OCR Interpretation


The sun. [volume] (New York [N.Y.]) 1833-1916, December 24, 1897, Image 9

Image and text provided by The New York Public Library, Astor, Lenox and Tilden Foundation

Persistent link: https://chroniclingamerica.loc.gov/lccn/sn83030272/1897-12-24/ed-1/seq-9/

What is OCR?


Thumbnail for 9

-" ' ' " V r i tSS"Sm. '"FRIDAY,. 'BEtJEMBEB. .24, 1897. ' 'WS- (;,, 'H
;H WVfAKCTAZ, AJfl COMMJBKOXAU
' rr TTk llHk Kxrbanre Bale 90. . .
.. 'AM UNITED STATU AND BTATB tlOTtM (IN ll.OOOs).
'b 'V BltTBUfcO .'114SI '3 Term set 3s... em
M ' clouho miens or cirrr o rato bonds,
1b; Bit. tat. BU. AtkU.
H - PaMM,n i Dnsi8,r.
etpiefO. 00i 1(04 114 11 4
t7nr)tte,r. On8los,e.
IttT 118 118 ISO 114 114
? ' CnBIU.0. UnSti.r,
IH " ll4't llc,x "" 10s
' Cad 4a, r, CnBtCs,r,
' 1MB ISO's IBB ! 103
J !. tBltU.CH
k "" ISBH 1S0
flA .H tUH-tOAD AND OTHKR nONDB OK Bl.OOOSV
L 9 J Ateb adj 4s.... OVt 28NorfA Wcn4a 70'
1 Atehgnl -.... BON 1 NYASuignl.. 80
M 8 BBS 7 804
W- 89 BO'S 14 N J Can nl SfcUS"
m, 8 AmTobtorlp... 78 17 NashAChsl cnl03
Jl 3 Ann Arbor 41.. B3 2M Y,0-8tL4tloat
V 2 Break it Tot... 02N iONnnofcio. bos
flBr 1 0 OB1 B6NWcrol!.r....llO
l 16 03 BNY.O r4s 07
f 3BrBllit.tr... Si's 3 OMUIipd..l081i
'JHjW j fl Brook UnOBt. Ill's 80RAN lit....USVi
Mh 3 CUAOrnUM. 80 lOrllAN!.... 03W
UBfe 10oVDQcnTBX10' lOnsiiei lB3"t
AaflB 6C.BAQ.4S.N.X 08 & 123
JB 7 08 SOSLcnBa 08
F EC.UAQ 7.....118 10 0b
VV.V BOoaOHOfChlo 3 0 Iraplit.tr. .101
fc Oa 103 6 On Imp Ba,
, 1 Cu lotil. 112 4th Ip 40
U ,lH 10to8d 107 2rootUoltt..l04
'H 10 Oth At lit. 120 1 Tu of Uo H
AlH 86 0Tmllit.tr.. 46 20 108
! 84 46 10P.DElit.Kdl00
( 10 40 lr.C.CJtStMial,
' fM 10ColMiaiit.tr 04 terA 111
XM 16 06 lP,C.CStLs,
fg 30hBlit 110 serB 111
AHF SOaaRyBdlne, 8 1 0 Hock IxBi.. 107
MK fJDinAROcn... 01 1 nockldebSa... loo's
K 14 Detroit Oat St.. 07 7 Ilsadgnl 4s.... 80
B EErltonlit 146 23 80
Hr 1 144 16 mod TT lit.... 83
IK? 8 144 23 83
H 4 Erls prior bds. 02 6 83
MM BdlaonEIcnfitll6 10StL8P r.118
lmB snwtm Sd...i42 fjstL-srgoi.. 1044
WtfWf' iaT,Bs. oo 6 106
mmyJJS 4 eo lstriitFi 103
"HyO 2 0enEIodbOilOO 3 8tFPllt,ID
vMMtM 6 Booking Vl St, ox 142
B fti S'Bp 741 08AAPlei4t 01
(fM) 10nTO(Hl4i. 78 0 01
HIB 86UrUmlit.r..lOO 10 01a
H ', 3IrnMt0i 88 7 02
? ' 1 IntQtNlil..l21 flSoR'trftrBa.... 06
'i llnlfcOtNSil.. 86 IStJkOIB-S-U 70
JK I 10KAnPcen.tr.. 84 13TPlitB 07
1H ! 84'4 4TczPoS(ltn.. 28
HJ 10 - B4 S5 28
Ht' &8 B 27 28
IH , aiuATati.. 80 6TOIR0,T4 82
H BKATSiJi 62 26UnP, PMctfi.lll4
-'rf, 1 Kentucky 0 lrt 88 70 111
p ' JOKC.PtOliU. 70 3 TJnPao8Bc.tr.il 3
B) ) 6 70 lUnPao07l.tr.113
jHiy 8 70 1 UlitDclltt Cil03
B.y, 2 70 0UP.DOlit. 48
j&l 4LATPrift.l20 6 48
jR7 8lVonHc4... 87 0 48
' . si-N.N4Ditl00 10 '."!.'.!!'.'."!!! 47
V ia7MtsnyB..H3 6 47
mf I 7MorrUEUt.l42 7 4B
f ; ' 4lob40 1itN..121 1 Wiblil 1071
'7 ' fiUob0(nl.... 70 6 107
IH: 3 70N lOWibSd 80
Kr , 16Uopuon 04 3 WeitSh4i,r...l09
H 1 NorPolit.o..ll8 1 WNYPmi 47
H' 60 NP prior .... 04 2 WNVPlitl00
H ; , 06 06 iwuc.nut.tr 33
B, 1 8 06 3 Wlllc A-E lit.. 03
B-. 3PtnlBi 00
SM' I total iilei of railroad boncU (par Taint). (1,918,000.
BV I aAlUlOAD AMD OTHER SHARKS.
JH Pptn- H(aV Lv r doting .
BJ BsIm. V. e(. ut 77(4. Aiiei.
BJ- l l004BAmBTU.18O 130 138 130 140
K ' SOOAraBM., 7 7 7 7 7
jBM' ,J BBAmTob. 80 80 80 80 87
-7 SOOAmOOp 76 76 76 76 70
Mf lOAK-h.TJI
SWk?;A 87c.. 12 12 12 12 13
MB llBTAtrh.T
$ BP.p.. 30 30 30 30 30
By ,1 BOOBrnatwk
B.f;f Ml p.. 7 7 6 0 7
BBfKH BlOBBaltkO 14 16 14 13 14
Bj,!'"i 4990 Bay BIO 4 4 4 4 4
BBt; BlTuBr-kRT 32 34 32 33 34
BB,!i lOBUn 0.117 117 117 116 118
MBKfj SSOOanBo.. 63 63 62 62 63
tt HOC toe p.. 88 88 88 87 88
Bn; fooocnotTf 15 10 i4r( 10 15i4
BBjs coohow
H pf.A 86 86 36 33 36
BK'., USOChnftO 21 21 21 21 21
BH us c.c.o
BS BtL.... 34 34 84 34 34
BMV - 010OHW120 121 120 121 121
Bj M870C.BAQ. 00 00 08 00 00
B' ooeoojftstp os 06 04 oe 06
'Jmb no cu tat
1 Pp....142142 142 142 143
OSIBOJtltP 00 01 00 00 00
mi BOOOoiraiL 23 23 23 23 23
BV'1 144CtpTrao 01 01 01 61
WTalV 8C14PUU107 167 107 108
mMj eOOOJITAT. 4 6 4 6 6
BB? fisoo, nvft
faW , ' Tpf.. 10 16 16 14 16
BB "; Bsoona 6 6 e
Bjf BBBOonaai.183 183 182 182 182
jmii, 0D0O.IL. 0 0 8 8 0
(fBwjy tBO.ILp 20 20 20 30 31
IBW 70DftHa4.113113113 112 113
IBSUJ 8D.I.W160 160 160 160 160
flBMS.! SBDRO. 12 12 12 11 12
I BS" looDuarD nt lit, lit, ii is
1 BSiC lOOErltRR 14 14 14 14 16
I Bfr 0OCritlitp 38 38 38 38 30
V B COOEdlEL.126 126 126 124 126
WfffT l400OraBI' 33 33 33 83 33
BfSM lOOITmBn.1.40 1.40 1.40
Bjll SOOIIawal'n
IfA OB.... 27 27 20 20 27
BUI' 400I!IOnt.l03 103 103 103 104
1 BSDKO.PAO 20 20 20 20 20
B?u 0K4D1I. 2 2 2 2 4
1 HOLIAWp 78 72 72 71 72
IE lOOLaclOat 44 44 44 44 44
i leOOLoaAX 60 60 60 60 60
m$ 68804 M.nOonl00 108 106 10B 108
US 170 Mln Iron 68 68 68 68 60
,.;; eSlOKttStR127 120 120 120 120
', 140Ulch0ral01 101 101 101 102
m tOOUAStL 20 20 26 26 20
. tBOUHoPa.. 33 34 33 34 34
-, VOOU.KATp 36 36 36 30 36
I; BOUobftO 28 28 28 28 28
M 40 mist lp 70 70 70 06 83
I ?' BKXNJOnt 06 07 04 00 07
880NYCenUO7 107 100 107 107
t. I.'1 lOONML-ttJ 34 34 34 34 34
Taki W( 10S.tMpl06 106 106 104 106
BmKj . ia.NYANn.i82 lea 181181184
yBS'i COO Y,Ct
BBB BtL..,. 13 13 13 13 13
BBBj,: 100KY.HAW 10 10 10 10 10
fBBVl 'i a n t. a
llaVaKi Wpf... 34 34 34 84 86
bVJ;T 117rlorPar. 21 21 21 21 21
BBM BOIlNPasp. 68 68 68 68 68
BBB7 100BOntW 10 10 10 10 10
BB v 088 Pa Mall 30 30 30 20 30
BMW&J 10PnlPalO173 173 173 171 172
Bw tsiop.co
BBj'i BtL... 38 38 88 38 80
B9; its r, o. o
BBJ0 BtLp.. 67 67 67 68 68
BBS'f 10ornRRliat 113118 112118
BB-jT BBIO People'!
