The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919, May 28, 1901, Image 13

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The St. Louis Republic. [volume], May 28, 1901, Page 13, Image 13
About The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919

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The St. Louis Republic. [volume] (St. Louis, Mo.), 28 May 1901. Chronicling America: Historic American Newspapers. Lib. of Congress. <https://chroniclingamerica.loc.gov/lccn/sn84020274/1901-05-28/ed-1/seq-13/>

Newspaper Page Text

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13
I:
THE REPUBLIC: TUESDAY. MAY 28. 1901.
-
,jy&;'r- ' f'. - -'."--
vb9 mf
m W
il
FINANCIAL
yr. H. LEE. President.
D. R. FRANCIS, Vice "Presiaent.
A. I SHAPLEIGH. 2d Vice President.
GEO. E. HOFFMAN. Cashier.
R. T. STURGEON. Asst. Cashier.
D. A. PHIIJJPS. 2d Asst. Cashier.
The Merchants-Laclede Nalinal Bank
IX
OF ST.V LOUIS.
Condensed Statement of Condition at Close of Business April 24, 1901.
RSSOnXlCBB.
Cash and Slclit Eirhancr S 4,1T.0S.02
Loam I'ajaMc on Drmand 2.:Ort.:ws.S
' nt Fixed llntos Ml2.n7. I).4m.2HH.i.1
United States Ramlii 1,H1,04MM0
Prrmlnm on United Stairs Montis U1.OOU.4M
Other Bonds. Stocks, etc 37:t.472.M
Iteal Karate tm.:im.:iS
8413,878,141.1)0
XiIA.13IIjXTI3BIS.
Capital Storlc 1,400,000.00
Surnlns and Undivided PrnlHs 440,12l.:w
Circulation 1,400.000.00
United States llond Account 100,000.00
Deposits, In (lit Idunl ?4,ir.7.11IT.OO
" Trust Co." 1,4 I.K:7.ni
" United Mates :tU!l.:trlsJ fl.21110.4B
A Banks and Hankers ,20,SOl.77 12.Kaa.n20.23
n.lS,874,141.00
GET EN ON THE TRENTON ROCK!
Invitation of nn honest company to the pnbllc to participate In a solid,
substantial upeculal Inn Trenton Itock Oil Co. or Beaumont, Texas; capital
tack, SJUHMKHt: share. ?1 ench, fully paid up and nonassessable.
Now offers the invcstlnc public a limited number of shares of Its capital stock at
par value, one dollar per share. In blocks of not less than ten shares, to be used for
ocveiopment purposes, xnis proposition win uo neiu open lor a jimuea time. uu i
subscriptions may be made to any of the below -named directors, stockholders or
agents, accompanied by cash or exchange, and should the offering be oversubscribed,
the first applications received will take precedence.
PIIOPEHTICS OF THE TIU5XTON ROCK OIL COMPANY
Are the most valuable and positive oil lands undeveloped in the famous Beaumont
oil district, the company having been offered $63,000 for a single acre of Us holdings.
The Investing public is assured that the properties tiill be immediately developed
and that contracts are now made and others being closed for the boring of wells. The
holdings of Trenton Rock Oil Company have tripled in value since their purchase.
This stock, on account of the close proximity of the holdings of the company to
the gushers, -Kill advance rapidly.
Trenton Rock Oil Stock Is n Sure Winner for the Following: Reasonst
First A glance at the personal and business connection of the directors and stock
holders Is a guarantee of this company being Intelligently handled and is the very
best offer in the oil Held and the first well brought in many million dollars profit.
Second Our properties consist! of S35H acres owned In fee simple, situated closer
than that of any other company offering stock. We are near the HIgglns, Lucas and
Guffey Gushers. This tract of land Is directly over the oil lake, and wells will be
puck on this property as fan as man and money can do it. The Trenton Rock Oil
Company owns its own drilling machinery, the very btst and latest Improved, has ex
pert drillers, and every holding of the company will be developed.
OFFICERS AND DIIIECTORSi
Baldrldge Banking Co.. Ennls.
FINANCIAL
STATEMENT OF THE CONDITION OF
The National Bank of Commerce in St. Louis
APRIL 24th, 190li
RESOURCES.
Currency and Coin $MS7.930.2J
Checks and Cash Items.. 686.S02.80'
Sight Exchange 9.250.677.S7 , ...
$16,395,430.95
United States Bonds S-750-!??-??,
Bonds. Stocks. 'etc 3'il!2'?Jt'J?
Loans and Discounts J""'6v? S
Real Estate HKI.G0O.OC
$45,912,671.86
LIABILITIES.
Capital C. I5.000.fl00.00
Surplus and Profits 3.EH.6S3.M
Circulation "-,
s 32,816,641.26
$45,912,671.85
B. F. EDWARDS. Csshlcr.
ACCOUNTS OF BANKS, BANKERS, MERCHANTS, MANUFACTURERS AND
CORPORATIONS SOLICITED UPON FAVORABLE TERMS.
CORRESPONDENCE INVITED.
FINANCIAL
STOCKS A5D BONDS AT BOSTON.
W. A. Ponder. President: rice president of
the Exchange National Bank. Denton.
W. A. Murphy. First Vloe President; cashier
First National Bank, Mexla. Tex.
JL Burleson. Second Vice President; banker,
Eralthvllle. Tex.
John Schumacher, Treasurer: banker. La
Grange, Tex.
Honorable 8. TV. Parish, Secretary: Repre
sentative Robertson County and merchant. Cal-
twi, xcx.
president Piano
National
Col-
J. Ualdridge.
Tex.
G. "W. Bowman,
Bink. Piano. Tex.
L. I- Foster: president A. & M. College,
iepe aiauon, lex.
General H. B. Stoddard, cotton merchant,
Bryan, Tex.
W. T. Campbell, wholesale grain, Houston,
Lampasas and San Anrelo, Tex.
L R. Berbergeron, vice president Galveston
auonai name, uaivesron. lex.
II ft MftEl Pfl F,tcml Asrts., Room 1023 Holland Bid-., St. Louts, Mo.
SJI SSI ISWBiSi IK WWII ncraii way
Post Oflce Order, Express Order or Draft.
