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T he Investors’
SUPPLEMENT
OF THE

(C ommercial & F in a n c ia l ( ]hronicle.

GENERAL

IN D EX.
P age.

3
PREFERRED STOCKS AND VOTING TRUSTS,
7
STEAM RAILROADS
.
.
.
.
MISCELLANEOUS COMPANIES
141
155
GAS COMPANIES. (See also •'MraCBUANWKJB.’)
NEW YORK AND BROOKLYN BANKS
- 153
N. Y. AND BROOKLYN FIRE INSURANCE CO’S
NEW YORK AND BROOKLYN TRUST COMPANIES- 155
MONTHLY REPORTS OF RAILROAD EARNINGS - 158
15S
INDEX TO RAILROADS CONSOLIDATED, Era. 180
INDEX TO MORTGAGES AND MAPS.
INDEX TO ARTICLES REGARDING GUARANTIES.
100
DEBENTURES. PREFERRED STOCK, Etc ., -

m

J ^ -p x -il

WILLIAM

2 4 ,

1

8

9

7

B. DANA COMPANY, PUBLISHERS,

PINE STREET,

corner

PEARL STREET, NEW YORK.

IKirtwred m mt& ing to Ant o f Con ■ if* ' - * i« ttunyimr 1997, by W illiam B. D ana Co m p a n y , in office o f Librarian o f Congreaa, Washington, D. G.j

JO H N

H. D A V IS
B A N

K

& CO.,

E R S

AND

DEALERS

IN

H I G H -C L A S S

IN V E S T M E N T

S E C U R IT IE S .

M EMBERS OF N E W YORK AND PH ILA D E LP H IA STO C K E XC H A N G E S.
Buy and Sell Stocks on all exchanges ON COMMISSION ONLY, and carry Stocks and
Bonds on margin.

1O

B

W AT.I.

S T R E E T ,

B

row n

P H IL A D E L P H IA ,
4 th and Chestnut Sts.

N E W

Y O R K .

Co.,

&

rothers

N E W
Y O R K ,
59 W A L L S T R E E T .

BOSTON,
66 State St.

AND

ALEX. BROWN & SONS, Baltimore and Calvert Sts., Baltimore.
ALL CONNECTED BY PRIVATE WIRE.
Nfember* of til* Npw Voru, Philadelphia and Baltimore Stock Exchangre*.

Execute Orders on Commission for Purchase and Sale of Stocks, Bonds, and all Investment
Securities.
Bills of Exchange Bought and Sold.
Commercial Letters o f Credit and Travelers’ Letters o f Credit Issued, available In all parts o f the World.
Collections made on all points; Telegraphic Transfers of Money made between this Country and Europe.
Deposit Accounts o f American Banks, Rankers, Firms and Individuals received upon favorable terms.

Brown, Shipley & Co., Founders’ Court, Lothbury, E. C., London.
J. S. FARLEE.

ROBERT D. FARLEE.

J. S. FARLEE & B R O T H E R ,
NO.

11

W ALL

STREET,

-

NEW

YORK.

Brokers and Dealers in Investment Bonds and Stocks.
STATE, MUNICIPAL, AND APPROVED

RAILROAD
PAYING

FROM

A

On hand for Immediate Delivery, suitable
Conservative Investors.

TO

BONDS,
6 PER C E N T ,

for Savings Banks, Trust Funds and
Corresoondence Solicited.

other

GOLDM AN , SACH S & CO.,
BANKERS,

N assau Street\ Cor. o f Cedar Street\ N ew York
(BANK OF COMMERCE BUILDING.)

M EM BERS

S

l i g

l b

NEW

.

YORK

STOCK

G r u r a c L e

I B

EXCHANGE.

o

i a

c

Ls

-

The Investors
SUPPLEMENT
------- OF T H E --------

[ oM E C L
M R IA ^PmMmFQHRMOL
f Entered according to A ct o f CoogreA* In the year 1897, by W il l ia m B. D ana Co m p a n t , In the office o f Librarian o f Congress, W ashington, D. C

NEW

YORK.

APRIL

T he I nvestors’ S upplement.
The I nvestors' aomJEW crr, Issued quarterly, to fnralshed without
extra charge to every subscriber o f the Commeucial Atm Financial

CimONICLK.
T u « QOotatiox Sppplbmknt. issued monthly, is also furnished
without extra charge to every subscriber of the CnitosictE.
T h e Stbrbt R ialw i t Sin-ptEMBX* issued quarterly, I# likewise
fnmlshwl without extra charge to e very subscriber o f the Chronicle.
The State AND CiTr St’ rft.ERENT. Issued semi-annually, to also
furnished w it h o u t e x t r a c h a r g e to every subscriber o f the C h ronicle .
Term* for the Ch ro nicle , Including the fou r Supplements above
named, are Ten Dollars within the United States and T w elve Dollars

{which Includes postage) In Europe.
WILLIAM B. DANA COMPANY, PUBLISHERS,
P in e S t r e e t , C o s . P e a r l S t r e e t , N ew Y ork ,

P R E F E R R E D STO CKS A X E V O T IX G TRUSTS
O F R A I L R O A D C O M P A N IE S .

A rticle I.
In this ami subsequent SCPH.fiMF.STS we shall furnish
onr readers with the important provisions on the face
of the preferred stock certificates of all prominent
railroad companies, omitting only such portions of
the certificate as are purely formal in their character.
In this issue we confine our attention to the preferred
shares of the eight leading companies reorganized
within the past two years, accompanying the same
with an article in to-day’s C hronicle .
The companies whose stocks are described below are
the following:
1, Atchison Topeka St Santa F* Railway Company.
2, Erie Railroad Company.

3, Norfolk S Western Railway Company.
c
4, Northern Pacific Railway Company.
5, Oregon Railroad & Navigation Company.
6 Reading Company.

T. St. Look & San Francisco Railroad Company.
8f Southern Railway.

l
;
j

i

In the ease of most of these Companies, the stocks,
both common and preferred are temporarily in the
hands o f voting trustees, who for a stated period have
tlio appointing of the companies’ directors, while in
the hands of the public are non-voting trust, certifi­
cates which entitle the holder to the dividends col­
lected on his stock by the voting trustees and at the
expiration of the trust to the shares of stock themselves. Preceding each preferred stock certificate we
gi ve the terms of its voting trust, and in the C hronicle
of May 1 we propose to publish a sample voting trust
certificate and the Reading Voting Trust Agreement,
that the reader may understand the nature of these
instruments, which with one exception (the Oregon
Railroad A Navigation) are practically of one and the
name general form.
None of the stocks described

24,

18 97.

to-day are cumulative, but there is considerable variety
in their terms.
Wo take up the eight companies
alphabetically, beginning with
(t) The Atchison Topeka A Santa Fe Railway Company.
In the case of this company there is no voting trust. The
total authorized issue of preferred stock is §1:11,488,000 and
the certificates s a y :
PREFE R R E D STOCK ENTITLED TO D IVIDEN D UP TO 5 PE R
CENT AS DECLAR E D BY BOARD OF DIRECTORS.

•
‘The holders o f the preferred stock are entitled to non: cumulative dividends in each and every fiscal year begin­
ning after the 40th day of June, 18815, at such rate, not ex­
ceeding ■ per centum per annum, as shall be declared by
"
>
the board o f directors o f the company, in preference and
priority to any payment in or for such fiscal year o f any
dividend on the common stock or any other stock of the
company, but only from individual net profits when and as
determined by said board,”
PREFERENCE AS TO ASSETS IN CASE OF LIQU IDATION .

* And in ease of dissolution or liquidation of the company
■
the holders o f the preferred stock will be entitled to receive
the par amount of their stock out of the assets of the com ­
pany in priority to the common stock,”
CONSENT OF A M AJORITY OF ENTIRE AMOUNT OF P R E ­
FE RR E D STOCK NECESSARY IN O R D E R TO ISSUE NEW
M ORTGAGE OR A D D IT IO N A L P R E F E R R E D STOCK.

“ So mortgage, other than its general mortgage and its ad­
justment mortgage, executed in December, 1895, shall be
executed by the company, nor shall the amount of the pre­
ferred stock be increased unless the execution o f such mort­
gage or such increase of the preferred stock shall Imre re­
ceived the consent o f the holders o f a majority of the whole
amount o f the preferred stock which shall at the time be
outstanding, given at a meeting o f the stockholders called
for that purpoe • and the consent of the holders o f a m ajor­
.
ity o f such part of the common stock as shall be represented
at said meeting.”
(2) Erie Railroad Company,

The stock of this company is held under a voting trust
agreement date 1 Jan. l. 1898, between the Reorganization
Committee, party o f the first part, and J. P. Morgan, Louis
Fitzgerald and Sir d iaries Teutmnt. the Voting Trustees,
parties o f the second part. The stock trust certificates con­
tain the following provision with reference to the termina­
tion of the voting tru st: “ Vo stock certificates shall be due
or deliverable hereunder before the first day o f December,
1900, nor until the expiration of such further period, if any,
as shall elapse before the Brie RR. Co. in one year shall have
paid 4 per cent cash dividends on its first preferred stock :
but the voting trustees, in their discretion, may make
earlier delivery.”
The agreement itself provides that the stock shall be de­
livered at the expiration o f the period, or periods, above
stated, that vacancies among the voting trustees shall be
filled by appointment by the other voting trustees, that
“ the voting trustees will exercise their best judgment from
; time to time to select suitable directors to the end that the
affairs of the company shall be properly managed, and in
voting on other matters which may come before them at any
stockholders' meeting will exercise like judgm ent.”
The total issue of first preferred stock is $30,000,000, of the
second preferred $16,000,000. In all other respects the cer­
tificates representing first and second preferred shares are
substantially the same, both certificates being entitled to

4

INVESTORS’

SUPPLEMENT.

VOU L X 1Y .

r
not exceeding 4 pi • cent dividends and being subject to re ­ stock are to rank equally, share for share, at all elections,
each share entitling the holder to one vote.”
demption at par in cash. The first preferred certificates
PR EF E R R E D STOCK ENTITLED TO NON-COMULATtVE D IV I­
DENDS AT NOT EXCEEDIN G 4 PER CENT Y E A R L Y ,
AS DECLARED B Y BOARD OF DIRECTORS.

“ The first preferred stock [and subject to it the 2d pre­
ferred.—Eds.) is entitled to non-cumulative dividends at
the rate of, but not exceeding, 4 per cent per annum, in
each and every fiscal year beginning after the 80th day ot
June, 1890. in preference and priority to any payment in or
for such fiscal year of any dividend on other stock ; but
onlv from undivided net profits of the company when and
as determined bv the board o f directors, and only if and
when the board shall declare dividends therefrom. If, after
providing for the payment of full dividends for any fiscal
year on the first preferred stock, there shall remain any
surplus undivided net profits, the board out of such surplus
mav declare and pay dividends for such year upon the sec­
ond preferred stock. If. from the business of any particular
fiscal year, excluding undivided net profits remaining from
previous years, after providing out of the net profits of such
particular fiscal year for the payment of the full dividends
for such fiscal year on the first and second preferred stock,
there shall remain surplus net profits, the board of directors
may declare, and out of such surplus net profits of such
year may pay, dividends upon any other stock of the com­
pany. But. ho dividends shall in any year be paid upon any
such other stock out of net profits o f any previous fiscal
year in which the full dividends shall not have been paid on
the first and second preferred stock.”
CONSENT OF P R EFE R R E D STOCKS NECESSARY TO INCREASE
OF PREFERRED OR TO NEW MORTGAGE.

“ Such first preferred stock is authorized to the amount of
§30,000.000 [second preferred to S16,000,000.—E d s .] , and, as
provided in the certificate of incorporation, the consent of
the holders of a majority of such first preferred stock then
outstanding, given at a meeting of the stockholders called
for that purpose, is necessary to any increase of such author­
ized amount thereof as well as to the creation of any mort­
gage, other than those in said certificate specified, upon its
property specified in said certificate.” [Similar consent must
be obtained from the second preferred stock to any increase
of either the first preferred or the second preferred and to
any new mortgage.—E d s .J
P R EFE R R E D STOCKS REDEEM ABLE A T PAR.

“ The Erie Railroad Company reserves the right, if allowed
by law, at any time to redeem its first preferred (also second
preferred) stock at par in cash.”

CONSENT OF TWO-TIJIRDS OF ENTIRE ISSUE OF P R E F E R R E D
STOCK NECESSARY TO MAKE NEW M ORTGAGE
OR TO INCREASE THE P R E F E R R E D .

“ No mortgage other than the mortgages provided for in
the plan of organization of the company shall be placed up­
on the property mentioned in said plan, and the amount of
the adjustment preferred stock (namely, $23,000,000, l shall
not be increased or decreased, except after obtaining in each
instance of the execution o f such mortgage, or increase or
decrease of stock, the consent o f the holders of two-thirds
of the whole amount of the adjustment preferred stock then
outstanding, given at a meeting o f the stockholders called
for that purpose, and the consent of the holders o f a majority
of such part of the common stock as shall be represented at
such meeting, the holders of each class o f stock voting
separately.”
“ The term common stock shall, for the purposes hereof,
be held to include all stock which may be issued other than
the adjustment preferred stock.”
(4) Northern Pacific Railway Company.
The stock o f this company is held in a voting trust agree­
ment dated Dec. 1, 1896, between J. P. Morgan & Co , Reor­
ganization Managers, and J. Pierpont Morgan, Georg Sie­
mens, August Belmont, Johnston Livingston, Charles
Lanier, Voting Trustees. The agreement provides that the
voting trustees shall issue the stock certificates in exchange
for the trust certificates not later than Nov. 1,1901, but that
they may, if they please, cause the exchange to take place
at any earlier date.
The voting trustees are to elect
new trustees to fill vacancies in their number, except
that the successors o f Georg Siemens are always to be
nominated by the Deutsche Bank of Berlin. The trustees
are forbidden to increase the preferred stock or to issue any
new mortgage except with the consent of holders of a ma­
jority of the whole amount of the preferred stock trust cer­
tificates and of the holders of a m ajority o f the common
stock trust certificates represented at the meeting. “ In
voting the stock held by them” , the agreement says, “ the
voting trustees will exercise their best judgment from time
to time to select suitable directors, to the end that the
affairs of the company shall be properly managed, and in
voting on other matters which may come before them at
any stockholders’ meeting will use their best judgm ent.”
1 he preferred stock authorized is $75,000,000, and the
common stock $80,000,000, the certificates for both classes
of stock containing the following :

(8) Norfolk & Western Railway.
In the case of this company there is no voting trust and
of the total authorized preferred stock ($23,000,000) all ex­
cept $166,630 was deliverable under the plan of reorganiza­
tion. The rights of the preferred stock, as set forth in the P R E F E R R E D STOCK ENTITLED TO 4 P E R CENT D IVIDEN DS
(IF DECLARED) T A X FREE.
certificates, are as follow s:
“ The holders of the preferred stock of the company shall be
PROVISIONS FOR NON-CUMULATIVE DIVIDEN DS OF NOT
entitled to non-cumulative dividends for each fiscal year,
EXCEEDIN G 4 PE R CENT PER ANNUM AS
DECLARED B Y BOARD.
when and as declared by the board o f directors o f the com­
“ The holders of the adjustment preferred stock of the pany, to the extent of 4 per cent per annum, payable quar­
company are entitled to non-cumulative dividends for each terly on the first days o f March, June, September and De­
fiscal year, when and as declared by the board of directors cember out of any surplus net profits of the company, as
of the company, to the extent of 4 per cent per annum, pay­ determined by said board, before any dividend shall be de­
able out of any surplus net profits of the company, as deter­ clared or paid for or in such fiscal year on the common
mined by said board, before any dividend shall be declared stock, and without deduction for any tax or taxes imposed
by the United States or by any State or municipality there­
or paid in or for such fiscal year on the common stock.”
of that the railway company may at any time be required
PREFERENCE AS TO ASSETS IN CASE OF LIQUIDATION.
to pay or to retain therefrom.”
“ And in case of liquidation or distribution of the capital
TH EN COMMON TO 4 P E R CENT.
of the company, the holders of the adjustment preferred
stock will be entitled to receive the par amount of their
“ Dividends on the common stock may be declared and paid
stock out of the company’s assets in priority to any pay­ out of any surplus net profits remaining from any previous
ment therefrom on the common stock.”
fiscal year or years for which the full dividends at the rate
of 4 per cent per annum shall have been paid on the pre­
DIVIDENDS ON COMMON STOCK.
“ Dividends on the common stock may be declared and paid ferred stock.”
THEN BOTH STOCKS 8H A R E R A T A B L Y .
out of any surplus net profits remaining from any previous
fiscal year or years for which the full dividends at the rate
“ But after dividends to the extent of 4 per cent shall have
of 4 per cent per annum shall have been paid on the adjust­ been declared for any one fiscal year on all the stock of the
ment preferred stock; but no dividends shall be paid on the company (common as well as preferred), any further divi­
common stock out of surplus net profits o f any year for dends for that fiscal year shall be declared only for the
which the full dividends shall not have been paid' on the equal ratable benefit o f all the stock, whether preferred or
adjustment preferred stock.”
common. No dividends shall be paid on the common stock
RIGH T OF PREFERRED STOCK TO CONTROL COMPANY UNTIL out of surplus net profits of any year for which the full div­
SEPT. 24, 1901, UNLESS 4 PER CENT IS P A ID ON P R E ­
idends shall not have been paid on the preferred stock.”
FERRED STOCK FOR TH REE CONSECUTIVE YEARS.

“ During the period of five years after the organization o f
the company, unless full yearly dividends at the rate of 4
per cent per annum shall have been paid on the adjustment
preferred stock for three years before the expiration of that
period, two-thirds of the whole board of directors of the
company shall be elected by separate ballot, by vote of the
holders of a majority of the adjustment preferred stock up­
on which votes shall be cast at the respective elect ions of
directors, and the remainder of the board shall be elected by
separate ballot by vote of the holders of a majority of the
common stock upon which votes shall be cast. After the
expiration of five years, or after full yearly dividends on the
adjustment preferred stock shall have been paid for three
years, the adjustment preferred stock and the common

P R E F E R R E D STOCK TO E LECT A M A JO R IT Y OF DIR E C TO RS
IF FULL DIVIDENDS ON P R E F E R R E D STOCK FOR
IT WO SUCCESSIVE QUARTERS A R E NOT PA ID .

“ Whenever the full and regular quarterly dividends for
two successive quarterly periods after July 1st, 1897, upon
the preferred stock at the rate of 4 per cent per annum
shall not have been paid in cash, then and in that event at
the next annual meeting such number, and only such num­
ber, of directors as will constitute a majority of the whole
board shall be elected by a separate ballot by the holders of
the preferred stock present or represented at such meeting,
and the remainder o f the board shall be elected by a sepa­
rate ballot by the holders of the common stock present or
represented at such meeting, in every case each share to be
entitled to one vote.”

IN VESTORS’

A f'h i l , 1397. j

VO S E W M ORTGAGE OR INCREASE OP P R E F E R R E D STOCK
W ITHOUT CONSENT OP M AJORITY OF
A L L TH E PREFERRED, ETC.

“ The company shall not put a mortgage upon its property
formerly embraced in the system o f the Northern Pacific
Railroad ornpany, nor shall the amount of the preferred
stock be increased except after obtaining in each instance
the consent o f the holders o f a majority o f the whole amount
of the preferred stock given at a meeting o f the stock­
holders called for that purpose, and the consent o f the
holders o f a majority of such part o f the common stock as
shall be represented at such meeting, the holders o f each
class of stock voting separately."
PR EF E R R E D

STOCK

SUBJECT
TO

TO

C ALL A T

PAR

P R IO R

1917.

“ The company shall have the right at its option, and in
such manner as it shall determine, to retire the preferred
stock in whole or in part, at par. from time to time, upon
any first day o f January prior to 1917."
CERTIFICATES M A Y BE REGISTE R E D IN' BERLIN'.

SUPPLEMENT.

5

the stockholders during the continuance o f the voting trust
the Central Trust Co. shall vote the stock as follows :
1. Against any increase in the preferred capital stock of
the company < Ims the holders of all o f the voting trust
/<
certificates of both classes give their unanimous consent
thereto it general meetings.
2. Against all propositions “ relating to the mortgaging,
selling or leasing of the railroad and telegraph lines o f the
company or to the consolidation thereof", u%less an affirma­
tive vote shall be authorized and directed by the holders of
a m ajority of all the outstanding voting trust certificates of
each class.
1 3. On all other questions the Central Trust Co. shall vote
as directed by the holders o f a majority o f the aggregate of
|all its voting trust certificates of both classes represented at
general meetings.
The preferred stock certificates of the Oregon Railroad &
Navigation Company s a y :
P R E F E R R E D EN TITLED TO A P E R CENT DIVIDENDS. T H E N

••Certificates for preferred and common stock registered j COMMON TO 1 PER CENT. THEN BOTH SH ARE PRO RATA.
in New York may be exchanged in such manner as the com- j “ The company has duly authorized the issue of preferred
ny may prescribe for similar certificates registered at the { stock to the amount o f $11,000,000, and o f common stock to
utsclic Bank in Berlin, and all dividends declared on the j the amount o f $24,000,000, The preferred stock is entitled
preferred stock registered in Berlin will be payable there at 1in each calendar year to receive dividends, if declared, to
the rate o f 4‘30 marks per dollar."
the amount o f 4 per cent per annum, non-eurnulative. be­
fore any dividend shall be paid upon the common stock, and
(5) Oregon Railroad A Navigation Company.
the common stock is entitled after the payment of 4 per cent
The stock of this company ($10,998,500 o f preferred and
dividends to the preferred stock to all dividends declared
$24,000,000 o f common) is to be held in trust until Aug. 17, j during the same year up to 4 per cent per annum ; and after
1906, by the Central Trust Company, which will elect as the payment o f this dividend to the common stock, all divi­
directors o f the Oregon RR. it Navigation Co. ten directors, dends declared during that year shall be distributed pro rata
to the preferred and the common stock."
five of whom shall be residents o f Oregon, nominated by j
the holders o f the trust certificates for the preferred stock, ; P R EFE R R E D STOCK HAS PREFERENCE AS TO ASSETS IN
CASE OF LIQUIDATION.
and five directors, three of whom shall be residents of
•'In case of the liquidation of the company, the holders of
Oregon, nominated by the holders of the trust certificates the preferred stock shall be entitled to receive the par
for the common stock. In this manner is ensured to the . amount of their stock out o f t he assets o f the company in
preferred stock the control o f the company until the date priority to the common stock.”
NO INCREASE OF THE PR EF E R R E D STOCK W ITHOUT CON
named unless the trust shall be earlier terminated, as
SENT OF A LL TH E COM PANY'S STOCKHOLDERS.
authorized, in one of the following ways ;
“ The preferred stock shall not be increased without the
A. By the consent o f the holders of two-thirds of each consent o f all the stockholders o f the company."
NO NEW M ORTGAGE, SALE. LEASE OR CONSOLIDATION OF
class of voting trust certificates.
P R O PE R T Y W ITHOUT CONSENT OF A M AJORITY
B. By the payment by the railroad company upon the pre- |
OF EACH CLASS OF STOCK.
ferred stock
dividends which shall equal in the aggre­
"N o mortgage shall be put upon the property o f the com
gate 30 per cent of the par value o f the stock, whether such
dividends are declared succesaively or not. and without re- j pany, and no sale or lease o f its railroad or telegraph line
shall be made without the approval of the holders of a ma­
gard to the several amounts o f the dividends «o paid.
C. By a deposit made by common stockholders, as herein­ jority o f the preferred stock nud o f a majority o f the com­
after stated, with the Central Trust Co., o f such amount or mon stock, and the company shall not consolidate itself
amounts tless a discount of 0 percent), as, together with the j with or into any other company without like approval."
dividends theretofore [raid, shall equal 20 per cent on the
(0) Reading Company.
preferred stock. Said amount to be paid forthwith to the j The entire capital stock o f this company is deposited un­
holders o f certificates representing the preferred stock.
D. By a guaranty given, at the instance of common der a voting trust agreement, to be published in the Chron­
■stockholders m hereinafter stated, either by the American , i c l e of May 1, The voting trust will terminate Jan. 1, 1902,
Surety Co., or the Lawyers’ Surety Co., or some other person if the company shall by that time have paid 4 per cent cash
or corporation of New York, which is satisfactory to the dividend on its first preferred stock for two consecutive
Central Trust Co., guaranteeing for the benefit of the pre­
ferred stock the pay ment o f such sum o f money as shall, years, and if not then so soon us such dividend shall have
with the dividends theretofore paid on said stock, be equal to j been pan I. The voting trustees, however, may terminate
2« per cent. Such guaranty .shall be for the payment on j the voting trust at any time. The agreement reserves to
the first day o f each successive calendar year thereafter at the holders o f the voting trust certificates tlu- same rights
the rate of at least 4 per cent per annum of the balance o f
as to voting on any proposition to make a new mortgage
the 29 per cent o f dividends remaining unpaid.
The right to terminate this agreement, as stated in {ant- or to increase the authorized issue* o f the preferred stock
graphs C and D, !• given for 2 ', years from Aug. 19. 1896, a* would be conferred by the stock certificates themselves
>
to the holders o f voting trust certificates representing « if they were outstanding. The voting trustee* agree to se­
majority, and thereafter to holders of trout certificates rep­
resenting at least $3,000,00(1 o f the common stock. And the lect suitable directors, and a* to all questions coming before
preferred stock when issued therefor shall bnstamped with them to exercise their best judgment.
“ the fact that this agreement has been terminated by the • The first preferred stack L authorized to a total of $28,000,s
payment or guaranty of dividends, and that during the 000, and the certificates contain the following provisions:
period for which such dividends shall have been paid or j
STOCK
guaranteed the holders of preferred stock shall nol be en­ FIRST P R E F E R R E D D E N I) IFENTITLED TO 4 P E R CENT D1VI
DECLARED.
titled to eny dividends declared by the company, except j “ The first preferred stock is entitled to non-cumulative
such dividends aa shall be declared upon the preferred stock j dividends at the rate of, but not exceeding, 4 per cent per
in excess of the amount paid or guaranteed [of at least 4 I
per cent per annum.—Kim . j, in order to terminate said annum in each anil every fiscal year, in preference and
in or for such fiscal year o any
trust agreement with the discount thereon. But all the i priority to any payment but only from undivided net, fprof­
dividends declared by the company upon such preferred ; dividend on other stock;
its o f the company when and as determined by the board of
stock during such period, not exceeding, however, the ! directors, and only if and when the board shall declare div­
amount so 'paid or guaranteed, together with the dis­ idends therefrom. If. after providing for the payment of
count thereon, shall be paid by the company to the full dividends for any fiscal year on the first preferred stock,
voting trustee [Central Trust Co.] to be paid over by said there shall remain anv surplus undivided net profits, the
voting trustee to the common stockholders making the de­ board out o f such surplus may declare and pay dividends
posit or musing the guaranty to be made".
for such year [ to an amount not exceeding 4 per cent. Eds.]
In other words, the voting trust will end prior to Aug. upon the second preferred stock. If, from the business of
17, 1996, in case the railroad company- shall have paid divi­ any particular fiscal year, excluding undivided net profits
dends in all aggregating 20 per cent on the preferred stock, remaining from previous years, after providing out of the
net profits o f such particular fiscal year for the payment of the
or in case a sufficient number o f the common stockholders full dividends for such fiscal.year on the first and second
shall have exercised the option to pay down for the benefit preferred stock, there shall remain surplus net profits, the
of the preferred stock, or to give a satisfactory guaranty board o f directors may declare, and out o f such surplus net
that there will be paid thereon, at the rate of at least 4 per profits o f such year 'may pay, dividends upon any other
stock of the company. But no dividends shall in any year
cent yearly, a sure equal to the balance o f the 20 per cent in be paid ujwn any such other stock out of net profits of any
dividends remaining unpaid.
previous fiscal year in which the full dividends shall not
As regards all questions which shall require the action of have been paid on the first and second preferred stock,”

K

6

INVESTORS’ SUPPLEMENT,

[VOL. L X IV .

B IG H T T O IN C R E A S E ISSU E PR O M $ 2 8 ,0 0 0 ,0 0 0 TO $ 4 0 ,0 0 0 ,0 0 0
F O R CONVERSION" O P S EC O N D P R E F E R R E D
S T O C K -O T H E R P R O V IS IO N S .

The stock certificates of the company, common, first pre­
ferred and second preferred, all contain the follow in g :

"S u d i first preferred stock is out horized to the amount of
$js,oo0,000, and the consent of the holders of a majority of
the whole amount of such first preferred stock then outstanding, given at a meeting o f the stockholders called for
that p u r p o s e . is necessary to any increase of such author­
ized am,mn! thereof as well as to the creation of any mortgae'e additional to that for $135,000,000 heretofore authori/.wl, except that, at any time after dividends at the rate of
1 per cent per annum shall have been paid thereon for two
s u c c e s s i v e y e a r s , said first preferred stock may be increased,
without such consent, to the extent o f 420,000 shares for use
towards the conversion of the second preferred stock ; and,
accordingly, this certificate is issued and accepted upon
condition that, without further consent from the holder or
owner hereof, the Reading Company may so increase and
issue its first preferred stock.

F IR S T

P R E F E R R E D STOCKS S U B J E C T TO C A L L A T P A R ,

P R E F E R R E D T O R E C E I V E 4 P . C ., T H E N 2 D
F E R R E D 4 P E R CENT, T H E N COM M ON A L L
R E M A I N I N G D IV ID E N D S .

PRE­

‘ 'Holders of the first preferred stock are entitled to receive
dividends thereon when earned and declared for any year
to the amount of 4 per centum before any dividend for that
year shall be set apart or paid on the second preferred stock
or on the common stock, but such preferred dividends shall
not be cumulative. Holders of the second p referreci stock
are entitled to receive dividends thereon when earned and
declared for any year to the amount o f 4 per centum before
any dividends shall be set apart or paid on the common
stock, but such preferred dividends shall not be cumulative.
A fter the payment o f such dividends on the first preferred
stock and second preferred stock for any year, the holders
of the common stock are entitled to receive all dividends
that may be earned and declared for that year.”

P R E F E R R E D S T O C K S S U B J E C T TO C A L L .
■■The Reading Company shall have the right at any time to
redeem either or both classes of its preferred stock, at par
“ The company reserves the right at any time to redeem
in cash, if such redemption shall then be allowed by law.”
either class of its preferred stock in cash if allowed by law.”
The second preferred stock is entitled to non-cumulative
R I G H T TO IN C R E A S E P R E F E R R E D STO C K S.
i per cent dividends (if declared) in preference to dividends
“ The articles of association of the company provide that the
on the common stock. The certificates are similar to the amount of the first preferred stock shall not be increased ex ­
first preferred stock certificates above given, but say :
cept with the consent of the holders o f a majority of the
whole amount of each class of pteferred stock given at a
SEC ON D P R E F E R R E D S TO C K .
“ Such second preferred stock is authorized to the amount meeting of the stockholders called for that purpose, and
of $42,000,000 : and, except as hereinafter stated, the consent with the consent of the holders of a m ajority of such part of
of the- holders of a majority of the whole amount of such the common stock as shall be represented at said meeting,
second preferred stock then outstanding, given at a meet­ the holders of each class of stock voting separately, and that
ing of the stockholders called for that purpose, is necessary the amount of the second preferred stock shall not be in­
to any increase of such authorized amount thereof, or of the creased except with the consent of the holders o f a majority
first preferred stock, as well as to the creation of any mort­ of the whole amount thereof given at a meeting of the
gage additional to the mortgage o f $135,000,000 heretofore stockholders called for that purpose and with the consent of
the holders of a majority of such part o f the common stock
authorized.”
as shall be represented at said meeting, the holders of each
R IG H T
OF
C O N V E R SIO N
IN T O
COMM ON
AND
F IR S T class of stock voting separately.”
PREFERRED.

‘ •The Reading Company reserves the right, and this cer­
tificate is issued and accepted upon condition, that at any
time after dividends at the rate of 4 per cent per annum
shall have been paid for two successive years on the first
preferred stock, the Reading Company, without further con­
sent from the holder or owner hereof, may exercise the
right to convert the second preferred stock, not exceeding
$42,000,000 at par, one-half into first preferred stock and onehalf into common stock, and accordingly may so increase
and issue its first preferred stock and its common stock to
provide for such conversion of the second preferred stock.”

(7) St. Louis & San Francisco Bailway.
The capital stock of this company is deposited in a voting
trust “ as additional protection ” to the consolidated mort­
gage 4 per cent bonds of 1898. The voting trust agreement
is dated July 1, 1898, and is made between the reorganiza­
tion committee and the voting trustees, viz.: John A. Stew­
art, Louis Fitzgerald, J. Kennedy Tod, Isaac 1 T Seligman,
S.
Samuel O. Eastman, Benjamin P. Cheney, James A, Blair,
The agreement provides that the voting trustees “ shall
select suitable directors to the end that the affairs of the
company shall be properly managed” , and in voting on
other matters shall exercise their best judgment. The vot­
ing trustees, however, are forbidden to authorize any addi­
tional mortgage and to increase the amount of the pre­
ferred stock, except with the consent of the holders ol a
majority of the whole amount of the trust certificates for
each class of preferred stock and of a majority of the certifi­
cates for common stock represented at such meeting, each
class of trust certificates voting separately. So also as to
any increase of the second preferred stock, the voting
trustees must first obtain the consent of the holders of a
majority of the whole amount of the trust certificates repre­
senting said stock and the consent o f a majority of such
part of the trust certificates for common stock as shall be
represented at the meeting called to act on said matter,
each class voting separately.
As to the expiration of the voting trust, the voting trust
certificates sa y :
‘ •Nostock certificates shall be due or deliverable hereunder
before the first day of July, 1901, nor until the expiration of
such further period, if any, as shall elapse before the St.
Louis & San Francisco RR. Co. shall have paid for two co n ­
secutive years a 4 per cent cash dividend on its first pre­
ferred stock. The voting trustees may. notwithstanding
make delivery at any time prior to the first day of January,
1902, with the consent of the "holders of at least two-thirds
in amount of the stock trust certificates issued by the under­
signed voting trustees and then outstanding, in respect of
each class ot the stock of said Railroad Company, and may
make delivery after said first day of January, 1902, in their
absolute discretion.”

(8) Southern Railway.
The entire capital stock of the company, except sufficient
to qualify directors, is deposited with J. P. Morgan, Charles
Lanier and George F. Baker as voting trustees, to be held
by them till July 1, 1899, and for such further period, if any,
as shall elapse before the preferred stock shall have paid 5
per cent cash dividend for one year. The trustees may,
however, terminate the trust and deliver the stock at any
time. As in the other voting trusts already mentioned, th e
trustees are required to select suitable trustees, that the
affairs of the company may be properly administered, and
in other matters to exercise their best judgment. The trust
agreement is on the expressed understanding “ that the
preferred stock is subject to the exercise at any time by the
Southern Railway Company o f any charter right to redeem
such stock in cash at par.” This fact does not appear in the
stock certificate itself. The preferred certificate expresses
as follows the preferential rights o f the preferred stock :
E N T IT L E D T O N O T E X C E E D I N G 5 P E R

C EN T D IV ID E N D .

“ The preferred stock is entitled to the following prefer­
ences and to no other, v iz.: In each and every fiscal year
after the first day of July, 1895, to receive non-cumulative
dividends at and up to the rate of 5 per cent per annum in
preference and priority to the payment of any dividend on
the common stock in such fiscal year, but only from the net
profits of the company as such shall be fixed and determined
b y the board of directors and only when and as such board
shall declare dividends therefrom: but, notwithstanding the
preference hereby declared, if, after providing for the pay­
ment o f dividends for any fiscal year on the preferred stock
outstanding in such year, there shall remain a surplus of net
profits o f such year, the board of directors may declare
and pay dividends upon any other stock of the company for
such year out of such surplus net profits.”
R IG H T TO

IN C R E A S E

P R E F E R R E D STOCK
M ORTGAGE.

OR

MAKE

N EW

“ Such preferred stock is authorized to the amount o f $60,000,000; and without the consent of the holders of a ma­
jority of such preferred stock then outstanding, the com­
pany can neither increase such authorized amount thereof
nor put upon its property any mortgage to secure bonds for
more than the aggregate principal sum of $120,000,000, in
addition to prior liens thereon, assumed, extended or re­
newed, or any substitutions therefor, against which a like
amount of bonds shall be reserved out o f such amount of
$120,000,000.”
In subsequent issues of this S u p p l e m e n t we shall

publish the terms of preference from the preferred cer­
tificates of forty or fifty other companies, including
1among them practically every important railroad cor­
poration in the United States.

RAILROAD
{F o r

M is c e l l a n e o u s

C o m p a n ie s

COMPANIES.
see

141

pages

to

155

in c l u s iv e

.)

E X P L a X1TOR I". —Ttii-i S u p p l e m e n t la e x p r e s s ly In te n d e d fo r u se In o o n n e o tlo n w ith t i e In v e stm e n t n ew s a n d a n n u a ! re p o rts p u b lish ed
f r m w e e k to w e e k In th e C h r o n i c l e . F req u en t r e fe r e n c e s a re t h e re fo re m a d e t o th e v o lu m e a n d p a g e o f th e C h r o n i c l e (a s, V . 6 4, p . 000)
w h ere fu lle r In fo rm a tio n m a y be fo u n d . F o llo w in g e a ch sta te m e n t a lso Is g iv e n a r e fe r e n c e to th e la te s t n e w s Item in th e C h r o n i c l e re g a r d in g
t h e co m p a n y . A s e v e r y B a c h Item c o n ta in s a re fe re n o e t o th e la st p r e c e d in g ite m , th e r e a d e r c a n ru n b a c k o v e r th e c o m p a n y ’ s h is to r y
a t p le a su re . A n n u a l rep orts a re In b la ck -fa ce d figu res, an d ita lics In d ica te a p a ra g ra p h h e a d e d b y th e n a m e o f s o m e o th er c o m p a n y .
S u m m i t*,—T h e secu rities o f e a ch c o m p a n y a re d e s c rib e d In th e ta b le a t th e h e a d o f th e p a g e , b u t th e c a p ita l s lo c k (fo r la c k o f sp a ce) is
o cc a s io n a lly m en tion ed o n ly In th e t e x t b e lo w .
In d ex.—A n y c o m p a n y n o t in its reg u la r a lp h a b e tica l o r d e r m a y h e fo u n d b y m ean s o f th e in d e x t o ro a d s le a se d a n d c o n s o lid a te d .
T h e “ d iv id en d s ” a p p e a rin g in th e t e x t a re th ose w h ic h h a v e a c tu a lly b e e n p a id d u rin g th e o a le n d a r y e a rs n a m e d , Irre s p e ctiv e o f w h en
th e y m a y h a v e b e e n e a r n e d ; h e n ce th e y o ft e n d iffer fro m th e d iv id e n d s re p o rte d in c o n n e c t io n w ith th e e a rn in g s f o r th e sam e y e a rs .
B y " net ea r n in g s ” a s used in th is SUPPLEMENT is m e a n t th e ea rn in g s r e m a in in g a fte r d e d u ctin g o p e ra tin g e x p e n se s , b u t n o t In te re st on
d e b t, re n ta ls o r o t h e r ftx ed ch a rg es. S om e co m p a n ie s r e p o r t n e t e a rn in g s b e fo r e a n d s o m e a fte r d e d u c tin g ta x e s.
Abbreviations u sed a r e : M . fo r “ m o r t g a g e ;” g e a . St. f o r “ gen era l m o r t g a g e ;” e o n . M. o r c o n s o l. M . f o r “ co n so lid a te d m o r t g a g e ;" in c. M.
f o r " I n c o m e m o r t g a g e ;” g. fo r " g o l d ; ” cu r. fo r “ c u r r e n c y ; " gu ar. p . A 1. f o r “ g u a ra n te e d p r in c ip a l a n d I n t e r e s t ;" cu m . f o r
" c u m u la t i v e ;" n on -cu m . fo r “ n o n -o u m illa tiv e ;” o o n v . fo r “ c o n v e r t i b le ;” p ro f, f o r " p r e f e r r e d ; " s. f. f o r “ sin k in g f u n d ; ” 1. gr. fo r “ la n d
g r a n t ; ” r. f o r “ r e g is t e r e d ;" e. f o r * c o u p o n ;" c.* fo r “ c o u p o n b u t m a y b e re g iste re d as t o p r in c ip a l;" b r. f o r “ b ra n ch ; ” en d . f o r " e n d o rs e d ; ”
<
" r e d ." f o r re d eem a b le (so “ red . a t 1 0 0 " m ea n s s u b je c t t o c a ll a t p a r ) ; *‘ d’ r n ” o r “ t o w n ” f o r s u b je c t t o o a llw h e n t o w n b y l o t ; “ p . m ." f o r
“ p e r m ile ;" a e'd f o r “ a s s u m e d ."

Miles of Road. — pposite bonds, this means the miles o f road o wned covered by the m ortgage.
O
Size o r P a r Value.—S h ow s (In d o lla r s un less o th e rw is e m a rk e d ), th e d e n o m in a tio n s o r p a r va lu e , “ 1 0 0 , A e .," s ig n ify in g $ 1 0 0 a n d la rger.
S a te P er Cent. —The Interest ra te, a n d w h ere c o n s t a n t th e d iv id e n d ra te , p e r a n n u m la h ere s h o w n ; g ., g o ld ; o , c u r r e n c y ; x , e x t r a ; a. s to c k o r
»cr i ; p e r am. m ea n s p e r a n n u m , so 6 p e r an. t i l . A S .) m ea n s 0 p e r ce n t y e a rly , p a y a b le 3 p e r o e n t In M a y a n d 3 p er c e n t In N o v e m b e r.
W hen P ayable.—J. A J . sta n d s fo r J a n u a ry a n d J u l y ; F . i t , F eb ru a ry a n d A u g u s t; >X. A 3 ., M arch a n d S e p t e m b e r : A . A O ., A p ril a n d O c to b e r !
M.
A N ., M ay a n d N ov .; J. A D „ J u n e a n d D eo.; Q.—J ., q u a rte rly fro m J a n .; Q .— F., q u a rte rly f r o m F e b .; Q .—M ,, q u a rte rly fr o m M a rch .
S o n d e, p rin c ip a l when d u e, etc.—T his co lu m n s h ow s th e d a te w h en th e b o n d s m atu re a n d t h e a m o u n t a n d d a te o f th e last d iv id e n d .

a
S u b s c r i b e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t ic e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s ,
R A IL R O A D S ,
For explanation of oolumn headings, A c., see notes
above.

Woods—P rin c i­
IN T E R E S T O R D IV ID E N D S .
p al,W h en D u e.
SiF a r °r
A m o u n t jR a te p e r W hen W h e re P a y a b le , a n d b y Stocks—Last
Y afue. O u tstan d in g
D iv id e n d .
C ent.
P a y a b le 1
W hom .

Miles
of

D a te
of
R oad . B onds

!
A b erd een A West End— 1st m o r tg a g e g o ld ..................
29
A d d ison A P en n sy lv a n ia —1 st m ort. fo r $ 3 5 9 ,0 0 0 * .: . . . .
S e co n d inert g a t e , $ 3 5 0 ,0 0 0 ......................................................
A d iro n d a ck .—1st M ., $2,000 ,0 0 0 , g ., gn . p. k 1, end57
A',abama (treat South’ a —" B " shares (E n glish C o ,)- 2 9 0
Pref. “ A " share*. (E n g, C o.) « % (cu m . fo r 8 yea rs) 2 9 0
1st m ortg a g e (A m e r ic a n On.) g o ld ............................ 2 9 0
S e n . M. A m . C o.. x l.l0 O .O O O .re d .a t 110 i n ’ 9 8. c 2 9 0
D ebenture*, g old (E n g lis h C o .)...................................
......
In co m e ce rtifica te* sin k in g fu n d (E n glish C o . ) . . . 1 . . . .
C ar tru st J u n e 3 0 , 1 8 9 6 ............................................. .
......
A la b a m a M idland—C om m on s t o c k ,............. ................ ' ____
F r e t s to ck , 0 p, r t . n on -cu m .; an v o tin g p o w e r .. -----1st M ort,, gu ar, p i t e n d . 8 a v. F t*, A W .. g o ld , .e
175
1 st SL, S p ra g u e t o L u v e r » e ,$ 1 5 ,0 0 0 p .m ,g o t d .a*
33
Ala. X. 0 . Tee. A Pac. J u n e. —D eferred " 8 " s h a r e * ...
....
P re fe r re d " A ” sh ares. 6 p . e. c u m u la t iv e .___ . . . . .
....
" A ” d e b e n ., red . aft. N ov. 1,’ 10. at 115—S e e t e x t < ___
•
“ B ” d eb en tu re*. In com e, red, a fte r 1 9 1 0 a t 115 c
....
“ C " d e b ., in co m e ,s u b je c t t o c a ll a n y tim e a t 1 0 0
....
In terest ce rt, (secu red b y A 3 1 ,1 9 3 " C ” d e b .)
j
A la b a m a A Vicksburg —S to c k ..........................................
143
V icks. A M er. 1st M. g o l d .............................................
143

1890
1892
1892
1892
......
1878
1888
1880
1888
111!
1-898
1890
....
1990
1090
1800
1881

$ 5 0 ,0 0 0
0 9 ,0 0 0
2 8 9 ,0 0 0
1 ,0 0 0 ,0 0 0
$1,000
*1 0 * 1 ,5 6 0 ,0 0 0
* 1 0 | * 8 7 0 ,0 7 0
$1,000 1 $ 1 ,7 5 0 ,0 0 0
*100
* 5 2 0 ,0 0 0
* 1 0 0 . *134,0*00
Various.
* 5 3 .2 5 7
4 0 .5 0 5
1 $ iiio 1 $ 2 ,6 2 5 ,0 0 0
X,6 0 0 ,0 0 0
$100
2 ,8 0 0 ,0 0 0
$ 1,000
5 0 0 ,0 0 0
1 1,000
* 1 0 * 2 ,5 0 0 0 0 0
* 1 0 * 1 ,5 0 0 ,0 0 0
!* 5 0 Ac,!
* 7 1 8 ,8 5 0
1* 2 0 A c,' * 1 .0 4 8 .3 9 0
j* 2 0 Ac.
* 8 1 0 ,0 5 2
* 2 0 .4 9 4
$
,
100
1 ,0 0 0 ,0 0 0
| 1,000

A d d i s o n A i b a i i s y l v a n in B y . —Own* r o a d A d d ison , N ew
Y ork. to CJ-Alacs, F a , 4 1 m l its.; iamsits G a in es t o (laic-ton , Fa-, 5 m,
A re o rg a n isa tion in 1 802. S to c k - a u th oris ed —O o m a o n , $
,
-, p ro terre i. $ 3 4 0 ,0 0 0 (par, S lu h . o u ts ta n d in g S ep t. 3 0 , UH)®—C om m on ,
$ 5 6 9 ,9 0 0 ; p re fe rr e d , $ 1 9 7 ,5 8 0 . lo a n * a n d bills p a y a b le , * 2 3 0 ,0 7 0 ,
In ter. -* d u e J u n e t , 1893, o u 2d m ort. was n o t p a id -See V. 0 1 , p . 557 .
F or y e a r e n d in g J lin e SO, ts9*». h i k i , $ 5 5 ,0 2 0 ; not, $ 7 ,0 5 7 ; deficit
an ter o i n r g - - . $-.•).17.
In H i t 9 3 g ross , $-«7,.j W . not, $ 2 1 ,8 0 8 .
Stan d nr-1-ga n g in g com p le te d in N ov em b er, 1903. S o w Y ork office, 4 9
B taadw ajr.—(V . e l , p , 4 0 9 .5 5 7 .)
A d ir o n d a c k
B y . —O w n * Saratoga to North Creek, N. Y . 57
B ite*. Sxtvnslon to Long Lake, 8 0 m l«s, was propose.!.
Stock

0 00 0
0 0

'
:

0
1

!
;
1
;

t
1
;

700000

0 g.
5 g,
4
4 H g.
)
..........
p e r an.
0 g.
5 g.
6 g.
4
..........
......
......
5 g.
6 g.
....
..........
5 g.
5 g.
5 g.
..
.........
6 g.

J. B a lt,M * r .T r. A D ep .O o,
D. N ew Y o rk , -19 B ’ w ay,
D . D i‘C .,'9 .1 ,eou p .la st p a id .
8. N .Y .O f.,2 1 C o rtla n d tS t.
L ondon ,
M.' A N .
do
J . A J. N .Y .,F a rm .L .A T r .A B o s
L o u d o n , G ly n M ills,
J. A D.
do
do
F. A A,
do
do
*****

J a n .. 1 91 0
D e c , l , 1932
D e c. 1, 1 932
M ar. 1, 1942
D eo., 1 892
See te x t.
J a n . 1, 1 908
D oo. 1. 1927
A u g. 1 5 ,1 9 0 6
By sln k’ g f o n d

E l S . N .Y .,M e t'p o lita n T r.C o.
....
J. A D.

N o v . 1, 1 92 8
D eo. 1, 1 929

J.
J.
J.
M.

A
A
A
A

M. A X .
M. A X
A. A 0 .

Bee rem ark*.
S ee rem a rk s.
Bee rem arks.

N ew O rlea n s, Office.
A . A O. N. Y ., C en tra l T ru st Co.

N o v . l ,191 0 -4 0
N o v .1 ,1 9 1 0 -4 0
N o v . 1, 1 940
N o v ., ’ 9 2 , 3%
At-r. 1, 1921

owned, 203 miles. Operate* A bbeville Southern, A bbeville Junction
to A bbeville, ‘2 7 m iles; enmplntod Nov., 1893. Interest on the 1st
m o r t due 1928 has been reduced from 0 to 5 n. c. and bond* stam ped
principal and interest guaranteed in gold by the Sav. Florida A West.
No arrangement was m ade with the branch line bonds, m ostly held
by the Plant Investm ent Co., which control* the Alabama Midland
stock. Current account* payable June 3 0 .1 3 9 5 , $1,302,809.

Kanvrxfis .—8 months, ( 1096-7.........Gross, $470,305; net, $100,280
Ju ly 1 to Feb. 28.
{ 1893-8 .........Gross, 430,078; net,
33,297
F or year ending June 30, 1908, gross, *0 2 1 ,1 8 2 1 net. $31,729. in
180 4-95. gross, $>33,393; n -t. $21,171. tu 1893-9A gross, $5 47,9 35;
aotbortiied. $1,000,000; outstanding, $2,600,00#; par, $100. The 1 net. $14,722. Plant Investment G o. ow ns $2,425,000 com m on and
bond* carry the endorsed guaranty o f the Dataware A Hudson a* to $1,200,000 prof, stock. V, 59, p. 1057. 1102.
principal and Inter.-," the $t,r«j 0.000 bond* unissued m ay be sold tor
k l a b a m a N e w O r le a n s T e x a s A P a c l f l r J u n c t i o n B a i l extensions at $20,000 p er mile o f -'om pieted ro o d —trust,.-.., U. a. Trust i w a y s C o . ( L i m i t e d . ) —T h is is a n E nglish c o m p a n y c o n tr o llin g A la ­
Co. In yo.it ending June 30. 1*•**.». gr ** -. $tn-!i,24 4 ; net, ?•*;*>,223 : b a m a A V le k so u rg, 143 m ite s : V ick sb u rg S h re v e p o rt A P a cific, 189
o th e r incom e, $72202; charges, ♦ 1 1 . 7 0 6 ; baiiKiee, s orpins, $21,000. 1 m ile s : N ew O rleans A N orth E astern , 1 9 0 m iles.
la 1091 f ., gross earning*. 9190,321; net. s d t .102. In 1093-91, gross,
B o n u s . - T h e " A " a n d * B " d e b e n tu re s a re s u b je c t to c a n a fte r
•
$105,235; net, $19.* U . -(V . 59, p. 3 7 l. 1102.)
N o v . t , 1910, a t 115. Coupons p a id : O n A d e b e n tu re * t o a n d In clu d ­
A la b w m » G r e a t S o u t h e r n It f t . - - ,S>. Map Southern Railway.)— in g M iv , 1897, all in fu ll. On IS d e b e n tu r e s : In 1 891 2M p er ce n t;
Owns* Waubatohle, Team. to Meridian, Miss., 2s»0 mites ; branch line* j ill 1 09 2 , 2 H I*. <v, In 1-093, n o n e ; f o r 1 89 4 , 0 ‘ 873 p . e.; f o r 1 8 9 8 , 1 p , 0
i
.;
operated, *) m ile*; lease* Wauhatehfe to Chattanooga, 5 m il**; Belt fo r 1 8 9 8 , 2*a p. 0 paid F o b . 8, 1 89 7 .
.
K ). o f C h a tta n oog a . 4 3 m iles. T r a c k t g « t o B lo e k to n , A i d , 8 m ile*.
j
SBConrWKD O f S E C . - l t i A V ick sb u rg $ 3 0 ,0 0 0 1 st m o r t ., $ 3 8 7 ,7 0 0
Oaosxw tTfOX.—Controtb by Southern R ailway, but operated as an | 2 d m ort. In com es and $ 1 8 7 ,7 0 0 sto ck : V lekab. S h re v e p o rt A P acific, $3,»
lmtependottt property. Bee V. a t , p. 375. In May, 1195, the Southern 6 9 2 ,0 0 0 1st m o rtg a g e , $ 1,3 0 1 .0 0 0 ltd m o rtg a g e , $ 1 9 4 ,8 0 0 4 | . e . In ­
>
By, fib. atnl the Cincinnati Hamilton A D ay ton made an agreem ent a* : co m e s and $ 1 ,3 9 4 ,0 0 0 s to c k ; N ew O rlea n s A N orth E astern, $ 1 ,9 0 0 ,to this road and the Queen A Crescent route. See V. 80, p, 20. The 1 0 0 0 1st m o rtg a g e and $ 1 ,3 2 0 ,0 0 0 s to c k ; C in cin n a ti S ou th ern , $ 5 3 2 ,0 0 0
Alabama Great Southern By. Limited ovens ill o f the stork and dobeu ; s t o c k ; o v e r d u e co u p o n s , N. O. A N. E. a n d V . 8. A P a c. to D e c , 31,
turns o f th e A id Great Southern Railroad and ha* issued In p lace j 1 8 9 5 . * 9 2 3 ,1 1 7 .
thereof .it* ow n stock and debenture* respcetively f o r :» like nojount. i
The English and Am erican com panies ow n |aint!y $1 ,000,090 Oincen ‘ EsRXtKO**.—S ee se p a ra te sta te m e n t fo r e a ch o f th e co n tr o lle d com n»ti N. O. A Texas Far 1fi c stock. In 1590 th * Beit tty. o f Chattanooga nanles. R e p o r t o f til'- J u n c tio n R y -. Co. fu r y e a r e n d in g D ec. 3 1.
189*1, w a s iu V. 0 4 . p. 3 2 5 , s h o w in g net re ce ip t* fro m Investm ent.* w ere
was lnas-td
* 8 8 ,5 7 1 ; p aid gen era l e x p e n se * (* 3 ,5 9 0 ), in co m e ta x (A t .4 2 8 ),in t e r e s t
BTBQfc. — f the capital Stock o f the English Oim p.iuy »ho Southern i on “ A " d eb en tu res, (* 3 6 ,1 9 4 ), o n “ 8 " debentures* (p a id F eb . 0 1 8 9 7 ),
O
,
R ailw a y C om p a n y in July, 1893, purchased * 3 45.03 1 " A ” share* a i d
* 3 5 ,3 3 8 : b a la n ce * 2 ,0 8 5 , in clu d in g * 0 2 s u rp lu s o f p re rto u * y e a r. V.
$905,001 • B " ait
•
V. 01, (*, 2 * . Of the preferred thares {English ’ 6 4 , p, 3*25.
>
C om p m y) a 1tUorirod X Uti.O.io were unissued Juno 30, 1-895. A s to i
A l a b a m a A V i c k s b u r g B y . —OwnB Vtokalmrg to Meridian. Miss,
application of net profits see 8Cf‘ Pi.KK>-vr o f M atch, 189 4.
D t n o t s r * .- O n • A” assenting shares: In 1889, 6 per cent; In 1090. and branch, 143 miles, all steel rails. Controlled by Alabama New
•
Orleans Texas A Pacific Junction Co.—which see. Reorganization of
9 ; in 1091.8 p. c.t In 1892, 8 ; in 189.). none: In 1 8 9 4 ,none; in 1095.8.
On Cia«* “ B ‘ i H p. c. was paid in 1891; 1892, Decern tier, 1 *9 p. 0.
i
j the ViekshurgA Meridian foreclosed Fob. 4,1889 (see V.48, p. 190),
DtvxOBSbs.—N ov., 1890, to Nov., 1892, 3 p. c. y ea rly ; none since.
BQgiX...Of tbs v.-i- ryi m o r t : -seed tty- Am erican C*.*.J #434,000
Bonds .—(Ebe new seconds were inooine till April 1,189-4, and a r e a
is in trust to retire the 1st 6* and debenture* at maturity.
first lien on the lands—92,009 acre*. Trustees, Central Trust Co. Of
L a t e s t E xim tS tn a —0 tnos., ) '9 0 7 . G r o s s , $1,124,034; net,$407,859 '
the $1.800,000 consols ap h orized . $1,000,000 arc with trustee to retire
July 1 to Feb. 28.
i *1)3 0 Ot*»s. 1.18 4.189; net, 432,855 .
V. A M. firsts. Vicks. A Meridian bonds assenting to reorganization
A sni; vi R e r o a r .—Report for year ending June 30. 189*1. was in V. plan o f 1889. Tho righ t t o call expired April 1,1897.
63,
099. showing gross, $1 ,031 ,093 ; net, $ 5 0 0 ,7 9 2 ; in terest o n f
bonds, 8200,435. incom e tax. ate., $17,018 ; balance for stock, $224,- j E .u m s o s ,—Calendar year 1890. gross, $003,853; in 1893. $318,948.
339, In 1894-95, gross. $1,528,407; net, $500,373 : balance for stock. 1 Report for fiscal year ending June 80 ,189 0, was in V. 03, p. 555, 650,
showing results as follow s. T axes aro included in operating expenses:
$224,800 A liv id -n 1 first sine* 4892) o f 0 ,• n, o n p ro f. “ A ' s tock
W
ei.
Other inc. In terest, etc. S a l. stir
dross.
was paid In December. 1095. amounting to $190,571. See V. 04, p.
$425,811
$35,147
$ 1 0 0 ,9 5 8
...........
325 for S(atom mt o f English (>• Jane 30 . i 896 -(V . S I. p, 20. 0 7 ,5 0 9 , 1895-90 .$575,072
121,200
5,950
129,972
$238
18 94 -9 5 .. 555,077
610, 1 104 : V. 03, p 356. 6 9 9 ; V. 04, p, 325.*
125,340
1,200
129.147
150
A la b a m a M id la n d B y . —Own* Bainbrtdge, Gu.. to Montgomery, 1 8 9 3 -9 4 .. 505,780
Alati 175 0)118*; branch, .Sprague Junction to Luverne, 33 m iles; total - ( V . 59, p. 7 3 0 ; V. G i, P- 5 1 4 ; V. 6 3 , p . 5 5.5, 6 5 0 .)

JL V ETO ES5 SUPPLEMENT..
N

8
S u b scrib e r*

w ill

co n fe r

«

"ren t

fu v o r

R A IL R O A D S .

by

g iv in g

1M iles D a te
of
1 of
|R oad . B on d s

on t o s t R age o f tables.

Alabama A Vicksburg...tConcl’idl'd) —

142
142
12

Albany a Vermont— Stock..........................................
Allegheny <f Kinxua —l e t M ., f o r $ 5 0 0 ,0 0 0 , g o ld ..C ’
AUeghen v Valley—C om m on s tock fo r $ 1 2 ,0 0 0 ,0 0 0 .

Im m e d ia te n o tic e o f a n y e r r o r d is c o v e r e d In tb e s e 'T a b le s.
B onds—P r ln c l
IN T E R E S T O R D IV ID E N D S .
Size, o r
p a l,W lien D u e .
A m ou nt
P ar
O u tstan d in g R a te p e r W hen W h ere P a y a b le a n d b y Stocks—L a st
V alu e.
C ent.
W h om .
P a ya b le
D iv id e n d .

1889 $10 0 & c.
1889 100 & 0.
100
1 ,000
1865
1 ,0 0 0
1876
100
1 ,0 0 0
1 890
50
50
1 870
$& *
1 870 100 ,00 0
1 ,0 0 0
1892
___
50
1 ,0 0 0
1889
100
100
1 ,0 0 0
1 895

143
143

Ain, A Vicks, consol. IstM .. ($1,800,000! g o l d ....
2 d m ortga ge w as in co m e till A p r .,!89-1, g o ld ...
Albany if Susq.—Stock, dlv’ l'ds guar, by D .& I I . (end)

259
259
P referred stock fo r $ 1 8 ,0 0 0 ,0 0 0 , 3 p e r ce n t em u.
259
1st M ,t low gra d e,E a st'll Exit,, g u ar. Perm . R R ..c
259
M ort. t o S tate P a .. $ 1 0 0 ,0 0 0 d ue Jan . 1, yea rly .
259
Gen. M .($ 20 ,00 0 ,0 0 0) g ., guar. p. & 1. (end.).o*& i
__
Allentown RR. (leased to Phlla. & R e a d in g K y .) ..
3
AUentoum Terminal— I s t m ., gu ar.p.& L (eud.)g'>ld.
Ann Arbor Railway— C om m on stooic.......................
P re fe r re d stock ($ 4 ,0 0 0 ,0 0 0 ). 5 p . o „ n o n -c a m ...
295
1st m o rtg a g e, $ 7,0 0 0 ,0 0 0 , g o l d . . . . . .................... .o ’
Annapoliir a Baltimore Short Line—S ee B a l t im o r e A A nn APOLI8 S h o r t
100
Annapolis Washington t£ Baltimore.— S to c k ............. 20*3
1883
1 ,0 0 0
26
Ark. J Louisiana —1 st m ort. (ailth. $ 3 8 4 ,0 0 0
74
1,000
1891
Ark. Midland.— l* tM . ($ 6 ,0 0 0 p . m .)g .,r e d .a t ll0 .o *
1 ,0 0 0
Asheville <SSpartan.— S .T J .& C ol.lstM .g .g u .(seetex ' 134 1895
1880
Ashland Coal <f Iron Railway.—1 st m o rtg a g e -----1,000
254
1 879
A lch ison Col. < Pacific— 1 stM . ($16 ,00 0 p. m l g u .. o’
<
1 ,0 0 0
3 4 1 879
Atchison Jewell Co. if TTesf—1 st M .,gu ar. C. B . u , P .o
100
A t c h i s o n T opeka < Santa F e M y .—S tock , c o m .. 6,435
&
.
100
S tock , p referred , 5 p . c .. n on -cu m u la tlv e ...............
141
1 ,0 0 0
1885
C h ica go Sc St, L ou is 1st M . ($ 1 0 ,00 0 p e r m ile )___

.1

A l b a n y Sc N o r t h e r n R a i l w a y .—O w ns ro a d fro m C ord ele to
A lb a n y . G n .,3 5 m iles, c o m p le te d in 1891. F o r m e r ly A lb a n y Florid').
< N orthern Ky., b u t n a m e ch an ged in 1 896. E a rn in g s f o r y e a r e n d in g
fe
J u n e 3 0 , 189G, g ross, $ 3 2 ,9 0 3 ; n et, $ 831.
A l b a n y Ac S u s q u e h a n n a R R . —(/SeeMap Delaware < Hudson.) —
&
R oad .—
-Ow as A lb a n y , t o B in gh am ton, N. Y., 142 m iles. L eases,
D u an esb u rg J u n ction , N. Y ., to S ch en ecta d y , 1 4 m iles; C oblesk ill,
N. Y., to C herry V a lley , 21 m iles; L a ck a w a n n a & Susquehanna R R „ 22
m iles; E ast G len v ille t o C oons, 1 0 m iles; to ta l op era ted , 2 09 m iles.
L e a se d fo r 150 yea rs from F eb ru a ry , 1 87 0 , t o D ela w a re & H udson
Canal Co., w h ich D eo. 3 1 ,1 8 9 6 , ow n ed $ 4 5 0 ,0 0 0 stock. L essee gu aran ­
tees 7 p e r ce n t p e r annu m o n s to c k t ill th e A lb a n y C ity lo a u fo r $ L,000.0 0 0 Is p a id b y sinking fund, th erea fter 9 p e r cen t. (See w o r d in g o f
gu a ra n ty in V. 5 6, p. 774.) T he sin k in g fu n d o f $ 6 0 3 ,1 9 2 J u n e 3 0,
1895, and its a nnu al in co m e o f $ 1 0 ,0 0 0 has been o r w ill b e
u se d to w a rd p a y in g this $L,0 0 0 ,0 0 0 loa n , and the rem a in d er n eoessa ry
to m eet it- (a bou t $350 ,0 0 0 ) w ill be a d v a n ced b y th e co m p a n y , w h ich
m ust b e rep a id from sin k in g fu n d b e fo re d iv id e n d s a re in crea sed . O f
th e lo a n $ 7 5 0 ,0 0 0 has b een p a id (In N ovem b er, 1 8 9 5 , d a y an d N o ­
v em b er, 189 6 ,) and the b a la n ce ($ 2 5 0 ,0 0 0 ) is p a y a b le M a y 1 ,1 8 9 7 ; see
V. 62, p . 907. A uditions a n d b etterm en ts ch arged to le ss o rs , a n d c o s t
m a d e p a r t o f Investm ent. B o n d s —Th e con solid a ted m o rtg a g e is f o r
$ 1 0 ,0 0 0 ,0 0 0 , o f w h ich $ 3 ,0 0 0 ,0 0 0 a re 7 p e r cen ts, cu rren oy ; th e p rin ci­
p a l o f the 6s is also p a y a b le in “ la w fu l m o n e y ,” bu t the in terest in gold .
A n n u a l R e p o r t .— E arn in gs f o r y ea rs e n d in g J u n e 3 0 :

Gross.

Net.

Charges.

S t o c k ,— P e n n . R R . C o . o w n s $ 9 ,6 5 3 ,8 0 0 o o m m o n a n d $ 1 0 ,9 0 6 ,1 0 6
p r e fe r r e d s to c k .

general mortgage fo r $ 2 0 ,0 0 0 ,0 0 0 fo u r p e r ce n t b on d s

has p rin c ip a l a n d in terest u n con d ition a lly gu a ra n teed b y th e P en n sy l­
v a n ia R R . b y en d orsem en t on ea ch bond. O f these b onds $ 1 2 ,2 0 2 0 0 0
(b e in g th e p rin cip a l an d 3 p e r c e n t a d d ition a l o f th e p rio r lien s n o t
d ivested ) are re s e rv e d to tak e up th e p rio r lien s as th ey m atu re, an d
8 1 ,0 0 0 ,0 0 0 w ere hold fo r th e fu tu re p u rp oses o f th e co m p a n y T h e
F id e lity T itle & T ru st Co. o f P ittsb u rg is th e m ortg a g e trustee. Curren t-lia bilities J u n e 3 0 ,1 8 9 6 , $56 L ,55 1 ; do a ssets, $ 2 4 9 ,2 0 5 .
E a r n in g s .—2 m onths, > 1 8 9 7 ............ G ross, $ 34 6 ,7 1 9 ; n e t, $ 11 9 ,2 3 9
Jan , 1 to F eb . 28.
> 1 8 9 6 ............ G ross, 3 6 0 ,5 3 9 ; n et, 106 ,95 1
A n n u a l R e p o r t .— F o r y e a r e n d in g D e c . 3 1 , 1 8 9 8 , g r o s s , $ 2 , 3 4 1 ,6 1 4 ;
n e t , $ 8 3 2 , 0 1 0 ; m 1 8 9 5 , g r o s s , $ 2 ,5 6 9 ,0 8 2 ; n e t , $ 9 9 9 ,4 2 8 ; in t e r e s t
$ 1 , 1 3 9 ,4 6 7 ; t u x e s , $ 4 7 , 7 7 7 ; b a la n c e , lie lic it, f o r y e a r , $ 1 8 7 8 1 6
In
1 8 9 4 , g r o s s , $ 2 ,1 7 6 ,7 0 8 .
(V . 6 2 , p . 7 7 6 , 7 7 7 j
f
’

A l l e n t o w n T e r m i n a l R R — O w ns 3 ig m iles o f ra ilroa d in A lle n to w n ?a ., co im e ctiiig the E ast P en n sy lv a n ia (P h ila d elp h ia & R eading)
w ith the C entral o f N ew Jersey. L ea sed fo r 999 years to P h ila d elp h ia Sc
R e a d in g and C entral o f N ew J ersey (b y a ssign m en t fro m L eh ig h C o a l&
N a viga tion Co.) a t in terest on b on d s a n d 5 p, c. on $ 4 5 0 ,0 0 0 stook (par
$ 5 0 ), b on d s bein g gu aran teed , p rin cip a l a n d in terest, b y P h ila d elp h ia &
R e a d in g (foreclosed ) a n d L eh igh Goal < N a viga tion . T he P h ila . &
&
R e a d in g Ry. Co, in 1 896 assum ed the R ea d in g ’ s share o f the old lease.
A n n A r b o r Ry.— o a d .—O w ns r o a d from T oled o, 0 ., n orth w este r­
R
l y to F ra n k fo r tto u L ake M iehivan , 295 m iles; op era tes c a r fe rrie s b e ­
tw e e n F ra n k ort, M id i., K ew a u n ee and M a iu tow oo, W is„ and M en o­
m in ee an d G lad stone, M ich , T he F lin t & F ere M a rq u ette uses She
T o le d o term in als a t an a nnu al ren ta l o f $ 2 6 ,0 0 0 .
*

T rn st^ v,
$ 7 ,0 0 0 ,0 0 0 n ew first m ortg a g e (trustee M etrop olita n
T n is t L o., N. A .) co v e r s en tire p ro p e rty , in clu d in g term in a ls and
fre ig h t b oats. T h e b o n d s d ra w im e r e st fr o in u a n . ,1 8 9 7 .
EA]iy p ilis :—J a n - 1 to I’ ch. 2 8, 2 m onths, in 1897, g ro ss $ 1 9 1 2 5 8 n e t, $u5,718 ; and m 1 896. gross. $17 4 ,1 5 5 . F isc a l v o a r e n d s l i ™ w i '
D u rin g 139 6 th e n et ea rn in g s w ere p u t in to th e p r o p e r ty C alen d a r
y e a r 1896, gross, $ 1 ,1 6 0 ,4 2 0 ; in 1 89 5 , $ ,
,
.y 1
J caL ondar
DIRECTORS— E le c te d S ep tem b er 1 8 9 6 : W . R. B urt, G. W . Q u in ta n !

1

1 106 235

?jf

K r
l

« ; «• M W a

$ 5 8 8 ,8 0 0
6 6 2 ,0 0 0
3 ,5 0 0 ,0 0 0
2 5 0 ,0 0 0
1 0 ,0 0 0 ,0 0 0
6 0 0 ,0 0 0
4 8 5 ,0 0 0
1 0 ,5 4 4 ,2 0 0
1 6 ,4 7 7 ,6 5 0
9 ,9 9 8 ,0 0 0
1 ,2 0 0 ,0 0 0
5 ,3 9 1 ,0 0 0
1 ,2 6 8 ,8 8 5
4 5 0 ,0 0 0
3 ,2 5 0 ,0 0 0
4 .0 0 0 .
7 .0 0 0 .
L in e .
3 5 8 ,0 0 0
2 4 0 ,0 0 0
1 3 3 ,0 0 0
1 ,0 0 0 ,0 0 0
2 4 4 ,0 0 0
4 ,0 7 0 ,0 0 0
5 4 2 ,0 0 0
1 0 2 ,0 0 0 ,0 0 0
1 1 9 ,6 5 7 ,3 0 0
1 ,5 0 0 ,0 0 0

5 g.
5 g.
7 in 1 89 7
6
eg &7
3 p e r an.
5 g.

A.
A.
J.
M.
A.
M.
F.

.
6 g. o r 7
5
4 g.
in e l. f l ,
4 g.

A. & 0.
J. & J.
M. & S.
0 7 1 ,4 0 0
J . A J.

000
0 0 0 4 g.
S ee t e x t
5
6 g.
4 g*
7
6
6
5
6

O. N , Y ., C en tra l T ru st Go.
O.
do
do
J. N .Y ..D el.& H u a .O a n .C o.
N.
do
do
& O.
do
do
T r o y , N . Y.
& N.
& A.
I n d e fa u lt.

&
&
&
&

A p r. 1, 1 9 2 1
A p r. 1, 1 9 2 1
J a n ., '9 7 , 3 ^
M a y, 1 8 9 7
A p r. 1 , 1 9 0 6
M a y , 1 89 7
In tnsta liin ’ ts.

P h il., Pa. E E . Co. A L on. A p ril 1 , 1 9 1 0
P itts b u rg , Pa.
J an . 1,’ 9 8, e t c .
P h ila d e lp h ia ,P a . R R .C o M eh. 1, 1 9 4 2
R e a d in g C o. m o rtg a g e o f 1 89 6 .
N ew Y o r k a n d P h ila . J u ly 1, 1 9 1 9
1 st co u p , due A p l. 1, '9 7

J u ly 1 , 1 9 9 5

J . & J.
B a ltim o re .
J. A J.
J , A J. N .Y . ,H .T d llm a d g e & Co.
j . & j . N. Y . , J . P . M o r g a n & C o.
F. & A,
Q . - F . A u g ., ’ 9 3 , c o u p , la s t pd.
Q . - F . A u g .,’ 9 3 , co u p , la s t pd.

J a n .2 ,’ 9 7 , l 1i %
J u ly 1 , 1 913
J u ly 1, 1 9 1 1
J a n ., 1995
A ug. 1, 1900
M a y 1 , 1 905
M a y 1 , 1 90 5

M. & S. N . Y ., 5 9 C e d a r S treet.

M oll. 1, 1 9 1 5

Q .-J .

A n n a p o l i s W a s h i n g t o n Ac B a l t i m o r e R R . —O w n s r o a d f r o m
A n n a p o lis t o A n n a p o lis J u n c tio n , 2 0 3 m iles. O rg a n iz e d in 1 8 8 6 . N o
o
b o n d s. D iv id e n d s : In 1 88 7 , 5 ; in 1 8 8 8 , 4 % ; in 1 8 8 9 , 4 ; in 1 8 9 0 ;
4 k t; in 1 8 9 1 , 5 % ; in 1 8 9 2 , 6 % ; in 1 8 9 3 ; 5*s p . o .; in 1 8 9 4 , J a n ., 3 p . e .,
in J u ly , 2 p ,
in O et. an e x t r a d iv . o f 1 -36 p . c .; in 1 8 9 5 . J ig p . e.; in
1 8 9 6 , 41* p e r ce n t; in 1 8 9 7 , J a n ., l ^ s p . e. E a r n i n g s . — F o r y e a r e n d ­
in g J u n e 3 0 ,1 8 9 6 , g r o s s , $ 5 9 ,8 4 6 ; n e t, $ 1 7 ,9 9 6 ; t a x e s , $ 1 ,8 7 7 ; d iv i­
d e n d s, $ 1 5 ,1 9 3 ; b a la n c e , su rp lu s, f o r y e a r, $ 9 2 6 . I n 1 8 9 4 -9 5 , g r o s s ,
$ 5 4 ,7 4 7 ; n e t, $ 1 6 ,6 1 2 .
A s l i e v l l l e Ac S p a r t a n b u r g R y . — (S ee Mar) o f S o u th ern M y. ) —
O w n s fro m S p a rta n b u rg J u n e ., 8. C ., t o A s h e v ille J u n c tio n , N. C „ 6 6
m ile s ; A ls t o n t o S p a rta n b u r g (fo r m e r ly S p a rt, TJn, & C o l .) , 6 8 m ile s .
T h e S o u th e rn R y . o w n s $ 1 ,0 4 7 ,9 0 0 o f t h e $ 1 ,0 5 0 ,0 0 0 s t o c k a n d
g u a r a n te e s th e S. U . & C. b o n d s , w h ic h c o v e r th e e n tire p r o p e r t y .
C e n tra l T ru st Co. M o r tg a g e T ru ste e .
See V . 6 3 , p . ?5o.
In y ea r
1 8 9 5 -9 6 .gross,.$ 3 7 2 ,8 8 1 ; n e t, $ 1 0 9 ,3 9 2 ; in te r e s t a n d t a x e s , $ 5 3 ,1 9 3 ;
b a la n c e , s u rp lu s, $ 5 6 ,1 9 9 ; ra te p e r t o n , 8 c e n ts .— (V . 6 3 , p . ?6o.)
A s h l a n d C o a l Ac I r o n R y . — R o a d .— A sh la n d t o S tr a ig h t G re e k
J u n c tio n , K y ., 2 2 m ile s m a in tra ck ; 8 m ile s o f s id in g s. E liz a b e t h ­
t o w n L e x in g to n & B ig S a n d y h a s tra ck a g e o v e r th is r o a d . C a p ita l
s to c k , $ 1 ,4 9 1 ,5 0 0 . F lo a tin g d e b t J u n e 3 0 , 1 8 9 5 , $ 1 3 5 ,5 4 8 . E a r n ­
in g s .—Y e a r e n d in g J u n e 3 0 ,1 8 9 6 , g r o ss , $ 1 2 6 ,8 1 1 ; n e t, $ 5 9 ,5 8 5 . I n
1 8 9 4 -9 5 , g ro ss, $ 1 0 4 ,1 0 6 ; n e t, $ 3 8 ,3 5 0 .
A t c h i s o n C o l o r a d o Ac P a c i f i c R R . —O w n s W a te rv ille , K a n ., t o

Hal., ear. L e n o ra , K a n ., 193 m ile s ; G re e n le a f, K a n ., t o W a sh in g to n , K a n . 7

1 8 9 5 -6 ...........................$ 4 ,2 1 2 ,7 6 2 $ 1 ,8 9 0 ,0 5 3 $ 1 ,1 8 5 ,0 3 9
$ 7 0 5 ,0 1 4
1 8 9 4 -5 ........................... 3 ,8 7 2 ,7 8 6
1 .5 9 1,34 8 1 ,0 8 4 ,9 6 2
5 0 6 ,3 8 6
- ( V . 62, p . 318 , 9 0 7 ; V . 6 3, p. 3 5 5 , 879.)
A l b a n y ,fe V e r m o n t R R . —O w ns ro a d fr o m A lb a n y t o W a te r­
fo r d J u n ction , V. Y „ 12 m iles, L eased to R en ssela er & S a r a to g a in
1 8 6 0 and now o p era ted b y D . & H. C an al Co. A n n u a l ren ta l, $ 2 0 ,0 0 0 .
A l l e g h e n y Ac K l n z n a R R . —B ra d fo rd t o C offee R u n , P a ., 14
m iles; G ilb ert. P a ,, t o R e d H ou se, N . Y „ 21 m iles ; b ra n ch es, 7 m iles.
R e ce iv e r is F W , K ru se, O lean, N. Y . F o re clo s u re d e cis io n has been
obtained, bu t sale is n o t e x p e c te d b e fo r e fa ll o f 1897.— (V. 61, p . 662.)
A l l e g h e n y V a l l e y R a i l w a y ,—O w ns fr o m P ittsb u rg t o O il City,
P a ., 132 m ile s ; R ed B an k, P a ., to D r iftw o o d , 110 m ; oth ers, 17 m iles.
O r g a n iz a t io n , <fco.— R eorga n iza tion M arch 1 ,1 8 9 2 , o f th e A lleg h e n y
v a lle y Railroad, sold in fo re clo s u re D ec. 1 5 ,1 8 9 1 . P l a n o f reorga n iza ­
tio n , e tc., w as in V. 53, p. 3 2 4 ,3 6 8 , 5 2 0 ; V, 5 4, p. 4 0 9 ,5 2 4 . R o a d c o n ­
t r o lle d b y th e P en n sy lv a n ia R R . Co. as m a jo rity stock h old er.

B o n d s —T h e

[V ol . LX IV.

X Lawrence!

m iles; D o w n s, K a n ,, t o A lt o n , K a n ., 24 m ile s ; Y u m a , K a n ., to W a rw ick ,
K a n ., 3 1 m ile s ; to ta l, 2 5 5 m iles. A n e x te n s io n o f th e C en tra l B r a n c h
U n io n P a cific R y ., w h ic h leased it in 1 8 7 9 fo r 2 5 y e a rs , a n d g u a r a n te e d
th e b on d s. O p e ra te d b y M o. P a cific. S t o c k , $ 1 ,5 2 2 ,4 0 0 (p a r $ 1 0 0 ), o f
w h ic h U. P . o w n s $ 9 2 0 ,3 0 0 . In te re s t N o v . 1 ,1 8 9 3 , u n p a id . E a r n in g s
in clu d e A . J . C. & W . C u rre n t lia b ilitie s J u n e 3 0 ,1 8 9 6 , $ 6 7 5 ,2 5 5 .
C o m m it t e e .— A . 0 . & P . a n d A . J , C. & W , b o n d h o ld e r s ’ c o m m it t e e
co n s is ts o f T . J e ffe rso n C o o lid g e , J r ., C h a irm a n ; O liv e r A m e s , E d w a r d
H . L a d d , J r ., J a m e s P . P o m e ro y , w ith T . K . C u m m in s, J r .. S e cre ta ry ,
R o o m 3 7 . A m e s B u ild in g , B o sto n ; d e p o s ita rie s , O ld C o lo n y T ru st C o.,
B o s t o n , an d U n io n T ru st C o., N. Y . a m a jo r ity o f b o n d s o f e a ch r o a d
h a s b e e n d e p o site d . V . 64, p » 5 1 6 , 6 6 3 . f o r e c l o s u r e in p ro g re s s .
E a r n in g s .—289 m ile s,
> 1 3 9 7 .............G r o ss , $ 7 2 ,6 5 3 ; n e t, $ 1 5 ,1 7 7
J an . 1 to F eb . 2 3 ,2 m o s. ( 1 8 9 6 ........... G ross, 4 8 ,2 0 9 ; d e f.,
. „l? - y e a r 18i >6’ § r0BS> $ 3 3 5 ,0 8 7 ; d e f. u n d e r o p e r a tin g , $ 2 1 ,3 7 3 . I n
1 8 9 5 , gr038, $ 2 7 6 ,7 0 3 ; d ef. u n d e r o p e ra tin g , $ 4 3 ,7 5 1 . V . 6 4, p . 5 1 6 , 6 6 3 .

4,439

A t c h i s o n J e w e l l C o u n t y <fc W e s t e r n R R . —Jamestown, K an .,
to B urr O ak, C a n ., 3 1 m . Cinder sa m e a u sp ices a n d c o n tr o l as A tc h is o n
C o lorad o & Pacific. S toek, $ 2 0 2 ,4 0 0 (p ar $ 1 0 0 ), o f w h ich U nion P aeifio
o w n s $ 1 0 5 ,0 0 0 . R ental, * 3 3 ,8 7 5 p e r an n u m . In te re s t d u e N ov. 1 ,1 8 9 3 ,
w a s n o t p aid . S ee “ C o m m itte e ” u n d e r A tc h is o n C o lo r a d o & P a cific
a b o v e . C u rren t lia b ilitie s J u n e 3 0 ,1 8 9 6 , $ 8 9 .8 2 0 .— V. 6 4, p . 5 1 6 , 6 6 3 ,
( T h e ) A t e l i l s o n T o p e k a & S a n t a F e R a i l w a y . — (S ee M a p )—
T h e s y s te m o w n e d an d o p e r a te d in J u ly , 1 8 9 6 , c o n ta in e d in th e
a g g re g a te 6 ,4 3 5 m ile s o f r a ilro a d , e m b r a c in g 4 ,5 2 8 m iles f r o m C h ica g o
to D e n v e r, D o m in g , N . M ., a n d E l P a s o , e t c .,'t o G a lv e s to n , T e x a s , (G u lf
C o lo ra d o & S an ta F e R y .), 1,053 m iles; 4 9 9 m ile s in C a lifo rn ia (the
S o u th e rn C a lifo rn ia R y .); in M a rch , 1 8 9 7 , th e W e ste rn D iv . o f A tla n t ic
& P a cific, 5t>5 m iles; th e M oja ve D iv . o f S o u th e rn P a cific, 2 4 2 m iles
(in e x c h a n g e f o r 3 5 0 m iles in A riz o n a a n d N e w M e x ic o ), a n d th e T e x a s
L o u is ia n a & E a s te rn R R ., 3 0 m ile s, w e r e p u ro h a se d , m a k in g t o ta l
A tc h is o n S y ste m 6 ,9 2 2 m ile s . (V . 6 4, p . 4 6 8 , 5 16.)
OR&A^rzA'rfON.-T’M s c o m p a n y w a s o rg a n iz e d o n D e e . 1 2, 1 895
u n d e r th e g e n e ra l la w s o f K a n sa s, b y th e p u rch a se rs a t fo r e c lo s u r e
th e p r o p e r t y a n d fr a n c h ise s o f th e A tc h is o n T o p e k a & S a n ta
????«“ J a c c o r d a n c e w ith a re o r g a n iz a tio n p l a n , d a te d M a rc h
1 4 ,1 8 9 5 , an d p u b l i s h e d ^ th e C h r o n i c l e V. 6 0 , p . 6 5 8 .
r a ilw a y c o m p a n y h o ld s th e t it le t o th e r a ilr o a d fr o m A tc h is o n
o n th e M isso u ri R iv e r to th e w e s te rn b o u n d a ry o f K a n s a s, 4 71 m iles,
a n d a lso all, o r n e a r ly all, th e b o n d s a n d s to c k o f t h e v a rio u s co m p a n ie s
in w h ic h th e t it le t o th e o th e r lin e s is v e s te d . A lis t o f s u ch h o ld in g s
is m th e g e n e ra l m o r tg a g e (in V . 6 2, p . 7 3 2 , 7 3 3 ), t h e b o n d s ow n ed
a g g re g a tin g o y e r $ 1 6 8 ,0 0 0 ,0 0 0 a n d th e s to c k s o v e r $ 1 0 0 ,0 0 0 ,0 0 0 at
K s n 0 S d e l u d i n g th e s to c k s o f th e A tla n tic & P a c ific R R ,, th e C o lo ra d o
M id la n d R y . a n d th e St. L ou is A S an F r a n c is c o R y .
I n A p r il, 1 896, a ll in te re s t in th e St. L o u is A S an F r a n c is c o w a s sold ,
th a t c o m p a n y b e in g th e re u p o n re o r g a n iz e d as an e n tir e ly in d ep en
d e n t p r o p e r t y . I n re tu rn th e A tc h is o n r e c e iv e d $ 1 ,9 7 1 ,5 5 0 in ca sh fo r
its $ 5 ,6 3 3 ,0 0 0 o f St. L o u is & San F r a n c is c o co n so ls.
I n M a rch , 1 8 9 7 , th e W estern D iv is io n o f th e A tla n tic A P a cific, 564
m ile s , w a s a cq u ire d ; a lso the M o ja v e D iv is io n o f S o u th e rn P a c ific , 242
m ile s (in e x c h a n g e f o r th e N e w M e x ic o A A r iz o n a R R . and S o n o ra B y .,
3 n ° m ile s —see V . 6 4, p . 6 0 9 ), an d th e T e x a s L o u . & E , 3 0 m iles. V.
6 4, p . 4 6 8 , 518 . See G e n e ra l F in a n ce s b e lo w a n d A . A P . statem en t.
S t o c k .—T he p r e fe r r e d s to c k h a s p re fe r e n c e as t o d iv id e n d s an d
•assets, a n a e n title s th e h o ld e rs t o n on -cu m u la tiv © d iv id e n d s a fte r
J uue 3 0 ,1 8 9 6 , n o t e x c e e d in g 5 p e r c e n t p e r a n n u m , as d e cla re d b y th e
b o a r d o f d ir e c to r s o u t o f n e t p ro fits. N o o th e r m o rtg a g e a n d n o
in crea se .m th e p re fe rr e d s to c k ca n b e m a d e w ith o u t th e c o n s e n t o f a
tio u or t h e St. L o u is & Sau F r a n c is c o , th e A tla n t ic & P a c ific an d th e
m a io n t y o f all th e p r e fe r r e d s to c k a n d o f a ll c o n m o n st o c h r e p re­
s e n te d a t a m e e tin g . T h e t o t a l a u th o rize d a m o u n t o f p r e fe r r e d s to c k is

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R oad . B ond s V alu e.
on first p a g e o f tables.

R ond *—P r in c i­
IN T E R E S T O R D IV ID E N D S .
p a l, W hen D u e .
A m ount
R a te p er W hen W here P a y a b le , a n d b y S tocks—L a st
O u tstan d in g
P a ya b le
W hom .
Cent.
D iv id e n d .

!
Atch, Topeka J Santa I'e R a ilw a y—( C on clu d ed )—
471
Guarantee fun d n otes, e x t ., reu .a t 100, g o ld .......
Old bonds n ot a ssenting to rco rg . o f 1 8 8 9 .. , *<fer
G eneral m ortg a g e o f 1895, .securing—
P rior lion bus., $ 1 7 ,0 0 0 ,0 0 0 , red, a t 103 , g.o*& r
G eneral m ortga ge b on d s, g o ld , see t e x t ......... . 6.435
A d ju stm en t incom es, lion-oum . till 1 9 0 0 . — . . . . . 6 .4 3 5
E qu ip. T r „ Ser. A ., g ., $ 2 5 0 ,0 0 0 d r. y ’ly a t p a r . . . c
A tlantic tf P acific MR.—
— ............... .........
1st guar, trust
$ 2 0 ,0 0 0 ,0 0 0 , g o l d .. . . . . . . . . . . * 692
560
West. D ivision 2d M, gu ar.,g, {s. f. d ra w n a t 1 0 5 ).e‘
Ino bond s, non-,m um W .S . ( $ l 8 , 7 5 0 p .m .) .. c - * r
<Jentral D iv,, 1st land g ra n t m o rt,, cu m u la tiv e .. o '
In co m e bonds, non-dtim. ($18 ,75 0 p e r m ile ). ,c*
269
Atlanta 3 ch a rlotte—S tock (gee t e x t ) ............................
jpret M. iold 7s e x t . in 1 8 9 7 ), see V. 64, p. 286.0* 265
1st M. [carries v o tin g p o w e r 10 v o t e s fo r e a . b o n d jr 2 6 5 ta
....
Incom e b onds (not cu m u la tiv e )............. , ..................
A tla nta K noxu. & N orth'n R y .—S tock $ 3,0 0 0 ,0 0 0
1st m ortga ge, $ 1,5 0 0 ,0 0 0 , g o l d .— ...................... ..

0

0

Atlanta <f IVssf P oint—S to c k .............................................
D ebenture certifica tes..................................... - ............
A tlantic Coast L in e Co.—S tock, $ 1 0 ,0 0 0 ,0 0 0 ...........
A tla n tica D an.—1st M „ $ 1 ,5 0 0 ,0 0 0 . g. red. a t par.,e
A tla n tic if X orth C arolina—1 st m o r tg a g e .................

86
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1895 1.000& 0
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1 89 2 5 0 0 &c.
1895
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1887
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1 887
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1 88 0
1871 500 &o.
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1882
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1 ,000
1 877
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1 877
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1 880
1896
1 ,0 0 0
1897
1,000
1896
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1,000
1 881
1,000
1889
100
1,000
1 895
1 887
1 .0 0 0

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J.
C o’ s o p tio n .
N. P h ila ,, R e a d . T er. B ld g . M a y 1, 1 91 9
0
B a ltim o re .
O ct. 1 0,’ 9 6 ,1 %
J N, Y .,M er.T r. ,& L on d on . J a n . 1, 1 9 5 0
J. B a lt.,N l.F ’rm ’ rs ’ & P .B k J u ly 1, 1 9 1 7

$ 1 3 1 ,4 8 6 ,0 00 . T o a cq u ire A . & F., W estern D iv is ion , $ 9 ,2 0 0 ,0 0 0 o t
S t a t u s in A p r i l , 1 8 9 7 .— T h e 1 s t m o rt, b o n d s o n b o th th e C e n tra l a n d
. - - ....... . 110 p referred stock w a s issued t o M a rch , 1896.
W e ste rn d iv is io n s a n d la n d g r a n t w e r e d e p o s ite d as s e c u r ity f o r th e first
The co m m on s to c k a u th orized is $ 1 0 2 ,0 0 0 ,0 0 0 .—V. 6 2, p . 784,
g u a r a n te e t r u s t m o r t g a g e 4 p e r c e n t b o n d s o f 1 8 8 7 , o f w h ic h $ 1 8 , 7 9 4 ,B o n d s .— The n o w G en era l M ortg a g e ( A b s t r a c t V . 6 2, p . 7 3 1 -7 3 9 ) is 0 0 0 w e re iss u e d . O w in g t o d e fa u lt, th is firs t g u a r a n te e t r u s t m o rtg a g e
m ade to th e U nion T ru st Co. o f N ew Y o rk as tru stee, a n d g iv e s a lie n , w a s fo r e c lo s e d , th e c o lla te r a l b e in g b o u g h t in b y th e B a n gs C o m m itte e
(re p re s e n tin g 96’ p e r c e n t o f t h e b o n d s, a d d re ss S ta te T ru st C o., N . Y )
eith er b y d ire ct m ortg a g e o r b y c o lla te r a l tru st, o n th e e n tire sy ste m
o f 6,435 m iles o f ra ilroa d , to g e th e r w ith all th e e q u ip m e n t a n d t e r ­ o n A p r il -22, 1 8 9 5 , f o r $ 1 ,9 0 0 ,0 0 0 . T h e $ 3 9 7 ,0 0 0 o f firs t g u a ra n te e
t ru s t 4 s n o t h e ld b y th e B a n g s C o m m itte e a re th e re fo re e n title d to
m inals o w n ed b y the co m p a n y , a n d fu tu re a cq u isitio n s , s u b je c t o n ly
to the $ 9 ,0 0 0 ,0 0 0 o f g u a ra n tee fu n d n otes s e cu re d b y m o r tg a g e o n t h e ir s h a re o f th is a m o u n t, n a m e ly $ 99 12 p e r b o n d , a n d t o n o t h in g m o re .
the lin e from A tc h iso n to th e w estern b o u n d a ry o f K a n sa s, a n d su b ­
Sale to A t c h i s o n — I n J a n u a ry , 1 89 7 , th e $ 1 6 ,0 0 0 ,0 0 0 W e ste rn D iv i­
je ct to iiens o n ce r ta in e q u ip m en t fo r a b o u t $ 1 ,5 0 0 ,0 0 0 , to $ 1 ,5 0 0 ,0 0 0 sion 1 st 6 s, p u r c h a s e d h y th e B a n g s C o m m itte e w e r e s o ld t o th e
o f C hicago & St. L ou is R R . Co. b on d s (secu red b y lie n o n a b ou t 60 A tc h is o n , th e h o ld e r o f e a ch $ 1 ,0 0 0 g u a r a n te e t r u s t 4 p e r c e n t b o n d
m ites in Illin ois), and the rem a in in g o u tsta n d in g b on d s o f ce r ta in c o n ­ d e p o site d r e c e iv in g $ 4 4 6 95 in A tc h is o n g e n e ra l m o rtg a g e 4s and
tro lle d com p a n ies, a m ou n tin g in th e a g g reg a te t o a b o u t $ 6 9 6 ,5 5 0 .
$ 4 8 9 5 0 in A tc h is o n p re fe r r e d s to c k . T h e W e ste rn D iv is io n m o rtg a g e
T h e tota l a m ou n t o f b o n d s secured b y the G eneral M o rtg a g e ca n is b e in g fo r e c lo s e d b y th e A tc h iso n .
J
n e v e r in th e a g g re g a te e x c e e d $ 1 6 o ,4 9 0 ,5 0 0 , In clu d in g b o th th e G e n ­
T h e c o m m itte e re ta in s th e $ 2 ,7 9 4 ,0 0 0 C e n tra l D iv is io n first m o r t g a g e
eral M o rtg ag e B onds an d th e $ 1 7 ,0 0 0 ,0 0 0 P r io r L ie n b on d s, o f w h ic h 6s o n the 112 m ile s t o S ap u lp a , an d a lso r e ta in o n e -s ix th o f th e e q u ip ­
th e la tte r are m erely a p re ca u tio n a ry e x p ed ien t. N o P rio r L ien b on d s m e n t in u se u p o n th e W e ste rn D iv is io n .—S ee V . 6 4 , p . 1 7 9 , 2 3 2 , 286 .
w ill b e issued a t p resen t, and n o n e la ter u n less circu m sta n ces req u ire.
In co m e B o n d s , W estern D iv .—J. S. B a o h e , H . W . D o d d , W . J . Q uinlan
J r., E d w in E in ste in and NT. W . J o r d a n : d e p o s ita rie s , M a n h attan T ru st,
issued
_
.
. ■ ____■
N. Y ., a n d A m e r ic a n L . & T. C o., B o s t o n . In A p r il, 1 8 9 7 , th is co m m it­
a. T o retire g u a ra n tee fu n d n otes an d c a r tru sts at n o t
e x ce e d in g $ 1 ,2 5 0 fo r ea ch $ 1 ,0 0 0 o f o ld b o n d s ........... 1 5,5 0 0 ,0 0 0 t e e r e p r e s e n te d a m a jo rity o f t h e in c o m e s h e ld b y t h e p u b lic , a n d w a s
h o p in g th a t th e A tc h is o n w o u ld r e c o g n i z e th e ir cla im t o s om e co n sid e r­
b. N on -a ssen tin g b onds fr o m reorg a n iz a tion o f 1 889
($ 1 ,5 60 ,9 5 0 sin ce re d u c e d to $ 6 9 6 ,5 5 0 )........................
1 ,5 0 0 ,0 0 0 a tio n —See V . 64, p . 3 2 8 , 516 .
Sto c k and B onds .—S to c k iss u e d , $ 7 9 ,7 6 0 ,3 0 0 ; th e A tc h is o n and
c. C h ica go & St. L ou is 1st m o rtg a g e 6 s.................................
1 ,5 0 0 ,0 0 0
th e St. L o u is & San F ra n c is co o w n $ 5 7 ,0 8 3 ,4 0 0 , $ 5 1 ,5 0 3 ,8 0 0 o l
F o r im p r o v ’ts, term in als, seeon d tra ck , eq u ip ’ t, e tc., u n d er
this b e in g o w n e d e q u a lly a n d d e p o s ite d in tru st.
ca re fu lly g u a rd ed restriction s a t n ot e x c e e d in g $3,0 00 ,T h e $ 5 ,5 0 0 ,0 0 0 2d m o rt. b o n d s,w e re n e a r ly a ll h e ld b y t h e g u a ra n to rs,
000 y e a rly , o f w h ich n o t o v e r $ 7 5 0 ,0 0 0 f o r e x te n s io n s .. 3 0 ,0 0 0 ,0 0 0
f A b s tra cts o f m o rtg a g e s in V . 4 9 , p . 302.1 D e fe r r e d lia b ilit ie s [d u e
F o r a cq u isition o f St. L ou is & San F ra n c is co , A tla n tic &
P a cific an d C olorad o M id lan d .................................................... 2 0 ,0 0 0 ,0 0 0 A tch . an d St. L . & S. F .l J u n e 3 0 , 1 8 9 5 , $ 1 7 ,6 5 3 ,7 7 0 , a cco u n ts
T he p r i o r lien bonds are t o b e issu ed o n ly in lieu o f g en era l m ortg a g e a n d b ills p a y a b le $ 1 ,7 0 9 ,7 3 3 ; in t,, e t c ., d u e a n d a c c r u e d , $ 1 ,8 1 7 ,3 2 3 .
b on d s, an d in ca se o t the issu e o f p r io r lien b on d s, $ 1 ,2 5 0 o f th e gen e ra l
P urchase fr o m S o . P a c .—I n 1 8 8 4 th e S o u th e rn P a c ific s o ld t h e 242
m o rtg a g e b on d s m ust b e r e s e rv e d fo r th e red em p tion o f ea ch $ 1 ,0 0 0 o f m iles o f r o a d f r o m M o ja v e to T he N e e d le s, t o th is c o m p a n y f o r $ 7 ,2 7 1 ,p rio r lien b on d s. A lso, o f the $ 1 7 ,0 0 0 ,0 0 0 a u th orized , $ 1 2 ,0 0 0 ,0 0 0 100 , p a y a b le t o A p r ., 1 9 0 5 , in A . & P . first m o rt. b o n d s, iss u e d o n s a id 2 4 2
can o n ly b e issued to r e p la ce a lik e a m ou n t o f e x is tin g p r io r s ecu ritie s; m iles to a m o u n t o f $ 6 ,0 5 9 ,2 5 0 , a n d $ 1 ,2 1 1 ,8 5 0 t o ca sh . U n til cle a r title
and $ 5 ,0 0 0 ,0 0 0 a re reserv ed f o r im p rov em en ts, a n d a re to h e u sed o n ly t °
Pie c e
r o a d b e g iv e n , t b e A tla n t ic A P a c ific t o b a v e p o sse ssio n
in ca se gen era l m ortg a g e b o n d s ca n n o t b e s o ld f o r 8 0 p e r cen t, a n a in and p a y s 6 p . ot. p e r a nnu m o n th e $ 7 ,2 7 1 ,1 0 0 . T h e sa m e n e g o tia tio n
n o e v e n t a fte r y e a r 1900.
g a v e a r ig h t t o ru n th ro u g h tra in s to S an F r a n c is c o o v e r t h e S ou th ern
T h e A d justm en t M ortgage ( A b s t r a c t V . 62, p . 7 3 9 ) Is to the C en tra l a n d C e n tra l P a ciflo lin e s e ith e r o n a m ile a g e b a sis o r a t 3 p e r ce n t per
T ru st C o. as tru stee. In terest is p a y a b le on ly ou t o f n et earnings a n n u m o n $ 4 0 ,0 0 0 p e r m ile . T his M o ja v e D iv is io n w a s a cq u ire d b y
an d is n on -cu m u la tiv e t ill J u ly 1, 1900, and cu m u la tive th erea fter. th e A tc h is o n f r o m th e S o u th e rn P a cific t o M a rch , 1 89 7 , in e x c h a n g e
Pre-sent Issue is lim ited to $ 5 1 ,7 2 8 ,0 0 0 , b u t w h en the $ 3 0 ,0 0 0 ,0 0 0 g e n ­ f o r ce r ta in o th e r lin e s (see V . 64, p . 6 0 9 ), th e rig h t t o r u n tra in s to San
eral 4s au th orized fo r im p rovem en ts as a b o v e h a v e b een issu ed (i e
F ra n o is co b e in g re ta in e d . S ee V . 6 4 , p . 179 , V . 3 9 , p . 2 0 8 ; V . 4 0 , p . 50.
n o t b e fo re J u n e 3 0 ,1 9 0 5 ), $ 2 0 ,0 0 0 ,0 0 0 a d d ition a l a d ju stm en t 4 s m a y
L and G ran t .—2 5 ,6 0 0 a cre s p e r m ile t o T e rrito rie s a n d 1 2 ,8 0 0
b e issu ed fo r the sam e puiqioses a t n o t e x ceed in g $ 2 ,0 0 0 ,0 0 0 in a n y one
a cre s t o S tates. O n th e W estern D iv is io n w e r e e a rn e d 2 0 ,2 9 5 ,2 9 6
y e a r, but, o n ly b y a m a jority v o t e o f tb e a d ju stm en t bondholders.
a cre s o f la n d , 5 ,3 3 3 ,5 0 5 o f w h ic h w e r e s o ld t o J u n e 3 0, 1 8 9 5 ,
G eneral F inances .—I n M arch, 1 8 9 7 , p u rch a sed th e A tla n tic & le a v in g 1 4 ,9 6 1 ,7 9 1 a cre s u n d is p o se d o f. M a p o f la n d g r a n t to V . 3 6, p.
P a cific, W estern d ivision , 5 6 4 m iles, the A tc h iso n issu in g th ere fo r 468 ; see a lso V , 64, p . 5 1 6 . I n 1 8 9 5 -6 la n d g r a n t a n d t a x e s e x c e e d e d
$ 8 ,4 0 0 ,0 0 0 gen era l m o rtg a g e 4s a n d *9 ,2 0 0 ,0 0 0 o f p referred s to c k
re c e ip ts b y $ 8 6 7 ; in 1 8 9 4 -5 r e c e ip ts e x c e e d e d e x p e n s e s b y $ 2 4 ,2 2 7 .
anil $ 5 3 0 ,0 0 0 in ca s h ; A tc h iso n also assum es the n et floa tin g d eb t o f
EARNtNGS.— 8 m o n th s , 1 1 8 9 6 -9 7 .. G ross, $ 2 ,2 2 7 ,7 7 5 ; n e t, $ 4 9 9 ,2 6 7
A . & P . receiv ers o f a b ou t $ 7 0 0 ,0 0 0 . A tc h iso n gen era l 4 s w ill b e is ­
J u ly 1 t o F e b . 28.
( 1 8 9 5 - 9 6 .. G ross, 2 ,3 7 1 ,3 5 8 ; n e t, 2 5 0 ,1 6 3
sued for th e cash p a y m e n t an d floatin g d eb t w hen deem ed a d visa b le
R en ew a ls and rep a irs o f A . & P „ it Is said, w ill c o s t a b ou t * 1 ,2 0 0 0 0 0 ‘
T he a b o v e e a rn in g s a re o n 8 31 m ile s, th e C e n tra l D iv is io n o f 112
Southern P a cific M o ja v e d ivision , 242 m iles, w a s t o [b e a cq u ired in m iles B ein g e x c lu d e d . O n sa m e m ile a g e t o y e a r 1 8 9 5 -9 6 g r o ss , $3,6 60 ,e x ch a n g e m 1 89 7 as a b o v e stated . (V. 6 4, p, 516 .)
1
^
0 7 6 ; net, $ 0 4 9 ,1 2 2 ; a n d t o 1 8 9 4 -9 5 g ro ss , $ 3 ,3 4 4 ,I I S ; n e t, $ 4 6 3 ,7 9 3 .
y e a r e n d in g J u n e 3 0 ,1 8 9 6 , s h o w s g r o ss o n 9 4 3 m iles,
L a t e s t E a r n i n g s .— 8 ) 1 8 9 6 - 7 .G r o s s , $ 2 0 ,6 1 7 ,2 0 8 ; n e t $ 5 9 1 3 363
$ 3 ,8 2 2 ,6 2 2 ; n e t $ 4 4 7 ,0 1 2 ; la n d d ep t, d e f. $ 8 6 7 ; r e n ta ls , e t c ., $ 3 6 8 ,1 1 1 ;
moB J u ly 1 to Feb. 2 8 . ) 189 5 -6 -G roa s, 2 0 ,1 0 2 ,9 7 8 ; l i t ,
D ed u ctin g ta x e s and ren ta ls, b a la n c e fo r in terest in 8 m onths b al., sur. f o r y e a r, $ 7 8 ,0 6 4 . (V , 6 4 , p . 3 2 8 , 4 6 1 , 5 1 6 , 5 6 6 , 6 0 9 , 663.)
18S6-97 was $ 4,6 43 ,1 8 1 , a ga in st $ 3,6 28 ,0 6 1 .
m on th s
A t l a n t a & C h a r l o t t e A i r L i n e t t y . —(S ee M ap S ou th ern P a ilSee sta tem en t as t o o o n d itio n o f p r o p e r ty in V . 6 4, p . 40.
w a y S ystem .) O w ns C h a rlotte, N, C „ to A tla n ta , G a ., 2 6 9 m iles.
R e p o r t . T h e first, r e p o r t , is s u e d in O c t o b e r , 1 8 9 6 , f o r s i x m o n t h s
L eased o n M a rch 2 6 ,1 8 8 1 , t o t h e R ic h m o n d & D a n v ille (n o w Southe n u m g J u u e 30, g i v e n in f u l l i n V . 6 3 , p . 7 9 1 , 7 9 6 , s h o w e d e a r n f f o s
6 ,4 3 5 rn ilos, a s f o l l o w s ; aeo a ls o e d i t o r ia l p a j e 7 7 4 .
u w u a e a m m ° s 0B e m R a ilw a y ) f o r 99 y e a rs , a t a re n ta l o f $ 4 6 6 ,5 0 0 p e r y e a r, e q u a l to tb e

11

mropoat A ) itailt- nn/l 7 1
T
1

SIX MONTHS ENDING JUNE 3 0 , 1 8 9 6 .
G ross.
N et.
O th er in c o m e .
C h a rg es
Pal
ftn r
$ 1 3 ,5 9 0 ,2 3 5
$ 3 ,3 8 2 ,8 0 6
$ 6 6 ,6 6 5
$ 3 ,3 0 ^ ,7 5 1
j n i ’l j l o
F o r t h e f is c a l y e a r s e n d i u g J u n e 3 0 r e s u lt s (o n 6 ,4 3 5 m ile s ) w e r e :
T ea rs en d in g J u n e 3 0 —
1896.
1895
1894
G ross e a r n i n g s .............................. $ 2 8 ,9 9 9 ,5 9 7 $ 2 8 ,5 3 2 ,9 8 3
$ 3 0 ,3 8 5 ,6 4 6
O p era tin g e x p e n s e s ..” " ! ! " . ] 2 2)P 7 lj27 5
2 2 ,3 1 7 ,3 5 5
2 2 ,5 5 7 ,3 5 9

Net, e a rn in g s ........................ $ 6 ,9 2 8 ,3 2 2
$ 6 ,2 1 5 ,6 2 8
$ 7,8 28 ,2 5 5
O f f ic e r s .—A ld a c e F . W alker, Chairm an o f th e B o a r d ; E , P . R in iev
P resid en t; P a u l M orton , Third V ice -P re s id e n t; V icto r M ors w e t ? r oh '
oral C o u n sel; E . W ild er, S ecreta ry an d T rea su rer.
’ ° m"
D irectors ,—E d w a rd J. B erw in d , R, S om ers H a ves Beniamin p
C heney, C yru s K . H o llid a y, Q. R ietnan D u val, V ic to r M oraw etz"
Thom as P. i« owlet*, G eorg e A. N ickerson, E d w a rd
G ib b s, Thom as a ’
R otoh,' !u !l a c e F w i l t o r

' ^

* ' Ell>ley- G c0rSa <*• H a v en , WilTiam

O f f ic e - 5 9 C edar S treet, N ew Y o rk . (V. 6 4, p . 516 , 609 , 663
A t l a n t i c A P a c i f i c I I R .-P .O X D -W e s t e r n d iv isio n from ’lalAi-r,
.N M , near A lb u q u erq u e, to Big C olorad o R iv e r 5 0 4 niiles (pm-chasml
.
by A tch ison to M a rch , 1897), and C ontra) D iv ision from Seneca Mn
to Sapnlpa, h id . T er., 112 m iles. See A toh lson T. & S. F e .
’ °”
R ECEivBttsiiir.—C harles W . S m ith le re c e iv e r. (V .
, p.
,
)

62

84 231

^

........

.

p e r ce n t. T h e o p e ra tin g c o n t r a c t o f 1881 (m ad e w ith R ic h m o n d A
D a n v ille) w a s a ssign e d to a n d a c c e p t e d h y th e S o u th e rn R a ilw a y Co,
E iRNiNGS.— C alen d a r y e a r 1 8 9 6 , g r o ss , $ 1 ,5 9 8 ,0 4 7 ; In 1 89 5 , gross

- fU ] ! ! Ds - B w , 1' li6n—F ro m 1 881 to 1 8 8 9 ,ta o lu 3 tv e , 5 p e r c e n t y e a rly
m 1 89 0 , 5 * } t o 1 89 1 , 6; m 1 89 2 , 6; in 1 8 9 3 , 6 p. c .; 1 8 9 4 , 6 p . c.; t o 1895,
t o 1 89 6 , 6 p . c.; i n l 8 9 7 ,M a r ., 3 p . e. P re s id e n t,C h a rle s S. F a irch ild , N e w Y o r k C ity.— (V. 6 0, p. 5 6 1 ; V . 6 2, p . 363 ; V . 6 4, p . 2 3 2 ,2 8 6 .)
A H a e l a K n o x v i l le & N o r t h e r n R y .-R o A D -O w n s fr o m R noxo ? le,’n T e n ? 'V 10 M a rietta , G a ,, 2 0 5 m il e s ; a n d M u rp h y t o B lu e R idge,
:i
2 o m ile s ; t o ta l o w n e d 2 3 0 m ile s ; tr a c k a g e , W e s te rn & A tla n tic R ail­
roa d , M a rietta , G a ., to A tla n ta , G a ., 2 0 m iles.
H K T ( « v ,—^ a r t m - e d J u u e 4 ,1 8 9 6 . A r e o r g a n iz a tio n p e r p la n in V .
§?>,£■
M a rie tta & N o rth G e o r g ia , fo r e c lo s e d N o v . 2 5 ,1 8 9 5 ,
O f th e $ 9 o 0 .0 0 0 p u rch a se m o n e y , $ 5 2 5 ,0 0 0 w a s p a id b y N o v . 1 ,1 8 9 6 ,
and u n d e r a g re e m e n t m a d e w ith th e C ou rt th e p u rch a se rs o b ta in e d
possessm n o f th e p r o p e r t y . T h e b a la n c e o f p u rc h a se p rice Is p a y ­
a ble m $ 1 0 0 ,0 0 0 in sta lm en ts, s ix ty d a y s a p a r t. (V . 6 3, p . 601 .) G ross
e a ru m g s y e a r 1 8 9 4 -9 5, $ 1 5 9 ,5 7 8 ,
v
M b H a rg, 4 0 W a ll S t., 8 , Y .; V tce -P re sid en t, E . C. S p a ld in g , A tla n ta ; S e cre ta ry and T re a su re r, H . W . O liver,
M a rietta G a,— V . 6 3, p , 3 0, 6 0 1 , 837,

RAILROAD STOCKS AND BONDS,

A pbil , 1897.]

II

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g i m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d i n t h e s e T a b l e s .
R A IL R O A D S .
o n flrst p a g e o l tables.
A tla n tic Tennessee <* Ohio—S e e S o u t h e r n H r.
A u gu sta <t Savannah—S to c k 5 i ren ta l C en tra l G a ..
A u g u s ta 8 « .— 1 st c o n so l. > l.,g o .,g u .,p .A i.,8 o .C * A u stin <t X orthuH Stem —1 s t m ort, g „ g a . p & J.
■'
‘ ' ■(.—S
A M Q em sea A lit. M orris Rh'.~ t o c k ............
c
Bald E agle Valley—1 st m o rt. ( s
, ---------- i -------Haiti more ,f A nnup. S.L. -A lnck ($ 5 0 0 ,9 0 0 is p fd ) -----

Bonds—P rin c i­
IN T E R E S T O S D IV ID E N D S .
M iles
D a te S ize, or
p al,W h en D u e.
A m ount
of
R a te per W hen W here P a y a b le , a n d b y Stocks—L a st
of
Par
|R oad , B on d s V alue. O u tsta n d in g
C ent. P a y a b le
W hom .
D iv id e n d . .

....

[
53
85
103

1 894
1891

..

90

1880

28
89

1 894
1 89 4

1 st m o r t (1 p e r c e n t a f t e r J a n . 1 , 1 8 0 7 ) g o l d ........

Baltimore Chesapeake t f A llan.—1st m o rt. gold. .0*

£& $100
$100
1 ,0 0 0
1 ,000
100
1 ,0 0 0
100
1 ,0 0 0

Baltimore <t Lehigh Bij.—.Mort., $250,000; no bonds

B a l t i m o r e A O h io— S to c k ......... ................................
1st an d 2 d p re f. s tock , cu m ., $ 3 ,0 0 0 .0 0 0 i* 1 st p ref
Bet-elvers- e«rt-.| V . 8 2 , p. 103 9 )
red. J u n o 1 ,’97
Do
(V . 03, p. 0 7 ) red . a fte r J u n e 1, ’ 0 7
Do
On P. A C ., rad . 1 y e a r fro m d a t e ..
D o : e a r fr o s ts B .A O. E q u ip . C o. M -,g.,gu .p .A l.c* . . . .
E q u ip , lea se war. A k . A G h g o . J c . (V-. 8-1, p. 3 2 8 ) ..
380
Umu i - Ui 1 - - f , i.
. la at w ill..........
380
Loan. 1 95 3 , e x te n d e d In 1 88 5 , g o ld .
422
, M ortgage 1 8 7 2 ,sink, fu n d £ 1 2 ,O O O se;........ _
Mortgage 1871, sink, fund £ 9 ,000 sem i-a n n u a lly . 4 22
B ond t o C ity B a ltim o re (p a y a b le $ 1 0 ,0 0 0 y e a rly ). 3 8 0
521
C oB solid & team ortgage (fo r 8 2 9 ,6 0 0 ,0 0 0 ) goliLe*
263
Loan. 1877 is. L lirto a t 1 0 0 M B .* O .A C b .b d s.col'D c
N. W . V irgin ia P.R. 1st M. (ex t. In 188 8 ) a a s w n .0 ) 104 >
B. A O. lo a n 1 879 (P a rk e rs b 'g B r. b on d s c o l i s t . ) )
108
Mort. o n P M la .B r,. w ith B alt. A*Phlla. b d s .a s c o U

.

1 896
1 39 6
1897
1896
1 897
1 85 3
1853
1872
1874
1 87 5
1 88 7
1 877
1855
1879
1 88 3

io o
100
i.OOO&o
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
5 0 0 &«.
£100
$200

............

1 ,0 0 0
£200
$ 1 ,0 0 0
1 ,0 0 0
£200

5 ,4 3 4 ,0 0 0 6 p e r an. M. & S. L o n d o n a n d P ortla n d .
1 ,0 2 2 ,9 0 0
5
4 0 0 ,0 0 0
5 g.
1 ,9 2 0 ,0 0 0
5 ?•
2 2 5 ,0 0 0
3 l2
3 3 2 ,0 0 0
6
9 0 0 ,0 0 0
.............
6 0 0 ,0 0 0
4 g.
1 ,2 5 0 ,0 0 0
8 0 ,0 0 0
5 K6
2 5 ,0 0 0 .0 0 0
5 ,0 0 0 ,0 0 0 6 t.er an.
5 .0 0 0 .0 0 0
6 g.
5
9 5 6 .0 0 0
6 5 0 .0 0 0
5
3 .4 0 0 ,0 0 0
f g’
4 6 2 ,6 0 0
3 6 1 ,5 0 0
4
1,7 0 9,50 0
4 g9 ,3 0 1 ,5 1 2
6 g9 ,6 3 4 ,5 0 4
6 g.
6
1 6 0 ,0 0 0
5 g.
1 1 ,9 8 3 ,0 0 0
6 ,6 9 0 ,0 4 8
140 0 00
6
3 ,0 0 0 ,0 0 0
6
4»s g.
1 1,6 1 6 ,0 0 0

J.
J.
J.
J.
F.

A
&
&
&
A

.....

M ar., 1 89 7

J.
S ava n n a h , Ga.
J l l. 1 5 ,’ 9 7 2 1 2 %
D.
N. Y „ l o B ro a d St.
D ec, 1, 1924
J. N . Y ., C ent. T ru s t Co. J u ly 1 , 1941
J. N e w Y o r k , E rie R R .
J m . 1, 1 897
A. P h fla .,F .ta s .T r,A S .D e p . J an . 1, 1910

J. & J.
J a n . 1 , 1 944
M . & R. N ew Y o r k ,2 9 W illia m St. S ept, 1 , 1 93 4
J.
J.
J.
J.
J.

&
&
&
&
&

J.
D.
i>.
J.
J

J a n ., '9 6 , d iv . la st p a id .
N. Y „ M e rc. T ru st Co,
B a lt., M a ry la n d T r. Co.
B a lt., T r u s t A Guar.
X . Y ., M ere. Tr. & Boat.

J.
A.
M.
JL
J.
F.
J.
J.
A.
A.

A
&
A
A
A
A
A
A
A
A

J.
0.
S.
X.
J.
A.
D,
J.
0.
0.

B alt. O f., C en tra l B ld g.
do
do
M u r.’ 97,cp.p< L w h enaue
L o n d .,J .S .M o rg a n A Co.
B a ltim o re , Office.
K . Y ., U n io n T ru st Co.
L on d on , J .S .M organA C o
B a ltim ore, B . A O. R R .
J. P. M organ.V C u.& B alt.
L o u d .,B r 'n ,8 h lp le y A C o

N o v . 15, 1894
J an . 2, 1 896
J u n e 1, 1 899
D e c . 1, 1899
J a n . 1, 1 90 0
J u ly 1 , ’ 98-99
8 1 1 ,5 6 5 q u a ’ly
A t w ill,
O ct. 1, 1 935
Moll. , 1 902
M ay, 1 91 0
J u ly , ‘ 9 7 -1 9 0 0
F eb. 1 , 1 988
J u n e 1, 1 92 7
M oh. 1, 1 902
A p r. 1, 1 919
A p r. 1 , 1 933

1

* G u aran teed , p rin c ip a l a n d In terest, b y th e re ­
ce iv e rs a n d the B .4 0 . R R . ; d u e J u ly 1 . 1 89 9 ,
su b je ct t o ca ll a t p a r J u ly 1, 1 899, e
1 8 9 9 .- Y . 6 2 , p. 9 4 9 ; V. 6 3, p 152.
A t l a n t a A W e s t P o i n t H U . —o w n s fro m A tla n ta , G a ., t o W est
Point, Ga , 8 6 % m iles. In A p r il, 1 8 3 1 , c o n t r o l w as a cq u ire d b y th e
C entral U R . o f G e o rg ia th ro u g h le a se o f th e G e o r g ia R a ilro a d , etc.
D i v i d e s d s b egu n in 1 855 w e r e to r m a n y y e a rs 8 p e r c e n t p e r a n n u m .
F rom J u ly 1 .1 8 8 4 , t o J a n ., 1 8 9 7 , In clu siv e, 0 p e r c e n t y e a r ly , J A J .
E tE K lx o s.—8 m on th s > 1 8 9 6 -7 .............G r o -% # 3 9 2 , -« 9 ; n et, 8 1 6 9 ,9 6 7
J u ly 1 to F eb . 2 8 . \ 1 8 9 5 -6 ............ G ross. 3 3 9 ,9 9 6 ; n et, 1 6 7 ,1 9 8
An n u a l K b p o s t .—F isc a l y e i r e n d s J u n e 3 0 . E arn in g s h a v e b e e n 1395-96, g ro ss, # 5 3 3 8 3 8 ; n et. .8 2 1 2 ,3 8 9 ; o t h e r In com e, .84 ,7 7 5; In ter­
est a n d ta x e s, # 9 1 ,3 3 1 ; d iv id en d *, # 7 3 ,9 3 2 ; b a la n c e , su rp lu s. $ 3 1 ,9 0 2 ;
1894-95, g r o ss , $47 -1 ,0 2 2; net, # 1 9 7 ,0 0 b .- V . 6 3, p. 1158; V . 6 4, p. 516,
A t l a n t i c C i t y B ) . - C a m d en t o A tla n tic C it y ,5 7 tn. (d o u b le t r a c k );
b ra n ch **, '33 ni. C on trolieii b y B ea d in g C o m p a n y , S t u c k , oou im on ,
# 1,2 00 ,0 0 0 ; p re ferred , # 1 .0 0 0 ,0 0 0 Ipar, # 5 0 ), o f w h ich # 1 ,1 9 5 ,0 0 0
co m m o n and # 9 9 8 ,5 5 0 p r e fe rr e d o w n e d b y B en d in g Co. a re t o tru st
under Its g e n e ra l m ortgage, o f 1890. B o n d s w ere g u a r a n te e d b y o ld
P h ila d elp h ia A R e a d in g , s in ce fo r e c lo s e d . S u rp lu s has b e e n e q u a l—
in 1891 t o a b o u t 3 p. o o n p re fe rr e d s t o c k ; to 1 8 9 2 a b o u t 7 -8 P- c ,; tn
1S93 a b ou t 3-3 p. e. In y e a r en d in g J u n e 3 0 ,1 8 9 6 , g ro ss $ 8 8 9 ,7 3 2 ;
a ct. # 2 5 0 ,8 4 6 ; ch a rg e s , # 1 6 6 ,4 0 2 ; b a la n ce, su rp lu s, # * 4 ,4 4 4 .
in
1894-05 g r o ss , # 8 4 2 ,3 6 1 ; n et. # 3 0 1 .8 7 9 .
A t l a n t i c C o a s t L i n e C o . - 1 ills c o m p a n y o w n t a m a jo rity o f the
T
ca p ita l s to c k a n d a la rg o a m ou n t o f th e b on d * in a series o f ra ilroa d
com p a n ies d e iio m toa te.l fo r co n v e n ie n c e th e A E (antic C o a s t L in o S y s ­
tem. T h e system in clu d e s a b o u t 1 ,5 5 2 m ile* a * fo llo w s . C on solid a tion
o f the B outii C a r o lin a ro a d * o f th e sy s te m is proposed. Y. 6 4 , p , 6 6 3 .
C om pany - t dec this V o.
Miles.
C om pany—
M iles.
Biehta. F red k b . A P o M t t M f . . 8 6 1 N o rfo lk A C a rolin a r ..................110
W ilm in g ton * W eld on f ...........-5 1 0 i N orth ea stern , .8. C - f . . . .......— .1 0 2

Wilmington Columbia A Aug.#242 j Petersburg *■...... ..........

61

C entral S outh C a rolin a V........... 4 0 i R ic h m o n d A P e te rs b u rg V ...... 2 8
C beraw A D a r lin g t o n .,............. 110 j O th er l i n e s .......... ................
50
F lo re n ce S
R
. 42 j
M a nchester A A u gu sta f ........... 171 i f S ee thle c o m p a n y .
S to ck .—St o c k a u th o ris e d b y la w $ 3 0 ,0 0 0 ,0 0 0 ; b y v o t e o f s t o c k h o ld ­
e rs , and p aid-u p, # 1 0 ,0 0 0 ,0 0 0 ; n o p re fe rr e d s to c k -amt no fu n d e d d eb t.
D ivtogX B *—T h e first d iv id e n d w a s 1 >* p . A d e cla re d p a y a b le O ct. 10,
1 8 9 5 ; to 1 890, A p r il, 1 % p, e.; O c t., 1% p . e,
G u a r a n t t .— The A . C. L. C o. gu a ra n te e * # 9 6 0 .0 0 0 M a n ch ester A
A u su sta first*, p . an d L—V. 6 1 , p 1 0 6 3 ; V. 6 4 , p . 2 3 2 , 063 .
A t l a n t i c A D a n v i l l e I * y ,—C o m p leted F eb ., 1 8 9 0 , W est N orfolk ,
to D a n v ille, V a,, 2 0 3 m ile*, th re e b ra n ch e s, 2 2 m iles, a n d J a m e s R iv e r
Junction to C la rem on t <3 fe e t g a u g e; 51 m iles; to ta l, 2 7 8 m iles.
B is t o r t .—Su c ce s s o r to the A M a itlo A D a n v ille R a il roa d , s o ld In
foreclosu re A p ril 3 , 1 8 9 4 , b o a d b o tiie r * p a y in g a n u M M t n e iit o f 2 5 p , c.
and re ce iv in g 2 5 p . o. t o n ew b on d s th erefor, s e c p la n V . 3 8 , p . 8 1 5
St o c k .—Co m m o n , f i , 5 0 0 ,0 0 0 ; non cu m . 5 p e r c e n t p re f. # 3 .2 0 0 ,0 0 0 .
Issued to J u n e 3 0 , 1 8 9 8 , co m m o n , # 2 ,1 8 0 ,9 0 0 ; p re fe rre d , f e , 0 9 9 ,2 0 0 .
B o n d s . —T h e first m o r tg a g e 1* fo r $ 1 ,5 0 0 ,0 0 0 a n d c o v e r s th e road a n d
e-iolpaicn t- T h e b o n d s a re s u b je c t t o ca ll a t p a r o n 6 m o n th s ' n otice;

they have full foreclosure right* after Jan. 1, 1899. Seo application

; fo r listin g o n N .Y , S tock E x ch a n g e t o V. 6 2 , p . 1 111 .

Co., New York, I* m ortgage trustee.

M erca n tile T ru st

L atkst K ahn ' s. —8 m o s „ 1 1 8 9 6 7 ........G ross, $ 3 5 4 ,8 9 3 ; n et, # 8 2 .9 8 2
J u ly 1 t o Feb. 2 8 .
$
____ G ross, 3 7 9 ,3 2 4 ; n et, 8 7 ,4 4 4
A n n u a l R e p o r t ,— Rc o o r t »ot ^
was to V . 6 4 , p, 8 1, s h o w in g
gross, # 5 6 9 .0 1 8 ; net, # 1 3 9 3 9 4 ; Interest, # 8 1 ,9 0 0 ; b a la n c e t o Im p rov e­
ment. a ccou n t, $ 7 7 ,9 9 4 . In 189-4-95. g r o ss , #.538.370; net, $ 1 0 2 ,9 4 7 .(V . 62, p, 1 3 6 , 8 0 7 ,1 0 9 6 , 1137, 1141; V . 6 3 , p. 8 3 7 , 0 8 7 ; V, 6 4, p . 8 1 .)
A t l a n t i c T e n n e s s e e A O h i o U K . —C harlotte. N. C „ t o S ta tes­
ville, N. C.. 4 4 m ile*. In 1 896 a b sorb ed b y S o u th e rn R ailw a y Co.
A u g u s t a A s a v a n n a h K i t e —O w n s from M ilton to A u g u sta ,,G «.
53 m iles. The sh a reh old er* In A u g u st, 1 8 9 5 , agreed t o a n o w lea se to
the Central o f G eorg ia , a t 5 p e r ce n t o n s lo c k , to p la c e o f 7 p. o.
E ar n in g s . —Fo r y e a r e n d in g J f c e 3 0 , 1 89 6 , g ross , # 1 9 0 ,6 0 8 ; net*88,818. In 1894-95, gross, # 1 6 0 ,0 8 7 ; net, 12,202.—(V .6 1 , p. 239.1
,
I t u g lis t a S o u t h e r n R I t , —O w n s from A u g u sta t o S a n d crsv llla ,
Ga , 8 0 m (standard g a u g e ), and SandersvtllK A Tm ioU le H R ., 4 m iles.
A reorga n ization p e rfe cte d in A p ril, 1 8 9 5 , o f th e A u g u s ta G ib s o n &
iandersvlU e. L ea sed In M a rch , 1 8 0 7 , In p e rp e tu ity to th e Sm ith C a r o ­
m s & G e o rg ia , w h ich gu a ra n tee* th e b on d p r in c ip a l a n d in terest, b y
endorsement. (Y . 8 4. p. 4 6 8 .) P i n t c o n s o l, m o rtg a g e tru stee is Oenral T rust C « „ N ew Y ork . C om m on s to ck , $ 4 0 0 ,0 0 0 ; p re fe rr e d , # 3 5 0 ,KK>| par, $100. T h ere w ere, O ct., 1 89 6 , c a r trust*. # 3 2 ,0 0 0 . F o r y e a r
895-90, gross, $ 7 9 ,3 5 8 ; net, $ 3 0 ,2 8 9 . - i V. 6 4 . p . 4 68.)
A u s t i n A N o r t h w e s t e r n R B . - O m s fro m A u s tin to L la n o,
-lexas, 99 t o .;b ra n ch , F a lria n d to M arble r a ils ,e t c ., 8 m ile s ;to ta l, 1 0 7
dies, ail stand ard gauge. S to c k a u th oriz ed a n d ou tsta n d in g f 1.016,9 ° ; p ar $ 1 0 0 , o f w h ich the S ou th ern P a ria e C om p a n y o w u s #1
00. T he land grant was 8 0 0 ,0 0 0 aeree. M o b t o a o b tru stee A tlantto
rust Go. T h e 5 per cen ts a re fo r $ 2 0 ,0 0 0 p e r m ile and h a ve p r in c ip a l
ad interest gu aran teed b y th e S ou th ern P a cific C om p a n y .
E arning *.—For y ea r en d in g J u n e 3 0 , 1896, g ross , $ 2 4 0 ,9 3 4 ; net,
78,-557, against $ 9 8 ,1 3 0 In 1 894.95 ; o th e r In com e, $ 9 ,3 5 6 ; Interest,
‘ res, etc., # 1 0 4 ,1 1 $ ; b a la n ce, d e ficit, # 1 6 ,2 0 5 .

1895-6
1 95-96

A v o n G e n e a e o A J i t . M o r r i s H R , —(S ee Map E r ie R if ,) —O w n s
fro m M t. M o rris to A v o n , N. Y ., 18 m iles. S u cce s s o r In 1 8 6 0 t o G en ­
e s e e B R . L ea sed t o E rie R R . a t re n ta l o f 2 % p e r ce n t on s to c k f o r 3
y e a rs fro m J an . 1 ,1 8 9 6 , 3 p e r c e n t f o r 1 y e a r m o re a n d 3 % p e r ce n t
i th e re a fte r.— (V, 62, p . 3 1 8 , 5S9.)

(

B a l d E a g l e V a l l e y H R . —O w n s from . V a il S ta tio n , P a ., t o L ookh a v e n , P a ., 51 m ile s ; b ra n ch e s to S ugar C am p, e t c ., 3 9 m iles.
L e a se d t o P e n n sy lv a n ia B it . C o. to r 0 9 y e a rs fro m D e c e m b e r 7 ,1 8 6 4 .
R e n ta l, 4 0 p e r ce n t o f g r o ss ea rn in g *. R en ta l y e a r e n d in g D e c . 31,
1896, $ 1 7 5 ,6 1 7 ; o th e r In co m e , # 9 ,4 0 1 ; In t., ta x e s , e t c ., $ 4 0 ,7 7 4 ; rilvi; d e a d s (1 0 p . C.), $ 1 4 0 ,8 2 5 ; b id., *ur. f o r y e a r, $ 3 ,6 1 9 . R e n ta l to 1 89 5 ,
$ 1 5 3 ,3 9 9 . S to c k a u th o rize d , $ 2 ,0 0 0 ,0 0 0 ; o u ts ta n d in g , $ 1 ,5 3 5 ,0 0 0 (p a r
$ 5 0 ), o f w h ich P e n n sy lv a n ia R R . J a n . 1 , 1 89 7 , o w n e d $ 7 0 6 ,2 5 0 . D iv i­
d en d * a re p a id F.& A .
B a l t i m o r e C h e s a p e a k e A A t l a n t i c B y , —O w n s C la ib o rn e to
Ooean C ity , M d,, 8 7 miles-, b ra n ch . 1 m ile; to ta l. 8 8 m iles; fr o m C la i­
b o rn e to B a ltim o re , 4 2 ndJc*, tra n s fe r la m ad e b y w ater.
H i s t o e y .—
A re o r g a n iz a tio n in 1894 o f the B a ltim o re & E a ste rn S h ore, w h ic h wag
so ld A u g, 2 0 . 1 80 4 ( V .5 0 , p. 3 7 1 ), th e M a ry la n d S te a m b o a t C o., E astern
: S h ore 8 . B. C o. an d C h o p ta n k 8. B. C o. F ifte e n b o a ts a re o w n e d .
Stocks a n d B o n o * .—P re fe rr e d Is $ 1 ,5 0 0 ,0 0 0 , e n title d t o 5 p e r c e n t
cu m u la tiv e d iv id e n d * ; co m m o n , $ 1 ,0 0 0 ,0 0 0 . A tla n t ic T ru st C o., ST. Y-,
la m o rtg a g e tru stee. P resid en t, J o h n E. S earles, N ew Y ork .
A n n u a l r e p o r t . —R e p o r t fo r y e a r e n d in g A u g u st 3 1 , 1 89 0 , wae
| g iv e n In V. 6 4 . p , 2S 4, s h o w in g gro ss, $ 4 9 7 ,7 0 8 ; n e t, $ 8 8 ,5 9 9 ;
ch arges, $ 6 2 , 5 0 0 ; b al., s u rp lu s, $ 2 6 ,0 9 9 . In 1 8 9 4 -9 5 g r o ss , # 5 1 4 ,1 0 8 ;
! n e t, # 1 2 9 ,8 0 6 ; Interest, e tc., $ 6 2 ,0 5 6 ; b a la n c e , su rp lu s, $ 6 7 ,7 5 0 .—(Y .
I 6 2, p . 2 7 4 : V. 6 4 , p . 2 8 4 . )
B a l t i m o r e A O h i o R R , —( A s V .ip ;.—R o a d .—O p era tes fro m B altt; m o re t o P h ila d e lp h ia an d B a ltim o re to C h ica g o , an d has, v ia th e B a lt i­
m ore A O h io 8. w „ a d ire ct ro u te to C in cin n a ti a n d St. L ou is, th e t o ta l
! m ilea ge le a se d , ow n e d an d o p e ra te d (e x c lu d in g th e B alt. A O hio S o u th ­
w estern) b e in g In J u ly , 1 8 9 6 , 2 ,0 9 5 m iles, o f w h leh 7 7 4 m ile s a re
i w est an d 1,321 m iles e a st o f th e O h io E lv e r. Thu • B lu e L ln u " (see
•
j C entral R R . o f N. J.) e n a b les It to rea ch N ew Y o rk , n e a r w h ic h , on
S taten Isla n d , it h a s fre ig h t te rm in a ls . Bee 8 . 1. R ap id T ra n sit.
A ls o o p e ra te * th e V alley R R . o f V irg in ia , 6 2 m iles, c o n tr o ls C le v e ­
la n d T erm in a l A V alley R y. and Is In terested to th e W est V a. A P itts ­
b u rg (see that e o .), B a ltim o re B e lt lin e (tu n n el lin e In B a ltim o re ) was
o p e n e d M ay 1, 1 80 5 . (V . 8 0 , p , 2 5 8 , 794 .)
U n rr o a r , L k a se s , A c . -C h a rtered in M a ry lan d F eb . 2 8 , 1 8 2 7 , an d In
V irginia M arch 8, 1827. F irst se ctio n o p e n e d M a y 24, 1330. T h e T e le ­
g ra p h C o’s, s to ck w a* so ld to W estern u n io n to r $ 5 ,0 0 0 ,0 0 0 W estern
U nion s to c k a t o a r a n d a re n ta l o f $ 6 0 ,0 0 0 p e r y e a r f o r fifty yea rs. O n
J u n e 3 0 ,1 8 9 6 , # 4 ,8 1 0 ,0 0 0 o f the W e ste rn U n ion s to c k w a s still o w n e d .
A o o u tra e t o r lease mail® with th e C h ic. A N, P a c. In D e o ., 1 8 9 1 , g iv e s
u s e o f term in als to C hicago.
In N o v e m b e r. 1 895, an im p o r ta n t ch a n g e to o k p la o e t o th e d ir e c t ­
o r y , ilie fo llo w in g re p re s e n ta tiv e * o f N e w Y o r k an d L o n d o n b a n k in g
h ou ses s u cce e d in g B a ltim o re m en. L o u is F itz g e ra ld , P re s id e n t M e r­
ca n tile T ru st C o., N. Y .; Etwtene D e la n o o f B ro w n B roth ers; W illia m A ,
R ead o f V ertnllye & C o „ and R o w la n d D a v is o f B la k e B o ls s e v a ln A
C o. o f I.on rin ii. S u b se q u e n tly M r. M a y o r r e s ig n o d fr o m th e P r e s id e n c y
- S c e V. 8 1 , p , 9 2 1 ,1 1 9 8 ,1 1 5 3 .
R ncB tV K K sn tr.—O n F e b ru a ry 2 9, 1 8 9 6 , th e P r e s id e n t, J o h n K .
C o w e n and V ice -P re sid e n t O sca r G . M u rra y w o re a p p o in te d re c e iv e rs .
- ( V . 6 2, p . 4 5 5 , 5 8 8 ,1 0 8 8 .)
ReoBOANtZATtoN.—T he c o m m itte e s a re na m ed b e lo w , b u t In A pril*
1 8 9 7 , re o rg a n iz a tio n m a tters w e re q u ie sce n t, p e n d in g a d e t e r ­
m in a tio n o f th e r o a d 's e a rn in g c a p a c ity u n d e r Im p ro ve d fa cilitie s,
the g r o s s e a rn in g s then a lre a d y s h o w in g la rge in cre a se . W ith the
p ro ce e d s o f r e c e iv e rs ' ce rtifica te s th e r o llin g s to c k h a s been In creased
a n d v a rlo u slm p r o v e m e n ts h a v e b e e n m ad e. E a r ly tn th e re c e iv e rs h ip
a n u m b e r o f Im p o rta n t loa n s laid th eir c o u p o n s In d e fa u lt (see a l is t o f
these in Sbpflkkknt o f J u ly , 1 898), b u t in J a n .. 1 89 7 , all the o v e r d u e
c o u p o n s , w ith the e x c e p tio n o f th o s e b e lo w m e n tio n e d , had b e e n paid.
,Veic Y ork R eorg a n isa tion C om m ittee.—iM nis F itzg e ra ld (C h a irm a n ),
E u gen e D ela n o, E d w a rd R. B acon , H o w la n d D a v is, w . A . B ead, A u gu st
B elm on t, H en ry B u d g e ; Seo’ y , H . 0 . D om in g .— (V . 6 z . p. 455, 7 7 7 .)
B a ltim o re R eo rg a n isa tio n C om m ittee.—R e p re se n ts all th e s e cu ritie s
o f the s y s te m : A le x a n d e r S haw , C h a irm a n ; C. M orton S tew a rt, Joh n
G ill, J . G . H a rv e y , T . E d w a rd H a m b le to n , J am es J,. M eL ano, J o h n M.
N elson , S e cre ta ry , B a ltim ore.— (V . 6 2, p. 5 4 7 , 777.)
T erm in a l B onds o f /•»)*.—S ee V. 8 2, p. 588.
Loan o f tBSj.—S p e y e r & C o., in N ew Y o rk , and S pey er B roth ers, to
L o n d o n , w ill r e c e iv e d ep osit*. (S ee sta te m e n t in V. 6 4 , p . 233 .)
C o u p o n P a t m e n t *.—C iu p o n s in d e fa u lt a re as f o l l o w s :
N e w .S o m .A S tra it* 5 s .M a y 1 ,1 8 9 6 I C ol. A Cln. M id. p re f.s tk .J u ly 1, '9 0
P itts. A W est. 2d M. 5 s.M a y 1 ,1 8 9 6
1 s t M ,4 k s s ...................... J u ly 1 ,-9 6
W ash.C. A P L L .l8 tM .6 s .J u n e 1, '9 6 |8an d .M an*.& N . l»tM .7 ». J an . 1. *97
VermISye A Co, p u rc h a se d A k ro n A C h ica go J et. co u p o n s N o v . 1 ,1 8 9 6 .
C a p i t a l S t o c k .— P re fe rre d s to c k ca rr ie s 6 p e r c e n t d iv id e n d s o n ly .
T h e J u ly , 1 89 6 , d iv id e n d o n p re fe rre d w a s n o t p a id . A s t o the Hen
o f the p re fe rr e d s to ck see V.
, p. 1 08 8 .— V . 8 3, p . 152 , 601.
i n 1891 co m m o n s to c k w a s In creased fr o m $ 1 4 ,7 9 2 ,5 6 8 t o $ 2 5 ,0 0 0 ,000 to p a y a 2 0 p e r ce n t s to c k d iv id e n d , $ 2 ,1 6 1 ,8 0 0 f o r p u rch a se o f
P ittsb u rg A W est. R R . s to c k a n d a b o u t $ 5 ,0 0 0 ,0 0 0 f o r Im p rovem en ts.

62

INVESTORS’ S UPRLEMEN T.

1 *2
siibucrlbom

l ^ol .

L X IV ,

will confer a ereal favor by giving Immediate notice of any error discovered In these Tables.

2tonr/s—P rinci­
INTEREST OR DIVIDENDS.
j )ato
or
HA JL K O A D S . --------------------.1
pal, When Due.
A m ount
When IW here Payable, and by Stocks—Last
F or explanation o f column headings, A c.,see notes1 o f
o f | Par
Outstanding1 Rate
Per cent. Payable
Whom.
Dividend.
on first page o f tables.
|Road. Bonds \ alue.
Ballimnrt.il Ohio—( Concluded)—
WasbC.A f\L.(Alex.Br.) 1st M.g.s.f.$3G,000p.an
Pltteb. A OoiineUnvIlle 1st m o rt..7 s......................
do Extended in 1896 in gold. V. 62, p. 1178.
B.A O. recclv ’s otto. on P. A C., red. In 1 year..
Consol. M.. g.. p.A i. guar. (h. f. £7,200 pe»* yr.>.
B. AO. loan,’ 85,g. (Pitts. A Conn.bda. as ool.).e 'A r

12
147
147
147

1st T erm inal m ortga ge, gold (see t e x t )...........o*

Eoulp. trust,8er. A ,($100,000 nd. yearly Apr. 1)
Do. do. 8er.B.,$200,00Oduey’rlyN ov. l.o*
Car rust (balance extended In 1897 for 3 years)
_ « |Bohuyl. R. East Bide HR. 1st M., g. (guar.)
X ? Balt. A N. Y. KR., 1st M., g old,gu ar. . . cat
2 — < Akron A Chic. Juno, lstm ., gold, int. gu.o*
©”
3

B a lt .B e lt.ls t M .fo r $ 6 ,0 0 0 ,0 0 0 ,g .,in t.g u .c '

->as [ i*d m ortgage, $2,500,000, g old ...............
B a ltim o r e X- Ohio S ou th w estern —Common stock
Preferred stock, 7 per cent, non -cum ulative.......
Cincinnati A Baltimore, 1st mortgage .................
B. A O . 8.W. /ift.,l«tM ., gold (guar. p. A i., end.).o*
Ohio A Miss., 1st oon. M., s. f. ($83,000 are 6s).o'
2d consol, mort. (sink, fund), no drawing---- o'
8prtng.I>lv.(8p.A I11.8.E.) 1st M.($3,000,000)o*
First general m ortgage...................................... e*
Equip. Trust, 3 series,drawn yearly at 1 0 0 ... c '
B. A O. 8. W. Jty., 1st eon. M.. g., gu. (end.).e*Ar
Income mort., A A B (A, $8,750,000)............cAr*
B. A O. 8. W. Term. Co. 1st M. gold, guar., pAi.e*
Marietta Ry. 1st M., g., $175,000, gu., p. A i. end.

11
5 *3
73
7

5
281
393
393
222
909
90!)

$1,000
J ,000
1,000
1,000
£200
$1,000
1,000
1,000
1,000

$540,000
6 g. J. & D Dec., ’ 95, coup, last pd.
1,464,000 < 7
J. A J. Jan. '97. coup, purcli’d.
2,536,000 1 4 g. j . & j . N. Y ., Vermil) e & Co.
See above.
J. A .).
5
6,648,224
6 g. J. A J. Lond’n.J.S.MorganACo.
10,000,000
5 g. F. A A. N. Y., Union Trust Co.
8,500,000
4 >2 g. J. & D. N. Y., Brown Bros.ACo.
300,000
A. A O. P liila., F in'ce Co. o f Pa.
5
800,000
5
M. A N. Phila., Fin’ce Co. o f Pa.
250,000
5
1,000
4,500,000
5 g. J. A D. Pliila., Solicitors’ Co.
1,000
350,000
5 g. M. A N j N.Y.,J. P.M.ACo.; ABalt.
1,000
1,500,000
5 g. M. A N. N ov.,’96,coups, purcli’d
1,000
6,000,000
5 g. M. A N. N Y ., Brow n B ros.A Co.
4*2 A. A 0 .
(?)
100 10,000.000
Owned by Balt. & Ohio.
100 20,000,000
1,000
1869
333.000
7
j . & j . N. Y ., Farmers’ L. A Tr.
1,000 10,667,000
do
do
1889
4*2 g. J. A J.
1,000 a 6 ,468,000
do
do
1868
6 & 7 J. A J.
1,000 1(2,952,000
do
do
7
A. A O.
1871
1,000 e 1.993,000
M. A N.
do
do
1874
7
1,000
<1328,000
do
d>
1883
5
J. & D.
Various N.Y.BaringMagounACo
19 L,000
'87-’91 1,000
6
New York.
1893 l.OOOAc 10,483,000
4*9 g. j . & j .
1,000
IS,750,000
5
See text.
1893
See text
1,000
1892
1,200,000
5 g. M. A N. N. Y ., Farm ers’ L. & Tr.
1,000
125,000
do
do
1896
4 g. M. A N.
1873
1868
1868
1897
1876
1885
1894
1889
1890
1887
1886
1889
1890
1890
1894

N o t e .— Besides amounts outstanding as above,
there are held under con. 4 Lj% M. o f a $145,000,
o f b $261,000, o f < $16,000. o f d $3,678,000.
■

.Tune 1, 1913
July 1, 1898
July 1, 1946
Jan. 1, 1900
Jan. 1, 1926
Feb. 1, 1925
June 1, 1934
Apr. 1, ’ 98-’99
Nv. 1.’ 98-1900
1900
Dec. 1, 1935
M ay 1, 1939
Nov. 1, 1930
Nov. 1, 1990
A pr. 1, 1944
Jan. 1, 1900
Jan. 1, 1990
Jan. 1, 1898
Apr. 1, 1911
Nov. 1, 1905
June 1, 1932
10 p. c. yearly.
July 1, 1993
July 1, 2043
May 1, 1942
N ov 1, 1996

1

D ividends sin o o ’ 8 5 .. 5 ’86. ’ 87. ’88-’ 90. ’91. ’ 92. ’93. ’ 94 None.
On com m on............. \ 8
4
None. 20stk 3% 5
4 ^ since.
R eceivers ’ Ob l i g a t i o n s Tn May, 1896, the issue o f $5,000,000
certificates was authorized for m aterial, supplies, etc., and fo r resto­
ration of rolling stock and equipment. See V. 62, p. 1039. On Nov
20, 1896, certificates for $956,000 were authorized to finish Balti­
m ore Belt KR. and install its electric plant, etc. They are a first lien
on all the assets o f the M aryland Construction Co., which built
the Balt. Belt KR. and also on the Camden Station improvements.
See V. 63, p. 987. On Nov. 27, 1896, an additional issue o f $650,000
certificates was authorized. T hey are prim arily an obligation o f the
receivers, an l also a first and preferred lien upon all interest o f the
B. A O. RR. Co. iii the property aud securities o f the Fittsburg & Connellsville, and secondly a lien upon the Pittsburg A Connellsville road
itself, subject to the firsts o f 1868 but ahead o f the consolidated m ort­
gage of 1876. V. 63, p. 1008; V. 64, p. 233. As to Akron & Chicago
Junction lease warrants for any deficiency to meet which the receivers
are liable, see V, 64, d. 328.
B o n d s .—The various loans o f the B. A O. System, including the
amount o f each outstanding, the road, etc., covered by the m ortgage,
and the earning power o f a number o f the lines, were given in an arti­
cle on page 3 o f the I n v e st o r s ’ S u p p l e m e n t for A pril, 1896. In addi­
tion to bonds given above as outstanding, the B. & O. sinking
funds held June 30,1895, consols o f 1887 to the amount o f $4,865,000
(interest on which is paid in consols themselves) and other first-class
interest-bearing bonds to amount o f $3,366,196. V .G l.p . 928.
The consolidated mort. o f 1887 a b s t r a c t V. 46, p. 804.
The terminal mortgage a b s t r a c t in V. 59, p. 71. 72.
Instalment o f $100,000 due April 1, 1896, on B. & O. Equip. Trust
loan was extended for one year. Car trusts o f 1887, balance o f $250,000, were extended in January, ^1897, for three y ja rs at 5 p. c. V 64,
p. 233.
G uaranties .—In addition to the bonds given in the table, the com
pany guarantees the following bonds. See statement for this co.
B. A O. South western 1st 4hjs. ft Columbus & Cin. Midland 4hjs. ft
do
do
1st consols.
do
do
3 p. c. on pref.
Cleve. Term. A Valley Ry.
U Monongahela River 5s.
ft
Staten Island R. T. 2d 5s.
If Pitts. Clev.A Tol., as to int. , Ist6s.il
Valley of Va.. $468,000 1st Gs. If West Va. A Pitts., as to int., 1st 5s.Tl
Win. A Potom ac. $147,250 let 6s.
G e n e r a l F in a n c e s , A c.—The floating debt o f March, 1896, was as
follow s: Bills payable aud claims audited to May 1, $3,632,741;
additional claims, about $500,000; pay rolls for February, $8 66,8 01;
total. $4,999,542 (of svhich $2,847,680 remained unpaid May 1) ; due
receivers for disbursements, $808,072; negotiable paper, including
endorsements, $9,500,000, for which arc pledged substantially all the
securities o f the com pany, estimated at $18,000,000. V. 62 p 1039*
V. 63, p .1 0 6 2.
Mr. Little reported the floating debt o f Nov. 30 ,189 5, as follow s •
Notes and loans secured by collateral, $3,744,674; unsecured debts
$8,629,256; total. $12,373,930. Offsets, excluding stocks and bonds’
$5,013,430; Imlanoet n et debt, $6,460,500. In addition there were
outstanding notes endorsed fo r other companies to a total o f $9 752 230. of which $1,950,000 for Baltimore B -lt R y., $2,048,000 for Pitts
A West, and $2,910,1.55 were equipment trusts secured by equipment
In June. 1896, w -ro issued $5,000,000 receivers’ certificates for the
payment o f floating indebtedness and for repairs o f cars aud locom o­
tives ($1,050,898); repairs o f roadway and track, etc. ($1,290 000)
(Jar frost certificates for $3,400,000 were also issued for purchase of
5.000 freight cars and 75 locom otives—v . 62. p. 948. In December
i 8? ? * o o 8° , erc
w
•
cortitlcates to com plete Baltimore
gelt RK., |Pto.. and $650,000 for im provements, etc., on Pittsburg A
Connellsville RR. V. 63, p. 967,1008.
The report o f expert accountant Little dated Ju ly 11, 1896 was
quoted in 1 63, p. .1009, 1062. It estimates that from 8ept. 30 ,188 8,
V.
to Nov. 30, 18^5, the com pany’s profits were overstated by $11 2 0 4 859 through a mistaken method o f accounting, but shows tin t never­
theless there was a protit over fixed charges, excluding dividends
amounting to $300,000 on 1st nn3 on
— 7,.i......ieuus,

A nnual R eport .—F iscal year ends June 30. Annual m eeting at
Baltimore on the third Monday o f November. R eport for 1895-9,
was given in full in V. 63, p. 921, 925. See also editorial, p. 901.
Year ending June 30—
1896.
1895.
1894.
.$23,944,782 $22,817,182 $22,502,662
. 17,583,420
15,801,043
15,560,689
$6,361,362
1,068,924

$7,016,139
1,627,595

$6,941,973
1,982,858

$7,430,286
99,926
7,202,854
Dlvid’ s on 1st and 2d p f. stock.
150,000
Dividends on com m ou stock fi.
Payments to retire bonds..........
694,835

$8,643,734
174,410
6,759,643
300,000

$8,924,831
205,001
6,522,581
300,000
11624,935
760,347

df.$717,329

$639,517

Add Incom e from other sourcesi
Net earnings Wash’u B ranch..

770,164

ITThe dividend charged to earnings was on ly that paid in May.
------------ 1896.------------ . ,-------------- 1895.---------Year end. June 3 0 —
Gross.
Net.
Gross.
Net.
Main Stem ,&o............... $11,249,986 $3,714,063 $10,806,337 $4,142,107
Parkersburg B ranch___
742,217
150,010
731,421
167,717
Washington Branch.......
623,406
99,926
624,812
174,410
Philadelphia D ivision ...
1,679,134 450,389 1,776,317
558,482
Pittsburg D ivision......... 3,105,872
782,494 3,015,727
921,141
Wheeling & Pitts, D iv ..
672,635 def. 1,216
633,775
81,161
Midland D ivision...........
376,559
97,723
399,910
98,004
Central Ohio D ivision ...
1,199,105 152,986 1,096,602
206 833
Lake Erie D ivision .........
845,680
149,572
714,171
108,487
Straitsville D ivision ----143,104
7,296
123,572 def.2,015
Ohioago D ivision............ 2,862,625
691,947 2,500,745
504,880
Akron D ivision..........
444,459
66,171
393,794
54,931

T otal...........................$23,944,782 $6,361,361 $22,817,183 $7,016,138
O fficers —President, John K. C ow en; Secretary, C. W. W oolford ;
Treasurer, W. H. Ijams. V. 63. p. 793, 879, 901, 9 2 1 ,9 2 2 , 9 2 5 , 967,
1008, 1011, 1040, 1092, 1114, 1135; V. 64, p. 40, 64, 82, 134, 180, 232,
328, 330, 422, 516, 566,663.
Baltimore Sc Ohio South western Ry.—( SeeMap o f Balt. < Ohio)
£
Road Owned—
Miles. Road Owned—
Miles
Cincinnati to East St. L o u is ....339 Blanchester to H illsb oro.......... 22
No. Vernon to Jefferson ville... 53 New A lbany & Eastern............. 8
Beardstown to Shaw neetow n.,228 Cincinnati & B ed ford.
..
11
Cincinnati to Belpre................... 193 Trackage in Cincinnati......
1
Marietta to Belpre...................... 11
___
Portsmouth to H am den............ 55
Total op era ted .!on e 30,1896.921
Second track, 15 m ile s; sidings, 280 m ile s; trackage, 1 mile.
H is t o r y , E tc .—This railway co. was a consolidation on Nov. 1,1893,
o f the B. & O. S. W. RR. and theO h io& M iss. p e r p l a n in V. 56, p. 504.
C a p i t a l St o c k .— Stock is $ 3 0 ,0 0 0 ,0 0 0 , o f which $ 2 0 ,0 0 0 ,0 0 0 is 7 p.
c. non-cum ulative preferred. The $ 1 0 ,0 0 0 ,0 0 0 com m on is held by the
B. & O. and carries control. A ll the stock has been issued, but to
A pril, 1 8 9 7 , only $ 1 9 ,5 0 7 ,6 0 0 preferred had been listed on the
New Y ork Stock E xchange.
B onds .— 4 bttlr o o t o f .first mortgage o f 1889 (guaranteed by B < O.)
. fc
was in V. 51, p. 245. Of the $37,500,000 first consols., also guaranteed
principal and int. by B. & 0 ., $11,000,000 are reserved to retire at ma­
turity the B. & O. S. W. firsts; $1,500,000 to retire a like am ount of
B, <- O. S. IT. Terminal, firsts ; $20,500,000 w ere to he issued in ex ­
£
change fo r Ohio & Mississippi bonds o f the several issues and the pre­
ferred Rtock; and $4,500,000 w ill be available for im proving the Ohio
& Mississippi and fo r other purposes. The total m ay he increased by
issue of fou r p er cent bonds for terminals, double tracks, equipment, etc.
The incom e mortgage. 5 per cent gold bonds ( Farmers’ Loan & T. Co.,
trustee) are non-cum ulative. Series A ($8,750,000) are p rior to B ($10,000,0001 for p. & i. In Jan., 1897, $8,9*1,000 series A had been listed
on N. Y. Stock E x ch a n g e; series B listed, $9,655,000.
Interest dividend o f 2 !i per cent was paid Nov. 1, 1895 on “ A”
incomes; this is the first paym ent since the consolidation.
Editorials in the C hronicle , however, on pages 1040 109^ and
It is proposed to extend O. & M. first consols fo r $6,468,000 due
1135 o f Volume 03, give reasons for believing that M r.'L ittle S s Jan, 1 ,1 8 9 8 , at 4 p er cent.—V. 64, p. 180.
much too drastic in big treatment, and that the real profits were
E arnings .—7 mos., >1896-7......gross, $3,612,531; net, $1,102-670
greater than he states.
1
the other hand, when considering the com
Ju ly 1 to Jan. 31.
(1 8 9 5 -6 ......gross, 3,940,612; net, 1,375,499
p u n y ’ s condition, it should be remembered, as stated i n V
p 901
G eneral F inances .—Though this com pany is controlled by the B. &
that when the receivers took possession much o f the equipment was
O., which w ent into receivers'^ hands Feb. 29, 1S96, the B. & O. 8. W
"L n e f tncreasui JJH43.211 rsfoo°rmnB 8 f<interestear ending JuneBelt was not affected by that receivership. V. 62, p. 455. In February,
v
183b,
($300,000 ?
for ?r .tlle - on Baltimore 30,
bonds) and that from May to December, 1896, worn issued in the 1896, $700,000 consol. 4 L s w ere issued fo r im provem ents, etc. In
aggregate $6,606,000 o f receivers’ certificates and $3,400,000 o f car March, 1897, arrangem ents w ere m ade to extend the O. & M. first con­
trust certificates, entailing an annual outlay for interest o f
non sols 6s and 7s, due Jan. 1 .1 8 9 8 , at 4 p, c., and a friendly suit was
partly however tn lion or Interest on floating debt.
$581,000, brought b y the B. & O. S. W. consol, m ortgage trustee to establish the
&
E <rntnob. 8 months, (1890-7 .Gross, $17,241 561 • net $3 <109 son right to extend these O. < M. bonds instead o f paying them off as p ro ­
vided in the
W.
ortgage.
July 1 to Feb. 28.
\ 1895-6.. Gross, 16.088,9531 net', 4 757 184 bills payableB. & O. S.,1 8 9con sol m$129,616. V. 64, p. 609. Loans and
June 3 0
6 , w ere
1.
w er net dim chiefly to Increase In maintenance o f way and main­
A nnual R epo r t .—'The fiscal year ends June 3 0 .f Report for 1895-6
tenance o f equipment.
3
main
was given at length in V. 63, p. 1006, 1020.

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INVESTOKS’

14

SUPPLEMENT

|VOL, IX IV .

.h m c u lx
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M A

OF TH E

BANCOR & AROOSTOOK
RAILROAD AND CONNECTIONS.

NAILBOAD

A p r il , 1897.]

STOCKS

AND -BONDS.

15

S u b s c r ib e r s w i l l c o n fe r a g r e a t f a v o r b y g i v i n g im m e d ia t e n o tic e o f a n y e r r o r d i s c o v e r e d In t h e s e T a b le s ,
R A IL R O A D S .
_________ — ------------------------------------------ Miles D a te
of
F o r e x p la n a tio n o f co lu m n h ea d in g s, t o . , s e e notea
of
R oa d . B on d s
o n first p a g e o f ta b les.
Balt. <* Potom ac— 1st 51. (tun.) g .,8 . f . l p . e . j i o t d r ’ n .e '
st M ., ro a d ,g u a r., g o ld , s .f . 1 p. e ., n o t d r a w n ..O '
C o n so lid a te d m ortg a g e fo r .$ 10,000,000, g o l d ..c "
B a n gor 4 d r .- 1 s t M .$S,3eO.OOOtfl0,OOO p .n U g .C ■
2 d m o rtg a g e , $ 1 ,0 5 0 ,0 0 0 (§ 5 ,0 0 0 a m ile), g old
B a n g .* P tsea ta,—P ref.M . G reen E x t.,'"a s s u m ed .”
B om la h eld b y C ity o f B a n g o r, $ 6 0 0 ,0 0 0 a re 6s.
B eth 4 H am m ondeport— 1st m o r tg a g e , g o l d .. . . . . . .
S econd m o rtg a g e , g o ld ................................... - .........—
Beech C reek—S tock (gu a ra n teed 4 p e r c e n t b y end.)
1st M -.g, g u a r. p .A U e n d .) ................................ ... .0 4 *
2 4 m . f o r $ 1 ,0 0 0 ,0 0 0 , g o ld , gu ar. p. A 1. (en d -).c A r
Q e a rf.B itn m . C oal 1st M .I n t.g u . b y B h . Cr., gold .o
B elU dreZ anesvilU it Gin. —P rio r lien m ort.,red .a t.105
1st M. ($ 2 6 2 ,0 0 0 re s e rv e d fo r p r io r Hen b o n d s ). .
B ell RB <t S lock Yard o f In d ia n a p o lis —S to c k .........
P re fe rre d s t o c k ................................................................
1st m ortga ge fo r $ ,
,
, c u r r e n c y .....................
B ell Ry. (Vhatt.) 1st M. (red. a ft J u ly 1 ,1 9 0 3 ) g o *
2 d tnort., In com e t o J u ly 1 ,1 9 0 3 ............................ .
B elo id en D el.- S t o c k $ ,
1st M „ sacra i n ’ 7 7 , g u a r............................ . . . . . . . . . . a
Cotts.m ort. i g u ar. b y U nited G o's A Pa. R R ., s .f..r
o f 1 8 7 5 .. . guar. b y U n ited C o ’* A: Pa. R R . , «. f . r
$ 1 ,0 0 0 ,0 0 0 > Issue $ 6 0 0 ,0 0 0 re d u c e d b y 9. f ........r
B enn in gton 4 R utland— 1st m o r t g a g e ...........................
B irm . S R ef.it T en n .IU e.~ S ee N on Til a its A l a b a m a .
Bloornb. 4 S ulk R R — 1st M ,, $ 6 0 0 ,0 0 0 (dr. at p a n e
Boston it A lb a n y —S to c k ($ 3 0 ,0 0 0 ,0 0 0 a u th o riz e d ). . j
B ond s (n o t m orns issu ed to S ta te tor its s t o c k — r
B on d s (not m o r tg a g e ' fo r $ 5 ,0 0 0 ,0 0 0 ............... . . . a
P ittsfield A N orth A d a m s (leased ) s t o c k .................>
W are R iv e r R R . s to c k . 7 p . o. ren ta l 9 9 9 y e a rs . ..I

1

1 00 000
0

10 0 0
0 ,0 0

l»a
90
92

1871

1871

B o,n _ _
d s—P rtn ol,
IN T E R E S T O R D IY E D E N H S.
_ S ize, o r
A m o u n t : -— - — — --------- ----- ----------------------------------------p al,W h en D n e .
Par
O u ts ta n d in g R a te per| W h e n ,W h ere p a y a b le , a n d b y Stocks—L a st
V alu e. ;
! cen t.
P a ya b le:
W h om .
D iv id e n d ,

$1,000
1,000

18S9
1,000
211 1 893
1,000
1S95
7 7 I 1 883 5 0 0 A c.
77
1869
1,000
10 1 88 9
1,000
10 1893
1,000
150
50
150
1,000
1 88 6
1,000
150 j 1 89 2
1891 100 A c.
i'02 ! 1 88 9
1,000
102 1890
1,000
50
50
1,000
1881
1895
25
2 5 I 1895
50
Si ! 1853 ; 1,000
6 7 : 1885 ! 1,000
6 7 '[ 188 7 ! 1,000
67 ; 1893 j 1,000
59 :I 137 7
1,000
30 1839
3 89
....
100
....
1882 | ..........
....
1 993
..........
19 1 . . . . !
100
49 i . . . . I
100

W ei
O ther
In terest,
B a la n ce,
T e a r en d .
d r o it
ea rn in g s ,
in com e, ta xes, etc.
su rp lu s.
J u n e SO. ea rn in g*.
$2,170,070
$9,598 $2,11.3.779
$63,889
1 8 9 6 ........ $ 6 ,1 3 8 ,3 9 5
2,305,931
2,2,30
2,090,125
212,058
1 8 9 5 ........ 0 ,3 2 3 ,0 8 6
2,290,195
4.818 2,016,583
284,430
3JM. . . . .
a jo
- , i,^ o v
1894 ........ 6 ,2 6 0 ,1 9 7
T h e ch arge* fo r 1894-9.3 In clu d e In terest o n d e b t, $ 1 ,7 6 1 ,4 8 8 ; taxes,
M M M m eoM , e to ., $ 2 7 4 ,6 3 9 ; ren ta l B . A O. S. W . T erm in a l C o., $ 6 0 ,0 0 0 .
— 7 ,6 2 , p . 412,1-35; V. 6 3 , p . 5 0 0 ,7 0 1 , 1 0 0 8 , 1 0 2 0 ; V. 6 4 , p . 1 8 0 ,6 0 9 .)
-0
B a l t i m o r e A P o t o m a c i t I t . —O w n - rrem B a ltim ore, M d ., t o
S outh E n d L in g B rid ge, V a,, a n d b ra n ch , 4 4 m .; a n d fro m B o w ie to
P o p e 's C reek, 4 9 m .; tota l, 9 3 m ile s —in clu d in g tu n n el In C ity o f B a lti­
m ore; leases b ra n ch 4 m .; to ta l 9 7 m iles. C on trolled b y P en n . R R . Co.
STOCK.—O c t., 1 89 5 , $ 4 ,9 1 4 ,2 5 0 (Par $ 5 0 ), o f w h ich P en n . R R . o w n *
$ 4 ,0 3 1 ,1 0 0 and N orthern C entral $ 6 2 2 ,8 5 0 . B o s d *.—C onaol* a re
reserv ed t o retire all th e p rio r b o n d s tut th ey m atu re. T h e first m o rt­
ga g e b on d * a re g u a ra n teed b y P e n n sy lv a n ia R R . a n d N orth ern C entral.
K a r s t o o * .- In y e a r e n d in g O ct. 3 1 ,1 8 9 0 , g r o w ea rn in g s, $ 1 ,8 8 2 ,9 8 1 ;
n e t, $ 5 3 5 ,9 0 4 ; I n te re s t o n b o n d s, $42o,O0t>, in te re s t o n *-<ju!Bm«nt,
ren tals, eta.. $ 1 1 9 ,4 7 9 ; b a la n c e , d e fic it t o r y e a r, $ 3 ,5 7 5 . In 1 8 9 4 -9 5 ,
gross, $ 1 ,9 7 4 ,6 7 1 ; n e t, $ 6 1 9 ,5 2 4 .
B a n g o r A A r o o s t o o k B R . - i K t J fap .) O w n s B re w n v U le to H ou l
ton . Me.. 9 4 m ile * ; H cm lton to C arib ou , 61 m ile*, w ith b ra n ch o f 13
m ile s ; b ra n ch . O ak!leId t o A sh la n d , 4 3 m ile s ; to ta l, 211 m iles. It
o p e ra te s u n d e r 9 9 9 -y e a r le a se (term * V . 5 6 , p . 2 0 4 ) ; th e B a n g o r A Pisea ta n u ls R R ., O ld to w n to G r e e n v ille (M ooa eh ea d L a k e), 77 m ., w ith Its
lea sed lin e to th e KlataUditj Iro n W ork*, 18 m ile s , a n d has assu m ed
B a n g o r A Pteoata^iua bond *. T o t a l operated-, 3 0 6 m ile*.
OBOANBATtoN.—O rga n ized F e b . 13,1-891. F rom M ou lton to C a rib oo
o p e n e d J a n . 1 ,1 8 9 5 ; fr o m O a k ficid t o A sh la n d J a n . 6 ,1 8 9 6 .
T h e ch a rg e * a n d ren ta l o f th e B a n g o r A P isc a ta q u is, lea sed fr o m C ity
a t B an gor, a re $ 8 3 ,0 3 0 p er an n u m . T h e S ta te o f M a in e refu n d * 9 5 p e r
ce n t o f all tax*'* le v ie d on: re a d a n d te a s e d lin es. In a d d itio n to the
p roceed * fro m b o n d * $ 3 ,5 0 0 p e r m ile, d e r iv e d p r in c ip a lly fr o m aitb*
Jeriptious to p referred s to c k , h a v e b een sp e u t o n co n s tru c tio n .
SBotjatTtK*.—C om m on , $ 1 ,0 5 0 ,0 0 0 ; 1 0 ,4 0 0 shares fu ll p aid and 100
• haw *, 6 p er re n t p a id ; p re fe rr e d , 5 p . ( , n o u -cu m .. $ i,lu O ,* f'(0 -- p a id
l a ,$ 1 ,0 5 0 ,4 0 7 ; p a r # 1 0 0 . F irst m o rtg a g e tru stee la G u a r a n ty Trtnst Co.
a t S . r . S econ d m o rtg a g e b o n d s f o r # 1 0 7 ,0 0 0 h a d b e e n s o l d i o J u n . ,
1897, and # 8 * 3 ,0 0 0 w e r e h eld » e co lla te r a l b y th e A r o o s to o k C o n - m i c ­

tion Co., making total outstanding #1 ,050 ,000 ; those held by the c o n ­
s tru ctio n C o. c a n o n ly b o s o ld t o p a y a n y e x c e s s o f c o s t o f re a d o v e r

first mortgage bond* and stock subscription*. Car trust o f 1897 cover*

598 c a r - ; tru stee Is G u a ra n ty T ru st C o ., N ew Y ork .
E a k k im j *.— Yea r 1 89 0 , g r » « » . * 7 1 9 ,7 1 3 ; n et, #279,9-44; s u rp lu s o v e r
Charge*, # t 7 .8 e « .
AKStsst, R evoK T —F o r y e a r e n d in g J u n e 3 0 ,1 8 9 6 , g r o ss , $ 6 9 9 ,0 0 2 ;
net, $ 2 5 6 ,4 8 0 ; re n ta l-, $ 8 3 ,9 5 0 ; t a x e s , $ 1 ,2 8 8 ; in te re s t, # 1 5 0 ,5 1 8 ;
bala n ce, su rp lu s. * 2 0 ,7 8 9 . A sta te m e n t tor y e a r e n d in g D ec. 3 1, 1895,
-was to V, 6 2 , p. 4 5 4 , T h e a c tu a l su rp lu s fo r t h e y e a r 1 89 5 w a s *
,
.
G ross ea rn in g s w e r e $ 7 2 1 ,8 2 2 ; net, $ 2 3 9 ,2 0 0 ; fix ed ch a rg e s , $ 21 9 ,9 7 1 ;

17 710

balance, surplus, $19,229.—V. 62, p. 4 4 4 ; V. 63, p. 153.
B a t h A M a m m o n d s p o r t K i t . —O w n s roa d fr o m B a t h .X . Y*., to

Hammoud-p-jrt, N. Y ., 10 miles. Chartered In 1872. 8TOCK, $100,000;
par, $ 10 0 . e a k x w o a —Fo r y e a r e n d in g J u n e 3 0 , 1 890, g ross. # 3 5 ,2 9 8 ;
net, $ 1 5 ,6 5 5 ; I n t e r e e t ,e t o .,# 15,4 49 ; b a l»,sa r, rot y e a r, # 1 0 6 . I n 1 8 9 4 5 ,
gross. $ 3 4 ,8 0 9 ; n et, # 1 7 ,3 8 1 ; o t h e r In co m e , $42*2; ch a rges, $ 1 6 ,4 8 9 .
B e e c t t C r e e k B B . - Y A f M a p a d jo in in g W. f , € en tra l,/ —ROhi>—
J e r* e y 8 h o r e ,P a .,to M * b a ire y ,1 1 3 ui; b ra n ch es, to P h lllp sb u rg , to m ines,
A c.. 37 m iles; tota l, 150 m ile*; tra ck a ge to W illia m sp ort, 16 m iles, and
to P a tton , e tc., 2 0 m .; to ta l o p e ra te d , 192 tulles. E x ten s ion a b ou t 100
mile* *outhw • -it to P itt-. M c K e e s p o r t A Y o u g h . R R . Is p ro p o s e d , o f
w h ich 18 m ile* w ere a b o u t c o m p le te d in J a n u a ry , 1 8 9 7 .
U U B , A o .— F rom O c to b e r 1, 1 89 0 , lea sed t o th e X . Y . C en tra l A
H ud son R iv e r R R . f o r 9 9 9 y e a r * a t In terest on b on d * a n d 4 p e r ce n t
or. stock. C arries m o stly c o a l anil co k e ; In 189 5 -9 6, 3 ,2 0 1 ,0 5 9 ton* o u t
o f 3 ,3 9 9 ,8 9 1 total ton * m ov ed ; in 1891-95, ooa l a n d co k e , 2 ,9 6 8 ,0 0 4
ton *. T h e o p era tin g e x p e n se * a re re la tiv e ly tow s in ce th e train s ca rry
e xceed !u g ly h ea v y toads o f fre ig h t, th e a v e ra g e p e r tra in In 1895-96
toeing 5 9 J ton* ; In 1 8 9 4 -9 5 ,5 7 5 ton *. A v e r a g e ra te p e r t o n p e r m ile
0-38C. In b oth 1805-96 and 1891-95.

Stock and Bond *. -T h e bonds aro endorsed with the .New York
Central's guaranty o f prin cip al and Interest- See V. 52, p. SvO. in
Jons. 1892, stockholders authorixed th e Issue o f # 1 .0 0 0 .0 0 0 new secon d
mortgage 5 per cen t bonds and *1,000,000 new stock, b oth guaranteed
by the N ew Y ork Central. These "eeuritie*- w ill be issued from time to
tune to pay for extensions o f the road th rou gh C learfield In a sou th ­
w esterly direction about 70 mile*, reaching undeveloped 00*1 fields.
In Jane, 1890, #300,000 o f these 5 per cent* and $500,000 o f stock
cad b.-m issued to p a y for extensions, etc, Eqttl|>meiit tru sts (5 p er
canto) June 30,1896. #148,000, interest payable at Knickerbocker trust
Co,. X. Y.; aloe $468,000 o f 1 % per neot* o f 1893, The Clearfield Bitu­
m inous Coal Corporation ha* ca p ita l s t o c k ,$ 8 2 5 ,0 0 0 an d b on d s authort a d , $ 8 2 3 ,0 0 0 ; retired b y sin k in g fo n d to J u n e -so, 1 8 9 5 , # 2 1 ,9 0 0 ,
iJm tW N D W -O n p re fe rr e d , 1 886 t o 1838 in clu s iv e , 5 p. o, p e r annum ;
In 1889, 2% : in J an u a ry , 1890, 5 p . o ; In 1 89 1 s to c k all matte coin m ou ,
and dividends o f 4 per ce n t g u a ra n teed , d ee g u a ra n ty Y . 5 2 , p. 570 .
Awstr.tT, R k v o r t .— Fiscal y ea r en d s J u n e 3 0 , R e p o r t fo r 1895*98 w a s

J. A J. B a lt, O ffice an d L o n d o n ,
do
do
A . & O.
J . & J.
do
C a lv ert St.
J. A J. :2f. Y ., G uar. T ru st Co.
J. A J. N Y Y .U .S .M tg e . A T . Co.
A. A 0 . B o sto n , M eroL N at. Bit.
B a n g o r, M e.
A . & O.
N e w Y o rk C ity,
J. & D.
do
do
A. & 0.
Q . - J . N, Y ., G ran d C ent. Sta.
J . & J.
do
do
do
do
J. &
ST. Y . , K n ic k e rb T T ru st,
J. A
J u ly ,’ 9-4, co u p .la s tp a ld .
J. A
J. A
J. & J. In d ia n a p o lis , Go. office ,
do
do
Q.—J.
6
5L & N. P h ila ., W . H , N cw b o ld s.
1,000,000
2 7 5 .0 0 0 3 to 4 to 5 J. A J. B a lt., M ere. T r. A D ep .
4
2-1,000
] ......
1 .2 5 3.00 0
J . A D. P h ila d e lp h ia , P a . R R .
6
1,000,000
do
do
4
M. A 8.
5 0 0 .0 0 0
do
do
F . & A.
4
7 1 9 .0 0 0
do
do
J. A J.
4
5 2 6 .0 0 0
|M. A N. SLY., U n io n T ru s t Co.
7
4 7 5 .0 0 0

6 g.
$ 1 ,5 0 0 ,0 0 0
3 .0 0 0 .
0 0 0 6 g.
3 .0 0 0 .
000
3 .3 6 0 .0 0 0
II:
gg.
S ee te x t.
3 0 0 .0 0 0
6 * 7
9 2 5 .0 0 0
100.000
5 g.
o g.
200,000
5 .5 0 0 .0 0 0 1 p e r an.
5 .0 0 0 .
0 0 0 4 g.
5 0 0 .0 0 0
5 g.
8 0 3 ,1 0 0
i g2 1 6 .0 0 0
4
1 .2 3 8 .0 0 0
1.000.0’ 0 T e x t .
6
5 0 0 .0 0 0

5
5 9 9 .0 0 0
2 5 ,0 0 0 ,0 0 0 8 p e r an.
3 .8 3 8 .0 0 0
0
3 .6 2 7 .0 0 0
1
2 5 0 .0 0 0 5 p e r an.
7 5 0 .0 0 0 7 p e r an.

J u ly 1, 1 9 1 1
A p r. 1 , 1 91 1
J u ly 1 , 1 92 9
J an . 1, 1 94 3
J u ly 1, 1 9 4 5
A p r. 2 , 1 913
A p r. 1, 1 89 9
J u n e 1, 1 9 1 9
A p r . l , 1 92 3
A p r ., 1 8 9 7 ,1 %
J u ly 1 , 1 9 3 6
J u ly 1, 1 9 3 6
J a n . 1, 1 9 4 0
J u ly 1, 1 89 9
J an . 1, 1 940

(D

A p r ., ’ 9 7 , H a
A p r. 3 0, 1 91 1
J u ly 1, 1 945
1 90 3 -1 94 5
J u n e 1,
S ept, 1 ,
F eb . 1,
J a n . 1,
N o v . 1,

1 90 2
1925
1927
1933
1 897

See te x t,
Jan . 1, 1 9 2 0
J. A J.
Q . - M . B o sto n ,O f. E n e e la n d St. M ar. 3 1 ,’ 9 7 ,2 %
do
do
A p r. 1, 1 90 2
A . A O.
A. & O.
do
do
O ct. 1, 1 91 3
do
do
J . A J.
J a n .1,’ 9 7 ,2 % %
J. A J.
do
do
J a n .6,*97,3 is%

In V. 6 3 , p. 7 5 3 . s h o w in g g r o ss # 1 ,3 7 5 ,9 3 9 ; n e t, $ 7 1 8 ,3 5 0 ; c h a r g e s .
# 3 6 7 ,4 7 3 ; d iv id e n d s, * 2 2 0 ,0 0 0 ; b a l., su rp lu s, $ 1 3 0 ,8 7 7 . I n 1 8 9 4 -9 5 ,
g ro ss , * 1 ,2 7 3 ,7 2 5 ; n e t, $ 5 7 8 ,9 3 4 .— (V . 6 1, p . 7 9 2 ; Y . 6 3, p. 7 5 3 . )
B e l l a l r e Z a n e t r i l k A C i n c i n n a t i K y . - ~ O w ns B e lla lre , 0 ., t o
W ilhelm S ta tio n , O ., 1 0 2 m iles, th re e to o t g a u g e ; M u skingum C o u n ty
R ailro a d , W ilh elm t o M ill R a il, 9 m iles; tra ck a g e B .A O . R R .,M ill R u n t o
Z a n esville, 1 m ile ; to ta l o p e ra te d , 112 m iles. A c o n s o lid a tio n In 1 8 8 2
a n d re o rg a n iz e d In 1889.
R e c e iv e r s h ip .— I n J u n e , 1 8 9 5 , G e n e ra l
M a n a g e r J. K . G e d d cs was m a d e re ce iv e r, In terest d o e J a n . 1 ,1 8 9 5 ,
o n th « p rio r lie n b o n d * b e in g In d e fa u lt.
F o r e c lo s u r e s u it has
b een b rou g h t. V. 6 1 , p . 2 3 9 . S tock is: C o m tn o n ,$ 8 3 2 ,0 0 0 ; p r e fe r r e d ,
$ 7 0 5 ,9 1 0 ; p a r # 5 0 . On J u n e 3 0 ,1 8 9 5 , fu n d e d d e b t w as $ 1 ,4 5 4 ,0 0 0 ;
o th e r in d eb ted n ess, $ 3 2 ,4 6 8 . In y e a r e n d in g J u n e 3 0 , 1 89 5 , g r o s s ,
* 9 4 ,2 2 3 ; n e t ,* 1 ,0 0 0 . l a 1S9 3 -0 4 gro ss, $ 9 7 ,0 4 4 .— (V , 6 1 , p. 2 6 , 2 3 9 .)
B e l ; t t a l l r o a d A S t o c k Y a r d o f I n d i a n a p o l i s . —O w n s 1 4
uxUea o f b e lt roa d , e tc,, at In d ia n a p o lis. L e a se d f o r 9 9 9 y e a r s t o I n ­
d ia n a p o lis U n io n —w h ich see. Stock, is : C o m m o n , $ 1 ,0 0 0 ,0 0 0 ; p r e ­
fe rre d 6 p e r ce n t (14) p er c e n t Q»—J .) , $ 5 0 0 ,0 0 0 ; p a r , $50 .
D n r n ie x r a —S in ce 1 8 9 4 : O n p r e fe r r e d in fu ll. O n com m on , In 1 8 9 5
J a n ., 3 p . o.; J u ly , 2 p. c .; In 1896, J a n ., 2 p. o.; J u ly , 2 'a p. o. In 189 2
the co m p a n y Stated that t h e - ‘ co m m o n s to c k had n o t p a id less t h a n
3 p. c. sem i-a n n u ally (J. A J .) an d a t tim es m o re to r p a s t fifte e n y e a r s .”
T h e $ 5 0 0 ,0 0 0 6* o f 1 8 7 6 d u e D eo. 1 ,1 3 9 0 , h a v e b e e n p a id , le a v in g th e
Os o f 1831 a first lien. P re s id e n t (M a rch , 1 8 9 7 ), A . W . M ln sh a ll o f
T e rr e H aute, IncL—V . 6 3, p . 153.
B e l t I t n l l w H y ( o f O l i s i t a u o o g n , T e n i i , ) . —O w n s 2 5 m ile s o f
b elt ra ilro a d lu C h a tta n o o g a , T e n o ., c o n n e c t in g lin e s e n te r in g t h a t o it y .
HtBTOttv.— A r e o r g a n iz a tio n o f U n ion B y. o f C h a tta n o o g a s o ld In f o r e ­
c lo s u r e J u n e 1 7 ,1 8 9 5 . T h e n ew c o m p a n y Is lea sed f o r fifty y e a rs
till J u ly 1, 1945, to tlic A la b w a G roat S o u th e rn R a ilro a d C o, a t a p r ic e
su fficien t to g u a ra n te e th e in te re s t o n th e fir s t a n d s e c o n d (w h e n a
fix e d ch a rg e ) m o rtg a g e b o n d s a n d p a y m e n t o f ta x e s a n d m a in te n a n ce .
STOCK is $ 3 0 0 ,0 0 0 , o w n e d b y Via. G r e a t So. R y . S e e V. 6 3 , p . bgq.
B o n u s . —Firs t m o rtg a g e to r $ 3 0 0 ,0 0 0 , bear* In terest a t 3 p . o. f o r 2
y e a rs fro m J u ly 1, 1 8 9 5 ; 4 p . o. f o r 2 y e a rs m o re a n d 0 p . o, th e re a fte r.
T he first m o rtg a g e b o n d * m ay b e ca lle d a t p a r a ft e r J u ly 1, 1 90 3 .
T ru ste e , M e rca n tile Truet A D ep osit C o., B a ltim o re . T h e re a re s e o o n d
In co m e m o rtg a g e g o ld b o n d s a u lh o rix e d to r $ 2 1 ,0 0 0 , m a tu r in g J u ly 1,
1945, w ith in te re st a t the ra te o f 4 p e r c e n t, If ea rn ed , to J u ly 1 ,1 9 0 3 ,
lin n -cu m u lative, and fro m J u ly 1, 1903, to b e co m e a fixed ch a rg e, th e
co m p a n y , h o w e v e r, b a r in g the r ig h t a t a n y tim e to re tire th em a ft e r
J u ly 1, 1903, at par. F o r y e a r e n d in g J u n e 3 0 , 1896, gro ss, $ 3 7 ,9 7 8 ;
o p e ra tin g e x p e n se * , $ 3 9 ,2 7 2 ; d e ficit, $ 1 ,2 9 4 , o w in g ch iefly to e x t r a ­
o rd in a ry re p a irs .—Y. 6 1 , p . 1 1 2 .6 1 0 ; V . 6 3 , p. 3 5 6 , Ogg.
B e l v l d e r c O r U w a r c B i t . - O w ns fro m T re n to n , X . J ., to M anunka Chunk, X . J ., 6 7 . o r.;F le m ln g to n R R .,A e ., 14 in.; o p e ra te d e a trofi
1 oi.; total o p e ra te d , 3 2 m iles. Leased to U nited C om p a n ies, a n d tra n s­
ferred to P en n . R R . M a rch 7 , 1 876. N et ea rn in g s p a id as ren ta l. T ha
Hr*t m o rtg a g e fis o f 1 853 a n d th e $ 1 ,2 4 9 ,0 0 0 4 p e r ce n ts o f 1 88 5 -7 are
gu a ra n teed b y tha U nited O om panle*, a n d th e ir g u a r a n ty a ssu m ed b y
th e P enn . R R . u n d e r It* lea se. B o n d s o f 1 88 5 , 1 88 7 and 1 89 3 aro se­
cu re d b y the co n so l. m o rtg a g e o f 1 875 f o r $ 1 ,0 0 0 ,0 0 0 , w h ich p r o v id e s
f o r a sin k in g fu n l o f 1 p er c e n t o f o u ts ta n d in g b o n d s If e a rn e d . In
1895, gro ss, * 1 ,1 2 4 ,2 1 4 ; n e t, $ 3 1 3 ,7 9 1 . In 1 8 9 4 , g r o s s , $ 1 ,0 0 2 ,0 5 4 ;
n et, $ 2 4 0 ,2 7 0 ; In terest, e t c ., $ 1 5 3 ,1 8 9 ; d iv id e n d s (6 p. o .). $ 0 9 ,0 0 0 .
D iv id e n d s o f 6 p e r c e n t h a v o b een paid. On c o n s o lid a t io n In M arch,
1 89 6 , th e a u th orized ca p ita l s to c k w a s In creased fro m $ 1 ,1 5 0 ,0 0 0 to
* 4 ,0 0 0 ,0 0 0 ; o u ts ta n d in g in J a n u a ry , 1 8 9 7 , $ 1 ,2 5 3 ,0 0 0 ,
B e r k s h i r e K B . —S e e N . Y . N e w H a v e n A H a h t v o b d .
B l o o r o s b u r g A S u l l i v a n K B . — Owns ro a d fro m B lo o m s b u rg t o
J a m iso n C ity , P a., 3 0 m iles. R o a d b u ilt in 1 887 an d 1888. S to c k Is
$ 6 0 0 ,0 0 0 ; liar, $50 , S in k in g fu n d f o r firsts is $ 5 ,0 0 0 p e r a n n u m
b o n d s c a n lie d ra w n a t p a r ; tru ste e F id e lity Ina. T ru st A S. D . C o .,
P hilad elp h ia.
F irs t m o rtg a g e in te re st d u e J u ly 1, 1.890, n o t p aid , a n d to p r o v id e
fu n d * fo r re b u ild in g b rid g e s, e tc., a co m m itte e o f b o n d h o ld e rs In Doeeruber, 1896, p r o p o s e d to fu n d first m o r tg a g e o o u p o n o f J u ly , 1 8 9 6 ,
a n d J a n u a ry a n d J u ly , 1 89 7 .—S e e V. 6 4 , p . 133.
h a hn ; N'is.—Y e a r e n d in g J u n e 3 0 ,1 8 9 6 , g r o ss , $ 5 8 ,6 6 6 ; n e t, # 2 8 ,2 0 9 ,
against $ 3 0 ,2 6 3 in 1891 9 5 ; ta x e s a m i In terest, $ 3 7 ,2 3 1 ; d e ficit u n d e r
ch a rg e s , e tc., $ 9 ,0 2 2 .
President, C, R. B u e k a lo w ; V ioe-P rest. a n d T re a s., S am u el W ig fa U ,
B lo o m s b u rg , Pa. V. 0 3, p. l i f t ; V. 64, p. 133 .
B o s t o n A A l b a n y K K , —O w n s fro m B o sto n , M ass., t o A lb a n y ;
X. Y. 202 m iles; n u m erou s b ra n d ie s , 104 m iles; lo o se d lin es, 8 3 mtlegi
tota l o p e ra te d . 3 8 9 m iles. A co n so lid a tio n o f D e ce m b e r, 1867.
T h is roa d o w n s * 1 0 0 ,0 0 0 s to c k (o u t o f $ 5 0 0 ,0 0 0 ) o f th e B o s to n T e r ­
m in al C o. an d , w ith oth ers, w ill u se the n e w U nion S ta tion In B o s to n
w h en c o m p le te d . (V , 6 2, p . 5 4 7 ; V. 6 3 , p. 3 08.)
S t o c k — In 1 889 o b ta in e d p erm ission fro m th e L egislatu re t o Issue
* ,
a d d ition a l s to c k , $ 7 ,0 0 0 ,0 0 0 b e in g f o r b o n d s d u e in 1 8 9 2 ,
th e rem a in d er fo r Im provem en ts.
D i v i d e s D*—Cash d iv id e n d s a t th e ra te o f 8 p er ce n t y e a rly h a v e b een
p a id fo r m an y y e a rs , S tock d iv id e n d , 1 0 p . o. in 1 88 3 and 3 % p , o. in 1 8 8 6 .
B o n d s ,- N e w b o n d s to r * ,
w ere a u th o rize d lu S e p t , 1 8 9 3
V. 57, P. 5 4 7 , o f w h ich In J u ly , 1 39 5 , $ 8 ,0 2 7 ,0 0 0 had b een Issuod.

100 ,000
00

50 0 0
0 ,0 0

INVESTORS* SUPPLEMENT

16

, Vol. L X lV .

Sulmer-llmm w ill c<> ii O r a gre a t f a v o r b y g i v i n g i nu n cellule n o tic e o f a n y e r r o r d isc o v e re d In th e se T a b le * .
r a il r o a d s

.

M iles i D ate : S ize, or

| F ar
of
of
o r © jfp la n a iic n o f t o lu m n h e a d in g s , A c ., s e e n o t e s
R oad. B ond s V alue.
o n tin u jm g e o f t a b le s .
t>0S m £ t o w e l l— SU c k . . l
B t)m \», n o t nlo r t g i t g e .. i

*

$100

f

1879
1883
1885
1892
1893
1894
1896

a
B<lu d * !
B o s t o n & M a in e g i v e s |
>
B<
*
}
a r e n t a l g u a r a n te e ^
Bi
| f o r 9 9 yeiKTS.
0
Bt
tl
Bt m ils ,
i
L . ML* a n d S.*S*L. b o n ils . (
1
K m h . vVLow p la in b ’ d s j •
r—S t o c k , c o m m o n a n d s c r i p ..........
Bos o h & Main
P i o f e r r e d s tc els, 6 p e r c e n t , n o n * c u m u t a t iv e .. —
I n in r o v e r n 't ijou d s s. f . # n o t u io r t . o r s u b j. t o c a l l
I m p r o v e in ’ t sm ids . s. f ,, n o t u io r t . o r s u b j. t o c a l l
It i p r o v m a e ii t b o n Is, n o t m o r t g a g e ............................ !
B >nds (n o t if o r t g a g o ) f o r im p . & r e f .................. .e A r
Bt .m ils, n o t us ortgfi v e . g o l d .........................................c*r|
Eais t e r u R l i . ( e r t s .o f i n d e b t . l s t M ., g . , 8.f.,n o t d r n -c | I l l

P ortsm ou th G rea t F a lls & C on w a y . 1st m ore— c
C harleston land m o rtg a g e n o te s ................................ !
Boston a P ros.- -Stock, 10 p . o. gu ar. 99 yrs., 01(1 Col.
B on d s, n ot m ortg a g e......... - .........................- ............c*
Boston R evere Beach & L y n n —S tock .............................
st m o rtg a g e ...................................- — ...................... c
N ow M., $ 1,0 0 0 ,0 0 0 , t o b o n o t o v e r 5% (see te x t)
B oston W lnthron * S hore 1 st m ort a ssu m ed . . .

1

BraUteboro & Wh.uf.huU—1st M . . . . . ....................
B ro o k ly n Bath d iFest E nd— S St r e e t R a il w a y .
ee

1880
1885
1 887
1887
1892
1 894
1876
1 877

73
68
9

__

8

....

7%
B ro o k lyn <f B righ ton B each—1 st m o rtg a g e ............ c
B ro o k lyn Elevated— See Str e e t R a il w a y Supple WENT.
3%
B ro o k ly n <t R ock a w a y B ea ch .—ls t M .,$ 3 5 0 ,0 0 0 ,g -0 "
G
B uffalo Greek—1 st m o rtg a g e ........................................ r
6
C onsol, m ortg a g e fo r $ 1 ,0 0 0 ,0 0 0 g o ld ................. e*

......
1 ,0 0 0
1,000
......
1 ,0 0 0
......

_

_
’ 88-’ 93
1877
1897
1 886
1 880
1887
1891
1882
1891

100
100
1,000
1 ,0 0 0
i .ooo
1000&C.
1 ,000
500&C,
100
1 ,0 0 0
1 00
1 ,0 0 0
......
1 ,0 0 0

’f

’94r

«

M. & S,

1 ,0 0 0
1 ,0 0 0

(fc' PT^S1
a # 0*, a u th orized , $ 1 8 ,7 5 4 ,2 0 0 ; p re fe rr e d s to ck
f 'M . 9 ,8 0 0 ; o u ts ta n d in g m J uly, 1896, as in ta b le a b o v e . In 1891-92
t L H '. ’ o0 0 ? i 00k w ils k 8aed t o stock h old ers at p a r.
(V. 5 2, n
164. 449
O f com m on s tock $ 9 4 5 ,2 0 0 h eld b y m ortg a g e tru stees o f
E astern KR. a n d $3 j 6 ,2 0 0 b y B. A; M. J u n e 3 0 ,1 8 9 6 , d re w n o d ivid en d s
D ividends ,—Ou preferred , in fu ll t o date.

’f

Q — J.
J . & J.
J. & J.
J. & J.

B r o o k ly n , N. Y .
6 g. M . & K
M a y 1, 1931
J. & J. N. Y ., F a rm e rs ’ L . & Tr, J a n . 1, 1 9 0 7
6
5 g. j . & j .
do
do
J a n . 1, 1 94 1

245

IS

10 p r.an .
4
S ee te x t.
6
______
5
6

J a n .l’
,
%
J u ly 1, 1 899
M a y 1, 1903
1 905-6-7-9
A p r. 1, 1932
F e b . 1, 1913
M ch. 1, 1915
J u ly 1, 1 9 1 6
O ct. 1 8 9 7 &’ 98
J u ly 1, 1 90 0
A p r. 1 ’ 97,112%.
M ar. 1, >97,3%
F eb , 2, 1 905
F e b . 1, 1 907
F e b . 1, 1 93 7
A u g. 1, 1 9 4 2
Jan . 1, 1 9 4 4
Sept. 1, 1 9 0 6
J u n e 1, 1 937
Sept. 1, 1 9 0 6
B oston , O f., S ears B ld g . A p r . l ’ 97,212%
do
do
J u ly 1, 1918
B o sto n .
J an . 1 /9 7 ,1 % .
do
J u ly 1 5 ,1 8 9 7
. . . ___ . . .
1927
do
S ept, 1, 1 9 0 6
T o N e w L o n d o n N o r .R R
1900

5

&H' r6Sardi“ S dMSi°n 0ft4*

'8
I

6 in 1 897
6 p e r an.
4
4
4
4
4^3 g.
6 g.
4^2

97 312

j. & j.
B o sto n , a t O iffee,
j. & j .
do
do
do
do
M. & N.
V ariou s
do
do
A . & O.
do
do
F . & A.
do
do
M. & S.
do
do
A. & 0.
do
do
do
do
A. & 0.
J, & J. N a sh u a, C o .’ s Office.
B o s to n , a t Office.
Q .-J .
M. & S.
do
do
F. & A.
do
do
F. & A .
do
do
F. & A .
do
do
F. & A .
do
do
,1. & J.
do
do
M. & S. B o st.; L o n d ., B a r in g B r.
J. & D .
B o s to n , a t office.

3 3 8 ,0 0 0
2 5 0 ,0 0 0
2 3 8 .0 0 0

$ 2 2 ,7 8 7
B a la n ce, su rp lu s..........................
$ 2 0 ,3 5 6
$ 1 0 ,5 7 8
- ( V . 63, p. 2 2 7 , 3 0 8 , 8 3 7 ; V . 6 4, p. 286 .)
B o s t o n <fc I.o tvc11 KB.— o a d — Ow B oston t o D ow ell, 2 7 m iles
R
ns
bra n ch es—S alem and L ow ell, 1 7 m iles; L o w e ll and L a w ren ce, 1 2 m iles;
others, 32 m iles; M id d lesex C e n t r a l . i l m iles; lea ses—M a n ch ester &
K een e H R ., 29 m iles (ow n ed .join tly w ith C o n co rd & M on. R R .); C entral
M assachusetts, 1 0 4 m ile s ; C on n ecticu t & P assum p sio, 147 m iles; to ta l
le a se d , 2 8 0 m iles; tota l ow n e d and leased, 3 6 9 m iles.
L e a s e s . — L eased in 1 887 fo r 9 9 y e a rs t o th e B oston & M aine a t 7 p e r
oeu t p e r annu m on s to c k till an d In clu d in g J a n u a ry , 1 89 7 , d iv id e n d ,
an d 8 p e r ce n t th erea fter
S t o c k a n d B o n d s .— S tock a u th orized , $ 6 ,5 2 9 ,4 0 0 . T h e d eb en tu res
w ere d escrib ed o n p a g e 2, S u p p l e m e n t o f A p r il, 1895. I n M arch,
1 89 6 , $ 2 0 0 ,0 0 0 o f a d d ition a l s to c k w a s a u th orized fo r re a l esta te p u r­
ch ases an d to tak e up a n o te fo r $ 1 0 0 ,0 0 0 . T he 2 0-y ea r cu rren o y 4s
o f 1896 fo r $ 7 5 0 ,0 0 0 w ere issu ed J u ly 1 ,1 8 9 6 , to retire lik e a m ou n t
o f 6s due o n that d ate. I n D ec., 1 8 9 6 , w as a u th orized th e issue o f
$ 2 0 0 ,0 0 0 4 p e r ce n t 2 0 -y ea r b on d s to r e fu n d $ 2 0 0 ,0 0 0 L o w e ll & L a w
ren eo 6s d u e O ct. 1 ,1 8 9 7 .— (V. 6 4, p . 41.)
B o u t o n Se M a i n e B K . —R o a d —-Tlio system in clu d es:
L in e s ow ned.
M iles.
Miles.
B o sto n , M ass., toF ortla n d , Me. 116 T o ta l o p e ra te d J u ly 1, ’ 9 6 ___ 1 ,7 1 7
B o sto n to N. fit. S tate L in e ..
41
D o u b le t r a c k ............................. 3 1 0
C o n w a y J une., M e., t o N orth
C ou w a y, N. H ..........................
73 C on trols M e. Cent, (w h ich s e e ). 822
S undry b ra n ch es...................... 1 40
P o rtla n d & R o ch e s te r............. 55
L in e s leased.
S t.Jolm sb u ry & L a k eC h a m p ,1 3 1
C o n co rd & M o n tr e a l................. 414
Y o rk H a rb or & B e a c h ........... 11
B o sto n to S h erb rooke, C a n ... 2 90
V e rm o n t V al. o f 1 8 7 1 ............. 24
O ther bra n ch es le a se d ............. 643
S u lliv an C o u n ty ........................ 26
T he leased lines in c lu d e ; C o n co rd & M on trea l, lea sed J u n e 2 9 ,1 8 9 5
B o sto n & L o w e ll, C entral o f M ass., N ashu a & L o w e ll, N orth ern o f N H
W orcester N ashua & R och ester, C on n ecticu t R iv e r, e tc.—f o r term s o f
leases s ee ea ch com p a n y .
U r b a n i z a t i o n , E t c .—In 1 89 0 a con solid a tion w a s m a d e w ith the
E astern R a ilroa d o f M assachusetts and the P ortsm ou th G reat F a lls £
C on w a y, ou term s m V. 50, p . 589 . J u ly 2 9 , 1895, th e C o n co rd &
M on treal w as lea sed fo r 91 years. See V . 61, p . 513 . F rom J an . 1
1893, th e C on n ecticu t R iv e r R o a d w a s lea sed fo r 9 9 yea rs. V 5 6. p
’

’f

8 p e r an.
5
4%
4
4
4
4
4
6

5 0 0 ,0 0 0

a r n in g s — 6

B o n d s .— A s t o d eb en tu res see S u p p l e m e n t o f A p ril, 1 895
f u JNovember, 1894, th e floa tin g d e b t b a d all b e e n p a id o ff

$ 6 ,5 2 0 ,4 0 0
6 2 0 ,0 0 0
2 5 0 ,0 0 0
3 ,6 7 5 ,0 0 0
1 ,0 0 0 ,0 0 0
1 ,0 0 0,00 0
5 0 0 ,0 0 0
7 5 0 ,0 0 0
4 2 6 ,9 0 0
1 00 ,00 0
1 8,7 39 ,2 0 0
3 ,1 4 9 ,8 0 0
1,0 0 0,00 0
5 0 0 ,0 0 0
1 ,9 1 9 ,0 0 0
2 ,5 0 0 ,0 0 0
6 ,0 0 0,00 0
8 ,5 5 8 ,2 0 0
9 9 8 ,0 0 0
5 9 7 ,8 0 0
4 ,0 0 0 ,0 0 0
2 ,1 7 0 ,0 0 0
8 5 0 ,0 0 0
3 5 0 ,0 0 0
___ ____
2 8 9 ,0 0 0
1 5 0 ,0 0 0

1 ,0 0 0

Gross.
N et.
h it . d tuxes. B a l., stir.
m os. S 189G .$4,09S ,743 $ 1 ,7 2 3 ,2 7 3 $.375,657 $ 8 4 9 ,6 1 6
to D ec, 3 1,
( 1805 4 ,0 3 3 ,7 8 7 1 ,8 8 5 ,0 9 2
8 6 7 ,1 3 4 1 ,0 1 7 ,9 5 8
a n n u a l R e p o r t ,— F iscal y e a r ends J u n e 3 0. R e p o r t f o r 189 5 -9 6 w:
In V . 63, p. 227 , 308.
1894,
T ea r en d in g J u n e 30—
1896.
1895.
$ 9 ,1 9 0 ,2 7 6
$ 9 ,1 3 0 ,8 6 6
G ross ea rn in g s ............................. $ 9 ,3 5 0 ,6 3 2
N e t e a rn in g s ................................. $ 2 ,4 3 8 ,7 6 7
$ 2 ,5 5 1 ,5 0 6
$ 2 ,4 6 9 ,9 8 8
$ 3 8 1 ,4 1 0
In terest p a id ................................. $ 3 3 7 ,9 8 0
$ 4 5 3 ,1 5 0
7 8 ,0 0 0
R e n ta ls ...........................................
7 8 ,0 0 0
7 8 ,0 0 0
2,000,000
D iv id e n d s (8 p e r ce n t)............... 2 ,0 0 0 ,0 0 0
2,000,000
E

B onds—P rin c i­
IN T E R E S T O R D IV ID E N D S .
pal,^When D u e .
A m ou nt
W ie n W h ere P a y a b le , a n d b y Stocks—L a st
O u tstan d in g R a te pet
P a y a b le
W h om .
Cent.
D iv id e n d ,

1

’97-

B <frTV
f

M. & S. M a r ./9 6 ,p d . M a r. 2 4 /9 6

Y ea r E n d in g J u n e 3 0.
1 89 6 ,
M iles o p e r a te d ................................
1 ,7 1 7
P a ssen g er d e p a rtm e n t................ $ 9 ,0 9 9 ,2 7 3
F r e ig h td e p a r tm e n t...................... 1 0 ,3 4 3 ,1 2 3
M ails, e x p r e ss , e t c ........................ 1 ,0 1 7,69 5

S ept. 1, 1 9 2 ?

1 895.
1 ,2 9 3
$ 7 ,7 5 4 ,9 9 8
8 ,2 7 4 ,8 6 2
8 62 ,4 5 3

1 89 4 .
1 ,2 9 3
$ 7 ,8 9 4 ,9 6 8
7 ,2 6 0 ,5 8 ?
806,7 21

T o t a l............................................$ 2 0 ,4 6 0 ,0 9 1 $ 1 6 ,8 9 2 ,3 1 3
O per. e x p e n se s , e x c l. t a x e s . . . . 1 4,5 4 7 ,6 9 3
1 1 ,7 9 4 ,5 2 8

$ 1 5 ,9 6 2 ,2 7 6
1 0 ,8 6 0 ,5 8 0

N e t ea rn in g s ............................ $ 5 ,9 1 2 ,3 9 8
N et, in clu d . o th e r I n c o m e ............
6 ,5 9 7 ,3 6 1
In te re s t..............................................
1 ,0 9 6 ,3 9 6
R e n ta ls ...............................................
3 ,1 4 0 ,9 1 0
T a x e s ..................................................
9 8 1 ,9 5 4
D iv id e n d s .........................................
1 ,2 3 4 ,0 0 2
S in kin g fu n d .....................................
7 2 ,6 3 3

$ 5 ,0 9 7 ,7 8 5
$ 5 ,7 0 5 ,5 3 9
1 ,1 0 5 ,6 9 0
2 ,3 9 6 ,2 4 6
8 2 4 ,5 7 2
1 ,2 3 3 ,9 9 7
7 2 ,7 4 9

$ 5 ,1 0 1 ,6 9 6
$ 5 ,7 5 4 ,5 7 0
1 ,2 1 3,39 1
2 ,3 1 1 ,3 7 0
8 2 2 ,0 1 8
1 ,3 2 1,03 1
6 7,2 82

B a la n ce , s u rp lu s ...........................
$ 7 1 ,4 6 6
$ 7 2 ,2 8 5 $ 1 9 ,
- ( V . 62, p . 3 1 8 , 9 0 7 ; V . 6 3, p . 3 5 4 , 3 5 6 , 5 5 2 , 879 ; V . 6 4 , p . 3 2 9 .)
B o s t o n <fc P r o v i d e n c e B B , —O w n s B o s to n , M ass., to P r o v id e n c e
R. I ., 4 4 m ile s ; b ra n ch e s, 2 0 m ile s ; lea ses to N orth A ttle b o r o u g h , 4
m iles. L e a se d fo x 9 9 y e a rs , A pril 1, 1 8 8 8 , to O ld C o lo n y R R .; ren ta l,,
1 0 p e r c e n t y e a r ly o n sto ck . O ld C o lo n y t o J u ly 1 , 1 8 9 2 , h a d in v e ste d
$ 1 ,6 7 1 ,9 3 8 in r o a d o n le a s e im p r o v e m e n t a cco u n t.
B o s t o n B e v e r e B e a c h & L y n n B B . —O w n s n a rr o w -g a u g e ro a d
fro m L y n n t o E a s t B o s to n , M a ss., 9 m iles, c o n n e c t in g w ith B o s to n b v
co m p a n y 's fe r r y b o a t s ; B o sto n , W in th rop & S h ore D iv ., E a s t B o s t o n to
w in th ro p , 5 m ile s , w ith b ra n ch e s 3 m iles.- I n D e c e m b e r , 1 8 9 6 , th e
issu e o f $ 1 ,0 0 0 ,0 0 0 b o n d s w a s a u th o rize d f o r im p r o v e m e n ts a n d t o re­
tir e 6s d u e J u ly , 1 89 7 , a n d f o r flo a tin g d e b t. (V . 6 3 , p . 9 6 7 .) D iv id ­
end s : 1 888 t o 1 89 1 in clu s iv e , 7 p. c. p e r an n .; in >92, 5 ^ ; in ’ 9 3 ,5 p c •
in ’ 9 4 , 4*3 p . e.; in ’ 9 5 , 4 p. e .; in ’ 9 6, 3 p . e.; in 1 8 9 7 , J a n ., 1 p . e.
E a r n in g s .—Y e a r e n d s J u n e 3 0. R e p o r t f o r 1 8 9 5 -6 in V . 6 3 , p, 7 1 6 Gross.
Net.
I n t. & taxes. D iv. p a id . B a l., su rp .
} 8 9 o - 9 b ............. $ 2 7 3 ,5 6 9

$ 8 4 ,9 9 5

$ 5 4 ,5 3 6

$ 3 4 , 0 0 0 d e l $ 3 ,5 4 1

1 8 9 4 -9 5 ............ 2 8 0 ,3 2 4
1 0 0 ,7 9 4
5 6 ,3 7 2
3 4 ,0 0 0 1 0 ,4 2
18,9 8 -9 4 ............ 3 0 1 ,3 8 3
9 5 ,5 2 1
5 3 ,0 2 1
4 2 ,5 0 0
N one.
— (V. 6 3, p . 7 1 6 , 8 3 7 , 8 7 9 , 9 6 7 .)
B i - a t l l e b o r o & W h i t e h a l l B B , —R o a d f r o m B r a ttle b o r o t o
S o u th L o n d o n d e r r y , V t „ 3 6 m iles. L e a s e d fr o m 1 8 8 0 t o N e w L o n d o n
N o rth e rn io r 9 9 y e a rs a t a n a n n u a l m in im u m r e n ta l o f $ 9 ,6 0 0 ; o p er­
a ted s in ce 1 88 3 b y C en tra l V erm on t. N e w L o n d o n N o r t h e r n o w n s a ll
t h e b o n d s. C a p ita l s to c k is $ 2 0 0 ,0 0 0 .
B r o o k l y n <fc B r i g h t o n B e a d s . B B , — O w n s d o u b le -tr a c k ro a d
fr o m A tla n tic A v e . cor.ner F ra n k lin A v e ., B r o o k ly n , t o B r ig h to n B each,
* ■ 7
^ o r g a n i z a t i o n a fte r fo r e c lo s u r e in O ct., 1 88 7 . InA u g u s t , 1 8 9 6 , co n n e c te d w ith K in g s Co. E le v a te d b v e x te n s io n a lo n g
F ra n k lin A v e ., a b o u t \ m ile . T his e x t e n s io n w a s le a se d t o th e K in g s
C o u n ty E le v a te d in F e b ru a ry , 1 89 6 . T h r o u g h tra in s a re r u n fr o m F u lt o n F e r r y t o B rig h to n B each . V . 6 3, p . 7 5 4 , St o c k .—C o m m o n
0 0 0 ; p r e fe rr e d ., $ 50 0 ,0 0 0 . S to ck a sse sse d 3 5 p . a in 1 8 9 3
’
’
B o n d s , E t c .—On J u ly 1 ,1 8 9 5 , lo a n s a n d bills p a y a b le ’ w ere $ 3 5 9 ,0 1 2 ,
P ro fit a n d lo ss d e ficie n cy J u n e 3 0, 1 8 9 5 , $ 3 1 6 ,4 3 1 . M a rch , 1896,
Sghpon s w e re , p a id a t C en tra l T ru st C o., N . Y „ M a rch 2 4 , 1896. Sept.,.
1 8 9 6 , co u p o n s w e r e n o t p a id .
F
E A R N isG S .-Y e a r e n d in g J u n e 3 0 ,1 8 9 6 , g r o ss , $ 6 7 ,6 0 4 ; n e t, $ 8,5 98 ;
S c w f S 8’,- *
d e ficit, $ 3 9 ,6 0 9 ; t e rm in a l p r o p e r t y (ch a rge),
l f b 7 A ^ t0
f ? r ? e a r’ $ 4 9 ,3 9 6 . I n 1 8 9 4 -9 5 g ro ss , $ 9 9 ,3 0 0 ; n et,
$ 3 2 0 8 0 . T o ta l d e ficit J u ly ,1 8 9 6 , $ 3 6 4 ,5 2 7 . P resid en t, E . L . L a n g ­
fo r d (e le cte d S ept., 1 8 9 6 ).— (V . 63, p . 2 6 8 , 559 , 7 5 4 .1 0 0 9 .)
B r o o k l y n B a t h & W e s t E n d . — > S ee St r e e t R a i l w a y
B r o o k ly s i E le v a t e d .—
$
Su p p l e m e n t .

$5 0
>0

1

^ ^ f c b a w a y B e a d i R R , , - O w n s r o a d fr o m E a s t
w h h ?^
}
°
^ a /ia rsie L a n d in g , J a m a ica B ay , 3 1s m iles (of
*?lle s d o u b le tr a c k ), a n d o p e ra te s fe r r y t o R o c k a w a y Beach.
O p e ra tio n s s u sp en d ed d im ing w in te r m o n th s . B a ils 50-56^ pounds
lo c i 5
I 1 ®9 ’ 0 9 0 i W ’ f 5 0 . D l v I D E N D S . - m 1 8 9 0
e a c h 5 p e r c e n t , 1 8 9 2 , 6 p e r c e n t ; 1 8 9 3 , 1 0 p e r c e n t ; i n 1 8 9 4 , (?) p e r
P
1
J u u | 03. ° u ^ 9 6 > S ^ o ss, $ 4 2 ,4 0 7 ; n e t , $ 2 ,5 7 4 ; o t h e r

general

F in a n ce s .—T he 1895 r e p o rt sta ted th a t a u tom a tic bonnier*

0 0 $ d u r i ! $ t* 9 & r
o p e u e d in 1891. T h e lea se o f the C on i M o m fa D m e i S o l T r e e s T h l
com p a n y from all rail cn m p etitiou in its sp ecia l t e rrito ry
ifio e m ®
her, lH.lo, th e Central M assachusetts issu ed $ 1 0 0 ,0 0 0 o f its n e w 5s to
B oston & M aine fo r cla im s to A p ril ,1 8 9 5 . See V. 61, p . 1 06 3 .
“
L vtest E a r n in g s ,—F o r th e s ix m on th s e n d in g D eo, 31:
G mos.
Gross.
JVe/.
oth 4 nr
tw r
y 7
>
1 8 9 .6 .... $ 1 0 ,4 1 3 ,2 4 2 $ 3 ,2 3 9 ,5 6 9 $ 28 8 325
$ 2 6X4 210

1

“f — 1 ia 5
E s-9 9

mo& x 318,603
s

$
I;Io!;llo S i ll l

* 16’0 55 ’

I h 1894-95,

B u f f a l o A t t i c a & A r c a d e B B . —O w n s f r o m A tt ie a to A rca d e ,
J ’J l o
m 68'
S u c c e s s o r o f A tt ic a & F r e e d o m R R .. fo re clo s e d
^ e rF r i f ’ w bfnl;
? ? a d e s ta n d a rd g a u g e . C o n n e c ts w ith B u ffa lo over
D(?dE i n r t l « n « i S ? v fiSc S n St o f t]1* e fih ifm e n t. C a p ita l s to c k authori 'seta
$J*30;600: p a r, $ 1 0 0 . B o n d s —F ir s t m o rtg a g e 6s o f
* ? ^)noUe
n-oa-fBOiOQO; iss u e d , $ 1 5 ,0 0 0 ; s e co n d m ortgage,
1 8 9 o -9 6 , g ro ss , $ 1 4 ,5 7 9 ; d e fic it f r o m op era tin g,
^ ^ fe S lS ^ O le a n 1
^ 2 ,0 2 5 ; d e flo it f o r Year, $ 2 ,7 7 7 . P resident,

5

N *y "
B
B
.
— Own s fr o m Carrollton,
m 'o rtia g e a ll th ft^ N S ,0 in b n d s d T J a . 1 . 8 E - an d f
its new
m o rtg a we ^ l^ th e $ 5 8 0o ^ 0 0o ? omiilesl u e lle nE rle 1E 9 6 E old s$ 2 o r89 900 o f
th e ca p ita l s to c k o f $ 2 ,2 8 6 ,4 0 0 ; p a r $ 1 0 0 . (V 7 6 2 ; p 3 9.) l b J ,J ^

1

19

rile earnings oi the C on cord & M on treal a re in ch id e d in
R R w
a
5 S ,r 0 w ? s 6 -m ile8 o f te rm in a l r o a d in Buffalo,
,
are not included fo r 1891 o r 1895 Tim r t,iX- t . j
™
l b J b but f i BVU flr r,I r a ™
T fdifp-b v i K w ?
’ii e- 8 t ° r
a
?
o f c h a r te r le ss o n e d a y, to th e
$ 2,1 7 7 ,1 9 9 fo r the fisca l y ea r en d in g j t in e 3 0 ,1 8 9 5 ^
6a“ ta* 8 01 s to c k o f \ ^ 7n n o C
l
^ R ‘ * wllli3h i^ ^ cth e r o w n en tire ca p ita l
stocK o r $ 2 5 0 ,0 0 0 r D iv id e n d s m y e a r 1 8 9 4 -9 5 , 6 p . c.

5
0

RAILROAD

A S , 188?.]
P tiL

STOCKS

AND

17

BONDS

Thielph
310am

*<J
4

Wellington.-

^

iilarrubiirg

W .tCK
K en d a ll
A lb in o

k « ® B,D G E
o
-ZSunx

B ra n tfo rd

1*'*&*'’&*

\

St. Catharines

f

O C H E S T E ft

N^s-Fairport „r
u

~ Lockport

^Maplevv-ael
#cA
>kdak* V

Caledoni

C^tkid

SHORE

_
yV

N

VOH
-K

v/ii<0. L A W
.
.
^ //a v f i W '
T # P t^ rt Cf

Stanley

5 TM W yo m in g

I

\UaJ?v

kit.M orris'

M t F a lN B
y

CokJt-nW

G wood!
len
E Concord!
.
Sprlngvilte
'unkirk

fm m
m

PrattM ogh
W

vNunda

Areadjr .*
^jCrEagte ■
A.^Jp^Frecdom,
race v.m
jp^t'sH R r SW
iEs
W Valleym-C Tm ACHIASI
est
[cveretix I

K kg
ru u W
L hm
a*

BarrelioW ->
tis] rt
Kasionir

Jloim lti V,
O

HFO RD

mummim

lM ayvttte\

S /Angelica
►JfeBelvMere

W t.Valleyten.
[S.A B .jcj S
iKilbucfc if/

SALAMANC,

C a n lsteo

*H d*btp
«m

kCarrojitoti/

y

Andover
Addison/

Wemvtlic

itoera
Bolivar
[K en d all

weatviiie

Tioga

KtefB
Stdkesdali
F o r t A lle g h e n y

(fC zmVinduct ?\
m
tN lT . JEW ETT

Tttam
rflfe

A ln e ta M

GaiciOD

A getflB g

|
«C m ■
tertm Y
J Freem
an
J
\
’ JstjipfH
m

Y 4 tit
m vr%

M e -id v ifle

WellsWouglv

.^Cemdereport

rftdoo)

Sheffield J
<

x

J Ka*M>ia*

fclarion Jc,
ffjONttSONfttt*a

A n tr im

\P*»*

Boytvllle
Kot*to*oa

Emporiam

2P&CWAV

StoBctxno'

fttegm nam
m ia

sjCfetlte*

F o r t h P o in t

cCranberry

D rift w o o d

S g^OTO;Stfll!e
3

Carton Je^,

laFOCKWAY^Vr^A rp tE cn p^Ec jc ,

.Farranda V
>

■
"{i'ftmt!
— r r /V Ay-'s' c « £ e K

~ 4r ■
%B

C o a ito w n

J e r s e y S h o re

rock H
aven
CLEARFIELD

JtttowShoe

r» i"-‘

H N JC.
W
Gsxm&m

r"^l<JrrSjtlaie
B eiaen a

M U estm rg
.B e lle f o o t e

/rhfiltp«i>ure>

!Osceola /

Spring Ms._

r& tiu
cjp

Tyrone

Milroy

R edw ood
* « ,.r .h ..r g

L c w , 5 to w J

Altoona

A m o k li

Mifflin
Huntington

CrcasoS/
m rn fM f

W t0
M t§

flofiM a y sb u rg

M U tm

dIoqijjfield

- X j B r o o k * Min?

o

Mt Union

R e a r in g s p r * .

Jr* is

Johnstown

MAP

BUFFALO, ROCHESTER

CennellsviH
e

P I T T S B U R G R'Y

ftalMUWIi

®Ftirehence

Mytrtdaie,

WiifvfkWI
Cumberland

INVESTORS’

18

SUPPLEMENT,

[VOL. LXIV,

S u b s c r i b e r * v c lll c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .
B o n d s—P r in o iI N T E R E S T O R D IV ID E N D S .
R A IL R OADS.__________________ M iles I D a te S h e , o r
tal, W hen D u e.
A m ount,
R a te P e r W han W h en P a y a b le , a n d b y S tocks—L a st
of
of
! Par
F o r ex p la n a tio n o f colu m n h ea d in g, A c., see n otes
O u tstan d in g
W hom .
P a y a b le
C ent.
D iv id e n d ,
R oad . |B onds! V a lu e .
o n first p a g e o f tab les.
B u ffa lo .v. y , it E rie— S h e E r i k R a i l r o a d . •

Buff. R oth, if P M s.—S tock , ta p r e f., 6 p. c. n on -ou m .
R, * p. i at M , gold , R och ester to S a la m a n ca — c*
R & P. co n so l. m o r t ., $ 2 0 ,0 0 0 p e r m ile ,g o ld , g.o*
B.'r . A P. 1st gen era l M . ($ 10 ,00 0 ,0 0 0) g o ld ...,o *
D ebentures,
0 0 0 ,0 0 0 , eu rren oy jcn ll a t 105 .c*
L in coln Park A C harlotte le t m o rt.,g o ld ,g u a r .c*
PeiTV R ailroa d 1st m ortg a g e, guaranteed......
R e a l e sta te m o rtg a g e ............... - ................................

$100 $12,000,000

108 1881
2 7 6 j 1 88 2
276
1 887
1897
1 889
i 1889

‘To

B. R. & P. ear trusts, gold, Dee. 1 ...........................

...

112

1893

1 .3 0 0 .0 0 0
3 .9 2 0 .0 0 0
1,000
4 .4 0 7 .0 0 0
1,000 A p l.’ 97,non©
3 5 0 .0 0 0
1,000

1,000

20,000

3 0 1 ,5 0 0
5 8 6 .0 0 0

’ 9 0 ’ 95

1st m ortga ge, g o ld , s. (., auhj. t o ca ll a t p a r..o*& r
B u r lin g to n Cedar R apids a Northern^ -S to c k .............
1st mortgage............. -........................ v ---c*H
f e d . R ap. L F . A N . W ,, 1 s t M. g., g u a r .,r e d . a t lO o
C onsol. 1st M „ gold, guar. (See te x t) $ 4 ,0 0 0 ,0 0 0 .c
B .C .K .& N .c o n .is t M. A col. tr u s t,g o ld ........... o*A r
M inn eapolis & S t.L o u ls.ls t m ort,, g o ld (assum ed)
B utte A n a con d a < P a c ific .—1st m o lt ., $ 3 ,0 0 0 ,0 0 0 C
C a lga ry < E dm onton—1st m ort. 6s, red. a t 1 1 0 . . . .
£

1,000
1,000

B u ffa lo & S o u th w e s te r n — See E r i e R a i l r o a d .
B u ffa lo tl S u s q u e h a n n a —S t o c k , $ 2 ,0 0 0 ,0 0 0 .............

C a lifo r n ia P a c i f i c —B tf)d k ......................................................
1st m ort., g old (e x t’ d i n 1 8 8 7 ) ......................

2d M ., gold ,g u .p .& L , e n d .b y Cen. P ae., e x t. in ’ 91
3 d M .. gold , g u a r.b y Cent. P a c. ($ 1 ,0 0 0 ,0 0 0 a re 3s)
C a m b r ia d C le a r fie ld —S tock, $ 2 ,1 5 0 ,0 0 0 a n th ........
1st M. ($ 2,0 00 ,0 0 0 ) g o ld ....... - ..............
.c*

369
55

'Aii
12

295
i i ’i
114,
114
50
80

C a m d e n d A t la n tic — S e e W e s t J e r s e y A S e a S h o RE.

Camden d Burlington County—S to c k ........- ................
1st m ortga ge, $ 35 0 ,0 0 0 , g o ld , gu ,p.& i.b y P .R R .e *

30
30

6 g. F .‘ "A
J. A
5g. M. A
J. A
J. A
I 8' J. A
J. &
5
J. A
5

1 .5 1 8 .0 0 0 S ee te x t.
1 .2 8 9 .0 0 0
A.
5 .5 0 0 .0 0 0 4 in 1S36 F .
100
J.
lOO&o. 6 .5 0 0 .0 0 0
5
1 876
1,000
8 2 5 .0 0 0
6g. A .
1 88 0
1 .9 0 5 .0 0 0
A.
1,000
1881
A.
0 ,4 2 5 ,0 0 0
1 8 8 4 1 ,0 0 0 A c
J.
1 5 0 .0 0 0
1 877 5 0 0 A c.
See te x t.
5 S'
1 893
‘i i o o £ 1 ,1 2 1 ,7 0 0 S ee te x t. J.
1 890
50
500 A c,

I

1 867
1871
1 875
1 89 1

$100 $12,000,000
1,000
2 .2 3 2 .0 0 0
1,000
1 .5 9 5 .0 0 0
500
50

1,000
25

1 89 7

1,000

4klg4ffng.
2 ,9 9 8 ,5 0 0 3 g . A 6 g .
1 ,3 0 0 ,5 5 0
1 .2 7 9 .0 0 0
” 5 'g .

A
A
A
A
A
A
A
0)
&

N . Y ., 36 W a ll S treet. F e b .,’ 9 3 , l l i %
A. N . Y ., U n io n T ru st Co. F e b . 1, 1921
D.
ao
do
D ee. 1, 1922
S.
do
do
S ept. 1, 1 937
N ew Y ork,
'J.
Jan . 1, 1 94 7
do
do
J.
J a n ., 1939
D.
do
do
J u n e , 1 90 2
N. Y ., I s e lin A Co.
J.
1899
do
do
D.
J u n e ,’ 97-1 9 0 5
J a n . 1 1 ,’9 7 ,5 %
N, Y ., H , F isk A Sons.
G ot., 1 913
N. Y „ C o m E x ch , B ank, F e b . 1,’ 9 7 ,2 %
N. Y ,, C entral T ru st Co. J u n e 1 , 1 9 0 6
do
do
O ot. 1, 1 92 0
do
do
O ct. 1, 1 9 2 1 ,
do
do
A p r. 1, 1 9 3 4
N .Y . C o n tin e n ta l N. B k. J u n e 1, 1 9 2 7
1 92 3
J. L o n .,M o r to n ,R o s e & Co. J u ly 1, 1 9 1 0

O.
A.
D.
O.
O.
O.
D.

J. A J. N .Y ., S .P a o.C o,, 23 B r’ d. Jan . 1, 1 9 1 2
J. A J.
do
do
J an . 1, 1 91 1
J . A J.
do
do
J u ly 1, 1 9 0 5
J . A J. P h ila ,, B ro a d St, S tat’n. J an . 1, 1 941

3 8 1 ,9 2 5 6 p e r an. J, A J. P h ila ., B ro a d St. S ta t’n. J an . 1, ’ 9 7, 3 %
do
do
3 5 0 .0 0 0
F e b . 1, 1 9 2 7
4 g- F. A A .

B u f f a l o N e w f o r k & E r i e B B . - I n 1 89 6 m e rg e d in E rie E E
B u f f a l o f t o c h e s t e r Sc P i t t s b u r g K a l i w a y . —(See M a p .;—O per­
ates fro m B uffalo a n a R och ester, N, Y., to th e b itu m in ou s c o a l re g io n s
a rou n d W alston , P a ,, 3 4 0 m iles m all, in clu d in g :
L ea sed— n tire sCk ow n’ d— M iles.
E
L in e s ow n ed in f e e —
M iles.
J oh n son b u rg & B ra d fo rd E E . B u ffa lo C reek, N. Y ., t o H ow a rd
H ow a rd June, to M t. J e w e t t. 2 0
J u n e ., P a ....................................... 81
Clarion J u n o., t o W alston , P a . 66 L in co ln P a rk & C h a rlotte .......... 10
P e r r y R E ..........................................
1
R o ch e ster t o A sh fo rd , N. Y ----- 9 4
F o u r b ranohes t o m in es ........... . 15 C learfield A M a h on in g—If
C learfield to B e e ch C reek R R . 26
T rackage—
E rie—M t. J e w e tt to C la rion J .. 21 M a h on in g V a lle y R R ...................
2
B u ffa lo C reek R R . in to B u ffa lo. 4
T o ta l (tfSee sep a ra te sta tem en t fo r th is c o m p a n y — .....................3 4 0
O rg an iza tio n ', e t c .— Su cce ss o r in M arch, 1 88 7 , t o th e R o ch e s te r A
P ittsb u rg , w h ich was fo re clo s e d in O ctob er, 1 885. See V . 5 0. p. 560,
589. T he en tire ca p ita l s to c k o f th e R o ch e s te r A P ittsb u rg C oal A Ir o n
C om pa n y Is o w n ed , a n d th rou g h th a t co m p a n y in M a y, 1896, c o n tr o l
w a s aoo a ired o f th e B ell, L e w is A Y a tes p r o p e rtie s, in c o r p o r a te d as
the C learfield & J efferson C oal C o. w ith $ 3 ,0 0 0 ,0 0 0 s to c k a n d $ 3 ,0 0 0 ,0 0 0 b o n d s. See this S u p p l e m e n t , p. 1 5 4 and V. 63, p. 755 . T he B , R .
& P . R y . co n tr o ls th e c o a l o u tp u t fro m o v e r 3 0 ,0 0 0 acres o f b itu m i­
n ou s c o a l la n ds In J efferson an d C learfield cou n ties , P a . V . 6 2, p .
9 0 8 ; V . 63, p. 115.
I n M ay, 1 893, th e C lea rfield A M a h on in g R R . w a s co m p le te d a n d
leased, an d its s ecu rities gu aran teed. A lin e t o P itts b u rg has b e e n sur­
v e y e d , b u t c o n stru c tio n a w a its b e tte r tim es. V. 63, p. 29.
D ividends .—O n p r e t , In 1 8 9 2 , 5; in 1 8 9 3 , F e b ., 1M p . e.; n on e sin ce.
B onds.—O f the gen era l m ortg a g e (trustee U n ion T ru st Co. o f N. Y .)
fo r $ 1 0 ,0 0 0 ,0 0 0 , th ere w ere $ 6 ,0 0 0 ,0 0 0 r e s e rv e d f o r p rio r b on d s. T h e
gen eral m o rtg a g e 5 s c o v e r 2 2 m iles o f r o a d b u ilt sin ce 1887.
T h ere a re also ou tsta n d in g $ 5 ,0 0 0 in com es d u e in 1921, fo r w h ich
$ 3 ,0 0 0 con sols, (in clu ded in table) are h eld b y th e tru stee. Oar tru sts
f o r $ 5 9 ,0 0 0 fa ll d u e J u n e 1 ,1 8 9 7 , and $ 5 5 ,0 0 0 o n D e c e m b e r 1 ,1 8 9 7 .
T h e $ 3 ,0 0 0 ,0 0 0 deb en tu res o f 1 8 9 7 a re to b e secu red b y a n y su b se­
q u e n t m ortg a g e m ade e x c e p t i f m ade f o r re fu n d in g e x is tin g p r io r lien s
o r fo r ex te n s io n s e x c lu siv e ly ; d eb en tu res a re s u b je ct t o ca ll a t 105
a n y J a n u a ry o r J u ly. See V . 64, p. 706.
Ge n e r a l F inances .—L oa n s and b ills p a y a b le D ec. 3 1, 1 89 6 , w e r e
$ 3 9 9 ,5 3 3 , b u t in M a rch , 1 89 7 , $ 3 ,0 0 0 ,0 0 0 o f 6 p e r c e n t deb en tu res
w ere a u th orized to fu n d t s e floa tin g d eb t a n d f o r fu tu r e ca p ita l r e ­
quirem ents. I n A p r il, h o w e v e r, n o d eb en tu res h a d b e e n issu ed. V.
64, p 329.
E a r n in g s .—8 m ouths, < 1 8 9 6 -7 ......... gross, $ 2 ,2 8 1 ,2 0 4 ; n et, $ 7 7 3 ,3 6 1
J u ly 1 to F eb . 28.
(1 8 9 5 -6 ......... gross, 2 ,1 1 1 ,2 0 1 ; n e t, 6 4 3 ,14 6
S urplus o v e r ch arges fo r s ix m ou th s e n d in g D eo. 3 1 ,1 8 9 6 , $ 17 6 ,0 3 6 ,
a g a in st $ 6 9 ,9 2 3 In 1895.
A n n u a l R e p o r t .—F isc a l y e a r end s J u n e 30. T h e anicual m e e tin g is
held a t N e w Y o r k o n th e th ird M on d a y in N ov em b er. T h e r e p o r t f o r
1895-96 w a s g iv e n in V. 63, p . 7 5 2 , 7 5 5 ; see also rem a rk s p . 731 . I n
189 5 -9 6 ca rried 2 ,4 3 3 ,1 6 5 ton s o f b itu m in ou s co a l (ou t o f 3 ,7 7 5 ,5 0 1
to ta l to n s o f fr e ig h t m o v e d ), a g a in s t 2 ,5 3 5 ,0 0 8 in 189 4 -9 5.
T ea r en d . J u n e 3 0 —
1896.
1895.
1 894.
1 893.
G ross ea rn in g s.............$ 3 ,1 4 1 ,8 8 9 $ 3 ,0 2 8 ,2 1 6 $ 2 ,7 8 0 ,2 3 7 $ 3 ,3 0 8 ,7 4 0
N e t e a r n in g s .............. $ 8 5 6 ,9 7 6
$ 7 5 6 ,9 2 7
$ 6 2 9 ,8 1 1
$ 8 5 7 ,2 3 5
O ther In com e................
3 7 ,8 8 9
3 8 ,2 2 5
39,5 88
4 5 ,7 2 4

E a r n i n g s .— c
C ross.
N et.
C harges.
B a.l.,sur.
8 m o 8 „ J u ly J 1 8 9 6 -7 ....$ 3 8 1 ,7 3 3
$ 1 9 7 ,8 9 0
$ 1 0 1 ,7 9 2
$ 9 6 ,0 9 8
1 to F e b . 28. ( 1 8 9 5 - 6 .... 3 2 5 ,8 7 9
1 5 2 ,3 1 4
9 4 ,9 5 0
5 7 ,3 6 4
A n n u a l R e t o r t .— S ix t y t w o m ile s o p e n e d f o r b u sin e ss O ot. 1 ,
1 8 9 3 ; 13 m iles a d d itio n a l in O ct., 1 8 9 4 , an d 3 7 m ile s O ct., 1 8 9 5 . F i s c a l
y e a r end s J u n e 3 0. T h e a n n u al r e p o r t f o r 1 8 9 5 -9 6 w a s i n V . 63, p ,
1 1 5 5 , s h o w in g : G ro ss, $ 4 8 7 ,8 4 4 ; n e t, $ 2 1 7 ,7 4 6 ; In te re st, $ 6 4 ,2 1 5 ;
s in k in g fu n d , $ 7 8 ,9 2 1 ; re n ta ls, $ 1 ,1 2 5 ; b a la n c e , su rp lu s, $ 7 0 ,4 8 5 . In
1 8 9 4 -9 5 g r o ss , $ 3 5 3 ,8 3 2 ; n e t, $ 1 4 0 , 3 5 5 . - (V. 6 3 , p . 1 1 5 4 . )
B u r l i n g t o n C e d a r R a p i d s Sc N o r t h e r n R y . —O p e r a t e s :
L in e s ow n ed i n feeL ea sed — A ll sto ck ow n ed—
B u rlin g to n , la ., to S ta te L in e,
I o w a C ity A W e ste rn R R .,
M inn, (in clu d in g 11 m ile s
I o w a C ity t o W h a t C heer, A c.
75
le a s e d )............................................ 241 C ed ar R a p id s , I . F . A N . W ,,
S tate L in e t o A lb e r t L ea , M inn.
H o lla n d , la ., t o W a te rto w n ,
(le a s e d ).......................................... 12
So. D a k ., A c .............................. 4 9 3
B ra n ch es o w n e d t o P o s tv ille ,
Ced. R a p . A C lin to n R R ,, A c . 111
R iv e rs id e , H o lla n d a n d D a v ­
e n p o r t ........................................
2 0 4 T o ta l o p e ra te d J a n . 1 ,1 8 9 6 .1 ,1 3 0
H i s t o r y .— S u cce sso r t o th e B u r lin g to n C ed ar R a p id s A M in n e so ta
R R . C o., fo re clo s e d J u n e 2 2 ,1 8 7 6 . L e a se s in p e r p e t u it y th e I o w a C ity
A W e ste rn a n d C ed ar R a p id s I o w a F a lls A N o rth w e s te rn , C e d a r R a p id s
& C lin to n an d C h ica go D e co ra h & M in n e so ta ra ilw a y s .
St o c k .—A u th o riz e d , $ 3 0 ,0 0 0 ,0 0 0 ; o u ts ta n d in g , $ 5 ,5 0 0 ,0 0 0 ; p a r, $ 1 0 0
T h e R o c k Isla n d Co. Is u n d e rs to o d t o b e a la r g e s to ck h o ld e r.
D iv id e n d s —
51893.
1894.
1895.
1896.
1897.
P e r ce n t.
( 3 .
3.
3
4
F eb. 2 p . o.
B o n d s .— Io w a C ity & W estern b o n d s f o r $ 5 8 4 ,0 0 0 w e r e p a id M a rc h
1, 1 8 9 6 , an d c o n s o ls o f 1 8 8 4 w e re issu ed . V. 6 2, p . 39.
C ed a r
Rapid-s I. F . < N . W. b o n d s a re g u a ra n te e d , p r in c ip a l a n d in te re s t,
fa n d so en d o rse d ; th e 6s a re s u b je ct t o c a ll a t 1 0 5 ; o f th e 5 p e r
ce n ts o f 1 88 1 $ 8 2 5 ,0 0 0 a re r e s e rv e d t o r e tire t h e 6s a n d c e r ta in o th e rs
a re d e p o site d as co lla te r a l u n d e r th e B . C. R . A N. c o n s o l, m o rt. T h e re
a re a lso 5 p e r ce n ts Issued u n d e r a $ 1 0 ,0 0 0 ,0 0 0 m o r tg a g e o f 1 8 8 4 ,
w h ic h a re a ll d e p o site d u n d e r B . C. R . A N. m o rtg a g e o f 1 934.
O f th e B. 0 , R . < N . 5s o /1 8 8 4 (C e n tra lT r u s t C o., T ru ste e ), b o n d s a re
&
re s e rv e d t o re tire , If d e e m e d b e s t, a ll p rio r a n d d iv is io n a l b o n d s. F o r
e x te n s io n s b o n d s m a y b e issu ed a t $ 1 5 ,0 0 0 p e r m ile f o r s in g le a n d $ 7,5 0 0 p e r m ile f o r s e co n d t r a c k , th e t o ta l a u th o r, issu e n o t b e in g lim ite d .
M in n ea p o lis & St. L o u is b o n d s d u e J u n e , 1 9 2 7 , n u m b e re d f r o m 1 ,1 0 1
to 1 ,4 0 0 , f o r $ 5 0 0 e a ch ($ 1 5 0 ,0 0 0 in a ll), h a v e b e e n a ssu m ed .
E a r n i n g s .— 2 m o n th s , ( 1 8 9 7 ............. G ross, $ 6 0 9 ,4 0 8 ; n e t, $ 2 3 2 ,2 6 7
J a n . 1 t o F e b . 2 8.
$ 1 8 9 6 ............. G ro ss, 7 4 3 ,9 4 5 ; n e t, 2 7 6 ,0 2 0
A n n u a l R e p o r t . —F is c a l y e a r e n d s D e c e m b e r 3 1. A n n u a l m e e tin g
is h e ld la s t o n T u e s d a y in M a y. R e p o r t f o r 1 8 9 5 w a s in V . 62, p . 866 .
I n 1 89 8 , g ro ss , $ 4 ,4 5 0 ,0 3 4 ; n e t, $ 1 ,0 8 3 ,3 0 4 .
T ea r e n d in g D ec. 3 1 — 1 8 9 5 .
1894,
1893.
1 89 2 .
M iles o p e r a te d ..........
1 ,1 3 6
1 ,1 3 4
1 ,1 3 4
1 ,0 9 0
P a sse n g e r e a rn in g s. $ 8 7 4 ,8 6 7
$ 8 3 1 ,7 7 0
$ 9 7 3 ,8 1 5
$ 9 3 8 ,5 1 4
F re ig h t........................ 3 ,4 3 9 .8 6 8
2 ,7 3 7 ,6 8 1
3 ,0 8 4 ,4 8 1
3 ,2 4 9 ,8 1 8
M ail, e x p r e s s , & c - ..
1 8 9 ,5 9 9
------“
-----------1 7 9 ,3 7 8
1 6 6 ,4 5 8
1 6 6 ,4 5 7

T o t a l g ro ss e a m s .$ 4 ,5 0 4 ,3 3 2
N et e a rn in g s ..........$ 1 ,4 5 4 ,3 7 2
P»e. o p .e x p .t o e a r n s .
(67-71)
O ther r e c e ip t s ..........
4 9 ,4 8 0

$ 3 ,7 4 8 ,8 2 9
$ 1 ,0 2 6 ,6 1 2
(72-61)
3 7 ,1 9 7

$ 4 ,2 2 4 ,7 5 4
$ 1 ,1 4 6 ,3 1 9
(72-86)
3 6 ,9 4 9

$ 4 ,3 5 4 ,7 8 9
$ 1 ,1 6 1 ,6 4 8
(73-32)
2 2 ,9 2 2

T o ta l re c e ip ts ........
In terest o n b o n d s ___
Int, on floa tin g d e b t ..
R e n t a l s ..........................

T o ta l n e t i n c o m e .. $ 1 ,5 0 3 ,8 5 2
In terest o n d e b t ........
8 1 1 ,0 8 0

$ 1 ,0 6 3 ,8 0 9
8 1 1 ,2 8 0

$ 1 ,1 8 3 ,2 6 8
8 1 0 ,6 8 0

$ 1 ,1 8 4 ,5 7 0
7 8 8 ,1 8 0

$ 3 7 2 ,5 8 8
$ 3 2 3 ,2 8 1
$ 2 7 9 ,1 9 7

$ 3 9 6 ,3 9 0
$ 3 3 2 ,2 5 9
$ 8 1 1 ,6 3 4

$ 8 9 4 ,8 6 5
$ 6 0 3 ,9 0 1
4 5 ,8 6 0
1 2 7 ,4 6 0

$ 7 9 5 ,1 5 2
$ 5 9 6 ,2 7 2
31,2 51
1 2 4 ,9 6 0

$ 6 6 9 ,3 9 9
$ 5 9 4 ,3 6 8
3 0 ,1 2 6
1 2 3 ,9 3 2

$ 9 0 2 ,9 5 9
$ 5 5 4 ,2 4 7
24,0 29
7 2 ,9 8 1

— ( y ne i " p ‘ ‘>33’ 329 *706 ) 1 7 ,6 4 4 sl‘ -$ 4 3 ’ 6 69 d e f.$ 7 9 ,0 2 7 sr.$ 2 5 1 ,7 0 2
B u f f a l o Sc S o u t h w e s t e r n B B — N o v ., 1 8 9 5 , m erg ed in Erie R R .
B u f f a l o Sc S u s q u e h a n n a B E .—O w ns fr o m Iteatin g S um m it,
o n th e W estern N ew Y o r k A P en n sy lv a n ia R R ,, t o A n so n ia
P a ., o n th e F a ll B rook R R . , 0 2 m iles; G a leton to W ellsville, on E rie
R E ,, 3 / m iles, w ith b ra n ch es 13 m ile s ; tota l, 112 m ile s ; tra ck a g e o n
F a il B ro o k R y ., 13 m ile s ; t o ta l op e ra te d , 155 m iles. T h e roa d passes
v ia c o n n e ctin g lines,
C a p i t a i. S t o c k is $ 2,0 00 ,0 0 0 . J a nuary, 1 8 9 5 , p a id d iv id e n d o f 4 p. c „
a n d In J a n u a ry , 1896, p a id 5 p. e.; J a n ., 1897, 5 p. o.
B o n d s .—Mo rtg a g e 1* f o r $ 2 ,0 0 0 ,0 0 0 (M ercan tile T ru st Co., Trustee).
S ee a b s tra ct m V. a 7, p . 639 , an d a p p lica tion to th e N. Y . S tock
E x ch a n g e in V, 58, x>. 1036. B ond s ca n n o t b e issued to ex c e e d $ 15 ,00 0
n t 'a V S o ?
a? d 'r ^ P P e d . . T he m o rtg a g e is also a lien
on a b o u t 8 9 ,3 9 4 aei es o f tim b er la n d s, estim a ted as w orth $ 1,7 00 ,0 0 0 .
T he sin k in g fu n d w ill retire ea ch y e a r as m a n y b on d s as In d ica ted b y
d iv id in g to ta l o u ts ta n d in g b y th e n u m b er o f y ea rs th e b o n d s h a v e v e t
to run, p u rch a sa b le In the o p e n m ark et, o r s u b je ct to ca ll a t p a r in
o rd e r ot n u m bers b e gin n in g w ith th e highest. On N. Y . S tock
E x ch a n g e a m ou n t listed to J a n ., 1 89 7 , $ 1,4 7 0 ,0 0 0 , o f w h ich $181 000
retired b y .si nisin g fu n d, le a v in g $ ,2 8 9 ,0 0 0 ou tsta n d in g .
*
’

1

S urplus o v e r i n t ..
A d d ca sh a sse ts........
D e d u ct im p ts ., & o ...

$ 6 9 2 ,7 7 2
$ 3 3 5 ,3 7 4
$ 2 9 8 ,2 4 0

$ 2 5 2 ,5 2 9
$ 3 3 3 ,6 0 1
$ 1 7 1 ,9 9 8

B a la n c e f o r y e a r .,s u r .$ 7 2 9 ,9 0 6 su r.$ 4 1 4 ,1 3 2 s r.$ 4 1 6 ,6 7 2 d e f.$ 8 2 ,9 8 5
-< V . 6 0 , p. 8 3 4 , 8 7 1 ; V. 61, p . 7 4 9 ; V . 6 2, p . 3 9 , 5 0 1 , 8 0 6 . )
B u t t e A n a c o n d a Sc P a c i f i c R y . —C o m p le te d fr o m B u tte v ia A n a
e o n d a , M on t,, t o th e B itte r R o o t R iv e r , 4 0 m ile s. O p e ra te d In D e c e m b e r
1 8 9 6 , B u tte t o A n a co n d a , *26 m ile s . B o n d s w e r e a u th o riz e d at
$ 4 0 ,0 0 0 p e r m ile. On J u n e 30, 1 89 5 , th e G r e a t N o rth e rn o w n e d
$ 1 9 0 ,0 0 0 s t o c k a n d $ 1 ,0 0 0 ,0 0 0 o u t o f $ 1 ,9 5 0 ,0 0 0 o f b o n d s an d the
A n a c o n d a C o p p e r M in in g Co. $ 5 1 0 ,0 0 0 s to c k .
F o r y e a r e n d in g J u n e 3 0 ,1 8 9 6 , g r o s s e a rn in g s w e r e $ 9 3 2 ,1 8 5 ; n et,
$ 5 5 8 ,3 5 9 , a g a in s t $ 3 7 4 ,5 3 0 in 1 8 9 4 -9 5 ; c h a r g e s , $ 1 0 0 ,2 3 3.
C a l g a r y Sc E d m o n t o n R y . —O w n s fr o m C a lg a ry n o r th e r ly to
E d m o n to n , 1 91 m ile s , an d s o u th e r ly t o F o r t M c L e o d , 104 m iles.
L e a se d a t c o s t o f o p e r a tin g J u ly 1 ,1 8 9 6 , l o r 5 y e a rs t o C an. P a cific, V,
6 2, p . 1 08 6 . T h e G o v e rn m e n t s u b sid y (o f £ 1 6 ,0 0 0 p e r a n n u m f o r 20
y e a rs ) and t o ta l n e t e a rn in g s w ill b e a p p lic a b le to p a y m e n t o f in ­
te re s t, th e b a la n c e o f a n y c o u p o n to r e c e iv e s c r ip —r e d e e m a b le o u t o f
s u rp lu s ea rn in g s. O n J a n u a ry , 1 8 9 7 , c o u p o n 1 p . e. w a s p a id in cash.
T h e la n d g r a n t w a s 1 ,8 8 8 ,4 4 8 a cre s , o f w h ich 4 0 7 ,4 0 2 a cre s u n so ld was
h e ld (O ct., 1 896,) b y G o v e rn m e n t a g a in s t su b sid y . S to e k $ 1 ,0 0 0 ,0 0 0 :
p a r $ 1 0 0 .—V. 6 2, p . bjS, 1 0 3 9 , 1086.
C a l i f o r u i a & N e v a d a R R . —See V . 6 3, p . 29.
C a l i f o r n i a P a c i f i c R y . —O w ns f r o m V a lle jo , C al., to S acra m en to:
Cal, SO m iles; b ra n oh es t o C alistoga, A c.. 5 4 m iles: to ta l, 1 1 4 m iles. In

RAILROAD

A pr il , 1897. J

STOCKS

A T BONDS.
JS D

19

s u b sc rib e r * w i ll co n fe r a g r e a t fa v o r b y g i v in g im m e d ia t e n o tic e o f a n y e r r o r d isc o v e re d In these T a b le s .

si......
.

...in--.,

R A IL R O A D S .

~— ~ — —
~

—— ----------

R on d s—P r in c i­
....
! i
IN T E R E S T O R D IV ID E N D S .
■ I M iles D stG i S ize, o r
p al,W h en D u e.
A m ount
R a te p e r W hen 'W h ere P a y a b le , and b y S locks—L a st
o f | o f 1 Par
O u tstan d in g
R o a d , B o n d s V a lu e.
C ent. 'P a y a b le
W hom .
D iv id e n d .

For e x p la n a tio n o f co lu m n h ea d in gs, &e., see n otes
o n first p a g e o f ta b les.

------- ----------------- — ----- ---------—
—
----- •
-----—“ i ■
—— !--- -—f------—

Canada Atlantic— S tock ($1,000,000 is p r e f .) . . . . . . .
1st mortgage, gold (see V. 62, p .2 7 7JL. . . ------ jS£
C ^ W i ^ - l » f c ^ ^ 'r 6 i '. p : 8 3 8
Canada Southern—S to c k ..................................................

1st m ortgage for $14,000,000. See V, 63. p. 188.
2d M. for $6,000,000. Canad’n m oney. Do.do.cAr
Learn. * St. C lairlst M., gold, g u „ p. A ttend)— o '
C a n a d ia n P a c i f i c —Stock (Sec te x t)....... ...............
Pref. stock for $8,000,000, non-cum. (See text) ..r
Can.O a t . RK. Islan d 2dm orte.,lstM .s.f..dr.at 105
Quebec Prov. due on Q. M . O. A Q. and S'. 8. RRCan. Pacific, land m ort, gold (redeem at 110) —
1st m ortgage debenture sterling..........................3,
1st mort. on A lgom a Branch, gold ............... e*Ar
Land grant bonds, int. gu. by Can. G ov’ t. ..e ’ Ar
Consolidated perpetual debenture sto ck ....... ..
PatsctPAt, S ecurities o f L easki> L ikes .
Manitoba S. W. Col. R’y *12,000 p .in ., Int. guar.g
A t l a n t i c & N o r t h w e s t — let m o r t , gold. g u a r .- C 'A r
North Shore By.—1st M. C. P. own* $610,767...
St. Lawrence & Ottawa—1st m ort., gold, see text
Ontario A Quebec stock guaranteed in perpetuity
Out. A Que. deben.. Interest guar, in p e rp etu ity,.
Toronto Grey A Bruce, 1 s t JL. g o l d , int. as rental. :
S ew R r»!i.-»ick R y .lst 5L,gol<l,lnt.from reutaL c'
Perpetual consol, debent, stock, hit. guar..........
Cape F ea r <t Y a d k in Yal.— 1st M.,series A,goid.<;‘ xr
1st M „ Ser. "B , ’ gold (2d on 233 m .)...............e*xr
1st
series C .gold (2d m ore on 225 m lle s .).c'ir
Consol, m o r t , $15,000 p er mile, g old ............ e'AT
8. Car.Pao. (leased) 1st M B to to line to Beimettsv,

*

138

1 889

456
404
404
14 :

....
100
1 87 8 , 1 ,000
1 88 3 1 ,0 0 0 A c
1 89 5 ; 1 ,0 0 0

100
269
370
....
,221
183
....
....

79 ’80 £ 1 0 0 Ac
’8 2 -’S3
1881 5 0 0 Ac.
i 1 885 :£ 1 0 0 A c
j 1 888 £ 1 0 0 A c
1 888 £ 1 0 0 A c
, 1889

iei

1883

!

C a n a d a S o u t h e r n I l f . —<Her. H a p Wew Y ork C entra l it I tu d to n R.
m jmmdd .)— R o a o — M ain lin e fr o m S u sp en sion B rid g e sta tio n . In clu d ­
ing th e C a n tile v er B rid ge to W in d sor, O u t , 2 2 6 ■
lilies; lira in; he* t o
iOjUrtrtght, t in t ,,e t c ., 231 m ile*; to ta l, 4 5 7 m ile*, o f w h ich 9 # m ile* are
Trackage, SL Thomas to

London, O u t., IS m iles. D ou b le tra ck , 9 3 m ile*.
OkdAKlZATlOW. OOSTBAOTS, E m —T h e C om p a n y w as ch a rte re d in
p a n w la F eb ru a ry 2 8 ,1 8 6 8 . an d d e b t readju sted in 1878- In N ov., 1 802,
» Close co n tr a c t w a » m a d e w ith the M ich ig a n C en tra l for 21 years
’ com Jan uary 1 ,1 4 8 3 . p ro v id in g fo r th e p a y m e n t t o C an ad a S outhern
i f one-third th e Joint Incom e o v e r a ll fix e d ch argee. The co n tr a c t

provided for a ^ a p p o rtio n m e n t every five years, and In December,
1892. it was agreed to give the Canada Southern 40 per cent and the
Mich. Cent, 60 per cent o f the first $1,000,000 o f net earnings, any
amount over that to be divided on the basis o f one-third and two-tiilrds,
i* b efore. B ut u n d er th e o rig in a l co n tr a c t e a ch co m p a n y was a c c o r d e d

ill benefit to accrue from redaction in It* fixed charges. The Michigan
A n tr a l to J a s . 1, I s 90, had red u ced It* ch a rg e* $ 3 1 9 ,2 0 0 ; th e C an ada

’94
3

F e b . 1 ,’ 9 7 ,1 %
J an . 1, 1 90 8
M eh. 1, 1 91 3
O ct, 1, 1 94 5
A p r. 1 ,'9 7 ,1 %

’95

2Q

iK W

M a r .l, 1 9 0 4 -0 6
O c t 1, 1931
J u ly 1, 1 915
J u ly 1, 1 93 7
J u ly 1, 1938
Irre d e e m a b le .

g. J. A D . If. Y ., 59 W a ll A L on d on ; J u n e X, 1 93 4
g. J. & J . L o n d o n , B a r in g B . A Co. Jan . 1 , 1 937
A. A O.
do
do
A p r. 2 0 ,1 9 0 4
4
, .A O .;C an. P a c. office, L o n d o n .' B ee t e x t
an. J. A D .1M o n tr e a l a n d L o n d o n . ! D e o ., *96, 3%
J . A D . L o n d o n , M orton , R ose. Irred eem a ble.
g. J. A J.) T o ro n to a n d L o n d o n .
J u ly 2 6, 2 88 2
g. F . A A .
L ondon ,
A ng. 1, 1 93 4
J . A J.
do
Irred eem a ble.
g. J. A D . D e o .,’ 9 3, co u p , p a r c h 'd J u n e 1, 1 9 1 6
g. J. A D .
do
do
June 1, 1916
g. J. A D .
do
do
J u n e 1, 1 91 6
g. A . A O.
do
do
O ct. 1, 1 91 9
A . A O.
O ct. 1, 1 914

151

I

C a m b r i a A C l e a r f i e l d R B , - I a o p e ra tio n fro m C resson t o G len
C am pbell
J u n c tio n ,
-48
m il e s ;
b ra n ch es, 4 9
t n lie a ;
tota l,
9 7 m iles.
S t o c k -a u t h o r iz e d , $ 2 ,1 5 0 ,0 0 0
(p a r $ 5 0 ? ;
p a id
in
$ 1 ,3 0 0 ,5 5 0 a ll o w n e d By th e P e n n s y lv a n ia S R , C o., w h ich o p e ra te s
fit* p r o p e rty u n d er an a rra n g em en t term in a b le a t o p t io n o f cith e r
p a rty. N e t e a rn in g s a re p a id a* rental. A fu ll a b s tr a c t o f the m ortg a g e
was In V. 5 2 , p . 9 7 6 . In y e a r e n d in g D ee. 3 1 ,1 8 9 6 . gross. $ 3 2 6 ,“ 10;
net, $ 1 0 4 ,8 1 2 : In t. an d t a x e s , $ 6 9 ,1 6 1 ; b a la n c e o v e r in t. and ta x e s,
$ .,5 ,6 5 1. In 1 895 gross, $ 3 2 4 ,9 6 0 ; n et. $ 112.074.
C a m d e n A A t l a n t i c H i t . —S e b W e s t J e r s ET A SKA S u o r e .
C a m d e n A It u r l l u g t o n C o u n t * 14I t , —O w n s from C a m d en . .V. J .,
to P em berton . N .J ., 2 3 m ile*; b ra n ch , B u rlin gton , 5 , J ., to M ou n t H olly,
7 m ile * ; to ta l, 3 0 m ile*. O p era ted b y the P en n sy lv a n ia R a ilroa d ,
w h ich gu aran tee* 6 p e r c e n t o n s to c k . I n F eb ,, 1$ 9 7 , a u th o riz e d * 3 5 0 ,0 0 0 o f 4 p . e. g old
(m o r tg a g e truat.se, G ira rd i d le In s u r a n c e ,
A nnu ity A T r u s t C o ., P h ils.) to r e p la c e a lik e a m o u n t o f 0* w h ich m a­
ture, t F eb, l , 1397. L ea se ren ta l. * 4 4 .4 1 5 . S tock . $ 3 8 1 ,9 2 5 ; p a r * 2 5 .
D ividen d* In Jan . and J u ly , la 1 895 g r o w , $ 2 4 8 ,7 8 3 . n e t. * 1 0 ,0 2 2 ;
to i« * * e # , $ 3 4 ,3 9 3 , In 1 894 gross, * 2 5 2 ,0 7 0 ; n et, $ 7 2 ,3 4 2 ; p rofit
In 1 89 4 , $ 7 ,9 2 7 . (V , 6 4, p. 3 7 3 .)
C a n a d a A t l a n t i c B y . —O w n* O tta w a ,C a n a d a ,to L a cel!# , Q u ebec,
13$ m ile*, w ith b rid g e o v e r St, L a w re n ce ; tra ck a g e t o rtt. A lb a n s, 28
miles, Lease* to r 9 9 years, th e C en tra l Countlfe* U y., e x te n d in g from
Gian R obertson to fla w t e s b u r y . 31 m iles, a n d S ou th In d ia n to R o c k ­
land. 17 m il. *. T h e O tta w a A m p r to r A P a rry S ound K y „ b u ilt la the
interest o f th is co m p a n y fro m O tta w a to P a rry S ou n d , 2 6 0 m ile s , w a s
com p le te d la D e c e m b e r, 1 8 9 8 , b a t n o b o n d * find b een issu ed th ereon .
Trustee o f m o rtg a g e o f 1 88 9 I* F a rm ers’ L oan A T ru st C om p a n y ,
f r o c k , $ 2 ,0 0 0 ,0 0 0 co m m o n a n d $ 1 ,0 0 0 ,0 0 0 p referred , E a r s i k . su in
- e n d in g J a m 3 0 ,1 8 9 0 , g r o ss . $ 6 1 2 .9 0 3 ; net. $ 1 7 4 ,3 6 0 . [n 1894-5,
$ 5 9 3 ,7 7 8 ; n et, $ 1 7 8 ,1 0 4 . (V . 5 9 , p. 6 9 6 , ratal V 63, ;>. 8 79.)
C a n a d a M i c h i g a n A C h i c a g o . —B on d s w orth ies*. V, 6 2 , p . 8 3 0 .

93’
3

J an . 5. 1 9 0 9

F . A A . IN, Y „ G r. C ent. S ta tion .
J . A J . .V. Y ., U n io n T ru st Co.
M. & 8 .N . Y „ U n io n T ru st Co.
A . A O. M o n tre a l, B k. o f M on t.
A. A O. A Y ., 59 W all 8 t. & L on.
T,
A, A O. L o n d o n , C o .'s Ofiloe.
V ariou s
M on treal.
A . A O.
do
A . A 0 . M on treal,38.Y .o r L o n d 'n
J . A J. L o n d o n . B a rin g B . A Co.
J. & J .
do
do
J . & J.
do
do
J . A J. L o n d o n , C o m p 'y s office.

5
5
5
(6)
___ | ____
$100 1 $2,000,000 6 p e r
5
0
'ISfllBM £ 4£,0 1 7 .3 8 1
4
£100
7 9 ,0 0 0
174 1S84
5
£ 6 0 0 ,0 0 0
£100
4
£ 9 1 7 ,8 7 2
6
150
1 886 $ 1 ,0 0 0
1 .5 0 0 .0 0 0
73
1 38 6 1 ,0 0 0
6
7 3 4 .0 0 0
82
1886 1 ,0 0 0
6
8 2 0 .0 0 0
6
329
1 8 8 9 1 ,0 0 0
1,8 6 8,70 0
1 0% 1 884 1 0 0 AO,
1 0 4 ,6 0 0
6

N ovem ber, 1 8 8 6 , lea sed fo r 5 0 year* to S ou th ern P a cific C om panyI n 1 8 9 5 , g r o ss , f t ,0 7 0 ,3 5 0 ; n et, $ 4 3 0 ,4 6 7 ; ta x e s. $ 3 8 ,6 8 5 ; ren ta ls,
etc.. $ 1 7 ,6 4 0 ; ren ta l, $ 6 0 0 ,0 0 0 . loss to leasee, $ 2 1 9 ,8 5 8 . In 1 894,
gross, $ 1 ,2 4 0 ,7 3 5 ; n e t , $ 53 8 ,0 8 3 , L e s so r's a cco u n t, ren ta l, $ 6 0 0 ,0 0 0 ;
p a id in te re st, ate., $ 3 5 3 ,2 7 6 ; su rp lu s to lessor, $ 2 4 8 ,7 2 4 .

Southern not at all. V. 64, p, 5.
Divide sms.— 1888 ’89 ’00 ’91 ’92
Ones 1887.........2Q% 2Q
3Q 2Q 3

5 g. J. A J . ;N .Y .,B k .M o n t .,A M o n t.

1 5 .0 0 0 . 0 0 0 See te x t.
5
1 3 ,9 2 5 ,1 0 7
5 .6 5 0 .0 0 0
5
1 3 0 .0 0 0
4 g.
6 5 .0 0 0 .
000 te x t.
See
7 ,6 4 0 ,6 6 6 4 p e r an.
5 A 6
1 ,8 2 3 ,3 3 3
7 ,0 0 0 ,0 0 0 S ee t e x t
3 .4 2 3 .0 0 0
5 g.
3 4 ,9 9 8 ,6 3 3
o g.
3 .6 5 0 .0 0 0
5 g1 5 .0 0 0 .
0 0 0 Stag.
4 5 ,3 4 7 ,8 4 3

213 1 88 4 : 1,000 I 2 .5 4 4 .0 0 0
3 5 0 1 887 £ 1 0 0 A c £ 1 ,3 3 0 .0 0 0
2 0 5 i 1883
£ 1 0 0 , $ 6 1 6 ,1 2 0
*50 Ac
£200,000
59
1876

f

nominally owned by proprietory oompanle*.

$ 3 ,0 0 0 ,0 0 0
3 ,4 5 0 ,9 0 0 ;

1 ,0 0 0

................ . i 1,000

’96
’97
2Q Feb.,1%

: B o m s .—In te re st o n the 1st m o rtg a g e 1* g u a ra n teed b y the S o w Y ork
’c n tr a ltill 1 899 h u t eh* p r in c ip a l
n o t g u a ra n teed , v . 5 6, p, 696 ,

i « V, 63, p. 189, a* to oarrenoy In which bond* are payable.
A kwcai, R eport .—Figures for 1896 (In V. 63, p. 1155) showed
anada Bo. share o f earnings $2 96,0 00; other Income, $2 ,000 : dtvl-

iciid*, $ 3 3 7 .5 0 0 ; b a la n c e , d e ficit fo r y e a r, $ 3 9 ,5 0 0 . In 1 895 C an ad a
: nntheni sh a re w as $ 3 0 4 ,7 1 5 ; tota l surp lu s J a n , 1. 1997, $ 1 9 ,6 9 7 .
’or latest earnings see M ich igan Central.—( V. 6 1, p . 5.)
< a n a d l m t P a c i f i c U y . — R o a o —O w n a Mstii* co n tin e n ta l ra ilw a y
,rom M on treal to th e P a cific O cea n , m a d e n p a * fo llo w s :
lemireal to V an cou v er.. . . . . 2.905 r O p erated s e c t, o f ow n e rs . . . 7 7 6
’ inrh.-s .uid a u x ilia ries. ...1 .3 5 1 ; A ls o c o n tr o lle d b u t o p . « e p ,—
|ea»ed tin e*.. ...... ........... ........2 ,1 8 3 j T M lnn . at. P. A S au lt 4ir. 51.1,175
-ed jo in t ly .... ........................
5-5 j V D oin th S ou th 8. A A tla n t ic 584
r D u lu th S u p e rio r A W ........... 112
Total In traffic r e t u r n s ....... 6 ,4 7 6 j
TiSee e a ch c o ’ s sta tem en t.

DivtDESfJS— 1 ’ 83. *84.
C om m on p. c . 2 %
5
P re fe r re d p . c . )

'8 5 . '3 0 -’ 8 9. ’ 9 0 -’9 3 . ’ 9 4 . ’ 9 5 . '9 6 . '9 7 .
-1 3 y * rly
5 y ’r ly
5
0
2 ^ A p .l%
Issu e d in 1S91. 4 p . et. y e a r ly (2 A . A Q-).