BBWi'k' 00 00t 07 00 07 07
Bflh',! 800PhnlzU.O7 .08 .07
BW 4TS0midlnj 23 23 22 23 23
BB'i.j UMBRcadlp 62 62 61 62 62
BB() ISSORtadSp 28 28 28 28 28
'aBBI;,r' 7rowp oo oo oo eo 60
VjV; H0R.WO122 122 122 122 123
BBk4 100 81 Lb W 4 4 4 3 4
BS I00BIPAO. 77 77 77 78 78
BMviit tOOBoPao.. 20 20 20 20 20
BBjj lSOBoRrry. 0 0 0 8 0
MBBf? 1809 Bo Hr p. 32 32". 82 32- 82
L bbbbbbbV? 1 17BtJai
BVij 1.1 p.. . 63 63 63 63 63
IBBIf! rosstJAQi
BB sdp... 10 io to 10 io
iBBi too et l s
BB M.I Flit p. 66 67 60 67 67
aBeHlVi OOOBtLAS
BMMR rtdp. 20 20 20 20 27
BBi&V2y
Olyen- ' ea rCtattnt
!(. Av. ttU ttU BO. Atttd.
100TC4L. 84, 34 24 24 26
00 Twin ,0
RTp.. 06 06 06
e07 0dAThniOO. 108 100 102 103
iooTfrs. 10 10 10 10 li
OOOBOnPae. 26 20 28 20 20
14B0OP.DO 7i 719 0 0 7
aoacann. ie ie io 16 10
lOOOOBRubp 07 67 00 00 07
HOWaeaih. 7V 7 7 7 7
040WUT.1 88 88 88 08 8B
1B0WALE,
' 2 2 2 3 2
10WLB
P.r... 10 . 10 .10
00 WCh 81101'. 101 101 101 102
lOOWUnB. 8 8 8 7 8
Total lalti. 206.004 iharae.
BOBTON 0L08IMQ QDOTATIOira.
AM. AtU. Did. AtM.
BotAn..210 218 tVeitEteo.. 20
Dot Mr... 107 108 OrnEleop.. 82 86
Chic J com. 107 BotMon..l44i 146
ChloJpC.,109 100 Calnttli406 470
ritchburip 00 00 Qnu)cjU...110 117
HeirKngp. 80 TamMln...l20 130
tfexCcn4t 06 06 TamJr..... 16
Old Colour. 1864 Butte 23 23
WBRcom. 80 D 00 lit... 00 01
Domln'nC- 234 24BUOSd... 78 73
AmDeUT1204 204
rair.ADEi.rniA oiasino quotatiohb.
Hid. Atkid. Bid. AtUd.
UMrhVel 20 20 BIS Deem. 20 20
PhllaTraj. 7Q1, 77 ElSDpf... 20 30
Onion TrJ 114 13 Pll.LAPo 17, 13
KAPTo.. 70 70 PIl.LPp 42 43
HttTrao..,128 130, HTeliOcom 11 18
OTofNJt 30 37 VValtOpt.. 68 00
CTatNJSa 00 00 BltTru 20 20
DO Imp Co 00 07 Uuidea.... 8 0
nraLco.. 41 41
chicaoo cLosiita QDOTATioNa.
Md. AtUd. Dti. AUttA.
Bo8lde"L" 02 03 LSl"L"ctrt 14
AmStr-M.. 27 28 fell Brew... 7j
Canal D.. 60 UllBrewpt 28
ChloDroTr.. 714 - KYBIaouIt 01 02
ChCrowpf 27 30 NChStHr.228 220
City R'way.233 236 StStabtoC. 22 23
0lam,dM..13B 130 WChStRjlOl 102
LakeSf'L" 17' 17MitWS... 4 6
LATER LONDOV OnoTATlOt.
Atehlion, mp 13 Northern Pacific... 22
Canadian Paclflc... 83 Northern Paolnopt. 60
Chtaaptako Ohla 22 Ontario Wtit..... IQ,
Erie con, a ap 16 PnnjlTania e8
Erlelttpf 30 Kradlnir. litap.... n,
llllnole Central 100 Reading lit pf. 20
Eaniai Texaa.... lSstPaul 07
Lake Shore 177 South Railway 0
LouliTUUAKaih.. 68 South Railway pf.. 33
Ntw York Ctntral.Ho1 Onion P4UH0 26
tfortolxftWpf, m. ,49 WabaanpL 131
TnnnsnAT, Dec. 23.
The itock market was lifeless the icroatorpart
ot tho day, a condition that, as usual, encour
aged selling by professional operators, which
was effective In somo stocks to tho extent ot
halt a point. Speculation was apparently hold
in check by foirs that preparations for pnyinc
88,600,000 into the Treasury noxt Monday on
account ot the purchaso ot the Union Pa
cltlo Railway by the Iteorganiiatlon Com
mutes might cnuso a sufficient degreo
of activity in tho money markot to dislodge
weakly margined stocks. When it beenmo ap
parent, in the early afternoon, that abnormal
rates for monoy wera imnrobable tho short in
terest betrayed alnrm, and as the supply of
stocks in sight was Insignificant, modorato pur
chases to closo short contracts Imparted a
vory Arm tono to the market. In tho last
hour of business commission houses came
Into the market as buyers. Their clients tvero
evidently Influenced hy tho condition ot tho
money market, the furth'r dcclino in the for
eign exchange and poisihly by the usual an
nouncement by the representatives of tho rail
roads in tho Joint Traffic Association that more
effecttvo measures than wera over heforo
adopted bad been taken to secure a mainte
nance of rates.
Without doubt' the, most Important circum
stance affecting speculation was tho compara
tive ease of the monoy market The possibility
of a sharp flurry in money this week has gov
erned both Investment and speculative opera
tions. That possibility Is no longer a menace,
for the Government will bogin to-morrow to pay
out nearly $30,000,000 to t e holders of its ma
turlntr currency bonds. According to Washing
ton a'dvlces about 10.000,000 of those bonds
have already been presented for payment. That
amount will therefore be returned to circula
tion, chiefly In this city, enrly next week. On
the other hand, the Union Paclrlo Reorccanlza
tloi Committee will havo to pay to the Govern
ment on Monday over eight and a naif million
dollars on account of tho Union Pacific Rail
way purchase. Nearly half of that amount
will, however, bo deposited In the Clear
ing House banks of this city to the
credit of tho Government, and will be
at once available for the purposes of
business. The mannor In which the Union
Pacific matter has been financed redounds to
the credit both of the Treasury Department,
the Reorganization Committee and Its allies
among the officers of the Clearing Rouso banks.
In addition to the unusual disbursements that
the Government will begin to make to-morrow,
corporation, municipal, and other payments on
account ot interest and dividends will ba
made on Jan. 3, or soon thereafter, aggre
gating many millions of dollars. Preparations
for theso payments may keep the call money
market upon a 3 to 4 V cent, bills for ton days
to come, but after that the amount of money
seeking Investment or tomoorary employment
Is certain to have an effect. Moreover, tho
weakness In oxchnngo precludes a stringent
money markot hero, although European money
markets are very Arm at comparatively high
rates, and European bankers are doing every
thing in tbolr power to provent shipments ot
specie to this country.
Owing to the sharp rally In prices in the last
hour the dealings in stocks were moro extenslvo
than yesterday or tho day before, Tbo transac
tions showed a diversity of Interest. Manhat
tan Railway led the list in respect to activity at
a net advance of 2 points. Metropolitan Rail
way, on about tho usual volume of transactions,
closed 2's V cent, higher than yesterday, whllo
Third Avcnuo Railroad vraa favorably affected
by local transportation developments to the ex
tent ot 0 points. Sugar Refining was exception
ally strong, and tho same remark applies to Peo
ple's Oat, Hrooklyn Rapid Transit, and Jersey
Central. The closing was strong at about the
best prices.
