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HUNT’S MERCHANTS’ MAGAZINE, A WEEKLY NEWSPAPER xpxxsmtmQ the industrial and ^innncinl ^èàtxxsts of tîxe Waited states. VOLUME L)L JANUARY TO JUNE, 1895, INCLUSIVE. WILLIAM B. DANA COMPANY, PUBLISHERS, PINE STREET, cobkee PEARL STREET, NEW YORK. 1 [Entered aec rding to Act of Congress in the year 1895, by W illiam B. D ana Company , in office of Librarian of Congress, Washington, D. C.] Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

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Page 1: HUNT’S MERCHANTS’ MAGAZINE, · HUNT’S MERCHANTS’ MAGAZINE, A WEEKLY NEWSPAPER xpxxsmtmQ the industrial and ^innncinl ^èàtxxsts of tîxe Waited states. VOLUME L)L JANUARY

HUNT’ S MERCHANTS’ MAGAZINE,

A W E E K L Y N E W S P A PER

xpxxsmtmQ the industrial and ^innncinl ^èàtxxsts of tîxe Waited states.

VOLUME L) L

JA N U A R Y TO JUNE, 1895, IN CLU S IV E .

WILLIAM B. DANA COMPANY, PUBLISHERS,PINE STREET, c o b k e e PEARL STREET, NEW YORK. 1

[Entered aec rding to Act of Congress in the year 1895, by W il l ia m B. D a n a Co m p a n y , in office of Librarian of Congress, Washington, D . C.]

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 2: HUNT’S MERCHANTS’ MAGAZINE, · HUNT’S MERCHANTS’ MAGAZINE, A WEEKLY NEWSPAPER xpxxsmtmQ the industrial and ^innncinl ^èàtxxsts of tîxe Waited states. VOLUME L)L JANUARY

I N D E X

State <3c City Supplement, April 13, 1895, Page 182State & City Department, April 27, 1895, tt 764Municipal Bonds (Quotation Sup. ) May 11, 1895, tt 27Municipal Bonds,(Quotation S u p . ) June 8, 1895, n 27State & City Department, May 25, 1895, it 943State Sc City Department, June '.29, 1895, ft 1161

I N D E XTO THE

SIXTIETH VOLUME,

Embracing the Numbers from January I to June 30, 1895.

Editorial and Communicated Articles.

P age .A frica’s Gold Production........................ 201

msterdam Johnstown & Gloversville RR.—X. Y. Supreme Court DecisionAgainst......................................................... 950

Anthracite Coal Production__ .153, 323,499, 682,1076

Anthracite Coal Production and Prices... 153 Anthracite Coal Roads, Presidents’ Meet­

in g . . . . . ......................................................... 4Ö&Atchison Reorganization Plan........... 628, 685Atchison Reorganization Plan and Busi­

ness Development................................. 452Atchison Reorganization Plan Declared

Effective........................................ 1030Australasia, Gold and Silver Mining in

1894............................................................. 1087Australian Gold and Silver Production

Since 1871.................................................... 202

Baltic Canal, Approaching Opening of. 414 altimore & Ohio RR. Passes Dividend 414

Bank Clearings Refit ct Business Improve­ment....................................498, 852, 900, 984

Bank Clearings and Speculation in 1894.. 60Bank of England in 1894.............................. 157Banks, New York, Restore Interest Rate

on Interior Deposi ts.................................... 947Banks, Savings, Effects of the Absence of

Restrictions.......................................... 546Banks, Savings, Encouraging Condition of 278Bimetallism and English Elections........... 946Bimetallism in Europe...............371, 853, 946Bimetallism in Germany............................... 852Bimetallism and the Ministerial Change

in Great Britain.......................................... 1125Bimetallism, The New Agitation in Europe 371Bismarck’s Birthday and Baltic Canal___ 414Bond Bill Defeated in House....................... 236Bond Contract with Syndicate by the

President—What It Has Saved Us From274, 322, 324, 368

Bond and Currency Measure Wanted—Senator Platt’s (Conn.) Plan.................... 104

Bond and Currency Reform and Chamberof Commerce (N. Y .)......... 148

Bond, Gold, Authorization Needed at Once102,104, 148

Bond Issue Rumored and Withdrawals ofGold.................................................... 192, 195

Bond Sale, Conditions Which Made ItNecessary.................................................. 331

Bond Sale and GovernmentCred.it........... 324Bond Sale Negotiated by the President... 236 Bond Sale, President Cleveland’s Message 244 Bond Sale—Text of Syndicate Contract for

Sale of Gold................................................ 282Bond Sales of November and February

Contrasted......................................... 406, 410Bond Syndicate Contract Closed and State

of Gold Reserve................ 1122Bond Syndicate Distribution of Profits... 853 Bond Syndicate, Italy’s Forecast of Oper­

ations o f ..................................................... 548Bond Syndicate Operations Nearing a

Close........................................... 1033BondSyndicatePayment to Sub-Treasury 1076 Bond Syndicate and Treasury Prospects. 409 Bonds (Railroad) of One Company Secured

by the Mortgage of Another.................... 731Bonds of United States—Are They Pay­

able in Gold1?. .1........... 277Breadstuff's, Receipts at Lake and River

Ports (monthly)..65, 280, 459, 638, 820,1039 Breadstuffs, Sales at New York in 1894.. 62Brown, Justice, Address on Problems of

Modern Society.......................................... 1126Business Conditions in 1894 and Mercan­

tile Failures— .................... 6

Cable and Railway, Agencies of Com­merce and Progress. ................ . - 952

Canada, Business Prospects in.................. 1030

P age .Canada, Sault Ste. Marie Canal Opened.. 1035 Canada Southern RR., Half-yearly State­

ment............................................ ; ............... 1129Canadian Pacific RR. Annual Report....... 586Canadian Pacific RR. Passes Dividend on

Common Stock............................................ 369Capital Still Repelled by Texas Railroad

Commission..... ........................................... 455Carlisle’s (Secretary) Speeches on Free

C 'in a ge .............................................900, 904Central Pacific RR. and Its Subsidy In­

debtedness.................................................. 989Central RR. of New Jersey Annual Report 369 Cbamber of Commerce (N. Y.) Bond and

Curr&ncy Reform..................................... 148Charter Rights (Railroad) After Reorgan­

ization \ . . . . ............................................... 730Chicago & Alton RR. Report and the Bur­

den of the Railroads................................ 326Chicago Burlington & Quincy RR. Annual

Report...!....................... 633Chicago Milwaukee & St. Paul RR. Re­

duction ofiDividend.................................. 452Chicago & J Northwestern RR, Income

Statement for 1894.................................. 242Chicago & (Northwestern RR. Reduces

Dividend.Lv............................................... 984Chicago Rock Island & Pacific RR. An­

nual Report.............................. 988City Bond Sales (month!v)... 93, 312, 445,

! 721„ 847,1070Clearings Compared, Values Equalized,

Cotton Prices..... ....................................... 498Clearingpand Speculation in U. S. in 1894 60Clearing® by Telegraph........30, 245, 417,

7 591,778, 995Clearings in U. S. (monthly)........ 61, 238,l 408, 582,766, 767, 768, 986

Cleveland's (President) Appeal for SoundMonfy................................................. 684, 690

Cleveland’s (President' Message Regard­ing Bond Sale ........................ . ....... . 244

Cleveland'«* (President) Message Regard­ing the Gold Reserve................................ 205

Coal Production, Anthracite___153, 323,499,682,1076

Coal Production and Prices, Anthi acite 153Coal Roads, Anthracite, Presidents’ Meet-

in g ........ ..................................................... 498Congress, Adjournment of—The Chief Ob­

stacle to Business Revival Removed__ 406Congress Has Impaired the Currency and

Must Reinstate It ........................... 195Congress, Much Apathy and Hostility to

Currency Reform..... .................... ...192, 195Congressional Action and Inaction De­

structive of Government Credit__ 236,274,322, 368ConstructionNew Roads, Limiting of, N.Y.

Supreme Court Decision.......................... 950Corn, Production in U. S. in 1894............. 59Cotton Aciv age, Stand, Condition in 1895 991 Cotton, Consumption and Overland Move­

ment (monthly)........... 7, 204, 375, 590, 775Cotton Manufacturing at Fall River........ 859C otton R eceip ts at Southern Ports

(monthly).................. 64, 280, 459, 821, 1039Cotton States Exhibition and Southern

Resources................................................... 501Cotton Supply and Consumption in Europe

(by cables.................................................. 155Court Ordering Railroad Building........... 240Crops of 1894........................... 58Crops, Condition of............................! " ” 1032Crops, Winter Wheat, &c., Injury to and

Condition................................... 946, 984,1030Currency ajid FinancialDislocation—How

to Relieve It............................................. 195Currency Rills (Carlisle and other) and

Party Caucus................................56,58, 104Currency Bond Bill Defeated in House... 236Currency Holdings, Treasury.......4, 411,

586, 988

7125

Page .Currency Reform Calls for a Non-Parti-

san Measure..........................................58, 104Currency Reserve—Bond Sale Negotiated

by President......................... 236

Debs’ Methods, United States Court De­cision Against...................................... 949

Delaware & Hudson Canal Co. AnnualReport................................ 192

Delaware Lackawanna & Western RR.Annual Statement..................................... 149

Depew, Mr., Speeches on Cable and Rail­way as Agencies of Commerce and Pro­gress ............................................................ 952

Dividend Announcements.......................... 452Dividends, Railroad, in 1894..................... 109Dividends, Seven Years. See Investors’

Supplement, January.