1ST. LOUIS TRUST CO.,
N. W. Gor. Fourth and Locust Sts.
CAPITAL AND SURPLUS, - - $5,000,000.
2 j 3 A 4 Interest Allowed on Deposits.
Checking and Savings Accounts Solicited. -
Safe Deposit Boxes for Rent,
55.00 per Annum and Up.
DIRECTORS 1
Ptxby. 'W. K.. President American Oar and" Foundry Ccmoanr
Bound. John L. President Boland Book and Stationery xSmoiay
Bosch. Adolphu President Anheuser-Busch BrYitatr AssocuS
1 CtvUln. Daniel, capitalist.
Davis, John T.. Capitalist.
FlUeerald, XauIs President Mercantile Ttust Comranr. New Tork Citv
SSeJLWcaDPS11slent ""' " "ll Hot a WMfrosd
Guy. Wm. ., Capitalist.
Company.
j!5S jSKv hiJ?n?f2 Huse-loomlslee and Transportation Company.
i?T?,VR,?i-..MT?-.SSltv Joae Ox- Dr-Goods (nml.alon.
McLlira. Chaa. r.. CTitnlfflllKt.
iSmaer; JuA.lSSTT MBntaetnrfa Opany.
Simmons, E. C. Simmons Hardware Company.
I,tJB O-Prejldent Btanard MllUng Con.ptry.
west. Thomas H.. President 6t. Louis Trust Cci'ijany
TVhttaker, Edwsxda. Whitaker A CoTBrokeri. C
Toamim. B. F, President St. Lotus ssd San Francisco Railroad Company.
THEHEYWOOD OIL CO., of Beaumont, Texac,
Will Easily Far DbMnas ! S Par Cnl a Mmlh,
. We hTa two of the greatest rushers the world ha ve im. .,i. .
21cSs?l-00( barrels of oil dally, The second well "came In" last Saturdav. V
opawyread the account of it In Sunday's paoers. To build storiur & k
STeh'SS Sl,2l?Jar2Si ?? w ih
omSSTm wi"tT the SS&SSL ItJ.Al.m-
producing wells: -. wiuiauKa wura nave
AS" iJ"? SOSP3, 'P,UI flTB vein. Is capitalized at tlSMOMO
The Nauonsi ip. &V. .Co, with one well. Is capitalized I at " . ' e'ow'ooo
The HJfEtaB T. & O. Co, with two wells, Is capitalized at . JK" 2 500000
' Tt ISJJS55 rSJl CSi!l?Sr' """i0"8 well. Is capitalized at 2,500:oOO
tiiH?2m22.ao?,.,2pany?.wU? e reat i Ushers, Is capitalized at 800000
!?. eUln a .?? we'ls at cents a barrel. Do we examterate when wesav w
can easily pay a dividend of 6 per cent a month? Our stek h L wi fhi T
THE HEYWOOD OIL CO.. 712 Htlland BMllllit, St, LhIi.
FINANCIAL
Qa, afe
'- 7
H lit
WALL STREET....
rWnsy Will Earn Bis flonthly Retaras
Tks hntttn Faad fara Kanl.Snllil.
J Tne oueat eauoushea In America. Vb certlllcate
r holoar baa eer loat a cent. Paymenta made to
Moner refunded on demand. Write to-dar
particulars, tree to any address.
C B. MACKET CO..
xaoaaoa onucunc ew xotic
OLBESTI
SAFEST!
IESTI
MITHAPAYNE
Bond. Stock and Grain nnbn
N. FOUBTH ST.. OnDOBlf PlinLnra ITntl
aUnacers for FINLET. BAkRELL A CO.,
uemDers niw xonc ntocx itxenange.
Members Xetr Tork Cofton Gzchanra.
Members Chlcaao Board of Trade.
DIRECT PRIVATE WIRES.
N.W. Harris & Company
BANKERS
CHICAGO NEW YORK BOSTON
TOBACCO STOCKS STRONG
IN NEW YORK MARKET.
GRANGERS WERE DULL AND
NEGLECTED.
(Sugar Was Well rfinpported, De
spite the Supreme Court De
cision Money, Steady.
SEPCBMC SPBCLU
New Tork, May 27. London waa closed to-
for the usual Whitsuntide holiday. Ad-
from the other aide on the position of
the short Interest In .London and Berlin
war meet -satisfactory and a rood author
ity ald that Its seriousness had. been great
ly xaKerated- Until it was definitely
-kaoarn. however, that all the short Interest
had en arranged for, the money market
mm tBcsected to keeo firm.
"In the local market, with the exception
f a few specialties, the trading; was' ex
ceedingly dull. Tobacco stocks were con
spicuously strong' on buying said to be for
the Philadelphia pool headed by the "Wlden-.er-Blktas
Interest. It was said on fairly
ooJ authority that Insiders In New Tork
were rather in the dark as .to themotlve
it the upward more. Sugar fluctuated
quite a little on the uncertainty as to the de
cision of the Supreme Court on the status
or Porto Rico and the Philippines. The
railroad stocks were neglected, but the chief
support in the Southwestern group was ex
ceedingly good. Wabash Issues, after eas
ing off on scattered realizing, hardened up
again when It was found that there was a
ready market for all stock ottering. The
granger stocks were dull and neglected, al
though Union Pacific rallied from the low
figure. Even the good earnings on Atchison
failed to stimulate outside business In that
stock.
A rumor has been current- of a 4 per
cent dividend on Car and Foundry common,
but Indications do not tend to confirm it.
It Is believed that the company's business
fully justlnes an Increase of capital of $10,
000.000 to $12,000,000, and It Is the Intention to
pay for the Jackson-Sbarpe purchase, and
tho n.000,000 extension of Its plant In De
troit out of earnings.
Chicago reports an enormous movement
of general merchandise last week and offi
cials of all roads say that the tonnage
handled Is unparalleled for the time of year.
Burlington alone carried 4,000,000 pounds
more merchandise than during the same
week In 3900. Officials say that this expe
rience Is that of nearly every road center
ing at the large Western cities. There is
some talk that Chicago and Eastern Illinois
may purchase the Evansville and Terre
Haute and action Is not Impossible at the
annual meeting next week. Unusual activ
ity Is reported In the products of the Na
tional Lead Company and a maintenance of
business on this scale will show largely in
creased earnings for the vear.