Kinal sales compare with those ot yesterday
as follows:
Deo. to, Dec. 93. Dto 00. Dto. 08.
A,TSFtp 30 30 NPaoeora. 21 21
AmSIlef ,.13B 130 NPae pr, 68 68
AroTob,.,, so 80 N YCrnt... 100 107
Brook RT.. 32 34 S J Cent... 06 07
Can South. 63 62' Onl W... 10 16
C.lJ.tQ,... 00 00PeoO0 00 07
Cenaw,...182 182 1'ieMa'l... 30 30
Cbrt0, 21 21 lloeklilaal 00 00
ChOW.... 16 16 Hading.... 23 23
OrnElic... 33 33 Wd litpf 62 62
IlllnoUCnl03 103 8 Pcom... 04 06
KanATpf. 36 36 StPaulp.,,142 142
LouKaih 60 60 SoR'way,. 8 0
LaUtrttOaa 44 44 50 IV war P 32 82
UanhCon.,109 108 rc.IAtl.. 244 24
HoPacinc. 33 34 "n rao.,.. 26 20
ktetBtRy..l27 120 Wahaah..,. 7 7
K Wiom.,.181 121 WIIbM,. 88 88
Oovernment bonds weak. The 4s of 1026
closed tfient, lower bid. Railway bondsflrm.
The features wore Atchison general 4s, Colorado
Midland lsis, t. r.: Oalvetlon. Houston and
Henderson 6. Kansas City, Pittsburo-and Gulf
lsts, Northern Paclflo prior 4s. Northern Rail
road of California &s, Oregon Hbort Line consol
Ss, Hlo Grande Western fit. Ban Antonio and
Aranaas Pais 4s, Union Pacific p.m. otfs.. Union
PaclPc, Denver and Quit lets, nml Wabash "de.
The more important net advances were in
Colorado Midland lsts, t. r 1 tlcent,, to US; Gal
veiton, Houston and Henderson oa, iij, to
00: Northern Paclfle prior it, s. to 03tj
Northern Railroad of Callfnrnin Ss, .to 01);
Oregon Short Lino con to 1 Ds. , 10 06; Rfo
Orande Western lsts, , to 83, and Ban An
tonio and Aransas Pats 4, 1, to 02. The note
worthy declines wero In Alclileon general 4i, M
V ceuL, to 80; Kansas City, Pittsburg and Uulf
lata, , to 70; Union Pacific p. m.clfs., , to
Ill's; Union P.tcido, Denver and Gulf lsts, t. r.,
h. to 48, and Wabauh 2ds, 1 V cent., to 80.
In bank stocks 125 shares ot Pbenix sold at
ooaioo.
Commercial price of bar ollrer In Nw York,
HbWbBBBBBBB
J J .
6730. Dar stlveT'In'LDflilon-eloita i 30xd.
Mexican silver dollars wero quotsd at 40c,
Money on call 3s84 cent., doting at tho
higher figure, Time .money is quoted:,Thlrtr.
sixty, and ninety days, 3a V eonL, rthd six
months 3a4 cent., on .good mixed Stock
Exchange collateral. Commercial .paper -Is
quoted: Prime Indorsed bills receivable at 3Vi34
cent., primp single names at 4 V cent,, and
good names at 4a 9 cent. ,
.There was a continued drooping tendency to
tho market for both sterling and Continental ex
change, and rates for the former lonchsd the
lowest point of the season. Potted asking rates
for sterling are:, Sixty days, 94.B2, and sight.
4.BBi$. Actual rates are: Long bills, SH.8ls
94.81; tight drafts; B4.84f4.84, and cable
transfers, $4.8&. Francs are quoted at 5.23efl
6.22 for lond and 0.21db.209s for short:
relchsmarka, 0l04 tor long and 05 1-lOdl
05 3-10 for short; guilders, 40'g(S40 3-10 for long
and 30 15-10(340 for short.
Domestic exchango on New York: Boston
6 cents premium. Charleston nurlng, par:
selling. a premium. Savannah During. 1-10
off; selling, par. New Orloans-Bank, par; com
mercial, $1.25 dltcount. San Francisco Sight,
18eentapromlum;toleorriub.,17 cents premium.
St. Louis 25 cents discount bid. offered at par.
Chicago 50 conts premlom. Cincinnati Be
tween hanks, par, and over counter, 60 cent
premium.
Glucose Sugar Refining common Is quoted at
20330, and the preferred at 89sWl. Stand
ard oil Trust certificates closed at 3573358:
Amcfrlrnn Malting at 2i(326. and preferred
at 75I70; Standard Qas common at 135(4138,
and the preferred at 145(3148; Mutual Gas at
303(?350: Syracuse Gas at 22323al New Am
sterdam Qas at 30331. and the preferred at
73(3734. and the 6s at 08(300.
The Mexican Telegraph Company his declared
a quarterly dividend of 2 "a V cent,, payable Jan.
18.
The Central South American Telegraph Com
pany has declared a quarterly dividend ot IH v
cent., payable Jan. 0.
The Procter St Gamble Company has declared
a quarterly dividend ot 2 V cent, on Its pre
ferred stock, payable Jan, 10.
Tho Chicago, Milwaukoo and St Paul Rail
way Companr reports gross earnings for tho
third week of December of f 005,118, an lncrcaso
of $14,500 as compared with tho corresponding
week last year.
The Northern Pacific Railroad Company re
reports for October:
1R07. lAon. chnnntt.
nroi earning!, 0,7A4,7SB es.4ttR.rU14 Inc. $2nn.f21
Op. expemes... l.lBU.OAt 1.005,103 Inc. OS.Bot)
Ket eornlnc.l, nas.nw si,4:iB.ft4!i Inc. jiToJ.nM
Taxei 40,000 4U.9S0 Dee. 0,330
Netop.lnc'meOl.BfOilTrnHTiBSl Inc. 0IPS.4M
Other Income.. 80.01B 14,431 Inc. 1B.044
Total net 81.612,800 t,ao,t4 Inc. OaiToM
For the four months ending Oct, 31 the gross
earning wero $8.0(14.5! 0, operating oxponses
91,302,030. and net cnmlueh -1,571.080. Taxes
were $171,600, leaving net operating Incomn of
$4,400,380. Miscellaneous Income, not includ
ing land silo, vra 810,853, making total not
incomo 1,441,230.
Tho receipts of the Government to-day were:
Customs, $310,888: intornnl revenue, SoOH,
5n2,and miscellaneous, $23,204. a total of $002,
CM. The disbursements were $081,000, an
excess of receipts over expenditures of $218.
654. Tho receipts of the tlscal voir to dnto
have been $102,743,616; expenditures, $203,
430.110; dellclt. $10,602,503.
Tho offlcinl count of tbo cash In tho Treasury
at tho closo of business to-day compared with
that of yesterday shows:
ree. 02. Dtn. 03
Gold cpln and bulllon....Ol5,SOB,on8 SlBU.7T0.tn5
HilTerdolIonandbullloa 14.03t.S03 14,257.000
United Statci notes 48.55U.0S8 40,860.410
Other note, leu demand
liabilities 10,602,200 17,180,324
Available eath balance,
Including gold riierre.8037,188.040 0237.1C0.530
Money in London 23iS3 V cent. Rates of dis
count in open market for both short and three
months' bills, 2 15-10 cent. Amount of bul
lion withdrawn from the Bank of England on
balance to-day 30.000. The Bank of Eng
land minimum rnto of discount unchanged at
3 cent. Th proportion of its reservo 10 llubll
ItioH Is 42.07 V cent., against 45.01 last week and
4S.39 the aiuob week lust year. Tho weekly
statement ot the bank shows the following
changes from tbo previous account : Total re
serve decreased 1.484,000, circulation In
creased 500.000, bullion decreased 1)74,305.
"Other" securltleslncrensed 1.153,000. "other"
deposits decreased 1,565,000. public !oposlls In
created 1.338 000, notes reserve decreased 1,
506,000, Government securities increased 85.
000. Paris advicrs quote 3 V cents at 103 frnm-s
15 ccntlmrs. Exchange on London, 25 francs
241-j centimes. Tbe weekly statement ot the
Bank of France shows tho following changes
from the previous ncconnt: Notes In circula
tion Increased 1,350.000 francs. Treasury ac
counts current decreaicd 3.775,000 francs,
gold on hand Increase 1 725.000 trnncs. bills
discounted Increased 1 .200.000 francs, silver on
hand increased 2,850,000. francs.
Kessler & Co. nnd Henderson & Co. offer for
subscription nt 105 and interest $1,200.000 0 V
cent, first mortgngo gold bonds of the Central
Union Telephone Company, part, of an author
ized Issue of $3,000,000 due July 1,1016, with
option of payment by tho company after Jan. 1,
1006. nt 105 nnd interest. The compnny holds
licenses for all the instruments and apparatus
owned or controlled hy tbe American Bell Tele
phone Company In Ohio, Indiana, and Illinois,
and . Is operated under tho policy of
tho Amorican Boll Telephone Company,
which owns more than half the capi
tal slock of tho Central Union Telephone Com
pany and also a Urge part, of Its bonds. A state
ment of accountants, accompanying the an
nouncement of the bankers. sas (hit tho net
earnings of tho company for the flvo jears end
ing Dec. 21. 1806, nem $306,784 per year. Tbo
net earnings for 1807, partly estimated, wero
$340,787, or morn than double tho amount
neeossary to meet the total Interest etitrgc.