E lection Expenses Paid by the North, a Sure Way to Defeat Free Silver inthe South................................................ 1078

Electric Roads, Widening Use of, &o. See Street R ailway Supplement, March.

Ellison’s Annual Cotton Review for 1894(by cable).................................................... 155

England, Business of in 1894.................... 157England, Interesting Rate Case in............ 817England, New Political Situation in........ 1128Exchange (Foreign) High Rate Benefits

Syndicate and No Indication of GoldExports.......................................540,682, 766

Exchange (Foreign) Higher Rates—Rea­sons for...................... 984

Failures First Quarter 1894.................... 641allures in 1894—The Strain and the

Result................................................. eFall River Mill Dividends.................... 859Financial Review (monthly)... . 207, 377, 592 Financial Situation. «S'ee First articleeach

week.Foreclosure (Railroad), Charter Rights

After............................................................ 730Foreign Exchange, High Rates Now No

Indication of Gold Exports__ 540, 682, 766Foreign Exchange, Higher Rates—Rea­

sons fo r ....................................................... 984Foreign Exchange, Rise in—Go td Exports

Prevented.................................................. 368Foreign Indebtedness of United States

and Annual Fixed Charges___542, 585,628. 630, 769, 814

Foreign Purchases of Our Securities—Great Activity in ...................... 814

Foreign Trade, Our Exceptional Position 107 Foreign Trade Movement (monthly).. 103,

276, 454, 684, 854,1077 France and Great Britain—Strained Re­

lations........................ J .... 588Free C oin age, S e cre ta ry C a r lis le ’ s

Speeches on......................................... 900, 904Free Silver and False Figures Natural

Allies................... 1036Free Silver Received a Set-back at Ken­

tucky Convention....................................... 1122French Crisis—The Resignation and the

Election.................... 102, 105

Germany, Imperial Bank Report—GoldHoldings and Dividends.................... 505

Germany, Opening of the Baltic Canal... 414 Gold, Are Government Bonds Payable in 1 277 Gold Exports, Continued Suspension of

Increases Confidence................................ 452Gold Exports Prevented by Syndicate.. . . 368- Gold Exports with Commerce on an Even

Keel—How Far Necessary?___540, 542,„ , , , , . . 630, 769Gold Mining in 1894 in Australasia..........1087Gold Outflow and Business Dislocation...

148, 192”

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Page 3: HUNT’S MERCHANTS’ MAGAZINE, · HUNT’S MERCHANTS’ MAGAZINE, A WEEKLY NEWSPAPER xpxxsmtmQ the industrial and ^innncinl ^èàtxxsts of tîxe Waited states. VOLUME L)L JANUARY

January-Jane, 1895.] I N D E X .« y ,

m

5

Page.Gold Production of Afri 3a................. 203Gold Production of Australia Since 1871. 202Gold Production of Russia..................202, 910Gold Production of the U. S....................... 199Gold Production of World—Annual Fig-

urges from 1871 to 1894................... 199'Gold Production of World 1894, Mint Re­

port of..................................................910,1087'Gold Purchase hy. President from Syndi­

cate—What It Has Saved Us From .247,322,324, 368

‘Gold Reserve, President Cleveland’s Mes­sage Regarding...................... 205

Gold Supply Increased by Syndicate Op- ^Gold Syndicate Contract Closed and State

of Gold Reserve.............. 1122Gold, Syndicate Contract for Sale of—

Text o f......................................................... 282Gold, Syndicate Operations Nearing a

Close..............................................................1033Gold Syndicate Payment to Sub-Treasury 1076 Gold, United States Imports and Exports

of (monthly)... .103, 276, 454, 684, 854,1077 Gold, Week’s Withdrawals from Treasury

and Rumored Bond issue................ 192, 195Gold, Why We Export It—The Theory of

Large Fixed Charges Dismissed___542,585,628,630, 769

'Grain Crops of 1894.................................... 58Great Britain in 1894.................................. 157Great Britain and Fran ee—Strained Rela­

tions ........ : .................................................. 588Great Britain, interesting Rate Case in.. 817 Great Britain, Ministerial Change in,

and Bimetallism.......................................... 1125Great Britain’s Politics—Lord Roseberry’s

Health and Contemplated Resignation. 457 Gresham, Secretary of State, Death o f___ 946

Income Tax Decision as Affecting Gov­ernment Finances................................. 903

Income Tax Decision and What It Fore­shad owe ........ ...... . . . . .. . . .9 0 0 , 902

Income Tax Law, Amendments to ........... 332Income Tax Law Rehearing...............728, 814Income Tax Law,Supreme Court Decision

582,628. 640Interest, Question in .................................... 462Interest Rate on Interior Deposits Re­

stored ........................................................ 947International Railway Congress................ 1083Inter-State Commerce Commission—Sta­

tistics of United States Railways..........1079Investors’ Supplement, Changes Affect­

ing ............ 148Iron Furnaces in Blast.56, 274, 628, 815,1031Iron Production in the U. S........................ 453Iron Production of Leading Countries on

Small Scale................................................. 733Iron Trade of the U. S., Features in .......... 151Iron Trade of theU. S. More Active. .628, 815 Iron and Steel Trades, Improvement in

and Advance in Prices...............................1030Italian Elections—Crispi’ s Triumph.......... 953Italy’s Forecost of the Operations of Our

Bond Syndicate................................. — 548

J apan and the Demands of Russia........ 907apan and Formosa................................. . 947

Japan, Further Victories for..............243, 408Japan Grants Armistice to China Pending

Peaoe Negotiations.................................. 584Japan-China Peace Settlement and Euro­

pean Interference................................— 818Japan-China Peace Treaty—End of War

in the East...........................................683, 687Japan-China Peace Treaty, Russian Ob­

jections t o .................................................. 774

K entucky Convention and its Anti-FreeSilver Action....................................... 1122

King’s Hand Book of New York City (Book Notice).............. .. 505

I abor—American Railway Union- U. S.A Court Decision Against Debs............ 949

Lake Erie & Western RR. Annual Report. 548 Lake Shore & Michigan Southern RR.

Annual Report.......................................... 773Lake Shore & Michigan Southern RR.

Half-yearly Statement................... 1129

M arkets, Review of (monthly). See Quotation Supplement.

Massachusetts Railroads in a Year of De­pression .................................. 197

Merchandise, U. S. Imports and Exports(monthly)..........103, 276, 454, 684, 854,1077

Mexican Central RR. Annual Report...... 734Mexican International RR. Annual Rept.. 589 Mexican National RR. Annual Report.. . . 503Mexico’s Silver Production................. 203Michigan Central RR. Annual Report...... 777Michigan Central RR. Half-yearly State­

ment..............................-............................ . 1129Mobile & Ohio RR., Plan for Liquidation

of Floating D ebt....................................... 954Modern Society, Problems of....................... 1126Money Market, Future o f............................ 728Money Market and the Syndicate— 452, 498 Monthly Review—Financial and Commer­

cial. /See Quotation Supplement (May- June).

Morton’s (Governor) Message.................... 5Municipal Bond Sales (Monthly) .93, 312,

445, 721, 847,1070Municipal Bonds—Sales and Investments.

See State and City Supplement, April. Municipal Borrowing and National Bor­

rowing. See State and City Supple­ment, April.'

ational Borrowing and Municipal Bor- -Lm rowing. See State and City Sup­

plement, April..New Hampshire Savings Banks, Effects

of the Absence of Restrictions ............... 546New York Central & Hudson River RR.,

Reduction of Dividend...... f .................... 452

Page .New York Central & Hudson River RR.

Half-yearly Statement...............................1129New York Central & Hudson River RR.

Securities, Important Sale of in London 852 New York Savings Banks, Encouraging

Condition of............................................... 278New York State Railroad Commissioners’

Decision Limiting Construction of NewRoads Sustained bv Court....................... 950

New York Stock Exchange, History o f. . . 196 New York Stock Exchange Share Sales

(monthly).. . .61, 62, 238, 409, 583, 768, 986 Norfolk & Western RR., Appointment of

Receiver 236Norfolk & Western RR., Position o f ........ 857Northern Central RR. Annual Report....... 324

ats, Production in 1894........................ 59regon Improvement Co....................... 954o

P ennsylvania RR. Annual Report........ennsylvania RR. Capital Outlays.407,

Pennsylvania RR. Earnings and Expenses 150, 370, 542, 729, 901,

Philadelphia & Reading RR. Annual Rep. Pittsburg Cinn. Chic. & St. Louis Annual

Report.................................................. .Pooling Bill Reported to the Senate With-Problems of Modern Society.....................

out Amendment........................................Publications of U.S. Government 1889-93,

Comprehensive Index of (BookNotice).

