pttawial

mwxft{

Quotation Supplement (Monthly) Street Railw^5upplement (^touai^

Investors Supplement (qm>^ State andC% Supplement <$*»&£[Entered according to Act of Congress, In the year 1900, by the Wtxjjam B. Daha Company, In the office of the Librarian of Congress.)

VOL. 71. SATURDAY, AUGUST 18, 1900. NO. 1834.

$feje <&hxouuU.PUBLISHED WEEKLY.

Terms of Subscription—Payable in Adranee

:

For One Year $10 00For Six Months 600European Subscription (Including postage) 13 00European Subscription Six Months (Including postage) 7 50Annual Subscription In London (Including postage) £2 14s.Six Mas. do. do. ao. £1 lis.

Above subscription includes—Thb Quotation supplementThe Investors' Supplement

Stbeet Railway SupplementState and City Supplement

Terms of Advertising—(Per Inch Space.)Transient matter $4 20STANDING BUSINESS OABDS.

Two Months (8 times).. 22 00

Three Months (13 times) . .$29 008ix Months (26 " ).. 50 00Twelve Months (52 " ).. 87 00

London Agents:Messrs. Edwards & Smith, 1 Drapers' Gardens, E. 0., will take sub-

scriptions and advertisements, and supply single copies of the paperat Is. eaoh.

WILLIAM B. DANA COMPANY, Publishers,Pine Street, Corner of Pearl Street,

Post Office Box 958. NEW YORK.

CLEARING HOUSE RETURNS.The following table, made up by telegraph, etc., indicates

that the total bank clearings of all the clearing houses of the

United States for the week ending to-day, August 18, havebeen $1,800,644,457, against $1,224,750,704 last week and$1,538,017,246 the corresponding week of last year.

Clearings.

Returns bv Telegraph

New York....

Boston.Philadelphia

BaltimoreChicagoSt. Louis

New Orleans

Seven cities, 6 daysOther cities, 6 days

Total all cities, 5 daysAll cities, 1 day

,

Total all olties for week.

.

Week Ending August 18.

1900.

1612,381,662

86,635,325

62,049.180

12,620,692

100.084.113

24370,436

5,543,304

$907,664,612

182.273,461

$1,089.93S.073

210,706,384

$1,300 644467

1899

$784,018,237

96,470,735

72.804.733

14 734,962

98.447,614

24,611,133

5,788.092

$1,096,975,408

170,417,293

$1,267,392,699

270,624,547

$1,538,017,246

P.Oent

-219-10-2

—14-9-14-3

+16+15-3-4-2

-17 3

+7*0

-14-0

-221

-16-4

The full details of clearings for the week covered by theabove statement will be given next Saturday. We cannot,of course, furnish them to-day, bank clearings being madeup by the various clearing houses at noon on Saturday, andhence in the above the last twenty-four hours of the weekhave to be in all cases estimated,as we go topress Friday night.We present below our usual detailed figures for the pre-

vious week, covering the returns for the period ending withSaturday noon, August 11, and the results for the cor-

responding week in 1899, 1898 and 1897 are also given. Incomparison with the preceding week there is a decreasein the aggregate exchanges of one hundred and sixty -twomillion dollars, the loss at New York being one hundred andfifteen millions. Contrasted with the week of 1899 the total

for the whole country shows a decline of 17*3 per cent.Compared with the week of 1898 the current returns recorda decrease of 1-0 per cent, and the excess over 1897 is 4-2

per cent. Outside of New York the decrease from 1899 is 3-4

per cent. The excess over 1898 reaches 21-3 per cent, andmaking comparison with 1897 the gain is seen to be 27'6 p. c.

Week, ending August 11.

Clearings at—1900. 1899.

New YorkPhiladelphia...PittsburgBaltimoreBuffaloWashington....AlbanyRochesterSyracuseScrantonWilmington....Binghamton....

Total Middle.BostonProvidence ....

Hartford ,

New Haven....Springfield ,

Worcester.,

Portland ,

FallKiverLowellNew Bedford...

Total New Eng..ChicagoCincinnatiDetroitClevelandMilwaukeeColumbusIndianapolisPeoriaToiedoGran J RapidsDaytonEvansvllleYoungstownSpringfield, 111LexingtonAkronKalamazooSaginawRockfordSpringfield, Ohio..CantonJacksonville, 111...

Tot. Mid. West'nSan FranciscoSalt Lake CityPortlandLos AngelesSeattleSpokaneTacomaHelenaFargo

,

Sioux Falls

Total Pacific

Kansas CityMinneapolisOmahaSt. PaulDenverSt. JosephDes MoinesDavenport.Sioux CityTopekaWichitaFremont.HastingsTot. other West.

St. LouisNew OrleansLouisvilleOalvestonHoustonSavannahRichmondMemphis.AtlantaNashville.NorfolkAugustaKnoxvilleFort WorthBirminghamMaconLittle RookChattanoogaJacksonville.

667.786.10570,780,56025.868.20317,268,8904.832,4512,229,80-;

2,136,51411,643.922905,817818,M)»857,747342.700

1

795.171,620

88,749,1015,528.4001,988.0911,228,0851,228,8191,100,6421,075,000524,672503,782?63,863

112,235,415

115.048,65518,585,16010,928.82812,663,2155,108,3574,810,2002,945.6791,951,5872,373,2761,148,498900.963778,782288,158448,258465,0il485,100395.326

Publication236.636264,992262,012139,276

136,296,483

116,108,21213,0)5.55010,610,5689.890,4736,042,4843,880.8002,566 9021,924.9332,288,8981,161,284621,943766.193263,247395.231305,788893.300370 283

suspended.252.293814,052248,218146,329

175.084,978

18,128,0951,817,3801,700,0002,492,3082.916,643961,765

1,010,931842,744240,288125,151

30.223,305

16,180,1628,788.8635,646.5308 820,5384,897.6 31

4,426.5711.285.296855,382960,276893,867499.669185,703165,886

Total Southern..Total all

Outside N. York.MontrealTorontoWinnipegHalifaxHamilton.St. JohnViotoria

,

Vanoouver,

Total Canada

48.435,352

80.042 1926,919,3286,424,9821.953,0002,400.0002,595.0478.208,8061.824,0801,874.8191,284,2551,284,610697,193484.122927,927689,895670,000430,671888.605217,602

903,780,54482,051,87084,020,7*917,343,6086,138,0122,060.8282,028,4521,780,2031,00 ,612997,878

1,014,293317,300

1,041,4*4 689

120,050.7486.111.8002,504,9041,872,3301,516,2851,145,1641,438.679666 655690.841899,777

1900P. Cent. 1898. 1897.

-17-7

778,612 66667.387,04216,240,30614,445,1814,139,9091,772.208

1,638.742909,678797,60:63/.220I801 000

789.245.49761,029,74014 065.98817,001,9533,789,2111.668,471

886,881.504

95,493.76)4851,1001.982,0571.287.9621,306,3411,520,6181,243.641677 6136-10.098409,298

169,866 794

16.806 4342,397,6381.495,2271.761,8394,807,3691,160 5581.020,406615.750822,101112.134

12,126,3458,133,7205,814,0923,6<7.0W48,260,8973,447,8821.074,542836.665715.198600.164484.891100,282117.829

63 600.034

,224.750.704

656.964.699

13.407 6098.404.3452.078.4561.403.521786.871863.185683,908

1.020 618

40,319,644

31,094,6055,697.8777,214,9992.202.8502,460 0001,953.2802.869 6281,477,4301.247,1121,262 0831.040.0HO687. 187522.091732,448609,1 5 <

889,000822,684284.067193.646

80,289,856 —0-2 20,018,632

+33-4+8-1—46+5*9+60-2+28#4+19 6423

+82*9-j-48-8

+31+36 6+819

108,832,484

89,692,37611.O46.8C09,514,9037,183,4804,446,1883,391,4002,551,7271,810,6321,664.877920,851729,475533,967205,863825,293438,882290,600290,568

203.246173,888184,762

135,897,641

12.401,4161.440,2961,847,8961.176,2801,115.544707,672612,194512,981130,00066,854

1,508,662848,138704.358702,166378,500

840,942,674

90,455,8554.824,6002,245,4041.348,0881,178,6601,489,4681,353.249685,421681,180880 899

104,543,794

84,602,56710,496.3508,799,6725,615.0825,196,6543.509.6008,185,9571.388,6272.233.484780,113667,887

181.870

860 005229,000319,883

194,464163,351163,997

9.433,8916,543,5376,492.5308,808,8492.7ul,4432,743,212843,348650.767604 935498,188377.151102.58094,938

62.250,519

1.480,507.885

5; 6,726 841

11.928 6587,872 3911.931,9961.452,860713.622787.409741037

1.014,377

38.922 839

85.126,4804,830.3285,826,8798,006,9002,080,7601,395,5078,137,2451,354.545968.610

1,009,114709,647479,861431,208847,462836.400328,000283,602298,023231. 32S

126 968,422

15.867,7821.801.9051,299,6701.886,877718,860718.180487,646420.00080,70262,911

22.687,383

9,717,5686.438,4654,297,6943 550,0272,236,3681,246,884900,000538,860486,789467,190368,88978,176100960

88.566.3911 26.392 3981 -*-9 3

80,869.167

84,478.4436,677,2086,829,3861.825,1502.884,6491,435,9911,982.0221.802 3331,187,809031974703.978378,917395,767570.949806 460477,000208 026273,736180,719

52 691.794 60 381,261

1,237.739.894 l,175,842.R91

459,127 228 138,597,194

18.650 866 11.180 6496.436.824 7.889.5911,195.221 1.226,3201,112.043 1.864,679652.206 516.538738,601 490.952

28 784 281 82.671.789

310 THE CHRONICLE. [Vol. LXXI.

THE FINANCIAL SITUATION.

Much more assuring news from China has been the

prominent feature of the week. As that disturbance

is one that affects industrial affairs here chiefly

through its influence on Europe, and as the turn in

the Eastern condition coincident with a more satis-

factory international money situation exerted a good

all around tendency in London and Berlin, our secur-

ity market has responded favorably. It is, however,

to be remembered that the serious problem con-

nected with China is, how can the Powers

repair the breach ? In reaching a settlement

will differences arise between the Allies of so

important a nature as to threaten and perhaps disturb

the peace of Europe ? To succor and rescue those

officials and others that have been so long imprisoned

in Pekin and in daily danger of a cruel death, would

bring joy and thanksgiving to the whole civilized

world. But the question then is—what is to come next?

Broken treaties, destroyed property, invasion of Kus-

sia, death of Germany's Minister, and, worse than all,

the murder of so many innocent men, women and

children—can such acts as these be passed by unre-

dressed, or can reparation be obtained for them with-

out serious friction ?

The United States certainly will not take part in a

division of China among the Powers. Would the

problem be materially changed if a Northern and

Southern China were proposed? What might that

step suggest or lead to? Does it mean Northern

China carved up and Southern China given to the

deposed Emperor, if alive, or to one who has his

views and would carry out the policy of friendship to

foreigners? Has the proposed landing of British

troops at Shanghai and the actual landing of

Kussian troops at New-Chwang been wholly for

the protection and in the interest of foreigners,

or in part also as a first step towards a final settle-

ment on a division basis ? Thoughts like these must

arise when one takes a cursory look at the present

situation in China and at the same time recalls the

action of the different Powers j ust prior to the break-

ing-out of the rebellion in appropriating portions of

Chinese territory to themselves. A survey of that

character brings also into view another possible hap-

pening if the policy of territorial appropriation is con-

tinued, and that is a rising of the Chinese people even

more general than is now in progress to resist the

world's encroachments. We are not permitted to

doubt that these suggestions have an interest for

the United States. They notify us that the

succor of the Ministers and those imperiled with

them may be an event far off from a settlement of the

Allies with China, and may even be the beginning of

a more serious entanglement. We may suppose,fhow-

ever, with reason, that after the succor is complete, a

stronger policy will be pursued by the Powers in the

endeavor to suppress and head off any extension of the

rebellion. Results in that way might be reached

which would prove of considerable service after a

little to all trade interests, even though a full settle-

ment should be a long time deferred.

ket or any other industrial interest. It is claimed

that there were considerable takings—some say as

high as $4,000,000—of the British bonds by Americans

direct through London houses besides the $28,000,000

taken here through the syndicate. As a conse-

quence the current week's gold exports have been

larger on the bond purchase account than was an-

ticipated. Of the total movement in the two

weeks about $2,000,000, it is claimed, has gone

forward on account of those who subscribed di-

rectly at London, and $10,000,000 of the remainder

covers syndicate shipments. The reasons why so

large shipments have made no disturbance are obvious.

We explained last week the character of the demand;

we showed that it arose out of a special transaction,

that it was a natural, not a constrained, movement,

and could not be in any manner disturbing. Thecondition which prevented so large a loss of gold from

making our money market closer is quite another

matter; a defective bank-note system and a sub-

treasury outflow of currency are accountable for

that.

The general belief seems to be that the gold outflow

to Europe has reached its limit. For the moment no

doubt exchange has dropped to a point at which

exports of the metal are not profitable, especially since

the Bank of England has withdrawn its offer of ad-

vances upon consignments of gold. As we look at

the situation, though, it indicates that the lower

exchange is temporary. The British Government in

seeking to place in America a part of the bonds it

was offering had urgent need for immediate

shipments of that metal. But it could not be

its policy to disturb affairs in New York. Hadthe exports kept up at the pace they took for ten days

the movement might have acted unfavorably. Theexports this week to Wednesday amounted to $8,744,-

388 42, making, with the $8,639,518 74 exports in the

previous week, a total of $17,383,907 16. This was

an unusually large amount in so brief a period. It is

noteworthy also that the shipment on Wednesday was

greater than the largest previous single day's exports

of gold on record. In other words, the outflow be-

came more rapid than desirable, and hence for the

time being it has been arrested. That does not meanthat no more gold is to leave us because of the bond

transaction. Whatever goes out hereafter will most

likely move more slowly. America's investments in

foreign funds have of late been larger than most peo-

ple know. Our remarks a week ago as to why the

eagerness to get the British bonds was so great in-

cluded a reason which applied not only to that issue,

but a much wider movement which has to a consider-

able extent been in progress of late.

Gold engagements and the British loan have con-

tinued to attract attention. The most remarkable

fact, however, in relation to this matter ii the ab-

sence of any substantial influence from the large go c"

movement on our money market, our security mar-

The political situation is attracting increasing at-

tention. An event of this week has probably aided

in developing public interest. We refer to the "con-

gress" at Indianapolis of the American Anti-Imperial-

ist League and the endorsement of the candidacy of

Bryan for President. No considerable influence can,

we think, result from that declaration. In our view

the effect against Mr. McKinley of the action of that

body would have been of more importance if it had

been less extreme. The "congress" threw off the mask

under which it attempted to attitudinize as "inde-

poadsnte' and showed itself to be merely a packed body

of B:7«Q followers when it voted so uproariously for

hiaa. At. the same time we are of the opinion, as we

August 18, 1900. J THE CHRONICLE 311

have allaloDg been, that the apathy prevailing because

of a general belief in President McKinley's re-election

is his most dangerous opponent. We hope that this

action at Indianapolis will be the beginning of an

awakening which will rid the canvass of that incubus.

There is danger with reference to the election, unless

the people get possessed with the idea that the re-

sult is in doubt, and to such an extent enlisted in the

work to be done as to draw out the best effort of each

individual. What those who have a share, large or

small, in our great industrial interests must aim to

secure, if we are ever to have continued prosperity, is

such a defeat of Mr. Bryan as will bury him and his

ideas so deep in votes against them that they can never

experience a resurrection. It is not only the silver

dogma the workers of the land are fighting, it is pop-

ulism and communism in their worst forms.

The Rio Grande Western Railway Company has de-

clared a cash dividend of 5 per cent, payable Septem.

ber 1 1900, on its $10,000,000 of common stock. Oneper cent in preferred stock was paid on these shares

in 1899 and 2 per cent in preferred stock in 1898,

but this is the first dividend that has been made in

cash on the common stock. The preferred stock has

had cash dividends for some time. While the

Rio Grande Western is a comparatively small

road, it has been enjoying decided prosper-

ity. Traffic and revenues showed growth in

previous years, but the further addition during

the fiscal year which ended June 30 1900 was

especially marked and striking. In these twelve

months gross earnings increased from $3,352,988 to

$4,510,603, being a gain in the sum $1,157,615, or over

33£ per cent, which obviously is a very large ratio of

expansion for a single year. In the net the percent-

age of addition has been even heavier, namely 42 per

cent, the total having risen from $1,268,463 in 1893-

99 to $1,811,344 in 1899-1900. It will be observed

that the gain in this last instance, $542,881, is morethan sufficient to provide the whole of the $500,000required for the cash dividend just declared on the

common stock. A preliminary income statement has

been issued by the company, and this shows that the

year's revenues were sufficient, after providing for all

fixed charges, to pay the 5 per cent dividend on the

preferred stock, the 5 p6r cent on the com-mon stock, to set apart $50,000 for a bettermentfund, add $25,000 to the insurance fund, make a

contribution of $19,000 to the relief fund for the suf-

ferers by the explosion in the coal mines at WinterQuarters, and even then have left a surplus balance onthe operations of the twelve months of $19,983 to

carry forward to the credit of profit and loss. It will

be remembered that stockholders voted April 30 1900to increase the capital stock to $15,000,000, the ad-

ditional five millions to be issued from time to timeas needed for new capital needs. It will also be re-

called that the Rio Grande Western and the Colorado& Southern have arranged for the joint acquisition ofthe Colorado Midland.

There has been no change in the official rates of dis-

count by any of the European banks this week. Influ-enced by the movement of gold hence to London andParis, the open market discount rates have grown easier

at those centres and there appears to be less mone-tary tension at Berlin. The statement of the NewYork Associated Banks last week did not fully reflect

the movement of gold early in the week, and as a

matter of course only a partial account was taken of

the shipment on Saturday. The statement wastherefore made on falling averages for cash. Thespecie showed an increase of $443,400; the

legal tenders decreased $730,600; there was a

gain in loans of $4,348,300 and in deposits

of $2,926,900, and the surplus reserve showeda decrease of $1,018,925, carrying this item to

$28,125,950. The applications for the exchangeof fundable bonds amounted at the close of business

on Thursday to $326,847,650. To-day (Saturday) the

call which was issued by the Secretary of the Treas-

ury May 18 for the redemption August 18 of the

outstanding extended 2 per cents will mature.There remain unredeemed of these bonds about $17,-

000,000, which are chiefly held by the banks as secu-

rity for circulation and deposits, and next week thegreater part of these bonds will be paid for by theTreasury, and the money disbursed go into thebanks, except so far as they may give up depos-its or circulation. The Treasury has this week paidabout $650,000 for drafts on account of California re-

mittances of gold, and the Canadian Bank of Com-merce has directly received drafts for $300,000, rep-

resenting gold bullion deposited at San Francisco andSeattle for account of the bank.

Money on call, representing bankers' balances, wasquite easy early in the week, growing slightly firmer

after Wednesday in anticipation of an unfavorablebank statement. On Monday loans were made at 1£per cent and at 1£ per cent, with the bulk of thebusiness at 1£ per cent. On Tuesday the transactions

were at 1% per cent and at 1 per cent, with the ma-jority at li per cent. On Wednesday loans for smallamounts were at 2 per cent and at 1| per cent, withthe bulk of the business at 1| per cent. On Thurs-day the rate again touched 2 per cent, the lowest wasli per cent, and the majority of the loans was at 1£ percent. On Friday transactions were at 1| per cent andat 1£ per cent, with the bulk of the business at 1^ percent. The average for the week was about lfper cent.

Banks and trust companies quote 1£ per cent as theminimum. Time money is quite inactive, withan insignificant demand for short periods, andthe little business that is done is for fourto six months. Rates are 3 per cent for sixty days,

3£ per cent for ninety days, 4 per cent for fourmonths and 4@4| per cent for five to six months ongood mixed Stock Exchange collateral. The inquiryfor commercial paper is extremely light, not only city

institutions but those in the interior refraining frombuying, and some of the banks express a desire to

keep their money under direct control for use inpossible emergencies, instead of investing it even inthe best commercial paper. The offerings are notlarge, and quotations are 4@4£ per cent for sixty toninety day endorsed bills receivable, 4£@5 per cent for

prime and 5£@6 per cent for good four to six monthssingle names.

The only news of importance from the scene of mil-

itary operations in South Africa notes the close pur-

suit of General De Wet by Generals Kitchener andMethuen across the Krugersdorp-Potchefstroom Rail-

way, on his way to join General Delarey, who is hold-

ing Rustenburg. It was reported on Thursday that DeWet had escaped with 7,000 men. The allied forces

312 THE CHRONICLE. [V*!,. LX2I.

who are moving on Ptkin occupied Ho-Si-Wu with

slight opposition on August 9, and it is reported that

the advance reached Maton on the llth and Tung-

Ohow, ten miles from Pekin, on the 12th. Yester

day it was rumored that the forces were in Pekin.

At a meeting of the Cabinet at Washington on Thurs-

day it was decided to grant the armistice which had

been asked for by Li Hung Chang, provided the gen-

erals at the front regard such a course as advisable.

The Bank of England minimum rate of discount re-

mains unchanged at 4 per cent. The cable reports

discounts of sixty to ninety- day bank bills in London

3f per cent. The open market rate at Paris is 2f per

cent and at Berlin and Frankfort it is 4£@4£ per cent.

According to our special cable from London the Bank

of England gained £430,384 bullion during the week

and held £30,859,289 at the close of the week. Our

correspondent further advises us that the gain was

due t« the imports of £80,000 bought in the open mar-

ket, to £371,000 net receipts from the interior of Great

Britain and to exports of £21,000, wholly to Brazil.

Influenced by the offerings of bills against gold

exports, the foreign exchange market grew easier early

in the week for short sterling, while cables were

weak, indicating that the shipments of gold had been

largely made against this form of exchange. At the

same time long sterling was steady to firm, reflecting

easier discounts in London. The market became dull

after Wednesday and without special feature. There

have been moderately large offerings of provision bills

this week and some drafts against grain, but not in

sufficient volume to make much if any impression

upon rates for commercial bills. Exports of gold for

the week were $8,744,388 42, all of which were to

LondoD. The Lahn on Tuesday carried $540,671 25,

shipped by Heidelbach, Ickelheimer & Co. On Wed-nesday the St. Paul and the Teutonic carried $8,203,-

717 17, about equally divided between the two ships,

Baring, Magoun & Co. forwarding $7,680,105 88 and

Heidelbach, Ickelheimer & Co. $523,611 29. Includ-

ing the exports last week this made a total of $17,-

383,907 16. Receipts of gold at the Custom House

for the week were $31,907. The Assay Office paid

$690,939 97 for domestic bullion.

Nominal rates for exchange, which were 4 85@4 85£

for sixty-day and 4 89 for sight on Monday, fell on the

following day to 4 84-£@4 85 for the former and to

4 88£ for the latter, but on Wednesday and thereafter

they were 4 85 for sixty- day and unchanged for sight.

Rates for actual business opened on Monday one-

quarter of a cent lower all around, compared with

those at the close on Fr day of last week, at 4 83|@4 84 for long, 4 87J@4 87| for short and 4 884,@4 884,

for cables, and the market was weak, influenced, as

above noted, by offerings of bills against gold exports.

The tone was firmer for long on the following day and

thereafter, owing to easier discounts in London, and

it was steady for short and weak for cables. Rates for

actual business, except for the latter, were, however,

unchanged. On Thursday cables declined one-quarter

of a cent, to 4 88@4 88^. The market was dull and

steady on Friday, and then tht re was an advance of

one- quarter of a cent for long. Rates for actual busi-

ness were 4 84@4 84i for long, 4 87|@4 87£ for

short and 4 88@4 88| for cables. Commercial on

banks 4 83£@4 83J and documents for payment 4 834;

@4 844;. Cotton for payment 4 83£@4 83i, cotton for

acceptance 4 834@4 83J and grain for payment 4 84

@4 84£. The following shows daily poBted rates for

exchange by some of the leading drawers.

DAILY POSTED BATES FOE FOREIGN EXCHANGE.

Brown Bros

daring,Magoun & Co..

Sank BritishNo. America,..

Bank ofMontreal.

Canadian Bankof Commerce.

.

Heidelbach. Ick-elheimer & Co.

bazard Freres..

Merchants' Bk.of Canada

J 60 days.{ Sight...

5 60 days{Sight...,

( 60 days{sight...

J 60 days{Sight...

5 60 days{ Sight...

J60 days

{ Sight...

i 60 days{ Sight,..

( 60 days{Sight...

Pel.Aug. 10.

MON..Aug. 18.

TTTES..Aug. 14

WUD..Aug. 15.

Thus..Aug. 16.

FBI..Aug. IT.

485480

8589

84*88*

8588*

8688*

8568*

4 86*4 89

86*89

8688*

8588*

8588*

8588*

4854 89

8589

84*88*

8588*

8688*

85es*

4864 89

8589

84*88*

8588*

8588*

8588*

4 864 89

8589

8588*

8588*

8588*

8588*

4 854 89

8689

8588*

8588*

8688*

85RftL£

4854 89

8689

8588*

8588*

8688*

8688*

4 854 89

8689

8588*

85f-8*

8588K

8588*

The following gives the week's movements of

money to and from the interior by New York banks.

Week Ending August 17, 1900.

Currency.

Jold

Total gold and legal tenders.

Received by

N. T. Banks.

Shipped by

N. T. Banks.

16.207.000

778.000

$3,873 000

721.000

$8,P85,000 $4,697,000

Net Interior

Movement.

Gain. 12.334.000

Gain. 64.000

Gain. 12 388,000

With the Sub-Treasury operations and gold exports

the result is as follows.

Week Ending August 17, 1900.

Banks Interior movement, as aboveS«b-Treae. oper. and gold exports..

Total gold and legal tenders

Into

Bank*.

$6,985,000

32,600,000

$39,585,000

Out of

Banks.

$4,597,000

42.600,000

$47,197,000

Net Change in

Bank Holdings.

Gain. 12 388,000

Loss 10,000,000

Loss. $7,612,000

The following table indicates the amount of bullion

in the principal European banks.

Bank of

*•ngland 80.859.289

rranoe 89.357.103

Germany 28.870,000

iussla 79.435,000

Aus.Hung'yt 87.7CO.000

Spain 13,889,000

Italy 15,463.000

Netherlands.. 4,870,000

NatBel* m . .

.

8,824,000

rot-thls week 303.067.392

fot. prev. Wk 30a.£33.1'S

August 19, 1900.

Bold. Silver.

45.264 233

14.878.000

7,612,000

9,910,000

16,720.000

1,631,000

5,885,000

1,412,000

103313233

108451*09

Total.

430.859289

184,021,336

43,743.000

87,047,000

47.010,000

80.409,000

17,094,000

10,765,000

4,236,000

August 17. 1899.

Gold.

M84.196.838

77.011.613

27,881,000

94,368.000

80.496.000

18.900.000

15,687.000

8.744.000

2,948.000

406.380,025 298.189,450

406.683.782 298 038,f87

Saver.

47,962,305

14,337,000

5,221.000

10,599.000

13.509,000

8,281.000

6.080,000

1,471.000

Total.

I84,190.898

124.978,917

48108,000

99,579.000

41.097,00$

20,629.00$

17.868.000

8.760,00$

4,414,000

101476805 399,805.755

101158835 399 197.692

t The Austro-H ungarian Bamk Statement is now issued in Kronen and Hel-ler Instead of Gulden and Kreutzer. The rednctlon of the former currency to

sterling £ was by considering the Golden to have the value of 60 cents. Aithe Krone has really no greater value than 20 cents, our cable correspondent In

Loudon, In order to red u e Kronen to £, has altered the basis of conversion bydividing the amount of Kronen bv 24 Instead of 20.

TEE CAREER OF O. P. HUNTINGTON.In whatever aspect the life and career of C. P.

Huntington, who died so suddenly and unexpectedly

on Monday night of this week, are viewed, he stands

out as a person of commanding prominence and one

who played an unusually important part in the mate-

rial and commercial affairs of the times in which he

lived. Whether we have regard to those sterling

personal traits and characteristics which would have

ensured success in any walk in life, or to his activity

in furnishing new avenues of transportation and newsourcts and means of commerce and business, thereby

promoting the general growth and development of

the United States, one finds in either case a wealth of

things to admire and a character and example worthy

of emulation.

Of course his life work was in the railroad world.

And here we should regard him in some respects as

without a peer among the great railroad men which thie

country has produced. We know that this is a broac

statement to make, and we know what it implies. W<are not unmindful of the fact that the past thirty

years have witnessed a period of railroad development

August 18, 1900.1 THE CHRONICLE. 313

without a parallel in the world's history, and that in

the creation of this vast mileage a large body of men

of a high order of talents and of surpassing genius

have come to the froDt. When the Central Pacific,

with which Mr. Huntington's name is so prominently

identified, was completed to a connection with the

Union Pacific, on May 10 1869, the railroad mileage

of the country aggregated scarcely 43,000 to 44,000

miles. Now the United States can lay claim to almost

200,000 miles. From small beginnings systems of the

greatest magnitude have been built up. To day any

four of the leading systems would contain as many

miles of road as the mileage of the whole country

thirty years ago. Each of these systems owes its exist-

ence to one or more men of great preeminence, and

whose names will always be associated with the history

and growth of transportation interests in this country.

Among the trunk lines running between Chicago aDd

the Atlantic seaboard, the name of Commodore Van-

derbilt as founder of the New York Central system,

John W. Garrett as creator of the Baltimore & Ohio,

and J. Edgar Thomson and Thomas A. Scott as the

master minds which conceived the Pennsylvania

Railroad system, will readily be recalled.

But west of Chicago the same work was being car-

ried on by men hardly less distinguished for energy,

progressiveness and far-sightedness. As a matter of

fact, in point of mileage there are now more large

systems west of Chicago than there are east of that

point. We reviewed last week the annual report of

the Chicago & North Western Railway, from which it

appeared that that system in its late fiscal year had

earned almost 43 million dollars gross, not counting

the operations of the trans-Missouri lines; Albert

Keep and Marvin Hughitt immediately ocour as the

names of the persons identified with the early history

of that great corporation. But the North Western is

only one among many, some of which have even

larger earnings than it. The Chicago Burlington &Quincy in the year ending Jnne 30 1900 earned over

47£ million dollars gross; John M. Forbes, Sidney

Bartlett, Charles J. Paine, C. E. Perkins and T.

Jefferson Coolidge might be mentioned as a few

of the persona who contributed by their means

and their skill to the formation and advancement of

that property. In the Milwaukee & St. Paul, Alex-

ander Mitchell was the creative genius. In the Chi-

cago Rock Island & Pacific Hugh Riddle, David

Dows and Ransom R. Cable shaped the course of

things. The Atchison in its early days was dominated

largely by the Nickersons, Thomas and Joseph. Noone can think of the Union Pacific without calling to

mind the Ames (Oliver and Oakes) and Sidney Dillon.

On the north we have the Great Northern as the

handiwork of "Jim" Hill, as he is familiarly called in

the West.

This list might be extended and enlarged, but as it

stands it comprises a galaxy of railroad personages

the like of which can be found nowhere else in the

world. Some of these excelled in one line, others in

another. C. P. Huntington combined in his person

many qualities and attributes which distinguished

these various railroad people. He was thoroughly at

home in operating details, was a financier of a high

order, and had no superior in the construction line.

It seems to us, too, that prominence should be given

to the fact that in building the Central Pacific his

task was a peculiarly formidable one and that the ob-

stacles to be overcome were greater than in the case

of most other large undertakings. As a builder of

new roads, his record stands unequaled. Only a lit-

tle over a month ago, in talking with one of our repre-

sentatives about his plans for the future, he declared

that he had built more miles of road than any man in

the world, and the statement cannot be disputed. Afact which should not be overlooked either is that

his activity in the railroad world was wholly in

the creative line. He was engaged in building upenterprises, not in destroying them. He was not a

wrecker of roads. Nor was he a speculator or a stock

operator. He amassd wealth, but not at the expense

of others. The wealth he acquired was made in the

building and operation of railroads, practically all of

it wealth which had been called into being by the un-

dertakings which he carried through. Moreover his

own money and savings were always at stake, and he

made large gains because he took large chances.

The present generation can have no conception of

the magnitude of the work involved in the building

of the Central Pacific Railroad. There are now half

a dozen iron highways across the continent, and wesee only accomplished facts. Hence it is difficult to

realize that the construction of the first overland

route was attended by almost insuperable difficulties,

and that sucoess was finally attained through efforts

that fell little short of being superhuman. The task

of providing the financial means was not the only dif-

ficult one, though it was the one of paramount im-

portance. The assembling of the needful materials,

the tremendously high cost that had to be paid for the

same, the obstacles that had to be overcome in carry-

ing the materials to the points needed with no exist-

ing railroads available for that purpose—these madethe physical work connected with the construction of

the road no less onerous than the task of raising the

money. Nor can any one who did not live at the timethe road was completed, or who was not cognizant of

the circumstance, fully appreciate how important the

event was considered. We well remember that in

many of the public schools of this city the pupils

were brought together in the assembly rooms andmade acquainted by trustees or school principals withthe occurrence which had just taken place and which(as even those who had been most skeptical of the

success of the scheme were now ready to admit) wasto have such a tremendous influence upon the future

of the country.

Throughout the whole of his career, from first to

last, Mr. Huntington was distinctively a pioneer of

progress. It is no disparagement of the ability,

courage and determination of Mark Hopkins, LelandStanford and Charles Crocker, who were his business

associates in building and financing the Central Pa-cific, and who contributed their means as he did his,

and who shared with him the early burdens, strug-

gles and trials, to say that he was the dominantspirit in the enterprise. He was recognized as pre-

eminently fitted for the task, and his associates, while

supporting him in every way, allowed hiin to direct

affairs. His part of the undertaking was well de-

scribed in a letter which he wrote a few years ago,

when he was being so harshly criticised by a portion

of the public press. "I take all the responsibilities/'

he said, "connected with the building of that great

work. None of the first board of directors came in

except at my personal request. I bought all the ma-terial and raised all the money other than what was

used to build the first hirty-three miles, which was

314 THE CHRONICLE. [Vol. LXXI.

in the main furnished by the first board of direct-

ors."

When Congress was considering the relations of the

Pacific Roads to the Government, some five years ago,

Mr. Huntington took occasion to review the history of

the undertaking. As showing how little faith there

was in the practicability of the enterprise, he pointed

out that in 1848, when the California gold fever had

set in, and when an appeal had been made to the Na-

tional Government for aid in the carrying-out of such

a project, a Committee of Congress reported adversely

and characterized the scheme as visionary, undeserv-

ing and impracticable. It was not until fourteen

years afterward, in July 1862, that the Pacific Railroad

Act sanctioning the enterprise and making a loan

in its behalf was passed. By January 1863 grading

had been begun in a modest way, "corresponding to

the resources of the stockholders," as Mr. Hunt

ington said. All supplies and machinery, however,

had to be ordered more than twelve months be-

forehand, as everything had to be first manufactured,

then shipped around Cape Horn to San Francisco, a

distance of 17,000 miles, with freight rates exceed-

ingly heavy and insurance high. Prom San Francisco

it had to be re-shipped in small sailing vessels to Sac-

ramento, and thence it was transported by cars, some of

it nearly half way back across the continent. The work

encountered, Mr. Huntington pointed out, was of the

most forbidding character, involving the crossing of

a wide river, liable to be suddenly swollen by the de-

scent of melting snows from the steep mountain

slopes; and an ascent of over 7,000 feet to be over-

come in the first hundred miles from tide water. Rails

oost $100 a ton or more and then were only of iron,

not steel. Locomotives and other things cost about

three times what they do now. All labor was paid in

gold, and the gold in many instances had to be

bought at a premium of 122 per cent.

As to the difficulty of raising money for the enter-

prise, some interesting accounts were given of his

efforts to enlist the support of well-known capitalists,

all of whom declared: "Huntington, the risk is

too great and the profits, if any, are too remote.

We cannot join you." More than once the credit

of the Central Pacific was saved and protected by

that of the individual directors; and one of the

first issues of its bonds was negotiated, Mr. Hunting-

ton asserted, with the written guaranty of interest

for a period of ten years by the directors and the firm

of Huntington & Hopkins. The bonds issued in aid

of the road, as is well known, were currency bonds.

"When the Act was passed they were worth about

their face value in gold; before the road had been

built they had declined to 90 cents in currency, or

about 40 cents in gold." Though marketed to the

best advantage, the $25,885,120 of bonds received

realized less than $18,000,000 in coin. Despite all

these drawbacks, obstacles and difficulties, the road

was completed May 10, 1869, over seven years ahead

of time, the company having had, under the Act of

1862, until July 1 1876 to build the line.

The Central Pacific was the first and most difficult

piece of road constructed by Mr. Huntington. Sub-

sequently he built thousands of other miles in Cali-

fornia, Arizona, New Mexico and Texas, which are

now embraced in the Southern Pacific system. At

one time he also owned the Chesapeake & Ohio and

the Chesapeake Ohio & Southwestern, giving him,

with the Louisville New Orleans & Texas, a complete

line across the Continent from Newport News, on the

Atlantic, to the Pacific Ocean clear up to Portland.

In later years, however, he disposed of his railroad

interests east of the Mississippi, and confined his en-

ergies to the development of lines west of the Missis-

sippi. He also built a great deal of mileage in Mexico,

the Mexican International being his creation, andenjoying the unique distinction of having been under-

taken without aid or subvention from the MexicanGovernment.

As for his influence in promoting the growth anddevelopment of the country, that can scarcely be ex-

aggerated. Such a result followed inevitably fromhis having provided so much new mileage andopened to settlement so much new territory. It

is a common argument of those who wish to speak

in derogation of the part played by some prominent

character in advancing the interests of a community,to say that if he had not done the work some one else

would have risen to do it. There is just enough basis

of truth in the statement to make it very mischievous

and fallacious if improperly applied. In the Central

Pacific case it may unquestionably be affirmed that if

Mr. Huntington and his little band had not taken up the

project, the trans-continental line would in any event

have been provided. But it is equally clear that it

would not have been built in the same way or at the

same time. While at the end there was actually a

race between the Union Pacific moving west in its

construction work and the Central Pacific movingeast, the situation would have been wholly different

if Huntington and his followers had not] demon-strated the feasibility of the project at the Pacific ter-

minus. The opening of the overland route wouldin that contingency certainly have been greatly

delayed, and this in turn would have delayed to that

extent the growth and development of the Western

country. Mr. Huntington was fond of dilating uponthe enormous sums saved yearly to the Government in

the charges for transporting mails and troops and in the

cost of policing the frontiers as the result of the open-

ing of a rail route across the continent. This saving

likewise would have come much later if there hadbeen delay in the completion of the line.

Certain communities owe their entire existence to

Mr. Huntington. This is pre-eminently true of New-port News. Galveston, New Orleans and the Gulf

cities will always remain in debt to him, for in provid-

ing a short and direct route across the extreme south-

ern portion of the United States he made the whole of

the Pacific Coast tributary to the Gulf, whence the

goods and products are readily and cheaply distrib-

uted by water routes to points on the Atlantic sea-

board. This traffic might have been diverted else-

where except for the establishment of the Southern

Pacific system. In California's development he and

his roads have been the principal agency. He has

been subjected to much unkind criticism at the hands

of newspaper writers in that State, the charge of

monopoly being leveled at him. That he was anxious

to retain his hold on the traffic of that State admits

of no question, but he pursued this policy simply be-

cause it seemed in the interests of both his companyand of the State. In his anxiety to forestall the en-

trance of rival lines he built hundreds of miles in the

State which otherwise California would probably nowbe without.

For his personal character only admiration can be

expressed. He inherited no material possessions, but

August 18, 1900.] THE CHRONICLE. 315

he did inherit good moral qualities and an alert and

vigorous mind. He had those habits of thrift and in-

dustry which, when combined with common sense

and the right quality of intellect, are the sure precur-

sors of success. If it be true that some men are

born great, some achieve greatness, and some have

greatness thrust upon them, there can be no

question as to which of these ways Mr. Hunting-

ton attained his distinction. It is to be noted

that he was of New England ancestry, having

been born in Harwinton, Litchfield County, Conn.

This adds another to the long list of persons from

that part of the country who have contributed in an

important degree to the material advancement of the

United States. In the early history of the country

these men devoted their attention chiefly to mercan-

tile pursuits, and their lives are written in the oareers

of our eminent merchants. At a later period, with

the advent of the railroad era, we find them taking a

foremost part in that movement. Kugged na-

tures, like the soil which bred and nurtured

them, and possessed of faith in themselves,

they have carried civilization and progress every-

where. The part played by New England brains,

means, pluck and enterprise in opening up the re-

moter parts of the country has never yet received ade-

quate recognition. The reader will discover many

New England names among the galaxy of railroad

men mentioned above, and it is a fact that at one

time quite a number of our largest Western systems

were controlled and directed from New England,

among others the Atchison, the Union Pacific and

the Burlington & Quincy.

Mr. Huntington had a true conception of the

dignity of labor. Possessing almost unlimited ca-

pacity and desire for work, he was not ashamed to be

known as one of the " hewers of wood and drawers of

water." The New York "Sun" reports that it was

Mr. Huntington who offered the prize for verses in

reply to the shallow and meretricious doggerel of

the author of the " Man with the Hoe," wherein the

farmer was called a "monstrous thing," and "brother

to the ox," and as having the " emptiness of ages " de-

picted in his face. Mr. Huntington well argued that

the real brothers of the ox are the men without the

hoe. Who shall tell their story? he asks. "Whoshall best sing the bitter song of the incapables whowalk the earth, driven hither and thither like beasts

by the implacable sentiment of a false social educa-

tion, suffering the tortures of the damned and

bringing distress upon those dependent on them be-

cause they have lost that true independence of soul

that comes to him who dares to labor with his

hands, who wields the hoe and is the master of his

destiny ?"

It was the consideration of these various character-

istics that led us to remark at the outset that in

whatever aspect Mr. Huntington was regarded, hestood out as a commanding figure. A certain writer,

himself a leader in industrial undertakings, has

termed the heads of such concerns as captains of in-

dustry. The railroad transportation interest is the

country's greatest industry, and Mr. Huntington wasone of its foremost captains. But he was more thanthat. He was a typical American in the way heavailed himself of the great opportunities afforded in

this country to thrifty and enterprising men, andabove all he is to be credited with having sat upsound ideals of life and duty.

ENLARGING THE FUNCTIONS OF THENATIONAL GOVERNMENT.

In an address before the graduating class of the

College of Law at the University of Wisconsin, Jus-

tice David J. Brewer, of the United States Supreme

Court, expressed some wholesome views a short time

ago bearing on the question of the enlargement of the

functions of the National Government. His remarks

are deserving of careful consideration, not only by

law students, for whom they were primarily intended,

but by the public at large, who are so deeply inter-

ested in the problem of Government in its various

forms.

In considering whether it would be for the best in-

terests of the country to extend still further the

powers of the National Government, he disclaimed

any intention of touching upon the various new prob-

lems that have arisen in connection with the adminis-

tration of affairs in Porto Kico, Cuba, the Philippines,

or any of our other new possessions. His purpose wasto deal only with the ordinary, every- day questions

that arise with reference to our affairs at home.

He makes a strong, lucid argument against the

theory that the powers of the National Government

should be enlarged in the particular referred to. Local

control is of the highest importance. Indeed, on it

depends largely the continuance of government by the

people. So far as is consistent with the welfare of the

nation as a whole, it is better that each locality should

regulate its own affairs. He would not detract from

the powers of the National Government as they nowexist, but he asks, "Is not the present national con-

trol over all States and all citizens sufficient ?" Heenumerates specifically some of these grants of power

to show how extensive and far-reaching they are. Healso indicates the numerous prohibitions placed uponthe powers of the States. Yet Congress is all the

time being importuned to add still further to the

powers and duties of the Federal Government, and to

restrict still more the domain within which the

functions of the separate States are exercised.

He is not oblivious of the fact that there is a certain

beauty and charm in uniformity. It seems a pleasant

thing that one body of statutes should obtain through-

out the whole of this great nation, and that all rights

be determined, all contracts and business regulated, in

accordance with a uniform law. But, he well says,

the great question is not how beautifully symmetrical

and uniform is the structure of government, but howfully does it give play to the activities and energies

of the individual and help him develop all the possi-

bilities of his being. Considering all the diverse

types of individual life, the various conditions of so-

ciety, born of the physical and climatic conditions of

the different parts of the Union, the varied industries

and activities of those parts, nothing, he points out,

will tend more perfectly to develop the life of the in-

dividual than to leave each part free to establish in

the fullest possible degree its local rules and regula-

tions. A body of laws which would be appropriate for

Massachusetts, with its manufacturing industries, andthe quality of life which is developed under those cir-

cumstances, might be sadly out of place in Colorado,

with its mining industries and its essentially different

habits of life. Indeed, it is the real glory of the Fed-

eral system that it enables the nation to expand and to

take in more and more territory, while at the same

time permitting each portion of a great territory to

316 THE CHE0N1CLE. [Vol. LXXI

develop its own local life according to its own notions,

free from any external control, except in respect to

matters which are part and parcel of the national life.

In discussing the various schemes pressed on the

consideration of Congress, he points out that however

desirable it might be to have a Federal divorce law, or

universal female suffrage, or to have a national law

against polygamy, it is best, after all, that these mat-

ters should be left to the States. He goes quite at

length into the discussion of the control of commerce

and trusts, and proves very conclusively that it would

not be the part of wisdom to add to the powers and

dominion of the National Government in these re-

spects. The Constitution vests in Congress the regu-

lation of inter-State cammerce ; it leaves to the States

the full control of their internal commerce. There is

no provision which gives the National Government any

general supervision over the manufacturing industries

of the several States. Owing to the great consolida-

tions and combinations, or "trusts" as they are fa-

miliarly called, which have grown up in recent years,

there is a feeling that the State governments are not

able, by themselves, to deal with the new prob-

lems that have thus arisen, and that consequently

there should be some amendment to the Federal Con-

stitution giving to Congress a larger power over all

commerce and over manufactures in general. Justice

Brewer savs he does not wonder, in view of all the

facts of the case, that efforts should be made to place

a larger control and a more complete supervision over

all corporations in the National Government. Not

unnaturally such a method seems the easiest and

quickest way to regulate and control this matter of

trusts. But, he urges, is not this a case in which the

old adage is appropriate, "Look before you leap?"

He argues in much the same way we did in our arti

cle on "Trusts and the Constitution" in the

issue of May 26th, in which we discussed the

proposed amendment to the Federal Constitution

concerning trusts. He says, obviously the amend-

ment if adopted would vest in Congress an

enormous jurisdiction, which, once vested, would with

almost absolute certainty never be taken from it. It

would enable Congress to enter into what has hitherto

been regarded as the business of the several States,

and by supervising their corporations, controlling

their manufactures and commerce, assume such a

jurisdiction over their internal affairs as to leave little

scope for independent action. Before a step is taken

which will work so great a change, it should be very

clear that there is a necessity for it, that the relief

which is sought cannot be secured under the present

organization. It may be that none of the measures

which have been taken are practical or efficient, yet

can any one say that the whole power of the States

and the nation has been exhausted ? He declares that

the existing powers of Congress are large, and it maybe that a careful examination will disclose amplemeans in that body to do in connection with the

States all that is wise or necessary in the way of

checking these so-called trusts and monopolies, which

are arousing so much public indignation. He also

has the utmost confidence in the effuacy of public

opinion. This is often an unwieldy but always a

tremendous power.

He passes from a consideration of the question of

trusts to various other propositions, Buch aa giving to

Congress jurisdiction of insurance companies, etc., all

calculated to endow the National Government with

larger dominion over domestic affairs. Commentingon this tendency, he says the Constitutional tinker

is abroad in the land. To his mind there is danger in

such a tendency. If it continues it will end in a

single centralized government instead of that unique

Federal system under which we have hitherto lived

and prospered. "You may say it would develop a

more powerful government. In a certain sense,

doubtless, that is true. An army composed of regular

and trained soldiers is more powerful than an army of

like numbers composed of untrained volunteers. Theone moves with the certainty of the machine, con-

trolled by a single will, but the continuous life of a

soldier is not that which most fully develops the indi-

vidual. So a centralized government may be moreefficient, more powerful, and yet it is not that form of

national organization which makes the most of the in-

dividual. Other things being equal, the more of per-

sonal participation which each citizen takes in the

affairs of government the higher will be his develop-

ment. There will be more emphatically government

by the people."

He urges that in a nation like ours, having a popu-

lation of over 70,000,000, and extending from Ocean to

Ocean and from the Lakes to the Gulf, if the people

everywhere become accustomed to look to Washingtonfor the laws to control their lives and business, it will

not be long before, although the forms of liberty maybe preserved, the real power will be vested in an indi-

vidual or a limited number, who adroitly manipulate

the politics of the land to their own advantage. The"boss" in politics who, notwithstanding all denuncia-

tion, seems to be able to maintain himself in power,

will be succeeded by the r ' boss " in the nation. Morethan that, there is a constant tendency in centralized

power to corruption. Human nature has not yet be-

come so strong, so pure, that it is beyond the reach

of temptation. We are living in a day whenwealth is accumulating with great rapidity, andif power be centralized we may be sure that

enormous temptations will surround those whoare temporarily entrusted with such power. A safer

and better way is to keep power, so far as is possible,

confined to the several localities. It is hard to cor-

rupt a town meeting; it is composed of neighbors wholive together and watch each other from day to day,

and whose interests are all so connected that honesty

on the part of each is felt to be the best policy—in

fact, a necessity of their harmonious living to-

gether. But when the representative is 3,000 miles

away from home beyond the immediate watch of his

neighbors, and surrounded with the inducements andtemptations that wealth can furnish, it is one of the

inevitable laws of our weak humanity that more andmore will be the number of those who yield to these

temptations.

There is still another objection to centralized gov-

ernment. The representative idea is lost. The full

fruition of the representative idea of government is

realized only when all legislation is tiie result of the

combined consideration, thought and wisdom of all

the members of the representative body. But so

many are the interests pressing upon the attention of

Congress that by far the great majority of its enact-

ments are, in fact, considered, framed and settled by

committees. In either House are something like 50

standing committees, consisting of from three to fif-

teen members. " Increase the powers and functions

of the National Government, add to the questions and

August 18, 1900.J THE CHRONICLE. a 17

interests committed to the care of Congress, and of

necessity this feature of our national legislation will

become more and more prominent. Instead of being

ruled by representatives of the people, we shall be

ruled by committee of such representatives, a sort of

bureaucratic government. The less we have of that

the better, and the less we have the more truly will

this be a government by the people."

RAILROAD NET EARNINGS FOR JUNE.

We shall defer until a later date our review of the

gross and net earnings of United States railroads for

the half-year ending June 30, in order to secure fuller

returns. We shall confine ourselves on this occasion,

therefore, entirely to a presentation of the figures for

the month of June considered by itself. Here there

are no special features to note except that the show-

ing is perhaps better than expected. In face of a fall-

ing off in the wheat movement in the West and in the

cotton movement in the South, we have an increase in

the gross receipts in the large sum of $8,298,080, or

12*60 per cent, as compared with the same month of

last year. In the case of the net earnings we see re-

flected the effects of the increased operating expenses,

but even here there is an improvement in amount of

$2,435,781, or 11-88 per cent. Following are the totals.

June.

(104 roads.)

Gross earnings

Operating expenses

.

Not earnings

1900.

74,158,871

51,214,675

S2.943.S96

1899.

65,860,591

45,352,376

20.50«,215

Increase.

Amount. Per Cent

8,298,080

6.862.299

12-60

li-93

2.435,781 n-as

The foregoing results appear all the more satisfac-

tory when it is remembered that the present increases

follow exceptionally large increases last year, Jane of

1899 having been especially distinguished in that way,

the gains then amounting to $8,213,140, or 15*48 per

cent, in the gross, and to $4,072,241, or 27*81 per cent,

in the net. From the subjoined table, giving compari-

sons back to 1895, it will be seen that our June com-pilations have shown successive increases in both gross

and net in each year since 1894.

Year and Gross Earnings. Net Earnings.

Numberof roads.

YearGiven.

YearPreceding.

Increase or

Decrease.

~r+2,026.608

+2.675,944

+1.705.668

+3,543,686

+8,213,1404 8,298.081

YearGiven.

YearPreceding.

T~12.789,758

13,880,754

13.486,252

14,578,903

14.644.193

20.508.215

Increase or

Decrease.

June.

1896 (134)

1896 (127)

1897 (111)

1898 (121)

1899 (101)

ieoo (104)

t

49,395.905

51,898,527

53.457.067

65,114.464

61,276.998

74.158.H71

$

47.870,397

49,322,688

61,761,399

61,570.778

63,063.868

65.860591

$

14,290,824

14.398,578

11,904,668

15,509.815

18.716.434

22.943.996

$

+1,501.066

+661,819

+1,418.811

+930,912

+4,072,241

+2.435,781

Notwithstanding the generally favorable results,

several leading roads have sustained losses in net,

owing to an augmentation in expenses. In the fol-

lowing we show both losses and gains of over $30,000.

It will be observed that there are no losses in the

gross for that amount, but eight losses in the net.

PRINCIPAL CHANGKS IN GROSS EARNINGS IN JUNE.Increases.

Pennsylvania* $1,788,500Atch. Top. & Santa Fe. 62fi,222Baltimore & Ohio 539,321L.V.RR. and L.V. Coal 462,360Illinois Central 442,964Norfolk & Western. . .

.

300,204Buff. Boon. & Pittsb'rg 267.503Mexican Central 263.355Southern Pacific 260,970Canadian Pacific 250 482Chic Burl. & Quincy. 233,085Chic. Rock I. & Paoiflo 228.960Southern Bailway 205,745

• S?nver & R1° Grande 200,113Chesapeake & Ohio... 187,086Rio Grande Western.

.

152,930Chicago & Alton 152.342Union Pacific 135,629Hooking Valley 121,394

Mo. Kansas & Texas.. $123,319Mexican National 105,4 55Cleve.Cin.Chic.&St.L. 105,262Cent, of New Jersey.. 102,5mPhil. Wilming. & Bait. 72,4 00Northern Central 67,600Mexican Internat'l . .

.

58,009Toledo & Ohio Cent... 57,699St. Louis & San Fran.. 55.1^6Wabash 51,213Colorado & Southern. 49,777Choc. Oklah. & Gulf.. 45,965Nasli. Chatt. & St. L.. 44,582Kan. 0. Ft. So. & Mem. 37,278Bait. & Ohio Southw.. 34,664W. Jersey& Seashore. 32,200

Total (representing45 roads) $7,862,299

ti!P2J«rB lln£8 direotly operated east and west of Pittsburg and Erie.

incr^dSS^lo8©11111168111016*864 ^'426 ' 100 and 0n We8tern Unes

PRINCIPAL CHANGES IN NET EARNINGS IN JUNE.Increases.

Pennsylvania t $819,000Atch. Top. & Santa Fe. 393,290Baltimore & Ohio 318,764Norfolk & Western 257,966Mexican Central 208,787Mo. Kans. & Texas... 153,875Buffalo Roch. & Pitts.. 132,046Chicago & Alton 98,52901eve.Cin.Chio.&St.L. 94,001Rio Grande Western.. 82,211Mexican National 81,586Denver & Rio Grande. 78,921Nash. Chatt. & St. L.. 68,350Hocking VaUey 58,536Chicago R. I. & Paciflo 54.392Ohio. Burl. & Quincy.

.

51,641

Northern Central.Canadian Paciflo.

.

$35,10034,746

Total (representing22 roads) $3,021,744

Ohio. Mil. & St. Paul..*

$15^,903Wabash 149,473Louisville & Nashville 103,835West N. Y. & Penn.. .. 69,713Minn. St. P. & S. St. M. 55,562Southern Paciflo 53,8148outhern Railway 41,963Leh.V.RR.andL.V.C. 30,052

Total (representing14 roads) $660,315

t Covers lines directly operated east and west of Pittsburg and Erie.The net on Eastern lines increased $714,200 and on the Westernlines $104,800.

When arranged in groups every group has an in-

crease in the gross] and the coal roads and the North-

western group are the only ones having a loss in the

net. The loss in this last instance follows from the

decreases on the Milwaukee & St. Paul, the Iowa

Central and the "Soo."

SUMMARY BY GROUPS.

Section orGroup.

June.rrunk lines. ( 8)

Anthra. coal. (4)

East &Mid.(14)Mid. West'n.(16

Northwest'n( P)

Sonthwest'n.dS)

Pacific Coast (11

)

Southern.. ..(23/

Mexican (3

Gross Earnings.

1900.

$17,689.939

6,887,077

3,457,598

5,293,132

11,320,751

8,207.18-

10,151,674

9,344,577

2,633,717

1899.

«

15.337,474

5,280,213

2,954,4071

4,412, 09J<

10,806 75p!

6,996,171

9.344.C61

8,522,516)

2,206,898.

Net Earnings.

1900.

Tolal.(104r'ds, 74.168 671 65.860.591 22,943.996 20,509.215 4-2.435.781

$

5,181,233

1,016,23

1,077,438

1.505.1P3

3,472,84e

3,016,106

3.S69.823

2,871,844

1,138,2^0

1899.

4,103,211

1,031,026

P51.709

1,325,636

3,566,592

2,339,6e4

3,827,024

2,511.623

821,831

Increase.

$

+1,078.

—44,

+125.

+179,

-93,

+678,

1-43,

+160,

+ 311,

,02*

,793

729

,£48

746

442

799

321

459

P.O.28-27

4'22

13'21

13*54

2*63

2891T126-38

37-90

~1V88

Last Previous Sale.Aug. 1900— 131July 1900—July 1900—

2552201a

July 1900— 270

ITEMS ABOUT BANKS, BANKERS AND TRUST GO'S

—The sales of bank stocks at auction this week aggregate

259 shares, including 16 shares of a Brooklyn bank. One lot

of 225 shares of National Bank of the Republic sold at 225%,comprised the bulk of the transactions. No sales were madeat the Stock Exchange. The sales of trust company stocks,

also all at auction, reach a total of 12 shares.

Shares. Banks—New York. Price.8 Continental National Bank

—

14510 New York, N. B. A., Bank of.. 260

225 Republic, Nat. Bank of the.. .. 2253sBanks—Brooklyn:

16 City Bank, National 265Trust Companies—New York.

1 Atlantic Trust Co 201 1* July 1900— 204%10 Morton Trust Co 447 7s May 1900— 443*2

Trust Company—Brooklyn.1 Brooklyn Trust Co 416 June 190O— 415

—All the Clearing House certificates issued last Decemberby the Boston Clearing House at the time of the failure of

the Globe National Bank of that city have now been retired,

the last $100,000 having been paid yesterday. The Globe

National, it will be remembered, became involved by reason

of loans on United States Oil Company and United States

Mining Company securities, and the Clearing House voted to

issue $3,500,000 certificates. The assets deposited with the

Clearing House to secure these certificates have proved morethan sufficient for the purpose, and it is stated that the Clear-

ing House Committee will be able to return to Receiver

Wing about $750,000 face value of securities, estimated to

have a real value, however, of only $300,000, to apply for the

benefit of depositors of the bank and the unsecured creditors.

—There is a widely prevalent notion here in the East that

when one passes the Missouri River no very large banks are

to be found until one reaches the Pacific Coast. It is inter-

esting to note, therefore, that in Denver, Col., there is an in-

stitution which in the amount of its deposits and resources

compares favorably with some of the largeet banks in Chi-

cago and other great centres. We have reference to the

First National Bank of Denver, which in recent returns to

the Comptroller of the Currency has reported gross deposits

in excess of $18,000,000. This bank has had quite a remark-

able growth during the last few years and we have thought

it might be useful and instructive to bring together the fig-

ures disclosing its record. In the following table we show

the changes, year by year, in several of the leading items in

the bank's returns.

318 THE CHRONICLE. [Vol. LXXI

Fibst Nat. Bk ,

Denver.June 29,1900....

Sept. 7,1399...

Dec. 1,1898.,..

Oct. 5,1897....

Oct. 6,1896...,

Sept. 28, 1895...

Oct. 2.1894...,

Surplus A Gross. Aggregate

Capital, Vndiv.Prof. Deposits. Resources,

$500,000 $564,954 $18,019,080 $19,614,035

, 500,000 525,467 18,375,207 19,574,978

500.000 549,349 15,197,896 16,427,245

500,000 529,530 10,962,892 12,170,625

500,000 546,038 8.359,460 9,585,500

, 500,000 537,789 7,661,657 8,879,448

500,000 551,829 6,130,337 7,362,170

It will be observed that sinoe 1894 the gross deposits have

risen from $6,130,337 to $18,049,08 \ while aggregate re-

sources in the same interval have increased from $7,362,170

to $19,6 14,035. It will perhaps be recalled that Mr. David H.

Moffat, the President of the bank, was at one time the Presi-

dent of the Denver & Rio Grande Railroad Company. The

other officers of the bank are: Vice-Presidents, W. S. Chees-

man and G. E. Ross-Iowin; Cashier, Taomas Keely; Assistant Cashier, W. C. Thomas, and Second Assistant Cashier,

F. G. Moffat.

—The firm of Chas. T. Wing& Co. , having been dissolved by

the death of Mr. Henry A. Glassford, the remaining part-

ners, Ezra Lincoln, William Watson Caswell and William

Henry Allen Jr., will continue the business of the late firm

at the old offices, No. 18 Wall Street, New York, and No. 2

Kilby Street, Boston, under the name of Lincoln, Caswell &Co.

— The Annual Convention of the Wisconsin Bankers' Association was held on Wednesday of this week at Milwaukee.

Frank G. Bigelow, President of the First National Bank of

Milwaukee, and President of the Association, delivered an

interesting annual address. F. W. Hayes, President of the

Preston National Bank of Detroit, spoke on the subject of

" The Clearing House," and Mr. George W. Burton, Cashier

National Bank of La Crosse, La Crosse, Wis., had for his

theme " Further Financial Legislation."

Mr. Hayes in his address adverted to the evils connected

with the collection of out-of-town checks free of cost andsaid that these evils could only be overcome through the

agency of the clearing houses of the country working in con-

cert. He declared in favor of making a charge on every

item sent to the banks by other banks and thought that

in the course of time the question could be worked out satis-

factorily.

Among the resolutions adopted by the Association was onedeclaring against the proposed amendment to the State Con-stitution permitting the Legislature alone to alter the bank-ing laws. At present any changes in the law made by the

Legislature before becoming effective must first recaive the

approval of the voters. The Association believes that sta-

bility of banking laws is desirable and hence is in favor of

the continuance of the present system.

The following officers were elected by the association for

the ensuing year: President, Henry D. Smith, President First

National Bank of Appleton, Wis.; Vice-President, JohnJohnston, Cashier Marine National Bank of Milwaukee; Sec-

retary, Charles E. Arnold, Assistant Cashier Wisconsin Na-tional Bank, Milwaukee, and Treasurer, George H. Utz,Cashier First National Bank, Menasha.

— George Leask, of George Leask & Co. , bankers, of No.35 Wall Street, returned on Wednesday from his annual va-

cation, which he spent in Southern California, visiting all theprincipal points of interest, including the island of Catalinaabout thirty miles from the coast opposite Los Angeles, thewell-known popular resort for tourists. The trip was thor-

oughly enjoyed and Mr. Leask returns much invigorated byhis relaxation from business cares.

—The National Bank of R demption of Boston have movedinto their new banking rooms on the ground floor of No. 202Devonshire Street, corner of Franklin.

—Mr. J. R. McAllister, Cashier of the Franklin NationalBank of Phi ladelphia was this week elected a director of theRailways Company General, a street railway combination in

which there are large Philadelphia interests.

—Mr. William S. Emley has been elected Prasident of the

Sixth National Bank of Philadelphia, to succeed the late

William D. Gardner. Mr. Emley previously held the posi-

tion of Vice-President, to which he was chosen in 1898. Hehas been a director of the bank since J 888.

—The First National Bank of Racine, Wis., has taken over

the business of the Union National Bank of the eame city.

It is stated that the only reason for the consolidation is that

controlling spirits in the Union National wanted to retire

from business, and accordingly thought it best to dispose of

the good-will and assets of the institution, for which theyfound a taker in the Fir3t National Bank.

—The board of directors of the Paterson Safe Deposit &Trust Company of Paterson, N. J., on August 7 elected Mr.S. S. Lambert, who had been the First Teller since the or-

ganization of the company, Assistant Secretary. Previously,

that is on Jane 5, 1900, Mr. F R. Allen had resigned as Sec-

retary, and was succeeded by Mr. William Berdan, whoalso remains Treasurer. The President of the company is

Mr. John W. Griggs and the Vice-President, James Inglis, Jr.

— The Dominion National Bank of Bristol, Va.-Tenn., is

quite a small bank, but is steadily adding to its business.

The statement just received for July 16, 1900, shows aggre-

gate resources of $384,079, against $251,132 in July, 1898, and$175,536 in July, 1896. H. E. Jones is President of the bank.

ANNUAL CONVENTION OF NEW YORK STREETRAILWAY ASSOCIATION.

A change has been made in the time of the holding of the

eighteenth annual convention of the Street Railway Associa-

tion of the State of New York at B iffalo. The dates origin-

ally fixed were September 11 and 12. Ifc has now been decided

to postpone the time just one week—to September 18 and 19.

This is done in order to secure adequate hotel accommoda-tions. As a number of other conventions are to be held at

Buffalo during the week commencing September 10, it is

thought the hotels will be overcrowded on the dates at first

named.

IMPORTS AND EXPORTS FOR JULY.The Bureau of Statistics at Washington has issued

the statement of the country's foreign trade for

July, and from it and from previous statements wehave prepared the following interesting summaries.

Forbign Trade Movement of the United States.[Id the foliowing tables three ciphers (000s) are in all oases omitted.]

, 1900. , , 1899. »

Bxport$. Imports. Excess. Exports. Imports. Exeest.

Merch'dlse. f

Jan.-March. 371,182April 118,778May 11 3,4 '27

June 108,652July 100.41S

$ I

231.254+139.02873,510 +43,26 5

71.654 +41,77301,001 +47,66163,686 +30,877

I313.98888,79693.S419H.39494.926

I S

191.319+122.66965,808 +23,58770,160 +23.68161.757 +34,63760,102 +34.S24

Total 812447 502,955+309,492 687,944 448,516+239.398Gold and Gold In Ore.

Jan.-March.AprilMay...JuneJuly

8,1771,950

12,2108.0943,269

5,8793,3353,fib33.7294.945

+2,298-1,375+8.527+4.366-1,676

3,4331,1632,049

20.9012,608

14.72*2.4S33.0703.1062.895

-11,896-1,320—1,021

+17,803-283

Total 33,710 21.671Silver and Silver In Ore.

Jan.-March.AprilMayJuneJuly

Total

15.0044.1126,0655,1884,911

~33,281

8,1193,«692.4614.M003,311

+12.139

+6.885+748

+3.00+283

+ 1,603

30,180 26.283 +3,877

14,7684,0834,4363.8134.001

7.6821,8503. "10J,89

1

2,732

+7.078+2,833+ 1 .426

+ 1,949+i,m

22,160 +13,124 31.123— Excess of imports.

17,168 +13,955+ Excess of exports.

We subjoin the totals for merchandise, gold and

silver for the seven months since Jan. 1 for six years.

Merchandise. Gold. Silver.

SevenAlos. Exvorts. Imports.

Excessof Ex- Im-

Excetsof Ex- Im-

Excessof Ex-

~Z~Exports ports. ports. Exports port*. ports. port*.

1 • 1 • 9 % 9

1900. 812,447 502,955 30949: 33,710 21,671 12,139 15.264 22.160 13.124

1899. 687,9H 448.546 239398 30,160 J 6.283 3.87' 31.193 17.168 13.965

1898. 694,057 377,245 316822 7,723 95.238 87,516 29.483 15,647 13,936

1897. 560.872 506.481 54.391 30,569 7,167 23 ••»(''- 32,85ft 17.741 15.11?

1896. 5 1 2,330 421,761 90,566 54,923 27.613 27,31 36.036 17.438 18.696

1895. 443,407 164.626 •21,219 39.417 27,659 11,850 28,748 12.118 16.630

* Excess of imports.

Similar totals for the month of July make the

following exhibit.

Merchandise. QOI.D. 8ILVEB.OneMo. Bxvorts. Import*.

BxcetfOf Ex- Im- feMMI

Of Ex- Im-BXCMSof Ms*

Bxporti ports.

1

port*. Exportt

"~I

ports. ports. ports.

•I t t t 1

1900. 100 413 63.536 30.877 3.««1» 4,945 •1,876 4,914 3.811 1/»S

1899. 94.926 60.102 34,834 2.608 2.895 468 4,003 2.781, 1.271

1898- 72.525 50.984 21.641 1.497 9,641 1.145 4.886 2.664 2.231

1897. 71.104 53.075 17.429 5,463 P3t> 4.BJ8 4.706 2.694 2,011

1896. 67.71> 52.109 15,8011 I 1 .031 1,668 1 0.263 5.771 2,648 3,198

1895- 56.648 rfcoso 16.484 3.867 748 3.124 4.814 1 ,727 fcQfcl

* Excess Of Imports.

August 18, 1900.] THE CHRONICLE. 319

In these tables of totals, gold and silver in ore for

all years are given under the heads respectively of gold

and silver.

The following shows the merchandise balance for

each year back to 1875.EXCESS OP MERCHANDISE IMPORTS OR EXPORTS.

1 month ending July 31—1875 Imports. $3,677,2661876 Exports. 9,236,2411877 Imports. 2,416,0701878 Exports. 10,662,7511879 Exports. 9,644,3491880 Exports. 18,710,5871881 Exports. 10,610,9361882 Imports. 11,187,3371883 Imports. 4,096,8461884 Imports. 513,0321885 Imports. 3,362,6241886 Imports. 2.855,0861887 Imports. 7,197,3141888 Imports. 14,157,3561889 Imports. 19,528,7191890 Imports. 23,1 14,4721891 Imports. 4,373,1421892 Imports. 7,268,2631893 Exports. 5,927,7901894 Imports. 12,687,8901895 Imports. ie,484,0571896 Exports. 15,609,2371897 Exports. 17,429,2091898 Exports. 21,540,6681899 Exports. 34,824,4261900 Exports. 36,877,248

7 months ending July 31—1875 Imperts.$25,472,4781876 Exports. 59,300,0241877 Exports. 35,480,3431878 Exports.166, 5 17,2861879 Exports. 124,680,9601880 Exports. 44,874,0811881 Exports.108,610,9021882 Imports.1883 Exports.1884 Exports1885 Exports.1886 Imports.1887 Imports.1888 Imports.1889 Imports.1890 Imports.1891 Imports.1892 Exports.1893 Imports.1894 Exports.1895 Imports.1896 Exports.1897 Exports.1898 Exports.316,821,4271899 Exports. 239,398,1801900 Exports.309,49 1 ,972

50,624,36741,986,17310,242,80351,951,0693,833,824

34,287,44175,732,75650,183,97541,835,83517,634.71340,157,14962,872,23159,182,70921,219,09290,565,67754,391,108

IMPORTS AND EXPORTS OF GOLD ANDSILVER AT SAN FRANCISCO

Through the courtesy of the Collector of Customs at San

Francisco we have received this week the details of imports

and exports of gold and silver through that port for the

month of July, and they are given below in conjunction

with the figures for preceding months, thus completing the

results for the seven months of the calender year 1900. Theimports of gold were the largest in amount for many months,

reaching $3,500,693, of which $3,462,225 was in coin. Of

silver there came in $219,058, of which $141,904 was bullion.

During the seven months there has been received a total

of $8,973,779 gold and $1,448,349 silver, which compares with

$10,495,316 gold and $1,289,973 silver in 1899. The shipments

of gold during July were only $6,775, all coin, and the

exports of silver have been $965,463, of which $486,231 wascoin. For the seven months the exports of gold have reached

$341,619, against $1,540,409 in 1899, and $4,696,680 silver

has been sent out, against $2,808,249 in 1899. The exhibit

for July and the seven months is as follows :

IMP3RT8 OP GOLD AND SILVER AT 8AN FRANCISCO.

MONTHS.

1900.January. .

.

February..MarchAprilMayJune ......July

GOLD.

Coin. Bullion. Total

3,31270,0086,356

2,274,3002,477,261502,780

3,462,225

14,28422,64430,37938,468

25,62878,16047.650

2,288,5842,499,905533,159

3,500,693

Tot. 7m0B . 8,796,242 177,537 8.973,779 222/714 1,225^636 1,448,349

SILVER.

Ooin. (i Bullion. Totat

55,5712,562

18,1977,178

52,3849,668

77,154

230,23350,977

237,311220,775127,920216,515141,904

285,80453,539

255,508227,953180,304226,183219,058

EXPORTS OP GOLD AND SILVER FROM SAN FRANCISCO.

MONTHS.GOLD. SILVER.

Ooin. Bull'n Total. Ooin. Bullion. Total.

1900.January ..

February..March.....ajpril

,

,

June

$104,490190,04314,8603,91c7,818

11,1536,775

8920ffO

1,600

$105,410190,09c14,8603,91<9,41>

11,1536,775

341 ,6U

$133,190255,556377,366195,255295,938250,70*486,231

1,994,238

9284,407426,045239,315252,59^508,200572,650419,232

$417,597681,601616,681447,848804.138823,352905,463

lot. 7 mos. 339,049 2,570 2,702,442 4,696,680

[From our own correspondent.]

London, Saturday, August 4, 1900.Business has teen very slack all the week owing to the

protraction of the war in South Africa, the troubles in

+ ?a* £e be8inniQg of the holiday season, and the fact that

today the Stock Exchange is closed, and that Monday nextwill be a Bank Holiday, when business everywhere will besuspended. Very large numbers of people have in conse-quence left the city, and business up to Thursday morningwas exceedingly dull and scarce. On Thursday morning,However, the "Times" published a long telegram from itscorrespondent in Pekin, which shows that communicationswitn x'etan are at last opened, and that furthermore the

Ministers are safe. The impression made by all this, to-

gether with the surrender in the Bethlehem Hills of about4,000 Boers with large quantities of arms and ammunition,made a most favorable impression, and there was a generaladvance in prices.

The public is as yet still holding aloof from markets, andbusiness therefore did not become very active; but the feel-

ing improved greatly, and especially in American railroadsecurities, and in Chinese bonds there was more buying thanfor a considerable time past. The general impression here is

that the prospects in the United States are so very promisingjust now that there ought to be a very considerable advancein American railroad securities. As already said, the gen-eral public is holding alcof and large numbers of professionaloperators are away holiday-making. Still there has been forthe last day or so decidedly more buying of American securi-

ties than for a long time past.

With regard to China, the hope is entertained that a relief

force will advance immediately upon Pekin and will be suc-cessful. The "Times" correspondent mentions that as longas the Chinese troops were able to hold Tientsin the opera-tions against the legations were pushed forward actively,

but that the instant Tientsin was taken there was a completechange. Military operations were suspended, and an edictwas issued promising protection to the legations and all

foreigners connected with them. From this it is inferredthat the authorities in Pekin have lost' hope to resist the for-

eign troops in Pekin. With regard to South Africa the im-pression is general that the war is now very nearly at anend. A small force that had been under the command ofGeneral Prinsloo has escaped ; but it is hoped that it will berapidly followed up and compelled to surrender; and little

doubt is entertained that De Wet likewise will before longbe compelled to surrender. If so, the pacification of theOrange River Colony will be completed in a very short time,and then it will be possible for the mine-owners and all em-ployed by them to go back to Johannesburg and to resumework. Until the Orange River Colony is pacified unarmedcivilians would of course be unsafe, and it is not probablethat native laborers would be attracted in large numbers; butas soon as the pacification is effected little doubt is enter-tained that a sufficiency of labor will be got together.As yet there has not been any very marked buying of

South African securities. Indeed, the general public is, asalready said, holding aloof from all markets; but it is note-worthy that for the last day or two buving on Continentalaccount, and especially on French and German account, hasbeen larger than for several months past. The German buy-ing has been chiefly in American and copper shares, theFrench buying has been in both Chinese and South Africansecurities, and there has been a certain amount of Britishbuying in all classes; but while there has been this generalrecovery in so many departments of the Stock Exchange,British Government securities and British railway stockscontinue dull. The weakness of Government securities is ofcourse due to the fact that the Government will have toborrow further sums, and that nobody knows what the ex-penditure in China may be; while the weakness in Britishrailway stocks is traceable to the extreme dearness of coal.

The price of coal has been rising again all through the week,and every advance in coal of course is detrimental to therailway and it is likely to lessen dividends.Money in London is very scarce and dear, and already

people are beginning to expect an advance in the Bank rateto 5 per cent. Whether it will take place depends firstly

upon whether the outflow of coin and notes to the interior is

very large, and, secondly, upon whether gold is received fromabroad, and more particmlarly from Russia and the UnitedStates. Nobody fears now gold withdrawals from the Bank,for the exchanges are in favor of this country. This weekthe Russian Government has had to send a large amount ofgold to Paris, and it is expected that it will have to sendconsiderable sums to London likewise. In the present con-dition of things it would be impossible for the Russian Gov-ernment to borrow large amounts in Paris; and as Russia is

spending immense sums on account of her preparations forChinese eventualities, she will have to draw upon her goldreserve, and therefore she will probably have to send a gooddeal of gold to London so as to be able to remit freely andexpeditiously to the Far East.The Bank of EDgland has now complete control of the

outside market, and the Bank during the week did a verylarge business both in lending and in discounting. If muchgold should be received from the United States in connec-tion with the issue just announced of £10,000,000 Govern-ment Exchequer bonds, a part of which is to be allotted inthe United States, the situation would change and the neces-sity for an increase in the Bank rate be avoided.In Paris money is very abundant and cheap, and daring

the past week or ten days the leading French banks havebeen buying British bills on a very great scale, thus stoppingthe shipments of gold from London to Paris. In Berlin theImperial Bank has grown very much stronger than for aconsiderable time past, and money in the outside market is

abundant and cheap. This is due to the slackness of busi-

ness brought about, firstly, by the war scares; secondly, bythe liquidation in the industrial department, and, thirdly, bythe alarm that has been caused by a small bank in Colognetaking advantage of the Bourse laws to repudiate its Stock-

Exchange liabilities. Private speculators from time to time

have done the same thing; but their action was not re-

320 THE CHRONICLE. [Vol. LXXI

garded as very serious. When, however, a banking institu-

tion, though small and in little credit, shelters itself behind

these laws, the alarm has been for the time very considerable

and speculative business has been for the moment almost

stopped.Meantime the India Council is not as successful as it has

been for a considerable time in disposing of its drafts. OnWednesday it offered for tender 20 lacs and the applications

were for less than 12^ lacs. Less than one-third of a lac

was alloted at Is. 3 29-32d. per rupee, and a further small

amount of under one-half a lac was sold by special contract

at the same price.

The following return shows the position of the Bank of

England, the Bank rate of discount, the price of consols, &c.

1900. 1899. 1898. 1897.

Aug. 2. Aug. 2 Aug. 3 Aug.!.