There was a marked raHy in Wabash Is
sues at the close accompanied bv exceeding
ly good inside buying. Sugar was well sup
ported In spite or a little realizing In the
decision of the Supreme Court. It was not
generally believed that the abrogation of
the Porto Rlcan sugar duties would be a
serious factor. The market was dull though
out and the continued bad weather had a
depressing Influence. Money continued
steady at 2W3 per cent all day.
Hew Tork Stock Quotation.
St. Louis. Monday. May !7, 1901.
The following chows the opening, highest, low
est and closing quotations on the New York
mock Exchange to-dar. Corrected dally for The
Republic by D. R. Francis. Bro. & Cou. bonds
and stocks. 214 North Fourth street.
Close
. Stocks. Bsles.Open.Hlgh.Low.Cloae.Tes.
ASo..:: JS 28 U US 88 2
An. aLtnwtd orir, "66 is" is" ivi iiii isi
.va.i4... ..... w ;oj iy h
Ala. DUICII. B WM. aT,A
AMERICAN LINSEED COMPANY.
New York. May H, 1901.
To th' Stoelhnldtrt of th
AMERICAN LINSEED COMPAXYl
The Board of Directors are pleased to re
port to the stockholders that after mature
consideration and deliberation a most de
sirable arrangement has been effected for
nn exchange of tho stock of the AMER
ICAN LINSEED COMPANY for the stock
of the UNION LEAD AND OIL COMPANY.
The capital stock of the Union Lead and
Oil Company. Including that neces&nry to
acquire all the capital stock of the Amer
ican Linseed Company on the terms here
inafter mentioned, to he Seventeen Million
Dollars ($17,000,000), said stock being all of
one class. Common Capital Stock, one hun
dred and seventy thousand (170,000) shares,
of one hundred dollars (1100) each.
The stock of the American Linseed Com
pany Bhall be deposited under the agree
mentcopies of which are on file with the
depositaries hereinafter mentioned to bo
exchanged for the stock of the Union Lead
and OH Company on the following basis or
terms:
Each share of the Preferred Stock
of the American Linseed Company
shall receive Forty-elRht Dollars
(48) In the stock of the Union Lead
and Oil Company.
Each share of the Common Stock
of the American Linseed Company
ahall receive Eighteen Dollars
(18) In the stock of the Union Lend
and OH Company.
The Union Lead and OH Company re
serves the right to refuse to make such
exchange unless there Is deposited for such
exchange two-thirds (2-3) of each class of
stock of the American Linseed Company.
The holders of large amounts of the stock
of the American Linseed Company have al
ready signified their approval of the ar
rangement, and your Board of Directors
urge the prompt acceptance thereof by the
balance of the stockholders.
Certificates of stock, duly and regularly
assigned and Indorsed In blank, duly wit
nessed, with proper revenue stamps at
tached for transfer, should be deposited
with the HEW YORK SECURITY AND
TRUST COMPANY, NO. 40 WALL
STREET, NEW YORK CITY, or the
ILLINOIS TRUST AND SAVINGS BANK,
CITY OF CHICAGO, upon deposit of which
transferable receipts will be Issued, ex
changeable for the stock of the Union Lead
and Oil Company upon the consummation
of the arrangement.
DEPOSITS MIST BE SIADE ON OR
BEFORE THE STH DAY OF JUNE, lOOl,
after which date no deposits will be re
ceived except In the discretion of the Board
'of Directors of the Union Lead and Oil
Company and on such terms as they may
prescribe.
By authority of the Board ot Directors,
GUY G. MAJOR, President.
New Tork, May , IDOL
To tt Stociholdtri ef tk
AMERICAN LINSEED COMPANY!
The undersigned, stockholders of the
AMERICAN LINSEED COMPANY, having
carefully considered the proposed arrange
ment between the stockholders of the Amer
ican Linseed Company and the Union I,ead
and Oil Company, have decided to exchange
our stock as per said arrangement for the
stock of the Union Lead and Oil Company.
We believe that the consummation of the
proposed arrangement will decrease ex
penses and lower the cost of manufacture,
resulting in larger net earnings applicable
to dividends.
Inasmuch as the Union Lead and OH
Company have reserved the right to refuse
to make such exchange unless two-thirds
(3-3) of each class of stock of the American
Linseed Company Is deposited, we urge the
prompt deposit of your stock.
Faithfully yours,
GUY G. MAJOR,
FRANK H. RAY,
WILLIAM P. ORR.
AUGUSTUS N. EDDY,
JOHN L. SEVERANCE,
COMER E. IHGHLEY.
GEORGE G. METZGER.
JOHN W. HIRST,
ROBERT H. ADAMS, .
JOHN W. DANIELS.
A. G. EDWARDS at SONS of No. 413
Olive Street, St. Louts, will receive and
forward certificates of stock to the deposi
tory without-cost to advertisers.
IViston. Mnss , May 27. Quotations on money,
stocks bonds and nilnlnj; snares were:
Money.
Call loan 8VjQiU: time loans VAQiK.
Stocks.
A.. T. A 8. F 7TH
Do. p(d !m
Anier. Sugar ......14'i
Do. pfd l!l!
Amer. Telephone. ..lTS1
Itoston & A I tain j. .255
JtrMlnn l:lrated ...183
iioiton & 3Ialne....l'i
Dominion coal
Do. pM
V. a. Steel ...
9314
.221 'i
Do. nfd
General Electric
Ed. Elcc. Ill 2ti
. E. Gu & Coke. 1014
Old Dominion 324
Hubber 204
Union Tacltlo 331
Union Land 3
Wfst End i
Westineh. Clec... 62
.. 3
..in
Honda.
..101 I N.E.Gas A Coke ta. O
Amer. Tel. 4a.
Atchison 4s 10!
Mining Shares,
Arnold 214H5
Adtrnture 15
Ki-igham 22Vi
Atlantic M
Aral. Copper 114V4
Boston & Montana.
4333435
Butte & Boston. ..106U
Calumet & Ilerla..