Quotation Supplement, Features of, &c. See Quotation Supplement, May.

Quotation Supplement, First Issue o f.. Quotation Supplement (Mav-June),

Monthly Review and Monthly Tables of Stock Exchange and other Bond, Stock, &c., Prices.

412411

1124106636

1126149506

814

240n ailroad Building by Order of tha Court abroad Commission of Texas Still Re­

pelling Capital.......................................... 455Railroad Commissioners’ National Con­

vention - Conservative A otio n................ 905Railroad Debenture Bonds. See Invest­

ors’ Supplement, April.Railroad Disbursements and Business

Activity............................................... 407, 411Railroad Dividends in 1894....................... 109Railroad Dividends, Seven Years. See

Investors’ Supplement, January.Railroad Earnings, Character of Current

Returns..........3, 57,103,150,194, 238,276, 324, 370, 409, 454, 500, 542, 584,629, 681, 730, 766, 767, 816, 854, 902,

948, 1077,1124Railroad Earnings, Gross (monthly).. .62,

279, 458, 637, 820,1038 Railroad Earnings, Improving Character

of..................................................540,815, 900Railroad Earnings, Net (monthly) — 154,

327, 504, 688, 908,1085 Railroad Earnings, One Hundred and

Fifty Millions Loss in............................... 374Railroad Earnings in United S ates, Gross

and Net for 1894................................. 327Railroad and Miscellaneous Stocks and

Bonds, Range of in 1894....................19, 27Pailroad Properties, Physical Condition of 1081 Railroad Rates, Abolition of the Differen­

tial by Trunk Lines.................................. 407Railroad Rates, Agreement among Trunk

Lines to Restore Rates.............................. 1122Railroad Reorganizations, Charter Rights

After......................... 730Railroad Stocks, Rangeof Leading, in1894 11Railroad Trunk Line Agreement on Rates 628 Railroad Trunk Line Earnings In 1894... 415 Railroads, Bonds of One Company Se­

cured by the Mortgage of Another........ 731Railroads, Business Prospects and De­

creased Car Building................................ 2Railroads, Limiting Construction of New

Roads—Decision N. Y. Supreme Court.. 950 Railroads, Massachusetts, in a Year of

Depression.................................................. 197Railroads—Trolley Roads as Competitors

of Steam Roads—Their Powers Defined 544 Railway and Cable, Agencies of Com­

merce and Progress................. 952Railway Congress, International................1083Railway Earnings Reflect Improvement

in Trade........................................* - - ......... 498Railway Earnings, Street—Monthly Re­

ports............................................................. 1084Railway Pooling Bill Reported to the

Senate Without Amendment................... 149Railway, Southern, Employees’ Request

for Restoration of Wages........................ 274Railways of the United States, Statistics of 1079 Rates, an Interesting Case in England... 817 Rates, Reasonableness of, on Parts of Line 772Retrospect of 1894....................................... 9Review of Year 1894 by Months............... 11Russia and the Situation in the East........ 907Russia’s Gold Production.................. 202, 910Russia Restless and Aggressive..................10846¡<t. Louis Street Railroads. See Street W R ailway Supplement, March.San Francisco Imports and Exports of

Gold and Silver.161, 332, 506, 691, 860,1087Sault Ste. Marie Canal Opened................... 1035Savings Banks Deposits, Course o f .......... 635Savings Banks Laws of Maine and New

Hampshire................................................ 676Savings Banks of New England and New

York........................................................... 641Savings Banks, New Hampshire, Effects

of the Absence of Restrictions.............. 546Savings Banks, New York, Encouraging

Condition o f........................................ - - - • 278Sherman’s (Senator) Bond and Security

Bill, Text o f........................................ 1,04, 111Silver and Bimetallism......................... 852Silver, Bimetallism, and the Ministerial

Change in Great Britain........................... 1125

Page .Silver—Bimetallism and English Elections 946 Silver Free Coinage—Mine Owner, Infla­

tionist and Farmer Will Lose by............ 855Silver Free Coinage, Secretary Carlisle’s

Speeches Against...............................900, 904Silver, Free, and False Figures Natural *

Allies.......! ....................................................1036Silver, Free, Received a Set-back at Ken­

tucky Convention....................................... 1122Silver, Free, a Sure Way to Defeat........... 1078Silver—Illinois Convention.............. 984Silver Mining in 1894 in Au8tralasia..._.. 1087 Silver, New Agitation for Bimetallism in

Europe...................................................... 371Silver Production of Australia Since 1871 203 Silver Production of Mexico Since 1871. - 203Silver Production of U. S., .......................... 199Silver Production of World 1894—Mint

Reportof................................ - - ........910,1087Silver Production of the WorldSiinoe 1871 203 Silver, Rise in at London, The Cause o f...454, 541Silver, United States Imports and Exports

of (monthly)... .103, 276, 454, 684, 854, 1077Society, Modern, Problems of..................... 1126Sound Money, Efforts for............................ 904South Africa Gold Production.................... 201South, Resources of and the Cotton States

Exhibition................... 501Southern Pacific Co. Annual Report........ 858Southern Railway Employees’ Request

for Restoration of Wages......................... 274Speculation and Clearings in 1894............ 60State Bonds in 1894..................................-- 26Steam Roads, Trolley Roads as Competi­

tors of—Their Powers Defined................. 544Steel, Our Large Production o f .................. 373Steel Production 1894....... 151Sterling Exchange in 1894......................... 27Stock Exchange (N. Y.) Business-Large

Foreign Purchases of Bonds and Stocks 814 Stock Exchange (N. Y.)Reflects Business

I m p r o v e m e n t . .......................... 4=98Stock Exchange Share Sales (monthly).. .

61,62,238,409,583,768, 986Stock Mark et A ctiv e ................................. 852Stock Market Improving................ 682Stocks and Bonds, General Quotations of,

Transferred to Quotation Supplement 852 Street Railway Earnings—Monthly Re­

ports.............................................................1084Street Railway Traffic, Stability of. See

Street RAILWAY Supplement, March. Street Railways, Cost of Operating. See

Street R ailw ay supplem ent, March. Syndicate Operations Nearing a Close— 1033 Syndicate Contract Closed and State of

Gold Reserve............................................... 1122Syndicate Payment to Sub-Treasury..........1076

T exas Still Repelling Capital.................. 455rade Activity and Railroad Disburse­

ments .......... 407, 411Trade Development Favorable..........984,1030Trade Improvement, Prices Wheat, Cot­

ton, &c., Rising, &o. . ................................. 452Trade Improving, (Iron, &c.).......56, 407,

498, 692, 766,1076Trade, Print Cloths, Iron, &o? — ............. 102Trade Revival, Progress of and Advancing

Wages.......................................................... 85Treasury (U. S.) Currency Holdings........

4, 411, 586, 988Treasury (U. S.) Income, Disbursements,

Cash Holdings and Prospective Require-ments.................................................. —— 987

Treasury (U. S.) Prospects and the NewBond Syndicate......................................... 409

Treasury (U. S.) Receipts as Affected byIncome Tax Decision................................ 903

Treasury (U. 8.) Revenue, the Bond Issueand Currency Reform.............................. • 195

Treasury (U. S.) Revenue In Excess ofExpenditures............................................ - 239

Treasury (U. S.) Situation, Present andProspective..............................................2, 4

Treasury (U. S.) Situation, Receipts and Disbursements, Present and Future.... 585

Treasury (U. S.). Week’s Gold Withdraw­als and Rumored Bond Issue..........192, 195

Trolley Roads as Competitors of SteamRoads —Their Powers Defined........ . 544

Trunk Line Agreement to Restore Rates. 1122 Trunk Lines, Abolition of Differential

Rate bv ............................................. - ........ £07Trunk Lines Agree to Restore Rates........ 628Trunk Lines, Earnings of in 1894............. 415Trust Companies, Investments o f............. 371

Union Pacific RR., a Plea for....................1033nited States Bonds in 1894...............- - 30

United States Bonds—Are They Payablein Gold?......................................................- 277

United States Bonds—A Question in In-terest..........................-............................... - 462

United States Bonds, New—Listing of atN.Y. Stock Exchange............................... 463

United States Debt and History. See State and C ity Supplement, April.

United States Gold and Silver Production 199 United States Government Revenue, Past

and Future................................................. 239United States Railways, Statistics o f .......1079WTanderbilt Roads, Statements o f ........... 1129

W ages on Southern Ry., Employees?, $Request for Restoration o f ,. . , . 2 7 4

Wheat, Acreage in 1894............. .̂.-a. . . . . . . 1032Wheat, Corn and Cotton, Rise in Price... 452Wheat, Production in U. S. in 1894.......... 59Wheat, Winter, Condition of.............. 816,1032Witwatersrandt (Africa) Gold Production

Since 1887.................................... 201World’s Gold and Silver Production Since

1871......... . . . . . . . . .L . . . 199Y e a r ’s Crops........ ............ 58

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Page 4: HUNT’S MERCHANTS’ MAGAZINE, · HUNT’S MERCHANTS’ MAGAZINE, A WEEKLY NEWSPAPER xpxxsmtmQ the industrial and ^innncinl ^èàtxxsts of tîxe Waited states. VOLUME L)L JANUARY

IV Í N D E X . [ V o l . LX.