Circulation 80,886.830 29,227,140 28.406,805 284?5,?85Public deposits 10,481,697 7,266,463 6,126,314 7,2-8,132

Other deposits 40,110,901 3tf.957.748 45,156.173 4J.245.477Government securities 20.418,546 18,088,522 13,941.630 18J83.480Other securities SO.457,579 31,513,844 82,60?,2«3 28.548,326

Reserve of notes and coin 17,941,620 20,787,384 22,8:2.293 24.2P0.923

Coin & bullion, both departm'ts 31.083,450 83.214.474 34,479.098 36986,308Prop, reserve to liabilities.. d.c. 86 8-18 43J* UH 49 1-10

Bankrate, percent. 4 8*6 2H ,,?,>•Consols, 2H Per cent. 97 516 106 3-16 in 113*Silver.....?;.:. 28a. 27M4. W^> 28^'LOlearine-House returns 182,812,000 206.13a.000 143.428,000 146 666,00

The Bank rate of discount and open market rates at theohief Continental cities have been as follows:

Hates o f

Interest at

Paris

Berlin

HamburgFrankfort ,

AmsterdamBrussels

,

ViennaSt. Petersburg.,

MadridCopenhagen . .

,

Aug. 8.

BankRate.

3

5

5

5

314

4

4^

6

OpenMarket

2%4

4

4

3H3%m

6

July 27

BankBate.

3

5

5

5

4

Hi5hi

3\i

6

OpenMarket

2 15-16

4

4

4M

mV43H6

July 20.

BankRate.

3

6

5

5

3*4

3M6

OpenMarket

2%4

4

4

3H3*4

Shi

6

July 13.

BankRate.

3

5

5

5

3

4

ihi

f>hi

3)4

6

OpenMarket

2H4

4

4

3)4

3%4

314

6

The rates for monev have been as follows:

to

London.Bh

s

3

July 6 3

" 13 8" 20 4

" 27 4

Aug. 2 i

Open Market Rates.

Bank Bills.

3 Months. 4 .Month*. 6 Months.

2hi®2^2%

3%®i

ihi

3

4&V4

4U

8J4@3tf

3H@Z%4@*k

Hi

Trade Bills.

3 Mos. 4 Mos

3

3@3Mi®ihi

4Ji@4Hihi^ihi

SH

4M@*J*V4®1U

Interest allowedfor deposits by

JointStockBanks

IKIK2hi

2hi

2K

Dia'tH'i.

At 7-14Call Oayt

114

2K'ihi

ihi

m2Km29*

Messrs. Pixley & Abell write as follows under date ofAugust 2:

Gold.—The dearness of money has had the effect of sending all ar-rivals of gold Into the Bank, with the exception of some yen taken forParis. The Bank has bought £50,000 in bar gold. Arrivals: Austra-lia. £54 000; India, £5,000; West Indies, £12,000.Silver.—The upward movement last week was largely helped by the

French Mint requirements being made known, viz.: 50,000 kilos fordelivery in August, and the prioe rose as high as 28316d., but at thislevel large realizations were effected both here and in India and theMint order being filled the market has dropped to 2715, „d., the cashprice being ked. under the forward price on the dearness of money.Arrivals : New York, £203,000 ; Chile, £7,000. Total, £21o,000.Shipments : Bombay. £79.00 3: China. £72,000. Total, £151,000.Mexican Dollars.— Business in dollars has been at a standstill and

the price is nominally kd. under that of silver. Arrivals: New York,£9,600. Shipments: China, £33,000; Straits, £39,000. Total, £72,000.

The quotations for bullion are reported as follows:

Gold.London Standard.

Bar gold, fine oz.

D. S. gold ooin...oz,Germ'n gold coin.ozFrenoh gold coin.ozJapanese yen oz

Aug. July2. 26.

e. d. s. d.77 9k 77 9ia76 4 76 4k76 4 76 4k76 4 76 4k76 4 76 4k

'

1

Silver.London Standard.

Bar silver, fine. ..ozBar silver, contain'gdo 5 grs. gold.oz.do 4 grs. gold.oz.do 3 grs. gold.oz.

Cake silver oz.Mexioan dollars. oz.

Aug.2

d27i5le

287lb/8k8iu

30i8Z7?8

July26

d.27%

28i428li«27'829<"i 6

_ 2758

The following shows the imports of cereal produce into theUnited Kingdom during the forty-eight weeks of the seasoncompared with previous seasons:

IMPOSTS.

1899-00. 1898-9. 1897-8. 1896-7Importsofwheat.owt.58,688,700 59,601,850 60,428.610 61,228,250Barley 14,503.600 21,928.543 19,247,304 20,312 900Oats 18,868,000 14,070,120 13,969,290 16,842,680Peas 2,379,440 2,194,150 2.2ll,l45 3,085,«45Beans 1,491,320 1,949,570 2,246,450 2,535,280Indian Corn 52,437,800 52,586,060 49,5 7,600 54,b49.660Flour 20,860,600 20,837,905 18,781,470 18,66,420

Supplies available for consumption (exclusive of stocks onSeptember 1):

1898-9. 1897-8. 1896-7.59.601,850 60,428,610 61,228,25020,837,905 18,781,470 18,6 7,42032,500,000 13,053,327 23,501,608

189900.Wheat Imported, owt.58,688,700Imports of flour 20,860,600Bales of home-grown.31,741,593

Total 111,290,893 112,933,7551899-00. 1898-9.

Aver.prloe wheat,week 29s. 3d. 25a. 2d.Average prioe, season. 26s. 2d. 26s. 2d.

92,263,407 103.397,2781897-8. 1896-7

30». lid. 28s. lOd36S. fid. 28b. 8d.

The following shows the quantities of wheat, flour andmaize afloat to the United Kingdom:

This week. Last week. 1899. 1898.Wheat... -:,. -qrs.

J2380i000

^.gOOj 2(695>000 j1,780,000

Flour, equal to qrs,Maize qrs..'. 740.000 815,000 1,030,000 660.000

English Financial markets—Per Cable.

The daily closing quotations for securities, etc., at Londonare reported by cable as follows for the week ending Aug. 17.

London.

Silver, per ounce d.Consols. , new, 2% p. ots.For account

BVohrentes (in Paris) fr.

Spanish 4sAnaconda MiningAtoh. Top. & Santa Fe..Preferred

Baltimore & OhioPreferred

Canadian PacificChesapeake* OhioChic. Mil. & St. Paul...Den. & Rio Gr., com....Do do Preferred.

Erie, common1 st preferred2d preferred

Illinois CentralLouisville & Nashville..Mo. Kan. & Tex., comPreferred

N. Y. Cent'l & Hudson..N. Y. Ontario & West'nNorfolk & Western

Do do prefNorthern Pacific, com..Preferred.......

Pennsylvania*Phila. & Read'Phila.& Read, ,1st pref.*Phila. &Read.,2d pref.southern Pacific9outh'n Railway, com.

.

PreferredUnion PacificPreferred

Wabash, preferred.Deb. "B"

Sat. Mon. Tuet. Wed. Thur$.

28 28ke 28k 28i ]e28i, 6

98

k

98k 988, 6 98k 98349838 98k 98'8 99 98i&i*

00-371* 10030 100-40 00-47k71 71 71k 71k 71k9 9he 9k 98s J.°">

27^8 28is 28k 2958 2972»8 72°8 73 73 5g 73587634 76% 7738 X7538 73k8288 825s 8358 x8l% 8^k89"8 90?8 9138 925a 92%28k 28k 28k 28k 28 34

11438 114% 116 1173a 118lhk 18 '8 1938 19k 20k68»4 6fe58 69k 69% 7011 11*8 Ilk ilk 113s33 3318 33»8 33% 351634 17 17k 17 17k

119ia 120 120k 120k 120k73 733s 74 74k 74k9*8 10 10 10k 10k31% 31% 32 32 31%132 132 133k 133k 133k21k 213a 21% 21k 22k3434 34% 35 35k 355a80 80 79 78 785234 53 53k 53»8 535a73i8 7338 73% 73 73k65% 66 66 66k 66k8k 8»8 86a 8^8 8%

30 30i8 303s 30k 30%1458 145s 14% 1478 153438 34k 35 34k 34k11k 1118 Ilk 113s ilk53 14 5238 53 ?8 54k 54k60^8 61 6lk 61% 615s77»8 77% 78 78k 78k16k 18k 19 19k 19k33 33 33k 34 3438

zikT985g98^800457lk914

28 »8

72%73k81k92k28k

1175819%69i>8

34k17k

1207410*831%

13322k35k78525s73k663a85a30%14%34Ilk5461k7819k34

Price per share.

National Banks.—The following information regardingnational banks is from the Treasury Department.

NATIONAL BANKS ORGANIZED.

Certificate Issued August 6,

5,530—The Citizens' National Bank of Covington, Ohio. Capital, $25,-000. Henry Flesh, President; J. L. Goodknight, Cashier.

Certificate Issued August 8.

5,531—The First National Bank of Littlestown, Pennsylvania. Capi-tal, $25,000. S. 8. Mehring, President; , Cashier.Conversion of The Littlestown Savings Institution.

Certificate Issued August 10.

5,532—The American National Bank of Orange, Virginia. Capital-$25,000. J. W. Lockwood, Jr., President; Newton Lookwood.Cashier.

Certificates Issued August 11.

5,533 -The Delta National Bank of Cooper, Texas. Capital, $25,000.S. C. Ratcliff, President; James A. Smith, Cashier.

5,534 The First National Bank of Arcadia, Florida. Capital, $30,-000. Zlba King, President; Charles C. Chollar, Cashier.

CORRECTION.The First National Bank of Lookhart should be, The Lockhart

National Bank.

Imports and Exports for the Week.—The following are

the imports at New York for the week ending for dry goodsAug. 9 and for the week ending for general merchandiseAug. 10 : also totals since beginning first week January.

FOREIGN IMPORTS.

For week. 1900. 1899. 1898. 1897.

Dry GoodsQen'l mer'dlse

82,0702348,400.081

$1,902,8047,683,848

$1,634,7325,963,116

$1,166,4735,457,277

Since Jan. 1.

Dry Goods

—

Gen'l mer'dlse

$10,470,315

$76,068,399263,334 994

$9,586,652

S63.545.942254,820,888

$7,597,848

$58,698,836211,354,286

$6,623,750

$91,955,988242,244,012

Total 32 weeks 4339,403,393 $318,366,830 $270,053,122 $334,200,030

The imports of dry goods for one week later will be foundin our report of the dry goods trade.The following is a statement of the exports (exclusive of

specie) from the port of New York to foreign ports for the

week ending Aug. 13, and from January 1 to date.

EXPORTS FROM NEW YORK FOR THE WEEK.

1900.

For the week.. $9,674,770^ev. reported 360,953,873

Total 32 weeks $370,628,643

1899.

$7,889,861275,875,730

1898.

$9,156,608295,286,591

1897.

$9, 105,569243,493,580

$283,764,591 $304.443, 199, 0252.599. 149

The following table shows the exports and imports of

ipeoie at the port of New York for the week ending Aug. 11

August 18, 1900.] THE CHRONICLE* 321

and since January 1, 1900, and for the corresponding periodsin 1899 and 1898.

EXPOBT8 AND IMPORTS OF SPECIE AT HEW YORK.

Gold.Exports. Imports.

Week. Since Jan. 1. Week. SinceJan. 1.

$6,632,2162,008,907

6,8302,050

$10,284,61617,664,4814,500,7091,890,738

95,8103,703,728175,526

$7,8947,721951

$93,996254,760325,884

West Indies 227,020207,395

South AmerloaAll other oountrles.

378,10668,275

Total 1900Total 1899Total 1898

$8,650,0037,425

12,000

$38,315,60825,800,7374,701,597

$16,56654,705

1.084,817

$1,555,4368,743,439

70,416,503

Silver.Exports. Imports.

Week. Since Jan. 1. Week. Since Jan.l.

Great Britain $699,885162,244

2,744

$30,403,765590,800

4,100283,386

55,31414,180

$14,95282,5562,817

25

$59,514965

Germany 2,628157,881West Indies

1,777,222562,978190,833

South AmericaAll other countries.

Total 1900Total 1899Total 1898

$864,873783,514895,493

$31,351,54529,378,40127,413,953

$100,35065,7056,528

$2,752,0212,355,9351,493,720

Of the above imports for the week in 1900, $7,645 wereAmerican gold coin and $200 American silver coin. Of the

exports during the same time $508,880 were American goldcoin and $1,498 were American silver coin.

Government Revenue and Expenditures.—Through thpoourtesy of the Secretary of the Treasury, we are enabled to

place before our readers to-day the details of Governmentreceipts and disbursements for the month of July. Fromprevious returns we obtain the figures for previous months,and in that manner complete the statement for the sevenmonths of the calendar years 1900 and 1899.

RECEIPTS AND DISBURSEMENTS (000 omitted.)

egcro-b a1

1

m ma aO.O.

oo <oCOtoo

55

<B <t >4

a a •

amf)

."°?S: : *

: m: : q• * 3: : a

aa

S o'o

B3 5

jo Sa co

2, CD

Sod<D so

a I

ao » 5 ~< 1 Ed, j, g s= < w

2 £.so"<j 7 —

^

£ o a

- »

aH00

aa.

<S 09

— >-*

s ®1°§1

3o

QOa

SB*£.S"CD <D

B ©~ B

a

SO

'OSLB Q

O •«

Q<t> H

Bco

M K> * NO

iCCH i->«Dcowo«o

« I — I-* I WO OI00JOfco

1as® cc'iols'ooO OOSCJKIOIh-OlOQO »— C5 OS A

W ® (DOSWO*0C0«J-IW«1 CO

I

JOO-fl

«ISO

CO

0-X M (DCD— COWCD 35 COCO

CO I M^O*u (O>-

j 00 35 CO W W COp— UU CO uo w W COCO I -'tOCJIONCO

COJ9 *-«50DCTSl CO olk'-lM CJI CO *k w COtO O* OS CS> OS A

W I *- —jj 1 —coos"sO I CONCO-J

I— #.COOl (OtS

«v totsDO cototo *H

O H-lao 1* 93w woo co

to (DOftIt- • to-- I

K> (soco»3S O^J OO^9 !

IB wcsao ;

01 CB-ItO 1

— — toco•"•« as"waw oDcaosto — *.

—»_*. A CO

OS CJI OO rfk. CO »toto wwesto

— WTca>Oils <0« OO ®w as o od 0000 0P 00 OS A UT

lo I asas"®w to-i wtO I -CKOCO

A I CO6000 I *0 *.JOCO

J—"to to.**

^- CO 0- OSI— I CO osos

00— asoOCJT CO *.ww ocas

— to to

*•* MtOW0. —CO80ft iB-OD

WO ftcnto

ecoooosocoas -j co*- -j s:— O JSQOAtO

» ^.p.oo— co'Vj'w'oto — OS*. IB.

CO -3 «C IB- CO

*•— ostowoo c»toCO-1 CO to

jk aVo"o>-3Ot0— O)tO — tOO>)B.

JB.O IB-OCOOo'cOW^JNlVjcji to co o ib. ao— -JWOiB-cO

WW O>0DJOOI® 0D — »

—

CO iB. 00 OI W iB.

OOO-JOOSO

O—__CJI»0D

oooWtoaoOOO OS CJI w —CDtoOO — OI

to ——JOjJVoiODOS — ao(3 01(0

OS-1 wco to as~J.-OD

to—w oi a>

COS*-.MO*.W-l-1

too eo —001 WCO»os as co

CJI 1 — „,_os

J01jo _oi»w'eooio'tooito »1 x eooas co o — 00

OS -J— I eo

Ij'eo eo woo"io— 01 —*©oas os co 01 ^

to—_toooos

'ij'eo'eoos to -IOM —

to —jowaoosaila^e-010 JSloom

to—"eooow*00s eo00— «I

^WjXCO'oo'^ico*to ^ asN> CJI CO

to-

CTOIOO**co asoto — to

*.*£ £JM cc toao worn ^1™i® i^J3 J* I

5".°^°w *o 10 ~i* to — to eo I ® oo".j"ib. — »o "co*.co cow o 00 — otooeo co-JCO O— OS I BCOOGDQOCt) w

— 00 wooseooos wcii ib.

— 00 ib. as -1 01Oos*.aotcos 1—* — -JOoeoiB. —

— OSK*a w<!o'o*.r^«JcOos to w

CO --JW g«— I eo — «u I a j*

to I toj" 3S.o I osos-j £-3*. I COOOI I .

• Deducted from February, "Miscellaneous" 1900 ) eo Q .„ 1Qa nQReceived on account Central Pacific indebtedness S* <5.»40 '

11'* ,v

tDeducted from March, "MiscelHaneous" 189v> ) ,, ,„,„,,,Received on account of Central Pacific Indebtedness fi 1 .7 ** ! 31 * lq

t Includlnn payment of $20,000,000 Treaty obligation with Spain.

To make the figures conform to the Government state,

ment, the amount mentioned in above foot-note should beadded to the Receipts as indicated therein. We have de-ducted this item, as it does not belong to the regular incomeaccount, and if included would disturb the comparison withformer and future years.

Treasury Currency Holdings.—The following compila-tion, based on official Government statements indicates thecurrency holdings of the Treasury on the first of May

}

June, July and August, 1900.

Holdings in Sub-Treasuries— Ifletsroldcoin and bullion. 22?.4fll,9fl2

TREASURY NET HOLDINGS.Marl. '00. June 1. '00. July 1,1900.

Netsllver coin and bullionNet U. S. Treasury notesNet 1 egal-tender notesNet national bank notesNet fractional silver

Cash in Sub-TreasuriesAmount in national banks

8,936.789837,941

12,6"8,5685,309,02fl

6,512,174

218,857.54511,501,624

803,24119,143,0676.512,1896,018,488

220,?57,18516,831,127

779,50326,361,9029,478,8926,608,973

.262,646,440 262,831,054 2-9,615,6«2110,861,902 111,322,418 101,879,620

Aug. 1, '00.

9223,567,37"16,972,562

6S2.06028,099,0668,998,7267,235,871

283,555,66096,584,698

380,140,36880,280,993

2P9,*59,365160,000,000

.146,117,548 145,783,630 166,705,656 149,859,365

• 'Chieflv disbursing officers' balances."

Bonds Held by National Banks.—The following interest-

ing statement furnished by the Comptroller of the Currencyshows the amount of each class of bonds held against nationalbank circulation and to secure public moneys in nationalhank depositories on July 31

Cash In banks* sub-treas..373,4H8.342 374,153,472 881.495,1"2

Deduct current liabilities*.... 77,380,794 78,369,942 76,789.447

296,117,548 296,783.530 305.706.655Gold reserve fund 150,000,000 160,000,000 160,000,000

Available cash balance,.

U. S. Bonds Held July 31, 1900, to Secure-Description of Bonds.

Public Deposits

in Banks.Bank

Circulation.Total Held.

5 p. ots., 1894, due 1904

4 per ots., funded 1907..

4 p. Ots., 1895, due 19253 p. cts.,'98, due 1908-18

Bper ots., funded 1891*.

2 p. ots., 1900 due 1930.

3'65s Dist. Col., 1924...

$4,889,00016,432,700

9,116,900

12.170.2S02.695.0C0

44,423,200

75,000

$1,496,500• 15,426,950

8,715,350

9,159,780

8,227,550

251,922,800

$6,385,50031,859,65017,832,25021,330,06010,922,550

296,346,000

75,000

$89,802,080 $294,948,930 $384,751,010

' Redeemable at option of the United States.

The foregoing does not include the bonds held in the NewYork Sub-Treasury against deposits in banks. There were soheld on July 31 $14,072,600 bonds, making the wholeamount at that date in possession of the Government as se-

curity for deposits $103,874,680.

Changes in Legal Tenders and National Bank Notes toAugust 1.—The Comptroller of the Currency has furnishedas the following, showing the amounts of national bank notesJuly 1, together with the amounts outstanding August 1,

and the increase or decrease during the month; also thechanges in legal tenders held for the redemption of bank notesapto August 1.

Hatxonal Bank Notes—Amount outstanding July 1,1900.Amount issued during JulyAmount retired during July

Amount outstanding Aug. 1, 1900*

Legal Tender Notes—Amount on deposit to redeem national banhnotes July 1, 1900

Amount deposited daring JulyAaat. reissued and bank notes retired in July

Amount on deposit to redeem nationalbank notes Aug. 1, 1900.

S12.254.1501,798,513

$203,6502,079,895

$309,559,719

10,455,637

$320,015,356

$35,444,167

1,876,245

S33.567.922* Jiroiuation of National wold Banks, not included in above, *80,535.

According to the above the amount of legal tenders ondeposit August 1 with the Treasurer of the United States toredeem national bank notes was $33,567,922. The portion ofthis deposit made (1) by banks becoming insolvent, (2) byOanks going into voluntary liquidation, and (3) by banks re-

re mcing or retiring their circulation, was as follows on thefirst of each of the last five months.

Depositsby— Apr. 1.

$1,408,4898,100,574

28,159,775

37,668,838

May 1.

1,327,9148,646,282

29,236,968

June 1.

$1,285,4128,675,997

27,438,363

37,399,772

July 1.

$1,209,1328,430,234

25,804,801

August 1.

Insolv ntbks.Liqald'g bks.aed'o'gund.*act of 1874.

$1,139,1128,292,027

24,136,783

Total.... 39,211,164 35,444,167 33,567,922

•Act of June 20, 1874. and July 12. 1882.

Coinage by United States'5 Mints.—The following state-

ment, kindly furnished us by the Director of the Mint, showsthe coinage at the mints of the United States dm ing Julyand the seven months of 1900.

Denominations.

Double eagles.

.

EaglesHalf eaglesQuarter eagles.

Total gold

DollarsHalf dollarsQuarter dollars. ..

Dimes

Total silver.,

Five-cent nickel..One-cent bronze.

.

Total minor.

Total coinage.

July, 1900.

Pieces.

327,000

327,000

630,0001,484,000820,000

2,508,270

5,442,270

3,660,000

3,660,000

9,429,270

Value.

6,540,000

Seven Months 1900.

Pieces.

2,999,534374,911

1,048,06827,112

Talus.

6,540,000 4,449,625

630,000742,000205,000250,8 27f

13,698,5125,034,8348,547,097

13,158,782

40,439,225

10,458,* 9533,255,664

36,600 43,714,559

1,827,827

36,600

959,990,6803,749,1105,240,340

67,780

69,047,910

13,699,5122,517.4172,136,7741,315,878

19,668,581

522,945332,557

855,502

8.404.427 1 88,603.409 89.571,993

322 THE CHRONICLE. [Vol. LXXI.

New York City Clearing House Banks.—Statement ofoondition for the week ending Aug. 11, based on average ofdaily results. We omit two ciphers (00J in all cases.

BANKS

Bank of N. Y....Manhattan Co...Merchants'Mechanics'AmericaPhenlxCityChemicalMerchants' Ex..OallatinBntch.A Drov's'Mech.A Traders'GreenwichLeather M'f'rs..SeventhState of N. Y....American Exch.CommerceBroadwayMercantilePacificRepublicChathamPeople'sNorth America.

.

HanoverIrvingCitizens'NassauMarket* FultODShoe & Leather.Corn Exchange..ContinentalOrientalImp't'rs'&Trad.ParkEast RiverFourthCentralSecondNinthFirstN.Y.Nat'lExch.BoweryN. Y. County....German Ameri..ChaseFifth Avenue...German Exch...GermaniaLincolnGarfieldFifthBank of Metrop.West SideSeaboardWestern1st Nat., B'klynLibertyN. Y. Prod. Ex..NewAmsterdamAator.Hide & Leather.

Total....

Capital. Surplus. Loans.

$ $ $2,000,0 2,158,8 14,903.02,050,0 2,203,6 19,916,02,000,0 1,206,4 13,284,32,000,0 2,293,0 12,460,01,500,0 3,011,1 21,837,41,000,0 274,0 4,756,0

10,000,0 5,278,6 97,582,0300,0 6,964,0 24,232,0600,0 228,5 4,765.0

1,000,0 1,850,6 8,927,6300,0 89,4 1,076,9400,0 114,8 2.234,0200,0 176,3 947,2600,0 606,6 8,727,6300,0 223,6 3,594,6

1,200,0 536,6 4,395,25,000,0 2,848,6 27,676,0

10,000,0 7,029,3 64,600,61,000,0 1,647,8 6,686,71,000,0 1,232,8 13,191,0422,7 493,9 2,799,2

1,500,0 1,143,2 20,161.5450,0 1,000,7 6,106,2200,0 325,2 2,193,6

1,000,0 659,5 13,006,03,000,0 6,014,1 43,492,3600,0 467,0 4,250,0600,0 420,5 3,095,7500,0 274,8 2,644,9900,0 1,020,0 6,416,7

1,000,0 211,2 3,923,01,400,0 1,840,1 18,980,81,000,0 510,6 4,887,1300,0 406,6 2,002,4

1,500,0 6.150,1 24,803,02,000,0 3,306,2 46,464,0250,0 162,9 1,244,6

3,000.0 2,376,0 23.528,21,000,0 539,9 11,426,0300,0 799,0 8,689,0750,0 162,8 2,311,1500,0 9.117,0 89,289,1300,0 103,0 2,970,2250,0 708,8 3,154,0200,0 375,8 3,083,4750,0 350,1 3,541,6

1,000,0 1,994,6 38,249,0100,0 1,287,0 8,597,3200,0 614,7 2,546,4200,0 802,0 3,077,3300,0 890,1 9,555,9200,0 1,073,5 6,094,6200,0 359,1 2,084,4300,0 963,6 6,631,3200,0 409,1 2,516,0500,0 748,7 11,424,0

2,100,0 1,696,4 36,868,0300,0 528,3 4,001,0500,0 535,8 6,049.4

1,000,0 374,9 8,750,6250,0 411,0 5,022,3350,0 231,8 3,971,0500,0 302,1 2,464,5

74,222,7 91,035,0 808,046,2

Specie.

3,137,06,829,03,269,23,128,04,541,3l,Vi64,0

36,883.04,744,4873,9909,4196,9191,0102,5661,1643,7297,6

3,349,06,662,9941,3

2,544.3164,8

4,295,8674.699,8

2,357,811,678,2

779,9443,4434,6

1,309,61,018,42,611,0948,3189,8

8,319,08,938,0199,7

4,626,13,608,01,746,0681,0

6,732.9559,9350,0765,1598,5

8,662,32,286,5188,6402,1

1,486,51,833,6608,8

1,137,6417,0

1,762,09,723,5657,0

1,510,1491,6363,2753.0421,3

1770298

LegaU. DepositsBe-Sfrve

$ $ P.C.1.410,0 16,601,0 29-12,963,0 26,440,0 37-01,876,3 16,652,8 29-8347,0 12,924,0 26-8

2,120,1 25,290,1 26-3223,0 5,159,0 28-8

5,566,0 122,281,0 3473,261,7 25,391,1 316683.8 5,427,7 26-8908,3 7,295,5 24-962,9 1,006,4 26*6

204,0 2,816,0 17-0180,3 872,9 32-4198,6 8,403,0 25'2370,4 4,446,7 20-5419,9 3,658,7 19-3

2,025,0 21,444,0 25-06,646,9 63,778,1 24-6398,8 6,820.0 23-0

1,464,9 14,059,3 28-5569,9 3,290,6 22-2

1,466,4 22,768,1 26-a947,5 6,253,7 259694,9 2,673,2 25-9

1,068,0 14,250,6 2402,861,1 49,663,2 290693,8 4,773,0 28-7206,9 3,098,8 20*H269,4 3,068,0 23-0647,3 6,923,7 282307,<i 4,583,8 289

2,876,0 22,253,2 24-6549,3 6,910,0 25 '4

291,6 1,920,0 26-01,862,0 28,423,0 35-86,789,0 56,922,0 25-8137,8 1,820,2 26-5

2,090,3 26,388,9 26-41,135,0 15,820,0 300679,0 9,671,0 26-3329,0 2,757,8 348

1,791,4 38,268,1 222307,7 3,159,4 274346,0 3,291,0 21-1382,3 4,030,7 284251,0 3,472,0 24-4

3,986,3 47,090.1 26-8304,4 9,863,8 26-2730,6 3,040,1 30-2550,6 4,406,8 21 -6

1,269,7 10,877,3 251308,6 6,808,9 24-1149.0 2,212,1 297541,9 7,121,4 235355,0 2,921,0 28-.

2,099,0 14,189,0 2722,565,7 45,403,1 270962,0 4,724,0 34-0375,0 6,372,

1

29-5383,3 3.463,4 25-2

1,148,9 5,910,8 25-5281,0 4,227,0 24 479,3 1,771,7 28-2

75,448,6 897,409,4 28-1

Reports of Non Member Banks.—The following is thestatement of condition of the non-member banks for theweek ending Aug. 11, based on averages of the daily result,We omit two ciphers (00) inad cases.

BANKS.(00e omitted.)

Capi-tal.

NBW YORK CITY.Borough ofManhattan,

ColonialColumbiaEleventh Ward. . .

.

Fourteenth Street.GansevoortHamiltonMount MorrisMutual ,

Nineteenth Ward.

.

PlazaRiversideStateTwelfth WardTwenty-third W'd.Union SquareYorkvUleWashington

Borough ofBrooklyn.

BedfordBroadwayBrooklynEighth WardFifth AvenueKings CountyManufact'rs' Nat'l.MechanicsMeoh's' & Traders'Nassau National..National CityNorth SidePeople'sSchermerhornSeventeenth WardSprague National .

.

Twenty-sixth W'd.UnionWallaboutMerchants'

Borough ofBichmond.

Bank of Btaten Isl.

lstNat.,Htaten Isl.Other Cities.

1st Nat., Jer. CityHud. Co. Nat., J.O2d Nat., Jer. City..3d Nat., Jer. City..1st Nat., Hoboken.2d Nat., Hoboken.

Totals Aug. 11..Totals Ang. 4..Totals July 28..

Bur-plus.

I100,0300,0100,0100,0200,0200,0250,0200,o100,0100,0100,0100,0200,0100,0200,0100,0100,0

150,0100,0300,0100,0100,0160,0252,0600,0100,0300,0300,0loooloo.o100,0100,0200,01O0.0100,0100,0100,0

25,0100.0

400,0250,0250,0200,0110,0125,0

Loans AInvest-ments.

Specie.

7362,07862,07262,0

112,1212,7126,658,016,4

109,161,8

134,146,0

162,6126,6199,452,567,1

337,7188.125.0

121,4164,0168,843,363,661,6

492,0406,6203,6693,8592,7120,9130,264,475,1

233,064,968,045,712,3

67,281,2

817,3646,6363,2222,4467,1102,4

846888488.88448.8

Leg. T.JcB'k.Notes.

$1224,81811,01052,71211,8683,1

1398,01758,81258,51194,21845,0958,8

2944,01124,1881,1

2168,41665,3164,4

1100.71364.71326,9302,6664,2728,2

2443,62777,*905,6

3706,02531,0679,7868,1558,3460,91100,3484,361 7. V

643.9429,0

569.1661,6

4623,81947.91261,9961.6

1982,2768,6

69591,269612,669468.6

Clear'g OtherAgent. Bks.Jcc

t19,6

100,063,362,74,9

60,5101,030,915.985,09,8

198,018,647,550,390,53,3

18.29.7

84,615,t31,786,2

298,6193,212,1

220,0142,014,037,016,98,4

104,18,2

26,842,64,8

15,037,4

204.887,668,130,3

118,663,1

Deposit, with

I100,978,061,848,746,590,0

126,9114,2116,4105,065,399,0

165,1114,8218,9122,423,9

89,1114,847,925.423,725,6

198.3186,869,2

330,0274,068.346,128.736,110,033,648,016,648,9

20,520,0

187,077,321,950,222,046,8

2884,6 8843, (5

2813,7|3614,t.2843,0 8832.7

NetUeposiU

S329,7141,0380,0304,025,6

226,0238,1199,6198,8175,063,3

105,0117,890,7

249,6122,380,8

190,i277,8160,442,244,670,3

627,7174,177,8

920,0388.066,949,269,455,3

218,279,064,965,237,9

73,6201,7

657.3256.H129,6138,0157,768,6

8277,38047.18371.9

367,0

70*6

6"i,6

39,41.3

111,093.2

135,7

82,"B

47,7

100,06

84,930,618,2710

107,228,0

161,0887,5131,665,663,78,52,8

27,8113,4

62,0

13(10.081,4

84,"(

189,726.3

New York City, Boston & Philadelphia Banks.—Belowwe furnish a summary of the weekly returns of the ClearingHouse Banks of New York City, Boston and Philadelphia,The New York figures do not include results for the non-member banks.

Banks.

N. ¥.July 21.." 28..

Aug. 4.." 11..Boa.*

July 28..Aug. 4.." 11..

Phlla.*July 28..Aug. 4.." 11..

Capital <t

Surplus. Loans. Specie. Legals. Deposits.* Circ'l'n. Clearing*.

165,257,7165,257,7165,257,7166,267,7

57.651,957,651,967,851,9

35,345,435,845,436,845,4

$797,853,9801,101,7803,697,9808,046,2

184,226,0186,248,0187.666,0

153,690,0153,896,0153,943,0

$1713817174397517668641770298

15,104.014,662,014,804,0

$ $73,243.7:882, 174,0 24,225,775,098,9 887,841,7 25,268,076,179,1 894,482,5 26,645,

7

75,448,6 897,409,4 27,411,8

9,592.09,121,09,110,0

67,599,058.474,058,459,0

203,349,0 5,306,0207.683,0 6,481,0206,722,0 6,545,0

186,988,0 7,651,0188,041,0 7,713,0188,034,0 7,720,0

$785,578,1753,779,5782,061.8-667,786,1

99,482,8109,900,298,749,1

80,397,386,447,870,780,6

* We omit two ciphers in all these Kgures.+ Including for Boston and Philadelphia the item " due to other banks."

Stock Exchange Clearing-House Transactions.—Thesubjoined statement includes the transactions of the Stock

Exchange Clearing-House from Aug. 6 down to and includ-

ing Friday, Aug. 17 ; also the aggregates for January to

July, inclusive, 1900 and 1899.

STOCK EXCHANGE CLEARING HOUSE TRANSACTIONS.i Shares, both sides , . Balances, one side. —

« Sheets

Cleared.

I1486,42134,01389,91517,5710,0

1637,02356,31342,81680,61860,0930,6

3246,01661.21165,22485,61694.5195,7

1277,21653.31406,0296.8617,7780,1

3160,32977,2940,8

4408,02987,01491,4970,7659,6435.2987,0517,26b 9.4737.6419,8

663,8762,4

6068 81723.2964,3916.6

1898,8866.6

1899-January... . 75,000,300

February.. . 50.286,900

March . 52,579,100

April . 48,830,300

May . 4i,720.400

June . 33.654,820

•*uly . 26,422,800

7 mos... .831,194.120

1900-January.... . 32,428,200

February.

.

. 29.851,800

March . 45,846.100

. 47,695,900

May .. 32.294.400June . 26,009,200

July . 22,245.800

total Value. Shares.

f6.413.800,000 10.529,800

4,114.700,000 7,149,200

4.926,700.000 7,668,600

4.487.121,000 6,930,800

4,211,000,000 6,193,500

3,242,100,000 4.6W002,446,500,000 3,942,400

Value Shares.

*

751,100,000

568,100,000

681.2C0.000

618,700,000

537.900.000

436,700,000

386.100,000

Cash. Cleared.

$

6,526.000

5.994,700

7,057,000

6.473,600

7,055,300

3,818,700

2.360,700

8,880

6.860-

8.323

7,720

7.979

7,943

6.633

.831,494.120 28,841,921.000 46,992.500 3,929,600,000 89,2fc6,C00 53.7F&

2,678,900,000

2,320,600,000

3,458.400.000

3,605,900,000

2,558,£ 00,000

1,988,500,000

1,624,'; 00,000

4,455.300

4.111,300

5.842,600

6,318,800

3,920,300

2,963,200

2,775,900

810,800,000

299,100,000

424.400,000

455,200,000

281,100,000

219,400.000

187,600,000

3,480,200

2,886,100

5,205,300

5.255.8C0

3,550.800

2,595,300

2,059.500

8,611

6,908

8.519

7,862

8,414

7,734

7,536

7 mos....285.871,400 18.230.900.000 30,387.400 2,177.800.000 25,032.500 5f.fi84

-Shares, both sides- -Balances, one side.- —, Sheets

Cleared. Total Value. Shares. Value Shares. Cash. Cleared.

1900-Aug. 6..

" 7..

8..

" 9..

" 10..

Total week..

Wk.lasty'r.

Aug. 18" 14" 16" 16" 17

Total week.Wk.lasty'r.

1.022,100

680,500

488.700

440.700

866.400

2,987,400

5,385,100

577,000

627.100

940,300

1,190,500

807,800

4,142,': 00

7.652.eOO

74,900,000

50.C 00,000

37.900.000

81,500,000

88,200,000

222.500,000

477.800.000

50,700.000

53.000.000

68,700,000

86,700,000

69,100,000

316,200,000

662.700.000

148,500

98.700

63.500

62.100

49,400

429,200

814.100

74,400

92.700

188.600

161,000

180,300

687,000

1.066,600

10,500,000

6,900,000

4.5CO.OO0

4,000,000

8,600,000

28,500,000

68,400,000

6,600,000

7,400,000

9.400.000

12.100,000

8,600,000

43,500,000

72,800.000

$

84,200

66,200

43.400

86,200

83,800

a:?825

304

293

874

266,600

449,100

69,700

62,500

82.C00

118.500

01,000

365,200

839.600

1.653

1.711

304

389

346

367

341

1.690

1,82

Auction Sales.—By Messrs. Adrian H. Muller & SonStocks.

225JNat.B'k of the Republio.22538ltUtloa Chenango & Susq.

Valley RR. Co 154**1 Oswego & Syracuse RR..2162 Brooklyn City RR, Co. ..2321 Brooklyn Trust Co 4161 Atlantio Trust Co 20 1 142 Old Dominion Land Co. .1011 Inter. Ocean Teleg. Co..ll7 7

fl

1 Continental Ins.Co.,N.Y.5591 Portland Gas Co 13

126 Ceotral Min'g Co.$2 70 per eh.

100 South. & Atl. Teleg. Co.. 10070 Nassau Fire Insurance

Co. Of Brooklyn 152%

16 Nat.City Bank of B'klyn.2658 Continental Nat. Bank.. 145

10 Morton Trust Co 447 7810 Bank of N. Y.. N. B. A...2C0

Bonds.$2,000 Chateaugay Ore &Iron Co. bonds. 1915. J&J. 30

$1,000 Chic.Rj-.& Term.Elev.lstfis, s. f.. 1913, M&N.... 67«»

$1,010 Amer. Thread Co. 1st4s. 1919, J&J 85

$l.C00 Haverstraw Light &Fuel Gas Co. gen. 5s, 1949,J&D 96

Sp< Trask & Co.,

2*

encerBANKERS,

&. 29 PINE STREET, .... NEW YORKTransact a general banking business, act as Fiscal

Agents for corporations, and negotiate security

issues of railroads and other companies! Executecommission orders and deal In

INVESTMENT SECURITIES.Members N. 7. Stook Hxohange Branch Office, 67 State St., Albany

4634,3 68396.44296,8 07630,.4 128,3167917.4

GEORGB BABOLAT MOFFAT. ALHXANDKR M. WHITB, Jl

Moffat & WhiteBANKERS,

Members New Tork Stock Hzehange,

No. 1 NASSAU STREET, ... NEW YORE.INVESTMENT SECURITIES.

August 18 1900.] THE CHRONICLE. 323

%nrikzxs* ^nzzftz^D I V 1PENPS

Name of Company.

Railroads (Steam).Can adian Pacific, com

•< " prefChic. Burling. & Qnincy (quar.),

Ft. Wayne & Jaokson. pretGrandTrunk, 1st prefMexican Northern (quar.)

» " (extra)

North Pennsylvania (quar.)

Rio Grande Western, comStreet Railways.

Philadelphia Co , Pitts., pref....ffIl»celIaueoa«.

Amerioan CoalAmerican Linseed, pref. (quar.)

Amerioan Window Glass, prefBarney & Smith Car, pf. (quar.)Cons'd Lake Superior, pf. (qu.).

Diamond Match (quar.)General Chemical, com (quar.).Kings Co. Electric L. & P. (qu).Laclede Gas-Light.comMllw. & Chic Breweries, pref...Mt. Vernon-Woodtoerry Got. D..National Biscuit, com. (quar.)..

" pref. (quar.)..National Lead, pref. (quar.)N. Y. A Hoboken Ferry (quar.).Park Steel, pref. (quar.)St. Joseph (Mo.) Gas

PerOenl

2h21^2%1%1»4

25

2%

4lh3is21%2ia1

1^22211%1%11%1^

WhenPayable

Oct. 1

Oct. 1

Sept 15Sept. 1

Sept. 1

Sept. 1

Aug. 25Sept. 1

Sept 1

Sept 1Sept 15Sept ...

Sept 1Sept 1

5

Sept 12Sept. 1Sept. 1Sept 15Sept 1*Sept. 10Oct. 15Aug. 31Sept 15Sept. 1Sept 1Sept 19

Books closed.(Days inclusive.)

Sept 8 toSept. 1 toAug. 21 toAug. 19 to

Oct. 1

Oct. 1Aug. 27Sept. 2

Holders of rec.Holders of rec.Aug. 16 toAug. 21 to

Aug. 18Aug. 18Aug. 19

Holders of rec. Aug. 25

Aug. 23Aug. 26

toto

Sept. 2Sept. 16

Aug. 19 toHolders of rec.Sept. 3 toAug. 21 toAug. 23 toAug. 21 to

Sept. 2Aug. 31Sept. 12Sept. 3Aug. 31Sept. 15

Holders of rec.Oct. 6 toAug. 22Aug. 24Aug. 22Aug. 21Aug. 19

tototototo

Aug. 31Oct. 15Aug. 31Sept 16Sept. 2Aug. 31Sept. 19

WALL STREET, FRIDAY. AUG. 17. 1900.-5 P. M.The Honey Market and Financial Situation.—Operations

in Wall Street have been on a somewhat broader scale thanfor some time past. During the early part of the week theprevailing tendency was towards enlargement of volumeand higher prices for stocks, but as the public is still out ofthe market this tendency could not long continue, and areaction is now in progress.There has been very little change in the conditions that

have a direct effect upon local financial affairs, but if abroader view is taken, including C bin a, South Africa andthe financial situation in Europe, the outlook is moreencouraging.Gold exports have been heavy again thi* week, made

chiefly by the syndicate that received subscriptions to theBritish war loan, and presumably on that account. Theamount shipped on Wednesday was over $S,000,«>00, reportedto be the largest shipment ever made in one day from thisport, and for the week the amount is $8,744,388.An illustration of the abundant supply of funds in the

local money market is seen in the fact that notwithstandingthe export of $17,383,906 of gold during the last two weeks,the market is undisturbed and rates have not advanced.The open market rates for call loans on the Stock Exchange

during the week on stock and bond collaterals have rangedfrom 1 to 2 per cent. To-day's rates on call were il^to\% per cent. Prime commercial paper 4 to 5 per cent.The Bank of England weekly statement oh Thursday

showed an increase in bullion of £430,384 and the percentage of reserve to liabilities was 36-50, against 36-10 last week;the discount rate remains unchanged at 4 per cent. TheBank of France shows an increase of 1,700,000 francs ingold and a decrease of 5,975,000 francs in silver.The New York City Clearing-House banks, in their state-

ment of Aug. 11 showed a decrease in the reserve held of$287,200 and a surplus over the required reserve of$28,125,950, against 829,144,875 the previous week.

CapitalSurplusLoans <fedisc'nts.Circulation.Net deposits8peoleLegal tenders

Reserve heldLegal reserve

1900.Aug. 11.

74,222,70091,035.000

808.046,20027,411,300

897,409,400177.029,80075,448,500

252,478,300

Differen'sfr'mPrev. week.

InoIno.Inc.Ino,Deo,

Deo224,352,350 Ino

4,348,300765,600

2,926,900443,400730,600

287,200731,725

1899.Aug. 12.

58,922,70077,382.600

746,685,30013,902,700

849,918,500171,963,60054,911.400

226,875,000212,479,625

1898.Aug. 13.

69,022,70075,292,300

659,411,20014,231,100

760,754,600166,224,40057,076,100

223,300,500190,188,650

Surplus reserve 28.12!>,95olDeo.l,018,925 11,3^5,375 33,111.850Wotb.—Returns of separate hanks appear on pa«e 322.Foreign Exchange.—The market for foreign exchange was

easy during the early part of the week on the liberal offer-ing of bills drawn against gold shipments, but has becomenrmer m tone towards the close.To-day's actual rates of exchange were as follows: Bank-

ers sixty days' sterling, 4 84@4 84^; demand, 4 87J£@4 87%;l^QQ-f;

3' i @4 88^ ; Prime commercial, sixty days, 4 83^@

4 8.I4; documentary commercial, sixty days, 4 83^@4 641^;

i»?Mi5or Payment >

4 84@4 84^; cotton for payment, 4 83^« ^1 cotton for acceptance, 4 83U@4 83%.'.

^Posted rates of leading bankers follow:

August 17.

pS «n£ker8 '

ft?rUn« DlU8 0n London,rrime commercial

Documentary commercial""'"Paris bankers' (francs) .

Amsterdam (guilders) bankers"yrunkfortor Bremen (reichmarksl b'k'ers

* Less i te.

Sixty days.

4 854 83i4<3>4 83%4 8314-84 84*45 18V®18ie40 ®40i ie94is®949,fl

Demand.

4 88^

5 16 14®15V40!4*»40&ia9516® 953 ,»

The following were the rates of domestic exchange onNew York at the under-mentioned cities to-day: Savannah,buying 1-16 discount, selling 1-16 premium; Charleston,buying par, selling ^ premium; New Orleans, bank, $1 00premium; commercial, 25c. discount; Chicago, par; St.

Louis, 50c. per $1,000 premium; San Francisco, 10c. per$100 premium.

United States Bonds.—Sales of Government bonds at theBoard include $2,500 3s, coup., at 109 to 109^; $11,000 4s,

coup., 1907, at 115^ to 116; $1,000 4s, reg , 1907, at 115^and $5,000 5s, coup., at 113J^. The following are thedaily closing quotations; for yearly range see seventh pagefollowing.

2s, 30-year, ref'd'gtZSf ............ ->r6g.

38,1918 reg.3s, 1918 coup.3s, 1918, small. reg.3s, 1918, small.. c'p.

4s, 1907 reg.4s, 1907 eoup.48,1925 reg.48,1925 ooup.5s, 1904 reg.5s, 1904 ooup.

InterestPeriods.

-Moh.-Feb.-Feb.-Feb.-Feb.-Jan.-Jan.-Feb.-Feb.-Feb.-Feb.

Aug.11

Aug.13.

*103i4 *103i4*100 *100*1083t *1083»*108%*108%

*108i**114ifi*ll4ifl*132

I

*132-1128a*112Bg

'108%*114ifl*114ifl*132*132*1125e11314

Aug. Aug. Aug.14. 15. 16.

*104 *104i4 *104i4*100 *100 -100109 -10914 *109i4*109 *109i4 IO914

*ib*9" *ib*9ii •10914*115 *115kj 115k!115k) 116 -115k)'132kt *132% *132ki'132 »s -132% *132k)"113 *113i4 *113k!*113 *113i4 *113ki

Aug.17.

>104~>10O'109109

-109"115115k*132kt

*132kl113113

* This is the price bid at the morning board ; no sale was made.t Prices are quotations in "Unlisted Dep't" for bonds "when issued."

Coins.—Following are the current quotations in gold forcoins and bullion :

Fine Silver bars.. — 6116® — 62klFive francs — 95 @— 96kiMexican dollars.. — 48*4® — 49J*Peruvian sols — 44 @ — 46English silver $4 84 ®$4 88U. S. trade dollars — 60 -® — 70

Sovereigns $4 87 ®$4 89Napoleons 3 86 @ 3 89XXReichmarks. 4 75 @ 4 8025 Pesetas 4 78 @ 4 83Span. Doubloons.15 50 ®15 60Mex. Doubloons.15 50 ®15 60Fine gold bars... par ^^prem.

State and Railroad Bonds.—Sales of State bonds at theBoard are limited to $1,000 Tennessee settlement 3s at 94,

$5,000 Virginia 6s deferred trust receipts at Q% and $1,000Louisiana consol. 4s at 108.

Interest at the Stock Exchange has centered largely inthe. shares department, and the market for railway bondshas been almost as dull and neglected as for some timepast, the daily transactions averaging only about $750,000par value.There were a few strong features, including St. Louis

Southwestern issues, the 2ds of which advanced 2 points,Wabash debenture series B, which advanced 13^ points,Reading, Norfolk & Western 4s, Colorado & Southern 4s andAtchison adjustment 4s, the last-named having advancednearly 2 points. The active list was generally steady tofirm and includes, besides the above-mentioned specialfeatures, Baltimore & Ohio, St. Louis & Iron Mountain,Union Pacific and Wisconsin Central bonds.

Stock and Bond Sales.—The following shows the volumeof business in stocks and bonds on the New York Stock Ex-change for the past week and since Jan. 1

:

Sales at ^-Weekend. Aug. 17.—. , Jan. 1 to Aug. 17.—-»

N. Y. Stock Exch. 1900. 1899. 1900. 1899.Government bonds $19 600 $18,200 $5,373 710 $7,280,020Statebonds 7.000 1,581,900 1,687,800RR. and miso. bonds.... 4 2)9,010 14,615,000 815,76 5,800 623,143,600

Total $4.235,?i00Stocks—No. shares 1,256,961

Par value $123,143,500Bank shares, par value.

$14,633,2003,109,668

$296,749,700

$322,719,410 $632,111,42074,752 906 116,723,037

$7,184,081,963 $11,301,537,700$75,660 $817,050

We add the following reoord of the daily transactions:Week ending

Aug. 17, 1900. Shares.Saturday. 63,902Monday 193,169Tuesday 238.034Wednesday 339,852Thursday 214.170Friday 147,832

Stocks.Par value.

$6,038,20018.685,45029,607,16033,407,45020.960,75014,474,500

Railroad, die.

Bonds.$521,^00503.000701.000929,500861.500689,500

StateBonds.

$5,000

1,0001,000

U.S.Bonds.

$5 000aooo8.0003,0001,600

Total. 1,259.931 $123,143,500 $4,209,000 $7,090 $10,500

The sales on the Boston and Philadelphia Exchanges were:-Boston.-

Listed Unlistedshares, shares.

Saturday 1,187 1,899Monday 8,076 3.441Tuesday 12,447 3,863Wednesday 19,5"5 4 204Thursday 9,786 4,175Friday 11,064 2,887

Total 62,135 20,269

Bondsales.$2,00011.00016,70029.^525.00028,500

112.785

-Philadelphia,Listed Unlisted Bond

shares.3,8682,9217,3817,2374 1944,797

shares.6.1629.17S69978,3788.60S2.969

41,187 30,398 1.647,276

sales.$33,400141,000832,600546,676308,000235,600

Railroad and Miscellaneous Stocks.—There has beenconsiderable more activity in the stock market this weekthan for several weeks past, although the trading seemed tobe largely professional in character, and the larger volumaof business was accompanied by a liberal advance in prices.The upward movement was led by the anthracite coal stocks,and averaged about 2 points. Central of New Jersey repre-sented the maximum in a gain of 53^ points, and Lacka-wanna followed with a gain of A.% points, while St. Paul& North West, advanced %% arm 3 points respectively.Naturally this development led to liberal profit-taking andthe reaction that followed leaves net changes somewhatsmaller than the above.The miscellaneous list contains some erratic features.

Consolidated Gas fluctuated over a range of nearly 6 points.

United States Rubber advanced over 3 points and PullmanCompany 3 points. The iron and steel stocks and tobaccoshares were strong. American Sugar Refining steady andUnited States Leather unusually active.

324 THE CHRONICLK-STOOK PKIOES (2 pages) Page 1. [vol. LXXI

New York Stock Exchange—A Daily, Weekly and Yearly Record,

STO0K8-HI0HEST AND LOWEST SALE PRI0E8.

Saturday,Aug. 11

IB40%8770%74%181%57%67%104•87

18432770%74%81 HSI*7018088

•48% SO• 108*139 129W87% »7%186% 126^

•»*•• y

*

ISO 125io% 11%8St»es%•BOW30%50111% 111%170 171%163% 183%1198% 199%106% 106%115% 115%180 1759% 1133 3457% 58

1105 10530 3064 88

8569348354

Monday,Avg. 13

15•40%8770%74%80%57%68109•87%48%

184387%71%75*81%58%70120

50103)4

139% 130879< 27%126% 127*

97125118569342351

1201133%6930%21151111%113170 171%164 166

106% 107%118 115•160 17510 11SOX 88%58% 58%

103 108•30 SO64 68

Tuesday,Aug. 14.

1540%27%70%73%

a*6710989%49

•8% 6%•41% 42%16 17

•118% 113%176 L7818% 19•68% 67%•18% 16%3% 4%12 12•10% 11•82 33•15% 17%42% 4580 84

53 153

•33% 3562% 63117% 117%18% 19*43 45

'15% ' 16%

184328%71%75%81%69%7118089%50103%

130 180%37% 27%126% 137%

96%120 136{11% 11%83% 84%89 70•30% 3481 33•52 55112% 114%171% 171%164% 165%199% 300%101% 103%•118 116%160 18010% 10%32% 32%56% 58%

103 10725 30•64 68

WednesdayAug. 15.

164328%71%

x71%x79%58%6710990%49%

184339%7872%

721809149%103%

13f%135%27% 28%137% 128%

96%12511%8570342255

»8% 6%41% 42%•16 17111% 113179% 182%•18% 1967138%1210%3?•15%42%80

67%154%

11%325417%4584

•158 153

6%•4216%

§11318018%6813%•3%

*12•10%32%15%•42*80

6%42%16%

11818219%6815%4%

11%32%17%4584

1251188%•88%33%2258114% 115171 171164% 164%800 201108 108%115 115160 180m 10%32% 8358% 59

105 11025 SO64 68

Thursday,Aug. 16.

184428%71%7879%59%711309150%103%

138% 13587% 88%

137 188%

16*iV*387171%79%5867%10990%49%

• ••«*)• ••*

96%130 18510% 11%88% 84%70 7131% 81%•22 8353 55114% 115%171 178%163% 163%301107% 108%114 118175 1858% 10%30% 8259 60

•106 110

6%41%

e%43

16 17118% 114%180% 181%19% 19*

153 153

•••••

t

415%28%95

6571%9(%

• •••••2%•14%•27%93

•2096071%90%

•153% 15530 80%•78% 8111% 123% 8%

10566% 58%941858%•9%8051%•88

•185

94%20611031%51%39

189189% 129%•11% 11%70 7930 34

189" i 85310 81531% 21%8474%51%171%

347651%71%

58 5885 9063% 64188% 129

3L28%

:5*

88555080%

7*2258558'

•33% 8582 63%117% 117%19 1942 42•14% 16%•15% 16%

<2%14%27%932096071%90%

4

16%30%85

6572%91%

154% 155129% 89%79123%

•10556%94%18589%305138•185

19

183%

56%94%306110%31

89189

129% 130%•11% 11%•70 7939 84

133 185810 81581% 81%33% 3475 7551% 5871% 71%

53% 53%85 9062% 64128% 189'1%5

8355•5080%

37%23%686980%

•33% 34%162% 63%117% 118%18% 18%140 4*•14% 16%15% 16%

•2%14%2998

2096071%91%

415%29*95

6572%92

155% 156

128%

10566%1951858

123%

56%95205810316339

3051%*381188% 186%130 130%11% H%70 7930 34

68%13%•3%

•1810%33%17•42%80

68%15%4%

11%34%174584

153% 153%

33% 34%62% 62%117% 11818% 18%40 4514% 16%15% 16%

8364

SO68

'*'e%'"e%42* 43%16 17112 114180 18019% 19%6813%•3%131133%1642%80

Friday,Aug. 17.

184538%717878%59%71%11790%50%103%

133% 1S527% 27%136% 137%

18•42%»7%70%71%79%57%67%10589%49%

• • • • t •

96%180 12510% 10%83* 84%69 78%30% 81%33 83%58 55118% 114%1178 173162% 1635l«W% 199%106% 10'«%114 11817510133%591062564

1851033%59%1083068

6815%4%

"ii%8417%4584

152% 153

34% 34%62% 62%

1118 118

2%14%29%922098072%91%15630

x7912%*m

1055694%16579%30%51%38

•185130•11%7030

415%SO95

6572%93157*307913%3*

"58%94%806010%31%52%38

189130%11%7934

188 135808 81431% 31%34 84%76 7861% 52%71% 71%

53% 5485 9063% 63%i2s% m%•1% 315 7%

3381%555080

5853*81

133 135208 81431% 82%84% 34%75 7653 62%71% 71%

63 63%189% 129%

2583555481

87%23*585481%

194014%

530•8%14%39%92'209607191%

6% 6;

42 43116 16113% 113%{179 17919%87%133%1210%33%•15%•43%80

8TOCK8.N. Y. STOCK EXOH.

19%6''%154%

1210%38%174584

152 154

Railroad Stocks.Ann Arbor...............

Do pre*.Atoh. Topeka A Santa Fe.

Do pref.Balt.AOhlo.vottr.certfs.

Do pref.Brooklyn Bapld Transit. .

.

Buffalo Booh. A PittsburgDo pref.

CCanadian Paolflo. ........'anada Southern...

Capital TraotlonCentral of New Jersey . . .

.

Chesapeake A Ohio...Chicago BurL A Qulncy . .

.

Chicago Coniol. Traction.Chicago * Bait. Illlnoli- .

.

Do pref.Chicago Great Western. .

.

Do 4 p.o. debentures.Do 6 p.o. pref. "A"..Do 4 p.o. pref. "B"..

Chic. Indlanap. A LouUt..Do pref.

Chloago Milw. A St Paul.

.

Do pref.Chloago A North Western.

Do pref.Chloago Book III. A Pao.

.

Chlo. St P. Minn. A Om..

.

Do pref.Chlo. Terminal Transfer.

.

Do pref.Olev. Cln. Chlo. * St. L. . .

.

Do pref.CleT. Lorain A Wheeling.

.

Do pref.Colorado Mid., to t. tr. otfs.

Do pref. Tot tr. otf

t

Colorado A Southern ,

Do 1st pref. doDo 2d pref. do

Delaware A Hudsonel. Lack. A Western. .

.

Denrer A Bio Grande. < . .

.

Do pref.Des Moines A Ft Dodge.

.

Dul. So. Shore A AtlDo pref.

Erie.Do 1st pref.Do 3d pref.

Bvansv. A Terre Haute .

.

Do pref

.

FtW.A Den. C, stampedt.Worth A Rio Grande.

Great Northern, pref. . .

.

r'nB.AW.,deb ofs. "A"

Salesof theWeek.Shares

194616%

13354

1589%95

"e's

72*92%

155% 155%30 3178%512* 13%8% 3%

55%1951757U0%30%51%•381185% 185%130% 13111% 11%•70 7980 34

55%95806010%31%52*39

310 31531% 31%34% 34%75 7651% 53%71% 71%

53% 63%85 9062% 64139% 130%*i% a•6 7%

• • • *ta5381%

5581%

34% 34%6<i% 62*116% 117*19 1942 4814% 16%15% 16*

2%14%28*•93309•6071%91%155807912

4158095

"65*

78%98155%318113

3% 3%

65%941757•9%3160%•37%185130U«7030

55*943060103151%39189130%ii*7936

Deb. ctfs. "B".TTooKing Valley.

DoIllinois Central,

c

pref.

-owa Central..Do pref

•138 135•310 81521% 21%84 34%75 7651% 51%71 71%

54•8564

1891%683%56•5480

559084139%

87%83586080%

Kanawha A Mlohlgan..an. O. P. A Gulf, tr.reo.

Kan. City Southern (w. 1.)

Do pref. (w. L)Keokuk A Des Moines

Do pref.

Lake Brie A Western. . .

.

Do . pref.Lake Sh. A Mloh. SoutbLong Island...Louisville A Nashville...

.

Manhattan HleT.,oonsoletropolitan Street. . .

.

Met West Side Bl. (Chlo.)Do pref

Mexican Central.Mexican Nat'l tr. reots..Mlohlgan CentralMinneapolis A St Louis. .

.

Do Sd pref.Minn. St. P. A 8. 8. Marie.

Do pref.Mo. Kansas A Texas

Do pref.Missouri PaolfloMobileA Ohio.....MorrlsA Bssex

NT. Central A Hudson..Y.Ohio. A St. Louis...Do 1st pref.Do 3d pref.

New York A Harlem ......

N Y. Lack. A Western....N. Y. New Haven A HartN. Y. Ontario A Western.

.

NorfolkA WesternDo pref.

Nor. Pao. By., vot tr. otfs.

Do pref.Or.BB.AN.Oo.TOttr.ofs

.

Do pref., Tot tr. otfs.

Paolflo Coast Oo.Do 1st pref.

Do 3d prefPennsylvaniaPeoria Decatur A Bvansv.Peoria A EasternPere Marquette

Do pref

.

Plttsb. Cln. Ohio. A St L.

.

Do pref.

32075,63159,68047,3fc03,669

98,611

5803,170

12.6016,905

87,eoo

2001,37585065010030016

74,747366

4,736970

29,085300

500710

3,876280

Range for year 1900.

On basisof too-sh're lots

Lowest. Highest.

810100147

3.7356,7881,8501,100

3001*0

1,520100

16%Mar 840*J'ly 8418%Jan 858*Jan 1155%Jan 872%Jan 949 J'ne 2558 Feb 3793 Jan 1885%J'ne 3547%Feb 8791%Feb 26115 Jan 684 J'ne 85119%Jan 1037 Apr 85

Jan 31Jan 17J'ne 18J'ne 19Aug 7J'ne 23

_ Jan 1545%Jan 34108%J'ne 85169%Jan 18150%J'ne 35195%May 9103 J'ne 85113 May 12173 Feb 8

9 Jan 930%J'ne 3555 J'ne 19103%J'ne 1

14%Jan 1046 Jan9 Jan

31 Jan5%Jan _38%May 1514%Jan

881801081693014

685

450860

8,530843135

650

7,81583,9104,734150265486850

"sb'o320

"l8820

1,05021,785

110 J'ne 86174 Jan 1116%Jan 1064%J'ne 1812 J'ne 204 J'ne 12

13 J'ly 510%J'ne3131%Jan 915%Jan 10«0%Jan 584 J'ly 1814%Apr 415 J'ne i

l44%J'ne 8253%Mar 75*J'ne 26S0*Jan 1058 Jan 8

110 J'ne 25ll%Jan 1248 Aug 1310 Jan 27%Jan 31

110 J'ly 8035 J'ly 73%May 34

15 Feb 220%Mar 1683%Feb 2

1197 Jan 347%J an 470*Aug 1

84 J'ne 25144%May 1434%Jan 3976 Feb 37

8

447,733400

6,6007,317426

33,8153,230

10%Jan2%J'ne 25

1104 Jan 3245%J'ne 1887*J'nel815 Jan 250 Feb 59%Au« 4

88%J'ne 2538%Jan 1135 J'ne 25!183%Janl9135%J'ne 8511 J'ne 8075 J'ne 8939 J'ne 20

1400 May 161130 Jan 18I310%j'ne20

I 8%J'ne 2022%J an 1067 Jan 848 J'ne 3369%J'ne 85

1,160

60037,871

100

300

18 Mar 8648 Apr 329%Apr 374%Apr 889%Apr 1990 Apr 1680*Apr 1070%Mar 29

115 Apr 3699%Feb 1858%Apr 793 Feb 36135%Aug 1533%Apr 9133%Apr 839%Jan 15109 Mar 37135 Aug 1515%Apr 889 Feb 178%Apr 843 Mar 3189 Apr 1663%Apr 4136% Apr 4174%Mar 21167%May 32301 Aug 15114%Mar 28123%Jan 31175 Mar 313%Apr 8739%Apr 3766%Mar 30lll%Mar 2928 Apr 2772 Apr 1912%May 329%Mar 217%Mar 2247%Mar 2720%Mar 21119*Mar28186 Feb 2024%Mar 2676%Mar 2619 Mar 266%Mar 517%Mar 51 4%Mar 2743%Apr 423%Apr 454%Mar 1594%Apr 1915%May 2219 Apr 3174%Jan 858 Mar 298 Mar 2741%Apr 2167%ADr 6

120%J'ly 2320%J'ly 3058 Mar 3018 May 42!*Mar 3717%Apr 1943%Apr 33%May 2417%Mar 2734%Apr 9100 Apr 2212*May 2889 May 587%Apr101 Feb 14183 Feb IS37%Apr 582*Feb 1414%Apr 185 Mar 17

1113 Feb 369%Mar 3897%Apr 537 Apr 3469 Apr 3418%Mar 2840%Apr 1761*Apr 1648%Apr 2Sl89*May 4

139%Apr 414%Mar 2985 Jan 3140%Mar 29

§420 J'ly 135135 Mar 101215%Jan 828%Mar 2840%Apr 1881 Apr 8863%Apr 476%Mar 28

3008941

46 May 1283 May 1157 May 10

185 J'ne 27l%Aug 105 J'ne 19

20 Jan 2955%Jan 3150 Aug 1478 J'ne 85

Range for previ-

ous year (1899).

Lowest. Highest.

14 Apr36 May17 Maj50%Jan43%J'ne67%J'ne61 Deo30%Mar69 May84%Mar46%Dec85 Feb97 Jan83%May114%Deo35 Dec59%Jan

112%Jan10%Dec83 Dec50%Jan88 J'ne7%Jan

31 Jan113 Deo165 Deo141%Jan188 Jan100 Deo91 Feb

170 Jan7%Jan31%Dec43%Jan94 May9 J'ly37%J'ne5 Oot

15%J'ly4%8ep

35 Dec12* Deo106%Jan157 Jan15%Deo63 Deo13%Deo3 Apr7%Jan10 Deo87%Deo15%Deo36 Mar70 Jan14 Aug14 Febl42%Jon49%Jan6 May

82 J'ly53%Decl05%Deo10%Mar40 Deo7%Jan

55 Aug 1787*Jan 466%Jan 2142%Apr 5

4 May 1

9%Mar 2689%Mar 2768 Mar 3180*Jan 294 Jan 8

19%Oot«8%Oot

68%Auf61%Apr§5%Not137 Apt59 Not

103 Dm99%May70 Jan94 Not186%Not31%Deo149%Feb68%Apr100%8ep132%Sep30%Jan103%AU|85%Aug44%8ep19 Not52*Not136%Sep179 Sep173 Sep210%8ep132%Jan126%Sep186 Sep25%Mar56%Mar64%Not10b Dee16%Jan49%DeOll%Deo87 Sep8%Jan53*Mar35 Mar135%Apr194*Oot35%Apr80 Apr83%Jan8 Not17%Not16VJan43 Jan22%J%n46%Not98*Sep35 JanSO Mar

195 Mar6l%Jan9%Oot87%8ep36%Sep1V3 Jan15%Aug62%Aug15 Mar

3 May15 Mar14%J'na60 Jan196%Jan45 Dec63 Mar85%Deo

147 Deo13%Aug44%May6 Jan1 Jan

110 Oot35%Jan73%Jan8%Jan

39 Feb9%Deo88%Deo83 Deo38 Jan176 Jan120 Deoll*Deo65 Mar89 Deo

1360 Jan189%Jan1198 Jan18%Jan17%Mar61%Jan42%Jan68 Deo88 J'ne68%J'ne88 May

58$J'fy188%Jan

1 Jan4 May

43 May80 Feb

•bAug

34 Dee85 Deo308 Jan85 Apr88%Oot133%A»r269 Mar29%N0T83 Not17%Apr6%Sep

116 Jan78 Aug99%Not37%May78 Mayl4%Jan45%Aug52*Aprb2 Aug

1187 Not144%Mar19% Jan85 Oot41 Jan

1390 MarJ138%Mh1222 Apr28%Mar88%Au«74%Aug57%AU«8l%Jan63 Jan77%Sep54 Not90 Fob68%N0T148 JM

7 %NOT7%N0T

88 Jaa100 Aag

Bid and asked prices i mo sales were made on this day. I Less than 100 shares.

OUT8IDE 8ECURITIE8 (Given at foot op 7 consecutive ?A.Qm).SlREET RAILWAYS, <*c.

Street Railway.NBW YORK CITY.

teeok St A Put F—Stook

.

1st mort 4s 1950. . .JAJ'way A ^th Ave—Stock

.

lstmor 5s 1904...JADSdmor 5s 191 4....JAJCon 5s 1 943—Set Stock

B'waySur 1st 5s gu. 1934Id oslnt as rental. 1905

neutral Crosstown—Stock1st M 8s 1933 MAN

Cen Pk m % B RlT—StockOonso) " 1908 JAD

Bid. Ask.

38 36100 108383 3401108 105110 118Hxohl 1st{114 1171103 105%855{185 130193 800106 107

Street K-atlwaya.Chrlst'p'rAlOth 8t-StookColA 9th Ave 5§-See StookDry D B B A Bat—Stock

1st gold 5s 1938...JADScrip 5s 1914 F&A

KlKhth Avenue—Stook. .

.

Sorip6i 191442d A Or St Fer—8took..

.

43d St Man A St N Ave.

.

1st mort 6s 1910..MAS3d Inoome 6s 1915.JAJ

Lex AvA Pav F 5i-Ses StkNinth Avenue—Stook.

Bid. Ask.

175 185Bxcb 1 1st130 136

1115 11899 101393 400105 109398 40865 75113 11898% 101

Hioh 1 ist

196 80S

Street Railways.Seoond Avenue—Stook

1st mort 5s 1908. .MANConsol. 5s, 1848. ..KAA

Sixth Avenue—StookSou Boulev 5s 1945. .JAJSo Fer 1st 5s 1818. .AAOThird Avenue—Set StookTarry W PAM 5s. 1888Yonkers St RB 5s

28th A 29th Sts 1 st 5s. .'96

Twenty-Third St—Stock.Deb 5s 1906 JAJ

Union By 1st 5s '48.FAA

Bid. Ask.

197 202{107 1091117% lie806 225{111 115(108Bxcb list.

108 110105 107{118 114400 410105 108118 115

Street Railways.Westohest 1st 5s '43..JAJ

BROOKLYN.Atlan. Ave.,5i 1809.AAOCon 5s g 1981 AAOImpt 5»—See Stock Bxc

B. B. AW.B. 5s 1933 AAOBrooklyn Olty—StockCons 5t—Set Stock Exo

BklynCrosstn5sl9o8 JAJBklnHgtslsl 5s 1941 A A'a'kynQ Co.A Sub—Set St

Bid

#111

{107114%

h list.

110*888hange105103

ck Bx.

As*114

108116%

103%833list

• ••

107list.

august 18. 1900.] THE CHRONICLE -STOCK PRICES (2 pages) Page 2. 325

STOCKS—HIGHEST AND LOWEST SALE PRIOEB.

Saturday,Aug. 11.

48

16* 16*50 5988 98

63906*

4314* 15*9* 1088 70S3* 34*10 1127 8788* 38*10* 11158* 58*14 15109 111B5 ....*45 ....

Monday,Aug. 13.

16* 1768* 59*88* 88*

« 68BO

7 748 4315 159* 9*

•68 69•18* 34*11 H*87* 27*33* 3410* 1152 58*14* 1**

•109 1138545OoTI • » • • « >

Tuesday,Aug. 14

WednesdayAug. 15.

17 1759* 59*23* 88*

63907 7*

48 4316* 168* 1086 6934* 31*12 1227* 83*38* 31*H* 11*52* 52*15 15109*119*35 ...45 ...

59* 69*76 76•6* 717* 18*•8* 94B« 4883* 83*114* 14*•38 89*

125 128•15* 1681 6838* 33*88* 90*35 38*•156 15934* 84*68 88•10* 11*54* 56•421

4*22*

•25* IZ*88 88•18* 18*§66* 65*33* 84•73* 74*185 186•116 11790 95•*2* 33*78 7983* 95*

44 44

• •*>•• • • i

•35 35*•195 13018* 15170 170*85* 38*77* 78

59* 6076 76*7 7*18* 18**8* 947 4723* 23*13 14*38 89*

18416163

1281663

17 17*5H* 60*28* 29•59* 83

907

1315

7431159* 1067 6934* 3512 12*28* 2933* 33*11* U*53* 52*15 15

109 110•35 ....45 ....

Thursday, Friday,Aug. 16. Aug. 17.

•16% 17*59* 60*189* 29*B8* 63*

742

907*43*

33* 8488* 90*25 88*

§156 157>33* 34*505 6511* 11*55 55*4* 5

34 3536* 86*88* 88*19 19*66 6734 84*74* 74*124* 126116 11790 9523* 98*78 7995 96*

128 18345 45*170 179

7 7

35* 38*135 13014* 15

168 169*88 96*78* 78*90 91

50* 60*76* 78*«7* 7*18* 18*19* 9*48* 48*23* 33*13 18*38* 38*

•184 12818* 18*63 63*34 8488* 90*36 38

156 15733* 34*68 6911* 11*55 554* 4*84* 9536* 37*88* 89*19* 20*67 67*34* 35*75 75123* 125117 11790* 9493* 36*78 79*95* 98130 13046 48*167 178

S3* 84•65* 66*

138* 133*53* 5498 101103•33* 33«5 6698* 99*4 5

33* 34*68* 66*76* 78*

•138 ...,

54 51*99 101103 ....

82* 3335 8699 9015* 6*

15* 15*9* 1068 6984* 84*12* 19*23 28*33* 33*11* 11*52* 52*15* 15*

109 11125 ....45 ....53* ....

60* 60*76* 76*7* 7*18* 19*8* 9

46 4823* 24*

114 14•88* 39*

1125 12518 16*183* 63*84 3484* 90*25* 28*156 15734* 34*66 69U* "«55* 55*•4* 534 9537* 87*88* 89*90* 90*67 67*35* 3675* 76*193* 124*116 116*•90* 9426* 27*79 79*94* 05*

120 13146* 47*

16* 1759* 59*28* 28*65 65

• 007

•43743*

STOCKS.N. T. STOCK EXOH

15* 16*•9* 0*

•66 8934 34*12 1227* 28*32* 33*11* 11>452* 52*'14* 15110 112254558*

59* 60*76* 76*7* 7*18* 18*J9* 9*

148 4824* 25*•14 14*37* 38*

124 12816 16*69 6434* 34*•83* 90*25 28*

1156 158*34* 34*66 68U* 11*54* 564* 4*24* 94*37* 37*89 89*20 20*67* 67*34* 35*75* 75*123* 125*116 117

26* 2778* 79*04 05123 13346 46*

•167 .,.,7 ...

86 36*'195 13014* 14*167* 170*96 26*79 79

35* 35*•125 130

15 15*170* 171*26 28*79 79

84 35*86* 67*

134 13554* 54*

103103•22* 23*65* 65*88* 28*•4 5

•78 75•98 100•18 1630* 31•85 88*15* 1783 9034* 3584 8546* 46*91 91*33 35134 14016* 15*'6 731 31*09* 99*40* 40*71 73186* 188*10* 10*58 68•61* 69*•10* 90•85 66•5 5*70* 70*16 1610* 1984 65*•45 47•10* 10*•88* 69*98* 88*•98* 05T37 188•70* 80

74* 74*98 100•10 1431 3185 8916* 1789* 9025 23*83* 85*46* 4791* 91*38 35128 13715* 15*6 731 81*09* 00*40* 40*71* 71*188 18810* 1153 53*•61* 62*10* 30185* 66*•5 5*70* 79•16 1610* 19•64 65*145* 45*10* 10*160* 69*28* 3004 04*

•128 13080 80*

•74•981231188

35* 35*66* 67*76* 76*134* 135*54* 54*

1101 101•104 ....

23 2365* 8688* 28*•4 6

7510015

8816* 17*90 0026 37*85* 85*46* 47*91* 0833 85138 18715* 15*6 7•30* 82X08 98*40* 4171* 78*

1188 18810* 11*53* 53*61* 62*10* 3065* 6615 571* 72*15 1610* 1184 65*•45 4710* 11*68* 6029* 30•98 04

•122 13081 81*

•74 7509 99*10 1531* 31*85 8618* 18*

193 032785470233

130

35* 35*

15* 15*173* 174*26 26*78* 78*

59* 5i*76 76*6* 7*IB* 18*S* 9

146 4633* 24*14* 14*88 39

1125* 19615* 16*81 64534* 84*•88* 00*25* 28*1150* 158*34* 34*66 6810* 10*

156 564* 4*

24 2436* 3888* 89*19* 19*67 6734 34*75 75123* 124*1117* 117*88* 0325* 96*7b 70*93* 04*

•198 13345* 48

167 1747* 7*

•••**• ••••flf

35 35*117* 120*15* 15*17a* 174*25* 9878* 78*

Reading, Toting tr. otfi.

.

lit pref., rot.tr otfi.

2d pref., Toting tr otfi.

.

Rio Grande WesternDo pref.

St. J.* a. III. rot.tr. oU.Do lit pref.

Do 9d pref.

St. L. * 8. Fr., TOt. tr. otf

i

Do 1st pref.Do 2d pref.

St. Loan Southwestern...Do pref.

Southern Paolflo OoSouthern, TOtlng tr. otfi.

.

Do pref., Tot. tr. otfi

.

Texas ft Paolflohlrd ATenue (N. Y.)...

Toledo ft Ohio Central....Do pref.

Twin City Rapid Transit.

.

Do pref.

..pref.

Salesof theWeek.Shares

Union Paolflo RyDo

WabaihDo pref.

Wheeling ft L. H., new . .

.

Do lit pref.

Do 2d pref.Wiioon. Central, new

Do pref.

flUcellan'e Stocks.Adami Hxpreii

merioan Car ft FoundryDo pref.

^merioan Cotton OilDo pref.

Amerioan Dlitrlot Tel ....

Amerloan HxpreiiAmerioan loe

Do pref.Amerioan Llnieed

Do pref.Amerioan Malting

Do pref.Amer. Smelting ft Refining

Do pref.Amerioan Steel Hoop

Do pref.Amer. Steel ft Wire (new)

Do pref.Amerioan Sugar Refining.

Do pref.Amerioan Teleg. ft Cable.

.

Amerioan Tin PlateDo pref.

Amerioan Tobaooo..Do pref.

Anaoonda Copper

34* 35*66* 67*

138 13654 54*100*100*10222* 22*66 8tf

98* 98*4 6

7590123187

7599*1631*87

27*85*47*02*33

137•15* 15*•6 730* 3203*100*40* 41•71 78187* 18811* 19*53* 54•61* 63*•10* 20{66 66*•5* 5*71* 72*•15 16U* 12*65* 65*•45 4711 11*68% 6029* 30*•93 05199 13081* 81*

33* 34*66* 66*

136 13651* 5397* 98*103 ...,

•23 33*68 66*98* 98*4 5

18* 18*00* 00*96* 27186* 86*46* 47*02* 92*33 S3

130 18715* 15*6 732 33*98* 09*40* 40*79* 79*187* 187*11* 1253* 53*61* 69*19* 19*66* 66*5* 5*70* 71*15 1611* 11*

•61 68*145* 46*11 11*68* 68*30 81*05 05

194 13081 81

74* 75•97 100•10 1430* 31187* 87*17 18•91 0328* 2784* 85*46* 46*99* 924•30 85

•128•15•6

•89

Brooklyn Union Gas . . .

.

runiw. DookftG.Imp'tColorado Coal ft I. Dey't

olorado Fuel ft Iron. .

.

Do prefCol. ft Hook. Coal * Iron.Consolidated Gas (N. Y.).

.

Continental TobaoooDo pref.

Detroit City Oai ,

Brie Telegraph ftTelepo.L'ederal SteelA" Do pref.Gas ft Eleo. of Bergen Co.General Bleotrio ,,,

Gluoose Sugar Refining. .