Holders of Interim certificates, Is&ucd by the
Guaranty Trust Company for the common "ml
preferred stockB of the American Mntting Com
pany, nro notified that they can exchango Ilium
for engraved stock certificates at the office of
tho Guaranty Trust Company on and after
Dec. 27.
Tho sales of mining stocks at tho Now York
Consolidated Stock and Petroleum Exchango to
day were as follow s:
Open- High. Jjow. Clot.
Rate. Kane. ino. eir. ett. inn.
10(10 Brunswick 12 .12 .12 .12
100 Best fleloher.. .66 .63 .66 .66
BOConCalAVa.... 1,30 1.30 1.30 1.30
BOO Con Imperial... .02 .03 .02 .02
100 Oould SCurry.. ,46 .45 .46 .46
100 Horn Silver.... 1.46 1.46 1.46 1.45
000 Utile Chief. 14 .14 .14 .14
300 Mount Rosa ic .15 .15 ,15
tOOOphlr 06 .06 .05 .06
WO Occidental 1.06 1.06 1.06 1.06
BOOPhirmailut 00 .00 .00 00
400 Phoenix of Arls .07 .07 .07 .07
BOO Utah 00 .00 .00 .00
Tout tain. 4, 1 5 0 har it.
coxriirjicTAz. cosirnyn.
TnnnsnAT, Dec 23. OnAts Wheat Spot
was In fair demand nml steadier. The sales wero
301.000 bush., including 30.000 ungraded wheat
on prlvnto terms; 203,000 No. 1 hard Manitoba
nt $1.04 and on private tcrmc for export, aDd
60,000 ungraded red on privato torms for local
account. Free on board afloat: No. 1 Northern
spring New York. $1.02; do, Duluth, $1.01;
No. 2 hard winter. 01Uc.: No. 2 red. $1.01;
X . 1 hard Duluth. 81.05. Minneapolis re
celvod to-day 222.H70 bush., against 140.200
last year: Dciluth -10.385. against 110,381; Chl
cego2ft0.2ll(:agaliisl 18.200: Milwaukee 20,150,
against 27.300, SI. IJUls 40.000. arralnst 0.075;
Toledo 18.435. againit 13,036; Detroit 2.0311,
against 2,0(11 last year. Fill uros wcrn lo. to '.V.
hTgberatonotlmo, but closed ?& to 1-jc. hlgbor
for tho day. Future tales 2,115,000 busb., as
follows:
Lait
Opening, tltahft. Ktnrttt. Cloetna. Hlnht.
Decemher.lOlla 101, 101 101", 0'J.
January... 04' out, 08', tioij U8
February.. UU, 100u 09", 1101
May 4a B 04a Vt 0Ra
July 8NI, SS", SH't 88 Lj 67
Ilarlerwasitronrer. New ferdlng. 201433040., coat
anil f relghl to fluflaloi malum, OrtOVc, at to quality,
live Wan dull Mate. dOitBlr.i No. 0 Wenern. 6O0
CO Hie., coUand freight to nuftaln. Cora hpot wa
ateady. ThH tales were 105,000 buih.. (Deluding
10,000 No. 'J wbllei 81,000 No. 0 mlied here, and
40.000 do. at tho outporu on private terms for ex.
port. No 0 mixed. In elevator, B3.c.i 0,0' 0 do,
at 34e delivered. Futuret advanced o. Future
tales UO.O00 bush., at follows!
Last
Opining, lliohitt. LovMtl. Clotlna. Xiaht,
December... .. 00i Sft
May 04S 34 84, 31, 84
Oats Spot was jo. higher. Tbe tatet were 118,000
buih . Including 73,000 No, 0 mixed, and 10,000 No.
0 clipped on private terms for export. No. white,
1(11,(3,300,1 No. 8 do., OBLKitOttci No. 0 whltecllpped,
800.1 No. Odo. 80c. No. 2 mixed. 0,000 at 07al08o,
No. 3 do., 07". rejected mixed, OA0.1 do. white,
1 Res No. 0 mixed delivered. 8,100 at 284(J29c.i
track mixed. a7i2Bo. (to. white. 10,000 at20334o.
Futures advanced c Future sales B,000 bush., at
follows!
Loaf
Opening. Jllghetl Lowetl. doting. Kiaht.
Deemher...03 OS 08 OS 2711
February.... .. ., 21 270,
May ,. 08 07
Wheat was quiet to-day, but ttrong tad higher. In.
flueneid by better Liverpool cablei than had baeu ex.
pected, ruoderata foreign buying, covering of ahorta,
aud disquieting political rumors from abroad, prloet
advanced tharply. Part of the, Improvement waa loat
before the close ou raallilug sales, but tbo jut prices
showed a material net atvance for tho day, Liver
pool advanced 'id. to VI. Paris decimal o. to le.
The Northwestern rooepta were moderate, being 407
cars, against B24 last weak and 3JU last year. The
flour output at the Northwest lait week waa 398,040
bblt.. against 48B.IVS In the previous weak and
004,04n last year. The Cincinnati Price Current, la
Its weakly crop auinmary, said that considerable
snow protection and low temp raturea art not mani
festly injurious 10 wheat. Corn and oats wert quiet,
but firmer, In sympathy with the strength of wheat.
Liverpool advanced "id. to 'ad. oa com Chlcaao re
ceived vbb ran of rorn and 000 ot cats. caToaco,
Dee. 03. "The wheat market to-day was higher, and
that Is about all tbere l to be tald of It. Llttrsc-o!
was Arm 1 French, mark tu eatltr. Olaaraaoa, from
the seaboard were 400,000 bosh. Very little new
bailnest was reported. Clearance! tor the week
will probably be about B.BOO.000 bush. The Imme
diate future of the market It In doubt owing to the
uaoertilnty' of the outcome of tho December deal,
but that cash, wheat will all be paid for teems now
assured. .Corn and oatt were Arm, the latter show
leg the most strength owing to an excellent cash de
mand. There Is nothing much In tlsht bow to causa
a decline In either oatt or com.' The former art likely
to work blither." . . .
Fbotm rvat leas aetlve but ttroager. In tympatay
with tht tharp rise la wheat, Tho salts were 8,000
bblt,
J!M. Sao:
ReoelDtt 7,101 04,000
Export! 8,040 73,710
Winter In bblat Soperflne, O3.10a1 SSt No. 2 extra,
8 40(118.001 straights. 4.t0a4.BBi patents. 01.70
alG.10. Spring In bhll I Clean, 4.1Bai4.40i
strait btt, lt.BOi3t4.H0i patents, t4.ti3a09.S0. Mill
Feed-Waa dull but firm. Western spring In 100-JS.
sacks, tlU.7S(tl4 SOO-BI., 01B.0t wlnterln bulk,
tl8.60IB.
Cotton Spot cotton here advanced 1-lOc.i no sales.
Middling uplands 0 IB-IBo.. against 7ee. last veart
New Orleans and Oulf 8 8-1 ne atalnst 7e, laat yaar.
Savannah and Ht.Loultadvancdl.lCc. NewOrieant
told 0,000, Savannah 1.800. NorfolK 1,100, Mobile
BOO. Augusta 008, and SI. Louis BBO bale. Liverpool
was unehantel on tht spot, with talet of 10,000
balett futures there advanced 0 to 3a points,
closing barely tteady. In Manchester there wat
not much doing In yarns! cloths quiet but
tteady. The Rontbay receipts for the week
wert 80,000 bales, atalpit 80,000 last yean
shipments lo Oretl Drltaln. 1,000, against 0,000 last
yean to tbe Continent, 1,000, acalutt none lait rear.
Augusta received to-day 1,589 bales, against 2.038
last week and 1,340 last yean Memphli O.aol,
axalast 0.050 last week and 11.00.1 laat yean Ht. Louie
K30. asalr.it 1,007 lait week and 1,307 last ytan
Houston 7.B03, against 0,087 last weak and P. 1 BB last
year. Augusta shipped to-day 1,004, Memphli
0.093, Bt. Louis H.0S8, and Houston U,t77 bales.
Houston expicts to-morrow t.BOO to 5,000 hales,
against 13,000 laat weok and fl.Hfll last year.
New Orleant expecu lfl.oOO ro 18,000. against
10,807 laat week and 10.700 last year.
The port receipts wert 41,891 bales, axalnst 60.081
lattweek and 40,740 last year; thus tar this week
00:i,090 talet. againit (100.3I4 thus f4r lait week.
The exports from the porta were 37.47H bales, New
Orleant advanced 0 points. Futures here advanoed 4
to n points, but reacted slightly and rioted quiet but
itradr at a net advance of 2 to 4 points for the day,
with talet of 173.000 bales. The future trading wat
at follows:
Closing'. Illofint. Intoeet. .lale.