S20QS25
Centennial 2T"i
Franklin 17
Humboldt so
Osceola, ex. dlv... 84
rarrot 13
Qulncy jjq
Santa re Copper.. Ti
Tamarack 325
Utah Mlnlnc 2SW
Winona
Wolverines 5i
New York
New Tork. May 27.
Adams Con
Allco
Brei'co
Brunswick Con ..
ComBtock Tunnel.
Con.. Cal. & Va...
Deadwood Terra ..
Horn Silver
LeadMllo Con
Iron Silver
Mining; Stocks.
Mining stocks:
Little Chief ...
Ontario
Ophlr
Phoenix
I'otopI
Savage
Sierra Nevada
Small Hopes ...
Standard
.. 13
..8J0
.. w
.. 11
... 02
.. 03
.. 10
.. 45
..aw
Government Bonds.
New Tork. May 27. Government bonds steady
United States 2a, ret. registered locii
United btates 2s. ret. coupon............... 1062
United States 2s. registered 109
United States Ze. coupon xoe
United States new 4s. registered 128
United States new 4s, coupon 13a
United States old 4. registered 11314
United States old 4s. coupon iis2
United States 6s, registered loss?
United States 5s. coupon ingi?
District of Columbia I.65a ....Vli
Bond Sales In New York.
BEPUBUC SPECIAL
New York, May 27 Sales of bonds were mad
here to-day aa follows:
First Call.
34.000 Atch gen 4s.
102H102
tOOO Atch adj ....85
15.000 A & N W
1st 1071
15.000 B & O 3Vis. S6&
6.000 11 & O 4a... .1022
6.000 Bkn Un Elv
lat 1004
1.000 B B & P g.n
Es HI
2.000 Cent Pac gtd
2.000 C II & Q 111
. dlv 3Ha 103
S.O0O C A E I gen
5a 123
4.000 C & N W
gold 7s 107U
iOOOC R I & P
gen 4S.107HC108
E.000 Col Sou ut
4s bV&ttlt
1.000 Erie 1st con
4s 38i
17,000 Erie 1st gen
4a Ms, SS'j
10.000 W R Q 1st
3-la 88
16.000 I O N 2d fa.lft)
7,000 Kan City 2s. 68U
20.CW0 Klnja Co El
4s S2!, 92K
10.000 L & W 6
Coal ex fid
M 103U
LOOO L & N unlfd
4a 10J14
1,000 Mex Cent con
4a 845i
15,000 Mex Cent 1st
Inc 32V4
10,000 Mex Cent 2d
Inc im.
.U 11 X A T est
s lot
10.000 M P lat con
a 122
it-SS JJ ? jr t...106H
a.000 N A w con
4s 101
2.CC0 N p gen 2s.. T1H
10,000 O 8 L lat
con Es 11SH
1.000 Pa rt 4Ua..H5U
llt.OOO Read gen 4a
1.000 8t J & ?1
W.000 St Ii'l'linf
4a Viue MH
1.000 St L S Wist tti
U,VW D MT )!"
33,000 s p
10.000 Sou
OS .. .USSfU6
16.030 Stand Twin
6a 6IH9tt
223,000 Stand Twin
l.O0OTex A N0 -
con la ...U8310SK
13,000 T St L ft W
4a 64 F5
6.000 U Plat 4S...106H
lll.UW ID OID O
St. Louis & San Francisco Railroad Co. Refunding.
To Holders of the Following Series of Bonds:
St. Louis and San Francisco Railway Co. Six Per Cent Second Mortgage and Land Grant, A, B and C Bonds ($3,
590,000 outstanding).
St. Louis and San Francisco Railway Co. Six Per Cent Missouri and Western Division First Mortgage Bonds ($!,
019,000 outstanding).
St. Louis and San Francisco Railway Co. Six Per Cent First Mortgage Trust Bonds of 1880 ($943,000 outstanding).
St. Louis and San Francisco Railway Co. Five Per Cent and Six Per Cent General Mortgage Bonds ($20,099,000
outstanding).
St. Louis and San Francisco Railway Co. Five Per Cent First Mortgage Trust Bonds of 1887 ($1,099,000 out-
standing).
St. Louis, Wichita and Western Ry. Co. Six Per Cent First Mortgage bonds redeemable ($2,000,000 out
standing). Fort Smith and Van Buren Bridge Co. Six Per Cent First Mortgage Bonds redeemable ($275,000 outstanding).
St. Louis and San Francisco R. R. Co. Five Per Cent First Mortgage Southwestern Division' Bonds redeemable
($1,800,000 outstanding).
St. Louis and San Francisco R. R. Co. Four Per Cent Central Division First Mortgage Bonds redeemable ($1,962,
000 outstanding).
St. Louis and San Francisco R. R. Co. Three Per Cent and Four Per Cent First Mortgage Kansas City Division Bonds
redeemable ($3,059,000 outstanding).
St. Louis and San Francisco R. R. Co. Four Per Cent First Mortgage Northwestern Division Bonds redeemable
($1,097,500 outstanding).
St Louis, Oklahoma and Southern Ry. Co. Guaranteed Four Per Cent Bonds, Red River Division ($4,650,000 out
standing).
St Louis and San Francisco R. R. Co. hour Per Cent Consolidated Mortgage Gold Bonds ($6,383,000 outstanding).
The St. Louis and San Francisco Railroad Company has determined to readjust and refund Its bonded Indebtedness and t& underlying tends
' secured by liens upon Its system of railroads, and for that purpose has determined, subject to the obtaining of the approval by Its stockholders of
the requisite corporate action, to create its Refunding; Mortgage Flft-Year Gold Bonds of a total authorized amount limited to S85.0O0.000. faea
alue. at any time outstanding, of which about $62,500,000 of bonds arc to be Issued and reserved for refunding- purposes, and the bonds not re
aulred for refunding purposes are to be reserved and Issued for additions, extensions, betterments, and Improvements of Its system of rsurosds
and property and for additional equipment and property.