,

Do pref.H. B.ClafllnOoInternational Paper-.

Do ,»ref.International Power ...

International on ver ,.,,,,Knickerbocker loe (Chlo.)

Do prefLaclede Gas (St. Louis)

Do pref.Manhattan Beach Co ...

,

VTatlonal Blsoult.pref.

pref.

pref

18718733*

08* 98*40 40*•72 73188 18810* 11*53 58•61* 82*•10 21{68* 68*5* 5*69* 7115 16•11 19*165 88*•45 4710* 11168* 68*80* 3198* 98*

•123 128881* 81*

DoNational Lead..,.

DoNational Steel ...

DoNational Tube Co

Do prefNewCent.Coal (new itook)N.Y. Air Brake....,North Amerioan OoOntario SllTer

Paolflo MalleopTiGas-L.ftC.(Chlb.j

Pressed Steel CarDo pref.

Pullman Company

1,53521,8901,270240

Republic Iron ft Steel.

.

Do prefSllTer Bullion Certlf

loss-Sheffield S. 4 I ...,Do pref

Standard Rope ft Twine.Tenn. Coal Iron ft RR .. .

.

Texas Paolflo Land Trust.Union Bag ft Paper .

.

Do pref.United Statei Hxpreii...United Statei Leather. . .

.

Do pref.United Statei Rubber

Do pref.Weill, Fargo ft Oo

est. Union Telegraph

515506887228

6256,3650.535

23,2102,0008,755400128

62,81510,1551,9105,1801,300300

3,067540100

Range for year 1900.On basisof loo-sh're lots

Lowest. Highest

18 J'neao40 Jan26 Jan43*Jan 2780 Jan 165 May 2438*May 26ll*J'ne268*J'ne 25

66 J'ly 1231*J'ne 238*J'ne3021*J'ne2330*J'ne 1810*J'ne3549*J'ne 2513*J'ne2545*Mar 2

21*Apr 466*Apr 535*Ai r 665 Aug 1703 Mar 227 Aug 649*Jan 218* Feb 512 Mar 3172*Mar 3030 Mar 3013*Mar 2634*Apr 1643 Mar 2715* Mar 2761*Mar 2781 Apr 17135*Jan 8

61*J'ly138 Jan44*Jan 1070*J'ne 236*Mar 16

17 J'ne258 J'ne 18

46*J'ly 1321*J'ne 1813 J'ne 2737 J'ly 3

30,8854,481300

1,4601,950195

45072550040

68*Jan 24142 Apr 1260*Apr 4

78*M>r 4

9*Apr 2724*Apr 2711* Mar 2658*Apr 233*Mar 2620*Mar 8157 Apr 2

Range for pre-vious year (1899)

152 111 Jan 21,773 12*Jan 15410 57*J'ne25710 30 J'ne 25

...... 00 Jan 8180 24*Jan 4204 SI 42 Mar 6

1,500 27*J'ne2610 60*J'ne 10

1,235 9*J'ne 23730 40*J'ne 25

2,015 3 J'ne 122,484 l8*J'ne 273,000 34*J'ne 181,850 85 J'ne 258,245 17 J'ne 254,170 68 J'ne 25

29,100 28*J'ne253,665 60*J'ne25

72,077 05*Mar 3170 107 Mar 2

(00 J'ly 2320,180 18 J'ne 251,255 70*J'ne 85

23,415 84*J'ne35210 128 May 17

7,480 37*J*ne 85500 140 Jan 2300 6*J'ne 25

l*May 74,830 29*J'ne 18

20 120 J'ne 81,030 ll*J'ne23

22,745 *167*A'g 147,950 21*May 212,654 70 May 12400 00 Auk 18

101 Jan 325*J'ne 2560*J'ne 2664 May 17

307275

621

414

1204498108

745100

2,480140

6,5601,7417,6002,574

13,7805,041800

9,600

5,04511,2801,5101,0201,1604,8511,785

100593185

10,905• • • • e •

1.57019580

19,3841,475

13,39052085

8,878

Jan 10May 15Jan 2

. J'ne 2514*Mar 658 Mar 824 J'ne 308*Aug 3

24 J'ne 2952*J'ly 2165 May 1096 Jan 116*Jan SO

23 J'ne 2170*J'ne 1815*Aug 1183 A tie 1120 J'ne 2379*J'ne 2840*J'ne 2586*May 1483 Aug 15115 May 113*Jan 286*J'ly 725*J'ne 1102 Mar39*Aug 371*Aua 13

176 J'ne 258*J'ne 25

40 Aug 159*Jan 1610*J'ne 2650*J'ne 254*Mar 6

82 J'ne 2613*J'ne 1010 J'ne 1856*May

145 Mar 127*J'ne 25

65 J'ne 2521 J'ly 600 Feb 27

190 J'ne l

77*J'ne 22

Lowest. Highest

15*Deo42*Deo23* Dei35*Jan86 Jan3*J'ne88*May

J'ne8*Deo

64 May28*Deo6*Jan

17 Jan27 May10 May40*Jan12*Deo

117* Dec20 Jan35 Jan38 Jan118 Jan38*J'ne68*Deo6* Dee

19 May7*Dec

45 Deo21*Deo13*May45 Deo

25 Jan:88*Apr88*Mar44 Not90*Not7*Dee55 Jan18 Octl4*Feb75*Jan44*Jan18*Aug40*Aug44*Not14*Oot58*Not25*Mar

243 Feb20 Apr45 Det73 Apr

141 Feb5l*Deo84*Jan8*Jan85*Apr13 Aug64 Jan32*Sep21 Not59 Aug

5130 Apr18 , Feb67*Apr37*Apr

100 Apr33*Jan 22150 May 249*Apr 478*Feb S16* Feb 660 Feb 67*Jan 231*Jan 243*Feb 603 Mar 2450*Feb 686 Feb50*Apr05 Feb137*Jan118 J'ly .

198*Jan 13S6*Feb 784*Aprlll*Feb 14140 Feb 1554*Apr 8

175 May SI16*Jan 252*Apr 10

51*Apr 2131*Jan 1721 Apr 2100 Jan 338 Jan 880*Jan 308*J'ne 14123*Feb 2357*Feb 677*Feb 681 J'ly 17140*Apr 1058*Feb 5l0l*Feb 1ll5*Jan 1125*Jan S70*Feb 630*J'ly 1410*Jan 2640 Feb IS66 Feb 880 Jan

100 Jan18*May40*Feb06 Feb28*Feb

106*Feb 2053*Feb 607 Feb 654*Apr 502*Apr 437 Apr 30

150 J'ne 715*Mar 26

Feb 247*Jan 2111*Apr 258*Jan 1788*Jan 17189*Jan 1027*Feb 670*Feb 660*Mar 822*J'ne 1568*Aug 1810*Jan 3104 Feb 216*J'ly 1125 Feb 777* Feb 2

1 49* Mar SI19 Jan 377 Jan 344 Jan 21

104*Jan 3U20*Feb 888*Jan 5

1108 Janl0*Dec51 Deo30 Deo88*Jan30 Oct133 J'ne31 Deo72* Deo8*J'ne

44*J'ne6*Deo

24 Deo80 Deo77*Deo24 May70 May32 Deo84 Deo114*Deo110 Jan194 Deo20 Deo74 Deot78*Deo121 Deo31*Deo180 Deo9*Mayl*Jan30*Feb88 Jan6*Feb

163 J'ne30 Deo71 Deo63 Jan02*Jan30*Deo87 Deo

95*Jan37 Deo95 Deo07 Jan17 Deo62*Deo

1110 Feb21*May68*Sep46 Not07*Oot52*Mar5160*Au41*Sep85 Sep16*Not81 Deo37*Jan87*Jan50 Apr04*Apr48*Not86*Sep72 Mar106*Mar182 Mar123 Mar105 Apr52*Apr99*Feb229*Apr160 Mar70 Apr160 Mar30*Aug5*Apr64 Sep130 Dea21*8ep223*Mar65*Apr103*Aug101 Aug120*Oot75 Apr03*Apr* •• I IPs •

•

132 Not76*Mar110 Jan117*J'ly68*Jan05 Jan

Deo30 Deo70 Not51 Mar05*J'ly5 Jan

31 Deo80 Deo22*Deo103*Deo31* Deo85 May

36 Oct110 Deo6*Jan6 Mar

35 Deo90*Deo44*J'ne75 Deo158 Jan16*Deo60*Deo58*Deo

36 Feb63*Feb84 Feb85 Deo102*MaySO Apr62 Jan

107*Jan40*Jan115 Jan63 Apree*Aug

42 Jan230 J'ly17*Not10*Apr55 Jan20*Apr

181 Aug01 Sep07*Oot233*8ep79 Aug65 Apr

6*Sep36 Jan11 Not17*Deo71 Deo

{45 Deo5*J'ne64*Deo37*Deo00*Deo120 Deo82 Deo

15*Not126 Sep15*Jan45 Mar80 Mar60 Jan40*NOT84*N0T57 Apr131 J'ly135*BW89*Jan

• Bid and asked prloest no sales on this day. ILeuthan 100 ihares. tKzlOOp. o. itookdlT. tExrlghts.

OUT8IDE SECURITIES (Given at foot of 7 consecutive pages).—81REST RAILWAYS, t#(J.

. Street Railway.Ooney Island ft Brooklyn.

lit 5s 1008 JftJSi oertfi lndbtl908.JftJB'kC.ftNew5i'39.JftJ

8r.St.4New lst5s'06AftOft'p't ft Lorimer St. 1st 6s.Kings Co. Hlevated.—

lit 4s 1949ttaiiauHleo pref

6s 1944 AftOlit 411948 JftJ

tT«wWmb'gftFUitex.4*sP»t>lnwaylit8sl929. ..J&J

Bid. Ask.

325109* 103100114 117105105

81 8275 80110 11485 88

Street Railway.

OTHER C1TIHS.Buffalo Street Ry—Stook.lit oomol 5s 1931. Fft

A

Deb 6s 1932 MftNChicago City RR—Stook..Indianapolis Street Ry....Cleveland City Ry. .......Cleve Olty-lst 5s '09. JftJCleveland Hleotrio Ry. ...

Con 5s 1913 MftSColumbus (O) 8t RyPreferred

Bid. Ask.

100H16*110824724*

100102*871089783

111350

10110488107*2985

Street Railway.Col St Ry—Con 5s.—Sm PCrosst'wn—1st 5s.......

J C Hob ft Paterson......4l g Not 1 1949..M&N

Kansas City HI 8sGuar Is 1922 JftJ

Lake St (Chio)Hlev-8tookdeb 5s 1998 JftJ

LoulsT St Ry—5 p o bond!Common.Preferred

LynnftBoi-lst 5s '94.JftDMlnneap BtBy-5i 'lO.JftJ

{113t!08*

Ask.

list.

1780

10*94119*79110

110

Street Railway.New Orleans City RyPreferred....

North Chicago—Stook....1st 5s 1908-18 JftJ

North Jersey St.—Stook.Bond!

Pat Ry oon 6s 1981 .J&DGen 6s 1914 AftO

FrOT APawt'Ok-lltSi '33

toohester Ry ••••••Oon 5s 1030 aftO3d5i 1033 ,.J*D

i Barer pays acoruedl

Bid.

2096*190107*9381115105

i IP*15

5107*80Inter

Ask.8298

80010994*83*

II*s •• ••

85•it.

326 THE CHRONICLE.—BOND PRICES (5 pages) Page 1. [Vol. LXXi,

BOND8R.Y.8TOOK EXCHANGEWbbk Ehdmo Aug. 17

Alabama Cent. Se*8oRy.labama Mid lstgug. 1928

Albany A Sua. SwDiH.Allegheny VaL See Perm CoAm Dock A I. See Cen of N JAnn Arbor lstg 4s 1995Atoh T A 8 Fe gen g 4s. . 1 996

Registered 1995Adjustment g 4s 1995Registered 1995

Equip tr serA g 5s. . ..1902Chlo A St Loo 1st 6s. .1916

AtlantaA Char. See Son Ry.Atl Knox A No 1st g 5s. 1 946AtlanA Danv See South RyAtlan A Yad. See Sonth RyAustin A NW. 8ee. 80 Pao.

Bat Creek A S. See Mich Cenalt A O prior 1 g 8*s.l 925Registered

"'

Sold 4s 1948Registered 1948

Southw Dlv lstg 8*11.1925Registered 1926

PJun&MDiv Istg3*sl925Registered

MononRlv Istgug5s.l9ieCen Ohio Rlstcgi*s 1930WVaAPlstg4s 1990

Beech Creek. SeeNYCAHBel A Car. See Illinois Cent.Boonev Bridge. SmMKATBwayA7thAv. 8m Met 8 RyBklyn A Montauk. See L Isl.

Brans A West. See Bay FAWBuffNYABrle. SeoBrle.BuffRAPgengSs. 1987

Debenture 6s 1947ClAMah 1st gug5s... 1943Rooh A Pitts lstg 6s.. 1921Consol lst6 1922

BuffA Southwest. See Brie.BuffASusq 1st gold 5s.. 1913Registered 1913

BurCRANlst5s 1906Con 1st A col trg 5s.... 1934Registered 1934OBIF4NW lstg 5S.1921MAStL 1st gug7s.... 1927

Canada South 1st 5s.. .19082d 6s 1918Registered 1913

Oarb A Shawn. See 111 Cen.Oar Cent. See Seab A Roan.Carthage A Ad. SeeNYC&H.ORIaFAW. SeeBCR&N.Cen Branch D P 1st g 4s.l948Central Ohio. See Bait A OOenRR A B of Oa—Col g 6s'37OentofOaRy—lstg 5s. 1945

Registered 1945Consol gold 5s 1945Registered 1945

1st pref income g 5s . .1945Id pref Income g 5s. . .19458d pref Income g 5s ... 1945MANDlvlstgos 1946Mid Ga A Atl Dlv 5s. . . 1 947Mobile DIt 1st g 5s.. ..1946

Oentof N J-lstoons 7s. 1902General gold 6s, 1987Registered 1987

Convertible deb 6s. . ..1908Am Dook A Imp Co 5S.1921Lei Hud Rgen gug5s.'20Leh A WBC6s 1912Con extguar 4*s. ..1910

Cent Paclflo See 80 Pao CoCharles A Say 1st g 7s. .. 1 936Ones A Ohio—G6s ser A ,,,,1908Gold 6s 19111st cong 5s . 1939Registered 1939

Gen gold 4*s. 1992Registered 1992

Craig Valley lstg 6s.. 1940RAA Dlv 1st oon g 4s 19892doong4s 1989

Warm Spr Val 1st g 5s 1941Ells Lex A B 8 gu g 5s. 1 902

Ohio A Alton sink fd 6s..l908Lou A Mo R1t 1st 7s . .19002d7s 1900

Miss RlT B 1st sfg 6S..1912Ohio Bar AQ—Con 7 1903Sinking fund 6s 1901Chlo A Iowa DIt 6s. . . . 1 906Deny DIt 4s 1922Illinois Dlv a 3Hi ...1949Registered 1949

Iowa DIt sink fd 5s . . .19194s 1919

Rebruska Bxten 4s. . . .1927Registered 1927

Southwestern DIt 4s.. 1921Convertible 5s 1903Debenture 5s. 1913Han A St Jos oon 6s... 1911

OhloA Bill, lstsf our 6s.l907Small 1907

lstoong6s 1984Gen oon 1st 5s. 1937Registered 1937

Ohio A Ind O Ry 1st 5s 1936Ohloago A Brie. Sm Brie.Oh In A Louis—Refg 6s. 1 947Refunding g 5s 1947LoulsvN A AChlatBs.'lO

M-N

A-ONovtNovtJ-JM-8

J-D

-J-J

A-OtA-OtJ-JJ -JM-N-Ft

M-8A-0

M-8J-JJ -JF-AJ-D

A-OA-OJ-DA-OA-OA-OJ-DJ -Jm-sM-8

J-D

M-NF-A*F-A+M-NM-NOot*Oct.*Oct.*J-JJ-JJ-JM-NJ-JQ-JtM-NJ-JJ-JM-NQ-MI

J-J

A-01A-OTM-NM-NM-8M-8J-JJ-JJ.JM-8M-SM-NF-AM-NA-O

J-JA-OF-AF-AJ-JJ-JA-OA-OM-NM-NM-8M-8M-NM-8J-DJ-DA-OM-NM-NJ -J

J-JJ-JJ-J

PrteeFriday.Aug. 17.

Bid. Aik

91 91*4100% Bale

85* Sale••see* ••*••

• •••»« Milt117*

108

94 Bale

100 Sale

"86H Sale

86 86*••ease •*••<

• • 1 » • t •

112*

1B7124* 127

'101*

108* 108116

117•113*

106*103

87 90

90117

92Sale

92* Sale

43* 45*11* 18*

a94

•100

798

•121* 122121*

114*

101* Sale

116 118117* .....

1169?11799* Pale96* 97*

106*100

108106

101*

110 110*102*109101* ....

109* Sale

116106*110*111*

• 102*126109*•122114

133 137*116 115*

116lOw

119

114106

Feefc'fRange orLast Sale.

Low. High

108 J'ne'00

91* 91*100* 10199* May'0084* 86*79* Deo '99

• • •••

106 Apr '00

94 94*

100 100*100* J'ne'0086* 86*

86* Aug'00• • • t * » « • «

111 May'00111 J'ne'99

113* 113*

103 Apr '97189 J'ly '00

124 J'ne'00

100 Not'99

107 107*117 Aug'00116 May'00105 Jan.'99

106* Ang'00108* J'ly '00104 Apr'00

90 90

92* J'ly '00117 117

9297*4511*J*95102105107*121*

ISO112*

92*Oot'99

4512

J'ly '00Dec '99

J'ne'99May'00May'00122

Aug'00J'ly '00J'ly '00

100 Apr'00101 101*

116*117*117*11799*96100106*98101*103106*102*106«

J'ne'00J'ly '00

117*J'ne'00

99*May'00J'ly "0010B*

J'ly '00Apr'99Aug'00J'ly '00

J'ne'OOFeb '99

110*Aug*00108 103104* Apr'00102* J'ne'OO102* 102*

115* J'ly '00106* J'ly '00111 111HI* J'ne'99108 Jan.'00

Aug'00Aug'00J'ly '00114

126110122114

184 J'ne'OO115* 115*116 May'00110 Aug'00

113 114109 Aug'00116 Aug'00

1

487

206

56

169

"74

19

1

42

67

36

23

1

"38

• •••

• • •

IIM

"e

Bang*tinceJan. 1.

Low. High

109* 106

90 94*98* 10899 100*78* 86*

>•••• MMt

105* ioe

92* 97*

97* 109*100 10186* 91*

86 01• * • • • s * s » • t

111 119

109 114*

199 131184 124*

* • • • • • • •

108 109115 117*115 115•••••a •••••

105 108*106 109*104 104

87* 90*

91117 120

88* 96

106 106107* 111*117* 125116 122*130 130119*115*

100 103100* 101*

115 117*116*119*115* 191*117 11795* 100*93 96

100 100101 10693 99*

. - • •••••100* 103106 106*101*102*

109*118*101 103104* 104*100* 102*100* 105*

115*117108 107108* 118

109 102120* 139108*119119 199119 116

133* 188118 117115 115105*112

111*117100 107113 116*

BOND8.N. Y.STOCKEXCHANGEWbbk Ehdihg Aug. 17.

Chlo Milwaukee A 8t Paul-MAStP-lst7sfgRD.'02

1st 7s*goldRD.... 1902lstCAM7s 1903

Chlo MU A St P oon 7s. 1 90 5Terminal gold 5s 1914Gen gold 4s series A. . . 1989Registered 1989

Gen gold 3*s series B. 1 989Registered 1989

Chlo A L Su DIt g 5s. .1981Chlo A Mo RlT DIt 5s. 1926Chic A Pao DIt 6s 1910Chic A PW 1st g 5s. . . 1921DakAGtSogSs 1916Far A Sou assu g 6s. . . . 19941st HastAD DIt 7s.. .1910

5s. 1910lstIADBxten7s 19081stLa CrosseAD 5s. .1919Mineral Point DIt 5S..19101st So Minn DIt 6s.... 19101st Southwest Dlv 6s.. 1 909WlsAMinnDlvg 5s. .1921MllANolstML6s...l910

1st consoles 1913ChloAN'west—Con 7s.. 1915Gold 7s 1902Registered 1902

Extension 4s. . . .1886-1926Registered ... .1888-1096

Gen Gold 3*s 1987Registered 1987

Sinking fund 6s. 1879-1929Registered .... 1879-1 929

Sinking fund 5s.. 1879-1 929Registered .... 1879-1 929

25-year debenture 6s..1909Registered 1909

80-year debenture 5s.. 1 921Registered 1921

Sinking fund deb 5s.. .1933Registered 1933

Des Mo A Minn 1st 7s. 1907EscanAL8uplst6s..l901Iowa Midland 1st 8s...1900MU A Mad 1st 6s 1905North Illinois 1st 5s. .. 1 91Ott C F A St P 1st 5s . .1909WinonaA St Pet 2d 7s 1907MUL8AWlstg6s...l921BxtAImpsfg5s...l929Mich Dlv 1st gold 6s 1924Ashland Dlv lstg 6s 1925Convertible deb 5s. .1907Incomes 1911

Chic Rock Isl A Pao—6S.1917Registered 1917

General gold 4s 1988Registered 1988

DesMAFtDlst4s...l905lst2*s 1905Extension 4s 1905

KeokADesM 1st 5s. .1923Small 1923

Chlo A StL See Atoh T A 8 FeChic 8t LA NO. See 111 Cent.Chlo St LA Pitts. See Pa Co.ChlcStPMAOoon6s..l930Ch StP A Min 1st 6s..1918Nor Wisconsin 1st. 6s.. 1930StPASCltylstg8s..l919

Chlo Ter Transfer g 4s. .1947ChAWestIlstsfg6s..l919Generalgold 6s. 1932

Chlo AWest Mich Ry 5s. 1921Coupons off. 1991

Choc OklaAG gen g 5s. 191

9

ClnH ADoonsf 7s 19059dgold4*s. 1937ClnDAIistgug ~

CIStLAC. SssCCCAStLtgug5s...l941

CinSAC. SwCCCAStL.Clearfield AMah. Bee BRAP.ClAkACeqA2dg6s...l930C C C A St L—Geng4 1993Cairo DIt 1st gold 4s. 1939GlnWAMDiTlstg4s.l991BtLDiTlstooltrg4s.l990Registered 1990

Spr ACol DIt lstg 4s. 1940W W Val DiT 1st g 4s. 1940C I St L A cons 6s. .1920lstg4s 1936Registered 1986

Cln S A 01 oon 1st g 6S.1928C C A 1 consol 7s ...1914Consols f 7s 1914Gen oonsol gold 8s . . 198

1

Registered 1984CABlst M O OO A I7S.1901O bid AW lit pf 5s.. .1988Peo A East 1st eon 4s. 1940Income 4s.. ,,,,,., ...1990

Cl Lor A Wh oon 1st 5s. 1983Clev A Marietta. 8m Pa RR.Clev A Mahon Val g 5s.. 1988

Registered 1938Clev A Pitts. 8m Penn Co.Col Mldl'd—lstg 8-4s... 1947lstg 4s 1947

Col A Sou 1st g 4s 19890olA9thAT. 8m MetStKy.Oolum A GreenT. See So Ky.Col A H Val. Sm Hock Val.Ool Oonn A Term. 8m NAWConn A Pas RIts 1st g 4s. '43

DakAGtBo. SseCMAStP.alias A Waco. See M KAT.

f

J-JJ-JJ-JJ-JJ-JJ-JI

JlJl

J-JIJ-JJ-JJ-JJ-JJ -JJ-JJ -JJ-JJ-JJ-JJ-JJ-JJ-JJ-JJ-DJ-D-F-D

J-DF-AF-AM-NQ-NA-OA-OA-OA-OM-NM-NA-OA-OM-NM-NF-AJ-JA-OM-8M-8M-8M-NM-NF-AJ-JM-8F-AM-NJ-JJ-JJ-JJ-JJ-JJ -JJ-JA-OA-O

J-DM-NJ-JA-OJ-JM-N

£3J-J (7.

A-OJ-JM-N

F-A

J-DJ-JJ-JM-NM-NM-8J-JM-NQ-Ffc

IfcJ-DJ-DJ -J1 -iA-O

i-.Jo

i-'o

J -JQu-J

J- JJ-JF-A

A-O

PrieeFriday,Aug. 17.

Bid. A$k.

167167167167Ill*ue* 110*

'117190118119114*

124HO ....167116*now117*117117*191117*

•117189

110

107

107

• « •• • e *

•••*<

114

120*

lie*•108•108•113•118112122*186 138181*139 ......137*105*100128 130*

106* 107"* • 1 • • t

9687*

• • » • «

90

110111

183130*

140130*18192* 92*

106117

116*

114

98* Sale9696* Sale

•102 103

90

104*

114 Sale185 136*

131

85 87*97 39

•109

184

74* 75• 74* 7682 88*

WetkRange orLast Sale.

Low. High.

166* J'ly '00179* Apr'00170* J'ne'OO187* Aug'00118* Aug'00no* no*105* Feb'98

117*Jan.'00190 J'ly '00117 J'ly '00119 Aug'00114* Apr'00137* J'ly '99124* 124*109* Aug'00186* J'ly '00119 Apr'00111* Feb '00118 118116* J'ly '00120 May'00

May'00Aug'00Aug'00Aug'00Aug'00May'00Mar'00

109* Aug'00103 Not'98118 May'00115* May'00109 J'ne'OO105* Mar' 99107* J'ly '00

106 Deo '99117 J'ne'OO117* Feb'98119 J'ly '00119*Deo'98

120120140109109110107

108*103112*112*111*122*135*124187*139*1C6112129128*106*1079686*98*112

Feb '00

Nov'99Apr'00Apr'00Apr'00J'ly '00May'00Aug'00137*

Apr'00Aug 00Nov'99129

J'ly '00107

Apr'00May'00Aug'00May'99

112

138* J'ly '00132 May'00140 May'00130* 130*94* 93106 Oot.'99118* Aug'00100 Oot-9999* J'ne'99

103 Jan-'OO120 Aug'99103* Oot.'97114 Apr'00

98* 98*97 J'ne'9998* 98*

103 1C399 May'99hiih ••••••83 Nov'99

105* Apr'00

114 114136* Aug'00

128* J'ly '00

108* Feb''09

87* 87*88 98109* J'ly '00

180 May'00

7674*88

7574*83*

No.

• t e

20

811

12

1

15

86

81

Jan. I.

Low. High

166* 169178*179*166*1722168 178*119*115*1109 118

•«••«• Mini117* 117*190 188117 180V118 188110* 114)s194*109168117*111*117*116*117118190140106*

iolll107105*

ins178

I190180183144119*113111*107now

117 119*118* 117107 110

t • s *s ••••••107 109*

lie* no116*188

I • •• • iMIII

108* 108*

118*113*113*118*110 111*120 182*135* 189*122* 197*137* 137*139* 188*105 106

138 184127 182*103* 108*105*10796 9688* 86*

107 114

131 186*183 185140 140127 183*93* 97*

null118 130

ill sillM108 108

ssi * • * * t

113* 114

I I III IIMM

04 se*

98 9f*100* 104*

••••I «*»tll

106 105*

114 115*185* 186

138* i'37"

a* as106 109*

138 180

68 79*71* 8088 87

• No prloe Friday; latest bid and asked this week. tBondsdue July. tDue Nov. IDueJune. IDueJan. tUueMay. aOptlonsale*. DDueAug. cDue April. dDaeOes,

OUTSIDE 8ECURITIE8 (Given at foot op 7 consecutive pages).—GAS SECURITIES, Ac.

<<r»»i ttullwnye.So Side El (Chlo)—StookSyraouseRap.Tr., 6s, 1946Union Trao (Ohio) Com.

.

PreferredUnited Rys (St L Transit)Preferred4s

On'd TrAEleo(ProT)-8fkWestChloago at..

Oon ft 5s 1936 MANWorcester (Mass)Tr-ComPreferred

Bid. Ask.

98 98*1 94* 9618* 1850 61*30 9166 6984* 86

109 in99 99*108* 10880 81*106

(Jai Hecurttlea.

NKW YORK.Cent Onion Gas— 1st 6sCon Gas (NT)—Stook—

N

Deb 5s 1908 MANBqult Gas-Con. 5s 1989 MAS

Mutual GasN. Amsterdam Gas

—

1st oonsol 6sNY Blee Lt Ht A Pow—N.Gold 6s—See N. V. Stk.

Bid. Ask

{106Y Stk88*

{118

}105*Y.Stk.Bxoh.

108Bxoh90

lie

106BxohList.

Gas 8ecurltles.

N Y A Bast River Gas1st 5s 1944 JAJConsol 6s 1945 JAJ

Nor On 1st 5s 1997. .MANStandard Gas—Common.Preferred1st 5s 1930 MANOTHBR CITIES.

Baltimore Consolldat—8eBay State Gas—Boston OnltedGas Bonds-Buffalo City Gas—Stook.

1st 6s Bonds

Bid. Ask.

Mil 119105 107109 104190 196140 146 <

1116 118

i Bait. LI*1 1H

-Bosto nLl*4 4*

1 04 65

Hum Hecurttlrsj.

'nioauo Gas—See N Y Sto'inolunatl Gas A CokeX>1 Gas L A Heat—Com.

.

Preferred1st 5s 1939 JAJ

C -nsolid Gas (N J)—Stok1st 5s 193tt J*.'

O jnsol Gas (Pitts). ... 50Pref 60Bonds 5s

Vinsum Gas (J City)—Stk1st 6s MAN«And Interest. tPrtee

Bid.

ok Bx199*4470

« 969080*

t50

1091104per sb

AS>_ah.9006078*999883

118106106are.

August 18, 1900.] THE CHRONICLE -BOND PRICES (6 pages) Page 2. 32T

BONDS.K.T.STOCKEXCHANGEWeek Ending Apo. 17.

Del Laok A Weitern 7i..l907MorrliABuex lst7s.l9U7.

i-1871ig?i

lstoonguar 7i 19}°Registered.. ......191&

N Y Laok AW lit 61.. 1921Gonitrnotlon 5s VitaTermAlmpt 41..... 1923

Syr Blng * NY lit 7i.l906Warr«8d7 .••• 19°°

Del A H-litPa D1t7i.1917Registered U»«lj

AlbASaslit0ongu7il906Regtitered 1908Guar gold 8i 1908Registered 1908

Rem A Bar Ht7i 1921RegUtered 1921

DelKlvRRBge. SmPsRR.Den A R Qr 1 it gold 7i , . 1 9001st oong 4i 1936litoong4ki 1986ImproTement gold Si. 1938

Dei M A Ft D. Sm O R A I P.

DesMAMlnn. S«Ch*SW.Dei M Cn Ry 1 it g 5i . . . 1 9 17DetMATol. SmLBAMBo.Det A Mack lit Hen g 41.1990Gold 4i 1995

Dal * Iron Bang* Iit6s.l987Registered. 19378d6s 1916

Dul BedW * 8 lit g 0i . 1988Dal So Shore A At g5i . 1987

EMt Of Minn. SmStPMAM.MtTVs A Oft. Sm. So Rr.

Elgin Jol AH lite Si... 1941H1U Lex A B 8. Sm C A O.BlmOortANo. SieLehANY.Brie lit ext g 4 19473d ext gold 5s. 19193d ext gold 4Ui 19834th ext gold Si 1980Cthextgold 4i ..1988lit oonsol gold 7i 1930lit >nsol gold fd 7|. .1980

Brie lit oon g 4i pr bds. 1996RegUtered 1996

lit oon genllen g 4s.. ..1996Rezlitwed 1996

Buff N T A Brie lit 71.1916Buff A 8 W gold 6 1908Small 1908

Cblo A Brie lit g Si... 1988JeffBB lit gu gold Si. 1909Long Dock oon gold 81.1935Coal A BR lit o gu 61.1938Dock A Imp lit our6s.l913N T A Green LgugSi. 1946Small 1946

Mid RRofNJ lit g8i.. 1910N Y 8 A W-lit ref Si.19378dgold4Ui 1937General g 5i 1940Terminal lit g St.. . .1943Regit $5,000 eaoh. 1948

WllkABailitgug5il942Brie A Pltti. Bee Pa Co.BicanALSup. SmGANW,Bureka Spring! lit g 6i. 1933Bv A T H lit oon 6i. . . . .19311st general gold Si. ...1948Mt Vernon fit 6i 1938Sail CoBr'oh litg 5*..l 980

BvAIndlitoongug 8i..l926FargoABo. SMChMABtP,Flint A Pere M g 6i. . ..1920

lit ooniol gold Si.... 1939Pt Huron DIt lit g Si. 1939

Fla Oen A Pen lit g St. .1918lit land gr ext gold 6il980Consul gold 5i.. 1943

Ft S A V B Bge. 8m StLASF.Port St V D Co lit g 4U»1941Ft W A D O—lit g 4-6l. 1921FtW A Bio Gr lit g 3-4i. 1988GalB.arA.SA. Sm 8 P Co.

al HAH or '82 lit Si.1913Ga A Ala By lit pf g Si. 1945lit ooniol g Si 1945

Ga Car A No lit gu g 6i.l929Georgia Paolflo. Bet So By.Gila T G A Nor. Sm 8o Pao Co.Grand Rap A Ind. Btt Pa Co.Gray'i Pt Term See 8t L SWHan A St J. SmOBAQ

ouaatonl©. Btt NTNHAH.Hook Yal lit oon g 4*1.1999RegUtered .,,, 1999Col A H V lit ext g 4i. 1 948

Housi B A W T lit g 51.1983Hous A Tex Cen. Sm So P Co.

FlnoU Central-lit gold 4i 1951Reglitered .......... 19S1

lit gold 8ki 1951Reglitered 1951

lit gold Si iterllng. . , ,1951Reglitered 1951

CoUTruit gold 4i 1958RegUtered 1952

L NO A Tex gold 4I..195SRegUtered 1953

Cairo Bridge gold 4i.. I960Reglitered 1950

LoulivUle DIt g 8ks .195*BegUtered 1953

Middle D'.vreg 5i 19218t LouIiDIt g 3« 1951Reglitered,.., 1951

M-8M-NA-OJ-DJ-DJ -JV-AM-NA-OA-OM-8M-8A-OA-OA-OA-OM-NM-N

M-NJ.JJ -JJ-D

M-N

Bid. Ask.123V$187J* 189^105)* 100k•139 ,

142185 187^117 120

D-D

A-OA-OJ -JJ -JJ.J

M-N

M-NM-8M-SA-OJ-DM-8M-8J-JJ-JJ-JJ-JJ-DJ-JJ-JM-NA-O]A-OM-NJ-JM-NM-NA-OJ -JF-AF-AM-NM-NJ-D

F-AI-JA-OA-OA-OJ-J

A-OM-NA-O1-

J

J-JJ -J

J -JID1 -J

A-OA-OJ-JTI -J

J-JJ-JA-OM-N

PriceFriday,Aug. 17.

130108144

• 1*11 I

118117118k113>t148 .....

97«•104101

98

ioe

9883

•108

9686113

•••••I ••til*

114

110 111

•188•118•123H•109k•189

87 8888 8768M Sale

'107•Mill •*«•««

•U5kH6•104k•183

» •!•••

'116k•••••• ••••

U8k109k

98•109

96118

106k 106k

128107

188k107k

•••••I ••••••

138 ...10S 105k100 109'106 108• I * • • I • Mill•••••• •• • •••

•••*»•7367

•••III

Week'sRange orLast Sale.

Low.<84k140

'05k13814018319105182108I46k4818

133118k11848k48k

High.i2>k

J'ne'00J'ly'00J'ne'00Oou'9feJ'ly'00May'00Mar' 00Feb '00

Aug'98May'00May'97J'ne'00J'ne'99J'ne'00J'ne'00J'ly' 00J'ly'00

No~.25

Rangesince

Jan. 1.

1 04k Apr '0098 Aug'00107 Aog'0001% J'ne'00

08k May'00

83 J'ne'00109 J'ly'00•••• 11(1*1

98k Feb.''99

1 14k J'ne'00

1 09k J'ly'oo

iJ'ly '00

iJan.'00

iJ'ne'00

| Mar' 00iApr'99

| J'ly'00Deo '98

89; May'99

69

140 Feb '99

116k Aug'0006 Deo '99

36k J'ne'00MillI ••••09 Oot.'98

119 Aug'00103k Aug'0099k J'ne'0094 94

1 18 Apr '00

• • • *

104 107

ai

• •••

• •• •

8

33

a9

• •••

• • • •

Si

61 NOT'97193k l»3k107k Aug'00

• IHH •*••»*106 J'ly'00

188k J'ne'00106k 105k107k May'00101 Mar'99• ••••

IMM•••••••*•*••

108 105

10397«

100k 100k

105k 107104

A-OA-OM-NM-NJ-DJ-DJ-JJ-Jr- aj-jj-j

116114k106k

•103 105

'108 103k"•««• .....

106 Mar'9878 7268 Aug'00

108« Jly'OO106 Deo '98

89 Feb 0099k Jan.'00

100k 10094

104 J'ne'00104k J'ly'00

116 J'ne'00113k Mar'00106 Aug'00l03kApr.'9b

*•*•

• •••

14

Low. High183 124k186 148104« 107k188 141k

138 187k119 130105 106138 183

146k

118"• • • • • I

i i8kiisg147k148k

108k963107101k

148

iaok• • • • ••

116118148k148k

104H99k107k106

108k 109k

76k 83k107 110•lllll ••••••

•Kill • * • •

110 114k

107k 118

116k 118119k H9k118*1 116k188k 188k

187 143

97k »8

•7" "75k

114 117k

136k 139k• ••••

- •11*1••••••

116k107k9899108k

•••••*

• ••••

e • • •

18011199k97k118

104 109

130 135k108 110

• I •

• • « i

40

103 108104« Jan.'99ioik J'ly 'oo98 Jan. '00

100

11990k 90k

ioik J'ly 'oo

183 May'9990k Aug'00

...... ......100 108

180 133k103 103k106 110..... ««.«•*

.»••• • ••••

..... M.Mt

7055 It*60

103 104k

89 8999k 99k

98k 108k

BONDS.N.Y. BTOCK EXCHANGEWbek Ending Aug. 17

103 108100 106

114 116USk H8k104k 106

100 106

101 10498 98

100 103k

"e'6" "o'sk

Dl Cen. St. L. DIt. (Con)Gold 8ki 1951Reglitered 1851

Spring DIT lit «3kl- 1951Reglitered 1951

Weitern Line 1 it g 4i. 1 95

1

Reglitered 1951Beller A Car lit 6i. .. . 1923CarbAS litg 4i 1932ChloStLAN Og6l..l951BegUtered 1051Gold 8k 1951Reglitered 1951

Mem DlTlltg4i... .1951Reglitered. 1951

St L Sou lit gugii... 1981bid DeoAW Iitg6i....l985

1st guar g 5| 1985Ind 111 A la lit ref g Si. .1948Int A Great Nor—lit gold 6| ...19193d gold Si. .....19098d gold 4a, 1981

Iowa Central litgoIdSi.1938Iowa Midland. Sm Oh A N w.J effenon BB. B— Brie.IZalAAGR. BmLSAMB.fVan * Mloh. Btt Tol A O O.K O A MRAB HtgugSi.1989K C PAG troti fit g 6a,....KanOAPae. Btt MB ATKanaaiMld. SMStLASFKentucky Cent Am LAN.KeokADeiM. SmCRI A P.KnoxTlUe A Ohio. Btt So Ry.Lake!BrteAW lit g5i.l987

adgoldSi. 1941North Ohio lit gu6i.. 104

5

L8AM8. Bet NY Cent.LehVal(Pa) OoUg6i..l997Reglitered 5i 1997

LehVNY lit gug4ka.. 1940BegUtered 1940

Leh V Ter Ry litgu g 6il941BegUtered 1941

L V Coal Oo lit gug6i.. 1983BegUtered ., 1983

Leh A N Y lit gu g 4i. ..1945BegUtered ......1946810 AN lit gilt pf61.1914Gold guar Si 1914

Leh A Hud R. Bet Cen ofN J .

.

Leh A Wilkeib. Bm Cent NJ.Leroy A Oaney Vau BttMo P.Lex At A PF. Sm Met St By.Long Dook. 8m Brie.Long liland—lit oong Si 1981lit oong 4i 1981General gold 4i. ...... 1838Ferry lit gold 4k 1922

Unified g 4s 1949Debenture gold 6a,, . , ,1934Bklyn A Mon lit g Si. 1911lit Si .....1911

NYABBlitgffi....l987NYBAM B oong Si.. 1935Nor Sh b 1 itoon g gu6i..'88

LaAMoBlT. SMChlAAltLBA St LOonong 6i Tr eertaGeneral gold 4i 1943

LoulivUle A NaahYllle—General gold 6i 1980Gold Si 1937Unified g4i ,, 1940BegUtered 1940

OoUtruitg6i 1981Col tr 5-80 g 4i ....1908-18Ceoel Br 7i 1907BH A Nam litg 6a,. .1919LOlnALexg «ki..,.1931NaihADeclit7i....,l900NO AM litg 6r .....1980Sdgold6i.. ,,..,,„..1980

Peniaoola dlr gold 6i. 1920Pem A Atl lit gug 81.1921BtLdlTlitg6l. 19818dg8l 1980

6ANAeongug5i....l936Sink fd (SANA) gfli.. 1910Kentueky Cent g 4i ...1987LANAMAMlltg 4k* 1945NFlaA81ltgUg5l ..1937

L A JeffBge Oo gu g 4i. 1945LNAACf. SmOIAL.MahonOoal. SML8AM8.

anhattan By oon 4i. 1990Reglitered 1990

MetrqpplBI litg 6a... 1908Man B w Oolonu g Si . . 1934BlB'ptAB Y. BMP MoKA

Y

Metropolitan Bl. Btt Man Ry.Mex Cent oon gold 4i . . . 191

1

litoonlnoome g8i...l939Id oon Income g 8i . , . . 1939BqulpAooUg 5l 1917

dex Intemat lit oon g 4 1. '77Hex Nat lit gold 6i 1937idlno 6i ACp itmpd.1917Sd Income gold 6i B. .1917lax North lit gold 6i..l910Reglitered 1910

tfloh Cent. Bet N Y Cent.JidofNJ. Bet Brie.4L8AW. SmCMcANW1411 A Mad. Bee Chic A N Will* North. SMChMABtPdllABtP. SMChMABtP

J -JJ-JA-O

M-NM-NJ-JT-JA-OA-OJ-JJ -JM-Svl-

8

A-OA O

J-JJ

M-8J-DM-BJ-DM-8M-8M-BA-OsJ-O

M-B

J-DM-NJ-JJ-JM-BA-OM-8J-DM-NJ-JJ-JJ-JM-SF-AM-8M-8V-AA-Or-jM-8V-AM-8

A-OA-OJ-JJ-D

J-JJ'lylJ'lylA-OM-SJ-DM-BiAn.lJ-DJ-D

PriceFriday,Aug. 17.

Bid. A$k

100k 103• •on* * if * * i

!*•••• * II**

111k 113

123k100 .....185

99

• ••««• Mini

100108

109k

130*•••«• 0960 55

118k

68 73

•180k116k H7k110k H3k

108k• Hill •«••*>113

118* • • • i I •**••98 94

131 ,..,

104k100 ......100

• 100?4k Bale96117 ••••109100107107 109

117k 11811198% Bale

10998k

105

109•I •••*••

•••••till*

Week'tRange orLast Bale.

Low. High.

101k Aug'00101k Oct.'9990 Deo '99

1 13k J'ly'00

81 Aug'0090 not'9886k May'0030 Dec '9908 Feb '00

06k Aug'99

104 8ep.'991 03k Aug'00

09k Aug'00

80 liO87k J'ly '00

05k May'00118 118

78 J'ly '00

20k l*0k1 16k Aug'00111 Aug'CO

104 Aug'98

108k 108V108k Nov'99118 J'ly'00109k Oot'99108N Nov'99

98k J 'iy '00

101k Sep.'99

181k

100k106102k94k

• •••81no105107106

131k••• _

100WJ'ne'00May'00

94k

ee* • •

Aug'00May'00Jan.'99May'00

63 J'ly'006k J'ly '00

U7k 1 17k111 Aug'00P8H »8«

187118106106124k 184k60108k10696 97k108107

101k Sale

ii4k iiok

e • • • ••8086 Bale18 18

10070V nun

look J'ly 'oo

96H Aug'00i06 NOT'97118k Aug'00103 Jan.'98103 May'00187 J'ly '00

117 Feb.'00109k Nov'99110k J'ly'00183 Apr '0066 Deo '99

107k Aug'00

• •• •

•Mt• •*•

• in

7»• ••

• • •«

• • I *

• I • •

• •*«9

• • *

• •••

I • • I

• • *

••I

»e«i30

96k 97107k Jatu'OO

109k J'ly '0096k Oct. '9 9

101k ioik

114k J'ly'oo

78 J'ly '00

25k 8612% J'ly'00

86 80k103k Apr'OC81 Apr '00

18k J'ly'00105 May'00

Rang*tine*

fan. 1.

Low. High

99k 108k• ••)••• •!•••«••*•*• ••••19

HI 114••••«

118k 181

185 186k• ••Ml ••*»*»100 101»«••« **««M

*••••• ••»•••

• nee* *••••103k 19*

108k 110

k

119k 1.1k

i!^ i"

68 •vr

11 6k 1281082 119nog H8k

ioeii IVcUi

118 116k

...... •-•••«

91k 08k...... Mim...... ******

180 181. .... MIIH06 10897k 196

'IS*1*

106 110106 106...... ••>••!

105 104

61 714k 8

116 138107k US*96k 101X

i06*k "9k96k 1°°

nik n*S...... ...*tl

108k 109187 189117 117

iSS* u»107 111

34

13

i's

95k *S107k 107k109 liofi.•*••• !•••«•

99 106

118 117

70 8130k *9k10 16

"84k "88k108 108k81 8118 17

106 106k

• Bo prioe Friday ; these are lateit bid and asked thU week, t Bondi due Auguit. * Due April. I Due January. 1 Due Ootober. I Due July, a Optional

OUT8IDE SECURITIES (Given at foot of 7 consecutive pages).—&A8, TEL. & 1EL.EPH., dc

Que Securities.Detroit (int—See N Y BxoBuex A Hudson GaiFort Wayne (Ind)lit6i 1925 JAJ

Grand Rapldi—BtookIit5i 1915 FAA

Hartford (Ct) GaiL...85HulionCoGai6igl949..

Indiana Nat A 111 Gas—lit 6il908 MAN

IndlanapolU Gai—Stock.lit 6l 1930 MAN

Bid.

h. tin

*86*

60100r.ost 4885

108

6180100k

Aik.

404665

1085140103

6690101k

Gai Securities.Kansas City Gai 1005i 1983 AAO

Laclede Gai—N Y StockLafayette (Ind) GaiIst6i 1924 MAN

Loganspt A Wab Yal—1st 6s 1925 ,JAD

Madison (Wis) Gai—StoKlltei 1926 AAO

Newark Gas 6i 1914Newark Consul Gas . .1006il948 JAB

New Bug Gai A O—SmBq

Bid.

i »9kHxoh.4061

6070

{105US9

66r.ositonL

Aik.

40101

4666

6875107

103lit.

Gas Securities,Ohio A Ind Con Nat A 111-Ohlo&lnd—1st 6s '26JADPeoples Gas A Coke—N TPhiladelphia Co—Bee BoiProvidence Gai 50StJoieph (Mo)5s 1937 JAJ

Si Paul Gas—StockConsol 5s 1944 ....MAS

Syracuse Gas—StockIst5sl946 ...JAJ

Weitern Gas (Mllw)tt—Btt N Y Bt Bx Hit.

Bid. Aik.

28 8264 58

Stock Bxohton L lit.

t 94k30 40

i 93 96 ,

5346i 79k 8110 1487 9091 98

Teleg. dc Teleph.Teles. * 'i'eiepb.

American Diit Tele—NYBell Teleph. of Buffalo. .

.

Ce itrai A South Amer.. ..

Ciei A Poto Teleph—Btk5i 1909-39 JAJ

O>mmerolal Cable........C immer Union Tel (NY).B iplre A Bay State Tel.

.

Hrte Teleg A Telep—See S7/anklin....

JAnd interest. tPriee

Bid.

Stock118k10360

10416511076

tOkBx48

per ih

Ask.

BXI*•••*••10670

....t«170115

<

List48

are,

328 THE CHRONICLE -BOND PRICES (5 pages) Page 3. [Vol. LX2I

BONDS.W.Y. STOCK EXCHANGEWbekBmdiwg AUG. 17.

Minn A St L—lit g 7i . .1927Iowa ex lit gold 7i... 1909South Weit ex lit g 7i.'10Paclflo ex lit gold 6i . 1921lit ooni gold 5s 19S4lit and refund. 4I....1949

MlnAStLgu. SmBCRANM A P lit Si it 4l lnt gu..'38M 8SMAA lit g 4i lnt gu. "28M StPASSM eons 4i lntgu'38MlnnUn. Set St P M A M.Mo KanATex—Iitg4i.l9902d gold 4| 19901 it exten gold 5i 1944BoonevBdgOogug 7i..'06DalAWa litgugSi.1940MKATofTlstgug5s.'428her8hASou lit gag 5i.'4SK OAPac 1st g4o... .1990Tebo A Neosho 1st 7s. 1903

Mo K AH litgug 6I...1942MoPaO— <d7l 1908

1st eon g 6i 1920Trust g 5l 1917Registered 1917

1st ooll gc'-i 5s 1920Registered 1920

LeroyAO V AL lstg5s'26Pac R of Mo lstexg4s.'382d extended gold 5i . 1938

St Louis A Iron Mount—GenconryAldgrtg5s'3lGeneonstampgtdg5s'3lUnlf Aref g4s 1929

Verd VIA W litg5i..'28Miss BIT Bdge. SssOhloAAltMob ABlrm priorHen g 5s.'45

SmallMortgage gold 4i 1945Small 1945

Mob A Ohio new gold 6i..'271st extemlon gold 6i,1927General gold 4s 1938MontgomDlTlitg 51.1947St L A Cairo gu g 4i . . 1931

MohawkA Mai. Se* N T C A HMonongahela R1t. Set B A OMont Cent. Set St P M A M.Morgan's La AT. SmSPOo.Morris A ftssex. Sm DelLAWNashOhatAStL lit 7i.'13

3d 6 19011st oon gold 5i 1928liteiTAPb 1917lit SlMeMMWAAl. 1917lit gold SiJaiper Boh. 1923

Nash Flor AShef. So* LANNewHAD. SwNYNHAHN J Juno RR. SmNT Cent.NewAOlnBdge. SesPennCcNOANHprlorliengds.1915N Y Bkln A Man Bh. 8*t L I.

N Y CentA H R 1st 7s.. 1903Registered 1903

G8*s ....1997Registered. 1997

Debenture 5s of .1884-1904Registered ... .1884-1904

Reg deb Si of . . . 1889-1904Debenture g4i.. 1890-1905Registered 1890-1905

Debtoertsextg 4i.,..1905Registered 1905

Lake Shore ool g S*s. 1998Reglitered 1998

Mich Cent ool) g 3%s..l998Reglitered 1998

Beech Crk lit gu g 4s. 1938Registered 19382d gu gold 5| 1938Registered 1938

Cart A Ad 1st gu g 4s. 1981Clearfield Bitum Coal Corplstiflntgug 4sser A.'40Small bondi series B. .'40

Gout AOswe lstgu g 5s.'42Moh A Mai 1st gu gii.1991N J JunoRgu litis .1986Registered 1986

NYAPutliteongug4i.'93Nor A Mont lit gu g 5i.'16West Shore lit 4s gu. 2361Registered 2361

Lake Shore oon lst7i. .1900Reglitered 1900

Consol2d7s ,.1903Registered 1903

Gold 3*s 1997Registered 1997

ClnA SlitgLSAMB7i'01DetMoa A Tol lit 711906K A AG R 1st go 5s. 1938MahonC'IRR 1st 61.1934

Mloh Cent—1st oon 7sl9021st oon 5s 19026s 19095s 1931Registered 1931

4b 1940Reglitered 194(

BatCAStlitgug8i.'89N Y A Harlem g 8*1 2000Reglitered 9000

N YA North 1st g 5s.. 1987R W AOgoon litextSs.'SSOswe AR2d gug5s..l91ER WAOTR lstgu g 6s. ieUtloa A Blk RIt gu g 4s.'2£

N Y Chic A BtL lltg 41.193RegliWed 193-:

J-DJ-DJ-DA-0M-NM-8

J-JJ.JJ-J

J-DF-AliM-NM-NM-NM-HJ-Df-aJ-DA-0M-NM-NM-8tM-8tF-AF-AJ-JF-AJ-J

A-0A-0J-JM-S

J-JJ-JJ-JJ-JJ-D

J*8F-AJ -J

M-

13

4£

j-jj-jA-0J-JJ-JJ-J

A-OI

*105%112•no109

1

1

JJ

M-SM-SM-SJ-DJ-DM-NM-NF-AF-AF-AF-AJ-JJ-JJ-JJ-JJ-D

J -JJ -JJ-DM-SF-AF-AA-OA-0J -JJ-JJ-J

-D*J-DJ-DJ-DA-0F-AJ-JJ-JM-NM-NM-SM-SM-J

J -JJ-DM-NM-NA-OA-O*F-AIM-NJ-JA-OA-O

f.

t

PriceFriday,Aug. 17.

Ask.Bid.140*U8127•122113* 11497* Sale

Week'iRange orLast Sale.

92* Sale6696 Sale89 91

*••*•! ••••••* 90 95

91 93

•••••• , * . i *

105108%113%118% Sale97 Sale

93% Sale

«••••• . . . * *

106109*

110% Sale110

79 79*

...*•• ......

...... ......•••««. ......

ise" Bale'12°*os ......

107*

125

108*108*109% Sale•109107*107*107* ......102%102%102%102%96 96%94* ....?.

95*

109

•••«•• •••!•«

• ••••i mm•••••• i*e«i*• •••oi imii

i • • • e •

i*IM• •••«• Mill• •••It I mi

105

• • •• •* • • *

111*111%111% Sale

112 115112109*110

'102117

127 130*107 ...,

108*...,120* ...,

• • * •

• ••120126* 128108

109 ....

107*

Low. High.149 May'OO132* May'OO122* 182*188 May'OO113 Aug'0097 W7%

92 92*66* 6789* 90*100% Nov'9994 Deo '9992 Aug'0098 Aug'0080 Aug'00

ib's* Aug'OO118% 118%116% 116%97 97

92% 92%

94 J'ne'00105% Jan. '00112* Apr '00

110*11079

110%J'ne'00

79*

110* J'ly'00• ••••• I •••

••••••••«•••

126 126120* J'ly'0084% Aug'OO1C6* Aug'OO

128 Aug'OO1C0* J'ly'00105* J'ne'00111 Deo '99•••••» ••••••113 Deo '99

111 May'OO108* J'ly'00109% 109%112* Apr '99107 J'ly'00106* May'OO109* Sep.'97101% J'ne'00104% Feb.'99102% 102%102* J'ly'0096* 96%95 Aug'OO95* 95*95 J'ly'00109* Aug'OO106 J'ne'98

i ee ••• •••*•>

•••*•• III III

9« J'ly '98

107* J'iyv00102 Feb '00Mill ••••»••»•• MUM111%110*108*101*118111%110110*108*119*

111%111%

J'ne'00May'OOJ'ly'00J'ly'00110

Mar'OODeo'97J'ne'00

129% Apr'00* J'ly'00105

103121128127105108

J'ly '00Aug'OOMay'OODeo '99Jan.'00Jan.'98

115% May'OO

138186*118

107:07*106

J'ly '99Aug'OOApr '99

••••••Aug'98Aug'OOMay'OO

1

a54

2610257

!...

31414

31

70

i • • *

10

• •••

• •• •

9

ill*

"i

68• It!

• *••

* •

623

> • * •

I • * •

till

» • • |

13A 139100* 100*104* 107*mil •••• . • •• nil'

Rangesince

Jan.L.

Low. High143* 161122* 133*122* 132*138 128111*116*93 99%

88*6589

98%70*95%

•••• •••••

8892*76

103*'

113

94

93*98%83

• * • •

106116*131*101%

90 98%

93105%112*

109*11077%

94105%113

113*110%84*

110*110*••III ••••••

• ••• • llll**

120 128120* 12683 87106* 109*

109108*108

118111111%

102%105%

108107%

t • • • • ••••••

101% 103%

101 108%

96*9595*94

108

99989897110*

••••I •••III

• •III •••••!

• •••• ••••!

••••I ••••• •••• ••••!<••••• •••••'

106% 107*102 103•••••I •••••*

•••II lllll

110 115%110 114100% 103*100% 103*111* 116*111*114%109* 111%110*110*

119 181

8%139% 129105* 109102% 104119* 131128 128•••••• •!•••101 105••••I ••••

115% 116%

126 189*

•••III •!•••••••• •••••104* 106*103* 105

BONDS.n.y. 8tock exchangeWeek Ending Aug. 17.

N Y AGreenwLake. 8u BrieNYAHar. SuNYOAHudNYLackAW. SmDLAWNYLBAW. SsiBrle.

5JA? "i,** N T NH * HNYNHAHartlitregii.'OSConvert deb oerti 11,000 .

.

Small oertfillOOHousatonloR oon g 5s. 1937NHADerby oon 6i... 1918NYANBlit7i 1905lit 6s ..,1905

N Y A North. SmNTOIE.N TO A W. Ref lit g 4il992„ J^fKU WiOOO only. . . 1992NYAPut. SmNYOAHSI*?5: S«# Long III.NY8AW. 8«Brie.NY Tex AM. SesSoPaoOo.Nor A South 1st g 5s.... 1941Norf A West—Gen g 6s. 1931New Blrer lit g 6 1988taiprrmtAext g8i.,.1934N A W Ry litcong 4i. 1996Registered 1996Small 1996

OOATll gug5l....l922Bolo VAN B Istgug4s.l989

North Illinois. SssOhi A NW.North Ohio. 8e»L BrieAWNorthern Paoiflo—Prior lien r Algg4s..l997Reglitered 1997

General Hen gSi 8047Registered 8047

BtPANPgeng6i...l923Registered otfs 1923

Wash Cent 1st g 4s. . .1948Nor Pao Ter Co lit g 61.1933Nor Ry Oal. 8t$ So. Pao.Nor Wis. SssCBtPMAO.Nor A Mont. SssN.Y.Cent.OIndAW. SssOOOAStL.

hlo RlTerRR lit g 5il936General gold 5i 1937

Om A St L 1st g 4s 1901Ore A Oal. Btt Bo Pao Co.Ore Ry A Nav See Un PaoOre RR A Nav See Un PaoOre Short Line See Un PacOiwego A Rome. Sw.NTCO OV A St P. SssOANW>aoOoaitCo—1st g 5s. 1946aoof Missouri. Sm Mo Pao

Panama lstsfg 4*i. ...19178fiubsidyg6s 1910

PennOo—Gu litg 4*1.1921Registered 1921Gtd8*iooltruitreg.l937

O BtLAP 1st oon g 5s. 1932Reglitered 1932

Oey A Pitts oon s f 7s. 1900Gengug4*sser'sA,1942Series B. 1942Series C 3*s 1948

rte APlttgug 8*1 B.1940SerlesC 1940

NA CBdgegengug 4*s.'45Pitts Cln A St L lit 71.1900Reglitered 1900

P O A Bt L oongu g 4*i—BerieiA. 1940BerieiBgnar 1942Series Oguar 1942Series D 4s guar 1945Series B guar 3*s ..1949

Pitts FtW A O lit 7s. 1912

M-NM-NJ-JJ -J

M-BllM-Sll

M-NM-NA-0F-AA-OA-OA-OJ-JM-N

Q.JQ.JQ-Ft

Q-F

J-DA-0J-J

Id 7a.... 1912•111 f• •• •••••• llll ||• XVlfO

PannRRlit real eig 41.1923Ooniterlingg 8i 1905Con ourrenoy 6i reg.. .1905Oon g Si 1919RegUtered 1919

Cong 4s 1943GrRAI exist gug4*s. 194101A Mar lit gu g 4*s.l93SDRBRABge 1st gu 4s g.'36Allegh Valgengug4s.l942Sun A Lewis 1st g 4s. .1936UNJRRAOangen4s.l944

fensaoolaAAt. SuLANaihP«o DeoAB litg6itr reo.'20Irani DIt litg6itrreo.'202d g 6s tr rec litpd.,1926

P«0 ABait. 8et O O C A St LPao A Pek Un litg 6s ... 1921*dg4* Feb., 1921

Pine Creek reg guar 8i.. 1932PlttsClnAStL. SssPennCo.PCOAStL. SMPennCo.Pitts OlerATol litgei. . 1932PlttsFtWACh. SMPennCo.Pltti Juno lit g 6 1922PlttiA L Brie—2d g 5s . . 1938PlttiMoKAYo—lltgu 6i.'328d guar 6s 1934MoKeeAB V 1st g 6i.l9l8

PittsPAF lit g5i 1916Pltti Bh A LBlitgSi.. 1940lstoonsolgold 5s 1943

•lttsAWest 1st g4s... 1917J P M A Co oertfs

Pitta Y A Ashlst oon 5sl937.OeadlngOogeng 4•... 1997» Registered 1997tensselaerA 8ar. SmDIH,»lob A Dan. Be* South Ry.Elo Gr West lit g 4i. ... 1939TTtAh Cent 1st gu a 4».1917

J-DA-0

PriceFriday,Aug. 17.

Bid. Ask,

Week'sRange orLast Sale.

190

Ml

J-D

A-OM-NJ -JJ-JM-SA-OA-OM-NJ -JA-OM-NJ-JJ-JJ-JF-AF-A

A-OA-0M-NM-NF-AJ-JJ-JA-O*M-NJ-JQ-MllM-S-S

J-JM-NF-AM-8J-JM-S

J -JM-SM-N

Q-FM-NJ-D

A-O

J-JA-OtJ-JJ-JJ-JJ-JA-OJ-JJ-J

M-NJ-JJ -J

J-JA-m

180116114110

107 Sale•••••• •*••

13097% Bale

«••••• •••••••••••• ••••!•

103% Sale108 10465* Sale

88* 89118

•11088 95

75

108 109*

105a

116* iiV

•118*•119*104*100100••••• •••••!••••«• ••!••••••••• ••••••

116*116*115*108*99*

•••III •••••••• ••••••

107116•115120

••••••*•••••

108 ••••••

•••••I •••••••••••• ••••••• •••>•• lllll.• ••••• •>....106116

138 13398*

•115,

180,

118,

189,

183,

•••••• •••••<90

,

116,

100*100*18087% Sale

98 SaleR7

Low. High,

104*O0t.'«7191 n.ug'00189 Aug'OO188 Apr'00

ill" Jan.V00118 J'ly '99

106 107101* Not'96

114*180*183117*97%97%

•••••101101

J'ne'00J'ly'00Aug'OOAug'98

J'ly '00

•lllllFeb '97Aug'OO

108% 104104* Aug'OO65k 65*66* May'OO131* May'OO133 J'ly '99

88% May'OO117 Aug'OO

110 J'ly '0090 9075 Apr'00

108 108

103* May'OO

116* 116*111* Jan.'OO103 Not'98181 J'ly '00

103* Mar'OO117* Feb '00

101* May'OO

101 Apr'00109* Apr '97

116%116%113109101%139*136181108............

Aug'OOJ'ne'00Nov'98Apr'00J'ly '00May'OOMar'OOJ'ly'00May'97

••••••••••••

••«••• ......Ill Aug'OO112% Mar'OO

lbs" NoV'97••••• •••••!117 May'OO

101 May'OO100* Apr '0083 Jan.'00

130% Mar'OO98 J'ne'00187 Not'»7

107* OOU'98

181 Not'98

.«•••• •••*90 J'ne'99116* J'ly'0087% Jan/OO100 J'ly'00100* 100*

87% 8884% Deo '99

98 98%86*Mar*00

18

99

61

83

• I •I

• l • '

• •••

• •••

• • • •

• • • •

• II

t • •

I • I

• • • •

• • • i

• • • i

169

22

RangetinesJsm.1.

Low. High

185% 191185 188%183 188• ••••• l*»IV114 114

108 lOf

110 114*189 188180 183

90* 99*97% 97%••••• •••%«

9i" ib'i"

103* 105%101 105*85 6966* 68131% 188*

88% 88%117 130

109 11090 9160 77

104* 110

102 101

in* lie*111*111*

121** 131"

108 108%117* 1178

101* 101%

•••«•• '••••!

101 101•••••I •••»*(

114 117113*117

108* 109100 101%135 189*186 186131 134

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

..... ....<•

..... ......

..... •••*'•

108 111109 118%

...... ...•*•

.•••a. ••"*•117 117

100 10199 100%88 88

130% 180%98 99

•!•«• •••!••

ii8% i'l'e*

99% 10199*101*

88 10%

a*iw

*No price Friday ; then are lateit bid and asked this week, t Due isa. t Due July. I Due June. I Due Mar. 1 Due Not a These are opUon i

OUT8IDE SECURITIES (Given at foot op 7 consecutive pages).— TEL., BLEC, FERRY de

T»le». At Teleih.GoldAStook ,

Bonds ,

Hudson River TelephoneAlternation Ocean ...,,...

Mexloan TelegraphMexican Telephone—SeeNew Bng Telep—See BoitNorthwestern Telegraph

.

MY AN J Telephone....i 1930 MAN

Paoiflo A AtlantloProvidence Telephone.Southern A Atlantlo. . .

.

Bid. Ask.

115 11790

115 180116 118815 825Bosto Ulllt.on list •138 187166 163110 11875 1009596 ioo

Teleg. «fc Teieph.Teleg Telep A Cable—SeeWeit'n Union Teleg—N YKleotrSc Companies.Allegheny Co Light Co...Brush Bleotrlo CoConsol Bleotrlo Storage.

.

Bddy Bleotrlo Mfg 00..85Bdlson Bl HI Co NY-N YBdlson Bl 111 Co Brk—N YBdlson Ore Milling Co..Blectro-Pneumatic TransFort Wayne Blec Co..85Series A

Bid.

Phlla

Ask.

list.

Stock Bxch

165 17041 41IB 90

t 9 148took BxohStock xoh

9 118 8*

88 48

Bleotrlo Compantee.General Bleotrlo Co—N YDo pref.—See Boston L

Hartford (Ct) BleoLtCo.Mo Bdlson Bleotrlo

Do preferred.Narragan. (Prov)BlOo.SORhode Island Bleo ProCo.United Bleotrlo of N J . .

.

4s 1989United Bleo LtAP Co pref

4*4 1999—See Balto n

Wooniooket (R I) Bl Co..

Bid.

Btooklit.

1601769

t 931191870

SMBalSt.

Bxoh

• I •• i

1958

8078

to list

Ferry Co'»oa»lee.JKprry Companies.

Brooklyn Ferry-Stock ..

Bonds 5s—See Stock BxMetropolitan Ferry—6s..N Y A N J Ferrv—Stock..1st 5s 1946 JAJ

N Y A B R Ferry—Stock.Bonds 5s of 1928.MAN

H Jboken—Stock1st HOon. oilAna interest. tPrloe

Bid.

18list.

107• I • • •

10668

« 95*69

111099

per sb

Al*_

80

110• < ••

10770977011898*in

August 18, 1900.] THE CHRONICLE -BOND PKICES (5 pages) Pagb 4. 329

BONDS.T.Y.STOCKEXCHANGE « C

Wbbk Ending Aua. 17. i; ^

Bio Or Juno lit gu g 51.1939 J-DBio Gr So lit g 3-4i 1940 J-

J

RoohAPitts. *«BR*P.Borne Wat. A Og SeeNY Cent.

Salt Lake lit g if 0i. .1913 J -JtJoAGIlstg 3-4I...1947 J -J

St L * CaL See Mob A Ohio.Bt L A Iron Mount. See M P.

Bt L K O * N. 8m Wabaih.gtLMBr. S«TRRAo( Stl.

Bt Louis * Ban Frandsoo—8d gold 0s Class A 1900 M-N8d gold 6s OlaiiB 1906 M-NBdgold6l ClaiiO 1906 M-Nlit g 6i Pieroe O A 0..1919 F- AGeneral gold 6i 1931 J-

J

General gold 5i 1931 J-

J

1st trust gold Bi 1987 A-

O

BtLABF RBg4s....l990 J -JSouthwDlv lit g Bs.1947 A-OCent DtT lit g 4i. . . 1939 A- O

Ft SAV BBdglltg 01.1910 A-0Kansas Mid 1st g4i... 1937 J-D

Bt L 8o. 8** Illinois Cent.BtLBW lstg 4sbdofs. 1989 M-N9dg4ilno bond otfi.. 1989 J-JlGray'iPtTerlitgug5s'47 J-D

Bt Paul A Duluth lit 5i.19.Sl F- A2d Si 1917 A-O1st cog 4s 1968 J-D

Bt Paul M A Man 3d 01.1909 A- O1st coniol gold 01 1933 J-

J

Beglstered 1983 J-

J

Reduced to gold 4*s 1933 J -JKeglitered 1933 J-

J

Dakota ext gold 6i 1910 M-NMont Hit litgold4l.. 1937 J-DRaglstered 1937 J -DM lstdlT lstg5i.,.1908 A-

O

Beglstered 1908 A-0Nor dlv litg 4|.... 1940 A-0

Registered 1940 A-0Minn Union 1 it g0i... 1922 J-

J

MontO lit gugOs.... 1937 J-

J

Reentered 1937 J-

J

lit guar gold 5s 1937 J -JRegistered 1937 J-

J

Will ABFlitg 01.... 1938 J-DBeglstered 1938 J-D

Bt P A Nor Pao. Bee Nor PaotP AS'zOttT.SMOBtPMAOB Be Pres A Ph lit g 5l.l943 M- 8BAAAP. SssBoPaaOo.BFANP lit if g 5s.. .1919 J -JBar FA W litoon g 01.1934 A-0lltgSi 1934 A-OBt John's Dlv lit g4s..l934 J-JBrans AW lit gng 4s. 1938 J-J

Scioto ValAN B. SisNorAWBeab A Roa lit Si 1930 J-JCar Cent lit oon g 4s. 1949 J-J

Bher Bhr A So. SmUEsTSod Bay A So 1st g 5s. ..1924 J-JBo Car A Ga. See Southern.Southern Paolflo Oo—Gold 4i Cent Pao eoL.1949 J-Dt

Reklstered 1949 J-DtCPaolit refgug4s.l949 F- ARegistered 1949 F-

A

Mortguarg 3*41.... 1939 J-DtRegistered 1939 J-Df

GalHarABAlitg 01.1910 F-A3dg7i 1905 J-DMezAPaalitg....5i'31 M-N

HouiATOlitW AN7i.*03 J-JlstgSslnt gtd 1937 J-JOong6ilntgtd 1912 A-OGeng4s intgtd 1931 A-0

Morgan'sLaAT litg 0s. '20 J-J1st 7s 1918 A-0

NT T A Mexgu litg 4s. '12 A- OOre A Oal lit gtd g Si. 1927 J - JSAAAPasslstgug4s.'43 J - JTlliSO 1st 7s 1905 F-ASabine diT lstg 0i.. 19 12 M- 8Oon g5i.. 1948 J-J

BoPof ArgulitgOi.'09-lO J-J|SP Of Oal lstg6i ..1905 A-0

lit gold 0nerB..19O5 A-Olit gold 0i 1906 A-Olit gold 01 1912 A-0litoon guar g Si.. 1937 M-NStamped 1905-87 M-NAAN Wist gug 51.1941 J-J

B P Coast lit gu g 4s. . 1937 J-JBPaoof NMexlstg6s.'ll J-JGilaVGANlstgug5sl924 M-NNo of Cat lit gu g 0i. . .1907 J-JGuaranteed gold 5s.. 1938 A- O

Southern—lit oon g Si 1994 J-JRegistered 1994 J-J

Mem Dlv litg 4-4*-5ll006 J-JRegistered ....1990 J-

J

AlaOenB litg 0I....1918 J-

J

Atl A Oh Air Line Inc. 1900 A- OAtlan A Dan lstg Si. 1950 J-JCol A Greeny lit 5-0i. 1916 J-JTYaAGalit7s....l900 J-JDivisional* Si 1980 J - JOon lit g5i 1950 M-N

S Ten reor lien g 4-5S.1938 M-8Beglstered 1988 M-8

Ga Pao By lit g 01... .1932 J-JKnox A Ohio 1 it g 6i . 1 925 J - JRloh A Dan oon g 6i. . 1915 J - Jqulpiink fund g Si.1900 M-8DebSi itamped 1927 A-0

Bo Oar A Ga litg Si.. 1919 M-NAtl A Yad litg gu 41.1949 A-0

PriceFriday,Aug. 17.

Bid.10377

Ask.

80

82%

112*113*1129* 118*112% 118*

12134 sale"109 Bale•10380 Bale100

80% Sale61 Sale

189*113%~100*118137 141%

113*114*

119103

121104

••••ft • »•*•'

•••••• HIM'

180

115* 118

T17" I!!!!

121108

82 8284

105*" 80 90

100

78* 79

"98* Bale

88 Bale

110 ,

10599 Sale

110111 11380 83H«58135 .....

70• 9875

•118•no .....102* Sale

Ill109J$ 108%109Ill ....118 119

100 107' 9777* 79115*105 106*'107 .,„?.

108% Sale

108•••••• •••••*110

•110» » » »

• ••••<lis*110109

• • •

• ••••

•180120* 122*180100107105 107

• 95

Week'sRange orLast Sale.

Low. High.105 Nov'0077* Aug'00

82* J'ly '00

110 Nov'99112 J'ly'00111* J'ly'00

1211* 122108% 109104 Apr'0080 80100 J'ne'0093 J'ly'00105 Oot-'07

89«58%

120110100*U7*137*137*114106*118*103104108%

9061

Feb'99Apr'00I0f*

J'ly'00Aug'00Feb'99Aug'00Mar'98May'00

103Jan.'00Apr'00

••••ft ••••••128 Apr'00131 J'ly'00115 Apr'97118% J'ne'00

120 Apr '99

106* Nov'99

112 J'ne'00120* Jan-'OO128 Deo'99

85 May'00

104%Feb.'9«

78* 7985 Nov'9998* 98*99* J'ne'0088 82

110 May'00105 105

9 99*

110 Aug'00118 J'ly'0084* J'ly'00120* Feb '00134 Nov'99

98* Aug'0075* 75*110 Deo '98106*Nov'97102 102*118% J'ly '00109* Aug'00

111* J'iy'00119 J'ly'00105* Jan.'00106% Aug'0097* 98

110 Aug'00105* J'ly'00

100 Aug'99

108* 108*4108 Aug'00109* Apr'00••••*• ••••••112*Aug'97

108 May'00115 Jan.00108* May'00117 May'00110 110111* Jl'y'OO

181* Aug'00180* 120k180* J'ly '00101* J'ly'00104 104105 Aug'00••••••

4

14

40346

26

09

"9

227

14

31

12

5S

1

I • • •

RangeMinceJan. 1.

Lore. High

"ii" "ii

81 85

111 118*111*118*

121* 125100 113*103*10479 8498* 10091 95

85 93*53* 05*

109 111*97* 100*117*121137 142*

112*110*

118*131*102* 105

108* 108%

•»•»»• ••••••-••»#• •••••*128 128129* 134*

118*118*

112 112125* 120*

85 85

78 85%

97* 100*99* 99*81 80*

110 110*104* 106*98* 102*

109 111*111*11383H 87120* 130*

98* 9978 80%

101 104*110 114*109 110

111*118117*119105* 105*104* 109*95 99*

116 118*100 110

106 118*107* 108*108* 100*

99* 108115 115101* 108*114*117114 180108* 113

118 184118 186101 101*•••••• •••••102 109

BONDS.N.Y. STOCKEXCHANGEWbbk Ending Auq. 17.

Southern—(Con)Virginia Mid ser A6S.19O0Series B 6s 1911Series C 6i 1916Series D4-5s 1931Small 1931

Series K Si 1926Small 192r

Series F 5l 1931QenSi 1936Gtd itamped. 1936

W O A W lit oy gu 4i.l924West N lit oon g 6i. 19

1

4

SAN Ala. Bee L A N.Spok FalliANor litg 6s.l93i9unb A Lew—See Penn BB.Stat III By lit gu g 4*s.l943Syra Blng A N Y. SeeDLAW>r A of St Lilt g 4*1. '39L litoongoldSi.1894-]Bt L M BgeTergu gSs.1930

Tex A N O. 8** 80 Pao Co.TezAP By H dlv litg 61.1005lit gold 5s 20002d goldino. Si, Deo... 8000Bng trust Co otfi....

TolAOC litg Si 1035Weit'ndlv litg 5l... .1935General gold Si 1035Kan A M lit gu g 4i. ..1990

TolPeo A Wlitgold 41.1917T St LA KG Iitg8itr.l916Tor Ham A Buff litg 41.1946

U litar A Del 1st og 51.1028n Pao—BR A 1 gg 4sl94

Registered. ......1947OreRyANavlit 1 f g 6il909Ore BBANav oon g 4s. 1 946Ore ShortLlne lit g 6il922Utah A Nor lit 7i 1908Gold 5s 1920

Ore Bh L—litoon g Sl.1946Non-oum lno A Si. ..1946Non-ou lno B A ool tr1940

UnlNJBBACOo. SssPaRRUtah Central. See Bio G WUtah A North. SesOreSL,UtloaABlaokB. SuNYOentVor Val Ind A W. See Mo P.

lrglnlaMld. 8e4 South Ry.Wabash litg Si 1039

2d gold Si 1939Debenture series A.... 1039Series B. 1939

lstg SsDetAOh Bit.. 1941Des Moin Dlv Istg4s.l939StOhai Bridge litgBs.1908

Warren BB. 8m Del L A WWash Cent See Nor PaoWash OA W. Bee SouthernWestNYAPa litg Si. 1937Geng3-4i 1943Inoome Si.. ..April. 1943

Weit No Oar. Bee South By.Weit Shore. Ss*NY Cent.WVaAPitts. SesBAO.W Ya CentA P lstg 0s. 1911Wheel'gAL B 1st oon 4s.'491st g 5s. 1920Wheel Div 1st gold Ss.1928Bzten A Imp gold 5s. . 1030

WUkesABast. SmNYSAWWllABiouxF. SssStPMAMWinona A Bt P. SmOANWWliOent50-yr lstgen4s..'49STRBBT RAILWAY BON

Bklyn Bap TrgSs 1045Atl Av Bklyn imp g 5sl934BkCitylstoon 5s.l910.'41Bk Q Co A S oongu g 5|. .'41Bklyn TJn Bl 1st g 4-5sl950

City A 8 Ry Bait lstg 5s 1922Dan Con Tr Oo lstg 5s..1033Den Tram Cooon g 0i.l9ioMet Ry Co 1st gu g 0S.1911

Louis ByOo litoon g 5i.l930tfarket Bt O Ry lit g 01.191 Sstet St Ry gen tr g 5i. .10973wayATthAv lstc g 5s. 104 3Beglstered... ......1043

OolAOthAT 1st gu g 5s.1993Beglstered 1003

L«xAvAPFlitgugSi.*93Beglitered...,...."