Foreign Correspondence, Financial, Commercial, Railroads, &c[Annual reports are indexed in black-faced figures, i

krön (0.) Street Ry............... ,PA<i^-Alabam aGreat SouthernRR.......... 710,1103Albany Street Railway............................... 872Albany & Susquehanna RR.......-...." 3ÓÌ", 834Allegheny & Kinzua RR.................. 1143Allegheny Valley RR................. 6 0 4 , 872,1057Allento wn & Bethlehem Rapid Tr. Co...... 130Allentown & Lehigh Vai. Trac. Co.42,130,. . . ̂ „ 479,1103

Amer. Bell Telephone. Co___42. 82, 3ÓÌ,. . 560,710,926.1957,1143American Cotton Oil Co............................... 605

American District't elegraph Co............... 176American Soda Fountain Co....................... 300American Strawboard Co............... 300American Sugar Ref. Co...... ........ 82,176, 605American Tobacco Co...... 301, 710 , 834, 838American Water Works Co.......................... 1146Anthracite Coal Rates....................... 479Anthracite.Coal Roads.521,561^ 605, 655

747 793. 1143Anthracite Coal Trade............. ’ " 258Arcadia, Gulf Coast & Lakeland R R . !.'.' * 927Asheville <fe Spartanburg RR........ 130Atchison Topeka & Santa Fe R R ..42,130.

258. 301, 391, 431, 479, 523, 561, 605 655, 658, 710, 747, 794, 872, 927, 967,

. . . . . ' , 1007,1057,1103,1143Atlanta & Charlotte Air Line RR..... ....... 561Atlanta City Street Railway (Ga.). . . . ___ 927Atlanta & Florida RR.258,479, 561, 794,. . . t ; _ 1007,1148Atlanta R y.................. ; ...............................; 1143

Atlanta Traction Co............. .........927* 1143Atlantic Ave. (B’klyn) RR.479, 794,' 834’* 4.1 « „ 873,1144Atlantic Coast Electric RR............... 794

Atlantic Coast Line RR........... 1060Atlantic & Danville RR.................................. 873Atlantic & Pacific RR..........479,56Ì, 7ÌÒ" 747Atlantic Short Line RR...... 562, 711, 794*,Atlantic & Superior RR....................1103 1144Atlantio Trust Co (New York)........ 5 2 l’ 834Augusta & Knoxville RR............................ 967Augusta Southern RR.............. 348 561Augusta (Ga.) Street Ry............. .............. ’ 391

l i altimore Belt Line RR..................258 794■■-» altimore Chesapeake & Atlantic RR ..’ 927Baltimore & Cumberland RR........ 132Baltimore & Ohio RR.. .42, 258, 348, 39Ì! 711 Baltimore & Ohio Southwestern RR.929.. 1141Baltimore & Ohio Tunnel................... 794Baltimore Traction Co..................„ **.".".’82" 258Baltimore & Washington Boulevard Elec­

tric RR.............................................. 1057Bangor & Aroostook jRR. . 747 794Bank of England, Condition of (weekly

by cable). Nee Financial Situation.Bank of England Statement s (weekly). See

Monetary and Commercial EnglishNews.Bank Statements, New York, Boston and Phila. (weekly). See Bankers’ Gazette.

Bank and Trust Company Stocks, prices in New York (weekly). See Bankers’ Gaz­ette. In leading cities, see General Quot­ations (monthly) and Quotation Sup­plement (monthly).

Bankers’ Gazette (weekly).34,71,115.165 210, 249, 287,335, 381, 421, ’466, 510,’551, 595, 646, 694, 737, 783, 826, 863

- - -vr« 999,1048,1092,1134Banks, National, Abstracts from Reportsto Comptrollér of Currency___255, 704 1140

Banks, National, Organized (weekly). See Commercial and Miscellaneous .> ews.

Bay State Gas Co. (Del.).............431, 522, 873Berliner Patent.................................... [ 926Bonds Called for Payment. ..42." 82.” 2Ì 8

301, 391, 432, 522, 561, 605, 655, 927’Bonds, Prices of all Classes. See Stocks 1103

and Bonds, General Quotations (month­ly) and Quotation Supplement (month­ly). See Bankers’ Gazette (weekly).

Titles—United States, State,City, Municipal and Railroad Bonds.

Boston & Albany RR.................... 258 927Boston Gas Co............................. . . ’ 873Boston Elevated RR.......... . ! ! ! ! ! / ! .......... -\ngBoston & Lowell RR..... ..................... 176Boston & Maine RR...42, 3ÓÌ, 834, ÌÌÓ4 1144 Boston, Philadelphia and Baltimore Stock

Exchange Prices (weekly). See Bank­ers’ Gazette.

Boston Rapid Transit............................. 42Breadstuff's, Agric. Rep’ts on ... 91,489,■o ̂ -x. , 675, 845,1068Breadstuffs, British Prices and Statistics

(weekly). See Monetary and Commer­cial English News.

Breadstuffs, Exports of, from the U. S „ . * , 141,311, 489, 719, 892,1068Breadstuff Market and Statistics (weekly).

See Cohimercial Times.Brigantine Beach RR.................... 1144Bristol Elizabethton & North Carolina

RR .......................... 432,1057,1103Brooklyn & Brighton Beach RR....... 561Brookl.i n City RR..................... . 349, 48Ò, 1103Brooklyn City & Newtown RR..........301, 794Brooklyn Elevated RR.301,479,605,927,1144Brooklyn Gas Companies............. 1057Brooklyn Heights RR....................... 48Ó, 1145Brooklyn Queens County & Suburban

(Street) RR......., ......................... 1057Brooklyn Traction Co..................479 834,1144Brooklyn Trust Co......................... 522Brooklyn Trust Companies.............! " ! ” ! 220Brooklyn Wharf & Warehouse C o... 176,

218,258,834, 927

_ P age .Buffalo & Niagara Falls Electric Ry____ 1007Buffalo Rochester & Pittsburg RR___218, 834Buffalo Street Ry,............. .................2 1 8 - 873Buffalo & Susquehanna RR........................ 480Buffalo & Tonawanda Electric R R ...8 7 3 ,1007 Bullion. See Gold and Silver.Burlington Cedar Rapids & Northern RR.

.8 3 4 , 871

Cambria Iron Co........................................ 1057amden & Atlantic RR............................ 60S

Camden County RR .................................... 607Canada & Michigan Tunnel & Bridge Co.. 1007Canada Southern RR................ 711, 1007,1144Canadian Pacific RR.391,603,606, 608 , 873 Canal and Miscellaneous Stock and Bond

List. See Investors’ Supplement (bi­monthly).

Canton (Land) Co. of Baltimore................ 130Cape Fear & Yadkin Valley RR.522, 794

1008,1103Capitol Street Ry. (Little Rock, Ark.)___ 748Cedar Falls & Minnesota RR................ 82, 794Contrai Branch Union Pacific RR...............1144Central Coal & Coke Co................................1144Central Elevated (Chicago) R R ..................1057Central Pacific RR___480, 561, 873, 928,Ä , 967 , « 6 9 . 1103,1144Central RR. & Banking Co. of Georgia .

82, 128, 348,350, 522, 711, 834,967,„ 1008,1057,1103Central RR. of N. J ............. ................3 89 , 656Central <fc South Ameri can Telegraph Co.. 560Central Washington R R ........................... 930CharlestonClendennin & SuttonRR........ 1103Charleston Street Rys................................. 928Charleston Sumter & Northern R R .. .130, 349 Chattanooga Southern RR.218, 258, 301, 561Chattanooga Union RR........................ 1103Chesapeake & Ohio R R .. . . . 130, 258, 794, 834 Chesapeake Ohio & Southwestern RR. .42,! , 130,176,9281008,1058,1145Chesapeake & Western R R ........................ 1144

Chicago & Alton RR.......................... 345 , 351Chicago Burlington & Quincy R R ...6 5 4 ,

656, 6 6 6 , 873, 928,1057Chicago City Ry............................. ..1 2 9 ,1 0 0 8Chicago & Eastern Illinois R R ... . 480Chicago Gas Co 130,176,349,432,48Ö,

656, 873, 928,1144Chicago & Grand Trunk RR....................... 794Chicago Great Western RR___928,1057,1144Chicago Indiana & Eastern RR.................. 522Chicago Junction Ry. & Union Stock

Yards Co...................................A .............. 130Chicago Milwaukee & St. Paul R R .. . ! ! ! ! ! 480Chicago & Northern Pacific RR....... 258,

258, 481, 606, 748, 794,1103 Chicago & Northwestern RR..349, 873,

„ ; 1008,1057,1144Chicago Peoria & St. Louis RR........ 1103,1147Chicago Rock Island & Pacific RR. 1007, 1011 Chicago St. Paul, Minn., & Omaha RR

, 175 ,389 ,1057Chicago & South Side Rapid Transit RR..175,606, 656Chicago & West Michigan R R ........ 347,

746 , 748Chicago & Western Indiana RR.................1 «5 6Choctaw Oklahoma <ft Gulf R R .4 3 1,835,1057Cicero & Proviso (Chicago) Street Ry...... 259Cincinnati Extension Bonds............... 349, 838Cincinnati Hamilton & Dayton R R ..796 ,1104 Cincinnati Jackson & Mackinaw RR.130, 176Cincinnati Lebanon & Northern RR___ 176Cincinnati & Muskingum Valley RR 522, 747 Citizens’ Co-operative Gas Co. (Chicago).. 522H i t l 7, ATI ft’ f i n . «Citizens’ Gas Co. (Brooklyn).................. !! 606Citizens’ Street Ry........................... 794City Bonds, Prices of. See Stocks" and

Bonds, General Quotations (monthly) and Quotation Supplement (May- June.)