B o n d s , D eiikn-t u r e St o c k , O c a m a x t e k o B o n d s , E m - In M ay,
1 88 8 , th e c o m p a n y relin q u ish ed It* e x c lu s iv e rig h t to o p e ra te In M ani­
to b a lin es to the In te rn a tio n a l B o u n d a ry , r e c e iv in g th e D o m in io n G o v ­
ern m en t g u a ra n tee o f Interest on $ 1 5 ,0 0 0 ,0 0 0 o f la n d b on d s T h ese
b o n d s a re a Men o n 1 5 ,4 4 4 ,2 0 0 a cre s o f la n d s u b je ct o n ly t o $ 3 ,4 2 6 ,0 0 0
la n d g ra n t b o n d s o f 1 80 1 . w h ich are red e e m a b le a t 110.
A s to con solid a ted d eb en tu re stack see Y . 6 3, p . 116 . F o r lis t o f
s e cu ritie s h eld a g a in st it D eo. 3 1, 189(1, see V. 6 4, p 521.
T h e Quebec P r o d u c t 5 p e r c e n t lo a n , m a tu rin g In 1 902 an d 1 9 0 4 , w a s
e x te n d e d In 1 89 4 a t 4 s « p er c e n t (a v e ra g e ra te ) p a y a b le In tw o eq u a l
Instalm ents M a tch 1 ,1 9 0 4 , a n d M a rch 1 ,1 9 0 6 .
In J u n e , 1890. co m p a n y agreed to guarantees th e p rin cip a l a n d In ter­
est o f $ 2 0 ,0 0 0 ,0 0 0 4 p e r cen t*, to b e issued b y th e D u lu th S outh S h ore
A A tla n tic; a lso 4 p er c e n t Interest o n b o m ls o f the M in n eap olis S t P aul
A S ault ate. M arie. (8 «e V. 50, p. 874 ; V. 5 1. p. 2 3 9 ; V. 5 2 , p. 6 0 8 .) O f
the Dili. 8. 8, A A t. co n so ls It o w n e d J an . 1, 1 896. $1 4 ,9 7 6,00 0 .
T o th e A tla n tic t Xorthnceil R ailroa d , cr o s s in g th e S tate o f M aine,
tne D om in ion fto v e ra m e n t gran t* a s u b sid y o f $ 1 8 6 ,0 0 0 p e r y e a r till
1 90 6 an d C an adian P a cific gu a ra n te e * th e b a la n c e o f Interest m o n e y .
A t L a tere o r e .( o tla iea b o n d s a re e n d orsed w ith th e C an ad ia n P aolflo’ B
a cce p ta n ce o f a B99 y e a r* ’ lease at a ren ta l su fficien t to p a y 4 p e r ce n t
, in te re st o n b o n d * , a n d th e b o n d h o ld e r* ’ a g re e m e n t t o a c c e p t in te re st
j a t 4 p e r ce n t (Instead o f 0 p e r ce n t na fo r m e r ly ), a n d t o re fra in fr o m
d e m a n d in g payment o f principal d u rin g co n tin u a n c e o f le a s e ; tho ma­
tu rity o f th e b on d * Is J u n e 1 5 ,1 9 1 0 .
T he New B ru n sw ick R a ilw a y co n s o lid a te d d e b e n tu re s to c k ha*
In terest gu a ra n te e d b y C. P .; interest o n th e first m o rtg a g e b o n d s,
th o u g h n o t gu a ra n te e d , le p aid o u t o f ren ta l u n d e r 9 9 0 r e a r lease.
L a u d s . —Land* u n sold D o c .3 1 ,1 8 9 6 , w ere 1 8 ,1 9 5 ,4 4 0 acre* o f C an­
a dian P acific gran t and 1 ,2 2 4 .8 4 2 stores o f M a n itob a .South W estern gra n t
an d 1 8 8 ,1 1 2 acre* o f C o lu m b ia a n d K o o t e n a y gran t. T o ta l sales in
1 89 8 w e r e 8 7 ,8 7 8 acre* fo r $ 3 0 8 ,9 2 8 ; In 1 895 w e re 6 1 ,0 7 6 a cres.

O eskral F ix a s o k * .—T he s to c k h o ld e rs at th e a n n u a l m e e tin g in A p r il,
1 897, A uthorized e x p e n d itu r e o f $ 2 ,3 3 6 ,7 3 6 d u rin g 1 89 7 fo r b rid g e s,
b a lla stin g , te rm in a ls, e q u ip m e n t, e tc . T h o s to c k h o ld e r* a U o a u iiiort ie d th e p u rch a se o f th e M o n tre a l A W e ste rn (7 0 m il e s - s e e V. 6 4 , p.
5 t 9 ) a n d the b u ild in g o f a li n o fr o m L e th b rid ge t o N e lso n , 3 2 5 m il e s ;
this lin e w ill g iv e a co n n e c tio n w ith th e S p o k a n e F a lls A N o rth e rn .
- V . 6 4, p . 7 5 2 .
E a r n ix o s .—2 m on th s, 1 1 8 9 7 ..O re#*, $ 2 ,5 8 5 ,0 1 8 ; n e t, $ 7 5 8 ,1 6 6
Jan . 1 to F eb . 2 8 .
4 1 8 9 0 ..G r o s s , < 2,800,051; n o t, 8 2 9 ,0 8 2
a x x c a l R eport . - F i s c a l y e a r en d s D eo. 31. A n n u a l m e e tin g is h e ld
a t M o n tre a l o n the first W ed n esd a y tn A p ril. T h e r e p o rt f o r 1 89 6 In
fa ll w a s In V. 6-4, p . 5 1 2 , 519 . S ee a lso e d ito r ia l p . 491 .
Y ea r en d in g D ec. 31.
1896.
1 895.
1894.
M iles o p e ra te d D e ce m b e r 3 1 . .
6 ,4 7 0
0 ,4 4 4
0 ,3 4 4
P assenger e a rn in g s ..................... * 4 .8 2 0 ,1 4 3
$ 4 ,0 8 3 ,1 3 8
$ 4 ,8 4 0 ,4 1 2
F r e i g h t .......................................... 1 3 ,1 8 7 ,5 0 0 . 1 1 ,8 7 7 ,8 3 2
1 1,4 4 5 ,3 7 8
Vfa ll,e x p r’ ssa n d m iscella n eou s 2 ,0 7 3 ,8 0 4
2 ,3 8 0 ,0 4 7
2 ,4 6 6 ,3 7 7

T o ta l e a r n i n g s .................... $ 2 0 ,6 8 1 ,5 9 7
0 0 -SO
P e r o t , o f o p e r. e x p . t o ea rn ’ gs.
N et e a rn in g s ................................ $ 8 ,1 0 7 ,5 8 2
In terest r e c e iv e d ............ ..........
5 1 1 ,1 6 5

$ 1 8 ,0 4 1 ,0 3 7
6 0-5 0
$7,4.80,952
5 5 2 ,9 1 2

$ 1 8 ,7 5 2 ,1 6 7
65-75
$ 6 ,4 2 3 ,3 0 8
3 3 3 ,8 2 6

$ 8 ,6 1 8 ,7 4 7
6 .7 0 8 ,0 8 4
2 0 3 ,8 9 0
1 ,6 1 2 ,9 4 6

$ 8 ,0 3 3 ,8 0 4
$ 0 ,6 5 9 ,4 7 8

* 6 ,7 5 7 ,1 3 4
$ 6 ,5 8 9 ,3 7 9
6 9 4 ,4 8 7
1 ,8 8 1 ,9 0 0

F ix e d c h a r g e * .............................
D iv id e n d s ......................................

1 ,2 3 1 ,9 0 0

B a la n ce ................................sur. $ 9 3 ,8 2 7 s u r.$ 1 4 2 ,4 2 6 d f.$ 2 ,4 0 8 ,6 9 2
—V. 6 4 , p . 3 2 9 , 1 2 4 ,4 6 5 ,4 9 1 , 5 1 2 , 5 1 9 , 7 5 2 .

C a p e F e a r & Y a d k i n V a l l e y K y , — In o p e ra tio n fro m W ilm in g ­
ton, K. 0 : to M ount A ir y , 2 4 9 m ile s ; b ra n ch es to B enoettevtU e.etc. >
9 0 in.; to ta l, 3 3 8 m iles, o f w h ich 10 in. leased. M o stly 5 0 -p o u n d ste e lK bckiver .— Mar. 3 1 ,1 8 9 4 , Gen. J o h n G ill w a s a p p o in te d r e c e iv e r.
D e c re e fo r sale o f p ro p e rty a s a w h o le sig n e d A p ril 2; u p s e t p r ic e $ 2 ,0 0 0 .0 0 0 . - V . 6 4 , p. 063 , 706 .
COw mittbes .—F irsf M ortgage B a ltim o re Com m ittee— W. If. B la ck fo rd ,
W. U. P e ro t, John A. T o m p k in s, F ra n k T . R e d w o o d , B asil B. G ord on
am i J. W . M ld d cn d o rf: d e p o sita rie s, M erca n tile T ru st & D e p o s it C o. o f
B a ltim ore o r F a rm ers’ Loan A T ru st C o., N. Y . V. 5 8 , p . 1034.
IltSTORT, Etc .—Incorporated Feb. 18.1881, under charter from Do
F irst M ortgage " S eries A " —the H e>r Y o rk C om m ittee.—C. A . Low-,
iiuon of Canada, receiving $25,000,000 In cash aa a subsidy, also G e o rg e F. B a k e r an d W illiam E, S tr o n g rep resent, " S e r ie s A ” b on d *
1.000. 0 0 0 acre* o f land, atl to b e fit fo r settlem en t. The O n tario as d istin g u ish e d fro m th e se p a ra te a n d c o n flic t in g in terests o f “ S ocles
Q uebec, M on treal to T o r o n to J u n c tio n , 3 3 4 m ile*, w a s lea sed In 1883 B and C, a n d in J a n u a ry , 1 8 0 8 . o ffe re d to p u rch a se " S e r ie s B ” b on d s
*r 999 yea rs, an d Its s to c k a n d b on d s gu a ra n teed . In J u ly , 1 8 9 0 ,1 a t 5 0 ce n t* o n the d o lta r an d ** C ” b o n d s a t 4 0 eent*.—V. 6 2, p . 3 9 .2 7 7 .
A*ed tl»e New Brunswick Ry. for 990 yearn.
R eoro avizatio k P lans .—T h e p la n s o f th e tw o co m m itte e s w ereoom Stock.—T he com pany bought o f the Dominion Governm ent an annuared In V .G t, p. 1183, see a lso V. 6 1 , p . 8 3 0 and V. 0 2, p . 3 9 ,2 3 2 . T h o
a w -Y o rk p la n p ro v id e -' f o r a ren tal fro m th e S ou th ern R y. e q u a l to
v o f 3 p. c. p er annu m o n th e s to c k f o r the ten yea rs 1.884-1893, the
, * J h D n «n t h a v in g b e e n m a d e in A ugu st, m u.t. P re fe r re d s to c k fo r In terest o n a t le a st $ 1 ,5 0 0 ,0 0 0 b o n d s ; th e B a ltim o r e p la n su g g e sts an
1.000. 000, to bear 4 per cent Interest and be non cum ulatlvc, was au- in te re st g u a r a n ty b y th e S e a b o a rd A ir L in e o n all th e b o n d s to be is­
onxed by stockholder* M ay 1 0 ,1 8 9 3 , fo r Im p ro v e m e n t a n d eq u ip m en t. su e d , 1, e ., $ 3 ,9 0 0 ,0 0 0 .

S

INVESTORS’ SUPPLEMENT,

20

[V o l . L X 1V .

• S u bscriber* w i l l c o n f e r a " r e n t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b le s .
Jg&juis—P rin c i
IN T E R E S T O R D IV ID E N D S .
R A IL R O A D S .
M iles D a te Size, o r
p a l, W h en D u e
A m ou nt
of
P ar
R a te p er W hen W here P a y a b le , a n d b y Stocks—L a st
P o t e x p la n a tio n o f e idumn h eadings, & o., see notesj o f
O u tstan d in g
Cent.
P a ya b le
W hom .
R oad . B on d s Value.
D iv id en d .
o n Ur t p a g e o f tables.
C arolin a C rnfrni—1st m ortg a g e, gold (see le x t)..o *
S h elby D iv ision . 1st m o rb f$ 2 5 0 ,0 0 0 ).................. c
2d A 3 d M. ($ 1 ,5 0 0 ,0 0 0 e a ch ), g ., in c ., non -eu u i.ri
C ar. .f Curnberl. C ap—P rio r lien , cu r., red. a t p a r .c
C a rolin a M idland—Ji. A. A N . 1 st m o rtg a g e ......... c'
1M m ortga ge. $ 7 2 0 ,0 0 0 .................................................
C a rolin a d S orth w est.—C hester & I,., 1 st m ortga ge
1 st m ortga ge, $ 150,000 (see t e x t ) .....................
C a n o n ,t Ooloraao— l e t M . fo r $3,500,000,g.,s.f.o*& r
Carthage <f Aitir.—1st M. $ 1 ,6 0 0 ,0 0 0 g ..g u .p .M .o**r
C arthage W a ter.d -S a ck S a r —TstM . g.,gu .n .& i.en d .
O atam m m a > Fagelsmlle—Titihs. e x t ., g ., £ 8 ’ & ’ 9 3 .
(•
Oataseism—P te t. stock s, 5% gu. P. & R . R y. See text.

Mortgage b o n d s ..—

................................ ...........c

1st m ortg a g e im ortt. o f 1802 ex ten d , in 1 8 8 2 ).,r
Im p. ltd II, bds., den. b y P .A lt. u n d er S ubw .ugree,
CatsfclU M ountain—First, m o rtg a g e ........................
at in com e b o n d s ......................................................
Oauugu <■ Huso.—S tock , 9 p . o. ren ta l D. 1,. A \V.
£
Cent. Hr. T P .—l e t M. A toll, i f . P J i lt ., g o ld ....... c
J.
F und int. (m ort.) bda. (cou p, h eld In trust) g o ld .e
2d m ortgage (G ov ern m en t s u b s id y )..........................
Central M assachusetts—F r e t, s to c k (see t e x t )...........
1st m ortg a g e................................................................. c*
N ew bonds, $ 5 0 0 ,0 0 0 .....................................................
C entral X. T.cC Western— 1st m ort. $ 1,0 00 ,0 0 0 , g . . c '
Central Ohio—S tock ($ 41 1 ,5 5 0 o f this Is p referred ).
Con. 1st M. (for $ 2,8 3 0 ,0 0 0 ) n ow l s i l l e n , g o l d ,. c
C e n tr a l P a c i f i c —S tock f o r $ 6 8 ,0 0 0 ,0 0 0 ................... j
1st M ., ser. A , ext.. 1 89 5 , sttbj. to cull, g o ld , 5 s. > 1
Ser. B, C, D , e x t. '9 6 , suW oot to ca ll, g o ld , o s . j \
Series E, g .. old 6s e x t. ’ 9 6, s u b je c t to ca ll, o s .
Series F to I, in o lo siv e , g old (see t e x t ) .............

1

237
237
24

300
43
29
98
93
16

1881
1893
1881
1897
1888
1891
...
1897
1892
1892
1891
1 878
1 870
1882
1894
1885
1885

___
34
1 865
100
100
1879
100 '66-7-8
99
99
....
137
140
598

1 88 6
1895
1 892
1 88 6
5 1865
< 1 866
j 1807
} 1868

$ 1 ,0 0 0
1 ,0 0 0

1,000

500
500
1 ,0 0 0
600
1 ,000

1,000

1 ,0 0 0
1 ,000
50
5 0 0 &o.
500

....
___
30
1 ,0 0 0

1,000

1 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
50
1 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
1,000
1 ,0 0 0

Stock authorized, $ 3 ,0 0 0 ,0 0 0 ; ou tsta n d in g , $ 1 ,9 7 2 ,9 0 0
a n n u a l R e p o r t .—F isca l y ea r en d s .Tune 3 0. F o r 1 8 9 4 -9 5 gross,
$ 48 0 ,8 8 7 ; net, $ 7 7 ,4 2 3 ; ch arges, $ 2 0 7 ,4 6 0 ; b a la n ce, d eficit, $13 0 ,0 4 3 ,
In 1895*96, gross, $ 5 5 3 ,0 3 1 ; net, $ 8 5 ,0 2 1 ; ta x e s an d ren ts, $ 2 4 ,6 1 4
b a la n ce, $ 6 0 ,4 0 7 .— (V. 64, p . 4 1, 180 , 663 , 706.)

C a r o l i n a C e n t r a l M M .—O w ns fro m W ilm in g ton , N. C., t o R u th e r­
fo rd ton, N. C., 2 6 7 m iles, o f w h ich h> m iles (the w il. R . B rid ge) ow n e d
jo in tly . S old In foreclosu re M a y 3 1 ,1 8 8 0 . C on trolled b y S eaboard dr
R o a n ok e ana R aleigh & G aston. C ap ita l s to ck , $ 1 ,2 0 0 ,0 0 0 ; p a r, $100,
B onds.—In August,, 1 89 1 , th e S eaboard A ir L in e gu aran teed 4 p. c.
p e r annum fo r 5 y ea rs o n th e firsts, g iv in g n on -cu m . 5 p , c. in co m e
s crip fo r the rem a in in g 2 p . o . V. 5 9, p . 3 3 1 , 600. T h ere are also
$ 3 2 ,0 0 0 W ilm in gton R a ilw a y B rid ge 1 st m ort. b o n d s ($ 35 ,00 0 w e r e due
o n O c t o b e r l , 1 8 9 6 ), due Oct. 1, 1 897, gu aran teed b y C arolina C ent.,
W il. C ol. & A u g.a n d W il. & W eldon . A con sol, m ort. f o r $ 2 5 0 ,0 0 0 (5s,
194 3 .) u p o n the b rid g e w as au th orized in 1 89 3 to retire th e l e t s as th e y
m ature, ete. C urren t lia b ilities J u n e 3 0 ,1 8 9 6 (n et), $ 1 7 2 ,8 4 7
E arnings .—I n y e a r en d in g J u n e 3 0 ea rn in g s h a v e b e e n as fo llo w s :
Cross.
N et,
C harges.
B a la n ce.
1 8 9 5 -9 6 .................... $ 5 8 7 ,6 9 5
$ 1 8 5 ,1 3 8
$ 1 1 7 ,0 8 2
sur. $ 6 8 ,0 5 6
1 8 9 4 -9 5 .................... 5 0 8 ,00 1
9 4 ,7 5 8
1 1 3 ,6 4 2
def. 18,2 69
— (T. 58, p. 1 1 0 9 ; V . 5 9, p. 2 8, 228 , 331 , 600 .)

2

C a r o li n a A C u m b e r l a n d G a p l l y . —R o a d fr o m A ik en to E dgefield, S. C., 2 4 m ile s ; p ro je cte d t o A b b e v ille , 4 2 m iles a d d ition a l. " A
re o rga n iza tion J an , 1 ,1 8 9 7 , o f th e C arolin a C u m berland G a p & C h i­
c a g o , s o ld in fo re clo s u re in 1 896. C ap ita l s to ck , $ 3 4 0 ,0 0 0 ; p a r, $ 10 0 M ortg ag e is fo r $ 2 1 0 ,0 0 0 c u rre n c y b o n d s s ecu rin g $60,00(1 p rio r lien
5s and $ 1 5 0 ,0 0 0 in co m e b o n d s ; b o n d s are s u b je ct to ca ll a t par.
T rustee, A tla n tic T ru st C o., N ew Y o r k .— (V . 62, p . 1 1 7 6 ; V. 6 4, p . 81.)
C a r o l i n a M i d l a n d M y . —O w ns r o a d in o p e ra tio n fr o m A lle n ­
d a le, S. C ., t o S evern , S. C „ 55 m iles. S tock , $ 5 4 0 ,0 0 0 ; par, $ 100.
R o a d w a s lea sed J a n u a ry 1 7 ,1 8 9 6 , to th e G reen w ood A n d e rs o n &
W estern R y., b u t o n M a rch 4, 1897, th e lea se w a s su rren d ered and
th e M id lan d tu rn ed o v e r t o its officers.—Y . 63, p . 154 , 357.
C a r o l i n a A N o r t h w e s t e r n M y . —N a rrow ga u g e ro a d fro m
C hester.S. 0 ., to L e n o ir, N. C., 110 m iles, o f w h ich 10 m iles is tra ck a ge
A reorga n iza tion F eb ru a ry 2 8, 1897, o f tb e C hester & L en oir, sola in
fo re clo s u re . C apital s to c k . $ 3 5 0 ,0 0 0 ; p a r $ 5 0 M ortg a g e is f o r 8 4 5 0 000 , o f w h ich $ 7 5 ,0 0 0 a re to b e used t o b u ild a lin e fro m N ew ton to
H ick o ry , 9 m iles, n o w r a n o v e r S outhern R y , tra ck s , an d $ 1 1 0 ,0 0 0 are
re e e srv ed fo r the C h ester & L e n o ir $ 1 0 0 ,0 0 0 o f 7s. F o r y e a r e n d in g
J an . 3 1 ,1 8 9 7 , gross, $ 9 8 ,5 6 5 ; o p e ra tin g e x p en ses, t a x e s 'a n d b e t t e r
m e a ts , $ 7 0 ,5 5 2 ; n et, $ 2 8 ,0 1 3 . I n 1 895 96, gross, $ 9 6 ,7 9 4 ? n e t , $
,3 7 6 .—P resident, G . W . F. H arp er. (V. 64, p . 1 8 0 ).
’ ^ ’

24

C a r t ila g e A A d i r o n d a c k M y .— (See M a p N. T. C en tra l.)—O w ns
CArtlmge t o N ew ton F a lls, N ew Y o r k , 46 m iles. The en tire sto ck ,
f S 2 2 '< 0 ’ w ow n e d b y th e N ew A o rk C entral R R „ w h ich in A p ril
?0
1 8 9 3 , leased the p ro p e rty m p e rp e tu ity an d gu aran teed its $ 1 ,6 0 0 ,0 0 0
o f new 4 p e r cen ts, o f w h ich $ 5 0 0 ,0 0 0 w ere reserv ed fo r im p rovem en ts
o r e xten sion s If d esirab le, (V . 5 6, p . 502; V . 57, p . 218.)
c a r t i l a g e W a t e r t o w n A S a c K e t t ’ s H a r b o r M R __ (See Man
N. T. C entral.) —'Owns fr o m C arth age t o Saekott’ s H a r b o r , N. Y „ 2 9 rn U ef
C on trolled b y N. Y . C entral, w h ich o w n s $ 4 8 3 ,3 0 0 o f the s to c k and
gu aran tees the b on d s. L ea sed to R. W. & O. f o r 37k! p c o f
earnings. R en ta l in 189 5 -9 6, $ 3 7 ,4 2 1 ; in 1 8 9 4 -9 5, $ 3 6 7 6 4 Oatfitol
s to c k $ 4 6 5 ,8 4 5 com m on and $ 2 1 ,5 0 0 p referred
*
’
L a p ita l
C a t n w l s e a M M .—O w ns fro m T a m a n en d , P a ., t o W illia m sp ort, P a
9 3 im lcs, a n d bra n ch es. 10 m iles. R e le a se d D ec. 1
fa r
Z fa ti
t o P h ila d elp h ia A R ead in g Railway. R en tal, in terest on th e b om is 5
p. c. d ivid en d s o n th e p re fe rr e d s to c k , all ta x e s , an d $ 8 ,0 0 0 f o r
org an iza tion exp en ses. Bee also V. 63, p . 9 6 9 ,1 1 1 6 O f th e nrefArrod
s to ck s in 1 896 $ 2 ,2 0 0 ,0 0 0 w a s first p re fe rr e d a n d $ 1 ,0 0 0 ,0 0 0 secon d
p re fe rr e d and com m on w a s $ 1,1 59 ,5 0 0 ; p a r $50 . C om m on is e x c h a n g e
a b le u n til J u n e < ,1 8 9 7 , a t
33 p e r share o f c o m m o n , in to p refe rre d
s to ck r e c e iv in g a lso $1 p e r sh a re in ca s h . P re fe r re d s to c k m a y be
issued fo r b etterm en ts a n d Im provem en ts. B esid es b on d s as in ta b e
a rc d e p osited u n d er th e R e a d in g O o.’s g en era l m ortg a g e C h a ttel m o rt
gages. $ 1 2 2 ,9 5 0 ; d eb en tu re 7s o f 1917, $ 6 2 ,0 0 0 ,- V . 63, p . 9 24 ? 969
O a t s k i l l M o u n t a i n M -s t ilw n y .—O w ns narrow-g-rus-A rn ss
Ctttskill, u p t b e Catskill M ou ntain, to r a le n v ffle ,” Y , f l 6 S i l ^ M e ^ S
C airo R R ., C airo J u n c tio n t o C airo. N Y
m ile s - tntoi o o
R e o rga n iza tion a fter foreclosu re o f J u n e 1 5 ,1 8 8 5 ’ S tock S sq^ O O 8
-'
par, $ l 00. B o n d s .- - T here are a lso second incomes fo r $ 1 5 ’<500 6 n o'
F irst in com es h a ve o n e v o t e fo r ea ch $ 1 0 0 . E arnings .—Y ea r
-o f’
Ftofts, $ 5 6 ,9 8 6 ; n et, $ 1 6 ,5 7 7 ; surp lu s o v e r charges^
$1M r a :aon TldCIiai° n l s t in com es, $ 1 ,3 4 4 . In 1 8 9 4 5 gross $45 S fo ■

.1896

$2

4

isosfpiid

3xdy3l:

t o l u i a c a , IN. v . , 3 4 m ites. L ea sed d u rin g len g th o f ch arter a ^ r p i i a«■ '
t ilft w n f
tllA n n lu w a .0 T r,
S rm e0 f t0
V ela* a re L aclcaw aim a & W estern a t a r e n t a f o f
w
$ 5 4 ,6 0 0 a y ea r. U n d er term s o f lea se (w h ich ex p ire s Jm i lOOO t h i
S K ^ S i ? 2 5 S ^ n^
a t l0!l , t t W0
p r io r t o th e exm Y ation* o f
le a se shall an d w ill m a k e a p p lica tion to t lie le g is la tu r e o f th e S tate o f
N e w Y o r k f o r an e x te n s io n a n d r e n e w a l o f th e ch a rter ”
a ta te f

$ 2 ,0 0 0 ,0 0 0
1 5 2 ,0 0 0
3 ,0 0 0 ,0 0 0
6 0 ,0 0 0
1 5 0 ,0 0 0
5 7 0 ,0 0 0
1 0 0 ,0 0 0
2 6 5 ,0 0 0
2 ,0 0 0 ,0 0 0
1 ,1 0 0 ,0 0 0
3 0 0 ,0 0 0
1 3 5 ,0 0 0
S ee te x t.
1 ,3 0 0 ,0 0 0
2 3 0 ,5 0 0
5 0 0 ,0 0 0
5 0 ,0 0 0
2 3 8 ,0 0 0
5 8 9 ,1 1 0
1 ,6 0 0 ,0 0 0
6 3 0 ,0 0 0
1 ,6 0 0 ,0 0 0
3 ,9 4 9 ,1 0 2
2 ,0 0 0 ,0 0 0
1 0 0 ,0 0 0
2 4 2 ,0 0 0
2 ,8 6 0 ,0 4 8
2 ,5 0 0 ,0 0 0
6 7 ,2 7 5 ,5 0 0
2 ,9 9 5 ,0 0 0
3 ,3 8 3 ,0 0 0
3 ,9 9 7 ,0 0 0
1 5 .5 0 8 ,0 0 0

4 (6) g.
4 (6)
6 g.
5
6
6
7
5
4 g.
4 g.
5 g.
6 ft.
5 p e r an.
7
6
7
5
6
9 p e r an.
6 g.
7 g.
6
Iks i n ’ 96
5
5
5 g.
4LJS
1 p e r an.
5 (6) g.
o (6) g
5 (6) g.
6 K.

J.
J.
J.
J.
F.
A.
J.
M.
j.
j.
j.
J.
M.
F.
F.
F.
F.
F.
J.
M.
M.

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&

J.
J.
J.
J,
A.
0.
J.
N.
,i.
D.
j.
J.
N.
A.
A,
A.
A.
A.
J.
N,
N.

.....
A.
A.
J.
J.
M.
J.
J.
J.
J.
J.

&
&
<
fe
&
&
&
&
&
&
&

0,
O.
J.
J.
8.
.1.
J.
J.
J.
J.

See t e x t .
N . Y ,, A tla n t ic T r. Co.

I n d e fa u lt.
N e w Y o r k City.
N .Y .,G ra n d C en t.S ta t’ n
P lu la d e lp lu a , Pa.
P h ila d e lp h ia C o .'s office
P h ila .,P liiI. & R e a d . R y .
do
do
do
do
C’ sk ill.N .Y ., T a n .N l B k.
D iv id ’ d prl. J u ly 3 1 ,’ 96.
N ew Y o r k , 5 2 W all St.
N ov., ’ 9 3, co u p , la st pd.
V ov.. ’ 9 3 , co u p , la st nil.
U.S. T re a s., a t m aturity.

J u ly 1, 1 920
1 920
1 9 1 0 & 1915
J a n 1, 1 927
F e b . 1, 1908
O ct. 1, 1931
J u ly 1, 1 90 0
1 9 '7
J u ly 1, 1 941
D ec, 1, 1981
J u ly 1, 1931
J u ly l ' 1 898
D ’ c 18,’ 9 6 ,3 i* i
A u g . 1, 1 900
A u g, 2 ’ 1 902
,
A u g. 1, 1929
A u g . 1, 1 905
A u g. 1, 1 915
Jan ., 1 89 7 . 4*o

1 8 9 6 -1 8 9 8
D e c . 1 ,’ 9 6 , %%
Oot, 1, 1906
O ct. 1, 1 90 6
J an . 1, 1943
J a n ., 1 8 9 6 ,3%
S e p t.’ 96, p d . w h e n due. S ept. 1. 1 93 0
N .Y ., S .P a c.C o., 2 3 B r’ d. J an . 1 / 9 7 , H%
do
do
J an . 1, 189H
do
do
Jan.
, 1898
do
do
J a n . 1, 1898
do
do
J a n . 1, 1 898
B o s to n O ffioe & In t. Tr.
B o sto n , 53 S tate St.
N e w Y rk , 5 4 W a ll St.
ro

1

C e d a r P a l l s A M i n n e s o t a M M .—P u r ch a se d b y I llin o is C en tra l
a t fo re c lo s u r e sa le , 1 89 6 , an d m e rg e d in t o D u b u q u e & S io u x C ity .
C e n t r a l B r a n c h B n l o n P a c i i i c M y .—O w n s fr o m A t o h is o n .R a n .,
t o W aterv ille, K a n ., 1 0 0 m ile s ; lea ses A tc h is o n C o lo ra d o & P a cific,
m ile s ; A tc h is o n J e w e ll C o u n ty & W e stern , 3 3 m ile s ; t o ta l, 3 8 8 m iles.
O rgan ization ,—L e a se d t o M issou ri P a cific f o r 2 5 y e a rs fr o m Sept.
3 0 . 1 8 8 5 ; re n ta l, n e t ea rn in g s.
A c c o u n ts p a y a b le J an . 1 1896
$ 2 ,2 7 6 ,8 4 1 ; in terest o n G o v e rn m e n t lo a n a ccr u e d a n d u n p a id J a n l ’
1897, $ 2 ,1 3 1 ,6 6 0 ; p r in c ip a lis $ 1 ,6 0 0 ,0 0 0 , o f w h ich $ 6 4 0 ,0 0 0 w a s d u e
J a n . 1, 1 8 9 6 , $ 6 4 0 ,0 0 0 o n J a n . 1 ,1 8 9 7 , and $ 3 2 0 ,0 0 0 o n J an . 1, 1898.
M ay, 1 89 4 , an d su b se q u e n t co u p o n s rem a in un p aid ,
St o c k .—$ 1 ,0 0 0 ,0 0 0 (p a r, $ 1 0 0 ), o f w h ic h U n. P a e . o w n s $
,
.
B ondholders ’ Committee .—A . <a P. P. F irst 6s a n d C ent B r 7 s —
S im on B o rg , J am es M. H a m , E d w a r d H L a d d , J r ,, a n d G ilm e r C lapp
re q u e s t d e p o sits o f b o n d s w ith U n io n T ru st C o., N . Y . I n M a y 1896
a m a jo r it y o f tile b o n d s, e x c lu s iv e o f G o v e r n m e n t h o ld in g s , h a d been
d e p o site d .—V . 6 2, p . 588 , 9 0 8 . F o r e c lo s u r e p e n d in g .
Earnings .—On 100 miles. $ 1 8 9 7 ........ gross, $96,423; net, $48,613
J a n . 1 t o F e b , 2 8 —2 m o s. 1 1 8 9 8 ......... g r o ss , 6 8 ,0 8 2 ; n e t, 3 1 ,2 8 4
I n y e a r 1 8 9 6 g r o s s on th e 100 m ile s A tc h is o n & P ik e 's P e a k w e re
$ 4 4 5 ,9 2 1 ; n e t, !$ 2 0 9 ,5 8 8 . I n 1 89 5 g ro ss , $ 3 4 4 ,7 7 0 ; n e t, $ 1 0 5 ,4 0 0 .
k o r e a rn in g s o f le a se d lin e s see A tc b . C ol. & P a cific, (Y . 6 2 , p . 908 .)

255

874 200

C e n t r a l M a s s a c h u s e t t s M R . —O w ns N o rth C a m b rid ge t o N orth ­
a m p to n , M ass., 9 9 m iles. T h e s to c k Is $ 7 ,4 1 9 ,2 0 2 (p a r $ 1 0 0 ), o f w h ich
$ 3 ,9 4 9 ,1 0 2 is p re fe rr e d a n d co n tr o ls th e c o m p a n y u n til 8 p e r
ce n t d iv id e n d s sh a ll h a v e b e e n e a rn e d t h e r e o n in a n y o n e y e a r D iv i ­
dends -O n se ttle m e n t o f ce r ta in a cco u n ts w ith B o s t o n & M aine
u d iv id e n d o f 1*2 p . c. w as d e cla re d o n p r e f e r r e d p a y a b le J an . 2 , 9 6 ; in
J u n e , 96, p a id % p . e.; D e c ., % p . c. L ea sed to B o s to n & L o w e ll f o r 99
y e a rs fr o m O cto b e r 1 ,1 8 8 6 , a t a re n ta l o f 2 0 p e r ce n t o f g ro ss earnings
u p tti $ 1 ,0 0 0 ,0 0 0 , b u t w ith a g u a ra n tee o f su fficien t re n ta l t o p a y in­
terest. F o r y e a r e n d in g M a rc h 3 1 ,1 8 9 6 , g r o s s e a rn in g s w e r e $ 78 8 ,1 7 7
a g a in st $ 72 5 ,3 4 1 In 1 8 9 4 -9 5 a n d $ 6 5 4 ,0 4 0 in 1 8 9 3 -9 4 .— (V .G lJ p . 1 106.)
C e n t r a l N . A . A W e s t e r n M M .—S ee Su pplem en t , O ct., 1896.
F o r y 0ar e n d in g J u n e 3 0, 1 8 9 6 , g r o ss , $ 7 0 ,6 8 3 ; n e t
$ 9 ,8 3 7 ; o t h e r in c o m e , $ 5 4 ; in re re st a n d t a x e s , $ 1 6 ,1 6 3 : b ala n ce,
d e ficit, $ 6 ,2 7 2 . I n 1 8 9 4 -5 g ro ss, $ 7 1 ,3 9 5 ; n e t, $ 3 ,9 6 0 . (Y . 6 3, p . 3 9 9 .)
, „*4e n V a l ® u t o R M . —O w ns fr o m B e lla lre , O h io, t o C olu m b u s, Ohio
137 m iles, o f w in c h N e w a rk t o C olu m b u s (3 3 m iles d o u b le tra ck ed ) is
ow n e d lo m tly w ith P itts. Cin. C hic. & St. L ou is; o p e ra te s b ra n ch , 7 m iles.
L eases o f C olu m b u s & C in ciu n a ti M id la n d an d S a n d u sk y M a n sfield &
b y B - & o . O n J u n e 3 0 ,1 8 9 6 , th e B . & O. o w n e d
$ 3 7 6 ,8 3 0 C ent. O h io co m m o n s to ck .
L eased to B a ltim o re A O hio till 1 92 6 , w ith o p t io n o f r e n e w a l; ren tal,
rPS
,rn9S?t,4rf gro ss ea rn in g s, w ith m in im u m gu a ra n te e d o f $ 16 6 ,0 0 0 .
n e t earD>ngs a p p lie d t o in t e r e s t o n b o n d s.—
s©8 V. o4=, p . oZ f l o o , 180.

Stocks an d B onds .—Stockholders’ Comm ittee.-- B a s i l B . G o rd o n , J.

H . R ie m a n a n d W ; H . C on k lin g.—Y , 64, p. 180.

..
s to c k h o ld e rs b y C e n tra l O h io d ir e c t o r s w a s giv en
e s p la t t in g th e a tt it u d e o f B . & O. r e c e iv e r s to w a rd
th e C e n tra l O h io a n d g iv in g th e U O. e a rn in g s. S ee also Y . 64, p . 566.

See description o f m ortgage, etc., on p. 6 o f I nvestors ' S upplement ,
A.pnl, 1 896. March, 1 8 9 7 , coupons w ere paid when due.
D ividends from 1882 to January, 1896, 6 p. c. y e a r ly ; none since.
E arnings .—I n 189 5 -9 6 g ro ss , $ 1 ,1 9 9 ,1 0 4 ; n e t, $ 1 5 2 ,9 8 5 ; re n ta l,
P ai’k t>y le s s e e ), $ 4 2 1 ,2 6 0 ; t a x e s , e tc., p a id b y lessee,
$ 3 3 ,3 4 6 ; b a l., lo s s t o le ss e e , $ 3 0 1 ,6 2 1 . I n 1 8 9 4 95 gro ss $ 1 0 9 6 602;
n e t, $ 2 0 6 ,8 3 3 . ( Y. 6 3, p . 1 8 8 , 1 0 0 7
V . 6 4, 5 1 6 , 5 2 3 ? 5 6 6 )
’

5

C e n t r a l P a c i f i c JE8.JR.-m ee M ap o f S ou th ern P a c ific .) — R oad . (S
L in e s o w n eclM iles,
Miles.
Sian F r a p c is e o , C al., t o n e a r
B ra n ch e s t o S an J o s e , e t c . . . .
35
O g d e n , U t a h ................... .
872
T ra ck a g e—
L a th ro p , C al., to G oshen, C al, 146 N o rth e rn R y „ M a in L in e ........
6
R o se v ille J u n c tio n , CaL, to
5
U n io n P a cific in t o O g d e n ___
O re g o n S ta te L i n e ......... .
296
-r -nr x
T o t a l . ........ ................... ..1 ,3 6 0
L ease . —I n M a rch , 1 8 8 5 , le a se d t o S ou th ern P a cific C om pany. In
D e o v 1.893, le a se w a s so c h a n g e d th a t h e n c e fo r th th e C en tra l Pacific
sto ck h o ld e rs ^ o i d d re c e iv e d iv id e n d s o n ly i f e a rn e d . (Y . 58, p . 819,)
I n M a rch , 1 89 5 , M r. H u n tin g to n u n d e rto o k o n h e h a lf o f th e Southern
P a cific th a t t b e C e n tra l P a cific sh a re h o ld e rs s h o u ld r e c e iv e a m inimum
d iv id e n d o f 1 p e r ce n t, g u a ra n te e d b y th e s o . P a c .—tlie first pa ym en t
o f -H o f 1 p e r ce n t t o h e m a d e o n J u ly 1 ,1 8 9 5 , a n d th e s e co n d paym ent
, T h a t th e sam e ra t e o f d iv id e n d s sh a ll b e co n tin u e d until
s a t is fa c t o r y le g is la t io n ha s b e e n o b ta in e d fo r t h e a d ju stm e n t o f the
d e b t t o th e G o v e rn m e n t, w h en th e d iv id e n d w ill b e in cr e a s e d t o 2 p er
c e n t f o r a g u a r a n te e d p e r io d o f t w o y e a rs . (Y . 6 0, p , 1144.)
S u b s id y .—I n te re st is n o t p a y a b le o n s u b sid y lo a n t ill th e bonds
m atu re, b u t t h e T h u rm a n ” a c t p r o v id e s f o r p a y m e n ts y e a r ly to the
s in k in g fu n d . S ee V . 5 0, p , 2 7 6 . J an . 1 ,1 8 9 7 , p r in c ip a l due G overnm e n t o n C. P . lo a n w a s $ 2 5 ,8 8 5 ,1 2 0 ; in te re st, $ 3 4 ,9 0 4 ,9 7 0 ; o n Western
P a cific lo a n , p rin c ip a l, $ 1 ,9 7 0 ,5 6 0 ; in te r e s t, $ 3 ,1 9 5 ,9 1 9 . P a r v a lu e o f

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MAI* OF THE

CENTRAL OF GEORGIA
RAILWAY COMPANY
CTlONS

3

' Vlsr

INVESTORS’

SUPPLEMENT.

[V ol . L X IV .

Subscribers will confer a great favor by giving Immediate notice of any error discovered in these Tables.

Bonds—Princi­
pal, When Dae.

INTEREST
RAILROADS.
Miles Date Size, or
Amount
Par
of
of
For explanation o f column headings, &o., see notes
Outstanding Rate per When
Cent. Payable
Road. Bonds Value.
on first page o f tables.
Central Pacific—(Concluded)—
1st M 8. Joaquin V al.B r.,g.(s. f.) not drawn........

W est.Pac.,81111 Jose to Brighton, Cal., series A ,g.
do
series B, 1st M., to Oakland, g o ld .......

146 1870 $1,000
737 1865
737 1866
737 1867
737 1868
737 1869
1,000
123 1869
1,000
24 1869
123 L867-9
296 1868
1,000
1,000
296 1872
1870
1,000
....
1,000
1886
1,000
1,360 1889
31 1886
1,000

Cal. A O . 1st M., ser. A, g. (exto’ d ) ) s. f. yearly,
Do
do ser. B, g. (exte’d) Snot draw n..
Land grant 1st M.t gold, guar., extended in 1890.
Mort. gold 6s, 1936, Id. gr. s. f., not draw n..........
Mort. gold, 5s, 1939, Id. gr.,guar., s. f „ not dr’n .c
Cent. Pa. tf West'n.—Wilkesb. & West., 1st M., g.o*
C ent, o f G eorgia Iti/ —Stock................................C
*
1st mortgage, $7,000,000, g o l d ...................... cLfer 312
Consol, m ortgage, $18,500,000. g o ld .............c\tr 1,119
Mobile D ivision 1st mortgage ($1,000,000)...g.c* 121
Macon & North. Div. 1st mort., $840,000, gold.o* 106
.
Mid. Ga. A At. D iv. 1st M .,$9,000 p. m ,(see text)
65
1st prof., in com es)
Interest up to 5 p. c., c*
2d do
do
[
if earned,
o*
3d do
do
)
non-cumulative.
o*
Collateral trustbouds, gold, redeemable at 110.0*
Guaranteed, etc., securities.
Ocean 88. Co. 1st mortgage, gold, guaranteed...c
Augusta & Savannah stock (no bonded d ebt).......
53
Southwestern o f Georgia stock (no bonded debt) 332
Cent. It It. o f X . J .—Stock ($30,000,000 au th or)..
Bonds, secured by consolidated m ortgage o f 1874
Consolidated m ortgage (now first m ortgage).. .c* . . . .

1895
1895
1895
1895
1897
1895
1895
1895
1887
1890
_
_
1872
1874

1,000
1,000
1,000
1,000

$6,080,000
6 g. A. & O. ‘N.Y.,So.Pae.Co ,23B r’d
2,362,000
6 g- J. & J. United States Treasury,
1,600,000
.
do
do
6 g - J. & J.
2,112,000
do
do
6 g - J. & J.
10,614,120
do
do
g g - j . & «r.
9,197,000
do
do
j. & j .
g g1,970,000
6 g- j . & j . N.Y., S.Pac.Co., 23 B r’d.
765,000
do
do
6 g. J. A J. ,
1.970.000
United States Treasury.
g g5.982.000
5 g. J. & J. N.Y., S .Pac.C o.,23 B r’d.
4,358,000
5 g. J. & J. N.Y.,S.Pao.Co.ALondon
2,479,000
5 g. A. A 0. N. Y.,So. Pac. A London.
56,000
do
do
6 g. A. A O. I
12,283,000
5 g. A. & O. N. Y. A San Francisco.
620,000
5 g. J. A J. Ju ly,’ 94, int. to be acfj’d.
5,000,000
7,000,000
5 g. F. & A. N .Y .G uaranty Trust Co.
16,500,000
do
5 g- M. & N.
1,000,000
do
5 g- J. A J.
840,000
do
J. & J.
5 g520,000
5
4,000,000 Up to 5 Oct. 1 Oot. 1, '96, pd. l 1 p. c.
^
7,000,000 Up to 5 Oct. 1 New York, when earned
4,000,000 Up to 5 Oct. 1
do
do
4,880,000
5 g. M. A N. N. Y „ G uaranty Tr. Co.

1,000
100
100
100
1,000
1,000

1,000,000
5 g.
1,022,900
5
5
5,191,100
22,497,000 See tex t.
1,167,000
7
3,836,000
7

1,000
1,000
1,000
1,000

securities in U. 8. sinking fund Jan. 1, 1896, $5,523,000; cash unin­
vested, $736,127. There are considerable claims against the U. 8. for
transportation on non-aided lines.
D iv id e n d s — >1888-’93.
1894.
1895.
1896.
1897.
Per cent.
5 2 yearly.
None.
%
1 p. 0.
.Tan., tap.c.
B o n d s .— Of the first m ortgagebs 0/ 1 8 6 5 - 8 , 8eries A to D, aggregating
$6 378,000, cover the road and franchises from Sacramento to the
California State line, 140 miles, and Series E to I, aggregating $19,505,000, oover the road and franchises from the State Line to live miles
west of Ogden, 598 miles, series A , $2,995,000, 6s, extended from
July 1,1 895 (see V. 62, p. 1086) and series B, C and D ($3,383,000
o f (la) extended from July 1,1 896 , and series E extended from Jan.
1, 1897, to Jan. 1.1 898 , at 5 p ercen t, are subject to call at par, in
which case, however, interest shall bo adjusted to 6 per cent instead of
5 from July 1 ,1 895 and 1896, and Jau. 1,1 897 , respectively.—V. 62,
p. 1039; Y. 63, p. 967, 1158; V. 64, p. 133
The s p c cents o f 1SS0 aro guaranteed principal and interest by the
Southern Pacific Company; the m ortgage is for $16,000,000, the M etro­
politan Trust Co. o f New York being trustee. (V. 49, p. 340.) Of the
am ount authorized $2,250,000 are reserved to retire at maturity any
land grant bunds not rede med from land sales, and $2,750,000 can be
applied only to the im provement or purohase o f property on which the
m ortgage shall have a first lien. The land grant j s o f igoo carry the
Southern Pacific’ s guaranty o f principal and interest.
The total holdings o f the sinking funds on Jan. 1,1 896 , exclusive
of the land grant fund—which see below —were $9,390,000, including
$2,035,000 So. Pac. o f N. M. 1st 6s; $2,715,000 Southern Pacific Co.
Steamship first 6s; $1,788,000 Guatemala Central KK. first 6s; also
other securities and $498,707 in cash.
L a n d G r a n t .—Total land grant was about 12,000,000 acres, o f which
about 2,840,000 acres had been sold to Deoember 31,1894. Sales In
1895, 259,692 acres; cancellations, 187,688 acres. Land contracts on
hand Jan. 1, 1896, $881,129; notes o f Central Pacitto R R ., $400,000.
E a r sin g s . —12 m onths,) 1 8 9 6 ....Gross, $12,453,953; net, $4,715,039
Jan. 1 to Deo. 31.
S 1895.. ..Gross, 12,946,848; net, 4,801,265
A n n u a l R e p o r t .—Fiscal year (sinoe 1896) ends June 30. R eport
for 1895 was given at length in V. 62, p. 1083,1096.
Tear ending Dee. 31—
1895.
1894.
1893.
Gross earnings.......................... $13,045,657 $13,118,245 $14,319,908
Operating exp., taxes, r e n ts... $8,760,489
$8,723,238
$9,204,557
Interest on funded debt............ • 3,333,102
3,353,926
3,293,678
Sinking fund requirem ents___
235,000
185,000
185,000
United States requirem ents___
648,390
599,701
584,775
Betterments and additions___
237,354
111,787
267,181
T o ta l...................................... $13,214,335 $12,973,652 $13,535,191
Surplus overcharges for year.df.$168,678
$144,593
$784 717
— (V. 64, p. 13 3,13 6, 233, 286, 422, 468.)
’
Central of Georgia Hallway.—
(See Map) —System includes:
Lines owned in fee.
Miles. \ L ines leased^MilesSavannah to A tla n ta ............ 295 I Southwestern o f Ga. R R ......... 333
Gordon to MilledgevUle.......
17
Macon to Colum bus............ 101
Columbus to Birin’ gham ,A la. 156
Fort V alley to P erry ..........
12
Columbus to Amerieus.........
62
F ort V alley to Eufaula....... 115
M ontgomery to Eufaula, A la.
80
Smithville to Colum bia___
85
Columbus to Greenville, Ga. 50
Cuthbert to F ort G aines. . .
20
Opelika to R oanoke.........
36
Augusta A Savannah RR .—
Eufaula to Ozark..............
60
Millen to A ugusta........
53
60
Griffin to C arrollton.........
Propr'y Line—Upson Co.RR.
Savannah to T ybee...........
18
Barnesville to Thomasto’n ..
16
Columbus to Searight...... 122
M acon to Athens.................... 103
_____
M illedgeville to Coving.,Ga.If
65'
Total operated.................. 1 8 5 9
_ . ,
,
- ^ ;------- I Ocean Steamship Company, ’
T otal owned (and oper d)*.1.124 I estimated equivalent o f ___ 300
" In addition owns in fee Meldrim to Lyons, 58 miles, now leased to
Georgia A Alabam a RR., making total m ileage owned, 1,182 miles.
O rganization —Organized Oct. 17,1895, and N ov. 1 succeeded to the
properties o f the Central Railroad A Banking Co. o f Georgia and
the Savannah A Western, etc., sold in foreclosure Oct. 7 and O ct’ 5 re­
spectively, and reorganized per plan In V. 60, p. 1008 and V 61 d 68
For status o f new com pany’s relations w ith the Georgia R R , see
A
r-h” “ Se r, T , Lyons to Meldrim, 58 m iles, was leased in
r
April, 1896, to Georgia & A labam a.—V. 62, p. 456.
. ’P ® **“ e ,.r,ora MUledgevUle to Covington, Ga., form erly the Middle
Ga. & A tlantic w as purchased in Dec., 1896, V. 64, p. 82, 180.
§ onds . The first mortgage o f 1895 (described in V .6 3 , p. 1160) is
(.tc,5i?n i
lJ?e from -Atlanta to Savannah, including the
M illedgevilie brauch (312 miles in aU), all equipment and appurtenancos and the equity in $1,995,000 o f tile capital stock of Ocean
Steamship Co. o f Savanuali. Trustee, Guaranty Trust Co. o f New Y ork

w ^ tK r,H
8
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5d os 1-01 -Y tok
i|0 t T T / f e & «
r
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o

in
m5es6fa „ iL 3 t r e 6
g
r
i^ T r U ^ S

o » o u ? h R sa e ^ t n Y e ^ s t ^
E
WeRt
i

J. A J.
J. & J.
J. A J.
Q .-F .
M. & N.
Q .-J .

Oot.
Jan.
Jan.
Jan.
Jau.
Jan.
July
July
1897
Jan.
Jan.
Oct.
Oct.
Apr.
July

1. 1900
16, 1895
1, 1896
1, 1897
1, 1898
X, 1899
1, 1899
1, 1899
A 1899
1, 1918
1, 1918
1, 1900
1, 1936
1, 1939
1, 1926

Nov. 1, 1945
Nov. 1, 1945
Jan. 1, 1946
Jan. 1, 1946
1947
Nov. 1, 1945
Nov. 1, 1945
Nov. 1, 1945
M ay 1, 1937

N.Y., Guaranty Tr. Co. July 1. 2>a%
Savannah, Ga.
Jan.,’ 97,2%%
Savannah and M acon. J a n „ ’97,2U %
N.Y.Off., 143 LibertySt. May 1, ’ 97, 1%
N. Y ., L iberty Nat. Bk. Nov. 1, 1902
do________ do
i July 1, 1899

the stock o f N ew England Steamship Co., and a second lien upon th e
m ain line, its equipm ent, etc., and also on the Macon & Northern and
M obile A Girard. It also covers all leaseholds, securities, etc I t m ay
he increased $2,000,000 from $16,500,000 to $18,500,000, at the rate
o f n ot m ore than $500,000 in any one year, fo r betterm ents and for
equipm ent. The consolidated tfbnds are the on ly fixed charge obliga
tion oovering the entire system. Trustee, M ercantile Trust Co. o f N. Y.
Mobile Division bonds are direct obligations o f the Central of G eorgia
R y., secured by a first lien on the form er M obile & Girard R R ., C olum ­
bus, Ga., to Searight, A la., 122 miles.
Macon A N orthern Division bonds are also d irect obligations o f the
Central R y., with first lien from M acon to A th ens, Ga., 105 miles.
Middle Georgia & A tlantic D ivision bonds are i-su ed at $9,000 per
m ile, o f w h ich $8,000 was fo r purchase o f road and $1,000 retained
b y Cent, o f Ga. for betterm ents. V. 64, p. 180.
The preference incom e bonds, subject to the prior m ortgages, cov er
the m ain line and the form er Savannah A W estern, Colum bus A Rom e
M ontgom ery A Eufaula, MohUe A Girard, M acon A N orthern and
Savannah A A tlantic RRs., and their equipm ent, etc.; also all
leaseholds, securities and equities o f properties acquired by the new
com pany. They are non-cum ulative and bear interest not exceedin g 5
per cent in any one fiscal year, but payable on ly out of net earnings
as deelared and secured by the deed o f trust. On 1st p referen ce in­
com es p aid lb j p. e. in Oct., 1896.—V. 63. p. 601.
Oollateral trust m ortgage abstract was in V. 45, p. 242.
L a t e s t E a r n in g s , 8 mos. ( 1896-7. Gross, $3,883,769; net,$1,529 592
July 1 to Feb. 28.
f 1895-6.Gross, 3,988,211; net, 1,527,919
A nnual R e po r t .—F iscal year ends June 30. See report for 1895-6
w ith balance sheet, etc., o f June 30, in V. 63, p. 1180. See also edi­
torial p. 1139. The fixed charges am ount to $1,826,700. A s t h e r o a d
was operated by the receivers up to Nov. 1, 1895 (some p ortions to a
later d ate), the results above given do n ot indicate the net inoom e
actually accru ing to the present com pany. F or the 8 m onths d uring
w hich the p rop erty was in the hands o f the com pany, there was a sur­
plus o f $60,854 above all fixed charges, out o f which a dividend o f 1G
per cent on the first preference incom es was paid Oct. 1 ,1 8 9 6 .
Tears end. June 3u—
1896.
1895.
1894
A verage m ileage......... ....................
1,454
1,416
1.416
Gross earnin gs.................................$5,369,426 $4,991,408 $5,179,508
T otal operating ex p en ses............ 3,450,498
--------------------- ------3,225,997
3.375,886
T a x e s ................................................
158,989
154,474
154,474
Net earnings from o p e r a tio n .... $1,759,938
A dditional in com e........................
407,371

$1,610,937
273,456

$1,649,148
341,908

A oK-W \Y-ri — -L--YGV.......... $2,167,309
T
D educt deficit G eorgia R R . lease
38,065

$1,884,393
108,264

$1,991,056
24,784

tv

Net Inoome for fixed charges. $2,129,244 $1,776,129 $1,966,272
O f f ic e r s .—P resident, H. M. Comer, Savannah, Ga.; V ice-President.
John M. E gan.—(V. 6 3 ,p. 11 5 4, 1168, 1 1 6 0 ; V. 64, p. 82,180,517,610.)
Central Ry. o f New Brunswick.—See V. 63, p. 116.
Central RR. o f New Jersey.— See M ap)—R o a d —Operates from
(
Jersey City, opposite N ew York City, westerly to W ilkesbarre and
Scranton, Pa., and the neighboring anthracite coal fie ld s; also south­
erly to the seashore resorts along the coast o f N ew Jersey, etc.:
L ines owned in fee.
M iles. Nesquehoning Valley If............ 17
Jersey City to PhiUipsburg___ 72 Lehigh & Susquehanna, PhilSundry b ra n ch es........................ 83
lip sb u rg toU n ion J im e.,etc.t.l7 2
E ntire stock owned.
W ilkesbarre A Scranton If.......
5
L ong Branch A Seashore..........
6 Lehigh A Laekawannatf.......... 35
New Y ork & L ong Branch RR.,
Other lin es.................................... 9
Perth A m boy to Bay*H ead.. 38 A llentow nT erm . (oper.join tly) 3
New Jersey South’n RR., Long
Trackage—
Branch to A tslon, e tc............ 78 Union Coal R R ............................ 9
Other lines (no d eb t)..................136 Pa. Pough. A B oston .................
2
Leased. (mostly f o r 999 yrs.) Miles.
Ogden Mine RR . If...................... 10
Total operated Jan. 1 ,1 8 9 6 ..6 7 5
If See this com pany, i See Lehigh Coal A Nav. in “ Misc. Companies.”
There are 261 miles of second and 30 miles o f four tracks. With the
Balt. & Ohio and the Phila. & R eading operates the “ Blue Line ” be­
tween W ashington and the Southwest and New Y ork, ihe B. & O. tracks
being used to Philadelphia, the Reading to Bound B rook and the Cen­
tral N. J. to Jersey City. See also Lehigh & Hudson.
H is t o r y .—Chartered in 1849. From May, 1883, to Jan. 1, 1887,
leased to Philadelphia A Reading. Receivers were in possession from
Jan. 1 ,1 8 8 7 , till January, 1888. Reorganized In 1887 without fore­
closure—see plan V. 44, p. 714, 716. Operated from February to
August, 1892, under lease by P ort R eading RR. Co. Dividends were
resumed August, 1889.
Concerning coal properties see Lehigh A
W ilkesbarre m “ M iscellaneous.”
D ividends .— ! ’ 89 ’90. ’ 91.
’92. ’ 93.
’94. ’95. ’96. ,97.
P er cent.
f 3
6
6^2
7
7
7
5^ 5 Below.
Hi 1897, Feb., l l i p. 0.; May, 1 p. c. V. 64, p. 706.
B o n d s .—New Jersey Southern (is carry the endorsed guaranty o f the
New Y ork A Long B ranch. Central N. J. general 5s are reserved to
retire them at maturity. Total issue $1,500,600, all hut $411,000 being
held under the C entrals general mortgage.

A p r il , 1SD7.J

RAILROAD

STOCKS AND

BONDS,

*23

Cobleskiii

lew Berlin

jymana

v? 1 .. i& m
i& )

ithaca

*Belli!

.

Hudson'

Summit

jB'mghamB

LElmira

Great Ben*

S
asriaetoaasp
R lK U
O iO j

f t Carbondali

(A
r^fehdd

iCHESTElk

Ue d ,
wtk m

m m

ilfe A r !
FEHL
RE OD

M
ale

F jm
& dngdale'

'a"ch«s

faroden

Wwlmwiiien <
y
«^ h »a rtg T \ '
g^ilsrri#
Barnegat]
Mm w J
m hA k-m
B tffordyiU
U
rJr
Wm Crj#!

Jur,-',

Gbwljom ». %
.

juciibtoh £

|

Bg* llorbo*
Vinehru
Atlantic

I A MP U
& AO
f*nr
^

#

7/

MAP OF THE

C E N T R A L R A IL R O A D
OF

N E W JER SEY
AND CONNECTIONS.

INVESTORS’ S UPPLEMENT.

24

fVoL. L X IV .

Siibucrlbem will confer a jrreat favor by giving Immediate notice of any error discovered In these Tables.

RAILROADS.
on first page o f table*.

Bowls—P rinci­
INTEREST OR DIVIDENDS.
i Miles Date 8ize, or
pal, When D ue.
A m ount
Par Outstanding Rate per When IWhere Payable, and by Slocks—Last
of
| of
Payable
Cent.
Whom.
Road. Bonds Value.
Dividend.

Central Railroad o f Sew Jersey—f Concluded)—
Convert, debentures, convert, into stock till 1907
Long Br, & Sea Shore 1st m.. HigliTds to L. B r.o' J
6
N J So. 1st M., L. Br. to Ataion,etc.(assumed).o*
78
Cent. RR. o f N.J., Oen.mort.for.$50,000,000,g.,c.tr All.
Real estate bond and m ortgages.........................
Lehigh Coal & Nav.. mortgage, gold, assumed—
....
Guaranteed Bonds—
Am. Dock A Im p.Co.lat M., gu., redeem, at 110... o*
N Y.A L 'gB r’h 1stM .,red.m 1899 at 110,gold...c*!
38
Gen. M., for $2,500,000, g.,I\ A mb. to B.Head.o*
38
Central HR. o f Pennsylvania—Bonds, $1,200,000..
Central o f South Carolina—1st mortgage, g old...©
40
Central Vermont—Consolidated RR. o f Y't. I s t M ...
185
Cent. Vt, 1st consol. M. for $15,000,000, gold.c&rj
Equipment bonds, gold, drawn at 100 Jan. 1.......
Central Washing on RR.—1st mortgage, gold..o*&r id s
Centralta d Chester—1st M. $12,000 per m., gold.©*
94
Chari. Clendennin d Sul.—IstM .g.. $30,000 p. m.o*
Charleston d Macon Ry.—1st M., $12,000 p. m., g ..
Charleston d Northern— 1st m ortgage (see text.)..
Charleston d Savannah—General mortgage, gold.o* 103
1st and 2d pref. Inc., $1,0000000 each, non-cum ..
103
ChnrlesCn d West. Car.—1st M.,g. ($8,000 p.in.).o*«fcr
Incom e M.. g., non-cum., ($7,000 per m ile).......c*
Charlotte Columbia < Augusta—See SOUTHERN R y
£
Ohartiers—S to ck .......................................................... .
1st mortgage, guar. p. & i. by Penn. R R ............. o|
23
Chateaugay RR.—Stock................................................
39
Ohateauyay IVy— 1st M., guar. p. A i. D.& H. Canal
22
Chattanooga Rome d Col.—Rome A C ar’lton 1st M.,g
1st mortgage, guar., uol<l.................................... c*
138
H On ooupon bonds J A .1; on registered bonds Q,— J.

1883
1869
1879
1887

$1,000
1,000
600|
500Ac.

__

1867 500 Ac.
1,000
1,000
1,000

1881
1882
1891

1,000
lOOAc.
1,000
1,000
1888 l.OOO&c
1,000
1889
1894
1,000
1896
1881
1883
1892

1886
1886
1896
1896

1,000
1,000
1,000
1,000

1871

50
1,000
100

1887
100 Ac.
1885 |
1887 ! 1 ,0 0 0

Of the general mort. o f 1 8 8 7 (see abstract o f mort. V. 45, p 402) $8,396,000 on Jan. 1,1896, were reserved for the prior Cent. N. J. bonds
and also for the follow in g: N. J. Southern 6s, $411,000; Lehigh Coal
& Navigation 6s o f 1897, $2,310,000; Long Branch & Seashore 7s
$197,000. A ll the old bonds, it will be noticed, mature within a few
years. Genera) mortgage trustee is the Central Trust Co.
See S ew York d L ong B ranch bonds in S u p p l e m e n t o f Jan., 1897.
G e n e r a l F in a n c e s , A c.—In August, 1895, $1,644,000 general m ort­
gage bonds were sold for im provements, etc. As to saving by refun d­
ing $2,310,000 Lehigh C. & N. 6s in 1897, see Y. 64, p. 466.
E a r n in g s .— 2 m onths,> 1897.......... Gross, $1,704,155; net, $511,175
January 1 to Feb. 28.$ 1896.......... Gross, 1,831,117; net, 569,250
A n n u a l R e p o r t —Annual m eeting is held on Friday next preceding
second Monday in May. The report fo r 1896 was in V. 64, p. 283.
Year ending Dec. 31.
1896.
1895.
1894.
Passenger and freight........... j
r $6,766,535
$6,347,239
Anthracite c oal........................j
5,727,229
5,273,822
505,064
Mail, express, e tc.................... } $13,117,350 \
490,955
N. Y. A L. B. Division............
1
476,762
458,440
T ra ck a g e .................................. J
^
92,434
89,485
.$13,117,350 $13,568,024 $12,659,941
. $4,798,782
$5,272,969
$4,221,637
Incom e from investm ents___
5 $530,126
840,440
773,456 |
Premium account...................... £
i
183,150
Lehigh A Wllks. coupons........
1428,120
1428,120
1428,120

Dividends,

, $6,067,342
$6,474,545
$5,363,033
. $3,030,029
$2,955,166
$2,873,589
. 1,641,048
1,691,091
1,557,356
(5)1,124,850 (5)1,124,850 (7)1,574,790

_ Balance................................sur. $271,415 sur. $703,438 def. $642,702
_
t Not paid in cash, but collectible June 1,1900. See Lehigh & W ilkes
statement.
- (V. 62, p. 3 4 4 , 3 6 0 ; Y. 64, p. 2 8 3 , 466, 706.)
Central KR. of Pennsylvania.—
Owns Bellefonte (Penn. RR.)
to Mil! Hall, Pa. (on Beech Creek RR.) 27 m iles; branch 4 milesoperates Nittany Val. RR. and branch, 7 miles. For year ending June
30. 1896, gross, $51,970; net oyer operating expenses, $207 ; charges.
$44,053; balance, deficit tor year, $43,846. Stock, $1,200,000.
Central KR. of South Carolina.—
Owns from Lane, 8. C., to
Sumter, s. C., 40 miles. Leased to the Northeastern and the Wilmington
Eolllitu*ille o fo A 'l*:ust* r 5 BlT
e
00mpanlei ioln,Iy ; rental $31,000 yearly,
l o a r o i 17<!;0? 0-'f-a^ f o 0 - rIu 7825 ending June 30,1896, gross earnings,
$98,601, net, $35,742. In 1894-95 gross, $89,454.
S e 4 y n ' Vermont 11''• —O peratesfrom Rouse’s P oin tatth e north
end o f Lake Champlain across Massachusetts to New London, Conn., on
Long Island Sound, with branches. System includes: SeeV . 6 4 .n. BOB.
System
See V. 64, p. 606.
Entire storlz owned—
Miles.
Leased Lines—Oon’d.
Miles.
Montpelier & White Riv. R R ,.. 14 Misslsquoi V a lle y ...................... 28
Stanstead She fiord & Chambly. 43 Montreal Portland & B oston .. 40
Leased Lines—
Montreal & Vermont June.
23
Consol. RR. o f V t.—
New L ondon & Northern U....... 158
Windsor to Rouse’s Point,etc.179
Burlington & Lam oille.............. 26
Total op’d (ijSee these eo's.) .510
H isto ry . - A consolidation o f Central Vt. with the Consol. RR. of
\ t„ etc., was officially reported in 1892, but apparently it was never
givhig m i'road ow m affn fee! TOe1 Rutland R R ^
p K on M^reh 22% 897 -' s e e ? .’
0g<iensljurS & L a* e ChamR eceivership .—On March 19, 1896, Charles M. Hayes and E C
Smith were appointed receivers— V. 62, p. 588, 634. Interest due Tin
1, 1 8 9 1 , on the Consol. KR. o f Vt. 5s was not paid.—V. 64, p. 82
B o n d h o l d e r s ’ C o m m it t e e .— Consol. 5s— Beniamin p ’ ch en ev o f
B oston: Samuel E. Kilimr V aw V m .ir/n nn..... ^
or
Of
PO
Reorganisation OoitimilUe.—Appointed in December, 1896 to r»re
pare a plan: C M . Hay* (chairman); L. C. Ledyard, H. D H v d e G P
8earle, E. C. Smith, E. II. Baker (secretary.) —V. 63, p. 1062. ^ *
30* 1896, the Central Vermont had outstanding $i non
000 stock %nd Consol. o f Vermont$750 000 i»ref and
The securities owned June 30,1896,’ were^ as fo n o ^ s : ’ ° C° mm° nStock.

Amount.

Mont p r & Y ells R. KRJall'.. fnOO.OOO Consolidated KR. o f Vt...............
V
pgdensburg A Lake Cnamp. 1,691,000 Okrdensburg Transit 6s............ ! ! l100406
7O 0O
’O
Stanford 8 . A C. RR. (all).... 6 O .0O Vermont Central..........................17o’0O
O O
O
2 500 Stanford Sheffield & Chainbiy.
Verraont Central..................
Ogd. Tran, (out of 1800,000). 405,000 Town o f Williamstown............ ,,5-lt.’00O
Grand -sle Steamboat Co. ...
30,000 Canada Atlantic Ry..................... 30 000
18’00b
a
r "
. <%n*olidaled mortgage fours for $15,000,000 rtrustee
which $2I1 !»6anon wore oC?'t0f ^P8to?J $3,000,000 have been issu edfof
8r

^iiins\uui^$1^64^00 ^vcn- h^^c trcA
sluy1—

for

$165,000
197,000
411,000
41,004,000
307,100
2,310,000

M. A N. N. V ., Liberty Nat. Bk.
6
J. A D.
7
do
do
6
J. A J.
do
do
do
do
n
5 g5
Various N. Y „ 143 Liberty St.
6 g. J.AD.15 Phila.,Leh.C .A N av. Co.

4,987,000
1,500,000
142.000
(?)
300.000
7,000,000
See text.
400,000
1,750,000
1,028,000
1,000.000
(?)
800.000
1,500,000
2,000,000
2,720,000
2,380,000

5
J. A J. N. Y ., L iberty Nat. Bk. July 1, 1921
5 g. J. A D.
do
do
Deo. 1, 1931
do
do
5 g. M. & 8.
Sept. 1, 1941

645,300
500,000
95,000
200.000
lr>0,000
2,090,000

6 g.
5
4 g.
6 g.
6 g5 g.
5 g.
5 g.
4 A 5
7 g.
7
0 g.
5

J.
J.
j.
j.
M.
J.
A.

A
A
&
&
A
A
A

J. N. Y ., Cuyler, M. & Co.
J. July,’ 96,eoup.last paid.
. Ju ly,’96,coupon unpaid
j . Jau.,’97,coup.pd.at mat
S. Mch., ’ 93, coup, last pd.
J. N. Y., Farm. L. & Tr. Co.
O. Phil W stEndT.&S.D.Co
j

M. A S.
J. A J.
April.
A. & O.
October

May 1, 1908
Dec. 1, 1899
July 1 5 ,1 8 9 9
July 1, 1987
Various dates
Dec. 1 5 ,1 8 9 7

July 1, 1921
June 30,191 3
Jan. 1, 1943

Sept. 1, 1938
July 1, 1919
Oct. 1, 1944
1936
Mch. 1, 1915
N.Y.,12 W.23 & Cha’ at’n Jan. 1, 1936
See text.
N. Y., Chase Nat. Bank. Oct. 1, 1946
I f earned.
Oct. 1, 1946

9 in ’96. A. A 0 .
Apr. 1,’97,5%
7
A. A O. Philadelphia, Penn. RR. Oct. 1, 1901
6
F.
A.
Plattsburg, N. Y.
Aug. 1, 1907
6 g. J. A J. July, ’92, coup, last pd. Jan. 1, 1916
5 g. M. A S. M ar.,’92, coup. la st. pd. Sept. 1, 1937

Flouting debt June 30, 1896.—Notes payable, $1,568,071; v ou ch er
payable, $663,053; due Am eriean E xpress Co., $350,000. Consol. RR.
o f Vt. coupons unpaid, $213,477; Ogdens. A L. Ch. coupons unpaid,
$117,702; total, $2,912,303—see general balance sheet in V. 64, p. 606.
A nnual R epo r t .—Fiscal year ends June 30. E x p ert L ittle’ s rep ort
on the property for the three years ending June 30, 1896, was given in
V. 64, p. 606. F or the three years he charges off a total o f $632,879
fo r “ additions and betterm ents” and “ im pairm ent o f equipm ent.”
The results are as follow s fo r fiscal years 1896 and 1895:
A.
—Including all roads form erly in the system.
Year end.
Gross
Net
Mr. Little's Rentals,
Balance,
June 30— earnings,
earn in gs deductions, taxes, etc.
sur. or d e f

1895-96..$5,125,762

$1,499,153 $236,970 $1,395,354 def.$133,l7l

189495. 5,032,434 1.547.061 124.245
1,528,180 def. 105,364
B.
—E xclu din g Rutland RR . and Ogdensburg & Lake Champl
whose leases h ave been abandoned b y the Central Vt. receivers. *
Year end.
Gross
Net
Mr. LitUe*s Rentals,
Balance,
June 30— earnings, earnings, deductions, taxes, e'c.
sur or d ef

189596.. $3,493,580$1,006,018$177,511
1894-95.. 3.268,547
987,912 79,545

$858,593 def.$30,886
879,851 sur. 28.516

—(V. 64, p. 41, 82, 373, 516, 567, 606.)
C e n t r a l W a s h i n g t o n R R . —Cheney to Coulee City, Wash., 125m
E a rnings .— F or 8 m onths ending June 30, 1896, gross, $54,706; net
$18,563. Year 1893 gross, $94,197; net, $17,793; charges, $125,000
balance, deficit, $107,207.
B o n d h o l d e r s ’ Co m m it t ee .— A. M. H oyt, Chairman, No. 1 B roadw ay,
C. T. Barney and Charles E. Eddy; depositary. K nickerbocker Trust
Co. Trust Co. receipts listed iu New Y ork in Ju ly, 1894. (See v. 63,
p. 1114.) In May, 1895, receivers w ere appointed fo r Central Wash­
ington. C. B. Chamberlain o f Spokane is n ow sole receiver. I t is pro­
posed to foreclose the m ortgage. K nickerbocker Trust Co., N ew Y ork,
was appointed trustee o f m ortgage Sept. 29, 1895.—(V. 63, p. 1114.)
C e n t r a l i a Sc C h e s t e r R R . —Owns E vansville, 111., to Salem, 111.,
and 8parta to R osborough, total 94 miles. Stock, $1,028,000. Farm­
ers’ Loan A Trust Co. trustee o f the m ortgage. F or year ending June
3 0 ,1 8 9 5 , gross, $59,271: net, $3 5,01 9; interest, $34,800; balance, sur­
plus, $219. (V. 62, p. 987.)
C h a r l e s t o n C l e n d e n n i n A S u t t o n R R . —Owns road, com ­
pleted in D ecem ber, 1895, from Charleston, W. Va., v ia Clendennin to
Clay Court House, 51 miles, and under construction via Clay Court
H ouse to Sutton, 49 miles additional, to be com pleted early in 1897.
Capital stock authorized, $3,000,000; par, $1 00; outstanding March,
1896, $367,300. First m ortgage $3,000,000, ($30,000 per mile) is to
West E nd Trust A Safe D eposit Co. o f Philadelphia, Pa., as trustee.
L a t e s t E a r n i n g s .— 1 1 m os., ? 1 8 9 6
Gross, $ 4 9 , 7 8 0 ; n e t , $ 2 3 ,6 2 8
Jan. 1 to Nov. 30.
$1895
Gross, 43,896; net, 24,629
President, John H. Drake, Philadelphia; Treasurer, W. S. Drake,
1326 Chestnut Street, Philadelphia. V. 61, p. 1012.
C h a r l e s t o n Sc IT Iacon R y . —Projected from Charleston to Allen­
dale, etc., about 60 miles, where connection w ould be m ade with the
G reenwood Anderson & W estern (Carolina M idland). See V. 62, p.
1138. T h ebon d s are “ exchan geable fo r similar bonds of the Con­
solidated Railway Company to be form ed.” (V. 63, p. 357.)
C h a r l e s t o n <fc N o r t h e r n R R . —See Supplement of A p ril, 1896.
C h a r l e s t o n A: S a v a n n a h R y . —Owns from opposite Charleston,
8. C., to Central RR. at Savannah, Ga., 115 miles, and branch 6 miles,
all steel. Operates from Ashley Junction to Charleston, S. C., and Cen­
tral RR . o f Georgia, crossing to S. F. A W. Ry. at Southover, 11 miles.
Green Pond Water boro A Branch ville R y., 14 miles, is controlled in
same interest but operated separately. Belongs to Plant system.
Securities .—Interest on first in com es: for 1888,1*2 p. ct., for 1889,
2 ; fo r 1890, 6 ; for 1891, 6 ; for 1892, 5 : for 1893, 4 ; fo r 1894, 4 per
cent (paid in A pril, 1895). Stock, $5 00 ,0 0 0 ; par, $100.
E arnings .—8 months, >1896-7.........Gross, $367,535; net, $100,582
£July 1 to Feb. 28.
$1895-6.........Gross, 340,922; net,
64,715
In year to June 30, 1896, gross, $536,229; net, $1 06,6 99; other
incom e, $7,753; interest and taxes, $123,427; balanoe, deficit, fo r year
$8,975. In 1894-95, gross, $551,766; net $112,483.—(V. 64, p. 4 2 1 .)
C h a r l e s t o n Sc W e s t e r n C a r o l i n a R y . —R oad from Port
R oyal, S. C., to Augusta, Ga., 112 m iles, and to Spartanburg, Green
ville and A nderson, 230 m ile s; total, 342 miles.
H ist o r y .— A reorganization and consolidation Oct. 3 ,1 8 9 6 .of the
P ort Royal A A ugusta and P ort R oyal A W estern Carolina, purchased
at foreclosure sale by Messrs. Tbom as A Ryan. T he Augusta A Sum
m erville, 2*s m iles, was reported purchased in same interest in April,
1897. V. 64, p. 753.
Securities . -S to ck , $1,200,000; par, $100. The first m ortgage is
authorized at $8,000 per mile, Central Trust Co., N. Y ., trust©*-: in­
com e m ortgage (Guaranty Trust Co., New Y ork, trustee), at $7,000
per mile, non-cum ulative, 5 per cent.
E a r n in g s . - In year 1895 96 com panies n ow consolidated had gross
earnings, $700,280; net, $61,512. In 1894-95, $652,606. President,
J. B. Cleveland, Spartanburg, S. C.; Secretary, A. C. Jopling, 32 Liberty
St., New York. (V. 63, p. 155, 407, 559 ; V. 64, p. 753.)
C l ia r t le r s R y . —Owns from Mansfield, Pa., to Washington, Pa., 23 m

KAILROAD

Ap r il , 1887.J

STOCKS

AND

BONDS.

25

S u b scrib e r* w i l l c o n fe r a gre a t fa v o r b y g i v in g im m e d ia t e n otice o f a n y e rr o r d is c o v e r e d In tlie se X a b le s .
R A IL R O A D S .

For e xp la n a tio n o f oolu n m h ea d in gs, A c-, see n otes
on first p a g e o f ta b les.

B onds—P rtnol
IN T E R E S T O R D IV ID E N D S .
M iles D a te , Size, o r
p a l,W h en D n e.
A m ount
of
of
Par
R a te p e r W hen W h ere P a y a b le , a n d b v Stocks—L a st
C ent.
R oa d . B o n d s V alu e. O u tstan d in g
P a y a b le
W hom ,
D iv id e n d .

ffhatianitoga Southern- S tock (.$730,000 is p r e f ,) . ..

$ 10 0

$ 3 ,0 0 0 ,0 0 0
5 g J. *
5 If earn.

8 9 ! 1 895
1 st m o rtg a g e , g o ld ...........................................................
89 . 1895
In co m e m o rtg a g e , n o n -e u m u la tlv e , $ 7 5 0 ,0 0 0 —
Chattanooga U n io n -S ee B t t .r h a i l w a v o f C h a t TANOO GA.
Oheraie if Chester—S ee L a n c a s t e r < CHESTER.
fc
50

Chcrmr if Darlington—S tock- . . . ...........................

66 1 8 8 8
1 st m o rtg a g e , .$400.000.................... ......................
37
1S95
C h a rleston A N o ., 1st I t . “ D ir . A ,” a ssu m ed
1 869
Chem/ Valley Sharon <f A lbany—1st m o rtg a g e .
35 1 8 8 7
0he*.<e YasA.— 1 s t M .,$2-5.000p .m .,g .,s .f.,nut d ’ rn.c*.
fjk e ta p e a k e if Ohio—S t o c k ............... ...................... .. —
4 28
P u rch . m o n e y fu n d in g .g o ld — ............. ..............o '
1 878
M ortg ag e 6*. g o ld , series “ A " Sec. t e x t ........... e* < 5 0 3 I 1 87 8
188!
1st m o r t ..o f 1 911. B enin. E x t,, g o ld . S e e t e x t . f t 75
1 882
8
T e r -! s t in ..1 92 2 , c o v e r in g 8 in ., t o P h oclm s.g .c"
1st o o s s o l. m o rtg a g e f o r $ 3 0 ,0 0 0 ,0 0 0 , g o ld . . c '* r
655 1989
1890
256
Rich. A A ll DIv. 1st c o n so l. M .. gold . See tex t.o1 390
2d e on s. M ., R icbm . via. D y o c h b 'g to C lifton F . ; 2 5 6
2 6 i 1890
C ra ig V alley b ra n ch 1st m o rtg a g e , g o ld ............. o '
22 ; 1 89 0
Warm S prin gs B r a n d i 1st m ortg a g e, g o ld ..........c*
1892
G en eral m o rtg a g e ( f o r $ 7 0 .0 0 0 ,0 0 0 .e tc.) g o l d ..o '. 1,174
E liza. L ex, & B ig S a n d y 1 st m „ g „ gu ar. p .A I ..c -| 109 ! 1 872
Che*. A O h io E q u ip m en t tru st b o n d s, g o ld -------e * ;
V ar.
....................
E n nlp m ent n o te s . ............................................................
G c a k a n t e e d Bu s t s .
----1 888
E le v a to r Co. 1st M .,g o !d .p . .V i. guar, b y C. A O.o*
2d m o rtga ge , fo r $ 5 0 0 ,0 0 0 , in co m e , non-onm .e* I ----1 888
S e w R iv e r B rid ge B on d *, gold .....................................! ------i 1888
'iB n e k ’ a m B r .R R lls t M .,$ 1 5 ,0 0 0 p ,t ii.,g .g n .,p ,d ie *
1 8 ! 1892
G re e n b rie r A S e w R iv e r R R , 3-r m o r t g a g e ----------------------M a n ch e ste r c it y * Im p b on d s <s», $ 4 5 ,2 0 0 ).................................
‘
1 "I!..
f G u aran teed Join tly an d s e v e ra lly with I'ie v . CIn. C id. A

5 0 0 A c.
1 .0 0 0
100

1.000
1,000

1,000

1

5 0 0 A c.

3
5
5
7
5 g.

4 0 0 .0 0 0
3 6 6 .0 0 0
2 5 0 .0 0 0
3 0 0 .0 0 0
8 7 5 .0 0 0
6 0 .4 9 3 .0 0 0
2 .2 8 7 .0 0 0
2 ,0 1 3 ,4 7 9

J. & D
B a ltim ore.
M. & 8.
J . t j D . j j S . Y .O ff,2 1 Cortlandt- St.
In d e fa u lt.
F. & A .

A, & O.

,J. P . M o r g a n .
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

2 , 000,000
1 4 2 .0 0 0

1,000 23.553.000 |
1,000 ■ 6 . 000,000 [
1,000 ! 1,000,000
1.000
650.000
1,000

1,0 00

1,000
1,000

4 0 0 .0 0 0 I
2 3 .0 8 1 .0 0 0 i
3 .0 0 7 .0 0 0 I
8,000
2 1 1 .3 6 6

i 1,000

; i,ooo
:

j

1 .0 0 0
1,000
1,000

1
8 2 0 .0 0 0 I
3 1 5 .0 0 0

170.000 1

2 6 9 .0 0 0
3 7 0 .0 0 0
8 1 .2 0 0
i’.ooo • '3,000,000
St, L ou is.

N ew T o r i .

J,

6 g.

I
i
1

1 92 5
1 925
P T ! 0 , ’9(>,1 J
-.»%
A p r. 1, 1 938
M ob. 1. 1 915
J u n e l o ,1 8 9 9
A u g. 1 5 ,1 9 3 7
J u ly 1, 1 89 8
J u ly 1, 1 9 0 8
J an . 1, 1 91 1
J u n e 1, 1 9 2 2
M a y 1, 1 93 9
Jan . 1, 1 98 9
J an . 1, 1 989
J u ly 1 , 1 94 0
M oh. 1 , 1 94 1
H o b . 1, 1 99 2
M oh. 1, 1 90 2
V ariou s.
V ariou s.

do
do
O ct.
O et.
M. & N. K .V ., J .P . M organ A Co. M a v
R ich m o n d ,
S ept.
do
A ug,
S. S .Y ..J .P .M o r g a n A-Co

1,
1,
1.
1,
1,

1 938
1988
1 898
1 942
1 942

M a r . l , 1 915

I

Leased till 1 971 t o th e P itts b u rg C in cin n a ti & SL Lends (n ow P itts­ mortgage? 4 ^ p e r cen t# in ce r ta in p r o p o r tio n s . F irst p r e fe r r e d f o r
burg C in cinnati C h ica go A 8 t. L ou is); the ren ta l is net earnings
$ 3 2 ,5 0 0 an d second p re ferred f o r $ 2 8 ,9 0 0 o n ly w a s o u ts ta n d in g J u ly
Capital s to c k , $ 6 4 5 ,3 6 0 (p a r $ 5 0 ), o f w h ich th e P en n sy lv a n ia R a il­ 1, 3 896 . S ee term s o f e x c h a n g e in V . 5 4, p. 642.
roa d ow n * $ 33 3 ,8 5 0 . D iv id en d s sin ce 1 8 8 6 : In 1 88 7 , 1888 a n d 1889,
B o n d s .—T he. se r ie s 4 bonds o f 1 878 c o v e r , s u b je c t to th e p u r c h a s e
S p er c e n t ; In 1 89 0 , 5 % ; in 1 891, 7 k ; in 1 8 9 2 , 8 ; In 1893, 1 0 ; In
m o n ey 6s, th e m ain lin e fro m R ic h m o n d , V a., v ia C h a rlo tte sville t o
1894. 10; in 1895. 9; In 1890, 9; In 1897, A pril, 5 p. c.
A sh la n d , K y , 4 2 8 m iles, an d a re e q u a lly s e cu re d w ith th e P e n in s u la r
E a r n in g s .— Fo r y e a r e n d in g D ec. 3 1 , 1 8 9 6 . gross. $ 2 7 7 ,5 2 3 ; net. E x ten sio n (hr b y liret m o rtg a g e o n e x te n s io n to N e w p o rt N ew s, 7 5 m iles.
$ 12 0 ,9 0 6 ; lo t. and ta x e s, $,>9,320; d iv id en d *. ♦4.8,077; b a h , sar. fo r
T iie con solid a ted m ortg a ge d u e in 1 9 3 9 Is f o r .$ 30,000,000 (trustee
yea r, $ 3,5 09 . In 1 89 5 , g ross , $ 2 8 2 ,8 8 4 ; n et, $ 6 5 ,2 1 9 ,
C en tra l T ru st C o m p a n y ), and s o flicje u t b o n d s a re r e s e rv e d to
C h a t e a u g a y K i t . —O p erate* n a rro w -g a u g e roasi from P la tlsh n rg , p ro v id e fo r p rio r lien s. T his m o rtg a g e is also s e cu re d b y d e p o s it in
8 , v ., o n the D ela w a re A Hudson, to S a ra n a c L a ke, in the A d ir o n d a ck trust o f th e $ 1 1 ,0 0 0 ,0 0 0 b o n d s a n d tw o-th ird s o f th e s to c k o f the M aysM ou ntains, 7 3 m ue*. O f th is it o w n s from D am im u or.i to ..y o n l i t . . vilie A B ig S an d y R R ., [o n ro a d A sh la n d t o C o v in g to n , K y .], a n d o f th e
18 m ile - a n d lease* th e C h a tea u ga y k a U tca y, L y o n Mr, t o S a r a n a c B rid g e t o C incinnati, a ll o w n e d h r th e C h e s. A O. R R . (See a b s tra ct, V.
Lake, 3 9 m iles, and the P ia tts h o rg A D a n u en iora R R . (so-eaH edl, 4 9, p, 147./
B attirtiu rgto D am n-m orn, 1 6 fit. T h e la tter roa d i* leased fro m th e S la te
R ich m on d & A lleg h en y D ivision b o n d s c o v e r the lo w -g ra d e fr e ig h t
o f -V. Y. fo r o n e d o lla r a n d th e fr e e trausporsatiO 'i o f fr e ig h t to the
ro u te fr o m R ich m o n d via L y n ch b u r g t o C lifto n F o rg e an d b ra n ch es.
.State's Prison at Ilannemora. The Chatcangav Railway Is U - . f o r
(Jfort* a b stra cts, V. 5 1 , p. 144.)
; interest o n Us b o n d *, v/iileh a r e g u a r a a te -d p rin c ip a l an d Interest by
T ho g e n er a l m ortgage o f 189*3 (C entral T ru st Co. a n d H . T . W ickham
1 tli*- D e la w a re A H u d son O m s i Co.
R e lit in In terest o f an Iron
m in ing c o m p a n y and to ca r r y ra m m e r tra v el t*» th e A d iron d a ck *, in trustee#) is f o r $ 7 0 ,0 0 0 ,0 0 0 , b u t auiditional am ou nt# a t $ 2 5 ,0 0 0 p e r m ile
J a n u a ry , 1 89 7 . th e S a ra n a e it ■ k e F la rld . 1 0 m iles, w a s tea sed fa r 1 7 m ay b e issu ed f o r d o u b le -tra ck in g . O f th e $ 7 0 ,0 0 0 ,0 0 0 as a b o v e ,
l.a
$ 3 2 ,0 9 1 ,0 0 0 b o n d s w ere re se rv e d t o p ro v id e fo r th e $ 3 0 ,0 0 0 ,0 0 0 eo n years J o in tly w ith th e C h a te a u g a y O re A I r o n C o,
sols o f 1 88 9 , Issued o r to b e issu e d , ©te. T h e b a la n c e u n issu ed m ay b e
E i U E s m .—I d y e a r e n ilin g ja n e 3 0 .1 8 9 5 , g ross , $ 9 6 ,0 2 9 ; d e ficit u n d e r m id fo r n e w a cq u isitio n s , r o llin g s to c k , e t c ., b u t n o t m o re than
I op e ra tin g e x p e n se * $ 7 ,0 3 6 . C harge*. $ 2 3 ,2 8 1 . B a la n c e , 4,-tk-il fo r $ 2 ,0 0 0 ,0 0 0 th e r e o f in a n y «»© yea r. T he m o rtg a g e co v e r s th e e n tire
: year.. $ 3 0 ,9 1 * . In 1 8 9 3 -9 4 g r o ss . $ 8 8 .5 6 3 ; -I.-fteit fro m o p e ra tin g , p r o p e rty o f th e co m p a n y , real an d p e rs o n a l, a t th e tim e th e
; $ 20 ,19 9 . T o ta l su rp lu s J u n e 3 0 . 1 8 9 1 , $ 6 4 7 ,9 9 3 . C h a tea u g a y B y . u»?**d w a s m ad e, an d all a d d itio n a l p ro p e rty
and
m ile a g e
ha* $ 1 6 8 ,0 0 0 s to c k o u ts ta n d in g .—V. 6 4 , p, 182.
a cq u ired w ith th e p ro ce e d s o f th e b o n d s. S ee fu ll a b s tr a c t o f m o rtg a g e
C h a t t a n o o g a R o m r A C o l u m b t i * K K . —O w n s roa d C a r ro llto n , in V. 5 4 , p . 644 ; a lso V. 5 4 , p. 6 4 2 ; V . 5 5 , p . 335. In A p ril, 1 89 7 ,
« A , v ia Euro©, t o C lm tta& ooga. T e e n ,, 138 m ile#. S oM in foreclos or© $ 2 1 ,7 0 9 ,0 0 0 , h a d b een .listed on N ew Y o rk S tock E x ch a n g e .
Th© E lisabeth?n L ex in g to n d B ig S a n d y tirst m o rtg a g o noiid#, interest;
J i b . 1 3 , 1807, t o 8 . B o p f 4k C o „ S .Y ., fo r | 5 0 0 ,0 0 0 , w ljje c t t o th e H om e
A C a rro llto n m o rtg a g e o f $l50,Q(Mh
o n w h ich ha# b een re d u c e d to 5 p e r ce n t, h a v e b een en d o rse d w ith the
j o f f 5 0 0 ,0 6 © tirat 0 . A O . gu a ra n ty o f p rin cip a l and Interest, an d gen era l m o rtg a g e b o n d s
P lan .-- P lan In. V . 6 4, p. 0 1 6 , p ro v id e # f o r th e I*
i asottgag© &*» |l,6O0,OO p n o u * fiii«. 5 p. c. p r v fe r r
«toek and $1,600, h a ve b een set- a sid e t o retire them a t m a tu rity .
T h e L o u is v ille d- J e fferm n eiU e B rid g e b o n d s, o f w h ich $ 3 ,0 0 0 ,0 0 0
1 $ 0 0 cetBtBBfl; ol(| 'boadht>I4efit r e c e iv e 7*» p» c.
n ew p referred an d
70 p, o . i n n e w © ©to m o o , a n d ra a jr u o h u c r l b e t c
gw 5# at p a r fo r *25 a re o u ts ta n d in g , a re g u a r a n te e d jo in t ly a n d s e v e ra lly b y th e C h esa ­
p ea ke A O h io a o d C le v e la n d C in cin n a ti C h ic a g o A St. L o u is ; a n y d e ficit
p„ c . o f t h e ir o ld h o ld in g s , w it h b o n « » o f 2 5 p . c , e
% in preferred, and
P la n wn* a d o p te d on a c c o u n t o f th e b rid g e is p a y a b le b y them in th© p r o p o r tio n o f on ej e m e u ftt o e k . l*5g*3M»it©ry C e n t r a l T r u s t C o . , X.
e w t l 'B e i t e h o l d e r * In A p r i l . 1 8 0 7 , e x c o p
> Horne 4 C a r ro llto n , th ird and tw o -th ird * re s p e ctiv e ly -—te e Y , CO, p . 130; V , 0 1 , p , 8 2 7 ,
I w h ic h w a s r e f e ;
1 t o s p e c ia l m m m itt r
F o re c lo s u re s u it o f li, A C. 5 59i V . 6 2, p. 8 4 and se p a ra te s ta te m e n t fo r L . A J . B rid g e Co.
|mortgage w i » to bo »l*0tight. If, 6 4 , p.
OrKRiTJONS, F in a n c b s , A c .-~ 8 iQ e © th e .re o rg a n iz a tio n in 1888* w h en
th e c o n tr o l o f th e c o m p a n y w.*# p la c e d f o r five year# in th© hand# o f
E a r n in g s ..~~Ye a r id , J o n e 3 0 v 1 8 9 6 , g w » , 8 2 4 i .3 3 0 ; n et o v e r ta xea
trustee#, th© p r o p e rty ha# b e e n g r e a t ly e n la rg e d a n d im p r o v e d . I t is
f | l , 888 , In 1884*5 groan, m i t *000,— (V . 6 4 , p, 13*3, 5 1 8 , 7 5 4 0
o p e ra te d in h a rm on y w ith th e V a n d e rb ilt lin es.
h a f t a n o o g a s < > u i h pri* l i f t . — irn * ro a d , co m p le te d In d o n e , • T h e 0 . A O . J u n e 3 0 ,1 8 9 6 , w a s lia b le f o r b ills p a y a b le $ .575,000, o f
-O
1891, from Tennessee Hta ta Hue to 6kdnd<sBi Ala., $ 7 musi; - outid M t ! w h ich $ 1 2 5 ,0 0 0 on a c c o u n t o f th e in v e stm e n t in ste a m sh ip com pany*©
|branch. 3 mile# ; truck# m to Chattanooga, 5 mi!©# siding* and \d e b e n tu re s, wh*©h a re s u b je c t to sale ; th e b a la n ce , $ 4 5 0 ,0 0 0 , r e p r e ­
I'spars, 10 m ile a ; to ta l o f ; ill track, 103 mile*. Organized In Jan., 1896, l sented a p a r t o f the eq u ip riien t n o te * a n d c a r tru st b o n d s p a id o ft u u rj m. su cce sso r t o € b attune* ■#» Sen lb era R ? ., told In foreclosure Fob. 1*1, |ittsf the la *t t w o y«& ni. T h e s e lo a n s a re o n l o n g t im e , w ith a p o rtio n ,
1885, and wa# to b pforgur
I per plan ft* V. < i , p 830, but hard ' o f $ 1 ,0 7 4 ,0 0 0 m p e r e e jit b o n d * In th e tre a su ry as ootiiiterai. 0 . A 0 .
1
I tim es b a r e p re ended th e lm
»f the new eeeartt!**#.
is a lso liab le as g u a r a n to r o n th© N orfolk W h a rf W areh ou se A T e r ­
B o n d #,—
-Tlift msw $ m in are $ 5 ,0 0 0 m r m il b on p re s e n t m l l e a p a n d j m in a l p ro p e rtie s a m o u n tin g t o $ 12 3 ,8 4 1 .
$10,000 on e x ten eio n*. H i e o ld b o n d h o ld e r * 1 e r e rep a ired to su b scrib e j T h e in terest ch a rg e * fo r the fiscal y e a r 1896*97 fin c lu d in g in terest on
f
sfo r th e n e w b on d i a t pa r to the a m ou n t o f 25 jMsr c e n t o f th e ir holding**, j the $ t ,0 7 4 ,0 0 0 o f bj p, t. n on ds m the tr ea su r y on J u n e ?o, tbqb) a re
In J an u a ry , 1897 nob© >nd* had been fasni
estim ated at $ 3*133,471, a g a in s t $ 3 ,1 0 9 ,3 6 0 in 1894-95. V. 6 3 , p . 315 ,
-see V. 6 3 , p. 401,
Mjut&mm.— In y e a r *
ending J u n e SO. :189 S.gro«Mt, 875,270; deficit | T h e steam sh ip lin e w a * fo rm a lly op e n e d S e p t 7, 1 8 9 3 , a n d o w n s
u n d er o p e ra tin g tsxpen* «a , $ 1 ,0 6 5 . In 181*44 »5, g roa t, $66,*311; d elicti six n ew ste a m e rs, u s in g the ra ilro a d w h a rve s a t N e w p o rt News.
u n d er o p e ra tin g e x p e n s m , # 2 ,5 8 2 . P ra
ni. It, A. V. Post, Xew 1 jEARNFNGs.-8 m onth#, / 1 8 9 6 -7 ....O ro% *. $ 7 ,0 5 2 ,4 8 5 ; n e t, $ 2 ,3 6 8 ,8 5 2
Y o r k ; S ecretary, E . U. iO vtporpkft B r o a d * 'ay.
J u ly l to F e b . 28.
J 1 8 9 5 -6 .. ..G r o g s , 6 ,9 2 6 ,1 0 0 ; n et, 2 ,1 9 2 ,6 1 3
A n n u a l R e p o r t .— Fisc a l y e a r ©ad# J u n e 3 0. A n n u al m e e tin g ia
C h e r r y ITft tle r S l i a r e n 4k A l b a n y i t f t . —0 t i . t from Cherry
Talley to ObU m k IU, X. Y ., 21 milee. In 1878 road was aeonlred held a t R ich m o n d on th e T u e sd a y p re ce d in g th e la st T u e sd a y in
A lbany 4k 0QUM.1 h r D, A H. Canal Co., which now operate# O c to b e r. R e p o rt fo r 1895*96 w a* g iv e n in full in V. 6 3, p. 3 0 9 , 3 1 4 ,
i t i-toet, $289,100; par, $50.
and sh o w e d th© fo llo w in g . He© a lso ed ito ria l p. 201,
T raffic.—O f th e tota l to n n a g e (8 ,5 4 4 ,8 3 5 ) in th e y e a r 1 8 9 5 -9 0 , co a l
4k O h i o i
t
M a p . / —O perates from N e w p o rt
and co k e furnish© - 3 ,4 3 1 ,1 1 5 ton#, o r 52*2 p e r c e n t o f th e w h o le ;
Va., and W aahlilirtoo, u . C.» t o C fn eln n a ti. O h io, w ith b ra n ch e
eytii S M
m .... r w
d:
Milrs. } TAn& €<rmtr*d by kim k, etc. Mile*. p r o d u c ts o f a g ric u ltu re fu rn ish e d 9 p e r c e n t T h e a v e ra g e ra te r e ­
M
Old P oint C o m fo rt and Ne
c e iv e d on se a b o a rd co a l w a s o n ly 2 5 3 m ill# p e r to n p e r m i l e ; o n a ll
B ridge—C orin#rton, K y ., to
p o rt N ows r i a C h a rlotte*| d n cla n a il, O h io ............. .
2 fre ig h t, 4 -26 m ill*. A v e 'g e tra in loa d, 225 ten s in 1 8 9 0 an d 3 2 5 in *95-90.
AdiJe to A shland, fC y ........... 5 1 9 I .E llra both tow n I ^ x i n g t o n A
T ea r e n d in g J u n e 3 0 —
IfWH.
1 895.
1894.
H i e h n io n d v i a f . y t t c h b t t r g t o
• is “ anil-.- HR. ........; ............ 103 Mile# o p e ra te d .........
- 1 ,300
1 ,3 0 0
1,363
Qttttxm Forge* V a .............
2 8 2 1Si
hranelies
------’
*245 i
« .< 1 4 0 ,7 9 0
$ 1 ,8 1 7 ,1 4 8
$ 2 ,0 1 1 ,9 7 7
«w tf(S (nilrw (el j y ifo d f, ife —
* "*
* *
. W
Trachage to — ashington...
F r e ig h t.______ . . . . . . . . . . . .
7 ,8 1 0 ,5 0 8
7 ,3 0 1 ,3 1 6
6 ,0 3 0 ,2 0 1
M *y-vH la A B ig Sartfly R R .
Leased
30 i Express, mail and raisceL
4 0 0 ,7 4 3
4 4 4 ,0 0 7
4 0 1 ,9 3 0

4

1

1

A*hlaml. K y.,to«'ov|ngton, 1 4 -tS
leconil truck.............................
82 1 Total system ..........................1,300

$ 1 0 ,2 2 1 ,1 3 1
6 ,0 6 3 ,1 5 3
(08!

$ 9,5 9 0 ,0 3 1
6 ,4 0 4 ,5 2 8
(07)

$ 9 ,0 4 4 ,1 0 8
6 ,0 2 7 .1 2 7
(07)

$ 3 ,2 5 7 ,9 7 8
$ 3 ,1 3 1 ,5 0 3
2 3,5 47
11,4 45
S J S u * A p ril 2 , 1 8 / 8 f a n d this c o m p a n y org a n ized . In 1 88 8 . u n d er O th er in c o m e . . . . . . . . . . . . .
D rexel, M organ A Co., re org a n iz ed w ithout fo re clo s u re , j
T o ta l an d n e t in co m e
$ 3 ,2 8 1 ,5 2 5
™ th e road e rte n d e d to C ine inn a il. T h e con so lid a tl on w ith the R ich- j
$ 3 ,1 4 2 ,9 4 8
n ^ A A lle g h a n v w a s con su m m a ted in .January, 1890. T h e B iizabotb S
$ 3 ,1 2 0 ,1 4 0
$ 3 ,0 0 8 ,1 1 8
own ijexlngton A Big Bandy and other road* were absorbed In 1892 ! R en tals o f tracks n e t . . . . .
935
5,914
•
®
1893* the ChesApeake A O h io S tea m sb ip Co., con trolled
7 ,1 1 0
1 3 ,0 7 7
Loss o n grain e le v a t o r . . . .
*y this company, began operation*. Sec below and V. 55, p. 1078.
D iscou n t an d e x e h ’ ge , A c,
7 ,1 3 2
M och I# $ 6 0 ,4 9 3 .0 0 0 ; increased from I
B aian ee, s m r p la s ....,,
.
$147, 40
,3
$ 1 8 ,7 0 0
, »
sin ce 1 892 th rou gh e x c h a n g e o f p ra ctica lly
the f2o,OCXl,OO0 o f p referred s tock s fo r com m on s to c k a n d gen eral —IY. 02, p , 84, 6 8 3 , 1 08 8 ; V. 6 3, p . 2 9 7 , 3 0 9 , 3 1 4 . )

$ 3 ,0 1 6 ,9 8 1
1 3,3 60

..

,

; T ra rk n g' te te u iis v ilii'...........

$4 j O per. e x p e n se s and ta x e s.

. ii.r ta e a b o v e m ilea g e 1 9 m iles is narrow -gang© road. O f th e “ le a se d ” P e r ct. e x p e n se s to earn#..
*1 miles Is on B. I*. A B. 8. and 9 miles on Wa«hlnictoti Une.
,i S ? TOK * < ’ TlL form er CTie^apeakc A Ohio was sold In to r v j
.T'
2
e

1

$ 3 ,0 3 0 ,3 4 7
$ 2 ,9 4 8 ,1 1 2
2 ,0 2 2
9 .7 8 9
5 0 ,9 0 4
$ 1 8 ,8 6 0

INVESTORS’

SUPPLEMENT.
LVol. l x i v .

EAILEOAD

Ap r il , 1897.]

27

STOCKS 4ND BONDS.

S u b scrib e rs w ill c o n fe r a great fa v o r by g i v in g Im m e d ia te n o tic e o f a n y e rr o r d isc o v e re d In th e se T a b le s .
B onds—P rin c i­
i
IN T E R E S T O R D IV ID E N D S .
. M iles D a te Size, o r
p a l,W h en D a e .
i— — ■
------ ----------------- ;-------------------------of
f o r ex p la n a tio n o f co lu m n L ea d in gs, A c ., see n otes
of
Par
P61 V ix e n W here P a y a b le , a n d b y Stocks—L a st
Pavahle
Whom
R oa d . B ond s, V alue. outstanding, a t
D iv id en d .
o n first p a g e o f tables.
P a ya b le
R A IL R O A D S .

C hesapeake Ohio <* S outhw estern—1 st m o r t .,g o ld .c '
3d m o rtg a g e ($ 1 1 ,0 0 0 p e r m ile !.............................e*

Equipment trust bonds (see text).......................<*
s

352
352

1 88 1 : $1,000
1 881 I 1,000

$ 6 ,1 7 6 ,0 0 0
3 .8 6 5 .0 0 0
5 6 3 .0 0 0 :
4 ,1 5 1 ,3 1 3

i 1,000

6

F . & A . F e b ., '9 6 ,p d . Jn e. 30,*96 A u g. 1 , 1911
F . A A Autr., '9 3 , oou p . la s t p 'd . A u g. 1, 1911
J u n e , 1 901
S em t-an
I n d efa u lt.

F lo a tin g d e b t J a n e 3 0 ,1 8 9 5 .......................................
C hester Co. Cent.— 1st M .,.$60O ,O OO,g.,s.f.,n0tdwn.e
J . & J . P h ila d e lp h ia Office.
Jan. 1, 1927
1897 500 A c.
600.000
—M.
C hestnut B ill MB — S to c k ,r e n ta l P. A R. R y ...........
50
1 2 0 ,65 0
I"'
—M. 1 N .Y ., C n yle r.M o rg’n ) M oh. 1,’ 9 7 , 2%
1 00 I 1 8 .7 5 1 ,1 0 0 8 p e r an*
Chicago <£ A lton—C om m on s to c k ...................................
— M. ( A C o A U liie.T r.O m c8 ) M eh, 1,*97. 2%
P referred s to ck (7 p e r ce n t y ea rly n o t oa m n la tl ve)
100
3 ,4 7 9 ,5 0 0 8 p e r an.
322
Gen. M ., J o lie t t o E. St. L ou is A b r., sterlin g . . . o '
1 873
1,000
4 ,3 7 9 ,8 5 0
6 g. J. A J . L on d ’ n.J.S.M organ A C o. J u ly 1, 1 903
162
B J.bondsi K.C.Bt.L. AC. l s t i L c o ld ,g o ld ,n o t d r’n . o 1 87 8
1 ,0 0 0 . 1 .7 3 0 .0 0 0
6 g. M. & N. N. Y ,, C n yler.M org , A Co. M a y 1. 1 90 3
do
do
F b . 1,*97, 18i%
K ansas C ity S t L k C . p r e f. stock , g u a r a n te e d .- 162
100 ; 1 .7 5 0 .0 0 0 6 p e r an.
37
Joliet & C hic., 7 p .c . stock , p erp et,,a u a r. b y C .A A .
N . Y ., U. S. T ru st Co. A p r ., ’ 9 7 , 1% %
100
1 .5 0 0 .0 0 0 7 p e r an. & - ! :
_____ J a d e , A
■
1,000
J . A J. X . Y .,C u y le r,M o rg .A C o . J u ly 1, 1898
St. L J _______ C h ., 2 d I t (n o w H I en d . b y O .A A , 150 I 1868
1st),
2 3 0 .0 0 0
7
do
do
L ouisiana & M o., gu a ra n teed p re fe rr e d s t o c k ------ 101
100 I
3 2 9 .0 0 0 7 p e r an. F. & A .
F e b ., ’ 97, 3^2%
do
do
A u g. 1, 1 900
1st W ort, (gu a r. p . A 1. and la te r a ssu m ed )........
101
1870
F. A A.
1.000 i 1 .7 8 5 .0 0 0
7
M. & N.
do
do
N o v . 1, 1 900
2d cuort. (gtiar. p . A L a n d la te r a s s u m e d )..........
101 : 1 87 7
7
1.000
3 0 0 .0 0 0
SUM. R iv e r B r .,s t o c k (7 p er ct. guar. b y C . A A ) ..
....
3 0 0 ,0 0 0 7 p e r an. J . A J. Ohio., T re a s u re r's Office J a n ., >97, 3% %
1 st M., go ld , a ssum ed , s in k .fu n d , d r'n at 1 0 0 .. cs* ----- : 1877
i ',000 1
5 3 0 .0 0 0
6 g. A. & O. N .Y .,C u y ler,M org.& Co. O ot. 1 . 1 9 1 z
Chicago B urlingloit A .Vor.'Ac,--: -S to c k $ 1 2 ,0 0 0 ,0 0 0 ...........
, 9 .6 6 5 .0 0 0
1st m o rtg a g e , s ln k 'g f o n d , red eem a b le at 1 0 5 . . * 3 3 6
A . A O.i N .Y ., F .L .A T .C o.A B ost-. A p r. 1, 1 926
8 .1 4 7 .0 0 0
5*
1 8 8 6 5 0 0 Ao.;
O
A
do
do
2d M. irs ibis nilfj. m l after M ay 3 1 .1 8 9 8 ....... o* 342
$3,625,000, red.
M ac 31, 1S 9S ____o '
1S8S
J, & D .
3 .4 5 0 .0 0 0
J u n o 1, 1918
1,000
6
F eb . 1. 1 908
do
do
F. & A.
9 0 8 .0 0 0
E quipm ent m o rtg a g e —s ee t e x t —
1 1 888
1,000 1
5
.................
i A p r. 1. 1 926
A. A O.
1 8 9 4 10.000.4l!:
2 3 0 .0 0 0
6
F unding notes.
Chicago B u rlin g ton A Q uincy—S to c k , see t e x t ........
100
32.002,800 410 1896 Q . - M . ;X . Y „ B o sto n an d Ohio. Meh. 15.’ 9 7 ,1 %
Con. M .e o v 'n g C h . T erm , (n o w 1st lien) see t e x t .c
755
1 873
2 8 ,9 2 4 ,0 0 0 i
7
J. A J. X ,Y .,B k .o f C o m .& B o a t, J u ly 1, 1 903
1.0 0 0
Sink, fu n d b o n d s (1 st M , m eolLt n ot d r'n . e '* r
do
ao
I O ot. 1, 1901
284
1878
5
A . A O.
1.000 a 2 ,3 1 5 .0 0 0 i
Cli. B url. A Q . Iow a D iv ., a. f. 5 s, d ra w n a t 1 0 5 . . )
a .,n ( 1879
do
do
j O ot. 1, 1 91 9
i b 2 ,8 1 8 .0 0 0 .
5
A . A O.
do
do
! O ct. 1, 1919
Io w a M r ., a t m o rtg a g e 4a, d r a w s a t 1 0 0 . e * r i
1 1879
1.000
c 9 .0 7 I .0 0 0 !
4
A . A O.:
Sink. 6 r a d 4 s (fo r B. A S, W.> d ra w n at 100 . c A r '
----do
do
i S ept. 1, 1921
d 4 ,3 0 0 .0 0 0 ;
4
1381
M. A 8 .1
D e n v c r e x te n . (co lla t. tr.) li’ ils. s.f. dr’ n a t 1 0 0 .C
415
do
do
F e b . 1 , 1922
1.000
F. A A.
1391
e 7 .9 G 3 ,0 0 0
4
D eb en tu res fo r H a n . A St. J o s e p h s t o c k ..........c
do
do
M ay l , 1913
___
1883 j 1,000 : 9 ,0 0 0 ,0 0 0 !
M . A N.i
.JV W
5
a I sm m $ 2 ,5 0 0 ,0 0 0 ; -redeem ed b y s in k in g fu n d -a n d ca ' nceled . $1.85.0 0 0; sin k in g f an d a sse te. $1,51 4 ,3 0 7 . b . $ 1 8 2 ,0 0 0 ,a n d 1e , $ 3 ,2 2 4 ,0 0 0 ;
ca n c e le d are n o t Inclu ded , <1. $ 1 ,0 2 0 ,0 0 0 ; r , $ 1 ,7 0 9 ,6 0 0 a r e In s in k in g fu n d tm eanel e le d and a re hero In clu d ed .

|

100

0

1.000
1.000

C h e s a p e a k e O h i o Sc S o u t h w e s t e r n K K . - ' S " M a p I llin o is
O oU n tl.)—L o u isv ille, K y ., t o M em p his, T e n n ., 3 9 2 m iles, an d b ra n ch
S haabeshtow n t o C ecilla n J u n c tio n 6 m iles, 3 9 3 a n le a ; o f w h ic h is
leased fro m L o u is v ille A N a sh v ille th e ir O ecttlan b ra n ch , 4 6 m iles.
Aim,
n u t e s e p a ra te ly th e B o d g o n s v llle A E lis a b e th to w n a n d th e
T ro y T ip ton vtH o ra ilroa d s . 1 6 m iles, m o st o f w h oso secu rities a re
ow nedH is r o R r .—In N ov em b er, 1 8 9 3 , a targe a m o u n t o f th e ju n io r s e c u r e
tie* t r e e l i s t V . 6 2 , p . SH8), an d s a b s e q u o n tly n e a r ly th e e n tire issu e
o f Obis*,; O . A S, W, first*- w e r e p u rch a sed b y th e Illinois- C en tra !,
which c o m p a n y a lso o n J u ly 2 5, 1898, p u rch a sed th e ro a d its e lf fo r
$1,5 00 ,0 0 0 a t forelo-rare sale u n d er th e reoon d m o rtg a g e . P o s se s sio n
was tak en A u gu st 1, 1 89 6 , b u t the reorg a n iz a tion w ill n ot tak e p la c e
till la ter in 1897. V . O. A -V >r. first m ortg a g e co u p o n s d u e F eb ru a ry ,
.
1896. were paid JnneSO. V. 62, p. 1176. The Paducah A Elizabeth
b onds f o r $ 4 7 3 ,0 0 0 w ere p a id o il F ob . 1 ,1 8 9 7 , T h e w jntp m en t sc.-tir­
ing the equipment trust bond * o f 1901 was sold at a u ctio n . V . 64, p. 663.

i F ea r e n d in g D ec, 3 1 — 1 8 9 6 .
1 M iles o p e r a t e d ...........
843
j P a ss e n g e rs .................. $ 2 ,1 1 6 ,2 4 3
| F r e i g h t ......................... 4 ,3 3 8 ,9 0 6
M all, e x p e n se s , e t c ,.
3 8 5 ,1 4 0

1 895.
813
$ 2 ,1 3 4 ,1 5 5
1 ,2 8 9,90 9
378.-121

1894.
843
$ 2 ,0 4 3 ,9 1 2
3 .8 8 1 .5 4 4
3 0 6 ,7 8 0

1 89 3 .
843
$ 2 ,9 0 0 ,8 2 0
4 ,2 7 3 ,1 1 7
3 9 2 ,7 0 2

T o ta l gross e a r n s ... $ 6 ,8 1 0 ,2 8 3
j N et e a rn in g s ............... $ 2 ,8 0 1 ,7 3 7
O th e r re ce ip ts.........
234,*257
| Pretn'ft on n e w s to c k .......................

$ 6 ,8 0 2 ,4 8 5
$ 2 ,8 1 9 ,4 9 2
2 4 1 ,5 2 5

$ 6 ,2 9 2 ,2 3 6
$ 2 ,6 6 3 ,5 4 8
2 7 3 ,0 1 9
3 4 4 ,7 7 9

$ 7 ,5 6 6 ,6 3 9
$ 2 ,9 1 0 ,7 5 0
3 0 5 ,3 3 6
131

T o ta l r e c e ip t s ..........$ 3 ,0 3 5 ,9 9 4
R entals p a id ............... $ 4 3 0 ,4 7 5
C on stru ct., eq u ip ., A o.
5 2 ,3 7 8
In terest on d ebt____
5 0 7 ,9 5 9
109,401

$ 3 ,0 0 1 ,0 1 7
$ 1 2 2 ,7 7 2
1 8 ,7 6 5
5 7 9 ,0 1 8
1 ,7 7 8 ,4 4 8
2 1 ,5 0 6

$ 3 ,2 8 1 ,3 4 6
$ 6 3 2 ,9 8 7
2 6 ,2 1 8
5 2 7 ,5 0 4
1 ,7 2 9,42 4
1 08 ,22 7

$ 3 ,2 1 6 ,2 1 7
$ 6 5 3 ,8 9 2
2 1 7 ,8 3 3
6 3 2 ,0 3 7
1 ,5 8 2 ,3 3 6
5 7 ,3 4 2

$ 1 7 ,3 3 3

• $236,908

$ 1 9 6 ,9 8 6

$ 7 2 ,7 2 7

Dividends................... 1,773,418
M iscella n eou s.............

A s s c a l R e p o r t .—Fis c a l y e a r c h a n g e d to en d J u n e 30.
Tear—
C ross ea rn s.
h'et.
O ther ine. I n t . e l e .
Balance*
1 8 3 5 -9 6
..........$ 2 ,4 6 2 ,4 3 6 $ 3 1 5 ,6 4 6
$ 1 ,7 8 5 $ 7 9 1 ,1 2 0 $ 2 8 ,3 1 1
(89
............. r.
7 9 9 .r u
1.736
o •
27.8 59
I k 1 8 9 3 -9 3 g r o s s ,$•2.410,208; la 189 1 -9 2, $ 2 ,2 9 7 ,8 2 5 .
—(V. 63. p. 188 , 227 ; V, *54, p. 2 3 3 . 122, 6 6 3 .

B ala n ce, s u r p lu s ....

* In a d d itio n $ 2 0 3 ,7 0 5 w a s nanl f o r o ld cla im s to W iggin s F e r r y Co.
—iw. 6 1 . p . 3 6 0 : V. 6 2, p . 3 1 7 , 3 5 9 , 3 6 0 , 5 8 3 ; V . 8 1 . p . 3 .5 7 , 3 7 0 .

1

f h e a t e r A L e n o i r N a r r o w G a n g * - I I I t . —S e e C a rolin a A N orthw estern R y,

1

b e s l n u t H i l l H B , - O w n * from O e r m a n to w n t o C h estn u t H ill,
P a ., 4 m ile*. R e-lea sed lu 1 *96 to Phlla. A R ea d in g K y., the ren ta l
bein g red n esd from 12 p e r c e n t t o 6 p e r c e n t o n s to c k .

1

C h i c a g o B u r l i n g t o n A N o r t h e r n I t K , - R o a d fro m O r e g o n ,
IB.. » ,3L Paul, M inn., 3 I I m lle-y ln c lu d ln g t ra ck a g e 2 5 m iles (3 1 8
m iles o w n e d ): o t h e r tra ck a g e , 5 m ile ,, o w n s fro m F u lto n t o S a v a n n a ,
i
111., 17 m ile*; b ra n ch e s, 6 m ites; to ta l, 371 ratio*. C o m p le te d A u g., 1880.
J an . I. 1 89 5 , C. B. A Q. o w n e d $ 9 ,5 5 5 ,6 0 0 o f the s to c k . (V . 5 0 , p. 3 90.)
i B o n d s .—T he C. B. A -i- and C h ica g o A I o w a g iv e a trartio g u a r a n te e
j fo r 2 0 y e a rs from '8 5 o f -m o-h a lf o f th eir n e t e a rn in g s d e riv e d fro m b u s i­
ness t o an d fro m th e N orth ern (to b e n o t less than $ 1 0 0 ,0 0 0 p e r y e a r)
fo r th e retirem en t o f C h ica go B u rlin g ton A N orth ern firsts a t 105; and
a fte r M a rch 3 1 , 18 9 0 , th e w h o le Issue m a y bo re tire d a t 105 . T h e
a m o u n t o f firsts o u ts ta n d in g has thus b e e n re d u c e d fro m $ 9 ,0 0 0 ,0 0 0
; to a m o u n t lu tab le. See d e s c r ip tio n o f m o r tg a g o In O cto b e r, 1 89 6 ,
Bo t t l e MB.v r p a go 1. In A p ril 1 8 9 7 , N ew Y o r k B lo ck E x ch a n g e

C h i c a g o A V l t o n K B . — K o t o —O p erate* fro m C h ica g o to St,
tombs, K a u -.a* C !i> . e tc,, o w n in g 5 4 2 m iles a n d o p e r a t ic g in a ll $ 4 3
miles, o f w h ich i 10 m iles d o u b le tra ck ed ,
li n e s O'CrtCfi—
M iles, 1 B in es Teateed—
.ifHr,3 .
Joliet to East St. L ou is...............211 |J o lie t A C h ic a g o —
Dw ight t*» V t-iu *tid L a ron ..
Cfeb-ago to J o l i e t ,. . . . . . . . . . . . 3 7
L J a c k , A Chte. D iv is io n —
j L o u is ia n a A M i" O o r! K ir .—
B io-.-uiugton to G o d f r e y ___ 150 j
L ou isia n a to O d o r C ity ..........1 0 ! ;
S e a l hou se to Q u in cy J u n o .. . . 3 7 f K a n . - 'i t ? s u L A C h ica g o —
Joliet to C oal C ity , e tc ...................... 2 5 M e x ico to K a n sa s C it y ............. 1 8 2 i
Other lia s * ......... .............................
6 : M ississip p i R iv e r B r id g e ........... 1 *a :

*0

gave $8,241,000 firet 5s as listed.

T he e q u ip m e n t b on d * w ere ca lle d f o r p a y m e n t a t 1 0 5 o n F eb. 1 . 1893,
ami h o ld e rs g iv e n the p riv ile g e o f reta in in g their b o n d s u p on a g re e in g
to 5 p e r c e n t interest and tin) w a iv in g o f the sin k in g fu n d p ro v is io n .
F u n d in g n o te s f o r $ 2 3 0 ,0 0 0 w e re I '-m e d ln 1894. T h e d eb on tu rea o f
1 896 fo r $ 93 5 ,0 0 0 , d u e D ec. ! , 1806, w e re p a id o n th a t d a te , s e c o n d
m o rtg a g o b o n d s o f 1.983 b e in g H sued th e re fo r.
In y e a r 1 895 g r o ss $ 2 ,0 0 5 ,9 0 7 ; n e t, $ 5 3 9 ,4 2 7 ; deficit- u n d e r in te re s t,
T o ta l o f a ll o w n e d a n d te a s e d (7 0 lb . s t e e l ) , . . . . . . . , . , . . . . . . . . . . . . 8 4 3 I ta x e s, e tc., $ 35 0 ,7 1 0 . i n 1991 g r o ss e a rn in g s w e re $ 1 ,8 3 * ,3 0 9 ! n e t,
-B i s r o a r ,—R e o rg a n iz e d In O c to b e r . 106: , a fte r f* 'c lo su r e , fn 1884 *■>48,430; ren ta l*. $ 1 2 7 ,5 4 6 ; in te re st, $ 8 8 1 ,4 7 5 ; ta x e s, $ 9 3 ,3 2 3 ; Hal,
a u o e , d eficit f o r y e a r. $ 3 3 5 ,4 0 7 . In 1 39 3 g ro ss , $ 2 ,3 6 1 ,1 5 5 . V. 6 3 , p . 8 7 9 .
waaolldatad w ith the fit, L ou is J a o k so n v t te A CU! go RR.

8
1

Brix;X. —B lo ck f o r 3 2 ,1 3 5 ,9 0 0 Was s o ld to S tock h old er* a t 114, t o j I M i l e a g o B u r l i n g t o n A Q u i n c y U K . — (S ee M a p .) - R oad .—O p e­
r e tire $ 2 ,3 0 3 ,0 0 0 o f 7 per c e n t b on d * d u e J a n u a ry 1 ,1 8 9 3 , In A ngtisf. rates a g re a t s y s te m o f ro a d s e x t o m lio g fr o m C h ica go w e s te rly , re a ch 1893, I t e e w p a s f s o ld i i 4 $ $ , 2 0 0 n e w itocJt t o utoolrholders at j in g St. P aul a n d M in n e a p o lis. M in n .. 3 t. L ou is aud K a n sa s C ity , .Mo.,
O m aha, N eb ., D e n v e r, OoL, C h o y e n n e .W y o . B la ck H ills, 8, D ., a n d B il­
114 to retiro 1 2 ,9 2 9 ,0 0 0 7 p**r o « n t bondu due A p ril l , 1S91.
The ChlcsHfO < Alton prof«rr»'<l ntock hue prior right to a non-eumuia- lin g s , M on t, T h e a c o o m p a n y ih g m a p s h o w s c le a rly th e system .
k
M iles
OatilroU’ A anil O perated. IMilci*
t t w d ivid en d n e t e x c e e d in g 7 p e r ce n t from n e t ' ^aralngn an d (a fter ! R oad oirned, lea sed , etc.
paym ent o f 7 on, enram on) a ls o s la a n i irith o ossm on in o n if enrpltie..
I C h ica go to D e n v e r, C o l............ 1 ,040 C h ica go B url. A N o rth e rn ___ 1i 371
B ra n clic* a n d le a se d lin es
K a n .C .S L J . A C onn. B lu ffsl!—
D m neniw *. -~Pr. ct. ? 1 83 1 1 88 2 1 88 3 1 88 4
1 88 5 t o M ar,, 1897
K a n . 0 , t o C onn. B lu ffs, e t c . 3 1 0
p ra ctto a lly o w n e d ,................. 4 .0 0 7
flOBBMw « s d pr e f . .
8
8
8
10
8 y e a r ly (2 < | »»r) j U sed Join tly w ith o t h e r C o .'s.
- S t.C o u ls K . A N .W .fa ll o w n 'd ) 225
C h ica go B url. A K a n . C i t y ... 236
iM Am it
T h e Km%*m Q ity BL
4 (thlerngoin lemsed la per- j T o ta l s y s te m p r o p e r ............5 ,8 0 0
H a n n lb a ! A St. J o s e p h ........... f 297
m%%Mf frena 2totr. l r 1 8 7 7 , a t ren ta l o f 3.5 p e r cen t o f gn>A* ea rn in g s, 1S e co n d t r a c k .......................
rcy
ft« bon<l$ are held bjr the U. 8. Trujit Co. a* meourHy for the Chicago
T o t a l s y ste m , sta n d , g a u g e .,)7 ,1 80
B A lto n bon d a o f 1878# w h ich h a r e a fla k in g fu n d fin 1896) o f 8 1 3 5 ,N a r r o w -g a u g e ............................... n g
m>p?< rann um . C om m on s to c k , $ 2 7 1 ,7 0 0 , o f w h ic h $ 1 5 7 ,0 0 0 is o w n e d I
b y tfec C, A A , D iv id e n d s o f 7 p e r ce n t per a n n u m w o r e p a id on K. O. ; I T h ese p ro p e rtie s i r e s e p a ra te ly de-tori bed in th is SOPPt.EMBirr.
It. L. A G. comm on till Nov. 1, 1094, ana then suspended.
t A ft e r d e d u c t in g 110 m iles o f r o a d d u p lic a te d In sta te m e n te a b o v e .
The M is t el Chicago is leased from January l , 1064. forth o term of its j OftOAMUATios. A c .—T ill* w a s a c o n so lid a tio n in J u ly , 1 8 7 5 , o f th e
ihorter, hu d fores* p a rt a t th e m a te line. I& htaJ, 7 p e r ce n t o n s to c k , j C h ica go B u rlin g to n A Q u in cy in Illin o is an d the B u rlin g ton A M issouri
T bs L ousnun o -C M issouri file r c Hit. .-was lo osed la p e r p e tu ity . A u g. ) R iv e r in I o w a In 18-80 th e B u rlin g ton A M issouri in N eb ra sk a w as
1870, tin d er the a grceh ish f o f No v, 1 3, ISP 1, th e A lton a ss'u n ed to ! absorb ed . T h e leased lin es are p r a c tic a lly o w n e d a n d th e re is no ch a r g e
» y . In lieu o f rentals, all interest on th - first and second m o rtg a g e j fo r ren tal* in th e in co m e a cco u n t, e x c e p t a* in terest on b o n d s. T h e
•ends and their prioi Ip il when d --. a lso 7 p. c, per a n n u m on the ,- u s r ow n ersh ip tn th e o th e r ro a d s a b o v e -m e n tio n e d is in th e s to c k s a n d
pi
'
-fit : . t F.E. n r, ,
N.-.r-i . b o n d * t h e re o f, a n d th eir a cco u n ts a re k e p t separate.
■referre-l at $29 50 per share a of the o <mmon at $10 per .hare. V. ! L axtjs.—O n ly 4 9 ,7 0 0 a cre s rem a in ed u n so ld D eo. 3 1 ,1 8 9 0 ; la u d n o te s
9. P- 1057. Ungusrantoeil preferred stock Is $1,010,000 and comm on ou tsta n d in g , in clu d in g in te re st p a y a b le , $ 3 2 7 ,1 1 8 .
-2.312,700, neither o f which have ever peld dividend*
In Dec., i
'.896. *11 b a t 2 0 7 -shares o f QR gnigm atecd p re fe rr e d a n d 4 74 shares o f j C a p it a l S t o c k —T he s to c k lias been in cre a se d f o r th e a cq u isitio n
o f n ew lines, an d In 1 880 a d istrib u tio n o f 2 0 p e r c e n t w a s m ade. S to ck
nsmnon s to ck h a*lbeen p u rch a sed b y C tileago A A lton .
fo r $ 5 ,5 9 5 ,3 0 0 was s o ld at p a r to s to c k h o ld e rs In F e b ru a ry , 1893.
Thtt M ississippi R iser B rid g e is leased in p e rp e tu ity from D ec. 3 .1 9 7 7 , j
f t p A on W J 0 .0 0 0 s to c k (a ll o w n e d b y ft. A A .) a n d 6 p. o. o n b ond*. | D i v i d r s d s .— > 1 8 8 1 -8 7 ’ 8 8 '0 9 '9 0 '9 1 '9 2 '9 3 '9 4 '9 5 '9 8 '9 7
P e r c e n t ............... J 8 y r ly .
5
4
5 4
5
5 4%
4 4 B e lo w .
- 59, p. 423; V. 61, p. 3 2 4 .

20

’4

IlRShSAi. F W a s c e s . —T h e fb d e a g o A A lto n R on d has been paroulariT s tron g In h a v in g a la rg e lo c a l busin ess b e tw e e n C h ica go and
t-b o u D . ft* leased lin e s are a* co m p le te ly co n tro lle d as I f o w n e d ,
" d the system Is v e r y c o n s e rv a tiv e ly m an aged , n o exten sion s
avtng been b u ilt o r n ew line* aerpiired o f recen t years.
Asncr vt, R S p o a t .—T he a n n u a l m e e tta g Is h eld in C h ica go th e first
ion d a yin A p ril. A nnua! rep ort fo r 1 89 6 w m In V. 4, p. 370. -tee a lso
i ttorlal, p, 357 ,

0

j

In 1897, Mar., 1 p, o,

Stifttisto P in to s.—In clu d e d In th e b o n d s o u ts ta n d in g In th e ta b le
j a b o v e a re su n d ry b on d s o f th e c o m p a n y w h ich a re neld a liv e an d
d ra w in g Interest fo r a c c o u n t o f th e va riou s s in k in g fu n ds.
B o n d s .— Fo r fu ll d e s c rip tio n o f e a ch lo a n see tiie e d ito r ia l a r tic le o n
I p a g e s 3 to 6 o f B o t p l e a s m t o f O ot., 1896, audO ifitoN toL E V. 6 3, p. 7 7 5 ,
j 'Itee nonsol. m ortgage o f 1873 Is fo r $ 1 0 ,0 0 9 ,0 0 0 , o f w h ich $ 1 ,0 7 8 ,0 0 9
I reserv ed t o re tire a like a m o u n t o f O tta w a O s w e g o & F o x ,

M AP OF TH E

CHICAGO,
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A p r i l , 1897. |

STOCKS A M )

BONDS.

S u b s c r ib e r # w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d is c o v e r e d i n t lie s e T a b le s .
RAILROADS.

Miles

Date

Size, or

INTEREST OF DIVIDENDS.

Am ount
of
of
Hate per When Where Payable, and by
Par
F or e x p la n a tio n o f co lu m n h ea d in gs, A c ., see n otes
Road. Bonds Value. Outstanding Cent.
Payable
Whom,
o n first p a g e o f ta b les.

Hands—Prinol
pal, When Due
Stocks—T.ast
Dividend.

Chicago B urlington & Quincy—( Concluded)—

1,475 1837 I,000& (?f26,730,000
4
M. * N. N. Y „ B k.of Com. A Host.
5
F. „t A.
1‘21 1895
2,320,000
do
do
1,000
. . . . 1890-2 100 &e. 15,263,900
do
do
5
M. & 8.
6
j . & ,r. B oston, Bk. o f Com'rce.
B A .Mo.Rfi. In Neb. s Land grant, s. t , dr. at 100 t
584 5 1878 000 &e. er7,7?7,000
J. A J.
tlo
do
Con, M S 1 4 0 0 0 0 0 0 t Exem pt, n ot dr’ n till 1908 l
6
{1 878 600 i-e.
5,000,000
4
1880
1,000 U3.347.000
J. A J,
do
do
Burl. A Mo. RR. in Neb., s. f, for At. AN eb.RB.st’k .
90 1879 600 <fcc. k 1,078,400
J. A J. Boston, Bk. o f Com'rce.
6
Bep-Vai. B..18X M.g., (dr. at 100) s. f. ,$1 4 ,0 0 0 yr'ly.i
70 1870
1,000
1,076,000
J. & J. N.Y., F.L.AT.Co.A- Boat.
Ottawa Oswego A F ox River. 1st m ortgage . . . . e
8
M. & 8. Boston, Bk. o f Com’rce.
1,125,000
7
A ten. A Neb., IstM ., At. to Lin., Neb., etc., guar.e* 146 1878 100 Ac.
Boston.
J. A D.
1887
6
2d m ore on Atch. A Neb. RE. (1st M. o n bridge)), . . . .
See text.
72 1880
J. A. J. Boston, C o.'s Office.
600,000
1,000
Line’ n & N.W. R R .lstM . g u a r.,s.f.l p.c., n otd r’ u.
7
F. A A. B oston, C. B. & Q, office
See text.
6
1890
0. B. < Q. System -SL L, Keokuk <■S , W. 1st M £
£
T oo
6.197,800
100
4,830,700 See text. Q . - j - N.Y.. H anover Nat. B 'k
6
J. A D. N.Y..4UI Nat.Bk.& Bogt.
2,999,000
1st mort. CA t $20,000, n o d raw ings).. . . . . . . — ©4i 107 1377 100 &e.
1,000
119,000
M. A -V Boston. Globe Nat. Bk.
7 1.980
Danville A Grape Creek R R .—1st M., assum ed..c*.
6
15 1881
1,000
103,000
J. & D. N. Y., Fourth Nat. Bank.
6
Extension, 1st m o rtg a g e .-..-................- .............c*[
127 1834
1,000
2,789,000
C onsol mortgage (for $0,000,000), gold ®. L .
6 g. A. A O. N. V „C en tra l T r.&Bo#.
1887
42.000
1,000
6 g. F. & A. N. Y „ Central T rust Co.
do
do
288 1837 1,0004c
9,767,000
a ~ M. A N,
1,000
J. A J. N. Y ., Met. Trust Co.
4,626.000
Chic.A Ind. C o a l-t o t M. $ 2 5.00 0p. un, assumed.0* 174 1836
5
100
Chicago dt B ru—Stock (ail held by K r ie ).... . . . . . . . .
100,000
1,000
12,000,000
New York, Erie EH.
5 K. M. A » .
IstM ., gold, interest guar, till principal Is paid.. e* 249 1890
240 1800 l,000,*c lo .o o o .o o o
Mostly owned by Erie KK.
Income bonds for $10,000,000 5 p. c, n oa-cum ...
5 g. J. A J. New York, Erie KR.
1899
300,000
Terminal 1st m ortgage, g o ld ... . — ........... . . .......i
1891
1,000
1,313,000
Ohitago Fort Madison & Des Moines— 1st rnort.,gold . . . .
5 K J. A J.
74,750
Incom e b o n d s . . - . - . . . , . . ........................... .—
N ebraska e x t .,.f2 0 .0 0 0 p. m . (a. t „ uotdr*n).e*A
C h ica g o A I o w a D iv ., c o ila t t r u s t ........... .........e
C on vertib le deb en tu res (See r e m a r k s )...........e

May
Feb.
Sept.
J tuv
July
Jan.
July
July
Meh.
Dec.
Jan.
Feb.

1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1.
1,

1927
1905
1903
1918
1918
1910
1919
1900
1908
1927
1910
1930

A p r .i ,9 7 »i1
a%
Dee, 1, 1907
M ay 1, 1920
Deo. 1, 1931
Oct. 1, 1934
Feb. 1, 1912
Nov. 1, 1937
Jan. 1, 1936
May 1, 1982
Oct. 1. 1982
July, 1918

The Chicago Burlington A Quincy sinking funds for the several loans respectively held alive January 1 ,1 8 9 7 , o f the bonds given above as
outstanding: Of «r» $ 4,073 ,000 ; t*. $1,090,000*, h , $289,800. A lso canceled bo ads not Included above, f, $2,711,000.
R iver guaranteed bonds. T he wposols are a first m ortgage o r lira t
1896.
1895.
1894.
1893.
collateral Hen on 755 miles o f road In Illinois a n d on Chicago terminal I Rentals p a id -... $100,995
$229,880
$204,971
$310,260
property, and on paym ent o f $1,076,000 Ottaw a O sw ego A Fox Interoet. on debt- 6,726,200
6,572.627
6,492,429
6,538,911
R ive r bon ds July 1,1 900 , w ill em brace its 68 miles additional.
1 Dividend*... ...(4> 3,280*111 (4) 3,280,108 (4% )3,895,128 (5) 3,960,252
T h e Iow a D iet*ion b on d s a re a first m o rtg a g e on th e m a in IIaa m j Far. tosink’ g Td.
777,785
760,242
773,387
765,090
I o w a fro m B u rlin g ton to East Pi&ttem outh on the M o. E lv e r. 2 7 8 m iles,
and o n 1 22 m ites o f b ra n ch es; th ey lire a t*o a first c o lla te r a l L e u o n 4 2 0 i B alance........ d cf. $424,300 def. $2 3 2 ,3 6 2 d ef.$ l,030.471 »ur.$123,466
miles o f branches aud 86 miles o f second track. These bomb* have a I —tV, 63, p 458, 77 5, 793, 877, / / / $ V. 64, p. 733, 7 5 2 , 753, 7 5 6 .

Sinking fu n d o f l % p er m n t ($ 2 0 3 ,8 0 0 ) y e a rly , fo r w h ich th e 4 s are
• ablest to c a ll at 1 0 0 , the 5* a t lo ft. The. s in g le m ain lin e a n d b ra n ch es
Covered “ sh a ll n o t e x c e e d in th e a g g re g a te 0 0 0 tu lles,’ ' a t $ 1 0 ,0 0 0
par m il e ; on s e c o n d tr a c k ( o f w h ich J a n . 1 , 1 8 0 0 , th e re w e r e 8 6
m iles) m a y b e Im uad a n a d d ition a l $ 1 4 ,0 0 0 p e r m ile.

O b l e a s o Sc B a s t e r n f l I I H
l f Map.) —Operates road
(double track to Danville, 106 mile*) from Ohlcago, lib , to Terre Ilauto,
Ind., and the bitum inous coal fields- . ( f Bee this eo.)
Lines owned in fee.
Miles, | Proprietary lines {leased.) Miles .
B eaeer Extension bonds cm* b e Increased on ly for second track at
Dolton to A ltam oat* H I ..—. , ..2 2 4 ! Evan*. T, H, A Chic. KR.,* . . . . 49
$10,000 per mite.
The collateral trust Nebraska extension bends o f 1887(N ew England Roseville to Bldell. 111 . . . . . . . - 34 Ind. Block Coal R R ---- . . . . . . . . . 13
Oh. Pad. A Moinphl*—
Trust Co., o f Mass.* trustee) are issued at #20,000 per mil© for single Momenee to Ind. State line—
June. Chic. A Ind. Coal R>*. -. 11
AJtamont to M arlon......... .
90
and $10,000 per mile for second track ou not exceedin g 1,500 mites.
T ra cka g e, etc.
Ct»*na June, to 0J»«na P a r k ... I l f
A
or deed ¥. 4 5 , p, 441.
I Otter Creek June, to Terre I I . . 8
Burlington dt Missouri MR. in .¥ehrasfcaconsol, m ortgage o f 1878 It for Chic. & l odba na Coal Dt v.,B rail i
to Lai ©roase, Ind., e t o . . . . . . . . 182 f Dolton to Chicago, Ch.AW. In d. 17
i l l,O00,000, and Ip now a 1st M, or 1st collateral lien ; all except the
$0,000,000 o f emmpt temd* are subject to ca ll fu r the sinking fund at
Bide tracks. _________________ _ sty j Total operated Feb. t» 1 8 9 7 ..6 3 7
par,. $231,200 having been retired In 1896, The **exem pt * bonds may
*
be called after 1908.
H iiT fit f, tMhAE*. AO.—'Beonraulxed under existin g title Septem ber
The 5 p er cent, debenture* o f 1890 and 1892 are eomerH&U into stock, 1,1 877 - On J
— 89
**
June 8 ,1 — 1 , -form ally cont«dtdated with the — v
Chicago &
»
at any time p rior to Decem ber 1, 1902, except? when books are closed. Indiana Coal 3 h 6 m V. 59,. p. 9*7. Also ow n s control, o f E vansville
Goal B
Bee fauna o f eonvendon on page ft o f tbe BCTrtMMMNT far Oct.. 1800*
Terre Haute A Chicago RR,* and $1,000,000 stock o f the Chicago A
Many o f the bonds are redeemabM (m ay be drawn* before maturity at Western Indiana—which see. having all the local traffic of the latter
various prices, plus .acvm#d interest, as stated In the table above.
road from Dolton in to Chicago. In January, 1890, a ton-year traffic
O e s x x iL FtifasckS,-—T he Chicago Burlington A Quincy R ailroad contract was made with the Evansville A Terre Haute for the opera­
been one o f the most profitable In the country, sm Its numerous tion o f a through line between Chicago and Evansville. V. 55, p. 995.
hranehee tributary to the main line were built into dhole* agricultural In March, 1897, the Chicago Paducah A Memphis, 97 mites, was ab­
territory. C om , how ever, being one o f the principal articles carried sorbed by consolidation, V. 64. p. 422, and a connection from Shelbyviil© to A lta m oot, 25 miles, built, (V. 64, p. 516.1
t»y it. its earn Inga vary greatly according to the slxe o f the crop.
The com pany'* staking funds have received to Jan, l , 189*1, o v e r
C**TfxhSroOKrf—The cmarimor* stock Is entititxl to all surplus after 6
$16,000,000. With this m oney about $7,060,000 o f the com pan y'* per cent on the profSired stock- la addition to the am ount* outstand­
bonds have been canceled, while the rem ainder o f the cash not sou sed ing In the table, #2,158,800 ©«>mmoii and #407,190 preferred were held
has been invested fo r the benefit o f the several sinking fund loan* In to e com panies treasury Juno. 3 0 ,1 8 9 5 .
in bood* that are held alive draw ing intere*t and am therefore
D ir iM S W 1 1888
'89
'90
'91
*92 to A pr.’97, fuel,
Included In the com pan y*» outstanding debt- In 1696 the aggr-gate
o n pref,, p. c» \ 7%
6
0 stir4*s
6 p. c. yearly
•taking fund Income was eiese to #1.256,000, o f which ab«>tit $778,000
Is the am ount ewrrted d irect to the staking fund and the balance
Bowtm, GfiAttAMTim, Ad.—The Chicago A Eastern Illinois guarauappear* In the accounts merely as part Interest on funded debt.
tee* the interest on Evans vi tie Terre llaute A Chicago tsau-*- {see that
'T he o u ts ta n d in g debenture** a g g re g a te $ 3 1 ,9 1 0 ,9 0 0 ; o f this a m o u n t oompaity) mid interest on $150,000 Indiana Block c o a l 1st 7s.
$9,000,000
used to purchase the Hannibal A St. Joseph, from
"Arne gem-rat consolidated m ortgage o f 1887 (trustee. Central Trust
W hich a good- la c o n ic t# rw ,«tv ed , w h ile $ 7 ,0 4 7 ,0 0 0 w a s used t o b u y Company) provides fo r ton retirem ent o f $6,042,000 prior bonds and
other stacks and $15,263,900 for improvement*, etc,
for Issue o f bonds on new road at $18,00© per mite fo r single track
A* unertaumbm ’e d a ssets, o n the o t h e r b a n d , th e c o m p a n y o w n s also for itonda fo r $folpn»si)t a t $7,000 per mug and for double track at
besides the $14,241,000 Hannibal Sc fit. Joseph slock above men­ #8,000 p vt mite* Ttew> bonds am a first’m ortgage on 154 mites o f road,
tioned, a large amount o f stocks and bonds, a list o f the same being iiiclitding t.h»* line from Ross villa via fildsll P> Al tarn out, etc., also on
in V , 6 3 o n page# 7 7 8 a n d 8 7 7 , T h e roa d o w n e d anbw nded a n d th « equipm ent valued at #2,3-55,900* and upon real estate la Chicago oust*
mad* whose bonds are all ow ned were In 1896, a* fo llo w s :
lag over $1,200,009. T hey also cov er 196 m iles o f double track from
M
U**. Danville to D olton, Hl.r and rest o f property subject t o prior lions. As
JtOftberiv ffxten#ten, Alliance, 9fsb.. to fhliingpt* Mont,., and feramdies...,... ,*i£t to Chicago Paducah A. M emphis, mm- above,
fir. f jm i* K e o k u k A % W . - a H i l
b o n d s ow n ed an d o o p le d g e d «
Chicago & Indlamt Coal first mortgage o f 1886 (trustees, M etropolitan
Keoknij^ I * .. to fit. bosun, M*»- j Net ewrniisg* ta *vaa-as.
...... .rad
fron t Company and 14. Ji. F. Ptercso Is for $ 1,000,000 on r e a l from
Otn*r fines of mod*r»t* rarnln* cwpadiy TCn. H rl. A K. C„ etc.) •ecnru)^*
%'addo to Brasil and $25,000 jmr rulte f$7,00© o f this for equipm ent)
: i » ovswarly all owned and aoptedgw i..
,»*..«•«•
............. 477
for extensten*; second track, $8,000. The bonds have been assumed.
An. a rtic le c o v e r in g fu lly the a b o v e p oin t* w a » In 7 . 6 3 , p, 7 7 5 .
OENKKA4 WwhXCWA —T h ls soaipany o was m ost o f toe capital stock,
o f the Brazil Block Coal Co., and carries all its coal, ft carries also
L atest Eaayfixua.—From Jan. I to Feb* 2$ (2 mouths) earnings,
the goal o f the d ra p e Creek region- it has bought within a few years
Including tine* controlled, w e r e :
terminal p roperty in Oblcago worth over $1 ,290 ,000 . In March, 1897.
§ mot.
Gross,
Net.
Charges,
Balance,
consols for # 2 ,280.000 were Jilted, having been issued on accou n t o f
1367___ ,-$$,442,000
$2,237,087
$1,700,000 sar. $457,087 purchase of Chic. P. A 5L and connection therewith. V. 64, p. 518.
1896.......... 5.162.021
1.715.158
1.762.214 def.
47.056 On June 30. 1898, pay-rolls and current accounts were #394,765)
“ other lblMlltics'% #307,256, Cash on hand, $120,725; bills and aoJkwwtukh R *ro*t.-ft< »*:al year I* to b e changed from Deo. 31 to Juno cotints receivable, #310.263.
30, Annual m eeting Is held the third W efinsaU f In May. Report for i
1896 was published at length in the C iihoviclk , V 61, p. 752, 756. j E x kk t.Vos*— F or 6 m onths, J u ly l to Dee. 3 1 :
*.
6 months—
Gross,
Net,
Interest,
B at., surp
See also edttorm l, page 733. Incom e account Is now reported so as
$783,560
$485,140
$298,420
to taelttde the Operation* and results o f the 0 . B. M N. and all the "co n - 1 8 9 6 . ....... . $2,092,924
1 8 9 5 . . . . . . . . . . 2,215,420
835,024
488,274
349,350
trolled'* road*. In ta n form the showing is as follow s:
Grom .
Net,
Other w e .
,^eicu B a l.fo r div*. \ AJrirefAL R ei’ oht .—Fiscal year ends June 30. Annual m eeting Is held
1890...... $3 4.176,450 $ 1 l ,515.964 $390,323 $ 9 ,4 3 9 3 3 7 # 2 ,460 ,470 ! in Chicago on the first W ednesday in June. The annual report for
1895 . . , . $3,658,271
11,162,6*10
............................................................ 1895 @6 was In V. 63, p, 455- The com pan y receives tew rates for Its
Dividend* paid (4 p, e.) ceiled fo r #3,280,111. leaving a balance do* I freight, the rate, per ton per mite being 54-109 o f a cen t in 1895 98;
59*109 in 1904*95; 03*100 In 1893-91 and 80*100 o f a cent in 1892-93,
fieit for year o f $813.64L
T b«i operations o f the system proper (lucladta# the line* controlled j O f the traffic about 04 per cen t in year 1893-94 was coal.
1890.
1895.
1804.
1893.
only i s ' **«tlMr IflBmos4 a# interest o r dividend* received), have b e e n : j Tear-enef, JumBQ.
Mile# op era ted .. .......
522
522
510
480
J m rm d *
1 89 6 ,
1096,
1 89 4 .
1893.
C ross earning*. . . . . . . #4,014,624 $3,607,869 $3,860.115 $4,446,959
2.508,371
2,409,710
2.990.314
3 ,7 3 0
5 ,7 3 0
5 ,3 9 0
j Oper. exp. A t a x e s ... 2,433,898
MHm o p e ra te d - ,
5 ,8 6 0
T o , gro«m e *.rna. # 2 5 .5 5 3 ,0 713
^ ^
. .. 3
©per. exp.. A tax . 1 6 .8 4 9 ,9 9 6

$ 2 4 ,8 7 4 ,1 9 2
1 8 ,7 1 0 ,5 3 9

$ 2 4 ,6 6 7 ,1 3 2
16,284,1X56

$ 1 0 ,6 1 0 ,4 7 0

# 1 0 . 3 9 5 ,4 4 1

Net earnings... ..$8,7©3,©77
T* e, up, m . to e .. toft*9 i >
lat. A e x c h 'g e .. $1,830,797
& ,m t J. ex, div.
. . . . ...
M«t H. A M. t gr
25,923
T o ta l i n c o m e

$ 1 0 ,5 5 9 ,7 9 7

$ 3 1 ,0 1 2 ,9 6 9
2 1 ,2 2 4 ,5 6 4

N et earnings .......$ 1 ,5 8 0 ,7 3 6 $1,150,408 $1,150,495
(62*43)
P. g. op. ex. to earns..
(60-62)
(68*38)
#93*18,465 1 ff et (Snol.oth. Income) .$ ! ,735,880 $1,329,151 $1,570,092
942,788
(08-37)
962,901
Interest paid . . . . . . . . . ' 968,095
238,756
234,959
# 1 ,7 7 1 ,0 9 2 j Rentals . . . . . . ___. . . . .
234,478
Dlv, on pref. stock . .{6) 280,842 (6) 289,842 m 286,914
108,422 j
B a la n c e ,.. . . . . . . . . . . . sr.$242-065 d f,$ 158,551 «r.$ 107,634
#11,697,979 * - i V . 03, p- 220, 228, 4 55, 1158; V, 64, p. 422, 516.)

$1,456,644
(07*24)
$1,523,380
913,010
221,071
(6) 283,988
sr.$105,313

30

INVESTORS’ SUPPLEMENT.

[V ol . LXIV

Apaa, 1897.]

RAILROAD

STOCKS

AND BONDS.

31

CHICAGO GREAT WESTERN

tyfield]

L'Ansv
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INVESTORS’ SUPPLEMENT.

39

[V ol . L X IV .

Subscriber* will confer a great favor by giving Immediate notice of any error discovered in these Tables.

Bonds—P rin cl"
INTEREST OR DIVIDENDS.
pal, When DueMiles Date Size, or
Am ount
Rate per When Where Payable, and by Stocks—Last
Par
of
of
For explanation o f column headings, Ao., see notes
Outstanding
Whom.
Cent. Payable
Dividend.
Road. Bonds Value.
on first page o f tables.
RAILROADS.

66 1880
Chicago & Or. Trunk—Northwest Gr. Tr., 1st mort.
327 1880
1st mortgage for$G,000,000, $ (cur.) A
GAI
2d m ortgage (currency)......................................c*£r 327 1882
C hicago G reat W estern —
C. St. P. A K. C. prior loan, red. at 105, assumed. 815 1889
Debenture stock, $15,000,000, div. in cash..........
Do. dividends payable in scrip. ..........................
Del), nture scrip (not interest-bearing) .................
Preferred stock A. $15,000,000, 5 per cent, gold.
Do. dividends, payable In scrip............................
Tret, stock B, 4 per cent $10,000,000....................
Common stock, $30,000,000...................................
C. St. P. A K. C. equip, lease warrants, assumed.
1896
Sterling loan notes (no m ort,), £200,000, g old ...
1897
Chic. Hammond <1 lies).—IstM ., $2,500,000, g.c'& r —
C hicago I n d ia n a p o lis A* t.o u isv llle M y .—
Common stock, $10,500,000....................................
Preferred, 4 per cent, non-cum., *3,880,000.......
L.N .A .A ’ ’., 1st M. Lou. Div.—N. A. to Mich. City.o* 288 1880
1st M., Ohio. A Ind. Div., Cldc, to Ind., gold, c* 158 1881
C. I. A L. ref Hiding m ort.. $10,300,000. gold, 5a. 512 1897
512 1897
Do
gold 6s, issued for old oonsols...............
Chic. June. Kgs. J Un. Stk. Yard—See Miscellan EOU8 COMPA
45
Chic. Kalamazoo <t Saginaw—Stock ($2,000,000 au.)
1895
1st M., $225,000, gold, subject to call at 1 0 3 ...c*
C hicago M ilw a u k ee Jt S t. C a u l—Common stock.
. . . .
Preferred stock 7 per cent yearly, n ot cum ulative.
M ilwaukee A St. Paul loans—
Iow a A Minn. 1st M. convert, into pi. stock ..c* 230 1867
Prairie du Cliien 1st M. (Mil. to Pr. du Chien) .o* 195 1868
2d mortgage, convertible into pref. stock .. c* 195 1868
Iow a A Dakota IstM ., conv. into pref. stock ..*c 126 1869
R iver Div. (St.P.AC.) IstM . con, intopf.stk.g.c* 129 1872

$500&c.
JilOO&c
l.OOOAc
100
TOO
100
100
100
100
£ i ’rio&c
$500 Ac

1,000
1,000
1,000
1,000
NIES.
100
1,000
100
100
1,000
1,000
1,000
1,000
$ & £

Chicago A E r i e B R .- (Sec Map BrieRR.)—Owns from Marion, O.,
to Hammond, Ind., 249 miles, and leases trackage over Chicago A
West. Indiana to Ohioago, 20 miles. Practically merged in Erie RR. Co.
B onds .—The first mortgage (trustees Central Trust Co. and Edward
Daniels) covers 249 miles o f road, the contract with the Chicago A
Western Indiana, $1,000,000 o f that com pany’s stock and $240,003
stock o f Chicago Belt R v. See full abstracts o f m ortgages in V. 51, p.
911 to 913.—(V. 59, p. 781, 9 6 5 ; V. 61, p. 559, 750.)

$546,000
5,454,000
6,000,000

6
6
5

J. A J. 5 N. Y. A gency, Bk. of .Bin. 1, 1910
J. «fe J. ) Montreal &London. Jan. 1, 1900
J. & J. N. Y ., Bk. o f Montreal. Jan. 1, 1922

2.823,150
5 g- J. & J. N.Y.,Lon. & Amsterdam
8,121,300 4 per an. J. A J. London,R.Benson & Co.
3,509,800 4 scrip. J. A J.
do
do
61,208
6,587,000
4,569,400
7|444jl90
20,809^145
1,207,405
M’ tbly.
New York City.
7
969,697
6 g. Sem-an. London, B. Ben son & Co.
1,500,000
New York.
6 g J. & J.
10,500,000
3 3 8 0 ,0 0 0
3 3 0 0 ,0 0 0
2,300,000
2,909,000
4,700,000

J.
6
6 g. F.
5 g. j .
6 g. J.

&
&
&
A

J. N. Y ., Chase Nat. Bank
A.
do
do
j . 1st coup, due Jan. l ’,98
do
do
J.

Jan. 1, 1934
Jan. J 5,’97,2%
Jan. 15,’ 97,2%

1897-1901
1901
Jan. 1, 1927

July
Aug.
Ju ly
Ju ly

1,
1,
1,
1,

1910
1911
1947
1947

450,000
225,000
6 g. J. A D. D etroit, Union Tr. Co. Dec. 1, 1900
46,027,261 See text. A. & 0. N .Y.Office,30 B road8t. A nr.19,'97.2%
27,285,900 7 per an. A. A O,
do
do
lA p .l9 ’97 ,31
a%
1,736,000
3,674,000
1,106,000
434,000
3,796.500

7
8
7-3
7
7 g.

J.
F.
F.
J.
J.

A
&
&
&
&

J.
do
do
A.
do
do
A.
do
do
J.
do
do
J. London and N ew York.

JY.y
Feb.
Feb.
Ju ly
Jan.

1,
1,
1,
1,
1,

1897
1898
1898
1899
1902

F loating D ebt .—On June 3 0 ,1 8 9 6 , tem p orary loan from op era tin g
accounts was $221,449. Debenture scrip fo r $680,347 is issuable in
paym ent o f interest and dividends, as th ey m ature, to holders w ho
did n ot subscribe as above.
G e n e r a l F i n a n c e s . —The com pan y has been spending a considerable
sum fo r the reduction of grades, etc., $7 37,000 from sale o f sterling
notes and from earnings having been so applied in 1896 and 18 97,
and $182,000 fo r ballasting, etc., from other sources. Six per cent
car trusts (issued in 1896), $100,000. See other fa cts in Y. 64, p. 286
Chicago Fort Madison Sc lies Moines R y .- Road completed
E a r n i n g s .— For six m onths ending Dec. 31 (see Y. 64, p. 286, 3 2 5 ):
from F ort Madison to Ottumwa, la., 71 miles, in December, 1892.
6 mos.
Gross
Net
Rentals, D ebenture Bat.,
Capital stock June 30, 1896—authorized, $5,000,000; outstanding
earnings, earnings.
etc.
interest.
surrt
1,970,200; par, $100; the funded debt was $1,387,750, o f which to Dec. 31.
1896.......................... $2,393,946 $567,501 $321,112
$238,355 $8,039
74,750 was incom e bonds; current liabilities were $29,009. In year
305,407
234,334 84,043
ending June 3 0 ,1 8 9 6 , gross, 95 ,961 ; net. $31,759; interest ($65,650, 18 95.......................... 2,417,277 623,784
o f which 50 p er cent was paid with incom e bonds), $32,825; balance,
Of the debenture interest $70,44 6 was p ayable in scrip.
deficit, $1,066. In 1894-95, gross, $91,809 ; net, $32,614.
A nnual R e p o r t .—R eport fo r 1895-96 was in Y. 63, p. 399.
Chicago Sc Grand Trunk Rv.—
Owns from P ort Huron, Mich., to
Year ending June 30.
1896.
1895.
1894.
Elsdon, 326 m iles; loases Grand Trunk Junction Railroad, 4 miles, and Average m
927
922
922
trackage Chicago A West. Indiana, 5 m ile s; total, 335 miles. Stock, Total grossileage owned and oper’ d $4,709,820 $3,636,098 $4,011,710
earnings........................
$6,600,000 in
$100 shares. The Grand Trunk o f Canada
2,936,749
3,002,897
gives a traffic guarantee o f 30 per cent o f gross earnings. Third Operating expenses and t a x e s ... 3,454,243
m ortgage for $6,000,000 was authorized in April, 1893, but will n ot be
Net in com e................................ $1,255,577
$699,349 $1,008,812
Issued to the public. On Jan. 1 ,1 8 9 5 , bills payable w ere $80,100; int.
$656,982
$621,296
$545,823
due Jan. 1, $223,499; sundry outstanding accounts and wages, $1,- Interest..............................................
436,602
448,616
454,963
742,883, against which the com pany had cash $110,622; “ sundry R en ta ls..............................................
assets,” $417,704, and outstanding traffic balance, $129,322.
B alan ce..................................... sur.$161,993 df.$370,563
sur.$8,026
E arninos .—(11 mos.), > 1896.......... Gross, $2,859,436; net, $251,508
A. B. Stickney, President, St. Paul, Minn. New Y ork Transfer office,
Jan. 1 to Nov. 30.
(1 8 9 5 .......... Gross, 2,529,746; net,
85,628
F or year ending Dec. 31 ,189 5, gross earnings were $2,796,178; net, 18 Wall S t —(Y. 64, p. 233, 2 8 6 , 3 2 5 .)
$99,371; interest on bonds, $660,000; rentals, etc.. $2 1,172; balance,
C h i c a g o ’Hammond Sc Western K R . - A . belt line around
deficit, $771,801, o f which $660,000 was paid by Grand Trunk o f Can­
ada under traffic agreement; deficit carried forward, $324,640. In Chicago from Ham m ond to La Grange, III., 35*20 miles. E xtension
to Franklin, 8*87 miles, u nder construction. The T erm inal RR. from
1894 gross, $2,731,749 ; net, $15,988. (V. 60, p. 794.)
Chappell to Union Stock Yards. 10*12 m iles, is operated by C H. &
Chicago Great Western Ry.—
(See M ap.)— Road .—Operates the W.—see M ichigan Central. T otal operated in Jan., 1897, 45*32 miles.
Intersects nearly ail the roads entering the city. F rom Blue Island
“ M aple L eaf” route, radiating from Oelwein, la ., northerly to at. Paul,
to M cCook, 13*88 miles, the tracks o f the old Calmuet Term inal are
easterly to Chicago and southerly to Kansas City, and em bracing :
Owned by deed—
Miles.
Trackage, etc.
Miles- used under a long tim e lease.
Capital stock, $1,500,000. First m ortgage is fo r $2,500,000 (trustee,
Ohio. St. P. A Kan. City Ry.—
St. Paul to M inneapolis............ 11
Chicago to St. Paul, Minn.,
Chicago terminals (V.64, p. 286) 10 E. Francis H yde, N. Y .) ; entire capital stocks o f H am m ond & Blue
Island RR. ($400,000) and H. < B. I. Ry. o f Indiana ($80,000) are de­
&
and St. Joseph, M o.............. 690 Dubuque to A iken...................... 16
Branches to Hayfleld, e tc___125 Des Moines term inals...............
3 posited as security for rlie C. H. & W. firsts. Bonds fo r $150,000 are
reserved to p ay off equipm ent trusts and $500,000 fo r extension to
Owned in fe e —
Leavenworth to Kansas C ity.. 44 Franklin Park, etc., and $450,000 fo r term inals, new tracks, etc.—V.
Bee Creek to B everly................ 23 Sycamore to D eKalb. I l l..........
6
64, p. 287. Equipm ent trusts in 1897, $125,000.
President and General Manager, J. P. Lyman, 218 La Salle Street,
Total operated...........................................................................................
Chicago, 111.—(V. 62, p. 778 ; V. 63, p. 356, 793; V. 64, p. 135, 286.)
The Leavenworth Terminal Ry. A Bridge is used into Leavenwortl
H isto ry .—T he Chicago St. Paul A Kansas Citv was organized i
Chicago Indianapolis Sc Louisville R y . - ( 5 e e M ap) — Oper
May, 1886, and in December, 1887, m erged with M innesota A Nortl
ates the *Monon R oute” from Chicago, 111., v ia M onon, Ind., to Indian­
western, chartered in 1854. First m ortgage coupons, Jan. 1, 1891
apolis, Lnd., and Louisville, K y.. w ith branches—the system in clu d in g :
to Ju ly 1 ,1 8 9 2 , inclusive, were funded into priority loan for $2 823
L ines owned—
Miles.
Oper. under contract—
Miles.
150. In August, 1892, reorganized per plan. Vol. 55, p. 856. Eac
Indiana State Line to Indianap.162 Chicago to Ind. State L in e....... 20
$ l,0 0 0 o f Minn. & N. W. and Chi. St. P. & K. C. first m ort. bonds wa
New A lbany to Michigan City .289 N ew A lbany to L ou isville......... 5
given $500 debenture stock and $600 pref. “ A ” stock.
B edford to Switz C ity................ 41 Connection in Indianapolis___ 2
O rganization .—On Sept. 7 ,1 8 9 3 , the com pany having becom e tb
Orleans to Fr. Lick Springs___ 18
ow ner o f over 97 p er cent o f the 1st m ortgage bonds and over 99 ne
T otal o f all.
537
cent of the general m ortgage bonds, acquired'by deed the title o f th
A lease for 999 years with Chicago & Western Indiana (of whose stock
Chicago St. Paul & Kansas Citv Ry. (815 67 miles), subject to tin
this co. owns $1,000,000) gives entrance to Chicago on a m ileage basis
mortgages, the bonds which it owns being kept alive. It aiso acquire!
the title to theLeav. & St. Joseph Ry. (23 m iles),w hichisunencum berc!
H i s t o r y .— To be successor July 1 ,1 8 9 7 , o f the L ouisville N ew A l­
bany < Chicago R y., foreclosed Mar. 10, 1897, and reorganized per
fe
®
IE^li ? ITL —Tlie holders o f debenture and p referred A stock ai
ES*
p l a n in Y . 63, p. 702.,.
p oint the finance committee, which exercises general supervision c
finances. Additional securities o f said issues can be p ut out, but onl
S t o c k .— I n t h e r e o r g a n i z a t i o n , h o l d e r s o f t h e $ 9 , 0 0 0 ,0 0 0 o l d c o m m o n
with consent o f a m ajority o f both said classes o f stock present at am ee
b u y i n g n e w p r e f e r r e d a t p a r r e c e iv e d 3 3 *3 p e r c e n t i n n e w c o m m o n ,
Ing. Securities o f other issues having a lien prior to preferred A can b
a n d t h e h o l d e r s o f t h e $ 7 , 0 0 0 ,0 0 0 o l d p r e f e r r e d b u y i n g n e w preferred
created, but only with consent o f two-thirds o f both classes. The se-\ a t p a r r e c e i v e d p a r i n n e w c o m m o n s t o c k .
eral classes in case o f liquidation w ill have principal paid in gold a<
B o n d s . — R efunding mortgage bears interest from July 1 , 1 8 9 7 , aD d is
cording to their priority right to dividends.
’
secured upon all the road, equipm ent and securities owned, subjeot
Debenture stock outstanding June 30, 1896, on which dividend
only to the $5,300,000 existin g divisional bonds; total authorized issue
are payable in cash, $8,121,300; in scrip, $3,509,800; yet issuab]
is $15,000,000, o f which reserved to take up existin g divisional bonds
in exchange for C. St. P. & K. C. flrstm ortgage bonds, $180,000; issue
at m aturity, $5,300,000: issued in reorganization $6,109,000; sold for
in trust to Finance Committee for redem ption o f interest warrant
cash to syndicate, $1,500,000: to be issued only for betterments and
^ ^ n ^ d 85’9
,00- On N. Y Stock Exchange in"O ctober” § o
equipm ent, not to exceed $400,000 in any one year, $2,091,000. The
h
9Ti°i0i 1 enture 8t ° cH ha(l been listed. Preferred stock A o
0 P
refunding bonds ($4,700,000) issued fo r old consol. 6s bear 6 p. c.
which dividends are payable in cash, $6,587,000 ; in scrip, $4,569 400
interest, all other refunding bonds bear 5 p. o. Trustee is Central
issuable for first mort. bonds $ 2 1 6, 0 0 0 .
11 .-p.i,uo»,auu
Trust Co., N. Y.
Debenture Scrip.—Outstanding June 3 0 ,1 8 9 6 , $61,272; issuable i
G e n e r a l F i n a n c e s .— The reorganization in 1 8 9 6 - 9 7 reduced the
paym ent o f interest, as it m atures, on debenture stock, and dividend
annual fixed charges from $ 1 , 0 1 9 ,4 8 6 to $ 9 5 5 ,4 5 0 . Including rentals,
on preferred stock, $690,422. The scrip hears no interest.
but not the preferred stock dividend ( $ 1 5 5 ,3 5 0 ) . It also provided
$ 2 , 1 0 0 ,0 0 0 cash, o f which $ 7 0 0 ,0 0 0 fo r new term inals, air-brakes and
ted fn rn.tL i^IQ «1teE
m,'ndhe Marchants’ Warehouse Co. was incorpori
If® L !
1
” l<1 wmtfuniBes for storing grain along the Cliii
otlier im provem ents, the rem ainder bein g fo r floating debt, coupons,
G ieat Western. I t is an entirely separate enterprise.—V. 63 p 968
etc
E arn in g *.—Ju ly 1 to M arch 31, 9 m onths, gross, $2,110,070 in
■ T,!,0o i ? aiiy 9 a’ (l interest on all debenture’ stock 1
C0.
cash 1 8 9 3 ,4 p. c., and fn cash to holders subscribing and in serin t
1896-7 against $2,463,156 in 1895-6.
non-subscribers in 1894, 4 p .e .; in 1895, 4 p. c.; in 1896, 4 d o • ii
A nnual R epo r t .—Fiscal year ends June 30. Report o f old company
lo 9 7 , January, 2 p. c. No dividend on preferred to January, 1897.’
for 1895-96 was given in V. 63, p. 500, and show ed:

S

IIAH.ROAD STOCKS AND BONDS.

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'M
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TRIPP5
^

) o Pine Rnlge _
--------------“o-

CALMAI

H DSON
U
’
mineral
PLATTE v

C a lliop e
ara 71.

MAP OF THE

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Hampton'

I 'T BRODH
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4 S i , U s eu!

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^^rt-ARREN

Fonda

CHICAGO, M ILW A U K E E
@ ST, PAUL R A IL W A Y
6 ,1 5 1
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M i l e s in O p e r a t i o n .

E

FREEPORT^

fVohster Cy,

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O T E L T AC D
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llntaoj
isceoli

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1

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Stockton

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i '^ I m p e r i a l

SUPPLEMENT.

„
■ ^ w fd ra
-“

SCOTLAND^
T yn d a ll/^

A p r il , 1887. J
R A ILROADS.

RAILROAD STOCKS ARD BONDS,

3d

Bond#—Princi­
INTEREST OR DIVIDEN DS.
Miles Date Size, or
pal, When D oe.
A m ount
of
of
P ar
When W here P ayable, and bT Stocks—Last
Outstanding Rate
Road, Bonds. Value.
Whom.
P er cent. Payable
Dividend.

OMeago Milwaukee 4 St. P aid-/ C onclu ded j Bantings A Dakota Xgt M., oonv. into pref. st'b
Chic. A Mil. 1st mort. (conv. into pref. sto ck !. .0*
S3
Chicago M ilwaukee A St. Paid loans—
P rior Hen consols, convertible Into p r e f .......... 1,435
Consol, m ort., coot, into pref. stock ................e* 1,435
I. A D. Ext. 1st M., convert. Into pref. stoek.c" 335
8. W. H r . 1st m ortgage Western un ion R S ..C ' 212
419
So. Minnesota D iv, 1st m ortgage...................... o '
133
Mineral P oint D ivision 1st m ortgage..............e*
Hast. & Dak. D iv,, extension, 1st m ortg a g e..o' 395
do
do
do
c* 395
Lacrosse A Dav. Dlv. 1st m ortgage................. o '
185
Wtao.VaJ.BK.Co. IstM ., T om ahtoM orrill, Wis.o 107
Wts. Val. D iv.lat M. o f 1380, s. f „ not d rin .c'
161
Dub. Div.fCh. CL It.iM .) IstM ., s. f.,n o td r ’n c ' 331
Chic. A Pac. Dlv. 1st M. (Chic, to K ittredge>..e' 120
Western Div. 1st m ort., (see text) g o ld ....... c ’1,117
68
Chic. A Lake Superior Div. 1st m ort., g o ld ., . c
230
Wta. Sc Minn. D iv. 1st m ortgage, g o ld ........
Fargo Sc Southern 1st m ort., gold, assumed.
119
Ch. Mil. Sc St, P. Terminal m ortgage, g o ld .........c '
Dakota Sc Great Southern 1st m ortgage, gold____
159
Chicago Sc Missouri R iver Div. 1st m ortgage . ,e'
77
ine. M .,eonvert,, s, f. $80,000 yearly (dr. at 105)c* 525
Gen, mort. (for 3150,000,000), gold Series A.C A r l
5,722
Milw. & .Vorth’n 1st m o r t, Schwarz.to Gr. B ay..e'
126
Con. M. ($17,000 n.m .),let M. north o f G r.B ay.c' 302
Chicago 4 Northern Pacific—S tock............................
Chicago St Great Western 1st Sf. g old ....... ......... o '
10
City o f Chicago purchase m on ey m o rtg a g e..........
1st M .fo r * 3 0 ,00 0,00 0,g -.a h s t .V,5 2 ,p . 465..CAT 65 bj
.-'~
M ortgage notes.

1873

81,000

1874
1875
1878
1879
1880
1830
1880
1880
1879
1879
1880
1880
1880
1881
1881
1881
1883
1934
1886
1886
1936
1839
1880
1884
1886

1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
500
1.000
1,000
1,000
1,000
1,000
1,000
i.e o o
1,000
1,000
1,000
i.o o o
1,000
1,000
1,000
100
1,000

1990

1,000

$89,000
2,393,000
186,000
11,298,000
3,505,000
4,000,000
7,432,000
2,840,000
5.680,000
990,000
2,500,000
1,106,500
2,270,000
6,479,000
3,000,000
25,340,000
1,360,000
4,755,000
1.250,000
4,748,000
2,856,000
3,033,000
1.444,000
See text.
2,155,000
5,092,000
30,000,000
390.000
630.000
28,855,000
400,000

7
7
7
7
7
6
6
5
7
5
5
7
6
6
6
5 gr.
5 g.
5 g.
6 g.
5 g.
5 g.
5
5
^ g.
6
6
.........
5 g.
5
5 g.
7

J. & J. N.Y.,Office,30 Broad 8t. Jan. 1, 190*
J. tfe J.
do
do
Jan, 1, 1903
J.
.1.
J.
,1.
.1.
J.
J.
J.
J.
J.
J.
J.
.1.
J.
J.
J.
J.
J.
J.
J.
J,
J.
J.
J.

Sc J.
do
do
A ,1.
do
do
< J.
fe
do
do
do
do
A .1.
A J.
do
do
A J.
do
do
do
A J.
do
A J.
do
do
& J.
do
do
S .1. Boston, L ee Higgtnson.
c
S si. N.Y. Office, 30Broad 8t.
c
& J.
do
do
do
do
A J.
S J.
c
do
do
& J.
do
do
do
do
Sc J.
A J.
do
do
A J.
do
do
do
A J.
do
do
A J.
dO
do
A J.
do
A J.
do
do
A D. N.Y., Ch.MlLA S tP .R y .
A D.
do
do

Jan.
July
July
July
Jan.
July
Jan.
Jan.
July
Jan.
July
July
Jan.
Jan.
July
July
Jan.
July
Jan.
July
Jan.
May
June
June

1,
1,
1,
1,
1,
1,
1,
L,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1.
1,
1.
1,
1,
1.

1904
190$
1908
1909
1910
1910
1910
19M>
1919
1904*
1920
1920
1910
1921
1921
1921
1924
1914
1916
1926
1916
198$
191«
191*

J. A D.

Chicago.
June 1, 1936
do
M ay 1, 1938
A. & O. Apr. ,’9S, coup.last paid. A p r il! . 194*
. . . . . . . ...
J. A D.
1936

1895-96.
1894-93.
1893-94.
1892-93.
The $21,411,000 outstanding include $8,000,000 issued to p ay fa
Gross earnings............ $3,291,972 $3,007,014 93,133,882 $3,416,488 178 miles o f sundry small branches on which the general m ortgage t
S e t earnings............... 1,111,3-3
996,101
1,017.372
1,060,622 ; a first lien, and to retire the $2,500,000 first m ortgage bonds a
Dividends r e ce iv e d ...
70,800
78,600
60,000
74,400 Chicago Evanston Sc Lake Superior R y., a Chicago suburban road
---------------- ---------------- ----------------- ---------------- also $3,583,200 issued to replace prior bonds paid and cancelled.
Total net Incom e. $1,182,383 $1,074,704 $1,077,272 $1,135,022
The $9,775,000 “ available for im provem ents, etc.," o f bonds above
mentioned are applicable fo r premiums paid in retiring or refunding
loa» 1 ^ n,1* » ® 18.0 p0 ; n e w w - ; convertible and other prior lien bonds bearing a higher rate o f Inf u a d l n g m o r U a g e ^ a n d b * ,M » M '0 : rentals, eattiaatt»A 9 .1 0 .0 0 0 . teroat than 4 p.
fo r cost o f branches, second and side tracks, teat
$950,430; dividend on preferred, $1 j 5,.<X>; total, estate, bridges, rob in g stock, equipm ent, etc. On July 1 ,1 8 0 6 , of the
e l , 110,(” 9.
prior lien bond* outetandiug, $24,933,500 (m aturing 1897-1908) were
O m c e * » . —Samuel Thom as, President; W . H. M rD oel. Vlco-Preal- convertible into preferred stock ; y from time to time so converted
dent and General Manager, John A. Hilton, Secretory and A -d e t a n t ! they will set tree a like amount o f genera! is which, with the $8,310,Treavurer; W, H, L ew i-, Treasurer and A« • «nt Secretary.
; 000 reserved asaim-t bonds already converted, will becom e available
D rg gcrog a.—Samuel Thom as. John O teenough, John G. Moore, E(l- ' f«r Unprovemetita, additions, etc-, as soon as the balance ($9,775,000*
ward R. Thom as, G ilbert II. « b » w , W, H, M cDoei. Jam es M urdock, >
am ount urigtoal!ly rew-rved for Improvements has been bo exCrawford Fairbanks and V. T, M alott. Slew Y ork office 90 Broadway. ; I**0®*®. » •iSt •*8-}0; ' •50. p. .0 5 .
—( 4 .6 4 , p. 42, 134,234,373, 317, 36 7,664.)
G vnkra L F is a sc e s . A c.—A considerable am ount o f the stock is held
C h i c a g o K a l a m a z o o & a n g in a \ v K y . —Projected from Kala-| by parties also interested in the Chicago A Northwestern, so that the
mazoo, Mloh., to Saginaw, M !oh„ 125 m uss, o f w hich 45 miles, two road* are operated a* a rule in harmony. Dividend* on coraraoa
Kaiamaaoo to W oodbury, In operation. In December. 1995. $4 50,0 00 i stock were resumed In October, 1892. See “ d ivid en d s” above,
stock was outstanding. The «r »t m ortgage U for * 223,000 to Union
S . Y. Stock Exchange in O ct., 1896, report* $19,010,000 "general#"
T ra it Co, o f D etroit, a* trustee In 1895 g r o .. . #19,307: n o t,*16.769. j listed. Tile earning* alnce July 1, 1893, Include the Milwaukee A
Operated by Kalam azoo A Hasting* Construction Co. tV. 61, p. 1063.) , Northern. A verage freight train load in 1895-6 was 167 ton s; rale
C h i c a g o v n i w a u k e e A a t . P a u l H r . —f Set M m .)—Operate* S>er ton per m ile, I c o o t
from Chicago westerly to Omaha, 5>b.. and Kansas, Cfty. Mo., with l E a r x w g s ,—8 m onths, } ISflXKL.gro#*, $20,868,472; not, $8,275,00*
July 1 to Feb. 28,
J 1895-6.-gross, 22,703,024; net, 9,439,009
Sines, traversing W isconsin, Minnesota and the Dakotas, Including;— !
Road.
Mile#,
A sm u t,
F iscal year end* June 30. Annual m eeting ia
Rood.
Mitt*.
Line* owned (of which I I
T ra cka ge.........................
01 held in September. Report fo r 1893-90 wa* given in full in V. 62, p.
miles owned Jointly) in­
2nd A 3rd track*......... .......
216 4 5 4 .4 6 1 See aim editorial, p. 429. The figure* below include the
Milwaukee St Northern,
cluding Milw. A Northern,
( M t M open teparalely.
426 m iles.............................. 6.151
1895 96.
1894 95.
Des M, S o. A W estern........................150
18938*
His to r y , A c —The Milwaukee A 8!. Paul RR. Co. was organized May [ Mile* operated J u n e 3 0 ,.
6,151
0 ,1 6 9
6.148
5 ,1 8 6 3 , and on Feb, 11, 1974, took its present name. The system has i pam eager earning*
. # 6 ,1 4 7 ,6 7 9
$ 8 ,8 5 2 ,7 8 1
*7,311,087
since been greatly exten dod by the construction and Requisition o f i Freight earning*
. 2 3 ,8 8 7 ,9 3 0
21,550,822
1 8,9 7 8 ,2 6 3
other Hoc#- The stock o f the M ilwaukee A Northern was acquired In Mail express. A c earn*
.
2 ,6 4 0 ,2 2 0
2 ,5 0 4 .3 2 5
2.46.5,442
September, 1890, In exchange for com m on (took, and in 8ept., 1893.
v
the sale o f the M. A X. to the St. Paul was ratified. In August, 1894, S “
'
.$ 3 2 ,6 8 1 ,8 2 9 $ 2 7 ,3 3 5 .3 6 0 $31,327,951
acquired control o f the Des Moines X orthem A Western, (V, 59, p. 228.) I Erpensec—
.. $ 4 ,3 7 4 ,7 2 4
$1,409,936
C i K t i t Stocks .—T he preferred stock has a prior right o v er the j fa ln ten a n eeof w a y .....
$ 3 ,7 0 3 ,4 0 0
.. 2,942,21)5
trnramm stock to a dividend a t not over 7 per cent from net earning* in : Maim cars and engine* .
2 ,0 8 5 ,3 0 9
2.698,459
—
year, hat if not earned is has no cum ulative right. After paym ent j
. 1 0 ,5 2 9 ,8 5 3
9 ,7 4 8 ,3 6 4
11,284,075
1 ,0 8 2 .0 8 4
1,082,084
y£ 7 per ten t on preferred and 7 on tennMmJnrth nlaseon afiam im i n f fi : Taxes............ , ..............................
1 ,0 8 4 ,7 0 0
1,199,077
3 5 0 .0 0 0
Common Stack authorized. $17,062,560, Preferred stock on July 1, j Renewal accoun t ............... .
350.000
1889, w a s$21,610,900, and it has been Increased h> presenl figures by I Miseeliaaeous.— . . . . . . . . . . . . . . .
397,831
3 W fS51
4 2 1 ,01 4
'462,283
exchange o f convertible bond* for stock. On J u ly T . 1896, $21.933',$ 1 9 ,6 7 6 ,8 0 8 $ 1 7 ,0 4 3 ,7 5 3 $20,114,332
500 prior lien bond* outstanding were exchangeable for preferred.
.* 1 3 ,0 0 5 .0 2 1 $ 1 0 ,2 0 1 ,0 1 6 $11,213,619
Drv*. since 1889. >1890. 1801. 1892. 1889. 1884. 1893. 1896 1897.
On common.
» 0
0
2
4
4
2
4 Apr.. 2 -, Perch o f op. exp. to earns
(64*21)
(60*21)
(62*35)
On preferred. 5 7
7
7
7
1
1
1
Apr.iiV*. Other in com e,............ .
64,957
134,647
100,684
ItoxOT.-Atmtreet* o f Stone o f the principal m ortgage* were pnbTotal net income.____ ......$13,009,878 $10,426,203 $11,31 L30S
Usbed to the C m o x t e u t , v . 45, pp. 85, 1 1 4 ,1 4 4 ,2 1 2 , and V, 48. p. 830.
The follow ing bond,* arc concndhlc info preferred gtoch St an y tim e Interest on d e b t ........................... $7,611,92$ $7,629,377
$7,503,748
wtthin ten day* after a dividend shall have been declared and becom e Dividends on pref. stock _____ ill 1.840,313 (7)1,818.802 (1) 1.809.21S
payable on the preferred: Iow a A M innesota 7*. dun 1 *97, I’ralrte du Dividends on com. stock.......... (3) 1,360,817 (3)1,3*0,818 ( I) 1,838,307
'CMen 2d*. Iowa A Dakota 7s, lo w * A Dakota Extension 7*. R iver MisceUaneon#...............................
57,560
95,822
Division 7*. Chicago A M ilwaukee 7# o f 1903, H asting A D akota 7# of
1893 and Ch. Mil. A 8C. P. eoaaui* o f 1873. The consol* at 1974 also
S u rp lu s ............ .......................... $ 2 .1 7 3 ,2 6 0 d c f .$ 4 0 2 ,7 3 4
$ « L 2 li
are convertible Into p referred within 13 days after dividend day. The
•onvertible bond* were fully described la H crri.R SZsT for Mar. '9 3 , p. 2. - ( V . 01. p .3 9 2 , U S , 12 7, 1151; V. 02, p. 502, 989; V. 03, p. 423,
4 3 4 , 4 6 1 ; V. 61, p. 233.1
Chicago 4 T'ari/tr Western ftirieion 1st 5s were issued a t $20,000
m
tt«® ‘ f ° r cos-I, with additional aa»o*ints for cquipm cii* and 1 C h i c a g o A N o r t h e r n P a c i f i c 1111,—ORGAKUATWH, P ropbbtx
bridges; no further bonds can be issued. The m ortgage cov ers the 0W 7t*», e tc .—Organized In 1880 for the jm rpo*e o f aeqnlring a term
• w mites ~* —
M o., 341
following - im— o f road; _Fariey, ......... Kauso# a t y ................. miles; inat system o f railway* ia Chicago, It owns 749*47 acres, o f which
.......... la., to
Marlon, la ., to Cotineii Blnff*. ia.,ih»2 nilles; Aster, fa., to Aberdeen. 65*54 acre* are In the heart o f the city, and 3,500 feet o f docks treating
On the Chicago River between Harrison St. and Fifth Ave. It has In
S ofth D »k „ 352 miles; branches 162 m iles; total, 1.117 mile*.
Terminal flee per cent bonds o f 1884 cov er terminal property operation 42*58 allies o f main line, o f which 25*7 is double track, aud
5 5 '16 miles o f spur and industry tracks. It also ow ns the Grand Cen­
hfkevera.1 handred; acre* In Chicago and SHiw»ii!t««.
(n ation at
■ S l f u f ? * " bonds at 1886 a reeoov ertlb le into enmmon stock tral Passenger A Caiunu t Harrison and Fifth streets.be Included in the
The Chicago
Terminal Ky.. which Is to
te ^ r $ 8 O % 0 * ™ r tn f“
ve" r i f a t reorganization (It* $.5,000,000 o f stock and $6,000,000 o f bond* being
for. If n oto b u tn e d for lres
payment yearly at ownel, by I be X orthern Pacific), owns 33 miles o f mnln track and 34
The general mnrtaaar o f 1889 f*ee ali«ir*et In V ia „ a m , t* tor m llea of side track, constituting a belt line located ju st outside the
• is o ,000,0 0 0 , to the United St
TrttsV*” o f V e w Y o fk ** trastoo U w «a o f a d c a g o . i th u s eounectlon with alm ost every railroad eatefiand cover, (he en tire r
* . ^
« « *"e city anS m any im portant Industries, and does chiefly a switeto
ftherrto dreertbed. s . X c t to P X ife S s a * b S o w m e n t i o n ^ 1 The
p
^
1
^
3
U,v " o “
" con
prior Pen bonds cannot tie extended, but will be paid off at maturity,
;
ti>8 C'bieago A X orthern Paciiio.— t , 6 « , p . 1 , 8,
k .j,
t 1 , 1896, the follow in g amounts o f general m ortgage bonds 1 liRCBtvBRgntr.—Receivers were appointed Oct. 10. 1893. On July
1, 1895, possession o f the property was surrendered by the W isconsin
usd bee* Issued at were reserved for the purpose indicated, viz
H
Ml S ew Y ork Stock E xch an ge................................
#19,010,000 Central Co. to A. Lawrence fltipkins, Receiver, and has been operated
by him since that date. V, 61. p. 08.
DBItateA aad In treasury o f the co m p a n y ..........................
3,163,000
8*1.*.—Purchased at foreclosure sale S ov. 17 ,189 0, for $8,000,000
Total given a* outstanding.......... ..................................
*22,173,000 under m ortgage o f 1890 b y the bondholders' com m ittee. V. 63, p. 968.
Kreerved for prior Hens....... ................................................
109,742.000
R bstau , E tc .—T he Baltimore A Ohio, the Chicago Great Western and
ally reserved for priorlien*, which hi
have since been
the receivers o f the W isconsin Central lines are tenants o f Hie Ohio. A
'erted Into pref. stock. Will event ilally becom e
8,310,000 S . P. and pay rentals, the form er $175,000 per year, the Chicago
available f „ T im provements. (See » Iso b e l o w ) . ^
Great W estern about *175,000 per year (see V. 61, p. 280). and Hie re­
available for tmprovements. e tc. (see also beiow ) ........
9.,775.000 ceivers o f the W isconsin Central lines *144,000 per year, last, men­
tioned on account subject to adjustment. A lso derives incom e front
Total authorized..................................... .................. .
$150,000,000 suburban traffic.

.

INVESTORS’ SUPPLEMENT.

36

[VOL. LXIY.

Subscriber* will confer a great favor by giving Immediate notice o f any error discovered in these Tables.
B o n d s —Princi­
INTEREST OR DIVIDENDS.
Size, or
pal,When Due.
A m ount
Par
R ate per When W here Payable, and by S t o c k s —Last
of
of
For explanation o f column headings, Ac., see notes
Outstanding
Cent. Payable
Whom.
Road. Bonds Value.
Dividend.
on first page o f tables.

RAILROADS.

4.273
Preferred stock (7 p. 0 . yearly, not cum ulative).. 4.273
Ch. J: N. W. eon. s. f. M. ($12,900,000),n ot dr’n .e ' 788
85
Ohio. & Mil. 1st M. Chicago to Mil. (assum ed)..
Peninsular RR. 1st M., con v ertible....................
Cedar Rapids A Missouri Rtv.—Bonds assumed.
1st m ort. 3d Div., Des. M. R iver to Mo. R iver 149
Mori, of 1884, Ced. R. to D esM .R iver............. 122
71
Iow aM idl’d lstM ., L yonstoA nam osa (assumed)
Madison e x ten s.lstM ., g. (s.f. $23,000, not dr’n) 129
Menominee ext. 1st M.( g. (s. f. $20,000, not dr’m 114
62
Northwest. Union 1st M.,g.,Mil.to Fond-du-Lac,
Ohio. & N.W. geu. consol. M., g., s.f., not dr’n c.*Ar 1,670
31
Menominee R iver 1st M „ two series (assum ed)...
82
Mil. & Mad. 1st M., Mil. to Madison (assumed) .c*
Chicago & Tomah 1st mort., guar, (assumed). .. (
152
Chicago Milwaukee A N. W. construe, do
... ^
43
Escanaba A Lake Superior RR. 1st M., (assumed).
57
Des Moines A Minn. 1st M.,Des M.to Jewell Jc., Ac.
64
Ottumwa C.F.A St. P. 1st M .($25,000p.m .), gu. .c*
75
Northern 111. 1st M. ($20,000p. m ile),assum ed..c*
C.AN.W.s.f.b’ds o f *79<$15,000p.m.)red.atl05.c*fer 1,041
71
Iow a Div. IstM . for $1,411,000 ($20,000 p.m.)o*
Sinking fund debentures o f 1933 (not dr’n).e*&r . . . .
25-vear debentures o f 1909 (see te x t).........c*&r
30-year debentures fo r $10,000,000............c*<fcr
Extension 4s, $20,000,000 ($20,000 p. m .)..c&r . . . .
M innesota Valley Ry. 1st. m ortgage......................
________
Plainview RR. 1st m ortgage...................................
Winona A St. Peter 2d mortgage (now 1st) guar..
139
1st mort. extens., gold,land grant,s.f.,guar... c" 184
In additiou to bonds outstanding as above, t lie sin
f., $521,000 (and $110,000 on hand); «£., $1 81,00

1865
1863
1866
1884
1870
1871
1871
1872
1872
’70-’80
1880
(1 880
l 1882
1881
1882
1884
1885
1879
1891
1883
1884
1891
1886
1870-1
1871
king f
0; li.,$

$100 $39,070,883
Text. j . & j . N. Y ..C o.’s Oiflce.52Wall
100
22,365,100 7 per an. Q .- J .
do
do
1,000
12,774,000
7
do
do
T -T Ft
Q
1,700,000
J. A J.
do
1,000
7
do
96,000
—
do
do
2,332,000
M. A N.
do
7
769,000
J. A D.
7
do
1,350,000
1,000
8
A. A O.
do
500 &c. b 2,977,500
A. A O.
do
l g- J. A D.
2,546,500
500 Ac.
do
7 g500 Ac. «! 3,365,000
do
7 g. M. & 8.
500Ac. 12,336,000
do
7 g. J. & D.
560,000
7
J. & J.
do
1,000
1,600,000
6
M. A S.
do
1,528,000
M. A N.
6
________
do
e 601,000
6
M. A N.
....
do
1,000
720,000
6
j. & j.
do
1,000
600,000
7
F. A A.
do
1,000
1,600,000
5
M. A S.
do
1,000
1,500,000
5
M. & 8.
do
1,000Ac 13,188,000
5 & 6 A. A O.
do
1,000
1,411,000
4*2 A. & 0.
do
l,0 0 0 A c
9,800,000
M. A N.
5
do
l,OOOAc f 5,369,000
5
M. A N.
do
1,000&C «* 9,819,000
5
A 15 AO
do
1,000Ac h l7 4 8 9 ,0 0 0
4
F 15A A .
do
. . . .
150,000
7
A. & 0.
do
100,000
7
M. A S.
do
1,000
1.592,000
7
M. A N.
do
100 Ac. k 4,038,500
7 g. J. A D.
do
und .Tun e 1, 1896, he Id !>., $1712,500; c ., $150,500; a .,
1 .1 4 3 ,0 00: k ., $202 ,500.
1
500 Ac.

The interest on the Chicago & Northern Pacific first m ortgage bon ds
has not been paid since April 1.1 893 , but tlie interest on the underlying
m ortgage o f the Chicago & Great W estern and the interest on the pur­
chase m oney ol the School Board M ortgage has been paid regularly.
The net earnings after paym ent o f interest on these securities has been
expended in im provements and liquidation o f accounts due.
R e o r g a n i z a t i o n .— Bondholders’ Committee consists o f J. Edward
Simmons, Chairman, H enry Budge, R. C. Martin, Simon Sterne, William
Mertens. W. Allen Butler, Jr. and Alfred S. Heidelbacli.
In July,
1896, the U. 8. Trust Company’ s receipts had been issued for
1st m ortgage 5s deposited under this com m ittee’s agreement o f Dec. 5,
1893, and had been listed on N. Y. Stock E xchange. (V. 58, p. 306.)
On Dec. 3 ,1 8 9 4 , the com m ittee submitted a general plan to which
over 70 p ,c. o f the depositing bondholders assented within the required
time, so that under the terms o f the agreement the plan became oper­
ative as to all bonds deposited. In A pril, 1897, a detailed plan had not
y e t been announced.
In A pril, 1896, a settlem ent was m ade with tlie Northern P acific by
which that com pany is to return the $2,500,000 C. & N. P. bonds held
by it (see V. 59, p. 6 5 1 ), and the C. & N. P. agrees to include the Chi
cago A Calumet T erm inal in its reorganization plan, the Calumet se­
curities being owned b y the Norfch’n Pac. The N P. and the C. & N. P.
agree to relinquish all claims against each other. V. 62, p. 725. 778.
The N orthern Pacific w ill deposit its $20,000,000 o f Ch. & N. P. stock
uuder the plan, and fo r its Calumet securities will receive the same
securities under the plan as $5,000,000 Ch. & N. P. bonds receive.
T
E a r n i n g s — 2 m onths, >1897.............. . Gross, $145,084; net, $115,792
Jan. 1 to Feb. 28, S1896............... Gross. 138,310; net,
91.706
F or year 1896, gross, $813,795, net, $569,979; and in 1895 gross,
$769,355.
A n n u a l R e p o r t .— Earnings for the year ending June 30 ,189 6, w e re
gross, $726,077; net, $349,680; other incom e, $57,507; int. paid, $52,2 0 0 : balance, surplus, $354,987. In 1894-5, gross, $726,892; net,
$361,681. (V. 63, p. 188, 559, 651, 922, 968, 1009; V. 64, p. 286, 329.)
C h ic a g o
N o r t h W e s t e r n t t y . —(See Map.)—Operates an im ­
portant system o f roads uniting Chicago. 111., with Omaha, Neb., St.
Paul Minn., with the great wheat belts o f Dakota, Nebraska, etc., and
w ith the m ining regions o f M ichigan and the Black Hills, including—
Road owned—
Miles. Controlled by stock,
Miles'
Lines owned in fee..................3,085
operated separately—
Entire stock owned—■
Frem ont E lk Horn & Mo. V al. 1,301
W inona & St .Peter................. 449 Sio ux City & P acific................ 107
Dakota Central........................ 724
Princeton & Western..............
18
Total o f a ll............................. 6,439
M llw aukeeLakeShore& 'W ... 757 2d t r a c k .................................... 396
Also has large interest in Chi­
Total incl. in earns.............. 5,031 cago St. Paul M inneapolis &
Omaha, 1,492 miles.
H is t o r y , &c.—The Chicago & North Western Hallway was organized
In 1859, and lias since absorbed m any other roads.
1n Decern her, 1882, a controlling interest wa9 acquired in the stock o f
the Chicago St. Paul Minneapolis & Omaha Co., which see.
In July, 1884, tlie capital stocks (except a few shares) o f the Fre­
m ont Elkhorn & Mo. V alley and the Sioux City & Pacific were acquired
o n the terms stated in the S u p p l e m e n t o f June, 1885, and prior issues
Their securities, except those held bv Chic. & N. W.. arc in table above
lu December, 1891, the Milwaukee Lake Shore & Western RR . was
bought bj- an exchange o f stock, and on Sept. 1 ,1 8 9 3 , it was form ally
m erged into the Ch. & N. W., all its liabilities and duties being aseumed. See V. 57, P. 375; V, 56. p. 792. A s to W isconsin Northern
R y. see V. 62, p. 363; V. 63, p. 311, 313.
C a p i t a l sto ck .—Of the com m on stook $2,333,608, and preferred
$ 3 ,i9 o remained in tne co’s treasury in June, 1896. Pref. stock has a
prior right to 7 p. c.; then com m on 7 p. c.; then preferred 3 per centthen com m on 3 per cent; then both classes share.
D ivid en ds — '83. ’ 84. ’85. ’ 8 6 to ’ 93. ’94. ’ »5. ’96.
'97
C om m on....... 7
7
etj
6 yearly 3
4
5
below.
P referred —
8
3
7 is 7 yearly to A pril, 1897, inclusive.
D ividends on com m on were form erly paid June and Dec 30 The
dividend ou common due Dee. 30, 1891, was paid Jan. 3 ,1 8 9 5 , and was
for 2% per cent instead o f 3 p «r cent, as fo r many previous half-years.
Common in 1897—January, 2 ^ per oent.
3
B onds .- T I i 0 general consol, mortgage o f 1872 is a m ortgage ou all
the property o f the com pany at the date o f the m ortgage; the issue
3an be increased only to retire a like amount o f prior bonds.
bonds o f 1879 are secured by deposit in trust
ofiti.VOOO’OOO o f 1st m ortgage bonds at $15,000 per mile ou sub­
sidiary lines, the m ost im portant being described in S upplement o f
May, 1894. Of the smiting fund bonds o f 1879 $5,951,000 are 6 s;
the sinking fund is at least 1 per cent o f outstanding bonds, which
are subject to c a ll-a t 105; and through its operation the amount
outstanding has been reduced from $15,000,000 to the present figure
The /moo D ivision bonds o f 1891 cover road from Wall Lake to
Kingsley, Iowa, 71 miles. See V. 55. p. 217.
The sinking fund debentures o f 1933 have a sinking fund o f $200 000
per year, if they can be redeemed at 105. These, as also the </e°r
and 1891, w ill be secured by any future m ortgage
excepting any m ortgage for the enlargement, im provem ent or exten­

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
$135,00

Jan., ’ 9 7 ,2 ^ %
Ap. 6 /9 7 ,1 % %
Feb. 1, 1915
Ju ly 1. 1898
1898
M ay 1, 1916
June 1, 1909
Oct. 1, 1900
Apr. 1, 1911
June 1, 1911
June 1, 1917
Dec. 1, 1902
Ju ly 1, 1906
Sept. 1, 1905
Nov. 1, 1905
Nov. 1, 1905
July 1, 1901
Feb. 1, 1907
Mch. 1, 1909
Moh. 1, 1910
Oct, 1, 1929
Apr. 1, 1902
M ay 1, 1933
Nov. 1, 1909
A pr. 1 5 ,1 9 2 1
Aug. 15, 1926
Oct. 1, 1908
Sept. 1, 1908
Nov. 1, 190^
Dec. 1. 1916
0 ;e ., $149,000;

sion o f the com pan y’s prop erty.” See description o f all the debentures
on page 2, S u p p l e m e n t o f A pril, 1 8 9 5 . The 25-year debenture m ort­
gage c f 1 8 8 4 is for $6,000,000, and bonds outstanding have been re­
duced to present figures by sinking fund purchases under w hich $631 000 w ere held alive June 3 0 , 1 8 9 6 .
The extension bonds o f 1886 are secured by deposit in trust o f first
m ortgage bonds at a rate not exceedin g $20,000 per mile. Included in
the collateral June 1 ,1 8 9 6 , w ere $10,675,000 Frem ont E lk H orn & Mo
V alley le ts and $2,560,000 W yom ing Central ls t s [the W y. Cent, hav­
’
ing been consolidated -with F. E. & M. V .], etc. To Oct., 1896 E x ten ­
sion 4s for $18,632,000 had been listed on N. Y. Stock E xchange, of
which, June 3 0 ,1 8 9 6 , $1,143,000 w ere held alive iu sinking funds. See
F. E. & M. V. bonds below . Union Trust Co. o f N. Y., trustee.
The Fremont E lkhorn tf: Missouri Valley consols have a lirst lien on
1,170 miles (Fremont, Neb., to Deadw ood, D. T., 557 miles, and
branches to Hastings, A lbion, &c., 613 m iles), but besides the amount
of Issue given as outstanding in the table $10,675,000 are held as part
collateral for Chicago & Northwestern extension bonds o f 1886 The
Northwestern assumed $3,600,000 o f the Frem ont E lkhorn & Missouri
V alley bonds and guarantees the rest. See guaranty V. 56, p. 650.
The M ilwaukee L a k e Shore <t Western debentures are convertible into
stock at par at any time within ten days after the date fixed fo r payment
o f dividends on com . stock. Tlie extension and im provem ent m ortgage
sinking fund comm ences in 1893, and will receive not less than
$25,000 yearly ; tliese bonds are n ot su bject to call.
In addition to the com pany’s bonds, as show n in the table above,
there w ere M ay 31, 1896, $2,712,500 alive in the sinking fund.
L a n d G rant .—The report for 1895-96 showed that the total consider
ation fo r the lands and lots sold in that year am ounted to $ 3 1 2 ,9 4 0 .
N et cash receipts were $450,052. The statement of amounts secured
to be paid to the com pany by outstanding contracts o f sale in force at
the end o f the fiscal year showed a total o f $1,109,589. The lands
unsold and uncontracted fo r M ay 3 1 ,1 8 9 5 , w ere 698,392 acres, against
736,365 acres in 1895.
G en e r a l F inances .— It was estimated (in 1895) that the elevation
o f tracks in Cliicaao w ill occu p y about fou r years time and cost be­
tw een $1,000,000 and $2,000,000 a year. V . 62, p. 456; V. 63. p. 228.
In 1895-96 the average freight train load w as 141 tons; rate per ton,
m ile, 1-04 cents. In calendar year 1895 o f 16,215,091 total tons o r
freight oarned, grain furnished 8'7 p. c., coal 10 p. c., ores 29 p. c. and
lum ber 13 p. c.
t
—^au‘ 1
F eb' 2^> 2 m onths, gross, $4,302,967 in
l b J / ; $4,S o l,541 in 1896. F or calendar years, earnings on 5,031 miles
have been as follow s. See also editorial in V. 64, p. 263.
^
Ch’gcs(N et). Dividends.
B a !.,su r
} § o - * -$ Q?’ lZ Z ’ i o o
$10,950,228 $6,624,915 $3,517,758
$807,525
189o . 31,558,629
11,804,827 6,769,606 3,125,718
1,909,505
i
R epo r t .—Fiscal year ends M ay 31. The annual m eeting is
Pel< the first Thursday in June. The report fo r 1895-96 given at length
J
m V. 63. p. 309, 311. See also editorial, p. 289.
Tlie follow in g statistics are for the Chicago & N orthwestern p rop ei;
the statistics or the Freinom E lkhorn A Mo. V alley are given further
below and in the C h r o n i c l e , V . 63, p. 309.
Tear ending M ay 31.
1896.
1895
1894.
1893.
A verage m iles oper..
5,031
5 ,0 3 i
4,841
4,273
Passenger earnin gs.. $7,4i>8,827 $7,044,691 $9,226,467 $7,956,440
Freight......................... 24,354,622 19,484,415 21,284,929 2 3 ,3,7,715
Mail, express, & o ___ 1,725,312
1,579,268
1,474,786
1,375,592

Total earnings...$ 3 3 t488,761 $28,108,374 $31,986,187 $32,709,747
Mainten’n c e o fw a y )
*
C$4 4 7 1 1 6 0
“
cars,etc. t $20,373,402$17,503,917 $19,867,628 \ ‘ 3 ’:-!8 6 ,o 53
’
Transp’tn & m iscel. )
( 1 3 433 750
T axes........................... 1,075,569
1,007,811
1,040,302
l,’0O2,’l9 0
Total ex p en ses..$21,448,971 18,511,728 $20,907,930 $22,293,153
Net earnings.............. $12,039,790 $9,596,646 $11,078,252 $10,416,594
P. o. exp. to earnings
(64-50)
(65-86)
(65-37)
(68-15)
Investm ents, e tc.......
671,638
652,274
431,673
767,635
Total receip ts.... $12,711,428 $10,248,920 $11,509,925 $11,184,229
Interest on d ebt.........$7,122,356
$7,071,135 $6,875,232 $ 6 ,2 0 4 ,3 1 9
Dividends. .............. 3,517,057
3,125,546
3,906,594 3,906,562
Sinking fu n d ..............
220,990
325,830
327,150
200,200
M ilwaukee Fire aeot.....................
............
___
222 870
Total disbursm’ts.$10,860,403 $10,522,511 $11,108,976 $10,533,951
B alan ce,su rp lu s..su r.$l,851,025def.$273,591
$400,949
$650,278
FREMONT ELKHORN tfc MISSOURI VALLEY.
T r . e n d . W a y 31.
1896.
1895.
1894.
1893.
Gross earnings............ $2,950,439 $2,666,642 $3,334,756 $3,653,678
Net earnings...............
893,670
092,834
1 ,0 93,8 -2 1,151,236
Total ch arg es............. 1,022,469
1,025,029
1,028,308 1,030,669
Balance.................... def.$128,799def.$332,195 sur.$65,544 sr.$120,567
-(V 363. a/7, 456, 683, 1087; V. 63, p. 228, 270
2 8 9 , 3 0 9 , 3 1 1 ; V. 64, p. 263, 2 8 3 , 3 73.)

M AP OF TUB
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38

INVESTORS’

SUPPLEMENT.

[ VOL# L X IV .

Subscribers will conrer a great favor by giving Immediate notice of any error discovered In tbese Tables.

Bonds—P rinci­
INTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal,^When Due.
A m ount
Par
Rate per When Where Payable, and by Stocks—Last
of
of
F or explanation o f column headings, Ac., see notes
Outstanding
Whom.
Road. Bonds Value.
Cent. Payable
Dividend.
on first page o f tables.
Chicago A N o r th W e s te r n — ( C o n . ) —
Maple R iverlB t M., Br. to M apleton, (assum ed)..
R ooh.4N o.M inn. lBtM.,gu.(assumedby.WA8t.P.)

60
24
71
125
1,170
6
101
101
416
85
40
697
697

Dak.Cent. 1st M. on So’east Div. (to naw arden) gu.
Frem .Elk. 4 M . V.consol M. $20,000 p. m. see text.
Bloux c ity A Pao. pref. stook (1st mort. on 6 m .).
1st M. Sioux City to Frem ont (assumed.).........
2d M .Gov't lien (accr.int.Jan. 1 /9 7 $2,480,623.)
Mllw. L. 8h. & W., Consol. M. (now 1st) goid...o*
Michigan Div. 1st mort. (for $3,000,000), g-.c*
Ashland Division 1st mortgage, gold............... o '
Conv. debentures, secured by m ort o f ’ 89, g . .0'
E xt. A lm p . M. for$5,000,000, g., B.f. not dr'n.e*
Incom e bonds (not cum ulative)......................... r
40
Marsh. E x .ls t M .fo r $600,000 ($15,000 p. m.) .0*
8t. P. E. Gr’d T . lst.M . g.,int.gu.by M. L. S.&W.c*
56
Chicago P e o r i a AS L.—1st M., $5,275,000, g. c*Ar. 177
t.
2d m tge. non-oum. Incomes, gold (see t e x tj.c'A r. 177
ChicagoRockIslandctPac.—Stock (for $50,000,000)
1st mort.. Chic., 111., to Council Bluffs&branehes.o* 736
Chic. & Southw. 1st M. (g’d in cur. by 0.R .I.A P .). 268
1st M. ext. and col. ($20,000 p. m.) red. aft. ’ 94.c<fcr 2,153
Debenture bonds (redeemable at 105).......... o*«fer.
ChicagoS PaulM
t.
inneapolisAO aha—
m
Com. stook. ....
Preferred stock, non-cum ulative (see te x t)..........
8t. Paul Stillwater & Taylors’ Falls 1st m ort. . ..c
21
Hud. A River Falls 1st M.,Hudson to River F alls.c
12
Ch.St. P.A Minn. 1st M.,g., Elroy to L. St.C.ass’d.c* 177
In addition to the bonds outstanding as above, the s

1877
1878
1882
1882
1883

$1,000
100
1868 500 Ao.
1868 500 Ac.
1,000
1881
1884
1,000
1,000
1885
1,000
1887
1889
1,000
1,000
1881
1892
1,000
1883
1,000
1896
1,000
1,000
1896
__
100
1877 1,0004c
1869 100 Ac.
1884 1,000Ac
1891 l.OOOAe
100
....
100
1878 500 Ac.
1,000
1878
1878 500 Ac.
inking fund Ju

$402,500
200.000
a 1,007,000
2,000,000
7,725,000
169,000
1,628,000
1,628,320
5,000,000
1,281,000
1,000,000
436,000
4,148,000
500,000
400,000
1,120,000
4,599,000
2,250,000
46,156,000
12,100,000
5,000,000
40,381,000
4.500,000
18,559,187
11,259,912
334,800
125,000
3,000,000
ne 1, 1896, h

j . & J. N. Y „ Office, 52 W all St.
7
M. & 8 .
do
do
7
do
do
6
M. A 8.
M. A N.
do
do
6
6
A. 4 o .
do
do
7 per an. A. 4 G.
do
do
6
J. 4 J.
do
do
6
J. A J. U.S. Treas., at maturity .
6 g. M. A N. N. Y . Office, 52 Wall St.
do
do
6 g. J. 4 j .
do
do
6 g. M. 4 8.
do
do
5 g. F. 4 A.
do
do
5 g. F. 4 A.
M. A -N
.
do
do
6
A. A o .
do
do
5
do
do
6 g. J. 4 J.
4 g. ,T. 4 J. N. Y ., M erc. T rust Co.
4 g- Jan. 1
See text. Q .-F . New Y ork and Chicago.
J. A j . N. Y .,13 W illiam St.
6
M. 4 N.
do
do
7
do
do
5
J. 4 j .
M. A 8.
do
do
5

See text.
7
8
6 g.
eld, a , $

F. 4 A.
J. A j .
J. 4 J.
M. 4 N.
58,000.

Chicago Paducah ic Memphis It It.—In 1897 m erged in the
Chicago * Eastern Illinois and the bonds (all in ttrtt hands) exchanged
fo r a C. A E. I. issue.

Year ending M
arch 3 1 Miles owned and op era ted ...

Chicago Peoria <fc S t. Louis l i l t , of Illinois.—Owns from
Pekin, 111., to Jacksonville, 111., and Havana to Springlleld, 120 miles,
and Litchfield to East St. Louis. 50 miles; uses Merchants’ Bridge into
8t. Louis, 2 miles.; trackage, 13 m. Extension to R ock Island partly
graded, Owns a one-quarter interest in the Peoria & Pekin Union.
Operates Jaoksonville & St. L ouis at rental o f $20,000 per month.

Mail, express, rentals, eto___

O r g a n iz a t i 'N.—A. reorganization in February, 1896, o f the C. P. A
St. L. Ky. sold in foreclosure, per plan V. 61, p. 365. (Y . 62, p. 232,319.)
T

P. e. o f oper. exp. to earns_
From land department, eto..

July 1, 1897
Sept. 1, 1908
Sept. 1, 1907
Nov. 1, 1907
Oct. 1, 1933
Oct. 1, 1896
Jam 1, 1898
Mar. ’ 98 4 ’ 99
May 1, 1921
July 1, 1924
Mch. 1, 1925
Feb. 1, 1907
Feb. 1, 1929
M ay 1, 1911
Oot. 1, 1922
Jan. 1, 1913
Ju ly 1, 1925
Ju ly 1, 1945
May, ’97,
July 1, 1917
Nov. 1, 1899
Ju ly 1, 1934
Sept. 1, 1921
Fb. 2 0 /9 7 , 2%
N. Y ., Office, 52 W all 8t. Fb. 2 0 /9 7 3*a
do
do
Jan. 1, 1908
do
do
Ju ly 1, 1908
do
do
M ay 1, 1918

1896.
3,571
$4,445,953
11,159,100
1,754,600

1895.
3,571
$4,338,053
11,206,686
1,876,077

1894.
3,571
$6,538,568
12,852,9791,647,527

$17,359,653
11,866,594

$17,420,816
12,682,261

$21,039,074
14,977,480-

$5,493,059
(68 36)
38,439

$4,738,555
(72-80)
15,644

$6,061,594
(71-14)
43,038

S tocks and B o n d s —Common stock authorized $2,500,000; preferred
Total in com e...................... $5,531,498
$4,754,199
$6,104,632
5 p. o., non-cum ulative, $2,500,000.
Rent leased roads.....................
$665,615
$694,924
$6 92,6 17
The new first raortgago is for $5,275,000 to the M ercantile Trust Co. Interest on d ebt........................
3,322,525
3,318,525
3,199,825
o f N. Y. as trustee. Of the $4,599,000 firsts given as outstanding in Missouri R iver bridges.................................. 119,650
157,608
157,46 0
table above, $2,161,000 were out as collateral fo r loans (of $800,000 at D ividen ds.................................. (2) 923,116 (3) 1,384,674 (4) 1,846,232
6 p. c.) and oar trusts, leaving $2,438,000 drawing interest. (V. 63, p. Balance...................................... sur.$500,592 def.$801,532 sur.$208,498
791.) First m ortgage bonds for $676,000 and $250,000 incomes are M. A St. L. b o n d s...................
............
cr. 1,152,079
reserved for additional railw ay at $15,000 per mile.
The incom e m ortgage (Central Trust Co., N.Y , trustee,) is fo r $2,500,- Surplus bal. fo r y e a r..........................................
$500,592
$352,547 $208
000 o f non cum ulative 4 p ercen ts. The Railroad Company may at any
time after Ju ly 1, 1897, and prior to July 1, 1899, convert this issue o f - ( V . 62, p. 989, 1 0 1 2 , 1 0 3 7 , 1 0 3 9 ,1 0 4 2 ; V . 63, p , 87 9,10 09.)
bonds into 3 per cents, constituting a fixed charge. The incom e mortC h i c a g o S t. P a u l Sc K a n . C i t y .—See Ch icago G r e a t W e ste r n .
m ortgage was originally for $4,220,000, bu t by agreem ent July 29,
C h i c a g o S t. P a u l M i n n e a p o l i s & O m a h a B y . — ( S e e M a p C h i ­
1896, was lim ited D $2,500,000, and the balance o f bonds canceled.
o
c a g o < N o r t h W e s t e r n .)—R o ad .—Mainline— E lro y , Wis., to Omaha, N eb.,
£
E arninos .—Including Jacksonv. Louisv. & St. L., 112 miles. Opera­ 593 m iles; other lines, 899 m ile s; total, 1,492 m iles, o f whioh 1,428
tions fo r year ending Dec. 31, 1896;
m iles are owned and 64 m iles leased.
Year end. G
ross.
N
et.
T
axes, etc. Interest. Balance.
H is to r y .—This was a consolidation July, 1880, o f the Chicago St
Dec. 31. ’96. $897,940
$272,756
$72,703
$145,550 sr.$54,503 Paul & Minneapolis, the North W isconsin and the St. Paul & Sioux City.
Interest includes $97,550 on $2,438,000 firsts and $48,000 on loan
In Novem ber, 1882, a controlling interest in the stock was purchased
o f $800,000. In year 1895, gross, $928,329, against $824,841 in 1894. for the Chicago & N orth w estern R ailw ay b y the acquisition o f 93.200
—(V. 61. p. 661, 703, 793, 8 7 0 ; V. 62, p. 232, 319; V. 63, p. 791; Y. 64. shares of com m on and 53,800 shares of preferred. F irst dividend
p. 284, 3 2 6 .
(2 p. c.) on com m on stock w as paid in F ebruary, 1897.
Chicago Rock Island & Pacific B y .- (See M ) —ROAD.—
ap
Sto c k .—A uthorized com m on, $21,403,293; preferred, $12,646,833.
Operates from Chicago, 111., via Omaha, Neb., to D enver and Colorado H eld b y the com pan y Dec. 3 1 ,1 8 9 6 , com m on stock and scrip, $2,844,Springs, Col., and v ia Kansas City, Mo., to Fort Worth, Texas, with 106; preferred stock and scrip, $1,386,921. P referred stock has a p rior
branolies. The system, as w ill be seen on adjoining map, in clu d e s;
right to non-cum ulative dividend o f 7 per c e n t ; bu t com m on is never
Lines owned—
M
iles.
Leased, efc.—(HWhich see.) M
iles. to receive m ore than is paid on preferred.
Chio.,Ill.,toCounoilBlufF8,Ia. 499 Peoria & Bureau V alley___If
D iv id e n ds since ’ 87. '88. ’ 89. ’ 90. ’ 91. *92. '93. ’94.
’ 95. ’ 96.
’97.
47
D avenp’t, la ., to Ateh’n, Kan. 342 Keokuk A Des M oines........ § 162
Common, P. c t............................................................. ls t d iv . i n ’97, 2%
E lw ood to Liberal, K an......... 440 Des Moines & F ort D odge..If 143
Preferred, P. c t . . . .
6
3
4
4 6 ^ 7 per annum (3 ^ FAA.>
H erington,Kan.,toTerral,I.T. 349 Trackage to Kansas City,
B onds .—In 1893 consols fo r $276,000 w ere issued. There are also
Horton, Kan., to Roswell,Col. 569
No. Topeka, Kan., Denver,
$75,000 M inneapolis Eastern 1st m., guar., 7s, due Jan. 1,1 909 . Com­
B ran ch es................................... 682
Col., Pueblo, Col., etc......... 338 pany owns $1,500,000 bonds o f Superior Short Line Ry.
L a n d s —The land sales in 1896 w ere 22,093 acres, fo r $68,068, in­
Total ow ned....................... .2,881
T o t.lin esop er.A p r.1,18 96.3 ,571
cluding lo t s ; lands undisposed of, 414,952 acres.
The Chicago R ock Island & Texas, from Terral to F ort Worth T ex
L atest E arnings .—From Jan. 1 to Feb. 28 (2 m onths), gross, $1,061,93 miles, was com pleted in July. 1893. It is owned by the R ock Island!
$1,174,598 in 1896. F or year ending June 3 0 ,1 8 9 6 , see
and its bonds are all deposited for the R. I. extension and collateral $59 in p. 1114.
V. 63,
m ortgage, but the road is operated separately. V. 61, p. 793.
A nnual R epo r t .—R eport fo r 1896 was in Y. 64, p. 514. A v era g e
H is t o r y .—The present Chicago R ock Island & Pacific was a con­ train load in 1896 was 170*6 tons; in 1895 w as 156*6 tons.
solidation June 2, 1880, with $50,000,000 stock authorized, and a
Y e a r ending D e c . 31—
1896.
1895.
1894.
stook dividend o f 100 per cent to the holders o f R ock Island stook
.$8,156,192
$7,508,764
$7,297,619
Chicago Kansas A Nebraska is now owned in fee simple. V. 53, p. 22 3’
. 5,137,034
4,836,652
4,946,184
D ividends
(1 8 8 3 ’ 89 ’ 90 ’91 ’ 92 ’ 93 ’ 94 ’ 95 ’ 96
97 ’
since .87, P. ot. ( 6
4 4
3 4
4 3 '-2 2
2 B elow
.$3,019,158
$2,672,112
$2,351,435
In 1897, Feb., ksp. c.; May, Dj p. c. From 1881 to 1 8 87,7 p. c. per ann.
.
113,946
113,048
109,137
) 1,405,353
1,422,830
1,412,300
B onds .—The extension and collateral trust 5 per cent bonds (trusts6
. (7)787,976
(7)787,976
(7) 787,976
sn?m
Atgl**6 lJ
,nl^od States Trust, Company) are issued at the rate o f
. (2)370,982
$15,000 per m ile for single track, $5,000 per m ile additional for equip­
ment and $7,500 for second track. They are secured by the
. $340,901
$42,022
$348,258
direct uen of a first m ortgage or by deposit with the trustee o f an equal
$1,662
$36,389
$230,076
o f i?,1 m ort- 6 P- °- bonds o f branch lines, and (since July 1
1 8 9 4 ,) are red le at 105 1 1 the order o f their numbers.beginning with the - ( V . 61, p. 280; Y. 62, p. 4 1 0 ; V. 63, p. 1114; V. 64, p. 231, 233, 51 4.)
1
lowest. On Deo. 29 ,189 4, there were $40,444,000 o f these bonds out­
C h i c a g o & S o u t h e a s t e r n Ry.—
Operates Anderson, Ind., to
standing, and $268,000 had been canceled for the sinking fund- o f Brazil, Ind., 109 miles, o f w hich 12 miles, W aveland to Sand Creek, is
the total originally sold $32,298,000 were issued at $15,000 per mile trackage over St. L. Van. A T. H., leaving 97 m iles owned. Receiver
t r a o k ^ ’ 200’0g0 for Kansas Ci‘ y terminal property aP P * - t o r m February, 1897. Form ed in 1891 to succeed Midland
and $ /,2 1 4 ,0 0 0 for equipment. See m ortgage abstract, V. 47, p 260 o f Indiana, reorganized. The Midland o f Ind. m ortgage (assumed) has
The debentures o f 1891 (U. S. Trust Co., trustee) were issued to pay Von1 ^mited to $375,000. M idland Ry. o f Ind. interest due July 1*.
*
fo r terminais and betterments as needed. The issue is fo r $10,000 000 1894, was paid m Dec., 1894, and the January, 1895, interest was not
and the bonds are redeemable on notice any coupon day at 105 In paid when due. (V. 61, p. 324, 924.)
June, 1894, $1,500,000 debentures wore sold fo r im provem ents ‘ See
S
K
a
i
!
Sl 4 e R a P i d Transit.— « Alley Elevated.”
?
(
description o f debentures on p age 3 S u pplem ent or A pril, 1895.
—See S t r e e t R a i l w a y S u p p l e m e n t .
G en eral FiNANCEs.-The sale in Oct., 1894, o f the Minneapolis A
™ T ea£a ? R R . - O w n s from Cape Girardeau, M o., via
8t. lam ls—which see—realized for the R ock Island $3,832,000 in cash
J0 Johnson City, etc.,
V. 59, p. 738. A verage freight train load 1895-9 6,1 44 tons; rate per rison, 111., o miles; 56 and 60-lb. steel. 80 miles, and branch to Har­
2
ton mile i*U3 cents.
182 3 of Grau(i Tow er A Cape Girardeau and Grand
SM v™ doV ,7 ? S : 1 % ¥ ar? h 31 <
m
3
gross, $3,329,135 in 1897, lo w e r & Carbondale. Common stock authorized, $1,500,000; non-cu1 15,3530,825“ n 1895 Calendar year 1896 Sroas,<$15,421,698, against m ulatjve 5 per cent preferred, $1,000,000; par, $100. AH outstanding,
waa $9 72,0 00; current liabilities,
T.,^ir8Qn5?o£?J 91f500t000 are reserved for extensions. Year
u ?S tT
.AI'v,P.EPORT'-K ? ieJ l9cal y®ar end8 M arch 31. A nnual m eeting
is held in Chicago on the first W ednesday in June. R ep ort fo r 1895-96 A t o i« ? ^ Q % 3? ’ i1 8 9 6 ,g y ° l8’J B184*689; net, $50,302; interest, taxes,
?n
in full was in V. 62, p, 10 12,1 037 . Earnings, Ao., have b e e n :
ki aq
SS&SSS' dSflc*t fo r year, $16,435. In 1894-95, gross.
$149,375. net, $38,396; charges, $55,406.—(V. 57, p. 255.)

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1897.j

M AI’ OK TH E

Chicago. R ock I sland
Pacific R ailway System
AND ITS CONNECTIONS.

40

INVESTORS’ SUPPLEMENT.

[V ol . LX IV,

subscriber* will confer a threat favor by giving Immediate notice of any error discovered in these Tables,
B o n d s — P nnoi
INTEREST OR DIVIDENDS.
RAILROADS.
pal,When Due.
Date Size, or
A m ount
Par
of
of
For explanation o f column headings, &o., see notes
Outstanding Rate per When Where Payable, and by Stocks—Last
Whom.
Dividend.
Cent. Payable
Road. Bonds Value.
on first page o f tables.

Chic. St. Paul Minneap. d Omaha—(GoncVd) —
8t. P. A-Si'xC. 1st. M.g. <$7,000,000) $10,000p.m . o 607
80
N o.W is.lst M. Lake s ’t.C. to n'rSpooner ass’m ed.c'
37
Sault Ste. Marie A 8outhwest’ n 1st M., assumed.c
Cli.st P.M.AO.ooii.M.,$30,000,000<$15,000p.m)c- 1,412
94
Chicago & Southeastern—M id.of lud. 1st M., gold. .0
94
Coiim *!. mortgage, $20,000 per mile, g o ld ............
60
48
Chic, d 11'. Ind.—1st M., g., s. f., subj. call at 105.c '
48
General m ort., gold, sinking fluid, see t e x t .......c*
OKicaao < West W chiaan—Stock (in trust $63,600).
*
10
Chic. A West Mich, general m ort.($12,000p.m .).o* 483
93
Ch.A No.Mich. 1st M .,gu.,p.Abend.$18,000 p. m.o*
Mich. Equip. Co. 1st M., gu.p.Al., s.f. red. at lOO.r.
Choctaw Oklahoma d G u lf Jiff.—Priorlien,g.,text.c*
General mortgage, $5,500,000, g old ...................c ’'
Cin. Ham. d Day.—New com . stuck, $8,000,000...
1st preferred stock, Series A A B, $500,000 each.
do “ Eagle” ..................................................
New 2d preferred 5 p. c non-emu., $ 8 ,0 0 0 ,0 0 0 ..
Consolidated mort. (now l 't ) $ A £ , sink, fund c*
do
do ................................ c*
do
do ............................... o*
8econd mortgage, g o ld ............................................... o*
Geueral mortgage, $ 7 ,8 0 0 ,0 0 0 , gold .................... c*
Cin. Day. A Iron., 1st M., gold, guar, (assumed.c*
Cin. Hamilton d' Indiana]).— 1st M., guar. p. A i..
■
General m ort. for $3,800,000, gold, to be g u a r...

1879
1880
1890
1880
1887
1891
1893
1879
82-92

1875
1881
1891
1892
1894-6
220 1894
220 1894
....
___

___
___

60
60
60
69
60
164
99
99

1875
1875
1875
1887
1892
1891
1873
1893

$1,000
1,000
1,000
1,000
1,000

$6,070,000
800,000
400,000
14,006,327
375,000

1,000
1,000
1,000
100
500 Ac.
i,o o o
1,000
1,000

1,225,000
1,149,000
9,652,666
7,511,800
19,000
5 ,7 5-,0 00
1,667,000
293,000
464,062
1,000,000
3,000.000
8,000,000
1,000,000
625,500
6,374.500
996,000
1,347,000
389,000
2,000,000
3,000,000
3,500,000
2,500,000
1,333,000

1,000
1,000
100
100
100

ijVoo
1,000
1,000
1 000
1,000
1,000
1, > >0
1,000

Chicago & Western Indiana HR.#—
Owns a valuable term inal
system of roads affording entrance into Chicago to the roads named
below. Its lines extend from Dearborn Station, Polk Street, Chicago,
to Dolton, 17 miles, also to Indiana State Line, 10 miles, +o
Cragin, 16 miles, and to South Chicago, 5 m iles ; total, 48 miles; total
track, including 2d, 3d, 4th tracks and sidings, 194 m iles; also owns
860 acres o f real estate, passenger and freight yards, warehouses,
elevators, etc. The Belt Ry. o f Chicago leases and operates 72 miles of
the 194 miles owned by the Ch. & W. I., its securities being all held by
the companies leasing the Cliicago & W. I.; see V. 60, p. 1056.
L e a se s .— Tliis com pany’s road and terminals are leased under per­
petual contracts to the Wabash, the Chic. A Grand Trunk, the Chicago A
Eastern Illinois, the Cliioago & Erie and the Louisville New A lbany &
Chicago, each of which five companies owns $1,000,000 stock. They
are also leased to the Atchison, the E lgin J oliet & Eastern and the Belt
Railway. The annual rentals must always exceed by at least 20 per
cent the interest on the bonds at any time outstanding.
C a p it a l St o c k , $5,000,000, all owned as above stated. Dividends
1892 to 1894,6 p. c. yearly; in 1895, 7% p. c.; in 1896, 6 p. c.
B onds .—Sinking ftm dpaym ents(am ountingin year 1896 to $161,000)
annually retire a portion o f the first m ortgage bonds at 105 and inter­
est, aud after they are all drawn the general m ortgage bonds becom e
subject to same sinking fund aud will bo drawn at same price in such
annual amounts as will retire the debt at or before maturity. In Sept.,
1894, $14,152,000 general 6s had benn issued, o f which $2,500,000
wore reserved to retire firsts and $1,999,333 had been paid back to
company for debt and canceled. May 1, 1897, $85,000 lsts were r e ­
deemed.
A n n u a l R e p o r t — Fiscal year ends Dec. 31. R eport fo r 1895 was ii
V. 62, p. 1084, showing gross incom e, $995,834; interest, etc., $678,335
dividends, $375,000; balance, deficit, $57,501. In 1894 gross, $994,
979. (V. 62, p. 1 0 8 4 ; V. 64, p. 4 0 . 3 7 1 .)
C h i c a g o & W e s t U l e l i i g a i i R y . —Owns from Lacrosse, Ind., to
Traverse City, 301 miles; Allegan to Pentwater, 98 miles; Big Rapidi
Junction to B ig Rapids, 52 miles; other branches, 31 miles; proprietary
line, Chicago A North Michigan (opened in Ju ly,1892), Traverse City t<
Elk Rapids and B ay View, 93 miles; total o f all, 575 miles.
O r g a n i z a t i o n , A c.—Organized Jan. 1 , 1 8 7 9 . Total tons carried ii
1895 w ere 1,205,263, o f which lum ber furnished 46*7 p. c., coal 8 p. c
and grain 4 p. 0.
C o u p o n s , E t c .—June, 1894, coupons on gen. mort. w ere purchased a
Union Tr. Co., N. Y ., and Old Colony Trust Co., Boston. V.58, p. 941
Coupons o f Chicago & West Michigan general more., due Dec. 1 ,1 8 9 4
to Dec., 1896, inclusive, aud o f Chicago & North Michigan first m ort
due Nov. 1,1894, to Nov., 1896, inclusive, were paid ^ in cash and ^
m 10-year 5 p. c. scrip, said scrip to be redeemable at option o f com
pany. \ . 63, p. 793. Jan. 1, 1896, loans and bills payable, $50,000
unpaid coupons, $172,193. Equipment bonds authorized, $500,000.
887,
P* ° - » in 1888, 2 ; in 1889, 2 ; in 1890, 3; ii
1891, 3 ^ ; in 1892, 3 *2; in 1893, Feb., 1*2 p. c.; none since.
L a t e s t E a r n i n g s . - From Jan. 1 to Feb. 28 (2 m onths):
1 o a ^ miths'
„ NeL
JwL. rent., <&
c.
B alance
......................... $221 793
$28,151
$68,695
def. $40,544
1896 ....................... 236,779
24,189
67,546
def. 43,SS'
A n n u a l R e p o r t .— F or year ending Deo. 31 ,189 6, gross, $1,642,617
net $321,141; other incom e. $1,496; charges, $408,364; balance,
deficit, fo r year, $ 80,727. R eport in V. 62, p 820, for 1895 showee
gross, $1,724,047; net, $319,950.—(V. 62, p. 8 2 0 ; V. 63, p. 793.)
C h o c t a w O k ^ H o m a & G u l f K R .- W i s t e r , Indian Territory
via South M oAietfer and Oklahoma City, to F ort Reno, 216 m iles;
coal mine branches, 4 m iles; total. 220 miles. The extension, South
MoAlester to Oklahoma City, 120 miles, com pleted in September, 1895.
Extension o f 12 miles to K. C. Pittsburg & Gulf is proposed.
H istory .—A reorganization o f the Choctaw Coal A Railway Co., sold
in foreclosure Sept. 9, 1894. Holds valuable coal leases.
y
R eadjustment .—In June, 1896, was issued $4,000,000 o f 5 per cent
preferred stock (par. $50) to retire $1,200,000 (out o f $4,141 000)
general m ortgage bonds aud all tlio $1,100,000 incom es' aud to raifip
$650,000 in cash w ill, which to pay $308,000 o a l^ u s t l; ami to b u M
an extension o f 10 miles to the Kansas City Pittsburg & (;u lf, tor )>otmMtnn*9,ifit ftnnTi le °,b l,g Seerv-c 62, p. 088, 778, 821, 868. from v
$325,000 to $210,000 yearly. ato V. SSrge8 " oro tlmi‘ reduced

0)

6 g.
6
5
6
5 g.
5 g.
5
6 g.
6 g.
See text.
7
5
5
6
5
6 g.
5 g.
See text.
4 per an.
4 per an.
5
7

6
5
4 Isg.
5 g.
5 g.
7

5 g.

A. A O. N. Y. Office, 52 W all St. Apr. 1, 1919
.7. & J.
do
do
Jan. 1, 1930
do
do
M. A N.
Nov. 1, 1915
do
do
J . A D.
June 1, 1930
j. & j.
See text.
Jan. 1, 1917
Oet. 1. 1921
.........
A. A O.
Apr. 1, 1933
M. A N. N. Y., J.F.iUorgan A Co. Nov. 1, 1919
do
do
Q .-M .
Dec. 1, 1932
F. A A.
See text.
Feb. 15,1893
J. A D. N. Y ., Un. Tr. A B oston. June 1, 1905
J. A D.
See text.
Dec. 1, 1921
M. A N.
See text.
M ay 1, 1931
Boston.
J. A D.
June 1, 1902
1904-5
A. A 0 . Pliil., Or. 420Walnut St. Oct. 1, 1919
do
do
j, & j.
Oct. 1, 1919
Cincinnati.
See text.
do
A pr.6,’97,1%
Q .- J .
Q .-M .
do
Mar., ’97, 1%
do
Q .- F .
M ay 8’ 9 7 ,i1
4%
A. A O. N.Y.,Ke88ler*fcCo54Wall Oct. 1, 1905
do
do
A. A 0 .
Oct. 1, 1905
do
do
A. & 0 .
Oct. 1, 1905
J. A J.
do
do
Jan. 1, 1937
J. A I). N. Y . , Blair A Co., 3 3 Wall June 1, 1942
M. A N. N. Y., Kessler ACo54 Wall M ay 1, 1941
J. & J.iN.Y.,Kessler&Co54Wall Jan. 1, 1903
J. A D.
do
do
June, 1943

A n n u a l R e p o r t .— Year ends Oct. 3 1 . R ep ort fo r 1 8 9 5 - 6 w a s g iv e n
in V. 64, p. 1 3 2 , show ing earnings as follow s:
Years end.
Gross
Net
Profit
Taxes
Balance.
Oct. 3 1 — o f railroad, earnings, on m ining, and rents, fo r interest,
$202,221
$26,386
$11,200
$217,40 7
1895-6.-....... $543,041
1894-5......... 332,318
126,459
64,085
............
............
Interest charge on bonds now outstanding, $209,750.
Coal output in 1895-6 was 364,110 tons against 358,655 tons in
1891-5, but the price received in 1895-6 was m uch low er than in the
previou s year. In the calendar year 1894 the output was 360,520 tons;
in 1893 was 350,567 tons. President, Francis I. Gowen, Philadel­
phia.—(V. 64, p. 1 3 2 , 133.)
Cincinnati Dayton & Ironton.—
See Cincin. S am . < Dayton.
£
Cincinnati Hamilton & Dayton Ry.—(Nee Map.)—Operates a
direct line betw een Cincinnati and T oledo, Ohio, w ith branches to
Indianapolis, Ind., and Ironton, on the N orfolk A W estern, etc.
Road owned—(H See this Oo.)Miles.
Roads controlled—
Miles.
Cincinnati to Dayton, 0 ............ 60 Cincinnati H am ilton & In d ...if 99
Cincinnati D ayton & Iron ton . .164 Cincinnati A D a y ton ................ 13
Cin. D ayton A Chicago, e tc___143
T ra ck a g e ...................................... 20
T otal o f a ll.............................641
Roads leased—
Owns join tly with B ig Four DayD ayton & M ichigan................ TI142 ton & Union.
H is t o r y , E t c .— Chartered in 1846. Main line opened in 1851,
Leased lines added at various times since. In Ju ly, 1895, the Ciu.
D ayton & Ironton and Cin. D. A Chicago w ere form ally consolidated
with the C. H. A D. Railroad under the name o f Cin. Hatn. A Dayton
Railway. V. 60, p. 1104; V. 61, p. 68. Indiana D ecatur A Western
stock control was acquired in the interest o f the C. H. A D. in D ecem ber,
1895, and that property will be operated in conn ection with the C. H.
& D. system. V. 61, p. 1064.
The Cincinnati Hamilton & D ayton T raction Co. was organized in
November, 1896, to build and operate rapid transit electric lines in
connection with the C. H. A D. steam r oa d —see V. 64, p. 82.
S t o c k .—Capital stock o f C. H. & D. R ailw ay is com m on $8,000,000 ;
preferred 5 p. c. non-cum ulative, $8,000,000. Old railroad common
received looioo shares o f the new preferred and 2 shares o f new com ­
m on fo r each old share. Old p referred (4 p. e. cum ulative) had option
o f rem aining unchanged or or exchan ge fo r new preferred, share for
share. The new p referred is entitled to 5 p. c., then com m on to 5 p. c.;
then both share equally.
D iv id e n d s —
’83. ’ 8 4 . ’ 85. ’ 8 6 . ’ 8 7 . ’ 8 8 . ’ 8 9 . ’ 9 0 t o July, ’ 9 5
C o m m o n , P. c t . . 9
6
6
7
6
nil
5 yearly
Preferred, p. e . . 6
6
6
and since 4 per cent yearly.
On second (new) preferred o f consol, com pany 1H per cent was paid
in Nov., 1895; in 1896, 5 p. c.; in 1897, Feb., l-^ p. c.; M ay, 1*4 p. c.
B o n d s .— The general m ortgage is for $7,800,000, o f w hich $4,800,000
reserved to retire the p rior liens at maturity; the prior bonds must not
be extended; trustee, M ercantile Trust Company o f N. Y . The m o r t g a g e
covers the perpetual lease o f the D ayton A M ichigan, the profits un­
der which are large. V. 54. 799; V. 55, p. 373. On June 30,1895, cur­
rent liabilities o f C. H. & D. w ere $1,711,773.
G u a r a n t i e s .—The C. H. & D. guarantees certain securities o f the
Cincinnati Hamilton A Ind. and D ayton & M ichigan—which see.
In May, 1895, C. H. & D. interests in Alabama Great Southern were
sold to Southern Ry. Control o f Ciu. N. O. & T. P. stock is held by
C. H. & D. aud Southern R ailw ay join tly . V. 62, p. 1139; V. 63, p. 228.
Statement to Inter-State Comm erce Comm ission fo r year ending June
30 on 641 m iles.
A n n u a l R e p o r t . —Fiscal year ends June 30.
Yr. to June 30. Gross.
Net.
In t.,e tc . Dividends. *Bat., sur.
1896-97 ......... $5,147,^562 $1,607,717 $846,907 $482,800 $278,010
1895-96 ......... 5,039,136
1,627,986
847,200
449,900
330,886
1894-95 ......... 5,094,812
1,724,404
849,153 445,623
429,628
* Note .—Includes $180,788 D. A M. dividends paid in each vear.
— (V. 62, p. 1 S 2, 232, 1038,1139; V. 63, p. 153, 228, 504; V. 64, p. 82.>
Cincinnati Hamilton < Indianapolis Ry.—
fc
(See Map 0. H.
< D.)—Owns Ham ilton, Ohio, w est to Indianapolis, Ind., 99 miles.
&
St o c k . —Common stock ($2,500,000) is all ow ned b y the Cincinnati
Ham ilton A Dayton, w hich operates the road, V. 57, p. 144. Pre­
ferred non-cum ulative 7 per cent stock, $ 2 8 L,679.
B onds .—The general m ortgage, o f w hich Continental Trust Co. o/N ew
Stock .—Common stock, $3,750,000; par, $50; all held bv votin g trust \ork and the U nion Trust Co. o f Cincinnati are trustees, is fo r $ 3 ,8 0 0 ,000, o f which sufficient reserved to retire first m ort. bonds at maturity.
E a r n i n g s .— In year ending June 3 0 , 1 8 9 6 , g r o s s , $ 6 9 8 ,3 5 0 ; net
$ 1 1 5 ,4 0 4 ; other incom e, $ 7 2 5 ; interest, taxes, e tc., $ 1 6 5 ,8 8 4 ; balance
See a.lv) Ch r o ^CLB.
deficit, for year, $ 4 9 ,7 5 5 . Iu 1 8 9 4 - 9 5 , gross, $ 6 5 8 ,0 3 7 ; net, $ 8 3 ,0 0 7 .
reserved to retire prior lien bonds and In July, 1896, $ 1 5 0 0 000 (In
Cincinnati Jackson & ITIackinaw Ry.—
Owns from Carlisle
eluding $1,200,000 surrendered under plan o f Marob isOO) w ere lield
for future additions, etc. On Oct. 31, 1896, car trusts for $125 000 O., to Addison, Mich., 188 m iles; Allegan to Dundee, Mich., 133 miles;
were outstanding which are to bo retired April 1 1 8 9 7 , when th i last branches, 3 in.; trackage to Toledo, etc., 2 5 m.; total operated, 349
miles. Has traffic arrangem ent over B. A 0 ..in t o Chicago, and into
instalm ent on preferred stock is due; no loans and bills payable
Cincinnati over C. C. C. A St. L., Cin. Lebanon A Northern and MiddleE a r n in g s .— Including mining operations—
tow n A Cincinnati Ry. V. 62, p. 1137. (Cincinnati A Jackson Ry.)
1 months,
(1 8 9 8 9 7 ..................Gross, $103,451; net, $150,91
Jackson to Addison, 20 m iles, is operated jo in tly .
Nov. I to Feb! 28. j 1895-96..................Gross, 447,540;
ib.
net,
H i s t o r y .—In 1894 Messrs. C. S. B rice and others acquired control oC
Charges for the 8 months 189£b<J7 were $76,000.
stock. Interest on new firsts due Dee. 1 , 1 8 9 4 , was not paid aud F .

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42

INVESTORS’

SUPPLEMENT.

[VOL. L X IV ,

Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.

Bonds—P rinci­
INTEREST OR DIVIDENDS.
________ _________ RAILROADS._______________ __ I Miles Date Size, or
pal,^When Due.
Am ount
Rate per When Where Payable, and by Stocks—Last
Par
of
For explanation o f column headings, Ac., see notes; of
Outstanding
Cent. Payable
Whom.
Dividend.
Bonds Value.
Road.
on first page o f tables.
®I 6 300.000
Ohm. Jackson it Mack.—Capital s t o c k ....................
4,234,000
4 g. J. A D. D ec.,’ 94, coup, n ot paid June 1, 1991
331 1892 $1,000
1st m ortgage for $4,800,000, gold...................... .0
902,000
Cincinnati L e b a n o n (6 N o r t h e r n —Stock $1,000,000
J. A J. Cinn., Cen.Tr.&S.D.Co. Jan., 1916
i.o ’o o
200,000
5
' 38 1886
1st m ortgage.............................................................. o
do
do
July, 1914
168,640
2 (0 5 J. A J.
38 1894 100, Ac.
Special m ortgage (to redeem certificates)............
J. < J. Ju ly ,'88,pd. Nov. 10,’96 Jan. 1, 1901
&
1,000
1,500,000
7
Cincinnati if Muskingum Valley—1st m ortgage. . . 0 148 1870
3,000.000
Oct. 19,189 1
100
Cincinnati New Orleans it Texas Pacific—Stock....... 336
600^000
1896
R eceiver's certificates...............................................
1,566,000
. . . .
C in c in n a t i P o r t s m o u th <t V i r g i n i a — C o m m o n stock
Cincinnati, Ohio.
594,000 5 in ’96 J. A J.
J a n .1 ,’ 9 7 ,2 %
107
Preferred stock (see t e x t).........................................
5 g. J. A D. Investm ’ t Tr.Co.,Pliila. June 1, 1925
1,006
(!)
1st mortgage, $500,000, gold, red. at 105— cAr* 108 1895
1,000
1,800,000
86 1871
7 g. J. & D. N. Y., W inslow, L. A Co. June 1, 1921
Cin. R ic h m o n d a Ft. IT.- 1st m ort., gold, lnt. gu.o"
1,710,000
1,000
5 g. J. A J. New York and London. Jan. 1, 1920
53 1890
Cin. S a g in a w it M a c k .— 1st M., $2,000,000, g old..o'
1,000
650,000
5 g. J. A J. N. Y ., Guaranty Tr. Co. Jan. 1, 1943
26 1893
C l e a r r i e l d t M a h o n in g — 1st M.g.,gu.p. A ttend. ).o*Ar
100
4,000,000
Oct. 3, 1892
C le v e la n d A k r o n t C o lu m b u s . —S tock........................
1,800,000
5 g. M. & 8. Hamilton Tr., Bk’lyn. Meli. 1, 1927
General m o rt (now 1st,) for $1,800,000 gold — o 177 1887 500, &o.
1,000
730,000
6 g. F. & A. do & SOB’ w ay.N . Y. Aug. 1, 1930
Euuip. Trust A 2d mortgage, gold, (See te x t)— o ' 177 1890
5 stk J. & D. Boston, Co.’ s Office.
902,000
Jan. 1, 1941
613 1891
C le v e la n d B elt it T er m in a l —1st M. $1,000,000.......
100
Oleve. C a n to n d S o u th .— Pref. 6 p .o . stock (See text).
124,000
Receivers’ certificates...............................................
2 ,000,000
J. A J. Ju ly, 1895, n ot paid.
July 1, 1917
1,000
5
Cleveland A Canton 1st m ortgage, assumed— o 161 1887
1,000
1,121,000
5 g. A. A O. A pr.,’93,coup.last paid. Ju ly 1, 1917
Equip. Tr. A Im prove. 2d M. ($2,000,000) gold 0 ’ 161 1891
J. A J. July, ’93, coup, last pd. July, 1917
1,000
600,000
5
30 1887
Coshocton A Southern 1st mort., gold, assum ed..
A. & 0.
26,000
A pr. 1, 1894
1889
Coupon notes............................................................
1 ,0 6 6
A. A O.
z 200,000
5
A pr. l i 1929
1889
Cleveland Chagrin Falls A Mo., 1st m ortgage—
1,000
150,000
M. A N.
1890
6
M ay 1, 1896
Debentures, lien on rolling stock........................
1,000
200,000
6 1888
5 g. J. & D. June,’ 93, coup, last pd. June 1, 1928
Waynesburgh A Canton IstM ., gold, assum ed...o
1,000
z 200,000
J. A J.
Jan. 1, 1941
1890
5
General 1st mortgage on Zanesville real esta te..
1,000
5 g. M. A N.
1892
76,000
M ay 1, 1942
................
CL Can. A So., consol. M.. $26,000 p. m., gold..e*
M. & N.
6
559,183
Equipment trusts June 3 0 ,1 8 9 5 .............................
105,700
Real estate m ortgages as on June 3 0 ,1 8 9 5 ........
Boston.
110,000
M. A 8.
5
Mch. 1, 1912
Massillon RR. (leased) 1st m ortgage......................
---- 1882
X Pledged as collateral._________________
B. Drake was appointed receiver. Road sold on Jan. 5. 1897, for
$ 1,000,000 to the Reorganization Committee. The Cincinnati N orth­
ern RR. has been form ed to build the Cincinnati terminals and will
absorb the C. M. & J. line from Franklin, O., to Jackson, Mich., 205
m iles. V . 64, p. 707.
R eorganization Com m ittee .—F. P. Olcott, Calvin 8. B rice and G.
R. Sheldon; J. N. Wallace, Secretary, 54 Wall St., N. Y. Plan o f D ec. 10,
1895 (V. 61, p. 1106) as m odified in Decem ber, 1896 (V. 64, p. 41),
provides, after foreclosure, for new comm on stock, $5,000,000; pre­
ferred 5 p. o. non cum. stock, $5,000,000, subject to call at par; 1st
mortgage 5 p. o. 50-year gold bonds (at $10,000 per mile) $3,240,000
on present line for im provements, betterm ents and rolling stock and
additional bonds for extensions at $10,000 per mile. Old 1st 4s,
$ 1,000. paying assessment o f 2 per cent will receive $ 1,000 o f the new
preferred stock; old com m on paying assessment o f 25 cents per $100
share receives $20 in new common.
In 1895 carried 612,684 tons, o f w hich 44 p er cent was coal.
E arnings .— 2 m onths, (1 8 9 7 .............gross, $104,300; net, $5,148
Jan. 1 to Feb. 28.
(1 8 9 6 .............gross, 111,2 0 2 ; net, 11,116
A nnual R eport .—In 1896, gross, $7 07,0 87; net, $101,483. R eport
for 1895 in V. 62, p. 1137, showed :
12 months—
Cross.
Net.
Rent.<f taxes. Bal., surp.
1895.......................$637,392
$90,100
$48,711
$41,389
1894....................... 637,008
112,209
45,571
66,638
— (V. 63, p. 8 3 8,10 62; V. 64, p. 41, 82, 706.)
Cincinnati Lebanon A Northern B y - Cincinnati, O., to
Dodds, O., 36 m iles; branches, 2 miles; total, 38 miles. Purchased in
M ay, 1896, by the Pennsylvania Company. The “ special m ortgage”
bears interest until July 1 ,1 8 9 9 , at 2 p. c., and thereafter at 5 p . c.
—(V. 62, p. 502, 548. 988.)
Cincinnati A Muskingum Valley Ry . —( See map o f Pittsburg
Cincinnati Chicago it St. L ou is.)—Owns M orrow. Ohio, to Trinway, O,,
148 miles. Reorganized as n ow January, 1870. Leased In 1873 to Pitts.
Oin. A St. L. tor 99 years—see V. 62, p. 906, Amount due Pitts. Cin.
Chicago A St. Louis Dec. 31, 1895, $1,081,013, and on unpaid cou­
pons, including Jan., 1896, $893,200. Profit and loss deficit Jan. 1,
1896, $1,864,308. Cajfital stock, $3,997,320—par, $50—o f whioh Penn.
Co. Dec. 31, 1895, owned $2,430,900. Pennsylvania Railroad owns
$754,000 o f the bonds. (V. 55 p. 1078. First m ort, coupon due July 1,
1887, was paid on A pril 1,1895, at Winslow, Lanier A Co., New Y o r k ;
January 1,1 888 , coupon paid A pril 1, 1896; July, ’ 88, coupon paid
Nov. 10, 1896.
E arnings .—Fiscal year ends Deoem ber 31.
Yr.end. D ec.31. Cross.
Set.
Interest.itc.
Balance.
1896....................$410,635
$68,254
$108,238
def.$39,984
1895.................... 478,852
34,851
110,729
def. 75,878
1894................... 438,369
77,456
112,206
def. 31.750
—(V. 60, p. 522, 7 4 7 ; V. 61, p. 151; V. 62, p. 548, 9 0 6 ; V. 63, p. 879.)
Cincinnati New Orleans A Texas Pacific Ry.— o ad .—Ope­
R
rates (Jinoinnatl Southern R y., Cincinnati to Chattanooga, Tenn., 336 m.
H is t o r y , E tc .—Organized in 1881 under laws o f Ohio to lease the
Cincinnati Southern Railroad, owned by- the City o f Cincinnati. In
Ootober, 1895, a m ajority o f the capital stock (including $500,100
purchased by 8o. Ry. Co. and $1,000,000 belonging to Ala. Great
Southern Ry. Co.), was held under agreement fo r jo in t benefit o f the
Southern Ry. Co. and the Clncin. Ham ilton A D ayton. See V. 61, p. 26.
In Juno, 1896, the Southern Ry. aud Cincinnati Hamilton A D ayton
offered to ourohase the Cincinnati Southern from the City o f Cincin­
nati, but their offer was rejected; see V. 63, p 228,361.
Rental due City o f Cincinnati $1,012,000 till Oot. 12, 1896;
$1,102,000 till Oct. 12 ,190 1, and $1,262,000 till 1906. Betterments of
about$150,0 0 0 r e v e itto le sso r annually. See V. 62, p. 232.
R ec e iv e r sh ip .—S. M. Felton was on Maroli 19. 1893, appointed re­
ceiver. Car trusts, June 30 ,189 6, $321,742; bills payable, $120,177.
L atest E arnings .—8 m os., 5 1896-7.gross, $2,246,065; net, $683,615
July 1 to Fob. 28.
( 1895-6.gross, 2,578,639; net, 763,062
A nnual R eport .—R eport fo r 1895-6 was in V. 63, p. 649.
Fear end. June 30. 1896.
1895.
1894.
1893
Gross earn in g s....... $3,685,865
$3,487,942 $3,576,979 $-1,174,970
Net earnings............ $1,039,992
.
$976,767
$912,013
$998,715
Rental paid.............. $1,061,110 $1,044,878
$1,084,306 $1,116,285
M iscellaneous...............................2,056 2,489
............
135,000
Balance..............def. $23,174 df. $70,600 def.$172.293 df.S152.570
- ( V . 63, p. //* , 153, 228,36c, 6 4 9 , 684.)
Cincinnati Northern RR.—
See Cincinnati Jackson A Maokinaw.
Cincinnati Portsmouth A Virginia RR.— Owns from Idlewild, O., to Sclotovllle, 108 m iles; trackage (Cin. Lebanon A Nor
to Cincinnati, 4 m ile s; total, 112 miles. Ohio A Northwestern was sold
In foreclosure March 13 ,189 0, aud reorganized. Preferred stock is en­
titled to 5 per cent dividends, then com m on to 5, then both pro rata
Preferred in Jan., 1896. paid 3 p. 0.; July, 1896, 2 p. 0.; in 1897Jan., 2 p. 0.
B onds —In June, 1895, Issued a m ortgage fo r $500,000 o f 5 per
oent bonds fo r Im provements and equipment. Bonds are subject to
call at 105 on ninety days notioe in the order o f their numbers. Trus­
tee, Investm ent Trust Co. o f Philadelphia.

E a r n in g s .— 6 m os.,

( 1896..................Gross, $ 1 41,5 40; net, $21,804
(1 8 9 5 ..................Gross, 158,322; net, 30,284
E a r n in g s .— F is c a l year ends June 30. R ep ort fo r 1895-96 was in
V. 63, p. 791, show ing g ro ss , $2 89,1 64; net, $ 4 3 ,8 8 1 ; tax es, $6,300;
interest, $ 1 ,646 ; dividends, $1 1,88 0; balance, surplus, $24,055. In
1894-95 g r o s s , $256,693 ; net, $45,600.—(Y. 63, p. 7 9 1 .)
Cincinnati Richmond A Fort Wayne R R .—Owns from Rich
inond, Ind., to Adams, Ind., 86 m ile s; leases 5 m iles o f P. F. W. A C.
N ow operated (January, 1897), b y Grand R a p id s A Indiana R y. fo r
net earnings as rentals. Interest is guaranteed by the Pennsyl­
vania Co. and Pittsburg Cin. Chioago A St. L. C o. join tly. Stock, $1,709,313—par, $50, o f which Penn. Co. Dec. 31, 1895, ow ned $1,256,.
900. Due guarantors Deo. 3 1 ,1 8 9 5 , $1,245,233.
Yearend. Dec. 31. Cross.
Net
Interest.itc.
Balance.
1896....................... $394,411
$94,883
$126,300
d ef.$31,417
1895...................... 447,605
103,449
126,560
def. 23,111
1894....................... 414,782
133,472
157,046
def. 23,574
Clearfield A MalinnlngRy.— See M ap B iif. Roch. it Pi its.)—Owns
f
road, com pleted in 1893, from D u BoiB June, Penn., on Buff. R. A P.,
to Clearfield on Beech Creek R R ., 26 miles. Leased during corporate,
existence and renew als thereof to Buffalo R ochester A P ittsburg—
wbieh see—at a rental payable in gold and equal to 6 per cent on
$650,000 stock, p ar $50, and 5 per cen t on bonds, the latter being guar,
p. A i., b y indorsem ent on each. On June 30. 1896, $100,045 was due
Buff. R. & P. fo r advancem ents fo r im provem ents - s e e V. 61, p. 710.
Cleveland Akron A Columbus Railway.—Owns from Hud
son, O., to Columbus, O., 144 m iles; Dresden branch, K ilbuck to Trin­
way, 33 m iles; coal spurs, 14 m ile s ; total ow ned, 191 m ile s ; trackage
Hudson to Cleveland, 26 m iles, and Trinw ay to Zanesville, 16 m iles;
total operated, 233 miles.
H is t o r y .—Reorganized underthis title in January, 1886. In Septem­
ber, 1895, Calvin 8. B rice purchased con trol and was elected president.
D iv id e n ds .—In 1886 and 1887, eaob 1*2 per cent; fo r 1 8 8 8 ,1 p. 0
for 1890 1 p. c.; in 1 8 9 1 1 p. 0. in N ov.; in 1 8 9 2 ,1>4 ; none since.
B onds .—The equipm ent bonds are redeem able at 100 and interest on
August 1 ,1 9 0 0 , and at 105 and Interest on any August 1 thereafter
prior to 193o. Bonds in excess o f $730,000 have been canceled and
cannot now be issued. E quipm ent trusts outstanding Deoember 1,
1896, $324,438 payable m onthly; bills payable June 30, ’96, $233,241.
R eadjustm ent .—The report fo r 1895-96 s a y s : “ The general results
o f the year’s business are discouraging, and dem onstrate the necessity
fo r a radical readjustm ent o f the finances o f your com p an y and for in­
creased facilities for p rocurin g and handling tratflo.”
A nnual R e po r t .—Fiscal year ends June 30. R ep ort fo r 1895-96
was in V. 63, p. 1112, show ing gross, $874,920; net, $243,958; interest
and rental, $181,393; balance, $62,565; charges against this balance
am ounted to $123,760 (see report), leaving a deficit o f $61,195.
E quipm ent paym ents (additional to charges above) am ounted to $95,779 during the year. In 1894-95 gross, $8 57,9 30; net, $283,300. In
1893-94, gross, $896,090; net, $ 219,906.— (Y. 63, p. 1 1 1 2 .)
Cleveland Relt A Terminal R R .—Owns
m iles terminal
road, or 13 m iles including side tracks, at Cleveland, Ohio. Stock,
comm on, $3,001 ,000 ; preferred, $1 78 ,0 0 0 ; par $100. Mortgage
trustee, International Trust Co., Boston.
Interest on the firsts
is payable in preferred stock. Loans and bills payable June 30,
1896, $21,700. For year ending June 30, 1896, gross, $2 8,65 9; net,
$ 9 ,005 ; int. and taxes, $ 2 ,8 7 2 ; balance, surplus, $6,133. In 1894-95,
ross, $2 7,91 2; net, $12,409; int. and taxes, $ 2 ,721 : dividends,
5,2 08; balance, surplus fo r year, $4,480.
Cleveland Canton A Southern R R .—
Owns Cleveland to Zanes­
ville, O., 145 m ile s; Canton to Sberrodsville, 43 miles; other branches,
16 m.; leases M assillon R R ., 6 m.; total. 210 m iles. (V. 54, p. 844).
R ec e iv e r sh ip .—J. W. W ardwell is receiver.
Committees .—Cleveland it Canton first mortgage com m ittee: Charles
A. P eabody, Jr., H. L. Thornell a n dH . K. Pom roy; depositary,Mercantile Trust Co. Y. 59, p. 697. This com m ittee's Trust Co. receipts for
$2,000,000 firsts have been listed on N. Y. Stock E xchange.
Cleveland it Canton equip, trust and im provem ent bondholders' com ­
mittee.—Morgan Rotoh, H. B. H ollins, H. F. D im ock, C. T. B .in e y ,
George P. Messervy, George N. Smalley, Charles H. F renoh; deposita­
ries International Trust Co., Boston, and U. S. M ortgage Co., N. Y. V.
59, p. 920, 1006. Consolidated Mortgage—R obert M aclay, Louis C.
Ledyard and William Rotoh. Coshocton tt Southern— B. W. Smith, C
.
W. Plummer and O. P rescott; depositary is International Trust Co.,
B o sto n ; m ore than two-thirds have been deposited.
F oreclosu re .—International Trust Co., B oston, trustee o f Cleve­
land A Canton first m ortgage,filed its foreclosu re suit in March, 1896:
a decree is expected in the summer o f 1897. V. 64, p. 516. Suit for
foreclosure o f Coshocton A Southern m ortgage was instituted in De­
cem ber, 1895. Knickerbocker Trust Co., trustee o f consol, mortgage
o f 1892, filed notice o f foreclosure p roceedings on Nov. 16 ,189 4,
R eo rg an ization .—In A p ril, 1897, no agreem ent betw een various
interests bad been reached.
Coupon P aym ents .—Coupons due Ju iv 1, 1894, on Ciev. A Canton
drsls w ere paid Deo. 31 ,189 4; Jan., ’ 95. paid June 2 9 .1 8 9 5 ; July, 1895,
and subsequent, coupons were n ot paid. V. 62, p. 40.
July 1 to D ee 31.

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INVESTORS’ SUPPLEMENT.

44

[VOL. L .XIV.

KubM'rlberM will confer a great favor by giving Immediate notice of any error discovered in tliese Tables.

bonus—f ru; INTEREST OR DIVIDENDS.
R A ILR O A D 8.
pal,When Due,
Miles Date Size, or
Am ount
Par
of
R ate per When Where Payable, and by Stocks—Last
of
For explanation o f column headings, Ac., see notes
Whom.
Dividend.
Road. Bonds Value. Outstanding Cent. Payable
on flrst page o f tables.
C levela n d C in cin n a ti C hicago
St. L o u is —
Common stock ($28,700,000 authorized)
Preferred stock, 5 per cent, non-oumulative.........
C. I. 8t. L. A C. con. M..drawn at 105, s.f. 1 p. c .o “ 175
Gen. 1st M- $10,000,000 gold, s.f. not dr’n ..«A r
119
Bel. A Ind. 1st m ortgage (part due y early)............
Clev. Col. Cin. A Ind. 1st M., sinking fu n d ............
391
Con. mort. (see text) drawn at 10(3 if unst’mp’d 391
Gen. consol, mort, ($12,000,000) gold.......c* & r 391
72
Indian A 8 t. L. 1st mort., in 3 ser. o f $007,000.c.
2d M. ($2,000,000), gold, Indlanap. to Terre H o.
72
Cl.Cin.Cli.ASt.L., White Water branch, 1st, gold.c"
62
45
Columbus Springlicld A Cincinnati 1st M o rt...
Spring. A Col. Dfv. (Col. 8p. A Cin.), 1st M., g.o*
45
CuiroD ivision 1st M ort., $5,000,000, g o ld ...c* 267
8t. Louis Division, collateral trust, gold .........cAr
194
Cin. Wab. A Mich. Div. 1st mortgage, gold .........o* 203
Gen. mort. 100 year bouds for $50,(300,000 g.C'&r 1,808
O b l ig a t io n s

for

P r o p r i e t a r y L in e s .

$100 $27,987,335
100
10,000,000 5 per an.
1,000
1880
717,000
6
1886 1.OOOAo
7,685,000
4 g.
1,000
1864
52,000
7
1869
1,000
3,000,000
7
1,000
4,158,000 7 or 6 g.
1874
1,000
1884
3,205,000
6 g1,000
2 ,000,000
1869
7
1,000
1882
500,000
6 g.
1890
1,000
650.000
4 g.
1871
78,000
1,000
7
1890 500 Ac.
1,103,730
4 g.
1,000
5,000.000
1890
4 g1890 1,000Ac 1 0 ,000,000
4 g.
1,000
1891
4,000,000
4 g.
1,000
6,000,000
1893
4 g.

F. A A. N.Y..J. P. MorganACo. Aug. ,’ 93. 1Lj%.
do
do
Q .-J .
Apr. I ’ y7 .11
4%
M. A N.
do
do
May 1, 1920
do
Aug. 1, 1936
do
Q .-F .
do
do
to Jan. 1, ’ 99
J. A J.
M. A N.
do
do
May 1, 1899
do
J. A 13.
do
June 1, 1914
do
do
Jan. 1, 1934
J. A J.
July 1, 1919
Various
do
do
M. A N.
do
do
Nov. 1, 1912
do
do
July 1, 1940
J. A J.
do
do
Sept. 1, 1901
M. A 8 .
do
do
M. A 8.
Sept. 1, 1940
J. A J.
do
do
Jan. 1, 1939
do
do
Nov. 1, 1990
M. A N.
do
do
July 1, 1991
J. A J.
do
June 1, 1993
J. A D.
do

Cincinnati Lafayette A Chicago,1st mort., gold .c
Cincinnati 8andiiBkv A Cleveland—Pref. s to ck ...
Consol, (now 1st) M. ($3,000,000) gold............. c
Cincinnati A Spring.—1st m .f p.A i.gu. See text.c
2d mortgage. Big Four o w n s$520,000 m o re ..c
Louisv. A Jeffersonv. Bridge 1st M.—See tlmt Co.

56

1871

170
48
48

1888
1871
1872

1,000
50
1,000
1,000
1,000

792,000
7 g. M. A
428,850 6 per an. M. A
2,571,000
5 g. J. A
2 ,000,000
7
A. A
125,000
7
J. A

Cleveland Tuscarawas Valley A Wkeel’g. 1st M ...
Clev. Lor. A W. Ry., cons. 1 stM ., $5,000,000, g.c*
General m ortgage, $1,000,000, gold ......................

