The gold supply and prosperity . ng & Refining. Preferred American Sugar Preferred Brooklyn Rapid Transit Colorado Fuel & Iron, Consolidated Gas (N. Y.) General Electric. Metropolitan Street RailwayNational L,ead Preferred Peoples Gas, Iyight & Coke-Pullman Co Tenn. Coal,Iron & ,comU. S. Rubber First Preferred U. S. Steel Preferred Western Union Average 24 stocks (17 cos)14 stocks (11 cos) Totalaverage RR. & stocks (45 cos)54 stocks (39 cos) 1896 1901 1905 1906 (b) 86 83=A 111 (b) 25 4l3A 43%8 (b) 80/ 10054 101/ (c) 24/ 70 74 (c) 84 116 111 (b) 40% 13
The gold supply and prosperity . ng & Refining. Preferred American Sugar Preferred Brooklyn Rapid Transit Colorado Fuel & Iron, Consolidated Gas (N. Y.) General Electric. Metropolitan Street RailwayNational L,ead Preferred Peoples Gas, Iyight & Coke-Pullman Co Tenn. Coal,Iron & ,comU. S. Rubber First Preferred U. S. Steel Preferred Western Union Average 24 stocks (17 cos)14 stocks (11 cos) Totalaverage RR. & stocks (45 cos)54 stocks (39 cos) 1896 1901 1905 1906 (b) 86 83=A 111 (b) 25 4l3A 43%8 (b) 80/ 10054 101/ (c) 24/ 70 74 (c) 84 116 111 (b) 40% 138% 154/ (b) 9534 125 116% 116 118 142%8 133% 100^ 116 Ji 140 132 21 61% 75%8 78%8 19/ 92/ 45 % 52 149/ 214 182% 138% 29% 258 186 174 100% 154% 119/ 107 24/ 203,4 52/ 74/ 88 88/ 107 103/s («0 1035-8 104% 88% 155 218/ 249/ 259/ 25 59% 91 159 20 14% 52% 49% 70/ 48 110 107 (c) 41U 38 47^ (c) 90/ 105 / 106% 85 91 93 %107 14 86/8108 77 92 86 118,21 98 21 118 53 % Decrease orIncrease Since. Company was not formed until a 1897; bl899; c 1901. * Includes Union Pacificpreferred, initial sales of which were made at an average price of 62/ inFeb. 1898. e Price as of February, 1897. First sale after reorganization in 1896. / New stock not on market. Price given is the equivalent of 16/ in old stock. g Price as of March, 1897. First sale after reorganization in 1896, * Stock was cornered on May 9, 1901, and sales for cash were made on thatday as high as 1000. k Price at Philadelphia Stock Exchange. / Price as of April, 1897. n Stock of present company not on market. Price given is the equivalent of• 9/ in stock of old company. p Initial sales were made at 61^®63% in February, 1898. CONCLUSION 233 During the three months since the above tableswere prepared the prices of bonds have declined anaverage of about one-half point and stocks an averageof about 10 points—to February 2, 1907. These tables show that while the prices of thestocks of railroads rose an avera
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