City Electric Street RR. (Little Rock, Ark.)_ . - y M 711,748, 967City Ry. (Indianapolis)..................... 794City & Suburban RR. (Baltimore).. ! ! ....... 131City & Suburban RR. (Savannah)___74«,Claflin Co., H. B ....................................88f ; 8g fCleveland Akron & Columbus RR............! 522Cleveland & Canton RR..........................."" 1144Cleveland Canton & Southern RR.42, Ï7è 656 Cleveland Cincinnati Chicago & St. Louis

RR.....................................................1058,1104Cleveland Lorain & Wheeling R R .43 ,176,Cleveland & Marietta RR............391, 873,’ l o i lCleveland.& Pittsburg RR........ ............. 604Coffee. Nee Commercial Times (weekly)!Coin and Bullion. Prices in New York

(weekly), Nee Bankers’ Gazette. Prices in London, See Monetary and Commer­cial English News.

Colorado Fuel & Iron Co....................... 1144Colorado Midland RR........ 431, 561, 747,

794, 872! 1143Coloiado Wyoming & Great Northern RR. 1058 Columbus & Hocking Coal & Iron Co. 1143 Columbus Hocking V alley & Toledo RR.

82,130, 521 , 522, 55 9 , 711Columbus & Ninth ave. (N. Y.) RR...606, 657Columbus Southern RR.............................. 742Columbus Street Ry...............................¿2 656Columbus <& Western RR................... 391’ H48Commercial Cable Co......................... 431Commercial Epitome (weekly). Nee Com­

mercial Times.Commercial and Miscellaneous News

(weekly)..31, 69, 113, 163, 209, 247,% 285, 334, 379, 419, 464, 508, 550, 593

643, 692, 735, 780, 825, 862, 913, 958,997,1043,1090,1132

~ - ,• Pag eCommercial Times (weekly)..44, 85,133,179, 224, 261, 304, 353, 393, 437, 483 525,566, 615, 669, 713,752,839,887,

„ 931, 971,1013,1061, 1107,1151Comstock Tunnel C o............................. 74gConcord & Montreal RR........ 1009, Ü Ö 4,1144Coney Island & Brooklyn RR...301, 835,1004Consolidation Coal Co................................ 300Consols—Daily Prices of in London. See

Monetary and CommercialEnglishNews (weekly).CornMeäl, \ See Breadstuffs.Cotton—See also the title “ Cotton” in Edi­

torial Articles.Do Acreage, Stand, Condition in 1895 991 Do Agricultural Bureau’s Report for

February, 308; May, 843, 891;June..................................... . . .1 0 6 5

Do Amount of Crop in Sight (weekly.)Do Amount on Shipboard not cleared

(weekly).Do Clearances from U. S. Ports

(weekly). .Do Consumption in Europe.........155,

308, 441, 717, 844,1065 Do Consumption and Ove 1 land Move-

ment—December 7 ; January,204; February, 375; March,

590; April, 775; May, 975Do East India Crop Prospects__89,„ 136,184, 358, 673Do East India Exports of Yams and

Goods to China & Japan.......... 535Do Egyptian, Alexandria Report by

Cable (weekly).Do Egyptian Crop, &o................ 976,1155Do Exports from U. S.........141, 311,

489, 719, 892,1063Do Exports Yarns and Goods from

Great Britain...183, 357, 530718,935,1156

Do Fall River Mill Dividends___442, 859Do Fertilizer Sales in Alabama........ 1020Do Height of Rivers (weekly).Do IndfaShipments(weekly by cable)Do Interior Towns Movem’t (w’kly).Do Light Weight Bagging................ 309Do Liverpool Market (weekly).Do Manchester Markets (weekly).Do Manufactures, Exports of month­

ly .. . . . .136, 309, 530, 570, 757,1017Do Manufacturing in Japan..................1111Do Market and Statistics (weekly).

See Commercial Times.Do New York Cotton Exchange.976,1019 Do Overland Cotton, Spinners’ Tak­

ings (weekly).Do Port Receipts and Daily Crop

Movement (weekly).Do Proper Baling, For.......................... 397Do Quotations for Middling at other

. Markets (weekly).Do Receipts from Plantations week­

ly).Do Reform in Preparing for Market. 717 Do Sea Island Statement (weekly).Do Summary of Temperature and

Rainfall....................137, 935,1019Do Visible Supply (weekly).Do Weather Record for October, No­

vember, December, 138; Jan­uary, 571; February, 571;March, April and May.......,.... 1017

Do Weather Reports by Telegraph (weekly).

Couer d’Alene RR..................................... 1059Cumberland Valley R R . . . . . : , : ; . ............... 521

D allas Consol. Traction Co.............748, 835ebt statement un’thly). NeeU. S. Debt.

Delaware & Hudson Canal Co........ 2 1 8 , 389Delaware Lackawanna & Western RR.

175 ,301 , 835Delaware River & Lancaster RR...... 219, 605

! Delaware Valley Electric R y................... 606, Delta Electric Ry. (Cairo, 111.)..................... 489I Denison & Northern RR............................... 928' Denver City Cable Co.............................. 1104Denver Consol. Tramway Co..4 3 1 , 748, 928 Denver Leadville & Gunnison RR... .260, 523 Denver & Rio Grande RR..392, 563, 656, 928Detroit Bay City & Alpena RR..........43, 139Detroit Lansing & Northern RR.___347 , 747Detroit Gas Co........................................... 928Detroit & Mackinack RR.............. 43,130, 711Detroit Mackinac & Marquette RR........... 606-Diamond Match Co................. .............177, 301Distilling & Cattle Feeding C o..82, 130,

219, 259, 301, 349, 480, 561, 656, 711 748,835,873, 928,1009,1058, 1104, 1144

Dividends Declared (weekly)- See Bank­ers’ Gazette.

Dry Dock East Broadway & Battery RR.301, 71L

Dry Goods Market and Statistics (weekly)See Commercial Times.

Dubuque & Sioux City Ry.......................... 794Duluth & Iron Range RR............................ 744Duluth & Winnipeg RR............................... 219

i j* ast River Bridge.................................... 1104■* astern Trunk Lines Agreement.......... 656-

Edison Elec. Illuminating Co., B’klyn.82, 34 8 , 928, 1104,1145

Edison Electric Illuminating Co., N. Y.12 8 , 1 7 5 .1 7 8 ,5 6 1 ,6 0 6 , 794,1145

Electric Roads in Connecticut.................. 656-Electric Traction Company of Philadel­

phia........................ 1......... 303, 711, 748,1104=England, Bank of. See Bank.English Correspondence and Cable Re­

port (weekly). See Monetary and Com­mercial English Naws.

Digitized for FRASER http://fraser.stlouisfed.org/ Federal Reserve Bank of St. Louis

Page 5: HUNT’S MERCHANTS’ MAGAZINE, · HUNT’S MERCHANTS’ MAGAZINE, A WEEKLY NEWSPAPER xpxxsmtmQ the industrial and ^innncinl ^èàtxxsts of tîxe Waited states. VOLUME L)L JANUARY

January June, 1895. J I N D E X

7941104

480794

1009928

1145928

1104

Page .Equitable Gas Light Co............................... 177Evansville & Richmond RR..43,131,349,

606,967,1058Evansville & Terre Haute R R ..4 3 ,131,

606, 835,967,1058,1145 Exchange Market and Prices (weekly).

See Banker’s Gazette.Exchange, Sterling. Daily prices of

(monthly). See Financial Review.Exports and Imports of Specie and Mer­

chandise at New York, Value of (weekly)See Commerc’l and Miscellaneous News.

Exports and Imports of the United States.See United States.

F ailures. See Mercantile Failures, inancial Review (monthly). See in Edi­

torial Ai tides.Fidelity Loan & Trust Co. of Sioux City,

Iow a............................................................ 561Findlay, Fort Wayne & Western RR........ 656Fitchburg RR............... .259, 656, 794, 967Flint & Pere Marquette RR....................... 710Florida Central & Peninsular RR............. 82Flour. See Breadstuffs.Flushing & College Point Street Rÿ. .301, 606 Foreign Correspondence on Markets

(weekly). See Monetary and Commer­cial English News.