158
192
192

1878
1893
1896

100
1,000
1,000
1,000

Olev. *£ Mah. Val.—Oon.M.(now lst)$3,000,000,g.c& r
Clev. d Mar.—1st M., s. f., not drw., gold, g u a r...c*
k

125
97

1888 l,0 0 0 A c
1895
1,000

5,000,000
700^000
4,300,000
400,000
335,000
2,935,000
1,250,000

St o c k , Etc .—On June 30, 1805, capital stock outstanding was
$12,790,450, o f which $4,151,209 was common and $8,648,250 pre­
fe r r e d ; funded debt, $5,132,183; including equipment trust obliga­
tions, $559,183, but not including real estate mortgage, $105,7o0;
floating debt, $1,855,778. The outstanding bonds are given above, as
reported to the Ohio State HR. Commission June 3o, 1895, though in
1893 the loans marked z were out merely as collateral, as were alsc
$900,000 (the balance o f the authorized issue o f $2,000,000) o f Cleve­
land A Canton equipment and im provem ent bonds and $ 584,000 C. C.
A So. 1st consols., for a loan o f $900,000.
E arnings .—8 months, > 1896-7.........Gross, $164,548; net, $82,388
July 1 to Feb. 28.
51895-6.........Gross, 468,601; net, 10S,175
A n n u a l R eport .—F iscal year ends June 30. F or 1895-96, gross
was $7 06,8 14; net, $1 38,4 96; interest and rentals, $2 46,814; new
sidings, etc., $12,575; balance, deficit, $120,893. In 1894-95, gross,
$673,822 ; net, $99,151.—(V. 63, p. 75, 1 1 5 6 ; V. 64, p. 516.)
Cleveland Cincinnati CUicago 6c St. Louis Ky
?,—( See M ap.)—
Operates an extensive system o f roads radiating ir m Indianapolis,
Iud., westerly to Chicago, Peoria, Cairo, 111., St. Louis, aud east­
erly to Sandusky, Cleveland, Columbus and Cincinnati, Ohio, and
southerly to Louisville, with branches. As shown on map the system
com prises: ^ See this com pany.
Owned directly —
Miles.
Leased and controlled.
Miles.
Cleveland, 0 .,t o Coldmbus, 0 ..1 3 8 Cincin. Sandusky A Cleve. Ry.—
Gallon, O., to Indianapolis....... 203
Saud’sky, O., to Dayt’n, O.etc.170
Delaware to Springfield............ 50 Cincinnati A Springfield Ry.—
Cincinnati to Lafayette.............. 175
Lud.G’v e(6m.fr.Cin.)to D ay’ll 48
Indianapolis to Terre H aute___72 Colum. Hope AGreensb’g RR.— 26
Harrison B ranch........................ 7
Trackage into Cincinnati, Ao. 32
Leased—entire stock oioned—
Cincin. Lafayette & Chic. Ry.— 57
Total included in earns... 1,838
Cairo Vincennes & Chic. Ry.—
Trackage i n to J efferson v ille..
53
Cairo, 111., to Tilton A branch.267 Operated; earnings kept separate8t. Lou. Div. T. H . to E. St. L. 193 Peoria A East’n Ry. (If) 3 5 2
Columbus Springfield & Cin.—
Kankakee A Seneca R R .—
42
Columbus, O., to Springfield.. 45 Mt. GileadShort Line.................
2
White Water—Harrison, Hid., to
Dayton A Un. RR. (If) ................ 47
Hagerstown, Ind...................... 62 Trackage HI. Cent, into Chicago. 56
Cin. Wabash A Michigan R y.—
Benton Harb. to Rushv. A Br.249
Grand total, June, 1896___ 2,390
Other lines (a) ............................. 44 Double t r a c k ...........................
55

a No debt, or bouds all owned by Clev. Cin. Cliio. A St. L
The com pany is also one-fourth ow ner o f the Peoria A Pekin Union
Ry., one-seventh owner in the Terminal Railroad Association o f St.
Louis and tw o fifths owner o f the Indianapolis Union Railw ay and
partial owner o f D ayton A Union.
H is t o r y , E t c .—A consolidation o f the Cincinnati Indianapolis St
Louis A Chicago Railway Company, the Cleveland Columbus Cincin­
nati A Indianapolis Railway Company and the Indianapolis A St. Louip
Railway Company, made in July, 1889. It is one o f the so-called
Vanderbilt roads. The St. Louis Alton A Terre Haute main line aud
branch were purchased in 1890 for $10,000,000 o f 4 per cent bonds
In 1889 acquired the entire stock o f the Cairo Vincennes A Chicago
and in 1890 leased the Peoria A Eastern (which see). In 1890 also
practically absorbed the Columbus Springfield A Cincinnati and the
Cincinnati Sandusky A Cleveland. Entire comm on stock o f the latter
is owned, and under a lease running till 1969 interest is paid on bonds
and dividends on preferred stock. V. 51, p. 457, 608.
C a p i t a l S t o c k . A ccording to Ohio statutes com pany lias privilege
o f retiring preferred stock at par after June 27, 1892. On Jan. 1 1890
the comm on stock was $20,500,000, and it has been increased to pres­
ent figure to acquire stocks o f lines absorbed, etc.
D iv id e n d s —
1890.
’91.
’92.
’93.
’94.
’ 95.
’ 96.
’S
C om m on.............>4j». 0.
3
3
3 none none noue
Preferred............3 From 1890 to A pl., 1897, inol., 5% (IJ4 quar.).
B o n d s . T i e sinking fund provision o f the Cleveland Oolumbus C
cinnati d Indianapolis consol, bonds o f 1874 may be canceled at opti
o f holders, and the bonds so stamped. The principal o f these bonds
payable in gold, but the interest is payable at option o f holder either
law ful money at 7 per cent per annum or in British sterling at 6 p. c
Of the Indianapolis < St. L ouis first m ortgage bonds series “ A ” i
£
J. & J.; series “ B,” M. A 8.; series “ C,” M. ANT
The $10,000,000 St. L ouis D ivision bonds o f 1890 issued to the
Louis Alton A Terre Haute in paym ent for its line from Terre Hau
St. Louis, 111., and branch, 193 miles, and now formi
tlie St. L. D lv. o f the C. C. C. A St. L. are n o i t a Hrst collateral Hen
that lin e; $310,000 bonds are held in the sinking fund. The bonds :
not subject to call. They are direct bonds o f the Clev. Cin. Ch. & St
'V deposit In trust o f a purchase m oney m ortgage i
$10,000,000 executed by the Cairo Vincennes & Chicago, which pi
obased the St Louis Div. in 1890. For deed o f trust see V. 52, p .4 2 A s to the Cincinnati Wabasn ch Mich. 4 per cents, see V. 52 p 718
o i 1893 Is limited to $50,000,000, o f whi
$29,252,000 reserved to retire at m aturity the bonds now o
standing on the various lines (exclusive o f those on the Cairo divlsic
the Peoria division, the Michigan division and the St. Louis divisi
w est o f Terre Haute). Of the balance $5,000,000 were authorized
he sold at once fo r double-track, equipment, etc., aud the remain!

7
5 g.
5 g5
5 g.
4^2 g.

do
do
8.
N. New Y ork and London.
J. N.Y., J. P. MorganACo.
do
do
O.
do
do
J.

A. A 0.
A. A O.
J. A D.

N. Y .. B lair 36
do
do
do

Sept. 1. 1901
M ay 1, ’ 97, 3%.
Jan. 1, 1928
Apr. 1, 1901
Jan. 1, 1902

Wall St. Oct., ’9 6 ,1 %
do
Oct. 1, 18y8
do
Oct. 1, 1933
do
June 1, 1936-

See text N .Y.,W indow,Lan. ACo. Jan. 1, 1938
M. A N. N. Y . Farm. L. A T. Co. M ay 1, 1935-

$15,743,000 can n ow belssued (since Ju ly 1,1894,) fo r new con stru ction ,
etc., at the rate o f $1,000,000 a y ear; $1,000,000 w ere so Issued in
1805-6. See V. 56, p. 578, 792. Union Trust Co. o f Indian apolis la
trustee, v ice T heodore P. Haughey.
The Cincinnati Sandusky J: Cleveland consols o f 1888 are now a first
lien ; of the $3,000,000 authorized, $428,850 can only be issued on re­
tirement o f like amounts o f the preferred stock.
The Cincinnati < Springfield .firsts are guaranteed, one-half o f them
tby C. C. C. A Ind. (now consolidated w ith Cl. Cin. Ch. * St. L.) and onehalf bv the Lake Shore * Mich. So.
G e n e r a l F in a n c e s . —On Ju ly 1 ,1 8 9 6 , bills p ayable w ere $ 7 9 1 ,4 2 5 ;
there w ere $738,302 equipm ent notes, payable in y early Instalm ents,
$362,321 beootningdue in L896-97 ; also $680,000 “ A m . E xpress Co.
advances. The com pany held over $2,000,000 ot its general m tec. in>
the treasury. Guarantees interest on L o u is v ille * Jeffersonville brid ge
bonds jointly with the Ches. A O. See “ M iscellaneous C os.” Ind. Cin& L afayette 7s fo r $379,000, due Feb. 1 ,1 8 9 7 , w ere paid and re tire d .
Traffic.—In calendar year 1895 carried 8,848,275 tons, o f which
bitum inous coal furnished 20 p. c., grain 12 p. c. and lum ber 11 p. c.
L ate st E arnings .—From July 1 to Feb. 28 (8 m onths.)—
8 mos.—
dross.
Net.
Ini., the.
S a l., s n r
1896 7 .............................$8,731,604 $2,198,280 $1,904,769 $293,511
1895-6............................. 9,455,503
2,434,777
1,890,420
544,35 7
A nnual R epo rt .—Annual m eeting last W ednesday in O ctob erR eport for 1895-96, with balance sheet, &c., In V. 63, p. 552, 561. S ee
also editorial, p. 535.
Year end’g June 3 0 — 1896.
1895.
1894.
1893.
Passenger earnings.. $4,035,326 $3,785,410 $4,104,769 $4,307,371
Freight........................ 8,576,700
8,783,929
7,866,967
9,338,787
Mail and ex press
847,982
815,317
803,078
769,993
Total earnin gs...$13,460,008 $13,384,656 $12,774,814 $14,416,151
Oper’g exp. * taxes. 10,293.703 10,254,068
9,750,503 10,964,787
P. c. op. ex. to earns.
76-47
76-61
74-80
74-74
Net e a r n in g s.... $3,166,305
Rentals, Interest, Ao.
252,319
Totalnet|lncome.
Interest on bonds . . .
R entals,etc...............
Dividends...................

$3,130,588
263,744

$3,418,624 $3,394,332
$2,639,863 $2,642,159
204,647
202,547
500,000
500,000

$3,024,311
259,235

$3,451,364
252,904

$3,283,546 $3,704,268
$2,554,235 $2,445,135
221,341
281,136
500,000 1,340,000

B alance.............. sur. $74,114 sur.$19,626 sur. $7,970 d f.$362,003
- ( V . 63, p. 189, 310, 458, 5 3 5 , 5 5 2 , 559, 5 6 1 ; V. 64. p. 233.)
Cleveland Lorain & Wheeling Ry.—
(See M ap.)—Owns from.
Lorain, O., to Bridgeport, O., opposite Wheeling, W. Va., 158 miles;
Lester to Cleveland, 28 miles, and branch to Bellaire, C., 6 miles;
total, 192 m iles, and has trackage into W heeling.
H is t o r y .— This railw ay is a consolidation Nov. 2 3 ,1 8 9 3 , o f the C. L.
& W. railroad and the Cleve. & Southwesterfi. (See V. 57, p. 808.)
S t o c k . —Common, $8,000,000, and preferred, non-cunm lative, 5 p. o
$5,000,000, par $100. A fter dividends o f 5 p. c. have been paid on the
preferred and com m on both stocks share alike.
D iv id e n os .—On preferred in 1896, March, 1 p. c. June, 1 p. c.; Oct.
1 p. c.; in 1897, January, none.
B onds —The consolidated m ortgage fo r $5,000,000 (U. S. M tge.
Co., N. Y ., trustee) covers 192 miles main line, includ ing the extension
o f 28 miles to Cleveland, com pleted in Dec., 1894; also 70 m iles sidings,
equipm ent, term inals, etc., now ow ned or hereafter acquired. The
m ortgage provides the retirem ent o f the Cleve. Tusc. Val. & W heeling
firsts at m aturity. The general m ortgage was issued fo r im provem ents.
The ear trusts were issued for $400,000, payable iu 80 m onthly instal­
ments o f $5,000 each ; they cov er 6 engines and 1,000 coal ears.
Bills payable June 30 ,189 6, $54,709.
E a r n i n g s .— 7 m onths, > 1896-7.........Gross, $6 85 ,4 7 2 ; n e t , $ 2 0 6 ,4 5 8
July 1 to Jan. 31.
S 1895-6....... Gross, 98 9,69 4; net, 302,287
R e p o r t .— For year ending June 3 0 ,1 8 9 6 , was in V. 64, p. 39, show­
in g : Gross, $1,586,917; net, $4 42,7 52; Interest on bonds, $2 81,0 45;
in i on car trusts, $1 6,22 8; dividends, $ 1 0 0 ,0 0 0 ; bal. surplus, $45,479. In 1894-95, g ro ss,$1,360,464; net, $402,928. —(V. 64, p. 3 9 , 568.1
Cleveland Ac Mahoning; Valley By.—
Owns from Cleveland*
O., to Sharon, Pa., 81 miles [57 double track]; Niles, O., to New L isbon,
O., and branches, 44 miles. Leased to N ypano RR. (form erly N. Y.,
Penn. & Ohio) till 19 62; rental $514,180 per annum, payable monthly.
In 1896 consols for $455,000 were issued to retire the last o f the prior
bouds and the consols are n ow a first lien on the entire road. Coupon
interest is J. A .1., registered interest, Q.—J. 3tock is $3,259,200, o f
which $2,758,250 is held by “ A tlantic First Leased Lines Rental Trust
Co., Limited,” o f London. Dividends, 11 to 1 2 ]g p er cen t per annum.—
(V. 57, p. 179; V. 61, p. 966; V. 63, p. 968.)
Cleveland Sc Marietta By.—
Owns from M arietta, O., to Canal
Dover, and branch, 97 miles, and 8 miles, V alley Junction to Canal
D over,leased. Pennsylvania RR. obtained eon trolin O ct., 1893, having
purchased about two-thirds o f the stock. Stock, $2,000,000—par$100.

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INVESTORS’ SUPPLEMENT

46

[VOL, LX1V.

«ub»i*rlbera will confer a great favor by giving Immediate notice of any error discovered In these Tables.

RAILROAD8.

B onds--Princi­
INTEREST OR DIVIDENDS.
Date Size, or
pal, W hen Due.
Am ount
Par
Rate P er When Where P arable, and by Slocks—Last
of
of
Outstanding Cent. Payable
Whom.
Dividend.
Road. Bonds Value.

j Miles

ion o f colu m n h ead ings,
on drat p a ge o f tables.
P it tub. —Stock, 7 p. c. guar, by Penn. C o---GMktte). sink, fund inort. for $5,000,000,n o td r’n.e
i
t-ien. \1. for $10,000,000 gold ) series A , ..........c ’ J
guar. p. < i. (end.) Pa. B B . $ series B ..........
fc
Const r’u and equlp’tin c.,8er. " A ,” dr’n at 100
O le*. T e r m in a l
V a lle y — Stock, $*2,200,000 is pr
1st M., $6,000,000 gold, guar, by B.&O. e n d .o'
C e a s t B y . o f N . S c o t ia .— 1st M. $5,000,000 ($ & £).e*
O o le b r o o k d a le — IstM .,$593,400,und. Head.M <
C o lo ra d o M id la n d Receivers’ certificates .. .
1stmortgage, ($25,000 per mile) gold .................o ' i
Consol. M. for $6,000,000, gold (See t e x t)---- c*
Xqnlpment bonds, s. f., drawn at 105, g old .......o* i
Equip, bonds, B., dr’n at 105 after 1894, g old ..
Aspen Short Line, 1st M., gold, interest as rent
Busk Tunnel R ’y 1st M., gold, guar., red. at 105.C*
Ooi. W y o m in g
Ot. N o .— 1st M.. $6,000,000, g .. o*
9 tU u m S ia N excb.it L a u r e n s — latM ,for$12,000 p.m.
9 o l* m b u x db C i n c i n n a t i Midland—Common stock.
Preferred stock (see remarks) non-voting.............
1st M .,ext., guar. p. & i. by Cent. O. and B. & 0 .c Jj
C o l u m b u s H o c k i n g V a l . & T o l . — Common s to ck .1
Preferred 5 p. c. stock, non-cum., red. at 100..
Col. & Hock. Val. 1st mort., Coliun. to Athens..c*
Col. & Toledo 1st M. (Columbus to \Valbridge)..o’
Col. & Tol. 2d mort. (Columbus to W albridge)...c
Ohio * West Va. lstm ort. (Logan to Pomeroy)..o'
fe
Consol, mort., g., on road and Hooking Coal & RR. ,
Gen. mort.,gold,on road & H ockingCoal& RK.Co.c
Car trust bonds s. f., red. at par, gold, see t e x t ...
Ohio Ld. *fc Ry.Co.. M.,g,.s. f., red.at llO .see text
Weliston & Jack. B cltL , IstM .,$300,000,gold, go.
General lien m ortgage, $30,000,000, g o ld ...c* & r

i*99
199
199
87
18
240
267
7
63
71
76
118
118
85
329
329
17
346

$50 $11,226,050 7 per an. i Q. —
M. N. Y., W inslow, Lanier.
1,484,000
do
do
Nov. 1, 1900
1,000
7
M. & N.
do
do
Jan. 1, 1942
3,000,000
4 ia g . J. & J.
1,000
1,561,000
do
do
Oct. 1, 1942
1,000
4 hi g. A. & 0.
Jan. 1, 1913
5,370
do
do
1,000
7
J. & J.
6,670,050
Text.
5,500,000
1895
1,000
4 g. M. A N: N.Y., Brow n Bros.«fe Co.
1,000
300.000
1895
5
|A. A O. Boston, N. Y. & London.
600.000
6
J. & D. Phila., Phil. A R. Office.
1868 100 Ac.
147,500
6,250,000
1,000
6 g. J. & D. Dec.’93, coupon last pd. June 1, 1936
1886
4,866,000
4 g. F. 6c A. Aug.,’93,coup.lastpaid. Feb. 1, 1940
1,000
1890
1,000
200,000
7 g. M. A 8. Mar., ’97, pd. when due. Mcli. 1, 1898
1888
127,000
6 g. J. & J. Jan., ’97, pd. when due. Jan. 1, 1900
1,000
1890
Jan. 1, 1919
1889
108,000
8 g. |J. & J. July, 1896, not paid.
July 1, 1935
1.250,000
1,000
7 g. jj. & J. July, 1896, not paid.
1890
M ay 1, 1925
1895
Philadelphia.
500,000
5 g. |M. 6c N.
Jan. , 1937
1,000
706,000
1887
6 g. jJ. A J.
2,000,000
1,000,000
3
J. A J. Jan., ’96 div. last paid. Jan., 1896
1,000
2,000,000
4hi 1 & J. Jan.,'96, eoup.last paid. Jan. 1, 1939
J.
1881
100
11,696,300
....... jj. & J.
■fan.2, ’97,212*
100
2.500.000
7
|A. & O. A p r.,’97.paid when due.1 Oct. 1, 1897
1.401.000
1867 500Ac.
1,000
2,500,000
7
If . & a . Feb., ’97, coup was pd.j Aug. 1, 1905
1875
600,000
7
'M. < 8. M ar.,’ 97,pd. Apr. 1, ’ 97. Sept. 1, 1900
fe
1880
1,000
May 1, 1910
1,000
7
|M A N.
.
1,584,000
1880
8,000,000
1,000
5 g. IM. A 8. Mar., ’97, coup, pureh. Sept. 1, 1931
1881
1,000
1884
2,000,000
6 g. J. A D. Dec. ’96, coup last paid June 1, 1904
1,000
1,342,000
1894
6 g. 1 Q - J . N. Y., A tlantic Trust Co. Apr. 1, 1904
1,000
369,000
1894
6 g. ,J. * J. N .Y.,S.D.Davis,36 Wall! Jan. 1, 1914
1895
1,000
do
do
300,000
6 g. I . a a .
f
Aug. 1, 1915
1x96
1.000&C
1,892,000
4 g. J. & J. Jan. ’97, coup last paid July 1, 1996
1867
1892
1892
1873

B o n d s .—New first m ortgage for $2,000,000 is dated M ay 1 ,1 8 9 5 ,
and is guaranteed as to principal and interest by the Penn. Company
(trustee, Farmers’ L. * T. Co., N.Y.). Sinking fund o f 1 p. c. coinfe
nencea July 1, 1896; bonds bought at par but not subject to call.
R e p o r t for year 1895 in V. 63, p. 25, shows gross, $367,753; net
$84,859; interest on bonds, $47,894; interest on floating debt, etc.,
$34,742 ; balance, surplus, $2,223; ton rate, *095 cents. Year 1894,
p w s , $325,185; net, $ 6 0 ,9 7 3 — (V. 60, p. 391, 873, 1058; V. 63, p. 2 5 .)
C le v e l a n d A: P i t t s b u r g R B , - (See Map Pennsylvania Railroad.
Cleveland, O., to Rochester, Pa., 124 miles; branches—Bayard, 0 .,to New
Philadelphia, 31 miles; Yellow Creek to Bellaire, 43 m.; trackage, R och ­
ester to Pittsburg (Pittsb. Ft. W ayne & Chic.), 26 miles; total, 224 miles
L e a s e — Leased for99 9y ears, Deo. 1,1871, to Penn. RR. Co., andlease
transferred to Pennsylvania Co. Rental, 7 per cent on $11,226,050
stock, and organization expenses, the lessees assuming all liabilities.
Bonds .—General m ortgage bonds are all equally secured ; they canmot be called for the sinking fund. See guaranty, V. 56, p. 604.
Earnings .—Report fo r year ending Nov. 30, 1896, was given in V.
64, p. 605, showing gross, $3,226,615; net, $1,168,972. Profit to
lessee was $37,304 in 1896 and $342,901 in 1895, against loss of
$55,452 in 1894. (V. 62, p. 232, 5 4 6 ,1 0 8 7 ; V. 64, p. 373 , 6 0 5 .)
Cleveland Terminal & Valley R ll.—See Map Baltimore &
Ohio. Owns from Cleveland, Ohio, to V alley Junction, 75 miles, and
12 miles o f small branches. Successor as per plan iu V. 60, p. 437
mad V. 61, p. 70, to Valley Ry. (of Ohio) sold in foreclosure Sept10, 1895. The Baltim ore & Ohio controls the new company. A traffic
agreement was made with W heeling & Lake Erie in 1895. V. 63, p. 155.
Stock —Of the $5,200,000 common (par $50) B.& O. owns $4,592,550.
Preferred stock is fo r $2,200,000, par $100.
B o n d s —T he first m ort. b on d s a rc g u a ra n teed , p rin c ip a l and in terest,

by th e B. & O .. ou d orsed , b u t in terest is p a id re g u la rly fro m ea rn in g s.
E arnings .—From Oct. 6, ’95, to Juno 30, ’ 96 (9 m os.), gross, $559,809; net, $188,436; int. on bonds, $146,667; taxes, $L3,41.2 ; bal.,
surplus for 9 mos., $28,357.—(V. 62, p. 8 2 0 ; V. 63, p. 155, 7 9 1 .)
Coast Ry. of Nora Scotia.— oad from Yarmouth to Belleville,
R
14 miles, was In operation In 1896; 17 miles additional, to Pubuico, is
som pletcd and expected to be in operation by May, 1897. Under con­
struction front Pubuico to L ockport, 65 miles. Capital stock authorlied Is $100,000. M ortgage trustee. International Trust Co., Boston,
Mass. President Thomas Robinson, Yarmouth, N ova Scotia.
C o l o r a d o m i d l a n d R l l . —Owns from Colorado Springs to New
3aeUe, Col., 226 miles; Aspen branch. 18 miles; Jerom e Park branch,
IB. Miles; leases New Castle to Rifle Creek, 14m .; R io Grande Junction
lib ,.R ifle Creek, Col., to Grand Junotton, 63 m ile s; total, 336 miles.
H is t o r y a n d St o c k .— Completed Oct. 15 ,188 8, and In October, 1890.
itcb ls o n purchased entire capital stook o f $8,000,000. V. 51, p. 608.
R e c e iv e r s h ip , E tc .—R eceiver is George W. RiBtine. Foreclosure
m ite under first and the consol, m ortgages have been consolidated and
a m stiil pending. V. 61, p. 557. Reorganization in abeyance pending
results oi year’s operation. See V . 64, p. 134.
B o n d h o l d e r s ’ Co m m it t e e .— F or Colorado Midland first and consol.
an, George Mosle, W. G. Rathboue, IV. D. Sloane, F. P. Olcott, Charles
A yer, James N. J a rrie ; depositary, Central Trust Co., N. Y. Oscar
Bunke, Secretary, 41 W all Street, New Y ork. There are $5,883,000
firsts (out o f $6,250,000) and $3,967,000 consols (out o f $4,886,000)
deposited. (See V. 63, p. 702.)
Coupons .—Coupons aro payable at Central Trust Co., New York. For
last coupon paid ou each loan seo table at head o f page.
B onds .—A bstract o f first mortgage in V. 45, p. 540, and o f oonsol.
m ortgage in V. 51, p. 572. Central Trust Company is trustee o f both.
The guarantee o f the old A tchison Co. on the consols was w iped out, it
is claimed, by the foreclosure o f the Atohlson. The Busk Tunnel
m ortgage is fo r $1,500,000. Due A tchison July 1 ,1 895 , $1,621,012.
L atest E arnings .—8 m o s .,) 1896-7.Gross, $1,126,884; net, $185,703
July 1 to Feb. 28.
5 1895-6-Gross, 1,248,161; net, 371,920
E arnings .—The statement for years ending June 30 i s :
Yrs. end June 30. Oross.
Net.
Rent, Taxes, etc.
Balance.
...................... $1,906,280 $558,067
$2 2 0 ,6 (9 sur.$337,428
...................... 1,592,661
369.151
158.612 sur. 210,539
1,463,256
121,667
156,010 def. 34,343
W 0 3 -4 ........
—(V. 63, p. 29, 559, 7 0 0 , 7 0 2,11 15 ; V, 64, p. 134.)
• C o l u m b i a < G r e e n v i l l e (S . C .)—See S outhern R a il w a y Co.
fc
C o l u m b u s A C i n c i n n a t i m i d l a n d R R .—(See Map Balt. < Ohio.)
4
-O w n s fr o m Columbus, O., to Midland City, O., 71 m iles; trackage to
3o!umlms, l>s miles. In January, 1890, leased for 999 years to Central
Ohio, by which assigned to Baltimore & Ohio. See V. 51, p. 718 The
Baltimore A Ohio assumed the Central Ohio’s guaranty o f principal and
Interest o f the bonds (wliioh aro endorsed by the Central Ohio) and ot
3 per sent per annum, oommenoing with Ju ly 1,1895, ou the preferred,
yiratm ortgago interest due July 1,1 8 9 6 , was not paid. V. 63, p. 30, B.
ic O. item. Seo description o f m ortgage, etc., p. 6 o f S upplement
A pril, 1896. D ividends —On preferred, in 1895, July, l*ap . c.; iu 1896,
Jaiu, Ihz p. c.; d o d o since. B. & O. owns the com m on stock.
B o n d h o l d e r s ’ C o m m it t e e s .— Charles S. Hinohman, ChairmanSsorge Stevenson, S ecretary, 138 South Third Street, Philadelphia;

H arry F. West, Edward B. Smith and Charles P arrott. A m ajority o f
the firsts aro reported to have assented to the agreem ent o f this com
mittee. D epository, Guar. Tr. & S. D. Co., Phila.—V. 64, p. 180, 707.
M idd endorf Comm ittee—J . W. M iddendorf, 213 East Gorman Street,
B altim ore, and Owen D aly.—V. 64, p. 233, 330.
E a r n in g s .— Y ear ending June 30, 1896, gross, $3 76 ,5 5 8 ; net,
$97,722; int. and taxes, $9 9,60 0; dividends, $3 0,00 0; balance, def.,
$31,878. In 1894-95 gross, $ 3 99,9 10; net, $98,004.—(V. 63, p . 2 0 ,
1 0 0 7 ; V. 64, p. 134, 180, 233, 330, 707.)
C o l u m b u s H o c k i n g V a l l e y «fc T o l e d o R y .—[See Map.)—Owns
main lino from Pom eroy, O., to Walbridge, O., 250 miles, with trackage
(Penn. RR . System) Walbridge to T oledo, 6 m iles; branches to Athens,
Nelsonville, etc., 73 m iles; W eliston & Jackson B elt Line, from
M cArthur Junction to Jackson, 17 m iles (opened in F ebruary, 1 8 9 6 ;
10 miles is eleetrio); total, 346 miles; second track, 25 miles.
R e c e i v e r s h i p .— On Feb. 2 5 ,1 8 9 7 , V ice-President N. M onsarrat was
appointed receiver. V. 64, p. 422. R eceiver’ s certificates fo r $100,00 0
have been authorized. V. 64, p. 663.
Foreclosure suit under consol, m ortgage has been brought. A m ajority
o f the consol. 5s has been deposited w ith J. P. M organ & Co., whose
receipts have been listed on New Y ork S tock E xch an ge.—V. 64, p. 754
C oupon P a ym e nts , E tc .—Consol. 5s coupons due M arch 1, 1897
were purchased by J. P. Morgan & Co. Col. *fc Toledo 2d mort. coupons
due March 1,1 8^ 7, were paid April 1 and Col & H ock. V alley 1st
m ort. coupons due A pril 1 w ere paid when due at State Trust Co., New
York. V. 64, p. 663.
H is t o r y , & c .— The capital stock o f $8,000,000 o f the H ocking Coal
& RR. Co., controlling 10,000 acres o f coal lands, was purchased in
1881. A s to status o f Burke suit see V. 64, p. 516.
D i v i d e n d s - > Ju ly,’92,to J a n .,97 I
1883.
1885.
133a stk.
P ref., P. Ct. 5 5 per cent, yearly. |On C om m on___ 2^2
B o n d s —Consolidated mortgage was for $14,500,000, o f w hich $ 6,500,000 reserved to meet prior liens; but in 1892 $777,000 consols
reserved fo r 7 p er cents due Jan. 1,1 892 , were canceled, the 7 per cents
having been retired with preferred stock. Central Trust Co. is trustee.
The general mortgage o f 1884 is for $2,000,000; trustee (Oct., ’96)
K nickerbocker Trust Co., N. Y.
The car trust bonds are secured on equipm ent costin g ov er $2,600,
000, on which $1,500,000 had been paid in 1894, and they also cover
$350,000 o f new equipm ent purchased with their proceeds. The sink­
ing fund was to retire about oue-tenth o f the issue yearly, the bonds
being subject to call at par and interest. Issued $1,750,000; outstand­
ing March, 1897, $1,342,000. There have been retired u nder the pro­
visions of the sinking fund, $408,000.
The Ohio L an d Ry. bonds ($1,500,000 authorized, N. Y . Security &
Trust Co., trustee), arc guaranteed principal and interest by the C. H.
V. & T. Ry., and are so endorsed. They cov er about 11,000 acres of
coal lands, and are subject to call for the sinking fund at 110 and ac­
crued interest any Jan. 1 (since 1896). Sufficient o f the loan is re­
served to take up all prior liens. R eceipts from royalties on land
owned by com pany were estimated at $103,000 fo r year 1895.
Weliston < Jackson Belt L in e.—The first m ortgage bonds are guaran­
£
teed. Capital stock $441,000, 51 per cent ow ned by C. H. V. & T. V.
The General L ien Mortgage o f 1896 (G uaranty Trust Co. Trustee)
covers all the property and securities o f the com p an y and all property
hereafter to be acquired with the proceeds o f tue bonds. The total
issue authorized is $30,000,000 (see V. 63, p. 228, and application to
N. Y. Stock Exchange in V. 63, p. 1162). T o Feb. 25, 1897. Ohio Land
& R y. Co. bonds for $1,006,000 had been exch an ged fo r general lien 4s
G e n e r a l F in a n c e s .— The long continued bitum inous coal war re­
sulted in February, 1897, iu the appointm ent o f a receiver for this
com pany, and in April, 1897, J. P. M organ & Co. w ere receiving de­
posits o f bonds preparatory to reorganization w henever a plan shall
be form ulated.—V. 64, p. 422.
E arnings .—Jan. 1 to March 31, 3 m onths, gross, $524,762 in 1897;
$622,057 in 1896.
A n n u a l R e p o r t .—Fiscal year ends D ecem ber 31. In 1896, gross,
$2,480,924. Annual m eeting will hereafter b e held the third Tuesday
in March. R eport fo r 1895 was in V. 62, p. 724. Traffic is mostly
freight, and 6 4 per cent o f this bitum inous coal. The grades have been
so reduced that the average train load is large—in 1894, 450 tons.
Year ending Dec. 31—
1895.
1894.
1893.
1892.
Gross earnings........................................ $2,676,421 $2,688,700 $3,270,362 $3,3
S et earnings............................................$1,200,607 $1,245,926 $1,461,627 $1,5
Miscellaneous.........................................
19,606
10,000
10,000 10,0

Total receipts................................... $1,220,213 $1,255,926 $1,471,627 $1,5
T axes........................................................
$90,951
$96,123
$92,696 $85,
Interest 011 bon ds...................................
923,030
923,030
923,030 923,
interest on car trusts.......
96,765
92,572
60,809
51,327
Other Interest........................
19,004
9,864
6,456
4,455
int. to Pa. Co. ou lease,&c.
If
25,765
25,646
26,804
Dividend on preferred. ..(5 )1 0 0 ,0 0 0 (5)100,000 (5)100,000(2^)50,000
Balance, surplus..............def. $9,537
$8,572
If N ow charged in operating expenses.
—(V. 64, p. 373, 422, 516, 566, 610, 663, 754.)

$262,989

$436,525

RAILROAD STOCKS AND BONDS.

April , 1S97.J

MAP OF T H E

47

^

.C O L U M B U S ,

HOCKING VALLEY
Bawling?
/©reen 1
Hoigate,

Berlin

tBradnei

'Grafton

icw t
ca

Faraham

Norwalk

Green Spring

'Wellington

W a lk er

Pa«MI®g:

New London
/nrlck
V®
MeCutchenviile

|Ottawa

Shiloh

Co'mnhmf JLk.
6 ro«y ^ \
r r-—

jB lu tm x t

Woostei
Cmtifm
‘Gallon
CrMersvlile

Belleville
Mt.GSiead

SUtfary*
i Botkina

j

^ r “
U ,/r .w T

mdonvffltf
Millerafoui

Wajmfeeoeta _x;
foapeci

v ‘ ,,^ r C U it * ,™ ./
H
I

KHlbuek

’Fulton

1r l ) * /r
\r_■o u n u r
{ n i fOjflnfsr
\m / /
V\i
II/

W

" sJX.
—

M t. Ve

I \ Z ^ \ ttn
n t

0

CoRpoeton)

Utica

'ewark
laoe«v»le

Ipringftakf

_ harllagioi
tltoftham <*
*
inejvillo

'S.Cfcarteaton

V>«ahtllk

S A

N

O

S T

Q

N

i
iURWAY

LOGA fsraj

CITY

H a y d e n v ll

Galon rtireace]
V
Summitj
\
Staff

S T R A I T 9 V H .LC

*k w f o m i £u
iH I U I C O I H t

WW#

/
McArthur;
•ac aarw u ay'cj
yet*
Hansom
■
avert*

O R E

L
Albany
{

5»n«« f
MWclItt
rnHawk’-sl
POM EROY

Jackieo
^mEwSnjftoo
wytuton
Fortenk

j

Wdlson
IT . P L E A S A N T

[SdOtOYllk

'/Olive S
p it . Vernon
Culhertitm

1

.Leoa

*

1
lGHnim ’»
| Undlr.u
J Buffalo

©r<&cnjf

Midway

Orayaon?
Denton
1.& O.Jc,

RictmrdaoJ

4S

INVESTORS’ SUPPLEMENT.

|VOL L X 1 V .

Subnorlbera \ ill confer a great favor by giving Immediate notice of any error diacovered In theae Tablea.
%

Bonds—Princi­
INTEREST FOR DIVIDENDS.
RAILROADS.
A m ount
|M iles' Date 8ize, or
pal, When Due.
Par
Outstanding Rate Per! When |
Where Payable, and by Stocks—Last
For explanation o f oolitmu headltigs, Ac., see notes
of
of
Cent. Payable
Whom.
on first page o f tables.
j Road. I Bonds Value.
Dividend.
C o l. S a n . it Hock. R R .— Reo’rsctfs.. (old Co.) July.’OO

--------1st i n e r t ( p r i o r lieu), $2,000,000, g old .,
227 1895 $ 1,000
1
General m ortgage, f 10,000,000. g o ld ................o"j 227 ' 1895 | 1,000
1st M., scrip, for July, ’90, and Jan., ’ 97, coups., j ---- I ----... I 1895 ;
Income bonds, non •cumulative, g o ld ....................
1,000
4 1890
ZanesvilleTeriu'l Co. 1st m. fo r $500,000,gold.'
1,000
... 1893
Col. T er. A T ra n sf. m tge. $ 3 5 0 ,0 0 0 gu. C. 8 . & U.
C ar trust notes, J u n e 3 0, 1 8 9 6 ................................... ;

C bus J Xenia— took, 8 p e r cen t re n ta l.............
olum 1
H
C
oncord tt C
larem (N H — 1st m o rtg a g e ......... e
ont . .)
C
oncord t* M
ontreal— tock , Class I. (B. C. A M. p f.)
S

S tock, Class 11 (B. C. A M. n e w )...................................!
S tock, Class III. (B. C. A M. old s to c k ).................... I
S tock , Class IV . (C oncord) $ 6 ,0 0 0 ,0 0 0 autli T ex t
Boat. Con. A M on. im p rovem en t m o rtg a g e .......... e
C on cord A M on treal co n s o l.in e r t.fo r$ 5 ,500,000.0"
C
oncord «£ Forts.—S to c k ,7 p .o . rn ’ l, 9 9 yrs. C ono’ d . .
C , it OakVd—1st M., g., $ 20 0 ,0 0 0 ; urn. a t p a r ., i
on/
C
onn, Fassum ref. s to c k , 5-6 p. o.ren ’ l,99yT8.o’‘
.—P
1st m ort. (W hite R iv .J u u o. to C anada line) gold .c*
M assaw ippi s t’ k, gu ar.sam e d lv . as C onn. & Pass.
N ew p ort A R i oh fo rd 1st m ort. guar, b y C. A P .o*
Cm
nechcut H
irer—
Stock ($ 2 ,6 7 0 ,0 0 0 a u th oriz ed )..
Serin, red eem a ble in ten yea rs in ca sh o r b o n d s ..
B onus, n ot m ortga ge, fo r $ 1 ,0 0 0 ,0 0 0 , g o ld ......... c
C
onnecting (Fhila.)— m ., gu. p. A i. Pa. HR. en. c
1st
Connecting Term RR. (B u ffa lo)— 1st M ..............
inal
E rie A w e s t . T ra n sp . 1st M. guar. drn. a t 1 0 5 . .r
C
ornxcull < Lebanon.—S to c k ..........................................
t
N ew 1st m ortga ge fo r $ 8 0 0 ,0 0 0 .............................. r
Cum
berl’d tO S o .D lv .la t M., p.& i. g u .b y L .& N.
d hio—
N orthern D iv ision 1st m o rtg a g e ..............................
Cum
berland Pennsylvania— 1st m ort. g o ld , gu ar

55 | . . . .
71 1894

” *50
’ T oo
100

100
166 i 1881
262 1890
47 !
1890

100

1,000
1,000
100
1,000
100

110
37
22
80
80
6*75

1893

1,000

1881

1,000
100

1893
1893
1864
1883
1892

i ‘ 606
1,000

100

24
24 j 1891
57

1,000
1 ,0 0 0

50
100 Ac.

1891 | 1,000

$500,000
7*7,000
7,446,591
149,219
1,150,171
453.000
271.000
680,128
1,786,200
500.000
800.000
540.400
459,600
5,397,400
500,000

5 g. A.’ A O .
2*2-4 g. J. A J.

1 20.000

1 , 000,000

991.000
500.000
(D
800.000
766.400
300.000
300.000
1 , 000,000

Oct. 1, 1900
Jan. 1, 1946

4
F. A A.
................
1945
5 g. J. A J. N .Y ., Hatch & F oote. July 1. 1940
5
M. A S.|Mar. 1897,coupon paid.
1943

825
4*2
7
7
7
7
6
5, 000,000
4
350.000 7 per an.
2.500.000
1.900.000
400.000
350.000
2.580.000
1.290.000

New York.
See text.

! Q .-M . Columbus, O., Treasurer
J. A J. Bost., Treasurer’s office.
See text,
I t^--J*
Q .-J .
do
do
! Q .- J .
do
I Q .- J .
J. A J. jB’ston, Faneuil Hall B’k
J. A D. Boston Safe D. A Tr.Co.
J. A J.
Manchester, N. H.
M. A N. N ov.,’ 95, coup, last paid
5 per an. F. A A. Boston, S. Dep. A T r. Co.
do
do
4 g. A. A O.
do
do
5 per an. F. A A.
do
do
5
J. A J.
Boston, Mass.
10 p. an. ,J. A J.
4 per an. J. A J., Boston. Second Nat.Bk.
Boston, Mass.
4 g. M. A S.l
M. IS AS. Pliila., Broad St. Stat’n
6
M. A N. Pliila., 234 S. 4th St.
J. & J.
4
F.AA. In Co.’ s off., Lebanon, Pa.
5
A. A O.l
do
do
N.Y., L .& N ., 120 B ’ way
7
M. A 8. |
J. A D.
7
5 g. M. A N .:N. Y. .Consol. Coal Office.

M a r.l0 ,’ 97 ,2i5
Jan. 1. 1 9 U
J a u .,’ 97, 1%%
Jan, 1 ’ 97,1% %
J an. 1’97,1%%
J a u .l ’ 9 7 ,l% %
Jan. 1, 1911
June 1. 1920
Jan., *97, 3*2%
1914
F e b .,’ 97, 2 *
2%
Apr. 1. 1943
Feb., ’ 97, 2*o%
Jan. 1. 1911
Jan. 1 0 /9 7 ,5 %
Jan. 1, 1903
Sept. 1, 1943
1900-’ l - ’ 2-’ 3-’ 4
M ay 1, 1903
Ju ly 1, 1912
Aug. 15, 1896
Apr. 1, 1921
Sept. 2. 1898
1899
May 1, 1921

C o I h in b it» SunriiiM ky A H o c k i n g I 1 K .— R o a d — Sandusky v ial is pledged as part aocurity for 4a o f 1893 [$1,900,000 authorized]
Columbus to Zanesville and southerly to Glouster, Shawnee and | which replaced $1,500,000 o f 7s due A pril 1, ls 9 3
(V. 57, p. 1040.)
8 hawnee Junction, with branches; total, 273 miles, o f which 226
D iv
cent; in 1882 a d 1883, 6 ; In
miles are owned aud 47 miles leased. Trackage to Toledo, 51 miles I 1884, i d e n d s since 1880—In 1881, 5 pero f 5 yearly. Seenrental above.
in 1885 and since at rate
History , Etc .—A reorganization Nov. 1 4 ,1 8 9 5 (per plan in V. 61 I A verage annual net earnings years 1890 to 1892, $219,883.
p. 26) of the Col. Saud. A Hock. Ry., sold in foreclosure Oct. 19, 1895]
C o n n e c t i c u t R i v e r I t lt .- O w n a from Springfield, Maas., to
R e o r g a n iz a t io n C o m m iTTEB.—1 he receiver appointed Jan. 15,1897, Keene, N. H., 74 miles (double tracked, 36 m iles ); branches, 6 miles.
T
has been rem oved and the property placed again in the hands o f the
Leas
99 years from Jan.
1893,
Boston &
com pany (see V. 64, p. 131, 233), but reorganization is thought neces Maine, e .— Leased for being $258,000 (equal 1, 10 perto theper annum
annual rental
to
cent
sary ami a plan will bo submitted by the follow ing committee: Chairman,
capital stock), payable in semi-annual Instalm ents Jan. 1
Louis Fitzgerald, Thomas Hillliouse, L. C. Weir, F. K. Sturgis and J. on present and in addition thereto interest on 4 per cent bonds and scrip
G. Deshler; Secretary, A. W. Kreeh, 120 Broadway, New Vork. De­ and July 1, fo r organization expenses. Lessee pays all taxes, operat­
positaries for first mortgage bonds, M ercantile Trust Co., I* Y.; for and $2,000
expenses, etc., hut lessor shall issue its stock or bonds to m eet
generals. M etropolitan Trust Co., N. Y.; Deshler Nat. Bk., Columbus, ing cost o f perm anent im provem ents.
O.. will receive both classes o f bonds as agent for depositaries.—(V*. the
D iv i d e n d s 1876 to 1892 Inclusive 8 per cent per annum, and now
64, p. 123. Interest Faymcnts—Zanesville Terminal interest due Jan.
under lease 10 per cent. In January, 1893, paid 4: per cent extra.
1,1897, and prior lien 5s, interest due A pril 1, was paid.
B onds .—In 1893 $1,000,000 bonds were sold to pay floating debt;
S t o c k . — Co m m o n , $ 7 ,5 0 0 ,0 0 0 a u t h o r i z e d ; o u t s t a n d in g D e c ., 1 8 9 6 ,
total prolit and loss detlcit Juno 30, 1896, $300,463. (V. 61, p. 470.)
$ 3 ,3 4 8 ,3 9 2 ; p r e f . 4 p . o . , c u m ., $ 4 ,1 0 0 ,0 0 0 ; p a r , $ 1 0 0 .
C o n n e c t i n g R y , ( P h i l a d e l p h i a ) .— Owns from M antua Junction
Bonds.—First m ortgage bonds wore to pay old car trusts, $1,110,677;
old floating debt, $703,107; im provements aud equipment. $180,000. to Frankford Junction, Pa., 6-75 m iles; total m ileage including 2d, 3d,
Only $787,000 firsts had been sold to June 30, 1896, the balance being 4tb tracks and sidings, 47 miles. Leased to Philadelphia & Trenton for
999 years, and with that road operated by Pennsylvania R ailroad.
held in the treasury pen* imr better m arket conditions.
Of the general m ortgage bonds (trustee, Metropolitan Trust Co.)— Rental pays interest, taxes and 6 per cent on $1,278,300 capital stock
total issue $10,000,000—$2,544,000 to be placed in trust as follow s: (par $50)—o f which $1,277,700 owned by Pennsylvania Railroad.
$2,000,600 for redemption o f p rior lien bonds, $ 200,000 for real estate Current liabilities Decem ber 3 1 ,1 8 9 5 , $1,259,572.
notes, $89,000 for coupon notes and $255,000 for surplus bonds to
C o n n e c t i n g T e r m i n a l R R . ( H i i d a l o ) .— Owns a term inal road
cover discounts. The “ gouerals ” bear interest during years 1896 and one m ile long in Buffalo, N. Y . Stock $20,000 (par $500) con trolled in
1897 at 2*2 per ceut, during 1898 and 1899 at 3 per cent and there­ same interest as the Erie & Western Transportation w hose bonds
after at 4 per cent. General m orrgage coupons due July 1,1896, and (authorized issue $1,500,000) are guaranteed p rin cip al and interest.
January 1, 1897, were paid in first m ortgage scrip in July 1896. On Other indebtedness June 30, 1895, $80,600. In year 1894 95, gross,
June 30, 1896, in addition to the securities given in the table above, $140,793; net, $79,226; other incom e, $13,381; Interest paid, $25,000;
there were also outstanding notes payable, $733,336.
taxes, $8,622; dividends (6 p. c.), $7,200.
Interest Charge —The fixed iuterest charge was to he first aud second
C o r n w a l l & L e b a n o n .— Owns from Lebanon, Pa., to Conewago,
year, $302,390; third and fourth year, $339,400; thereafter, $400,000
22 m iles; bran ch es,3 miles. Dividends, form erly 4 to 4>n per cent
L a t e s t E a r n i n g s — 7 mos. $ 1896 7 . . . . Gross, $498,004; net, $120,324 yearly, were in 1893 6 p. c.; also in 1892-93 paid a special dividend
July 1 to Jan. 31.
(1 895-6 ...G ro ss , 595,534; net, 163,963 of 13 p. o.; in 1891, Pel)., 2 p. o.; in 1895, Aug., 2 p. c.; Feb., 1896, 2
p. e.; Aug., 2 p. e. In y ear ending June 30, 1S96. gross, $272,960 ; net,
A n n u a l R e p o r t .— R eport for 1895-6 was In V. 63. p. 600 and 835.
$143,978; interest, $4 0,00 0; taxes, $9,192 ; dividends (4 p. c.), $32,000;
Tears ending June 30—
1896.
1895
Gross ea rn in g s.........................................................$905,296
$828,156 balance fo r year, $62,786. In year 1894-95 gross, $ 2 1 5 ,8 0 4 ; net,
Net earning h— ...................................................... 208,431
149,857 $107,640. Car trust 6s, Ju ly, ’96, $110,000.—V. 64, p. bio.
Taxes and rental...................................................... 101,171
94,781
C r e s s o n & I r v o n a R R . - J w q s from Cresson, P a,, to Irvon a, Pa.,
159 571
Interest, partly paid in sc r ip ........... .............
27 miles, aud branoh to Richland Mines, 2 miles. Successor to the
- ( V . 63, p. 116, 6 0 0 , 702, 8 3 5 , 1117; V. 64, p. 134, 233, 423, 663.) *** Cresson & Clearfleid Conuty & Yew Y ork Short R oute R R ., w hich was
C o lu m b u s* S o u t h e r n R y . —Consolidated with G eorgia A Ala bought in interest o f Pennsylvania RR. at foreclosure sale early in
1894. The road is operated by Penn. RR. fo r net earnings. Stock,
baraa (which see) in January, 1897. (V. 63, p. 1115.)
$500,000; par, $50. All ow ned by Penua. RR. E arnings for year
rrC o ?,, , n , , M,w & x ,e n l a R R . —Owns from Columbus, 0 „ to Xenia, O , ending Dec. 31, 1896, gross, $56,757; net, $4,710. In 1895, gross,
55 miles Operated as a division o f the Little Miami, and is leased for $51,171; net, $5,735 ; interest, taxes, etc., $23,320.
99 years from December, 1869, in connection with that road, to the Pitts­
C u m b e r la n d
O h i o R R . — (See H ap L ouisville a Nashville.) —
burg Cincinnati Chicago A 8t. Louis, which pays 8 per cent on stock.
D ivision, Cumberland & Ohio
The lease is guaranteed by the Pennsylvania Railroad Companv. The Owns as f o llo w s S o u t h e r n Northern Division, Shelbyville Junction to
Greensburg, K y., 31 miles;
to Bloom Columbus A X enia pays 8% per cent dividend (% out o f assets) per Held, 27 miles. The Southern D ivision was leased to 'L. & N. Sept, 19,
^ arcB ^ au(* September 10 and 2 per cent June 1878, for 25 years, and the 7s o f 1898 guaranteed principal and inter­
est. The Northern D ivision was leased Ju ly 28, 1879, for 30 years to
C o n c o r d A M o n t r e a l R R .-O p e r a t e s from Nashua, N. H., via tlie L ouisville Cincinnati & L exington (now Louisville & Nashville), the
Concord, Plymouth, etc., to G roveton aud the White Mountains, 450 net earnings to be applied to interest on bonds and sinking fund. Interest
miles in all, (including Manchester & Keene, 30 miles, owned jointly on Northern Div. bonds was in default in 1893. On Jan. 21, 1896,
and 6 miles operated for Lumber Co.), o f which 35 1 1 double track.
1.
John A. M iddloton was appointed receiver fo r the Northern D iv is io n ;
L ease .—On June 29, 1895, leased to Boston A Maine for 91 the Louisville & Nashville will operate this division fo r aecoim t o f the
receiver.—(V. 62, p. 277.) In year 1895-96 net earnings o f Southernyears at rental o f / p. c. per annum on all stock. (V. 61, p. 2
D ivision, $11,453, against $14,601 in 1894-95; and o f Northern D iv.,
f « ? E|S !-T;T Balance/ heefc ° !
P
30,1896, V. G3,p. 700. The earnings gross, w ere $22,843, against $38,280 in 1894-95.—(V. 62, p. 277.)
C u m b e r l a n d <fe P e n n s y l v a n i a R R . — Owns from Cumberland,
Md., co Piedm ont, Md., and several branches, 57 miles. Owned and oper­
ated b y Consolidation Coal Co., which guarantees by eniorsein ent the
ttrst m ortgage. V 52, p. 390. Stock, $1,500,000; par, $100.
C o n c o r d & P o r t s m o u t h K i t .- O w n s Portsmouth, N. H to
C u m b e r l a n d V a l l e y R R . —Owns from Harrisburg, P a .,toP otom a o
rr
,N' oo’ 4 0 ^ “ H68- aud bniuch 7 miles. Leased to Concord River, Md., 82 miles (and with leased lines operates to Winchester, a
KR. In 1802 for 99 years. Lease, rental, $25,000; 7 per cent on stock.
total distance o f 116 miles). It leases—Cumberland V alley A Martin8C o n flu c lic e 4 O a k l a n d H i t . —Owns road from Confluence* burg Railroad, 34 miles; Dillsburg & M eohanicsburg Railroad, 9 m iles;
Pa., to Tough Manor, Md.f 20 miles; built in 1889. Leased to B. A O* Southern Pennsylvania Railroad, 21 miles; controls M ont A lto R ailroad ,
m ilt in 1889.
May 1, 1890, for 999 years, rental being iuterest on bonds. B. A 0 ‘ 18 miles, but accounts are kept separate; total operated, 165 miles.
belQ£ iuterest (
also agre to accept aud cancol $ 20,000 o f bonds per
agrees
men t o f freight on interchanged traffic. Bonds Nos 1 annum in pav- South Pennsylvania unfinished road, purchased in 1895. V. 61, p. 152
to 100 may be
STOCK.— Authorized, $2,000,000; outstanding, $1,292,950 com m on
called m first five years, balance in second five vear s. Trustee, Fi$241,900 first pref. aud $243,000 second pref.; o f this $975,800 com nance Co. o f Pennsylvania. Otuoiv is JpiiVU,UUU.
Stock 15 $200,000.
J
n o n and $237,200 preferred are owned by Pennsylvania RR. Co. Profit
C o n n e c t i c u t A P a a s n m p iilc R i v e r s R R . —Owns White River aud loss surplus Jan. 1 ,1 8 9 7 , $560,-133.
i
Valley',’ 3 7 ^ii. tU CaUillla LiUB- 110 m -i leasca for 999 years Massawippi
D i v i d e n d s .— In 1880 to 1884, 10 per cent yearly; from 1885, to
Jan., 1897, both inclusive, at rate of 8 per cent yearly.
L e a s e .— F rom
E arnings . - 2 m onths, ^ 18 97............... Gross, $105,859 ; net, $23,566
Lowell for 99 y e a ^ H U i
P a s t u .^ t o c t
Jan. 1 to Feb. 28.
[1 8 9 6 ............... Gross, 120,901 ; net, 35,237
and e percent
^
a,Kl G P ercen t t5 3 3 t a
October,-18,8 7 ’ *h» Boston A Lowell, carrying this road thereafter.? ° S
R eport fo r 1896 was in V. 64, p. 468. Earnings entire line as follow s:
v /
was lejisAii tn
Boston A Maine. Stock authorized, $3,000,000; outstanding, as in table
Year.
Gross
Net
Tut, etc.
Dividends.
B al..surp.
189b..........$802,395 $226,767 $42,813 (8 p.e.)$142,228
$41,096
Sf f it r[not included eS 9a,ne am ount outstanding] 1895.......... 889,157
^ ' o ^ ? ';e0oelJ m the
aa stock of
239,597
45,138 (8 p.c.) 142,228
52,231
essee, and $100,000 o
—V. 61, p. 152 ; V. 62, p. 5 4 6 ; V. 64, p. 4 6 7 .

l%12*;(W
WsSS&te ;a d "^ .)0 0 ; 1 la O’ 6 r lu:
n |
,0 0 ,a Ue up s

RAILROAD STOCKS AND

A p r i l , 18 97.]

49

BONDS.

S iib s e r ib e r a w i l l © o u t e r a g r e a t f a v o r b y g i v i n g i m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d i n t lie s e T a b l e s .
Bonds—P rinci­
RAILROADS.
ESTEREST OR DIVIDENDS.
Miles Date Bt2e, or
pal,W hen Due
Am ount
of
of
Kate P er When Where Payable, and by Stocks—Last ‘
Par
For eip lsii.ition o f colum n Leadings, Ac.. se« n o te
Whom.
Road. Bonds Value. Outstanding Cent. Payable
Dividend.
on t o t page o f tables.
Cumberland Valley—Stock ($484,900 is preferred).
82
l*r. and 2d ms., gold (2 d *1 0 9 ,5 0 0 due Apr, 1908.)
n.illiu Ferw i. By. * ! «<<m» i mp... 51. $ SOO.Ol >0. s - '
Danbury <t .Vorirof*—See S a w YO*R X kw H a v e s A H a
Dautan < Jfk-A.—Com. s f k (3% P-e. guar.C. H .A D .)..
e
Preferred 8 p. e. gn&r. C. H.
D.j endorsed*--...
1st mortgage, guar. p. AJ, end by V. H. & D — e 142
.
JEtotjfton Noel kerb—Stock, ^ 1 0 ,0 0 0 ,0 0 0 .-----...........
Dayton it Union—1st m o re , sink, fund m ot drawnjtIncome m ortgage bonds, sinking fu n d ................. r
Daylon a Western— 1st M .f guar. L. M. and C. A X .e
h
Belaicare—Stuck—6 p. e. guar, till 1898, P.W .AB...Oeneral mortgage, eer. A , for $2,000,000, gold.e*
Dti, it Bound Br.—Stock—8 p. e. gu. I'iiila. A Read.
1st m ortgage...... ............ ............................ ............. *
1st mort. on Trenton Br., 2d m a n . on main line.
Ikictteare J- Chexapeake—ls l M „ guar. p. & i , cur e
Delaware Jt lIutUoH Canal—S to e k ..............................
1st mort. on Pennsylvania Dlv. (§10,000,0 0 0 )t ir
Bluff Point Land Im prove. Co. 1st M.,gold,guar.e*
Delaware Lackm cmm a < Western—S tock--------. . . . .
£
Con, 51. now 1st M-Onr©aa & equip i810,000,000)o
Delaxare Maryland 4 n r y fn m —S to c k .------- -------- Junction A B.—1st m. to stattgrod. a f t J a n .’9 5 ..
Junction X Breakwater 24 m ortgage,...........— r*
Break. A Frank. 1st m. to State, red. aft. Ja n .'9oW orce-t-rR ls. 1st. >1. (matured Apr. l,".i<:igo!d.cDelaware <t A'etr England—T ru slc e rtitic a te s......
M m ware Mixer MIL # Bridge—
1st S t. * 1,300,00 , g old,gu ar. p.Ai.,Peetn. R B .c-

32
32
37
100
117
27
4
54

....
195
44
44
19
35
100
—

50
1,777,850 8 per an.
1856 500 &c.
270,500
8 g.
1895
1,000
6 «.
(1)
RTFOK D.
2,403,243 Slap, an.
50
1871
50
1,211,250 8 per an.
1,000
2,728,000
18S1
5
....
.........
1,000
1879
225,000
7
1879
1,0 *0
5,000
0
1804
1.0*0
495,000
6* 7
25
2,687,3*25 6 per an.
1892 500 &0.
500,000
4% g....
100
1.800,000 ,8 per an.
1875
1,000
7
1,500,000
187!*
1,000
a
300,000
l.o o o
1882
400.000
4
100 35,000,000 7 per an.
1877 l,000& c
5,000,000
7
1890
4 K.
1,000
300,000
50 26,200,000 7 p er an.
1877
1,000
3,067,000
7
25
520,758
1860
185.000
3
1879
4
1,000
250,000
1874
200,*X)0
3
1676 500 >ie.
400,000
4 g7,750,400
1896

1,000

1,300,000

Q .- J . Phila. & Chamhersburg. Jan, 1 /9 7 ,2 %
A. A O.
do
do
Apr. 1,1904-8
j . & j . S tX ouis, St. Lou.Tr.Co. July 1 ,1 9 2 5
A . & O.
Cincinnati.
A pr. 1, ’9 7 ,1 %
Q.—J .
do
Apr. 6, '9 7 ,2 %
J. A J X. Y ., Kessler & Co., Cm. Jan. 1, 1911
J. A D.
J. & D.
J A J.
J. & J.
J- A J.
q .—F.
F. A A.
M. A X.
P. A A.
Q—Melt,
M. * 8.
J. A J.
Q.—J.
51. A 8.
J.
F.
J.
A.

&
&
A
&

N.Y., Am. Exch.Jfat.Bk, Dec*. 1, 1909
A fter 1910
S. 5 Bank of America, .Tan. 1, 1905
D over, Co.’ b Office.
J a n .,’97 ,3%
Philadelphia.
July 1, 1932
Phila., 240 So. Third St.
Phila,, Guar .T. & S.D. Co.
Pliilii., Of., 240 So.3d St. May 1, 1899
Phila.,Broad St,Station Feb. 1. 1912
X.Y.O f.,21CortlandtSt. M ar.l5,’9 7 ,U i
do
do
Sept. 1, 1917
do
do
Jan. 1, 1940
N. Y „ 26 E xchange PI. Apr. 20,’97,1%
do
do
Sept. 1, 1907

J. Phila., Broad St.SH tion Jan. 1, 1932
A.
do
do
Feb., 1899
do
do
J.
Jan. 1. 1932
do
do
O.
Overdue.

4 g. F. A A.

Philadelphia. Pa.

Aug. 1, 1936

Omlta* T e r m i n a l I t ) . Ac U n i o n D e p o t * ,—Organized in 1804 j The Pennsylvania Division bonds cov er coal lands, collieries, rail­
all ro a f.-i e n te rin g Dalisra. T e x a s . | roads. canal, equipm ent and all oth er property in P enn sylvania
The entire line will h a re about I d mil*?* o f track. C onstruction begun • On Dee. 3 1 ,1 8 9 6 , loans p ayable were $1,800,000.
in August, 1895, mm i in January. i806» five miles were ready for ! A v s ual R eport .—Fiscal year ends Deo. 31. Annual m eeting is h eld
operation . B ega n o p e ra tin g S e p t. 2 5 , 1 89 6 , A u n ion s ta tio n Is to b e j on the second Tuesday in May, Report fo r 1806 was in Ohro vio le ,
built. I t Is mtm e le c tr ic io o o m c tiv e ^ w ill b e used. T h e St. L ou is T ru st f V. 64, p. 370. See also editorials p. 213 and 349. Coal (anthracite)
0&4 Is th e m o rtg a g e tru stee. F r e s ld e a t is W . G . C on n or.
carried in 1896, 5,8 35,6 2i t o n s ; in 1895, 6,151,147 ; in 1 8 94,5 ,751 ,D a y t o n Ac y t i c i i i g a n . —<&«€ M ap Oinginm&ii fla m U b m st JMtylaftd \3 8 6 ; in 1893, 6.177,659.
—Owns D a y to n , O ,, t o T o le d o Jtiae.. O ., 141 m iles, -cud tautest Desb* j T m r ending Dee. 31.
1896.
1895.
1894.
1893,
to forn U h term in al facillti©-1 to
*

itr'fD F in d la y, 11 m ile*. T ra ck a g e {L a k e Shore'} in to T o le d o , 1 % m iles,
lMJt.m-.-~L eased M ay 1 ,1 8 8 5 , in p e rp e ta lty t o C in cin n a ti H a m ilton A
Dayton. B e s t a l is t m in terest a n d sin k in g fu n d o f d e b t, a n d $ p er
cen t on p referred s to c k a n d 3 % p e r c e n t o n e o m m o a .
Sscc& iT lks-'—G u a ra n ty on p re fe rr e d is g e c a m i b y m o r tg a g e o f 1871*
hat the p re fe rre d esrrte* n o v o tin g p o w e r . V . 5 8, i». 8 1 3 . M ortg ag e o f

j
j R ailroads....... . . . .
\ M iscellaneou s...*

10,201,634 10,129,082
566,584 1,321,157

9,448,993 10,212,412
755,074
520,258

j
T o t a l .........* * . $19,546,413 $19,819,618 $18,068,221 $20,672,318
j
Net..........
$-1,952,644 $5,442*895 $5,538,673 $0,622,187
1856 is held aii%'e under m ortg. o f 1981, which to therefore a find lien. j InL ,taxes A rentals.
3,087,631
3,078,492
3,319,960
3,407,637
■ . ■
T m t a Pinna branch. 8 m it e l, were $1,877,*195; net, $<160,391; in- I B a la n ce fo r stuck. # 1 .7 6 5 ,0 1 3 $ 2 ,3 6 4 ,3 9 3 $ 2 ,2 1 8 ,7 1 3 $ 3 ,2 1 4 ,5 5 0
tmmt, $138,400: divw etids, •$180,788: h a t. sarplns, §340,403- In f D iv id e n d s , 7 p e r et. $ 2 ,4 5 0 ,0 0 0 $ 2 ,4 5 0 ,0 0 0 $ 2 ,1 8 7 ,5 0 0 $ 2 ,1 0 0 ,0 0 0
ISSS-Sd, gross, §1,504.100, Current liabilities Ju ly % 1804, $052,453. j
—<V. 6 4 , p . 5 4 , 8 2 , 181 , 2 1 3 , 2 3 1 , 2 3 4 , 3 4 9 , 3 7 0 . )
© a y t o n :\ «> rtlie m Itjr,-—Incorporated in l i r a , 1800, and p ro*!
f t r i a w a r e t a r k a u a i i m i A W c w t e r t i I t H , — R o a d — O p erates
: Jeetsa from Franklin meiur D ayton, €>j to Lima, T o connect at
Franklin wish “ B ig F o u r ” and C m . J a c k . A M a ck in a w an d til Lim a >main line from Hoboken, X. J., opposite X. Y. City, to Buffalo, X. Y „
409 m ile#, w ith b la n ch e * to c o a l region,, e t c ., 4 9 2 m iles, I n c lu d in g :
with Lima Xortbern, Capital s to o l § 10 ,000,0^ 0, Xneoria»rator» arc
MU&m. { L in esIta seth —If S ee o n e h c o . M iles.
James B. Tbarnsentl, W* B. Ititehie, C. ML Haskell Kdw&ni It. Ttismas, • L in t s o w n td —
N. J . S ta te lin e t o X .V . lin e . . . . 1 1 5 { ''S y r a c u s e B in g. & X . Y . . . _____ 8 1
f W .0# B row n and J , H. Mtnorne,
B pn eh e# toX h rtlitiin berl*n d ,A c. 8 0 1T u t lo a C h e n o iig o A S u a ( i......* 1 0 5
D a y to n A tla lo tt ,« —
Owns from D odson, 0 ., to Union City, fnd,. |
L in e s leased—
j r V a lle y H R. o f X . Y ...............
12
32 ames.; teases D ayton to
15 ntllee; total operate*!, 47 tnlle», j
I Operate® by Cleveland Ctneiunati Cbleago A Si* Louis, which, join tly , T M orris A E ssex and b ra n ch e s. 157 | *'W a r r e n . . . . . * * , . . , . . . . . . . . . . . . . 18
with the Cincinnati Hamilton A D a y ton , o w n s the ca p ita l stock, *TX,Y. L a ck a w a n n a A W e ste rn .2 14 j S u sse x , A c . . . . . . . . . . . . . . . . . . . . . . 5 0
■
ns<|iichnnna . . . . . . $ 4 ;
— -*
i T m ssse o f 1st, m o rtg a g e {in Juno* 1$£MM Central T re st A 8. D, Co, o f \* C ay u g a *%8
T o t a l o p e r a t e d ... . . . . . . . . _ 9 0 1
_
Cincinnati. Ai) surplus earnings over Interest gixm to a sinking fund |y o -sw e g o Sc S y r a c u s e .. . . . . . . . . . 3 5 I
for the redemption o f bonds at not above 100. Capital stock, $86^800.
IlisT O R i , ETC.—Thl# is o n e o f the m o e Im p o rta n t o f th e a u tlira cite
ill
eo a l roa d s. X o suhm oxnpanie* (co a l and m in in g ) a re c o n tr o lle d , th e ra il­
For year asding' Oct. 31, 18
, $44*586*
$19,7 0 4 ; ha
■*©,$148,813,
ro a d o w n in g it* m in es. O riginal c o m p a n y ch a rtered in 1 849 ; preeextt#24’,802. In 1
0 a y to *i Ac
l i l t * * * wim from _Dayton* €),, to State line, Utte m m m m l m 1 85 3 . Its le a se d lin e s are m o stly held u n d er lo n g
—
l fro
.diroond, Ind.
from Jan. 1, leases, a n d th e sy ste m Is ootitpaoL In 1 8 0 4 re p re s e n ta tiv e # o f t h e
latL, 47 mites, and immm 4 mile* fc . liichm c
to Little Miami, and so operated V an d erb ilt* e n te re d th e d ir e c to r y . S ee V. 5 7 , p . 721 .
1965, for 99 years, renew able fore
by Pttteb. Ciiu Chic. \ 8t. te u b ,
ter terras » f the tease, upon pay*
D m nR N t*#—
1 1881
*82**84
’85
’86t o A p t , ’ 9 7
rn e r S in ce 1 88 0 , p. &
meat o f the D. A IV. borate the t Jtsfc s Miami will b m o m note
< 6%
8y e a rly
7%
7 y e a rly .
|o f the O* A W. O f bond* $32,000 a
D k x k x a l P l » ajsok#,—O n J a n , 1, 1 897, efudt o n ha n d , $ 1 ,1 3 0 ,5 8 7 ;
D e la w a r e It It .—Owns from Ik ware J unction (Phi!
Film. A Bate c o a l o n h a n d , # 2 ,4 0 9 ,9 2 3 ; a d v a n ce s to le a se d ro a d s, $ 0 0 5 ,5 8 4 ; ao*
m, 22 miles, co u n t# re c e iv a b le , $ 3 .6 0 1 ,9 3 2 ; to ta l, $ 8 ,1 6 6 ,9 7 6 ;. a cco u n ts p a y a b le ,
i
i ttn on ), Del., to Deijoar (Maryland re), 95 m ites; teWb
Leaned till 1897 to the Phila ilphlA Wilmington
$ 9 ,0 3 5 ,8 8 3 ,o f w h ic h $ 3 ,2 8 7 ,6 s 0 w a s p a id in J a n u a r y .—'V. 6 4 , p . 2 3 1 ,
which owns #1*364.675 o f the *te
n stock and
Rental, 6 per eae
E a r n i #0 # .—T h e teatril lin e s In X e w Y o r k S ta te (o r fiscal y e a r e n d in g
fla g rental, J u n e 3 0 ,1 8 0 6 .* D ross, $ 8 ,8 2 7 ,8 4 8 ; net, # 4 ,7 1 0 ,8 2 8 ; baJLanee, surplus*
, Interest on bonds; any *urpu*a o f »<?
' im* after
iditj O sw te r 31,
Id
j divided fin a lly between l w « '« an 4 ie*
o v e r In terest and ta x e s , # 2 ,2 0 5 ,0 0 8 , a ga in f t s u rp lu s, $ 1 ,8 8 6 ,7 6 6 in
a, #502150; 1 895 m id $ 1 ,3 4 0 ,8 2 6 in 1894,
1886* grass. $1,296,359; net, $166 ,2 0 9 ; in te r
kdf
‘ dividends, #161,240; balance, surpl m fo r year,
l a 1894-95
A w m * h R grofirr.— P is c a l y e a r end# D ee. 31, A n n u a l m e e tin g 1# h eld
$t<m, $1,259,129; net, $428*447,
on the T u e s d a y p r e c e d in g th e last- F rid a y In F e b ru a ry , T h e r e p o r t fo r
D e la w a r e Sc H o u n d t l r o - o h Owns from. Bound R:; k fC entral I 8 6 0 , w ith b a la n c e sh eet, wa** in € m « o n ic i , w, V, 6 4. p. 231 . T h e f o l ­
o f New Jersey) bo Dedawara Itiver, *27 m Iteg.
i t o T ren ton , 3; lo w in g in clu d e# a ll Hue# b x c a p t S y r . B in g h ’ to n & X . Y . ana S u sse x H R .:
sebbuil track 27 i ttm ; all truck 73 mltet* In Mt
m
7 9 , lease*! fo r 0 9 0
T ea r end. D ee. 3 1 .
1 806.
1895,
1894.
1893.
years to Phlladet fdiia A Reading RH., the l
ag iainreat and 8
per ctssii on stoc?k; In ' mmm
Phila, A Heading P a ssen ger e%ru’ * . .. ..................... $ 3 ,4 8 0 ,6 9 1 $ 3 ,5 5 0 ,5 0 4 _$ 3 ,8 2 0 ,9 0 8
Coal f r e i g h t . . . . . * . . . . . . . . . . . . . . ) i a 707 * 7 t o uiii 0075 1 0 ,9 4 9 ,5 3 3
59 1 8 ,2 6 1 ,9 3 7 ( 9^90334
0
Mallm-fi#, Rentsit #27$ fC M
K ),
M d «« A m is c c !......... *................. . | 48,< 8 7 ,5 7
D e la w a r e S t ln t a p c n k p I t y „ —Clay tun, 1
c,
o O x fo r d , M d „ 54
collar Phila. Wlira- k B a ltf. own* all ib*
Kb0 0 0 ), and oper
. . . . . . . . . . . $ 2 2 ,2 7 4 ,2 7 0 $ 2 1 ,8 1 2 ,4 4 1 $ 2 4 ,1 6 7 ,2 7 5
*Mt ih© line* muirar»te#iaf th© t e n th pfir.nr
teres r. E arning* Coni re ce ip ts, e t c .......................... ..
2 1 ,0 2 7 ,6 3 9 2 1 ,2 4 6 ,4 2 1 2 4 ,6 2 3 ,6 9 8
itot fe c r ending ChrL 31, i %m. %tm*. # 119^363;
$28,774; int. ami
taxes, $20,230; balance* rurpin.**, #-$,541.
total gro ss r e c e ip t s .$ 4 1 ,2 0 6 ,3 5 2 $ 4 4 ,2 0 1 ,9 0 9 $ 4 3 ,0 5 8 ,8 0 2 8 4 8 ,7 9 0 ,9 7 3
D e la w a r e Sc I I n c l a o ii C a n a l
r
M
Map. ■Owns canal from R E . o p e r .e x . Sc tux. t
....
i 1 3 ,8 3 4 ,4 2 0 1 4 ,0 4 5 ,3 9 8 1 6,4 7 9 .7 2 9
Eojkkaj, x . Y.f t«» _iiou eela le, P a., 169 m
\
fled In 1 8 2 8 0 a n d M ining, &c-. e x p
e u
14 \ 23 606,580 2 1,3 0 3 ,7 9 7 2 4 ,0 5 7 ,8 4 3
,
Ioperate* railroad line* ewte idlojr from Wt
Pa.* via Albany,
h, Y „ to Braise*■ Point, on
»
Yet re ce ip ts.....
le*. 68-5 m ilm in
6 ,7 3 0 ,9 7 9
6 ,7 6 0 , POO
7 ,0 4 9 ,6 0 7 8 ,2 5 3 ,4 0 !
all* The system is well 9% n tm um ad tel
o%
a n d in c lu d e # :
internet and rentals.
5 ,4 0 0 ,2 3 9
5 ,4 0 6 .2 3 9
5 ,4 1 2 ,3 2 3 5 ,3 6 0 ,4 9 0
1 ,8 3 4 ,0 0 0
1 ,8 3 4 ,0 0 0
1 ,8 3 4 ,0 0 0 1 ,8 3 4 ,0 0 0
him *owned —
M ilts
Mn
Milm. Dividends (7 p. e> ...
iLaokawaniiii k. Smunieh *un
*1 2 i\r A lbs f S 8 tue)ranis ii
*
i. i
.1 4 2
Balance after dJ vs. .def.$509,26O df.$479,339 d f.$196,050 sr .$ l,0 5 8 ,9 1 1
Valley P.R. of P a .................
1
17 • N ew Y o rk 4E ( tanaw in ...
w ratfty R E ..... .................
5 6 j %Item s ia e r« Sarai t o m .
.1 9 2 —IT . 0 3, p . 2 6 8 , 8 7 9 ; V . 0 1 , p. 18.1, 2 3 1 , 4 2 8 ,?
k
■
Scheaectady A Meehanievii
10 j f; lltth m i t i ; .
. 22
D e l a w a r e J i a r y i a n d Sc V a . —^ ce S u p p l e m e n t o f O c to b e r , 189 5 7 Cherry VaL Sharon A Alba
21 ! e
o n R E . l tr-i*.*;kft ir«a)-, •- ■. 35
Wet a w a r e B l v e r K i t , Sc flr ld g r e t*o.—O w n s a bridge over the
14 i Otixei u W * |
.
4
D elaw ate E lver near Philadelphia and about 10 m iles o f eoim eetiug
railroad. Capita! su*ek <$i,3QO,tX)0) is all ow ned by the Pennsylvania
Total operated....*
.6 8 5
HR., which guarantees the bomhi, principal and interest, by endorse­
Also leases Utica C
Bteigllittuton i m d B*?m© * C lin ton KB. m ent on each, Sin king fund l« one per cent, but bonds cannot be
4-4 miles, sub-let* to No
rate i Sc Wmstem .
called. See description of bond# and guaranty in Y. 63, p . 1062.
M tm m t, etc .—
-Thr­ 7t»pa
i eh after©* l A prll 7 , lg 123. : t 1
r
*
ISOEX.—V. 63, p. 153, 101 i, 1002,1159.
one of the largest mi
RF« t anthi
m cm L
D. 4k a .
ow ns $3,0 00 ,0 0 0 prof.

0 .6 4»Otlan:tm i
0 a©J

Ktttl

i RE.
.

.4 k
*toe

. , , , v *q
rt.. ’ 85. m . *b 7, *§§,. fS 9 t o *m . *97,
"Sincef8o, P.o,____ (4 % 7
> it,
.^■60, p.
Di viriends r,,r 1897 fixed at
•'
ifly, ( t . 6 4 , I*. 8 2 .)
iW a h i a q u a
BOXJW.—Adiranda !k 14a Sin d t»«
*v tinr Oin b>ra«d g u a r a rite*
of the D. & U. as to
up
H trant: V*1 pun.f . In ■mm
e*-*
*n
tsd i
$1,000,000 New Yos

eed—see that com p

In d*

IM

»u < e«l a nd gntiiran-

D e l a w a r e S u M j i i c I i a n n n Sc S e h i i y l k . i l ! l i f t , - O w n s m ain lin e
fro m D riftott, P a ., t o G o wen, P a , 31 m ile s ; b ra n ch es, 17 m ile s ; t o ta l
o w n e d , 48 m ile*. T ra ck a g e — L oh ig h T a lle y R E ., e tc,, X35 m ile s .
O p en ed F eb. 1 5 ,1 8 9 2 , T h e ro a d l« c o n tr o lle d fey C o x o B r o th e rs & C o .,
th e c o a l m in ers. D r v i o e v m O et. 1 8 ,1 8 9 2 .4 0 p . c. In c a s h ; N o v . 2 5,
1 893, 2 0 p , , in e m h arid 5 0 p . c. in slock; S ept, 2 6 ,1 8 9 4 ,
% p, c. in
ra th . M o rtg a g e tru stee is T ru st C o, o f N orth A m e r ic a , P hila d elp h ia .

0

26

E a r m s o s ,—Fiscal year cuds June 30.
In year 1895-96 gross,
#1,218,452; net, $194,002; charges, #41,772; in *94*5 gross, #1,240,106.

INVESTORS’

30

SUPPLEMENT.

[VOL. L X IV ,

O tt,

MAP OF THE

e

DELAW ARE & HUDSON
CANAL COMPANY’S

Coteuuy

\s
. J°*>n

RAILROAD & C AN A L SYSTEM.

S t.Jo h n st

\N

?

*
■

ID

/S u tto n Jc. <

*1

!l u _p x .,
!!'s K

Newport

a,°oe

/.CHAZYV

.
.» -CH
>2Ttt
Beokmantowii¥ C^iaSS.^St.AHJvw
PLATTSBURGf
^ C am bridge Jc
Djiunemora^

U C
JR
3GDENSBUR' ^A

St-Johnsbury

S

a m

m

. <

! f f i S

/charlotte

!V
Elizabet luown o- -- *A r**
~
"

° c sJ £ F Z

Tuppcr l . .

c L

pELiLR

»>

M ontpelier Jc.\

i-rr„,
Mej-gennes

Wells River V

MOUNTAINS
L oikjJL.

7 * .*

,e-<n

^ bor

Fatter^

Slartineburg
NORTH CREEKi

^ Sundy Or.

H
itnain

\ P it t s fo r d

V in - y r .'-ff R t * '''’''

BIV ERS lip

W hite R.June^>

1. V RUTLANH

5 R ichland
W in d sor ^

▲Oswego

.L u d lo w

V s
C V >
^

«

Trenton Fs.\

Sa“ “ iaZ},

A

/R o m e /

3&V 1*^

TnA

^os‘o,>-h

^ R ich field Jc.
^
v Richfield
DSprings

f i.

S en n in gton
B r a ttle b o r o i

® c " e /je

D H E R R Y V A I I ^ V r t ----- ^ S c W
C oop erstow nM
New Berlin

iE BRIDGE ^

naN^o s

*& *«-

0(/^

"TROY

^

(

(

-o
Vy
ly>'< ^

South Vernon*!
•■Letoout .

g. QX
\ ftT

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^

C oy em an sJc.y
q S tam ford

oP ra ttsv ille
H obart
A n d e so
/
H u n ter c
C a t jk illy ^ /g ^
alton
__ ^
/ " '" f ’alen V. t
Su m m iF0 '< ^ Jp .

Delhi ■‘'C.

I^Xndsor
f
‘ z z y

. ^TQ '

\ \\fc.

)% /

_ V \ V '°T

i
M ontrose 0

ijUStamiccin Hancock
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RAILROAD

A PRIL, 1897 J

STOCKS AND

BONDS

51

]

Bonds—Princi­
INTEREST OR DIVIDENDS.
R A IL R O A D S .
M ile s ; D a te
pal, When Due.
8f e ro r ! Am ount
of
of
Rate Per When Where Payable, and by Stocks— Last
F o r exp la n a tion o f colu m n h ea d in gs, A c , see n otes
R oad .i B on d s Value. ;Outstanding
C en t jPayable
Whom.
Dividend.
on t e s t p a g e o f tallies.

M a t r o n Suit). <t S. B S .—S to c k (auth- $ 1 ,5 0 0 ,0 0 0 )
....
1st m o rtg a g e b o n d s ($ 1 ,5 4 0 ,0 0 0 ) g o l d . . . ......... e*
48
D en ison 1- North,. R y ,~ R e e , v e r’ s e e r t.,$ ll,O O O p .m ............
D ou rer Leadi-tile <f G u n n ison — l e t M ., g o l d . . . c a r
----D enver d R w Grande—S to c k , c o m ,, $ 4 5 ,5 0 0 .0 0 0 ) .............
P ref. s to ck , 5 p er ce n t n o n -ca m . ($ 3 8 ,0 0 0 ,0 0 0 )................
1 st rnort. $ 1 ,0 0 0 g o ld o r £ 2 0 6 s ta t in g fu n d , .e '& r 2 95
1st c o n s o l m o rtg a g e (fo r $ 4 2 ,0 0 0 ,0 0 0 ) g o ld . 6*AT; 1,621
Im p ro v e m e n t H urt. ($ 5 ,0 0 0 p e r m ile) g o l d .. ,o*Ar 1 ,621
D a M ainer < F ori Dodge— C om m on s t o c k ..............................
£
P referred s to c k ..................................................................
—
1st M. I)es M. t o Ft. D o d g e , Series A , t n t ,g u a r .,e id
83
1st m o rt., S eries B , In com e, int, g u a ra n teed , en d ..
88
1st m ort. o n extern . T a ra to R u th v en , int. g u a r ..
56
D a M oin es 4 K a n sa s 6 'i r v - s t o c k , $ 1 0 .0 0 0 .0 0 0 . . .
112
1st M. fu n d in g an d im p . ($ 2 ,0 0 0 ,0 0 0 ), gold . ,e -A r
112
.Dm M oines N orth ern J W.— i s t M . $ 5 ,4 1 5 ,0 0 0 , gold. < 150
Des M oin es U n ion —1 st M . f o r $ 80 0 ,0 0 0 . g o ld ....... O
’
2 .7
Detroit B a y C ity <t A lp .— S ee DETROIT & M a CKT s a c ,
Detroit G rand H a r m £ M il.— 1st eo u lp . M , g n — c * ! 1 8 9
OonaoL m o rt., gu ar, b y O r . T ru n k o f C a n ,.........e ‘
189
Detroit H illsdale <t S. IV— 8 f k ,4 p. c. r e n fl.L .3 . AMS.
05
D e tro it G rand R a p id s d W estern—
C om m on s to c k .............................................. ................................
P re fe r re d s to c k , 5 p e r c e n t ................. ...................... i —
Ion ia Sc L a n sin g 1st m o r t., e x t . in 1839, g u a r e"
55
le t co n so l, m o r t , $ 6 ,0 0 0 ,0 0 0 , la w fu l m n e y .,.o * j 3 5 0

#50 ; $ i,5 0 o ,o o o See text.'Seetext.
6 g. A. A 0.
600,000
35,000
6 ' ! .......
1 ......... - 2,308,000
4 ’ag. M. A K.
100 38,000,000
100 j 23,650,000 2 In ’96..............
1500 Ac,
6,382,500
7 g. M. A N.
;500 Ac. 28,650,000
4 g. J. A J.
500
8,103,500
5 g. J, A D.
100
4,283,100
100
763,500 See text. August.
1,000
1,200,000
4
J. A J.
1,000
1,200,000
2>s J. A J.
1.000
672,000
4
J. A J,
100
800,000
5 g. J. A J.
1.000
See text.
1.000
2,902,000
4 g. J. A J.
100
569,000
5 g. M. A If.

1 3 9 4 ! 1,000
1 896
.........

1871
1 88 6
1838
1 87 4
1 87 4
1 881
1 892
1 395
1 88 7
1873
1878

1869
1397

D rlfton, Pa,
Sept, 2 6 ,1 8 9 4
Philadel., Co.’ s Office. Apr. 1, 1909
N l w York.
-

Nov. i , i9 1 8

Offlee, 47 Wm. St., N. Y.
N. Y ,, Fourth Rat. Bank,
do
do
do
do

Jan.15,’971%
Nov. 1, 1900
Jan. 1, 1936
June 1, 1928

Chicago, C. R. 1. A Pao.
N .Y.,Chie.R.LAPao.Co.
do
do
do
do

Aug.
Jan.
June
June

1,
1,
1,
1,

1S96
1905
1905
1905

Jan. 1, 1932
N .Y , MetropoT n Tr. Co. Jan. 1, 1915
N. Y., Central Trust.
Nov. 1, 1917

1,000
200 Ac.
100

2,000,000
6
A. A 0. <N.Y.Ag’ oy Bk. C om .,) Nov. 14, 1918
3,200,000
6
A. A O, \ Canada A London. \ Nov. 15,1918
1,350,000 4 per an. J. A J. S . Y ,, Farm. L. A Tr. Co. Jan. 5,’97,1

.........
...... f
1,000 !
500 Ac.

2,510,000
3,183,440
770,000
3,913,168

5
4

J. A J.
A. A O.

See text.

Ju ly 1, 1899
A pr. 1, 1946

P e n i n u u & \ < i r i h e r n K > . — U n d e r c o n s t r u c tio n in J u ly , 1 89 6 ,
O t f i c b b s —P r e s id e n t a n d G en . M an., E . T . J e ffe ry : T re a s ,, J , W . G ilfro m D o u g h e r ty , I n d . T e r., o n th e G u lf C ol. 4 S an ta F e , t o C o lg a te , lu ly ; S ec., W illiam W a g n e r; C o m p tro lle r, S te p h e n L ittle . O ffice, 4 7
Bad. T e r., a n d D en is on , T e x ,, 104 m iles. In S la y , 1 8 9 6 , R e c e iv e r W illia m S treet, N ew Y o rk . (V . 0 3, p. 2 2 5 , 3 8 4 , 3 9 7 , 4 0 3 , 7 5 4 , 838 ,
M oran S c o tt w as o rd e re d b y th e C ou rt t o b u ild th e ro a d , iss u in g 1009.1
th e re o n n o t e x c e e d in g # 1 ,1 4 4 ,0 0 0 r e c e iv e r ’ * ce r tia ca te * at $ 1 1 ,0 0 0 p e r
D o * I I o l n o * A H u r t D o d g e . —O w n s D ea M oines to F ort D o d g e , la .,
m ile, i n A u g u s t, 1390. 2 5 o u te r o f g r a d in g a n d b rid g e w o r k b ad been
d on e. A m o rtg a g e t o th e T itle G u a ra n tee A T ru st Co. o f C h ica g o w a s 8 8 in ..a n d T a ra to R u th ve u , 55 m ile s ; tra ck a g e . I llin o is C e n tra l, T a ra
a u th o ris e d i n 1 8 9 5 , b a t th e e n te rp ris e w en t in to r e c e iv e r ’s h a n d * b e ­ t o F o rt D o d g e J u n c tio n , in clu d e d a b o v e . L eased J a n . 1 ,1 8 8 7 , t o C hic.
fo r e m u ch w o r k had b e e n d o n e
See e d ito r ia l V . 6 2 , p . 9 2 8 ; ( V. 6 0 , p . R o ck Isl. A Pae. fo r 18 year* a t ren tal o f 3 0 tier ce n t o f gross ea rn s., w ith
a gu aran tee o f 1 p e r c e n t interest on the first m o rtg a g e and e x te n s io n
928 ; V- 6 1 , p. 4 7 0 , 871 ; V, 6 2 , p. 4S 6, 9 0 8 , 9 2 8 ; V. 6 3 , p. 357 .)
b o n d s, and 24a p e r ce n t p er annu m o n th e Incom es.
D iv i d e n d s .—O n
D e n v e r L e n d v i l l e Ac ( i u n n l w a , —A n a r r o w g a u g e ro a d from p re fe rre d in 1 89 3 , A u g .. 2 p. e,; 1894, A u g ., 1 > e .: in 1 8 9 5 , A u g .,4 p .o .:
.
D e n v e r to L e a d v ilie , C o}.. 151 m ile*; C om o t o B a ld w in M in e, 131 m ile s : m 1 89 6 , A n * ., 0 p. c. R en tal in y e a r e n d in g D e c. 3 1, 1 89 5 , was $ 1 4 ) ,bra n ch es, 4 3 m iles; tota l, 8 3 2 5 w ile s. T h e b o n d s w ere d e p o site d to 5 2 3 ; fo r 1 894 was $ 1 3 2 ,3 7 2 ; f o r 1393 w a s # 1 3 8 ,1 9 2 ; fo r 1 892 w a g
secure # 2 .0 3 0 .0 0 0 C n io n P a elllc 4
p e r c e n ts o f 1 88 9 , w h ich a re r e p ­ $ 1 4 2 .0 7 7 . V. i l l . p . l 9 5 ; V. 6 3, p . 29,
resen ted b y th e fo llo w in g co m m itte e : H e n r y B a d g e . 2 6 B roa d St.,
B e * V I o l n e * A K « n * » « C i t y K y . —lie s M oin es, la ., t o V an W ert,
R. V .; C h a rles A. P e a b o d y , J r ,, a n d H e n r y D e C op per; ail b u t # 5 8 ,0 0 0
o f the 4 % s h a v e b een d e p o site d w ith thl* c o u im lt tic . R e c e iv e r is 7 2 m ik --. sta n d a rd g a u g e ; V an W e n to C a ln sv ille , M o., 10 m ile*, 3 ft.
F rank T r n m b a il, a p p o in te d in A u g u st.
, A n o rd e r » t sale w a s gauge*, i V, 6 3 . p, 879.1 E n tire s t o c k an d b o n d * p u rch a se d in D e c e m b e r,
applied f o r in D e c ., I i # 5 , b a t te m p o ra rily re fu se d in J a n ., 1 896, p en d ­ 1 8 9 5 , b y the K eok u k A W e ste rn . V. 6 2, p. 680 . U n d e r th e m o rtg a g e
ing settlem en t o f U n ion lA e t M c r r e e a b it U ,e t c . in y e a r 1 8 9 5 -9 6 , g ross , fo r $ 2 ,0 0 0 ,0 0 0 (M assachu setts S a fe D e p o s it C o., tru ste e ), $ 1 8 0 ,0 0 0
$7.17,871; n et, $ 1 0 9 ,3 4 5 , u g ain rt $ 5 1 ,0 1 0 in 1 8 0 4 -9 5 ; o th e r In com e b o n d s w e re p le d g e d a* c o lla te r a l fur n ote* giv e n f o r n e w e q u ip m e n t,
r e p a ir s ,e t c .—the a u tb o rlx e d Issue !« $ 8 ,0 0 0 p e r m ile o n n a rr o w g a u g e .
$ 2,9 55 ; t o ta l d ed u ction *. 3 7 0 .2 7 7 ; b » L , *ur.. $ i2 .0 2 3 .-~ < V. « 3 .p . 1 3 9 .’.
$ 1 0 ,0 0 0 p e r m ile o n broad, g a u g e ro a d . O n J u n e 3 0, 1 89 5 , lo a n s and
D e n v e r dr H i e O r a i n i > I t i t See Maps—S oA D —T h e lines o f this hill* p a y a b le . $ 69 8 ,4 5 1 .
ootap a n y, w e ll s h o w n o n th e a d jo in in g m a p , rea ch all th e Im porta n t
i: i k m s i - ;* .- F o r y e a r e n d in g D e o . 3 1 , 1 8 9 6 , g ro ss , $ 1 1 8 ,5 7 5 ; net.
point* in C o lora d o, w h ile Its sta n d a rd g a n g * lin e fro m D e n v e r v ia P u eb lo
w esterly, v ia L o a d v ille a n d @ t » o d J sn ctfe tt, l o o n * a M *k in th e tra n s­ * 1 3 ,5 0 7 . in 18 *5 g r o ss , $ 9 8 ,2 0 2 ; net, # 2 4 .2 0 7 . V . 0 1 , p . 106-1; V. 6 2,
p. o.io-, V. 0 3 , p . 8 7 9 .
co n tin e n ta l ro u te to O gd en, S alt L a k e C ity , A c ., in c lu d in g :
D e s n o l n c * N o r t h e r n A W e s t e r n I t I t . —O w n s fro m Den M oin es
Mdesi. |
M ilts.
t o F o n d a , Io w a . 1 1 5 nrile*. an d fro m C liv e (7 m ile * fro m Ilea M oin es)
R oad o w n e d an d o p e r a t e d .. 1 ,5 8 6
O f th e precediug".
t o B o o n e , 3 5 m iles; to ta l, 150 m ile * —all sta n d a rd . In A u g u st, 1 8 9 4 , a
R io O r. i e . tU L .rt-). (le a n e d ).
6 2 i S ta n d a rd g a u g e ........................ 0 8 2
c o n tr o llin g Interest wa* a cq u ire d t»y C h fea go M il. & St. P a u l, w hich
Leased to R io Grande W est..
13 j
({O f which 396 is 3<1 rail.)
w ill o p e r a t e tie- ro a d **p*r»taSy. V. 5 0 . p. 2 2 8 . S u cce s s o r o f R a il wag
-------- 1 N arrow g a u g e o n l y . . . . . . . . . . 981
T otal J a n e 3 0 , 1 3 9 6 ............. 1 ,6 6 0 |2 d tr a c k and sid in g s .............. 357 •Old In fo re clo s u re D eo. 1$. 1894. C ap ita l s to c k Is $ 4 ,3 7 2 ,5 0 0 ; p a r
$ 10 0 . T a e first m o rtg a g e tru s te e , M e tro p o lita n T r . C o., N, V.
T h e f . P. D e n v e r A G u lf uses D en v e r A R io G . t r a c k - from W aisonE a r n i *<;*— 2 m o * .,
v 1 8 9 7 ..............g r o ss , $ 0 2 ,3 6 8 ; n ot, # 1 5 ,0 0 1 .
tm rg to P u e b lo , 5 7 m .. a t a t e e th ) o f # 9 5 ,0 0 0 p e r a n n u m . —V . 6 1 ,p . 4 2 1 .
J an . ! to IN I) j . n,..», 7 1 ,1 6 4 ; nut, 2 6 ,2 2 4 .
lit* t o n r. - r>»irx»nUt»Uo!s o f a ra ilw a y c o m p a n y o f sa m e n a m e fo re ­
F o r y e a r e n d in g D ec. 3 1 , 1S96, g r o ss , $ 4 4 2 ,2 5 5 ; n e t $ 1 3 4 ,5 1 0 . In
clo se d J u ly 1 2 .1 8 8 6 , T he R io G r a n d e J u n c tio n 1* leased J oin tly b y 1 8 9 3 , gre>s*. $ 3 8 0 ,3 6 6 .
thi* co m p a n y and th e C o lo r a d o M id lan d , and it* b o n d * gu a ra n teed . In
In y e a r en d ed J u n e 3 0 . 1 8 9 6 , gross # 4 4 4 ,0 3 3 , n e t, $ 1 6 1 ,2 1 9 . In
J u ly , 1 89 5 , the R io G ra n d e A Bantu F « i fo rm e rly S an ta P e S ou th ern ),
r
m . #201; rliargc",
SStnile* to a d , M
a c q u ir e d la in I c r e s t o f D en . A R io o . —V. 6 3 . p- 403 ,
*120.1110. lt o la n .e , d e fie lv * 2 5 .0 3 1
P r f l d e n t . F. M. H u b b ell. De*
Dm i>&*t>» s in ce T O ) 1891 1 89 2 1 89 3 1 8 9 4 1895 18U6 1897
Molur-s, la . (V . 5 9 , p. 7 3 8 , 87!), 9 6 8 . 1103,)
<m p r e f p e r . c e n t _____{ 2 Hi
0
2
0
0
2
B elow .
D us V fo t n c * D n lo m .—A terminal road, 5 mile* in length, to Dea
On p re fe rre d In 1897, J a n ., 1 p e r c e n t .
B og® *.—C o u p on s o f th e first, mortgage seven* are p a y a b le a t o p t ion o t Mol nee. 1teased to Wabaah RR., C U eago (treat Weatern and De* Moinea
X. A W. Rental equal to expcnxe* and fixed charge* paid m onthly by
holder cith e r In S . Y . C ity $ 3 5 I '. S . g o ld , in L ou d on , M7 -1*. 3d. sterlin g , leasee* on whoclagw
or in A m sterd am 80 (iorln s, ail free at V . 8. ta x e s. O f th e first eon- *400,000—par $li)0.basis. Stock aatbortzed,$2 ,000 .000;8outatandlng,
Loaus and bills p ayoblo June 3 0 ,1 9 6 , $22,712.
t gold b on d * (D oited State# T ru st C o,, trustee) $ 6 ,3 3 2 ,5 0 0 w ere
E a rn in g * f o r y e a r e n d in g J a n * 3 0 . 1 89 6 , w e r e , g r o ss , $ 1 2 9 ,8 5 5 ; n e t,
I to retire the fir s t seven* w h en fine, a n d th e y van b e Issued a t
$ 2 8 ,9 0 3 . In 1 80 4 -9 5, n e t * 2 0 ,9 5 0 .
i
o f Interest u p t o 7 p c. M w ill r e tire *aid b on d s. C o o n p a y ­

1

1891

rate*
ment o f the t o s t 7* th e first earned* w ill be a first lien on all the p r o p ­
erty, a* they a re co w o n a b ou t 1 ,3 0 0 m ile* o f r o a d a n d nil th e e q u ip ­

D e t r o i t M a y C i t y A A l p e n a , —S ee D e t r o it A M a c k i s a c .

D e t r o i t G r a n d H a v e n A M i l w a u k e e . — O w n* from D e tro it,
M ich,, t o G ra n d H a ven , M ich ., 189 tilthA reorganiratiuti o f S e p te m ­
b er, 1878. T he b on d * are- gu aran teed b y th e G ran d T ru nk o f C anada,
S tock. # 1 ,5 0 0 ,0 0 0 ; par, #50 . Real . s ta t e m o r tg a g e * , $ 2 2 6 ,0 0 0 . L oans
a n d b in * p a y a b le D ec 3 1 . 1 8 9 5 , * 5 0 ,0 0 0 .
E a r s w q s .— 11 m o u t h * , ) 1896 .......... O ro s* , $8 75,2 13; n e t. $90,167,
Jan. 1 to Nov, 30,
{ 1 8 9 6 .......... Gross, 02 6.75 7; net, 108,093.
F o r y e a r e n d in g D ec. 3 1 , 1895, gro ss ea rn in g s w e r e $ 1 ,0 0 1 ,0 9 1 ; net,
O bx * r v ;, F is x s c k * —On Jane .In. 1396. the com pany held In It* $ 1 0 1 ,0 4 8 ; deffeit u n d er in terest, e t c ,, $ 2 0 4 ,2 8 5 —a d v a n ce d b y G r a n d
*nry stock* and bond* valued at $1,729,986, The "special renewal T ru n k R y . In 1 89 4 g ro ss , * 1 .0 1 2 ,5 8 4 ; n et, $ 1 5 0 ,9 4 2 .

ment.

C onsol* fo r $ 0 ,9 0 0 ,0 0 0 are a l*o reserv ed fo r e x te n s io n to O g d en .
It deemed a d v isa b le. T h o s e ttnissued w a y toe used w ith th e c o n s e n t o f
• m a jo rity o f tire p referred s to c k fo r ex te n s io n * « t n o t e x c e e d in g
$20 ,00 0 p e r m il*. S ee a lw trset o f m o rtg a g e in Or b o w ic l b . V. 4 7, p. 228 .
The im p rovem en t mortgage, i f . 8, T m t Co., trustee), Is issued on the
property covered by the eon solk la teil m ortg a ge, and so covers all the
com pan y* property, follow ing immediate! after the con solida ted .
M ortgage abutract la C n a o x t c u t , V . 4 7 , p. 229 .

I" held $437,517. Denver A Rio Grande in 1895 advanced Rio
D e t r o i t G r a n d l t a p i d * A W e s t e r n I M l . —E x te n d * fro m D e ­
tide Southern #169,839 In o»»h and endorsed $578,409 notes given
•Rio Grande Southern Seating debt, receiving therefor #671.000 Klo t r o it w e s te rly to G ran d R apid*, n o r th e r ly t o B ig R a p id s , e t c ., In clu d ­
in g ;
m ute Southern first*, one half o f the stock, and ail surplus earning*
R o a d ow n ed —
M iles.
Operated under tease—
Miles.
■over fixed charge*, t*xe*, etc,, f o r three years from Jan. I, 1895.—See
W . D e tro it to G r. R a p id * ... 147 Det, to I>e! roy (Dot. T erm .)............ 5
Rio G ran de S outhern rep ort for 1 895 9 0 in V. 6 3 . p. 397 .
La te st E x a a w o a .—J u l y l t o F e b ru a ry 2 8 (8 m on th s ):
8 seats.
Gross e a m ’g t. Net e a rn in g s.
In terest, etc.
B a lan ce,
5896-7 ...........
# 4,6 0 0 .5 1 9
$1,877,115*
* 1 .5 6 0 ,1 2 4
$ 3 1 7 ,0 1 4
1895-6 ...........
5 ,1 6 6 ,3 1 8
2 .2 5 2 ,0 9 5
1 ,5 5 7 ,6 5 0
6 9 5 ,3 4 5
AwxT’ xr. R e p o r t .—A n m ia l m eetin g 1« h eld at D en ver the third T ues“
4 OetohfT. F oil rep ort to r 1 8 9 5 -9 6 (n V. 0 3. p. 3 9 7 , 403. S ee a lso
■*»!. p . 384 , C o D etra ction a c c o u n t w a s clo s e d In S ep tem b er, 1 801,
i w hen all im p rov em en t* h a v e been ch a rg e d a g a in s t in com e.
T ear en d in g J u n e 3 0 —
1996.
1805.
1891.
A verage mile* op era ted .
1 657
1,654
1,803
Gross e a r n i n g s ....,..........
.$7,551,137
*6,476,04*
#6,1)18,840
S « earning*........... ............
. 3,202,408
2,503,493
2,925,623
Q tm r i n c o m e ...,..........
57.334
14,600
10,300
J o ta l m t ‘m m n m . . . . . . . . . .
m Utrm t on Iw n ds...............
Ti%xm and i n a n r a n r ^ .

#3,259.740
.$1,997,950
.
352,786
.
14 3,56 8)
74,046 i
stock ..
473,000

Balance.surplus............ ...

, $218,390

#2,940,228
$1,007,930
342,230
71,332

$2,813,793
$1,093,873
347,227
1 88,030

NIL

$528,890

#87,663

G r. L ed ge t o H o w a r d C ity
K ld d viU e t o B o ld in g .........
S ta n ton J e t. to B ig R a p id s ,
M e co sta J e t, to B a r r y t o n .
R em us to W e ld m a n ...............
R o d n e y to C h ip p e w a ...........
H o w a rd C ity to P a in e s ___

64
2
63
11
13
5
75

D elrey to B e d fo rd {F . A p . M. R R .)
L a n a in g lo X . L a n . (J. L. & 8. R R . ) ,
P a in e s to S a g in a w (J. L , A 8 . R R .
and F. A P. 51. RR )......................

Trarkage—

8
1

7

G r. R a p id s to S p a rta (0 . A W . M .) 1G
S p a rta t o S herid an (T. S. A M .) . . . 3 4

io w u o w n c u , . . . . ..............
..
OBOAiriZATiON.—S u c c e s s o r J a n . 1 ,1 8 9 7 , o f th e D e tro it L a n s in g &
S o r t hern an d a llie d lin e s fo r e c lo s e d a n d r e o r g a n iz e d p e r p la n In V.
0 2 . p. 319 a n d (140.
B o x ® * . - T he tli-sr co n so lid a te d m o rtg a g e is fo r $ 8 ,0 0 0 ,0 0 0 ; b o n d s a ro
rea erv ed t o r e t ir e ,b y e x c h a n g e o r o th e rw is e , t h e u n d e rly in g I o n ia A
L a n sin g Bret 5», $ 7 7 0 ,0 0 0 . an d $ 1 ,3 1 7 ,0 8 2 f o r Detroit- te rm in a ls and
o th e r p ro p e rty , if d e e m e d d e sira b le . M o r tg a g e tru s te e is O ld C o lo n y
T ru st C o.. B oston .
F i x e d C h a u o k s a n d E u ts r x o s .-* T h e Im m ed iate flx e d ch a rg e s w ill
b o : 4 p e r ce n t o n $ 3 ,0 1 2 ,0 1 8 g en era l m o rtg a g e b o n d s, $ 1 5 6 ,5 1 <; 5 p e r
c e n t o n $ 7 7 0 ,0 0 0 I o n ia A L a n s in g 5 s, $ 3 8 ,5 0 0 ; D e tro it T erm in a l
ch a rg e s, $ 1 8 ,0 0 0 ; to ta l, $ 24 3 ,0 1 7 . T he n et e a rn in g s a p p lica b le to
A b o v e ch a rg e s f o r th re e y e a rs p a st h a v e b e e n : In 1895, $ 2 7 2 ,7 4 3 ; in
1 891, $ 2 2 1 ,8 9 0 ; in 1893, $ 3 1 3 ,7 7 8 .

INVESTORS’

52

SUPPLEMENT,

[V ol . LX1V.

C oop er L ake

iramie

S h e i i" '

P ink ham ptou
Cham bers
W indsor.
Ft. Culliii

t^am pah Spring
U,HpUh

Troublesom e
Sunset
H ot S ulphur'
Springs
M I D D L E

Cy EGERIA PARK

B ou ld er}

'C entral City

DILLON

Jiua\(>r Book Plateau i

Golden

Georgetown

[FRISCO
\ BRECKENRIDGE

GLENWOOD

Brighton.
St.-..

.MfarshaTlo

Carbon (I
L om o

Willow
Park

De n v e r ;
terubui.
iXjxm

>lorr'vS
<

■
Sedalia N jV
^Plateau
^ C a s t le Bock\
: n D ou g la s
i 3G lade
D Lark spur
.narxspur
i
G reenland /
lP aliner.Lal/e
j3ronuiiieny
m jorst
/£ <
j
n Ilusted ( ? 3
QEdgertijn c .

B a iley’s w-

A s h cro ft
.Suttler
iP e r q a l e

Hotchkiss
Bebler Pass'
R U BY(5

V is ta

CRESTED
^BU TTE

COLORADO

Baldw in

kWideflel

SPRINGS

^ J a c k s Cabin
WA lm on t

Coloroiv'

Buttesj

Montrosi
Ouray's Kanch',$v^jc>

GRANDE®
Grabiob1
!
Mar\°v' 1

, * Pass
" d Hill

. Gate v H

U nconvpahgre o '

VILLA GR

"nf f/«

LAKE CITY

/
>

Soda SpringsQ
Blackburn f l x

:z r

Grove,
J
i
Ms
yc ." S§> « «
^5 WEST CLIFF ,< oilosita
*
c*o'v^C'
V^.
, - (,L'f
V C'G
'
SU
-VER

'SoST®'1

vX

Moffiit

Coke Ovem
RICOJ

Ruins

RayniAiml^
Dolores!
>Summltville,

Ruins
P arado^^K

PcLewis^L

•w * *

%
AnisliapaU

r
LOGA|

B iv e r

PorterXX

B a rn es^

■dlfinioxa f i l l

^DU RAN GO

Cbicus^k
EL M O R A U /

T R IN ID A D
Ia

San «
Tuan T
\illey

g

«

n t

QNit p

ENGLEV1LLE *'

x

jPalmillaW^A

a /v ,

jV olcan o
LNb. A g u a
Tierru A m a rilla

\r

CA ME
OL I S
N
Baton
h lo s u 0 \
l^ s b rg
V.

I)iU o "C

\\

jTres P iedrasf
}3S ervilleta

O jo C a lienteo

yI I --,|
V

11
*

BakertnwW

tM - -V ^ F trL aran iie^ x l
Fillmore^___
^ \

V
'
n e e x r ^a

V

sxeV n

’ernandez
de Taoe

flC aliente
T B am m ca
'C om anche^

S^m budo
K&lcalfle
iG ham ita

Springer

.
j

IfSPANOLA

Alora o '
F t. U n ion

/• jc -0 L O R A \ C
'"i'-e c»0v^ l£ S 0,LLON

S A N T A FE
H o t Springs o

atqhisqA.
LA MY

-M N 05
O TR

Belle^ii^e

B erm u

’Purmvnj
ANTONI

■
Mojave

r
ugelos

"Prescott

ARI ZONA

MAP OP THE

DENVER & RIO GRANDE
RAILROAD
Xago de los Pnsus

-

RAILROAD

-APEIL, HS7.]

STOCKS AND BONDS.

as

s u b s e r l Im t i w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d i n t lie s e T a b l e s ,
B o nil#—
-Trine j —
j
IN T E R E S T O R D IV ID E N D S ,
M iles D a te Size, o r
p a l.W lien D oe^
A m ou n t
R ate p e r W hen W here P a y a b le , a n d by Stocks—E a st
oi
Par
| of
O u tstan d in g
C ent.
P a y a b le
i R oa d . B on d s V a lu e.
D iv id e n d .
W hom .

R A IL R O A D S .

]
H iPID
Delimit <t Mackinac—Stock $15,000 is pref.)
all
“ F irs t Ilea " b o n d * $ 1 ,5 0 0,00 0 g o l d ......................«* :
all
••Hurt, b o n d s ” $ 2 ,5 0 0 ,0 0 0 c o ld , red . a t p a r .. ..o ‘
B o re r it Koekatcag— S to c k 6 i>. e ., r e n ta l 9 9 9 yei
i
5
1st m o rtg a g e .........................................................
600
ChiOnmit <t
City—S to c k ............................................
s
111. C ent.. W est, lin es. 1st M-. g o ld (sec tex t).o*A r
ISA
l o w s F a lls A Stonx C ity 1st SC. I *. F. to . . < it y ..
197
.
173
Dutuih if Iro n R ange— 1st m o rtg a g e .....................cAr
173
2 d >1.. cu rre n c y , red eem a b le at l<>5, $ 5.0 00 .0 0 0 c*
D uluth M iuabe* V or«V »i -S t o c k (S 5 .0 0 0 .0 0 0 auth)
....
st m o rtg a g e , s o ld , s in k in g f o n d . ............................
1st eons®:, m o rtg a g e . 9 8 ,5 0 0 ,0 0 0 , g o l d ...................
.
G en era l 3 d m o rtg a g e <$3,500.0001 g o ld , sin k . fd .
E q u ip m e n t treat a J u n e 3 0 . 1 8 9 5 . ............................
D u lu th M m . H irer d N o.—Jut M ., $ 2 ,2 5 0 ,0 0 0 , g..c*
25
Bui. Red W in g d S o .-ltt M.,< ..$20.000p c r n iU e .fd r
is a
Duluth South iih.it A tla n tic— Mar>i.H.AOn.Beu.M .e*
D uitith S outh c h o r e it A t la s ., 1st m ort., g o ld , cat 360
572
First c o n s o l m o rt.. goM , in terest g u a r ------ e*.tr
ln e . ce rt* . ($ 3 .0 0 0 ,tax) h eld b y U. F a c. J a n ., '9 7 C ar tru sts. D ec. 3 1 ,1 8 9 5 ..................................... .........
D u lu th S u p e rio r it W est B y .—C om . * t 'h ,$ 1 ,5 0 0 ,0 0 0
P re fe r re d n on .-cu m . 5 p. c. s to c k , 8 1 ,5 0 0 ,0 0 0 ...
st m o rtg a g e , *
p e r m ile , g o ld a &- o* t r 100
20
D u luth T ra n sfer—1st m o rtg a g e fo r $ 2 ,0 0 0 ,0 0 0 ..

1

21

1

1

20,000

& W e 3TEKX E R,
....
$ 2 ,0 1 5 ,0 0 0
$100
9 0 0 ,0 0 0
1 89 5
1 ,0 0 0
1895
1 ,0 0 0
1 ,2 5 0 .0 0 0
....
100
1 4 0 ,0 0 0
1SS1
3 5 ,0 0 0
S ee t e x t .
lo o
1 ,0 0 0
1895
5 ,4 2 5 ,0 0 0
1869 300 A c.
S ee te x t,
1S8S
3 ,9 3 0 ,0 0 0
6 ,3 3 2 .0 0 0
1 88 7 l.OOOA-e
1,000
1 396
4 ,5 0 0 ,0 0 0
100
2 ,5 1 2 ,5 0 0
1892
,
1893
1 ,0 0 0
2 ,3 8 9 ,0 0 0
1 ,9 0 0 .0 0 0
1894
2 6 4 ,6 0 8
1 .0 0 0
1 995
7 2 3 .0 0 0
5 0 0 .0 0 0
1,000
1 ,0 0 0
1 ,0 7 7 ,0 0 0
iiH
1887
1.000
4 .0 0 0 .0 0 0
1 890
1,000
1 4.9 7 0 ,0 0 0
1893
3 .0 0 0 ,0 0 0
- ...
183,5-36
.
100
1 .0 0 0 ,0 0 0
100
1 ,0 0 0 ,0 0 0
1896
1 .0 0 0
1 ,3 0 0 .0 0 0
1 ,1 8 0,00 0
1991
1 ,0 0 0

s

4

g. J.
J.
i g- A.
J.
6
!S ee te x t.
F.
A.
i
J.
A.
6
J.
.

5
5

1 111,000
.

A
&
A&
A
3t
A&
&

D . S .Y . . .T. P . M o rg a n A Co.
D.
do
do
O. N. Y „ 143 L ib e rty at,
J,
do
do
X . Y „ Oiliee, 2 1 4 B ’ w ay.
A.
do
do
O.
do
do
D.
do
do
O. X . V „ O ffice,M ills B ld g ,
J,
do
do

— (V . 6 3 . p, 4 3 8 . 794 , 8 8 0 .1 0 6 2 ; V. 0 4 . p. 8 2 , 4 6 9 .)
D e tr o it

H ills d a le

A

x o t i t h w e s t e r n . —O w ns fro m

Y p sllan ti,

K lch., to Banker*. Stub., 6 5 mile-. Loaned tn perpetuity from July 1,
1991, to the Lake chore A Michigan Btmthere Co,: Iho rental 1# $34,000
per year—-4 per cent. Gm*.* e a ia h b * in 1995, $30,961,
f b t r o l i L s n a ln s A N o r t h e r n
K m i :>* A W a s rc H * KK. a b ov e.

lu t .-x it t

D m orr

O r a s t»

D e t r o i t n s f k l u s r A H s r g U r t t r K K . - 8 M M lK t U D E O t lO O t .

J ’n e ,’ 9 6 ,3 D .c.
A u g . 1, 1931
O ct, 1 , 1 917
D e c . 1, 1 935
O ct, 1, 1 9 3 7
J an . 1, 1 9 1 6

6 g . J. A J. X . Y .. C en tra l T r u s t C o,
do
do
6 g. J. A J,
do
do
4 g- ,T. A- J.
X .Y ., P os t, M a rtin A Co.
J .‘ * " j . X . Y „ C h em ical X . B k.
e ~ J. A J. X . Y „ C en tra l T ru st C o,
6 g ‘ A. A 0 . X . Y „ T liir t X a t. B an k.
do
do
5 g. J . A J.
P. A A . X c w Y o r k o r L on d on ,
t SS e w Y ork.

J a n . 1, 1 9 2 2
J an . 1, i»-23
J a n . 1, 1 924
Jan. i , 1924
J a n . 1, 1928
A p r. 1, 1 9 2 5
Jan . 1, 1937
A u g . 1, 1 99 0
Deb. 3 1, 1 9 1 2
1 903 A 1 905

5

i

........
5
4 g. J. A J . X ,Y ,.3 d S a t.B k .A ta iu d . .lu iy 1, 1 9 9 6
Ja'u., 1 921
6 g. J . A J. J u ly , '9 5 , OOUJ). last IKl.
1

,

K a r s JJW—3 month*. 11 897................. Gross. $179,997; net. $21,250
Jan. 1 to Feb. 28.
> I$9t>_ ....... ....G r o s s , 104,505; net,
8,025
A n v i l . B b po a t .—Earnin gs o f tlj« eld com pany w e re :
Year eu,L Bee. 31.
1X90,
1805.
1894.
fir e * * e a r n in g * ........... .. ... . . ___ __ $ 1 ,1 7 1 ,2 8 2 $1,149,655 $ 1 ,0 9 9 ,7 2 3
149,181
254,303
200,169
Jiet over «?x p. A tare*............. .

J u n e 1, 1 99 5
J iu ie 1, 1 9 9 5

FAiiv j.vu^.—f a y©aur ©ndlfisf D e c . 3 1 , 1896, #?roas, 8 1 ,9 7 3 ,8 4 0 : n e t,
8870*436; bal., narpin.** over charges, #33.5,373; 1805 %mm, $2,188,.
re o ta lm # 1 ,8 9 0 ; Im p ro v e m e n ts, 8-8,239; b a la n ce , s u rp lu s, $910*040;
In 1 89 4 , fzn*m, $ 1 ,5 1 6 ,8 3 7 ; n e t, # 7 9 0 ,5 8 8 , P r e s id e n t, J . L G re a t-

singer* Diiittth.—(V*. 03, p. 238.)

1

f l y t i l t h WLtmmmh^-Sgi S o r t h c*r *
Onroa fro m Dulutis to M eu n tiiln
Iron , M in n ., 7 7 m ile*; hm nche^,. 5 3 m llem tra ck a g e t# O n io n D e p o t,
Dttlttlh, 2 niilew; total* 1 3 2 m lie*. Itt fiteptotn o e r, 18 9 3 , c o n tr o l o f th l»
ro a d wife* o b ta in e d b y th e Litke S ttp orlor C o n so lid a te d Iron M in o s, w ith
m ca p ita l o f $30*0184,000. O n J u n o 80* 1 89 6 , fu n d e d d e b t, including;
e q u ip m e n t obU gim ions* wit* $ 5 ,5 6 4 ,2 ? 7 .
E aftsf^iJk. ~Fttp y e a r enditie' J u n e 3 0 ,1 8 9 8 , grroes, $ 1 ,7 9 1 ,9 8 0 ; n e t ,
$ 1 ,2 1 0 ,6 3 5 ; o th e r liie o m «, # 10 ,.5 25 ; eharfte*. '$ 1 ,8 2 0 ,0 2 1 ; b a la n ee,
u efteit. # 9 8 ,4 6 1 . l a 1094*05*
$4,^78**300? n e t, $ 8 0 2 ,2 4 7 ; Intere^t. taaeeM, ete ., $ 0 0 0 ,4 8 0 1 b a la n c e , wtirplo^, $ 1 0 5 ,7 0 7 ; ftinkixijgr fu n d

D e t r o it A M a c k l n » e I t ) .—O w ns from flay Cl! •. Mich., to Alptuia, eliarsf***, $163,922. T otal fminasre in 1 h‘.H-U‘i w :d 1.805,25*5 tone, o f
•
which 1,704,070 wm «»re, T on tnlle rate 0*996 cent, V. 64, p, j j j ,

131m )les. b o o n L a k e B re a ch , 3 2 tulles; M ud l a k * B ra n ch . 3 h m i l e ;
o th e r b ru n ch es, 71 in Use, A lp en a A N orthern , 6 0 m iles in to tituher lim its
I w h ich form * p a r t o f the e x t e n s io n t-- M n ek itta ci; t o ta l, 3 3 2 m iles.
E x te n s io n from tim e r sou th t o B ay C ity , 3 2 m iles, w as r o m p ie ie d !n

D u lu t h y ii* » l« * s lp p i I t lv e r A c V o r i h c r n 1414.—O perates fro m
Mt.A*u#inp| iwiiullnt:. Mitio*. via 8 wan .River, o n the Duluth vt. wihxtlp/qt,
6* lllblilug on the Duluth Mls^atwy A Northern* 30% m ile-. Over the
August. 1996, Much o f the brunch line fuileoce U tem porary, built latter romt It has eotiiifction with all points on MDmluj and Veruillllon
o n ly to b rin g o u t lu m b er. See V , 6 1. p . 558. In 1 893 ru rrlc-l 4 3 5 ,10 7 iron ranges, and ov er Duluth k. Win.iilp**.g with Duluth. Capital etoek
tons, o f w hich lum ber, log* and shingles furnished 94 per cent
unthorhsed U $25,0t*0 fpar $lO0|t o n b is u d lm f $4,800. The 1st. m ortH tstottv.E tt;.— Kijniiot tn Decem ber, 1*;*4, to sitccce*! the Detroit easte I* fo r # 2 ,0 5 0 ,0 0 0 1*» the C eatm l T m *t * '»>, o f N ew York as trustee..
Bay C ity A
»»|*I la ttstwsfmtofa* * Moftifa^e bum to * for ^0CNi,e
*
*
E a *m sn5*.— ff«*r y e a r e n d in c J m m 3 0 , 1 80 0 , gm m , $ 1 4 .5,32 7 ; n e t ,
000 ara rraet'vwft fear lMtt*Dn®fi4»*, fe|*\» at not o r r r $ 50,000 jwr yuur. &52*842. Iwt. o n b o n d s, $ 3 2 ,2 5 0 : b a l., s u rp ln s, $ 1 0 ,5 0 2 . F p e sid e a l, A .
TXmswloete a a i t ** mert^aips
** w*a hulii to im *t, and If W . W righ t, A lm a , itle lb — Y . 01* p 2 8 1 .
itocui*-<! tw it m ay Iw c o u v e rto d Into p re fe rr e d i t o c k .

!!? « :« * /—
Tit** capital

8e e V. 0 0 , p. 130,

D u lu t h l i e d \VI u s Ac S o u t h e r n . —Frojeeted from Duluth via
la #3*000*000, at wiiieti f t ,000,000 pm- | R M Wins;. Minn., n od num.%. City, tours, to « point oppimiui Omaha.

to tiu tu itle o oljr fo r e o n t e n lo Q o f b on d * a# n tw re.

Lktm n't

um
j 9#»|,

) Neb,

fu otm fatioft tt*Hn R ed Win^* so u th e rly 't o /.m jib ra ta , 2 5 m i! ■-«;

f t §I#S-Ta0rcw*t • *16*501); n»t. #52,001 •branches, 3 tulle*. Block. f£T75*0O0, o f which $125,000 p r o f; par, $100.
’#

J u ly I t o
%-H,
| t-#® 0 H L O rr***,
0
mI * Q e t ,
7#,747 Trustee o f t»orti?a.hre Is f ‘«oir,*f Trust Company. In year e mil tig Ju ne
l 30, 1896. fro*-*, 879,401; net* .$'25,980; eh arses. #20,0X6; balance,
.Ea*. 3 I Sto*.—F or yeaF awMiuf June 30,
*
#434,4412; net, # 1 3 1.O70; j Nurjtltte. $5,!in4. tn 1894-95, tm **. $76*022; net, $25,139, President,
# l0 5 f3*to; intpltle, *25,70#. in 13*94
#33**640,
|T. Ik Sheldon. |Y, 56, p, 4034
O n n cK R * .—P m id e & t i e k c t « l t V e *90), 3. I), ifa v k ^ o f D etroit. V.
O t iltt lli Hotiii* s i 1a re A %t la » » tlc ,—Ojwir
.
rates Duhith to Ban it
8 0 , 1 4 3 ,1 3 0 ,7 1 1 ; Y. 61, p. S S I, 470*
*.
V. 0 3 , p. 1,000.
(St**, Maria, 400
M
Uos" Jannlintt to 8t l$u-.
aswb -43 m..; other, 120'
9 o v # r dc t t o u k j» w a y . W «S Map Central- MIL of X , J ,} —
fcrr
Own* |m o trackage. 10: total. 582 miles. Cunaeets with Catiadlan Paeltt
F o r t O r a m t o Route** w a y *
J ., 5 m lim ,
i* u u ***4 t o C e n t r a l o f 5' . J , In
C)nOAlti3tATi*.*8, A
tds,— In In ly, 1884, a pontrOlMag interest in this
A p r i l , i # 8i , f o r 000 y esa ra *si 6 p u t c o o t o n u to e fe a n d n o Bid w, t o t e * . *»te_ I
*t maU w m sold to Canadian P u d he paril« 8.
O Q O uqur A
C ity t l t t . — ftke Map af flhtm u Central- ■I c.%i*Tfad Brtajk. —Onmmoo utoek is $ 12 ,000,000 ? praferred, $ 10 ,000.*
O w ns IWilungm?, Iowa* to to w n F u ll!, 143 p it* * ; I o w a Fall* to Hioux.' I 000* par tmih #MMI, Praterr®4 stock l* 0 pwr emit, tioncam , Canadian
d t T , l §-4 o t l f e e ; 5fa o * ? b * » t « ? r t o C te d a r R a p i d * , 42 m l l w ; C t e a w i , I o w a , I Paeitie Jam l* 181)7,ow ned $UOO.tHl® w b i . and $ 5 4 0 0 ,0 0 0 prof, stock,
to * lm ix K ill* , D iiknta, 1.55
C ed ar Full* to M in n esota Htaie Line. |#3,000** *00 tti&tmm and $14,970,tyOO cxjusoIs.
7 0 m ile* ; tota l o w n e d , 6 0 0 id IIm .
I ito'StM*., *k*y—Ahstraet /Ir*l m
i$9ri§a®*f V, 45. p. 274»
L i a u b , Et c .—Co n tro lle d wince A p ril, I W . b y th e flilu ot* C entral i T b» 8 w t aontolldatorl aii»rtoa*fe o f 1890 has i n t e w t at 4 per cent,
HR.
CToinpwiny, w h ieli
ow n*
p ra ctica lly
a ll
of
it*e ca p i- J «»arant«e*t by Canadian Pacific, which Jan. i, 1897, held the entire
tal * toe It, an d w h ich J an . 1, 1805* re n ew ed it* l **.-»** o f the roa d un til Sm e ataiMlinsc IAsm $ 1 1 .PTdJtO'* to in treasury as security for it* -l p. e.
*.
A n 4. 1, 1951. TD'* Ioaao l* in b jn jt to th«t D u liiiqiie A S io a x C ity m ort- j dfthentore t-toeki
s
far #T,077,090 are r**a*‘rve<l for p rior bonds
**ntral h ood *. See te rm « o f
V 6 i.p .3 # ?o ; and addltlcmal acrm'itnl# in at* to* Dsn»#l at $2«.»,000 |M taiio o f new lines*
tf
T h e F ed n r F a lfj A M in n esota tn J u ly . H » » i,
forwelM iure #*|n, w u*
| Qnynm.AU i“Dx aiicsa..—On Dee. 31* 1895, toams and bliln jiayablo were
#feef>rt»ed b y
atiom, T be 1>. A £ * C. capital m ock prior *'> tlie ‘r #2,980,764. Earn Ink* from Jan, 1 to June 80* 1896. six inunths,
* §
*
eonwoUdatiou wa-* #7,1013,600. fV, 0 3 , p. **19, 4 0 3 ,/
j w ere:
#1,019,8.83, ayams| f89i>.U 3 in 1^95* O f the 2,131,2^8
Bo * m
T h e lU ln o h C entral KK. Comp«*ny tn 1 895 lurtoil # 3 ,5 5 0 ,0 0 0 j ton# carried In 1895, ores farnhb«*4 34 p, e „ lam her. ete,, 25 p. c,
.
©f IltinoM Central I (W estern Littew) 1 p er een ta , ^ecuretl b y a rir*t m ort
IkAtkwr EADittf*A“ 9 tiws. / tS 9 6 ..«ros# , $1,54 4,01.3; net, $582,17-1
I » k 9 o f the D u b u q u e 4b O io a x C ity U R. C . o p ) i i th « DMMl'fnma Dub
m
Jam 1 to .Sept 30,
) 1 8 9 3 ..cross. 1,327,400: net, 483,110
to I o w a F ails. 142 m ile*, an d In July* 1896, # 1, 075 a m m orr wax
j
Imoabto 00 the form rr Cedar Fulls 4 M innesota from C e ia r Falla to ! EAKWDro#,—ftor y « » r «sulinif Bm< 31, 1893. gro^s* $ 1 ,811 ,823 ; net
m tM S ls t s liit®y 76 rail#* Tim 1lUtmto (L n im i i[twa# all Dm *ihansfe «.#*>54,7181 t*U%--r iaeom«-. #3iV»7H: internst mi to.mds* # 8 06,3 85;
m
teg® .& rtekf ito und f mmSt. Kaitill* A Chi«#
4 m* lit 103.5. Wtttoh wra ! ran la is, ete., #26.730; todanee. defloft. #483,327, In 1894
*%&
BfeH
iir**rj SMpArt * * $ m y inr IS»■4 t»sr y*BtlfS«r i t m
k
i
luwa Fall* A Sioux \ #1,070,987. In 1893, *ro*s, #2,072,0 40,
CHs n
»S3f bt tot
u f w)
July % 1BP0, huW
f
D u Ilf il* $H i*crIm r Ac W e s t e r n It y ,—Owns from New Duluth to
in thfe D ab
& m ««3t City Ira^itry
D w r River, M t a n w h , UH> mites, a rew g »B h ftIlon , per plnn in
0!¥l
10“IS, % o f 1 p#r ©inik in 1S01* 2 ; tit 4S93* ahull# Jg, uf |V, 63, p.. 1W , o f tlie Duluth
W inulpry snid. In for*mb..iAUra July 25,
lp -P 4 l i S 3.10P .C ,; In *94.2i9 ; i» *®3, ttmto ! ; In D 106, J fiuo, 3 p. o. | 1.890, Th# new cam pnny tuok p nsesslof* Ded,* 1 1896.. #*nw cotnmmi
■
.
.< ‘ *
>
K fe
Eva H fep K— i ti r m f urittug J
SO* 1S00. -'iprfM I, #2,0u5TM*3; nut.
M
par o f shares #1.00. Comniun stock for #500,000 and
$ m c : 247, tn 1 #03-04, M ie
tfe m
#476*.020. In 1002*03, I tite.
|praferred for # cotM.kK/ to be l##ned. only “ for ad d ition a leeiisM ow tlon #
§mrn. •#'J*5
el,- $732-,:h i4* rt. . m< p. 704; %. 63, p. 29, 4024
*
a # a * i t h o r i * i 8l b y la w ,* * T h e ( I n a d l i i i 4 0 * tin U *n »U ifti t h e M e d i u m o f
* 9
D n l ft lit <e i r o n Ikw isgr. OWlkl Dullill* to Ely , Minn., 110 mile*, j t h e D u l u t h S o u t h S h o r e «fe ,-V.fbuifch? Is n t i d e r s f o o d t o e o u t r o i t h e p r o p S
with hran*?!km to Mmtabm ItAfiim Sfi nm, Fay•ah eto , f*7■
mile**. Atm o w n # j ertr- New 1st M. I# for l iJ I O O ,# ) (#100.000 tn treasury in 1896 far
«te§» iihup« mml ynril# U L »ke s «
fai
u? cu fltoy over #1,7*00,000,
- add 04 on a I e^utpm eic, e t e j am! $20,000 per mile additional fo r exton*
j iio
ISTOOit* m x-^M m k a-sitltoritod, $3,0«)0,000'; outatandimr. $500*000 n a . T r u f t r e , ' n \ Y . S sn u i.rity 4 f r t *#4 u j „ N . Y .
gar 01OO. Duk |f#Bt tmm M
I
lnneanta about 606,000 nerns, of whichE aR #!80§»—* .ft the fiscal year eadlnjf June 30* 1896, earnings o f old
1
208 M
•re* had been patented to it prior to April 30 ,180 5. Hvr I rom pany were, p m u , #282,56 4 ; net. $78,30 i, in 1894-95, grn#*.
•
V. 51,
*
The Minn. Iron Co. Del., IS96, owned the «took and ( #133,25$. P rm M oot, W. F. Flteh, Maruuette, Mleh.; Secretary, Ren),
$4*5004*00
tood fno;rtjrn,|,e husds. The first m ort. iwuide arc an*
th«ri*w| ar. f h# lute 9f #25.oOo per mile fo r cutietractlbn and #7,000 fur ' Whites**?, 44 Wall Street, Now York. --(V, 63, p. 504* 601, 1063; 45 64,
mmipment. % * Mwtrnpohtan True# Cutiipany uf Hew York beime truatee. p. 133.)
h
T he 24 ffi«f vspfcife was antfiurfred |.u 1896 fur #5,0<H>,0<k>, o f which
I l n f i i t l i T r a n s f e r I t y , — M lle a k e o f rm ¥lIn.June,*94, w n s 2 0 m . Tim
'Vr
t
68*^90*W.)0' ref
. tttort-itakh for $ 2-JHWkOOO U tn Um Metrop*»li ton Trust Co. of .Hew Y o rk ,
w#fe is«ned to *lmpfur<raie»i«; f he tmtuls ar® subject to call at 105* to a# tru stee. I n t « w * l d u e January* 1, 1896 wins n o t p a id , J o h n E lio t
.
bn draw'n by t tl trrmtm ,Central Trust Co. In April, 1897, a mnrtynye
Bowl®# w m a p p o in te d r e c e iv e r in Boptoinber* 1896. D ecree f o r for#for $500,000 w
IrnuMl tm the Swampland-*; bunds tu he for #5,ch'«) I o b m ir e w a s o b ta in e d D occm tm r 21* 1890, b u t n o d a te o f sa le fix e d an d
.

eae-h, to ra n 2 0

I per

tfitiHB®, W a lte r F* OoMt, o f Chiempo.

no p lan p r e p a r e ! in A p r il, 1 8 9 7 ; u p s e t p r ic e # 3 0 0 ,0 9 0 .

INVESTOKS’

A I

SUPPLEMENT.

[V O L .

L X IV .

Sub»cribor» will confer a great favor by giving I in mediate notice of any error dlmcovered In these Tables.

RAILROADS.
on first page o f tables.
Dunk. At. Vat. d Pittsb—'W. & Venat
Warren A Venango, 2d m ortgage.
c

Rends—P rinci­
INTEREST OR DIVIDENDS.
Miles Date Size, or
pal,When Due.
A m ount
of
Par
of
Rate Per Wlien Where Payable, and by Stocks—Last
Road. Bonds Value. Outstanding
Cent. Payable
Whom.
Dividend.
35
35
56
56

Durham d X o r them Ry.—Stoek, $500,000 au tli...
42
First m ortgage............................................................
East Promt lo p Ittt. it Coal—1st m ortgage........... i
East Mahanoy 11R,—S tock..........................................
36
East Pennsylvania—Stock 6 p.e gu.999 yrs.Phll.ifcR.
1 stM .,gold , guar. p.Jtl. by P .& R. RK. (e n d .)...c ' 36
East St. Louis it Carondelet Ity.—First m ortgage..r
East Shore Terminal— 1st mortgage, g o ld ........... c
Funded coupon sotlp (1st and consol, mortgages)
2d M. ($300,000), g., red. at 105 ifcint. any M.&S
East Tenn. it Western X. Oar.—First, m ortgage.......
East d West RR.—Stock $1,500,000...........................
Eastern Kentucky Ry.—Stock ($1,779,500 Is pref.)
16
Eastern IN. B .)—S tock..................................................
94
Eel River--.stock, 3 p. c., guar, b y W abash.............
Elgin Joliet d Eastern—1st M. ($10,000,000) gold.c.* 187
Elisabethtown 'Lex. d Rig Sanely—See C h e s a p e a k e & O hi
120
Elmira Cortland if Northern—1st pref. M., gold.
120
1st mortgage, gold, guar, by Lehigh V a lle y ___c*
Canastota Northern lot M., guar, (see t e x t)........
*34
Elmira d Lake Ontario—SodusBay &So.—1stM., g.c
Elmira d Williamsport—St’k,com .,5p .o.ren T ,N .C . 75 is
Preferred stock, 7 p. c. rental, 999 yrs.,N o. Cent. 75Ls
1st mort., convertible into com m on stock at par.r 75^3
Income bonds, 999 years to run......................... c*
85
Erie d P itts—Stock, 7 p. c. rental,999 yrs.,PennCo.
81
Consol, mort. (for $4,500,000) free o f State ta x .c
81
Equipment bonds................................................ -..C;
81
General mort., $4,500,000 series A , gold, guar...

1870
1872
1870
1872
1888
1873
1888
1872
1890
1894
1892
1871

1891
0.
1884
1884
1886
1884
....
1860
1863
1868
1870
1890

$1,000
1,000
1,000
1,000
100
1,000
50
1,000
1,000
1,000
Text.
1,000
100
100
100
100
1,000
1,000
1,000
1,000
50
50
1,000
500
50
1,000
1,000
1,000

B ondholders ’ Committee .—Thom as S. Krutz, Thomas G. Hillhouse. William W. Cook o f New Y ork, C. Lippitt o f N orwich, Conn.,
and J ohn Foster o f Providence. All the bonds have been deposited
with the committee.
Stocb authorizedandoutstandlng,$2,000,000; par $100. The Duluth
A Superior Belt was organized to extend the system to Superior,
Wis.—V. 62, p . 232, 277, 589; V. 63, p. 504, 1159.
Dulutli Ac Winnipeg.—
See D u l u t h S u p e r io r & W e s t e r n .
Dunkirk Allegheny Valley A Pittsburg.—Owns from Dun'

kirk, N. Y., to Titusville, Pa., 91 miles. A consolidation in 1872
o f the Dunkirk Warren & Pittsburg and the W arren A V en ­
c
ango companies. Leased fo r 400 years from 1873 to N ew
York Central & Hudson R iver RR., but accounts are kept separate.
Rental is interest on bonds and l^e p er cent on stock. Capital, $1,300,000: par, $100. The N. Y. Central & Hudson R iver Co. owns $1,067,600
o f thestock. In year 1895-96 gross, $218,160; deficit under operating ex ­
penses and taxes, $5,054. In 1894-95 gross, $232,262; deficit, $6,227.
In 1893-94 gross, $243,537; deficit, $114,908.
Durham Ac Northern B y . —Henderson to Durham, N. C., 42
miles. Part o f the “ Seaboard A ir Line” system. Dividend in 1892-93
2 p. c., in 1895-96 2 1 p. o.
*
2
E a r n in g s .— F or year ending June 30, 1896, gross, $70,284; net,
$16,386; interest and taxes, $10,579; dividends, (2Lj p. c.), $7,252;
balance, deficit fo r year, $1,445. In 1891-95 gross, $66,478; net,
$19,387. In 1893-94, gross, $53,081; net. $9,337.
East Broad Top BB. dc Coal Co. (Pa.)—Owns from Mount
Union, Pa., to W oodvale, Pa., 31 miles, and leases Shade Gap, 11 miles,
and branches to mines, 3 m iles; total, 45 miles. A coal road opened
In 1874. Stock $815,589 (par $50), o f which $247,189 is 6 p. c. pref.
E arnings .—Y ear ending June 3 0 ,1 8 9 6 , gross, $76,537; net, $12,834;
other incom e,.$609; interest, etc., $24,497; hal., deficit, $11,044. In
1894-95 gross, $66,745; net, $11,749.
past III all anoy BB.—
Owns from East M ahanoy June, to Waste
House Run and branches, 15 miles. Re-leased Dec. 1, 1896, for 999
years to Little Schuylkill Nav. RR. and Coal Co. and lease assigned to
Phil. & R. Ry. Of the stock $280,000 Is owned and deposited b y the
Reading Company under Its general m ortgage o f 1896.
Past Pennsylvania.—
Owns Reading, Pa., to Allentown, Pa., 35
miles; second track 18 miles; all track 71 miles. Leased for 999 years
from May 1, 1869, to the Philadelphia & R eading R R . at a rental o f 6
per cent per annum on the stock and interest on the bonds. Lease as­
sumed in 1896 by the Phila. & R eading Railway Co. Of the stock
$875,000 Is owned and deposited by the R eading Company under its
general m ortgage o f 1896.
East St. Louis & Carondelet By.— oad from E ast St. Louis
R
to Falling Springs and East Carondelet, 12 miles. Stock authorized.
$500,000; issued $420,000 (par $100), o f which Penn. Co. owns $310,100.
E arnings .—F or year ending D ecem ber 3 1 ,1 8 9 6 , gross, $76,767; net,
823,250; interest, $14,856; balance, surplus, $3,395. In 1895, gross.
$89,943; net, $24,989.
’
’ 8
Past Shore Terminal,— o a d .— Owns term inal road In Charles­
R
ton, S. C., 3 miles double track laid with 60 pound steel.
Company also owns 14 wharves, 30 warehouses, about 30 acres of
land, 4 cotton compresses, etc., on the eity’ s water front, these being
connected by Its own road with the other railroads entering the city.
, ™ £CEIVER8Hn,-~ w - E - H uger was appointed receiver In January.
1896.—\ . 62, p. 138. Stock outstanding, $1,120,000. In 1894 four
first m ortgage coupons (Feb. 1894, to Aug., 1895, inclusive) and six
consol, coupons (Sept., 1893, to Maroh, 1896, inclusive) were funded
into 5 p. o. scrip. First m ort. coupons due Feb. 1, 1896, were
;,ot, Phl“ - Net earnings for year ending M arch 31 ,189 6, were $19,524;
In 1895, $55,682; In 1893-94, $44,528. (V.62, p. 138.)
*
Past Tennessee Virginia Ac Georgia.—
See Southern R y . Co
Past Tennessee Ac Western North Carolina.— narrowA
gauge road from Johnson City, Tenn., to Cranberry, N. C„ 34 m iles
S f i n u i ' j 8? ' M ortgage trustee is Guarantee Trust & Safe D eposit
Co. o f Philadelphia. Stock June 30, 1896, $501,900. E xtension Cran­
berry to Llnvnle, 14 miles; expected to be com p leted in June, 1897.
« . ^ A o^tKGS-_ F ? r„ ycar ending June 30, 1896, gross, $51,318; net,
,R
$34* 729’ agam8t $9>
5
162 ln 1894-95; charges, $17,711; balance, deficit,
East Ac West Ballroad.—
Cartersville, G a„ to Pell City, Ala., 117
branches, 5 miles. E xtension f tom Pell City to Birmingham Is
projected. Formerly the East d West RR. o f Alabama, sold in forea ? ; U i> ,ay,29', 189:1
iT
P- 923.1 The present com pany was*Incor­
porate'1 under laws o f Alabama Jan. 11, 1894. No bonds issued
President, Edward Kelly, New York. In year ending June 30 1896*
U°i8a o i Jnr(602; net, $4,243; charges, $9,736; balance deficit, $5 493’
In 1894-95, grosB, $78,196. (V. 55, p. 938; V. 56, p. 463, 923.)

from R lverton to W ebbville, Ky.,
36 mile a. Chartered In 1866 and opened through, in 1889 Stock is

$1,000,000
7 g- J. & D. N. Y., N. Y. C ent.* Hud.
300,000
7
A. & 0.
do
do
1,000,000
7 g. J. & D.
do
do
600,000
7
A. & O.
do
do
290,100 See text.
150,000
6
M. & N.
500,000
4
j . & j . Jan., ’85, int’st last pd.
5
497,750
J. & P.
1,730,450
6
J. & J. Phil., Phil. & Read. Ry.
495,000
do
do
4 g. M. & S.
200,000
A. & O. Pittsburg,Oft'. Penn. Co.
7
1,000,000
In default.
5 g- F. & A.
166,480
Text.
277,000
See text.
8 g. M. & S.
250,000
6
M. & N. Phila. Gu. T. A S. D. Co.
c
1,500,000
3,447,300
738,750 3 per an. J. & D. Boston,Off. 52 Oliver St
3,000,000
A. & O. Boston, by Treasurer.
3
6,633,000
c
5 g. M. & N. N. Y., J. P. M organ A Co.
750,000
c
6 g- A. A 0.
1,250,000
5 g- A. & 0.
300,000
6
J. & J.
500,000
5 g. J. & J.
500,000 5 per an. M. & N.
500,000 7 per an. J. & J.
963,000
6
j. & j .
570,000
5
A. & O.
1,998,400 7 per an. Q .-M .
2,109,000
7
J. & J.
A. & O.
511,000
7
775,000
4 g. J. «fc J.

Phila., Lehigh Val. RR.
do
do
do
do
N. Y ., Nat. Bank Com.
Phila., Broad St. Sta.
do
do
do
do
do
do
N. Y ., Union Trust Co.
do
do
do
do
do
do

June 1, 1900
Oct. 1, 1900
June 1, 1900
Oct. 1, 1900
1895-96, 2 ^ %
N ov., 1928
July 1, 1903
Jan.,
Mch.
Oct.
Aug.

'9 7 ,3 %
1, 1958
1, 1897
1, .1915

Mch. 1, 1902
Nov. 1, 1905
D co.15,’96,11a
Oct. 5, 1896
M ay 1, 1941
Apr. 1, 1914
Apr. 1, 1914
July 1, 1906
July 1, 1924
N ov., 1896
J a n .,’9 7 ,3 ^ %
Jan. 1, 1910
Oct. 1, 2862
D ec., 96,1% %
July 1, 1898
Oct. 1, 1900
July 1, 1940

E a s t e r n (N . H . ) —Owns from Portsm outh, N. H ., to Seabrook
(Massachusetts State Line), 16 miles. Leased to the Eastern RR . (now
consolidated with Boston & Maine) from October 1 .1 8 7 8 , for 60 years
and 2 months at $22,500 per year. In June, 1891, a stock dividend of 50
per cent was paid. Dividends since increase, 3 per cent per annum.
E e l B l v e r . —Owns from Logansport, In d .,to Butler, Ind., 94 miles.
Foreclosed July 6 ,1 8 7 7 . Leased fo r 99 years, A pril 1 ,1 8 8 7 , renewable
forever, to Wabash, at 2 per cen yearlv on the stock till A pril, 1892,
then 2^2 till 1895 and 3 per cent thereafter. The A pril, 1896, divi­
dend was H e p. c.; Oct., 1 ^ p. c. (V. 58, p. 7 1 6,11 10.)
E l g i n Joliet Ac E a s t e r n B y . —(See M ap)—Owns from W aukegan
111., on Lake Michigan, via Spaulding and Joliet, to Porter, Ind., 130
miles, and branches Norm antown to A urora, 10 miles—W alker to Cos
ter. 111.—32 miles; spurs to coal m ines, etc., 15 miles; total owned, 187
miles; trackage (L. N. A . & Chicago, 9 l3; Chicago Sc W est Indiana, 4-8;
B elt R y. o f Chicago, 2), 16 miles; side tracks and yards owned, 66
miles.
Org a n iza tion .—A n outer belt line at Chicago fo r transfer o f freight
from one line to another w ithout breaking bulk. Also readies ooal
fields. In 1894 trackage to navigable water o f Lake M ichigan was
secured b y 99-year contracts with L. N. A. & Chicago from Dyer, Ind.,
to Illinois State line (near Ham m ond), 10 miles, and with Chicago &
W. Ind.; from there to South Chicago, 5 m iles, where the com pany lias
purchased extensive term inal p rop erty on Calumet River, including
1,255 feet o f water fron t. The South Chicago exten sion was opened
Oct. 27, 1894.
Sto c k .—Stock, $6 ,000 ,000 ; par, $100.
B onds , E tc .—First m ortgage (trustees Central Trust Co. and Augustus
L. Mason) is for $10,000,000; the balance unissued can be disposed of
for extensions, betterments, etc. Eciuip. notes Deo. 1,1896, $160,875,
and loans and bills payable, $126,25~0.
E arnings .—8 m onths, >1896-7...... Gross, $7 93,6 14; net, $274,981
Ju ly 1 to Feb. 28.
S 1895-6.......Gross, 84 2,95 1; net, 292,727
A n n ual R epo rt .—F iscal year ends June 30. R eport fo r 1895-96
was given in V. 63, p. 552. D uring the year, $170,117 was spent for
“ m aintenance of w ay ” against $122,677 in 1894-95 and $130,187 for
“ m aintenance o f equipm ent ” against $100,960.
Tear end. June 30. 1895-96.
1894-95.
1893-94.
1892-93.
Tons carried 1 m ile.193,818,870 162,252,418 137,983,578 126,824,946
Av. rate p. ton p erm .
$0-0064
$0-0065
$0-0072
$0-0068
Gross earnings......... $1,292,420
$1,080,686 $1,020,326
$920,032
Expenses and taxes.
846,305
730,752
699,865
677,674
Net earnings.......
Interest and rentals.
M iscella n eou s..........

$446,115
345,873
23,311

$349,934
335,419
44,028

$320,461
303,950
17,299

$242,358
289,084
........

Balance................. sur.$76,931
def.$29,513 def.$788 def.$46,726
President, Samuel Spencer, N. Y. (V. 61, p. 9 2 3 ; V. 63, p. 5 52.)
E l m i r a C o r t l a n d Ac N o r t h e r n B y . —( See Wap L ehigh Talley.)—
Owns Elmira, N. Y ., t o Canastota, N. Y ., 119 m iles, and leases during
corporate existence, Canastota Northern, Canastota to Camden. N. Y „
21 m iles, whose first m ortgage bonds are stam ped guaranteed principal
and interest. Stock $ 2,000,000; par, $100.
In F ebruary, 1896, the entire capital stock was purchased and bonds
guaranteed by the Lehigh V alley. V. 62, p. 1177. Operations now
included in Lehigh V alley statements.
in year ending June 3 0 ,1 8 9 5 , gross, $432,718; net, $124,679; other
incom e, $1,859; rentals, $18,000; interest, $ 1 0 7 ,5 0 0 ; balance, surplus
for year, $1,038. In 1893-94, gross, $365,026; net, $93,502. (V. 57,
p. 5 9 5 ; V. 59, p. 4 2 2 ; V. 61. p. 794; V. 62, p. 3 6 4 ,1 1 7 7 V. 63, p. 402.
E l m i r a Ac L a k e O n t a r i o B y . —Owns from Canandaigua, N Y., to
Chemung Junction, 64 m iles; Sodus P oint to Stanley, 34 m iles; other 2
—total, 100 miles. A consolidation in Decem ber, 1886, o f the Sodus Bay
S Southern and other railroads. Leased at cost o f operating to the
c
Northern Central, which owns all the $1,500,000 stock. Lease may
be term inated on thirty days’ notice.
E arnings—
Cross.
Net.
Inleresl.de.
Bal., def.
1 8 9 6 ....................... $665,485
$5,906
(?)
(?)
18 95....................... 594,615
loss. 91,636
(?)
(?)
1894....................... 540,221
loss. 33,729
41,884
$75,613
E l m i r a Ac W i l l i a m s p o r t . —Owns from Williamsport, Pa., to
E lm ira, N. Y ., 75t3 miles. Leased to the Northern Central Railway
for 999 years from M ay 1 ,1 863 . The dividends on the com m on stock
are 5 p. c. and on the preferred 7 p. e., less taxes, m aking dividend on
com m on 4-58 per cent and on preferred 6-38 per cent. Year ending
Deo. 31, 1896, $1,014,190; net $214,944. In 1895, $923,762; not,
$141,217; rental, $169,678.
E r i e Ac P i t t s b u r g B B . —Owns N ew Castle,Pa., to Girard, Pa., 81
miles; branch, t o Erie Dooks, 3 miles; trackage, to Erie, 17 miles; total
operated, 101 miles. Leased to the Pennsylvania Railroad lor 999
years from March 1, 1870, at a rental o f 7 per cent on stock and
interest on the bonds, and the lease transferred to the Pennsylvania
Company. Under the general m ortgage sufficient bonds are reserved
to retire prior bonds w hen due. The lease has been quite unprofitable
to the lessees, the deficiency being in 1889. $290,734: in 1890, $267,705;
In 1891, $201,724; in 1892, $2 06,430; in 1893, $188,216; ln 1894,
$86,212; in 1895 profit $7,524; in 1896 loss $321,756.

A p r il ,

KAIL-ROAD

1897,J

STOCKS

AND

BONDb.

35

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A N D

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A p r il , It-'* 7 ]

EAILEOAD

STOCKS

AND

BONDS.

a7

B onds—P rin c i­
IN T E R E S T O R D IV ID E N D S .
_____
B•
UJLKOA.DS.
p a l, w h e n D u e .
' M iles : D a te Size, o r
A m ou nt
of
M ocks—L a st
of
Par
F or explanation o f colum n headings, &o., see notes
Outstanding R a te P e r W hen j W here P a y a b le , a n d b y
C ent.
P a y a b le j
W hom .
D iv id e n d ,
R oa d . B on d s; V alue.
on t o t page o f tables,

100 100,000,000

F r ie
i lraa.il Cornpa up — obquion stock* ----- --O
Fref. stock, doji cam . ($16,006,000 is 2d p r o f.)...
A —O ld B o u d » a s s - u e d - - R oads C onsolida
r
jf,Y. &E. 1st M.,P lena. to Dun.,X. Y. .ex t.<
text M*
Do. 1st M. -old 7s extended in 1897'!, g o l d ..e ‘
2*1 mortgage, (extended in 1879) g o ld ....
-.c*
3d m ortg a g e,«extended in 1883) g o ld - ,.. — c*
4th mortgage, (extended in 1880) g o l d .------ .e
5 t h m ortgage (extended in 1888), g o ld .,....... e ;
Erie R ’y .ls t M..Buff. Br.« Hornellsv. to Attica,g.c‘ ‘
1st consoL rnort., $30,000,000, gold, $ S £ . . .e*
c
If. Y. L. E. «fe West, funded coupon bonds, gold-V
Buff. X. Y. A Erie. 1st M. (Buffalo to C orning, .c
B a d . dt Soatliw., \at M-. B u ff to Jam estown, g e
L ockpori & Bud., 1st M .t Tern, to L oekporf, N .Y .
s’ewbtirg A X. Y. 1st m ort., extended In 1889.. c
§m p m . Bridge A E to June,, 1st M., gnu by Erie

100

4 6 ,0 0 0 ,0 0 0

446
1 8 4 7 1 ,0 0 0 )
7
>r. & x . N. Y „ 21 C ortla n flt St2 ,4 8 2 ,0 0 0 {
446
do
do
4 g . S£. & N .
1 84 7 1 ,0 0 0 <
4-16 1 87 9
1 .0 0 0
5 c- M. ,v 8.
do
2 ,1 4 9 ,0 0 0
do
446
1853
1 .0 0 0
4 ,6 1 7 ,0 0 0
4 las. M. & S.
do
do
4 05
do
do
1 85 7
1 ,000
2 ,9 2 6 ,0 0 0
o x. i . * 0 ,
4 65
4 S. J. ,e D .
do
do
7 0 0 ,5 0 0
1 85 8 .5 0 0 &C-.
60
do
do
1861 W O &i-.
1 8 2 ,6 0 0
4 g . J. & J.
5 26
do
1 87 0
1.000
1 6 ,8 9 1 ,0 0 0
7 e . M. A 8.
do
520
do
7 g . M. .t 8,
do
1 878 5 0 0 «Sc.
3 ,6 9 9 ,5 0 0
1 40
do
1 87 0
1 .0 0 0
2 ,3 8 0 ,0 0 0
7
J . & D.
do
do
67
1 8 7 7 5 0 &e.
do
1 ,5 0 0 ,0 0 0
6 g. J. & J
15
18 7
do
.........
7 ~ i 4. & 0 .
do
1 1 0 ,00 0
12
2 5 0 ,0 0 0
do
1 868
1 ,0 0 0
5
.1. & J.
do
23
1870
1,000
9 6 5 ,0 0 0
do
do
7
,T. *
H ~ 8 o n d * o n P r o p e r t i e s C o n t r o l l e d b y . O w n , a sm !* OF ESTl REG) OR A M AJORITY H) OF CA ptTAi. S t o c k , o r b y (T)!
18 s i
......
10
2 0 0 ,0 0 0
6
A . A 0 , .v. Y „ 21 C ortla n d t St.
-B ergenC o. HR . 1 -tM ..R ath. Je. to R id g e w .X .J .
1878
......
•Blossbnrg Coal Co., 1 st m ortgage, g o ld .. . . . . . . .
O K , J. & J.
do
4 0 0 .0 0 0
do
1 2,0 0 0 .0 0 0
249
5 g. M. Sc X.
do
1 890
1 ,0 0 0
do
*Oh.A Erie 1st M .,g.(M&rioii,0.Go Haram'd.Ind.c
1 88 8
..........
3 0 0 ,0 0 0
do
do
5 g. .1. A- ,1
Chicago S A tlanticT erm inal, 1st niort., gold ...
c
7
1875 5 0 0 &c.
7
A. * 0 . Eiruira, C h em u n g Co.Blc
1 6 0 ,0 0 0
jElmlra" State Dine Railroad. 1st .m ortgage........
T *89
88
.........
f Gosh. S D e c k s’ ll, 1st S 2d M’s.. C$60,000 are 2d c
c
2 4 6 .5 0 0
6
V ariou s
8
1 867
1 ,0 0 0
*Jeffers’ n.l st ifc2d M’s,, e x .in ,87&‘8l)(H’dale Br.se
3 0 0 ,0 0 0 4 * 9 * 0 J. * .1. P lillu., F ifle lltv T r, Co.
37
1st mort., Carbondale to S. depot, g o l d ..... ..e*
1 889
1 ,0 0 0
2 .8 0 0 ,0 0 9
5 a. X . A- O X , Y „ 2 1 CorilKttflt 8t.
1 ,0 0 0
7 .5 0 0 ,0 0 0
" Long Dock Co.eon.%.M,.g.(now 1st M.t (see text sc4 . . . - 1 885
6 K. A. * O, X-.Y..J. P. M o rga n A Co.
......
.. ’ 66-’ 6T
f Mont. & Erie. 1st & 2d inerts. C$10,500 are 2ds)
1 7 0 .50 0
5
V ariou s X. Y „ 21 C orriau.U St40
1896
1 ,0 0 0
5 g, M. A V.
do
do
5K .Y.ScGreenworn! L J h cfe rlte a 3f.,81,500i000,f •
1 .4 4 2 .0 0 0
34
1 88 0 5 0 0 See
do
JNew Jersey & X. Y ., 1st M. {R iorgaB ijatlew .. -t*‘
4 0 0 ,0 0 0
6
!m. a s .
do
34
do
1 885 5 0 0 A c.
3 ,0 0 0
5
J. i J,
do
2dM ., Erie Je., to O aroersv.,29 «j»,A bobs. 5 *n>!
1 892
_____
5 1 3 .0 0 0
Gen. 51., $1,200,000 (red,. 105 after 5 rearsi. ..a
s
,r. ,t ,T.
do
no
6
M. ,V S.
do
do
1 20 ,00 0
2U*& y .V . Extern, 1st M.. int.. «u. by X .J.A X. V.
2*8
‘ N.Y L.E.A W.C.& RR, 1st M . ‘ lawful nmuey” .e
1 ,1 0 0,00 0
1 88 2
1 ,0 0 0
6 cu r. M. A X, X. Y ., 21 C o rtla n d t St.
1883
1.000
K
.! A- J.
do
do
* 8. Y. L. E.,k W.D.& f. Co. 1st M,, see V. 56, p.H2.«r.
3 .3 0 0 ,0 0 0
1 880 -.(«!, ,V
4\>k. M ,v 9
do
do
*N. Y. Pa. S Ohio, p rior lien M . gold. $ & £ . ... ,« r . 431
c
8 .0 0 0 ,0 0 0
b o . Leased lines—
-sc# separate siiitemeiits for C tev, AM ab* V alley R R ,, Slm ron R v. ami Vt-wCii.s t ic A Shen. V a lie v .
’ 5 2 -' 77
.........
5 0 4 ,5 0 0
DAT
V ariou s
*.Tfog» Railroad bond*. (See that com pany). ..
iv k r le

M ay
Sept.
M eli.
O ct.
June
J u ly
Sept.
S ept.
June
J u ly
O ct,
J an .
J u ly

1.
1,
1,
1.
1,
1,
1,
1,
1.
l.
I,
1,
1,

1947
1 919
1923
1 920
1928
1931
1920
1920
1916
1 90 3
1 89 7
1929
1900

N o v . 1, 1 9 1 5
M a y 1, 1 98 2
J u ly 1, 1 91 9
O ct. 1, 1 90 5
192 8 -2 9
J u ly L, 1 9 2 7
J an . 1. 1 9 0 9
O ct. 1, 1 9 3 5
1926-27
M a y 1, 1 9 4 6
M ay 1, 1 910
J an . 1. 1986
1 932
M a v, 1 9 1 0
M ay 1, 1 9 2 2
J n lv l . 10 v*
M ar. 1, 1 9 3 5
1 905 & 1 915

R a i l r o a d C o m p a n y N ttw B o n d s .

Vew 2d inert, on B afftlo S Nmtthu e-On, «old ac
Hew l*t. consol. M. for $175,000,000 seeurin - ?
Prior lien bonds, |35,OPO,00»», g o ld ...... . . . c a t
General lien bond-, $ 14 CM
wiai.fifNK gold .. * ' r
*

67

1895

1 ,0 0 0

1 ,0 0 0 ,0 0 0

1895 50*1
iH'i,’ 5 6 0 <%r.

K r le R a i l r o a d Mttp fen
pcifft- —Embfune* trunk
line ftom J e n e y City, op posite New York C ity, t * C h ica g o , 111.. 9 8 6
miles, and branches 1*153m ile*; total, 2*139 m H e-: second track. 010
m iles; aiding*, 1,101 m ilm i total o f all track, 3,727 ml lea. The total

o f 2 ,1 3 9 mile?* c o m p r is e s :

.£»f**€# Mfmtfi In fer.
MU#$ . 1 T rm k 8ta* Cto S W m 1 Indl ana 20
c
hie*.
M U',
P lcnnont, X. Y., to D unkirk,.,.44' ‘ | Lemtnt (■
i. A Ml, Mv
B u f f a l o t o J am**-* t o t a . . . . . . . . . . » (S' ' I A von
.... U S
Buffalo to Oo rnln g ......... ,.,,,1 4 0 *j Montgom*bty A Erie,
.... f i o
Other b ra n d ie s. ------- ......... . . l i t l ! Gmdten S D
c
r n .... . . . . -1 2
Mat k all * o r nr arty ail j
f Reels, S C mtmm Va Itoy . . . . f t s
c 1
LeaM l In Yo/, trm U k
*Chhsup> & Erie___ __ . . . . . . . 5 2 19
•Jefferson RE.. . ...................... C i [' Cluve. h Mahoning \ i*X_ ...... '8 1
* _
IX. Y, A Orofcttw ood U Sc !ire..
7 1 I New C
to S m m . Val, . . . . t l 7
c
*Xesr Jersey a New Y o r k .... 735 i |Blmrr»ix R ill way . . . . .
i
... ’ll.’.
. . . . 100
*Xypatio %
n ...................**43* 11 Oteer
11 Truckmjt,
;T !o g » B it.
....
54
Other line*.
174
. . 2,139
•1 All 1 F * t n .*y«te-m..
1 i(«\
11 Operate* 1 o f N. J
«•>.
...
26
T o ta l.

3 0 .0 0 0 ,0 0 0
3 1 .0 3 2 ,0 0 0

5 g.

J. A

J.

J u ly 1, 1 90 9

N ew Y o r k C ity.

4 k . J. A J, X'<-.V Y o rk A Lm ulon.
3 -4 er. .1. ,1 3. Xst co u p , d u e J an, 1. *97

i A d e — H inton o f the L a n y ik tek 6a w a s In M a rch , 189 4 SmutoBMEXT
,
j u n d er X. Y. L E Sc W. T h e y e a r ly re n ta l is $-450,000.
| F o r S , F. L a k e Era- f IF. Goal *&MB,, » m St/t‘ i*LKM knt J a n u a r y , 1 8 9 5 .

\

UNDteTLRRED S t o c k w t> B o n d s :—A « said a b o v e , $ 9 2 ,0 6 3 ,0 0 0 o f
th e n e w gen eral Ilea b e a d s w e r e re se rv e d f o r th e s o le p u rp o s e o f re: tirin g a t o r before- m a tu rity a ll u n d e rly in g b o n d s a n d b o n d s o f le a s e d
an d su b sid iary com p-ante*, and p ra etm u lly all th e gu aran teed -to o k * .
A AUftiiiiary o f a l l sneh un d istu rb ed se cu ritie s to g iv e n in th e ta b le s
n e x t fo llo w in g . T o ta k e up th e fo lio w in g b o n d s a n d o a r tru s ts, g e n e r ­
a l lie n b o n d s f o r 8-81.OOO.OIM) mm h e ld In e s o r o w
O ld E rie b on d *. . . . . . $ 3 3 ,6 6 3 ,0 0 0
O th er o ld b e a d s , p e r
ta b le a t to p o f paged 4 2 ,4 2 7 .2 0 0
B uff. B rad.& P itt*. 1 s t'
3 9 5 .0 0 0
. d e v - A Mali.Vrti, 5*r ..
3 ,0 0 0 ,0 0 0

M iddtefu A draw., t
X.t:‘a slle J cS h e n .V a l.*

J S h a ro n R R 0 .................
E rie e a r tru sts d u e
i a fte r N ov. 1 ,1 8 9 8 ..
i X . Y . Pa. A O hio e a r
i tru sts
.........

8.800 !
2 5 0 ,0 0 0 j

$ 1 6 4 ,0 0 0
2 ,1 4 2 ,0 0 0
1 ,9 5 0 ,0 0 0

-— — — ----T ota l

............ $ 8 4 ,0 0 0 * 0 0 0

1895

* Tilts d o e s a n t in e lu d o lii.iffa.to Sc S. W , D lv. 5 s o f
, $ 1 ,0 0 0 ,0 0 0 *
|X . Y . A Clreettwmm! I jakn .%*, $9,58,000-,jir X . J e r s e y A N ew Y o r k b o n d s .
* D u e a n d retired J a n . 1 , 85>*», but t o s ' b o n d s n o t issu ed In J u ly .
smled. to the property o f the old New | % S ee se p a ra te sta te m e n t fu r tibia le a se d c o m p a n y ,

. tm

UtST
O n D m , l , 1895,
Y o r k l a k e E rie Sc W e*tern Ret.
nmpnny,, #0.1a In toreei;o«ure o n N or.
IhliiU d m
T l m new mmiiiiifsr h«l*to in
fe e o r Its rou gh ow n s m M m o f a
nil the #tr«cY o f 'the hidep e w te o I co m pan i**?«, the lin e S
i
New To rk t-O Chinn go (including the
1
X jp a it o R R an d Cb
and a too a11 branch and
r S Erl eompan!
c
iui>*ldlarr lfrw«* e xc#
3 proper tie#
IttHIdlo u t 300
m iles held u n d er teaTl >re
r|gn*t, 18 9 5 . w m
tatton p l a n !
p, 364 . Tfw
given at length in V.
h e a teb k o f the
o ld X. Y. I* E. A W.
110,7 tl5,t4$8,
the jjf. Y. P. A CL a g ,s
t ti 1 806 th e Xr«w V
4 te ik e '
sc,
»?t plan in V.
§2,. p, 233 : V. C l. I 189 ; th e A o n t *
5ft. Me
r.*sr p la n In
V. 82, p . 3 1 9 , a m i c o n tr o l o f th e ■ -w Jers* St X o w
rk w t e purlube ¥* tki» p , 0 8 3 ) h i a ll $ 7 1 tee o f r*,» el
repn.vOHAh AND 8TRAMIWI4Y Pi
K'HETY.- T h * E.n eoa i prop?:
sent an
o f 10,
a cre* o f anti
T WIIWU about
9*000 mmm nr>? hold In t<
elm 53.0CW4 aer«*«
Rtirnlfiofi* mml
immtn held in fe e I i .o o o
n o f bitutiiinona
tinder talnetaJ
right*, It* c o a l to n n a g e te
» p e r 18034H. aggi
rtl 9,11.0,258 out
o f the 1 5,245,27- tarn haul
tent p u n y has ite
T h e C f i t o h r S te u tts
‘
.te rm in a l an d oth c ' p r o p
n B a ffa io a n d a ft*
flre lake steam mm, f e e Y . t>3, p. 5 1 4 .
SrcA’ R .—T h e #te
i* to bo te Id y .1, Pters«r
gu n. Itettis Fttzgeymld and
it. Bm
rtve rear*, and
Uierrafti'r nut
a! fttoek *hi»
bd t jmt
W B f t»ah d i r
r illl tntes o f
n this mttm
T b o new *
t e M fle ia l lute
the
■
tteh l to rtstimt
te m a t Atooi

6 under it* w roju l

0

1

f

F ix ci:> CjH.vftoK'C—’ * T h e fixed ch a r g e s o f th e E rie S y ste m lca lcu la te d
oft ail .bunds w h ich w ill b e ont-M undinff o n co m p le tim t o f tli« r w r g iiu ir a tio a l a re re d u ce d fre m $ 9 ,1 0 0 ,0 0 0 to $ 7 ,8 6 0 ,0 0 0 p e r a n n u m (in : e lu d in g p rio r Ilea b o n d s $ 1 ,1 7 0 ,0 0 0 ; u n d istu rb ed b o n d s an d s to c k
-500.000; g e n e ra l iter* h 'r u K $ ,
.
) a n d f o r t Sic first t w o y e a rs
a fte'- re o rg a n lra tlo n a fu rth e r re d u ctio n o f a b o u t $ 3 0 0 ,0 0 0 ner a n n u m
I* m ad e ts an a m o u n t n e a rly c o n a ted b y th e n e t e a rn in g s or th e p r o p ­
e r t y In 1803-94. F u rth e m io re in the n e w fix e d ch a r g e to in clu d e d th e
i Interest o n & la r g e su m o f m o n e y in te n d e d to b e s p e n t Im m e d ia te ly
f a fte r re*>rga«i)m yoa in im p r o v in g an d a d d in g to the p r o p e r ty . T h in
sh ou ld e n a b le the c o m p a n y t o e n la rg e Its b u sin ess and. 1$ to th o u g h t
I tratuMkht it w ith g t e n te r e co n o m y ,^
;
GK *RftA t Ft a \ x c t t —R t e reorgfttiixatlcm p ro v id e d a fu n d o f

1 181 000

lows: To pay floating debt* $!. 1,509*000;
, 825,015,600 torbe u-«*d a* fofd s,
to p a y o lla te a tru
on
0 ; to p a y p rio r Hen
:: # 2 ,3 0 0 ,0c0 0 ; e a rly! co n st b c tlo n $ 3 ,6 7 8 ,0 0en to (system ) and. e x pb o n d s ,,
strn
rofia irem
en ses

'S0,337,2'w
i-s,
fo r three yea rs, # 2 ,0 0 0 ,0 *0. T h e o ld c o m p a n y
w as g r e a tly h in d ered by took o f ca p ita l* b u t th is to re tn cd le d b y th e
j b o n d Issues, a llow ed un d er th e n ew m o rtg a g e . T io g a lift , th ird -ra il
m o rtg a g e b o n d * fo r $ 1 2 5 ,0 0 0 w h ich m atu red N o v . i , 1 896, w e r e p u r ■ ch a se d b y the E ric and held in »t* tre a su ry . N ew Y o r k S - E rie first 7s*
;
ir
;; d u e M a y 1 ,1 8 9 7 , e x te n d cel f o r 5 0 y e a rs a t 4 p, e. V, 6-1, p . 1 8 0 , 0 6 3 .
E,\*t*to<3«.—-8 m os, t 1890-7,.......jK T o ss , $ 2 0 ,9 0 9 ,0 9 4 ; not. $ 5 ,5 1 4 ,0 0 9
s i 895- 6
, gross, 2 1 ,4 0 7 ,8 6 8 ; net. 5 ,3 8 0 ,8 3 5

■ J ttly I t o F eb. 2 8 .

F ur 6 m on th s t o D ee. 31,. 1806* Muralna o v e r in te re s t eh a rg ea w a s
Itemire —
•
•tf#w Y ork Sc R tf# it re t 7# f*»t> $-2,482 m jo ;tm M ay I.. 1 897,
a re to h e * x ten d fii f a t *<0 y ea r* a t -4 p.,«..»p a y a b le t M I It! gold. V.
_A VNr u , RgtyiRT.— F tocal y e a r en d s J u n e 30. Ito p o rt fo r 1895*6 w a s
€-4, p. l,SO. Th & n ew m
eorreotelated. m oft-gage In o r # 1
75’.OO0,0C)0 giv e n a t length In V. 8 3, p. 4 9 8 , 5 1 2 ; see a lso e d ito r ia l o n p a g e 4 7 7 .
f ftannerw* Umv.i A T ru *t On, fnt»tee;.~-4* *% f i * { r « c I c deed. V. 02, p. 80 T h e re p o rt c o v e r s the itrren m onth* fro m D ec. 1, 1 895 (w h en th e n e w
a »
IKK) i uem lllen co m p a n y to o k p ossess tom to J u n e 3 0 , 1 89 0 , th e p o o re r p a r t o f tl.se
,
p r io r Iten b on d ii a n d # 1 4 0 M
. .yk*0 p r i o r Iren fttm d%
'bemd*. Oi|ih «
N to be teufl year* a n d show #, e x c lu d in g th e c o a l p r o p e rtie s, as f o l l o w s :
fe
f o r injure v■momate.
7 m onth*.
firm *.
}Vet.
Oth*r I n t. Ohargc*.
R a t., S u r,
Of fell** ;f 1.40,0 Ott.OOO ft*.m erfti Item bon4if. $1) |,904,001
•©served for
I 7 ,fll7 .3 7 6 # 4 ,1 3 9 ,0 5 3 # 5 5 .5 4 0 $ 1 ,0 4 3 ,7 8 9 $ 1 5 1 ,7 1 0
• * now left 1 99 6
k*
the u ltim a te ae*j
aea
180.5 . . . . . . . . 1 5 .9 9 0 ,7 0 8
3 ,0 4 3 .0 3 7
____ . . .
........
.............
W p:
a fld h te t e i on t
t the $M,K.M),CNK>
stecuuds on. Rf
E ,%
>
T h e $ 3 1 ,0 3 2 ,' o o gone m l lien h e a d s d id n o t b e g in t o d ra w in te re s t
62 , p. ifff, and
$17*0041,000 arc
fueute, additloiifi* till J u ly t , 1890. T h e su m m e r an d fa ll m o n th s u su a lly y ie ld t h e
ate.* a fte r 4897. u n d er ca re full
IIo b *. n o t o v e r la rg e s t re v e n u e .
fh w O .O W ) to be
In any oo«
. lien bond * bear
AN'vtur. R e p o r t .—T he e a rn in g s fro m 1 8 9 2 to 1 89 5 In clu siv e , e lim i­
Interest from July 1 , IMM, titer *.-o
rotary 1.1 897 , at n a tin g all cr o ss entries* e t c ., h a v e b een a p p r o x im a te ly :
i niiitnre J at;
3 per ce n t p e r annum f o r tw o y e a r
4 p e rce n t tte
•4*ns»fter.
Y ear en d in '}* - M p i. 3 0 / 9 5 .
kept. 30,*9 4. Sept. 30,*93.
kept. 30,*92.
The poeitton o f the first con d m ortgage I* s u to ta n tla lly
A ifo llo w * : It i* a first lien*, nil;
m o rtg a g e or aMster.-il ira a t O m m . . . . . . . . ___ $ 2 9 ,20 7 ,0 1 l $ 2 8 ,8 1 3 ,5 1 3 $34*194*854 $ 3 5 ,2 3 0 * 6 9 3
0 ,9 9 9 ,0 5 7
7 ,3 8 3 ,1 1 4
1.0,295,621
1 9 ,6 8 2 ,8 7 2
[th e p rio r lie n b on d *, h o w e v e r, p.rc
th e g e n e ra l iitsa bonds} upon X . t e a r n in g s ___
th e com pany*» primiipml c*»a.I p roj
upon i
ite r •ra n * p o rt ar : In co m e fr o m nth.
so u rce s . . . . . . ,.te-sk) 1 0 0 ,9 4 3
1 6 ,8 8 6
D r .2 4 5 ,6 2 1
D r .232*872
felon U see, itm la d in g v a lu a b le term:
>
rtenaf.it the to to, :
and upob a nm u ;»er o f p rtiftiaM >to* ai lin » In X?" J e r s e y ;m«i n ea r
N e t . . . , . . . , . . $ 7 ,1 0 0 ,0 0 0
$ 7 ,4 u 0 ,0 0 0 $ 1 0 ,0 5 0 ,0 0 0
$ 9 ,4 5 0 ,0 0 0
B u ffa lo ; It fe a scra w l li<n tipoti the re a ntng coal properties and
hpoxi th « rai!roa.D le a d in g t o all the co. properties, upon the ter*
OrptO Baa—'P resident, E . R . T h o m a s ; S e co n d V ic e P re sid e n t, W . F .
miaala at J e rs e y C ity, u p on the B u ffa lo tew Y *Tk & Erie R ailroad M e r r ill; T h ird V bje-P res., A n d re w D o n a ld s o n ; F o u rth V ic e -P ro s ,, <1,
(the main line to Buffilm and the Ruff.... term inal properties oth -r O . C o c ttm n ; S e c r e ta r y , J . A . M id d le to n ; T re a s u re r, E d w a rd W hite.
*
...
thao. ih o»e upcm whtoh it I* first \
\
and up on th e e n tire lin e fro m SalD l hk < T on s.—C. ff. C o ste r, J. J . G o o d w in . A b ra m S. H e w itt, J o h n G .
*
nmanca to Onieago: n m a
•
,>
marifffMr u p on t h - lines M cfM ln u g ii. D. 0 . 51111.', A le x a n d e r E. O rr. G e o r g e vv, Q u in tard .
o f tlie orig in I Erie R y . betw<
F icrm ont and Dunkirk * 116 miles.)
Samuel S p e n ce r, F ra n cis L y n d e S tetson , E b e n B . T h om a s, J . L o w b e r
Olfl f i o v h - U n d e r the fir* .mnml. m _ flg a , .c Mf 1895 the cornpany W elsh find S am u el E , W illia m son .
...
.. __o ' J j g o U
G o v e n a n t s t o p a y t h e i n t e r e s t r e g u l a r l y o n a l l t h e a i d b o n d * in t l i s
—(V . 6 2 , p. 3 9 . Hi, 8 5 , 8 6. 180, 2 3 3 . 2 7 7 , 3 1 8 . 3 6 5 . 4 1 4 , 4 5 6 . 5 0 2 , 5 4 9 .
tab le that a re m arked'w 'ltii a # o r a S la x r o p t X . J . *% X. Y, b on d s,) 5 8 9 , 6 * 3 . 7 2 6 . 9 0 8 ; V. 6 3. p. 189, 2 2 9 , 3 5 8 , 4 7 7 , 4 0 8 , 5 1 2 , 9 2 2 ; V .
6 4 . p. 180 , 3 7 3 , 003.1
a n d t o ta k e them « p mmi p le d g e th em w ith th e tru stee a t m a tu rity .

00 0
0 ,0 11

5 8

INVESTORS’

SUPPLEMENT,

[VOL, LXIV,

Subscribers will confer a great favor b y g i v i n g immediate notice of any error discovered In these Tables.

Rond#—Princi­
INTEREST OR DIVIDENDS.
RAILROADS.
Miles Date
pal,When Due.
A m ount
Par
of
of
* or explanation o f column headings, A c., see notes
Outstanding Rate per When Where Payable, and by Stocks—Last
Road. Bonds Value.
Cent. Payable
Whom.
Dividend.
on tlrat page o f tables.
S r it Railroad—tOoncTd) — n —C a r T r u s t * , E tc .
1888 $1,000 £ $2,920,178
....
N. T. Car trust, 1888, ser. A. (guar, oy D. A H .) ..
1,000
N.Y.L.E.& IV. oar tr.,B. to O. tool., part pd. an.o* . . . .
1,260,000
1895-6
....
D. & H. and Pa .Coal ear trusts (V. 63, p. 514) ..
’88-’90 £1 00
1,789,505
M.Y.Pa. A Ohio ©a. trusts, snk. fd. 3t, dr’ n at 100
Genes see Va Hey Sto cks—S ee th
Avon Geneseo A Mt. Morris and Rochester A
1,000
500,000
19 1883
Sureka Springs—1st mortgage, g old ........................0
....
500
500,000
1883
2d mortgage incom e bonds, non-cum......................
1,000
251,000
40 1879
Evansville £ Indianapolis—T. H. A Southe.lst. M.c*
1,000
653,000
55 1884
Evansville A Indianapolis 1st m ort..gold,»niar..c*
1,000
1,596,000
Con.M.($2.500.000>g.,gu.p.&i.(end.)Ev.AT.H.o' 135 1886
1,000
65,000
80
1888
Evansv. ,f Richm'd— West’ n Div. 1st mort., gold.c*
50
___
....
3,996,683
Mvatutville tf Terre Haute—8took ($4,000,000)..........
___
50
1,284,000
Prof, stock, non-cumulatlve. Sec te x t.................
30,000
115 1880
Consolidated m ortgage (now 1st lien), g old ........
144 1881
3,000,000
i.o o o
1st consolidated m ortgage, gold .......................... c*
1,000
375,000
25 1883
Mt. Vernon Branch mortgage, g old .................... o*
1,000
30 1890
450,000
Sullivan County Coal branch m ortgage, g old ., c*
1,000
2,123,000
199 1892
1st general m ortgage for $7,000,000, gold....... c*
49 1870
1,000
775,000
Evansville Terre 11. & Okie.—1st M., g.,lnt. guar.-C*
49 1873
1,000
325,000
2d mortgage, gold, iut. guar, by Ch. A E. Ill— c*
150,000
1881
170,000
1883 500 &c.
Fall Brook—Cot. Cow. A Antr. deb., red. at 100,g.o”
1,000
1888
320.000
Farmville A Powhatan—1st mort. tor $ 5 50,0 00---1889
1,000
500.000
1,000
1894
1,200,000
Findlay Fort Wayne < T . Hallway—1st M. gold..c*
£ F
1,000
....
1894
2d mortgage, income, uon-cum .,gold...................r
800,000
100
7,000,000
100
17,360,000
Pref. 4*Yer cent stock, non-cum ulatlve..................
1,000
1877
500,000
B onds........................................................................... o ___
4,500,000
Bonds,$500,000 yr’ly,’99to 1903 inch, bal.lOOS.c* . . . . *79-’88 1,000
1889
750,000
Bonds............................................................................. —
Eureka Spring*.—
Seltgman, Mo., to Eureka Springs, Ark., 18*5
miles. Stock, $500,000; par, $100. Current liabilities June 30, 1895,
$2,935. In year ending Juno 30, 1896, gross, $62,746; net, $31,996;
in 1894-95 gross, $69,520; net, $37,815; charges, $32,151; balance,
surplus, $5,664. In year 1893-94 gross, $70,149; net, $40,801.
Evansville Sc Indianapolis.—
Owns Evansville to Terre Haute,
Ind. (via W orthington), 138 m ile s; branch 6 m .; leases branch, 12 in.
H ist o r y -, E r e . —A consolidation in October, 1885, o tth e EvanvlUe &
Indianapolis, the Evansville Washington & Brazil and *the Terre
Haute & Southeastern RRs. Of the oonsols $904,000 are reserved to
meet prior liens. The consols, and the bonds o f 1924 are guaranteed by
Evansv. & Terre Haute, which owns entire capital stock, $2,000,000.
L a t e s t E a r n in g s .— From January 1 to M crch31 (3 months), gross,
$59,476 in 1897; $73,852 in 1806. In y ear 1896, gross, $286,529.
R e t o r t . - R eport fo r year ending June 30 ,189 6, was given in V. 63,
p. 878, show ing: gross, $307,528; net, $90,711; interest, taxes and
rentals, $175,838; balance, defloit, $85,127. In 1894-95, gross, $293,.
217; net, $92,792. (V. 63, p. 8 7 8 .)
Evansville Sc Richmond ltll.—
Owns Elnora to Westport, Ind.,
102 miles, and coal spurs 10 miles.
In July, 1896, the Evansville & Terre Haute had acquired n early all
the $l,.3i0,000 general m ortgage bonds under plan in V. 60, p. 43, and
on March 2 3 .1 8 9 7 , the property was sold in foreclosure and purchased
for the bondholders (soe V. 64, p. 610). In March, 1897, also the Ev. &
T. H. liability for principal and interest o f the bonds, under its guar­
anty, was affirmed by the Court o f Appeals; the $167,000 general
m ortgage bonds not owned are therefore entitled to im mediate p ay­
ment o f principal and interest, and the $65,000 Western division
bonds to tlietr interest as it matures and to their principal in 1928.—
V. 64, p. 663; see also editorial V. 64, p. 687.
E arnings .—F or oalendar year 1896, gross, $286,529, against $302,309 In 1895. For year ending June 30, 1896, gross, $116,323 ; net,
$20,581; other Income, $ 2 7 4 ; interest, $70,000; taxes, $15,148; bal­
ance, deficit, $64,293. In 1894-05, gross, $102,920; net, $20,704. (V.
62, p. 364. 413; V. 64, p. 423, 610, 663.)
Evansville Sc Terre Haute RR.—
The system in clu d es:
Road owned and operated. Miles. Controlled—op. separately. Miles.
Evansville to Terre H a u te.. 109 E vansville & Inaianapolisll
Branohes^o Mt. Vernon, etc.
53
E vansville to Terre Haute
E vansville Belt (stock held).
5
v ia Worthington, eto .......... 156
Leased to other eo.’ s R ock­
Total In earnings................. 167
ville extension.....................
23
E vansville & Riehm ondlt___ 112
O r g a n iz a t io n , E t c . - Formerly Evansville & Craw fords ville R R . H a s
close tralBo oontract with Chicago & Eastern Illinois for route to Chicago.

*
--------- ------- J convertible into new stock
en payment o f $20 per share (par, $50). In May, 1895, $1,284,000 of
5 per cent non-voting
was
£referred noil-cumulative Richmond bonds per plan stock 60, p. issued
i exchange for Evansv. &
in V.
43.
D iv id e n d s
) 1881. ’ 84. ’85. ’ 86. ’87-’90. ’ 91. ’ 92. ’93. none
On comm on stk. ) 4
5
3
4
5 v’rly 7
71 7 i,,* since
A A lso 5 per cent in bonds. * A lso scrip dividend; see stock above.
On p referred first dividend, declared in Sept., 1896, was 2 p. c pay­
able 1 p. c. Oct. 1 5 ,1 8 9 6 and 1 p. o. A pril 15, 1897. V. 63, p. 504. *
B o n d s . G u a r a n t ie s , E t c .— The Evansville & Terre Haute endorsed
Peoria Decatur & E. notes for $325,000. Certain E vansville & ludianiS oR 8fo?n di m ra i o S« ? U!JIia? tI?5--,Jolle re 'R
$
’ero car trust notes Dec. 31,
{? r
$15,758 mature before July 1 ,1 897
general mortgage covers 182 miles o f road owned
.JU i?3 '?,0
,0,',000
proprietary roads, having a mileage o f 277
'
Of the authorized issue $3,855,000 are held in trust to retire the
prior bonds and car trusts at maturity, tlie m ortgage providing that
the prior liens shall be paid and not extended.
*
*
G e n e r a l F in a n c e s .—An Important change In the directory took
P«l?C
*r5Jd?»r 1? 9 ^; whou P Mackey resigned as president and direoTr, i
" ’ ufi issued, to pay the floating d e b t-s e e above.
In 1893 4.000 aores o f coal lands in Sullivan Countv, Ind., were bought
E vansville & R ichm ond firsls were offered in Dee., 1894, $850 of
Evansv. A T. H. preferred 5 p. c. non-cum. non-voting stock for the face
Jan^i m ' 8 ® i„v £ S i6<i uov81cli ?tock
accrued interest per bond to
Jan. 1,1895. In A pril, 1897, holders o f $1,233,000 o f the bonds had
thus been exchanged. On June 30, 1896, there was no floating debt
inL|80-8T«98iR^\N
sGfn“ iaoT 1 t ? March 31 (3 m onths), gross, $224,815
^ l n s t '$ L 0 9 ^ 9 6 1 t o l8
895.
Ca‘6ndllr y° ar 189G’ gros8 V .0 M .6 1 5 .
A n n u a l R e t o r t .— Fiscal year ends June 30. Annual m eeting at
Evansville third Monday in Oet. R eport for 1895-90 in V. 6 3 ,p. 599.
Tear ending June 3 0 —
1896
1895.
1894.
Total m iles o p e ra te d ..............
1G7'
167
165
Gross earnings......................... $1,122 797
$1,038,273
$1,159,937
Net earnings.............................
480,354
451,086
515,416
Other incom e............................
15,104
13,170
13,158
Total net Incom e............... $195,458
$464,256
$528,574

j. & j.
$ .........
5
Various
(
(»)
5 g. Various
ose Cos .
6 g- F. A A.
6
F e b ’y 1.
M. & S.
7
6 g- J. & J.
6 g. J. A J.
o g- M. A S.
See text. See text
See text. A. A O.
2 g - J.. A J.
6 g. j & ,i.
6 g. A. & O.
5 g- A. A O.
5 g. A. A O.
6 g. M. A N.
6 g. J. A J.
6
M. A N.
6 g. M. A N.
6
M. A N.
6
F. A A.
5 g. j . & j .
5
Sept. 1.
See text.
6
5
5

J. & J.
A. A O.
Various
M. A S.

N. Y ., 21 Cortlandt St. $63,000 .Tan.
do
do
1897-1905
do
do
Yearly.
London.
1903 & 1910
N. Y ., M ercantile Tr. Co.
’ 92-3 pd. 3%; ’93-4 none.
N. Y ., Farm. L. A Tr. Co.
do
do
do
do
See text.
N. Y ., Farm. L. A T r. Co.
E vansville, Ind., office.
N. Y., Farm. I,. & T. Co.
do
do
do
do
do
do
do
do
N. Y ., Farm. L. A Tr. Co.
do
do

Feb. 1, 1933
Feb. 1, 1933
Sept. 1, 1909
July 1, 1924
Jan. 1, 1926
Sept. 1, 1928
Aug. 1. 1893
A p r.15,’ 97,1%
July 1, 1810
July 1, 1821
Apr. 1, 1923
Apr. 1, 1930
Apr. 1, 1942
May 1, 190o
Jan. 1, 1900
M ay 1, 1920
Phila., F idelity Trust. May 1, 1898
May, 1922
July 25, 1923
Jan. 1 ,1 945
Jan. 1, 1945
B oston,
do
do
do

1896.
$332,353
52,340

Office.
do
do
do

Jan.15,’97,2%
Oct. 1, 1897
Var.’9 9 tol9 0 8
Mch. 1, 1899

1895.
$327,861
57,261

1894.
$296,641
102,507

Balance, surplus......................
$110,765
$79,134
—(V. 63, p. 504, 5 9 9 ; V. 64, p. 610, 663, 6<5y.)

$129,426

Interest on d ebt........................
T axes and m iscellaneous.......

E v a n s v i l l e T e r r e H a u t e Sc C h i c a g o . —Owns from Otter Creek
Junction, Ind., to Danville, 111., 49 m iles; leases Indiana Blook Coal
R oad, 13 miles. On April 3 0 ,1 8 8 0 , leased to the Ohio. & East. 111. for
999 years; terms, $75,000 per annum and paym ent o f all rentals and
taxes. Stock, *581,370, o f which $483,630 ow ned by Ch. & East. 111.,
w hich guar. lnt. on 1st and 2d mortgages.
Fairmont ItTorgaustown Sc Pittsburg.—
fSee Map Baltimore
<t Ohio.)
Owns from U nlontown, Pa., to Fairm ont, W. V a ., 57
m iles; branch, 1 m ile. C ontrolled by R. & O., whloh ow ns a m ajority
o f the capital stock o f $3,000,000 and funded debt o f $3,000,000.
C urrent liabilities, June 3 0 ,1 8 9 6 , $412,745.
Fall Brook Railway.—Owns from C om ing, N. Y ., to Antrim,
Pa., 53 miles; branch to Ulysses, Pa., 40 miles; Fall Brook branch
7 miles; leases Syracuse Geneva & Corning R y., Corning, N. Y .’
to Geneva, N. Y ., 58 miles, and branoh, 6 miles; and Pine Creek Ry. ’
Stokesdale Junetion to N ew berry Juno., Pa., 75 miles; total, 239 miles’
H is t o r y , E tc .—Form erly Corning Cowanesque & Antrim. Name
changed July 1 ,1 8 9 2 , and stock increased to $5,000,000, o f which
$500,000 pref.—par, $50. See V. 55, p. 21. Dividends paid quarterly,
M arch 31, etc. The coal line o f Phila. & Reading and New YorkCentrai
is ov er the road o f this com pany, w hich join tly with said companies
guarantees the bonds o f the Pine Or. R R . Co.
E arnings .—F iscal year ends June 30. Statem ent fo r 1895-6 was In
V. 63, p. 355.
Y ear—
Gross.
Net.
Other inc. In t., tax., <£c. B al.fordiv.
1 8 9 o -6 .......$707,381
$180,346
$252,002
$46,372
$385,976
1894-5 ....... 653,690
214,000
182,155
31,179
364,976
From balances given above, dividends am ounting to $305,000 were
p aid in each year, being 7 p. c. on preferred and 6 p. 0. on common.
—V. 62, p. 277, 86 9; V. 63, p. 189, 3 5 5 , 7 9 4 ; Y. 64, p. 233, bio.
Farmville ,V Powhatan,—
Owns Bermuda Hundred, V a- to Farm
ville, 89 miles, and branches to Coalboro, eto., 4 miles; total 93 m
iles,
3-ft. gauge. Completed March 3 ,1 8 9 0 . Stock: Common, $460,850;
preferred, $500,000; par, $100. Loans and bills payable July 1,1896,
$61,777. In year ending June 3 0 ,1 8 9 6 , gross earnings, $72,988; net,
$21,364; other incom e, $ 1 ,1 5 3 ; charges, $26,313; balance, deficit,
$3,796. In 1894-95, net, $17,573.
’
’
Findlay Fort "Wayne Sc Western Rail way.—
Owns road In
operation from ju n ction with the “ B ig F our ” at F indlay, O., to Ft.
W ayne, In d ., 82 miles. Uses Wabash term inals in Ft. Wayne.
H is to r y .—A reorganization o f the Findlay Ft. W. & W. RR. after
foreclosure and extended to Ft. W ayne, 20 miles.
S to ck .—Capital stock is $2,000,000; par $100.
B onds .— The firs t mortgage is fo r $1,200,000 gold 5 p. 0. bonds issued
at $15,000 per mile. Tbe second m ortgage (incom e) is fo r $800,000.
M ercantile Trust Co., N. Y ., and Allen Zollars. Ft. W ayne, Ind., are
trustees o f both. Interest on firsts t o July 1 ,1 8 9 6 , was canceled.
E arnings .—F or year ending June 30, 1896. gross, $80,743; defloit
under operating expenses, $13,318; charges, $66,645.— (V. 59, p. 835;
V. 60, p. 656.)
Fltcliburg RR.—
Operates from Boston, Mass., to T roy, N. Y., 190
m iles, with branches as shown below;
L in es owned—
M iles
L in es leased.—
Mites.
M lies
L ines leased—
B oston to Fitchburg, M ass....... 50 Verm ont & Mass. RR.
Greenfield.M ass , to T roy, N.Y. 84
F itchburg to Greenfield Mass 56
Verm ont to R otterdam J e t___ 61 Other lin es................................... 8
W orcester to B ellows Falls,
Vt., e t c ....................................... 90
Total system June 30,1896.458
Various branohes.........................109 D ouble tra ck ................................162
Stock —T he State o f Massachusetts ow ns $5,000,000 o f the common
stock. The preferred stock is entitled to 4 per cent dividends, then
com m on and preferred receive dividends share and share alike. In
year 1892-93 the preferred stock was increased from $16,498,000
to $17,000,000, and in Oct., 1895, to $17,360,000 for consolidation.
Exchange o f com m on for preferred has been talked of.
D i v i d e n d s .— 1 1887 ’ 88 ’89 >90 ’ 91 ’ 92 ’93 ’ 94 ’95 ’ 96 ’97
On preferred. ) 2
2
0
2 3Li
4
4
3 4 4
Below
In 1897, January, 2 p. 0.
B o n d s , E tc .—Verm ont & Mass, guaranteed securities; see that com"
panv. The debenture bonds were described in C h r o n ic l e of J u n eli
1895. V. 60, p. 967. On June 30, 1896, there were outstanding
loans and bills payable amounting to $300,000. On Sept. 30, 1896,
bonds fo r $2,750,000 w ere authorized, to provide for 4*33 due Sept. 1,
i 1897, and 6s due Oct. 1, 1897.—V. 64, p. 234. Cheshire RR. bonds,
*250,000, w ere paid when due, Ju ly 1, 1896. A $500,000 H. T. D. & £
Co. 4U p. c. note fallin g due A p ril 5 ,1 8 9 6 , was extended to Apr. 1, '97

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INVESTORS’

«0

Subscribers will confer a great favor by sjlvln

SUPPLEMENT.

[V O L .

i X IV .

Immediate notice of any error discovered In these Tables.

Bonds—Princl
INTEREST OR DIVIDENDS.
Milos Date Size, or
pal When Due.
Am ount
Par
of
When
of
F or explanation o f column headings. A c., see notes
Outstanding Rate per Payable Where Payable, and by Slocks—Last
Road. Bonds Value.
Whom.
Cent.
Dividend.
on first page o f tables.
RAILROADS.

Fitchburg—( Concluded) - Bonds to State o f M ass..
Bonds.............................. ............................. *........eAr
B onds..............................................................- - - - ........
Bonds ($1,500,000 due 1907, Interest A. A O)----B onds........................................................................... c
Bonds, (See text.) $54,000 are 4 s......................
B onds...........................................................................
Bonds.............................................................................
Bonds, $2 .750 .000......................................................
Troy A Boston 1st inert. (V. 53, p. 40 5).................
Cheshire RR. plain bon ds....................................... o'
Brookline A Pepperell plain bonds, guar. (end)..
ft. if Fere Uur.—Ft. stk., non-eum (for$0,500,000)..
Holly Wayne & M onroe 1st mortgage, assumed.!)
Flint A Here Murq’tte mortgage Us o f 1920, gold.e
Consol. M.,(for $10,000,000) $20,000 p. m ., g.e*
Port Huron A Northwestern—1st m ortgage.......o
F. A P. M. 1st 51. P ortH . Div. ($3,500,000),gold.o*
Kqutpin’ t bonds, $40,000 due annually Nov. 1.0*
F loren ce* Crip. Creek—1 st M „ $1,000,000, gold.c*
Florence Kit.—1st m ortgage .....................................
Florida Ventral < Pen.—1st M. $5,226 p. ill, gold.e'
C
2d M. (1st on ext., 92 miles) $5,226perm ., gol(l.o'
Consol, mort., $7,800,000 ($10,000 p.m .), g old ..o’
South Bound 1st M., gold. int. rental.................. o*
Florida Southern Kit.—1st 51., $5,000,000, g u a r.c'
Fonda Johnstown it OlovertntiUe—lstM .,8.f.,notdn.o*
Cons. M. for $500,000 ($300,000 res'd for 1st M.)c
Johnstown (1. A Kingsboro 1st M „ assumed........
CuyailnttaEleo. lstM .,gu .,p .*i.,by F.J.A G .R R .,g.
Fort 'Wayne <t Jackson—Common stock......................
Pref. stock (8 p. o.), 5 L; p. o. rental Lake S h o re ...
Fort Worth if near. Oily—1st M., g., $18,000 p. m.e*

1887
1887
1890
’84-’87
1890
1893
1894
1895-6
1897
35 1874
1878
....
___
65 1871
281 1880
395 1889
216 1879
235 1889
1887
40 1894
1892
575 1888
606 1890
780 1893
136 1891
248 1895
10 1870
26 1881
4 1893
1892
98
98
455 1881

$ .........
1,000
1,000
1,000
1,000
1,000

1,000
500 &e.
100
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100 &c.
100 Ac.
1,000
100
100
1,000

E arnings .—F rom Jan. 1 to Feb. 28 (2 months), gross, $1,020,064 in
1897; $1,089,060 in 1896. F or 6 months ending Decem ber 3 1 ,1 8 9 6 ,
surplus over charges, $585,397. against $570,567 in 1895. Loans and
bills payable Dec. 31,1896, $310,000. V. 64, p. 287.
ANNUM. R eport .—Fiscal year ends June 30. The annual report for
1895-96 was in C hronicle V. 63, p. 456. In 1894-95 was included in
not earnings and dividends paid $143,249 dividends on treasury stock;
1896 figures do not Include these dividends.
Fear ending June SO.
1896.
1895.
1894.
1893.
Total miles operated.......
458
458
450
450
Total gross earnings.......$7,606,765 $7,237,724 $6,865,155 $7,707,298
Net e a rn in g s...:.......*$1,894,895*$2.035,298 $1,326,986 $1,938,826
$264,980 $264,980 $264,147
Rentals paid ...................... $259,980
Interest on d e b t.............. 1,001,310 1,014,084
985,487
953,254
Other Interest..................
878
7,391
59,223
21,639
Dividends..........................
595,096
681,867
502,000
668,133
Balance, surplus..............
— (V. 64, p. 234, 287, 707.)

$37,631

$66,976

$15,296

$31,653

Flint A Fere Marqiiette. See Map.) System in clu d es:
—f
Monroe to Ludington. M ieh___254 Palm to Grindstone, etc............ 40
Port Huron to East Saginaw.. 90 M onroe to Alexis (see b elow ).. 19
do
to Altm ont (3 ft .). 34 T otal ow n ed.................................648
do
to Sand Beach (3ft) 70
Trackage, D etroit, etc............ 25
1 4 branches to Fostoria, East
Temporary branches...............112
Saginaw, e tc............................ 141
Spurs a nd" sidings................... 177
Extension from near M onroe, Mich., to Alexis, Onio, 18*2 miles was
com pleted in October, 1896; from A lexis the Ann Aroor tracks are to
he used into Toledo, 5 miles. (V. 63, p. 652).
The com pany also owns 4 steamers valued at $413,564, running from
Ludington and Manistee to M ilwaukee, etc. B y its ferry across Lake
Michigan to Manitowoc, where connection is made with the W iscon­
sin Central (Milwaukee A Lake W innebago R R .),the Flint A Pere Mar­
quette form s part o f a short line from St. Paul to tidewater, opened in
January 1897.—See V. 62, p. 455, 636, 819.
O r g a n iz a t io n , S e c u r it ie s , E re .—A reorganization after foreclosure
August 18,1880. In 1889 absorbed Port Huron A Northwestern, etc.
Stock .—Common, $3,500,000; outstanding, $3,398,200; par, $100.
D iv i d e n d s
’86 ’87 ’88 ’89 ’ 90 ’ 91 ’ 92 ’93 none
On pref. s in ce ’85— m
5 'a 12
613 6
3 ‘3 4 ‘a
2
since.
B o n d s , E tc .—T he consolidated mortgage o f 1939 is a drst mortgage
on 123 miles o f main and branch lino tracks. Trustee Central Trust
Co. Port Huron Division m ortgage Is for $3,500,000, o f which $125,000
reserved for $104,000 P. H. A N. W. 7s. On Jan. 1,1 897 , bills payable
$324,965. Land grant 50,691 acres unsold Jan. 1, 1897.
T r a f fic .—In 1895 earned 1,528,694 tons, o f which forest products
furnished 43*46 p. c. and grain 10 p. c.
L a t e st E a r n in g s .—Jan. 1 to Jan. 31 (1 month).
1 month—
Gross.
Met.
Interest, etc.
Balance.
1897............... $202,463
$48,344
$51,527
def.$3.183

1896.............

229,133

50,174

50,924

sur. 5,250

A nnual R epo rt .—Report for 1896 was in C hronicle o f A pril 25.
Year ending Dec. 31.
1896.
1895.
1894.
1893
Total gross earnings..$2,594,621 $2,505,705 $2,392,332 $2,725 238
Net earu’gs over tax’s
$658,163 $642,200
$648,037
$653 184
Interest on debt.........
613,323
610,248
611,121
605 161
Bal. rory e a r...............
$44,840
$31,952 sur.$36,916 s ir.,$53’,023
Gross earnings Include steamship earnings o f $310,948 in 189 1
$382,291 in 1893, $305,768 in 1892.—(V. 62, f. 8 1 9 , 869; V. 63, p. 652.)
---------------------, . . — , p.
*
F l o r e n c e A: C r i p p l e C r e e k R R . —(N a r r o w G auge ).—Owi road
-O w ns
from Florence to Cripple Creek, Col., 40 m iles. Opened sent 1 , 1894.
Rtrmk ftl Orirt fW i nnr
nn B ah ,i 3 ................... ......
per
year
charges, $114,688; bal., surplus, $l(i7,108.'^Iu ’1894-95 gross. $ 2 2 5 095; net, $89,916; charges, $52,918; balance, surplus, $36,998.
’
Florence RR.—
Owns from Pee Dee, S. C., to North Carolina State
line. 24 m iles; branch Latta to Clio, S. C „ 21 m iles; total, 45 mile**
P®.
0
0 'TSS.?lAtl,e,$500,000 capital stock. Dividends
1 1 1892-93, $10,000: in 1893-94, $19,000: in 1894-95, $38 000* in
1
1895-96, $50,000. Current liabilities June 30, 1896, $11,955 ’
’

Florida Central A PcniuHiilar RR.—
From Columbia, 8. C „ via
Savannah, Ga., to Jacksonville, Fla., Tampa, Cedar Keys, etc., 940 miles*
o f which Columbia to Savannah 136 miles, is South Bound RR.
H is t o r y .— A reorganization o f the Florida Railw ay A Navigation Co
which was sold in foreclosure in 1888. V. 46, p. 280. South Bound
RR. was leased for 99 years from Oot. 1, 1893; its entire capital monk
o f $2,033,000 was subsequently purchased.
ST O C K .-C oiiim onstock Is $20,000,000, par $100; preferred, 4 per
oont oumillative [with preference as to both principal and aoeumniqfwj
dividends), $4,500,000. Preferred is exchangeable f i r a n y 4 p .T m o r t
B onds .—J une 30 ,189 5, fuudod debt was $7,795,000; car and lornm otive trusts, $161,151; do. South Bound,$51,887; notes payable, $80,-

$5,000,000 3*2 to 4 F. & A.
Boston, Oilice.
2,250,000
4i-a M. < S.
fc
do
do
500,000
5
J. & D.
do
do
2,500,000
4
Various
do
do
500,000
4
J. & IX
do
do
1,932,000
4-5 Semi~an
do
do
500,000
M. < N.
fc
4
1,859,000
4
577,000
7
do
do
J. A J.
6
550,000
J. A J. Boston, Fitchburg RR.
100,000
5
J. < D.
fc
do
do
6,342,000 See text. F. & A. East Sag., Mich., Treas.
1,000,000
8
j . & j . X. Y „ M erchants’ N.Bk.
3,999,000
6 g. A. & O. N. Y ., Mer. E x. Nat. Bk.
2,100,000
do
do
5 g. M. & N.
104,000
7
A. & 0.
do
do
3,125,000
do
do
5 g- A. «fc 0.
40,000
5
M. & N. Boston. Tutern’l Tr. Co.
1,000,000
6 g. .T & J. N. Y., M ercant Tr. Co.
.
430,000
5 g. J. & J. Balt., Safe D. < Tr. Co.
fc
3,000,000
J. N. Y., Guar. Trust Co.
5 g. J.
423,000
fc
do
do
5 g. J. < J.
4,372,000
5 g. J. A J.
do
do
2,033,000
5 g. A. & 0. Merc.Tr.tfe Dep.Co.Balt.
4,241,000 313-1 g. J. & J.
N ow Y ork City.
300,000
7
J. A J. N.Y.Jm p.&Tra.Nat.Bk.
200,000
6
do
do
A. A O.
50,000
6
J. & J.
350.000
6
A.
O.
New York.
436,132
2,291,416 5Lj p. an. M. & S. N. Y ., Farm. L. Tr. Co..
8.176.000 4 (6) g. .T. < D.
fc
New York.

Feb. 1, 1937
Sept. 1, 1897
June 1, 1900
1904-5-7
June 1, 1920
Various, 1903
May 1, 1914
1915 A 1916
1927
July 1, 1924
July 1, 1.898
Dee. 1, 1911
See text.
Jan. 1, 1901
Oct. 1, 1920
May 1, 1939
Oot. 1, 1899
Apr. 1, 1939
Nov. 1, 1897
Jan. 1, 1934
1942
July 1, 1918
Jan. 1, 1930
Jan. 1, 1943
A pr. 1, 1941
Jan. 1, 1945
July 1, 1900
Apr. 1. 1921
1913
Oct 1, 1922
M’h'i"'97,2% %
Deo. 1, 1921

000. Under the consolidated m ortgage for $7,800,000 (Trustee, New
Y ork Guaranty A Indem nity Co.) sufficient bonds were reserved to
retire the prior bonds at m aturity. A rental equal to 5 per cent per an­
num on South Bound bonds is undertaken. M ercantile Trust A Deposit
Co. of Baltimore is trustee o f South Bound mortgage.
L a t e s t E arnings .—F or calendar year 1896 gross, $2,002,885,
against $1,898,464 in 1895.
A n n u a l R f p o r t .— Fiscal year ends June 30, R ep ort fo r 1895-96 w a s
.
in V. 64, p.79, showing (gross on F lorida Central prop er (801 miles)
$L,7 64,623; net, $1 91,461; interest, taxes, e t c , $ 1 '3 ,9 7 0 ; balance,
LMinnliio 4117 AC 1 Ail
l
. <O ,10 4
?
1„
Ji
i .< .vz.
t«
— ----- , „ ____ .e n t ir e
road, $2,272,148 ; net, $ 5 81,8 30; surplus ov er charges (entire road).
$3,977. (V. 62, p. 1 3 5 ; V. 64, p. 79 .)
Florida E a s t Coast Ry.—
Owns from Jacksonville, Fla., via
St. Augustine, to Miami, 366 m iles; branches to Palatka, San Mateo
antlToeoi, 19 miles; Atlantic A Western, Blue Springs to New Smyrna,
Fla,, 28 m iles—total 413 miles. A consolidation o f several roads in
1893 into the Jacksonville St. Augustine A Indian R iver, and name
changed in 1895. R oad is ow ned by Henry M. Flagler, President, 26
Broadway, New York. Old bonds canceled. For yearend ii g June 3 *,
1896. gross earnings were $69-1,569; uet, $L7s,724, against $L44,030
iu 1894 95; charges, $581,234; deficit, $102,510. (V. 61, p. 112, 470.)
Florida Hid la ml RR.—
Kissim m ee to L ongw ood, Fla., 44 miles.
Successor in Sept., 1896, to F lorida M idland Ky„ w hich was sold in
foreclosure Mar. 4, 1896, to M. E. Bishop, o f Orland, Fla. (see V. 63, p.
357), who n ow operates the road. (V. 63, p. 357, 458.)
Florida "Southern Rlt.— See Map Savannah F lorida it Western.)
(
— Owns from Palatka, Fla., to Brooksville, Fla , 145 miles; B artow to
Punta Gorda, 75 miles; branches, 28; total, 248 miles. In January,
1896, the St. Johns A Lake Eustis Ry., 47 miles, was purchased in the
interest o f the system. The road is n ow part o f the Plant system ami
the bonds are guaranteed, principal and interest fendorsed—see guar­
anty in V. 62, p. 683), by the Savannah Florida A Western. Tile bonds
carry interest at S 'e per ce.ut until Jan. 1, 1900, and thereafter 4 per
cent; trustee, Am erican Loan A Trust Co,, Boston. President, F. Q.
Brown, Boston. (V. 62, p. 81, 683; V. 63, p. 153.)
Fort Wayne & Jackson.—
Owns from Jackson, Mich., to Fort
Wayne, Ind., 96 miles. On A ugust 24, 1882, leased perpetually to
Lake Shore A M ichigan Southern at a rental o f $126,027, equaL to 5»s
per cent on the preferred stock (see V. 56, p. 8 L2), aud after 1887 any
net earnings over 8 per cent on preferred stock to be paid as dividends
on com m on stock, bu t not exceeding 2 per cent a year. In 1895 gross
$195,521, against $179,279 in 1894.
Fort W o r t h A D e n v e r P it y B y . - Owns F ort W orth, T ex., to
Texline, 455 oi., and operates P an H aadle R y., 16 m., ow ning its stock.
STOCK, E tc . - u . P. D enver A G u lf ow ns $7,766,000 o f the $9,375,
000 com m on stock; par, $100, N ew 4 per cent preferred stock issued in readjustm ent o f 1896 is $2,550,912, bearing interest, if earned, J. A
D. See terms, V. 63, p. 1063. R eceiver discharged N ov. 1, 1896.
Bonds .—Finances readjusted in 1896 aud the 1st 6s agreed (1) to
reduce interest to 4 per cent fo r five years from Decem ber 1, 1895;
(2) to take $312 stock for five overdue coupons and the 2 p. c. deferred
interest. Coupons duo June 1 aud Dec. 1,1 896 (with interest reduced),
were paid iu Dec., 1896. Sec plan V. 63, p. 75. The “ stamped bonds”
were described in V. 63, p. 1063. A b s t r a c t o f m ortgage (Mercantile
Trust Co., Trustee) V. 45, p. 440.
L atest E arnings .—2 m os., 5 1 8 9 7 ..G ross, $158,419;
net, $39,503
Jan, 1 to Feb. 28.
( 1 8 9 6 ..G ross, 142,850;
net, 10,874
Calendar yea r—(See V. 63, p. 75.)
189
1895.
1894.
Gross earnings........................... $1,010,878
$1,066,702
$1,335,879
Net o v e r t a x e s ................................................
2 0 i,7 7 8
287,478
Other in com e...................................................
9,382
2,938
President, G. M. Dodge, N. Y . (V. 63, p. 1063; V. 64, p. 82.)
Fort Worth A Rio G r a n d e R R .—
Owns from Fort Worth, Tex.,
to Browuwood, about 146 miles; com pleted iu August, 1891. Mortgage
trustee is Central Trust Co., Yew York. Stock outstanding, $3,108,100;
par, $ 1 0 0 ; aud loans and bills payable Oct, 31, 1896, $198,602. Iuterest due Jan. 1, 1897, tvas not paid and it is hoped bondholders will
agree to a reduction o f interest and a v oid foreclosure. V. 64, p. 287.
L a t e s t E a r n in g s .— 11 1110 s . , ) 1 8 9 6 ...Gross, $297,479 ; net, $99,195
Jan, 1 to Nov. 30.
( 1 8 9 5 . ..Gross, 361,489; uet. 130,318
In year 1895 gross, $110,773; net. $151,339. For year ending June
30, 1896, gross, $ 3 87,1 27; net, $145,76*2; other income, $52,040:
charges, $177,112; balance, surplus, $20,690.
In 1891-95 gross,
$452,196 ; uet. $195,8 0 6 .- ( V . 60, p. 480; V. 64, p. 287.)
Fulton C o u n t y Narrow G a u g e Ry.— .ad from Havana, IU.,
E
to F airview ,Ili,, 31 m iles; leases (for 30 p. 0. o f gross earuiugs) Fulton
County Extension R y „ Fairview to Galesburg, III., 3 > miles ; total op­
erated. 61 miles. R oad opened I860. Capital stock of Fulton County
By., $636,794. The E xten sion Ry. has capital o f $260,900.
E a r n in g s — For year ending June 30, 18 9 6 , gross. $43,946; deficit,
$2,332. against uet o f $2,135 in 189 1-95; c h ir g e s , $37,367.

KAHHOAD

Ap r il , 1897, |

STOCKS

AJSfD BOK OS-

61

S u b v ertb ers w i l l c o n fe r a g re a t fa v o r b y g iv in g im m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e

In th e s e T a b le s .

B o n d s—P rin o i
R A IL R O A D S .
M iles D a te Size, o r
p a l,W h e n D u e
A m ount
of
Par
of
R a te
W lten W h ere P a y a b le , a n d b y S tocks—L u s t
F o r e x p la n a tio n o f co lu m n h ea d in g s, & c ,,s e e n otes
O u tsta n d in g
R o a d . B on d s V a lu e.
P e r cen t. P a y a b le
W hom .
D iv id e n d .
o n first p a g e o f ta b le s .
IN T E R E S T O R D IV ID E N D S .

Fort W orth dt V e n e e r C ity—(Co>tc'uded)—
E quipm ent b o n d s (ow n ed b y U n ion P a cific R y .)

0

Fori Worn, i R io fe e —1st >L, s o ld . $ 2 0 ,0 0 0 P- m .c ’
Fulton Co. N a rrow G auge R y .—1 st M . (#o00,OOO)..
E x te n s io n 1st m ortgage..C $1,900,000). . . . . . . . . . . . .
■GaimmilU J efferson J So.—1 st M . ($ 1 6 1 ,5 9 0 en d .).
2d m o rte a ife ($ 7 5 ,0 0 0 e n d .)........................................
W alton R a ilro a d , 1st m o rtg a g e ...................................
Galveston B a m ah. & 8. A n to n io —1st M „g ., land-.gr.e*
2d m o rtg a g e , H arrisb. a n d H ou ston t o San A nt.c*
W est. D ir. ls t M .- ,S a n A .to E lP a e o ,6 3 6 m .Abr.o*

....
15
146
n

55

10

225
671
671
50

Galceston Bentston J- B en d , o f 188 2 — 1 st M ., g u a r .. c
S ale. L a P o n e * Hoiut,—R e c e ir e r 's c e r t ., (see te x t)
G M re sto n L a P o r t e A H . m o r t ..$ 2 8 ,0 0 0 p e r in .-.
‘Startle’* C reek tt C u m berlan d £ u .—1st >1..........
G eorgia & A la ba m a —C om m ote s to c k $ 1 5 0 0 0 p. m .
P ref. s to c k , 6 p e r ce n t, n o n -cu m .. 8 i 0 ,0 0 0 p, m ..
1 st M .,p re f.,$ 6 ,5 0 0 p.ni.^g.,red.at,l 0 5 a ft. 5 yra,c* • 378
370
1st m ore., e o n s ol.. $
,
,
, g o ld (B ee tex t),a *
....
(bur tru sts....... ...................... ....................................—
G eorgia C a rolin a c& Nor.-—ls t > L . g o ld , g n a r .p .A i.c*
268
Georgia U id l’d St/.— l e t M ., g ..S l.6 3 0 .0 0 0 ,in t -g u .
98
Georgia P u eijte—S stt a o r r a i .E S R i i l w a t C o m NT.
307
Georgia Mail ro a d A B a n k in g Co.—S to c k ....................
....
B on d *, n o t m o rtg a g e ...............................................c*A r
....
do
re fu n d in g , n o t m o r tg a g e , o u r r e n o y ___ c*
___
B ond#, n o t m o r t g a g e . . . . . . . . . . . . . . . . . . . . . . . . . ,.e\ tr
....
B ends n o t m o r tg a g e ............................................. .. *sar
R ond s n o t m o r t g a g e .................................................... r
**—

100 0000
0

0

1 88 9 $ 1 ,0 0 0
1 88 9
1 .0 0 0
la s s
1881
1 883
1881 5 0 0 A c.
1 ,000
1383
1881
•71-*S0
1980
1881
1,000
1881
1,000
1883

1.000

1.000
1.000
1.000
1,000

1 879

100
100
1.000
1,000

1 895
1 89 5
. _.
1 88 9
1 89 6

l .o b o

1,000
100

1,000

1 877
1 897
1880
13.32
1 887

1 .0 0 0
1.000
1 ,0 0 0

1,000

f t H i t i e s r f i l e J r i l V r u o n Sc S o u t h e r n R B , « ( N a r r o w ( i a u j j e . )
—E c»;m1 fro m G a in es v ille to S ocial C ircle, 8 a . ( 5 2 m ile s ; B e lm o n t

to
. i ;>i\. .
f 17
par, $$0. O f the firsts, $181,500, and o f the Sds, $75,000, are em iom sd
by th e G e o r g ia Rifc.,

In tercet o n rm t&rmd b on d * a n d o n W alton

SB* bond# o paid regularly (to C o t , 188#), but nr* Interest mi uoen*
■# f i e d imml» baa been paid wince Ju ly t , 1805. Oxt Marelt t, X#97, Martin Dooly wa* ap^oiated receiver. F or year m uling Jane 30, 1896*
gro**. S l ( ) , t 4 2 ; net* $2,601; interest.$21,877: balance, deficit fo r year,
■
■
T otal d e ficit J u n e 3 0 .1 8 9 6 , $ 3 2 2 ,7 1 3 .—V'. 6 4 . p . 516 .
1**1 v c * t o n H t t r r i t b t t r s t Sc HR ft A n l o i i t a . w ^ Ifttp MapihernJ a U■ w n * H ou ston , T e.t.. to San A n to n io , T e x ., 2 1 7 rn.; Ban An
P ei/ -,—O
toaio to B io O r. B it e r , 6 3 6
btteti’ s ., 7 2 m .; lea ses 12 in.; to ta l, 9 3 7 m.
*
0 a n 4 i c i / . 4 T i o s . St o c k . B t t . — O f i e n t e d b y u rn S o u t h e r n P a c ific C o m -

■pim y*w fcieb o w n * # 2 7 ,6 0 5 ,6 0 0 o f th e $ 2 7 ,0 0 3 ,0 1 2 s to c k (p a r, $ 1 0 0 ).

Bbsm .— fftmi ntorigpire tim a atatelnj? fund o f 1 par oaaC but

it U optional wit*- hondhohter* to iiarm ider thair bond* if drawn.

In 1993 holder* o f Western Dir. 2d* agreed to eanoel claim* for a o
cmad iMRHhMt and that tafRMwt on tbate lam l* * tumid bo paid only if
? earned a » 4 fthoultl be acm-caaiala^yf?. V .S 8 , p .7 1 0 . Loans and bills
;pam bb- J a n a 30, 1603, #3,142,521. and the balance o f current UabtU*
'
i tics over current ass# t* was #4,631,503.
B-ARNtNuA.™ 2 taftat:h.S, i■r m 7. i
$725, # 3 3 ; net . $3 77,1-11%
>
Jan. 1 to Feb. 28.
900,4 3 3 ;
241,0110,
j; 1 m
lit y m r l.$i*4 sesem, f
1* c*ar 1 # 15 gr p*<t.
5
net, #1,773
(M.7S4,12.V; net, : ..V
.#7,4 13; m*stfjttt# front
M2,05 4 ;
t
■tetai net ine*>*m*. #i,=07ii,067; bargiM. to-JEtm. m
*277*4 U ; isur*
’pla.® ttom opetMlmis, #39'2*85
|V, 8 2 , 1 4
«
6 a i f e * t »>it H o » » i o n
g
i f < * n d trso it H it . 0»f 1 8 8 8 .—O 1ras
zfteis
TexiMl* to linn
Tmxm* *8> mite
- OfiafiANI/. tTlON. —This1Me K , * \ mid lute r«»y * *na
fc No
loiffUy *ioeft Deoerobvift 1805, bmve n*r*1 the n>mt, C
kw tilt pro b'iiteai■for
payment to nun-imag*' .
t $ 100.000 yeatrip h<
rnpai
to is#et Interest on ti. li
U.
M
id
i of
61
7. i L K., tS 1 and In te n t til >n«i
e
fr
*orth
■mhown i ,909 abarvAi
J, if . If. #u»ek—«
1010 . 8I«
6)
Jl.OOO.iKXu par, iumi. Ft
ending Jun
17-3* 1
109
$tm,G?tn oth«r lne*mSO 8
,
k
I|
. 9)t 13,02
m w.
te p
.U7#S;
Aat year, #57,33*4 fr
i04-1 % ■
*
C
M2. In
|189$4M, «roeo, # 10:1.2 2S;
!jrS42,—CV. j1*3* lb 2 7
C >#,lve*to» l.u p t * r (c St M 0 « ! * !« t* i t y . w ; >WfI#
i
ally
»pem*d jo Jn lr, 1%
!»»>.
i
n 11 iloiit T hem
to f
fV
vfesicm. 56 mi lea; belt
rttetou ■13 n
dfh
he w|Bv rn ten A W*Mt* .
*p«>iisd lb J u
H
*
m H, r . Jr►
nd
S e e n vEB*tm*,~.T. vr, 11
ft*'.*. 'o f ri«■*rf*ton
wtm Appointed rm vh r#p# in J awry, \mmr
► fill'hhrdf by
ad
ftf
:® *?y t 1190
K n
\m aid o f
Vim!
miff
a Feb,, 11408, Fowti
ft. Ift!l7.
•tM
islitl
m
ufigi wdebiwlmm wjm1inti1 1 0 ; i-14.§7JM)0.
a
wl
84, 1*. 01 O
fiw rg < *, » C reels A; C m m b<*rl a n d It I t . inn
96
•rith W. V|. in J.tr.t! l;i
tmohi mine►
Cun Tlaud, Md .
at
•.jojyteonlnsr, 4fd., 2S *
J n e d in n t
n. a 0
K Cl
4R., I mile:
11 t
ntm,*
* * rto
•
id t if Cm #
'00, ConS.r*:*ii«*4 h r An so-tit.n a f
1 CO. and M;
and. P rctd i nt. Jam,
. Mil:
\L Md
€!#©r g ia Cit r o 11it a St N o rth *
road tm it* Mourn>* N. f t .
*,
il 1H920 Atlanta (Inman Piirk). fia
Afrd !
im mile* j •
.turn , mHi bond# gu
teio&jfa m ,f mxixaml *
r*ted “ i„.\,>
k 1
■ «*eb bond) by
a
,ar*1 A ibMiiiok:m * tu1 ft
.
G m ton
H
t R. Ckm. Mercian cite Tnt it A ■ ij.f# JDepeefM Vi, «»f Bain t
1 mm ftoe
f mort«r#4ro; ^
a Im; rmiir v. 41),, pu 239, Sli:*c?k • nl
I
a
fitted. #1.000.t r $100). tun-sf jy n «
)*.^a*
i'00» ofitefcandinur, #53;
I i
0
lOsact and bills payabte, Jui J i. 1803, .#>107*011
For
9* E Aitmm
ioaresdiog' Jane 30,1 •
,ai»4-05
I7#7,105; n
'6.S 22 : 111 .1
rm., #048,247: defi. .t «.a tier c raWiig, #111

$ 1 6 0 ,0 0 0
2 2 5 ,0 0 0
2 ,9 2 3 ,0 0 0
1 7 1 ,0 0 0
3 1 3 .0 0 0
2 4 5 .0 0 0
7 5,0 00
4 0,0 00
4 ,7 5 6 .0 0 0
1 ,0 0 0,00 0
1 3,4 18 ,0 0 0
6 ,3 5 4,00 0
,
2 5 0 .0 0 0
S ee te x t.
5 3 6 .0 0 0
3 .6 3 0 .0 0 0
2 .6 5 0 .0 0 0
2 .2 3 0 .0 0 0
2 .3 8 2 ,0 0 0
4 0 0 ,0 0 0
5 .3 6 0 ,0 0 0
1 .6 5 0 ,0 0 0

20 0 0
0 ,0 0

5
5
5
7
7
7
7
6
«
7
5
6

5

M.
J.
J.
M.
... J.
J.
J.
J.
g. F.
J.
g. M.
J.
A.
g.

&
A
A
A
A
<fc
&
iV
A
AA
tfc
A

S. S ept., '9 6 , c o u p , w a s p d .
J.
,T, J u ly , '9 6 , co u p , la s t p d .
V.
J.
J.
S ee t e x t .
J.
See te x t.
J. G a. R E , & B a n k in g Co.
A. N .Y .,8 o.P a c.C o., A B est.
D.
do
do
N .iN .Y „S o .P a e .C o .,2 3 B ’ rd
J.
0 . N . A’ ., M ere. T ru st Co.

M ob. 1 , 1 8 9 9
J u ly 1 , 1 929
J u ly 1, 1 928
N o v . 1, 1 91 0
J u ly 1, 1 9 1 2
1 911
1 908
1 910
F eb.
, 191 0
J u n e 1, 190 5
M a y 1, 1931
J u ly 1, 1931
A p r. 1. 191 3

1

6

" 6 "'

A . '& " o . N'.Y A m . O oal C o ., X B 'y O ct. 1, 1 90 9
B a lto ., M a ry la n d T r.C o ,
do
do
5 g. A . & O. N. Y „ C o n t'l T ru st Co. O ct. 1, 1 94 5
do
do
5 g. J. A J.
O ct- 1, 1 9 4 5
N e w Y o rk .
1 89 7 t o 1 9 0 3
5 g. J . & J. N .Y .JBvow u B ro.A B alt, J u ly 1, 1 92 9
1 946
3 « . .4. & 0 . N .Y .. J . P . M o rg a n & Co.

4 ,2 0 0 ,0 0 0 See te x t.
S 6
i 1,0 0 0,00 0
>
6
1 ,0 0 0,00 0
3 0 0 ,0 0 0
0
2 0 0 ,0 0 o
5

5

Q
J.
3.
J.
J.
J.

. - J . S .Y .,A m .E x . B ’ k A A u g,
& J.
do
do
A J.
do
do
do
do
A- .!.
Jc J. N .Y ..A . E x .B k .A A u g .
A J.
do
do

11
1

A p .l5 ,'9 7 .2 % .<
J u ly 1. 1 897
J a n . l , 1 922
Jan . 1, 1 91 0
J a n . 1, 1 92 2
J an . 1, 1 92 2

T h e first- m ortg a ge co n so lid a ted 3s a re lim ite d t o $ 9 ,0 0 0 p e r m ile o f
ro a d , w ith $ 6 ,5 0 0 a d d itio n a l p e r m ile t o b e h e ld b y th e tru s te e f o r s o le
p u rp ose o f re tirin g the first m o rtg a g e p r e fe r e n c e 5s a fte r five y e a rs a t
105 and a ccr u e d in terest. In te re s t on the co n s o le d u rin g th e first fiv e
y e a rs o f th e ir life m ay b e m et b y the issu e o f 6 p e r c e n t
y e a r certiIF
elites o f in d e b te d n e ss , red e e m a b le a t th e p lea su re o f th e c o m p a n y a t
a n y s ix -m o n th s ’ in te re s t p e r io d ; c o u p o n s o f J u ly , 1 8 9 8 , a n d J a n u a r y ,
1 80 7 . w e re p a id Is ca sh .— V . 6 3 , p . 2 9 .
O k k r h a l P i ^ a s c e s .—
*Ib A p ril* 1 80 6 , th e c o m p a n y h e ld in its
tre a s u ry o n p re s e n t m ile a g e . # 2 8 3 ,0 0 0 first p r e fe r e n c e b o n d s (a d d i­
tio n a l to th e $ 1 .1 4 0 ,0 0 0 in ta b le a b o v e ) a n d $ 3 2 2 ,5 0 0 co m m o n s t o c k ;
b e sid e * a ca sh r e s e r v e f o r fu tu re im p r o v e m e n ts. A ls o o w n s e n tire
issu e o f s to c k an d b o n d s o f A b b e y v ilie Ss W a y e r o is R R , T h e C o lu m ­
b u s S o u th e rn B y . 198 m ile s) w a s c o n s o lid a t e d w ith (*. & A . J a n u a r y 1,
1907. G. A A. p r e fe r e n c e b o n d s, $ 5 7 2 ,0 0 0 fa t # 6 ,5 0 0 p e r m ile ), an d
co n s o l* , $ 7 9 2 ,0 6 0 (a t $ 9 ,0 0 0 p e r m ile ), w ere issu e d on th e p r o p e r t y ,
b u t Home o f these w e r e tu rn e d in to th e G . < A . tr e a s u r y as tr e a s u r y
fe
m m im —e e e Y . 6 4 , j»* 0 2.
E a n v ix o s ,—s m on th s, ) 1 $ 98- 7 . . . . . . . . G t o s s , # 7 1 1 ,1 2 6 ; n e t, # 2 2 8 ,7 4 6 .
J u ly l t o F eb . 2 s .
£1895-1; . . . . . . . O raes. 3 9 2 ,6 7 5 ; n e t, 113,039.
F o r y e a r e n d in g J un o 3 0 ,1 8 9 6 , gro ss, # 6 2 6 ,1 2 5 ;. n e t, # 1 6 7 ,2 4 1 , In
1 8 9 4 -9 5 g ro ss , $ 4 7 7 ,0 3 5 ; n e t. # 6 2 ,0 8 9 .
P re s id e n t, J o h n S k e lto n W illia m s, R ich m o n d , V a.— (V , 6 4 , p . 83.)

10

G e o r g i a M i d l a n d I t y , —O w n s r o a d fro m C olu m b u s to M c D o n o u g h .
O n., 9 8 m iles. S u cce s s o r A p ril i , 1 896, o f tin* G e o r g ia M id la n d $ G u l f
R H „ * o ld in fo r e c lo s u r e Feb. 1. L e a se d fro m J u ly 1 ,1 8 9 6 * f o r 9 9 y e a rs
t o th e Sdtttbcrrt 'lty. f o r f4 9 ,5 © 0 a n n u a ! re n ta l (b e in g in te re s t o n the
first m o rtg a g e b ond *} a n d re n ta l o b lig a tio n s o n G e o r g ia M id lan d T o r ­
m in a ! to the a m o u n t o f $ 2 ,5 0 0 . C a p ita l s ta c k Is $ 1 ,0 0 0 ,0 0 0 . o w n e d
b y S ou th ern B y. On. (V . 6 2, p . 1177.) C ar tru sts in 1 8 0 6 .$ 0 ,5 7 0
E aks URr s .-—I n y e a r e n d in g J u n o 3 0, 1 8 0 6 , g ro ss , $ 1 6 4 ,3 0 5 ; net,
$ 2 7 ,3 2 1 . In 1 * 9 4 -5 , gro ss' $ 1 4 8 ,7 4 1 : n e t, $ 1 7 ,0 2 6 . N. D . L a n ca ster,
S e cre ta ry , 1 0 wall S t., N ew Y o rk . ~ (V . 6 2 , p. 1 17 7 ; V . 6 3 , p .jb r .)
G e o r a f l a l l a i l r a s d , — Grnler this n a m e is o p e ra te d th e lin e leas© 1
*
from , th e G e o r g ia KR. A B a n k in g (Do.— w h ich *©<». He p o rt o f o p e ra tio n
f o r y e a r e n d in g J u n e 3 0 , 1 80 0 , w m g iv e n In V . 6 4 , p . 231 .
G e o r g ia
i t a l l r « * d . Sc B a n k i n g C’ o m p a n y . —O w n* fro m
Augusta, G i , to Atlanta, G a,, 171 miles; branches to Washington

and A thens.58 mllmz M acon A Augusta RH. (proprietary road)* Catxiak,
0 a ., to M acon, O r ., 74 miles- kmekRRO, 4 Miles; total, 307 miles.
O rganization .—O wns also one-half the stock o f the Western R a ilw a y
o f Alabama sthe Central o f G e o rg ia R ailw ay ow ning the other half),
and has a one-fifth interest In the Fort Royal A Augusta and a thirtyfive one-huiidredfli* Interest in the Atlanta < West- Point (which see),
fc
OiiRttSto^t (jointly. with Central RR. Sc B. Co. o f Georgia) the $1,543,000 first m ortgage 4 % per vents o f Western Railway o f Alabama.
In A p ril, I S # ! , the ra ilroa d (3 6 7 m ile-0 a n d its in te re st in th e o th e r
ra ilroa d e om p a n ies w ere le a se d f o r 9 9 y e a rs to W. M. W a d lo y an d
a —o o ia te s; fo r th e Central, o f G e o rg ia and th e I*GUi#villa A: N a sh v ille , a t
'$000*000 p e r ye a r. A s to r e o r g a n iz e d C en tra l o f G e o rg ia R y .’s r e la ­
*
tion * w ith th e G e o rg ia 14R. in M a rch . 1 89 7 , see V. 6 4. p. 517.
•D ’ . 3 1 ,1 0 0 2 , th e b a n k in g d e p a rtm e n t w a s tu rn e d o v e r t o th e “ G e o r ­
im
gia R a ilro a d B a n k ," a se p a ra te eorifo ra tio n , a m a jo rity [$ 1 9 8 ,2 0 0 ] o f
w h o so M ock Is held b y th e G<:«>rg1a R K . & B a n k in g
.
R g r o N i * < — 11 is proposed to refund th e $ 1 ,0 0 0 ,0 0 0 o f 8 s due J u ly
in l
im o.li t n f f,M d u e 19*22 - Y . 6 4, p. 517. *
DtviPKNtM*—
1 +8 i . rm . * 8 3 4 i* 8 7 .
*88. *89 t o A p ril, 3)7,
S in ce 4880, F. C t . ) 9 % 1 0%
y e a r ly 10%
U p . c, y e a rly .
C o m p a n y ' s R n r o a T ,—In y e a r e n d in g M arch 3 1 , 1 89 5 , ren ta l, e tc.,
was # 6 0 0 .0 0 0 ; d iv id e n d fro m ban k, e t c ., $ 1 1 ,9 4 7 ; to ta l, $ 8 1 1 ,9 4 7 ;
interest, $148,000* d iv id e n d s p a id (11 p e r c e n t), $ 4 6 2 ,0 0 0 .
£4ft*rr>’o s .—3 0 7 m iles, > 1 8 9 6 -7 ....... G ross, $ 1 ,1 6 0 ,6 9 0 ; n e t, # 4 0 2 ,0 1 3
.
O th e r in co m e , $ tods., 1 89 8 -7 , .886,201, a g a in st $ 0 1 ,8 0 8 . W arn­
ings o f ra ilro a d f o r y e a r e n d in g J u n e 3 0 , 1896, g ro ss . $ 1 ,1 7 9 ,7 9 2 ;

60

10

■

ren ta l to G a. HR, A B. C o., $ 6 0 0 ,0 0 0 . In 1 8 9 4 -9 5 gro ss, # 1 .3 0 7 ,6 3 8 ;
b p « r y ; l a Sc \ U b a m n I t y . —/# ? « I f t p . t —G p orates the shortest < net, $ 3 2 0 ,2 7 4 ; to ta l n e t, in c lu d in g o th e r in co m e , $ 4 1 3 ,0 2 8 .— (V . 5 9,
no (by 74 ratle*> from M on tg om ery , A la., to S av a n n a h . O n., e tc., viz.; p, l 1 0 $ ; V. 80, ik 1144; V. 63, p. 28; V. 04, p. 2 3 1 , 547.)

Hmd tmntd—

m>r* :

x#o«*-d

MUm

fontgoftiery to L y o n s.. , . , , . , .,2 6 5 | L y o n s to I t o lS H m ..___________ r 5 9
:oItiihJms to A lb a n y
s s ; frnfk>Hi>-—

bbevill© to F itzgerald............ 22 1 Meld rim to S avan n ah ...............

. G e o r g t n S o u t h e r n Sc I flo r ld w M y . —(See M i0 o f Southern M y0—
O w n s fro m M a co n ,G a ,, s*» Paiatka.FIa., 2 8 5 m iles,
flfsTO RT.—A re o r g a n iz a tio n o f th e G e o r g ia S. & F . R a ilr o a d , m id in

17 j foreclosure April 2. ’95. (Per plan In V. 80 ,p . 928; sec also V. 59, p. 551.

Sto
—Co m o
$1*0 0 0 ,0
r e fe r r e
e
n t,
684
Total operated Jan. 1, *97..450 , h a v inc k ,a Ben monn , th e p r o p e0 0; ; 1 st pp re fe rred , 5 5 p p r rceoeiiL $ $ 1 ,0,0 0 0
j
g
r ty 2 d
d
e
8 Li bo o . S o n th e n i R y. o w n s 12,270 shares o f s to c k a n a E d w a rd s & P a rle a sed in perpetuity (beginning April I, 1898.* from Central o f ! sons,, o f Boston., 7 ,1 0 0 shares. V. 8 3 , p, 2 9. A d iv id e n d o f 4 p . c. on
» ® fp » By., with trackage Meidrltn to Savannah. 17 miles.
1st p re fe rr e d w as p aid N o v , l , 4 89 6 .
‘H
t«>Avrz vn*>N.—In August, 1895, sucoecyled to the property o f the
B o n d s .—A b stra ct o f 1st m o r tg a g e o f 1 89 5 w a s lit V . 8 1, p . 4 2 9 . T h e
fcvannah VmericueA M ontgomery, sold In roreclosnnt H iv 17, 1S95, ! m o rtg a g e is fo r $ 4 ,0 0 0 ,0 0 0 a n d ro v e r s all o f th e p r o p e r t y an d fra n ch ise s

Total o wne d. .

*

*

. ., ,375 f

v i reorganized p er plan in V. (H , p. 4 7 0 ; »©** a lso V. 6 3. p. 502. As to an d p ro v id e s a lso th a t the $ 6 8 4 ,0 0 0 jtr s t p r e fe r r e d xfortc a u th o riz e d
m % ^ . , in A p ril, 1.896, o f C en tra l o f G e o rg ia lin e an d term in als, |sh a ll c o n stitu te a l o n u p on the sa m e s e co n d o n ly t o th e b o n d s an d
^ V. 63, p. 456 . T he A b b e v ille A W aycross was merged in Aug., 1siM. 1 co u p o n s. M o r tg a g e tru stee is M e rca n tile T ru st A D e p o s it C o, o f B alti­
S^JCfliT{r..s.---Flrv<' m ortg a ge pre.fcrt-m z 5 per ce n t 5 (b r e a r g o b ! b on d s m ore. O il J u ly 1 , 1896, $ 3 ,5 8 4 ,0 0 0 firsts w e r e o u ts ta n d in g , th e b a l­
s lo t %MK>0,000* a n d are m ti %e»«%(smtl -f6 .5 0 0 p er m fio o f ' m ain lin o a n ce b e in g re se rv e d fo r o l d cla im s f o r oa r tru sts a n d f o r im p rove*
com p leted road.. f 3 /S 7 3 ,0 0 0 a r s r s erv ed fo r n e w m ilea ge.
‘ fu co te . On J tine 3 0 , 1 8 9 6 , eq u ip m e n t n otes. $ 9 0 ,2 4 9 .

*

*
tt

<J

o
r

g
,<i

Ap r il . 1897.J

KA1LR0AD

STOCKS

AND

BONDS

63

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .
B onds—P rtn ol"
IN T E R E S T O R D IV ID E N D S .
_____________
I JHleg
D a te S ire, o r
p a l,W h e n D u e '
A m ou nt ! n , . „
of
Par
F o r e x p la n a tio n o f co lu m n h ea d in g s , A c., see n otes
of
t W hen W h ere P a y a b le , a n d b y S tocks—L a st
O u tstan d in g K Ttf.n t IP a y a b le
Ce
W hom .
D iv id e n d .
o n first p a g e o f tab les.
j R ea d . B o n d s V alu e.
___________________ R A IL R O A D S .

Oax-gxn S outhern A W o . - l s t M „ g „ $ 4 ,0 0 0 ,0 0 0 . . o ’
235
Gettysburg B a r r is b .—So. M L 1st 51. > gu ar, b y
----G e tty ah’ g & H. 1st M., o ld i s s u e . . . ;■Ph'ila St R d ............
C oe . M. $ 5 6 5 ,0 0 0 , g .......................... ) /( i f . (old c o .)
35
<5oehen A D e ck erto w n .........................................................
—
teou vern eu r A OxKcgaUhie— 1st 51.. g o ld , gu. n.A l.c
13
Brand R apid* A In d ia n a R y .- S tock, $6,QOO,OOO.o'
....
1st 51., l a i d grant, sr., s. f. (guar, b y Pa. R R . ) . . c
335
1st m o rt., e x te n d e d , g o ld , g u ar, b y P a . R R ........ c* 3 3 5
2 d m ortga ge, $ 5 ,0 0 0 ,0 0 0 , g o ld (see t e s t ) ........... c*. -----C ray's PL T e r .R u .- 1st M „ $ 5 0 0 ,0 0 0 {V.C3,P.3O)-0*
....
G t. N o r th e r n — S tock , p r e f. < o co m . s to c k iss u e d ).
n
....
C'ollat. T r. m ort., red. at 100 o n 3 m on th s, g o ld .e
----St. P a u l M inn. A M an.—S to c k (ren tal 6 p . c. In g o ld )
----8t. P. Min. A M an. 1st M l.g r ., s .f.,g .,«lr'n a t lO o .e ’
624
2 d M .il« t a ft .J u n e ,'9 7 ,s .d o e s n ot eo verla n d s).© ’
624
D a k ota E x te n s io n 1st M ., g o ld .............................c.* 1,221
C ons. M .,!.g r .l is t o n la n d * a ft. J a n e ,’ 9 7 ) g . c 'A r 2 ,5 9 4
1>0
do
2 ,5 9 4
M on ta n a E x to n . 1st 51. ($ 2 5 ,0 0 0 p. m .),goU Lo*Ar 420
P a cific E x ten s ion M. f o r £ 0 ,0 0 0 ,0 0 0 , gold . c '.t r 8 1 9
M taneap. U u.R K . 1 stM ..g .,g u .< $ «5 0 ,0 0 0 a re5 s ).«j....
East o f M inn, 1st 51. ($ 3 0 ,0 0 0 p. m .), g .,g u ..e " ,t r
72
M ontana O n . 1 st M „ g. ($ 6 ,0 0 0 ,0 0 0 are 0 s)* u .cA r 2 3 8
WHiniar & S iou x F a lls 1 st M .. g ., g u .p .i i .( e n d ) c ‘ 4 r 205
....
M in n e a p o lis W estern 1st tnort., g o ld , g u a r....... C

1895

$1,000

5 g. J. & J. B a lt.M .T .A D .C o .A N .Y .
6
A. & O. P h ila ., P. & R . office,
do
do
6
A . & O.
2 5 0 .0 0 0
5 A 6
V a rio u s
2 1 5 .0 0 0
do
do
6
i ........
2 4 6 ,5 0 0
5 g. J. A B . N. x .,G r ’ d C en t.S ta tion .
3 0 0 .0 0 0
100 I 5 ,5 0 6 ,7 0 0
7 g. J. * J .N . Y ., W in slow , L. & Co.
; 1 .3 5 9 .0 0 0
IX-w. J. * J.
do
do
1.000 > 4 .0 1 6 .0 0 0
P h ila d e lp h ia , P a .
1,000 i 3 .9 6 2 .0 0 0 2 t o 4 g. A. A O.
Q c t.’ 9 6 n on e
0 0 0 p e r an. Q .- F , N. Y. Office, 2 7 P in e Bt.
5
100 2 5 .0 0 0 .
1 5 .0 0 0 . 0 0 0
do
do
| 1.000
1 S- M . A 8.
do
do
6
100 20.000.
000p e r an. Q .-K .
J. A J. N ew Y o r k a n d L o n d o n .
' 100 A c. S ee t e x t .
I g- A . A O.
do
do
1.000
8.000,000
I «• M. A N. N ew Y o r k , 2 7 P in e St.
5 .6 7 6 .0 0 0
1,000
6 g.
do
do
1,000
6 g. [J. A J.
1 3 .3 4 4 .0 0 0
do
do
1,000 2 1 .2 4 8 .0 0 0
4 4ig. J. A J.
do
do
7 .8 0 5 .0 0 0
1,000Ac
4 g- J. A D .
J. A J. N .T . & L o n ., B a rin g B ro s
£ 1 0 0 A c £ 3 ,0 0 0 ,0 0 0
* g$ 2 ,8 0 0 ,0 0 0 5 A 6 g. 3. A J. N ew Y o rk , 2 7 P in e St.
$1,000
4 .7 0 0 .0 0 0
1,000Ac
5 g- A. A 0 . N. Y .2 7 P in e ; B o s.,L ee,H
1,000*0
8 .7 0 0 .0 0 0 5 4 6 g. J . A J N ew Y o rk , 27 P in e 8 t
do
do
1.000
J. A D
3 .6 2 5 .0 0 0
5 gdo
do
5 0 0 .0 0 0
1,000
5 g. J . A J.

1,000

$ 3 ,3 8 4 ,0 0 0

100,000

1,000
! 1 88 2
1,000
l 1891
: 1388-9
| 1 89 2 j 1,000
I 1869
1 891
: 1 896
1896
| 1892
: 1 879
1 879
! ®
1833
1 387
1 89 0
1 882
1898
; 1 387
1888

1.000

K a ju rm o s.—8 m on th s. > 1 8 9 8 -7 .........gross, $ 6 0 3 ,4 9 5 ; n e t, $ 2 1 1 ,9 9 6
J u ly 1 to Feb. 2 8 .
j 1 8 9 5 -0 .........Eros*. 6 0 1 .0 1 3 ; net, 2 4 8 ,3 9 8
In the y e a r e n d in g J u n e 3 0 ,1 8 9 6 , g ross , $ 8 6 9 ,1 1 5 ; net , * 2 5 8 ,7 8 6 ; in­
te re s t o n b o n d s , $ 1 7 9 ,2 0 0 ; b a t., s u rp lu s, $ 7 9 ,5 8 6 . In 1 894 9 5 , g r o ss .
$ 8 1 3,5 58 ; n e t, $ 2 2 8 ,5 9 5 . In 189 3 -9 4. g r o ss , $ 8 3 1 ,0 5 2 ; n et, * 1 8 0 .8 8 6 .
OFF!*: bu s . —P resid en t, S am u el S p e n ce r, N ew Y o rk ; V ice-P resid en t,
Wru. C hecktey S h a w , M a con ; S e cre ta ry and T rea su rer, B en . 0 . S m ith ,
M a c o n ; A ssista n t S e cre ta ry , R . D . L a n k fo rd , N ew Y o r k < V . 6 1 , p .
113 , 420 , 4 2 9 ,8 7 1 ; V . 0 2, p . BOS; V . 6 3 , p. 2 9 , jb r . 4 5 8 . 5 5 4 , 794 .)
G e t t y s b u r g Sc H a r r i s b u r g K l i . — R o a d fro m C a rlisle t o G e tty s ­
b u rg , P a ., 3 2 m ile s ; b ra n ch t o R o u n d T o p , P a ., 3 m iles. R o a d o p e n e d
in 1384 as O . Sc H . Ita it m utt a n d n a m e ch a n g ed to R a ilw a y la 1891.
T h e R e a d in g C o m p o n y o w n * $ 3 3 5 ,0 0 0 o f the $ 8 0 0 ,0 0 0 c a p ita l s to c k
a n d ha* d e p o site d It as p a r t s e cu rity fo r it* g e n e ra l m o rtg a g e o f 1 89 6 .
C a r trust* o u ts ta n d in g In 1 8 9 7 , $ 1 8 ,0 0 0 .
G o n v c r n c u r At O s w e g a t e l i l e . —O w n s from G o u v e m e a r t o E d ­
w a rd s, S . Y .f 13 m iles. S tock , $ 3 5 0 ,0 0 0 , all ow n e d by N , Y C entral,
—w h ich gu aran tee* th e b o n d s. See V , 5 5 , p. 8 1 0 and V. 5 6, p . 5 0 1 .
G r a n d K a p i d * A I n d i a n a I t y .—' Set M ap o f P e n r ty te a n ta H R .:
—a w n s front F o rt W ay n e, t u . l . t o M a ck in a w C ity , 3 6 7 m iles M anistee
B ra n ch , 19; o th er bra n ch es. 47 tulle*; tota l o w n e d , 4 3 3 m ile*; op era tes
th e f o llo w in g t o a d s h o t has n ot a ssu m ed th e o ld c o m p a n y 's le a s* *
th e re o f: C in cinnati R ich m on d A F o r t W ay n e R R ., 8 6 ni; T ra ren te C ity
R R , 2 6 m .; M u skegon G rand R ap id * A In d ia n a R R .,3 7 as.
HjsTwftT,—T h e G ra n d R ap id s A In d ia n a R a ilroa d , fo rm ed in 1854.
w as s o ld u n d er fo r e c lo s u r e o f s e co n d m o rtg a g e , J u n e 1 0, 189(1. t o
P e n n sy lv a n ia R R . a n d p res en t R a ilw a y C o m p a n y to o k »*> >-am ton
A u gu st 1 ,1 8 9 8 . T h e reorg a n iz a tion p l a n w a s in V. 6 3 . p . 133, 154.
STOCK.—C a p ita l s to c k Is $ 6 ,0 0 0 ,0 0 0 . Of w h ich $ 1 ,0 0 9 ,9 0 0 w a s Issued
OB a ccou n t' o f r n n l m eea jw tt* o f <>!d c o m p a n y ; $ 4 .0 0 8 ,0 0 0 fo r th e old
gen era l m o rtg a g e 5 « and $-190,800 f o r c a r tru st*, e tc .
B o n d #.—T h e first m ortga ge la n d g r a n t bond * e x te n d e d at 4*a per
cen t a re en d orsed w ith the g u a ra n ty » f th e P en n sy lv a n ia UK. C o. to
purchase th e co u p o n * a* th ey m atu re, an d the b on d its e lf at m »in rity If n o t paid b y th e G r a n d R ap id * C om p a n y . T h ey h a v e no
lien o n the la n d g ra n t. S ee gu a ra n ty V. 5 6 , p . 6 4 9 C ou p on s o f uam tciranteed n t m ly». j t from O c t., 1894, to (Jet.. 1 *9 6 , w e r e p a id b y
W in slo w , L a n ie r A C o . ST. t „ o n O c t 1 ,1 8 9 6 . V. 6 3 , p . t O l .
S e co n d m o rtg a g e o f 1896 1* f o r $ 5 ,0 0 0 ,0 0 0 , b ea rin g in te re s t fro a i
O ct 1 ,1 8 9 6 , fo r on e y e a r a t 2 p .
t w o yea r* a t 3 p. c. an d th e re a fte r
a t 4 p . e, B on d * fu r # 1 ,0 3 8 ,0 0 0 rem ain in th e tr e a s u r y
M ortg ag e
tru s te e s ; W illiam N. J a c k so n , o f I n d ia n a p o lis , an d C om m on w ea lth
T tile , In s u ra n ce A T ru st (.’«*„ o f P hilad elp h ia,
L a w * . —1 he co m p a n y ha d a land gran t and in l« 9 4 a o J d 1 2 ,5 7 4 acre*
T
o f hard w o o d an d 1 ,4 0 0 a cre * o f p in e la n d , fo r th e a g g re g a te p rice
o f $ 1 0 2 ,9 9 8 . Lauda u n sold J a n . 1 , 1895, a b ou t 2 3 5 ,4 9 4 acres.
T u i f M V - I n 1 8 9 9 c a r r ie d 1 ,6 8 1 ,4 1 9 to n s , o f w h ich 5 3 p. c , w o*
lu m b er, e t c ., a n d 8 p. e. coa l.
• E * R a is e ,* .- 2 m on th s, > 1 8 9 6 -7 .......G ro**, $ 3 3 3 ,1 8 6 ; n et. $ 8 0 ,9 1 9
Jan , 1 to Feb. 2 8,
i 1 8 9 3 -6 .. ..G ro s s, 103 ,27 6 . not.
7 9 ,6 7 8
• F o r 1890. g r o s s ,$ 2 ,1 8 9 ,8 0 7 ; net, $ 1 1 2 ,0 1 3 . in 1 89 3 , gross, 8 2 .6 8 2 ,
933; n et, $ 5 3 «J M fc
* T h e se e a rn in g s a re f o r th e w h o le s y s te m , 5 9 3 m iles.
A s s r s i . R e p o r t ,—R e p o r t fo r 1 89 5 wa* In V . 6 2 , p . 7 7 5 , s h o w in g ;
Ir a r erufg Pee. 31,
1893.
1862.
1893.
1894.
436
M ile* o p e r a te d .............
436
430
O re--, i n c o m e ..............$ 2 ,0 7 4 ,8 4 1 $1,900,401 $2,195,899 *2 ,5 l'n .6 4 0
700.548
349,859
4 0 1 ,0 8 0
N e t o v e r e x p 's A t a x c s
4 1 0 ,1 1 6
7 2 4 ,8 5 0
In ferret on bond*, etc,
533,460
5 6 4 .9 4 8
563.391
39.593
3 4 ,3 8 7
4 6 .9 9 7
Sat. on Boating d e b t..
24,190
1 0 3 ,2 0 0
Rental* and m k e e L ..
59,487
177,8(16
89,113

J u ly J ^ 1 9 4 5
1 914
O ct, 1, 1 92 6
1928-29
J u n e 1, 1 94 2
Oot. 1, 1 899
J u ly 1 , 1941
O ct. 1, 1 9 3 6

4

M av 1 /9 7 ,1 > %
S ept. 1. 1 902
F eb . 1 , 1 897
J u n e 1, 1 8 9 7
O ct. 1, 1 909
N o v . 1, 1 9 1 0
J u ly 1, 1933
J u ly 1, 1933
J u n e 1, 1 9 3 7
J u ly 1, 1940
J u ly 1, 1 922
A p r. 1, 1908
J u ly 1, 1 937
J u n e 1 , 1938
J u ly 1, 1 91 1

H istoric, Stock , L eases , E x e .- T h i s co r p o r a tio n In F e b ru a ry , 1890
leased the SL P a u l S lin n ea polia A M a n ito b a fo r 999 ye a rs, a ss u m in g its
fu n d ed debt and gu aran teein g 6 p e r c e n t p e r a n n u m in g o ld o n its $ 2 0 ,0 0 0 ,0 0 0 sto ck . T he G reat X o r th e ra 's a u th o rtx e d ca p ita l w a s $40,000,000,
o f w h ich $ 2 0 ,0 0 0 ,0 0 0 p re fe rre d 6 p e r c e n t n o n -cu m u la tiv e w a s offe re d
! t o M a n itob a s to ck h o ld e rs at 5 0 , th e re m a in in g 5 0 p e r c e n t b e in g p a id b y
a tra n s fe r to th e G r e a t N orth ern o f a ll th e s e cu ritie s o w n e d b y th e M an­
i
; itob a C o m p a n y , a m o u n tin g to o v e r $ 2 2 ,0 0 0 ,0 0 0 ; su b se q u e n tly $ 5 ,0 0 0 ,0 0 0 o f p r e fe rr e d w a s Issued. T h e se cu ritie s a cq u ire d b y t h e G re a t N o r­
th ern have been p laced m tru st t o s e cu re th e u n ity o f th e system . (Sea
V. 49, p. 4 3 5 ; V. 5 0 , p. 205 .) T h e p re fe rre d s to c k c a n b e In crea sed w ith
th e co n se n t o f th ree fo u r th s th e p r e f. ou tsta n d in g .
S t o c k —In 1 89 3 # 5 ,0 0 0 ,0 0 0 p re fe rr e d s to c k w a s s o ld t o p a y fo r
eq u ip m en t, te rm in a ls, ete. S ee V . 5 6 , p . 7 5 3 .
Lksnoe.—L and sale* in A p ril. 1 8 9 7 , b a d re tire d a ll tlio 1 st m o rt. bonds*
($ 3 5 7 ,4 0 0 , th e la st find* o u ts ta n d in g hav in g b een ca lle d , an d in te re st
c e a s in g J u n e It, a n d w h a t w ere th e n a p p lica b le to co n so l m o rt. o f 1883.
Sale* fo r y e a r en d in g J u n e 3 0 ,1 8 9 6 , w ore 6 6 ,8 7 2 a cre s fo r $ 5 1 5 ,6 7 4 and 4 8 0 to w n b its fo r # 7 ,1 * 2 T h e net a m o u n t d u e o n la n d c o n ­
tract* J u n e 3 0 .1 8 9 8 . w a s $ 1 ,2 8 9 ,5 4 8 ; lan d s u n sold , 1 ,4 5 7,16 9 a cre s , o f
w h ich 1 18 ,35 3 a cre s In d isp u te w ith S t, P. A N orthern P a cific,
MlnncaiHiUs A St. C lou d g ra n t w as 4 7 6 ,8 6 4 aerea: u n so ld J u ly 1,
1 89 6 , 4 0 9 .9 3 1 a cre s; sale* In 1 9 9 3 -0 0 w e r e 1 ,9 3 4 a cre s f o r $ 1 2 ,1 0 0 .
O m bu rn ,
>1890
1891
1 892 t o M a y, 1 8 9 7 (in clu s iv e ),
G re a t N orth, p f. i l %
4%
3 p . . y e a r ly U '< q u a r.)
B o s k s .—I n 1 892 the G re a t N orthern Issued Its co lla tera l trust b o n d s
fo r $ 1 5 ,0 0 0 ,0 0 0 , secu red b y d e p o s it w ith th e t r u s t e e d £ 3 .0 0 0 ,0 0 0 P aotflo
E x te n s io n 4* o f the St. P aul M inn. A M a n itob a R y . Co. V. 5 4, p , 5 2 5 .
T h e -I . P aul Min. A M an. con sol, m ort. o f 1 89 3 Is fo r $ 5 0 ,0 0 0 ,0 0 0 , o f
w h ich b o n d s a re reserv ed to p a y p rio r liens. T h e c o n s o l* (o n p a y m e n t
o f the firsts In J u n e . 180 7 .) b e co m e the first a n d o n ly Hen o n the c o m ­
p a n y 's la n d gran t an d on 0 7 0 m iles o f r a ilw a y In M in n e so ta a n d a
s e c o n d lien o n th e re m a in in g 1 ,8 7 3 m ile* in M in n e so ta a n d th e D a k o ­
tas, the p r io r liens on w h ich a v e ra g e o n ly $ 7 ,3 0 0 p e r tulle. V. 0 1,
p . 518 . T he m o r tg a g e o n M ontana R ete n tio n la fo r $25,00(1,000 f o r
e xte n s io n * . H S .O oO p er m ile b e in g a llo w e d f o r s e co n d tra ck ; b o n d * f o r
$ 1 1 ,5 0 2 ,0 0 0 s e cu re d b y this m o rtg a g e , a d d itio n a l t o a m o u n t In ta b le ,
are deposited a* part security for P a cific extension bonds. A ba t r u n
V . 45, p. 342.
Pacific re ten tio n m o rtg a g e f o r 2 6 ,0 0 0 .0 0 0 (tru stee o f m o r tg a g e C e n ­
tral T rust C o m p a n y o f N ew Y o r k ), p ro v id e * f o r b on d * at A 6 ,0 0 0 p e r
m ile In M o n ta n a and 1 7 ,0 0 0 p er m ile w est o f M o n ta n a ; £3,000,000
o f tills Issue, in a d d itio n to th ose gi ven In th e ta b le a b o v e , a re p le d g e d t o
se cu re th e G reat N o rth e rn ’* co lla te r a l tru s t b on d *. Bee a b s t r a c t o f
m o rtg a g e - V*. 3 2 , p.
.
E astern R a ilw a y o f S linn etota ru n* fro m H in ck le y n o rth w a rd 7 0
m iles, to a p oin t n e a r D u lu th ; th e m o rtg a g e co v e r* roa d , eq u ip m en t, te r­
m in als an d e le v a to r* . M on ta n a Central b on d * c o v e r * overa! roads
('See adv, cm tiiN . D e c . 1 2 ,1 9 9 1 .) T h e M a n ito b a g u a ra n te e s b o th th e se
Issue*, and the G r e a t N orth ern a**m nca th e g u a ra n ty .
T h e M i'ifm ar A P io u s P alls b o n d * a re e n d o rs e d w ith j o in t a n d s e v e ra l
g u a ra n ty o f the M a n itob a an d G re a t N o rth e rn c o m p a n ie s. F urth er
Issue* m ay tie m ad e a t $ 1 7 ,5 0 0 p. in. fo r a d d itio n a l ro a d . V . 5 6 , p . 2 4 7 .
M m ncufioH t W estern first m o rtg a g e is f o r $ 1 ,0 0 0 ,0 0 0 a n d c o v e r s the
p ro p e rty and e q u ip m e n t o f th a t co m p a n y . T h e b o n d s a re u n c o n d itio n ­
al!?- g u a r a n te e d b y th e 8 t. P. M . A M. a n d th e G t. N or. V . 6 0, p. 835 .
g k n k r .w , F in a n c e #,—'Th e e a rn in g s o f the c o m p a n y from J u n e 18,
1 993, In clu de the Pnelflo E x te n s io n , 8 1 9 m ile*. 8 t. P. M. A M , co n so ls
4>a* w ere liste d in M a rch , 1 89 7 , f o r $ 9 2 5 ,0 0 0 , iss u e d o n 01 m ile s o f
m ain tra ck c o m p le te d s in ce A p ril, 1894.
A s t o n e w ste a m sh ip lines to J a p a n s e e V . 6 3 , p. 1 5 3 , 189, 4 0 2 ; V ,
3 9 , p. 152 , 191.
In y e a r 1 8 0 3 -9 6 tlie G reat N o rth e rn re c e iv e d
$ 4 0 0 ,0 0 0 d icin g 8 p. c.) in d iv id e n d s o n E astern R y . o f M inn, s to c k .
T h e stren gth o f th e c o m p a n y Is la rg e ly d u e to lo w grad e# a n d th e
co n se q u e n t la rg e tra in lo a d s (In 1 8 9 5 -9 6 a v e r a g in g 2 5 6 to n s ); ra te p e r
ton m ile -9 70 o f a ce n t.
K v r s iv c s . —J ihi. to M ar. 3 1 , 3 m o n th s, g ro ss, $ 3 ,3 0 6 ,4 4 9 in 1897$ 3 ,6 4 4 ,7 8 5 in 1896.
F o r ca le n d a r y e a r 1 8 9 6 g ro ss, $ 1 9 ,6 3 2 ,0 0 3 ,
a g a in s t $ 1 8 ,1 2 6 ,3 8 6 In 1 89 8 .
a n n u a l R eport .—F isca l y e a r en d * J u n e 3 0, A n n u a l m e e tln g ts h eld
at St. P a u l on the s e co n d T h u rsd a y In S ep tem b er. T o o a n n u al r e p o r t
f o r 1895-96 was published In full In V. 6 3 , p. 4 9 8 , 5 0 5 . S e c also p. 4 8 0 .
T he fo llo w in g ta b le s sh ow i l ) e a rn in g s o f the line* le a se d fro m St.
Paul M in n eap olis A .M anitoba C o., (2) th e G t. N orth ern In com e a c c o u n t ,
(3) th e ea rn in g s o f th e w h ole s y ste m . In clu d in g M inn . W e ste rn , D u lu th
T e rm ’ !, N orth ern S. 8 . C o „ G t. N o . E x p re s s a n d S an d C o u le e C o a l Co.

0

82

B a l a n c e . .....................d f.# 2 0 S ,0 2 7 d f .$ 29 7 ,9 1 5 d f.S 3 4 2 .4 2 8 d f.*2 4 3 .1 6 5
- < 7 6 2, p. 8 4, 5 0 2 ,3 4 8 . 7 7 5 , 8 2 1 , 1 087; V. 6 3, p . 153, 2 2 9 , 6 0 1 ,7 5 4 ).
G r e a t N o r t h e r n t t y , — gee J fu p .)—O p erates a lo w grad e tru n k lin e,
e x t e n d in g fr o m S t P a u l, M in n ., a cro s s th e great w h eat b elt o f the R ed
E lver V a lle y and a cro s s the S ta te o f M on tana, ta p p in g It* s ilv e r and
c o p p e r m in in g d is trict, to th e Pantile C oa*t a t S p ok a n e, W ash., P o r t­
land. O r*., W estm in ster, B ritish C olu m b ia , e tc. P rom D u lu th , th e b ead
o f n a vig ation o n th e G rea t L a k e*, th e stea m er* o f the N orthern S tea m ­
ship Co, (whose *1,300,(Kg) stock Is owned) run east to Buffalo, N. Y.
As to Cascade Tunnel, see V. 63. p. 1115,
L in es leased a n d o p era ted —
M in n ea p olis U nion R y ,, e t c ..
5
Bt. Patti MSB:;. A Sian. R y „
E astern R y. o f M in n e so ta —
( 1 . ) O P E R A T tO N S ST. P A U L M IN N E A P O L IS A M A N IT O B A .
St. P a u l t o L o w e ll. W ash. . 1,790
72
H in ck ley to D u lu th ...............
M on ta n a C e n t r a lBranches In Minnesota, the
T ear en d . Junes 3 0.
1806,
1 895.
1894.
1 893.
D akotas and M o n t a n a ........1,930
G reat P a ll» t o B u tte, e t c . .. 2 5 7 A v . m ile* o p e r a te d ..
3 ,7 7 0
3 ,7 6 0
3 ,7 0 5
3 ,3 3 2
T ra ck a g e to S p ok an e, e t c . . . .
10 Owned, u n bon d ed —o p er. tep 'C ly—
G ro ss e a rn in g * ___ $ 1 5 ,2 0 7 ,4 5 3 $ 1 3 ,1 0 9 ,9 4 0 $ 1 1 ,3 4 5 ,3 5 7 $ 1 3 ,5 2 2 ,5 8 1
S ea ttle A M on ta n a R R .
/
Mtatnf. o f w a r . A c . ..$ 1 ,8 2 1 ,9 6 2
$ 1 ,9 0 9 ,3 1 3
$ 1 ,7 6 7 ,4 4 7 $ 2 ,1 0 7 ,1 1 3
T otal op era ted d ir e c tly . 3 .7 3 0 F p r t a v e n * S ou th ern R R . r
M alnt. o f e q u ip m ’ t .. 1 ,1 8 5 ,9 1 4
9 5 0 ,9 3 7
8 5 5 ,6 3 5
1 ,0 4 5,41 9
. rSfoek mmr-4— oper. separaL ly—
W estm in ster S ou th ern B R .)
T ra n s p o rta tio n ........ 4 ,1 2 2 ,4 7 3
3 ,5 5 0 ,0 9 9
3 ,2 1 9 ,1 7 2
3 ,4 7 3 ,2 7 7
W illi o a r A. gb.mx Palls—
S eattle t o SO. W estm in ster. 1 5 9 < G e n e r a !.....................
7 0 8 ,6 3 2
7 2 9 .5 1 3
6 4 0 .5 2 5
7 0 9 ,3 0 8
W iam ar to Y a n k to n , 8. !> . 2 0 5
T a x e s ..........................
5 2 8 ,0 5 3
4 5 9 ,2 1 6
4 1 1 ,9 4 3
3 7 5 ,5 5 4
Doirttb W a tertow n A P a c i f i o T o ta l r o a d J u ly , 1 8 9 6 ....4 .1 9 8
W atertow n to H u ro n , D a k ,
7 0 2 d a n d 3 d tr a c k a n d s id in g s . 693
T otal e x p e n se s. .$ 8 ,4 2 7 ,0 3 4 * 7 .6 0 5 ,6 7 8
$ 0 ,9 0 0 ,7 2 2 $ 7 ,7 1 0 ,9 7 1
$ 4 ,4 4 4 ,0 3 5
$ 5 ,8 1 1 ,6 1 0
E x te n sio n s c o m p l i e d D m ., 1 8 9 6 ,a r e : H a lstea d to C ro o k s to n , 3 3 Net e a rn in g s ............. $ 0 ,8 7 0 ,4 1 9 $ 5 ,5 0 4 ,2 6 2
P .c . o f e x p : A ta x e s,
5 5 ’08
58’0 t
6 0-8 2
57-0 2
IBS** ; H op e to .vneta, 2 8 m iles.