In addition to unifying the lndebtednesa of the system and reducing Interest charges. th refunding will enable ths BaOroad Osannurf to
finance more advantageously any additions and extensions of Its system by the sale of bonds having an established market valtas Irstssd Ot di
visional bonds, -n hlch the Railroad Company has hitherto ben compelled to sell on comparatively disadvantageous terms.
The Refunding Bonds will be secured by mortgage and deed of trust to the Morton Trust Company ssd 'William H. Thompson, as Ti ustsas.
subject only to existing liens, ot all the Railroad Company's lines of railroad. leaseholds, and p-opertles and shares of stock and bonds of auxnlarr
railroad corporations, whether now owned or hereafter acquired with the proceeds of any of the Refunding Bonds; and also by tbs delivery to tns
Trustees of all underlying bonds In exchange for which new Refunding Bonds shall he Issued under said mortgage. Including tha entire. Issues ot
dKlslonal bonds on the line to Kansas City, embraced In the Kansas City Division mortgage, and on tha line to Denlson. Texas, embraoad In tha
Red River Division mortgage.
1OOU01COU
' to .Mjg m
M3 (74
1 std 4S113&
1.UW WSijJSUI
2,000 W S
con 4a 92
,000 Wis Cent gen
4a $
Second Call.
Am. Smelt A Hef. S,
in pia...........
Am. EnuS pfd....
Am. Sugar Ref..
-Am. Tobacco
AmaL Copper ...
Anaconda
A;. T. S. P....
100 MK X
400 TO? 79 7M, 71
41.400 147 148"4 144 14
Do. .Dfd
B. O
Do. Bfd.
Brook. .Rap. Tran. 2.200 7
Central of N. 3...
93.400 Ut U7U 131
..!' 1155, llaVi 111
2,300 CO 49
19.200 77 78 78V
8.900 97 m 9A
400 1IC i024 Kilt
400 fO, K M
H IS IS ll
79 79
MW'laTH
ISftClH
114V B
s
45' 1
4S-4 3
77S-77
.97 97
102 102
93 91
75 75
zu,
aft
.110
Chea. A Ohio 1.2C0 48-4
C B. & Q
Chi. Great 'West.. "SCO 21U
C. A A 1.3W 41
Do. Pfd. 200 79
Chi.. Ind. A U.... 2.300 J5
Do.Pfd 201 73H
Chi.. Mil. & St. P. 13.W) 1 -Hi
Chi. Northwest. 100 197
C. R. 1. AP 00153J4
Colo. Southern 1.000 14'
Do. 1st pfd. 901 52
Do. 2d P.d 100 22?
c C.. C. A St. u
Colo. Fuel & Iron 200 92
Consolidated Gas.. 2o 218
Contl. Tobacco 24.100 2
Da pfd 1.100 114
Del A Hudson.... 1.700 162
Del., lack. A TV.. 4,101 222
D, R. 0 200 41
DO. pfd
Olucos Refining.. 200 F.8
at. Northern pfd. 100 178
Illinois Central.... ro 138i
Iowa Central 2no 31
Laclede Gaa 400 84
1,. A N 2.300 102U
Manhattan !:.. 2.200 114
Metro. Street By. 300 139
Mexican Central... tf 26
Mexican National. 200 11
M-. K. & T 400 26
Do. pfd V) R7
Missouri racldc... 4.W0 lor,;
National Biscuit... ljjk) 45
Do. pfd
National Lad 4i 19
Do. pfd 200 84
New fork Central 200 148,
N.;T.. Ont. A W.. 2,100 32",
Norfolk A Western 900 60
Do pfd
North American... 2,10) S8
Northern Pacific.. 200 iwi
Do. pfd 700 97
Tactile Mall 100 35
Pennsylvania C200 13
People's Gaa 800 114
Pressed Steel Car. 3)0 4f
Do. pfd.. 4V) 85
Reading C3O0 42
Do. 2d pfd S.2C0 W
Ren. Iron A Steel. 1.600 18
Do pfd 400 73'
St. U & B. V.
Do. lift pfd
Do. 2d pfd 200 (aJ
St. I out!lest.. HV Z2
Do. nfd 309 S2
Southern Purine. 2.400 47
Southern Railway 2,200 29
Do. pfd 200 82
Tenn. Coal & tron 400 56U
Texas A Paclflo... 1.400 46
U. a Steel 10.900 44
Do. pfd 12.800 93
Union Paclflo .... 12,000 100
Do. pfd 800 ti
V. 8. Ijeather..... 17.100 13
Do. pfd 4.100 79
TJ. S. Rubber 800 20
'Wabash TM. 1I.WM 42
Bo. deb. B 295.000 67
West Union Tel.. 1,600 91
Wheel- A U E.... 300 18
Do. 2d Pfd 300 31
Wis. Cent. W. I.. 400 20
Do. pfd. W. 1.. 200 45
Erie It. It 22.400 40
Do. 1st pfd. 1,300 67
Do. 2d ofd 65
Tol.. St. L. A W.. 100 21
Do. pfd 100 27
C, B. A Q. etfa 195
Total sales, MO.IOO ahares.
48 48 48
S5
735
liS
153
14'J
62
114
144
231
63
1"
hi"
102
114
161
26
11
57?