Foreign Exchange. See Exchange.Fort Clark Street Ry. (Peoria, 111.)... 606,Fort Worth & Denver City RR. .43, 52 0 .

606, 873,Fort Worth & Rio Grande RR....................Forty-second St.', Manhattanville & St.

Nicholas Ave. Street Ry..........................France, Bank of See Bank.Frankfort & Southeastern RR............480,

G alveston City RR.........................711 ,alveston Houston &Henderson RR__

Galveston La Porte & Houston RR..........Gas Belt District.. . . ..... ..............................Gas Stocks. See Commercial and Miscel­

laneous News (weekly). General Quota­tions (monthly) and Quotation Sup­plement.)

General Quotations of Stocks and Bonds (monthly). See Stocks and Bonds.

General Electric Co........ 43, 82,177, 561,605, 7 9 3 , 7 9 6 , 873

Geneva Waterloo Seneca Falls & CayugaLake Traction Co................. 562

Georgia & Alabama RR................................1106Georgia Midland & Gulf RR.........................1058Georgia Railroad & Banking Co.................. 1145Georgia Southern & Florida RR. .432,522,

606, 794, 928, 967,1010,1145Globe Street Ry............................................ 796Gold Exports and Imports at New York

(weekly.) See Com. and Mis. News.Gould (Jay) Holding of Btooks, Bonds, &c. 83Grain. See Breadstuffs.Grand Rapids & Indiana RR.. .432, 709,

794,1058,1104Grand Trunk RR. of Canada...............794, 835Great Britain. See British.Great Northern R R .....................480, 835, 836Green Bay Winona & St. Paul RR..301,

391, 432, 480, 656, 711,1104Gulf & Inter-State RR..........................835, 967Gunny Bags (weekly). See Cotton Report.

H arrisburg Traction Co......................... 873erring-Hall-Marvin Co............10 0 9 ,1 1 4 3

Hestonville, Mantua & Fairmont (Phila­delphia) RR ................................................ 835

Holmesburg, Tacony & Frankford Elec­tric Railway............................................... 967

Houston East & West Texas RR. .432,606 711Houston & Texas Central R R .......... 748, 835Hudson River Navigation C o .................... 562Hudson River Suspension Bridge & New

England RR.............................. 748Huntingdon & Broad Top Mountain RR.

& Coal Co........................ .................. 177, 346

I llinois Central RR__ 82, 391> 480, 794,928 1058

Illinois Steel Co................................... 299^ 928Imports ana Exports of Specie and Mer­

chandise at New York,Value of (weekly).See Commerc’l and Miscellaneous News.

Imports and Exports of the United States.See United States, etc.

Indiana Illinois & Iowa RR................ 562, 748Indianapolis Decatur & Western RR. 82, 432 Insurance Stocks, Prices in leading Cities.

See General Quotations of Stocks and Bonds (monthly).

Interior Conduit & Insulation Co. of NewYork..................................301, 606, 1058,1060

International & Great Northern RR ........ 1058Inter State 8t. Ry. (Pawtucket, R .I).432, 606Inter-State Consol. Street R y.................... 748Investments. Bi-monthly Article in In­

vestors ’ Supplement.Investments and Railroad Intelligence.

40,77,125,171, 216, 256,297,341, 387,427, 476, 516, 557. 601, 652, 705, 743, 789,832,869,921,965.1005,1054,1098,1141

Investors ’ Supplement (published the last Saturday of every third month) will be found in this volume at end of Janu­ary and April, respectively.

Iron. See Commercial Times (weekly).

J acksonville Louisville & St. Louis RR.. 522 Jacksonville Tampa & Key West RR.

177, 219, 391, 606, 1145Japan, Cotton Manufacturing in ................ 1111Jarvis-Conklin Mortgage Trust Co............1058Jute Butts. Bagging, &o. (weekly). See

Cotton Repoit.

K ansas Central j£R ...................... 1106ansas City Ft. Worth & Memphis RR. 301

Kansas City Memphis & Birmingham RR.. 302Kansas City & Omaha RR.....................43,1009Kansas City Pittsburg & Gulf RR__ 480,

795,835, 873

Page.Kansas City Suburban Belt RR .................. 525Kansas City Water-W orks.......................... 929Kansas City Watkins & Gulf RR............... 562Kansas Pacific RR........... ..393, 481, 523,

564,668, 749Kentucky Central RR ............................... 1058Kentucky & Indiana Bridge Co. ..82, 522,

929,1105Kentucky Midland RR.................................. 835Keokuk & Western RR................................ 793Kings County Elevated RR........432, 795, 873Knoxville Cumberland Gap & Louisville

RR............................................... 795, 873,1145

L aclede Gas Light Co....................... 302,1145ake Erie Alliance & Southern RR....... 43

Lake Erie & Western RR..259, 432, 559,562, 564

Lake Roland Elevated R R ........................... 131Lake Shore & Michigan Southern RR.391,

791, 929, 1145Lake Street Elevated RR. (Chicago)...43,

81,131, 391, 480, 522, 656, 711, 795,836,1009,1105,1145

La Porte Houston & Northern RR___43, 928,Leamington & St. Clear RR........................ 711Lehigh Coal & Navigation Co.................... 346Lehigh & Hudson River RR.............. 349, 929Lehigh & New England RR................606, 835Lehigh Valley RR..........43, 79,131, 302,

606,656, 929Lincoln Street Ry..........................83, 259, 562Little Rock & Memphis RR.177, 349, 711, 967Little Rock Traction & Electric Co..........1009Liverpool and London Markets (weekly).

See Mon. and Commercial English News.Loch Haven Electric Street Ry................ 562Loch Haven Traction Co............................. 562Logansport & Wabash Valley Gas Co.......1105Lombard Investment Co.................. 562Long Island RR..........177, 302, 522, 835,1145Long Island City & Newtown R R .______ 836Long Island Montauk Extension RR./___ 1145Long Island Traction C o...349. 432, 480*

522, 562, 748, 795,1009,1103,1145Louisville Bridge.....................................*.... 1105Louisville R y .......................... 1058Louisville Evansville & St. Louis Cons.

RR........... 346, 432, 481, 522, 562, 873, 967Louisville & Jeffersonville Bridge Co....... 302Louisville & Nashville RR.82, 302,1058,

1105, 1145Louisville New Albany & Chicago RR.522,

748,795,836, 929Louisville St. Louis & Texas RR............43, *3Lynn & Boston (Street) R R ... . ............749, 929

Macon & Birmingham RR.................. 83, 795aeon Dublin & Savannah RR___562,1058

Macon & Northern RR................. .-........84, 259Mahoning Coal RR...................... 791Maine Central RR.................... 349, 836Manchester (N. H.) Street Ry.................... 259Manchester & Lawrence RR........................ 1009Manhattan Elevated RR...177, 302, 657,

795, 836, 873, 967,1059Marietta & North Georgia RR.....................1009Maryland Coal Co...................... 347Maryland & Columbia RR................ 1105Maryland Steel Co.............................. .873,1106Merchandise, Stocks of, in New York

(monthly)............44, 261, 437, 615, 800,1013Metals. See Commercial Times (weekly) Metropolitan Elevated (Boston) RR..302, 349, Metropolitan Street Ry. (Kansas City, Mo.)

795, 929,1105Metropolitan Street Ry. (New York) .302,

606, 657, 795,1009 Metropolitan Street Ry (Springfield, Mo.) 711 Metropolitan Traction C o..562, 606, 711,

795,967,1146Metropolitan West Side Elevated (Chi­

cago) RR.............................................711, 836Mexican Central R R ... . .3 0 0 , 522, 74 5 ,

750 ,795 , 836Mexican International RR...... 60 3 , 606, 612Mexican National RR.......481, 482, 519 ,

524, 562,1009Mexican Northern RR ......................... 1009Mexican Telegraph Co................................ 6 60Mexican Terminal Co___, ........................... 836Michigan Central RR........... ...............791,1146Michigan-Peninsular Car Co..................:. .'1009Middleborough Belt RR..................... . 606,1146Middlesex Valley RR.....................................1146Milwaukee Street Ry.562, 873, 929,1009,1146Minneapolis & St. Louis RR.......795, 929,1059Minneapolis Street R y.................................. 1151Minneapolis Western Ry............................. 835Miscellaneous Securities, Quotations of.

See Quotation Supplement (monthly).Mississippi Valley RR................................. 432Missouri Kan. & Texas R R ..8 3 ,177, 219,

749,1010,1059, 1105, 1145 Missouri Pacific RR..391, 4 7 8 , 712, 795,1059Mobile & Birmingham RR........ ........ 657, 795Mobile &d Girar RR.................................... 392Mobile Light Co............................... . ........... 929Mobile & Ohio RR....................... 177, 967,1059Mobile Street RR......................................... 929Monetary and Commercial English News

and Market Prices by Cable (weekly) .30 68, 112, 162, 207, 246, 283, 333, 378,417, 463, 507, 549, 592, 642, 691, 735,779, 823, 860,912,956,996,1042,1089,1131

Money Market (weekly). See Bankers’ Gazette.