1

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Russel

Calgarry
Moone Jaw '

GREAT NORTHERN

L. Manitoba

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REGINA
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Broadview
JJtnnedosa

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WINj^lPEQl
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great

B ig Sandy
M arias

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inuid Marais

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BA RKER

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La Prairie

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Prentice’

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Challis d

B aker City

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Dillon

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G arretson
Mitchell

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Harney L.

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P ocatello
Casper

Shoshohe J c.

Summer Lake

NlobranF

■Valentine
C raw ford
W en d ov er

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peviow

W innem uct

io u x c y ;

Dubuque*

Oakdaii
C cdon Rapids

R ,Brewstei
G lu n g e r

C olum bia

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‘

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L akeside

L oga n

Tescent C ity1

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T

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INVESTORS’ SUPPLEMENT

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a
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Keokuk-

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Pleasantyvallej: Jc.

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[Vol. l x i v .

U kiak

RAILROAD

A p r il , 1867. J

STOCKS

BONDS.

£K D

63

Subscriber* will confer a great favor by giving immediate notice of any error discovered in these Tables.

R A ILED ADS.
o n flret p a g e o f tab les.
Q reen B a y <£ W estern R R .—■
Stools, »$vldenda a fte r 2 % p. e. o n C lass A , d e b .
D e b e n tu re * , C lass A , In com es, te x t, n o n cu m .
C lass B , in com es, a fte r s to c k , n on -eu iu ...........
G reen e R jt. I X . Y .) ~
P lrs t m o rtg a g e
& nsentc.AKd.& w. . - l s t M . , $
F
,<
Q uit B ea um ont <i K . C . - U x M.
B u ll < C hicago—s t o c k .,............................................. .
±
G u If it Interstate B y. o f Texas - B o n d s . ..................
G a lt * S hip I s l a n d - l e t M ., ($ 1 2 ,0 0 0 p . m .) g o lf
2 d m o rtg a g e ($ 8,0 00 p e r m ile )..............................
H a n cock <t C alum et—S t o c k ........................ ...............
S
C on sol. M ($ 4 0 0 ,0 0 0 ) ftold, red e em a b le at 105
H annibal St St. Joseph— o m m o n ..............................
C
P re fe r re d ........................................................................
C on sol, m o rtg a g e , n o w 1 st m o r t g a g e ..................
F u n d in g n o tes..............................................................

B onds—P a n e l IN T E R E S T O R D IV ID E N D S .
M iles D a te Size, o r
pal.W lien Dae.
A m ount
Of
of
R ate p e r W hen W here P a y a b le , a n d b y Slocks—L a st
Par
R oad . B on d s V alue. O u tstan din g
C ent.
P a ya b le
W hom .
Dividend
>
i

.1
1
62

1 896
1896
...
1 87 2
1 896
1 893
....

! ::::
.

1 887
1387

8

12

....

22

! 292
. „ _T
.
54
54
109
109
st m o r tg a g e ............... .....................................................
H ib ern ia M in e R K .—S to c k .............................................. j 4Ai
' 24 >a
H oosa c T u nnel <t W ilm ington.—B o n d i, $2-50,000
Housatonit—See N e w Y o r k S e w H a v e s A H a r t ! ORB.
H ot S p r in g s - S tock , $ 1 ,0 0 0 ,0 0 0 , a u th o r iz e d .-----. . .
1 st V . , $ 5 0 0 ,0 0 0 , g „ * 1 5 .0 0 0 ca n celled b y s. t o '
-..
B o a st. B ast <* West Texas- S t o c k ..............................
192
st m o rtg a g e , g o ld , u t ...................................
54
B o a s. * Tex. Cent. B y. -W a co & N o. .................
H oust. it Tex. Cent, S B .—C om m on s t o c k ............
'
l s t M . l . g r . g .red. 1 1 0 .m t.g n .. $ 0 8 3 ,0 0 0 p aid , . f . t r

1

1

22

1

75
453

1891
....
1881
1 894
1853
.
1883
1892
1893
1893
1873
1.870
1 890

$100
1,000
1,000
100
500

5 00

100

1 89 5 .
L5 0 4 ,2 6 2
1 1 3 ,9 1 7
7 3 1 ,6 3 1
2 2 8 ,6 4 0
2 1 ,9 1 2
5 3 ,6 5 5
158,081

100 0 u p t o 5
.0 0
......
200 0
.0 0
200.000
7
1,200,000 I
7 ,0 0 0 ,0 0 0

6 3 0 ,00 0
4 0 0 ,0 0 0

N. Yr., w h en e a rn e d ,
do
do
do
do
J . & D. D .L .& W .o ff.2 6 E x ch .P l.
do
do
J. & D.

I S' P. A A.
1A p.eniJ 'n e ,’ 96
y

6

.........

100
1,000
100
1,000
10,000

50
5 0 0 A c.

12

B o s to n .
P e a rl St.
R ip le y , M iss.

(|
)
<
n
D e c ., '9 6 , 3*4
D e c. 1, 1 90 2
1 936
A u g. 1, 1913
J u n e 3 0 ,1 8 9 6
3 0 yea rs.
A p r. 1, 1 927
A p r . 1, 1 927

2 4 0 ,0 0 0 '
g. J, * J.
J. & J.
1 6 0 ,0 0 0
........
N ew Y o r k C ity.
350,001*
5 e. ■I. A J. N. Y „ T h ird N at. b a n k .
3 2 5 .0 0 0
D ec. 3 1 ,1 8 9 5
9 ,1 6 9 ,7 0 0 e e te x t D ee’ ber.,
B o s to n Office.
D ec. 3 1 ,1 8 9 5
do
5 ,0 8 3 ,2 0 0 1 ee te x t. D ee'b er.i
6
,
M. A S. N. Y ., B k. o f N o. A m erica. M ch. 1, 1 931
M a r. 1, 1911
50,00*1
0
p e r an, >J. A J . P ld la ..C o m p a n y ’ s Office J a n ./9 7 ,3 ^ %
1 ,1 8 2 ,5 5 0
J u ly 1. 1913
J. A J.i
do
do
:> >
.**
p e r an. P.itA .31
2 ,7 0 3 ,6 0 0
H a rtford .
M eh. 1 /9 7 ,1 %
J u ly 1, 1903
7 0 0 .0 0 0
J. A J .!
do
S ee C e n tra l o f N. J.
O c t , 1 896
i p e r an. A. A O.
M. & S .jB o s t .O ld C o lo n y T r.C o. S e p t 1, 1 922
1 7 6 ,0 0 0 ;
5 g.

80 0 0
0 ,0 0

100
1,000
100
200,000
1,000
100
6 0 0 ,0 0 0
1,000
4 8 5 ,0 0 0 i
1 ,930,0001
1,006 3 ,0 0 0 ,0 0 0 ;
1 ,0 2 4 ,0 0 0 1
100 10,0 0 0
0 ,0 0
See t e x t j
1.000 7 ,3 8 1 .0 0 0 1

9
M o lt 2 7 ,1 8 9 5
Mch,*85(
................
5 g- iJ, A J. H er, I.. A Tr. C o., CUie. J u ly 1, 1 933
s’g
7

' I ' n . Y e w Y o r k , B la ir A Co. M ay 1 ,'1 9 3 3
*
J. & J
See te x t.
J u ly 1, 1 903

m

.... j
H o u sto n , T e x a s .
1 A n n u a lly .
k J- S. Y ., C entral T ru st C oJ J u ly 1, 1 937

6
5 g.

H a n n i b a l A S t. J o s e p h . —O w ns fro m H a n n ib a l, M o,, to S t
J osep h , M o., 2 0 6 m ile s ; b ra n ch e s —C a m e ro n to K a n sa s C ity , 5 3 m ile s ;
S t J o se p h t o A tc h iso n , K a n ., 2 0 m iles; P a lm y ra t o Q u in cy, 111., 1 3 m iles,
leases, 3 m ile s ; to ta l o p e ra te d . 2 9 5 m iles. O w n s b rid g e a t K a n sa s C ity.
St o c k , —CM e. B u rl. & Q u in cy B E . o w n s § 1 4 ,2 4 4 ,9 0 0 s to c k . P re fe rre d
stock has p rio r rig h t to a n o n -cu m u la tiv e d iv id e n d o f 7 p e r c e n t ; th en
co m m o n t o 7 ; th en b oth share. D i v i d e ?*d s .—O n p re fe rr e d s to c k in 1 8 9 0
n ea rly 2 p e r c e n t : in 1891 0*82 p e t c e n t ; in 1 8 9 2 ,7 p e r ce n t on p re ­
ferred an d 7 j*. e. o n c o m m o n ; In 1 8 9 3 , 7 p* e. p re f. an d 23,** p. e. c o m ­
m on ; in 1 8 9 4 ,7 p. c. p r e f. an d 2 * io c o m m o n , f o r 1 8 9 5 , 7 p. c. p r e f, a n d
7 p . c . co m m o n , o f w h ich 5*35 p. e , w a s e x t r a o u t o f su rp lu s.
S e# d e s c r ip tio n o f m o r tg a g e lie n in O c to b e r , 1 8 9 6 , S u j t l k m e n t , p, 2
iMCOMis i e c o m i h a ve s h o w n s u rp lu s f o r d iv id e n d s : In 1895,
$ 5 0 7 ,5 5 2 ; In 1 894, $ 5 9 2 ,5 3 8 ; in 1 89 3 , $ 6 4 6 ,8 7 1 ; in 1 89 2 , $ 4 2 2 ,0 5 2 .

( 2 ) G R E A T N O R T H E R S R A IL R O A D INCO M E ACC OU N T.

Y ea r e n d in g J u n e 30.
1 89 6 .
K et ea rn s S t F. M* & M a n ..* . $ 6 , 8 7 0 , 4 1 9
5 6 .1 9 5
In te re s t n s b e a d s ow n e d . . . . . . .
4 0 3 ,6 3 1
Dividend.* o n s to c k s o w n e d ., , ,
2 2 0 ,2 5 4
B en tab *of leased l i n e s . ... . . . . .
I n te re s t an d e x c h a n g e . . . . . . . . .
5 0 ,1 7 6
S ill* reeel v a b le .. . . . . . . . . . . . . . . . .
7 4 ,8 8 7
O th er in c o m e . . . . . . . . . . . . . . . . . .

$ 2 ,5 0 0 ,0 0 0

1 894.
4 ,4 4 4,03 4
1 3 3 ,19 7
1 ,0 8 4,60 9
2 3 6 ,1 3 4
2 4 8 ,0 9 9
1 09 ,80 7
1 7 9 ,67 1

t0

$6,812,098
$6,436,150
Total receipt#
__________ .. $7,075,562
5 ,3 8 3 ,0 1 0
5 ,3 7 2 ,5 9 0
5 ,3 1 2 ,6 5 5
P aid re n ta l S t. P. M. A M a s
(5)1,187,500
G reat N orth ern d iv id e n d s ... (511,250,000 (5>l,250,000
........
'
.....a s .
4 0 ,1 5 0
I H ie e lla a e o iis . . . . . . . . . . . . . . . .

I ,a u e a i» t e r .—Owns
H a r r is h n r g l* o r t» r » io n th n e n n t J o y
fro m D iilerriU e, P aw i o H a rrisbu rg, “ a ., 3 6 m ile s ; b ra n ch , M id d letow n ,
......
... “ '■ “ ., t
*
f
..... P "
m
uoi
P a., t o C olu m bia. Pm., 18 m ile * ; to ta l o p e ra te d , 54 m ile*. Leased- t o th e
Tot. net £$& P en n sy lv a n ia R E . Co. fo r
Y ea r en d . J u n e 3 0 /9 6 .
0r&#*>
Wet.
0 th . ine.
yea r* from J a n u a ry 1, 1 86 1 , th e ren ta l
S t P a u l M. A M. B y . .$ 1 5 ,2 9 7 ,4 5 3 $ 6 ,8 7 0 ,4 1 9 $-105,144 # 7 ,2 7 5 ,5 0 8 b e in g * .per e a s t o n th e s to c k an d in te re st o n the b o n d s, t a x e s a n d e x ­
1
1,022,200 pense# o f o r g a n iia t io a . S to ck , # 1 ,1 8 2 ,5 5 0 ; p a r $50 ,
JEastcra B y . o f M i n s ..
1 ,8 9 9 ,4 4 0
9 6 5 ,0 7 0
5 7 ,1 9 9
6 0 7 ,4 6 8
Memrana C entral B y .1 ,7 6 6 ,0 8 5
5 9 9 ,4 1 8
8 ,0 7 0
ei ■ H H t rn H y H
H a r t f o r d & C o t i n e c t l■ ■L t W e sHeB iH H H . —O w n s fro m H a rtfo rd
I
3 3 7 ,2 7 1
W ill. A m o u x P ail* B y .
6 2 6 /1 4 8
330,*575
696
MWd
,
XhtL W a t e r .A P a c . B y .
2 2 ,9 8 2 d e l- 2 2 ,4 9 4
122 d e f. 2 2 ,3 4 2 C on n ., t o K h te e lifif, N, 5'., 109 m iles. Len?^ed t ill A ugust* 1 939, to th e
P h ila d e lp h ia Bostdlsig & K e w K tsgland, th e re n ta l p a y in g eharges an d
2 p er ce n t p e r a n n u m o n th e stock . D iv id e n d s weir© p a id la st d a y s o f
Tot, By, tjr*. proper #19.612,501' $8,749,018 #471/231
Feb* and A u g ., b u t la 1 89 7 d iv . w a s p aid M ar, 1, T h e re w e re in A p ril,
Minneapolis U nion,....
291.827
240,773
272
1 8 9 7 , $S4„$$Q C aw s. W ra tera R f e 7 p e r ce n t b o n d s d u e 1 90 0 , o on v er8S., coal A e x p r 's e o s .
1,915,808
215,687
37,730
.
T o t. f o r th e »y*tern.$21,810,099 $0,205,478 $509,233 $9,714,710 imttie a s o w m o rtg a g e f o r $ 1 ,5 0 0 ,0 0 9 , o f w h ich $ 7 0 0 ,0 0 0 t o re tire first
5 # a t m a tu rity a n d b a la n c e f o r e o n s tra ctio n o f b ra n ch , 17 m iles, from
Prom this lm% result (#9,714,7101 are- payable the total Interest T a riffv tile t o W est S p rin g fie ld , M as*. O f th e s to c k # 1 ,3 9 9 ,0 0 0 is
charge of all the com panies, $5,184,584, sa d the guaranteed dividend* p le d g e d b y th e leasee u n d e r its m o r tg a g e . V , 04* p . 423 .
B a l a n c e .___ . . . . . . . . . .

. .sr.$ 1,042,547 *nr.$189,508 def.$104.155 j

( 3 ) O F X X A T fO X * O F W H O L E i f S T E M .

999

©a Sfv Paul M inneapolis « M anitoba stock, #1, 200, 000. a total e*
$ 0 ^ 8 4/18 4, leaving a balance o f $3,330,126. from which have been
paid dividend# aggregatlna* #1 *250,000 on Hi# sleek o f the Great
Northern By. Co.—(V. 03, p. 4 8 0 , 4 0 8 , SOS, 111$; V. 64* p. 518*6403

H I h e r o Ia

#11 f i e

R f

t

<

Mines* N. J „ 4ki o . Leased to

m * fron t E o c k a w a r , K. J ., t o H ib e rn ia
o u t. o f N. J. In 1 8 9 0 f o r $ 12 ,0 0 0 p e t.a n .

f l o o s s t * T u n n e l A U l l i n l t i g t o u I f R . — N a r r o w G a u o r .—
|O w n s ro a d fro m il o o a a c T u n n e l, M n m ., to W ilm in g to n , V t .2 4 % m llea.
? C a p ita l s to c k an th ortxed , $25© .0O0; p a r $ 1 0 0 . M o r tg a g e tra s ts e , Old
■C o lo n y T ru st C o., B o s to n ,
B ills p a y a b le J u n e 3 0 , 1 8 9 6 . $ 7 2 ,6 3 4 .
: B ond# In tre a su ry , $74*000, E a rn in g s f o r y e a r 1895*90, g ro ss , $ 5 6 r* 1 4 7 ; net, f l 7*770; o th e r in co m e , ;#659; c h a r g e s , $ 1 5 , 5 4 1 /'d iv id e n d s
other thai \a p , e j » $ 2 ,5 0 0 . in 189T -95 d lv ld o n d f ( I p , c.)«

G r e e n f l a y 4k W e a t e r n VCt .—Bead owned from O w n Bay, Win*#
Co Marshland, Wl*., 209 miles; branches* 13 m.: trackage to Winona, 4 tn0
,
ffM T cm r.—-A W f p B h a i l O f l J u n e 5* $ 8 91 (p e r plats In V, t
$ (per plan In V
01* p. 4 7 1 ),
o f th e Greets Bay W in on a A St. P a u l, c o l In fo ra e lo a u re M i f 12, 189t:
fixccm fT iX A -'T h e r e a re n o fix e d c h a r t i tm th e pro|>ert
taxes* n o r east sfty be placed, th ereon , o r w prop erty
W tlhotil c o n s e n t o f 7 3 p e r ce n t o f s t o c k . O p i A d eb en tu re
titled to 2 *a p e r ce n t Interrat. i f e a rn e d , then co m m o n s to c k to 2 % p.<\,
then the t w o share r a t a b ly ♦b u t a fte r 5 p e r c e n t ha# b e e n p a id o n b o th ,
cla ss B b o n d s a r c e n title d t o a il hWptm$ * ninga. SeeV. $l*p*
ding D ee, S I , 1 8 9 5 , g ra m t
E arw oioa — f o ld com pan y for year
O
$393,334; n e t , $ 0 9 ,1 8 8 . In 1894 , p o s * .
#$*$S h net, #*19,82#.
S

H o t S p r i n g s i f I f . —B e a d fro m M a lv e rn to H o t S p r in g * . A rk ., 2 2
j ir lie s, o p e n e d in 1875, 5 Io rtg a g e tru stee. M erchants* L. & T . O r ,
C h ica g o . T e a r e n d in g D ee. 31. 1 89 4 , Jtrosf, # 1 8 2 ,4 4 5 ; net, $ 8 5 ,4 9 7 ;
} In terest, $ M 3 O 0 ; d ivid end ** $ 54,00© , in 1 89 3 gt-om , $ 1 8 9 ,1 0 7 .

H e n s l o n E a s t St W e s t T e x a a B r « < * 0 i r a s trom HonatOB, Tex&K,
I to S ab in e lit r e r a t j U p a r p o r t , 1 02 m iles. O p erates th e H o u sto n A
I S h ra v e p o rt B E ,, L o g a n s p o r t t o S h re v e p o rt, 4 0 m iles. T o t a l, 2 3 2 m iles
. W» on am
R £ b fi
i D f i o x — In A ugu st* 1 89 0 , a p la n f o r reorga n issa tioa w ith
i o u t fofunlnatsra w a s s u b m itte d to th e s e cu rity h o ld e rs.' P la n , In V . 6 3
R f* p 2 6 9 , re d u e ^ i 1 st m o rtg a g e fr o m $ 3 ,8 4 0 ,0 0 0 to $ 3 ,0 0 0 ,0 0 0 b y can
3
G r e e n f l a y W t n o r i * A S t , P a n l , - : * :r. GnEf.M B a 1
>
G r e e n e B K .-O w r m road from Chenango I’oC i U
V„ ( c o lla tio n ; o f w h ich $ 3 ,0 0 0 ,0 0 0 th e re w ill b o $ 8 8 8 ,0 0 0 re s e rv e d for
§ miles. Leaded to Delaware Lftck.W. for term b f r.barter f o r 0 p e r c e n t |a d d itio n s , loM term eiits, e tc.
: p a r, # 1 0 .
o® stock and interest on botsd#. Capital stock* $2041,000
| A x s tU i* R b p ORT.—B e p o r t f o r the y e a r e n d in g J u n e 3 0 ,1 8 9 6 , w a s in
|Y . 63* p. 2 6 7 ; O row i, $ 5 1 8 ,4 8 0 ; n e t, $ 1 3 4 ,1 3 7 ; ta x e s, $ 1 5 ,1 3 9 ; b a la n c e
G reet* w o «>d A i i d e ra o r» A Western fty.~f
?d on J a n . 1 7 ,![ f o r in te re st, $ 1 1 S J 6 8 . A n n u a l In terest c h a r g e . $ 1 9 2 ,0 0 0 . in 1894-95,
1896, the Carolina Mldla
Mar, 4* 1897. Ex* f grass, $ 5 3 0 ,9 8 9 ; m d , $ 1 8 4 ,2 6 1 . h t r e e t o r t (e le cte d J a n . *97): G e o rg e
■
eonstructlos, o f which 9 j! A. B
. B.
n
Ed a
.
of N
rk ; J
mile# to Alethca, 8. C.. wa# completed in Dec su .b er, 1890. T h e b on d * { S p e rlayir, fJN ew Dennis ,a C d n ., ganrd LT. M arstimuse, J. ew Y oa k e r, o e l A .
on
W Ho
J r.,
are authorized for #1,512*00© (trustee Centra I Trust Co.) Receiver Is I Ivom r o Sam H a v e n and M. <*. H o u s e o f , o u s to n . (V .A. 3 Bp . 2 6 7 ,2 6 9C.
bardi,
A lle n
H
6 ,
.)
Channing M. Ward, Barnwell, 8. C. V . $4, p. 8 2, 2 8 7 ,
Ilo o H fo R 4 T e x a s C e n tra l
T h e W a c o &. N orthw es* •
i « C it y I
r iile , ex,, and
wwllle, T e x ., um branches* 03 miles. Capital stock $500,000; par $100. I epn d iv is io n , B rcm »n d t o R oss, T e x .. 54 mile.«* was n o t In clu d e d In tb
. f m rtg a g e I
Firstt m oo rtsa g e Is fo r $ 7 5 0 ,0 0 0 - C ar tru st n otes d u e J u n e 3 0. 1900, |re o r g a n iz a tio n o f th e II, St T* C. E y ., b u t w a s s o ld u n d e r fo re clo s u re
$16,472. I a r v i
» r ending June 3 0 , 1896, groin. #83,61.3; net, I se p a ra te ly In 1 89 5 t o Scm thern Pact fie In terests. T h e p u rch a se in one
$45,209; o th e r in
1,550*, Iwterewt, etc., $10*44$; balance, surplus, 1$ l,505,0(>0» w a s n e v e r p a id , h o w e v e r , a n d s u it has b e e n b ro u g h t
[ th e T e x a s C entral R E . to co m p e l p a y m e n t. I t has b een p ro p o se d
$8,2,10, K ew T' t k effiee, 37 Broad S tre e t V. 63, p. 880.
|c o n s o lid a te th e H . & T , 0* R a ilro a d , th e W a co h N o rth w e ste rn and
G o l f & S h i p f aland ! I f R . —K oadrana from the G u lf a ! 0 u l f F ort [ T e x a s C en tra l R E . if term * ca n he agreed, u p o n . See V. 0 4 , p , 707 ,
to H attiesburg, M is*., 71 m ile * : b ra n ch to Ifa n d s b o ro , 4 m iles;
tote'- 75 mile#; rails, 80 lb. o n 51 miles and 50 lb. on 2© miles;
H o u s t o n 4 T e x t t * C e n t r a l IlaUroad,~~~{Set M ap o f
Organtied In 1882 arid 20 miles wera built about 1888; 55 miles j PaexfUy—O w n s from H ouston* T e x a s , tn D e n is o n , T e x a s , 3 3 8 xn
w *r« b u ilt la 1 89 5 9 0. O n J u n e 3 0 , 1 8 9 5 , c a p ita l s to c k w as $ 100 .00 0 I H em p stead, T e x a s , to A u s tin ,T e x a s , l i t m ile s ; tota l o w n e d , 4 5 3 ml'
and funded d e b t $ 4 0 0 ,0 0 0 . R e ce iv e r rep orted to h a v e been d isch a rg e d ; A lso o p e ra te * F ort W orth A N ew O rleans B y ., G a rre tt to F o r t W
In Sopi,, 180$, and road to be in charge o f the Bradford Construction |4 0 m iles; C entral T e x a s A H . W „ 1 2 m .; A ttstln h N. W*, 1 0 7 ; o th e r
Co. —V . 63, p, 559- T b
and
rtgage is a second lien on the rail* i H is t o r y .—-Su c ce ss o r A p ril t l , 1 8 0 3 , t o a ra ilw a y c o m p a n y
road, b u t a first m orf-gag
the land grant o f about 150,000 acres. clo s e d S
, 1888. R e o rg
isa
p. 7 0 2
0.
;
Trustee o f m ortgage” | Manhattan Trust Co., If* Y. President, J. T. |so lld a tloept. f8T e x a s C en tra l. a na co tio n op la n eV. 4 5 ,a n d 3 . A,8 2 C. i *
.«
n
T.
M
Jones; Treasurer. W. W. B all; S e c r e t a r y , J . 7 , Fowears.—V . 0 3 , p. 3 5 7 , I p o s e d —see oH . A T . 0 . R a ilwWy a b <k N arth w . ste rn . 707*
|
a
o v e n d X 0 4, p
559 .
! B okt> ,—'T he b o n d s a re b e in g g r a d u a lly re d u ce d w ith p ro ce i
s
-*
#Latt.cNaeit A Ca In no et.»»O w n « narrow-gauge road from H ancock l land sales. T h e f ir s t m ortga ge was f o r $ 8 ,0 3 4 ,0 0 0 , o f w h ich $ 5 t >
i IS ™ jo » * Mich., 24 m iles; branches* 7 tu lles; total, 31 miles. ' reserv ed a g a in st cla im o f S ta te o f T e x a s u p on 7 5 m iles o f th e
$

D ire ctors . —8, $ Palm er, President; Mark
T rcisa rer, 4 0 W all Street, N. S '.; C. Ledya rd B la ir, f a .
W, J. Uttftt. (V. 63, p. 652,
922; V. 64. p. 1 3 4 , 1784

60

r

] slock, $350,000; par # t0 0 -# 2 5 0 ,0 0 0 owned by Mineral Range B i t
Balance Issued, but reduced to present figure by land sales.
*
1893, 5 p. e.; in 1894. 2 hip. e.; In 1895, Feb., 2% p, e,;
T h e S outhern P a cific C o m p a n y gu a ra n te e s in te re s t o n a ll th e tlouds
5 #• c.; In l§ # 0 , Feb., 5 p. c.; At*g., 5 p, c. In year ending June I and b o th p r in c ip a l and Interest o f th e deben tu res. T h e f i r s t m ortga ge
30, 1896, gross, $300,769; net, $06,002; Interest and taxes. $21,040; \b on d s a n a th e coneolidaUtd m ortg a ge b o n d s m a y b e ca lle d f o r red*"-?.no­
dividends, $17,500; halanre, *«rplus, $57,462.
tio n a t H O with p ro ce e d s o f land sales. S ee fu ll abstracts o f all thi

IN V E S T O K S ’

60

SUPPLEMENT.

[ V o u LX1V.

Kobacrlbent will confer a great favor b y giving Immediate notice of any error discovered in tliese Tables.

-Borcas-Princi
INTEREST OR DIVIDENDS.
R A IL R O A D S ._____ ______
pal,w h*nD ue.
Miles Date Size, or
Am ount
Par
of
of
For explanation o f column headings, *fcc., see notes
Outstanding Rate P er PWhen ]W here Payable, and by Stocks—Last
Cent.
ayable1
Whom.
Dividends.
Road. Bonds Value.
on first page o f tables.
H o u s to n

T exa s C e n tr a l H R —< C o n c lu d e d . ) — ‘

C on .M .,l.g ..g.,red .u t 1 10 .ln t.gu . ,$ 4 6 4 ,0 0 0 pd.o*«tr
Gen. m o rt.. gold , ln t .g u a r .,e n d .,$ 8 ,0 0 0 p a id .o '& r
D ebent., p. and I. gu. So. P a c., end. See te x t.c *&ri
D eb en t., p . and 1. gu. 8o. P a c., en d . 8 ee text.c*«fcr

Hud. Highland Bdg. tf Railway.—S to c k ...................
Huntingdon rf Broad Top—Common sto ck .............
Preferred stock, 7 per cent, non-cnm ulatlve........
1st rnort., extended in 1890 (int. only in g o ld )...
2d m ort., old 7s, extended in 1895, p «fe i.f gold), i
3d mortgage, consol., ext. iu gold In 1895........ o*l
Consol, car trusts, $080,000, $Ga,000 due Oct. 1
Hutchinson dt So.—Recelv’s ctfs. (see V. 63, p. 184) j
1st mort.. ($12,500 per mile) see V. 02, p. 8 4 — \
I llin o is C en tra l—S tock............................................
Leased line 4 per cent stock, guar, (see remarks.)
Sterling bds. old Os e x t in 1895 ]
1 mort. o f Sterl. o f ’03, £ 1 0 ,0 0 0 dr’ nyrl.c*
st
1 8 7 4 f o r Sterling bonds, due 1905..........
$15,000,000 4s o f 1880. due 1951, g old — c* |
secures all 3 ^ s o f 1886. due 1951, gold ..c* |
equally....... 3s o f 1895, due 1951, gold.o*<fcrj
Trust bonds sterl. (secured by Ch. St.L.AN.O.cons.)|
1st M., Spring. Div. (Gilman to Sp.),$2,000,000.c
1st M.t Middle Div.,Otto to Norman June. & brs.r|
Collateral trust bonds, gold, $ ...............................e*
Cairo Bridge bonds, gold (see remarks) — c\fer..
CoL trust. $25,000,000, gold, on L. N. O. T..c*&ri
Col. trust, gold, C. O. it ti. W. (red. at 100)---- o*«fer|
Western lines, 1st M., gold (see text)............. c*«fcr
St. Louis Div.(interim ctfs.), $15,000,000, g . c*£r

1890
1890
1890
1890

453
453

63
63
63
63
63
....
....

(
111
131
854
798
....
218
....

....
1854
1857
1865
1896
1889
1875
1874
1875
1886
1886
1895
1886
1877
1881
1888
1890
1892
1894
1894
1896

$1,000
1,000
1,000
1,000
100
50
50
500
500
1,000
1,000
100
100
£200
£200
£200
1,000
1,000
£2 00
£200
1,000
1,000
500 &c.
1,000
500 &c.
1,000
1,000
1.000

$3,455,000
4,297,000
705,420
411,000
84,900
1,371,750
2,000,000
416,000
367,500
1,497,000
680,000
(?)
1,025,000
52,500,000
10,000,000
2,498,000
3,400,000
1.000,000
1,500,000
2,499,000
£500,000
$5,266,000
1,600,000
968,000
15,000,000
3,000.000
24,679,000
4,806,000
3,550,000
4,484,925

6 g. A. & 0 . N. Y ., Central Trust Co. Oot. 1, 1912
4 g. A. < O.
fe
do
do
Apr. 1, 1921
do
do
6
a . a 0.
Oct. 1, 1897
do
do
4
A. A 0 .
Oct. 1, 1897
See text. Semi-an Pliil.Of.,4tUAWalnutSt. Feb. 8 ,’ u7f 1%
7 per an.;Semi-an
do
do
F eb8,’ 97,3>e%
do
do
4 g. A. & O.
Sept. 30,1920
4 g. F. A A.
do
do
Feb. 1, 1925
5 g. A. A O.
do
do
M ch .3 1 .1 9 2 5
5
|A. & O Phila. ,M erchants’Trust O c t.l,’97-1906
5
.......
See text. M. & 8.
4 per an. J. & J.
4 g. A. & O.
5 g. A. & O.
5 g. iJ. A D.
4 g. J . A J.
3 ^ g. J. & J.
3 g. |M. & 8.
3% g. jJ. A J.
6
J. & J.
5
F. & A.
4 g, Ia . a 0 .
4 g. J. & D.
4 g. M. A N.
4 R. J. A J.
4 g. F. & A.
3 g. J. A J.

New York, 214 B’dway.
New Y ork, 214 B’ dway.
London.
London,M orton,R.& Co.
do
do
New Y
rork, 214 B’dway.
do
do
LoudoD.
London, Baring Bros.
New Y ork, 214 B’dway.
T
do
do
do
do
do
do
do
do
do
do
do
do
do
do

1919
Mar. 1 /9 7 ,2 *2*
Jan., ’ 96, 2%
Apr. 1, 1951
Apr. 1, 1903
Dec. 1, 1905
Jan. 1, 1951
Jan. 1. 1951
1951
July 1, 1950
Jan. 1, 1898
Aug. 1, 1921
Apr. 1, 1952
Dec. 1, 1950
Nov. 1, 1953
Jan. 1, 1904
Aug. 1, 1951
July 1, 1951

J Bonds .—Main Line $15,000,000 m ortgage of 1874 covers property
described in V. 63, p. 76. Cairo bridge bonds are secured by deposit
o f a like am ount o f Chicago St. Louis & New Orleans 1st M. Cairo Bridge
5s. The rental for the bridge is $180,000 in gold annually, o f which
$30,000 goes to a contingent and sinking fund till 1902, then $20,000
I to regular sinking fund. Bee adv. in Ch r o n ic le , May 7,1 892 .
I The trust bonds o f 1886 are secured by deposit of $5,266,000 Chicago
St. L. & N. O. consols o f ’81, and are to be included in any new m ortg.
The collateral trust bonds o f 1952 are secured by pledge with the U. S.
rrust Co. o f New York of $16,350,000 5 per cent 1st m ortgage gold
tionds o f subsidiary railroads covering 854 miles. See list, Y. 55, p. 550.
The $25,000,000 collateral trust bonds o f 1953 w ere issued on pledge
of the Louisv. N. O. & T exas securities purchased in 1892. Trustee of
deed, U. S. Trust Company. $318,000 L. N. O. & T. 1st m ortgage and
$96,000 land grant incom e bonds were unexchanged June 30 ,189 6.
See adv. Ch r o n ic le , June 11,1892, and V. 54, p. 9 6 4 ; V. 61, p. 112.
The collateral ttmst bonds o f 1004, (United States Trust Co., Trustee,)
and their collateral were described in Y. 62, p. 988.
For the Chicago St. L ouis & New Orleans the lessee guarantees the
principal and interest o f all the outstanding bonds prior to the 5 per
oent bonds, and b y an endorsem ent on tbe latter bonds guarantees the
payment o f the interest on the same until the principal is paid. Of
these consol. 5s $5,266,000 additional to the am ount outstanding above
are pleged as security for tbe Illinois Central trust bonds o f 1886.
H u n t i n g d o n Sc B r o a d T o p M t . K I t . Sc G o a l C o .—Owns from
The Western L ines loan o f 1894 is for $10,000,000, bu t only $5,425,Huntingdon, Pa., to .vlount Dallas, Pa., 45 m iles; branches, 18 miles. 000 can n ow b e issued upon the road from D ubuque to Iow a Falls, 142
D iv id e n d s — )
m iles, and Cedar Falls to Minn. State line, 76 m iles. The bonds are
SINCE ’ 87. s ’88. ’89. '90. ’ 91. ’92. ’93. ’94. ’95. ’96.
’97.
direct obligations o f the Illinois Central, but are secured by a first
On com m on—
0 0 0
2 4
5
5 4*2
4 Feb., 1 p. c.
m ortgage given by the D ubuque & Sioux City on the portion o f its road
On preferred ... 5
5 5 l3 ’ 91 to Feb. ’97, 7 p. ct. yearly.
above named. The rem aining bonds can be sold only as follow s:
On common Jan. 30 ,189 6, 2 per c e n t; Aug. 10, 2 p. c.
$4,575,000 only when the road from Iow a Falls to Sioux City, 184 miles,
n ow subject to $2,800,000 o f Iow a Falls & S ioux City bonds dueiu 1917,
S e c u r it ie s .— The consolidated car trusts o f 1896 for $680,000 re­
placed all 01 her car trusts and reduced fixed charges, it is said, by shall be transferred to tbe trustee w ithout any encum brance. Trustee,
$40,000. They cover 2,405 cars; $68,000 trusts mature yearly on Oct. United States Trust Co. Sinking fund, $46,733 yearly, but bonds cannot
1 in the order o f their numbers, beginning with lowest. In January, be called. V. 59, p. 919.
The St. L ouis D ivision bonds are secured by deposit with the United
1897, the la9t o f the old car trusts were paid.
States Trust Co., trustee, o f $3, 72,700 capital stock o f the St. Louis
A n n u a l R epo rt .—Report for 1896 was given in V. 64, p. 326.
A lton & Terre Haute and $1,269,000 stock o f B elleville & Southern
Gross.
Net.
Oth. income. Interest. Dividends. Balance.
$106,190 $181,151 sur $11,871 Illinois, representing a controlling interest in the St. Louis Division,
1 8 9 6 ..
.$583,362 $299,212 $ ...
1 8 9 5 ..
. 648,004 352,021
110,650 200,872 sur.40,499 and b y pledge o f the lease of said division, also o f all other property,
1894 . 580,718 312,779
1,032
117,635 207,678 def.11,502 securities, etc., acquired with proceeds o f the bonds. The total auth­
orized loan is $15,000,000, at not exceedin g 4 per cent in terest: of
- (V. 62, p. 232 277, 3 1 6 ; V. 63, p. 402; Y. 64, p. 3 ‘2 e.)
which to acquire control o f stocks per offer in V. 62, p. 684, etc.,
l l i i t c l i i i i N o n S S o u t h e r n B y . —From Hutchinson, Kan., to $5,000,000 o f 3 per c e n ts ; to redeem , if at any time deemed best, the
c.
Medford, O. T., 102 miles, o f which 22 miles com pleted in Dec., 1896. seven first m ortgage loans m ark -d $ under St. Louis A lton & Terre
R eceiver was appointed Aug. 9, 1893, and now is L. E. Walker, Haute, $6,500,000; to acquire any other interests in the securities,
Be trice, Neb. R eceiver's certificates have been issued to build ex­ etc., of the St. Louis D ivision, and fo r extensions, im provements, etc.,
tensions. See V. 63, p. 154. Stock $6,434,900 (par, $100) authorized thereon, etc., $3,500,000. To the stockholders assenting to offer in V.
•urt $1,025,000 outstanding. M ortgage trustee is M etropolitan Trust 62, p. 684, certificates are issued entitling the holder to his share of the
Go.. New York. Year ending June oO, 1896, gross earnings were proceeds o f sale o f the bonds issued in m aking the exchange, which
$57,660. Current, liabilities June 30, 1896, $802,443. (V. 61, p. 184.) bonds under an agreement w ith a banking house are to b e liela b y the
trustee until Jan. 1 , 1898, subject to their option to purchase at 90
Illinois Central.—
(See Map.)—R o ad .—Operates from Chicago, and interest.—See Y. 62, p. 684.
111.. southerly to New Orleans, La., 912 miles, and westerly to Sioux
G en eral F inances .—Bills payable July, 1896, including obligations
City, la., 509 miles, with nutnorous branches. Its road, clearly shown
incurred fo r purchase o f $. O. A S. W. securities, w ere $6,142,619 The
•n ^he accom panj ing map, is made up as fo llo w s: dlwhich see.)
$7,000,000 notes bearing 3%. per cent issued fo r C. O. & S. W. securities
Road owned in fee.
Mile8j
Entire slock owned.
Miles.
Chicago to Cairo, 111..
Branches................................... g ig were retired in 1896, but $5,000,000 notes payable w ere issued.
M a in
Capital stock fo r $2,500,000 (of the $10,000,000 authorized in Decem­
Ccntralia, 111., to East stem. ? 365
Dubuque, l a ..........
341
Total owned June 30, ’95-.3,095 ber, 1895), was sold at par early in 1896.
In July, 1896, W estern L ine bonds for $1,875,000 were issuable on
Entire stock owned.
Leased.— Control owned.
Chicago St. L. & N. O. RR.
Dubuque & Sioux City IT
....... 600 Cedar Falls & Minn, (see Dubuque & Sioux City), making total
$5,425,000.—V. 63, p. 29. In July, 1896, were listed on the New
Cain). 111., to New Orleans. 547
Leased in A pril, 1896.
Morn., Ten., to Grenada.Miss. 100 St. Louis Alton A Torre H.H. 239 Y ork Stock E xchange £500,000 three per cents o f lv»51, dated Aug.
Yazoo & Mississippi Val. RR.
Ches.Ohio & S .W .& brs.
456 3 1 ,1895, and issued under $15,000,000 m ain line m ortgage o f 1874 in
substitution for “ redem ption bonds” paid A p ril 1, 1890.—V. 63, p. 76.
.Memphis t •N. O. and brs.. 923
Control o f the Chesapeake Ohio & Southwestern (which see) was
Trackage . St. L.—see V. 63,p. 189.
„
- to .
„
----Total oper. Oct., 1896.........4,390
>(>TK—On June 30, 1890. ihe com pany reported 3,127 miles in­ acquired in Decem ber, 1893. The road, the securities o f which are now
cluded in earn ngs, lmt, this did not include 807 miles o f Y azoo & Miss. m ostly ow ned b y tbe Illinois Central, was sold in foreclosure «Ddy 25,
1896, and is now operated by 111. Cent., but as an independent property.
Val. (In 923 miles above) earns, on whioh are reported separately below
In A pril, 1896, a lease fo r 99 years o f the St. Louis Alton & Terre
nt>r the 4o6 miles o f C. O. A S. W. road controlled since July, 1896!
Haute system was consumm ated, 2*4 per cent being guaranteed on the
The Owensboro Falls o f Rough A Greon River, 42 miles, was pur­
stock and an ott’er made to give new Illinois Central, St. Louis Division,
chased (for $130,000) m A pril, 1897. V. 64, p. 755.
p
Histo ry , L easeh, A c.—Chartered in Deoemher, 1850. The com pany 3 per cents in exchange fo r the sharrs on certain terms. This acquisi­
pays to the State o f Illinois 7 per cent o f grown earnings o f the 706 I tion gives the long-needed line to St. Louis.
E arnings —8 months, 5 1 8 9 6 -7 ....G r o s s ,$15,131,037; net, $4,715,126
miles owned in fee yearly in lieu o f taxes. The Chicago 8t. Louis A New
July 1 to Feb. 28. 1 1895-6 . . . Gross, 15,304,702: net. 5,355.073
Orlea'U’ Is leased for 400 years from July 1,1882, at 4 per cent per an uum
St. Louis A lton & Terre H aute not included in 1895 fo r the three
B" its #10,000,000 stock deposited to secure the leased line slock.
months from July 1 to October 1.
1n 1892 practically all the stock and bonds o f the Louisv. New Orleans
A Texas (807 miles), were acquired, and the com pany merged
A nnual R epo rt .—Fiscal year ends June 30. A nnual m eeting is held
in the ta z o o A Mississippi Valley, making 923 miles, as above. In at Chicago the second W ednesday in October. R eport for 1895-96 was
*
'i'” 1 n>,,
the C. O. & S. IV. was acquired. See V. 62, published at length in V. 63, p. 696, 703. See also editorial, p. 678.
& ississippi V alley—which see
? ’ ’j n
St. Louis Alton A Terre Haute system
L April, 1896. gf General Finances” below and V. 62, p.was taken The follow in g does not include YazooltonM& T. H. since Oct. 1,1895:
See
636, 684. below , but does include the St. L. A
Year8 ending June 30—
1896.
1895.
1894.
M
8TOCk .—T he leased line stock is secured by deposit of
3,127
2,888
2,£?8
H 'n '1
*0 St. Louis A New Orleans stock, arid iu case of Miles opera ted .............................
$3,908,348
$6,116,603
oefault for sixty days in the payment o f any semi-annual dividend o f 2 Passenger earnings.................... $4,394,771
12,821,211 12,253,612
per cent, the stockholder Is entitled to his share o f the stock pledged
1Freight earnings......................... 15,028.104
2,579,967
2,327,435
2,287,249
_ Dividends , > 1885. ’86. ’ 87. >88. ’ 89. ’90. >91 to Mar. ’ 97, inol. Mail, express & m iscellaneous.
Common stuck. < 8 p.c. 7>2
’i
7
7 obj
6
5 p, o. yearly.
Total earnings
$22,002,842 $19,056,994 $20,657,464

mortgages in V. 52, n. 242. Of the $5,008,000consolidated 6s authorized
$1,149,000 (not included in the amouut outstanding above) are held as
part security for the general 4s. Trustee o f general mortgage isM etropolitan Trust Co. o f N. Y. The debentures have interest but not prin­
cipal payable in gold.
Dec. 31, 1895, current liabilities were $1,128,374; current assets,
$905,243, including cash, $103,068; due from Southern P acific,
$432,012. The State o f Texas claims $411,935 due Texas school fund.
L a n d s .—The lands Jan. 1, 1896, consisted fo r first m ortgage o f
2,292,925 acres; consol, m ortgage, 1,329,554 acres; general m ort­
gage, 15,017 acres. Deferred payments w ere: For 1st mort., $249,663 ;
oousol. mortgage, $143,945; general m ort., $2,028 ; total, $395,636.
L a t e st E a r n in g s —11 mos., $1896..Gross, $2,946,320; net, $849,522
Jan. 1 to Nov. 30.
<1895..Gross, 3,174,036; net, 1,113,924
A n n u a l R e p o r t .—R eport for 1895 in V. 63, p. 114, sh o w e d : Gross,
$3,388,715; net, $1,312,011; other incom e, $9,2 i 1; interest, taxes, etc.,
$910,589; balance, surplus, $403,634.—(V. 63, p. 1 1 4 ; V. 64, p. 707,)
H u dson
H ig h la n d B r id g e
S R a i l w a y .- S u c c e s s o r in
c.
March, 1896, to the Hudson Suspension Bridge & New England Ry.,
which was chartered in 1868 to construct a suspension bridge over tbe
Hudson River near Peekskill, N. Y. Capital stock, $84,900, with right
v> increase. No bonds issued to October, 1896. Y. 62, p. 457.

,

BAILROAD

APRIL, 1897. J

STOCKS

AND

67

BONDS.

Sab»erlher» will eoaftr a great favor by giving Immediate notice of any error discovered In these Tables.

Bonds—PrtadrINTEREST OR DIVIDENDS.
Miles Date Size, or
A m ount
!| Of
of
Par
R ate per When Where Payable, and by
Road. Bonds Value, Outstanding Cent. Payable
Whom.
Dividend.

R A IL R O A D S .

on Urst page o f tables.
llU ncni C entral— ( C on clu d ed )—

507
56.
1 567
567
100

2d m ortgage...
Consol, w ort. ($
St. Louis Alton ft Terre Haute—
Common stock, $3,470,800, rental 2% p.e
Dividend bonds...............................................
•1st M. A term’ ! ($2,500.000). g ., red. at 10;
Lines leased to St. Louis A lton A Terre H aute.
B elleville A So. Hi. pref. stock, $ 1 ,275,000, t
4-8 p. c. yearly. 9 0 y ears...........................
IB ellev. & C a ron d elet, 1st M ., B elle.to £ .C a r o 'n r '

|Belle rule A El Dorado—1st c l a m <rnat*nt«ed)c*
:2d m ortgage, Dn Quoin to E ldorado..............e"
;9t, Louis Southern—1st m ort., gold, lnt. gnar.c*
2d M „ toe., non-eum.. Pinckney v. to CarbowLc*
lOarboodale A Shaw neefn 1st M., g..tat. gu..e*
St. L. So. consol, m ort., gold ($1,325,000)— o*
tOhlc. St.L.A Paducah 1st M.. g . red at 105 gu.ts*
2d M „ g., me. (non-cam.) Marion to Pad. A br.o*
Indiana 1*. alur <t Weal.— 1st 5L, g „ red. at 110 c"
Indiana Illinoisaltnra— 1st M L,gold,rod.a! p a r ..e
1st and 2d inc.Ms. 1*250,000 each) 4 p.o.non euiu
1st Ext. M. ($500,000) gold. red. at 105............ c
Indiana et lU in oii Southern—Bee ST. L o o ts I ndian
hut. Decatur <t Spring/.— 1st W. 7*. reorg c e r t s ..
Inti. <t L.Mich,—1st M., $12,000 p. m., gold, guar.t
IndkmapoUe f /« .—lstm .g ., «. f. not su bj.tocall.c*
IndtanapoHed Vineennet— ltX M .,guar.p.Ai. (end.)'
2d M., gu aran teed p. ft i. P enn. R R . C o. le n d .)___ e

1877
1877
1877
1881
18S9

$1,000
1,000

l-l

.
1381
1894

100
1,000
1,000

Net receipt* from Interest, Ac
MlsceUaneous

1,832,678
85,786

$3,959,030
Total r e c e ip t * ..............
Interest on 01. C entral bond# . , *2,983.806
tut, o n C h ic.S i. L. A N. 0. b on d *.
1,218,040
950.463
R en tal D u b. A S iou x C ity R R ..
800,811
Net rental S t L. A. A T. H — .
D ividen d# o n I I I C en tra l atm k
2,562,500
400,0181
D ivid en d* o n Leaded L in e s to c k
81.181
ftHacell&neoua. . . . . . . . . . . . . .

1,000
1,000

7

2,522,400 2 l i p , an. J. & J. 1st div. July,’96,1. C. Of.
79,000
6
June 1
2,275,000
5 6- J. & D. N. V., State Trust Co, |

100
1866
1,000
1,000
1883
1880
1,000
1880
1,000
1886
1,000
1886
1,000
1887
1,000
1394
1,000
1,000
1887
1887
1,000
1893
1,000
1,000
1889
1889
500
1893
1.000
uou
APOL! 8 It E a STEEN.
1,000
40 1889
1,000
03 1886
1,<X>0
1,000
133 1867
133
1.000

,2*4%

1,269,000 4 -8 p .a n , J, & J,
998,000
4>ag.:A. A 0.
435,000
J. A I),
6
220,000
7
J, A J,
6
F. A A.
330,000
550,000
4 «. M. A 8.
179,000
5
March.
250,000
4 S- M. A S,
346,000
5 g. M. A 8.
1,000,000
5 c. M. A 8.
1,000,000
5 g. M. A 8.
1,824,000
5 g. J, A J.
800,000
4 g. J. A D.
457,500
4 ~ A. A O.
500,000
5 g. >1. A 8,

ls td iv ,J u ly ,’96 ,l. C. Of.
N. 5’ ., State Trust Co.
do
do
do
do
Pd.tn’9 1 ,cou p, Feb.,’ 80
N. V., Merean, Tr. Co.
do
do
do
do
do
do
do
do
Paid l% p .c , N ov.,1893.
N. 5'., Central Trust Co.
N. Y ., Metropol, Tr. Co.
do
do
do
do

1,800,000
480.000
955,000
1,700,000
1.400.000

57
17
51
51
30
30
17
30
53
53
152
118
118
35

Tear e n d in g J u n e 30—
1890.
1805.
Operating expenses...................$14,002,276 $13,288,531
P. e*. op, expen. to gross earns, $$ -00
69*83

M. & N, N. T „ 214 Broadway. | N ov. 1, 1897
M. A N.
do
do
; not. i, 1897
7
J. fa D.
6
do
do
do
do
5 g- jis & D is
do
do
Dec. 1, 1951
4 1. J. & D.

$539,000
82S,O0O
80,010
11,289,000
3,500,000

N. Y ., Central Trust Co.
Mar., '96, coup, last pd.
Phila., Fidelity Trust.
N. Y .. Farm. L. A Tr. Co.
do _______________ M ay 1, 1906
do

2

5 p.
4W
7
6

J.
M,
M.
F.
M.

A
,fc
A
A
A

J.
8.
N.
A.
N.

Oct, 1, 1 897

June 1 , 1923
July 1, 1910
Aug. 1, 1920
1, 1931

Sept,
Sept.
Mcli,
Sept.
Sept,
Sept.
Jan.
Bee.
Dee.
Mar.

1,
1,
1,
1,
1,
1,
1,
X,
1,

1931

1932
1939
1917
1917
1935
1939

1939
1 943

189L
t a W estern , fo r e c lo s e d .—'V. 6 1 , p . 1 06 4 . S ee d e cis io n co n fir m in g the
$14,369,416 1v a lid it y o f th e re o r g a n iz a tio n m V . 6 4, p . 4 1.
j

St o c k

and

B o n d s .— fn D e ce m b e r, 1 895, $ 9 1 2 ,0 0 0 c o m m o n and $ 9 1 2 ,-

85,788,463
1 4 19.4 09
123,033

#6.239,048 |0 0 0 p re fe rr e d ha d b e e n iss u e d , a ll o f w h ich h ad b een s o ld t o C ln eln a att
1,863,325 [ H a m ilto n A D a y to n in te re s ts . S ee V . 6 1, p . 106-4.
41,120 | T h e first m o r tg a g e o f 1 8 9 5 is a u th o riz e d a t $ 1 2 ,0 0 0 p e r m ile fo r

#7,430,905
$2,757,845
1,217,840
471,379

#8,194,493 110 , a t a n y t im e o n e ig h t w e e k s n o t i c e ; m o r t g a g e tru s te e , C en tra l
$2,665,265 I T ru st C o ., N . Y ., a n d A u g u stu s L. M ason o f In d ia n a .
1,217,840 ) L a t e s t E a r n in g s .—5 m o s., 51 8 9 6 . . . . .G ra s s , $ 1 9 4 ,8 1 6 ; n e t, $ 6 4 ,3 5 8
867,148
J u ly 1 to N ov. 3 0.
1 1 8 0 5 ........G r o ss , 215,0-49; n et, 69,9 26

a d d itio n a l r o a d b u ilt o r a c q u ir e d ; th e b o n d s a re r e d e e m a b le b y lo t at

A n n u a l R e p o r t .— F isc a l y e a r e n d s J u n e 3 0. R e p o r t fo r 1894*95
was in V . 8 1, p . 1 06 1 . G rass a n d n e t f o r 1 8 9 5 -9 6 a re g iv e n b e lo w :
T ea rs en d J u n e SO. © m ss.
Op. rxp.
N et.
Twees.
B a lan ce.
| 1 8 9 5 - 9 6 . . . . . . . . . . . . # 1 8 3 ,7 9 8 $ 32 2 .2 1 1 $ 1 6 1 ,5 8 7
......
......
1 8 9 4 -9 5 ....... ............. 4 7 8 ,1 3 4
3 0 5 ,9 3 7
1 7 2 ,2 9 7 $ 3 2 ,9 7 6 $ 13 9 ,3 2 1
B ala n ce, s u r p l u a ... . . . . . .
.
8523,227
#2,916
#463,275
O f f ic e r #.—(E le cte d in D e ce m b e r, 1 8 0 5 ): P re s id e n t, M . D. W o o d fo rd ;
Betolln o n $07 mites* ;
Tear—
Grom.
Other i.nc■ *Interest, etc. Bat. sur. j V le e -P re sid e n t, H e n r y ¥ . S h o e m a k e r.— (V . 8 2, p. 5 0 2 ; V . 6 4, p, 41.)
.
,20|
00'A
1895-06....13,629,025 $ 1
m o o ,m z
$500^37
I n d l s n u I t il n o t e Sc I o w a H i t . —O w n s fro m S tr e a to r J u n ction ,
18 9 4 -9 5 .... 3,331,333
.067
4.555
693,722
261,901 J IB ,,
S outh B e n d , In d ., 152 m ile s ; o th e r , tn.; t o ta l o p e r a t e d 158 m .;
$99
4,236
18 93-9 4.... 3,338,860
754,495
219,134 t r a c k a g e {W abash H allw ay) in to S treator, 1*70 m ile s ; (Ch. A W. M .) La
* Loa# on i a » o f fecu riile*, $3,200 la 1894>5 am! #50.560 la 1893-4. ! OBOsse, la d ., to N ew B uffalo, M ich ,, 3 8 ; (C hic. A E. t l l j W heatfhdd to
*
St . L o c w A t t o s f A T e r r e H a c t k B E .— Farm « the • Cairo Short f La C rosse, l a d .. 13; (K a n . A Sen. R E .) K a n k a k e e t o S e n e ca , 01., 38
M m ” route from S t Lout#, Mo., aero*** th
al tie la o f Southern 1111- j m iles; total, o f a ll, 2 4 9 m ile*.
-not# to Paducah, Ky,, with branches.
S tm
m
o
7 ,8 0
a
0
u ip
o te Jttae
Proprietary Line—
MHe*
Leased. Line#—• fCm r n l m M iles. 3 0, K 89 6 ,m 5 6 - S6t1 . c kT,h $ 3I,5f9 and. 0 ;d pinr, $ 1e *0 .a sE qe ll m e n t n1st s4 s, are
{ Co
1
$ ,6
e g
2
co m ,
w
as the
E. S t Lea to t& BeBevUte, 111,.. I
S t Lout* Soiith em —
s u b je ct to ca ll a t p a r an d in te re st a fte r 3 0 d a y s ’ n o tice . T h e 5 p e r ten ts
Leased Line#—
Pi nekney vi 1}$ to Ctorbondal
30 o f 1 893 a re a fin d m o rtg a g e fro m K n o x to S o u th B en d (In d . 111. A I o w a
Belleville A Southern Illinois—
Csrtwadaie A Shavrneetowti.R a il ma y O o,), and a co n so lld a te t! m o rtg a g e o n m ain line*
Belleville to Duquolu , . . . . . . . 57 f Curb
M
17
B ajeictnus,— month.** 1 1 8 9 6 -7 ... ... .G r o s s , $ 4 7 2 ,7 3 5 ; n e t, $ 11 3 ,8 7 1
B ellev ille A E ld o r a d " C hlcag
1Paducah . Lot
J u ly I t o F eb . 23.
\ 1 8 9 5 -6 .......... G rass, 5 4 0 ,8 0 2 ; net, 174,695
> F»
BiKjTttOin t o E W orado
5 0 j M arl
53
B e lle v ille A C a rea d etet—
EauKtifog*— In y e a r en d . J u n e 3 0 / 9 8 , g r o s s , $ 7 8 6 ,1 3 1 ; n e t. $ 23 4 ,1 0 9 ;
B ellev ille to gn at C a r o n d e i.-i.
To l operate
..2 3 9 t u t w e s t, ta x e s, re n ta ls , $ 1 0 8 ,3 9 4 ; c o n stru c tio n an d Im re ce m e n ts,
$ 1 1 7 ,3 8 4 ; b a la n c e , s u rp lu s fo r v m r , $ 8 ,3 3 1 . In 1894-5. g r o ss , $ 7 3 9 ,L ea^e.—TIjIs road v a ilemml tn Ap rtt* 1 16, fo r 91
ar* fro
G et
6 1 8 ; n e t, $ 1 7 7 ,6 3 0 - P re s id e n t, F. M. D rak e, C h ica g o , Til.; V ice -P re si­
1,1895, to the lUinoto C Mitral RR. Co
d e n t* G eo. H . H o lt, 11 W all S tre e t, N, Y .— (V , 6 2 , p. 548 .)
per annum on the flo c k - V . 02, p. <13
(JonverHon of M. L. A . # r. II. if adB
j
I n d i a n a Sc L a k e i f i l c h l g a : i i t y , —O w n s fro m S ou th B e n d , In d .,
A lt o n A . f t
Bltnoif Central offers to convert S t L
to Bt. J o se p h , M ich ., 8 9 m iles. L oused w h e n co m p le te d , J a n u a ry ,
B lin oia C en tra l 3j>. c. l »ndn at #75 1 8 9 0 , t o T e rr e H a u te fa In d ia n a p o lis, w h ich g u a r a n te e d b y e n d o rs e ­
an l B e lle v ille fa S oo th e !
iim
#100 m ent th e a b o v e b o n d * , p rin c ip a l a n d in te re st. T h e r e n ta l Ia 25 per
o f p r e fe r s )•.! e t o e i
V, 6 2 , p. 0 8 4 , 0 h8; V . 13, p. 716 ,
c e n t o f g r o s s ea rn in g s. I n te re s t dn© S ept. 1, 1806, w as n o t p a id , V.
B09C33#. -•nhe m w f i n (t m ortgai n o f 189-4 eo
the eal eeltote in St. ' 6 3 ,.p . 4 0 7 . In N o v e m b e r. 1806, th e C en tra l T ru s t C o.. N ew Y ork ,
L o o li and tihe 14 tnllea o f m a d owne#i, a:
•ment (on w h ich a rc b ro u g h t su it to fo r e c lo s e th e first m o rtg a g e .— V. 6 3, p. 1009. U n fu n d ed
n # esmt treu
ted » t
i. T h e toypel*[ a re r e i c r i i a b le a t 105 d e b t J a n . 1 , 1 9 9 6 , # 2 6 2 ,4 7 0 ,
p e r c e n t cm o n e y
n otice. 8d a te Ttu*it OnK, N, Y .. T ru e to
BoJCDitocDBR#' Co m m i i t b s ;.—Ch a irm a n , M orga n G . B u ik e le y ; S yl­
hSLKHKXt U
■BeMmHU e d So, Mimed* wan
ml tor 999 year# te v e s te r O. D tttitsm , 4. S. F a r le c . M. L , S eu d d er; d e p o sita ry , C en tra l
jjg s |
|
the 31. Lev. . A lt o a A T »rra H aul
In Spi*Pf4:*t;w T fo r T ru st ۩ ., N. Y . A m a jo rity o f th e b o n d s has b een d e p o site d . V. 63,
Jan uary, I t 96, toit h a iring U*M Id th e 8 t t m ito A. fa f . II. Itte I llin o is p. 6 0 1 . S to ck 1s $H ,*»K)f>. D u e T. II. fa I, f o r betterm entH to N ov. 1,
M
C entral mleettoeil ■h e b . fa 8 .’ I. ten ee m o d ified
i
m m % t i m I 1 1no to 1 896, $ 2 0 1 ,2 1 8 . F o r yea r e n d in g O ct. 3 1, 1896 *se<- r e p o r t V. 6 4, p.
1
g
Oem tral44: »: iirstil
th a t a fix;ed ren ta l. m *
.t*801M r ce n t p e r annu m 4 6 7 ). gro ss, # 6 7 ,5 0 2 ; d e ficit u n d er o p e ra tin g , $ 8 ,1 5 4 ; rental, was
b# p a id to 'tim hot d e r t e 7 th e prei
o t tite B eliev. fa So, Ui. $ 1 6 ,8 0 7 lo ss to le ss e e , # 2 5 ,0 5 1 . In 1 89 4 -5 g ro ss , $ 4 4 ,7 2 1 ; d e f. un d er
R E . C o., t the XIL €’en4. B IL Co­ to r W9 y
&trailn G et, 1, 1.895, w ith o p e ra tin g , W jtO i- |V. 0 4 , p. 4 6 7 . )
.
p rivilege o f m a m fa t t lrn first piferment t
te on J u ly in t, m m ,
I tt<S in via p o l l # D«’ e a t i i r A 8 p r ! u g l i c l d . —T h e I n d . S prin gfield fa
i n d titert te r m leb a l % m onttoi.f* - V . 0 2, p . ti,'30, 9 8 8 , B. 4 1 SO, III. I « t
..
m ortirage g* d u e l je t . 1,, 1 8 9 0 , we<re o %tee fed one r e a r a t 4 H p e r ce n t W estern w a s reorgutklxed in 1895 as t h e In d ia n a D e c a tu r fa W est­
r
e r n —w h ich see a b o v e . T h e o ld In d isin ap olis D e c a tu r fa S prin gfield la t
inEjold,m id
de C entre
F. 83., p . 0 0 1 , 71
T he Bellee\m e d CaronM e l to le■mm l o t 9 8 3 y e a r %from J u.ite 1 ,1 8 8 3 , 7 « re c e iv e d p a r In new b o n d s, a n d the re o r g a n iz a tio n ce r tifica te s w ere
a t a rentidi mI $30 ,0 0 0 pm y ea r, m
rbieh to a .gwa;rant#m o f inter**«t on the re tu rn e d t o th e o w n e r s s ta m p e d e x -n e w b o n d s p e n d in g d istrib u tio n to
them o f a m o u n t re c e iv e d fr o m sale o f n e w s to c k . T he ce r tifica te s re­
bond*, the > gt o o l o f m 0 0 ,0 0 0 toi?lng own*e l big re**. 8L L. A lt . fa T. H .
iS m
The Bet*\ 9 e d M d m ‘ado to !esm m to r i98$ y e a r %fram J u l y 1 ,1 8 8 0 , c e iv e in te re st a t th e ra te o f 2 p e r ce n t, p a y a b le J . & J .—V. 64, p , i t
at a rental o f 30 per ■e n t o f |h©
m earning? b u t # 1 5 ,4 0 0 p e r y e a r j I n d f a n a p e l l f f U n i o n , —O w n s 3 m iles o f tra ck , *93 o f a m ile
jpaaraatoeii. Stock, i !l,000 ,000 *
, .flO .
O
o f roa d , w ith term in als a t India mi p olls, In d ., an d leases fo r 0 9 9 y e a r*
ML Xrtmis Southern [inch Curb
Is lea sed fo r 0 8 0 years th e B elt RR. o f In d ia n a p o il * - w h ich s e e —co n sistin g o f 1 2% m iles o i
for 30 per c on i o f grt ss earnings minimum to
*$ 3 2 ,0 0 0 , and in terest roa d e a cire lin g th e c .ty , e tc.
) bonds being sntmr. mtoed to It
k # 5 0 0 ,0 0 0 (p a r $ 1 0 0 ),
F o rm e d in 1 8 5 9 a n d fu rn ish es te rm in a l fa cilitie s to th e 8ev<?«y>
Mated InN. Y, in D ec., 1892. Wi id en d s p a id ; In 1892 to 1894, in clu siv e, ra ilroa ds e n te rin g In d ia n a p o lis, B r a c k —T h e C le v e la n d C in cin n a ti
D iv
5 p. c. y e a rly In M a rch ; in 1 89 5 , M a y, 3 p. c.; N o v ., n on e, tn y e a r C h ica go & St. L ou is, th e P itts b u rg C in cin n a ti C h ica go fa Sfc. L o u is aafi
th e T e rr e H a u te fa In d ia n a p o lis a re virtu a l p rop rietor# , th e y h a v in g to
T h e Chicago St. L ou is & P a d u ca h Is leased fo r 0 7 8 y ea rs from M a rch , f v e ste d in St $ 8 3 5 ,9 9 2 to J u n e 3 0, 1895. N o s to c k o u tsta n d in g . B o n d s .
■■
—T ru ste e o f m o rtg a g e is th e F id e lity In s. T ru st fa S a fe D e p o s it Oo. o f
rental to p a y f l f t f m o rtg a g e in terest. (V . 4 7 , p, 8 0 1 .) In M a rch , 1892, P h ila d elp h ia . B ond* fo r $ 3 5 ,9 9 0 h a v e b een ca n c e le d b y s in k in g fun d.
2 per cent was paid on second mortgage incom es and Nov. 2 9 ,1 8 9 3 , F o r y e a r e n d in g J u n e 3 0 , 1836, g ro ss , $ 6 0 6 ,5 2 0 ; n et, $ 3 1 0 ,5 1 2 ; o th e r
1% p e r c e n t
in co m e , $ 1 3 ,6 7 2 ;
ch a rg e * , $ 2 4 4 ,6 1 0 ; b a la n c e , s u rp lu s, $ 79 ,57 4 .
i t L. A . A T. 1L ow n # # 5 0 0 .0 0 0 B e lle r , A C aron d . s to c k , # 9 0 0 ,0 0 0 . In 1894*5, g ro ss , $ 5 9 4 ,8 0 0 ; n e t, $ 2 2 3 ,5 9 0 ; o th e r In com e, $10,5344
€ h . St, Lb fa Pad. stock a n d $oO0«99O o f th e U t t e r ro a d 's in co m e b o n d s, 1 ch a rg e s, $ 1 5 8 ,1 8 8 ; b a la n c e , su rp iu s, $ 8 1 ,9 3 6 .
A s^tijas, . R i p o f f . - f t i i c a i y e a r end# J u n e 30. A n n u a l m e e tin g a t 84. I
1 n d l a i t a n o l i N Sc V l n c e n n e * , —O w n « fro m In d ia n a p olis, In d ., to
Items first. M onday tn J u n e, B a n tin g s s in c e O c t 1 ,1 8 9 3 , a rc Inclu ded
In Illinois Central re p o rt
j V in cen n es, In d ., 117 m iles; b ra n ch e s, B uslrrod t o D u gg er, e t c ., 16 m iles.
. Jw ov.
firm s.
>#»
Rental*.
B a lan ce.
8 BCURiTik *.— Co n n e ctin g lin e fo r P e n n . R R . to V in cen n es. S tock,
1 ,4 9 2 ,0 0 0 ; p ar, $ 5 0 ; o f w h ic h P e n n sy lv a n ia C om p any on J an . 1
$ 1 ,3 5 0 ,0 3 5
# 5 6 7 ,5 2 0
$ 3 6 5 ,3 2 9
# 2 0 2 ,1 9 7
8 0 0 , o w n e d $ 1 ,4 0 1 ,9 0 0 . T h e P enn. lilt. Co. gu a ra n te e s b y e n d orse­
528317
384,281
144,036
1893-94..................... 1 ^ 8 5 ,0 4 6
Charge# fo r 1894 w e r e : l»4 ,, #739146; lis t on p r e f., # 3 7 ,6 8 2 ; n ew 1m e n t o n e a ch th e p rin c ip a l and Interest o f th e b o n d s.
Net.
Interest, etc.
Balance.
eoMpmetit-. etc. fa ct). # # 9 .2 6 0 , tota l, $ 2 0 0 ,5 8 8 .—V. 6 3 , i». 2 2 7 , ssS, 1 T r e n d . Dec.3 1 : Cross.
1 89 0 . . ..............$ 4 8 5 ,0 9 8
$ 9 8 ,1 9 7
$ 2 0 8 ,4 7 4
def. $ 1 1 0 ,2 7 7
4 . ’ S?:|’ S 7 -* f i m ' 7 0 3 , 7 1 5 . 1.063 ; V. 61, p. 4.2, 2 3 3 , 4.22, 7 5 5 .)
" ^ d l a o a H e c a t iir A W e s t e r n B y , — lodlanapolls, Ind., to De*| 1 8 9 5 . . . ............ .5 1 7 , 0 0 2
9 0 ,5 1 3
2 0 7 ,1 4 0
d ef. 116 ,59 7
ratur, 111., 152 mltos. Pnccessnr In 1894 o f Indianapolis Springfield 1 8 0 4 . . . . . . . . . . . 184,315
9 6 ,8 6 5
2 0 6 ,0 2 3
d ef. 109 ,75 8

2,300,000
400,000
80,925

2,500,000
400,000
80,905

1

10

6

8

17

1

1

1

00

5

1

1

5

5

?

INVESTORS’

GS

SUPPLEMENT.

fVOL. I XIV,

M i n n e a p o l i s ']

Stevens Poinl
ireen
Applotoir

Mankato

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Oshkosh;!
duiLac.
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goner

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B Hazlehurst
B Beauregard

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Alexundr:

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ILLINOIS CENTRAL
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m a p

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A P R IL ,

RAILKOAD

18&7.J

STOCKS AJSTD BONDS,

«9

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g i m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t b e s e T a b l e s .
B o n d s—P rin e l
INTEREST OK DIVIDENDS.
R A IL R O A D S .
M iles D a te Size, o r
p a l,W h e n D n e
A m ou nt
of
of
R a te p e r W h en W hore P a y a b le , a n d b y Slocks—L a st
Par
t o r explanation o f co lu m n h ea d in gs, * o ,, s ee n otes
O u tstan d in g
R oa d . B on d s V a lu e.
C ent. P a y a b le
W h om .
on first p a g e o f tables.
D iv id e n d .
Internation al <t G reat n o r th er n — 1st roort., g o l d . . . .
C ertificates o f Indebt. see. b y 1st m . c o u p o n s, gold.
P u rch a se m o n e y 2 d m ort. in com es, n on -eu m ........
2 d M. gold , Int. iCs p.o. tiil S e p t '9 7 , then 5 p .e ..e '
3d m, ($ 3 ,0 00 ,0 0 0 ) In com e till S ept. 1 ,1 8 0 7 , g . . '
C olorad o B rid g e b o n d s, sin kin g fu n d .........................
Iowa Cent.—C o m m o n s to c k , 8 1 1 ,0 0 0 ,0 0 0 a n th ........
P re fe rre d s to c k , $ 7 ,4 0 0 ,0 0 0 , 5 p . e ., n o n -e u m ....
1st M., f o r $ 7 ,6 5 0 ,0 0 0 ; $ 1 5 ,0 0 0 p e r m ile, g o ld , . c '
K e lth sb u rg B rid ge 1 st m ortg a g e, g o ld , g u a r— «■
Iron S a ilw a y—S to c k ...................... ...................................
Ir,B a n g ed -H u ro n Bat/— 1 st At (roa d n e v e r on er.) g . i
Jackson ville dt St. L u i s —S tu ck T ru st C e rtifica te s.'
J aek son v . Southeast. 1st M-, J a c k , t o U t c h ft e ld 1 st c o n so l, m o rtg a g e , $ 6 3 0 ,0 0 0 . g o l d ........... . c*
In co m e s, ■is, g o ld , n on -eu m illa tiv e, $ 1 ,6 5 0 ,0 0 0 .
Jaekson nU e Tam pa <t K ey West—R e ce iv e r's c e r tifs .
1st, gold, red eem ;, b.. .it 1 1 0 .................... ............... 0"
A tla n tic C o a -t S t.J o h n s A In d ia n it. 1 st A l-.gold .e
S an ford A L a k e E u a tia 1st M . ($ 3 5 0 ,0 0 0 ), g o l d .. .
J .T . * K . W. c o n so l, m ortg a g e fo r $ 4 ,0 9 0 ,0 0 0 ....
J a ek som -U k Ter, Bu.— 1*6 i f . , $ 5 0 0 ,0 0 0 , g . ,4 w r . e *
M k i m - l t t A 2 d M »,ex t. I s ’ 8 7 4 *8 9 (H ‘ d a le B r .)e
1st i f . C arbon d ale to 3. d e p o t, gold , g u ar. p . 1 ,.e*
Joliet A Northern. I n d ia n a — 1st M. gu. [>. A !. M. O e
Xunction (P hiladelphia/— l e t m .,ir u a r .p .A l.(e x fd ).
2d m ortga ge, gu aran teed p rin . A i n t ........................
JCanawha A M ich.—S to c k . § 1 0 ,0 0 0 ,0 0 0 a u th o riz e d ,
*
.
..
a r .p .A l.e » ;
1- -

776
776
776
776
770

503
.
20

1

1 888
1 885

54
112

0

1879
1892
1 879
1881
1 89 2
1 880

1 88 0
1S9C
1 89 6
1 893
1884

1393

112

.. .
130
37
29
200

8
37
45
3 -56
3-56

s C U y M t - 1st i$.(>34,000 gn. K.C.F 8.A2.1.C*
......... tO O y Clinton <t Spring.— 1st i f , g., g u a r..e '
Pleasant Hill A De Soto 1st m ortgage, gold.........

164
10
174

$ 50 0 A e.
V ariou s
5 0 0 & c.
5 0 0 A c.
5 0 0 &e.
1 ,0 0 0
100
100
1 ,0 0 0
1 ,0 0 0
100
1 ,0 0 0
100
1 ,0 0 0

1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1.000

file
1890
1894
1 867
1889
1 877
1 88 2
1 86 5

1.000

1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1,000
1 ,0 0 0
100
1 ,000
1,000
1 ,0 0 0
500

1 89 0
1 886
1 83 5
1 877

$ 7 ,9 5 4 ,0 0 0
1 2 4 ,7 4 2
3 ,0 0 0
7 ,0 5 1 ,0 0 0
2 ,7 0 9 ,5 0 0
2 0 0 ,0 0 0
8 ,4 3 7 ,3 2 5
5 ,5 6 9 ,3 6 6
6 ,3 3 0 ,4 8 3
5 9 1 ,0 0 0
6 0 0 ,0 0 0
3 7 0 ,0 0 0
1 ,5 0 0 ,0 0 0
3 0 0 ,0 0 0
3 5 0 ,0 0 0
1 ,5 8 2 ,0 0 0
1 4 1 ,00 0
1 ,5 6 0 ,0 0 0
3 6 0 ,0 0 0
2 9 0 ,0 0 0
1 ,7 8 4 .0 0 0
5 0 0 ,0 0 0
3 0 0 ,0 0 0
2 ,8 0 0 ,0 0 0
8 0 0 ,0 0 0
4 2 5 ,0 0 0
3 0 0 .0 0 0
9 .0 0 0 ,0 0 0
2 .4 6 9 ,0 0 0
2 ,0 0 0 ,0 0 0
3 ,1 9 2 ,0 0 0
5 8 ,0 0 0

I f M. A N . N .Y ., office , 1 9 5 B ’w a y . N ov. 1, 1 9 1 9
o g- i f A N . N. Y „ C en tra l T ru st Co. N ov. 1 , 1 8 9 7

M.
4 l i t o 5 g. M .
M.
M,

&
A
&
A

S .:
.................
S. N . Y ., o ffice, 1 9 5 B ’ w ay.
S.)
See rem a rk s.
N . N .Y ., office, 1 9 5 B ’ w a y .

J. A
6 g. J. A
S e e te x t.
. m
i g- F . &
6
J. A
A. A
4 g’ J. A
8
6 g. J. A
6 g. 51. A
51. A
I 8’ 51. A
J. A
i h A S J. A
e
A. A
I 8' J . A
i t s J. A
A. A
I
6

D . N . Y ., M e ro a n tile T r. Co.
D . N . Y ., C entral T ru st Co.
B o s to n .
I n d e fa u lt.
.
A.
J.
S ee text.
O. P h ilA .P e n n .C o .fo r In s .
J.
N . Y ., S e a b o a rd N . B k.
J. (Jail., *95, p a id J u l y ,*95.
S. H o b ., ’ 9 5 , co u p , la s t pd .
S. 5 Ich ., *95, co u p , la s t pd .
S.
N o co u p o n s p aid .
J. N .Y .M e tro p o lita n T ru st
J. P h lla ,, F id e lity T r. Co.
O.
N .T ., E rie RK.
J. tN. Y ., F a rm . L. A T r. Co.
J. P h lla ., B ro a d St. Sta.
do
do
O.

S ee text.

S ept.
S ept.
Sept.
5 Iay

1,
1,
1,
1,

1 90 9
1909
1 92 1
1 92 0

A p r . 1 1 ,1 8 9 2
J u n e 1, 1 93 8
June 1, 1925
J u ly 1 0 ,1 8 9 1
1944
1 89 7
J u ly 1, 1 910
O ct. 1, 1 92 5
J a n . 1, 1 935
J a n . 1, 1 914
Jan . 1, 1 9 0 6
S ept. 1, 1 9 1 6
1 94 0
J u ly 1, 1 9 3 9
J u ly 1, 1 9 2 7
J an . 1, 1 909
J u ly 1 0 ,1 9 0 7
J u ly 1, 1 907
A p r. 1, 1 90 0

4 g. A . A O. N. Y ., C entral T r, Co. A p r. 1, 1 9 9 0
6
J. A J .;B o s to n , O f.. 50 S tate St. J u ly 1, 1 9 1 6
5 g.
7 «.

A. A O. B o sto n , M eroh. N at. B k.
A. A 0 .:
do
do

1

O ct.
, 1 925
O ct., 1 9 0 7

I n t e r n a t i o n a l A ( ( r e a l N o r t h e r n It I t . —O p e r a te - from L o n g ­
S i , ( •Imi nnau, 517
C h estn u t St.. P h lla.; H . A . Du P o n t, A lfr e d S. E llio tt, H en rv N . P au l.
Houston £ G a lv e s to n , a lso t o L a red o, T e x ..o n M ex ica n N a tion a l HR.
O v e r fo u r fifth s o f tilo fir s t s h a d b e e n d e p o site d in A p r il, 1 8 9 6 . F o r e ­
clo s u re s u it u n d e r first m o rtg a g e ha s b e e n b r o u g h t. C o n s o ls a re re p re ­
■Lines ow n ed—
It lies- l L in e s L ea sed —
Mites.
sen te d b y S im p s o n ,T h a c h e r A B a rn u m , N e w Y o r k , V , 6 4, p . 7 5 4 .
Longview, T ex., to Laredo.
j G a lv e s to n , H ou ston A H en ­
St o c k —S to ck J u ly 1, 1 89 2 , w a s $ 3 ,0 1 0 ,0 0 0 , o f w h ic h it la s a id
T e i ................................ ........... .4 9 6 1 d e rs o n ilo tn tly w ith 51. K .
A T ) ............................................... 5 0 th e F lo rid a C o n s tru ctio n C o. o w n s $ 2 ,7 1 5 ,3 0 0 .
P alestine to H ou ston . T e x ....... 1 50 i
26
O th er l i n e - ......... ..................... ..
H t S c o l a . C olu m b ia ,
e tc.,
E x R S tx o s .— 11 m o n t h s ,) 1 8 9 6 - .7 ......... G r o ss , $ 2 7 3 ,7 2 9
net, $ 1 0 ,9 2 8
b ra n ch *:-............................ .........t o t ;
A p r. 1 to F e b . 2 8 .
> 1 8 9 5 - 6 ..........G ro ss, 2 8 6 ,5 4 5
lief., 6 ,5 2 1
stem ...........................823
T<
O b o a s iz a t t o s .—Re o rg a n ize d w ith ou t fo r e c . a n t e to 1892 u n d er p la n ! R k p o r t .—R e iio rt f o r y e a r e n d in g M arch 31 1 89 6 , In V 6 2, p. 1 1 3 7 ___
, ___
Gross,
X e l.
Other in c. * Charges.
B a la n c e .
in 7 .5 4 . p. 2 0 3 , 3 6 6 . S tock a u th orized l » $ 2 3 ,0 0 0 ,0 0 0 ; o a ts 'a h u in g ,
*17 0 - ■9
*
1 8 9 5 - 6 6 ___ $ 3 1 7 ,2 7 8
d e t.8 5 ,6 0 7
$ 95 4
$ 1 7 2 ,7 2> d e f,$ 1 7 7 ,4 4 2
$9,755,000; oar. $
; (x m lroiled in In terest o f M tssoitrl P ncilie.
1 8 9 4 - 9 5 . ... 6 6 8 ,7 8 2
2 0 0 ,4 2 8
1 ,7 7 9
2 3 0 ,2 7 1 d e f. 2 8 ,0 6 5
Owns 4,990 shares o f O. H. A II. stock. See V. 61. p. 1013, 1064.
1 8 9 3 - 9 4 . ... 7 6 6 ,3 2 9
2 0 3 ,1 3 7
1,248
2 9 4 ,7 5 7 d e f. 3 0 ,3 7 2
B o s p e .—T he secon d m ortga ge In terest la sea led t o 4 % p e r c e n t nntl
and tnclndlng Sept. 1, 18 97; thereafter It will b e 5 per ce n t; but
• T otal ch a rg e s. F o r )m y m m f# »e e V .6 2 ,p . 1 137.—-V. 6 4 , p . 4 6 9 ,7 0 7 ,7 5 4
In ca se o f d e fa u lt th e ra te rev erts t o 6 tier c e n t as fo rm e rly . S econ d
J a c k s o n v ille *e r m lo a l
<
a n io n fr e ig h t a n d p a ss e n b on d s a re re s e rv e d t o tak e u p th e $ 3 ,0 0 0 old In*
e r d e p o ts (th e latt*sr o p e n e d F e b . 1, 1895,1 And te rm in a l p ro p e rtie s a t
fo r $ 3 ,0 0 0 ,0 0 0 , u n til a fte r
The third mortgage 4 p er re
a c k s o n v llle , F la ., lu cfu d in g 2 0 m ile# o f tra ck , used b y S a v a n n a h
see pro­
-Sept. 1 ,1 897 , draw in to n o t only if ea ned. non eujmdatlv*
vision respecting paym ent o f tntere. In V. 5 6 , p, 8 2. T1 tore Is also F lo rid a A. W e stern , F lo rid a C en tra l A P en in su la r and J a c k s o n v ille S t.
X
wutatandiag fractional bond scrip tin Deo., 1990,) tor $3( i,S»7. The A u g u stin e < ? In d ia n R iv e r (n o w F lorid a E ast C oast R y .), w h ich c o m ­
tstrftfieetee o f indebtedness are secured by first m o rtg a g e eo upon* held p a n ies gu a ra n te e b v e n d o rse m e n t th e p r in c ip a l an d In te re st o f a b o v e
b o n d s ; tru ste e , M e tro p o lita n T r u s t C o., N , Y . Prox>crty Is a lso u sed b y
n trust and are payable $124,742 eaet NOT. I; t b s ’ am ou n t t n p a id
BCMit Nov. 1, 1890. June 3 0 ,199 6, in ns a n d b ills p a y a b le , $ 26 0 ,0 0 0 . J a c k s o n v ille T a m p a & K e y W est.
J ©fTe r #
O wn# fro m f.a n r e b o r o , P a ., to C a rb o n d a le , P a ., 3 7
v. B . A I I ., J (m .t l t o
: Bajsmesgs.—
-On 77 5 miles, not taolu
5 6 ,8 7 3 in (6 9 6 . F or m llm d o u b le t r a c k ; bran oh, H a w le y , W k* to H onesclale, P a ., 8
vfar. 3 1 ,3 months, gross, $930,837 in 18 9
; le t ft, gr •*. $ 3 ,2 7 7 ,0 5 7 , m iles. L e a se d In p e rp etu ity t o th e E rie E ft. C o. f o r $ 1 4 0 ,0 0 0 p e r
year ending D en s i , J896. gross, $3,53
a nnu m fo r m ain lin e and $ 1 4 ,9 4 0 f o r b ra n ch . U sed by D e la w a re «fe H u d H . i H .,
For year* ending June 30, on 775 ml
to n to re a ch C arbon d ale. S to ck . $ 2 ,0 9 6 ,0 5 0 ; all o w n e d b y E rie B E .
Orm*.
Bn Imnce.
A’it.
Other ine. Ch&Tig**.
J o l i e t Ac N o r t h e r n I n d i a n a * —O w n s from J o lie t, HI., t o L a ke
*61>1,622 6 3 4 ,7 7 1
.8 0 5 -9 6 ... 13,174,112
002 d e f - S it 2 i.409
14,2 61
* ,
1 8 9 4 9 5 ... 3 ,4 9 1 ,6 3 3
m
fir, ■2f'0 ,5 5 5 S tation, t o d ., 4 5 m iles. O p erated as p a rt o f the M ich ig a n C en tra l s y s ­
h im s m
8 9 3 -9 1 ... 3 ,1 0 7 ,7 6 3
72IS,3 1 7
39
S0SUXX» 4 Stf* VI: 1.644 tem . R o a d op e n e d in 1854 an d leased to the M ich ig a n C entral. S to c k
(#
,
, p a r # 1 0 0 ) ca rries d iv id e n d s o f 8 p e r c e n t "per annu m .
(0 1 3 ,1 0 6 4 ; v . m *. P. 7 70, 1 0 3 8 ; 7 . 0 3 . p . « i .>
J u n c t i o n ( P h i l a d e l p h i a ) . —O w n s fro m B e lm o n t, P a ,, t o G r a y ’ s
m t m f'tom Peoria,. H I., w m te r|jf re 0 « k a m rM l B y ,
F erry, P a ., a b o u t 4 m iles. It c o n n e cts th e P e n n sy lv a n ia , th e P h ila d e l­
* » , la ., t uFisre uurtbfffly lie» Maui T J n o v tlo n , t o ., a
an tihiu
; Omm—
MiU*. \ Leu***—
MU**, phia A R e a d in g an d the P h ila d e lp h ia W ilm in g ton A B a ltim o re ra ilro a d s ,
yilss (.. Uhl co m in g Into Im llnsleiplda, w h ich th re e co m p a n ie s Jointly g u a ra n te e
Jane . 111, to Ml**. R iv e T. S0 [: K eith sb u rg B rit
Mm, River t o *iikstbxHia , to .. 0 3 I T r m k , to w n J u smi*n U» r ’m r i u 3 % p rin c ip a l a n d in te re st o f b o n d s. S to ck $ 2 5 0 ,0 0 0 (p a r # 5 0 ), is all. held b v
*
— — th ree three eo«. H i v i u e v d s —in 1 89 1 4 0 p . e „ in 1 89 2 3 5 p. c ., in 1893
mk&lwmn t > M anly Ju tirtifin ..1 5 4 j
8 0 p . a,; in 1 894, 15 p . c .; in 1 89 5 , n o n e ; la 1 8 9 6 ,1 5 p . .
A lb la , © to.,1 0 5 j T o ta l o f all . . .
K a n a w h a Ac T l l c h l g a n I I y . —(S ee M op Toledo d Ohio C en tra l.)—
fgsin op* retin a Jc►fbUr w it b B url. C edar R, ts
>. tb e lin e
O w n s C o m in g , O ., to G a u ie y on the Che*. & O h io, 172 m iles, less 17
. t o M orthw om * 1 1 milfra, fo r m e r ly immm(1 to th it rea« .
m iles, P o m e ro y to GalUpoilH, an d i m ile, A th en s to A rm lta g o , w h ere C.
j HUM
cort.—iborzm nimtUm (by p
,>lim In V. 4 4 , p. 6 3 3 ) o f th e C entral H . V, A T . tra ck s a re used. A lso o w n s b ra n ch o f 11 m iles le a se d to
»wa Hold in foredowure In 18H7-B9.
T ole d o A O h io CcntrAl an d C oL S h a w n ee A H o ck in g R y,
. Ca p it a l
rre&t* m ttttm i io- 5 p e r tent m o n eum tiH is t o r y , E t c ,—Re o rg a n iza tio n in A p ril, 1 8 9 0 , o f the K a n a w h a A
*tlve), then co m m o n t o 5 , then b oth «ih»re p ro ru ta.—(V . 6 2, p. 5 4 6 .) O h io R ailw a y sold in for«*«doejre. (V . 5 0, p. 4 5 1 , 4 83.) In O c t., 1 8 9 0 ,
D W jfD .— p referred utock In 18R2 p aid 1 per ce n t; n on e since. a la rge in te re st in the stock was a cq u ire d b y th e T o le d o & O h io C en tra l,
iY R n On
B o ii n .- M o r i f s if fe trustee M erca n tile T ru st C o.; ah *tra ct V . 4 9 , p. 582 . w h ich has g u a ra n teed th e b o n d s, p rin c ip a l and interest, (See V. 52, p .
165 . 351.) Th© first m o rtg a g e b o n d s a re a u th o rize d a t $ 1 5 ,0 0 0 p e r
m on th *. 1 1 8 0 6 -7 , ***,O ro*», $ l ,0 5 8 ,1 5 7 ; n et, 0 3 2 2 ,1 6 5 m ile o f re a d co n s tru c te d . C u rre n t lia b ilitie s J n n e 3 0 , 1 89 6 , $ 2 1 1 ,717.

view on T e x a s & P a cific (n e a r S h rev ep ort* E ». .i s o u t h w e s te r ly to

100

f

0

1 50
4

300000

0

1

Jaijr i to Feb, 28.

J 1 8 9 5 - 6 . . . 1.2^2,fX»5; m-f.

564,086

t e * * ‘»HT.~“ Ft#c*l year-end# Jm*# 3 0 : r e p o r t f o r 1805 0 0 w m
■V, 6 3 , p. 508. S o ft c o n i to n n a g e la y e a r **05-16* w&* 5.84,603 to n «,

1

La t e s t E a r n in g * —8 m on th s, v 1 896-7 gro ss, $ 3 1 6 ,4 7 8 ; net, $ 8 2 ,4 6 2
J u ly 1 to F e b . 2 8.
( 1 8 9 5 -6 . arross. 3 2 0 ,2 2 0 : n e t, 7 8 ,3 0 8
S u rp lu s o v e r 8 mos.* c h a r g e s , 8 5 7 6 in *9 6 4 9 7 ; d oL , $ 3 ,2 8 7 in *95-’ 9 6
J l£ x k u a l >' t t aIt e m e n t .— F isc a l y e a r end s IJ u n ie 3 0.
.
JO CW tl
I
A > »’
S A C .M
J ttu l
In y e a r 1 8 9 5 -9 8

t in t 4S'A p. r, o f total tmrn&m; in
m wm tm /fn 7
being
1 s
.’
111
-110
e.
l'S
V6 per cent; ton-mile rate In 1895-96, 9-10 cent*; train load, 172 ton*.
gross (Includingother incom e $1,P78), $472,069; net, $116,129; Interest,
Tm r muHnff June 30.
1806,
mm.
1894.
s x? s, ................................. bat., d e f.. «G ,500. & 189 4 -9 5 g ro ss , $ 4 2 3 ,1 5 6 ;
ta e
etc., $ 1 2 2 ,0 2 7 ;
/*ge mile* of road operated.
499
498
4m
net,
# n )A | s
..................f 1 ,839,708
$ 1,5 6 9 ,2 2 1
$ 1 ,9 1 1 ,5 0 7 n e t, $ 1 0 9 ,8 3 9 .— (V. 5 7, p . 2 2 , 0 2 : V. 03, p. 503, 7 9 2 .)
K m i . n a c i t y B p I i . - F rom A ru-entine t o V a lle y o f B lu e R iv e r, 10
> mmimm {m m
i4
. ....
617,3 id
5 5 2 ,3 0 7
4 5 8 .4 3 4
•tfid set ree*|» fteel. rental#)
4 7 3 ,18 5
S to c k eu th orlx ed
$ 2 ,5 0 0 ,0 0 0
(p a r, $ 1 0 0 );
o u ts ta n d in g
031 ,
5 0 0 ,7 9 2 | m1le».
tewast, rentals,
373,163
38S,2ft3 $ 1 0 0 ,0 0 0 (par, $ 1 0 0 );
ow n ed
o n e -h a lf
Oy A tolU son
T opeka
3 7 8 ,3 4 7
iprOTcmenta........................
3 6 ,4 2 5 A S anta Fe an d th re e -te n th , b y K a n sa s C ity F o rt S co tt A M ein 8 6 ,2 3 8
24375
. ~ m a r p i o # .......
H m m ll 8a«:c.

! phis a n d tw o-tentha by C h ica go M ilw a a k ca A St. P aul.

D o u b le -tra ck e d

io
0 .9 6 4
*1 4 6 ,1 0 1 an d used to r a term in al r o a d at Knimast C ity , b e in g lea sed f o r 9 9 y e a r s
fro m 1SS8 t o C M. A St. P a u l and A tc h is o n T o p . & S. Fo ( jo in t ly w ith
p. 548, 683;
6 3 , p, $ P $ .}
; o t h e r co m p a n ie s) fo r p a y m e n t in e a c h e a se o f 3 p. o. p e r a n n u m o f
ffte lt a o n r llle A S t. f.o n in B y . —Own# Jaok*i m v llle to Central la, c o s t o f p r o p e r t y used w ith e q u a l p r o p o r tio n o f c o s t o f e o n d n o tin g
< 112 tnfiee. Operated h f Chlcaao Peoria tie 8t. L at ren ta l o f $2,000 i ; ( iiiisp o rta tio ii an d m a in te n a n ce a c c o r d in g to w jteela g e. T h e m o r t ­
s
J fjn o n ih , A reorj^aalaatlon J u ly 1 , i 8 9 6 ,o f th e J »- km n vi li e L o
¥3 e ga g e is fo r $ 2 ,5 0 0 ,0 0 0 . K \ltNTX0s.—F o r y e a r e n d in g .Juno 3 0 , 1 8 9 6 ,
II
St. Loaif R R .,'foreclosed J o s e 10, 1896.
A * to v o t in g
g r o s * ,$ 2 1 2 ,0 8 0 ; net,, $ 1 3 1 ,4 1 8 ; c h a r g e * ,$ l 2 ? ,9 4 3 ; h a ln n re. su rp lu s, f o r
m

* < see tm tg s plan V* 6 3, p . BO. T h e first e o » « o l hondrt out#taltd 1a c
•>
Ittstise o f b oth l# t« and Incom e# P enn. Go. fo r ft
on Lire,#, e tc .) m ay
hy M intrmmtf to $650,000, hxi .... / t o ta k e tip the fa rfe^ oa v illo
. ...
? n 'm m im n bond#. F or th Tear ending J an® 30,1896, gtniu*. $ 1 90,617;

% $48,827.—V, 0 , p. 779, 869, 9O0, 1087; 7. m , p, 80, 880.

T a m p a dr. i e r w # * i . —•Line, o f r o a d J a ck so n ;
Fla., to S an ford , 125 m il# # ; B nterprtae b ra n ch - 4 m ile#,
Lan.d: branch, 6 m ile s / A tla n tic C oast St Joh n # A Indian H ir e r ,

t-jerptlm t
o
37 mile#; SaaJfmrd 4 hake Hiwtls D ir., Sanford
travares, 29 miles; total J.T . k K. W „ 200 mile#.

BCisirKRamp,
B e e e lr e r a p p o in te d A n g . 4, 1 892.
R e ce iv e r
*1
€ 2 * ® ^ ®L iJnrtMsfc. T h e land tapratit w a s a b o u t 1 ,5 6 0 ,0 0 0 acres,

^ t o F lorid a Southern (me that twmpanyi. F o re c lo s u re sa le un d er
c *o!. rnonsja*e o f 1890 ha# been postponed till M ar 3. 1897; upset
p m $850,000.

1

Oonaols fo r o n ly $ ,3 7 6 3 0 0 a re r e c o g n is e d as valid
r a r e b een

JiMItSU P+w&irmm' QmnttwwA’t m , $215,00c
a noiized. C a m u t liabilities Jane 3 0 ,1 8 9 5 , $ 1 2 8 ,0 7 4 ,

1894 05

y e a r.
In
, g r i n ., $ 2 3 8 ,7 4 1 ; net, $ 1 4 9 ,1 3 2 ; c h a r g e s ,
$ 1 2 7 ,9 0 9 . P re s id e n t, E d w a rd 8. W a sh b u rn , K a n s a s C ity, M o.
K a n s a s C i t y C l i n t o n A - S p r i n g t l e l d .—O w n s from C edar J u n c ­
tion , K an., to A sh d r o v e , M o., 1 0 4 m iles, an d b ra n ch to P le a sa n t H ill,
M o., 1 0 m ile s ; tota l, 1 7 4 m iles, h u t o n ly 163 m iles o p e ra te d .
St o c k s , E t c .—S to c k issued, $ 1 ,7 7 5 ,4 0 0 (p a r $ 1 0 0 ), o n e -h a lf o w n e d
b y K ansas C ity F o rt S c o tt * M em phis B K , w h ic h g u a ra n te e s th e
b o n d s; d u e that c o m p a n y J u ly 1 ,1 8 9 8 . $ 4 2 3 ,0 0 0 .
A n n c a i . R e p o k t .— Fiscal y e a r e n d s J u n e 3 0. In 1 8 9 5 -0 , g r o s s
$ 4 0 3 ,9 1 5 ; n e t, $ 1 8 5 ,0 7 7 ; o t h e r in co m e , $ 1 6 5 ; ch a rg e s, $ 1 8 3 ,0 2 8 ; b a l
an re. su rp lu s, fo r y e a r. $ 2 ,2 1 1 .
In 1 89 4 -5 , g r o ss , $ 4 1 4 ,3 2 8 ; n e t
$ 1 9 0 ,0 1 7 .— <V. 5 9. p . 8 7 8 ; V. (11, p . 1 0 1 0 .)
K a u o iir C i t y F o r t s c o t I A n e m p l i t a m i . —O w ns m ain Hue fro m
| K ansas C ity , M o., to M em phis, Train.. 4 8 5 m iles, w ith bra n ch es, 2 2 3
1 m iles; tota l o w n e d , 70S m iles. C on trols th e C urrent R iv e r K B . (W illo w
I S p r in g s ,M o ,,to G r a n d ln ,8 2 m .),o w n in g $ 9 4 2 ,0 0 0 o f lt s $ l ,6 0 8 ,0 0 0 s to o k

70

INVESTORS’

SUPPLEMENT.

[VOL. L X IY .

A p r il , 1887.]

RAILROAD

STOCKS AND

BONDS

71

Subscribers will coaler a. great favor by giving Immediate notice of any error discovered In these Tables.
B o n d s —P r in c i­
IN T E R E S T O B D IV ID E N D S .
p a l,W h en D u e .
81L®’ o r | A m o u n t
R a te p e r W hen W h ere P a y a b le , a n d b y Stock#—L a s t
f o r e x p la n a tio n o ( c o io m n h ea d in gs, A c ., see notes; o l
of
C ent.
P a y a b le
W h om .
o n firet p a g e o f ta b les.
R oad . B on d s V alue. O utstanding:
D iv id e n d .

________ _____ r a i l r o a d s .------------- --------------- > MU6a; Date

S a m a* Oily Ft. SeoSt <t Mump A is—S to c k ......................
P referred s to c k co n tr a e te , 8 p e r c e n t ............... .
160
1 87 9
K, C. F. 8. A G. 1st SC.. I'd. gr.,s. f., d r'n a t 1 1 0 .o '
1 0-y ea r 6 p e r ce n t c o u p o n n o te s (ov er-d u e) —
Ft, a e o tt S o W t e r o i M-. 1st M -.d r 'w n a t 1 0 5 .e*
S hort C reek 4 J o p lin 1st M ., d ra w n a t 1 0 3 ....... e*
M em phis K . A C ol. 1st 31 (see t e x t ) .....................c
jv
Kansas A M issouri E E . 1st m o r tg a g e —
26
C onsol, m o rtg a g e ($ 2 5 ,0 0 0 p e r mile;, n o t d r 'n . . *; 7 0 8
C urrent R lv . K B . 1 st m art., $ 2 0 ,0 0 0 p. m ., gu ar.
81
Kan. a * i l . R ’ y & B ’d g o ls tM .g .,s .f.,d r ‘ n at H O . f
....
K ansas E qu ip . Co. 1st M . guar., a t , red, a t 1 1 0 .
----Kan. 0 . item p k . <e S i r .- G e n .M . .$ 4 .5 0 0 ,0 0 0 ,tsar.<F
....
taeom e, a on -ca m tU a tive, fT flO Q ,0 0 0 , tsar.........e ’
....
B irm ingham eq u ip m en t M .,g .,g u , (red. a t 1 1 0 )..e*
—
M em phis E qu ip m en t C o., gu a r., ted . at 1 1 0 ........ o*
—
K a m a * C ity i S o r t h e m C on n ectin g R K .~
1st m ortga ge, g o ld . $ 2 0 ,0 0 0 p er tu lle ......................
7 2 |T e x t .
2 d m o rtg a g e . In com e, g o ld , $ 1 5 ,0 0 0 p e r m i l e ----- :
72 I T e x t
1S94
K an. CU/t X o r U i c a t c r n - M o t t , gold . S ee t e x t , . o '
....
t 0 , d d m .— 1 st M. ($ 1 5 ,0 0 0 p . m .) f t : lo t . gtt.C**r. 104 1 1 6 8 7
Kansu* City <t F a eiflc—Bfif: M t-.-ot'K i K a s h a s A T m x a s ,
K a n . C. P u ts. * 0 u t f . ~ 1st m o rt., gold , In c. 4 y w .t r ; 6 4 6
K .C. S I Jo * C a tm .S i.-C o n .M . (A ds. 1 to 5 0 0 p L /C ' 2 4 8
1st M s. S o d . and T a rk . VaL E E s, *. f. id r.a t 100) .c*
62
F u n d in g n o t e s — ............... ................. ................
K a n . C ity S uburban S ett—S l o c k ............................
1st m o rtg a g e , gtsld........— ....................................
C onsol. T erm in a l B y . o f K . C ., 1st M „ g o ld ....... c*
G a lon T e r. B B .C o .U t M . ( $ 2 .0 0 0 d » 0 ) g. g o a r.o *
fDKBsas C!tv A I c d e p . A ir Line 1st M , g o ld . ,c,tr
f i l s M f O ily W alking d G u lf— 1st m ort.. g old ------ c*
_ 1 1
___
_ _■
■■

0

$100

$ 9 ,9 9 7 ,0 0 0
2 .7 5 0 .0 0 0
2 .1 9 7 .0 0 0
3 2 0 .0 0 0
5 7 1 .0 0 0
9 4 ,0 0 0
4 9 2 .0 0 0
3 9 0 .0 0 0
1 2 .8 7 9 .0 0 0
1 .6 0 0 .0 0 0
3 .0 0 0 .
7 6 1 .0 0 0
3 ,1 5 3 ,5 2 0
6 ,3 0 7 ,0 4 0

100

See t e x t
S ee t e x t
7
6
7
7
7
5

J. A D.
V a r io u s
M. A S.
1.000 i
M. & S.
! 1,000 !
51. A S.
; l.o o o \
F. A A .
1.000
M. A N
j 1,000
6
5
A. A O.
I 1,000 i
A. A O.
000
; 1,000 1
i 8- J. A J.
i 1,000 I
See te x t. M. A S.
500 A c.
5
Sept l
1500 A c..
M. A 8.
1.000. 000
! i,o o o
j 1,000
I 8’ j F. A A .
1 8 9 .0 0 0
100 Ao.

1 ,0 0 0 ;
1,000

1500 A c,
1 0 0 A c.
5

III
„ TO
See text.
2 .7 1 3 .0 0 0

5
5
S
5

Sg.
g.
g

|o1,000c.;; 1 6.1 6 7 .0 0 0
t o A
:

i,o o o
100

1,000
1,000
1.000
1.000
$* 4
1.000

B o sto n . O f., 5 0 S ta te St. F e b . 1 6 ,1 8 9 1
do
do
F eb . 1 5, 1 89 3
B o a t , N a t. W e b s te r B k, J u n e 1, 1 9 0 8
On d e m a n d .
do
do
Sept. 1, 1 9 1 0
do
do
S ept. 1, 1 9 1 0
do
do
Sept, 1 , 1 9 1 0
do
do
A u g. 1, 1 9 2 2
B oat., N a t W e b s te r B b. M a y 1 , 1 9 2 8
B o sto n , N at. U n io n B k . O ct. 1, 1 92 7
N .Y ., U n .T r . C o. A B est. O ct. 1, 1 92 9
B o s t , N a t.W e b ste r Bk. J an. 1, 1 90 5
B o s to n , O ld C ol. T r. Co. M ob. 1 , 1 9 3 4
M ob. 1 , 1 934
B o a to n .O ld C o l'n y T r.C o M oh. 1 , 1 90 3
B o s to n Office.
A u g. 1. 1 90 5

J. At J .
N. Y ., w h e n ea rn ed .
.
J. A
J u ly . '9 6 , c o u p o n paid.
J u ly , '9 3 . c o u p , la st pit.
J. A

A O.
5 g.
J. A J.
5 .0 0 0 .
000 7
7
!J. A IX
5 0 3 .0 0 0
4 8 0 .0 0 0
........
J. A J.
I 4 .7 5 0 .0 0 0 See t e x t ' . . . . .
6 g. J. A D.
1.000. 000
7 5 0 .0 0 0
5 g . F. A A .
1 1 .8 5 0 .0 0 0
5 g. IF. A A .
5 K M. A 8.
3 0 0 .0 0 0
14)6 7 ,4 0 0
5 g. J . A J
1 .6 0 8 .1 0 0
J . A D.

1927
1 92 7
J a n . 1, 1 933
J a n . 1, 1 92 7

1st c o u p . p a y . O et. 1, '9 7 A p r. 1,, 1 923
B o sto n . 2 d Nat-’l B an k. J a n . 1,, 1 907
do
do
J u n e 1,, 1 92 0
J a n ., 1 9 0 7
June 1 . 1894
P hlta., U n ion T ru st Co. J u n e 1,, 1 920
PhiUi. o f., 4 0 0 C hestn ut F eb . 1,, 1 92 2
do
do
F ob . 1,, 1 9 2 3
P hil.. P ro v . I ife A T ru st M oh , 1 , 1 92 2
J u ly ,'9 5 . co u p , last paid J a n . 1,, 1 930
D ec.. ’ 9 3 . co u p . la s t p d . J u n e 1,. 1 93 7

Owns one-half capital stock o f K. C. Clinton A Sprlugdeld and o f K. C.

p re fe rr e d ” as t o p rin c ip a l and Interest, a n d a re re d e e m a b le a f t e r 5
yea rs a t 1 0 5 ; p r o c e e d s w e r e used t o p a y p u rc h a s e p rice , e tc. B a l­
a n ce o f issu e f o r b e tte rm e n ts . C ar tru sts J o n e 3 0 ,1 8 9 5 , # 4 5 0 ,8 8 1.
C. F t Scott A Gulf and Kansas City Springnebl A Memphis railroads.
3 8 9 6 , # 3 0 1 , 5 97
mi 153 m ile s
D m b x . v o s .- O n < y e a r, 1 83 6 , 1 8 9 7 , 1 838, 1 9 3 9 , 1 89 0 , 1 8 9 1 , n on e
(K a n sa s C ity M B irm in gh a m n o t b e in g in clu d e d } g r o ss , $ 2 6 4 ,7 9 6 ; n e t ,
com m on s in c e '8 5 . t p
.
4,
4%
3% ,
3,
3% .
1, sin ce .
On preferred i year. 1881, 1882 to 1890. 1891, 1892, 1893. none # 2 7 ,2 8 8 ; o th e r in c o m e , $ 3 ,1 4 9 ; ch a r g e s , # 6 5 , 9 9 6 ; b a la n c e , d e f i c i t
' ,
since 1880,
) p. e.. 8>s.
8, yearly.
4,
8,
5, since. j $ 3 5 ,5 6 1 .
BORU&.—C onsols (trustee New England Trust Co. o f Boston) are
K i u n a s C i t y Sc O m a h a H i t , —O w n s S tr o n b u r g t o A lm a , N eb.
reserved to provide fo r all prior bonds when due.
| 150 m iles, an d MoOfecd J u n c tio n t o K . C. A O m a h a J u n c tio n , 4 4 m ile s
; L ST Bar*isos.—Including K. 0, C. A s. and Current River. From
jkSB
R s o r o a k t z t T io jf.—M essrs. C la rk , M in k , A n d e rs o n a n d C o u d e r t
IJuly 1 to Feb. 28. 8 month*:
I (r e c e iv e r s o f U n io n F a clile ) w e r e A p p o in te d s e p a r a te r e c e iv e r s in
; O c to b e r ,
, R e o rg a n U a tlo n C o m m it t e e : F . P . O lo o tt, A n t h o n y J.
g months— (trass.
Set.
Charged.
Sal., lurp
— ’ - - .......... '
- ----—
tin I T h o m a s. T h o m a s R. w lllta m % R. E lle r y .A n d erson , B . 0 . B e n e d ic t ,
$ 1 ,0 1 2 .0 9 2
1896-7... $3,094,546
#928,823
j fo ld o r W o rm s e r a n d 8 . h P a r r is h ; d e p o s it o r y . C e n tra l T r u s t C o .,
070*98®
020.144
5 9 ,8 4 5
,1 8 9 5 « ... 3.170,628
In yea? 8 ® 5 0 'g * » * * , $ 0 3 8 , 0 7 9 : net, $ 1 ,4 1 3 ,7 3 3 , l a 1 8 0 4 -9 5 g ross , i N. Y , T h e ro a d w m so ld in fo r c e lo s u r o J u ly 8* 1800, a n d p u r c h a s e d
I b y th e co m m itte e f o r $ 1 5 0 ,0 0 0 . T o m a k e the p u rc h a se a n d f o r r e p a ir s ,
M M %,1 8 3 ; act*. # 1 ,4 9 9 ,9 9 7 . V. 0 3 , p . 594.
U
I et©., t h e b o n d h o ld e rs w ere sm m mm l # 1 0 0 p e r b o n d . T h e K* C. Sc O m aha
| OorncAL FtkAjfff**.—Oa June 30, 189®, bllhi payable w ere #162,978. j Bmitumy has tween o rg a n lx e d , b u t c o m p le te re o r g a n is a tio n w ill b e de
Mem phis A B irm in gh a m R B -; a lso 3 0 0 shares K a n . C tty B e lt.
OteUNiXATKW.— F o rm e d la A p ril, 1 88 $ , b y c o n s o lid a tio n o f th e K an.

1895

The K. 0 . F. 8« < if.
&
notes for #320,000 w ere dm* la Dm.# '95,
and Jan. m d Feb., 'OO.
Ax x c a L U p ro a r.—FDcal year end© June 30. R eport fo r 1895-96
W m in V. 03., p. 1155. The earning* below are cm the road o w n e d :
: Tear end. June 30.
1896.
1895,
IfMHL
1893.
billet June 30..............
708
671
070
070
p r o 8 i« a r a la 9 i.......... #3,901,094 #3.985,635 #4,400,740 #5,11.1,132
4*1 ea rn in g * ...,......... #1,209,005 #1,191,489 #1,269,187 #1.308,217
la le r e ^ a iiT fotaxOl.. 1,147,139
1,099,278
1,125,841
1,104,000

ferred,—Y. 04, p. 507.

j STOdk. SMt> B osrns,—T h e U n io n P a ciflc o w n s f 1 ,5 9 5 ,5 0 0 b o n d s (u n d e r
I If# 0 p . e. c o lla te r a l tru s t o f 1 8 9 1 a n d 1 1 ,7 2 5 ,3 7 5 o f th e $ 4 ,4 1 0 ,0 0 0
j s to c k i p t r # 10 0 ) and St. J o se p h Ss O ra u d is la n d o w n * $ 1 ,8 2 2 ,5 0 0 s to c k ,
I O o u im m d u e J a n . 1 , 1 8 9 4 , w e r e n o t p a id .
| _ EAK»itc«)«.—Since Ufov. 1, 1896, o p e r a t e d In d e p e n d e n tly by 8t. J. Sc
1 (*r, f Aland tin d e r o p e r a t in g a g re e m e n t, a n d fr o m N ov. I, *90 t o F o b ,
| 3§» *WTt 4 m on th s, gpmm w m a b o u t # 7 3 ,0 0 0 , n e t a b o u t $ 3 1 ,0 0 0 , e x o lu d ia g ta x e s o f a b o u t $ 2 ,7 0 0 a m o n t h .—V. 0 4 , p , 5 0 7 .
F o r 8 m o n th s,
< 1 8 9 0 . * . . . . . . . . . . . . . g ro ss , $ 0 3 ,1 3 4 ; d e f,. # 3 ,0 9 3
S u rp lu s ................. ..
# 6 2 ,5 5 0
# 9 2 ,2 1 1
# 1 4 3 ,3 4 0
# 20 3 ,6 1 1 )
Deftcite p a id on C u rren t H ir e r R R . a n d K a n «a e C ity C lin ton it Hprtntf • | J an . 1 to A u g . 3 1. ( 1 8 9 5 . . . . . , . . , ........... g r o ss . 4 2 ,8 2 2 ; d o t , 2 0 ,8 4 7
1 F o r y e a r 1 80 5 upro*#, $ 7 5 ,4 1 5 ; d e fie lt u n d e r o p e r a t in g $ 2 8 ,3 7 0 . I n
eld R R . In 1892-9:1 # 53*590, in 1893-91 # 7 5 ,1 1 3 . |V, 5 0 , p. 8 7 7 ; 7 .
: i 8 0 4 . g r o ss , $ 1 1 2 ,0 4 9 ; d e f., # 2 4 ,7 0 7 . ( 7 .6 3 , p. 7 0 ,5 0 4 ; V, 0 1 , p . 587 . )
0, p, 301 ; V .0 1 , p. 2 7, 2 7 9 , 9 0 K ; V. 0 3 , p . 1 5 4 . 5 0 4. 1 1 5S .J

1

fC a n a a -a C i t y P l i t u b i i r f Sc <• u 1f
M a p .>— P ro je e te d
K .»n *d * C ity t ln t n p l il a A H I r t t i i i i s h a m H i t . —Own^ from
(em pbU to B lrm in ^ b a m , A la ,, 2,83 m ile*, and b ra n ch ** to A b erd een , 1 fro m K a n sa s C ity to S ab in e T eas on U u lf o f M e x ic o , 7 6 9 m ile s.
| In o p e ra tio n M a rch 3 , 1 8 9 7 , K a n sa s C ity to S h r e v e p o r t, 5 0 9 m iles,
'turn., and Beaaem er, A la ., 2 3 m t i o i ; to ta l, 2 7 7 m ile*,
i Stock , T i u m c G ca k a . t t , Etc .—T he m ock u #5.970,000; par, #100. i an d B e a u m o n t t o P o r t A rth u r. 19 m iles. T h e re m a in d e r o f th e line,
t

|Shreveport to Beaum ont and Sabin** Pass, about 200 mile#*, w ill bo

1
1

| c o m p le te d a b o u t J utie l , 1 8 9 7 , A rra u g o m e is w ith M a llo r y L in e o f
i ttfoam sblpa as re p o rte d in A p r il, 1 8 0 7 , s e c u r in g c o n n e c t io n b e tw e e n
l K a n sa s C ity a n d N e w T u r k v ia the G u lf o f M e x ico .™ V . 6 4 , p . 7 5 4 .
! CoKSTROCTtox O ow P A sriks.™ A rkansas C o n s tru ctio n C o. (c a p ita l)
) $ 5 ,5 0 0 ,0 0 0 a n th ortsedi h a s c o n tr a c t f o r c o n s t r u c tio n to Shrove**
I p o rt. L a., fro m wheat*# the K . C, S h re v e p o rt A- G u lf (ch a r te re d in
S ep t., 1004,1 w ill b u ild t o S abine F u ss o n G u lf o f M e x ic o ,’ w h e re d e p th
j o f w a te r is 2 4 fe e t. V . 0 3 , p . 3 5 7 . T h e K a n sa s C ity T e rm in a l C on
j# month*.
Oroa*.
AVI.
Charges.
Balance I »hructtoa C o. w a s o t f i o h m in 1 8 9 5 t o b u ild the K . O. S h r e v e p o r t 4
m - 7 ......... ..................# 8 7 5 , 7 4 8
# 2 0 4 ,5 2 8
#125350
#138,9 70 f G u lf. O ofifttructlon a tb ek, $.3 ,0 0 0,00 0 ; p a r, $ 1 0 0 , T h e c o n u tru ctio n c o m N M ........................... 8 6 0 ,8 5 5
1 0 2 ,1 5 7
1 0 9 .92 2
8 2 ,2 3 5 | p a n ics g e t # 2 5 ,0 0 0 p e r m ile o f b o n d s a n d a like a m o u n t o f s to c k o f th e
AlSfOA b R k t *>r t .—EarnlB ga fo r yea r* en d In # d u n e 3 0 , tow i been s f m llr o a d c o m p a n y , a n d k i t e In terest In to w n nit-es a n d aubsldiee.
?
■Tear.
Cross.
If si.
Other I nr.
InU m t. M ai., $ u r. j S t o c k .—K . 0 , P. A G u lf s to ck a u th o ris e d (# 2 0 ,0 0 0 ,0 0 0 ), $ 2 5 ,0 0 0 p e r
^ 9 5 0 . , # 1 4 -8 9 ,0 5 1
# 2 2 3 ,7 0 1
# 2 5 ,7 4 9
# 1 7 6 ,9 * 4 3
# 7 2 ,5 4 5 j milm p a r # 1 0 0 ; o u ts ta n d in g ha A p r il, 1 89 7 , # 1 7 ,4 9 9 ,0 0 0 .
94*5...... 1,035.01X5
1 63 ,02 7
2 4 ,6 0 0
145 ,31 4
4 2 .3 7 3 [ Rojct>s.-~Firat m o rtg a g e g o ld b o n d * a t # 2 5 .0 0 0 p e r m ile o f m ai n tra ck
V. 61, p. 9 2 M V. 0 3 . p. 154. 5 0 4 , 1 1.50.)
i
J w e re a u th o ris e d m A p r il, 1 9 9 3 , In terest o n w h ich u n til A p ril, 1 897
Kan*** City A Aiorthern Connecting* it I t /.See Map.h— { w ill he p a y a b le o n l y If ea rn e d , b u t o n .A pril, 1 89 5 c o u p o n ,$ 1 0 w as p a id ,
»*ler eonat r u ctio n Fat ton* b u n ;, M o., t o K an*a* C7ty, M o., 7 2 m ile* 1 M o rtg a g e c o v e r s e q u ip m e n t. Miwmtirl K a n sa s A T e x a s Trust- C o ,, o f
ic K. a & A tla n t ic , tferth K . C. t o S m ith v ille, 2 0 m ile*, wa* pur- ! Kansas* City* M o., a n d th e S ta te T ru st C o ., o f N, Y ., tru s te e s, F h ila d e l.Me*! In J a n u a ry , 1 89 7 , an d w ill fo rm p a rt o f th e m ain tine.
| p h la S t o c k E x c h a n g e re p o rts $ 1 6 ,1 0 7 ,0 0 0 firsts listed t o A p r i l, 1897.
$M3tM£TtOIT.—Thi § r rati la mmM
tb* ■Kmmm- 04ty Suburban I E A inri?c««.~-J*ii, 1 t o M a r. 3 1 , 3 m o n th s, g r o - - $ 3 5 7 ,3 1 5 in 1 8 9 7
whoee e x t e
d ll «,*€• a t K a a e a a C ity . a g a in st f 1 5 1 .50 1 in 1 896.
F o r y e a r e n d in g D e c. 3 1 , 1 8 9 0 , groa
tKH99pleted it w ill be operated in eh *m onnneetion with m e 1 e a rn liig s w e re $ 8 0 9 ,0 2 1 ; 1 8 9 5 , g r o s s e a rn in g s. $ 5 3 2 ,3 3 5 . P res m e n
.
m O ily fH ttebanr 4s H a lf i**«e jh» p fo r that com pan y), fennitur ' A p ril. 1897) A . E . S tllw e ll, K . Y . ofllee, 3 6 W all St. (V . 6 4 . p . 7 5 4 .
Itt'b ! She mbw through route to the d u ll
M e x ic o .
pieO®a&a M St, Louis (145 mflea) and Qal'ney Oamhm A K. O. (135 1 K a n s a s C ity M , J n s c p ii Sc C o u n c i l III t iffs .—(Sec M ap
will 4>e connected by a line from Trenton to E*aUon*bttrK (Omaha C hica go B u rlin g to n & Q u 4 n m .}—0 w n » fro m K a n s a s C ity to C o u n cil
& JBMefK R yd, 30 mttm, and later, wh#n to e three road* ahalt j Bluffs, 193 m iles, b ra n ch e s 5 * m iles .p r o p r ie t a r y lin es (N o d a w a y V a lre shown their capacity for tw o y e a r * to e a m 5 per cent on flr*t I le y and T u r k ic "Valley m ttre a d s ), 0 2 m ile s ; t o ta l 3 1 0 m ile s ;
i® #b ad i at #20*000 per mile, w ill fee consolidated with the le a se d to o th e r co m p a n ie s. 7 m iles; le a v in g t o ta l o p e ra te d , 3 0 9
C3tjr CftBatettof RE., m aking a eyatem. the Omaha K. C, & | m iles. T he ca p ita l s to c k (in e tn d fo g N o d a w a y A T a r k lc V a lle y ) D e c .
I 3 1 , 1S05» $ 5 ,9 8 8 ,5 7 4 . S to c k f o r $ 5 ,2 6 3 ,2 0 3 w a s p u rch a se d b y th e
i & y „ afgregaiiruc 382 miles.—'V, 02, p. 1177.
ica g B u rlin ton A Q in cy in 1
ro
Is o p e ra te
r
J T O » n * e .~ 8 W e k authorised. #3,000,000, at #35,000 per m ile, of / Cfhthat osystem . gC on sols,uN os. 1 t o 88 0 ,, and th eclua d e , h a v e a pd as p a nt
jo
5 0 0 both in
s iv
rio r lie ,
'fo b #20,000 iaanefl at r»re*ent.
j S ee desert p rio n o f m o r tg a g e in O c to b e r , 1 89 6 , Sd t p l e m s x t , p a g e 1.
Tieboisd# w.ere- offered, for stfbserlptfon in June, 1890, and are to
*-4_of J »o - 1,1*^97. Full parlic-wiars re^ardiDy them were la ! D irri)R ki»$.—l a 1893, D e c ., 8*65 p. c.; 1 8 9 4 , D e c., 8 p. e .; f o r 1 8 9 5
' “ n Jfe 1177. l a f e f , when the eoasolidation above referred to take^ i (d e cla re d In Feb.* 1 8 9 6 ), o n $ 5 * 2 0 3 ,2 0 0 o f sta ck , 4*89 p. c.
Fee, the bond*, and r1*o the *tock, it I* provided, may be exchanged,
EAUtfrsas.— In y e a r e n d in g D ec. 3 1 ,1 8 9 5 , g ro ss e a rn in g s w ere $ 1 ,©iar fo r dollar, fo r first m ort^a«e bonds and stock respectively o f the I 8 5 0 ,2 3 7 ; n e t, $ 7 1 7 ,0 0 7 ; o t h e r In com e, $ 1 7 ,5 9 5 ; Interest- an d re n ta ls,
^lsolidated com pany. Pres., A. E. Stllwell.—V. 03, p. 190; V. 04, p. 134. $ 4 5 5 ,7 8 2 ; d iv id e n d s , $ 2 5 7 ,3 7 0 ; b a la n ce , s u rp lu s f o r y e a r, $ 2 1 ,4 5 0 .
C i t y N o r t l i w r s t c r t i H K . — R oa d K ansas C ity t o VirK s t in s h C i t y S o b u r h a n
B e i t . —(B ee Ma p .)—R o a d —E x tenda
•
1 0 2 m iles, o f w h ich S en e ca to A x te ll, 11 m ile*, and S outh j from S
nd
a
sa s ity , v ia
E ast
yorili t o tmmy e n w orth , 1 m ile, a re tra ck a g e , and 2 0 m ile s , | B o tto me coa n d S treetvan d yB ro a d we yBa rou n d K a nru shC C reek, pth e id in g
s
th e a lle o f th
lu e and B
rov
eld te V irginia, w a s fo r m e r ly th e K a n sa s ( ’1ty Se B ea trice. } term in al fa cilitie s f o r th e ra ilro a d s ce n te rin g a t K a n sa s C ity , an d
» 12 miles* Total, 174 mile#.. A reorKaiilratfon o f the K.
j furnishes q u irk tra n s it fro m th e m a n u fa ctu rin g s u b u rb s a lo n g the
bite 4 S . W , , foTeelneed Jan. 5, 1804. Stock, f p 0 0 f000 (p a r ! B lue V a lle y , B y c o n n e ctio n w ith U n ion T e rm in a l R R ,, in K a n sa s C ity,
. controlled in Interest o f MI#wonri P aelflo B y .—V. 5 2, p , 152.
j K ansas, this roa d a lso re a ch e s the W est B o tto m s b y a s y s te m o f v ia «»VD*.~MorWaa
je fo r # 3 ,5 0 0 .0 0 0 (M ern a otile T ru s t O o.. N. Y .. i d u cts, an d here m ak es d ir e c t c o n n e ctio n w ith e v e r y ro a d en te rin g
^*ue*l fn J u ly , 1891. O f th e b o n d s, # 9 0 0 ,0 0 0 a re s erle* #4A ,” 1 K ansas C ity fro m n o r th w e s t, w e s t and sou th w est.
affie gu aran tee o f 1 0 p er neat o f *rro*a ea rn in g * derive*! from buxine**
» and from tbbi roa d . Co b e a p p lie d to Interest. In 1 89 4 th e c o m p a n y
mr e o r ia n lr e d u n d er p la n o f D e c e m b e r, 1 8 9 3 .—(8 c e V. 5 7 , p. 9 3 8 .)
Roiroa.—T h e ge n era l m o r t < a f o bon*l« a re d a ted M a rch 1, 1 891, w ith
tercet a t 2 p. 0. In 1 8 9 4 -5 ; 3 p. e. 2d y e a r < 1 8 9 5 6 ); a n d 4 p . « . there*
te r; 8 e p t . ,l 8 9 5 , a m i M ar,, 1 80 0 , co u p o n * w ere e a ch m p. c.
lA'TRiT
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72

SUPPLEMENT.

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INVESTORS’

74

SUPPLEMENT.

[V ol . L X IV ,

Subscribers will confer a great favor by giving Immediate notice o f any error discovered in these Tables.

RAILROADS.
on first page o f tables.

Bonds—1 1 1 0 *111
INTEREST OR DIVIDENDS.
Miles Date Size, or
p a l,W h en D n e.
A m ount
Par
of
of
0 utstandlng|R ^ nPer|p^ S “ A “
Payable, and by Stocks—Lout
Road. Bonds Value.
Payable
Whom.
D iv id e n d .

K entucky & Indiana Bridge—Reo’rs’ certs.$100,000 ....
1st mortgage, gold.....................................................
2d m ortgage, g o ld ..................................... >
...............
Terminal m ortgage, gold..........................................
2
New Albany Belt & Term. RR. 1st M. end., gold.
,
Keokuk d D ei Mo.—Preferred stock, 8 per c e n t ----- 162
1 162
1st m ortgage, interest guar. C. R. I. & P ..............or
148
Keokuk <t Western—Common stook...........................
M ortgage notes o f 1886, ’ 91 and '9 5 ....................
Kewaunee Green Bay d Western—1st m ortgage...0i
Kingston d Pembroke—1st M .,gold,(redem . at 105). 113
Knoxville Climb. Gap & L .—1st M., $1 ,5 0 0 ,0 0 0 .....
66
Knorv. d Ohio— 1st m ort., gold, guar, by rent. o'.tr
l a k e B r ie .1 W estern —Com. stock, $20,000 p. m. 725
P ref. stook, 6 per cent (not cum.) ($20,000 p. m .). 725
1st mortgage, ($10,000 per mile) g old ............... o* 725
2d mort., for $3,625,000 ($5,000 per mile) g old.e 725
L a k e S h ore ,9 M ic h ig a n S o u th ern —S to ck ........
Guar. 10 per cent stock (Mich. So. & No. I n d .). . .
88
Buffalo A- Erie ls t n i. (B uffalo,N .Y .,toE rie,Pa.).c
Lake Shore dlv. bonds (Buffalo to Toledo, 0 .)— c 258
Consol. 1st mort.sink.fim d $250,000 yearly .c&r 859
859
Consol. 2d m ort. (for $25,000,060), d o .......
New m ortgage, $50,000,000, g o ld ................
62
Detroit M onroe & Toledo 1st m ortgage, g u a r...c
37
Kalamazo & White Pigeon 1st m ort., guar..........c
41
Bat. Cr. & Stur. 1st M., g., guar. p. A 1. (see M.Cen.)
29
Sturgis Goshen & St. L. 1st m ort., g., p. A i. guar.
58
Kal. A llegan & Gr. Rapids stock, rental guar.......
58
1st mortgage, guaranteed.................................... c
51
J a m estow n * Frank. IstM . (L .S.ow ns$269,000).c
26
Erie & Kalamazoo (leased) st’k, Toledo to Adrian
IT Interest on registered bonds is paya ble Q.

$75,000

1894
1881
1889
1886
1890

1, 000,000 |

100
1878 100 &c.
100
—

1891
1882
1897
1885
1887
1891
1868
1869
1870
1873
1897
1876
1890
1889
1889
1888
1863

1,000
1,000
i,6 o o
100
100
1,000
1,000
100
100
500 &c.
1,000
1,000
1,000
1,000
1,000
1,000
100
1,000
1,000

- J . ; o n coupo

O rgan ization .—In 1892 consolidated with the Consol. Term inal R y
Co., and in January, 18 93,bou ghtth eentire capital stock o f the Kansas
City & Independence A ir L ine Company. (V. 55, p. 995.) A lso ow n s all
bu t six shares o f the $2,000,000 stock o f Union Term inal R y. Belt
capital stock Is $4,750,000, all o f w hich has been Issued.
Dividend o f 2 per cent in stock was paid Nov. 1 ,1 8 9 3 , and 2 p. c. in
stook in May, 1894. Trustee o f the Suburban B elt m ortgage is the Mis­
souri Kansas & T exas Trust Co., o f Kansas City.
Tile K. C. * Ind. A ir Line 2ds o f 1893 have all been paid off and
m ortgage is to be canceled. Of the $1,550,000 U n.Term . Is t 5 s o f 1893
issued, $250,000 are held In treasury o f K. C. Suburban Belt.
E arnings .—J an. 1 to Maroh 31 (3 m onths), gross, $83,587 in 1897,
against $63,607 in 1896. Year ending D ec. 3 1 ,1 8 9 6 , gross, $340,560;
in 1895, gross, $277,769. N. Y. office, 36 Wall St.—(V. 62, p. 1177.)
Kansas Mill land R y . —R oad from W ichita to Ellsw orth, K an.,
107 miles. R oad opened in 1887. Leased in 1888 to old St. L ouis &
San F rancisco, bu t a receiver w as appointed fo r Kansas Midland in
August, 1896. Capital stook, $3,004,200. First m ortgage bonds, $1,60 8.00 0; incom e 6 p er cen t bonds (at $10,000 per m ile), $1,072,000.
Trustee 1st m ortgage, M ercantile Trust Co., N. Y . St. Louis & San
F rancisco ow ns $2,026,850 o f the stocks and $688,000 incom es.
Kentucky Sc Indiana Rrldge.—
Owns steel cantilever bridge
over the Ohio R iver at L ouisville and 5 miles o f railroad between
Louisville, K y., and New Albany, Ind.. and 5 miles o f belt line in
Lo lis v ib e ; alBO operates New A lbany B elt & Term inal R R ., 2 miles,
and owns Louis. & New A lban y F erry Co. and N. A lbany Street Car Co.
R eceiversh ip .—Defaulted on coupons Sept., 1893. See V. 57, p. 510,
596. John M acLeod. F. W. T ra cy and S. M. Felton are receivers.
The Balt. & Ohio S. W., the Southern R ailw ay and Louisville N ew A l­
bany & Chioago have acquired a block o f the second m ortgage and ter­
minal bonds for the purpose o f controllin g the property. See V. 62, p.
10 87; V. 63, p.yoo, 601. F oreclosure sale has been o rdered ; upset
p rice $700,000, subject to first m ortgage o f $1,000,000.—V. 64, p. 82.
S ecu rities .—Capital stock $1,700,000 (par $100). City o f New A l­
bany, Ind., guarantees $250,000 o f 1st m ortgage bonds.
I n terest P aym e nts .—First m ortgage interest due Mar. 11, 1896,
w as paid in Ju ly, 1896, at Louisville Trust Co. o f Louisville, Ky.
E arnings .—F or year ending June 30, 1896, gross, $2 25,0 10; net
$83,393; charges, $113,810; balance, def., $30,417. In 1894-5, gross,
$2 07,5 46; net, $71,723. (V. 64, p. 82.)
Keokuk Sc Res Moines.—
Owns from Keokuk, la ., to Des Moines,
la., 162 miles. Leased for 45 years from O ctober 1,1878, to the Chicago
R ock Island < Pacific R ailway, the lessee to pay 25 per cent o f the
fc
gross earnings, but guarantees the interest (not the principal) on the
bonds. The stock is $1,524,600 8 p e rc e n t preferred and $2,600,400
com m on (par o f each $100), a m ajority o f which is held by the lessee.
Paid dividends on preferred in May, 1893, o f $2 40 p er share; in 1894,
M arch, 95 cents per share; in 1895, Jan., 90 cents per share; in 1896,
none. Fiscal year ends Sept. 30. Rental in 1892-93, $151,700; in
1893-94, $1 51,6 24; in 1894-95, $137,500; In 1895-96, $139,521.
Keokuk Sc Western RR.— lexandria, Mo., to Van Wert, la., 143
A
miles; operates to K eokuk, 5 m. Organized m 1886 after foreclosure.
In 1895 the entire capital stock and bonds o f the Des M oines &
Kansas City, extending from Des Moines, la ., to Cainesville, M o.. 112
m iles narrow-gauge, w ere purchased; A plan to pay fo r same is to be
submitted.—(V. 61, p. 1064; V. 62, p. 680.)
Dividends —In 1 8 8 8 ,1 per cent; In 1891, 2 ; in 1892, 2 p. c.; In 1893,
2 p. c.; in 1894, 2 p. o.; in 1895,2; in 1896, 2 p. o.; in 1897, April, 1 p. c.
E arnings —1 m onth, J 18 97........................Gross, $27,193; net, $7,700
Jan. 1 to Jan. 31.
f 1 8 96....................... Gross, 36 ,166 ; net, 16,302
A nnual R epo r t .—I n 1896, gross, $393,143. R eport fo r 1895 was
in V. 62, p. 680, showing gross, $380,624; net, $125,435; interest on
notes, $19,275; construction and equipm ent,$13,269; dividends (2 p c )
$80,000; balance, surplus, $12,891. In 1894, gross, $363,548: net, $98,919. F. T. Hughes, President, K eokuk, Iowa. (V. 63, p. 879.)
Knoxville Cumberland Gap Sc Louisville Ry.—K noxville,
Tenn., with tunnel at Cumberland Gap, to L. & N. at Middlesboro, 75 m iles; branches, 7 miles. P art o f road (K noxville to Cumb.
Gap, 70 miles) was purchased by the Southern Ry. and part b y L ouis­
v ille & Nashville in A pril, 1896. A m ortgage for $1,500,000 was exe­
cuted in March, 1897. V. 62, p. 683 ; V. 63, p. j6 f.
Knoxville Sc Oklo.—
Owns from K n oxville, Tenn., to Jellico,
Tenn., and branch, 69 miles Operated b y Southern R ailway, which
ow ns control o f the stock as part o f its system. Stock is $1,122,200par, $100. Southern R ailway owns $767,000 o f the stock pledged
under its consolidated m ortgage o f 1894. E arnings .—Y ear ending
June 30, 1896, gross, $496,126; net, $224,863; interest, $120 000
balance, surplus, $104,863. In 1894-95, gross, $464,665; net, $143,389
interest, $120,000.
Lake Erie Sc Western Railroad.—
(Sec Map).—Owns from San­
dusky, O., to Peoria,111., 420 m iles, and branch to Minster, 10 milesIndianapolis to M ichigan City, 162 miles; F ort W ayne to C onnersville
and branch to Rushville, 133 miles; total owned, 725 miles, o f which
691 steel; leased from Oct. 1 ,1 8 9 5 , the Northern Ohio R R ., A kron to
D elphos, 167 m iles; total operated; 892 miles.
H isto ry , E tc .—Com pany form ed in 1887 after foreclosure o f the

600,000
400.000
300.000
1,524,600
2,750,000
4,000,000
275.000
378.000
572.000

5 gi g|
6 g.
[See text.
5
1 2
I
6
5
I
6

i

M. & S.
A. & O.
J. & D.
J. * D.
See text
A. & O.
A. & O,

Mar. ’ 96, pd. Ju ly 1, ’ 96
Apr., ’93, coup, last pd.
June,’ 93,coup, last paid
June,’93,coup. last paid
N Y „ Office, 13 Wm. St.
do
do
N. Y ., Cuyler, M. & Co.

Mar., 1911
A pril, 1919
Dec., 1916
June 1, 1920
Jan. 15,189 5
Oct. 1, 1923
Apr. 1, ’ 97 ,1%
Option o f Co.
J. & D. Jos W alker's Sons.N. Y. June 1, 1921
J. & J.
In default.
Jan. 1, 1912

2 , 000,000
6 g. .J & J. N.Y., J. P. M organ & Co.
11.840.000
-F. 15 N .Y. Office, 80 Br’dway.
11.840.000 See text.
7.250.000
& J. N. Y., Chase Nat. Bank.
? g
& J.
2.600.000
do
do
5 g-'
& A. N.Y.,Grand Cent. Stat'n
49,466,500 See text.
533,500 10 per an
& A.
do
do
7
2.705.000
& O.
7
1.355.000
* o.
14.440.000
7
IT
& D. Coupons payable by
24.692.000
7
Treasurer at Gr’ d
3*2 g.
Central Station,
& A.
7
924.000
N. Y .
& J.
400.000
5 g& D. R egistered interest
79,000
3 g.
payable b y Union
& D.
322.000
3 g.
Trust Company.
610.000
& O.
5-95
& J.
5
840.000
& J.
298.000
7
300.000 10 p. an.
& A. N. Y ., Gr. Cent. Station.
n bonds J. &

July 1, 1925
M a y l5 ,’97 ,li4
Jan. 1, 1937
July 1, 1941
Feb. 1, ’97,3%
Feb. 1, '97, 5%
Apr. 1, 1898
Apr. 1, 1899
Ju ly 1, 1900
Dec. 1, 1903
1997
Aug. 1, 1906
Jan. 1, 1940
D ec. 1, 1989
Dec. 1, 1989
A pril, 1897
July 1, 1938
Var. to J ’ly,’97
Feb., ’ 97, 5%

Lake Erie &W estern Railway. In Maroh, 1887, purchased Indianapolis
Peru & Chicago, 162 miles, and in June, 1890, acquired F ort Wayne
Cin. & Louisville. (See V. 50, p. 590.) Northern Ohio was leased
Oct. 1, 1895. See V. 62, p. 826. The term inals at Indianapolis,
Peoria, F ort W ayne and New Castle are operated partly under lease.
The com pany lets about 88 m iles o f trackage and term inal rights, re­
ceiving about $57,000 yearly.
In Septem ber. 1895, purchased the
stock o f the Northern O h io—which see.
D iv id e n ds s in c e ’915 Y e a r .1892. 1893. 1894. 1895. 1896.
1897.
on preferred.— ( P . ot.. 4%
5
5
5
5
below .
In 1897, Feb., 1 p. c.; M ay, ’ A p. c.
.
B onds .—A bstract o f first m ortgage (Central Trust Com pany and A. L.
Mason, trustees). In V. 46, p. 45; o f 2d m ortgage (Cent. Trust Co. o f N. Y.
and Robt. C. Bell of Ind., trustees), In V. 54, p. 444. Guarantees $2,500,000 Northern Ohio 5s—see that com pany. Second m ortgage bonds
fo r $500,000 w ere sold in Sept., 1896, for air brakes, couplers, etc.
L ate st E arnings .—January 1 to February 28 (2 m onths):
2 months—
Gross.
Net.
F ixed charges. Bat., surp.
1897.......................... $521,279
$224,631
$120,091
$104,540
1896..........................
563,929
249,339
115,943
133,396
A n n ual R epo rt .—F iscal y ear ends Dec. 31. A nnual m eeting is held
at Peoria on first W ednesday in October. A nnual report for 1895 was
given at length in V. 62, p. 818, 826. See editorial p. 802. The traffio
is w ell distributed, only 6 per cent in 1895 being from coal. Average
rate p er ton per mile in 1895 was 0-661 cent against 0-704 cent in 1893.
Figures fo r 1896 b6low are In advance o f the fu ll report.
Tear end. Dec. 31.
1896.
1895.
1894.
1893.
Gross earnings.......... $3,344,274 $3,519,104
$3,345,403 $3,512,620
Set earnings.... $1,427,015
$1,602,960 $1,479,552 $1,463,877
R atio op.exp. to earn.
(57-33)
(54-45)
(55-77)
(58-33)
Interest on bonds___
471,708
467,500
455.333
444,972
Taxes and rentals___
228,917
234,285
227,649
205,498
Dividends.................... (5) 592,000 (5) 592,000 (5) 592,000 (5)592,000
Balance, surplus. $134,389
$309,175
$204,569 $221,407
Betterm ents.................................
.........
$143,593
$207,016
Calvin S. B rice, N. Y ., President.— (V. 62, p. 186, 3 6 0 , 802, 8 1 8 ,
8 2 6 ; V. 63, p. 554, 559; V. 64, p. 371.)
Lake Shore Sc Michigan Southern Railwa y . —fSee Map
N. F. C entral.)—O perates from Buffalo to Chicago w ith branches. The
system, well shown on the m ap, is m ade up as below. The m ain line
(540 miles) includes 26 miles betw een Toledo and Adrian, M ich., under
lease from the Erie & K alam azoo.
Road owned directly.
Miles.
L eased, [Usee this Co..]
Miles.
Buffalo, N. Y., to Chicago, U 1..540 Kalam azoo A. & G. R ............
59
Sundry branches.........................319 Jam estow n & F ra n k lin ................... 51
Fntit'e stock owned.
M ahoning Coal R R .................
50
D e t r o it * C hicago...................... 62 Erie & Kalam azoo (26 m .)___ Text.
D etroit M onroe & T oled o......... 62 D etroit H illsdale & S. W . .. IT 65
Kalamazoo & White P ig e o n ... 37 F ort W ayne & J a ck s o n ....... 98
Northern Central M ichigan___ 61
Sturgis G. & St. L ........................ 36
Grand tot. oper. Jan. 1,'9 6 .1 ,4 4 0
A lso owns 8 miles, Silver Creek to Dunkirk, leased to N. Y. C. & St. L.
Of the m ain line 490 m iles has double track. B y control o f -' Niokel
Plate” the Lake Shore has still another line from Buffalo to Chicago.
O rgan ization , &c.—A consolidation on Aug. 1 6,1869. The N .Y. Ch. &
St. Louis (Nickel Plate) road has been controlled by ownership of
stock since 1882, Lake Shore n ow ow ning $6,240,000 o f its common,
$6,275,000 o f its 2d preferred and $2,503,000 o f its 1st preferred stock.
The com pany also controls and leases the M ahoning Coal RR. [see Lake
Shore ’ ’ S ystem ” below [ and owns (besides the entire stock o f the pro­
prietary lines) $2,675,696 Pittsburg & Lake Erie stock. A Vanderbilt
road having a large business greatly dependent on traffic from com­
petitive points.
Ca p it a l Stock .—The stook has rem ained at $50,000,000 since
1871. The guaranteed stock o f $533,500 carries 10 p er cent dividends
D iv id e n ds .—Sin c e ) 1888. ’ 89. ’ 90. ’91. ’ 92. ’93 to F e b .,’97 (inol.)i
1887.
P. Cfc$ 4
5
5
6*2 6*2
6 yearly (3 F. & A.)
B onds .— Interest on the consol, first m ort. is paid on coupon bondi
J. & J., on registered bonds Q.—J. The first consol, or the bonds prior
thereto are redeemed each year by $250,000 contributed to the sinkinf
fund. The bonds outstanding are given above less the am ounts held ir
the sinking funds, w hich am ounted to $6,250,000 D ec. 3 1 ,1 8 9 5 .
The consol, m ortgage o f 1897 (U niled 8tates Trust Co.. N. Y., ant
John T. D ye o f Indianapolis, Ind., trustees,) is fo r $50,000,000 of 3 i
p er cent gold bonds, tax free, authorized to retire the several issues o
7s m aturing from 1898 to 1903. The m ortgage w ill cov er practicali)
860 miles o f m ain line and branches - a considerable portion boim
double t r a c k e d -a n d about 220 m iles o f leased iines.—V. 64, p. 447
469, 610, 707.
G u aran ties .— In addition to securities in table above, compan;
uarantees b y endorsem ent on each bond $1,000,000 Cincinnati i
pringfleld 1st 7s, d escribed under Cl. Cin. Ch. & St. Louis. See alS'1
Detroit Hillsdale & S. W. and F ort W ayne & Jackson.
The refunding o f the first 7s as o f A pril 1, 1897. into new 3 is pe:
cent consols w ould effeot a saving in interest charges under the term
offered o f about $1,300,000 a year. V. 64, p. 469, 610, 707.

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76

INVESTORS’

SUPPLEMENT.

|Vol. LX1V.

Subscribers will con ter a great favor by giving Immediate notice o f any error discovered in these Tables.

Bonds—P rln of
INTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal, When Due,
A m ount
Par
of
When
of
F or explanation o f colum n headings, A c., see notes
Outstanding Rate per Payable Where Payable, and by Slocks—Last
Road. Bonds Value.
Cent.
on first page o f tables.
Whom.
Dividend.
$50
Lake Shore System—Mahoning Coal RR.—Stock___
43
43
50
Preferred stock, guaranteed 5 p. o. See t e x t.......
1,000
43 1884
1st M „ Youngs, to And., etc., guar. p .A i.(en d )...e
1,000
1882
46
L e a r . Top. <f A ff'.—lBt,M .,'eguar.byAt.& 1
'.
2liyUn.P.
1,000
42 1881
L e h ig h <t Hudson River—1st M .,g.,int.red’o’dto5p.o.
63 1887
1,000
2d m ortgage..................................................................
Warwick V alley 1st A 2d Ms. ($240,000 2d s)......... Text. ’79-’81 500 Ac.
7 1880 500 &c.
W awayanda RR, 1st m ortgage................................
1,000
1890
Leh. A Hud. R.Gen.M. $3,000,000, g .(s e e te x t).o '
Lehigh if Hew Engl'd—Slate V alley R R ., ls t m o r t ..
1886 500 &c.
1,000
1895
1st m ort., $1,000,000, gold .......................................
__
50
L e h ig h V alley—Stock ($106,300 Is 10 p. c. pref.). __
1,000
101 1868
1st mortgage, coupon and registered......................
1,000
2d m ortgage................................................................ r 101 1870
1,000
Con. M., sterling, g.,8.f.2 p .c.y ’rly, dr’n at par.cAr 285 1873
1,000
do
coup, and reals., $4,762,000 are 4% s. OAr 285 1873
1,000
285 1873
do
annuity, $2,538,000 are 4 >28....................
1897
Collateral trust, gold, subject to call at lO V ^ ....
1,000
Lehigh AN . Y.', IstM ., $2,000,000,g.,gu.p.Al.c*&r 117 1895
1,000
Leb.Val. o f N.Y., lBt M., gold, gu. p. A l.(e n d .)c'* r 283 1890
31 1891
1,000
Leh. Val. Ter., 1st m ort., gold, gu. p.A l.,end.c*A r
60 1880
1,000
Easton A A m b oy .lst M.Easton to P.Amboy,guar.
12 1895 500 &c.
Easton A No., 1st M., gold, guar, by L. Val..c*&r
1892
1,000
Delano Land 1st M., g o ld , guaranteed...................
22 1892
M iddlesex Valley, 1st m ort., $600,000, gold___o '
1,000
1,000
Penn. A N. Y. Can. A R R .—1st in., endors...c*A r.
1866
1,000
Consols (see text) guaranteed p.A i.(end.)r.......
1888
i ‘20 1884
1,000
E lm ira Cortl’d & No. 1st pref. m ort., gold........ c*
120 1884
1st M., gold, guar. p. A l. (end.).
1,000
C ana.N o.lst M., g.,gu.p. Ai.by E.C. AN, ass.by L. V. __ 1886
__ ....
Morris Canal stock, 4% guaranteed 999 y e a rs....
100
__
Preferred stock, 10 p. o., guar. 999 years..........
100
....
L .V .C oalC o.lst M .$12,000,000,g.s.f.,notdrn.c*,tr
1893 l.OOOAo
Nothing has been charged to construction or equipment accoim t since
1883, the outlays therefor charged to operating expenses amounting in
1895 to $1,615,954 (against $118,089 in 1894) fo r new equipment
and $36,856 fo r construction, these Items being exclusive o f expen­
ditures forrenew als. Profit and loss surplus Jan. 1,1896, $11,637,485.
L ow grades perm it large train loads; average fo r 1895 318 tons.
A n n u a l R e p o r t . —Fiscal year ends D ecem ber 31. Annual m eeting
is held the first Wednesday in M ay at Cleveland. The annual report
fo r 1895 was published in V. 62. p. 8 6 4 ; see also editorial, p. 850.
Figures fo r 1896 below are partly estimated.
T raffic—Of the 14,382,684 tons carried in 1895, coal and coke con­
tributed 38 por cent, ores 10 p. c., grain 7 p. c.
Tears—
1896.
1895.
1894. '
1893.
Miles operated.........
1.440
1,440
1,440
1,440
Total gross earnings $20,205,932 $21,016,035 $19,557,870 $23,685,932
Oper. exp. A taxes. 13,823,594 14,568,219 13,186,067 17,123,913
Net e a r n in g s.... $6,382,338 $6,447,816 $6,371,803 $6,562,019
Net, incl. o th .in c’me $6,830,688 $6,860,794 $6,781,158 $7,021,151
Rentals p aid ............ I
645,000
644,759
606,922
597,395
Interest on d e b t .... 5 3,110,000
3,134,370
3,151,947
3,173,762
D ivid’s on guar. s’k .
53,350
53,350
53,350
53,350
D ividends................. (6)2,967,990(6)2,967,990 (6)2,967,990 (6)2,967,990

$1,500,000
661,850
1,500,000
1,380,000
800,000
209,120
385,000
65,000
584,000
61,500
375,000
40,441,100
5,000,000
6,000,000
284,000
10,400,000
12,100,000
5.000.
2.000.
15,000,000
10,000,000
6,000,000
51,000
1,177,000
211,000
1,500,000
8,500,000
750,000
1,250,000
300,000
706,700
903,600
10,382,000

See text. F. & A. N. Y ., Gr’d Cent. Stat’n.
5 per an. J. & J. N. Y ., Union Trust Co.
5
J. A J.
do
do
4 g. J. & J. July, ’93, coup, last pd.
5
J. & J. N. Y ., Nat. E xch . Bank.
5
J. A J.
do
do
A. & O.
6
do
do
6
J. A J.
do
do
do
do
5 g- J. A J.
4
J. & J.
5 g. J. A J. Phila., 927 Chestnut St.
See text. Q.—J. Pliila., 228 So. Tiiird St.
6
J. & D. Reg.atoifice; cp.Bk.N.A.
7
M. A S. Pima. Of., 228 So. 3d St.
6
J. A D.
do
do
4>« A 6 J. & D. R eg.atoifice;cp.B k.N .A .
4*2 & 6 J. & D. Pliila., Of.,228 So. 3d St.
000
000 4 g. M. A 8. P hil.,L eh.V al.O f.A N .Y .
4 ^ g . J. ife J. N.Y.,M erch.N. Bk.&Ph.
do
do
5 g. A . A O.
5
M. & N. Pliila., O f., 228 So. 3d St.
M. & N. See Off., 228 So. 3d St,
4iag.
5 g. J. & J.
do
do
5 g. M. & N. N. Y ., Central Trust Co.
7
J. & D. Phila., Bk. N. America.
4, 4*2, 5 A. & 0. Phila., Lehigh Val. RR.
do
do
6 g. A. & O.
do
do
5 g. A. A 0 .
do
do
6 g. J. A J.
4 per an F. A A. Phil, office, 228 S.3d St.
10 per an F. A A.
do
do
5 g. J. & J. N. Y. and Philadelphia.

Feb. 1, ’ 9 7 ,7%
Jan., *97, 2111%
July 1, 1934
July 1, 1912
July 1, 1911
Ju ly 1 1917
1900 A 1912
Jan. 1, 1900
July 1, 1920
July, 1, 1916.
Ju ly 1, 1945
See text.'
June 1, 1898
Sept. 1, 1910
Dec. 1, 1897
Dec. 1, 1923
Irredeem able.
1997
Sept. 1, 1945Ju ly 1, 1940
Oct. 1, 1941
M ay 1, 1920
Nov. 1, 1935
Jan. 1, 1932
N ov. 1, 1942
June 1, 1906
Apr. 1, 1939
Apr. 1, 1914
Apr. 1, 1914
July 1 . 1906
Feb., ’97, 2%
Feb., ’ 97, 5%
Jan. 1, 1933

H is t o r y .—A reorganization in A p ril, 1895, o f the P ennsylvania
Poughkeepsie & B oston, sold in foreclosu re Deo. 1 4 ,1 8 9 4 .
Sto ck and B onds .—Capital stock is $1,500,000, par $50. M ortgage
is fo r $1,000,000 gold 5 p. c. 50-year bonds, o f w hich $375,000 repre­
sent purchase p rice and balance fo r im provem ents and extensions
— (V. 61, p. 112; V. 62, p. 134.)
L e h i g h V a l l e y B B . —(See M ap)—Mata line, Jersey City, N. J „ op­
posite N. Y. City, to Buffalo, N. Y ., 444 m iles; branches to Audenried
Tomhicken, Hazleton, Ac., 713 miles ; Lehigh A N ew Y ork R R ., 115
m ile s; State Line A Sullivan Railroad, 24 m ile s; total m ain line, 1 296
miles; branches, etc., 859 miles. Total system 2,155 m iles; second
track, 539 miles. Traekage; Penn. R R ., 13-6 miles; N. Y . Central. 513:
miles; sundry trackage, 29 miles.
H i s t o r y , E t c .— Company opened a through line o f its ow n from
N ew Y ork to Buffalo Sept. 1 ,1 8 9 2 , and discontinued trackage o f 188
miles over the Erie. Lease to R eading ended Aug. 8 ,1 8 9 3 . In March
1897, the com pany arranged w ith J. P. M organ A Co. o f N. Y .. and
D rexel A Co. o f Phila., fo r a general readjustm ent o f the finances, in­
cluding the holding o f v otin g p ow er fo r a large block o f the stock.—
See V. 64, p. 517, 754.
C o a l P r o p e r t y .— The Lehigh V alley R R . Co. ow ns 3,619 acres of
coal lands and all the ($650,000) stock o f the Lehigh V alley Coal Co.,
which in D ecem ber, 1893, owned an tlra oite coal and surface la n d s:
„
Total acres. Coal acres.
Est'd. yield.
Owned in fe e ...................................15,217
7,242
124,000,000
Perpetually leased......................... 8,123
5,741
111,000,000
1,708
47,000,000
Term leases..................................... 1,708
Controls through stock ow n ed .. 9,229
4,519
50,000,000
Collieries 54, daily capacity about 30,000 tons. (V. 62, p. 364.). The
H azelton C oal Co. (chartered in 1896) stock is owned and its $2,000,000 first m ortgage 5s also ow ned are guaranteed—see V. 64, p. 137.
The Coal Co. in 1895-96 shipped from collieries ow ned 2,819 757
tons, against 2,619,960 tons in 1894-5, and 2,061,115 tons in 1893-94
D iv id e n d s . ) ’ 86. ’ 87. ’88. ’ 89. ’90. ’ 91. ’ 92 ’ 93. none
S in ce’ 85. P. ct. 5 4
4^
5
5
5
5
5H
4
since.
B o n d s .— The consolidated m ort. o f 1873 (trustee, F idelity Insurance
Trust A 8. D. Co. o f Phil.) is fo r $40,000,000, o f which $12,000,000 are
reserved to retire $11,000,000 prior hens w hen due. The bonds are
Issued in three senes, o f w hich the sterling issue, “ class A ,’ ’ is subject to
call at par in increasing amounts each year, $399,000 being the amount
retired in 1895. A second series Is com posed o f the “ coupon and registered’ ’ bonds, w hich are n ot subject to eall, bu t which prior to Nov.
1 3 ,1 8 9 3 , w ere convertible at option o f holders into bonds o f the third
series, these last being an n u ity bonds and irredeem able, never falling
°* default. A ll these issues are equally secured.
The $15,000,000 collateral trust s s o f 1897 are subject to call at
1 0 7 p. c.—see “ G eneral F inances ” below .

Surplus over dlvs.
$54,348
$60,325
$949
$228,654
- ( V . 6 3 ,p .4 0 2 ,1 0 0 9 ,1 1 5 5 ; V. 64, p. 423, 447, 469, 610, 707.)
Lake Shore System.—
Mahoning Coal Kit __ Owns from
Y oungstow n to Andover, O., and branch, 50 miles. Leased in perPetuity for 40 per cent o f gross earnings to Lake Shore, w hich Jan. 1,
1896, owned $865,900 o f its com m on and $399,500 o f its preferred
stock. Tlie preferred stock certificates contain a clause making them
redeemable at par at option o f Co. Dividends paid on com m on stock :
In 1889 4>sp. 0.; in 1890, 5; in 1891, 4ijs; in 1892, Feb. 5*2; Aug., 3;
in 1893. 8 p. 0.; in 1894, 8 p. c . ; in 1895, 10 p. 0.; in 1896, Feb., 7 p c •
3 P- ?•; in J897, Feb. 7 p. c. In 1895 rental $285,743, against
$258,739 in 1 8 9 4 ; surplus o v er interest and dividends, $26,188. (V.
62, p. 86 5*)
Lancaster & Chester By.—
Narrow Gauge—A 3-foot gauge road
C h e fe r to Lancaster, S. C., 29 miles. A reorganization in A u g ,
1896, o f the Cheraw A Chester R R ., sold in foreclosure in June, 1896.
Capital stock is $ o 0 ,0 0 0 ; par, $50. First m ortgage is fo r $25,000 o f
7 p. 0. ourrency bonds due Jan. 1, 1917; int. ,T.A J „ coupon bonds $500
each, all issued. G eneral Manager, W. H. Hardin, Chester, S. C.—V.
bo, p. 458.
Leavenworth Terminal Ballway Sc Bridge.—
Owns high­
w ay and r a u o a d bridge (opened Jan. 1, 1894), 1,110 feet long, over
M issouri R iver at Leavenworth, Kan., and valuable term inal property
in that city. The m ortgage contains a sinking fund provision K a n ­
sas City St. Joseph A C. B. (Chicago B. A Q.) and Chicago R. I. A P
use the bridge at an annual rental o f $18,000 each, under ai30-vear
G u a r a n t i e s . —Easton < Northern RR.—R oad from B elfast to Easton*
6
The Chicago Gt. Western has contract from Sept.
1 ,1 8 9 5 , fo r 30 years at rental o f $16,000 first year and $17,500 tliere- Pa., 8 m iles; branch to Lehigh V alley RR. at South Easton, 4 miles;
Leased fo r 5 years from Aug. 1, 1893, to B an gor & Portland Ry.
stock, $600,000. On June 3 0 ,1 8 9 6 , current liabilities Capital stock is $200,000. Lehigh Val. guarantees bonds. (V. 62, p.135.
$39,150; current assets, $24,915. (V. 61, p. 556.)
am unes,
Leavenworth Topeka Sc South Western B B . - O w n s from - T E bn ira Cortland & N orthern RR. — This road, w ith the Ganastota
Leavenw orth to Meriden Junction, in Kansas, 47 miles U n t o n P a S Northern, runs from E lm ira to Canastota and Camden, N. Y., 14r>
$2,000,000, is ow ned b y the Lehigh V alley (acquired
ceased operating this road in March, 1894. C. L. McLeUan annotated
reoeiver April. 20. Bill o f foreclosure filed in April, 1894. Coupons Feb. 20, 1896), w hich guarantees the bonds.—V. 62, p. 3 6 4 ,1177.
L ehigh Valley Railway Co. o f New York.—Owns road from Buffalo,
tU ^
<
J-’ 1894* n ot paid'. A ccounts p ayable $1,046,350 Jan 1 1*804
N. Y ., to near S ajre, Penn., 175 miles double track, and branches to
In 1895-6 gross $43,741; deficit from o 5 e ra tin g $ 4 ^ l6 .-?V . 62“ 'p. 186^
Ithaca, Auburn, Cayuga, etc., I l l miles; total, 283 miles. Stock all
Lehigh & Hudson Blver By.—Owns from Grevcnm-'t m,
R R ., tofielvidere, N. . 1 6 3 miles, on the Pennsylvania R R . Proprietary owned by Lehigh Val. RR. M ortgage abstract in V. 51, p. 114. I ndex —
V. 54, p. 203, 965; V. 63, p. 357, 1063; V. 64, p. 517.)
il!if8 „ £ o i nSe+CSlInt? RP7 (entire stock owned—no bonds issued) Hiub
t:
L ehiyhValley Terminal R ailw ay.—Owns double-track road from South
ro u te )™ ? miles
f . (£°RUg& p 1 S M
Plainfield, is. J., to Jersey City, with about 125 acres at Jersey City and a
varge water front there and other p ro p e r ty ; its stock o f $10,000,000
X “ “ t o t a lX ? r a fe d f9 aM s enU' R R ’ ’ B elrider6 t0 P M m psburg, 13 U owned by the Lehigh V alley RR. (See V. 53, p. 640, 880.) Central
G e n e r a l F in a n c e s .-S t o c k , $1,340,000; par, $100. W arwick Val- Trust Co. trustee. Car trusts $1,000,000.
M iddlesex Valley.—Road from N aples to G eneva, N. Y ., 29 miles.
^ o V A T ^ J 50™ 9
miles o f road, and bonds mature October 1
1900; 2d m ortgage covers 22 m iles and bonds mature A p ril 1 1912’ Purchased m D ecem ber, 1895, and bonds due 1942, guaranteed, prln
Loans and bills payable Dec. 31,1896, $413,500; car trusts *73 7 1 7 ' cipal and interest (endorsed).—V. 61, p. 1013 ; V. 62, p. 134.
In April, 1897, $>584,000 general 5s w ere outstanding and an addi
M orris Canal. — Leased fo r 999 years and dividends guaranteed.
tional issue o f $500,000 was authorized fo r floating debt, etc
d1' Bonds all owned by Lehigh Valley. W ater-shed supplies city o f Newark
with w ater. See V. 50, p. 137.
A n n u a l R e p o r t .— R eport fo r 1895-6 was in V. 63, p l l l i
Tear ends June 30 1896.
1895*
1Rtu
P ennsylvania & Neiu York Canal d* R ailroad.—Leased fo r 99 years
S T .................... ...................... *?70,9 72
$3 92,9 11
$ 4 8 0 ^ 7 from Decem ber 1 ,1 8 8 8 , to Lehigh V alley, w hich has assumed its debt
and owns all its stock. Consol, m ortgage bonds o f 1888 (trustee, Girard
A dd Orange County R R .;n e t.
4,198
^ e ’l o o Life Insurance Co.) are reserved to take up prior bonds w hen due. The
and M e r e s t by the Lehigh Valley, in­
Balance’, snrpius? . ' . "
1 18 285
c lu d e. $4,000,000 o f 5 per cents, $3,000,000 o f 4s ; $1,500,000 of 4^8,
issued in 1895 to retire 7s due in June, 1896.—V. 62, p. 950.
York.—’This road (form erly Southern Central), runs
from N. Y . State Line near East W averly to Fairhaven, on Lake ;
Ontario, 115 miles. V. 61, p. 558, 7 5 0 ; V. 62, p. 134.
Rochester Southern RR.—R ochester to H em lock Lake, N. Y ., 30*16
I n d ^ e n d e r ^ J tm o tlo n .^ a .^ S ^ mU(fsaaoom pfefe?9in ? fo v ID^ 1 ) i w ° t ?
miles. A consolidation in A ug., 1895, o f R ochester & H oneoye Vali m ^ es
^ °ch e ste r Southern. C ontrolled through ownership of
stock. Capital stock is $800,000 (par $100); funded debt $300,0007

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INVESTORS’

78

SUPPLEMENT.

[VOL. L X IV

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d ia t e n o t ic e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b le s .
Bonds—P rinci
INTEREST OR DIVIDENDS.
RAILROAD8.
pal,W hen Due
Miles Date
A m ount
Par
Rate per When Where Payable, and by Stocks—Last
of
of
For explanation o f colum n headings, Ac., see notes
Outstanding Cent. Payable
Road. Bonds Value.
Dividend.
Whom.
on first page o f tables.
le h . Valley -(C on .)—Snow Shoe, 1 s tM., not guar.r
L. V., gold, car trusts, $50,000 due each F.AA.c*
Gar trusts. $500,000, due $50,000 an n u ally .,---Itxin gton J Eastern—1st M., $1,000,000, gold, c*
Lima Northern
M., $1,200,00 goid...c,fcr
Litchfield Carroll rf- West.—R eceiver’s certificates.
1 b»'mortgage ($10,000 per mile) g o ld .................o '
Lillie Miami—St’k,com.,gu.8 p.e.,99 yrs.,P.C.JiSt.L.
Street con. 2d mort. (now ls t .i.............................. c
Renewal m ortgage..................................... ..............c
Betterment bonds ($3,000,000) convertible........
Little Rock <t Memphis— First mortgage, g o ld .........c
Little Schuylkill A ar. RR. it Coal—S tock..................

___
92
52

1896
1896
1894
1894
1895
1886

2 1864-8
84 1882
84 1892
133 1887
___
28

94
le t m ort., main line, L. 1. City to G r e e n p o r t... c*
158
Consol, mortgage, gold, $5,000,000........................ 180
Seneral mortgage, g o ld ............... .......... — - - - - - o ' 180
Metropolitan Ferry Co. 1st M., gold, red. at HO.c
2*. I. RR. mort. on ferry fo r $2,750,000, g old...c*
Mort trace bonds o f 1932 for $500,000, g o ld ........ 16*2
___
Debenture ($1,500,000) gold, not subject to call..
2
New York A Flushing 1st mortgage, assum ed—
76
Brooklyn A Montauk 1st M.f $250,000 are 6s...c*
76
2d M., g., assuni., Bush. Sta. to Eastp. A b rs.c
18
Long Island City & Flushing 1st M,. assum ed..c'
18
Consol, m ortgage gold, assum ed...................... c'
Sew Y ork & R ockaw ay 1st mort., Int. only guar..
Smith. * Ft. Jefferson, 1st mortgage, guaranteed ) 19 (
L.I.R R . North Sh.Br.consol.M .$l,500,000,guar.c* S 3 0 !
6
N. Y. B av Ext, RR. 1st M. gold, gu. p. & i., end..e
Montauk Ext. RIi. 1st M., gu.ii.A i., $600,000,g.c*

$500
1,000
1,000
1,000
1,000
50
1,000
1,000
1,000
1,000
50

500
1868
1878 100 Ac
1,000
1881
1,000
1888
1887 500 Ac
1892
1,000
1,000
1892
1894
1,000
1,000
1880
1,000
1881
1,000
1888
1,000
1881
1,000
1887
500
1871
1871
500
1892
1,000
1,000
1893
1895
1,000

Lehigh Valley Coal Co.—See “ Coal P rop erty ” above.
G e n e r a l F in a n c e s .—In March, 1897, $8,000,000 live per cent col­
lateral trust bonds were authorized (issue to ho increased to $15,000,OOO alter 1900); $5,000,000 o f these were sold to J. P. Morgan & Co.
to provide at once lo r floating debt, new construction and w orking
capital, and $3,000,000 m ay bo so used during the next two or three
years and $1,000,000 a. year fo r seven years after 1900.—V. 64, p. 7 54.
On Nov. 30, 1896, bills payable w ere $2,453,000; interest due Dec.
1, $840,078; unadjusted taxes and leases and pay ohecks, etc., $776.
061; Cash and cash assets, $1,656,221; open accounts, etc., $1,811 ,463. A dvances to U V. Coal Co. amounted Nov. 30, 1896, to $5,166,890. R eal estate m ortgages aggregate $347,852. For guaranteed
securities that are not outstanding see V. 64, p. 137.
C a r T r u st s .— In N ovem ber,.1894, contracted fo r 2,000 new coal oars
of 60,tOO pounds capacity each, to he owned by the L. V. Terminal R y.
whose car trusts fo r $1,000,000 were issued therefor, and are owned by
tho Lehigh Valley RR. For 2,000 b o x cars o f 60,000 pounds, in 1896
were issued $1,000,000 car trusts, m aturing $50,000 each Feb. 1 and
August 1 to Feb. 1, 1906, in clu sive : m ortgage trustee, Girard Life
Ins. Annuity A Tr. o f Fhlla. The $500,000, aeries o f 1896, oover 1,000
eoal ears and a number o f stock and com bination cars.—V. 62, p. 1087.
E a r n in g s .— In 3 m onths ending F eb. 2 8 ,1 8 9 7 :
Railroad C o............................ Gross, dec. $321,701; net, dec. $124,295
L. V. Coal C o........................... Gross, inc.
108,587; net, inc.
127,422
A n n u a l R e p o r t .— The fiscal year ends N ovem ber 30. The report for
3895-96 was given in V. 64, p 13 1,13 6; see also editorial, p. 105.
1896.
1894.
Year ending Nov. 3 0 —
1895.
$8,391,542
$8,470,859
JHarnings from coal.......... $8,623,574
7,472,104
6,849,062
5,982,858
Miscellaneous freight—
2,556,536
2,104,677
Passengers........................ .
2,316,540
851,517
927,993
Mail, express, etc............
862,446
$18,564,454
14,028,453

$17,330,594
13,320,829

$4,931,002
676,159

$4,536,001
898,346

$4,009,765
841,492

Total net in com e___ . $5,607,161
South’n Cen. proport’n..
4,484,033
Interest on debt .......... .
673,366
'$en*l exp., inol. tax es...

$5,434,347
5,709
4,294,380
491,416

$4,851,257
21.748
4,273,740
428,699

T otal gross................. . $19,514,660
Dp. exps.,incl. r e n ta ls... . 14,583,658
Net earnings.............. .
Ine.from invest., Ac. net.

$449,762
$642,842
$127,070
3alanoe, surplus............
IbiL on Coal Co. b o n d s ..
$590,650
$596,625
(?)
- I V . 64, p. 1 0 5 ,1 3 1 ,1 3 6 , 373, 4 8 6 , 517, 754.)
L e x i n g t o n A E a s t e r n .—Owns from Lexington, K y., to Jackson,
*y-, about 92 miles. A reorganization o f tlie K entucky Union, sold
in. foreclosure in March, 1894. Stock is $500,000. M ortgage
truste®, Central Trust Company, New York. General m ortgage is fo r
$2^5QOrOCO,of which $1,000,000 reserved to retire the firsts; trustee,
SostiiDjeiital Trust Co., New York. Interest on generals for first 5 years
i s payable only if earned, at Continental Trust Co., N. Y ., on first day o f
February and August. Floating debt June 30, 1896, $39,181. For
year ending June 30, 1896, gross, $217,231; net, $51,392; interest,
$50,000. In year ending Dee. 31 ,189 5, gross, $207,335. (V. 59, p. 697.)
L i m a N o r t h e r n K y . —R oai >—In A pril, 1897, com pleted from
Lima, O. (on Ohio Southern), to ju n ction with W abash Ry. at Tecumseh,
Mich., 102 m iles, form ing a new line to D etroit, v ia the Wabash, and
a northerly extension for the Ohio Southern, being owned b y parties
holding a m ajority interest in the stock and second m ortgage bonds o f
that road. Stock authorized, $2,400,000; issued, $2,000,000; par $100.
B onds —The first m ortgage is fo r $1,200,000 o f 5 per cent b nds;
trustee is M anhattan Trust Co., N. Y.; bonds are issuable ai $12,000 p er
m ile o f com pleted road and $3,000 p er m ile tor equipment; com pany
leases 800 cars.—(V. 61, p. 559, 925, 1064; V. 63, p. 229.)
L i t c h f i e l d C a r r o l l t o n & W e s t e r n . —Owns from Barnett to C o­
lumbiana, 111., 52 miles. This road w as form erly operated b y the Chi­
cago Peoria A St. Louis. Joseph Dickson is n ow receiver—see Y. 62,
pu 9 4 9 ; V. 61, p. 1064. Stock, $ 6 00,0 00; par $100. R eceiver’s ceitid ­
eates, $125,000. F or year ending June 30, 1895, gross, $ 5 9 ,5 4 7 ;
deficit under operating expenses, $19,328. (V. 62, p. 40, 949.)
L i t t l e M i a m i . —Owns from Cincinnati, O., to Springfield, O., 84
m iles; branch, Xenia, O., to Dayton. O., 16 m iles; leases, Columbus A
X enia R R ., Xenia, O., to Columbus, Ohio, 55 m iles; D ayton A Western
&R., Dayton, O., to Indiana State Line, 38 m iles; Ohio State Line to
Richm ond,Ind.,4 m.; Cin. St. Connecting R R ., 2 m.; tot. operated, 199 m.
L e a s e .— On Dee. 1, 1869, leased to Pittsburg Cincinnati & St. Louis,
)now Pittsburg Cincinnati Chicago & St. Louis) for ninety-nine years,
renewable forever. The Penn. RR. Co. is a party to the contract and
guarantees its faithful execution. Rental is 8 per cent on $4,943,100
stock and interest on debt. There is $100,000 6 per cent permanent
capitalized d e b t; interest J. & J. Lessee’ s report for this road shows
xet loss to lessee: In 1892, $230,636; in 1893, $204,871; in 1894,
$221,927; in 1895, $259,044. Stock authorized, $8,000,000.
B onds .—In January, 1890, stockholders authorized $3,000,000 7 per
sent bonds (to be issued to the lessee from time to time for betterments),
And also $3,000,000 stock, into which the bonds shall be convertible.

$500,000
5
900,000
o g500,000
r g*
1,000,000
5 g.
1,500,000
5
(?)
5 g125,000
516,000
o g4,943,100 8 per an.
275,000
6
1,500,000
5
714,000
7
3,250,000
5 g.
2,487,850
5 g.
12,000,000 See text.
1,121,000
7
268,703
7
3,610,000
5 g.
3,000,000
4 g.
1,250,000
5 g.
1,500,000
41
ag.
325,000
^ g1,500,000
5 g.
125,000
6
1,000,000 5 & 6 g .
600,000
5 g.
600,000
6
650,000
5 g250,000
7
75,000
7
1,425,000
5 g.
200,000
5 g.
600,000
5 g.

j. & j .
Philadelphia.
F. & A. Phil.,Girard l-.I.A.& Tr.
F. A A.
Philadelphia.
j. & j . N. Y., Cent. Trust Co.
Text.
Text.
A. A 0. N. Y ., Man. Trust Co.
.....
j . & j . J u ly,’93, cou p .lastp aid
Q.—M ./o Cinn.,Office, IstN at.B k.
do
do
Various
M. A N. N. Y ., Bank o f America.
A. « O.
do
do
M. A S.
In default.
Q .-M . Phila., Of., 410 Walnut
U.—F.
m : & n . N. Y.,U.S.M ort.& Tr.Co.
F. A A.
do
do
do
do
Q .- J .
do
do
J. & D.
M. & N.
do
do
do
do
M. & S.
do
do
J. & D.
J. A D.
do
do
do
do
M. A S.
M. & S.
do
do
do
do
J. & D.
do
do
M. A N.
M. A N.
do
do
A. A O.
do
do
do
do
M. & 8.
do
do
Q .- J .
J. & J,
do
do
do
do
J. & J.

Jan.
A ug.,
Aug.,
Jan.
Feb.
Oct.

1, 1910
’97-1906
’ 97-1906
1, 1900
1, 1935
1 ,1 9 4 5

Jan. 1, 1916
Mar. 10,’97,2%
1898
Nov. 2, 1912
Apr. 1, 1932
Sept. 1, 1937
J n .l 5 ’ 97 ,31
2%
N ov.2,’96 ,1%
May 1, 1898
Aug. 1, 1918
July 1, 1931
June 1, 1938
Nov. 1, 1937
Mch. 1, 1922
June 1, 1932
June 1, 1934
Mch. 1, 1920
Mch. 1, 1911
June 1, 1938
M ay 1, 1911
M ay 1, 1937
Apr. 1, 1901
Sept. 1, 1901
Oct, 1, 1932
Jan. 1, 1943
Jan. 1, 1948

L i t t l e R o c k & M e m p h i s . —Owns from Little R ock, A rk .,to M issis­
sippi River, opposite Memphis, 133 miles. Of the coupons on*- Sept. 1,
1892, part only were paid. In June, 1893, R udolf Fink w as appointed re­
ceiver. Extension, Little R ock to W istar Junction, I. T., proposed, and
the Memphis L ittle R ock & P acific was organized fo r that purpose.
See V. 64, p. 234. F oreclosure sale postponed to June 1 0 ,1 8 9 7 .
R e o r g a n iz a t io n .— B ondholders’ com m ittee consists o f F. P.
Olcott, Chairman, 52 W all Street, N. Y .; A ugustus D. Juilliard, James
H. Smith, H enry De Coppet and H enry K. Sheldon.
Secretary o f
E xecu tive Comm ittee Jam es H. Smith, 10 Wall St., N. Y. Depositary.
Central Trust Co., N. Y .
Sto c k , $3,250,000; par, $100. E arnings .—Y ear ending June 301896. gross, $361,093; net, $13,989; other incom e, $6,202; charges
$24,105; balance, deficit, $3,914. In 1894-95, gross, $382,007; net’
$46,809; other incom e, $5,766; charges, 16,371. (V. 64, p. 234, 5 6 7 .’
L i t t l e S c h u y l k i l l N a v i g a t i o n R R . & C o a l . —Owns from P ort
C linton to Tamanend, 28 miles; branches, 4 m iles. R e leased on Dec.
I , 1896, to Philadelphia A R eading R y. fo r 999 years, and rental re­
duced from 7 p. c. on stock to 5 p. c., gold. Lessee pays also all taxes
an d $5,000 yearly fo r organization expenses.—see Y . 63, p. 1159.
L o n g I s l a n d R R . —Operates practically all the steam surface
roads on Long Island, adjoining N ew Y ork City, the system in c lu d in g :
Owns—
Miles.
Leases—
(IT W hich see.) Miles.
L ong Island City to Greenport. 95 N ew Y ork A R ock a w a y............
9
L ong Island City to Gt. N e c k .. 14 N. Y . B’klyn & Man. B each IT-. 20
Busbw ick to Sag H a rb or.......... 97
Sundry bran ch es........................ 83
T otal June 3 0 ,1 8 9 5 .............379
Double track ............................. 91
Total owned...............
289 Side tra ck s.....................................108
B rooklyn A Jam aica R R
10 Operates—earnings kept separate.
North Shore Branch RR..
N. Y . A R ockaw ay Beach RR.1T 12
Montauk E xt. R R ............
P rospect Pk. & Coney Island. 1 13
1
O r g a n iz a t io n , S t o c k , E t c .— In July, 1881, the stock was increased
from $3,260,700 to $10,000,000, and in 1889 to $12,000,000 to pur­
chase B rooklyn & Montauk.
Change o f Control—Im provem ents - In January, 1897, con trol o f the
stock was purchased by a syndicate—A ugu st Belm ont; W illiam A.
Read, of V erm ilye & Co.; B row n Bros. A Co.; Charles D. D ickey,
Jr.; Theodore A . Havem eyer; Strong, Sturgis & Co.; Kessler A
Co.; Frederic G. Bourne; G eorge F. Baker, and others. The n ew m an­
agem ent has extensive plans for furnishing rapid transit d irect from
New Y ork City to all points east o f Jam aica (coverin g the distance
from New Y ork to Jam aica in tw enty minutes) and also fo r a tunnel
from Flatbush A v e., Brooklyn, to N ew Y ork —see V. 64, p. 8 3 ,2 3 4 ,7 5 4 .
D iv id e n ds .— ( 1882. ’ 83 t o ’90. ’ 91. ’92. ’93. ’94. ’ 95. ’96. ’ 97.
P er cent.
( 1
4 yearly 4 ^
5
5 41
*
4
4 N one
B o n d s .— Central Trust Co. is trustee o f general m ortgage o f 1888.
The fe r r y m ortgage fo r $2,750,000 covers all the real and p e rs o n a l
Street and
Sroperty pertaining to the com pany’ s ferries (34th M etropolitan James
lip); $1,250,000 bonds being reserved to retire the
F erry
mortgage. Trustee Central Trust Co. See V. 54, p. 597.
The m ortgage 4 p er cents o f 1892 are secured by purchase m oney lien.
A s to debentures see page 2 o f S upplem en t o f A p ril, 1895.
G u a r a n t i e s .— m addition to guaranteed b ord s in table ab ove th e
L ong Island guarantees bonds o f the follow in g com panies—which see.
New Y ork Brooklyn & Manhattan Beach, N ew Y ork & R ockaw ay
Beach and P rospect Park & Coney Island.
G e n e r a l F in a n c e s .— On June 30, 1896, m ortgages on real estate,
$291,238; equipm ent trust, $392,750. Renewals are with 76 to 80pound steel rails. Loans and bills payable D ec. 3 1 ,1 8 9 6 , $1,064,000.
A s to change o f con trol in 1897 and contem plated im provem ents, see
organization above. A s to A tlantic A ve. im provem ents and tunnel to
New Y ork City see V. 64, p. 469.
L atest E arnings .—J an. 1 to Mar. 31, 3 m onths, gross, $623,354 m
1897, against $631,219 in 1896. F or 6 months ending Dee. 31:
6 mos.— Gross.
Net.
Oth. inc. Int.<£ taxes. B a l.,su r.
1896........ $2,236,377 $813,906 $115,962
$616,222 sur.$313,646
1895........ 2,297,552
887,489
104,450
566,075 sur. 425,864
See general balance sheet o f Sept. 3 0 ,1 8 9 6 , in Y . 63, p. 1010.
A n n u a l R e p o r t .— Fiscal year ends June 30. A nnual m eeting is held
the second Tuesday in April. R eport fo r 1895-96 was in V. 63, p. 836.
Of the gross $2,281,577 was from p assen gers; $1,142,015 from
freight; balance, m ail, express, Ac.
Year ending June 3 0 — 1896.
1895.
1894.
1893.
Gross earnings............ $3,962,799 $4,014,019 $4,143,433 $4,300,336
Operating ex p en ses.. 2,541,636
2,593,323
2,690,085
2,833,892
Net earnings.......... $1,421,163 $1,420,696 $1,453,348 $1,466,444
Total n e t........................$1,576,817 $1,583,969 $1,555,746 $1,593,189
Interest on b on ds........
658,411
658,410
589,528
576,859
T axes..............................
200,973
174,531
172,726
155,563
Rentals...........................
271,160
240,088
240,768
211,633
Interest and discount.
16,389
6,789
33,069
29,839
D ividends...................... (4)480 ,000 (4) 480,000 (43*)570,000 (5) 600,000
B alance.................def.$50,116 sur.$24,151 def.$50,345

$19,295

RAILROAD

APBIL, 188'.]

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LOUISVILLE & NASHVILLE
RAILROAD 8YSTEM.

80

INTESTOES’ SUPPLEMENT.

[V ol , L X IV .

S u b n e r lb c r * w i l l c o n f e r a g r o a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .
RAILROADS.
---------------- Miles Date |Size, or
For explanation o f column headings, Ao., see notes! o f
of
Par
on first page o f tables.
Road. Bonds, Value.
Lot A ngeles Terminal - 1st m ortgage, $1,500,000.
Lrr. Southern -Miss. Terni’l B. A L., 1st m ort....... (
Louisiana Western—1st mortgage, g o ld .................0*1
Lott ixvitie Bridge Co.—S tock....................................... I
Louisr. Evan, it St. L ouis Consol.—Receivers’ certs.
1st mort. E, R. A E .................................................. le t mortgage, gold.......................................... - - - •0
2d mort.. with voting power, gold, unassented.o ,
Hunt. Tell. City A C. RR. le t M., gold (see text)o*j
Illinois A St. Diuls 1st M. (matured see t o x t )... 1
Ven.A Car. le t Mb., due D ec.,1900 AApr. 1,1902.0*
L. E. A St. L. consol, mort., gold ($8,000,000) . . <r
General m ortgage for $15,000,000, g o ld ............c*
L o u i s . H.dSt.L —St’k($2.000,000ispf.o% non-cuin.)
1st M., $2,500,000, g o ld ............................................
io u is r .if Jeff. Hr. Co.—$5,000,OOO.g.gu. p.AI.,eud.e*
L o u isv ille A N a sh ville—S tock.................................
Consol. 1st m ortgage (now 1st lien).................... c"
Memphis A Ohio 1st M., Earls to M em .,g.,gu ar..o‘
Mem.Clarks.AL. 1st M .,£, Guthrie to Paris, T enn .c’
Cecllian Br.lstM .,Cecil, toLouis.,s.f.,dr’ n at 100.C'
E.H. AN. IstM.. Henderson toNash., g.dr’n at HO.o*
Louis. A Nash, general M „ gold, drawn at 1 1 0 .c*
L. C. A Lex. 2d in. s. f. not dr’n, Louis.to Newp’t.c'
General mort. L. C. A L., gold (form erly Ss) .eL. A Nasli.bds., 8. AN. Ala.RH., 2d m. as col.gold.o*
Pensacola Division 1st m .,gold (dr’n at 1 0 5 )..o*
N O. A Moh. Div. 1st M., N.O.to Mobile, g old .c'
2d M., N. O. to Mobile, g o ld ............................ o*
Southeast A St. L. Dtv. 1st M ort., gold............. e*
2d M „ gold, East St. L. to Evansville A br. . c
1st M. (50-year 5s), $15,000 p.m ., gold............c*

4,4
....
112

1891
1883
1881

is& v
72 1881
182 i 1886
182 1886
22 ! 1887
20 1875
7 1880-2
353 1890
353 1893

1,000
1,000
100
(«>
1,000
1,000

1,000
1,000
500
1,000

1,000
1,000
100
500

165

1896
1895

419
130
83
46
151
802
175
175
189
45
141
141
208
208
118

1,000
1868
$ A £
1871
£2 00
1872
1877 $ 1,000
1,000
1879
1,000
1880
1877 100 Ao.
1,000
1881
1,000
1880
1,000
1880
1,000
1880
1,000
1880
1,000
1881
1,000
1881
1,000
1887

1,000
100

President (elected A pril, 1897), W. H. Baldwin, Jr. Vice-President,
C M Pratt. Secretary and Treasurer, A. C. B edford. D irectors
elected April, 1897: James Tim psou, Vice-President o f U. 8. Mortagc A Trust Co.; \V. G. Oakman, President o f Guaranty T rust Co.;
. G. K. D uer; J. S. Auerbach, o f Davies, Stone A Auerbach; F. G.
Bourne. President o f Singer M anufacturing Co.; W. H. B aldwin, Jr.;
Pratt, L. C. Ledyard, F. L. Babbott, Dumont Clarke, President
of Am erican E xchange Nat. B ank; George W. Young, President of
U. S. Mortgage A Trust Co.; Theodore A . Havem eyer, V ice-President
o f Am erican Sugar Relining Co., and August Belmont. (V. 64, p. 42,
8 3 ,180 , 234, 373, 469, 517, 754.
L o u i s i a n a S o u t h e r n B y . - N ew Orleans south along the M issis­
sippi River to Shell Beach, 29 miles, with a branch to Bclair, 24 m iles.
Successor o f the New Orleans A Southern, sold in foreclosure on Oct.
26 ,189 6. See N. O. A So. item , V. 64, p. 83.

S

cN

L o u i s i a n a W e s t e r n .—(Sec Map o f Southern Pacific.)—Owns fron,
Lafayette, La., to Orange, Texas, 112 m iles; branches (2), 35 m iles;
total, 147 miles. Operated under lease by the Southern Pacific Co.,
which owns all but $50,000 o f the $3,360,000 stock. The lessee p ays
all charges and turns over to this com pany 7 per oent o f the total net
profits under the om nibus lease.
E a r n in g s .— 2 m onths, ) 1897...........gross, $173,297; net, $81,810
Jan. 1 to Fob. 28.
S 1896........... gross, 172,828; net, 74,708
In year ending Dec. 31, 1896, gross, $939,701; net, $374,502.
In 1895 gross, $1,092,999 ; net, $5 12,5 74; surplus overcharges, $361,776; amount o f net profit due this com pany, as per lease, $145,855.
L o u i s v i l l e B r i d g e C o .—Owns bridge 5,294 feet long over Ohio
River at Louisville, Ky., and about 2 miles track additional in L ouis­
ville. Used by several railroads. Penna. RK., Louisv. New A lbany &
Ohio., etc.), under contracts guaranteeing 8 p c. liyiden ds and operat­
ing expenses. Surplus earnings are paid back to roads using bridge.
S t o c k is $1,500,000, o f which Penna. R R . ownod Jan. 1, 1896, $901,300. No bonds. Bills payable June 30, 1895, $187,128.
Dividends in 1896, 6I3 p. 0.; In 1897, February, 4 p. c.
E arnings .—In year ending June 30, 1896, gross, $322,585; net,
$170,405; other inoom e, $2,700; charges, $21,206; dividends, $120-,
00 0; balance, surplus, $31,899. In 1894 95, net, $276,185.—(V. 00,
p. 1105.)

INTEREST OR DIVIDENDS.
Amount

Rate per' Wlien Where Payable, and by
Whom.
Cenit. Payable

Ronds—Princi­
pal, W hen Due.
Storks - Last
Dividend.

$1,500,000
5
j. & j.
Ju ly 15,193 1
7
A. A 0 .
26,000
1903
2.240.000
6 ft. |J. A J. N.Y., 8. Pac.Co., 23 B ’rd July 1, 1921
Louisville, Ky.
1.500.000 See text.IF. A A.
,Fb. 15,’97 ,4%
..........
6
324,500
I M ay 13, 1897
J. „ „.,J u ly ,’ 9 6 ,p d .D e c .31,’96 June 1, 1921
6
„ . A J,
900.000 ,
6 g. IA. A O. A pr., ’ 9 5 ,pd. Sep. 30, '95 Oct. 1, 1926
2.000,000
670.000
6 g. iA. A O. A p r.,’9 5 ,p d .S ep .3 0 ,’95 Oct. 1, 1936
300.000
6 g. A. A OJ A p r .,’94, coup, last pd. Oct. 1, 1927
6 (8) J. A D. Dec., ’94, coup, last pd. June 1, 1895
200.000 I
6
V ariousjlut. to A pr., 1 8 9 7 ,paid.
300.000
1900-1902
J. A J.j July, ’93, coup, last pd. July 1, 1940
3,797,500
A g- M. A S.|Sept.,'93, coup, last pd. | Mar. 1, 1943
2,400,850
4
4.000.
000be liel d in v ot ing trust fo r ten years. S eeV .62,p .l3 8
to
2.100.000
5 g. '.J. A J .lis t coup, due J a n .,’ 97. Jan., 1946
3.000.
000 4 g. |M. A S. N .Y .,J.P . M organ & Oo. Mch. 1, 1945
52.800.000 See text. F. A A. N. Y., 120 Broadway.
See text.
A. A O.
7
do
do
7.070.000
Apr. 1, 1898
3.500.000
7 g - J. A D. London and N ew York, June 1, 1901
do
do
1,996,6603
Aug. 1, 1902
6 g. F. A A.
M. A S. N. Y ., 120 Broadway. Mch. 1, 1907
7
545.000
do
2.070.000
do
Dec. 1, 1919
g 8- J. A D.
do
10.248.000
do
June 1, 1930
6 g. J. A D.
A . A O.
do
do
7
892.000
Oet. 1, 1907
4 is g. M. A N.
do
3.258.000
do
Nov. 1, 1931
do
1.960.000
do
Apr. 1, 1910
6 g- A. A O.
do
580.000
do
6 g. M. A 8.
Mch. 1, 1920
do
5.000.
000 g 8- J. A J.
do
Jan. 1, 1930
do
1.000.
000 g 8- J. A J.
do
Jan. 1, 1930
do
3.500.000
do
Mch. 1, 1921
6 g ’ M. A S.
do
3,000,000
do
3 g. M. A S.
Mch. 1, 1980
1.764.000
do
do
M ay 1, 1937
5 g- M. A N.
B onds .—Illinois A St. Louis first 8s fo r $200,000, due June 1 ,1 8 9 5 ,
w ere purchased, but not having been paid interest accrues on them at
6 p. c.— (V. 60, p. 967. A bstract consol, m ort. in V. 49, p. 208.
Of the general m ort. 4s, In Jan., 1894, $2,076,850 had been issued
in exchange fo r p referred stock, settlem ent o f E. & T. H. account, etc.,
$577,000 were held as collateral fo r loans and $695,400 were In bands
o f trustees to be Issued for preferred stock. In A pril, 1897, N. Y. Stock
Exchange reported $2,432,000 listed, (See V. 56, p. 28 9,413.)
Coupon .—See table above as to coupons paid and unpaid. N. Y.
Security A Trust Co. pays interest when ordered.
G en e r a l F inances .—The receivers’ report fo r 1895 stated that about
$1,250,000 should b e expended by the year 1904 to put the road in
proper condition, in addition to $250,000 fo r air brakes and couplers
before Jan. 1, 1898. (V. 62, p. 499.)
Floating debt Dec. 3 1 ,1 8 9 5 , $433,212, in addition to receivers’ cer­
tificates, and $842,813 unpaid coupons. (V. 62, p. 499.)
E arnings .— 10 m onths, J 1896..........Gross, $1,286,603; net, $306,819
Jan. 1 to Oet. 31.
(1 8 9 5 .......... Gross, 1,244,233; net, 307,968
A nnual R e p o r t . - T he receivers’ report fo r 1895 gave a statement
o f the earnings o f the different divisions separately—See V. 62, p. 499
F or year ending Dec. 3 1 ,1 8 9 5 , earnings o f w hole road were, gross,
taxes,
floating debt,
t 1,509,746; net, $384,016; interest,$87,400; interest on gross, $1,391,23,342; balance fo r bond
$273,274. In 1894,
128; net, $235,115. In 1893, gross, $1,666,104. - (V. 64, p. 42, 423,664.)
L o u i s v i l l e H e n d e r s o n A S t. L o u i s B y . —ROAD.—Louisville
to H enderson K y., 142 miles, o f w hich W est P oint to Louisville, Ky.,
21 m iles, Is tra ck a g e; owns also Irvington to Fordsville, K y., 44 miles.
H is t o r t .—A reorganization June 1 ,1 8 9 6 (per p lan In V. 62, p. 138),
o f the L ouisville St. Louis A Texas, sold in foreclosure.
S e c u r it ie s .—The stock is to be held by John J. M cCook, Brayton
Iv es and Oscar F enley, fo r ten years, in a v otin g trust, unless earlier
term inated by unanim ous v ote o f trustees. See term s V. 62, p. 138.
O f the new bonds (trustee, State Trust Co., N. Y .), S400.000 are re­
served to build extension to Louisville. First coupon Jan. 1,1 897 .
E arnings .— 1 m onth, >1897..........Gross, $33,722; net,, $8,007
Jan. 1 to Jan. 31.
(1 8 9 6 .........Gross, 3 5 ,110 ; net, 6,225
In year 1896, gross, $4 53,9 46; net, $115,493. In 1895, gross,
$414,585. The interest charge Is $105,000 yearly.
Tear,
Gross
Operating
Real Net Extraordinary Rec’rs'
to June 30. E a rn ’gs.
Expenses.
E arn’gs.
Expenses. Net Res’It.
1894-95-----$415,506
$294,917
$120,589
$40,872
$79,717
1 8 9 3 -9 4 .... 406,400
298,483
107,917
27,864
80,053
- ( V . 62, p. 138, 233, 277, 589, 683, 869, 1040, 1177; V. 63, p. 30, 7 6 .)

L o u i s v i l l e & J e f f e r s o n v i l l e B r i d g e . —One-half m ile long and
Ihe approaches one m ile ; opened fo r a ll business Jan. 1, 1896. The
company also owns about 40 acres o f land in L ouisville and 100 acres
in Jeffersonville. The Big Four and Chesapeake A Ohio use the
bridge. Capital stock is $1,425,000; par, $100.
B o n d s .—The m ortgage o f 1895 is for $5,000,000 (trustee U. S. Trust
L o u i s v i l l e Sc N a s h v i l le .—(Nee M ap.)—R o ad .—Operates m ain line
Co. o f N. Y. and Union Trust Co. of Indianapolis); bonds fo r $2,000,000 from Cincinnati. O., toN ew Orleans, La., 921 miles, with branches to
are reserved for future construction, etc.; the bonds are guaranteed by St. Louis, M o., Memphis, Tenn., etc., 2,054 miles, m aking total system
the Chesapeake A Ohio and Cleveland C. C. A 8t. L. roads, in whose in­ proper June 3 0 ,1 8 9 6 , 2,975 miles. The system in clu d es:
terest the entire stock is owned. See V. 61, p. 559. Any deficiency in
Reported separately.
Miles.
interest is to be m et one-tliird by the form er and two-thirds by the latter. Lines owned absolutely or Miles.
through entire capital stock.
*! Nashville Flor. A Sheffield___107
- ( V . 60, p. 30 2; V. 61, p. 27 559 } 6 S V 62, p. 84.)
\
Louisville toN ashvU le.......... 185 liNashvllle Chatt. A St. L o u is..906
L o u i s v i l l e E v a n s v i l l e & S t. L o u i s C o n s o l i d a t e d .—Operates Sundry other lin e s ..................2,440 IfHenderson B r id g e ................... 10
L ines leased, <£c.
Louisville, Ky., to East St. Louis, 111., 275 m iles; branches to E vans­
if Georgia R ailroad system .......721
ville, R ockport, etc., in Indiana, 93 m iles; also owns and operates UNashville A D ecatur............ 119 Operated for other co’s ............. 79
f South A N orth A la. R R ....... 182 Owned but leased to other co ’s. 67
Venice A Carondelet, 7 miles; total, 375 miles, o f which 352 miles
49
owned and 16 miles trackage; 359 miles are steel, from 56 to 70 pounds. Other lin es................................
Portions main line operated under traokage righ ts; Louisville to New
Total o f all June 30, ’96..4,865
Total system p rop er.........2,975
Albany, 6 miles; Walnut Hill to Centralia, 7>c m iles; East St. Louis to
(IT See this company.)
St. Louis. 2ia miles. The New A lbany Terminal A Belt RR. was pur­
Organization , A c.—This com pany was chartered M arch 2 ,1 8 5 0 , and
chased in 1897 giving now term inal facilities in New Albany. I t is opened between L ouisville and Nashville November, 1859. The liabili­
thought tlie Bolt will be operated separately. V. 64, p. 423.
ties for interest on the auxiliary roads are treated m ostly as belonging
The receiver applied in Decem ber, 1896, fo r perm ission to turn over directly to the Louisville A N ashville Co. A list o f the securities owned
to the bondholders the branch, 22 m iles in length, on which are out­ and in the sinking fund June 30 ,189 6, was in V. 63, p. 658. Georgia
standing $300,000 first m ortgage bonds o f the old H untlngburg T ell RR . (see G eorgia RR . A Banking Co.) was leased In 1881 join tly to
City A Caunelton R R. Co.—V. 64, p. 42.
Central o f G eorgia and L. & N., but L. A N. claim s that the Central
RECEIVKUSHII’.—On Mar. 2 5 ,1 8 9 6 , George T. Jarvis was appointed has forfeited its interest in the lease—see V 64, p. 517.
receiver to act from May 1. (See V. 62, p. 589, 726.) Foreclosure of
F or Henderson Bridge see M iscellaneous Companies.
first and second m ortgages began in M arch, 1896.—(V. 62, p. 502.) In
Stock .—In July, 1891, it w as v oted to increase the stock from $48,March, 1897, receiver’s certificates for $324,500 were autllbrized, of 000,000 to $55,000,000 for purchase o f KeDt. Cent. RR., Ao. O f the new
Whioh $2 80,000 w ere to retire old receiver's certificates, $40,000 for stook $4,800,000 was taken by stockholders o f July 21 at 70, and
100 new oars and $4,500 for interest on Venioe A Carondelet bonds.
July 1 ,1 8 9 5 , $2,200,000 was held in the treasury. Further Inorease
C o m m it t e e s .— Consolidated B ondholders: Charles 8. Fairchild, 46 in stook to $60,000,000 authorized in N ov., 1893. V. 57, p. 596,809.
Wall Sc., N. Y., Chairm an; Wm. L. Bull, James Stillman and W. H Divid en ds >’ 81. ’82. ’ 83-’ 87. ’ 88. ’ 89. '90. ’ 91. ’ 92. ’ 93. (N one
Payne and Mayer Lehman. Secretary, Osborn W. Bright, 44 Wall St.
P ercen t. ( 6
3
None. 5stk. 5 stk . 6
5
4
4 (sin ce
N. Y. In J *n., 1896, $3,347,000 first consol. 5s liad boon deposited’.
In 1890 o f the 6 p. o. paid there was 4 oio in stock.
This comm ittee is to prepare a reorganization pian in 1897. (V 62 u
B o n d s .—The Evansv. Header. <•Nashv. bonds are drawn at 110 by lot
£
1177). Depositary, N. Y. Security A Trust Co., 44 Wall Street, N. Y.—
Y. 60, p. 522; V. 61, p. 559. First Mortgage B ond hold ers: John M annually in October, fo r paym ent Dee. 1; $30,000 a year till 1895, then
Graham, John Stites, A lfred D. F oster; depositaries, Iuternationai Increasing eaeii five years until $150,000 per year is finally reached.
Trust Co., Boston, or Fidelity Trust A Safety Vault Co., Louisville
The Pensacola Division bonds are subject to a drawing sinking fund
Ky.—V. 64. p. 664.
$5,000 till 1900, inclusive, then $10,000, and so increasing.
The general mortgage bonds o f 1880 are subject to call at 110 in in­
Second Mortgage.—G eorge W. N orton, J F. Henry and James W
B ryan; depositaries, International Trust Co., B o sto n ,o r L ouisville creasing amounts equal each year; $220,000 in all in 1894-95.
In June, 1890, the “ unified ” mortgage (trustee, Central Trust Com­
Trust Co., Louisville. K y .-V . 64. p. 661
pany) for $75,000,000 was authorized, $41,917,660 bonds being re­
C apita l Sto ck .—Common stock issued, $3,790,747; par, $100 (See served to retire all prior liens (none o f the prior liens cau be extended),
V. 56, d. 289, 113.) Iu January, 1897, $457,162 prefd. outstanding.
the balance for Improvements, extensions (at the rate o f $32,000 per

4

JEtAlLKOAU STOCKS AND BONDS.

A p r il , ls»?.|

Si

s u b s c r ib e r * w i l l c o n fe r a g r e a t fa v o r b y g iv in g Im m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e d In t b e s e T a b le s .
INTEREST OR DIVIDENDS.
Bonds— P m iolRAILROADS.
Miles Date Size, or
----------------- — ---------—
--------------------- ~ pal,When Due.
iter explanation t»f colum n Readings. A c., tee notes
of
of
Par
R *t« p er When W here Payable and by Slocks— Last
on first page o f tables,
Road. Bonds Value. Outstanding Cent. Payable
Whom.
Dividend.
loutsvUi* d XathgiUe—tC one ltidectj—
1st mert., collateral trust *7,000,000) g o ld — V —
ITnifled m ortgage far *75,000,000. gold. ...e 'A r T ex t.
St. Louis terminals. l* t inert., gold, #050,000................
Looi'VlU# Ry. Tran-. l » i m ortgage............ ......................
L. A N. and Mob. Js Mont, joint bds.. 1st
o* 179
P eni.i.V .. 1 -t M goM.fS.1.,drill ..I 1 ilJi«snii!f.| c* 160
Kentucky Central - May*vtlie A L ex. R R . tnort...
49
New m ortgage >$7,000,0001 g o ld ..................... e* 220
S o x N oJ tla ..t-t
not tlPn,guar by L A N .
199
‘M M ., guM, i t ,
l r>y L.&N.1 169
CoiuhiI. m ortgage (fur rlO,OtJO,OOt)). a.. aaar.c’
199
lu m im iu Sew Alb. A c* tr.—g f c c u m s s D ivtcbbe d H R
Stock, $6,995,' 00 is preferred.............................................
Receiver*' certificates...........................................................
Consolidated m ortgage (for $10,000,000) gold.c*
Genera! m ortgage, $25,000 p. m „ g o ld .............. r
Eqmpm't s. f. bonds, gold.# I ,000,000, see text , o'
JM b M Yattesg—Stock. Renta! pay* 5 per cent.......
3bte*m.dRirmlng.—Ux m ortgage, $ 5 00,0 00,g o ld .c
M a in e C en tra l—S tock.......................................... ......
Me. C. loan tor $1,100,000, Dane. ,Je, to Batngor.c
Extension let M., gold. Cumber!. June, to Dan..c
M e.c. 1st M , eon*.. A. B. C. 0 , (#269,300 5 * )... e4 ,
Do
do
do
(#2,007,000 4sj.e* )
Collateral trust bonds for Mt. Desert Branch . . . . c
Sinking fil. 10-20*. gold, old
ext. Feb. 1 .'9 5 ..c
Improvement b on ds," A " a a d 'B .” gold, not tuorL
Staking fon d loan .............. .............................. ..........
Me. C en t Eu. A No. Am. refunding tnort.. g old...
Portland & Ogden* stock <2 p. c. rente,!, 999 j ears)
1st m ortgage. gold. Interest guar........................ t*
Congo!. 31. #20.000 ;>. m .fguar. by e n d .)---------- e

1839 $1,000
1890 1.000Ac
1891

1,000

1,000
1881
1870
1,000
1887
1,000
1872
£200
1880 # 1,000
1880
1,000
EOKOA MZATIO
1896
1886
1390
1894
1896

100

i',ooo

1,000

1,000

20

1 .0 0 0

100

100 Ac.
500 Ac.
100 Ac.
100 A c .
1.000
1,000

M. A N- N, Y., 120 Broadway.
$5,129,000
? S' J. A
J.
do
do
15,011,000
* *M. A- S.
do
do
+34,000
M. A N.
do
do
286,000
l g'
S
do
do
4.000. 000
4% g. iM. A
F. A A.
do
do
1,808,000
J. A J. N. Y „ 120 Broadway.
400.000
J.
do
do
6.742.000
£ e - .J. A
6 g. M, A N. London, B aring Co.,L’d
£7 92,000
0 g. A. A 0 . N.Y., Office, 1 2 0B ’ way.
Own. L. A H.
F. A A. N.Y., Office. 120 B 'w ay.
$3,958,000 '
S'. (For othe ra see § h ie. In d i auapolis A Louisville.)
18, 000,000 See t e x t ....... N. Y., Office, 80 B ’ way,
6
200.000
4.700.000
6 g. A. A O. A pr., '96, coup, last pd.
d g. M. A N. M ac, *96, coup, last pd.
2.800.000
J. A D. Ju n e,’ 96. coup, last pd,
1JOOO.OOO
600,000 6M In 'f)0 Q,—J. S. Y-, Office. 13 Win. St,
J. A J. Boston, Old Colony Tr.
Portand, Me., Office.
Q,—J.
4,975,400
J. A J. Bust., N.Kev. Bk.; Port,
756,800
7
do
do
6 g. A . A O.
490.500
do
do
A. A Q.
5*7
4,193,500
do
do
3.532.000 1 4 4 * 3 A. A 0 .
5
J. * D. B o*t„ Am.L.ATtv, Port.
671.000
000.000
4ts 8. F, A A. Portland Tr. Co., Port.
4*e g. J. A J. Bust., N.Rev. Bk.; Port,
450.000

I 8'

<tj
1 .0 0 0 . 0 0 0

4 g.
4,381,883 2 per an.
6 g.
800.000
1. 31 9.000
5

J. A J. Boston ami Portland.
<j. —F. Portland, Me. Cent. Of.
J. .V J. Boat.. N.Rev.Bk.A Port.
M. A N. B»s., N. Rev. Bk. A Bog,

Nov.
July
M et.
M ay
Sept.
Aug.
Jan.
Ju ly
May
Apr.
Aug.

1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,

1931
1940
1916
1901
1945
192 T
190€
1987
1903
1910
1936

See text,
Apr. 1, 1916
M av 1, 194C
Dee. 1, 1914
Apr., >97.1 V i
July 1. 1946
Jan. 1, >97,2*o
July i, 189s
Oct, 1, 1900
Apr. 1, 1912
A pr. I , 1912
June 1, 1923
I*>h. 1, 1905
July, 1910-17
1910 by *. f.
Jan. 1, 1933
Feb., >97, 4a°i
July 1. 190o
Nov. 1, 1908

I m u l o r l l l e 8 t . l . o i i l s A: T e x a s I t ) . - 3 ke Lo u is v il l e H bju ieb «U e.tn ela 41og equipm ent), and for other purpose*. The m ortgage c o v ­
en. (beside* 1,030 m iles o f road and 10. equipment) #22.708,100 stock sox A St. Lotus R t .
o f companies controlled, and #1,190,000 bond*- free from any Uen. See * I d k e i t * V a lle y H i t . & C e t l C o .—Owns frota MHlvrsimrg, Pa., to
abstract o f m ortgage in V. 51, p. 613. Untiled bonds fo r $9,2,89,000 i Wltuamstown, P a , 2 0 m iles; branch, 1 m ile ; total operated, 21 miles,
were set free when the 10 40s were paid o ff on Feb. 1, 1890. On June ft i* a coal road leased and operated by the Northern Central 15K. since
30, I •B O *» 1Cp iA lJ reported #20,674.000 outstanding, o f which *5,-1 Ju ly, 1880, and provloasly by Summit Branch RE , Now lease to N or­
O , JJ
XT
630.000 Were held In the treasury. Total listed on N. Y. Stock Ex
thern Central m/ole A pril 20, 1996. term inable on 60 davs* notice by
change #14,094,000 In April, 1897.
either party—see v . « « 1 . p. 730. Rental #35,000 p er Annum.—V. 6*2,
L o-itt-iU t C in cin n ati * L rsln gkm general mortgage bonds for #3,' I p. ,500; V. 64. p. 330.
238,000, due N ov. 1, 1931 (form erly held la the trerewry o f !.. A S.>.
E y u c l t b u r g At D u r lia m I t H .—Merged In N orfolk A Western.
with interest reduced trim 6 p. c. to 4 * »p . e.. beginning Nov ! . 1896.
V la c o n A K i r n ilt t g lia m U y .—Owns S ofkee Ju nction to La
were sold to N ovem ber, 1896. end #2,930,000 o f proceeds used t» reGrange. Ga., 97 utiles, A roorg*nliatlou o f M acon A Birmingham
tire the L-C. A L Sw ts 7* t e Jam 1. 1897; balance M M to I . A N.
.1 8 6
w rd
Parsons o f
treasury. Original Isaac o f I* C. A L general* authorized was #?.- Railroad sold in foreclosu re Deo. 2 77,1605 . to E d o f athes * to ck o f tba
Boston, Mas*. This firm also holds
shares
s
000,000. but Issue now Umtted to #3,258,000. V. 03,p. 1010.
G eorgia dontberu A Florida, which see.
The M obile £ M ontgom ery-L aa'm M le 4 S athm lle jo in t m ortgage
S
ff>
. First m ortgage Is
t» for #5,000,000 ttnutee. Centred Trust Co.. New York!, A lin t lien for to ck *xt> BOTOs.—Capital stoek la #
#5 00,0 00; t rustee I* o
Co., Boston.
•o the 17# ittBe# or math W Mobile to Montgomery; #1,000.000) to be covered will lie aboutld Colony Trust hich 07 uiUes T he m ileage
n
%
oe.
220 tulles, o f w
were In o p er­
reserved for Improvement*. V. 61, p. 196. 750.
ation in Ju ly. 1806.
A.# to Kentucky Central m ortgage M etrop olita n Trust tic. o f New
K » k *E«0* 8 month*. > 1896 7 .............. tiros*, #45,797; dof., $fi,130
>
t M , trustee), see abetnie* V. 45, p . 372. Covington A Lexington ;
July I to Feb. 28.
{ 1 8 9 5 -6 ........ Gross. 19,905; d ef., 1,050
first* tor #219,000, due June ! . 1895, were paid.—S <», p. 1058.
Ptnm rota * M a n tle first m ortgage bond* (assumed) arc era 'u i l l * { In year ending Juno 3 0 , 1896. gross, #64,72,1; def. under operating,
#5,713. In 1891-95. gnsut,#7 8,30 3: bet. * 12,485. t V. 02, p. 1010.)
called for the sink!ag ftittd at 110: on f a t e 30, 1896, *i«i5.> 0 0 !
<< *
held is the treasury o f th e L. A N , making total uaned #2,833,000. * *f» - * ! Ik it b it ti A s a v a n n a h . —Owns road completed from
l o a n terminal prapcrlu bonds >»v,w ftclgb t tem lzutls (form erly Macon to Dublin. 51 miles; projected to Savannah,99 aille* additional.
i purchased in tsTMJ. ‘
1896,
•
m
O lt u r t n M .- B e s i d e * bond* in table, tbs Loolsv- A X t t k r . b rowpoasb
ble for #2.100,000bonds and dividend* on #2,. 105.582 stock o f Nashville UaL, murphy-, #7,030. Stock, *1,250,000; par, #1 00.—(V. 60, p. 1058.1
A Decatur (which se e n fo r Interest on *300,000 8o Dlv. Cumb. A
Ohio, and for #2.096.000 Na*bvtU« H orence A »h*fflold b o n d s - see t h a t ! M a c o n A N o r t h e r n 14p .—A bsorbed In 1895 by C entral o f Ga. Ry
M a in e C e n t r a l.—U n o o f road, Portland to V anceboro. Me., vta
company.
O k x e k *!. FtNASCKa. A c. - F o r 1896-97 estimate*! Interest charges are | Augtuta, 251 m iles; branches, Cumberland Junction to Skowhegan,
91 m ile*: Bath to Lewiston and Farmington, 7 6 m ill's; branches—
*4,957.067. (V. 63, p 654.1
■O J a m 3 0 ,1 #96, bill# payable were *167,331. Thera w as #2,200,- Belfast, Dexter, Buekaporl and Mt. Desert Ferry (7% ialles>,133 m iles;
b
000 L- A N . stock In treasury, and *t*> * 5 .« -* 0 .o o o o f • uattic-1 t o m ," Portland A Ogdensburg RR.. Portland, Me., to Luueuberg, 109 m iles;
•
small b ran ebc*,» mlleisi lippor 06t>» and Hereford railways, Lunenberg,
hint® Ja ly 1,1894, the * coaktxnction aeeoant** has been closed.
*
la 1897 and 1898 the com pany Will h ave refundtd at a low er rate at H. Bn to Lime Ridge, Quebec, 108 mile#; Bath t o R ockland {including
Interest about *10.000.000 o f 7 per cent bond- Louisville Cincinnati stem s fMTFiS-10 m iles.: 48 uiUes; total. 822 m iles,of which 345 m iles
A Lex. general* tor # 3,358,000 w ere sold In N ovember. 1896, interest oarnwL 429 relic* operate*! under 8119 year leases, and praottoally
ow n ed; #3 mites operated under 5 0 your lease- aadfi ntHos ferry linns.
reduced from 6 to 4% p «. - see above.
O ho Affix x r io * .— A consolidation la 1802 o f the A ndroscoggin A K en ­
Latxst F .»av isos.- 8 ni. I 1800 7 .ilr o * s.* l l.7 fi3 .2 «l: net, *4.550,582
the FenobseotA K ennebec, Into whleb havostnee
Jnly l to Feb. 28.
f t # # # * G row . l4.tr25.H 9; net. 5,0*1,924 nebec andA Kennebec, Som erset A Kennebec and I s' inK a lifOti m erg ed
the Fort.
F arm ington
Earning* m il charge* tor the h a lf year have .been ■
R R .C o. Stock tor #2.910.0001* ow ned by Boston A Maine. In Janu­
6
tjrori
Set
fn * 4
inker
I f f other ary, 1897, proposed to Issue stock fo r im provem ents.—see V, 64,p .2 3 4 .
end, tier,:il. mrningt. earning*. rharg-t.
incom charge*. D iv itig ffp s - I 1882.
e,
1883.
1981 to Jan-, 1997.
1896,rat'd *t0 .»7 ?4 H ft #3 .8 2 «,2 »a #2,822.681 #334,064 #247.223
Percent f
2
5%
a yearly
1895. *CT» 10,130,061
3J>8t.4l2
2,8*4,170
178,126
134.785
BOffDi, GCkJUffiUM.—Oonsol* of 1372 are held In trust to retire all
Which leaves a balance o v e r ail. charge* tot *i,% month* o f #978,406 In
underlying Iwm at matmity.
ds
1896. sg »lu .-t# M «H ,« t3 In IffiM E -M r V. 64. p. 1 3 4 .287.
There wen* also on June 30, 1-06. #76,000 Shore Line 6«, due 1923;
AltlfCaL R rjvibv. —Anim al m eetfhg I* b«14 to Lonlsvilto the tlmt Wed
95 06 la fa ll la V. 03, p. 643. 633. also *150,000 Belfast A Moose-head Lake mortgage Bonds, due 1920,
se sd a y fa October. R eport tor 199
not guaranteed. Interest and sinking fond paid out of the rental.
See also editorial p. 628.
i s ' " ------ Jointly with B. A M. guarantees *300,000 Port. Union Station bond*.
1895.
1894.
1893.
I
Tear* end, Jane 90,
1.896.
2,956
2,943
S FMUTfffO. D kut.—Note# payable were *023,000 on June 3 0 ,1 8 9 6 ,bu t
Average m ile a g e .,.,
2,963
2,956
arrangem ent- were being m ade to fund this. See V. 63, p. 599.
Freight earnings..,. 11.324.906 13.537,099 12,901,114 16,450,163 I AffffVAt Rnroirr.—Fiscal year ends June 30 iformerly Sept. SOI.
4,600.961
5,213.533 Annual raccWng3d Wednesday in October. Report for the v«tr ending
4.u«<i.7.'.l
Fawenger*...............
4. .370.134
1,472.203
1,730,043 June 3 0 .1 8 0 6 . wa- in V. 03, p. 599.
1,369,741
JialL exprees, e tc ...
1,3*9,094

IVar# ending June 30-

1890.

1803.

1894.

#4,814,401 #4,055,58
20,390.711 19 , 2 7 3 , 9:11 18,9742137 22,403,039 O roe- earnings....... .................... *4.995,318
Gross earnings
1,077.899
1,016,601
8,020.096 Net earning*.............................. 1.HI5,800
7,110.552
Sel earning*.......... .
0.883.505
6.998,221
51,800
52,530 (Inc. in gross)
8,437,105 Other Incom e.................... . . t
7 ,3 8 2 ^ 4 0
Net, Incl. Invs'ts., Ac 7..D 1,8 7 7,361,404
579.538
369,3*6
606,369
Taxes paid ----- -------a79,9«ll
$1,730,429
$1,010,601
Set Income ................... ....( ^ 0 6 7 ,7 2 0
6.065.277
Interest and rent....... 4,983,096
5.013,738
Interest...... ...................
637,834
19:2.772
24.784
Georgia KR. deficit, .
37,870
108,264
1,321,771
649,51
646,706
127,043 R ente.............................................
89.980
139.930
ham m. other road.*....
90.025
298,501
298,51
298,519
24
225.737 D i v i d e n d * ....................................................................
Ut.010
AArtsteS-AN. A., etc.
701,556
173,000
Slaking fund paym't*
186,947
*122,371
def. $3,071
#81.852
Balance, surplus......... .
Sure, over charge* . . .#1,377.504
#70OJj85 #1.532,400 #2.522.351 ~ !V . <13, p. 5 9 9 , 052; V. 6 1, p. 234.)
M anchester A: Augtiata.—Road from Darlington to Denmark,
- i V . 61. p. 134, 'EM. 2 a ~ .0 n .6 t c .!
L o u i s v i l l e N ew t l b a n y & r i i i r a g n K y .—A dd In foreclosure 8. C., 102 miles; Croaton to Pregnalls. i l miles; branches 24 mile*;
March :0 , 1807. and M in g reorganlred per plan m V. 63. p. 7 " 2 , 022. total. 107 miles. Part of Atlantic Coast Line.
St o c k .—Cap ita l s to c k U u u th o rite d a t # 1 0 ,0 0 0 p e r m ll o o f c o m p le te d
as the Chi .ago Indianapolis A Louisville— which see.
.----------- —---- And rerctre— ------------- - road. Outstanding J uno 30. 1890. $693,200.

Bonus.—First mortgage 5s arc limited to $15,000 per tulle and $200,
Cash. 000 tor terminals. Under ajoint traffic contract with the Richmond
'*37 50 Fredericksburg A Potomac, RlcUmom A Petersburg, Petersburg RR.,
Norfolk A Carolina, Wilmington A Weldon, Wllm. Col. A Angusto aud
1060 OJ
15417 FloiWDOC BR., those oompanfes u r n to sot aside monthly 20 per cent
of gross receipts from traffic with Manchester A Augusta, same to be
$100
' i id
used each year to make tip any deficit for interest on M. A A. bonds
Kb*
7 SO
5 Note—
The new bonds to be given in e svii.wg-' tot tin ■ nnsut* bear Charleston A Northern division “ B ” bonds, $425,000. are guaranteed;
they arc also endorsed In' tins North Knstern RR. and the Wilmington
6 per cent Interest, all the otilers 5 per c e n t
secretory o f R corgaallatlon O M a t t w J. S. Waltavc. Centra! Trust Columbia A Augusta RR ; they cover the 78 miles purchased at fore
closure of the Charleston Sumter A Northern.
Co., 54 Wall street. New York. Y .64. p.755.
P anin

Sue

Holder* a j :
each.
Rond*.
Consol, bond*. %t'.ooo... . Nil.
E**909
2:0
Gets, tnort bea ds,$!.<*>> Nil.
g'tulp. bo oil*. # 1 .1)00 . .
loco
Nil.
Preferred stock,
o . . . #7 50
Comon.n stock, *30 }
7 50

S rm l’ref. Sen Cam
M t

*50 IH )

man ttock.

8S

INVESTORS’

SUPPLEMENT

[V ol. L X IV.

S u b s c r ib e r s w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .

Bonds—
Princi­
INTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal,^When Due.
Am ount
of
Par
R ate per W hen Where Payable, and by Stocks—Last
of
For explanation o f oolumn headings, Ac., see notes
Payable
Road. Bonds Value. Outstanding Cent.
Whom.
on first page o f tables.
Dividend.
Maine Central—(Gonr.luded.)—
European A N. Am. stock, 5 p. c. rental 999 years
Dexter A Piscataquis stock 5 p.o. rental 999 years.
1st M.. Dexter to D ov ei, etc., guar, by e n d .......
Hereford R 'y stook (4 p. o. rental for 999 years)..
1st mortgage, guar. p. A 1. (endorsed).................
Upper Coos RR. stoek, 6 p. o. rental 999 years.
1st mort., guar. p. A 1. (endorsed).........................
Extension M., $21,000 p. m., guar. p. A l.(end.).
K nox A Lincoln stock, guar., 5 p. o., 999 y e a rs...
1st M. Penobscot Shore Line RR. Co., assumed.
K. A L. 2d mortgage (for $400,000) assum ed...
Dexter A Newport, stock, 5 p. c. after Nov. 25,’98.
Eastern Maine, stook, 4 ^ p. ot., rental 999 years
Manchester < A ugusta—1st M. ($960,000 guar.),g.c*
£
Charleston A Northern 1st m ort. “ B” guar., gold.
Manches. < Law.—Stook,10 p.e.ren’l till 1937.B. AM.
£
Real estate bonds (not mort.) Int. gu. by B.A M-c
Manhattan Elevated.—Consolidated stook................
Metropol. El. 1st M., $600,000 p.m ., assum’d.g.o*
2d m ortgage (assumed).......................................o*
N. Y. El. aeb., secured by consol, mort. o f 1890..
Manhattan Elevated consolidated mort., gold..o*
Mason City & Fort Dodge—lstm .$15,000 p. mile, g.
Bonds o f 1880, secured by old morts.in trust, gold.
Old 2d m ortgage bonds, extended......................... c
Cons. M. o f '77 with 1st lien on 93 m. in Tenn., g.c*
Consol, m ortgage o f 1877, gold .............................c*
General m ortgage, gold ....................................... c&r
P roposed S ecurities Under I selin P lan .
1st M., g. (*ee text) 4% 5 yrs.^Hi'S 5 yrs.,then 5% .
Incom e 5 p. o. non-cum ulative................................

114
17
17
53
53
22
22
33
48
48
48
14
18
65
78
22

....
....
....

1889
1890
....
1890
1890

....

1890
1891

....

1893
1895
1892

36
18
18
32
32
92

1878
1879
1886
1890
1886

293
200
293
293
293

1880
1867
1877
1877
1884

293

1896
1896

—

$100
100
1,000
100
1,000
100
1,000
1,000
100
1,000
1,000
100
100
1,000
100
1,000
100
£ A $
1,000
1,000
1,000
100, &c.
25
1,000
1,000
1,000
1,000
1,00 J

$2,488,700
110,000
175.000
800,000
800,000
350,000
350,000
575,000
200,000
1,300,000
350,000
122,000
200,000
1,108,000
425,000
1,000,000
274,000
30,000,000
10,818,000
4,000,000
1,000,000
24,065,000
1.380.000
5,312,725
2.155.000
105,000
1,400,000
864,000
1,000,000
5,083,200
5,000,000

5 per an.
5 per an.
4
4 per an.
4
6 per an.
4
4^
5 per an.
4
5
6 to 5
4hs p. an.
5g.
4 g.
10 p. an.
4
6 per an.
6 g
6
5
4 g.
6 g.
7
7
7
7
6

A. A C.
J. & J.
J. A J.
M. A N.
M. A N.
M .A N.
M. A N.
M. & N.
F. A A.
F. A A.
F. A A.
M. A S.
M. A N.
J. & J.
M A S.
M. A N.
J. A J.
Q --J J. A J.
M. A N.
M. A 8.
A. A O.
J. A J.

g- J.
J.
g. J.
g. J.
g. J.

A
A
A
A
A

J.
J.
J.
J.
J.

B angor, Treas. Office.
D over, Me., Office.
Bost. N. Rev. Bk., Port.
Portland, Me. Cent. Of.
Boston, Mass. Nat. Bk.
Portland, Me., Office.
B ost., N. Rev.B k.; Port.
Portland, Me., Office.
P ortl’d,Me.,Me.Cent.Of.
Boston, Nat. R evere Bk.
do
do
D exter, Me., Office.
R ockland, Me., Office.
Balto., Safe Dep. A Tr.

Oct. 15, 1896
Jan., ’9 7 ,2hi%
Ju ly 1, 1929
Nov., 1»96
M ay 1, 1930
Nov., 1896
May 1, 1930
May 1, 1930
F ’b. 1 /9 7 ,2 ^ %
Aug. 1, 1920
Feb. 1, 1921
Sept., 1896
N ov., 1896
Jan. 1, 1943
M cb. 1, 1915
M anchester and Boston. Nov. 2, 1896
Boston, B. A M. RR.
Jan. 1, 1922
N. Y ., 71 Broadwav. A pr. 1 /9 7 ,1 %
N. Y ., M ercantile Tr. Co. July 1, 1908
do
do
Nov. 1, 1899
N. Y ., M ercantile Tr.Co. Mcb. 1, 1916
do
do
Apr. 1, 1990
In default.
July 1, 1926
July,’94, paid Jan. 2,’97
J u ly,’94, paid Jan. 2,’97
J u ly,’94, paid Jan. 2,’97
Ju ly,’94, paid Jan. 2,’97
July, 1892, last paid.

4 to 5 J. A J. 1st coupon Jan. 1 ,1 897
5 if ea’ d
N ew York, if earned.

Jan.
Jan.
Jan.
Jan.
Jan.

1,
1,
1,
1,
1,

1915
1915
1915
1915
1924

1996

The Atlantic Coast Line Co. guarantees $900,000 M anchester & A u ­ Cromwell, W. Em len R oosevelt, Edward N. Gibbs. In Jan., 1897, this
gusta firsts, principal and Interest.
com m ittee was proceeding with foreclosure, preparatory to carrying
E a r n i n g s . — F o r year ending June 30, 1896, gross, $183,009; op. exp. out the p lan outlined below . V. 64, p. 41.
Committee f o r general mortgage 6s; Simon B org, J. Kennedy Tod and
and taxes, $171,431; other incom e, $'26,198; bal., sur. fo r year, $37,A lbert S. R oe; depository. Central Trust Co., N. Y. Tuis com m ittee
776. In year 1891-5,gross,$33,146. V. 61, p. 1065.
which represents a large m ajority o f the general m ortgage bonds’
T i n n o l i e s t e r Sc L a w r e n c e .- O w n s from Manchester, X. 1 , to
foreclosure proceedings
prior lien bond3.’
Methuen (State Line), 22H miles. Leased for 50 years from September is opposing theo f this com m ittee’s plan inunder the 821, 869.
See fu ll details
V. 62, p.
1 ,1 887 , to Boston & Maine at a rental paying 10 per cent dividends.
I s e l i n P l a n . —Tiie plan o f the Iselin C om m ittee p roviding for a
In June, 1895, a dividend o f 50 p ot. was paid on the capital stock out
lease o f the road for 99 years to the Southern R tilw a y was given in V.
o f m oney received from C. & M. suit. (V 62, p. 869.)
62, p. 457. Under the lease the Southern Ry. Co. is to pay to the
M a n h a t t a n R y . ( E le v a t e d ) . —ROAD.-Controls and operates all the
m ortgage trustee a sum suifioieut
on
elevated railroads in X. Y. City, its main track aggregating 32 miles. first m ortgage bon Is (which will also c ovto pay all interest also the new
first
er t le lease),
interest
Besides those it owns and operates the Suburban R. T. R R ., 3% miles. on its incom e bonds (or preferred stock if substituted and
tberefor) to ex­
H i s t o r y , E t c . — Formed Nov. 24, 1875. In May, 1891, $4,000,000 tent of surplus net earnings. Over 98 per cent o f tbe 7s have been de­
stock was issued to. acquire the Suburban Rapid Transit RR., ow ning a posited with this com m ittee—see V. 63, p. 310; V. 61, p. 373.
bridge across the Harlem River, and a road in operation to near 171st
The new securities proposed are shown in table at top o f page. Ot' the
8t.,N . Y ., 2ks miles. V. 52, p .642 .
$6,500,000 new firsts $1,416,300 are reserved for future construction
purposes, while $1,500,000 additional, m akiug $8,000,000 in all lor
B o n d s .— Consolidated mortgage (trustee, Central Trust Co.) is limited
on present mileage to $40,000,000, and will provide for prior bonds bonds secured bv another m ortgage) for an extension to Chattanooga
Exchange o f Securities.—Old bonds and old stock w ill r e c e iv e :
when due. Amounts beyond $40,000,000 m ay he issued for extensions
------- "Will receive-------,
at the rate o f $300,000 per mile o f Bingle and $600,000 per mile of
S olders of—
New firsts. Incom es.*
double track. (See abstract o f m ortgage in V. 51, p. 248, and applica­
tion to New Y ork S tock E xchange in V. 52, p. 353.) Of the consols Tennessee lien bonds, first and second m ortg a g e) $1,200
$400
exten’d 7s for each $1,000 (all coup, attached. (
the oom pany itself in Ju ly, 189o, held $300,000 against “ special acConsol, m ort. 7s do
do
do
do
800
1,200
oou n t” and $52,000 consols to redeem convertible certificates.
General m ort. 6s do
do
do
«o
.........
1,500
G e n e r a l F i n a n c e s . —There are considerable claims pending against
Common stock $ 1 0 0 ,paying $ 1 p er $25 sh a r e ...
.........
10
the com pany for damage to property on the lines, and many o f these
are before the courts. See C h r o n i c l e V. 62, p. 414.
* Or preferred stock if substituted.
In June, 1895, consol. 4s fo r S8,925,000 were sold to take up $8,F loatin g D ebt .—On June 3 0 ,1 8 9 6 , bills payable (E. T. Va. & Ga500,000 N. Y. E levated 7s called fo r paym ent Jan, 1.1896. B y the
refunding o f the 7s the saving in interest charge is $238,000 annually. loan) were $139,564; balance due receivers, $1 28,6 70; interest on
The saving fo r the year 1895-96, however, was offset by the fa ct that bonded debt due and unpaid am ounted to $1,031,700 (interest due
until Jan. 1 ,1 8 9 6 , both the 7s and the 4s issued to retire them w ere Jan. 1 ,1 8 9 4 , on all but general m ortgage o f 1834 having been paid.
drawing interest. In O c t , 1896, $810,000 and in Jan., 1897, $282,000
E arnings .—8 mos., >1896-7.............Gross, $9 32,0 77; net, $255,871
(available for im provem ents, etc.) consols w ere listed, making total on
July 1 to Feb. 28. (1 8 9 5 -6 .............Gross, 98 8,43 4; net, 264,232
list $24,065,000.
A nnual R epo rt .—Fisoal y ear ends June 30. R ep ort o f the receivers
D ivid en ds .— >’84. '85. ’86. ’ 87. ’88. '89. ’90. ’ 91-96. '97.
fo r 1895-96 was in V. 63. p. 554, show ing :
Since '83. P. Ct. ( 3
6
6
6
5 Bee below. 6 yriy. Below .
1895-96.
1894-95.
1893-94.
1892-93.
1891-92.
In 1897, Jan., 1 ’4 p. o.: Apr., 1 p. c. (see V. 64, p. 517.)
G r o ss... $1,348,537 $1,202,273 $1,274,818 $1,520,241 $1,531,514
In 1889 1 in cash and 4>a in scrip; in 1 8 9 0 ,4>a cash and 1 ^ scrip.
N e t.......
288,281
172,548
203,262
293,709
307,281
L atest E arnings . —For six months ending Decem ber 31;
- (V. 63, p. 30, 310, 5 5 4; V . 64. p. 42, 83, 373.)
6 »W 8 . Gross.
Net.
Oth. inc.
Int. & taxes. Bat., surp.
M e r i d e n W a t e r b u r y Sc C o n n e c t i c u t R i v e r R R . — Cromwell,
1 8 9 6 .. $4,443,488
$1,836,652
$93,193
$1,410,842
$519,003 Conn., via Meriden to Waterbury, Conn., 30 m iles. R oad is not now in
1895.. 4,572,307
1,844,976
139,940
1,613,180
37 1,73 6
operation, bu t it has been p rop osed to operate it b y electricity. See
Dividends for the six mouths (at 6 p. c. per annum) oall for $900,000 report New England R R ., V. 63, p. 698.
Loans and bills payable Dec. 3 1 ,1 8 9 6 , $774,000.
M e x i c a n C e n t r a l ( M e x i c o ) .— ("See M ap.)—Mileage—Main line
A n n u a l R eport —Annual m eeting is held the second W ednesday in M exico City north t o Juarez City, 1,224 miles, 406 miles on Tampico
November. R eport fo r y ear ending June 30, 1896, was given in V. 63, Division, 11 miles on Guanajuato Branch, 161 miles on Guadalajara
Division and 17 miles on the San Bias Division, 44 miles on Pachuoa
p. 310, and fo r j ear ending Sept. 30,1896, in V. 63, p.876.
Division, Bar exten sion 6 m iles, and other branches 7 m iles; total Dec.
Year ending June 30—
1896.
1895
1894.
3 1 ,1 8 9 6 ,1
Gross earnings............................ $9,256,931
$9,397,570 $10,153,576 ,8 7 6 m iles. A ll standard gauge and 56-pound steel rail.
O rg a n iza tion .—Incorporated February 25, 1880, under the general
Net over operating e x p .............. 3,725,973
3,983,605
-------------4,621,536
Other incom e...............................
232,520
287,135
311,678 law o f Massachusetts, and also holds a oharter from the M exican Gov­
Interest, rentals and taxes___ 2,840,397
2,748,694
2,600,567 ernment. D ebt readjusted in 1889—see V. 48, p. 191, 292, 327.
D ividends.....................................
1,800,000
1,800,000
1,800,000
S u b s i d y .—Jan. 1 ,1 8 9 6 , there was left o f the subsidy in trust $3,377,120, to be used w henever necessary fo r tbe paym ent o f principal and
Balance after d ivid en d s...def.$68 1,904 def.$277,954 sur.$532,647 interest o f the consolidated m ortgage bonds, $275,000 having been so
Yr.8ep.30. Passengers. Earnings. |Yr.Sep.30. Passengers. Earnings. used in 1895. Of the $3,000,000 o f M exican G overnm ent bonds re­
1886- ~8 7 ... 158,963,232 8,102,662 1891-92..215,122,575 $10,903,579 ceivable under Tam pico H arbor concession fo r a dspth o f 22 feet,
- --$2,790,000 (in M exican Governm ent 6 per cent bonds) had been re­
1887- 88...171,529,789 8,673,871 189293..219,621,017 11,137,051
1388-89... 179,497,433 9,080,881 1893ceived in A pril, 1895, corresponding to a depth o f 20 feet, and these
94..196,159,323 10,138,143
1889- 90...185,833,632 9,388,681 l£ 9 4 -9 5 ..188,072,645
9,745,927 were exchanged in 1895 fo r $2,934,600 o f 5 p. c. G overnm ent bonds.
1890- 91. .196,714,199 9,959,710 1895-96.. 183,437,244
9,352,115
B onds .—Tbe $7,000,000 priority bonds w ere paid off with proceeds
- V . 63, p. 3 1 0 , 652,794, 8 7 6 ,9 2 2 ,1 1 5 9 ; V. 64, p. 42” 83,*134,373" 517.') o f subsidy eoliections, interest ceasing A pril 10, 1891. See V. 52, p.
M a r i e t t a Sc N o r t h G e o r g i a .— See A t l a n t a K n o x v i l l e & 390. Of these $1,403,000 were canceled and balance are held as invest
N orthern R y .
ment b y Trustee o f consol, m ort. T be consol, m ort. 4 p. c. (trustee,
Boston Safe Deposit A Trust Co.) cover tbe entire p roperty, all old firsts
M a s o n C it y Sc F o r t B o d g e .— Owns road from Mason City, la
to Lehigh, la ., 88 miles, and branch, 4 miles. Stock authorized $ 5 - deposited, and tbe subsidy earned and to be earned. (Bee abstract of
mortgage in Ch ronicle , V. 49, p. 177.) B oth series of incomes are
000,000; outstanding, $920,000; par, $100. In year ending June 30
1896, gross, $168,327; net, $6 5,85 0; charges, $90,800; balance’ non-cumulative and secured by one indenture to tbe American L. A T.
deficit, $24,950. In 1894-95, gross, $ 128,612; net, .$23,180. N et cur­ Co. First consol, incom es received 3 per cent interest July 10,1890, and
rent liabilities Juno 30 ,189 6, $842,352, including unpaid coupons 3 per cent in July, 1891, and 1892, resp ectiv ely ; none since.
$828,000. President, M. C. Healion, o f St. Paul.
coupons,
G en eral F inances .—In M ay, 1896, $800,000 consol. 4s w ere sold
M e m p h i s Sc C h a r le s t o n R R . — R o a d .— Owns from Memphis to for im provements. V. 62, p. 949. On Jan. 1 ,1 896 , notes outstanding
Stevenson, Ala., 272 miles; branohes to Florenoe, etc., 20 miles - leases were $1,000,000, tbe same as in 1894; interest due and accrued, $1,197,
84 0; accoun ts payable, $624,775. Notes and accounts receivable Jan.
to Chattanooga, 38 m ile s; total, 330 miles—largely 56 pounds steel.
1, 1896, $9 37 ,3 1 9 ; cash on hand, $1,274,194. Tam pico Harbor Co.
R e c e i v e r s h i p , E tc .—The Southern Railw ay Company owns $2 656 - bonds o f 1894 for $3,396,000 (all ow ned in June, 1896, by the Mexican
525 o f the stock, but right to vote thereon was contested. (V 50 n Central) are guaranteed.—(V. 62, p. 869.)
703: V -5 2.P -S 31.) Receivers appointed in 1892, Henry Fink and ’ C.’
M. McGhee. Large expenditures for im provem ents are said to be neces­ E arnings .—M exican cur. ( 1 8 9 7 ....G r o s s , $2,081,125; net, $709,909
Jan. 1 to Feb. 28 (2 mos.) (1 8 9 6 ... Gross, 1,598,559; net, 537,285
sary. V. 56, p .8 8 2 . Foreclosure sale under the 7 per cent consol m ort­
gage has been ordered. V. 64, p. 373.
A nnual R eport —F iscal year ends Deo. 31. The results for 1896;
partly estim ated are shown below . T be gross earnings below are
Coupon P ayments — Coupons due Ju ly 1, 1894, e x cep t on general
m ortgage, were paid Jan. 2,1 897 , at Chase National Bank, New York. Mexican curren cy; all other figures U. S. currency. The company re­
ceived fo r its M exican dollars an average o f 5 3 1 7 cents In 1896, 52-95
C o m m i t t e e s .— F or 7 per cent bon ds: Adrian Iselin, Jr., Frederic in 1895, 51-87 in 1894, 62-02 in 1893 and 68-26 cents In 1892.

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84

mVESTOKS’

SUPPLEMENT,

[V ol . L X IY .

Bonds—P rinci­
INTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal,When Due.
Amount
Par
When
ayable,
of
of
For explanation o f colum n headings, &o., see notes
Outstanding Rate per Payable Where P Whom. and b j Stocks—Last
Cent.
Road. Bonds Value.
Dividend.
on first page o f tables.
M ex ica n C en tra l—Stock, $25,600 per m ile..........
1st m ortgage (unassented) and scrip .....................
Consol, mortgnge, $32,000 per mile, g o ld ..--C .tr
1st cons. Inc. and sorip.non-oum, ($9,G00p.m.),g.c*
2d oon.tnc.$6,400p.m.red.at50p.e.till Aug. 19290*
Registered Income bonds and scrip, unassented.r
M ex.lndustrials Ry.—1st M .,$ 1,500,000 p.&i.U.S.g.
i f exfeaa/n/cranH onaf—lstM .,$ 3 0 ,0 0 0 p .m ., g.o\tr
M e x lc a n N a tio n a l—Stock........................................
1st
subsidy, gold, subieot to call at 100— c '
2dM .,ser."A , g.,tne. accum. (for $16,675,000)0*
2d M.,ser.“ B,” g.,tnc. non-ac. (for $16,675,000).r
3d mortgage, deb.lbicom e not cumulative) gold .r
Hex. N at'lBy. Co., Lim ited—A. otfs., 5% non cu m ..
B oertlficiitos................................................................
Mexican Northern—S tock............... . . . . . . . . . . . . . . . . . .
1st mortgage, U. S. gold coin, s. f. n ot called.o*Ar
Mexico Cuernavaca d Pacific—
1st m ortgage, gold, $25,000 per m ...................... .
M ic h ig a n C e n tra l—S tock..........................................
Consol, inert.—now 1 s t M. ($2,000,000 are 5 s )..c ’
M. C. Michigan A ir Line, 1st m ortgage............cAr
M. C. 1st M. on Det. & Bay City ($ 4 ,0 0 0 ,0 0 0 )....o
do
do
do
...r
M. C. 1st m ortgage on Grand R iver Val. R R ... .c*
M. C. 1st mortgage on Kalamazoo & 8. H a v e n ... r
M. C. 1st mort. on Term. HR., $1,500,000.---- CAr
Grand R iver Valley stock, rental in perpetuity...
Det. & B. City bonds, endorsed, no mort. lie n ...o
Bridge bonds, endorsed, no m ortgage lien .........
Jack.Lans.A Sag. stock, 3*0 p.e. y ’rly.guar.by end.
Cons, mortgage, assumed, extended in 1891.. o*
Bay City & Battle C „ 1st M., gold, gu.p.& 1. end.o*

1.832
1.832
1.832
616
1.064
1.064
1.064
1.064
83
83

1881
1889
1889
1889
1881
1896
1892
1887
1887
1887
1887
1896
1896
1890
1893
’72-’ 82
1890
1881
1881
■79-’86
1889
1896
1872
1873
7i& 80
1889

$100 $47,909,100
1,000
557,000
(7) 4 j . & j .
1,000
58,90^,000
4 g- J. & J.
1,000
July 10
17,282.400
1,000
11,235,000
I s1,000
407,200
Ju ly 1
3
1,000
See text.
6 g. J. & J.
1,000 14.637.000
4 g. M. & S.
100 33.350.000
1,000
11.410.000
6 g. J. & D.
500 &c. 12,205,000
6 g. M. & S.
500 &c. 12,265,000
6 g- April 1.
7,040,000
1,000
6 g. May 1
£2,016,250 See text. M. & S.
£1.567,000
April 1
100 $3,000,000 See text. Quar’ ly.
1,000
See text.
6 g. J. & D.
1,000,000
5 g.
18,738,000 See text.
100
1,000
10,000,000
7 & 5
l.OOO&c
2,600,000
4
1,000
l.OOOifcc | 3,576,000 $ 5
1 5
1,000
1,500,000
6
700,000
l,000& o
5
l.OOO&c
500,000
4 g.
100
491,200 5 per an.
1,000
274,000
8
1,000
150,000
8
100
2,000,000 3 ^ p. an.
1,000
2,054,000
5
1,000
250,000
g.

M e x i c a n C e n t r a l —Concluded—
INCOME ACCOUNT— (U. g. CURREN CY E X C E P T AS IND ICATED),

r e a r ending Dec. 31—
1896.
1895.
1894.
1893.
A v ’g em iles o p e ra te d ..... 1,860
1,860
1,860
1,847
Gross earn’gs, Mex. cu r.$10,208,020 $9,495,866 $8,426,025 $7,981,768
Net earns. Mex. cu r........ $3,463,747 $3,896,475 $2,966,350 $2,845,588
Do
do
in t r .s . c u r .... 1,841,515 2,063,157 1,538,698 1,764.823
Subsidy acc’t in U. 8. cur. 300,000
275,000
750,000
500,000
Miscellaneous in U. S. cur. Net debit.
186,472
142,460
.........
Total net incom e...... $2,141,515 $2,524,629 $2,431,153 $2,264,823
Interest on bonds............. 2,322,640 2,306,600 2,306,888 2,226,962
Miscellaneous............(net est.) 4,500
208,281
188,449
16,387
Balance........................df.185,625 sur.$9,748 df.$64,184 sr.$21.474
— (V. 63, p. 968 ; V. 64, p. 4 6 5 .)
M e x i c a n I n d u s t r i a l K y s .— Road was under construction. Capital
stock, $400,00 ; par, $100. Bonds offered in June, 1896, $150,000 to
be sold at that time and $350,000 shortly afterward. B oston Safe D e­
posit & Trust Co., trustee. (See V. 62, p. 1177.)
M e x i c a n I n t e r n a t i o n a l R B . - (See M ap)— R o a d .— Owns in
M exico a standard gauge road from Ciudad Porflrio Diaz, on
Southern Paeiflo, via Torreon, on M exican Central, to Durango, 540
miles, with branches, 76 miles; new branch to Tlahualilo, 50 miles,
was opened Sept. 2 3 ,1 8 9 6 : total operated, 666 miles. A branch to the
coast is under co n stru ctio n - see map.
St o c k .—Authorized $25,000,000; issued Jan., 1896, $16,975,000.
BO N D S.— Under the first m ortgage o f 1892 (trustee, M etropolitan
Trust Co. o f N ew York) bonds may he issued at not exceedin g $30,000
per mile o f road constructed or acquired. The bonds are payable
both principal and interest in United States gold coin. See application
to New York Stock E xchange in full. (V. 57, p. 181.)
E a r n i n g s — Mex. eur’oy. < 1896
Gross, $2,667,097 ; net, $995,651
Jan. 1 to Nov.30 (11 mos.) (1 8 9 5
Gross, 2,378,669 ; net,
924,743
A n n u a l R e p o r t .— R eport for 1895 was given at length in V. 62, p.
663, 680, 687, showing earnings as follow s: Gross on average o f 588
miles, $2,664,126 (M exican ourreney); net, $1,066,771; in U .S . m oney,
net, including other incom e, $5 50,0 28; interest, etc., $571,104; bal­
ance, deficit, $21,076. In 1894, gross (M exican currency), $2,169,121;
net, $887,305. Pre-ident, C. P. Huntington. New Y ork oilice, 23 Broad
8t. (V. 62, p. 85, 6 6 3 , 6 8 0 , 6 8 7 , 909; V. 63, p. 559.)
M e x i c a n N a t i o n a l R B . — Owns narrow gauge road from Laredo
to City o f M exico, 842 m iles; Acam baro to Patzuaro; 96 m iles; E l
Salto branch, 45 m iles; Matamoras to San Miguel, 76 m iles; small
branches, 5 m iles; total owned, 1,064 m iles; controls through ownersnip o f stock, Texas Mexican Railway, Corpus Christ! to Laredo,
Texas, and branch, 163 m iles; other lines, 5 m iles; total 1,232 miles.
Gauge, 3 fe e t; rail (steel and iron) 40 and 45 pounds to the yard.
H i s t o r y . —A reorganization o f the M exican National Railway fore­
closed May 23 ,188 7. See also M ex. National Ry. Co., Limited, below.
S u b s id y .— In March, 1895, holders o f first m ortgage [a lso called prior
Hen] bends accepted the plan fo r conversion o f unpaid subsidy certifi­
cates into M exican G overnm ent 5 p. c. bonds, uncollected subsidy,
$3,335,685, to be settled by deposit o f $4,544,300 o f M exican G overn­
m ent 5s as security for the firsts o f 1887.—(See V. 62, p. 593,11 39.)
S t o c k . —Stock, $33,350,000 (par $100), placed in trust w ith the
Farmers’ Loan & Trust Company, leaving the road in control o f 1st and
2d m ortgage bondholders until it earns and pays interest on both olasses
o f bonds for two consecutive years. The first m ortgage bonds have
tw o votes [23,064 in all], the 2d mortgage, A. & B., bonds one vote
each [24,530 in all). The Mexioan Nat. Construction Co. ow ns a m a­
jority of the stock and $7,000,000 o f the Incomes.—See V. 63, p. 1115.
Capital reserve fund Jan. 1 ,1 8 9 7 , held $734,786.
Bonds .—Tlie first mortgage o f 1887 Is a prior lien upon all the
lines in Mexico, constructed or to be constructed, and upon the Texas
M exican securities. The bonds are redeemable on notice at par. Trus­
tee? Hugh M. Matlieson and Capt. W. G. Raoul. Original issue $12,500,°-J0, m ?;9 ?h a»b een reduced to present figure by redem ption w ith sub­
way. $119,000 bonds being paid in 1896, against $46,000 in 1895.
The -d mortgage bonds, series “ A ,” are strictly cum ulative, and not
foreolosable while stock remains in trust as above stated ; the 2d m ort­
gage bonds, Berics “ B ,” are non-cum ulative; trustees, W. G. Raoul
and J. A. Horsey; $200,000 o f 2d m ortgage bonds are reserved for bet­
terments As to the deposit in 1896 o f A and B bonds with the M exican
National Ry. Co., Limited, see that com pany n e x t below. Third m ort
gage trustees. C. J. Cauda and H. A. Rlsley
On 8€lHC8 “ A ” b nT,^ a
aoi.niun.n f
1893; 1 per cent on
_._____ .
Mar. 22 ,189 7, at N a t __ _______ ,
Of the 2 d mortgage bonds $5,000,000 [one-half each'series A and B1
entered into a special trust arrangement by which they are drawn fo i
paym ent with proceeds o f certain subsidy certificates, hut remain alive
tn hands o f the trustees, as the property o f the Construction Co., to
whom they arc to be delivered when the whole $5,000,000 have been
redeemed. See V. 56, p. 20, and F i n a n c i a l R e v i e w for 1890, p age 59.
E arnings —2 months, J 1867............... Gross, $9 38,564; net, $442,115
Nrftan' L,*0, F®?' ^8' <1896............... Gross, 812,097; net, 358,801
Net available for interest (2 mos ), $247,416 in 1897; $209,914 In

3

Boston, SafeDep. &Tr. Co July 1, 1911
do
do
July 1, 1911
Boston, when earned. Jan. 10, 1939
Jan. 10, 1939
July 1, 1911
Boston Safe D eposit.
Jan. 1, 1926
N. Y ., Of., Mills Build’ g. Sept. 1, 1942
N: Y ., Nat. City Bank. June 1, 1927
Paid 1 ’s p.ct. Apr. 1,’ 96 July 1, 1917
See text.
July 1, 1917
Ju ly 1, 1937
W hen earned.
April 6, 1897
do
do
N. Y., office, 42 Pine St. Mar.2,’97,-1%
do
do
Dec. 1, 1910

N. Y. M ercantile Trust.
F. & A. N. Y. Gr. Cent. Station.
M. & N. N. Y., Union Trust Co.
j . & j . Rg.atG.C.S.; cp.atU.Tr.
M. & S.
Y ., Union T rust Co.
Q .-M . N.Y., Gr’d Cent. Station.
M. & S. N. Y ., Union Trust Co.
M. & N. N. Y ., Gr. Cent. Stat’ n.
J. & J. N. Y ., Union Trust Co.
j. & j .
Jackson, Mich.
M. & N. N. Y ., Union Trust Co.
M. & N.
do
do
M. & S. N. Y ., Gr. Cent. Station.
M. & 8 . N. Y., Union Trust Co.
J. & D.
do
do

Oct. 1 .1 9 4 3
Feb. 1,’ 97,’2%
May 1, 1902
Jan. 1, 1940
Mch. 1, 1931
Mch. 1, 1931
Sept. 1, 1909
Nov. 1, 1939
July 1, 1941
Jan.,'97,21
2%
M ay 1, 1902
May 1, 1903
Mar. 1, 1897
Sept. 1, 1901
Dec. 1. 1989

1896. A bov e figures are in M exican currency to be valued at 80 oents on
the dollar in U. 8. m oney, all other depreciation having been allow ed for.
A n n u a l R e p o r t — Fiscal year ends Deo. 3 1 . R eport for 1 8 9 6 , with
the balance sheet, etc., was given in full in V. 64, p. 5 6 3 ,5 6 9 ; seo also
editorial p. 548. Gross below are in M exican currency, all other figures
in U. S. currency. M exican currency is reduced to U. S. ourreney at 80
p. c., all loss above this being charged off in exchange account
INCOME ACCOUNT— (U. S. C U R R E N C Y E X C E P T GROSS EARNINGS).

Tear end’g Dec. 31— 1896.
1895.
1,218
Miles operated...................... 1,218
Gross earn in g s...___ $5,299,025 $4,513,206
Net earnings............... $2,020,766 $1,657,126
Subsidy receipts................. ...........
.............

1894.
1,218
$4,329,079
$1,513,570
99,110

1893.
1,218
!4,224,804
11,296,096

Total net incom e..$2,020,766 $1,657,126 $1,612,680 $1,296,096
Int. on 1st M. bonds..
$687,755 $693,070
$694,680
$702,136
E xch an ge.....................
805,120
707,941
718,071
434,242
Misc., bet’m’ts, e t c ...
125,269
97,225
74,761
137,156
B a la n ce................sr.$402,622 sr.$158,890 sr.$125,168 sr.$22,568
—(V. 63, p. 11 6,35 8, 559, 880, 1115; V. 64, p. 517, 548, 5 6 3 , 5 6 9 .)
M e x i c a n N a t i o n a l R y . C o . L i m i t e d .— This d epositary com pany was form ed in 1896 (per p l a n in V. 62, p. 1139, see also p. 635)
by the “ A ” and “ B ” bondholders o f the M exican N ational R B Co. to
give them " m o r e im m ediate and p ractical c o n t r o l” over that com ­
pany. Its share capital is £24,53 0 in 10s shares, and is deposited in
trust to give the con trol o f the depositary oom pany to the certificate
holders. The certificates were issued In exohange as fo llo w s : £2 50
A certificate fo r a $1,000 “ A ” bond d ep osited ; £ 2 0 0 B certificate for
$1,000 ” B ” oond and £ 1 2 5 A and £ 1 0 0 B certificate for a Matlieson
certificate. In March, 1897, there had been deposited all but about
$6,000,000 o f these securities. The “ A ” bonds have two votes, “ B ”
certificates one v ote eaoh. The incom e received from the A and B
bonds deposited w ill be a p p lie d : (1) To expenses o f Londo i m anage­
m ent not over £ 2 ,0 0 0 y e a r ly ; (2) to sinking fund an am ount not e x ­
ceeding 2 per cent o f revenue co lle cte d ; (3) to 5 per cent dividends on
A certificates; (4) to dividends on B certificates. D ivid en ds —On “ A ”
certificates, in 1897, A pril, paid £ 2 7s. 4d. per cent. V. 64, p. 755.
Address M atheson & Co., 3 L om bard St., L ondon.—V. 64, p. 755.
M e x i c a n N o r t U e r n R y . — Owns from E scalon, M exico, on the
Mexioan Central R y., to Sierra Mojada, 83 miles, all steel.
Stock .—Capital stock is $3 ,000 ,000 ; see ap p lication fo r listing on
N. Y. Stock E xch an ge In full, Y. 64, p. 619.
D i v i d e n d s ................>1892.
1893.
1894.
1895 to M ar., 1897.
P er c e n t . . . .
. . . . 5 6*2
4^2
6
4 yearly.
B o n d s .— The m ortgage o f which the State Trust Co. o f N ew York is
trustee, is for $1,660,000, o f which $277,000 bonds in Mar., 1897, were
held b y the sinking fund. See d escription in V.60, p. 482.
E a r n i n g s — 8 months, (1 8 9 6 -7 ..........Gross, $405,753 ; net, $215,419
July 1 to Feb. 28.
(1 8 9 5 -6 ..........Gross, 49 5,60 8; net, 265,712
A n n u a l R e p o r t .— Earnings as follow s in U. S. cu rren cy :
Tear. Gross.
Net.
Other in c. Charges.
Dividends. Surplus.
’ 95 -6..$763,871 $421,226 $13,873 $142,080
$120,000 $173,019
’94 -5.. 660,644 '343,619
7,526
135,284
120,000
95,861
—'V. 63, p. 7 9 2 ; V. 64, p. 611, 619.
M e x i c o C u e r n a v a c a & P a c i f i c .— See C h r o n i c l e Ju ly 2 5 , 1896
M i c H i g a n C e n t r a l , —(See Map adjoining New Tork Central
page.)—L i n e o f R o a d . —Main line—Kensington to Detroit, 270 miles,
and W indsor to Suspension Bridge (Canada Southern), 226 miles;
total main line, 496 miles. Branches ow ned and leased 1,132 miles;
trackage HI. Cen., 14 m iles; total January 1, 1896, 1,642 miles.
There are 244 miles o f second track and 877 miles o f side traoks..
O r g a n i z a t i o n , L e a s e s , & c . —The M ichigan Central was chartered in
1846; the whole line, D etroit to Kensington, was opened in 1852. The
lines described above as leased are all held by the Miohlgan Central
nom inally under leases at fixed rentals. To enter Chicago uses the
Illinois Central from Kensington under a perpetual lease. The
Term inal R R owns from Union Stock Yards to Chappel, Illinois; the
road is operated by the Chicago Hamm ond & W estern, w hich see.
C a n a d a S o u t h e r n C o n t r a c t .— In N ov., 1882, a close oontraot was
made with Can. 80. for the operation o f its road. The oontraot provided
fo r a re-apportionm ent every five years and in the re apportionment
December, 1892, it was agreed that the Canada Southern should there­
after receive 4 0 per cent and the M ichigan Central 60 per cent of the
first $1,000,000 of net earnings, any am ount over that to he divided
as theretofore—one-third to C. 8. and two-thirds to M. C.; but under the
original contract eaoh com pan y was accord,-d all benefit to accrue
from reduction in its fixed charges. The M. O. to Jan. 1, 1896, h a l
reduced its charges $319,200, the Can. Southern n ot at all. (V. 64, p. 5.
C a p i t a l S t o c k . —The stock has remained at same amount since 1873.
D i v i d e n d s . ) ’83 ’ 84 ’85-86 ’87-89 ’ 90 ’ 91 ’92-94 ’95 to F eb.,’97
P ercen t— 5 5
3
nil. 4 yearly 5
5 5-*e y’rly
4 yearly
B o n d s . —The Jackson L ansing < Saginaw bonds were assumed by
£
Michigan Central, which also guarantees in perpetuity 3*2 per cent on
the stock. The B ay City < Battle Creek m ortgage is fo r $1,800,000,
6
but amount outstanding is lim ited to $15,000 per mile. The
total issue o f Battle Creek < Sturgis bonds is $500,000, but
£
of this $79,000 was sub-guaranteed by the Lake Shore & Miehgan

A p b il ,

S3

RAILROAD STOCKS AND BONDS

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SUPPLEMENT.

[V ol . L X IY .

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .

Bands—Prtnol
INTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal,When Due*
Am ount
Par
Rate per When Where Payable, and by Slocks—Last
of
of
For explanation o f column headings, Ac., see notes
Outstanding
Whom.
Cent. Payable
Dividend.
Road. Bonds Value.
on first page o f tables.
M i chin a n Ce n tra l—f Concl uded.)
41
Battle C. A Sturgis 1st M.. gold, gu. p. A i. end.c*
45
Joliet A Nortli.Iudiaua 1st M „ guar. p.Al. (end.).c
Mill Tenn. J Ala.—1 s tM .,*350.000,g..red.at 105.0
2d mort., $12,000 p. in., gold, red. at 102*2........
13
Middletown U n.d W.'Qap—latM ., ext. lu ’ 86........ 0*
2d mortgage. Interest guaranteed fsee te x t)— o'
Midland Term. 1stm .. $1,000.000,gold, red. at 105.C
Mill Creek d Mine Hill Ear. d lilt.- S t o c k .............
MUxeaukee L ake Shore d Western—See C h i c a g o A N O R T
Milwaukee d L a ke Winnebago—Com .stk.$1,000,000
1st preferred stock, $980,000, 6 p e rce n t, c u m ...
66
Man.Div. 1st M..$1,000,000,g,sub.to cull 110..CAr
Divisional construction scrip, gold, red. at p a r ..
66
Inoome m ort. (cumulative), gold, Interest pald.o*
....
Debentures, convert., gold, see remarks............c*
Milwaukee d X or them —See Chicago Milwaukee A St. Pa
52
Mine Hill d Sch uulkill H a v —Stock (6 p. ct. rental).
Mineral Range—Stock $400,000.................................
17
New consol. M., gold, red. at 105............................ c
....
M in n ea p o lis A St. L o u is —Common stock............
1st preferred stock, 5 per cent, cum ulative..........
2d preferred stock, 5 per cent, noil-cum ulative... . . . .
27
ls t ‘ M.,Mlnn.to Merrlam Jo.....................................c*
93
1st mort., Merriam Junction to State Line,gold.c*
15
1st M. Minn.ADul„Miim. to White B.Lake.............*
102
Iowa exten. 1st M., g.(Al. Lea to Fort D odge)..c*
53
Mort.on Southwestern extension($12,000 p.ra.)c*
92
Paoiflo extension 1st m ortgage, gold.................. o*
—
First consolidated M., $10,000,000, gold.......c*<kr

1889 $1,000
1,000
1877
1893
1,000
1,000
1893
I860 100 Ac.
1871 500 Ac.
1895
n -W E S TERN.

1882
1895
1882
1884
ul.
1891
—
___
1877
1877
1877
1879
1880
1881
1894

100
100
1,000
1,000
1,000
1,000
50
100
500
100
100
100
1,000
500Ac.
1,000
1,000
1,000
1,000
1,000

Southern, 7 miles o f the B. C. A S. ueing operated by that com pany.
The Bay City A Battle Creek and the Battle Creek A Sturgis issues both
carry the guaranty o f the Miohigan Central endorsed on the bonds.
Operations , F inances , &c .—The road is operated under a close con ­
tract with Canada Southern, and the earnings o f both roads are included
In the statistics below. A s to division o f profits between the com ­
panies, see explanation V. G4, p. 5. Nothing has been charged to
either the construction or equipment account since 1883, with the e x ­
ception of land for right o f w ay and terminals. A ll betterm ents and
im provements to the road have been charged to operating expenses.
A nnual R eport .—Fiscal year ends Dec. 31. Annual meeting is held
on the Thursday follow ing the first Wednesday in May. R eport for
1895 was given in V. 62, p. 865. The figures for 1896 below are
partly estimated.
Traffic. Of the 7,470,951 tons carried in 1895, grain contributed
3'7 per cent; bitum inous coal, 10Ij p . c.; anthracite, 6'8 p. c.; lum ber
and forest products, 2 0 ’7 p. c. A verage rate per ton per m. '617 cents.
1894.
1893.
Year ending Dec.'3\—
1896.
1895.
1,634
1,634
Miles operated...........
1,642
1,642
Gross earnings..........$13,818,000 $13,651,419 $12,584,012 $16,178,031
Net earnings.............
3,463,000
3,468,188
3,439,905
3,890,239
P. o. op. ex. to earns..
74-94
74-59
72-66
75-95
Net, inol’g other in e .. $3,503,000 $3,517,265 $3,484,555 $3,936,029
184,310
184,310
Rentals paid..............) „ Qo nno 5 184,310
2,217,494
Interest on debt....... J
•>J > <2,217,891
2,216,875
Can. Southern share.
296,000
304,715
287,808
456,648
Dividends................... (4)749,520 (4)749,520 (4)749,528(512)1030601
Surplus.................
$61,480
$60,829
$46,034
$46,976
- ( V . 62, p. 278, 8 6 5 , 1118,1139; V. 63, p. 1 1 5 5 ; V. 64, p, 135.)
M i d d le G e o r g i a & A t l a n t i c K y .-E a t o n t o n to Covington, Ga.,
44 miles, and M illedgeville to Eatonton, 21 miles. Sold to Central o f
G eorgia R y. Jan. 1 ,1 8 9 7 . V. 64, p. 82.
M i d d l e T e n n . Sc A l a . R y . — See S u p p l e m e n t January, 1897.
M i d d l e s b o r o u g l i K i t . —In 1896 acquired by L ouisv. & Nashv.
M i d d l e s e x V a l l e y .— Purchased in 1895 b y Lehigh Valley.
M i d d l e t o w n l l n l o n v l l l e Sc W a t e r G a p R R . —(See Map if. F.
Stisouehanna & Western.)—Owns, from M iddletown, N.Y., to Unionville,
N. J. State line, 14 miles. Stock, $149,850; par, $50. Is controlled
through ownership o f stock by New York Susquehanna A Western,
which pays interest on bonds. P rincipal o f the second m ortgage 5s,
due Deo. 1 ,1 8 9 6 ($250,000), was not paid and a proposition to extend
the bonds at same rate to June 1 ,1 9 1 0 , is pending; in A pril, 1897, all
but $25,000 bonds had assented to the extension—see V. 64, p. 664. In
year ending June 30, 1896, gross, $50,171; net, $22,187; interest and
taxes, $22,1.00; balance, surplus, $87. In 1894-95 gross, $51,548; net.
$21,673. —(V. 63, p. 1010, 1159; V. 64, p. 664.)
M i d l a n d T e r m i n a l R y . —R o a d .—F rom Divide, on the Colorado
Midland RR., to Cripple Creek, 30 miles; opened in Dec., 1895
This line shortens the distance from D en ver to Cripple Creek about 70
miles. The first m ortgage is fo r $1,000,000 and bonds are redeem able
at 105. In October, 1896, the bonds had not been sold but were
pledged fo r a loan o f $625,000 m ade Jan. 1, 1886, at 6 p. e.; there
were car trusts for $10,000, payable $2,000 m onthly to F ebruary 1.
1898. For year ending June 30 ,189 6, gross, $127,623; net, $188,909:
Interest on loan, $18,750. President, D. R. C. Brown, o f A spen, Col •
Vice-President, Treasurer and Gen. Man., W. K. Gillett.—V. 61, p. 967.
M i l l C r e e k St M i n e H i l l N a v i g a t i o n Sc R R . - P a l o A lto to
New Castle, Pa., 3-8 miles; branch 2-8, second track 3-8 m iles; total
track, 29 miles. Leased July 25,1861, for 999 years to Phila. A Readm g RR and leased assumed in 1893 by P h i l a .* Reading Eai(w®i/,rental $33,000 and all taxes.