MetW SKI (Chlo) lstg.4s. 1 038Registered. 1938

*il Kl RyA L 80-yr g Ss. 1926Klnn Bt Ry lit oon g Si. 1919It Paul City Cab. og Si. 1937Guaranteed gold 5s... 1987

Third At 1st gold Ss. . . .1987TJn Bl (Ohio) 1st g 5s....1945W Chlo 8t40-yrlitour5i.'2840-year oon gSs 1930GAB ABLHOTRIO LIGHT

Atlanta G L Oo lstg Ss.1947Bos TJ Gas tr otfs s f g Ss. .'89Bklyn TJ Gas 1st oon g Ss. . '45ChGLAOCo. SmPOAOOoColumbus Gas 1st g 5s. . 1988Oon Gas Oo. SmPQAOOo.Detroit City Gas g 5 1988Det Gas Co oon lstg 5s. . 1918Sd HI DJ Bkn. See K Co BLAPBd Bl 111. SeeNYG ABLHAPKlngsCoBl LAPgSs '87Purohase mon 6s 1997Bd BID Bkn-lstcon g 4s.' 30lstg Ss 1940Beglstered

5^**».2

M-SM-8M-SM-8M-8M-8M-8M-8M-r-M-t*F-AJ-J

J-J

J-D

A-OF-AA-O

M-eJ-DMoh.

J-JA-OJ-DA-0J-JJ-).J-DlJ-i:J-Jj-jJ-JJ-lF-AJ-JJ-JJ-JSep.:)

OOt.i

M-lsF-AJ-JJ-JJ-JJ -JA-O

J -JA-0Nov.

JS

A- (I

J-JF-A

J-JDS.A-OJ-JJ-JM-NF-AJ-DA-OJ-JJ-JJ-JJ-JF-AJ-DJ-DM-8M-8M-8M-8F-AF-AF-AJ-JJ-JJ-JJ-JA-OM-NM-NBONJ-DJ-JM-N

J-J

J- JF-A

A-OA-OJ-JA-OA-O

PriceFriday,Aug. 17.

Bid. Ask.

•Ill113111•105

110* Sale11088

•110

•115

100

•115114114*

•104

90

105

110

11511311399* 101

• 8581

*.'.'.'.'.'. ibo'100105% Sale

109102* Sale120115110112104

113

117* Sale101% Sale

33* 8ai*110 110%90Ill*

118* 119*93* 93*30 85

110 ...

86* 87%108* 110*103 ......98

89 Bale

103 104

VV • • • •

92* Bale

110*120

135*

•124"

98

115

123 124*•108* 111

D8.

115 116

10195*

Week'eRange orLast Sale.

Low. High.

102 Oot-'90

100" Jan."'09

110* 110*110 Aug'0087 J'ly'00117* J'ly'00

117 J'ly'00

112* J'ne'99114* J'ly'00111 Jan-'OO

1051120851*113*11299*9082130*99IC0105*105*110102125*121102112*10075*

Aug'00112

May'00Nov'99113U

J'ly '00

Aug'00J'ne'00

83J'ne'00Aug'99J'ly'00105*

J'ne'00Aug'00103*136%

Mar'09May'971125

J'ne'OOot.'90

117 117*101 101*02* J'ne'0032* 34100* Aug'0091 Apr'00HI May'00

118* 118*9S% 94*32* J'ly '00

113 Jan.'0987 87%109* 109*103 J'ly'0098* J'ly '00

88* 39

103* Aug'00110 Jan.'09110 Nov'9999 Aug'0092 02*

96 J'ne'00

100 Mar'98

110* HO*120 120

125 J'ly'00

125" J'iyV00

97" *97

106 Oct. '99109 OoV99118* Aug'00

124 J'ne'00109* Deo '99

99 Doo'97

91* Oet,'08115* US*

06 0509* Nov'99

97* OOU99111 May'99

No.

198

236

1130

245

422

132

85

19

•ii

RangesinceJan. 1.

Low. High

109 HI*108 11187 87114* 119

117 117

114*114*111 111

105 106110*11453 69

105 114*105 11295 108*84* 9078 84110 130*

108 107101*106*103* 105*110 110100* 104*125* ISO

110* 115*100 100

113 118*98* 10483 94*30 43*108 11291 9S*109* 118

110 12008* 95*22* 85

87107 HO?!00* 10598* 100

87 98*

101* 100*

98 10492 97

95 97*

116*180*118* 198*

122 186

128 125

95* * 98*

111 115

117* i«ii

114 118

94 100

•••tit ••

* Mo prtoe Friday; latest bid and asked this week, t Bonds due Aug. « Due July. IDueMaroh. T Due Jan. I Dae Nor. a These are option sales.

OUT8IDE SECURITIES (Givbk at foot of 7 oonsectjtivb pages).—FERRY & MISCELL'S.Ferry Companies.

loth A 23d Sts Ferry.litmort Ss 1919.,.JAi>

union Ferry—fltookIlt5i 1920 MAN

. Miscellaneous.Aoker,Mer A Con 6s 1903Amalg. Copper—See BoitAm Agrioul Chem—See rfAmer Bank Note Co ... 50Amer Bloyole—ComPreferred.Bondi Si MAfl

Bid.

70no533

i 95

98on LisCStODt 40

31*

Ask.

851088497

t.

Lilt607

8381

Miscellaneous. Par.

American Chicle Co..,,Preferred a

American GinningAmer Graphophone. . . . 10Preferred.... 10

Amer MutoscopeAmer Press Assoc *n.. 100American Screw 250Amer Shipbuilding ... 1 00Preferred 100

Am SodaFoun—Com. 100lit preferred ,100Bd preferred 100

Bid.

6872

t 10*t 11*

12001585

Aik.

6976

1112*3080

85100

843*10U

Miscellaneous. Par.American Surety 50Amer Strawboard....l00Bonds 6s FAAam Typefo'rs—Stock. 100Amer. Woolen—Com. ..

.

Preferred ,

Amer Wringer oom...l00Pref

Amer. Writing Paper....Preferred ,

5sAsphalt of Amer. Bu P

Bid.

80080*

1005418*69*

107118

21772

hila.ll

Aik.

20531

561370

41873*

St.

Mlicellaneona. Par.

Barney A 8m Car..... 100Preferred 100

Bergn ABngBr lit 8s...Bllis Company—Com.. 50Preferred 50

londAMort Guar... 100British Columbia CopperCelluloid Co 100Oent Flrew'rks—Com. 100Preferred 100

f And interest, t Price p

330 THE CHRONICLE -BOND PRICES (5 pages) Page 6. [Vol. LXXI.

BOND8.N. Y. STOCKEXCHANGEWeek Ending Aug. 17.

BqGasLNYlstoong5s..'S3Bq » A Fuel. S«P8tC Co.

Gas ABleoBergCo cong 5b'49

Gen Klec Co deb g 5s. . .1922Gr HapGLCo 1st g 5s.. 1915KC Mo Gas Co lstg 5b. 1922LacGas-LOoofStLilstgSs'^Mut Fuel Gas Co Se«PeopGasNYGBLHAP..g5s.l948Registered 194?Purchase mong 4s.... 194.)

Bd Bini 1st oonrgBs.. 1910IstcongSi 1»»5

Peo Gas AC lit gng6i.. 1904Sd gtd g6i 1904lstoonsolg6s 1943Refunding g5i 1947Registered .1947

ChO-Lft Oke lit gu g 5s 37ConGOoofOhlstgug5s'36EqG A FCh lstgug6s.'05Mu Fuel Gas 1st gu g 5. 1 947

Trenton G A BUst g 5s.l949Westn Gas Co eoi tr g 5s... 33GOAL A IRON BONDS.

CahOoalMln. SeeTCIARleart BltCoal. 8««NYCAH

Ool C A I 1st con g 8»- • -}?™Col A I Dev Co gu g 5i. . 1909Coupons off. 1909

Col Fuel Co gen gold 6s. 1919Col FAI Co gen if g5i.l943De Bardel CA I. See T C A I.

JeffA01earOAIlitg5il9268d» 5s 1986

RoohA PitCA 1 purm 5s 1 946Son Ok Coal 1st g s f 6s..l912TennCoalTDlT lstg6Bl917

Blrm D1t 1st oon8i. 1917Can C M Co lit gu g 6s.. '22

De Bar C A I Co gu g 6i.'10WhLBAPCCo lstg5i.'19MAN'F'G A INDUSTRIAL.Am Got OH deb g 8s... 1900

m Spirits Mlg Istg8sl915Am Thread 1 it col tst 4s 1 9 1

9

BarA8CarColitg6i..l942Grameroy Bug 1st g 6s.. 1929

PI Steel Co deb 5s 1910Non-oonv deben 5s... 1913

I it'l Paper Co 1st cong6s.'18Kntok Ice (Chto) litgSs.1928Nat 8tarchMfgColst«68l920Procter A Gamb 1st g 6s. .'40

Stan Rope AT Istg6s.l946Income g 5s 1946

UB BnyelCo 1st s f g6sl918B LeathCo • f deb g 6s.' 1

3

MISCELLANEOUS BONAdams Bx—Col tr g 4S.1948

mDkAImpSs. SeeCenNJBklnFerryCo 1st cong 5s'48

k'nWAWHlstSstrotfs.Chic Jo A StYd col g 5s.l915

Non-cum lnc 5s ....1907

Com Cable Co 1st g 4s. . .2397Registered.... 2397

S-3 Price Week's

No.

Rangev.,2 Friday, Range or since

««Aug. 17. Last Sale. Jan. 1.

Bid Ask. Low. Wiah. Low RiahM-S 180* ll5*Aug'00 .... 115* U5%

J-D .... 103*11094J-D 116* Aug'00 • . .

«

113 120*K-AA-OQ-F* 107 Aug'00 . • • • 106 111

j-nJ-DF-A

106 103 107 Aug'00 . • • > 103*110

9194 Sale 91* 9194 28 91 94*M-S 10894 109* 108* J'ly '00

IIP* J'ly'00*••« 108 110

J-

J

...» 11794 ISO

M-N 107 J'ly'00 • ••• 107 107J-D 103* 105 104 Aug'00 ... 103* 106A-O 128* J'ly'00 .... ISO* 187M-8 tllM ***••• 106 Deo '98

M-8J-

J

10744 108* 107 J'ly'00 • • • 107 109*J-D •105 107* 105 J'ly'00 . • * • 105 109J-

J

108 May'00 • • •

.

108 103M-N 108 J'ly '00 • • • • 103 105M-8 108 Deo '99 • • • •

M-N 105*J'ne'00 till 105* 105*

F-A 100* 103* J'ne'00 • • * • 100* 108*J-J 58 Feb '00 .... 58 58

M-N 108 Jan.'OO • • s * 108 103F-A • 91* 81X 9194 4 90 95*

J-D 107 May'97J-D 80 May'97M-NJ-DA-Oll 108 118105 ...... 105 Aug'00J -J 106 J'ly '00 • ••• 103 110j-n 105 Feb '00 • • »

.

105 105F-A 101 101 15. 101 109J-J 88 Jan.'00 .... 88 38

Qu-F 101 Aug'00 »••» 100* 104M-8 60 J'ly'00 •ft 68 85J -J Ittfltl •••*•» »•••• *•»•** *•

J-J 105 Jan.'OO • •• • 105 105A-O 8994 Feb '00 • • • • 8994 8994J-J 99 Jan.'99A-O 70 Apr '97 • • .

F-A 105 Sale 105 Aug'00 11 105 107*A-0 • 92 95 87* May'00 .... 87* 95M-N 10494 May'00 • . .. 10494 103J-J 113* J'ly '99F-A 69 69 11 68 84

e 10 10 10* 11 9* 34J-JlM-N 114 114 Aug'00 • ••• 118 116*1)8.

M-8 104* 10494 104 104* 16 108 105

F-A 8194 8194 5 8194 879675 76 76* 76* 10 71 84

J-Jr-j

8:3

111 Apr '00 .... 111 111

100 10196 101* May'00 * * » « 101* 108*104 Feb.'98

BONDS.N. Y.STOCKEXCHANGEWeek Ending Aug. 17.

Det MAM Id gr 3*s S A.191

1

ErieTAToeltrgsf5s...l926Gr RiT Coal A Cist g 6s. 1919Ha 3k Wat Reor 1st g 5s. 1926He 3d B Co 1st sfg6s... 1931HoiokenL Alg 5s 191CIron SteamboatCo6s...l901Mad SqGardlstg 5s... 1919Man BchHAL gen g 4s. 1940Met T AT 1st if g 58.1918

ut Un Tel Co. SeeWn Un.Newpt News SAD D 5s. 1990

NYANJTel gen g 5s oy '20N Y AOntLandlstg6s.l910NoWestnTeleg. 8e«West.Un.St L Ter Cupples 8tatlon APropCo lstg 4*s 5-20 yT'17

8 Yuba Wat Co oon g 6s. .'288p Val Wat Works 1st 6s. '06Vermont Mar 1st s f 5s. If 10West Union—Ool tr our 5s.'38Fd and real est g 4*. . i960Mut On Tel s f 'a 6s... 1911Northwestern Tel 7s..,. '04

U. S. GOV. SECURITIESUS 8s 30-year refunding!...U 8 3s registered....OptionalU 8 3s registered 1918U 8 3s coupon 1918U 8 3s reg small bonds. 19 18U 8 3i oou small bonds. 1918U 8 4s registered 1907U 8 4s coupon 1907U 8 4s registered 1925U 8 4s coupon , 1925D 8 5s registered ...1904U S 5s coupon 1904

t Prices ore made in the"

FOR'GN GOV. SECURITIES.U 8 Of Mexico s f g 5i of 1899

b These are prices on the

8TATB SECURITIES.Alabama—Class A 4 to 5.1906SmallClass B 5s 1906Class C 4s 1906Ourrenoy funding 4s... 1920

Dlstof Columbia—3-658.1924Louisiana—New oon 4s.. 1914Small

Missouri—Funding. ..1894-95Nortn Car—Consol 4s. ..1910Small.,..,6s 1919

8o Carolina—4*s 20-40.1933Tenn—New settlem't 3s. 1913Small

Virginia fund debt 3-3S.1991Registered6s deferred oertfs ,,,UNLISTED BONDS.

Atoh Col A Pao 6s tr otfs. . ..

Aton J Co A West 6s tr otfs.Kan City So 8s (wh issued) .

.

I!

A-OJ-JA-OJ-JM-8M-NJ-JM-NM-NM-N

J-JIM-NF-A

J-DJ-JM-8

J-JM-NM-NJ-J

(For

PriceFriday.Aug. 17.

Bid. Ask82*

110

107*

Q-Jbasis

J-J

J-JJ-JJ -JF-AJ-J

J-JJ-JJ-JA-OJ-JJ-JJ-JJ-JJ-J

»•• - « • • •

•109 118106*

daily rscord104 105100 ....109 10994109 10994

ioi" iio"115 116115* ial«138* 133*13S* 183*US 114113 114

stedDepartm

of Hve dollars

100 109*

109101102*188107*106*.

104

187*11594 Sale9890 90*

65* 66*

Week'sRange orLast Sale.

Low. HiaK.39* 31109 Oot»'9995*Jan.'97

113 Nov'99•<1H• • • I • • • • • •

•• • I tfl

25

118 Not'9990 Oot.'9P

101 Feb '97118* J'ly'00

iio* iio*10694 10694109 May'00

»«« seventh pa104 May'00100* Apr '00110 J'ly '00109* 109*

108* J'ne'bo115* 115*115* 11613S* J'ly'0018194 Aug'00118* J'ly'00113* 118*ent " for bond

b96* Aug'00to the pound.

109* J'ly '00105 Aug'98108 8ep.'98108 Jan.'OO

121 Apr '00108 108109* Feb.'99

108* J'ne'00

138 Feb.'98120 Mar'0094 9496* J'ne'008994 Aug'00

6* 696

66* Nov'9964* Not'9986 66*

•e p

i * • .

1

11

• • •

5s"v>

. » •

.

. . .

»

Rangstine*Jan. 1.

Low Biah19 40

• •••• ...tn.ii

•• .••• •••(••m

1 ••i'•••ti •••!

1I • IS

H

••••• i.tit

118* 118*

}09* il4*105* 10694109^ Ua*

ioi*To5100* 100*108JJ ltS"109 119*•'•'• •Mill108* llir*iu ir114 11818394 187]18194 1871189411-113* 11henistued.

096 97*

108* 116*

teat* mill108 101

181 181106* 108*

106* 10694

180 19094 991 985 9I6* 10

66 70

•No prioe Friday; these are latest bid and asked this week, t Due July * Due May. i Due April. I Bondi due January. T Due August. aThese are option sale*.

OUTSIDE SECURITIES (Given at foot op 7 consecutive pages).—BANKS & MISCELL'8.

Miscellaneous. Par,\

Ohataaugay Ore* Ir 6s '15

CHes A O Grain Bl—lnc

.

4s......Ohesebrough Mfg Co. 100Chicago A Alton RR 3s...

ChlcAAl Ry3*s .w.i.)

Com stock (wh Issued)Pref(when issued)...

Claflin (HB)-lstpref.lOOSd preferred 100Common—Se« St.Ex. list

Col A Hock Ccal A I, pfd.

lstg 5b 1917 JAJConsol id Car Heating. 100Ooniol Flrew'ki-Com.100Preferred 100

Consol Rubber TirePref

Corbln Cabinet Lock. 100Corbln (P. A F.) Co....25Cramps' 8h A Bn Bldg.100Diamond Match Co. . . 1 00Distill. Co. of America. .

.

PrefBleotrlo BoatPreferred

Bleotrlo VehiclePreferred ,

Empire SteelPreferred

Brie A Wfcstern Trans. 50Fidelity A Dep (Bait).. 50General CarriageGeneral Chemical 100Preferred 100

Gorham Mfg Co-Com.100Preferred 100

Havana CommercialPreferred

Heok-Jones-J Mlll-Pf.lOO1st 6s 1922 MAS

Her'g-Hall-Mar(as8t p'd).Preferred (aast p'd) 100

Uoboken Land A lmp't.0s

Illinois KleoVeh Trans. 10International Ulevat.100Internat'l Pump—Com. .

.

Preferred.Internat Silver—See Stk.

Do do pref.Do do bonds.

Inter-State Oil

Iron Steamboat ,100es 1901 JAJ

John B Stetson—Com. 100Preferred 100

Journeay A Burnbam.100Preferred 100

Lanston Monotype.... 20Lawyers' Surety 100Lawyers' Title Ins. ... 100Lorlllard (P)—Pref... 100Madison 8q. Garden— 1003d 6i 1919 MAN

Markeen CopperV.x Nat Construofn, pfdMlnnsap")!. Bmw 1st 7s.

Bid. AskSO 4518 1770 80S58 36594 94*60 9025 2968 78101 108101 103

80 4585 9050 6010 1055 655 7

30 35285

t 80 9076 80120 122

494 5; 19 30

18* 1680 8516 1940 608 11

35t 501 400

6 8*469 6095 981101208* 9*

88 4155

76 851030

110106

t 1* 194

19 80*6B* 66*

Kxoli. list.

85 371 98 98r>% 682* 4

4596115 180

890 3011* IS

105 110150 170100 101

6 7404* 88 10

119 116

Miscellaneous. Par- Bid A.ik

Monongahela River Coal.Preferred 50

Monongahela Water...25Mosler Safe Co 100National Carbon 100Preferred 100

Nat Bnamel'g A StampingPreferred

Nat'l Gramophone. ... 100National Saw—Pref.. 100National SaltPreferred

National Surety 100National Tube Se«NYStkNational Wall Paper. 100N. B. Blec. Veh.Trans..l0N Y Loan A Imp 100NY Biscuit 6s 1911.MASNew Jer Zinc A Iron.. 100N. Y. ELVeh. Transp.100Nicholson File Co 50Otis Elevator—Com.,,,Preferred........

Peck, Stow A Wilcox. .25Pennsylvania Coal 50Pitts Bess ALB 50Pittsburg Brewing 50Preferred 50

Pittsburg CoaL 100Preferred 100

Pitts Plate Glass.., ..100Planters' Compress ..100Pratt A Whitn—Pref . 100Procter A Gamble.... 100Preferred .1001st 6i—See Stook Bxoh

RoyBakPowpf ........Rubber Goods MfgPreferred

Russell ABrwln 35Safety Car Heat A Lt. 100SettcoAst Packing Co .

.

Preferred _.

Simmons H'rdw-Com.100Preferred 1002d preferred ,.,100

Singer Mfg Co 100Standard Oil of N J . . 100Stand Cnd'rg'dCable.100Sloss-Bheffleld Set StockSouthern Cotton Oil. . .608tandardCoupler.com.

,

PreferredBUt Isl R T 1st 6s' 1 3A AC)2d 5s 1926 J&J

Stlllw-Uieroe A 8m-V.100Stonige Power ,.,

Swift* Co 1001st 5s 1910-1914.. .JAJ

IBusq Coal 6s 1911 J*jTexas A Paolflo Coal. 100

1st 6s 1908 AAOTitle Guar A Trust... 100Trenton Pott—Com.. 100Preferred 1 00

Trow Directory-New. 100Uultn Copper ,,Union Bteel A Chain...,,.

t 10*t 4094t 41

"16*83167015

4166150dxoh62

70113*

6*t 63*38*86*

t 27410

t 21*t 88*t 48*88*80*168*1945

430202Hit.

9188*77

t 66115

100140100523534189Bxoh

t 684018S107950014

10010111575

4107*400

80060SS

10*414310017*81207680

4267180Hit.754

85

8*

2987*

21*229443*23*811638050

450no

922978781252560115150

80 6'

588190. list.

45

6516101*10412185

4077

5660

V

Miscellaneous*. Par.

Union Steel * Chain prefUnion Swltoh A Signal. 50Preferred 60

Union Typewr—Com. 1001st preferred... ..,.1002d preferred 100

U. S. Cast Iron Pipe.Preferred

Bid. Ait.

36t 42 43t 67* 73*87* 89109 111118 1338* **"

8394 30

Miscellaneous* Par,

U 8 Envelope—Com..100Pref 100

U 8 Glass—Common..100Preferred 100

Va. Coal Iron A Coke. 1005s 1949 MAS

Westlngh Air Brake. . .50Worthing. Pump, pfd.100

Bid.

8383*

1104*

87tl80105

668788*

640188110

Banks. Bid. Ask. Banks. Bid. Ask. Banks. Bid. Ask.

Brokers' 0/u otati on*. Brokers' Qu otabio ns. Brokers' Qu otati •ns.

Mutual* 140 ..... 300 . ...,iN. Y. CITY. Nassau* 175 36th Ward*.. 140Amerioa* .... 450 New Amst.*.. 675 125Am Bxoh.... 180 • , , «

,

NewYork Co. 1500 Wallabout*.. 105 ISO500 N Y Nat Ex.. 135

Bowery* 290 New York.... taeo Trust Cos.Broadway.... 240 34S 1 9th Ward*.. 100Butoh'sADr.. 80 8J 90 N. Y. CITY.

170 North Amer. 300500 • • • • • Oriental*.... 185 300 Atlantic Tr.

.

301* tChatham .... 300 310 170 ISO Bankers' Tr. 900

1000 400 130 Bowl'gGreen140 150 Peoples'* .... 380 CtLRltvBAT

Central Tr'st.350 300

895 340 100 no 1950 8OB0Colonial* .... 375 475 City Trust... 300 860Columbia*... 190

•60 875"Prod Bxoh*..Republic ....

185223*

180*

939Commeroe... Continental

.

376 •is*

Continental

.

1145 • *s •• Rlveriide*... 210 Farm Ln ATr 1400 I486Corn Bxoh*.. 345 365 Seaboard.... 290 Fifth Ave Tr 4S5Domes. Bxoh 108 800 Guaranty Tr 495 676Bast River.. 140 Seventh 180 Kniok'rb'ck'r 10011th Ward*. 150 .•••• Shoe A Le'th 100 100 Manhattan.. 350Fifth Ave*.. sl400 3900 State* 300 •**••« Mercantile .

.

800 ••*••Fifth 935 State of NY* 128 •••••• Merchants'.

.

30045-r3600 • • • • i 13th Ward*.. *•*• 110 Metropolitan 183

14th Street*. 145 165 83d Ward*... 100 MortonTrust 447* 1170 176 Union 8q*.... ass N Y L I A Tr 1875 I486

Gallatin 375 . * S • 1 West Side*.. 375 N Y 8eo A Tr 750 • ••«•

Gansevoort*. 60 1 • s • • • Western 115 North Amer. 900 4061700 Yorkvllle*.. 386 Produce Bx.. 186 L45

German Am* 130 130 Heal Mat Tr't 300 • !•••

German Bx*. *60 BR'KLVN. StandardTr't 310 • 1 •••

Germanla*..

.

375 Tr.Co.of Am. 334 807Greenwich*.. 166 Bedford*.... 310 330 Tr.Oo.ofN.Y. 800Hamilton*... 145 • • • • Broadway* .

.

J45 Untou Trust. 1300 1400Hano'r(new) • . • • . 135 Brooklyn* ... no USMtgATr. 400 470Hide A L'ath 120 * • s • 8th Ward*... 85 Unit. Stales.. 1600 tocoImp A Trad. 516 530 5th Ave*.... 100 no Washington. 390

184 L90 Klrit ..... )00heather Mfr. 810 Hamilton*... no* BR'KLYN.

310 Kings Co*.... 100Lluooln 775 . . * Mauufaot'rs. 860 Brooklyn Tr. 1416 ...••<

Manhattan*

.

365 480 Meohanloa*.. 300 Klatbush .... 160 •••.,

Market A Ful 915 130 Meoh A Tra*. 870 H>aukltn. .... 308 ..<<>Mechanics'.

.

300 410 Merchants'.

.

100 Hamilton.... 365Meoh A Tra* 96 383 Kings Co.... 340Mercantile .

.

190 * . • * . Nat City • "5 l.lsi L ATr. 350 •>•Meroh Bxoh. 185 130 North Side*.. • * . . • 170 Mauufaot'rs. 307 •

Merchants'.. 170 180 PeopleV .... 196 300 185s'ii"Metropolis*.. 550 Soberm'rh'n* 160 166 380

Mt Morris*.. 180 17th Ward*. no WlllUmsb'ffb 186 800

* Banks marked with an asterisk (•) are Stat* banks. I Purchaser also pay*aoornad Int. t Prioe par snare. Dais at tttoak axsh. or at suction this weak

August 18, 1900.] THE CHRONICLE. 331

Boston, Philadelphia and Baltimore Stock Exchanges—A Daily and Yearly Record.

Share Prices—Not Per Centum Price*.

Saturday,Aug. 11.

•846144•848187*186*

•1SS•136•39*•89«13S•36*•MX•78•11

848144

188'138*138I • 1 ••

3040k

18 51136*8378k18

•51* 51*•71 * 78

•80S 3056<* 64k•W8 98*8 6-16SO 5-16

•14 14*56* 69*7!* 7687 87

•••••I •••••••93 03*

88 8835* 86•75* 761* 1W

185" 185*117 117143 143*10* 10*306 308-60 63

•740 74316* 16*

•40 4308 0883* 33*•588* 8*97* 07*193* 134*•18 19m s*

19 10

4663 63•Bid and

Monday,Aug. 13.

948 948143* 143*949188 188126* 197*•135 136•135•39* 8040 40136* 135*•28* 35*38 33•76 76*•11* 1987* 87k01* 61*•71* 79

•908 90564 5-16 84k98* 08*•8* 8*

39* 11-16•14 14*B9* 69*76 76*37 8718* 16*

• • • • •

93

88*9676IN*

136*11714310*

30968

74318*54*480634*

IMMI08

88*3678

Hi134M116*14310*

30081*

•74116*•53*490834•639*

•07133*•18*8*

113*18*

9*07*134193*

11410

•45 46• 63asked prices

Tuesday,Aug. 14.

83* 33*848 940143* 143k•449188 188137* 137k185* 186

•39*•89*'186*35*•38*76

:87*

•SISi

64*98*•8*

80*•146076*87*16*

•••••• "iiii93* 03*

89 80*•85 8775* 781% Ifc

9040k

13635*937619

•••••53*7330464*98*8*

18-lf14*6076*87*16*

133*118*14310*

son6274516*54*•40*0634%58»W97*133*18*3*j

1T4•18

WednesdayAug, 15.

949 849*148 148

• 348188 188197* 188*184* 135k

•89* 3040 40136 13636 3638 26•76 76*1'* 11*•87* 8852* 52*•71* 78304 90464* 15-1608^ 08*8 11-16

14 7-16 14k60* 60*76* 76*37* 87*18* 16*

••••01 .•••«••98 93*

80 00•85 3876 76*1H 1*

134*lie*142lo*

31262

74516*54*419684%

"* 9*97*

124192*

11419

•45,

'...., 63no sale wa

133116143*•10*31263*

75016*54*41*9785*54e*97*134102*

114*19

Thursday,Aug. 16.

39* 39*949* 950149* 144

' 947189 190197* 198'185* 136

•99* 3040 40

137289376

187363376

•11* 18•87* 8861* 51*•71* 73204 80464* 6598* 98*8 e-16 8*

b•14 14*50* 60*76* 76*•87 87*16* 16k* • • s .•»«••

93* 93*

83* 89*35* 3675* 75kVA 1*

•88350144343188189*135135*?2*40

•186*25*•2376

87*"61*•71*'2046498

184*116k14310*

31663*

75016*54*41*9735*6410*97*

12419*3

114*19

•4563

made.63

124*118*143*10*

313•6174516*•34*410734*549*97*

134•18*3*

185k116*14310*

81564

75016*55*43*9735*541097k124193*

'18 19

•<5* ...

•63 ...

a 39 13-16

Friday,Aug. 17.

a90*•14•59*76*8716*

83350144*3461801371361363040

18788887611*38537830664*98*

90*14k59*^m8716*

98* 93*

88*25*75**'H*M

193*116*14310*

312•63

•74518*51*41•933453*9*

97*•12318*2*

114*•18

8025k75*2k

131*118*14310*

31363

75016*5«*439734*549*97*

125193

11519

45*•6330*

ACTIVE STOCKS.V Indicates unlisted.

Salesof theWeek.Shares

Railroad Stocks.American Railway* 1 (Phils.).... SOBoston A Albany ..(Boston). ...100

Boston Elevated, full paid . . " .... 100Boston & Lowell " ....100Boston A Maine. " ....10CChlo. Burl. A Qulnoy " ....100Chlo. Juno. A Un. Stook Yds. " ....100Preferred " ....100

Choctaw Oklahoma* Gulf.. (Phila.*.... 50Preferred " .... 50

Fltchburg, pref (Boston). ...100Lehigh Valley (Phila.) .... 50Massachusetts Eleot. Cos. T.(Boston)...,100Preferred T " ....100

Mexican Central " ....100Northern Central.....i (Bait.) .... 50Northern Paciflo (Phila.) ....10CPreferred. " ....10C

Old Colony (Boston)....10CPennsylvania (Phila.).... 50Philadelphia Traotlon " .... 50Heading Company " .... 501st preferred " .... 503d preferred " .... 50

Union Paciflo (Boston).... 100Preferred " ....100

Onion Traction, 917* paid. (Phila.).... 50United By A Bleo. Oo (Bait.) .... 50Preferred " ....50

West Bnd Street. (Boston).... 5CMiscellaneous Stocks.

Amalgamated Copper! (Boston) .... 100Amer. Agrioul. Chemical 1. . " . . . .100Preferred T " ....10C

American Alkali (Phila.).... 50Preferred. 910 paid " .... 50

American Sugar Refining 1. (Boston). ...100Preferred!.,, " ....100

Amer. Telephone A Tel.Co.T " ....100Asphalt Co of America...... (Phlla.)10 paidBoston A Montana • . (Boston) .... 25Butte & Boston " .... 10Calumet A Hecla " .... 35Cambria Steel, 84* paid. ...(Phila.) .... 50Consolidated Gas (Bait.) ....100Dominion Coal (Boston) .... 100Brie Telephone. ., " ....100Federal Steel. " ....100Lehigh Coal A Navigation... (Phila.).... 50Marsden CoT " ....100New Bng. Cotton Tarn, pref.(Boston)..,,100New England Telephone..,. " ....100Old Dominion CopperT... .. • " .... 25Philadelphia Eleo.T 3* paid (Phila.)..United Gas Improvement t.. " ..

United States OH (Boston) .

.

Welsbach Light T (Phila.)..Westtngh. Blectrlo A Mfg. . . (Boston) .

,

Preferred

.

31148

435,85800

••••••lOfe

43163035081010134

1,50

68,116485

1,4508,862500

3,09580)4U

1,947

Range of Sales in 1900.

Lowest.

b 39 13-16 30 3-16

50355

50«<

t Bz rights

88

379400159

9,688700

13,094639389

1,18378865038

4,38566

67048

1,295Si

8,70834299

50023,538

755100

loo

48 Mar. 8388 Mar. 15t95 Jan. 2;-

341 Jan. IS187 Apr. 1

119* Jan. 10131 Mar. 12123 Jan. 299 May 1580 May 15110 Jan. fi23* July 315 Jan. 475 Jan. 210* Jan. lb82* June 2848* June 2370* Juie 35803 Jan. 1363* June 305 Jan. 2

8 1-16 June3034 9-18Jan. 1013 Jan. 1044* Jan. 970* June 3535* May15* Jan. 884 Jan.01* May 20

81* Jan. 330 June 1i70 May 331* Aug. 18* Aug. 13

05* Mar. 9107 Mar. 8140 Jane 3H13* May U

351 Jan. 1842 Jan. 2

895 May 8914* June 3650 Mar. 536* June 3595 June 3229* June 3543 Jan.6* Mar. 896* July 16182 July 1814 Mar. 143 July 30

*107 May 1614* June 3140 Jan. 640 Jan. 1

61 Jan. 5t 850 paid in.

Highest

34* July 13384 July 17145* Apr. 98349 Apr.303* Jan.133* Apr.142 Apr.127 Feb.35 Apr.45 Jan.139* July29* Apr. _39 Feb. 1479* Feb. 1514* Mar.

100 Jan.82* Apr.77* Apr.300* May71)J Apr.00 Feb.

10 9-18 Apr

185385194887

193941315655544

33* Apr.17*Apr.80* Apr.78 Apr.40* Mar. 8119* Mar. 8037* May 894* Mar. 9

97* Apr. 935 Jan. 580* Mar. 318 Jan. 191* Jan.

137* Jan.118 Jan.156 May14* Feb.

330 &pr.85* Apr.

770 Feb.22* Feb.62* June 1851 Mar. 81122 Feb. 8857* Feb. 354* May 1813 Jan. 38103* Mar. 39140 Jan. V24% Apr. 46* Jan. 8

180* Jan. 1125 Jan. 850 Mar. 3748* Apr. 2566 Mar. 881 85 paid.

34

1019533

162

INACTIVE STOCKSRAILROADS.—Prices

Atl A Charlotte(Balt) 100Bos A Maine pf.(Bost) 10CBoston A Prov. " 100Central Mass... " 100Pref " 100

OornAPassum " 100Ooun Biver.... " 100OonsolTrPittsl(Phll) 50Preff " 50

(to South A Fla.(Balt)1001st pref " 1003d pref " 100

G'rmant'n Pass (Phil) 50Hestonv MAT" 50Pref 50

Inds Street " 100KG FtSAM..(Bost)100Pref " 100

Little Schuylk. (Phil) 50Maine Central. (Bost) 100Minnhul ASH. (Phil) 50Besanehon'g V. " 50North Perm.... " 50Pare Marqu'te.(Bost)100Pref. " 100

Phil Germ a N.(PhU) 50Rya Co General? "Seaboard w.L (Bait)Pref w. I. "

United N J.... (PhU)iOOCnPowA Trans " 35United Tr of P. " 50Pref ' 50

West Bnd pref. (Bost) 50West Jer ASS. (Phil) 50West N Y A Pa. " 50Wis Cent, new. (Bost) 100Pref " 100

Wor Nash A R. " 100MISCELLANEOUS.

Allouei Mtnlng(Bost) 35Amer. Cement! (Phil) ...

Areadian (Bost) 25Arnold Mining. " 25Atlantio Mln'g. " 85Baltic Mining.. " 85Beth Steel (Phil) 50Boston Bleo Lt (Bost) ionOam bria Iron. .(Phil) 50Canton Co (Bait) 1 00Centen Mining. (Bost) 25Central Oil " 85Con. Lake Sup. (Phil) 50Pref » 50

Danv.Bessemer " 5Dlam State St " 10Domln Coa 1 pf . ( Bost ) 1Bdlson Hi 111... " 100HeoCoof Ami. (Phil) 50franklin Mln'g. (Bost) 26•antral Sleet.. " 100Pref " ioo

GenBI Auto-MT(PhU) 50Ind-Bgyp ComT(Bost)100IntButHASM " 10CsleRojaleY.... " 86Manufac Rub.. (Phil) 50Pref « 50

MarylandBrew. ( Bait) 1 00Preferred. ,, " ioo

Msrgenthaler . . (Bost) 1 00M«t Tnlanhnna in

Bid. Ask.Aug. 17.128160 165300 80515 1662 65

160270 2758?*

37* 4999 9567k 72

1484978*

15 1880 85

i'eo

• •••• S8*55105*88 9457k 53*1543k i * * •

J* 8*84

870!•••• •••••

"ii« • • » •

inn113 113*

85

14 14*38 89

135 130

1 ik7*90* 314 4*

23 23k21* 32*15

17044* *• • •

70* 7817* 1815 15*30k6*ik3* ....

111 114205 2080k14 14*

135k 36*138 140

10

„8* 9k

30 29kik •

»k '«*13 18

186 188? 3*1

STOCKS BONDS

3e

f

2!

"id3:

3t3!

S<2.'

3525

1

MI8CBLL.—Concluded"JewBngGsAC t(Bost) . .

.

NewHavIA 8. (PhilNoAmG Dredg(Bost)Old Col Mining. "

Osceola Mining. "Palmetto Co.... (Phil)Parrott 811ACop( Bost)Penn Bleo Veh. (Phil)Pref "

Pennsyl Salt... "Pennsyl Steell. "PrefT " 100

Quinoy Mining. (Bost) 2Rhode IslMln.. (Bost)Santa Tsabel G "Susquel A ST.. (Phil)Tamarack Min.(Bost)TelepTel AC. (Phil)Tidewater St... "Torrington "A"(Bost)Pref "

Un Cop L A M'g "UnEiLAPowpf (Bait)Un Shoe MacL.(Bost)rreio. . • . . ....US Mining.... "USPHorseCoUPhti)Utah Mining.. (Bost)4-8.Warwick I A 8. (Phil) KWelsbach Comt " 10i

PrefT " 10(Westm rel Coal " 5(WlBonaMlnlng(Bost) 3£Wolverine Min. " 21

Bonds—Boston.Am Bed Tel 4s. .1908 JAATA8Fgeng4s.'95AA(.Adjustment g 4s. .190f

Boston Term'l 3*s. .104";

Bos Un Gas 1st 5s.' 39 J A.:

2d M5s 1939 JAJBurA Mo Riv ex'pt 6s.J A.Non-exempt 8s. '18 J A.Plain 4s 1010 JA.I

Ch Bur A Q 4s. 1922 FAAIowaDlv 4s. 1910 AA<

Chloago Juno 5s. 1 9 1 5 JA J

ChANoMgu5s.'31MA:ChlAWMgen5s.'31JAlCon. of Verm't 4s.' 13 JA 1

Curr't Riv 1st 5s.'27 AAiDGRAWlst4s.'46 AAiDomln Coal lst6s.'13M&rBast'n 1st M 6s g.'06 MAt-Fr BlkAM V 1st 6s '33 enoUnst'p'd 1st 6s.'33 AAt

Illln Steel oonv 5s.'10 JADebenture 5s.l913AA'

KCCA81st5sg.'25 AAdKCFtSAGlst7s.'08J&lK C F SAMoon 6s.'28MANK CM A B 1st 4s..'34 M&f-Inoome 5s

KCAMRyAB5s.'20 AA(K C St Jo ACB 7s.*07 JA.ILRookAFSlst7s.'05JALB AStLlstSs 1039Gen 4s 1043 Mi

MarH A Ont 8s...'25 AAOMex Cent 4s g.. 1011 JAJ

1steon Ino 3s g non-eum3d eon ino 3s non-cum.

Bid.

15

13

68H8*

1402kM8*

803

"e'k27*27*1

2§*83k8

'80*7*

• • • •• i

> * * » •

340*

i09

I 90*i 85*|ll4

i'45"{116*{104S100I100|l03{I 98{108*• 86i

i 075110*{.17J136*J136i 90{ 99i ....

51155U0*i 98k66

510551 55104

11195 70*35*12*

Ask

15*

468*

42

1493I

80 5*

38388

30249

8*1

'

• • • •

• • • • '

s * t • <

3*41*

100100861168050

Ml*97

103889308

vie"

too99k02

ill*00*66

117*

8026*13*

BONDSBoston—Conoluded.

NewBng congen5s'45JAJN B CotYarn 5s 1929FAANB Gas A Cist 5s.. 1937New Bng Tele 6s.*00 AAO6s 1007 AAO

N YAN Bng 1st 7s.'05JAJi»t mort 6s.. ..1005 JAJ

Rutland 1st 6s.. '02 MANTorrington 1st 5s 1018..

.

West Bnd St 5s. .'02 MAN4*s 1914 MARDeb 4s 1916 MANBonds—Baltimore.

Anaoostla A Pot 5sAtl A Ch 1st 78.1907 JAJAtlG-Llghtlst5sl917JADAtl Coast L otfs 5s . .JADBait Belt 1st 5S.1990MANBaltCPaslst5s.l911MANBait Fundg 5S.1016 MANBxohange 3*s.l03OJAJ

BaltAPlst6sml 1911AAO1st 8s tunnel 1911..JAJ

Bal Trao lst5s.l920MANExt A Imp 6s. 1901MASNoBaltDtv 5S.1042JADConv'rtlble 5sl906M&N

Central Ry 6s... 191 2 JAJConsol 5s, ...1932 MANExt A Imp 5S.1932MAS

Chas City Rylst 5s *83JA3Chas RyG A Bl 5s '99 MASChariCAA ext5s.l910JAJCltyASub lst5s.l922JADCityASub(Wash) lst5s'48ColAGrnv 1 st5-6. 1 17JAJConsol Gas 6s.. 1910 JAD5s 1939 JAD

Ga AAlalstpf5sl945AAOGaCarANl st5s g. 1030JAJGeorgiaPlst5-6s 1033JAJGaSoAFla lst5s.l045JAJGreater Seaboard ctfs. ...KnoxvTrao IstSs ' 28AAOLake R Bl lstgu5s'42MASMaryland Brewing 8s ...

.

MetSt(Wash) 1st 5s'25FANew Orl Gas 1st 5s...VarNewpNAOPlst5s'38MANNorfolk St 1st 5s '44. JAJNorthCent4*s.l025AAO6s 1900 AAO8s gold 1900 J&J6s 1904 j&jSeries A 5s 1926.... JAJSeries B 5s 1926....JAJ

Fltt Un Trao 5s.l007 JAJPotomVal 1 st 5s. 1 94 1J &JSeoAvTn(Pitts)5s'34JADSav Fla A West 5s '34AAOSeaboard loan oertf s . . . ,

,

Seab A Roan 5s. 1026 JAJU Bl .APlst4*s'89MANUn By A El 1st 4s'40.M ASIncome 4s 1949. . , .JAD

VlrgMidlst6s.l906 MAS2d series 8s.. 1911 MAS3d series 6s.. 1916 MAS4th ser 3-4-5s. 1921MAS5th series 5s. 1926 MAS

Va (State) 3s new.'33JAJFund debt2-3s.l901JAJ

Bid.

i

1103*I 64tlOO510351045110*5104i

51035

101lie*

109*

•se««.

104117k100k

104*96*105*118>,105*11-!*

iia'

103*

110102k»7*

11866

104k108*116*

120*.120*

93*

69k72

119183110113k* • e • • •

89*

Ask

10465

iMIII* I •

111*•seats••••••

sati05130

• ••••10597*

106*

113*« • e ••

104133*

10'8"

99*• • t • • .

87131

104'*

lu9*

s • t

95

00*73*

• • •••90

BONDS Bid.

116*lis

75

"99*

61105*

109*

113*118*

Baltimore—Conclu'oWest NCoon6s.l914JAWestVaCAP 1 st6g. ' 1 1JAWil A Weld 5s.. 1 935 JABonds— PhiladelphiaAlle Vy B ext 7s 1 9 1 AA<Asphalt Co 5s tr otfs. . .

.

Atl City 1st 5s g..*l 9 MArBalls Ter 1st 5s. 1926 JA1BergABBrewlst6s'21JAJB Boro Gas 1st 5s.'38M

A

Cambria Iron 6s.l917JA 1

ChesAD Canlst5s.'16 JAChocOkAGgen 5s'19JA.Cit's'8tRy(Ind)oon 5s.'3:Colum 8t Ry lstcon 5s.'3ConTraoof NJlst5s..*8.DelABBklst7s.'05FA/i

BastAA 1stM 5s. '20 M&fBdlson Bleo 5s stk tr ctfsBlecA Peop's Tr stk tr otfBlmAWllm 1st 6s.' 10 JA •

Income 5s... .3863 AA<Bq 111 Gas-L Istg5s.l92hHestonvM A F oon 5s.'24HA B Top con 5s.'25 A t<Indianapolis Ry 4«..1.93:K C Sub B 1st 6s..'20 JAILehigh Nav 4*s. .'14 Q-JRR4sg 1914 Q-*Gen M 4*s g.. 1924 Q-l

Leh V C'l lst5sg.'33 JAJLeh Val ext 4s. . 1948 JAI2d 7s 1910 MArConsol 6s 1923 JALAnnuity 6s JAD

New'kConGaa 5s '48JADNewark Pass oon 5s.l93CNYPhllANorlst4s '39JAJIncome 4s ... 1 089 MAN

No Penn 1st 4s..'36 MAMGenM7s 1903JA.

Penn gen 6s r... 1910 YaiConsol 6s 0.... 1905 VaiConsol 5s r. . . . 1919 Yar

Penn A Md Steel oon 6s.

.

PaANYCan7s..'06 JAICons 5s 1939 AAOCons 4s 1939 AAc

Penn Steel lst5s.'17 MA^People's Tr tr certs 4s.'4:Phila Bleo gold trust otfsTrust certfs 4s

PhAEr genM 5g.'20 AACGen M 4s g. .1920 AAC

Ph A Read 2d 5s.'33 A&.Consol M 7s. .1011 JAXCon M 6s g... 1011 JAIExt Imp M4s g.'47 AAiCon M of '83 is.'37 JATerminal 5s g.1041 Q-*

PWil ABalt 41.1017 AA<-Collat trust 4s. 1 93 1 JA

I

Pitts CASt L 7s. 1000 FAARead Co gen 4s, 1997 JAJRochester Ryoon5s.l93CSohRESidelstSs g'35JADScran Trao 1st 6s 3SMANUnion Term'l 1st 5s.FAAUnited N J 4s.. 1044 MAS 116UnTracPlttsgen6s'07JAJ U3*{And Interest. 191*5•Price inomdes overdue eoupo

Aak.

89 130•••«

75•••«119106108103*117ISO182*138*103116

80

109*136113

'91*117110*

IC7103*70

131109127129*

116*Mill!

••MM

9f49l• ••••• •••I

110• ••ft)

• ••88• ••88

108X

• ••9138

tsa

85

» • 1 >•

•9949 998

• •889

• •999• ••••• •••9

• •••9

108*104*134*

108*

108k110

...If

. . I

107

paid,ns.

332 THE CHROiNJCLE. [Vol. LXXI,

Imrjestmjetti ku& %%xIxok& %utjdliQmt£.

RAILROAD EARNINGS.The following table shows the gross earnings of every Steam railroad from which regular weekly or monthly returns

can be obtained. The first two columns of figures give the gross earnings for the latest week or month, and the last twooolumns the earnings for the period from January 1 to and including such latest week or month.

The returns of the street railways are brought together separately on a subsequent page.

ROADS.

AdirondackAla. Gt. South..Ala. Midland...Ala.N.O.ATex.N.O.AN.E...Ala.AVicksb.Vicks.Sh.AP.

Allegheny Val.

.

Ann ArborAn.Was.ABal..Ark. Midland...Atch.T.AS.Fe.AtlantaAChar.Atl. Knox.ANoAtlantaAW. P..

At.Vald'ata&WAustin AN'westBait. & Lehigh.Bait. & Ohio..)B.&O. Bou'w. S

Bang'r&Aro'e'kBatnAHaui'ndsBellefonte Cen.Benn.A Rutl'd.Brunsw'kAW'stBuff.R'oh.APittBuffalo A Susq

.

Bur.C.Rap.AN.Canadian Pao.

.

Cedar RapidsGarnerA N'w.

Cent, ofGeorgiaCentral N. E....Central of N. J.Central Pacific.Oharlest'nASavOhattan'gaSc..Ches. &Ohio....Chic. & Alton.

.

Ohio. Bar. AQ..Chlo.& East. 111.

Ohio.Gt.West'nChic.Ind.AL...Chlo.Mil.ASt.P.Ohlo.AN'thw'n.Ohic.Peo.ASt.L.8t.L.C.&8t.P.

©hio.R'kl.AP.Chlo.8t.P.M.&0Ohlo.Ter.Tr.RRChoc.Ok.AGuliCin.N.O.AT.P.Cin.Ports.&Vir.C1.0.Ch.&8t.L,Peo. & East'n.

01.Lor.A Wheel.Col. Midland....Colorado A 8o.

.

Col.New.&Lau,Col.Sand'yAH.Cornwall &Leb.OumbTd ValleyDenv.ARioGrDenverA8o'w'nDet.&MaoklnacDuluthS.S.AAtlE. 8t. L. ACarElgtnJol.AEastKrleEv'ns.AInd'plisEvansv.ATH.Find. Ft.W.&W.Fla.Cent.&Pen.Ft W.A Den. OFt.W.ARloGr..Gads. &AU.U.Georgia RR.. .

GeorgiaA Ala.Geo. So. & Fla..Gila Val. G.&N.Gr.Tr'nkSyst'mDet.G.H.AM

GreatNorth'n—8t. P. M. & M..East of MinnMontana GentTot. system.

G'lfB'mntAK.CHooking VaUeyHous.ATex.CenIllinois CentralInd.Deo. AWestInd. 111.&IowaIm.AGt.N'rth'ntlnteroo. (Mex.)Iowa Central.Iron Railway.Kanaw'aAMlohK.O.F.Bc'ttAM.K.O.Mem.A Blr.

Kan. C.N. W...Kan. CityA Om.Lehigh A Hud.

.

Lehigh Val. RR.Leh. V.Coal Co.Lex'gton&East

Maylstwk AugMayPao. June.4thwkjuly4thwkJuly4thwkJulyJune2d wk AugMayJuneJuneJuneJulyJuneJulyMayJune

lstwk AugIthwkJulyJuneJunelstwk Auglstwk Auglstwk Aug2d wk Augtune

Latett Oross Earnings.

Week or Mo CurrentTear.

July

JuneJuneMayApril....May2d wk AugJunelstwk Auglstwk Aug

Aprillstwk AugJuneJune.......May

July

June.......Junelstwk AugJulylstwk AugJulylstwk Auglstwk Auglstwk AugJulyJuneJunelstwk AugJuneJune2d wk AugMayJune4thwkJulyJulyJulyMaylstwk Auglstwk AugJune3dwk Mar.June2d wk AugJulylstwk AugJuneJulyJunelstwk Aug4thwkJuly

JulyJulyJulyJulyMaylstwk AugMayJulyMarchMaylstwk AugWkJuly2blstwk AugJulylstwk Auglstwk AugI stwk AugJuly4tkwkMayJulyJuneJuneJune.

13,55734,93268,909

52,00021,00019,000

284,10120,6724,5777,393

3,846,136164,19038,82147,08515,10612,83011,719

3,542,931

110.5431,6303,934

23,35257,433

108,72346,38284,935

565,000

2,572110,79555.774

1,363,2171,420,707

63,9572.479

407,390696,159

3.994,910109,143125,04773,361

749,5953,688,173

90,174,

2,001,490788,46527,698

*236,00088,16135,423

310,14636,62543,750174,177375,61110,92021,30326,81698,881229,200209,98888,92089,04912,645

152,4913,151,117

6,21126,6617,700

50,157127,468

5,6261,411

28,30393,23696,17737,303

463,86125,686

1,723,399366,256174,192

2,263,84722,57186,975

234,3202,528,975

59,84699,53558,76366,20043,9034,845

15,409108,99430,12281,5537,855

88,7512.265,0771,823,506

35.135

PreviousTear.

14,12336,41068,168

50.00022,00021,000

265,71428,5214,8327,485

3,219,914171,47034,28645,49910,20911,00410,407

3,800,835

86,7971,6592.229

18,80753,31392,52957,83381,871

519,000

1,73499,05964.508

1,250,6561,412,911

70,9161,681

336,130543.817

3,761,825106,877101,28078,130

729,2713,635,305

103,658

1,772,530860.08323,243

*102 00090,25628,540

303,46939,64641,903

147,811325,83410,03917,17420,10386,887

193,400183.51666,57384,61311,920

153,6582,992,759

7,55027,01910,26049,832

121,3287,3971,096

26,00588,51992,85234,466

444,16828,927

1,819,263274,245172,522

2,266,03025,67574,570

231,7102,381,790

46,41686,10258,20564,20043,2445,403

10,14897,73923,63527,3486,252

40.6182,074,5191,551,704

22,477

Jan. 1 to Latest Date.

CurrentTear.

74,7391,174,156405,054

1,090,217416,476354,514

1,636,7511,026,503

28,54848,925

22,703,8801,192,295236,951340,563122,47962,77965,027

24,825,371

10,83020,39783,457

275.9763,408,555298,682

2,678,42217,174,798

12,7413,562,682312.036

7,889,5916,736,941357,85460,376

7,696,346

22,023,7432,985.1863,873,1052,406,20523,965,41020,066,048

798,248

10,994,7324,501,722763,864

1,375,6343,028,914207,993

9,803,5001,403,6711,293,353-1,281,2592,043,879

89,589666,035153,887466,907

6,296,7251,049,494477,177

1,486,71393,945

1,144,19514,606,965

188.361809.06747,282

581,936728,394268.089

8,599973,093645,476690,690192,807

13,150,795531,455

12,242,4612,026,4491,096,444

15,365,354109.473

2,667,7551.339,161

18,759.978161,126496,906

2,050,1072,353.1001,270,100

41,135478,076

3,297,3581,008,114213,43997,350

278,26712.122,2648,516,265170,417

PreviousTear.

77,8421,089,978320,878

922,059396,012363,568

1,444.163957,56519,06960,938

19,425,8681,053.445214,134297,67554,73753,09458,503

20,374,395

10,90711,70172,022

251,1562,250,218352,492

2,641,24915,592,937

10,5173.141,403339,851

6,771,4596,380,909330,32844,903

6,802,295

20,077,2312,710,5263.483,5732,117,608

22,856,32918,499,375

685,407

9,602,0534,595,866741,165*930,4022,708,398167,711

8.494,3811,129,4791,020,912931,831

1,804,50779,224

442,604107,832410,823

5,433,868796,799360,564

1,274,22079,493

1,016,32213,157,726

203,421792,56848,804

556,476725,395277,036

5.383918,890583,820560,089216.126

12,320,915532,062

10,714,8681,379,9861,082.756

13,177,610113,223

1,825,2341,268,497

16,096,725129,490425,121

2,091,2372,276,2001,255,375

83,004370,670

2,785,964840,827177,50992,586

283,32510,376.2707,957,700113.682

ROADS.

Latest Oross Earnings.

WeekorMo

LonglslandRR.Long Is. SystemLosAug. Term.Louis.Ev.<feSt.LLou. H.& St. L.

.

Louis. ANashv.Macon A Birm..ManistiqueJMexioanCent.Mexloanlnter'l.JMex. National.Mex. Northern.}Mexican Ry...Mexican SoMinne'p.ASt.L.M.8t.P.AS.St.MMo. Kan. ATexMo.Pao.AIr'nMCentral Br'ohTotal

Mob.Jao.AK.C.MobileA Ohio..Mont.AMex G'fNash.Ch.A8t.L.Nevada CentralN.Y.C.AH.R..N.Y.Ont.AW..N.Y.Susq.AW.NorfolkA West.North'n CentralNorth'n Paoiflo.Ohio RiverOhio Southern.Oreg.Sh.Line...Pao. Coast Co...Paoiflo MailPennsylvania}

.

Pere MarquettePeo. Deo. A Ev.Phila. A Erie...Phil. Wllm.AB.Pitts.C.O.ASt.LPitts.Bes.AL.E.Pitt. Ch.AYny.Pitts.Lisb.AWnPitts. Sha.ANo.Pltts.AWest'n..Pitts.Cl.ATol.Pitts. Pa. A F.Total system

.

Reading Co.

—

Phil. A Read.Coal Air. Co.Tot.both Co's.

Rioh.Fr'ksbAPRio Grande Jot.Rio Grande So.

.

Rio Gr'de West.St. Jos. A Gr. I.

St.L.Ken'etASoSt.L.Van.AT.H.St.L.ASanFran.St.L. SouthwestSt.PaulADul...Han. Ant. & A. P.8anFran.AN.P.S.FePres.APh.Sav.Fla.AWest.Sher.8hrev.A8oSil.Sprs.O.AG.So. 0.A Ga.Ext.So. HavenA E..So. Miss.A Ark.So.PaoifloCo.6.Cent. Pacific.Gal.Har.AS.ALouls'a. West,Morgan'sLATN.Y.T.AMex.Tex.AN.Orl..Bo.Pao.ofOal.So.P'o.ofArlz.So.Pao.ofN.M

Southern Ry....Stony01.AC.MtTerreH.AInd..TerreH.APeor.Texas Central.

.

TexasA Pacific.

Tex.S.V.A N.W.Tol.AOhioCent.ToLP.A West..Tol.8t.L.AK.C.UnionPao. RR..WabashW.J'rseyASea'eW.V.Oen.APltt.Western of Ala..West.N.Y.APa.Wheel.A L. ErieOlev.C.ASo..Total

WlsoonsinOent.Wrlghtsv.ATn.YazooAMiss. V.York Southern.

July•ulyJulylstwk Auglstwk Auglstwk AugJulyJuly _.

lstwk AugJune1 stwk AugMayWk July284thwkJ ulyl stwk Auglstwk Auglstwk Auglstwk Auglstwk Auglstwk AugWkAug.llJulyJulyJulyJuneJulylstwk AugMaylstwk AugJunelstwk Auglstwk AugJuneJuneAprilJun6June4thwkjuly4thwkJulyMayJuneJunelstwk AugMayJuneApril3d wk July3dwkJuly3dwk Julylstwk Aug

OurreniTear

MayMayMayMayJunelstwk Aug2d wk Aug4thwkJulyJulyJulylstwk Auglstwk AugMayMayJuly4thwkJulyMaylstwk AugMay.....JulyJuneJuneJuneMayMayMayMayMayMayMayMayMay4thwkJulyMayJulyJulyJulylstwk AugJune2d wk Auglstwk Aug3d wk JulyJune2d wk AugJuneMayJune4thwkJuly2d wk Aug2d wk Aug2d wk Aug2d wkMayJuneJulyJune

562,957639,84919,50537,77312,372

499,4756,940

10,727241,541439,468140,75656,24085,50016,83754,07272,168

231,981565,00027,000

592,0002,318

e483,200115,381547,759

4,2054,580,047104,560162,189275,279652,102

<«617,15533.59049,911

794,186366,348298,279

7,192,835207,99323,161

552,5401,018,2171,528,787

70,01017,1394,809

43,87335,20620,00210.11068,726

2,329,2421,817,8014,147,043123,04050,99610,61194,20035,7558,051

157,702166,965108,898137,939147,889103,62528,325

350,6087,287

30,05318.7425,499

12,2155.085,4101,420,707513,016107,682552,84322,329

172,9801,390,265302,565174,441790,467

2,160122,92488,59728,071

126,3467,000

60,47021,73337,225

1,898,383330,182326,324133,71454,045

114,10037,91119,80957,720

103,404!11,455!

296,4237,438

PreviousTear.

569,801641,26017,24236,70411,645

489,9804,4929,974

293,908381,459125,05066,58682,20016,96550,27282,150

222,524482,00023,00d

505,0001,731

e480,700102,088484,807

1,9184,435,407101,437183,647232,723584,502556,76729,39546.799

711,182407,334296,113

5,766,735177,79125,610

454,476945,817

1,457,38957,80418,1964,088

Jan. 1 to Latest Date.

Current PreviousTear. Tear.

38,38821,10410,66268,997

1,899,7021,449,5703,349,272112,50538,6039,771

76,00042,6099,001

157,901138,76799,260

154,461136,50899,64423,495

323,0745,182

29,03415,7204,2229,867

4,824,4401,412,911560,168109,694570,53620,524

164,4851,270,487301,697177,927725,504

2,371132,74947,70218,967

128,2245,000

39,94318,55142,036

1,762,754318.340291,124116,00449,634

119,00036,08414,34050,421

114,07810,462

821.4636,415

$2,491,1782,634,120

86,6721,150,234375,493

16,264,07147,77374,921

10,543,6792,672,02?4,810,006260,427

2,688,700511,103

1,611,5092,828,4766,632,09116,737,032

755,51817,492,550

78,615e3,374,194

812,1083,780,6b9

16,97030,611,8292.833,068970.207

8,579,9953,799,894dl7050625

793,255402.954

4,158,6201,462,3061,942,820

40,821,3114,435,115524,544

2,074,9235,439,1119,383.5141,273,972

76,58429,003

179,6921,184,679688,914263,246

2,346,982

10,699,7518,916,958

19,616,709436,307243.139305,778

749,81755,551

1,086,7414,684,2123,262,090625,891722,310528,623590,820

1,993,829207,542122,312147,12520,51981,546

29,977.8586,736,9412,550,491566,135

2,742,727109,298830,356

7,041,8491,682,874861,478

17,770,2217,074

902,761269,033183,684

4,760,73446,580

1,529,367637,550965,729

10,531,8269,787,5021,401,152892,667364,382

2,075,5561,186,490509,783

1,685,7513,253,328

79,5942,60'.>,86S

42,774

S2,476,9462,625,502

65,216975,050339,049

14,529,88635,30652,255

9,037,8832,275.7924,136.264855,059

2,642,800455,865

1,549.5432,381,9506,177.37815,193,087

663,23315,856,370

42,5026 2,756,971

728,8503,368,087

10,70928,154,2752,724,921932,001

7,107,5753,148,19414,678,991

616.819346,224

3,604,8641,493,5191,815,303

33,148,9113,965,680464,332

1,658,2964,995,0118,116,259909,27063,00322,854

1,038,675542,358223,143

1,980,041

8,989.9299,087,149

18,077,078378,115174,900268,276

740,30552,939

994,1614,217,2013,150,130637,279662,037513,996510,447

1,565,247182,008133,220126,25915,97355.098

27,571,5246,380,9092,350,257597,625

2,815,317102,669798,058

5,903,1291,454,500824,501

16,723,2316,427

807,980228.357150,376

4,444,38428,650

1,133,017564,409

1,038.1709,296,1848,875,9421,224,252515,639323,293

1,938,058978,293432,462

1,410.7553,193,532

62,1162,473,724

37,200

• Figures from June 1 are for the railroad only. $ Mexican ourrenoy. 5 Covers result* of lines directly operated east of Pittsburg,t Includes Chesapeake A Ohio Bo'western, Ohio Valley and Chioago and Texas for both years.b Does not Include the Austin A Northwestern, the Ban Antonio A Aransas Pass or Houston A Texas Central system.• Results on Montgomery Division are lnolnrte\ tn 1900. but not for 1899d Includes St. Paul A Duluth from July 1, 1900.

August 18, 1900.] THE CHRONICLE. 333

Latest Gross Earnings by Weeks.—The latest weekly earn-

ings in the foregoing are separately summed up as follows:

For the first week of August our statement covers 58

roads and these show 5"?8 per cent increase in the aggre-

gate over the same week last year.

1st week of August. 1900. 1899. Increase. Decrease.

Alabama Gt. Southern...931,932 35,410

9 91,478

29,009101,931

27,48992,528

1.5209,403Buffalo Koch. & Flttsb'g.

Bnxl. Ced. Rao. & North. 84,985 81,871 3,114565,000 519,000 46,000

Central of Georgia 110,795 99,0 <>9 11,736Chattanooga Southern .. 2,479 1.681 7.98

Chicago & East. Illinois. 109,143 106,877 2,266125,047 101,280 23,767

Ohio. Ind'plis & Louisv.. 73,361 78,130 4,769Ohicatro Milw. <fc St. Paul 697,147 762,298 65,151Ohio. Term. Transfer 27,698 23,243 4,455Cin. N. O. & Tex. Pac 88,161 90.256 mm 2,095OJ«v. Cin. Ohio. & St. L.. 310.146 303,469 6,677Peoria & Eastern 36,625 89,646 mm ~ . . „ _

.

3,021Clev. Lorain <fe Wheel'g.. 43,750 41.903 1,847Col. Sandusky & Hook'g. 21,303 17,1^4 4,129Denver & Rio Grande... 216,300 166,700 49.600Evansv. & Indianapolis. 6,211 7.550 mmmm . mmm 1,339Evansv. <fc Terre Haute. 26,661 27,019 358Ft. Worth & Rio Grande 5,196 7,709 mm-* -- 2,213

28,303 26,005 2,298

19,693463,361 444,168Det. Gd. H. &M 5

86,975 74,570 12,405558Intern'l & Gt. North'n . .

.

58,763 58,20543,90315,409

43,24410,148

6595,261Kanawha & Michigan...

Kan. City Ft. 8. & Mem.. 103.994 97,739 6.255Kan. City Mem. & Birm. 30,122 23,635 6,487Iiouisv. Evansv. <% St. L. 37,773 36,704 1,069Louisville Hend. & St. L.

.

12,372 11,645 727Louisville & Nashville .. 499,475 489,980 9,495

241,541 293,908 . . _ m 52,367140.756 125 050 15,706

Minneapolis & St. Louis. 54,072 50,272 3,800Minn. St. P. &8. Ste. M.. 72,168 82,150 9,982Mo. Kansas & T«xas 231,981 222,524 9,457Mo. Pacific & IronMt... 565,000 482,000 83,000

27,000 23,000 4,000Mob. Jackson & K. City.

.

2,318 1,731 587N. Y. Ontario & Western 104,560 101,437 3,123

275,279 232,723 42,556617,155 556,767 60,388

Ohio River............... 33,59070,010

29,39557,804

4.19512,206Plttsb.Bess. & L. Erie... mmma

68,726 68,997 271Rio Grande Southern.... 10,611 9,771 840

166,965 138,767 28,198t. LodIb Southwestern.. 108,898 99,260 9,638Bherman Shreve. & So... 7,237 5,182 2,055

126,316 123,224 3,122Toledo & Ohio Central... 54,666 35,327 19,339Toledo Peoria & West'n.. 21,733 18,551 3,182

315,936 298,465 17,471Wheeling & Lake Erie. .

.

41,800 34,650 7,150 •«• •••Olevel'd Canton & So.. 22,476 14,340 8,136

Wisconsin Central...— .. 103,276 114,105 .... ... 10,829

7,581,230 7,166,735 568,368 153,873Wet increase (5'78 D.Q.I.. • - 414,495

For the fourth week of July our final statement covers

73 roads, and shows 8*16 per cent increase in the aggregate

over the same week last year.

ith week ot July. 1900. 1899. Increase.

i

Decrease.

9 9 9Previously rep'dt63 r'ds) 12,506,522 11,542,500 1,116,598 152,576Ala. N. O.A Tex. Pac—New Orl. & No. East... 52,000 50,000 2,000Ala. <fe Vioksburg ...... 21,000 22,000 1.000Vicks. 8h. &Pao 19,000 21.000 2,000

Chattanooga Southern... 3,347 2,333 1,014 .•»• ...Cin. N. Oris. &Tex. Pac. 147.338 143.838 3,530

66,200 64,200 2,00085.500 82,200 3.300 mmmm . .

Mexican Southern 16.837 16,965 128Bherman Shreve. & So.., 10,001 9.156 845Texas Central... 7,186 5,356 1,830

1,131,117Total (73 roads) 12,934,961 11,959.548 155,704Netinorease '816 n o.)„ 975 413

Net Earnings Monthly to Latest Dates.—The following

shows the gross and net earnings to latest dates of all Steamrailroads furnishing monthly statements. The compilation

includes every road from which we can get returns of this

character, and in that form is given once a month. Early re-

turns are published fromweek to week, as soon as issued, but

for the convenience of our readers all the roads making re-

turns are brought together here in the week in which we pub-

lish out monthly article on net earning?— say on or about the

20th of the month. Besides the roads »urnishing monthlyreturns, we have added the roads this time which makequarterly returns.

The returns of the street railways we give by themselves

wider a separate head at the extreme end of these tabulations—see page 337.

.—Qross Earnings.—

«

Current PreviousYear. Tear.9 9

13,557 14,12374,739 77,842

Road*.Adirondack.*. May

Jan. 1 to May 31

, Net Earnings. .

Current PreviousYear. Year.9 9

def. 683 1,16920,749 26,870

—Oross Earnings.-Current Previous

Roads.

Alabama Gt. So'th.aJuneJan. 1 to June 30July 1 to June 30

—

Alabama Midl'nd bMayJan. 1 to May 3i....July 1 to May 31—

Allegheny Valley.b.JuneJan. 1 to June 30

—

Annap.Wash. &Bal.MayJan. 1 to May 31—

Ann Arbor.b JuneJan. 1 to June 30

Arkansas Midl'd.b.JuneJan. 1 to June 30....

Year.9

154,070990,283

2,092,448

68,909405 054872,758

284,1011,636,751

4,57728,548

148,683846,655

7,39848,925

Year.9

163,134896,502

1,816,523

68,168320.878755,381

265,7141,444,163

4,83219,069

130,745781,171

7,48560,938

—Net Earnings.—

.

Current PreviousYear.945,313

26^,695636,624

def. 11,66472,0 1

2

187,025

83,187477.722

1,70610,700

16,672161,950

1,254def.7,778

Year.952,221

241,609570,338

1091215,547106,607

96,025525,921

8792,890

30,495226,909

def.9,864def.2,867

itch Top AS.Fe.b June 3,846,136 3,219,914 tl,584,983 11,191,693Jan. 1 to June 30. ...22,703,880 19.425,868 9,367,898 6.^17,537July lto June 30. .. .46,232,079 40,513,499 U8710.579 112906,817

Atl. Knox. <fe No. . . JuneJan. lto June 30

Atlan. & West Pt.b JuneJan. 1 to June 30July 1 to June 30

Austin <fe Nortw'n .bMayJan. lto May 31

Balto. & Lehigh— JuneJan. 1 to June 3oJuly 1 to June 30....

Bait. <fe Ohio.fo July

34,276198,130

47,085340,563702,171

12,83062,779

11,71965.027

147,874

33,166179,848

45,499297,675606,663

11,00453,094

, 10,40758.503

135,389

8.16942,442

10,958103,047267,705

def.1,079def. 13,079

2,98515,64746,052

6,71731,727

13,48697,612

238,128

def.64def.6,663

1,6397,367

32,131£3,542,931 13,300,835 1916,148 {1,155,274

Jan. 1 to July 31.... 124825371 120374395 t7,956,544Bait. & Ohio 8. W.b June 581,798 547,134

Jan. 1 to June 30... 3,460,093 3,177,437July 1 to June3».... 7,211,914 6,873,275

Bangor &Aroost'k.. June 110,543 86,797Bath & Hammonds.June 1,630 1,659

Jan. 1 to June 30 10,830 10,907July lto June 30... 39,115 37,483

Bellefonte Centr'l.aMay 3,934 2,229Jan. 1 to May 31 20,397 11,701

Boston & Albanyb—Apr. lto June 30.... 2,471,963 2,404,524Jan. 1 to June 30.... 4,682,158 4,544,078

Boston & Maine b—Apr. 1 to June 30 5,507,298 5,238,567Jan. lto June 30.... 10,400,710 9,524,774

Boston Rev. B. & Lynn-Apr. 1 to June 30 93,808 76.228Jan. 1 to June 30 159,743 128,604

Bridgton & Saco Rlv.—Apr. 1 to June 30Jan. 1 to June 30....

Brunswick&West.bMayJan. 1 to May 31....July lto May 31

Bufl R. APittbs.b.JuneJan. 1 to June 30July 1 to June 30

Bnflalo& S'squeb.a.JuneJan. 1 to June3o....July 1 to June 30

Surl.Ced. R.& No a.JuneJan. 1 to June 30

Canadian Pacific.a.JuneJan. lto June 3o.... 14,167,798 12,688,362

Cedar Rapids Garner &Northwestern Apr.Jan. 1 to Apr. 3o....

Cent, of Georgia. a.MayJan. 1 to May 31July 1 to May 31

Central New Eng . . . JuneJan. 1 to June 30....July 1 to June 30

Cent, of N.Jersey.a.JuneJan. lto June 30

Central Paciflc.b...MayJan. 1 to May 31July 1 to May 31....16,936,667 14,'943,705

Central Penn. & West.—Jan. 1 to June 30

Ohar.& Savannah. bMayJan. 1 to May 31July 1 to May 31

Obattan'ga South.aJuneJan. 1 to June 30

Ohesap. & Ohio. a..JuneJan. 1 to June 30 . .

.

July ltc June 30.. ..13,402,070 12,009:839Chicago & Alton. a.June 696,159 543,817

July lto June 30.... 7,796,449 6,742,203Chic Burl. AQuln.toJune 3,994,910 3.761,825

Jan. 1 to June 30. ...22,023,743 20,077,231

10,01318,42057,433

275,976635,838491,145

2,734,0635,012,135

46,382293,682732,991398,413

2,237,695

2,612,760

2.57212,741400,783

2,511,2565,678,664

55,774312,036704,094

1,353,2177,389,591

1,420,7076,736,941

12,166

63,957357,854627,098

7,67748,291

1,273,0616,533.774

8,25716,026

53,313251,156571,823223,642

1,796,4883,801,969

57,833352492767,318384,008

2,165,674

2,362,278

1.73410,517

370,6142,242,5815,396,285

64,508339,851678,628

1,250,6566,771,4591,412,9116,380,909

10,39570,916

330,828604,908

7,420

127,546904,989

2,110,284

38,970def. 232

1.35619,388

1,1136,789

695,0501,209,945

1,326,5252,580,264

18,05420,636

2,9924,87424,10489,909

209,457243,657

1,243,4882.123,525

17,441111,677347,99097,008

639.3661,057,8065,277,947

1,2005,049

62,874702,326

1,804,103

9,49755,181

146,117546,444

2,881,103586,143

2,295,9906,663,253

def.393

11,160104,981125,259

def.5,77636,200 def.12,102

1,085,975 414,8435,751,140 1,895,691

4,314.431

253,0352,964,6271,363,4107,141,204

14,910,763

141,455851,009

2,857,727

27,511166

3,01119,207def.2142,006

775,6321,456,267

1,623,7482,813.056

24,78425,530

1,9093,66514,65047,006129,431

111,611654,593

1,360.575

20,426123,206248,03586.391

569,7151,023,0605,022,253

3492,156

45,456563,732

1,735,83913,93395,202

209,235541,026

2,555,209597,086

2,253,5955,642,217

13923,43293,043

106,709def.1,561def.9,386

392,1481,755,7753.932,455

154,5062,433,811

1,311,7696,980.092

July 1 to June 30.. ..47,535,420 43,389,424 17,718,582 16,843,794Chic & East. 111. b.. June

Jan. 1 to June 30July 1 to June 30

Chic Gt. West'n.b.Jun*Jan. 1 to June 30July 1 to June 30

Ohio. Ind.&Louls. a.MayJan. lto May 31July 1 to May 31

C ilc M. & St. P.a..JuneJan. 1 to June 30.

392,2542,46^,3965,148,897

553,5023.227,4836,721.037358,806

1,673,3753,824,531

3,419,205

363,3632,217,5714,581,560524,784

2,895,7935,867.738328,006

1,388,1603,171,4573,395,980

19,298,343 17,980,284

147,6591,019.1312,289,875179.470978,641

2,230,814124,109553,660

1,421,344974,620

5,295,803

144,870978,744

2,088,950164,207886,577

1,924,222

129,347423,497

1,012,1351,130,5235,843.555

July 1 to June 30. ...41,884,692 38,310,632 13,463,855 14,347,796

fliicR.I.&Pae.ad.June 2,001,490 1.772.530 539,996 485,604Jan. lto June 30....10,994,732 9,602,053 3,372,285 3,042,278Apr. lto June 30.... 5,557,278 4,896,818 1,475,540 1,374,273

ChicTer.Transf..b.May 107,601 113,774 59,488 69,649Jan. lto May 31.... 500,281 497,934 286,233 306,795July 1 to May 31.... 1,120,384 1.101,799 859.827 675.564

334 THE CHRONICLE. [V«L. LXXI

Roads.Chootaw Okl.# G.b June

Jan. 1 to June 30....Nov. 1 to June SO....

<—&o$s Earnings.—.Ourrtnt PreviousYear. Tear.9 9

191,199 145,2341,139,634 828.4021,552,548 1,259,492

—Ket Earning!.—Current Previous

Cln. N. O. A T. P.n.June 411,576 400,488Jan. 1 to June 30.... 2,518,967 2,220.479July 1 to June 30.... 5,124,241 4,691,232

Oln. Ports. 4 Va.b..JuneJan. 1 to June 30....July 1 to June 30....

Cl.Otn.Chtc.ASt.L.Djune 1.459,504 1,354,242Jan. 1 to June 30.... 8,130,141 6.936,114July 1 to June 30....16,806,851 14,719,363

PeoriaA East'n a.JuneJan. 1 to June 30....July 1 to June 30....

Olev.Lor. A Wheel.a Apr.Jan. 1 to Apr. 30July 1 to Apr. 30

Colorado Midland.. JuneJan. 1 to June 30....July 1 to June 30...

Colorado A South.bJuneJan. 1 to June 30..„.July 1 to June 30

Column. Newb. <fe L JuneJan. 1 to June 30...

Cornw'll A Lebnn'n. JuneJan. l to June 30....

Cumberland Val.b.JuneJan. 1 to June 30....

Del. Lack. A Western b—Apr. l to June 30Jan. 1 to June 30....

Syr. Bing. A N. Y.b—Apr. 1 to June 30 ..

Jan. 1 to June 30Den. a R. Gra n< e. I June

Jan. 1 to June 30July 1 1 o June 30

Detroit <s MaoK'r.t JuneJan. 1 to June 3July 1 to June 30 ..

Duluth A Iron Ranee-Apr. 1 to JunecO....Jan. 1 to Juje 30....

Duluth So. 8h. A Atl.—Apr. 1 to June 30....Jan. 1 to June 30....July 1 to June 30....

East 8r. L. A Carond.—Apr. 1 to June 30....Jan. 1 to June .