December. ..B.709B.S0 o.r.o 5.7R 2,000
January 0.805.81 5.81 5.78 40.7110
February... ,B.3fB.4 B.84 0 83 1,800
March 5.87(.6.B8 B.8I1 B 80 S1.I100
April B.UOGsB.03 5.113 5.03 800
May B 07,15.38 B.00 5.95 02.700
June 0.03(40.03 0.03 0 00 0.200
Jlllv tl O0(9B.O7 80S 0.04 0,800
August n. io.tn.it n.ia bob 13.100
September.. n.oti(i,o.lo fl.ll n.08 1,200
October 0.10S.13 0.13 0.18 200
Cotton was firmer to-day. The trading was quiet and
In the main of n local, holiday character. The Liver
pool market was firmer, with a good demand for spot
cotton. The rvclpts at the ports and the interior
towns were moderate. Spot cotton at the Routh was
firm, with a gool demand from exporters. There
was tome buying for Investment uod outside ac
counts and thortt covered. In a word tbe develop
ment were In the main of a bulll-h character but
the lm rovement wat illrht. owing 10 thodulneriof
the epocutatlon. Part of the rise w as loir berore the
close on telling by local s"alp-rn. the laat prloet
Bbowlug a small nt advance for the day.
CorraE Itln on tho spot waa dull hut easy: No. 7.
ONc. Sales Ouo bags Maracatbo and 020 begs Mexi
can on privato terms. The futuro trading waa as
follows:
SaUt. Utjhetl. Tjatrtet. Cloning.
January 250 6.00 0 (in 505131100
Fehruary.,.. BOO 0.05 B 05 fl.006to.10
March. 7f0 0.15 0.15 0. 10515. 13
May 800 0.2(1 B.00 fl 20AB.2fl
June BOO 0 23 BOB fl.2S10.30
Ecptemtier.. BOO 0.15 5.45 B.IOfJO 4B
October. .. BOO 0.30 b.bo a.4Bg.BT
November.. COO B.BB 0.B3 0.411(3,1153
December... 250 .... .... 5.03S0 03
Futur-e here advanced 3 to 13 points, cloilng dull,
with nalesof 4, 250 baps, navre advanced lf.toiut.
namhurg advanced U pfg. to "a pfx. Rio was ateady
at unchanged prices; receipts. lK.OOOt stooz, 420.
OOOiexehange. 7d . adecllneof l10d. Santcawaa
3nlet at 10u relt dwllne; receipts, 10.000: stock,
14,000. .letter European cablet than bad bean ex
pected caused the improvement here to-day. A
Santos cable atated that tbo new cron had been dam
aged. American warahouso deliveries ls.474 bags.
Amerlc-n visible supply of BrailL 1,123,002, against
741,878 a year ago.
MKTAta Iron Was easv. Spot, De ember and Jan
nary, t6.03Gt80.75. Copper Was unchanged. Spot.
December, Jenuary. and February, Ifl.83(4.l0.ii3c.
Lead Wat stetdy at 3.n703.72lflC. for spot, De
cember and January. Tin Was quiet. Spot, De
cember and January. 13.ooai3.70c. pelter Was
unchanged. Spot and December. 3.834c.
Naval Stores Spirits of turpentine were firm at
S3S33HC; rosin waa tteady at 01,40001.46 for com
mon to good strained.
Pxtbolicm Cruda certificates were unquoted hare
and In Oil City. Iteflned waa unchanged.
Provwiois Lard waa Inactive. Prime. 04.83: city,
t4.37i.(lS4.H2i.j; rflttid for the Continent. 03 05.
I'ork was dull. Mess, 08 S0to. C it mean were
ateady but quiet. Pickled haras. 0a4C714a;do. bellies,
64&ec.; do. shoulders. 6?854C. Dressed hogs. 4t
Q0c. Tallow, 3 o-lrto. Butter Western. creamery,
extras. 20c: firsts. 20001c: seconds. 17i
lfct thirds. 16lBc: State, fancy. 21c; firsts,
103.VOC.: thirds to eecondi. 15(tl8c. Cheese
state, full cream, large, f.tney, $y:.i finest,
7y?a4C.t fair to good. 74(&7,ac; common. Ba
7c.t email, colored an1 white, fancy, O&Uc.i flnost,
BUOvc.: common to good, 73(480. Hgra State
and Pennsvlvanla. fresb gathered, fanoy. 24c.t
good to prime. 0 1 &2( t Western, fresh crath' red rlrsti.
23c. i fair to good, 20Q22c. Chicago. Dec 48. "Pro
visions were firm and higher In eplteof !1lerat ro
celttts of hogs. There Is rather more speculative In
quiry, -nd tho sentiment generally favors higher
prices."
SroAK Raw waa firm and more active: SB test.
8e.; US test, 4c t-alet, 4,b00 ton, centrifugals.
VO tet at 40. lleflned was more active aud firm.
Wool The Wool Exchange quotet pulled wools.
scoured basis. n follows: Fine A. 49332c: A supers.
4ct8c.: II supers. 413,48c; Csupers. . 121333c.: flno
combing. 43848c: combing, 40i$4lc: California, fine
est, 32(33c; California, second. BlciWestern, extra,
47&4lc.; Western, super, 41344e. Wostem, low,
OOftOBc.
Cutcaoo, Dec. 28 These were to-day'a prices:
T.att
Wheat: Opening. Uiahett. Lnvett. Ctoalng. Xlght.
D-c 08a I'U'i 08 U0a 98-S,
Jan 034 Bt'a 0n 11434 OSLj
I May O.Uj 91 0n4 03! 02',
July .... 81'4 814 84 84t 8Jd
Com:
Dec 204 ens, sa'V) 004 2014
Jan 20 ti4 20 sua 2il"-j
May 20 K, JU sue, set, 20
July 303 304 30a Boa, 301-j
oaf:
Deo 23 SOS 23 0C 21',
May 22',, 23t 02 03 22"
Lord."
Jan 4.6S 4.571) 4.C-6 4 03 4.67?
May 4.70 4.76 4.70 4.72a 4.724
nl6s:
Jau 4.40 4.4B 4.40 4.40 4.421
May 4.SS 4.574 4.0'JL, 4,03 4.574
I'ork:
Jan tS.B7ia tS.773 8.B7a M.70 tt.B73
May fe.7lj 0.00 B.874 8.07 6.924
Live Stock .Marktt.
Nxw York. Thursday. Dec. 23. Receipts of betvat
were 168 head, mainly direct to local slaughterers.
No tradlngi feeling rin. Dressed beef steady at 7co
Rc tb.for poor to pr.me natlvesldes. Cable from
British markets quote American steers at lOllo.
9 is., dresson weight: American terrlgerator U f at
71c(8Uc in A. Exports to-day, 377 bcevea; to-morrow,
200 bee 01.
Itecotptii of calves, Including a fow direct, were 111
had; active an 1 Arm for all sorts and all sold. Vealt
sold at 40(380 t1 100 Bs acarof Western calves at
S'1.50. Dressed cales fenerally firm. City dressed
veas, 11(a104c. it' lb.
Receipts of sheep and lambs, including 7 cars
direct to butt-ben, were 4.H00 headt 17 cars on
sale all told. Dull all around, with lambs showing a
decline rrnm rcatcnlay of (4C. ft. len cars
wererarricd orrr. Hhiep sold at (3 75.tlt.70 ( 100
s.i Iambi at tB. 134(1(0.30. Dresaod mutton, 0 4
aHti. s4 tt.idrowsod lambs, 84S104c
Receipts or hog were V.HIO head ; 728 head on tile.
Firm at 3.70U V 100 Dt.
Court Calendart Tltlt Day.
Appellate Division Supremo Court Receu.
Mi,remo Court Special Term Part I. Motion cat
endarctlledat IU:bOA.M. Part II Ex-parte mat
ters. Part HI. Clear. Motions. Demurrers Not.
012, BUI. Preferred lajsn New. 0004, 6231. Part
IV Clear Law and fact Not. 0603, 6077, 6730.
6763.3011,404.1, 4810, 5117. 3234.54211. B46II. 5V8H,
6337, 49110. 1059, 63111, .194'.', 4800,1080, 61171,6801,
Part v. Clear. Caset from Tart IV. Part VI
Clear. Cases from Port IV. I'art VII. Clear. I le
veled R. R. cases Trial Term Part II. Clear.
Preferred cause-Nos 14170. 14380. 13-J27. Part
III. No day calendar. Call calendar for Friday will
tie calbd at II A. M. Part IV, No day calendar.
Part V. Adjourned for the term. Part VI No
day calendar. Part VII. Case on No. 24311. Llcht
ensteln va. Jarvls. No duy calendar. Part VIII.
Casi on No. 12115 Merserau Co. vs. Washburn.
No calendar. Part IX. Adjourned for the term.
Part X. No day cabndar. Part XL Clear. Caset
from Part II. Part ML Adjourned fur the term.