106
46
15
,149"
S3
97
143
111
85
42 43
rttt. -r-.-x
4 RSU M
(. ISii
1 71
195
49
196
21 22 22
40 40 41
78 78 79
21 35 35
72 72 72
17 131 158
.... 197 195
151 152 13
14 lt 15
CI 51 62
:::: U
.... 92 93
.... 218 219
82 66 60
4i, lAd 4a,,
162 163 162
223 229 221
.... 44 44
93
ftii 87 68
.... 178 178
138 139 139
.... 33 23
84U 85 K2
101 102 102
mi. 113: mu
167 16S 16J
10 10 10
26T 2 27
66 66 57
104 105 106
45 45 45
100
10 19 19
84 84
148 149 150
22 32 32
50 60 51
,-i
it in t;
.... 180 200
97 97 97
.... 35 35
142 143 144
113 113 114
.... t& 45
85 (5 84
42 42
76 76
PLV MSI
1 18 18
73 74 74I
:::: :::: Sa
3T4 Hu
.... 62 62
46 47 47il
29 29 2fl
.... S3 82
65 65 66
45 46 46
43 4t 44
93 93 93
!) 100
87 88
78 7SS
21 21
41 42
66 67
90 92
iff icit
19 19
44 44
40 40'
67 671
'.'.' 51
9T mi
USMUSXIKK
i ov
32
47
2S
mi
46
93
1UU ZM
88 87
14 13
79 78
21 20
42 41
67 66
91 90
81
20
45
41
68
14.000 Atch 4s
' 102S102
10.000 Bkn El lsts.100
2,000 BsO 2s.. 94
110.000 C B A Q new
4s 990 99
3,000 C C C & fet
I, 4s 103
2.000 C & O 4..105
10,000 CBlt P lsts.101
2.000 Cent Ga 6s..l03U
i.om can sou lat.i072i
H.VW L u m W
lata 107
10.000 LAN 4s.. .103
4.000 L. E V 2da.l20
6,000 M A O tr 4s. 93
i.uw m 6c tti l, os.117
3,f)0 Do 4 104
1.000 MAO Mont
Jlv tst 116
,vuv . 1 1; a t;
3 '.is H
6,000 N & W 4s. ..101
l.-m S P 4s ......105
2,000 N C C L S
3s S7
1,00)0 S L. 6s. ...118
C0UO P of Mo 4S..1U4
1.000 Read 4s 94
10,000 St L. S 1st.. 6
10,006 Stand Twine
Inc ... ...10 10
11.000 St L. I M 4s
93 93
11.000 Do. ta.U4Sll5
1.0J0 S C A G lst.109
Looo u p new 4S..10SH
25,000 Do new Cs
bonds 107
1000 Wab 1st ....117
33,000 Do deb ..1)..
663 66
10,000 W X, E cou
U 92
Third Call.
7,000 Atch 4 102,
37,000 Bkn Ely lst.100 '
38.000 II A O 8-W
dlv 3.83Vi 90
4.000 B A V 1st tr 11
18.000 Cent Pao 1st
1010101
1.000 H A T C g
m 4a 92
9,000 KInga Co E
Light 6a ....125
30.000 Mex int con
2.000 M
889 89
K A T 49. 93
8,000 MAO new.131
2,000 N y s 4 w
gra la 100
P 4s 93
19,000 Stand Twine
ino 10
40CS St L. I M 4s
.. MHlf 93
to.ooo u p u ;-ji
10,000 U P new
bonds 107
(1.900 Wab deb 1)..
ee9 67
20
44
IB
91
New York Cnrb Stocks.
Received dally by G. IL Walker A Co.. No. 310
North Fojrth atreet:
Close Bid. Ask.
Bay State Gaa
British Columbia Copper 17 18
Continental Tobacco debs 101 103
Consolidated Rubber Tire com 2 4
Do. pfd i 25 29
Distillers cf America com 9 8
Do. pfd 31 32
Electric Boat 00m 18 20
Do. pfd 43 47
Electric Vehicle com 10 13
Do. pfd 16 23
Electto-Pr.eumatlc 2 2
nemington coal ana wk a
Grnt'ral Carriage 2 2
Gnnan Treasury 4 per cents 101 101
HAana Commercial com I0V 12
I o. pfd 49 41
Illlroia Transportation 1
Nnllrnal Sugar pfil - 108 110
New Amsterdam Gas first 5 per centa.
J. A J., 1948 108 1M
New York Electric Vehicle Trans 1 1
New England Lloctrlc Vehicle Tram.. S 3
Otis Elevator com 31 31
Do. pfd 90 92
Royal Baking Powder pfd 95 94
Star.dard nil of New Jersey 790 705
storage Power 10 13
Telegraph, Telephone and Cable 6 6
Tenrese Copper 18 20
urlnn Copper 6',, c
St. Louis Transit Company com 23 25
United Street Ry. of St. Louis pfd.... 77 78
Do. 4 per cents 89 SO
urlied States Cost Iron Pipe com 8 9
Do. pfd 40 41
united States of Mexico 6 per cents.... 93 98
Virginia Iron, Coal and Coke 7 9
Do. 5 per centa 60 60
Chicago Stocks.
Received dally by G. H. Walker A Co.. No. 210
North Fourth atreet.
Close Bid. Ak.
American Strawboard 23 26
National crarbon com 15 16
Diamond M. of 111 137 137
Lake St. Elev. R. R 13 13
Metropolitan Elevated 31 31
Do. pfd 86 S7
National Biscuit 45 45
Do. pfd 100 ift
National Tin 25 25
Do. pfd 76 75
union Traction com 17 17
Do. pfd 67 63
PlrtsbBi-tr Stocks.
Received daily by D. R. Francis. Bro. A Co..
No, 4 North Fourth atreet:
Pittsburg Plate Glass, last mention, 162 bid:
M4 asked.
Westlnghouse Air Brake. 188 bid.
LOCAIt MOKE2T MARKET.
A Good Start for tbe Week-Business
Generally ActlTe Demsuid Good.
The local money market made a very encour
aging start for the week yesterday, all banks
and trust companies reporting an active and a
large buelnese-whlch was fully up to tbe aver
age Monday. Routine business In particular wss
On completion of the refunding;, the Refunding; Bonds will be sreored by absolute Brant lies '
miles of railroad, and the equipment) and -when the A, B and C Bonda (which mature 1m 1806) have Deem ex
changed, tbe Refunding Bonds will have the security of the first Hen of these bonds oa the snatfm stem frea
clflo (thlrty-fonr miles west from St. Lonls).
The comparative earnings of the St. Louis and San Francisco Railroad Company, far the sate
endlnar March 31, weret
ISO.
Gross , ....M.... ....... ..U,8n.7l.0 K,09S,i
Operating expenses..
. 4,t30,064.
Net .-..I3JBJ21.M
Miscellaneous Income '. 6f,flCs)
4K.4tt.Bt
Total net
Deduct taxes and rentals
(4f3l4aW(burir w
UMOJi
Applicable to Interest and dividends ....,. ........l(UB,4ag.4s
Fixed charges ......':.. 1.1M,tSJ.at
Surplus - ..tl.4ta317.57
i.m.Mt
TKUMLM
tor tbe dstalJa ot
at tbe balden ot
XestgagevTiM
apgmsndhr
It Is estimated that for the year ending June 30, 1001, the total set Income aTSllsbls for paymaet ef Bxad ebarges aal atfldeats fD bs aa
less than 94,000,000, against estimated fixed charges of S2.275.0O0.