192,811687,116

1,690,229

192,5371,107,0822,197,038375,611

2,043,8794,237,743

10,92089,589

26,816153,88798,881

4€6,9u7

1,970,6933,412,627

261,194453,356917,052

4,928,72510,246,080

88,920477,177833,795

1,510,5791,746,373

676,8671,24?,2872,613,943

41,86381.3C0

144.635546,340

1,337,498

167,693• 784,0201,659,799325,834

1,804,507

Elgin Jollet A E.a..June 164,319Jan. 1 to June 30.... 991.704July lto June 30.... 1,923,173

El Pa soA No'ea st' o.JuneJan. 1 to June 30

10,03979,22420,103107,83286.887

410.823

1,851,2083,340,577

272,687448,92571",P39

4,397.3689,270,248

66,573360,564601,2.8

1,202,2681,338,757

587,9931.035,7822,007,725

87,67667,573

149,791862,664

1,674,978

Erie.a May 3,151,117Jan. lto May 31.... 14,606,965July 1 to May 31.... 34,960,779

Evans. A Indlanap June 24,667Jan. lto June :-0.... 157.543July 1 to June 30.... 355,800

Evans. AT. H June 114,897Jan. 1 to June 30... 674,342July lto June 30.... 1,430,008

FlndlayFt.W.AW.bMay 7,190Jan. 1 to May HI.... 39,582July I to May 31.... 108,525

Fitchbure bApr. I to June 30.... 1.948,799Jan. lto June 30... 3,742,152

Ft.W. A Den.Cit j ,b June 127,468Jan. 1 to June 30.... 728,394

Ft.Worth A Rio G.b.May 33,789Jan. 1 to May 31... 200,213July 1 to May 31.... 453,070

Gadsden A Att. Un. July 1,411Jan. lto July 31.... 8,599

Georgia. a June 117,460Jan. 1 to June 30.... 824,810July 1 to June 30.... 1,658,339

Ga. A Alabama. a. June 93,236Jan. 1 to June 30 645,476July 1 to June 30.... 1,342,983

6a. South. A Fl a. a.June 90.103Jan. 1 to June 30 594,513July 1 to June 30.... 1,180,411

George own A Western-Apr, lto June 30 20,753

GllaVal.GlobeANo.June 37,303Jan. lto June 30 192,807

Gr. Trunk of Can. . May 1,798,695Jan. 1 to May 31.... 8.559,376July 1 to May 31... 20,351,148

Det. Gr. H. A Mil.May 73,486Jan. 1 to May 31.... 364,508

Hocking Vallev.a.June 404,059Jan. 1 to June:0 .. 2,i07,574July 1 to June 30.... 4,349,903

Houst. A Tex Oent.May 234.320Jan. 1 to May 31... 1.339,161July lto May 31 ... 3,632,435

Illinois Centra'. a.e.June '2,771,759

Jan. 1 to June 30.. ..16,231.003July 1 to June 30... 32,611,967

Indiana 111. A la.b May 99,535Jan. 1 to May 81.... 496,90(1

July 1 to May 81.... 1,029,^98

Iowa Central. b June 186,453Jan. lto June3o.... 1.061,888July lto June 30.... 2,341,239

2,992.75913,157,72630,463.837

28,108165,510346,635130,762660,406

1,308,698

7,68138,54488,480

1,867,3113,639,241

121,328725,39537,051

207.482529.214

1.0965,883

105,907775,906

1,634,842

88,519583,820

1,370.105

88.033467,237953,798

34,466216,126

1,675,5707,948,131

18,865,08974,946

349,422282,665

1,434,8812,874,035

231,7101.V68.4973,637.744

2,328,79513,714,93528,114,690

86,108425,121817,582190,242

1,015.2082,135,649

Tear.9

45,698265,552465,904

105,912 118,212616.413 715,347

1,421,659 1,585,006

Tear.9

70,027407.B49575,372

30.447 25.557172.570 139.171359,472 293,713

201,189 174,6901,198,348 924,0102,356,416 1,903,217

5,46244,645105,o72

455,4992,247.4915,057,687

45,034416,873788,156

52,845171,582447,426

54,738310,207625,9937\113

397,4421,104,891

dtf.2.10518,910

9,69556,827

42.525156,346

932.4381,508,521

111,788197,950329,398

1,705,0183,760,241

31,943151,764253,008

768.140778,108

259,213477.557

1,056,699

12,97928.057

63,654393.352804,67931.124

170,695871,613

3,219,5199,017,064

4,64139,781

122,691

53,658315,050658,879

2836,31515,704

700,4921,252,267

23,724131,927

7,64160,893

178,806545

3,143

g8,353241,919

6541,11218,882

169,189407,70517,296

127,819310,748

9,26913,952

111,246675,484

2.61-.7176,653,129

15.08757,426

165,212873,682

1,764,949

27,081173,729

1,030,353642,707

4.U20.3959,742,572

45,502178,014337,01950.417

213,748688,891

8,56032,76572,870

361 .4981,809,6444,073,808

35,395225.879453,838

40,493169.100392,072

48,46'114,088295,349

89,311500,700

def.1,27121,88'

11,24*56,12*

33,025112,904

947,1621,571,018

166,137246,720

250,4741,515,8863,559,897

27,10^141.012190,634

720,89771)6.187

212.296359,399675,353

13.28719,485

62,404353,8?7681,489

868.8972,786,7587,777,879

9,86551,978

123,776

59,725301,246611,619

136def.5,044

6,301

487,838920,78923,559

14P,8u7

15,77275.604

258,616

6442,056

617,536227.925

6493,64317,009

105,453807,08624,516

108,986258,083

24,340149,163

660.3982,582,7056,050,158

6.81440,394

106,676435,573914,51414.123

159.2401,346,462

636,8764,108,9068,552,428

38,992185,297825,908

74,980816,951689,872

> Grot$ Earnings. >

,

Ket Earnings.—-,Current Previous Current Previous

Tear.Tear.Roads. 9 9

Iron Rallway.b June 5.160 5,385Jan. 1 to June 30.... 86,290 27,601July 1 to June 30.... 72,457 52,120

Kanawha A Mloh.a June 72,719 64,256Jan. 1 to June 30.... 896,296 31C,243July 1 to June 30 759,069 626,759

San. C. Ft.S. A M.e June 432,402 395,124Jan. 1 to June 30.... 2,768,779 2,323.186July 1 to June 30.... 5,784,344 4,769,949

Kan C.Mem. AB.a. June 126,038 111,887Jan. lto June 30 853,522 724,891July lto June 30.... 1,703,433 1,433,294

Kan. City Northw..June 28,954 27,674Jan. lto June 30 181,886 150,161

L ;!re Sb. A Mioh. So.b—Apr. 1 to June 30 .. 6,807,163 5.665,050

..12,728,382 11,005.132

Tear. Tear.9 91,509 def.17.66814,460 def. 17,74730,261 def.10.556

J«in 1 to June 30Lehigh A Hudson . b—

Apr. 1 to June 30.... 113.729 110.729Jan. lto June 30.... 224,514 223,671

Lehigh Valley RRaJune 9,265.077 2,074,519Jan. lto June 30.. ..12,122,2^4 10,376,270Deo. 1 to June 30.... 14,209,658 12,273,733

Lehigh V. Coal Co.c June 1,823,506Jan. lto June 30.. 8,516,265Dec. lto June 30... 10,342,332

19,63085,096

159,169

117.723882,331

1,843,030

31,600257,756530,978

5,06925,146

»,453,5055,044,730

5,40448,474

135,389

124,037694,8*0

1,465,233

22,245186,873373,921

7,54521,411

1,857,6953,800,949

53.914 54,021112,970 112,008417,043 381,119

1,605,070 1,495,6052,013,027 1,846,295

1,551,704 def. 64,072 1,9047,957,700 de. 456,293 de.260,1979,740,290 de.440,083 de.342,£02

Lexing'n A East. b. June 85,135 22,477Jan. 1 to June 30.. .. 170,417 113,682July 1 to June 30.... 312,177 257,691

Lon.Ben.A8t.L.b kJune 50.730 51.604Jan. lto June 30.... 307,747 273,916July I to June 30.... 631,417 532,220

Loulsv. A Nashv.fc.June 2,177,312 2.188,293Jan. 1 to June 30.... 13,614,959 11,873,686July 1 to June 30. ...27,742.379 23,759,485

Macon A Birming.. June 7,003 6,281Jan. 1 to June 30 40,833 80.S14July 1 to June 30.... 79,879 65,598

Manhattan Elevated b—Apr. 1 to June 30.... 2,316,883 2,231,471Jan. lto June 30.... 4,718,059 4,674,185

Manlsuque June 14,904 8,691Jan. 1 to June 30 . 64,1 94 42,281

Mexican Central... June 1,511,795 1,248,440Jan. 1 to June 30.... 8,979,974 7,369,434

Me*. Internationa i.June 439,46* 381,459Jan. 1 to JunedO.... 2,672,027 2,275,792

Mexican National . June 682,454 576,999Jan. lto June 30.... 4,060,226

Mexican Northern May 56,240 66.586Jan. 1 to May »1 260,427 355 059July 1 to May 31.... 576,079 681,636

Minn. A St. Lonis.a.June 258,049 247,624Jan. 1 to June. 0.... 1,315,899 1,259,112July 1 to June 30. 2,863,308 2,500,005

M.St. P. AS. 8. M...June 398.489 416,934Jan. 1 to June 30.... 2, -,93,822 1,91 1,935July 1 to June 30 ... 5,151,88 4,348,585

Mo. Kan. ATexas.a.June 894,165 770,846Jan. Itojune30. ... 5,505,14m 5,082,f-39July 1 to June £0.... 12,626,512 11,930,334

Mobile Jackson & Kansas City—

14,25568,602

121.24513,39680.336

196,347675,447

4.215,6839.138,973def. 2,408def. 6,014def. 3,498

1,013,6082,093,lfc0

7,06232,169

604,2433,140.073

179,0571,083,240

C349.990

8,58235,38085,389

16,80676,844

151,173779.282

3.857.8318.027,898

181def. 3,420def. 4,495

888,3211,902,912

def.3,51

2

3,629

395,4562,403,772157,971

1,015,308

C268.4048,475,091 cl,945,875 cl ,661,609

July 1 to Apr. 30.... 90,092 36,934Mont. A Mex. Gulf May 128,925 117,417

Jan. 1 to May 31.... 587,944 535,569Nash.Cb. A St. L.h.June 486,222 441,640

Jan. lto June 30.... 3,232,910 2,883,280July 1 to June 30.... 6,487,317 6,081,766

Ntvada Central... June 4.205 1,918Jan. l to June 30 16,970 10,709July lto June 30.... 31,946 28,242

Newb.D'tohess A Conn.

—

Apr. 1 to June 30.... 36,851 33,587Jan. lto June 30 71,261 65,173

N. Y. Chio. A St. L.b—Apr. lto June 30.... 1,583,683 1,529,302Jan. lto June 30.... 3,313,721 3,162,868

N. Y. Ont. A Weat.aJune 425,277 403,334Jan. I to June 30.... 2,285,068 2,200,518July 1 to June 30 4,963.482 4,346,163

N. Y. Bus. A Weat.a.May 162.189 183,647Jan. 1 to May 31 ... 970,207 932^)01July 1 to May 31.... 2,388,344 2,189.440

Morfolk AWeet'n.a.June 1,310,888 1,010,684Jan. lto June 30 7,154,610 5,886,632July lto June 30.. ..14,091,005 11,827,140

Sorthern Central. b June 652,102 584,502Jan. lto June 30.... 3,799,894 3,148,194

Northern Paoiflc.b.May 2,497,310 2.005,691Jan. lto May 31. ...10,925.077 9,038,496July 1 to May 31

Ohio River, b JuneJan. 1 to June 30

Ohio Southern.b—JuneJan. 1 to June 30 ..

Mar. 1 to June 30

26,096110,422225.96S83,891

492,9251,163,924

159,6541,109,3232,596,606

331,8571,445,1673,861,042

45,85632,726

160,k06

211,8991,102,1022,246,734

2,2886,290

10,055

5,42111.933

383,917767,570116,818635,130

1,548,565

50,720387,621

1,072,813

546,0592,803.2055,589,909171,715992,784

1,088,3115,261,023

27,045170,924833,28777,355

430,371977,299215,216774,248

1,885,269

177,9821,259,0453,917,506

14,701

26,50489,688

143,549783.872

1,982,060

def 508def. 1,552

2,600

5,7679,205

328,836641,127136,977708,893

1,376,053

76,705382 413

1,017.310

288,0931,811,6973,888,036136,615653,284822,890

4,144,80327,524.242 28,825.540 14,624,714 12,715.373

120,731 95,226 38,746637,246 488,478 198,46749,911 46,799 10,174402,954 346,224 13t>,934244,403 212,828 75,058

Paeiiio Coast Company -See Miscellaneous Companies.Pennsylvania-Lines directly operatedEast of Pitts.A E.Juno 7,192,835 5,766,735 1,971,425Jan. 1 to June 30... 40.821,311 33,148,911 12,243,350

38,68 -3

171,26516,388

110,09672,092

West of Pitts.A E.JuneJan. 1 to June 30....

Peoria Deo. A Ev.b.Mar.Jan. 1 to Mar. 31 ..

Pere Marquette.a .MayJan. 1 to May 31

Phlla. A Erle.b MayJan. 1 to May 31

Phil.Wllm. A Balt.bJuneJan. 1 to June 30....Nov. 1 to June 30....

Ino. 362,400Ino.3,698,100

Ino.Ino.

1,257,2258,483,350

104,800761,000

79,305237,106648,315

3,175,89755?,540

2,074,9231.018.2175,4 9.1117,350,373

62,327186.309598,278

2,862,042454,476

1,658,296945,817

4.995.0116,660,173

12,92662,105135,275691,948230,513629,724318,335

1,486,9002,138,859

18,36252.121

120.963579,804153,326387,665298,535

1.391.8601,891,259

Afgust 18, 1900.J THE CHRONICLE. 335

, Grots Earnings.—^ , Net Earning* —Current Previous Current PreviousYear. Tear. Tear, Tear.

Roads. $ $ $ $Pitta. Char. & Y'h'y.May 17,139 18,196 6,655 8,672

Jan. 1 to May 31.... 76,534 63,008 25.997 29,685

Pitts. C.C. A St.L.a.June 1,528,787 1,457,389 327,767 268,994Jan. 1 to June 30.... 9,383,514 8,116,259 2,151,372 1,858,039

Pitts. Lisb. A West..May 4,835 8,475 1,494 1.442Jan. 1 to May 31.... 24,191 18,766 4,645 6,140

Pittsb'gAWest'n.b.May 340,666 285,954 91,131 96,218Jan. 1 to May 31.... 1.576,312 1.254,889 499,109 402.843July 1 to May 31.... 3,423,714 2,959,275 1,052,867 899,790

Reading Company—Pbila.ARead'g.b.May 2,329,242 1.899,702 813,235 664.296Jan. 1 to May 3 1.... 10,699,751 8,989,929 3,510,204 3,237 894July 1 to May 31. ...24,441,528 20,984,416 8,885,372 8,493,021

Coal A Iron Co. b.May 1,817.801 1,449,570 31,626 17,895Jan. 1 to May 31.... 8,916.958 9,087,149 276.133 176,139July lto May 31. ...25.573,892 21,403,526 1,791,265 979.877

Total both Co.'s.bMay 4,147,043 3,349.27 2 844,861 682,191Jan. 1 to May 31. ...19,616,709 18,077,078 3,78tj,337 3,414.033July lto May 81... 50,015,420 42,392,942 10,676,637 9,472,898

Reading Co.b May 21,738 20,416July lto May 31 197,485 174,199

Total all Comp's.bMay 866,699 702,607July lto May 3) 10,874,122 9,647,097

Rich. Fred. & Pot..May 123,040 112,505 71,163 65,160Jan. 1 to May 31.... 436,307 878,115 200,141 176.744July lto May 31.... 885,207 794,202 397,096 326,028

Rio Grande Junot.. June 50,996 38,603 f15,299 f 11,581Jan. lto June 30.... 243,139 174,900 f72,941 f52,470Dec. lto June 30.... 284,258 207,002 f 35,278 f62,101

Rio Grande South, bJune 43,737 34,397 17,807 14,720Jan. lto June 30.... 252,627 225,650 109,383 106,412July lto June 30.... 529,205 491,265 247,542 237,236

Rio Grande West. b.June 455,361 302,431 201,467 119,256Jan. 1 to June 30.... 2,249,252 1.626.243 839,390 619.6C8July lto Jane 30... 4,510.603 3,852,988 1,811,344 1,268.463

Bl. Jos. AGd. Isl.a.June 110,270 112.832 24,380 20,547Jan. 1 to June 30.... 643,890 608,227 U8.344 113.832July 1 to June 30... 1.404.695 1,261060 325 286 274.073

Bt. LouisA San Fr.b.June 641,941 586,785 252,997 242,?08Jan. lto June 30.... 3.828,792 3,520,286 1,488,186 1,351,028July lto June 30.... 7,983,246 7,226,662 3,290,719 2,885,471

8t.LouisSo*west.b.June 420,289 403.819 *122,165 *97.318Jan. 1 to June 30.... 2,685.357 2,622,727 818,323 735,699July 1 to June 30.... 5,908,284 5,862,338 *2,038,203 *1,836,002

Bt. Louis Vand. A T. H.—Apr. lto June 30.... 466,596 421.857 114,933 108,705Jan. lto June 30.... 929,039 836,260 190,529 221,286

Ban Ant.AAran.P.bMay 147.S89 136.508 def.15,831 def.14,411Jan. 1 to May 31. 722,310 662,037 def.6,767 def.19.300July 1 to May 31. 2,013,102 1,904,986 458,617 455.805

SanFr. AN. Pae.a.June 95,555 90,240 21,130 23,586Jan. 1 to June 30.... 425,003 414,352 93,984 108,518July lto June 30.... 958,122 922,243 320,176 829,462

Santa Fe Pres.A Ph.May 83,021 76,505 41,932 37,277Jan. lto May 31.... 426,b83 363,466 237,590 166.176July 1 to May 31.... 909,137 795,089 511,608 375,403

Sav. Fla. A West.b.May 350,608 323,074 57,693 64,842Jan. lto May 31. .. 1,993.829 1.565,247 564,644 300,765July lto May 31.... 4,075,697 3,617.100 1,114,606 817,439

Bllv.Bp.OoalaAG.bMay 30,053 29,034 18,112 19,960Jan. 1 to May 31.... 122,312 133,220 71,710 82,497July 1 to May 31.... 260,987 272,626 153,486 163,623

8outhern Pacific, hiJune 5,085,410 4,824,440 1,820,107 1,873.921Jan. 1 to June 30.. ..29,977,858 27,571,524 9,437,672 9.294,542July 1 to June 30..., 63,268,408 55,972,897 22,345,134 19,947,883

Central Paoiflob.May 1,420,707 1,412,911 586,148 597,086Jan. lto May 31.... 6,736,941 6,380.909 2,29.5,990 2,253,595July lto May 31... 16,936,667 14,943,705 6,663,253 5,642,217

Gal.Har.ASatiA.bMay 513,016 560,168 36,033 108,057Jan. lto May 31.... 2,550.491 2,350,257 269,014 472,251July 1 to May 31.... 5,757,345 5,197,802 1,117,089 1,389,675

Louisiana West.b.May 107,682 109,694 31,091 42.643Jan. 1 to May 31.... 566,136 597,625 158,688 242,677July lto May 31.... 1,257.193 1,235,222 385,261 539,139

BTg'n'sLa.ATex.bMay 552,843 570,536 151,436 223,646Jan. 1 to May 31.... 2,742,727 2,815,317 726,699 997/91July 1 to May 31.... 6,559,521 6,220,859 2,098,203 2,339,589

N. Y.Tex. AM. b.May 22,329 20,524 7,864 5,823Jan. lto May 31.... 109,298 102,669 34,983 27,525July lto May 31.... 277.343 287,894 111,232 123.222

Texas AN. Orlb.May 172.980 164,485 53,201 54,357Jan. lto May 31.... 830,356 798,058 253,268 308.322July 1 to May 31.... I,7d9,900 1,720,343 545,248 725,114

Bo. Pao. of Cal.b.May 1,390,265 1,270,437 462,335 477,3»8Jan. lto May 31.... 7,041,849 5,903,129 2,517,344 1,904,229July lto May 31.... 16,121,208 13,300,118 6,223,242 4,626,774

So. Pao.olAriz.b.May 302,565 301,697 147,596 96.641Jan. lto May 31.... 1,632,874 1,454.500 758,037 532,883July lto May 31.... 3,435,991 2,897,756 1,551,604 1,007,824

Bo.Pao. of N. M.b.May 174,441 177,927 91,372 100,115Jan. lto May 31.... 861,478 824,501 457,619 446,756July lto May 31.... 1,845,004 1,569,788 1,027,570 806,116

Southern Railw'y.aJune 2,407,C00 2,201,255 480,453 522,416Jan. 1 to June 30... 15,298,746 13,444,066 3,971,822 3,859,547July lto June 30.... 31,200,870 27,696,180 9,369,423 8,569,304

Btony CI. A C. M . b..May 2,160 2,371 def.1,294 345Jan. 1 to May 31 7,074 6,427 def.3,042 def.1,937July lto May 31.... 37,294 34,564 11,221 13,516

Terre Haute & Ind'polls—Apr. 1 to June 30.... 370,974 339,893 98,259 98,601Jan. 1 to June 30 779,827 675,231 229,362 183,773

Terre Haute A Peoria—Apr. 1 to June 30 ... 107,383 86,458 def.ll,38i def.5,778Jan. lto June 30.... 230,436 180,655 1,390 372

Tdxas Central. a... May 22,958 18,020 4,523 def. 461Jan. 1 to May 31.... 131,696 109,622 80,813 24,980

Xoledo AO.Cem.a.June 222,197 164,498 63,682 58,964Jan. 1 to June 30.... 1,222,180 899,419 365,597 239,423July 1 to June 30.... 2,366,910 1,897,868 744,190 512,591

ToLPeoriaAWest.bJuly 102,431 87,000 29,467 22,938Jan. lto July 31.... 615,817 546,858 150,719 148,035

Tol.8t.L. AK. C.a.Mar. 169,387 158,082 33,098 49,765Jan. 1 to Mar. 31.... 449,428 444.735 83,583 127,274July 1 to Mar. 31.... 1,519,764 1,596,907 262,635 320,954

Roads.

,— Qross Earnings. . ,—Net Earnings. .

Current Previous Current PreviousTear. Tear. Tear. Tear.9 *v vP 8

Onion Pao. Ry. a... June 1,898,383 1,762.754 764,025 787,709Jan. 1 to June 30. ...10,531,825 9,296,184 4.169,290 3,485,980July lto Juno 30... 23,046,907 20,516,038 9,724,685 8,574,015

Wabash.b Juno 1.309,^79 1,258,366 371,415 520,888Jan. 1 to June 30.... 7,791,332 6,994,852 2,011,092 1,997,669July 1 to June 30... 16,440,428 14,393,974 4,493,010 3,982,500

W. JerseyA 8eash.bJune 326,324 294,124 100,155 92,555Jan. lto June 30.... 1,401,152 1,224,252 284,032 271,032

West, of Alabama.b.June 54,045 49,634 21,766 8,888Jan. 1 to June 30.... 364.382 323,293 116,900 113,525July lto June 30.... 789,745 668.335 262,425 261,685

Weet.N.Y.APenn.fcJune 326.520 305,999 37,279 106,992Jan. 1 to June 30.... 1,7^9,376 1,598,199 228,315 482,122July lto June 30.... 3,803,587 3,291,412 914,072 1,018,467

W. Va. C. A Pitts- May 133,714 116,004 47,778 42,597Jan. lto May 31.... 592,667 515,639 222,178 174,638July lto May 31.... 1,251,071 1,093,000 435,159 359,735

Wheel.ALakeErie.b.June 241,484 76,435Jan. 1 to June 30.... 1,343,829 324,853July 1 to June 30.... 2.670,024 765,031

Wlsoonsin Central bMay 488,803 464,015 172,508 170,702Jan. 1 to May 31.... 2,094,596 1,998,752 593,403 742,374July lto May 31.... 5,131,953 4,617,319 1,856,340 1,856,858

Wrightsv. ATenn..June 11,455 10,462 2,939 1,424Jan. lto June 30.... 79,594 62,116 22,322 15.663July lto June 30.... 169,494 113,798 65.553 38,203

Yazoo A Miss. Yal.a.June 317,162 304,055 15,864 42,019Jan. lto June 30.... 2,313,440 2.152,261 590,449 556,443July lto June 30.... 5,300.890 4,576,350 1,905,176 1,257,334

York Southern. b...June 7.438 6,416 2,229 1,485Jan. lto June 30.... 42,774 37,200 12,767 10,125July 1 to June 30.... 89,910 75,076 29,971 22,161

a Net earnings here given are after deducting taxes.b Net earnings here given are before deducting taxes.c Deductingotherexpenditures for repairs, replacements and general

expenses, net income applicable to Interest on bonds in June was

f141,855, against $118,288 last year, and from January 1 to June$850,512, against $808,793. This is the result in Mexican dollars

treated (according to the company's method of keeping Its aooounts)as equivalent to 80 cents in United States money—that Is, depreciationbeyond 20 per cent has already been allowed for.d Gross earnings include other Income.e Includes Chesapeake Ohio A Southwest'n, Ohio Valley and Chicago

A Texas for all periods, but does not include the Yazoo Rranoh afterJuly 1,1898. After December, 1899, includes results on 97 milesof road formerly operated by St. Louis Peoria A Northern.f Thirty per cent of gross earnings.S After allowing for other income received net for June was $67,-

901, against $77,084, and from July 1 to June 30, 1900, was $632,100,against $614,179.

1 Does not inolude Austin A Northwestern, San Antonio A AransasPass or Houston A Texas Central System.

fe June, 1900, estimated.t For June, 1900, taxes and rentals amounted to $135,500, against

$130,595, and from July 1 to June 30 $1,826,293, against $1,669,210,after deducting which net for June, 1900, was $1,449,483, against$1,061,098. From July 1 to June 30, 1900, net after deducting taxesand rentals is $16,884,286, against $11,237,607. ,

* After allowing for expenditures for betterments, net in June,1900, was $97,415, against $74,477 in 1899, and from July 1 toJune 30 $1,752,211, against $1,653,250 In the previous year.

t These figures inolude Baltimore A Ohio Southwestern.

Miscellaneous Companies

Slnghamton Gas...JuneJan. 1 to June 3o....May 1 to June 30

—

Buffalo Gas Co JulyJan. 1 to July 31....Oct lto July 31...

Color'do FuelAIron.JuneOonsol. Gas Co.,N.J.June

Jan. lto June 30....

Denver Gas A Eleo.JuneJan. lto June 30....Mar. 1 to June 30....

Detroit City Gas. .. .MayJan. 1 to May 31....

(3d. Rap. Gas-L. Co.JuneJan. 1 to June 30....

Jackson Gas-L. Co. JuneJan. 1 to June 30....Mar. 1 to June 30

Laclede Gas-L. Co.. JuneJan. 1 to June 30

Madison Gas A Eleo.JuneJan. 1 to June 30....Apr. 1 to June 30 ...

Mexioan Telephone.JuneJan. 1 to June 30....Mar. 1 to June 30

Paoiflo Coast Co. a.Apr.Jan. 1 to Apr. 30....July lto Apr. 30....

Pacific Mail JuneJan. 1 to June 30May 1 to June 30....

8t. Joseph Gas L.Co.JuneJan. 1 to June 30July 1 to June 30

Bt. PaulGas-Lt Co..JuneJan. 1 to June 30

Tenn. ooal I. A RK. JuneJan. 1 to June 30

Western Gas Co.—Milw'ee Gas-L. Co.JuneJan. 1 to June 30

—Or088 Earnings .

—Current PreviousTear. Tear.9 $

—Net Earnings.—*Current Previous

15,11489,99659,717366,348

1,462.3064,299,839298,279

1,942,820636,123

12,78974,12950,300

407,3341,493,5194,025,193

296,1131,815.303603,050

Tear.$1,767

16,9943,750

6,180150,238253,538206,000

6,24413,117

19,929173,41196.614

26,472244,24513,377

*80,700

2,00513,9818,237

68,162475,208

3,84527,43112,2587,321

39,97125,78779.483

313.8381,163,947

f62.666469.138U51.040

7,09138,21469.83120,578

131,391184,037

1,790,099

35,458266,586

Tear.$1,644

17,1473,550

11,064156,976

103,0004,971

11,864

25,327189,491115,12322,579

198,8739,974

72,4731.705

12,5977,748

66,494475,898

3,14024,5959,5245,910

33,86921,846

103,337338,045881,187t73,770478,188

1 139,3545,614

35,10469.481

20,693134,645116,459509,862

33,178240,226surplus

t After deducting "reserve fund for repairs of steamersin June, 1900, was $33,551, against $44,655 in 1899, and from May1 to June 30, 1900, $92,810, against $81,124 in 1899. The reserve

fund for depreciation and general and extraordinary repairs or

steamers has been inoreased to the standard of the English com-panies, t. e„ five per oent upon the value of the steamers.

* After deducting taxes to the amount of $7,524.

336 THE CHRONICLE. [Y«L. LX2.I,

Philadelphia Company./ July. >

1900. 1899.$ $

Gross earnings 124,870 131,671Operating expenses andtaxes.105,746 124,133

Net earnings from opera't'n. 19,124 7,538Other incomet 17,562 57,982

Total earn'gs& other inc.... 36,686 65,520Deductions from income * 6,529 8,792

,—Jan.l to July 31.—

>

1900. 1899

1,565,333 1,078,462710,378 582,023

854,955244,037

1,098,992203,127

496,439167,948

664,387187,679

Totalinoome 30,157 56.728 895,865 476.708

Interest on funded debt 17,188Dividends on preferred stock . 16,666

33,854

Net income of company... def. 3,697

Affiliated Companies!—Netincome 21,774Proportion to others thanPhiladelphia Co 421

16,66716,666

33,333

23,395

31,354

28,874

120,313116,625

83,334«3,333

236,938 166,667

658,927 310,041

Phil. Co.'s Int. in netincome. 21,353 2,480

451,383

6,316

445,067

382,899

189,422

193,477

*These deductions Include the following items : Rentals of leased gaslines, tenement expenses, Interest on current liabilities, interest onconsumers' cash advances, etc.

t The net earnings of the affiliated corporations only appear in theIncome of the Philadelphia Co. as they are declared in dividends.

1 Includes Consolidated Gas Co. of Pittsburg, Allegheny 111. Co.,Allegheny County Light Co., Chartiers Valley Gas Co., Union Gas Co.of McKeesport, Equitable Gas Co., United Traotion of Pittsburg.

Interest Charges and Surplus.—The following roads, in

addition to their gross and net earnings given in the fore-going, also report charges for interest, &c, with the surplusabove or deficit below those charges.

-Int., rentals, etc. > f-Bal. of NetEarn's.-

Roads.

Beliefonte Central.MayJan. 1 to May 81....

Boston & Albany

—

Apr. 1 to June 30Boston A Maine-

Apr. I to Juno 30Boston Bev. B. & Lynn-

Apr. 1 to June 30....

Ohio. Burl.& Quino j June

CurrentYear.$450

2,250

110,445

1,355,294

13,383840.C00

PreviousTear.$338

1,688

117,799

1,404,384

12,382842,958

July 1 to June 30.. ..10,080,000 10,115,494

Chic. A E. Illinois.. June 116,098 122,185July 1 to June 30... 1,514,391 1,518,276

Ohio. R. Isl. A Pao June 313,000 325,627Apr. 1 to June 30.... 939,000 976,883

Choc. Okla. A Gulf.June 23,300 21,500Nov. 1 to June 30... 178,245 172.0C0

Olev.Cln.Ch.A St. L.June 224,313 216,556July 1 to June 30.... 2,866,538 2,873,710

Peoria* Eastern.June 35,625 36,799July 1 to June 30.... 442,500 441,369

Clev.Lor'n & Wheel.Apr. 24,113 22,500July 1 to Apr. 30.... 227,974 228,500

Del. Lack. & West—Apr. 1 to June 30..

Syr. BiDg. & N.Y.-Apr. 1 to June 30.... 44,905 44,905

Denv. & Rio Gr'de.. June 191,234 182,481July 1 to June 30.... 2,358,744

El Paso A No'east'n—Jan. 1 to June 30.... 75,000

Fltchburg—Apr. 1 to June 30.... 383,169 396,490

Gila Val.Globe&No.June 6,314 6,314Hocking Valley May 68,553 37,107

July 1 to May 31.... 777,178Ind. HI. &Iowa May 18,291 14,353

July lto May 31 ... 187,685Kanawha AMich... June 9,384 8,836

July lto June 30.... 108,731 107,528Kan. C. Ft. 8. AM..—

July lto June 30.... 1,482,645 1,409,226Kan. C Mem.&Btr.—

July lto June 30.... 196,446 197,743Manhattan Elevated-

Apr. 1 to June 30.... 647,756 663,759Mo. Kan. & Texas.. June 289,282 286,840

July lto June 30.... 3,453,385 3,430,411Naehv. Chat.A St.L June 150,123 152,131

July lto June 30.... 1,684,273 1,595,177N. Y. Chic. A St. Louis-

Apr, lto June 30.... 302,452 302,060Norfolk & Western. June 187,655 190,701

July lto Juno 30.... 2,273,639 2,241714Pere Marquette.... May 110,139 109,197

Jan. 1 to May 31.... 546,700 540,147Pitts. C. C. & St. L. June 328,911 221,071

Jan. 1 to June 30.... 1,785.428 1.557.739Reading—All oompanles... May 770,000 756,154

July 1 to May 31.... 8,494,000 8,317,698RloGrandeJunot'n.June 7,708 7,708

Dec. 1 to June 30 53,958 53,958Rio Grande Soutb.. June 16,802 17,093

July 1 to Juno 30.... 218,602 212,642

Rio Grande West.—July 1 to June 30.... 848,800 781,619

St. Jos. &Gr. Isl'd.-Juno 8,750 8,750July lto June 30.... 105,000 87.500

San Pran. A No. Pao.June 23,157 22,958July 1 to June 80.... 259.140 259,297

CurrentTear.$663

4,539

584,605

•195,065

4,671

523,4107,638.582

•34,855•990,372

226,996536,54046,727397,127231,186

2.191,049

9,409345,65628,732

219,452

PreviousTear.

«

def. 552318

657,833

*446,871

12,402

468,8116,728.300

*43,116•767,362

159.977397,39024.198

293,904144,942

1,200,098

def.l,4C412,469

17,993163,572

598,804 619,249 333,634 327,913

66.883

1132.217123,967169,199

2,333,495 : 1,494,462 U,336,729

95,695

*347,514

17,638

80,246950,23727,211

149,324•10,812-57,238

*385,888

•376,781

*113,290

U8.02649,055

24,639

—Int., rentals, etc.—

«

Current PreviousFear. Tear.$ $

<—Bal. ofNet Earn*'s.—

.

Current PreviousTear. Tear.$ $

32,151399,365

37,181409,134

•31.531•36«,076

•22.046•128,312

22,761 22,238 6,706 70021,667

238,33325,084

258,91126.111

196,82617,513

100,824129,987

1,440,265145.150

1,437,215•42,729

•425,442•38,164

•541,270

Roads.Toledo A Ohio Cen..June

July 1 to June 30ToJ. Peo. A West...JulyW. Va. Cen. & Pitts May

July 1 to May 31Wisconsin Central . .May

July 1 to May 31....

* After allowing for other income reoeived.

t After deducting amount spent for betterments, surplus in June,1900. is $6,186, against $17,902 in 1899.

1 After deducting $15,000 for Renewal Fund and Bond ConversionIn June, 1900. and the same amount in June, 1899, the surplus forthe month is $117,217, against $54,199 a year ago; from July 1 to June30, 1900. the surplus, after deductions for these funds, is $1,314,462,against $1,156,729.

Miscellaneous Companies.—Int., rentals, ete.-

Ourrent Previous

Companies.Cenn. Coal I. & RR.June

Jan. 1 to June 30....

Tear.$54,777

328,661

Tear.$46,563

279,378

-Eal.ofNet Earn's.-*Oarrent PreviousTear. Tear.

129,2601,461,438

69,896230,484

STREET RAILWAYS AND TRACTION COMPANIES.The following table shows the gross earnings for the latest

period of all street railways from which we are able to ob-tain weekly or monthly returns. The arrangement of thetable is the same as that for the steam roads—that is, thefirst two columns of figures give the gross earnings for thelatest week or month, and the last two columns the earningsfor the calendar year from January 1 to and including suchlatest week or month.

STREET RAILWAYS AND TRACTION COMPANIES.

GrossEarnings.

Latest Gross Earnings.

Week orMo

*def.2,866'34,661

•67,744

•206,110

•608,214 '421,86242,575 df.108.858

407,65761,776

562,461

•94,554

358,4043,316,270

25,136145,248

def. 1,144365.944

487,095def.8,582386,883

•29,206

97,3921.646,322

11,76639,657

47,923300.300

96,599 def.53,5472,380,122 1,329,399

7,59131,320

1,00533,940

962,54415,630

220,286973

61,036

3,8738,143

def.2,37324,594

486,844

11,797186,573

62870,165

April....JuneMayJune.....March...JulyJulyJuneJulyJulyJuneMayJuneJulyJulyJunelstwk Auglstwk Aug

lstwk Augl stwk AugJulyJuly...,.JuneMayJudoJune

Our'ntTear.

4,46544 9282,906

17,201

June...March.

June.

May...July...July...July...July...June...May...June...March.July...July...June...June...May...June...May...July...,April..June...,June...,July....May....

June.July.July.June.

18,378630.89373,9473,447

tl78,64513,83316,44190,166

254,97313,505

114,86833,02610,197

4,61747,8408,291

26,81323,83018,54548,88531,248

4,17717,456

213,823

14.31516,9739,2855,814

11,8924,6217,3459,654

17,228626.000114.3741237586168,244

5.3349,828

11.44510,493

109.40438.2938,0802,7194,318

19,871124,87017,00519,016

Prev'usTear.

4.29544,396

"f6",488

6,553653.81263.1412,848

195,85711,22412,219

Jan. 1 to Latest Dale

CurrentTear.

229.14213,468

105,93827,4809,544

4,35441,378

'ii",8b"i

24,766

44.24131,752

3,40416,479

202,770

12,36?14,5909,4404,913

11,0464.7405,3528,698

13,014588,000

$18,7 7

242,179

82,5202,596,194

71,5654,182,179369.9 822,650

1,143,16458 24860,42*

462,676

72,7972,437,526

26,1404,091,542325,59215,418

920,34650 62345,893

29,93659,19621,99731,21513.842

JuneJulyJune.July....,April....July '127,123July ,249.X42July 29,207July Inc. 24.

June Ill6,787

July 171,234June |211,347May 7.250July 8,542

1198811156,858

4,8748,997

12,0338,734

108.12330,0607,8342,9933,680

17,685131.67115,50516,848

56,737602,390896,585322,797

136,8591,356,241

158",i.73

119,15285,142

238,270159,867

25,94448.947

1,221,312

66.802102.81237,86836,44664.66623.131

4L92048.897

2,901,682921,033

7,108,431839.067

4d',80846.11232,041

489,451188,84328.86611,69618,626

PreviousTear.

17.404213,218

52.556569.637787.094254,507

119,8121,161,413

123,299

Amsterdam St. Ry . .

.

Atlanta Ry. A Power.Ballston Terminal . .

.

Blnghamton St. Ry..Br'klyn Rap.Tr. Co. .

.

Chicago & Mil. Elec.Chicago Union Traot.Gin. Newp. & Cov. . .

.

City Elec. (Rome.Ga.)Cleveland Electric.Cleve. Painsv. &E...Col. Sp'gs Rap.Trans.Columbus (O.) Ry....Consol. Trao. (Pitts.)

Dart& W'port St.Ry.Denver City Tram.. .

.

Detroit Citi'nB'St.Ry.Detroit Elec. Ry-..Detroit Ft. Wayne& Belle Isle

Total of allDet. Roch. Ro.& L.O.uuluth St. RyEaston Consol. Elec.Galveston CityGrand Rapids RyHarrisburg Traotion.HerkimerMohawk II-

ion&F'kfortEl.Ry.Houston Elec. St. Ry.Internat'l Traotion—(Buffalo)

Interstate Consol. ofNorth Attleboro.. .

.

Johnstown Pass. Ry.Kingston City Ry....Lebanon Val. St. Ry.

.

Lehigh TraotionLima Railway (Ohio)London St. Ry. (Can.)Lorain A CleveLos Angeles Tract.. .

.

Mass. Elec. Co.'sMetro. (Elev.)OhioagoMetrop.St. Ry.(N.Y.)Montreal Street Ry .

.

Muscatine St. RyNewburg St. RyNew Castle Traotion.New London St. Ry .

.

New Orleans CityNorthern OhioTraot.Norwalk Tramway ..

Ogdensburg St. Ry..Olean St. RyOmaha &Coun. BluffRy. & Bridge

Philadelphia Oomp'yPottsv'e Union Trao.Riohmond Traotion.

.

Sacramento ElectricGas& Ry

Scranton Railwav ..

Southwest Mo. Elect.Southern Ohio Traot.Staten Island Eleo . .

.

Toronto Ry.Twin City Rap. Tran.Union (N. Bedford)..United P. & Transp.

.

United Traotion— )

Albany City $

United Traot (Pitts.)

United Tract (Prov.)

Winnebago Traction.WorcesterA Marl'b'h

• Figures from May 1 oover Scranton Railway, Soranton A Plttaton.Scranton A Carbondale and Carbondale Railway,

t Strike in Cleveland In 1899.

207,689140,235

20,95447,986

1,118,067

54.95382,52937,70526,74859,44522,445

39"93937,891

2,605,426

25,669•53,77921,01927,89914.300

116.825225,39024,506

046

110,436

161,474175,617

'8,473

1,565,33379,65597,071

180,162296,245

157,85549.022

810,7391,575,641141,139Inc. 156,

633,760

1,081,6091,076 642

37.519

6,520,686795,598

36,38338,09830,977

434,929163,48726,58211,80017,138

1,078,46270,64377,772

151.585269,419

124,46548,147

716,6921,376.745125,104

925

605,630

945.487919,644

S%8L7

August 18, 1900.1 THE CHRONICLE. 337

Street Railway Net Earnings.—In the following we show

both the gross and the net earnings to latest dates of all Street

railways from which we have been able to procure monthly

returns. As in the case of the steam roads, the returns of the

different roads are published by us each week as soon as re'

ceived, and once a month (on the third or the fourth Satur-

day of the month) we bring together all the reads reDorting

,

as is done to-day., ,—Net Earnxngt.. Gross Earnings.—

Current PreviousTear.

Roads. 9

Alton Ry. Gas & Elect—Oct 1 to May 31 67,515

Amsterdam St. Ry.foApr. 4,465Jan. lto Apr. 30.... 18,720Dec. 1 to Apr. 30.... 23,783

Atlanta Ry & Po b.June 44,928Jan. 1 to June 30.... 242,179

Ballston Terminal..May 2,906

Blnghamton St. Ry.June 17,201Jan. 1 to June 30 82,520July 1 to June 30.... 176,210

Central Crosst'n (tf. Y.)—Apr. 1 to June 30....

Ohio. & Mllw. Eleo. JulyJan. 1 to July 31 ..

Oln. Newp. & Cov.bJuneJan. 1 to June 30....

City Elec(Rome.Oa) JulyJan. lto July 31....

Cleveland Eleo. ad. JulyJan. 1 to July 31—

Clev. Painesv. <fe E.JuneJan. 1 to June 30....

Colorado Sp'gs R. T.MayJan. 1 to May 31....

Columbus Railway.JuneJan. 1 to June 30....Oct. 1 to June 30...

.

Cons.Tr.(Pittf-b hb.JulyApr. 1 to July 31....

Denver City Tr'now.JuneJan. 1 to June 30Mar. 1 to June 30

Detroit Cit's' 8t. Ry JuneJan. 1 to June 30

Detroit Elec. Ry..JuneJan. lto June 30

Det Ft.W.A B.I... JuneJan. lto June 30

Total of all JuneJan. lto June 30....

Dry Do ok East B. & B b—Apr. 1 to June 30 162,555Jan. lto June 30.... 312,803

Duluth Street Ry ..June 25,298Jan. lto June 3o 131,360July 1 to June 30.... 266,956

EastonCons.Eleo.bJune 23,830Jan. 1 to June 30 119,162July 1 to June 30.... 275,517

Galveston City Ry . . Apr. 16,74

1

Jan. 1 to Apr. 30 66,597

Grand Rapids Ry...June 48,885Jan. lto June 30 238,270

HarriBb'gTraot'n...June 31,248Jan. lto June 30 159,867

Herkimer Mohawk Tlion& Frank. El. Ry.June 4,177Jan. lto June 30 25,944July 1 to June 30 51,202

Inter-State Con. St. Rv.—No. Attleb. Mass.. May 14,315Jan. lto May 31 66,802Oct lto May 31.... 109,046

Johnstown Pass.Ry. July 16,973Jan. lto July 31.... 102,812

Lehigh Traotion.. a.July 11,892Jan. 1 to July 31 64,666

Lima Ry. (Ohio). June 4,621Jan. 1 to June 30 23,131Kov. 1 to June 30 30,946

Lond'n8tRy.(Can.)May 7,345Lorain & Cleve. Ry June 9,654

Jan. lto June30 41,920Newburg Electric June 9,828

Jan. 1 to June 30 40,808July 1 to June 30 93,454

New Castle Tract.. May 11,145Jan. lto May 31 46,112

New London St . Ry. July 1 0,493Jan. lto July 31.... 32,041

New Orleans City Apr. 109,404Jan. lto Apr. 30 439,451

Newport News & Old Pt.Ky. & Eleo Mar. 15,853

New York & Queens Co.Apr. lto June 30.... 134,290Ian. lto June 30.... 219,674

Northern OhioTrac.June 38,293Jan. 1 to June 30.... 188,843July 1 to June 30 388,059

Norwaik Tramway. June 8.080Jan. 1 to June 30.... 28,866

Year.9

CurrentYear.

PreviousYear.

51,052 31,293

4.29517,40422,070

44,396213,218

16,48872,797

162,925

160,233 158,039

18,378 6,55371,565 26,140

73,947 63,141369,938 325,592

3,447 2,84822,650 15,418

17S.645 95,8571,143,164 920,346

13,833 11,22458,248 50,623

16,441 12,21960,428 45,893

90,166462,676689,768

254,973 229,142986,921 867,090

114.868 105,938602,390 569,637419,655 396,036

133,330 114,603721,765 614,876

45.083 33,931268,798 206,530

20.0P0 17,854112,230 95,541

198,493 166,3881,102,793 916,947

162,088307,517

20,022101,498215,858

24,766

18,79970,181

6803,6834,919

24,011115,434

1,430

7,96031,73477,150

25,295

9934,3725,380

24,49499,078

6,56019,72769.684

—Gross Earnings.—Current Previous

48,807 50,216

13,232 3,10140,327 7,088

{42,700 140,0771220,145 {183,989

462 9394,393 3,448

84,766 16,358507,084 342,684

7,640 3,39224,657 14,473

5,735 4,81820,501 14,194

47.896236,071352,701

132,099 123,622511,547 411,108

49,940 34.089245,822 172,042179,205 123,957

76,581 56,313371,918 287,303

, 11,667 10,87780,588 70,693

5,563 8,10733,285 38,554

93,811 75,297485.791 396,550

50,28383,936

11,10463,478

127,330

11,32149,282

119.274

6,08318,421

44,241207,689

25,905103.782

31,752140,235

12,03161,962

3,40420,95442,178

def.1,8397.548

19,788

12,36554,95390,872

3,06714,72426,215

14,59082,529

10,49555,857

11,04659,445

6,95730,575

4,74022,44529,493

1.4386,4329,041

5,352 674

8,69839,939

5,65721,271

8,99736.38386,966

4,81515.49942,488

12,03338,098

4,1808,935

8,73430,977

5,5078,448

108,123434,929

35,863163,754

14,743 6,135

127,609197,397

72,97197,137

30,060163,487349,105

13,28970,276

145.968

7,83426,582

2,9957,906

47,66872,756

10,47746.212102,199

9,467

5,81114,413

15,31384,010

10,80447.630

1,74110,34120,784

2,5225,428

11,845

7,35043,397

3,98320,691

2,1057,671

10,168

3194,988

20.2592,616

11,12737,6095,4677,2654,8198.80o

45,131181,832

3,360

68,01979,3258,997

46,074106,409

3,7086,898

Road*.Olean Street Rv May

Jan. 1 to May 31....

Omaha <fe Counoil BluffsRy.& Bridge June

Pottsville Un. Trac. JulyJan. 1 to July 31—

Richmond Trao'n...JuneJan. 1 to June 30Oct. 1 to June 30....

Rochester Ry. b—Apr. 1 to June 30....Jan. 1 to June 30....

Sacramento Electric fas& Railway Co— JuneJan. l to June 30Feb. 1 to June 30

Scranton Railway t . JulyJan. 1 to July 31....

Southern Boul. (N.Y.).b—Apr. 1 to June 30....Jan. 1 to June 30—

South. Ohio Tract . JulyJan. lto July 31

Year.94,318

18,626

Year.S3,680

17,138

Net Earnings.—

\

Current Previous

19,871 17,685

17,00579,655

19,01697,071143,218

229,970462,616

29,936180,162151,401

59,196296,245

13,82023,513

31,215157,855

15,50570,643

16,84877,772

114,971

206,185412,138

25,669151.585126,240

53,779269,419

12,55619,960

27,899124,465

So'west'nMo. Eleo. June 21,997 21,019

Staten Isl. Eleo. a..Apr.Jan. 1 to Apr. 30 ...

July 1 to Apr. 30....

Syracuse R. T.b—Apr. 1 to June 30Jan. 1 to June 30

Taooma Ry. & Power-Jan. 1 to Apr. 30 ...

Tarryt'wn White P.&M.—Apr. lto June 30....Jan. 1 to June 30

Twin City Rap.Tr. b.JuneJan. lto June 30

United Trac. (Pitts.)July

Union Ry. (N.Y.) b.—Apr. 1 to June 30....Jan. lto June 30....

Westchester Electric.b—Apr. 1 to June 30Jan. 1 to June 30....

Winnebago Tract.. MayWorcester & Marlb'rough

St. Ry.a JulyJan, lto July 31

Yonkers RR.—Apr. 1 to June 30Jan. 1 to June 30....

13,84249.022163,704

139,975282,833

14,30048,147

163,995

123,371244,018

Year.S1,8597,851

12,260

S.86936,275

9,87745,81265,630

86,618175,193

16,539100,16185,624

27,795130,137

5,4086,070

18,15474,172

9,960

3,2412,618

33,646

60,427112,687

Year.%1,6237,847

9,039

8.36232,047

8,86132,4284S,463

78,122163,494

14,63381,99769,669

25,80j123,35s

3,9503,184

14.11245,334

12,712

3,689def. 33142,618

50,48988,850

86,997 76,342 c23,249 cl5,142

12.95720,041

12,04518,145

2,6291,197

3,9841,829

239,405,325,799

201,9671,151,355

129,669678,102

107,447598,470

171,234 161,474 75,201 94,828

225,804385,184

188,067312,925

103,222145,749

70,72980,656

43,74674,903

39,62565,156

1,154def. 4,935

2,937def. 4,785

7,250 2,915

8,54237,519

8,47336,317

4,46611,730

4,4966,986

46,03080,360

44,79572,389

15,78522,067

16,85517,956

a Met earnings here given are after deducting taxes.

b Net earnings here given are before deducting taxes.

c Net earnings here given are after allowing for expenditures forimprovements.d Strike tn 1899.

{Taxes and tolls in June, 1900, were $12,315, against $11,718,and from Jan. 1 to June 30 $74,052, against $75,115. After deductingthese items the net in June, 1900. was $30,385, against $28,359,and from Jan. I to Jane 30, $146,093, against $108,874.

t Figures for May, June and July in both years include results onScranton Railway, Scranton & Pittston, Scranton & Carbondalo, Car-bondale Traction and Carbondale Railway.

Interest Charges and Surplus.—The following Streetrailways, in addition to their gross and net earnings given inthe foregoing, also report charges for interest, &c, with thesurplus or deficit above or below those charges.

, Int., rentals, etc.

Current Previous^Bal. ofNet Earn's.-*Current Previous

Roads.

Atlanta Ry. & Pow.JuneJan. 1 to June 30

Central Crosst'n (N. Y.)—Apr. 1 to June 30

Cleveland Electric.July

Cons. Trac. (Pittsb.)JulyApr. 1 to July 31....

Oenv'r City Tramw.JuneMar. 1 to June 30

Easton Cons. Elect.JuneNew York & Queens Co.

Apr. l to June 80Rochester Railwav—

Apr. lto June 30Sacramento Eleotrio Gas& Railway Co JuneFeb. 1 to June 30

Syracuse Rapid Transit-Apr. 1 to June 30

Twin City Rapid Tr.JuneJan. 1 to June 30....

United Trac. (Pitts.) JulyUnion Railway-

Apr, lto June 30

Year.9

Year.9

Year.9

Year.9

9,95268,826

10,56262,013

14,05946,608

13,93237,065

25,883 31,227 *24.223 *20,175

18,875 16.375 65,891 def.1759,023

243,65556,958

237,9701101,089t381,596

t94,434t283,670

31.048123,502

29,74194,874

18.89255,703

4,34829,083

7,397 5,778 3,924 3.689

44,509 83,447 '29,956 *df.l2,509

69,419 74,508 25,516 6,299

8,96443,998

9,19545,976

7.57541,626

5,43823,693

54,444 52,557 *7,282 *def.l,087

67,416422,665

66,978405,134

62,253255,437

40,467193,336

45,958 53,294 29,243 41,534

35,756 41,408 67,466 29,321

* After allowing for other income received.

t These figures inolude other income. After deduoting $86,501 forinterest and dividends on preferred stock in July, 1900, and $"4,872in 1899, there is a surplus of $14,588 this year, against $19,562 lastyear. From April 1 to July 31, 1900, interest and dividends were$346,172, against $299,491 m 1899, leaving a surplus this year of$35,424, against a deficit last year of $15,821.

338 THE CHKONICLR [Vol. LXXI.

ANNUAL REPORTS.

Annual Reports.—The following is an index to all annuareports of steam railroads, street railways and miscellaneous

companies which have been published since July 21. All re

ports published during the first half of 1900 will be found in

the general index in the Chronicle of June 29, where the

same are designated by heavy type.

This index does not include reports in to-day's Chronicle.

RAILRO A DS & MlSCBLL. COMPANIES.Volume 71— Page.

American Cement..statement May1, 180J 180

American Iron & Steel..statementApril 3<>. 1900 180

American Linseed 234Am. Pneumatic Service.. 6 monthsto DfC. 31. 1899 180

American Shipbuilding.. 15 month*toJimeSO 234

Atcb. Topeka & Santa Fe 232Baltimore & Ohio 2*2Boeton * Albany 285Boston Electric Light 288Boston & N. Y. (lndep.) Teleph. &Teleg 234

Buffalo Rochester A Pittsburg 285Chicago Great Western 179Chic. Burl. iQulncy 2S2Chicago & Eastern Illinois 286Chicago & North Western 284, 291Clev. Cin. Chic. & St. I oul MiCramp (Wm,) & Sons Ship A En- "

gine Building .. 234Denver & Rio Grande 232Flemington Coal* Coke 180Glucose Sugar Reflning 286International Pap-r 2R«International Steam Pump 235Kansas City Ft. Scott & Memphis. 285Kansas City Memphis & Birm 236

RAILROADS &MI8CELL. CO.'S-(Con).Volume 71— Papt.

Louisville& Nashville 28o

Mob. Jackxon & K. C ••- 232National Tube 23o, 240Nashville Chattanooga & St.Louts. 2 6New Eng. Cotton Yarn. .. 11!^ moe. 28?New York Ontario & Western 28a

Norfolk & Western 233Oregon RR. & Navigation 233

Oregon Short Line 233Pittsburg Bess. & Lake Erie 2858t. Joseph & Grand Island 283

St Louis & San Francisco 233Silver Spr. Ocala & Gulf, .statementof May 1, 1900 S33

Southern By 286Toledo A Ohio Central 180Unon Paciflc 233West Jersey & Seashore 234Wheeling & Lake Erie 1 < 9

Street RAILWAYS.

Volume 71— Page.Chicago Union Traction 179Consol. Traction (Pittsburg, Pa.).. 186Market 8t. Ry. (San Francisco) .... 82Massachusetts Blec. Co.'s.9 monthsto June 80. 1900 2 :4

Milwaukee Elec. Rv. & Light 2dUnited Traction (Pittsburg, Pa.) . 180

Boston & Maine Railroad.

(Statement for the year ending June SO, 1900.4

In advance of the pamphlet report, the i'atement of re-

sults for 1899-00 has been issued, which we compare withprevious years:

EARNINGS, EXPENSES, ETC.

1899-0. 1898-9.

Gross earnings 22,148,602 13,890,607Operating expenses. 15,564,961 *13,705,977

Net earnings 6,583,641 6,184,630

Other income 677,316 656,553

Total net 7,260,957 6,841,184

Fixed charges 5,508,920 5,493,939

Sinking fond.1,752,037

64,717

Balance 1,687,320Dividendst 1,515,304Contingent fund 150,000

1,347,24467,829

1,279,4151,234,002

1897-8.$

19.742,91613,6fc0,790

6,062,156

697,320

6,759.475

5,426,272

1,333,20369,779

1,263,4241,234,002

1896-7.

19,556,68713,556,214

6,000,473

638,509

6,638,982

5,301,086

1,337,8 ">6

68,601

1,269,2951,234,002

Surplus. 22.016 45.413 29,422 35,293

1 Includes in 1898-9 $489,714 for equipment and automatic couplers,t Includes 6 per cent on preferred in all the years, and a per cent oncommon, except in 1900, in which 7 per cent was paid.—v. 71, p. 2 37235.

Brooklyn Rapid Transit and Constituent Companies.

(Preliminary comparative statement for years ending JuneSO, 1900 and 1899.J

The following statement for two years is official:

Receipts— 1900. 1899Passengers $11,206,716Freight, mail and express 61,305Advertising 108,783Rents 167,253Other miscellaneous inoome 224,493

$10,793,93436.791

109,487140.811234,960

$11,768,550Expenses—

Maintenance of way $415,729Maintenance of equipment 882,183Operation of power plant 964,665Operation of oars 8,551,476General expenses 494,530Damages 797,790Taxes 736,721Net fixed charges 3,398,684

$11,241,778Surplus or deflolt sur.$526,772Surplus June 30. 1899 96,654

$11,316,033

$374,947983,216948,749

3,593,367582,175738,837636,635

3,659,988

$11,517,914def. $201,881

Total surplus June 30, 1900 $623,426

The operations of the Kings Co. Elevated for June, Julyand August, 1900 and 1899, are not included in the above, thecompany having been operated independently during thatperiod.The above figures include the full effect of the strike

which occurred on July 16, 1899. The extent of injurythereby caused is partially shown by the figures for July,1900, as compared with July, 1899, as follows :

July— 1900. 1899.Gross receipts $1,141,742 $976,801Expenses, including taxes 670,642 719,796

Net earnings $471,100 $257,005Net fixed charges 293,642 294,351

SurpluB or defioit sr.$177,458 df.$37,84fl

CONDENSED BALANCE SHEET FOR ALL COMPANIES, JUNE 30, 1900Assets-

Cost of road and equipment $85,984,973Additions and betterments not yet distributed 85,773Equity Brooklyn City Construction 5,018,105Equity Prospect Park & Coney Island Construction 109,427Guaranty Fund 4,005,755Treasury bondsStock, B. R. T. Co...Aocounts receivablePrepaid insurance..SuppliesCash on hand

5,513.000146,228311,90434,261

516,6091,470,288

Total $103,195,320

Liabilities—

Capital stock B. R. T. CoCapital stock constituent companies not owned by B. R.T. Co.:Nassau pref. outstanding $448,000B. U. E. pref. outstanding 285,647B. U. E common outstanding 807,028-

Funded debt, see Street Railway SupplememtLoanslute'est accruedTaxes accruedRentals accruedAudited vouchersAccounts payableReal estate mortgagesContingent liabilitiesSurplus

$45,000,000

1,540,67452,474,0401,000,000116,579696,052686,140641,397110,106226,725180,181623,426

Total $103,195,320-V. 71, p. 181.

Fitcliburg Railroad.

("Report for the year ending June 30, 1900.

J

A preliminary statement for the late fiscal year shows:1899-00.

Gross earnings - $8,040,425Operating expenses 5,337,866

Net earnings $2,7t>2,559Interest, taxes and rentals 1,526,117

Balance for dividendsDividends, 4 per cent on pref..

$1,176,442679,688

1893-99$7,647,0305,312,556

$2,334,5241,547,727

$786,797674,535

1897-98.$7,359,4705033,571

$2,275,8991,567,639

$703,260605,022

Balance, surplus.—V. 71, p. 2d7.

$496,754 $112,262 $103,238

Manhattan (Elevated) Railway.

(Statement for year ending June 30, 1900.)

The results for four years have been as below given:1893-00. 1899-99. 1897-98. 1896-97.

Gross earnings....Oper. expenses...

Net earnings....Other income ,

9.139,573 8,719,435 9,183,542 9,163.7405,232,620 5,261,167 5,326,657 5,302,351

3,905,953831,325

Total 4,737,278Fixed charges 2,707,765

3,458,329340,600

3,798.9292,678,417

3,856,835211,715

3,861,389180,276

4,068,6002,645.324

4.041,6652,707,016

Balance 2,029,513 1,120,511 1,423,276 1,334,649Dividends (4)1,920,000 (4)1,380,000 (4)1,200,000 (5)1,500,000

Result sur. 109,513 def. 259,498 sur. 223,276 def. 165,351

GENERAL BALANCE SHEET JUNE 30.

Assets. 1900. 1839.Road and equipment $64 561,728 $62,608,639Cost of leases 14,014,000 14,014,000Other perm, invest's, real; est. 3,185,865 3,031,995Supplies on hand, etc 257,245 222,152Due on aooount of traffic 14,023 9,807Other aooounts 12,432 104,868Cash on hand 173,506 993,699Loans on collateral 12,461,516 13,149,220Jay Gould suretyship 300 000 300,000Redemption of bonds 122,000 8,823Sundries 229,062 143,908

1898.

$60,477,14714,014,0002,592,015242,401

8,6796,409

106,958140,000300,003

8,622108,625

Total assets $95,331,440 $94,587,111 $78,004,885

Liabilities.

Capital stook $47,999,700Funded debt 39,685,000Man. By. 4% bonds, specialLoans and bills payable.Interest due and accruedDividends unpaidWages, supplies, etoTaxes in litigationOpen accountsConv. bond certificates...Sundries

300,000

292,7097,353

401,8751,945,558

69,80744 3534,098

Proflt and loss (sur.) 4,571,298

$47,950,56839,547,000

300,000

292,9107,374

355,7191,482,758

74,02744,03 570,93 '>

4,461.785

$30,000,00039,546,000

300,0001,425,000357,25057,374

436,8811,033,347

73,17245,0359.654

4,721.272

Total liabilities $93,331,440-V. 71, p. 287.

(1,587,111 $78,001,883

Mexican Central Railway.

(Half-year ended June SO, 1900.

J

The company reports as follows for the six months endedJune 530

:

1900. 1899. Increase.

Gross earnings (Mexican cur.) ...$8,979,974 $7,369,434 $1,610,540Operating expenses (Mex. cur.). 5,83:>.901 4,965,661 874,240

Net earnings (Mex. currency). $3, 140,073Aver, rate reo'd for Mex dollars.. 47"98o.Net earnings, equlv. in U. S. cur. .$1,506,688Deduot miscellaneous items 61,991

Balance. $1,444,697Fixed charges 1,267,382

$2,403,773 $736,30048920. Dec. 004c

$1,176,C04 $330,6947,866 54,125

$276^5912,852

$1,168,1381,254,530

Surplus. $177,316 def. $86,392 $263,707

August 18, 1900.] THE CHRONICLE. 339

The surplus from the operation of the railway, as above,was 1177,315, and the net income of the subsidy trust fundfor the first six months of 1900 was $76,162, making the total

Burplua $253,477.—V. 70, p. 1291.

Missouri Kansas & Texas Railway.

('Statement for year ending June 30, 1900

J

The results for the late fiscal year compare as follows:

1899-0.Grose earnings $12.*,26,511Operate expenses and taxes.. 8,765,469

Net earnings $3,861,042Fixed oharges ?,453,385

1898-9.$11,930,334

8,012,828

$3,917,5063,430,411

Balance, surplus for year.,

-V. 71, p. 236.

1897-8.$12,017,237

8,182,388

$3,864,8493,427,170

$407,657 $487,096 $437,679

New York & Queens County Railway.

(Statement for the year ending June 30, 1900.J

The earnings for the last fiscal year were as follows

:

1 899-0.Gross earnings $461,943Operating expenses.... 250,505

Net earnings $211,438Other income 6,504

Total net income... $217,94

2

Dtduct—Taxes 30,000)Interest on bonds 112.729 5

18989.$122,545242,924

$179,62124,684

$204,305

277,115

1897-8.$408,949251,277

Balanoe, surplus.-V. 70, p. 176.

$75,213 di.$72,810

$157,67228,608

$186,460

254,844

df $68,364

1896-7.$404,458232,407

$172,05169,543

$241,594

5 15,947I £00,000

$25,647

Pecos Yalley & Northeastern Railway.

(Preliminary Report for the year ending June 30, 1900.JPresident J. J. Hagerman says in substance:

The line from Pecos to Roswell, 1637 miles, was completed in 1894.From Roswell to Ainarillo the road was turned over to the railwaycompany by the Construction Company as a completed line on March1st, 1899, and since that date the railway company has operated theentire 3722 miles. The bonds of the road bear interest from Jan. 1st,

1898, but under its contract the Pecos Railway Construction & andCo. (which built the road from Amarillo to Roswell) paid the intereston $2,790,000 of the bonds from Jan. 1 st, 1898, till March 1 , 1899. Itwas also provided that on the acceptance of the new line, the con-struction company Bhould pay to the railway company $279,000 incash, the same being pledged to thepayment of interest on $2,790,000of bonds for two years alter the completion of the Roswell-Amarilloline.Since March 1st, 1899. to date, the physical condition of the prop-

erty has been much improved, particularly in the way of ballasting,all of which has been charged to operating expenses. The rainsduring 1899 were excessive, necessitating much more than ordinaryrepairs.From Amarillo to Roswell, 20tt miles, is a vast tract of level and

rich pasture land oovered with grama and other nutritious grasses,which until recently was occupied by the large oattle oompaniessolely for grazing purposes. Since the building of the road, the lands,both in Texas and New Mexico are being acquired for farming and forraising cattle. In many places excellent water in abundant quanti-ties is found from twelve to twenty feet below the surfaoe. The gen-eral elevation of the country is from S.700 to 4,400 feet above the sealevel, and the rainfall is sufficient for the successful raising, withoutirrigation, of Indian corn, Kaffir corn, millet, sorghum, and other foodfor the winter feeding of oattle. Most of the vegetables raised in theSouth and Middle States are produoed successfully.Sinoe the completion of the road to a northeastern connection, the

irrigable portion of the Pecos Valley has improved iapidly. The landis being bought by people who are able to improve and make profit-able use of it. The largest item of traflio on the road is live stock; inApril, May and June, 1899, the time of the spring movement. 1,692car-loads of cattle were carried. During the same period this year2,970 oar-loads were moved. There is also a marked improvement ingeneral business, other than live stock, on the entire line. In April,May and June, 1899, the gross earnings were $100,221. Duringthe same period in 1900 the earnings were $140,022.The movement of oattle this fall promises to be much larger than it

was last year. The general outlook for the property is excellent, andthere is every reason to believe that it will more than earn Its fixedcharges In the second year of Its operation, and that thereafter, asthe immense territory tributary to it Is Improved, it will earn divi-dends on its stock, and at the same time improve its physical condi-tion.

The following preliminary report is submitted for the yearending June 30, 1900, being the first complete fiscal year sincethe formation of the company and the completion of its en-tire line of road from Amarillo to Pecos, a distance of 370miles

:

Statement of the earnings and expenses of the pecosvallet &nobtheastebn by. co. fob the teab ending 30th june, 1900.

Gross earnings, freight. .$313,722Passenger 76,366Mall 16,198Express, Telegraph &Miscell 40,352

Operating expenses $316,£ 90

Net earnings 129,648Fixed oharges (includingtaxes) 160,050

Total $446,638 Dt ficit for year $30,402

GENEBAL BALANCE SHEET JUNE £0TH, 1900.

Liabilities—Stock, preferred $3,162,000Stock, common 3,162,000Bonded debt i!,984,C00Due Construction Co. .

.

3,809Current accounts 54,438

Total ..$9,366,347

AssetsRoad and equip $9,017,002Telegraph Co. stock.... 18,500Real estate and otherInvestments 9,734

Materials and supplies. 31,754Cash in banks 150,724Due from Co.s & indlv. 43,610•Bonds, unsold 68.0C0Deficit 27,022

Total $9,366,347

" Net earnings used for permanent improvements, new engines andequipment, for which the company has drawn from the trustee bondsreserved for that purpose as provided in the mortgage.—V. 67,p. 1208

Rio Grande Western Railroad.

(Statement for year ending June SO, 1900.

J

An advance statement for the late fiscal year compares asfollows

:

INCOME ACCOUNT.

1899 00. 1898-99. 1897-98. 1896-97.H ft ft ft

Gross earnings 4,510,603 3,352,988 3,362,288 2,468,504Operating expenses 2,699,259 2,084,525 2,069,177 1,604,544

Net earns. & other ino. 1,8 11,344 1,268,463 1,293,111 863,960Taxes, int. and rentals 848,800 781,619 748,042 732,590Dividend on pref. stock. .(5) 348,561 (5)334,810 (5)324,778 \i percent.

1,197,361 1,116,429 1,072,8.0Surplus for year 613,983 152,034 220,291

732,590131,370

J Paid 4 per cent dividend in preferred stock.

PBOFIT AND LOSS ACCOUNT.

1899-00.

Surplus for year $613,983Add balanoe from previous year ... 43,149Miscellaneous adjustments

189899.$152,034

21,410

Total •. $657,132Deduct—

Dividend on common stock $500,000Betterment fund 50,000Insurance fund 25,000Relief fund 19,000Miscellaneous

Total $594,000Balance carried forward $63,132

$173,444

*$ 100,000

2{MK

"5,295

$130,295$43,149

1897-98.

$220,29148,8892,230

$271,410

•$200,00050,000

$2£ 0,(00$21,410

Paid in preferred stock.—V. 70, p. 1196.

San Francisco & North Pacific Railway.

(CALIFORNIA NORTHWESTERN RAILWAY CO., LESSEE.)

(Report for the year ending June 30, 1900.

)

President Arthur W. Foster says in substance:The surplus earnings over expenses and fixed oharges are $3,161 in

excess of those for the preceding year. The demand for increasedservice and greater conveniences compels the company to keep thephysioal oondltion of the road to the highest standard. Muchwork has been done in Improving the general condition of the property.The equipment has been increased by the addition of a new 65 tonKaldwin locomotive and a small logging engine; ten new box and tenflat care, and new pile driver; and the freight equipment is being Im-proved by putting in Janney couplers. During the year, 175 tons ofnew 651b. steel rail, 119 tons of 56-lb. steel rail, have been plaoed onmain line, and 72 tons of Iron relald on branches and sidings; 23,685cross ties laid on main line and sidings, and 5,043 Servis tie platesplaoed In track; 3,578 feet of new sidings have been laid during theyear.

EABNINGS, EXPENSES AND CHABGES.

1899-00. 1898-99. 1897-98. 1896-97.Earnings— $ $ $ $

Passenger 448,343 412,940 392,382 359,983Freight 452,926 455,506 396.526 326,751Mail, express and miscellaneous.. 56,954 53,799 51,054 50,360

Total 958,223 922,245 839,962 737,094

Expenses—Conducting transportation. 214,005 198,838 183,444 180,209Motivepower 13°,770 124,869 111,145 99,779Maintenance of cars 37,468 46,039 24,552 25,403Maintenance of way 130,598 113,127 105,265 87,186General 74,839 84,277 69,292 e9,526Taxes 42,256 33,813 36,481 34,866

Total 638,936 605,963 530,179 496,969Net earnings 319,287 316,282 309,783 240,125

Deduct—Interest on bonds 201,743 201,900 203,050 204,915Sinking fund 25,000 25,000 25,000 25,000

Total 226,743 226,900 228,050 229,915Balance, surplus 92,544 89,382 81,733 10.210-V. 71, p. 136.

Western New York & Pennsylvania Ry.

(Preliminary statement for year ending June 30, 1900

J

The following is compiled from statements to the NewYork State Railroad Commission:

EABNINGS, EXPENSES AND CHABGES.

1899-0. 1898-9. 1897-8. 1896-7.ft '> ft S> ft

Gross earnings 3,80i»,584 3.291,410 3,245,937 2,954,772Operating expenses 2,889,513 2,272,944 2,142,fc01 2,012,946

Netearnings 914,071 1,018.4<6 1,103.132 911,826Other Income 41,599 48,037 18,021 55,651

. Total 955,670 1,066,503 1,121,153 967,477Interest, taxes, etc 920,875 956,357 927,146 873,442

Surplus for year 34,795 110,146 194.007 94,035The general mortgage carried interest till April 1, 1897, at

2 per cent, since anri until 1901 at 3 per cent, and thereafterat 4 per cent.— V. 71, p. 183.

Hawaiian Commercial & Sugar Co.

(Report for the year ended Dec. 31, 1899.JThe report of General Manager W. J. Lowrie gives a de-

tailed account of the operations of the property. PresidentH. P, Baldwin adds in part:Results.—The past year has been In many respects a trying year,

first with the plague, which broke out in Kahului, our shipping port,and then with the terrible fire In our cane fields. The output of sugar

340 THE CHRONICLE. rvoL. lxxi.

lor 1899 was 16.621 tons. The amount marketed -was 16,341 tons

and on this amount the receipts averaged $85 12 per ton, and the ex-

penses $47 94. making the net profit $37 18 per ton. We expect,

this

year (1900) a crop of 18,000 tons, which, on above hasis, win give a

net profit of $669,168. For 1901 we expect a crop oi 27,000 tons,

yielding a net profit of $1,000,000.Improvements.—The late management contracted to purchase iour

pumps, each of 10,000,000 gallons capacity in twenty-four hours,

three of which were to deliver water to 350 and one to 475 it. eleva-

tion. We decided to reverse toe proposition and conduct the mount-

ain water to the upper lands at an elevation of about 180 feet anove

the sea level, and pump It to the lands below, where the cost of pump-ing is comparatively small. The necessary ditch, tunnel ana pipe

line are now nearly completed; their total cost will not exceed *^»u,-

000. The new ditch will carry easily 60.000,000 gallons of water in

twenty-four hours, raising the ditoh capacity on the plantation to

135,000,000 gallons in twenty-four hours. The surplus water will be

stored in reservoirs. One of the pumps was sold to the McBryaeplantation on Kaui and another, which has not as yet been com-

pleted, will be taken by the Kihei plantation.Grinding Contract.—The directors have entered into a ten year

contract with the Kihei plantation Co. for grinding their cane. TheKihei crops will probably be, for 1901, 6,000 to 6,500 tons; lor 1902,

11,000 to 11,400 tons. The cost of hauling the cane and manufactur-

ing the same into sugar, including mill repairs at our new works, winprobably not exceed $4 50 per ton, leaving us a profit of $8 per ton.

New sugar Factory.—The directors have deoided to ereot a newsugar factory to be located in a central position on the plantation

about Ha miles back of Kahului. We have in round figures 20,000

acres of sugar lands and should produce, when the water supply is

fully developed, an annual output of at least 50.000 tons of sugar.

This would be fully 20,000 tons more than can be taken oare of at the

present works, and with the Kihei crop 30,000 to 35,000 tons morethan the capacity of the present works, which, moreover, are largely

old-fashioned, the cost of manufacture being at least $2 per ton of

sugar more than it should be.The steel building for the new factory, which has been ordered

large enough for a 550-ton plant, has been already contracted for

and will cost ereoted on the ground $241,046. We advise putting in

two-thirds of the machinery to handle the crop of 1902 and then the

following year the balance of the machinery, thus bringing the plant

up to 500 tons capacity. The oost of the new works erected for the

350 tons capacity will probably be about S700.C00; for 500 tons ca-

pacity about $900,000. The new works when fully equipped will be

the largest and most complete cane sugar factory in the world.

Purchase of Railroads.—The company has purchased the entire

capital stook of the Maui RR. & 88. Co. for $98,834, the cost of thesettlement being only $43,000, after allowing for $55,834 oash In

treasury of the Maul Company. We have also bought out the Kahu-lui RR. Co., paying $66,032 for their railroal property, and for thelumber in the lumber yard and general merchandise on hand, $43,363,bo that we are now carrying on the profitable railroad and lighterage

business at the port of Kahului.

income in 1899.

Gross returns from sugar .- $1,349,871Rents, old rails, Kahului store, etc., etc 41,124

Total income $1,390,995

Cost of 1899 crop ($478,164) and marketing ($161,565) .... $639,729San Francisco expenses ($36,299), fire insurance ($6,086),legal ($32,179), etc., etc 78,263

Total operating expenses $717,992

Net earnings $673,003

Deduct interest ($57,668) and premium on bonds ($7,849).. $6i,517Dividend paid Dec. 20, 1899 50,000

Total $115,517

Surplus $557,486

Balance Sheet.—The balance sheet Dec. 31, follows:

A»et»—Real estate & water

rights... .

Plows, tools, &cBitchesMills atin buildings..ReservoirsRailroadPlantationWeils and pumps...Kahului storeGrowing crops......Dividend fundUK. shares owned..Miscellaneous

1899.

963,570120,894625,972

1,464,01361,235

328.009829,074460,904159,293f.97,476250,000207,72873,337

1898.$

940,11771,272

611,3311,346,180

61,235314.766522,05287,390

105,76066,366

267,413

Total 5,641,511 4,393.872-V. 70, p. 1098.

1839. 1898.Liabilities— $ $

Capital stk. paid in..2,312,755 2,312,755Notes payable 100,000 M81.717Bond account 1,171,636 656.128San Francisco dr'its .... 6,709Honolulu drafts .... 13,720Fraser & Chalmers. 21,160MauiRR. &SS. Co.. 43,175Dividend fund 250,000Henry F. Allen , 21,511Alexander&Baldwin 97,259 11,657Daniel Meyer 294,919 2*,28»Unpaid coupons 8,754 8,253Sundry charters.... 3,772 7,969Surplus 1,324,471 1,016,1*85

Total 5,641,511 4,393,872

GENERAL INVESTMENT NEWS.

RAILROADS. INCLUDING STREET ROADS.

Contributions.—Subscribers and others will contribute

materially to the completeness and value of this department,

if they will send us prompt information as to all matters

coming within their personal knowledge affecting the

financial status of any company whose securities are held

by the public, particularly facts as to new stock andbond issues, leases and consolidations, defaults in interest

or dividends, protective committees, reorganization plans,

«tc. Copies of official circulars, readjustment plans or no-

tices, financial reports of every kind and brokers' offerings

of new securities will also be appreciated.

Baltimore & Ohio RR.—Bonds Listed.—The New YorkStock Exchange has listed an additional §1,000,000 South-western Division first mortgage 3>£ per cent gold bonds,making the total listed to date $41,990,000. The additionalbonds are part of the $5,000,000 reserved under the terms ofthe mortgage, to be delivered only at a rate not exceeding$1,000,000 yearly, for additions, extensions, new equipment,etc.—V. 71, p, 287, 235, 232.