Money Market in London and Continental Cities (weekly). See Monetary and Commercial Engish News.

Montana Ry................... 1146Monterey & Mexican Gulf RR.................. 562Monterey Mineral Belt............................... 836Montgomery & Eufaula RR....................... 523Montgomery & Tuscaloosa & Memphis

RR.........................................................562, 968Municipal Bonds. See State and City

Supplement.Municipal Bonds, Quotations of. See

Quotation Supplement (monthly).Mutual Fuel Gas Co. (Chicago)...........564,1105

Pag e .WT ashua (N. H.) Street Ry......................... 6061m ashville, Chattanooga & St. Louis RR 302Nassau Electric Ryl . . ................................. 836National Banks, Nee Banks.National Lead Co................... ............348* 349National Linseed Oil Co.......................259, 712National Ry. Co........................... ...... - ....... 3 0 0Nèw Central Coal C o .................. ............. 347New England & New York RR................. 712New England Telegraph & Telephone Co. 8 34New Jersey & New York RR...............259, 836New London Northern RR..................349, 930New Orleans & Southern RR..................... 1059New Orleans Traction Co.......................... . 968Newport & Cincinnati Bridge Co...............1059Newport News & Mississippi Valley R R ..

1059,1146New York Biscuit Co.................................. 348New York & Brooklyn Tunnel Co............. 1010New York & Canada RR..................... 302, 836'New York Central & Hudson River RR.

219, 481, 523, 562, 749, 836, 874, 929,1146 New York Chicago & St, Louis RR..131,

302, 79 2 , 795-New York City Bank Statement (weekly).

See Bankers’ Gazette.New York City Exports and Imports

(weekly). See Commercial and Miscel­laneous News.

New York City Foreign Trade (monthly),70, 285, 465, 644, 914,1044

New York City Trust Companies............... 220New York & East River Gas Co................ 349New York & Greenwood Lake RR........... 929New York L. E. & Western (Erie) RR..177,

302, 319, 432, 562, 657, 711, 795, 874,‘ 968,1105

New York & Long Island Bridge Co........ 522New York & New England RR. .302, 392,

429, 481, 712, 749,795, 836. 968, 1010,1059.1105, 1146

New York New Haven & Hartford RR.302, 523, 606, 930, 968,1010,1059,1109

New York & New Jersey Bridge Co. .432,1010,1059

New York New Jersey Telephone Co........ 562New York & Northern R R .......................... 177New York Ontario & Western RR__ 131,

302, 836, 874New York Pennsylvania & Ohio R R .. .83,

259, 392.562, 968New York Produce Exchange..........1021,1068New York <fc Putnam RR............................ 177New York Stock Exchange Clearing-House

Transactions.30, 68, 111, 162, 206, 246,283, 332, 377, 417, 463, 506, 548, 642.691, 735, 778, 823, 860, 911. 995.1042, .

1089,1159New York Stock Exchange. Listings on,

&C....177, 260, 302, 391, 562, 657, 748,835, 929,1058

N ew Y ork Stock E xchange. Prices of State Bonds. See Bankers’ Gazette (weekly).

New York Susquehanna & Western RR.131, 260, 481, 874,1010,1059

New York Westchester & ConnecticutTraction Co— .......................................... 302

Niagara & Lewiston R R .............................. 1010Norfolk & Southern RR....................'.......... 302Norfolk & Western RR. ...259, 302, 390,

392, 481, 606, 871, 874, 882 North American Co....562, 795, 873, 929,

1059, l i n a , 1105 North Chicago Electric Street R y ...129, 260North & East River RR............................... 712North Shore Traction Co. (Boston)........... 795Northeastern RR. of Georgia___177, 523, 712'Northern Adirondack RR........................... 968Northern Central RR......................... 345 , 350Northern New York RR___ : ..................... 968-Northern Pacific RR. .219, 260. 302, 392,-

481, 563, 606, 657, 712, 836. 874, 930,1059,1105,1146

Northern Pacific & Montana RR.......260,1146Northern Pacific Terminal RR ............ 657NorthwesternElevated (Chicago) RR. 836, 939

Oats Market (weekly). See Breadstuffs.gden Gas Co.............................. 432

Ogdensburg & Lake Champlain RR. .392, 968Ohio Coal Roads Agreement....................... 481Ohio River RR... ........ ................ 925-Ohto River & Charleston RR.......................1146Ohio Southern R R .. ..795, 836, 874,1010, 1146Ohio Valley RR.................. 481Old Colony RR........... 606, 712, 874, 968, 1146Omaha & St. Louis RR................................ 712Omaha Water Works Co...............................1146Orange Mountain Cable RR............... 968,1010-Oregon & California RR...............................1059Oregon Central & Eastern RR.................. 712Oregon Improvement Co..........430 , 930,1106Oregon Pacific RR.................................177, 712:Oregon Railway & Navigation Co....... 43,

177, 349, 481, 523, 657, 930, 968,1147 Oregon Short Line & Utah Northern RR.

177, 220, 481, 523, 563, 796, 874, 925 ,930, 968,1010,1059, 1106, 1147

Oswego (N. Y.) Street Ry............................ 606:

Pacific Mail SS. Co...................607, 837, 9 6 6acific Railroads, Bonds issued to. See

U. S'. Debt Statement (monthly)Pacific Railroads Funding Bill..........260, 350-Paducah, Tennessee & Alabama RR........ 712Panama RR ........................5 2 3 ,604 , 837, 874Parallel Roads in New York State............. 968Parkersburg Trai tion Co............................ 523-Patents, Supreme Court Decision Respect­

ing Life o f.................................................. 438Pennsylvania Co...................................873,1010Pennsylvania R R ..'........4 2 9 , 4 3 3 , 872,1010Penn. Poughkeepsie & Boston RR__ 177, 606Pennsylvania Steel Co...............712, 873,1106People’s Cable Ry. (Kansas City)...............1106People’s Gas Light & C>»ke Co.................... 489People’s Traction Co........................... 220, 308Peoria, Decatur & Evansville RR__ 350,

604 , 930,1059,1106Peoria & Pekin Union R R ......................... 521Petroleum. /See Commercial Times (weekly )

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VIO r 5

I N D E X [V ol. L X .

Paoe .Petroleum Exports.. 141, 311, 489. 719,

892.1068 'PMla. Bahk Statement and Prices Stocks

Bonds (weekly). See Bankers’ Gazette.Philadelphia Co. (Natural Gas).................. 9 2 6 !Philadelphia & Chester Valley RR........... 606 jPhiladelphia. & Erie R R , ............ 303, 390Philadelphia & Reading RR 43,83, ■ ■* 7.

131, 177, 219, 2 9 « . 392, 432, 563, 607, 747, 79H, 837, 930, 968, 1147 |

Philadelphia Reading & New England RR.131. 178, 219,2.60, 392, 481, 523, 563, 837

Philadelphia Traction Co....................178, 523 |Philadelphia & Westchester Traction Co. 837 Philadelphia Wilmington A Baltimore

RR..................... ................................. 131. 347 !Pittsburg Akron & Western RR........... 1059Pittsburg Cincinnati Chicago & St. Louis

RR..................Ì...523, 6 «»:«, 65 4 , «6 2 , 1010Pittsburg Cleveland & Toledo RR.............1010Pittsburg & Eastern RR......................350,1010Pittsburg Fort Wayne A Chic. RR.1010, 1102Pittsburg & Lake Erie RR.......................... 709Pittsburg Shenango & Lake Erie RR.6Ö7, 872Pittsburg (Pa.) Street Ry........................ 930Pittsburg & Western RR........521 , 79 2 , 837Port Jervis Montieello & New York RR.. 712Portland (Ore.) Street Ry....................... 837Port Royal & Western Carolina RR..523, 607Portsmouth Street RR. & Light Co........... 523Portsmouth (Va.) Street Ry......................... 563 IPostal Telegraph—Cable Co...............432, 563 !Providence & Springfield RR.......................1059Provisions Market. See Commercial Times

(weekly).Provisions, Exports... 141, 311,489, 719,

892.1068Public Debt. See United States Debt.Pueblo City Ry.................... 1010Pullman’s Palaoe Car Co...............................1010

Q ueen City Electric Street R y............... 219w uotation Supplement (published monthly) will be found in this volume on May 11 and June 8.

R ailroad Construction in 1895.............. 1147ailroad Earnings. See Editorial Arti­

cles (monthly). See Bankers’ Gazette and Investment and Railroad Intelli­gence (weekly).

Railroad Stock and Bond List. See In vest- OR8’ Supplement (bi-monthly).

Railroad Stocks. See Stocks.Railroad Stocks and Bonds, Prices of

See Bankers’ Gazette (weekly). See General Quotations (monthly) and Quo­tation Supplement.