$421,000
800,000
See text.
790,000
150,000
250,000
See text.
323,375

3
7
5
3 to
5
5
5
10

g. J.
J.
a. A.
5 A.
g. M.
J.
g, J.
J.

A
A
A
A
A
A
A
A

D.
J.
O.
O.
N.
D.
D.
J.

See text.
780.000 See text. F. A A.
520.000
1,430,000
6 g- J. A J.
1,000,000
6 g- A. & O.
75,000
7 g. At mat.
J. A J.
520,000
a
244,000
6 g- A. A O.
4,210,200
393,400
340,500
6,000,000
2,500 000
4,000,000
455,000
950,000
280,000
1,015,000
636,000
1.382,000
5,282,000

6

N. Y ., Union Trust Co.
N. Y ., Farm. L .A T r. Co.
Apr., ’ 94, int. n ot paid.
No interest paid.
N. Y., N. Y. Susq. A W.
do
do
N. Y ., Blair A Co.
Philadelphia.

Deo.
Ju ly
Oct.
Oct.
Nov.
Dec,
Dec.
Jan.

1, 1989
10 ,190 7
1, 1918
1, 1923
1, 1911
1, 1896
1, 1925
,’97, 5%

Boston, Of., 50 State St. F eb.15,’97,394
Boston, Mereh.,Nat.Bk. July 1,
1st c ou p on A p r .l, 1897 Oct. 1,
Oct. 1,
Boston, Merch. Nat.Bk. Ju ly 1,
do
do
Apr. 1,

1912
1926
1900
1912
1904

A J. Phila.,Office, 119 S. 4th. Jan.15,’97, 3%
A g.1,’96, 3 h %
J. A J. N. Y ., Third Nat. Bank. Jan. 1, 1931
5 g.
5
Text.
7 g.
7 g.
7 g.
7 g.
7 g.
6 g.
5 g-

J

J.
J.
J.
J.
M.
J.
J.
A.
M.

A
A
A
A
&
A
A
A
A

J.
J.
J.
D.
N.
D.
D.
O.
N.

N. Y. Central
do
do
do
do
do
do
do
do

Tr. Co.
do
do
do
do
do
do
do
do

Jan. 15,’9 7 ,2 ^
Jan.15,1 7 ,lia
’9
Jan. 1, 1907
June 1, 1927
Jan. 1, 1907
June 1, 1909
Dee. 1, 1910
Apr. 1, 1921
Nov. 1, 1934

Into preferred stook, and Nos. 201 up into com m on ; the lessee pays in­
terest on them during first ten years after Issue.
A s to the Manitowoc Division see V. 62, p. 636.
R e n t a l , E t c .— Rental in 1893-94, $174,641; In 1892-93, $204,324
in 1891-92, $200,843; in 1890-91, $198,591. In 1893-94 net over e x ­
penses and taxes, $167,695; interest on bonds, $111,800; on d eben ­
tures, $1,500; dividends on preferred, $40,950 (o il p. o.); balance,
surplus, $13,445; (V. 61, p. 281; V. 62, p. 636, 1098; V. 63, p. 117.)
M i n e H i l l Sc S e llu y l k 111 H a v e n R R . —From Schuylkill H aven
to L ocu st Gap, Pa., etc., 52 m iles. In 1897 rental reduced to 6 p. c. on
stook under new lease fo r 999 years from Jan. 1,1897, to Philadelphia
A R eading R ailw ay Co. V. 63, p. 1011.
M i n e r a l R a n g e . —("Narrow Gauge.)—Houghton, M ich., to Calumet,
M ich., 15 m iles; branches and sidings, 7 m iles; total, 22 miles.
H i s t o r y , E t c . — Operated in close connection w ith Hanoook A Calume t
(which see.) Reorganized in 1891. Iu year 1895-6 paid dividends
am ounting to lOiq p. c. In A ug., 1896, 3^2 p. c.
B o n d s . —The consolidated m ortgage covers all the p roperty, inoluding
$250,000 o f Hancoek & Calumet stock, w hich is live-sevenths o f the
w hole issue. M ortgage is fo r $600,000, o f w hich there are reserved fo r
old bonds $7,000 with trustee. Loans and 1 ills payable June 30,
1896, $203,904. O f 107,387 tons carried in 1895, bitum inous ooal
was 27 p. o.; lum ber 9-7 p. c.; copp er 6-7 p. o.
E arnings .—F or year ending June 30, 1896, on 22 miles, gross,
$112,045; other incom e, $12,791; net incom e, $6 6,32 0; taxes, $ 2 ,8 6 1 ;
int. on bonds, $1 7,02 5; rentals, etc., $ 7 ,5 3 2 ; dividends (1 0 ii p. c ) ,
$4 1,30 7; bal. deficit. $2,405. In 1894-95, gross, $111,229; other in ­
com e, $26,675; net Incom e, $70,928. OHiee, 45 William Street, N. Y.
M i n n e a p o l i s Sc S t. L o u i s R R . —("Nee Map.) —Owns m ain line,
M inneapolis to Angus, I a., 26 11 m iles; Paciiio Div.. Hopkins to M orton,
e
93 m iles; Kalo Branch, 3 m iles; Lake Park Branch, i m i l e s ; total
operated, 359 miles. Leases traokage from Minneapolis to St. Paul
over St. Paul A North. Pac. R R ., 11 miles. Also ow ns, but leases to
Bur. C. R. & Nor., A lbert Lea to Iow a State Line, 13 m iles, and from
Minneapolis to White Bear Lake, 13 miles, w hich is leased to the St.
Paul & Duluth Railroad.
Operates, but accounts kept separate, Wis­
consin Minnesota & Paetflo R y., 217 miles.
The M inneapolis New Ulm & Southwestern Ry. from W inrhrop to
N ew Ulm, 18 miles, w as opened In July, 1896. Its securities are
ow ued by the Minn. & St. L.— V. 63, p. 646.
H isto ry .—A reorganization In October, 1894, as per plan given in
V. 59, p. 371, o f the M inneapolis A St. Louis B y., sold Oot. 1 1 ,1 8 9 4 , at
foreclosure under Im provem ent and equipm ent m ortgage.
S t o c k .—The oapital stook o f the new oom pany is com m on, $6,000,0 0 0 ; first preferred, 5 p. e., cum ulative, $2,500,000; second p referred,
5 p. c., non-cum ulative, $4,000,000. Under the plan, old com m on aud
old preferred were assessed $25 per share, new first preferred being
issued fo r assessment. A ll classes o f stock have equal v otin g p ow er.
D i v i d e n d s .—On first p referred : In 1895, 313 per cent fo r 8 m onths,
in 1896, 5 p. c.; in 1897, Jan., 2 L; p. 0. On second p referred non-oum ulative: In 1896, 3 p. 0.; in 1897, Jan., 1 ^ p. c.
B o n d s , E t c . —Bonds issued under the m ortgage due Jane, 1927, n u m ­
bered from 1,101 to 1,400, for $500 each, additional to those above,
were assumed by the Burl. Cedar Rapids & Northern RR.
The new first consol, m ortgage (see abstraot V. 59, p. 1145) provides
fo r the issue o f $10,000,000 first oonsol. 40 year, 5 p. 0. gold bonds, of
which are reserved $4,718,000 fo r underlying m ortgage, the remainder
to pay past-due coupons, to retire or acquire certain outstanding bonds,
and fo r expenses, eto. The m ortgage covers all the property, equip­
m ent, franchises, ete., o f the com pany.
G e n e r a l F i n a n c e s . — On June 3 0 ,1 8 9 6 , there was no floating debt
and the com pany held in its treasury, cash $100,947, consols $282,000
and M. & St. L. stock o f par value o f $397,800, eto.
E a r n i n o s — 8 m onths, > 1 8 9 6 -9 7 .... Gross, $1,359,798; net, $578,193
July 1 to Feb. 28. 51895-96___ Gross, 1,425,276; net, 609,410
F or 6 months ending Dec. 31, 1896, bal.,surplus ov er dividends, was
$128,744, against $149,721 in 1895. V. 61, p. 330.
A n n u a l R e p o r t .— Fiscal year ends June 30. R eport f o r 1895-96 was
given at length in V. 63, p. 64 6,71 1. See also editorial remarks p. 675.
E arnings—
1895-96.
1894-95.
1893 94
1892-93
Passengers......................... $405,605
$338,520 $355,188 $410,995
Freight................................ 1,500,379 1,378,784 1,243,538 1,449,089
Mail, express, &c..............
122,316
106,694
110,144
114,415

M i l w a u k e e Sc L a k e W i n n e b a g o R R . — Owns Neeuah to SohleisingervUle, V is., 6o miles. M anitowoc Extension, 45 miles, was opened
in July, 1896. Leased for 99 years to Wis. Cent, at 37*2 per oent o f
gross earnings as ren tal; but after $175,000 per year Is received
the balance o f net earnings Is to be equally divided, In A pril, 1897’
lease suspended and a reduction o f the rental was proposed. V. 64 d ’
713. The M anitowoc E xtension is leased until A ugust 1 1897 “ for
substantially $72,000 per annum.” —V. 62, p. 1098
!n August, 1895, a new issue o f $1,000,000 oornmon stock was made,
the old comm on boing made second preferred, and the M anitow oc
dwlsion bonds for $1,000,000 were created for extension o f 45 miles
Inoluding lb miles o f C. M. A St. P. track, Menasha to Hilbert, leased
with option to purchase h a lf Interest [com pleted in July, 1896], to N etT o ta l.............................. $2,028,300 $1,823,998 $1,708,870 $1,974,499
o ver ta x es.................... $824,748 $731,718 $656,411 $706,814
M anitowoc on Lake M ichigan, whence ferryboats carrying 30 cars Other incom e......................
144,018
106,482
157,202
138,361
leaibofardtraSeo V 6 2 “ p &6 ^ f re Mar(luett0 or othor road3 eu route for
T otal net incom e
$968,796 $838,200 $813,613 $815,175
D ividends ,—P referred paid 9 per cent per annum to Fob 1894 R entals........................
$56,4761
regrUar G per cent, and on account o f accrued back dividend an Interest paid..............
580 540 )
$24 5’ooo j.R eorganization pending until
additional 3 per oent; in 1895, 6 p. c.; in 1896, Feb., 3 p. c.; Aug. 3 D iv id en ls....................
P; Fl’ 'o 1^37j Feb., 3 p. e. Iu February, 1893, 10 per cent extra was
paid. Only 5 p. o. aooumulated dividends on preferred remained mi
Surplus.........................
$8 6,78 0)
pSiici in Dec., lotfii.
O ff icers . - ( E lected Oct., 1896). President, Edwin Hawley.
B onds . Debentures Nos. 1 to 200 are convertible on any coupon day - ( V 63, p. 76. 339, 6 4 6 , 652, 675, 697, 7 1 1 ; Y. 64, p . 330.)

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INVESTORS’ SUPPLEMENT.

LVOL. l x i v .

Bonds—Princi­
INTEREST OR DIVIDENDS.
RAILROADS.__________________ | Miles Date Size, or
pal,^When Due.
Am ount
When Where Payable , and by Stocks—Last
Par
of
For explanation o f column headings, dec., see noteej o f
Outstanding Rate per Payablej1
Whom
Cent.
Dividend.
Road. Bonds Value.
on first page o f tables.
j
$100 ($14,000,000
Minn itl. Paul J Saul I Sir. Marie.—Common stock.
7,000,000
' 100
Preferred stock, 7 per cent, non-oum ulatlve.......
8i280;000
4 g. & 5 1 & J. N. Y ., Morton, B. & Co. July 1, 1926
J.
1,000
Minn. Sault Ste. Marie < Atlantic 1st M. g old ..e" 495 1886
&
3,207,000
do
do
1,000
4 (5) J . & J .
Jan. 1, 1936
M inneapolis* Pacific. 1st m olt., $ 1 5 ,0 0 0 p. in..0*1 286 1886
do
do
1,000
16,858,000
July 1, 1938
970 1888
4 g- J. & J.
Consol. M „ gold, b i t guar, (end.)—See te x t— c*
+
771,000
July 1, 1900
1890
Income certificates......................... ........................
642,902
1896 & 1903
Car trusts Dec. 1 ,1 8 9 6 ...............................................
Bonne Terre, Mo"
500J100
6
1893
Nov. 1, 1898
Mississippi Hirer .£ Bonne Terre—1st m o rtg a g e ...
•
500,000 See text. j . & j .
St. Albans , Vt.
Jan. 1, 1896
28
Mississguoi Valley—S tock.............................................
52,450,000
100
M isso u ri K a n s a s * 'I't'.eax—Common s t o c k ......
tv
100
13‘000'000
Preferred stock, 4 per cent non-eumulative.........
187^000
1,000
7 g- J. & D. N. V. Office, 45 Wall St. June 1, 1903
Tebo. & Neosho 1st m o rt, gold, s. f., red. at 100.. 100 1870
do
do
1890 500 <fcc. 39,813,000
June 1, 1990
4 g- J . * D .
M. K. * T. 1st m ortgage, g o ld .................................. 1,601
do
do
4 g. F. & A.
Jim© 1, 1990
2d M. (formerly incom es), seo text, g o ld ........... 1,601 1890 500 &c. 20,000,000
M. & N.
998,000
do
do
1,000
1894
Nov. 1, 1944
5 g.
1st M. extension houds, gold, $20,000 p. m ...c*
do
4,000,000
do
1,000
Apr. 1, 1942
5 g- A. & O.
Mo. K. * Eastern ls tM ., $4,000,000 g., assumed. 162 1892
do
1,000
500,000
do
162 1892
A pr. 1, 1942
5 g. A. & O.
2d M.. $500,000 gold, guar., since a ssu m ed....
Guaranteed bonds—
do
2,500,000
do
1,000
4 g. F. & A.
Aug. 1, 1990
Kan. City < Pacific 1st m o r t , gold, Int.gu. on d .c- 125 1890
fc
1,340,000
do
do
1,000
67 1890
5 g- M. & N.
Nov. 1, 1940
Dallas & W aco 1 s tM.,$20,OOOp.m.,g.,p.&i. gmo*
2,685,000
M. & S.
do
1,000
do
Sept. 1, 1942
5 g.
M. K.&T. in Texas 1st M „ $20,000p.m ., gold, gu.c* 132 1892
do
do
561,000
$& £
May 1, 1906
7 g. M. & N.
Boonevlllo Bridge,lstM ., g old .,gu .,d r’n at, 1 0 0.o* .... 1873
Guar, bonds o f companies operat’d separately—
1,200,000
1,000
do
5 g. J. & D.
do
June 1, 1943
Sh.8h.ASo.lst M.,$20,000 p.m. g.,gu.,p.&i. (end.) c* 155 1893
800,000
do
1,000
do
6
J. & J.
1889
1929
8. W. Coal & Imp 1st M.guar. p. & i. end. s. f . in ’ 99.
•100 47,412,375 See text.
N. Y ., M ercantile Tr. Co. July 15, 1891
M is so u r i P a cific—Stock, $65,000,000authorized.
do
1,000
7,000,000
do
4 g. F. & A.
Aug. 1, 1938
Pac. RR. o f Mo. 1st mort., extended in 1888, gold 283 1868
do
1,000
2,573,000
do
July 1, 1938
5 g. J. A J.
2d mort. ext. in 1891 in gold, St. L. to K. C..0* 283 1871
do
800,000
do
1872 500 <fec.
M ay 1, 1938
5 g- M. & N.
1st M., St. Louis real estate, ext. In 1892, g old.
500
237,500
do
do
13 1873
4*2 g. A. & O.
Oet. 1, 1938
1st M. Carondelet Br., g., gu. p.<fc i.(end.)ext.’93
1,000
M. & N.
do
3,828,000
7
do
Nov. 1, 1906
3d M. (cover’g all property o f P acificR R . o f Mo.) 296 1876
do
650,000
do
55 1880 500 &c.
Aug. 1, 1920
5 g. F. & A.
Mo. Pacino 1st M., Lexington to Sedalla, Mo, gold
14,904,000
1.000
M. & N.
do
do
6
Nov. 1, 1920
Consolidated mortgage, $30.000.000. gold, .c* 1,076 1880
_____________

M i n n e a p o l i s S t . P a u l & S a u lt S te . M a r i e .— OwnB Minneapolis
to 8ault8te. M arie,M ich., 491 m iles; branches, 15 miles; from Minne­
apolis northwest to Kulm, No. Dak., 308 miles; Hankinson to Inter­
national Boundary Line, No. Dak., 342 m iles; trackage in M inneapolis,
St. Paul, etc., 19 m ile s; other 14 m iles; total, 1,189 miles.
H i s t o r t .— Form ed June, 1888, by consolidation o f the M inneapolis
Sault Ste. Marie & Atlantic, the Minneapolis & Pacific, etc. ' (See V.
46, pp. 538, 609.) Controlled by Canadian Pacific.
S t o c k .— A fter 7 p. c. on pref., com m on and preferred share pro rata.
Canadian Pac, owns $7,066,600 com m on and $3,533,400 pref. stock
and $2,609,000 consols.
B o n d s .— C a n . Pac. guarantees by endorsement 4 per cent interest on
all the bonds assenting to a reduction o f interest to 4 per cent. (See
V . 50, p. 784; V. 5 1 ,p. 239; V. 54, p. 799.)
Abstract o f Minneapolis Sault ste ila r ie < A tlantic m ortgage in V .45 ,
£
p. 243. The consol, mortgage 0TI888 (trustee, Central Trust Co., m ort
gage abstract C h r o n i c l e , V. 47, p. 142), was fo r $21,000,000 on 800
miles (sufficient o f this amount being reserved to retire the prior
bonds) and for $20,000 per m ile on all additional mileage.
G e n e r a l F i n a n c e s .— On June 30, 1896, funded debt, $29,825,329;
current liabilities, $2,784,091; cash and current assets $1,167,261. Of
the 1,783,763 tons carried in 1895, lum ber furnished 35 per cent,
grain 23 per cent, flour 1 3 per cent.
L atest E arnings . — 2 ) 1897............. Gross, $4 17,272; net, $115,455
mos., Jan. 1 to Feb. 28.5 1896............ Gross, 48a,717 ; net, 139,508
In year 1896, gross, $3,688,044; net, $1,507,493.
E a r n i n g s .— F or year ending June 30, 1896, gross, $3,735,872; net,
$1,428,609; rentals, $121,88N; interest, $1,202,065; balance, surplus,
$104,656. In 1894-5 gross, $2,557,275; net, $777,715 (V.63, p. 5 0 1 .)
M l e s l s q u o l V a l le y B i t . — Road, St Albans to Rieliford, V t., 28
miles. Leased July 1 ,1 8 8 8 to Central V erm ont R R . at annual rental
o f 4 p. c. on stock o f $500,000. Central Verm ont went into receiv er’s
bands in March, 1896, and Missisquoi Valley net earnings are now paid
over to that com pany pending final disposition o f the lease. No divi­
dend was paid in July, 1896, or J anuary, 1897.
M i s s i s s i p p i B i v c r tc B o n n e T e r r e B y . — R oad from Riverside
to Doe Run, M o , 47 miles. A southern extension is to be built, for
which purpose it is proposed to increase the capital stock (par $100)
from $500,000 to $600,000. Current liabilities June 30, 1894.
Earnings for year ending June 3 0 ,189
t 55,116. $2,327; other incom e, $2,678; charges, 5, were, gross, $163,69; net,
$34,097; balanoe, de­
ficit. $29,092. In 1893-94, gross, $168,094; net, $18,309. President,
J . Wyman Jones; Treasurer, Hugh N. Camp; 55 Liberty St., N ew Y ork
M i s s o u r i K a n s a s & T e x a s B y . (Nee Map.)—R o ad .—Operates a
line w ith northern termini at St. Louis, Kansas City and Hannibal,
Mo., extending southerly across the Indian Territory and the T exas cot­
ton belt to tidewater at GalvestOD, on the G ulf o f M exico. I t em braces:
Road owned.
Miles. Operated—not owned.
Miles.
Hannibal, Mo., via Denison &
Henrietta to W ichita.............
18
W hitesboro,to H enrietta.. 689
Operated join tly.
June. City, Kan., to Parsons. 158 8t. Louis to T exas Ju netion..
24
Texas Jet, to Franklin J e t ... 162 Kansas City to P aola.............
43
Ft. Worth to Houston, T e x .. 327 W hitesboro to Ft. W orth.......
71
Paola, Kan , to Sedalia, M o..
86 G alvestonH ous. & H e a d ....
50
Branches (9) to Mtneola, etc. 419
Total operated...................... 2,197
T otal ow n ed ..........................1,841
Operated separately.
Road leased.
Miles. Sherman Shrev. & Southern—
Paola to Stevens, e tc .............. 150
J ’ffers’n to Greeny.,Tex.,& e. 155
O r g a n i z a t i o n , &c.—R eorganized in 1890, without foreclosure, [plan
In V. 49, p. 719,] the old first m ortgage being paid off at par.
The "M . K. & T. Railway Company o f Texas” was formed with capital
of $8,000,000 to consolidate certain o l the roads in Texas. The entire
stock is deposited with Central Trust Co. as trustee for the benefit of
the M. K. & T. security holders. (V. 54, p. 1047; V. 55, p. 298.) M. K.
& Eastern w as absorbed in June, 1896.—V. 63, p. 30.
L a n d G r a n t .— Land grant in Indian Territory 3,110,400 acres, sub­
ject to extinguishment o f Indian title. (V. 55, p. 937; V. 61, p. 1155.)
Stock .—Besides stock as above the B oonville RR. Bridge Co. has
$1,000,000 stock; and the M. K. & T. o f Texas has $2,012,500 o f stock
included b v M. K. &T. iu its balance sheet in the outstanding capital.
In June, 1896, the com m on stock w as increased from $47,00 J.000 to
$52,450,000 to absorb subsidiary lines. See V. 63, p. 93.
B o n d s .— Full abstracts o f tho first mortgage o f 1890 (trustee Central
Trust Company) and o f the second mortgage (trustee Mercantile
Trust Company) were in V. 51, p. 495. These m ortgages cover the
main line from Hannibal, Mo., to a point 80 m iles from Houston, Tex
a distance o f 941 miles [except 71 miles o f trackage] and sundry
branches, the total m ileage mortgaged being 1,601 miles, including the
Sherman Shreveport & So., form erly the East Line * Red R iver R R
The bonds o f the Sher. Slir. & So., except $1,050,000 [turned over to M.’
K. & T . for standard gauging the line [are deposited as part security
for the aforesaid mortgages. These m ortgages also cover the right to
the land grant in the Indian Territory.
Payment o f interest on the second mortgage o f 1890 is obligatory since
the coupon o f Aug. 1 ,1 8 9 5 , the payments to and including that date
having been dependent upon oarniugs. As inoome bonds they reoeived
2 m o . interest yearly in February, from 1892 to 1896, inoluaivo.
The Missouri Kansas < Eastern bonds originally guaranteed were
£

assumed in June, 1896, the road form ing the 8t. Louis extension from
Franklin, M o., to Texas J unction, Mo., 162 miles. See V. 63, p. 30.
G u a r a n t i e s . —Interest Is guaranteed on $2,500,000 Kansas City &
Pacific 4 per cent bonds and on the B ooneville Bridge 7s, and prin­
cipal and interest on Dallas & W aco bonds (issue limited to $1,340,000).
The M. K. < T. in Texas in August, 1892, filed a m ortgage to secure
4
$10,000,000 o f bonds at $20,000 per m ile for extensions in Texas.
They are guaranteed principal and interest and are so endorsed; trus­
tee Central Trust Co. See above, and guaranty V. 56, p. 604.
The Sherman Shreveport <■ Southern m ortgage is for $6,100,000 at
£
not exceedin g $20,000 per m ile ; authorized, $3,100,000, o f which
$2,050,000 pledged under the M. K. & T. m ortgage o f 1890, and $1,050,000 issued to M. K. & T. fo r standard-gauging the road, form erly the
East Line & R ed R iver. See below . The line is operated separately.
The Southwestern Coal t£ Im provem ent Co.’s bonds are guaranteed.
M ortgage ($1,000,000) covers the coal on 51,000 acres in Indian Ter­
ritory, and the com pany also ow ns 2,350 acres additional, the Deni­
son & W ashita R y., 15 miles, mines in active operation, eto.
Deferred paym ents due fo r cars, etc., on July 1,1896, were—payments
extending till February, 1898, $180,125 ; paym ents extending till
N ovem ber, 1905. to be m ade from mi leave o f cars, $218,842; equip­
m ent notes, deferred payments, exten din g to A ug. 2 3 ,1 9 0 0 , $626,490.
G e n e r a l F i n a n c e s . —In D ecem ber, 1895, through trains began run­
ning from Kansas City to G alveston, T ex., on the Gulf of M exico. As
to the developm ent o f the ex p ort traffic see V. 63, p. 697.
The second m ortgage 4 per cents becam e fixed interest bonds Aug. 2,
1895, a id in g $400,000 to interest paym ents as com pared w ith year
1894-95, when only 2 per cent was paid on these bonds. In N ov., 1895,
listed $668,000 additional first extension bonds.
L a t e s t E a r n i n g s .— Jan. 1 to Mar. 31, 3 m onths, gross, $2,623,911
in 1897, against $2,821,651 in 1896.
F or calendar year 1896 gross, $ 1 1,74 6,23 9; fo r 1895, $11,060,140.
A n n u a l R e p o r t .— F iscal year ends June 30. Annual m eeting first
Thursday after first M onday in A p ril (changed from third Wednesday
in M ay in 1896). R ep ort fo r 1895-96 was given in V. 63, p. 697, and
earnings are shown below. The increased interest charge fo r 1895-96
is due to the fa ct that the $20,000,000 second m ortgage bon ds on
which 2 per cent yearly ($400,000) had previously beeu paid, beoame
fixed interest bonds at 4 p. c. A ug. 1 ,1 8 9 5 , calling fo r $733,333 fo r the
eleven months to June 3 0 ,1 8 9 6 .
Tear end. June 30.—
1896.
1895.
1894.
1893.
A ver.m iles op era ted ..
2,147
2,028
1,960
1,712
Passenger earnings...
$2,071,406 $1,970,905 $1,989,448 $1,896,987
F reig h t.......................... 8,388,544
8,986,779 7,359,213 7,876,357
Mail, express, eto.......
577,036
586,679
528,629
614,847
Gross earnin gs........ $11,036,987 $11,544,363 $9,877,290 $10,388,191
Oper. exp. and ta x es.
7,704,100
8,421,184 7,205,941
7,810,734
Net earn.,incl.oth.inc. $3,332,887
Interest on b on d s___
2,983,960
R entals., & c................
332,534

$3,123,179 $2,671,349 $2,597,490
2,612,943 2,609,360
2,359,443
285,497
71,510
............

B alan ce................. sr.$16,393 sr.$224,739 def. $0,521 sr.$238,047
—(V. 62, p. 2 3 3,77 8,10 87; V. 63, p. 30, 649, 6 9 7 ,8 3 8 ; V. 64, p. 132,469.)
l l l s s o u r i P a c i f i c B y . —R oad —Operates an im portant system of
roads exten din g w esterly and southw esterly from St. Louis, M o., in­
cluding m ain lines from St. Louis to Omaha, Neb., 495 miles, and from
Kansas City to D enver, Col., 758 m iles, w ith m any branches in K an­
sas, etc. Through the St. Louis Iron Mt. & Southern, w hich it controls,
conn ection is had w ith Texas and tho lines o f the Texas * Pacific,
International & G r e .t Northern and the St. L ouis Southwestern, the
whole form ing w hat is know n as the “ G ould System ,’ ’ in w hich the
heirs o f Jay Gould are largely interested (see list o f Mr. G ould’s h old­
ings, V. 60, p. 83.) The Mo. Pae. p rop erty includes :
T i n DO oim i
r/u// controlled. T "7J ct
T
4
L ines owned and ca vi f
Miles. T
Leased lines and trackage. Milesi
St. Louis to Om aha................. 495 B oonville St. L. & S outhern... 44
Pleasant H ill to Joplin, M o.. 133 Verd. V alley Ind. & W est......... 81
12 branches ow n ed ................. 450 L eroy & Caney V a lley .............. 52
Proprietary lines [entire st’ek
Kansas City & S. W................... 48
o w n ’d ]f orm ’g line to Pueblo,
Trackage to St. Joseph, e tc___ 27
Col., eto...................................1,833
Total Mo. P acific and branch lines................................................. 3,163
A lso operates Central Branch Union Pacific, 388 m ile s; St. Louis Iron
Mountain & Southern and leased lines, 1,773 miles. Grand total Mis­
souri Pacific m ileage January 1, 1897, 5,324 miles. Operated inde­
pendently, Arkansas & Louisiana R y., 26 miles.
O r g a n i z a t i o n , L e a s e s , & c .—The P acific RR. o f Missouri w as sold in
foreclosure September 6, 1876. The present com pany was a consolida­
tion in August, 1880, em bracing the Missouri Pacific and minor roads.
The bonds o f the proprietary lines are practically all pledged to secure
Mo. P acific loans. The Iron Mountain stock is m ostly owned by the
Missouri Pacific. Complete control o f the International & Great
Northern was seoured in 1892. See V. 54, p. 366.
D i v i d e n d s — In 1881, 6 ; in 1882, 6 ^ ; in 1883 to 1887, inclusive,7
yearly; in 1888, 5*4; in 18 89,4 ; in 1 8 9 0 ,4 ; in 1891, 3 p. c; none since.
B o n d s .— 'T he consolidated mortgage is for $30.000,000—trustees John
F. Dillon and Edward D. Adams—the balanoe unissued is in trust to
redeem prior bonds due if deemed best. A bstract in V. 47, p. 287.
The collateral trust bo?ids due 1917 (Union Trust Company o f New
York, trustee) are secured by m ortgage bonds o f new roads at $3?.000

Ha ILROAJD STOCKS

A p r il , 1887,]

AND

.BONDS.

69

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MAP OF THE

MISSOURI

KAN S AS & TEXAS
R A IL W A Y SYSTEM .
f

INVESTORS’

V
O

SUPPLEMENT,

[V ol . LX1V.

S u b s c r ib e r s w i l l c o n f e r a Kr e a t f a v o r b y g i v i n g I m m e d i a t e n o t ic e o f a n y e r r o r d is c o v e r e d In ttaese T a b l e s .

INTEREST OR DIVIDENDS.

RAILROADS.

Miles Date Size, o r
A m ount
Par
of
of
F or explanation o f column Leadings, &o., see notes
Outstanding
Road. Bonds Value.
on first page o f tables.
Missouri Pacific—( Concl.J—Gold coll, t r u s t . .o'A r 1,120 1887 $1,000 $14,376,000
7,000,000
1,000
671 1890
1st collateral mort. bonds for $10,000,000 gold.o
6,712,000
1895
Gold funding notes redeemable at par.................o
1,000
520,000
52 1886
Ler. A C an eyV al.1st M .($10,000 p.m.),gold.,gu.o*
806,000
1,000
81 1886
Verdigris Val. Independence A W. 1st M.,g.,guar.
H itsouri Pacific System—St. L ouis Iron. Mt. d So.
1,000
8t. L. Iron M t.& 8 o.lstM .,ex ten d ed a t5 p .c.in '9 2 .c 210 1867
1,000 | 4,000,000
do Old 1st M. 5s, ext. In 1897 In g., red. at 105 210 1867
$ A &
2d mort., gold, $ 1,0 00 or U 500, at b old , opt'n.o* 310 1872
£ A $ | 6,000,000
310 1872
do Old 2d M. 7s, ext. In 1897 in g „ red. at 105
1,000
2,500,000
99 1870
Ark. B r„ 1st M., g., 1. g r„ ext.’95, sub. call ’ /'* "
1,450,000
1,000
71 1872
Cairo Arkansas A Texas lstm o rtg a g e .g o lc-----Gen. consol. A land gr.M. ($45,000,000), gold.c* 1,428 '81t0’7 1,000 21,783,000
1,000
7,000,000
Do
do
gold, stamped, guar. p. & l..o * 1.428
4,723,000
1895
Gold funding notes, redeem able at p ar............c
1,242,000
Car trusts D ec., 1896, due 10 per cent yearly
132,282
1879
200,000
1873
Baring Cross Bridge Co., 1st mort., gold............
3,412,000
1,000
Kansas a Ark. Val. 1st M. $20,000 per m., g old .. 165 1887
2,342,500
Little Rock A Ft. Smith 1st M.,land gr. siuk.fund.. 165 1875 500 &c.
1,000
435.000
2 1891
Little R ock June. 1st M., guar, p .& i.by Iron Mt..o*
100
1,800,000
Hobile < Birmm gh. UK.—Stock ($1,000,000 is p f.).
e
600.000
Prior lien, gold, $1,000,000. (See t e x t ) ............. < 149 1895 200 &c.
:
1,200.000
M ort., incom es till July 1,1899, $1,200,000,gold, c 149 1895 200 Ac.
1,000
400,000
1896
Mobile Jackson ,f K. 0 —1st M.. gold, $4,000,000..
100
5,320,600
Mobile <f Ohio—Stock ($10,000,000 authorized) gold
7,000,000
lstM .,M ob. to CoU prin.gold.int. lawful m oney).o' 472 1879 500 &c.
1,000
1,000,000
55 1883
1st mort.. exUm.,Colum. to Cairo A bran ch ,gold.c'
9,075,000
General m ort. fo r $10,500,000, (now gold) s. f. .< 527 1888 500 &o.
1,000
See text.
1897
Montgomery Division, 1st mort.. $4,000,000, g . . .
225,468
’84-’90 1,000
Equipment bonds June, 1896..................................
1,000
2,500,000
Moh,<CJfaio»e-lstM.,$15,OOOp.m.,g.,gu.p.&i.(en.)c* 181 1892
3,900,000
— 1892 .......
Incom e bonds non-cuin., 5 per cent (see text)
o r $15,000 per m ile; these em bracing the line from Fort Scott. Kan.,
to Pueblo.C el , etc. For securities pledged, etc., see V. 46, p.678.
As to collateral trust bonds due in 1920, see V. 50, p. 669, 874. On
Dec. 31 ,189 6, $2,636,000 were held pledged for Missouri Pacific fund­
ing notes o f 1895 and $7,000,000 were outstanding.
G e n e r a l F i n a n c e s .— In 1895 the issue o f $8,256,000 collateral trust
notes (“ gold funding notes” ) and $4,744,000 St. Louis & Iron Mountain
uotes were authorized to fund floating debt o f these companies and
provide for future needs. Of the St. L. A I. Mt. notes $1,495,000 are
guaranteed by the Missouri Pacific. M ercantile Trust Co., trustee. A
list o f tlie securities deposited to secure these notes was given in V.
62, p. 548; V. 60, p. 1059. On Jan. 1 ,1 897 , Mo. Pac. loans payable
(secured by collateral) were $1,325,850.
E a r n i n g s .— Jan. 1 to Mar. 31 (3 months) gross o f Mo. Pacific and
St. L. I. M. A So. com bined, $5 386,000 in 1897, against $5,273,508 in
1896.
A n n u a l R e p o r t .— Fiscal y ear ends D e e . 31. Annual m eeting is held
at St. Louis in March. Report fo r 1896 was in V. 64, p. 513. Earnings
o f Missouri Paeillo system have beeu as b e lo w : “ Other in com e” in
1896 includes: Dividends A m erican R efrigerator Transit Co., $35,240;
Paeillo Express Co., $72,000; interest o h Iron Mt. general consols.,
$52,150; int. on funding notes, $74,750; sleep ingcarearnings,$94,329.
1896.
1895.
1894.
allies operated...................
4,938
4,937
4,992
T otal earnings................... $22,011,960
$22,672,004
$21,800,646
Net earnings.........................
4,597,898
4,738,738
4,420,849
Ratio exp.& tax’sto earns.
(79T1)
(79’099)
(79‘721)
■Other incom e, & c.................
$532,492
$1,081,881
$741,439
Total net I n co m e .......
interest paid on b o n d s ...
Rentals................................
Sundry accoun ts...............

$5,130,390
$5,550,700
496,944
344,507

$5,820,619
$5,440,381
511,610
458,874

$5,162,288
$5,128,378
520,777
1,446,488

B alance...................... d ef.$l,261,761
def.$590,246 def.$l,933,355
F or the Missouri Pacific proper and branches, not including Iron
Mountain and other auxiliaries, the report w as as follows:
Year ending Dec. 31—
1896.
1895.
1894.
Miles operated D ecem ber 3 1 ...........
3,164
3,163
3,229
Passenger earnings........................$2,054,164 $2,235,245
$2,055,634
Freight................................................ 7,355,368 7,571,640
7,391,310
Mail, express and miscellaneous.. 1,655,859
1,647,001
1,622,707
Total earnings..........................$11,065,391 $11,453,886 $11,069,652
Net earnings.....................................$2,012,926 $2,099,393 $1,959,081
Dividends, interest, Ao., received.
494,814
967,328
677,929
Total net incom e........................$2,507,740
Interest on bonds.............................$3,034,224
Taxes, rentals, A c........................... 11924,132

$3,066,721
$2,955,158
932,423

$2,637,010
$2,778,092
1,648,035

Balance for year......................d ef.$l,4 50,616d ef.$820,860df.$l,789,117
HThis item includes; Taxes, $649,638; rentals, $115,849; interest and
exchange, $158,645, etc.—(V. 62, p. 4 9 7 ; V. 64, p, 472, 5 1 3 , 518,567.)
M i s s o u r i P a c i fi c S y s t e m —S I. L o u t s I r o n M o u n t a i n &.
S o u t h e r n .— Owns St. Louis to Texarkana, Texas Line, 490 m iles;

branches to Belmont, Mo,, Bird’s Point, Mo. (Cairo), Camden, Ark.,
Helena, Ark., Cushman, Ark., Arkansas City, Ark., Warren, Ark., Mem­
phis, Tenn., Ac., 747 miles; Houston Central Arkansas A Northern R ail­
way, MoGehee, Ark., to Alexandria, La., 190 miles; total owned Janu­
ary 1 ,1 8 9 6 ,1 ,4 2 7 miles. Leases Little R ock A F ort Smith and Little
R ock Junction railroads, 176 miles; Kansas A Arkansas Valley RR
170 miles. Total operated D ecem ber 3 1 ,1 8 9 6 ,1 ,7 7 3 miles.
’’
STOCK.—Stook $25,788,815, o f w hich $25,716,105 Jan. 1 , 1895, was
ow n ed by Missouri Pacific—m ostly acquired in 1881.
B o n d s .— The general consolidated m ortgage is for $45,000,000, bonds
being reserved to retire all prior issues, these covering only 485 miles
The mort. la a first lieu on the 947 miles in Arkansas and Louisiana and
o n all unsold lands, amounting to 660,813 acres on Jan. 1 ,1 8 9 6 Trus­
tee o f mortgage, Mercantile Trust Co. o f New York. As Indicated in
the table above, part o f tile general m ortgage 5s (Nos. 11,001 to 18,000
inclusive) are endorsed with the Missouri Pacific’s guaranty o f princi­
pal and interest; form o f guaranty was in V. 56, p. 650.
Oold fu n d in g notes for $4,744,000 were authorized on the 8t. Louis A
Iron Mountain in June, .1895, to provide fo r the floating debt and “ ad­
van ces;” $1,495,000 are guaranteed by Missouri Pacific. N. Y. stock
Exchange A pril. 1897, reported $25,290,000 general consols listed. In
A pril, 1897, holders o f St. L. A I. M. first 5s and second 7s due May 1
1897, were offered tho privilege o f extending their bonds in gold for
oO years at 4*2 p. c. aud 5 p. c. respectively, the extended bonds being
subject to call at 105. This refunding will reduce interest charges
$120,000 per anuumn. Cairo A. & T. 7s will be paid June 1 ,1 8 9 7 V. 04. o. 518.
,to £ds-—The 8ales o f lana in Arkansas for 1896 w ere 17,200 acres at
. LA
$3 09 per acre, the total sales, including tow n lots, being $53,234- in
Missouri sales 1,187 acres for $4-25 per acre, the total sales, including
town lots, being $5,049; from Little Rook & F ort S. grant sales 8.234
acres for $3*58 per acre. Lands in Arkansas unsold Deo. 31, i8 9 6 , 622
432 acres; In Missouri, 27,017 acres; o f L. R. & F. 8., 540,248 acres. *

Kate per When Where Payable, and by
Whom.
Cent. Payable
5
5
5
5
5
S
<
i
1

g*
g.
gg.
g-

5
4 igg.
7 g.
O g.
O g7 g.
5 g.
5 g.
5 g.
6
7
7 g.
5 g.
7
6

M.
F.
M.
J.
M.

&
&
A
&
A

Bonds—Prlnoi
pal, When Due.
Stocks—Last
Dividend.

8. N. Y ., M ercantile Tr. Co. Jan. 1, 1917
A.
do
do
Aug. 1, 1920
S.
do
do
Mar. 1, 1905
J.
do
do
Ju ly 1. 1926
S.
do
do
Mch. 1, 1926

F. & A. N.Y. M ercantile Tr. Co.
F. A A.
do
do
M. & N. New York or London.
M. & N.
do
do
J. & D. N. Y ., Mercantile Tr. Co.
J. A D.
do
do
A. & O.
do
do
A. & 0.
do
do
M. A 8.
do
do
Quar’ly.
do
do
March.
do
do
do
do
J. A J.
do
do
J. & J.
do
do
A. & O.
do
do

M ay 1, 1897
M ay 1, 1947
M ay 1, 1897
M ay 1, 1947
June 1, 1935
June 1, 1897
Apr. 1, 1931
Apr. 1, 1931
Mar. 1, 1905
1897-1905
M ay 1, 1897
A pr. 19, 1898
Jan. 1, 193’!
Jan. 1, 1905
Apr. 1, 1916

T
Ju ly 1, 1945
5 g. • . A J. N. Y. Central Trust.
4 g- J. & J. 20 p. e. pd. in Mcli., ’97 July 1, 1945
1946
5 g. A. A 0 . N. Y ., Central T rust Co.
6
6 g.
4 g.
5 g.
6
4 g.
Up to 5

J. & D.
Q.—Jan.
M. & 8.
F. & A,
Various.
M. & S.
Sept. 1.

N. Y ., Farm. L. < Tr. Co.
fc
do
do
N. Y „ Gallatin Nat. Bk.
New York.
N. Y ., Farm. L. A Tr. Co.
N. Y ., Knickerb. Tr. Co.
N. Y. Of., when earned.

Dee. 1, 1927
July 1, 1927
Sept. 1, 1938
Feb. 1, 1947
Var., ’ 97-1904
Sept. 1, 1991
Sept. 1, 1992

A n n u a l R e p o r t .— R eport fo r 1895 in V . 64, p. 514, sh o w e d :
Year ending Dec. 31—
1896
1895.
1894.
Miles operated D ec. 31.............
1,773
1,773
1,773
Gross earnings.................$10,946,569
$11,218,117 $10,730,994
Net earnings.................... $3,507,710
$3,551,470
$3,358,089
Other receipts..................
37,677
114,553
63,510

Total net incom e...... $3,545,387
Interest on b on d s...........
2,516,476
Taxes, bridge exp., rent’ls, &c.
1840,058

$3,666,023
$2,485,223
950,187

$3,421,599
$2,350,286
1,215,552

Balance for y e a r.................sur.$188,853 sur.$230,613 d ef.$l 44,239
t Includes taxes, $273,101; rentals, $3 81,0 95; car trust, etc.,$185,862.
—(V. 62. p. 4 9 8 , 548; V . 64, p. 424, 472, 5 1 4 , 518.)
M o b i l e A B i r m i n g h a m R R . —M obile to Marion Junction, Ala.,
149 miles; trackage to Selma, 14 miles; opened in July, 1888.
H i s t o r y .— Reorganized after fo r e c lo s u r e s 1895 p erp lan V . 60, p. 657
B o n d s . —The new prior lien bonds m ay b e increased at $18,000 per
mile if the 67 m ile exten sion to the Caliaba coal fields is b u ilt ; Cen­
tral Trust Com pany is m ortgage trustee. The “ m ortgage in com es”
are incom es to and including the Ju ly 1 ,1 8 9 9 , co u p o n ; trustee. Mer­
cantile Trust, N ew Y ork; in March, 1897, 2 p. c. was paid on incom es.
E a r n i n g s .— 2 months, > 1897............ Gross, $51,875; net, $7,267
Jan. 1 to Feb. 28.
>1896............Gross,
49,543; net, 5,116
In year 1896, gross, $338,768; net, $71,759. In 1895, gross, $295,688
A n n u a l R e p o r t .—The report fo r the year ending J une 3 0 ,1 8 9 6 , was
in V. 63, p. 1112, showing gross, $295,226; net, $35,340. In 1894-95
gross, $305,140; net, $39,078. President, T. G. Bush. (V. 64, p. 518.)
M o b i l e & G i r a r d . —A bsorbed b y C e n t r a l o f G e o r g i a R y .
M o b i l e J a c k s o n <fc K a n s a s C it y R R . —P rojected from M obile
to Jackson, 186 m iles. A bout 20 m iles o f roadbed were built in 1868.
In 1896 the G u lf City C onstruction Co. was organized to com p lete the
road. See Y . 62, p. 457. In M arch, 1897, ab ou t 10 m iles o f tra ck had
been laid from M obile northwest.
Capital stock is $4,000,000. Trustee o f first m ortgage is Central
Trust Company, New Y ork. President is F. B. Merrill. A m ong the
directors are W. D. Stratton, o f Drake & Stratton Co.; Lathrop R.
B acon, of B acon, M cK inley & Sherman, o f New York; W. II. Smitlie, o f
the M ercantile B ank o f London. (V. 62, p. 457, 990; V. 63, p. 459.)
M o b i l e & O l iio R R .-f< S e e Map.)—Owns from M obile, Ala., to Co.
Iambus, K y., 472 miles, proprietary line, Kentucky & Tennessee RR.
to E. Cairo, 21 miles; branches to Columbus, Miss., &c., 34 m iles; tola l
owned, 527 m ile s; leases St. Louis & Cairo (which see), Cairo to St. L .,
152 miles, with branch to Millstadt, 9 miles; total operated, 688 miles.
H i s t o r y , E t c . —Opened in 1 8 6 1 ; securities readjusted in 1879.
Lands June 30, 1896, w ere 454,327 acres, valued at $229,299.
G e n e r a l F i n a n c e s .— In March, 1897, the com pany issued a $4,000,000 m ortgage on the “ M ontgom ery D ivision o f the M. & O.” to build and
equip an extension from Columbus, Miss., to M ontgom ery, A la., 168
miles, with branches 27 miles. It is expected to com plete the exten­
sion in October, 1897.—V. 64, p. 517, 707.
S t o c k . —Stock authorized, $1 0,000,000; outstanding, $5,320,600;
par, $100. The v otin g pow er on $4,953,300 of the stook is exercised b y
the general m ortgage bondholders b y virtue o f the deposit in trust
under the general mortgage of the old debentures of 1879, upon which
this voting pow er was conferred. The Supreme Court o f A labam a in
A pril, 1893, decided the votin g trust in force and valid.
B o n d s .— Under the general m ortgage o f 1888 (trustee, Farmers’ Loan
& Trust Co.) there can he no foreclosure till four coupons are in default.
In May, 1895, the entire issue was made payable in gold. V. 60, p. 967.
Of the $10,500,000 authorized, the am ount canceled by sinking fund
to A pril 30 ,189 6, is $823,000, in reserve in treasury $601,500. In
June, 1895, $1,250,000 were issued to discharge floating debt and for
additions. See V. 61, p. 239, 664. M ortgage abstract, V. 47, p. 83.
M ontgom ery D ivision m ortgage is fo r $4,000,000 o f gold bonds;
trustee, Central Trust Co., New York.
L a t e s t E a r n i n g s .— 7 m o s .) 18 96-7 .Gross, $2,313,324; net, $869,875
July 1 to Jan. 31.
> 1 8 9 5 -6 .Gross, 2,193,759. net, 904,930
F or 6 m onths ending D ec. 31, 1896, surplus ov er all charges was
$121,782, against $188,203 in 1895.
A n n u a l R e p o r t .— Fiscal year ends June 30. R eport fo r year 1895 9®
was given at length in V. 63, p. 697, 713. See also editorial, p. 683.
Year end'g June 30— 1896.
1895.
1894.
1893.
Total gross earnin gs.$3,619,07l $3,269,989 $3,253,692 $3,358,471
Net earnings.............. 1,293,869
1,115,503
1,209,037
1,099,281
P. et. op. ex. to earns. (64 25)
(65-89)
(62*60)
(67-27)
Interest and rentals. 1,059,632
1,034,354
1,037,323
1,044,381
Balance, surplus*.. $234,237
$81,149
$171,714
$54,900
* Equipm ent and new construction (additional to operating expen­
s e s) cost $172,331 in 1893-94; $186,557 in 1894-95; $143,645 in 1895-6.
(V. 63, p. 206, 2 2 5 , 683, 6 9 7 , 7 I 3; Y. 64, p. 42, r jj, 181, 517, 707.)
H o h a w k & M a lo n * -.—(See
V. F. C entral.)—Owns from Her­
kimer, N. Y .. on the N. Y. Central’s m ain line northerly to Malone, on
th ; Central Vermont, with branches, 181 miles in all.

RAILROAD

A p r i l , 1897. j

STOCKS

AND BONDS,

Water,
Abbott

91

~5eTolti

idepSuaoii.ee'

Farley

Vinton'

Sabufc^
Linton,

ySavsuu)
[Fulton
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LO
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tfushnel
CarU tg
K
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Tdlono.

Lreen

Columl
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V«

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T(nna*lla r

'Seymouc

Liberty

Onto

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New
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pa ffiaaia.

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oV X

Jep&s/

MAP OP THE

DWktaaoi

:IC »S
eiJ j
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•

MOBILE & OHIO
RAILROAD

IASHVIIAE

Jack*©**
I Die mu

AND ITS CONNECTIONS.

UTTLE ROCi

<feUJnsviIl«j
.AOftlla,

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INVESTORS’

SUPPLEMENT.

[V

ol.

J .X I Y ,

S u b s c r ib e r s w i l l c o n f e r a a r e a l f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d is c o v e r e d I n t h e s e 'T a b le s .

Bonds—Prin e 1
INTEREST OR DIVIDENDS.
RAILROADS.
pal,W hen D ue.
Miles Date Size, or
Am ount
Par
When
of
of
f o r explanation o f column headings, Ac., see notes
Outstanding Rate per Payable Where Payable, and by Stocks—Lat-t
Whom.
Cent.
Road. Bonds Value.
Dividend.
on first page o f tables.
Monongahela River K if.-lstM ,.g .,g u .B .A O .,e n d .o *
Consol. M „ $1,500,000 g „ s. f in 1898. red.at par
M ontgom'y Red L .-lstM .,$20 0,00 0, lawful m oney, c
Montgomery <t Erie lty.—1st m. (old 7s ex t. in ’86)
2d m ortgage (old 7s extended in 18 87).................
Morgan's La. if- Texas—N. O. Opel. A Gt.West. 1st M.
1st m ortgage (New Orleans to Morgan C ity)...0*
1st mortgage, A lexandria Extension, g old ............
General m ortgage......................................................
Morris it Essex—Stock, 7 p. o. guar. D. L. A W ........
1st m ortgage, sinking fu n d .......................................
Convertible bonds......................................................
Gen. M. A 1st on Boonton Br. Ac. (guar. D.L.AW.)
Consol. M. (for $25,000,000) guar. D. L. A W.c*&r
Special real estate bon ds..........................................
Morris A Essex Extension stook, guar. 4 per cent.
JIt. Carbon ct Port Carbon R R ....................................
Ml. Holly Lamb, it M ed fd —1st M. gu. p .A i. Pa.RR.
Mt. Washington R R .......................................................
Muskegon Gr. Rapids it Indiana—1st mort., g o ld ..
Nashua <t Lowell—Stock,9 p.c. rental,92 yrs. B.AM.
Bonds not mortgage, assumed by lessee...............
Hashville Chattanooga <t St. Louis Stook.................
1st m ortgage (for $6,800,000).......................... c * ir
2d mortgage, gold or silver................................ o*&r
1st M. on Fayette, and MoM.brs.($6,000 p.m .)c\tr
1st mortgage on Lebanon Branch........................c*
1st M. on Jasper Br. ($90,000 are 8s, due 1906)o*
1st m ortgage on Ceutreville Branch, gold — o*Ar
1st M. on Tracy City Br. (Tenn. C. A I. K R J .c 't e
IStM. onB on Air Br., red. at par aft. J u ly '9 7 ,.. .o''
Consol. M. ($20,000,000), $20,000 p. m., g old-..o*
W. A At.l. incs, ($650,000), $26,000 due y ’r ly .g .c.

32

80
102
157
204

1889
1895
1890
1866
1867
1859
1878
1880
1893

1864
Var’us
1871
137 1875
Var'us
2
84

37
15

1886
___
1880

340 1873
321 1881
125 1877
29 1877
43 '77-’83
46 1883
20 1887
7 1887
740 1888
1895

$1,000
1,000
1,000
678
1,000
1,000
1,000
50
500 &c.
1,000
1,000
1.000
io o
50

i'oo

1,000
100

100
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

H is t o r y , L e a s e , E tc .—In 1893, N. Y, Central leased the toad and
guaranteed its iirst m ortgage bonds. The surplus in any year after
payment o f the first m ortgage interest fo r that year to pay
not exceeding 5 per cent interest on the incomes. A dividend o f 2
per cent on the incom es was paid Sept. 1,1 896 . N. Y. Central owns
the $4,500,000 stock, and has the option o f retiring the incom es at any
time, and Issuing in lieu thereof 2d m ortgage guaranteed gold 4 per
cents, due Sept. 1, 1991. See official statement V. 56, p. 501. As to
bonds, see V. 56, p. 782. (V. 57. p. 22; V. 61, p .9 2 6 ; V. 63, p. 11 6,311.)
M o i i o i i g a b e l a R i v e r R R .—R oad from F airm ont to Clarksburg,
W. Va.. 31 miles. L oad opened in 1890. Capital stock is $1,300,000;
par, $100; outstanding, $1,274,400. The firsts (Central Trust Co.,
N. Y ., trustee,) are guaranteed p rin cipal and interest by the B. & O.
Consols (mortgage trustee, A m erican Banking A Trust Co., o f B alti­
more) were authorized to pay fo r the construction o f branch roads not
m ore than 50 m iles in length; also, i f desired, a branch to develop the
coal territory o f the upper M onongahela R iver region, W. Va., where
the com pany has acquired the property o f the M onongahela Coal A
-Coke Co., com prising 14,000 acres o f coal lands. See description of
first m ortgage, etc., p. 6 o f Supplem ent , A pril, 1896. There are car
trust 6s, interest payable at M ercantile Trust Co., Baltimore, Md.
E arnings .—Statement for y ear ending Deo. 31, 1895, was in V. 62 >
p. 867, showing; Gross, $206,695; net, $109,455; iut. and taxes,$38,270.
In year 1894 gross, $229,986; net, $143,961.—(V. 62, p. 414, 8 6 7 .)
M o n t e r e y 6 c M e x i c a n G u l f .—Owns road com pleted in August,
1891, from V enadito (on the M exican International Railroad) via
M onterey to Tam pico, on the Gulf, about 390 miles. See V. 62, p. 85.
H is to r y .—Purchased in Novem ber, 1895, at foreclosure sale, under
the 1st m ortgage o f 1888 b y the Societe Anonym e Beige deCkemin deF era u M exiqu e,w h ich has capitalization as follow s: Capital stock,
10,572 »in shares, each share representing $1,000 in bouds or
matured coupons o f the M onterey A M exico Gulf RR. Co. 160 3’ B0
incom e sh ares; first m ortgage 4 per cent bonds, 4,000,000 francs,
being 8,000 bonds at 500 francs each. Augustus Frasez. President,
Brussels, Belg.; Coudeit B ros., 100 Broadway, N. Y., attorneys.
E arnings .—F or year ending Dec. 31, 1896, gross, $1,152,748; net,
$399,228. In 1895, gross, $1,211,875; net, $384,674. (V. 62, p. 85.)
M o n t g o m e r y B e l t L i n e R y . — Owns real estate and a belt
line in M ontgom ery, Ala., about one mile o f track on Tallapoosa,
Bell, P erry and Columbus streets. Alabam a M idland Ry. pays an
annual rental o f $15,525. The Plant Investm ent Co. owns 90 p er cent
o f the stock. Capital stock is $2 00,0 00; par, $100.
M o n t g o m e r y & E r i e l t y . —(See Map E rie Railroad.)—Owns road
from M ontgomery to Goslien, N. Y., 10 miles. Road opened 1867.
Leased in 1872 to N. Y. L. E. A W. (now E r ie R R .—which see.) Rental
is $16,000 per annum. Stock, $150,000. Dividends (4A) per cent per
annum) are paid May 10 and Nov. 10. Sinking fund $6,500 per annum.
M o n t r e a l & V e r m o n t J u n c t i o n R y . —R oad from V erm ont
State line to near St. Johns, Q ue., 23 miles. Operated by Central Ver­
m ont. In March. 1897, rental was said to have been reduced from
$50,000 to $27,600.
M o r g a n ’ s L o u i s i a n a Ac T e x a s R R . 6 c S t e a m s h i p C o m p a n y
—(See Map o f Southern Pacific.)—R oad —Owns A lgiers to Cheney ville.
204 miles; branches, 55 m iles; trackage to Alexandria, 24 miles; total
railroad lines, 283 m ile s; steamship lines and ferries, 3,176 miles.
Organization .—The Southern Pacific Company, on Jan. 1,1 896 , held
$14,995,000 o f the $15,000,000 stock and operated road under lease
The lessee pays all charges and also 23 per eent o f the net profits under
the “ omnibus lease.” Company has 12 iron steamships and 9 ferry
and river steamers and tugs plying between New York and New Or­
leans and between Gulf p o rts ; also wharves, warehouses, ana on Jan.
1 ,1 8 9 6 , ow-ned $726,500 bonds and $772,298 stock o f other companies
The general m ortgage bonds o f 1893 fo r $1,000,000 were 30ld in 1895'.
E arnings .—2 months, > 1897............. Gross, $858,201; net, $254,006
Jan. 1 to Feb. 28.
> 189 6............. Gross, 904,614; net, 258,031
In year ending Deo. 3 1 ,1 8 9 6 , gross. $5,339,639; net, $1,602,117. In
1595, gross, $5,967,946; net, $1,591,551; surplus over charges, $449 6 6 7 ; net. profits due com pany under lease to Southern Pacific,
$ 4 /9 ,2 4 1 ; incom e from investments, eto., $139,322.
M o r r i s 6 c E s s e x .— rSee Map o f Delaware Lackawanna J: Western )—
Owns from Hoboken, N. J.. to Phillipshurg, N. J „ 85 miles; branch,
Denville, N. J., via M om s A E ssex Tunnel, to Hoboken, N. J., 35 milesleases 16 m iles; total operated, 136 miles.
L e ase .—Leased in perpetuity to Delaware Lackawanna A West.,which
assumed all liabilities and pays 7 p. e. per annum on the capital stock
They also agree to pay 8 per cent in case 30 p er cent o f the gross earn­
ings in any one year shall he sullioient to pay all charges and 10 per
cent on the stock; but in no case m ore than 8 per cent. See form of
guaranty, V. 56, p. 812.
E arnings .—The road is im portant to the Delaware Lackawanna A
Western as a route with terminal facilities on New York Harbor, but
the actual earnings on the road show a large annual deficit for the
le»Hee com priny after the payment o f rental. The loss to lessee was
• 1891 over $000,000; ln 1892 about $1,500,000; in 1893, $1,525,959 ;
ln
m 1894, $1,960,852. in 1894 gross earnings o f road proper (119
rniies) were $5,370,785; net, $752,328. In 1893 gross, $5,791,267 :
net $1,164,471. In 1892 gross, $5,772,665; net, $ lfl4 9 ,4 2 9 .

$700,000
5 g. F. & A.
1,500,000
5 g. J. & D.
J . it J .
200,000
6
130,000
M. A N.
5
40,500
5
A. A 0 .
249,002
A. &- 0.
5
A. & O.
5,000,000
7
1,494,000
6 g- J. A J.
1,000,000
5
J. A J.
15,000,000 7 per an. J. A J.
5,000,000
M. & N.
7
281,000
7
J. & J.
4,991,000
7
A. A O.
J. < D.
fc
11,677,000
7
2,795,000 4*2 & 5
2 2 i;0 0 0 4 per an. M. & N.
12
282,350
J.& J.15
75,000
7
A. A O.
211,400
6
750,000
5 g- J. & J.
800,000 9 per an. M. & N.
100,000
5
J. A J.
10,000,000
Text.
Q.—F.
6,300,000
7
J. A J.
1,000,000
6
J. & J.
750,000
6
J. & J.
300,000
J. A J.
6
461,000 6 g . A 8 J. < J.
fe
376,000
6 g- J. A J.
480,000
6
J. A J.
114,000
6
J. A J.
5,594,000
5 g. A . A O.
See text.
5 g. J. A J.

N. Y. Central Trust Co.
Balt., An nap. B kg.& Tr.
N.Y,, Metro pol’n Tr. Co.
Goshen, N. Y.
do
do
N.Y.,S.Pao.Co.,23Broad
do
do
do
do
do
do
N.Y., Del. Lack. A West.
do
do
do
do
do
do
do
do

Feb. 1, 1919
Dec. 1, 1945
Jan. 1, 1910
M ay 1, 1926
Oct. 1, 1927
Apr. 1, 1899
Apr. 1, 1918
July 1, 1920
July 1, 1913
Jan..’97, 3%i%
May 1, 1914
Jan. 1, 1900
Oot. 1, 1901
June 1, 1915

do
do
N ov., 1896
Jan. 15, 1897
Pbila., Broad St. Stat’n. Apr. 1, 1899
J a n .,’ 95, paid F e b .,’ 97
Nashua, Indian Hd. Bk.
do
do
N. Y. and Nashville.
N.Y.. ContinentalN. Bk.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

July 1, 1926
N ov. 2, 1896
July 1. 1900
May 1,’97,1%
July 1, 1913
Jan. 1, 1901
Jam 1, 1917
Oct. 1, 1917
Jan.,1906A '23
Jan. 1, 1923
Jan. 1898 to*17
July 1, 1917
Apr. 1. 1928
Jan. 1, ’98-’ 20

M o u n t C a r b o n & l* o r f C a r b o n R R . — Owns Mt. Carbon to P alo
A lto, Pa., 3 m ile s; second track, 2 k, m ile s ; total track 19 m iles.
Leased Mareli 5, 1860, fo r 50 years to Pbila. & Reading RR. and lease
assumed in 1896 by Pbila. A R eading Railw ay. R ental $36,250 yearly.
M u s k e g o n G r a n d R a p i d s 6 c I n d i a n a R R . — Owns road
G rand'R apids to M uskegon, Miek., 37 m ile s; trackage, G. R. A Ind. at
Grand Rapids, 3 m iles.
R oad opened 1886, and leased to Grand
Rapids A Indiana R R .. w hich w as foreclosed in 1896. Stock, $350,000;
par, $100; unfunded debt, $80,550. Coupon o f Jan., 1895, was paid
in February. 1897. Earnings for year ending Dec. 31, 1896, gross,
$1 21 ,6 2 0 ; net, $31,360; interest on bonds, $37,500. In 1895, gross,
$ 1 16,4 00; net, $21,572. President,W . O. Hughart, Grand Rapids, M ich.
N a s h u a 6 c L o w e l l . — Owns double track road from Lowell, Mass ,
to Nashua, N. H ., 15 miles. On October 1, 1880, a lease fo r 99 years
to the Boston A L ow ell was made. In 1887 lease was transferred to
Boston A Maine, w hich pays a rental o f $73,000 (9 per cent on stock).
N a s h v i l l e C h a t t a n o o g a 6 c S t. L o u i s R y . — ("See M ap.)—Owns
fron, Chattanooga, Tenn., to Hickm an, K y., 320 m iles; branches to
Lebanon. Ac., 431 m iles; leases W estern A A tlantic, Chattanooga,
Tenn.. to Atlanta, Ga., 137 m iles; ow ns all capital stock o f Rom e R R .,
R om e, Ga., to K ingston, Ga., 18 miles ; total operated, 906 miles. In
1896 the N. C. A St. L. directors leased the Paducah Tennessee A A la.,
119 m iles, and Tenn. M idland, 136 m iles, ow ned by L onisv. A Nashv.
O rg a n iza tion .—A m ajority o f the stock ($5,500,500) is owned by the
Louisville A Nashville, and pledged under its unified m ortgage, etc., so
that the tw o systems are operated in close harm ony. The W estern A
Atlantic is leased from the State o f G eorgia fo r 29 years from Deo. 27,
1890, at $420,012 per annum.
D iv id e n d s ) 1888 1889 1890 1891 1892 1893 ’ 94 ’ 95 ’96
’97
since 1887. ( 4%
5
5
5
5
3% 3 l2 4
3 below .
In 1897 Feb.,* 2 p. e.; May, 1 p. o.
* O f this 1 p. c. fo r Nov., 1896, dividend deferred.
B onds .—The T racy City branch 6s fa ll due $20,000 yearly on Jan. 1
to 1916 inclusive, and $100,000 on Jan. 1,1 917 .
The consolidated m ortgage o f 1888 (United States Trust Co., trustee),
provides that all prior bonds shall be paid off at m aturity; sufficient of
the $20,000 per mile are reserved for them.
W estern A Atlantic incom e m ortgage 5s fo r $650,000, (Central T ru st
Co., N. Y „ trustee), were issued in 1895 to reimburse the N. C. A St. L.
fo r renewals and im provem ents m ade on that road. The incom es are
secured by m ortgage on all W. A A . p rop erty in possession o f N. C. A
St. L.. and also cov er the $500,000 State o f G eorgia bonds deposited as
security fo r the lease. Each Jan. 1 26 bonds fa ll due; in Jan., 1897,
$598,000 were held in treasury and balance canceled. D uck R iv er
2ds (now firsts) $22,000 gold 6s, due Nov. 1, 1909, interest M. A M.,
are outstanding. See V. 61, p. 519.
G e n e r a l F inances .—Bills payable incurred in purchase o f R om e
R R .,e te ., w ere $1,260,480 on Ju ly 1, 1896. Consol 5s for $5 00,000
were listed in F ebruary, 1897, issued fo r extensions. V. 64, p. 330.
E arnings .—F rom Ju ly 1 to Mar. 31, 9 m onths;
9 m onthsGross.
Net.
In/., taxes, etc. H a l..su r.
1896-7.................. $3,815,255
$1,435,053
$1,129,158
$305,895
1895-6.................. 3,923,609
1,529,331
1,125,031
404,300
A nnual R e p o r t .—Fiscal year ends June 30. The report for 1895-96
was given at length in V. 63, p. 499, 509. See editorial p. 484.
Tear ends June 30.
1896.
1895.
1894.
1893.
Mileage end o f y e a r ...
906
902
884
810
Gross earnings..............$5,074,625 $4,608,502 $4,521,662 $5,131,779
Net earnings................. 1,910,275
1,882,142
1,850,482
1,992,374
Investm ents, eto..........
41,002
18,424
33,443
170,061

Net incom e............$1,951,277 $1,900,566 $1,883,925 $2,162,435
In t.o n d e b ta n d ta x e s.$ l,0 7 8 ,4 7 0 $1,077,425 $1,022,571 $1,012,331
Rental W. A A. R R ...
420,012
420,012
420,012
420,012
Im provem ents................................
21,859
25,537
51,355
D ividends.................... (4 )400,000 (4) 400,000 (2ig)250,000 (5) 500,000
B alance................. sr.$52.795 d e f.$18,730 sr. $165,805 sr. $178,738
—(V. 63, p. 458, 4 8 4 , 499, 5 0 9 , 7 9 4 ,1 0 1 0 , 1063; V . 64, p. 135, 330.)
N a s l t v lll e 6 c D e c a t u r .— (See Map Louisville it Nashville.)—Owns
from Nashville, Tenn., to Decatur, Ala., 119 miles. Leased to L ouisville
A Nashville fo r 30 years from July 1 ,1 872 , at a rental o f 6 p. c. per ann.
onstock. The lessee assumed a ilth ed eh tan d ow ned (Oct., ’96) $938,800
of its stock. On Oct. 10, 1896, sinking fund held bonds o f face value
$659,000, o f which $630,000 w ere N. A D. firsts. See V. 59, p. 604.
E arnings .—Earnings are n ow included in L. A N. reports. In 1892
’93. gross $1,468,199; net, $$450,664; iuterest, $1 47,0 00; balance
for dividends, etc., $303,664. In 1891-92 gross, $1,443,431.
N a s l i v i l l e F l o r e n c e A N h e llle ld . — (See Map Louisville d Nash­
S
ville.)—Owns from Columbia, Tenn., to Sheffield, Ala., 82 miles, with
branch Iron City, Tenn., to Pinckney, Tenn., 12 m iles; oper­
ates Napier hr., etc., 14 m ile s; total, 108 miles. Operated by Louisville
A Nashville, which com pany guarantees the principal and interest o f
the bonds by endorsement, and owns $729,400 o f the $872,385 stock ,
par $100. Stook authorized, $2,000,000. F or year ending June 3 0 ,
1896, gross, $195,930; net, $3 3,59 8; interest, $1 01,800; taxes, $7,43 0
balance, $78,632.

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94

INVESTORS’ SUPPLEMENT.

[V ol . L X IV ,

S u b s c r ib e r s w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t b e s e T a b l e s .

Bonds—Princi­
INTEREST OR DIVIDENDS.
RAILROAD8.
pal, When Dne.
Miles Date Size, or
A m ount
Rate per When W here Payable, and by Stocks—Last
Par
of
of
F or explanation o f colum n headings, &o., see notes
Outstanding
Payable
Cent.
WTiom.
Dividend.
Road. Bonds Value.
on first page o f tables.
Nashville dt Z)eca/ur—Stock, guar. 6 p. o, by L. & N. 119
ls tm o r t., guar., s. f. ($200,000 held in sink, fd .). 119
91
Nash. Flor. ft A'/iefT.-lfit M. ($2,500,000), gold, g u.o
73
Nashville <f Knoxville—l e t mort. for $2,000,000. .0*
National Docks Railway—S tock..................................
Nat. Dock ft N. J. Junction RR.—Stock $1,000,000
Nels. ft Ft.Shep.—1st M .,l.gr., s .f„ g „ $l,500,C00.o*
18
Nesauehonina Val.—Stook ,5 p .c.gu .ttll 1 9 0 4 ..........
Nevada—Calif.— Oregon.—1st M. $2,200,000, gold.
94
Nevada Central—1st M. g „ Income (sinking fu n d )..
44
Newark Somerset <t Straitsv.—l8 tM .,e x t.in ’89, g.c*
Newburg Dutchess ft Connecticut—Col. trust bonds.
Incom e m ortgage fo r $1,625,000..........................r
15
New Castle ft Reaver Valley—S tock.............................
17
New Castle ft Shenango Valley—1st M., lnt. guar...
New England If If.—Prof, stork, 5 p. ct., non-cum ..
N .Y .& N .E .Ist M. ($6,000,000 are 7s) currency ,c*| 321
1st consol.M ., $17,500,000, gold, gu ,p .& i., end.c* 361
Boston Terminal 1st m ortgage fo r $1,500,000.c*
Mortgage notes on land at Springfield & Hartford
9
Woons. & Pasco. 1st M.,lnt.gu. by City o f W oon.c
5
New Jersey Junction—le t. M., guar, by N.Y.Cent.e&r
New Jersey tt New York—Se e E kie R R . Co.
New L ondonN orthem —Stock...................................... 121
Consolidated M., now 1st M. ($683,000 are 4s).o* 121
New Orleans ft North Eastern—Prior lien 111., gold.o* 196
1st mortgage, gold ...................................................... 196
N. O. ft North west'ii R eceive ctfs., auth. $500,000
77
1st mortgage, $20,000 p er m ile, gold .............c\tr
New Orleans it West.—1st Ter. M., $2,000,000, g .. a"
2d mortgage, $ 2,009,000...........................................
Newport ft Cincin. Bridge.—Stock, $1,500,000.......
1st M., $1,500,000, g.. s. f. guar, p. < i. end by Pa. C o.e*
fe

1870
1887
1888
1893

$25
1,000
1,000
1,000
1,000
50

1,000
1888
1869 500 <fec.
59
1891
1877
50
1,000
1887
100
1,000
1876
1,000
1895
1889
1890
1886

1,000
1,000

1880
1885
1881

100
1,000
1,000
1,000

1890
1895
1897
1895

1,000
1,000
100
1,000

N a t i o n a l D o c k s R y . — R oad extends from United N. J. RR. at

Point o f R ocks to Const ables H ook, N. J., 6-10 miles; Comraunipaw br.,
0 33 miles; Kill y on K uli branch, 0 54 miles; other branches 0 79 miles;
total, 7'81 miles; second track. 7-28 miles. Road opened Dec. 1 ,1 883 .
Stock June 3 0 ,189 5, $2,750,000; unfunded debt, $26,332.
E a r n ih o s .— F or year ending June 3 0 ,189 6, gross earnings, $247,849;
net, $159,275; charges, $11,032; bal„ surplus, $148,243. In 1894-95
net, $156,359. Office, 45 Broadw ay, N ew York.—V. 64, p. 518.
N a t i o n a l D o c k s Sc N e w J e r s e y J u n c t i o n B y . - Completed
in 1897, *0 m ile, connects the W est Shore, D elaware Lackawanna &
W est'n and E ric on the north, and the Lehigh Valley, B altimore < Ohio,
fc
Central R R. o f N ew Jersey and R eading on the south.—V. 64, p. 518.
N e ls o n Sc F o r t S h e p p a r d B y .- O w n s from International
Boundary to Kootenai Lake, B. O., 60 miles. Completed in Maroh,
1894, in the interest o f Spokane Falls & Northern R y., w hich see.
N e s q u e h o n i n g V a l l e y .— Owns from Nesquehonlng Junction, P a„
to Tamenend, Pa., 17 miles; Tunnel Branoh, to Lansford, Pa., 1 mile.
Leased fo r 999 years to the Lehigh Coal & Navigation Company. In
1884 the option to purchase the stook at par and Interest was suspended
for 20 years, with a guarantee o f 5 per oent per annum on stook.
N e w a r k S o m e r s e t Sc S t r a l t s v l l l e —Owns from Newark, O., to
Shawnee, O., 44 miles; h ran ch3 miles. Leased to B . & O. till N ov. 1 ,1 929
for taxes and 30 per cent o f gross earnings, but minimum rental to be
$40,000. Interest on first 5s due M ay 1, 1896, was not paid. Stock,
com m on $795,600, and preferred, $230,900 (par both, $50). $705,550
o f the first and $191,850 o f the latter owned b y Baltimore & Ohio. See
description o f m ortgage, etc., p. 6, S upplement o f A pril, 1896. In
1895-96 gross, $1 43,104; net, $7,295 ; rental, $4 2,93 1; taxes, $5,814;
loss to lessee, $41,450. In 1894-95 gross earnings, s$123,572; deficit
from operations, $2,015.—V. 63, p. 1 0 0 8 .
N e w b u r g D u t c h e s s Sc C o n n e c t i c u t R R . — See S u pplem en t ,
October, 1896, page 156.
N e w C a s tle Sc H e a v e r V a l l e y .— Owns from H om ew ood, Pa., to
New Castle, Pa., 15 miles. In 1896 lease was canceled (see V. 62,
p. 1175). Control purchased in 1895 by P ennsylvania Co. and no
further dividends will be declared. Gross earnings in 1895, $169,433;
net, $40,935; rental received, $5 9,66 1; loss to lessee, $18,726.
N e w C a s tle Sc S h e n a n g o V a l l e y .— Owns from N ewcastle, Pa.,
to W est Middlesex, Pa., 17 miles. Leased to Nypano RR. till 1982 for
rental of 32 p. o. o f gross earns., bu t interest on bonds guaranteed.
N e w E n g l a n d R R . —N ew Y ork N ew Haven & Hart. RR. owns a
m ajority o f the stock, bu t road is operated independently, em bracin g ;
Lines Owned.
I file s .
Tea sed , l lines. /Cl .flee II. i.. / .. . i
.
Miles.
Leased i n e e
((1 See this (Jo.)
B oston to H opew ell June, N.Y.215 •Norwich & W oreesterR R .fr... 66
W icopoe to Flsbkill L anding... < Rhode Island and Mass, roads. 14
2
Providence to Willimant.io....... 58
(tem porary agreement.)
Newton to W oonsocket, R. l _ . . 29 R ockville R R ............................... 5
East Thompson to Soutbbridge 17 Providence & Springfield RR.IT 28
East H artfort, Ct., to S prin grd 27 W oonsocket & Pascoag R R ___ 9
O^ber lin es................................... 12 M ilford b r a n ch e s...................... 20
Double tra ck ............................... n y

T ra ck a g e ...................................... 26

Total, [361 miles owned, 141 m. leased and 26 m. trackagel
528
•Company controls, through lease o f N. & W .,th e N orwich & New
York Transportation Co.’ s line o f steamers, 1 25 miles.
H isto ry .—A reorganization o f the New Y o rk & New E ngland, (sold
in foreclosure July 9, 1895,) as per plan V. 58, p. 762. Old com m on
stock paid assessment o f $20 per share. Controlling interest in the
stock was acquired in 1895 by the New York New Haven & H artford
(*• 81, p. 517.) A p art o f the Boston term inal property to be sold to
the Boston Terminal Co. has been appraised at $1,923,500.
iA H 0S 'fl0at*“ “ o f leases, reducing rentals, see report for
1890-96, V. 63, p. (>93. This report says that the reductions in rentals
and other charges are expected to overcom e the deficit shown in other
years, but that on the other hand large amounts for im provements
m ust be charged to operating expenses for some time to corns. For
2 h years to June 30 ,189 6, $525,000 lu d been so charged.
B onds .—T he consolidated m ortgage o f 1895 is for $17,500,000 o f 5
p. o. bonds; m l ebruary, 1897. $5,000,000 o f consols had been issued
and stamped guaranteed principal and interest by the N. Y New
Haven & H artford R R .,“ but if auy paym ent be demanded upon this
guaranty this bond shall, at the option o f said guarantor or o f the then
holder thereof, be exchanged for a debenture o f tile guarantor for the
same amount and at the same rate of interest, both payable in like «*old
com for the then uuexpired term o f tills bond.” See V. 64, p 611 M ort­
gage trustee is Manhattan Trust Co.. N. Y. There are $10,000 000
bonds reserved to retire N. Y. & New England firsts, undisturbed. '
A nnual R epo rt .—Fiscal year n ow ends June 30. R ep ort fo r the
ten months ending June 30 ,189 6. was given in V. 63, p. 698, showing
gross, $1 ,85!,61 9; net, $1,306,668; charges, $1,299,268; balance, sur­
plus, $7,403. The average freight train load was 181-2 tons.
T e a r ending D e c . 31—
1894.
1893.
1892
Total gross earnm gs...........................$5,475,628 $6,019,208 $6,220,494
Net earnings........................................ $1,563,219 $1,561,236 $1,808^347
T a x es..................................
$268,091
$256,477
$254 403
- ( V . 6 3 ,p .2 9 ,3 0 ,2 6 9 ,« 9 8 ,9 6 8 ; V. 64, p. 83, 424, 611, 664.) *

$2,337,582
2,100,000
2,096,000
1,184,000
2,750,000
500.000
1,381,000
1,418,600
Jan.’97 none
750,000
800,000
226,000
1,164,500
700,000
250,000
5,000,000
10,000,000
5,000,000
1,500,000
36,800
100,000
1,700,000

6 per an. J. &
J. &
7
F. &
l g- M. &
See bel’w
6 g.
5 per an.
g g'
g g‘
l g'
6
See text.
6 g.
6&7
5 g4
5*6
5
4

j.
M.
J.
J.
M.
M.

&
&
&
&
&
&

D.
Nashville.
D ec., ’ 96, 3 %.
J. N. Y ., 120 Broadway. W uly 1, 1900
A. N. Y. and Louisville.
Aug. 1, 1937
N. N. Y., M ercantileTr.C o.
1918
See text.

. N. Y ., Chase Nat. Bank.
S. Phila,, 108 So. 4th St.
J.
N. Y ., M oran Bros.
No coupons paid.
J.
N. N ov., ’95, coup, last pd.
N. N. Y ., Central Trust Co.
When earned.
Newcastle, Pa.
J. & J. N. Y ., Farm. L. & Tr. Co.
j

July 1, 1943Sept., 1896
20 years.
Ju ly 2, 1938
Nov. 1, 1929
1921
June 1, 1977
See text.
July 1, 1917

J. & J. Boston, 8. D ep.& Tr.Co. Jan. 1, 1905
Boston. Office.
J. & J.
July 1. 1945
A. & O. Boston, 180 Sumner St. Apr. 1, 1939
A. & 0.
Oct. 1, 1910
F. < A. N. Y. Cent. & Hud. Riv. Feb. 1, 1986
te

1,500,000 9 per an. Q.—J.
1,500,000
4 & 5 J. & J.
A. & O.
1,320,000
5,000,000
l g- J. & J
446,345
5 if. J. & J.
1,540,000
5 g. Ij. & J.
1,500,000
a)
......... 1 ........
1,500,000
1,400,000
4 ^ g. J. & J.

New London, Office. Jan.2 ’97,214%.
N. Y ., Bk. o f No. Amer. July 1, 1910
N. Y ., Central Trust Co. Nov. 1, 1915
N. Y ., Muller, Schall&Co. Jan., 1911
In default.
N. Y ., State Tr. & N. Ol

Jan. 1, 1940
Ju ly 1, 1946:

N.Y.,Farm ers L.&T.Co. Ju ly 1, 1945

N e w J e r s e y J u n c t i o n R R . —Terminal road through Jersey City r

Hoboken and W eehawken, about 5 miles. Leased fo r 100 years from
June 30 ,188 6, to New York Central which guarantees the bonds abso­
lutely and ow ns $100,000 stock. The m ortgage is fo r $4,000,000. The
National D ocks & N ew Jersey Ju n ction R y. connects this roa d w ith
the National D ocks R y .—See Y . 64, p. 518.

N e w J e r s e y &, N e w Y o r k R R . —Owns from Erie Junction, N. J.
to Garuerville, N. Y ., 29 m iles: branches to New City, etc., 5 m ile s; oper­
ates to Haverstraw, etc., 14 m iles; total operated, 48 m iles. Erie R R .
in A pril, 1896, purchased control.
Stock, $1,440,800 common; $787,800 preferred; par, $100. Control Is with preferred stock and first
m ortgage till 6 per cent has been paid on preferred fo r three years.
E arnings —Y ear ending June 30, 1896, gross, $3 32,7 48; net,
$7 0,10 3; interest, $ 5 0,17 4; rentals, $ » ,6 8 6 ; balance, surplus, $15,243.
In 1894-5, gross, $338,179 ; net, $61,622.—(V. 63, p. 5 0 3 ; V. 64,p. 424. >
N e w L o n d o n N o r t h e r n .— Owns from New L ondon, Conn., to
Brattleboro, Vt., 121 miles, and leases B rattleboro & W hitehall R R .,
Brattleboro to South L ondonderry, V t., 37 miles.
L eased fo r 99 years from Dec. 1 ,1 8 9 1 , to Central Verm ont. The
rental is $211,000 p er annum, w hich leaves a small surplus after p ro­
viding fo r inter., etc., and 9 per cent dividends. Taxes and im prove­
ments m et b y lessee, w ithout claim on New London Northern.
D iv id e n d s .—From 1888 to Jan., 1892, inclusive, at rate o f 7 p er cent
per an nu m ; then 2 p er cent quarterly to October, 1893, inclusive, and
since to January, 1897 (inclusive), 2 ^ per cent quarterly.
E arnings .—Mr. Little’s rep ort on Central V erm ont (V. 64, p. 606,
showed earnings o f N ew L ondon Northern and B r a ttle b o r o * White
hall for year ending June 30, 1896, as follow s: gross, $ 9 06,2 77; net
$334,085. Mr. L /s deductions fo r im pvts., equip., etc., $23,148; rentals
taxes, etc., $243,504; bal. surplus to lessee, $67,433. In 1894-5, gross
$859,577; net, $324,2*50. (V. 61, p. 472 ; V . 63, p. 4 0 0 .)
N e w O r le a n s «fc N o r t h E a s t e r n R R . —New Orleans, La., to
Meridian, Miss., 196 miles, all 60 lb. steel rails. Stock is $5,000,000
(par, $100), o f w hich $4,320,000 and $4,900,000 1st m ortgage bonds
are held by the AJabama New Orleans Texas < Pacific Ju nction Ry. Co.,
fc
to which was due Ju ly 1, 1896, $1,375,031 on coupon account ana
$740,768 on other accounts. P rior liens in treasury Ju ly 1, 1896,
$52,000. On June 3 0 ,1 8 9 6 , engine trust n otes w ere $3,552.
A nnual R epo r t .—R ep ort fo r 1895-96 was in V. 63, p. 555, 650.
Yr. end. June 30. Gross.
Net.
Other inc. Interest.
Balance.
1895-96........... $1,419,720 $366,971 $1,115 $379,200
d e f.$ ll,1 1 4
1894-95........... 1,228,760 240,222
1,015
379,200
def.137,963
- ( V . 58, p .9 0 4 ,1035; V. 5 9 ,p. 7 7 8 ; V. 61, p. 5 1 5 ; V. 63, p. 5 5 5 , 6 5 0 ) .
N e w O r le a n s «fc N o r t h w e s t e r n R y . —Owns from Natchez, Miss,
to Bastrop, La., 102 miles. P rojected to Little R ock, Ark., and to New
O rleans and Mobile. Stock, p aid in, $4,500,000; par $100. In August,
1891, receivers w ere appointed. F rom the proceeds o f the receivers’
certificates issued, 25 m iles o f road (R ayille to Bastrop) was completed
in 1894, connecting with the Missouri P acific at Collinsville. Louis K.
Hyde, Titusville, Pa., is n ow receiver. F or year ending June 30, 1895,
$128,693 ;
charges, $129,f ross,bal., deficit, net, $46,707;r other incom e, $13,929; In year 1892-93
93;
$68,857. F o 1893-4 no report filed.
g ross,$64,145; net o ver taxes, $17,269. (V. 57, p. 4 6 7 .)
N e w O r le a n s & S o u t h e r n R R . —See Louisiana Southern Ry.
N e w O r le a n s & W e s t e r n R R . —See M ap.—Owus a belt railroad
encircling the city o f New Orleans and conn ecting w ith all the rail­
roads entering that city. E ntrance to business centre is had over the
tracks of the E ast Louisiana R ailroad.
The line extends from A vondale, som e 4 m iles above the city, to
P ort Chalmette, about 1 ^ m iles below it, a total length of about 18
miles. A t the latter point the com pany owns a large term inal property,
having a frontage o f about four-fifths o f a m ile on the Mississippi
R iver and containing about 2,300 acres, w ith 80 cotton warehouses,
cap acity o f 250,000 bales, a grain elevator having a capacity o f half
a m illion bushels o f grain, wharves and facilities fo r handling cotton,
grain and m erchandise.
The capitalization is $2,000,000 o f first m ortgage 5 per cent 50-year
gold bonds (State Trust Co. o f Now York, trustee,) and $6,000,000 of
com m on stock; par, $100. $500,000 o f the bonds are held for future im­
provem ents. In February, 1897, a second m ortgage for $2,000,000
o f 4 per cent bonds was authorized, of w hich $600,000 has been issued,
to fund the floating debt and p rov id e fo r im provem ents to terminals
and belt property. President (elected Maroh, 1897), Ohas. B. Van
Nostrand, 36 Wall St., N. Y.—(V. 63, p. 6 0 1 ; V. 64, p. 373.)
N e w p o r t & C i n c i n n a t i B r i d g e C o .—Owns bridge over tne
Ohio R iver from N ewport, K y., to Cincinnati, O. Bridge opened 1872
and rec instructed in 1895-96. L ouisville & Nashville is under contract
to use the bridge; rental, $115,000 annually. South Covington & Cin
ciunati Street R ailw ay is under 20-year con tra ct from 1897.
Stock and B onds .—Stock reduced in 1895 to $1,500,000, all common.
The new m ortgage o f 1895, is n ow the only lien against the bridge. Tlie
Pennsylvania Com pany owns $1,324,000 of the new capital stock.
E arnings .—F or year ending Dec. 31, 1896 (Dec. estimated), gross
$119,658. In 1895, gross, $1 24,519; net, $96,688; charges against
incom e, $ 6 3 ,2 5 0 ; balance, surplus, $33,438.
President, John E. Davidson, Pittsburg, Pa. (V. 63, p. 1 0 1 1 ,1159.)

|

Through C ount'dI ouk

<8
as

L.M U '/i
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OP THE

N e w O rle ans &
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TERMINAL PROPERTY

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Toledo.

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N e w O rle an s &

Xijan#.U

«AN«A8 CJJJfXt®

i.-i'-to-' „ Sr

W estern R .

R
.

Wharves. Warehouses. Cotton Compresses. Etc,

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BAILBOAD

STOCKS

^ fiiin fp

T« I O «

AND

BONDS.

.‘t.WortffJ

Atu.rfI'v.c;A n o t .
\ >
.V •
V<0
Ch*rU.WA

•J'jirD h , A'/,

a p b il

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W tB T W E C O

.u * o r

r i m

/NEW ORLEANS #
WESTERN R. R.
> IIO W IM .

TERMINAL PROPERTY
AND CONNECTIONS,

INVESTORS’

98

SUPPLEMENT,

[VOL. L X IV ,

Bonds—Princi
INTEREST OR DIVIDENDS.
__________________ RAILROADS._____________
Miles Date Size, or
pal, When Due.
Am ount
Par
Rate per When Where Payable, and by Stocks—Last
of
F o r explanation o f colum n headings, Ao., see notes o f
Outstanding Cent.
Payable
Road. Bonds Value.
Whom.
Dividend.
on tlrst page o f tables.
Hexo York New Haven rf Hartford—Stock. See text.
1st m ortgage (for $5,000,000)................................ r
Debentures, exchangeable for stock 1903.........c*
Debentures. $10,000,000, cu rren cy..........•
— c<fcr
N.Y. P rov. A B. IstM ., Prov. to Ston.(assumed).o*
1st M. (Stonlngton to New London) assumed.o*
Gen’ l mort. for $4,000,000, gold, assum ed..c.tr
8horo Line 1st M., N. Haven toN . London, C t___
B o n d s o f P r o p r i e t a r y , e t c ., L i n e s :

123
50
12
62
49

51
Bos. A N.Y. Air L. 1st M.,N. H. to WiUiman.,Ct.o*
3*5
Colchester RR. 1st M .................................................
36
Danbury A Norwalk con. M. ($100,000 are 6s).o*
36
Genl. M., Danbury,Conn.,to Wilson Point, Ac.c*
12
Harlem R. A Porte. 1st M.guar. ($1,000,000 6s) .e&r
12
2d mortgage, guar. (See V. 56, p. 8 1 3 ).........c<fcr
74
H ousatonic old consolidated m ortgage.................
Danbury Branch bonds, subject to c a ll..............
80
New consol, m ortgage (for $3,000,000) gold-.c*
55
Naugatuck IstM ., Nauga. June, to Winsted, C t.r
13
New Haven A Derby 2d m ort. (now 1st)............ o*
13
Consol, m ort for $800,000..................................o*
Funded coupon certificates....................................
92
N. H av.A North. 1st M.,N. H .to Con way J., Mass, o*
Consol, sink. fd. $15,000 per year, not drawn, o* 114
27
Northern Extension bon ds................................c*
D eb’ tures ext. in ’96, non-conv.,V . 6 2 ,p. 548.0*
17
H olyoke A W., leased, intges. ($ 200,000gu.)..c*
New England—See that, com pany.
Old Colon v—See that company.
5^
P aw tuxetV . 2 d M. (1st M. owned byN .Y .N .H .A H
Providence A W orcester 1st m ortgage.................
51
Nantasket Beach* 1st m ortgage.............................
tf. Y. Oxit.it TT.—Con.M .,nowlst,g.,red.at 105 in ’ 99.c" Text.

$100 $47,500,000 See text. Q.—M.
2,000,000
4
1883 1.000&
J. & D.
1893
100 Ac. 16,397,200
4
A. A O.
3,000,000
4
1897
M. A S.
1,000
1869
1,000,000
7
J. A j .
1,000
300,000
4
1881
A . A O.
1,000
1,000,000
1892
4 g. A. A O.
1880 l.OOOAo
200,000
4*2 M. & S.

New Haven, Co.’s Office. M ar.31,’97,2%
N. Y ., Chem’ al Nat. Bk. June 1, 1903
N. Y ., L incoln Nat. Bk.
See text.
Mar. 1, 1947
N. Y ., Central Trust Co. Jan. 1, 1899
do
do
Apr. 1, 1901
do
do
Apr. 1, 1942
N. H., Nat. N. H. Bank. Mch. 1, 1910

1880
1,000
1877
i,o o o
1880
100
1883
1,000
1873
1,000
1881
1880 500 Ac.
1882
1,000
1887
1883 1.000&C
1870 500 Ac.
1,000
1888
1,000
1888
1,000
1869
1,000
1879
1,000
1881
1,000
1886
1.000
1870

500,000
25,000
500,000
150,000
2,000,000
1,000,000
100,000
61,000
2,839,000
150,000
225,000
575,000
480,000
1,300,000
1,200 000
700,000
700,000
260,000

5
7
5 A 6
5
6 A7
4
4
5
5 g.
4
7
5
6
7
6
5
5
4A 6

F.
J.
J.
A.
A.
J.
A.
A.
M.
J.
F.
M.
F.
J.
A.
A.
J.
A.

A
&
A
A
A
&
A
A
A
&
A
A
A
A
&
&
A
&

A.
J.
J.
O.
O.
D.
O.
O.
N.
D.
A.
N.
A.
J.
O.
O.
J.
O.

N.Y., L incoln Nat. Bank Aug. 1, 1905
July 1, 1907
N ew H aven ,Conn.
July 1, 1920
do
do
Apr. 1, 1925
N. Y „ Chem’ al Nat. Bk. Oct. 1, 1903
do
do
June 1, 1911
New Haven, Conn.
Apr. 1, 1910
do
do
Oct. 1, 1912
N. Y ., Farm. L. A Tr. Co. Nov. 1, 1937
New Haven, Ct., Treas. June 1, 1913
New Haven, Conn.
Feb. 1. 1900
do
do
M ay 1, 191S
do
do
Feb. 1, 1900
N.Hav.,N. Tradesm ’sBk Jan. 1, 1899
do
do
Apr. 1, 1909
do
do
Apr. 1, 1911
do
do
July 1, 1904
do
do
A p r.’ 98A1911

1880
1877
1880
1889

60,000
1,500,000
25*1,000
5,600.000

6
6
2*2
5 g.

A.
A.
A.
J.

A
&
A
A

0.
O. P rov.,R . I. Hosp. & T.Co
O.
D. N. Y. Office A London.

1,000
$ or £

A pr.
Oct.
Oct.
June

1,
1,
1,
1,

1900
1897
1900
1939

D ividen ds .—The 8 per cent per annum guaranteed is paid semi-an
nually, Jan. 1 and July 1. In addition both stocks have received divi­
dends out o f the earnings o f the Fourth Avenue horse railroad, annually
in April, as fo llo w s: From 1882 to 1889, inclusive, 2 per cent yearly;
1890 to 1893 2-u* p. c.; in 1894 to 1896, inclusive, 3 p. c.; under lease
to M etropolitan Traction above m entioned these dividends w ill be 3 ^
per cent fo r five years from July 1,1896; then 4 per cent.V . 64, p. 755.)

L atest E arn in g s .—F or six m onths ending D ec. 3 1 :
6 mos.—
Gross.
Net.
Oth. in c. Int. < taxes. Bal. fo r div.
£
1896....... $15,277,608 $5,223,544 $300,524 $3,143,342 $2,380,726
1895....... 16,129,888
5,086,202
234,532
3,399,211
1,921,523
From this surplus o f 1896 ($2,380,726) dividends fo r the six m onths
call for $1,899,033, leaving a balance o f $481,693.

N e w Y o r k L a c k a w a n n a A: W e s t e r n .—Binghamton to Buffalo
and International Bridge and branches, 214 miles, o f which the main
line, 213 miles, is double track; Delaware L A W. has a lease for dura­
tion of charter from October, 1882, giving a guaranty o f the bonds and
5 per cent yearly on the stock, bonds and stock being endorsed.

A nnual R e p o r t .—Fiscal year ends June 30. A nnual m eeting is
held third Wednesday in October. R ep ort for 1895-96 was in V. 63, p.
499. Figures fo r 1893-94,1894-95 and 1895-96 include Old Colony.
Fr. en d .J u n e30.
1896.
1895.
1894.
1893.
Miles op era ted ..
1,447
1,447
1,447
848
Gross ea rn in g s..$30,046,171 $27,608,009 $25,281,876 $17,923,068
Net earnings....... $8,908,945
$8,543,981
$7,349,167
$5,517,134
Other in c o m e .... 1,155,144
528,552
404,489
400,418

N ew Y ork
N ew

L a k e E r i e & W e s t e r n . — S ee E r ie RR. Co.

Y o r k N e w H a v e n A H a r t f o r d H R . — Owns from Wood-

awn, S. Y., to Springfield, Mass., 122 miles; branches to New Britain,
M iddletown. New Canaan, etc., 73 miles; N.Y. Providence A B oston Di­
vision, New London to Providence, 62 miles, and branches, 19 m iles; total
ow ned, 276 miles, o f which 50 miles has four tracks; leases, and for
the m ost part p ractically owns, lines running to Winsted, Conn.,
T u rn ers Falls, Mass., WUlimantic, Conn., etc., 521 miles; also leases
P rovidence A W orcester, 48 miles; has trackage into New York, 12
miles, and other trackage, 5 miles; Old Colony (which see) 597 miles
(since July 1,1 8 9 3 ); total Ju ly 1 ,1 8 9 6 ,1 4 6 4 miles; also controls [oper­
ated separately] New Englan-i RR., 559 miles. A new Station is being
built in Boston; 3ee B oston Term inal Co. in “ M iscellaneous Cos.”
H is t o r y .—A consolidation in 1872 o f the New Y ork A New Haven
and the New Haven A Hartford. In years 1892 and 1893 acquired
control o f several com panies whose bonds are given in table above.
See S upplement o f Sept., 1894. See also Old Colony.
In October, 1895, a controlling interest in the stock o f the New E ng­
land RR. was acquired, but that road is operated independently. See
V. 63, p. 499. In March, 1897, the Shore Line RR . was m erged by
consolidation and its bonds assumed.
Control o f the Stam ford Street Ry. was acquired in 1895, also the
entire stock o f the Fall R iver SS. line and 18,233 out o f 25,000 shares
o f the Providence A Stonington L in e ; the P rovidence A Stonington SS.
Co. voted in September, 1896, to w in d u o its business—see V. 63, p. 602.
In October, 1895, control was acquired o f the M eriden E lectric Ry.
Capita l Sto ck .—Stock authorized, $100,000,000. It m ay be issued
fo r improvement*, buying stocks and bonds o f leased roads, Ac.:
$16,397,200 will be needed to take up the convertible debentures in
1903. (Y. 58, p. 289, 3 7 3,57 9.) On Oct. 1, 1895, additional stock
fo r $9,500,000 was issued, being offered to stockholders at par. P ro­
ceeds of this stock and o f $3,247,200 additional debentures, $12,750,OOO cash in all, are to be used to com plete im provem ents, four-track­
in g , etc. See V. 60, p. 1105; V. 61, p 559.
D ividen ds .— ) 1873-1893.
1894.
1895 to Mar., ’97, (incl.)
Per cent, s 10 yearly.
9
8 (2 per cent quar.)
Bonds .—The convertible debentures o f 1893 fo r $15,000,000 are ex ­
changeable at option o f holder “ on A pril 1 ,1 9 0 3 , or within 60 days
thereafter, and no longer,” for com pany’ s stock at par. I f not then
exchanged they w ill mature and be paid in cash A pril 1 ,1 908 . See
V. 55, p. 1035. In June, 1895, $3,287,500 additional debentures
(dated Oct. 1) were sold at par. See also under “ Stock” above.
A m ount o f debentures listed on N. Y. Stock E xchange to April, 1897
$16,437,500. See description on page 4 S upplem ent o f A pril, 1895*
H olvoke A Westfield bonds fo r $200,000 carry 4 p. c. and m ature A p ril
1 ,1 9 1 1 ; $60,000 carry 6 p. c. and m ature A pril 1,1 898 . N on-convert­
ible currency debentures fo r $10,000,000 w ere aut horized in A pril, 1897.
Under the lease New Haven road “ assumed” the debt o f Old Oolonv
road. There are $200,000 rolling-stock certificates and certificates o f
indebtedness o f the H ousatonic R R ., due in 1899.
In F ebruary, 1897, $5,000,000 New England consol. 5s had been guar­
anteed, prin. and int. (stamped) and sold—see guaranty Y. 64, p. 611.

Tot. net ineom e$10,064,089
Int. on fund. dbt.
$826,091
Other in te r e st...
660,766
R entals................ 3,418,105
T axes...................
1,492,237
D ividen ds........... 3,608,542

$9,072,533
$694,548
111,983
3,322,407
1,464,605
3,794,290

$7,753,656
$464,039
126,504
3,379,975
1,409,460
3,631,293

$5,917,552
$149,113
167,051
1,757,532
845,858
2,945,535

B alance,surplus.sur.$58,348 def.$315,302 d f.$l,2 57,6 15
$52,463
—(V. 63, p. 459, 4 9 9 , 5 9 7 ; V. 64, p. 287, 330, 374, 470, 567, 611, 664.)
N e w Y o r k Sc N o r t l i e r n .— See N e w Y o r k & P utn am .
Y o r k O n t a r i o Sc W e s t e r n R y . —(See Map.)—Operates
from Weehawken, opposite N. Y . City, to Oswego, on Lake Ontario, in­
cluding : (If See this com p an y.)
Road Owned—
Miles.
Road Controlled, <tc.
Miles.
Oswego to Cornwall, N .Y .........272
P ecksport Conn, (all ow n ed ).. 4
Braneh to New B erlin.............. 22 Ontario Oarb, & S. (all owned.)
do
to D elhi.......................... 17
H ancock.N .Y.,to Scranton,Pa. 54
do
to E lle n v ille ................
8 R om e & Clinton (le a se d ).........$13
Utica Clinton & Bing, (leased).$31
Total o w n e d ............................. 319 W harton V alley (leased)..........
7
Trackage (till 2079) W. Shore RR.;
C’nw alltoW ’h’ken(V.61, p.425) 53
T otal operated Oct. 1,1 8 9 6 .-4 8 1
O rgan ization .—The New Y ork & Oswego Midland was sold in fore
olosure Nov. 1 4 ,1 8 7 9 , and this com pany organized. The N. Y. & On­
tario Land Co. was form ed in 1889 in its interest and acquired about
855 acres o f coal land on whioh $600,000 bonds w ere issued. See V.
50, p. 105, and M iscellaneous Com pa nies .
Stock .—Stock is $58,118,982, (par, $100), o f which $5,000 is old p ref.
V oting T ru st .—The preferred was originally $2,000,000, hut all e x ­
cept $5,000 has been exchanged fo r bonds under act o f June 8,1 885 .
The exchanged p referred stock is held alive under a v otin g trust and
elects eight o f the thirteen directors under a provision o f the “ Articles
o f A ssociation,” until a dividend shall have been earned and paid upon
the com m on stock. The v otin g trustees elect directors in the interest
of the com m on stock. See V. 61, p. 425, 426.
B onds , E tc .—T he m ortgages c ov er 319 m iles o f road ow ned, and all
securities o f Ont. Carb. A Scran. R y., 54 m iles, are ow ned and pledged
u n derthem ort. F or consolidated mortgage o f 1889 see abstract V. 49, p.
238. The refunding mortgage secures $20,000,000 o f 4 p. ets., o f whioh
$5,500,000 to retire $4,000,000 sixes (paid Sept. 1, ’92), $7,000,000 Do
retire $5,600,000 consol. 5s, balance fo r im provem ents, -fee. The mort.
covers all the com pan y’s property, real and personal, acquired and to
be acquired; m ortgage trustee is The M ercantile Trust Co. The 5 per
cent bonds are redeem able in and after 1899 at 105 and accrued in
terest. There are $75,000 Wharton Val. guar. 5s. due 1918. Refuuding
bonds for $250,000 w ere listed in February, 1897.
C ar T rusts .—In Decem ber. 1896, there w ere car trusts for $152,770
(including interest) part m aturing m onthly to A pril, 1898, and part
being 5 p. e. car trust notes to Guaranty Trust Co. of N. Y., payable
quarterly to February, 1899; loans and bills payable were $516,833;
loans and bills receivable w ere $987,392.
N ew

L eased L ine Stocks .—The stocks o f the leased lines unexchanged
o n June 30 ,185 6, and the dividends payable thereon are show n below
tbaxx'tHo. t, $1.00 each excepting Danbury A N orwalk, whioh
‘]ein£ all>ases are for 99 years,
E arnings .—8 m onths, 1 1896-7...... G ross, $2,641,808; net, $800,428
are $50 each. The h
Unex­
Divid'd Divid'd
July 1 to Feb. 28.
{1 8 9 5 -6 .......G ross, 2,552,392; net, 758,238
.
Total issue.
changed. p e r an. period.
Stocks—
$600,000
$599,000
A nnual R epo r t .—Fiscal year ends June 30. A nnual m eeting last
6 p. c. Q .- J .
Berkshire.
.........rf.......... 2,998,500
1,404,000
4 p. c. A . & O. W ednesday in September. R ep ort fo r 1895-96 was given at length in
B. & N. Y. A ir Line prtunon.. 864,231
- 864,231 Pays no divid’d. V. 63, p. 498, 510: see also editorial, p. 484. Coal traffic in 1895-96
ts
,
, „T
do
„ c011.......... 600,000
153.600
5 p. c. J. & J. was 1,673,861 tons (out o f 2,524,622 tons), against 1,715,991 tons in
Danbury & N o r w a lk ....
2 875 800
1894-95, 1,642,063 tons in 1893-94, 1,352,225 tons in 1892-93,1,120,152.600
1 p. c.
July.
Housatonic p re f...............
2,000!000
1,027,800 10 p. o. J. & J. 416 in 1891-92. and 811,485 in 1890-91.
93,400
4
J. & J.
Year ending June 30.
1896.
1894.
1895.
N. if. & D erby......................
2,460 000
56,500
4
A . & 0 . Gross earnings......................... $3,779,335
$3,842,119
$3,669,113
N- H. & Northam pton ( 2 ) .... 16,308,900 10,790,000
7
Q .- J .
Operat’ g expenses and taxes. 2,698,558
2,732,540
2,642,412
Old Colony
..............
. . . . 100,900
100.900
7 p. o. / . & J.
P aw tuxet V alley par, $ (?))
448 700
447,200
6
Q .- J .
B alance, net earnings___$1,080,777
$1,109,579
$1,026,701
Stockbridge & P ittsfield ... .
’
Tot. net incom e, incl. “ other.” $1,162,242
$1,184,669
$1,101,791
Interest on m ortgage b on d s..
605,000
569,042
589,000
Miseell. interest and d iscount
371
13,875
5,275
Rentals p a id .............................
181,302
182,186
181,133
England 5s and $3,000 000 N e * 3 1. l s o f ^ w e r o $1?748,000^ will be
(loana^ and bills p a y a b le D e c . 00 o f debentures authorized in April, Balance, surplus...................... $375,569
$326,383
$419,566
18976 wii?rlfr.r®D af nini^ f^ Othe m rovem en ts, etc. V. 6 i ’/ p . 374, 064. - (V 63, p .2 6 6 , 269, 4 .
?
9 8 , 5 10, 880; V. 64, p. 374, 424.)
1897, will furnish funds for O .O ip
1

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INVESTORS’ SUPPLEMENT:

1VOL. L X IV -

S u b s c r ib e r s w i l l c o u fe r a g r e a t fa v o r b y g iv in g im m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e d i n th e s e T a b le s .
Bonds—P rin olINTEREST OR DIVIDENDS.
RAILROADS.
Date
pal,W hen D ne,
A m ount
Par
R ate per When Where payable, and by Stocks—Last
of
Of
F or explanation o f colum n headings, & c.,seo notes
Outstanding
Whom.
Cent. Payable
Dividend.
Road. Bonds Value
on first page o f table.

65

1892 l,000& e
1896 1 0 0 ,&c.
l.o o o
1883
1,000
1883
1,000
1887
1,000
1894
1,000
1887
1,000
1887
100
....
1880 500&O.
1,000
1881
1,000
1887
1,000
1887
500
1882
1,000
1890
1,000
1895
1893 l.OOO&c
1,000
1892

91
110
102
104
104
18

&&
1,000
1,000
100
1,000
1891
1896 500 &c.

R efunding m ortgage fo r $20,000,000, gold.. .o*<fcr Text.
N. T. Phila. < Norfolk— le t M., $ 10,500 p. m., gold.C'
£
Incom e m ort., gold, non-cum., $10,000 p er m ile.r
N . T. it P utnam —S. Y. & No. 1st mortgage, gold.C
N. Y. & P. 1st eon., $6,200,000, g „ gu. p.Ai. end..c*
N. Y. <t Rock. J ’h.—1st M., $1,000,000, gold, gu..c*
S
Incom e bonds, non-cum illative.............................. r
N . r . Susquehanna it West.—P rof.stock (See t e x t )...
Midland RR . o f N. J, lstm ortga g e, g o ld ............o*
Paterson E xtension RR. 1st M „ real estate, g. .c*
N. Y . 8us. & W. 1st M., refdg, g. (2d M on 73 m.) ,c*
2d m ort. ($1,000,000 gold) 3d M. on 73 miles.o*
Debenture boifda......................................................
General m ortgage for $3,000,000, gold ............ c*
Collateral trust bonds, subject to call, cur.......
Terminal 1st mort. fo r $2,000,000, gold ........ c*&r
Wilkesb. & East’n, 1st M., gold, gu. p. & i. (end.)o*
N . Y. Texas itM ex.—lBt. M .,g.,$or £,gu.l>y So.Pac.o*
N orfolk < Carolina—lst-M . for $1,500,000, gold.c*
£
2d m ortgage. $500,000. g o ld ................................ c*
N orfolk it Southern—Capital stock .............................
1st mortgage, $10,000 per mile, g old ...................o*
N orfolk Va. Beach it So.—1st M „ gold, red. at 105.

112
112
57
57

__

....

72
1
134
134
134

1882
1889
1896

$8,375,000
4 g- M. & S. N. Y. Office, 56 Beaver.
380,000
J. & J H ornellsville,N .Y.office
6
1,848,000
S
6 e ■ J. <C J. Pliila., Cassatt & Co.
1,000,000
6
J. & J.
1,200,000
New Y ork City.
o g- A. & O.
4,025,000
4 g* A. & O. N.Y., Gr. Cent. Station.
=
984,000
5 g. M. & S. N. Y ., Corbin Bank’g Co.
Jan.
1
1,000,000
N one paid.
5
12,994,100 See text. Various N.Y.,Of. 26 Cortlandt st
3,500,000
do
do
6 g. A. & O.
250,000
do
do
6 g. J. & D.
3,750,000
do
do
5 g. j . & j .
453,500
do
do
4 'eg. F. & A.
93,500
6
F. & A.
do
do
2,300,000
do
do
5 g. F. & A.
416,000
M. & N.
do
do
6
2,000,000
fc
do
do
5 g. M. < N.
3,000,000
J. & D.
do
do
322,700
i g1,457,500
4 g. A. & O. N. Y.,S.Pac.Co.; London.
1,320,000
5 g. A. & O. N. Y ., Central Trust Co.
300,000
5 g. j . & j . Balt. Safe Dep. & Tr. Co.
2,000,000 See text Q .- J . N. Y., A tlantic Tr. Co.
750,000
do
do
5 g. M. & N.
500,000
fc
5 g. M. < S. N. Y , Guaranty Tr. Co.

June 1, 1992
Jan. 1,
Oct. 1.
Oct. 1,
Oct. 1,
Sept. 1,
Sept. 1,
N ov. 27,
Apr. 1,
June 1,
Jan. 1,
Feb. 1.
Aug. 1,
Aug. 1,
May 1,
\fay 1,
June 1,

1923
1933
1927
1993
1927
1927
1893
1910
1910
1937
1937
1897
1940
1905
1943
1942

Apr. 1, 1912
Apr. 1, 1939
Jan. 1, 1946
A p r.10,’97,1%
M ay 1, 1941
Sept. 1, 1946

N e w Y o r k i t P e n n s y l v a n i a B R .- O s w a y o , Pa., to E exville,
N. Y ., 28 miles extension to Canisteo, 14 miles, com pleted in N ovem ­
ber, 1896; total, 42 miles. From Canisteo w ill reach. H ornellsville over
Brie R R , Stock, $500,000 ipar, $100). See V. 6 2 ,p. 1178.

stock o f this com pany on certain terms, and have m ostly been so
exchanged. Paterson extension 6s for $25,000, included iu table, are
held by sinking fu nd trustees. There are also outstanding $70,000
P assaic & N. Y. R R . 6s, due 1910 (int. J & D ) , interest on w h ich is guar­
anteed under 999-year lease.
N e w Y o r k P e n n s y l v a n i a & O h i o . —See N ypano RR.
G en eral F inances .—In Ju ly, 1895, a car trust fo r $366,308 was
N e w Y o r k P h i l a d e l p h i a i t N o r f o l k , —Operates from Delmar. m ade to the RR. E quipm ent Co., payable $4,361 m on th ly fo r 7 y ears;
Del., to Cape Charles, Va., 95 m iles, and K ing’s Creek, Md., to Crisfield, outstanding as in table. In 1895 the ten-year collateral tru st m ortgage
17 miles, under a traffic oontract, which expired in 1894, the Penn. fo r $500,000 was issued to p ay o ff floating debt. Of these bonds
R R . Co. pm-chased a portion o f the coupons. The com pany Is now $84,000 had been retired by sinking fu n d to Dee. 1 ,1 8 9 6 .
paying its ow n interest, beginning with Ju ly 1 ,1 8 9 5 . A s ix per cent
E arnings .—8 m onths, ) 1 8 9 6 -7 ...G ross, $1,563,897; net, $706,590
bottom ry m ortgage for $225,000 due Jan. 1 ,1 8 9 5 , was reduced b y the
July 1 to Feb. 28.
5 1 8 9 5 -6 ...G ross, 1,511,088; net, 636,860
paym ent o f $165,000; balance due, $60,000. On Jan. 1, 1895, there
Surplus over charges f o r 6 m onths ending D ec. 31, 1896, w as $131,w ere 5 per cent car trusts for $120,000; 4 p. c. oar tru-ds, $50,000;
“ miscellaneous o b lig ation s” and ourrentliabilities,includ ing$1,004,- 733, against $89,328 in 1 8 9 5 —V. 64, p. 424.
791 matured iuterest coupons unpaid held by Penna. RR., $1,151,354.
R epo r t .—R ep ort for 1895-96, V. 63, p. 398, show ed on 162 miles:
Stook, $1,714,375; par, $100.
1895-96.
1894-95.
1893-94.
E arnings .— f 1896...................................gross, $945,833;
net,$200,231 y ea r ends June 30.
Fiscal
(12 mos.)
(12 mos.)
(13 mos.)
Year ending-J1895...................................gross, 912,533;
net,201,914 earnings..............................$1,836,799
Gross
$1,753,353
$2,088,141
Deo. 31. (1 8 9 4 ................................... gross, 904.692;
net,198,845
N et earnings.................................
806,942
586,847
903,719
*56,083
23,527
27,499
N e w Y o r k & P u t n a m . —Owns from 155th Street and 8th Ave., Other inoom e...............................
N. Y. City (terminus Manhattan E levated), to Brewsters, N. Y., 54 miles;
T otal..............
$863,025
$610,374
double-track branch to Yonkers, 3 in.; operates 4 m.; total, 61 miles.
$931,218
669,618
$624,900
$587,992
H is t o r y .—Successor to the N. Y . & Northern, sold under foreclosure Interest on bon ds........................
R entals...........................................
26,703
26,703
30,950
o f 2d m ort. Dec. 28 ,189 3, and purchased for N. Y. Central & Hudson T axes..............................................
50,096
47,499
39,549
R iver R R ., w hich operates it under lease. V. 58, p. 127. As to legality M iscellaneou s..............................
26,296
52,649
76,777
o f the foreclosure sale, see V. 63, p. 7 5 4 ,1 1 5 9 and article on page 820.
Sto c k .—Capital stook is $6,500,000; par, $100.
B onds .—The N. Y. Central guarantees $5,000,000 o f new consol, mortage bonds, o f w hich $1,000,000 wore reserved for im provem en ts; also
§1,200,000 to retire at m aturity the first 5s.—(7. 63, p. 754, S20, 1159.)
N e w Y o r k Sc R o c k a w a y B e a c h B y . - f See Map Long Island RR.
—Owns from Glendale Junction to Rockaw ay Park, with branch, 12
miles, o f w hich 10 miles double track, mostly 80-lb. ste e l; trackage to
Long Island City, Brooklyn, Far Rockaway, etc., 18 miles. Stook au­
thorized and outstanding, $1,000,000; par, $100. Controlled by Long
Island Railroad Company, whose endorsement is printed on first m ort­
gage bonds. F or year ending June 30, 1896, gross, $256,127: net,
$64,961; other incom e, $2,700; interest on bonds, $49,200; balance,
surplus, $18,461. In year 18944)5 gross, $231,860; deficit from oper­
ating (large expenses fo r im provem ents being charged against earn­
ings), $6,833. (V. 61, p. 4 6 9 ,1 1 5 5 ; V 63, p. 6 5 1 .)
N e w Y o r k S u s q u e h a n n a iV W e s t e r n .—Operates direct line
from Wilkesbarre and the W yom ing V alley coal fields to Jersey City
opposite New York City, with branches, a total o f 225 miles;
Lines owned, in fee.
Miles.
L ines leased, etc.
Miles.
Jersey City to Gravel PI., P a .. 101 M iddletown Un. & Water GapTT 14
[D ouble track 19 miles.]
Wilkesharre & Eastern—
T w o bridges,N. J.,toU nion ville 21
Wllliesbarre to Stroudsburg.. 65
Other branches........................... 17 Trackage, etc..............................
9

B a la n ce.................................sur.$90,312 tdf.$141,376 sur.$195,950
'N ote .—Oth erin com e in 1895-96 includes $33,951 from iuterest o n
bonds owned, $15,085 sale o f old m aterial and $7,048 from rents, e tc.
t This d eficit is attributed to the partial suspension o f coal tra n sp o r­
tation during the mouths o f June, Ju ly, A ugust and Septem ber, 1894
T he S ystem .—Earnings for the w hole system , 225 m iles, w ere :
In 1895-6 g ross............. $2,217,696 I N etin com e ....................... $1,005,191
N et....................................
948,737 F ix ed ch arges................
925,938
O th erin com e.................
56,454 I B alance, surplus................................. 79,25
D irectors .—(Re-elected Sept., 1896.)—President A m os L. H opkins,
Simon B org, H. O. A rm our, Thos. A. M cIntyre, C. C. Cuyler, G. A . H o­
bart. H enry Sanford, Roswell Eldridge, H. B. Plant, Gustav E. Kissel.
G. W. Y oung, C. J. Lawrence, W. L. B u ll.—(V. 64, p. 181, 424, 664.)
N e w f o r k T e x a s dc M e x i c a n . —Owns from R osenberg to Viotoria,
Texas, 91 miles. Stock, $630,040. o f which Sout lorn Pacific Com pany
owns $608,000. There are also $60,500 old sixes outstanding Oper­
ated by the Southern PaeiftoCo., which guarantees the 4 p .o. bonds. On
June 3 0 ,1 8 9 3 , loans and bills payable, $600,276.
E arnings .— 2 m onths, ) 1897..........Gross, $43,974; net, $17,324
Jan. 1 to Feb. 28.
(1 8 9 6 ..........Gross, 29,372; net,
6,150
In year ending Dec. 31, 1896, gross, $ 2 9 8 ,9 9 7 ; net, $143,024In 1895 gross, $2 35,1 92; net, $77,657: deficit under taxes and
charges, $29,648. D ue Southern P acific Co. Jan. 1 ,1 8 9 6 , $630,670.
227
Total road operated (Usee this co.) June 3 0 ,1 8 9 6 ..........
N o r f o l k Sc S o u t h e r n R R . — Owns Berkely, Va., to Edenton, N.
Susquehanna Connecting was organized in 1897 to build about 22
miles, and conn ect with Wilkesb. < East’ n at W inton. (V. 64, p. 181.) 73 miles; (ferry across Albem arle Sound to M ackey’ s Ferry, 9 m iles;)
fc
thence road to Belle Haven, 30 m iles; total m ain line, 103 miles.
H IS T O R Y .— Consolidation in June, 1881, o f the Midland o f New Jersey
H is to r y .—Successor to N orfolk Southern, foreclosed A p ril 29 ,189 1.
and other railroads and on A pril 25 ,189 3, w ith the Hudson R iver RR.
A Terminal Co. The Wilkesbarre & Eastern, com pleted in 1894 and
D iv id e n d s .—July, 1892, to A p ril, 1897, incl., 4 p. c. p e r annum.
controlled b y ownership o f stock, affords independent access to the
R e p o r t .—Fiscal year ends June 30. R eoort 1895-96 in V. 63, p. 600.
anthracite coal Helds. The New Y ork & Wilkesbarre Coal Co. was
Gross.
Net.
Other Inc. Charges. Stir, tordiv.
form ed in its interest in 1893 to aequire coal lands and issued $450 - 1895-6................$453,442
$131,208
$5,181
$40,985
$95,404
000 o f 6 per cent 1st m ortgage bonds. The N. Y. S. & W. Coal Co. in 1894-5................ 436,595
154,629
2,042
*57,078
99,593
N ov., 1896, had outstanding first 6s duo 1912, M. & S., fo r $495,000
Im provem ents in charges $2,003 in 1895-6 and $19,971 in 1894-5.—
and 2d mtg. 5s fo r $525,000; the latter bonds are pledged under the
(V. 63, p. 6 0 0 .)
ooil. trust o f 1895.
In 1895 there were im portant changes in the d irectory and Amos L
N o r f o l k V i r g i n i a B e a c h Sc S o u t h e r n R R . — N orfolk to Vir­
H opkins was made President. The floating debt was then taken care ginia Beaoh, Va., 18 miles. Owns P rincess Anne H otel and 1,300 aores
o f. (V. 60, p. 8 7 4 ,1 0 1 0 ,1 0 5 9 , and “ D irectors” below.
o f land at Virginia Beach. A reorganization o f the N orfolk Albemarle
new,preferred, $13,000,000; new com m on, $13,- & A tlantic RR.. foreclosed in 1896. See V. 62, p. 909 and 1178. Stock,
$1,000,000. First m ortgage is fo r $500,000; trustee, G uaranty Trust
00 0,00 0; outstanding, preferred, see ta b le ; comm on, $12,261,200.
Company, N. Y. A lfred Skitt, New Y ork, President; J. Carsteusen,
D ividen ds .— ) N ov.. 1891, to 1893.
None
S ecretary and Treasurer. V. 63, p. 459.
On pref., p. ct. 5
2 H yearly.
since.
N o r f o l k & W e s t e r n R y . —This system consists o f the follow in g ;
Tlie issue o f refun din g m ortgage bonds is lim ited to $3 750 000. Of tile general m ortgage 5s, bonds are reserved to retire the
Road owned.
Miles.
Mites.
second m ortgage 4*as and the debenture 6s. dee m ortgage abstract V Norfolk, Va., to Columbus, O ..7 1 0 R oanoke to W inston............... 124
52, p. 84. The seconds are exchangeable for generals on paym ent o f Radford, V a .,to B ristol,T enn . 107 Sundry bran ch es.........................131
Roanoke, Va., to H agerstow n.238
b e e °u ? is U T o A p ? i!,lN
89V- ^
ExohaDS« $2,300,000 generals had Graham to N orton ............ ........ 100
Total o f all Oct. 1, 1 8 9 6 ...1 ,5 7 0
The term inal bonds listed in Sept., 1893, (U. S. Trust Co., trustee) are Nor. Car. Juno, to Iron Ridge. 45 D ouble tra ck .............................
49
an absolute first m ortgage on the extensive term inal p roperty obtained L ynchburg to Durham, N. O.. 115
from the Hudson R iver RR. & Terminal Co. and on all im provements
Organization —This Railway com pany on Oct. 1 ,1 8 9 6 , succeeded to
to lie m ade thereon. They thus cover 3 miles o f road, o f which about the property and franchise o f the N orfolk & W estern RR. sold in fore­
one-third is a double-track tunnel u u ie r the Palisades, completed in closure under the loO -year and M aryland «fo W ashington division
May, 1894 ;See V. 58, p. 866), and 62 acres o f term inal property on the luortgages and o f the Lynchburg & Durham RR. foreclosed uuder its
Hudson, opposite 96th S t.,N .Y .C ity. S eeabstractof mort. V .5 7 ,p .512. first m ortgage, and subsequently also o f the R oanoke & Southern for
The Wilkesbarre a; Eastern 1st 5s (Guaranty Trust Co., form erly N Y* closed Nov. 24 ,189 6, and merged in N. & W. The reorganization p in
G. & I. Co., trustee) are unconditionally guaranteed.—V. 60,11. 481
was in V. 62, p. 641. The old stock paid an assessment o f $12 5
The New Jersey Midland ju n io r securities are exchangeable into per share, the old com m on receivin g 75 per cent and the old preferre

K A llE O A D

A pbix ., 1SW.J

STOCKS

AM )

101

150KDS.

n ib w rllM ri u t i l e o u ffr * s r e a l fa v o r by g iv in g Im m ed iate u otlce o f an y e r r o r d iscov ered In th ese T ab les
Bonds - Print!1INTEREST OR DIVIDENDS.
-- ------------------------- 5 * 5 5 2 ^ 5 ® — ------------- --------- M iles | Date Size, or
pal, When Due.
A m ount
For eip ianation o f colum n lura.tlo.ns A c., see noteof
of
Par
Rate per; When W here Payable, and by Stocks—Last
Outstanding Cent. , Payable
Whom.
Dividend.
OB firs* page o f tables.
Road. Bonds. Value.

Horfotk 4 W
rttern K —
v

$100 $66,000 000
Common stodk, ««d,0 0 0 .0 0 0 .......... ••••-•••-• ----- •
A<lja»t!neat p rof, * p. e. a o n e a m , #2-4,500*000..
100 23,000.000
81 i 186S
J. N.T.,M erc,Tr,Co.*PM I. July 1, 1900
1.000
*96,000
S e r f it A FetaM b'r—24 M. snow 1st. Jfor.to P e fg .o
July 1, 1900
1.000
South Side—Cornel, more.. 1st p w l , e x te n d e d ,.e 133 1868
290.000
133 1868 100 A-o.
C onsol M 2d a n t , gold, e x te n d e d -.-.,........
270,500
July 1, 1900
252,800
Jan. '98-1900
Consol, 3d prof., Petern.urg to Lvneb. * b p s .. c- 133 ls « S 100 Ac.
133 ! 1868
1.000
1.10.000
do
do
old 6a, •xtondwl Jan. 1 ,1 806
Ju ly 1, 1900
133 1863
1,000
do
do
oW •!«. ex ten ded Jam 1. td »7
100,000 1
July l , 1900
10,900
< T ran. F re t stock, Hen da 2 1 1 usite«...' a i d
k
....
1,000
980,000
June 30,190 0
Enlarged H, (exten d in , i8 * t » ........................... . . e 21-1 1854
1.0 0 0
« b M . now 2d , Lyueitb'g soBriatol and b p e b .-e ; a u , I860
-Moll. 1, 1900
,000,000
So-rf.d:We«t.Gea.M„St>rfo!'k w B r fr to U te . *old.c* 428 18.81
1.000
7,283,1X10
May 1, 1931
160 j 1382
1,000
2,000,000
X * » B lver division l « l r o o r l i w . gold.......... fi­
Apr. 1, 1932
1,000
Feb. 1. 1934
See text.
8,000,000
lm ,ro v e w e n t ,k E xtension M on gsxe, x old...e~ , 538 1883
120 ’ 1888
1,000
4 k. M. A N. .V.Y.,Mcr.Tr.Co. A Phil. Nov. 1, 19S9
5,000.000
Betoto Valley * S e w England. 1 * € » , c * i
First consolidate.’. .,r u
• « bund . t., i„. .
. .uly If n ecessa ry ).
N ew Y ork. etc.
P rior t o o bonds, 83.500.000, gold, r e d at 103 1.576
1940
m
4 g.
" --------- ~
|
4 g. A. A O. 1st coup, due Apr, l , *97 Get. 1, 1996
Firs* «© o*ol*.$83,500,060. gold...............-o’ l r 1,570 1596 500 Ac. 38,322,875 i
iHoa
500
600.0001
'W T
C ol Cbn. A Term, lat M.. goM, gm. p. A !. (etutH-3 K J. A J. N. V., A ii-T r. A P h lla Jan. 1. 192*2
6 «.
. . . . { 1898 - 1,000 |
336.000 ,
Q .- J .
Bqttip. trusted 1893. gold, nut •ut.Ject to m IL . p
................
Ap.*97-lin.*03
1802 1,000
331.000 Equlo. trust*, w . by UK. EoiUpat’tC ow $ ...... e . . . .
V .-J .
................
Apr-97-Oot>’02
....
100
4,000.000
F. A A. /
Burlington, N. C.
Feb., '97,3 % %
SonA O ar.-eotgEPtSaa ©SUfl.lSOI-Hwm 7V, 223
76
1881 i 1,000 i
600.000 i
JfertH P t o n / t t M . Mid,»ub.tocall atlOO.cj
M. A N. Ban Fran., Co.’s Office.’ Nov. 1, 1901
91 : 180-2 1,000 ,
908.000
General M. for *1.500.000, « ,H „ ........ ....... P
J. A J.
do
do
’ Jan. 1, 1912
86 I . . . .
50
So, fW d~8Ut„8p.e. *n.«»yr*.,^O0O.OOt>»uth.
4,720,780 8 per au. tJ .-F , PU1U. O f.,2 4 0 S o. 3 d 8 t. Feb.28.'07, t%
1.800.000
l
M. A N.
do
do
May l , 1936
86 I86 0 300 * c .
Obi 2d M., ooar 1st M.I 7s ox
4.500.0001
7
J. A J,
do
<lo
Jan. 1, 1903
Oeomrai (Boram ce bonds....... ~ ......... ............. »«**N
»<
Ms A
do
do
Obttaol. bond* osoured by $1,200,000 s to ck ........ r . .8,5! I S B : :::::: 1 1*200*000
.
Sept. 1. 1905

tt

i
f mile-**. Stock anthorlrctt, #:i,CKK>,00o; I*sihh1. #2 379*509; par, #100*
A W e t i t N i t k a t i w a y { C o a e liM f e « lh —
112% per eeat la sew i M v b vitask, The new preferred w * » issued i Extostetoft 0 a jfirteitdjy f o iw io m r e s a lt settled.
• ;##1*1P€»SM
$
il4©M
|«Ft*
1 F or y ea r ending Jtx&e 3 0 , 1S96, gr»>**. #3^3,395: net,
intarTts* M i W k ds Wt**toni (tn* t t * a f*mrga®f*Ati®li la is $ 4 after fore- c*t, #30,*to0; tasee. $% <»'*7S; other eharge-e. § 4 5 6 ; haiatie*s deficit,
-«ale o f ill# Attaint® 3H*«ia«t|»Di A Obto, wfeteil la tarn wa# a ; ##,543, In 1S04-5
# 3 7 6 ,4 9 f; a®L #9f*4U6*—’V. 63, p. 490 ,
« orjm»U4»IIo 8 o f Norfolk A P«tor*t»urgr s k m th Side ami V a.4 i T od n. raM b,
N o r t h F e i* n »y lv a n la .«w O w n * from PhUadhlphia, Pa*, to Batit*
■ptmat.'—
'Tfob'WRf m mU f t :
; iahem, Pa., .5# m iles; branchea to Delaware- River, <feo., 30 miles.;
.............. ........................................ I66»u00,000 |aecoutt track, 54 % mlieei total
f ! 7 mile#, 0 round rente, etc*,
Jl.djugtm<ml PrtfzTrtd
% p, ft. arm-<
?nmn!a llv t , wilh
j July l , l #115, #341,104, Leaded for 99 0 year* from M ay 1* i-§79, to
preference aa to i u m I i *a*l <ltvi4ea4«*. ami with rtftit dur|Phi la, 4b Readitur HR. at # per cen t o s stock, and ieaae mnnmed in
( a f t i a t S r e /e a r t to elect two-thlr<l* o f the director* an!***
| ! “H*6 by P iiiia * ftoadtng ttoiiw ar. T he o ld 24 morhfagh t*oad* (now
%
three fa ll yearly dividend* am paid. No additional im»rt.
I a IStot m«rtf-ii*e'} 7# due May 1 , 1696, w ere mfunsied fo r'fo rty year# at
can be created wttlfeoat conw iol o f taro-third* Interr*!. .. . 23,000,000 j 4 per tksat. ' (V, 0t,. p, 492* #79.)
A n d i f wmsmme? to I
b ila t e r a l UmuMan add I’H ohal t *
50*>,ooo
N < »rfh *K a*f P ettt»*»y I v « ** —
■1*. O
roipl from Dien*tdc to ISTew
BoiftMk—T he new hood* authortied a m :
[ Hope, Pa.. 14 taller. CanimUUNl by P , .% R. Capital stock, #409,000,
p r ie » t & M n 50* year gold hoa#»#
to ealf a t 105* to- he
0*1jr if necessary, . , , , . . « , * . .
. . . . , , ..... ., |BI^HMy009 j **f which ^ 1 5 ,9 9 9 ow n ed by Readhlg Co. if dejm sitod under its gen*
I eral m ortgage o f 18#7; par, #50,
0ir*t Cw*.M»i, M M
m , dae 1000, tM
MMftetf tH t€ f»t ftom
O c t I* t§t*tl imm deaefiptlotk o f aeoarity b d e w )« .* »4. . . . . . 82,500,000
Nurthm atervi 1414* e f ti-«org1«,«»Rh»4 front Allien# to Lula
O f which for old bond* d h l a r h e l ............ ...................... 2*1322,075 I (la-, 39 mile* Opened in I §70* Send in A p ril, t #95, ami piirohased, b y
R m erted t o r |£P,3*o*,20o n a d h t u r M tend* ................. 20,0^0.089 j the State, which leased it tn May.ISCtd, to Ef A. Rieltar«i A On* fo r
l
B^*orr#4 fo r exiatiag oiillgallon*, o f to fg U iv P rior
i # I M 9 © yesaidf,— » 6^, a O ##* l a Ju ly, 1896, the Tenne-**ee G eorgia
*▼
N
Idea b#n4« If :la*«i#dr
i A A llan tie Ry. Co (whieh.
wa* «rgani*e4 to extend It to A ugusta,
For se w c#n«fr?«ctl€»ii.#ac*sohiiti#o# and tm p fo f
.
{ Oa*. and 0hiitla®cejg»f Tehfiu* 243 mile* in all- - -V. (13, p. 7S, Slat©
nftte jce e d ttiir| i,0 0 0 ,0 0 i)y e a rly .................. .........
leg isla tu re ha* authnrixed. the gala o f the road* no date fixed.,

The « * 4
#r-

4r#f

are

to th«.

amotint of

ssd fo tltfM 80,1996, rroe, #59,501; net f l 7,174.
net,
In 1 8 9 4 9 5 grewa. #57,-505 | n*!, #1 3,63 3.—\C 03, p. 78, 1010.

Prior Lien txond* which m ay Im Im q o I only in ca** o f urgencyii a
0rvt seMortgitce « ii a large jNkft d f the
tf&*» wp*M §45 siU*** o f
fitB road: usw«n taspertaat termioAia at N orfolk an*l Lambert# 1 n t ;
***1
Bpon the Ohio R iver B ridge ami the Roanoke Machine W ork*: t»e*hle*
being a eoneoUdated m ortgage upon the remainder o f the •« »tcru. *ul>|eet to the nadleteTbed lien*. They «rx further *ec*ire*l by the
OtttRBAEdi
to iH V ewad a e e r vll.00O ,O 0n. eavwrwd b y the Car
U er
Trawh* ami eouipfnwn* bond# to t^e token np under the plan. T h e Prior
Lien bend* ir te ia e i will he retired at toil by *aie whenever pe«**b|e
®t grid aagnat* at o r ab ove UA tTinl-letoirbed' he*.a*t* which
be
thikes tsp at niatdrtty att *atl4iketory term * by o ^ o f the cor.*».*!« m*
earned tor iha* pnrpowe m ay t o s-stetwled o r renewed, be# a h a t r a c t
« f e#n»ai,
V , »s p. -1 * « 4,
A* to Awiw Vm $ § 0 <i .Vew» £n$t®*%4
***** flcrrtiK-wt'VT **f
yas^ ary, tssyi, c^tortt T a lle y bond* and N. 4t
ad()itetn»eht tw*ad*
<mt*tanding w ill he paid J a n e 1* I W , V. 04, p. 20 ?.

H iortli-Kaetern ft ft. (k, <|,w--Own* from (Tharleetoo, 4 C** to Ftorenee, 8 C . 102 miles; lease* jo in tly , Lane,ft, < , to Svsim 0. C„ 40
X
ter.
tulle* j total 0t*e.rate*l, 142 tollea. Of #na*nllto-tod trmii- #1,142,000 w n
held to retire deBiaaf prior lien. In 1895 Clmrle*ton St Nortbara 4 per
cent band* tor #
230*toM wem guarwntoed prtoeijpal and im erw i V.
i
61, 0*4105, 8t«:*ek, ^>00,000; par, #50. Dividend# from 188# to Jan,,
-

1805, 6 p»s» y e a r ly ; in Ju ly, I p O , none; to I #96, Ju ly, S p, e.; to 1 §97,
J an., 8 p. e.
AJftrpAL BftPOItT. —^ k fp to g i la t ®
12
0rm*,
X*L
I s t V f O ____#530,700
0144.413
I8O 4 «05 ,.... 525*404
107,600

bean a * toiJuw*:
OfAey laA
M , efie. -Bo/, fordiv.
# 3 # ,t4 $
0135,220
#05,350
30,617
133,000
5,223

Dtrlderi-fD tor 189541 w«n* -f 27,0iMh k u tfto c I*a!-, rtirplu t, #38.358.
illUtkaaL pto*acra..-“ The r«wrgani*mton red u r^ i rise
charge* Dlvidesd pf #27.000 wa* paid to 4844*5, lent toy defiest tor year
h ir a
to #V 2 ^ | 1 9 4 per *annaa$a reduction o f
JW
#21,777* to tond O* dividend* wera $54,000; tm !„ defleit. # J 1 3 M .
Behttl4*te4l the d ottin g debt ann take* tip ttie c a r trti*t* eveap>t#dtl5, -IT . 57, p , 1038; Vf 61, p. I IOS.)
Ow. The ao sn a i e h ifga # ahead o f the
com m on
are *maltor
than it o * * ahea«l o f
old |»fwfe#ft?d etoek. O f the « r a p # ftv ‘ * trad}c
NN»rt!*erit Ximhm.ntM 14y I404O*She-®«dd to Parrlfh, Ala,, and
ia
55 par re n t «3^5>T»4,5h«> ton*} wa* bitom lhou* cpal anil coke*
t*rmaeh, 107 m sS . A feorgmttlfatltMi o f the B irm ingham Sheffield A
m
E-AkNcaa* ■ - month*,,t Hf *7, ,
,*,Of»ww». fl,d 4 t»5 4 -4 ; net, #441,753 T cn iiw ep i B iter R y , imld in to r w lo in r e Sept 10* 1895. 8TOUK —
Jan. I to r e b f a , | i St ol . ,
LdTl . t #? : net. 4 i 3 4 l 5
i
the le a d * a a t o u e i may he * |*I a i nut ©xneedlng f 13,000 per m ile for
nj
JOHiPAL Rmfv^at,--»-PbNtol y e a r enda J » ips
Ahiinal m cc ttsc I* extetMtott*. H iflfX ® * —fa year 1804-95 gm**, # 1 2 0 .2 0 3 ; net, $12,002;
l l i d at Roanoke, Va., on *«cond Tbur*day In O ctober. Report o f old 1803.04 rr«wu #500,334, again*t #233,.-dU to 1802-03; net, 04,486,
....aytutf for tW&B • * » g lv in In
*IS» p. PtS^» L afhi-rg* in liSMI were . Agatovf #58,379, Fl»eaf aghikta, J . Kenoi^ly T«hI St 0«>. 4.5 Wall Street,
jfe w fo r k .—(V. 5«3, p, 1014; V. 61, p, 2 0 , 1 11, 316, 829.)
*aef. Dee* 31—I #95.
tnwk
1 #94.
139M
Average tn llea op erated .
1^579,
1*5-501*579
ijm
N orthern fNew vfavnpaltlrrs^-Own* from C-oaeord. H. H „ to
i
i
#
♦
Pitflaenger aamingA,
1,577,134 1*7*1,394 We*t fyebunon. K. II , 70 m ile*; braneh to Bristol, K. IL, 13 tn : total,
A Lowell fo t 00 years from Jan. 1,1800, w&a
'
F *. '- m ' .aentoga
rir '
} h S , f '^ ; w « ’l l » 6,352,759 7.073.773 83 miles. Lease to
J7
m
v IWpa eat..)
4
465.50#
437,051- a**ljna® to towton A Maine, rental being 5 jwr e«at- on atook till July l,
-Mail, erprew*, a*.
Ac
467,770

1807, and 8 per ee.nt thereafter payable in geld* In addition to the 5

.. Total i.
Met- over
Other toeotBe..

11,055345 9,062,047 10.840,463 10.032,61 fi pe:r cent divblends provided for by the Im m-, an extra 1 per cent per
2,321.934 2,13s,461 2.640,547 3.033,15# annum ftttAkifijf the quarterly dmdeiida 1% p. e, each) hae- been paid
# J i7

30,239

135,51*5

regularly from the contingent ftim i and also In 1*94, Jan., 5 p. c, extra
was paid; fa 4896, July,* p. & extra; to 1807, A p ril 2 p.e. extra,

141. I f #

Hal. fur l»L A rental*, t ,3 3 « 3 9 i 2,174,090 2,712,1.31 2*074,340
O m c i M F r a a l d e n t . Ifenry F1nk; Chairman »»f the Board o f Dl
W fl§P,_ F. J*
27 Williatn HtPeeL Mew Turk; seerefary. A* J*
© esaphm ; T . r e r e r f W , o . hfaedowelL
Iwpgg.—V, 04, p. 234, 217* 3 3 1 ,3 7 4 , 376,

j Ctontlagent fund A pfil 3 0 .1 8 9 6 , atucnintod to #17(1,887.
B. A X . year ending ApDl 30, 1990, #153.420.
f

Jtental from

ft o r t l i e r « i C a l l fort* I
O v s i from Knight** Landing to Orovlll©,
Cal., 54 mile*. 1 e * d to Southern Paolfic On., which own* #1,277,500
v a f*

o f the #1,280,000 atoeis; par, $ 100 , Thin fa n ot lit© Northern HmUmay
of (4ilronjt»--w <* that eompanyv In 1895 gro**. # 1 4 0 ,9 3 3 ; not, #30,! 8*10. Deficit under fa re# and®barge*. #34.087, payable by So. Pan. Co,
|In 1804 g row m m tmm were $172,183; net. #59,018.
.
’ N o r t h e r n C e n tr a .I ,—Own* from Balt)m ere, Md., to Stmbnry, Pa.,.
130 mile*, o f which 117 mile* d oable irstok—branch, 9 rail©*; leaaea—
Shamokin Vaslto-y A pottevfiie RaHroad, 28 .miles -; Klmltm A Wl.lliatn«e
port Railroad. 78 mile#: opem to* stt eoat—Klmlrn M fa k e Ontario R ail­
road, DAO miliMB L ft e v * Val ley Railroad, 20 m ile*; Pennsylvania
Railroad, 3 mlle*$ total o|»emted, 377 mite*. A im umm flew York
Lake Erie A Western track*. 7 m ile*, and Philadelphia 4 Brie tranks
between Snnbury and bewieport, 4 0 m.. and own* union RR., 9 m iles,

C a r o l i n a f t i l . —Gwn* frcun G old*boro to- Gm rtotto* Mo.
CarpllsA, 223
taiiwdi from Jan. i . 1996, to iheftotrttliern B y. Co,
for 99 vear* at 4266.000 ( 6 4 p. e. on *to«*ki per year till Dee. 31. 1901
and #290,000 (eftnal to 7 p. e* on *toek) balance o f lease; >dao taxka*
7 . S3, p. 86 L O f the ftonk the State o f North Carolina held# #3,000
w , T ie ;#sisthem Ry, ha* aet aside #4,000,000 o f Its new eoiito!*- to
be rt^d, if de*iredf to ac^ttliw a like amotint o f S fonh Carolftm *toe it,
EfivMead*, 1896, #*§ p, e ; In 1907* Feb,, 3% p, e. wa* paid, and 3 p. e
ha* IM
Njtt deelafe*.l pAyahl# IP Anyfoat. In March, 181(7* the Onvernop
w “ f t r t l appoi nt ed a newtmatel o f dirmtor«* V. 61, p, fi l l ,
wkillwahae® hrottjOKI fo r Ifiimaafton metratiilBg sta in o f Jtorth C-*r«lina from- totorferfug w ith s-withem Ejr, lease, v , 64, p. 52-4, 707.
OntiASw.kTtf**,— Till* wa* a consolidation o f several roads In 1854.
—(T. 84, p. 331, 524, f i l l , 707.1
ConiroOed by the PennuyivanM R R ., which own* $3,488,950 stock.
N o r t h P a r f f l r ( o n « t f l i t . ( N a r r o w ( « » ii k p ) - <> -■« S Hi Fran8®<rtmrtfg# O w x g t M ln Jan. 1, 1896. am ong the assot* held wore
^W to t o CkUUMiafO, 87
b r a n s h e * to *i,«j fta fa e i and M ill V a l i e f , 4 Bait. A Potomac *took (par) o f #622.830; Elmira & Lake Ontario stock
Wmmt
to San
3 mile*; total- opefated* 9-4 mite.*, inc-lod * mil), #1,500,000; 8ha»n *kla Valley 3 Pottovllle stock, #619,850; Union
Any ferfy to San Pran^lsito*# m ile*; aluo ha* ferry to San QuBitia, I I E l l stock , #700,000 ft be baianee o f $500,000 being held by Phlia.

102

INVESTORS’

SU PPLEMENT.

[V o l . LX1V.

S u b s c r ib e r * w i l l c o n fe r a g r e a t fa v o r b y g iv in g I m m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e d In th e s e T a b le s .
Bonds—P rinci­
INTEREST OR DIVIDENDS.
RAILROADS.
pal, When Due.
Miles Date Size, or
A m ount
Par
When
of
of
F or explanation o f column headings, &o., see notes
Outstanding R ate per Payable Where Payable, and by Stocks—Last
Whom.
Dividend.
Cent.
Road. Bonds Value.
on first page o f tables.

i*38 1855
138 1865 500 &c.
1,000
138 1868
138 1874-5 $ A £
138 1876-7 $1,000
1,000
138 1885
138 76&82 1,000
1,000
9 1873
100
....
21 1887 100 &c.
1,000
167 1895
__
100
100
....
100 Ac.
205 1879
2,146 1881 l,000& c
1,000
6 0 ^ 1877
1,000
182 1883
1896 500 Ac.
1896 500 &c.

73,816,500
56,000,000

26

le t mortgage, provided for by consol, m ortgage, c
2d m ortgage, provided fo r by consol, m ortgage, c
Consol, mortgage, (for $1,836,000) gold ..............c
Charleston A Northern 1st mort., guar., p. A i...

102
102
102

Northern, (N. H .)—Stock, 5 p.e.rental till Ju ly,1897
Northern California—1st m ortgage, gold .................
Northern Central—Stock ($8,000,000 authorized) .
2d m ortgage............................................ ................. o*
Consol. M., gold; coup., int. J & J; reg., A & O.o&r
Consol, gen. mort. ( gold, s.f., drn. at 100, A & B .c
o f 1874, gold, se- ^ gold, $, C & D ........................c
cures all equally, (g o ld , E ....................................o
2d gen. mort., series “ A ” & “ B ” (A $2,565,000)..
Union RR., 2d m. (now 1st) assumed $ or £ , gold.c
Northern o f New Jersey—S tock....................................
3d m ortgage, now 1st (for $700,000)...................c
Nor. Ohio— 1st M .g.($ 15,000p.m. )gu.p.&i.L.E.<fcW.c*'
N o r th e rn P a cific Tty. Com. stock, $80,000,000..
Pref. stock, $75,000,000, non-cum. 4 p. c t ..........
Nor. Pac. RR., Mo. Div. IstM ., dr’n atpar....c*«fci
Gen. 1st M., gold, dr. at 1 1 0 ......................... c*<fcr
Western RR. Minn. 1st M., gold, assum ed............
St. Paul < N. P. Gen. M., I’d grant, assumed.o*<fci
fc
New m ortgages o f Northern P acific Ry.—
P rior lien M. $130,0ti0,000 sold, land gr...c*&T
Gen. lien M. $190,000,000,g.,land grant...c*& r

$1,000
50
500
500
1,000

$400,000
900,000
820,000
322,000
694.000
236.000
1,700,000
3,068,400
1,074,000
7,518,150
1,500,000
1,126,000
2,804,000
1,362,000
2,000,000
1,557,000
3,565,000
600,000
1,000,000
654,000
2,500,000
79,800,000
75,000,000
1,776.000
16,142,000
420,000
8,003,000

No. East Penn.—1st M „ It., eu.P. A R . old oo.(oud.)o*

107
83
54

See t
See t

1890
....
1869
1869
1883
1895
1896
....
1889

1,000
100
1,000
50

5 g.
See text.
8
8
6 g.
4
5 gSee text.
5 g.
See text.
6
6
6 g.
6 g.
6 g.
4 “eg.
5
6 g.
See text.
6
5 g.
To he he
do
6
6 g.
7
6 g.
4 g.
3 g.

A. & O. Phila., Phila. & R ead’g. Apr. 1, 1920
J. & J.
Charleston, Office.
Jan. 1, ’ 97,3%.
M. & S.
do
do
Sept. 1, 1899
M. & S.
do
do
Sept. 1, 1899
J. & J. N. Y ., Cuyler, M. A Co. Jan. 1, 1933
M. & S:
Mch. 1, 1915*
J. & J. N ew Y ork, Agency.
Jan. 1, 1926
Boston, 19 Milk
A p l.l ’ 97,3 W *
Q .- J .
J. & D. N. Y ., So. Pac., 23 Broad June 1, 1929
J. & J. Balt. & Phila.; Pa. RR. Jan. 15/97,4% .
Annapolis.
Q .- J .
A. & O. Baltimore & Plnladelp’ a A pr. 1, 1900
Various Baltimore, Treas. Office. Ju ly 1, 19 06
j . & j . London and Baltimore. July 1, 1904
J. & J. Baltimore, Treas. Office. July 1, 1904
A. & 0.
do
do
A pr. 1, 1925
J. A J. Baltimore,Treas. Office. Jan. 1, 1920
M. & N.
London & Balt.
M ay 1, 1900
.1. A J. N . Y ., 199 Chambers St. Jan. 15 ’ 97,i2%
T
J. A J. Jer. City, H ud’n Co. Bk. Ju ly 1, 1917
A. & O.
New York.
Oct. 1, 1945
Id in vo ting trust until Nov. 1, 1901.
do
do
do
do
M. & N. N. Y ., Office, 35 W all St M ay 1, 19 10
J. & J.
do
do
Jan 1, 1921
M. < N.
fc
do
do
M ay 1, 1907’
do
do
Feb. 1, 1923'
it
Q .- J . N.Y., J. P.M organ&Berf Jail. 1, 1 9 9 7
Q.--F. 4m os.in t.d u eM ay 1 /9 7 Jan. 1, 2047

x E xclusive o f $24,590,000 lield by trustee o f the m ortgage of 1896.
1 Coupon bonds F. & A . registered bonds Q .—F.
T
Berlin at 4*20 marks per dollar.
J4,519 miles, including 29 miLes n ot operated; spurs, 123 m iles; trackage, lines ^ ow ned, etc., 41 miles.
Wilm. & B alto.), etc. Value o f all, as per books, $2,772,011. T h ein oom e from investm ents in 1895 was $295,539.
L i a b i l i t i e s .— Jointly with the Penn. R R . and Phila. & Erie this com ­
pany guarantees the Allegheny V alley 5 p er cent loan o f 1870. M ort­
gages and ground rents on January 1,1896, were $319,830. Union RR.
firsts for $900,000 due Jan. 1 ,1 8 9 5 , w ere paid from sinking fund.
D i v i d e n d s paid since 1882—From 1883 to 1886 inclusive, 8 ; in 1887,
8 and 10 s t o c k ; in 1888, 7 ; in 1889, 8; in 1890, 8 p. c.; in 1891, 7 ; in
1 8 9 2 ,7 ; in 1 8 9 3 ,9 ; in 1 8 94,7 ; in 1895. 7 p. o.; in 1896, 7 p. c.; in
1897, Jan., 4 p. c..
E arnings .—2 m on th s,) 1897..........Gross, $1,074,517; net, $361,921
Jan. 1 to Feb. 28.
$ 1896..........Gross,
953,987; net, 197,721
A n n u a l R e p o r t .— Fiscal year ends Dec. 31. President’ s report for
1896, given at length in V. 64, p. 371, 375, showed the follow in g:
Tear end. Dec. 31—
1896.
1895.
1894.
1893.
Gross earnings.............. $6,286,602 $6,506,028 $6,031,260 $6,881,806
Net earnings............... 1,643,496
1,907,509 1,797,144 2,118,650
Other receipts................
400,075
457,391
386,335
496,979
Total net in c o m e .... $2,043,571 $2,364,900 $2,183,479 $2,615,629
Rentals, & c...................
436,592
455,996
485,759
500,253
Interest on d ebt..........
843,632
852,588
850,921
859,561
Dividends..................... (7) 526,267 (7) 526,267 (7) 526,267 (8) 601,446
M iscellaneous..............
159,490
378,191
210,840
94,174
Balance, surplus___
$77,590
$151,858
$L09,692
$560,195
—(V. 64, p. 330, 3 7 1 ,3 7 4 , 3 7 5 .)
N o r t h e r n R R . o f N e w J e r s e y .—Owns from Bergen, N. J., to
Sparkiii, N. Y ., 21 m iles; leases Sparkill to Nyack, 5 miles. Operated
by Erie RR. fo r 68*8 per cent o f its gross earnings. Stock, $1,000,000;
par, $100. D i v i d e n d s since 1892 : In 1893, 4*4 p. c.; in 1894, 4*4 p.
c.; in 1895, 4 ^ ; in 1896, 4; in 1897, Jan., ^ p. c.
A n n u a l R e p o r t . —F or fiscal years ending June 3 0 :
Tear.
Rental.
Net.
Int.,taxes. B a l.. sur.
Dividends.
1 8 9 5 -6 .........$11 ■,241
‘
$98,059 $56,079 $41,980
(4 ) $40,000
1894-5......... 138,532
106,764
55,352
51,412
(4*2) 45,000
—(V. 59, p. 3 3 1 ; V. 61, p. 3 6 4 ; V. 63, p. 83 7. )
N o r t h e r n O h i o R a i l w a y . —(See M ap L ake E rie <- Western.)—
£
Owns road from A kron to Delphos, O., 165 miles; branches, 2 miles.
A reorganization o f Pittsburg Akron & W estern sold in foreclosure
Oct. 17 ,189 4. R oad is leased in perpetuity to L. E. & W. V. 62, p. 826.
Stock a n d B onds .—Com m on stock (ail ow ned by L. E. & W.) $3,580,000; preferred non-cum ulative 5 p. c. stock, $650,000; par o f each
$100. The first m ortgage is fo r $4,000,000 and bonds are guaranteed,
principal and interest, by Lake Erie & Western by endorsem ent on
each boud. Bonds for $1,500,000 “ are only to be issued at not to e x ­
ceed $15,000 p er mile o f com pleted ro a d fo r such hereafter constructed
or purchased road, if any.” F or year ending June 30, 1896, gross
earnings were $149,469; net, $ 8 ,552 ; charges, $9 7,54 7; deficit,
$88,995. Annual interest charge now $125,000.—V. 62, p. 186.
N o r t h e r n P a c i f i c R a i l r o a d . —The p roperty o f this com pan y was
sold in foreclosure in July, 1896, and on Sept. 1 was turned over to the
Northern Pacific Railw ay Co., which seebelow .
N o r t h e r n P a c i f i c R a i l w a y . —(See M aps.)—Operates one o f the
leading lines to the Pacific, having its eastern term ini at St. Paul,
M inn., and Duluth. Wis. (the head o f Lake navigation), and run­
ning thence w esterly, traversing the great wheat belt o f M innesota
and North Dakota, the m ining district o f M ontana and the farm ing
country o f W ashington to Tacom a and Seattle, and to Portland, Ore­
gon, with branches to W innipeg, etc. The system com p rises:
L ines owned in fe e .
Miles,
Securities substantially
Ashland, Wis., to Portland,
all owned.
Miles.
Ore.,and Wallula J u n ction .2,157 Various br. (V. 63, p. 10 13)...2,0 27
Old St. Paul & Nor. Pacific.
Owned (but not operated). . .
29
Brainerd to St. Paul, etc. . 182 Spurs.......................................... 122
Total main lin e.................... 2,341 Total system Mar. 15, ’9 7 ....4 ,5 1 9
Trackage included..................
15 Total operated.......................... 4,490
A lso has 20*95 miles o f terminals and 164 m ile i o f water lines.
H isto ry . - This W isconsin com pany on Sept. 1,1896. succeeded to the
railroads, land grant and other p roperty o f the Northern Pacific RR.,
which was sold in foreclosure in July, 1896, under the second, third and
consolidated m ortgages, and was reorganized with the co-operation o f
J . P. Morgan & Co., the Deutsche Bank and D rexel A Co. per p l a n in
the Chronicle o f M arch 2 1 ,1 8 9 6 , p. 550.
In the reorganization the $49,000,000 old comm on stock paying as­
sessment o f 15 per cent received 100 per cent o f new com m on. The
$35,000,000 old preferred paying assessment o f 10 per cent received
50 per cent in new com m on and the same o f new preferred.
A s to the com pan y’s charter, see V. 63, p. 1071. The St. Paul &
Northern Pacific, previously controlled by stock, was m erged in Dei em ber, 1896, and is now owned in fee.

The original Northern Pacific Com pany w as chartered b y C ongress
Ju ly 6 ,1 8 6 4 . and its road, opened 450 m iles to B ism arck, was fo re ­
closed in 1875. A n outlet to Chicago was acquired in 1890 through,
lease o f the W isconsin Central and ow nership o f the Chicago & N orth ­
ern P acific (see these com panies), bu t this was relinquished by the
receivers Sept. 25, 1893, and perm anently abandoned in the reorg a n i­
zation o f 1896. The N orthern Pacific w ill, how ever, when the re o r­
ganization o f the Chicago & N. P. is effected, receive fo r its interest
in the Chicago p roperties certain securities, as stated under Cli. & N. P
and in V. 62, p. 725, 778. B eside the Chicago lines, the on ly parts*
o f the system n ot included in the reorganization are the Seattle Lake
Shore & Eastern and the Central W ashington—see these com panies.
V oting T r u st .—Both classes o f stock (except sufficient to qu alify
directors) are vested until Nov. 1, 1901 (unless surrendered earlier a t
their discretion) in follow in g v otin g trustees: J. P ierpont Morgan,.
A ugust Belmont. Johnston Livingston, Charles Lanier, all o f New York,,
and Georg Siemens o f Berlin.
Sto c k .—The new p referred stock is subject to call in w h ole or ii>
part, at par, upon any first day o f January prior to 1917.
Additional preferred stock and other m ortgages can be issued o n ly
with consent o f a m ajority o f the preferred and o f the com m on stock,
represented at a special meeting. Pref. stock is “ entitled to non-eum.
dividends to the exten t o f 4 per cent per annum, payable quarterly
ont o f surplus net earnings in each fiscal year before any dividends fo r
such year shall be paid on the com m on stock .” In any fiscal
year in w hich 4 per cent dividends shall have been declared on.
both preferred and com m on stock, all shares, w hether preferred or
com m on, shall participate equally in any further dividends fo r such
year. D ividends upon stock registered in Berlin m ay be collected there
at the rate o f 4*20 m arks per dollar.—See also V. 63, p. 1071.
B onds .—A b s t r a c t s of the new Prior Lien and G eneral L ien m ort­
gages o f 1896 (the General Lien m ortgage being in all respects subjeefe
to the other) were in V.63, p. 1012-1019, and the statem ent to the N ew
Y ork Stock Exchange, was in V. 63, p. 1072, showing:
P r i o r l i e n 100 - y e a r g o l d 4 p e r c e n t s secured by m ortgage
to the M ercantile T rust Go., m ortgage trustee, upon the
m ainlin e, branches, land grant, equipment, etc., o f the
R ailw ay Co., and on all p roperty subsequently acquired
with the proceeds o f the bonds. The prior lien bonds
are purchasable with land sales at n ot exceedin g 110
after retirem ent o f general 1st m ortgage bonds o f 1881
(but are n ot subject to call), n ot over $500,000 cash
yearly to be so applied. Total issue....................................$1 30,000,000
Issued, or about to be issued, to carry out reorganization.
7 3 ,6 1 6 ,5 0 0
Reserved to retire Missouri Division b o n d s ..........................
/.776,00a*
Do
$16,142,000 general first 6s o f 1881................
2 0 ,0 8 4 ,5 0 0
Do
St. Paul & N. P. and Western RR. b on d s.......
8 , 4 2 3 ,0 0 0 •
F or new construction, betterm ents, equipm ent, etc., under
carefu lly guarded p rovision }, but not exceeding $1,500,000 p er annum ...........................................................................
2 5 , 0 0 0 ,0 0 0
G e n e r a l lie r i g o l d 3 p e r c e n t s (Farmers’ Loan & Trust Co.,
m ortgage trustee)...................................................................... $1 90,000,000
Of which reserved for prior lien bon ds...................................
1 3 0 , 0 0 0 ,0 0 0
Issued, or about to be issued to carry out reorganization.
5 6 ,0 0 0 ,0 0 0
F or new construction, betterments, equipm ent, e tc ..................................... 4,0 0 0 ,0
P rior lien bonds, as shown above, are reserved to retire the present
divisional bonds. W hen these shall have been retired, the prior lien
bonds, by d irect m ortgage, or through ownership of securities, will be
the first m ortgage on 4,519 m iles including (in addition to the 4,326
miles shown in V. 63, p. 1070) “ lines owned but n ot operated” , 29
m iles; spurs, 123 m iles; trackage and road half ow ned, 41 miles.
Said bonds are n ow (through the ownership o f substantially all tliesecurities) virtually a first lien on 2,077 miles. Furthermore, as the
prior bonds hold $24,590,000 out o f $40,732,000 o f the Northern Pacific
R ailroad general first m ortgage bonds, they now represent m ore than
24-40ths o f the first lien on 2,442 miles additional, and on the m ort­
gaged land grant, subject only to $1,776,000 Missouri division bonds.
I t is expected at an early date to retire these Missouri division bonds.
Sinking fund operations, it is believed, w ill rapidly retire the out­
standing $16,142,590 general first m ortgage bonds.
No additional bonds can be issued under "the old m ortgages assumed,
n or can said bonds be extended.
A n a b s t r a c t o f the g e n e r a l f i r s t m o r t g a g e o f 1881 was in V.
58, p. 903. The sinking fund under this m ortgage m ust receive yearly
an amount equal to at least one p e rc e n t o f entire issue, but the p ro­
ceeds o f land sales to w hatever am ount received are applicable to the
redem ption o f the bonds at 110.
L and G ran t .—The land grant was 12,800 acres to the m ile in the
States o f M innesota and Oregon and 25.600 acres per m ile in the (then)
intermediate territories. The lands on Dec. 1,1896, n ot yet sold w ere:
A cres.
A cres.
I
A cres.
M innesota .. .1,336,154
|M ontana.......................... 15,801,143
No. Dak. (east
, Id a h o ................................ 1,832,493
o f Mo. Riv.). 2,402,720
'W a sh in g ton ..................... 8,670,333
__
^ ,
--------------- 3.738,874 |O regon.............................
146,763.
North D akota (west o J
1
__________
M issouri R iv er).......... J ,140,267 | Total unsold acreage.34,638,873:

RAILROAD

A p r il , 18SJ7.J

STOCKS A K D

J30KDS.

103

S u b s c r ib e r s w i l l c o n fe r a g r e a t fa v o r b y g iv in g im m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e d i n th e s e T a b le s ,
B on d s—P r i n o i
IN T E R E S T O R D IV ID E N D S .
i M iles D ate S ire, o r
p a l,W ie n D u e .
A m ou nt
i! o f
of
Par
R a te p e r W hen
W here P a y a b le , a n d b y Slocks—L a st
R oad . B on d s V alu e. O u tstan d in g C ent.
P a y a b le
W h om .
D iv id e n d .

R A IL R O A D S .

1

o n t e s t p a c e o f t a b le s .

I

1889

m r i k x t t t u r x C ta l J t y . - l s t M „ $ 2 ,0 0 0 ,0 0 0 , ii.
n o rth ern Bar. Ter.Oe.—l s t M ., g o ld . ted ., at 1 1 0 . o '
northern. R a ilw a y tV a l.f—i M M ., lot. gu ar., g o ld .
C o n s o l i f . Ii ,
.
m
m
: *: :>
,f
i:)7 B . c ' i i
Mcmeieh A W orceetn— P ref. s to ck . 8 p. . re n ta l-----

1

0

Beads m ot M.i, int. gu, under loan. V . 6 i , p. 061
C eonc* <* Western—1st M.. $ 9 ,0 0 0 p , m „ g o l d ...........
<>gdtn V in e A K.—S tock <5 p .c.r*n t.L V ». o f X. J o - .

OgdensA A Lake Champlain—Consol. M .(cow 1st M.)

1897

4 .4 0 0 .0 0 0
4 .1 0 0 .0 0 0

1,000

ltd

4

*.

O g d e a s b Tr»o*> t O o d s t M .<Cettt.Vt.A O g d en s., gu .)
S a ra toga A St. L aw . 1st M.. fo r $ 2 0 0 ,0 0 0 , g u a r, r
New 3 s c c * r m >

$ 1 ,0 0 0

1,000
1 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
100
1880 5 0 0 A c.
18S0 1 00 A c.
1883
1 ,0 0 0

__ .

I n c o m e b o n d s , n o t c u m u la t i v e .

5 g.
$ 3 0 7 ,0 0 0
3 ,9 6 0 ,0 0 0
6 g.
5 ,1 5 6 .0 0 0
6 g.
4 .7 5 1 ,0 0 0
5 K.
2 ,7 6 9 ,2 0 0 8 p e r an.
6 7 5 ,0 0 0
4
3 6 0 ,0 0 0
5 g.
4 5 0 ,0 0 0 5 p e r an.
3 ,5 0 0 ,0 0 0
6
6
9 9 9 .7 5 0
3 1 3 ,0 0 0
739,-500
6
1 0 0 ,0 0 0

1 893
1883
1877
1 888

149
388
66
48
40
10
118

5

l-a t 'a B L B C s t u t u P l a n .

BttMfc*.................. , ........ ........................... . . . ___

i*t mortgage, #4,100,000, gold....— ..........

j

127

X . X .Y .. F a rm ’ s L. A T . Co.
J. N .Y .W iiigl’ w .L a n 'rA C o .
J. X .Y ., S o .P a c.C o .,2 3 B r'd
0.
do
do
B o s t o n , S e co n d X at, Bk.
M.' AJ 'g.
B oston.
M. A S. In te re s t p d . as e a rn ed .
J. A J. l’ h lla ., 6 0 8 Chestnut- St,
A. A 0 . O c t.,'9 5 , co u p , la st p a id
A. A O.
J. A J.
F . A A. B o s t o n S e c u r ity C o.
J, & D.
M.
J.
J.
A.

&
A
A
A

5 g- A . A O.

S la y 1 , 1 923
J an . 1, 1 93 3
J an . 1, 1 907
O ct. 1. 1 938
A p r. 1, > 97,2%
M o b . 1. 1 92 7
M eh. 1, 1 9 2 3
J a n .,’ 0 7 , 2 c %
A p r. 1, 1 92 0
A p r. 1, 1 9 2 0
A p r. 1, 1 92 0
A u g . 1 , 1 90 9
J u n e 1, 1 919

1927.

* P re v io u s t o 1 897 J. A i .

A fu ll sta te m e n t as t o sta tu s o f land g r a n t o n D eo. 1 ,1 8 9 6 , w a s g iv e n
I n C u a o s tc L K V . 6 3 , p. 1 0 7 0 ; V, 6 4 , p. 83,
GK ffltnsi. P IS U S IM .-T lw . fitted a n n n a l ch a r g e * o f th e n ew e o m p a a y
• re # 8 .3 17 ,3 2 0 , a re d u c tio n o t # 4 .6 3 8 .3 7 0 as c o m p a r e d w ith t i e o ld
-enwnpaay
P i e an B ie l s in k in g fu n d f o r t i e re d e m p tio n o f g e n e r a l
first u ie rtg a g o b o n d s, if n ot f i l l y m<H b y th e **te* o f la n d s , w ill b e
p ro v id e d b y t a e Issue o f p rio r lie n b o n d s re s e rv e d th e re fo r.
KakitlKOA—O n 8 e p t. 1, 1 8 M , c o m p a n y ea m m en ew l th e o p e r a t io n o f
•the e n tire w a t e m lu e iu d tn * fit. P a u l & N orth ern P a c ific a n d o t h e r
lin e * H eretofore lea sed b u t n o w o w n e d E a rn in g s h a v e b e e n ;
F rom « e p t . 1 to D eo. 81. 1896, 4 m on th s.
O f o s a ....... .# 7 ,4 6 9 .5 5 2 j 0 t h . In com e. IOO.S3S 1 C h V * l i m d # 3 .0 7 2 ,4 4 0
S e t . . . . . . . . 3 . ’. l W ? » | T a « « , at,.. #177,*-"K) I Hal., sn rp . 1 ,1 9 4 .6 8 7
J*«L 1 to F eb . 2 8 ,1 .8 0 7 (2 m on th *1, g ross , # 1 .»8 % .3 7 3 ; net, # 3 3 9 .3 17.
;
fitm e n t . B B r o r r .— R e p o rt f o r 189 4 9 5 w a s la V, 6 1 , p. 364 a n d 5 3d
a n d sta tem en t* fo r 189 4 -9 0 In V , 6 3 . p . 1071.
f r i e n d i n g J * h* 3 0 .
1 89 6 .
1895,
1894
1893,
P a ss e n g e r ea rn in g s.
* M 3 8 ,6 4 2 * 3 ,3 5 0 ,4 9 2 $ 4 .1 3 8 ,3 3 2 * 5 ,9 1 7 .0 5 4
• F t # ( e a rn in g * .... 1 5 ,1 1 9 ,3 1 2 1 3 4 1 0 ,8 9 9 1 U ( 1 5 , ® 2 1 7 ,0 1 7 ,« 2 »
M ail, e x p ress, A C ...
8 4 ,2 0 5
1178,790
8152185
9 8 5 ,4 2 8
O n t o earning*. * 1 9 4 9 3 ,1 6 0 * 1 7 ,4 3 4 ,9 8 1 *18 417.809 # 2 3 4 2 0 ,1 0 *
S e t e a rn in g s ...............$ 7 ,7 7 5 ,0 7 1 * 8 ,1 1 5 ,2 9 9 # 4 ,7 3 1 ,0 8 0 $ 9 ,4 0 2 ,3 9 7
T a w s ..........
* 8 0 9 ,7 0 8
$-501,716
$ 46.4,828 * 4 6 2 ,3 4 0
R en ta l*, s te ......................
1 6 3 ,1 * 0
2 5 7 ,3 2 8
158 ,08 9
148 .69 5
W e to p e r a u n rtn ro w e $ 7 , t o 2 .2 ttT S d j m i S d " $ 4 ,1 1 0 ,1 9 5
M tseella n eo’ s in co m e
no* incl. la n d sale*.
434,710
301,235)
3 3 9 ,8 0 3

g l .r -I iT jO i

T o t a l n e t In com e ,..# 7 ,8 2 7 ,9 1 3
B a ia fiM m fte r p ro vtd-

$ M 4 0 ,U 1 6

$ 5 ,6 5 7 ,4 9 2

840,802

# id l

tng $6,217,320, the

In terest c h a r g e *
a f t e r r e o r g --------- *r. t . *10,503 def.S 50.836df.l,767J!21 * r . 3 , 122.81.',
U l M C t o s * . (Sleeted In O r i, l “9 6 ) - e d w * r d O . A d a m s , C h a rles H.
•Oo*ter.tJh*r!.jra*gaeT»*re.r.Jr.,it.-:*u.»rt41. i» U to w a v E m u H fn o m a *
B fib crt B se o a . 1) W ill I* J w r . P r s o * • l.v i d . 8 to(* m. E l w i o Vf

Winter, fismuci Ssieaccr, Dumont Clarke, B rayton Ives, Jsu ie* atlilto a o a n d W a iter Cl. O s k m a n ,

0CT,tC R «s---C t»»tn»»a o f Board o f D irector*. Edward O. Adam s,
X rw York; ftrm ldent, Edwin W. W inter. 8L Psitl; Sevretsry, Charles
P. C oaney,N ew Y ork ; Treaaurer and A *exten t He,-rotary, tloorge
H . 'Earl. fit. fta n i; C h ief E a g tn eer, E. It. M cH en ry ,
M a n a ge r, ) , W. K en d rick , a t. fta ot; O on aetd C ou n sel,

a#n era l
ftra aels

L. Stetson. ’ > » York, and Charles w . Bunn. fit. PanL Tho m slnoffi.T»
are located at S t Paul. New York ofiloe. 33 WaU f i t —(V . 04, p. 83.
X35, l # i . 2 8 7 .3 3 1 , 424. Ore.)

at M in n esota S tate line, 13 m iles. C h a rte re d In 1 8 9 2 . C ap ita l s t o c k ,
8 1 ,0 0 0 ,0 0 0 . M o rtg a g e tru ste e 1* F a rm e rs ' L o a n A T r u s t C o .. N ow Y o r k .
Fur yea r e n d in g J u n e 3 0, 1 * 9 6 , it t u x . S 10,741; n e t , $ 8 ,8 6 7 ; m ls o e l.
r c c e i p u (ren ts a n d d o c k e a r n in g s }, $ 3 5 ,0 5 7 ; in te re st c h a r g e , $ 4 1 ,5 2 0 ;
. b aln n ee, a u rp la * fa r y e a r , $ 2 ,2 0 4 .

b o r v v l c l i * W o r c e s t e r R R . - Osrns from N orwich, Genu., to
W orcester, Mum ,, 59 miles; branch. N orwich to A llyn'a Point, 7 m iles;
: to ta l, 6 6 m iles. A ls o o w n * e n t ir e ca p ita l s to c k ($ 5 0 0 ,0 0 0 ) o f t he N o r ­
w ich A N ew Y ork T r a m p . C o ., o p e r a tin g b oat lin e to X. Y . O ily . L *aeed
I t o N ew E ngland R R . fo r 8 9 y e a r* fro m F ob. 1, 1869; re n ta l is 8 p e r c e n t
o n p re fe rr e d s to ck ; lea s# w a s m o d ifie d fro m J a n u a ry 1, 1 897, S ee V.
6 4 , p. « « i . S to ck iio l.b r* h a v e v o t e d t o e x t e n d th e r o a d fro n t A liy a ’s
i P o in t t o U ro to n , 0 m iles.
B o s o n . - I n i s o ? p e rm issio n t o iss u e # ,
o f b o n d s w a s a sk e d
fro m the C o n n e c ticu t L e g isla tu re . B o n d , o f 1 39 7 (n o t m o rtg a g e ) f o r
4 0 7 5 .0 0 0 w ere **
in M a rch t » red eem th e $ 4 0 0 ,0 0 8 0* d u e Star. 1,
1 18 9 7 , an d f o r H earing d e b t ; a d d itio n a l b o n d * m a y be issu ed t o pity f o r
, e x te n s io n * , e tc . Y e a r e n d in g J u s e 3 0 , 1 89 6 , re c e ip ts . $ 2 4 7 ,1 0 1 ; ©xi pen*,-*. #5405 In terest, $ 2 4 ,0 0 0 ; d iv id e n d . 8 p . e. (o n $ 2 ,7 6 9 ,2 0 0 p r o f.),
8 2 2 !.
. f -s
8 1.<.>2*
f • a I - u !>: u* .5 u u c 3 0,
d
1 896, # 30 3 ,8 3 2 . (V . S3, p 6 9 8 ; V . 6 4 , p . 8 3 . 1 3 5 , 4 7 0 , 0 * 4 .)
V y p a n o K i t . —tto t-t fro m fi* U o i w o », X . Y „ t o D a y to n . 0 . , S 9 8
! m iles; b r a n c h * , - t o O il C ity , 3 4 tali©*; o t h e r brattahes, 9 m ites; t o ta l
o w n e d , t i l m lb *. L %, 1 lin e * - C le v e la n d A M a h o n in g V a lie v R B „
I lis t m ile*, S h a ron R a ilw a y . 16 m lb - X e « r C s .tln A fih s u a n g o V a lle y .
17 raite*. Y o u n g sto w n A V i« t t n i-w n ity ., 10 m ile*; W a .te r m a n RR.|
i 2 w ile s ; to ta l to .«* -l, 169 m ile * t o ta l o p e r a te d , 6 0 0 w ile s.
! A WOrwanttattott a t the X « * r Y o r k P «an*ylvani.it A O h io, * o !d In fo r e l c lo s u re F eb. 2 5 ,1 8 9 6 , U n d e r th e B rie reorga ivjsA lton p la n th e B r io
! a e jo i r e d title to the X y p a n o a n d a ssu m e d th e p r io r lio n in d e b te d n e s s ,
• tulp m en t trust . ,-to
•
The now s to c k * « d b o n d * urn O w ned b y th e
Mr.* U R . a n d E rie se o n riti«8 w e r e g iv e n in o x o tta n g c f o r th e o ld
iu a iu r b on d * a n d s to c k
A b o n d h o ld e r* ' t ru s t ha * b e a n fo r m e d to r e ­
c e iv e in terest » » d itty lficn i* a c o r o in g o n th e E rie s ce n ritto s, a n d d is ­
trib u te them r a ta b ly a m o n g th e o ld X , Y. ft, A O. first m o rtg a g e b o n d ­
h o ld e r..
8 « c V',
. p . 473, V.
, p . 47. 9 4 9 , 9 0 9 ; Y. UJ, p. » g .

1000.000

1 11 1
1*

1

61

62

1

f l e o n e e Sc W e s t e r n K U . —Owns road In operation from H awkinsvllie to Dublin. 10 m iles; graded from Uawkhtsvttle to O rovanla. 13
miles, fiueeessor I s Empire A Dublin, sold In toroc)»snr*$npt. 6 ,1 9 9 3 .
Htock aatliortred. #177,OUO; oiirttandlag. #3 60 ,0 0 0 ; p a r $100. M ort­
gage I* for $477,000. Inter, ■! 1* paid ;>* earned. New York oflice,
r Pine Htreet. Trustee. MnraatUeTrust Company. Year Boding Deo.
31, 1895, gross, #29,016; not. #1,559.
O g d e n n i n e . — tarns from N o la n '- P oint (L ake H opatcongl to
S p a rta (nr Ogdon
S . J., W mite*. Leased fo r 990 years fro m
J a n . 4,1 882 , to Central RR. o f X. J . fo r 3 p, c. p e r annum on cap ital
s to c k and $500 yearly for o r g a n ixatbm expenses.

O g d e n . b u r g Sc L a k e C h a m p l a i n H i t . —Owns from R ouse’ s
Point, X. Y., to O fd n n c u r g . N. V,, 11* mile*, and teasesbrauoh. 9 nstlas.
N o r t h e r n P a c i f i c T e r m i n a l C o m p a n y , o f O r e g o n .—Owns On June t , 1886. le.,- Im perpetuity to the Central Vermont RR, Oo. f o r
•terminal* * » the WHlamytte River, Ore,, at Portland, East Portland an# a t e r o s t e a bond*. D * e * o t,r.—T be Central Verm ont w n planed In rofiltdna, eem prid n g land* ttTO acre*, tritokac* 3 2 nnic*. dock frontage ceiver'* hand* March 23, 1896, and Ogden sburg A Lake Cham pin In In7 W
t e l rt* *»ra»d Central Station at P ortland.O re,, was os*>n«d terest due April 1 wa* not paid. A* to right o f bondholders to n ot
ft F t lW if f ,. l w ,
Banting* see V. 64, p. 371. K,. ’kiv unsure—Operated by roootvers o f
L csatL — L ea *c,i fo r 9 fty years front J s n . 1 ,1 8 8 3 , jo in t ly and s e v e r a lly the C entral V erm ont, until March 22. 1897, when Charles Parsons
t o N orthern P a cific. O reg on B y . A N a viga tion and O re g o n A C a liforn ia , took charge as separate receiver. V. 04, p. 567.
C ontnl. iforhjrtqe O om m iltec.—Charte* Pnrwlis, Olinlrni.ni; W illiam
with gaariutteed ren tal to p a y In terest, s in k in g fund and t a k e
The
re n ta l d u e J a n u a ry
1 8 9 7 , fro m th e O r e g o n R R . A N a v ig a t io n C om - Lum tnis.Thom as Denny. Jr., Oh »* R. ristt, Philip V. R, Ely. O ver 97
p a o y wa* n o t p a id b y th a t c o m p a n y , b u t w a s a d v a n c e d b y th e o th a r per cent o f the n m » i , l i n e been d o,exited with this eom m tttoo,
lessee* as a tem porary loan to the Terminal C om pany.
and suit h »« bib'll brouklit to foreclose tho m ortgage. Doposltarte.*,
The to r w to s n r o sa les in b a n k ru p tcy o f th e N o rth e rn P ursue an d Central Trust. X. Y. or Old C olony Trust, B oston —V. 63, p. 358, 402.
Oregou N a viga tion e o m p a n ie* term in a ted th e ir j o i n t a n d -o v c r a l
R « o iic .o m * » t o * P lan .—F la n . V. 63, p. 358, entborlzee the Im o *s®ng##wR», w h ich th e ir * u « s * * '* r M f i a m l v * h a v e aos a ssu m ed . ane* o f the new securities shown In table ab ove. Old 1st consols to
2 < » * N orth ero B y . C o, 18 4 n r a * t . 1 894, a r r a n g e d w ith O r e g o n B y . A receive l 111 per c ot In n«w bond* and 80 per c o o t In stock Now bonds
N irigstb.n Co, to run j o in t train,* in to Ports s o d .
reserved to retire guaranteed bond* at 1888 for $318,000 (on La. M.
V a t Ex. RR.i and fo r im provem ents, «tc.
Or, a* an alternative, the plan p rov id es for an urn'tided lease to tho
Central Vermont, guaranteeing full paym ent o f hack Interest, future
dtolirsrad after p a ym en ts to tb s sink, fu n d, w h ich is to camsei th e bond* Interest and maintenance o f the property, o r sale o f old e-im ol* to a
B o n o # —T h e Rrst m ortg a g e 1* fo r #5.OO<M)00. T he s in k in g fun d is to syndicate o r railroad com pany at 108 and back interest.
re tlt* the b on d s trf m atu rity , bond * 'm in * d ra w n a t 110 and In te re s t
T o D. s m ’wir. 1896. # i . 0 9 0 .0 0 0 first* had been Issu ed , o f w h ich
#1.40.000 had be m retired o y Sinking fu n d. (V . 6 3 , p .
N o r t h e r n R a i l w a y C o . ( C a l i f o r n i a ) . —This w a s a rronsolldario n la May. 1 1$ # . O w n s 3 9 0 m li.-s o f rallroati. teased fo r 9 0 yea rs from
J i y S. 188*. t o th e S outhern P a cific C o. L essee p a y * lived ch a rge s
And a p. <j, on stock , if ea rn ed , a n d retain * su rp lu s.
T ? « r o * t t o l stock aU thnrlM d l* $ 2 1 ,0 0 0 ,0 0 0 . p ar $
; Isstifid # 1 2 .$ 0 6 ,0 0 0 , ail but # 1 8 3 ,8 0 0 b e in g ow n e d b y S outhern P a clfie C om p a n y .
L * i e s t X u » m - 4 m o s .,} 1 8 4 7 ...... C r o s s . $ 2 9 5 ,9 7 3 ; o a f . $ 5 6 ,0 1 0
Jan . 1 t o F eb . 2$.
n w o ...O r o a s , 3 1 0 ,5 1 7 ; n et. 0 2 ,9 6 4
IS J 0 g ross , # 2 .3 0 2 .8 3 0 ; n et, 8 8 3 6 ,6 2 2 : In 1 895 gro**. $ 2 ,0 2 9 ,9 9 8 ;

110.1

100

.

'

. >'

■ .........

'

‘

-I

O lh a r to w n m i jg M 9 2 . 3 * r . to 1 89 4 . g r o ss , 8 2 ,1 6 6 ,1 2 1 : n -t . # 7 2 8 ,1 3 4 ;
o t h e r incom e, # 1 2 7 ,9 7 1 ; surptns o v e r ch a r res In 18 9 4, #307, ,709.
N o r t h w e s t e r n C o a l K y , - A l l . „ i i Bay, Wts., to fit. Itoul* Rlvor

S to ck , earn n o n , $ 3 ,0 7 7 ,0 0 0 (p a r, #1001, o f w h ich $ 4 ,5 9 1 ,0 0 0 Is o w n e d
b y C entral V b : p re fe r r e d , $ 9 0 0 O f th e g u a ra n te e d b o n d * o f 1 888 (on
La M o llle V a lle y E x te n s io n 15R .. 12 m ile -, n o w p a rtia lly a b a n d o n e d ),
# 8 ,0 0 0 a re pa) a b le y e a rly islnvo 1893.) L o a n * anil b ills p a y a b le Dot).
8 1. # 3 5 .0 0 0 ; in te re s t o n fu n d e d d e b t d u o a n d a c c r u e d , $ 2 8 0 ,7 8 2 .

E s r n i N . —Fo r *t* months ending Deo. 31, 1996. gross, $128,296;
os
not. $ 1 12,6 04; Interest taxes, ete.. $133,142; b a t , deficit, $20,478.
In 180S, gross, $ 120,266; not. *181.817.
R epo rt ,—E xpert M u le's rep irt on Contra] V erm ont (V. 0 4 . p, 006)
g a v e statem ent o f earning* for O. As L. 0 .. show ing loss to leasee In
! 8 » . V 9 0 o f # 1 1 2 ,3 9 * and in 189 4 -9 8 o f $ 1 0 8 ,5 4 6 . F o r years e n d in g
June 30 com pan y’* figures show:

trots.

frt.

..,$ 7 5 4 ,4 2 0
*202,420
1801
. 7 6 8 ,8 )8
26.8.55 1
1893 4 .. . 734,090
288,430
- V . 64, p, 874, 518, 507.
189581

Other inr. Tnt,,taxes,etc. Balance,
$3,800
3.56 1
4.503

$260,822 d ef ,$54,402
267,943 sur. 4,172
207,6 43 dof. 4,650

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105

RAILROAD STOCKS AND

BONDS.

Lak* m

Cone»>iH
iU
J *4»
U
\ h ta
jP »U i

MUmtm

w#9m&3?

(/Kr1fthom
n
i*h«|

■
‘W . w f c j

r(»«M »rl

(S S S ttX ^

8 ®

1
.....

0»kOAt«l
j'H rgpajg,

*Aj

KjU
aiiui
. ■; <: /

t>v c
mrtiraj A
iRosnl
V y«t;jt.»\

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••

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M

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• -'
*

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\B WJk*/

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M A I* O F T 11 E

AP&IL, 1897.j

as®

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iMkm-faw

NORTHERN PACIFIC RAILWAY
iW E S T E R N S E C T I O N )
ENTIRE S YST EM 4 ,3 6 7 .3 6 Miles
M A R C H , 1897.

106

INVESTORS’ SUPPLEMENT.

[Vol,

L X IY ,

S u b s c r i b e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g Im m e d ia te n o tic e o f a n y e r r o r d isc o v e r e d In th e se T a b le s .
Bonds—Princi­
INTEREST OR DIVIDENDS.
________________RAILROADS.__________________ 1 Miles Date Size, or
pal, When Due.
A m ount
Par
Rate per When Where Payable, and by Stocks—Last
of
F or explanation o f column headings, <&o., see notes, of
Payable
Whom.
Value. Outstanding Cent.
Dividend.
Road. Bonds
on tirst page o f tables.
-------------------------------------------------------------------------— Ohio 16 M ississippi—See B alt . & O hio So u th w est .
Ohio River— 1st in. [$2,000,000], $12,000 p.m.,g.C* 169 1886 $1,000 $2,000,000
1.00Q
2.698.000
Gen. M. (for $3,000,000), g old,1st on 39mUea..o* 208 1887
1,000
341.000
33 1890
Ravensw. 8p. & G len .lst M.,gold,gu.,p.&l. (end.) c*
300.000
1,000
12 1892
Huntington & BigS. IstM . ($400,000), gold, gu.o*
50,000
13 1888
Ripley A Mill Creek IstM . g.. guar. p. At., end. c*«fcrj
100
6,185,500
Ohio River et Chari.—Stock ($2,474,200 is 6 p.c.pf.)
1,000
1897
(?)
1st M. (auth. $000,000) to be leaned in 1897.......
365.000
1,000
1897
Ohio Southerti—Receivers’ eertiiicates, g o l d ..........
3*924,000
1,000
1881
1st inert., $4,000,000 ($15,000 p. m.) g old .......o*
120.000
Receivers’ certificates...............................................
2.798.000
1,000
1889
General (2d) mortgage, (Tor $2,800,000), g o ld ..c x
See text.
1 894
Consol. (3d) m ortgage, $8,000,000, g o ld ...............
957.000
1895
Car trusts Dec., 1895 ($319,000 are Os)...............
1,000 | 2,394,600
Ohio Valley, Ky. -1 s t m ortgage, g o l d ................... c x 108 1886
1,000
Gen. consol. M.t gold, gu. by C lies.O.A8.W .,end.o* 108 1888
16,308,900
100
Id Colony—Stock....................................................... o*
1.615.000
’75-6-7 1,000
Bonds, not m ortgage............................
c&r
200.000
1882
1,000
Bonds, not m ortgage................................................. r
498.000
1884
1,000
Bonds for Framingham S Lowell bon ds...............c
c
4.750.000
’ 84-’88 1,000
Bonds not mort. ($750,000 ’ 84, due July, 19 04).r
3,000,000
1894 l,000& c
Bonds (authorized $3,000,000), gold ................. c*r
2.681.000
1895 l,000& c
Bonds (authorized $2.000,000)...........................c&r
See text.
1897
Bonds, $3,000,000 (authorized 8ept. 29, 18 96)..
1.912.000
1,000
1880
Boston Clin. F. A N. B. m ort., int. guar, by rental.o i2 5
’
600.000
1893
Old Colony Steamboat bonds, gold (not m ort.).c*
Providence & Stonington Steamship Co. bonds..
(?)
225,000
15 1892
Plymouth < Middleboro IstM .,in t. guar.(end.).o"
fc
1893
O'tidna Bridged: Terminal
1st M."($5,000,000)
(?)
1896
1,000
Omaha K. C. it Eastern—1st M. (see text), g old..c*
(?)
2.376.000
Omaha <t St. L. Kit.—1st M., g., subj. to call at par. 145 1896

5
5
g
6
6

«•
gg.
gg■

J.
A.
F.
J.
F.

&
Sc
&
Sc
&

D. N.Y., Central Tr. Co.
do
do
O.
do
do
A.
J. New York or Phila.
A. Phila., E. W.Clark & Co.

June 1, 1936
A pr. 1, 1937
Aug. 1, 1920
Ju ly 1. 19221938

7
6 g. F.&A.15
6 g. J. & D. June, ’96, pd. Sept., ’96 June 1, 1921
4 g. M. & N. M ay,’95,coup, last paid. M ay 1, 1921
1944
See text
M onthly.
J. & J. July, ’93, coup, last pd. July 1, 1926
gdo
do
( 5 g . J. & J.
July 1, 1938
7
Boston, Office,
Q.—J.
Jan, 1 ’ 97,1%%,.
6
do
Various
A ug., 1897
do
4^a J. & D.
Dec. 1, 1897
fc
do
4ia A. < O.
Apr. 1, 1904
4
J. & J.
do
1904 & 1938
F. & A.
do
Feb. 1, 1924
l g - J. & D.
do
Dec. 1. 19254
do
1927
5
j . & j . Boston, N. E. Trust Co. Jan. 1, 1910
B oston, Office.
5 g. J. & D.
Dec. 1, 1903

s lf -

5

J. & J.

4 g. J. & J.

Boston.

Jan. 1, 1912

N ew Y ork.
N ew York.

Sept. 1, 19261901

O h io R i v e r l i l t . —R o ad .—Owns from Benw ood, opposite Wheeling* |
Gross.
Net.
In t. • taxes.
*
Oth. int.
Bal. sur
vVest Va., to Huntington, West V a.,208 m iles; trackage into Wheel­ 1895-6................ $813,780 $295,361 $368,120
(0
def.$72,759
ing, 4 m iles; leases Huntington & Big Sandy Railroad (opened 11894-5................ 784,730
358,601
354,095
16,133 def. 11.627
338,839
291,123
22,333 sur. 25,384
early in 1893), Huntington to K enova, West Va., on the N orfolk Sc i 1893 4 ................ 632,020
Western’s new line, 11 m iles; operates Ravensw ood Spencer Sc Glen- —(V. 63, p. 229, 459, 515. 560, 5 9 8 ; 881, 9 2 3 ,1 0 1 0 ; Y . 64, p. 42. 83,
viile Ry, Ravenswood to Spencer, 33 m.; Ripley & M ill Creek Valley, 13 1 135, 181, 331, 374, 424, 566.)
m.; total, 269 miles.
Stock .—A uthorized, $6,000,000; outstanding, $5,915,430; par, $100O h io V a l l e y .—E xtends from E vansville, Ind., v ia Princeton on the
B onds .—Trustee o f the tirst and the general m ortgage is the Fidelity Chesapeake Ohio Sc Southwestern, to H opkinsville, K y., 139 miles, of
which 21 miles, P rinceton to G rad e, is leased; branches, 9 miles.
Ins. Tr. Sc Safe Dep. Co. o f Phila. The R. S. & G. m ortgage is for $400,000. December 31 ,189 6, there were bills payable, $150,000, and in
O rgan ization , E tc .—Stock is $2,162,200 (par, $100), $1,297,500treasury were $247,350 o f bonds issued.
o f which sold in 1891 condition ally to the Chesapeake Ohio & South­
E arnings .—On 223 m iles, ) 1897..........Gross, $6 8,07 5; net, $21,824 western, but the conditions of purchase w ere not fulfilled. Sundry
Jan. 1 to Jan. 31 (1 month.) ) 1896..........Gross, 7 5 ,753 ; net, 23,129 accounts payable Ju ly 1, 1893, $442,011; car liens, $16,139. The gen­
A nnual R eport .—Fiscal year ends Dec. 31. R eport for 1896, w ith eral m ort. trustee is Central Trust Co. In Dec., 1893, John M cLeod
balance sheet, was in V. 64, p. 661, show ing earnings as follow s on was appointed receiver. In D ec., 1896, road ordered sold, but sale not?
to occu r before June 1. Upset price, $1,050,000. V. 64, p. 42.
223 m iles:
Year—
Cross. Op. ex. & taxes.
Net.
Int., ete.
B alance.
Bondholders' Committee.—A ppoin ted in Deo., 1896, F rank Russak, M.
18 96.............. $970,023
$669,930 $300,093 $278,380 sur. $21,713 L. Edwards, Marcus M ayer, John B. W estbrook. Cord M eyer; deposit­
1895............... 887,271 597,110
290,161
270.628 sur. 19,533 ory, Bank o f State o f N. Y ., N. Y . City. V. 64, p. 288.
1894............. 712,43L
464,258
248,173
263,322 def. 15,149
E arnings .—F or years ending June 3 0 ,1 8 9 6 , gross, $ 3 6 2 ,5 8 1 ; net,
1893............... 790,261
503,447
286,814
264,433 sur. 22,381
1892............... 795,135 478,733
316,402
243,776 sur. 72,626 $100,462; rentals, etc., $14,040; balance, surplus, $86,422. In 1894-5, .
gross, $355,961; net, $90,002.—(V. 60, p. 4 8 1 ; V . 64, p. 42, 288.)
Ravenswood Spencer & Glenvillo gross for 1895, $57,430; surplus
over operating, taxes, interest; etc., $1,217. Ripley < Mill Creek Val­
fe
O ld C o lo
KR.
.)—Owns
ley gross, 1895, $16,634; surplus o v er charges, $1,147. (V. 62, p. tow n, Mass.,n yew port,(lU a s setc., 495 road from B oston to P rovinceN
R. I.,
m iles; leases, 108 miles; total,
9 4 6 ; V. 64, p .6 6 1 .)
operated. 603 miles. See S upplem en t o f Septem ber, 1894. Will use
O h io R i v e r Sc C h a r l e s t o n R y . —Owns road from Camden, the new Union Station iu B oston when com pleted.— ( V. 62, p. 547.)
L ease .— In 1893 leased to the New Y ork N ew H aven & H artford
S. C., to Marion, N. C., 171 miles. A lso in operation in Tennessee from
A llisons’ Mills to North Carolina State line, 32 m iles; in Kentucky fo r 99 years. A bout $5,000,000 o f the stock, included in table a b ov e,
osvned Richardson to Wliitehouse, 8 miles. A reorganization in 1894 was exchanged fo r New H aven stock, and is held by that com pany.
The lease provides fo r dividends o f 7 p. o. per annum on stock noto f the Charleston Cincinnati & Chicago.
exchanged. See V. 56, p. 247, 374.
B onds f o r E xtension .—In January, 1897, it was announced that
Stock , E tc .—An increase o f stock from $12,000,000 to $15,000,000
an extension w ould be built from B lacksburg, S. C., to Gaffney, S. C.,
and that an issue o f bonds thereon had been underwritten. On ex­ was authorized in Nov., 1889, and a further issue o f $2,000,000 to
raise the grade o f Boston & Providence track fo r four miles, and
tensions in North and South Carolina, it is said, $600,000 o f bonds
$3,000,000 fo
author­
in all w ill be issued. June 30 ,189 6, current liabilities were $59,179; ized, making r term inal im provem ents in Boston have been$200,000
total authorized $20,000,000. In A pril, 1897,
current assets, $38,669. te e V. 64, p. 181.
of stock was sold; total outstanding $16,308,400. In Jan., 1897,
In year ending June 30, 1^96, gross, $200,069; net, $26,754; taxes,
etc., $17,288 ; balance, surplus, $9,466; total surplus to bate, $23,371. $400,000 of 4 p. o. bonds, due 1925, w ere sold fo r refunding and
In year 1895, gross, $1»6,819. In year 1894, gross, $1 68,4 56; ner, $2,200,000 4s o f 1927 (part of $3,000,000 authorized in September,
1896), were sold fo r refunding 6s and 4iasdiie Aug. and Deo., 1897.—V.
$24,951.
63, p. 602;
Office, 310 Chestnut St., Philadelphia. President, SainuelH unt; Sec­ m ortgage. V. 64, p. 234. N one o f the Old Colony bonds are secured by
retary, John J. Collier. (V. 61, p. 27; V. 64, p. 181.)
F loating D ert .—Loans and bills payable June 3 0 ,1 8 9 6 . were $872,O h io S o u th e r n l i l t . —OwnsSpringlield, O., to Wells ton, 118 miles 900, against $789,461 in 1895, hut bonds have been sold since.
and Branches, 80 miles ; extension troui Sprimrtleld to Lima. 68 miles
D ividen ds since 1881—In 1882, 6in; 1883 to July, 1891, both in­
(com pleted in Dec., 1893) ; total, 266 miles. Lima & Northern has clusive, at the rate o f 7 per cent y e a r ly ; in Decem ber, 1891 (dividends
built a line from Lima northerly to a ju nction with the Wabash. oee V olianged to quarterly), 2910 per cent,; in 1 8 9 2 ,7 ; in 1893, M arch, 13t
61, p. 925. Traffic p rincipally bituminous coal.
per cent; June, 213; thereafter 1% per cent quarterly under th e lease.
A nnual R epo rt .—Operations since Ju ly 1, 1893, are included in N.
STOCK, E tc .—Stock outstanding, $3 ,840 ,000; par $100.
Y. N. H. & H. report, hut the com pany’ s statem ent o f im provem ents,
R eceiversh ip —D efault —S ale .—Receivers appointed May 11.1895 for the year ending June 30, 1896, w ith general balance sheet, was
R eceivers are now N. E. Matthews and E. P. Graf (annointeii Sent given in V. 63, p. 650.—(V. 63, p. 358, 459, 602, 6 5 0 , 1159; V. 641 8 ,189 6 in place o f J R. Megrue. V. 61, p .3 2 5 ! S r n o r S
p. 42, 234, 664.)
coupons due June 1, 1896, were paid in Sept., ’96. Do ember ’9 i
O m a l i a B r i d g e Sc T e r m i n a l R y . —This com pany owns and
Interest on firsts was not paid. Foreclosure sale under the 2d m ori-a^i
has been indellnitely postponed.
°
operates a double track steel railw ay b ridge across the Missouri River
between the cities of Omaha, Neb., and Council Bluffs. Ia. Also a
Committees .—First M ortgage: Chairman, W. A. R e a l o f V erm ilye < line o f railway netween Omaha, South Omaha and East Omaha, Neb.,
5
Co., Simon Borg, Heury Sanford, E dwin S. H ooley and Thomas Denny and Council Bluffs, Ia. In A pril, 1896, had in operation 39 miles o f track.
It has connections with all the leading railroads reaching Omaha.
General M ortgage: John I. W aterbury, President Manhattan Trus
Company, No. 1 Nassau Street, New York, James D Smith Cliair M ortgage o f 1893 covers the bridge at Omaha and the lands and other
property. A union station is to be built at Omalia to cost about $2,000,4 ‘2 , ~
Street. N. Y Jules S. Baehe, Rush C. Hawktas w
G. W iley an d E .L . Oppeuhem ,; depositary. Manhattan Trust Co., N 000. President, John L ow ber W elsh, Philadelphia. (V. 62, p. 4 1 , 234 1 .
1. V. oA, p. -7 ,1 0 6 5 , V. 62, p. 139, 320. July 16 1803 trust po. Y. 63, p .9 6 9 .)
ceipts for $1,255,000 deposited general m ortgage bonds w ere listed
O m a h a K a n sa s C ity Sc E a s te r n R R .- I n c o r p o r a t e d July 24
on the N ew Y ork Stoek Exchange. A reorganization p la n iliu prenar
1896, to construct a road from Pattonsburg, Mo., to Trenton, Mo., 30
ation, but has been delayed for various reaaoos.
* *
miles, to connect the Quincy Omaha < K. C. (135 miles) and the Omaha
fc
R eceivers ’ CERTiFicATEs.-Certiflcates fo r $120,000 (July 1895) Sc St. L ouis (145 miles), w hich roads w ill ultim ately be consolidated with,
^ ei.e pledged for funds to pay first m ortgage coupons due June 1 1895 the O. K. C. S E., as w ill also the K. C. & Northern C onnecting Ry., 72
c
their lien is subsequent to the firsts. V? 61. p 152 Sfi7 A r l S i S u
m ile s—See V. 63, p. 190.
certificates for $365,000, having a lien p rio r to the tirst m ortgage wer(
B onds .—The O. K. C. & E. first m ortgage bonds are to be issued at
t0 Pr° 7ide f° r ° Verdue car tr u s ffilfo l'J m s $20,000 per m ile on road built and to be built from Beardstown, Hi., or
other p oin t east o f Mississippi River, to Kansas City and Omaha, or
II onds .—B oth the first and the general m ortgages are to the Centra Council Bluffs (see V. 64, p. 84) with additional am ounts fo r termin­
Trust Company, as trustee. Of the consols only $200,000 have beei als, equipm ent and bridge over M ississippi River, if bu ilt; a portion of
executed ;t lie y are held as collateral for car trusts. Car trusts m atim the authorized issue w ill be reserved fo r future im provem ents on the
about $150,0(50 yearly in m onthly instalments. In D e c e m b e r 1 8 9 ? line aforesaid. Contracts for building 34 m iles were let in December,
were issued!1 WaS ^3~6’0(>0 ’ iu Al>rll> 1896. generals fo r $287,00C 1896.—V. 63, p. 190, 459 1116 ; V- 64, p" 84.
nE 8R i : NOS- CaIendar year 1896’ ffrOSS’ * C8(J>
lA 9
336. against $774,515
A n nual R epo rt .—F iscal year ends June 30. Statement fo r i oo.-,,

^ V T u /^ ^ 4 ,^ % rr& .1895'0 a I'e

O m a h a Sc S t, L o u i s | R R ,—Owns Council Bluffs* Ia. to Patton 8burg, Mo., 145 miles
H is t o r y , E tc .—Successor in June, 1896 (per p lan V. 62, p. 41,1177)
o f the Omaha & St. Louis Railway, sold in foreclosure Jan. 27. The
new com pany is to exist until consolidation w ith Quincy Omaha & K.
O. is effected, when the consolidated com pan y w ill be operated in closer

A p r il , 1807.J

RAILROAD

STOCKS

ARD

BONDS,

107

s u b * e r il> c r » w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .
RAILROADS.
F or explanation o f eoliunn headings, * o ., see notes
o n first p a g e o f tab les.

j

Buiute— I’ iln o lIN T E R E S T O R D IV ID E N D S .
M iles D a te S ize, o r
p a l.W h en D u e .
A m ount
H ate p e r W hen W h e re P a y a b le , a n d b y Modes— h a s t
of 1 of
Par
O u tstan d in g Cent.
P a y a b le
W hom .
R oad . B on d s V alue.
D iv id e n d .

1

596
1 88 7 $ 1 ,0 0 0 $ 1 9 ,6 2 5 ,0 0 0
O regon A C al.—ls tM ..g .d r ’ n a tlO O g u .p .A U en d K O '
Ore#era
M t a c m X A J W O C S C o u r a n IRS.
O regon C entral t£ E a stern ,—S to c k . $ 3 , 0 0 0 ,0 0 0 ... ..
....................
100
3 ,0 0 0 .0 0 0
O r e g o n B B . .0 n a v i g a t i o n —
....
....
100
2 4 .0 0 0 ,0 0 0
C om m o n -t o o k v o tin g tru st ce r tifica te * .............. .
1 0,9 9 8 ,5 9 0
F r e t s to c k . 4. p e r cen t, non -ontn., v o t . tr. c e r t . . ,
....................
100
4 ,4 5 1 ,0 0 0
6 45
1 97 9
1 ,0 0 0
Or. B y . Jr .Vac.. 1st >1- b on d s. g .,s . t . d r t a t lO O .c
1 5 ,1 7 4 ,0 9 0
Consul, m o rtg a g e . $ 2 4 ,5 0 0 ,0 0 0 , g o ld ......... ......... o ' ,1,003 1 8 9 6 i 1 ,0 0 0
O r e g o n S h o r t L i n e B H .—
....
100
2 7 ,4 6 0 ,1 0 0
C om m on s to c k . # 2 7 ,4 0 0 ,1 0 0 ......................................
....
1882
1 ,0 0 0
1 4 .9 3 1 .0 0 0
O r .8 b .L - 1st M ..P . St L .g o ld —s e e V .6 3 , p .6 0 2 .. c '
a 1 ,993,000
....
1879 ; 1 ,0 0 0
B la b St N orth ’n 1st m o i t , * 1 3 ,0 0 0 p e r m i l e . . . . c '
16.96
1 ,0 0 0
1,8 3 1,00 0
G om el. M „ gu .. # 1 5 ,0 0 0 p. m .. s. f. n o t d r'n .g.e* 4 8 9
1 0 .3 2 7 .0 0 0
C on sol. 1st m o rtg a g e , # 3 0 .5 0 0 ,0 0 0 , g o ld , 1 8 8 0 ... 1 , 4 7 9 . 1 8 9 7 , ..........
Jfon-euinu iattve Incom e, b on d *—
7 ,1 8 5 ,0 0 0
....
1,897 ' ..........
Series A , 5 p e r cen ts, # 7 .1 8 5 ,0 0 0 ............................
Serle* it, 3 p e r c e n t l o r 3 y e a rs , $ 1 5 ,0 0 0 ,0 0 0 ,
....
1697
..........
U , 8 4 1 ,0 0 0

Im
proeem
ent-Sve

5 g- J . A J. N. Y ., S o u tli P a cific Co.

Ju ly 1, 1927

.....

..........

I f:
f*
t K5 g.
L'p t o 5

J. A J. N. Y ., See. A T ru st C o. J u ly 1 , 1 90 9
J A D . N e w Y o r k & G e rm a n y . J u n e 1, 1 9 4 6
F.
J.
J.
J.

,k
A
A
A

.....

A.
J.
J.
J.

F eh., '9 7 . p a id F e b .. '9 7 F e b . 1 , 1 9 2 2
J a n .. ’ 9 7 , pd . in J a n .,’ 9 7 J u ly 1, 1 908
J a n .,’ 9 7, p d . J a n 1 9,’ 97 J u ly 1, 1 926
1st in t. p a id J a m 1, ’ 9 7
1 947
N e w Y o r k , w h en e a rn ’ d
do
do

a. O f w hleti U nion P a cific co lla te r a l tru sts h eld .
Jan . 1 ,1 8 8 8 . $ 3 ,9 6 2 ,0 0 0 .

connection with the K . C. Pitt*. * G u lf and n e c e s s a r y e x t e n s io n s and
eoanccU ons bulls.—See K_ C. A Northern C onnecting B y.; also V .C l.

E x s n in o c — R e c e i v e r r e p o r t e d a s fo l l o w * t h e e a r n in g s o f t h e o l d
c o m p a n y f o r th e year e n d in g J u n e 3 0, 1 8 » 6 , I n o lu d ln g s t e a m s h ip s :

|O ro ss e a r n in g s ................# 4 ,3 4 0 ,7 9 1
K * w 8« 0 B * m * s .—Under the reorganisation plan o f Dec. 1 8 .1 8 9 5 | D ed u ct—
nr, 82, p. M l, She old /trite and nsmode are to receive 75 i>, e. in the O iie ra tln g e x p e n s e s ___ 2 ,7 7 8 ,5 0 3
105,015
new 4* and 25
e. la new incom e* o r stock : the new bonds *r»»ut*- |T a x es..... ..........................
1 9 5 ,8 2 7
fees to redem ption a t par. The new securities were n o t y e t Issued, but i R en ta ls o f tra ck s , e t c . .
January, 1887, Interest on new bond* (represented by certlfleates) was ,
F i x e d O b a s o b s . - U n d e r th e p la n
paid at Guaranty T r a d Co.. H . Y. (V. 64, p. 12.)

P-

K *»W W (W e-F or 8 * « s l y e a r e n d in g J u n e 3 0 . 1 8 9 6 , g r o s s , $ 3 1 7 ,3 8 4 ;
n « t . #52^ 4(5. l a 189 4 4 )5, g r o w , # 2 9 0 ,8 3 1 ; n et. * 1 ,9 7 7 . In 18 9 3 -9 1.
grass in co m e . $ » 5 5 ,9 0 7 . (V . 6 2 , p. 1 1 7 7 : V. 6 3, p . 1 9 0 ; ¥ .6 4 , p. 4 2 ,8 4 .)
o n g s a A C a l t f o r u l * . — F rom P o r t la n d ,O h . to C a lifo rn ia Htate

lt s e ,3 « 7 m ile s ; Albany Junction to lad,anon. 12 tnlles; P ortla n d to
O orvaU h, 9 7 toll*-*; W o o d b a rn t o N a tron . 8 3 m iles; pnreha-w d to 1 89 3
O regon ia n KB. and P ortla n d A Y a m h ill K i t ; P o rtla n d , O re., to A irlee.
O re., and branch, 85 utllee. T o ta l. OS* m iles.

T o t a l o f sa id e x p e n s e s ..$ 3 ,1 3 7 ,3 4 7
S u rp lu s o v e r e x p e n s e s . 1 ,2 0 3 ,4 4 4
M is c e lla n e o u s in c o m e ..
2 7 ,4 2 9
S u rp lu s f o r y e a r ......... 9 1 ,2 3 0 ,8 7 3

the fix e d ch a r g e s o f th o n e w c o m ­
p a n y d u rin g th e first y e a r o f it* o p e r a t io n w ill b e a p p r o x im a t e ly : I n ­
( terest o n #4,1)00,000 o u t o U n d ln g first m o rtg a g e C«, 9 2 0 4 ,0 0 0 ; n e t p a y ­
m en t o n a c c o u n t o f o in k in g fu n d , 8 2 9 ,5 2 0 ; in te re s t o n $ 1 5 ,1 7 4 ,0 0 0
n o w c o n s o lid a t e d m o rtg a g e b o n d » a ! 4 p e r c e n t, $ 6 0 0 ,9 8 0 : t o t a l fix e d
ch a rg e s , $ 9 3 0 ,4 .8 0 ,and “ this a m o u n t f» w u islu era d to b e w e ll w ith in
th e e a rn in g c a p a c ity o f th e p r o p e r t y ." T he fix e d ch a r g e s o f t h e o ld
j O re g o n H a llw ay A N a v ig a tio n C o, w o r e $ 1 ,3 0 5 ,2 5 0 .
;
I O rel* (.is*.—F r e -ld e n t , K. M c N e ill; set r o ta r y a n d G e n e ra l A tt o r n e y ,
tv. W . C o t t o n : G e n e ra l A u d ito r . 15. S. B e n s o n ; T re e e n re r. G . E . W lth Itigton. O e n c r e l ofttees, P o rtla n d . O re .—(V . 6 3 , p . 7 0 , 1 1 6 ,1 5 5 , 3 1 1 ,
j 3 5 8 , 4 5 5 , 6 0 2 , 881 , 923 , 92.8. 9 6 9 ; V . 0 4, j». 8 4, 2 9 8 .)

S ac.—teamed to gtoathern Pacific Co. fo r 40 years from Janaary 1 ,1 987 . the lessee guaranteeing Interest on th e bonds, and the lessor j
receiving u q r w t w n i U and being charged with a n y deficit after pay- j O r e g o n a b o r t B i n e l i l t . —O w n s G ra n g e r, W y o „ t o H u n tin g to n ,
went o f charges. Betterm ent* a te p u y a b ta b f lessor. Pacific Im p ro v e -: O re .. 5 42 m iir « ;b r n n e h t o K e to h a m , Id a h o, 7 0 m .: O g d e n t o M cC a m m on ,
mens Co. ow ns tho btdJC o f It* #10.000.000 stock,.912,000.000 « f w hich i Id a h o , 111 m ile s ; P o ca te llo t o S ilv e r R o w , M o n ta n a . 2 5 6 m ile s ; Igdil
It T o . * prof.; par is BOO, One Ho. Pm. Co. Jan i, 1896, $1,697,394, |J n n e th m t o T lu tle. U tah , 5 4 milt**; O g d »u , U ta h , t o F risco , 2 7 5 m il e s :
Mnkast #655.580 In 1895. 8b. P se. guaraotoe* the bonds p. A t b y e h - ; su n d ry branch,**, 1 17 m ile s ( o f w h ich 4 0 m ile s n a rro w g a u g e ); to ta l,
dorsemeut « n each.
1 ,4 2 5 milns. A ls o o w n s b u t len -. s to th o M o n ta n a U n io n R y ., S ilv e r
Bowns.—Land grant was about 4,000,000 acre*, part o f which >» j B o w , Id a h o , t o B u tte , G a rr is o n , M o n t., e t c ., 5 7 m ile s.
Covered by the m ortgage, proceed* o f land aftIra going lo redeem tmnds !
Hi ( r o * r . —S u c c e s s o r M arch 1 7 , 1 8 9 7 , o f th e O r e g o n S h o rt L in e A
d ra w n at par. atom s purchasable lower. Trn»:>-« o f m ortgage, Union
T ra n C-uni-anr, N«w York. The Southern I’aelfir guaranty o f pnnel- s U tah N orth ern B y ,, s o ld u n d e r fo r e c lo s u r e s u b je c t t o th e O r e g o n S h o r t
L ine m o rtg a g e rtf 1 *92 a n d th e (fifth N orthern m o rtg a g e s , a n d r e o r g a u M i and I M n w t to printed on bach o f the fin e r cent*. In 189-5 n stla a d •
U ed p e r p l a n o f F e b . 2 0 , 1 8 9 8 , In V. 6 2 , p . 5 0 1 . 505 .
•aim •abject to m art. w ere 6,608 acre* fo r 823,9718—d ec V. 03, p. 754.
T h e o ld c o m p a n y w as c o n tr o lle d b y th e U nion P a cific H a llw a y C o .,
Kaekto'M ,—For 1905 gross 91 .00 3 .4 3 4 ; net, 9 2 7 9 ,0 5 3 ; Interest
onto 81.070,764; b a l„ d eficit,9790,811. t * I « * 9 g m w .9 l .7 0 7 .m s net* w h ich a p e ra to d it u n d e r * tra ffic a g re e m e n t,
9534.917.—(V. 68, p. 3 8 4 ; V. 00, p 1059; V. 63, p. 754.)
(. ii-ir .u .H t «>CK.—S tock.a uthorized 9 2 7 ,1 6 0 ,1 0 0 , o f w h ic h $ 7 ,5 5 8 ,3 5 0
O r e g o n C e n t r a l A K a s l e r n . —O w n s fr o m Y a q u la a to id an ali. Is h eld a s p a rt s e cu rity f o r th e 0 . P. co lla te r a l tru s t n o te s o f 1891. A
Ora.. 142 miles, lju id grant was 850.000 acres, o rg a n ized in 1895 m a jo rity o f she n e w s to c k (o r 9 1 4 .3 7 0 ,0 0 0 ) trader th e p la n w e n t t o t h e
o ld b o n d h o ld e r* . T he o ld s to c k p aid a n a sse ssm e n t o f 12 p e r c e n t a n d
as successor o f O regon P a cific, so ld in fo r e c lo s u r e !»•<•- 2 2 .1 8 9 4 .
re c e iv e d 5 0 p er ce n t in new c o m m o n a n d 1 2 p . o. In b o n d s f o r th o
KaaAUhM. - In year ending June 30 , 1.9S1S, g row , 889,503; bet, $17;* a ss e ss m e n t.
983s an tired charges. In year ending Dee. 31. 1895, gross, 991,407;
H i m n u F i v t s v i * - R y th e re o r n tn U a tla n th e a n n u al fix e d c h a r g e s
oet,$3>M 8. P resident,A . B. llam m on i).C orv allis,O re. ( V ,« 0 ,p .7.124
O r e g o n I m p r o v e m e n t l « . —Her M w e g U -i S K O t * C o g i s n ir a .
O r e g o n R a U r r m d A N a v i g a t i o n . —R o a d E ast Portland. O re., to
Huntington, Ora.. 403 m ile*: branche* O «0 ; total Dec., 1896. 1,003
mile*, o f w h ich 19 n a rrow gauge, O t n u Mae t o ban F rancisco, 670
miles. See V. 03. p. 900.

w e re red u ced fro m # ’2 ,7 9 8 ,5 7 5 t o
d e b ted n e**, n ew and a ssu m ed , t o
v hi c l f o r p a y m e n t o f asse ssm e n t
a N a visa tm u «to ck , th u s in s u rin g

$ !,8 3 3 .2 7 0 a n d th e m o r tg a g e In alm ut 9 2 5 ,0 0 0 p. m . T h e p la n p r o nu. th e -813 ,82 7 ,2 0 0 o f O r e g o n B y .
to th e n o w e o m p u u y n m a jo r ity o f

the common stock o f thatim portant property now roorgunUod as the
O re g o n R a ilro a d A N a v ig a tio n C o.

B o !»«>■>.—O f th e 9 3 8 .5 0 0 ,0 0 0 n e w y lrsf r o ssn te ,9 8 4 ,1 7 2 ,0 0 0 nre re s e rv e d to re tire at m aturity t)io lo a n * n o t d is tu r b e d a n d # 2 ,0 0 1 ,0 0 0 a re
r e s e r v e d f o r fo t tir e u s «, tin* b a la n c e b e in g issu e d a t o n c e . T h e s e b o n d s
a re a first U »n on a b o u t 4 0 0 m llc t. Tt»< n e w seem H ies w ill p r o b a b ly
b e r e a d y b y M ay 1. 1 8 9 7 , an d w ill b»« d istrib u te d In the m a n n e r in d ic a ­
te d in the ta b le u n d er O r e g o n S h o rt L in e A U tah N o rth e rn b e lo w .
T he 0 . ft, A N. s to c k i# to b e p la c e d in t ru s t a * s p e c ia l s e cu rity f o r
the S e r in B tn r „ -.,n , b u t d ivid en d * th e re o n a re t o g o to the S h o rt L in e
the Oregon BE. A Navigation Co. Hoe V. 04. p. 28*.
c o m p a n y e x c e p t a* n e e d e d t o p a y to Oeriee B their f u ll In terest, T h e
V o t n i o T h c w r.—T a e C e n tra ! T r u s t C o ., a s tru stee, w t o h old th e S e rie s B b o n d s w ill r e c e iv e if e a rn e d 3 p . c. In terest a n n u a lly f o r first
t o t in g p o w e r o n a ll s to c k till M »y l , !800.st!ii>»** th e t r u s t b e s o o n e r i th re e y e a r* , th e n 4 » . c ,; th ey w ill be r o p r e o n ted by t w o d ir e c t o r * ;
<
te rm in a te d b y the c o n s e n t o f b o ld e r , o f tw o-th ird * o f e a ch c|a*» o f ; their c o n s e n t m u st f> < u-en red to a u v le a se o f t h e p r o p e r t y u n le s s th e ir
cert!t!ent*;«, o r a t o l l d iv id e n d * a g g r e g a tin g t o 2 9 p e r e e t o o f th e p a r j In terest Is g u a r a n te e d th e re b y . N o a d d itio n a l lieu sh a ll b e p la c e d
vain** <if the p re fe rr e d sbM-k «h»U J iav e bennffM ud n r H M u a a t d a h e a d o f B e r m 4 <t»d If w ith o u t th e co n se n t o f a m a jo r ity in te r e s t.
O r o a v ix s IU ih .—O rg an )?.' ! to J u ly , 1 8 0 0 , p e r p l a n In V . 6 1 , p. 3 25
and V .6 2 p . 4 t , and A ug- 1 • n n M M M to th e p ro p e rty a n d fr a n c h i s e .o f
th e o ld O regon B y . A NvVJgatWn 0 9 , to ld In fureetofttire u n d e r the
c o n so lid a te d m o rtg a g e J u ly 9 an d o f the b ra n ch lin e s s old J u ly 10 *n<l
J u ly 13, V, >i t. p . 7tf. 1 10. O ld s t o c k p * M asseasdW Bt o f 6 p . « . See
also V , 9 9 .jp . 3 1 1 . T b s O reg on S h o r t M n e A U ta h N orth ern w hen
MfOrgatotod w fll o w n 9 1 8 ,8 2 7 ,2 9 0 fa maJorltJD o f t h e e o w » w « s to c k o f

4 p. c. per annum on the preferred, am ounting to 30 p o. In the aggre
A t e , sh a ll h w s b e e n fu lly g u a r a n te e d . The tru st la su r e * to th e p r e ­
f e r r e d s to c k ce r tifica te * ( o f w h ich 9 9 .2 89 .7 5 U w en t t o b o ld e r * o f o ld
co to o ts and co lla te r a l t r u s t h o o d s ) th e .right to m wM tiato t o o d ire cto rs

and the eommon stock certificates to nom inate five d irectors—see also
V .8 2, p, 41.

B m m .—The consolidated m ortgage o f 1898 i » b * t r » e t V. 03. p.
928; trustee, S ew Y ork g eearity A T rust Co.) cover* nil the com pan y's
property, present » o d future, em bracing 1.003 ratio* o f road, o f which
045 mliro are subject to the first m ortgage o f 1*79. wlHob to January,
1897, were outstanding at the rate o f about $7,000 per mile. This
latter m ortgage is d a » in 1909 and D being paid o ff by slaking fund.
• O f the $243500,000 new eonool* o toberttod . 9 5 ^ 9 0 ,0 0 0 w ere re­
served for retirement when due o f 9t,900JW O tir.is fsln ce reduced to
present slgurralof 1979. $1,106,000 will Im wwd for bettorm etos. etc.,
and $2,830,000 for the . ••nstruotlon. If deem ed advisable, o f addi­
tional road to the mouth o f the Ootumbia R iver o r elsewhere at the
rate o f n ot w ore than #20,000 per mile o f constructed road. Sec fur­
ther particular* in V. 63. p. 90S.
FI rut m ortgage ha* a sin k in g fun d to h a y bond * at o r itelow 110 , o r else
d ra w th e m At p *r o n Jannary.l. In January, 1847. t o m eet sinking

fund requirements for 1893-90. both Inclusive, $173,800 was used to
pay 9433,000 o f these bond*—two V. 04, p. 84,
•tf.»vrs*r
—From Julv t t o Feb. 28. B m ouths. In 1836-7*
gross. 93.272. -'.33 it g a io s t # 3, 067,181 in 1900*9); n e t, 9 1,439,9 1 6 .

L * T ) * r E a tu a n o a —2 ruo*., i 1 8 9 7 .........O rosa. $ 7 5 2 ,7 7 6 ; n e t, $ 3 2 2 ,0 5 5
J a n . 1 to F e l l .'38.
i! 1B0O......... G ro< «, 7 5 0 .2 8 3 ; n e t, 3 2 3 ,3 8 8
F .u ts w o e __ T h e fo lfo a im r sta te m e n t Of g r o s s a n d n e t e a rn in g s (th e
la tie r a fte r d e d u c tin g ta x e s) 1« g lv o n f o r a s crie s o f y e a rs p a st.
Y ea r.
(h im .
.Yet.
m .
$2,070,122
1 8 9 8 .........95,378,873 $ 2 ,2 6 1 ,2 2 4 ] 1 8 9 2 ........ $ 7 ,2 0 1 ,1 0 9
2,23-5,270 i 1 8 9 1 ......... 7 ,5 7 4 , 4 5 6
2,783,914
1 8 9 5 .......... 5 ,3 9 4 ,1 8 7
2,334,047
1 .8 9 1 .......... 5 ,0 1 6 .6 8 2
1,151.4 17 1 8 9 0 ........ 7 ,4 8 8 .0 3 0
2 .0 7 8 ,3 9 5 I 1 8 8 0 ........ 6 ,6 1 2 ,3 4 5
2,628,865
1 8 9 3 ......... 5.861.634
A ctu a l n e t in co m e , all s o u rce s , y e a r ctid in g H o c. 3 1 , 1 8 9 6 ..$ 2 ,2 6 1 ,2 2 4
T o ta l a n n u a l fixed ch a r g e s o f n ew c o m p a n y ................................ 1 ,8 5 3 ,2 7 0
O r n u k B S , Feb., 1 897,— P re s id e n t, S am uel C a rr: V ic e -P re s id e n t and
G en era l M a n a ger, W , II. B a n cro ft; S e cre ta ry a n d T re a s u re r, T . K .
C u m m in s, Jr.
DtRECTOtt*.—O liv e r A m e s . S am uel C arr. H en ry O . N loliols, B o s t o n ;
A le x a n d e r E . O re, F ra n cis 8. B a n g s, N ew Y o r k ; T h o m a s R. J o n e s , S alt
L ake C ity ; G o rd o n A b b o t t , B o sto n : C h a rles H . C oster, N ew Y o rk ; T.
J e ffe rso n C oolid gn . J r ., B o sto n ; G a rd in e r 5t. Lam*. B o sto n ; W a lte r G ,
Ofckman. N ew Y o r k : N ath an iel T h a y e r, B o sto n . W alter & G ly n n , N o w
Y o r k , E. R o llin s M orse. B o s to n , an d E d w a rd F . W h itn e y , B o sto n .
O r T O R — F in a n cia l Office, A m e s B u ild in g , B o sto n .
— t v . 0 3, p. 3 0, 110 , 3 5 8 . 5 1 5 . 5 6 0 , f’,02, 8 3 9 , 8 8 1 , 1010; V. C t, p. 4 2 , 8 4 ,
1 3 5 ,1 8 1 ,2 3 4 , 2 9 8 . 3 3 1 , 3 7 4 , 4 2 4 , O H , 664 ,

Y
ear.

Q
rote.

108

INVESTORS’

SUPPLEMENT.

[V ol . L X IV ,

S u b s c r i b e r * w i l l c o n f e r a great f a v o r b y g i v in g im m e d ia t e n o tic e o f a n y e r r o r d is c o v e r e d i n th e se T a b le * .
BoHcls—P rlneiINTEREST OR DIVIDEN DS.
RAILROADS.
Miles Date Size, or
----------- Ip a l, W h e n D u e ,
A m ount
Par
When
of
of
F or explanation o f colum n headings, A c., see notes
Outstanding R ate per| Payable W here Payable, and by| Stocks—Last
Cent.
Road. Bonds Yalue.
Whom. •
Dividend.
on first page o f tables.
Oswego <f Syracuse—Btoek, 9 p. 0. guar., D. L. & W.
Consolidated m ortgage (guar. D. L. & W .).............
Construction M., guar.pnn. & int.(for $1,000,000)
Owensboro 6 Nashville—1st m ortgage, gold .......... o*
Panam a—S lock ...............................................................
General M. for £800,000 sterling (See t e x t )....... c
Now m ortgage, $4,000,000, gold, sinking fu nd...
Subsidy bonds.,g., drawn at 100. See V. 04,p.705.o*
Paterson <i Mud.Riv.—Stk., 8 p.c. rent. N.Y.L.E.&W.
Paterson < Ram apo—S to ck ..........................................
£
Pecos Talteu—Receiver’ s certificates, $110,000.......
1st m ortgage, gold, $8.000,000............................ o>
Pemigewasset Tailey HR.—S tock.......... — .................
P e n n s y lv a n ia I t R .—Stock---------------------------------General niort. bonds, $1,000 and £2 00 each..c,ti
Currency registered bon ds..................i
Currency coupon bonds........................c
Sterling bond*.........................................t
« « Gold registered bon ds........................... r
<*>£ = Gold coupon bon ds.................................c
h ” = 2' Gold sink, fund, 1 p. c., not drawn, .c*
w
I Sterling (s.f. in l9 0 0 ) not d ra w n .o ’ .fer
o
Bonds (P. w . A B. stock as eollat.) not d ra w n ...r
Navy Yard m ort. (extended 20 years In 1 8 8 1 ).. .r
Collateral trust loan, g o ld , n ot dra w n ................ 0*
Equip. Tr. gold bonds (8. f. 5 p.c.) n ot draw n.... c*
Penn. Car Trust (in series payable 1, o yearly) —
Penn. Equip. Trust (In series p ayable Do yearly).
Penn. R olling Stock Trust (1-10 payable yearly).
Del. Ave. Market 1st m ortgage.............................r
Delaware A ve. B loodgood property......................r
Penn. R R .real estatepurehasem oneygold M.o*&r

35
35
35
88
48
48
48

1876
1883
1881
1867
1897
1880

13
....

164
568
568
568
568
568
568
568
568

....

$50
1,000
1,000
1,000
100
£200
1,000
50

....

1,000
100
50
1867 $ or £
1,000
1875
1,000
1875
1873-4
£200
1,000
1879
1,000
1879
1893
1,000
£200
1895
1,000
1881
5,000
1881
1883
1,000
1,000
1889
1884-8 1,000
’86-91 1,000
1,000
1892
1889
5,000
1892
1,000
1893
1,000
1893

$1,320,400
438,000
668,000
2,000,000
7,000,000
2,688,000
(!)
1,84U,000
630,000
298.000
110.000
2,340,000
533,700
129,303,150
19,997,820
1,961,000
2,757,000
22,762,020
3,498,000
1,500,000
3,000,000
4,850,000
7,702.000
1,000,000
9,900,000
2,728,000
> 4,107,000
300,000
200.000
2,000,000

9 per an JF .-A .,20
7
M. & S.
5
M. & N.
6 g. M. & N. v Y., 120 Broadway.
See text. Various N. Y., 29 Broadway.
7 g. IA.10&O. N. Y. Office & L ondon.
41
2g. .......
6 g. M. & If. N. Y ., 29 Broadway.
8 per an. J. & J. N. Y ., 44 E xchange PI.
8 per an. J. & J. N. Y .t 44 E xch an ge PI.
5 g. A. & O.
6
.......
See text. M. * N.
6
See text
6
IQ .-M ./J
6
J .& D .rj
6
J. & J.
5 g. Q .-M .
5 g. IM. & 8.
4 g. M. & N.
3ieg. J. & J.
4
J. & J.
5
J. & J.
41
2g. J. & D.
4 g. M. & 8.
C 5
Quar’ ly.
< 4
Q .- F .
(
4
1 Quar.
4310 M. & S.
4410 M. & S.
4 g. M. & N.

Feb. 2 0 , 189T
Mcli. 1, 1907
May, 1923
Nov. 1, 1931
Jan. 3, 1893
Oct. 10. 1897
1917
Nov. 1. 1910
Jan., ’97, 4%.
Jan., ’97, 4 %

A pr., *95, coup, last pd. A pr. 1, 1943
Philadelphia, Office.
Phila. Office & London.
Philadelphia, Office,
do
do
Phila. office and London
Philadelphia, Office,
do
do
N. Y ., Farm ’s L. & T. Co.
Lond., Joint-St’k Bk.Ltd
Phila., Pa.C o.for Ins. <fcc.
Phila.. Co.’s Office.
Phila.,Pro vid’tL. &T. Co.
Phila,, Gir’d Life &c. Co.
Phila. ,Pro vid’tL. &T. Co.
Phila. ,Tr. 8. D ep.& I. Co.
Phila,, Gir’d L ife &c. Co.
Philadelphia.
Philadelphia.
N. Y ., Farmers’ L. & Tr.

N ov.30,’96,21*
July 1, 1910
June 15,1905
June 15,1905
July 1, 1905
Sept. 1, 1919
Sept. 1, 1919
M ay I , 1943
July 1, 1945
July 1, 1921
Jan. 1, 1901
June 1, 1913
Sept. 1, 1914
1896 to 1898
1896 to 1901
1902
Mcli. 1, 1909
Sept. 1, 1912
M ay 1, 1923

O r e g o n S lio r t L i n e Ac U t a h N o r t h e r n K y . —F oreclosed in first m ortgage w ill cover the entire line from Peeos to W ashburn, 372
m iles, and its bonds to the ex ten t o f $2,790,000 w ill be issued, togeth
March, 1897, under the plan in V. 62, p. 504, 505.
er with the com m on stock, fo r the p urpose o f p rov id in g the funds fo r
H olders o f securities w ill about May 1 ,1 8 9 7 , r e ce iv e :
the new construction.
Paidr—
Ana receive new Securities—
v
Pending reorganization the road is in the hands o f E. O. F aulkner o f
Com.
Assess- Consol. Series A Series B
E ddy, N. M., as receiver, and $110,000 o f receiv ers’ certificates have
men t. 1st Al.os. In c’mes. Incomes. Slock
Holders o f old Secu rities.
$500
$500
......... $1,000 been authorized to pay the floating debt and to make som e im prove­
Utah So. gen. M. 7s, $1,000.. none
500
500
.........
1,000 m ent in bridges, etc. The R eorganization Com m ittee consists of
do. e x t’n 1st 7s, $1,000. none
none
500
500
.........
1,000 Chairman John 8. W ise, 4 4 Broad St., N. Y.; J. J. H ager man, William.
Or. S. L. & TJ. N. cons., $1,000.
R otch, Benjamin Graham, Charles A . Otis and D. M cCool. A m ajority
......... $1,000
Collateral Trust 5s, $1,000... none
o f the bonds have been deposited w ith the C entral T ru st Co. o f New
$12
$12
.........................
50
Stock, $100
Y ork.—See V. 62, p. 1088.
—V. 64, p. 755.
E arnings .—Year ending June 30, 1896, gross, $8 9,40 0; net, $4,760 ;
O s w e g o Ac S y r a c u s e .—Owns from Oswego, N. Y ., to Syracuse, N.
Y ., 35 miles. Leased in 1869 during length o f charter and renewal other incom e, $36,110; charges, $175,627; balance, deficit, $134,757.
thereof to the Delaware Lackawanna & W estern Railroad Company fo i In 1894-5, gross, $1 62,2 93; net, $40,193. In 1893-94, gross, $90,611;
net, $30,276. J. J. Hagerm an, President, Colorado Springs, Col.
9 per cent per year on $1,320,400 stock and interest on bonds.
- ( V . 59, p. 60 1; V. 62, p. 950, 1088.)
O w e n s b o r o Ac N a s l i v i l l e . —See S u pplem en t , May, 1894.
P e n n s y lv a n ia R R , - ( See Map) —L ine o f R o ad —The Pennsylvania
P a d u c a l i T e n n e s s e e Ac A l a b a m a . —R o a d .—Owns from P adu­ system embraces 8,874 miles o f m ain track, 1,698 m iles o f second track
cah, Ky., to ju nction with Tennessee M idland at L exington. Tenn., and 4,108 m iles o f sidings, including all east and west o f Pittsburg.
119 m iles, and Tennessee M idland R R . from Memphis, Tenn., to A t the close o f 1894 the m ileage operated east o f Pittsburg «fc Erie, on
w hich earnings as reported w ere based, was divided as follow s: Penn­
P erryville, 136 miles.
Sold in foreclosure in October, 1895, and purchased by the Louisville sylvania Division and branches, 1,602; Philadelphia & Erie Division,,
< Nashville, which in October. 1896, authorized its lease to the N. C. & 5 4 8 ; ; United Railroads o f N ew Jersey and branches, 5 2 1 ; total ope­
fc
rated, N ew Y ork to Pittsburg, w ith branches, 2,671.
St. L., which has operated the road since Jan. 1,1 896 .
As to redem ption o f bonds see Y. 63, p. 459.
O rganization , L eases , &c.—The charter o f the P ennsylvania R ail­
road was dated A pril 13, 1846. The Pennsylvania Company con trols
E arnings .—On Paducali road p roper fo r y ear ending June 3 0 ,1 8 9 5
all the lines w est o f Pittsburg and Erie, the Pennsylvania R ailroad
net, $67,519; charges, $133,646. Balance, deficit
f ross, $203,731; p. 750, 872, 1013, 1107; Y. 62, p. 1198; V. 63, p. 459.) Company holding all its stock. Control o f Cresson Clearfield Co. &
66.127. (V. 61,
N. Y . Short Route, Terre Haute & Indianapolis, Toledo P eoria & W.
P a n a m a R R . —R oad —Colon to Panama, 48 m. Com pleted Jan. and Cleveland & M arietta was obtained in 1893, thus adding 965 m iles
to the system.
28 ,185 5.
In Decem ber, 1895, an agreement was m ade w ith Pacific M ail S. 8.
S ecu rities
these to
to run three years, and cover jo in t traffic between N ew Yrork and $118,035,906, O w n e d .—The total cost o f to secureJanuary 1 , 1897, w as
m ost o f which are pledged
Pennsylvania issues,
Central Am erica, M exico and the U. S. P acific coast. V. 63, p. 76.
R evenue derived from these securities in 1895, $4,353,987.
Divid en ds .— 3 ’ 85
’ 86-7 ’ 88
’ 89 ’ 90 ’ 91
’ 92 ’ 93 5 None
Ca p it a l Sto c k .—Stock authorized b y law $151,700,000; the am oun t
Since ’ 84 p. ct. I 10
nil.
23
9
5
5
2
2 ( since
In A pril, 1897, was authorized a new m ortgage fo r $4,000,000, outstanding has been increased from tim e to time, chiefly by sale at
o f w hich $2,000,000 to refund the 7s due Oet. 10. 1897, balance par to stockholders, fo r new acquisitions, etc.
fo r other purposes. The plan form ed in 1892 to issue £2 02.0 00 o f the
D iv id e n ds { ’83 ’ 84 ’ 85 ’ 86 ’ 87 ’88 ’ 89 ’90 ’91 ’92 ’ 93 ’ 9 4 to N o v .’9 $
7s with the right to the holder to extend the same from 1897 at 5 per
per cent. c S 1 7 5
^
5 5*2 5 5 5*2 6
6 t5
5 yearly.
cent was never carried out and these bonds are now held by the com ­
pany. The new m ortgage w ill therefore be a first m ortgage on the
t A n d also 2 per cent in scrip.
property when it is issu ed .- See particulars in V. 64, p. 705.
B onds .—Interest on general m ortgage 6s o f 1867 is payable on coupon
B onds .—The subsidy bonds are secured b y an assignm ent and pledge bonds January 1 and Ju ly 1; on registered bonds, April 1 and October 1.
m ade by the U. S. o f Colom bia to the trustees o f $225,000 annually, o f
Tlie consolidatedm ortgage o f 1873 fo r $100,000,000 secures all the
the annual subsidy or rental tothat exten t payable to said governm ent consols equally, though issued at different dates; o f the am ount author­
by the com pany, and are drawn and paid off on N ovem ber 1 yearly with ized, a sufficient am ount is reserved to retire the general m ortgage of
any surplus o f the subsidy not needed for interest; sinking fund Jan. 1867. It covers all the property and franchises o f the company,
1, 1897. held $326,000 subsidy bonds, there having been paid off including its m ain line from Philadelphia to Pittsburg, and branches,
$107,000 on N ov. 1 ,1 8 9 6 .
being a total o f 568 m iles, partly four-tracked, together with real
A nnual R e p o r t .—Fiscal year ends Dec. 31. The report fo r 1896 in estate and equipment. It is also a lirst lien on the com pan y’s leasehold
interest in other railroad lines and canals, as w ell as on shares and
Ch ronicle , Y. 64, p. 705, showed earnings as fo llo w s ;
bonds o f other com panies o f an estimated cash value o f ov er $50,000,Gross
Net.
Net o f
Surplus,
000. These securities produced in 1892 an incom e o f ov er $2,600,000
Year.
Earnings. Earnings. Steamships. Charges. Incl. Other Inc. 8inking fund fo r consols Jan. 1 ,1 8 9 6 , held—Consols canceled, $1,771,1896.......$1,201,574 $819,176
$225,539 $846,392 sur. $545,685 980; other securities, $3,567,820.
1895....... 1,311,634
886,829 def. 333,759
884,934 sur
62,941
The 4 p e r cent loan o f 1881 is secured b y p ledge o f Philadelphia W il­
The charges above in 1896 in clu d e : Lighterage, $116,863; general m ington & B altim ore stock.
The collateral trust loan of 1883 is secured by the deposit o f m ortgage
expenses, $102,579; other expenses, $137,331; subsidy payment,
bonds o f subsidiary lines to the p ar value of $13,600,000.
$250,000; interest on sterling bonds, $239,619.
The guaranteed securities are bought with 1 per cent o f the net incom e
—(V. 59, p. 1008; V. 60, p. 523, 6 0 4 , 837, 874; V. 61, p. 4 7 0 . 569, 1013,
1108; V. 62, p. 594, 6 8 0 , 742, 1140; V. 63, p. 76, 7 0 2 ; Y. 64, p. 518, yearly, and $9,938,265 (par value)so purchased were held Jan. 1, 1896.
7 0 5 ,7 0 7 .)
G u aran teed B onds .—In addition to “ guaranteed rentals,’ the
P a te r s o n Ac H u d s o n R iv e r .—Owns from W eehawken, N. J., to P ennsylvania R R . is contingently liable under guaranties on certain o f
Paterson, N. J., 13 miles, double track. Leased in perpetuity at $48,400 the bonds o f the follow in g com panies, the nature o f the guaranty being
per year to Erie R R . (form erly New Y ork Lake Erie & Western), form ­ described in the separate statement fo r each com pan y—w hich see.
ing part o f its main line.
A llegheny Y alley Ry.
H arrisb’g Portsm outh R iver F ront RR.
M t. J o y & Lane. RR. Susquehanna Coal Co.
P a te r s o n Ac R a m a p o .—Owns from Paterson, N. J., to New York Amer. Steamship Co.
fc
Junction RR.
T renton & Delaware
State Line, 14 miles, double track, part o f m ain line o f Erie RR. (form ­ Balt. < P otom ac RR.
B elvidere & Del. RR.
Mt. H olly Lum berton
B ridge Co.
erly N. Y. L. E. & W.), to which it was leased Sept. 9, 1852, during
& M edford RR.
T y ro n e * Clearfield Ry.
legal existence, at $26,500.
8 Camden & B urlington
Conmany RR.
P enn sylv’ a Canal Co.
United N. Jersey RR.
Phila. G erm antow n * W est Chester RR.
P e c o s V a lle y R y .—In operation from Pecos City, T exas Chartiers Ry.
Chestnut H ill RR.
to Eddy, 89 m ile s; extension Eddy to Roswell, 74 m iles; total operated C onnecting Ry.
W est’n Pennsylv. RR.
in May, 1896, 164 miles. The irrigation system now com pleted will GirardPt. Storage Co. Philadel’a & E rie RR.
supply 250,000 acres with water and ffnally will supply 400,000 acres.
G en e r a l F inances .—M ortgages and ground rents payable were on
R eorganization .—In June, 1896, to provide fo r building an exten­ Jan. 1, 1897, $4,288,071. In Ju ly, 1895, $5,000,000 consol. 3^28 were
sion from Roswell, N. M., to a connection w ith the Arohison Topeka & sold fo r D elaw are R iver bridge, construction and betterm ents during
Saute Fe at Washburn, a distance o f 208 miles, reorganization was 1895. (See V. 61, p. 69.)
undertaken. The present m ortgage w ill be foreclosed. The new capi­
L ate st E arnings .—Jan. 1 to Feb. 28 (2 months) directly operated:
talization w ill be $3,162,000 first m ortgage 5s, $3,162,000 preferred
6 p 0. stock, non-cum ulative, and $3,162,000 com m on stock.
Lines east o f Pitts- > 1897, gross................. $9,241,905 ; net, $2,419,698
The old first m ortgage bonds, w ith October, 1895, and subsequent
burg & Erie.
3 1896, gross ................ 9,639,805; net, 2,166,898
coupons, will be given 120 p c. in the new preferred stock. The new Lines west o f P. & E ..G r o ss...................... dec. 55 8,70 0; net, inc. 25,600

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110

SUPPLEMENT.

[V ol. L X IY .

S u b scrib e rs w ill c o n fe r a g r e a t fa v o r by g iv in g Im m e d ia te n o tic e o f a n y e r r o r d is c o v e r e d In th e se T a b le s .
Bonds—Prinol
INTEREST OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal,When Due.
A m ount
Par
of
of
F or explanation o f colum n headings, Ac., see notes
Outstanding Rate per When Where Payable, and by Stocks—Last
Cent.
Whom.
Road. Bonds Value.
Payable
on first page o f tables.
Dividend.

Pennsylvania Company—Stock..............................
Bonds, sec. by P. Ft. W.& C. stock (s.f.dr’n at 100).r
Bouds, gold, sec. by pl’ge A guar, (not dr’n)..c*&r
Car trusts.............................................. ......................
Pennsylvania < Northwestern—8took, $2,500,000..
£
B ella Gap Extension 1st m ortg a g e .................... o*
Consol, mort. (for $550,000) s. fund n o t d r ’n.o"
Cleartleld A Jefferson 1st m ortgage.................... o*
General m ortgage for $2,500,000........................o*
Car trusts, $74*000 due yearly...............................
P eoria rf Bureau Val —Stk., 8 p. c. rent’l C. R.I.AP.
Peo. Decatur < Bvansv.—Receiver’ s certificate........
&
Stock authorized, $9,900,000..................................
1st M. (Peoria Div.), gold ...................................... o,
1st m. (Evansv.Div., M attoon to Evansville,) g.c*
Second m ortgage, g o l d ...........................................o*
Chicago A Ohio R iver Div. 1st m ort. (see t e x t.)..
Incom e m ortgage, $750,000..................................
Peoria ct Eastern—8took.................................................
Ind. Bloom. A West. 1st M., p re f., int. g u a r...cA r
Ohio Indiana A West. 1st M., pref., gold, int. gu .oP. A E. consol. M. $10,000,000, interest g u a r..o ’
2d consol, m ortgage,incom e, nou-cumulative. ..c
Peoria & Pekin Union—1st m ortgage, gold .............c
2d mortgage, g old ...................................................... o

$50 $21,000,000
Pittsburg, Co.’s Office,
1,000
6
228,000
Q .- J . Phila., Tr. B. D. & I. Co,
4 log. J. & J. N. Y ., Nat’l City Bank.
1,000
19,467,000
1,490,842
4
Various
‘ ” 50
2.250.000
J. & J. Phila., Gu.Tr. & S. D.Co,
1,000
81,000
6
F. & A. Phila., 26 So. 15t,h 8t.
500 Ac.
145.000
6
A. & O. Phila., Gu.Tr. & S. D.Co.
500 Ac.
1.000,000
J. & J.
do
do
6
1,000
5
1.021.000
J. & J. Phila., Gu.Tr.& S. D. Co.
297.000
5
100
1.500.000 8 per an. F. & A. N.Y. ,Ch.R.I. & Pac. RR.
13,018
6
100
8,838,800
1,000
1.287.000
g 8 - J. & J. Ju ly,’96, pd. Deo. 24,’96
1,000
1.470.000
M. & S.
g g‘ M. & N. Sept.,'96, pd.Feb.10,’97
1,000
2.055.000
N or., ’ 93, coup, last pd.
500 Ac.
250.000
I g- M. & N.
See text.
6
618,300
100 10,000,000
100 Ac.
1 , 000,000
7
J. & J. N. Y ., J.P. M organ < Co.
fe
500 Ac.
500.000
do
do
Q .- J .
1,000
4 8 ’ A. & O.
8.103.000
do
do
1,000
4,000,000
N. Y ., w hen earned.
4
A pril 1
1,000
1.495.000
Q.—F. N. Y., Central Trust Co.
6 g.
1,000
1.499.000
do
do
4"ag. M. & N.

1877
1881
62
24
24
38
62

1875
1883
1886
1890

*47

1895

108
128
244
77
77

1880
1880
1886
1886
1886

202
342

1879
1888
1890
1890
1881
1881

20
20

A nnual R eport .—Fiscal year ends Deo. 31. Annual m eeting is held
at Philadelphia on seoond Tuesday in March. The report tor 1896 w as
given at length in V. 64, p. 465, 4 7 0 ; see also editorial p. 448.
B A K N ISO S O S A I.L LINES B O T H E A ST AN D W E S T O F P IT T SBU RG A N D E R IE .

The figures for 1896 and 1895 are as follow s :
Year ending Dec. 31—
1896.
Gross earnings..........................................$123,634,120
Operating expenses................................. 88,329,329

1895.
$130,319,354
90,893,610

N et earnings....................................... $35,304,791
$39,425,74 3
The Income account has been as follow s, tbe “ net in co m e ” given in
the first line being the am ount o f incom e after deducting interest paid.
INCOM E ACC OU N T O F P E N N SY L V A N IA R A IL R O A D CO M P AN Y.

Year ending Dec. 31—
N etinoom eP eun.R R . D iv’n
Net gain on N. J. D ivision.
Gain on Phila. & Erie D iv.

1896.
$8,898,589
439,424
53,108

1895.
$9,778,233
727,694
24,505

1894.
$8,779,258
679,461
11,400

Balance o f incom e.........
Payments—To trust fu n d ..
Consol.mortgage redeemed.
Allegh. V a 1 RR. Co.—Defio’ y
.
Extraordinary expenses___

$9,391,121
73,048
324,780
244,570
1,516,899

$10,530,432
87,217
324,780
156,715
1,327,250

$9,470,120
74,340
324,780
325,980
1,385,272

Balance to credit o f incom e

$2,159,297
7,231,324
(5) 6,465,123

$1,895,962
8,634,470
(5) 6,465,011

$2,110,372
7,359,748
(5) 6,464,647

To credit o f profit and loss.
$766,701
$2,169,459
$895,099
Bal. profit and loss Deo. 3 1 . $24,152,323 $23,553,470 $23,155,632
O fficers (Feb., 1897.)—President, Frank Thomson; 1st V. P „ John
P. Green. 2d V. p ., Charles E. Pugh; 3d V. P., S. M. P revost, Secre­
tary, John C. Sims; Treasurer, R obert W. Smith.
—(V. 63, p. 153, 516, 752,1011; V. 64, p. 252,288, 331,448, 4 6 5 , 4 7 0 .)
P e n n s y lv a n ia C o m p a n y .—<See Map Pennsi/lvania R R .)—This
com pany owus no road iu fee but has charge o f ail the system o f the
P ennsylvania R ailroad Co. west o f Pittsburg, its lines includ ing:
L E A S E D B Y T R A N S F E R F R O M P A .R R .

C O N T R O L L E D B Y S T O C K O W N E R S H IP .

Pitts. Ft. W. & Ch. R y.,eto.— Miles.
Miles.
Pitts, to Ch., via Ft. W., e tc. 11508 Cin. < Muskingum Val. R y .. 1 148
fe
)
Erie & Pittsburg RR., etc . . . 1199 Cleveland & M arietta R y.___ 1T97
Cleveland & Pitts, R R .,e tc.-. 1;217 Terre H aute & Indianapolis.. 1180
L E A S E D D IR E C T L Y B Y P A . CO.
Lines leased to T. H. & I . . . 515
Pitts. YouBgs. & A shtabula). 11125 Cin. Rich. & F ort W ayne | . .
|
86
Toledo Wald. Val. & OhioRR_ 11126 W aynesburg & Washing. RR.
28
Total operated d irectly___1,075
C O N T R O L L E D B Y S T O C K O W N E R SH IP .

Pitts. Cin. Chic. St. Louis Pittsburg to Cinciu., e t c ..1(1,341
Indianap. & V incennes R R. H133
T otal all lines—. . . ........................

C O N T R O L L E D J O IN T L Y
O T H E R COS.

W IT H

Pitts. Chartiers & Yough. Ry.
17
Tol. Peoria & Western R R ... H231
T rackage................................... 131
.3 ,8 8 2

i A lso controlled by stock ownership. H See statement for this co.
I Operated by Grand R apids & Indiana.
I
Org anization —Chartered iu Pennsylvania A pril 7 ,1 8 7 0 , and ope
ates all the Pennsylvania’s leased lines w est o f Pittsburg. Its stoi
) b owned by the Pennsylvania Railroad. On Decem ber 31, 1895 tl
Company ow ned sundry bonds having a par value 1
$11,999,500, and stocks o f par value o f $58,620,768, these stooks ai
bonds representing on the com pany’s books a value o f $39,196.01
tyU'dii nr' from Jan. I to Dec. 31, 1895, an incom e o f $1,401 46i
O f these securities part are pledged, as said below.
D ivid en ds .—In 1883, 4 p er ce n t; then none till 1892, when 4 pi
eent was paid in Maroh; in 1893, March, 4 p. c.; in 1894, June, 4 p c
B onds .—Siz p. c. bonds are seoured by $4,000,000 o f Pitts ourg Fo:
W ayne & Chicago special stook. I f not offered under sinking fur
provisions at lO o they are drawn at 100. The gold bonds o f 19i
are secured by a deposit in trust o f the leases o f the JPittsb. Fort W avi
& Cbic., the1Cleve. A Pittsb. and Erie & Pittsb. railroads, and o f bom
and stocks having a par value April 1 ,1 8 8 1 , o f $24,171,630. as wt
as b y lien on eertain real estate. They are also guarantee
as to principal and interest by tbe Pennsylvania Railroad Cor
gany, and are so endorsed; the trustees o f the m ortgage are W I
Barnes, John P. Green and Henry D. Welsh. In 1892 and 1893 the eor
pany guaranteed certain Pittsburg Cincinnati Cliieago & 8t.Louis bODd
A n n ual R epo rt .—R eport for 1895 was in V . 63, p. 73. The tot
controlled by this com pany Deo. 31 ,189 5, wi
?“'57irO
I’crai ,:d, directly by Pennsylvania Co. 1,225 miles, includii
«oo0i« u y ' In
« roas ° u 1.225 miles, $20,888,96
net, $8,302,629, oharges, $7,355,594; balance, surplus for year, $947
035. In 1894 gross, $17,904,422; net, $6,380,134.
c ’vooa ’ eeccu^ffibas s h o w n after paym ent o f all obligatory chargei
.P
1890, net profit, $1,081,958; in 1891 net profit
,
1892 profit, $1,229,974; in 1893. profit, $L050*476; in 1894 los
$687,176; in 1895 profit. $947,034. (V. 63. p. 7 3 , 702; V. 64, p. j ;j .)

June 1, 1894
July 5, 1907
July 1, 1921
Various dates.
Jan. 10, 1895
Aug. 1, 1905
A pr. 1, 1913
Jan. 1, 1927
Jan. 1. 1930
Mar., "98 t o ’03
Feb., ’ 97, 4%
(’ 97 or before)
Jan. 1, 1920
Sept. 1, 1920
Nov. 1, 1920
1916
1916
Jan.
Apr.
Apr.
Apr.
Feb.
Feb.

1,
1,
1,
1,
1,
1,

1900
1938
1940
1990
1921
1921

P e n n s y lv a n ia Sc N o r th w e s te r n R R . —Owns B ellw ood, Pa., to
Horatio, 62 m iles; total, including branches, 75 m iles. A consolidation
Jan. 1,1 890 , of the Bells Gap and Clearfield & Jefferson roads.
D iv id e n ds .—I n 1890, 5 p. c.; in ’ 91, 5 ; in ’92, 5 ^ ; in ’93, 6 p. c.; in
1894, Jan., 2 p. c.; in July n o n e ; in 1895, 2 p. c.; in 1896, none.
B onds .—G eneral 5s are held to retire prior issues when due.
E arnings .—Y ear ending Dec. 31, ’96, gross, $482,113; net, $142,799;
interest, taxes, etc., $138,603; balance, surplus, fo r year, $4,196. In
1895 gross, $624,814; net, $190,681. (V. 59, p. 1008.)
P e n n . P ougrlik. Sc B o s t o n .—See L e h i g h & N e w E n g l a n d RR.
P e o r ia D e c a tu r & E v a n s v ille B y .—Owns from Pekin to E vans­
ville, 227 m iles; branch, 6 miles; Chicago & Ohio R iver D ivision, Sidell
to West L iberty, 78 miles (laid m ostly with iron rails); total owned,
311 mil es; join t track to H ervey City, 7 m iles; leases, Pekin, 111., to
Peoria, I1L, 10 miles; through Decatur 3 miles; total, 331 miles.
H is to r y .—Company owns $250,000 P eoria & P ekin U nion stock The P. D. & E. owns $220,000 o f the $250,000 Chicago & Ohio R. firsts
outstanding, as in table above, and has issued as collateral an order
fo r $100,000 additional Chicago & Ohio R. firsts unissued.
R e c e iv e r sh ip , E tc .—On January 13, 1894, placed in receivers’
hands. The receiver is n ow E. O. Hopkins.
D ecree o f sale under 2d m ortgage granted M arch 3 1 ,1 8 9 7 ; sale m ay
take p lace in about ten weeks from that date.—V. 64, p. 664.
C oupon P aym ents .—See table fo r the date o f last coupon paid.
C entral Trust Co., N. Y ., when authorized, pays coupons o f P. D. «fe E.
Committees .—First m ortgage bondholders’ com m ittee (both divisions)
consists o f Walston H. Brown, Chairman, 40 W ail St.; Wm. A ugustus
White, 130 W ater St.; E. H. Ladd, Jr., M orton S. Paton, Charles A . Pea­
body, Jr. D epositary, A tlantic Trust Co., N. Y. V. 58, p. 514.
Second M ortgage Bondholders' Com m ittee.-'M oses L. Scudder,
Chairm an; Charles S. Fairchild, Jenkins Van Schaick, R. Suydarn
G iant, W. H. P ayn e; depositary, N. Y. Security & Trust Co., N. Y. See
V. 60, p. 930, L106. P ra ctically all the seconds had been deposited.
D ecree o f foreclosure of 2d m ort. was granted in M arch, 1897.
F loating D ebt .—On Dec. 31, 1895, total current liabilities w ere
$1,648,156, including bills payable $935,371 (of w hich $473,000 w ere
notes payable to Evansville & T. H. R R .); current assets, $ 1 95,9 15;
accrued interest (1st and 2d m ortgages), $249,145, etc. V. 60, p. 604.
E arnings .—For calendar year 1896 gross incom e was $879,055
against $927,333 in 1895.
R eceivers ’ R epo r t .—R ep ort fo r year ending Dec. 31, 1895, was
given in V. 62, p. 681. Interest on 2d m ortgage (which was n ot paid)
n ot included fo r 1895 and 1894 below.
Cross.
Net.
Interest. Jlent.,<£c. Balance.
18 95...................$911,776 $244,141
$170,897 $30,141 sur.$43,103
1894................... 860,998 161,220
173,430
30,854 def. 43,064
1893 ................. 922,181 346,629
313,885
37,790 def. 5,046
To surplus fo r 1895 should be added $15,000 from dividend on P. &
P. U. stock, m aking total surplus $58,103.
President, Wm. E. Strong, 30 Broad St., N ew Y ork.—(V. 63, p . 358;
V. 64, p , 42, 235, 288, 470, 518, 664.)
P e o ria Sc E a ste r n B y , —(See Map Clev. Cin. Chic. & St. L ouis.)—
Owns from Pekin, 111., to Indianapolis, Ind., 202 m iles, and has a lien
o f $5,000)000 on Springfield Division, Indianapolis to Springfield,
Ohio, 141 miles; trackage, Pekin to P eoria, 9; total operated, 352 miles.
L e a s e , E tc .—Form erly Ohio Indiana & Western, sold in foreclosure
In 1890, reorganized per V. 49, p. 616, and leased till Apr. 1, 1940. to
Cleveland Cincinnati Ch. & St. L., w hich guarantees interest, out
not principal, of the first consols and the underlying bonds, and owns
one-half the $10,000,000 stock, par $100. See S u p p l e m e n t o f Jan.,
1894, as to provisions respecting any surplus over charges.
B onds .—T he consolidated m ortgage o f 1890 covers, besides the road
owned, the $5,000,000 purchase m oney lien on the Springfield Division;
$1,500,000 are reserved to retire the prior liens and a sinking fund for
this purpose held $ LOO,000 on June 30, 1895 ; C. C. C. & <-t. L. is en­
dorser on $367,567 P. & E. notes and June 30, 1895, held $397,000
consols as security therefor—these in addition to the $8,103,000.
See abstracts o f m ortgages o f 1890 in V. 51, p. 246 and o f O. Ind. &
Western m ortgage, V. 47, p. 201. D ue lessee Ju ly 1 ,1 8 9 5 , $893,563.
E arnings .—8 months, > 1896-7___Gross, $1,096,033 ; net, $251,725
July 1 to Feb. 28.
S 1895 6 . . . . Gross, 1,326,446; net, 339,788
D eficit under charges, 8 m os.. $42,688 in 1896-7, against surplus of
$45,375 in 1895-6.
A nnual R e p o r t .—F iscal year ends June 30. R ep ort fo r 1895-96
was in V. 63, p. 556—see also lesse’ s report p. 561.
Year.
Cross.
Net.
Interest, etc.
Balance.
1895-6....................... $1,902,235
$457,900
$441,620 sur.$16,280
1894-5....................... 1,811,740
463,938
441,620 sur. 22,318
1893-4....................... 1,609,806
177,190
441,620 def.264,430
—V. 61, p. j 6 7 , j 6 S; V. 63, p. 5 5 6 .
P e o r ia Sc P e k in U n io n B y . —Owns Pekin to Peoria, 10 miles
o d each side o f Illinois R iv er; total operated 20 m iles; also owns
41 miles o f sidings. The road is a unioD road, and the stock of
$1,000,000 was taken by the different Peoria RR. companies, and they
pay a rental and also term inal charges. See V. 36, p, 253. In 1895

BAILROAD

A p r il . 1-897.]

STOCKS

AND

BONDS.

Ill

s u b s c r ib e r * w i l l c o n fe r a g re a t fa v o r b y g iv in g im m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e d I n th e s e T a b le s .
RAILROADS.

M iles D a te Size, o r
A m ount
of
of
Par
R oad , B on d s V a lu e . O u tsta n d in g Ra^

on first p a g e o f tab les.

P e o r ia d St. L o u is —1st M . g o ld , $ 2 0 ,0 0 0 p. a
P er x .o m en —1 st M ,, *er. I l i s t t'ui g o ld , g o . p.
1st >1., ser, 2 (2 d I’ n> v o id , g u a r. p . A; i. (e n d .).. o ’
I'tU rhnr m gh A ./;.-S t o c k (ren ta l 4 p e r c e n t ) . . .

38
38

....

59
59
59
59
59
73

1 89 6
1888
1888

$ 10 0
100 A c.
1 ,000

....

100
100
500 A c.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
....
500
500
287
50
287
50
40
1857
1 .0 0 0
287
1869
1 ,0 0 0
297
1 869
1-000
1892
P h i la . if P ru n k-r-rrtl—1st m ort., $ 50 0 ,0 0 0 , g o l d .. .0* ! . . .
1 ,0 0 0
P h ila . Germ. d Chestnut BU I— 1st M,, gu. b y P a . B y .r
7
1 883
1 ,0 0 0
1 ,0 0 0
...
C on solid a ted m o rtg a g e , g o l d . . . ......................— 0*
139-1
PhUa. Germ, d N orris? n —S tock ren ta l., P. S R . B y .
t.
29
....
50
44
1890
22 1 8 9 2
1 ,0 0 0
Phil . Neictmen d ,V. Y. -1 s t M .,gold ,g u a r. o ld P .A R .o '
P h ila d e lp h ia & Be
o a FA ST.

Fetorstmrp—S tock................................................... -

G o a r. p ref. s to c k , 3 p e r c e n t, lien p r io r t o tnoj
1st m o d /p a y a b le $ 2 5 ,0 0 0 , d u e y e a rly J a n . 1J
M ort. b on d s, el. A , $ 2 5 ,0 0 0 , g ., reserv ed f o r 1st M.
M o r tc <e b o n d s, cla s s B , g o l d ................. ....................
Phd. d Butt. C ent. —1st M. $2,500,000,$ 1,200,000 4
PhU a. if- Chets. T al.— U t M , p f., in t. red . m * 9 6 .g .c '
1st m o rtg a g e, n o t p r e f., int. re d u c e d in ’ 9 6 , g ..C ’
PhUa. d E rie— C om m on s to c k ($ 1 0 ,0 0 0 ,0 0 0 a uthor.)
P re fe r re d s to c k . 7 p e r ce n t, s p ecli
•esa
S an . * E. 1st M.. /e x t. In 18771 . .

1

1 869
1881
1 881
1 881
1 88 8
1 838

1,000

paid d iv id e n d o f 6 p . e , : la 1 3 9 5 -6 p a id 6 p . e On J u ly 1, 1896, th ere
w ere b ills p a y a b le * 2 0 ,0 0 0 ; b e tte rm e n t a c c o u n t (d eb it) $ 3 9 4 ,6 5 0 .
E arning* f o r y e a r e n d in g J a n e 3 0 ,1 3 9 6 . g r o s s . $ 6 7 1 ,9 3 t i n et, 8 3 0 5 ,2 9 0 ; eh vrge*. $ 2 7 1 ,3 4 2 : d iv id e n d * .* 6 0 .0 0 0 ; b a l a n c e ,d e d c l t .$ 2 9 ,5 5 2 .
In 1804 5, gross, $ 6 0 4 ,5 5 3 ; net, * 2 8 1 ,8 2 4 . P resid en t, C. 11. B o a w o rto .