Boone County Ry.—Bonds Assumed.—See Chicago &North Western Ry. below.

Boston & Maine RR.—Quarterly.—Earnings for the quar-ter ending June 30 were:3 mos end. Gross Net Other interest, Balance,June 30— earnings, earnings. income. taxes, etc. surplus.1900 $5,507,299 $1,326,525 $223,835 $1,355,294 $195,0661899 5,238,567 1,623,748 227,508 1,404,384 446,872

The figures for the year ending June 30, 1900, will be foandon a preceding page under "Annual Reports."Bonds Sold.—See Fitchburg RR. and Maine Central RR.

below.— V. 71, p. 287, 235.

Boyer Talley Ry.—Bonds Assumed.— See Chicago& NorthWestern Ry. below.

Bradford Central RR.—Proposed Consolidation.—SeePittsburg Binghamton & Eastern RR. below.—V. 70, p. 279.

Bridgeton & Millville Traction Co.—Bonds Offered.—Bioren & Co., 322 Chestnut St., and E. C. Miller & Co., 437Chestnut St., Philadelphia, offer at par and interest $350,000first mortgage five per cent gold bonds, due 1930, interestJanuary and July, bearing the endorsed guaranty of theAmerican Railways Co. See advertisement on page viii.

—

V. 69, p. 439.

Brooklyn Union Elevated RR.

—

Purchase of RemainingAssets of Old Company. -On Wednesday the RR, companypurchased at auction sale for $174,837 all the unmortgagedassets of the old Brooklyn Elevated Ry., the purchase pricebeing more than covered by the deficiency judgment held bythe new company against the old corporation—V. 69, p. 129.

Canadian Pacific Railway.

—

Dividend on Common Stock.—The company has declared a dividend of 2% per cent, pay-able Oct. 1, on the common stock for the half-year endedJune 30 last. In 1899 2 per cent was paid semi-annually, butin April last the distribution was 3 per cent.—V. 70, p. 1148.

Central RR. of New Jersey.

—

Negotiations.—It has beencurrently reported in financial circles that this road is aboutto become part of the Baltimore & Ohio system. We under-stand, however, that the negotiations, long pending, havenot yet been concluded, and that if finally successful theywill involve not a lease of the Central, but control throughownership of stock.—V. 71, p. 28.

Chicago General Railway.—Deposits.—The bondholdersare requested to deposit their holdings with the Real EstateTrust Co. of New York under an agreement which appointsJames P. Black, Lyman M. Paine and N. D. Lawton a reor-ganization committee with the usual powers.—V. 70, p. 1290.

Chicago & North Western Ry.

—

Branch Line Bonds.—Thereport published last week (see pages 291-294) states that thefollowing branch-line bonds were assumed by the companyin June, 1900 :

Amount. Maturity. Interest.Boyer Valley Ry. 1st M $1,440,000 Dec. 1, 1923 3^ J&DMinnesota & Iowa Ry. 1st M 1,904,000 June 1, 1924 3 1* J&DBoone County Ry. 1st M *l,O0O,Ono June 1, 1924 3h> J&DMankato & New Ulm Ry. lstM....t 416.000 Oct. 1,1929 3H A&OMinnesota & So. Dakota Ry. 1st M.* 528,000 Jan. 1,1935 3 1* J&JIowa Minn. & No. West. Ry. 1st M. 3,900,000 Jan. 1,1935 3*$ J&J

* All owned by the company, t $172,000 owned by the oompanyand remainder held in sinking funds.

Full particulars regarding these new lines will be found onpage 294 of last week's Chronicle, and further data regard-ing the two loans first named on page 28 of issue of July 7.

These various mortgages were made subsequent to the exe-cution of the general 3J^ per cent mortgage of 1897 and weretherefore not provided for by the last-named deed.Extensions.—General Counsel N. M. Hubbard says:During the last ten years our company has been developing its sys-

tem by building connections and branches. We have that work fairlywell completed, and attention is now being turned to the Northwest.We are reaohing out after Oriental traffic. Our associations with theUnion Pacific are very close. Mr. Harriman is beooming the leadingrailroad man of the West. The railroad situation Is reaohing thepoint where there will be a few great systems, and they with connec-tions from the Atlantio to the Paoitlo. Our road is In good shape toprotect its interests. It was the fact that we were far out Into Wy-oming with our line and in oontrol of a low pass over the RockyMountains that gave us our present contract with the Union PacificWe were Independent, and we propose to remain so, and the time maybe close at hand when our line may go toward the Paolflo Coast.—V.71, p. 284, 291.

Chicago & Western Indiana RR.- Called Bonds.—Onehundred and four ($104,000) first mortgage bonds of 1879 havebeen drawn for the sinking fund and will be redeemed onNov. 1 next at the office of J. P. Morgan & Co., New York,at 105—V. 70, p. 1148.

Choctaw Oklahoma & Gulf RR.

—

Earnings. —Earnings for

the eight months ending June 30 were :

8 mos.— Gross. Net. Charges. Dividends. Bal., sur.1899-0 $1,552,547 $575,371 $178,245 $175,000 $222,1261898-9 1,259,491 465,904 172,000 100,000 193,904

The dividends include 2% per cent ($100,000) on preferredin each year and 2 per cent ($75,000) on common in 1899-0.

From the balance as above, $222,126 in 1899-0, there wasappropriated $40,000 for equipment renewal fund, leaving$182,126.—V. 71, p. 83.

Cincinnati Connecting Belt RR.—Listed in Philadelphia.—See Cincinnati Portsmouth & Virginia RR. below.—V. 70, p.

230.

Cincinnati Portsmouth & Virginia RR.—Earnings forfiscal Year.—The earnings for the fiscal year ending June30 were:Tear. Gross. Net. Int., tax, etc. Div.onpref. Bal.,ntr.1900 $359,472 $105,672 $31,600 (2%) $23,7(30 $50.31'-1891* 293,713 72,819 29,900 (2%) 33 760 19,150

August 18, 1900J THE CHRONICLE. 341

Guaranteed Bonds Listed in Philadelphia.—The $200,000first mortgage 5 per cent bonds of the Cincinnati ConnectingBelt RR. have been listed on the Philadelphia Stock Ex-change. The railroad is in operation between Idlewild, onthe Cincinnati Portsmouth & Virginia and Cincinnati Leb-anon & Northern railroads, and Bond Hill Crossing overthe Baltimore & Ohio Southwestern RR., a distance of 2-24

miles; and construction between Bond Hill and Ivorydale, adistance of 1*75 miles, is to be completed by Sept. 1, 1900.

Authorized capital stock, $300,000, all of which is outstand-ing ; ten per cent—$30,000—paid in and subject to call for

unpaid instalments. On Nov. 15, 1899, the property wasleased to the Cincinnati Portsmouth & Virginia RR. Co. for

99 years from Dec. 1, 1899, under the terms of which lease thelessee guarantees the payment of the $200,000 first mortgage5s, both principal and interest. See guaranty, etc., V. 70, p.

75, 280.—V. 70, p. 75,

Cleveland Akron & Columbus Ry.

—

Mortgage.—The com-pany has filed its mortgage for $4,000,000 to the CommercialTrust Co. of Philadelphia as trustee.—V. 71, p. 134.

Cleveland Electric Ry.—^Increase of Stock.—The stock hasbeen increased from $12,00(7,000 to $13,000,000.—V. 71, p. 181.

Columbus & Northern Railway of New Mexico.—Mort-gage.—The company has made a mortgage to the CentralTrust Co. of New York, as trustee, to secure $500,000 of

45-year 5 per cent gold bonds. Andrew O. Bailey of Deming,N. M., is President of the railway company, which proposesto build from Columbus, N. M., north to Deming, in GrantCounty, about 35 miles. The Treasurer is W. R. Merrill, Co-lumbus, N. M.Columbia Southern Ry.

—

Receiver Asked.— Drake C.

O'Reilly, as owner of $114,700 of the company's $300,000 cap-ital stock, has filed suit in the State Circuit Court at Moro,Sherman County, Ore., asking for the appointment of a re-

ceiver on the ground of mismanagement on the part of thedirectors. The road extends from Biggs, on the Oregon RR.& Navigation Company's line, to Shaniko, 70 miles, an ex-tension of 43 miles having been completed July 1.—V. 68, p.330.

Da} ton New Carlisle & St. Paris Traction Co.—Mortgage.—The company has filed a mortgage for $1,350,000 with theCentral Realty Bond & Trust Co. of New York, as trustee,upon its proposed electric line from Dayton to St. Paris viaNew Carlisle, a distance of 34 miles. The company has pur-chased land for a park at Silver Lake.near New Carlisle. Theroad is to be completed early next year. B. H. Rannels ofNew Carlisle, O., is President. The bonds are $1,010 five percents, dated Aug. 1, 1900, due Aug. 1, 1930, interest payableFeb. 1 and Aug. 1 at the office of the trustee.—V. 71. d. 287.

Dayton & Xeiiia Traction Co.—Increase of Stock.—Thestockholders were to vote on Wednesday on a proposition toincrease the capital stock and extend the line to Wilmington,Clinton County.—V. 70, p. 175.

Delaware Lackawanna & Western RR.—Quarterly.—Earnings of the company's leased lines in New York Statefor the quarter and the six months ending June 30 were :

3 months end- Gross Net Interest, Balance,ing June 30. earnings. earnings. taxes, etc. surplus.

1900 $1,970,693 $932,437 $598,804 $333,6331899 1,851,208 947,161 619,249 327,9126 mos.—

1900 $3,412,627 $1,508,520 $1,206,307 $302,2131899 3,340,577 1,571,017 1,238,498 332,519—V. 71, p. 181.

Duluth Street Ry.—Consolidation.—See Duluth- SuperiorTraction Co. below.—V. 70, p. 1249.

Dulnt h-Superior Traction Co. — Consolidation— OfficialStatement.—The street railway systems of the cities of Du-luth, Minn., and Superior, Wis,, comprising about 73 miles oftrack, have been consolidated under the title of the Duluth-,Superior Traction Co., incorporated under the laws of Con-'necticut, with a capital stock of $5,000,000, divided into $1,-500,000 4 per cent preferred stock and $3,500,000 commonstock. Both properties have been in the hands of receivers,but the receiverships have now been discharged. The prop-erty of the Superior Rapid Transit Co. has been conveyed tothe Duluth Street Railway Co., which company has author-ized an issue of $2,500,000 first mortgage and collateral trust5 per cent 30-year bonds, of which amount $500,000 are toremain in the treasury for future improvements, etc. Theholders of old first mortgage bonds upon each property wereoffered the opportunity of even exchange for the new bonds,and the larger part of them have accepted the offer. Theconsolidated bonds upon the Duluth property were all de-posited with Brown Bros. & Co. under an agreement to re-ceive in exchange therefor 110 per cent in new preferredstock and 90 per cent in new common stock. The CentralTrust Co. of New York is trustee under the mortgage secur-ing the new bonds and also registrar of the stock. TheFarmers' Loan & Trust Co. of New York is transfer agentfor the stock.The consolidated company embraces all the street railway

mileage of the two cities, which are connected by anew steelbridge oyer which the inter- urban traffic is conducted. Thenet earnings of the combined properties are estimated atconsiderably in excess of the interest upon the bonds anddividends upon the preferred stock. The new companystarts with no floating debt and with cash in hand for imme-diate improvements. C. Gr. Goodrich, Vice-President of theTwin City Rapid Transit Co., is President of the Consoli-

dated Co., and L. MendenhaU, President of the Duluth StreetRailway Co., is Secretary and Treasurer.

FItchburg RR.—Bonds Sold.-The $500,000 of %% per cent20-year bonds issued to refund a like amount of 5s due Oct.1, 1900, have been awarded to Vermilye & Co. at 102*239. Theother bids received ranged from 101*32 to 10221.

|

Lease.—The stockholders will vote Sept. 14 on a motion toratify the lease of the road to the Boston & Maine RR. Co.

Quarterly.—Earnings for the quarter endings June 30 were:3 mos end'g. Gross Net Other Interest, BalanceJune 30— earnings. earnings, income. taxes, etc. surplus.

1900 $1,948,799 $700,492 $30,191 $383,168 $347,5151899 1,867,311 487,838 21,942 396,490 113,290

Dividends on preferred, 1 per cent, call for about $170,000quarterly. The figures for the fiscal year ending June 30,

1900, will be found on a preceding page, under "Annual Re-porte."-V. 71, p. 287.

Georgetown Rowley & Ipswich Street Ry.—Bonds, Etc.—George A. Fernald & Co., of Boston, recently offered forsale at 1073^ and interest this company's $180,000 first mort-gage gold 5 per cent bonds, dated June, 1900; due June, 1920;interest payable June and December 1st in Boston. Thecapital stock is $180,000; first mortgage bond issue, $180,000.The actual value of the property as reported by a consultingengineer to the Massachusetts Railroad Commissioners is

$387,214. A circular says:

The oomparjy's railway begins at Georgetown, Mass. [population2,500], being the terminus of the Haverhill Georgetown & DanverBStreet Railway (this latter company has been in successful operationfor the past four years and both roads are undor the same manage-ment), and extends through Byneld [population about 1,200], Dam-mer Academy [population about 200] to Newburyport [population15,000], A branch extends lrom Dummer Academy, through Rowley[population 1,200] to Ipswich [population 5,000], Here the roadmakes an important connection with the Lynn & Boston Railroad.

The company owns 18 cars, all "installed with doubleequipment of 50-horse power." Charles E. Barnes, of Maiden.Mass., is President.—V. 71, p. 135.

Georgia & Alabama Railway.

—

Earnings—ComparativeStatement of Earnings, 1894 to 1900.—John L.Williams &Sons, of Richmond, in a circular, say: "The Georgia & Ala-bama Ry. secured an independent entrance into the city ofSavannah through the perpetual lease of the road from Ly-ons, Ga>, to Meldrim, Ga., 58 miles, and by trackage, Mel-drim to Savannah, 17 miles, on April 1, 1896, and the growthof its business since that time has been rapid. The follow-ing figures show the development of its business for the fis-

cal years ending June 30, 1894 to 1900:

Fiscal Aver, miles Gross Net Ratio ofTear. operated. earnings. earnings. expenses.

1893-94 300 $438,019 $9,292 97-881894-95 30i> 477,035 39,455 91731895-^6 329 623,051 159.10L 74-281^9fi-97 404 1,021,836 284,056 72201897-98 458 1,226,387 350.460 71*431898-99 458 1,270,105 £07,086 75*821899-00 458 1,342,983 407,705 69*64

"The increase in mileage from 1894 to 1900 amounted to52 per cent. The increase in gross earnings for the same pe-riod was 206 per cent, and the increase in earnings per mileshows the gratifying increase of more than 100 per cent."The net earnings are given above after deducting both op-

erating expenses and taxes.—V. 71, p. 29.

Grand Trunk Ry.

—

Dividend Increased.—A dividend ol\%per cent has been declared on the 5 per cent first preferencestock, against 1 per cent declared a year ago. In April last

4 per cent was paid on the first preference and 8J£ per centon the second preference stock.—V. 71, p. 84.

Great Northern Railway.

—

Employes' Investment Com-pany.—At the annual meeting on Oct. 11 the stockholderswill vote on a motion to increase the capital stock by 81,000,-000, making the total issue $100,000,000, with a view tothe carrying out of President Hill's plan for an employes' in-

vestment company. Any employe earning less than $3,000a year will be allowed to subscribe at par, not for the stockitself, but for certificates issued by the Great Northern Rail-way Company's Employes' Investment Company (Limited),a corporation formed for the purpose of carrying out thescheme. These certificates will bear interest at the rate of 7per cent, the same as the stock, and will not be negotiable.

Control of Kootenay Property—Guaranty.—The companyhas purchased a majority of the shares of the Kootenay Rail-way & Navigation Co., which operates a line of railway andsteamboats connecting with the Great Northern at Bonner'sFerry, Ida., and affording a continuous line of communica-tion from that point to Sandon, in British Columbia,it is stated. The Great Northern agrees to guaranteethe payment of both principal and interest of the existingbonds of the Kootenay Railway & Navigation Co. and of

such additional bonds as may lawfully be issued, subject tothe consent of Great Northern. The new acquisition, it is

stated, will be able amply to take care of its charges.—V. 71,

p. 287.

Hocking Valley Ry.—Maturing Bonds—Option to Refund.—The $600,000 Columbus & Toledo RR. second mortgage 7

per cent bonds due Sept. 1, with coupons maturing on the

same day, will be paid upon presentation at the office of J. P.

Morgan & Co.; but the holders are offered the privilege of

receiving for their bonds in lieu of cash the first consolidated

mortgage 4>£ per cent bonds of the Hocking Valley RailwayCo. at the price of 99^ and accrued interest. J. P. Morgan& Co. have purchased the last-named bonds reserved for this

342 THE CHRONICLE. [Vol. LXM.

purpose and are now prepared to make the exchange on the

terms stated.Lease.—At the annual meeting Oct. 2 a resolution will be

offered authorizing the leasing to the company for a period

of 98 years from and after Jan 1, 1901, of the railway prop-

erty and appurtenances of the Wellston & Jackson Belt Rail-

way Co., a corporation already controlled by ownership of

substantially all of its securities.—V. 71, p. 236.

International & Great Northern RR.—No Longer Tax-

exempt—The period of exemption from taxes granted to this

company by the Texas Legislature 25 years ago expired on

January 1 last and the counties along the line are anticipat

ing a large revenue from taxes on the road hereafter. In

Travis County the assessment has been fixed at $23,0)0 per

mile.—"Railway Age."—V. 70, p. 737.

Iowa Central Ry.—Dividend Passed.—The directors onMonday voted to pass the semi-annual dividend on the pre-

ferred stock. The earnings, after allowing for the necessary

improvements, it is stated, do not justify a distribution at

this time.-V. 71, p. 287.

Iowa Minnesota & North Western Ry.—Bonds Assumed.—See Chicago & North Western Ry.

Jamaica Railway.

—

Government in Possession.—A cable-

gram from Kingston, Jamaica, announces that on Aug. 16

the bondholders voluntarily surrendered control of the line

to the Government.—V. 70, p. 791.

Kansas City Southern Railway.

—

Application to List—The company has made application to the New York StockExchange to list $26,197,000 first mortgage 3 per cent bondsof 1950, and voting trust certificates for $21,000,000 preferred

stock and $29,993,500 common stock. The securities werethis week placed on the unlisted department, pending theaction of the Stock List Committee at a special meeting to beheld next week. The net results from the operation of theroad for the fiscal year just closed, it is said, exceed$1,000,000. The new charges are about $780,000. The grossearnings for five weeks since July 1 show an increase of$75,000.-V. 71, p. 84.

Kentucky -ft Indiana Bridge & RR.—The officers rep-resenting the new owners, namely, the Southern Ry., theBaltimore & Ohio and the Chicago Indianapolis & Louisville,

are as follows:

President, F. S. Gannon, of Washington, D. C 3rd Vice-Presidentand General Manager of the Southern Ry. Co., Vioe-President, W. H.McDoel, of Chicago, President of the Chicago Indianapolis & Louis-ville Ry.; Secretary and Treasurer, H. W. Heazlitt, of Louisville;General Manager. B. S. Josselyn, Louisville.Directors —William M. Greene, Vice-President of the Baltimore &

Ohio Southwestern; W. H. McDoel, F. S. Gannon, Judson Harmon, E.F. Trabue and A. P. Humphrey.

Securities —The articles of incorporation provide for acapital stock of $75,000, and the stockholders have author-ized a 4 per cent mortgage for $2,500,000. Of this amount,it is stated, $1,000,000 will be reserved for the payment ofthe existing first mortgage; $500,000 will be held for improve-ments and extensions, and the remaining $1,000,000 is to beused to cover the purchase price.—V. 71, p. 287.

Eootenay Railway & Navigation Co.

—

Bonds Guaranteed.—See Great Northern Ry.—V. 69, p. 80.

Lima Electric Railway & Light Co.—Consolidation—NewBonds.—This company is a consolidation completed Aug. 1,

1900, of the Lima Railway Co. aDd the Lima Electric Light•& Power Co. , the only companies engaged in these lines ofbusiness in the City of Lima, Ohio. The capital stock of thenew company is $500,000 and there is an authorized $500,000of consolidated first mortgage 5 per cent 16 year, coupongold bonds, dated July 1, 1900, secured by a mort-gage covering all the properties, rights, privileges and fran-chises, etc., of both companies, but only $450,000 of the bondswill be issued at the present time, $50,000 remaining withthe trustees to be used for future extensions and improve-ments. There will also be reserved in the treasury out of the$450,000 bonds a sufficient amount for the purpose of takingup all ($285,000) underlying bonds and $75,000 for improve-ments to be made to the properties at once, and for workingcapital. A prospectus says :

The company has in operation ll>a miles of traok, its street railwayfranchises extending for periods of from seventeen to twenty-twoyears. The lighting company has a perpetual franchise and also acontract with the City of Lima, for lighting the streets till October1901. This contraot will be extended without dlfiloulty.The earnings of the Electric Light Company for the year ending

Dec. 31, imib, and of the Btreet railway for the year ending Oct 311899, were as follows: ' '

Tear 1899— El. Light Co. Street Ry. TotalGross earnings .$34,520 $47.28r> $101.S05Operating expenses 38,804 29,539 68|343

Netearnings $lf>,716 $17,746 $33,462Interest on $450,000 of 5 per cent bonds $22,500In the above operating expenses are included all taxes, insurance

accidents, damage and other geueral expenses. The earnings havebeen made without the expenditures of monies for the improvementof the properties.

The officers are Joseph B Mayer, President; H. St. C.Denny of 394 Ellicott Square, Buffalo,Vice-President; HerbertP. Bissell, Secretary and Treasurer.— V. 71, p. ^9.

Little Rock Traction & Electric Co.—Receiver Discharged.—Federal Judge Jacob Trieber, at Little Rock on August 11,discharged the receiver and ordered the property returned tothe company. On May 5, 1900, President A. N. Johnson was

on his own petition appointed receiver, the company beingunable to operate its cars on account of a strike and boycott.In June, 1900, local interests, headed by Mayor Jas. A. Wood-son, purchased control and elected new officers .—V. 70, p.1095.

Maine Central RR.—Bonds Sold.—The $441,500 of 4 percent 12-year bonds issued to refund a like amount of 63 dueOct. 1, 1900, have been sold to VermUye & Co. at 106-179.

The other bids received ranged from 103 20 to 105-53.—V. 70,

p. 1291.

Manhattan Ry.—Quarterly.—Earnings for the quarterending June 30 were:3 mos. end- Gross Net Other Interest, Balance,ingJtme30. earnings. earnings. income, taxes, etc. surplus.

1900 $2,316,883 $1,013,608 $242,362 $647,756 $603,2141899 2,231,471 888,320 197,300 663,759 421,861

Dividend of one per cent calls for $480,000 quarterly.The figures for the fiscal year ending June 30 are given on

a preceding page under "Annual Reports."—V. 71, p. 287.

Mankato & New Ulm Ry.

—

Bonds Assumed.—See Chicago& North Western Ry. above.

Minnesota & Iowa Ry.

—

Bonds Assumed.—See Chicago &North Western Ry. above.

Minnesota & South Dakota Ry.

—

Bonds Assumed.—SeeChicago & North Western Ry. above.

Montville (Conn.) Street Railway.—Earnings. Etc.—H.H. Gay & Co. of Boston, who are interested in this property,having purchased its bonds, furnish the following

:

This railway oonneots the populous and flourishing cities of NewLondon and Norwich. The line is well built and stands In the frontrank as a money-earner, evidence of whioh Is to be found in the factthat in the ten weeks during which the road has been running, i. e.,

from June 5 to August 12 it earned practically sufficient to pay theinterest charge on ail its bonds for the entire year. This appears fromthe following: Gross receipts, June 5 to Aug. 12, 1900, $19,500;operating expenses (estimated $3,000 per month), $7,500; net re-ceipts, $12,000; one year's Interest on $250,000 5 per cent bonds,$12,500.

"The power for the operation of the Norwich Street Rail-way is furnished by the Montville Street Ry. Co., which de-rives a net revenue from that source, in excess of its passen-ger receipts, of about $7,500 per annum. The salary accountof the Montville company will bs small, as the principal of-

ficers of the Norwich Street Railway will act in a similar ca-

pacity for the Montville road. Most of the line is over thecompany's private property." See also Chronicle of J uly

28, p. 182.

National Railway of Tehuantepec—Contract.—The Sec-retary of the United States Legation in Mexico has furnishedthe State Department at Washington with a copy of the con-tract between the Mexican Government and S. Pearson &Son relating to the Tehuantepec RR. The contract, it is

stated, provides substantially as follows:

The oompany shall within three and a-half years improve the rail-

road and shall administer in partnership with the Government therailway and the ports of Coatzaooalcos and Salina Cruz At least twotrains shall run weekly from each of the terminal stations, the journeyfor passengers not to exceed fourteen hours. The company shall havethe earnings of the railroad and ports, except the part that belongs tothe Government. The latter will also pay $5,000,000, In monthly in-stalments of $300,000, the first in three months after promulgation ofcontract.The capital of the company is $5,000,000; the losses are to be

divisible half and half between the Government and the oompanyand the profits are to be divided. The capital is furnished in equalparts by both parties. The contract is to run for flfcy years.—V. 70,p. 633.

New Jersey & Philadelphia Street Ry.—New Company —This is given as the name of a new company, proj wted byBoston and other capitalists, to own and operate a trolleyroad from Trenton, N. J., to Philadelphia. The upperDelaware River Bridge was purchased recently in theipterest of the new line for a sum reported as $200,000, andcontrol of the Philadelphia & Bristol Passenger Railway,Philadelphia to Croydon Station, 7 miles, was asquired bythe same interests from the Railways Company General[Street Railway Supplement, page 70] Thomas Craig ofPhiladelphia is identified with the purchasing syndicate, andJ. B. Shaw & Co. and E. H. Gay & Co of Boston are men-tioned in connection with the building and finanoingof the road. The enterprise, however, is still in embryo andseveral months will probably elapse before information as to

the capitalization, etc., of the new company will be availablefor publication. A payment of $10,000 was made this weekon account of the above-named bridge.

New York Chicago & St, Louis JIR.—Quarterly.— Earn-ings for the quarter and the six months ending June 30 were:3 mos. end. Oross Net Other Interest, Balance,Junc'SQ— earnings. earnings. Income. taxes, etc. surplus.

1900 $1,583,683 $383,915 $13,089 $302,452 $91,*541899 1,529,302 828,836 2,430 802,060 29,2086 mos.—

1900 3.313.721 757,568 14,322 603,621 168,2691899 3,162.868 641.127 3,537 602,377 42,287-V. 70, p. 941,946.

Northern Pacific Ry. — Prospect* — Traffic AgreementEndnl-Cut Off.—President Mellen is quoted as saying :

The Northern Paoino is experiencing no marked increase In businessat the present time, and the outlook is not favorable to a greater in-

crease in earnings, owing to the shortage of the crops in the NorthwestExaggerated statements have been published regarding the placing oforders for new 'qulpmeut by this company. There have been no re-oent orders. We are reoelvlng new equipment, but the orders wereplaced several months ago and could not consistently be canceled. It

August 18, 1900.J THE CHRONICLR S!3

would bave been to tbe Interests of the road, considering the businessoutlook, to have oanceled all outstanding orders for new equipment,and had that been possible It no doubt would have been done.There Is no secret In the fact that the Northern Pacific has termi-

nated Its traffio agreement with the Oregon Railway & NavigationCo. relative to 1 he shipment of grain from Wallula to Portland. TheNorthern Pacific has for several years given to the Oregon Companyan immense volume of business arid has not received a dollar's worthin return. We have our own line into Portland, and if we deoide tocarry this business at the same rate it certainly can injure no one. ItIs true that It will be a much longer haul, but if we are willing to takethe risk and even lose money in the operation it is nobody's businessother than that of the Northern Pacific.Our engineers have made surveys for the Lind-Ellensburg out off,

which will shorten the distance from St Paul to the coast about 90miles, but this work was done merely to gather data for future use.—V. 71, p. 236.

Ohio River & Charleston By.—Stock Listed in Philadel-phia.—The Philadelphia Stock Exchange has listed the com-pany's $551,100 of outstanding capital stock; par value ofshares, $1C0 each, full paid; registered by the Finance Com-pany of Pennsylvania; transfer offices, 310 Chestnut Street.Philadelphia. The authorized capital stock is f600,000, ofwhich $18,910 unissued. An official statement says:

The company was incorporated Nov. 13, 1894. as a consolidation,with a oapital stock of $' 5.000,000; -but its 171-40 miles of rail-way In North Carolina and South Carolina having been sold [in1898 to the South Carolina & Georgia Extension RR.], the oapitalstock was reduoed from $15,000,000 to $600,000. The railway nowin operation runs from Johnson City, Tenn., to Caney River, N. C,33J« miles. The road is also graded from Johnson City, Tenn., to GateCity, Va., 40 miles, and from Clinohport, Va., to Minneapolis, Va.. 40miles, making a total of 80 miles graded only. For the year endingMay 31, 1900, the gross earnings were $19,512 ; operating expenses,$21,675 ; deficit, $2,163: taxes, $1, 545 ; total defloit, $3,708. Currentassets June 15, 1900 : Cash In bank. $159,873 ; due from agents andothers, $1,338. Current liabilities, $4,115. Net current assets. $157,-096. Tbe oompany has no funded indebtedness. Samuel Hunt isPresident; Evans R. Dick, Vioe-Fresident ; John J. Collier, Secretaryand Treasurer.—V. 67, p. 530.

Pittsburg Binghamton & Eastern BE.—Consolidation.—Press despatches report a pendiDg consolidation under thistitle of the following projected lines, viz. : The PittsburgBinghamton & Eastern Ry. Co. , the Bradford Central RR.and the Canton & Wellsboro RR. Co. The proposed linewould be abcut 100 miles in length, extending from Ansonia,Pa., to Binghamton, N. Y. President, F. A. Sawyer of theP. B. & E. Ry. Co. in a letter to the Chronicle says: " Theclipping which you enclosed, making inquiries about, is amatter which is altogether premature, as no such consolida-tion has taken place. I don't know how ycu obtained the in-formation, or anything of the kind, but such are not thefacts at present." See also Bradford Central RR.—V. 70, p.279.

Pittsburg & Birmingham Traction Co.—Earnings.—Thereport presented at the annual meeting on Aug. 15 shows asurplus above charges for the year of $127,508, an increase of$44,512, or 53*75 per cent over last year. The company, it issaid, has purchased the $4(0,000 capital stock of the WestLiberty Street Railway, and is constructing a line to Mt.Lebanon.—V. 69, p. 332, 334.

Pittsburg Painesville & FairportRy.—Terminal Bonds.—A majority of the terminal bonds has been deposited withthe Mercantile Trust Co. under an agreement prepared bythe protective committee, consisting of Cyrus J. Lawrence,F. J. Lisman, James H. Oliphant, Alvin W. Krech andSidellTilgbman. Holders who have not deposited their bonds areurged to do so without delay. The property will probablybe included in the reorganization plan to be issued early inthe fall for the Pittsburg & Western. Deposits of bondswill be received on or before Sept. 15.—V. 71, p. 182.

Portsmouth (Va.) Street Hj.—Not Sold. -Negotiationsfor the sale of the property are now reported to be off. Pres-ident H. C. Williams is quoted as saying: "Our prospectivepurchasers failed to comply with their part of the agree-ment."-V. 71, p. 183.

Richmond Passenger & Power Co.—Ordinance Signed.—On Aug. 10 the amended ordinance was signed by the cityauthorities. See V. 71, p. 288, 183.

Rio Grande Western Ry.—First Cash Dividend on Com-mon Sttck.—A cash dividend of 5 per cent is announced pay-able on the common stock. The two previous dividends onthis stock were both paid in preferred shares, being 2 percent in 1898 and 1 per cent in 1899. After 5 per cent has beenreceived by each class of stock all further dividends are pay-able pro rata. A statement of the earnings for the late fiscalyear is given on page 839.Standard Gauge.—The Utah Central branch extending

from Salt Lake City to Park City, 33 miles, has been changedfrom narrow to standard gauge.—V. 70, p. 1196.

Savannah (Ga.) Union Station Co.—New Enterprise —tormal notice is given of the intended application for acharter for this new company, capital stock $310,000. Theproposed road, in all about 8 miles in length, and the incor-porators, will be as follows:

m?^f l

anesexte

und

LnKfrom,hetJnlonstatlon, in the western portion of theXV*..«L. 7. I

ln

,•,ne oue running in a general westerly direction for a distance

hi™ viZS'f"1 '168!^ a connection with the crossing of the Georgia & Ala-§•'?».;.,«!, n Central & Peninsular, Central or Georgia, and Charleston &o?J,

a°?*5.ral'waTs; and the other running in a general southerly and sonth-triTp*. «> ^ctl n̂loradl6tance of about i miles, to a connection w«th the

JunctionSavannah Florida & W. stern Kailway at or near Southover

Incorporators: Cecil Gabbett, William W. Mackall. J. Randolph ADderson,CLH w^^'J 1? L.Clay. W. B. Denhara, J. Moultrie Lea, W. V. Davis,U b Heller and T. 8. Tutwller, all of Savannah.-V. 71, p. 140.

Seaboard Air Line Ry.

—

Earnings of Georgia & AlabamaMy.—See that company above.—V. 71, p. 183,

Superior Rapid Transit Co.

—

Consolidation.—See Duluth-Superior Traction Co. above.—V. 70, p. 1250.

Syracuse & Oneida Lake Electric Ry.—Increase of Stock.

—The stockholders will vote August 21 on a motion to in-

crease the capital stock from $300,000 to $1,200,000; par valueof shares, $1(0 each. The road is under construction fromSyracuse northerly to Phoenix, N. Y., via Belgium and ThreeRiver, a distance by the steam line of 16 miles. W. B. Kirkis President.

Tacoma Eastern RR.—Mortgage.—The company has madea mortgage to the Title Guarantee & Trust Co. of Portland,Ore., as trustee, to secure 6 per cent bonds, issuable at $20,-

000 a mile. The loan, it is stated, will provide for the exten-sion of the line southeasterly about 30 miles, and for

an indebtedness of $50,000 already incurred. Edward Cook-ingham is President and E. M. Hayden, Secretary. The Ta-coma "News" says:

Work on the railroad, which la now in operation for a distance ex-tending about 1 miles from Taooma, is progressing steadily and willeventually reaoh valuable ooal properties. It is already in the midstof a fine timber belt.

Texas Sabine Valley & Northwestern Railway.—BondsMostly Deposited.—Nearly all cf the bonds have been de-

posited with the Atlantic Trust Co. in accordance with thecall of the protective committee.—V. 64, p. 708.

Toledo St. Louis & Western Ry.—Officers.—The directorsand officers are announced as follows

:

Directors—P. P. Oloott, Henry Budge. J. Kennedy Tod, Wm. A.Read, James N. Wallace, O. H. Tweed, C. S. W. Packard, J. CrosbyBrown, Benjamin Norton, Alfred Pick and Joseph H. Seaman.Chairman of the Board, Wm. A. Read ; President and General Man-

ager, Berjamin Norton; Vice-President. Henry Budge; Secretaryand Treasurer, Jos. H. Seaman ; Assistant Secretary and Treasurer,M. L. Cowell ; Aoting General Auditor, E. O. Reed ; General Count el,

A. H. Jollne; General Solicitor, Clarence Brown. Toledo.Executive Committee—Wm. A. Read, F. ir. Olcott, J. Kennedy Tod,

Henry Budge and C. H. Tweed.

The company has opened offices at No. 44 Pine St.

Union Depot & RR. Co. of Denver.

—

Payment of Bonds.—The bonds of 1880, due under the extension agreement onSept. 1, will be paid at the office of the Union Pacific RR. Co.in this city on Sept. 1.—V. 69, p. 494.

Union Electric Co. of Dnbuqne.

—

Oonsol'dation.—A con-solidation under this title of the street railway and electricplants of Dubuque, it is announced, was perfected on Aug.13 The authorized capital stock of the new company is

$1,(00,000, of which $500,000 is preferred. No bonds, it is

said, will be issued, but extensions and improvements are con-templated. F. D. Stout is President; W. S- Mojo, Vice-presi-dent ; E. A. Engler, Secretary, and George Kiezel, Treasurer.

Union Traction Co. of Pittsburg.—See West End Trac-tion Co. below.—V. 70, p. 998.

United Railways of St. Lonis.—Settlement.—The minoritystockholders of the St. Louis Railway Co. have agreed to sell

their holdings to the St. Louis Transit Co.—V. 71, p. 85, 31.

United Traction Co. of Albany, Etc.

—

Schewctady Con-nection.—This company and the Schenectady Railway Co.have come to an understanding regarding the proposed linefrom Schenectady to Albany, by which, it is stated, theScherectady Company will tuild a line from Schenectady toAlbany over the Schenectady turnpike.—V. 70, p. 793.

Visalia & Tnlare RR.—Sold—Dismantled.—A press dis-

patch from Visalia states that this road has been sold to W.D. Hofius & Co., of Seattle, Wash., who will sell the ties andship the rolling stock and rails to Seattle. The road was tocease operations Aug. 11.

West End Traction Co. of Pittsburg.—Purchased.—M.K. McMullin of Pittsburg has purchased this property for aprice reported as nearly $4,500,000, in the interest, it is under-stood, of the new Union Traction Co.—V. 69, p. 542.

Western New York & Pennsylvania Ry.—Meeting to Ap-prove Contract.—The stockholders will vote Sept. 13 "upona certain contract between this company and the Pennsylva-nia RR. Co. for the possession, use, operation and manage-ment by the latter oompany of the railroads and propertyof this company."Quarterly.—Earnings for the quarter ending June 30 were:

3 mos. end. Gross Net Other Interest, Balance,June 30— earnings, earnings, income, taxes, etc. def. or sur.1900 $936,784 $154,9b8 $29,326 $225,843 def. 41,5791899 838,771 253,783 12,965 236,943 sur. 29,795

The figures for the fiscal year ending June 30 will be four) don a preceding page under "Annual Reports."—V. 71, p. 183.

York County Traction.

—

Bonds.—The company has madea mortgage to the Real Estate Trust Co. of Philadelphia, astrustee, to secure $1,500,000 of 5 per cent $1,000 gold bondsdated July 3, 1900, and due July 2, 1950, but subject to call

for payment in whole or in part on any July 1 at 110. Onand after July 1, 1906, also, a sinking fund equal to 1 percent of the outstanding issue is to call the bonds for pay-ment at the rate named, if not purchasable at a lower price.

-See V. 70, p. 1292, and V. 71, p. 31.

INDUSTRIAL. GAS AND MISCELLANEOUS.

American Caramel Co.—Purchase.—The entire propertyand business of the Lancaster (Pa.) Caramel Co. has beenpurchased for a sum eaid to be abcut $300,000.

344 THE CHRONICLE. [Vol. lxxi,

Mortgaae. —The company has made a mortgage to the Iu-

dustrial Trust Co. of Providence, R. I., as trustee, to secure

$600,000 bonds issued in connection with the above-mentionedpurchaee. The mortgage, it is stated, covers the real andpersonal property of the mortgagor.—V. 70, p. 281.

American Linseed Co.—Dividend.—On Thursday the di-

rectors declared the regular quarterly dividend on the pre-

ferred stock, but instead of making a distribution to the com-mon shares they voted to add the surplus earnings to workingcapital.—V. 71, p. 234.

American Ship Building Co.—Annual Report.—The an-

nual report published recently covers, we are informed, aperiod of sixteen (16) months, from March 1, 1899, to July 1,

1900, although as a matter of fact the parent company did

not take charge of the separate plants until May 1, 1899, andit was fully a month later before* the separate yards were at

all changed in management.Property.—The property owned and controlled includes :

Cleveland. O.: Construction yard, machine shops, foundry, holler•works and 3 dry-docks.Lorain. O.: Construction yard, machine shops and 1 dry-dock.Detroit, Mich.: Machine shops, holler shops, foundry, brass works

and 3 dry-docks.Wyandotte, Mich.: Construction yard and machine shops.West Superior, Wis.: Construction yard, machine shop and 2 dry-

docks.Milwaukee, Wis.: Maohine shop and 2 dry-docks.Chicago, 111.: Construction yard machine shop and 1 dry-dock.Buffalo, N. Y.: Maohine shop and 2 dry-dooks.

" All of the property and interests are free from mortgageor incumbrances of every kind, excepting $150,000 purchasemoney mortgage on the Buffalo plant. The constructionyards at the different plants are well equipped with modernstandard machinery and tools, and during the past 12 monthswere all actively engaged in construction."—V. 70, p. 234, 183.

American Silver & Casket Co.

—

Report Incorrect—TheMorgan Silver Plate Co. of Winsted, replying to our inquiryas to their reported withdrawal from the consolidation, say :

We are under contract to sell our business and plant to the Ameri-can Silver & Casket Co., and if they comply with the terms of the con-tract we shall certainly keep our part of it. The entire matter hasbeen treated prematurely, for the American Silver & Casket Co. hasnot acquired or absorbed any plants as yet, and it is very doubtful asto what will be the outcome.—V. 71, p. 136.

American Telephone & Telegraph Co.

—

Bonds.—Of thefirst issue of $10,000,000 bonds secured by the new mortgage,$5 000,000 were sold last January to a syndicate, which alsosecured an option on the remaining $5,000,000. Of these last

the syndicate purchased $1,(00,000 in July, and now an addi-tional $4,000,000, it' is learned, are being marketedthrough Kidder, Peabody & Co. The syndicate, it is alsolearned, has taken an option on a further $5,000,000, mak-ing in all 115,000,000 bonds secured by the mortgage whichhave been purchased or are underjoption. In addition to thesebonds there are outstanding and equally secured by the sametrust indentures of July, 1899, $10,000,000 of American BellTelephone Co. 4s, due July 1, 1908. Additional collateral hasbeen deposited with the trustees in accordance with theterms of the indenture to cover the additional bonds.—V. 71,p. 86.

D. Appleton & Co.

—

Claims Extended.—James G. Cannon.Chairman of the reorganization committee, states that allthe claims which were to be extended under the reorganiza-tion of the company have been deposited with the Metro-politan Trust Co. The creditors are to be paid one hundredcents on a dollar. The remarkable success of the reorgani-zation is apparent when it is taken into account that therewere 128 banks and trust companies interested. Steps areabout to be taken to organize the successor company. Itis expected that Mr. Cannon will become the Chairman ofthe board 'of directors of the new corporation, and will havecharge of its finances. The factory is being thoroughly over-hauled and the newest and most approved machinery willsoon be installed, thus reducing the cost of manufacturingV. 71, p. 86.

6 "

Asphalt Co. of America.—Plan.—The plan for merger ofthis property in the National Asphalt Co., it is expected, willbe issued shortly. See the National Company below —V 71p. 136. '

'

Atlantic Match Co.—New Enterprise.—This company wasincorporated at Trenton, N. J., on Aug. 13, with $2,000,000authorized capital stock, to manufacture matches, its incor-porators being: H. M. Crawford, C. C. Cunard, C. O. JonesJohn Wood, O. P. Thompson and George C. Allen. Princi-pal office, Camden, N. J.

Castner Electrolytic Alkali Co. of Niagara Falls.—BondsOffered in London.—The company has been offering in Lon-don an issue of £200,000, in 5 per cent first mortgage ster-ling debentures of £100 each, at the price of £90. The pros-pectus says:

The debentures will be secured by a trust deed in favor of the trustees, covering the company's lands, works, buildings and plant atNiagara Falls. U. 8. A., and oth6r assets. The trust deed provides thatthe company shall pay to the trustees annually the buiu of £8 000 toform a sinking fund for the redemption of this Isruo. the first imrnentto be made Jan. 1, 1902. The tnintees have the right to noniiiiate adirector while there are any debentures outstanding. The debenturesare re-payable at par on July 1. i91f>, but the company lias the rightto redeem them at anytime after lOOS. on giving six mom lis" previousnotioe. or by annual drawings at the pi ice of £105 per £100 debenture. The trustees under the deed of trust are: William Mather

Esq., M. P., Chairman Castner-Kellner Alkali Co , Limited; FrankHardcastle. Esq j Sir Walter Murton, C. B.; Arthur Henty, Esq., J. P.,and another to be appointed.The company was formed to acquire the property and the buildings,

plant and machinery recently erected at Niagara Falls and the Cast-ner patents for the United States and Canada, and to carry on thebusiness of manufacturers of caustic soda and bleaching powderunder the Castner eleotrolytlo process. The purchase price to bepaid by the company to the Mathieson Alkali Works (the vendors) is$2,000,000, to be satisfied by the allotment of the whole of the ordi-nary share capital. The present issue is to provide funds to ereot fur-ther plant and increase the works from their present capacity of 2,-000 E H. P. to at least 6,000 E. H. P.. which, it is estimated, will cost£150,000, leaving a margin for ample working capital. Th>- moneyrequired for the new plant will only be advanced to the company bythe trustees as the new works proceed on certificates furnished by anengineer to be appointed by them.

The capital stock is $2,000,000. Prospectuses can be ob-tained from the offices of the Castner-Kellner Alkali Co., No.13 Abchurch Lane, London, or of Robarts, Lubbock & Co.,15 Lombard St., E.C. The company was incorporated recent-ly in Virginia, the incorporators being J. M. Edwards, J.

G. Agar, J. H. Ingram. J. F. Van Name, R. T. Wilson, R.T. Wilson Jr., all of New York City; E. E. Arnold, ofProvidence, R. I.; F. A. Sayles, of Saylesville, R. I.; C. H.Syme, attorney, Alexandria.

Chicago Railway Terminal Elevator Co.—Offer to Pur-chase Bonds.—The Illinois Trust & Savings Bank, trustee,

has on hand funds derived from the sale of a portion of theproperty applicable to the purchase of bonds. Bids for aflat price will be received by the trust company at its office

in Chicago for sale of any amount not exceeding $175 000 parvalue of said bonds until 11 A. M. Sept. 15.—V. 69, p. 697.

Consolidated Gas Co. of New York.—Dividends to be Re-stored to Eight-Per- Cent Basis.—After the directors' meet-ing on Thursday it was announced that on August 31the dividend rate will be restored to 8 per cent per annum.The rate, previously 6 per cent, was from June, 1893, to 1898,

8 per cent yearly; in 1899. 5% per cent: 1900, March, 1 percent; June, 1 per cent.—V. 71, p. 184.

Consolidated Lake Superior Co.

—

Dividend—InstalmentCalled.—The regular quarterly dividend of 1% per cent is

announced, payable Sept. 15, on the preferred stock and onthe preferred stock receipts of the Provident Life & TrustCo. ($15 paid), to holders of record Aug. 31. An instalmentof $5 per share has been called on the receipts of the pre-ferred stock, payable Oct. 1.—V. 70, p. 794.

Consumers' Brewing Co. of Philadelphia.—Foreclnsere.—The Fidelity Insurance, Trust & Safe Deposit Co. of Phila-delphia, as trustee, has filed a bill in the United Srates Cir-

cuit Court in that city to foreclose the mortgage, underwhich $1,640,000 six per cent bonds have been issued, theApril, 1900, coupons being in default. See reorganizationplan, V. 70, p. 635, and also V. 70, p. 688, 1197.

Delaware Electric Light, Power & RR.

—

Receiver.—Jus-tice Bischoff of the Supreme Court has appointed James B.Duross temporary receiver of the company, on the applica-

tion of N. Edward White, a creditor for $1,813 on a judg-ment obtained on March 17 by the Oneida National Bank,which was assigned to Mr. White.

Edison Electric Co. of Altoona, Pa.

—

Injunction Perman-ent.— Judge Ball, at Hollidaysburg, Pa., on Aug. 13 madepermanent the injunction obtained by the Electric Co. of

America, as majority stockholder, to prevent the minorityinterest which is managing the company from st-lling 650

shares of new stock at auction. The Court holds that themajority stockholders have a right to a majority of the newstock at a fair market value, so as to preserve their control,

and that the tendency of auctioning stock is to give theminority an unfair advantage over the majority.

Electric Co. of America.

—

Altoona Injunction Permanent.—See Edison Electric Illuminating Co. of Altoona above.—V. 71, p. 87.

Fowler Brothers, Limited.—New Bonds.—The companyrecently offered at par in London £64,000 first mortgage 4 1 .,'

per cent debenture stock of an authorized issue of £150,0.0.

This debenture stock is a first lien on assets, as follows:

The Chicago plant of the Anglo-American Provision Co., the Anglo-American Refrigerator Car Co., owning works, maohinery aud 480refrigerator, tank and other cars; £51,000 of the 6 per cent bondsand £50,000 (one-half) of the capital stock of the Omaha PackingCo. and the Liverpool distributing business and plant.

The 4.% per cent bonds were created to refund £150,000of 5 per cents paid in April last. They mature April 30,

1915, but are subject to call at 105 on six months' notice. Be-

sides 7 per cent on the £300,000 cumulative preferred stock

dividends at the same rate were paid last year on the £240,000

ordinary stock. The last annual report was in V. 70, p. 326.

(Robert) Graves Wall Paper Co.—Incorporated.—This com-pany has been incorporated under the laws of New York,with a capital of $600,000, to manufacture wall paper anddecorations. The directors are :

Henry Burn, of Brooklyn, Robert Graves of Irvington, Thomas W.Strong of Glen Cove, aud Edwin C. Moffat and Samuel Seabury of NewYork City.

The company, it is understood, is one of the successors of

the National Wall Paper Co.

Hecker-JonesJewell Milling.

—

Receivers' Certificate*.—

See United States Flour Milling Co. below.—V. 70. p. 636.

August 18, 1900. J THE CHRONICLE. 315

International Fire Engine Co.— Consolidation.— Thiscompany, incorporated last December in NewJersey (V. 69, p.

1250) to control practically the entire ontput of the countryin the shape of apparatus for fighting fires, including bothsteam and chemical fire engines, hooks, ladders, trucks, etc.,

has been organized this week with the following officers:

President, B. P. Cheney, Boston; 1st Vice-President, Wm. O. Beer«New York; 2d Vice-President. Wm. 8. Taylor, Philadelphia; 3d Vice-President, Chas. E. Loche, New York; Treasurer, Chas. T. Sileby.New York; Secretary, Wm. A. Dinsmore, New York.

The authorized capital stock is $9,000,000, of which $4,000,-000 is 7 per cent cumulative preferred. Of these amounts it

was expected that at least $1,000,000 common and $800,000preferred would remain in the treasury. Par value of shares,$100. No bonds will be issued. The properties which were to

be acquired were stated in V. 70, p. 233.

Interoeeanic Canal Co.

—

Concession Annulled.—The Gov-ernment of Nicaragua, it is understood, has officially in-

formed the company that its concession, being that grantedto the Eyre-Cragin syndicate, was annulled on the 3d inst. inconsequence of the failure to deposit $400,000 in gold.—V. 70,

p. 689.

Janeway & Carpenter ( Wall Paper) Co.—One of the Suc-cessors of the National Wall Paper Co.—This company hasbeen incorporated under the laws of New Jersey with $750,-000 of capital stock, of which $250,000 is preferred, to re-takepossession of the property of the old firm of the same name,which was absorbed by the National Wall Paper Co. Col.Jacob J. Janeway is President, Theodore E. Townsend, Treas-urer, and George H. Lambert, Secretary.

Johnson Electric Service Co.—Incorporated—Consolida-tion.—This company has been incorporated in Wisconsinwith $800,000 capital stock as an enlargement of the JohnsonElectric Service (Manufacturing) Co. of Milwaukee (capitalstock, $250,000), and to purchase two distributing compa-nies, viz., the Johnson Temperature Regulating Co. of NewYork and the Johnson Temperature Controlling Co. of Chi-cago. Warren S. Johnson of Milwaukee is a leading spiritin the enterprise.

Macbeth-Evans Glass Co. of Pittsburg.—Bonds Sold.—The Union Trust Co. of Pittsburg recently purchased at aprice stated as 97^£ the company's entire issue of $600,000serial gold 6s, running 15 years, $40,000 redeemable each year.Interest begins October 1 and is payable in semi-annual in-stalments. Most of the issue, it is understood, has alreadybeen marketed.

Manchester (N. H.) Electric Co.—Bonds, etc.—•Tucker,Anthony & Co., of Boston, who arranged the union of elec-tric companies at Manchester, N. H., which was announcedlast week, replying to a letter of inquiry, write as follows:"The total actual water power is about 13,500 H. P. as aminimum, with a maximum of 20,000 H. P. The mort-gage has not yet been drawn. The "authorized issue ofbonds will probably be $2,000,000, and there will probably besold to pay for the new purchase and to be laid aside for theoutstanding issues of the present companies in all about$1,400,000."-V. 71, p. 289.

Maritime Canal Co —Eyre-Cragin Concession.—See Inter-oceanic Canal Co. above.—V. 71, p. 239.

Massachusetts Breweries Co.—Consolidation.—Mortgaoe.—As to the consolidation mentioned last week, Charles E,Hellier, of Boston, who organized the new company, reply-ing under date of Aug. 13 to our inquiry of the 8th inst.,8«P

:

u-1 find your favor of the 8th uP°n mv return to the

office this morning. The company is the same one incor-porated in April last under the laws of Virginia. The au-thorized capital stock is $20,000,000, no part of which is pre-ferred. The new company has not made a mortgage tosecure $200,000 5 per cent 10-year bonds, but will shortlyplace a general mortgage on its property to secure an issueof something over a million dollars of bonds. A conservativeestimate of the capacity of the new company is 500,000 barrels, or about, 50 per cent of the total product of the Bostonbreweries. The par value of the shares is $100 each. Theyare fully paid and non-assessable."—V. 71, p. 289; V. 70,p. 689.

Milwaukee & Chicago Breweries.—Dividends Resumed.—An interim dividend of 2 per cent on the 8 percent preferredstock is announced, payable Sept. 15. The dividends accu-nmlated on the preferred shares after this distribution hasbeen made will be about \%% per cent. The last dividendpayment was in 1898. Secretary D. Willink in a circularsays: '-Sales of beer in the ten months to Julv 31 lastamounted to 573,134 barrels, compared with 527.886 in the

^-rLeo^ondlDg Period of the previous year, an increase of

45,^48 barrels. Trade conditions are better than they werelast year."—V. 69, p. 1299.

Monroe (La.) Elecctric Light & Water-Works Co.—Nego-tiations with City.—The city, it is stated, has voted $60,000in bonds for the purchase of the works or for constructingnew works. Mayor Forsythe has appointed a committee tonegotiate for the purchase of the company's property. W.&. Hawks of Bennington, Vt., is President.Mt. Vernon-Wood berry Cotton Duck Co.—Earnings—

dividend.—At a meeting of the directors on Aug. 15 a re-port was presented for the half-year ended June 30, and asemi-annual dividend of 2 per cent was declared, payable

Sept. 10 to stockholders of record Aug. 31. 1900. The earn-ings, etc., are as below, the net profits, $759,380, contrastingwith $593,703 for the corresponding period of last year, whenthe mills, now united, were running independently:

HALF-YEAR ENDED JUNE 30, 1900.

Net . Interest for 6 mos. > 2 per cent Balance,profits. on 1st M. on incomes. on stock. surplus.$759,380 $175,000 $150,000 $190,000 $244,380

The stock is now on a 4 per cent basis, the first distribu-

tion, 1% per cent declared in January, having been for thefirst four months of the company's existence.—V. 70, p. 689.

National Asphalt Co.

—

Increase of Stock.—This new com-pany, which proposes to absorb the properties of the AsphaltCo. of America, has increased its capital stock from $15,000,-

000 to $22,000,000, of which $10,000,000 is preferred 6 percentcumulative. In addition, an issue of bonds is proposed.

The terms of merger, as tentatively suggested, were given in

the Chronicle of July 21, page 136, under Asphalt Co. of

America.—V. 70, p. 897.

National Glass Co.—Financial Statement.—A statementpresented at the annual meeting this week, shows that thecompany for the first eight months and fourteen days of its

existence, i. e. from Nov. 1, 1899, to July 14, 1900, had grossearnings, including inventories, $2,574,518; operating andgeneral expenses, $2,251,012 ; net earnings, $323,506, equalto $38,090 per month, or at the rate of $456,715 per annum.The annual interest charge is $120,000.—V. 69, p. 1304.

National Lead Co.

—

Purchase of Lead Mine, Etc.—An offi-

cer of the company is quoted as saying:Insomuch as we are the largest buyers of lead in the world we have

thought it wise to purchase a lead mine. It is situated in St. FrancisCounty, south of St. Louis, and Is one of the most valuable propertiesin the country. The mine is operated by the St. Louis Smelting & Refin-ing Co., of which we own all of the stock. Shipments from the minebegin this week. We have sunk three shafts, and have satisfied our-selves that the mine will be the source of large profit.There is little foundation for any of the adverse reports regarding

our company. It is true the volame of our business shows a slightfalling off, but we expect that our showing this year will oomparefavorably with that of last year. There is no truth whatever in thereport that our relations with the American Linseed Co. are un-friendly. We own three establishments for making linseed oil, lo-

cated in New York, Philadelphia and Pittsburg. We have alwaysbeen large purchasers of linseed oil from the American Co. beoausewe have not been able to manufacture as much of this product aswe consume, and have always bought our oil from them on the mostfavorable terms.

Mortgage.—A press dispatch says :" The St. Louis Smelt-

ing and Refining Co., which is owned by the National LeadCo., has filed a mortgage in St. Francis County on its prop-erty for $1,000,000 5 to 20 years 5 per cent bonds to cover ex-tensive improvements recently added. These bonds are un-derstood to be guaranteed by the National Lead Company,and form, therefore, an annual charge of $50,000 prior tothe preferred dividend."—V. 70, p. 326.

National Roofing & Corrugating Co.—Officers.—This com-pany, which is described as a "combine of most of the Mid-dle States manufacturers of metal ceilings, metal roofing,

conductors and eave-troughs," has elected the followingdirectors and officers:

Directors.— G. E. Needham, of Cleveland; Edward Langenbach, ofCanton, Ohio; R. T. Scott, of Cambridge, Ohio; R. J. Hyndham. of Cin-cinnati, and Frank G. Caldwell, of Wheeling. The directors chose thefollowing officers:

Officers.—President, G. E. Needham. of Cleveland; First Vice-Presi-dent, Edward Langenbach; of Canton, Ohio; Second Vice Presidentand General Manager, Frank G. Caldwell, of Wheeling; Treasurer, R.J. Hyndham, Cincinnati; Secretary, N. V. Wilson, Bridgeport, Ohio.

The principal office will be in Wheeling, W. Va. Theproperties of the following companies, it is stated, are in-cluded, and it is expected that eight or ten other plants willbe acquired later:

Garry Iron & Steel Roofing Co., Cleveland; Berger ManufacturingCo., Canton, Ohio; Hyndham Roofing Co., Cincinnati; CambridgeRoofing Co.. Cambridge, Ohio; West Virginia Steel Co., Wheeling, W.Va.—V. 71, p. 239.

National Wall Paper Co.—Dissolution.—See Janeway &Carpenter Co. and the Graves Co. above.—V. 71, p. 137.

New England Cotton Tarn Co.—Plant.—The annual re-port cited last week states as follows the approximate num-ber of spindles which were operated by the yarn and spinningmills acquired by the company, viz.

:

Bennett Spinning Company, New Bedford 173,000Howland Mills Corporation. New Bedford 77,600Rotch Spinning Corporation, New Bedford 1 46,300New Bedford Spinning Company, New Bedford 40,400Nemasket Mills, Taunton. : 32,500C»hannet Mills, Taunton 73,200Globe Yam Mills, Fall River 97,400Sanford Spinning Company, Fall River 37,400North Dighton Cotton Company, Fall River 5,600

The plant of the North Dighton Cotton Co. of Fall River(about 5,600 spindles additional to those above) has beenstripped, and its machinery has been placed in other mills.

All the other mills are being operated to their full capacity.The company is now operating about 588,000 spindles, and,with the changes now in process, will have about 620,000

spindles. This addition to its plant has all been provided forout of this year's earnings.—V. 71, p. 286.

New Omaha Tbomson-Houston Electric Light Co.—Ac-quisition.—The company has taken over the property of theSouth Omaha Water Works Co., which supplies electricity

and not water, and which "has practically a monopoly of all

the electric-lighting business in South Omaha." The purchas-ing company was incorporated Sept. 26, 1885, and its author-

346 THE CHRONICLE. [Vol. moi.

ized capital stock at last accounts was, common $600,000,preferred $500,000. In addition there are outstanding about$340,000 first mortgage 6s dated 1889, due 1919, but subject tocall in installments at 105. On Jan. 1, 1898, the company-was supplying 22,568 incandescent and 499 arc lights.—V. 69,

p. 1304.

Philadelphia Electric Co.

—

Purchase of Securities.—Itwas commonly rumored on Wednesday that the companywas buying in the open market $2,000,000 of its 4 per centbonds from the proceeds of a portion of the recent call of

$2 50 per share.—V. 71, p. 239, 185.

[F. S.] Royster Guano Co.

—

Consolidation.—This companyhas been organized under the laws of Virginia with$1,000,000 authorized capital sfrxik, of which $500,000 is 6

per cent cumulative preferred, to consolidate the F. S. R<~ys-

ter Guano Co., of N. C; the Columbia Guano Co., of Nor-folk, Va., and the Atlantic Chemical Co., of Norfolk. Theproperties merged have been operated under the same management and include, it is said, the two largest plants of thekind outside the Virginia-Carolina Chemical Co. and Agri-cultural Chemical Co. The new company, it is stated, pro-poses to build a large plant in the South. The officers are:

F. S. Royster, President and Treasurer; C. P. Burroughs,Vice-President and Secretary. These, with J. A. Gill, C. E.Williams and C. A. Johnson, are the directors.

St. Louis Smelting & Refining Co.—Mortgage—See Na-tional Lead Co. above.

Southern Mining Co. of Georgia.—Receiver—Reorganiza-tion.—Judge John S. Candler at Atlanta on August 11 ap-pointed T, D. Meader temporary receiver of this company onapplication of the Trust Co. of Georgia (Atlanta), trusteeunder a first mortgage for $75,0C0 and a second mortgage for

$500,000, both entitled to 6 per cent interest. The companywas successor of the Georgia Mining, Manufacturing & In-

vestment Co., ard its assets include, it is stated, leases onproperty of the Dade Coal Co. , the Castle Rock Coal Co. , theWalker Iron & Coal Co., the Georgia Iron & Coal Co. andthe Bartow Iron & Manganese Co. ; also the capital stock ofthe Dade, Caetle Rock, Walker, Georgia and ChattanoogaIron companies. The properties named are located in Bar-tow, Cherokee, Catoosa, Dade and Walker oounties in Georgiaand in Marion County, Tenn., and Jackson County, Ala. Aplan of reorganization was recently submitted and it is still

hoped can be carried out.

Standard Carbide Gas Co. of New York City.— Consolida-tion.—This company has been incorporated in West Vir-ginia with $5,000,000 of authorized capital stock, to produceand sell carbide gas appliances. Incorporators: H. C. Bal-com, C. T. Thayer, C. F. Hathaway, C. H. Finot, F. K.Jones, all of N. Y. City. The company, it is stated, is organ-ized to control the National Acetylene Gas Co. of Cleveland;the Buffalo National Acetylene Gas Co. and the BostonNational Acetylene Gas Co. It also proposes to establish anumber of local companies to use its " wet process."

Standard Light & Power Co. of Fort Worth.—Sold.—Atthe foreclosure sale on Aug. 7 the property was bid in by S.D. Rainey, of Fort Worth, for $21,500.

Staten Island Terra Cotta Lumber Co.—Sate of Bonds.—Special Master in Chancery Frank P. McDermott was tosell at auction on Aug. 10, 1900, at 2 o'clock p. m., at theoffice of the New Jersey Title Guarantee & Trust Co., No.83 Montgomery St., Jersey City, N. J., thirty bonds of thecompany bearing date May 1, 1891.

United States Flour Milling Co.

—

Deposits.—About four-fifths of the bondholders, it is stated, have assented to theplan of the reorganization.

Receivers' Certificates.—Judge Lacombe of the UnitedStates Circuit Court in this city on Thursday authorized thereceivers to issue receiver's certificates to the amount of$250,000. This is the same issue recently authorized by theCourt of Chancery of New Jersey. Judge Lacombe hasalso authorized the receivers of the Hecker Jones- JewellMilling Co., controlled by the United States Company, toissue receivers' certificates to the amount of $300,000. Inthis case, also, a previous order had been made in New Jersey(see V. 70, p. 636).—V. 71, p. 239, 185.

United States Glass Co.—Annual Meeting.—At the annualmeeting on Aug. 15 the old board of directors was re-electedexcept that W. J. Crawford took the place of Ralph Bagga-ley. President D. C. Ripley in his report referred to thefact that since the National Glass Co. was organized lastNovember the ruinous competition in prices which formerlyexisted had been ended. The sales for the year were $1,568,-118, an increase of abont 21 per cent over last year. The netprofit, it is said, was $85,994, exclusive of the Glassport LandCo. The last-named company has reduced its indebtednessduring the year from $203,510 to $179,654, and still holdsunsold 391 acres of its original 500 acrep; 50 acres were soldin the course of the year for $252,169.—V. 69, p. 604.

United States Mining Co.—Stock Purchase. —PresidentEvans and his associates, it is stated, have purchased the17,500 shares of stock held by the Globe National Bank at aprice "understood to have been about $6 50 per share."—V.70, p. 1253.

^hz (frommzxtml %xmzz.

COMMERCIAL EPITOME.Friday Night, August 17, 1900.

The tendency has been toward an improvement in busi-

ness conditions. Naturally at this season of the year it is

expected that the jobbing and consuming trades will begin

their buying in anticipation of their requirements for the

fall season. Thus far demand has not shown the sameactivity as was experienced a year ago, as buyers have been

more [conservative,.keeping their purchases close to well-

defined wants. Nevertheless the indications have been fav-

orable for a fairly satisfactory season's business in most lines

of merchandise, and values in the main have shown a steady

undertone. The demand for iron and steel has continued tobroaden, but prices have not as yet reached a steady basis.

There has been some complaint of crop damage from dryweather in the Southern Atlantic States, but generally cropnews has been favorable. The relief of the foreign lega-

tions at Pekin, China, has been officially confirmed.Lard on the spot has continued in small demand and prices-

have gradually sagged, closing dull ac 6*90c. for prime West-ern and 6*50c. for prime City. There has been no improve-ment in the demand for refined lard, and under limited offer-

ings prices have weakened to 7 30c. for refined for the con-tinent. Practically no speculative interest has been shownin the market for lard futures and prices have gradually^weakened, owing to the dulness of the trade demand and in

sympathy with an easier market for hogs. The close wasdull.

DAXLT CLOSING PRICES OF LARD FUTURES.

Sat.700

Mon.695

Thurt.695

Fri.690

Tucs. Wed.August 7-00 6-95 6-95 697Business in the market for pork has been quiet, but prices

have held about steady, at $12 75@13 50 for mess, $15 00®15 50 for family and $14 00® 15 50 for snort clear. Cut meatshave sold slowly, but prices have held about steady, closing

at 6i£@6%c. for pickled shoulders, 10® 10%c. for pickledhams and 9®10c. for pickled bellies, 14@10 lbs. average.Beef has had a fair sale at steady prices, closing at $9 for

mess, $9 50@ 1100 for packet, $10 50® 12 00 for family and$14 25@16 50 for extra India mess in tcs. Tallow has beendull and unchanged at 4 7 16c. Lard stearine has been dull,

at 8@8 L̂ c. Oleo stearine has not changed in price, closingquiet at 7^c. Cottonseed oil has been dull but steady at

35c. for prime yellow. Butter has had a fair sale at steadyprices, closing at 17@20c. for creamery. Cheese has been infair demand at full values, closing at 8J4@l0^c. for 8tat©factory, full cream. Fresh eggs have been unchanged andsteady for choice, closing at 15@t5^c. fcr choice Western.

Brazil grades of coffee have been dull, and owing to theabsence of demand, prices have continued to sag. Brazil

markets have been easier and the movement of the crophas been larger. The close was steady at $% c. for Rio No.7. A dull market has continued to be experienced for WestIndia growths, but prices have not changed, closing at 10%c.for good Cucuta. East India growths have been withoutchanges. Speculation in the market for contracts has beenmoderately active, but at lower prices. Bear operators havecontinued aggressive sellers, promoted by larger Brazilianreceipts. The close was steady. Final asking prices were r

Aug 7-550.I Nov 7-70o. Maroh 7*900.

gept 7-550. Deo 7-80o. April 795cOct 7-60o. I Jan. 7*8fo May 8*00e

Raw sugars have been sparingly offered, owing to smallsupplies, and prices have been firm, closing at 4^c. for cen-trifugals 96-deg. test !>nd 4)4c. for muscovado 89-deg. test.

Refined sugar has been in slightly better demand and firm,

closing at ti-lOc, list price, for granulated. Glucose has ad-

vanced. Other staple groceries have been unchanged.Kentucky tobacco has been in moderate demand and firm.

Seed leaf tobacco has had a slightly better sale at steadyprices. Sales for the week were 1,750 cases, as follows

:

1,000 cases 1899 crop, New England Htvaua seed leaf, 15®50c; 400 cases 1899 crop, New England seed leaf, 28$ 35c.-.

200 cases 1898 crop, Zimmers, 14^@15c, and 150 cases 1898

crop, Pennsylvania seed leaf, 12c ; also 400 bales Havana at

70@90c. in bond and 600 bales Sumatra at 80c.@$ I 75 in bond.Business in the market for Straits tin has continued dull

and prices have weakened, closing lower at 3l*25@3r30c.Cable advices have been weaker. Ingot copper has been dull

but steady at unchanged prices, closing at 16J^e. for Lake.Lead has been dull at unchanged prices, closing at 4*350. for

domestic. Spelter has been easier, closing quiet at 4-12^®4*17^c. for domestic. Pig iron has had a slightly better

sale, but prices have continued to sag, closing at 13@18c. for

domestic.Refined petroleum has been steady, closing at 8*0>c. in

bbls., 5*50c. in bulk and 9-35c. incases. Naphtha unchangedat 9-55o. Crude certificates have been neglected. Credit

balances have been unchanged at $1 25. Spirits turpentine

has been quiet and easier, closing at 4l»^®43c. R>sin has

held steady at $1 55 for common and good strained. Woolhas received increased attention but only a limited volumeof business has been transacted. Hjps have been unchangedand steady.

August 18 1900.] THE CHRONICLE. 347

COTTON.Friday Night, August 17, 1900.

The Movement of the Crop, as indioated by our telegramsfrom the South to-night, Is given below. For the week endingthis evening the total reoelpts have reaohed 3,012 bales,

against 4,515 bales last week and 16,692 bales the previousweek, making the total receipts sinoe the 1st of Sept., 1899.

6,540,023 bales, against 8,420,217 bales for the same period of

1898-9. showing a deorease sinoe Sep.l, 1899. of 1,880,189 bales

Receipts at— Sat. Hon. Tue$. Wed. Thurt.

11

Fri. Total

Galveston 47 138 5 12 52 265Bab. Pass, Ac. ...... •' ...... ...... ». . - . . ......

New Orleans... 20 40 80 44 2 186Mobile......... ..••- 3 3 6Pensaoola, <feo. •••••- ...•-• ••••-. ••>> 297 297

144 3 7 6 350 510Brunaw'k.Ac. ...... ...... ...... ...... ...... •••*•

16 140 4 7 4 171Pt. Royal.&o. ...... ...... ...... ...... ...... ......

Wilmington.... 1 2 1 4Wash'ton.&c. ...... ...... ...... «••• ...... ......

Norfolk 58 246 2 110 48 2 466N'p't News, Ac. ...... ...... ...... ...... ...... 149 146

New York ...... ••••.. ...... ...... ...... ...... ......

Boston .... ...... ...... 20 ...... ...... ...... 20Baltimore «••• .. ...... ...... ...... 888 888Pnlladel'a, Ac. 30 23 53

Tot. this week 286 597 37 237 460 1,395 3,012

The following shows the week's total receipts,the total sinoeSept.1,1899, and the stock to-night, compared with last year

1899-1900. 1898-1899. Stock.Receipts to

Aug. 17.This

week.

Since Sep.

1, 1899.

Thit

week.

Since Sep.

1, 1898.1900. 1899.

Galveston... 265 1,701,651 6,671 2,306,439 2,820 17,761Bab. P., Ao. 87,345 76,370

New Orleans 186 1,859,831 3,734 2,213,6-35 28,883 129,760Mobile 6 198,703 203 250,226 4,242 5,697P'saoola, Ao. 297 152,393 1,575 245,152 • •Sit*

Savannah... 510 1,080,632 407 1,086,838 7,643 10,654Br'wiok.Ae. 121,881 274,429Charleston.. 171 262,647 24 371,213 1,636 5,311

P.Royal.Ao. 1,235 23,424Wilmington. 4 279,706 1 291,694 2,092 9,174Wash'n, Ao. 799 1,351 .....

Norfolk 466 408,150 107 686,337 8,763 21,066N'port N.,Ao 146 34,494 34,724 412New York... 80,471 120,487 31,815 144,018

20 118,981 332 316,988 2,500 4,300

Baltimore .

.

888 102,477 1,803 68,398 1,562 4,330

Phlladel.Ao. 53 49,132

6,540,028

99 52,462 2,834

90,152

6.558

Totals 3,012 15,006 8,420,217 358,709

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

Receipts at— 1900. 1899. 1898. 1897. 1896. 1895.

Galves'n.Ao. 265 6,671 2,958 5,849 15,087 716New Orleans 186 3,734 3,442 11,463 10,657 665Mobile 6 203 137 37 518 30Savannah... 510 407 390 340 7,031 579Ohas'ton, Ao. 171 24 852 81 2,300 41Wilm'ton, Ao 4 1 10 17 181 15Norfolk 466 107 832 271 701 100N. News, Ao. 146 37 27All others... 1,258 8,859

15,006

751 965 341 569

Tot. this wk. 3,012

6540,028

8,872 19,060 36,961 2,715

Blnoe Sept. 1 8420,217 8623,198 6712.960 5269,199 7872.291

The exports for the week ending this evening reaoh a totalof 16,266 bales, of whioh 9,077 were to Great Britain,to France and 7,189 to the rest of the Continent. Beloware the exports for the week and since Sept. 1, 1899.

Exports

from—

Galveston.

Sab. Pass, Ao.

New Orleans.

MobilePensaoolaSavannahBrunswickCharlestonPort Royal...

Wllmlnjrton...

NorfolkN'port N., 4e..

New York....

BostonBaltimore

Philadelphia..

Ban Fran.. *o..

Total

Total. 1888-90.

Wee\ Bndins Aw). 17, 1900.Exported to-

GreatBriVn.

8,295

297

France

3,566

1,919

9,077

11,647 881

Conti-

nent,

H

151

5,526

1,455

7,189

12,299

total

Week.

154

9,092

1.919

1,455

From 8ept. 1, 1899, to Aug. 17, 1900.Exported to—

Great

Britain.

602.529

12,144

695,380

101,312

51,085

181,474

67.666

66.059

44,659

30,429

25.890

225.085

146 687

62,673

7.068

10,398

16 266 2,320,488

24,167'3,527,0U

France

362.205

8.187

232.116

16,247

39,3^8

37,396

2,17?

691,666

800,850

Conti-

nent.

622,518

62,831

728,511

81,692

65,390

508,279

16,626

112,847

230,079

9.387

2,807

291,296

3,634

139,457

loUkX

1,487,282

87,152

1,651,037

133.004

182,722

727,081

83,291

178,90f

177,327

274,736

39,816

28.197

663,727

150.3-21

191.307

7.C68

187,725

2,884.230 6,896.374

In addition to above exports, our telegrams to-night alsojive us the following amounts of ootton on shipboard, no*cleared, at the ports named. We add similar figures forNew York, whioh are prepared for our special use by Messrs.Lambert & Barrows. Produce Exchange Building.

ON SHIPBOABD, HOT CLEARED FOB—Leavingstock.Aug. 17 at Sreat

Britain. France.Other

ForeignCoast-wise. Total.

33287

None.200

None.1,8002.5001,500

ffew Orleans...

CharlestonMobile

188None.None.None.None.None.300

1,000

None.None.None.None.None.None.None.None.

5087

None.None.None.None.2,200500

94None.None.200

None.1.800None.None.

28,5012.7337,6431,4364,242

Norfolk 1,963

'Hher ports29,3157,900

Total 1900... 1,488 None. 2,837 2,094 6,419 83,733

Total 1899. .

Total 1898...4.666

10,0011,223None.

10,3085,809

6,2m2.600

22,44818,410

836,261183,976

2.989.624 7,317,376

Speculation in cotton for fature delivery has been moder-ately active, but the undertone has continued unsettled,owing to the extreme nervousness shown by traders, result-

ng from the conflicting reports as to the prospects for thegrowing orops. The Bureau report issued last Friday hashad a tendency to change sentiment considerably, althoughnumerous communications have been received from theSouth the past week, claiming that the average condition re-ported by the Bureau was too low. The weekly WeatherBureau report issued Tuesday afternoon indicated less favor-able crop conditions, but it had been anticipated, and im-mediately following the report prices reacted underselling by recent buyers to take their profits. Pri-vate advices received from Texas have made thecrop outlook mostly favorable, the needed fair weatherbeing experienced over much of this State. Reports from theAtlantic States, however, have been less favorable. Scatteredrains have been reported in Georgia, Alabama and the Caro-linas, but private advices have stated that the crop is inneed of general rains, and that as a consequence its conditionis deteriorating. Another factor which has had a bullish in-

fluence ha3 been a disappointingly small movement thus farof new-crop cotton. To-day the market opened at a slightdecline under the reports of showers in the Atlantic States;rallied on shorts covering, stimulated by the more favorablenews from China, but again weakened during the late trad-ing, prompted by rains and predictions of rains in the At-lantic States. The close was steady at a slight recoveryfrom bottom figures, and final prices were 7 points lower forAugust and 1 point higher to 2 points lower for other months.Cotton on the spot has been quiet, closing easier at 10c. formiddling uplands.The rates on and off middling, as established Nov. 15, 1899,

by the Revision Committee, at which grades other thanmiddling may be delivered on contract, are as follows.Fair ..o. 1% onMiddling Fair % onitrict Good Middling 7J6 on9ood Middling 6ieon3trlot Low Middling 3ia oflLow Middling 7, 6 offStrict Good Ordinary % off(Jood Ordinary Hie off

Strict Good Mid. Tinged. o. 3, e onGood Middling Tinged EvenMiddling Tinged ^ off

Strict Middling Stained.... % off

Low Middling Tinged Bie off

Middling Stained 'ie off

Strict Low Mid. Stained... 1 off

Low Middling Stained l%offOn this basis the offioial prioes for a few of the grades for

the past week—Aug. 11 to Aug. 17—would be as follows.

UPLANDS.

iood Ordinary........ijow Middling ....(fiddlingStood MiddlingMiddling Fair

Bat. Ulon Toes Wed Th. Frl.

9li*

9»ie10%iO'ie10%

93,g

If18

Site9ii ie10%107,

«

10%

9li«

9"ie10%107, e

10%

9l,«

S^is10%107,,10%

99i«10105ie10%

GULF.

Gk>od Ordinary.Cow Middling..diddling»ood Middling.,tiddUnsr Fair..

Sat. Mora Tnei Wed Th. Frl.