The Railroad Company has Just taken over the newly constructed main line of railroad, extending South from Sepolpa. Intteas TatilUty. at
the Junction ot the Southwestern and Central Divisions, and will have trackage rights to Sherman. Texas, tram Dentson. Texas, where Important
traffic and trackage connections hare been and are being made, and It Is believed thst the earnings from the new line will result In largely Increas
ing the gross and net earnings of the system.
Boon the ultimate completion of the refunding, the saving to the Railroad Company thereby win bs 4bm PMN par 1
The Refunding Bonds not used or required tor refunding purposes can be Issued only under reatelstleBn, and sn
which, aa well as for a description of the properties and franchises mortgaged, the nature and extant ot the secuiltf. the
bonds, and the terms and conditions upon whlcn the bonds are Issued and secured, reference is mad to tha terms of the
form of the proposed mortgage and dead of truat has been prepared by Messrs. Guthrie, Cravath A Henderson of Kesf Tork
Bellgman A Seligman of New Tork for the Syndicate Managers.
The Railroad Company has agreed to sell 930,000,000 of tbe new Refunding Bonds, or sack parti
as may be duly authorized to be Issued under the Refunding Mortgage, to a syndicate ef which Ma
Seligman St Co. are Syndicate Managers, and the Syndicate Managers have already completed i
acquisition of about $20,000,000 of underlying bonds, which are to be exchanged far New Refttadlas I
At the request of the Railroad Company the syndicate will offer to holders of uaderiylag beads f
to exchange the same for aew Four Per Cent Refunding Bonds, to be acquired by the syndicate, aatf t
Company recommends holders of underlying bonds to exchange their boads for aew RefuadJag Boads.
Dated NEW TORK, May 18, 1901. ST. LOOTS JaJTO SAW VBAXCISCW WiTTJIIHn 4
By B. F. TO AXJJM, TtmUftmt.
sera. j. rw.
irraagemsatafsrtaa
m n
be Vain.
lUsftJt
Laa.
".m,m,iii i . m . ea XBas.ta
II , i .. ......f.. mmmm.mmammmmm mmBt, X,aa.ai
, ,,t usktr
uaus
nV
Imumisiiii aaaaa saeeaeaajaieuui eWVw4mV
anis eeeetnaawa4issani4taasa jBWaVN
To Holders of the following Underlying Boads:
As Syndicate Managers ot s Syndicate formed under an agreement dated April 4. UO. we hare arranged with the St.
Railroad Company to purchase, tor refunding purposes, $30,000,000. face value, of Its proposed Refunding Mortgage Oold
the rate of four per cent per annum, and hereby offer to exchange such Refunding Bonds (to the extant to whloh
quired by the Syndicate), for underlying bonds of the Railroad Company's syatem. en the following basis:
For each $1,000, face value, of the following outstanding; Bonds: Xfeea Value
6 per cent Second Mortgage A, B and C Bonda , ,
6 per cent Missouri and Western Division First Mortgage Bonda , ,,-
6 per cent Trust Bonds ot 1880
6 per cent General Mortgage Bonds
D per cent ueacrai MurLguiie jduiiub ............. i , i n
S per cent Trust Bonds of 1S87 ................. ........ Ml, ,UTMS
( per cent St. Louis, Wichita and Western First Mortgage Bonds '"") , ., XlIH.4s
6 per cent Fort Smith and Van Buren Bridge First Mortgage Bonds (redeemable).....,.................,...
(percent Southwestern Division Bonds (redeemable) .. , .. mm . W
4 per cent Central Division Bonds (redeemable)
4 per cent Kansas City Division Bonds (redeemable)
3 per cent Kansas City Division Bonds (redeemable) ....m i m . STUB
4 per cent Northwestern Division Bonds (redeemable) ........ .................. ..,. ,atLal
4 per cent Red River Division Bonds ............ n,,, ,,., ,b 0M.U1
4 per cent oonsoiitiateu xsonos ................................................ .......... ..,. ................. ...,, , ,.......ap tas.ag
At the time of deposit, holders ot underlying bonds will receive payment in cash ot th unmatured
deposited bonds to July 1, 1S01. from which date the Refunding bonda are to bear Interest.
In order to avail themselves of tbe foregoing privilege of exchange, holders of underlying bonds must i
Managers, their bonds, la negotiable form, with all unmatured coupons thereto appertaining on or feefore Jmlx , IBM With
Morton Trust Company, Depositary. 38 Nassau Street, New York; or with any of the follojrmsj dposttsa4sa
Old Colony Trust Co., Boston; IJaloa Trust Ca. ot St. Lealtv St. Laaaa;
Seligman Brothers. London; Sellgmaa ft Stettheimer, Fraakfart;
Berliner Handelsgesellschaft, Berlin; Sellgaua Freres tt Cle, Paris;
Alsberg, Qoldberg & Co., Amsterdam.
Depositing bondholders will receive negotiable receipts or certificates of the Morton Trust Company entitling the holders
funding Bonds of the Railroad Company (or to Interim bonda). In exchange for the deposited bonds upon the aforesaid basis when i
have been Issued and delivered to the Morton Trust Company for such exchange, or to a return of the deposited bonds. If said Trust.
not have received the Donas for such exchange on or prior to January 1. 1003. As the new bonds will be Issued only In amounts ot
amounts must be adjuated. at the option of certificate-holders, by purchase or sale, for which suitable provision win be made.