—V. 60, p. 5 2 1 .
I ’ .- ./r l u Sc S t . b o u t * I k y .— U n d er c o n s t r u c tio n fr o m S prin gfleld
t o P eoria . 5 0 mite*. In c o r p o r a te d J u ly 2 4 . 1896. F irs t m o rtg a g e Is
fo r $ ,
,
, b ea d s to be Issu ed a t n o t e x c e e d in g * 2 0 ,0 0 0 p e r m ile.
S e e V, 6 4 . p. 7 5 5 . M o r tg a g e w a s te /:, R o b e r t M a d a y . R e g istra r K n ic k ­
e rb o ck e r T nist Co., N. Y.; President, L. H- Thom as, o f Thom asvllle, 111.
—V. (S3, p, 5 0 0 ; V . 6 4, p. 73J .
P e r k l e / n s a . ^ O v a t fro m Perkizxnwn J u n c tio n . P a . t o R tnaas J u n o
tion . P a . 3 9 m iles. S to c k s n b s c r ip tlo a . $ 3 3 ,0 1 0 . S eucgituize/I In 1 3 3 7
T h ere Is d o e Pb.it A R e e d . E y . o n loa n a c c o u n t a b o u t * 1 .0 0 0 .0 0 0 .
I n y e a r end. d o n e SO, 1895, gross ea rn in g s w o r e * 2 9 5 .9 3 5 ; net, $ 1 1 6 ,8 5 4 ; o th e r In com e. $ 4 5 3 ; Interest, $ 9 6 ,2 1 0 ; b a la n o e e a rp tils , * 2 1 ,4 8 2 .
I n 1993-91. g r o ss , * 2 9 0 ,7 7 7 : n e t, $ 1 0 0 ,2 5 3 ,
P e t e r b o r o u g h U K . — W ilton t o G reentteld . ft. H ., 10=2 m ile*.
L ea sed A p r il 1 ,1 3 9 3 , t o B oston A L o w e ll f o r 9 3 y e a r s a t 4 p. e. on
s to ck a >tdexpen se*. C a p ita l s to c k * 3 8 8 .0 0 0 .
P e t e r s b u r g H R . —O w n s P etersb u rg , Y a., to U u ry sb u rg , N. C-, 5 9
mute#, ren ts G a ry si.u rg to W eldon (S eab oa rd St R o a n o k e ), 2 m iles ; to ta l,
81.
R eorga n ized in 1 37 7 w ith o u t fo re clo s u re .
P re fe r re d s to c k Is
gaaram to a 8 p e r Dealt y e a r ly , th en c o m m o n r e e n lv e s S p e r c e n t , th en
b oth s to c k s share p r o ra ta. D iv id en d o n e a ch s to c k In 1 9 9 2 .6 p e r c e n t ;
in 1 8 8 3 ,0 p.
to 1491, St* p. c .; In '9 5 , 8 p . c . ; In 1896, J a n ., 3«* p. e.;
J u ly, 3 t* p .
In 1 89 7 , J a n ., 3 % p , c.
Salt.Vf.S08.—$ m on th s, i 1 8 9 6 -9 7 ......... g r o s s , $ 3 3 1 ,9 7 3 ; n et, $ 1 4 0 .113
J u ly 1 t o F eb . 28.
> 1 8 8 5 -8 *. . .. .g r o s s , 3 7 8 ,3 7 2 ; net, 163,052
Av.Hdat. R g r u o r .— R e p o r t (o r r e a r e n d in g J u z /o.'io, 1 39 6 , to v . 6 3 , p.
5 5 5 , s h o w e d g r o * - • * .u i i u ‘ . r - i s . 7 6 . n et.
•
1 1,52/1; o th e r Incom e,
$1,61-4: in terest ch a rg e s , $ 1 4 ,4 9 9 ; di vKlcn-tv, $ 8 9 ,9 /) . b a la n c e , stir*
pins, # 0 , 4 4 ) .
( a 1 8 9 1 3 5 . gr.*»«. $ 3 1 2 ,9 4 6 ; n e t, $ 1 3 7 ,4 3 0 . (V . SO,
p. 1 0 5 6 ; V. 8 1 . p , 1 0 8 3 ; V. 0 3 . p . * 5 5 .1
P h i l a d e l p h i a Sc f l s l t l t a o r r C e n t r a l . — W est P h ila d elp h ia to
Octor-aro J e ., M/t... 6.1 m iles, A a w n t o W e rt C heater, l % . , 0 m. (d o u b le
tra ck , 12 Ui.d b ra o e h , 1 m .; teased , C h ester C reek H R ., 7 m. Phila. W)4*
m ln gton Sc B a ltim ore R a ilroa d h old s * 2 .4 8 7 ,1 0 0 o f th e $ 2 ,4 9 9 ,2 8 6
s to c k , an d road ts a p a rt o f P e n n sy lv a n ia s y s tem . F isca l y e a r en d s
O ct. 3 1 . F o r 1 8 9 7 9 6 , gross e a rn in g s, $ 8 6 8 ,8 2 1 ; not,-* 7 3 ,4 3 6 in terest
o n /lei»> »lt».«tc..* 2 2 .7 12; d e f, n a iler c h a r g e s .$ 6 9 ,0 5 0 . In 1 4 9 1 -5 .gross
* 0 0 9 4 8 3 ; net, $ 1 5 0 ,7 4 9 . in 1 49 3 -9 4 gn> ss, $ 0 5 3 ,6 9 3 ; n et, $ 2 5 0 ,4 0 7 (
P h i l a d e l p h i a A C h e a t e r V a l l e y H i t . —R oa d from B rid g e p o rt
id D o w n la g to a , P A , 2 2 m iles. C h a rtered m 1 44 4 . C ap ita l s tock /p a r
$ ’/< !s, eo.u /*•>/), 3 *V )./)’>->; p re fe rre d , ♦ 2 0 1 ,1 0 f); t o ta l, * 7 V>,IO0. o f
).>
w hleh R cjld litc C om p a n y o w n - 4 0 0 . 0 0 0 eo/n m on a n il 3 2 0 3 ,1 0 0 pre(erred , th e sam e b e in g d ep o site d u n d er its gen era l m o rtg a g e o f 1697.
A 1 p e r c e n t.r e d u c tio n <d In terest o n e a ch d a s * o f b o n d s w a s a g re e d
W In D eeem her, )6 9 6 , b y 9 6 jw r c e n t l a iB tew w t Of th e tw/inlhoiders.
>
See V. 6 3, p. 4 0 6 4 , T h e R e a d in g " C o m p a n y ’ g u a ra n tee* b y endoree*
taen t p r in c ip a l a n d in terest o f th e b o n d s, w it h in t e re s t red u ced .
E u i s i s ./S ,—F or y e a r e n d in g J u n o • > 1 49 6 , g r o s s , $ 5 3 ,0 9 2 ; net.
<.
* i2 ,«2 ffc ch w g - s . $ 14, M I ; l .a l „ d e f ..$ 5 ,8 2 4 . In 1491 5 .g r o s - . 3 17,007;
s e t, * 2 ,2 3 6 ; ch arges. $ 2 1 .0 4 1 ; b a la n c e . deflett, S 18.75S. In 1893*1,
gross, $ 4 0 .6 4 3 ; d e ficit u n d er o p e ra tin g , $ 6 ,3 1 7 .— 'V . 6 3 , p . 1064

1 100000

1

$2

1

1

P h i l a d e l p h i a A K r l e .—(See Hap Penneylenniti RR,) —Ro a d —
Owns Sunbnry to E rie, P en n ., 2 8 7 mile*—double track, 78 miles.
O a o s v ix s T t o v , L e s s * . A c . —F orm erly 8 a n b u ry St E rie. L eased to
P enn sylvania R R . Co, f o r 9 9 9 yea rs, an d a ctu a l n e t r e c e ip ts p aid a*
rental. P e n n sy lv a n ia R E - ow n ed D ec. 3 1 . 1 89 3 , $ 1 ,5 0 1 ,8 0 0 c o m m a s
and $ 2 ,4 0 0 ,0 0 0 s p e c ia l s to c k and $ 3 ,9 4 6 ,0 0 0 g en era l m ortg a g e bonds,
a n d e tty o f P h ila d elp h ia (sin k in g fa m li $ 2 ,2 5 0 ,0 0 0 co m m o n stock.
p i r i t H r i x —O b ea -a m on m 1 4 9 2 . M a r - 2 p . e.; 1 8 9 4 , M a rob , 2 p .e .
* U » W M . - S m on th s, J 1 * 9 7 ........... G r o s s , $ 5 3 5 ,4 2 9 ; n e t, $ 1 0 8 ,0 5 3
6 9 .7 0 5
J a n . 1 t o Feb. 2 8 .
5 1 8 8 6 ____ ..G r o s s , 5 3 5 .7 7 7 . n et,
A W C a l RBPOKT.—R e p o r t fo r I 4 8 6 w a s g iv e n in V. 6 4 , p . 3 2 6 , 3 7 1 .
Tear end D « 31 —
1896.
1895,
1894.
1893.
® ro»a e a rn in g s ......... ........ $ 4,5 1 2 ,5 1 1 $ 4 ,3 7 8 ,5 7 4 $ 3 ,9 0 5 ,1 9 6 $ 5 ,1 0 4 ,8 7 9
T otal net In com e.............. $ 1 ,2 3 1 ,9 9 6 $ 1 ,1 8 1 ,8 4 0 $ 1 ,0 2 0 ,4 1 1 $ 1 ,5 4 6 ,7 8 3
in terest on d e b t , ,............. $ 1 ,0 4 7 ,4 7 0 * 1 ,0 4 7 ,4 7 0 $ 1 ,0 4 7 ,4 7 0 * 1 .0 4 2 ,4 7 0
in te re st on sp ecia l s to c k .
..........................................................
1 8 8 ,0 0 0
in terest o a «<; otp/nf t, A c
1 7 6 .9 6 2
139343
1 1 8 ,1 2 4
128 ,82 7
B a la n ce ............................... *u r.8 7 ,5 0 4 s r .* 4 ,5 2 7 d f ,$ l l 5 . 1 8 3 sr.$ 2 0 7 ,1 3 6
- I V . 82, p. 3 1 8 ; v . 6 4, p, 3 2 8 , 3 7 1 .)
P h i l a d e l p h i a & F r a n k f . r d H i t . —O w n s fro m C m scen tvH Ir to
F ra n k fo r t, Pa., 2*6 m iles, L ea se n o t a ssu m ed by Phlltt. A R ea d in g B y .
O f the 8 5 0 0 .0 0 0 s to c k $ 1 9 8 3 5 0 is o w n e d b y R ea d in g C o in p a n y anzl
deposited u n d er its m ortg a g e o f 1896. M ortg a g e tru stee is n o a r a a ta e
Trust A S afe D ep osit G o., P l.llaa d elp b la .
P h i l a d e l p h i a G e r m a n t o w n Sc C h e s t n u t m i l . — In Phlladel*
SS?
G e rn ia a tow a J a n rtla n . on G on n eotin g R a ilw a y , to Choatnnt
H ill, 7 miles; b ra n ch w , 7 m iles
From M ay 1 .1 8 8 3 , leased fo r 3 0 years
t o th e P enn sylvania R a ilroa d C o., w h ic h gu aran tees p rin cip a l an d

IN T E R E S T O R D IV ID E N D S .
r

W hen W liere P a y a b le , a n d b y
P a ya b le
W hom .

5 g. F . & A. N. Y ., K u ic k e rb o o k . Tr.
$ 7 9 9 ,6 0 0
5 g.
Q . - J . P b ila ., F a . Co. Ins. o n L.
do
do
1 ,1 2 5 ,0 0 0
5 g.
Q-—J.
3 8 5 ,0 0 0
4
A. & 0.
N a sh u a, N. H.
R ich m o n d .
9 6 0 ,8 0 0 See te x t. J. A J.
3 2 3 ,5 0 0 S ee te x t. J. & J.
do
J. Sc J. R ich m ’ d an d P e te rs b ’g.
2 5 ,0 0 0
8
do
do
8 9 3 ,0 0 0
5 g. J. * J.
do
do
8 0 0 ,0 0 0
6 g. A. & O.
2 .2 0 0 ,0 0 0 4=2 & a M. & N, PhU a., P en n . S R , Co.
P h ila d elp h ia ,
2 8 0 ,5 0 0 4 ( 5 ) g. A. & 0 .
do
do
1 0 0 ,00 0 3 (4) g. A. & 0 .
.
P h ila ., B ro a d St. S tat’n.
7 ,9 8 5 ,0 0 0
2 ,4 0 0 ,0 0 0
Y e a r ly . P h ila ., B ro a d St. S tat’ n.
a . & a
7
do
do
9 7 6 ,0 0 0
do
and L on d on .
8 ,6 8 0 .0 0 0
6 g. j . & j .
1 0 ,1 4 3 ,0 0 0 4 g . * 5 g . A. A O. PhU a.. B ro a d St. Stat-’ n.
4 9 7 .0 0 0
5 R. F . & A .
M. St N. P h ila ..B ro a d Sr. S ta t’ n.
1 ,0 0 0 ,0 0 0
4%
4=ag. M. & N.
do
do
2 6 3 .0 0 0
12
Q .-M .
P hila., 132 So. 3 d S t
2 ,2 4 6 ,9 0 0
5 0 0 ,0 0 0
5 g. A * 0 1 5 P h ila ., C om p ’ y ’ s office.
1 ,4 0 8 ,0 0 0
5 g. A . A 0 . P hil.. P h il. & R ead . R R .

B onds—P rln o i
p a l,W h en D u e
Slocks— L a st
D iv id e n d ,

A u g . 1, 1 9 3 0
Jan . 1, 1 918
Jan . l , 1 918
Out. 1. ’ 9 6, 2 $
J a n ., 18
J u ly 1, 1 9 2 6
Oot,. 1. 1 92 6
N ov. 1 , 1 911
A p r . 1. 193S
A p r. 1, 1 9 3 8
M oll. 1, 1 89 4
D e c. 3 1, 1 8 9 3
O ct. 1, 1 8 9 7
J u ly 1 , 1 92 0
J u ly 1 , 1 92 0
A u g , 1, 1 9 2 2
M a y 1, 1913
N o v . 1. 1 94 4
M o b ., ’ 9 7. 3 %
O ct. 1 5 . 1925
O ct. 1, 1 9 4 2

interest o n th e b o n d s, a n d J a n . 1, 1 8 9 6 , o w n e d $ 1 ,2 6 2 ,7 5 0 o f th e
$ 1 ,2 8 3 ,0 0 0 o u ts ta n d in g sto ck . A u th o riz e d s to c k $ 2 ,0 0 0 ,0 0 0 (p a r, $ 5 0 ).
O f the co n so l, m o rtg a g e f o r * 2 ,0 0 0 ,0 0 0 , * 1 ,0 0 0 ,0 0 0 re s e rv e d to r e t ir e
H r-ts o f 1 98 3 . In te re s t fr e e o f all ta x e s . G ro ss e a rn in g s in 1 8 9 5 ,
164 ,20 7 ; n e t, $ 1 3 ,1 9 8 , in te re st o n b o n d s, $ 3 4 ,8 8 3 . o th e r ch a r g e s .
7,213, b aL , deficit, * 4 8 .8 8 0 .
tu 189 I. g r o ss , $ 2 4 9 ,3 6 8 , n e t, $ 8 0 ,6 6 9 .
in 1893, g r o s s ,$ 2 5 9 ,0 3 9 ; n e t .$ 9 9 ,8 0 0 . <V. 5 9 ,p . 880 .)
P h i l a d e l p h i a G e r m a n t o t v n A N o r r i s t o w n . —P h ila d e lp h ia ,
P a , t o N orristow n a n d G e rm a n to w n , P a , 2 0'-j m ile s ; s e c o n d t r a c k ,
2 0 m iles; to ta l tra ck , 8 0 in.; P ly m o u th R R ., 9 m iles. L ea sed N o v e m b e r
10, 1970, t o P h ila d elp h ia A R e a d in g R a ilro a d f o r 9 9 9 y e a rs a t a re n ta l
o f $ 2 6 9 ,6 2 3 an d $ 9 ,0 0 0 y e a rly f o r o rg a n iza tio n e x p e n s e s . D iv id e n d s
a re 3 p er ce n t q u a rte rly (1 2 p er ruuufm ), b u t In M arch a n d S e p te m b e r.
1893, o n ly 3 h p . s e a ch w as p a id o n a c c o u n t o f ce r ta in lo sse s. L e a se
a ssu m ed in 1 89 6 b y PhUa. Sc R e a d in g R a ilw a y .
P h i l a d e l p h i a H a r r l a b i i r R Sc P u t s b u r g . —O w ns f r o m H a rris ­
bu rg, P a ., to S h lp p e n sb o rw ,o n th e W estern M a rylan d R a ilro a d . 4 1 m ile s ;
sidings an d la tera ls 10 m iles. O p en ed In A p ril. 1891, and lea sed fo r 9 9 9
re a r* a t 5 p, c. on s to c k to th e P ftlludelphta Sc R e a d in g B it., w h ich b y
e n d o rs e m e n t on e a ch , g u a ra n te e d th e b on d s, p rin c ip a l am i in terest. T h e
rental co v e r * Interest o n b o n d s, ta x e s a n d e xp e n se s . L e a se a ss u m e d
In 1 8 9 7 b y P h ila d e lp h ia & H eadin g R ailw a y . S to c k , $ 2 ,0 0 0 ,0 0 0 (p a r,
$50 ), o f w h ich $ 1 ,9 0 5 ,0 0 0 . a lo n g w ith * 1 .4 7 3 .0 0 0 o f th e b a n d s a r e
o w n e d b y th e Re R an g C om p a n y a n d d e p ‘ *ttod a n tle r its g e n e r a l m o r t ,
g a g e o f 1 897. M o rtg a g e t* fo r $ 2,0 0 0 ,0 0 0 .
P h i l a d e l p h i a N e w t o w n Sc > « ■ « Y o r k K B . — R 04D — P b i la
d olp h in to N e w to w n . P a . 2 1 m ile*, b ra n ch t m ile. O p e n e /l in 18 78
and o p e ra te d s in ce 1 879 lx; oo tin e e llo n w ith P h ila d e lp h ia A R e a d in tf
w h ich gu a ra n teed th e b o n d * , p rln e lp s l an d Interest, b y e n d o rs e m e n t!
in 1 896 it w a s sta te d th a t th e ro.n l w o u ld he o p e r a t e d d ire ct) r b y th e
n e w R e a d in g . C ap ita l s to c k , $ 1 ,0 0 0 ,0 0 0 ; p a r, * 5 0 . O f th e b o n d s
$ 8 4 0 ,1 0 0 (w ith co u p o n s o n ly p a r tly p a id —see V. 6 4. p. 3 3 1 ) a re ow n ed'
b y th e R e a d in g C o m p a n y a n d d e p o site d m p a r t s e c u r ity t o r l u g e n e ra !
m o rtg a g e o f 18 9 7 .— V. 6 i, p . 331 .
P h i l a d e l p h i a Sc K e a d 1n r I t I t , —T h is ra ilro a d w a s f o r e c lo s e d
S e p t 2 3 ,1 8 9 6 , an d tra n sferred ' to th e PhU a. Sc H o ld in g R a ilw a y C o
T h e ca p ita l s to ck o f th e R a ilw a y C o m p a n y , n* also th e s to c k o f th e
C oal Sc Ire n C<»., is held by th e " R e a d in g C o m p a n y ," w h ich has issu e d
th e ro-u *wurUSt-- a u th o riz e d b y th e p lan o f re o rg a n iz a tio n .
See
“ R e/w ling C o m p a n y ."
M h i l a / l c l p h l a Sc H e a d i n g B y , —T h is c o m p a n y w a s fo rm e d In
1806 t o s u cce e d to a ll th e rxtlro a t o n e * o f th e o ld P h il a. A* R e a d in g
RH O o „ fo ro o l/.s.A . IU 82O.Otm.00O s to ck and all th e b o n d s issu ed
u n d er It- 8 3 0 ,0 0 0 ,0 0 0 m o rt. o f 1 89 0 (o n ly $ 2 0 ,0 0 0 ,0 0 0 issu ed In 1 8 9 7 )
a re d e p o e lto d n* part s c -u r it y fo r th e m o r t g a g e o f th e « R e a d in g O o."
M h l l n d c l p h l a A B e a d i n g T e r m I t i a i . —O w n s te rm in a l roa d .
i ' 3 trim s lo n g , in clu d in g sta tio n a t T w e lft h a n d M a rk e t S tre e ts P h ila d e lp h la ; t o ta l -In g le tra ck . 5-7 m iles. The ca p ita l s to c k is * 6 ,0 0 0 ,0 0 0 ,
an d $ 8 ,4 9 7 4 0 0 o f It Is d e p o s ite d as s e cu rity f o r th e T e rm in a l b o n d s o f
the PhUa. A R e a d in g R R , (se e Itsa d ln g O o m p a n y i, w h ich a re a ls o
gu a ra n te e d b y the T e rm in a l G w n p a n y , th e la tte r h a v in g Issued no
b o w ls o f Its o w n —s e e fu ll p a rticu la rs V. t u , p .
.
P h ila d e lp h ia
B e a d in g
*
N ew
K n g l a n d . —ROAD—T hla
em np auy /»* -«» fro m GuuipKoU H a ll, c r o s s in g the B udann R iv e r
a t P o u g h k e e p sie b y Its o w n b rid g e , to 0U veraaM s,S8 m ile s ; r a d le a s e s
au/1 c o n tr o ls H a rtfo rd A C onn. W estern, H u rtfo rd to RhlntsoUfL 1 0 9
m ile s ; to ta l. H i, m ile -: a lso lea ses and c o n tr o ls D u tch e ss C o, B R . ,
from P o u g h k e e p sie to H o p e w e ll J u n e ,.
m ile s ; tra ck a g e , m ile.
R K C E tvE gsuir A .-.—A « in * o ltd * tto n in J u ly .’ O j {b y p la n in V . 6 4 , p .
5 97 ) o f C en tra l N ew R u g h m d s> W estern a n d P o u g h k e e p sie B rid ge
co m p a n ie s. R ood w as c o n tr o lle d a n d o p e ra te d b y P h ilo, a R ead m it,
b tu th e g u a ra n teed in te re s t d n e M a y l a n d A u g u st 1, 1 89 3 , w a s n o t
p aid , and o n A n g . 10, 1 893, J . K . O . S h e rw o o d w a s a p p o in te d re ce iv e r.
In te re s t on D u tch es* C o. R R . firsts p a id reg u la rly t o D e ce m b e r, 1896.
B o s o h o LORIls' C o u urrrE K ,—C hairm an, G . A . F letch er; H . L. D a v is ,
C. r o w e r , J r ., a . M. J a n n e y , J. W . H am er, H , H e rb e rt P lg g o tt, A rth u r
B ro ck , L e b a n o n ; H . O. S e ix a s. N ew k'orit,—V. 6 4 , p . 2 3 5 . 68
F ittsr M o « t 0 4 o e O oM M iT tsa. — J o h n 8 . W ilso n . C h a irm a n , J o h n
d a lie r, W illiam H . J e n k s , J o se p h M oore. J r ., an d H u rry a . R e m in d o /llc c 2 6 0 B u llitt B u ild in g . P h ila d elp h ia . D e p o s ita r y ,G ir a r d L. I. T. &
A. C o ., P h i l a d e lp h ia - s e e V . 0 4 , p. 8 4 ,
.
d t o c K —C om m on Is $ 4 ,6 0 0 ,0 0 0 ; p re fe rr e d , $ 2 ,0 0 0 ,0 0 0 .
Bot«i»s.—B o th th e m o rtg a g e s (G u a ra n te e T ru st & S afe D e p o s it C o .
trustee) c o v e r * 1 .3 9 0 ,0 0 0 H a rtfo rd Sc C onn. W estern s to c k , e tc.
In J a n u a ry , 1804, $ 3 5 0 ,0 0 0 o f n otes p le d g e d fo r in te re st p a y m e n ts
*w«ra secu red b j $ 7 2 5 ,0 0 0 firs t m o rtg a g e b on d s as co lla te r a l. L o a n s
and b i l * p a y a b le J u n o 3 0 . 1 89 6 , $ 3 5 0 ,0 0 0 ; o p en a cco u n ts p a y a b le
(co n tra cte d p rio r to re c e iv e rs h ip ), $-100,396.
L a t e s t E a b s i s o s — 2 m o s ,,
? 1 89 7 ----- G ro ss. $ 9 1 ,8 2 0 ; n e t, $ 2 5 ,4 0 7
J an . 1 t o F e b . 2 8 .
) 1 8 9 6 ....G r o s s , 1 0 0 ,5 8 1 ; net, 1 6 ,8 7 1
Y e a r 1 8 0 6 g ro ss , $ 7 4 6 ,5 6 9 ; n et, $ 2 0 0 ,0 7 4 . In 1 805 g r o ss , $ 7 2 4 ,1 1 4
r o r y e a rs e n d in g J o n e 3 0 e a rn in g s h a v e b e e n as fo llo w s :

t

85

12

1

181

J e n r to June. 3 0 -

Gross.

}§ 9 O -0 .................................$ 7 4 6 ,5 6 0

Net.
$ 2 0 0 ,6 7 4

1894-5....... ....... ...... 721,114 201.661

Charge*.'

$ 1 1 0 ,5 14

168,144

i f o m —(Jhwemm do not Include any bond interest,

— (V . 04, p . 84, 1 8 1 , 2 3 5 , 423 .)

Balance.

sur.$60,130
sur. 33 517

1 Id

INVESTORS’ SUPPLEMENT.

[V ol. LX1Y.

S u b scrib e r* w i l l c o n fe r a g r e a t fa v o r b y solving Im m e d ia te n o tic e o f a n y e r r o r d is c o v e r e d in th e se T a b l e s .
Bonds—Prlnoi
INTEREST OR DIVIDENDS.
RAILROADS.
Miles 1 Date Size, or
pal,W hen Due
A m ount
Par
of
Rat^ per . When Where Payable, and by Stocks—Last
of
F or explanation o f column headings, &c., see notes
Outstanding Cent. Payable
Whom.
Road. Bonds ' Value.
in tlrst page o f tables.
Dividend.
Phil. Head, d New Eng.—le t M., gold,guar, (end.) .C
Do (4 p.c. till 8ept.’95; then 5 p.c.) guar.p. A i.C"
Do 5 percents (See text) gold, guar. p. & i .......
Inc. M, uou-cu., Ser.A,$1750,000; 13,$2100,000.0*'
Dutchess Co. RR. 1st M., gold,guar. P. R. &N. E.c*
Phila. it Trenton—Stook 10 p. c. rental, Penn R R ..
Philadelphia Wilmington d Baltimore—S tock..........
Plain bonds, s. fund $16,000 yearly, not d ra w n ..r
Plain bonds,s. fu n d $20,000 yearly, not d ra w n ..r
Plain bonds..................................................................r
Plain bonds.................................................................. r
Plain bonds, g o ld ....................................................... r
Plain bonds, g old ........................................................r

58
58
58
58
12
27

29
1st mortgage, gold...................................................c*
75
Pine Creek—1st M., guar. prhi. and interest (e n d jr
2d m ortgage................................................................ r
75
Pittsburg Bessemer & L . E .—Stock, .$10,000,000...
Pittsb. Shen. & Lake Erie, 1st inort., g o ld .......c*
Consol. 1st m ortgage, for $4,800,000, g o ld ..c*
Pittsb. Hess. & L. E., consol. M., $10,000,000, g. : : : :
Pittsburg0 harder 8 d Tough'y—Stock, $1,000,000..
16
1st m ortgage................................................................
Gen. M. $1,000,000, gold, gu. p.&l. (end.) See text.
16
Pittsburg Cincinnati Chicago d St. Louis—P re f.st’k 1,090
f Col. < Ind. Cent. Ist M. (Colum. to End. & br.).o* 208
fc
< Col. & Indianapolis Central 2d m ortgage....... e* 208
(.Union tfc Logansp’t 1st M.(U’n City to Logans. )c*
93
Chic. St. L. «fc Pitts, cons. M. ($22,000,000) g .. .c<fcr 580
Jeft’nville, Mad. < In. 1st M. (s. f. drawn at 110).c 222
fc
2d rnort., Jeffersonv., Ky., to Indianan. & br’li.c 222
<Steub. *fc Ind., 1st m ortgage, extended in 1884.r 116
\ Pitts. C. A St. L., 1st consol, m ortgage.......... cAr 216

1892
1892
1892
1892
1890
....
1875
1880
1887
1887
1891
1892
1886
1885
1887
1890
1893
1897

$1,000
1,000
1,000
1,000
100
50
1,000
1,000
1,000
1,000
1,000
1,000
50
1,000
1,000
1,000
50
1,000
1,000

50
1882 500 <fec.
1,000
1892
100
1,000
1864
1,000
1864
1,000
1865
1883
1,000
1,000
1866
1870
1,000
1,000
1864
1,000
1868

P h ila d e lp h ia Sc T r e n t o n .—Philadelphia (Kensington), Pa., to
Morrisville, Pa., 23 miles, m ostly four-tracked, and branch 3 miles. On
Deo. I, 1871, leased, with the United Cos. o f N. J., for 999 years to the
Penn. RE. at 10 p. 0. on $494,100 stook, the total issue being $1,259,100, the balance being ow ned by the United KR. o f N. J.
P h ila d e lp h ia W ilm i n g t o n Sc B a lt im o r e .—(See Map Penn.
i t s . ; —Operates from Philadelphia to Washington, D. C., and from W i'm ington, Del., to Delm ar, Del., with branches as follow s:
L ines owned—
Miles. Delaware R R .ff............................117
Philadelphia to B altim ore....... 94 Delaware Md. & V a.ff................ 98
(all double track.)
Baltimore & Potomac H............ 97
Branches to Delaware City, etc. 23 o th e r lines (6 )..............................156
L ines controlled, leased, etc.—
Philadelphia & Balt. Centrallf. 80
Total (11 see this co m p a n y )...665
Organ ization .—Penn. R B . owns $10,890,950 stock (m ostly pur­
chased in 1881), and controls the operation. The P. W. & B. owns
stock in the Cambridge & Soaford, Columbia & P ort Deposit, Junction
R R ., Queen A nne’s & Kent, South Chester & Un. RR . o f Baltim ore, etc.
D ividends .—From 1868 to 1887, inclusive, 8 per cent y e a r ly ; in
1888 and 1889, 7 ; in 1890, 6 ; in 1891, 6 ; in ’92, 7; in ’93, 7te p. c.;
in 1 8 9 4 ,7 p .c .; in 1895, Jan., 6kjp. c.; in 1896, 7 p. c.; in 1897, Jan., 4 p .c.
Bonds .—A ll to b e secured b y any future m ortgage. See description
on page 4, S upplement o f A p ril, 1895. M ortgages and ground rents
Nov. 1 ,1 8 9 5 , $164,002.
A nnual R epo rt .—Y ear ends Oct. 31. R eport fo r 1895-96 w as given
in V . 64, p. 178, showing, gross, $9,047,131; net, $2,353,123; other
incom e, $a50,927; interest, rentals, etc., $1,760,525; dividends, $827,354; bal., surplus, $316,171. In 1804-95 gross, $9,142,532; net,
$2,615,642. In 1893-94 gross, $8,695,959; net, $2,346,627.— (V. 58,
p. 1 7 7 ; V. 60, p .1 3 1 , 3 4 7 ; V. 62, p. 1 3 9 ,2 2 9 ; V. 64, p. 1 7 8 .)
P ie d m o n t Sc C u m b e r la n d .—Road extends from Piedm ont, West
Va., to Cumberland, Md., 29 miles. In February, 1894, the road was
leased to the West Virginia Cent. & Pittsb. R R . till Aug. 1 ,1 9 1 1 , for 37
per cent o f gross earns. Penn. R R . Co. on Dee. 31, 1894, owned
$200,000 o f the $650,000 stock—par $50. First div., 5 p. c., paid m
March, 1894; in 1895, March, 6 p. c.; in 1896, Feb., 6 p. c.; in 1897,
March, 2te per cent. For year 1894-95 profit to lessee, $20,289; in
1895-96, $10,633.
P in e C r e e k .—Owns %om Stokesdale Junetion to N ewberry Junc»
(non, Pn., on the Fall D. .ok Road, 75 miles. Org a n iza tion .—N Y.
Central controls the capital stock and the road is leased to the Fall
Brook Railway Co., form ing a connection between the Central and
the Philadelphia & Reading. The 1st m ortgage is guaranteed by
tlie Central, the Reading and the Corning Cowanesque & Antrim
(now Fall Brook Ry. Co.) join tly and severally. See form o f guaranty.
V. 56, p. 650. Stock, $1,000,000 (par,$50), o f which July 1 ,1 8 9 4 N Y
Central owned $999,000.
E arnings .—Y ear ends June 30. In 1894-95, gross, $906,262. F or
year i ? S 3' ? 4 lessee reports gross, $8 52,470; uet, $353,580; rental
$25o,740. In year 1892-93, gross, $986,410. (V. 59, p. 3 76.)
P itts b u r g A k r o n Sc W e s t e r n . —S ee N orth ern O h io R y .

$3,750,000
4 g. F. & A. Feb., ’93, coup, last pd. Nov. 1, 1942
2,500,000
4-5g. M. & N .'N ov., ’92, coup, last pd. Nov. 1, 1942
As collateral
5 g. IM. & N. N ov., ’ 92, coup, last pd. Nov. 1, 1942
3,850,000
None paid.
5 g. Oct. 1
Oct. 1, 1952
350,000
6 g- J. & D. N. Y. Chase Nat. Bank. June 1, 1940
See text. lOperan. Q .- J . Phila., Company’s Offi ee A pl., '97, 2Lj%
11,819,350 See text. J. & J. Phila., Broad St. Stat’n Jan. 2, ’ 97, 4%
800,000
6
A . & O. Phil.Of.;BOst.,Kid.Peab Apr. 1, 1900
1,000,000
5
J. & D.
do
do
June 1, 1910
1,000,000
4
A . & O.
do
do
Apr. 1, 1917
4
M. & N. Phila., B road St. Stat’n Nov. 1, 1922
1,000,000
do
do
930,000
4 g. j . & j .
Jan. 1, 1926
1,000,000
do
do
4 g. A. & O.
Oct. 1. 1932
650,000 See text.
M a r .l’ 97,2te%
650,000
5 g- F. & A. Baltina.,Hambleton&Co Aug. 1, 1911
3,500,000
6
J. & D. N. Y. Gd. Cent. Station. Deo. 1, 1932
5,000
6
J. & D.
do
do
Dec. 1, 1932
10,000,000
3,000,000
fe
5 g. A. < O. N. Y. Central Trust Co. Oot. 1, 1940
5 g. j . & j .
do
do
885.000
Ju ly 1, 1943
5 g.
(1)
1947
700.000 4 in ’95.
Feb.15,’ 95,4%
320,000
F. & A.
6
Pittsburg, Office.
Feb. 1, 1902
368,000
fc
do
do
4 g. A. < O.
Apr. 1, 1932
22,651,901 See text Semi-an N .Y.,Farm ers’ L ’n & Tr. Jan. 27,189 6
2,631,000
7
j . < j . N. Y., U nion Trust Co.
&
Nov., 1904
M. & N.
780,000
7
do
do
N ov., 1904
A. < 0.
fc
715,000
do
do
7
Deo., 1905
1,506,000
do
do
5 g. A . & 0.
Oct. 1, 1932
2,043,000
7
A. & O. N. Y.,Farm ers’ L ’n < Tr. Oot. 1, 1906
fc
1,995,000
7
J. & J.
do
do
Ju ly 1, 1910
3,000,000
5
J. & J. N. Y „ Nat’l City Bank. Jan. 1, 1914
6,863,000
F. & A. Phila., B road St.Station Aug. 1. 1900
7

$172,719; balance, surplus, $18,735. In 1894-95, gross, $567,718;
net, $156,926. In 1893-94, gross, $476,651; net, $165,134. Chairman
of the Board, Col. S. B. Dick, M eadville, Pa. (V. 62, p. 1140; V. 63. n,
116, 1159; V. 64, p. 135.)
P i t t s b u r g C h a r t i e r s Sc T f o u g h i o g e n y . —Owns from Chartiers
to Beeokmonr, 1 6 m iles; trackage (Chartiers R y.), 1 m ile ; 17 miles In
all. ST(JCK authorized, $1,000,000; par, $ 5 0 ; outstanding, $700,000,
ow ned join tly by guarantors m entioned below . Of the 4 p e r cents
issued, or to be issued, one-lialf are to b e endorsed w ith the guaranty
of the P ittsburg Cincinnati Chicago & St. Louis, the other half with the
guaranty o f the Pittsburg < Lake Erie. See guaranty, V. 56, p. 650.
fc
They are not subject to call. E arnings in year ending Dec. 31,
1896, gross, $197,849; net, $101,354; rental Chartiers R y., $2,973:
interest. $33,920; bal. over int., $64,461. In 1895 gross, $162,850;
net, $63,123; int.. on bonds, $34,120; rentals, etc., $2,974; dividends
(4 p. o.) $28,000; balance, deficit, $1,971.
P itts b u r g C in c in n a t i C h ic a g o <fc S t. L o u i s .—(See M ap.)—
The system, clearly seen on adjoining m ap, in clu d es:
--------owned.
Miles. Lities leas’<i(1TSee these eo’s.) Miles.
Pittsburg.Pa., to Chicago,HI. 504 IT h a rtiers.................................
C
23
R end com bJc. to A noka J c ... 166 TTLittle Miami and depend’s . . 192
Bradford Jc. to Indianapolis. 104 Cincinnati Street Con. R y ...
3
Indianapolis to Jeffersonville 108 Pitts. W heeling & K y ............
28
B ca n ok es.................................. 208 Eng. C onnecting Ry. in Chie.
2
Other lin e s.................................
5
Total o w n e d .......................... 1,090
Leased join tly with T. H. < 1.
f;
Trackage—
IfSt. Louis Vandalia & T. H ... 158
Indianapolis to K ok om o...................55
Louisville Bridge, etc..............
7
T otal o f all Jan. 1 ,1 8 9 6 ...1 ,5 6 3
Organ ization , &c.—Form ed in 1890 by consolidation (per terms in V
50, p. 875) of Chicago St. L ouis & Pittsburg, Jeffersonville Madison &
Indianapolis, Cincinnati & Richm ond and P ittsburg Cin. & St. L. Con­
trolled by Pennsylvania Co. and Pa. R R . Co. through ownership o f stock.
Ca p it a l Stock .—The stock authorized is: Comm on, $45,000,000;
preferred, $30,000,000; par, $100. Outstanding Oct. 31, 1896. com­
m on, $24,349,161; preferred, $22,651,901. Stock listed to January.
1897, com m on, $25,315,500; preferred, $22,630,400.
The preferred stock is “ non-oumulative and entitled to a dividend
o f 4 per cent per annum out of the net earnings as declared by the
Board, w ith the right after 3 per cent has been declared on the
com m on to an additional 1 per cent, m aking 5 per cent in all.’ ’
A fter 5 per cent on both com m on and preferred, the tw o share pro rata
D iv id e n ds .— ) 1891.
1892 to A pr., >94.
Jan., 1896. 8eeV .6 4,
On pref. p. e.— {
3
4 yearly.
2 (for ’ 95.) p. 181.
STOCK OF O ld Companies unexchanged Oct. 31, 1 8 9 6 : Pittsb. Cin< St. L. com m on, $47,200, Chic. St. Louis & Pittsb., com m on, $534,fc
667, and preferred, $22,653; Steubenville & Indiana, com m on, $86,170.
and preferred, $2,950; Jeff. M. & I. $5,400.
B onds .—The consolidated mortgage for $75,000,000 (Farm ers’ Loan
& T rust Co. o f N. Y. and W. N. Jackson, trustees,) covers the entire p rop ­
erty. Sufficient consols are reserved fs r th e p urpose o f retiring all seotional bonds at m aturity, at w hich tim e they m ust he paid off. The
remainder are issuable fo r im provem ents, additions etc. They are
guaranteed unconditionally as to principal and interest b y the Penn­
sylvania Company, in accordance with the v ote o f its Board o f D irect­
ors, and are so endorsed. The three series are all equally secured. See
adv. Chronicle M ay 21 ,189 2, and guaranty, V. 56, p. 604.
G eneral F inances .—There are 4 per cent car trusts fo r $91,920
due at various dates. In N ovem ber, 1894. $4,811,000 consols were
authorized, o f which $3,862,000 were issued to Pennsylvania Co. for
advances. V. 59, p. 969. Cin. Rich. & Chic, 1st 7s fo r $552,000 were
paid Ju ly 1, 1895.—(V. 60, p. 1010.) In Novem ber, 1895, series " D ”
bonds fo r $8,000,000 w ere created and series “ C” bonds fo r $4,818,000,
previously reported outstanding, w ere canceled. Series “ D ” bonds for
$4,863,000 had been listed on N. Y . Stoek E xch an ge to A pril, 1897.
V. 63, p. 1064.
L ate st E arnings .—F or 3 m onths ending M arch 31 and calendar
year:
3 months.
Gross.
Net.
Charges.
Balance.
1 8 9 7 ............ $3,289,926
$665,421
$799,998 def. $134,577
1 8 9 6 ............
3.624,055
642,310
825,579 def. 183,269
12 months.
1 8 9 6 ............ 14,304,934
3,724,180
3,441,204 sur. $282,986
1 8 9 5 ............ 15,483,373
4,234,827
3,206,435 sur, 1,028,392
A nnual R epo rt .—Fiscal year ends Dee. 31. R ep ort fo r 1895 was
given in fu ll in V. 62, p. 708, 724, 727.
Year ending Dec. 31.
1895.
1893.
1894.
Mites operated (system proper)
1,151
1,144
1,150
Gross earnings..................$15,439,706
$14,247,855 $15,750,808
Operating expen ses........ 11,248,545
12,034,631
10,765,519

term inal in Erie, etc.. Pa., 2 m iles; branches, 28 m ites; teases Meadrtllei Conneaut Lake & L m csvd lo R R ., Linesville to Meadville, 23 miles;
trackage. N. V. Chie. & St. L., to Erie, 12 mites; total, 228 mites o f
which in operation in January, 1 8 97,1 87 miles.
O rg an ization , E tc .—U consolidation Jan. 14 ,189 7. o f the Pitt shoreShenungo & Lake Erie A l the Butter & P ittsburg (organized t o ! bSfld
lo o /2
Bl! i * 1 ° Pittsburg), whose stocks were exchanged
dollar for dollar for tb/. stock o f the new com pany ($2 400 000 new
consols bein g also g r /e n in part consideration fo r B utler & Pittsburg
stock). W ill carry iron ore south and coal north, its contracts with
t.Le C u rn ^ ie tet.,-,-' W orksand o th e rs.it is said, insuring it a tonnage
o f 4,000,000
annually. Rails to be 100 pounds, maximum grades
30 feet. See fiJrther particulars V. 63, p. 1159.
g
68
.
y nlt€id f” tates * Ontario Steam N avigation Co. organized by
th e P . S . & I TE. runs boats fo r coal transfer, etc., between Conneaut
and P ort D o /e r , Can., 60 m iles. See V. 6 0 ,p ,8 7 2 , V. 6 i;p ? 2 4 1 ,7 9 5
Sto c k .—Capital stook is $10,000,000; par $50.
B onds .—
IThe old first m ortgage o f $3,000,000 covers the line from
Butter to W allace Junction and from Cranesville to the Nickel Plate
t e r l t e ’a ls
00ver tl16 d° ckS and terminale at the harbor or the
The P. b X l . E. m ortgage o f 1897 is fo r $10,000,000, covering all
the railroad, property, rights and franchises o f the consolidated com
pally, including the agreement with the Carnegie Steel Co Limited
and the Union RR. Co. Of the new bonds $4,800,000 w ill be reserved
to retire at or bef ore maturity a like am ount o f bonds outstanding ou
the P ittsburg Sbenango & Lake E rie, and $2,400?000 w ith interest
accruing from A p ril i , 1897, w ill be issued in part payment to the
Net earnings.......................... $4,191,161
stockholders o f the; B utler & Pittsburg. The remainder o f the new
other
loan will b e applicable to the “ corporate purposes’’ o f the new com Net earnings,f incl. Miamiin c ... $4,234,827
Net earns, o L.
& 5pauy. Car trusts Juno 30. 1895. $292,585.
profit or loss St. L.V. & T. H
212,998
- J ’*RNIKG8~ ' ° f oltl com pany (on 187 miles) fo r year ending .Tune un
1896, grosB, $658,079; net, $189,739; other incom e, $1,745; charges*
Total net earnings................ $4,447,825

$3,482,336
$3,498,358
412,744
$3,911,102

$3,716,177
$3,730,223
439,354
$4,169,577

A pril . 1897.]

RAILROAD

STOCKS AND BONDS.

113

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Jam es!

(WALLACE JC,
■
Girard

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CROMEBSAut1^ * ’

M AI* O F T H E
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PITTSBURG, BESSEMER
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'LA K E ERIE RAILROAD

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KAILROAD STOCKS AND BONDS.

A p r il , i m . i

115

B ond*—P r in c i­
IN T E R E S T O R D IV ID E N D S .
___________________ — ---------------------------------- ------- -------- MIL'S J D a te
p a l, W hen D u e.
S<Ps'r°r
A m ou nt
R a te p e r W hen W here P a y a b le , a n d b y S tocks—L a st
F o r e x p la n a tio n o f c o lu m n h ea d in gs, M e., s e e n otes
of
of
C ent.
P a y a b le
on ttrst p a g e o f tables.
R o a d . B o n d s V a lu e . O u tsta n d in g
W hom .
D iv id e n d .
PU tslntrg C in Chic. <t St. L .—fC o n .)—
•
•
C o u a o l n o n . , s o ld , g u a r a n te e d j>. k t. : • K ." g.e" t
*
ten(Ll Lt P e n n sy lv a n ia C o m p a n y . . . ”
sf.c'
l • l V ’ g .t '
•
p u m . Cle*€. <t Toledo— 1st M ..g o ld ,im . g u ar, B.<sG.,
1st o o u s o t X . , $ 4 ,0 0 0 ,0 0 0 . s o ld , iu t., s n a r ........c '
piU sbJX W a tp u * C .-Q t m . s t k . ,7 p .c . g a a r .P a .R E .:
G n a iu n te e d sp ecia l leap, s to c k . 7 p . c. g u a r, b y end;
1st m o rtg a g e, series A to F i Sink, fu n d , e u m a la -i ■
2d
d o ' 'seriesG t o M i O r®, n ot d r a w n -o ' >
3 d nKmrtgajge.__ * ., .« * ___
,
Pittsburg JuneH&t*~~8iwk, eo n u n o a .
P re fe r re d ($ 4 8 0 ,0 0 0
1st m o rtg a g e. 8 1 ,6 4 0 ,0 0 0 g o l d ................................c
2 d m o rtg a g e , fo r $ 9 0 0 ,0 0 0 , s o l d ........................... c '
P itts. J u n e . T e rm in a l 1st M-, g o ld , g u a r . p . A 1 ...

I 1 890 $ 1 ,0 0 0 $ 1 0 ,0 0 0 ,0 0 0
M0

! 1SS2: 1,000

10.000,000

f 1 892
-------------1,000 ' 2 , 000,000
6,0 0 0 ,0 0 0
„ „ J 1895
“
: 1 88 2
2 .4 0 0 .0 0 0
1,000
1 39 5 ; 1 .0 0 0
P led ged .
470
100 1 9 ,7 1 4 ,2 8 6
470
1871
1 8 ,8 8 3 ,4 0 0
100
468
5 .2 5 0 .0 0 0
1S62 s o o &c,:
468
5 .1 6 0 .0 0 0
1 8 6 2 5 0 0 &(!,.
4 6 8 ' 1 8 6 2 5 0 0 &c.
2 ,0 0 0 ,0 0 0
9 6 0 .0 0 0
50
4 3 0 .0 0 0
50
8 1982
1 ,6 4 0 ,0 0 0
1,000
3 0 0 .0 0 0
1394
5 0 0 .0 0 0
4 .0 0 0 .
50
Pituinunj It l a k e S r i e S U K k ...................... ................
71
2 .0 0 0 . 0 0 0
1 379
1.000
1 st m o rtg a g e , g o ld ....................................................... c;
71
2 .0 0 0 . 0 0 0
1839
1,000
3d m o rtg a g e, g o ld . S eries A . Jt B ..............................c
Pittsburg Mc'K. J t o u g h .—Stools gu ar., see t e x t ........
3 .9 5 9 ,6 5 0
1.3-34
50
2 ,2 5 0 ,0 0 0
57
1st m o rtg a g e .g u a r, b y I*. A I* E. an d L. 8. <s M. s .e '
1 882
1.000
57 : 1 88 4
9 0 0 .0 0 0
2d .M .,g u l p . x l (end.. 6 y P. A !.- E .a n d L -8 . A M. S .c
1,000
2 8 , 1833
M cK e e sp o rt A B elle V ernon . 1st M., g o ld , a ssu m ed
6 0 0 .0 0 0
1,000
15 1 1 89 0
p u tt. Ohio Vat. < C m .—1st M. g o ld , a. t n o t d r a .e '
st
3 0 0 .0 0 0
1,000
pittsb. P a tiusrU U * Fttirpori— lM
s o l d . l i l t «u .C * :
1 , 000,000
6 3 : 1886
1,000
T erm in a l m ort.. in terest guar, b y W tw b . A W est
25
1889
- *- • ' 4WO : 1 .VW
4.0 0 0
Ad 0 .0 0 0
P tm b u rg S tu n a n g o * l a k e E r it—S e e P n r s n s ! B t *« i.uER A L a k e E r ik .
77
....
50
P U M m rg V ir g in ia * O h tirleU m —S iO ek($ 6 ,0 0 0 ,0 0 0 )
3 ,4 3 2 ,9 0 0
77 1895
1,000 ; 3 ,4 3 1 ,0 0 0
C ues, i f . , g ., ( « e text> « , t , n o t dr*n, series A . . c * :
P ittsburg * W estern— 1st M.. i'Ut.-. N e w ca s tle A L .E ,
30 1978 100 AC.
2 1 9 ,0 0 0
45 l e g o .500 A c.
O ld F t U s b a r g A W estern 1st m o r t g a g e ............. ..;
8 1,0 00
1 s t ! co n s o l.) m o rtg a g e f o r $ 1 9 ,0 0 0 ,ooO , g o l d .., . o ' ! 210 ! 1.997
1,000 I 9 ,7 0 0 ,0 0 0
R e c e iv e r s ce r ts ., fo llo w 1 st (co n s.) M ., # 5 0 0 ,0 0 0 .
it)

1.000

fe
48> g. A . & O. N .Y .,F a rm e rs' L ’ n < Tr. O ct. 1, 1 94 0
do
do
i H g. A. A O.
A p r. 1, 1 94 2
4 (-2 g . JI. A x .
do
do
N o v . 1. 1 9 4 2
4 g. M . A X
do
do
N o r . 1, 1 9 4 5
1
6 g. A , Jk O. N . V ., Cent. T ru st C o. O ct. 1, 1 9 2 2
4
F . A A.
A u g . 1 , 1 945
:
N. Y ., W in slow , L. & C o . A p r .6 ’ 97,1%3.
7 p e r an.
ig.—.j
do
do
7 p e r an. * T * .
A p r .1 ’ 9 7 ,1 % 4
V a rio u s
do
do
J u ly 1 , 1911
7
V a rio u s
do
do
7
J u ly 1, 1 91 2
A, & 0.
do
do
7
J u ly 1, 1 912
!8 e « te x t.
M a r .1 ,9 7 ,1 ^ %
7
........
.................
(*)
.
6 g. J . A J. N. Y ., 3 d N. B , A P itts. J u ly 1 , 1 9 2 2
5 g . J . 4 J.
do
do
J u ly 1. 1 92 2
5 g. A . .x O.
.................
O ct. 1. 1 9 0 7
0 0 0 ,S ee te x t. F. * A . P ittsb u rg , C o.’ s Office, . 1,>97,5%
F eb
:
6 g . J . A J.
do
do
J a n . 1, 1 92 8
5 g. A . A O. N .Y ., S e cu rity A T r. Co. J a n . 1. 1 92 8
6 p e r an. J- A J. X'. Y ., U n io n T ru st Co. J a n ., ’ 97, 3%
do
do
J u ly 1, 1 9 3 2
6
do
do
J u ly 1, 1 934
6
j
6 g.
'
1 91 8
1
6g.
J u ly 1, 1 916
do
do
J u ly , 1 91 6
I * ’

!

See text,
41a g. A. A
. A
7
A. A
6
J. *fe
M. A

P h ila d e lp h ia Office,
N ot . 1, 1 8 9 6
do
do
o.
A p r. 1, 1 925
l). Allegheny,Pi a.,l6 tN .B k . J u n e 1, 1 898
P
Q . N.
J .,
N.

y

:,J . P . M o rg a n & Co.
do
do

1894.

1895.

O ct. 1 5 ,1 9 0 0
J u ly 1, 1 9 1 7

1 89 3 . \ b ra n ch e s, 11 m ,; lea ses 2 m .; D eo. 3 1 , 1 89 5 , to ta l, 101 m iles, o f w h ic h
$ 2 ,3 8 7 ,2 1 5 ; 19 m ile s d o u b le tra ck .
i Bisase .—Le a sed to P itts b u rg A L a k e E rie B R . f o r 3 9 9 yea rs. R e n t a l
C k rtro A t* ClhOludifif in t e r e s t).
. *
A 1 I® 0 i»er ce n t o n th e s to c k , p rin cip a l a n d in te re st o f th e P itts b u rg M cK .
M t^ceU an eoti*. . . ___ . . . . . . . . . . .
5 2 ,3 7 5
4 8 ,9 1 0 j £ T o u g h , b o n d s b e in g g u a ra n te e d b y P itts b u rg A L a ke E rie a n a L a k e
2 8 4 ,5 2 5
K, A He Bridge * s if, et*.
S h ore & M ich ig a n S ou th ern co m p a n ie s, th e g u a ra n tie s b e in g en d o rse d o n
the sh a re e e rtifica te s an d bond *. T h e g u a r a n ty o f th e s to c k is on th e
lladli®©#*asurplus
$738*372
# 6 3 5 ,4 9 2
$ 8 2 4 ,6 3 4
ftxprros c o n d itio n that th e h o ld e r sh a ll a c c e p t p a r f o r ih© sam e o n J u ly
oa preferred.!.. .fJ p.e.v #452.716 (2 # 4 5 9 ,4 9 7 m $ 9 0 8 ,1 5 4 t , J9 3 4 . S e c w o r d in g o f g u a ra n ty in V . 5 b. p. 7 7 . S tock a u th o riz e d ,
: $ 4 ,0 0 0 ,0 0 0 ; tlrst m tge, b o n d s a iitfiorixed , $ 2 ,2 5 0 ,0 0 0 ; 2 d m tg e . b o n d s
— (V . 6 3, p. i o n , 1 0 0 4 ; V. 6 4, p. 1 6 I d
,
.
-Profit t o lessee to 1 8 9 5 , $ 6 8 5 , o f w h ic h
P it ifl^ t t r g c i e r e l u n d 4 T o l e d o it n . - f r e » S fw rcw ite Jim ettot, a u th o riz e d , $ 1,
f*W# to Akron, 0e, 77 mile*. Block, $3,000,000 Cpur#50j, o f which Balt. o n e -h a lf w a s p a y a b le to th e L a k e S h o re A M ich ig a n s o u th e rn .
& O h io 'BE. ow n * # 1 ,5 0 5 ,0 0 0 . XdMMfed la Ju ly, 1884 , fo r 9 9 y ea rs t o
fHUfattffiVW t i l z l o V a l l e y A ( T n e i n n a i l * —O w n s ro a d fr o t n B e ll
PUtsbarg A W©*toni. The Baltimore A Ohio guaraate^^i lal*re*t on the -aire, O., t o P o w h a ta n , O ., 15 m ile s . O p erated fo r c o s t b y P e n n s y lv a n ia
■
Urnt*. (See term * In V. 39, p, 607, and deeeriptlon o f m ortgage, etc.,
p, 7 g om eM C JiT o f A pril, 1690,} late*i»»4 cm the l* t @on*ol.
■S to ck , a u th o riz e d , $l,5O«3,0O<>; o u ts ta n d in g , # 3 0 0 ,0 0 0 ; p a r, $ 5 0 . T ru e4 6 * la g u a ra n teed t>j e n d o m e iu e n t hjr th e P ltteh iirg A W e*l*rn a n d ti j te e o f m o rtg a g e f i o r $ 1 ,5 0 0 ,0 0 0 ), F id e lity I n s ., ©to., C o. o f P hil a.
.Balaamre- A Ohio-, m ortgage treat** h M
m m Tmni Co., N, y .
P i t t * b u r g ; I* a lu »'* * v l H e A F a i r p o r t . —O w n s fro m F a lrp o rt, O .
i» t e f* * t due Oct- 1. 18-96* wa* paid « » i
S EattniNOS.—la year 1 to Y o u n g sto w n , e tc., 0 . , 53-m iles. O p erated a t c o s t b y P itts b u rg A wrot*
s
e n d in g Jttn* BO* 1896, gpo**-, #81*7*22# ;•
*#29€,32tr, I filt fw l, lilUEMf t ©rn, b u t Interest c»f btiiids i« gttsi.muic«oL Sc© d e s c r ip tio n o f m o rtg a g e ,
$30,1.17; hal»nce, •**T»len*, { e t c ,, p. 7 , B e m i a i E J i ? o f A p r il, 1890. C o m m o n s to c k , $ 8 0 0 ,0 0 0 ; p reetc..* # 2 1 4 .4 3 4 ; i p c o u m o f p i e r Km* P
i t . # 2 7 6 ,9 3 1 . In 1 8 9 3 9 4, fe rre d , #
1,769. l a 18944*5. grea*. # 820,0i*6
(p a r, $ 1 0 0 h o f w h ich l.u 1 892 the P itt* b u rg A W estern
$ 0 8 0 ,0 0 2 ; net, #190,725.—iV. 63.
I I I Id
urchaaed ail th e co m m o n a n d $ 1 6 0 ,0 0 0 p re fe rre d . F o r y e a r e n d in g
P B l « b it r g A Ka • * r *i i t I f . —
»*
»0©4i
a m 3 0 ,1 8 9 6 , g r o ro , # 3 7 7 ,2 9 6 ; n et. 6 7 ,5 5 7 ; iut.* tax©*, e t c ., $ 7 6 ,0 0 0 .
M ch a d cy
im
o s the lifrech C reek EE.
1 dlatrli it f» S altahiM * j In 1 8 9 4 -9 5 , g m m t # 3 7 0 ,1 8 1 i fittt, # 0 4 .2 6 9 , (St. 6 3 , p . 2 9 . I I I ! .)
ladiaoa Coutsty. Pa. 0 5
1896,
In
P i l t u h l i r ^ 8 l » e a » l l g o A L a k e K r le * —SEE PlTrsUDUO BtlSSKMEU
epened from Mauiayffejf
oad 1* pro | 4k hkMM I t t
n €-mmp$mU»12
feeted t o e n te r Ptttahu
u7 m d u ;
M.-KV
Itm M kio
: Teuyghlo
P i l t a b a r f V i r g i n i a A C h a r l e s t o n 14y . — F rom S ou th P itts b u rg
giiM if BE,, total aboei
C ap ita l
4 in i 5 J # , ok ant
m ( h p a r # 5 0 . R o a d '1 .
*
, fro
k , w h ich i#'being j P a ., t o B row M tiU fe, A c ., P a ., 7 7 m ile*.
iaeued a* required. I
W a tj Ti
j O a s A X t u t i a k - O p t o r t e d b y P e n u s y lr a n la R R ., w h ich o w n e d J a n . 1 ,
0.
cr» l*. V..
* took , an d p a y s n e t e a rn in g * m re n ta l, th e c o n s o l,
o ffice, B u llitt B eU dlng, .P h iladelphia. » e « 'y .0 O , p. 1 01 0 ; y . 6 1 , p. 153. i 1 89 0 , $:i,04-4
j b o n d s b e in g p le d g e d u n d e r It# 4 ro U a to ra l tru st o f 1 8 8 3 2 '
1
f i l i a l * e r g : P o r t Wajrew* 4k C llilr a c e f l y * —#
Jbfepfk*»i.
i >sr t o e .mi>s..—D lv id e a U f»m n e riy 5 p e r ro u t p e r a n n u m , b u t In M ay ,
ffiOA©*—0W B * fr o m Plttahisne* Pa»«
Cdtirnge* IH * a n d hr,* 4 7 0 tuiiea.
j 1 69 4 , o n ly 3 p e r r o a i f in 1 8 0 5 , 5 p, e ,; in 1 696, 5 p , c.
H eebie ifawsk, 3 7 1 fellee# o f w m tih part w!w» h e a t in 1 893.
A p ril, 1 89 5 , a ©otmotldatod. m o rtg a g e fo r $ 6 ,0 0 0 ,0 0 0 w a s
I*».A.f*.# A c .—Pof«»ei«6N8S 0«n. 24* 1 8 6 1 , and reorganlr**!. F rom J u ly I
it* 186®,
to |>«rp#mity to the- Penn. EE..; rental pay* In- i i*xised to retire th e $ 3 ,0 0 0 ,*«»0 Hr*!# o f 1.8-82 a n d p a y t o r e x t e n s io n
I, «tnkitnc fen d o f debt and 7 per cent on H ock. The le**** keep* i fro m B row n *villa * Pa., Into W est V irg in ia , and to fun d flo a tin g d e b t,
I la repair and pay takes* and
T tw profit to
t*m i T he bond.* a ro to tuwiro A ( f 4,000,0001 an d B ):#2,C>0O,iK)O), w ith d iltorlarge# hut to 1894 there wa# a Xmm ni $1,348.$38 and In 1895 a j e n tiliito # o f m a tu rity , b u t a re e q u a lly ro e u ro d . T r u s te e . G ira rd L ife
| In#. A n . A T f. C o. o f P h ila d e lp h ia .
io** o f #57,743.
E kktsrn*.—Y e a r ©tiding D ee. 3 1 , 1 80 3 , g r o »«, $ i .6 7 0 ,6 7 6 ; n et, # 6 4 5 ,C a r tr a k # p o c ic —T fe# tp e^ h d t o p r o r e m e a t *f,«-ek i» Im w n # to Pena*
; u s e d ch arge# , # 20 0 ,5 8 7 ; d iv id e n d * (3 p . c ) # 1 4 8 ,7 1 1 ; b a L ,su rp lu s *
iy lr a n t o B E fo r toaproTcineiita* A # ., u n d e r arttote I t o f !e a * e , w h ich
p rortd fti th a t t h e I «»«* r m a y iaaee *peeiai ho&da o r utoek,
v* 50, j», j # 2 0 6 ,5 0 3 , In 1 89 4 , g r o m , # 1 ,1 1 7 ,8 9 6 ; n e t, $ 4 2 3 ,2 0 4,
1.39, and w o r d in g o f e»4of8*ai«*itt In V* 50* p , 7 7 4 . T h e a p eelal etoek
P U t a h u r g A W u p w r a , * | l « M ap o f B a ltim o re < O h io .)—R o a d —
8
&
t* In ail reapeet* auhjeet to the general or prior atnek and " t o the
Liturn
in fm ~ ~
Mii-es. i I»*tued w u l co n tro lled —
M ilts,
iw k t o o f hoh lera o f p&iti genefikl «>? p r io r
t o h a v e d la tfth n ted to \ A lle g h e n y , P a., to M , Sew iekJy , 4 6 • Pitta. C le v e . A T o t o d o 7 . . . . . . . . 7 7
toetu in n n a rterly in *taln sento an a n n u a l d i m i e n d fu n d o f # 1 ,3 8 0 ,0 0 0 | fto e k P o in t ,P a ., t o N ew
11 | Pitta. P a lurovlll© A F a lr p o r t 1J. 5 3
A i e o f s t t l a m e .* O f ffitti
th e Penn, E E , J a n , 1 ,1 8 9 6 , o w n e d ! Prtaro to O fc w t h s t * . , . . . . , , , , ,
j E lw o o d S h o rt L in e—
$®-^348J50O. a n d P enn , Cm* # 7 ,5 4 3 .1 7 6 . ditto* J a n . 1, 1 8 9 1 , goAraua-’ f CaU ery J u n e , to B u t le r ... . . . . . . 13 | H .S e w lc k lc y t o R o ck P o in t.
3
taed *p*eiai *toek ha* been tamed for tat torment*; in 1892, $ 2 ,1 0 7 ,8 2 0 ; j 3 -ft, g a u g e line# to J e w e tt,© to . 134 i
-—
t o 1 8 9 3 ,# 1 ,9 1 6 ,2 5 3 ; t o 1 8 9 4 , $l,9i;*C20€h in 1 89 5 , rte&e,
23) I T o ta l (8 see this
.) ..........3 4 3
j (D o a b le t r a c k .................... .
T he 3 -fo o t g«uit© line* a re laid w ith 40-pm tnd r a il; th e re m a in d e r o f
B owd #,.—T he S fpt m o rtg a g e la to rorlee o f #§75*0tX? e a ch an d te c o jid
{ line* o w n e d with 6 6 to 79-pott'nd stool. C o m p a n y is said t o o w n n e a r ly
aaortgage o f
d*?#* o f t o t c a e it p a y m e n t o n r ^ h to
west o f March. 1994* Of U»e above l*t murtamr* tand*. $2,444,000. j the e n tire watcar fr o n t a t A lle g h e n y , P a ., 7 m ile s , w ith to n a tu a la . e tc .
and o f the *e»*ood in o ttg a g e $ 2 ,7 0 5 ,5 0 0 , a n d $ 2 ,9 ? 5 ,4 5 2 caeh* w ere held
OkOAirtkAfiOff,. E m —I n F eb ., 1 89 1 . th e R attfm oro A O h io b o u g h t
to the Kinking funds Jan. 1 , 1 696.
j $ 6 ,0 5 0 ,0 0 0 om am oB s to c k , a n d la M ay, 1893, bega n to use th e r o a d as
#WkPAL SffiPohT*—Bqpffirt fo r y e a r ending jDee. 31* 1.895, wa* in V. ' part- o f a th rou gh p a ss e n g e r ro u te t o C liica g o , V,’ 5 5 , p , 237.
W p. 1175. *l*owin# !o*» to
3L
:#57,743, agataet io** o f #1,281,633
R E C W K i w i i r b - O n M a rch 2 , 1 8 9 0 , P re s id e n t T h o m a s 51. K in g w a s
In 1894.—(V . 6 1 ,p . 872; V. 62, p. 1 1 7 5 *
a p p o in te d re c e iv e r , th e B. A O*, which, c o n t r o ls th e ro a d h a v in g g o n e
’
P it t *6 ti r « I ii n o t !*>*»,—Own* 6% mile* o f ttwek:* at Pittehtirg, in to roeeitfsni* h ands o n F eb . 2 9. R e c e iv e r s 1 ce r tittc a te s fo r $ 5 a 0 ,0 0 0
f m n , , eotta eetin g the
B aiB m ore A
O h io a n d th e Pitt«hi*rg h a v e been a u th o riz e d , s u ijje ct t o Men o f llrot m o rt. 4 s fo r 8 1 0 ,0 0 0 ,0 0 0 .
A We*tera, whteh rwtapatttaw to I 685* #groed to pay the Plttehurg
8Kcojfi> M OhtOMBt COttM tiTkft,—J o h n T . T e r r y , D u m o n t C la rk and
Jhaetlon $2 for each r o r p aw in g e v e r It* road* but charge rotluoed to F. S. Slid there,
#1 50 p er e a r when com pany'* t n e i earning* amount to $270,090 and
S io c it^ —-C o m m o n , $ 8*590,000, and o reforrod * # 5 ,0 0 0 ,0 0 0 , 5 p e r c e n t
to $4 pear tsar when grem reachee $300 ,18 m m any one year, fis 1895-96,
m
, >
n -ctu ou lative; b oth i n $ 5 0 shares C o n tro l held b y B a ltim o re A O h io.
fTO»*. $373*2lw ; n ot, # 2 0 2 ,3 3 7 . In 189 4 -9 3, serose, # 3 4 7 ,8 0 7 ; net,
BoiQML— F o r a b s tra ct o f f i r s t m ortgage, (tru stee. M oreau tite T ru st
^ 1 3 ,3 4 3 ; l»tero*tan d
#117,485, ssirplua, #93,856, in 1893-94,
cent are p a id 00 C om p a n y ) sen V. 4 5, p . 4 3 0 . S eeon d m o rtg a g e f o r $ 3 * 5 0 0 ,0 0 0 Is a first
preferred, o n co m m o ii In 1.895, 4 p ,
to 1 8 0 6 , SJ% p. c .; to 1 8 9 ? , M ar,, Men o n term in als a t 5 o iin g «to w n , O. O f th e $ 3,5 0 0 * 0 0 0 s e c o n d s g iv e n
im o u ts ta n d in g , 8 1 ,3 0 0 ,0 0 0 w e r e u n so ld J u n e 3 0 , 1 8 0 6 , b u t it-1.» u n d e r­
1 8 p. c. (V . 6 1 , p. 7 5 3 ; V. 63* p. s a )
. P l i i i b o h f 4k B a k e T r i e I t 14,— O w n# fro m .Pfltahurpr* P k » to s to o d th e y w e re p le d g e d f o r lo a n s. See d e s c rip tio n o f m o rtg a g e s , e tc,,
TonaBwpii&'Wn,0», #8 taltees hrmnch ttoee to Neweaetie, Pa. *3 m lloa; total p . 7 8 B m « M B j r r o f April*. 18-90,
Co u p o n s . In te re s t o n 2d m o r tg a g e 5s d u e M a y I, 1 8 9 6 , w a s n o t
ow n e d , 71 m llee ( o f w iu e t 6 6 d o a b le tra ck );
P u t*. M cK w »{K »rt A
Tough, (which see), 101 mil*?*, and B ra v e r A K U w ood IIIL, 2 ratio* ; p aid . F irs t (co n so l.) 4 s , in te re s t d u e Jim . 1, 1 8 9 7 , w a s p a id a t
total op etated , 174 m ltm . O w m $35O,00O- »t«wsk o f th e P itta . Chasrtter# m atu rity .
A 3’ough. The P. A L» E, isoperete*! in intero*t o f I*. 8, «k Mich. 80., | OfS.kkttAL Fnr a k c k s .—-On J u n e 3 0 . 1 89 6 , th e re w e r e rea l e sta te m tgea,
w hieh
tto e k . T h e r e w ere in I>eee»nher, 1 8 9 5 , #030," # 3 1 2 ,3 7 5 ; bills and a cco u n ts p a y a b le . # 2 ,8 9 5 ,1 7 4 ; o u r ren t lia b ilitie s ,
087 real ro ta te m art stage*.
# 5 3 0 ,5 8 1 . C o n tr a : A d ra n e e s to su b sid ia ry ro a d s, # 1 ,0 4 4 ,9 4 7 ; m a te r­
© m pR w rK *,-- f 166 6 ^ 91 .
1 89 2 . 1 8 9 3 , hat89a . 1893* 1 89 6 .
1 d4
1897. ia ls, e t c ., o n h a n d , # 1 2 5 ,4 6 0 ; c u r r e n t a ssets, $ 71 3 ,6 6 3 . In te re s t is
P e r t e s t . C6 y e a r ly .
9
1 0 F e b ,5% gu aran teed o n $ 1 ,2 5 0 ,0 0 0 P itts. P a in e sv llle a F a irp o rt b o n d s. C ar
Be fort .—For year ending I>ec. 31, 1896. gr*»*s. #4,501,421; tru sts J u n e 3 0, 1 896, # 5 2 4 ,6 4 9 , cm w h ic h p a ym e n ts h a v e b e e n a r­
net, §1^38' .
, K e p o r t fo r 1 8 0 5 w a * In St. 6 2, p. 0 8 0 . ib o w i.u g grows ra n g ed to e x t e n d o v e r a series o f y e a rs , V. 6 4 , p . 84.
E a h !0N 0S .—5 m o n th s , < 1 8 9 0 ........G r o ss , $ 1 ,2 2 0 ,2 4 5 ; n e t, $ 4 3 4 ,7 0 4
earning* # 1 ,704 ^ 3 6; net. #1,314,759 ; other incom e. $16,378; InterJ u ly 1 to K o v . 3 0 .
> 1 895 ........ .G r o s s , 1 ,4 2 3 ,4 3 5 ; net, 4 0 3 ,5 7 8
rot, $ 2 ^ 0 ,0 0 0 ; ren ta l P. MeSr. a
$ 4 0 2 ,3 7 9 ; L. 8. A M. 8. s h a re P.
J an . 1 to A p r. 7 , 3t| in os., g ro ss , $ 5 8 6 ,0 1 2 in 1 89 7 ; $ 6 2 8 ,8 0 0 in 1 89 5
M cK . A T . p r o 0 t (%>, # 3 4 3 ; d iv id e n d (4 0 p. c .), $ 4 0 0 ,0 0 0 ; bat., ear*
ptiM ,$248,215* l a 1 8 9 4 , g roro. # 3 ,8 * 0 ,1 7 5 . (V . 6 4, p. 2 3 0 . )
R e p o r t .— Pisea l y e a r e n d - J u n e 3 0 . R e p o r t f o r 1 8 9 5 -9 6 w as g iv e n
P J t t a h u r g 9K>.Keea|N>rt 4k F o w g h l o g l a e f i y . —O w n s fro m P itt*, In V. 0 3 , p. 1 11 1 , s h o w in g e a rn in g s as f o llo w s on th e s y s te m , in c lu d ­
to I f , H a ven , F a ,,5 7 to*; M nKeroport. t o F a y e tte Cdty, P a ., 3 1 m ile s ; in g le a s e d l i n e s ;

S ntm m t on h o o d s..____ . . . . . . . . $ 2 ,5 2 2 ,1 3 0
8 1 9 ,9 6 3
ffiasst*!* paid — . . . . . . . . . . . . . . . .

$ 2 ,4 0 7 ,5 8 2
8 1 3 ,8 3 8
3 8 ,7 6 2
15.428

1

1

f

750 000

230.000

,200

1

4
801

0

0
0

00

10

4061

10

10

IlWESTOES 5 SUPPLEMENT.

n o

[V ol . l s v ,

B o nds—Princi IN T E R E S T O R D IV ID E N D S .
RAILROADS.
M iles j D a te ] Size, o r
pal,W hen Due.
A m ou nt
R a te p er W hen .W here P a y a b le , an d b y Stocks—Last
of
I Par
of
F o r e x p la n a tio n o f colu m n h ea d in gs, & c,, see n o t e s
O u tstan d in g Cent.
P a y a b le
W hom .
R oad . JB ond s V alu e.
o n first p a g e o f tallies.
Dividend.

1

P ittsb u rg if
— f C on clu d ed } —
2 d m ortg a g e fo r $ 3,5 0 0 ,0 0 0 , g o l d ......................... o*
F o x b u r g B rid g e Co, 1st M .,g u a r a t it e e d fc 'P . & W.
3
E llw o o d S h ort Lino, 1st M ., gold , gu. b y P. & W .
Pittsb. Youngsl. d) A skin g.— Com . stock , $ 2 ,0 0 0 ,0 0 0
125
125
P re ferred s tock , $ 2 , 0 0 0 ,0 0 0 ... .___ . . . : ........ .
62
A sh ta b u la St Pittab. 1st M.. Y 'n g s t'n to Asbt.o*«Sa*
125
C onsol, m ort. (fo r $ 1 ,0 0 0 ,0 0 0 ) a. f. 1 p.ii., n ot dr.n"
P o n tia c O xford d- W o rlh cm — 1 st M „
9 * 0 0 ,0 0 0 .6 '
P i. Jervis il/mtieelto d W. Y.— 1st M „ ($ 2 2 5 ,0 0 0 ) goltli
P o rtla n d it R ochester.—S tock , $ 0 0 0 ,0 0 0 '.......... . . . . .
T erm in a l b o n d s (no rn tge.), iut, gu ar. B . A M . . . . c
PorU . it: It. F a lls.—S t o c k ................................................... 1
I s t M ., red . F eb . 1 ,1 8 0 7 ....................................... c u r .o
2 d M ..re d , O et, 1 ,1 8 9 7 (first o n 1 2 m s.)___ g o ld .e
3d M ., red. J u n e 1, 18H5...............................................
64
C onsol, m ortga ge, $ 1 ,0 0 0 ,0 0 0 , g o ld ....................... *o
51
Portland Saco a: Portsmouth—Stock (guar, by rental)
20
P ort R ea d in g.— 1st M „ g., guar, b y o ld P .& K ___e*&r
Portsm outh < D over—S tock, 6 p. c. gu ar. E ast, Mass.
b
15
Potom ac V alley—1 st M. $ 2 ,0 0 0 ,0 0 0 , g old tguar..o*ifer
P r o s p .P k .d U .1 — 2dM . n o w -ls t ($ i6 0 t0 0 0 a re 6s)o* &r
3d m ort., now 2 d, g o ld ($ 10 4 ,0 0 0 are (Is)........e*<fcr
In co m e b o n d s, n o n -e u in ........................................— | . . .
30
p ro vid en ce <2 Springfield— 1st M . g o ld ......................o '
51
P rovid en ce & W orcester—S to c k (10 p e r c e n t re n ta l).
51
1st m o r tg a g e .................................................................. e ‘
Q u aicy Omaha if K a n sa s City—P re f. 1st m ortgage.| 134
1 st m o rtg a g e .................................................................. . . ! 1 3 4
134
D o. d e p o s 'd (1 -OJj int. till Sent. 1 2 ,’ 9 7i th en 2-4% )
Q u incy Jilt. B rid g e Oo.—S to c k .........................................j

1891
1 88 2
1 80 0
1878
1 887
1896
1 894
...
1 892

100
__

1892
1893
1894
1896

__

1891

11
10
10

l o June 3 0 —
Gross.
Wet.
1 8 0 5 - 9 6 ...................... $ 3 ,0 9 1 ,3 0 2 $ 9 8 1 ,2 2 3
1 8 9 4 -9 5 .................
2 ,8 6 7 ,8 9 2 9 1 6 ,66 3
— ( V. 6 3, p . so,
; V . 6 4, p . 84.)

1891
1886
1891
1 892
1 877
1 88 7
1 887
1 887
1

1$ 1,000
1,000

1941

5 g. M. & N. N o v ,, ’ 9 5 , co u p , la s t p d . M a y 1,
M . & S. N . Y ., U n io n T ru st Co. S ept. , 1902
3 0 0 ,0 0 0
5 g. F. & A .
N e w Y 'ork C ity.
A u g ., 1920
50
1 ,3 3 3 ,3 4 2 S ee te x t. M . & S. N. Y . , F a rm . L. & T r. Co. M ar. 25, ’ 9 7
S.
50
1 ,7 0 0 ,0 0 0 7 p e r an. M . &
. J T Y ., F a r. L. & T r. Co. M a r,25 ,’ 97,3k>F. & A. P h ila ., F id e lity T r. Co. A u g . 1, 1908
1 ,5 0 0 ,0 0 0
1 ,5 6 2 ,0 0 0
M. A N. N. Y ., F arm . L . & T r. Oo. Nov. , 1927
5
S.
3 0 0 ,0 0 0
g. J . & J, 1 T Y . M erc'Je T ru st Co. J u ly
, 1916&o.
2 2 5 ,0 0 0
4*sg. J. & D. N . Y ., C ent. T ru st Co.
J u n e 1,
5 9 2 ,0 7 0
J. T 5 -J .
la n .1 5 ,’ 9 7 ,3 %
4
A . & O. B o sto n , iso r th N at. B k, O ct.
500
1 1 3 ,5 0 0
, 1907
B o sto n .
Q .- M .
,
5 in ’ 96
M ar, 1 5.’ 97.1 (A
F , & A . B oston , 014 C o lo n y Tr, F e b . ’ 97-1912
4 3 8 ,0 0 0
5
do
do
5 g. A . tte O,
O ct, ’ 97-1912
do
do
5
J, & D .
1 89 5-1904
do
do
2 5 0 ,0 0 0
M. & N.
N ov. 2, 1 9 2 6
&
•
1 ,5 0 0 ,0 0 0
p e r an. J. & J. B o sto n , T reastir. Office, J an . 15,’ 9 7 ,3 %
1 ,5 0 0 ,0 0 0
5 g. J . & J.
P h ila d elp h ia .
Jan . 1, 1941
7 6 9 ,0 0 0
p e r a n J. < J. P o rts m o u th , T reasurer. J a n ., ’ 9 7, 3 %
fe
1 ,0 0 3 ,0 0 0
5 g. J. & J. B a ltim ., O ld T o w n B k, J an . 1, 1941
5 0 0 ,0 0 0
F . & A . N. Y ., C orb in B ’ n k g Co. F e b , 1, 1926
&
do
do
4 Q A 6 g . M. & S.
M ch. 1, 1931
2 5 0 .0 0 0
M a y 1, 1920
7 5 0 .0 0 0
5 g. J , & J. P ro v ld ’ ce , G lo b e N. B k, ■July , 1922
p e r an Q .—M.
P r o v id e n ce , Office.
3 ,5 0 0 ,0 0 0
D o.31’9 6 , 2 ^
1 ,5 0 0 ,0 0 0
A . & O. P r o v .,R .I.H o sp .& T r.C o . O ct. 1, 1897
J. & D. N .Y ., G ilm an , S on & Co. D e c. 1,
2 5 0 ,0 0 0
5
J . & D. T u n e’ 9 0 co u p , la s t p aid . D ee. 1, 1917
| 1,489,2401 1*6 t 5 2*4 M .12 & S N. Y ., G ilm an , S o n & Co.
o
See text.
B o sto n .
p , an. J. & J.
1 ,7 5 0 ,0 0 0
J an . 1 /9 7 , 5%

1,000
1,000
1,000
100
100
100
1,000
1,000
1,000
100
1,000
100
1,000
1,000
1,000
1,000
100
1,000
1,000
1,000
1,000
100

h it . a taxes.
B a la n ce.
$94.0,971
sur.$ 3 5 ,2 5 2
9 3 0 ,7 5 3
d e l. 14,0 90

$ 3 ,5 0 0 ,0 0 0

6

100,000

0
6
6

100 0
0 ,0 0
20
0,000
100,000

200,000

1

,3

8

1
1

1944

1

4
6
6
.1
413 6

10

1

6

1917

10

P o r t R o y a l & A u g u s t a .— P o r t R o y a l & W e s t e r n C a r o l i n a ,

—M e rg e d in th e C h a rle sto n & W e ste rn C a ro lin a B y .— w h ich see.
P o r t s m o u t h Sc D o v e r . —P o rts m o u th , N. H ,, l o D o v e r , N. H ., n
m iles. O p en ed F e b ru a ry 1 ,1 8 7 4 , an d le a se d f o r fifty y e a rs to E astern
P i t t s b u r g T o u n g s t o w n 6 c A s l i t a b u l a I£.11.—O w ns K e n w o o d
N ew H a m p sh ire a t 6 p e r ce n t p e r a n n u m o n th e s to c k , r e n ta l gu aran ­
P a ., to A sh ta b u la H a rb or, O., 99 m ile s ; N iles to A llia n ce J u n otio n , O., te e d b y th e E a s te rn R R . o f M ass, L ea se a ssu m e d b y B o s t o n & M aine.
2 5 m iles ; C anfield B ra n ch , 1 m ile ; tra ck a ge, 3 m iles. T ota l, 128 m iles
P o t o m a c V a l l e y R R . —O p e n e d in S e p t, 1 8 9 3 , P o t o m a c V a lle y
O r g a n iz a t io n .—Lea sed fro m A u g u st 1 ,1 8 8 7 , to P en n sy lv a n ia C om ­ J u n e ,, M d., t o C h erry R u n , W . V a ., o n th e B. & O., 1 4 m iles, anil
p a n y. w h ich Jan . 1 ,1 8 9 6 , o w n e d $ 3 7 5 ,0 0 0 co m m o n a n d $ 1 ,5 5 0 ,0 0 0 p r e ­ fr o m P o rte rs , P a ., to Y o r k , P a ., 1 6 m .
L e a s e d t o W estern M a ry la n d ,
fe rre d stock ; ren ta l n et ea rn in g s. L ea se m a y b e term in a ted a t o p t io n the b o n d s h a v in g p rin c ip a l a n d in te re st g u a r a n te e d , jo in tly a n d s e v e r­
o f e ith er p a rty o n on e yea r’ s n otice.
a lly ; b y th e W estern M a ry la n d R R. Co. a n d th e B altim ore & H a rrisb u rg
R R . C o., a n d b e in g s o en d orsed . E a rn in g s f o r y e a r e n d in g S ept. 30
D ividen ds . ) 1 890.
1 891.
1 89 2 to 1 89 5 .
1896.
1 897
C o m m on , p , et. J 2%>
3
y e a rly .
%
M ar., 3 p . c. 1 8 9 6 ; G ross, $ 1 5 3 ,0 4 7 ; n e t, $ 9 1 ,8 2 1 . I n 1 8 9 4 5 , g r o ss , $ 1 4 6 ,1 9 2 ; n e t
$ 8 8 ,9 2 4 . (V. 5 2, p . 121 .)
O n p re fe rr e d , 1 88 8 t o M ar., 2 5 ,1 8 9 7 , 7 p e r ce n t y e a r ly (M. & S.)
P r e s c o t t & A r i z o n a C e n t r a l . —S eligin an t o P r e s c o t t , A riz o n a
B onds .—B on d s o f 1 88 7 (tru stee, F a rm e rs ’ L oa n & T ru st C o.) a re r e ­ 7 3 m ile s. N o lo n g e r o p e ra te d . W , N , K e lly , r e c e iv e r , (V . 6 2, p . 84.)
s e rv e d t o retire d iv isio n a l boud s; L a w re u ce R R . firs t 7s due A u g . 1,
P r o s p e c t P a r k Sc C o n e y I s l a n d . — O w ns f r o m 9 th A v e n u e and
1895, -were p a id , b u t tu D e c . n o co n so ls h a d b een issu ed th e re fo r. A
s in k in g fu n d o f 1 p e r ce n t p u rch a ses b on d s o f 1 88 7 a t p a r, i f o ffe re d . 2 0 th S treet, B r o o k ly n , t o C o n e y Isla n d , e t c ., 6 m ile s ; lea ses t o Coney
Isla n d P o in t , e tc., b> m il e s ; o th e r, 1 m ile ; tr a c k a g e , P a rk y U le to B ay
E arnings .— 2 m on th s, ) 1 8 9 7 ..............G ross, $ 1 2 1 ,9 5 3 ; n et, $ 2 7 ,6 3 8
R id g e, 3*2 m il e s ; t o ta l, 13 m iles. S to c k Is $ 2 5 0 ,0 0 0 ; p a r, $ 10 0 .
J an . 1 to F e b . 28.
$ 1 8 9 6 ............C ross, 1 4 2 ,4 6 2 ; n et, 1 5 ,8 5 2
H is t o r y .—T h e L o n g I s la n d R R . a cq u ire d c o n tr o llin g in te re s t in stock
I n y e a r e n d in g Dee. 3 1 ,1 8 9 6 , g r o ss , $ 1 ,3 8 3 ,1 0 0 ; n et, $ 4 8 5 ,7 3 3 ; in t ., in 1 8 9 3 , an d in co n sid e ra tio n o f a g u a r a n ty b y t h a t c o m p a n y , annual
e tc., $ 2 6 0 ,0 3 0 ; b a l, fo r d iv id en d s , $ 2 2 5 ,7 0 3 . In 1895, gross, $ 1 ,7 4 1 ,8 1 9 ;
in te re st o n th e g r e a te r p a rt o f P . P . & C. I .’ s b o n d e d d e b t w a s red u ced
net, $ 7 2 9 ,7 6 8 ; in terest, e tc., $ 1 8 0 ,7 5 8 ; d iv id e n d s (7 p . c. o n p re fe rr e d fro m 6 a n d 7 p e r ce n t t o 4 !s p er ce n t. See V . 56, p . 4 2 ; V. 6 2, p ,
.
and
p . e. o n co m m o n ), $ 1 9 8 ,7 4 6 .—(V . 63, p. 2 6 .)
O n S ept. 3 0 ,1 8 9 6 , th e re w e r e $ 2 4 2 ,0 0 0 lo a n s a n d b ills p a y a b le . F irst
P l a n t S y s t e m . —<See maxi S a va n n a h F lorid a dt W estern .) —T h is s y s­ m o rtg a g e b o n d s f o r $ 5 0 0 ,0 0 0 due J an . 1 ,1 8 9 5 , w e re p aid .
te m , s o -ca lle d b eca u se o f th e la rg e in terest ow n ed in it b y th e P la n t
Y ea r—
Gross.
Wet. O ther in co m e. I n t., taxes,eta.
B a lan ce.
In v e s tm e n t C om p a n y , o f w h ich IT. B . P la n t is P resid en t, un ites C har­ 1 8 9 5 -6 .- ..,$ 1 2 9 ,7 5 7 d f.$ 1 6 ,9 8 4 .$ 2 7 ,7 6 1
$ 8 0 ,6 5 9
d e f.$ 6 9 ,8 8 2
le s to n , S. C. w ith M on tg om ery , A la ., an d also w ith T a m p a an d o th e r 1 8 9 4 -5 ........ 1 3 9 ,3 6 6
1 9 ,0 1 9
2 2 ,3 0 1
6 5 .9 8 0
d e f. 2 4 ,6 6 0
F lo rid a p oin ts. T h e system in clu d e s th e fo llo w in g roa d s, d escribed — (V . 59, p . 3 7 6 , 9 2 0 ,1 1 0 5 ; V. 6 1 , p . 4 6 9 ; V . 6 2, p , 187 .)
u n d er their o w n titles, e x c e p tin g th e B r u n s w io k & W estern in clu d e d
P r o v i d e n c e Sc S p r i n g f i e l d .—P r o v id e n ce , R . I „ t o D o u g la s, Mass,*
w ith S a v a n n a h F lorid a & W estern :
o n th e N e w E n g la n d m a in lin e, 3 0 m iles. S to c k Is $ 5 1 7 ,4 5 0 (par, $ 1 0 0 ) >
M i'es.
M iles.
S a v a n n a h F lo rid a & W este rn 8 *9 F lo rid a S ou th ern ....................... 247 m o s tly o w n e d b y th e N .Y . N e w H a v e n & H a rtfo rd . V .6 1 , p .1 0 1 4 . R o a d
C h a rleston & S a v a n n a h .......... 133 S a n ford < St. P e te rs b u rg ...... 1 52 leased (term s m o d ifie d in J u ly , 1 89 6 ,) t o N e w E n g la n d R R . t ill J u ly
fc
B r u n s w ic k A W e ste rn ........... 171 St. J o h n s & L a k e E u s tis ................... 4 81 ,1 9 8 9 , a t 4 p e r cen t o n stock . See V, 6 3 , p . 3 0, a n d N e w E n gla n d
R R . r e p o r t V . 6 3, p . 698 . T h e b o n d s w e r e g u a r a n te e d b y th e N. Y. &
A la b a m a M id lan d ..................... 235
N e w E n g la n d . I n 1 893 gro ss, $ 1 8 2 ,4 5 0 ; n e t, $ 2 8 ,0 7 3 .— (V. 6 3, p. 30.)
S ilv e r S p rin gs O cala & G u lf.
T o t a l........................................1 ,941
P r o v i d e n c e Sc W o r c e s t e r R R . —O w n s fr o m P r o v id e n ce , R . I., to
P o n t i a c O x f o r d & N o r t h e r n K i t . - O perates r o a d fr o m P o n t ia c ,
M tch ., t o C a sev ille, M leh., 1 0 0 m iles. S u cce s s o r t o P o n tia c O x fo r d & W orcester, M ass., 4 4 m ile s , o f w h ic h 5 m iles a re o w n e d jo in t l y with
P o r t A u s tin S B ., so ld in fo r e c lo s u r e in 1889. C apital s to c lc is $ 1 ,0 0 0 ,- B o s to n & P ro v id e n ce ; b ra n ch e s, 7 m ile s ; t o ta l o p e ra te d , 51 m iles;
F rom J u ly 1 , 1 8 9 2 , le a se d f o r 9 9 yea rs a t 1 0 p e r ce n t p e r a n n u m on the
0 0 0 , a ll h eld b y th e H a le E state in N e w Y o rk . B o n d s fo r $ 1 0 0 ,0 0 0 a re
h e ld in tru st uutil n et ea rn in g s a re $
p e r annu m . M o r tg a g e s to c k to th e N. Y . N, H. & H a rtfo rd . E x t r a d iv id e n d o f 41s p e r ce n t
w a s p a id o u t o f assets in M arch, 1893. N e w 6 p . c. b o n i s f o r $ 1 ,5 0 0 ,tru s te e . M erca n tile T ru st C o,, Jf. Y, l a y e a r 1896, gross, $ 1 1 8 ,2 2 8 ;
net, $ 3 7 ,1 9 2 . I n y e a r 1 895, gross, $ 1 1 0 ,0 2 4 ; n e t, $ 3 7 ,1 5 5 ; in te re st, 0 0 0 w e r e a u th o riz e d in D e ce m b e r, 1 89 6 . t o re tire a lik e a m o u n t o f 6s
$ 2 ,2 5 0 ; d iv id en d s, $ 3 5 ,0 0 0 ; b a la n ce, d eficit, $95 . D iv id en d s: In 189 , d u e O ct. 1, 1 89 7 . V . 6 3, p. 1 06 4 . F o r y e a r e n d in g J u n e 3 0 ,1 8 9 6 ,
1 p . .; 1 89 1 , 3 p . c .; 1 89 2 , 4 p . c.; 1 89 3 , p. e»; 1 89 4 , 4 p . c .; 1 8 9 5 , 3 % to ta l in co m e w a s $ 4 4 7 ,5 7 4 , a g a in st $ 4 4 7 ,3 6 1 in 1 8 9 4 -9 5 ; s u rp lu s a fte r
e x p e n se s, ch a rge s an d 1 0 per- ce n t d iv id e n d s , $ 2 ,1 0 9 . T o ta l s u rp lu s
p . e. P resid en t, H u g h P o rte r, N. Y.
J u n e 30, 1 8 9 6 , $ 2 1 3 ,1 7 5 . (V. 5 6, p . 8 3 ; V . 63, p . 1 06 4 ,)
P o r t J e r v i s W o n t i c e l l o Sc N e w Y o r k . —O w n s fr o m P o r t J e rv is ,
R u e e n A n n e ’ s R R — P ro je cte d fr o m Q u e e n sto w n , M d. (on Chesa­
W. Y,, to M on tic-d lo, ST. Y „ 2 4 m iles, an d H u g u e n o t t o S u m m itville, 1 8
m iles. S to c k a uthorized , $ 5 0 0 ,0 0 0 ; ou tsta n d in g , $ 4 0 9 ,1 0 0 ; p a r, $ 10 0 . p e a k e B ay , O pposite B a ltim o r e ), t o L e w e s , o u D e la w a r e B a y , and ReIn A p ril, 1 890, lo a n s a n d bills p a y a b le , $ 7 ,4 5 1 ; ca r trusts
p e r c e n t . h o b o t liB e a e h o u A tla n tic O ce a n , a b o u t 6 0 m ile s . C o m p le te d fro m
$5,5 6 4
>
2 y e a rs ), $ 5 ,5 64 . In ------------ • ’in g ‘ T------ 30," 1 89 6 . g r o s s ' ----- -,5 5 3 fn e t,’ Q u een stow n to ELlendale, a b o u t 4 0 m iles, iu M a rch , 1 89 7 . I t is said
y ea r e n d — J u n e
$49 —
th e r o a d w ill b e b o n d e d fo r $ 1 2 ,0 0 9 p e r m ile a n d s t o c k issu ed a t sam e
$ 9 ,9 2 4 ; ch arges,, $ 1 4 ,8 8 3 ; b a la n ce, d eficit, $4,9 59 .
ra te. P re s id e n t, W illiam II. B o s le y , B a ltim ore,
P o r t l a n d <fc R o c h e s t e r R R . — O w ns r o a d fr o m P o rtla n d , Me
Q u i n c y O m a h a & K a n s a s C i t y , —W e st Q u in cy t o T re n to n , M o,
t o R o ch e s te r, N . H ., 5 4 m iles. S to c k (a u th orized , $ 60 0 ,0 0 0 ; p a r $100)
134 tu lles; tra ck a g e (C. B. & Q.), t o Q u in cy, 3 m iles.
issu ed $ 5 9 3 ,0 7 0 . L oa n s an d b ills p a y a b le J u n e 30, 1895, $59 0 0 0
S a l e .—F o re c lo s u re sale is se t f o r A p r il 2 4 ,1 8 9 7 . V . 64, p. 181.
T erm in a l b o n d s issue lim ited to $ 1 1 3 ,5 0 0 ; th ere is n o m o rtg a g e b u t
a n y su b seq u en t m o rtg a g e is t o p r o v id e fo r th ese b on d s. In te re s t o n
R e o r g a n iz a t io n —C o n s o l id a t io n —I t is p r o p o s e d to co n so lid a te th e
th e term in al b on d s is gu aran teed b y th e B oston & M aine, D ivid en ds Q. O . & I-C >}. w ith th e r e o r g a n iz e d O m a h a & 8 t. L o u is ; th e Q. >. & K.
.
s in ce J u ly , 1886, to J a n u a ry , 1 89 7 , in clu siv e,
p , c. p e r annum .
C. n o n -p r e fe rre d b on d s t o r e c e iv e e ith e r 7 0 p. c. in o a sh o r 30 p. c. in
_ JpARJvJNGS-— Hot- y e a r e n d in g J u n e 30, 1896, gross, $ 26 3 ,2 9 7 ; net, n e w firsts a n d 4 0 p. c. I u 2d m o r tg a g e in co m e s o f th e co n so lid a te d
$ 6 2 ,1 7 9 ; o th e r in com e, $ 2 ,1 2 7 ; ta x e s , $ ,
; d iv id en d s , $ 3 5 ,5 2 4 ; b a l­ co m p a n y , and iu p u rsu a n ce o f this p la n th e O m a h a K . C. A Eastern
a n ce , surp lus, $ 2 3 ,4 3 7 . In 1894-5 g ross, $ 25 6 ,4 4 9 ; n et, $ 6 3 ,2 4 7 .
w a s fo r m e d t o a cq u ire th e Q. O. & K . C. V. 62, p. 4 1 , 5 9 0 , 822. See
P o r t l a n d & R u m f o r d P a l l s R y . - O w n s ro a d G ilb e rtv ille to K . O. 6s N orth ern C o n n e c tin g R y., this S u p p l g h e i t .
O f n o n -p r e fe rre d b o n d s o f $ 1 ,4 8 9 ,2 4 0 . th e re a re o n d e p o sit w ith the
R u m tord F a lls a n d A u b u rn , M e., 26 m iles; lea ses R u m fo rd F a lls &
B uckfielil R R ., 27 m ile s ; tra ck a g e (M aine C entral) to L ew iston , 4 G u a ra n ty T ru st C o., su b je ct t o th e v a rio u s a greem en ts, $1,416,640.
W hen p u rc h a se d a t sa le th e Q, O, & K , C. is t o b e le a se d t o a syn d ica te
m iles; to ta l o p era ted ;>7 m iles. O rga n ized in 1 89 0 .
(re p re se n te d b y G ilm an , Sou & Oo. o f N e w Y o r k ) u n til S ept. i 2 , 1900,
Sto c k .—C a p ita l s to c k , $ 1,0 0 0 ,0 0 0 : p a r $ 1 0 0 ; in M a rch , 1 89 7 , p a id f o r in te re s t o n p r e fe rr e d b on d s, ($ 1 2 ,5 0 0 p e r a n n u al) a n d o n uon -pred iv id e n d o f l p. c. B o n d s .— The co n so l, m o rtg a g e o f $ 1 ,0 0 0 ,0 0 0 was rerred b o n d s 1-6 p e r c e n t u n til S ept, 1 2 ,1 8 9 7 , an d 2-4 p e r ce n t there- j
issu ed f o r re fu n d in g a n d fo r o th e r p u rp oses. Tn A p ril, 1 89 7 $ 2 5 0 000 a fte r ; also ta x e s and ch arges. Y . 64, p . 8 4. In te re s t u n d er proposed j
co n so ls w ere ou tsta n d in g , b u t no p rio r b on d s h a d been ca lle d fo r nav- le a se
d e p o s ite d b o n d s w a s p a id March. 1 2 ,1 8 9 7 . Y . 6 4 , p . 470.
m ent, th ou g h a ca ll w as e x p e c te d p rio r t o A u g, 1, all th e b onds b e in g
1
S ept. 3 0, 1896 (9 m o s.), g ro ss, $ 2 2 1 ,0 3 6 , against !
re d e e m a b le m o r b e fo r e 1897. J u n e 3 0 ,1 8 9 6 , n otes p a y a b le , $ 2 1 9 ,4 7 7 .
$ 1 8 9 ,8 o 4 . Y e a r 1 89 5 g ro ss , $ 2 6 1 ,3 2 0 , a g a in s t $ 2 3 8 ,5 7 0 in 1894.
A nnual R e poet, — R e p o rt f o r 1895-6 w as in V . 63, p . 5 0 2 .
A n n u a l R e p o e t .—R e p o rt f o r fisc a l y e a r e n d in g J u n e 3 0 ,1 8 9 5 , was i
Y ea r—
Gross.
Wet.
I n t..ta x .,e tc .
n vulends, B a l « « - in v . 6 1, p . 515 . E a rn in g s h a ve b e e n as f o l l o w s :
1 8 9 5 -9 6 ....... $ 2 1 1 ,9 0 6
$ 3 6 ,8 3 7
$ 4 6 ,5 0 7
(5* $L 5,000
$25 330
Yef.
In terest. Taxes, etc.
B alan ce.
1 8 9 4 -9 5 ....... 1 7 3 .35 0
7 2 ,4 5 8
41886
(5) 13 8 0 0
16 772
......... $ 2 8 9 ,7 4 1 $ 1 1 2 ,1 1 1
.---------$ 2 4 ,2 7 6 --------,
su r.$ 8 7 ,8 3 5 ;
- ( V . 63, p . 5 0 2 , 9 7 0 ; V , 6 4 , p 2 35.)
’
18 9 4 -5 .......... 2 4 3 ,5 7 5
6 4 ,2 0 7
$ 1 2 ,5 0 0
1 3,8 53
sur. 37,854
S a c ® A P o r t s m o u t h . — P ortla n d , M e., t o P o rts m o u th , —V . 6 3, p . 190 , 4 5 9 , 1 1 1 6 ,1 1 5 9 ; Y . 6 4 , p . 8 4 , 1 8 1 , 470 .
N . II.. 51 m iles. I t w a s le a se d M ay 4 , 1871, In p e rp e tu ity to th e E a st­
Q u i i i e y BL££.. B r i d g e n o , - O w n s b r id g e 1*43 m iles lo n g o v e r the 1
'
e rn R ailroa d . M ass, (n o w m erged in B oston & M a in e), a t 10 per ce n t
M ississip p i R iv e r a t Q u in cy , 111. L e a se d J an . 1 ,1 8 6 9 , f o r 100 years to f
o n sto ck . L ea se r e n ta l c h a n g e d M a y
, 1877, an d n ow
p e r cen t.
0* B . & Q., T o le d o W abash & W estern (n o w o u t o f e x is te n ce ) a n d Han. j
P o r t R e a d i n g . —O w ns
m iles o f r o a d , c o m p le te d in S ept. 1 892 ntb al & St. J o se p h ra ilro a d s a t a n n u a l r e n ta l o f $ 1 7 5 ,0 0 0 , which
fro m B o u n d B rook , hr. J, to S taten Is la n d S ound, w h ere ex ten siv e e q u a ls 1 0 p e r ce n t o n th e stock .
term in als w ere i^ ta b h sh ed .
C apital s to c k a u th orized $ 2 ,0 0 0 ,0 0 0 —
J K a le ig fc Sc A u g u s t a A i r I > iu e .~ O w n s fr o m R a le ig h , N. G , t o j
o u tsta n d in g , $ l ,o 6 o ,0 0 0 , par $
, all o w n e d b y R ea d in g C om p a n y ,
H am let, N. C., 9 7 antes; H a m le t t o G ib so n , 1 0 m ile s ; leasee Mon- j
$ 1 ,5 5 5 ,0 0 0 beitM: d ep osited u n d er its g en era l m o rtg a g e o f 1897. “ O ther cu re t o Pltfesboro, 12 m ile s ; to ta l, 119 m iles. C on trolled by Raleigh &
in d e b te d n ess,” $ 2 4 7 ,4 8 1 J u ly 1 ,1 8 9 5 , (V . 55, p. 5 4 4 . 639 . 080.)
G a sto n , w h ic h J a ly 1 ,1 8 9 3 , o w n e d $ 7 7 2 ,2 0 0 s to c k , an d so b y Seaboard j

1111

6

6

2

187

6

66

10,000

0

0

6

(6

6

5 345

1

01
1

21

20

6

100

i

A R ,, 1 9 .1
P U 87

KAILROAD STOCK.8 AND

11?

BONDS,

S u b s c r ib e r s w i l l c o n f e r a g r e a t fa v o r b y g iv in g I m m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e d In th e s e T a b le s .
Bond$—P rln o lBA ILROA.ua.
IN T E R E S T O R D IV ID E N D S .
M iles D a te S ize, o r
p a l.W h e u D u e.
A m ou nt
of
Par
Par e x p la n a tio n o l c o lu m n h ea d in g s, A c., see mideal o f
O u tstan d in g R ate per W hen W here P a y a b le , a n d b y Stocks—L a st
o n Ilrst p a g e o f tables.
R oa d , B on d s V alue.
P a y a b le
W h om .
D iv id en d .
Cent.
Saleifih •i A u gu sta —1 s t M .,fu n d ’g ,g u .p .* i..K . A G .o '
S eab oa rd A ir ine, Ser. A . B A U (p a rt is s u e ). . . .
B aieivh d Sttninn—1st m o r tg a g e ................................... c
m o rtg a g e . S I.5 0 0 ,0 0 0 , g o l d .........................................j
8eu.il. -Air L ine E qu ip ., s e r. A , B , C , (part iss u e )..
B eading & Coium tna— 1st m ortg a g e (Bartended)..
2 d m o rtg a g e , c o u p o n (ex ten d ed in 1 8 8 4 )............. c
D eism Hire*........................................................................ e
B e n d in g C o n tp e m y —C om m on s to c k , $ 7 0 ,0 0 0 ,0 0 0
P ref. s to c k '$ 2 8 ,0 0 0 ,0 0 0 is 1st p f.) 4 p .c . nou-oum !

107
.. .
97
....
....
40
40
....

01
*

O ld

l 't i i l ...

A

B ea d .

6
1886
$1,000 $ 1 , 0 0 0 ,0 0 0
2 0 3 ,83 3
5
*9 3 -'9 6
; 1873
(
«
1,000
! 1897
,000 l 1 ,2 0 0 ,0 0 0 i
5 g.
5
; 1 8 9 0 -6
1 .0 0 0
2 28 ,33 3
1 8 6 2 1 0 0 A c,
5
6 5 0 ,0 0 0
1 1864
1 .0 0 0
3 5 0 ,0 0 0
5
1 ,0 0 0 ,0 0 0
6
1 1877
50
6 9 , 0 0 0 ,0 0 0 T o b e in
50
7 0 ,0 0 0 ,0 0 0 T o b e in

1.000

C o m

p a n y

1, 1 9 2 6
y e a rly .
1, 1 898
1 , 1947*

y e a r ly .
1, 1 91 2
1, 1 90 4
1, 1 9 1 7

H U . BOSW ,

D e la w a re E lv e r T e rm in a l Pur. M o n e y 51., s o l d o ' ; . . . . : 1 8 9 2
1.000
7 0 0 ,0 0 0
....
1 892
D ela w a re R iv e r T erm . E xt. Pur. M on. M., g o l d . f
8 0 9 ,0 0 0
1 .0 0 0
(B o n d s a n d m ortg a g ee o n re a l e s ta te .......................:
7 6 1 .4 9 2
O l d P h l l a . 6c H e a d . I t I t . b o n d s a s s o m e .I i B v i ' l l I U
A R kajd . R a i l w a y .
U *t M .,e x t. In *60, P h ila d elp h ia to P o tte r , f t f r
94 , 1843
$ A £
1 ,5 1 2 .7 0 0
( M ortgage loans o f 1844,184.8 a n d 1 8 4 9 ............... c
1,000
9 4 > 1844-9
9 5 4 ,0 0 0
t M ortgage loa n o f 1 8 5 7 c o n v e r t ib le ........... ............ c
500 Ac
185
7 9 ,0 0 0
* 0 o r lg a g e lo a n o f 1 868. gold , e x te n d e d in 189.1-c
1868
148
1,000 1 2 ,6 9 6 ,0 0 0
234
f Oonaol m o rtg a g e ($ 8 ,1 6 2 ,0 0 0 a re g old 6 s )..........c
1 8 7 1 2 0 0 Ac. 1 8,8 1 1 ,0 0 0
f lrapr*t M., go ld . *. (..d r a w n at 1 0 0 ,V. 4 8 , p ,2 6 0 .c 3 2 5
$ or £
1873
[ 9 ,8 6 1 ,0 0 0
(D o
do
E x t . in 1 89 7 . See V . 6 4 , p . 4 7 0 , g. 3 2 5
1873
327
! Consol. M .o f 188*2, g ., 5s, e x t. ’9 7 (V . (> t, p .2 S 8 )e ‘
1882
5 .7 6 7,04 2
5 0 0 A c.
f re n m n a l snort, gold . See V. 6 4 , p. 8 5 ......... c ’ xr
1891
1,000
8 .5 0 0 .0 0 0
t d o rtg a g e * on rea l e s ta te ................. ....................— i
8 4 4 ,8 7 1
P h iladelph ia S u b w a y L oa n , gu ar., $ 9 .0 0 0 ,0 0 0 ..
1 ,0 -5 0 ,0 0 0
..... 11894-5'
P , A K . t o a l 4 I .n jo r t s . S ee list V .6 1 , p . 619.
....
i 2 * 5 0 0 ft e .
5 ,2 12 .5 0 0
C oal tru st i-erW ica tM , gold . See V, 6 3 , p. .838
4 .0 5 0 .0 0 0
. . . . I 1894
1,000
(C ol. rin k , t. g old loan (TtK.i red, a t iO o,
. . . . I 1 892
1 .7 7 4.00 0
l ,0 0 0
B e a d in g

J. A J. B alt, A P hil. M eeh.N .B k. J a n .
B a ltim o re .
P a rt
B a l t ,* P hil. M eeh.N .B k. Jan .
B alt.M ere.T r,& D ep.O o. J a n .
do
do
P art
P h ila ., P hil. A R ead . R R. M oh.
do
do
June
___ _____
D ec.
tru s t f o r 5 y e a rs o r m o re.
v o t i n g tru st f o r 5 y e a rs o r m o re.

J. A J.
J. A J.
J. A D.
M. < z 8.
S
J. A D.
J. A I).
A n tin g

U O N 'O .8 H , r . i> a m , t o

UK t o § : DEE* IS

R8Q&0 U niZATJON.

5 g. M. A N .
5 g. J. A J.

P h ila ., G u ar. T ru st.
do
do

S tE N o t E.
6
J. A J. P h ila d elp h ia A L oudon.
6
J . A J. P hila., R ead , T er. B ld g ,
do
do
4*3 J. A J.
do
do
, ________ 0.1
:
5 g. A . A
do
do
>
?
J6 g . & 7 jJ. & L .
do
do
i
6 g, .4. A O.
do
do
4 *. A. Sc 0 .
i
do
do
i
4 ft. M~ & S.
q.—F. P h ila., P ro v . L ife & Tr.
5 f-

M a y 2 0, 1 9 4 2

Ju ly 1, 1942
J u ly 1, 1 9 1 0
J u ly 1, 1 9 1 0
J u ly , 1910
O ct. 1, 1 9 3 $
J u n e 1, 191 1
O ct. 1, 1 8 9 7
A p r. 1, 1 9 4 T
Moh. 1, 1 937
M ay 1, 1 941

;
190 4 -1 92 4
j 3& 3%
.......... i
C ity T reasu ry .
M
( 5 , 6 A 7! V ariou s) Phila.. B e a d . T er. B ldg. | ay, *97-1 9 0 4
A pr. 1. 1904
6 g, \ Q J .
P h ilad elp h ia.
1

1

5 g . IF. A A.IPltlU).. P r o v . I d le A Tr. j F eb. 1, 1902

Gen. M,,$ 1 3 5 ,0 0 0 .0 0 0 ,g., s .f.n o t su t> ).to c»U .e 'A r. T ex t, j 1897 5 0 0 & c v A 5 7 ,1 77 .0 0 6 j
J an . 1, 1 9 9 7
4 g . J. 4: J.
N ew Y o rk C ity.
N o t e .—G e n e ra l m o rtg a g e o f 1 89 6 req u ires th a t t-»©; R«»*dl ug C o. {and R ead in g C oal «
Iron Co. shall he r e s p o n s ib le I fo r all o ld
b on d s m ark ed i a b o v e . a I n c lu d e " $ ,
. *;, ffe t t o d l o r t o be toauekl against Co al & Ir»u l b o n d * f d u e n r io r to M a y 1. 11 8 9 7 .

0808 10

& Roanoke. .Stock, i» $873,609; par, 8 100. Oa June 3 0 ,1 8 9 0 , io ins | T h e p ro p e rty o f the R -m U ttg C o m p a n y , as d istin g u ish e d fro m th e

and bills payable* w rre$ 153,7 V7; U>tal net current liabilities. 8430.755. j p r o p e rty o f th e Filth* S. ft *a lin g R v. C o. i w h ic h o w n s th e r a ilr o a d b h t
c
J oin tly w ith R aleigh Sc tin * tea. a a d S ea b oa rd Sc R o a n o k e W u e l th e

n o e q u ip a ie n t), a n d o f th e C o a l Sc I r o n C o ., c o n s is ts o f th e f o l l o w i n g ;

car tnt*i fxmd*. V. 62, p. 684.
[ R a ilw a y e q u ip m e n t !ftftft*d t o R a ilw a y CO. f o r 8 p e r c e n t
S akkrcoji.—Year ending Jane 30, 1890, gr*>**, $ 1 0 3 ,4 3 5 ; net, $106.*
($ 1 ,3 5 6 ,0 0 0 ) y e a rly , va lu e d at ..................... ................ .
$16,95 0 ,0 0 0•
#44; oilier income, $9,2-84; c h a r g e , $74,893 D w lM toe, iw w ito , $41,- R e a l e sta te n o t a p p u rte n a n t to HR. m n m m ! re v e n u e a b o u t
035, In 1994-5, gross, $ 4 31,0 87; net, $196,971. { V 61, p. 731.)
*.
$ 1 7 5 ,0 0 0 )...................................... .
...........................
1 6 ,0 0 0 ,0 0 0
1 ,4 5 0 ,0 0 0
H a le lg t i S 6 a » i o u B lt,-O m u ifi» iiiE 4 t e !g li to Weldon, S. C., 08 C olliers a n d barges leaned to iiy . C o . f o r # 4 1 5 ,0 0 0 y e *riy.
cm. and L outoburg bra n ch , 19 m .

Controls- R aleigh Sc A u m m tn HR., 107

miles, and ha* large Interest tn Durham S Northern Kit., Durham to
c
Henderson, N. C., 42 m iles; and with Bealxianl S Roanoke coa t m b
c
Carolina Central; also control* Qeorgla Carolina S Northern and
c
Jointly guarantee* the bonds. Seaboard Sc Roanoke own* $742,200 of
th** Raleigh S Gaston $1,500,000 ntock; par. $100. Jointly with
c
Baletgh Sc Angnuta A l? Lin# and Seabordde Roanoke it t id d $250,000
o f ca r t n n t bond.* In A p ril, 1800.

V. 6 2 , p. 684*

In M arch, 1*97,

issued a m ortgage for $ 1,500.00U gold 5*. o f which $1,000,000 to re
fond the 8s due 180$, $200,000 for betterment* and im provement* at
once and $800,000 for e x ter tlons, etc., after three f ear*. V. 64, p. 758.
Loan* and hills payable June 3 0 .1 8 0 6 , #1*7,.035 %total ettrrent il&bill-

Fid la. Sc R e a d in g E y . s to c k <$2t )jK >0,000 a n d b o n d s o f
1 80 0 , * , i> ,
) p a r |Aaatttal:In terest to R e a d in g C o .,
0 1,2 0 0 ,0 0 0 ) .. ... ..___ . . . . . . . . . . . . . . ___ ______________‘ ____
F h lia . Sc R e a d in g C oal & Iro n a n d R e a d in g Iro n c o m ­
panies* s to ck -a t p a r ................................................. .....................
M iaceUanenu* s tock s a n d b o n d s a t p a r (y ie ld e d in 1 8 9 6
a b ou t # 7 0 5 , 0 0 0 ) . . . . . . . . . . . . . . .
........ . . . ”—
........ .
M o m . an d g ro u n d ren ts at p a r (n o t u n d e r '90**97 m o r t .» .
Int- tn Flitla. Sc ft*wl*g O u l Sc Ir. a b o v e **.murili#a o w n e d
C laim s a ga in st o t h e r ootiipttttra*. e t c . . . . . . . . . . . . . . . . .... . . . .

200 0000

-40,000,000
9 ,0 0 0 ,0 0 0
3 8 ,4 8 8 ,2 4 6
2 6 6 ,59 4
6 9 .1 5 4 ,0 7 9
3 ,3 4 4 ,3 8 4

T o ta l (to ta l m t, r e r u o a e , $ 3 ,6 2 8 ,0 2 3 , (See V. 6 1 , p, 7 1 0 L .$ 1 9 3 ,6 13,902
It* th# 're o rga n isa tio n fi*e 41 m il U rns o f o ld s to c k a n d th e 5 0 %
m illio n t o f m
p fe re n
i-neome bond-- w ere
2 p r c t,
Wnrmmsim.— ta I S 8 9 ,1990 and 1 8 0 1 .6 ; In 1801, 4 p. &; anti# tlnce, th e m o ck th e n r e creiv in g ce d p e r M & t In n e w d ha ssessed d 0tin*ep ree nre
lo
u u io u an
fe
JEAitNi3tos*-~-l.» year ending June SO, 1800*
$5 i*§,197; net, ene# In eom es, co m m o n a n d p re fe rre d s to c k In certa in p ro p o rtio n s .
fS24,40Sf; n th er itteem e, § 3 2 ,2 4 7 $ e h a rg e s O n term t 7 S 3 .3 5 0 , tmizm
T he o ld co m p a n y ha d p revioitM y b e e n In r©eel vers’ hands fro m M ay,
$14,*50, “ other deduction* * $130,873), $2 37,0 79; balance, surplus, 1B80, to F eb ru a ry , 1 8 8 3 , a lso fr o m J u n e , 1 8 8 4 , to J a m , 1 98 8 , w h en ‘it
*
$10,790, In 1 8 9 4 -0 5 , gr«w»*. $ 5 0 3 .8 5 2 ; n et. # 1 9 4 ,0 3 5 . — V. 6 4 , p 7 58 .
w as
w ith o u t fo r e c lo s u r e p e r p la n in V. 4 3 , p. 7 4 7 . T h e
K « « 4 I i i k & C o l u * « b l * , —O w n * fro m C olu m bia to S lak in g Springs, lease# o f th e Lei high V ailey a n d C en tra l ft ft. o f N. J ., tak en e a rly InF w , 4 0 m ile*; brmnehe*. 13 aall^*; o p e ra te s M arietta J n n e tio n to (Jhielc- 1 89 2 , w e r e te rm in a te d In A u g u st, 1 8 9 3 , a n d 1 89 2 , re s p e c tiv e ly ,
les, $ m ile s ; t o ta l
rally*. 8tc*ek, $ 05 8 ,3 7 3 (p a r. 9& m t o f
V ortN fj Tatbs'r, ETC.— A ll c la ss e s o f s to c k o f th e n e w c o m p a n y a re to
which $785,000, with the $1.000,000 delmntures. are owned by
b e held b y v o t in g tru ste e s |J. F ly r jw n t M o tg a ® , F re d e ric F . O le o t t an d
lag Company and depo*Ued under Its general m ortgage o f 1897. The H e n ry N. Faaill for fiv e yeans, a n d th e re a fte r until 4 p er c e n t ca sh d iv iroad i* controlled but aeeouats kept separate. In year ending June d«n«t p e r auttuitt shall im p aid o n th e first- p re fe rre d s to ck fo r tw o ooti8 0 .1 9 9 0 , p o t * , .$ 2 9 1 ,7 5 0 ; net. $ 9 0 ,3 2 5 ; ch a rg e s , 0 1 1 5,3 00 ; b a la n c e , iseontfv# y e a rs , th ou g h tliet.ni.4fe.es .m ay in th eir d is c re tio n su rre n d e r
d efell fo r year, $10,901, In 1894-93. gro**, $290,880; not, $91,280.
th e
at m i e a rlie r d a te . A s t o s to c k p riv ile g e s se e V. 0 4, p . 709.
riie N ew tlen eru i M ortgage An t a b t l r s e l V. 0 4, p. 0 1 2 )
R « « d ) n g :r < *> m p a n y —P h H a d e * p lila Sc Ito a d lw g : M y ,—/
are- see are<| b y m o rtg a g e a n d p le d g e o f a ll p ro p e rtie s an d s e c u r i­
M a p .r-)Th# FhOadttlphia A Hi
n g B y. o p e ra te s in e*m nec Unn w ith ih t
great an th ra cite c o a l p r o p e r! <m o f the Fhiladelphla Sc Heading Coal Sc tie s e m b ra ce d to th e r# o rg »n l* a fIc o * an d d i e all o th e r p r o p e r ty
Iron, Co* in he 0 o h u y lk lli n >g|o*i, P#nu*t Ivanla, a large system o f a cq u ire d th e re a fte r b y use- m th e n c w b o n d s, T h e y w ill h a v e a s in k in g
road# cen terin g at FhCiadslph lmand $xlend ing thenm$ w esterly through fu n d o u t o f th e re vets ues fro m *h© GbAl. Sc Iro n G o m p a n v , b u t a re n o t
She @©al held* to IIaxel to n t n d W d lla m s p o r l o n th e north an d lia r - s u b je c t u» m nutm iM itf re d e m p tio n p rio r to m a tu rity . T h e n ew m ort­
rtsbarg, 8 h ip p en «lm rg acid ('» •ttysiiurg, in Fennsylvanla, on the south, g a g e 1* a lm , M injeet o n l y to th e H w h f o r w h ich re s e rv a tio n . U m ad e,
also aaatwriy la New J e t * # / toi A tla s tie City, th# siumne-r r»***ir< on the b as#d u p o n p ro p e rtie s o r se cu ritie s o f all th e lin e s o f ra ilro a d o w n e d ,
AilanWe Om m if am i to tM ew a te r a t F o r t R ea d in g cm
r
■
¥or> . lia r - : to c lu d ia g th e F h lb id clp h ia St R e a d in g R a ilw a y C o m p a n y p r o p e r ,
; 391 m iles; v a rio u s le a se h o ld 11tins, 5 9 7 m iles; a ll th e p r o p e r ty o f th e
bor. T he *y«*tern co m p ris e s r
MUm. |C oal Sc Iron C o m p a n y , o r th e *©eurltlcs th e re o f, r a p re s e n tin g n e a rly
ictntM vyrnml i s fes.
M
>
i* m m 4 Hm
>
va lu ed a t a b o u t
Fhtladeiphin in M L Carbon^
\Ptoi.JM.to4
f4 ■ (K), - < a cre s o f c o a l and tim b e r la n d ;
RR..
Fa. ©to. fdknabie trac& odl_ 1 0 0 Norrtftto w i J u n e . R E ..
_
4 $12,00 0 *0 00 , p w d d i w b i»dt0«5#|; to a b o u t # 3 ,0 0 0 ,0 0 0 o f c a r trttst o b i t
gatIona, w h ich h a v e b een a c ^ n im l u n d e r th e p lan , an d a lso the m a r in e
Bmtsehe^—
80'
N orth Pim m iyivaia la lift
H eading t o Ila w 1 * l»«r f, F a . . 5 0 Itola w a r@ St Boonid B . E f t , . . 3 to'M curt.! p.nw at.
V m ptherraore, It has a flr»t lie n u p o n % ia «d o rity o f the ca p ita l
Lebafion t o B »o ok s id e, Fa. -.
SehujrSklR Sc 'hmhig b RR
44 ■o
s to c k b ? v a rio u s c o m patsies In th e sy ste m o w n in g 4 4 8 tulles o f ra il­
BoekrtU # to A ttb u m , F a . ,
Fhft.v. Hiar* Sc F illtm lift
.
45ro a d , o f w h ich 195 mil**- a re le a se h o ld lino-* In clu d e d In th e 3 9 7
M&hmaftf C ily to Ft. T r e fo r - ‘
, P h ila . Sc ftliadin# T®rw. i H *
r '3
1era, F’a . ________ ___ ______
A lto n to v r n T v n n l n a l. —
3-3 m iles a b o v e sta to d . and a lso o n b o n d s o f m a d s in th e s y s te m (o th e r
Shan th e F. Sc R. R y, (>».) u rom u itiog t o # 3 4 ,2 0 5 ,9 3 6 p a r va lu e. T h e
N «w O astle to MMmnnv
T h # «<MSsti'itto4 thus pltglged w e re m o s tly held u n d e r th e e o lia to ru l tru s t
Plain,
.........
507*
' T otal l
m a n . o f 1992. w liica liaa b e e n p aid off. T h e ieeurftie-s a re »nhl to h a v e
Other line* ...............
12
L in e* 4
e a ch C o.)
earned in I hD
-4-95 an to c o file o f 8 3 8 5 ,0 0 0 , o f w h ic h $ 4 4 3 ,0 0 0 w a*
Bwr ig ®
WS E P
a ctu a lly re c e iv e d b y the ecus*puny lit th e w ay o f d i vidosKla—«e© lis t Of
'
Total <2 tr
17S mfhMf U 3 91 \F hila. A Fran-kf# i t lift.
n
i Cb©sf*'T,A Itolmwi*r# R R
Uieae seearftlea In V , f i t , p . 013.
fi'
ft M ali Go 4
T h e new m o rtg a g e is f o r # 1 3 5 ,0 0 0 ,0 0 0 , inailable o n l y m f o l l o w s :
,
OofebifMikdalr HR
42*9 attMQNf;a Sc Hum fiiiib r tiIe TE
FlykerS ng VatJm r b ,
9 4 T o ta k e u p u ii'lis to rim d b o n d s o f th e R e a d in g RE- and
4131 ' Taaaaatiia llaztot* m 4t N* H R .
d
Hfet; Fenat fH
35 3
Mu- t r o i B n MM Ownr ai>.
mi.
G oa l Sc Ira n O o .. ........................................ .
...............
# 6 4 ,6 3 1 ,0 0 0
A bes town kli
4-2 l R ca d itig Sc Cbfttj®a m E ft.,.,.. ' 8 9 ■§ F o r fu tu re co n s tr u c tio n , e t u ip m e u t, e t c ., a t n o t o v e r
L ltile S ebfifik
HR
34*8
Iw im nou b.ra;nnii . *
5 ‘■2
# i ,3 0 0 ,0 0 0 p e r an im m u n d er strin g e n t p ro v fe lo n s .. . . .
2 0 ,0 0 0 ,0 0 0
Mtm Hill. A ,9f.rhtty m
7 V 9 f R ead . Ma r ie tt a Sr H an. B i l l
*3 f e w a t « n e « f o r ra o rg a n U a tio ti p u rp o a ca ......................
5 0 ,3 6 9 ,0 0 0
ML Cartioii & Ft. <j
2*9 N orth m fist p m u . RR. .
i KB.
25'
Im prerem rtU m ortg a ge 0 n. c. b o n d s o f 1 87 3 d u e O ct. I , 1897, w e r e
Mill t*reek tk Mm# II. fiR ...
0*6 i Phila* A Cfamtm.r V a lle y r r I 21/‘5
offered m stcnaion ut 4 p , e. f o r 3 0 yea r# fro m A pril I, 1.897. p a y a b le in
fehhytldll Vniie? HR.
$$'
1 M i A fta n tic C ity HR.
Bast Xt&thitNvy R E ................ 14*4 1C at m m u t u » Jc Fo.getov. E f t ,. **7‘'3 17 S. g o ld a n d gaaruntow d p. St i. b y th e R ead la g Co. V. 6 4, p, 4 7 0 .
T h e eansnl 5 s o f la g S - w e re a lso e x t e n d e d a t 4 p. e. f i l l M a r, 1 . 1 9 3 7 .
Sfemotdr* giinhary Sc L. HR. 31*3 1C am den C offtity H R . . . . . . . . .
7;3
•
Fhila. Gann an. A- Nor, ft R .. 29*-4 1 Qm tfAh*r r g H u urrisb H y . .. 34 '8 t h e R e a d in g Oo, a n d C oal A ir o n Cm b e c o m in g r e s p o n s ib le f o r th em .
V. 6 4, p . 2 8 8 .
Chmim.i% Hill HR ..........
4*1
T h e tertnirm l m ortg a ge bond* a re R e a d in g E ft. b o n d s, a n d a re
(MBW-imm M B ._____ . . . . . . . . . 103 -2 | T o t a l 'co n tr o l to
2^5 '3 secu red b y a ruortgng«? u p on all th e p r o p e rty o f th e T erm in a l Co. an d
Total
April, 1897.*
...........
V .V i,.263''5 b y a tra ffic c o n tr a c t b e tw e e n B e a d in g an d the T e rm in a l Co. rh # t f t e OaoAjrMa noM.— T m FhUadeiph Sc R e lin g E R . /©hart © red A p r i l toe is the P ro v id e n t I d le A T ru st Co, o f F hila. A m o u n t a u th o riz e d ,
4,10334 an i the F. & H. *:<>ai ,k f r*r »* * » d d i n f o r e t d >»ure 8 © p L
# 8 ,5 0 0 ,0 0 0 . See d e sc rip tio n in V. 6 4, p, 85.
2 3 ,18»0, finder h e gen era l m o rtg a g e o f 1 8 8 0 a n d a t re c e iv e r ■sale,
F o r ten -y ea r sin k in g fu n d to o n see Jaimarv*, 1895, 8 l
*PI'J,HMR\T.
W thef f i ttssn*:' s reorgasilged p a r p l a n in. V, 6 1 , p . i lo o .
T h e c o o t tru st eertigirate* u n d e r th e a g re e m e n t o f M a y , 1 39 5 , are
A.t the
law* o f Fes isa ylva n la fo rb id a ra ilroa d c o m p a n y to |n o t redeem able? u n to A p r il, 1 901—$ e e p a rtic u la r s V. 63, p . 8 3 8 . S ee
hold oy#r 30.IKX* acre* o f c o a l la n d , it w a s d ecid ed to ? « « b fa t ilt e [ a lso J a n ,, 1 8 9 5 , SOPPtdSMEXT,
«.
nude? Sis# sfearter o f th o ld E k a e ls lo r B n torpids# 0 > „ w h ich ' aatm t A s t o P h U m itlp h k t S ubw ay L oa n th e re c e iv e rs w ere a u th o riz e d in.
'
I
uro*
, ■
J u n e, 1894, to p a y Into re-a sand p ria cin n l at. m atu rity ) o f n o t e x c e c d iu g
o ^ n Shan fe d to "B eading Com paiiy**, which com pany own* th© stocks, # 3 ,0 0 0 ,0 0 0 o u t o f a to ta l issu e **f # 6 ,0 0 0 ,0 0 0 o f 3 to 3 % p . c. b o n d s o f
JJgfP#* M i
#Q'tslnraen4, ©te, (m per balance sheet, V. 64, p. 711) C ity o f F h llad elp lifa, to a b o lis h grad e' C rossings. T h e a m o u n t o u ts ta n d ­
® l l “ * o l a Fhila. <k R eading KK. G o ; a i*o $ 2 0 ,0 0 0 ,0 0 0 '•lock and $ 2 0 ,- in g w ill be In crea sed t o th is figu re o n c o m p le tio n o f th e s u b w a y .
(©M
>,00<)
o f th# PriiladeJpiiia a Reading Ky. and the $ 8 J >00,000 P rin c ip a l Is p a y a b le a fte r ton y e a rs fro m d R o o f lo a n in 2 0 a n n u a l
sitock n| tli© Coal A Iron Co. and against all this property Issues Its own in stolrm ra to S*»e V. 58 p. .11.10; V. 0 2 , p . 9 5 0 ; V . 8 3, p , 831 ,
00# V. 84 p. 70$. The Railway Csrapany took poasesslon
A s to the # 6 4 ,8 3 1 ,0 0 0 o u ts ta n d in g o ld b o n d s (see v , 6 4, p. 8 1 4 ), th©
of th© road Dec, 1, 1896.
*
R ead in g C o. a n d th e C oal Sc Iro n Co. u n d er th© g e n e ra l m o r tg a g e o f
tfe*,: $ 3 3 8 ,0 4 7 ; earrant- a *aets, b ills re c e iv a b le ,

$ 1 ,0 6 0 ,0 7 2 .

•8 2 00
0*
2
•6
0

0

1

2
81
'0

8
‘0
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’

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ifrS

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^Burlington

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DOWNlNGTON
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StrSBorg

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Freehold^

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^

Chester

P H IL A D E L P H L

Manchester^.

TLeWiston
Mt.HollyX_______ / \________ Whitings^
___ _____ r
“ amb.

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DQrarryville
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Barnegat Jc^

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RE407

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P

JtAILROAD STOCKS AND BONDS,

A pr il , 1897.J

119

RAILROADS.
INTEREST OR DIVIDENDS,
M iles D a te Size, or
of
of
Per explanation o t colum n bcadings, A c., see nolee
Par
Road. B on d s Value. O ^ t a u d L g ^ r p g S B t , W h6r6
“ 4 ^
on lirst page ot tables.
B tn eetla tr <4 S ara.—Stock,Sp.tS.gn.D eL4 H ud .) end.)
1st m o rtg a g e , c o n s o lid a te d ,........... .....................e**r
'
■ '!-•S tock , guar. 7 p. e., e x c e p t $ 1 9 ,3 0 0 g u ar. 6 p. o . .
1st m o rtg a g e , oon v erttb lo.........................................
do
c o u p o n b on d s d u e In L o n d o n —
do
do
d u e in U . 9 ____ . . .
do
eorttiieacea o f d eb t, due in U. S ........
2d m o rtg a g e
do
do
.....
C onsol, m o rtg a g e fo r $ 2 ,0 0 0 ,0 0 0 , g o l d ...........e '.t r
giek M o n d J U eck ltu b u rg —l M m o r t g a g e ........ ..........
2 d m o rtg a g e........................................................................
Xiehal. ir r . <t B.—R e c e iv e r s ’ o e r tliic a te ...........
C on tra ctors’ l i e n s . . . ................. ................. ...................
1st m ortga ge, g o ld -.......................................................o*
Bichrnond * P etersburg—S to c k ........................................
First m ortga ge ($ 2 4 ,9 0 0 are 7s>.................................
C onsolid ated m ortg a g e f o r $ 1 ,0 0 0 ,0 0 0 , g o ld ......o*
Bio Orande Ju n ction — U t M -, g o ld . gu ar, j o i n t l y .■)'
Bio B ra n d t Southern—S tock , $ 2 5 ,0 0 0 p e r m ile ........
1st M ,$ 5 ,0 0 0 , o o 0 g ..:f2 5 .0 0 0 p .!i!..;n e i. e q u ip .o ’ x r
Bui B raude ffe » (r r » —C om m on s t o c k ............................
P referred s to c k ($ 7,5 00 ,0 0 © a u t h o r is e d )...............
1 st trust m o rtg a g e , f o r $ 1 6 ,0 0 0 ,0 0 0 , g o l d ----- ,.c "
B ite r F ron t—8t o o k , 5 p e r ce n t, gu ar. P en n . R R ----1st m o rtga ge , gu ar. p . At!. b y P en n . R R ................
D e b e n tu re s...................... ..— ................... .....................
Both. * O r n a te YaL—S t o c k .6 % ren tal E rie R R ........
Bock U land <# P eoria —S t o c k ............................................
1st m o rtg a g e .................................................................... r.
C onsolidated 1st m o r tg a g e ......................................... r

192 j
$100 $ 1 0 ,0 0 0 ,0 0 0
79 | 1871 ; 1,000
2 ,0 0 0 ,0 0 0
100
2,250,500
io o
500,400
82 1856 Various
99,070
82 1858 Various
47.248
83 1870 Various
298.000
m
1858 Various
83,303
83 •44-66
53,811
82 1890 $1,000
500.000
31
1882
315.000
160.000
123.000
460.000
1889 ; 1,000
2.375.000
23 , . . . . 1
100
1 ,0 0 0 ,0 0 0
23 I
500 Ac.
340,500
27 1 l i e © I 1,000
300.000
62 1 1889 i 1,000
1 .8 5 0 .0 0 0
ISO |
1
io o
4.510.000
180 1 1890
1,000
4.510.000
555 1
43 4 1889
1882
1893

100
io o
1 ,0 0 0 A c

50
1,000
100

|
i l l
91 1878 25,000
113 , 1883
5,000

1897 covenant to pay their Interest when due and to pay or extend
their p rin cip a l a t m a tu rity .
Coal PSGMUknS*.—
*Tke Ratates o f the coal com pan y aggregate up­
wards of 194,000 acres, eiassuied aa follow s;
Coal lands o w n e d : AcrvAi.. . . 98.144 j Tim her lands ow ned (aores) 70,489
OoMlands leased (a o re si.... 7,4*29 |Iron o re la n d s’ (aerwAi......... 21,000
Q c i H U t f B W f v - A p p l i c a t i o n to X. Y. Stock Ext)han.ge to list
genera; m ortgage bon ds and the stock* contained balance sheets and
earning •
and was gfvtsa in fu ll in V , o t . p. 7 o9 . Fixed
Charge* o f entire property o n com pletion o f reerganfrariott w ill be
$8,672^672 F or the year 1897 pending com pletion o f refunding
toneme,, We», the itxed charge* will be, perhai>4, $300,000 to $400,000
Mere.-—V. 64, p. 8 5 .570 .
LATKsr E u t k is .;* —From D-;o. 1 ,1 8 9 6 , to Feb, 2-8. 1897 (3 m onths),
results were as follow s o n basis o f present charge* in both yearn :
ruiUAori.t’m * a rteantxa i u i l s s ' co »
r sw,
t»ftt>.
v m ...
a m ...

10, 000,000

Sonde—Prinol*
pal,W hen Due.
Stocks—Last
Dividend.

J.
M.
J.
M.
J.
J.
M.
!
6
J.
J.
i
-l “as- A.
tO 0
M.
M.

A
A
A
A
A
A
A
A
A
A
A
A

J. N. Y ., DeL A H. Canal Co.
do
do
N.
J. Phi la. A R iohm ond.
N.
do
do
do
do
J.
J.
do
do
do
do
X.
do
do
J.
do
do
J.
O. N.Y., Phil a. or Rietim’ d.
X. P.ot. o f lnt.pd.Irom net.
X.

J a n ., ’ 9 7. 4 % .
M a y l , 1921
J ’n .2 ,’ 9 7 ,3 ts%
N o y ., 1 896
1 901
1 901
1 901
J u ly , 1 899
1 9 0 1 -1 90 2
A p r. 1 . 1 9 4 0
N o r .. 1 921
1 93 7

6 g. J.
3ee text, J.
6 4 7 |M.
4ta*. A.
5 g. J.

A
A
A
A
A

J.
In default.
J.
Richm ond, Ottioe.
N.
do
do
O. X. Y ., Brown Brothers.
D. X . Y „ Maitland, C.A Co.

July l . 1919
J ’u.2,'97,3L>^
M ay i , 1915
Apr. 1, 1940
Deo. 1, 1939

See text. J. A J. X. Y ., Maitland, C. A Co.
N.Y.,office,32 XassauSt.
do
do
X . Y „ State Trust Co.
Ail ow ned by Penn. RR.
PUila., Co.'s Office.

Aug. 1, 1893
July 1, 1939

S per an.
1
7
See text.
7 per an.
j
5

l

0. 250.000-See text. Q.—F.
15,200,000
4 g. IJ. A J.
300.000
216.000
■ a m . ' a 'x .
.■
4
J.30, D.31
8-1,000
555,200 6 p er an. J, A J.
1.
'UMl.Otxj
!5 per an. J. A J,
10
J. A J.
150.000
6
IJ. A J.
450.000
B h B t i i M on stock , ) *88.
and div. obligut. p.c. > 7

X. Y „ by Erie RR. Co.
X. Y „ Corn Exoh. Bank.
do
do
do
do

J u ly 1. 1 9 4 0

M ay 1, 1 91 2
D e c . 3 1, 1 903
J a n . ,’9 7 , 3 %
J a m , '9 7 ,2
Jau . 1, 1 900
Jan . 1. 1 92 5

'89.

'90. *91 to '93, *94. '9 5 t o J a n .'9 7 .
7
6>a 7 yearly. 6*3
7 je a r ly .
| K a r SIUOB.—9 m on th s, ? 1 8 9 6 -7 ..........G r o ss , $ 4 0 6 ,9 6 2 n o t, $ 1 4 3 ,9 9 5
I
J u ly 1 to F eb . 2 $ .
J 1 8 9 3 -8 ......... G ro ss, 4 6 2 ,3 0 1 ; n e t. 1 7 3 ,4 6 3
! R e p o r t ,-—R e p o rt f o r 1 8 9 5 -9 6 , V . 6 3 , p, 5 0 2 , s h o w e d §rros« # 7 3 9 ,3 6 8 ;
|n e t, #24*2,668; o th e r in co m e , net, $ 7 ,2 7 5 ; in te re s t. $ 5 6 ,6 8 2 ; A ly l{ d e a d * , # 1 9 2 ,5 7 0 ; b a la n c e , s n rp ln * . # 6 9 1 . In 1 8 9 4 -9 5 g r o e * . $ 7 0 5 ,3 1 0 ;
n et, $ 2 3 7 , 5 7 1 ( V. 6 0. j». 4 1, 1 1 0 5 ; V . 6 3 , p . 5 0 2 .}
j l i l c t i m o n d Sc M r r k B n b s r g I t f t . —*Own« ro a d fr o m K e y s v llle ,
| V a ., t o C ia rk ceT illo, V a., 31 m ile#. Rctatl is o p e ra te d b y S o u th e rn R y .C o .
i u n d e r o p e r a t in g e e u tra e t b y w h ic h B* & M. goto th e n e t e a rn to g * a n d
j ce r ta in p er ce n t o n traffic d e riv e d fro m S ou th ern B y . w ith in lim ite d
| te rrito ry . A p e re e n to g e o f in te re st o n ttr^t m o rtg a g e la p a id fro m th e s e
( r ^ e i p t * . S t o c k .—$ 337*900 (p a r #1001*‘o f w h ich $ 3 0 0 ,0 0 0 o w n e d b y
I S o. B y . C o. F o r y e a r e n d in g J u n e 3 0 , 1 8 9 6 , gram , $ 5 6 ,0 5 7 ; net*
} $ 1 3 ,4 .1 3 ; ©the? toeerne, $ 5 ,5 8 1 ; t o t., t a z e a , e t c ., # 2 2 ,8 6 7 .

B*l
Impt*. 4
it tv !i m o ltd > t e It o lita v U ie I r v i n e A H e a t t y v l l l e I t I t . —Ow n*
tvm.
$*f*
I ro a d fro m V em a illea to Irv in e , K r ., 6 2 m ile*, J o h n M a e l,co d r e c e iv e r.
•MSA
083*8S1 I F o re c lo s u re ^ale h a * b e e n ortlered. F o r y e a r e n d in g .Nov. 3 0 ,1 8 9 6 ,
m o b
■ r e c e iv e r re p o rt* , g n is* , 1 6 8 .3 4 5 ; n e t, $ 15 *1 8 8. In te re s t o n reoetver**
9KMUUA IKON €QWi*A.$f *
I eertldhatea w ere paid. In 1994*5, gro # «, $ 6 9 ,4 .5 0 ; n e t, # 1 7 ,0 7 9 . R e .U & u jm : m W M jm
!1*7
...........
*******
m$r.9, ~M © r o a r iz a t io r
V . L o v in g , A to x . F , H u m p h re y a n d S t,
* 8&74,lb&
m e.
m M i j m J o h n B o y t o —V , 6 3, p. I l l ® ,
& s t m t . * w m ii
. AMP
i t i f I* rm > iid A I * e t e r » b i * r g H i t , —O w n * fro m R ic h m o n d t-oP eteraTtdm
Pen*! dr '$ &$ J
¥ *■
r$t* .j
biir*', V a,, 2 3 m ile*: b ra n ch , 5 m iles. O p e r a te d in c o n n e c t io n w ith A t Ok imm m f W
.
■m
i
|ton t ic CJoaat L in e
n
i$@7... . . . ft& jm
ws7%im u s * u ,m i
n
u m o .on*
•ttojtx**
P 0 »
US
W
KSxm
ue*
tOjswti
w&sust
tm & m I B tv m E v m iit n c e 1 8 8 3 — In 1 8 8 4 ,1 .8 8 5 and 1 88 8 , 5 p e r c e n t ; in 1 8 8 7
? 8 : fro m 1 9 8 8 to J a n ., 1804, tocdmdve* 7 p er c e n t p er a n n u m ; in J u ly
On eAmpi^tWn ot Ht« rtiofgaijim llow tJi«
n od fa te#
wtll bo rwiuo*rtl to $ 7 2 5 ,0 0 0 p^rTO«»oth« o r 9 ^ ,1 7 5 ,0 0 0 fo r I h r e d m onth*. | 1 89 4 , 3 p. o .;)n 1 9 9 5 ,6 % p. e ,;in 1 9 9 6 , 7 p .e .; l a 1 89 7 , J a n .,3 % p . o.
T ?» R eading sSfwifem M w m f*
*«**£! eAming-# t o th o w in ter
E a R3BH0».—9 m onth#, ) 1 8 9 6 * 7 ...........G ro**, # 2 0 9 ,2 2 4 ; n e t, * 5 2 , 7 4 7
©
#a,th*..
retail tt*t* winter m t*#tier
it wm %year ago. Ttie
J u ly 1 U> F e b . 2 8 .
v 1995 6 ........... G rons, 2 3 0 ,5 8 9 ; n e t, 7 1 ,6 7 0
ape in this iOfttss.
! A J m c i t B k p o r t .— Fliwsai y e a r e n d * J u n e 3 0. A n n u a l r e p o r t f o r
A m n A i* .R groirr,*-P b »c*i y e a r nnd» .V or, 8 0 . \ a a n a l m w t i t f l# ! 1995-96 In V. 0 3 , p , 5 3 5 , mhovrod g r o m r e c e ip ts, $ 4 0 8 ,4 0 3 : n et,
M i M a m l M oattay In Juxsiiary. Tim Mhisa@«9 •tjeoN « f D «o . 1 , 1^00, i # 1 5 6 ,2 0 9 * o th e r tnei*ma» $ 5 ,5 0 3 ;
.
$ 3 4 ,7 4 5 ; d iv id e n d s , # 7 0 ,0 0 0 .
f e n tm i t e C n a o s n i A V . ®4# $». t o o . m n tm IIm» fo llo w in g u n t e m m u S—(IT. 59* p, 0 1 8 , 1 0 5 9 1 V, 6 1 , p. 1 0 6 2 ; V . 6 3 , p . 5 5 5 .1
m t i8 9 5 -0 6 nimttxsm om R » a 80 w » ? k ©
c io s o k s .
I t l o t tfr n t id e S u m et I o n , —O w n * ro a d froru B i l e Creek., C o l., t o a
[ ootm eottoa w ith th e B io O m n d e W estern a t 0 r a n d J u n c tio n , 6 2 m ile*.
BnUmap fJo,
&mti # /n w i
Go*
T»kU
iMJhtiL
SmrMmm*
Mnrpius. ' T hi* t» a c o n n e ctin g halt to th e a tandard-gattge ro u te b e tw e e n O gd en
|and D e n v e r an d C o lo r a d o S pring*. L ea sed b y C o lo ra d o M idland a n d
p .30,150
D e n v e r A R io *iram ie at 3 0 p er ce n t o f g ro ss ea rning#, w h ich co m p a n ie s
Net
o t t nitre pro part f $o®tudtng iae&mo from
! p jin tly an d te v o r a liy g tia ra iiioo the homln, printdpal and in terest.
i t t i o a r e ^ i ta j « a r em ltn g N d r e m b t t 8 0 ,
w«r«? ..... .**# 9 .4 8 0 ,7 3 6
S to ck i* # 2 ,0 0 0 ,0 0 0 tp or. #100>, o f w h ich C o lo ra d o M id lan d J u ly I ,
f l z n l tiutoegm o t e n tim p r o p e r ty m i cmMpU*.%km o t re©r1892, o w n e d $ 7 3 7 ,1 5 0 . (V . 5 1 , p. 8 2 9 , 8 3 0 ; V, 52, p. 2 04.)
will
.#3.07*2,072
I t l o B r a n d o .S ie r r a d a d r r A I t o e l t i e I t H . —O r g a n Ir e d in M e x ­
B ^ o r t o f ©14 w*mpw>®ios f o r 188 4 -9 5 to C u n o x i c u t , V . l% p * 133-1
ic o , T h e re a d l* t o e x t e n d fr o m C iu dad J u a re z to a ge n e ra l m h i Ui w e s te rly
Ttar* m d m g |f»r. 30~~
1893co u r s e via th e S an Blass M ountain** iM k e t?u*m an, S a b in a i a n d San
Pasteager trait!©.
# 4 .3 4 0 ,1 3 3 P e d ro m in in g region* to v ic in it y o f Cnnn* O ra a d e * . a d ist io e e o f 156
Oo$d Iraltio.
1 1.29,5,830 m U m , T h e e a p ita ito v tio n w ill n r e b a h iy b e $ 4 0 ,0 0 0 a m ile in s t o c k
M ctehandtin train© .. . . . . . — .
6 .7 2 2,05 1 an d $ 2 0 ,0 0 0 a m ile to b o n d * . R oad Ih e x p e c te d to be c o m p le te d in
_____. . . . . . . . . .
3 70 ,62 1 J u ly , 1807. E l P a w S ou th ern E li. ha* been org& aixed t o b u ild th e E l
Unite4 3tatm m a t!............. .
85*191 R a*o term in al* a n d R io B ra n d e R iv e r b rid g e . T h e p r o m o te r s are
M ee*n# RL D . -Morgan A Co*, M orton , Sttim A C o. a n d T ilg h m a n , R o w ­
'fntife!onrrdttgB R R . C o .. . . . .
land A C o. T h e N e w Y o r k officer a re a t 54 E x ch a n g e P la c e .—S ee V . 6 3 ,
Mot emritinkn o t jSaUrmtd.
p. 4 5 9 ; V. 0 4 , p . 011 .
St©am cc»ltt©r»,{ av*‘«toi't«,et© .
I t l o B r a u d e S o u t h e r n B S . « g | a M ap Draper & B io (fra n tic. ) —*
5 «t^ a m to g a o t O, d L Co.
O w n* s o r r o w g a u g e fro m D allas (n e w n a m e R id g e w a y ), C ol., on the
D e n v e r A R to lipsoade, s o u th e rly t o D u ra n g o , 162" xnliee, a n d b ra n ch e s
7 1 1 1 net o t both comp&tu*#
*0 1 1
to fe liu rtd e S a d c o a l field* n e a r H e * p e n is , 18 miles*
B Wij« .— In terest o n ftmfe* I* re d u ce d fro m 5 p e r c e n t to 3 p e r c e n t t o
O fru a n w —< te F eb ., 1 8 0 7 .)—P r**h len t, J o Ph
.ffa ir la : F tm t Vies#*
P resid en t,T h eod ore Y a m b e e t ; 2*1 V k v -F r e aftn l, W . B , T a y k> r; S ec- J a m 1 , 1.898, an d 4 p e r m o % th e re a fte r. A m a jo rity o f th e s to c k in
o w n ml b y D . »% R. O . arid b y i t ha* b e e n p la c e d in tru st. S e e V. 6 3 , p. 4 0 4 ,
W tH 7, W . 9 . B r o ir a ; 'Rpransunear* W . A. C hin
Mortgage truete*'. Central Trust Co.; abstract, V. 51, p. 163. ami ap­
l,v » g x .~ V , 6 4, l». 2 8 8 , 3 7 4 , 424* 470* 5 7 0 , 6 1 1 , 7 0 5 , 7 0 8 , 7 0 9 ,7 5 5 .
p lic a tio n to N. ¥, S to c k .E xch a n ge to V, 5 4 , p . 4 4 6 , B ills p a y a b le J u n e
fMwuMMsftM&r Sc # »
♦
—Tttn Bn© o f ro a d I# an f o l l o w * :
8 0 ,1 8 9 0 fu n d er c o n tr a c t w ith th e D . A R . O .), $ 3 8 2 ,3 3 2
Sooif ow m d —
MUm, f L m m d f Om tiim m dy—
M ile*.
L a t e s t E a a s m # * .— 8 m o#., S1 8 9 0 -7 ,. G ross, $ 2 7 9 ,2 1 4 ; net, $ 1 2 3 ,9 3 3
Troy to Lsi&e Chat8|*t*ia. . . . . . . 7 9 t T o ra io n t lin o to Chat lo t o s , V t
7
J u ly l to F eb . 28.
\ 1 8 0 5 -0 .. Q m m , 3 4 0 ,4 7 1 ; n e t, 1 8 3 ,0 4 3
L em td | Umglm B rM g *, N, Y „ t© B utS u rp lu s o v e r ch a rg e s , 5 m o n th s o f .1896, $ 2 0 ,8 5 4 , a gsd nst $ 5 5 ,8 2 7 .
4roy to w a te tto p t
e t # .. 14
la a d . V t . . . . . . . . . . . .
...
.
F o r y e a r e n d in g J u n e 3 0 , 1 09 8 , gro * «, # 4 8 9 ,2 3 4 ; net, $ 2 3 4 ,2 2 0 ;
gjnswetady to Bai InUm . . . . . . . . 15
_
o
r in m
$1,870*
s #13
ta
$
,5
;
o
Ft, Bdwaitl to Cal4w«*ll.. . . . . . . IS !
T o ta l o p e r a t M .............. .,..* 1 9 2 # th e 0 2 . co n e ,8 9 4 -0 5 , g roIn te re 0 t, ,7 9 8 5 ,3 0 0 ;$ 20 x e s, 6 .3 1 (V9 43 , lu.sn ra n ) o ,.
2 ,9
I 1
**, $ 4 2
; net,
0 ,9 0
.6
p 397.
iA fcaz.—L oa»o4 to p e rp e tu ity M a rch 1, 1 871, t o t h e D ela w a re A Had*
B i o G r a m ie W e s t e r n I t y f See M a p . y—LfNROF RoAO—
-Own#Crof 0 8 * jv n ta i. $ pew m m on th e * tm x e n d I n t n m i o n t ho b on d *. W ord ­ f m m , 0 o h t to O g d en , U tah, 3 1 0 m , to W asatch, B in gh am , C oal M in ce,
ing o f gu aran ty o n stoedE w a » t o V , ,58, p . 7 7 3 .
e tc., 51 m .; San Pete b ra n ch , T h istle t o M a n ti, 61 m ile s ; S exier R a ilw a y
For years eadinar June 30 earnings have been ;
iproprlcftary lin e —a l l s e c u ritie s o w n e d ), M anti to B e lk n a p , 63 m iles;
T in tie R an ge R y . (p ro p rie ta ry lin e , ail seen rl ties ow n e d )—Sprimgvill©
Grom,
fr e t
I n t i ((tree, rtc.
B a t,, d ef.
? f ? ;H * - * * * - - - t S 3 5 1 ,5 4 5
#862*484
# 1 ,2 1 0 ,0 4 8
# 3 4 7 ,5 8 4 t o M am m oth , an d sp u rs. 5 2 m iles; to ta l o w n e d , 5 3 7 m iles. L eases Ore£
i £ r S f* * m£ .- 2 ,2 7 3,47 0
m
788*024
1 ,1 9 4,41 1
4 0 8 ,3 8 7 v a s s e t o G ran d J u n c tio n , 1 8 m iles. T o ta l o p e ra te d . 5 5 5 m iles. Main*
lin e is laid w ith 8 5 -lb . steel. A ls o o w n s 11 m iles o f tra m w a y s,
—f¥. 01, p , 8 2 2 * 8 3 1 ; 7 . &% p , 3 2 1 , 0 5 0 1 T , 6 3, p , 3 5 5 , 8 8 1 .)
H iS T o a r .— F o rm e d in J u n e , 1 8 8 9 , t o s u cce e d th e Dciiv© A B io
R i c h m o n d 3c D a n y l l l e . —8 m 8© «tb©rn R a il w a y C o.
G ran d e W estern , b y p lan o f M arch, 1889. V. 4 8, p. 4 2 9 ; V. 5 2 p. 9 4 1 .
R lriirta op d F re d e rfe k a to tt-rs A: P o t o r o a c K R . - O w bs frem
Ca p it a l S t o c k .—P re fe rre d s to c k is e n title d to 5 p e r c e n t dividend,
ffijS fiA
to Hnwitmc,. 7 9 m ile*; Jam ea R iv e r bran eh . 3 m .; S e ^ « n ou -cu m u ia tiv e, then co m m o n s to c k to 5 p e r ce n t, a fte r which both
H O *m m t o J u n ction , e t a , 4 m ile*, t o ta l 8 8 m ile*. T he d iv id e n d ob ll- cla sse s o f s to ck snare p r o rata.
^ F e* r® eernm d iv id en d s aa eom tu on stcieir, b a t c a r r y n o v o t in g
*
D i v i d e n d s .—Fre- ?
1891.
1 89 2 .
1893.
N one
K r . ? ' T i " g u a r a o t w l s to c k I. -s lit to b o secu red b y it r o o r t « » g e
fe rre d , p . c*
§ 3 % an d 2 H p ref. atk,
5
3%
sin ce .
JSS*
C u osois a re r e s e r r e d fo r p r io r b on d s m oto rin g .
S L 2 S & ’870 o t W ~ d 7s m o to r in g J u ly 1. l $ .>, $ 9 ,4 0 0 w ere c o n - I BoBttffiv—S ee a b s tra ct o f m o rtg a g e (C en tra l I r u s t C o., tru ste e ) In V ..
▼wted into com m on *toek a n d > C .
off,
1 49, p. 2 3 7 , and sta te m e n t to N e w Y o r k S to c k E x c h a n g e in V. 5 0 , p. 7 3 ,
acme

Other

B tm p t

%* MI A 4

0

2

8
2

9

0

4

Armour

M AP OF THE

'Alton

RIO GRANDE WESTERN
D a k o t a J<

RAILROAD & CONNECTIONS./

C h a d ro n

*5^

Fonda
N io b r a r u i

D o u g la s
O ’ N e ill C it y

Creighton

franklin
lo rfo llc
O a k d a le
H a m s Fork

Lena

M e n lo

S u lp h u r S p r .
iv a n s to n
6 C IT Y
D ix o n

CITY

'CHEYENN

V

.e n e s a w

C u rtis

H ayden:

4 > ;o ^

b

'a,rmoni\

Buffalo
IC A G O
H a r r is o n ]
D an bu rv

Lenn don

C oncdl

Downs

C ly d e
ia r r is o n

L enora<

jq u ia

S to ck to n

.G o d f r e y
is t i e R o c k

oXument

-A s p e n .

M lu n e a p o l
H ugoJ

fc ^ E a s to n J c.

BUEnV VISTj

DLORADO SPRS.
M a n it o u

%

J u n c tio n

C ity ^

A W E STE R N ,

N

jVroya
KANSi

M
earsj

ros

X ia rn ett^
G r e a t B e nt

gfFort. x
fe?Sanford

Hutching

J e tm o re <

VALE

C o ld S p r . o
W e s tc liffe o
-9

S ilv e r S p r in g o

Eldorado

C °,
W i e l d tt

W a g b n -W h e e ?

Bueklut>c<''^

S IL V E R T O N

° Clarkston

bgPURANGO

ALAMOS^l
ANTONITO/^Js
?

Jgm

MESA
LAVACA

V V in ficld
f

M e d i d n e L o d g e t> T

.E l M o r o '

^Trinidad ^

S t a t e L in e

^ v ^ xKiowa)
~

|
Dillon^Trinchere
-A q u a G r k n d e !

P at-aval

S u tto n

M o rte s

£6

O j o A m a r i l lo

y

S p r in g e r

ra r w ic k >
T u ls a

W agon M d.

Morris

Gibson

O raybe o

Spring

%
-ckard

M a t lo c k

'
^V V in gate

Wallad
G ra n ts

W t i lu o u s l

O nava
Las V egas

\

1

-^'Miami
'a n H a n d le
a flh b u rn

r
k

Canadi

A pril , 1897. j

HA 1LKOAD

STOCKS A K D

BONDS.

131

R A H ,R O A D S .
M iles D a te
F o r exp la n a tion o f c o lu m n h ea d in gs, A c., see n otes
of
of
o n first p a g e o f tab les.
R oa d . B onds
S om e 4 C l i n to n - S t o c k ....................................................
....
Som e Watertown it Ogdensburg—;S tock , guar."(end]
st M ., W at. A R - R o m e t o C ane V in. ,s. f. o t d r -n.< •
97
S yracu se N ortlT n, 1st .if. S yra cu se t o S a n d y C r . c
13
C onsol. Jf, lint, b u t n o t p rm . p a y a b le tu g o l d ) . . .
AH
Os w e g o B rid g e Co. 1st l u o r 'c a .','. . . . .
....
I S yra cu se P R en ix A O sw eg o 1st m o r t g a g e ..
17
* « 2 r 2 * M « n t . st M.. *.,$3*50,000; $ fl0 ,0 0 0 p .in .
13
R. W. A O g T e rm . R R . st M .,c o ld , assum ed ...«*•
14
O s w e r o A R om e, 1st m o rtg a g e , gu aran teed ...........
28
2d M.. go ld , g u a r
A L (em lj b y R, V, A o . , i r
28
J. F ahs Br K R .i .A > - l 3 , 0 0 0 < > w n .O r R .W .A O .)
t?U ca A- B L RJy. st’ k.T p. e. p erp et. gu- b y R .W .A O.
150
C layton A T heresa ! st m o r t g a g e ...................... c
16
1 34
2
Mut.atid—s t o c k . p referred fo r core, see text)
120
st m ortga ge
tier ce n t, m lu e e d to * , ___ _
120
m o rtg a g 1- St first uax llin g . . . . . . . .
------«*«*.»e andOil , won r o«*U :'Kstock ________ n
h
120
120
7
67

,1
1

0

1

1
21
*

1

1

18

5

A lt o s B r id e ; 1st M . g...............
............. .............. ‘.I
m Jok „.tb o r v < i . / ; * « Stock. S i.2 » r ,5 0 o .'p f .
^ F iw t m or t ..< $ l.3 2 3 .0 o 0 . guar, b v ri. A M .ieold le*

St, Joseph t ffrar.<i Island Ey.—Common stock.

1 st prefe red „ to c k , 5 p e r cen t, m m e u m . . . . . . "*:
-d p re fe rr e d s to c k , 4 p e r c e n t, oori cu ir
l i l M , g.,, o p .e. • y r -c , • p .c . - y rs., th ou .........■err
— •—
•
3
3
.c

2

I

2

i ....

10 0
3 4 5 ,3 6 0
61s J. A J.
to n
ch e e k
IOO
10,000,000 ;5 p e r an. Q .—F. C lin ., G ,r.ECY . , bSytation, J a n .. '9 7 .3 % %
N. Y
ent.
100 A c.
F b .l5 ’ 9 7 .m %
4 1 7 .8 0 0
6
M. A a.
do
<Jo
S ept, , l 9 i o
$ 1 ,0 0 0 .
$ 5 0 0 ,0 0 0 i
J. A J.
7
Y -, G r. C ent. S ta tion . J u ly I , 1 90 1
; 1 ,0 0 0 I 9 .0 7 6 .0 0 0 i
5
A. A O.
do
do
J u ly 1, 1 9 2 2
j
100,000
6
F. A A.
do
do
J u ly 1, 1 9 1 5
;
|
1 7 5 .0 0 0 I
F. A A.
6
do
do
F e b . 1, 1 9 1 5
......
1 3 0 .0 0 0 *
5 g . A. A 0,
do
do
A p r.
, 1 9X 6
; 1 ,0 0 0
3 7 5 .0 0 0
M. A
do
do
M a y 1. 1 918
i 1 ,0 0 0 |
3 5 0 .0 0 0 |
I 8 ' 1M. A N.
do
do
M ay I] 1915
! 1 ,0 0 0 I
4 0 0 .0 0 0
5 g. F. A A
do
do
S la y 1, 1 9 1 5
2 5 0 .0 0 0 1 p e r an.
___
do
do
'6.8-71:
100 I 2 .2 2 3 .0 0 0 7 p e r a n cM . A
do
do
M a r.3 0 ,'9 7 ,3 J a
1.37S ,500 Ac.
200.000
7
jj. A
do
do
! 1 890
J u ly
, 1898
. 1 .7 5 0 .0 0 0 i
4 g . J, A
do
do
J u ly 1 , 1 9 2 2
ISS'J
1.000
5 0 ,0 00 1
o ir. J . A
P h ila d elp h ia .
1 0 0 j 4 .2 3 9 .1 0 0 1 . J n '9 7 J.
J u ly
, 1916
See c o m p a n y ’s offloe.
. %
1 872 t o o A c.
1 .4 6 4 .1 0 0
6
M . _ .. . B oston , G lo b e N at. Bit. J a n . /
A N
N ov. ,
1 87 8 100 A c.
1 ,4 3 0 ,9 0 0
5
F . A A.
do
do
A u g . , 1 89 8
1,000 j
1 88 1
6 0 5 .0 0 0
4 % g, J. A .1. N . Y ,, 0 . S. Store. A Tr.
2 5 5 ,7 0 0
0
Q.— F. T r o y , U n ited N at. B 'nk . J u ly 1. 1 94 1
F e b ., 1 89 7
1891
See text..
5 g. > t A
.
Sept. 1, 1931
100 i
5 0 0 .0 0 0
1893
1.000 i
5 0 0 .0 0 0
5 g . J. A J.| J u l y ,’ 9 6 ,"co u p ] la st p d .
50
S ee t e x t.
3 ,8 4 8 ,5 9 0
131
1891
1.000 [ 2 .0 6 8 .0 0 0
L 'A x ,
* S. B
s
100 I 1.8 0 0 .0 0 0 T o b e hel d in v o tlinoston."C onip ’ yp e Office. M c h 'l . " " f o 4 4
g tru st f o r
rio d s t:*ted in t o r t ,
100
5 .5 0 0 .0 0 0
do
do
do
do
do
100 ! 3 .5 0 0 .0 0 0
l*\<~
1,1X10 I 3 .5 0 0 .0 0 0
J-3-4 g. J. A J. ls t co u p , d u e j ’"jy ,
! 1 85 5
1871
1 874
■ 1 38 5
! 1935
1886
1 838
; 1 86 5
:
1891

1

.

1

S ite, o r
IN T E R E S T O R D IV ID E N D S .
jBo/itfs—P rin o iPar
_ A m ou nt
p a l/W h en D u e,
V a lu e O u tstan d in g R cJVi’ e! :pajnbSc Wher6 W
A . aud by 1 A S S s t
’S
W hom
D iv id en d .

1

1
2107 1
1 1902
1

1.000

1

1.000

8

252

1 > 7 Jail.T, 1947
9

In

IsinroTement^.
including t l miles o f tram way*, but not th«"s.’ vior*Ry A ’ eurttUb. uor

oiffourtb* Itoreta?' l n ' c t o t o i ? ' y J u

‘ "b ? ' ’

, p. 5 0 ?
p .5 0 7
Y ^ r m id , Junta 30— « 3 . ism, , 6 9 7 . 7 0 T '
m
mm,
m iin a c e ___
531
531
&tma
_____ .$ 2 ,4 5 7 ,3 5 0
i
W et e& n& n& l. . . . . . * 8 9 ,6 5 0
667,094
Ineornr ............. .
957,1 m
7 1 5 ,7 4 8
tm t o a d * . . . ,
®mtom
6 0 8 ,0 0 0
H '
.............. ,
107,751
6 7 ,4 8 5
iKvM endrt...................
fe ta l

i 5 ,2 5 2
$ 6 0 1 ,3 4 1

Jh m m

s

I “ » U d7.*"d i* t

-

^

e,

R

# 9 .8

S 3 Ses 8 f e s S 2 ^ < a ^ « a f f i
. 8 2 7 ,8 7 0 ; n e t.

Y

82,32L

.i r e n c :!li!,'!.b,crn.f7 ; ? . s v ! r U ; T w

p~*rt»r I

f » « Mcsh" a r g e m m s e . 7n.7 n *a .i-i' i 2i _ -* & ' ,
3 « , . U !.
.V
. o a
5 9 ;
o

-

» • « £ < - »

5

$93*J,974 ■ , HfSPAt'kT, Kl i ; . —
ti ne J an 1 1 807 w s * nnr n «i i
i
* * t W * , ! m | ^ ^ 9 7 , J . F . B -vm ard wan S p p o m A
******** ° * ***'
® ° .!V .r T ra, a'W !t! ” n ! « . 500,001* fire! m n rtg n rc b o n d s s o ld . $ 1 0 0 ,0 0 0
$

DV

t ^ 8 ,# m3 , .TO*” o t h e r y n c o m
'' t»*“ i * * r
2 ri
K !
( U .t .

* f| $ fg

586,089

r f l ftS S
**Y. 0 t% p, 4 1 a ; Y*. §3, p. 561, 5 0 7 , om i , 0 0 7
Ho-clae-wi^r

Bentil. #34.012.

< 3 M ff > “

.

,. 97l&,7t£k
................. mm$*Mi t
4m

u t ^ o u J u m M . ' l B O O . ’ * * “ “ 0oU“ ‘ * rB‘

1 89 4 ,
531
$ 2 ,1 0 1 3 1 8
6 4 7 ,0 8 3
6 7 0 .6 9 1

IB

■

S
R

*

1

s

r o r * 0ew •

a

«?“
> r^issr^.*
{;

3 0 . 1 8 »fl, « r o « . « 6 2 , 6 2 0 ; (J«f. a n ln r

« 4 k « k : V t o o r ■ C n ,o n J ‘*i"ifle

1°*?“ * tru?.t W,M « ' » " > control for the first preforrod .to o k

S t
<to » l O .« w 5 ) W n B S i 2 y T

S2S,

1894"

c w c t /i

«hero"»fter 4 ? . * .

e w * o b u « a « lo n » w ere $ 3 3 3 ,- 1

1890 are guaranteed* I** ™nn *•* By tb*? tv.to ‘
.
M"
‘ w.
*!*% sio..
»».
. *7% * V ar» ■
^

^ o

™wtg»ge*,
,
8#% \*
#*

B a re.

1 st

bond*
«

*

?

?

,

«' ■ « * p t A

:

t jr r :^

*i5 J *

$%

•r
» w in V b on ^ ’ f S ' u k ? ^ ^

h%

2 (J p re f.
store/
2 5 ?,
100%

Com.
stock.
1n.

.. .
100%
P rov M fO 'if $ 1 2 0 ,0 0 0 , w ® a fte r "r o o r g a n ir a
f-mti bti f o r U n i itr o ywjir* iinciiidtiKf
a
8
*,
b o n d ,,. $ 8 0 ,0 0 0 ; f r W t e g 3

V i . 120

* the Bfethind » » .
*
.........................

m w T - ° ‘ 1 p#r •*"* *r,M
‘

■ S sa ssT K .

70%
12%

2

2............. « v o - . ,

$ 1 8 0 ,8 0 5 (

n e t, $ 7 0 ,0 7

6

F-1— bnt In Mareis ‘ISPu, receivers |In
41*
"

• 5 p S * ^ i a n J 5 t ' ^ 7 r ? r . * n<1 on

ta w i

Is tp r e f.
stock,

50%

3%

B ‘ J « n * l t e F e b ° | llWd t i o

iW
8a»

f o r rn.es o f

.— .4tul receive new secu rities— .

. .. ..
Common ilo n k

®J!re. i * H e »8 " liT A d d *«im I t Y I d ‘ n* Vt;
('

H,.u. i < J ^ h w .o ixi r e .o r v e d

OT *«»• !*»•

f l5 2 *33$, Riatnaient- for 1305
a p ' v S t f i a ehnwed g r p « , .**614,07#: not, #110,720; t»X M *9Tc... , . bal. f w ^ o fe r c e t , # 1 3 ,5 0 3 . In 1994 g r o ss , $ 7 8 2 ,« 6 r
l.
'
%
crate. “
*J V ' A . t U | 1.(5 , IfrORU
T
If.*,
: n e t, $ 1 9 0 ,lo 1893, gro**, $1,005,098? net, $337,912.
n
• ........

•.asraw«“ '»> »-| § e ^ ,
S

r

i

-

-

lE

^

wcto $ 45 ,00 0 , b u l l * J a t ’n a r ? I S f l l 't h S S i * 1 , } ' i ^ a o , n o te s p a y a b le
?
C U B iiM _ * w _ w
» v f,' l
h
' f c c n ‘ ,a l ,1 - v - « * . p. 35.
lug* were $ 3 2 9
a -iT n e t
r
Jl 0 6 <4% m on th si. g r n , , ea rn 8

•

S

S

3

*** ,*»oe' 1 <*«ty 1“

v

S

i

S

£ gatlouSla e « o>
S
l|f)0 f

K » ?
S &
tlie .Malone %» Bt, Lt^Sf^L »
,,,"rn ,ts"' ,A,n th0 " 'd bonds have boon

y- l S

i

j s

w

.

dim, V & r d Z b f - i t ^ C W u l f 7:

*"r" li,2 - Pre8i!
-3£W

3 1 . U « i , A l t o n A: T e r r e H u n t , - . —$ e o X u .iN ots O e s t k a l .

8 t.

I .o t ii.

A v o y c l l e * A:
w e a t e r n I t y . —Own# from
' " ’ Itb Uranelt, 36 ndlat in all. O o m p l e W S

PR ^ L Pr7 ? i i ^ - ' - » ^ n e S S . ^ I i . ^ t , WPW! "V",i4" S 2 ? k ies7nS,l? mi5|M
>rt'
to Castien.-n, v 8 *? *V ?*,“ ** ****>—
-".
'pwm* * W » New Y ork Slate line
' 7
Feb. 1. 1970. in p «r p « t„ity to

M,U ,
in J u n e , m m . ll. J. FH eh w in a p p o in te d r e c e iv e r
h n
' f t f b o 'p r,‘? « ‘r r U1' p 0 i,,te d o o rce e iv e r,
i* said th e f o r o o l n a u r f im t

11

12*

INVESTORS’

SUPPLEMENT.

[Y o l . L X IV ,

S u b scrib e ™ w ill c o n fe r a *jreat fa v o r by g iv in g im m e d ia t e n o tic e o f a n y e rr o r d is c o v e r e d in th e se T a b le s .
Bonds—Prind
INTEREST OR DIVIDENDS.
RAILROADS.
pal,When Due*
Miles Date Size, or
Am ount
Rate per When Where Payable and by Slocks—Last
of
Par
of
•For explanation o f column headings, «fco., see notes
Outstanding Cent. Payable
Whom.
Dividend.
Road. Bonds Value.
on first page o f tables.

SL Lawrence d A dirondack Ry.—S tock....................
56
1st, $800,000, gold.....................................................
56
2d mortgage. $400,000, g o l d ..................................
—
St. L. & Ad. Equipment Co., equipm ent m o rt—
St. L ouis Alton d Terre I I —See I llinois Cen tral .
36
St. Louis A voyelles d S. JF.—1st m ortgage, g o ld ... .
St. Louis d Cairo—1st M.t gold, lnt. guar. M. < O..C 161
fe
St. L. Cave Girard'u d Ft. Smith—O lddlv’l bonds, g.
94
Cape Girardeau 8.W. consol, m ortgage.......... gold
65
Arkansas Extension 1at m ortgage, g o ld ... o*Ar
St. L ouis Chic, d St. P a u /.-E e o ’rs* cert. ($400,000)
Equipm ent trusts, June 30, 1895...........................
—
St. L. Ind. d E.—Vr. lien M., $300,000 g.,red. at par
*
1st m ortgage, $5,000,000, g o ld ................................
St. L ouis Kansas d Southwestern—1st mort., gold.
20
St. L ouis KetincU d Southern.—1st m ort., g o ld ...c*
St. Louis Merchants' Br. Term.—IstM ., gu .p .& i.,g .c
Merch. Bridge lstM .,re d .a fte rF e b .l, 1909, at 110
St. Louis Peoria d Northern—Stock, $ 5 ,000 ,000 ....
14
St. Louis & Peoria, 1st m ortgage............................
1st m ortgage, gold, $5,000,000...................... o*Ar
S t. L o u is
San F ra n c is c o It 11.—Com. stock ... 1,162
1st preferred stock, 4 per cent, non-cum .............. 1,162
2d pref. stock, 4 p er cent, non-cum., $16,000,000 1,100

$100
1896
1896
1896
1895
1886
1880-5
1888
1890
1893-5

$1,300,000
(I )

<t)
(D
500JtC.
1,000
1,000
1,000

1,000
1896
1,000
1890
1886
1,000
1891
1890 500 &c.
1,000
1889
1889
1889
1,000
1896
100
1896
100
100

5 g. J. & J.
6 g. j . & j .

N ew Y ork City.
do
do

5 g. A. & O. A pril,’96, coup, unpaid.
fe
fc
000 4 g- .1. < J. N. Y ., Farm. L. < Tr. Co.
In default.
6 g. M. & 8.
In default.
535.000
6 g. M. & 8.
In default.
10,000
6 g- j . & j .
ann.
6
See text.
396,273
512,947
In default.
200.000
6 g- j . & j .
790.000
5 g. M. & 8.
In default.
890.000
6 g. M. & S.
St. Louis, Mo.
135.000
6 g. F. & A.
3.500.000
5 g* A. & O. N .Y .,F ’rsI,.&Tr. A St.L .
F. & A. N. Y ., Farm. L. Sc Tr. Co.
2.000.
000 6
(?)
182.000
2.140.000
5 g. M. & N. N.Y., M aitland, C.& Co.
25,617,780
5,000,000
14,335,700
4.000.

111,000

1946
1946
1925
Jan. 1, 1931
Sep.1900-1-2-5
Sept. 1, 1908
Jan., 1910
Mch.
Mch.
Sept.
Feb.
Oct.
Feb.

1,
1,
1,
1,
1,
1,

1940
1940
1916
1921
1930
ly 29

1929
M ay 1, 1936

s t . L o u I n i r o n M o u n t a in Sc S o u t h e r n .—See Missouri Pacific
St. L o u is Sc C a ir o .—( See Map Mobile d Ohio.)—Owns Cairo to East
St. Louis and branch, 161 miles. Reorganized after foreclosure July, R a il w a y S ystem .
1881. Stock is $6,500,000. Leased from Jan., 1886, till Jan. 1 ,1 9 3 1 , to
S t. L o u I n M e r c h a n t s ’ B r id g e T e r m in a l R y .—Organiza ­
the M obile S Ohio RR.—rental o f 25 p er cent o f 150-640ths o f the gross tion .—Organized to construct a double-track railroad in the city of
c
revenue o f M obile & Ohio from M obile to E. Cairo and branches, o f St. 8t. Louis, extending from near the U nion D epot on 12th Street, via Main
L. & C. from Cairo to E. St. L. & branches, this rental being guaran­ Street, Hall Street, &o., to Ferry Street opposite the Merchants* Bridge,
teed by the lessee to amount to $165,000 per year. Rental for year 7 m iles. It ow ns and controls the Madison 111. & St. L. R y., connect­
en d in g June 30,1896, $196,750. In year 1894-95 gross, $858,307; net, ing the tow n o f Madison and East St. Louis, 8 m iles; and leases the
$203,280; in 1893-94 gross, $840,561; net, $259,716.
Venice & Carondelet Belt R R ., which form s an outside belt round East
St. L o u is Cape G ir a r d e a u Sc F o r t S m ith R y , - Owns from St. Louis, 10 m ile s; total, 25 miles. It leases the M erchants’ Bridge,
Cape Girardeau, 51o.,to Hunter, Mo., 9 4 m iles; leases branch to Zalina, agreeing to pay the interest on the Bridge Co’ s $2,000,000 bonds.
9 m iles; total operated, 103 miles. Successor in 1891 to Cape Girar­
B onds, E tc.—The m ortgage o f 1890 is fo r $3,500,000 to the 8t.
deau Southw. March 4, 1893, Louis H ouck was appointed receiver. Louis Trust Company, as trustee, and the bonds are guaranteed prin­
It is thought that the m ortgages on the property w ill be foreclosed in cipal and interest b y the Term inal RR. A ssociation o f St. Louis. Both
1897 and the road reorganized and extended into northwest Arkansas. issues o f bonds are subject to call after 20 years at 110 and interest.
S ecurities .—I n May. 1896, $50,000 receiver’s certificates w ere Stock authorized, $3,500,000; issued to J u ly 1, 1895, $2,939,500; par,
-authorized (with the consent o f $810,000 consols) fo r steel rails $100. On Dec. 31, 1896, there w as due to Term inal R R . o f St. Louis
but in A pril, 1897, no certificates were outstand ng. Stock ou t $868,489 for advances under its guaranty. In N ov., 1893, Terminal
outstanding, $1,150,000; par $100. A general m ortgage fo r $7,500,- RR . A ssociation o f St. Louis acquired control o f this com pany and
000 was authorized. There are also outstanding $150,000 7 per cent guaranteed by endorsem ent the principal and interest o f its $3,500,000
incom es. Cape G. & S. W. consol. 6s for about $850,000 are rep re­ first m ort. bonds and the interest on the $2,000,000 M erchants’ Bridge
sented by the Consol. B ondholders’ Committee; depositary, U. S. M ort­ first 6s. The properties w ill be operated join tly .
gage < Trust Co., New York.
fc
E arnings.—R eport fo r year ending D ec. 31, 1895, w as in V. 62, p.
E arnings .—F or year ending Dec. 31, 1896, gross, $113,048; net, 362, showing gross earnings, $602,475 ; net, $274,615; interest, etc.,
$1,082. No interest paid. In 1895, gross, $112,713; net. $3,943; $426,043; balance, deficit, $L51,428. In 1894, gross, $536,657; net,
rentals, etc., $1,727. N o interest paid.—Y. 63, p. 407.
$210,135. In 1893, gross, $ 4 50,4 54; net, $139,886. (V. 62, p. 3 6 2 .)
St. L o u is C h ic a g o Sc S t. P a u l R R , - R oad —Owns from Spring
S t. L o u is Sc S a n F r a n c is c o R R , - (See M ap .)—The system
field, 111., to Granite City, 111., 103 miles; branches to Bates, 3 miles, em braces:
and to Grafton, 8 miles. Connects at East St. Louis w ith Term inal Ry.
L ines owned—
Miles. I
Miles.
Association for St. Louis, etc.
St. Louis, Mo., to Paris. T e x . 584 [ Total owned M ar., 1 *9 7 .........1,162
Mnnett, Mo., to Seneca, Mo .
45
O p er'd for acct. owners—
So ld .—Sold in foreclosure A pril 3 ,1 8 9 7 , to Thom as Carmichael.
R eorganization . - I t is proposed to form a new com pany, which P ierce City, Mo., to W ichita,K. 217 |At & Pac R R ., Cent D iv.f
Bra u-hes to Bolivar, e t c ....... 200 i Seneca,M o ,toSapu lpa, I.T. 112
shall issue the follow in g securities :
62
------1st M. 30-year gold 5s, to retire receiver’ s certificates, e t c ..$1,500,000 Beaum ont to Cale, K nn.........
54 |
T o ta lsy ste m ...................... 1,274
Thirty year 6 per cent non-cum ulative incom e b o n d s .......... 1,235,000 St Louis Salem & A rk. R R ..
•Common stock.................................................................................. 1,500,000
O rg an ization —Organized June 3 0 ,1 8 9 6 , to succeed to the property
The incom e bonds w ill be given in exchange, dollar for dollar, for and fr incilises o f the Railway com pany so d in fore losu e and reor­
the old first m ortgage bonds. The holders of the latter, if making the ganized oer p l a n iu V. 6 Z, p. 829 and 1140—see also p. 742. The new
exchange, will have the privilege o f purchasing securities o f the new com pany elected n ot to assume the contracts o f the old corporation
com pany at the rate o f $1,000 new first m ortgage bonds and $1,500 relating to the \tlantic & Pacific nor to take the stock and leases of
new com m on stock for $800 in cash.—Y. 64, p. 708.
the St. Louis Kansas & Southwestern, Kans. s Mi land and Kansas
&
E arnings .—In year ending June 30, 1896, gross, $290,727; net, City < Southwestern. See V. 63, p. 3 0 ; V. 62, p. 137,187. The St.
$34,975. In 1894-95, gross, $238,223; net, $51,684; charges, $97,805; Louis Salem & Arkansas was purchased in M arch, 1897 fee V. 62, p.
balance, deficit, $46,121. (V. 55, p. 100; V. 56, p. 1016; V. 61, p. 728, 1140, and V. 64, p. 567. The K. C. & Southwestern was purchased at
foreclosure sale Dec. 1 9 ,1 8 9 6 .—V. 63, p. 66 1,11 60.
872; V. 63, p. 79 5,1 1 6 0 ; Y. 64, p. 708.)
Stock and V oting T rust .—As protection to the new mortgage
S t. L o u I n I n d ia n a p o lis Sc E a s te r n R R . —Switz City, Ind., to
Eiliugham, 111., 90 miles. Organized in 1890 as successor to the bonds, all classes o f stock (except shares to qu alify directors) are
vested in the follow in g votin g tru ste e s: John A Stewart, Louis Fitz­
Indiana & Illinois Southern R R ., sold in foreclosure, but the property
gerald, J. K ennedy Tod, Isaac N Seligman, Beniamin P. Cheney, Sam­
is still operated under the old name.
* Capital stock issued is $740,900 (par $100), o f which $1,900 is com ­ uel c . Eastman and James A. Blair, to be held by them and their
m on; authorized $6,792,000 com m on and $4,528,000 o f 5 p. c. pre­ successors join tly foe fire years, and for such further period o f any)
ferred. Mortgage trustee, Central Trust Co.. New York, and M edford as shall elapse b efo e the first preferred stock shall h ave received a 4
per cent cash di\ idend fo r tw o consecutive years, although the voting
B. Wilson, o f Indianaxiolis. President, W. H. A lley, Sullivan, Ind.
trustees may, in their discretion, deliver the stock at any earlier date,
St. L o u is K a n s a s Sc S o u th w e s te r n R R . —Arkansas Citv to but not in any event prior to Jan. 1, 1902, save with the co n -e n to f
Anthony, Kan., 59 miles. Leased to old St. L. «fc S. F., but was not in­
cluded in the reorganization o f that road. Dwight Braman is receiver, the holders o f at. least two-thirds gin am ount o f the t»eneflc al interest
certificates o f each class. V otin trust is dated July 1,1 896 ,
but it is understood that road is not oxmrated.
No additional m ortgage can be put upon the property, nor the
Capital stock is $1,190,800, o f which St. L. & S. F. owns $993,500.— am ount o f the first preferred stock authorized be increased except
V. 63, p. 1011.
w ith the consent, in each instance, o f the holders o f a m ajority o f the
St. L o u is P e o ria Sc 'N orthern R y . —Road runs from St. Louis, w hole am ount o f each class o f preferred stock and of a m ajority o f such
M o., to 8i>rlngfield, 111., 99 miles, o f which 83 miles is owned and 14 part o f the com m on stock as shall be represented at a m eeting; also
m iles from Gloa Carbon to St. Louis is trackage over Chicago Peoria & tlio am ount o f second preferred stock can not be increased except
St. L. and St. Louis Merchant’s Bridge Terminal Ry. Extension pro­ with like consent by the holders of a m ajority thereof, and a majority
posed through Peoria and Pekiii to East Clinton, 111., 251 m iles from of such part o f com m on stock as shall be represented at the meeting.
St. Louis.
The new com pany m ay reserve the right at any tim e to redeem
H isto ry .—A consolidation July 1 ,1 8 9 6 , o f the St. Louis & Eastern, either or both classes o f its preferred stock at par in cash.
St. Louis & Peoria, North < South RR. o f 111. railroads and the Madi­
fc
Bonds —The consolidated m ortgage (trustees. M ercantile Trust Co.»
son Coal Co. and Mt. Olive Co. The coal properties are said to have N. Y ., and Paschal P. Carr, o f St. Louis) fo r $50,000,000 (a b s t r a c t in
a capacity o f 6,000 tons p er day. (V. 62, p. 86, 591, 64 3 ,1 0 4 2 ,1 1 7 9 .) V. 6 4 , p. 1 8 6 ,) is secured u pon all properties and securities embraced
Stock and B onds .—Capital stock authorized is $5,000,000; par in the reorganization and also all other property hereafter acquired by
$100. First m ortgage bonds (Central Trust Co., N. Y., trustee) were use o f any o f the new bonds. E nough n ew bonds at the rate of
reserved as follow s: $182,000 to retire the St. L. & Peoria firsts; 80 per cent (approxim ately $39,072,000) are reserved fo r the retire­
$150,000 to build or acquire a lino from Glen Carbon to M erchants' m ent o f all outstanding undisturbed issues. The bonds not required
Bridge, St. Louis; balance at $20,000 per mile, including equipm ent fo r reorganization w ill be reserved for betterm ents, equipment, etc.,
fo r each m ile acquired north o f Springfield, HI. The m ortgage covers to an exten t o f n ot ex ceedin g $300,000 in any one year. Nc compul­
th e railroad, its equipm ent, about 4,500 acres o f coal, etc., as stated sory redem ption o f the new bonds can be m ade imior to their matur­
in V. 62, i>. 1179, the Madison Coal Co. join in g in m ortgage and pledg­ ity. Fixed charges o f the n ew com pany, including branch lines to be
acquired, w ill be about $ 2 ,0 5 0 ,0 0 0 .- See V. 64, p. 182.
in g its property and income. President, Wm. E. Guy, St. Louis, Mo.
G en e r a l F inances .—B y reorganization the fixed charges were re­
S t. L o u is I n d ia n a p o lis Sc E a s t e r n .—Owns Switz City, Ind., to
Efii ugh am, HI., 90 miles. A reorganization o f the Indiana < Illinois duced from $2,531,674 to $1,994,330. exclu sive o f the interest upon
fc
Southern foreclosed Jan. 6. 1890. Road is Rtill oxmrated under old bonds w hich m ay hereafter be issued to acquire $4,032,000 branch line
title. Stock —Common, authorized, $6,792,000: preferred, $4,528,000- bonds. The p lan p rovided fo r the im ym ent o f all car trusts, and the
outstanding, as in table. The prior lien m ortgage for $300,000 is new com pany starts with no debt other than the funded debt as stated
recognized as prior to the first m ortgage b y agreem ent with the bond- above, and with am ide x)rovision for future im provem ents bv the re­
‘
rJL2^L-wa9 lf49Ued *or improvements. Bills payable June 30, servation o f bonds fo r this xmrpose.
JS55’,? 37,770, In - ear on(i in? dune 30, 1895, gross, $76,497. In
v
E » knings .—8 m on th s,) 1 8 9 6 -7 ...Gross, $ 4 ,008 ,514 ; net, $1,780,64$'
JL893-94, gross, $74,327; net, $1,180; in 1892-93, gross, $98,764.
July 1 to Feb. 28. 5 18 95-6 ...G ross, 4,2 19,7 25; net, l,735,65t

123

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1*24

INVESTORS’ SUPPLEMENT.

[VOL, L X IV ,

S u b s c r i b e r * w i l l c o n fe r a g r e a t fa v o r by g iv in g Im m e d ia te n o tic e o f a n y e r r o r d is c o v e r e d In tlie se T a b le s .
Bonds—P iinci INTEREST OR DIVIDENDS.
RAILROADS.
pal, When Due.
Miles Date Size, or
A m ount
Rate per When Where Payable, and by Stocks—Last
Par
of
of
&or explanation o f column headings, Ao., see notes
Outstanding
Cent. Payable
Whom.
Road. Bonds Value.
Dividend.
on first page o f tables.

St. Louis d San Francisco—( Concluded)—
2d mort. (now 1st), A, g o ld ) (Pacific to Seneca,c' 294
294
do
Series B, gold .........> Mo..A branches, c ‘
do
Series C, gold........ )
294 miles.
c* 294
82
Mo. A W. Dlv. 1st M .,g.,$5 ,000 yea rlyd r.atl05..c*
St. L. A San F. ool. trust gold, sink. fd. not drawn .0*
Gen. M., g. (1st on 305 m.) $7,807,000 are Gs.o*
55
C ollat.T r.M .on b r’ ches ($20,000 p. m .),gold..c*
New Consol, mort., $50,000,000, gold, no option 1,162
8t. L.Wlcn. A W. 1st M.. red. at 105, g o ld ..............o* 145
Ft. 8. AV.B.Bridge 1st M.,g.,dr.at 105.guar. p.Ai.e*
/S Louis Siloam d- Southern—1 s t M .,$8,000,000,g.
t.
St. Louis 8 outh%ces,e m —Common stock....................
Preferred stock (5 per cent non-cum ulative).........
1st mort. certificates, $16,500 p. m., g old ....... o* 1,222
2d M. income cert., $10,000,000,non-cum .,gold.c* 1,222
Car trusts July 1, 1 8 9 6 .............................................
St. Louis Van. d Terre H.—1st M., guar. s.f. not dr.c* 1*58
2d mort.. sink, fund, not dr’n ($1,600,000 guar.).c* 158
Car trust notes (Oct. 3 1 ,189b)................................
St. Faul d Duluth—Common stock.............................
Pref. 7 per cent stock and scrip subj. to call at par
1st m ortgage..................................
c* 167
2d m ortgage.............................................................. c* 167
21
Taylor's Falls A Lake Sup., 1st M. gu., s. f. not dr.c*
25
Duluth 8hort L. IstM , guar.,p.Ai.,s.f. not dr’n.c*
12
8tillwater & St. Paul 1st m ort., g. (not guar)........

$500,000
6 g.
1876 $100 Ac.
2,766,500
1876 500 &C.
6 g.
2,400,000
6 g.
1876 500 (fee.
1,036,000
1,000
1879
6 g.
1,000
1,014,000
1880
6 g
1,000 20,100.000 5 & 6 g.
1881
1,099,000
1,000
5 g.
1887
6,388,000
1896
1,000
4 g.
2,000,000
1,000
1879
6 g.
324,000
1885
6 g.
1,000
100 Oo.,’96, none
5 g.
1896
100
16,500,000
100
20,000,000
1,000 20,000,000
4 g.
1890
1890 500 Ac.
8,000,000
359,092
6
1891 various
___
See text.
1,000
1867
2.600,000
1868
1.000
7
53,156
1892
100
4,660,207 See text.
4,792,80 L See text.
100
1,000
5
1,000,000
1881
1,000
2,000,000
1887
5
1,000
210,000
1884
6
1,000
500,000
5
1886
210,000
1870 500 Ac.
7

if

A nnual R e po r t .—The follow in g is a statem ent o f earnings fo r the
ArchI years ending June 30, and does n ot include any interest charges;
fixed "charges will b e : int. on undisturbed bonds, $1,771,390; new 4
p. c. bonds ($6,388,600), $255,544; rentals, $13,314; total, $2,040,248.
—See V. 64, p. 182, fo r general balance sheet o f Sept. 30, 1896.
1895.
1896.
$6,08 j.,424
.$6,162,055
Gross earnings (on 1,328 m iles).....................$6,162,055
Operating expenses—
$733,8«5
Maintenance o f road ........................................ $763,577
498,362
539,822
M aintenance o f equipm ent.............................
2,070,390
T ra n sp orta tion .................................................. 2,203,560
239,495
General expenses...............................................
238,589
Net earnings......................................................$2,416,507
.$2,416,507
R atio o f operating expenses to gross earns.. (60-78%)
(60*78%)
T a x e s.........................................................
215,793

$2,539,291
(58*25%)
202,504

Balance for charges.................................. $2,200,714
$2,200,714
2,336,787
O f f i c e r s — D. B. Robinson, President; B. F. Yoakum , V ice-President
and General Manager: Frank H. Hamilton, Secretary and Treasurer;
G en. Horace Porter, Chairmau o f the board o f directors.
D ir e c t o r s — J. Kennedy Tod, Isaac N. Soligman, J. A. Blair, E. C.
Henderson, H orace Porter, Fred’k Strauss, o f New Y o rk ; Benj P.
•Cheney, Wm. T. Hart, o f Boston ; Samuel C. Eastman, o f Concord, N.
H .; Charles S. Gleed, Topeka, K a n .; Geo. A. Matlill, R ichard C.
Kerens and Daniel B. Robinson, St. Louis.—(V. 64, p. 1 81,186, 567.)
St. L o iiIn S llo a m Sc S o u th e r n R R —This com pany, o f which
Ool. H. D. M ackay o f St. Louis is President and chief prom oter, in
Ju ly, 1896, filed a m ortgage to the United States Mort. & Trust Co.
^vud Tlios. Jefferson Portis, trustees, to .secure $8,000,000 bonds, to be
issued for tbe construction o f its road from F ort Smith, Ark., to St.
Louis, Mo. The comuany was incorporated June 15, 1896. A uth­
orized capital stock o f $8,000,000, par $100. (V. 63, p. 30.)
St. L o u is S o u th w e s te rn R y .—R oad extends from Bird’ s Point,
Mo., opposite Cairo, HI., to Texarkana, T ex., 418 miles, and thence by
the Texas road to Gatesville, 305 m iles; total, main line. 723 m iles;
branches, Mt. Pleasant to Sherman, 110 m iles; Tyler to Lufkin (narrow,
gauge), 88 m iles; Corsicana to Hillsboro, T ex., 40 m iles; Commerce to
Fort Worth, 97 m iles; Lewisville, Ark., to Shreveport, La., 60 miles;
Altheiiner to Little Rock, Ark., 42 m iles; Malden, Mo., to Delta. 51
m iles; other branches, 12 m iles; total, July, 1896,1,223 miles. Of this
total 13 miles are laid w ith 75-lb. steel; 1,064 miles with 56-lb. steel
rails; remainder 35-lb. Has trackage rights from Delta to Cape Girar
deau, 15 miles, over St. L. Cape G. A F ort 8.—see V. 62, p. 591.
O r g a n iz a t io n .— Reorganization per plan in V. 50, p. 141, 561 o f St.
Louis Arkansas A Texas, sold in foreclosure in October, 1890. Consists
o f three corporations—the St. Louis Southwestern Railway Co., the St.
Louis Southwestern Railway Co. o f T exas and the T vler Southeastern.
Grab’s Point Terminal Ry. was incorporated in May, 1896, to build
from Delta to Gray’s Point. 15 miles, and will issue $500,000 bonds.
V. 62, p. 988; V. 63, p. 30.
B o n d s —T he first mortgage ce rtifica te s a re issu ed a g a in st a lik e
a m o u n t o f first m ortg a g e b on d s secu red u p on th e co n stitu e n t lin e s at
a ra te n ot e x c e e d in g $16,500 p er m ile, and the s e co n d m o rtg a g e ce r tifi­
cates a g a in st s e co n d m o rtg a g e b on d s a t $8,250 p e r m ile.
The incomes are entitled to such interest up to 4 per cent per annum,
as can he paid out o f net earnings o f the railways auriug the preceding
fiscal year, after paym ent o f operating expenses, repairs, renewals, relacements, taxes, insurance and Interest on prior liens. The issue of
lese certificates m ay be increased up to $10,000,000, subject to re­
strictions in the mortgages. Up to October, 1896, no second m ortgage
interest had been paid.
July 1 ,1 896 . total current liabilities, $1,126,587, including $312,415
notes payable. There are some St. L. Ark. & Texas car trusts outstand­
ing. Current assets, $G19,488, including $289,274 materials and sup­
plies on hand; there are also in treasury $140,000 (at par) St. Louis
Southwestern firsts and other securities valued in all at $416,750.
L 1 R8TJ ? *RNING8 —J aT1- 1 to Apl. 7, 3*4 months, gross, $1,178,900
A
in 1 8 9 /; $1,300,910 in 1896. Calendar year 1896, gross, $4,867,518.
A nnual R eport .—F iaeal year ends Juno 30. Annual m eeting is held
at 8t. Couis, Mo., on the first Tuesday iu October. Report for 1895-96
was in V. 63, p. 648, showing earnings for the entire system as below.
Tear ending June 30— 1896.
1895.
1894.
1893
Miles operated..............
1,223
1,223
1,223
1 223
Gross earnings............... $4,904,489 $5,217,175 $4,615,145 $5,116 080
Operating e x p e n se s...
4,132,375 3,977,221 3,873,778 4,281,833

S

Net earnings........... $772,114 $1,239,954
P . o. op. ex. to earn s.. .
(84*26)
(76*23)
Tot. not, incl. other inc.
$782,192 $1,264,273
T a x es........
128,552
117,729
Interest on bon ds.........
800,000
800,000
Rentals, eto ......................
31,490
40,354

$741,367
(83*94)
$772,398
113,826
800,000
56,340

$834,247
(83*69)
$903 383
109650
800 000
4 o’,117

B ^ n c e ................. df.$L77,850 sur.$306,190 d f.$197,768” dh46,384
President, S, W. Fordyco; Vice-President, E dwin Gould - ( V 6<> n
5 9 1 ,9 8 8 ; V. 63, p. 3 0 ,5 0 1 . 6 4 8 ; V. 64, p. 664.)
(
’ P‘

M.
M.
M.
F.
F.
J.
A.
J.
M.
A.
M.

A
&
A
&
A
A
&
&
A
A
&

N.
N.
N.
A.
A.
J.
O.
J.
8.
O.
N.

New Y ork, M ercan. Tr.
do
do
do
do
do
do
N. Y., United States Tr.
N.Y., M ercantile Trust.
N. Y ., Union Trust Co.
do
do
do
do
do
do
N. Y ., U. S. Mort. & Tr.

Nov. 1, 1906
Nov. 1, 1906
Nov. 1, 1906
Aug. 1, 1919
Aug. 1, 1920
July 1, 1931
Oct. 1, 1987
July 1 ,1 9 9 6
Sept. 1, 1919
Apr. 1. 1910
1946

M. & N. N. Y ., Central Trust Co. Nov. 1. 1989
J. A J.
When earned.
Nov. 1, 1989
various N. Y .,C entral Trust Co.
To 1903
J. A ,T N. Y ., Central Trust Co.
.
See text.
M. A N.
do
do
Mav 1. 1898
To O ct.l, 1898
N. Y ., Of., 32 Nassau St. July 5, 1887
M. A 8.
do
do
M ar.l,97,2ia%
F. & A.
do
do
Aug. 1, 1931
A. A 0 .
do
do
Oct. 1, 1917
j. & j.
do
do
Jan. 1, 1914
M. A 8.
do
do
8ept. 1, 1916
J. & D.
do
do
Deo. 1, 1900

S t. L o u t s V a u d a l i a Sc T e r r e H a u t e R R , - (See Map Piflsb.
Oincin. Chic. & St. L .)—East 8t. Louis to Indiana State line. 158 miles.
L ease .—Leased fo r 999 years from 1870 to Terre Haute A Indianap •
RR. at rental o f 30 per cent o f gross earnin gs—profits and losses as
signed to lessees in proportion o f five-sevenths to Pittsburg Cin. Chic.
& St. L. and two-sevenths to Terre Haute A Indianapolis. V. 54, p. 846
Ca p it a l Sto c k .—Stock, $2,379,358 com m on and $1,544,700 of 7
per cent cum ulative p r e f.; par $100. The Terre Haute A Indian­
apolis owns $326,000 preferred and $460,600 com m on stock , the Penn­
sylvania RR. $837,000 preferred and $225,000 2d mort. unguaranteed
7s. and the Pennsylvania Company, Deo., 1895, $1,348,000 common
and $381,700 preferred. In 1891 and 1892 back dividends on preferred
were paid for 1879 to 1884; for 1885, 7 p. c. in March. 1894; fo r 1^86,
(No. 9) 7 p. c. in Feb., 1895; fo r 1887 (No. 10), 7 p. o. in Feb., 1896; in
1897, none.
B onds .—Of the second m ortgage bonds $1,600,000 are endorsed by
lessees, and also b y Pittsburg Cincinnati & St. Louis (now Pitts. Cin.
Chicago & St. Louis R R .), with agreement t o purchase the bond and its
coupons as they mature. The firsts ($1,899,000) were likewise so en­
dorsed and were purchased Jan. 1, 1897, at m aturity b y the Penn­
sylvania RR. Co. V. 64, p. 420.
Liabilities fo r freight cars on Oct. 3 1 ,1 8 9 6 , am ounted to $53,156.
A nnual R e po r t .—R ep ort fo r y ear 1895-6 in V . 64, p. 420, show ed:
Yr.end. Oct.31.
Gt'oss.
Oper'g exp’s.
Net.
Rental.
1896................. $1,013,638
$1,426,827
$186,811
$484,197
1895................. 1,735,049
1,463,068
272,881
520,785
1894................. 1,649,118
1,274,674
374,444
494,736
From above rental deduct the follow in g d isbursem ents:
Taxes.
Interest. Gar trusts, etc. Dividends. Balance.
1896
$61,462
$314,930
$21,220
$108,129 def.$21,544
1895 ......... 66,568
316,539
20,181
108,129
sur.9,368
* T otal surplus Oct. 31, 1896, $432,846.
Loss to lessee in 1892-93, $2 8,47 2; loss in 1893-94, $1 20,2 92; loss
in 1894-95, $247,902; loss in 1895-96, $297,279.—(V. 62, p. 187, 273;
V. 63, p. 924, l O i l ; V. 64, p. 4 2 0 .)
S t. P a u l Sc D u l u t l i H R . —Owns St. Paul, M inn., to Duluth, Minn.»
155 m iles; branches, 29 miles; leases—Stillwater A St. Paul RR., 13 m.;
Minneapolis & Duluth RR., 13 m.; Taylor’ s Falls & Lake Superior, 20
m.; Duluth Short Line, Thom son to W est Superior, 18 m .; total, 248
miles. Second track, 17 miles, Ju ly 1, 1896. Between Carlton and
Duluth, 24 miles, road is owned join tly with the Nor. Pacific, but of this
14 miles between Thom son and W est End is but little used, the Duluth
Short Line affording the St. P. & D. access to Duluth. Uses Minn. &
St. L. term inals at M inneapolis.
H is to r y .—Sold in foreclosure M ay 1 ,1 8 7 7 , and reorganized.
Cap it a l Sto c k .—From the earnings o f the railroad the preferred
stock has a prior right to 7 per cent yearly, then com m on to 6 per
cent, any surplus goin^ to retirem ent o f preferred. The preferred
stock is also received in paym ent for lands at par, and is entitled to
receive from land sales any part o f its 7 p er cen t dividend yearly for
which railroad earnings do not suffice. The preferred is subject to
call at par for redem ption with land sales, after drawing by lot, if not
purchasable below par in the open market, the sums applied to its re­
demption and retirem ent being as fo llo w s: In 1891, $1 82,0 00; 1892,
$226,000; 1893, $165,000. V. 57, p. 61. Three shares o f com m on stoofe
have one vote and each share o f preferred has one vote.
D iv id e n ds .— >1884. ’ 85-’88. 1889. 1890. ’91-’9 3 . ’ 94 to M ar.’97
On pref.—p. c. S t3
7 y r’ly.
5^
6^
7 y r ’ly.
5 yearly.
On com m on—In 1887 3 and 15 in com m on stock t And 7 % stock.
L ands .—T he com pany has a land grant, o f which 1,011,324 acres re
mained unsold June 30, 1896, and 57,958 acres of the Taylor’s Falls
branch grant. In year 1895-96 sales from com pan y’s grant were
41,960 acres fo r $197,194, and gross cash receipts w ere $286,854 (of
which $192,733 from stum page): net incom e, $242,483.
L atest E arnings .—J an. 1 to Mar. 31, 3 m onths, gross, $276,872 in
1897; $291,587 in 1896. F or calendar year 1896, gross, $1,534,572,
agst $1,568.534.
A nnual R e po r t .—Fiscal year ends June 30. A nnual m eeting at StPaul second Thursday in October. R ep ort fo r 1895-96 in V. 63, p. 647Year ending June 30—
1896.
1895.
1894.
Gross earnings.................................. $1,587,863 $1,423,307 $1,513,393
Operating expenses and t a x e s .... 1,280,524
1,060,915
1,104,351
Net earnings................................. $307,339
Total net incom e................................ $385,439
Rentals paid ...................................... $130,819
Interest on b o n d s ............................
150,000
Dividends.......................................... (5)239 ,505
M iscellaneous.....................................
53,523

$362,392
$409,042
$402,650
$452,535
$119,944
$140,796
150,000
150,000
(5)239,475 (6) 293,406
68,003
16,766

Balance from RR . op era tion s..d f.$188,408 df.$174,772 df.$148,433
Roots, from stumpage and lan ds.. $242,483
$116,652
$L14,856
-(V . 61, p. 6 5 8 ; V. 63, p. 0 4 7 , 715.)
St. P a u l Sc N o rth e r n P acific R y .—Form ally merged in the
Northern Pacific RR. in Novem ber, 1896—see that com pany.

EAILKOAD

A p r il , 1S9T.J

STOCKS AW I)

125

BONDS

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a r o r b y g iv in g im m e d ia t e n o t ic e o f a n y e r r o r d is c o v e r e d i n th e s e T a b le s .
B onds—P rln o i
IN T E R E S T O R D IV ID E N D S
M i l e s ' D a te ! S ite, o r
p a l, W hen D u e .
A m ou nt
o f f Of | P a r
R a te p e r W hen
W h ere P a y a b le , a n d by Stocks—L a s t
R oa d . iB ond s V alue. O u tstan d in g
P a ya b le
Cent.
W hom .
D iv id e n d .

RAILROADS.

5
on first p a g e o f tab les.
Si. P aul M ia n . <# M anitoba—S ee G r e a t N o r th e r n -.
St. P aul d .Vo. P a e lfio —SKB S o . P a c if ic B E . •
San A n ton io d Aran*an Pttss—S t o c k . . . . . . ...............

....

18SS 5 0 0 A c.
fJSBE A ;H o c k is
50
1X6
1 869

i Sh

:

-0

120000

I
I
1
:
1

1,000
100
1,000
io o
1,000
1,000
100
1 ,0 0 0
100
1 ,000

i
;
i
!
l

1,000
1,000
1.000
1,0001
1,000

Shiner t o L o ck h a rt, 5 4 to.; b ra n ch , 2 1 m .; to ta l, 6 8 7 m ., a ll 5 0 4 b . ste e l.

RiiMitr.-rB ftorffliifeed without foreclonnre ia ls In 1893, m anage­
ment passing to So, JP«5„ which o m u $ ‘4 0 W ,0 0 0 stock.
BoNiM.—M o rtg a g e is to r $*21 ,0 0 0 ,0 0 0 (tru s te e . C en tra l T ru st C od

sn*l the So. Paciilu Co. by endorsem ent on each bond guarantees tincoBditiooaMT Mth e p a A ctual p a y m e n t o f the p rin cip a l a n d in terest.”
O f the # 2 1 ,0 0 0 ,0 0 0 a u th o rite d . $ 1 7 *1 0 0 ,0 0 0 w m to b o u sed in th e rcorg&hixfttsen, $ 4 ,8 0 0 ,0 0 0 to b e a p p lied t o im p ro v e m e n ts an d e q u ip m en t
bn- present mdlfaig® an d $ 2 ,7 w ,0 G 9 r e s e rv e d fo r e x te n s io n ■ limited.
»,

See full abstract o f

. S tock E x ., $ 1h,8#6,*>00 t o Jan*
mort. In V. 5 6 , p . 5 4 0 . Listed
UAtf, 1IM 7. Dmft S » . P;aciflc fo r a d v n m es j i an. 1, 1898,, $ 6 0 5 ,5 5 8 ,
$ 2 8 3 * 3 4 2 ; mst, $ 5 0 ,2 5 4
Late ST E a ESPt0S»—2 m os. 11
Mr
2 7 1 ,3 0 1 ; inst, 0 7 ,3 8 4
Ian. 1 to 1faU, 28,
h
* ,$ 2 ,1 1 7 ^ 2 0 0 ; net.,$ 6 0 1 ,3 2 2 . R eM m *x t B e p o . S'T
m
J ,—P*>r 1 8 0 6 , i
: O m m t 0 M *7 1,8 28 ; net.
pert u >r 1895 w m in V . 6 3 , p. 1
m m ,3 4 3 ; tntorisalt, ta x e# eto i
0 ; d elicit* $211 ,49 7 , In 1 804,
:#1,040,75 1 ; n et. $ 6 2 2 JI86,— '1 m J* p. 1 5 1.
K
s,an Jin t o b io t o 8 nth;CTla u d Springs*
S a n A !!( « » t ill * Sc b u i r i < i t
A p r il. 1 807, t o sitan .A n to n io A G u lf S h ore Ry«
2 f m ill ;n, S u e ce
Capita 1 s to c k , $1; ,000,tS00. Tim T e x a# H R. CenuutiKie has a p p ro v e d
.
the iflsim o f #25*>,000 bo u d «.-— , 6 3 , •P - '76, 1 1 1 0 ; V. HiL )IK 7 0 8 .
V
S » n D i e f o i it v a n «»«-!% SC F b i 1<C*•n B y . - R o a d fn am San D ieg o
i9 0 . C ap it
to Peri:.er. C al., 2!$ mile*a R o a d op ei
•dock, $ 7 6 0 ,tiO0; pn r, $ LOO. 9 f o n «
j» M
u tile T ro*t O a „ N ew Y ork.
J t lf
EqtJiprs c u t trust a J u n e " , 1806 i,
ia tu red let st ©onnon# un1896. gross.
paid, $2 6 4 ,0 0 0 . In ye;a r en d to g j*
; n et,
t o r ini*sre#t; # 8 i 3 ; in ternet tm
L«
#11.,51 ; is x e s . e t c ,, $3 ,4 0 0 ; 1
b#8d# per y e a r 1n o t p a l S i, # 3 3 .0
. In 18ib**05, jgroMi,, $ 38,1 64 .
g a m l u * k y Sc C o l , si l i o r t LiIa e» ■ 'i8isc OOl.CM. 8 a *0Ot;*K r Sc H o c k *
—
8 a. rid y
f V ia;Halle id Sc N e w ;a r k „.r iQirtn : fr o m Satid m k w , 0 , , to
Newark, o .t U S .
i, t m yted tia c « mtm l Ohin* gu aran
b y Earnmore A Diwo, F eb . 2 3 , 1$ 8 0 , tHi t m !. 1, 1 02 6 , w i
o p ttoo to tinft B alt. A
to renew• tor term* o f 2*5 y«
#ac)
R ental 1* f :2 01 ,85 0 .
Wm% m m IgAge in i
d u e «In ly 1, i l l 10, wa-* jiNil*1 w ith In Iere* t D ee.
1 0,1 80 6 . Jam „ *0 7 , inte re e t wan a o t r
• due.. Ttie n « t earn*
m
- l, and it
Itnpi o f tt
b e upp lie d l[o ti) * p»y«B«sat f>t 4b# t
road 1
warn thorn
sw
*m p on * w o a id mo:P*kL B m V ,
that ia m t< un
83, p , 30. ' Ai» t o h*m d » !*m p. 8 , S c t*
m m m o f Ajprii, 161Id. (>ti J u n o
3 0 ,1 8 0 6 , the B . Sc 0 . i>«r npjl *
1237,8
ff S, ML S£ 3f *
UMt„— Ftf!m in 8 1 to 18-84, ’2 IK mi 1885 to 1 8 8 # , 3 p, toA 1 88 9 40
BlVtoE1
1802,3% P v in l 8fi3, 1804. 1 8 0 5 a
1 8 9 0 0 msib 3 p. <2-; n o n « #ine#*
Rarsijo
tog Jt t m 3 0 , 18110, g tw o $8 45,08*1; tie4 . $ 1 4 9 ,- Y cai
i% f naid * l f im t>»rt b y to
|
571 ; t m t
:m
) $ 2 0 1 ,8 ml ; to x e * .
i« ild hy
t&frmm, fbp U 7 4 ; hi
e
$76,7?
In in 94'*9’V gTo*§,
,
#714,171;: titit, $14>$, 4 8 7,*~rV,. 6 3 , p. 3 0 ; 1 0 0 8 , i o U .
**a n f o r d A
t , I*» ter*C u i r g » y
F rom gain ford . Fla.,, to s t .
w m m m t g, 1M$ ml
,‘®5. Forrfjerly- o r a n g e
m u m In iI84
J* a,,-,! j
u , irch , 18i d . S to c k lh
B m Raiivray , w h h
0 0 0 o f S p. c. b on d *
$800,000 ; patr, $14X>, |
a fo r $ 6
M. which iare t
i
4 p * n, inter#*Uf: 1iv end* o f it*e S o vau : wla j i w e -t o
«t gu t
m due J u ly 1, 1 897.
Mortgage trt
Pen®ia. C o
m Live*
G ran t! t>g Ainm il tie a*
Wa . F r i
it, K .! . 8 t o 1
T
wtfm Phil
* * n F r a n e l n e o Sc N o r t h P s r l t l r i t y , — P oin t T ib u ron . C al., to

30

00

1
1

1

1

4

1

1

1

' l arch
19,1889* Has steamer ©onn.ee; tloti <6 tntlet) w ith San F ra n cis co ,
u* ?*» mil
Bonus —tmm4 at $ 25,000 p
tie ; trustee, M erca n tile T r u s t C o.. X. Y .

sinking fund, # 2 5 .0 0 0 y
.
la d ra w n a t 110 and in terest, f M ort­
gage abstract V. 4 9. p. 2 4 1.) Bond * -'ancoled to J uae 3 0 .1 * 9 0 , $ 179.000.
L.4TR9T .E A h s o fi* ,—F rom J u ly 1 t o F e b ru a ry W (8 m on th si.
B MrmiA*.
fpmm.
K it,
I n i. ch q*.
B aL. su rp ,
J f g f - ? , .... $ 4 9 0 ,3 0 4
# 1 0 0 ,8 3 4
$ 1 5 2 ,8 3 3
$ 1 4 ,0 0 1

1895-6..............

545,989

105.508

153,608

11,810

, A8ITPAL K b p o o t .— Fiscal y e a r en d s J u n e 3 0 . R e p o r t fo r 180 5 -0 0 w as
m
63, p,
, G ro**, $ 7 9 0 ,9 5 8 ; r e t , -# 2 3 2 ,5 8 0 ; in terest an d sin k in g
ntML # 2 o O ,5 § 0 ; hatanne, s iirp la s, #2,€830, In 189 4 -9 5, g ross , $ 8 2 0 ,-

188

701; net..$2*4,929.—(V. 5 9 ,p . 2*28 : V. 01. p. 1 5 0 ; V. 0 3 ,p. 1 * 7 ,2 3 0 .)
SaH F r a n r i s e n Sc 8**»i J o a q u i n V a l l e y I t y . — U n d er co n Jpuedkm from m m F ra n eis co, CwL, rim th e» S an J o a q u in V alley to
a lley
m
riom p leted and In opera*
tion from Fresno, Ci h . to Sto# k t o o , 12
lies, in N o v e m b e r, 1 89 0 .
Stock $6,00t>f000 , p a r $
* o f w h ich $2.,
has been s u b scrib e d .
Add paid up to Ocroib ff, 1 8 9 C T h e m o rti
M ercantile T n i* f Co.. , N. Y ., »# ('runt##.

100

00
0

WattoK2dRv .i7 ^ P r^ !d m i . A , U Pay«tur»; #i
San ’Franelic©. Cal ■
&
*f $

st Ytce-Ptosldcnt, Robert

•etary, A le x a n d e r M a ck ie,
V , 6 3, p. 3 5 0 , 1 116.)
P r e s c o t t Sc P l i o # al.se.*—O w n s ro a d from A sh F ork o n
Pacift© v ia P re s co tt t o P h oen ix . A r W tm . IPS m iles,

& hrnary, 1995.
>

Stock, $7,904. 000.

25,0 0p e r mile;. M erca n tile T ru st C o. N ew
0

6,000,000 !
4 .0 8 5 .0 0 0 I
S ee te x t. |

J

& J.

N. Y ., C ent. T ru st Co.

J a n . 1, 1 9 4 3

I n d e fa u lt.

J u ly 1, 1 0 1 8

Fir'-.? rnorfgage is

Y ork tru stee; 2 d n iort-

1 Feb. 1. M oss N. B t ., S a n d 'k v , O. F eb . 1, 1 89 6
|J. & J. J u ly ,'9 6 , p d . D ee. 1 0,'9 6 J an . 1, 1 909
5 g. J. & J. X .Y .,4 6 W a ll,A F r’ n k ’ frt J an , 1, 1 919

5

8

- A. & O.

6 0 0 ,0 0 0
5g.
4 .9 4 0 .0 0 0
5 g.
2 .9 0 4 .0 0 0
2 5 0 ,0 0 0 1
(t)
1 2 0 .0 0 0 I 5 (6) g .
4 5 0 .0 0 0 7 i>er an

9 .4 1 2 .0 0 0
1 .7 8 0 .0 0 0
4 6 4 ,0 0 0
.
4 ,0 5 6 , mmi,
1.000
0 ,9 0 0 ,0 0 0
5 0 0 A e .; 3 .0 0 0 .
3 .0 0 0 .
4 .2 4 1 .0 0 0
S ee te x t.

90 rndea : Yoakum to W aco, 171 mile* ; Skidmore to A lice, 43 mile*;

1

6

5 5 0 ,0 0 0
1 ,0 8 0 .3 5 0 !
2 .3 0 0 .0 0 0 I

900.000 ;

100
5 0 0 See.

Sail A n t o n i o Sc A r a n » a * P a * * K y
f See M ap So. Par./—Owna
from KerrvilJe to H ou ston . 3 0 8 m ile s ; K e n e d y t o C orp u s C h rist!, T e x .,

100 mile* at $27,(KK) per mile, equipped.

A 8 - J. & J.

(!)

aw

116

1st X . ,lnt. iro. u n d er le use b y B .& O .an d C «n t.O . San F ran cisco o' F orth P o litic . —S t o c k ........................ 1 ____ j
1 98 9
1st in e rt,, g o ld ($ 1 ,5 0 0 ,0 0 0 ). «. f. red. at l l O C f e i ' 165
....
San F ran. d San Joaq. ViU.—S tk . s u b ., $*2,500,000..
1 88 6
1st m o rtg a g e . $ 6 ,0 0 0 ,0 0 0 . g o ld ................................
1891
Sanford A Si. F 'b u rg— 1st M f 1 ,0 0 0 ,0 0 0 ,*. S a o t e i
198
1692
Manta Ft Pres.a- pAcrnix-J st M - $*25,000 p.tn.,g.e**i
198
1 89 5
2 d m o rtg a g e f o r $ 1 5 ,0 0 0 p e r m ile ..........................
Saranac < Lake. Ftaeid—S to c k . .. —
i----------- . . . . . . ! . . . . ; . . . .
10 1 893
1st M.. $
,
, g o ld , lu t. re d u c e d t o 5 p , e ...c *
Saratoga d S ehenretady - S tock — ......... ......................
1887
SatuU Sit. M a rie B r id g e —lu t M ., K„ »,f..d r ’n a t 110 e
fe
Baratmah A m erica s d M ontgom ery— See G e o r g ia < A la SAMA .
Sat aim ak Pltyridu <t W estern—S to c k ............... .1
286
1 867
Atlantia <fc G u ll co n so l, m o r t g a g e .........................e*
1 86 9
58
So. Ga. & F lo r.. 1st Ms., end by s ta t e o f G eorgla-c*
1860
58
So. 6 s . * F lo rid a 2 d m ortg a g e.................................. o
515
1884
8av. Fla. J W est., 1st feonsoL ) niort.. e o i d -.-c 'A r
fc
1 89 3
Sav. Fla. * W . c o n s o l. M. ($ 2 0 ,0 0 0 ,0 0 0 ) g old .c* 1 819
171
Brnuaw lck & W. 1st >1. B ra n s , to A lb a n y , g, gu.c*
1 98 8
1 889
1
In com e b on d s, n o il-cu m u la tiv e ......... ...........
1895
F lorida gotten. 1st M ..$ 5,0 0 0 ,0 0 0 ,s . . gu. S. F.
1 894
S an ford * St. P e te rs b u rg . 1-t m ore., gu a r., e n d ..
Sacannak 4 W a te n t—S er C e k t r a i , o r G e o r g ia R iiL i W A T ,

0

$ 5 ,0 0 0 ,0 0 0
1 8 ,8 8 6 ,0 0 0
3 5 2 .5 7 5

i $100
689
1893 ; 1 ,0 0 0
. . . . \ *- * *

E qu ip m en t tru st n otes I a n . 1, 1S96.
San A n to n io d G u lf B I f,—B o n d s $ 25 0 .
San D iego C nuam aea <t P a ste rn X g .— t

J. & J .
!M. & 8.

N. Y . a u d Sau, F ran.
P h ila d e lp h ia , P a,
S ee te x t.

O ot. 1, 1 9 4 0
J a n . 1, 1 9 2 4
S ept. 1, 1 94 2

A lb a n y . N . Y .
J.
M. & N, N, 5 '., C entral T r. Co. M ay *1, 1 9 1 3
J, ,t J. T r o y , C u lle d N a t'l B k, J a n .,'9 7 , 3 % %
5 g. .J. & J. N. Y „ T h ird N a t B ank. J u ly 1, 1 98 7
■. *
T

See te x t.
N. Y „ Off., 12 W . 2 3 d S t
;
do
do
7
;j . & J.
7
51. A N.
do
do
do
do
7
|M. A N,
*
;
6 r , 1 . i O. N .Y .,H . R .P lant,.tS avan
5 g. |M. Jt N.
do
do
0 0 0 : g. J. * J. N .Y .,1 2 W .23d St. A S av.
4
000 !
N o n e paid.
3 % to 4
N ew Y o r k C ity.
|
J. & J . :

200 000

J a n .l , '9 6 , 2%
J u ly 1, 1 89 7
Jon . 15, 1899
S ept, 6, 1 899
A p r. 1, 1 93 4
S la v 1, 1 94 3
J a n . 1, 1 93 8
Irre d e e m a b le .
J a n . 1, 1 94 5
J an . 1, 1 924

g a g e la f o r $ 1 5 ,0 0 0 p e r m ile; C en tra l T r u s t C o ., X . Y „ tru s te e . A
In te re st on ce rta in n u m b ers o f the brats is p a id a t M e rca n tile Trust.
C o ., N. Y . F. M. M u rp h y , P re s., 0 4 0 M on ad n o c k B lo c k , C h ica g o , 111.
— ( V. 5 8 , p . 5 9 5 ; V . 0 0 , p . 4 8 1 .)
S a r a n a c Sc L u k e P l a c i d K i t , —O w n s fro m S a r a n a c L a k e t °
L a k e P la cid , K . Y ., 10 m ile s ; o p e r a t e s u n d e r c o n tr a c t N . Y . C e n tra l1®
1
j S a ra n a c b r a n c h ,5*0 m ile s ; to ta l o p e ra te d , 15*0 m iles. In J a n u a r y ■
1 8 9 7 . lea sed to C h a tea u g a y H R . anti C h a tea u g a y O re Sc I r o n C os*
J o in tly fo r 17 y e a rs ; re n ta l 3 5 p e r c e n t o f its g r o ss re c e ip ts an d o n e
h a lf net p rofit fr o m t r a m for b u sin e ss at L a k e P la c id —a t le a s t
$ 7 .2 0 0 —t o p a y 5 p e r c e n t in te re s t on b o n d s.
C h a rtered in 1 8 9 0 ; o p e n e d in J u ly , 1 8 9 3 . S to c k , $ 2 5 0 ,0 0 0 (p a r,
.$1001. D iv id e n d o f 3 p . e. w a s p a id in N o v ., 1 8 9 3 ; in 1894, D e c . 2 p. c ,;
in 1895, J u ly ( 0 , M o r tg a g e tru s te e is C e n tra l T ru s t C o. o f N. Y . ' F o r
y e a r ©tiding dun© 3 0 , 1 8 9 5 , g r o s s , $ 3 4 ,3 4 6 ; n e t, $ 1 7 ,1 4 4 .— (V . 6 4, p
1 8 2 .)
.S a ilIt S t e . i f a r i e I f r ld y r is —-Own S au lt Sto. M arie B rid g e , In clu d ­
in g « ,4 2 I fe e t o f m ain tra ck . T h e C an ad ia n P a cific, D u lu th S o u th .
S h o re & A tla n tic a n d M in n e a p o lis s t , P a u l A S a u lt S to. Mari© E E , c o s .
a g re e to p a y f o r «*© o f b rid g e au a m o u n t e q u a l t o o p e r a t in g e x p e n s e s ,
a n d In terest a n d s in k in g fu n d o f d e b t. M o r tg a g e , $ 1 ,0 0 0 ,0 0 0 ; s in k in g
fund* $ 5 ,5 0 0 y e a r ly . S to ck , 8 1 ,0 0 0 ,0 0 0 . P re sid e n t, C a lv in S. B r ic e ,
H o v a n u a h A i s h I ciun 4c M o n t g o m e r y , —S e e O e o r g ia A A l a .
Na v a n n u l l F l o r i d a Sc W e s t e r n 14 >
O n eratca from Savannah*
G x , to T a m p a . Fla., w ith b ra n ch e s to R ain b rid ge a n d A lb a n y , G a ,,
and J a c k so n vtiie, C hat tab c h ©e und G ainsvllk*, F la ,; to ta l o w n e d ,
8 5 6 m iles; lea ses 3 3 m iles. T o till m ile a ge , 889,
P t i - f f SrsTKM. —T h is ro a d b e lo n g s t o *‘ P Ia n t system,** w h ic h is d©
s crib e d u n d e r that title, an d fa* s h o w n on th e a c c o m p a n y in g m ap .

0
0

April 1,1893, the South Florida was consolidated with the Savannah
F lo rid a A W est era* In 1804*95 c o n tr o l o f th e F lo rid a S o u th e rn , 2 4 7
*
m ile*, fo r m e r ly to J a c k s o n v ille T a m p a A K e y W est s y s te m , a n d o f th e
S a n fo rd A S t. P e te rs b u rg , 1 5 2 m ile s , wa# p u rch a se d .
S t o c k , —D u rin g th e y e a r 1893-94 th e s to c k o u ts ta n d in g w a s
in cr e a s e d f r o m # 6 * 7 0 3 ,0 0 0 t o # 0 ,4 1 2 ,9 0 0 .
BcHfDs.—T t o S a v a n n a h F lo rid a A W estern first c o n s o ls o f 1 8 8 4 a re
a first Ueti o n 2 0 1 m iles amt a s e c o n d o u 3 4 4 a d d itio n a l. T h e c o n s o li­
d a te d m o rtg a g e e x e c u te d in M a y, 1 89 3 , c o v e r s a ll ro a d , e q u ip ­
ment:, etc.., h o w o w n e d o r h e r e a fte r a cq u ired w ith th e p r o c e e d s o f Its
b o n d s; Issue lim ited t o # 2 0 ,0 0 0 p e r tulle. Sufficient c o n s o ls a re re serv ed
to retire a ll p r io r Men* an d f o r fu tu re b e tte rm e n ts an d e x te n s io n s
F lo rid a S o u th e rn first m o rtg a g e is f o r $ 1 ,0 0 0 ,0 0 0 ; in te re s t a t 3 %
p e r c e n t u n til J a n . 1 ,1 9 0 9 . and 4 p e r c e n t th e re a fte r. B o n d s a re e n ­
d o rse d w ith th e S a v a n n a h F lo rid a & W estern g u a ra n te e o f p r in c ip a l
a n d in te re st, V . 0 3 , p . 0 8 3 . S ee F lo rid a So. s ta to o ie n f. (V , 6 1 ,p. 0 0 1 ).
S a n fo rd A #t* P e te rs b u rg b o n d s f o r # 6 0 0 ,0 0 0 h a v e b e e n Issued , b u t
o n ly #3<wi,0o0 a re g n a ra n to ta l b y 8 . F, A W.
0 $ a b a k t u u l —l a a d d itio n t o Brsttniwiok A W estern b o n d s a b o v e , th is
c o m p a n y gu a ra n te e s ce rta in b o n d s o f th e A la b a m a M id lan d a n d S ilv e r
S p rin g s O ca la A G ul f —se e th o se corn pan ics.
D m D » W . - > *83. ’ 8 4. ’ 85. *86. *87, *89. *90. *91. '9 3 . '9 4 . *95. 9 6 ,
P e rcen t.
{
7
4
O 3%,
2
4.
0
2 3%
6
4.
2
L a t e s t K a u n ix o s .—8 m o*. 418 9 6 *7. . G r o ss , # 2 ,2 2 7 ,3 5 8 ; n e t. # 5 7 8 ,3 3 4
J u ly 1 t o F eb. 2 8 .
{ 1 8 8 5 -6 .G r o s s , 2 ,2 5 7 ,8 3 0 ; n et, 0 0 1 ,0 9 6
A n n i -a i . Itui'OtiT.— F isca l y e a r e n d s J u n e 3 0 . E a rn in g s h a v e b e e n
m fo llo w s ;
Y m r e n d in g J u n e 3 0 —
1890.
1895.
1 89 4 .
G ross e a r n in g s . . . . . . . . . . . . . $ 3 ,2 0 4 ,3 2 0
$ 3 ,3 9 3 ,3 7 3 ?
Qgo
«
O th e r In co m e ......... ................
7 0 ,1 9 m
1 6 8 ,1 8 8 5
N et re ce ip ts ......................
9 0 7 ,3 5 3
1 ,0 7 0 ,6 0 7
1 ,2 9 8 ,3 7 6
In terest, ta x e s, e t c .. . . . . . . .
fc>96,462
8 8 4 ,1 7 4
8 5 4 ,4 8 2
S u rp lu s fo r d iv id e n d s . . . . .
10,991
1 8 6 ,4 0 8
4 4 3 ,8 9 4
F ro m e a rn in g s o f y e a r e n d in g J u n e 3 0 ,1 8 9 2 , d iv id e n d (3 % p e r ce n t)
$ 2 3 7 ,7 8 6 , w a s p a i d in J a n u a ry , 1 803; fro m y e a r 1 89 2 -9 8, {6 p er ce n t)
# 3 0 4 ,7 7 4 ; fr o m 1893-04 M p, o .i, $ 3 7 0 ,5 1 0 ; fro m 1894*95 (2 p , c.),
$ 1 8 8 ,2 5 8 w a s p a id J a n . 1, 1 89 0 . (V . 6 3, p . 153; V. 0 4, p . 4 2 1.)

1

Kftvaituah Sc W e ste r n *—S ee Cewtraf of G eokgia Br.
S c h u y l k i l l Sc L c b l g l i I t I t , —O w n s fro m H ig h 's F a rm , near R ead
t o g , Pa., to S la tlo g to n , P a ., 44 m iles. In 1 88 3 leased to P h ila d elp h ia
A R e a d in g K R . fo r 9 9 9 y e a r s and in 1 8 9 6 lea se aftsnm od b y PhHa. &
B e n d in g B y. Ben tab $
p e r an n u m . B e a d in g o w n s th e s to c k
($ 5 0 ,0 0 0 ) an d # 4 0 0 ,0 0 0 s e co n d m o rtg a g e b o n d s. T h e first m ort. b on d s
w ere gu a ra n te e d .
M c l u i y l k l l l V a l l e y N a v i g a t i o n Ac I t K , —O w n s P a lo A lt o t o
R eevesdalo* P a., 1 6 m ile s; s e c o n d t r a c k 5 m ile s; to ta l all tr a c k 2 7 m iles;

27,000

L ea se a ssu m ed in 1 80 0 b y P hi la. A R e a d in g R a ilw a y C o. R ental
$ 2 0 ,4 5 0 , w h ich p a y s 5 p. c . o n s t o c k an d S ta te ta x e s.
S e a b o a r d Sc f t o a u o k e I t I t . —O w ns P ortsm ou th , 3ra., to W eldon
and o ra n ch , N. O., 8 1 tnibys; leases R oan ok e A T a r R iv e r K R . 33 m iles.
A lso h » * » co n tr o llin g Interest In th e R aleigh A G a ston R a ilro a d , 108
m iles, and thus in th e R aleigh A A u gu sta A ir L ine, 107 tulles, and C aro­
lina C en tra l. 2 6 9 m ile s ; a lso c o n tr o ls Pi its b oro R ailroa d , 12 m iles;
D u rham A N orth ern R E ., 42 m iles; L o u n sb u ry H R ., 10 m iles; and the
G e o rg ia C arolin a Sc N o rth e rn , 2 6 6 m iles (co m p le te d in A p ril, 1 8 9 2 ),
a fford in g a th ro u g h lin e to A tla n ta ; to ta l o f a ll, 9 2 8 m iles. T his is
th e “ S eaboard A ir L i n e " system .

1*20

INVESTORS’ SUPPLEMENT.

[V O L .

LXIV .

SnbMcrlbcrM w i l l c o n fe r a gre a t fa v o r by g iv in g im m e d ia t e n o tic e o f a n y e r r o r d isc o v e re d In tliese ta b le s .
Bonds—P rinci­
INTEREST OR DIVIDENDS.
_______ RAILROADS.________________ _ Miles Date Size, or
pal, When Due.
A m ount
Rate per When Where Payable, and by Stocks—Last
Par
of
F or explanation o f column h e a d in g . &c., see notesj of
Outstanding Cent.
Whom.
Payable
Dividend.
Road. Bonds Value.
on first page o f tables.
14 1874 $1 OO&o.
Schenectady d Duanesb.—1st m ort., interest guar..
1,000
44 1872
Schuylkill d Lehigh— 1st m., guar, by P. «& R. RR 50
Schuylkill Valley Navigation d R R .—S to c k ............;
Seaboard A ir L ine licit Railroad—Stock.'..............j
1,000
1893
1st m ortgage............................................................
100
81
SeaboarddRoanoke — 8 t’k ($244,200 is pf. gu. 7 p.c.)
1,000
81 1886
1st mortgage for $2,500,000............................. c*«fcr
1886 100 &0.
Debentures, registered............................................. r
1890-6 1,000
Sea. Air Line Equ’t Tr. sor. A .B & C (*9 each)— c* ,
1,000
1886
Seattle Lake S. d E a st—Reorg. certs, for 1st M ..c*
178 1896
Seattle & In tern’1 1st mort., $4,450,000, g o ld ....
Spokane <s Seattle 1st mort., $1,112,000, g o ld ... ; 47 1896
1,000
31 1882
Shamofcin Sunbury d Lewisburg—1st m ort
c*«kr
1,000
31 1890
2d mortgage, g old ......................... -........................ c*
50
30
Shamokin Val. d Pottsville—Stock, guar, by Nor. C.
30 1871 500 &c.
1st mortgage, gold, on road and lands................. ci
50
16
Sharon—Stock ($500,000)............................................
1,000
16 1889
1st mortgage, gold.................................................... c
1,000
1*2 1882
Short RouAc Ru. Transfer Co.—le t m ortgage..........!
1,000
74 1888
Silver 8 p. Ocala d Gulf—1st, l.gr. ($15,000p.m.Jg.c*
1,000
17 1888
Silverton—1st fnort. for $500,000 gold ............... c<fer
1,000
96 1890
Sioux City <t Northern—1st mortgage, g old ..........c*
1,000
1891
Sioux City O'N. d West.—1st M. ($18,000 p. m.) g.o* 130
1887
Somerset Railway -1 s t m ortgage.............................. c|
1,000
70 1887
South Atlantic d Ohio—1st m ortgage......................... i
So. Brooklyn RR. d Terminal—Pref. mort. notes..
1888
1st m ortgage........................... ...................................
1,000
South Carolina d Qa.—1st M. $5,250,000, gold...c*| 245 1894
1,000
85 1894
Augusta South’ll 1st con. M., gu. i>. < i. end., g.cj
fc
37 1895
South Haven d Eastern—1st m ortgage..............
1895
South Jersey—Receiver’s certs., (auth. $100,000) ..
500
1893
Mort. bonds, $12,500 p. in., g ............................o*«fcr|
S t o c k . - T o t a l authorized, $1,500,000; outstanding, $1,144,200 c o m ­
mon, $200,0001st pref. 7 p. c. guaranteed and $44,200 is 2d pref. guarD i v i d e n d s .— On com m on from N ov., 1890, to May, 1892, 7 p. c. per
annum; in N ov., 1892, 3; in 1893, May, 2 p. c.; none since.
B o n d s .—The debentures are to be included in any 2d m ortgage issued.
A fter Aug. 1,1 916 , they are payable at will as a whole, or in 10 p ercen t
instalments. With Raleigh & Gaston guarantees bonds o f Georgia Caro­
,
lina & Northern (which see) and issued car trusts for $250,000. The
equipment jo in t bonds o f 1896, authorized $250,000, are the jo in t and
several obligations o f the Seaboard & Roanoke RR., the R aleigh &
Gaston RR., and the Raleigh & Augusta A ir Line RR.
A n n u a l R epo rt .—Fiscal year ends June 30. Statement fo r 1895-96
was given in V. 63, p. 501, showing on road proper, 114 miles, the gross
in 1895-96, including $90,202 other incom e (interest on bonds, etc.):
Tears.
Gross.
N?t.
Charges. Pref.div.
Balance.
1895 6 ............... $927,989 $359,955 $326,472 $17,094 sur. $16,389
18 94-5............... 870,590
343,533
371,455_ 17,094 def. 45,016
—(V. 63. p. 270, 407, 459, 5 0 1 , 516, 652, 715, 795, 8 3 9 ,9 2 4 ; V. 64,
p. 182, 331, 470, 524, 708, 758.)

S eattle L a k e S liore Ac E a s te r n I t y . —‘Seattle d International RR .
owns from Seattle northerly to Sumas, Wash., 125 miles, connecting
therew ith the Canadian Pacific RR. and from W oodinville easterly to
Sallal Prairie 39; branches 14 m iles; total, 178 miles. The Spokane d
Seattle Ry. owns from Spokane to Davenport, 47 miles.
O r g a n iz a t io n .—The Seattle & International and Spokane & Seattle
were form ed in 1896. The Seattle Lake Shore & Eastern (form erly con­
trolled by Northern Pacific) was sold in foreclosure May 16 ,189 6, and
its p roperty deeded t o the com panies above ilamed. The securities of
the new com panies (in the aggregate $3,000,000 stock and $5,562,000
bonds) w ill be held for five years in trust by H. O. Arm our, H. W.
Sago and A. M. White, who will nom inate directors and m ay sell, lease
or consolidate the roads subject to confirmation by 60 per cent o f the
certificates representing the old Seattle Lake Shore & Eastern bonds.
During these live years said certificates will receive such interest as
shall in the estimation o f the directors have been earned on the
bonds deposited in trust, unearned coupons to be canceled.
A t the expiration o f five years, unless holders o f 60 p er cent o f the
certificates shall in the meantime bave authorized a deal with some
other company, said certificate holders will receive in exchange for
their certificates 20 per cent o f the face value o f the same in the
above bonds o f the Spokane & Seattle and 10 per cent in its stock, and
80 per cent in the bonds and 40 per cent in the stock o f the Seattle &
International. See further particulars V. 62, p. 415, 64 3; V. 6 4 ,p. 331.
E a r n in g s .—F or year ending June 30, 1895, gross, $277,726; net,
$45,974; other incom e, $20,153; m iscellaneous expenses, $23,034; in­
terest charges (not paid), $340,500; bal., def., $297,407. (V. 63, p. 76,
117, 155, 175, iSg; V. 64, p. 331.)
S h a m o k in S u n b u r y Ac L c w l s b u r g .- Line from Shamokin to
West Milton, Pa., with iron bridge over Susquehanna, 31 miles; second
track, 15 miles; total o f all track, 58 miles. Leased to Philadelphia <
fc
Reading RR. July 2, 1883, for 999 years at 6 per cent on the stock,
and lease assumed in 1896 b y Philadelphia & Reading Railway.
Used for coal traffic northward. Stock, $2,000,000 (par, $50) o f which
$1,995,000 is owned by the R eading Company and deposited under its
general m ortgage o f 1897. (V. 51, p. 21.)
S h a m o k in V a lle y Ac P o tt s v ille .—
Map Pa. RR.)—Sunbury,
Pa., to Mt. Carmel, Pa., and branch, 30 miles. Leased Feb. 27,1863, for
999 years to the Northern Central Railway Co., with a guarantee of
taxes, interest on the bonds and 6 per cent on the stock,
o f which $619,400 is owned by the Northern Central. Pennsyl­
vania RR. owns $530,000 7 per cents, and $275,000 additional w ere
held January 1,1 896 , to cover the depreciation of coal lands.
S h a r o n R y . —Owns from Sharon, Pa., to Pymatuning, Pa., with
branches, 16 miles in all. Leased till April 30, 1982, to New York
Pennsylvania & Ohio (now N ypano RR) at rental which pays interest on
bonds and 6 per cent on stock. Rental in 1896 was $37,093.
S ilve r S p rin g * O ca la Ac G u lf .—Owns from Ocala to Inverness,
with branch from Gulf Junction (near Dunnellon) to Homosassa, 74
miles. In January, 1893, a controlling interest in stock was acquired by
the Plant Investm ent Company [see Savannah Florida & Western], and
interest on the $1,120,000 bonds outstanding reduced from 6 to 4 per
cent, and guaranteed by endorsement. Stock, $1,500,000, par $100. The
first m ortgage Is limited to $3,000,000, but no m ore than the amount
outstanding ($1,120,000) can bo issued on present mileage. There is a
land grant o f 13,840 acres per mile, o f which the m ortgage covers
4,000 acres per mile.
E arnings .—8 months, < 1896-7..........Gross, $1 00,531; net, $44,8!
July 1 to Feb. 28.
(1 8 9 5 -6 ........ Gross, 105,001; net, 42,5!
Y ear ending June 30, 1896, gross, $183,900; net, $90,500; other i
com e, $1,069; charges, $52,981; balance, surplus, $38,588. ]
1894-5, gross, $171,256; net, $45,559; other income, $1,604.
S i l v e r t o n .—Owns from Silverton, Col., to Ironton, 22 miles
which 4 miles built with surplus earnings. Stock authorized and oi
standing. $350,000; par, $100. E a r n in g s .—Year ending Deo. 31 18c
n e t ,$40,996; interest, $25,500; balance, surplus’, $li
496; 1894, gross, $53,597.

M. & S. N. Y ., 21 Cortlandt St.
6
$500,000
4*2 M. & N. Phila.. Phil. & Read.RR.
600,000
Philadelphia.
576,050
j . & n.
5
......
50,000
A. & O. Baltimore and Atlanta.
5
600,000
1,388,400 See text. M. & N. Balt., Farm .& Plant.Bk.
J. & J. N.Y., Baltimore & Phila.
2,500,000
5
Portsm outh, Va.
F. & A.
690,000
6
310,333
Balt.,Mere.Tr.& Dep.Co
5
5,558,000
6 g. F. & A.
.....
4 g.
See text.
In trust.
See text.
In trust.
4 gM. & N. Phila., Phil. & Read.RR.
1,000,000
5
do
do
1,000,000
6 g. J. & J.
869,450 6 per an. F. & A. Phila., Broad St. Stat’n
do
do
2,000,000
7 g. j . & j .
Sharon, Pa.
484,600 6 per an. M. & S.
164,000
44s g- J. & D. N. Y., Farm. L. & Tr. Co.
F. & A.
500,000
6
1,120,000
4 (6) j . & j . N. Y ., 12 West 23d St.
425.000
6 K A. & O. Denver, C o ’s office.
In default.
1,920,000
5 g. J. & J.
2,340,000
5 g. A. & 0. Oct.,’92, coup, last paid.
J. & J. Boston A Oakland, Me.
225,000
5
Tn default.
1.850.000
6
J. & J.
B rooklyn, N. Y.
100,000
4
5
M. & N.
1.200.000
5,250,000
5 g. M. & N. N. Y ., Office, 15 Broad.
do
do
400.000
5 g. J. & D.
3-4-5 A. & 0 .
216.000
(1)
5 g. A. & 0.
(1)

Sept. 1, 1924
Nov. 1. 1902
Dec., ’ 96, 2 *$%
Apr. 1, 1923
See text.
July 1, 1926
Aft. Ju ly,1916
Part yearly.
Aug. 1. 1933
1926
1926
May 1, 1912
July 1, 1925
Feb., ’ 97, 3%
July 1. 1901
Sept., 1896
June 1, 1919
Aug. 1, 1912
July 1, 1918
Oct. 1, 1908
Jan. 1, 1920
Oct. 1, 1921
July 1, 1917
Ju ly 1, 1917
May
M ay
Dec.
Apr.

1,
1,
1,
1,

192B
1919
1924
1925

Oct. 1, 1923

S io u x C ity Ac N o r t h e r n .—Owns road, com pleted in Febru
ary, 1890, from Sioux City northerly to Garretson, So. Dak., 96 m iles.
The m ortgage trustee is Manhattan Trust Co., N. Y. Stock authorized,
$1 0,00 0,00 0; outstanding, $1,440,000. Judge W arwick H ough and
Mr. S. J. Beals were appointed receivers in Oct., 1893. V. 57, p. 596,
Petition fo r sale of road filed in Ju ly, 1894, b y m ortgage tru ste e ; un­
paid coupons, etc., July 1, 1895, $253,123.
R epo rt .—F or year ending June 3 0 ,1 8 9 6 , gross, $265,194; net, $87-,
272. In 1894-5, gross, $160,876; net, $10,447; charges, $111,171. In
1893-94, gross, $285,880; net, $117,957.—(Y. 61, p. 1014.)
S io u x C ity O’ N e ill Ac W e s t e r n R R . —Owns Covington, opposite
Sioux City, to O’Neill, Nebraska, 129 miles. Capital stock is $3,600,000.
M ortgage Trustee is M anliattanTrust Co. o f N ew York. F. C. Hills
appointed receiver Nov. 1, 1893. In Jan., 1895, foreclosure sale was
ordered. F or year ending June 30 ,189 6, gross, $152,073; deficit u n der
operating expenses and taxes, $288.
S o m e rse t R y .—Owns road from Oakland to Bingham, Me., and
branch, 42 m iles. R oad opened in 1890.
Capital stock is $736,649 (par, $100). Loans and bills payable June 30, 1896, $57,187.
E a r n in g s .— Y ear ending June 30, 1896, gross, $84,281; net, $19,116;
interest charges, $14,597; balance, surplus, $4,519. In 1894-95 gross,
$75,372; net, $23,713.— V. 63, p. 5 5 6 .
S o u th A tla n t ic Ac O h io .—Owns from Bristol, Tenu., to Bigstone
Gap, V a .,7 0 miles. In 1892 John C. Haskell and D. H. Conklin w ere
appointed receivers. In June, 1896, foreclosure sale was ordered.
Stock is $1,100,000; par, $100.
»n July 1 ,1 894 , car trusts $1 07 ,2 6 0 ;
coupons due and unpaid, $659,000. Y ear ending June 30, 1896,.
gross, $89,701; net, $3,358; charges, $128,895; balance, deficit, $125,537. In 1894-5, gross, $8 8,36 2; deficit under operating, $3,190. In
1893-94, gross, $102,482; net, $16,730.—V. 62, p. 1042.
S o u th B r o o k l y n R R . Ac T e r m i n a l .—Owns road on Its ow n
property from near fo o t of 38th Street, B rooklyn, to 9th A venue, 1
m ile, double tracked. Chartered 1886. Use o f the roadbed is leased
to B rooklyn Bath & W est E nd RR. (Nassau E lectric System in
S t r e e t R a i l w a y S u p p l e m e n t ) on percentage basis, lessee keeping
track and roadbed in repair. Capital stock is $500,000; par, $100.
Notes payable, unsecured by m ortgage, w ere $56,768 on June 30 ,189 5.
S o u th C a r o lin a Ac G e o r g ia R R . —R o a d .—Owns road from
Charleston. S. C., to Augusta, Ga., w ith branches, as fo llo w s :
L ines Owned—
Miles.
L ines Leased—
Miles.
Cha • eston,S. C. ,to August a,Ga. 138 A ugusta Southern RR .
1
Branch to Columbia, S.C........... 67
A ugusta to Tennille, t la ........ 84
Other branches o w n ed .............. 40
Total ow ned and leased ___320
Of the lines owned, 213 m iles is 56-lb. steel and 32 m iles 70 lb.
H i s t o r y , E t c .—A reorganization in M ay, 1894, o f the old South Car­
olina RR. per p lan given m V . 58, p. 867. The “ A tlantic Coast Line”
reaches A ugusta from Denmark, 57 miles, ov er this line. On March 1,
1897, leased A ugusta Southern in perpetuity, guaranteeing its $400,000 o f bonds, p. < i., by endorsem ent.
fe
S t o c k a n d B o n d s .— Capital stock $5,000,000.
F irst m ortgage
trustee is the Central T rust Co., N. Y . In D ec., 1896, there were $98,000 o f car trusts outstanding.
A nnual R e po r t .—Fiscal year ends June 30. The report for 1895-6
was given in V. 63, p. 965:
12 months—
Gross.
Net.
Int. d taxes. Bal., surp*
1895-96.......................... $1,077,146
$359,691
$321,295
$38,396
1894-95........................... 1,094,385
365,475
315,349
50,126
Officers—President Charles Parsons, 15 Broad Street, New York.
- ( V . 60, p. 302, 749; Y. 61, p. 7 4 7 ; V. 62, p. 2 7 4 , yoj; V. 63, p. 9 6 5 ;
V. 64, p .4 6 8 .)
S o u t h H a v e n Ac E a s t e r n R R . —Law ton to South Haven, Mich.*
37 miles. Stock, $218,500. In 1895, gross, $19,642; net, $3,736.
S o u t h J e r s e y . —See S u p p l e m e n t o f Ju ly, 1894.
S o u t h Ac N o r t h A l a b a m a .—(See Map o f Louisville d Nashville.) —
Owns from Decatur, Ala., to M ontgomery, Ala., and branch, 189 mile*
Controlled by the Louisville & Nashville RR. Co., w hich owns m ost of
the stock [$3,481,400 o f w hich $2,000,000 preferred] and guarantees
the first and consol, m ortgage bonds. On June 30, 1894, loans and
bills payable amounted to $1,257,454, and there was due Louisville &
Nashville $154,278. In year ending June 30 ,189 4, gross earnings were
$1,818,391; net, $485,570; deficit under interest, taxes, ec., $203,804.
In 1892-93 gross, $2,147,566; net, $401,801. (V. 56, p. 1015.)
S o u t h e r n C e n t r a l (N . Y ) . —S e e L e h i g h V a l l e y .
S o u t h e r n P a c i f i c C o m p a n y . —(See M ap.)—R o a d .—This com
pany ow ns no track in fee, but p rin cip ally through ownership of stock,
and partly by lease it operates a great system o f roads extending from
San F rancisco to New Orleans (thence by com pan y’s steamers to New
Y ork, etc.), to Portland. Oregon, and to Ogden, Utah, with branches.
It largely controls the business of central and northern California. Theline from M ojave to The Needles (So. P acific o f Calif.), 242 miles*
formerly leased to A tla n tic & Pacific, was acquired by Atohison, T. &
S. Fe in March, 1897, in exchange fo r the New M exico & Arizona RR.
and Sonora Ry., 350 miles.—See V. 64, p. 609. Its system comprises
the follow in g lines, fu lly described under their ow n titles.

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INVESTORS’ SUPPLEMENT.

1*8

[V ol . L X I V ,

S u bucrlber* w i l l c o n f e r a gre a t fa v o r by g iv in g Im m e d ia te n o tic e o f a n y e r r o r d isc o v e r e d i n tliese T a b le s .
Bonds—P nno>
fNTJi.Kr.HT OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal,W hen Due,.
A m ount
Par
of
of
*Vnen
F or explanation o f column headings. <fcc., see notes
Outstanding Rate per Payable!IWhere Payable, and by Slocks—Last
Cent.
Whom.
Road. Bonds Value.
on first page o f tables.
Dividend.
Ho. rfiVo. Alabama—lstM .,s.f.iiotdr’n;guar.byL.<fcN.
2dm ort. gold, s. f. $2,000,000 (owned by L. < N.)
fe
Consol, m ortgage (for $10,000,000), gold, guar.c' |
S o u t h Pac. Coast—1st M .,g .,g u . (s. f. begins 1912)e

189
189
189
1(M

1873
1880
1886
1887

£2 00
$1,000
1,000
1,000

£774,800
$1,960,000
3.958.000
5.500.000

0
6
5
4

g.
g.
gg.

S o u t h e r n C e n t . — S e e L e h ig h < N e w Y o r k R R .
fc
S o u t h e r n Pacific COMPANY—Stock($150,000,000)! 5,931

100 120,934,170
6
2,787,000
1891
Steamship 1st mort- bonds, 8er. A, $3 ,000,000...
1,000
6,000,000
392 1879
South. Pac. o f A risona—Lst M, ser. A, gold, guar.. oAr
6 *■
1,000
4,000,000
6g.
do
do
Series B, gold, guar.......c*fcr 392 1880
100 70,006,100
Southern P ad fie ( Cal.) —8tock, $90,000,000 aiitli.
fl8 7 5 500 <fcc.
6 g.
.n
f 1st M iseries A .gold i land grant., c*
6 g.
JSeriesB, gold
( sink’g fund.c* 1,042 j 1875 500 <fcc. 30,677,500
1 1876 500 &c.
equuuy
<series C & D , g o ld ., f not subject.o*
e *•
[ 1882 500 <fcc.
secured.
^s erie8 E & F, g old .. j to call
c*
g *•
1,000
3.578.000
93 1887
6 g.
8. Pao. Br. 1st M., g ., s.f., $50,000 in 1897, not dr*n
1,000
652.000
So. Pac. gen. rnort. ($38,000,000), g old .......... o**fer 1,587 1888
5 8500.000
45 1875 500 <fcc.
Stockton < Copper. IstM ., g. (guar, by C.P.)........
fc
5 g’
1893 500 <fcc. 18.402.000
Consol. m ort.,gold, $89,293,500 s.f. not drn c*r.fe
5 g.
1,000
4.180.000
Southern Pacific o f New Mexico— 1st M., g old ., .c&r 167 1881
6 g.
120,000,000
S ou th ern R a ilw a y —Com. stock, $125,000,000...
54.300.000
Preferred, 5 per cent, non-oumu., $6 0,000,000...
A .— P r o p e r t ie s m e r g e d in t o S o u t h e r n R ai L W A Y CO.
44 1883
6
150.000
Atlantic Tennessee * Ohio 1st m ortgage..............
fe
500&C.
1.995.000
Charlotte Col. & Aug. ls t m oit.,ex t. in 1895; text 191 1869
5 g.
1,000
191 1872
7
500.000
2d m ortgage............................................................
164 1881
2,000,000
1,000
5 to 6
Col. Greenv. 1st m. (G p. o. after Jan ,’ 98), g..c
566 1882
1,000
5.660.000 5 to 6 g.
Ga. Pacific 1st m ort., 6 p. c. after Jan.’9 8 ........ c ’
1,000
1889
613.000
Equipment mortgage, gold. s. f., subj. to call.c5 g.
51,974
Equip, notes Dec., 1896 (payable m onthly)----1874
1,000
5.997.000
Richmond < Danville cons, mortgage, g old ....... c
fe
1882
3.368.000
1,000
Debenture m ort., old 6s (no longer incom es)...
1889
1,000
979.000
E quipm 't Trust bonds,gold, s.f.,subj. to oall..o*
5 g.
129,032
Equip. notoH Dec... 1«96 (payable m onthly).......

S*

S o u th e r n P a cific C o m p a n y .—(C o n t in u e d .)
P A C IF IC SY ST E M .

A T L A N T IC SYST EM .

Proprietary lines—
Mites.
P roprietary lines—
Miles.
Southern Pacific o f Cal...........1,67s Morgan’ s Louis. & T ex as. 283
(Of which 24 miles leased.)
(Of which 7 miles leased.)
Southern Paciflo o f A riz........ 392 Louisiana W estern........... 147
16
Southern Pac. o f New M e x ... 167 Iberia & V erm illion..........
South Pacific Coast................. 101 Texas & New O rleans...... 207
Northern Ry. o f Cal............... 390 H ouston & T ex. C ent, e t c ... 623
Northern California R y ................... 54Gal. Harris. & San A n t... 937
New M exico & Arizona RR. ) q =a G ulf West. Texas & P acific.. I l l
91
Sonora R y.............................} 1 aou New Y ork T exas & M ex........
1
Leased lines—
Texas Transportation Co......
8
Central P acific..........................1,360
Total A tlantic system ........ 2,423
Oregon < California............... 654
fc
California P acific.................... 115
Grand t o t a l........................7,684
Total Pacific system ............5,261 Steamship, etc., lines............. 4,965
ITNo t e .— Acquired in March, 1897, in exchange fo r the 242 miles of
the M ojave Division, So. Pac. o f Calif.
A F F IL IA T E D B U T O P E R A T E D IN D E P E N D E N T L Y .

Lines on whicli the Southern Pacific Co. guarantees interest and
principal o f the bonds, but which are operated Independently.
H ouston & T exas Central___ 453 I San Antonio & Aransas Pass. 689
Central Texas < N orth w est.
&
12 l Austin & N. W ......................... 103
O r g a n iz a t io n .— Organized under laws o f K entucky, its system being
known as the “ H untington” lines, Mr. O. P. H untington being P resi­
dent. The control is vested in the Pacific Im provem ent Company, a
corporation with $5,000,000 o f capital stock, o f which in 1892 the
Crocker estate held $1,249,800, and C. P. Huntington, Leland Stanford
and Butler. Stillman & Hubbard each $1,249,900; other, $500.
P r o p r i e t a r y L in e s .—These, with a total mortgage indebtedness Jan.
1,1895, o f $126,005,216, are all practically owned—only $1,023,109 out
of their total stock o f $167,479,259 not being held on Jan. 1, 1895, by
the Southern Pacific Co. “ O m n ib u s L e a s e .” — Five o f the p roprietary
lines are operated under this lease, w hich runs for 99 years from
A pril 1, 1885, the Southern Pacific Company agreeing to maintain
the roads, to pay all fixed and other charges, including interest
on bonds and iloating debt, and to divide the total net profits
from operating, after making these payments, am ong the several
parties to the lease, the So. Pac. Co. to receive 10 per cent o f such profits,
the Southern Pacific o f California, 44 per cent o f net profits, Southern
Pacific o f Arizona, 10 per cent, Southern Pacific o f New M exico, 6 per
cent, Morgan’s Louisiana & Texas, 23 p e rce n t, Louisiana Western, 7
p. c. For lease o f Central P acific see V. 58, p. 819, and V. 60, p. 480.
C a p i t a l S t o c k .— Stock authorized, $150,000,000. See V. 48, p. 428.
G u a r a n t ie s , E t c .— In Deo., 1892, com pany agreed to guarantee San
Antonio & Aransas Pass new first 4s for $21,600,000. Gther guaran­
teed issues are Houston & Texas Central bonds; Austin & N. W 5sOregon & Cal. 5s; N. Y. Texas & M exican 4s; certain o f tlie Central
Pacific’s bonds, etc.—see those companies.
G e n e r a l F in a n c e s .— On Jan. 1,1896, loans and bills payable $3,191 682, against $4,201,014 in 1895. In August, 1896, the com pany ar­
ranged to borrow for one year £1,200,000 in London.—V. 63, p. 407.
E a r n in g s . - 2 months, S 1 8 9 7 ..gross, $6,801,946; net, $1,950 80ft
Jan. 1 to Feb. 28.
$ 1 8 9 6 .-gross,
7,327,465; net,
2/234U14
A n n u a l R e p o r t —Fiscal year (since 1896) ends June 30. In year
5n<3l o £ P e c- 3 1 ’ 1896’ Kr°as, $48,656,419; net, $16,694,503. Report
for 189o was given at much length in V. 62, p. 1083, 1089
Proprietary Lecised S o u t h e r n T o t a l,
T o t 'l l ,
Comnanies. Lines.
P a c . C o.
1895.
1891.
Miles o f road............... ..........

6,2 U

8

2 .1 3 4

7,347
7,251
*
$
v
$
34,234 50,457,025 48,971,406
41,710 33,242,435 32,006,914

$

Gross transportat’n ea rn s..,.34,785,673 15,637,117
Operating expenses................23,097,772 10,102,953

Earns, over oper. e xp ...... 11,687,901 5,534.164 df.7 476 17,214,589 16,964,492
Other incom e........................... l,2o(?,168
82,33 » 1,086.388 2,376.886 1,916,636
Total receipts.................... 12,896,069 5,616,194 1 078 912 19 591,475 18.881,128

Expenditures—

’

’

T f f e s ........... ...................... ........
904,959
450,815 18,068 1,374,443 1,208,864
Trackage and rentals .............. 733,716
1*5,893 15,000
934,03n
892,135
California Pacific rental............
..
6 0 0 0 <0
600,00
600,0(9)
Interest on bonded debt........... 7,747.5)00 4,28o!ul5 162 9i0 12,100,875 12,077, ‘ 32
Net profits und. Omnibus lease, 20H.306
208.366
119,619
Interest on open accounts......
211,766
12,877 186.904
441,447
269 122
f,ln0kl?ff„ funl9: ..........................
297,986
. . . . . . . ;5,000
372,88 i
342,861
C. I’ . Hit. earnings over operat­
ing expenses and tax es.......................... 4 5 4 9 030
Miscellaneous expenses...........
182,276
’i:4 L6 o5 3 7 5 6 4,549,066 3,069,359
427,637
30 ,769
Total expenditures.............. 10,316,900 0.627,163 462.128 37,406,252 16,&87.26l
i K P l " ....................................... 2,678,108
018 781 2,i85,i*2 1,993,856
Deficits
..................................
........... 1,010,670
Loss m operation o f Cal. Pacific ...........
219 8 5 9 219 8 5 ft
Advances to u iegon & Cal. H R .................
790811 y,oou
790,811
641,358
Net Income from operat’n 2,579.108
.......
390 0*5
8,1.78,033 2,163,813

- ( V . 62, p. 1 0 8 3 , 1 0 S 9 ; V .6 3 ,p .4 0 7 , 8 3 5 ; V. 64. p. 709, 710.)

M.
A.
F.
J.

< N.
fe
< O.
fe
& A.
& J.

London, Baring Co., L ’d
N. Y. Of., 120B roadw ’y
N. Y ., Ofliee, 120 B ’ way.
N. Y .,S. P ac., 23 B r’dSt.

M ay
A pr.
Aug.
Ju ly

1,
1,
1,
1,

1903
1910
1936
1937

J. < J.
fe
N. Y ., 23 Broad St.
Jan. 1, 1911
J. & J. N. Y ., S. Pac., 23 B r’d St. Moh., 1909
J. & J.
do
do
Mch. 1, 1910
A.
A.
A.
A.
A.
A.
J.
M.
J.

&
&
<
fc
&
&
&
&
&
&

O. N. Y .,S . P ac., 23 Br’d S t Apr. 1,
O.
do
do
Oct. 1,.
O.
do
do
Oct. 1,
O.
do
do
Apr. 1,
O.
do
do
Apr. 1,
O.
do
do
Oct. 1,
J.
do
do
Jan. 1,
N.
do
do
Nov. 1,
J. New Y ork, 23 B road S t Jan. 1,

1905
1905
1906
1912
1937
1938
1905
1937
1911

Jan. 4,’ 9 7 ,1%
A . & O. N. Y ., J.P. M organ & Co.
J. & J.
do
do
A. < O.
fc
do
do
J. < J.
fc
do
do
J. & J.
do
do
F. & A.
do
do
Nov.
do
do
J. < J.
fe
do
do
A. & O.
do
do
M. & S.
do
do
do
do

A pr., 1913
July 1, 1909
O c t 1, 1910
Jan. 1, 1916
Jan. 1, 1922
Various.
M onthly to ’98
Jan. 1, 1915
Apr. 1, 1927
Sept. 1, l p o o
M onthly to *98

S o u th e r n P a c ific o f A r i z o n a ,—(See Map So. Pac.)—Owns from
Vurna to New M exico boundary, 393 miles. The stock is $19,995,000,
all but $2,400 being held by Southern Pacific Co., w hich pays all
charges and 12 per cent o£ net profits under “ om nibus lease,”
E arnings .— 2 mouths, l 1897....... Gross, $415,084; net, $110,240
Jan. 1 to Feb. 28.
(1 8 9 6 ....... Gross. 437,994; net, 151,720
In 1896, gross, $2,284,682; net, $393,983. In 1895, gross, $2,286,
5 7 6 ; net, $ 7 24,5 24; surplus oyer oharges, $2 9,87 9; net profits due
com pany under lease, $208,366.
S o u th e r n P a cific ( o f C a lif o r n ia ) .—(See Map.) —Total m ileage
Deo. 3 1 ,1 8 9 5 , was 1,920 m iles, o£ which 1,913 miles was ow ned, but
o f this 242 miles sold to A tchison in March, 1897.—See V. 64, p. 609
Balance (1,678 miles) leased to the Southern Paciflo Co. fo r fixed
charges, betterm ents and additions, and 44 per cent o f the surplus incom eu nderthe “ om nibus lease.”
Sto c k .—Of stock So. Pacific Company Jan. 1 ,1 8 9 6 , held $68,162,250B o n d s — General Mortgage o f 1888 abstract was in V. 49, p. 509.
Consolidated Mortgage authorized in Sept., 1893, (see full abstraot V.
57, p. 104,1), provides for all prior liens and new construction. Bonds
m ay be issued n ot exceedin g $30,000 per m ile, of which $7,500 a mile
is reserved for additions and betterm ents. See V. 57, p. 469. This
m ortgage covers several new branch lines, total 122 miles, not covered
by any other m ortgage. See V. 57, p 1040. Consols fo r $1,568,000 is­
sued for extensions were listed in Sept., 1896.—(V. 63, p. 561.)
L and G ran t .—T he land grant was 12.840 acres per mile, and proceeds
o f sales go to retire bonds, but a large proportion o f the lands bar­
ren and useless for agricultural purposes w ithout irrigation. In 1895
sales were 6,352 acres fo r $24,702 an d 50,286 acres w ere surrendered;
interest on deferred paym ents, $52,200; land notes outstanding Jan.
1, 1896, $3,175,542.
E arnings .—2 m onths, (1 8 9 7 ...G ross, $1,381,992; net, $434,664
Jan. 1 to Feb. 28.
H 8 9 6 ...G r o s s , 1,629,141; net,
567,523
A nnual R epo rt .—Separate report fo r year ending Dee. 31 ,189 5,
was given in V. 63, p, 25, 3 L
.
In 1896, gross, $9,857,848; net, $3,678,257. In 1895, gross, $10,470,434; net, $1,067,678; rental from A, & P., eto., $436,364; interest,
etc., $2,993,848 ; taxes, $338,863; bal., surplus, $1,171,331; net profits
due com pany underlease, $916,809.—(V. 63, p. 2 5 , 3 1 , 561.)
S o u t h e r n P a c ific o f N e w M e x ic o .—Owns A rizona State Line to
Rio Grande bridge, etc., 171 miles. Operated under lease by So. Paciflo
Company, the lessee paying all charges and 6 per cent o f net profits
under the omnibus lease. Stock, $6,888,800 (par $100), all. but $2,500
being held by South’n Pacific Co. Sinking fund Jan. 1, 1896, $489,549
E arnings .— 2 months, ) 18 97....... Gross, $206,335; net, $100,000
84,742
Jan. 1 to Feb. 28.
5 18 96....... Gross, 209,963; net,
In 1896, gross, $1,156,617; net, $465,963. In 1895 gross, $1,083,120
net, $3 65,5 59; surplus ov er charges, $7 1,00 3; net profits under lease
in 1895, $125,019. In 1894 gross, $926,979; net, $125,356.
S o u th e r n R a i l w a y C o m p a n y .—(See M ap.)—Com pany operatesj
4,752 miles o f road extending from W ashington, D. C., and West
P oint and Richm ond, Va., to Danville, Va., Charlotte, N. C., Columbia,
S. C.,and Atlanta, Ga., thence northerly to Bristol, Tenn., southeasterly
to the coast at Brunswick, Ga., and w esterly across the States of Ala­
bam a and Mississippi to the M ississippi R iver at Greenville. Water
lines—B altim ore Chesapeake & R ichm ond 8. B. Co., 200 miles.
Owned in fe e —
Miles. ([North Carolina R R .—
W. Point,Va.,to Greensb.,N.C. 233
G oklsb., N. C., to Greensb.,
Charlotte,N.C.,to Aug’ ata.Ga. 191
N. C ...................................... 130
Col’mbia,S.C.,to Greenv., S.C. 144
93
Greensb. to Charlotte, N.C.
Salisbury, N.C.,to M orristo’n,
Onerated u nder agreement —
T en n ........................................ 228 H[Richmond& Mecfelenb.RR.
31
B ristol to Chatt’ga, T en n ___ 242 tR osw ellR R . (narrow gauge)
9
Ooltewah Junction, Tenn., to
f] South. Ry. in Miss, (all bonds
Brunswick, Ga...................... 415
owned)
Austell,Ga., to State L., Miss. 261
State L., Ala.,toGreen.,Miss. 17S
A tlanta June.,G a.,to Lauder­
6C
B r’ehes to W ebbs, Miss.,Ac.
dale, M iss............................... 284 Controlled by securities—
Atlanta, Ga.,to Ft. Valley,Ga. 102 tlTAshev. & Spartanb’g R R .. 131
37 branches, e t o ...................... 844 State U niversity R R .............
1(
51
Elberton A ir Line R R ............
Total ow n ed ...................... 2,945 tllK n oxville & Ohio E l ........
6S
Leased—
So. Ry. in Ky. (all owned)
tUVirginia M idland Ry.
L oulsv.to L exin g’n,Ky.,&c. 1 2 2
A le x ’ndria,Va.,toDa'nv.Va. 231
Trackage, nights Branches to Strasburg, Ac. 109 W ashingt’n,D.C.,to Alex.,V a.
II Atlanta & Charlotte A ir L.
M obile ,1c. to B irm iug’m.Ala.
Chari., N.C., to Atlanta, Ga. 268 Y ork, A la., to Meridian, Miss.
ITGeorgia M idland R y ............
98 K en tu ck y & Indiana Bridge.
Selma,N.C.,to Pinners Pt.,Va. 151
Total m ileage operated Ju ly 2 ,1 8 9 6 ..............................................4,75!
t All or nearly all o f the capital stock ow ned.