9B,«915u

103810'lu11*8

9716I0i 1610%10131811*4

96,,9'S,«

103610Ul61118

IS959 '6 ie

10%10U lfllie

96,8915le10%loiiie11%

93169131810%109,,

STAINED.

Low Middlingfiddling......Striot MiddlingSood Middling Tinged

.

Sat. Mod rues Wed Th. Frl.

8%9' he9%

10*8

8%

iS13

' 6

10k

8*49" l6

9%10^8

8%9'lie9*810^8

8%9U 169%10%

8%9^16934

10

The quotations for middling upland at New York onAug. 17 for each of the past 82 years have been as follows.L900....0.101899.1898.1.897.1896.1895.1894.1893.

88 3137»„777,6

1892. ...0. 73, 61891 7i5ie1890 12i 181889 113e1888 lias1887 93s1886 9%1885 10716

MARKET AND SALES.

1884. ...0.10%1883 103ig1882 13', 61881 .12181880 11%1879 11%1878 121877 11%

187G. c.12%1875 14141874 16%1873 19%1872 21%1871 lSifl

1870 19%1869...... 3334

spot marketClosed.

Saturday .

Monday. .

.

Tuesday..WednesdayThursdayFriday...

Total....

Steady at *8 ad.Quiet at ^9 adv.Quiet at i8 decQuietDullDull at % dec.

FUTURESMarketClosed.

HteadyVery steady.SteadySteadySteadyQuiet &st'dy

Sales or Spot A Contract.

Ex-port.

900

900

Con-sump.

550

"36205

'45*

830

Con-tract.

200

200

Total.

1,450

"230205

45

1,930

348 THE CHRONICLE. [Vol. LXil.

Futures.—rhe highest, lowest and closing prices of

Futures at New York are shown in the following table.

<*»: 00:Pa l P o> [Pa^PowPoWPawPa1 2£

H •

I ! :

b »5 9

WOC!»: :

'

w. !

I ! !

I I

Id

I I

00 00

ibib©-a

0000ib-colb©

I 80000 00Q0

"ImI d00

i

00 00

cowCOOI 8

00 00

CO to»aoo

I

00 op

CO tocnen

1 8

00 00

ob toWlb

CO toCD CO

OCOO 0000 0000 OCCD ocoo

ibCnooo

lb. lb

06 <J COI*- lbM© CO ib-

COOCOCO05 CO

cocoOKI

bib-©M

00 00

ibWcocoI 900 00

en en©to

00 00

«jentoco

I 9

coco

CO toOHI §

0000 COCO

coibWib.COO

1

1

I s

I I

en '

03I «

°pI

00

op op

CnibIbCn

i a

coop

m©

0000 00

CnCnCnib

00 00

lb COCOCO

I »00 00

en en

00 00

ibW-J -J

I 900 00

ib-ib

00 00

ibebCn 03

I 9

0000 COCO

IbW|bCn

lb lbcoo

0000 0000 0000

»-H ©» lb lb.

03 00lb lbCn C»

o-lb.OOO

0000wenoo

I 6>

op 00

©©

0000

IbCnI 9)

coco

lb lb03OI 8

0000 coco

00 00en en

ibenco to

£5ft.

MSlw«

1 1

1 d

00 00

>bib-oo1 9

oo cc

COW00 00

: §

"Iw '

en

1 d

00 00

eoeoWW1 9

3100 Op

to toCO 00

I 9

coopto to00 00

1 9

00 00

cowWlf>1 9

00 op

lb lbwto1 3

00 00

03 03Wit*

1 $

©COWW©M1 3

ft

i i

00 00 00 00 00 00 0000 00 00 00 00 coco ocoo 0000 ocoo COCO K8lb'*i

i i lb<55too

wencow

we.i<IW

wenViw wen

tiOCO**oco

to*.coco

co enen en

lb©*. w

ocooMO Wlbwen

ii

cow 00 00 00 CO 00 00 coco 00 00 0000 00 tt 00 00 00 00 ©©

• a

i i

1 §

IbWen if*

1 9

ibWWWi e»

>b toceo

ib toOOO1 3

wtoCO en

1 8wtoCOM1 9

wtoen©1 ©

wtoco -a

I 9

enwO031 3

<1WM<11 3

to to©to1 3

ii

00 00 00 00 0000 00 00 00 00 00 00 00 00 00 001°° 00 00 CO© i-1

Si-

enaI I ibib lb lb

>bCT>lb lbwib

MlbCOO

wib•JO

weo03 OD

lb lbm w1 Ol

to©WWMW

I I

I §

I I

WW03 03

3

00 no

WWen ex

I 9

w '

wI 3

00 00

WWctoI 9>

"Ito '

©i d

to to•a -a

I 3

00 00

to to03 CD

I 9

COCO 0000

WWowI 3

lb-lbto to

I 8

00 00

03 03* WI 3

CO©to toen©

I $0000 COCO 00

.w*»-JO

wib03©

0000 0000 0000 0000 0000 0000 0000 ©©WibWW WW

MentowCC©

tOCu«3©

Wlb-tO tO

lb- enWW 03-Jen©

to lb-

Cow

3li

tn

©2

I I

0000 0000

WWlb lb

9

Wlb.CnM

WWWW1 9)

lb.

o

00 CO

COCOMM

WWwen

00 00

Wtoo©I 300 00

WWto©

to '

00

coc

00 00

to to-Jib

I 8

woeto to©lbI 3

©00co toOOOI 91

00© CCOO CO©aiib- »© ^»t^WO IbM ©<1Id IS Id

COCO CDCC COLO CCOO CCOO ©©tow©lb-

tOW<llb

WWto en

*"-enib©

©^1ec©

to too©

I*m|

I I

I d

I I I

I

°?1 w

lb-

I ti)

ww9

enlb-

00

to©

00

enw

©to00

enw

I

°?1 toen

I 9

I

"o

I

"1 toM

I 9

ib©

to©9)

to

g©ib-©

w©

>?I

"yI

w en

© , ©• i •

en ' MS I 9

©ento

©

s

The Visible supply op Cotton to-mgnt, au maae up t>y

cable and telegraph, is as follows. Continental stocks, as wellas those for Great Britain and the afloat, are this week's returns, and consequently all European figures are brought downto Thursday evening. But to make the total the completefigures for to-night (Aug. 17), we add the item of exports fromthe United States, incluaing in it the exports of Friday only

1900. 1899. 1898. 1897.Stook at Liverpool bales. 310,000 970,000 843,000 572,000Btook at London 13,000 9,000 5,000 5,000

Total Great Britain stock 323,000Stook at Hamburg 18,000Stook at Bremen 83,000Stook at Amsterdam.... ......Stook at Rotterdam 200Stook at Antwerp 3,000Stook at Havre 86,000Stock at Marseilles 3,000Stook at Barcelona 81,000Stook at Genoa 23,000Stook at Trieste 6.000

Total Continental stocksTotal European stocks

97y,00032,000

200,0003,000200

4,000172,000

6,00087,00036,00025,000

848,00020,000

177,0001,000300

6,000158,000

4,00057,00028,00019,000

577,00024,00091,0001,000200

3,000103,000

5,00060,00035,00017,000

303,200 SSi.asOO 470,300 339,200626,200 1,544,200 1.31H.30027.00074,00014,00090,15245,5922,452

39,00068,00017,000

358,709225,769

7,206

41,00067,00018,000

202,386108,858

2.140

916,20023,00017,00022,00079,64036,284

172

India cotton afloat for EuropeAmer. cotton afloat for E'rope.Egypt. Brazll.&c, aflt.for EfpeBtook In United States ports..Stook In U. 8. Interior towns..United States exports to-day..

Total visible supply 879,396 2,259,884 1,757,684 1,094,296Of the above, totals of American and other descriptions are as followsAmerican-

Liverpool Btook bales. 218,000 892,000 761,000Continental stooks 273,000 494,000 409,000American afloat for Europe... 74,000 68,000 67,000United States stock 90,152 358,709 202,386United 8tates Interior stooks. 45,592 225,769 108,858United States exports to-day.. 2.452 7,206 2. 1 40

Total Amerloan 703,196 2,o4t>,tS84 l,55o,384'

East Indian. Brazil, «8c—Liverpool stock 92,000 78,000 82,000Londonstook 13,000 9,000 5,000Continental stooks 30,200 71,200 61,300India afloat for Europe 27,000 39,000 41,000Egypt, Brazil, Ac, afloat 14,000 17,000 18,000

458,000260,00017,00079,64036,284

172

851,096

114,0005,000

79,20023,00022.000

243,200851,096

Total Visible supply 87 9,396 2,259,884 1,757,684 1 094,296Middling Upland, Liverpool.. 5i»3 ,d. 37 le <i. 3*34 as,.,*Middling Upland, New York.. 10c 63i„o. 5'8o.Egypt GoodBrown, Liverpool 6>4d. 5°8d. 4 3sd.Peruv. Rough Good, Liverpool 7' d. 67ad. 6 7sd.Broach Fine, Liverpool 5»i«d S^l 3^aA.Tlnnevelly Good, Liverpool... 4^d. 3>4d. 3»i 6d.

I3P~ The imports into Continental ports the past week havebeen 18,000 bales.

The above figures indicate a decrease in the cotton insight to-night or 1,380,488 bales as compared with the samedate of 1899, a loss of 878,288 bales from the correspondingdate of 1898 and a decline of 214,900 bales from 1897,

Total East India, <ko 176,200 214,200Total Amerloan.. 703,196 2,045,684 1

207,300550,384

7 780.

614a"4l,

ftd"4i«rt

At the Interior Towns the movement—that is the receipts(or the week and since September 1, the shipments for theweek and the stocks to-night, and the same items for thecorresponding period of 1898-99—is set out in detail below.

©

Iw

m§£|

J3 B

S ® £ 5 E.K ^» o» » 2 2.ET2 2 » £. fl SSSst*

Il5 ?w 5*2 § S-lei g < 3 * § § g Bbb • »

H Hcxo

"isggii: • i

OS

E22: :

3

© eg

eW

O H

HC

w«: i :

. ©.

• to «;•^i! o w©!©• ow©©- w ;

<iow-mm! ioko; wmck

f^M©. oo- <j ti tow to a wen

toMv%ecoCD

«1 CH tO » M »M M Menibi^«to©MWMtoo©«j©wenib©MCJtiben©o©wtoej«<n©M©^©jo^©ap»p©f^w^^w©ppcnto^jbtopwc*©toww ©Iblowm<V©w"mw mIsj'wIo© wenVj'en w^o'to to wlb en oW©OWib©©Wto©©<l©-acce3^IibWtOM©ib©OM»MMOai©©McnMWib©©woibw©<ooowwib.to©en©©toenenMO©©

Is©»©

wg00©

to-co;©.

en; ts «:©! cn©w©:w- y-'r-aao'

w' «atotolb- MSOlb

to; ib©! i ©en M©• M-ltOM©W

» « *

i

>b I

en I

en ii

©to

©• tOwlfc 1 COW ©OOlb.© tO»MtOM©-3W^©eO©W©Oi WOi^! ©©! ©©©ibM©tvtO>3©tO©tOO©©0©co©tO©• WO©> ©en. *]©ib^i<]©en©O©O©«Ouct0©ibt0>4'>4

S ?5

• c»

M *-3 »

-3<1

©; W M ;;

Mi *CnM»b *M tO «a M M'MtOMWMM©; ©W« MOtSWKM ©I tOM MH«)0»; OMibM©OMv|' <ien©©©<lta©OM«qen- MibtOWOMib^ enoo©<wo

OoS'lb <1W® tO tOMMMen, ©«3»©w©Mib toto»en©enib»jcBen enen©©en~jw©w©©MW ! Jf'jbWp©MW VIM© <} -^ ©W MMp M»WWp<ip<IOO^-«© <I

lo M©W^"w©lblbOO©OM©M©V^©©W©CwV«l!OWOCO<lCnM;|b.-4©©t0»» tOO>tOO©lb©©<l©© to O©© tOO©»4W W©KI MW©

iM©Wen©tO©tOO©W«-«M«wtOMto©OOOMib©en«<l©<l

"Sao"•»

©»©

©:» to m

: : : :

m- Mto<i ©m toto : ib to »^: m»o: m-i; ao-3 w©©m*j m! ©to Mto vvt[ , o»m; w<imlb. e«Oib»©o'tOibib wo- oow^-a^enen- • ©w- en©en

§3

?rC2

totoCJl

©CO

M © © Mm toMw; <i; ^•p.*k *k ko*k p r1

! ^^ i0MfkMr' H© wenib: 'J-en' ^^-" o w en en enlb enlflo m"io to"M©'i- ©^l © wojtow«3Wl ©m totoMtooo<i©ibcD©© wento©w©o»©wtoibow- o© ooo-qoo to©o^iMMooibib©toMwen

g *• «

<x> »

The aoove totals snow tnat tne interior stocks nave de-

creased during the week 2,567 bales, and are to-night 180,177bales less than at same period last year. The receipts at all

towns have been 15,758 bales less than same week last year.

Overland Movement for the Week and Since Sept. 1.—^e give below a statement showing the overland movementfor the week and since Sept. 1, as made up from telegraphicreports Friday night. The results for the week endingAug. 17 and since Sept. 1 in the last two years are as follows.

1899-1900. 1898-1899.

August 17.

Week.Since

Sept. 1. Week.Since

Sept. 1.

Shipped—Via at. Loals...... ............. 1,998

2

200369

858,986227,21111,68612,810

212,009135,754320,894

1,779,350

851,06178,48298,571

528,114

1,214545

92248

1,146

944,555408,10920,280

Via Rock Island 42,967211,372179,872221,053

Deduct shipments—Overland to N. Y., Boston, &c.

2,569

961186730

1,877

3.875

2,284497852

2,028,208

558,33551,429

Inland, <Sc, from South. . ....... 105,860

Totalto be deduoted. ........ 3,633 715,624

Leaving total net overland*.. 692 1.251,886 2421.312.584

Including movement by rail to Canada.

The foregoing shows that the week's net overland movementibis year has been 692 bales, against 242 bales for theveek in 1899, and that for the season to date the aggregate net•verland exhibits a decrease from a year ajro of 61.348 bales.

In Sight and Spinners'Taktngs.

1899-1900. 1898-1899.

Week.Since

Sept. 1. Week.Since

Sept. 1.

3,012692

80,000

33,704•2,56-

6,540,0281,251,2361,523.000

15,006242

26,000

8,420,2171.312,584

Southern consumption to Aug. 17 1,310,000

9,314,264tl97,591

41,248•1,633

11042801121.6S0

Game Into sight during week. 31,1379,116,673

2.179.509

39,61511164451

lofth'n spinners tak'srs to Aug 17 ...... 1.227 2.240 799* Decrease during week. t Less than Sept. 1.

In 1898 the week's movement into sight was 27.591 bales;

n 1897 reached 84,939 bales; in 1896 was 62,014 bales, andIn 1895 was 8,984 bales. The totals since Sept. 1 in the same(rears were 11,021, 183 bales in 1897-98; 8,425,915 bales in 1896-7;

7,065,660 bales in 1895-96 and 9,759,572 bales in 1894-95.

Augtst 18, 1900.] THE CHRONICLE 349

Quotations fob Middling Cotton at Other Markets.—Below are closing quotations of middling cotton at Southern

and other principal cotton markets for each day of the week.

Week endingAug. 17.

Galveston.New OrleansMobileSavannah..Charleston.WilmingtonNorfolkBostonBaltimore

.

PhiladelphiaAugusta.....'Memphis....St. Louis....Houston.....Cincinnati ..

Louisville...

LOSING QUOTATIONS FOB MIDDLING OOTTOB ON—

Safer.

9»»16

9ifl"

9*"1010103s9\9**9**8 Ts9*9<>8

Mon.

9*8

9"ie

9>J"91*

9«i"10%10%10 4»

9\9%9%99%9°s

Tutt.

9%9i6

lfl

9%9\"10>410*410%9\90s9»i«9%9%934

Wednts.

9%9i5,e

9%"9%9\"10%10%10%9*49%?,>9%9%934

Thur$.

9%eiBis

9%"9%9\"10%10%10%9%9%2?"9%9%9%

Fri.

9%916 16

9%"9%9\"10%10%10V9%9%£"9%9%9%

The closing quotations to-day (Friday) at other importantSouthern markets were as follows.

Nashville 9%Natchez 9\Raleigh 9%Bhreveport 97is

Athens.... 9%Atlanta 9%Charlotte 9%Columbus. Ga. 8%

Oolumbus.Mlss 9%EufaulaLittle Rook.... Nom.Montgomery... Nom.

Receipts from the Plantations.—The following tableindicates the actual movement each week from the planta-tions. The figures do not include overland receipts norSouthern consumption; they are simply a statement of theweekly movement from the plantations of that part of thecrop which finally reaches the market through the outports.

Week ItcHptt at the Porte St'h atlnterior Towne. Rec'vtefrom Plant'ne

Ending—1900.

25,612

1899. 1898. 1900. 1899.

261,310

1898. 1900.

667

1899.

12,f82

1698.

July 13 ... 24,766 9,124 78,275 145,768 4,796" 80 ... 40.879 15,515 7,862 64,258 243.S10 132.382 26,857 2,985" 27.... 27,954 7,372 9,723 63,408 237,436 121,674 17.109 ...... ......

Auk. 3 ... 16,192 7,031 10,531 49,473 230,613 119,857 12,757 203 8,<17" 10 ... 4.515 8.065 3,867 48,159 227,402 115,541 3.201 4,861" 17 .. 3,012 15,006 8,872 45,6*2 225,765 108.858 446 13.373 2,189

The above stitement shows: 1.—That the total receiptsfrom the plantations since Sept. 1, 1899, are 6,342,437 bales; in

1898-99 were 8,535,908 bales; in 1897-98 were 8,691,990 bales.2.—That although the receipts at the outports the past

week were 3,012 bales, the actual movement from planta-tions was only 445 bales, the balance being taken frometocks at interior towns. Last year receipts from theplantations for the week were 13,373 bales and for 1898they were 2,189 bales.

Weather Reports by Telegraph —Oar telegraphic re-

ports from the South this evening indicate that on the wholethe weather has been less favorable during the week. Fromthe Carolinas and Georgia there are complaints of dry

weather, and damage to the crop is claimed to have resulted.

Advices from Arkansas, Mississippi, Alabama and Tennessee

are to the effect that in consequence of lack of moisture the

crop is also deteriorating in sections of those States. FromTexas our reports denote that the crop is late as a rule, andspotted. Early cotton is opening in southern districts of

Texas, but picking, while makiag some progress, is notgeneral. The plant is fruiting well in some localities of

Texas, more particularly in the northwest, where the outlookis promising.

Galveston, Texas.— Early cotton is opening over the South-ern portion of the State. Some picking is in progress, but it

is not general. Continued rains in Southeast Texas causedbolls to rot and induced rank growth of tha plant at the ex-pense of fraitage. Bat the plant is fruiting well in somelocalities, more particularly in Northwest sections, wherethe crop is promising. Tne weather now is mora favorableand the crop is improving. Boll worms and other pests aredamaging the crop in localities over Southern Texas. Thecrop is late, on the whole, and very spotted, ranging frompoor to excellent Some fields are in good condition, whileothers are grassy. There has been rain during the week tothe extent of two inches and thirty hundredths, on threedays. The thermometer has ranged from 73 to 88, averaging81.

Abilene, Texas.—We have had no rain during the pastweek. Average thermometer 81, highest 92 and lowest 70.Brenham, Texas.—We have had rain on two days of the

week, to the extent of one inch and twelve hundredths. Thethermometer has averaged 71, the highest being 90 and the10W©6t 4«,

Corpus Christi, Texas,—There has been heavy rain on twodays of the week, to the extent of three inches and fortyhundredths. The thermometer has averaged 80, rangingfrom 88 to 72.Cuero, Texas—It has rained on three days during the past

wee*> the rainfall being one inch and twenty-one hun-dredths. The thermometer has ranged from 70 to 95, aver-aging 83.

s

Dallas, Texas.—The week's rainfall has been fifty-sevenhundredths of an inch, on one day. Average thermometer80, highest 93, lowest, 67.

Henrietta, Texas.—We have had a trace of rain on two

days of the past week. The thermometer has averaged 83,

the highest being 100 and the lowest 65.

Huntsville, Texas.—There has been heavy rain on two daysduring the week, to the extent of two inches and thirty-nine

hundredths. The thermometer has averaged 83, rangingfrom 72 to 92.

Longview, Texas.—There has been rain on two days dar-ing the week, to the extent of five hundredths of an iach.

The thermometer has ranged from 70 to 98, averaging 84.

Paris, Jexas.—It has been dry all the week. Averagethermometer 84, highest 97 and lowest 70.

San Antonio, Texas.—Rain has fallen on one day of theweek, the precipitation reaching six hundredths of an inch.

The thermometer has averaged 83, ranging from 72 to 94.

Temple, Texas.—There has been rain on two days daringthe week, to the extent of seventy-six hundredths of aninch. The thermometer has averaged 78, the highest being91 and the lowest 65.

Ntw Orleans, Louisiana.—We have had rain on two daysof the week. The thermometer has averaged 84.

Bhreveport, Louisiana,—It has rained on two days duringthe past week, the rainfall being thirty-one hundredths ofan inch. The thermometer has ranged from 70 to 95, averag-ing 82.

Columbus, Mississippi.—While there has been no rainhere during the week, showers have fallen over a limitedarea. A general rain is needed. Average thermometer 86,highest 98 and lowest 74.

Greenville, Mississippi.—The weather has been hot and dryduring the week.

Little Rock. Arkansas.—Crops on uplands are deterioratingvery fast. We have had no rain during the week. Averagethermometer 83, highest 96, lowest 71.

Helena, Arkansas.—Crops generally need rain. There hasbeen no rain here during the week, but showers are reportedin the neighborhood. The thermometer has averaged 84*7,

the highest being 95 and the lowest 73.

Memphis, Tennessee.—The weather this week has been dryand the hottest of the season. Moisture is needed. Com-plaints of rast and shedding are increasing. The thermom-eter has averaged 83'8, ranging from 73 7 to 93'4.

Nashville, Tennessee.—The cotton cr *p is spotted. Wehave bad no rain dav daring the week. The thermometerhas ranged from 71 to 97, averaging 84.

Selma, Alabama.—The dry, hot weather of the past week(there has been only one light shower ) has caused cotton todeteriorate. Reports of damage from rust and shedding arestill being received. The thermometer has averaged 89,ranging from 78 to 99.

Mobile, Alabama.—Scattered showers are reported fromthe interior and crop conditions are satisfactory. Rain hasfallen on one day of the week, to the extent of sixty-ninehundredths of an inch. Average thermometer 81*4, highest90 and lowest 71.

Montgomery, Alabama.—Crops are very spotted and aredeteriorating, owing to the extremely hot weather and lack ofrain. We have had rain on one day during the week, to theextent of two hundredths of an inch. The thermometer hasaveraged 85, the highest being 99 and the lowest 72.

Madison, Florida.—We have had rain on two days duringthe week, the rainfall being two inches and eighty-one hun-dredths. The thermometer has ranged from 74 to 98, aver-aging 86.

Savannah, Georgia.—We have had rain on two days of theweek, the rainfall reaching eighteen hundredths of an inch.Average thermometer 85, highest 97, lowest 73.

Augusta. Georgia.—Three new bales have been received todate. A few scattered showers have occurred during theweek, but the drought and hot weather continues and dam-age to the crop is claimed to have resulted. The thermom-eter has averaged 86, the highest being 99 and the lowest 74.

Stateburg, South Carolina.—The hot, dry weather contin-ues, with increasingly disastrous effects upon all crops. Thethermometer has ranged from 73 to 101, averaging 87.Greenwood, South Carolina.—Dry weather has prevailed

all the week. Cotton is in rather bad condition on accountof lack of moisture. No rain in six weeks. Average ther-mometer 84, highest 97 and lowest 72.

Charlotte, North Carolina,—Cotton is doing well but morerain is needed. We have had rain on two days of the p&stweek, the rainfall being fifty-six hundredths of an inch.The thermometer has averaged 84, the highest being 99 andthe lowest 68.

Weldon, North Carolina.—Cotton has been damaged bydrought. It has rained on one day of the week, to the ex-tent of ninety-eight hundredths of an inch. The thermome-ter has averaged 86, ranging from 72 to 99.Raleigh, North Carolina.—Between August 1st and 13th

cotton suffered severely from heat and drought, but sincethen there has been rain on two days, the precipitationreaching one inch and twenty six hundredths. The ther-

mometer has ranged from 69 to 99, averaging 87.

The following statement we have also received by telegraph,showing the. height of the rivers at the points named at

3 o'clock August 16, 1900, and August 17, 1899,

Aug. 16, 'OO. Aug. 17, '99.

Slew Orleans Above zero 01 gauge.Memphis ...Above zero of gauge.SashvlUe Above zero of gauge.Bhreveport........ Above zero of gat ge.Vloksburg Above zero of gauge.

Feet.5-35-23 78'9133

Feet.4-8

11-31-84-8134

350 THE CHRONICLE. [Tol. LXaI.

Cotton Crop Circular.—Oar Annual Cotton Crop Review

will be ready in circular form about Thursday, September 6

Parties desiring the circular in quantities,with their business

card printed thereon, should send in their orders as soon as

possible, to ensure early delivery.

India Cotton Movement from all Ports.—The receipts

of ootton at Bombay and the shipments from all India ports

for the week ending Aug. 16, and for the season from Sept. 1

to Aug. 16 for three years have been as follows:

1899-1900. 1898-99. 1897-98.

Receipts at-Week.

SinceSept. 1. Week.

SinceSept. 1. Week.

SinceSept. 1.

3,000 909,000 21,000 2,062,000 6,000 1,793,000

Exportsfrom—

For the Week. Since September 1.

GreatBritain.

Conti-nent. Total.

GreatBritain.

Conti-nent. Total.

Bombay—1899*00..1898-99 .

1897-98..Calcutta—

1899-'00..1898-99..1897-98..

Madras—1899-'00..1898-99..1897-98..

All others—1899-'00..1898-99..1897-98..

1,000

1,000

2,0002,0003,000

1,000

2,000

3,0004 0002,000

2,0002,0003,000

1,000

2,000

4.0004,0003,000

17,00015,00014,000

3,0005,0004,000

5,0002,0002,000

9,00010,00016,000

106,000530,000445,000

30,00031,00033,000

14,00017,0005,000

89,000122,000126,000

123,000545,000459,000

33,00036,00037,000

19,00019,0007,000

98.000182.000142,000

Total all—1899'00..1898-99..1897-98..

1,000

1.000

6,0006,0007,000

7,0006,0008,000

34,00032,00036,000

239.000700,000609,000

273,000732,000645,000

According to the foregoing, Bombay appears to show adecrease compared with last year in the week's receipts of

18,000 bales. Exports from all India ports record a gainof 1,000 bales during the week and since September 1 showa decrease of 459,000 bales.

Alexandria Receipts and Shipments op Cotton.—Through arrangements we made with Messrs. Davis,Benaohi & Co., of Liverpool and Alexandria, we nowreceive a weekly oable of the movements of cotton atAlexandria, Egypt. The following are the receipts andshipments for the past week and for the correspondingweek of the previous two years.

Alexandria, Egypt,August 15. 1899-1900. 1898-1899. 1897-1898.

Receipts (cantars*) . .

.

This week. .......... 1.0006,435,000 5,586",000

2 0006,516,000

Thisweek.

SinceSept. 1.

Thisweek.

SinceSept. 1.

Thisweek.

SinceSept. 1.

Exports (bales)—To Liverpool....

3,000400.000421,000

5,0007,000

340,000384,000

1,0004,000

347,000479,000

Total Europe 3,000 821,000 12,000 724,000 5,000 826,000A oautar Is 98 pounds

t Of whloh to America In 1899-1900, 70,147 bales; In 1898-99.51,105 bales; In 1897-98, 53.288 bales.

Manchester Market.— Oar report received by cableto-night from Manchester states that the market continuesquiet for both yarns and shirtings. Stocks of both yarnsand goods are accumulating. We give tbe prices for to-daybelow and leave those for previous weeks of this and lastyear for comparison.

J'yl3" 20«' 27

Aug. 3•' 10« 17

1909.

32* Cop.Twist.

d. d.8»16®816U3k ®98k 998 «8 788k »8788 »8 78

8«4 lbs. Shirt-ings, common

to finest.

s. d. s. d.5 4k»7 94k»7 94 *7 83 «7 7i*

4 97 93>«©7 9

Oott'nMid.Uplds

d.52932527326\57,„5 1M325l«S2

1899.

32s Cop.Twist.

8k lbs. Shirtings, common

to finest.

d. d.6i3,6-6U ia5X3,8-611,

f

513 i6-«xi I65X3,8-611,8

5'e ®6ifcft 78 »6*i

d. B.

3«a»73k»73k»74 974k®74k®7

dIkIkIk222

Oott'nMid.Vpldi

d.

l>338338338

|i633

3'l8

European cotton Consumption to Augustcable to-day we ha\e Mr. Ellison's cotton figuresdown to August 1. We give also revised totalsyear that comparison may be made. The spinnersin actual bales and pounds have been as follows:

1. — Bybroughtfor last

takings

October 1 to Aug. 1. Qreat Britain Continent. Total.

For 1899-1900.Takings by spinners... bales

Average weight of bales, lbs

2,959,000

5051,494,295,000

4,061,000

4901,989,890,000

7,020,000496-3

3,434,185,000

For 1898-99.Takings by spinners. . .bales

Average weight of bales,lbs

2,994,000

5141,539,260,000

4,358,000

4842,109.693,000

7,352,000496-3

3.648.953,000

According to the aoove, the average weight of the deliveriesin Qreat Britain is 505 pounds per bale this season, against

514 pounds during the same time last season. The Continentaldeliveries average 490 pounds, against 181 pounds last year,and for the whole of Europe the deliveries average 496*3pounds per bale, against 496*3 pounds last season. Ourlispatch also gives the full movement for this year and lastyear in bales of 500 pounds.

Oct. 1 to Aug. 1.

Bales of 500 lbs. each,

000s omitted.

Spinners' stock Oct 1

Takings in October

Total supply...Oonsump. Oct., 4 wks.

Spinners' stock Nov. 1

Takings in November.

Total supplyConsump. Nov., 4 wks.

Spinners' stock Dec. 1

Takings in December.

Total supplyOonsump. Dec, 5 wks.

Spinners' stock Jan. 1

Takings in January..

Total supply

Consump. Jan., 4 wks.

Spinners' stock Feb. 1

Takings in February.

Total supplyConsump. Feb., 4 wks.

1899-1900.

Qreat

Britain

63,

258,

321,

272,

49,

331,

380,

272,

108,

404,

Conti-

nent.

525,

316,

841.

364,

Total.

588,

574,

1,162

636

477,

339,

816,

364,

512,

340,

Spinners' stock Mch.lTakings in March

Total supply

Consump. Mar., 5 wkB

Spinners' stock Apr. 1

Takin gs in April

Total supplyConsump. Apr.,4 wks.

Spinners' stock May 1

Takings in May

172,

356,

528,

272,

256,

323,

579,

272,

307,

334,

691,

340,

351,

278,

629,

272,

Total supply

Consump. May, 5 wks

Spinners' stock June 1

Takings in June

357,

258,

452,

462,

914,

455,

459,

489,

948.

348,

600,

373,

522,

670,

1,196,

636,

560.

866,

1,426,

795,

631,

845

1,476,

620,

973,

348,

856,

696,

625,

494,

1,119,

435,

684,

370,

1,054,

348,

615,

340,

Total supply

Jonsump. June, 4 wks

Spinners' stock July 1

Takings in July

Total supply

Consump. July, 4 wks

SpiDners' stock Aug. 1

275,

203,

478,

272,

206,

194,

400,

232.

168.

706,

452,

1,158,

435,

723,

377,

1.100,

348,

752,

308,

1,060,

348,

712.

1,552,

620,

932,

878,

1,810,

775,

1,035,

648,

1,683.

620.

1,063,

710,

1,773,

775,

993,

580,

Qreat

Britain.

1898-1899.

56,

273,

329,

276,

Conti-

nent.

441,

238,

679,

364,

53,

325,

378,

276,

102,

442,

544.

345,

199.

334,

315,

373,

688,

364.

324,

600,

533.

276,

257,

315,

572,

276,

296,

333,

629,

345,

284,

240,

524,

276,

1,578.

620,

958,

502,

1,460,

580,

880.

248.

319,

924,

455,

469.

466,

Total.

1,066,

640,

A26,

1,042,

1,468,

800,

935,

372,

563,

454.

1,017,

372,

645,

555,

1,200,

465,

735,

410,

1,145,

368,

567,

345,

222,

273,

495,

276,

219,

224,

443,

276,

1677

777,

406,

1,183,

460,

723,

406,

668,

800,

1,468,

648,

820,

769,

1,589,

648,

941,

888,

1,829,

810,

1,019,

650,

1,669,

644,

1,025,

725,

1,750,

805,

1.129,

368,

761,

311.

1,072,

368.

704.

945,

679,

1.515,

644,

871.

The comparison with last year is made more striking bybringing together the above totals and adding the averageweekly consumption up to this time for the two years.

Oct. 1 to Aug. 1.

Bales of 500 lbs. each,

000s omitted.

1899-1900.

Qreat

Britain

Spinners' stook Oct.l

Takings to Aug. 1....

SupplyConsumpt'n.43 weeks

Spinners' stock Aug.l

Weekly Consumption00s omitted.

In OctoberIn NovemberIn DecemberIn January .........

In February r:

In MarchIn April

In MayIn JuneIn July

63,

2,989,

3,052,

2,884,

168

Conti-

nent.

5253,980,

4.505,

3,793,

7127

68,0 91,068,0 91,068.0 91,068,0 87,0680 87,068,0 87,0

68,0 87,068,0 87,068,0 87,068.0 87,0

Total.

588,

6,969,

7,557

6,677,

880

159,0

159,0159,0

155,0

155,0

155,0

155,0

155,0

155,0155.0

1898-1899.

Qreat

Britain

563,078

3,134

2,967,

167,

69,0

6969,0

69,0

69,0

69069,0

69,0

69,0

69.0

Oonli

nent.

441.

4,219

4,680,

3,956.

701,

91,0

91,0

91,0

93,0

93093,0

92,0

92,0

92,0

92.0

Total

7,297,

7,794,

6,923,

877,

160,0

160,0

160,0

162.0

162.0

162,0

161,0

161.0

161,0

161.0

* The average weekly consumption Is as Riven by Mr. Ellison, de-

duction from month's total of 40.000 bales, or 10,000 bales per week,being made for stoppage of spindles.

The foregoing shows that the weekly consumption is now155,000 bales of 500 pounds each, against 161,000 bales of

like weights at the corresponding time last year. The total

spinners' stocks in Great Britain and on the Continent have

decreased 78,000 bales during the month, and are now 9,000

bales more than at the same date last season.

August 18, 1900.] THE CHRONICLE. 36 1

Weather Record for July.—Below we give the ther-mometer and rainfall record for the month of July andprevious months of this year and the two preceding years.JThe figures are from the records of the Weather Bureau,jxcept at points where they have no station; at those pointsbhey are from records kept by our own agents.

Thermometer

VIRGINIA.Norfolk.—Highest...Lowest ...

Average...

S. CAR'LA.Wilmington-Highest. .

Lowest

—

Average...Weldon. -Highest...Lowest...Average...

Vharlotte—Highest...Lowest....Average...

Raleigh—Highest....Lowest ...

Average...Morganton -

Highest...Lowest ...

Average...

B.CAROL'ACharleston.—Highest...Lowest

—

Average...Sta'eburg.—Highest....Lowest ...

Average..Columbia—Highest.,..Lowest...Average .

.

RoUand —Highest....Lowest ...

Average...Greenwood—Highest.LowestAverage...

GEORGIA.Augusta.—Highest...Lowest—Average..

Atlanta.—Highest...Lowest—Average...

Savannah.—Highest..LowestAverage...

FLORIDA..Jacksonville.Highest...Lowest ....

Average...lumpa.—Highest.

.

Lowest .

.

Average..Jupiter—Highest...Lo vest . .

.

Average .

lallahassee—Highest...Lowest ...

Average...

ALABAMAMontgom'u —Highest...Lowest ...

Average...MobiU.-Highest...Lowest....Average...

Newton—Highest...Lowest....Average. .

BirminghamHighest...Lowest....Average...

Florence—Highest...Lowest...Average-..

LOUIS'NAN. OrUant —Highest...Lowest ...

Average...Shreveport.-Hlghest...

• Lowest ....

Average...Gr'd Coteau-Hlghest....Lowest ...

Average...Liberty fliU-

Highest....LowestAverage

MIS-JISS'PI.Columbus.—HighestLowest .

.

Average..

I Vicktburg—Highest...jowest ...

Average..Ltland—Highest....Lowest ...

Average .

.

•irnokhaven—Highest....LowestAverage .

.

April.

1000. 1899.

88085-056\>

86-03J-068-0

84-084-0620

8533-0

5*0

800

56-3

85-0800S5-2

83-030"0aoo

88081-057-0

86-030-05*2

87-031-056-3

73-030-052*2

73028-054-5

86-039-008-0

85-038063-0

8*032-0

644

87-0S2'0612

89'031063-6

86-n32-080-8

85-0

2f05*4

83*028-057'7

87-0

2*059-0

8C-080065-0

88-033-061-4

85-034-061'6

83-03T063-0

S6-040-067-0

87-042-069-0

88-045070

87054-0

72 4

85-038-067-2

85-038-dero

86-0

39-u66-0

84-0

31062-0

83-086-066-0

84-08i -

o620

81'f47-069-0

88-086-068-0

89040-0

63

«9-0

320Bl-t

86-038-

(

63

87-042087

88-033*081

84-035-0596

86-03*0834

85-041-0

680

81-046-(>

6*0

88-048-0

7T0

90-038-0

660

84-039-063-8

84-089-064-0

89-032-061-4

89-084-063-u

89-03i-080- i

86-045-087-0

90*040-068-8

92038-081-0

90-032 <

62

89-042-0

63 9

»0-035-0

6o-c

98-i

33-0H4-«

May.

88-031-054*0

81-C35-f

59-0

87-1

31-065-0

82-03*0557

86-C30-C56

74-C27-i'

499

82-t43-1

630

85-034-069-5

85-133-1

580

81-026-0

53-b

81-0

3i-056-6

84-(j

35*0

590

80-03258-5

86-C42-1

83-6

86-042i670

88-048-089-0

87-061-1

720

88-0*8-085-0

86-(

34-C86*0

82-040*1)

62-0

86-C82-161-0

83-088-059-0

83-029-067-0

82-t43-0

651

84-0

37-C63-1

83-041-084-4

89031-1

60l

86130C62-0

83047-082-0

7530-t

f7-9

87-031-.

624

1900 ,1899. !Sto8

94-04067-0

87-052070-0

90-044*0

66-a

91044089-0

93-048-069-0

84048-063-3

88-059074-0

90-05u-072-0

91-047-076-0

88043-067-0

93-047-0700

83-043-0710

8*045-0fc9

-8

87-067-073-0

90-059-0750

89-06176-0

88-061-076-7

88065-0742

89-062-073'0

89-058-074-0

87-060-070-0

9046730

89-04209-1.1

89-0

700

93-056073-0

92064-0

74

95-046-071-0

90043-U680

92-050-070-0

89*046067 5

92-047-071-0

92-045-069-3

84-047-068-7

98-0P8-075-0

9*0ol'O76-3

99-C60-075-6

93-045-070 6

97-049-073-0

96052-075-5

91-064-074-0

88-04f071-0

90063-072-8

85-045-072-8

92-043-066-0

96-044-072-0

92-041-063*7

95-042-072-0

91-04170-0

83-C47-0

665

98-060075-0

101-044-075-8

101-344-374-9

98-0380598

102-041-0

752

99-044-074-9

84-036-0

721

970 100-8680 47'

76-4 76-0

96-061-0

7*3

91-064-078-0

92-065-078-0

94-068-077*4

94-065-078*0

pro60-077-0

93062-076-0

94-066-077-0

91054076-0

90065-079-0

93-061-077-0

96-06107*7

100069-079-0

94-05f0790

91-061-076-8

97060-073-3

101068-080*4

June.

1900. 1899. 1998.

97-053-077-0

93-058-077-0

91-05376-0

96-048-076-9

96-C43-076-0

92-046-0

75-U

95-041*073-0

93040074-1

90-0

4*078-0

98-053'076-0

94-046*075-0

90*048-i

74-8

98-042-0

7*0

98-064-076-0

91-050-74-5

88046-0719

98*042-075*2

93-066-075-0

91-057-0750

93064-07*1

92-057-074'8

94-057-076

84-060-0

708

92-066-0

730

92-060-077-5

95059-0776

87'067-0720

92-0OPO76-0

93-061-0

772

91-058-<J74-1

94-066-0

7*4

94*067-0

800

93067-080-0

87-070-079-8

91-087-073-1

S2-065-077-0

92-069-0

780

90*(

62-074-0

95-064-078-0

93-062076-0

92068-080t

97066-080-0

96-068*080-0

toro64-083-0

91-06f077'0

94*063-U77*3

99-0

<U078-0

95057-0770

9605576-4

99-065-078'0

98-067-077-0

85054-0

6*8

98060080-0

99-065-077-5

103065-081-0

97-053-077-0

105-05580-0

99-056-080-8

97-068795

99-058-0804

96-(

56-(74-0

94 C58-0

77

100-065074'3

97*0

6S-(77*0

97(56 <

7«-(

88-068-071-1

94067-080-0

100-C60-C80-5

99-061-80"4

98-C6607d"0

103-060083-0

97184-

806

95065-0

792

976680-4

97-0 960600 64-i

8*0 8K93065-080-0

90-0690800

95-062080-3

101-0690820

99-061-079-0

98-085-078-0

100-056-0

800

100054-080-0

94-0

6880-0

95'061-080-0

95 (

64-'

81-0

89-'

67079

966b"<80-6

98-067-082-0

93070080-1

95-f

61-079-0

9S063-C81-0

95*061-060-0

July.

1900. 1899 1 1898

105-0K5-081-0

98-07iJ'0

81'S

100-060-0857

98-060790

10V062-080-9

93-068-077-5

9707308*0

10106982-4

99065082-2

9»'062-0

758

101-08*ubl-0

97-068-081-8

99-070-082-1

97-0P882-0

P5-071-083-0

91-071-0810

92-068-077-S

91-066-081-0

91-0

7008f0

91-0

O3-076-0

94-0680800

93-062-ti

790

9V0 96-0240 64-0790 790

91-(70-081-0

95-1

67-C8*i

97-0 95-060-0 68-079-0 7*2

103-056-079-0

100-064*0850

98-1

64 *(

81-0

98-064184-0

95-0 93060-Oi 68-79-2 795

90-0 91-064-0 56-074-8

1

76-7i

99-0 104061-Oj 56-07»-8| Hl'2

90-(

ei(77-2.

io°-q620HVA

92-071-081-2

95-068081-0

93069079'4

100-068084-0

95-064-084-0

93-061078-0

96-053-077-8

100-058-079-0

95058-0

78

8*065075-6

96-070-0810

101-061-081-0

10V081-0820

99-051-n77-8

10*057-078-0

10O-O61-081-0

97-062-079-0

9*065-081-3

9*067-081*0

94-068-080-0

91071-081-0

98-068-0826

8806*-0

81

98-06*081-0

100-059-0

79 4

99-062-080'9

100-059-081-0

93-0098*0

101-062830

103068-0

86

05-063-0790

95-060-078-5

97-05807*4

98-061-080-0

88-057-072-8

98-086081-0

93-059-080-6

98057080-4

95-058-0

78

102-069-080 8

97-057-080-6

96-05B-478-0

99063-081-2

93-067-0820

95-068-0

810

91-06"-0

810

95-0K380-

J

100-061810

97086-081-0

95069077-0

94-060-081-0

99-063-080-0

9707081*5

9*065-082-0

98-0

67081'3

103-0 UO3-08*0 1

62-0

340 81*0

100 103-078-0 88-0

8SU 1 83-0

94-08107i>M

92-0eo-o80-8

92-081-077-1

Thermometer

M188I98'PI.WaynesboroHighest...Lowest....Average...

ARKAN8'S.Little Rock.—Highest. ..

Lowest....Average...

Helena—Highest...Lowest ...

Average...Fort Smith -Highest...Lowest...Average...

Camden—Highest...Lowest....Average...

Corning—Highest...Lowest....Average...

TENNES'E.NashvUe.—Highest. .

Lowest ..

Average..Memphis.—Highest...Lowest...Average...

Ashwood.—HUhest...Lowest ...

Average...

TEXAS.Galveston.—Hi. host....Lowest...Average...

Palestine.—Highest...Lowest—Average...

Abilene.—Highest...Lowest....Average...

San Antonio.Highest...Lowest....Average...

Huntsviile.—Highest...Lowest....Average...

Longmew—Highest....Lowest ...

Average...

OKLA. T.Oklahoma—Highest....Lowest

—

Average.

April.

1900. 1899. 1898

86-031-0

646

88-033-064-0

86-036053-6

87-084-063-0

90-031-094.0

87-032-061-0

83-03O-060-0

84-038-062-8

84-026-066-0

80-047-067 2

88-038068-0

8f033-0630

86-036-068-0

85-04O-0661

90-034065-0

81-032-060-0

91-031-062-8

89-082081-0

85-083-068-3

89-030-061-0

95-031-0630

90-030*060-0

87-0290590

90-086062-0

88-030-065-0

77-044-066-6

91*037064'8

94-027-063-0

98-038-069-0

86038-084'7

98-03763-6

89-02«068-4

84-080-060-0

83-03206*0

78-032-056-6

8*034-060-0

82032-060-0

8527-057-0

80-030-054-0

84-03V068-7

79-033-055-0

84-060-067-5

83-039064-0

92-t84-064-0

93-041-0

690

83-042-064-7

88-037-083-1

83-028-n57-8

May.

1900. 1899. 1898

8951-071-0

88-086070-U

88-054-070-2

8804*069-0

9104572-0

89-040063-0

90-042-069-0

88-049-070-6

90-036-064-7

87-064-076-2

8*064-073-0

81-061-070-O

93-056-074-0

92-058074-3

94-051-073-6

88'0450«7-0

95-053076-7

90-066073-0

85-055-071-0

90-057-074-0

95-052-076-0

92-050-u71*0

90-055-072-4

90-068073-7

89-051073-0

97-042-0751

03-048073-U

87-i

45-067-4

92-048-070-0

94*44-075-0

90-043-071-0

90-0410700

89046073-2

89-0300(6-0

86-0 84*07T0 56-078*2 74-9

91-063-077-0

94-064-074-6

95-062-078-0

94-086-078-9

97-060-078-2

87-048-070 4

9048-074-0

101-04*074-0

97-050-076-0

92-046*075-3

96-041-075-1

87-0«l-rt

68 2

June.

1900. 1899. 1898

92-o63*076-9

91-064-077-0

98-066-0

770

0506«-078-0

85-062-078-0

92-064-075-0

92-061-076-0

93-065-075-7

91-058-076-0

91-068-081-8

95*066-08*0

105-0

6*08L-0

100-067-083-0

99-068-08l-7

101 -o66-083-1

98-059-078-«>

98067-078-0

92067078-0

88-054-074-4

93-059-078-0

100-062-079-0

94061076-0

88063078-6

.04-068-079-0

100065-

u

82

890710806

94-061V79-0

93-06-.-0

77-0

96-064-079-6

95-060-080-2

99-061-0818

89-061*074-9

98-560-0810

93-064-079-0

87-064-i

76-2

93-066079'U

92-06578-9

98-062-078*5

9V061-079v

92-065796

84-066-076-0

89-071-'

81-0

93064-076-0

98-061-0

7T3

95-064*080-4

06066-1

81-1

101-066-031-6

93-063076-8

July.

1900. 1899. 1898.

94-0H8-079-8

93-06*080-0

94064-080-8

93C66-0800

95065810

92-069-07*0

91-06*080-0

92-067-080-2

92-058-077-3

89-071-082-4

93-067-080*0

9*006-081-0

98-069-0

8*0

96-067Hl'S

100-069083-2

94-00907h-0

98068-080-5

94-062-0

300

94-062-088-3

95-068-080*0

09-056-0fc2-0

98-053078-0

88-060080-0

94-065-078-3

100-056-0760

91-072-0833

97-063-084-0

103-064-082-0

100-066-083-0

96-063-082-3

104-060-084*1

92-068-079-0

99066-08*3

97064-080-0

90-0590770

99060081-0

99-062-081-0

98-0ol'O78-6

98-068-079-0

95-062079-2

90-057-077-0

91-878-0824

101-062-081-0

102-082-081-3

103-066-0fc3-0

99064*081-5

104-083-083-6

97-06O-078-0

April. May. June. JulyRainfall.

19l0. 1899. 1898. 1900. 1899. 189S 1900. 1899. 1898. 1900. 1899. 1898

VIRGINIA.Norfolk.—Raiurall.in 4-43 1-96 6-69 274 1-69 512 2-58 6-67 S-7c 6-51 5-82 8-89Days rain.. 7 7 11 IS 12 13 • 8 7 8 7 18 18

N.CAROL'AWdmingt'n—Rainfall.in 1-85 4-50 8-40 332 4-12 2-51 4-59 4-93 4-59 1-08 8-06 7-03Days rain.

.

7 8 6 7 11 7 15 11 10 8 14 19Weldon. -Rainfall,in 323 2-97 3-66 2-74 2-28 6-10 2-64 3-06 5-18 3-18 10-30 5-25Days rain.. 10 6 15 9 11 14 10 6 12 9 12 18

Cliarlotte -

Rainfall.in 532 2-51 2-71 2-11 2-28 208 7-31 18-8 3-7w 3-55 5-98 4-82Da v s rain.. 10 11 10 6 9 11 23 5 12 11 11 20

Rahigh—Rainfall.in 4-09 4-01 3-05 310 4-78 7-46 8-47 4-42 3-29 5-53 885 6-48Days rain.. 10 10 11 12 10 12 16 10 10 10 18 15

Morganton.—Rainfall.in 8-00 4-60 2-65 1-60 2-33 3-45 537 4-63 3-51 2-65 4-18 6-63Days rain. 7 7 7 5 7 8 10 9 10 3 10 15

8. CAROL'

A

Charleston—Rainfall.in 342 3-65 2-48 1-38 8-31 0-84 6*29 3-29 4-08 1-59 5-11 18-99Days rain.. 16 10 3 11 8 5 21 13 10 11 16 17

Sta'eburg—Rainfall.in 6-59 2-89 5-65 2-46 115 1-12 503 6-31 3-65 2-87 1-93 6-73Days rain.. 9 9 11 6 4 5 16 8 9 18 9 16

Columbia.—Rainfall.in 5-63 2-43 4-90 3-50 0-65 1-15 6-80 2-56 8-13 4-35 6-27 12-17Days rain.. 7 6 9 5 6 5 17 9 15 18 15

Holland—Rainfall.in 8-93 2-89 6-83 2-87 8-38 0-85 15-43 4-57 1-87 3-40 4-01 7-58Days rain.. 12 9 9 3 6 7 84 9 7 11 7 14

Greenwood—Rainfall.in 7-23 1-64 4-12 1-81 1-84 1-65 8-01 1-84 4-15 1-05 2-17 4-92Days rain.. 10 6 7 S S 5 15 4 8 4 6 11

GEORGIA.Augusta.—Rainfall.in 7-59 1-70 4-96 2-01 2-08 0-52 8-26 4-57 393 3-84 3-74 6-70Days rain.. 11 7 10 8 A 4 18 6 11 10 8 13

Atlanta.—Rainfall.in 6-27 1-71 5-15 3-94 l-ai 1-3- 8-9* 1-46 0-69 6.48 10-23Days rain.. 14 9 10 7 8 11 19 6 8 15 16

Savannah.—Rainfall.in 4-99 1-71 2-46 2-85 rn 1-01 6-31 1-07 4-58 3-02 4-97 8-53Days rain.. 11 8 7 8 b 4 15 7 8 11 10 19

FLORIDA.Jacksonville •

Rainfall.in 7-34 321 2-45 2-90 1-88 1-81 8-45 4-52 2-13 3*3 9-12 12-03Days rain.. 12 5 6 9 7 6 16 7 8 11 13 24

Tampa.

-

Rainfall.in 374 3-89 0-18 8-31 0-48 087 7'88 12-26 5-9e 4-40 1553 8-29Days rain.. 10 8 6 6 4 3 22 17 18 23 21 22

Jupiter—Rainfall.in 2-18 3-11 1-90 7-43 1-65 1-15 2-90 3'45 012 3*49 3-75 6-80Days rain.. 7 7 6 15 7 6 16 12 3 15 14 11

Tallahassee -Rainfall.in 4-06 2-01 0-87 8-06 0-54 1-67 16-47 8-51 4-86 10-31 3-81 i0-00Days rain . 5 4 5 4 3 4 12 7 8 15 10 19

ALABAMA.Uontgom'y. -Rainfall.in 6' 72 2-41 4-31 2*69 1-73 o-oo 7-23 1-85 1-41 4-53 13-48 6-26Days rain.. 10 9 6 4 4 4 19 8 8 14 10 17

Mobile.— •

Rainfall.in 7-17 1-02 2-81 10-14 1-00 0-81 26-67 5-77 4-8H 4-38 9-80 6-60IJavs rain.. 12 9 6 9 3 1 22 fl

112 1 15 14 14

352 THE CHKONLCLE. |Volu LXM

Rainfall.April.

1900. 1899. 1898

ALABAMA.Newton -

Rainfall, tnDays rain..

Birmingham,Rainfall.lnDays rain.

Florence—Rainfall.lnDaye rain..

LOUI8'ANANew Orleans-Ralnfall,lnDays rain

Shreveport.—Hat u fall, InDays rain..

Ord. Cotean-Rainfall.lnDays rain..

LibertyHill -

RainJall.lnDays rain..

MISSIfi'PI.Columbus.—Rainfall.lnDays rain..

Vicksburu.-

Rainfall.lnDays rain..

Leland-Rainfall InDays rain

.

Brookhaven—Rainfall.lnDays rain

WaynesboroRainfall.lnDays rain..

ARK'NSA8.Little Rock. -

Rainfall.lnDays rain..

BeUna—Rainfall.lnDays rain..

Fort jimt h—Rainfall.lnDays rain

Camden—Rainfall.lnDays rain..

Corning-Rainfall.inDays rain.,

TENNES'B.Nashville. -Rainfall.lnDays rain..

Memphis —Rainfall.lnDays rain..

AshwoodRainfall.lnDays rain..

TEXAS.Qalreston.—Rainfall.lnDays rain

Pales ine -

Rainfall.lnDays rain

Abilene.—Rainfall.lnDays rain.

San antonio.Rainfall.lnDays rain

Buntsvtlle.-Ralufall.lnDays rain.

Longview—Rainfall.lnDays rain..

OKLA. T...Oklahoma -Rainfall.lnDays rain .

64<a

18-0612

9-39ltf

108910

4-77

18

7-22

8

8'6410

10-329

9 6012

8-9710

9-886

8'61

12

2*5912

3-9915

6-367

8-6211

4-04

11

6-31

14

59214

466IS

7-0013

5-4312

91112

6-30

8

6-607

3-3514

4-59e

4-699

1-89

7

1-56

6

8-dl

2-134

1-79

7

1-88

8

1886

V304

1-95

3

3-24

10

2*19

e

3-2811

2*604

2-61

7

32510

1-3810

3-62

10

3-80

7

2-81

7

3-887

2-60

8

2-234

6-69

8

4-8111

May.

1900.11899. 1898

1-60

6

4-71

s-ie8

2806

2'2t-

»

2-86

4408

3-8f

7

2-S8

11

2-66

3

3-664

8-725

2 78|

10

3-99

13

2 7316

1-963

85214

31611

2-30

9

3-67

7

8045

1-48

6

1-78

4

1-46

7

5*fO5

1'24

6

0-956

4-932

2-29

4

6-72

8

2917

8-46

5

4-29

6

2978

2-605

3 457

8-055

3 234

4-11

9

3-87

8

3-9216

4-89

11

1-86

7

3-23

3-81

9

4-537

4*6310

4'1110

4478

fl-69

7

6-9813

8-8410

•saa

0-26

2

8-23 0-116 4

1-394

0141

2-61

6

725

0964

4566

1-04

3

2-71

8

0-65

1

1004

6-66

8

3-95

7

83817

9-60

7

3-92

14

3-36

10

5-1810

8-2610

tT

4-81

6

4'Oi13

3-22a

1*203

6-876

96313

June.

1900. 1899. 189H

2-22

6

0-922

1-24

8

1-582

2'79

5

1-16

4

1-83

7

3616

0*953

0-86

7-629

5886

7-4811

3-754

7*21

13

1-80

8

4-39

8

a-369

1-68

3

8-245

2*80

8

1*06

5-65

3

7-78

19

12-0918

13-8721

5-!0

19

8-8011

4-50

12

8399

15-59*6

il-3317

8-9014

7*5311

17-28IB

5-6J18

95315

6-9310

7-8511

6-5616

103619

11-4616

11-6722

5-51

9

2-569

0-30a

0-796

3-22

6

8-2713

9938

368

2F910

1-867

7.^013

1-13

9

31816

3 347

4.087

66111

2316

4-9-

16

2-46

6

1-00

7

1-80

7

5-51

9

1-805

3-796

0-764

2-666

3-4H9

4-3510

2-01

7

3-79

11

7-2t

16

13-06

19

4-5C

18

3-32

12

6-1'

20

4-2613

4-2611

a-8510

8-03

12

8-U9

5-6

1

17

4-08

11

33311

49711

3-7311

Jul |r.

1900. 1899.11898'

1-74 2.716 8

0-746

4-81

6

8-6611

5*46

7

4328

9*42

9

4'8t)

10

4-919

1-9*

13

3-50

8

6-1115

7-F816

4-4811

60S18

5-8614

93118

8-1220

6'21

8

6-21

8

5059

3*77

16

3*60

9

1-23

6

8*53

8

3-569

2-87

9

5-7011

7 6114

3-86

10

5-46

12

0-9819

1-0612

3-45

9

5-54

10

10566

4-90

9

7-8412

6 8010

5-14

9

1-607

8*36

8

6-1410

2-66 6-8e8 9

4-7616

18 7411

2-85

14

4 65 3 6914 7

7-0

14

6-82It

6-21

13

1-75

9

2-24

7

7-1212

3-1314

6169

2-58

7

6-02

6

4529

1-38

4

2-859

3-27

4

1-81

4

6-1713

5-1517

5-7714

6-5213

4-579

1-486

7-3912

3-21Id

6-0314

5-P020

S*897

6-9413

2-607

1-6811

2-31

9

3-698

6*44

14

4-6010

4-3813

5-5516

3-8215

3'2910

1*46

7

2-21

8

3-2610

1-17

9

4-067

t Traoo.

Sea Island Cotton Movement,—We have received th *

(Friday) evening by telegraph from the various ports thedetails of the Sea Island cotton movement for the week. Thereceipts for the week ending to-night (Aug. 1?) and sinceSept. 1, 1899, the stocks to-night, and the same items for thecorresponding periods of 1898, are as follows.

1899-1900. 1898-1899. Slock.

Receipts to Aug. 17. Thisweek.

SinceSept. 1.

Thisweek.

SinceSept. 1. 1900. 1899.

SavannahCharleston, &cFlorida, Ac

....

72.2537,743

17,101

3 53,5905,6428,161

1,89240310

75255

Total ... 97,097 3 67,393 2,305 336

North Carolina.—Intense beat and severe drought, a large portionof State practically without rain for fifteen days; cotton failing rapid-ly, leaves yellow, shedding Increased, bolls drying before maturityand opening prematurely.South Carolina.—Exoesslve heat, no rain and drying winds caused

cotton to open prematurely, increased rust and shedding and checkedgrowth ; first bale on 6th.Georgia.—Intensely hot week, with practloally no rainfall ; aU

crops need moisture badly; prospects of fair cotton yield materiallyessened, except possibly in northern portion ; picking progressing inseveral oounties and small lots marketed.Florida.—No material change in cotton, high temperatures being

favorable for rapid opening, and picking is more active.Alabama.—Hot and dry, except a few locally heavy and damaging

rain storms; cotton improving, though shedding increasing; it isopening rapidly; picking started ; several "first" bales marketed.Mississippi.—Dry, hot weefe; rain needed in some seotions; ootton

two to three weeks late, but growiDg rapidly and fruiting nicely ex-cept in a few localities, where it is shedding badly and is in need ofrain.Louisiana.—Showers less frequent: general conditions Inmroved;

cotton slightly improved, but still suffers from excess of moisture,lack of cultivation, and, in places, rust, boll worms or caterpillars.Texas —Favorable weather in northwestern portion, showery in

southeast; very unfavorable; cotton generally doing well in north-west portion, elsewhere crop needs dry weath«r, plant growing toorank, not fruiting well except in scattered localities, rust and insectsdamaging crop in many places, some bolls rotting in south portion,early cotton opening in southwest portion, but picking will not be-come general for two or three weeks.Arkans « s.—Light looal sHo wers, rain badly needed in most seotions;

cotton beginning to wilt and shed rapidly.Tennes.-»ek.—Continued warm, dry weather ; early ootton develop-

ing well ; cotton shedding.Missouri.—Another hot, dry week, with light scattered showers at

close ; ootton doing well.Oklahoma and Indian Territory.—Cotton boiling and early bolls

opening; orop in fine condition, but needing rain.

These reports on cotton are summarized by the Departmentas follows :

Over portions of the central belt ootton has Improved slightly, al-

though rust and shedding are generally reported and the crop needsrain in portions of Mississippi, while suffering from exoessive moist-ure and lack of cultivation in parts of Louisiana. In the Carolina*,Georgia and Arkansas the condition of co ton has deteriorated ma-terially, premature opening being extensively reported from the Caro-llnas. In Northern Texas ootton has made favorable progress, butelsewhere in that State it needs dry weather and is making too rankgrowth. Some picking ln,e been done over the southeastern portion ofthe ootton belt, and while ootron is opening in Southwestern Texas,picking will not be general in that State for two or three weeks.

Averages of Temperature.—As of interest in connectionwith our monthly weather record, we have prepared the

subjoined table, which shows the State averages of ther-

mometer, for April, May, June and July for six years,

1895 to 1900.

Exportsfrom—

Week Ending Aug. V

GreatBrit'n.

Savannah..Charl't'n.&cFlorida, &o.New York..BostonBalt.,&0

—

Total

Total 1898-9 200

Fr'ncedie.

Total.OreatBril'n.

Since Sept. 1, 1899.

33,1773,111

2,100

38,388

200126,445

Fr'ncedie.

3,257

i',516

Total.

7,773

9,005

tforth'n Mills.

Week.

36,431 4783.11?

6*61*4 "".".".

46,161 478

35,450< 10

SinceSept.l.

0,6411,346

lb,994

48,981

39,281

Government Weekly Cotton Report.—Mr. James Berry,

Chief of the Climate and Crop Division of the U. S. WeatherBureau, made public on Tuesday the following telegraphic

reports on the crop in the Southern States for the week end-

ing Aug. 18:

ThermometerAverages.

April.

4

N. CAB'LINA19001899 (full).

.

li«98(full)..1897 (good)1896 (good

)

1895 (full).

8, CAB'LINA19001899 (full)..

1898 (full)1897 (good)}S06 (good)1895 (full)..

Georgia.190').... .

1899 (full)..

1898' full).1897 (good18^6 good)1895 (full)..

Florida.1900....1899 (full)..

1898 (full).

1897 (good1898 ;good1895 (full)..

Alabama.19001899 (full)..

1898 (full.)1897 (good1896 (good)1895 (full).

Louisiana1H00....1899 (full)..

1898 (full).1897 (good)1896 (good)1895 (full).

MI88I88IPP19001899 (full).

1898 (fall).1897 (good)1898 (good1895 (full).

ARKANSAS.19011 ,

1899 (full .

1898 (fu I).

1897 (good)1898 (gooi)1895 (full),

TENNESSEE.19001899 (full)..

1898 (full).1897 (good)1896 (good)1895 (full)..

Texas.19001899 (full)..

I8n8(full)18«7 (good

I

1896 (good)18V5 (full)

81883'282-'

84'290481-12

86-6

8683-»

8V898-0

838

86-08608.8 385-790- i

81

1

88-8868738V288>83-0

85487-084085688"2

83'b

87-38808f58V087-688-4

85-59188087-u8-"-6

83-2

87-Ci

8*682-28««88889-4

837t8881088-78« -380-0

85-6890870S7(.

8V878

31230630-631-83234-8

80-83*084039887-t-

S6'e

34-335-736-s41-7890894

44'

8

48- •

44-847 64e-2490

33835234-ti

88 238-6400

38-840-388-0

452413426

36*034-63V639088-788-8

83 231881-488-032 4856

81-331-732-7

40339-88.V0

88-036 b40-84 3

401897

May.

i

67-956-35505S-562-

67-9

625695682625ftrt-6

61-6

83fcer5983 1

67663 6

69-e67b68-3

69 1

70>67)

84-6

62«0»-63 66968-t?

6626bb3 1

68468*66-2

6f]63 d

6083'7

68 2

63 9

61-160-7

68-f>

6 )-4

6862r

596816660H6*264-*

est.85S6568b891668

5

3

89-089-Wl-485-<-

93-c94-8

90-096-S99-92-Kw7093-i

87-7

94797-991-7

93 89 l*o

88-fc93-894*3

9J-59l-a89-b

88-602'94-

•

89-893891-5

92-'

94'89V889^96488-o

8-0954P4-i

89>96292-0

88-8y 1-4

91'289294091-8

89-389-8

898S7-H92998-5

91092 793-890495-7902

45-647043243-):

48 241-8

49"26 c643*54686243-4

j

60-(

64-743-246"!676«9-4

69861-552-858-1

5-V6673

49".

55*4

4064568'646-8

64-661-047-36l\J60-f60-0

48-»67o46--

49 668-243 b

44-0B4-046-646-f61-8426

48-864-o42'348-05»-748-9

54'863-646961-859-0604

June.

87-668-968-668-274-864'8

71-873-»78-)

69677469*4

71-376374570-577-1

700

75-577 978773-677-174-8

71-876-674-D69-e76*470-5

73-778*474 971-677*071-1

71-977374569576-3697

68-873*o71-367 676-8

679

68-178-3n9'4671'.8 265-8

73577574H73-877-9727

90*894689-794 891-497-4

71-6100-498-S98896-099-0

92-798-898')999?-898*1

91-893b94-

9>-b93394-b

92-499695-8100-094-296-4

98-597-1

9f899-397>943

93 297 6949978966972

91 6fS492-6os-o97-095-0

98-097-898798-093-6971

98-5U4\194*8i.o-o99-09C4

67-055-668-768-85764-0

6065b660>5945b*057-6

61-756 •'

86-060969'69-3

67-864064'568064-5633

64459-664-J

6)069-6616

66-56. -3

6 -j

61-060 6644

61050-66f358-556-0

6i>-8

61056-661861-4

64468*2

60-76678u-765-U66-8689

6tV868-26605816706 re

74474-874 77*073-

762

7f-279-180-

79 67.AJ76-4

7688127988J-7H079-1

79-5

80180-4

8107l-i79-6

7«-679»80 481677-4

79

80-879-5

8J-879-879->-

794

78-S80080-4

80478-7

78-b

77-077-178-1

77 67T477-0

75-079-7

7;-977 4

77 177-1

8167V7HO 4

80>81-S79-h

July.

<

J

97-693 694 2960W66946

98-4

101297-8

l'K) 697t93 8

98*09v397-81«0999i'4

93-894'391-89i»94893-8

93-?98--88*099 299"

930

950l',0 599-0

98 6100-6

97-a

94098-;

97'loo-;1(8'!

970

934wv696299"

1 2-rt

64059-u59-2

b5262-b00-4

80260-0

eo'O62-e64063-»

88068 7

59-5

09764-s66-7

69 663-5

8868088-06;-7

e*-86<-eei-p80462o068

69065068066866B08\)

6-*064-704-661-862-765-1/

04-8

5959-257 -D

69 t)

9J-8 62-~

92-797*0-V7

9909 7 SH48

9.'-

988lOO-o1081994

POSriosrt4-3

64es-3

88*0e*T<u>081)e9 1

07

8f>-9

77-677-778-7

781780

80-980-0

-.9-B

80-281*0

79-a

89-080-4

79982-780-381-3

80-6

bll810816»0-8

W$

78-4

80-Bto-o81-681-8

efl-0

Sl-494-0

8l-«

IHgro81-5

79-M81-7

SO'"8898*'t>

806

80-081-7

79.'81-*

I

78-8

T»87617»4Sl-8H>"7«0

ss-«

86-1

mf^The words "full" and "good" rollowlug

mean simply (hat the ag^re^ate orop for tuegv>od.

the years given t>bo\t

year named was full or

August 18, 1900. J THE CHRONICLE. 353

Rainfall Average'.

N'RTH CAROLINA.180018Wlfull)UHW(full).1897 (good)1896 (good)1895 (full)

South Carolina.19001899 (full.1

1898 (full)

1897 (good)1896 (good)1898 (full)

Georgia.19001899 (full).

1898 (full).1897 (good)1896 (good)1896{full)

Florida.19001899 (full)1898 (full)1897 (good) .

1896 (good)1895 (full)

Alabama.19001898 (full)1898 (full)1897 (good)1886 (good)1895 (full)

Louisiana.19001889 (full)1898 (full;1897 (good)1896 (good)1895 (full)

Mississippi.19001899 (full)1898 (full)1897 (good)1896 (good)1895 (full)

ARKANSAS.1900.1899 (full)1898 (full)1897 (good)1896 (good)1895 (full)

Tbnnesskk.19001889 (full)1898 (full)1897 (good)1898 (good)1895 (full)

Texas.190J1889 (full)1898 (full)1897 (good)1886 (good)1885 (full)

April.

Rain-fall.

4513722-878-7 61-616-«6

6-372-704-683-691-43

5 93

6-281-714-194051-60

5 12

4' 322931-346 901-064*41

8352-9,5

3-286133'483Si8

7-832 233-073344-451-65

9-69V753-3d2443-462i3

4012-782-994-623-661-90

5-092-733-046-818-422-64

6-513-132-601-981-971-5*

Day*rain.

98109

16

11999611

12891079

8

103

10

1187

1063

1057743

96

74

113111178

1310918109

11767

fl

May.

Rain-fall.

2-558-104-322685-V-4

3-96

2-3«2-071021-592-30602

2*631.46096l'»32-»l3-42

3-0S1-131 223-212233-S8

5151-730-782-402 1fc-73

3-411-101-412-122-72693

3001-991*581-572-293-09

4'070- 86-372-ul3143*19

2-903-772-852*113280-93

6-073192*644-222-01B-Sl

Day*rain.

8101081311

4

910

8754

1012

854

813

64347

11

64456

11

6344

8

11118

811

81088107

95494

11

June.

Rain-fall.

6-683-768-793-596 70314

8-813-718-'26

4794723-bO

7-842'322743-193804-81

8-9363

3275 361048641

13-583-143222-614-905-90

0-203-«67104 904-638 03

12-148-865*152236-12609

7M02-782713-37217340

11-161-728-482-022-351-73

2-6022

6-312361-78537

Daytrain

15310131010

189912138

17

8131710

18119131710

207971212

1311109910

109144912

14799814

195109

107

7912

511

July.

Rain-fall.

Daytrain.

320 87-47 18604 17400 146 97 16646 11

2-65a-;o

6'9811895-02

2435 948-4 86-317-81503

6-517-059i86-488^3873

5-4710046-tO6-007-694-31

7-342-734-292572-775-70

6-060-876-895*352-04

8 90

8144908-342372-000-98

3-394904-784055097-00

6-113-31

2341-253-202-55

11101513119

101116121012

181419131719

U121691012

181312109

12

98148411

10910

15

11916121810

1161048a

HF* The words "fall "and "good," above mean that the aggregateerop for the year was full or good.

Jute Butts, Bagging, Etc.—The demand for jute bagginghas been quiet during the week under review at unchangedprices, viz : 73£c. for \% lbs. and 8c. tor 2 lbs., standard

grades. Carload lots of standard brands are quoted at 8@8V4C, f. 0. b., according to quality. Jute butts continue dull

and nominal at l%c. for paper quality and %%c. for bagging

quality, new crop.

Norfolk's Fibst Bale.—The first bale of new cotton at

Norfolk, Va., arrived Saturday, Aug. 11, or three days earlier

than last year. The bale was classed as full style middling

and came from Marlboro County, South Carolina, to Messrs.

Enre, Gregory & Co., who also received the first bale in

1899.

New Mississippi Cotton.—Our correspondent at Helena,

Ark., telegraphs us that one bale was received at that point

to-day from Mississippi. The bale classed strict middling.

Helena's first bale in both 1899 and 1893 was also received on

August 17.

Memphis First Balk —Our correspondent at Memphis ad-

vises us that the first bale of new cotton of the crop of 1900 0L

was received at that point on August 15, or three days later

than last year atd th-ee days earlier than the average year.

The bale came from Tunica Co., Miss.

Shipping News.—As shown on a previous page, the

Szports of cotton from the United States the past week havereaohed 16,266 bales. The shipments in detail, as made upfrom mail and telegraphic returns, are as follows:

Total bait:New York—To Liverpool, per steamers Georgian, 1,203....

Taurlo, 1.278 2r\To Hull, per steamer Ontario. 100 l**"

To Manchester, per steamer Vienna, 985... >™JTo Bremen, per steamer Barbarossa, 2,994 z •»•**

To Hamburg, per steamer Laura, 275 TlTm'"To Antwerp, per steamers Aragonia, fOO British King,141 641

To Barcelona, ver steamer Montserrat, 1,266 £?nTo Genoa, per steamtr Montserrat, o50 •:;••New Orusans—To Liverpool—Aug. 14—Steamer Barbadian,

2.595 .. Aug. 17 Steamer Cuban, 70o - 3,295To Antwerp—Aug. 10—Steamer Mlddleham Castle. 54...-. 54

Pm<BACOLA—To Liverpool—Aug. 17-Steamer Nioaraguan, 297 297Norfolk—To Antwerp- Aug. 15—Steamer Rospfleld, 154 154Boston-To Liverpool—Aug. 9—8t»amer Ceetrian, 409

Aug. 11-Steamer Uitonia, 1,210 1,el%.To Hull-Au/. 11—Steamer Alecto, 300 -- , ™2

BALTiMORB—To Bremen-Aug. 13-Steamer Roland.1,455 1,455

Total. ..« 16,266

The particulars of the foregoing shipments, arranged in

oar usual form, are as follows.

0reat French Qer- ^Oth.STrope~> Mexico,Brit'n. portt. many. Worth. South, <tc. Japan.

Hew York.N. Orleans.Galveston.Pensaooia.Norfolk....Boston....Baltimore.

3.566 ».269i>i«yo •••* «...*•

297

i',919

641 1,616

"Si

"io'i

1,455

Total.9,0923,295

54297154

1,9191,455

Total.... 9.077 4,724 849 1,616 16.26&

To Japan sinoe Sept. 1 shipments have been 18,076 balesfrom New York, 5,050 bales from Baltimore, 43,240 balesfrom Galveston, 35,359 bales from New Orleans, 9,650 balesfrom Pensacola, 14,353 bales from Savannah and 172,002

bales from Pacific Coast. To Cuina, 8,132 bales from NewYork, &c.Cotton freights at New York the past week have been

as follows.

Satur. Mon. Tutt.

~25Wednet. Thurt.

25

m.Liverpool c. 25 25 25 25

35 31»fl 3H« 31i« 31ia Slifl

Bremen, Sept 6..e. 40 40 40 40 40 40Hamburg c. 35 35 35 35 35 35

33 33 33 33 33 38Rotterdam c. 35 35 35 35 35 35Reval, v.Br-Hame. 40 40 40 40 40 40Do v. Hull.-.o. .-•- • ••• .... ... - • ••• ••*

Do v. St. Pet.c. 38340 40 40 40 40 40Genoa ...e. 35 35 35 35 35 35Trieste, asked...0. 45 45 45 45 45 45

30 30 30 30 30 30Ghent.v.Antw'p . e. 36*fl 36ia 36ifl 36>s 36*3 36i*

Quotations are cents per IOO lbs. or tractions of a penny per lb.

Liverpool.—By oable from Liverpool we have the foilov sing statement of the week's sales, stocks, &c, at that port,

A.ug. 17.

Sales of the week bales

.

Of which exporters took...Of which speculators took.

Sales AmericanActual exportForwardedTotal stock—Estimated.Of which Amerioau—Est'd.

Total import of the weekOf which American

Amount afloatOf whioh American

July 27. Aug. 3 Aug. 10

19,000 19,000 17,0002,000 1,000 1,100

16,000 15,000 15,0005,000 3,000 3,000

38,000 39,000 27,000318,000 304,000 315,000227,000 215,000 221,000•27,000 28,000 42,00015,000 24,000 31,00046,000 53,000 69,00040,000 47,000 50,000

20,0001,200500

16,0004,000

S 0,000310,000218,00029,00027,00049,00037,000

* Including 3,987 bales American from Japan.

The tone of the Liverpool market for spots and futureseach day of the week ending Aug. 17 and the daily closingprices of spot ootton, have been as follows.

Spot. Sat'day. Monday. Tuesday. Wtd'day. Thursd'y Friday.

Market, \

1:45 p. u.\

Mid. Upl'ds.

Spec. Aexp

Firmer.

52I3,

2,000200

SmallInquiry.

52l32

4,000

Quiet.

5»is

3,000

Quiet.

5"sa

5,000500

Quiet.

52l,a

5,000500

Quiet.

5io32

4,000500

Futures.

Market, i

1:45 p. h.5

Market,{

4 p.m.\

Firm at7-04 O 8-04advance.

Quiet.

Steady ai1-04® 2-04

advance.

Verysteady.

Irreg. at1-04 ad-vance.

Barelysteady.

Easy at3-04 ® 4-04decline.

Quiet butsteady.

Steady ai3-04® 3-04advance.

Steady.

Steady at1 04 a 2-64decline.

Quiet.

The prices of futures at Liverpool for each day are givenbelow, Prioes are on the basis of Uplands, Low Middlingclause, unless otherwise stated.

KT The prices are given in pence and 64/A».4 63-644.. and 5 01 meant 5 l-64d.

Thut : 4 63 means

Sat.Aug. 11.

mon.Aug. 13.

Tues.Aug. 14.

Wed.Aug. 15.

Thnrs,Aug. 16.

Frl.Aug. 17.

12isP.M.

1P.M.

1:45P.M.

4P.M.

1:45P.M.

4P.M.

1:45P.M.

4P.M.

1:45P.M.

4P.M.

1:45P.M.

4P.M.

AugustAug.-Sept...8ept.-Oot....Oot.-Nov....Nov.-Deo...Deo.-JanJan.-Feb....Feb.-Moh...Mch.-April..April-May

d.5 285 114 584 474 424 384 384 354 344 34

d.5 27511

4474 424 384 374 3ft

4 3443i

d.5 285 124 594 494 444 414«94 384 364o5

d.5 295 lb4 624 524 474 434 424 414 404 39

d.5 295 175 004 544 494 464 444 434 424 41

d.5 245 124 594 494 454 424 404 394 384 37

d.5 185 074 554 454 404 374 354 344 334 33

d.5 18504 554 454 404 374 354 344 334 32

d.5 255 124 594 484 434 404 384 374 364 35

d.5 2e5 134 584 4744^4 394 374 364 354 34

d.5 235 104 564 454 401 374 344 334 324 32

d.5 255 124 534 464414 384 364 344 334 33

BREADSTUFFS.Friday, Aug. 17, 1900.