Aa Syndicate Manajtera -we are also prepared to purchase for cash, mst the prices net
nil or any of the following underlying- bonda which mar be presented mmt. surrendered to sut em
July , 1801, -with nil unmatured coupons attached, visi ' i
6 per cent Second Mortgage A. B and C Bonds . u tnj ,
6 per cent Missouri and Western Division First Mortgage Bonds ... ....,..1
6 per cent Trust Bonds of Issv .....,..................................... ... i - iniiiiiiiiiniinff
6 per cent General Mortgage Bonds .. .. .. ... 1 Tn i 1iFH
5 per cent General Mortgage Bonds .-. ...... ...............llsH and :
5 per cent Trust Bonds of 1887 J1S
6 per cent St. Louis, Wichita and Western First Mortgage Bonds (redeemable) 115 and
6 per cent Fort Smith and Van Buren Bridge First Mortgage Bonds (redeemable) .110 and tnt
B per cent Southwestern Division Bonds (redeemable) ...100 and liilnuK
4 per cent Central Division Bonds (redeemable) 10 and Intsavat
4 per cent Kansas City Division bonds (redeemable) 9714 and lntAtsat
S per cent Kansas city uivision Bonds (reaecmawe) tSft and Ins
4 per cent wortnwestern uivision Bonds (redeemable) ..........MIJ54
4 per cent Red River Division Bonds 88 and Infest
4 per cent consoiiaatea uonas .. .UOO
We reserve the right, at aay time, without notice, to alter the.basls of exchange or the purchase erica f j
ot tne foregoing dobos, or to withdraw, wnoiiy or partly, our offers toexchange or to purchase.
"T
J. & W. SELIGMAN & CO., Syndicate Managers.
NEW TORK. Mara. 1901.
' I
aad agaaaat
tatareat
Brat
lively, the malls being heavy snd checking sad
depositing brisk all through the day. There wsa
also an excellent demand from borrowers for s
commodatlons. and as money was In more than
ample supply their wants were easily satisfied.
Interrrt rates were steady and unchanged, snd
call and time paper was usually discounted at
B to 7 per cent In the extremes. Business with
country banks waa said to be very satisfactory.
The local bank clearings were promisingly large
at 17.797,044. the day's balances amounting to
ll.lJ7.ia.
Domestic Exchangee.
Whitaker A Co.. bond, stock, coramerclalpaper
snd exchange brokers. No. MO North Fourth
Meet, auote exchanges aa follows:
Bid.
New Tork .40c prem
Chicago JOo prem
Cincinnati lOedla
Louisville lOedls
New Orleans :edls
City of St. Louis.
Corrected dally by Guy P. Billon. No. 307 Olive
street:
Asked.
He prem
aoeprem
10c prem
10c prem
par
City 3.65s." J.-D., 1907
City 3.6Cs. gold. M.-N.. IsU
CltylUs. jT-J.. WIS.
atylHa; geld. IN. J.-D.
City v5 gold. lilt. J.-J.
atyis, staning. at-N ISU...,
Bid. Ask.
103 irc4
...'...105 104
..103 104
... -.10m 10H
104 106
107 10
City 4s. sterling. SO years. 1905. J.-D... 102 104
City 4s. gold. A.-O.. 1913..
iity as, goia, J9iz. 31.-,
City 4s. sterling. A.-O.. 10th, 1901...
City 4a. gold. J.-J., 1913
City 49, gold. J.-D., 1014
City S. gold. A.-O.. 1905
City 6. currency. A.-O.. 1908
...109 UO
..108 103
..1(6 107
..vn 119
..loss no
..UO'i 111H
..11054 lllia
Treasury Statement.
Washington, May 57. To-day's statement of
the Treaaury halancen In the general fund, ex
clusive of the J1SO.0OO.000 reserve In the division of
redemption, shows: Available cash balances
1100.407.544; gold $93,893,734.
The Banks. -
New Tork. May 27. Money on call steady at 29
4 per cent: last loan 3: ruling'rate 3W. Prime mer
cantile paper 434i per cent: sterling exchange
firm, with actual business In bankers bill at
4.881a4 8SK for demand and at S4.8t for sixty
daya; posted rates I4.83H and 44.891)4 JJH: com
mercial bills S4.84e4 84. Silver certificates nom
inally 60c. Mexican dollars 4814c. State bonds In
active: railroad bonds Irregular. Exchanges SU2,
259,827: balances 87.046.So6.
Beaton, May ST. Exchangee 81S.491.S62: balances
tl.647.S10.
Philadelphia. May 2T.-Clearings ta.411,015; bal
ances SKAtSt.
Rumors. May XTCHarlags H,oa,lt; talaacss
Cincinnati. O.. May 17. Cleartngs H0aA4sm,
New Tork exchange 25c premium. Money wa
percent. ,
CTiieago. May 27.-CIearlnga t2S.46t.4t0: balaaeat
82.4M.691. po.ted exchange USSMS4.S9; New lor
exchange 25c premium.
Eggs. ' .
BEPUBUC BPECIAU '
New Tork. May 27. Eggs-Recelpta to-day. H
204 cases. Receipts are running aomewhat Bgnt
er, and. with an Increasing demand for the beat
stock that can be obtained. Ordinary to good
,i.jto 01 ew writ- iiii pieniy. out tnra.tres
no btnrlnem. In storage packed. CTkeap usilM of
eggs arcjpierty and dull. Quotations. "CaseC
.chum iranirrii puma lici nnvra aim
western, fair to good. 12c
vroiatiocs "at man" west and
stcrage-packed lie: Central Western firsts ntt
13c: western and Southwestern, fair to good. Jta)
lie: Kentucky and Southern, good to chackta, A
Sllet Kcntuckv anil Stnuthm ttr a MTta.
dirties, fslr to good. S9Hc; check. ta-rToao
vc; uuca eegs. western, xzc
, Petrol.
Naw Tork, May 17. Petroleum dan.
mi ify, arm., xay zt. 1.-raii
credits, nobtd: ahlpmenu 817.831; arerags SUM;
runs MI.M0; avenge 85,43. . ,w'
Idea. x
Hsw Tork, Htr ff-HUsa
1
I
4
a
3
8.
i
i
1
ti
II
-il
4
S$K
t.
ViLl
J
-4
,iin
.-;-fTJ
iM&MijmimtMM
aeJSgg&e
k&tt&4?&
Sa

The St. Louis Republic. [volume], May 28, 1901, Page 13, Image 13
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The St. Louis Republic. [volume], May 28, 1901, Page 13, Image 13
About The St. Louis Republic. [volume] (St. Louis, Mo.) 1888-1919