Hurrogate'a Court ChsrubTH Motion calendar
called at in 30 A M. For probate Wills of Margaret
J. Smith. Albert (iuerln. Iieriha Drejer. Francis Pat
tenon. Mary Erlwcln. Bertha Llchtauiteln, at 10:30
A. M.t Madeline Stelnbach, at 0 P. M. Trial Term
Nodayca'cndar,
City Court Special Term. Court opens at 10 X. M.
Motions at 10:30 a. M. Trial Term-Part IV clear.
Short tausei No. H710. 11071. 3933. 8017, 37K6.
8000. 3880. J07H, .'1160, 3003. Parti I., II., and IIL
Adjourned line die.
.ftnnnr.iU.
mag & pendleton;
45 BROADWAY.
C N. Y. Slock Exchange,
... , " Produce "
MemBers of Cotton "
" Coffee "
Exceptional Facilities Offered for
Dealing in Cotton.
Office or the
American Malting Company,
HO IlrsMsllway. 1
HEW YORK. Doe. 04,1897. J
Ilolden of Interim certificates. Issued by the GUAR
ANTY TRCST COMPANY of New York, for the com
mon and preferred stocks of the AMERICAN HALT
INO COMPANY are hereby nottOed that they can ex
change them for engraved stock certlflcatet at the
office of tht OUARANTY TRUST COMPANY of Ntw
IYork, BB Cedar Street, on and after Monday, Pec. 07,
1007. fc B. CHAroiAtr, Treasurer.
.iBautta.
The Central
Union Telephone Co.
81, 200,000
Six Per Gent
First Mortgage Gold Bonds.
PART OF AN AUTHORIZED ISSUE
OF $3,000,000.
Dated July 1st, IdOO. Doe July tst. IOIO.
OPTION OF PAYMKNT AFTER JAN. 1ST, 1000, AT
10B AND INTEREST.
laterett Parable January and July.
TRU6TEE Or MORTOAOB.
Tbo Illinois Trust & Savings Dink of Chicago.
Titopunrr.
This Company holds licenses for all Instromintt
and apparatus owned or.sontrolled by the
AMKBICAR nifXIi TVLKPIIOXBCOnPAXl
In the territory comprising the Statet ot Oblo, Indi
ana, and Illlnolt, with the exception of afowooun
tlet In each State, mainly adjaoent to and Including
ths large cities, tuch at Chicago, Cincinnati, Cleve
land. Evantvllle, etc.. where other local Btll Tele
phone companies exist
With regard to the construction, the Electrical En
gineers in a report dated March 84, 1807,ssy that a
great amount of rebuilding hsa been done In each of
tbe put three yean, In accordance with the beat
modern practice! that lu their Judgmtnt the prop
erty as a whole It In good physical condition, and
that the equipment generally Indicates tn apprecia
tion of the advanoti that are being made In tele
phono appllanoet and methods. At a remit of Im
provement! and extensions, tht business from toll
lines hai Increased In 1807 over 1800 01 per cent.
VALVE.
At the time of the examlnt lion, whoa there were
ouutandlng tl, 276.000 ot bonds, the Electrical En
gineer! state, with regard to value:
" Leavlnx out or account tbe value of all licenses,
franchises, and rights ot-wiy, we estimate the value
of the property of tbe Company, baaed on the ccit ot
reproducing it, to be at present prices at t4, 740,000."
The above represents the plant, and In addition the
Compnny owns, aa per the Acoountant't report,
locks, franchises, licenses, and rights-of-way. The
proceed! of the present offering will alio add to the
value of the property.
x.uiviyos and fixed cnAnars.
The Accountant reports! "The net earnings (after
deducting all depreciation. Insurance, repairs, main
tenance, royalties, and all other chargea except In
terest) for the five ytan ending December 31, 1808,
amounted to tl. 038,020, an annual averago of
0300,784." Although ontng to extraordinary ex
penditures for Improvements and maintenance,
the net earnings for 1807, at furnished by the Com
pany, were:
For tho first ten months 1081,787
Novembor (estimated) 37,000
December " 87,000
Making a total of 1340,787
or morn than double tho amount necessary to meet
the Interest charge of tlBO.000, being a percent, on
the bond! ontstandlng. Including the present Issue
In all 19,300.000.
CArTTAT, STOCK.
The capital itock outstanding Is JB, 003,300, of
whtch the American Dell Telrphono Company owns
t.1.320.900. being tho majority. It li alto a large
owner of bond!, part of thu present lssuo, and tbe
Central Union Company Is operated under Its gen
eral policy.
aronzoAOE.
The mortgage cover all the property, rights, privi
leges, and franchises of the Company, now owned
or to be hereafter acquired, and the assent of
the American Bell Telephone Company haa been
obtained to the assignment to tbe trustee of the
licenses and contracts.
EXAMIlfATIONa AlfD ItEPOItTB.
Tho legal organisation ot the Company, and all Its
proceedings relative to this Issue of bonds, baa been
examined and approved by Messrs. story & Thorn
dike, Counsellors, of Boston. Tbe physical condition
haa been reported oa by Messra. Stone & Wcbeter,
Electrical Gnglneen, and tho accounla by Ht-nry A.
Piper, Public Accountant, Boston.
These reports give a very clear Indication of the
value of the security, and the care taken to safeguard
boudholdotV Interim; and an examination la solicit
ed, copies of tho tame being ou flit at each of our RE
SPECTIVE OFFICES.
we nit- onniUD Ttin atiovk nons as a
DEMH.1BI.R lSVESTMKXT, A1il OPIRII Till!
sam it run huiisi iurriox at 103 and i
Tniti'.sr. auuicmi'TioM uiiuki ill he.
MAIM UPKX AT Ol 11 RIMI'KI TIVi: Ot'FltlM
UTIL MKDXEintY. JAItVAKV 3, 1HOH.
.lOTH-K OP Af.l.OT.TIK.IH DEI.VI. UIVICV
TIIKItKlFTKn AH rnoMPTLY AM PO-BlnLBl
IIKMlXiltY It ILL UB MADE OX JAXL'AIIY IO.
I HUM.
the mciiT ia rtr.sr.uvnn to ixedece on
n EJECT KUDICniPrlONS.
EESSLER & CO.,
54 YAI.I. RTnrET, It. Y.
HENDERSON & CO.,
a cntl'.R STREET. IT. Y.
STATE STREET TRUST CO.,
BO STATE BTIIKET. nOSTOT.
To U)e flfocUht.dftt-a or the
Central Pacific
Mailroad Company.
Referring to notice heretofore given, certlflcatet of
stock may be deposited with CENTRAL TRUST
COMPANY of NEW YORK, No. 6 1 WALL STREET,
NEW YORK CITY, under agreement filed with the
Trust Company,
Copies ot tbe agreement may be obtained at tbe
office of the CENTRAL TRUST COMPANY, 64 Wall
Street, New York, or from any member of the com
mittee NEW YORK, December 03, 1807.
Al'UCBT nELIIOXT,
tOU C. CAni.lRLE,
GEORGE COP1TI.I,.
Committee.
ADRIAN n. JOLINE,
Coar.ieh
Baltimore & Ohio
Railroad Company.
A Circular addressed to the holders of the Con
solidated Mortgage B per cent. Oold Bonds of the
above Company, due 1088, detailing the proceed
ings taken for the protection of the Interest of the
Bondholder!, and calling for a deposit of the Bonds
In order that these Interests may be effectively
represented, has been Issued In New York and
London, under thli date, Coplea of the Circular
and Bondholders' Agreement, together with itate
meat furnlthtd by the Reoelvrrt, may be had
upon application to either of the undersigned.
The time ror depositing bonds will expire ess
JANUARY, S, IHUS,
j. p. BionoAN & co.
BROWN imOTHEllS & CO.
BAIUNO, MAOOUN & CO.
New York, lit November, 1807.
MANHATTAN SAVINGS INSTITUTION.
no. at nnuAuiTAY.
NEW YORK. Deo. 00, 1007.
93rd Seml-Anoual Dividend.
The Trustees of thli Institution bave declared
Interest at the rate of 8 Hi per cent, per annum
on all sums not exeeedlng 03.000 remaining on
deposit during tbe three or tlx months ending on
the Blit Inst., ptrabla on and after tht third
Monday la January next.
JOSEPH DIRD, President.
FRAHK O, BTILES, 6 tore t try.
' (iRnttrittl.
tfiitwiisii m sNssfci.,ji4iiwt1aassvtJt
BOSTON
GAS
SITUATION.
Hoston, Docotuncr33, 1B07.
With reference to the nrtlclo of Sir. Thomas
W. Lawann, published to-day In Now York and
Boston papers, I linve to siy that nothing has
boon done In connection with tho organization of
The Um England
Gas & Coke Go.
In tho slightest degree to Impair the security
ot the
Boston United Gas Bonds
of the First anil Second Series
and also In no war to Impair whatever rights
tho junior securities may havo had In the equi
ties after the bonds wero paid.