The volume of business transacted in the market for wheatflour has reached only very moderate proportions. The de-mand from jobbers has been limited, as, witb an easing ten-

dency to values for the grain, they have kept their purchasesclose to their immediate wants. To have made sales of im-portance, mills would have found it necessary to have named

354 THE CHRONICLE. [Vol. LX3*

.

lower prices; but as they have been indifferent sellers, values

have been fairly well maintained. City mills have been•quiet but steady. Rye flour has been dull and withoutchanges. Corn meal hag been firmer, with the grain, butbusiness has been quiet.

Speculation in wheat for future delivery has been quiet

and prices have gradually weakened, the absence of specu-

lative interest in the market being an important factor

against values. Foreign advices have been inclined to beeasier and weather conditions abroad have been more favora-

ble ; there also has been less activity to the export demand.Reports from the Northwest have been decidedly conflicting,

although having a tendency to be more favorable than manyexpected. On Thursday a well-known authority estimated

the yield of the present crop at 555,000,000 bushels, includ-

ing 215,000,000 bushels spring wheat and 340,000,000

bushels winter wheat, and this had its influence against

the market. The reports from the winter-wheat belt

have continued generally favorable and the movementof the winter-wheat crop to market has been on a liberal

scale. During the latter part of the week there was con-

siderable buying by recent buyers to liquidate their accounts,

and this added to the depression. Business in the spot

market has been fairly active, although exporters have beenless free buyers than noted last week; prices have weakenedwith futures. To-day there was an easier market under con-

tinued liquidation of long contracts, tame foreign advices,

full movement of the winter-wheat crop and quiet export de-

mand. The spot market was quiet and easier. Sales for

export here and at outports were 240,000 bushels.

DAILY CLOSING PRICES OF MO. 2 BED W1NTEK IN NEW YORK.Sat. Mon. Tuet. Wed. Thurt. Fri.

Cash wheat f. o. b 82H 82*6 8lk 8He 80:% 79^Sept. delivery In elev 8OI4 80*e 79% 7958 7< 78 78^Deo. delivery In elev 82^ 82*8 81?8 8is4 80 7

8 80*4March.delivery In elev 84% 845s 83% 83

DAILY CLOSING PRICKS OF NO. 2 SPRING IN CHICAGO.Sat. Mon. Tuet. Wed. Thurt. Fri.

Aug. delivery In elev 75 7478 74<% 743a 73^ 7258Sept. delivery In elev.... 75^ 75 1* 75 74% 73% 72 7

e

Oot. delivery In elev 76^8 76 75 7s 75*2 74»8 73%

Indian corn futures have been fairly active and irregular.

The near-by deliveries have been firm and prices have ad-

vanced. The statistical position of corn is decidedly strong,

with the supplies in sight rapidly decreasing. The outstand-

ing short-interest in the near months, particularly Septem-ber, is large and as the long-interest is concentrated into afew hands, many are disposed to anticipate a squeeze. Thedistant months have weakened slightly; Advices from the

corn belt reported good rains over Sunday, which were a de-

cided benefit to the growing crop, and this induced moderateselling, principally by longs to realize profits. Businessin the spot market has been active, exporters being exceptionally large buyers early in the week; prices have ad-vanced. To-day was qaiet but steady. The spot market wasmoderately active and steady; sales for export here and at

outports were 400,000 bushels.

DAILY CLOSING PRICES OF NO. 2 BOXED CORN IN NEW YORK.Mon. Tuet. Wed. Thurt. Fri.

44M 44% 4514 45=8 45%42»s 43^8 4378 44 4439% 40*8 3978 40 4«

40*8 40 40 40DAILY CLOSING PRICES OF NO. 2 MIXED CORN IN CHICAGO.

Sat. Mon. Tuet. Wed. Thurt. Fri.August delivery In elev.. 38** 3778 383g 39^ 39\ 39%Sept. delivery in elev.... 38 3738 3778 38 1* 38 7a 39^Oot. delivery in elev 37*8 36% 37 37^4 37^ 37**

Oats for future delivery at the Western market have beenquiet, but reflecting the strength in the near-by deliveriesfor corn, the undertone has held steady and prices havemade a fractional advance on buyiDg by a few shorts to covercontracts. Locally the spot market has been moderatelyactive, but prices have weakened slightly. To-day the market was easier with wheat. The local spot market was quietbut steady. Sales for export were 15,000 bushels.

DAILY CLOSING PRICES OF OATS IN NEW YORK.Sat. Mon. Tuet. Wed. Thurt. Fri.

25% 25% 26 26 2628% 28% 29 28% 28%2 MIXED OATS IN CHICAGO.Mon. Tuet. Wed. Thurt. Fri.213a 21% 215a 21 78 213s21Ba 21% 22 22 21%22 22 22% 22% 22%

quiet. Barley has been steady,

Sat.

Cash corn f. o. b 4478Sept. delivers in elev 43%Deo. delivery in elev 40 7aMay delivery in elev 41%

NO. 2 mixed in elev 26%So. 2 white in elev 29%

DAILY CLOSING PRICES OF NOSat.

August delivery in elev.. 21%Sept. delivery In elev.... 21%OoUdellvery in elev 22%Rye has been firmer but

with a limited demand for the feeding grades.Following are the closing quotations:

FLOOR.©2 5092 7092 7592 90»3 5093 90®4 75

(Wheat'nour In sacks sells at prices below those for barrels.)

GRAIN.

o. o. Corn, per bush.—82&J«84%803a»8'2%77%»7J»%78!»8»80%25%«28

Fine *2 40Superfine 2 50Extra, No. 2 2 70Extra, No. 1 2 50Clears 2 90Straights 3 60Patent, spring— 4 10

Patent, winter $4 00City mills, patent.. 4 50Ryu Hour,superfine 3 00Buckwheat flourCorn meal-Western, etc 2 45Brandywine 2 65

Wheat, per busn.—Hard Duluth, No.lN'thern Dul., No.lRed winter. No. 2.

N'thern N.Y. No.l.Oats—Mlx'd, p. bush.White 27%»34%No. 2 mixed 26 »27No. 2 white. 28%»29%

©4 109i 7093 60• ....

92 5092 60

0.Western mixed. 43^*46No. 2 mixed 4a 76«46Western yeUow 44^ 3463aWestern white 45%»470a

Rye, per bush—western 51%»56%State and Jersey 52 ©67

Barley—Western 51 »!53Feeding 39%947

Government Weekly Grain Report.—Mr. James Berry,Chief of the Climate and Crop Division of the U. S. WeatherBureau, made public on Tuesday the telegraphic reports onthe grain crops in the various States for the week endingAugust 13 as follows :

Weather.—The week has been Intensely hot from the Missouri Val-ley eastward to the Atlantic coast, including the South Atlantic States,with practically no rain over a large part of this area although heavyrains oocurred over the Missouri, upper Mississippi and Red River ofthe North valleys and Lake region The week was unseasonably cool inthe Plateau and Paolflc Coast regions except on the immediate north-ern coast, frosts occurring on the &th and 9th in Nevada. In the WestGulf States the temperature averaged below normal and very heavyrains fell, more than 18 inches being reported from Beeville, Tex.Owing to the extreme conditions of heat and dryness and excessiverains in certain districts, the week as a whole was unfavorable toagricultural interests in the districts east of the Rocky Mountains, buton the Pacific Coast it was very favorab'e.Corn —In portions of Missouri and Kansas corn, more especially

the late-planted, has been materially injured, and the orop has sus-tained damage in Nebraska, Iowa and Illinois, although In Iowa thebulk is unharmed and well advanced toward maturity, while in Illinois

a large yield is still promised. The outlook in Indiana and WesternOhio continues very promising, but In Central and Southeastern Ohioand throughout the Middle Atlantio States corn has sustained seriousinjury as a result of drought and the intense heat. In the principalstates of the corn belt the reports indicate that the bulk of the cropwill be safe from frost by September 1 to 10 and that the late crop willbe matured one to two weeks later.Spring Wheat.—Heavy rains in the prlnoipal spring-wheat States

prevented the completion of the spring wheat harvest and caused in-jury to the over-ripe standing grain, as well as to that in shock andstack.Tobacco.—In the Middle Atlantio States, including North Carolina

and Ohio and portions of Kentucky, tobacco has suffered much fromdrought and heat, but in the last-mentioned State the general con-dition of the orop Is promising. Some cutting has been done as farnorth as Maryland and Ohio.Apples.—The intense heat of the past week has not been favorable

to apples in the central valleys and Middle Atlantio States, but anabundant orop is promised in New York and N6W England.Plowing.— Very little plowing for fall seeding has bean done during

the week.

Exports op Breadstupfs, Provisions, Cotton andPktroleum.—The exports of these articles during the monthof July, and the seven months, for the past threeyears have been as follows:

Maiportt

from O. 8.

Quantities.

Wheat,bushFlour... bbls

Wheat.... bu.

lorn...bush.

Tot.bush.

Values.

Wa't& flour.

Jorn& meal.

ayeOati & meal

.

Barley

Br'dstuffa....

Provisions*.

Ootton*etroi'ni,&c.

Tot value.

1900.

July. 7 Months

6,660.895

1,332,110

11,770,390

16,960,784

27,721,174

$

9,495,751

7.695,861

191,056

1,101,839

184.966

18,689,175

17,694,794

7.947,608

6,219,965

60,435,491

10,831,809

99,178,631

109,291,148

203,409,779

$

74,815,543

48.244,377

865.3S2

6,924,988

3,805,092

133,655,392

113,687,434

142,468,947

43,161,054

50,2 '8.232 432,962.527

1899.

July. 1 Months

8,703,643

1,368,861*

14,888.803

17,484.84b

32,323,64'

*

11.676,149

7.101,407

125,574

1,569,688

612,10-

21,084,805

17,791.626

5,457,692

5,845,519

60.545.103

10,885,794

If9,306, 176

107,310,689

216,616,865

86,860.061

44,867,966

2,464,413

6,680,537

1,250,813

142,093,790

114,109.278

89,694.482

82,717,50?

49.54P.542 37R.582.057

1898.

July. 7 Months.

7,618,101

857,900

11,478,951

10,881,70?

22,360,656

10,947.620

4,317,294

459,476

1,382,569

80,230

10,737.166

12,895,801

2,828,899

4,722,093

69,786,677

8,689,896

108,390,109

132,414,368

240,804,477

111,798,186

50,835,809

6,0u3,636

18,108,908

1,673,881

182,818.400

114,266.623

109,890,480

29.427.860

37.183.721 436,402,263* Including cattleand hogs in all months and years.Wotb.—All the above figures are based on the monthly preliminary

returnsissued bythe Bureau of Statistics, and cover about 98 per oentof the total exports.

The movement of breadstuffs to market as indicated in thestatements below is prepared by us from the figures col-'ected by the New York Produce Exchange. The receipts atWestern lake and river ports for the week ending Aug. 11,and since Aug. 1, for each of the last three years have been:

ttttirt* mt—

Chicago ,

m 1waukea .

,

)uluth ,

tflnneapoll*

FoledoI

letrolt,

Cleveland..

,

it. Louis ....

'eorla,

£ansai City

Tot.wk.1900

<ame wk.'99.

Same wk.'98.

line* Aut. 1.

1900

1899

1898

Flour. Wheat. Corn. Oat*. BarUv

BushASlbiBbn.ioeibs Bush.OOlbr Iiush.5Glb> Bush.Silbs97,924 1,139.600 1,014,9»0 3,063.417 98.05060,876 126.000 114,750 123.000 76,600

109.000 183,897 40.303 3.270

6,000 1,077.790 39,240 169,440 86,050

16,765 284,845 262.227 218,100 6,000

8.400 89,823 64,443 76,918

18.811 49,211 241,926 417,317 .......

38,435 1.866.148 873.230 868,036 1,600

8,760 26,850 276,800 481,600 3,750

2,146.000 141,000 189,000

344.150 0,437,668 2,667,659 4,997.587 281,850

418,442 8,728,198 8,701.976 8,672,161 185.639

241.861 8,666,937 3,779.685 3,016,897 71,693

716,345 12,193,208 6,097,388 8,660,710 338.088

844,633 8.478,149 8,549,617 8,447.976 378,923|

541.922 5.6*8,444 7,125,428 6,719,814 121.14*

Hf«.

Bu.56 lbs

43,099

9,100

9,893

2,580

14,972

13,979

4,800

""93.419

88,660

169,867

197.801

177,816

896,816

The receipts of flour and grain at the seaboard ports forche week ended Ang. 11, 1900, follow

:

jB«ri«vbush.80.800

1.600

bush4,876

1,139714

F.our, Wheat, Corn, Oats,Receipts at— bbil. bush. bush. bush.<»W York 127,047 52K.400 956.625 858,4003o§tOn 60.S66 186,839 207,364 176.090Sdontrealt 18,900 309.000 960,000 90 000Philadelphia 6H.9H4 232.585 59^,830 142,8 ?0

Baltimore 60.966 834,651 623,732 199*07lllOhmoild... 3,026 16,406 46.639 22 48

J

Sew Orlean»» 11.629 187.000 (12.000 69,?66iewport Newi 62,614 128,571 ....

ialvetton S93.no 8.000

Total we«k 386.608 8,089.841 8,4X6,668 1,060.202 83.400 6S*Sy—

k

l«09 438.421 2,878,052 6,4l7.2>'4 1,904.103 845,411 64,951

• Keoeipti do not lnolude grain patting t'nough New Orleans for to reue»ort« "n t hm-rata DUll Of lading.+ Estimated.

August 18, 1900.] THE CHRONICLE. UoTotal receipts at ports from Jan. 1 to Aug. 11, compare as

follows for four years:

Rtetiptt of—Flour .boll

WhwtCorn..Oati..Barley

both.......*«...

1900.12,788,416

"65.478,410116.744.56946.174,4747.646 4551,693,203

1809.12,692,050

69,558,224118,008,08060,6X0,6018,642,8693,941,447

1898.11,492,971

65,108,485133,087.41761,416,9773,048,6679,226,126

1897.10,201,656

34.610,224114.HU,7*047,1037447,090,8976,814,115

Total grain.... " 225,632.111 245 679,221 271,886,e82 209,380,760

The exports from the several seaboard ports for the weekending Aug. 11, 1900, are shown in the annexed statement:

Ryt, P«a»,bush. bush.2,113 9,696

Wheat. Corn, Flour,Mxforti from— buth. buth. bblt.

MswYork 307.678 984,068 68,810Boston 117,825 86P-.264 24 976Philadelphia.. 159,680 281.275 19,792Baltimore 16,000 187,436 13,869New Orleans.. 228.100 273,i!00 2.150Newp'rt News 128.671 52.647Montreal 376.2S9 649,973 12.0.15

Galveston 683,(00 5,065

Oatt,buth.

254,056300

Barltybuth.

60

8,110

i88,369 8,509

Total week ..1,788.743 2,769.787Same time '99.. 2 548.160 6,279.296

199,343 368,865 2.113 18.104 50275,587 714,042 120,163 38,298 176,879

The destination of these exports for the week and sinceSeptember 1, 1899, is as below:

,- flow. . i— Wheat. -»

Week Sine* Sept. Week Binct Sewt.Aug. 11. 1,1899. Aug. 11. 1,1899.

buth. buth.1,567,646 52,033,285172.000 81,063.«70

Mxporttforweek and linciSevt. 1 to— bblt.

United Kingdom 125,458Continent. 12.9828. 4 C. America. 17,884West Indies 23 664Br.N.Am. Colo's 3,281Other countries 16,074

Total 199.343 14.822 513Total 1898-99.... 275.687 16,5u7,414

bblt.9,742,8342.209.2661,049,4591.339569183 451297,944

f- Corn.——Week Sine* 8*pt,Aug. 11. 1, 1899.buth. buth

19,6«0872

49,096 659,761

1,744,976 81,852.637918,688 96,386,94028,151 336.48644,658 1,130,0977,661 600,643

25.667 1,823,030

1,788,742 83,677,078 2,769,787 185,015 8132,648,159 124,971,643 6,279,2u8 172,433,774

The visible supply of grain, comprising the stocks it

granary at the principal points of accumulation at lake andseaboard ports, Aug. 11, 1900, was as follows:

Wheat,In ttort at— buth.

Maw York 2,228,000Do afloat

Boston 774,000Philadelphia 301,000Baltimore 1,276,000New Orleans 570,000Galveston 1,964,000Montreal 8*6,000Toronto 2vi,000

Buffalo 2,087,000So afloat

Toledo ... 884,000Do afloat

Detroit 170,000Do afloat

Chicago 10,913,000Do afloat

Milwaukee 915,000Do afloat

rt,WUl'm&Pt,Arinnr 1,286,000Duluth 7,773,000

Do afloatMinneapolis 9.642 000St Louis 3.319,000

Do afloatKansas City 1,641.000Peoria 8,000Indianapolis 532.000On Mississippi HirerOn Lakes 1,610,000On oanal and river. . . 58,000

Corn,buth.

1,036 00043,000

379 0OO900.000

1,068,000634,000

Oatt,buth.504.00015,000

492.JO0220,000370,000

JRv«,buth.

131,000

80,000

Barleii'but '

236.000

100,000 478.0006.000

244,000

6,000 800<

316,000 26,001

639,000 283,000 19,000

171,000 12,000 23,000 1,000

1,546,000 1,765,000 838,000 5,000

130,000 117,000 3,0(0 ll.OOt

408,000 66,000 '43,006 '48,b0C

50,00071,000

278,00062,000

9,0007,000

16,000

265.0006.000

100,000

11,0004 ill) 000

7,000

7.0008,0001,000

••«•••

2,266.0001,238,000

442,00067,000

5,857.0006,586,0003 887 0008.081,0006.680.00O

ll,?5l.00O12,320,00010,186.00016,017.00018,507,000

624 000f07 000572 000449 000

1.536.000

350 00040S.00O858,000243 0C0862,000

Total Aug. 11, 1900» 48.218.000Total Aug. 4, WOO* 47.i35.000Total Aug. 12, lb99t 36.266 000Total Aug. 13, 1898t 16.-97,000Total Aug. 14, 1897+ 17,226 000

•Includes stocks in private elevators at Milwaukee.t Stocks In prlvato elevators at Milwaukee not included.

,.«otk.—Beginning July 1, 1899, the New York Produce Exchange has changedgj V^ible Supply Statement by including stocks at New Orleans, Galveston,Ft. William and Pt. Arthur (previously omitted) and leaving out AlbanyOswego and Cincinnati, formerly Included.

THE DRY GOODS TRADE.New York, Friday, P. M„ August 17, 1900.

The business doing in the market from day to day duringthe past week has shown little variation in eharacter. In nodepartment have buyers operated with any degree of free-

dom, a steady adherence to a hand-to mouth policy mark-ing their operations. As reports concerning the jobbingtrade show a generally liberal distribution, this determinedconservatism is disappointing and puzzling to first-hand sel-

lers. Prices in the primary market have not undergone anyopen changes, but there is considerable quiet irregularity in

some directions, such as heavy staple lines in cotton andpiece dyes in woolen goods. Curtailment of production

promises to be a prominent feature in the situation shortly.

Some large cotton and woolen mills are reported to be onthe eve of shotting down in the North and in the South.Although no specific announcements have been made, a num-ber of looms have been laid off with more to follow. FallRiver mills are still carrying-out their short-time arrange-ment.

Woolen Goods.—The demand for new light-weights inmen's wear woolens and worsteds has been irregular thisweek and disappointing in the aggregate. Buyers generallyshow a lack of confidence in the situation and most ordersare for small quantities only. Pieced dyes in serges, chev-iots, etc., are meeting with less success relatively than fan-cies, and prices show considerable irregularity. There havebeen declines in a number of quarters from opening prices,ranging from 5 to 12}£ per cent, and the market does not yetwear a settled appearance. Some lines of fancy woolens

have also been reduced 5 to 10 per cent from opening quota~tions. The reorder demand for heavy-weights has been mod-erate and met at irregular prices. Sellers have been pressingovercoatings on buyers at the expense of prices and cfoakingsare easy and irregular. Business in dress goods is chiefly instaple varieties at previous prices. Most fancies are irregu-lar in price. Flannels and blankets dull and unchanged.Foreign Dry Goods.—A moderate demand reported for

the better grades of plain dress goods at steady prices. Silks

are slow and prices are barely maintained. Ribbons andlaces without special feature. Linens quiet at previousprices. Burlaps firm, with a moderate demand.Domestio Cotton Goods.—The exports of cotton goods

from this port for the week ending Aug. 13 were 3,180packages, valued at $187,735, their destination being to thepoints specified in the tables below :

NbwYobk to Aug. 13.

Great Britain....,Other European.ChinaIndiaArabia..... .......

AfricaWest IndiesMexico ,

Central America.South America..Other Countries.

Total.

1900.

Week. Since Jan. 1,

13283134

283293106

3,180

1,4431,232

139,4678,782

23,2592,773

17,7182,0227,870

27,7655,722

238,053

1899.

Week. Since Jan. 1.

4916

6,401

i",23*6

13660273127

1,496158

10,288

1,378663

166,0921,656

31,11010,80820,0362,7836,977

30,4075,446

277,356

The value of the New York exports for the year to date hasbeen $10,248,381 in 1900, against $9,936,593 In 1899.

There has been only a slow home demand for heavy sheet-ings and drills and little doing for export. The tone of themarket is easy and prices irregular. Ducks and brown osna-burgs have been in limited request without quotable change.Wide sheetings are steady at recent reduction in price, butsales moderate. Bleached cottons in demand for small lots

only in any grade; low and medium qualities steady, butsome irregularity in finest counts. Cotton flannels andblankets featureless. Denims in limited request and irregu-lar in price. Other coarse, colored cottons dull and easy to •

buy. Fancy calicoes are dull, with some sellers making con-cessions. In staple lines, such as indigo blues, Turkey redsand mournings, there has bsen a fair business at steadyprices. Fine printed fabrics in moderate request for nextspring. Ginghams are without change, a quiet demand com-ing forward at unchanged prices. Print cloths are steady at2%o. for regulars, with no business doing. Narrow oddssteady but wide odds slightly easier.

Importations and Warehouse Withdrawals of Dry GoodaThe importations and warehouse withdrawals of dry goods

at this port for the week ending Aug. 16, 1900, and sinceJanuary 1, 1900, and for the corresponding periods of lastyear are as follows:

o =to

— o *

B Sie 2 •m Pa«* ».m

1!

illtor5: :

© • •

a • •

< .

93S

8. »

w

0>MCJ»7»•onwoo

©ooMcjitoMtOWWWMf <^#»<1

M MCO

-J

Oi

wf.*-M

rfa—

3

to W

tOOSOlOOOOao©yi©t0ao©'cet3'cb©»C"CD05

en WW-J as©M © J>

CO -ItOH> m co00 if if

M©M Mtotopaaomm'Vjoow©oi wcxao1001005©

©M©Ojf MtOWiftOeo© c"*.©»*©0133 ©ao©«aw©© osoji'Com"»"f I 00 <1 00 M~f*»• ~a ©©MostoH> © I © go co f "Ji

CO00CO

©09Vc©©<lCWQD

<OtOMI>MGO CO OS*. CO©of Oif

CD tOOOOCO*.

oofCO toCO*-

toococo**MMW©Qof"*]oojoCO 03 toe- 00©>-©tO©

oo©CO>—CO

fwOOM©b»C0Cn©© JC

00MM MW^f cop©©WWWCCOMto«q-Jt0 05-3M

C*M*•©Io*©M»©0000 00COM-a to

o<jtow*^o«u<w>(>* 00tOWWfW*» yiMM"|VcooowtO<)OCO COWtO

2?8» ^»

» OP

S 2

IIiii! ! 9

flSI

f*|9CnVo•oaoCO*-

i-'tOH'COCO*-00 00 —

»u toWiOl«no

nvwcorf*.

00 COIfM»0<!

COM©

ooloV*-l— CD©CO—

»0<J

lowco<fWOO

WW©to0*0°

<I00

toCOM»©*»•woo©fov<ICOCO

W<I

-awWCO

©MMMCOCOwto©aooow*»co

MMM©Voo'

©©©"to ©to— W-iIf CO*.

eow

©i^>

bo-1

OKI05©

©M©OlOlO>

CnWHrOQOOl*. ^- CO

M<1

to I fonto©COPi*oo toWfwto

©w — oi

«k*O00«©yi in co oo col—» — ©*•

If 00U<lf_M-qWWottoOStO

wt-'l-' H*m»0ji>I8«<J«iw"fl>0©ojf oaf

CUMJf©©OS©Moolooo co

MMbOWMW©MtO<lOlCOOOlOO©O0JWJ3WOO WO05© w<iyi<iocootoco

•» m—p ^»a

2. £*

o; s

2»5?S©'»oaO —m

<l©tO<IOOlMtOOD©©©OOOCO

MMCJIlf tO©©M*»tOcnvipjf ©«sOi*tO*tOOlkOkow^acoMtO<lM©»

05&J

05W«-«tO©^1*3 00 if

oo oi"y>© enCO CONOCOCHOI tO tOO

tOMW©_W<I©^JMOD©©t>. <] * cn w«»^)©jfM«*f COMOl^JMtO<l00lfIf If ©05 If

2R

8

^©yooco©©to oo©©to©aoc*

K) M 05 C7» tOo©to©<i

"bo'oloV*.oo J5 " Oi cn©C!l©©«-

•5*

to^1 -J> f © to© © toJOwIf!.©® C0O5<ia>f<i©tow-jcuco

to>-_©oppi©tO M — —M00©0i©€»3

^jpp©<J©©©OOO*»©-4M©o» — to<ita

s

366 THE CHRONICLE. [Vol. LXXI.

State aw& City Depaptmewt.

TERMS OF SUBSCRIPTION.

The Investors' Supplement will be furnished withoutextra charge to every annual subscriber of the Commercialand Financial Chronicle.The State and City Supplement will also be furnished

without extra charge to every subscriber of the Chronicle.The Street Railway Supplement will likewise be fur-

nished without extra charge to every subscriber of the

Chronicle.The Quotation Supplement, issued monthly, will also be

furnished without extra charge to every subscriber of the

Chronicle.TERMS for the Chronicle with the four Supplements

above named are Ten Dollars per year within the UnitedStates and Thirteen Dollars in Europe, which in both cases

includes postage.

Terms of Advertising—(Per Inch Space.)

Transient matter (each time)$4 20BTANDING BUSINESS CARDS.

Two Months (8 times) $22 00

Three Months (13times)..$2900Six Months (26 times).. 50 00TwelveMonths (52 times). 8700

New York City.—Borough Tax Rates.—The Municipal As-sembly on Aug. 15, 1900, adopted the tax rates for 1900 for

the various boroughs of the city of New York. We give

them below on property liable for city, county and State

taxes in comparison with the corresponding figures for 1899 :

Tax Rate Tax BateBoroughs. 1900. 1899.

Manhattan and The Bronx $22-477+ $;4-804Borough of Brooklyn 23-211+ 23-642Borough of Queens 23-421+ 32744Borough of Richmond 22-207+ 24-237

Redoudo, Cal.—Bond Litigation.—Suit has been insti-

tuted to compel the City Treasurer to sign the $40,000 street-

improvement bonds voted last March and afterwards sold

to the California Bank of Los- Angeles, which institution sub-sequently refused to take the bonds, claiming that the lawunder which they were issued did not provide for street-

improvement bonds. To test the question tne City Treas-

urer refused to sign the bonds, with the result that theabove-mentioned suit was commenced to compel him to

do so.

Bond Calls and Redemptions.Anson, Somerset County, Me.—Bond Call.—Edwin Col-

lins, Town Treasurer, has called for payment Oct. 1 at theCanal National Bank, Portland, the following bonds :

$26,000 4% bonds Nos. 1 to 26, inclusive. Denomination $l,C00.27,.' 00 4% bonds Nos. 1 to 55, inclusive. Denomination $500.14,00j 4% bonds Nos. lto 70, inclusive. Denomination $200.9,000 4% bonds Nos. 1 to 90, inclusive. Denomination »t00.

Atchafalaya (La.) Levee District.—Bond Call.—Thos. G.Sparks, President, has called for payment October 8 at theoffice of the State Treasurer $850,000 %% bonds dated Oct. 8,

1890. As has been stated in the Chronicle, 5% 50-year re-

funding bonds have been sold to take up the old bonds attheir optional date.— See V. 68, p. 145.

Multnomah County, Oregon.— Warrant Call.—ThomasScott Brooke, County.Treasurer, has^called forjpayment coun-ty warrants, " Class 36," drawn upon the general fund thatwere presented and indorsed "Not paid for want of funds"from June 12, 1899, to Sept. 30, 1899, both dates inclusive.Interest ceased Aug. 6, 1900.

Tnpelo, Ala.—Bond Call.—The Town Treasurer has calledfor payment certain 6% municipal bonds now outstanding.Securities are 15-year bonds, optional after ten years. Theywere issued in denomination of $500.

Bond Proposals and Negotiations this

week have been as follows :

Allegheny (Pa.), Fifteenth Ward School District.—BondsDefeated.—At the election held August 11 the proposition toissue $25,000 school bonds was defeated by a vote of 119 to 69.

Alliance, Ohio.—Bond Offering.—Proposals will be re-ceived until 2 p. M , Sept. 1, 1900, by J. H. McConnell, CityClerk, for $77,500 bonds as follows :

$36,000 5% water-works bonds maturing $2,000 yearly from 1902 to 1910, Inclu-sive, and »a,000 yearly thereafter, A certified check for $5u0 will berequired.

129,000 4% 80- year refunding sewer bonds. A certified check for $500 must ac-company proposals lor these bonds.

18,600 4%.lateral sanitary sewer bonds, maturing $4,600 in each of the yearsJ9ul. 190.: and 11103. A certitied check lor $260 must accompany bidsfor this issue.

Securities, are all dated Sept. 15, 1900. Interest will bepayable semi-annually at the office of the City Treasurer.Accrmed interest must be paid by the purchaser.Atlanta, tta.—Temporary Loan.—This city has borrowed

from Harry M. Atkinton the sum of $75,000 for sixty days.Bajonne, N. J.—Bond Sale.—This city has sold the $50,000

A% 6 year gold improvement bonds (originally offered bat notsold on July 17) to the Mechanics' Trust Co., Bayonne, atpar. The authorities have also 6old, accoiding to reports, anissue of $12,000 4% 20-year bonds to C. Zabriskie of Jersey<City at 103.

N. W. Harris * Co.. Chicago. $40,087 00Spitzer & Co., Toledo 40,057 00K. Klevbolte & Co.. Cincin.. . 40,000 00Geo. M. Bechtel, Davenport. 40.000 00

Beaumont, Texas.

—

Band Motion.—An election has beenordered for September 11 to vote on the proposition to issue$115,000 5% 20-40-year (optional) sewer and street-improvement bonds.

Biloxi, Miss.

—

Bonds Not Yet Sold.—We are advisedthat the $17,000 5% bridge bonds mentioned in the ChronicleMay 28 have not yet been sold. ProposalsJJmay be addressedat any time to the City Attorney.Birmingham, Ala.—Bond Sale.—On August 11 the $269,-

000 5% 30-year bonds were awarded to Steiner Bros., Bir-mingham, at par, this being the only bid received. For de-scription of bonds see Chronicle August 4, p. 251.

Boone (Iowa) Independent School District.—Boad Sale.—On August 13 the $40,000 4% 510-year (optional) refundingbonds were awarded to Trowbridge & Niver Co., Chicago, at100 63. Following are tbe bids :

Trowbridge & Nlver Co., Chic.$J0.252 00 "

Denison, Prior & Co.. Cleve.. 40,260 COFarson. Leach & Co., Chic... 40,240 00Chas. H. Coffin. Chicago 40,226 00W. J. Hayes & Sons, Cleve... 40,167 00

For description of bonds see Chronicle Aug. 11, p. 304.

Bristol, Ta.-Tenn.—Bids Rejected—Bond Offering.—Allbids received August 10 for the $10,000 5% 20 year pavingbonds and the $15,000 6£ (serial) paving bonds were rejected.Proposals will again be received until Sept. 15 by H. E.Jones, Chairman Finance Committee, for these bonds. The$10,000 h$ 20-year bonds will be issued in denomination of either$500 or $1,000, and will be dated Sept. 1 or Ost. 1, 1900.

Interest will be payable January 1 and July 1. The $15,0006% serial bonds will mature $1,000 yearly beginning Jan. 1,

1902. An offer of 103 has been received for the 20-year bondsand 101 for the serial, therefore no bids lower than thesefigures will be considered.Brookline, Mass.—Loan Authorized.—The Selectmen have

authorized the Treasurer to borrow $100,000 in anticipationof the collection of taxes.

Browns Valley, Traverse County, Minn.—Bond Sale.—OnAugust 4 the $8,700 5% 20-year water and light bonds wereawarded to Trowbridge & Niver Co., Chicago, at 104-85. It

was stated in the Chronicle last week that these bondswould again be offered for sale on August 31, but this offer-

ing, we are advised, is simply to perfect the proceedings.Butler (Pa.) School District.—Bond Sale.—On August 15

the $40,000 3%% bonds were awarded to the Lamprecht Bros.Co., Cleveland, at 102'13—an interest bat-is of about 3'361#.

For description of bonds see Chronicle Aug. 4, p. 251.

Butte, Mont.

—

Bond Sale.—It is reported that this city hassold an issue of $17,000 5% 10-year refunding bonds to N. W.Harris & Co., Cnicago, at 105*359—an interest basis of about4-334#.

Canton, Ohio.—Bond Offering.—Proposals will be receiveduntil 12 M., Sept. 1, by Louis N. Ley, City Cleik, for thepurchase of $11,700 street-improvement bonds, as follows :

$4/00 1-10-year (serial) West Fourth Street bonds, in denomination of $400,4,500 l-10-year (serial) Mulberry Street bonds, in denomination of $460.800 3 ana 5-year Williams Street bonds, in denomination of $480.

1,200 :j-6-year (serial) JJewalt Street bjnds, in denomii.ation of $400.

1,200 3-5-year (serial) Wells Street bonds, in denomination of $400,

Securities are issued under authority of sections 2704 and2705, Revised Statutes of Ohio. Tney are dated Sept. 1, 1900.

Interest will be at a rate not exceeding 5%, payable semi-an-nually at tbe office of the City Clerk or at Kountza Bros., in

New York City. A certificate of deposit from the First Na*tional bank of Canton in the sum of $300 will be requiredwith each proposal. Bids must be made on blank forms,which may be had from the City Clerk, and all bidders arerequired to satisfy themselves as to the legality of the bondsbefore bidding and to so state in their bids. Successful bid-

der must furnish blank bonds.Chambersbnrg, Pa.—Bond Sale.—We are advised that the

$25,000 bonds voted at the election held July 24 have beensold to the National Bank of Chambersburg.Chicopee, Mass.—Loan Negotiated.—The City Government

has authorized the City Treasurer to borrow $20,000 from theSpringfield Institution for Savings on two notes of $10,000each, bearing 3%% interest. Loan is for sewer purposes.

Cleveland, Ohio.—Bond Sales.—On August 13 the bondsoffered for sale were awarded as follows : To E. D. Shepard& Co.. New York, $200,000 4% river and harbor bonds at110-578, $50,000 4% bridge bonds at 110*585, both issues beingon a basis of about 3 26£; also $171,000 4% sewer district

bonds at 105-922, or a basis of about 3 27^. The $100,000 4%intercepting sewer bonds offered at the same time wereawarded to Denison, Prior & Co., Cleveland, at 110-765—

a

basis of about 3 -

25#. Following is a full list of the bids re-

ceived :

$200,000 $100,000 $50,000 E$171,000River Inter. Sewer Bridge SewerBonds. Bonds. Bondi. Bonds.

E. D. Shepard & Co., N. Y $221,16761 $110.J8161 $55,892 51 $181.12761Denison, Priori Co., Cleve... 22t.u6)00 110.76500 65,18500 179,l>8500Farson, Leach & Co., N. Y.... 2^0.40000 110,2iK)0D f^.lOiOO 181,03600Lamprecht Bros. Co.. Cleve.. 220,140 00 11O.O70 00 55,08 i 00 18",439 20Seasongood & Mayer. Oincln. 210,4 00 109,3uO 00 64.7>0 00 178,«00 00Blake Bros. & Co., N. Y 219,13800 10»,66» ( 64,78000 180,01170Spiuer& Co., Toledo 219.127 00 109,57800 64,782 00W.J.Hayes A Sons, Cleve.... 218.600 01 109.300 00 64,f6'00 180.063 00W. K. Todd 4 Co., Cincin .... 215,000 00 108,000 00 6i,fi0000 179.000 00R Klevbolte* Co., Cmcin.... 214.8D000 107,40000 63.70io0 178.586 00Atlas Nat. Bank, Cincinnati.. 214,060 00 107,050 00 63,625 00 178,800 00

For description of bonds see Chronicle July 14, p. 96.

Cincinnati (Ohio) School District.—tsond Offering.—Pro-posals will be received until 12 M , September 10, by GeorgeR. Griffiths, Clerk of the Board of Education, lor $50,000 8*bonds. Fifty bonds are in denomination of $"100 and twohundred and fifty of $100 each, all dated Oct. 1 , I9u0. Inter-

est will be payable semi-annually at the American ExchangeNational Bank, New York City. Principal will mature Oct.

August 18. 1900. J THE CHRONICLE. 357

1, 1940. A certified check for 5% of the gross amount of thebonds, payable to the Board of Education, must accompanyproposals. Accrued interest must be paid by the purchaserof the bonds.

Coffeyville, Kan.—Bond Elfction.- September 4 has beenfixed as the day upon which the question of issuing $20,000electric light-plant bonds will be submitted to a vote of thepeople.

Cohoes, N. Y.—Bond Offering.—Miller Hay, City Cham-berlain, give s notice that he will sell at public auction at 12

M., September 1, $36,9C6 45 3}££ public-improvement bonds.Securities are dated Sept. 1,1900. Interest will be payableJanuary 1 and July 1 at the Central Trust Co., New YorkCity. Principal will mature $6,9C6 45 od JaD. 1, 1928, and$10,000 yearly on January 1 from 1929 to 1931, inclusive. Au-thority for the issuance of these bonds will be found inChapter 227, Laws of 1896, and Chapter 550, Laws of 1899.

Davenport (Iowa) School District.—Bond Offering.—Proposals will be received nntil 12 m., Septfmber 1, for $53,-

000 4% bonds. Securities were authorized at the electionheld July 26 by a vote of 2,045 to 685. Interest will be pay-able in Davenport, and the principal will rnn for 10 years,subject to call after five years. J. D. McCollister is Secre-tary Board of Education.Dunkirk, N. Y.

—

Bonds Authorized.—At a meeting of theWater Board held August 9 it was voted to issue $124,000bonds for the improvement of the water system.East Orange, N. J.

—

Loan Authorized.—At a meeting ofthe City Council held August 13 the Chairman cf the FinanceCommittee was authorized to borrow $30,000 for threemonths.Elmwood Place, Ohio.—Bond Offering.—Proposals will be

received until 12 m., Sept. 19, by Harry G-. Schaeffer, VillageClerk, at the office of Scott BoDham, Village Solicitor, Rcom2C6, Lincoln Inn Court, 519 Main Street, Cincir nati, for §15,000 4% 10-year refunding bonds. Securities aTe in denomina-tion of $500, dated Sept. 19, 1800. Interest will bepa\ablesemi-annually. A certified check for 5% of the gross amountof the bonds, payable to the Village Clerk, must accompanyproposals. Accrued interest must be paid by purchaser.Essex County, N. J.—Bond Offering.— Proposals will be re

ceived until 2 p. m., August 22, by the Finance Committee of

the Board of Chosen Freeholders—D. H. Johnson, Chairman—for $200,000 4% gold court house bonds. These bonds (thetotal authorized being $1,000,000) are issued under an Act ofthe State Legislature bearing date March 22, 1900, and arethe first securities issued under that Act. They are in de-nomination of $1,( 00, dated August 1, 1900. Interest will bepayable semi annually and the principal will mature August1, 1940. A certified check for $2,000 must accompany pro-posals.

Essex Junction, Yt.—Bond Sale.—This city has just soldat private sale the $25,000 4% 25- year water bonds originallyoffered but not sold on April 24. The purchaser of the bondsis the firm of W. R. Todd & Co., New York, and the pricepaid 106-25—an interest basis of about 3*61 9£.Ferry County, Wash.—Bond Sale.—On August 11 the 560,-

000 10-year funding bonds were awarded to C. P. Bennett at

101 for b%% bondp. For description of securities see Chron-icle August 11, p. 804.

Fond da Lac, Wis.—Bond Offering.—Proposals will be re-

ceived until 5 p.m., Sept. g, by F. A. Bartlett, City Clerk, for$30,000 V/^% school bonds. Securities are in denomination of$500. Interest will be payable semi-annually at the office ofthe City Treasurer. Principal will mature in 20 yeais.Fosston (Minn.) School District—Bond Sale.—This dis-

trict sold on Aug. 7 a $1,000 6<g 10-year bond to Mary J. Cullen,St. Paul, at 107*50. Following are the bids :

Mary J. Cnllen, St. Paul .107-60 I Kane & Co., Minneapolis 103-50Merchants' Nat. B'k. St. Paul. .106-00 ! Hudson Wilson 102-60

Galveston, Texas.—Bond Sale.— On August 16 the $300,0005# 20-40-year (optional) sewer bonds were awarded to Feder,Holzman & Co., Cincinnati, at 107—an interest basis ofabout 4-53# if bonds are redeemed at their optional date or4 62# if allowed to run their full time. For description ofbonds see Chronicle July 28, p. 199.Bond Ordinance Vi toed.—Mayor Jones has vetoed an ordi-

nance which provided for an election to vote on the questionof issuing $90,100 street improvement bonds.Gloucester, Mass.—Bond Sale.—On August 13 the $5,000

%%% 1-10-year (serial) highway- improvement bonds wereawarded to the Cape Ann National Bank of Gloucester at

101-37—an interest basis of about 3 226#. Following are thebids:Cape Ann National Bank 101-37 I Wstabrook & Co.. Boston 101-03Jose, Parker & Co.. Boston 101-831 I Parkinson & Burr. Boston 100"63K. L. Day &Co.. Boston 101-U 9 I Adams & Co., Boston 100-2(5C. S. CummiDgs & Co.. Boston.. 101-090

I

Securities are in denomination cf $500 and the interest willbe payable semi-annually.Loan Proposed.—The Finance Committee of the City Coun-

cil has decided to recommend a ten-year loan of $30,000 tomeet deficiencies.

Greene County, Ohio.—Bond Sale.— On August 8 the$10,000 5£ bonds were awarded to SpHzer & Co., Toledo, at

103-52—an interest basis of about 3 70#. For description ofbonds see Chronicle Aug. 4, p. 251.Greensboro, Ala.—Bonds Authorized.—The City Council

has authorized the issuance of $10,000 30-year street- improve-ment bonds. Proposals for these bonds will be receiveduntil 9 a. m., September 1, by Robert F. Otts, Mayor. Bidsare asked for bonds bearing 4%, 5 and 6 per cent interest,which will be payable semi-annually.

Hamilton, Ohio.—Bond Sale.—On August 10 the $73,100

H 1-10-year (serial) street-improvement and $25,700 4% 8- yearintersection bonds were awarded to the Second NationalBank of Hamilton at 102-867- an interest basis of about3-477<r. For description of bonds see Chronicle July 21,'p.

148.

Haverhill, Mass.

—

Bond Offering.—Proposals will be re-

ceived until 10 a. M., August 18, by John A. G-lines, CityTreasurer, for $50,0C0 4% bonds. Securities are in denomina-tion of $1,000, dated April 1, 1800. Interest will be payableApril 1 and October 1 at the National Bank of Redemption,Boston. Principal will mature April 1, 1910. Accrued in-

terest must be paid by the purchaser of these bonds.Hillsbnro County, Fla.—Bond Election.—An election has

been called for Sept. 18 to vote on the question of issuing

$3^0,000 4% 30-year road bonds.Howell, Mich.—Description of Bonds.—The $15,000 elec-

tric-light-plant bonds recently authorized will be issued indenomination of $1,000. Interest will be at the rate of 4%,

and the principal will mature in 15 years.

Ilion, N. Y.—Bond Sale.—On August 15 the $30,CO0 4% 1-30-

year (serial) electric light bonds were awarded to Bertron &Storrs, New York, at 108-80—an interest basis of about3-272$. Following are the bids :

N. W. Harris & Co.. N. Y 108-281-Bertron & Storrs, New York....l08"80Walter Stanton &Co.,N. Y 108753J. A . Cantwell. Utica 108620

Lamprecht Bros. Co.. Cleve 108-116-

W. B»Todd & Co.. New York...K6-60.

For description of bonds see Chronicle Aug. 4, p. 252.

Jackson, Jackson County, Mien.—Bond Offering.—Pro-posals will be received until 8 p. m., Aug. 20, by W. J. Cald-well, City Recorder, for the $25,000 river-improvement and$25,000 water-extension bonds voted at the election heldApril 2. Securities will be issued in denominations to suit

purchaser, and will be dated July 15, 1900. Interest will bepayable semi annually. The river improvement bonds willmature July 15, 1915, and the water bords July 15, 1916.

Tl^se bonds were originally offered for sale on May 21,

and were awarded to the Jackson City Bank by the CityCourcil. The Mayor, however, vetoed the ordinance award-ing the bonds, which action was sustained. See ChronicleJulv 28.

Jackson, Miss.—Bonds Not Scld.—No bids were receivedon August 7 for the $10,000 5% crematory bonds advertisedfor sale on that day.Kewaunee, Wis.

—

Bond Sale.—This city has borrowed fromthe State Commissioners of Public Lands the sum of $19,000at %%% interest for the purpose of refunding 5% railroad-aidbonds.Lafayette County, Mo.

—

Bond Offering.—Proposals will bereceived until 11 A. M., October 3, by Frank Thornton, Clerkof the County Court, for $560,000 refunding bonds. Securi-ties are in denomination of $1,000, dated Jan. 1, 1901. Inter-est will be payable semi-annually in St. Louis. Principalwill mature Jan. 1, 1921, subject to call $140,000 after five

years and a like amount after ten and fifteen years, the re-

maining $140,000 running the full term of twenty years.Proposals are asked on bonds bearing ?>% interest and also onthose bearing "&%% interest. A certified check for 5% of thebonds bid for must accompany proposals. The authority forthe issuance of these securities will be found in Article 1,

Chapter 83, Revised Statutes of Missouri for 1899. The pur-chaser will be required to furnish blank bonds and to pay theState Auditor's fee (25c. for each bond) for registering.

Lead, S. Dak.

—

Bonds Voted—Bond Offering.—At the elec-tion held Aug. 1, 1900, the issuance of $45,000 sewer bonds wasauthorized by a majority of 600. These bonds are in denom-ination of $1,000, dated Aug. 15, 1900. Interest will be at therate of 7g, payable semi-annually at the office of the CityTreasurer. Principal will mature Aug. 15, 1920. Proposalswill be received until 2 p. M., Sept. 1, 1900, by William M.Lyon, City Auditor, for these bonds. A certified check for#500, payable to the City Treasurer, will be required. Thecity has no outstanding bonds at present. The assessed val-uation is $1,040,255. Accrued interest must be paid by pur-chaser.

Lindstrom, Chisago County, Minn.—Bond Offering.—Pro-posals will be received until August 24 by W. F. Rowe, Vil-lage Recorder, for $4,000 5% water-works bonds. Securitieswere authorized at the election held June 2. They are indenomination of $500, dated July 2, 1900. Interest will bepayable annually and the principal will mature one bondyearly on July 2 from 1902 to 1909, inclusive. A certifiedcheck for 5% of the amount bid, payable to the Village Treas-urer, must accompany proposals.These bonds were awarded on July 2 to Stoddard, Nye &

Co., Minneapolis, which firm afterwards refused them on ac-count of certain errors made in their authorization.Lock land school District, Hamilton County, Ohio.

—

Bond Offering.—Proposals will be received until 12 m.,

August 30, by J. Blackwood, Clerk of the Board of Educa-tion, for $10,000 4%% bonds. Securities are issued underauthority of sections 3991, 3992 and 3993, Revised Statutes ofOhio. They are in denomination of $100, dated Oct. 1,

1900. Interest will be payable semi-annually at the First

National Bank of Lockland. Principal will mature $1,000yearly on October 1 from 1911 to 1920, inclusive. Biddersare required to bid unconditionally and must satisfy them-selves as to the legality of the bonds before bidding. Pro-

posals must be accompanied by a certified check for $1,000,

drawn in favor of the Board of Education on some bank in

Cincinnati or Lockland. We presume that thes* are thebonds originally advertised for sale on Aug. 27 (as stated in

358 THE CHRONICLE. [Tol. LXXI.

the Chronicle Aug. 4, page 252), and that the dates of ma-turity having been changed the time for receiving bids hasbeen extended three days.

Lowell. Mass.

—

Loan Negotiated.—This city borrowed onAugust 7 $75,000 from Estabrook & Co., Boston.Mansfield, O.—Bond Offering.—This city will sell, between

the hours of 10 A. M. and 2 p.m., Sept. 3, $50,000 h$ "sanitaryconstruction bonds." Securities are issued under authority

of House Bill No. 544 passed by the Ohio Legislature March23, 1900. They are in denomination of $500, dated Sept. 3,

1900. Interest will be payable semi-annually at the office of

the City Treasurer. Principal will mature $5,000 yearly onSept. 3 from 1902 to 1911, inclusive. A certified check for

$5,000, payable to F. M. Rsmy, City Clerk, must accom-pany proposals.Marion County (Ore.) School District No. 24.—Loan Ne-

gotiated.—The citizens of this district have taken at par anissue of $30,000 4% gold school notes. These securities will

mature on or before ten years from date of issue.

Med ford, Ore.—Bond Sale.—This town has sold an issue of

§30,000 5% bonds to a local bank.Midland, Mich.—Bonds Proposed.—Citizens of this place

are discussing the question of issuing bonds to the amountof $4,000 for sewer purposes.Milton (Pa.) School District.

—

Bond Sale.—On August 15

the $18,500 4% school bonds were awarded, $18,000 to theFirst National Bank of Milton at 101 and $500 to Mrs. LucyFicks, Watsontown, at 102. The other bids received were asfollows

:

Savings Inst'n of Williainsport. $18,601 1 W. R. Klamer, Milton ($4,000).. $4,082Milton Nat. Bank, Milton 18.500 W. J.Hayes & Sons, Cleveland

I (less $200 for expenses) #18,507* And blank bonds.

Securities mature $1,000 yearly, beginning Jan. 1, 1902, all

bonds being subject to call at any time, at the option of theboard. For full description of bonds see Chronicle July 28,

p. 200.

Minto Township (P. 0. Harriston), Ont.—Debenture Of-fering.—Proposals will be received until August 20, 1900, byW. D. M'Lellan, Clerk, for $4,392 53 4% 1-20 year (serial) de-bentures. Securities will be dated Sept. 15, 1900.

Mississippi.—Bond Offering Withdraivn.—We take thefollowing dispatch from Jackson, Miss., dated August 13,from the St. Liouis " Globe Democrat :"

At a conference of the State officials to-day 't was decided to re-call the$250,000 capitol bond issue advertised for October, it being shown that theState has sufficient cash and income for the balance of tl»e year to pay allexpenses and for the new capitol work. The $l,0u0,000 of bonds will neverhave to be issued, if the State wins pending suits against the Illinois CentralRailroad.

The offering above referred to was given in the ChronicleJuly 7 on page 48.

Mississippi County (Mo.) Levee District No. 1.—BondOffering,—Proposals will be received at any time by Boone &Lee, Attorneys for the district, for $100,000 5# 20-year leveebonds. Securities were authorized at an election held July21 by a vote of 204 to 43. Interest will be payable annually.Napoleon, Ohio.—Bond Sale.—On August 10 the $9,000 4%

1-10-year (serial) street-improvement bonds were awarded toSeasongood & Mayer, Cincinnati, at 100*255. Following arethe bids

:

Lamprecht Bros. Co.. Cleve... $9,000 00W. J. Hayes & Sons, Cleve 9.000 00

Seasongood & Mayer. Cincin..$9,023 00W. R. Todd & Co., Cincinnati. 9,076 00New 1st Nat. B'k, Columbus.. 9,010 00

New York City.—Bonds Authorized.—The Sinking FundCommissioners have authorized the issuance of $1,500,000bonds for dock improvements.

Norfolk, Va.—Bond Sale.—On August 10 the $270,000 4%30-year refunding bonds were awarded to Rudolph Kleybolte& Co., Cincinnati, at 102*117—an interest basis of about 3-88#.Following are the bids

:

R. Kleybolte & Co.. Cincin 102*117H. C. Rocbe. Bait ($10,000) 102-65New 1st Nat. Bank. Columbus. .102*04iLampreoht Bros. Co.. Cleve 10P98A. S. Leland & Co.. New York.. 101-876P. 8. Briggs & Co.. Cincinnati. ..101-70W.J. Hayes & Sons, Cleve 10166Thompson.Tenney & Crawford,New York 101569

Farson, Leach & Co., N. Y 101'6l

Seasongood & Maver, Cincin.... 101-48Denison, Prior &Co.. Cleve 101*30W. R. Todd & Co.. Cincinnati.. 101-26Mason, Lewis & Co., Chicago.. ..10V216Mottu. Dewiit & Co.. Norfolk.. .101-17H. A. Orrii-k, Baltimore 10ri5Feder, Holzman & Co.. Cincin.. .101-024N. W. Harris & Co.. New York. .100*7a7Thomas W. Shelton. Norfolk... 100*78

For description of bonds see Chronicle Aug. 4, p. 253.Northampton, Mass.—Loan Authorized.—The Committee

on Finance has been authorized by the City Council to bor-row $3,500 for bridge purposes.Northborough, Mass.—Loan Authorized.—The Town

Treasurer has been authorized to borrow $2,000 for the pay-ment of the water debt.Oxford, Miss.—Bond Offering.—We are advised by W. B.

Cowan, Mayor, that proposals will be received at his office" from Sept. 1 to Sept. 16" for $20,000 Q% 5-20-year (optional)sewer bonds.

Passaic, N. J.—Bond Offering.—Proposals will be receiveduntil 7:30 P. M., August 31, by the Committee on Finance,for $100 000 '6%% funding bonds. Securities are is denomina •

tion of $1,000, dated Aug. 1, 1900. Interest will be payablesemi annually at the Passaic National Bank. Principal willmature yearly on August 1, $3,000 from 1901 to 1920, inclu-sive, and $4,000 from 1921 to 1930, inclusive. A. D. Sullivan,City Attorney, has approved the legality of these bonds, andthe United States Mortgage & Trust Co., New York City,will certify as to their genuineness. A certified check, payableto the city of Passaic for 5% of the amount of the bid, mustaccompany proposals. Accrued interest will have to be paidby purchaser.

Pittsfleld, Mass.—Bond Sale.—On August 10 the $118,0003%% gold school bonds were awarded to R. L. Djy & Co.,

Boston, at 102*817—an interest basis of about 3-18^. Fol-lowing are the bids :

R. L. Day & Co., Boston 102*817 I Jose. Parker A Co., Boston. 102*590E. H. Rollins & Sons, Boston... 102*766 I Blodget, Merrltt & Co., Boston. 102-420Adams & Co.. Boston 102-683 Blake Bros. & Co., Boston 102260Estabrook & Co., Boston 102*619 | N. W. Harris & Co., Boston 102126

For description of bonds see Chronicle Aug. 4, p. 253.Loan Negotiated.— On August 9 City Treasurer Kennedy

borrowed $20,000 at 3}4% interest for the purpose of payingaward for damages caused by taking the waters of MillBrook.Pontiac, Mich.

—

Bonds Defeated.—At the election heldAugust 1 the propositions to issue $50,000 water bonds and$15,000 bonds for the purchase of the water privilege of thePontiac Knitting Works Company were both defeated.Preble County (P. 0. Eaton), Ohio.—Bond Offering.—The

Board of County Commissioners will sell at public auction at1 P. M. August 25 $17,000 4% bridge bonds and $13,000 4%bonds for the repair of the County Home for Children. Allthe above bonds are in denomination of $500, dated August25, 1900. Interest will be payable semi-annually and theprincipal will mature one bond of each issue each six months.The authority for the issuance of these bonds will be foundin sections 871 and 872, Revised Statutes of Ohio.

Prescott, Ariz.

—

Bond Election.—An election will be heldin this place to vote on the question of issuing $150,000 waterbonds.Putnam County, Ind.—Bonds Refused.—It is stated in

local papers that Campbell, Wild & Co., Indianapolis, whowere awarded oq June 1 an issue of $60,260 4% gravel-roadbonds, have refused the same on the ground that the issuewas not advertised sufficiently.

Red Bank (N. J.) School District.—Bonds to be Issued.—This district proposes to issue $60,000 4% bonds for a newschool house. Securities will be in denomination of $1,000B&-GJ3

Ridgefleld Park, N. J.—Bond Sate.—On August 6 theboard of trustees of this village sold an issue of $57,000 4>£g2-20-year (eerial) sewer bonds to Spitzer & Co., New York, at105*54—an interest basis of about 3%%. Securities are in de-nomination of $1,000.

Rochester, N. Y.—Bonds Authorized.—The Common Coun-cil has authorized the issuance of $100,000 %%% 20-year Hem-lock watershed bonds.Saginaw, Mich.

—

Bonds Authorized.—An issue of $6,000Western Taxing District sewer bonds has been authorized.Saline County (Mo.), Salt Pond Township.

—

Bonds Regis-tered.—The State Auditor on August 8 registered an issue of$25,000 4% 20-year refunding bonds of this township. Securi-ties are in denomination of $1,000, dated August 1, 1900.

Sandnsky, Ohio.

—

Bond Offering.—Proposals will be re-

ceived until 12 M. August 5J2, by A. W. Miller, City Clerk,for $6,000 4% street-paving bonds. Securities are in denomi-nation of $500, dated July 1, 1900. Interest will be payablesemi-annually at the office of the City Treasurer. Principalwill mature yearly on July 1, $500 from 1902 to 1908, in-

clusive, $1,0^0 in 1909 and 1910 and $500 in 1911. A certified

check for $1,000 will be required.Proposals will also be received by the City Clerk until

12 m. September 8 for $9,000 4% 10 year refunding bonds. Se-curities are dated Sept. 1, 1900. Interest will be payablesemi-annually at the office of the City Treasurer. A certified

check for $1,(300 will also be required.Saratoga Springs, N. Y.

—

Bond Sale.—On August 15 the$25,000 4% water and sewer-extension bonds were awarded asfollows

:

$5,000 due. Basis. I $5,000 due. Basis.1902, L. H. <:ramer@lC2-00 2-964% 1 1905, L. H. Cramer@104-66. 2 99*1903, I,. H. Cr»mer@102-96 2*966*4 I 1906, L. H. Cramer@105-76 2-946*1901, J. H. De Kidder@104-00 2*933*

|

The average price of the above awards is 103*874, and theaverage yield about 2 96^. For description of securities seeChronicle Aug. 4, p. 254.

South Portland, Me.

—

Bonds Authorized.—The issuance of

$18,000 sewer bonds, to bear the date of Sept. 1, 1900, has beenauthorized by the Board of Aldermen.Sparta (Mich.) School District.—Bond Sale.—On August

15 the $9,000 4% bonds were awarded to the Sparta StateBank at 101*66. Following are the bids :

Sparta State Bank $9,160 00 I Trowbridge* Niver Co., Chlc..$8,030 00W . J. Hayes & Sons, Cleve. . . . 9,024 00 |

For description of bonds see Chronicle July 28, p. 203.

Springfield, Ohio.—Bond Sahs —Tnis city has sold six

issues of bonds as follows : $9,701 85 North Fountain Avenuepaviog bonds to Farson, Leach & Co., Chicago, at 111*44;

$15,431 71 North Fountain Avenue paving bonds to the samefirm at 111-46; $4,707 62 South Center Street paving bonds tothe Springfield Savings Bank at 111*72; $^68 74 PrimroseAlley paving bonds to the Firemen's Pension Fund of Spring-field at 106*19, which also received the award of $2,098 93South Center sewer bonds at 106 19; $10,000 general street

improvement bonds were awarded to Seasongood & Mayer,Cincinnati, at 109-80.

Stockton, C&l—Description of Bonds.—The $22,000 4% out-fall sewer bonds in denomination of $">50 and the $30,000 4%rain-water sewer bonds in denomination of $750, mention ofwhich was made in the Chronicle May 12, will be datedSept. 10, 1900. Interest will be payable March 10 and Sept.

10 at the office ot the City Treasurer. Principal will matureone bond ot each series yearly on Sept. 10 from 1901 to 1940,

inclusive.

Tarentnm, Pa.—Bond Sale—On August 13 the $10,000 5*8-28-year (optional) curbing and paving bonds were awarded

August 18, 1900.] THE CHKONICLE. 359

Equitable Trust Co 105-40W. J. Hayes & Sons, Cleve K 4-88Denison, Prior & Co., Cleve 10420

City Nat. Bank, Tiffin $54,76140I..amprecht Bros. Co., Cleve. 64,6'

, 00New 1st Nat. B'k. Columbus. 64,650 60Tiffin Nat. Bank. Tiffin 54,5 >1 00W. J. Hayes & Sons. Cleve... . 64,027 00

to the National Bank of Tarentum at 105*25—an interest basis

of about 4'22# if bonds are redeemed at their optional dateand 4-66# if allowed to run their fall time. Following arethe bids received :

National Bank of Tarentum. ...105-26

Lamprecht Bros. Co.. Cleve. .. .107-00

Farson, Leaeb & Co.. Chicago....106 80W. K. Todd* Co., Cincinnati.... 105-80

For description of bonds see Chronicle July 29, p. 203.

Tiffin, Ohio.—Bond Sale.—On August 10 the $54,000 4£15-year refunding bonds were awarded to W. R. Todd &Co., Cincinnati, at 104'261—an interest basis of about 3*63#.

Following are the bids :\

W. B. Todd A Co.,Cincinnatl. 5«,301 00R. Kleybolte & Co.. Cincin... . 65.350 00Seasonuood & Mayer, Cln.... 65.20<i 00Feder, Holzman A Co., Cin.. . 66.100 oo8. Kuhn A Sons. Cincinnati.. 66,030 00Atlas Nat. Bank, Cincinnati.. 64.825 00

For deecription of bonds see Chronicle July 21, p. 151.

Topeka, Kan.—Description of Bonds.—The $31,982 96paving bonds which we reported last week as having beensold were taken by E. D. Shepard & Co., New York City.

These securities carry 5% interest and mature in ten years.

Walworth County (P. 0. Bangor), S. D&k.—Bond Offer-ing.— Proposals will be received until 2 p. m., October 4, byGeo. L. Baumgarten, County Auditor, for $10,000 H 10-yearrefunding bonds. Securities are issued under authority ofSection 1, Chapter 32, Laws of 1891. They are in denomina-tion of $100. Interest will be payable semi-annually at theoffice of the County Treasurer. The total bonded debt, in-

cluding this issue, is $10,000, and the warrant indebtedness is

$6,000. The assessed valuation is $1,488,166.

Wapakoneta, Ohio.—Bond Sale.—On August 13 the $40,-

800 4$ street improvement bonds were awarded to RudolphKleybolte & Co., Cincinnati, at 100-49—an interest basis ofabout 3 '90#. Following are the bids :

Lamprecht Bros. Co., Cleve.*$40.875 00Seasoneood & Mayer, Ciucln. 40,853 00W. R. Todd &Co.. Cincin '40,800 00First Nat. B'k, Wapakoneta(for $U.8tO) 14,825 00

• City officials aver that these bids did not comply with the requirements ofthe notice of sale, and were therefore not considered.

For description of bonds see Chronicle Aug. 4, p. 255.

Wardner (Idaho) School District.—Bond Sale.—The$8,500 8% 5-10-year (optional) gold school bonds originally

R. Kleybolte A Co., Cincin.. .$»1,000 00New 1st Nat. B'k. Columbus. .»41,146 20P. S. BrigesA Co.. Cincin *4l,l2?>0oFeder, Holzman & Co., Cln... 40,910 00

offered for sale on June 24 were sold on July 9 to Duke M,Farson, Chicago, at 104 "41. For description of bonds seeChronicle June 9, p. 1166.

Waterloo (N. Y.) Union Free School District No. 1.—Bond Offering.—Proposals will be received until 8 p. M.,

August 31, by Dr. Geo. A. Bellows, Secretary Board of Edu-cation, for $31,000 %%% gold bonds. Securities were voted ata meeting held in the district Oct. 19, 1899. They are in de-nomination of $1,000, dated Sept. 15, 1900. Interest will bepayable annually at the Mercantile National Bank, NewYork City. Principal will mature $1,000 yearly on Sept. 15froin 1901 to 1931, inclusive. A certified check or draft for

$500, payable to the District Treasurer, must accompanyproposals. The district has no other indebtedness. The as-sessed valuation is $1,984,201.

Whitesboro, N. Y.—Bids.—We give below a list of thebids received Aug. 10 for the $40,000 3*4% gold sewer bonds :

N. W Harris & Co.. New York. . . 103-16Lamprecht Bros. Co., Cleve 103 05W.J. Hayes & Sons, Cieve 103-05Geo. M. Hahn, New York 102-H9Walter Stanton & Co., n. Y 102-78J no. D. Everitt & Co.,N. Y 10104

As stated last week, the award will probably be delayed

Winton Place, Ohio.—Bond Sale.—On Aug. 13 the $25,000

H 20- year street-improvement bonds were awarded to theAtlas National Bank, Cincinnati, at 100*75—an interest basisof about 3'94^, and the $55,000 4% 20-year sewer bonds tothe Fifth National Bank, Cincinnati, at 100955—an interestbasis of about 3 -9o% For full description of bonds seeChronicle July 14, p. 101.

Wrlghtsville, Wa.

—

Bond Offering. —Proposals will be re-ceived until October 3 for $15,000 H 30-year gold electric-

light and water bonds. Interest will be payable semi-annu-ally at the Hanover National Bank, New York City. Bondswere voted at the election held Aug. 6, 1900.

Denison, Prior A Co.. Cleve...10VOOR. Kleybolte* Co., Cincinnati.1008125Jose, Parker & Co., Boston . . 100-6626I. W. Sherrill, Poughkeepsie(for 3-36s) 100-00

STATE AND CITY DEBT CHANGES.Hartford, Conn.—Miles B. Preston, Mayor; C. C. Strong

Treasurer. The town and city of Hartford were consolidatedon April 1, 1896, and their debts are no longer reported sep-arately.

NEW LOANS.^17,000

CITY OF KIRKWOOD,St. Louis County, Missouri,

ELECTRIC - LIGHT BONDS.Sealed bids will be received until 8 o'clock P. M.

September 1st, 1900. for Electric-Lifjht Bonds, to beissued by the City of Kirkwood, St. Louis County,

Missouri.

Bonds being of denomination of $1,000 each, ag-

gregating 817,000. Interest if. per annum, payable

semi-annually.

Bonds will be dated September 1st, 1900, duetwenty years thereafter, redeemable at the option

of the Board of Aldermen after ten years.

Principal and interest payable either at the Bankof Kirkwood, or at a Bank in the City of St. Louis

(to be designated by the City Treasurer) at the

option of the purchaser.

Cost of preparing, printing or lithographing andregistering to be borue by the purchaser.

Bids to be addressed to J. G. Hawken, City Clerk.

The Board of Aldermen reserves the right to reject

any or all bids.

The present bonded indebtedness of the

City of Kirkwood is 115,000

Assessed valuation $1,338,000

Actual valuation $1,672,500

Estimated population 3,300

Tax rate for 1899 f>M mills

Vote for bonds carried by a vote of more than29tol.By order of the Board of Aldermen.

J. G. HAWKEN, City Clerk.

Investment SecuritiesFOR

WINGS BANKS and TRUSTFUNDS

5* BONDS A SPECIALTY.

EDW. C. JONES & CO.,NEW YORK.PHILA.. - .

- 1 NASSAU STREET.- 113 SO. FOURTH ST.

MUNICIPAL BONDS.E. O. STANWOOD & Oo.,

BANKERS,

121 Devonshire Street.

BOSTON.

NEW LOANS.saoo,ooo

City of Atlantic City, N. J.,

WATER BONDS.The City of Atlantic City will receive sealed pro-

posals for $200,000 Gold Coupon Water Bonds In

denominations of $1,000, dated July 1, 1900, matur-ing July 1, 1930, without option, free from tax, withinterest at i per cent, payable semi-annually at the

Hanover National Bank, New York City.

The City Comptroller will receive bids for thesebonds until 12 o'clock M. of

MONDAY, AUGUST 87. 1900,

reserving, however, the right to reject any or all

bids.

THE LEGALITY OF THESE BONDS HASBEEN APPROVED BY DILLON & HDBBARD,of New York, whose certificate as to legality will

accompany the bonds when delivered.

Particulars and blank forms of proposal furnishedon application to

A. M. HESTON, Comptroller.

Government and

Municipal BondsBOUGHT AND SOLD.APPRAISEMENTS MADE OR QUOTATIONS

FURNISHED FOa THE PURCHASE, SALE OREXCHANGE OF ABOVE SECURITIES.

LISTS ON APPLICATION.

N. W. HARRIS & CO.,BANKERS,

31 NASSAU ST. (Bank ofCommerce Bldg.)

James N. Brown & Co.,Bankers, 62 Cedar Street,

DEALERS IN

HIGH-GRADEInvestment Bonds and Stocks

UNLISTED SECURITIES.

MUNICIPAL BONDSSecurities Netting from 3^ to 6f

ALWAYS ON HANB.Bend for our Investment Circular.

DUKE M. FARSON. Banker,Municipal Bondi. 115 Dearborn Stro*i

CHICAGO.

INVESTMENTS.

DENISON, PRIOR & OO.DEALERS JIT

High Grade Bonds.

SEND FOR LISTS.

8 Exchange Place, Boston.

121 Euclid Avenue, Cleveland.

MUNICIPAL,RAILROAD and

CORPORATIONBONDS

TO NET FROM 4X TO 6*,

CORRESPONDENCE SOLICITED.

C. H. WHITE & CO.BANKERS,

71 BROADWAY, NEW YORK.

AGENTS FOR THEANGLO-AMERICAN BANK, Ltd.,

Charing Cross, London,

TROWBRIDGE& NIVER CO.,

MUNICIPAL BONDS,First National Bank Bldg.,

CHICAGO.

330 THE CHRONICLE. [Yot. LXXI,

LOANS-NAME AND PURPOSE.

Interest.—

>

Rate Payable.Funding bonds 1893 4g, J & JPark improvement.. 1896 3!2,g. J & Jdo 1898 3^,g,J & J

Paying bonds. 1898-1900 3 i2.g, J & Jdo 1900 3*2,g. J & J

Munioipal bonds.... 1^98 3>s,g,J & JPolice department.. 1898 3«s,g, J & JConsolidated bonds*.1889 3 J & JRefunding bonds.... 1897 3^g, J & J

do do ....1897 3^, M & NImprovementbonds.1897 3hg, J & JWater 1892 5 J & Jdo 1893 4g. J & Jdo (Reservoir)... 1893 4g. J & J

When Due.July 1, 1918

1,

1,1.

i,

i.

i,

i,

i,

-Principal.

Jan.Jan.Jan.Jan.Jan.Jan.JulyJan.May 1,Jan. 1,July 1,July 1,July 1,

1926192619381930193819231909192219221922190019181918

* Non-taxable.(Subject to call after July 1, 1908.)

Outstand'g.$290,000150,000150,000200,00020,000

200,00075,000750,000800,000270,000250,00048,000

475,000200,000

INTEREST on all of the city bonds is payable at the city treasury

TOTAL DEBT, Etc-April 1, 1900. Apr. 1. 1899. Apr. 1, 1898.

Total bonded debt $3,878,000 $3,960,000 $3,960,000floating debt 233,405 282,211 121,455

Total debt $4,111,405 $4,242,211 $4,081,455Sinking fund 450,012 380,326 313,732Water debt (included) 723,000 925,000 |925,000

WATER DEPARTMENT is self sustaining, raising from waterrents $30,000 to $40,000 each year above interest on its bonds and all

ordinary expenses.

ASSESSED VALUATION AND TAX RATE-Years. Real Estate. Personal Property. Total,1899 $48,300,0351898 46,265,1301897 44,064,1481896 39,471,4281895 36,808.4881890 30,596,2381889 30,171,8851888 27,847,349

$20,542,39217,594,59317,267,10016,163,05516,403,19316,629,08616,048,47919,500,122

$68,84 >,42763,859,72361,331.24855,634,48353,211,68147,225,32446,220,36447,347,471

Tax Rale.*$17-50"17-50•17-00*17001700205020-502050

School tax (average $3 per $1,000) additional.

POPULATION.—In 1900 the population of Hartford was 53,230in 1880 it was 42.553; 1900 estimated at 78.000.

Johnstown, N. Y.—W. S. Sammons, Supervisor.This is a town in Fulton County. The city of Gloversville was

formed out of a portion of its domain in 1890 and the city of Johns-town was subsequently formed. The old town debt given below(namely, $23,000) mud be divided between the present town ofJohnstown and tLe city of Johnstown.

LOANS— When Due.Refunding Bonds—

4s, F&A, $8,000 1901-1904($2,000 due yearly on Feb. 1.)

4s, F&A, $5,000 1901-1905($1,000 due yearly on Feb. 1.)

4s, F&A. $10,000.... Feb. 1,1901Nkw Town Bonds—

4s, F&A, $1,400.... Feb. 1,1901($200 due yearly) to Feb. 1, 19074s, F&A, $3.000.... Feb. 1,1908($500 due yearly) to Feb. 1, 1913

I NTEREST on the refunding bonds due in 1901 and those due from1901 to 1905 in Johnstown.

Kingston, N. Y.—James E. Phinney, Mayor; John T. Cum-mings, Clerk. This city is the capital of Ulster County.

Old town debt Mar.l. 1900.$23,000New town debt March 1.1900 (additional) .. .. 4,400Bonds are tax exempt.

Town's assess'd val'n'99.1,059,241Assessment about 7s actual value.Total tax (per $1,000) '99...$11-60Population in 1890 was 10,959Population in 1900 (est.) . . . .11,000

LOANS— -

—

Interest.—

>

NAME AND PURPOSE. Rate. Payable.Refunding 4 J & J

do 4 J & Jdo 4 J & Jdo 3 J & Jdo 3 J & J

Wallkill Valley RR 7 J & JWater bonds, 1896 3^ semi-an.

-Principal.

do do 1897 4

Promissory notes 4

semi-an.

When DueJan. 15, 1901Jai. 15, 1903Jan. 15, 1912Jan. 15, 1914Jan. 15, 1915Jan. 15, 1901

< 1912 to 1936I ($24,000 yearly

1913 to 1937$6,000 annually >

March, '00'04

Outstand'fl.$25,00013,00025.00036,50031,500

169,200

600,000

150,000

21,044Mar.

All the refunding bonds are optional and are now subject to call.

TOTAL DEBT—The total debt on Jan. 1,1900, was $1,071,244,including $750,000 water debt and $^1,044 promissory notes.

ASSESSED VALUATION in 1899 of real estate was $11,077,634;personal property, $1,977,750; total $13,055,384; tax rate (per$1,000) 1899, $18-40. Real estate is assessed at " about 80 per centof its actual value." In 1880total assessed valuation was $6,577,904.

POPULATION.—The population in 1890 was 21,261; in 1880 it wu18,344; in 1898 it was 25,781.

Mnncie, Inrt.—T. H. Barton, Treasurer. This city is thecounty seat of Delaware County.

LOANS— When Due.General City Debt—

5s, M&N, $15,000....May 15, 19015s, J&D, 10,000.... Dec. 15, 19065s, Var., 23,000.. .Feb.&Dec.'095s, J&D, 15,000. . . . Dec. 15,19115s, A&O, 25,000....Apr. 15, 19125s, F&A, 10,000.... Feb. 15, 19135s, F&A, 20,000.... Feb. 1.1914

Total general city debtApr. 1,1900 $118,000

Tax valuation, real 5,328,185Tax valuation, personal. 2,123,195Total valuation 1899....7,451,380Assessment about ^ actual value.Total tax (per $1,000) '99. .$24-60Population 1890 was 11,345Population 1900 (est.) 27,738

INTEREST is payable in New York.

Msry^sTiyi^EjNrT^

ADAMS & COMPANY,BANKERS,

DEALERS IN

INVESTMENT BONDS.Members of Boston Stock^Exchange.

No. 7 Congress and 31 State Streets,

BOSTON.

£. H. ROLLINS & SONS,BANKERS.

Bonds for

Permanent Investment19 Klilk Street, BOSTON.Denver. San Francisco.

MASON, LEWIS & CO.,BANKERS

CHICAGO,Dlonadnock Building.

BOSTON,60 Devonshire St.

MUNICIPALRAILROAD BONDSCORPORATION ***'***'**•

Choice Issues.

Street Railway and Gas CompaniesLIST ON APPLICATION.

Charles Whann & Co.,

DEALERS IN

MUNICIPAL and RAILROADSECURITIES.

71 RROADWAT • NEW YORK.

INVESTMENTS.

London and Paris

Exchange, Ld,

Bankers and Exchange Agents.

HE I) OFFICE:24 Throgmorton St., London, E. 0.

Business undertaken in all Securitiesquoted on the London and ContinentalExchanges.

CORRESPONDENCE RE TERMSINVITED.

Blodget, Merritt & Co.}

BANKERS-!

16 Congress Street, Boston.

13 Wall Street, New York.

STATE. CITY & RAILROAD BON1**

MUNICIPAL BONDS.

John Nuveen & Co.3

INVESTMENT BANKERS,1st National Bank Building, Chicago

Correspondence solicited.

Reference.. Ftrst National Bank, Chicago.

A.R.Macfarlane&Co.BANKERS AND BROKERS,

DULUTH. MINN.[Members American Bankers' Ass'n.J

DEALERS IN

Commercial Paper, Mortgage Loans,

Local Stocks and Real Estate.

Act as agents for non-resident property owners andInvestors.

F. R.FULTON & CO.,

Municipal Bonds,171 la salle street,

CHICAGO.

INVESTMENTS.

Geo. D. Cook Company.INVESTMENT SECURITIES.

238-240 La Salle Street,

CHICAGO.New York Office, 52 Broadway,

The Lamprecht Bros. Co..

MUNICIPALAND OTHER HIGH-GRADE

BONDS.Cleveland, Ohio, - 197 Superior Street.

EASTERN BRANCH:New York City, - - 52 Broadway.All securities having a Cleveland market bought

and sold.

LAMPRECHT BROTHERS A CO.,Members New York and Chicago Stock Exchanges.

T. B. POTTER,MUNICIPAL and omvincCORPORATION BUNU&

>

172 Washington Street,

CHICAGO, - - • ILLS.

LIST ON APPLICATION.

DOUBTFULSecurities.

Send list of vour stocks and bonds of dosbtfo]

value, and learn terms on which full Information will

be.furnished and value if any realized.

The Investors' Agency,(M. L. SCUDDER. Prop.).

32 Liberty Street, New York.

EDWIN R. LANCASTER,INVESTMENT SECURITIES.Southern Securities a Specialty.

10 WALL STREET. NEW YOKK.