Rapid Transit in New York City...... 219,260, 432,' 837

Rensselaer & Saratoga RR...................303, 837Reorganization Plans, &o....... 44, 84,131,

220,260,393, 433,481,523, 563,607 657, 712, 796, 837, 874, 930, 969, 1010,

1059,1106, 1147Richmond F’burg & Potomac RR.............. 41Rio Grande Branch Line RR...................... 874Rio Grande Southern RR........... 392, 481,1059Rio Grande Western RR.............260, 837, 874Roanoke & Southern RR............................. 481Rochester A Southern RR.......................... 837Rochester Street Ry.............................. 350, 969

fi!t. Joseph A Grand Island RR..........43," t . Joseph Traction & Lighting Co........St. Louis Alton & Terre Haute RR...393,

|563,1103,St. Louis Avoyelles & Southwestern RR.. St. Louis Iron Mountain & Southern RR. St. Louis Merchant’s Bridge Terminal BR,

712,795,St. Louis & San Francisco RR.42,391,523,

1007, 1103,St. Louis Southern RR...........................St. Louis Vandalia & Terre Haute RR.84,St. Paul City Ry...................................San Antonio A Gulf Shore RR........... 523,Sanford & St. Petersburg RR.....................San Franefsco A San Joaquin Valley RR.

303, 393, 607, San Joaquin Ry...........................................

44749

1147657

114710591107563

3461151874523837220

Paqk.Santa Fe Prescott & Phcenix RR............... 481Savannah Americus & Montgomery RR. £ ,

393, 523, 712, 749, 838,. 874, 930,1060, 1 ■/. 1106, 1147

Savannah & Atl vnti • RR............................. 1057Savannah Electric Street R y................ 84, 563Savannah Florida & & Western RR..523, 607 Savannah & Western RR...850, 391, 657,

712,838,1057, 1148Schenectady R y . . . . . . . . ............................... 303Schuylkill Traction Co....... ......................... 796Seaboard Air Line R R........ ......................... 84Seaboard & Roanoke RR ........ v.v........ . 84Seaside & Brooklyn Bridge Elevated RR. 114 4.Second Avenue (N. Y.) RR......... 178, 303, 607Silver an l Gold Coins, Prices of, in New

York (weekly). See Bankers’ Gazette. Prices in London. See Monetary and Commercial News.

Silver and Gold Exports and Imports at New York (weekly). See Commercial and Miscellaneous News. Exports and Imports of the U. S. See U. S. Exports and Imports.

Sioux City Bridge...................................... 1106Sioux City Cable RR.....................................1010Sioux City & Northern RR........ ......... 131,1060Sixth Avenue (N. Y.) RR............................ 562Sloss Iron A Steel Co.......... .......................... 1106South Bend A Mishawaka RR........... 563, 796South Carolina & Georgia RR.44, 84, 303, 749Southeastern (Ga.) RR....... ....................... 523Southern Cotton Oil Co.............838, 874, 1 056Southe n Railway . . , . .433, 657, 796, 838,

1010. 1060,1103, 1145 Southern Pacific Co. .480, 561, «0 3 , 607,

871. 875,1103Spartanburg Union & Columbia RR.................. 563Specie. Xcc Gold and Silver.Standard Gas Light Co. (New York)........ 1148Standard Telephone C o......................607,1060State Bonds, Market. Prices, etc. See • Bankers’ Gaz. (weekly). See Stocks and

Bonds, General Quotations (monthly).State and Cltv Department...51. 93,142,

187,231,268, 312,361, 400, 445, 491,533, 575. 622. 676. 721, 760, 807, 847,

894, 939, 979.1023, 1070,1114,1159State and City Department Index__ 764,

943,1160State ant> City Supplement will be

found in this volume under date Apr. 13 Staten Island Rapid Tran. C o...260, 303, 838 Sterling Exchange. See Exchange.Stock and Bond Market and Prices (week­

ly). See Bankers' Gazette.Stock and Bond Tables. See Investors’

Supplement (bi-monthly).Stock Exchange, Listings on...............177, 480Stocks and Bonds, General Quotations all

classes (monthly).. 119, 291, 470. 698, and Quotation Supplement May 11 and June 8.

stocks, Range in Prices of (monthly). See Financial Review of Month.

Street Railroad Securities. See Quota­tion Supplement (monthly).

Street RAil w *y Supplement will be found in this volume on March 9 and

. May 25.Street Railways, Decisions Affecting....... 561.Sub-Treasury, New York, Daily Transac- ' \tions at (weekly). See Bankers' Gazette

or Commercial and Miscellaneous News. Sugar. Nee Commercial Times (weekly).Butro Tunnel Co......................................... 748Syracuse Binghamton & New York RR.

303,

1 Pageif Toledo Ann Arbor & North Michigan RR f.| 84,¡131, 437, 480, 607, 668, 749, 799

838, 969, 1056.1061,1106,1148! Toledo Consolidated Street Ry___ ____ .. 886

Toledo & Ohio Central RR............... 481Toledo St. Louis A Kansas City RR. 131, 393Topeka Water Co.................................. 523, 607

! Treasury. See United States Treasury.I Trenton Passenger Ry....................J........... 44I Trentou Potteries Co.................................... 393

Trenton Traction Co............................. 44Trinity Cameron & Western RR................ 481Troy City Street Ry___, . ....... ..i,.___ 303, 969

j Trust Companies in New York & Brooklyn 220 Trust Company Stocks. See Bank and

Trust Company Stocks.Twenty-Third Street (N. Y.) Ry................ 562Twin City Rapid Transit C o ...2 « 9 , 303.

886, 930, 1151

Ünion Ry (N. Y. City Street).......3 0 3 ,nion Pacific RR. 43, 132, 178, 220,

260, 303, 393, 437, 481, 523, 563, 564, f 607, 668; 712, 745 , 749,799. 886, 92 5 ,

968, 969, 1007, 1009,1010,1059,1061,Union Pacific Denver & Gulf RR .......393

563, 65 4 , 656, 749,Union Street Ry (Dover N. H .),........'........Union Terminal RR........................... .......United Gas Improvement Co.....................United Lines Telegraph Co............. ..'____

I United States Bonds Hold to Secure De­posits and Circulation (monthly)__ 32.

247? 419, 693, 780,Unitpd States Bonds, Listing o l ................United States Book Co...............................United States Cordage Co..44, 80 , 564,

839, 886,1012,1061,1106, United States Debt Statement (monthly),

67, 245, 416, 642, 779,United States Express Co...........................United States Government Re venue.. 32,

247, 419, 593, 781, United States Imports Exports and Im­

migration (monthly)........ I l l , 283, 462,690,911,

United States Leather Co..........................United States Legal Tenders and National

Bank Currency Movements, ComptrollT er’ s Statement (monthly). .31, 248, 419.

644, 781,United States Mints, Coin age bv (monthly)

69, 247, 419, 644. 781, United States Pacific Railroad BondsUnited States Rubber Co.....................260,United States Securities, Market and

Prices (weekly). See Bankers’ Gazette. Daily Prices of at London (weekly). See Monetary and Com. English News-

Universal Gas Co. (Chicago) . ̂ , .564,930,Utah Southern RR............. .Utica Belt Line Street RR; .......

'aunton Street R y................enn. Coal, Iron & RR. Co.. 655, 668,

7 4 « .Terminal Bailroad Association - of St.

Louis.......................................470 , 521.Texas Louisiana & Eastern RR........ 563,Texas A Pacific RR.............................519 ,Texas Trunk RR..........................................Terre Haute & Tndiatiapolis R R ..............Third Avenue (N. Y.) RR ..........303,Thirty-Fourth Street (N. V.) RR ........ ......Tobacao. See Comm rcial Times (weekly).

838796

11061060 1010

523 437

84 874 !

83

838,

1106928969525

1148*749

998481303

1151995393997

1088390

997997

44926

1105 1147 A3 7

[7 alley RR. of Ohio................ 84.A37, 789

abash RR................................ 1106,11481 * aco Electric Ry. & Light Co.............. 839

Waco A Northwestern- RR..............437,1151Washington Southern RR........1148Welsbach Commercial Co...........................1148Welsbach Light Co............................ 1148West Chicago Street R y........... . . . . .1 2 9 , 260W estE ndR R .............................. 303West Jersey R R ;.................................. 793West Side Bank (New York).............. 383West Virginia Cen. & Pittsburg RR. .132, 220w estern Maryland RR........... ................. 218Western New York RR...................... 393Western New York & Penn. RR.. ..44, 84,

132,178, 220, 260, 393, 525, 607, 712,839,1151

Western Union Telegraph Co...... 42, 481,1060Westinghouse Electric A Mfg. Co...... 564, 606Wheat. See Breadstuff's.Wheeling & Lake Erie RR..................303, 481Wilkesbarre &' Eastern R R ..- .................. 481Wilmington & Weldon RR................ 42Winona & Southwestern RR.............. 839Wisconsin Central RR..84, 260, 712, 749, U H Woroest* r, Nashua & Rochester R R .. 525, 749 Worcester A Suburban Street Ry............. 48 L

yv; / f XJ

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