Tho mattor of the formation of the
New England Gas 8 Coke Co.,
Its declaration ot trust and Its mortgage are
mattors of public record. The Board of Kloctrlo
Light and Oas Commissioners havo been In
vited repeatedly by mo to make an Inspection ot
our records and to acquaint themiel vol .with all
our purposes and plans. I personally gavo them,
many days ago, a copy of our contract with the
caa companies, and later handed them the
declaration of trust.
I havo assured them that they are at liberty
to mako tho fullest Investigation of our records,
and although I hare, had no communication
with tbem since the publication of Mr. Law
son's article, I havo no hesitation in referring to
tho Board ot Electric Light and One Commis
sioners as to tho truth of this statement.
Partioswbo subscribed for tho securities ot
the Now England Gns & Coko Co. did so with a
full knowlodgo ot tbo properties covered by tbo
purchase, as specifically get forth In tbe under
writing agreement.
Let me say, further, that I hare no'lntontlon
of disputing with Mr. Law son his views on the
general problem, which my atsoclatos and my
solf nro endeavoring to solve, to wit: To furnish
pcoplo ot Boston and vicinity gas at low rates,
inada from coal, both for heating and lighting
purposes. lie is entitled to his own views on
that matter. I will simply say to all who are in
terested that tho people who have embarked
with me In this enterprise Include many of tbe
ablest and strongost men In the country. Every
step taken by us has been the result ot careful
Investigation and experiment. Wo are going
on successfully along tho Unas laid down. The
engineering and mechanical steps are develop
ing In due order. The money necessary is at our
command. We bavo every confidence of com
plete success. Wo believe that when our plans
are completed and our works In operation every
gns user In Boston and vicinity, every holder of
present gas securities, nnd ovory ono who hns a
part in our undertaking will bo pleased with the
result.
In the meantime we leave It to others to criti
cise whatever tho motive, as tucy seo Ht, only
asking some decent regard for tho facta In the
mattor, not for thoso most largely concernod.
who are ablo to tako care of themselves, but for
the small Investors, who arosooaslly Influenced
somotlmea to their, detriment by Inspired at
tacks upon these securities
El M. WHITNEY,
President of New England Gas and Coke Co.
CITY OF NEW YORK
SI Per Cent.
COUPON OR nEGISTEBED
Gold Bonds.
MATCRI.tG IMS TO 1D9T.
EXEMPT FROM TAXATION.
FOn SALEDT
Vermilye & Co., Kubn, Loeb & Co.,
Saltan flue at. Ves. 37-30 Pino It.
Union Trust Company of New York
SO nitOADWAY.
New York, December 2Itt, 1887.
Notice It hereby given that, In accordanoe with the
Trust Deed of the DOUDES MINING COMPAXT to
the UNION TRUST COJl'PANV OP NEW YORK, the
following numbered bonds of mid Ilordcu Mining
Company have been drann for redemption, vli.i Not.
34 92 128 160 175 187
56 99 145 169 178 219
79 116 155
Said bondt will bo redeemed hy tbe Union Trust
Compiny of New York, Trustee, after tbe tint day of
January. 1 888, at par, on preaentatlon at the office of
lalJ Trust Company.
Interest on salrt bonds will cease after Janutry lit,
180?.
UNION TRUST COMPANY OP NEW YORK,
Trustee.
Bt. Jose.-h nnd (Iranri IXtii-l ItnllwnT Cn.
tin Broad it . Now York. December 21. 1807.
Atarmotlns nf the Kxncuilvi, Committee of the
Hoard of Directoni. hrlil tli day. a dlviitei.d of TWO
AND ONrWULV Pllll CK.NT. ou tho First Preferred
block of the company w it declared, payable January
16, lstw.to the holdrreof record of the First Pre
ferred Moslt nt thoilosnj of the transfer books on
January D. 1808.
The transfer books for First Preferred Btock will
cloio January .1. lHHR. at U P. M., aud will reopen
January 17, J80d, ut 10 A M
W. 8. WILbON, Secretary.
04 Wall at,. N. Y., December 81. 1887.
The above-mrntloned dividend of TWO AND ONE
HALF PKR CF.NT. will be payable on January 18.
1808, to noUera of reooril at the oloieof buslneai on
January H. 1808, on tli" books of the vutlnii Trustees
for Critlflratrs of First Preferred Stock of the Ht.
Jos"ph and ilranl I. land tlallwar Company.
Tho transrer looks of the voting Trustees for Cer
tificates for First Preferred Stock will close January
8. 1AU8, at 8 p. M., and will reopen January 17, 18U8,
at 10 A si.
CCNTltAL TRUST COMPANY OF NEW YORK.
An nts for Toting Trustees.
Peoples Oas Light
and Coke Co.
(OF CHICAOO).
The Annual Meeting of the Stockholder! of tbe
Peoples Qas Light A Coke Company will be held
at tbe orflo of tho Company In Chicago, 2 Uadlson
Street, on Monday, January 101b, 1888, at eleven
o'clock A, M.
Tbe transfer books will be closed In accordanoe
with the by-lawt, at tbo close of business Monday,
Deccmler '.Oth, 18U7, and will reopen Tuesday,
January 11th, IU09.
C. K. O. 1111,1.1 NOS, President.
BROWN BROTHERS ft CO.,
. Of) 1VALL NTIIKKT.
Letter e Hot and sell bills of exchange ureal me Ml
ou Great Urltaln, the Contl
M nent. Australia, and Eoulb --.vif..
"' Africa, mako cable transfers "t.
,,M of money and collections of
vrrait, drafts on all parts of the world.
PHILADELPHIA, BOSTON. aSBKSL
ALL CONMCCTED Hi PRIVATE WZRX.
einmulnl. ' ,, ffl
" -- - - iiri.nL' --i - 'i.i- ulTli ibbbb
To Borrowers- !8
To Lenders. Jfl
During tbe first eleven month ot 1807, "vil
this company has loaned on mortKajrivIa tJil
New York nnd Brooklyn, nnd Bold to IrK, tjlil
vestom tho mortgages taken, to tho follow-
Ing extent: '"H
January $1,701,000 41
February 1,020,000, . i
Mnrch 1,0(13,000.- IH
April 2,nO-l,OQO.f 'H
May 2,7.18,000.' 1H
June 2,880,000.' JH
July . 2,051,000, Wm
August l,ill0,O06. fgS
September 1,171,000. Ifl
October 2,:U7,000... , H
November i, 057,000. . , ?iM
Total rp22,137,000, 'fl
Borrowers sliould apply to It. Thoy sara ' 'SIM
commissions and disbursements. slH
Every good mortggo promptly accepted.1' Mm
Lenders should applyto It. They gctgoo'd f Mtjmm
mortgagesond savolossof Interest by delay. IM
Title guarantee ' ' fa
and TRUST COMPANY. IM
140 Broadway. 175 Itcmscn St, ' i
New York. Brooklyn., , 'jjjmm
CAPITAL, 82,500,000. f; 9
SURPLUS Sg.OOO.ODO.3,': 1
mm & stout I
1 Nassau Stroet, Cor. Willi St '$
..un- C New York Stock Kichanse. ,f!IMH
MEMDERS OP 1 New York Cotton Kxchance, . )!(
f Chicago Hoard of Trade. VffiM
Orden executed on the above Exchange! In "$?!
BONDS, STOCKS, COTTON AND 6HAIN. k (
OKFicP?0: , B
Northern Pacific Railway CompanVi tH
MILLS RUILDINO. WSH
NEW YOIUC, December 10th. 18B7. t iKOtB
At a meeting of tho Hoard or Directors held this 1V&H
day, the following resolutions were adoptedi 'iTt5H
Whereas. ThetirtearulnKiof this Oumpany arenosr WuH
on a basis which, after providing for fixed charres 'JlH
and a reasonable cash eurplut for contingencies: las- " ulS
tlf) the belief that the Company may. with safety, bo- yH
nln tho distribution ot dlvldouds on Its preferred xoM
And Whereas, The preferred stock certificate! of " Vm
this Company contemplate that any illvidendi there- - m
on tba I be declared and paid quarterly! " "Sh
Therefore, bo It nesolved. That there be, and there) ? TB
hereby Is. declared from ths net earnlnitt a dividend ' 'iS
ot I per oent. on the preferred stock of this Company 2 'MJ
forth-quarttrendlngbocembor 1st, I87,aam8 tobtj SP?
paid January 13, 18U8, tothe holders of record of tht) 4U
preferred ttoclcat thecIotlnK ottbe transfer boots m
on December 31, 1807t TR
Resolved, That for tho purpose of tuch dividend ift,
the transfer books of this Company be closed at 3 P. sia
XL on December ut, 1807, and reopened at 10 A. U. - W,
on January 4, 1808. 3S
QEORGB II. KARL. Reeretary. ?