IT See this company.
(See each Co.)
357 |Central o f Georgia R y .......... 1,46
336 |Georgia Southern & Fla........ 28

A F F IL IA T E D B U T O P E R A T E D S E P A R A T E L Y

Alabam a Great Southern...
Cincin. N. O. A Tex. Pacific.

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MAP OF T H E

diepton

S O U T H E R N

R A IL W A Y

S Y S T E M
M
hp»««dina.
V«’ SljniTvr •
r

i

7 ALLAHAS®feE j

iVLtA

SO TH R R ILW Y l
U EN A A
Owned m ltm<s4

j

CONNECTIONS

AUXILIARY l in e s .

CO .

IN VESTORS’ SUPPLEMEN T

130

[VoLt L X IV .

sub»crlber« will confer a ureal favor by giving Immediate notice of any error discovered In these Tables.
« .
. tag
T^rvrTrnrxrTMa
Bonds—1
Bonds—Prlnc 1INTEREST
RAILROADS.
Mile* Date Size, or
pal,W hen Due.
Am ount
When
Par
of
•liium heading*, dec., see noteB o f
F or explana Lion o f ___
Outstanding Rate per Payable ,W here Payable, and by Stocks—Last
Cent.
Whom.
Road. Bonds Value.
on first p ;e o f tables.
Dividend.

38
South c m Jty.— f Con. j—Rich. Y .R iv. «&Clies. 1st M.
38
2d M.t extended from 1900...................................
50
Washington Ohio & Western 1st m ortgage..........
309
West. Nor. Car., 1st con. M., g ..............................c*
East Tennessee Virginia & G e o r g ia Old 1st M. s.f.(Bristol,Tenn.v. Chat.to Dal.,Ga.) 272
Divls’n’l M., g.,(Bristol,Tenn. to Selma, Ala.)c* 552
E. T. Va. < Ga. consol. M., g. ($20,000,000).c*fcr 1,020
fc
95
Ala. Cent, 1st M., Selma to Meridian, g old ............
South. Ry.—E. Teun. lien, gold (5 after Mar.,’98)

1873
1880
1884
1884

$1,000
1,000
1,000
1,000

$400,000
500.000
1,025,000
2,531,000

5
j.
4*2 M.
4
F.
6 g. j .

&
<
fc
&
&

j.
N.
A.
j.

do
do
do

do
do
do

Jan. 1910
Nov. 1910
Feb. 1, 1924
Ju ly 1, 1914

1870
1,000
3,123,000
7
j. & j .
do
do
July 1, 1900
1880
1,000
do
3,106,000
do
5 g. j . a j .
July 1, 1930
12,770,000
1886
1,000
5 g. M. & N.
do
do
Nov. 1, 195$
1,000
1879
1,000,000
fc
do
do
6 g. J. < J.
July 1, 1918
1894
4,500,000 4 to 5 g. M. & S.
do
do
Mch., 1938
B .—O n properties pr ac ticall y o w n e d by (*) ok LEASE D TO (fl ) S o u t h ERN R y .
1895
1,000
] ,000,000
4 g* J. & J. N.Y.. J. P. M organ A Co. Jan., 19.95
Spart, Union A Col., $1,000,000 gu. Ash. A Sp.g.
lOO&e.
7,635,000
4, 5, 6 M. & S.
Baltimore, Md.
1881
Var. 1906-31
“ Virginia Midland—
Aerials....................................
1,000
4,859,000
M. & N. N.Y., J. P. Morgan A Co. May, 1936
1886
5
General m ortgage........................................
357,300
6
j . & j . Phil.,Tr.SafeD.AIns.Co. Ju ly 1, 1913
28 1879 lOO&e.
flCharlottesville & Rapidan, 1st mortgage..
6
J. & J. N. Y.,J. P. Morgan A Co. July, 1913
31 1879
70,000
•IIFranklin A Pittsylvania 1st m ortgage
100
1,700,000
M. & S. N. Y ., Central Trust Co. Sept., 1896
6
UAtlanta & Charlotte—Stock.................................
1,000
500,000
A. & O.
do
do
7
Preferred mortgage, subject to call at 10 0.c 2(>5k> 1877
Apr. 1, 1897
1,000
J.
J.
do
do
4,250,000
7
1st m ortgage...'...................................................r 2651*2 1877
Jan. 1, 1907
1880
500
A. < O.
fc
do
do
750,000
6
Incom e bonds (not cum ulative)...................... r
A pr. 1, 1900
4,000,000
J. & J.
B urlington, N. C.
6
HNorth Carolina—S tock.....................................
Jan., 1897
1885
1,000
J. N .Y ., J. P. M organ A Co. July 1, 1925
66
2,000.000
•Knoxville & Ohio, 1st m o r t, g o ld ................. c\fer
6 g. J.
C . — O n a l l p r o p e r t y o f S o u t h e r n R y ., i n c l u d i n ’ G LEAS E - HOI DS, & c . , 1st LIE N o n a bt . 900 M ILES OF R O A D AN D ON STEAM BO ATS.
Southern R y .—1st cons. M. g .($ l 20,000,000) c*<fcr 4,502 1894 l.OOOAc 26,962,000
5 g* J. & J. N.Y., J. P. Morgan a Co. July 1, 1994
333
100
5,191,100
5
• . A J. Sav., Ga. & M acon, Ga. J ’ n.5,’9 7 ,2 :4>%
T
Southwestern ( Ga.)—Stock (see te x t).........................
50
1,499,900 See text. A. & O. ----- a., Broad St. £
Southwest Pennsylvania—Stock [$3,000,000 auth.]. 109
A pi. 1, ’97, 6%.
109 1877
l.ooo
F. & A.
900,000
7
1st M., sink, fund $5,000 yearly, not draw n.......r
do
do
Feb. 1, 1917
1,000
2,812,000
5 to 6 J. A J.. N. Y ., Chase Nat. Bank. July 1, 1939
Spokane Falls < North.—1st M., $20,000 p. m.. g.c* 140 1889
£
1896
Columbia A Red Mt., 1st M., $322,000, gold .......
176,000
6 g. J. & J.
N ew York,
July 1, 1916
1896
Red Mountain 1st M., $237,000, gold....................
do
217,000
July 1, 1916
6 g- J. & J.
6
100
ylen Z>«yr»7rf*PVjlfor.-Stock,8p.c.gu. N.Y.Cent.
989,000 8 per an. J. & J.. N. Y .. Gr’d Cent.Station Jan., ’97, 4%
t Lins d Sullivan—1st m ortgage...................... o* 24 1879 100 Ac.
b
280,000
6
■ . A J.. N. Y ., Union Trust Co.| Jan. 1, 1899
T
13 1893
1,000
Staten Island—1st M., $1,000,000, gold, gu.p.A i.c*
500,000
New Y ork City.
4 ^ g. J. A D.
June 1, 1943
S ou th ern

I C a i l u a y —(Concluded.)

Of f ic e r s .—President, Samuel Spencer, 80 B’ way, N. Y .; 1st VicePres., A lexander B. Andrews, Raleigh, N. C.; 2d Vice-President, \V. w.
A West Pt. Ter. Railway A Warehouse system. The reorganization Finley; Treas., H. C. Ansley, 1300 P ennsylvania A venue, Washing­
plan presented in May, 1893, was given in full in V. 56, p. 858, 874, ton, D. C.; Secretary, Josiah F. H ill, 80 B roadw ay, N. Y. —(V. 64. P.
and certain changes thereof in pp. 1016,1058, and V. 57, p. 61.
The 232, 331, 373, 524, 611, 707, 708.1
modified plan o f Feb. 2 0 ,1 8 9 4 , was given in full in V. 58, p. 363, 385.
Southwest Pennsylvania B y
.,to Fairohance,
In 1895 control was acquired o f the Asheville & Spartanburg and Pa ,’44 m iles, and branches, 64 m iles; ,- Greensburg, P aLeased to Penn­
total, 108 miles.
the Alabama Great Southern (see those companies and V. 60, p .4 3 3 ,
sylvania R R „ w hich pays net earnings as rental and owns $1,057,250
1148 ; V. 61, p. 26), and also a large interest in the Georgia Southern
A Florida (see V. 61, p. 1 1 3 ,3 7 5 ; V. 63, p. 361.) A n agreement was stock and $600,000 bonds. Dividends In year 1891-92 10 p. c.; 1893,
In 1
likewise made with the Cincinnati Hamilton A Dayton for interchange 10 p. e.; pril, 8 9 4 ,1 0 p. o.; in 1895, 11 p. c.; in 1896, A p ril, 6 p, c.; in
5 p. 0.
o f traffic with the Cincinnati New Orleans A Texas Pacific (see V. 61, 1897. A
Gross.
Net.
Int.,taxes,die. Divid’ds.
Balance.
p. 375), and proposition made to purchase the Cincinnati Southern Tr.Oee.31.
. $713,793 $165,528
$104,100
$164,989 def.$
(operated by C. N. O. A T. P.), but this Avas rejected—see Y. 63, p. 1 8 9 6 . .
337,994
102,155
164,989 sur. 70,850
361. Georgia Midland Ry. (98 miles) was leased m June. 1896, fo r 99 1 8 9 5 .. .. 1,006,186
1 8 9 4 ..
.. 785,064
350,199
122,822
149,990 sur. 77,387
years.—V. 63, p. 361.
Stock . Authorized about $125,000,000 common and $60,000,000
Southwestern It 1C, (Ga.)— Map Central o f Georgia By.—Owns
Nee
fiv e p er cent non-cumulalive preferred stock. No additional m ortgage M acon, G a.,to Eufaula, 144 m., and branches to Columbus, Ac., 188 m.
can be put upon the property, nor can the amount o f the preferred
L ease .—Leased for 101 years from Nov. 1 ,1 8 9 5 , to the reorganized.
stock be increased w ithout the consent o f holders o f a m ajority o f the
Central o f Georgia Ry. at a rental o f 5 p. o. on stock. From rental in
preferred. The preferred stock is redeem able in cash at par.
Both classes o f stock o f the new company (except sufficient to qu alify arrears, adjusted, an extra dividend o f $10 per share was paid on Jan.
directors) are deposited with three stock trustees. The stock shall be 14, 1896; also 80 cents per share, being rental under lease from Nov. 1
held by the stock trustees and their successors, jo in tly till Ju ly 1 ,1 8 9 9 , to Dec. 3 1 ,1 8 9 5 , was paid, m aking that dividend $10.80 per share.
F or year ending June 30, 1895, gross, $9 60 ,2 2 1 ; net, $84,367.—(V.
and for such further period (if any) as shall elapse before the preferred
stock shall have paid tive^er cent cash dividend in one year, although p. 60, 523, looS; V. 61, p. 926, 1156.)
tho stock trustees may, in their discretion, deliver the stock at an
Spokane Falls & Northern Ry.—
Owns from Spokane, Wash.,
earlier date. Certificates o f beneficial interest, entitling the holder to to Canada line. 140-6 miles. The N elson & F ort Sheppard Railway,
dividends, are issued iu lieu o f the stock so deposited. Stock trustees com pleted in March, 1894, is in the interest o f the Spokaue Falls &
are J. Pierpont Morgan, Charles Lanier and George F. Baker.
Northern, from International B oundary Line to K ootenai Lake, B. C.,
D ivid en ds .—On preferred in 1897, Jan., 1 per cent.—V. 63, p. 1011. 60 miles. The Colum bia & Red M ountain R y. was constructed during
B onds .—T he new first consolidated m ortgage, Central Trust Co., 1896, is 17 m iles, and connects the 8. F. & N. Ry. at N ortliport with
N. Y., trustee (see a b s t r a c t in V. 59, p. 783), is secured by m ortgage R ossland in the Trail Creek Mines. Manhattan Trust Co., N. Y., is trus­
and pledge o f all the property o f the com pany. The total authorized tee o f all the m ortgages. The Spokane F alls bonds fo r $2,812,000
have been scaled to bear 4 per cent interest till July 1 ,1 8 9 6 , 5 per
issue is $120,000,000 o f 5 p. c. gold bonds, as fo llo w s :
cent to July 1 ,1 8 9 7 , then 6 per cent as form erly. They carry scrip to
Issued to April 1, 1896.............................................................. $25,839,000 represent the interest scaled, this scrip being payable in cash July,
Issuable onlv to < “ Pr!or bonds” (see V. 59, p. 7 8 5 )............ 69,124,700 1897, or in second m ortgage bonds. Stock, $2,812 ,000 ; par $100.
retire certain ) 8toc.ks <*ee v - 59, P* 7 8 6 )...........................
5,700,000 Loans and bills payable Dee., 1896, $285,000.
1
( equipm ent obligations (see V. 59, p. 786)
2,435,672
In M arch, 1897, the Canadian P acific proposed to build a connecting
To be issued hereafter only for extensions and additions
line from Lethbridge to Nelson, 325 m iles.
at not exceeding $2,000,000 yearly, with a single ex cep ­
E arnings .—2 m onths. 5 1897............... G ross, $92,804; net. $62,744
tion as to $4,000,000 (see V. 59, p. 7 8 6 )............................. 16,900,628
Jan. 1 to Feb. 28
(1 8 9 6 ..............Gross, 51,783; net, 33,105
F or year ending Dee. 31, 1896 (Dee. estim ated), gross, $439,554;
Total authorized issue...................................................... $120,000,000
net, $241,394. in 1895gross, $374,294 ; net, $ 2 1 2 ,4 2 6 .-V. 62, p. 366.
Of the $20,000,000 consols originally reserved, $2,100,000 have been
Spokane & Seattle Ry.— e e S eattle &I n tern at io n al Rr.
S
used for purchase o f Alabam a Great Southern and other purposes.
<v . 61, p. 5 6 9 ; V. 62, p. 504.) P rior bonds must bo paid by maturity.
Spuyten Duyvll A Port Morris.— oad is 6 miles double track
R
Charlotte Col. < Augusta first 7 s were extended to July, 1909, at 5 and connects the N. Y. Central A H udson witli the N. Y. & Harlem.
£
per cent. Extended bonds were assumed by Southern Ry., interest Leased to New Y ork Central till Deo. 3 1 ,1 9 7 0 , at 8 per cent on stock.
S
L i n A S u l i v a n . —Owns from
to Berenice
Dumber" l 896^‘ 9b,625®- 97°' 1006• EaS*
K
l
,
e^uiP eilt aotes Pa.,ta temiles.e Stock,l $980,250 (par $50.) M onroeton, Pa.,covers 5,000
m
24
The m ortgage
F i x e d C h a r g e s .— F ixed oliarges are estimated at $5,400,000 in 1896. acres coal lands. R oad leased till 1934 to the Pennsylvania A New
L a t e s t E a r n i n g s —8 mos. ) ’96-7.Gross, $12,975,470; net, $4,287,897 Y ork Canal & Railroad Com pany (rental, $40,000 per annum), and se
July 1 to Feb. 28.
<’95-6.Gross, 15,571,816; net, 4,416,654 operated b y Lehigh Valley.
The above earnings are on 4,803 miles in 1896 against 4,597 in 1895.
S t a t e n I s l a n d R y . —Clifton to Tottenville, 13 miles. Leased to
A nnual R eport .—Fiscal y ear ends June 30. Annual m eeting is held Staten Is. R ap id Transit Co. tin 1983, at $80,600 per ann., which pays
$4 per share on stock, interest on bonds and organization expenses.
the fourth Tuesday in October. The iirst anuual report tor 1895-96
WS,S s
’iven ’ n \- b. >P- 351. 359. See also editorial o. 337.
3
St o c k .—Authorized, 60,000 shares originally $15 per share; out­
IrgM c.—
•Tim freight tonnage is w id ely diver ifled, which is an ele­ standing, 14,000 shares. In 1893 chaugea form ally par value, making
ment o f strength. Agricultural products iu 1895 96 furnished only eachcei-tiilcate $75, and hence total outstanding $1,050,000.
about 15 per cent (cotton less th a n 4 per cent), w hile over 40 per cent
B onds —Of the 4 ^ per cents no m ore than $500,000 to be issued ex
was from mining industries (30)e p er cent being coal) and over 25 per
cept on two-thirds vote o f stockholders. They are guaranteed principal
loa d 'i’l l iV'tons01 ° f m anufactorles- Ton rate, 0-972 cents per in.; train and interest by Rapid Transit Co., and are so endorsed. Mercantile Tr
Co., trustee. The bonds were listed on the N. Y. Stock Exchange in
Earnings, etc., have been as fo llo w s :
October, 1895; proceeds o f $200,000 w ere used to double track and
Tears ending June 30.
1896.
1895
1894.
for T ottenville terminals. (V. 56, p. 887; V. 61, p. 737.)
A verage miles op era ted ...
4,573
4 139
Staten Island Rapid Transit RR.—Owns line of road aroum
Freight....................................$12,055,240
$10,816,024
$10,368,224
Passengers............................. 5,287,914
4,329 499
4,209,942 the Staten Island shore, east and north sides, from South Beach to i
point near Elizabethport, N. J.; total owned 11 m iles; leases State)
Mall, express, etc................
1,739,093
1,969,269
2,065,133
Island Railw ay, 13 m iles; total operated 24 miles. It has a 99 years
Gross earnings.................... $1 9,08’ ,247
$17,114,792
$16,643,299 lease o f the S. 1. Railw ay, Including ferry between Tottenville, S. 1
Operating expen. A taxes. 13,451,447
12,062,855
12,345,628 and Perth A m boy,N . J. See R apid Tr. Ferry in “ Miscellaneous." Th
bridge over the Kills at Elizabethport was com pleted in 1890, and sine
Net earnings.................. $5,630,800
$5,051,937
$4,297,671 July 1, 1890, the freight traffic o f the B altim ore A Ohio RR. Co. to an
Op. exp. to gross, per cent
(70-49)
(rom New Y ork has been handled b y this com pany. See description
(70-48)
(74-18)
Other Incom e.......................
188,507
o f m ortgages, etc., p. 8, Su pplem en t o f A pril, 1896.
89,677
S ecu rities .—The B altim ore & Ohio guarantees the 2d mortgag
Total net in com e..
$5,819,307
$5,141,614
bonds and owns a m ajority o f the stock o f $500,000 (par $100). Inie:
Oliarges—
e s t o n 2 n d 5s due Jan. 1 ,1 8 9 7 , was paid. Loans and hills payabl
Interest and rentals.......... $5,218,370
Dec. 31, 1896, $752,375.
$4,195,925
Other d edu ction s...............
44.458
49,944
E arnings .—5 mos., ( 1896...................Gross, $560,174; net, $270,80
July 1 to Nov. 30. (, 1895................... Gross, 600,336; net., 259,38!
Balance, surplus fo r year .
$556,479
$895 745
Statem ent fo r 1895-96, with balance sheet, was in Y. 63, p. 355,
Ts i.,.'a
er;vt 0,r ',f I'"® " oo'bposing tho Southern R ailway System (4 392
r
Tear ends June 30.
Gross.
Net.
Int. <t Taxes. Bal.,sw '
miles) for the entire years ending June 30 have been as follow s ■' ’
1895-96..............................$764,453
$347,910
$321,467
$26,44
Tears end June 30. 1895.
'1 8 9 4 .
1893
1892
1894-95
3x6.083
58,14
Gross earnings..$17,959,119 $17,548,685 $19,253,204 $2 73,'644 — (V. 61, ............................ 875.343 871; V. 63, p. 3 5 326.936V. 64, p. 331
o;i
p. 872, gsS) V. 62, p. 321,
5,839;
O r g a n i z a t i o n , E tc .—A reorganization in 1894 o f the old Richm ond

KATLROAD STOCKS AND BONDS.

A p r il , 1897.J

131

,ub»erlber» Will confer a great favor by giving immediate notice of any error discovered in these Tables.
B on d s—P rtu ol *
E S T E K E S T O B D IV ID E N D S .
M iles D a te S ize, o r
p a l, W h en D u eA m ou nt
of
of
Par
R a te per* V Tien W h e re P a y a b le , a n d b y Slocks—L a s t
R oa d . B on d s V alu e. O u tstan d in g
C ent.
P a y a b le
W hom .
D iv id en d .

RAILROADS.
F o r explanation o f colum n headings, A c., see notes

on flrst page o f tallies.

A ll,
A1).

gtaui. Ul. Rap. T r .- 1st M .,g‘. ,$ o r £ .s .r ., not dr., o
2d M , g - gu. p. A L (endorsed by B. A 0 .) -----ear
Incomes, gold m onetm m lative)..........
........
Stoekbrictge <i Pitts Held—6 p.e. r e n t a l s .! .X .H .A H .
Stuttgart <f A rkansas Riv.- 1st M. (see text), g ---- c
Sullivan County Railroad—S to ck ....... ....................

1 883

1886
1 885

23
40

43
Sutti>vla£ur. i r d * « i* .-S to ck ’ (owned Dy*i ’ a'. RR.)
43
1st, Series A , drawn at UK).................................... c
43
2d m ortgage, incom e.............................................e ir
Sun bury a- £ewi»toum—Stock, 51,200,000.................
5G
1st mortgage, $000,000, p. A
gold ................■c '
|tuncook VaUey-r&taitk, « p. c. rental Con. A M on.. : , , , ,
B usier S R ,— l e t m o r t g a g e ........................... .

SuKannei‘River Railway—S t o c k ...............
Suraeus* "Bimghamtim <£ Sew T o rt—Stock,
consol. M.ip. and i. gn.ir. (end.) t>y B J..A W .) .c**r
Sgrttmat Geaeca et Corning—S to c k ................ ...........
1st m ortgage, s. t , d p n at p a r............................... o.
24 ifliSfiypyreu....... , ........... ............ — . ....................61
Tinwm ee Georgia d A.Han. My.—Stock $3,000,000.
l*»t m ortgage, $20,000 per mile, gold................. tr
Tennessee M i d l a n d s ee N ashy . Ch at . & St . L,
Terminal Railroad Association—1 s t rnort.. gold..©*
1st eontoL mortgage, $12,000,000. g o ld ,. . . . . . . o ';
8t, Louis Bridge Co. 1st pref. stock, guaranteed.1
2d preferred stock, guaranteed,, en d orsed . . . . . .
1st m ortgage, g e ld .. . . . . . . . . — . . — -----, v c*
f Tttimel Railroad o f St. Bouts, stock, guar, (cu d .),
c
TerMinal My. f Buffalo) —First morL, $1,000,000.
§ 6tm Haute dt /m f m nam l is S t o c k — . . . . . . . . . . . .
CkmaoL ML, now l i t 51., lim ited to $1,000,000, g.s
New e*ms. 31., g., red, aft. J uly 1 ,1 0 0 2 , at 103. .e

1891
1894
_ .
1878
1 878
1896
___

....

si
81

1376

57
57

1 975
1 879

....

1 890

....

18-99
1 894
....

8 1 ,0 0 0
l.o o o
1 ,0 0 0
100
1 ,0 0 0
100
1 ,0 0 0
.
100 A c,
100 A c.

1,000

100
5 0 0 A c,
100
100
1 ,0 0 0
100
100 A c.
1 ,0 0 0
100
5 0 0 &C.
1 ,0 0 0
1 ,0 0 0
100
1 00
5 0 0 A c.

7 ,0 0 0 ,0 0 0
4 ,5 0 0 ,0 0 0
2 ,4 9 0 .0 0 0
3,(K)0.0(K)
5 ,0 0 0 ,0 0 0
1 ,2 5 0 ,0 0 0

1885

50
1 ,0 0 0

1 89 2

1.000

1 ,9 8 8 ,1 5 0
1 ,9 0 0 ,0 0 0
6 0 0 .0 0 0

1 979
___

1896
127
1 27

$ 1 ,0 0 0 ,0 0 0
2 ,5 0 0 ,0 0 0
4 ,5 0 0 ,0 0 0
4 4 3 ,7 0 0
3 7 5 ,0 0 0
5 0 0 .0 0 0
3 5 7 .0 0 0
1 ,0 0 0 ,0 0 0
1 ,0 0 0 ,0 0 0
1 ,3 5 0 ,0 0 0
1 ,2 0 0 ,0 0 0
5 0 0 ,0 0 0
2 4 0 ,0 0 0
2 3 6 ,5 0 0
1 .0 0 0 ,0 0 0
2 ,5 0 0 ,0 0 0
1 .9 6 6 ,0 0 0
1 .3 2 5 ,0 0 0
6 5 9 ,4 0 0
6 0 0 ,0 0 0
5 ,0 0 0 ,0 0 0
J ’ n.*97, n on e

S to c k b r i d g e A- P l i * * l l e l d ,—Ti84ea?eoT iH 8 to l l t M e l d , M aw .,
23 in. fammd for 99 yeam from April 1 ,1 8 0 3 ,to N. Y. K. H. A Hart., at ;
0 p. e. on stock. Leaaee pays taxe«. Leaee to H ouratonic la suspended.
M u l t g a r t A I r k a » « a « I t i v e r K R . —Stuttgart to Green w aid.
c.
Ark., 34 mUea; branch 0 mllea. Stoek, $300,000? par, $100. M ortgage
Trustee, Farmer** Loan A T rust Co, R eceiver H S. W. Fordyr-o. Bond
boldera turned In to m ortgage trustee fo r cancellation 23 per cent o f
their bonds and all unpaid coupons to and tne!tiding Jan. 1 ,1 8 0 7 .
Bonds were thereby reduced to $375,000* and n e x t coupon i* due July
1,1807. Y ear 1804, growl, $ 1 3 ,7 5 0 ; net, $1,938—V. 81, p. 283.
S u m m it B r a a c I k —See M im BALAM m m CtoMRftlKBs*
i s n t f a a c « t a tity I t l t . —R oad from B ellow s Falls* to W ind nor,
5 Yfc, 26 m llei, o f w hich 1 m ile l« mmd under (-o&traet Chartered 1846;
: roadopened 1849; operated tlttoe A pril, 1803, by B oston A M aine.
N il aaalO|af Utm taxes*, paid Icapor. Dividends o f 8 p. e. in 1895-96.
Barsix ^ s.—Fo r y e a r ending J a n # 3 0 , 1896, grona, $2 6,094; net*
i $70,983; Interest, tax***, e t a , $30*339; dividend*. $ 4 0 ,0 0 0 ; balance,
surplus, $624. In 1894*94, grows, $200,563.—V. 63, p. 8 7 7 .
S a n ln ir y I X a a le t o ii < e W I I k e * Ira r rt*• u » bu ry to T om Woken
3
—0
P a , 43 in. A coal road operated by the Penn. RR. Co., which own** the
I entire capital atm k and $488,600 la m m r». Sinking fund fo r le t m ort­
gage cow draw** about $11,000 bond* yearly at par. D i v i d k m a —
Pro® 1880 to 1802, May 8 p . & y ea rly ; In 1.803, $ g.
in 1894, 10
p. e.; In 1895, 10 p. c.; In 1898, way, 5 p. c.*, N ov., 5 p. c.
Tear [tec 31.— Gross
Set. I nl..la see,tie, Die'ds.
Balance.
1898................... $529,070 $229,133 $148,064 $100,000 dr f.$10,031
1893...... .
559,803
239,739
147.059
100,000 def, 7,320

6 K. A . & 0 . N. Y „ fo o t W lnteliaU St5 K. J . & J.
do
do
do
do
[up to 6 s ..............
S to ck b rid p e , M ass.
5 g. :J. & J. C oups, oa n o’ a t o J ’l y ,’ 9 7
8 5i in 9 6 A . & O. B o s to n , S .D ep . A T r.C o.
4
iA. & O.
B o sto n .
1 0 In *96 Jf. & N. P M la .. B ro a d S t. S ta t’ n.
i
5
M . & N.
do
do
6
M. & N.
do
do
..........
A . * 0 . PliUa.. G u ar. X. <t S. D.
4 g. J. A J.
do
do
6
J. & J.
7
A . & 0 . If. Y ., D . L . A W . Office.

Jan . 1 , 1 9 1 3
J a n . 1, 1 9 2 6
J a n . 1. 1 946
J a n ,,’ 9 7 .
%
1 92 1

119

A p r. 1 , 1 9 2 4
N ov. 1, >96, 5%
M a y 1 , 1 92 8
M a y 1, 1 938
A p r. 1, ’9 7, 4 %
J u ly 1, 1 9 3 6
J a n ., ’ 9 7, 3 %
A p r. 1 , 1 90 3

Q. —F. X . Y . . D .L .A W . R R .C o .
N o v ., 1 8 9 6
7
A, A O,
do
do
M a r.1,’ 9 7 ,3 %
8 in ’ 9 6 M . A- S.
O ct, 1, 1 90 6
7
M 1 5 .tX . -V. Y „ F im n . L. A T r. Co. N o v . 1 5 ,1 9 0 5
5
M. A- S. X . Y ., G r. C ent. S ta tion . M ob. 1 , 1 90 9

S ee t e s t .

5 g. M . & N. 1 st c o u p , d u e S la y 1 . ’ 9 7
4% g. A.
5 K. F.
G
J3
J.
7 g. A.
6
J.
4
IA.
T ext
F.
5 g. J .
5 e . J.

1 94 6

A O. X .Y ., J . P . M orga n A Co. A p r. 1.’ 9 7 .4 %

do
do
A A.
do
do
A J.
A J.
do
do
A O. N*e<r Y o r k and L on d on .
A J, K .Y ., J . P .i l o r g a n & C o .
A O.
H o w Y o rk .
& A.
A J. N. Y . , F a rm . L. & Tt . Co .
do
do
A J.

A u g . 1 , 1 94 4
J an . ’ 9 7 ,3 %
J a i l .,’ 9 7 , 1 % %
A p r . 1. 1 92 9
J a n .. ’ 9 7 , 8%
A p r. 1, 1 94 6
S ee text.
J u ly 1, 1 92 5
J u ly 1, 1 9 2 5

0 RGa sftz a t i out.—O rg a n iz e d in 1 88 9 . T h e f o llo w in g c o m p a n ie s a r e
*ole o w n e r# : C lev elan d C ln cintiatl C h ica go Jk 8 t. l.o u i8 . L ou lavU le *&
H M b T E b , St. Xgiula Iro n M ou n tain & S ou th ern , O h io *fc M iaafsalppl,
M lsaourt P a cific an d W abash . T h e se co m p a n ic* h a v e a g re e d u n d e r
c o n tr a c t t o tnm th e p r o p e rty fo r e v e r a n a t o p a y m t o lls a sum in t e n d e d
u n d er o r d in a r y elreu in sta n ce * , t o b e su fficie n t t o p r o v id e f o r in te re s t
on these b o n d s, in a d d itio n t o ta x e s , re n ta ls an d o t h e r ch a rg e s , an d if ,
o w in g to a n y te m p o r a r y u n fo re se e n circ u m s ta n ce s th e n e t e a rn in g s
should n o t b e su fficien t to m e e t th e fix e d ch a rg e s , e a ch lin e w ill c o n ­
trib u te Us p r o p o rtio n t o th e e x t e n t o f o n e -s e v e n th o f $ 1 ,0 0 0 ,0 0 0 t o
m ak e u p a n y d cftcle n e y . C o n tro l o f St. L. M erchants* B rid g e T erm . R R .—
see th a t c o m p « i y — w m o b ta in e d in N o v e m b e r, 1 8 0 3 , ( v . 5 7, p . 1 0 8 4 .)
Si. L o u is T erm in a l My. (“ W est B e lt l.in e ’ b . en tire stock* $ 1 ,2 0 0 ,0 0 0 ,
and the e n tire Issue o f firsts, $ l .2 0 0 ,0 0 0 , a re d e p o site d w ith tru s te e o f
T ertufm il R E - Assou 1st consol* m o rtg a g e .—V . 6 0 , p . 4 3 0 ; V , 6 2, p . 5 0 0 .
L k as {• * —T h e lease# o f th e B rid g e an d th e T u n n e l a re f o r th e ir
;♦•
co r p o r a t e e x is te n c e , a n d w e r e m ad e J u ly 1 ,1 8 8 1 , t o th e M issou ri P a cific
and the Wabash* b v w h ich co m p a n ie s th ey w e r e a ssign e d to th e p re s e n t
a ssociiition. T he le a se g u a ra n teed 6 p r r ce n t o n th e B rid g e C o’ s $2,*
4 9 0 .0 0 0 . fi.r#t p r e t *took^' 3 » . c« on it* $3.,0 0 0,00 0 s e co n d prat* u n d o
p. < o u th e T u n n e l C o’ #* $ 1 ,2 5 0 ,0 0 0 co m m o n s to c k .
?*
S t o c k . —Ca p ita l s to c k o u t s ta n d in g Dec* 8 1 ,1 8 9 6 , $ 1 ,4 41 ,2 0 0 *
B osn w , E r e .—T h e m ortg a ge o f 1 08 9 (tru ste e , C e n tra l T r u s t C o m p a n y ,
w a s d e sc rib e d in a d v e rtise m e n t in CBUtOSlCUS o f F e b ru a ry 1 3 ,1 8 9 2 .
T h e s t c o n s o l, m o r t g a g e o f 1 8 0 4 (C en tra ! T r. C o., o f K . Y .. tru ste e ,) Is
f o r $ 1 2 ,0 0 0 ,0 0 0 o f 5 p. o. g o ld b o n d s , o f w h ich $ 7 ,0 0 0 ,0 0 0 r e s e rv e d
to r e tir e fir s t * o f 1 8 8 9 an d $ 5 0 0 ,0 0 0 fo r c o m p le tio n o f E a s t B elt L ine.
G u a ra n te e * th e $ 3 ,5 0 0 ,0 0 0 St. l*» M erchant#* B rid ge T e rm in a l 1 st 5 s f
and th e in teres t o n t h e $ 2 ,0 0 0 ,0 0 0 1 s t 6# o f M erchants* B rid g e p ro p e r.
s a n n u r f Or b e w l t t e w n I t / .—«*»U m g r e ti Junctlnn to O n r!#■ (See th ose C o’ *..) On lic e . 31,189*1, th ere w a s d u e fr o m St. L . 4 M e r­
town, Pa., *4 mile**; ]*w i«tow D June, to Mllrojr, 12 mile*. In July, ch a n ts Dr. T e rm in a l CS, $ 8 6 8 ,4 8 9 fo r a d v a n ce s o n a c c o u n t o f g u a r a n ­
11896, waa merged with the Mifflin A Centre C ounty HR. (12 mile*) and t y , o f w h ich $ 1 8 0 ,0 0 0 a d v a n ce d In 1 8 9 5 -0 6 , b u t is n o t in c lu d e d In
atoek tneremied from $800,000 to 61.200.000 <V. 63, p. 516, ,561.) Leaaed a x e d ch a r g e s below.. B id s p a y a b le D ee. 3 1 , 1 8 9 6 , $ 4 2 5 ,5 1 2 .
for 79 yean* from Oct. 1. 1898. foriginal lea*** was made In 1878) to
A x s b a i , E k t o r t .—Y e a r en d s D ec. 3 1 , R e p o r t la V. 0 4, p . 5 1 5 , s h o w e d :
Pennsylvania Railroad for contingent Inter**! In net earning*. Trustee
p t m ortgage o f 1S0I> u G uarantee Tr, A S D, Co. o f Phila. K
Ye,fir-—
(Irtms
Wet,
Other tne*
O h a rgei.
B a la n ce.
—Met in 1894, $193,329; In 1895, $214,465; in 1896, $185,607 I) tv I 1 8 0 6 .. . . $ 1 ,7 0 0 ,2 0 7
$ 1 ,0 4 8 ,4 4 0 $ 3 3 0 ,2 1 3 $ 1 ,3 6 8 ,7 5 6 * u r .$ 9 ,8 9 7
1S83 to 1889, Inelaeive, 0 per *1, per an.; i8 6 0 t o April* 1897, 1 8 9 5 .. . . 1 .7 5 7,78 1
1 .0 4 2 ,7 5 7
3 3 3 ,3 1 3
1 .3 7 0 ,3 9 7
s iir.5 .6 7 3
ncioMve. at rate o f 8 p. c. (V'. 83, p. 516. 581.)
P resid en t. J u liu s .8. W alsh (e le cte d in M arch, 1 8 0 6 ); V Ic*c-President
ftfttMMNrifc. V a ll e y R R ««-*O w n*road Bttneook:toPlttaflald,K, H „ 17• a n d O en . M an., H P . -B rya n ; S e cre ta ry , J a m e s H a n n a ; T re a su re r, A . H<
mfte*. Leaded till 1912 to Concord A Montreal for 0 p. c. on $240,000 o u t W . 6 0 , p. 4 3 0 , 5 2 1 .9 3 0 , 1060; V. 0 2 , p. 49f>; V . 6 4, p . 5 1 5 . )

1

>f capital xtock; tot U «teek homed I* $341,700, o f which $101,700 la
T e r m l n # 1 i t y , o f H u 0 » U > ,— P ro te cte d an d p a r t ia lly c o n s t r a o t e d
iow dlviduml paying. President, Hiram A. Tuttle, PlUith ld, N. If.
fro m B iaisdeU , s . Y ., to D v f^ w , Ero* C o ., N. V .. 11 m iles. S to c k Is
: S uapetialof* B r i d g e A Krie»'-«*5l*irge<l In Brie B.It. I® A pril, 1896. $ 1 ,0 0 0 ,0 0 0 ; par* $ 1 0 0 , P r a tfd e n t, J, J . A lb r ig h t. B u ffa lo ; S e c r e ta r y ,
Mnaaex 1114.—Own* road from W aterloo to Franklin. K, J., and ■E, V, W . M o m tiet, G r a n d C e n tra l S tation* H* Y , C ity .
branch, 30 mile*. Road openc«| 1854. 8 l»e* 1981 operated by Del.
T e r r e I f a n t e Ac t t u l l # n » a o ] R w A ! c Jtfoy i k .
O w n s fro m
sAck. A W,, which own* a maj«»rtty o f Uie $1,839,600 atock. For year In d ia n a p o lis t o Illin o is State line, 8 0 mile**, w ith co a l b ra n ch e s, 4 7
.895, «m «*, $1 26.2 86; net. $26,57J ; inter***! on bond*, $ 1 6 ,5 5 o ; lial- ■m o e s ; to ta l, 1 2 7 m ile*, l^em m Terr© H a u te St I*ogn nsport R R ,, 183
furplu*, ♦10,018. til 1994, SPY*##, $tMJ*8i§8 ; met* $8,787,
. St, Louli* V an d alia A Terra H aute, 158 m ile s ; In d ia n a A L ake
IBraeW ee i l l ugt» wm i t m 4k V . V »—
d.Jedde*, K. Y., t« B ingham ton.' M ich ig a n R R ,, S outh B e n d , D id ., t o S t J o se p h H a rb o r, M i c k , 4 0 m .; T e rr s
x . i 81 mile*. Ooo(rolled *inee 1857 by Ik law are I*ack. A Wfatena, H a u te A P e o ria flea* 7 m ile* tr a c k a g e !, 103 m*; E . St, L . St O arondelofc
*
vhieii, July 1,1898, owned $1,912 ,000ito ck i id gnarantuea the W nda. R y . (o p e ra te d u n d e r c o n tr a c t) 13 m ile s; to ta l, 6 8 6 m iles.
IW IB B M ..
!
*80
TW
1 *91 *0 t o N o 5. *06, fuel Us*. H i t r o E v .—Ir* 1 89 3 th e Pa. R R . p u rc h a s e d a la r g e b lo c k o f s to c k ,
' 8s
2
12
8
8
8y ca rl 3 (2 p. c,
?er fient-,...
E e €X iv v. naifiF.—O n N o v , 1 3 ,1 8 0 0 , V o ln e y T . M a llo tt, o f Im lia n a p o EA9.8LVU*.
r i o » r i e n d in g J u n e 3 0 —
iia, l a d ., w a s a p p o in te d re v o lv e r. S ee s ta te m e n t In V . 6 3 , p. 1011,
Tm r~
Bnl,, cur,
m.
Wet,
Lr*t, s. ta xes, THmdem
%MamebwE tc ,—lemmm St. Lottjs V an d al in A T erre H a u te R R* o n j o in t

' 8 9 5 -'6 ».....$ 9 9 6 .501
$ 3 0 0 ,6 1 7
f t $7*371
lf.$ 17,754 a cco u n t with P ittsb u rg <’iu cin n a ti C hic. A 8 t. L. R R ., a t 3 0 p. c , o ! g r o ss
-8 9 4 -5 ..... 891 »0H#
14,936 ea rn in g s, and o w n - $ 5 0 0 ,0 0 0 o f ft* co m . and $ 3 2 6 ,0 0 0 o f Its p ro f, s to c k .
39-1.708
1 7 9 ,7 7 2
-IV. 63, p. 2 6 7 , 8 8 1 ; V . - , p. 4 2 4 0
D m r iK ir w i; 1 8 7 8 to 1 8 8 4 ,8 ; 1 8 8 8 t o F o b ., 1 89 4 , 6 p , a ; n o n e sin ce,
M jrraeuae G e n e v a 4k O e r n t n g e - O v i W ft o m C orn in g , If, Y ., t o I In 1 803 s i* p e r c e n t e u n lp m e n t n o t e s f o r $ 1 0 0 ,0 0 0 W ere is*
i«nera, Jf. Y.% mile* 5 Peon Y en to Dresden, 6 m. I^»a*e4 to Fall sTUBd, m a tu rin g $ 5 ,5 5 6 m o n tn iy , th e V a n d a l!a t o p a y 4 2 p. c . o f th e se ,
58
•
rook R y . S tock $ 1 ,3 2 5 ,0 0 0 (p a r $ 1 0 0 ); 9 . Y . C en tra l o w n * $ 8 6 2 ,6 0 0 . the T . H. Sc L. 17 r*. c. and the T . H . A L 41 p. c. On O ct. 3 1 ,1 8 9 6 , b in s
DfTfDRxn* «ln ce 1 8 9 1 : In t8 9 2 , 1 0 p. c . ; In 189.1, 12 p. c .; In 1 89 4 . payable* $ 1 9 8 ,0 0 0 ; c a r an d lo c o m o tiv e tru s ts, $ 3 4 8 ,2 9 9 .
e.; in 1893, 9 p, c.; In 1896. 8 p. c.; In 1897. M ar.. 3 p. c. In 1891
QCA.ita s t i t s —G u a ra n te e s b o n d s o f Die T , H , Ac L o g ftn s p o rt, T . H . &
•5. gW W earning# w ere $ 6 9 4 ,6 1 5 , »e | , $ 2 2 3 ,4 0 9 ; I gkxm, * 9 ,5 8 6 ; P e o ria an d I n d ia n a & Lake M ich ig a n —s e c t h o s e c o m p a n ie s —b u t in ­
N i
*,nm, $ 2 2 8 ,2 0 5 ; In## to D **ee. # 1 4 ,3 8 2 . In 1 8 9 3 -9 4 gro#* $ 6 1 5 ,1 5 8 ; I te re s t o n th e ir b o n d s is in d e fa u lt. V* 6 3 , p, 4 0 7 .
$ 2 0 9 ,1 4 3 ; lom CO lessee. $ 1 5 ,5 6 2 . Y» 6 3 , p . 190,
X&ttVAt, M m m m —R e p o r t f o r fisca l y e a r e n d in g O ct, 3 ) , 1 8 9 6 , w a s
T * iifie * * e e C e n t r a l H I t ,—P artly com pleted from Lehanoxt to g iv e n at s o m e le n g th in V. 6 4 , p , 4 6 6 , s h o w in g , on 127 m ile s: G r o ss ,
landing s t
i, et©., 2 7 mite*, There are said to be $ l«k >,000 or more ! $ 1 ,2
73
e t, $
o her
e , $ 4 6 ,8 3 3 ; In terest, $ 1
-'cdycF* ctT tiie a te # ontatat>dlngv Foreclosure aide ha* been, ordered \lo*»s 1 3 ,5p e r; anin g le1 9 0 ,0 9 1 ;e s ,t$ 2 7 9in ce m b a la n c e , d e ficit, $ 1 6 1 ,22 5 ,0 0I0 ;
in
t
d lin
94
n
>r Mar 27. l|197, a t C r o v n il l e , T en n . R e c e iv e r la C. O . U o d fn * y ,! 1894-5:o Or©**, $ 1 ,2a se,5 2 6 ; md* $ 2 ,70 ,8 ;8 3 ; o th e r in co m e , $ 5 5 ,9 87 3 , (V ,
30
7
7.
itihvme, Tent:
$U (Y , 6 4. p. 2 8 8 , 4 3 4 ,7 0 8 4
0 3 , p. 2 6 , 4 0 7 , 9 2 4 , 1 01 1 ; V . 6 4 , p. 4 6 6 . )
Tctitle#!
G e o r g i a Jk H U n i l r I t y . - I ncorporated In Cnio- j T e r r e I f i i n t e A: t*r»g« i m p o r t ft f t , —O w n s fro m S ou th B e n d , Inch*
rr, 1990, t
*as« and purchase the Kortheaatern RR. o f Ga. {which I t o R o ck v ille , Irid,, 1 6 0 m ile s ; tra ck a g e , R o c k v ille to Terr© H a u te, 2 2
m eartend 1( from Lula, <ln.,ao a* to form a thr»>ngh Hue from Jm iles; steel* 6 « and 7 0 lb . L ea sed to T e rr e H a u te S In d ia n a p o lis R R .
&
Italian©#!!"i» Tesn.. to Augusta. Cht, 243 mile*. C'«r**trueih«n waa f o r 9 9 yea rs fro m D e ce m b e r, 1 8 7 9 , a t 2 5 p e r ce n t o f g ro ss e a rn in g s a n d
g'ioJn Yor^mber, t -9 6 . Capital atook 1* $5,000,000. M ortgage I* first m o rtg a g e b on d s gu a ra n te e d . S to ck . $ 5 0 0 ,0 0 0 : p a r $ 5 0 .
t w"
^*0^*0,000. of which $800,0$ 0 w ill b* placed on the 40 mile* * In te re st due J u ly 1 , 1 8 9 6 , w a s p a id F e b . 12, 1807. v . 0 4 , p . 3 7 4 .
•
3
Eaathni RE. o f Oa. an d balance tiaed for este n ilo o * . Preal-1 F o r e c lo s u r e in p ro g re s s : u n d e r tw o first m o rtg a g e s 7 0 p e r c e n t
en% AJenan B, O orndl, Hew Y o r k ; Vine-F tps*, and Gen. Manager, I o f o u ts ta n d in g b o n d s d e p o s ite d . Sec? V . 6 4, p . 8 5. C om m ittees—
uward A. Richards o f A tlanld, Ga.—'V. 63, p. 716, 1010*
F irst M ortgage C om m ittee—yt. h , B audder, 3 2 L ib crtv St., N . Y ., C harles
T e r m in a l ft f t , . * »* o rt«t o*t *»f wt,
P r o p e r t t .— j E. J a c k so n a n d H o o r y B. E ly . D e p o s ita ry , H e w Y o rk S e c u r ity & T ru st
’’h* ®bd operate* e x te n d ve terminal* at 8t. r>otiS*. with belt line* and 0 0 ., 4 6 W ail St. V. 0 3, p, 7 5 6 . Extension Bondholders C om m ittee—
;1dg##» and a Imunni 4.84KI foot
e n g th . H ie Union. P m m t im t Sto* C hairm an, R. D a le B e n so n ; C h a rles P ra tt, R. 8. B rock* H a r r y F. W est,
oft at St. tout* w m opened 8#u.f . 1 89 4 . T h e s la t io o |* leaded to th e A u g u s t u s 'fh o m a s . D e p o sita rie s, D r e x e l & Co.* P h ils.; N. Y . S e cu rity
saatMi
ftr $ 3 3 5 ,0 9 0 i
<k T ru st C o., N. Y .—Y , 6 3 , p . 1 1 7 , 839 .
ie la g u ba*la.

200.0

01

4

4

132

INVESTORS’

SUPPLEMENT.

[V ol. L Z IV ]

Subscribers will confer a great favor by giving Immediate notice of any error discovered In tliese Tables.

INTEREST OR DIVIDENDS.

RAILROADS.
Miles i Date Size, or
Par
of
of
F or explanation o f column headings, <fcc., see notes
Road. Bonds Value.
on first page o f tables.
fe r r t Haute dt Logansp —ls t M .f guar*byT.H.&Ind.
1st M. on Logans, to South Bend (2d on 93 m.)gu.
Terre Haute 4 Peoria.—*Common s t o c k ..:............
Prsfei red stock, 6 x»er cent, non-cum ...............
First mortgage, g old ......................... . —
1st consol. M.. $2,500,000, g., gu. p.& 1. (end.)..
Texas Central—
-Common stook..............................
Preferred stock, non-oum ..................................
1st mortgage for $2,000,000 gold, red. at 105.
Texas Midland RR .—l* t m ortgage......................
2d m ortgage.....................................................
T exas* N. Orleans o f'7 1 —Land grant, 1st M ..c*& r
Sabine Division 1st m ortgage, gold................ e*«tr
Consol, mortgage for $4,195,000.................... o*Ar
Texas school fund Deo. 3 1 ,1 8 9 5 .............................
Texas * Pacific—Stock, $50.000,000...........................
1st M. (Eastern Div.), gold, s. f. red. at 100— c*
1st consol, mort. for $25,000,000, g o ld ..............o*
2d consol. M. ($25,000,000), gold (see rem .)— ©
*
Car trusts Jan. 1. 1897, payable m onthly........
Texas Sabine Val.d N. TP.— 1st M. $12,000 p.m., g..c
General m ortgage, $17,500 per m ile......................
Tioga A /f.—Stock /$189,700 is preferred).................
’
le t M., due 1882 and extended, g o ld ......................
Extension bonds.........................................................
Elmira State Line Railroad 1st m ortgage, guar..
Toledo Ann Arbor * North Michigan—See A nn A r
Toledo * Ohio Central—Common stock ......................
Preferred stock............................................................
D t M , g.. limited to $3,000,00* (V. 53, p. 436).-.
Western Div. 1st mort. for $2,500,000, gold — o*
General m ortgage ($2,000,000), gold ..................c*
Car trusts. Series 2, 5. 6. June 30, 1896 (prin’ pal)

93
65

1879
1883

144
144

1887
1892

$1,000
1,000
100
100
1,000
1,000

175
52
52
105
104
209

1893
1893
1893
1875
1882
1893

1,000
1,000
1,000
1,000
1,000
1,000

1,506
505
1.387
1.387

1875
1888
1888

1,000
1,000
1,000

"38

1888
1893

A m ount

1 ,0 0 6

46
46
7
BOR R

196
Text.
335

'Too

"T o

1852 500 &o.
1,000
1875
1875 500 &c.
A ILW A y.
100
100
1,000
1885
1,000
1892
1,000
1894

Earnings.—Fiscal year ends Oct. 31. R eport fo r 1896 was given in
V. 64, p. 467, showing gross, $595,719; net, $81,526; rental paid
T. H. A L., $148,930; bal., loss to lessee, $67,404. In 1894 5, g ioss,
$680,649; net, $122,146. (V. 63, p. 31, 6 4 ; V. 64, p. 42, 85. 182,
374, 4 6 7 .)
Terre Haute & Peoria H R .- (See Map o f Pennsylvania RR.)—
R oad operated from Terre Saute, Ind., via Decatur, to Peoria, 111,, 173
miles, o f which 145 miles are owned and 28 miles is by trackage over
other roads. From Oct. 1.1 892 , leased for 99 years to the Terre Haute
& Indianapolis at rental o f 30 per cent o f gross earnings, with a mini­
mum sufficient to pay interest on debt. See V. 55, p. 766. Lessee owns
$544,200 preferred and $1,388,000 common.
C o m m i t t e e . — Interest due Sept. 1, 1896, was n ot paid. Bondnolders’ C om m ittee—
Chairman, Mark T. Cox, James A. Blair, Jam es
W. Paul, Jr. Depositaries, N. Y. Security < Trust Co. N. Y ., and
fc
D rexel & Co., Phila. A m ajority o f bonds has been deposited and suit
brought for the appointm ent o f a receiver.
The consols [Union Trust Co., N. Y ., trustee] carry the guaranty of
th eT . H. & Indianapolis. In year ending Oct. 31, 1896 (see V. 64, p.
467) lessee reports gross, $403,559; net, $18,663; rentals to T. H. & P.,
$121,068: balance, loss to lessee, $102,405. In 1894-95, gross earnngs, $445,483; net, $67,543. (V. 64, p .4 6 7 .)
Tehuantepec National R y . (Mexico)—
SeeV. 63, p. 31.
Texas Central R R .— o a d — Runs from Ross, in McLennan Co. to
R
A lban y, T ex., etc., 186 miles.. This railroad com pany in January,
1893, took over the railway com pany’s m ain line sold in foreclosure
April 22, 1891. The new mortgage provides for old liabilities, better­
ments and future extensions. On Jan. 1, 1897, $250,000 additional
firsts were held in treasury. A s to W aco& N ortli Western see V. 64, p. 707.
Dividends on P referred.—In 1896, Jan., 3 p . c.; in 1897, Jan., 3 p. c.
In year ending Dec. 31, 1896, gross $293,415, net, $84,288; inter'
est on bonds, $15,000; dividends, $39,735; spent for im provem ents,
etc., $29,493; balance, s u r D lu s for year, $60. In 1895 gross, $317,162; net, $111,786. (V. 62, p. 5 4 6 ; V. 64. p. 5 1 4 , 707.)
Texas Midland RR.—Road from Ennis on Houston & Texas
Central Ry. to Paris, Texas, 125 m iles (of which 52 miles Greenville
to Paris com pleted in Oct., 1896.) Form erly part o f Texas Central
Ry.; in 1893 purchased by Mrs. Hetty Green. It was reported in
March that rails had been purchased to extend the road from Green­
v ille to Dallas and W aco, 130 miles.
8TOCK.—$500,000; par, $100. T otal current liabilities July 1 ,1 8 9 5 ,
$639,358, including $86,866 unpaid coupons. F or year ending June
30 ,189 6, gross, $141,876; def. under operatin g,$27,197; other incom e,
$129; charges, $171,352; bal., deficit, $198,4 20. In 1894-95 gross
earnings, $193,577; deficit from operating, $20,747. President, E. H.
R. Green, Terrell, Texas.—V. 63, p. 839.
Texas Sc New Orlean s KR.(of 1874).—
Houston,Tex., to Orange,
(8abine River), 105 m iles; and Sabine City to Rockland, 102 miles;
Texas Transportation Co., 8 miles, was purchased in 1896.
S e c u r i t i e s E t c .— A reorganization in 1874. The stock is $5,000,000,
all but $2,500 o f it being owned b y the Southern Pacific. Subsidy
lands Jan. 1 , 1894, w ere 734,969 acres; other lands 115.523 acres.
E arnings .—2 months, (1 8 9 7 ......... Gross, $250,013; net, $87,396
Jan. 1 to Feb. 28.
(1 8 9 6 ......... Gross,
228,401; net,
72,150
In 1896, gross, $1,395,966; net, $457,257. In 1895 gross, $1,632,910;
net, $675,251; surplus, including other incom e, over charges and
taxes, $365,768.
Gross in 1894 $1,570,371; net, $620,400. (V 56.
p. 700; V. 57, p. 218, 256; V. 62, p. 1140.)
'Texan Sc P a c i f i c Ry.— o a d : New Orleans, La., westerly to El
R
Paso, Texas, 1,159 miles: Marshall via Texarkana Junction and Whitesboro to t o r t Worth, 316 m iles; branches, 24 m iles; total, 1,499. of
which 92 miles, Sierra Blanoo to E l Paso, is trackage, and 21 miles
Shreveport to State line, leased, leaving 1,386 m iles owned.
O R G A N I Z A T I O N .-I n 1888 reorganized by the plan in V. 43, p. 164, and
V. 45, p. 401, without having the foreclosure sale confirmed, thus nretbe orl« mal Federal charter. Land assets Jan. 1, 1897. were
86,954 acres, some 13,000 town lots and land notes $81,442. See
also Texas Pacific Land Trust in “ Miscellaneous Cos.”
Sto ck . - M o- Pacific Dec. 31,1895, owned $6,525,000 stock, pledged as
w 1thS S w alat$V 78,750
* n0t° S ° f 1895 and valued for p u r p l e of
B o n d s .— Trustee o f first mortgage o t 1888 is Fidelity Ins. Trust & Safe
Pidladelpliia; o f second mortgage o f 1888 Mercantile
Trust Co., o f New York. (See m ortgage abstracts, V. 47, p. 82 t
Jail. 1, 1890, Texas school loan was *133,043, for winch $167 000
first consolidated 5s are reserved; $73,000 old bonds are unredeemed ■
interest scrip, incom e and land grant bonds (retirable under reorgani­
zation agreement), $298,142 ; other scrip, $10,926.
euigani
G e n e r a l F i n a n c e s .— N o interest has been paid on second 5s, but
there is no right to foreclose unless default is made on first m ortgage
Holders o f one-third o f tbe outstanding seconds, how ever, m ay require
the trustee to enter upon and operate the property, but this right lias
oxerelse,J- T>® com pany lias been spending its earaings fn
1
nested im provements .Tun. 1, 1897, about 40 m iles o f iron rails re“
mained to lie replaced by steel, contracted to be done in 1897

R ate per When Where Payable, and by
Payable
Whom.
Cent.

6
j . & j . Ju ly,’96, pd. F eb.12,’97
$500,000
6
j . & j . J u ly,’96, pd. F eb.12,’97
1,000,000
1,926,800
1.837.400
In default.
112,000
5 g. M. & S.
2.048.000
5 g. M. & S. M ar.,’96, coup.last paid
2.649.400
1,324,500 See text. Text.
250.000
6 g. A. & O. N.Y., Moran, 68 Wm. St.
5
J. & J.
None in 1894-95
150.000
J. & J.
5
None in 1894-95
750.000
F. & A. N. Y ., S. P ae.,23 Br’dSt.
7
1.620.000
fc
do
do
2.575.000
6 g. M. < S.
1.620.000
5 g. j . & j . N. Y ., Central Trust Ce.
M. & N.
6
389,999
38,710,900
3.784.000
6 g- M. & S. N.Y.,M erc.Tr.Co.&Pliil.
do
do
fe
21,206,952
5 g- J. < D.
None paid.
23,172,588
5 g. Mch. 1.
102,104
473.000
5 g. j . & j . Road sold Mar. 2,1897.
5
j. & j .
50,000
580,900
239,500
5 g. M. & N. Phil. ,Newbold’8 Son&Co
A. & C. Elmira, ChemungCo.Bk.
7
265.000
A. & O.
do
do
160.000
7

Bonds—Prim 1pal,W ken D m .
Slock8 —Last
Dividend.
Jan. 1, 1910
Jan. 1, 1913
Mar. 1, 1927
Sept. 1, 1942
Jan. 15,’97.3%
Apr. 1, 1923
1993
1993
Aug. 1, 1905
Sept. 1, 1912
July 1, 1943
2 p. ct. per an.
Mcli. 1, 1905
June 1, 2000
Dec. 1, 2000
1897-’98:
July 1, 1938
Jan. 1, 1943
Nov. 1, 1915
Oct. 1, 1905
Oct. 1, 1905

N. Y ., Central Trust Co. Nov. 25,1893
6.500.000 See text.
do
do
3.708.000 5 per an. Q .- J .
July 25,’96, l 1
*
do
do
3,000,000
July 1, 1935
5 g. J. & J.
do
do
2.500.000
Oct. 1, 1935
5 g- A. & O.
1.500.000
do
do
June 1, 1935
5 g. J. & D.
Quar.
6& 7
363,206
See text.
A nnual R eport .—A nnual m eeting Is held in N ew Y ork on the third
W ednesday in March. R eport fo r 1896 was In V. 64, p. 564.
Year ending Dee. 31— 1896.
1895.
1894.
1893.
Gross earnings...........$6,825,145 $7,015,309 $7,353,013 $7,334,294
Net earnings.............. 1,457,559
1,614,648
1,863,189
1,912,765
Other receipts...........
109,533
86,324
71,954
117,768

Total incom e ....$ 1 ,5 6 7 ,0 9 2 $1,700,972
$81,326
$83,877
Paid rentals, etc.......
Interest on debt........ 1,279,490
1,279,490

$1,935,143
$109,277
1,279,490

$2,030,533
$91,127
1,279,490

Surplus fo r year. $206,276
$337,605
$546,376
$659,916
New equip, r.est.,etc. $212,287
$182,633
$278,041
$132,819
— (V. 6 0 ,p. 5 1 9 , 523; V . 62, p. 5 4 4 ; V. 63, p. 153, 6 4 9 ; V. 64, p. 56 4.)
Texas Sabine Valley Sc Northwestern Ry.— ongview June*
L
tion, Texas, to Boren, Texas, 40 miles. R eported sold in foreclosure
Mar. 2 ,1 8 9 7 , to F. T. R em bert, D. D. D urham and G. T. Merrill of
L ongview , and the G rigsby C onstruction Company o f Jefferson, Tex.,
for a total o f $10,000. F or year ending June 3 0 ,1 8 9 6 , gross, $34,80S';
net, $7,280. In 1894-5, gross. $46,598; net, $12,556; charges, $15,762.
In 1893-94, gross, $51,918.—(V. 62, p. 1179; V. 63, p. 155; V. 64, p. 708.)
Toledo Ann Arbor Sc Nortli Mich.— ee Ann Arbor RR.
S
Toledo Sc Ohio Central R y . —(See Map)—This road, w ell shown
on the accom panying m ap, is made up as fo llo w s :
L ines owned.
Miles.
Trackage f 37 m iles.)
Miles.
Toledo to B rem en........................ 173 In Toledo (L. S. & M. S.)..........
1
Alum Creek to Truro Ju no_______ 4 Bremen to New L exin gton___ 11
N ew L exington to Corning___ 13 To M illfleld and to Carrington 25
Prentice to T h u rston ................. 145
Total op erated .................... 372
T otal o w n ed ......................... 335
Organ ization .—Formed after sale in foreclosure o f the Ohio Central
main line on A pril 15, 1885. In October, 1890, a large interest in the
Kanawha & Michigan (which see) was acquired, and in Aug., 1893, an
extension o f the K. & M. conn ecting w ith the Ches. & Ohio was opened.
The Toledo Columbus & Cincinnati w as purchased in 1892—see terms
V. 55, p. 590, and as since exten ded form s the Western Division.
Cap it a l Sto ck .—Com mon stock was increased in February, 1891,
from $1,849,000 to $4,849,000, and in March, 1893, to $6,500,000, for
extensions, rolling stock and im provem ents.
The p referred is entitled to 5 per cent non-cum ulative, then common
to 5, then preferred to 2, then com m on to 2, then both share, pro rata.
D ivid en ds .—On com m on: In 1891, 2 per c e n t; in 1 8 9 2 .4 p. c.; in
1893, 2 p. o.; none since. On preferred from A pril, 1890, to July,
1896, inclusive, 5 p. e. yearly ( l ^ quar.); none since. V. 64, p. 135.
B onds .— Western Division m ortgage covers the road from Toledo
to Truro Junction, 139 m iles, and also (subject to the first mort­
gage of 1885) the rest o f the p roperty. See V . 55, p. 322, 545, 590, 625.
General m ortgage o f 1894 (Central Trust Co., New York, trustee) is
for $2,000,000, secured by a general m ortgage on all the railway, prop­
erty, term inals, equipment, rights and franchises o f the company now
owned or hereafter a cq u ired ; $1,500,000 has been issued to pay the
indebtedness incurred and to be incurred in the completion or the
Columbus Line and in acquiring and im proving the extensive termin­
als at Columbus—see V. 62, p. 594.
The Toledo & Chio Central guarantees the principal and interest ol
the Kanawha & Michigan first m ortgage bonds. (Sc e that company.)
G en e r a l F inances .—In M arch, 1896, w ere listed on the New Yorli
Stock E xchange $1,500,000 general m ortgage bonds issued for tin
purposes stated in Y. 62, p. 594.
The unencum bered equipm ent consists o f 73 locom otives, 34 passen
ger cars and 2,862 freight cars. The car trust obligations now in forct
cover 14 locom otives and 2,850 freight cars; they have been reducer'
from $1,181,284 to $363,206 on June 30, 1896; $161,062 are 7s.
Fixed
Bal. fin d
E arnings .— 8 mos. Gi'oss.
Net.
Charges, olh.incom
t
July 1 to ( 1896-7...$1,187,409
$306,903
$305,724
$8,10F e b .28. 18 95-6... 1,354,734
444,789
311,015
142t16M
F loating D e b t .—On June 30, 1896, loans and bills payable wer
$413,240.
A nnual R epo rt .—Fiscal year ends June 30. Annual meeting is lieh
at T oledo on the first M onday in September. R eport for 1895-96 wa
in V. 63, p. 752. Of total tonnage 60 per cent in 1895-96 was bi
tuminous coal.
1894.
Years ending June 30—
1896.
1895.
M iles operated......................
347
372
367
$1,648,53!
Gross earnings...................... ...$ 1 ,9 4 4 ,5 0 3
$1,903,990
$527,91
Net earnings........................
$605,584
11,89
Other incom e........................
9,421
$615,005
424,265
185,400

$539,81
367,37
244,68

B alance................................ ..d ef.$ 27,5 86
sur. $5,340
—(V. 63, p. 226, 4 5 7 , 7 5 2 , 7 5 6 ; Y. 64, p. 135, 566.)

def.$72,24

Total net in com e.............. . . .
Interest, taxes, e tc ..............
D ividends.............................

$627,378
469,564

*

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INVESTORS

134

SUPPLEMENT,

LVOL. L X IV ,

Subscriber* will confer a jjreat favor by giving Immediate notice of any error discovered in tliese Tables.

Bonds—P rin ci­
INTEREST OR DIVIDENDS.
RAILROADS.
pal, When Due.
Date Size, or
Am ount
When
Par
of
F or explanation o f column headings, Ac., see notes o f
Outstanding Bate per Payable Where Payable, and by Stocks—Last
Whom.
Cent.
Dividend.
Road. Bonds Value.
on first page o f tables.
Tot dt O h io C en t. Ext.—Marietta Mineral 1st M., g . .

1st mortgage for $1,500,000, g old .......................o*
General m ortgage......................................................T o led o Peoria <t W est.— IstM ., (for $5,000,000), g.o*
Debenture scrip, authorized $220,275...................
T oled o St. Louis
Kansas Oily.—Comm on sto ck ...
Preferred stock, 4 per oent, non cum ulative........

45
15
230

1885 $100i&c.
1,000
1888
1,000
1891
1,000
1887

451
451

....

1st mortgage, gold (redeemable at 105)............o*
Notes payable, incl. equip, oontraots, June 30,’95.

451

1886

1st m ortgage................................................................

96
125
125

1888

82
26

1891
1893
1896
1883
1883

6
105

1882

Consol. M. for $2,000,000, gold ........................... 0*

102

1888

1st M.,$250,000,$12,500 p.m.,g., red. at 110 c\tr

....

1893

1st M.,Omaha to near Ogden, 1,035 miles, g old ..
Do
do
do
..
Do
do
do
Do
do
do
Do
do
do
Do
do
do

1,035
1,035
1,035
1,035
1,035
1,035

1866
1867
1867
1868
1868
1869

Gen. M. ($20,000 p . in .),) A , guar. p. *t i ............o*
$4,000,000, g o ld ........ SB,
do
..............o"
Toronto Hamilton di liutTalo—1st mortgage, gold.c*
Traverse O ily RR.—First mortgage, g old..................
Troy & Grecu bush—Stock, 7 per cent rental, N.Y.C.
T y r o n e < Clearfield—1st M., guar. p. & i. Pa. H R ..
C
U ls te r d D e la ware—Stock ($3,000,000 authorized)..

100
100
1,000
100
1,000
100
1,000
1,000
1,000
1,000
1,000
50
1,000
100
1,000
100
500 Ac.
100
1,000
1,000
1,000
1,000
1,000
1,000

Toledo A Ohio Central Extension.— Owns from M oore’s
:
Junction to Palos, Ohio. 4 ‘2 '08 in.; branches. 7■-i'2 m.; total owned
4 9 ’50 m iles; trackage (Baltim ore & Olilo So. Western) Marietta
to M oore's ju n ction , Ohio, 3*20 m. O f the first 5s $300,000 (Nos.
1 to 300) liad interest guaranteed by theT ol. & Ohio Cent. BE. Co. The
guaranteed int. o f N ov., '96, was paid b y the T. & O. O. A receiver was
appointed in Nov., 1893; receiver now is T. D. Dale, o f Marietta, Ohio.
R eceivers' certificates for $25,000 have been issued. Foreclosure suits
under three mortgages have been instit uted. J. S. Durand, 146 Broad­
way, N. Y., is aeoretary o f Marietta MineraL Ry. bondholders’ com m it­
tee. J. L. Farrell, 66 Broadway, N. Y ., is secretary o f firs t and general
mortgage committee. On July 1, 1895, capital stock was $2 ,100 ,000 ;
equipm ent obligations, $18,803; current liabilities, $68,367.

E arnings .—B
’or year ending June 30, 1896, gross, $66,466 ; net;
$1,381. In 1894-95, gross, $5 2,71 8; deficit under op eratin g ex.
ponses, $ 4 ,595 ; other income, $2,525. In 1893-4, gross, $4 9,88 1’
deficit under oper. exp., $21,337. (V. 57, p. 854, 894.)
T o l e d o P e o r i a A W e s t e r n R y .—(See Map o f P ennsylvania RR.)
—Owns from EHunr, Indiana State line, to Warsaw, 111., 220 m ile s; La
Harpe to Iowa, 111., 10 m.; jo in tly with Wabash, 1 m ile; trackage to
Peoria and Burlington, la ., 17 m.; total, 248 miles.
O r g a n i z a t i o n .— In 1894 jo in t ownership and m anagem ent by Pa.
RR . and C. B . & Q. was arranged.
STOCK AND B onds .—Stock is $4,500,000 (par $100), o f w hich $423,100 is in treasury. Abstract o f m ortgage (Charles Moran, Thomas
Denny and Cornelius B. Gold, trustees). (V. 45, p. 242.) As to votin g
p ow er on bonds see Y. 61, p. 514.
In October, 1894, coupons o f J u l y l , 1894, and Jan. 1, and July
1 ,1 8 9 5 (3 coupons), were paid $5 in cash and $15 in debenture 5 p. o.
scrip payable 10 years from Jan. 1 ,1 8 9 5 , for each coupon ; said scrip
secured by deposit o f the coupons funded. (See V. 61, p. 514.) Coupons
due Jan, 1 ,1 897 , were paid in cash on that d a te .. Bills payable (for
equipment), June 30, 1896, $297,190.
E arnings .—9 months, >1896-97....G ross, $685,428; net, $176,781
July 1 to March 31.
$ 1895-96 ...G ross, 784,784; net, 208,407
D eficit under charges, $30,248 in 1896-97; surplus, $20,422 in 1895-96.
A nndal R eport .—R ep ort fo r 1895-96 in V. 63, p. 501, sh o w e d :
Year.
Gross Earn’os. Net Revenue. Ini. <t Taxes.
Balance.
$262,638
*253,549
sur. *9,089
1895-96............$1,010,270
18 94-9 5........... _ 953,238
208,977
240,371
def.31,394
—(Y. 59, p. 29, 5 1 4 , 601, 6yr; V . 61, p. S 1 4 ; V. 63, p. 2 6 , 5 0 1 .)'
T o le d o

S t.

L o u is

A

K a n s a s C it y R R . —R oad —Owns from

Toledo to East 8t. Louis, 451 miles (61 lbs. steel); sidings, etc., 72
mles, also lias trackage to 8t. Louis and Toledo Union depots.
R e c e iv e r sh ip ,R eo rg an ization , & c.—On May 19 ,189 3, receiverw as
appointed; roeeiver is now R. B. F. Peirce. In December, 1895
$169,000 certificates w ere authorized fo r new coal cars.
First mortgage bondholders' com m ittee (address. Continental Trust
Company, N. Y.), consists o f John C. Havem eyer, H. O. Arm our, R. B.
Hartaliorne, O. T. Bannard and Morton S. Paton. In September 1895
nearly $8,000,000 bonds had been deposited with them. Certificates
o f deposit o f bonds w ere listed on N. Y. Stock E xchange in N ov., 1893.
In Oct., 1896, foreclosure was being pushed. P referred stock case
has been appealed.—See Y. 64. p. 288.
P referred stockholders’ committee: J. M. Q uigley, o f N. Y „ Halsey J.
Boardman, B oston, and Charles Ham lin, B angor, Me.— (V. 62, p. 742.)
B onds .—Tlie first m ortgage, bonds carry coupons o f June 1 ,1 8 9 3
Farmers' Loan A Trust Co. and J. E. McDonald, m ortgage trustees
A bstract o f mortgage in V. 45, p. 403. On Ju ly 1 ,1 8 9 5 , there were
$938,859 notes payable, including equipm ent contracts; current lia­
bilities. Including over due coupons, $1,669,882.
There are also purchase m oueyjudgm ent3 from previous foreclosure
amounting to $400,000, carrying interest, which are claimed to be a
lien ahead o f first m ortgage bonds. See V. 63, p. 839.
L atest E arnings .—Jan. 1 to April 7, 3*4 m onths, gross, $563,171 in
1897; $488,755 in 1896. For oalendar year la 9 6 , gross, $2 177 210
against $1,847,247 in 1895.
’ ^ 1
’
A nnual R eport .—Fiscal year ends June 30. R eport fo r 1894-95 was
in V. 61, p. 514, showing earnings as follow s :
Year.
Gross.
Net.
Interest.
Taxcs.
Balance1895-96........ $2,005,755 $442,137 $540,000 $90,000 def.$187,863
1894-95......... L819.399
•106,473
540,000
90,000 def. 223,527
1893-94........ 1,536,681
262,908
540,000
88,700 def. 365,792
N. Y. office, 44 Wall 8 t.- (V. 64, p, 4 2 ,1 8 2 , 288, 331.)
4
Ac ITCuskegon R y .- F r o m M uskegon, Mich., to
Ash ley, Mloh., 96 miles, connecting with the Toledo Ann Arbor & North
1, 1888, the Grand Trunk o f Canada purchased
the $1,600,000 stock issued, and above bonds were issued haviu " a
trattlo guarantee from that road and the Chicago & Grand Trunk. ®
Dec. 31. Gross.
Net.
Interest.
Deficit Advanced fin

•81,800
S4E
n100,252
i-m
V These sums were advanced under traffic guarantee.

vam . ^
35,959

$650,000
6 g. M. & N. M ay, ’93, coup, last pd.
850,000
See text.
5 «• M. & N.
F. A A.
600,000
5
In default.
4,895,000
j . & j . N. Y ., Third Nat. Bank.
i (?•
5
Jan. N. Y ., Farm. L. & T. Co.
219,645
11,250,000
5,805,000
166,374
5
9,000,000
6 g. J. & D. Dec. ’92, coup, last paid
938,859
1,600,000
1.649.000
j . & j . N. Y ., Office, 271 B ’way.
5
2.500.000
1.500.000
4*2 g. J. & J. N.Y., Farmers’ L ’n A Tr.
1,008,000
do
do
4*2 g. J. A J.
3,280,000
4 g. J. & D. N. Y ., Bost. A London.
250.000
3 g . J. A J. Jan., ’96, paid Feb., ’ y7
190.000
275,000 7 per an.
N. Y ., Gr. Cent. Station.
1,000,000
J. A J. All owned by Penn. R tt.
5
1,794,600
1,852,000
5 g. J. & D. N. Y ., Central T rust Co.
200,000
187,500
5 g. J . A J. N. Y ., De Coppet & Co.
60,868,500
6,475,000
6 g. J. A J. Jan.,’97, pd. M arch, ’97
1,598,000
do
do
6 g- j . & j
1,920,000
do
do
6 g. J. & J
do
do
5,999,000
6 g- J. A J.
lo
do
8,837,000
6 g. j . & j .
do
ao
2,400,000
6 g. j . & j .

M ay 1, 1915
Nov. 1, 1938
Aug. 1, 1911
July 1, 1917
1905

June 1, 1916
Monthly.
July 1, 1918
July 1,
July 1,
June
Jan. 1,
Jan. 1,

1931
1933
1
1933
1933

Jan. 2, 1912
June 1, 1928
Jan.
A pr.
Jan.
Jan.
July
Jan.
Ju ly
Jan.

2,
1,
1,
1,
1,
1,
1,
1,

1933
1884
1896
1897
1897
1898
1898
1899

T o l e d o W a l l i o i i d i n * ; V a l l e y Ac O h i o R R —Owns road in
opera cion from Toledo Junction to T oledo, O., 80 miles, and from
Loudon ville to Coshocton, O., 45 miles; trackage (Pitts. Ft. W. & 0 .),
Toledo Jet. to Mansfield, O., 7 m ile s; total, 132 miles.
L ea.se , etc .—Leased fo r net earns, to the Penn. Co., w hich Jan. 1,
1896,.owned $580,000 o f tlie stock and guarantees the bonds. The
bonds are n ot subject to call.
E a r n in g s .— F or year ending Dec. 3 1 , 1896, gross. $707,277 ; net,
$177,717 ; other incom e, $22,989 ; interest and rentals, etc., $179,851;
balance surplus for year, $20,855. In 1895, gross, $715,729.
T o r o n t o H a m i l t o n Ac B u f f a l o R R . — Road, H am ilton to
W aterford, Ont., 43 m iles, and H am ilton to W elland, 39 miles, in
operation in A pril, 1897; connects at H am ilton with Grand Trunk of
Canada and Canadian Pacific R y. (See V. 62, p. 319.) First mortgage
is for $40,000 per mile. The A m erican L oan & Trust Co. o f Boston,
S. E. P eabody and C. F. F ox are trustees o f n ew m ortgage. F or traffic
agreement with N. Y . Central, M ichigan Central, Canada Southern and
Canadian P acific [which four com panies will ow n and place in trust 70
per cent o f the capital stock], see V. 61, p. 753. (Y. 61, p. 197, 753;
Y. 62, p. 319. 871; V. 63. i). 359 )
T r a v e r s e C ity R R . — Owns road from W alton to T raverse City,
M idi., 26 miles; opened in 1872. Leased in 1883 to Grand Rapids &
Indiana RR., bu t not included in the reorganization o f th at com pany
in 1896. Capital stock is $205,000; par $100. F or year ending
Dec. 31, 1896, gross, $4 4,55 1; net, 6,893; interest on bonds, $7,5oO;
bal. d ef. fo r year, $607. President, Perry Hannah, Traverse City, Mich.
T r o y Ac G r e e n b u s l i .— Owns from T roy to A lban y, 6 miles, double
tra ck ; leased to N. Y. Central in 1851.
U l s t e r Ac D e l a w a r e R R , — Owns from R ondout (Hudson River),
N. Y. to Stamford, 74 m iles; proprietary roads leased, entire stock
ow ned. D elaware A Otsego R R ., H obart to B loom ville, 9 miles; Stony
Clove & Catskill M ountains RR . (narrow gauge), Phoenicia to Hunter,
15 miles; H obart Branch R R ., 4 m iles. Owns Kaaterskill R R ., 7 miles.
Total, 109 miles.
A nnual R e po r t .—Statem ent fo r 1895-96 w as in V. 63, p. 556.
Yrs.end. JuneSO. Gross.
Net.
Other inc. Int., taxes, etc. Bal.. sur.
1895-96..........$419,354 $104,441
$16,707
$112,370
$8,778
1894-95.......... 405,227
90,148
34,128
113,128
11,148
—(V. 59, p. 880; Y. 61, p. 3 6 4 ; V. 63, p. 5 5 6 .)
U n a c li lla V a l l e y R a i l w a y . — Owns road from B ridgewater to
New Berlin, N. Y.; 20 miles opened in July, 1895. Connects D. L. &
W. with New Berlin branch of N. Y. O. A W.
U n i o n P a c i f i c R a i l w a y . —Lines owned directly.— Main line
(form er Union P acific Railroad) Council Bluffs to Ogden and branches,
1,039 miles; form er Kansas Pacific Railw ay, Kansas City to Denver,
643 miles, and Leavenworth to Lawrence, 34 m iles; form er Denver
Pacific R ’y, D enver to Cheyenne, 106 m ile s; total owned, 1,822 miles.
The “ Union Pacific S ystem ” on January 1, 1896, comprised 4,904
m iles (same as in 1895), against 7,691 miles in 1894, the Denver L. &
G., Ore. Ry. & N av., Un. Pac. D. A G. and Ft. W orth & D enver City
lines having passed into the hands o f separate receivers.
Lines owned < controlled. Miles.
&
L ines owned < controlled. Miles
£
Union P acific..........................HI,822 St. Joseph & Grand Islan d... 251
Kansas Central........................ 165 Cent. Branch A leased lines. 388
Omaha & R epublican V al___ 482 Other small road s.................. 131
Kansas City < Om aha.........H 193
fc
U. P. Lincoln A C olorado. . . H 225
T otal M arch 1, 1897............5,087
O regon Short Line ................ 1,430
1 These properties, having securities o f their ow n held by the public,
T
are separately described in tliis S upplem ent .
A lso controlled the Central Branch Union Pacific and leased lines(388
miles) which are operated by tlie Missouri Pacific under an
agreement with Union Pacific fo r tw enty-five years from 1885.
A lso owns join tly with other com panies Montana Union, 72 miles.
Grand total, including one-half M ontana Union was 5,328 miles on
Jan. 1,1 896 , against 8,167 m iles in 1894.
In July, 1896, the Oregon Short Line, St. Joseph & Grand Island
and Kansas C ity A Omaha, included above (1,872 m iles in all), were
being separately organized, and appeared lik ely to pass permanently
out o f the system.
H is t o r y , A c .—Tliis Railway com pany was form ed b y consolidation
Jan. 24 ,188 0, o f Union Pacific RR. and Kansas Pacific and Denver
Pacific. The Union Pacific RR . was chartered July 1,1 862 .
The Kansas Pacific was organized as “ Leavenw orth Pawnee & West­
ern” in 1861; then changed to “ Union Pacific, Eastern Division,” June
6, 1863, and to “ Kansas Pacific” on March 3, 1869. The line connect­
ing the Kansas Pacific with the U nion Pacific was constructed by the
Kansas Pacific uuder a charter dated Nov. 19, 1867, and was opened
Jan. 1,1 871 . The Kansas Pacific Eastern Div. an I -the Middle Div.
bonds are designated on the bonds U nion Pacific Eastern Div., that
being the corporate title o f road in 1865-66 when bonds were issued.
R e c e iv e r sh ip .—President S. H. H. Clark, Oliver W. Mink and E
E llery Anderson were appointed receivers October 13, 1893, (V. 57
p. 639). In Novem ber Frederic R. Coudert and J. W. Doane ap
• Tilted additions) ^ecoi^ftrs. N ew Y ork office, 27 William Street.MCE Mj
'“

A p r il , 1367. J

RAILROAD

STOCKS

K A IL R O A B S .
M iles D a te Size, o r
ol
of
Par
F o r e x p la n a tio n o f colu m n h ea d in gs, A o ., s ee n otes
B oa tt B o n d s V alu e, j
o n firs t p a g e o f rabies.

AND BONDS.

135

I S T E R E S T O B D IV ID E N D S .
A m ount
Cent,

IVhen W here p a y a b le , a n d by
W hom ,
P a y a b le

A illlOi «
T
p a l,W h en D u e
Slocks—L a st
D iv id e n d .

1
Unian P a cific.—(C o n clu d ed .)
•2d m o rtga ge , c u r r e n c y (G o v e rn m e n t s u b s i d y )...
2 d m o rtg a g e cu rre n c y (G o v e rn m e n t s u b s id y )...
d m ortga ge, o u r re n cy (G o v e rn m e n t s u b s i d y ) ...
2d m o rtg a g e , e u rren ev (G o v e rn m e n t s u b s id y )...
8. F. 3d M. o n roa d (1 st o n land ) g .. s e e t e x t . . cat
Om aha b rid ge b on d s (a. t. d ra w n at lX O ),goid,e*fir
R en ew a l (sin k in g fu n d , n o t d r a w n ), g o l d ......... c
Kansas P a cific b on d s—
E ast. D iv . ‘ U. P „ E , D .” 1st > f „ $1 «,0OO p. m ., g.
Mid. D iv .“ U nion P a r., E . D .” l s t m o rt., g o l d . . .
2d m ortga ge (t o U . 8. G ov .) o n 3 9 4 m .W . M o. R.
Do
do
do
Do
do
do
Do
do
do
L e a ve n w o rth B r., 1st M. ($ 5 8 2 ,0 0 0 in t r u s t )...
Den v e r P a cific, 1st M. gold ($ 9 7 1 ,0 0 0 in t r u s t )..
K a o , F ae., D e n v e r E x te n s io n , 1 st M .. g o i d - . . c '* r
In co m e m o rtg a g e (# 2 8 3 .3 8 0 h eld in tru st)........c
Inc*m e M ., s u b ord in a ted , 5 3 ^ 9 1 ,100 held in tr.
K .P .C o n s.M ,$ 3 0 .0 0 0 .0 0 0 .1 .g r. g o ld , a o t d r 'n .c J .P a e . co lla te ra l tru s t, g o ld . «. f. d ra w n a t 1 0 5 .c*
C ollateral tru st o f 1833, g o ld , s. t n o t d r ' s , — . . .
C o lla t trusts D en . X . A G u n . ( E 3 , 2 8 0 ,0 0 0 ) , r ... . , e ‘
K an. D iv. and Cot. T r. M ., gold , red. at 110 ----- c '.t r
CoUat. trust g o lil n otes f«r& S 4 ,0 0 0 .0 0 0 ..............« * r
Equip, b o n d s Series A . i 10 d u e y e a rly i u O f t . o’
I®
Series B , i jo d u e y ea rly In A p r il—
Do
Series C. i ■„ d u e y ea rly In A p r il-----5 P le d g e d t o r V . P. C o l T r. g o ld n o te 6s o f ’ 91.

3

1 .0 3 5
1 .035
1,035
1.035
1 ,0 3 5
4
4

13G6
1X07
1 868
1 869
1373
1 871
1 385

140
254
394
3 94
394
39-1
32
106
243
661
061
T e x t.
....
.. .
325
707
....

1 86 5 s i . o o o ; 2 .0 8 2 .0 0 0
I860
1 ,0 0 0
4 .0 6 3 .0 0 0
1 865
6 4 0 .0 0 0
I8 6 0
......
1 .4 4 0 .0 0 0
1867
..........:
2 .8 0 0 .0 0 0
1368
1 .4 2 3 .0 0 0
I8 6 0
i .o o o
15.000
1 869
i.o o o
4 ,0 0 0
1 369
i.o o o
5 .8 8 7 .0 0 0
1 806
5 0 A c. |
3 0 ,4 0 0
1.80C
1 879
1 ,000
1 1 ,7 2 4 ,0 0 0
1879
1 .000
3 .5 9 3 .0 0 0
4 .6 7 7 .0 0 0
1 833
1 ,000
1339
1 ,0 0 0
2 .0 3 0 .0 0 0
1 .0 0 0 1 vg.OOO.OOO
1891
1891 1,000,4 c
8 .4 9 3 .0 0 0
1887
1 ,000
7 2 .0 0 0 1
1339
1 ,0 0 0 1
4 2 1 .0 0 0 i
1 ,0 0 0 !
d 3 0 0 .0 0 0
1890

$ 1 ,0 0 0 !
! 3 ,8 4 0 ,0 0 0
i.o o o |
1 .0 0 0 1
1 ,0 0 0 , 3 .7 3 8 .0 0 0
4200 I
1 9 4 .0 0 0
1 ,0 0 0 | 1 .0 5 0 .0 0 0

1,000

6
6
6
6

U .S. T re a s., a t m atu rity , F e b .
do
do
Jan.
do
do
Jan.
do
do
Jan.
8 g. M. A S. M ar., '9 6 , co u p , la s t p d . Sept.
8 g . A . & O. N .Y .J .P .M .& Co. & Lou. A p r.
t> g- A. A 0 . O ct., ’ 9 4 p d . N o v , 2 ,’ 94. O ct.
& A . A u g. ,’ 9 5 , p d , N o v , 1 9 /9 6
A D. D e c .,’ 9 4 , p d . N o v . 1 9 /9 6

6 «■
I 8'
6

6
6
7
7

| S
7

e g-

a g-

6 g,
4 hig'
IK
g.

M.
M.
M.
M.
M.
M.
J.
J.
MM.
F.

*
A
A
A

N. M a y, ’ 9 3 , c o u p , la s t pd .
do
do
N.
N. M a y /9 4 , p d . J u ly 1 7 /9 6
8.

A 8.
A
A
&
A
A
A
A

X.
J.
D.
X.
X.
A.
O.

N o v ./9 3 , p d .D c c .1 5 /9 3
N. Y ., U o lo u T ru st Co.
D e c ./9 G , p d . J a n . 1 1 /9 7
M a y. ’ 9 3 , c o u p , la st p d .

N .T ..J .P .M .& C o.& B ost.
B m text*
S ee te x t .
B m te x t.
& O.

& O.

1,
l r
1,
I,
1,
1,
1,

1896
1897
1898
1 899
1899
1896
1 91 5

A ug, 1 , 1895
J u n e 1, 1 8 9 6
N ov. 1, 1895
Jan. l , 1896
J a n . 1. 1 89 7
J a n . 1, 1 89 8
Jan . 1, 1896
M a y 1, 1 8 9 9
M a y i , 1 89 9
J u ly 1, 1 91 6
J i l y 1 , 1 916
M a y 1, 1 9 1 9
J u ly 1, 1 908
D ee. 1 , 1 90 7
N ov. 1, 1918
M ay 1, 1 9 2 1
See te x t.
$ 7 2 ,0 0 0 y ’ r ly .
2 1 0 ,5 0 0 y ’rly .
$ 7 4 ,0 0 0 y ’ rly .

1

F o &kclosure .—Iu January, 1897, the A ttorney General o f the

O ther C om m ittee*.—S m tit© s e v e r a l sta te m e n ts iu tills S u p p l e m e n t
f o r th e s u b sid ia r y r o a d s, O r e g o n S h o rt L in e, e tc.
D e b t t o U. B.— Interest o n th e U. S. lo a n s la n o t o b lig a to r y till th e
p rin cip a l is d u e , b u t the T h u rm a n a c t o f M a y, 1878, p r o v id e s th a t
25 p e r ce n t o f th e n e t ea rn in g s a fte r d e d u ctin g in te re s t on th e first
m o rtg a g e b o n d s an d co n stru c tio n an d e q u ip m e n t e x p e n d itu r e s
sh a ll b e a p p lie d a n n u ally t e Interest a n d s in k in g fu n d .
Total Un, P m , debt to U. 8 , w m th u s sta ted J an . 1, 1897. P rin cip a l,
$ 2 7 ,2 3 6 ,5 1 2 ; Interest a ccr u e d an d n o t paid . $ 6 8 7 ,4 9 5 ; in te re st p aid
by u n ite d S ta tes, $ 4 6 ,0 9 4 ,7 1 4 ; re p a id b y U n io n P a cific, $ 1 0 ,1 3 0 ,0 7 8 ;
b a la n c e o f in te re s t p a id b y 0 , S.» $ 2 9 ,9 6 1 ,6 6 6 . O n K a n sa s P a cific
th e re w a s d u e fo r p r in c ip a l, $ 8 ,3 0 3 ,0 0 0 ; in te re s t, $ 6 ,4 7 8 ,0 1 0 . T o ta l
amount guaranteed the G overnm ent. While the minimum bid D fixed d e b t, p rin c ip a l ana in te re s t, le ss s in k in g fu n d , a m o u n te d In 1 8 9 3 t o
at $45,754.,000 th ere 1» d e d u ctio n # fr o m tht#, lin k in g fu n d # (*m “ d e b t a b o u t # 5 2 ,0 0 0 ,0 0 0 , m a tu r in g in 1 89 5 9 0. V, 5 7 , p. 596 .
to U. 8.’* b elow ),etc,, are reducing the actual net m oney t o be paid to
O a J a n u a ry i , 1 * 9 7 , th e sm M ing f u n d f o r f7, P . debt in v e ste d in R E ,
about # 2 8 ,6 9 1 /1 3 6 . S ee V . 8 4 p 235.
a n d U.S. b o n d s (p a r value? w a s 5 1 5 2 1 5 ,2 5 0 , a n d th e c a s h u n in v e s te d
E t:oRU 4XK tTioN
p l a n , V . 6 1 , p, 7 0 i (a n d m od ifica tion * w a s $ 1 * 8 4 7 ,4 1 4 ; to ta l, $ 1 7 ,0 0 2 ,6 0 4 .
a* to ainking fund 8a and Kan. Pa c. connote in V. *14. p. 1*2 I • l#*«ied in
.
IkJNteL—O f the s in k in g f u n d 8* cine S ept. 1 ,1 8 0 3 , $ 3 ,7 3 0 ,0 0 0 w e r e
October* 1 8 9 5 , b y th e fo llo w in g c o m m it t e e : Route F it# J era ld , M a rvin
BugtilU. Chauncey M. Dcijmsw, Jacob II. Sc hi IT Oliver A m w , 2d, and T. e x te n d e d a t th e sa m e ra t e fo r s ix y e a rs . See V. 5 7 , p . 2 5 7 . T h e s e
,
b on d # c a n n o w b e d ra w n a t par. T h e y c o v e r e d , J a n . t , 1 8 9 6 , 3 ,3 0 2 ,; Jefferson Coothige, J r „ provide# fo r the form ation o f a new com pany,
j and tor the tesnance o f the
Jo# below m entioned. In October. 9 0 0 a cre s o f land, o f w h ic h 7 0 ,0 0 0 m ires a g ric u ltu ra l, 2,23*2.000 a cre s
.
1896, the comm ittee held 80 per cent o f all the bonds afloat and about g r a c in g and l,9 ft0 ,0 0 0 a cre s a rid * a lso land co n tr a c ts fo r $ 2 ,6 7 2 ,7 1 2 .
Am t o d e fa u lt in S e p t,, I s M , se e V , 6 3 , p . 4 0 7 .
94 per cent o f all the mitatandlng utock. (V. 62 ,jp. 46 2 »
O f ttx‘ 1 1 ,0 5 8 ,0 0 0 Om »hm B r i d g e ' renew ed 5 # g iv e n a b o v e as o u t
In April, 1897, the com m ittee hoped to reach a foreek>*ure sole In the
sta n d in g , # 1 4 5 ,0 0 0 a r e h e ld u n d e r th e tru st in d e n tu re o f 1-891 a n d
fall and to com plete reorganisation within a year. (V*. 64, p. 713.1
M ercantile Trust t o . o f New York, Old Colony fs322*0Oo In tre a su ry o f th e reeel v e r o n J a n , 1 ,1 8 9 5 ,
K a n sa s P a cific C^aaoia.—T h e m o rtg a g e s o u r i n g th ese b o n d s w a s la
I b w t Co- o f Howton, Hank o f M ouim al o f L on d on ; Aw*ler»taaMciK?
V , 58, p, f)S8. se e al#o e d ito r ia ls In V , 5 8 , p. 9 0 5 , a n d V. 5 9 , j>. 8 .
f Bank o f Am sterdam ; ftetiteeho Vervinabntsit o f FranSt f oft*#a-Mate.
T h e U nion P a cific eotPsterai trust fit a n d 5s a rc S c o r e d b y d e p o s it In
Securities Per original plan, but m note IT below.
em
tru s t o f b ra n ch lin e b o n d s, p e e lift* V , 5 0 , p . 102.1 V. 6 3 , p* 117,
: Com m on s t o c k . .
,
,
„
«
,
.
jfftl,0OO,OOO
O f the 6 l $ A 3 0 ,0 0 0 m tiaM rat tru st gobs nates w h ic h w ere las a id
Of which to go to old •took on paym ent o f aaoemsment..
gw, <» > In A u gu st, 1891, t o fu n d n o a tin g d e b t $ 7 ,1 0 0 ,0 0 0 b ad b e e n re tire d
<.•
Four per cent noo-ettmulaUve p referred d o c k ..................... 75,000,000 th rm igh iwde o f co lla te r a l prior- to J u ly 2 4 ,1 8 0 3 , S ee lis t o f c o lla te r a l
O f Which fo r p u rp ose* » t rmmrnmt m u o n
.........
#7,o j A « f o r these n o te s o n D ee. 3 1 , 1895. in V. 6 3, p. 1117, a n d a b s tr a c t o f
F o r e q u ip m e n t© n ilg a i Iona* Ac . .................... ...
trust- d eed la y . 53,. p, 038-531* A ls o s e e p la n o f re a d ju s t m e n t a i o r t .
For settlement o f debt to United m ate*. A r ,
.......
so.JS& too
e,
C o C ffiS P k tu k W T b ,—T h e la st c o t p o a o f e a ch lo a n p a id is m fo llo w s :
First m o rtg a g e ra ilw a y au d la n d g ra n t 5 0 -yea r 4 p e r ce n t
C oupon*
When, d u e. ’
W h en p a id .
gold ©mute* t o b e d a ted Jan , 1, 1 897, Internet JA -I,
K. P. m m m t
. . . . . . . . . . . . . . . . . . . . . . . .N o v ., 1 893
D e c. 15, 1,893
$\60*000,000, b u t th e c o m m itte e u n d er d a te o f Jan .
Kaitime P a cific, D e n v e r e x te rn O s ........... .M a y , 1894*
J u ly 1 7, 1 80 6
26, 1897, mtmowtimd i t# intention: o f lim iting tht*
K ea rn ey h B. H. 1 s t , . , . , . . . . . . . .................. N o v ., 1 8 9 3
e.
D e c , 15. 1 89 3
..................
•
K. P , M iddle D iv. Bm,. . . . . . . . . . . . . . . . . . . . .. .D e c ., I s te p
N o v . 1 9 ,1 8 9 6
O f w hich f o r o ld b on d * t o h o nr d i ml , . . . ,
„ .,,..
C entral B ra n ch 7 s .................................*.........N ov ., 1893
Jan , 2 2 , 1804
[S ubject to m od ifica tion o f a llo tm e n t to Junior • eeu n A Ich . A P ike’ s P eak 6 s , . ....................... . . . . . N o v . , 1 89 3
J an . 2 2 , 1 80 4
tlee« a o ta h ly
fu n d § # an d 1C P. coto»ol.*.|
*
K an. P*gfc» E a e te m D iv ., 1st M. 6 # , ..... ....A ug., 4805*
Nov. 10, 1 890
Balance reserved for •ettlemcnt o f «lovernrnent debt, A c .. Not flt e l.
O m a h a B rid ge re n e w a l 5 * ......... ..
.O ct,, 1894*
N o v . 2 , 1 804
Cdd '%e.$iirihc» t o cimmints o / # 1 .9 0 0 hoatf .
W%H receive**do
' s in k in g futid 8 » .. . . . . . . . . . A p h , 1896*
A t m a tu rity ,
$t<X) 9$tfrck~~
1#
V . P. first IU ..................................................J a n . 1 8 9 7
M arch , 1897
Union P acific d e b t—
Mmfs.
-4s,
j IT. P, c o l l fr. g o ld n o te s o f 1 8 9 1 . . F e b ,l f 1 89 7
A t m a tu r ity ,
.
,# 1 ,900
lid WMIM te 6*. - ................ .
fSM
f If, P. coU aterai trust 5s o f 1 8 8 3 . . . . . . . . . . D ec, 1 8 9 0
J an . 1 1 , 1 8 9 7
Siaklfu? fun d a . . ................. .
11,000
. I’750
l D. L, & Q . co lla te r a l tru st 4% *.
.'May, 1803
h a st p a id ,
lirtdite # . ... .........
599
, 1,09*,»
f ITtifoii P a cific c o l l tr. 0 « o f 8 7 9 . . . . . . . ..J a n , 1 ,1 8 9 7
A t m a tu rity ,
0l&|jjii B r id fc re n e w a l 5*.
259
.. 1,090
| U. P . sin k in g fu n d 3*1 m o rtg a g e 8 * . . . . - ..M a r ., %§06
L a st p aid .
Kanama P acific Div).*sternal \m%6:» .......
LO W
soo
I K qnlp,h h J i , f i tC ,l a i a o 4 tn sta l't (to d a te lO e t, 1 ,1 8 9 6
h o e . , 189 6
fkmmb
___ .
f 1,100
w soo
Kaauiaa D lvhJon am l muMm^at Bm.
500
* in N ov., IB9 5 , a ll pa st-d u e c o u p o n * p e rta in in g to th e U n io n P a c lflo
JRstgniea'a o f oid- iinmtm.
8€»0
AOO
a ad the K m w m P acific tnaia line first m o r tg a g e b on d * w ere ca sh ed b y
i’ t 4t,5 per share..
• Union Pa<i *tock m
$100 i the E e o rg a n U h tlo a C om m ittee u p on d e p o s it o f the b o n d s th erew ith ,
|
15
jmiion ¥&ictA© ite m, V, m , ■P* -*24% A ^ aitered in I s mfi mm 1
) and certfilea tes fo r c o m p ou n d In ten*-* t o n the o v e r d u e c o u p o n s w ere
A^wstffitnt o f ftitrrreM—*
Inter*
in default on Haul Ut Jan, 1»1 807, o n jj issued.. In D ec., 1895, th e C o m m itte e a ls o a g re e d to pttr*di«»e o v e r d u e
,
m
l V+ P. l i t m a n d nil k . i\ 1st B t# b e psld 1n &mh m * it. matMfws; Hie j O m aha B rid ge ren ew al co u p o n * on b o n d s d e p osited . See also p lan a b o v e .
|
dlfterence in rate r j per es*nti bidwe#*tl n)4 !„ end Mirnsmtervd ami new ] L a no 0 U an t ,-~ Igm ds im soid o n the se v e ra l d iv is io n s am -nutted J a n . 1 ,
1
: bond l» t o hr
!.t«ialitrlt;y ot th*f old ban.*1 by a cash p a y -! 180#, te 6 ,4 7 3 ,0 0 0 oere*, v a lu e d a ! $10,■153,250. and p led ged to seotire
i m ortgages n* show ti above*. O f these, 1 ,0 0 0,00 0 a cres w ere a rid , 8 2 3 ,: want at the time thei ne w : miids? are inetted.
t
!
1
-A isyndbrate w it1 fnrrdnh the M i E Of $ t o . ( 00O a gricu ltu ra l a n d 4 .0 5 0 ,0 0 0 g r a c in g la n d s, in th e ye a r 1895 gro ss
099,600 f o r p ureh’tT « f #
and they m ay be railed fifidh I f ; sales w ere 158,408 m tm tar $290,712; cancellation* of sales o f pre!
m
■
nee^Nuiaary t o i Br r e o» the i tnon fit In SI 5.000V000, At-.other <
®
>f«ulV»te. i v1mm yea rs w e r e 108,774 a cres fo r $ 1 4 9 ,1 0 0 T o t a l land oontritete
M
o f the sam e person. n«i, It t* M ated. M fit i» 1
ti
last, gnat
the m-i t.6- |otttMtondtnff JiMSOaff 1,1.896, $#,0-12,044. See V* 02, p. 81$.
Pfi* a 3K’ k# A c ,—K a o . f t e , *' E astern W f / ’ On tar $ 2 ,2 4 0 ,0 0 0 , w h ich
l
;tnuM bid o f ;# l* ,75 : m ite iihe tie*v«*.rnu*#ht
ijv
0 S . Tvnsi fji-jt o f ! t i , M >djhuttsm ti m m .- - J . P M
m
et
tm
<wrgfiri At Co, plan ! m atured A u g , 3 ,1 8 0 5 , a n d V . P. 1st 0§ f o r $ 6*475,000, w hich fe ll d u e
!
:« f A pril, 1 89 7 , p rosd # mi. t
a
t*
ihmng■ of a .i # pe r cent ev rtiticutes, I Jan . 1, 1896, a lso $ 1 ,5 9 8 .0 0 0 first 0 « d n o J a n . 1. 1697, a n d O m aha
!dollar fo r d olla r, fotf new *3p
t#
5
:
■
i-ir trust . The old | B rid ge 6s d o e A p r il l , 1896, and a lso $ 4 ,3 2 9 ,0 0 0 secon d m o rtg a g e
i
note* %i|! be o*ed f e r the Pv‘itp & § 0 atf tm m U Ida# the l>fr»en!- trust and ; o.fov crfim en t Item 08 d u e F eb , 1, I 8 6 0 , m id # 3 ,8 4 0 ,0 0 0 due J an . 1,
j
o f parcha«irise the a itlater
d tb«irwmtiet., so far a* deem Cdadvte- ! 1 897, w e r e n o t paid.
j
-For- 2 m on th s e n d in g F e b . 2 8 , o n 5 ,0 8 7 a v e ra g e
able. Old f«srt i fjrjKt m b«!«ter
wratra If* mm t ’# n t In p refrrw d | L a t r s t KARXfftus.—
3 ,0 8
sfock o f s e w U nion fhuUfic t
when .1
|
mmdu- u bjr r Ob. t, ISW f» t b « w I m ites o p e r a te d in 1807, aga in st E arn 5 in 1896. *
m gs,—->
-— flrons
ings.------ “Jfe# A’drd in g s.*h »ll n o t Umn Heel!
tin i i d l t i o t i t o s » ld p r e - ,
u u j in
r
. . „ , r,.,
1897,
1896.
1.807.
lin o .
ferre*l
e u oa l to the pur “
, . Jr’ n - J,*® TV*. 2 3.
the i mw .-rrtn t.-a t... w ith l o t v f . !
$528,,3 5 3
,9 6 2 .7 9 #
$ 6 1 4 ,6 2 7
cm e d to that d a te, then all the
II. . .h a il ....
;»)[.! till' f>n.- Lnlrtn P aotfic Ky..
6 2 2 .0 5 5
322,.3HH
752.776
7 5 0 .2 8 3
-eeda, to the n e c e ss a r y # x te n t. s
•ap K l tow «nrh p*roii’nt.
p iN
,ir<i
15, 470
186,895
96*526
7 0 ,9 7 8
iThti p lan has b een u n d e rw rtu o n and t o)J«t « o f oiil cortlflcat*** • > <tv- 44. So. A Grand 1,1 d .
•
rilten.
1)6,810
34,,322
271*852
2 2 1 ,0 6 6
*W hg m av sell their note* t*» ti» *yn* liiM to at p a r. Tito M-w.ro Coro
A u ° * W » U a «»...........
to the
m tttee has en d orsed the plan* The n ew U n ion P a cific w ill h a ve the ‘
Tot.**tJn. Pac.8y«.'y
$ 90 1 , 532
,9 6 0 ,6 71 $1,1.52,468
futvtiege o f buy lose the ec Ilmteral, lit co n s ld e m lio ti fo r tii# p r e fe rr e d
0 4 /7 9 0
26, 70 ?
1 16 /29 1
169,077
*t#c3k allotm en t, but w ill r.
__
n fwpottsfhte in any way fo r then©""r [ Oeat. Br. A i ’ se-d lines
certificates.
f It t e x t o f new a gtfteiu eiit in V. 6 4, p . 5 6 7
U rand total o f all . $ 3 ,8 0 8 ,1 4 0 # 3 ,0 4 8 ,9 6 2 $ 1 ,2 1 6 ,2 3 8
$ 948,321
B fn eer iemdwtit* <t Bn n nim*n. —S ee sep a ra te statem ent- fu r this C o.
O n b asis o f 5 ,0 8 5 m ites e a ch y e a r, e a rn lu g s h a v e b e e n ;
B m eer MMmsPm C om m ittee
o f II. U T h ortieJ L <h J , W e u te r,
12 months.,
f 1 8 9 0 ........
D ross, $ 2 2 ,9 3 9 ,6 7 0 ; net, $ 8 ,3 1 9 ,4 0 8
*nd ft. C, M artla. Y. d o , p. 5 2 J.
J a n . 1 to D e e ,31, $ 18 * 5 .
............. G ross, 2 2 ,2 7 3 ,5 4 8 ; n e t, 8 ,3 3 1 ,4 9 5
o m Trust 5t n f I s sn —F." 8. B *ng-. H o w la n d D a v is and W , E . O ly n ;
irpodtary* State T ru st O . , N. Y . (V . 6 4, p . $$$.»
A x n v x h H firoK T .— F iscal y e a r e n d s D ee. 31. Anttixal m e e tin g In B o s ­
Colt. Trust 6« o f 187'*— H ow la n d D avis, 5 .Yassan S treet. V*>w Y ork; ton la st W ed n esd a y In A p ril, R e p o rt f o r 1.805 was g iv e n *ti CuftONtemnel Carr. Amp- Bonding. Boston. M » m .. and William E. Olyn; : fCLF,. V. 0 2 . p . 8 1 8 , s h o w in g resu lts as fo llo w s on ail lin es o p e r a t e d
tepoittary. U nion T rtisf €*»., N. Y. (V . 61, p. 713 .)
| b y the re c e iv e rs , co m p a re d w ith resu lts fo r sa m e lin es iu 1894.
U nited S ta le* e n tered In to an a g re e m e n t wilt* the F itx g o r a ld w r *
g&nMafcton. c o m m itte e f o r th e fo r e c lo s u r e sale o f thin p r o p e r ty u n d er
'both um first m ortgage' a n d the G o v e rn m e n t lien , a s y n d ic a t e gu arau tealiueio th e G o v e r n m e a l as a m in im u m p rice #-15.754,000. T h is Is,
togeth er w ith # 2 0 .6 2 9 ,0 8 0 h e r e to fo r e p a id b y th e c o m p a n y b y fm n s p otta tlon and ca s h , e q u iv a le n t to th e p rin c ip a l o f th e s u b sid y b o n d t
with in terest a t • .per ce n t fro m th e ir lueue. Tim G o v e rn m e n t’^ rela%
lions t o the p r o p e r ty w ill b e term in a ted a t the fotwsicwmre .sale.
ffo jffe a e n ta tires o f th e G o v e r a m e a t have b een a d m itte d m p a rties to
the foreclosure. a o i6 an d th e r e o r g a n lx a tio n co m m it t e e h m d e p o s it e d
HJOO.OOO w ith th e U nlte«l S tates t t u a t t e . , b e in g
p e r c e n t o f the

10

8

8

1

6

4

-1

136

INVESTORS’

SUPPLEMENT.

|Vol , LX1V.

Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Tables.

Bonds— Print—
INTEREST OR DIVIDENDS.
Miles Date Size, or
pal,W hen D ue.
Am ount
of
Par
Rate per When Where Payable, and by Stocks—Last
of
F or explanation o f colum n headings, Ac., see notes
Outstanding
Road. Bonds Value.
Cent. Payable
Whom.
on first page o f tables.
Dividend.
__________________ R AILKOAD8._____________

$100 $33,837,093
U nion Pacific Denver if Gulf—Stock for $36,000,000
1,000
4,788,000
7
J. A J. .Tan., ’ 97, n ot pd. Jan. 1
Colorado C ent lBt M „ L aS alleto Julesburg, Ac.o 271 1879
1,000
721,000
5 g. M. & N. May, ’93, coup, last pd.
Denv. Tex. A F t Worth 1st M. ($20,000 p.ni.)g.o* 165 1887
1,032,000
138 1887 1,000&C
5 g. A. & O. Oct., ’ 93, coup, last pd.
Denver Texas A Gulf IstM . ($20,000 p. m.)g..0Ar
1,000 15,801,000
5 g. J. A D. June, ’93, coup, last pd.
ll.P . Den. A Gulf con. M.. gold, sub. to call at 105.0' 876 1890
F t Worth A Denver City—See that company.
2.309,800
Union Pacific Lincoln rf Colorado—Stock.................
1,000
4,380,000
5 g. A. A 0. Oct., ’93, coup, last pd.
I stM . ($20,000 per mile), gold, guaranteed---- o* 225 1888
100
21,240,400 10 p. an. Q .- J . Phila. and N.Y., Offices.
United N. J. HR. < Canal Co.—Stock, 10 p. o. guar..
e
'73-’76 1,000
5,669,000
do
do
6 g. M. & S.
Gen. M. o f 1 loans o f 1901, g old ............................c
1,000
841,000
1878
6 g. M. & 8.
do
do
’71 (now I loan o f 1908, gold ............................. r
1,000
1883
1,824,000
4 g. F. A A.
do
do
lstin ort.) lloan o f 1923, gold.............................. r
3 1
1,000
6,020,000
4 g. M. & S.
do
do
seo’ resall loan o f 1929, gold ......................... cAr f® ° 1889
1,000
1894
5,646,000
4 g. M. & 8. N.Y..N. Bk.Com. A Phil.
equally
I loan o f 1944, g old ...............................
___
100
4,000,000 6 per an. M. & N. N. Y ., Del. L. A W. RR.
97
UtieaChen. itSusg. FaL—Stock,6 p.c.gu .byD .L .A W
100
....
849,285 See text. F & A 1 0 Utica, N. Yr„ On. N. Bk.
Utica Clinton A Binghamton—S to ck ..........................
1,000
800,000
31 1889
J. & J. N. Y ., Security &Tr. Co.
5
1st mortgage, guar, by D. A H . ............................. c
100
12
750,000 5 per an. J. A J. N. Y ., Del. Lack. & West.
Valley (N. ¥ .)—Stock, 5 p. c. guar, by D. L. A W ...
12 1881
400,000
5
F A A.
do
do
1st mortgage (for $500,000)......................................
1,000
62 1881
750,000
6
A. & O. N. Y .. Merc. Tr. A Balt.
Valley (V irginia)—1st M., $1,000,000, see t e x t ....o
1893
400,000
5
M. A S.
Velasco Terminal Ry.—1st m ortgage, $800,000.......
In default.

Tear ending Dee. 31—
Average miles operated..............................
Earnings—
Passengers....................
Freight............................................................
Mail, express, e tc..........................................
Car service and sw itching.........................
M iscellaneous................................................

1895.
4,904

1894.
4,904

Ju ly
Nov.
A pr.
Deo.

1,
1,
1,
1,

1909
1937
1937
1939

Apr. 1, 1918
Jn. 10 ’ 97,2%%
Mch. 1, 1901
Sept. 1, 1908
Feb. 1, 1923
Sept. 1, 1929
Mch. 1, 1944
N ov., 1896
Text.
July 1. 1939
Jan. ’97,2t2%
Aug. 1, 1911
Oct. 1. 1921
Aug. 1, 1943

Tear ending Dec. 31.
1896.
1895.
1894.
Gross earnings...............................$3,101,716 $3,091,486
$2,847,055
$608,208
$619,297
$445,988
N etearn in g s.............................
$3,845,948
$3,790,776 A dd Income from invest’ s. A c.
21,393
24,876
22,583
15,151,311
15,761,867
From incom e fo r 1896 ($629,601) the receiver p aid interest on Coi.
1,968,894
1,955,740 Central bonds, $3 35,1 60; on receiv er’s certificates, $16,703 ; rentals,
211,280
309.445 $14,447, leavin g balance, surplus, $263,291.—(V. 61, p. 7 1 0 ,8 3 1 ,1 0 6 6
551,558
621,974 11 56; V. 62, p. 366, 5 4 5 , 1140; V. 64, p. 5 6 4 .)
Pacific Lincoln Sc Colorado,—Owns from Salina to
Total gross earnings............................. $21,728,991
$22,439,802 juUnion with the Kansas Pac. Ry. at Oakley, Kan., 225 m iles. The
nction
N etearnings.................................................. $7,151,158
$5,603,007 bonds were guaranteed by Union P ac., by endorsem ent; trustee of
Cent. Branch (Jn. Pao. net earnings......... def.$24,607
$46,988 m ortgage is tiie A m erican Loan A Trust Co. o f Boston. Union Paciflo
53,665
30,426 owns all the stock e x cept w bat is held by certain counties in Kansas.
Montana Union net (*2)..............................
Incom e from investm ents..........................
212,476
473,494
Protective Committee Charles E. C otting (chairm an), Charles S.
Interest on coll, trust 6 per cent b on ds..
327,300
110,160 Tuckerman, James Jackson and W illiam E. Glyn; depositaries, Guar­
Interest on sinking fund 8 p. c. b o n d s ...
298,400
149,200 anty Trust Co., N. Y ., or Old C olony Trust Co.. B oston .—Y. 64. p. 713
Interest on U. P. 5 s .....................................
350,775
.............
F or year ending June 3 0 ,1 8 9 6 , gross, $161,690, against $189,348 in
Interest on U. P. trust notes....................
554,315
.........95; net. $27,329. against $58,312 in 1894-5. Current liabilities
18
Miscellaneous land sales.............................
def.13,762
12.046 June 30, 1896, $ 6 86,7 16; casb assets, $ 2 5 ,4 9 1 ; cost o f equipment,
Miscellaneous.................................................
7,382
25,216 $614,125.—Y. 64, p. 713.
’
Union Terminal.—
See K ansas C it t S u bu rban B e l t .
Total receipts.......................................... $8,917,102
$6,450,537
United New Jersey Railroad & Canal Co.—
(See map Penn
Interest on bon ds........................................
$8,271,627
$8,383,282
Sinking funds...............................................
768,597
752,551 svlvania R. R.) Controls an im portant system o f roads in Northern
M iscellaneous................................................
88,354
609 N. J „ having a four-tracked line from N. Y. to Philadelphia, also a
Profit and loss...............................................
13,813
9,699 line Perth A m boy to Camden, opposite Philadelphia, and branches to
L ong Branch, Berkeley, etc., N. J., and to M anunka Chunk, Pa. Total
Total disbursements............................. $9,142,391
$9,146,141 mileage 450 miles. The principal lines ow ned d irectly are Jersey City
B alan ce........................................................... def.225,289
def.2,695,604 to Trenton, 56 m iles (four tracks), and from Camden to South Amboy,
United States requirem ents........................
1,289,031
1,261,716 61 miles, of which 26 double t r a c k ; 9 branches, 29 m ile s; total (owned
directly) 146 miles. A lso owns the Delaware A R aritan Canal, 66 miles.
Balance, deficit........................................... d ef.$l,5 14,3 20
$3,957,320 Philadelphia A Trenton and the B elvidere Delaw are—which see - are
—(V. 63, p. 1011, 1065, 1114, 1116, 1158; V. 64, p. 42, 85, 136, 182, principal leased lines.
235, 288, 331,424, 472, 567, 665, 713, 758.)
Lease Leased in June, 1871, to the Pennsylvania Railroad for 999
.—
U n io n
P a c i f i c D e n v e r & G u l f .—This com pany’s road years, at a rental o f 10 per cent on the stock, besides interest on bonds.
B onds .—The general m ortgage o f 1871 is fo r $20,000,000 (trustee,
•extends from Cheyenne, Wy., to Orin Junction, 154 miles; Denver
to Bessemer Junction, Col,, 128 m iles; Trinidad, Col., to Texas State Fidelity Insurance Trust A Safe Dep. Co. o f Philadelphia), and secures
Dine, Tex., 135 miles; La Salle, Col., to Julesburg, 151 miles; branches equally all the bonds in the table, though issued at different dates.
189 miles o f which narrow gauge), 332 miles; total, 900 miles. Of this Sinking funds Deo. 3 1 ,1 8 9 3 , held securities fo r $2,576,540 in Jan.,
track 105 miles are 35-56-pound iron rails, 67 miles o f 69-75-pound 1894, $5,646,000 gold 4s were issued to take up the sterling and cur­
etccl rails; balance. 40 to 60-pound steel. Track age, Den ver A Eio rency bonds falling due iu March and October, 1894. Speoial bonds
Grande, Pueblo to Walsenburg, 58 miles, and branches, 16 miles. Con­ and m ortgages outstanding D ec. 3 1 ,1 8 9 5 , $608,143.
trol led Fort Worth A I>«n ver City R R .. Texline, Texas,to F ort W orth, 455
E arnings .—F or year codin g Deo. 3 1 ,1 8 9 6 , gross, $18,272,558; net,
■miles, and Pan-Handle it. lroad, 15 miles, making a grand total in $4,723,144; other incom e, *320,435; interest, rentals, ete., $ 1,604,155;
system o f 1,478 miles.
balance, surplus fo r year, $439,424. In 1895, gross, $18,648,271; net,
O rganization .—This was a consolidation in April. 1890, o f the $4,740,604. In 1894 gross, $17,733,943; net, $4,796,786, against
■Colorado Central, Den ver Texas A Fort Worth and several Union Pacific $3,986,608 in 1893; other incom e, $526,011. Net loss to lessee in
lines. It was controlled aud operated under traflie contract by the 1885, $1 59,4 96; in 1886, $ 1 79,0 16; in 1887, $2 27,9 91; m 1888,
Union Pacific. See V. 49, p. 720.
$160,501; in 1889, $138.7X2; in 1890, $ 3 96,8 85; in 1891, $276,455;
In Deo., 1894, the Court held the rental ($185,000) paid to Den­ in 1892, $299,198 ; in 1893, $194,529. Net profit in 1890, $396,895;
ver A M o Grande to be exorbitant and in May, 1895, a new arr .nge- in 1894. $6 79,4 61; in 1895, $ 7 27,6 94; in 1896, $439,424. (V. 58, p.
m ent w as made for trackage from Pueblo to W alsnilm rg, 58 miles (for 179, 636, 816.)
$85,000 per annum) ami $300,000 receivers’ certificates w ere sold to
U t a h C e n t r a l R y . —Salt Lake City to P ark City, Utah, 32 miles.
build a new liue from Walsenburg to Trinidad, 40 miles. (See V. 59. n Sold in foreclosure in A pril, 1897—see V. 64, p. 713.
1105; V. 60, p .2 4 0 .)
Utica Chenango Sc Susquehanna Valley.—
Owns from Utica,
R eceiversh ip .—Bondholders’ comm ittee, G. M. Dodge, Geo. M P u ll­ N.Y., to Greene, N. Y ., 75 m ile s; branch to Richfield Springs, 22 miles;
man, Uriah Herrmann, Oliver Ames, H. Walters and Henry Lewis. total, 97 miles. R oad opened October, 1872. Leased to Delaware
V. 57, p .809 . Mr Frank Trumbull was appointed separate receiver Lackawanna & Western at 6 per cent on stook. Has no bonded debt.
In Dec., 1893; see V. 59. p .7 8 3 The last o f the $300,000 receiver’s
U t ic a C l i n t o n Sc B i n g h a m t o n , —Owns from Utica, N. Y., to
certificates were paid off early in 1897.—(V. 64, p. 564.)
T>-nver Texas
did/ and Denver Texas < Ft. Worth Committee.— Randallvilie, N. Y ., 31 miles. Leased during continuance o f charter
f:
Henry B. Ely, R. H. Thomas, W. B. Dickerman and M. L. Scndder- and renewals thereof to D elaware A Hudson Canal Company, whioh
pays rental o f $61,500 per annum. Operated by the New York Ontario
depositary, N, Y. Security & Trust Co., N. Y .—(V. 61, p. 710).
A Western. The street lines owned by the com pany are leased to Utloa
D efault ,—T he last coupon paid on each loan is shown in table above. Belt Line Street R ailroad Company fo r $15,000 per annum. Capital
Stock .—Capital authorized $36,000,000, o f which $32,786,982 had stock, $849,285 (par $100), o f wliiob city o f Utica holds $200,000. with
been issued on Oct. 12.1893, $13,251,882 o f this being owned by the interest guaranteed by D. & H. Canal Co. at 5 per cent per annum ; the
Onion Pacific Company and $3,406,800 by the com pany itself. In ad­ balance pays 4 per cent.
dition the stock o f constituent companies outstanding on October 12
V a l l e y (N . V . ) R a i l r o a d . —Owns from Binghamton, N. Y.. to
1893, amounted to $1,050,111. In the table above the stock is given State Line o f Penn., 12 miles. Opened Ootober, 1871. Leased to
as reported by the com pany on Oet. 12.1893. ThoN. Y. Stock Exchange Delaware Lackawanna A Western at 5 per cent per annum on stook,
in A pril. 1897, gave the stock as $31,151,700. The com pany holds the lessee assuming the interest on bonds.
in its treasury $7,766,000 o f the com m on stock o f $9,375,000 o f the
Valley (Ohio).—
See C lev elan d T e r m in a l A V a l l e y RR.
Fort Worth A Denver City Railway Co., which see.
V a l l e y ( V i r g i n i a ) . —Owns from H arrisonburg to Lexington, Va., 62
B onds .—Consols are indorsod with the U. P. guaranty o f In­
terest. See V. 56, p. 696. Abstract o f m ortgage V. 51, p. 244 The miles. B y this and connecting lines under Baltimore A Ohio control,
total Issue o f Denver Texas A Ft. Worth bonds is $4,575,000, and of the distance from Lexington is 243 miles to B altim ore and 217 miles
$3,000,000; the balance o f the issues, to Washington. Stook is authorized to the amount o f $3,200,000;
$3,854,000 and $1,968,000 respectively, being held for the U. P. Den­ outstanding, $2,712,200 (par, $100). Of the bonds $113,000 are guar­
ver < Gulf consols. The Union Pacific report for 1893 gave consols anteed b y the B. A O. In year ending June 30,1896, gross, $112,167;
fc
fo r $15.801.000 outstanding, o f which the U. P. held $7,33^,000 and the net, $18,842; interest, $45,000; taxes, $2,612; balance, def., $28,800.
*826,000. Coupons in default Dee. 3 1,1894, a^groo-ated In 1894-95, gross, $96,374; net, $7,931. In 1893-94, gross, $111,839;
$1.297,650. In N ov., 1896, all past-due Colorado Central 1st m m tg ale net, $16,449.
coupons had been paid; Jan.. 1897, coupons were not paid when d ue?
V e l a s c o T e r m i n a l R y , —R oad from Chenango Junction to Vel­
E arnings .—2 months, >1897........... Gross, $483,632; net, $154,529 asco, T ex., 20 m iles. Chartered in 1891. Stook (authorized $600,000)
issued $343,100; par, $100. First m ort. bonds outstanding, $400,000.
Jun. 1 to Feb. 28.
j 1896........... Gross, 447,150; net,
88,770
F or year ending June 30 ,189 5, gross, $30,389; defioit under operat­
1
I^K' ' ? IlT-_ ,R,fl„
port for 1896 was in v . 64, p .5 6 5 . During ing $14,003. Charges, not paid, $21,013. Bal., deficit, $35,016. In
tU r0ad a“ d 84 * > ^ e s , causing S 1893-4 gross, $10,345; deficit under operating, $5,173; interest on
<!
bonds and Int. & Gt. Nor. judgment, etc., $18,920. not paid,;

RAILROAD STOCKS AND BONDS,

A p r i l , 1897.]

187

S a b s e r lb e r s w i l l c o n fe r a g r e a t f a v o r b y g i v in g I m m e d ia te n o tie e o f a n y e r r o r d is c o v e r e d In th e se T a b le s .
R A IL R O A D S .
M iles ■ D a te
F o r e x p la n a tio n o f co lu m n h ea d in gs, A c., see n o te s
of j of
o n first p a g e o f tables.
R o a d B on d s V a lu e.

B onds—P r in c i­
IN T E R E S T O R D IV ID E N D S .
p a l, W h n D u e.
A m ount
R a te p e r W hen W here P a y a b le , a n d b y Stocks—L a st
O u tstan d in g
Cent.
P a y a b le
W hom .
D iv id en d .

.1

6

Vermont <f M ass.—S tock , p . c . gu ar, b y F itch b u rg
59
Bond*, n o t m o rtg a g e (gu ar, b y F itch b u rg R R .).o "
Vermont Valley o f 1 371—S to c k .......................................
21
1st ML. w ith $ 5 0 0 ,0 0 0 Sul, Co. R R . s to c k as c o l .. o '
24
Vicks. Shreeep. <f P a cific— P rio r lie n m o rt., g o ld , . o '
188
la * m o rtga ge , gold , see t e x t . . . ................................o '
188
3>i m o rtg a g e and 1 st m o rtg a g e o n la n d , g o ld . . . o '
188
In com e b o n d s ....................................................................
In com e bom la , n o n -c u m ................................................
fa . M idland— 1st s e r „ 1st.i t . A Jex.to G o rd o n sv .A b r
97
5 1 ,2 d series, 1st m o r e , C hariot, to L y n ch ., 6 0 m .)i 157
3d series, 2 d lie u on 6 0 m iles: 3d o n 0 7 m ile s .. .
157
4 th series, 4 p e r c e n t till M a rch 1 ,1 9 0 1 ...............
157
5th series, 1st o n 115 mtlea
272
th s e rie s .................................. ■ ■ ■ ■ ■ ■ ■ ■
75
S e a . m ost., f l 2 . 5 0 0 .0 0 0 ............................................ e*
347
C hartotev. A R ap id . {Feed) at M .. s. f. ,d r 'n a t lOO.o*
28
F ranklin A P itts y lv a n ia (leased ) 1 st m o rtg a g e
31
Virginia J Truekee—S tock
52
Wabash R R .—St. C harles B rid g e 1 st m o rt., g o ld , . o '
2 4 m o r tg a g e ...................... .........................................
W abash 1st m ortg a g e, g o ld , i$ 3 4 ,0 0 0 ,0 0 0 )____o ' 1.54;
d m o rtg a g e , g o ld .......................................... ........... c 1,012
D eb. m o rt.,In c., n o n -cu m .,se rie s A , r e d . at par. 1.545
D o. d o. m e., n on -cu m ., series B , red. at p a r .. 1.545
D e l * C hic. E x te n , 1st M ., gold , red. at 1 1 0 .o '
150

i
:
I
;
i
I

1
;
1
.

6

i
i

1

1

1 000000

1.000
1.000
1,000
1,000

100 Ac.

100 A c.
100 A c.
100 ice.

8 0 0 ,0 0 0
1 .3 2 3 .0 0 0
4 .0 0 0 .
000
1 .8 2 2 ,3 7 5
1 2 7 .0 0 0
4 9 4 .8 6 0
6 0 0 .0 0 0
1 .9 0 0 .0 0 0

88

B a it.,M d .,S . D . A T r.C o .
do
do
do
do
do
do
do
do
do
do
N. Y ., J . P. M o rg a n & Co.
P h fla . T r. A S a fe D ep os,
ST. Y ., J . P . M o r g a n A Co.

1.100.000

9 5 0 .0 0 0
1 .7 7 5 .0 0 0
1.33 0 ,0 0 0
4 .8 5 9 .0 0 0
3 7 9 ,3 0 0
7 4 ,5 0 0
5 .0 0 0 .
000

1 0 0 A c.
:

B o a t.,5 3 D e v o n s h ire St,
B o sto n , F itc h b u r g R R .
B e llo w s F a lls.
B o sto n , S. D e p . A T r.C o.
N . Y ., C en tra l T ru st Co.
N. Y „ F arm . L. A T r. Co.
J u ly , ’ , c o u p , la st p ’ d.

1,000

1,000

1 0 0 A c.

100

1 878
1.000 ; 1.000. 000
1 87 8 iSOO A c.
3 8 8 ,5 0 0
1 88 9 ■ i.ooo ! 3 1 .0 6 4 .0 0 0
1 8 8 8 : i.ooo
1 4 ,0 0 0 ,0 0 0
1839
1.000 ! 3 .5 0 0 .0 0 0
1 889 ! 1,000 i 2 6 .5 0 0 .0 0 0
; iS 9 i ; 1 ,0 0 0 j 3 .5 0 0 .0 0 0

L eased L ike B onds —

O m aha 1 st m o r t g a g e ..>
B oon e C o. A B o o n e v tlle 1st m o rtg a g e , tut. g u a r .. !
B run sw ick & C hU llcothc 1st m o rtg a g e , Int. g u a r ,
Wabash C hester at W estern—1 st m o rtg a g e , g o ld .e '
st co n so lid a te d m o rtg a g e , $ ,
,
. g o l d . . .o '

1 880
1 88 5
1881
1 88 6
XSSI
1887
1 881
1881
1831
1 881
1881
1881
1 88 6
1879
1 879

1 .0 0 0 i
50
i

;
l
:
i
i
!

2

8 Louis C o u n cil B lu ffs *
t.

§100 ' § 3 ,1 9 3 ,0 0 0
1,000.000
1,000.000

1 88 3

42 :
22 ;
38 .
42
65

1878 I 1.000 j
1 87 3
1.000 !
1878 ,1 0 0 Ae.i
1 889 ! 1,000
1893
1,000

A p ril, ’ 9 7 , 3 %
M ay 1. 1 90 3
J a n ., ’ 9 7 , 3 %
Out. 1. 1 9 1 0
N o v . 1, 1 9 1 5
J an . 1, 1 9 2 0
J a n . 1, 1 9 1 6
1921
J an . 1, 1 9 2 0
J lch . 1 , 1 9 0 6
M oh. 1, 1 911
M eh. 1 , 1 9 1 6
M oh. 1 , 1 92 1
M oh. 1, 1 9 2 6
M eh, 1 , 1931
M a y 1 , 1 93 6
J u ly 1, 1 9 1 S
J u ly 1 , 1 9 1 3

N. Y „ O ffice 195 B 'w a y . O ot.
do
do
O ot.
If. Y . C e n tra l T ru st C o. M ay
do
do
F eb.
In J u ly ,'9 6 , deni. p . c. J u ly
J u ly
N. Y ., C e n tra l T ru st Co. J u ly

1

6
6

5 7 7 .0 0 0

J,
M.
F.
5 g. J .
5 g . J.

100.000

7

304.5(H)
3 0 0 .0 0 0 |
3 9 0 .0 0 0 •

A
A
A
A
A

J, N .Y ., O ffice, 1 9 5 B 'w a y J u ly
K.
ao
do
M ay
A . B oaton .B a n k R e d e m p 'n A u g .
J. X . V „ N a t. B k . C om .
J u ly
J. J u l y '9 4 , pd. J u ly 1 ,'9 6 J a n .

0)

1,
1,
1,
1,
1,
,
1,

1 908
1 903
1939
1939
1939
19391941.

1,
1,
,
1,
1,

1909
1903
1903
1 91 8
1 928

1

1

8

V e r m o n t Sc M s t a s a c h u » e u » . —d J n e O f r o a d , F itch b u rg t o G reen ­
p e r ce n t till m a tu rity .
E n tra n ce to C h ica go la secu red o v e r th e
field, Mas*., 5 6 m iles o f d o u b le tra ck } b ra n ch , 3 m ile*. T h e ro a d is C h ica g o A W eat In d ia n a , o f w h o se s to c k th is c o m p a n y o w n s § 1 ,0 0 0 ,0 0 0 .
leaned t o th e F itch ourg R R . f o r 9 9 9 yea r* a t p e r ce n t o n stock .
C a p i t a l St o c k .—T he ca p ita l s to c k is § 5 2 ,0 0 0 ,0 0 0 , o f w h ich § 2 4 ,0 0 0
V e r m o n t V a l l e y o f 1 8 7 1 . —O w n s fro m B e llo w s F ail* t o B ra ttle - 0 0 0 1* p re fe rr e d , h a v in g a p re fe re n ce o f 7 p e r ce n t p e r a nnu m n o n
Boto, V t .,2 4 utiles. C on trol* b y o w n e r s h ip o f s to c k th e B tfllfvan C ou n ty cu m u la tiv e , a n d § 2 8 ,0 0 0 ,0 0 0 Is c o m m o n ; p a r o f e a c h , §
.
S B . from B e llo w s F a ll* t o W in d sor, V t., 2 6 m ile s . B o th roa d * a r e c o n ­
b ttra ct* o f th e m o r tg a g e s o f 1 8 8 9 w e re In V . 4 9 . u p
trolled in Interest o f C onn- R iv e r R R .. an d o p e r a t e d b y B oston A M a in e
Earning* o f V e rm o n t V a lle y f o r y e a r e n d in g J u n e 3 0 ,1 8 9 6 , g r o s s , 270 -2 7 3. T h o r tr s t m ortg a ge co v e rs all th e Hues o w n e d b o th ea st an d '
; t i e M ississippi, e x c e p t in g th e D e tro it A C h ica g o e x t e n s io n ,
* 2 5 5 ,5 * 4 ; net, * 1 6 7 ,7 5 3 : In terest, ta x e s and ren t*. * 4 7 ,0 5 0 : d iv i­
dend*. § 6 0 ,0 0 0
l a 1 3 9 4 -9 5 , g i r o * , § 2 3 6 ,1 2 7 ; n e t, § 1 0 6 ,9 8 3 . iV . 6 3 , ISO m ile* - s e e below - a n d e n o u g h b o n d * a rc re ta in e d to retire th e p r io r
lien s on roa d s w e s t ; but th e secon d m ortgage co v e r s o n ly lin es e a st o i
p. 8 77 .1
J ie riv e r a t tim e o f o r g a n is a tio n In 1 8 8 9 , 1 ,0 1 2 m ile*. T h e W ahaehI t e k . b o r * S h r e v e p o r t A F a e l f l e a I t . - D e l t a . l a . , on M i*.

6

100

1

0
0
1 850.000

in m u m . m a m a to l e x * * a t an. M a in lin e * » .!
-ib *t«*L
, w ill g o to re tire W a b a sh first* a t 105 a fte r s e ttle m e n t o f d e b t* o f
O r g a n iz a t io n a w
S T O C K .-T h e s to c k U § ,
a n t h o t i t t d ' eom m U tec. O f the d eb en tu re m ortg a ge b o n d s $ 3 ,5 0 0 ,0 0 0 a r e s e r i e s 1
outstanding * 1 ,6 0 1 .5 0 0 (p a r * 1 0 0 ), o f w h ic h th e A la b a m a N ew O r I p referred — -------------- * - *------- - p a y m e n t* o n ly ) and § 2 6 ,5 0 0 ,0O0>
------------- *” In re s p e ct to Interest ---------------'
•
A
lean.* A T ex a s P a cific J u n c tio n R ailroa d C o m p a n y h old * n m a lortty, w r ie * B. S eries " A " re c e iv e d 6 p e r cen t in teres t in 1 8 9 0 : In 1891 t i­
together w ith § 3 ,6 8 2 .0 0 0 o f the 1st a n d § 8 6 5 ,5 0 0 3 d m o rtg a g e b ond*.
ll) 1*92 , 6 ; in 1 89 3 , « p e r c e n t ; in 1 89 4 a n d 1 80 5 n on e; In 1 8 9 6 , 1
(V. S i , n, 112 4 ,}
B okd *. BTC. —Third m ortgage earned 4 per e t till 1894. thereafter 5* J*®*
T h e D etroit & C h ica g o K i te ,m e n b on d * c o v e r 1 50 m iles, co m p le te d
In M ay, 1 89 3 , fr o m M on tp elier, B i d , t o C la rk e J u n c tio n , 2 6 m ile*
from C h ica g o.
T he co m p a n y a gree* to k e e p th e ea rn in g * o f tid e
___
d iv is io n *')I,ar* tc I y , a n d h a v in g p a id th e re fro m th e In te re st o n
“ t h i r d . - U a d n o t b een Issued. Lauda un sold J u n e S o . & . w ere 200." |
g ® *“ n>to» e a rn in g s , In a n y y e a r u p t o
■Ml acre*. T r e * t e « o f p r io r lien m ortg a g e and o f 3d m o rtg a g e . C ent. |
rS cfL V .
? { ,th e **°*“ lfl ou tsta n d in g , t o a
Trust (. ,; o f 1st m ort... F arm ers' L oan A T ru st C o. C oatw n * d n e a n d . S i d ’ s
^ * u e ’ K K |mnd* t o b e Purohnaed o r d ra w n b y l o t
unpaid J une 3 0. 1890, 1st m ort., § 1 .7 4 5 ,5 0 6 ; 3d m ort., § 5 3 4 ,4 8 2 .
“ ‘ S
v U i 0 "' M o r t i ^ u
to
" 'd e e m e d In

6

1 0

0

1

m
V "
3 U 3 m a M i >" « ...... - • H C S I
’
In 1897; §134,180 In 1*96. In calendar Tear 1896, gross. §576,723
.

^
C“ ntn*1 T ru" ‘
O bligation * on L e sse n L ine* oUi.-r than on the bonds In tne table

*4 R ki-OKT - F i s c a l yi-.ir e n d . J o n e 3 0 . R e p o r t fo r 1 4 9 5 -9 6 w a s > a b o v e a r e : E el R iv e r R a ilro a d C o .- A n n u a l ren ta l ch a rg e , § 7 5 ,0 0 0 p e r

ln\. 63. p. 355. «5 o . and showed earning*, etc., as follow *. Taxes
are Included in operating expenses; other Income Include* land sale*.
. . . .
jft fr g — •

* £ ? ? ;,
• }* }• ? * *

i s a - j , ----

131,514

s l a v i " : s « f c i T«

IV. 59, p. 7 7 9 : t . 61, p.

1^53$

11 4

o th e r tn e.
$ l« 3 0 f

3,212

3 7 ,3 1 2

Interest.
§ 4 1 0 ,4 9 9

annum. April 1,1892, to April 1. 1895; §90.000 per annum, April 1
1395, and thereafter. Also §500 per annum for organliatlon expen ses'

Jl,Hatter.
L o u isia n a A P ik e C o u n ty R a ilro a d —A n n u a ! ren ta l etiargc. §8001
d e f. § 2 5 7 ,6 1 0 ; O jU fkkA t FtNAkOKA- J u n e 3 0 , ISiHi, th e re w e re b ills p a y a b le

410,524 del.

255.79* , $400,000. and §29,J37 rolling stock notes p ayable m onthly, chargeable

4 0 5 ,9 6 8 d e f.

2 4 0 .2 2 0 |®

; \ . §3, p. 5 5 4 , 651.1

80 0 0 1 a n d
0 ,0 0

N orth M issou ri 7a (tota l Irene $ ,

§t" L. K. C. A 5 o . 7 i (total Issue §3,000,000), due respect Ivefy Ju lv 1

*
5

V i r g i n i a M i d l a n d . - U ne „ r R o * » , - M a i n lin e , A le x a n d r ia to ! 5 S “ * $ * « * £ « '
180 ;'* w e n p aid b y s a le o f first m o rtg a g e b o n d s .
Danville, 231 m tlre ; M a n a ssa s J u n c tto n to H trasburg, 6 2 m il e s ;
’ I I S 'S
,M . » “ “ « “ »• F irs ts
,I
■
*
:
S to c k E x ch a n g e to A j>r„ 1 89 0 , w e r e $ 3 1 ,6 6 4 ,0 0 0 . T ra fFranklln J a o c t lo o t o R o c k y M t „ 3 7 m it r e ; C a•....... n , V a * - — arren . listed o n N.
lv e r to
to W
tots:J m ile*; u n io n 8 t. l i 'a a c h . A le t a n d r la . 1 m ile ; S traslm rg J u n ctio n n U l7 e ^ lR r a
J
H ire*burg
‘ f 11" ’ " f « ; hlc!’' g r a in fu'r-to e H arrisonburg, 5 1 m ile s : to ta-l o p e ra te d , — . m ile*. A ls o o w n * I t n e k ft n a p '
) .. „ w c »
- -------- —
b lW a ,tn o » o o
9lu m b e r 5 p . c „ a n d liv e
.branch O ran ge to G ordon*tdlles 9 m iles, leased t o C low s. A O .. m a k in g i tn ec ' J1 •*.
*
grand total o f 4 0 0 m iles. T h e 51 m ile* to H a rris o n b u rg w as fo rm e rly
E a r n in g * .—8 m o*., 1 1 8 9 6 - 7 ... ..g r o s s , $ 7 ,8 3 1 ,9 7 5 : net
J .tiy 1 to F eb. 28. 1 1 8 0 . V 6 . . . . . S , , , * : H % 0 .■.*«>] S e L
r S a “ W ° V *'o t *,' rri*®den>d to V irgin ia M id lan d In N o v e m b e r ,:
1 89 6 - see B. A O. Item , V. 6 3 , p. 967 . S to c k , $11,000,144.
1
R n r e g T .— F iscal yea r e n d * J u n e 30. A n n u a l m e e tin g at. S t.
. I# !i»i-O p C T lrte < l U nder lea se b y S ou th ern R a ilw a y c.,.,, w h ich o w n s f f i L T e 1 T ow n la y tn S e p te m b e r. R e p o rt f o r 1 8 9 5 -9 6 sva* g iv e n » t
rt.-oOC'/MH) o f the § 0 .0 0 0 ,1 4 4 c a p ita l s to ck , a n d has d ep osited It- un d er
‘
ts c o n s o l n iu r c o f 1 8 9 4 . T h e m in o rity In terest la the s to c k ha* !»-.-n W ^ & t ' p ' l j T . ,53' P l5 5 ' 460' Ml0Wln« re8>l1U * 4 funows.
-scelTtog <0 per cent o f holdings in Southern R>. preferrn.1 .lo c k
F ea r e n d in g J u n e 3 0 -^
1 89 0 .
1895.
ig o s
A v e ra g e m lle a g o ............... ..
i (« ; j
1M 5'
jWheaottered f o r «*eh a m te. T h a o l d R ic h m o n d A D a n v ille !.•*«.wstffled In It* e n tire ty b y the Southern R y . Under this lease su rp lu s Passenger* ca rrie d o n e m lli:,
1 5 8 ,9 6 0 .9 7 0 1 3 9 ,4 7 2 .8 2 0 2 10 ,28 1
irntngs o v e r Interest charge* revert to the V irgin ia M id lan d ; the Kata p r p a s s e n g w p e r tulle
3-038 eta.
2 -1 4 6 o t* .
1 -8 7 7 'o t*
innti* are not guaranteed anil any mlvAiic. s by the le*...<, to m eetde
Freight
ca r'd o n e m ile. 1 ,2 1 8 ,7 8 5 ,0 0 0 1 ,1 0 0 ,9 7 0 ,0 0 0 1 ,0 9 7 ,5 8 5 OOO
ictesey ln Interest constitute a preferred Indebtedness,
R ate p e r ton p er t u lle ............
OffiOOct*.
0 '7 2 f e t«. * O W o t a
B O K b «.-A * to th e Bans o f th e s e r e n il series o f b on d * g iv e n In u , „ ; G ro ss e a r n in g * ........................ $ 1 2 ,8 0 7 ,1 1 7
$ 1 1 ,9 5 9 ,8 3 9 $ 1 2 ,5 5 1 ,
. *U », MB B B m X K U tT o f M a y , 1 89 4 .
M a in ten a n ce o f w a y ..............
§ 1 ,7 0 1 ,0 5 5
$ 1 ,4 6 4 ,2 1 6
§1,897,411
Earnings .—P r a in g s are n ot n ow rep orted .separately b y th e 8 ou th - M o u r e p o w e r ........................
i
2 ,4 0 6 ,1 4 1
2 .4 0 7 .5 6 0
•
„
-A
2,528.508
036,64*.
8 8 2 5 2 7 1,041 ^ 5 2
f *'
B n r e a r e n d in g J u n e
, 1 89 3 , g rn —. § 2 .1 8 1 .1 2 3 ; M a in ten a n ce o f c a r s ,. . . . . . . .
I w f t c eitarge*..§693,4.73 ; balance, defleit. :§36 ,§;Vfl. In 1894 T ra m p o rta tlo u a n d g e n e ra l.
4 ,1 0 8 ,7 8 3
4 ,0 7 6| "27
4,351, 3t)0
* * * e » 4 2 2 ,« § 6 l ren ta l fron t B . A O ., .889.250; ft ,A
$ ,
T o ta l op«*r. m tp e m m ___
{33,635; d eficit under c h a r g e * ,$ l5 3 .3 1 9 . In 189 2 -9 3 g ross , §
475.
$8,921,030
§9,830,380
W a b a s h f t a l l r o a d . O p erates
Net earning*...........................
$3,564,389
fo llo w s , rlx.
$3,038,801)
§2.720,069
inems Jiati a f ..
* Mitm, I S itfr , M il**,
| P er et- ep er, o x p . to c a rn 'g s.
i7 2-1 7 i
.Bu*l n f MiBw. Mlwttr.
1.74-59)
(78-82)
iole<io, O.s to Ea«t H annibal,
; F rom ren t o f tra ck s, A c ........
2 1 3 ,4 1 7
E
fftl. R ! x m Hii. fwMeb m n ),
239,587
4 3 9 ,4 6 0
i »tnp P t.a n d K lvaston , HI. 5 3 6 -

00

1

391

*1

§0370940

1

6

1,935

487

449

30

0 242,004

2.076

Brnm rta
fn il,,
ecatnr, 111., to E. 8t. Is>nl*.. 110 O th m lit jw .
t « .,....
une. rwftF n u fa g o to KIBq* .
te€M m WfM n f
Hivt-r,
. and Altencortt, 0 1 . 2 1 6
B n ia r «r!e k let F a ttou ^ h '^ .M o.
: t o P a i r h o r y ....................

jdwnrdiyilSc Branch. . . .n . ..

«trs>-,neftf Dct ret). to B u tler
ootpeBw , O., on lin e to De­
tro it, % Clarke “
t,
near C h ica go...
-Owns W „ t n f Mist. R iser. ■'
Lo uis to n * s r K a n * a * n t y .

■ Levee to F ergu son , Mo.
h
* S S S l * ° Ottum w a, M o . . . .

Ibibury to Glasgow,Mo., etc

32

8
110
in n

C en tra lia t o CoiurnhJn, M o .. .

Total
^

***-.*,...

1,1 !

T o ta l net in c o m e ............
I T a xes ...........................................

80 ; Track, bridge, rent., A c .........
21 j Int'wt, o n b o n d s it!id ren tals
—— , Dt v'nrts o n p r o f, d eb en tu res

211 1

|

C h ica g o t n ^ a r i r e 'j u n c t i o n -■
8 s h o rt lines tn Clnlncy. D o............. .
trott. A o
O p erat d fO rP u re h a s In g C o m .

® '.t X p V o 3 $ - v « 2 r v : - a .

26 l
70
70

Total owned.
............ 1,692
Or. total operid June, 1896.1,979
T
'
to 1 8 , 9
lli* W abash 8 t L ouis A P a cific,
iteh
s o w in foreclosu re. S m Hrim.KHKST u p t o J a n u a ry , 1889
,
u n sw l,iT?

'Sreare*

r

- ^

, * B™’ !' ‘'v ille R R . is leased till M ay, 1973. T he

to St. D K a n .a t y A Northern for

It* b o n d s b ear 9 p er cen t Interest till A u g u st 1 . 1900, then

$ 3 ,7 7 7 ,9 5 6
§51(1,(178
4 8 9 ,9 3 3
2 ,7 0 1 .5 4 5
3 5 ,0 0 0

$ 3 ,2 7 8 ,3 9 6
$ 5 0 7 ,7 9 3
4 7 4 .9 6 8
2 ,8 3 8 ,5 4 2

$ 3 ,1 6 0 ,6 5 9
§ 4 9 7 ,0 9
4 75 ,7) 4
2 ,8 5 0 ,4 :, 1

4%

r

7w

W n b a n l i C h e a t e r Sc W e s t e r n . —S e e O c to b e r, 1 8 9 5 ,S vrP tiB M lW r.
W a c o A N o r t h w e s t e r n , —B ee H o u s to n A T ex A* C e n tra l R a iiten u
W a r r e n , N , J l.—N ew H a m p to n Juno- t o D ela B rid g e N T i a . o , n
ten se d in , „ . e i . o
t . t 1,.,. ,. W est,
* P1L eased In p e rpr tu.ity. tn .D.ela . L a ck . A u*...., at 7 v c. ,fn s to ck am i b oiid s
p. _ W a s h i n g t o n Sc C o l u m b i a H i r e r H r . - o w n s ro a d tro w D a v i e 'i ’
P e n d le to n , O re., 128 m ile s : b ra n ch es, 3 5 m ile s : totiil
183I n d ie s . I n c o r p o r a te d in 1892. K tock is $ 3 ,0 0 0 0 0 0 : p a r S l o o ''
M o rtg a g e tn m tee, b a n n e r .' L . A T. C o., N. V. A d d ltlo n a l tinfi
a
m a y be Issued fo r e x t e n s io n s a t $ 2 0 ,0 0 0 p e r m ile. (V . 6 1 , p. 70.)
**
K abnctgs. Y e a r e n d in g J u n o 8 0 ,1 8 9 6 , g r o ss , #
,
: n e t mtn.
I l " O S l* 0* * 0 n ll<,ni18' -f^tot.OOO In 1 8 9 4 -9 5 , g ro ss , $ 2 8 9 ,7 7 8 : n o t
‘

213 930

138

LNVESTOES’

SUPPLEMENT.

[Y o u LXIV.

Bonds—Prinol
INTEREST OR DIVIDENDS.
________ RAILROADS,
_________
pal,When Due.
Miles Date Size, or
Amount.
When Where Payable, and oy Stocks—Last
Par
of
of
For explanation o f colum n headings, Ac., see notes
Outstanding Rate per Payable
Whom.
Cent.
Dividend.
Road. Bonds Value.
on first page o f tables.
WatIkill Valley—1st m ortgage..................•................
•
2d m ortgage Income 7 s.............................................
Ware A irrr-SKK Boston A A i.hanv.
Warren fft. J j —Stock,7 p. o. perp., guar. D. L.A w
2d mortgage, now 1st........................................ --1st consolidated m ortg ag e........................... •
Wash. <f Oolumb. River—1st M ., $2,500,000, f r ’ d.o
......
Incom e bonds, non-cam . $2,500,000........
IT «f Chester—1st m ort., iut. guar, by Petm. L i t ...
West Jentry rf Sea Shore HR.—Common stock .......
Special guaranteed stock (W est Jersey Kk.| . . .
Camden A Atlantic 2d m ortgage......................... o
Consol. M. ($650,000 are 5s; balance 6s coup.)
West Jersey 1st consolidated m ortgage............ c '
Consolidated mortgage ($2,900 is scrip).......... r
Salem RR. and Ocean City RR. bon ds............... r*
Swedesboro R ailroad bonds....................................
Woodstown A Swedesboro 1st m ortgage.......... o'
W. Jersey A 8. 8., 1st consol. M „ $7,000,000, g.c*
V u l Shore—1st M „ gu. p.A i., end. by N. Y.C.AH.o&r
Syracuse Ontario A New York 1st m ortgage.. . . .
West Virginia Central d Pittsb.—Stock, $6,000,000.
1st mortgage, ($25,000 per mile) gold.................c*
West Virginia <f Pittsb.—ls t M .,s .f. n ot dr'll, gold. 0*
West'll (A la .)—Con. M .,g.,gu.by C.Ga. a n dG a.K R .o'
Western Maryland— 1st M. and pref. 2d M. (end’d ).
3d mortgage, endorsed by City o f Baltimore........
4th mort., in return for City o f Baltimore stock ..
5th mortgage, held by City o f Baltimore, sink’g fM
City o f Baltimore loan ...............................................

$250,000
330,000

....

1877
1877

18
18
18
163

1855
50
100
1870
1875
1,000
1895
1895
1879 100 &c.
50
50
1,000
1879
1,000
1881
1869 500 &c.
1879 500 &c.

5
79
79
03
128
11
11
310
450
45
123
159
133
90
90
90
90
....

i.ooo

1868 500 &c.
1,000
1882
1,000
1896
1885 l,0 0 0 A c
1,000
1883
100
1,000
1881
1,000
1890
1,000
1888
’ 58-’68 500 &c.
1870 500 Ac.
1872
1887
....

Washington Olslo A Western.— ee S outhern R a il w a y .
S
West Jersey.— ee W est J ersey A Sea S hore RR.
S
West Jersey A Atlantic.— ee W est J e r s e y A S ea S h ore RR.
S
West Jersey A Sea Shore RR.—
(See Map P ennsylvania R R .)
—Ovens all the lines o f tne Pennsylvania System in Southern New
Jersey, including the line from Camden, opposite Philadelphia, to
Atlantic Cite (59 m ), Camden to Cape May, S im ile s , with branches,
etc., 310 miles in all.
O rganization .—Incorporated M ay 4 ,1 8 9 6 , and absorbed, per p lan
in V. 62, p. 366, the Camden & A tlantic,W est Jersey, etc., com panies,
comprising the Pennsylvania lines in Southern New Jersey. (See
V. 62, p. 871.)
Stock .—Common authorized, $8,076,000; special guaranteed stook,
$104,000.
D ividends .—On special guaranteed stock 6 per cen t per annum. On
common in 1896, et ‘J h p. c.; in 1897, M ar., 2 U p. o.
;
B onds .—First consolidated m ortgage is for $7,000,000. o f w hich in
July, 1896, $3,473,500 w ore reserved fo r prior lien bonds when
dne, $2,526,500 fo r im provem ents, eto., and $1,000,000, used for
refunding, etc., wore sold in June, 1896. See description, V. 62, p.
1179. Mortgage trustee is Comm onwealth T itle Insurance & Trust Co.
o f Philadelphia.
G eneral F inances .—In Juno and July, 1896, several old loans
aggregating about $950,000 were replaced by new consol. 4s, o f which
$1,009,000 were sold.
Darnings .—2 months, (1 8 9 7 ................. Gross, $252,102; net, $14,393
Jan. 1 to Feb. 28. (1 8 9 6 ................. Gross, 264,137; net,
2,449
The combined earnings o f tbe roads show :
Tears end. Dec. 31.
1896.
1895.
1894.
1893.
*
Gross earnings......... $2,554,919 $2,565,847 $2,140,898 $2,531,371
Not earnings..............
586,888
616,269
619,444
583,293
In 1896, other incom e, $23,571; interest on funded debt, $ 2 76,0 54;
rentals, taxes, etc., $83,732; balance io r dividends, $250,673. Divi­
dends at 5 p. c. on comm on (and 6 p. c. on special guaranteed) call for
$235,868 per annum.—V. 62, p. 366, 504, 742, 871, 98 9,10 98, 1179.
Went Shore.—
(See Map New York Central dt Hudson River.)—Line
o f road from Weehawken, N. J., opposite New Y ork City, to Buffalo,
N. Y ., with branches to A lbany City and Rochester City, 450 m iles;
Syracuse Ontario A New York (form erly leased and afterwards ab­
sorbed), Syracuse to Earlville, 45 miles; total, 495 miles. Successor
in 1885 to the New Y ork West Shore & Buffalo, sold in foreclosure.
L ease .—Leased in 1885 for 475 years to the New York Central A
Hudson and all earnings, Ac., included in that com pany's report. The
$10,000,000 o f stock is ow ned by the New Y ork Central Company.
B onds.—The West Shore mortgage is made to the Union Trust Com­
pany as trustee, and covers the line o f road, Weehawken to Buffalo,
with branches, 450 miles in all, and also the terminals at Weehawken
by ownership o f all the stock and bonds o f the Terminal Company.
The guarantee o f the New York Central A Hudson is absolute as to
interest and principal and is endorsed on each bond. See abstract of
mort gage in V. 42, p. 176. The Syracuse Ontario A N. Y. bonds “ were
n ot assumed as part o f the West Shore m ortgage."

7

J. & J. N .Y.,Of.,5VanderbiltAv Aug. 1, 1917
J. & J.
Aug. 1, 1917

1 ,800,000 7 per an. A.15<feO
A .15& 0
750,000
7
M. < 8.
fc
7
000,000
2.500.000
J. A J.
2.245.000
i s■
M. & S.
75,000
5
4,592,575
M. A S.
104,000
6
M .& S ./j
497,000
A. A O.
6
1,000,000
5 A 6 J. A J.
A. & O.
1,000,000
7
M. & N.
750,000
6
Various
200,000
4 < 5
fc
J. & D.
7
136,500
90,000
M. & N.
6
1,000,000
4 g. J. A J.
4
J. & J.
50,000,000
J. & I).
1,100,000
6
5,500.000 See text. Yearly.
3,000,000
6 g. J. A J.
4,000,000
5 g. A. & O.
1,543,000
4!sg. A. A O.
J. A J.
222,000
6
6
J. & J.
875,000
6
1,000,000
J. A J.
1,704,000
3% J. A J.
4
J. A J.
684,000

N. Y „ Del. L. A W. RR.
do
do
do
do
N.Y., Fanners’ L.AT.Co.
Pliila., Broad St. Stat’ n.
Phila., Broad St. Stat’n.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N. Y ., Gr. Cent, Station.
Baltimore, Co.’s Office.
Balt., H am bleton & Co.
N. Y., Farm. L. & Tr. Co.
N. Y. GuarantyTrust Co.
Balt., N. M echanics’ Bk.
do
do
do
do
do
do

Oct. 15, 1896
Oct. 15, 1900
Mob. 1, 1905
July 1, 1935
July 1, 1935
Sept,, 1919
Mar 10,’ 97,2L)
Mar.15,’97,3%
Oct. 1, 1899
July 1, 1911
Apr. 1, 1899
Nov. 1, 1909
1912 A 1925
Dec. 1, 1898
May 1, 1912
July 1, 1936
Jan. 1, 2361
1933
Mar. 1 ,’ 9 7 ,1%
July 1, 1911
Apr. 1, 1990
Oct. 1, 1918
1890 A 1895
Jan., 1900
Jan. 1, 1902
Jan. 1, 1927
July 1, 1925

From net in 1895-96, as above, deduct interest, $180,000; dividends
$8 2,50 0; m iscellaneous, $ 2 2 ,2 5 3 ; balance, surplus for year, $14,386.
President, H. G. Davis, Baltimore. (V. 59, p, 360, 6 4 8 ; V. 60, p.
132, 2 2 0 ; V. 61, p. 377, 5 5 6 ; V. 63, p. 4 5 6 ; V. 64, p. 333.)
West Virginia A Pittsburg.— (See Map Baltimore < Ohio.)—
&
R o a d .—Opened in 1892 from Clarksburg, W est Va,, on the B. A O., via
W eston, southerly to Camden-on-Gauley, W est Va., 103 miles, (of whioh
1 ^ miles owned by B. A O.), with branoh, 6 m iles; also from Weston
via Buckhannon to Pickens, 50 m ile s; total, 159 miles.
L ease .—Leased to the B altim ore A Ohio fo r 999 years, from Jan. 1,
1890. The rental is 62!2 per oent o f the gross revenue. The remaining
37 3 is to b e applied b y B. & O. to paym ent o f interest on bonds, the
c
B. & O. agreeing to advance any sums needed to p ay this interest In
fall, such advances to be a charge against future net earnings. See
V. 51, p. 718. In 1905 and at end o f every ten years thereafter rental
m ay be altered b y arbitration. See p. 8, S upplem ent o f April, 1896.
Stock —Com ., $2,500,000; pref., 5 p. o.,non-eum ., $900,000; par, $100,
B onds .—The first m ortgage fo r $4,000,000 (trustee, Mercantile True 1
Company o f Baltimore) covers besides the road and its equipment
134,842 acres o f timber, ooal and m ineral lands in West Virginia. There
is a sinking fund, but bonds cannot be called. (V. 54, p. 725.) Interest
due A p ril 1 ,1 8 9 6 , was paid. Loans and bills payable June 30,1896,
$273,584; equip, notes, $38,100 o f 6s, payable quarterly to Oot., 1898.
E arnings .—7 m onths, (1 8 9 6 -7 ........Gross, $ 2 26,2 80; net, $121,778
Ju ly 1 to Jan. 31.
(1 8 9 5 -6 ........Gross, 2 3 6 ,1 3 9 ; net, 139,692
A nnual R epo rt .—Fiscal year ends June 30. R ep ort fo r 1895-96 in
V. 63, p. 600, showing earnings as fo llo w s :
Cross.
Net.
Oth. inc. hit.,tax,etc.
Balance
1895-96.......... $400,442 $218,840
$83,662
$236,618 sur.$65,884
1894-95.......... 362,472
202,248
20,749
241,864 def. 18,867
1893-94.......... 387.949
210,339 loss 6,011
227,404 def. 23,076
—(V. 57, p. 8 5 2 ; V. 59, p. 6 9 5 ; V. 62, p. 8 2 , 6 3 4 ; V. 63, p. 6 0 0 .)

W e s t e r n R y . o f A l a b a m a . —R o ad —Selma to W est Point, 133
miles. Owned jointly b y tbe Georgia RR . and Central RR . o f Ga.
E arnings .—8 m onths, (1 8 9 6 -7 ...........Gross, $ 4 49,3 16; net, $191,831
Ju ly 1 to Feb. 28.
(1 8 9 5 -6 ...........Gross, 42 2,34 5; net, 166,916
F or year ending June 30, 1896, gross, $5 79,8 03; net, $211,964.
In 1894-5, gross, $523,284; net, $177,224; other incom e, $8,670. In­
terest, taxes, etc., $9 2,70 0; dividends, $ 6 0 ,0 0 0 ; balance, surplus,
$33,194. In 1893-94, gross, $5 12,0 22; net, $177,193. Stook, $3,000,000 (par, $100), o f which Centra) o f G eorgia and Georgia Railroad
each owns $1,500,000.
D iv id e n d s .—I n 1894, 2 p. c.; in 1895, (June) 2 p. o.; in 1896 (June),
2 p. c.; in 1897 (Jan.), 2 p. c.

W e s t e r n M a r y l a n d . —L ine o f R oad —B altimore to Williamsport,
Md., 90 miles. Leases—B altim ore A Cumberland V alley Railroad and
extension, Edgem ont to Sliippensburg, Pa., 34 m ile s; Baltimore A Har­
risburg Railroad, E m ory Grove, Md., to Orranna, Pa., 59 miles, and
branches, 7 m iles; western extension, 15 m ile s; eastern extension. 16
miles; P otom ac Valley R R ., Williamsport to Cherry Run on the B. &
O., 1-irnilos, and Porters to York, 16 m iles; total, 238 miles main line.
Sto ck .—Com m on stock is $6 84 ,9 5 0 ; par, $ 5 0 ; six per cent first pre­
W e n t Virginia Central A Pittsburg R y .—A coal and railroad ferred stock, $324,000. The com pany has been largely assisted by the
company m West Virginia in ttao upper Potom ac region—the Elk Garden city o f Baltimore, which, Jan. 1, 1893, ow ned $200,000 o f its common
Coal Field. Owns road in operation from juuetion near Piedm ont. stook, $4,263,000 o f its m ortgages and $2,924,850 overdue coupons.
W. Va., to Belington, W. Va., 102 m ile s; Elkins Junction to Beverly, 6 W ashington County, Md., also in October, 1892, ow ned $110,000 com­
mon and all the $324,000 preferred stook. Of the thirteen directors
m iles; branches to Mineville, Elk Garden, Ac., 15 m iles; total owned
123 III. Rails on Juno 30 ,189 6, w e r o : 42 miles o f 70 lb. steel and 81 the city has appointed eight and the oounty tw o. V. 55, p. 545.
miles 56 lb. Leases Pied. A Ciuub. RR . 29 in.: total operated. 152 miles.
B onds .—Of the issue o f $690,000 Baltimore A Harrisburg bonds
H istory .—Main line completed in 1889. Company owns 32,244 $120,000 are held in trust to pay off the B altim ore A Hanover first6s.
There are three Balto. A Cumb. V alley first m ortgages on different
acres o f coal and lumber lands covered b y the first m ortgage and has
mineral rights on 5,407 acres more. In 1892 the Baltimore A Cumber­ pieces of road, and under the lease to the W estern M aryland interesi
on the m ortgages is provided by rental.
land RR. was organized to build from Cumberland to Hagerstown Md
From July 1, 1892, tile com pany has paid regularly interest on all
70 miles, b ' t in April, 1896. no road bad boon built and the nroieot
was held i t beyauee. See V. 60, p. 220.
its obligations e x cep t on 3d and 4th m ortgages, which is paid by the
STOCK.—Stock authorized, $6,000,000, all listed on Baltim ore Stoek City o f Baltimore.
Floating debt Oct. 1 ,1 8 9 6 : First m ortgage, overdue, $43,500; hill;
Exchange, but Juuo 30 ,189 6, $300,000 was held in treasury o f the
payable, $301,904; funded 6 p, c. certs, held by Baltimore, $226,530
com pany. Bills payable Juue 30, 1896, $218,680.
unfunded coupons, $71,742.
D ividends .—From 1889 to 1894, both inclusive, 1 p.c. yearly In Maroh •
L eased L ines .—A s to teased lines see S upplement November, 1893
in 1895, Maroh, 1*3 p. c.; in 1896, Jan., li-y p. o.; in 1897, Mar., 1 p. c!
P otom ac Valley RR. bonds are guaranteed by the Western Marylam
B onds .—First m ortgage is fo r $3,600,000 to W. P. W hyte and the and the Baltimore & Harrisburg. See Potom ao V alley and V. 52, p. 121
M etropolitan Trust Co., as trustees. See V. 52, p. 204.
A nnual R eport .—F iscal year ends Septem ber 30. R eport for 1895E arnings .—9 months, ( 1896-7........Gross, $847,074; net, $278 119
was in V. 64, p. 178. The earnings, including Balto. A Harrisburg
July 1 to Mar. 31.
(1 8 9 5 -8 ........ Gross, 890,526; net, 308|l58
Balto. A Cumberland and Potom ac V alley, w ere as follow s:
A nnual R eport ,—F iscal year changed to end Juue 30. The annual
Bat.,
Tear end.
Cross
Net
"Interest,
D iv.on
eport for 1895-96 was in V. 63, p. 156, and showed total ooal and ooke
surp.
Sept. 30.
earnings, earnings, rents., dc.
pref.
shipments for year 1895-96 o f 1,297,982, against 1,002,434 tons in 1 8 9 6 .................... $1,265,690 $399,050 $323,665
$73,86
$1,520
1894- 95 ; 825,757 in 1893-94 and 929,427 tons in 1892-93. Earnings 1895.................... 1,277,863 439,035
141,22
296,458
1,356
have been:
s
38.16
1894.................... 1,203,174 390,735
351,128
1,445
fea r.
Cross.
Net. P.dO.RR.Net. P rof.on Ooal. Tot.Net. 1893..................... 1,322,320 461,890
78.17
381,436
2,281
1895- 9 6 ...$ 6 1 2 ,6 8 9 $215,899
$10,633
$102,607
$329,139
1 8 9 4 -9 o ... 531,536
186,235
20,289
83,039
289,563
k Interest assumed by
is
1893 9 4 . . . 504,597
174,019
13,126
8L 3 8 7
27L 562 —(V. 57, p. 1121; V. 60, B altim ore C ity p. n ot included. 17 8.)
p. 2 1 8 ; V. 62,
8 2 ; V. 64, p.

139

RAILROAD STOCKS AND BONDS.

A p r il , 1897. |

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r bj- g i v i n g I m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .
B on d s—P rln o l
IN T E R E S T O R D IV ID E N D S .
R A IL R O A D S .
p a l, W hen D u e
M iles D a te Six®, o r
A m ou nt
R a te p er W h en W liere P a y a b le , a n d b y Stocks—L a st
of
Par
of
, see notes
P e r e x p la n a tio n o f c o lu m n h eadinga, etc.
O u tstan d in g
W h om .
D iv id e n d .
P a y a b le
C ent
R oa d . B ond s V alu e.
o n tlrst p a g e o f tables.
1879
....
32
1 88 6 8 1 ,0 0 0
M o rtg ag e (fo r $ 0 9 0 ,0 0 0 ). g o ld .............................er
15
1888
1 ,0 0 0
1st A W est. E x t . ($ 1 6 ,0 0 0 p. m .l,g o ld , gu ar, e*79-’81
B alt. A C niab. V aL , 1st m o rtg a g e s (see rem arks)
633
50
Western X . T. <f P t.u n iylr a n i « -3 t o e k (See t e x t ).......
1887
1 ,0 0 0
633
West. N . i a P ouu.
vv<em. s», Y.. Ati e n n . 1st 51., ($10 » wv . wwi * g o ld .e ’
^ u ,00 0 ,0 0 03 ,
v
633
1895
1 ,0 0 0
G en era l m o rtg a g e , $ 1 0 ,0 0 0 ,0 0 0 , g o ld , see text*e
1 89 5
1 ,0 0 0
In co m e b o n d s, $ 1 0 ,0 0 0 ,0 0 0 , g o ld , n o n - c o m ----- c
50
Western P en n .—S to c k ---- .J ■
.
1 ,0 0 0
137 1 838
C onsol. M. ($ .
,
) , g o ld ,g u a r , p.A l.P a .R R .c 100
W heeling * L a k e E rie—C om m on s tock (s e e t e x t ).
100
~
P referred stock , 0 p er eea t, n o t cu m u la tiv e .. . . .
187
1886
1 ,0 0 0
1 st 51.. L a k e E. M r . . B o tr e r s t o n t o L a k e t . , g o l d . c
1 .0 0 0
50
1888
1st M . W h e e l i n g 3. ( 2 d o n 1 8 7 m .) g — 0"
1 ,0 0 0
5
1888
T o le d o B e lt R a ilw a y 1st m o rtg a g e , g o ld , g u a r . . . .
1 ,0 0 0
E aten, an d I m p r .m o r t .i$ l,9 0 0 ,0 0 0 ), g » l d , $ 4 t * ,0 '; 2 6 0 1S89
1 ,0 0 0
C o m d l. m o rtg a g e fo r $ 8 ,0 0 0 ,0 0 0 , g o i d .. # £ A — c, 2 60 1 8 9 2
C ar tru sts. N ov e m b e r. 1 8 8 0 ............ ..........................
1 ,0 0 0
51
1 890
W unita YaUetf—1 st M . auly. to ca ll a t 1 0 5 , g — O'At
WUkesoarre <t Eastern—See N ew YORK S csqceha X X A d W e st ESN.
■
50
W ilkesbarre A s e r a n t o n - S to c k , 5 p e r c e n t r e n ta l. .
1 ,0 0 0
5 ism
F irst m o rtg a g e g o ld , guar. p.A i. b y L. C. & N . Co.
1 892
W illiam sport J So. B ra n ch — l*lM -$ 2 ,0 O O ,O O O g .cW dlm ar A S iou x f a l l s , —S e e G r e a t No k i i i e k s .
Wilm. Colma. <t A up.—Stock, 6 p .«.. guar.Wil. A Wei. . . . .
1st EQDrtttagQ.
........ .........................................A 1 192
1
53 m s
WHm. A C o n w a y 1st M ..g., g u . o . A l . b y W . C. A A..
1 89 2
WUm. S erf,ern .e <■.V.—W .O . A E .C ar U t’M ., g o ld . „
£
1 89 2
W. N e w b e r n e * >*. m o r t.b o a ils $.132,000, g o l d . . .
500
m 1 887
W ilm ington A N orth.—1 st M .,suit.to ca ll In 1 9 0 7 , - r
1 ,0 0 0
88
1892
G en era l m ortg a g e l o t * 1 ,0 0 0 ,0 0 0 , g o ld ................. r
100
WUminglon < W eldon—S to c k ........ ........................... .—
S
100
Certirt.of Indebt, fo r d l r 'd in S T m o n -ca m ., Incom e.

Wesc.ilaryl'A—t Con.j— B alt A H arrlsb. R R .; pr.Ms

34

5 000000

45

1,000
100
1,000
1,000
1,000
1,000

W e s t e r n N e w Y o r k Sc l*, i i n » y l v a n l a B y . —O w n s B u ffa lo to
E m p oriu m , P a., 121 m iles; B u ffa lo t o o i l C ity , P a ., 1 3 0 m ile s : O il C ity to
Olean. 116 miles: Rochester to Hinsdale, 09 m iles; Stoneboro to West
N ew C astle, 3 6 m ile s ; b ra n ch es, In clu d in g p ro p rie ta ry lin es, 133 m iles;

total o w n e d , O i l m iles, o f w h ich 7 0 a re n a rro w g a u g e ; leasee, 3 6 m iles.
OROAkirATSO*.— R e o rg a n iz a tio n M a rc h 1$, 1 8 9 5 (p e r p la n In S c p p | * »
o f J a n u a ry , 1 8 9 5 ), o f tins R a ilr o a d , fo r e c lo s e d F e b . 5,18515.
S t o c k . —T he v o tin g p o w e r o n # 5 ,0 0 0 ,0 0 0 n e w ca p ita ! s to c k Issued
b y th e o ld 2d m o rtg a g e b o n d h o ld e rs 1* to b e h eld in trust f o r live y ea rs
by George E. B a r to l.M c b o U iiT h u u r o n an d S am u el G . D e C ou rser.
IfcDtoA— A b s tr a c t o f W estern N . Y. & Pa. 1 s t m o rtg a g e in V , 47* p.
109, T h e g e n e r a l m ortg a ge (lim ite d tn 8 1 0 ,0 0 0 ,0 0 0 ) b eat* in terest fr o m
A pril 1 ,1 8 9 3 , till A p ril 1 . 1 89 7 , a t 3 p e r c e n t , then till 1001 a t 3 p e r
t a n d th e re a fte r a t 4 p e r r e n t T ru stee. U n ion T r u s t C o., K. Y . T h e
f in co m es a re n ou -oa tn u la tlv e 5 0 -y e a r 5 p e r c e n t g old b o n d s , issu e
1 to # 1 0 ,0 0 0 ,0 0 0 ; tr u s te e . F id e lity In*ur. T r. A 8. It. Co. o f PUlla.
T u ia t ih g D e b t ,—Ne w e q u ip m e n t n o te # D e c . 3 1 , 1 89 6 , $1:38,50$;
b on d an d m o rtg a g e o n re a l esta te , $ 2 8 9 ,7 0 9 ; K in x u a V a lley fr e ig h t
w arrant*. $ 5 7 ,0 0 0 ; loa n s an d b ills p a y a b le , $ 0 ,0 0 0 .
K a Ks; s *;s . --H m o n t h s ,, 1 8 0 6 -7 ,.. ..G r o s s . 8 2 ,0 7 3 ,3 € 6 ; n et, $ 7 1 6 ,0 7 2
J u ly 1 t o F eb. 3 8 . { 1 8 9 5 - 6 ------ G ross, 2 ,2 1 1 ,A l t ; n e t. 5 8 8 ,7 1 0
For 6 months e n d in g b e e . 3 1 . 1.806, s u rp lu s o v e r c h a r g e s w as #23 5 ,232 , a g a in st $ 2 1 3 ,1 1 6 In 1 69 5 .
T h e Interest on th e n ew g e n e ra l m o rtg a g e b on d * to

April 1, ISsW, !* n o t Included to the charge*, as it wm p rovided fo r »u t
o f Maemanient* on stock a t the rime o f reorganljiatimi; therefore only
3 m onths'Interest appears In charges o f 181)5-0*1 Interest charge on
these b onds to r 1 8 0 6 -0 7 w ill a m ou n t t o ¥ 2 2 5 .0 0 0 . S in ce J u ly . 1805,
all bettertneM * h a r e b e e n ch a r g e d t o e x p e n s e s .
Year* ending June 3 0 .
1806,
1 80 5 .
1 80 4 ,
G ross earnings .......................................# 3 ,1 8 6 .0 2 8 # 3 .2 8 2 ,0 0 8 # ,
,
N o te s ru in g * .,................................
# 8 5 2 .1 1 *
# # # 0 ,1 7 3
# 7 0 7 .5 4 4
O ther in c o m e ..........................................
3 6 ,6 3 6
2 9 ,6 0 0
T il

3 011 18
)0

Net In co m e ........... .......... .......... ..# 1 ,0 0 8 .7 5 6

IMarisst

#516.350
.♦61,000

on int t»©rt##

I at. tm jp u , m%$, t$®% atww

0 6 ,4 3 0

26,407

Int. on real c* t. a m i ritutp.

R ental;...................... .

# 1 ,0 1 8 ,7 7 4
# 5 0 $ ,7 0 9

69,858
8 7 .5 4 7

2-4
5

5 0 0 .0 0 0
5 0 0 .0 0 0
1 ,1 2 5 .0 0 0

V ariou s B a ltim o r e , C o.’ s Office. J a n . 1 , 1 8 9 9
N ov. 1, 1936
do
do
M . & N.
do
do
M a y 1 , 1 938
51. & N.
do
do
July,1929ifc’ 31
J. A J.
J. A J.
A . & O.
N o v . 1.
A . & O.
J. & T>.
____
........
A . * O.
J. A J.
M. A 8.
F. & A .
j. & j.

N. Y ., C o n tin e n ta l T r. J an . 1, 1 93 7
A p r. 1, 1 943
do
do
O ffice—W h e n ea rn ed .
A p r. 1 , 1 94 3
A iw .1 5 ,’ 9 7 ,3 %
P h ila d e lp h ia , Pa.
P h lla . .B ro a d St. S tation J u n e 1, 1 92 8
N. Y „ Office. 4 0 W a ll St, M a y 1 5 , 1 89 4
J a n ., '9 7 , c o u p o n paid. Oct. 1, 1 92 6
O c t., '9 6 , c o u p , la s t p d , J u ly 1, 1 928
S e p t.,’ 9 6, co u p , la s t p d P a rt e a ch y e a r
A n g .,’ 9 6 , c o u p , last pd. F eb. 1, 1 930
J a n ., '9 7 , c o u p , la st p d . J u ly 1, 1992

J. A J. X . Y . M e rca n tile T ru st.

8
0

ft
F lifla ., 1 0 6
. 4 th St.
4 la*. M. A N.
do
do
5 g - 51. A S. P h lla ., F id. I .,T r .& S .D .

0
6

J. A J.
W ilm in g to n , N. C.
J . A 1). N ew Y o rk A B altim ore.
4 g. J. & J. B a lt., S afeD ep.ft; T r. Co.
In te re st in d e fa u lt.
7 1 8 ,0 0 0
5 g* F. A A.
do
do
g. F. A A
4 0 7 .0 0 0
J. A- 1>. R eg.; C o. m alls ch eck s.
3 5 4 ,0 0 0
5 g. ( Q .—F . |
do
do
4 6 6 ,0 0 0
3 ,0 0 0 ,0 0 0 See te x t. M. A X. W Um., N .C ..C o .’ s Office.
A. A 0 4
do
do
7
2 ,5 0 0 ,0 0 0
9 6 0 .0 0 0
1 ,6 0 0 .0 0 0

200,000

5
5

J u ly 1 , 1 9 4 0
5 Iay 1, 1938
S ept. 1 , 1 9 2 2
J a n ., 1 89 7 , 3 %
June 1 0 ,1 9 lo
J a n . 1. 1 94 6
F eb . 1, 1921
F eb . 1, 1921
1 9 0 7 -1 9 2 7
A u g . 1, 1 93 2
M ay 1 2 ,1 8 9 6
Irre d e e m a b le

th e T o le d o B e lt b o n d s) c o v e r s , s u b je c t t o p r io r lie n s, e n tire p r o p e r t y ,
an d is ft llrstlie n u p o n th e e x tt-n s k m to B e lla lre a n d S te u b e n v ille b ra n ch .
C onsolidated m ortga ge (tru s te e C e n tra l T ru st C o., N. Y.,t f o r $ 8 ,0 0 0 ,0 0 0 , o f w h ich $ 6 ,4 0 0 ,0 0 0 t o re tire p r io r b o n d s a t o r b e fo r e m a tu rity .
GtiXKRAt, F in a n c e s .—B a la n c e s h e e t fu ritirh e d to s to c k h o ld e r s ' e o m o l f t e •b y Un- r e c e iv e r as o f N o v . 3 0 , 1 89 6 . s h o w s : C u rre n t lia b ilit ie s ,
s i.
.
. in clu d in g b ills p a y a b le , $ 5 2 3 ,0 9 8 ; a cco u n t# p a y a b le ,
$ 2 7 0 ,7 9 6 ; w a g e s, # 1 4 9 ,8 3 7 ; also ea r .rust# p r e v io u s ly n o t k n o w n to
; e x is t. $ 6 2 6 ,0 2 1 .—8 « e V . 6 4 , p. 3 7 4 .
L a i list E a r n i s o s .—J an. 1 t o A p r il 7 ( 3 l4 m o n th s ), g r o s s , $ 2 4 6 ,6 1 9 In
' 1 89 7 ; $ 3 0 3 ,3 1 3 in 1896. F or c a le n d a r y e a r 1 89 6 , g r o s s , $ 1 ,3 1 0 ,4 9 8 ,
a ga in st # 1 .3 6 5 ,1 9 4 In 1895.
A N K Ckt R e p o r t .—F D e a l y e a r en d * J u n e 3 0. R e p o r t f o r 1 8 9 5 -9 6 w a s
; In V. S3, p. 5 0 0 . 3 5 3 . D u rin g th e y e a r 1 8 9 5 -9 6 th e c o m p a n y ca rr ie d
1 .2 3 0,53 0 to n * o f bitu m in ou s c o a t, a g a in s t 1 ,1 0 3 ,9 3 0 ton s in 1 8 9 4 -9 5;
) and 2 1 4 ,8 1 0 ton s o f ofies, a g a in s t 2 0 2 ,8 1 0 to n s In 189 3 -9 4.
am !
to n
1 893.
1894.
1895.
Y ea r e n d in g J u n e 3 0 — 1896.
# 1 ,4 4 7 ,2 5 5 $ 1 ,3 6 7 ,0 4 8 $ 1 ,5 9 5 ,9 9 1
G ro ss e a rn in g s* .------- # 1 ,6 4 4 ,5 4 5
4 1 2 .3 2 0
4 7 3 ,6 6 8
547,834
N et earning*. - . . . . . , . .
444,890
320,694
3 7 8 ,5 7 5
3 7 0 ,8 5 7
In te re st p a id ................
3 7 9 ,7 7 9
180,000
1 3 5 ,0 0 0
D lvtd ’ * o n p re f. r t o c k ................. ..

AxtrCAL R s p ORT.—Flaeal year ends June 30, R eport for 1905-06 was
In V. 6 3 , p . 2 2 6 .

6
$ 1 2 0 ,0 0 0
5 7 0 ,0 0 0
5 g.
-.M0 .0 0 0
5 g.
3 5 1 ,3 0 0
6
•20,000,000
5 g.
9 ,9 9 0 ,0 0 0
g.
1 0 ,0 0 0 ,0 0 0
1 0,0 0 0 .0 0 0
1 ,7 7 5,00 0 See text.
4 ,0 0 0 ,0 0 0
4g.
1 5 ,0 0 0 ,0 0 0
4 ,5 0 0 .0 0 0 S ee text.
3 .0 0 0 ,0 0 0
5 g.
5 g.
1 ,5 0 0 ,0 0 0
2 7 6 ,0 0 0
5 g*
5 g.
1 ,6 2 4 ,0 0 0
1 ,6 0 0 ,0 0 0
026 ,02 1
7 6 9 .0 0 0
5g.

104482

Mlseeilaueous....... ................ ..........

11,941

B a la n c e . . . . . . . . . .su r. # 6 5 , t i l * «r .# 3 3 ,7 4 5 d e f.$ 3 2 ,1 9 1 m ir,$ 3 2 ,2 4 9
- ( V . 0 1 , p. 8 5 , 1.82,230, 2 8 8 , 3 3 8 , 3 7 4 . 5 6 6 , 065 , 7 1 3 .)
W tlk e a b u r r c

a

E a e t e r t t . —B n N. Y . S u s q u e h a n n a

a w ebtkk*

W t l k c s b a r r r A N r i - s n l o u . —fS ee s la p C en tra l E H . o f ,Y. J .}—
O w n s from S cra n to n to M ln ook a J u n c tio n . P a ., 5 m iles, o f w h ic h !* »
m iles i* d o a b le tra ck , L eaned fro m M ay 1 .1 8 8 8 . to L e h ig h C oal. & N av.
C o.
• M i-< -'b o.< —u - C om p o n i e s " ) d u rin g It* c o r p o r a t e e x is te n c e
less o d e y e a r, a t # 4 7 ,5 0 0 p e r a n n u m a n d o n e s
L e a se a sg ign e d t o
C en tra l o f N. J a t it per ce n t o n c o s t o f ro a d ($ 1 ,0 8 5 ,0 0 0 ) atm ta x e s.
Ill J u n e , 1 80 4 , L eh igh C oal * N a v. C o. h e ld all the sto ck .

W i l l i a m s p o r t A N o r t h It r a n c h H i t . —H a ll’ s to H utterfeld, P a .’
# 7 9 9 ,2 5 8 a n d b ra n ch 45 m iles. C o m m o n s to c k fattih $ 2 ,0 0 0 ,0 0 0 ) Iss u e d ,
M o r tg a g e
# 5 0 2 ,4 5 9 j # 9 2 5 .3 6 2 ; p re fe rr e d , $ 3 0 0 ,0 0 0 ; p a r v a lu e o f e a ch , $ 5 0 .
tru ste e , F id e lity I n k T r . A s . 1). C o, o f t'h lla .
9 9 ,7 3 5
F.a Ii . in o *.— Y e a r e n d in g J u n e 3 0 , 1 6 9 6 . g r o ss . $ 1 0 0 ,8 5 8 ; n e t, $ 3 0 ,v
5 4 .0 1 2 6 5 2 ; In terest. # 5 6 ,2 5 0 : b «L . d e flo it. 8 1 9 .5 0 8 . In 1 89 4 -6 , g r o ss , $ 1 0 4 ..
2 6 ,4 0 0 7 9 1 ; net, # 2 9 ,1 6 5 .
V ic o -P re s id e n t, G e o r g e V . F o rm a n . B u ffa lo , N. Y

W tlm lr iE to o C o lu m b ia A
I n g n s t s R H O w n s f r o m W ilm b u fio B , H. C .. t o C o lu m b ia , 8 . C . 1 9 2 m ile*; In 1 896 th e W ilm in g to n
■v C oitw av, frotn C o n w a y , 9. C .. to flu b , N, C . 51 nillea.w a scoiiH O tlW e s t e r n N o r t h C e r o l l n a . —S e e soprrtFKlt Rv,
dutr t w ith tii< \V. C. ,t A -, n.-ultticu Icastui to W U m ltlgtou A W eld on ;
W e s t e r n P e n n s y l v a n i a I t l t . - O v a * from B olivar to Butler. 71 to ta l, 2 4 3 m iles. L ease* jo in t ly w ith N orth ea stern (South C arolin a)
mile*, and Butter Junction to Allegheny City, 27 m ites, double track; R allron d, U o-Ceutr& l R allrou d o f S outh (•arollna, L a n e, 8, € ., t o S u m ter,
branch. 39 utiles; tota l. 137 m iles, i-eased to P en n sy lv a n ia R R. fo r 40 » . C ., 4 0 utiles. T o ta l o p e ra te d . 2 8 3 tulles.
Tear-from June 1. ixs-s o>M lease „? i - - ( v; i abrogated!, rental i In Juni", 1 4 6 6 , leased fo r 9 # y e a rs t o th e W U m . & W e ld o n , th e le ss e e
being the net eandnga. In Jan,. I k9 h. the first m ortgage ft* fo r i to p a y all: fixed ch a r g e * and 6 p e r c e n t .d iv id e n d on th e .s to ck . On J line
#43 5 .0 0 0 matured and were paid. K arsinos .— In year ending Dee. 31, { 3 0 ,1 9 9 6 . loa n * an d W ilt p a y a b le w e re $ 1 3 7 ,8 1 1 .
1806, gross # 1 .', t’.l.iiTO; n et. s 5J5,97«» In !-'«**, g r in -. # 1 ,5 2 3 ,0 5 8 ; ! A N s t u i. R gro itT .— F is c a l y e a r e n d s J u n e 3 0 . B e n o r t f o r 1 89 5 -6 w a s
net, #19 1 ,5 2 8 ; o th e r Incom e # 2 3 ,5 2 2 ; Interest, taxes, e tc., $-108,186; In V. Sit, p. 1 15 5 , s h o w in g ; tiro**, # 6 3 7 ,2 1 1 : n e t . .? 1 0 3 ,2 3 4 ; O ther In­
dividend i$ t>, c .i, # 14 2 .0 0 0 : l-al., d etlclt, $ 3 5 ,1 3 6 . Penn R ib o w n s c o m e , $ 5 2 ,5 0 9 ; in te re st, $ l l 4 .1 6 1 : d iv id e n d s . $ 5 7 ,6 0 0 ; Bat., su rjilu *.
the # 1 ,7 7 5 ,0 0 0 s to c k
D iv id en ds In 1894. 8 p. c .; In 1895, 8 p. e.; In $ 2 3 ,7 4 2 . In 1894-5, g r o ss , # 5 5 0 .9 4 0 ; n e t, $ 1 1 4 ,7 5 8 . V. 6 3 , p . 11 5 5 .
189$, 8; In 1897, A pril, 3 p, e.
W i l m i n g t o n N e w b e r n e dr N o r f o l k R a i l w a y . — Rotul fr o m
W h e e l i n g , ,v L a k e U r i c I t y . —O w n s T o le d o . <>.. t o IV .w cr i’ o n . <>. W ilm in g to n b> N e w b e rn c. N. C .. ft* m iles, s t o c k a u th orised , $ 3 ,0 0 0 ,0 0 0 ;
174 miles, and branch to Huron, O.. 12 m iles; W heeling Division, p aid In, $ 1 ,2 0 0 ,0 0 0 ; p a r # 6 0 .
Bower,;. ;t to M artin’ s F erry,opposite W heeling,4 2 m iles; Hteubenvllle
H. A. W h itin g was a p p o in te d r e c e iv e r <>ti M a rch 15, 1 89 7 . I n t e r e s t
branch. 14 m.; Toledo Belt. 5 at.; total, 247 miles. There are also coal is In d e fa n lt. Y e a r 1 8 9 5 -9 6 . k t o m , $ 7 0 ,9 9 6 ; n et, $ 4 ,0 9 8 ; c h a r g e s ,
lir a n c b c k 1 3 m. I n 1895 s c ,;u ;r e d r i g h t to u s e C ie r e )a n d T e rm u m l A $ 4 1 ,0 4 0 . tu 189 4 -9 5, gros . # 8 0 ,0 8 9 ; n e t,$ 1 3 , 0 7 7 . - V. 6 4, p . 508 .
Valley Ry. tracks and Cleveland terminals for 1H years. V. 63. p.
)
w t l m l u e t o n A N o r t l i v r i i , — O w n s fro m W ilm in g to n , D e l., t o
155. Owns large interest In WhceL R K. A I’llts. Coal Co.—which eeo
H igh* J u n c tio n , P a ., 7X i n l i c . , b ra n ch e s, 1 7 ml-les ; to ta l o w n e d , 8 8
m page 154 this H crrt.rgr.VT.
r n l f a ; rraok a g e t o R e a d in g , P » ., e t c ,, 4 m iles. O rga n ized J a n u a ry 1 8 ,
R o .t i t r s m a p .- O s Jan. 15, 1*97, Myron T. H errick and R obert 1877. a fte r fo r e c lo s u r e sate. G e n e ra l m o rtg a g e b on d * tire re s e rv e d
Jllle.ken^derfcr w ere ftppointC'’. receivers; V, 61, p. 182.
t o re tire t)r«t tnortgn ge tttdebtedlM M a t m a tu rlfj-; $ 7 0 ,0 0 0 g e n e ra l 5 s
DvrsCLTs.— Extension and lm prov. 5s, Int. due Feb. 1. 1-C*7; I.ftke w-ero l««u e d in A p ril, 1 8 9 7 , f o r e q u ip m e n t, e tc, s t o c k a u th o ris e d
t r i e D iv , Brtri 5 s, tat... d u e A p ril I . T o le d o B e lt lilt* lllWf M ar. 1,
# 1 ,5 0 0 .0 0 0 ; o u ts ta n d in g , # 1 ,2 7 8 ,0 5 0 ; p a r, # 5 0 .

Bntanee,m r s t u * .............................. .

0 3 2 0 ,5 4 9
# 3 3 2 ,8 8 0
# 1 1 5 ,6 5 2
—(V. #:». p, i-J H . 2 3 0 , d w , 6 4 6 , 6 « t » . .839; V . 6 4. p. 134 ,33 3 .1

P boTc t i v r CoMMiTrex*. —Ignils F ltigerald, d ia lrm a n ; W. L. Ball,
A s s i .-a i . R e po r t .—Report fo r 1895, In V. 62, p . 867, sh ow ed :
o f Edward 8weet A Co., and Duncan D, Par.-uly, o f Martiuand A
S et.
tiroes.
I r .e r u l, D ec. 3 1 Parmijf, i-Mw a p I
1.. ibk l e e s d l s i y , K m s u l l s i n t t Vo., S . V., for 1 8 9 5 . . . . . . . ............. . #488,315
>71,896
$33
$38,500
W,A L. E. flrsts, consol. 4* and preferred and com m on stock, and tlrst lftU i.......................... 410,156
mortgage bonds and stock o f the Wheel. Lake E. A Pittsburg Coal Cot
m eA h M ilrrC C om m utes.—< tia tles F a irch ild , 2 9 W on. St., k . Y -, and
A lexa n d er M oN etli— V. 6 4 . p.
.
First
o f rosO.—M aitiaR d . C o p p e ll A i'-n . 2 2 E x c h a n g e P la ce , N. Y .;
#1.3,50,000 bond* h a ve b een d*pnstte«l.— V . 6 4 , p. 7 1 3 .

374

Bjfcn, and Imp, * 9 o f loJVr—Bvowti Bros. A Co,. 59 Walt St., .V. Y.
Coupons jlno Pen. 1 ,1 097 , purchase,] on dejmslt o f the bonds.
. Dmoiaragk—O b p r e f. btock—A p ril. 188ft. to 1900, 4 p . c. p e ra n n .;
In 1891,4H; IB 1992. 4 \ ; In 1 8 9 3 ,4 p.
to 1 8 9 4 ,2 . none since.
Bosna.—Truste® o f ttrsf m ortgage Lake Eric Division Is .Mercantile
Trn*t Oo„ If. Y.s o f first m ortgage W heeling Division t* Cen tralT rust
<*)., N. Y. T he eitenrian ansi imprOMmeni mortgage •trustee Central
“ rust Co., N. Y.,1 for #1.900,000 (of which sufficient Is reserved to retire

W i l m i n g t o n A W e l d o n R R , — R o a d — O w n s W ilm in g to n to W e l­
d o n , N. C ., 162 mile-*, a n d fro m Sm ith C arolin a S ta te lin e t o C o n te n tn e a ,
N. C .. 116 tu lle s; b ra n ch es, S co tla n d N eck (H a lifa x t o K in g sto n ), 8 5
m iles; T a rb o ro , N a sh ville, C lin to n , e t c ., 1 5 8 ; to ta l o w n e d ,5 2 1 m iles.
L eases W|lm. C ol. A A u g .,2 4 3 m ile s ; C en tra l S outh C arolin a (Join tly
w ith N orth eastern S outh C arolin a R R .). 4 0 m ile*. R oach es A u g u sta ,
G »- fro m D en m a rk , 8. C .,5 7 m ile*, o n S outh C a ro lin a & G e o r g ia R R .
OttoAJWIXATtoft.—O rga n ize d in 1 836. C o n tro lle d b y A tla n tlo C o a s t
L ino C o m p a n y (w h ich see.)
D m O B S P * . K m —F rom 1881 to J u ly , 1 8 9 1 , b oth in c lu s iv e , a t ra te o f 8
per ce n t p e r an n u m ; in N o v e m b e r, 1 8 9 1 . 4 p e r c e n t ; In J u ly , 1 8 9 2 ,4
p e r c e n t : In 1 8 0 3 ,3 : 1 80 4 , M ay, » ; in 1 8 9 5 ,6 ; In 1 896. M a y ,3 p .o .
B o g u s .—7 s d u e S la y 1 ,1 8 9 7 , w ill b e p a id a n d g e n e ra l 5s issued.

140

U VESTORS’
N

&UPPLEMEKT.

[Vol
.

LXIV.

s u b a c r l b r n * will c o l l i e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f any e r r o r d i s c o v e r e d In tliese Tables.
INTEREST OR DIVIDENDS.
Bonds—P rin ci
Date
pal, When Due.
A m ount
Far
When
ayable,
of
column heading* ite., see notes
Outstanding Rate Perlj Payable Where P Whom. and by Stocks—Last
Cent,
|Road. Bonds Value.
»t page o f tables
Dividends.

iilanu

i
-(C o u r t.)—8 . t. gold in t.bd s.1 457
>0,000 ($12,000 per mile)g.c* j 468
53
cb and exten sion..........
1,888
Special t rust certificate
Winona l i n t lg e - 1st M.,g o ld ,«. f ..r 'd . a t 1 10 a ft. ’ 98 1 . . . .
Winona >t Western Stoc k, $2,000,000............
1st m ortgage, g o ld .......
Waconsin Cent. C o .-liv e elvers’ eertlfs.—8ee t e x t..!
10
Chippewa Falls it Wes eru 1st m ortgage —
54
Wisconsin it Mlnuesot 1st m ortgage, g o ld ......... I
Mum. St. Croix <t Wts.
Terminal m ortgage notes.......
Improvement m ortgage notes
Penokee 1st. m ortgage.................
Wts. Cent. R. R —Consol. M .,lstserles,gold — c&r 416
Consol. M., 2d series, incom e(not oimi.)gold.c*<fcr 416
Wisconsin Central Co. 1st M.,$12,000,000, gold.c* All.
Income M., uon-oum., $9,000,000, g old .......... c* All.
Wis. Cent. Co.it RR. Im p. bonds, gold, convert.e*
Chicago Wis. «fc Minn, (leased)—1st m ort., gold.c* 122
Incom e bonds, 6 per cent, cum ulative................
....
Wis. Cent, equip, notes, $500,000, (60 m onthly).
54
W is c o n s in < M ic h ig a n l t y .— lstM .,’g., $15,000 p.in.
£
10
W o o n s o c k e t d R a s e .— 1st M., int. gu. City o f W oon.c
S
If >rccstcr Nashua dk R o c h e s te r - Stock ($3,600,000)..
94
47
Wor.&Nas. ( Wor. Nashua & Roch. RR. b on d s...o*
do
47
1st M. of )
do
do
do ...o ’
47
do
do
’ 79 secures |
do
all equally, i.
do
do
47
Piflf I iItth l-nV V
York Southern—York A Peach Bottom ‘ ‘A ” & ‘ ‘B”
York Southern 2d m ortgage, g o ld .........................
Zanrs. rf Ohio River—le t M .. $25,000 IK m., g o ld .o ’
80
. for !j
hi

1885
1894

$1,000
1,000
.........

1890

........
1,000
100
1,000

1895
1894
1,000
1874
.........
1880
1884
1885
1886
1887
1879 500 <fcc.
1879 500 &c.
1,000
1887
1,000
1887
1,000
1891
1,000
1885
1885
1896
1,000
1895
1,000
1890
100
1,000
1886
1,000
1893
1,000
1890
1895
1,000
1882
1894
1886 106 &c.

$936,000
3,062.000
500.000
300.000
380,000
384.000
100.000
1,150,000
2,000,000
150,000
810,000
180,000
400,000
215,000
30,000
See text.
12,000
11,265,000
7.427,166
3,642,122
2,860,000
1,040,000
500.000
810.000
100,000
3,099,800
150,000
511,000
735,000
380.000
249,950
150.000
2,000,000

fc
7 g. J. < J. N.Y.,Balt. and Wilming.
do
do
5 g. .1. & J.
4
j.-j.
W ilm ington, N. 0.

1944

M. & N .
W ilm ington, N. C.
6
A t Co.’s option
5 g. M. & S .N. Y .t J. W alker & Son.^
5 g- J. &
M. &
6
M. &
7
A. &
v - M. A
F. &
8
M. &
8
M. &
5
5 g. j . &
7 g. j . a
5 g. j . &
5 g. A. &
fc
5 g. M. <
6
M. &
M. &
5
5 g5
Text.
4
4
4
4
5
5 g6 g.

j.
A.
J.
J.
J.
J.
A.

&
A
A
A
&
&
&

J.
N.
N.
O.
N.
A.
S.
S.
j.
j.
j.
0.
N.
S.
S.
j.
0.
J.
J.
J.
J.
O.

M. & S.
F. < A.
fc

New Y ork City.
1915
N. \ U. S. Trust Co. | Nov. 1 6 ,1 8 9 7
Boston. 73 T rem ont S t.! Nov. 1, 1904
Oct., ’ 96, coup, last pd.i Apr. 1, 1910
May 1, 1915
See text.
Fob. 1, 1895.
B oston, 73 Trem ont St. Sept. 1, 1906
Boston, Mercli. N at.B k. Nov. 1, 1937
do
do
Jan. 1, 1909
Jan. 1, 1909
Jan., 1894, last paid.
July 1, 1937
No coupons paid.
July 1, 1937
Nov., ’96, coupon paid. M ay 1, 1931
B ost’n, Mercli. Nat. Bk. Mch. 1, 1916
See text.
Meh. 1. 1916
lim e ,’97-1902
N. Y ., A tlantic Tr. Co. Jan. 1, 1945
P rovidence, R. I.
Oct. 1, 1910
W orcester, Office.
Jan.2 9 7 ,2 ^ %
Boston, Globe Nat. Bk. July 1, 1906
do
do
Jau. 1, 1913
do
do
Jan. 1, 1930
do
do
Oct. 1, 1934
See. T. A T . C o..Y ork,Pa. A pr. 1, 1932
Sept 1, 1940
Last paid Feb. 1,1 889 . Feb. 1, 1916

A nnuai. R e p o r t .— R eport for year ending June 3 0 .1 8 9 6 , was in V. preferred was declared in Jan., 1896, being 3 0 jier cent, payable in
63, p. 1155, showing earnings as follow s:
W isconsin Central & R R . Im provem ent bonds o f 1 8 9 i, and cov erin g
Year e,nd'g June 30.
1896.
1895.
1894.
1893.
accum ulated dividends toM arch 1 ,1 8 91. V. 62, p. 185. In N ovem ber
Gross earnings............$1,803,196 $1,625,076 $1,637,752 $1,569,296 1895, the Ch. Wis. A Minn, incom e co u p o n s which m atured on o r be­
Expenses and ta x e s.. 1,110,522
1,013,813
990,899
993,936 fore Sept. 1 ,1 8 9 5 , w ere paid w ith Interest thereon at 5 p. c Sept
1896, coupons w ere paid when due. V. 58, p. 3 8 4 ,1 1 1 0 ; V. 61, p. 924
Net earnings........ $692,674
$611,263
$646,853
$575,360
L and G ran t .—The W isconsin Central Railroad had a land grant of
In 1895-96 total net incom e, $735,460; Interest charges, $447,700; 839,348 acres, of which on June 30, 1892, 579,550 acres remainsd
dividends, $180,000. balance, surplus, $107,760. In 1894-95 paid unsold, and $98,948 land contracts w ere outstanding.
dividends amounting to only $90,000.— (Y. 63, p. 1 1 5 5 ; V. 64, p. 333.)
G en eral F inances .—Since the W isconsin Central Com pany owns
Winona Bridge Kailway.— Owns bridge between W inona,
securities o f the W
Central R
Minn., and Buffalo, Wis., 1’03 mile, opened Sept. 1, 1891. Leased to practioally all thef both com panies go isconsin W isconsin ailroad the
o
Into the
Com pany’
Wiuona & Southwestern, Green Bay W inona & St. P. and Chicago entire earningsthem being paid the total charges o f both com paniess
treasury, from
Burl. A No. for 30 years. S tock .—$ 400,000; par, $100.
Oil June 3 0 ,1 8 9 6 , Interest am ounting t o $1,701,950 was overdue.
E a r n in g s .— Y ear ending June 3 0 ,1 8 9 6 , gross, $20,628; net, $13,276
Traffic.—Of the 2,882,275
last half o f 18
charges, $19,583; balance, d ef., $6,307. In 1894-5, gross, $18,916 per cent was Iron ore, 19 per tons oarried n theforest p roduots95-6 ,42
cent lum ber and
and 10
Winona & Western,—
Owns from W inona, M inn., to beyond per cent i c e ; ton m ile-rate, 0 ’891 o f a cent.
Osage, Iowa, 117 miles. Organized in Ootober, 1894, and purchased
E arnings —8 m onths, 1 1 8 9 6 -7 ........Gross, $2,813,170 ; n et $964 651
the Winona & Southwestern, sold in foreclosure. V. 59, p. 836. Stock
Ju ly 1 to F eb. 28. J 1895-6........ Gross, 2,9 49,8 90; n et 1,036’714
authorized, $2,000,000; par, $100. E arrings .—Year ending June 30,
A nnual R e po r t .—R ep ort fo r 1895-96 was in V . 6 3 , p , 921.
1896, gross, $158,559; net, $2 3,11 2; 1895, gross, $143,729; net,
Years ending June 30—
1896.
1895
$3,640. Interest on bonds has been accruing, but first paym ent is due
Gross earnings..................................................$4,399,511
$4,090,543
Jan. 1,1897. (V. 59, p. 372, 6 9 7,83 6, 839; V. 61, p. 518.)
Net earnings..................................................... $1,391,194
$1,303,115
Wisconsin Central Company.— ystem extends from Chicago
S
324,444
6 491
to Ashland, Wis., and Lake Superior iron mines, also to St. Paul and Other in com e...................................................
Minneapolis. By the Milwaukee & Lake W innebago extension to
T otal n et.....................................................$1,715,638
$1,309,606
M anitowoc and the car ferry across Lake M ichigan, connecting with Charges, payable by receiv ers.................... *1,809,932
*1,547,234
the Flint & Pere Marquette, the W isconsin Central has a short line to
the East, beginning in January, 1897. V. 62, p. 636, 1098; V. 63, p.
B a la n c e ...............
def.$94,294
def. $237,628
117. The system in clu d es:
def.$15,431
iris. Gent. Oo. ow n in g:
Miles.
Wis. Cent. RR. owning :
Miles. ‘ Com pany ” b a la n c e .. ........
def. $346,859
St. P. J un. to Abbottsford, W is.157 Neenali to A shland.....................249 ‘ R a ilroa d ” b a la n ce .—.................................. def.$78,863
sur. $109,230
Branch to Bessemer.................. 34 Stevens P oint to P ortage City. 71
* The charges do not include interest on the W isconsin Centrali Com
Branches to Eau Claire, e tc ___ 12 Branches, e tc .............................. 32
Spurs to industries! 15 in.unop.) 53 Spurstoindustries(39m .unop.) 76 p any’s first m ortgage 5s o f 1887 ($11,265,000 outstanding), w h eh is
in default.— (V. 63, p. 7 4 ,1 1 7 , 402, 5 9 7 , 9 2 1 ,9 2 4 , 970; V. 64, p . 713 )
Leasing:
L ea sin g:
Chicago Wisconsin & Minn.—
Milw. & Lake W innebago—
Wisconsin Sc Michigan B y . —Owns from F althorn Juno
Chic, to Schleisingerv.,eto -.115
Neenah to Sckleisingerville. 64 tion, M ich., on M inneapolis 8t. P aul A Sault Stse. M arie Railw ay, to
Spurs to industries................. 15
E xtension to M anitowoo....... 45 Peshtigo, W ise., 49 m iles, w ith branch, 5 m iles. Opened fo r traffic Jan.
Trackage to Chic., Minn., e tc.. 26
Spurs to industries.................
3 1 ,1 8 9 5 . From Peshtigo oars are taken by Lake M ichigan Oar Ferry
R ugby to Milwaukee, etc___ 29 Packwaukee & Montello.......... 8 Transportation Co. to Chicago. M ortgage trustee is A tlantic Trust Co.
Grand total (including spurs operated 129 miles and unop. 54 m) .989 Stock authorized and issued, $8 10 ,5 0 0 ; par value, $ 1 0 0 ; equipment
P h ysical Condition .—Of the 587 miles o f m ain lin e June 30 ,189 6, trusts (Dec. 3 1 ,1 8 9 5 ), $101,096; locom otives, 6 ; cars, 337. Earnings
-24 miles were 80 lb. steel, 166 miles 70 lb., 386 miles 60 lb. 11 miles fo r year ending Dec. 31, 1895, gross, $84,148; net, $32,142; interest
56 lb. Tile branches (152 miles) were m ostly 52-60 lb. steel. Trestles $40,500; balance, defied, $8,358. President, S. M. F ischer, Chicago, 111
Ju ue 30, 1896, aggregated 63,367 feet, w ooden bridges 4,145, iron
Woonsocket Sc Pascoag B B .—Owns road from Woonsocket,
bridges 7,921 feet on main line and branches.
R. I., to H arrisville, 9 miles. Incorporated 1889. Leased to N Y &
H isto ry , E tc .—Organized June, 1887. The lease to the Northern N ew E ngland, but in Ju ly, 1896, the N ew England RR . purchased the
entire capital stock—see Y. 63, p. 698. Stock, $2 00,0 00; par, $100.
Pacific (see V. 51, p. 713), was canceled Sept. 25,1893. V. 57, p. 548.
The Chicago Wisconsin & Minnesota, from Sckleisingerville to Chicago
Worcester Nashua & Bochester B B .—Owns from W
orcester
< Northern Pacific terminals in Cook County, 111., 122 miles, is leased in v ia Nashua to Rochester, 94 m iles. C onsolidation 1883.
fe
perpetuity. Rental is 37>a per cent o f gross earnings, less Its propor­
Leased for 50 years from Jan. 1 ,1 8 8 6 , to the Boston & Maine at ren­
tion of terminal oharges; hut surplus rental over $350,000 yearly is tal o f $250,000 and taxes. Total profit and loss deficit June 30 1896,
divided equally with lessee. A s to Mil. & Lake Winnebago, see that Co $453,928. Loans and bills payable June 3 0 ,1 8 9 6 , $180,000 Divi­
In A pril, 1897, it was proposed to reduce the Chicago W. & M. and dends : From 1887 to 1893, 6 per cent y e a r ly ; in 1894, 5 p. e.; in 1895,
Mil. & Lake W innebago rentals.—V. 64, p. 713.
5 p. c.; in 1896, 5 p. c.; in 1897, Jan., 2 ^ p. c. (V. 60, p. 525, 749.)
R eceivership .—Sept. 2 7 ,1 8 9 3 , H. F. W hitcomb and H ow ard M orris
Y o r k S o u t h e r n BB.— o a d .—Y ork to Delta and South Delta
R
were appointed receivers. V. 57, p. 557. In 1894, $1,650,000 certificates 37 miles (standard gauge), with bran ch from D elta to Peach Bottom
we e sold aud the floating debt paid off, releasing over *2,000,000 o f Pennsylvania, 4 m iles (gauge 3 ft.).
eollateral. V. 60, p. 84. in May, 1895,the balance o f $350,000 were
H is to r y .—Organized N ovem ber 1st, 1894, and purchased the nar­
sold for new heavy steel rails aud other physical im provements. The
leases o f the Milwaukee A Lake Winnebago and Chicago W isconsin A row-gauge road form erly know n as B altim ore & Lehigh RR. in Penna.
The p roperty w as im proved and opeued as a standard gauge road from
Minnesota w ere suspended in 1897.
Y ork to Delta and South Delta ou O otober 22d, 1895, and has been
D eeujlts .—Interest on Wis. Central Company 5s due July 1 ,1 8 9 4 operated since February, 1896, u n d e r d o s e traffic con tra ct relations
is in default. On W isconsin A Minnesota first 7s, interest due A pril w ith the P ennsylvania RR . system.
1 ,1 8 9 7 , was not paid. -V . 64, p. 713.
Stock and B onds . - C apital stock is $600,000 (par $50). Y ork and
R e o r g a n iz a t io n C o m m it t e e .— In July, 1894, George Coppell, W
Peach Bottom , Series “ A ” bonds are fo r $17,500, interest A. A O.;
Bull, John Crosby Brown, Fred. T. Gates, James C. Colgate a
Series “ B” bonds are for $202,450, interest M. A N. Car trusts D e e .
Gerald L. H oyt, o f New York, R owland Hazard o f R hode Islax
3 1 ,1 8 9 6 , $16,000 of 6 per cents, due In m onthly instalments.
and Edwin H. A bbot o f Boston. Committee hopes to have a pi
E arnings .—F or 3 months ending Sept. 3 0 ,1 8 9 6 , gross, $19,257; net,
ready by summer o f 1897.—See V. 62, p. 4 2 ,1 3 9 ; V. 64 p 713
$8,706. F or year ending June 30 ,189 6, earnings, passenger, $19,262;
Depositary, United States Trust Co., New York. In June, 1895 abo
freight, $42,121; express, etc., $4,884; total, $66,267. Operating ex­
$7,530,000 m ortgage 5s and $1,150,000 incom es had been deposited
penses, $46,610; net earnings, $19,657. N ote.—During the first, quarter
STOCKS.— Pref. (6 p. u. cum .), *3,000.000; comm on, $12,000 00
o f the fiscal year euding June 3 0 ,1 8 9 6 , the w ork o f reconstruction from
V oting po wor on entire stock is hold by Messrs. Colby, H oyt and Ab'bo
a narrow gauge to a standard guage interrupted traffic. President,
W arren F. W alworth, Cleveland, O.; Treasurer, C. C. Frick; Secretary,
B o n d s .—The total issue o f Wis. Cent. RR. consol, mortgage, ttrstserii
M. H. Houseman; general office, Y ork, Pa. (V. 62, p. z79, 987.)
bonds is $3,727,500, o f which $1,522,000 in the hands o f the public i
eelved interest regularly to Jau. 1,1897, and $2,205,500 are held bv t
Z a n e s v i l l e Sc O h io B i v e r . —Owns from Zanesville, O., to H arWis. Cent. Co.; on these latter Interest amounting to $56,050 was d
mar, on the Ohio River, opposite Marietta, about 80 miles, including
and unpaid J line, 30,1896. The total issue o f second series (incomes!
branches, 3 miles. In A u g., 1889,interest wasdefaulted. Foreclosnresuit
$5,314,500, o f which only $12,000 arc In the hands o f the public T
In progress. See V. 50, p. 140. On J u l y l 9 , 1892, J. H.ipe Sutor was
improvement bonds o f 1891 (total authorized issue $12,000,000) a re t
made receiver. See V. 55, p. 147. Stock, $2,000,000. Total funded
loint and several obligations o f the Wisconsin Central Co. and Ra
debt June 30, 1895, $2,000,000; equipm ent obligations, $113,034;
road Co. and aro collaterally scoured by purchase m oney first 1
1
receiver’s certificates, $1 3,00 0; current liabilities, *777,895. In year
upon all property bought with their proceeds. Full statement in
ending June 30, 1896 (see receiver’ s report, V. 63, p. 556), gross
53, p. 22, 757. rile equipment notes o f 1896 cover 1,000 cars
$126,453; net, $19,301; taxes, $4,415; ‘ ‘interest on certificates,” $948.
Chicago Wisconsin < Minnesota Ry.—Capital stock Is common $
*
balance, surplus, $13,938; no interest paid on bonds. In 1894-95
04 0,00 0; preferred 6 p . c. cumulative, $1,560,000. First dividend i
gross, $1 17,722; net, $14,021.—(V. 61, p. 1 0 1 0 ; V. 63, p. 5 5 5 .)

MISCELLANEOUS

COMPANIES.

The following pages (Nos. 141 to 152, both inclusive) contain the leading industrial companies. Some additional
statements will be found on pages 153 and 151. while various gas companies not included in either place are on page 155.
The complete reports for N e w York and Brooklyn Trust Companies will be found in t h e January S u p p l e m e n t .
B onds—P riijc i
IN T E R E S T OB D IV ID E N D S .
______________ M ISC E L L A N E O U S,____________________>
D a te S iz e .o r
p a l. W hen D u e "
Par
of
K ate P e r W hen W h ere P a y a b le , and. b y •Stool-*-—L a s t ,
f o r e x p la n a tio n o f co lu m n h ea d in g s, A c., s e e n o te s on
P a ya b le
W hom .
B ond s V a lu e. O u tstan d in g; < * _ .
first p a g e o f ta b le s .
D iv id en d .

Adams Stowe*#—8toek...........................................................

A m erica n Bell T elephone—8 to c k ,$ 5 0 .0 0 0 ,0 0 0 , a u t h .b r la w
D eb en tu res, su b ject t o ca ll a t 1 1 0 ................................... c * r

$100 $ 1 3 ,0 0 0 ,0 0 0 -8 p e r a n . Q .— M. N ew Y o r k , 5 9 B r o a d W y
100 * 2 3 ,6 5 0 ,0 0 0 S ee t e x t . Q .—3 . iB o sto n , Cutup’ y ’s Office,
*
**
jF . * A .
do
ao
2,000,000 1
1,500,000 See te x t..M. A S .'S . Y „ Office, 1 B'dway.
3
100 •7Q ‘> 7 100 1
10*198^600 S p e r an. J . ' & D .iN . Y ., W iu slo w , L. & Co.
100
-------------~ g. Q.—P.
do
do
s
1,000 3 .0 6 8 .0 0 0
8
100
....... I S . Y ., Office, 8 D e y S t
3 ,8 4 4 ,7 0 0 IS ee te x t.
* J. N .Y ..C o.'sO L, 65 IS'wa}'
1 8 .0 0 0 . 0 0 0 0 p er an.
100

1 888

5 0 0 A c.
25

American fo a l I'Marytaiub—Stools.........................................
,1 ,
a n i S f C E ; . ;i, T i ; ! , . .

Fret, s to ck 8 p er c e n t n on -cu in .. su b . to ca ll at 1 0 5 ........
D ebentures f o r $S .0 0 0 ,0 0 0 , su b ject t o ca ll a t 1 lO .g old .c* 1 89 0
A m erican D istrict Teteg.—S to c k , $ 4 ,0 0 0 ,0 0 0 a u t h o m e d ....

American fejm tss—S tock ........................................................
American Soda Fountain—C om m on s t o c k ............................
First p re fe rr e d . 8 p e r ce n t c u m u l a t i v e .. ...........................
S econ d p r e f e r r e d .8 per cu nt c u m u la tiv e ..............................
A m erica n S p irits it a n u f.— C om m on s to c k , $ 2 8 ,0 0 0 .0 0 0 ..
F r e t s to c k , n tu i-oira . "p r e fe r e n c e lim ite d t o o p . e . d l v , ''
1st m ost.. 8 2 ,0 0 0 ,0 0 0 e „ su b j. t o ca ll a t 105 a. t............. o*•
American Steamship—Stock, authorized, 8 5 ,7 0 0 ,0 0 0 ........ I
A ce rica n SlratcbcMi-d—S to c k .............................................
.
1st m o rtga ge . g o ld , s u b je ct t o ca ll a fte r F eb ., 1901
American S uga r Bejlning—C om m on s t o c k .................
■
|
' Fret, s to c k , 7 >. e. cu m . (see e d ito r ia l in M a y,'8 8 , S u p .) .
l i t m o rtg a g e f o r $ 1 0 ,0 0 0 ,0 0 0 , n o n e issu ed t o D e c ., *96.
!;
Am erican te le g ra p h A Gable—S to c k ...........................................
American tobacco Go.—C om . s to c k , 6 2 1 ,0 0 0 ,0 0 0 auth—
Pref. s to c k . 8 p c n on -ca m .; p ref. a* t o a sset* a n d d iy *
l D ivid en d s crip (Issued M a r 1. 1 9 9 6 ).................................
'I
Am erican Type fo u n d e r * —S ta ck , $ 4 ,0 0 0 ,0 0 0 ...............
D eb en tu res, g o ld . $1,00*1.000 (see t e x t ). ............... ....... c*

1

io o

100
io o

100
100
1 895
.... i
1891
— - 1
....

!

....
[
1 89 6 .

1 ,0 0 0 i
100 {
io o
1 ,0 0 0 ;
ig g
1 ,0 0 0
1 00
50
100
io o

A m e r ic a n B e l l T e l e p h o n e C o .—O n D e cem b er 2 0 , 1 8 9 6 , th e
com p a n y had 7 7 2 ,6 2 7 in stru m en ts in use tn h a n d * o f lice n s e e s,
against 6 7 4 ,9 7 6 la 1895. O n J a n . 1 , 1 89 7 . th ere w ere 3 3 6 .8 5 9 m ile* o f
wire, a ga in st 4 5 9 ,7 2 8 m ile* In 1 8 9 6 ; n u m b e r o f sta tio n s w a s 3 2 3 ,7 2 0 ,
a g a in -’. 2 8 1 ,6 0 5 !n 1 8 9 6 . T he A m e r ic a n T e le p h o n e A T e le g r a p h Co.
con trol* the l o o k d is ta n c e lin e*; Its c a p ita l s t o c k I* $
,
,
,
increased tr an $ 1 2 ,0 0 0 ,0 0 0 In J u n e , 3 896. V . 6 2. p. 1 176.

,
1
,
l

M c h .l , ’ 9 7. 2 %
A p r. 1 j,’ 9 7 ,3 %
A u g . 1, 1 89 8

Moh.1,-97,4%
D e o . 1 , ’ 9 6 ,3 %
N ov. 1. 1 90 0
M oh. 1,’ 9 7 . 1%
J a n . 2 , ’ 9 7. 3 %
N .4 '9 6 . I V ’ b

S ee te x t,
1 .2 5 0 .0 0 0 f N o n e )
do
1 .2 5 0 .0 0 0 ' F e b . . '
do
N ov. 4 ,’
1 .2 5 0 .0 0 0 |{ 1 89 7 . > i
N ew Y o rk ,
2 8 .0 0 0 .
000 ;
....
do
7 .0 0 0 .
0 0 0 !. . . .
do
S ept. 1 ,1 9 1 5 .
2 .0 0 0 . 0 0 0 ■
6 g.
1 ,2 0 1 .4 0 0 !
....
6 .0 0 0 . 0 0 0 iSee te x t.
S ee te x t.
F eb , .
B o sto n . In te rn a l T r. Co. com . 1, 1 911
9 8 9 .4 9 9
6 g.
....
3 6 ,9 6 8 ,0 0 0 -See te x t.; Q . - J . N . Y . O ffice, 1 1 7 W aU S L A p r. 2 . *97, 3 %
o „ nao arm 7 -----.... See
'
'd o
*'
,V}>r. 2'97,1 V,J
3 6 .9 0 9 .0 0 0 a p e r au. O — te x t;
do
.................
6
J. A J. N. Y „ C e n tra l T r u s t Co. J a n .. 1 9 1 1 '
1 4 ,0 0 0 ,0 0 0 5 p e r an. Q .—M. N. Y .. W est. U n io n T el. M elt.,'9 7 , U s “,
1 7 .9 0 0 .0 0 0 See te x t.; .............X . Y . , F a rm . L .A -T r. Co. M a v 1 , * 9 7 ,2
1 1 .9 3 5 .0 0 0 8 p e r. ait Q .—F . s
do
do
M a y 1, ‘ 8 7 ,2
3 ,6 8 0 .8 0 0
6
M. & N.
do
do
See te x t.
.
.
;
....
!
....
.................
1 9 6 ,0 0 0 I
6 g . M . & N ,‘............... ........ ................
1920

4 000000

1 96 ,87 5 ; to ta l d eficit f o r y e a r , $ 2 5 7 ,9 5 4 . In 1 8 9 5 . n e t e a rn in g s w e r e
3 2 1 .7 2 7 . T o ta l su rp lu s D eo. 3 1, 1 89 6 , $ 6 6 ,9 1 4 . (V . 0 4, p . 2 3 3 , 2 8 4 .)

S

A m e r i c a n S p i r i t * J I a n t t f a c t u r i n e , — O r o a n t z vrtosr.— I n c o r ­
p o ra te d la N e w Y ork A u g u st 2 2 , 1895, an d p u rch a se d th e b e st o f th e
D totlU ing A C a ttle F e e d in g p r o p e r ty , per p l a n in Y , 6 0 , p . 4 8 0 ; V. 0 4,
p . 8 1. T h e s ix te e n d istille rie s h e ld a re as f o l l o w s : (II Oamed in f e e
Contract o f 1873 with Western Union Telegraph expired N or.1,1896. (b o th la n d ; b u ild in g s , e t c .), C e n tra l o f S t, L o u is. R iv crd ttle a n d Shu
feUU o f C h ica g o , S t, Paul o f S ou th St. P a u l, S ta r & C re sc e n t o f P e k in ,
V. 63, p. 563.
li!.. W o o d ie r f2i o f P e o ria , t i t (2) hetm l h a l f ow n ed , h a lf le a s e d ,
Stock ,—Tn M arch, 1 8 9 7 , s to c k Increased 1 0 p. a. ($ 9 ,3 6 5 ,0 0 0 ), to L a to n la o f M ilM a lc, K y „ (3 ) B u ild in g * , m a c h in e ry , e t c ., o w n e d , b u t
$28,015,000. one-halt the new Issue payable Ju ly 1 and one-half Oct. 1, M a o , iicid u n d e rle a s e ; * ;r «a t W e ste rn , M a n h attan , M o n a rch . N o r th e r n
1.897. V 6 4 , p . 6 6 3 , 706. Loans p a y a b le (A p riL 1 8 9 6 ). 8 3 ,1 2 0 ,6 1 6 .
P e o ria , a ll o f Pworia, 111.; W *bn*h o f T e r r e H a u te , I m l.. M a d d u x
H o b a r t o f C in cin n a ti. H a m b u r g o f P ek in . In J u ly , 1 89 6 , th e d a ily
D ir il.i Xt>*— 5 1 8 8 8 -9 1 . 1892. 1993. 1894. 1 89 5 . 1 89 6 .
1897.
Per c o o t
t 13 y 'r iy .
15
1'
18%
15
15
g e e b e lo w , c a p a c ity o f th e a b o v e p lan t* w a s sta te d t o b o 4 7 ,4 0 0 b u sh e ls, w h ich
w o u ld p ro d u c e 2 2 9 .0 0 0 ga llon * o f dhttUled sp irit*. S ee V . 6 3 , p . 152.
l a 1897, J a n u a r y , -4** p er c e n t; A p r il 3 p e r c e n t.
Am ur At. B r r o k T .—F o r 1 6 9 6 , w ith b a la n c e sh eet. In V . 6 4 , p . 6 6 1 .
j T h e S p irits D is tr ib u tin g C o. !* o r g a n is e d to h a n d le , if n e ce ss a ry , t h e
e n tire p ro d u ct o f th e A m . S p irits M fg. OU„ w h ich o w n * all th e co m m o n
1H90.
1895.
1991.
1893.
I s to c k f o r $ 3 ,6 7 5 ,0 0 0 , A n d w ill p a y y e a r ly $ 1 0 0 ,0 0 0 t o r d iv id e n d s on its
T ear en d in g Dee. 31.
: Total g ro ss e a rn in g s ------ ♦ 5 ,5 1 7 .4 2 0 $ 5 ,1 2 4 ,0 5 3 $ 4 ,8 4 8 ,2 4 4 $ 5 ,7 8 1 ,0 7 6 p re fe rr e d *tnck. etc. s e e s ta fe tn e n t t o r th is c o m p a n y in V . 6 2 , p. 3 1 8 .
Seteara.. inci. tnt-.ek’ ges 3 .3 9 3 ,5 8 1 3 .2 1 3 .7 5 9 3 ,1 2 3 ,7 9 5 3 ,9 2 5 .4 8 5
S t o c k . On N ow Y o r k S to c k E x ch a n g e $ 2 7 ,5 9 4 ,7 2 0 co m m o n a n d
< Paid dividend*................ 3 ,3 6 1.2 3 3 3 ,1 3 2 ,4 5 3 34800,000 3 ,3 3 9 ,1 3 6
.
$ 0 ,9 9 8 ,6 8 0 pn-ft rred h a d b o o n lis te d t o A p r il 2 0 ,1 8 0 7 .
O r r ic a .—B o s t o n . M » * * . - ( V . 6 4 . p. 6 0 9 . 6 6 I , *912, 7 0 6 , 7 3 8 .)
BOKO*. - M ort. tru ste e M a n h attan T n i* l Co
A ll o r n a y o f th e b o n d s
A m e r ic a n C o a t .—Coal mine* at B a r to n and L ow tam tug, M ary- ■witen d ra w n m a y b e p a id at 105 . S ink, fu n d i* 5 p. o. o f n e t e a rn in g s,
iM d . D iv id en d * 1 8 9 4 , « * s p, <*„; In 1 8 9 3 ,7 p , e .; In 1 8 9 6 ,8 p . t o i B a l a x c k 8 h * kt .—T h e b a la n c e sh e e t M a y 3 1 ,1 8 9 6 , w a s :
; 1897, Mar., 4 p. cl If. Y . o ffice . S o . 1 B roa d w a y .
A*Mt$
L ia b ilities.
A m e r i c a n C o t t o n o t l . —* to o iX U a T io x .—In co r p o ra te d O ct. 12
Propertl*-* a t co s t
$36,330,372 j Accounts payable
$ 1 4 ,8 0 0
1889, un<l*r the la w ? o f N ew J e r s e y , t o s u cce e d th e A m erica n C otton B ills r e e e lv a b ie ...........
7 5 ,6 8 3 1 Bill* pays!)
.
. .
250.000
Oil Trust, o f which it was a reorganization. Owns 70 crude otl mill*. HI A o c o a n t s r e c e iv a b le ..
8 3 0 ,8 9 0 1 R eal e s ta te m o rt.n o te a
105.000
*refineries. 4 la rd p la n ts , 9 s o a p fa cto rie s, 1 4 c o t t o n g in n e rie s. 3 c o tto n ; In te re s t in d p trlt* D is­
I A d v sn co a b y rec’ r D .
compressors and 2 fertiliser fa ctories; tn all 118 properties; A u*. 31,
t r ib u tin g C « .............
175,900 | A C. F. (eonUngent).
180,187
1394,15 o f the properties were dorm ant and IS dismantled.
1 7 3 ,6 0 3 ; A c c r u e d c h a r g e * .........
S pirit* in p r o c e s s ,......
39,197
2 2 ,8 2 5 F irst m o r t g a g e b o n d s .
C l f f l t t 6TUCK.—C om m on a u th oriz ed , $ 2 0 ,2 3 7 ,1 0 0 ; p re fe rr e d , 8 1 4 ,- * L n e x p lr e d in s u ra n c e .
2,000,000
562300, o f which$ 4 3 6 3 ,7 0 0 bold to exchange fo r :h» debentures. Prof,
1 2 9 ,03 9 I C ap ita l s t o c k ................. 3 3 ,0 0 0 ,0 0 0
stock to en titled t o 6 p e r c e n t, oon -tu u n n la U re, a n d 1* s u b fe ct t o ca ll a t ; C ash h eld f o r b o m i * . ..
109.334 I Surplus
236,461

20 0 0000
0

103. See prof. certificate In editorial o f May, 1893.8cri-i.R H ext .

$ 3 7 ,8 4 3 ,6 4 5 |

B m o t s i a —P referred s to c k fr o m J a n e , 1863, to D e ce m b e r, 1*9*4,

$ 3 7 ,8 4 5 ,0 4 5

both Inclusive, paid 6 per cent per annum <3 p. e. semi annually).
D ir b c t o b * .—8. M. R ice. J u le s 9. B a ch * . T . IT. W e n tw o rth , F . M . L o c k .. DMCXTClt* Boktm.—’The debentures are subject to call at 110, on tw o , w o o d , H e n r y 8. K e a rn e y . N ath an B liu r and S te p h e n D . B a y e r, o f N e w
Y o r k C ity ; W llttam K. B u t to n , o f in n c t n n a t !; F .dw ani 8 , E a s to n am !
months' notice, and no m ortgage lien can be e r e * to l w ithout the written
toasent o f the holders o f 80 per cent o f them. Debenture, bond* for ; W a lte r B a rk e r, o f P e o ria , l i t O fficers: P re sid e n t, 8 , M. R ice ; V ic e 1938,000 were canceled to 1991 to 1893. to May, 1896, the coiupanj I P re*td sn l, J u te* s . Ita c h e : S e cre ta ry and T re a su re r, T . H . W e n tw o rth ,
decided to redeem n o more, debentures before m aturity. V, 62, p. 867. >O ffice, Mill* B u ildin g, N. Y . |V. 6 8 , p- 2 9 , 1 1 3 , 1 5 2 ; V. 6 4 , p. 8 1.)
Awrtut, B iepobt.—Fiscal year end* A agust 31. Annum m eeting A t ! A m e r i c a n s t e a m s h i p . —S tock a u th ortted ,$ 5 ,700 ,000 : p ar,$10 0j
itockho'cSers on the first Thursday o f Dmumber. Report for 1895 06 1 paid In. $1,201,400, Biituf* paid off Oct, 1 ,1 8 9 0 , by Penn. KR.
ess published at length tn V. 63, p. 1007. 1019. On June 30, 1896,
1
'here were no bill* payable, §1,015,000 having boon paid in 1895-08. | A m e r i c a n 8 . r a w B o a r d . —S e e this St:!-i-i.»:MIIXT. p a g e 153.
For the year ending Aug. 3 1 ,1 8 9 0 , the profits o f the whole business
A m e r i c a n S u g a r K r O n l n g . —'This N e w J e rs e y c o r p o r a t io n b e ­
Fere $886331 le«* expense* o f administration. Interest on bonds, fire.,; ca m e to J a m , 1891, tin- o w n e r o f a ll th e p r o p e r ty t h e r e to fo r e b e lo n g in g
W U H l balance. net Ineotne. $0 84 ,7 9 9 ; dividends paid, $ 6 ! 1 3 1 6 ; to th e S u ga r R eftnerte* Cm o r ig in a lly orga& U ed In 18 9 7 . S e e r e o r g a n ­
.« L ,d e f.,$277,117, The profit* com pare as fo llo w s: Y ear 1891-92. isa tio n p la n , V . 5 1 . p. 60S*. C a p ita l s to c k , o r ig in a lly $ 3 0 ,0 0 0 ,0 0 0 .
<2327390 ; 1 8 9 2 9 3 . * 1 3 0 0 .0 4 0 ; In 1893 9 4. 8 1 .4 2 5 .1 3 2 ; In 189 4 -9 5. wa* In creased la J a n ,. 1 8 9 2 . to $ 7 5 ,0 0 0 ,0 0 0 , to a cq u ire the c a p ita l
il.5 6 5 ,8 6 2 ; In 189 5 -9 6, 8 88 6 .4 3 1 .
B a s e r o i t s .—(E tectod N o v e m b e r. 1896) E d w a rd J>. A d a m s . T . R
fiianey, Charles F. Clark. James A . Darland. Charles Lanier, It. F.
'i-ftaro, (M arge A. H a rris o n , f t T . W ilson , E. V m u h a rt, J. K en n ed y

bd. William Barbour, all o f New Yura C it y ; J. F. Chamberlin,
-ammit, N . J . j M. F rank. A tla n ta . B * .; G a rret A . H ob a rt, P a terson .

* J-; John It- H u m , S t fsouts. Mo.; President and ebslru m b Board
■
> IMreetor*. U. A- M orrison, ! ' ! « - ? « « , Robert F. Munrn: 8<*«- and
teas., Justus K. Ralph Offiee, 46 Cwlar 8 4 , N. Y .-| V . 62, p. * « 7 ;
63.1*. I O u7. 1008, 1 0 1 9.)
A m e r ic a n D i s t r ic t T a t e c r a p b .- A e e a rt-rtE w e v r o f Jan., 1893.
•
’
-*
c'
. ' ) • I i ■. ,
hbW ln* CMS*. *3 15,840. !»cf. $ 5 7 ,1 3 2 : d iv id e n d s (1 p , c ,8 3 8 111.
al.sur. for year. 318,711. In 1895, gross. 3 3 5 t3 5 J ; net, 1*0.633.
otalsurplus Dec. 3 t. 1896,854,713. D i v i i .r .s i « - t o 7 - 9 3 . paid 33i p.
■ 'a 139*. May. 1 p.c.; In 1893. 3 p. r.; in 1896. Aug.. 1 p. o.; In 1897,
j
* p. i'- Office, 8 Dey 8 t . N. Y. C H y .-V . 64. p. 3-17
t m e r t o a n P .le e tr le l l c a t l t t g . —Bee this 8Pt*PUtKit*rr.page 153.
t n t e r le a n K * p r e s s , —ah “ A osoclattna” fo r m o l u n d e rth o la w s
New York s ta t e in t«5 < j and I**)*, s o t a n Incorporated eotnpattT.
IvWMffis. 0 p. o. yearly since 1682. President, J. C. Fargo, N Y..
r,'»* .Charles D. Clark. Office 63 B’ way. N. Y. City. (V. 5 «.p. -Vx).S78.)
A m e r ic a n f i r o o c r y . —See page 153.
t m e r le s n s o d a F o u n t a i n C o . —F o rm e d in 1891 fin d er la w * o f
ew Jersey to manufacture soda water apparatus and supplies.
Bm«BKt>8.-<>n 1st Bn
cL; In Feb., 1897, none.

M *96.1*, pc.. Aug.
ay,

- *H, p. 3 3 2 .2 8 4 .
Optkfiai. FlXsaCtA—On I>#r. 31, 1896, there were loans m nse® w »PO »y b y Its m an ager* o f $ 3 0 2 ,6 3 7 .tod a d d ition a l
•llatwa™ ^ » n o » « w » o f $ 1 ,0 0 3 ,8 0 8 secu red b y eiM tom er*' n ote* a*
k **v *1-Kk IO K -'.-ru ra l year emis Dee, 31.

Report for 1896 in V,
■ p. 28t, showed lose on operations o f $61,079; dividend* paid.

s t o c k o f th e fo u r P h ila d elp h ia rellnoric* a n d a c o n ;r o llin g In terest In
th e B a ltim o re re fin ery. S p re ck e ls’ s re fin e r y in C a lifo rn ia is u n d er a
lea se f o r ten yea r* t o th e " W e s t e r n S u ga r R e fin in g C « „ ” o f w h ich t h e
“ trust” o w n * o n e -h a lf the s to c k .
In F e b ru a ry , t * « 7 , .iffi.-laliy s ta te d t o c o n t r o l a b o u t 7 5 tier c e n t.
(1 ,2 0 0 ,0 0 0 to n s) o f Hto o u tfit o f refined s u g a r in tlia t in n e d S tates, as
1u Q ilU t 9 0 jH-t ce n t fo r m e r ly .—V. 6 4 . p. 3 2 8 .
! F ttrobnse o f co ffe e p la n t* , s e e V . 0 3, p . 1 1 3 7 ; V . 6 4, p . 4 0 , 1 3 3 , 6 0 9

S tock . —Stock author!»t>*l is $75,000,000, o f which half preferred.
D tv io E x ij* .— P referred s to c k in fu ll t o d a te.
On p o rtto n o f p r e ­
ferre d d iv id e n d s a re Q .—J .; o n b a la n c e , J .A J . O n c o m m o n . In 1 8 9 1 ,
J u ly , l p e r ce n ts 10 1 8 9 2 .1 0 4 p . c . ; in 1 893. 2 1** p , C.; in 1 8 0 4 . 1 2
I p .c .; In 1 8 9 5 .1 2 p.c..; In 1 8 9 6 ,1 2 p .c .; in 1897. J a m . 3 p .c .; A p r il, 3 p .c .
N o re c e n t a n n u a l r e p o r t hits b e e n m a d e ,— V . 6 4 , p. 133 .
OKNBKAL II4IAXCB SHEKT.
D r e .r u ,'9 0 .
Dec. 3 1 , 9 5.
B ee. 3 1 , '9 4
R eal e sta te a n d m a c h in e ry . $ 4 3 ,1 4 0 ,7 7 0
$ 4 3 ,1 4 0 ,7 0 9
$-13,119,866
C ash and d eb ts r e c e iv a b le .
2 1 ,7 7 8 ,4 1 7
2 1 ,0 7 4 ,2 9 3
1 9 ,4 2 8 ,0 0 0
fm p re v e m e n t a c c o u n t '.. ,.,
6 ,6 1 9 ,0 0 3
6 ,2 8 7 ,2 3 2
5,007,">08
Investtn’ t* In o t iie r c o m p ’* .
2 3 ,2 3 1 ,4 3 5
2 5 ,6 9 2 ,0 0 0
2 0 ,2 0 1 ,5 9 9
S u ga r, t a w M id re fin e d .......
1 3 ,8 6 4 .2 0 7
1 2 ,4 0 2 ,7 7 7
1 0 ,7 4 2 .4 5 6
T o ta l a s » e t ......................... $ 1 1 3 ,6 6 2 ,8 6 2
C ap ita l s t o c k ........................
$ 7 3 ,9 3 6 ,0 0 0
D e b t* ............................................
2 7 .5 3 0 ,9 4 2
R e s e r v e s .....................................
1 2 ,1 8 5 ,9 2 0

$ 11 2 .2 5 7 ,0 2 1 $ 1 0 5 ,0 9 0 ,4 8 4
$ 7 3 ,9 3 6 ,0 0 0 $ 7 3 ,9 3 6 ,0 0 0
2 5 ,1 3 9 .7 0 5
2 1 ,3 9 4 ,0 0 0
1 3 ,1 8 1 .2 5 0
9 ,7 0 9 ,4 8 4

T o ta l lia b ilitie s ............. .* 1 1 3 ,0 5 2 ,9 6 2 $ 1 1 2 ,2 5 7 ,0 2 1 $ 1 0 5 ,0 9 9 ,4 6 4
* C h argeable t o th e " re se rv e s,” re d u c in g them to $ 5 ,5 0 7 ,9 1 7 .
D i r e c t o r * .— K . O. H a v o m c y c r ,T . A . B a v e m e y e r , F , O . M a tth ie s e u ,
J. B , Hear lea, W m . D ick , W , B . T h o m a s. J o h n E. F araon*. T re a s u re r,
J o h n E. Hearle*. N. Y .. office, 117 W all S treet. (V . 0 4, p . 4 0 ,1 3 3 , 3 2 8 ,

*309, 6 6 1 .)
A m e r i c a n T e l e g r a p h Ac C a b le ,—O w n s t w o c a b le s b e tw e e n N o t *
B eotia a u d E ngland , L e a se d to W estern U n io n — w hioh see.

INVESTORS’ SUPPLEMENT.

14*2

[VoL. L X IV

s u b s c r ib e r * w ill c o n fe r a g r e a t fa v o r b y g i v in g I m m e d ia t e n o tic e o r a n y e r r o r d is c o v e r e d I n th e s e T a b le s ,
D o /u f s - P r i n c i ­
IN T E R E S T O R D IV ID E N D S ,
M IS C E L L A N E O U S .
_ _ _ _ _ _ _ _ I D a . i Size, o r
te ~ -------p a l, W h en D u e.
A m ou nt
W hen W h ere P a y a b le , a n d by Stocks—L a st
of
Par
F o r tix oia n a tloa o f colu m n hea d in gs & o., see n otes on
O u tsta n d in g R a te P e r
I B o n d s V alu e.
Cent.
P a y a b le
W hom .
first p a g e o f tables.
D iv id en d .
D a m n / <t Smith Oar—C om m on s t o c k .....................................
PrefT stock . 8 p. e. cu m ., p ref, as to d iv id en d s o n l y .........
1 st m b it., g o ld , su b ject t o c a ll a t 1 1 0 a fte r J u ly 1 ,1 9 0 2 ..
B an sta te Cas—B o sto n Un. G as 1 s t M .,s.f.',call a tlO S .g .c *
do '
do
2 d M ., g old ($ -1,00 9 ,0 0 0 )............. .
B a y S tate G as in co m e s — .........................................................
B oston T erm in a l Co —1 st m ortg a g e, g o ld , sh ort te ra u o & r
do
L o n g term b o n d s, 1st m o rtg a g e ,’ cu r r e n c y ..o & r
B r o o k ly n U nion Gas—S t o c k ,$ 1 9 ,0 0 0 ,0 0 0 ..............................
l » t con ., $ 1 5 ,0 0 0 ,0 0 0 , g .ffo r u n d erly in g b on d s see text)
B ro o k ly n W h a rf a- W. C .—P re fe r re d " A '1 6 p . e ., c u m ....
’o
P re fe r r e d **B” 6 p e r c e n t , c u m u la t iv e ................................
1st M ., gold , $ 1 7 ,5 0 0 ,0 0 0 ................................................... *&r
C am bria I r o n —S to c k .............................................................. —
B o n d s, $ 2 .5 0 0 ,0 0 0 .........................................................................
C entral Coal d C oke—P re fe r re d s to c k , cu m ., 5 p . c ...........
K eith & P erry g old M „ s. f., $ 4 0 ,0 0 0 y e a r ly ......................
C entral d South A m erica n re/ef/r«pA —Stoclt $ 8 ,0 0 0 ,0 0 0 ..
C hesapeake a Delaw are C anal—1 st M. (ex ten d ed in 1 8 8 6 )r
C hicago d A tchison B rid g e—1 st M. fo r $ 1 ,0 0 0 ,0 0 0 , g o ld ..c
C hicago E con om ic F u e l <Jas— 1st M ., g o ld ($ 5,0 00 ,0 0 0 ) ,c "
Chicago Gas—T ru st C o.’ s receip ts o f eq u itab le In terest...
P e o p le’ s G as L ig h t & C oho 1 st m o rtg a g e , g o ld , $ & £ . . o
2cl m o rtg a g e ........... ...................................................................c
1st con sol, m ortg a g e f o r $ 1 0 ,0 0 0 ,0 0 0 g o ld ................... c*
E q u ita b le Gas L igh t & Fuel 1 s t m o r tg a g e .......................c ”
C h ica go G as L igh t & Colco 1 st m o rtg a g e , g. (see t e x t ) ..o

0

1 892
1889
1 896
1 89 7

$100
100
1,000

1 ,0 0 0 4 c

1895

100
1,000

1 805

1,000

1 88 6
1885
1 893
1874
1 87 4
1893
1 885
1 887

100

5 0 0 , &e.
5 0 0 , &c.
500
500
500

1,000
1.000

8

T o t a l a s s e t s ........... .$ 4 0 ,7 8 2 ,6 0 7
T o t a l lia b ilit ie s ......... $ 4 0 ,7 8 2 ,6 0 7
D ir e c t o r s . —L ew is G in ter, T. F , J effries, G eorg e A re n ts, J a m e s B.
D u k e, B en iam in N. D u k e, G eorge W . W a tts, W . H. B u tler, J a m e s G.
B u tler, J o h n D oerh oeffer, W illia m A . M a rb u rg, G eo. W . G ail, J o s ia k
B r o w n e : Pres., J a m es B . D u k e ; S ec., J o s ia k B r o w n e : Trea-s., G eo.
A ren ts. N . Y. office. 5 2 7 W est 2 2 d St. V . 6 4 , p , 4 0 , 8 1, 5 1 5 , 663.
A m e r i c a n T y p e F o u n d e r s C o .—See th is S upplem ent , p. 153.
A m e r i c a n W a t e r W o r k s ( O m a h a ) . - V . 6 3, p. 2 8 , 7 5 ,1 1 5 .

I 8'

!S g'

J u n e 1 5 ,1 8 9 3
2 p . c. p a id M a r. 1, ’ 95. M a r. 1, 1895
J. & J.
N e w Y o rk .
J u ly X, 1 942
J. & J. N .Y ., M e r o h .T r.& L o n d . J a n .
, 1 939
J. & J.
do
do
■Jan,
, 1939
M. & N.
do
do
1 899
T e x t. B o s t o n , 18 S u m m er St. A u g, 1, 1 898
T e x t.
E eh.
, 1947
J. & D.
D eo. 1 , ’ 9 6 , 3 %
M. 4 N. B’ k ly n , P e o p le ’ s T ru st. M a y 1,
T e x t. N. Y ,, O ff.,
B ro a d . St. M a r. ,’ , 6 %

1
1

1

68

1945
1 97

000

1 .5 0 0 .0 0 0
5 6 0 .0 0 0
7 ,9 1 7 ,6 0 0
2 ,6 0 2 ,9 5 0 See
7 4 3 .0 0 0
2 .5 0 0 .0 0 0
3 5 .0 0 0 .
0 00
See

2.100.000
2 .5 0 0 .0 0 0
4 .9 0 0 .0 0 0

2,000,000
10.000.
000

5
g.
7
te x t.
g.
5 g.
te x t.
g.
g.
g.

A u g . 15 K a n . C ity , C o .’ s office.
Q - E . N. Y ., C hase Nat,. B an k,
©.—J - N. Y „ Office, 3 7 W all St,
.1. & J.
S ee te x t.
J. & J. J u ly ,’ 9 4, co u p , la s t p a id
J. & J. • N. Y „ C en tra l T r. Co.
N. Y ., C en tra l T r. Co.
M . & N. N. Y .. C ent, T r. & L o u d ’ n.
J. & D .
do
do
A . & 0 . N . Y ,, C en tra l T ru st Co.
J . & J. N .Y ., C en t’l T r . & Chle.
§ g ’ J. & J. O h go.,M ch ts.L .& T r.C o.
5 g.

6

6

6
6
6

A u g . J 5 , 1 89 6
M a y 1, 1 900
A p r . 9 , ’ 9 7 ,1 %
J u ly 1 , 1916
Jan . 1, 1915
J an . 1, 1916
F e b .2 5 ,’ 9 7 ,1 %
N o v . 1, 1 904
D e c. 1, 1904
A p r. 1, 1 943
J u ly 1 , 1905
J u ly 1 , 1937

B r o o k l y n . W h a r f A W a r e h o u s e . — O rg a n iza tion .— I n co r p o r­
ated J a n .
, 1 89 5 . O w n s w a te r fr o n ta g e in B r o o k ly n o p p o s it e N ew
Y o r k C ity 1 1 ,5 3 2 f e e t a n d le a se s 2 ,8 3 7 fe e t. S ee d e s c r ip tio n V . 60, p
9 2 7 . I n J u ly , 1 8 9 6 , P re s id e n t M c In ty re p u rc h a se d f o r $ 1 ,5 0 0 ,0 0 0 th e
R o b in s o n S to re s, e tc . See V . 6 3, p . 115 , 7 0 1 . F lo a t t o r e c e iv e fre ig h t
c a rs w as b u ilt d u rin g 1 8 9 6 .—V . 6 3, p . 879.
St o c k — C ap ita l s to c k (par, $ 1 0 0 ) ; c o m m o n ,$ 5 ,0 0 0 ,0 0 0 ;p r fd ., series
A , $ 2 ,5 0 0 ,0 0 0 ; p r fd ., s e r ie s B , $ 5 ,0 0 0 ,0 0 0 . P re fe r r e d s to c k s “ A ” and
“ B ” a re 6 p . c. cu m u la tiv e , b u t c a r r y n o rig h t t o v o t e . N o d iv id e n d s
o n co m m o n t ill a su rp lu s o f $ 5 0 0 ,0 0 0 sh a ll h a v e b e e n a ccu m u la te d .
D iv id e n ds .— On p r e fe r r e d “ A ” in 1 8 9 6 , M a rc h , 6 p . c.; 1 8 9 7 , M arch,
6 p e r ce n t.
B o n d s .—P u rch a se m o n e y firs t m o rtg a g e is f o r $ 1 7 ,5 0 0 ,0 0 0 . U n ite d
S ta tes M o r tg a g e & T r u s t C o. is tru stee. S ee V. 5 9 , p . 1 0 0 6 ; V . 60, p . 176.
A n n ual R epo r t ,— R e p o rt fo r y e a r e n d in g J a n . 31, 1 8 9 7 , w a s g iv e n
in V . 6 4 , p . 4 2 1 ; g ro ss , $ 1 ,8 5 9 ,1 9 0 ; n e t, $ 1 ,0 1 0 ,7 5 6 ; in te re s t, $ 8 3 7 ,5 0 0 ; b a la n c e , su rp lu s f o r y e a r, $ 1 7 3 ,2 5 6 . In 1 8 9 5 -9 6 : G ro ss, $ 1,6 75 ,6 8 7 ; n e t e a rn in g s, $ 1 ,0 2 1 ,1 6 7 ; in t e r e s t p a id o n b o n d s , $ 8 0 0 ,0 0 0 ;
b a la n c e , s u rp lu s f o r y e a r , $ 2 2 1 ,1 6 7 ,
O f f ic e r s .— Th o m a s A . M c In ty r e , P r e s id e n t; D a v id D o w s , J r ., F irst
V ic e -P re s .; 2 d V lo e -P re s. a n d T re a s., W illia m A . N a sh ; S a m u e l T a ylo r
J r ., S ec.— (V. 6 2 , p . 3 6 3 , 5 4 7 ; V . 6 3 , p . 1 1 5 ,6 0 1 ,7 0 1 , 8 7 9 ; V . 6 4, p . 421
C a m b r i a I r o n . - S ee th is S u ppl em en t , p. 1 5 3 .
C a n t o n C o m p a n y ,—See this Su pplem en t , p. 153.
C e n t r a l C o a l & C o k e C o . o f K a n s a s C i t y , O To.—S tock
lis t e d o n th e N ew Y o r k S to c k E x c h a n g e in J u n e , 1895. T h is co m p a n y,
o rg a n iz e d u n d e r th e la w s o f M isso u ri A p r il 1 6 ,1 8 9 3 , is en g ag ed in
M isso u ri, T e x a s a n d A rk a n s a s m th e m in in g o f c o a l a n d th e m a n u fa c­
tu re o f co k e , lu m b e r, r a ilw a y tie s , &e. I t ha s n in e c o a l shafts in
o p e ra tio n , w ith a re p o r te d a n n u a l o u tp u t o f a b o u t 1 ,0 0 0 ,0 0 0 t o n s o f
b itu m in o u s c o a l ; a lso t w o s a w a n d p la n in g m ills, h a v in g a ca p a city
o f 4 5 ,0 0 0 ,0 0 0 fe e t p e r a n n u m . T h e c a p ita l s t o c k Is $ 3 ,0 0 0 ,0 0 0 , o f
w h ic h $ 1 ,5 0 0 ,0 0 0 is p r e fe r r e d 5 p e r c e n t c u m u la tiv e .
D iv id e n d s
o n p r e fe r r e d p a id A u g . 15, 5 p . c. e a c h in 1 8 9 4 ,1 8 9 5 ,1 8 9 6 . T here a re
$ 5 6 0 ,0 0 0 o f b o n d s; $ 4 0 ,0 0 0 d ra w n e a ch M a y 1 a t 103 a n d in te re st to
A u g . 1, fo llo w in g . V , 6 2, p . 8 6 8 .

21

C e n t r a l & S o u t h A m e r i c a n T e l e g r a p h .— O w ns c a b le lin e from
V e r a C r n z , M e x ico , to V a lp a ra iso , C h ili, 4 ,7 5 0 m iles, an d la n d lines
350 m iles, etc. A ls o t h e T ra n s-A n d in e te le g r a p h lin e s, 1 ,2 0 0 miles,
pu rch a sed in 1 8 9 1 , and co n n e c tin g V a lp a ra iso w ith B u e n o s Avree,
C o n n e cts at V era C ruz w ith M e x ica n T e le g o a p h C o., a n d o w n s an inter­
e s t in ca b le b e tw e e n G a lv e s to n a n d C o a tz a co a lc o s, 825 m iles, etc.
in 1 89 5 th e P a c ific C able C o m p a n y w a s o rg a n iz e d to la y a ca b le b e ­
t w e e n S an F r a n c is c o a n d J a p a n and C hina, e tc. I t w ill b e operatedjinclo s e c o n n e ctio n w ith this co m p a n y .—V .
, p . 1065.
D iv id e n d s .—I n 1 8 8 5 a n d 1 88 6 , 4 p e r ce n t; in 1 8 8 7 , 6 p e r c e n t; from
1888 t o A p h , 1 8 9 7 , b o th in clu s iv e , a t ra t e o f 7 p . c. p e r annum,
p a y a b le q u a rte rly ; in M a rch , 1 8 9 0 , p a id s to c k d iv id e n d o f 20 p e r cent.
E a r n in g s —F o r y e a r e n d in g D e e . 3 1 , 1 8 9 6 , g r o ss , $ 9 2 2 ,6 2 8 ; net,
$ 5 6 2 ,8 1 2 ; d iv id e n d s (7 p e r ce n t), $ 5 4 0 ,7 9 2 ; b a la n c e , surplus fo r
y e a r. $ 2 2 ,0 2 0 . I n 1 8 9 5 , g r o s s , $ 8 9 0 ,5 9 7 , n e t, $ 5 6 8 ,3 2 5 . Office, 37 ,
W a ll S t., N . Y .— (V .6 0 , p . 5 6 0 ; V . 6 1, p . 8 7 0 , 1 0 6 5 ; V . 6 2, p . 6 8 2 .)

61

A t l a s T a c k . —See this S upplem ent , p a g e 153.
B a y S ta te G a s C o . —S tock, $ 1 5 ,0 0 0 ,0 0 0 ; p a r, $50.

2.000.
000
6,000,000
2,000,000

2.000.

500

1,000
1,000

0 00 5 g.
000

6

'Too

1 89 0

9 .0 0 0 .
3 .0 0 0 .

1 5 .0 0 0 .
000
5 g.
1 2 .3 3 6 .0 0 0
2 .5 0 0 .0 0 0
in ’ 9 7
5 .0 0 0 .
000 6
1 7 .5 0 0 .0 0 0
5 g- F. & A. N. Y „ U , S. M ort. & Tr. F e b . 1, 1945
7 ,9 7 4 ,5 5 0 I n ’ 9 6 ,4 % A . & O.
P h ila d e lp h ia .
A p r. 1, ’ 9 7 ; 2 %

50
1 897

6

1,000,000

1,000
1,000
1.000&C

8

8

2 .5 0 0 .0 0 0

500 &e.

A m e r i c a n T o b a c c o C o m p a n y .—O rga n ized in 1 8 9 0 u n d e r la w s
o f N ow J e rs e y t o m a n u fa ctu re an d sell t o b a c c o in a ll its fo r m s .—See
V . 6 4, p . 515.
S t o c k .—P referred is p e r cen t, n on -eu m u la tive, a n d has p re fe r e n c e
also as to “ a ss e ts ” iu ease o f liqu id a tion . See p re f. ce rtifica te in
ed ito ria l o f M a y, 1893, Su p p l e m e n t , P ref. s to c k [$ 1 4 ,0 0 0 ,0 0 0 a u th o r­
ized] w a s listed in Sept., 1 890. See a p p lica tion f o r lis t in g c o m m o n
s to c k o n N. Y. S tock E x ch a n g e In fu ll in V . 6 0, p . 838 . I n clu d e d in
ta b le a liove as o u ts ta n d in g co m m o n s to c k o n J an . 1 ,1 8 9 6 , w a s co m ­
m on sori p $ 2 7 3 ,0 0 0 , an d as p re fe rr e d s to ck , s crip f o r $ 1 8 2 ,0 0 0 . T h is
s crip m ay, o n o r b e fo re .Tan, 1 ,1 8 9 7 , h e re tire d a t p a r o r co n v e r te d
in to stook a t th e o p tio n o f this com p a n y .
T h e d iv id en d scrip issu ed M a y 1 ,1 8 9 6 , fo r 20 p . e. s crip d iv id e n d on
co m m o n s to c k , " is p a y a b le in ca sh , o r co n v e r t ib le in to th e com . s to c k
o f th e co m p a n y a t p a r, a t th e o p tio n o f th e co m p a n y .” T h e s crip h e a rs
in te re st a t p. e., p a y a b le “ o n ly o u t o f th e n et ea rn in g s o f th e c o m p a n y
l e f t a fter th e a nnu al p a y m en t o f p . c. d iv id e n d on th e p re f. s to c k .”
D ividends .—On p re fe rr e d to M a y, 1 89 7 , in c lu s iv e , p e r c e n t p e r an­
nu m . C om m on s to c k fr o m 1 891 to N o v ., 1 8 9 5 ,1 2 p . e, y e a r ly (3 q u a r.l;
in 1 890, F e b ru a ry , n o n e ; in M a y , 2 p . o. ca sh an d 2 0 p„ c. In s c r ip .
D e o ., 4 p. e. c a s h ; In 1 89 7 , F eb ., 3 p. o.; M a y, 2 p. c .
Annual R eport fo r 1 89 5 w a s in V . 62, p . 317 , s h o w in g :
1 2 Mas. N et E a rn s.
D iv o n P re f.
D io. o n Com.
S urplus.
$ 9 5 8 ,4 4 0 ( 9 % )$ 1 ,6 1 1 ,0 0 0
$ 1 ,4 0 2 ,0 8 1
1 8 9 5 ........... $ 3 ,9 7 1 ,5 2 1
1 8 9 4 ........... 5 ,0 6 9 ,4 1 6
9 5 4 ,8 0 0 (12% ) 2 ,1 4 8 ,0 0 0
1 ,9 6 6 ,6 1 6
1 8 9 3 ........... 4 ,3 3 4 ,4 6 7
9 5 6 ,8 0 0 (12% ) 2 ,1 5 2 ,5 0 0
1 ,2 2 5 ,1 6 7
G e n e ra l b a la n c e sh eet o f D e c . 3 1 ,1 8 9 5 , s h o w e d :
R e a l estate, p la n t, p a ­
S tock an d s c r ip ........... $ 3 0 ,2 9 0 ,0 0 0
ten ts, tra d e inks, & o.. $ 3 6 ,9 7 7 ,1 2 6 D lv . p a y a b le F eb . 1 ’ 9 5
2 4 2 ,3 4 0
S to ck s in fo r e ig n c o ’ s . 1 ,2 6 4 ,6 5 5 A c c o u n ts p a y a b le ........
5 8 5 ,9 6 2
C ash ................... - ............
8 0 0 ,5 3 7 C om m ission p a y a b le ..
6 2 9 ,4 7 9
B ills an d a cco u n ts r e ­
A d v e rtisin g fu n d .........
4 3 4 ,4 5 5
c e iv a b le .......................
1 ,7 4 0 ,2 8 9 S u rp lu s ............................
8 ,6 0 0 ,3 7 1

6

$1,000,000 See text. A nnu al. F rom D a y to n b y ch eck,

See p. 153.