20 WALL STREET. M
VEW YORK. Decemlnr 10, 1807. ' If
Tht above dividend or 1 percent, will be payable- W
on January IS, 1808, to holders or record at ths close -1
of buslnesaon December 81, 1807. on tbe books of &.
tbe Votlns Trutteei for certificate! of pr.-ferrtd Aji
itock of the Northern I'aclflo Railway Company. iSl
The transfer books of the Votlns Trustees for otis 'W
ttllcates for preferred ttock will closo lu New YorS a3
and In Uerlln at II I. M. on Deoembnr at. 1807, and Jft
will reopen at 10 A. M. on January 4, 18M8. ' m?
J. I. .IIOItUAN A CO., .tut Vnrk. $S
DELT8CIIC UtVK I IIIIIll.IS, W
Agent, for Vottwc Tru.toes. ftJ
ofriiB or fS
BotiTnrtrts it Aii.it a v coPAr. ,?
80 nnOADWAY. K. Y.. December IB. 1807. f
At a, meeting or the Dosrd of Directors held this TJt
dar. a dividend of ONE f I) PER CUNT on the pre- fit;
ferred stock of the Company was declared, payable if
January SO. 1608. to prvf rred atockholdtrs of record vj
on the closing ot the transfer books for preferred M
ttock. ffl
The transfer hooka for preferred ttock will clot W
December 80th. 1807. at 3 P. U and wIU reopen Jane M
uary 10th, 18D8. at 10 A. M. 4S
JOSIAIT F. HILL. Secretary. Sj
29 WALL STREET. K. Y.. December 16. 1807. ' M
Tho above dividend of ONE PERCENT, will be pay- 3?
able on January 20, 1808. to holders of record at the 'iW,
elose ot business on Dcember SOth, lbU7. on tbe ,;'"
books of the Voting Trustees ror cerlincatea for pre- "$
ferred ttrck of the Soutb-rn Ha Iwav Company. J&
1 he transfer books of tb. Voting Truiteei for cer- I WiS
tlflcates for preferred stock will Uose December 80, 'JKr?
18U7, at a P. II., and will reopon January 10, 1808, at y$,'
10 A. M. , 'NB?
J. P. MORGAN CO.. Agents for Voting Trustee!, 'I ',.,J
CENTRAL PACIFIC STOCK. M
THE BOHTIIERS PACIFIC COMPANY wllL after !Jg
Jan. 1, 18ti8. against delivery of Dividend Warranl , x. Wl
No. 33, appertaining to otrtlflcatet ofttoekofihe m
Central PaclQc Railroad Company, pay to pe -ions' Jvj
presenting tho same, ONE-HALF OF ONE PER CENT. K
of the par value of the ttook reprciented by tuch oer- , ijg;
tlflcates. reipectlvcly. N. T. SMITH, Treasurer. JR
CUICAUO, lloiil ISI,tl AMI PACIFIC W
ntn.ivtv rtmiA.M. "181
OFyiCE OF THE IRESUnER.
CHICAUO. DeoemlHjr21d. 1897. ?ft
A dividend of $1.00 par ttiar will be paid F.-hru- J,-
ary 1st. IHflH. to theaharehol lersof this Company's J-af
itock, registered on tho o'oslns of the Trnm'er Hooks. ft
The Transfer Hooka will be closed at 3 o'clock P. 1M
It. on Decontiter 31st, and reopm at 10 o'olotk A. K. 4tf
January 10th. Ib08, w. U. I'URDY. Treasurer. M
tub nuiVFiiY nMt of r.vv iiinK. w
NEW YORK, Dec. 21st. 1J,7. ffl
Tho Hoard of Director! havo this day declared. 'Mi
semiannual dividend of Six per cut., and an extra. s
one ot four per cent., freo of tax, out of theeirnlrigs' - M.
of the current alx months, payablo on aud after Jan Ml
3d. 1808.
Tho transfer books will remain closed until that .
date. WM. It. KUnAU. .
Cithler. " jH;
the rRvrrtir. .vatiotii, iiak m
OF THE C1TV OF NEW YORK. W
NEW VOR1C. Doc. -.'8. 1807. a
SIXTY-SIXTn SEMI-ANNUAL DIVIDEND. Jffi
The Donrd of Dlrtctnr has this day declared aioml- iwL
annual dividend of foLr per tent , free from tax, pay- uh
ab'eunund ,fter January 3, Ihoh. X
Tbe transfer hooka will i closed from It P. M. oa flS
De3emberi!4, 18U7, tothemornlngorjanuarv.1. 1838.
C. h. YOUNiI, Cashier. fl
rT unc iMMi, 'afi
NEW YORK, Decomher 28. 1 807.
THE rOARD OF DIKIX'TOln bavo this day de ff
clared a teml annual dlv dend of six (tl n r cnt A
free of tax. pjyuble Jauuary II, 1888, to itockhnldera 9
of record of this date. s
Tbe transfer books will remain cloied until Jauo- .fiL
ary 4, 18118. jK
TnEO. M. RERTINE. Caihler. M
COUPONS due Jan. I, 1HUH. from flrst mortgage ffl
tond. of tbo Omaha and St. Louis It. It. Co. will $9
be paid on presentatl, n at our office on and after to. m
day. OILMAN, bO.N x CO., financial aventa, :R
03 Cedar s. a
NEW YORK. Dee. g. 1807. M
THE NEW YORK SECURITY AND TRUST COMPANY, fflL
No. so Wallstreet, will pay theco ipon due January M
1, ISU1, on the nr-t rnnrlmj' bond! of tne Oregon '&
Italic ay and Navigation Cumnany. .w
The OreguH llutiroiiil an l nvlirntlin remiiaar, b
Dy A. 8. HEIUF.LDACII. Chairman. ffl
.. OFFICEOK t -. -.r -
Tiir. riiic.ti.o. itticK it,D mi
ASIS I'.trilll ItAILWAV f OVIPAXT. ft?
CHICAOO, IllDcceuilierad. 1887. m
A special meeting of ihe stockholders of The Chl- S
cago, Hoik Island and Parlflo Hallway Company 3
duly called hy the Hoard of Directors, will b held al TJt,
the Ueneral ortlce of the Cninpauy. No. 144 Van ?
Iluren street, In the Cliy of rhlcago. County of Cook, 3f
and btate or Illlm la. on tbe lift.enth (intb)dayot Mi
February. A.I). 18U8, at lo o'clock A.M. for the '
purprtse of considering, voting, and deciding whether '(t
the stockholders of tun company will consent to and im
will auttuirlze the creation of a bonded debt by Jm
tho Issue, at such limes and In such amounts k
as from lime tn time the Hoard of Directors may (ff
determine, of bonds, payable In OoM Coin of ffl
the United States of America ot the present 'Sj
ittudird or svelght and flu.n.sa.and not exceeding HR
the aggrrgato principal sum or one hundred million fm
dollars (SlOO.OOO.uiiO). maturing January I, IH88, yj
and tearlttg a rate of luterest not exceeding flv per ,3St
centum per aouum, paysbl. semlannuallyi and the ?jm
execution of a mortgage or deed of trust to iuon In
Trustee or Trustees as mty lie iletlgnatcd by the 'M
HoardnfDlreclors.il he dated January I, A. D. 1808, TM
lo .eciirt all such iKinds, which are to t Issued for m
the purpose of refunding, redeeming, or paying, at w.
or before maturity, outstanding obligations of this -JBt
Compauy.and of sueh other companies whose rail- K
roads shall hereafter bo acquired bv ronsolldat'onor 9f,
puicbaae by The Chicago, Rock Island and PaelOe VfX
Hallway Cninpauy, ami for the puriosn of the future jBJ
enlargeineul, Improvement or extension of tht prop- ..
enynftlil Companyiand also whether Ihe stuckhold- 'X
tn of IheConioariy wlllcotis-nt to, and approve of, sl
tuch mortgigc fortecurlrg tho tato: bonds as shall be .'
tubmltleii to tho said iiieellng, and will ratify the- .,'
proceedings of Ihe Hoard of Dlrcclora autliorlalng 'M
tuch bonds aud inch mortgage or riieil of trust and 31
Indicating the property In be covered thereby; and l9
for tho further purpose of considering, voting and Is
deciding whether Article VIII of the Articles of Con. a
ollilatlnu of this Company adopted IIih tind dar of JO
June. In the ear A D ltf-,0. as the said Article wai' .'fi
amended at tho annual meotlng of Ihe stockholders 21
of this Company on Ihe Oth dy of June. A 1) INN9. ' M
shall be further anientled so as to rail "The highest
amount or funded debt inwhlehth company shall bt 10
lubject shall not eatceJ (ino.o io ooo" M
. R II CABLE, Preiifliat. J
W O, PUIIDY. Socretary, ft
ir.nv.init mriui.ii mii-ai. M
The annual mrrtlu.- of th.' atnckhuld, r of Ihe Hen- Tf
denon Ilrldge Compauy will bo held at Ihe Com- ij
pany'a niilco, Louisville, Ky , on the 3 1 of January, ft
prox. The ktock transfer liooks will clots at IV H. M
on the K4tb Inst., and reopen at 10 A H on thatUi K
or January. 18W8. J. II. ELU3, becrttary, M
, MUUvii,E.Ky.,DtC, Oth, 1887. , fc

xml | txt