B a r n e y & S m i t h C a r .—I n c o r p o r a te d in 1 89 2 u n d er la w s o f W e s t
V ir g in ia to s u cce e d a c o m p a n y e sta b lish ed in 1 84 9 at D a y to n O
S tock an d b onds listed in N ew Y o r k J a n u a ry , 1 8 9 3 . D iv id e n d s o n
co m m o n , in 1 8 9 3 ,5 p e r c e n t : o n p re fe rr e d 8 p e r ce n t q u a rte rly t il l
M a rch , 1 8 9 5 ; s in c e n o n e to J u ly , 1 896.
B o s t o n T e r m i n a l C o .—I n c o r p o r a te d in J u n e, 1 89 6 , t o b u ild in
B o sto n a S outhern U nion D e p o t, T h e B o s to n & A lb a n y , N ew E n g la n d
B o sto n & P ro v id e n ce , O ld C olon y an d N. Y . N. H . * H a r t fo r d B R ? C o s .
ea ch o w n s on e-fltth o f th e $ 5 0 0 ,0 0 0 ca p ita l s tock and w ill p a y as r e n ta l
in m o n th ly in sta lm en ts sum s su fficien t t o p a y a ll e x p en ses, ch a rg e s
in teresi on b on d s an d 4 p e r c e n t o n stock . T hese com p a n ie s a re
jo in tly lia b le fo r any d e ficie n cy in ca s e o f fo re clo s u re , ‘ T h e m o r t ­
g a g e o f 1896 p r o v id e s th a t b o n d s “ m a y fr o m tim e t o tim e b e issu ed t o
th e a m ou n t n ec e ss a r y to p r o v id e m ean s t o e n a b le th e co m p a n y to
ca rry ou t th e p u rp o s e s o f its ch a r te r” , a t n o t e x c e e d in g 4 p. c. in te re st:
m o rtg a g e tru stee is O ld C olon y T ru st o f B oston ; reg . in i. p a y a b le © ,—F ■
c o u p o n s F. & A .— (V . 6 2 ,p. 547 , 1138; V. 63, p. 29, 153 , 1114- V 64
p , 81.)
’
„ B r o o k l y n U n i o n » a s . —In c o r p o r a te d in N e w Y o r k S ta te Sept.
8, 189a, to su p p ly g a s and ele ctricity . A co n s o lid a tio n o f th e s e v e n
ga s com p a n ies o f B ro o k ly n , n a m ely: B r o o k ly n G as L igh t, M e tr o p o litan G. I,., F u lto n M u n icip al Gas, W illia m s b u rg G. L ., N assau GT L .,
C itizens an d l c o n ic 8 G as Light, com p a n ies. S ee p la n V . 61, p. 8 3 1 , an d
h ill sta tem en t m J u n e. 1896, to N, Y . S tock E x c h a n g e in V . 6 2,p. 1141
D iv i d e n d s . - F i r s t d iv id en d , 3 p e r ce n t In J u n e, 1 89 6 ; in D e c ,, 3 p . o'
B o n d s - T he m o rtg a g e o f 1 8 9 5 is f o r $ 1 5 ,0 0 0 ,0 0 0 o f b o n d s, su b je ct
t o u n d e rly in g b o n d s as f o llo w s :
’
J *
B on d s.
Interest.
O utstanding.
M a tu rity ,
C itizen s’ Gas, co n so l, m o r t ... 5 % F. & A.
$ 3 3 4 ,0 0 0
F e b . 1 ,1 9 4 0
C itizens’ G as L igh t, 1st m ort. 5 % A .& O.
7 3 .0 0 0
A p r. 1, 1 905
U n io n G as L igh t c o n s o l ......... 5 % J . & J .
4 2 .0 0 0
J a n . 1 ,1 9 2 0
U n io n G a s L ig h t 1 st m o r t___ 6% J. & J.
2 1 6 ,0 0 0
J u ly , 1 905
F u lto n M u n icip a l Gas, 1st M . 6% J. & J
1 97 .00 0
J a n . 1 ,1 9 0 0
M etrop oL Gas U , 1st ru........... 5% A .& O.
1 5 0 .0 0 0
A p r . 1 ,1 8 9 8
W llliamBl). G, L ., 1 st m o r t ... . 6% A .& 0 .
a o a .v w
A p r. ,
(
9 3 9 .0 0 0
A p r . , 1 90 0
C o n so ls listed on N ew Y ork S tock E x ch a n g e t o A p r il,’ 9 7, $ 1 2 ,3 3 6 ,0 0 0

1

1 190

n 5 A| l,ffih h 7 o I 10m N0V' 4 ’ l8 9 S ’ t0 A pTil 3 0 ’ 1 8 9 6 ’ g r o ss ’ $ 2 ,2 5 4 ,9 4 6 ;

D ire ctors .—W illiam R o ck e fe lle r. H. H . R o g e r s J o h n G M o o r e ITW . C an n on , Jarnes J ou rd a n , D a v id G . L e g g e t. I . R . C hap m an
’ H
Officers - E le c te d Nov,, 1 8 9 6 ).-P r e s id e n t , G en. J am es Jourdan*
V i c e P re s id e n t. H. H . R og ers; T rea su rer, E . B . C hap m an; S ecre ta ry
E d w in L u d lu m , (V. 6 3, p . 153 , 837 , 879 , 9 6 7 ,1 0 0 9 .) P
o e o re ta ry ,

C h e s a p e a k e & D e l a w a r e C a n a l .—See this Su pplem en t , p. 153
C h i c a g o & A t c h i s o n B r i d g e .—See this Supplem ent , p. 153.
C h i c a g o E c o n o m i c F u e l G a s _ See th is S upplem ent p. 153.
_
C h i c a g o G a s . — O rg a n iza tion .—T h e C h ica go G a s C o. n o lon g i
ex ists, b u t th e tru s t r e c e ip ts o f th e F id e lity In s u ra n c e T ru st &
S afe D e p o s it C o m p a n y o f P h ila d e lp h ia c e r tify th a t th e holder is
e n title d to his ra ta b le p r o p o r t io n o f th e o w n e rsh ip in a ll th e stocks of
the s e v e ra l C h ica g o ga s co m p a n ie s h eld b y th e F id e lity C om p any (sub­
je ct t o th e lie n o f th e b o n d s ), a n d h a s th e r ig h t to re c e iv e th e dividends
th e re o n a n d t o v o t e th e sam e as h o m a y ch o o se .
C o m m it t e e .—A r e o r g a n iz a tio n t o c o n fo rm t o th e I llin o is law s re­
g a rd in g tru sts is u n d er c o n sid e ra tio n . I t is p r o p o s e d t o con solidate
t h e p r o p rie ta ry c o m p a n ie s a n d to issu e r e g u la r s to c k certificates in
p la c e o f th e T ru st C o m p a n y ’ s re c e ip ts —se e V . 6 1, p . 1 012; V. '62.p.
8 4. T o A p r. 2 0, 1 89 7 , re o r g a n iz a tio n ce rtifica te s f o r F idelity Ins.
T r. & B .D . Oo. re c e ip ts t o th e a m o u n t o f $ 2 4 ,7 9 3 ,5 0 0 had been listed on
N. Y . S to c k E x ch a n g e .— V. 6 1 , p. 703 . T h e co m m itte e consists o f
F r e d e r ic P. O leott, C h a irm a n ; R o s w e ll P . F lo w e r, A n th o n y N. i.rady.
W a lte r F e rg u s o n , C K . G. B illin g s and W m . J . C am p b ell; Secretary,?
J. N , W a lla ce , 5 4 W a ll S treet, N e w Y o r k ; d e p o sita ry , C entral Trust
C o. See V. 61, p . 616. I u J a n u a ry , 1 8 9 7 , litig a t io n w a s p en d in g as to
th e p r o p o s e d co n so lid a tio n . T h e n e w co r p o r a t io n w ill b e know n as f
th e P e o p le ’ s C o n s o lid a te d G a s lig h t & C o k e C o. a b s o rb in g the Chicago
G a slig h t & C oke, C on su m ers’ G as, E q u ita b le G aslt. & F u e l and the
P e o p le ’ s G aslt. & C ok e C o Y . 6 2, p , 185 , 3 1 9 , 5 8 8 ; V , 63, p. 559.
Securities Ow n e d .—T h e F id e lity Co. h o ld s $ 1 4 ,8 8 7 ,6 2 5 o f the $14,9 8 4 ,2 0 0 -dock o f th e co m p a n ie s w h ose b o n d s a re givGn in the table
a bov e,, this s to c k h a v in g b e e n tru s te e d f o r th e benefit o f the
sh a reh old ers o f th e C h ica go G a s T ru st C o m p a n y , and f o r th e security
o f th e h o ld e rs o f th e m o rtg a g e b o n d s th a t w e r e th en , o r m ight there
a fte r , b e issu e d b y a n y o f sa id co m p a n ie s. T h ro u g h th e in terest In sate
co m p a n ie s th e re a re also c o n tr o lle d all b u t $ 1 5 ,8 0 0 o f th e $1.650,00C
s to c k o f fo u r sm a lle r co m p a n ie s, th re e o f w h ic h h a v e outstanding
th e fo llo w in g b o n d s : L a k e G as C o m p a n y , $ 3 0 0 ,0 0 0 1 st m ortgage
6 s ; H y d e P a rk G as C o., $ 2 0 0 ,0 0 0 1 s t m o rtg a g e 6 s ; a n d Illin ois U gh'j
H e a t & P o w e r C o., $ 5 0 0 ,0 0 0 1 st 7s g u a r a n te e d b y th e P e o p le s’ Co.
D ealings w it h Cit y .— In J u n e , 1891, a se ttle m e n t w a s reach ed by}
th e s e v e ra l c o m p a n ie s o n th e b asis o f th e c it y g e ttin g 3*n p e r cen t o f tin
gro ss re c e ip ts , o r a t le a st $150,000 p e r an n u m , a n d p a y in g $1 per 1,00*;

MISCELLANEOUS STOCKS AND BONDS.

April, 1897. j

143

S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g I m m e d i a t e n o t i c e o f a u y e r r o r d i s c o v e r e d I n t h e s e T a b l e s .

1 886
1 80 0
1 892

$ 1 ,0 0 0
100
100
1 ,0 0 0

1,000

100
100
100
1 ,0 0 0
1 889
1 892
1 .0 0 0
1 894
500
....
100
___
100
1 880
1 ,0 0 0
1889
1 ,0 0 0
1893
1 ,0 0 0
1 889
1,000
1 88 7
1 ,0 0 0
,. .
100
1397 100 A c.
1 889 5 0 0 &o.
.....
io o
..
100
5 0 0 lee.
1 ,000
1888
100
1878
1 .0 0 0

$ 1 ,3 4 6 ,0 0 0
6 ,5 0 0 ,0 0 0
6 ,5 0 0 ,0 0 0
1 0 ,0 0 0 ,0 0 0
2 ,7 4 1 .0 0 0
3 ,8 2 9 ,1 0 0
2 ,6 0 0 ,3 0 0
2 ,5 7 0 ,6 0 0
7 0 0 .0 0 0
3 7 4 ,0 0 0
5 0 0 ,0 0 0
1 1 ,0 0 0 ,0 0 0
2 ,0 0 0 ,0 0 0
2 ,9 2 4 ,0 0 0
9 9 8 ,0 0 0
2 .0 3 4 ,0 0 0
7 6 9 ,0 0 0
9 3 0 ,0 0 0
1 0 ,0 0 0 ,0 0 0
1 5,0 0 0 ,0 0 0
1 .9 0 8 ,0 0 0
2 ,5 0 0 ,0 0 0
O

first p a g e o f tables.
C hicago g a s— C oncl’ d— C onsum ers’ G a s I s tx n o r t-. g o l d .c
uhieago J u n ction R ailw ay* <- U n ion Slock F a n i s - S t o c k ..
£
P referred . 6 p e r ce n t cu m u la tiv e, p r e f. a lso as t o a ssets.
C olla tera l tru st b on d s, g o ld , $ o r * .................................... c*
In co m e b o n d s, 5 p e r ce n t, non -eum . (See rem a rks) . . . a *
C larlm (B . B j C o m p a n y - C o m m o n s t a e t ...............................
1st p ref. 5 p e r c e n t ,g old . c u m .. . . 1 p re f. a s t o p rin e i- j
2d pref. 6 p e r e eu t, c u m u la t iv e .... < p a l a n d d iv id en d s . \
Col, Coat < I r o n D e ed .— 1st M .,g .,g u a r.,re < L a t 105 ..o*J tr
£
C ollateral tru st b o n d s, g o ld , s e cu re d b y la n d n o t e s .......
Suburban L a u d & In v estm en t C o. b o n d s, gu ar., p .A i...
C olorado F uel a Iron —C om m on s to c k , $ 1 1 ,0 0 0 ,0 0 0 ..........
P re fe rre d s t o c k ,8 p e r ce n t, c u m u la tiv e ...................... .
Col. C oal A Iron 1st eon sol. M ., g o ld , s. f „ n o t d r a w n . . o'
C olorad o F uel C o's gen. m o n ., gold , s. I. red. a t 1 1 0 ..C
C ol-F u el A lr. gen. 51. ($ 0 ,0 0 0 ,0 0 0 ) g .,s .fd ., red. 1 0 5 -e 'A r
G ran d R iv e r C oal A C ok e 1 st m o rtg a g e , g o ld , t e e t e x i y r
C oiam bus 6 H ock. C oa letlro n Co — 1st m o rtg a g e , g o i d .. e
Corninereial Cable—S tock ($ 1 0 ,0 0 0 .0 0 0 )................................ .
F irst m o rtg a g e , g o ld , $ 2 0 .0 0 0 ,0 0 0 ........................................
Comstock T u n n e l- In com e, n on -eu m . ($ 3 ,0 0 0 ,Q O O i.gohl.c
Consolidated E lectrie L ig h t—a t o c k ........................................ .
C onsol. C os o f B a ltim o re C ity —S t o c k . . . ------ ------------- P rio r Hen b on d s, see t e x t (2 Issu es)..................................... e
ConaoL 1st £ g o ld , $ 7 ,0 0 0 ,0 0 0 .........................................e*
CentoU dated Gas I S I ' . / - S to c k ........................ .........................
K n ic k e r b o c k e r O a s L ig h t, 1 st m o r t.. s in k in g fu n d — o '

B onds—P r in c i­
IN T E R E S T O B D IV ID E N D S .
D a te S ize, o r
pal,^When D u e .
A m ou nt
of
R a t e p e r W h en W here p a y a b le , a n d b y Stocks—L a st
Par
P a y a b le
B on d s V alu e. O u tsta n d in g
W hom .
C ent.
D iv id e n d .

§

MISCELLANEOUS.
For explanation o f colum n headings, A c., see notes on

4 ,6 0 0 .0 0 0
2 ,1 8 2 ,0 0 0
3 5 ,4 3 0 ,0 6 0
2 5 0 .0 0 0

. * D.
. & J.
Q .-J .
J. & J.
J. & J
.-J .
F.
,-F .
J. & J.
J. & D.
M . * N.

C h ica go, U n io n N at. B k.
N. Y ., O ffice, 1 5 B ’ w a y .
do
do
N .Y ., C ent. T r,; L on d on .
N .Y ., o a io e , 4 5 B ’ w ay.
N .Y .,O ffice — C h u rch St
do
do
do
do
1 8 9 0 co u p s , p u rch a se d
J u n e , ’ 96, c o u p , la st p d .
M ay, ’ 9 6 , c o u p , la st pd.

I 8 in ’ 96. F. & A .
F. A A .
I
I e- M , & N.
f g ' F. A A
s «■
fe
;
6 g. A . < 0 .
j
6 ft. J . & j .
(See te x t. QQ .—J .
i t : >1. A N.
'S ee te x t.
]See te x t. j . a i>.
Text
0
J. A J.
Q .-M .1 5
a J. A D .

N e w Y o rk .
N. Y . .K n ic k e r b o c k e r Tr,
N. Y ., A tla n t io T r u s t Co.
N .Y ., C hase N a tl. B a n k
S .Y . ,K n ie k e rb o ck e r T r.
J u ly . '9 8 , c o u p , la s t p d .
N . Y .,2 5 3 B ro a d w a y .

5 g.
8 in ’9 6.
6 p e r an.
5 g‘
6 in ’ 96.
5 p e r an.
6 p e r an.

1
;

5 8I s-

j
j

S*

N. Y .— w iien ea rn ed .
N .Y .,C o .'s0 f,,1 2 0 B * w a y
B a ltim o re ,
F irs t Nat, B k .,B n lt,
do
do
N .Y .. Office, 4 I rv in g PL
do
do

D e c. 1, 1 9 3 6
J a n . 2, '9 7 ,4 %
A p l . l ,’ 9 7 ,lV ? o
J u ly 1, 1915
J u ly 1. 1 90 7
A p l. 1 5 .'9 7 ,l ae
M a y l , '9 7 , l i t
M a y l , '9 7 , H g
J u ly 1, 1 909
1897
N o v . X, 1 9 0 9
M a y 15, 1 893
F e b .2 0 ,’ 9 7 , 4 %
F eb. 1, 1 90 0
M a y 1, 1 9 1 9
F eb . 1, 1 94 3
J u ly 1, 1 919
J an . 1, 1 91 7
A p l.1 ,’9 7 ,1 % %
J an . 1, 2 39 7
S ept. 1 , 1 91 9
O ot, 1, 1 8 9 0
D e e .l,’ 96.2*fi%
19OO-'10-’ 13
J u ly 1, 1 9 3 9
M n r.1 5 ,'9 7 ,2 %
J u n e 1. 1 89 8

C o lo r a d o F u e l <
fc I r o n . —O rganization an d P r o per tv .—A
fe e t f o r its ga s—tlMs p rice o f ga s to o th e r eooa u m era to rem a in at $ 1 25
u n til 1893, w h en a r e d u c tio n o f 5 ce n to in th e p r ic e m u st b e m a d e ea ch C o lorad o co r p o r a tio n fo rm e d in O c to b e r, 1892, b y c o n s o lid a tio n
r y . 5 5, p. 3 7 3 , 639,1 o f th e C o lo ra d o F u el a n d th e C o lo ra d o C oal Sc I r o n
y e a r fo llo w in g u n til $1 h a s b een rea ch ed . S ee V . 5 2 , p . 9 3 9 .
B o s s * .—See a p p lica tio n in fu ll t o N ew Y o r k S tock E x c h a n g e in j C o s. A p p lic a t io n t o N ew Y o r k S to ck E x c h a n g e o n J a n u a ry 3 0, 1 89 6 ,
C h r o n ic l e , V. 4 7, p . 7 4 6 . T h e g u a ra n ty o f th e G a s T ru st C o. as t o w a s giv e n in V . 6 2 , p , 4 6 1 . C o a l p r o p e r tie s o f th e A tc h iso n T o ­
p rin cip a l and in terest Is en d orsed u p o n th e b o n d s o f t h e s ev era l issues p e k a A S an ta Fe Ky. w ere le a se d fro m A u g . 2 0, 1896; these p ro p e rtie s
in the ta b le a b o v e . T h e b on d * a re said t o reta in a “ fu ll an d eq u a l i p ro d u ce d 5 7 5 ,2 0 1 t o n s o f co a l a n d 5 9 ,0 5 5 ton s o f co k e in 1 89 5 -9 6.
C ash an d co n v e r t ib le a ssets in e x c e s s o f lia b ilitie s J u n e 3 0 ,1 8 9 6 ,
lie n '' u p o n the w c u rttle e held tn tru st b y th e F id e lity C o. S ee a b o v e .
T he 8 5 ,1 0 0 ,00 0 P e o p le 's c o n s o ls o f 1893 u n issu ed a re r e s e rv e d t o $ 1 ,9 3 2 ,0 5 8 , In clu d in g $ 9 2 5 ,6 4 0 s u p p lie s on ha n d .
re tire she first* a n d s e c o n d s a n d Illin o is L ig h t, H ea t A P o w e r firsts.
i St o c k .—T he a u th orized ca p ita l s to c k Is $ 2 ,0 0 0 ,0 0 0 o f 8 p e r c e n t
D iv ip e . o* . - j ’ 8 9
n
”9 0 *91 *92
‘9 3
’94 ’95
'9 0 ’ 97
; cu m u la tiv e p re fe rr e d s to c k and $ 1 1 ,0 0 0 ,0 0 0 co m m o n s to c k . C o m m o n
P ercen t.
5 *
3
3
5 t» 4 m i L j * c .) 6
2h
l h b e lo w s to c k f o r $ 1 ,7 5 0 ,0 0 0 wits so ld in J u ly , 1 80 5 . See b e lo w .
B onds . —See application for listing bonds Y, 82, p, 461.
I n 1 8 9 7 , F e b ., m p . c . w a s p a id o n C e n tra l T r u s t C o. r e c e ip ts.
T he F u e l Sc Iron C o . a ssu m ed the C o l. C ost A tro u O o's g u a r a n ty
K s r x i s o s , E r e .— N o la t e r e p o r t E a rn in g * h a v e b een as fo lio w s :
I o f C o lo r a d o C oal & Cron D e v e lo p m e n t b o n d s f o r $ 7 0 0 ,0 0 0 . T h e
Year.
S et E a rn in g s.
In terest..
S n rp L ts i G ran d E lv e r C o a l A C ok e C o.’ * b o n d s a re n ot g u a r a n te e d b u t
1 8 9 3 ............................................... * 3 ,2 1 9 ,8 6 4
$ 1 ,1 8 6 ,5 6 0
* 2 ,0 5 3 ,3 0 4 its p r o p e r !r Is a ll o w n e d b y th e C ol. F u e l Sc I r o n Co. s u b je c t t o the m ort
1 8 9 2 ................................................. 3 ,0 3 5 ,6 0 4
1 ,0 6 7 ,5 0 8
1 ,9 * 8 ,0 9 6 | G ra n d R . C o a l A C ok e b o n d s f o r $ 9 4 0 ,0 0 0 a re o u ts ta n d in g , o f w h ic h
# 1 8 0 ,0 0 0 a re o w n e d b y C . F . & I. C o.
S e w Y o rk O ffice, 2 9 B ro a d S treet.— (V . 6 3 , p . 5 5 9 ,7 9 3 , 838 .)
D iv i d e n d s .—O n c o m m o n : In 1 89 3 , M a y,, m p er c e n t. On p r e fe r r e d
€ -h ie iic o l a n c t l o n H a l l w a y * Sc U n i o n S l o c k Y a r d * ..—
*On* I tn 1 89 3 , F eb ,, 4 p , ©.; A n g., 4 p .o ., In s crip ; in 1 89 4 . F eb ., 4 p, o, tn s c r ip ;
OAifiAATiON.—Thlii com p a n y ,In corp ora te*! la 1 990 a udt-r the la w s o f N ew ■la 1808, 8 p . o«; in 1 8 9 7 , F e b ., 4 p. c. P re fe r re d s to c k d iv id e n d s in
J e rse y , b m p u rch a sed § $ p e r m a t •of the jstadk a t th e U nion S to c k Y a rd j a rrea rs in S o p h , 1 8 9 8 ,1 2 p. c. ($ 2 4 0 ,0 0 0 5 —S e e V. 63, p . 4 0 0 .
ds T ransit C o m tm n j o f C tueago, w h ic h la tte r co m p a n y ow n * the en tire j
flo c k o f th e v b ta a g o S In d ia n a S ta te t i n e R ailroa d C om p a n y . T h e j A n n u a l K k t*o kt . — R e p o rt f o r y e a r e n d in g J'ua© 3 0 , 1 8 9 6 , w a s
c.
p rop erty f l i n t c o n tr o lle d It situ a ted la ChtOAdo* an d ewni&t#* o f 4 7 0 | g iv e n in V . 6 3 , p . 4 0 0 , an d s h o w e d ;
—------ — N e t ------------- .
m e m m land I w ith o n e m ile o f w a te r front* co n ta in in g in D e ce m b e r. ?
1893-98.
1891-93.
1895*06.
1 8 9 4 -9 5 .
S® , it is aaitf# w a reh ou se*, shed* a n d p en * to a cco m m o d a te 7 5 ,0 0 0 j
$2,6 i 5,738 $ 2 .452 ,341
$ 4 7 6 ,2 7 0 $ 4 8 0 ,2 7 3
head o f eattle* 3 0 0 ,0 0 0 h oc*, ®t*v; *1 *08 4 5 m U m a t ra ilw a y an d Hhliuga, f Fuel departm ent.
2,930,999
Iron departm ent......... 2,768,760
3 4 0 ,3 9 7
2 4 8 ,5 3 6
including the Chicago Sc Indiana State Line Ky., and connecting with
E eta li d e p t., e l© .» ., . . . .
2 8 3 ,6 5 5
2 8 3 ,8 4 1
1 0 7 ,8 0 9
7 5 ,4 2 0
all the railroad* enter! ate the city.
L ire M ock a n d e a r re ce ip t* fo r yearn e n d in g J lin e 3 0 h a v e b e e n ;
T ota l . . . . . . . . . . . . . . . . $5,670,1 m $ 5 ,6 6 7 ,1 8 i
# 9 2 4 ,2 7 0 $ 8 0 4 ,2 2 9
T ear*— O'citUs, iimltem.
Hog*.
Bfamp.
M or»e§,
C «w .
D educt gen era l e x p o n io a . . . . . . . . . . . . .. . . . . . . . . .
1 3 0 ,0 2 3
1 2 5 ,7 7 9
I S 9 5 - 6 ..2 .7 3 3 ,2 3 0 1 6 1 ,5 1 3 7 ,6 * 7 ,7 0 3 3 ,5 0 2 ,$ 0 3
1 13 ,36 6 3 3 1 .1 6 4 1
1 8 9 4 -5 ..2 ,6 6 3 ,7 7 1 16 3 3 1 2 7 ,8 1 4 ,6 1 2 3 .1 4 9 ,4 7 6
1 11,0 1 3 *371,U 14 ! B a la n ce t o In co m e a c o o u n t . . . .
............
$ 7 9 4 ,2 5 3 $ 0 7 8 ,4 5 0
1 8 9 3 -4 -.3 ,0 8 2 .8 8 6 2 0 0 .7 6 1 7 ,0 9 1 .2 7 3 3 ,1 1 7 ,2 6 7
8 1 .7 4 2 2 9 0 ,9 8 5 j
In te re s t on b o n d * , $ 4 0 9 ,0 2 9 ; ta x e s , e x o h a a g e , e tc., $ 4 9 ,0 7 0 ; si a k ­
M&MMWMSBRT w c r ii F acK ftire.—0 t* d «r a flffe c n -y e a r a ^ r o c m e a f d a tin g I in u; fu n d. $ 1 0 0 ,0 3 9 ; b a la n c e , s u rp lu s f o r y e a r 1 8 0 5 -9 0, $ 2 3 4 ,3 1 5 . fr o m
from J u ly l , 1891, the C h ica g o p a ck er*. MewMira. A rm ou r, M orris an d j w h ich d e d u ct d iv id e n d # o n p r e fe r r e d , # 1 8 0 ,0 0 0 .
S w ift, and ethara, g u a ra n tee to g iv e thl* eon tp a u y t h e h m in m * o f p a c k * }
la g all lir e ctod k slaiightared By th em wi&hltt 2 0 0 m ilm o f C h ica g o. ! D c a a o t o o s .—E le c te d A u g . 1 9 , 1 8 0 8 ; J o h n O. O a g o o d , H e n r y E W o l ­
cott* D ennis S u lliv a n , J o h n I*. J e re m y , C h a rles if . T o ll, W illia m H .
See V. 5 4, p. 3 2 8 , 9 2 3 ; V, 5 5, p . 9 9 , 2 9 7 .
la T o ly , 1892, a d y e -y e a r e o a fra e s wn* m a d e w ith th e rem a in in g f J a m e s, j , A . JCebler* o f D e n v e r ; A . 0 . C m » , o f D e n v e r ; G e o r g e H*
P rentiss, E. T ha im atm , J o h n G . M oore, H e n r y W . C a n n o n , C. D. S im p ,
packer*, the so*ealle*t S tlek n ey pm km m . S ee ft, 5 5 , p. 0 9 ,
son, o f If. T.s J . 0 . O s g o o a . P resid en t, O ffice, D ettker, C o lo r a d o .— ( v .
B ivume * n*. —O h p re fe rr e d , 6 p er ©eat y e a r ly t a d a te. O n co m m o n : 8 2. p . 1.88, 4 1 3 , 4 5 0 ,4 8 1 ; V , 6 3 , p , 4 00.)
In 1891,10*, 1802, to April, 1897, lnclUftve* 9 p. c. yearly.
C o I u m b i i M Sc H o c k i n g : C o a l 4c I r o n C o m p a n y , —O rg a n iz e d a t
JSoifD#,—T h e eoitmtermi (runt b on d # a re secu red b y depend t w ith th e |
• • ! a n d iro n p r i *
■ .a
C e n tra lT ru # t C om p a n y , tru c te e , o f o v e r 9 0 p er c e n t o f th e s to c k o f the tie#* 113,250 a cre s o f la n d ) w ith e x te n s iv e w ork s th e re o n , in O h io , a
U nion S tock Y a r d T ra n s it C om p a n y , T h e 0 3 ,0 0 0 ,0 0 0 in com e* ca rr y fu ll d e sc rip tio n in CtUtOkicLh o f F e b ru a ry 2 8 , 1 8 8 7 , V , 4 4 , p , 2 7 8 ,
lahsreet a fte r p a y m en t o f l o l o m t o n th e c o lla te r a l tru s t b o n d s an d the 8 m a ls o V. 6 3 , n. 559, C en tra l T ru st C o. t r o R te e o f
A p ril 1,
6 per ce n t d iv id e n d o n th e p re fe rr e d a t o c k ; w h en ea rn in g * nuffioe 1 89 5 , h e ld $ 5 4 ,0 0 0 firs t 6 * In s ta k in g fu n d . S to c k la $ 4 ,8 8 0 ,0 0 0 , o f
aft^r p a ym en t o f p rio r ch a rge* » * a foresa id , t h e eom pa& jr w ill net aalde w h ic h $ 1 0 0 ,0 0 0 i* p r e fe r r e d .
6200,001) y e a rly fo r th eir in i eren t a n d d o l i n g fo n d , th e la e o a w s bein g
H RCBrvausictiv—lit D e ce m b e r, 1 8 9 0 , F re s ld o o t J a y O. M o s s, 8 0
subject t o ca ll at par, T h e a m ou n t o u t ii t# b een redtaced from $3*000,000
B roiw lw ay, S a w Y o r k , w a s a p p o in te d re c e iv e r. T h e J a n u a ry , 1 8 9 7 ,
r V. 54, p. 328.
*
by sinking
In terest w m n o t m i d , an d fo r e c lo s u r e s u it w a s b ro u g h t, H e o rg a n iza , l|$07*t. nclm lve.
pmld—Jamnary* 1 8 0 4 ,!
ft o a p end ing, v . 6 4 , p , 8 1 0 , T h e s to c k h o ld e r# w e re -a sk e d to p a y an
A nnua t EfirchBP.— A n n u a l in e e u n g ta J » m f < ity seooD*1 T h u rsd a y it+Atmmm&ui o f # 3 p e r sh a re, f o r w h ic h th e y w ill r e c e iv e p re fe r r e d
J
ta Nov. .Report- f o r
f ns in Y „ 0 3 , p . 8 7 d
*tocsk, a n d a b o u t 0 0 p e r e e n t o f b oth clft*ses o f a to c k h a v e a g re e d t o
Yefir t n d in g J u n e 3 0 —
1*9 9 6,
1804-95*
1 89 3 -9 4. the aasciksment. D e p o s ita r y t* F a rm e rs’ L. A T . C o., N. Y . V. 6 3 . p .
DlvtdeiM1# o f l L 8. Ye €*>., A©. . .. .* 1 .7 0 1,5 0 9 $ 1 ,7 0 0 ,4 9 4 $1*733,005 7 9 8 , 838 , S tockh old ers’ C om m ittee— D avid A , lio u d y , N. Y ,; F. B.
020
J.
Babin ec p m r io m f e a r ........... __ *£ |
2 1 ,8 3 5 K r e ch , 7 2 B rea d w a y , X . Y ,; D . N . O rense, U tica , K . Y .; F. T . R e d w o o d ,
7 9 ,8 9 4
Ctaiirrat ................ . re n t., * « . . . . »•
7 0, 932
1 1 5 ,7 4 3
120,921 B altim ore. BottdhfAd^rs' GommUlm™*C h a irm a n , M. L. Sc ud d er, 3 2
Interest m b o n d s .. . . . . . . . . . . . . . . . . .
0 3 :7, HAO
044*020
6 4 4 ,0 2 5 N aasau S t., N, Y . B ond * are m o s tly d e p o s ite d w ith th e C en tra l T ru st C o
Dividen* ta .. . . . . . . . . . . . . . . . . . . . . . . . .
9 1 0,0 0 0
9 1 0 .0 0 0
9 1 0 ,0 0 0
A n n u a l R& p o k t .—F iscal y e a r e n d s M ar. 8 1. R eport, fo r 1 8 9 4 -9 5
0,,000
Jj$0tM fl
90*000
was ia V , 6 0, p. 1 143. ir o n prednotioti, f o r y e a r, 4 .3 2 9 to n # , a g a in * t
4 ,1 8 0 tans in 1 8 9 3 -4 ; co n i, 3 5 1 ,9 0 5 ton*, a g a in s t 3 5 0 ,4 0 2 to n s . T h e r e
Bid mum.(Surplus..
.v«-. . . . . .
f i 6, 347
$ 2 3 ,6 2 0
$ 7 9 ,8 9 4 w e r e oaf trust* A p r il 1 ,1 8 9 5 , f o r $ 9 8 ,3 8 4 . “
Barnii?im o f th e IJuion 3 toe'1 Y a rd s A ' Clltisit C
Y m r l o Mmr.*3i. firm *.
Yet, i n i., tarnt*ete, Im p ., etc. B a t,rd e f,
>n w ere;
$ 7 0 ,8 0 5
$ 1 1 ,7 5 4
$ 3 9 ,3 2 7
Y et receipt#^ 1 ^ 9 4 - 9 5 .... . . . . . $ 3 6 1 ,9 2 0 $-13,292
Y&itr* *lMt„ JlfSMS 30~*
t
<
r.
OpM «3?p.
!T,
1 8 9 3 -9 4 ............... 4 1 2 ,1 1 3
3 ,4 6 5
7 1 ,3 0 5
13,-807
8 1 .7 0 2
fcfy . , #13
1 8 9 6 ..-,
$ 2 ,0 8 0 ,4 3 3
f 1.1MU, 8 3 0
- i ,
0 ,9 3 3
7 2 .1 7 5
3 0 .6 * 0
1 0 1 ,9 0 2
2,1 0 3,1 Ml 1 * 9 2 -0 3 ........ . . . 7 1 7 ,7 5 2
. 3 .3 5 4 ,5 " ,p
1/.251,412
1 9 0 4 ....
. 2 ,i t 7 . 3 « IS
1 ,7 0 0,74 9 —(Y . 6 3, p, 2 9, 7 5 , 5 5 9 , 7 9 3 , 8 3 8 , 90-8 ; Y . 6 4 , p . 4 1 ,1 3 4 , 6 1 0 .)
1*3[2 0 ,0 1 8
C o m m e r c i a l C a b l e C o m p a n y * —T h is Is p o p u la rly k n o w n as th e
Df recto ks. —Cham
. D e p e w iC h a lrm a n ), w , ttoott F it*, B oston?
National Thayer, B
<
W. 3 . B ew elL Cam -ten, N. J F. II. P rin ce, I M a oka y-B en n ett C a b le O om pw -n y,ow ning th ree e a b le s fro m N o v a S co tia
Boston; Fred 0 , Wins
b ert H . V e ed er and E. J . S fa rtv n o f C h ica go; ta I r e la n d ; o n e fro m Ire la n d to H a v re , F r a n c e ; o n e fro m Irela n d t o
Martin L. dykes, J .<
g
i, a n d G e o r g e P e a b o d y fla r d n e r , B o sto n , f B risto l, B u g la n d ; a lto o n e fro m N o v a S co tia to N ew Y o rk an d o n e t o
S . Y . o f f i c e , 4 5 B rea *]
*Y. 6 1 , p . I 5 0 , 1010; V . 6 3 , p. 4 5 8 , 8 7 8 .1
j R b ck p o rt, M aas., A c. In O c to b e r, 1 8 8 8 , th e a u th orized s to c k w a s ra is e d
fr o m $ 6 ,0 0 0 ,0 0 0 ta $ 1 0 ,0 0 0 ,0 0 0 .
C lw flln J H , f f , ) C o m p a n y . — fn coriK iratcd u n d er th e la w s o f N ew
ora ted
laws
I n D e c e m b e r, 18911, th e F e s ta l T e le g ra p h C a b le C o. w a s p u rc h a se d
Jersey In M ay, 1 890, and d e a ls In d r y g o o d s . I t s p rem isesi have a \ (p ro p e rty tra n s fe rre d J a n . 1. 1 8 9 7 ). a n d its s ta ck o f $ 1 5 , »O0.0OO e x ­
frontage
fron tage o f 8 7 5 fees M W orth S treet, an d w ith a il a p p u rten aiW
ow
n
n ce# a re | ch a n g e d , d o lla r fo r d o lla r, f o r C o m m e rcia l C a b le n e w -l p. e. b o n d s. V . 6 4 ,
etem areveined at $ 2,7 39 ,1 8 1 ,. ».«*«**«*t
t a t it
Deo. 3 1 , 1896, in c lu d in g roerehaa- p . 1 *0. P o s ta l Co. D e c . 3 1,1 8 9 5 , had o v e r 1 17,0 00 m ile s o f w ire a n d 2 ,0 6 7
vam ed
dine, accou n ts rebelvabl
___ n g p u t a t $ 1 6 ,0 9 3 ,5 6 1 . V, 6 4, p, 132 . offices, tra n s m ittin g in 1 * 9 3 a b o u t 12,500*000 m essa ges a n d e a rn in g
4
.. DfftDKWiis.—O n p r e fe r r e d it o D l i.t i i fa ll t o M ay, 1897. O n common;* i gro ss $ 4 ,3 2 1 ,2 9 6 . &ee s ta te m e n t in V , 0 4, p . 3 3 0 .
DrviDENjis,— In 1 8 8 9 , l 1 p .o .; in 1 8 9 0 , 6 p e r o o n t; 1891 t o O c t. 1 8 9 6 ,
*
From org an U aiton to 0 «tu im r . 1 8 » a , 8 p. e. yew rlT; then to J u ly , 1393,
-* p .o , yeuriyt then t o A p ril, 1 8 9 7 , fi p. o . y e a rly ( l 1 p. ‘ . q u a rte rly ),
*
j 7 p. o, p e r a n n u m (1 -h cp iar.); in 1 8 9 7 , J a n ., 2 % p . c.; A p r il, 1 % p. o.
A n n u a l R k t o e t .— F i■*eal r e a r e n d s D ec. 3 1 . R e p o r t f o r 1 8 9 6 w a s in
RkPowr.—R e p o rt l o r t b e h a lf-y e a r e m lfn g Don. 3 1 ,1 4 9 0 . w a s in V.
ft ion atiAo.!.. A.A.la . 4 . . .
* ? .o »nrt . - _I_» ......I___ * Y . 6 4 , p . 5 6 5 , s h o w in g ea rn in g * a s f o l l o w s :

1 6

1

447 2

1

tool.

1897,

$261,.
m 189w,
*w ,v w ,
_
~CY, 03, p. U S . 7 , 6 1 . p. 1 1 1 )
C o l o r a d * C o a l A I r *n r i c v e i n p * m c a t , — Seo p a g e 153.

Omns.

,VW
.

Dividends. B at., surp.

$ 8 0 0 ,0 6 0
$ 3 7 6 ,5 6 5
1 898 . . . . . . . . . . ___ .$ 2 ,0 1 9 ,2 5 5
$ 1 ,1 7 6 ,5 6 5
7 0 0 .0 0 0
5 1 5 ,3 9 8
1 8 9 5 ..................
2 ,0 0 9 .7 3 8
1 ,2 1 5 ,3 9 8
1 8 9 4 ......... . . . . . . . . . 1 ,7 7 3 ,4 3 4
1,0 1 0.43 8
7 0 0 .0 0 0
3 1 0 ,4 3 8
J, W. M »o t o y , P re .ld o a te V loe-P resifion t a n d G en era l Manager, 0 .
0 . V a r a -. O ffice, 253 B ro a d w a y , N ew Y o r k .—( V. 6 4, p . 5 6 5 . )

146

1NVEST0KS’

SUPPLEMEM'i

rvou

l x iv

.

Subscribers will confer a ereat favor by (jiving Immediate notice'of any error discovered in these Tables.

For

MISCELLANEOUS.__________________ | D a te
rntion o f colum n headings, A c., see notes on B(0 f
tlrst p age o f tables.

L. Superior Consol. Iron Mines—1st M.. $10,000,000, g.o*
Learemrorlh Terminal My. <t Bridge— 1st M.. gold.............
Lehigh Coal <6 navigation—Stock, $14,366,050........ -----1st M., canal, 6,030 acres coal iihd76 m. L. & 8. R R ...r
ls t m .,g .,L e h .A Bus. RR. (old6s e x t,m g . Feb. l , ’9 7 )..r
2d M. Can. Coal A RR. and 1st M. Nant. RR., gold........ o*
Cons. 3d M. Canal, Coal A 122 m. RR.; 2d M. 26 m. R R .r
General m ortgage fo r $15,000,000, gold ......... ..............r
Collateral trust for $1,500,000, g o ld .............................o*
Delaware Dlv. Canal 1st M., see text,(ext’d In 1878). .. e
Lehigh J Wilkesb’ re Coal—Leh.CoalANav.M .,g.,assum ed.
1st gen. m ort. sterling loan, sink, fund, drawn at 100..c
Con. M. (see text); (coup’ s held by Cent. N. J.,$5,472,552)
5s of 1912, cum. sinking fund (not d r.)...........................c
Incom e “ B " bonds,not cumulative, held by Cent. N.J ..
Louisville Ilriilge. Co. and Loutsr. <* Jeffer. Bridge 0o.~
Matlison Square Carden—1st mortgage, gold ................. o’
2d mortgage, gold ......................................................... .
n. lieach Hotel
Ma_______________rf Land—Gen. M. for $1,500,000 g old.o”
Maryland Coal—Stock, preferred
1st M., drawn at 100 (a. f. haa retired $173,000)........ c*
M ane ell Ld. <?r.—P r’rlien M.g.,red. at 100 (or 110 at mat.)c
Metropolitan Tel.dTeleg. Co.—See N . Y . T e l e p h o n e .
Mexican Telegraph—S t o c K ............................................ ..........................
Michigan d Peninsular Car—Common stock $3,000,000.
k
Stock P ref. as to assets and dividends (8 p. c. gold, cum.)
1st mortgage, g old ..............................................................

1893
1893
1864
1867
1867
1871
1884
1895
1858
1867
1874
1875
1888

Bonds—Prlnoi INTEREST OR DIVIDENDS.
Size, o r
A m ount
pal,When D u e .
i y Par^ j Outstanding K^ ? n£ er When Where Payable, and by Stocks—Las t
Payable
Whom.
| Dividend.
$1,000 $1,500,000
6 5- M. & S. N.Y.,Farmers’ L.AT.Co. I Sept. 1, 1903
000,000
1,000
5 g. ,J. & J. N, Y., Central Trust Co. Jan. 1, 1923
14,346,650 See text. M. & N. Philadelphia, Office, :N ov.25,’96,2%
50
do
do
!Various
5.000.
000 4 ^
! July 1, 1914
Q --J do
do
Q.—F.
Various I 2.000. 000
A p ril 1 ,1 9 1 4
4 g.
do
do
J. & D.
j 500Ao. I 1,842,500
i Dec. 15,1897
do
do
7 * ’ J. A D.
1,000 : 2,470,750
June 1, 1911
4L2g. Q .-F .
do
do
! 1,000 I 3.686.000
May 1, 1924
do
do
M. A S.
1,000 | 1.500.000
Sept. 1, 1905
480.000
t * J. A J. P hila.,226 So. Third St. July 1, 1898
| 1,000 |
J. A D. Pliila., L.Coal A Nav.Co. Dec. 15, 1897
500.000
I 500Ao.|
367.000
£2 00 !
6 * M. A N. New York and London. May 1, 1899
Q .-M . New Y ork and London. June 1, 1900
11,500,000
I 1,000
M. A N. N ew Y ork and London. Nov. 1, 1912
I 1,000 J 2.712.000 I
5
2.353.000

S e e R a i l r o a D COM PAN IE

1889 1 1,000
1891 ;
500
i500 &c.
1890 ;
100
1,000
500
1888

1892

100
100
100
100

M.
M.
M.
J.
M.
J.

A
A
A
A
A
A

N.
N.
N.
J.
N.
J.

1.250.000
750.000
1.495.000
1,885,005
27,000
3.000.

|

2.000.
2.000,000
5.000.
2.000.

10 peran Q .- J . N. Y ., Office, 37 W all St. A pr.16,’ 97,2ki
000
ISee text.
N. Y . Guar. Trust Co.| Oet. 1, 1893
000
!See text.
do
do
N ov.27,’96,1%
000 5 g. M. A S. _____ do_______ do
I Sept. 1, 1942

5 g.
6 g.
!
4 g.
See text.
7
000 6 g.

N. Y .t M erc Trust Co. Nov. 1, 1919
N ov., '96, paid Feb.,’97. { Nov. 1, 1919
4 vrs. ini. f und. See text Nov. 1, 1940
New Y ork, 1 B’dway. Jau.15,’9 7 ,2%
do
do
j Nov. 1, 1896
N .Y .,L ond. A A m s’dam.[ Jan. 1, 1913

B o n d s , E t c .— O f the consolidated mortgage seven per cent bonds only
In 1889 secured control o f all the other gas companies in S t Louis. In $54,000 are guaranteed by the Central RR. o f N. J., the holders o f the
1896 the price o f gas was reduced from $1 18 to $1 per 1,000 feet for other bonds having freed that com pany from liability therefor, on con­
Illuminating and to 80 cents for fuel gas. As to suits regarding char­ dition that It shall not oolleot interest on the $6,116,000 consols whioh
it holds prior to their m aturity unless such interest is earned, this
ter, etc., see V. 61, p. 134. Case has been laid over until Oct., 1897.
8 t o c k . —Common stock is $7,500,000; par, $100. Preferred is fo r agreement being stam ped on the bonds. The authorized issue o f con­
$2,500,000 o f 5 per cent cumulative, and m January, 1897, there was sols is $15,000,000, but those unissued are in reality unavailable, sinoe
by the term s of the agreement ju st m entioned they w ould n ot If issued
5 per cent o f dividends unpaid, 1 p. c. extra being paid Dec. 15,1896.
be entitled to stand ahead o f the consols ow ned by the Central o f N. J.
D i v i d e n d s .— >
'90. ’ 91.
'92.
’ 93.
’94.
’95 to D e o .,’96. A sinking fund for bonds due iq is is provided from sales o f surfaoe
Preferred, p. c. > 2
0
5
5
6
7 (S^sem i-an.)
lands and from 10 cents for each ton o f eoal m ined on property ineluded
B onds .—Central Trust Co. is trustee under the mortgage. See ap in the first lie n ; no drawings. Sterling bonds fo r $178,000 are to he
plioation to Stock Exchange in V. 49, p. 657. There are $125,000 Car- called in 1897 and the balance, $189,000, in 1898. Real estate m ort­
ondelet Gas 1st mortgage 6s. The $500,000 gold coupon notes were gage 6s, March, 1897, $10,000.
authorized fo r extensions to be made in 1896.
G en e r a l F inances .—T he Central o f N. J.Jan. 1, 1897, owned
E a r n i n g s .— Jan. 1 to March 31, 3 months, net, $225,112 in 1897; $2,353,000 of the incom es and $5,472,552 consol, m ort. coupons
past due hut n ot oollectible, as ab ove stated, till June, 1900. Bills
$210,423 in 1896.
A nnual R epo rt .—F or year 1896 net earnings w ere $728,213; in payable outstanding w ere $3,400,224; “ other indebtedness” , $3,236,1895, net $883,899. Statement for 1894 showed net earnings from gas 990.—See V. 64, p. 466.
$77,056; total,
against
A nnual e p r .— Fiscal
ends Deo. 31.
ep ort for
was
t 731,462;innet from Carondelet, eto.,and $582,460 in $808,518,ew York given in V.R64, op. t466, and year parison is m adeR with 1893,1896 last
762,785
1893, $698,090 in 1892
1891. N
com
the
previous report, viz.:
office, 40 W all 8t.—(V. 63, p. 1159; V. 64, p. 134.)
Lake Superior Consolidated Iron Mines.—
Incorporated in
Cross.
Net.
Interest. Sink. F und.
Balance
1893, and owns or controls nearly all the im portant properties on the 1 8 9 6 ...... $8,385,447 $524,508 1T$743,828 $227,662 def. $148,979
Missabe Range, Minnesota, including the Mountain Iron Co., Missabe 1893.......11,088,211 1,435,630 --------- $986,601-----—- sur. 449,029
Mt. Iron, Lone Jack, N. Y. & Missabe Iron, etc., and the Duluth M is­
sabe & No. Ry. Stock .—A uth., $30,000,000. Issued $24,000,000.
IT Interest charges in 1896 do n ot include interest on con sols held by
B o n d s .— First m ortgage (Farmers’ L. A T. Co., trustee) fo r $10,000,- Central o f N. J. RR., ou which no interest has been paid since 1893.
000 provides for a sinking fund. “ Unless previously converted into
President, Feb., 1896, J. R ogers M axwell. - ( V . 64, p. 4 6 6 .)
stock,” bonds can be drawn at 105 after Sept. 1,1 896 .
L o u i s v i l l e B r i d g e C o .—
?
__
L o u i s v i l l e Sc J e lF e r s o n B r i d g e , — ) ®ee R ailroad Companies,
D ire cto rs .—George D. Rogers, Fred. T. Gates, D. B. Searle, Edward
S. Cary, George Elw ood Murray, Lewis J. Merritt and Charles E.
M a d i s o n S q u a r e G a r d e n , —See p a g e 154.
Soheide. Pres., Fred. T. G a te s; Secretary and Treas., Chas. E. Sobeide.
M a ha
h H
m i t e d . —Owns the real
Leavenworth Terminal Railway Sc Bridge.—
Owns high­ estaten andt t a n B e a cknow o t e l Sc L a n d ( L iBeach, )with the Man­
premises
n as Manhattan
way and railroad bridge (opened Jau. 1 ,1 8 9 4 ), 1,110 feet long, over hattan Beach and Oriental hotels, m usic amphitheatre, 446 acres of
Missouri River, at L eavenworth, Kan., and valuable terminal property laud, Ae. Stook, $2,000,000, o f w hich $500,000 is preferred 5 p. c.
in that city. The m ortgage contains a sinking fund provision. K an­ Don-cum ulative ; preferred outstanding, $400,000. Comm encing with
sas City St. Joseph A C. B. ( Chicago B. A Q.), and Chicago R. I. A P.
ere funded
10-year
use the bridge at an annual rental o f $18,000 each, under a 30-year M ay, 1894, four years' coupons wfunded.—V. intop. 869. scrip. A few
62,
contract from 1894. The Chicago Gt. Western has contract from Sept. of the coupons have n ot yet been
1,1 895 , for 30 years at rental o f $16,000 first year and $17,500 there­ M a r y l a n d C o a l C o .—Controls 6,000 acres o f land in Alleghany
after. Capital stock, $600,000. On June 3 0 ,189 5, eurrent liabilities, and Garrett counties, Md. S t o c k .— P referred as in table, and in addi­
$27,469; current assets, $24,593. (V. 61, p. 556.)
tion old com m on, $11,100, and treasury stock, $103,895. Coal pro­
L e h i g h C o a l Ac N a v i g a t i o n .—Owns canal from Coalport to E as­ duced was; 359,624 tons in 1 8 9 6 ; 449,234 tons in 1895; 351,374 in
ton, Penn., 48 miles, and leases Delaware Division Canal, 60 miles. 1894. Annual report fo r 1896, with balance sheet, was in V. 64, p. 372.
Also owns Lehigh A Susquehanna Railroad, Phillipsburg, N. J ., to Union surplus earnings in 1896 over interest, etc., were $95,506; in 1895,
Junction, Pa., 105 miles, with branches, 56 miles, and leases for 999 $114,045; $77,596 in 1894; dividends in 1896 (3Q p. c.) called for
years Nesquehoning Valley Railroad, 17 m iles; Trescow Railroad, 7 $65,944, leaving bal. surplus for year $29,562. On new preferred in
miles; other liues, 17 m ile s; total, 202 miles, o f which 115 miles double July, 1893, paid 2*a p. c.; in 1894, 3Q d . c.; in 1895, 4^2 p. c.; in 1896,
tra ck s; but all these roads are leased fo r 999 years from 1871 to Central 5 p. c.; in 1897, Jan., 2 p. o.—(V. 62, p. 4 5 5 ; V. 64, p. 3 72.)
o f Now Jersey RR., rental being 3 3 L ner c e n to f gross earnings, with a
;i
M e t r o p o l i t a n T e l e p h o n e Sc T e l e g r a p h C o m p a n y . —In July
minimum rental o f $1,414,400. Delaware Div. Canal is leased for 99 years
’
from 1866 at interest on the bonds and 4 p. c. on stock, paid as rental. 1896, absorbed b y the N ew Y ork T elephone Co.—which see.
M e x i c a n T e l e g r a p h . —Company organized in 1878 under laws of
B o n d s .— In addition to the com pany’s bonds in tho table are the fo l­
T
low ing assumed by other com panies: B y Cent. RR. o f New Jersey, New Y ork State. Has a cable from G alveston to Tam pico and Vera Cruz,
$2,310,000 o f the gold loan due 1897; by Lehigh A Wilkesbarre Coal 738 m ile s; land line, V era Cruz to M exico City, 267 miles. Also direct
Co., $500,000 o f the gold loan d u e l8 9 7 . The general mort. o f 1884 (trus­ cable from Galveston, Texas, to C oatzacoalcos, M exico, 825 miles, dup­
tee. Fidelity Insurance Company o f Pliila.) covers, subj. to prior bonds licating the Mex. Tel. and Cen. A So. Am. Co.’ s G ulf cable system. Has
7,460 acres coal land, 48 miles canal and 161 m iles railroad; bonds are exclusive right for 50 years fo r all foreign telegram s to Mexioo,
except
neutral
on the United
reserved to retire all prior Issues not assumed by other cos.; ground border telegram s to and from a the G ulf zone Paoiflo Ocean. States
156 miles wide, betw een
and
Owns
rents and mortgages, $358,433.
2,125 shares o f the Central A So. Am. Telegraph t o , which see.
The $2,000,000 o f 6 p. 0. bonds which fell due Feb. 1 1897
The Pacific Cable Co., w hich is to lay a cable betw een San Francisco
w ere extended in gold at 4 p. c. to A pril 1 ,1 914 . Trustee o f extended’
A Japan, China, etc., was organized in 1895, and w ill operate in close
bonds is Fidelity Ins. Tr. & S. D. Co., Pliila.—V. 64, p. 41
In 1890-96, com pany sold $1,500,000 collateral trust bonds. See conn ection w ith the M exican Tel. and the Cent. A Ss. A m . Tel.
fu ll statement V. 61, p. 154.
D i v i d e n d s —In 1882 to 1886, inclusive, 8 per cen t y early; from 1887
D ivs. since 1 8 87.) 1888 1889 1890 1891 1892 1893 1894 1895 1896 to A p ril, 1897, both inclusive, at rate o f 10 per cent per annum.
P er cen t...............j 4>a
E arnings .—Surplus Dec. 31, 1896, $592,735. Gross earnings for
5
5
5
513
6
410
4
4
In 1896, M ay, 2 p. c.; N ov., 2 p. e.
year 1896, $ 3 59,6 18; net, $ 2 8 6 ,0 3 7 ; dividends, $191,260 ; bal. sur.
for year, $94,777. In 1895 gross, $3 40,6 31; net, $273,241. J. A.
A n n u a l R e p o r t .— Report for 1896 was in V. 64, p. 371. Coal profrom com pany’s property was, in 1896, 1,549,097 to n s ; in 1«95 Scrym ser, President, 37 W all St., N. Y .—(V. 62, p. 6 8 2 .)
1,521,695 tons, against 1,386,482 tons o f coal in 1894,
M i c h i g a n - P e n i n s u l a r C a r C o . — O r g a n i z a t i o n , E t c . — An
Illinois corporation form ed in 1892 by consolidation of several Detroit
Tear ending Dee. 31.
1896.
1895.
1894
companies, with an aggregate capacity o f 100 freight ears a day.
From railroads and Nesque. T un nel$l,550,6’25 $1,610,074 $1,485 515
Business established in 1864. Stock and bonds listed in New York in
S S ™ « r ' ' v ; r v n - , ...................loss 1R-0 6 0 loss 2 ,9 7 6 loss 1 6 , 9 2 7 January, 1893 ; see application in fu ll in V 56, p. 208.
Net profit on Lehigh Coal..................
226,946 loss 11,763
273 099
R oyalty on coal mined, A o.................
136,768
97 543
97 045
D i v i d e n d s .— On com m on in 1893, 8 p. c. On preferred. Dee., 1892,
to Sept., 1893, 2 p. c quarterly; in 1895, 1 p. c.; in 1S96, Feb., 1 p. 0.;
M ay, 1 p. o.; Sept., 1 p. c.; N ov., 1 p. c.; in 1897, March, none.
T „ w 2 t? lre<!!)1? ts; .............................. $1,898,279 $1,692,878 $1,838,732
Interest, rentals, taxes, A c................ 1,339,730 1,253,947 1,202,825
N et E arnings .—F or year ending Aug. 3 1 , 1896—statement and bal
ance sheet w ere in V. 63, p. 651—net earnings w ere $ 3 96,5 72; interest
............................................. $558,549
$438,931
$635,907 $100,000; dividend on preferred, $200,000; balance, surplus, $96,572. in 1894-95, net, $ 1 59,2 31; interest on firsts, $100,000; balance,
p i l i n g .............................................< 573,866(4Lp645,599
4>
' ' ‘i........................................ def. 15,317 df. 134,935 def. 9,692 surplus fo r year, $59,231, (V. 61, p. 472, 1 0 1 1 ; V 63, p. 6 5 1 .)
......................................
95,816
$95,994
99,265
M i n n e s o t a I r o n C o .—Owns a b ou t4 0 ,0 0 0 acres o f landand71ion
- < $ ? b p ’ 3 ® * ’ 683; ' v '.'63, p.' 1009; V .'S i 'p . 41, 3 '7 'i 'j......................... m ines in St. Louis, Itasca and Lake counties, Minnesota: also $500,000 stock and $4,500,000 second m ortgage bonds o f Duluth A Iron
Lchlgfi
C o a L -C o n tr o U cd b y Central RR. o f New Range RR . Co —which see. A lso in July, 1896, owned nine large steel
Jersey and
“ “ e 8 “ f anthracite coal lands and holds 3.000, steamers and five steel barges costing about $2,500,000.
additional aoriP ,
„ItJ>pi!rate51thirteen collieries and leases
D i v i d e n d s , fn 18 90,3 p e rc e n t; in 1891, 6; in 1892, 6; in 189), 3;
about 4,000 acr?f
coa* *an<*9 to various individual operators.
then none till A pril, 1896, when lb j p er cent was paid; July, 1 p. o.;
s t o c k - $ 10 ,o£?°!> J h io b
«*
500 outstanding, $6,600,000 o f none since to A pril, 1897. Offices, Mills B uilding, N. Y ., a n l Chicago.
. his being owned Central RR. o f N. J, In 1896 iuine(l 2,401,451 tons. —(V. 62, p. 364 ; V. 63, p. 601.)

Laclede Gas Light.— r g a n i z a t i o n .— Incorporated in 1857, and
O

MISCELLANEOUS STOCKS AND BONDS.

A
PRIL 1897,]

147

B onds—P r in c iMISCELLANEOUS.
IN T E R E S T O R D IV ID E N D S .
D a te S ize, o r
p a h W k en D u e.
A m ou nt
of
Par
e x p la n a tio n o f c o lu m n h ea d in g s, A c ., see n o te s on
R ate P e r WUen W h ere P a y a b le , a n d b y Stocks—L a st
O u tstan d in g
w hom .
first p a g e o f ta b les.
[ B on d s V a lu e .
'
Cent.
P a y a b le
D iv id e n d .

Minnesota Iron Oo,—S to c k ....... ......................... ......... .........:
N ational Lead Go.—S to c k , c o m m o n , .^ 15,000,000 auth*d».
P re fe rre d s to c k (7 p e r ce n t, earn.) $ 1 5 ,0 0 0 ,0 0 0 a u t h .. . .
__
N ational U n se ed Oil—S to c k (listed in N. Y . in S ept.. 1 894),
M o rtg a g e , g o ld , $ 1 ,5 0 0 ,0 0 0 (d ra w n fo r a. L, 1 0 5 } . . . . . c ! XS90
....
N ational Stare*— 1st p r a t s to c k , cu m . 8 p . o. ($ 3 ,0 0 0 ,0 0 0 )..
2d p re fe re n ce s to c k , cu m u la tiv e, 12 p .een t ($2,5 00 ,0 0 0 ?
1st m o r t g a r e d fo r $ 4 ,5 0 0 ,0 0 0 ), g o ld ............. ....................... . 1S90
N ational Wall P a p er Co,—C om m on s to c k , $ 3 0 ,0 0 0 ,0 0 0 ...
.D ebenture s to c k , $ 8 ,0 0 0 ,0 0 0 .
.................. . . . — . . . .
New V entral C ool—S to c k ....... ...............................................
New E ngla n d Telephone d T e le g r a p h -S to c k , $ 1 2 ,0 0 0 ,0 0 0 . ■ .
B onds, 1st A 2 d S e r .,e a c h $ 5 0 0 ,0 0 0 (red . up to t 0 2 ) . . . c ’ S9-'9Q
B o n d s, 3d S eries, s u b je ct to ca ll a fte r A p r il 1 ,1 9 0 1 ,a t 102 j 1391
B o n d s, 4 th S eries,fi« b jeot to ca ll a fte r A p ril 1 ,1902,a t 102 1392
B o n d s,5 th S eries,su b ject to ca ll a fte r A pril 1 ,1 9 0 3 ,at 102:
B o n d s, 6 th S eries, $ 5 0 0 ,0 0 0 , n ot s u b je ct t o ca ll . . . . . . . . . a
B on d s, 7 th S eries, $ 5 0 0 ,0 0 0 , n o t su b ject to c a ll........„ c *
1396
N ew porf News S h ip bm L tm g •£ D ry D ock.— 1 st m u rri, .c '& r 1 8 9 0
C hesapeake D ry D o ck A C on stru ction 1st m o r t g a g e .... 1887
W m f o r k B iscu it C o m p a n y -S t o c k < $ 1 0 ,0 0 0 .0 0 0 ) ........
F irst m ort. gold , sin kin g fun d, n ot s u b je ct to c a ll........e* 1891
New f o r k £ E a st D ic er Gas—S lo ck $ 2 ,0 0 0 ,0 0 0 is p r e f,}..
1894
First, m o rtg a g e ($ 3 ,5 0 0 ,0 0 0 ), g o l d . . ............. . . ...........<r
I8 sn
1st c o n s o l, m o rtg a g e ($ 5 ,0 0 0 ,0 0 0 ), g o l d .. . . . . . . . ---- . . o '
New Y ork 4 E a st D tecr Ferry— 1st M ., $ 7 5 0 ,0 0 0 , g o ld . . . . 1392

5 100 $ 1 6 ,5 0 0 ,0 0 0
Q .-J .
1 4 ,9 0 5 ,4 0 0
1 4 ,9 0 4 ,0 0 0 7 in '9 6 . Q.—-M.
100
1 8 ,0 0 0 ,0 0 0 See te x t.
1 ,0 0 0
6 it. A. i : O.
1 00
2 ,2 1 9 ,4 0 0 4 in *96. M. & X .
J. * J.
1 ,8 4 6 ,3 0 0
1 ,0 0 0
3 .8 3 7 .0 0 0
8 g. M. &, N.
2 7 ,9 3 1 .5 0 0
7 .5 0 0 .0 0 0
100
8
Q ,—J.
5 ,0 0 0 ,0 0 0 S ee te x t. V e a r lr .
100
1 0 ,3 9 4 ,6 0 0 5 in *96. Q . - F .
1 ,0 0 0
9 5 9 ,0 0 0
6
A. & 0 .
6
A. A O.
5 0 0 ,0 0 0
A. & 0 .
1,000
6
5 0 0 ,0 0 0
1 ,0 0 0
4, & O.
5 0 0 ,0 0 0
0
1 ,0 0 0
5
A. * 0 .
5 0 0 .0 0 0
A. & 0
1,000
2 0 0 .0 0 0
5
1 ,0 0 0
1 5 J .A J .
2 ,0 0 0 ,0 0 0
.1. A J.
,m *
5
6 0 0 ,0 0 0
9 ,0 0 0 .9 0 0 S ee te x t.
100
1 ,0 0 0
1 ,2 1 9 ,0 0 0
6 ft. M. A S.
100
1 .0 0 0
3 ,5 0 0 ,0 0 0
5 it. J , & J
1 ,0 0 0
1,5 0 0.00 0
5 g. ,r. a , .
1 .0 0 0
7 5 0 .0 0 0
5 K* M. & N.

100
100

100

100

1,000

I K i t i o n a l L e a d C o m p a n i ^ B b A X i M I S O f H O r p a i z c d un d er
the la w s o f N ew J e rs e y o n D ec. 7 . 1 89 1 , m m o m m o r to th e N a tion a l
L ead Trust*. I t o o o t r o la 2 6 e x t e n s iv e p la n to in clllfejreat S tates f o r the
m an u fa ctu re o f w h it# lead an d o t h e r p rcd n eta . O n ly $ 1 0 2 ,0 0 0 certifi­
ca tes o f th e o ld t ru s t w ere o u ts ta n d in g D e c e m b e r 1 ,1 8 0 5 .
S ic t r a m K * .—T h e p re fe rr e d s t o c k is en title d to 7 p, ©. p er a nnu m mimntoftv©. S e e e d it o r la lo f M ay, l&93»3(?s*FLkM£XT, a n d v . 6 0 , p , 340 .
Debenture b o n d s h a v e b een a u th o riz e d b u t n on e issued.
DiVH»ea«H.—O n p re fe rr e d , 1 80 2 , to M ar,. 1 8 9 7 ,7 p, ©. y e a r ly ( l % p .
e* quart). On com m on In 1893,2 p .e .; in 1 8 9 4 ,3 p, o ; In 1805, O ct,, l p. c.

MMSffi&h K g p ofrr.— fbfio&I j r a r e i a h ‘D ec. 3 1 . A n n u a l m e e tin g Is h eld
o n a T h u rsd a y to F e b ru a ry - 'The a n n u al r e p o rt f o r 1 89 6 in V, 6 4, p.
372 , g a v e th e fo llo w in g s ta te m e n t: N e t e a rn in g s. $ 1 ,1 7 4 ,9 9 4 ; d iv ifiends, $ 12331,423; b a la n c e , d eficit, f o r y e a r , $ 1 5 6 ,4 3 1 . In 1 8 9 3 , n o t,
$ 1 ,2 8 1,2 6 1 . In 18 9 4 , n et, $ 1 ,2 1 2 ,2 5 8 .
tSKNKMAh ItvbASCt- SHEET X H , 31, 1896.
KC
Plant lnv«»tiiien t.......$23,402,874 j Capital sto ck ................ $30,00*1,000
238,218 S urplu* D e c . 3 1 . ..
Stork on hand. . . . . . . . . 4,597.304 f M ortgages._______
12.603
i 90,000 | A ccounts payable.
T im sn rf s t o c k . . . . . . . .
7 4 ,9 0 4
Cash to ba nks . . . . . . .
5 0 3 ,3 9 5 f
246,287
N otes r e c e iv a b le .. . . . . .
Account* receivable.. 1 ,4 8 5 ,4 0 $ j

O ther In vestm en ts

.$30,692,176 i
Total, asset#.
T o t a l lia b ilit ie s ,,. $ 3 0 ,6 9 2 ,1 7 6
D otecto m . —W . H , T h o m m o n , E . 0 , t le s h o m , F. W . R ock w ell* L, A .
CWe, A R. ( 'olgats* A . P. Thm m pson, Ii. B. 8hipuaaii» 45 A. Otfivests,
D e o rge Q . Carj^enter* Jr.* Mdmmm W, B eale, J r ,, J. L. M e B im e y E , P.
B o » « a n d C harles F , W ells. O 'fv i c *?**,— Frw*Ideat h. A . C o le ; J. L.
MeBtraey, Treasurer; Charles DavDon, Hecretary.

5

11

N. Y. office. No. 1

Broadway*--*(V, 6 2 , p« 3 6 2 ; V. 6 4 , p , 3 7 2 * 1
N a t i o n a l L I it s e e d o i l . —T ills c o m p a n y , t o e o u ie r a iw l lu 1887
under the law# o f Illin o is , acm iirr d ail th e p ro p e rty »*f th e lin s e e d . O il
T rust, co n sistin g o f th e re a l esta te , ta a n h lu cri, p a ten t# , e tc . Naw
©was 3 5 ito s ce tl o i l m ills,; 3 7 flastamsd © lev ators an d w a reh ou ses, e t c .,
p le a t e d t o m a n y ettln s o f th e C n ltod Stole*,, in clu d in g C h ica go, s t
Louts, MtaneaiMdi#, t i c . Its p ro d u cts co n s is t o f raw , b o ile d an d refined
Ensiled oil a n d o il m eal an d o il ©alto—toted to r s to c k fo o d and fe rtilis e r

—and It Is said to em ploy to ttm m anufacture o f these from d o to 70 per
cen t o f th e cou n try"* a nnu al c r o p o>f to o t o tw e n ty m illion bushel*) uf

fiaxmc*L Stntlt Mated to If.- Y. to September* ISbto P*m V. 51, p. 348.
DlvibkSfbe-*—In 1888, 3Q p. 04 to 1889. 4 p. e .; to *00.4 p. e.; to *91,

1

N Y „ M ilis B u ild in g.
*.
X . Y ., 1 B ro a d w a y .
do
do
C h ica go, Office.
X .Y .C e n t.T r..A C h ica go
X. Y „ Office, 1 B ’ w a y.
do
do
N. A". .C h a s e H a tio n a lB t.

J u ly 1 5 ,"9 6 ,1 %
O ct. 1 7, *95,1%
M e h .l5 ,’ 97,1 3i
Sept. 1 6, 1 895
O ct, 1, 1 91 1
.May , *97, 2 %
Juu., 1 8 9 3 ,6 %
M a y 1, 1 9 2 0

N e w York.
N ew Y o r k Office.
B o sto n , 125 5 n ik S t.
B o sto n .B a n lt o f R e p u b .
do
do
do
do
do
do
B o s t , N a t. B k. C o m 'rce .
do
do
1. E. G a tes, 3 5 W a ll St.
do
do
C h ica go, til.
N. Y „ K o n n tze B ros.

Aj>L 1, ’ 9 7 , 2%
J an . 2 4, 1 89 4
M ay 1 5 / 9 7 ,1H
A p r. *99-1900
A p r . 1, 1 90 6
A p r. 1 , 1 9 0 7
A p r. 1, 190S
A p r. 1. 1 915
A p r . 1. 1 9 1 6
A p r. 1 5 .1 9 9 0
A p r. 1 5 ,1 9 3 7
d u ly 1, 1 896
M ek. 1, 1 911

1

N '.Y .G u aran ty T ru st Co. .Tan- 1, 1 94 4
N . Y „ Kuiok*fa*r T r. Co. J a n . 1, 1 9 4 5
N o v . 1, 1 922
......... * *‘ *

C o. d id a b o u t 6 5 p er ce n t, o f th e w a ll p a p e r b u s in e ss ; in 1 8 9 8 tu rn e d
ou t about
,
),0 0 0 ro ils o f p a p e r .
STOCK.—C o m m o n s to c k w a s o r ig in a lly $ 1 4 ,0 0 0 ,0 0 0 , b u t h a s b e e n in ­
cre a se d to $ 3 0 0 0 0 ,0 0 0 ; issu ed $ 2 7 ,9 3 1 ,5 0 0 . C o m m o n w a s Issu ed fo r
g o o d w ill, p a te n ts, e tc . Q u a rte rly d iv id e n d s o f 2 p. c , e a ch a re p a id o n
d e b e n tu re sto ck .
T h e fo llo w in g g e n e ra l b a la n c e s h e e t w a s filed in M a rch , 1 8 9 7 :
I n a b ilities—
fiasco®—
$ 7 6 8 ,4 5 3 C o m m o n s t o c k . . . . . . . . $ 2 7 ,9 3 1 ,5 0 0
B u ild in g s . . . . . . . . . . . . . .
8 ,8 5 1 ,8 2 2
2 ,4 0 9 ,4 8 7 " D e b t s ” . . . . .................
M achinery . . . . . . ____
3,618,25*1 Besetv©**................. . . . .
6 3 3 ,3 9 0
C ash mill d b to w « i r .
] M e r ch a n d ise .. . . . . . . . .
2 ,2 7 5 ,4 5 3
j P a te n t r ig h t s .. . . . . . . . . 2 8 ,2 3 1 ,5 0 0
I Miscellaneous.
1 1 5 ,58 5
j
. . $ 3 7 ,4 1 8 ,7 1 2
T o t a l .......................... $ 3 7 ,4 1 8 ,7 1 2 ' T o t a l . . . . . . . .
—45 6 1, p. 1 085 ; V. 6 2 , p . 1 08 7 , 1 1 3 9 .
N e w C e n t r a l C o a l ( M e t ,) .—O w n s c o a l lan d s in A lle g h e n y C o u n ty ,
M a ry la n d . T h e a n n u a l r e p o rt fo r y e a r e n d in g D ee. 3 1 , 1806* in V . 0 4 ,
p . 5 1 5 , sh o w e d 1 8 8 ,4 5 3 ton# m in e d , a g a in st 2 0 1 ,7 2 6 to 1 8 9 5 ,1 5 1 ,0 0 2
in 1 80 4 , 2 2 3 ,5 0 3 to n s t o 1 893 an d 2 0 1 ,4 2 8 t o u t in 1 8 9 2 ; n e t p rofits
to r yea r 1898, $ 2 3 ,0 1 8 ; to 1995.
$ 2 5 ,0 1 3 ; to 1 8 9 4 , $ 1 7 ,3 3 7 .

120 0 1
0

Balance

to credit i>f profit and loss D ecem ber 31, 1896. $181,-

0 0 3 , D ivid en ds s in ce 1-880—In 1 8 8 1 , 2 p e r c e n t ; in 1 8 8 2 a n d 1 8 8 3 ,
a i l ; t o 1 8 8 4 ,1 ;• in 1 8 3 5 , n i l ; tram 1 88 6 to 1 8 8 8 in c lu s iv e , 1 p . c.
j yt
reartar; in 1 8 9 1 ,1 ; in 1 89 2 , M a rch , 1 p . ©»; in 1 8 9 3 , F e b ., 1 p . c . ;
I ft 1 8 9 4 , J a n ., t p, c, (IT. 0 0 , p , 3 4 7 ; V , 0 4 , p . 5 1 5 . )
a
N e w E n g i a o t l T d e p l i o n r Sc T r l i g r a p l » T h is c o m p a n y d o e s a
te le p h o n e bit*in*.^i to M aine, N ow H a m p sh ire, V e rm o n t an d M a ssa ch u ­
setts u n d e r lice n s e fro m t h e A m e rica n B e ll T e le p h o n e C o. O n J a n u a r y
l , 1 80 6 , it h a d 3 1 ,1 5 0 s ta tio n * in a ll, a g a in s t 2 6 ,3 7 2 is 1 89 5 .
B o j t i w .- T h r b o n d s a re d e b e n tu re s , b u t a re t o b e s co u re d b y a n y
m o rtg a g e pin ee d on the p r o p e r ly .
D iv ttxfiVDa.— From m - 6 to 1 9 0 3 ,3 % p , c . jw ra n m stu ; in 1 8 9 4 , 4 p .o , ;
in 1 195, 48it p.
in 1*1*0, 5 p . a ; in 1897, F e b ,, H i p. o ,; M a y i t * p . o.
A vv ttA i.
F i#eal y e a r end# D ec. 3 1, R e p o r t to r 1 895 w a s
to V* 6 2, p , 9 0 0 , s h o w in g g r o s s m ,rn in m $ 2 ,4 3 0 ,1 0 2 ; n e t o v e r In te r­
est ch a rg e s w a s $ 55 7 ,7 7 4 , In 1894 g r o s s $ 2 ,1 7 2 ,2 2 0 net, $ 4 9 8 ,4 0 1
— V. 6 0 , p , $ 3 4 1 V . 6 2 , p. 9 0(1
N e w p o r t A O K d e t n n iK l I t r i d g e C o-,—So®. 8 E . Do#.

N e w p o r t New** ^ h t o h t t t l d in g

A

D ry

O n e It

Organ-

l*ed tm der an a ct o f V irgin ia o f J a n u a ry 28. 1886, as a iu en d ed F e b r u ­

ary 17, 1990. The stock authorlwul by law $6,000,000; Issued to A pril,
2 h p > e ,; fb e n niJtte till Sept,* *00* w h en 1 p . e, w a s p a id ,
1806, $2,000,000; par $100. The com pany fiwn* 108 acre* o f bind
B o f p *,—Mortgage o f 1#96 i# for $12)00,000?
Ccorgi
w ith water front, ami ha* targe plant, cooling $561,954 tor th© d ry
tPAh, N. V, City; stoktog fund o f 3 per rent *>f mtl^tosnling 1*0nd
dock and crib work, and over 15,000,000 fo r the other property* Thu
J uly 1 , 1803,011*1 y e a rly th e n w fto r , an d b o u d s ca n b e d r o w n tl
Cto«*»i>*Ktke Dry Dock .% 4?on*tr*»«rtion m ortguge ©oyoru site d ry d ock
a t 105. P ro ceed * t o re tire d eb en tu re* and fo r w o r k in g ca p ita l.
nm a west lien and she Newport New* 6hipbttlldtog A Dry Dock m ort­
A w o a i * B km K T*—F !«c $ i 3
rear en d # I>ee. 31 (fo r m e r ly J u ly 3 1 .1 gage U second to tkfi** Soo ^Satement so New V'ork. S tock Exuhanurfi to
A nnual m e e tin g t h ird W # d »e « d a y o f F e b ru a ry . N o tUeur** t o r the V. 53, pw 716. In year 1895 grow.* earning*, $671,03-8; net, $53,581.
New Y ork office, 1 Broadway*
y e a r 1 80 6 w**iw g iv e n oat* b u t fo r «iasetitito4 m a d e to s tock is
v , #4, p« 468. R e p o r t
In F e b m a r y , 1:806 IT moQtli«% fro m J u ly 3 1 , 1 894, to Dec. 3 1 . I#

$1,178,688; net profit**. $479,689; dividend
609; bahsnee, «:tt.r|»Iu*, $290,689,
IkAtA N C K i l l E g t

i m c f c ® nitm

Gmphthl «to»d
. , , . , . ,$18,*>90,0Cm Realw tt»
DeWtitiire h
t i..., .,
C ash to
4 ,2 5 5 .;
Bills payaid*
B ilii
j - wm i
Wtxwtmt aeeis.*P«
ofi wlU.j
Total Ilab
Dmmmmn.
A. C* Abbott,
T . ri, McCtolki

BoiMtog, Ch

as U
i

P*

pmmm,

1-895; , #189g

^,.084,222.
1 9 9 ,8 7 2

1
1

N e w Y o r k l i t e r It C o m p a n y . —Thb* c o m p a n y U irie o rp o ra te d
u n d er the laws o f nilnoU, a n d ow ns an d leases projicrty in New York
,
D en ver, Ofd.. A c., I S e t lim in ail. See r e p o rt o f C h ica g o S to c k E x cb a n g ©
C o m m itte e In A m ra s k 1 8 0 6 , in V . 0 3 , p . 3 5 7 . O n J a n . 1 ,1 8 9 7 , b ills
p a y a b le w e r e $ 7 7 6 ,0 9 4 ,
D lvid eu da h o rn O c to b e r t , 1 8 0 0 , to Jan* 1 ,1 $ 9 2 , b o th Inclu sly© , 11
P. c . jM'r a n n u m ; to 1892, 4 p er c e n t ; In 1 89 3 , A p ril, .1 p e r c e n t ; to
1 89 4 a n d 1895 n o n e ; in 1 8 0 6 , A p ril, 1 % p , c ,; J u ly , l % p ,
n o n e s in ce ,
JkstNVAh H w p**n*'-*S tA tcm m t f o r 1 8 9 6 in V . 6 4 , p . 662 .
♦
Gross,
NeL
|
Grans.
Net.
18 9 3 .............# 1 .7 9 3 ,8 6 0 $ 4 1 1 ,9 1 0 j 1 8 9 5 .............. $ 2 ,0 4 6 ,3 8 7 $ 6 3 3 ,0 8 0
1 8 9 4 i ,9 4 1 ,7 14
545,391» | 1 8 9 6 . . . . . . . .
( f>
5 5 8 ,0 6 0
O f f ic k its— T*re*ldenf (in J a n ., 1-^97), H e n r y J* E v a n s ; T re a s u re r,
6 1 , p. 135. hi, 663>.)

04

r»*8,221
fder Ei
t, M t o is W, f , *»rr, ?
HlmjMoj A. O . If all,
wiitot f , J .
E*
hm* c
16

:

N a tio n a l ^ t o r c h
ln c o r j»> n ib il in fVbruau f , 1 8 0 0 , inader the tow #
Of Keutueky,
p ro |mrUm c « ^ i b i : ; o f p rod d c lu g tto tii 2301#> 2 4 0
e
wlIIiOB; 'pmm n t * t AtrM yea rly , TIi# ft fu m y
Z
whom p i
trade mark#, patent#,, hiifltiM * and g o o d w ill It \ ri*, *litl
iw ‘r
m tm
In the State# o f Hm r■Y o r k ,
f » 4 iW
Bt$n til!Uss%% to w n Slid Kit
d
The- preferre* * toe toI; b u v e £*r^.fetoiice w t o p
t w ell aw M r u
i
fisad*. W ording o f p
n« tn
o f M a y , 1833,
8w
irarr, a tm or
is ho
! firtit1
On M troh 1 , 1304.
the eosotu
tftfflifili #b:wk, $ 7 8 0 , »t*d Wm:
■pi
*1,

6

m tl t$wmMm flt*t m
*>
Ho recent
8 f M L —Cemttttr
3*00; mxtolunding, $1,1(50,700.
IM m to *0*1.
*91.
n .
M
*SIS.
*90,
*97,
l#t pref„ stock___ . 8 yearly
4
,
0
0
4
May, m
w
........ * 12 yearly
0
6
O
0
0
O&totficm ................ In March, 1891„ pah4 I p. tL; w&m #inm .
in M a y. 1 89 7 , dtivtdenda in arrea r»: 1*1 pr*7. i 26 p © ; 24 priif., 52 p.e
I m i e T o w . - w . F, P M , Jr.. Prc*lidcnlis Wffl)iam Diiryi*©, C hm icr w
Chapin, C h a rk * 0.« Bum s,
*y ani Trmk«lfCf; W. B oili n tio <M
C
:
i

M m , A lbert E ffeenbroelier, C lifford B. W righ t, If. R. W*>.w!, V ice p re s .,
l o p O. A gar, H en ry W. P ie!, b r a i* T. D u ry ea .W iiltom F, H e i, R ietoird
Johnson, A, 8 . B eard sley, Fred; M. O ilb o n , f-ha*. h n n ti, V. C. M. Igm tz,
" h w Turk office, N o.-1 B roadw ay,. (V . 5 4 , p . 6 4 3 ; V. 5 6 , p. 1 7 , 1 0 135
N a t i o n a l W a l l J F a p e r C n ,—O rg a n iz ed J u ly , 1892, a n d a b s o rb e d
v?t«nty*«ikhieom paut#*. I n F e b ru a ry . 1 807, P resid en t Burn testified
Before she Lemow C o m s iitte c a t H ew Y o r k that th ere w o t © a b o u t 17
com panies onb*ids the N a tion a l C o .r a n d that th e N a tion a l W a il P a p er

2

3

Ne w X » r l t
K » « i ft ! v e r < to « c « . —Ineorporutewl. under the laws
o f New Y ork In Jafum ry, i *<04* to s u p p ly gm in New Y ork City
thm ugh tunnel 2*541 f**et long from itoveW w ood* L -1., under East
R iver to East 71*t fit., N. Y. Gu* t a r a e l Into lunoeH n Oct., 1894,
S t o c k euthorD -ed, $2.o<N),0tl0 p re fe rr e d a**d # 5 .0 0 0 ,0 0 0 co m m o n ,
O n tstu n d in g m Jafiu, 1 * 9 7 , e*»rTun*>ti, # 5 .0 0 0 ,0 0 0 ; p r o f., n o n -o ttia u ia fiv e ,
6 p . e., $ 1 ,6 7 1 ,0 0 0 , o f w h ich # 9 0 0 ,0 0 0 w as i«#ued to M a y, 1 8 9 6 , f o r
new o o ft * tr u c t io n ; trust©©^ O u ar. Trua* O o, o f S . Y. T h e c o n so l,
mottotnke is f o r $ 5 ,0 0 6 ,
, i»f w h ic h $ 3 ,5 0 0 ,0 0 0 .reserved f o r p r io r
b o n d s a n d bmiaaee f o r e At e n d in g m ain s, e tc. T ru ste e . K n ic k e rb o ck e r
T ri.9t 0 © „ s . Y.— V. 0 0 , p. 3 4 9 * ' P resid en t, A u g u st B elm on t. O ffice,
3 2 L ib e rty S L , N e w \ o r fc V . 6 0 , p . 3 4 0 ; V, 6 2 , p . 9 4 9 .
N e w Y o r k Sc E a s t it w r F i r r y * —Owiu* th e ^ A s to ria ’ * F e rr y b e Iw een A sto ria , h. I , and ftmt o f 2d fit., N ew Y ork, and h a « th ree fe r r y b o a ts . O a p ilal s to c k , # 7 5 0 ,0 0 0 ; d iv id e n d s a re p a y a b le Q .— 6 ,: m 1895,
3 jK <?,; in 18911, 4 p, e.; In 1 8 9 7 , (f). M o rtg a g e tru stee is K n io k e rb o ck e r T ru st *;o., N ew Y o rk . D ir ie t o r s (O ct., ’063—W ill!a m A . N ash,
'
T h ro . F. J a c k so n , II. K* K n a p p . E m iiou el L e t o a f l an d R »sw ell E ldrhl 1 a .
N e w Y o r k Sc N e w J e r s e y B r i d g e C’ o „ — Orrii-nlxed to b u ild a
suspensioTi b rid g e a e r»* s tin* flu is o Q R iv e r from b etw een 59th a n d 6 0 th
f its ' N. Y. (T ty , to New J e rs e y . P resid en t, J a m e s 8. C lark son ; V icei P rc d d e tit, L ou is W indbuiU er; ^ ccretarj*, (X II. s w a n . OlTlce, 214. B ro a d ­
w a y, N. Y. (V . 62, p. 5 4 8 , 1041; V 6 3, p . 154, 1010.
*.
j
N e w Y o r k Sc N e w J cr * * e y T e l e p h o n e , —O p e r a te s te le p h o n e
lines under p e rp e tn a l lice n s e from the B ell C o m p a n y in S taton Isla n d ,
L o n g Island (to ch id in g B ro o k ly n ), 1 New J e rs e y in cm m tle s o f B ergen ,
E ssex, H u d son , M id d le se x , M om w onth, M orris, P a ss a ic, S o m e r se t'a n d
U nion, Its tota l sta tio n s o n J an . 1 ,1 8 9 7 , w ere 14,333 (o f which 6 ,8 1 8
in L o n g Isla n d ), 11,8 33 to 1 8 9 6 ,1 0 ,1 0 2 in 1 895 and 9 ,6 7 1 t o 1 894.

00
1

9

1
1

148

INVESTORS’ SUPPLEMENT.

[Y ol . L X IV .

B onds—P rin ci­
INTEREST OR DIVIDENDS.
MISCELLANEOUS.
Date Size, or
pal,^When Due.
A m ount
Par
of
Rate per When W here Payable, and by Stocks—Last
For oxpil nation o f oo luiun headings, Ac , see notes on
Cent. P ayable1
Whom.
Bonds Value. Outstanding
first pa ge o f tables.
Dividend.
N.Y. Mutu */ Tel.—Mutual Un. Tel. 1 s tM ..g., gu .,n ot dr’ ii. e
New York it New Jerst V Teleph one—Stock $5.000,000...
n.M.< io w ls t)$ l,5 ( 0.000 g..B.f. $20,000 y ’ rly.notdr.c*
N. 1
itario L an d - l st M.. $600,000. g. red. at 110. c*
>hone.—Met. T. A.
1st M., g.. i. f ............. cAr
X. 1
Vompu n y —Stock fo r $10,000,000..
Niat,
10,000,000, g., cou | J A J ; reg. $ 500, Q—J.e& r
i.
Is
___________
rira n—Stock for $r 0.000.000___
Non
Equipment—Stock.
Non
Sort
*rn Tel.—8toe It, 4 ria ing to 6 p.c., uuar. West.Un.
sink, fund. bonds not drawn, interest g u a r.c '
Is
Ohio Fall# Car M anufacturing C o —Common stock .......
Preferred stock, 8 per cent, cum ulative, g o ld .................
1st M.. gold, $20,000 p er an., subj. to call at 1 0 5 ...o * * r
Oregon Improvement Co.—Stock, c o m m o n ...........................
Preferred stock issued in 1888, 7 p. o., noil-cumulative.
1st m ortgage, gold, sink, fund 1 p c. yearly. See text
Consolidated m ortgage for $15,000,000, gold..............c w
Pacific Mail Steamship—S to c k .............................................
Pennsylvania Canal—Gen. M., $5,000,000, int. guar.-.c*
Pennsylvania Coal—S to c k .......................................................
Pennsylvania Heat, Light <t Power—Com. stock, full paid.
Pref. stock (in "May, 1897, $35 paid) 6 p. c. cum ............
Trust Certificates, gold (Edison stock as collateral) —
Pennsylvania Steel Co.—Old Penna. S*eel lBt M., cur---- r
Maryland Steel 1st m ortgage, currency......................... r

1881
1890
1890
1888
1891

1874
1892
1880
1889
1870

1896
1887
1892

$1,000 $1,957,000
6 g. M. A N. N. Y ., West. Union Tel. May 1, 1911
100
See text.
7 in ’ 96. Q.—J.15 Brooklyn, 16 Smith St. A pl.15,’9 7 .1 Lj
1,261,000
100
5 g. M. & N. N. Y ., A tlantic Tr. Co. May 1, 1920
500
565.000
6 g. F. & A. N. Y ., Central TrustCo. Feb. 1, 1910
1.961.000
1,000
5 g. M. A N. N. Y ., 18 C ortlandt St. May 1. 1918
2.798.000
100
500, Ac.
5.000. 000
5 g. J. & J. N. Y. Mills Building
Jan. 1, 1932
39,733,600
100
100
3.000.
000 6
Var. IN. Y ., H oyt, 36 Wall St. Sep.30,’96, lLj
2.500.000
50
e J. A J ■N. Y ., West. Un. Tel. Co. Jan. 1, 1897
500
J. & J,
do
do
7
1.180.000
Jan. 1. 1904
400.000
100
j yearly. N.Y., Maitland, C.& Co. July 24 .189 3
800.000
100
' 8 g.
Q .- J .
do
do
July, ’ 96, 2 %
1,000
520.000
do
do
6 g. A. A O.
Oet. 1, 1922
7.000.
000
100
Aug. 1, 1890
100
310.000
....... |M. A 8. N. Y. Of., 10 Wall St.
Mch. 1, 1893
4.071.000
1,000
6 g. J. A D. June,’ 96,pd.O ct. 1S,’ 9G. Deo. 1, 1910
6.214.000
1,000
5 g. A. A O. Apr. *95, coup, last paid. Oct. 1, 1939
100
20,000,000 See text ;J. A D. N. Y. M ercantile Trust. Dec. 1, ’ 96,1%
2.519.000
1,000
6
J A J, Phila.,Broad St. 3tation July, 1910
J.
50
5.000.
000 in ’96 Q.—F. New York, 1 Broadway. May 1,’97, 4%
16
5.000.
000 text.
50
See
Apl. 5, ’ 97, 1%
5.000. 000
50
See text.
See text.
100 Ac. abt. r,ooo,coo
5 g. | .......
Philadelphia.
A ft. A pr., 1946
1.000. 000
1,000
5
M. & N. Philadelphia Office,
Nov. 1, 1917
2.000,000
1,000
5
F. & A.
do
do
Feb. 1, 1922

S tock .—In February 1894. increased from $2,535,000 to $3,500,000 ow ning the Franklin mine, with 3.050 acres coal lands at Franklin
and lu March, 1896, to $5,000,000, fo r im provem ents—see V. 64, p. 515 and 2,083 acres at New Castle. See editorial V, 60, p. 954.
Bon i>8 —General mortgage o f 1890 is n ow a first lien. Generals for
D efa u l t .—Consol, coupons due Oct. 1, 1895, were n ot paid and C J
$150,000 and $396,900 o f stock were held on treasury on Dec. 31, Smith o f Seattle was appointed receiver Oet. 4. Foreclosure proceed ­
1896. for improvements, etc. Trustee gen. mort., Atlantic Trust Co. ings under both itrst and consolidated m ortgages were consolidated in
Bills payable Dec. 31, 1896, $50,000; real estate mortgages, $121,500. July, 1896. V. 63, p. 155. The first m ortgage interest due June 1
D ividends .— > 1892.
1893.
1894.
1895.
1896. 1896, was paid at Farm ers’ L. & T. Co. on Oet. 15. (V. 63, p. 715.)
Per Cent.
S 6
6
7
7
7
R eo rgan ization Committees . -J o h n T. W aterbury, Chairman- T
In 1897, January, 1**3 p. c. and 1 p. c. e x tr a ; in A pril, l ^ p . c.
Jelierson Coolidge, Jr., Edwin S. H ooley.J. S. Bache, E. Rollins Mo’rseE arnings .—R eport for year ending Dee. 3 1 ,1 8 9 6 , was in V. 64, p. depositary, Manhattan Trust Co., N. Y., or Old Colony Trust Co., Boston'
Consol. Committee.—Chairman, R. G. K olston; H. A m y and. H enry K
5 1 5 ,showing gross, $1,554,585; not, $4 77,7 31; interest, taxes, etc.,
$107,268 ; dividends, $253,365 ; balance, surplus, $117,098. In 1895, MeHarg. The plan o f this com m ittee w as in V. 63, p. 923.
gross, $1,405,882; uet, $550,607: interest, taxes, etc.. $106.504; divi­
P lan .—1 he W aterbury Comm ittee presented the follow in g nlan in
T
dends, $ : 15,125 ; balance, surplus, $228,978. (V. 64, p. 5 1 5 .)
May, 1896; see details in V. 62, p. 990. see also V. 63, p. 269
New Securities.—F irst m ortgage 5 per cent gold bonds, $5,000 000New York A Ontario I,and Co.—
:
Organized in 1889 in interest
o f New York Ontario A Western RR. Co. to acquire anthracite coal nim-cuihulative 4 per cent preferred -took, $5,000,000; com m on stock’
lands in the Lackawanna Valley, “ aggregating about 855 acres,” and $9,000,000. New firsts for $521,900 are reserved fo r new steam ships’
’
estimated to contain at least 7,000,000 tons o f coal. The coal is leased etc., at n ot over $100,000 per annum. [If Coupon June 1 ,1 8 9 6 .]
And r e'eiv e to the New Y ork A Scranton Coal Co., minimum production to be
Old securities—
P ay Assess. Cash 1 st 1/ 5s nf.stock. Com.stick.
300,000 tons yearly, and is all hauled by the N. Y. Out. A W. Bonds 1st M. $1,000 bonds
None
If $30
110%
.........
redeemed, $35,000, sinning fund being 6 cents per ton o f coal mined; Consol. M. b o n d s ...
12*2%
..........................
6215%
75%
trustee, Central Trust Co., N. Y. See V. 50, p. 105.
Pref. s to c k ...............
121*2%
..........................
62^ %
75%
New York A 'WHkeslmrre Coal.—
:
See page 154.
Common stock
10%
New York Siiaquclianna A Western Coal.—
:
See page 154.
The plan has been accepted by the holders o f 'a large am ount o / t h e
Netv York Telephone.—
In 1896 this com pany took over the firsts and has been underwritten, bu t in A pril. 1897, was in abeyance
business o f the M etropolitan T. A T. Co, with exclusive rights under a
B onds .—U nder consol, m ortgage fo r $15,000,000 trustee is Farmers’
perpetual license from the A m erican Bell Telephone Co. to the tele­ Loan & Trust Co. The first m ortgage bonds are subject to call for the
phone business within the city or N ew Y ork and its suburbs, its terri­ Sinking fund at par if n ot purchasable at 106. See V. 56, p. 142.
tory having a radius o f 33 miles from the New York City Hall in all
E arnings .—3 m on th s,) 1896-97........... Gross, $7 14,4 16: net. $77 341
directions) and the W estchester Telephone Co. (V. 63, p. 30.) The
Dec. 1 to Feb. 28.
51895-96........... Gross, 7 1 1 ,4 9 3 ; net, 11*261
Met. T. & T. bonds were assumed.
A nnual REPORT.-Fiscal year ends N ovem ber 30. The rep ort o f
O fficers .—President, Charles F. Cutler; Secretary, John H. Cahill, Thomas L. Greene on the financial and business affairs o f the com ­
Treasurer, W illiam H. Driver. (V..63, p. 30, 229.)
pany, presented in March, 1896, was given in V. 62, p. 1084 and should
Niagara Falls Power Company.—
Organized in 1886 and un­ be consulted. I t states: “ The net earnings for 1895, after deducting
der speoial aots o f New York State has authority to use the water of operating expenses and taxes, w ere $390,000, to w hich should be
Niagara River for developing pow er at Niagara Falls, and also to
, e,“ , ,
P rop ortion o f cost o f opening new shafts at mines, that
transm it any power, heat or light developed from such water to prac­ should im distributed over five years, $50,000, m aking the total in­
tically any point in New Y ork State. Its hydraulic works, with a cap­ com e from operation $440,000. From these earnings there should lie
acity o f 100,000 horse power, have been constructed and include the deducted the sum o f $150,000 fo r depreciation and im provem ent of
building of 7,000 feet o f tunuel, with intake canal, wheel-pits, etc. The steamships. The total tixed charges on bonds issued is $685 870
com pany has 1,071 acres o f land. The tunnel was first used January,
Com pany’s report for year ending Nov. 30, 1896, was given In V 64
1894. See editorial V. 61, p. 46. Buffalo (Street) Ry. obtains power p. 284, 605. Im provem ent requirem ents fo r 1897 are estimated hv the
from this com pany. (V. 63, p. 923,1114.)
receiver at $2,170,000 (Mr. Greene In 1896 estim ated the immediate
sto ck .—Stock, authorized by charter $10,000,000; by stockholders cash requirem ents at $ l,5 0 0 ,0 0 0 )-s e e V. 64, p. 605.
$3,000,000. Issued to March 1, 1»96, $2,798,000.
y e a r ending Nov. 30.,—---- ------ 18 96-1 8 9 5 E a m in gs—
Gross.
Net.
Gross.
Net.
B onds .—Mortgage (trusteeis Central TrustCo.) covers 1,071 acres of
Pacific Coast 8S. C o ...$2,275,234
$108,526 $2,237,579
city property, tunnels, franchises, rights-of-way, etc. In March 1896
$167,122
117,259
13,037
127,266
$5,000,000 bonds authorized to be issued. Agent is Cataract Construc­ Pacific Coast Ry. C o...
24,798
260,154
123,738
263,054
tion Co. O fficers —President. Edward D. A d am s; l st Vice President Col. & P uget S. RR. Co.
132,277
1 * OQQ
3
39,792
39,137
Francis Lynde Stetson ; 2d Vice-Pres., Edward A. W ick e s; Secy, and! Seattle & Nor. Ry. Co.
11,577
P ort Town. S. R R . C o ..
'
10;431 loss 13^769
Treas., W. B. Rankine, 15 B road Street, N.Y. City.—(V. 64, p. 2340
15,026
loss 9,317
C oal D epartm ent..............................439,616
123,837
507,646
109,911
N o r t h A m e r i c a n C o m p a n y .—O rganization .—Organizedin 1890 Steam ers........................
79,135
7,717
68,795
3,062
under laws o f New Jersey, as successor to the Oregon A Trans-Conti­
nental Co. Is interested in street railw ay and electric enterprises.
T otal............................ $3,221,621
$376,384 $3,258,503
$440,030
M il w a u k e e E lectric R a il w a y & L igh t C o .-T h is com pany, con­ Gen. exp. and ta x es........................
22,143
50,113
trolled by the N. A. Co owns the entire system o f street railways
and has exclusive franchise for distributing electric light and power Balance fo r charges.................
$354,240
$389,917
in Milwaukee V. 62, p. 1136. See Stre et R a il w a y S upplement ^
—(V. 64, p. 2 8 4 , 6 0 5 .)
Cincinnati E dison E lectric Com pany .—This com pany has se­
P a c i f i c J I a il S t e a m s li i p .—The trans-Continental railroads gave
cured the contract for the public lighting o f the entire city o f Cin* SB8 ^ ^ J ^ sh ip . Co. a subsidy o f $75,000 minimum per month
oiRnan for eleven years and with it a valuable franchise for comm ercial b u tjh is was discontinued in 1892, necessitating a term ination o f the
lighting for the term o f twenty years. Net earnings for year ending arrangement with the Panam a R R . Co. A n agreem ent made with the
A pril 30, 1896, o f Cincinnati Edison Co. were $70,000.
b Panama RR . m Decem ber, 1895, fo r 3 years cov ers jo in t traffic between
«/S.AP^
TAKf5I OCIV“7?,1 Nortl1 American authorized capital is $50 000 - New Y ork and Central Am erica and M exico and the U. 8. P a ific coast.
i.e
V. 63, p. 78. No dividends from 1887 until D ec., 1896, when 1 p. c.
000, of which only $40,000,000 lias been issued, this having been e x
changed, share for share, for stock o f the Oregon & Trans-Continental!
P* 923. On April 30, 1896, current liabilities were
$173,381; current assets, $1,237,706.
A nnual REPORT.-Fiscal year ends May 31. Annual meeting is held
L atest E a r n ’ gs .—10 ms., ? 1896-7.Gross, $3,350,7L2; net, $637,092
" J®™6 City on third Wednesday in June. Report for 189#-96 w is
/
in \. 62, p. 1136. No incom e account, is given, only the following
M ay 1 to Feb. 28.
$ 1895-6 Gross, 3,540,500; net, 716,7o4
statement o f M ay 3 1 ,1 8 9 6 : A s s im .-M ilw a u k e e E lectric Rv & L M it
A nnual R eport .—Fiscal year ends A p ril 30; report for 1895-96 was
stock, $5,468,800; Cincinnati Edison E lectric stock, .$382,733: other given at length In V. 63, p. 74, 77, show ing:
stocks, etc., valued at $39,741; accounts receivable, $253,130; secured
Year ending A pr. 30.
189 H
.
1895.
1894.
1893.
n ,:?-,. H ° - 739VCIwh- ^ 3 4 ,5 6 5 . L ia b il it ie s .
The com pany has no Atlantic lines.......................... $230,119 $223,829 $170,839 $688,389
liabilities, except current expenses and an open account o f $17,860 ”
Panama lines......................... 2,162,801 2,105,435 1,730,845 2,CB2,152
—
DlKECTOBS.-Edward Q. Keasbey, John I.B eg g s, C. W. Wetmore 8 w Trans-Pacilic line................ 1,463,’958 1,362,437 1,498,410 1,^ 5 ,2 2 4
74,060
Burt, J. Hobart Herrick, Nelson Robinson, G. R. Sheldon Edward F d «,' Subsidies...............................
80,000
69,487
27.733
Hen r y C Payne. President. C. W. W etm ore; Secretary and T?eas^irer M iscellaneous...................... 292,000
316,171
364,512
134,975
Edward Edes; New York Office, 32 Broad St. (V. 62, p 1088, I X 3 6 ) ’
Total earnings............ $4,222,938 $4,087,872 $3,834,093 $4,118,473
i ? ° U l ^ ’,,.e r n T e le a r r a p h .-O w n s 8-000 miles o f w ire and is
$712,632 $475,461 def.56,742
leased to Western Union for 99 y 3are, with guaranteed dividend( Net e a rn in g s.......... .............$708,382
D irectors and O f f icers —Henry Hart, Isaac E. Gates, Calvin 8.
rising ie per cent a year to 6 in 1897 and afterward.
mends,
B nee, Samuel Thomas, Joseph Richardson, Geo. J. Gould, Russell
Ohio Fail. Car manufacturing.—
See this S upplement p 154
’ CoUis P. Huntington, President; R. P. Schwerin, V ice-President;
Oregon Improvement Company.—
This com pany controls the
Secretary; Jos. Hellen, Treas., Mills Building, N. Y.
—(V. 62, p. 82, 594. 742, 986, 1140; V. 63, p. 7 4 , 7 7 . 881, 923.)
and operates five steamship W s running !ts. entire capital stock)
between
P e o r i a W a t e r . —See this S u pplem en t , page 154.
Francisco
Portland, Victoria, Sitka, F ort Brag^, S a n D i e ^ &o
owns ali
P e n n s y l v a n i a C a n a l .—W orked in interest o f Pennsylvania RR.,
jJV'ch guarantees interest on bonds and owns $3,517,150 of the $4.501,200 stock. Matured gen. m ort. coupons unpaid by this company
Dec. 3 1 ,1896,were $1,406,370. Earnings fo r year ending Dec. 31,1896,
’ net» $1 ,923 ;
on bonds (not paid by company)
f r 290; balance, deficit for interest L49.362. Iu 1895, gross, $66,693;
151
year, $
asssr& f ^ M
^ ’to3^ ^
^ h pi
deficit under onerat ng expenses, $ 3 ,544 ; other incom e, $7,519; in­
Olympia to Tenlno, Wash., 15 miles
th ^ F r a n lu n Coal Co!
terest charges, $151,440; bal., deficit for year, $147,465.

MISCELLANEOUS STOCKS AND BONDS,

A IL, 1337.]
BR
1

'„ , „

149

f i b e r s w i l l c o n f n - a s r e a t f a v o r by- g i v i n g I m m e d i a t e n o t i c e o f a n y - e r r o r d i s c o v e r e d I n t U e s e T a b l e s :

B on d s—P r in c i­
M IS C E L L A N E O U S .
IN T E R E S T O R D IV ID E N D S .
D ate S ize, o r
p al. W hen D a e .
A m ount
of
Far
R a t e p e r W hen
W here P a y a b le , an d b y S t o c k s — L
F or e x p la n a tio n o f c o lu m n h ea d in g s , A c ., s ee n o t e s on
B ond s V idus. O u tsta n d in g
D iv id e n d .
W hom .
t o t p a g e o f tab les.
C ent.
P ayable

Penns.'/Ivan at s'- el—\O&ncl

'on-ed.M .,.$* ,00 0,00 0,g.C

f Z r i a d 'a fe r -M a r t., stored. a ft. N ov. 1 .1 8 9 0 , a t 1 0 5 ..C '
Philatfetuhut Compttnn— (N atu ral G as) s t o c k ........................
* - . -I . ... „ ->2.".<>,(iWUl .-•early, ue: .iravas.................. . . . c
.
iStoS-tA '0<I p iio r lr rinf flrifarn
P urchase m o u sy m o r t g a g e ...................................................... P Lorittmrd Co.—C om m on s t o c k ............... - .......... - ................
P t e f s to c k , 8 i>. r .. ru m ., p u t as t o a ssets an d e a rn m P rocter & M m M l O m H M S s t o c k ............................................
Pref s to c k t8 p .e .. eutn. . .See term s in e d . H a y / 9 3 , 8 c r .
XSt M . g.. su b fect to ca l! at 1 1 0 a fte r J u ly 1 , 1 9 0 0 . . . . t pvU m an's festa ce Cat— S t o c k .......................................................
OMCKSUcer M ho «>/—COIUWOBI StOCk........ ................................. P referred s to c k , 7 per c e n t, n ot e n tn u la U y e .....................
KnUrr.it Km uptneu* C om p a n y o f M in n esota. —S t o c k .......
1st M ortg., gold , * 5 0 .0 0 0 reiL y e ’ rly in N o v . a t 1 0 0 ........
C ar
0 0 ,0 0 0 tp art red. y e a r l y ) ...............................
R a m i Transit F er ry —-1st M ., g o ld , red. a fte r 1 0 0 4 , s. f .c
Rhode M a u d P er k in s H orse .Shot—G en era l (com .) s t o c k ,
P ia 'a m -d . 7 p e r c e n t c u m u la tiv e ............................................
St pant <t Stems Oita K ti.—L and s to c k , $ 3 ,4 0 0 ,0 0 0 ...........
Stotts o U itS lS . P a w l.—l a n d g r a n t m o rt., g o ld , in c o m e ..
..n*tK B ro o k ly n HU. £ T erm in a l.—P rot. m o rtg a g e n otes.
M o r tg a g e ............................... - ............ ............... ..........................
Southern i jLilantie T e U g r a p h -S U x * .(gu a r, a p e r c e n t).
Southern Colton Oil—S tock (see t e x t s ...................................
South Yuba Water C o.—1st m o rtg a g e b o n d s ........................
Consol, m o rtg a g e , v o id . *1 ,3 0 0.1)0 0 ........................... .........

1

1895 $500 A c
1 88 9
1 ,0 0 0
-50
1888
1 ,0 0 0
....
1 890

1891
1 89 6
1894
1 872
1871

1 *20,000

100.000

1,000
IOO
100 1
500 |
25
50
50
1 .0 0 0

P r m m l v a i d u C o a l . —O w n - c o a l la u d * in W y om in g V a lle y , Pa
D ivlilm n U sin ce 1 8 8 1 —F rom 1 882 t o M a y, 1 8 9 7 . In clu siv e , 16 p e r ce n t
t p er an. In F e b ., 1 8 9 4 , p a id 4 p-.e. e x t r a a n d in D e c , 1 89 6 , 5 p . o. e x tra .

6 g . M. A- S. G ira rd L. t., A. A T r .,P h il S ept. 1, 1 92 5
S ot. 1, 1919
I n d e fa u lt.
6 g. M. A N.
P ittsb u rg ,8 2 0 P e n n A t . J u ly 1, 1 895
t|E
—J.
J . & Xl. N. T . C ity. M erc, T r. Co. D ec. 1, 1 8 9 8

7,500.-s0 0 S ee te x t
5 1 .0 0 0
6
•15.000
See
3 .0 0 0 .
0 0 0 te x t.
2.000.
000 ann.
8 p.
2 .2 5 0 .0 0 0 See te x t,
2 .2 5 0 .0 0 0 8 p . ann.
2,000,000
6 g3 6 ,0 0 0 ,0 0 0 8 p . ann.
5 .7 0 8 ,7 0 0
4 ,2 9 1 ,3 0 0
9 9 6 .5 0 0 6 p e r an.
5 4 0 .0 0 0
6 g.

100
100
1 00
1 00
1 ,0 0 0
io o
100
100
100

1 88 8
__ T
1890
1893

$ 3 ,2 3 3 ,0 0 0

6 8 0 .0 0 0

1. 0 0
0.

1 .7 5 0 .0 0 0
3 7 0 .0 0 0
5 7 6 .5 0 0

P. & A .
Q-—J. N. Y „ B a rin g . Mairoun.
F .& A . i s C in e ltin a ti,0 .,C o . Office.
do
do
Q-—JJ. & J. N. Y .. M erean tU e N at.B h
Q . - F . N. 17, F a rm . L. & T r. Co.

F e b . 1 5. 1896
A p r. 1 , 9 7. 2%
F eb , 15, '9 7 , 6
A p r.1 5 ,’ 9 7 ,2 ? 0
J u ly l . 1 940
M ay 1 5 /9 7 ,2 %
1882, % %

X. Y ., O f., 2 0 N a ssau St.
1891. 4%%
M. A N. N ew Y o r k A L on d on .
May 1 /9 7 , 3%
J. A D . N. Y .. U a it. ,Co p p c ll A Co J u n e 1, 1 9 0 i
J u n e 1 ,1 9 0 6
N ot . 1, 1944
N ew Y o r k .
5 g. M . A N.
5,
Bee t e x t . Q . - J . r j C o.'s O ffice, P ro v id e n ce J u ly , '9 6 , l <
A p r . 1 5 7 9 7 1%
do
do
7
Q . - J . O'
S t.F a u l.E .M . V a n D u zee
}
(0
8 t. P a u l, M inn.
N o tU x e d .
S e e text. J. A J.

00
0

100.000
1.200.000

M. A N.
M a y T ," 1 92 8
5
5 5 9 .5 2 5 5 per fin. A . A O. N. Y ., W est. U n io n T e l A p r fl/9 7 ,2 V o
F ro m C a iu d en ~ b y eh’ ck J u n e 1 5 ,1 8 9 5
Isee rein.
000
A p r. 1, 1 9 1 0
A .' A O .
;
«
6 g . J . A J. N . Y . F a rm . L , A T r. Co. J u lv 1 , 1 92 3
4 7 8 .0 0 0 !

2.000.

ca p ita liz e s om e part o f th is su rp lu s. V . 61, p. 612. A * t o C e n tra l
T ra n s p o rta tio n Co. su it to r e c o v e r re n ta ls, see V . 6 2 , p . 1 3 9 , 234 .
D m o B S D S s in ce 1 8 7 0 —F ro m 1 87 7 to 1 8 8 0 In clu siv e , S p e r c e n t: fro m
1881 to 1 8 8 3 In clu sive. 9>*; fr o m 1 8 8 * t o S tay, 1 8 9 7 , 8 p . et. y e a r ly .
R e p o r t .— Re p o rt f o r 1 8 9 5 -9 6 w a s in V , 63, p. 7 0 0 , 754.
Y ea rs ending J u ly 3 1 .
1 89 6 .
1895.
1394.
# 9 ,1 6 2 ,4 6 0 $ 7 ,1 5 2 ,8 5 3 $ 8 ,7 0 1 ,9 3 5
E arnings fro m c a r s ................
i'a te n t ro y a ltie s,in a a u f. p ro fits, A c. 1 ,0 8 1 ,9 2 3
1,09-1,772
8 3 3 ,1 3 2

P e n n s y l v a n i a ! H e a t , f i g h t A P o w e r C o . —O r g a n iz e d in 1 89 5 .
rn M arch, 1896, lea sed the E d ison E le c tr ic L ig h t C o. o f P h ila d e lp h ia fo r
-99 years a t a g u a ra n teed d iv id e n d o f 8 p . « . f o r th e fir -t t w o y e a r* a n d
9 per re n t th e re a fte r, b u t h old ers o f n e a rly a ll th e E d is on C o m p a n y 's
♦LOOO.OOO s to c k a c c e p t e d f o r th eir s t o c k # 5 0 in ca sh anil # 1 0 0 tru st
eertincate p*-r sh a re. V . 6 2 , p . 3 2 0 . In M a y, 1 6 9 6 , th e s to c k ..{ the
E lectric T ru st w a s oarcbsi.«ea, S e e V. 6 2 , p. V90 an d 9 8 0 . In J u ly ,
T o ta l re v e n u e ...................................$ 9 ,2 * 4 .8 8 3 # 8 ,3 4 7 ,6 2 5 $ 9 ,5 9 5 ,0 0 7
t m c o m p a n y was sa id to h a v e a p r a c t ic a l m o n o p o ly o f th e e t c :- O p era tin g e x p e n s e s . . . . ...................... $ 3 ,7 3 0 ,0 7 9 $ 3 ,5 1 1 ,0 3 0 $ 3 ,4 9 7 ,2 9 8
tricd ig b tm g bustue** In P h ila d e lp h ia , e x c e p t iti a fe w o u t ly in g d is ­ Paid o t '. - r sleeplng-O ar a - *oetatl«juc
6 4 7 ,8 9 7
7 4 6 ,2 0 4
8 9 7 .3 5 2
tricts, *Bd was p r o p o s in g to u tiliz e Its e x h a u s t s te a m t o r h ea t se rv ice
O th er e x p e n s e * ........ ..........................
1 3 8 ,9 9 8
........ ...................................
2 ,6 8 0 .0 0 0
2 ,8 8 0 .0 0 0
g c a m m s * . —T h e p re fe rr e d s to c k w a s # 3 5 p a id p e r -h a re in M arch, D ividen ds o n ca p ita l s t o c k .............. 2 ,8 8 9 ,0 0 0
j :, . ru e tru st ce n tfla o b -s (ta x e x e m p t) a re s e cu re d by d e p o sit w ith
the C ity T rust S afe D e p o s it A s u r e t y C o. o f an e q u a l a m ou n t o f E d is o n ! N et su rp lu s f o r y e a r ...........................$ 1 ,6 4 7 ,4 0 9 $1?41O ,301 $ 2 ,3 2 0 ,4 1 7
N. Y . office , 15 B roa d St. (V . 6 2, p . 139, 2 3 4 : V. 6 3 , p, 7 0 0 , 754.1
stock ; they are su b ject to ca ll a fter A p ril 1 ,1 9 4 6 .
D lv Ih E X tot.-O n com m on p a r v a lu e first d iv id e n d A p ril, 1 89 7 . I p, c.
( t n i c k O l i v e r . t u n i n g . —O w n* q u ick s ilv e r m in e s a t N e w -U n la d e n .
- On p referred in e ta lm e n lsu a id in , p a id O ct,, 1 8 9 6 , 6 p, e>; M arch, 1,897, : C a l T h e p re fe rr e d s to c k is e n title d to 7 p e r c e n t p e r a n n u m , n o n l,
3 p. e. OB p r e fe r r e d p a r e a lu c , p a id M a rch , 1 6 9 7 , X p. c . V . 6 3 , p. 515. 5 cu m u la tiv e , a n d a n y s u rp lu s g o e s to th e co m m o n a n d p r e fe r r e d e q u a lly .
R kcobt f o y
18SW,
O »3 •
—— ..............r, * e a r e n d in g S ept. 3 0 ,. , , „ ,la C lts o g lC i.lt o f • ct, „ «1, !
EiKNtxc.u.— In y e a r e n d in g A p ril 3 0 ,1 8 9 5 , p ro d u c e d 7 ,0 0 0 Husks o f
' * " 5 .1 9 '
------1
1 «9 «. i !sf « ‘
( a u t o k s llv r r ,a v e r a g e va lu e , $ 3 2 ; t o ta l e a r n '* * , $ 2 3 5 ,8 8 7 ; n e t. $ 3 7 ,0 8 8 .

1896

87

cates. $49,502; d litd o u d o n pref., $ 7 0 /1 0 0 . bulauie, our., $148,6J—

O m c m -FrosfeJunt, M a rtin M o t e u c y ; S eetw tety and T rea su rer,
J im . B. M cCall; director*. G eorge Hiller, W. W . Gibbs, Geo. 8. Graham.

Martin M aloney, W illiam L. Elkina, John larwlier Welsh aud Thomas
Dolan. ( V, 63, p. 515, 7 9 3 -)

F e o u s y l v a i i t a s t e e l C « . —C lia rter.'d In F en n , In 1895; o w n s eigh t
i b lo it fttrnacM , w ith hit a n n u a l c a p a c i t y o f SSS.OOO k m * p i g i r o n ; a
rail m ill, c a p a c ity 4 4 0 ,0 0 0 ton * and fo r 1 6 5 ,0 0 0 ton * b o ile r steel,
beams amt o th e r p r o d u c ts , s a d a s h ip -b u ild in g and a b rtd ge-b u lM th g
plant. In elod tn * p la n t a t s t e e lt o o , F a ., w ith a n n u al c a p a c ity o f 175,to n * ; Ec*>«MM» S teel W ork *. «apae>ttr o f 3 5 0 ,0 0 0 ton s, a u d the
M aryland S teel Co- plan t » t B p arrow P oin t, near B a ltim o r e , b a r in g
annual e a p a clty o f 3 0 0 ,0 0 0 n et ton s sta n d a rd s e c tio n steel rails.

00
0

fn 1887 prodin -xl 20,0<gJ flask« having an average value o f $38 72.
N o d iv id e n d s sin ce 1691

S e e ta b le an d 8<:rri,nMK>rr, A p ril, 1 8 9 6 .

R a i l w a y K u u l p m c u l C o m p a n y o f J l i n n e s o t u . —O w n s eoU tp
m en* c o s t in g # 1 ,* 1 4 .5 0 9 , w h ich Is lsitse.1 to th e CUieitgO St, P . A
K ansas C ity R a ilw a y C o m p a n y at a re n ta l w h ich is to be m o re tltau
i • ndlelent to p a y th e !u tcr..~ : on th e b o n d s, to r e t ir e $ 5 0 ,0 0 0 b o n d s
s y e a rly a t p a r a n d t o r e d c jn i th e b a la n c e o f th e iss u e at m a tu r ity In
1901. L essee U t o k e e n the p r o p e rty In rep air. S to c k p a id in $ 9 9 6 ,5 0 0 .
! D iv id e n d * in N .Y , p a id a t M a itla n d , C o p p e ll A Ch.: tip. c p aid N o v.,
!0 9 2 ; In 1.0 9 3,3 p . e . ; 180*16 p. e . ; U i l# & 5 ,6 p . c , ; In 1 8 9 6 , 6 p . e,;
in 1897, M a y , 3 p . e. Y e a rly sta te m e n t w ith b a la n c e sh e e t « f M a y l ,
» S » « . w as g iv e n la Y. 6 3 , p .2 2 7 . l a D e e ., 1 89 6 , $ 5 0 ,0 0 0 o f b o n d s w ere
retlrw l b y th e s in k in g fa n * ! .P resident, G e o r g e C o p p e ll, N e w Y o rk .
-| V . 63. p. 2 2 7 :

Reorganized in 180S V. « 0 ,p . 873. Company ow l,- a halt Interest
In the J u ra gn a (Cuba) Iron 0>.. Ltd. See V. « 2 . p. 776.
R a p i d T r a n s i t F e r r y , —O p erate* fe r r y fr o m W h ite h a ll S tr e e t,K .
Btpio*.— Consolidated join t mortgage (Girard Life Insurant* Annuity Y ., to s t. G e o r g e , S ta ton is la n d , aeRUtred in 1 8 9 4 fr o m S ta te n Isla n d
- A Truat Ob. of ntiladeSplifaitrustee) cover* ttm plant* at • toeltoo, pa.. Rapid- T ra n o lt C o m p a n y ,
and Sparrow Point, Md . *11 o f the il.oO O .u oo o to e k o f the Maryland
STttC* m i l B o x n s .—C ap ita l » t o e k . $ 1 ,0 0 0 ,0 0 0 .; p a r, $ 1 0 0 . T h e first
Steel Co. uml #<197.500 o f toe #1.500.18)0 capital stock o f the Juragna
Iron Company. Consol* for #3.000.000 are reserved to retire the m o r tg a g e to t o r # 1 ,0 0 0 ,0 0 0 ; tru s te e , M n n ja titlie T ru st O o „ N , Y . S in k ­
prior liens. Interest, If not earned. Is pxyaole in scrip for tlr«t three in g fu n d . # 3 0 ,0 0 0 p e r y e o r . A ll bon d # a r c re d e e m a h ie o n a n y in te r e s t
■ * 805.
years from “
Sept. I ,.11895. o n D e c .3 1 . 1895, #7!7.«>0O •on*oL were p eriod on a n d a fte r J u n e 1, l o o t . F o r y e a r e n d in g J u n e 3 0 , 1 89 6 ,
ry;
reeelt
I held In the treasu ry; bills payable were #3 00.0 00; b ill, reeclvahie, grewM, $ ( 2 7 ,6 0 0 ! n et. i l 1 2 ,8 0 0 , F u r y e a r e n d in g O et. 3 1 ,1 8 9 5 , g ro ss ,
'
s-t 1 8 ,8 6 7 : net. * 1 2 4 ,0 3 4 ; in te re s t. $ 3 0 ,0 0 0 ; re n ta ls, $ 1 1 1 ,1 8 6 ; tu xes,
#154,811; due from raUroo-l*. $1.110,011: eaeb on hand. $ 3 2 1.740.
A *S tf tA, Rr.paKr.—T h e r e p o r t f o r y e a r ea d t n g i i e e .3 t .t U 9 d , w a s giv en
in V, 0 4, B. 5 6 6 . * o d d i i w e l a len t a n b o t e p la n t* o f $40.7«»4, ogatuat
a surplus o f $85,737 lo 1095. Im provement on Stoelton plant caused
■afurther e x s w n d llu r e o f #U>4.00t.—.V. 0 2 , p. 1 7 8 , *7... V. 8 4. p . so w ,
P h i l a d e l p h i a C o m p a n y , — In 1 8 * 7 th e C h a n te rs C om p a n y was
ie**n\ fo r 9 9 yea rs. T h e Pnll ulelphi.* C om p a n y c o n tr o l* t b - n .spiral
,«M production alw nt l*)tt»!oirg and vtelfttfr, ow ning o r leasing o v e r
50,000 acres gas territory ami over 1.000 miles o f pi tie*, and o p e r a t­
ing Mar. 31, 1090, 297 *** well* and 30 oil well*. Extension* o f 65
mBes Into W est V irg in ia g a s fields w ere t e a y l r M Ui M a rch , 1896.
U nder a p e rce n ta g e a g re e m e n t o f M ay 1 ,1 8 9 5 . th e fl.OOo.OOO F ea n )-«ylv4nt» N atural Gas o to e k 1* t o re c e iv e ane-hat f o f o n e p e r rent d lv !
<l*tid fo r «»rtb o n e p e r cen t p aid t o th e P h ila d elp h ia C o. stCH-kbolders,
AXSO m . RKPOitr.-— R e p o r t f o r y e a r e n d in g M ar. 3 1, 1 8 0 0 . w as in

V. 82. p. 047. On A p rll'l,.1 80$ , b f
947,
f.
April 1 1896, bills payable were #089.089: aects.
payable,
5 ,4 2 2 ; b ill* a n d aeeta. r ,c e (r a b le . *4 0 5 ,8 7 4 ; easls, # 5 7 ,3 6 3 .
Div k ik s j m - I n 1 892 p a id 4'-; p f t . ; In 1 8 9 3 , 4>i p. et.; in 188-1, 5 p.

et»: in 1895, Jan,, 3 p. cl.; none since,

tV. 02, p. 9 * 7 .)

P . L o r t i t a r d C o m p a n y . —In co r p o ra te d u n d e r la w s o f N ew J e r ­

$ 7 ,4 0 5 ; h o l a a r e .d e f i c i t ,$ 2 4 ,5 3 7 . S ee " S t a t e n Isla n d F e r r y " item *,
V. 5 9, p. 8 0 1 .6 5 1 ,7 8 2 .
R h o d e t s l a n d - F c r k i u * H o r s e s h o e C < »«M P »«»y .—OkO AN rz*.
T lo x .—M o n o ro e tu ra s h o rse «tio s« an d t o e calk# a t V alley F a lls, R. I., 6

mile* from Providence. Comm enced business In IH74 and incorporated
m » J o in t-sto ck c o m p a n y J u ly , 1 89 1 , u n d e r taw s o f N ew J e rs e y . In
1 80 5 w a s In co r p o ra te d u n d e r la w * o f R h o d e Isla n d . V , 6 1, p. 1 ,0 1 4.
STOCK—A fte r 7 p e r c e n t p e r a n n u m on cu m u la tiv e p re fe rr e d , c o m .
m on re ce iv e * u p t o 10 p , o ., th en b o th sh a re p r o ra ta . (V . 0 1. p . 1 01 4 .)
I J m n K x n * .—On p re to rre d 7 p e r ce n t p e r ua. On co m m o n . In 1 8 9 2 ,
I 2 h p - e,-, 1 893 to J a n ., 1* 9 0 , t o p. e. y e a rly |2ta p . e. o u a r t o r ly ); th e
A p ril an d J u iy , 1 8 9 0 , d iv id e n d * o n co m n o n w e re 1 p. o.; n o n e sin ce .)
E t n s t v o * . - I n y e a r e n d in g J u n e 3 0 .1 8 0 6 , n e t o v o r a ll e x p e n se * . $1-10, •
162. In 18944)3, net ¥ 106.137. in 169 3 -9 4, n et $ 2 2 5 ,8 1 6 . In 18929 3 , net $ 3 1 1 .4 1 $ ; In Til 0 2 , #:< 10.902. F o r y e a r* 1 8 8 7 t o 1 8 9 1 , luolu*l v » , n o t earn*, a v e ra g e d $ 2 6 2 ,6 5 1 7 3, A re n m u la te d su rp lu s J u n o 30,
1 3 9 5 .8 1 0 0 ,2 7 8 . S to ck 11*1*1 o n N, Y. E x ch a n g e In D e ce m b e r, 1 8 0 2 .
s t . P a u l A s l.M J X C lt y H R . L a n d G r a n t , —T his c o m p otty (W hoso
ra ilro a d * n ow o w n e d b y tint C h ica g o 84. P aul M inn, A O m aha) issu e d ,

1

sey July 1,1891. Consolidation with the American T obacco Co. was w id e r a g re e m e n t o f J a n . 1 .1 8 7 2 , $ 2 ,1 0 0 ,0 0 0 land g r u n t s to c k to r e p r e
M t m ! » July, 1 0 0 5 . v. fit, p. 6 7 . D iv id en d * o n p re fe rr e d from 1802 •cat 4 0 0 ,0 0 0 a cre * o f la n d . A b o u t $ 3 7 0 ,0 0 0 o f this s to c k rem a in s o u t

to 4 p l „ 1897, In clu sive. 8 p. e. p er annu m . On c o m m o n In 1892. 10 •landing an d T o o a c r e s rem ain u n so ld , b u t h a s b een in v o lv e d In s u it o f
p-Cvt in 1893. S p. e .; In 1 * 0 4 .1 3 p. e.t in 1 9 9 5 .9 p a ; In 1 8 9 0 .J ‘ eb .. s ta t e o f M in n esota to r e c o v e r p o ss e s sio n . T h e s u it has been ca rr ie d
3 t . e. Wm y e a r 1 8 9 1 -8 2 net p rofit* a p p lica b le t o d iv id e n d * w ere b y th e S tate to U, 8. S u p rem e Count. K. M. V an D iu e c o f SL P a u l
$49 6 ,3 1 3 ; p aid tin p re fe rr e d . $ 1 0 0 ,0 0 9 : o n co m m o n , $ 1 5 0 ,0 0 0 ; loti- m an ag es th e trust fo r t h * s to e g h o ld e ra .
nice, surplus. # 18 6 .3 1 3 . Main office. J e rs e y City. N. J .
B a lin g , MaS i o u x C i t y A S t. F a i l ! R ) t , L a n d G r a n t . —T ile b o n d s a b o v e
ainn A i o „ T r a n s fe r A g e n ts .—(V . 6 1 , p. 6 7 ; Y . 6 3. p. 2 7 .)
w ere all that re m a in e d o n M ar, 1 /9 4 , o f a u Issue orighutM y $ 2 ,8 0 0 ,0 0 0 .
P o s t a l T e l e g r a p h C a b i n . — Consolidated wilh tJie C om m ercia l On D ec.
. ’9 i.o o u | iu n n u m b e r 2 0 wa-s p a id , T h e b o n d s a re se o te te a o n
' V ile Co. in !>•■, i m b er, I Sfwi. See that o o m p *ny a n d V. 0 3 , p, UXK*.
a s p e c ific Sm.iy o f la u d s, a n d p rin c ip a l an d interest are p a y a b le o n ly
P r o c t e r S G a m b l e C o .—Formed la 18110 under laws o f New fr o m land sail--. On J a n . 1 , 1398, u m o d ifica tio n o f tile tru st d e e d w a s
e
Jersey to carry o n th e soa p , c a n d le , o ils a n d g ly e e r te e bu d m — o f m a d e a n d 2 0 n e w 8 p o r ce n t co u p o n s w e re Issued, p a y a b le a-s b e fo r e ,
Proeter & G am ble. T he m o rtg a g e cov er# a b o u t « 7 a cre * o f land .id- fro m la n d sales o n ly . A. 31. D r a k e a n d W. P , J e w e tt, tru ste e s, 8 t P a u l.
"Inlng the city o f C in cin n a ti, together with the 29 factory b u ild in gs
S o u t h e r n C o t t o n o i l , —S ee p a g e 151 tills 3uvrr.E M i.N r.
hereon. O f the common *t«>clc # lJ 8 W ,iX 8 i is not t o receiv e d ivid en d *
S o u t h e r n Ac A t l a n t i c T e l e g r a p h . —L ines leased t o W estern
mtll 13 per cent has been p a id on the rem a in d er o f the com m on .
Union (Which own* $100,475 o f -lock addltionul to that In table) aud
Iilv ibK vn s......... .......... i 1891.
1 8 0 2 t o 1*90
1097.
s to c k guar, b y re n ta l 5 p. c .
On e m m n on ................... j
8
12 p er cen t,
Feb. « p. e.
S o u th Y u b a W a t e r C o .—S ee till* MCi t u e m b s t , p a g e 151.
Esawiiroe— For r e a r e n d in g June 3 0 . 1 6 0 t. n et p rofits w ere $ 6 0 8 ,0 0 8
S p ir i t s D i s t r i b u t i n g C o .- O r g a n i z e d tn 1 89 6 u n d e r th e In n a o f
la g jta R * 6 5 1 ,3 6 0 m 1 802-03), d e d u ct In terest on b o n d s, $ 1 2 0 ,6 0 0 ; N e w J e rse y b y th e A m e rica n Spirit* d anufartU T lng C o. f o r th e p u rp o s e
Uvtdesd o n jp r e fe m d s to c k , * 1 8 0 ,0 0 0 ; d iv id e n d i,13 p « r e e im on o f h a n d lin g its p ro d u c t, th e M a n u fa c tu rin g Co. c o n tr a c tin g t o m ak e a
KHianuft,$ 2 7 0 ,0 0 0 ; holtMCe e u rp tn * .$ 1 1 8,0 09 ; t o te ! s u rp lu s fund J u ly fix e d a n n u al p a y m e n t to th e D is tr ib u tin g C o ., p a y a b le q u a rte rly , b e ­
.. 1891. #450,020 O ffice, O n o in n s tt . (V . 5 7 . p . 3 7 6 ; V . 5 9 . p. 2 9 1 .)
g in n in g M a y , 1 39 0 , su fficien t f o r th e d iv id e n d o f 7 p e r ce n t u p o n the
cu T iW ia n 's P a l a c e C a r c « . —T h e stock ha s b een In creased ft mi in sta lm e n ts p a id it) on Its (trst p re fe rre d stock . S u b scrib e rs to 1 st
ime to tim e fn p ro s id* n e w c a p lt e l. as w a n ted . (V . 3 8 , p. 8 6 0 ). In co m e preferred In April, 1396, bad been called upon for 00 per oeut. am ount­
w cou b t surplus J uly 3 1 , 1896, # 2 4 ,6 6 4 ,5 2 8 . It h a s b e e n p r o p o s e d to in g to # 1,2 0 0 ,0 0 0 . S ee V . 6 2. p 318 .

26

a

s t

150

INVESTORS’ SUPPLEMENT.

[V ol . L X IV ,

Rojids—Princi­
MI8CELLANEOU8.
INTEREST OR DIVIDENDS.
Date Size, or
pal,When Due.
Am ount
Par
of
When
F or i cplanatlon o f column headings, <fcc., see notes on
Outstanding Rate per Payable Where Payable, and by Stocks—hast
Bonds Value.
first page o f tables.
Cent.
Whom
Dividend.
$2,100,000
7
Spirits Distributing Oo.—Stock (Sec text) 1st prof. cu m .. 1896
Dec. 15, 1896
$100
4.400.000
4
Standard Oas Light—Com. stock authorized, $5,000,000.
N. Y ., 71 Broadway. Apr. 10,’ 9 7 , 1 %
100
3,721,100 See text.
Preferred stock authorized, $5,000,000...........................
do
do
J a n .il,'9 7 ,3?o
1,000
M. & N.
1.362.000
New 1st mortgage $1,500,000, g o ld ..................................c 1890
Co.
May, 1930
*
? g
m Q .-M . N. Y ., Merc. Trust ay.
100
See text. See text.
Standard OU—Certificates..................................................
N. Y., 26 Broadw
Mar. 15,'97,10
1,000
1896
F. & A. N.Y., M anhattan Trust. Aug. 1, 1946
3.000.
000
Stand. Rope & Twine— 1st M.t g., s.f., suoj. to call at 105.C*
1,000
7.500.000
ConsoL M., non-cum., incomes, g., sub), to call at par.c* 1896
I sAug. 1, 1946
45.000 sh«.
Street Railway d Illuminating—Com. stock 4 5 ,0 0 0 shs..
'Too
582,300 6 per an. F. & A N. Y. City and Boston Feb. 1, ’ 97, 3%
Prof, stock $4,500,000 6 p. e. cum. (subj. to call at 110)
1,000
1.075.000
7
Summit Brunch (P a .)—1st M., sinking fund, not draw n.. 1874
J. & J. July,’ 95 coup, last paid. Jan. 1. 1904
100
1.500.000 See text.
Sunday Creek Coal—Preferred stock, 5 per ce n t...............
Feb.
N. Y .,D avis <fcCo.36 Wall Feb. 15,’97,2%.
1,000
400.000
J. A D,
1st Mort.. gold., sinking fund., subject to call at 10 5.c* 1892
do
do
Dec. 1, 1912
1,000
1.563.000
Susqueh’na Coal.—lstM .,gu . p. < i.t s. f. not sub. toeail.c
fc
J. & J.
Phila. Co.’s Office.
Jan., 1911
100
20,000,000
Tenn. Coal I.tiR R . Co.—Common stock $20,000,000........
100
1.000.
000 an, J. & " j. N. Y., 4th Nat. Bank.
8 per
Preferred stock (8 per cent cum ulative)...........................
July 15, 1893
1,000
23,000
M. & N. N. Y .,M echanics' Bank. Nov. 1, 1901
Consolidated m ortgage............... .......................................... 1881
6
1,000
120.000
South Pittsburg Purchase, 1st m o rtg a g e ......................... 1882
F. & A. N. Y'., Fourth Vat. Bk. Feb. 1, 1902
6
1,000
300.000
A lice Furnace Co., Alabama. 1st m ortgage...................C 1882
A. & O. N. Y., M echanics’ Bank.
7
1902
1,000
675.000
Pratt Coal «fe Iron Co., Ala., 1st M., s .f., not d ra w n ... .c* 1883
M. & N.
7
do
do
Nov. 1, 1903
1,000
Birmingham, Ala., Div., con. M., g., s. f. 1%, not d’rn..o* 1887
3.399.000
J. & J. N. Y. H anover Nat. B ’k Jan. 1, 1917
§ S- A. & O.
1,000
1.271.000
Tennessee Div. bds, gold, s.f. lh i % yearly, n o td r ’n .. .c* 1887
N .Y .,4th National Bank Jan. 1, 1917
6 g.
2.428.000
( De Bard. con. M.,gd.,guar.,s .f.$3 0,00 0y*ly,not dr’n .c ’' 1890 500 &c.
F. & A. N.Y., H anover Nat. B'k.
1,
( Eureka Co. bonds................................................................
400.000
I 6' A. & O. Cincinnati,Merch.N.Bk. Feb.1904 1910
.
Cahaba 1st M., $1,100,000 gold, gu., s. f., red. at 110. .c* 1892
1,000
1,000,000
6 g- J. & D. N .Y.,4thN ational Bank. Dec. 1, 1922
100
Texas Pac. Land Trust—“ Certificates o f p ro p rie ty int’st” .
9,264,696
1,000
Trenton Delaware B ridge. - 1st M., gu. p. & i., Pa. R R ___
350.000
J. & J. Phila., Penn., RR . Co. July, 1917
Stock .—First preferred 7 p. c. cum ulative authorized *2,100,000, on
which 00 p. c.w ill bo called at first, being $1,260,000. Second preferred
$1,575,000. Common (all owned by American Spirits M anufacturing
Co.), $3,675,000. (V. 62, p. 318.)
D ividen ds .—On 1st p referred : In 1896, Juno, $1-12 per share; Sept.,
$ 1 7 5 per share; Dec,, $1’75 per share.

D ivid en ds .—On pref.-. 1893, Ha p.c.; 1 8 94,3 ; 1895, 3; in ’96, Feb 3in 1897, Feb., 3 p. c.
Oper ation s .—Output—In 1893, 678,891 ton s; in 1894. 534 760
ton s; in 1895, 510,411 tons; in 1896, 462,815 tons. F or year ending
Dec. 3 1 ,1 8 9 6 , gross incom e, $397,882; net, $100,454; int... taxes etc
$36,563; betterm ents (re-investments) $19,457; sinking fund. $7 141dividend (paid Feb., ’ 96), $45,000; bal., def. fo r year, $7,680. In 1895’
S t a n d a r d Gas Light.—
Organized in 1886. Owns 160 m iles of
gas pipes on east side o f New Y ork, north o f 13th St. Common stock griiss, $ 4 7 7 ,8 6 7 ^ Total surplus Dec. 31, 1895, $62,160.—V. 56, p. 502’.
authorized is $5,000,000. in N ov., 1896, $650,000 o f com m on was
T e n n e s s e e C o a l I r o n <fc R a i l r o a d C o m p a n y . —This company
sold, making total comm on outstanding $4,400,000. V. 63, p. 839.
Preferredstockautliorized,$5,000,000; issued, $3,721,100. D ivid en ds . owns blast furnaces, coal mines, iron mines, foundries, &e and coal
—On common in 1895, Oct., 1 p. o.; in 1896, 4 p. c.: in 1897, Jan., 1 and iron lands in Tennessee and Alabama. The total area o f mineral
p. o.; A pril, 1 p. c. On preferred in 1891, 3%p. e.; in 1892, 1 Y p, 0.; in lands and rights owned and controlled in 1893 was about 400,000 acres
1893, 4 p. c.; in 1894. 4 p. o.; In 1895, 5 ^ p. e.; in 1896, Jan., lh j p. c.; o f which 274,000 acres are in Alabama and 126,425 acres are in Ten­
July, 3 p. e.; in 1897, Jan., 3 p. o. Russell Sage, Vice-President (V. nessee. Of the latter 58,135 lie in Cocke and Green counties in the
eastern portion o f the State on the borders o f N. Carolina. Blast fur­
60, p. 1148; V. 63, p. 839.)
s t a n d a r d O il.-T h is oom pany controls petroleum oil refineries in naces Ju ly, 1895, num bered 17, and daily output o f coal 13,000 tone
A lso ow ns 30 m iles m ain line o f railroad and 50 miles o f terminals
all the principal Northern cities o f the United States, and produces
about 65 per cent o f the country’s total output o f refined oil. Also and side-track connections. Total capacity is about 15,000 tons of
con trols oil wells in Pennsylvania, Ohio and West Virginia, and has coal daily. In 11 m onths o f 1895 produced 3,415,518 tons o f coal
pipe lines for transm itting its oil to tidewater. The trust certificates In 1890 p roduction decreased only 2,832 tons from that o f 1*95
On Dec. 1 9 ,1 8 9 2 , the Cahaba Coal M ining Company was absorbed
are issued against a deposit in trust o f the stocks in the various refin­
ing, producing and transportation companies controlled by the Trust. its property consisting o f som e 44,000 acres o f coal and iron lands
Trust certificates (originally $97,250,000) are being canceled and the situated m tbe counties o f Bibb, Shelby and Jefferson, Alabama, with
Trustees sro assigning to tjje beneficial owners the legal title to the an output o f about 800,000 tons of coal per annum. Y, 55, p 60 463
A n amalgamation with the De Bardeleben Coal & Iron Company was
stocks w hich were form erly held in irust. An ’ ’assignm ent” therefore
represents a share in the legal ownership o f the com bined properties, consum m ated in September, 1892. M erely a form al existence is re­
whereas the old trust certificates represent a beneficial interest in the tained by the D e Bardeleben Co. and the Cahaba Co. The building of
same. Both receive the same dividends and are quoted alike. D ivi­ a steel plant w as under consideration in July, 1896. V. 63, p. 31.
St o c k —Com mon stock authorized, $20,000,000. The am ount out­
dends are paid with profits from stocks o f corporations held by the
liquidating trustees. Dividends in 1896, March, 13 p. c.; June, 10 p. e.; standing was increased b y $10,850,000 in 1892 to purchase the DeBar8ept., 3 p. c.; Dec,, 5 p. e.; in 1897, March, 10 p. o. (V. 62, p. 321, 871.) S?le^’?.1
iYCallal5a an<i E xcelsior companies, rn September, 1896, issued
$150,000 new stock fo r increased w orking capital. V. 63, p. 561.
S t a n d a r d H o p e < - T w i n e C o .—incorporated Nov. 8 ,1 895 , under
V
jaws o f New Jersey, to take over the property o f the United States,
D ivid en ds .—On com m on in 1 8 87,1 per cen t.a n d n on e since. On pre­
Cordage Company, reorganized per plan in V.'CO, p. 1012. F or state­ ferred, from 1889 to 1893 inclusive, 8 p c. per annum; none since.
ment of property covered by the m ortgages see V. 63, p. 1064.
.■u®0,?-08-- ’1116 tw 0 issues, know n as the Birmingham Division and
Stock , and B onds .—Capital stock is $12,000,000 (par $100). The the Tennessee Division bonds, are each a lien on their ow n property
first m ortgage is for $3,00i»,000 and the yearly sinking fund equals 1 as described in tlie m ortgage, and a second lien on the property of
per cent o f the bonds outstand ing; bonds can be drawn by lot at 105 the other division. The total authorized issue o f the Birmingham
p. c.; trustee is Manhattan Trust Co., New York. The consolidated Div. loan is $0,000,000 [of w hich $540,000 bonds have been cremated)
(or second) m ortgage bonds ($7,500,000) are nou-cum ulative incom es and o f the Tenn. Div., $1,400,000, o f whioh $115,000 are in the sinking
entitled to interest before any dividend is p a id ; consols are entitled fund. The consolidated 6s due in 1901 are exchangeable at par for
to one vote for each $100 o f b o n d s; trustee is Central Trust Co. New bonds of the N ashville Chattanooga & St. Louis Railway Company held
York. President, V incent P. T ra v e rs; Vice Prest,, A lfred R. Turner
a ? nno £ § ? 'tr? 1 r? u?t £ ° “ l’ any- Tlle D k Bardeleben mortgage 'is for
J
Jr.; Secretary and Treasurer. John M. Forbes. D ire cto rs: V incent p ’ $3,000,000, of which $96,000 canceled by sinking fund, $400,000 in
Travers. W illiam Barbour, W. R. Potts, Sumner R. Stone, John Kean
trust fo r Eureka bonds and $55,000 in treasury. The De Bardeleben
A. R. Turner, Jr.; John N. Forbes, Jolm X. Kenney, Augustus Havi- bonds w ere assumed b y tbe Tenn. Coal & Iron, under terms of purland. Said board o f directors is divided into three classes, each class chase. See V. 56, p. 604. De B. C. & I. first 6s listed on N. Y. Stock
holding office for three years. (V. 63, p. 756, 924, 970,106-1.)
E xchange to A p ril, 1897, fo r $2,434,000.
Standard Telephone Co.— 60, p. 607, 1060; V. 61, p. 472.)
V.
J m - A,Ii 2 i ? ,D ™ T’4 S 5 - 0 n Jau’ 1 ’ 1897’ total Boating debt was
$2 10o,430 (against $2,172,880 on Jan. 31,1896,) o f which $1,583,113
Street Railway and IIlaminating; Properties.— rg a n iza ­
O
bills payable and $522,317 due sundry creditors on open aeconnt. Total ,
tion -O rg an ized in 1893 to enable the General E lectric to fund its
quick till tlT $2.205’ 7 T (against g/A ._......____ 1. __ . , ------------^
floating debt, its stock being offered to the General Electric stoekhold- O Ailassets, 1 11 a l'QOAl12 1 r U 7 t$2,155,474 in 1896), of which $88,-flO
trl 1 1
in -.1 \ ’^
/-!
ers. On July 31, 1896, the trustees held securities (par value) fo r 400 c a ^ ^ d b i n s receivable, $76,500 treasury bonds, $1,176,345 salable
inventory
due on open accounts.
$5,629,000. As the notes and other securities are liquidated the part o f ^ v e n to r v and $864,467 duA nu nnAB apomm+o
o ah f the
. . i .. f' the.
„
proceeds are applied to cancellation o A 41, principal o j . i. preferred
E arnings .—J an. 1 to Feb. 28. 2 m onths, net, $112,769 (surplus over
stock, drawn for payment at a premium. When the preferred stock charges, $17,215) in 1897; net, $175,831 in 1896.
has been canceled, the remaining assets will stand to the credit of the
A nnual R epo rt .—Fiscal year now ends Dec. 31 (form erly Jan. 31).
com m on stock. See V. 57, p. 217, 298, also terms o f trust deed in R eport fo r year ending Dec. 31, 1896, was given in V. 64, p. 565, com­
General E lectric item V. 57, p. 722. Aug. 7, 1896, $715,000 preferred
parison being m ade w ith eleven m onths o f 1895. Figures for other
was outstanding. Trustee’s statement for year ending July 31 1896
years represent the 12 months ending Jan. 31.
in V. 63, p. 556. Preferred outstanding in Dec., 1896, $582,300.
’
■12 m o s , y 11 m os.—
T earsendi'g Jan. 31D ividends .—On pref., 1894, Feb., 3 p. c.: Aug., 3 p. c ; in 1895 6
1896.
1895.
1895.
1894.
Total netp rofits..............$692,333
p .c .; in 1896, 6 p .c . (V. 61, p. 1 0 1 1 ; V. 63, p. 5 5 6 .)
’
$995,794
$561,984
$685,031
Interest on bonds........... 660,084
582,305
Sugar Trust.— ee A merican Sugar R efining Com pany .
S
655,074
631,516
Miscell, interest,& c........................1,186 43,521
84,129
cr. 1,205
S u m m U B r a n c h R R ( P a . ) —This com pany’s business Is entirely Dividends..................................
40,000
In m ining coal. It also has a small road o f its ow n to Summit Mines
Mnni-iti nnle. and operates the i.ykcns Vailey Coal Co., owning all its
Total disbursem’ts— $661,270
$625,826
$630,311
$779,203
securities. Ih e com bined properties cov er 11,486 acres o f which
fo r y ea r..........sr.$31,063
8,461 acres lie within the coal measures. Pennsylvania R R c m , Balanceundivided surplus Jan. 1, sr.$369.968 df.$68,327 df.$94,172
T otal
1896, was $543,065.
$2 lOO.l-OO o f the $4,010,350 stock (par $501, and$483JX)0 bonds
D ifiectors (Jan., ’97)—Cord M eyer, C. C. Baldwin, James T. Wood­
Default—Interest due Jan. 1 ,1 896 . w asn otpa id
Foreclosure sale is
advertised fo r July 13 ,189 7, at Philadelphia.
8Ure sale 18 ward, W. b. Gurnee, J f., W. S. Gurnee, O. H. Payne, John G. Moore,
CoMMiTiEK.—Of bonds, E. B. Morris, W. D. W lusor and George W ood ■ James Swann, J. J. M Comb and A. B. Boardman, of New York; A. T.
this comm ittee controls a m ajority o f the bon ds; depositary, Girard Smytlie and J. B. A dger, Jr., of Charleston; A. M. Shook and N. Baxter
Life Ins., Ann. & Tr., Philadelphia. V. 62, p. 1140. P l a n —Plan Jr. of Nashville; David Roberts, o f Birmingham; J. C. Haskell, of Co­
given in V.,6 3 , p. 1065 has been modified so that the new m ortgage is lumbia, S. C.; C. M. McGhee, o f K n oxville; President, N. Baxter, Jr.;
A . M. A d g e r; Treasurer, Jas. B ow ron, Birmingham, Ala.—'
now placed a t $1,400,000 instead o f $1,200,000, and h S s o f the
old bonds will receive for the principal and interest o f each sti non (V. 63, p. 31, 561; V. 64, p. 135, 5 6 5 .)
Terminal Kit. Association o f St. Iiouis.— S ee R ailroads.
bond $1,000 in tbe now loan, leavin g $3257000 o f the litte r in th2
treasury. Three shares ($150) o f old stock to pay assessment “ f *$9
T e x a s P a c i f i c L a n d T r u s t . —See this S upplem ent , page 154.
T l i u r b c r - W I i y l a n d . —See A m er ic a n G r o c e r y Co., page 153.
to the plum $f v Z l , 7 75°5f
I' ra0tl0aUy aU th°
“ssen tfd
T r e n t o n P o t t e r i e s C o m p a n y . —O rg an ization , E tc .—Inoorpo
R epo r t .—Report for year ending Deo. 31, 1896. was given in v
rated under laws o f New Jersey in May, 1892, to take over and con­
64, p .4 2 1 . (V .6 3 ,p .3 5 9 ,1065; V . 61, p. 4 * 1 , 708, 755.7
tinue the business of five Trenton, N. J., pottery companies which
Sunday C r e e k Coal Company of Columbus, Ohio —O r ­ were then supplying, it was said, about 75 p-u* cent of th country's
g an ization , P r o pe r ty , etc . - A u Ohio corporation for m ining and
total output o f sanitary plum bing ware. See adv. V. 54, June 11.
marketing mineral ooal, m anufacturing coke, etc., its pronertv con
D ivid en d .—On com m on stock in 1893, February, 5 percent. Oi
stating o f about 14.000 acres o f coal lands in Perry’ and Athens oS m ties, Ohio, with improvements thereon; also dock property at West preferred regularly to June 11 ,189 4. None since.
A nnual R eport .—Report fo r 1896 given in V. 64, p. 327, stated tha
Superior, \ is. Full statement to N. Y. Stock Exchange in V. 56 p 503
V
SrocK -P r e fe r re d stock ,$ !,5 0 ° ,OOO; 5 per cent; com m on stock (au- the only liability o f the com pan y on Dec. 31, 1896. was $14,578 o
current accounts payable. Operations show: for 1896, profit, $9,532:
^ o r tz e d $ ’.600,000 outstanding: is $2,250,000; par, $100. Oil Deo
31 ,189 6, bills payable were $73,567; accounts payable $28 656 •bSis 1895, loss, $4,161; 1894, loss, $13,378 ; 1893, profit, $178,447.
See advertisement in Chronicle June 11, 1892. A. M. Kidder & Co,
receivable, $77,147; accounts receivable, $296,582; cash, $ 3 ,263 .DUiS
18 Wall St., N. Y ., Fiscal Agents. (V. 62, p. 3 1 7 ; Y. 64, p. 327.)

MISCELLANEOUS

April, 189?,]

STOCKS AND

BONDS.

131

S u b » c r t b .r » w i l l t o u r e r a g r e a t f a r o r b j g iv in g ; I m m e d ia t e u o t l e e o f a n y e r r o r d i s c o v e r e d i n t h e s e T a b le s .

__________________ > n * C E U ^ K 0U 8 ;_____ ________ _ _

Date

F o r e x p la n a tio n o f co lu m n h ea d in gs, <feo., eee n o te s on
of
drat p a g e o f ta b les.
i B on d s

91z6(0r
Par
V alue.

$100
Trenton Potteries. —C om m on s t o c k .........................................................
P re l. s to e k . 8 p . o. cu m .—See term s in e d 'l M a y. fKl, Sui___
100
f r o w D irectory P r in tin g «t B ook b in d in g —S tock c o m m o n ............
100
U nion Depot Co o f C olu m bu s,0 . - G e n . 1st ST.,$ 8 0 0 ,0 0 0 s .f. 1S96
U nion F erry—S to c k ............................... ........................ ............................
‘ Too
1st S i., g o ld , red. at 110 a fte r S o v . 1 , 1 8 9 5 ........................ 1 89 0 100, AC.
United -tales C ordage—G u ar. 0 p. c. s t o c k ,$ 6 ,0 0 0 ,0 0 0 .................
100
100
P referred stock , S p. e „ $ 9 .0 0 0 ,0 0 0 .......................... . .......................
100
C om m on stock , $ 2 0 ,0 0 0 ,0 0 0 ........ .........................................................
V a r.
U n d erly in g Ileus o n S e cu rity and C o lo n m ills ...............................
, A c,
1st SLA coU .tr.S 7 ,5 0 0 ,0 00 , g o ld ( V. S. T r. C o., tru stee), o* 1894
T ru st o * r t id e a t e * .....................................................................................
P earson M ill 1st M., g u aran teed b y U.S. C o rd a g e C o ................
United Mate* E xp ress—S to c k .........................................................
......
100
United States L ea th er—C om m on s t o c k .....................................
......
100
100
P rof, sto ck , cu m . s p . e ....................................................- ......................
1,000
Deli, f o r * 1 0 .0 0 0 ,0 0 0 ,
4 p . c ., sab . t o ca ll a t 1 1 0 -c' 1893
100
U nited sla tes M ortga ge d Trust— S to c k ....................................
—
1st m ore, tru st b o n d s, “ A ” gold , red . a fte r 1 8 9 8 ...o * A r 1 8 9 3 100 Ae.
do
do
” B*’ g o ld , red . a fte r 1 8 9 9 . . . eMtr 1 8 9 4 100 &e.
do
do
" C " g o ld , re d . a ft e r 1 9 0 0 ... c * 4 r 1895
100 A c.
do
ito
" D ” g o ld . red . a fte r 1 9 0 1 . . . o*,tr 1 896 TOO A c.
United States R u b b er—C om m on ($ 2 5 ,0 0 0 ,0 0 0 a iu h orired . ___
100
100
P referred ($ 2 5 ,0 0 0 ,0 0 0 a u th orized ) Sj>. e, n on -otim ........ i -----V irgin ia d Trnn. Goal at I r o n —1st SI- (# 1 0 0 ,0 0 0 ), g o l d .... 1 894
W agner PaUatc C a r C o ................................................................................

100

'Bonds—P r in c i­
IN T E R E S T O B D IV ID E N D S .
p al, W h en O n e ,
A m ount
R ate p e r W hen W h ere p a y a b le a n d b y S tocks—L a s t
O u tstan d in g
W hom .
P a y a b le
C ent.
D iv id e n d .
$ 1 ,7 5 0 ,0 0 0 ;See text.
p e r an.
1 .2 5 0 .0 0 0
7 25 ,50 0

8

Q.—M.

X . Y .. A . M .K id d e r & Co,
do
do

F eb . 1 ,1 8 9 3
See t e x t.

C o. office, B ro o k ly n .
X . Y ., H . B . H o llin s.

1946
A p l. 1, ’ 9 7 , 1%
N o v . 1, 1 92 0

4%

3 .0 0 0 .

000 4

&

2.200.000
0,000,000
8.000.
000 s

5*

:

0

1 .2 0 5 .5 0 0
6 .5 4 3 .5 0 0
1 ,1 0 3 .6 3 5
9 0 0 .0 0 0

6 g.

M. A K.

Var.
J . <fc J. X .Y ., M a n h attan T ru st.

A u g . *95-1901
J a n 1, 1 92 4

10,000,000 See text- M. & N . N. Y ., Office, 4 9 B ’ w ay. N * v l6 ’ 9 6 ,H a %
0 1 .5 0 9 .9 0 0
O ffice,2 6 F e rr y gtJKT.Y
6 0 .9 0 9 .9 0 0 'See te x t,! . . . . .
A. fe
g. D O A-. X. Y „ P a rk B k .; B o sto n .
M. <L X.
5 ,2 8 0 ,0 0 0
J. & J, X .Y .,O ffice , 5 9 C ed ar St.
2,000,000
F. & A . I
do
do
5
1,000,000
M„ & X , j
do
do
5
1,000,000
A . & O.
do
do
5
1,000,000
4G J, & J .;
do
do
1,000,000
2 0 ,1 6 6 ,0 0 0 See t e x t .
___ _ ,
p e r an. J . & J . X . Y .. H .B .H o llin s& C o .
1 9 ,4 0 0 ,5 0 0
g. !M. &
. B a it., T ru st
G u ar.
100.000
......
M’th ly. |
X . Y . Office.
20,000,000

6

8

6

8

A pL V 9 7 , 1%
M a y 1, 1 913
J an . 2, *97, 3%
A u g. 1. 1 913
M a y 1, 1 9 1 4
A p l. 1. 1 9 1 5
J an . 1, 1 91 6
F e b .1 5 /9 7 ,2 %
J a n .1 5 /9 7 ,4 %
M oh . 1, 1 904

| O f f ic e r *.—P re sid e n t, G e o r g e W . Y o u n g ; V ice -P re s id e n t, L u th e r
T r o w D i r e c t o r y P r i n t i n g : A B o o k b i n d i n g . —S ee p a g e 154.
U n i o n D e p o t C o . o f C o l u m b a * , o . — M o r tg a g e tru s te e is , K o u n t e e ; S e co n d V ic**-President, J a m e s T f m p s o n ; T re a s u re r, A rth u r
T urn h u ll; S e cre ta ry . W illia m P, E llio tt. JBapecuUve C om m ittee—iC harles
Farmera* l o a n 4k T ru ss O o. V« 0 3 , p . 117,
D . D ick e y , J r ., T h e o d o r e A . H a v e m e y e r , C h a rles R. H e n d e rs o n , G u sta v
U n i o n P e r r y * — O p era tes fiv e fe rry lin es b e tw e e n N ew Y o r k a n d | E. K issel, L u th e r K o u n tx e , J a m e s T im p s o n , R ic h a r d A , M cC u rd y.
Brooklyn. C ap ita l s to c k b $ 3 ,0 0 0 ,0 0 0 ; p a r $ 1 0 0 . T h e m o rtg a g e c o v e r s
U n i t e d S t a t e s B l i b b e r . —O r g a n iz a t io n a n d P r o p e r t y .— O r ­
a ll th e c o m p a n y 's p ro p e rty , in c lu d in g 19 fe r r y b o a t s , rea l es ta te , etc.
Dividends: In 1 8 9 4 ,4 p. c.; 1 8 9 5 ,4 p. c.; iu 1890, 4 p. c.; in 1897, ga n ized u n d e r la w s o f N ew J e r s e y in O c to b e r, 1 8 9 2 , f o r th e m a n u fa o j tor© o f ru b b e r b o o ts a n d sh o e s, e tc,, and e ith e r o w n e d a b s o lu te ly o r p e r ■
Jam., I p . ©4 ApL, i p . e. President, W. T L M ale.
E
I m a n e n tly co n tr o lle d n in e o u t o f th e fifte e n c o n ce rn s th en e n g a g e d in
U n i o n T y p e W r i t e r . —S to c k Is aa f o l l o w s :
i this bu sin ess, in clu d in g th e A m e rica n R u b b e r C o. o f B o s to n , th e O anBim dends Paid. i d e e Co. o f N ew H a v e n , th e G o o d y e a r R u b b e r Co. o f N a u g a tu ck , e tc.
Ckm§.
O *tIj 11 hd i n»j.
s
H eal e sta te , m a ch in e ry , la s t s ,e tc ., w ere a p p ra is e d a t # 5 ,0 5 5 ,0 0 0 ; o t h e r
C o m m o n .. . . . . . . . . . . . . $ 1 0 ,0 0 0 ,0 0 0
JU kO,
A p t V, '9 7 , ’3 h % ; assets, m a u u fa ctu re d g o o d s , b ills r e c e iv a b le , e t c ., a t $ 6 ,4 9 1 ,9 0 0 . A p 1 st p r e l., 7 pp u ........ .
4 ,0 0 0 ,9 0 0
A , AO,
A b L 1.
4%
! p B ca tlo n t o X . Y . S tock E xoh . In 1 892, in V . 5 5, p . 1 0 3 9 ; also s e e v ,
M p r o f., 8 p . © . . . . . . .
4 ,0 1 5 ,0 0 0
D iv id e n d s .—O n st p re fe rr e d in fu ll t o d a te . O n M p re fe rre d la 5 6 , p. 539 . In M a y, 1 89 3 , th e W o o n s o ck e t R u b b e r , M a rv e l R u b b e r an d
p.
l a 1 8 9 7 , A p r il, 4 p . e . | L a w re n ce F e ltin g C o m p a n ie s we.ro a b s o rb e d , # 5 ,8 5 1 ,4 0 0 p r e fe rr e d and
1805, 6 p. ©g in 1890, A p r i l, 4 p. eg O ct
j the sam e a m o u n t o f co m m o n s to c k b e in g issu ed th e re fo r, a n d $ 1 4 9 ,0 0 0
S e co n d p re fe rred l
p r e fe rr e d a n d $ 3 2 3 ,4 0 0 co m m o n w e r e issu ed in A u g u st fo r s to c k o f
j C olch ester R u b b e r C o, an d R u b b e r M anufacturers* SeLUnir C o, I n M a rch ,
U n i t e d S t a t e n C o r d a g e * —S e e St x x o a s o R o n s A T w in e C o .
I 1897, T re a s u re r F lin t te stifie d b e fo r e the le^ xow C o m m itte e th a t th e
U n i t e d K l e c t r l c S e c n r l t l e a C o . —S ee V . 6 4, p . 6 0 2 .
j U. , R o b b e r C o. e o a t r o lk d 6 5 p e r ce n t o f th e o u t p u t o f t h e co u n try ,
U n i t e d n t m te * K i p r e # * , — A a **a a s o e ia tlo n ** o r g a a lr o d u n d e r th e J
TOCK.—P ro fe rre d s to c k ha s p r e fe r e n c e m to a ssets a n d e a rn in g s,
la w s o f N ew Y ork S la te In 1 4 5 4 n o t in co r p o ra te d . O p e r a te d J u n e j and n o b bn d ed o r m o rtg a g e d e b t m n b e c r e a te d w ith o u t c o n s e n t I n
3 0 ,1 8 9 5 , o n a b o u t 3 9 ,0 0 0 m iles o f ra ilro a d In th e C anted S tates, in I w ritin g o f h o ld e rs o f th re e -fo u rth s o f e a e h cla s s o f s to c k . C o m m o n is
S eptem ber, 1487, th e s to c k w m increaatid # 3 ,0 0 0 ,0 0 0 , ra isin g it to eaU tied t o all s u rp lu s a fte r e ig h t p e r ce n t o n p re fe rr e d . See w o r d in g
# 1 0 ,0 0 0 ,0 0 0 , an d th e B a ltim o r e A O h io E x p re s s era# p u rch a se d . On .«f p rof, ce rtifica te tn e d ito r ia l o f M a y, 1 8 9 3 , S T f f l e m k n t .
June 30, *.496, the B. A O. ow n ed $630,000 0 .8 . E xpress stock. Busi­
DiVi»BXi>A— -DtVtdontU o n p rn fe rre d w e r e p a y a b le M ay a n d N o v e m ness on th e Lehigh V a lle y system w a s a c q u ir e d m F e b ru a ry , 1693,
a n d on th e C h ica go M ilw a u k ee A 8fc* Pant In F e b ru a ry . 1 49 4 ; o n M iss­ i iMS.r,hut In O c to b e r, 189S^ © banged to J a n u a ry a n d J u l y ; 1 8 9 4 , J a n ,,
1 5 % i»er ce n t; J u ly 4 p e r c e n t; in 1 8 9 5 , 8 p.
in 1 80 6 , o p .
in 1 8 0 7 ,
is s ip p i D iv is io n o f A M Os S o u th w e s te m i n M a rch , i w d .
.Ian., 4 p. e. O k C o m m o n .—T h e first d iv id e n d o n c o m m o n s to c k w a s
DfriPBNDs s in ce *60—18$ l to 1 84 7 In clu siv e , 4 p e r ce n t In 1688, 5; in ! p a id In M arch* 1 8 9 5 ,b e in g 2 % p , a ; in 1 8 9 7 ,F o b ., 2 p. .—S e e V , 6 3 ,
1889, ft, tn M ay. 1490* 2; in N ov e m b e r, 2 ; In 1 49 1 , M ay, 2 ; th en n on e I p. 1160.
tfll If oven* her, I MB% % ; in 1 8 9 3 . 4 p.
in 1 8 9 4 , M a y, 2 p- a ; In 1 69 5 ,
A n n u a l R r f o r t .—Fis c a l y e a r e n d s M a rch 31. T h e a n n u al s ta te n o n e ; l a 1 89 6 , May* 1% p. e g N o v ,, % » . e . D ir e c to r s a r e ; Preai*
dent* T h o m a s Cl m t k V tceP ierid ca ilL 0 - H ,O fo e h y * SMserofarv* D a niel |m e a t f o r y e a r c o d in g M arch 3 i , 1 89 6 , w a s g iv e n a t le n g th in Y . 6 2 , p.
P . E e D i Treasurer* T h e o d o r a F . W o o d ; G e o r g e I t B la n ch a rd , B u ssell j 0 4 7 ,9 5 1 . I f * t o t e d that th e ea rn in g * fo r the p a st thro© y e a rs fr o m In v e stA. A lg e r and F ra n k H . Piatt* N e w Y o r k o ffic e , 4 9 B roa d w a y .—(V , 6 1, mcntH l a o t h e r c o m p a n ie s n o t p a id in to the tre a su ry a g g r e g a te d $ ,*
j 9 1 1 ,6 9 7 . T h is mtm w m a d d itio n a l t o th e b u rn in gs b e lo w a n d ha d
p. 7 1 0 ; V , 8 4, p . 42.>
I been in v e ste d in tn erch a n d lso e m p lo y e d in bu sin ess.
U n it e d S t a l e * U e a t l t e r . —<US0ASCl2ATt0Vr E tc * - I n c o r p o r a te d Feb,
OPERATIONS FOE THE YEAR ENDING APRIL 1, 1 80 0 .
2 5 . 1 89 3 , u n d er th e la w * o f N e w J e rs e y t o ta k e o v e r th e p r o p e rtie s and
1896.
1 895,
b o a te e a i o f a .large n u m b e r o f c o n ce rn s f o r m a n y y e a rs en g a g ed in th
- Q fp m I n e o t a e .. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . * . # 2 , 6 3 2 , 9 ^
$ 3 ,9 3 0 ,# 4 3
tunning and sale o f sole a n d b e lt I n k J e t Asatete, It fa sa id , nm ou n ;
2 9 3 ,1 4 8
2 1 8 ,8 7 3
at le a s t seven tim e# the a m o u n t o f th e d eb en tn rea , a b o u t 4 0 p e r ca n t f H eat, e x p e n se s, e t c . . . . . . . . . . . . . . . . . . . . . . . . . . . .
representing real estate and the b a la n c e bides, bark and other p erson a l I
2,7 1 0 ,3 7 0
B a la n c e .. . . .
. . . . . . . . . . . . . . . . . .# 2 ,3 3 9 ,7 9 1
property* V* 58, p .7 5 7 ; V . 5 7 , §*, 2 3. GoouM Hioftl b m sia oA M ay 2 ,1 8 9 3 . j
D iv id e n d s o n p re fe rr e d s t o c k . . . . . . . . . ....* ..$ 1 ,5 5 2 ,0 4 0
,5 5 2 ,0 40
Stock .—The ca p ita lis a tio n la #8 i»00O*000 com m on sa d #64*000,006 ! D iv M en d ,
p e r c e n t, on. co m m o n .s to ck .,. . .
........
5 0 4 ,1 5 0
o f p e r c e n t ©umsu&ti v e p referred s lo c k a u th orised fo r a ctu a i p r o p e r ty , j
axcinslve o f good will, #00,000^000 o f each and #1.900,000 0/ each o n ?
S u rp lu s fo r y « u , .
#
7
8
7
,
7
5
1
# 6 0 0 ,1 8 0
Jttl|T| 1 895), on a a ocu ta l o f b a r k , land *, etc,
V. 6 1 , p. 1 1 4 ,7 3 7 .
;
T he ** gro ss in cotn e ** tn 1 8 9 6 w m m ad e u p o f th e resu lts fr o m o p e r a w ord in g o f p rof, nestiftcate in e d ito r ia l o f M ay 1 ,1 8 9 3 . 8uerum M X T a
tio n s o f p la n ts a n d d iv id e n d s o n s t o c k s . $ 1 ,8 3 0 ,8 3 7 ; n e t in c o m e fr o m
D m o a x o s .'- O f t p r e fe r r e d In 1 895. March* p a id 1 p . e g M a y, 1 p.
i •alee o f r u b b e r b o o ts e n d sh o e s, $ 8 0 2 ,1 0 1 .
J an e le x D a i, 1 p
A ugn#«* I p.
s o b , 2 p. ; In 1.806, J u ly , l p.©.; j
a a l a n c e Mtmwt XT mi* l , 1 8 9 0 .
Oet., non e.; In fj§#7* J a m , 1 p .
A p r il, 1 p. e. O fn r d u e o n p r e fe rr e d s
# 4 4 8 ,5 0 8 | A cco u n t* p a y a b l e . ... .
# 3 1 1 ,3 4 0
to X ovco Ik t , 1896, 21 p. 0 .
C a sh ,
v a b lc,
7 9 8 ,0 6 2 'P re fe rre d s t o c k ,........ 1 9 ,4 0 0 ,5 0 0
Boxn*.—The dHienturws were Issued to furnish working capital, j
M e rch a n d ise .. . . . . . . .
7 2 9 .2 0 9 } c o m m o n s to c k . . . . . . .
, (,
Sinking fund 4 per cent o f inane yearly, the debentures to be pur- ;
8 0 9 ,8 5 7
. . . . . . . 3 9 ,1 8 3 ,9 3 4 j D u e c o m p a n i e s ............
dtmsed o r d ra w n a t 1 1 0 . Dnbetitoroa* f o r #0»05S,00I> h a v e bee® eerti- j investment#.
I h u rp ln s o n s e t s .. . . . . . . .
4 1 0 ,0 1 4
fled b y th e trustee* b u t t o A u g , 1, 1 8 9 0 pi&to o f c a n e e lla tlo n e a ch ]
y ssrl* # 8 ,0 0 0 ,0 0 0 deJjentnri# o n ly hud i*e«n isaued a n d $ 7 2 0
of
,...# 4 1 ,1 5 7 ,7 1 1 } T o ta l l i a b i l it i e s ..... $ 4 1 1 5 7 ,7 1 1
Total assets.
these retired I
nktng fu n d . C en tra l T ru st C o ., N. Y „ is
rtg te tra t o f th e ftmm%$. Smp ■ d v . Isa C1)180910LB o f Ma f
a
, 1 8 9 3 , an d
DlRISOTttXtS.— bam sic! P. C olt. R o b e r t D. E va n s, J a m e s B. F o r d , C harles
ap p lica tion t# x ,■ Y. m m te Ex c b an
; it. Flint* J . H o w a rd F o rd . R obert NL G aU aw uy, W illia m 11. H ill, H e n r y
7 . 6 7 , p . 2 3.
ClKCgRUL TVHkISff. ..—Itt «ru iy, : 89;5L th e : to ck h o ld ers a u th o ris e d | L. H ottd tklss,C harles S te w a rt S m ith , C h a rles L. J o h n s o n . M , G. M a rtin ,
1
s
#§,
additim m t cotsimom a n d # t , 0 0 0 ,6 0 6 ' proCeffe* Isto ©k t o m ak e • F m te r to k H . S h ep a rd , W llilu ia L. T ro o h o lm . S am uel K , W illia m s. T h e
goo*l aodorrodfiailio n o f bark la o d s . \ p e r a g f
o f pur* \officers a re : P resid en t a n d G e n e ra l N ianagdr, R. D . E v a n s. 1 st Vibe*
cttails th ereof.—V 6 1 , p. 1 1 4 . D ec, 31
U ,0 0 6 ,0 0 0 . i P resid en t, J a m e s B, F o r d : S e cre ta ry , S am u el P. C o lt ; T re a su re r,
b ills p a y a
Charles R . F lint. X . Y . Office, hs Iteadc S treet,—(V 6 2, p. 3 2 1 ,4 0 2 ,
A n n u al R « r o ? r y — f i s c a l *ea.p 0fiIflA XlM* 31., R ep ort to r 1 8 9 0 . w ith . 6 4 4 . 871 , 9 1 7, 9 5 1 , 9 5 2 , 1 08 8 ; V, 0 3, p. f i l l , 1 0 1 1 ,1 0 0 3 ,1 1 6 0 4
tmlmnc.0 slice!, n V. 6 4 , p 4 2 2 , ;
*# n o «tiite m e n t f e iivn.iagA, nut
m erely b a la n ce sb eet s b o w fo g p ro f
.
a d to** -H indu* o f
I f i t t e d s t a t e s flti-g iir H e l l n e r y . —SER V . 6 1 , p , 1 1 6 1 ; V . 0 3 , p. 6 0 4 .
D ec. 3 1 ,1 8 9 6 . |n t o 9 5 m*t |
't o y# uRi i
lu te r e s t tn unV i r g i n i a 4 e J T « a i t « s » e e C o a l A I r o n C o . —See thisSU t'P, p . 1 5 4 ,
d ivid ed estming^ o f o t h e r ©for*p a n icS ,f:9,307*8’li,
W a g a e r i G l a r r C a r . —See p a g e 154.
D m gcrroLs, 1 ,
m ran t,
Jami#e H o rto n
*
OWMir k
Georg*’ A. Vail* N orm an ro h u lt? , E d w a rd R. f,
Pltua,
W e l l e , P a r g o R e p r e s s , —Ineorp orabfM tin d er th e law s o f Q olaW »*
o p e r a t in g J u n e 3 0 , 1 89 5 , on
rg e W. ! ra d o J a n u a ry 2 0. 1872.
P atrick C. C ostello. J e rry Ovary, l^ w i* H,
j 2 9 ,4 6 0 m iles o f rnUrotto* Ittelttdih# A te h is o n , E rie a u d S o u th e rn
David
ChHds, J osep h 3 , L a d ew , L o r in g it. G a le . Rdso?
P. D a v id
j F aelile system s. X o a n n u al re p o rts o r in fo rm a tio n . f » M arch, 1 8 8 8 ,
V aughan, I.rm x n F. R h oa d s, <#.m ion It. tlo r to n , 8
j this c o m p a n y b o u g h t the E rie E x p re s s o f th e E rie R a ilro a d , a n d
Walter G. GarrUt, Wllllacn fl. Ilamphrojr, A. Vugus! lT iL
m
H . i^ e , Datthsl T. 8 tev eu s, E
• I fo r t o b F ran k Us i; > * iy e a r. E d - Ufrotts X o v e m her
, 1 890,) o p e ra te s o v e r th e lin e s o f th e K .
w ard h tfo jfi, J am es if. P rotd or. O fficers i n e l u d c ; F ro M e lit, J atues 1 O. F. «.% G u lf R a ilro a d . D iv id en d s o f 8 par ce n t y e a r ly w e re p a id
2d VI© -F rost., L. H. f o r m a n y y e a r s , b u t the sem i-a n n u al d iv id e n d p a id in J u ly , 1894, w a s
H orton, B r o o k ly n ; 1st V ie ^ F re a t., £ . R. I^mI c
j f . (ah T , T u b b y , I red u ced to 3 p.
in 1 8 9 5 ,6 p , ©4 in 189 6 , 6 p. e in 1 89 7 , J a n ., 3 p . .
L#p h a ® i 3 d Vi©e-i*roat., Jam<ro R* P r o e t o n
X* Y. O lilce, S tock in cre a se d # 1 ,7 6 0 ,0 0 0 In 1894 to $ 8 ,0 0 0 ,0 0 0 .— {V . 6 3, p . 563 .)
B rooklyn , X , 50; T roa su ror, J a m es K, P lu m , *
2 0 Ferry S treet. (V . 0 1 , p . 4 2 . 182.
i
W c l n b a e l i C o m m e r c i a l C o , — in c o r p o r a te d J u n e 2 7, 1895. OrC n l t f ’ d jS 4 M * a M * » r t g a g e A T r u s t (
red in 1871. ! grinlzed to sell in c a n d e s c e n t la m p s m a n u fa ctu re d f o r u se In th e
u n it e d S ta tes. C o n tro ls W oisb& eh L ig h t Co. b y o w n e rsh ip o f m a jo r it y
2 3 ,1 8 9 3 .
F orm erly fT, m. M oftgo.§e Co,\ p res en t n a m e as
ST0C8L—C apital stoek is 82,WN>.CKP>; p ar. -8
eiirpii is a n d uadi* f o f its ca p ita l s to c k , 1 6 5 ,62 5 shares, par, $ 5 p e r share. C o m p a n y a lso
vided profits Om- 31,1893, #1*202,057. 1) riDENDS.—In 1 89 4 ,
p . cl; co n tr o ls A m e r ic a n In ca n d e s c e n t G a slig h t C o. au d M a n h attan I n ca n ­
d e s c e n t L ig h t Co. C ap ita lix a tio n , .$7,060,000 o f s to c k , o n e h a lf p rela 1800,6 p. p,; in l« fl0 , 0 p. e.; in ts'#7. J ail , 3 p.
then c o m m o n is to r e c e iv e 8 p.
th en b o th
m i x w & mo f m o rtg a g e tru st b o n d s, $ . ,
.
.............
i
e a e b , are ( furred cu m u la tiv e 8 p.
i sh a re p r o ra ta.
secured by deposit w ith trustee of" ftrot m ortgagee on improve*! oily
real estate “ in amounts at least euual to the bonds nutstaoding. * I A n n u a l R k p o b t ,—’T h e first re p o rt, c o v e r in g th e 13 m on th s end*
Aw>,ts June 30. 1896 were $13,899,380, inoindlog Kew York and ! Ing A ug. 3 1 , 1 896. s h o w s gro ss e a rn in g s. $5*20,171; n et. $ 3 5 0 ,0 3 0 ;
$ 2 8 0 ,0 0 0 ; b ah , su rp lu s , $ 7 6 ,0 3 0 . S e c
Brooklyn CSty bonds, $1,336,343; m ortgages. #4f»9 3,65 8; other steaks i d iv id e n d s o n p re fe rr e d (8 p

1

1

1

©
4

8
8

1

04

04

0

©
4
1

1

1

f

2*3

8

©
4

1

«4
©
4

©
4

0

20 16 1000

,000

0

8
8

00 0
0 ,0 0

10
1

1

1

0

1

1

©
4

-4

0

12 ,1

1

8

0
4

000,000

and bonds, $Ilf#.323. cash 00 band and in bank, #850,949.

* statem ent in V. 63, p. 1001.

152

INVESTORS’ SUPPLEMENT.

[VOL. lx iv.

Subscriber*! w ill co n fer a ^ reat fa v o r by g iv in g Im m ed iate n o tice o f a n y e r r o r d iscov ered In th ese T ab les.
\Bonds— rin ci­
P
INTEREST OR DIVIDENDS.
MISCELLANEOUS.
------------------ - Date Size, or
*r uojj Due.
Amnnnt
'
------------------------------- ■pal,When jiu t
Par
o ii t« t nml in s' R ate Per When Wliere payable and by'Stocks—Last
fXi*iauatiou o f column headings, A c., see notes on
of
Cent
p ayable
Whom.
Dividend.
Bonds Value. Outstanding
tlrst page o f tables.
WtUsbuth Commercial Co—Common stock, $ 3 ,5 0 0 ,0 0 0 ....
Preferred stock, 8 p. 0. cumulative, $3,500,000..............
Welsbuch Light Co.—Stock authorized, $ 5 25,1 25...............
Wells, Fargo *£ Co. Express—Stock..........................................
Western Gas—Stock $-1,000,000.............................................
Collateral trust 1st M., $4,000,000,g o ld ........................c
Western Transit Co.—Bonds gu.p.<kl.by N. Y. C. ext. in ’94
Western Union Telegraph—Stock............................................
Heal esL bds., g., (lien on W.U.Bldg., N .Y.C.)s.f.(not.dr.).
Debenture® (It drawn, surrender is optional)........... o ^ r
Debentures, sinking fund 1 per cent, drawn at 100— o
Collateral Trust bonds....................................................... o*
Westinyhouse. Electric d Manu/actur’g .—Old com. stock...
b
A*M-iiting stock .......................................................................
First pref.($4,000,000) stock, 7 p.c., cum.(see rem arks).
l\ 8. Electric Light Co. bonds ($50,000 paid yearly) —
Collateral trust, $1,250,000.................................................
Old scrip for dividend............................................................
Wheeling Bridge rf Terminal. Ry— First m ortgage,g o ld .c x
Seoouu mortgage (income till March, 1892), gold ..........
Wheel. L. Erie & Pitlsb. Coal—1st M., gold, red. at 1 0 5 ..c*
Wh itebreast Fuel—Common stock, $1,200,000......................
Preferred stock, $800,000.....................................................
Scrip for preferred stock dividends 1893-’9 4 ..................
Gen. M., (now 1st) gold, s. f., $30,000,drn. at HO.c^&r.
Iowa «& 111. Coal 1st M., gold, guar., s. f., red. at 110. .c*
Henry H. Worthing Ion (Pum p) —Common stock..................
Preferred as to assets and dividends 7 p. c. cum ............I

1893
1884
1872
1875
1875
1888

$100
100
5
100
100
1,000
1,000
100
1,000
1,000
£1 00 &c
1,000
50
50
50
1,000

1889
1890
1889

i ’ o'oo
1,000
1,000
100
100

1888
1890

1,0 0 6

1,000
100
100

$3,500,000
3.500.000
515,932
8,000,000
4.000.
3.805,500
1.500.000
9^,370,000
1.103.000
3.680.000
750,208
8.400.000
146,700
8,195,126
3,996,053
400.000
590.000
194,560
2.000.
1.500.000
846.000
780.000
520.000
41,600
449.000
540.000
5.500.000
2,000,000

—M.
—M.
& J.
& J
& N.
&. A.
—J.
& N.
& N.
& S.
& J.

A lar.10,*97,2%
jMr.25,’97,20%
N. Y ., Office, 63 B ’w a y .J a n .. 1897,3%
Ja.20 *97,2Vk
N.Y.„T.&W .STgm’n&Co May, 1933
N. Y ., Grand Cent.8tat’n Feb. 1, 1903
N. Y ., Office, 195 B’way. A pr.15,’97,114
N. Y ., Union Trust Go. May 1, 1902
N. Y., Treasurer’s Office. M ay 1, 1900
London,M orton,R.& Co. Mch. 1, 1900
N. Y ., Office, 195 B ’way. Jan. 1, 1938

7 per an Q .- J .
6
M. & N.
5
J. & J.
M. & S.
000 6 g- J. & D.
M. & S.
f g.
5 g’ J. & J.

N. Y ., Office, 120 B ’ way A p r.l.’97,l% % .
In 15 years.
1905
N. Y ., 120 Broadway.
Sept., 1900
Dec. ’91 coup, last paid. Dec. 1, 1939
None paid,
Sept. 1, 1940
N. Y ., M ercantile Trust Jan. 1, 1919
N. Y ., Office, 18 B ’ way. Oot. 1, 1891
Feb. 1, 1894

8
Text.
Text.
Text.
000
5

?*
I g-

6
6 «• J. & D. See Chron ., v ,62,p.1140
do
do
6 g. J. & D.
P aid 3 ^ p. c. M ay 1, ’ 95
7 per an. M. & N. N. Y ., Guaranty Tr. Co.

June 1, 1908
June 1, 1920
May 1. 1895
M a y l,’97,3n>%.

D ividends .—On preferred in 1896, 8 p. o t in 1897. March, 2 p. c.
9 m onths—
Net rev.
Int. <* s. f. Dividend.
Balance.
Office, D rexel B ldg., Philu.—(V. 61, p. 28; V. 62,p. 1137; V. 63,|p. 1 0 6 1 ., 1896-7 (est.)............$4,232,987 $730,077 $3,575,883 def. $72,973
1895-6 (actual)........ 4,497,780
730,453
3,575,846 sur. 191,481
Welsbacli Light.— consolidation in 1892 o f three com panies.
A
This com pany manufactures the Welsbacli lamps, and is controlled
Total surplus M arch 3 1 ,1 8 9 7 (estim ated), $7,570,721, against actual
by the Welsbaoh Commercial Co. In 1895 the annual output was surplus in 1896 o f $7,638,957.
2,500,000 lights, but the m anufacturing facilities have been enlarged
A nnual R epo rt .—Statem ent fo r 1895-96 was in V. 63, p. 701.
to an annual capacity o f 5,000,000.
1895-96
1894-95.
1893-94.
1892-93.
D ividends —In June. 1893, first dividend. 2 p. c.: in 1 8 9 4 ,1 6 p .c .;
Tear ending June 30.
$
$
$
$
in 1895,70 p. c.; in 1896, 80 p. c.; in 1897, M arch, 20 p. c.
E a r n in g s .—'T he report for the fiscal year ending A pril 30, 1896, Revenues for the y e a r ....2 2,61 2,73 6 22,218,019 21,852,655 24,978 443
O per.exp’s,rent.,t’ xes,& c,16,714,756 16,076,629 16,060,170 17,482,406.
read at the meeting, July 10, showed net earnings, $506,939 ; fou r
quarterly dividends, $412,740; inventories and interest on bonds
Net profits................... 5,897,980 6,141,390 5,792,485 7,496,037
c urged off, $60.067; balance, surplus, $34,132, making tile total un­
Dividends paid ................. 4,767,805 4,767,734 4,740,064 4,631,820
divided profits, $135,331. Office, D rexel B uilding, Philadelphia.
Interest on bonds..............
893,967
893,822
891,616
893,386
Western tlas C o . (Itlltwaukee).—
Organized in 1893 under the Sinking funds....................
39,991
39,991
39,991
39,991
laws o f New York. Owns entire capital stock o f Milwaukee Gas Light
Co., this latter com pany being entirely free from encumbrances.
Total disbursem ents.. 5,701,763 5,701,547 5,671,671 5,565 197
Balance o f profits.......
196,217
439,843
120,814 1,930,840
B onds .—The collateral trust bonds are seoured by deposit o f all the
capital stock o f M ilwaukee G. L. Co. M ortgage is for $4,000*000; un­
The follow in g table shows the p rop erty and business o f the com pany
issued bonds being reserved for extensions and im provements.
Miles o f Miles o f No. of
D iv id e n d s —In 1895. Jan. (1st div.), 2 p. e.; July, 2 p. 0.; In 1896,
Year. Poles&C’bl’ s. Wire. Offices. Messages. Beceipts.
Profits.
5 p. c.; in 1897, Jan., 2*2 p. e.
1866-67.. 46,270 85,291 2,565
5,879,282 $6,568,925 $2,624,919
E arnings .—Of M ilwaukee Gas L. Co. Jan. 1 to Mar. 31, 3 months, 1879-80.. 85,645 233,534 9,077 29,215,509 12,782,894 5,833,937
net, $132,419 in 1897; $118,761 in 1896. In year ending Dec. 31, 18909 1 .. 187,981 71 5,59 120 ,098 59,148,343
23,034,326 6,605,587
1896. net, $441,109; in 1895, net, $417,781; in 1894, net, $366,735 ; 189192 ..189 ,576 739,105 20,700 62,387,298
23,706,404 7,398,545
fixed charges Western Gas Co., $179,790.
189293.-18 9,93 6 769,201 21,078 66,591,858
24,978,443 7,496,037
18939 4 .. 190,303 790,792 21,166 58,632,237
21,852,655 5,792,485
Western Transit C o .—Owns piers in Buffalo, N. Y ., fleet o f 15 18949 5 .. 189,714 8 0 2 ,65 121 ,360 58,307,315
22,218,019 6,141,389
steamers and also barges used on the Great Lakes. Has valuable real
96 .-189,918 826,929 21,725 58,760,444
22,612,736 5,897,980
estate in Buffalo. The N. Y. Central owns its $1,000,000 capital stock. 1895Office, 195 B roadw ay, N ew Y ork City. (V. 60, p. 4 2 ,8 2 30', 481,
Western Union Telegraph.—
Organized under the laws o f N ew 10 60; V. 61, p. 474, 6 6 0 , 926, 968, 10 66; V. 62,pt 232, 504’, 1098 ; V .
York State as theN . T. & M ississippi V alley Printing Telegraph Co., 63, p. 4 6 3 ,5 6 3 .7 0 1 ,1 0 6 5 ; V. 64, p. .J7J, 518, 758.)
on April 2 .1 851 , and name changed to present title by A ct o f New
West! 11s;liouse Electric Sc manufacturing Co.—O rg an iza ­
Y ork Legislature approved in A pril, 1856. On Jan, 19, 1881. was
dated the grand consolidation, In which the Western Union raised tion .—A Pennsylvania corporation m anufacturing and selling dynamos
for isolated and central station lighting, m otors and generators for
its stock to $80,000,000, giving par, or $15,000,000, for the stock and
bonds of the American Union, 60 per cent in new West. Un. fo r stationary w ork and street lailw a ys, arc and incandescent lamps, and
At. & Pac. stock and a stock distribution o f 4 8 ^ per oei.t to West. a general line o f appliances used in the com m ercial apolications of
Union shareholders.
electricity for lighting and p ow er purposes. Statem ent to N. Y. Stock
In November, 1887, an issue o f $5,000,000 o f stock was made in p a y ­ Exchange w as in V. 54, p. 763. The com pan y ow n s exclusive rights
ment for the telegraph system o f the Baltimore & Ohio Telegraph Co to the Tesla patents on alternating currents.—V. 61, p .2 5 ,153. Agree*
On June 30 ,189 6, the B. & O. still owned $4,810,000 W estern Union m ent w ith the Baldwin L ocom otive W orks was announced in August.
1895.—V. 61, p. 241.
stock.
In M arch, 1896, an agreement was m ade w ith the G eneral Electrio
In O ctober, 1892, the stockholders voted to Increase the stock from
$86,200,000 to $100,000,000, o f which $8,620,148 was then paid as Co. for p ooling patents. See V. 62, p. 502, 635, 1040.
In 1891 by exchange o f stock secured 14,624 shares o f the United
scrip div. to represent surplus earnings expended on the property.
In July, 1894, $550,000 stock was issued for purchase o f American States Electrio Lighting Company out o f a total o f 15,000.
Rapid Tel. Co. lines, until recently operated under lease.
Ca p it a l Sto ck .—Stock authorized is $15,000,000, increased from
Union Pacific Privileges.—F or Supreme Court decision in Novem ber, $10,000,000 in June, 1896, to provid e fo r im provem ents made and
1895, see V. 61, p. 926, 968.
future needs V. 62, p. 689, 104 '; V. 63, p. 31. Of this, $3,000,000,
B onds .—The collateral trust bonds o f 1888 (trustee, Mercantile Trust m aking assenting stock $8,195,126, was listed in July, 1896. All
Company) are issued to retire an equal amount o f stock and bonds of classes have same voting power. The first preference stock carries
various telegraph and oable companies for the interest or dividends on cum ulative dividends o f 7 per cent per annum, with right to partici­
which the \ estern Union Company is liable, these when so retired to pate equally with other stock after the same shall have received 7 per
\
be held as security for the new bonds. On June 30,1896, the following oent, and preferential as to principal. See w ording o f preferred cer­
stocks (par value) were pledged for the collateral trust b o n d s: Gold & tificate in editorial o f May, 1893, S upplem en t .
Stock ’Lelegraph, $1 041,200; International Ocean Telegraph, $1,931,D iv id e n ds .—On p referred from F eb., 1892, to A p ril, 1897, inclusive,
Tel0e: r a p ^ 6 ^ , l 3 , 0 4 3 ^ aPl1' $2’384’9 0 0 =
g
«
M utual Union at rate o f 7 pel’ cen t p er annum.
L eased Companies .—Under leases the com pany aside from other
rentals pays Interest and dividends as below. On June 30 1894 the
company owned the follow ing amounts o f the several issues iocluded

A nnual R e po r t .—F iscal year ends March 31. L atest earnings
reported are fo r the year 1894-5, w hich w ere given in V. 61,
p. 25, and w ere: Net earnings from business, $734,699; from other
sources, $6 7,71 0; total, $802,409, against $1,640,809 in 1893-94 ; in­
$2]482.OTOMnt* Ocean T ^ f .^ L ^ L g O O ;^ ? Y f j& t S l ^ T e f 1 $2 23*8 90o’ terest paid on bonds and scrip, $6 9,06 1; dividends on pref. stock,
$274,059. Total to credit o f incom e account as per balance sheet Dial'.
31, 1895, $3,979,400. Current liabilities Feb. 29, 1S96—Accounts
_
.
Pease *
Jnt. or div.
payable, $4 30,5 66; hills payable, $2,795,450. C urrent assets—Cash,
Bonds
Company. <fc.
expires.
Amount.
% Period.
$2 3,29 0; bills receivable, $8 3,97 7; accounts receivable, $2,241,584.
mature.
Am. Tel. & Cable stock.
1932 $14,000,000 5
Q -M No bonds.
D ire cto rs .—Brayton Ives (Chairman o f the Board), Charles Francis
E m p ire* Bay State, st’k
1989
300,000 4
Q -M No bonds.
Adams, Lemuel Bannister, August B elm ont, N. W. Bumstead, A. M.
1975
1,000,000 2 ^ M&N No bonds.
Franklin Tel. stock ----Byers, MarceUtts H artley, G. W. Hebard. Henry B. H yde aud George
Gold & Stock Tel. stock. Jan.,1981
5,000,000 6
Q -J
Bonds $500, not mort.
500 000 6
M&: M ay 1,1895 Westinghouse, Jr. President, George W estinghouse, Jr.; 1st Vice-Presi­
&N
Illinois & Mississippi
odd,dud
dent, Lemuel Bannister; 2d Vice-President, B. H. W arren; 3d ViceTel. stock, perpetual..
1,930,495 4
J& J ...................... President and Treasurer, P. F. K obbe. N. Y. office is at 120 Broad­
w ay.—(V. 63, p. 31.)
Intem .Ocean Tel. stock. Jan. ,1981
3,000,000 6
Q — J No bonds.
N Y.M |
it.Tel.8took($25)Feb.,1982
2,500,000 6
Wheeling; B r i d g e Ac Terminal Hallway.—Owns a railway
Mutual Un. Tel. 1s t . .
10,000,000 6g M&N May, 1911
bridge at W heeling, W. Va., com pleted in 1891, and about 10 miles of
Northw. Tel. stk. ($50).M y7,1980
2,500.000 $
J & J .................... term inal track, connecting with the Cleveland & Pittsburg. Cleveland
1,180.000 7
1st m ort. int guar___
J & J Jan.. ii)04 Lorain & W heeling aud W heeling & Lake E rie on Ohio side, and Balti­
Pac. it AtL stock ($25). 99 years
2,000,000 4
J & J No bonds
m ore & Ohio, Ohio River R ailw ay aud P ittsbu rg W heeling & Ken­
Sou. A Atl. stock ($25) .999 years
948,875 5
A & 0 No bonds.
tucky (Pennsylvania system) on the W heeling side. A n extension of
H Dividends increase >8 p.c. yearly to 6 p. c. in 1897 aud afterward 3 miles from W heeling to B enw ood was com pleted in Maroh. 1895,
D ividends . - > ’87, Oct. ’ 88, to Apr. '97 incl.
with receiver’s certificates,sinoe paid off. S t o c k .—A u horized $1,500,since 1886. J 2%, 5 p, c. yearly (1% quar.)
0 0 0 ; par, $100. No reorganization plan to A p ril,1897. C. O. Brewster
is receiver. E a r n in g s —For year ending Dec. 31, 1895, gross, $100,E xtra d ivid en d s: Jan. 15 ,189 0, * p. c.; Dee., 1 8 9 2 ,1 0 p. c. in stook
04 2; net, $41,347. In 1894, gross, $67,813 ; net, $20,458.
476°W ctul‘l)nrnei895U'PlU8 June 30’ 1896, $7,703,657, against $7,447,Wheeling L a k e Erie Ac Pittsburg Coal.) See this 8 upple *
W li t t e b r e a s t Fuel. (Plan V. 62, p. 1 140. i must page 154.
,
estim ated )fARNINOS _ F O r 9 montha endin« March 3 1 ,1 8 9 7 (Maroh
W i n o n a B r i d g e . See R a il r o a d s .

MISCELLANEOUS

APBIL, 1397.]

COMP A N ILS-SU PPLE MENTABT.

153

fggp3 F or S ecurities Outstanding see the tables on pages H I to 1M*, in clu sive.
i m e r l e a i ! F t e e t r l e H e a t l n s C o r p o r a l i o n , —A consolidation
tli March, 1<96, o ' pro mi neat electric heating com panies. CapitaLizaxion—Stock ft !0.000,000 (par #50) a n d -f300,000 o f 15-year 5 per cent
incom e bmi Is, which are to be cum ulative after Jan. 1. 1893. Presi­
dent J. Murray F o rb e s Gem Mam, James J. Ayer. Office, 811 Sears
building, Boston* See fo il statem ent V. 62, p. 587, 634; V. 63. p. 793.
A m e r i c a n G r o c e r y C o m p a n y . —O rg a n iz e d t o d o a w h o le s a le
g r o c e r y bus m ess in N ew Y o r k . A re o r g a n iz a tio n in J u n e , 1 8 9 4 , o f th e
Tfeitrber-WT*yto a d Co. S tock i s : C om m on , S I ,0 0 0 ,0 0 0 ; 1st p referred ,
$ 4 1 0 ,7 8 0 ; 2 d p ro f., $ 1 ,5 0 0 ,0 0 0 —p a r & ! >. D iv i d k s d s . - O n fir s t
p r e fe rred p a id 3 p. c. in O c t.. 1 8 9 6 . F is c a l y e a r e n d s J u ly 3 1. R e p o rt
f o r 1895-8 w as g iv e n l a V. 6 3, p . 556 . but c o n ta in s n o s ta te m e n t o f
earning-*. A c c o u n ts p a y a b le J u ly 3 1 .1 8 9 6 . w ere $ 8 5 ,1 2 7 ; b ills p a y aide, $ 9 0 ,4 6 4 . B ills a n d a cco u n ts r e c e iv a b le , $ 3 2 6 ,0 0 0 . T. L, M arsalis,
P r*s. an d G en . M a n a g e r ; E. F . C u m in g, T r e a s .; W . B . N a sh , S ecy.
—- V. 6 1, p . 3 2 3 ; V. 6 3 , p. S o 6 .)
A m e r i c a n S c r e w C o .—See statement D ec. 31,1896,in V. 64, p. 607.

A m e r ic a n S t r a w B o a r d , — Incorporated under the law s o f Illi­
nois. In 1893, dividends. 2 per cent, paid in March and June, but none
s in c e -S e e V. 62, p. 587. Total toaue o f bonds was $1,250,000. but
they arc being retired by sinking fund.
fa A pril, 1897, it was reported that the sale o f agencies would p r o ­
vide funds to pay off the floating debt.
A vs itcl Hr fo & .—R eport for year ending Dec. 3 1 .1 8 9 6 , was given
t
in V. 64, p. 327, Gross income 1896, $2,278,390. In 1895 total out­
put 73,534 tens and gross incom e $2,575,000, against $2,199,000 in
1894.

1.896.
$113,292

Per ce n t o n s to c k . . .

1395.
$93,473

1894.
$>2,640

1*88

Profits.......................

1*55

1893,
$342,176

0*87

5*70

Bills payable Jan. 1 ,1 397 . $235,000; total surplus Jan. 1, 1397, $227,705. President (In Feb., *97), C. W. Fairbanks. General office, Old
C olon y Budding, Chicago. (V. 58 , p. 42, 2 6 2 ; V. 6 0, p. 3 0 0 ; V. 62, p.
137, 3 17 . 587; V, 04, p. 179, 3 2 7 3
t ( n « r l e a i t T y p e F o u n d e r ! * C o . — O ftO akiz\yio?r.—I n c o r p o r a te d
In i 0 9 2 u n d er la w s o f N ew J e r s e y to c a n y o n th e b u sin ess o f m a a a fa 'ta rin g and s e llin g ty p e . See C a n o jr ic tjs V* 5 5 , p , 6 2 5 an d a d v.
Em.%j in 1 3 9 6 o v e r 9 8 'per c e n t In in te r e s t o f th e s to c k h o ld e r s , a c t in g
on i e s ta te m e n t in V . 6 1 , p. 1 1 0 6 ,a g re e d t o e x c h a n g e t h e $ 5 ,0 0 0 ,0 0 0
com m on a n d $ 4 ,0 0 0 ,0 0 0 p r e fe r r e d s to c k a t 15 f o r th e c o m m o n and 7 5
fo r the p re fe rr e d la t e b o w co m m o n stock,, m a k in g | 3 ?7 5 0 ,W 0 in a ll.—
V. 6 2, p . 6 8 2 , As p a r t o f th e ca p ita l m a d ju s tm en t $ 5 0 0 ,0 0 0 g o ld 0 p e r
m u t f e n d *1p a rt o f an Issue o f $ 1 ,0 0 0 ,0 0 0 ) w ere Issued in J u ly , 1 8 9 6 ;
trn+ u- . M ercantile Trust Co.. N. Y.; to Oct. 3 1 ,1 3 9 0 , $196,000 deben­
tures had t e«ii sold.

D iv id e n d s o n p r e fe rr e d i s 1 3 9 3 : 4 p .
n on e s in ce ,
$XX(trjUU B t p o b t .—T he r e p o r t f o r th e y e a r e n d in g A u g . 3 1 ,1 8 9 6 , w a s
U
la V. 6 3 , p , 7 9 2 . s h o w in g n et ea rn in g * fo r th e y e a r o f $ 1 3 6 ,1 3 4 .
N. Y , C ro ce , 27 W illiam S t.—(V .6 1 , p, 7 4 8 , 8 2 9 . i 106; V , 6 2 , p . 0 8 2 ;
V. 63. p. 1 1 5 , I M , 7 9 2 .1
A t in * * r » c I t . —A MmeuMthttseite c o r p o r a t io n o f ISO I s C apstan zat Ion ;
ite e k , $ 7 0 0 ,0 0 0 ; l e t m o r tg a g e 6 s . B o s to n S a fe D ep osit «A T r u s t C o .,

trustee. $^00,000. Ti%omm J. U t l u s p an d Jam es P. S tea m * made re*
g#iv>r« In. 1896, Iforeeliomr** s a le s e t fo r A p ril 2 7 . 1 897, upset -price
#23 0 ,0 0 0 , s u b je c t I® first m oftsrage o f l $ 9 l » o n w h ic h th e re is d u e f o r
p rincip al a n d Jcuere*t $ 23 7 ,5 6 8 , T o t a l lia b ilitie s, $ 8 8 7 ,0 0 0 . S ee V,
fix, p 867 , 4 1 7 0 ? V. 6 4, p, 663 ,
B a y * i m t « f i t * C o I n e o rp o r a te d t o 1 88 9 u n d e r th e la w s o f D e l­
aware- m ain ly f o r th e p u r p o s e o f c o n tr o llin g th e e o w M a iiw s u p p ly *
lo g gw* t o th e c i t y o f B oston , T h e c o it io lld a tlo n Itigludee ; B a y S ta te,
o fjlla a s ,; B»>#to*s G a slig h t, R o x b itr y G a s lig h t, D®»refcre*-ter f i usJigtu a a o
South B o a to o Cto# light- V . 50* p, 0 0 7 . T h e B ay S ta te G a s C o, o f New
J ersey
organ ize*! In 1 * 8 9 w ith a e a p ita l s ta ck o f $ 13 *0 0 , ikk ), o f

which $9 95,0 00 « m sold to the Delaware Co. »««•* bonds ” below.
—Y. 64. p. SC
S tock.- m m k to*w e oem l 1 fremi SS.CgMlJkK) to ®i5,|]>00*000 to. O*itebc
1895, to aiMfuire **e bilii gas prej»crtii»; par, $30,” —V •« » . »»•« 10, ’
9 m m . ■T
m «*Bo
N1red i
r»y
m O hit®d Clas** raon ga go mi i1889*w as IS S
the l i, . . i * 4 Co. « Himr Je r m f and sfcmrmnimml b y the Del a ws
0
The m*ift gagi
t o r #12/300,000 gull
compo-ify
md», « f withsh
■
N| w * pn *r<i«r e 4 1 * f d eposit with the Me .
Trust
Co., trust C, o f prer sally' all tit# stock o f the Bosf on.
'ti.
Jtextmry ,ml Bay $it»i
4 M;asst 1 ga#»*Ugh:t. eompati:-s 0 «f Bos tor*# ta14
to bur**
ate
t o v e r $U M 90,000, O ft
0 3)0 0 ), $8*0 0 0 ,0 0 0
Nip
I tm a ? m otiicj ' g**#» I
te*|
* B poit r e fla t e term * and
18
pr>.> mwaSM*
V SE
w srt #4 $ 1 ,0 0 0 h o te l Is en titled
to 5 got
f P«r •
-v* >fir«
T here
c fund
e» I
105. A ll tl
:ed are dar
p*a#ted with M e r n tile T ru st C< .* 5C*.¥„ i
osited
H erca
t>n U nited
0 a » trust ce rtifica tes th erefor.
Bakin *0$—f*Bca l y e a r c o d s J u n e 3 0. C om b in ed e a rn in g * o f th e 5

companies abovef m entioned have t*reu;
firms.
,Vff.
Other fo r, Ilirklends. Boil,, »ur,

1895-6....... ..,,.# 2 ,1 9 2 ,7 0 4 $5t#9*830 #2**,167 # 4 9 9 ,0 0 0 $ 1 5 0 ,3 -7
1891*5....... , 1 , 9 4 1 , 1 6 0
5 3 0 .0 4 4
2 1 ,3 0 6
.101.90*;*
4 9 .4 5 0
P resident t e t e t e d N ov .. 81**0. J, H. B a r tle tt. IV 62, p . 3 1 8 , * 8 8 ,
1086, 4139; V, 8 3 , p* 7 0 1 , 7 5 3 , # 3 7 , 9 2 2 , 9 8 7 , 1 0 0 $ ; V. 6 4 , p . # 1, 6 0 9 . S
14o s tor* A r f« * t t « f* s i V llia f u g ;,— Y, 62,. p, 303 .

I t r u n s w lr u

C o m p a n y .—Owns real estate and water front in

- B ru n sw ick ,G a .,a n d stock * l,« tor 41. c o t . T h e p r o p e t ty ** & *<dd in
.*
: foteislw iire J a m .* , 1 897, a d p u rch a se# b y th e' co m m itte e o f bond*
>

holders for ##0,000.

fCnrekerboe**r Trust Co., »»r New Y ork, was

: trustee o f th e o ld |B0ftjgS$Vh—y T , § » , p . * 8 5 1 V . 0 4 . p. 1 33 d
C a m b r i a i r o n C o , — in c o r p o r a te d in 1 9 5 2 la. P e n n s y lv a n ia u n d er

: psarpetuai charter. Own# b la st fantteua, rolling mill*, steel work*.

|ete,- a t Johnsirrw n, Fife
^ 0 6 K ,- 4 h p i t A i s to c k 4* -f7.H 74.550 fp a r $301, h a v in g b e e n toe reu sed
in June, 1895, fro in $5,000,04)0. See \ . 60, p 1037; V. 6 2 , p. 277.

Dtriflends haw#been paid fo r m any y en r*, from I #93 to April, 1897,
at rate o f 4 p er ce n t p e r atm itw ,

A s to c k d iv id e n d o f 12% p e r ce n t

was paid in 1895.
In April, 1897. the issue o f #2.000,000 bond* was decided upon, o f
wbign #1,300,000 to pay o ff wmm and $700,004) to purchase ora
property.— V . 6 4 , p. 7§S,

EtRtiXfj*.—F«>r the year ending Oat. 31, HOB, no report Issued, but
\VpmtM are said to h a v e beau a b o u t $ 7 2 0 ,0 0 0 twjBal to 9 p ar cen t on
d ivid en d s f4 re c re a n t), $ 3 i 9,0001 Im p r o v e m e n ts. # !
,o**o.—
v.d -U p . 280. fn 1 8 9 4 3 , tofo? in co m e , $ 7 1 9 ,3 3 1 ; p a id d iv id e n d * *4
iPer rent*, #200>000; gn am arfy on m w s tock fa m e # 10 0 ,0 0 0 ; better*
Anents.fstc., # 2 9 3 ,!# 3 ; le a v in g a s u rp lu s o f $ 12 1,146* f»atenee to cred it
• Hprofit and ins* O at. 3 1, 1895, $ 3 ,7 2 # , 100. T h e b u sin ess o f the com ;*
.-patty Inereiised n ea rly 2 3 p e r e e n t in rain© d u rin g th e y e a r, th e torn !
am ounting to 2 7 0 ,3 1 3 fo b s , valuer! at # 7 ,0 0 1 ,0 1 5 . * (V . 6 0 . j*. 1057; V.

60

62, p, 277; v . 64, p. 286. 7 o 3 j

fv L a ,1 *f*t , C *>w npany. « « a la n d im p r o v e m e n t c o m p a n y o w n in g p ro p ,
?,r
^ B a ltim ore, MtL T h e U n ion R B . s e co n d m o r tg a g e s in k in g
82 w a a ^
J u n e 1, 1 80 6 , to $ 4 9 4 ,3 1 4 . rem a in s the p r o p e r ty
o i tab C a n to s C o., bftft Is held b y the m o rtg a g e tru s te e till th e b on d s
*
^
N orth ern C e M fa i s h a ll b e p a id o ff at m a t u r it y on M ay
is»A* *!*
the first m o rtg a g e s in k in g f u s d , $#172,435, receiv ed in.
f g S s ' f lm d e ii# o f # 1 5 p er sh a re i;# 49#*945) w a s paid ; on N o t . 2 ,
;AS4f®* ® d ivid en d rjf
p e t sh a re w a s p aid . A ll d eb ts h a v in g b een p a id .

co n s id e r a b le su m s a re f r o m tim e t o tim e a p p lie d t o th e p u rc h a s e o f th e
c o m p a n y ’ s s to c k . S to ck o u ts ta n d in g A p r il, ’9 7 , $ 3 ,0 5 2 ,3 0 0 . F o r y e a r
e n d in g M ay 3 1 , 1 8 9 5 , th e in c o m e fro m h o u se re n ts , s a le o f la u d s and
o th e r o r d in a r y s o u r c e s w a s $ 9 2 ,6 5 5 ; s u n d r y e x p e n s e s $ 4 2 ,4 0 3 ; 725
shares o f s to c k p u rch a se d a n d c a n c e le d a t c o s t o f $ 5 0 ,1 3 1 . T o t a l in
b a n k M a y 3 1, 1 89 6 , $ 4 7 ,4 5 0 .
C a t a r a c t P o w e r Sc C o n d u i t . S ee V. 6 2 , p. 1 1 3 8 .
C h e s a p e a k e Sc D e l a w a r e C a n a l . —O w ns ca n a l fr o m D e la w a re
C ity t o C hesap ea k e C ity , M d. In J u n e , 1893. b o n d h o ld e rs w e r e asked
to a c c e p t 4 p e r c e n t In te re st fin p la c e o f 5 p e r ce n t) u n til c o n tin g e n t
fu n d , re d u c e d to $ 4 9 ,6 1 3 , s h o u ld a g a in a m o u n t t o $ 1 0 0 ,0 0 0 . I n te re s t
is p a y a b le a t th e o ffice in P h ila d elp h ia
F o r y e a r e n d in g M a y 3 1 ,
1 896, g ro ss r e c e ip ts w ere $ 1 6 0 ,9 ; 9 ; m a in te n a n ce o f ca n a l, $ -1 7 ,7 6 6 ;
n e t, # 1 1 3 ,1 8 1 ; in te re s t ch a rg e s, # 1 0 4 ,1 1 8 ; b a la n c e , s u rp lu s, $ 9 ,0 6 3 .
S to c k , $ 1 ,9 0 3 ,2 3 8 ; p a r, $ 5 0 . P re s id e n t, J o s e p h E . G illin g h a m .
C h i c a g o A A t c h i s o n B r i d g e C o . — O w ns a ra ilw a y an d h ig h w a y
to ll b rid g e a cro s s th e M issou ri R iv e r a t A to h iso u , K a n s a s, w h ic h w a s
used b y s e v e ra l ra ilw a y co m p a n ie s. A p p r o a c h t o b rid g e w a s w a sh e d
a w a y in the fa il o f 1 89 4 . S to c k , $ 1 ,1 9 1 ,6 0 0 ; p a r $ 1 0 0 . 'There a re 2d
7s f o r $ 1 4 2 ,7 5 0 . J u n e , ’ 9 4, c o u p , la st p a id ; th e b o n d s m a tu r e d in 1 89 5
b u t w e r e n o t paid. F irs t m o r tg a g e c o u p o n s d u e J a n . 1 ,1 8 9 5 , a n d s in ce
rem ain un p aid . B on d h old ers' C om m ittee.— P. W . P el to n , J o h n J. S hip
herd, H . P. B e lls (all o f C le v e la n d ), J a m e s J . H ig g in s o n IN . Y d an d
G e o r g e S. M o r is o n (C h ica g o ). D e p o s ita r ie s ; C e n tra l T ru st C o. o f N .Y
a n d Citizens* S a v in g A L o a n A s s o c ia tio n , C le v e la n d , O . S ee C h b o x ic l e o f J a n . 2 5 ,1 8 9 6 ,
E a r n in g *—Y e a r e n d in g J u n e 3 0 , 1896. g ro ss , $ 5 3 ,1 2 9 ; o p e r a t in g
e x p e n . A ta x e s, r 2 0 ,5 8 3 ; n et, # 3 4 ,5 4 5 : in t. o n 1st & 2 d m tg s., n ot
p a id , # 5 6 .9 1 2 . A g e n ts N .Y . C ity , W. & J . O’ B r i e n — (V . 0 2 , p. 1 8 5 , 5 8 8 .)
C h ic a g o E c o n o m ic F u e l G a s
C o .—O rg a n iz e d in 1 8 9 0 in
C h ica g o , Illin o is .
T h e m a x im u m p r ic e to b e ch a r g e d f o r illu m i­
n a tin g g a s , as fix e d b y o r d in a n c e , Is $ 1 1 0 p e r th o u sa n d c u b ic fe e t;
f o r fu el ga s 6 0 ce n ts p e r th o u sa n d c u b ic fe e t. A n n u a l r o y a lt y to th e
c it y o f 3 p e r c e n t o f g ro ss re v e n u e fro m illu m in a tin g g a s a n d 5 p e r
c e n t fro m fu e l g a s. S to c k $ 5 ,0 0 0 ,0 0 0 , p a r 100.
B o n d s .—T he m o rtg a g e o f 1 8 9 3 is f o r $ ’>,
(tru s te e . C e n tra l
T ru st C o., N . Y 0 i the bal»n@e- u n issu ed c a n b e u sed o n ly f o r e x t e n ­
sion s, eq u ip m e n ts o r b e tte rm e n ts to th e a m o u n t o f 9 0 p e r-ce n t th e re o f.
S in k in g fu n d Is 2 p e r m a t o f s u rp lu s e a rn in g * y e a r ly , b o n d s t o b e
b o u g h t a t n o t o v e r 105. (V . 5 4 , p . 3 6 6 . 4 0 5 ,7 9 9 4
C h i c a g o E d i s o n C o . —S ee V . 6 2 , p . 9 8 7 , 1 138; V . 6 3 , p . 5 0 4 , 7 9 3 .
C o l o r a d o C o n i Sc I r o n D e v e l o p m e n t . —'F o rm e rly c o n t r o lle d b y
C ot. C oal A Iro n Co. S to c k (p a r $ 1 0 0 ), co m m o n , $ ,
,
, o f w h ich
# 3 9 0 ,0 0 0 h eld b y tru s te e f o r b e n e fit o f s to c k h o ld e r s —s e e b e lo w ; p r e ­
fe rre d . $ 3 0 0 ,0 0 0 , n o a -ciim n i& iive , 3 p e r ce n t. S ee fu ll s ta te m e n t to N.
Y . S to c k E x ch a n g e in D e ce m b e r, 1 89 2 . In Y. 5 5 , p. 1 1 1 2 ,
John h.
J e r o m e w a « a p p o in te d r e c e iv e r J u n e 24," 1 89 6 , o n a p p lica tio n o f C o l. F.
A' I r o n C o. F oreolow nre ptem eedlugs u n d e r co lla te r a l t ru s t m o rtg a g e
o f 1 8 9 2 w ere b ro u g h t in M a rch , 1897. V . 6 4 , p . 5 6 7 . C o u p o n s d u e
J a n . 1 a n d J u ly 1* 1 8 9 6 , w e r e p u reh a»ed. S u b . L a n d & I. c o u p o n s d u o
N b v. i , 1 89 6 , w e r e n o t p a id
S ee V . 6 3 , p. 2 9. P rov iden t, H e n ry H .
T ru m a n : N e w Y o r k O ffice, 4 0 W all S i,—V. 0 3 , p , 2 9 ; V , 6 4 , p . 5 6 7 .
C o t n a f o e k r u u *>»-l C o , —o w n * S a tr e T u n n e l o n Oam atoek L o d e fo r
fo n lllta tin g g o ld a m i s ilv e r m in in g o p e ra tio n * an d law o o n tra cta with
m in in g co m p a n ie s f o r r o y a lt y at ra te o f 4 p e r ce n t on b u llio n y ie ld
at m a rk e t prion to g o ld . S to ck , $ 4 * 0 0 0 ,0 0 0 (p a r, $2*00). In te re s t p a id
on Incom es N ov. 1 , 1 8 0 2 ,1 % jw r ce n t ; none sin ce, R e p o r t f o r y e a r
e n d in g A u g u s t 3 1 , 1896, groa*, # 2 5 ,2 1 7 ; net, # 5 ,3 4 0 .
R e p o rt fo r
1.804-5 u p In V* 6 1 , p. 747* 7 5 2 . N ew Y o r k office , N o 7 0 B ro a d w a y ,
F ra n k lin L e o n a rd , Jhrtwddetjt, —f # . 6 0, p , 7 4 8 ; 7 . 6 1 , p , 7 -1 7 , 7 5 2 . )
C o t i a * » !i « l « t e i l I S I e e t r i * L i g h t . —T h e p ro im riy o f th is c o m p a n y
t o N ew Y o r k a n d P itta b u rg t»< leaded to the W'e^tmghottso. E le c tr ic C om a a y f o r $ 1 5 0 ,0 6 0 p e r ntumiH an d o n e ce n t r o y a lt y o n e v e r y inenne-ieent e le c t r ic la m p in a n u fittin ra tl b y th e leasee. F o r s ta te m e n t
m ad e t o N ow Y o r k S t o c k E xchange- o n l i s t i n g s le e k , *<ee C n R O S ictK ,
V- 4 8, p . 4 2 $ . T h e In a t'of th e d e b e n tu re s w a s p a id Jan* ! , 1 89 5 ,
D e t r o i t f f a e k i t u i r A , i ! i r < i 8 H ( r H u l l r o a d , —O w n s a b o u t
1 ,3 0 0,06 0 a cre * o f la n d to N orthern M ich ig a n , a lo n g th e lin e o f
the D e tro it M ncklnac & M a ro u ctte IUL
Igt-nds a re fr e e fro m ta x a tio n
till 1 899. O f th e tota l i^atteof $ 4 ,5 6 0 ,0 0 0 b o n d s, # 1 ,4 4 8 ,0 0 0 had been
urehaaed a n d eancscled p rio r t o J a n . * 1606* a t p rice s ra n g in g from
9 to
p e r s e n t . In O ctober* 1 8 9 2 . 2 p e r c o o l In terest w a s p a i d ;
In 1 8 9 3 ,2 p,
to 1 8 9 1 .2 p .
to 1.91)5* 2 p. o,; In 1890, 2 p . 04 In
1-997. A p ril, 1 p , c., a t CkmtnM T ru st C o.. N. Y .— (V . 6 3. p. 651 ; V . 64,
p. 7WT.)
D e t r o i t I 't i l o t l It I f . , D e p o t Sc 9 t a t* o *», -€> wu «i 4 0 -acres o f
te rm in a l p r o p e r t y a t D e tr o it, Mich,* in clu d in g 3 % m ile s s te e l tra ck ,
fre ig h t h ou se, g ra in e le v a to r, e t c ., a l l e x c e p t the e le v a t o r le a se d to th e
W abash , th e F lin t te I\ M . an d the D etroit- L a n sin g < N o rth e rn R R ,
fc
o m n p a tiW at a ilaecl re n ta l o f § 0 4 ,7 2 7 y e a r ly . It* y e a r 1 89 5 re c e ip ts
fro m re n ta l*. e le v a t e ? , #te»* w e re # 4 9 .3 9 4 j © x p o o so s, in clu d in g ta x e s,
in su ra n ce and e x p e n se o f c ie v a t e r . # 2 6 ,9 0 7 ; n et in co m e a p p lic a b le to
d X on »ls, # 1 2 2 , <177. D iv id e n d * f o r liv e y e a r s . 1 8 9 1 -9 5 , a v e ra g e d 5*4
rld
m r ce n t. J o n , i , \ 9ff6, th e re w as n o te n d e d n o r flo a tin g d e b t. A c t in g
W r w M m t tO ct., 1 9 9 6 ), 'Janies J o y .—|V. 5 3 , p . 5 9 ; V . 5 4, p . 725 .)
D ti I f i t h —S u p e r i o r II r l 4 g e , « J ) r p B i i o t in 1 80 6 t o b u ild a b r i d g e
a t W est S u p e rio r, Wls.., w h ich w ill b e used b y th e D u lu th S tre e t B y .
I'll A u g u st. 1806, a rtr*t m o rtg a g e w m m a d e to th e C en tra l T ru st Co.*
N, Y ,t a s trustee* f o r $ 6 5 0 ,0 0 0 *»f 5 n, * , g o ld b o n d s, d u e 1926. a n d in
S e p te m b e r a eeeo n d m o rtg a g e f o r #30 0 *0 90 5 s o f 1 9 2 6 , a ls o to C e n tra l
T ru st Co#—(Y , 63* p . 8 1 0 * 5 0 4 4
t 'q i t l t a b i * ' 6 h « L i g h t C o , o f N e w Y o r k . — lu o o rp o r a tm l M a rch
9 , 1 88 2 . O w ns fo u r 'iBook.* brtvtm m T h irty -n in th and .F o rty -th ird
stre e ts, F irst A v e n u e a n d E ast R iv e r; a lso 3 2 lo ts b e tw e e n F ifty e ig h th an d F ifty -n in th street* a n d T e n th and E le v e n th a v e n u e s, an d
fo u r lobs so u th e a st c o r n e r E le v e n th A ve n u e an d F ifty -n in th S treet,
T o t a l A*»ete J a ip ia r y 1 ,1 8 9 7 , $ 0 ,0 8 0 ,1 3 8 , la clffilto g m ain s a b o u t 151
mil©#; gw* w ork s valtied a t # 3 ,1 3 3 ,8 5 0 ; rea l e s ta te a t $ 1 ,5 6 9 ,1 0 0 .
D ivin H jvps,—l a 1 8 8 0 ,5 % p e r m n%l fro m 1 88 7 t e O c t., 1 80 2 , b o th
tebltwiv®. a t ra te o f $ p e r c e n t y e a rly ; In 1 80 3 , 0 p. c.; in 1 3 0 4 ,1 2
p. ; In 1895,
p . e„; in 1 896,1.2 p . 0 4 in 1897, Jan.* 3 p. 04 A p r ., 3 p . c*
In. 1 8 0 6 9 2 0 0 ,0 0 0 m ods w e re issued fa r e x te n s io n s . Office* 3 4 0
T h ird A ve n u e . (V . 4 8 , p . 120 ; V , 5 4, p. # 4 3 ; V . 62, p. 4 1 3 .)
F o r t N t r c c i %!i i l o n D e p o t f D e t r o i t . ) —O w ns d e p o t p r o p e r t y a t
D e tro it, M ich ,, w h ich is lea sed in p e rp e tu ity t o the W a b a sh , th e F lin t
Sc F ere M a rin e tte * the D e tro it L a n sin g & N orth ern a n d th e O anadian
P a cific, T h e lease p r o v id e s fo r the p a y m e n t o f a n e t rent- w h ich shall
b e e q u iv a le n t t o nil th e a n n u a l ch a r g e s a n d 5 p e r ce n t p e r a n n u m u p o n
t o e to ta l c o s t o f all th e p ro p e rty , t o b o p a id b y the le sse e s in. m o n th ly
in sta lm en ts. Stock* $ 1 * 0 0 0 ,0 0 0 ; p a r, * 1 0 0 ; in 1 8 9 # p a id d iv id e n d s
a m o u n tin g to (S % p . #.» $55,000-. First- rn o rtg s g e b o n u s liste d to N e w
Y o r k in M ay, 1 8 9 3 ; 2 d m o rtg a g e 5 s fo r # 3 2 9 ,0 0 0 w e r e issu e d In ?8 9 7 .
F o r y e a r e n d . D ee, 3 1 , 1806* g r o ss , .$ 1 26 ,14 9 , In 1395* g ro ss , $ 1 2 3 ,4 7 4 . S e e ad v . V , 5 4 , A p r. 16. ( V , 5 0 , p, 8 8 7 .)
f i c c : l « c r - J o i i e « - . j e % v c i i J 1III n e .—O rg a n iz e d u n d e r t o w s o f N e w
J e r s e y . I t s .securities a re as f o l l o w * :
P a r.
In te rest.
A m o u n t,
L a st D iv ., etc.
C om m on s t o c k . . . . . .
......
$ 2 ,0 0 0 ,0 0 0
............
■*t p ref. s t o c k ... ... *
100
8 0 . — M.
3 ,0 0 0 .0 0 0
M a r ,«,*97,2%
1 *t M ., g o l d . . . . . . . . 1 ,0 0 0
6 M. S 8.
r2 ,5 0 0 ,0 0 0
S ept, 1, 1 922
8 , f. s u b je c t to ca ll a t 110 a fte r S e ft, 1* 1 90 2 . P re f. s to c k has p r e f­
eren ce m to b oth a ssete a n d d iv id e n d s . In te re s t and d iv id e n d s a re
p a y a b le a t F ra n k lin T ru st C o ., B ro o k ly n . D iv id e n d s o n p re fe rr e d to

000,000

6 000000

S

1

f

©
4

1

1

4

12

1

$100

134

INVESTORS’

SUPPLEMENT.

[VOL. L X IV .

For Securities Outstanding see the tables on pages H I to 15k inclusive.
Mar., 1897. lncl.. 8 per cent per aniirnu. President, Eugene Jones
Offlec. Produce Exchange Building.
I n t e r i o r C o n d u i t A I i m u l n t l o n .—Successor in 1890 to tlie In
terior Electrical Co. or N. Y. City. See description o f property, seouri
tics, etc., In application to New York Stock E xchange Juno, 1895. V,
60, p. 1000. DlVtoKNDS.—In 1894, Juno. 5.p. c. in scrip; iu 189o, July,
hi p. o. in cash; since (1). President, Edward II. Johnson, o 2 / West
34th Street, N. Y. City. (V. GO, p. 301, GOG, 1058,1060; V. 62, p. 413.)
I r o n s t e a m b o a t C o .—Property consists o f seven iron steamboats.
For year ending Oct. 31, 1896, gross receipts were $255,864; operat­
ing expenses, $151,405; terminal charges, $30,086: rentals, $49,405;
int. on bonds, etc., $27,951; baL def. fo r year, $2,986. Total surplus
Nov. 1,1 896 , $119,496. In January, 1897, stock was reduced from
$2,000,000 to $500,000. Dividends since 1886—In 1887, 2*s; in 1888,
nil; in 1889, 2; In 1890, 2 ; in 1891, none; in 1892, 1; none since. Pres.,
Allen C. Washington. Pier 1, North River.—(V. 63, p. 9 6 6 , 1115.)
J e H e r a o n A: C l e a r f i e l d C o a l A I r o n C o .—ORGANIZATION.
Organized under the laws o f Pennsylvania in May, 1896, t o acquire
the coal and other properties o f the Bell, Lewis & Y ates Coal Mining
Co. See V. 62, p. 908; V. 63, p. 115. The securities o f the new com ­
pany are inoluded in the table on page 145 o f this S upplement . The
property mortgaged consists o f about 7,800 acres o f lands in fee and
coal rights and 47000 acres o f leasehold lands. The present capacity
o f the mines is about 10,000 tons per day, but the greatest amount
so far shipped in one year was 1,541,000 tons.
Bonds .—T rustee for first m ortgage is the Guaranty Trust. Co. o f New
Y ork; for the second m ortgage, the United States M ortgage & Trust
Co. The sinking fund is 3* cents fo r each ton o f coal mined, the pay­
ments not to bo less than $50,000 per annum, and the bonds to be drawn
at 105 and accrued interest, If not purchasable for less. A ny bonds so
purchased or drawn are to be held uncanceled by the trustee, and the
interest on them invested for the siuking fund. It is estimated that
with these accum ulations the firsts will be retired in twenty-three years
and the seconds in twenty-eight years and six months.
As further security for the bonds there is pledged with tlie Guaranty
Trust Company o f New Y ork, R eynoidsville & Falls Creek RR. Co.
first m ortgaged x>er cent bonds $170,000, and $170,000 stock being the
total capital and securities o f that com pany. The R eynoidsville &
Falls Creek RR. Co. owns about 28 miles o f track, connecting the
mines at Falls Creek with Butt*. Roch. & Pitts. R y., Penn. RR., Erie
RR.. W estern N. Y . * Penn. RR.
fe
8 tock .—The $1,500,000 com m on and $300,000 preferred stock is
owned by the R ochester & Pittburg Coal & Iron Co., which places the
control o f the output from the property with the Buffalo Rochester &
Pittsburg Railway Co.— (V. 63. i). 115, 7j 6 ; Y . 64, p. 517.)
( T l i e ) J o h n s o n C o .—Thi9 com pany ranks am ong the leading
companies in the United States in the production o f Bessemer steel.
Its works are located at Lorain, Ohio, and Johnstown, Pennsylvania.
Its first m ortgage secures $2,000,000 sinking fund 6 per cent gold
bonds, dated 1894, due Sept. 1,1914, interest M. &. S. A sinking fund
$100,000
on Sept.
?rovides for the redemption o fcannot be o f the bonds annuallyBonds in
, at 105 and interest, if they
purchased fo r less.
sinking fund October, 1896, $200,000.
Tlie cost o f the property in May, 1896, was certified to have been
$4,799,000,and the average annual net profits for the past six years to
have been $476,611. Interest charge is $120,000.—See Y. 62, p. 949.
J o s e p h B a u i g a n R u b b e r C o .— V. 63, p. 1063.
J o u r n e a y A B u r n h a m . — See V. 54, p. 192 and adv.
h a d h o n S q u a r e G a r d e n .— Owns in fee the block o f land in
New York City bounded by Madison and Fourth avenues and 26th
and 27tli t-treets, together with building thereon, containing theatre,
amphitheatre, etc. Stock $2,000,000, (par $100); a m ajority is depos­
ited in trust for live years with J. Pierpont Morgan, Charles Lanier
and three associates. There is a second m ortgage for $750,000. In
April, 1897, it was voted to request stockholders to deposit the stock
with Knickerbocker Trust Co. and give option to purchase at $12 50
per share prior to J une 1.
IT C assach u setts P i p e L i n e . —See V. 63, p. 116.
M a x w e l l L a n d G r a n t C o m p a n y .— Owns 1,714,764 acres in
Colorado and New M exico, containing coal, timber and land fit for
grazing and agricultural purposes. (See map in S u p p l e m e n t o f March,
1889, and prior issues.) The prior lien bonds are p ayable at. 110 at
maturity, or redeemable at par from proceeds o f land sales. In 1891
interest was defaulted and was paid with prior lien bonds or cer­
tificates convertible into prior lien bonds. Stock, £950,000.
N a t i o n a l l t i c e m i ll i n g :.—See fu ll statement V. 55, p. 49.
N e w Y o r k M u t u a l T e l e g r a p h . —Successor to the Mutual Union
Telegraph Company. The stock carries dividends o f 6 per cent per
annum under a lease for 99 years from February 15 ,188 3, to Western
Union Telegraph. The Western Union gives its collateral trust bonds
in exchange at par fo r the stock and bonds o f this com pany.
N e w Y o r k S u s q u e h a n n a A W e s t e r n C o a l .— H eld in interest
of New York Susquehanna & W estern RR., under whose collateral
trust deed o f 1895 are pledged $525,000 second m ortgage bonds,
$90,000 preferred stock and $359,500 comm on stock. The first m ort­
gage is for $600,000 6s, M. & S., due 1912; original issue was $600,000.
but in Nov., 1896, only $495,000 firsts were outstanding; seconds out­
standing were $525,000.
N e w Y o r k A T e x a s L a n d . —This com pany took the lands granted
to the International and Houston & Great Northern railroads, about
5,000,000 acres. June 30, 1896, had 2,078,296 acres unsold and there
was $802,080 o f land scrip receivable at 75 p. o. o f lands sold. Stock,
$1,500,000; par $50. Agent J. S. W etmore, No. 2 Wall Street.
N e w Y o r k A W l l k e s b a r r e C o a l .—Organized in interest of
N e w 5 o rk Susquehanna & W estern R R . and has issued $450,000 of
first m ortgage coupon 6s dated 1893, due Nov. 1, 1933, $500 each
hit crest payable M. & N. at 26 Cortlandt Street. M ortgage trustee
Continental Trust Co.
*
O g d e n Gaw ( C h i c a g o ) . —In September, 1896,1 5 miles o f mai
had been laid.—(V. GO, p. 432 ; V. 62, p. 1178 ; V. 63, p. 559.)
O h i o F a l l * p a r M a n u f a c t u r i n g C o .—Incorporated under t
laws of Indiana in 1892 as successor to Ohio Falls Car Co., establish
in 1865. Located at Clarksville, near Jeffersonville, Ind. See ac
C h r o n i c l e o f Oct. 22 ,189 2, and Maitland, Coppell & Co., 24 Exchan
?J>«ce'T ^ U 3? ’
!^e
bills payable, $1 85,661; bills receivable, $30
189. Dividends—On com m on in 1893,1 2 p. c.; none since On n
ferred 2 p. c. quarterly Jan., ’93. to Jan., 1895, inclusive; in 18S
A pril, 2 p. c.; July, 2 p. c.; none since.—(V. 63, p. 18 8.)
. P e o r i a W a t e r .—Owns water works at Peoria, 111. C. B Gold
Y
l
roci ‘|ver. B o n d h o l d e r s ’ C o m m i t t e e . —Conti*
+ 1,397.000 bonds out o f a total o f $1,429,000; depositary, Atlan
Trust Co., N. Y. Reorganization plan in V. 62, p. 779. No foreclosi
decree entered to Sept .. 1896. F or year 1895 gross earnings from nr
ate sources were $76,155; casli warrant rentals from city, but i
paid, $2 7,15 4; total, $103,310; operating expenses, including inisc
laneous interest and exchange, $ 5 1 ,.2 2 ; taxes, $4,393.
P r a t t A W h i t n e y .—See CHRONICLE, V. 55, p. 907.

,
" e '- U f l c a t e " . - m ® silver bullion oertiflea
dealt, id on the N. Y. Stock Exchange represent *^ch 1,000 ounces
fine silver bullion deposited with the Mercantile Safe Deposit Co. o f N
Y ork, and are each subject to a storage charge o f tw o cents per dav; l
silver storage is one cent per day. A v. weight o f bars is 1,080 oz.

S o u t li Y u b a W a t e r C o .—Owns 18 storage lakes and reservoirs in
Placer and Nevada counties, California, 12 distributing reservoirs and
500 m iles o f canal and pipe lines. Incorporated in California in 1854
and In New Y ork in 1880. Supplies water for household aud m unicipal
purposes, pow er aud irrigation, electric p ow er aud light.
A rea
supplied about 2,000 square miles.
M ortgage trustee, Farm er’s L oan < Trust Co. A pplication to N. Y.
fc
Stock E xchange for listing bonds o f 1893 iu Vol. 59, p. 700. F or year
1896 gross, $ 1 60,0 16; net, .$87,405; charges, .$49,540. In i8 9 5
gross, $154,230; net, $82,359; charges $33,450.
O fficers .—P resident, Warner Van Nordeu; Vice-President, W illiam
Dowd: Secretary, H. W. Lazelie. Offices, 45 Cedar St., N. Y.; N evada
City, Cal. and A uburn. Cal. (V. 59, p. 6 jr , 697, 700.)
S t e r l i n g I r o n A R a i l w a y . — The property o f this com pany, in
Orange County, N. Y. (and a few acres in R ocklandi, consists o f 25,000
acres o f land, with furnaces, &e. The com pany endorses the $471,674
bonds o f the Sterling M ountain Railway. Stock is $2,300,000—par,
$50. New Y ork office, 45 W illiam St.. Now York.
S t i l w e l l - B i e r c e a n d S i n i t h - V a i l e C o .—See V. 55, p. 884.
S o u t h e r n C o t t o n O i l .— A New Jersey corporation ow ning eig h t
crushing mills in the South with an aggregate cap acity o f 1,825 tons of

seed per day; also owns 5 refineries, etc.
In May, 1895, tlie capital stock was reduced from $5,000,000 (par
$100) authorized, o f w hich $4,000,000 issued, to $2,000,000 (par $50.)
D iv id e n ds .— ) 1889
1890-91
1892
1893
1895
P er cent. >
8
0
5
5
3 June
A nnual R eport .—Fiscal year ends April 30. R ep ort for year 189596 showed profits fo r year o f $30,820. In 1894-95 profits for year,
$210,462; dividend due June 15, 1895, $120,000; balance, surplus
fo r year, $90,462. Total profit aud loss surplus A p ril 30, 1896, $437,939. in 1893-94 net loss under operating, $146,011. President,
H enry C. Butcher. Office. Camden, N. J. (V. 60, p. 838, 874, 1 0 5 6 .)
S u s q u e h a n n a C o a l .—Owns coal property at N anticoke, Luzerne
CO., Pa. Pennsylvania RR. owns all the $2,136,800 stock and guaran­
tee the bonds principal and interest. Dividends, 6 per cent.
T e x a s A P a c i f i c C o a l .— Owns 33,000 acres of coal lands in
Texas. Business consists o f m ining coal and m anufacturing coke,
etc. Capital stock $2,000,000, fu ll paid. Q uarterly dividends o f 1 per
cent (Q.—J.) are paid. M ortgage is fo r $500,000 o f 6 p. c. bonds, due
1908; bonds fo r $139,000 in sinking fuud (iu Jan., 1897), le iving
$361,000 eutstand ing; interest A . & O. at ( entral Trust Co., N. Y., the
m ortgage trustee. President, R. D. Hunter, F ort W orth, T ex.; VicePresident, Edgar L. M arsten, 33 W all Street, N ew Y ork.
T e x a s A P a c i f i c L a n d T r u s t . — H olds at present the ownership
of the lands form erly belonging to the T exas & Pacific R ailway. The
trustees o f the laud trust are Messrs. Charles J. Canda, Simeon J.
Drake and W illiam Strauss, o f N ew York. Ou Jan 1, 1897, they held
3,092,624 acres o f land. $24,168 contract obligations, $125,996 hills
receivable, $8,798 cash. The liabilities w e r e : Proprietary certificates,
$9,264,696; outstanding, Texas & Pacific R ailw ay Eastern Division,
land securities, $293,606; due Central Trust Company, $68,000;
vouchers unpaid, $45,411. In 1896 sold 2,795 acres for $1,051 cash
and $7,067 bills receivable. Total receipts, .$51,144; expenditures,
$45,728. In 1895 sold 5,401 acres. N. Y. Office, No. 11 Pine St.
T r o w D i r e c t o r y P r i n t i n g A B o o k b i n d i n g . — Organized in
1891 under law s o f New Jersey. See advertisem ent iu C hronicle
of Ju ly 18, 1891. Sto c k .—Capital stock is $850,000; form erly the
stock was $750,000 com m on and $750,000 preferred 8 per cent, but
was reduced to $850,000 all com m on in A pril, 1897. See details and
statement o f current assets and liabilities on M arch 1, 1897, in V. 64,
p. 612, 708. Fiscal year ends Ju ly 31. R eport fo r 1895 96 was in V.
63, p. 355, showing profits fo r y ear $17,017, after charging off $17,724
fo r depreciation and $3,419 reserved fo r doubtful debts. D irectors .
—July 31, 18 96: R obert W. Smith, President, N. Y. City; Jam es G.
Cannon, V ice-P resident: W. H. Bates, Secretary; Joseph F. Simmons,
T reasurer; G. P. M orosini, P hilip H athaw ay, R. W. Gibson, William
H. P orter.— (V. 61, p. 3 6 5 ; V. 63, p. 3 5 5 ; V. 64, p. 612, 708.)
U n i t e d S t a t e s C u t l e r y .—See V . 5 4 , p. 1 0 36.

V i r g i n i a A T e n n e s s e e C o a l A I r o n C o .— Incorporated under
law s of V irginia and owns about 100,000 acres o f land in the Clinch
V alley coal region o f Virginia, and in P erry and Letcher counties. Ky.
The com pany leases its lands on a roy a lty o f 10 ee its per ton. There
are now eight leases in operation on the 12,400 acres covered by the
m ortgage, and ten or fifteen m ore leases can be made. Capital stock
is $5,000,000 (par $100), o f w hich $1,295,000 is in treasury. Loans
and bills payable June 30, 1896, $25,618. Gross earnings fo r year
ending A p ril 30, 1896, gross. $20,373; operating expenses, $6,256; in­
terest and taxes, $8,371; balance surplus, ,$5,746. In 1895 from roy­
alties were $18,960; other sources, $540; operatin g expenses $6,50*0;
taxes, $ l ,700; net earnings, $11,300; interest and other fixed charges,
$7,170; balance surplus, $4,130.
W a g n e r P a l a c e C a r C o .— A join t-stock association, w hich owns
and operates the W agner cars in tw en ty States and in Canada on many
im portant railroad systems. Stock, authorized, $20,00u,000.
Years end. June30. Gross:
Net.
D ividends.
Balance.
(?)
1 8 9 6 ........................... ,$3,660,333 $1,567,891 (8 per ct.)
1 8 9 5 ........................... 3,363,942
1,560,187 $1,520,000 sur.$40,187
1 8 9 4 ........................... 4,263,259 1,439,557
1,520,000 def. 80,443
- ( V . 63, p. 5 0 3 .)
W h e e l i n g L a k e E r i e A P i t t s b u r g C o a l .— Organized Aug. 7,
1888, to w ork coal in Jefferson Co., Ohio. Stock $1,000,000, of
which $670,000 ow ned by W heeling < Lake Erie Ky. Co., which went
fe
into receivers’ hands Jan. 15 ,189 7. R eceivers of Coal Co. (appointed
Jan. 16, 1897,) are Myron T. H errick and R obert B lickensdorfer. See
W heeling Lake Erie & Pittsburg Coal Co. bondholders’ committee.—
V. 64, p. 182. There is a sinking fund o f 5 cents a ton for which the
bonds m ay be called fo r paym ent at 105 and interest. Year ending
June 3 0 ,1 8 9 5 , tlie total am ount received fo r production was $505,284,
against $475,928 in 1893-94; net earnings $69,215, against $30,055 ;
other incom e, $ 2 6 ,6 9 6 ; surplus over charges fo r year, $ 9 ,9 7 6 .— (V. 63,
P- SS3-)
W h l t e b r e a s t F u e l . — Owns and leases coal lands on the lines of the
Iow a Central and C. B. & Q. See application to New York Stock Ex­
change in full, C h r o n i c l e , V. 45, p. 676. The Iow a «fc Hlinois Coal
Co.’ s bonds are redeem able $20,000 yearly at 110, and on June 1»
1907, the whole issue m a y b e paid at same rate. In June, 1896, the
bondholders (both loans) were asked to fu nd the June aDd December,
1896, coupons into coupon scrip. See official circular iu V. 62, p. 1140.
Coal marketed iu 1895-96 was 916,556 tons ; in 1894-95, 868,203 tons.
Loans payable (on collateral) June 30, 1896, $133,500
E arnings .—Fiscal year ends June 30. F or 1895-6, gross, $974,654
net, $68,556: interest charges, $75,826 ; betterm ents, etc., $ 1 ' .049
balance, deficit, .$18,319. In 1894-5, gross, $954,845; net, $68,743.
( H e n r y R .) W o r t h i n g t o n . — Organized in 1893 under laws of
New Jersey to take over .and carry on the extensive business of man­
ufacturing steam pum ps and pum ping engines, established in 1845 by
H enry R. W orthington. Company began "business without bonded or
floating indebtedness, and no m ortgage can be placed on the property
except by a vote o f holders o f 75 pei* cent o f the preferred stock. Divi­
dends on preferred, 3 ^ p. e. N ov., 1 8 9 3 ; in 1 8 94, 7 p. c.; 1895, 7 p. o.:
1896, May, 3*2 p. c.; N ov., 3% p. c. (See V. 56, p. 234.) New York
office. 86 Liberty St.

BANK, GAS, INSUKANCE AND TRUST COMPANY STOCKS,

APRIL, IB97.J

SE W Y O R K A BRO O K LYN CITY B A S K S ,
Ca f i t a l .
C o m p a s ie s .

N ew Y o r k

P ar A m ou n t.

S

I

t* State banks.)

S urplus J
D iv i d e n d s .
a t l a t e s t ! -------- d a te s .» P eriod . 1395. 1896. f L a test.

155

N E W Y O R K A N D B R O O K L Y N T R U S T C O M P A N IE S ,
S u rp lu s A D iv i d e n d s p a id in 1 89 5 A 1 8 9 6
U n d iv ’ ed
a n d a lso la s t d ivid e n d .
P rofits
P ar A m o u n t. D e o 3 1 ,9 6 P eriod . ’ 9 5. ’ 9 6. L a s t P a id . %
Ca p i t a l .

%

$

C o m p a n ie s .

A m e r ic a '.... lOO -lSOOOOO 2 .4 7 0 ,3 0 0 J. A J.
8
3 All. ’ 97.
15
A t l a n t i c .......... 100 1 ,0 0 0 ,0 0 0
6 6 7 ,3 3 4 Q.—J. 11
8
A p r .,’ 9 7 . 2
7
A m .E x c h ... 1<X '5,
2 ,5 3 7 ,SiXIM . A N .
7
N o r. '9 6 .
16 [A p r ,,*97. 4
B r o o W v n ........ 1 0 0 .1 ,0 0 0 ,0 0 0 1 .4 3 4 ,0 6 5 Q . - J , 17
6 J a n . ’97.
A stor P la ce - 100 j 2 5 0 ,0 0 0 3 48,900 J. A J ..........
C e n t r a l........... 100 1 .0 0 0 ,0 0 0 6 ,5 2 0 ,8 9 0 Bi-rnon 50
50 M a y, ’ 9 7 . 5
12 J a n . '9 7 . 6
B o w e n - . . . . 100
2 5 0 ,0 0 0 5 9 8 ,SoO J. ,« J. 12
1 ,0 0 0 ,0 0 0 5 0 0 ,0 0 0
....
C o lo n i a l ......... ...
se e V.03,p.p6A
12 J a n . ’ 97. 6
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3 7 0 .1 1 3 Q.—J.
6"
8 J a u , *97. 4
B u tob'a 'A D r 8 5
3 0 0 .0 0 0 1 8 1 ,7 0 0 J . A J. 8
7 J a n . ’ 97, 3>a F a rm . L . A T t. 2 51 1,000,000 4 ,4 2 3 ,8 8 4 Q.—F . 30 3 0 (Slay, ’ 9 7 .1 0
C e n tra l........100
TIOOOOOO 5 0 0 ,3 0 0 J . A J. 7
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9 0 6 ,7 4 8
J.
8
8 A p r ., ’ 9 7 . 2
10 J a n .’ 97. 5
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5 0 0 ,0 0 0 1,1 8 1.10 0 J. A J. 10
(J uar,T r.,N .Y .i 100 3 ,0 0 0 .0 0 0 2 ,5 9 8 .3 1 9 Jan .
5
9 J a n ., ’ 9 7 .1 0
25 4 50 ,00 0 , 1)75,100 q,16
16
a p r. ’ 97. 4
Chatham .
H a m ilto n . . . . 1 0 0 5 0 0 ,0 0 0
4 8 1 .63 1 Q.—F.
8
8 M a y ,’ 9 7 . 2
1 50
300,000
M ay ’ 9 7 .2 5
C h e m ica l..... 100 8 0 0 ,0 0 0 7.339,000 Bi-mTy. 150
8
8 M ay, ’ 9 7 . 2
..............
7 J a n .'9 7 . 3^8 K in g s C o u n ty . 100 5 0 0 ,0 0 0 7 1 3 ,1 9 9 Q.—F.
25
6 0 0 ,0 0 0 3 9 1 .1 0 0 J. A J .'
7
Citizens' —
k’ r 100 1 ,0 0 0 ,0 0 0 5 1 9 ,0 7 1 J. A J. 6
6 J a n ., ’ 9 7 . 3
City
13
lo
100I 1 ,0 0 0 ,0 0 0 3.60S.700JM . A
N ov,’ 9 6. 5
I [‘. . 1 0 0
5 0 0 .0 0 0
4 0 0 ,5 5 5 Q . - J .
8
8 A p r .,’ 9 7 . 2
C lin t o n '___ 100 3 0 0 ,0 0 0 .
2 1 ,2 0 0 ,3 . A J . N one! N one J a n . ’ 9 3. 2
M anhattan . . . : 30 1 ,0 0 0 ,0 0 0 4 1 2 .4 0 0 J. A J. 5
5 J a n .,’ 9 7 . 2 %
N ew .
m u t in y
i>H,
.............
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5 6 3 .5 2 8 J. & J .
2 J a n ..’ 9 7 . 4
C o lu m b ia -.. 100 3 0 0 .0 0 0
2 12 .40 0 IJ. A J,
8
8 J a n .’ 9 7 . 4
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,
2 ,6 8 9 .9 3 4 Q —J . f lb " 15
A p r .,’ 9 7 . 3
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8 J a il. 9 7 . 4
8
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10 J a n ., ’ 9 7 . 5
6 J a n .’9 7 . 3
6
OOHgnental.: 1 0 0 .1 ,0 0 0 ,0 0 0 2 0 0 ,1 0 0 ,3 . A J,
6
N a ssa u ............. 100 5 0 0 ,0 0 0
2 4 8 ,1 3 8 F. A A. 6
Feb., *97. 3
12 F eb . *97. 6
Corn K reh .* 4 0 0 1 ,0 0 0 .0 0 0 1 ,2 1 3.00 0 F. A A , 1 2
.
N Y . L f. I .A T r . 100 1 ,0 0 0 ,0 0 0 2 ,6 4 4 ,5 7 6 J. A D . 35
40
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8 J a n .’ 9 7. 4
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M a y ,’ 9 7 . 5
10
M a y '9 3 .
East S B d e '.jlO O in iio n b i n tion .
............... . . . . . .
P eop le’s ........... 1.00 1 ,0 0 0 ,0 0 0 ;1 ,0 6 8 ,9 8 9 Q . - J . u
8 A p r ..’ 9 7 . 2
8
l l t h W ard ’
35,
100,000 2 1 3 ,0 0 0 3. A 3. 8
J a n .'9 7 . 4
R eal E s t a te ... 100 5 0 0 ,0 0 0
3 1 7 ,2 8 8 J . A J. 6
6 J a n .,’ 9 7 . 3
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6 J a n .,’ 9 7 . 3
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8 A p r ..’9 7 . 2
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U n i o n .............. 100 1 ,0 0 0 ,0 0 0 :5 ,2 1 3 ,3 0 2 Q . - J , 24
30
A p r ., *97. 8
100 A p r, ‘ 9 7 .2 5
First ........... 100. 5 0 0 ,0 0 0 ,7 .0 2 8 .7 0 0 q . - J . 100
C os.
7 (J a b .'9 7 . 3 % U .S .M ort.A T r. 100 2.000JKK) 1 ,2 0 2 ,0 5 7 See M l seel (lane
F ou rth ......... 100 3 ,2 0 0 ,Ch ) 2 ,0 1 0 ,8 0 0 :3 . A J.
X
« l*t
I ,-...
At 111,.,
J a m ,’ 9 7 .2 0
U nited S ta tes. 100 2 ,0 0 0 ,0 0 0 9 ,8 2 2 .9 1 2 J. A J . 3 6
40
N ov.'9 6 , 3
6
6
W ashington . . 100 5 0 0 ,0 0 0
5 1 5 .0 9 3 J. A .1 6 1 6 J a u ,,’ 97 3
3 2 ,9 0 0 ....... .
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* In cre a se d fr o m 8 2 ,0 0 0 .0 0 0 In J u n e , 1 89 6 .
2 0 0 .0 0 0
2 8 ,3 0 0 F. A A .
5 I 2l« F ob. *96. 2 %
OttUWTOOR’* 56
! C h a n ged fro m J .A J , in B e e ., 1 8 9 5 .
7 2 5 ,3 0 * '..............
S arSeid—
100 2 00 ,0(X
( T i t l e c h a n g e d in D eo., 1895, fr o m N . Y . G u ar. A In d en t. C o. to
l tt F ob. *97. 3
Germ':, Am. 1 75! 7 50 ,00 0 , m > A 0 Q F. A A .
G u a ra n ty T ru st Co. o f Nevr Y o r k .
0
10 [M ay *97.16
16
Gertn'n E x. 100 8 0 0 ,0 0 0 5 5 0 ,2 0 0 M ay.
a C h a n ged fro m Q.— F. In D e c ., 1895.
Gesmanla’ , TOO 2 0 0 ,0 0 0 6 4 8 ,8 0 0 M. A N ! 10 1 10 t.May *97. 5
6
2 0 0 ,0 0 0
1 6 5 .5 0 0 M. A N.
M ay *97. 3
6
S re cn w icb 25
,
;
6-1,700 j . a j . ! —x-rr- r! 5Q ( J a u .’ 9 7 . 3
HatnMtnn*.. 100
N E W Y O R K A N D B R O O K L Y N F I R E IN S U R A N C E C O M P A N IE S .
894,
a p p o in t* d in M a y , l
H’ri'ta Ki v
J
B a n o v e r ... i b o 1 ,000,000 2 ,9 4 4 ,8 0 0 :J . A J. 10 | 10 1 a u . *07. 5
N et
D iv id b s d s .
C a r iT ii..
1 1 4 ,2 0 0 ...............
100 5 0 0 .0 0 0
S urp lu s,
7 9 ,3 0 0 J. A J. ; 6 | 0 (J u ly ’9 6 . 3
>100 1 0 0 .0 0 0
1 C o m p , s ik s .
D ee. 3 1 ,
[ 0 [ Feb. *97. 31 81 ,4 0 0 F. A A.
3 0 0 ,0 0 0
0
uoo
1 8 9 6 .- 1894. 1895. 1 8 9 6 .(L ast P a id. %
P ar. A m ou n t.
2 0 3 an. *97.10
! 100 1,500,000 6 ,5 5 3,50 0 J . A J. 2 0
3 4 7 ,6 0 6 J . A J.
8 ! 8 [Jan. "07,
In*!!!.'
\ 50 5 0 0 .0 0 0
S
4 7 2 ,5 0 0 J. A J. 10
10 \Jmn. *97. 5
(100 6 0 0 ,0 0 0
1 7 5 .1 0 9 1 0
5
N on e J a n ., *95. 5
1 A m o r ic a n . . .
4 0 0 .0 0 0
50
2 4 3 .6 0 0 ..............
l i b e r t y . . . . 100 5 0 0 ,0 0 0
10
5-8,037 10
10
F eb. '9 7 . 5
25
2 0 0 ,0 0 0
1B roadw ay..
11% Feb. *07. 3
Q .-F .
L in c o ln . . . . 100 3 0 0 .0 0 0
10
tm
,
7
i C ltlreu *’ ___
2 0 300,(XN) 1 0 4 .0 7 7
7 J an . '9 7 . y^s
7
8
Feb. *07. 4
MajQh-attaa ! 5 0 2 ,0 5 0 ,0 0 0 2 ,1 0 3 ,1 0 0 F. A A.
; C om ’ nw T th ,
100 5 0 0 ,0 0 0
tt Jan ., '9 7 , 6
6
2 2 3 ,0 1 6 N on e
10 i j « i . *97. 5
0 6 3 .0 0 0 'J. A J. 1 0
M k tA W t TOO $90 0 ,0 0 0
100 1,0 0 0,00 0 2 .5 6 4 .2 1 9 15-4 15*40 17*70 J an . ■97. 10
1 C o n tin e n ta l.
g
8'
*97. 4
> 2f> 2 ,0 0 0 .0 0 0 2 .0 5 9 .2(g ) J. A J.
15
ia
E a g l e ............
A p r. '9 7 . 7 1,
4 0 3CK)Jgg) 6 8 8 .2 4 6 15
9 J a n , *97. 3
Mmh.. A Tt ' : 2 5 4 0 0 ,0 0 0
2 2 4 ,8 0 0 :3 . A J.
tt
5 9 ,0 8 9
1(g) 2 00 ,00 0
3
6
«
J an . ’ 97. 3
1 E m p ire C ity .
tt J » b . *97. 3
7
Mtareautfte, 100 l ,0 00,000 i i 2 , 0 0 0 f j . A J .
ftk,
11,584
5>-)
tt J an . ■97. 3
! F a r r a g n t ....
50 2 0 0 ,0 0 0
7
7 J a a . *97. 3*e 1 G erm an A m .
t e m e k m i w . ! m 2 ,0 0 0 ,0 0 0 1,010,500|J. A J.
20
100 1 ,000,000 3 ,0 0 7 ,0 6 8 2(»
20 J au . ’ 97. t2»a
1 0 0 3 0 0 ;J . A 3,
«
J an . *97,
0 0 0 ,0 0 0
6
March. E x .. | 5 0
50 !,0 0 0 ,0 0 0 1 ,5 3 2,02 6 10
10
f G e r m a n ia . . ,
10 Jan . ’ 97. 0
0**e, *90. & j G l o b e ............
>,0OO ■S2d»<IO0lJ. A I>, 12
12
100 3«.h
50
2 0 0 ,0 0 0
41,70ft N o n e N o n e N on e Feb. '97. 3
1 0 7 ,8 0 0 ;J . A J. »€«► 5 ob «3 J u l y /9 4 . 3
2 5 0 ,0 0 0
&«
M.L Morris* io o
25
2 8 1 ,6 1 2 10
10
; G r e e n w ic h ..
Jitn,, •97. 5
2 0 0 ,0 0 0
10
Marr rf H ill- ■ 54) 1 0 0 ,0 0 0
wl. to m p L 1896,
|H a m ilt o n .
15
7 7 ,7 4 2
0
6 J a n ., '9 7 . 3
1 5 0 ,0 0 0
6
Mtmiml* . . . . 100 2 0 0 ,0 0 0
7 0 3 0 0 .............
7
i H a n o v e r ___
5 0 1 ,0 0 0,00 0 2 8 9 ,1 3 4 l o
t
Jan ., ’ 97. 4
N ov. *00. 4
M m m u * . . .. i 50 5 0 0 ,0 0 0 2 8 2 ,4 0 0 5L A X.
8
a
■ H om e
10
1C«J 3 ,0 0 0 ,0 0 0 2 .3 4 6 ,2 6 9 10
10 J a n ., ’ 97. 5
241*700
,
He
, 100 2 5 0 ,0 0 0
K in g ,
12
20
150.000
183 .03 4 12
12
Jan ., ’ 97. 6
10 J an . ’9 7. 5
Hew Y o r k .. MOO 2 ,0 0 0 , OOO l.SM iBOit'J. <k J. 10
1 NaimaB___ _
50 2 0 6 ,6 6 6 2 2 7 /2 9 6 ' l o
10 J a n ., •97. 5
10
4 2 6 ,3 0 0 J. A J. 28
H. Y. County 100 2 0 0 ,0 0 0
1.8 J a n . *97. 4
119 ,16 2 N on e
3
100 2 0 0 ,0 0 0
, N ew Y o r k .. ,
6 F o b ., •97. 3
■
.
H. Y. N. K x 100
7 5 .0 (8 ) F. A A.
6
Fob, *97. 2
tt
50
1U J a n ., '9 7 . 5
i N iagara ----5 0 0 .0 0 0
4 7 8 ,1 6 5 l o
10
a j.
tt 3 an, *07. 3
7 5 0 ,0 0 0
H tolfe. . ... ... f i o o
0
25
( N orth E lv e r.
2 0 1 ,8 6 2
6
A pr. '9 7 . 3>a
3 5 0 ,(g)0
6
0
#
1
0
NtnCifeWvt- l o o
2 1 , 4 0 0 J, A J.
10 0 ,0 0 0
J att. *07 '3
P a c iflc ..........
25
f2 'g ,S 4 4 10
10
1(1 J a n ., •97. 5
2 0 0 ,0 0 0
0
0
J a n . *07. 3
H, A m erica. : 70 7 0 0 ,WX) 5 8 2 ,1 0 0 J . A J,
I P eter C oop er
lo
20
1.50,000
1 18 ,58 5 10
10
F e b ., '9 7 . 5
J,
2 9 4 ,2 W J, A 2, 10
OrPstitaJ*. „. i 9 S $ 0 0 ,0 0 0
10 J a n , *97. 5
P h tm lx .........
10
SO l/K K ).oigj 9 2 3 .3 1 6 10
J a n .. >97. 5
10
9
1 0 0 .40 0 Q,—t
8
' 50
122,700
M ay W . 2
| R u t g e r s '..
25
6 8 ,9 3 2 10
8
200JW
10 F o b ., '9 7 , 5
P u k . . . . . . . . 100 2 tO00 ,0 0 0 8«80<3»8OO J, A J. 1 0
10 Jmii, '9 7 . 5
tt
6
i S tu yvesa n t .
25 2 0 0 .0 0 0
2 2 .6 7 2
0 J a m , ’ 97. 3
2 0 0 .< » )
10 J a u , *97. 5
F m p W »* .. ( 25
2 3 8 ,4 0 0 ' J , A J
10
1 U nit’d Stutan
25
6
J a n ., ’ 97. 4
2 5 0 ,0 0 0
1 5 1 .0 5 * ,
«
«
0 5 9 ,1 0 0 ,1 . A J.
i Fbeiiix . . . . .
1,0 0 0,00 0
tt
tt J a n , *07. 3
| W m U thm i’ r ,
10 3 0 0 ,0 0 0
10
10
Fell., ■97. ft
7 0 3 ,38 9 - 10
1 0 5 . 7 0 0 '. „
M ow
F U m *......
100,(100
5 0 3 5 0 ,0 0 0
W’ m sb. C ity
20
20
8 1 1 ,0 1 0 2 0
J a m , '9 7 . 10
■ o o l ,0 0 0 ,0 00
i
858*000 A. A O.
Pro4, E x c h . ’
A p r. *97, 3
0
8
0
J a n . *97. 4
fitffttbiiu .. . 100 1 ,5 0 0,00 0 8-48,4100 2- A J.
’ Over all liabilities. Including re Insurance, capital and sorip.
90.0 00 : Q..~4 ,
#
5
tt A p r, *97. 1%
.100 > 100,000.
tt J » n . ’ 97. 3
■
, . . IOO;
2 8 5 ,1 0 0 :J . A J.
G A S COM P A N IE 8 ,—8 EK A L S O M IS C E L L A N E O U S .
HOO.fMJO 0 7 0 ,7 0 0 J. A J
Second . . . . .
If)
11
J an . ’ 9 7. tt
0 1 ,0 0 0 J, A J.
: Seventh. . . . . 100 3 0 0 ,0 0 0 :
tt J an. *97. 3
tt
D ivid en d* an d In te re s t,
. 1(M ; 1 ,0 0 0,00 0
: >
1 1 5 .4 0 0 J . A J. K ® «#
StMHi A U ttu
J t t ly ’ iML 3
CoKPAWt**.
Par. S ecu rities P eriod .
■s t o t s . . . . . . . to o . 3 0 0 ,0 0 0 ' 3 3 9 .1 0 0 J . A J 12
12
J a n . *97, tt
a b o u t.
’ 95, ’ 9 6.
-D a te . %
1 Btm*i 4ft . . . IOO s o o y i o o
y 2 A * o o t .... . . . . .
M ow
State*
1 1 / 2 0 0 . . . . ___
100
100,000;
S ee » U ‘ > “ y i t « e « l f a t ) e<> u » ’ ’ pa ge*.
tt M r n .'m , 3
State o f N .Y ‘ >ioo\ l ,.200,00(4 5 2 5 ,i « 0 M. A
tt
2 1 1 ,8 0 0 J. A J. IToa^
T h ird ......... 100! 1,000,000
JO lv *90. 2M B ro o k ly n U nion O M l C o .— S ee M iscel laueous.
C en tra l G . L. S to ck .1
OOO.OoO F. A A . 4
5
A u g .1 ,’ 9 0 ,2
j Tradesm en, 40. 7 5 0 ,0 0 0
0 6 ,8 0 0 ’J. il J.. Mourn VftftD J au . *94. 2
Chic. B o o n . Fuel—S t’ k
100 5 ,0 0 0 ,0 0 0 ...............
20<>,f*Oo
1 3 5 ,5 0 0 'J. A J.
( Twe’ f. Ward
tt JUS. ’9 7 . 3
3 * . J a n . 1, 1 018
1st a f M n U . . . . 1.000
2 ,5 0 0 ,0 0 0 J. A J.'
2%
5
i 23d W ard-. t o o
100,000
88,«00>F. A A .
F «b . *97. 2 %
C olututm s,
G o * ,..
Uhl
! ,0 7 2 ,8 0 0 M. A N.
6
M oh. 2 0 ,'0 7 , 3
.
M ow
’ U nion........... ifM> 1,200,f)t)o; 6 7 4 ,0 0 0
S g .'J u ly 1. 1 932
l a t M .v .,r « - L » l 110 1,000 1 ,1 6 2 .0 0 0 J . A d .
2 0 0 ,0 0 0
Union
C on sol. G m ( B a lt .)..! 1 0 0 1 1 ,0 0 0 .0 0 0 J. A I), S
*-| 5 Deo. 1,'’9 6 ,2 %
> 0 . States___ l o o
i3W,CM)0 5 99 .20 O 'd l l jr .
M om J u ly *93, 2
M o rtg a g e .* 5 0 0 A 1,000 3 ,6 0 0 ,0 0 0 .1 . A J. «
6 ( J u l y 1 ,1 9 1 0
W w m i ___ u m . M O GJfOo! 4 5 1 ,0 0 0 . . . . . . . . . N on e N o b # Jan . *91. 3
C heaap O a *. M . . . i , a 1 .0 0 0 ,0 0 0 J, A D. 6
6 J u n e 1 ,1 9 0 0
West Side*. i o o ‘ 2 00 ,00 0 ; 3 2 0 .1 0 0 J A J. 12
12 J a n , *97. 6
C on sol., M m . , g . . ( l ,0001 2 , 18 2
J . A J. 5
5
J u ly 1 ,1 9 3 0
Yotkviiie- -. t o O; 100,00*)
0 9 ,0 0 0 . ..
C on. G » » (N J .I Stic .
100.
7 5 0 .0 0 0 . . . . . . .
la t c o n . * o lil. .c*: 1.000
8 5 0 ,0 0 0 (J . A J.
. 5
J a u . 1 ,1 9 3 6
B r o o k ly n
1
H a rtfo rd C ity U . L t.
83
7 3 0 ,0 0 0 J. A J.
. 8 Jan . 1 /0 7 ,4
5 0 2 ,0 0 0 ,0 0 0 Q,— M.
12
iD d la n a p o il* G m ......
D e c.15, ’ 9 0, 3
B edford * ,. io o . 1*50,000; 1 0 6 ,4 8 2 3 . A J,
8 b a n , *97, 4
8
U t m o r t g a g e — . . 1,0IW 2 .7 5 0 .0 0 0 M. A N.
3920
B roa d w a y*. i o o f 1 0 0 ,00 0
1 09 ,53 1 J . 4 J.
«
J a n . ’9 7 . 4
6
B rooklyn *,, t o o l 3 0 0 .0 0 0
800,000;,...................: ..
1 6 2 .3 9 9 3 . & 3.
8 J an . *97. 3»« M ln n eap . G . L , 8 tk
6
l » t H i o r t ................
B o o .o o o ; ............... . . . . o
1902
C ity ----------- 50} 3 0 0 .0 0 0
6 3 3 ,4 8 4 3. A J. 2 0
20
J a n . *97.10
la t co n ., g o ld . . . . 1,000 2.232.000 M. A 8........ 6
1 9 1 0 -1 93 0
8th W ar.1v.
...................
3 3 .4 0 8
1OO,OO0;
(5Ui A yen nr,- to o l Ifflf/iQfi.
Mo. « (K .C ..M o .)S O t.
1.500.000 ............ ; .... ...
5 0 ,2 8 0 3 . A J
5
4 % J a n .’ O f. 2 V
First........
1st m o r t..
1
I .OO0.O01* J. A J.!
S g. J u ly 1 .1 9 1 5
1<Kh 30s?.iK» i 9 3 0 3 0 0 J , A J. 16
Itt J a n .’ 9 7. 8
F u lton -.. ,
M u n 'l Gam (A lb , N .Y )
100 2 ,0 0 0 ,0 0 0 ; Q .— F.
8
M a y 1,’ 9 7 ,2
40 200y0O0
1 8 1 ,7 8 5 J . A J - 8
Jan. ’9 L 4
8
1st m o rtg a g e , * ____ 1,000
500,0001J A J.
.
6 J u ly 1, 1 90 8
(ie m .n A m toot 1 00 ,00 0
8 .5 1 3
M u tT ti.l,.(N .Y ., stk- 100 3.500.000 J. A J.
9 J a n .1 1 ,'9 7 ,4
Hamilton*. J0O|. 1
5 5 ,1 1 3 3 . .t j .
J u l y ’ 9 6 . 2 >s
8
8
1 8 0 .0 0 0 ...............
King, Co- . 1001 150.000
8 0 ,4 3 5 3 . 4 J
J a n . *07, 2 * . N ew M e m .(T e n m o . L
7
M em p h is G . h, M s . 1,000
Lb&g l* r d - 10O; 4 00,000;
Apr. 1, 1903
2 4 0 .0 0 0 ! A . A O.
7 7 .4 8 0 l « ilQuii d a tio n.
J u ly ’» « . 3
M ,uiiifa.’ r.
1 9 0 ,0 0 0 M, A N.
N ew e on . M , 1 9 9 5 c .........
3o|
1025
3 7 1 ,7 5 3 ;3 . 3c J,
000
Jan . ’9 7. 4
B 1 8 ■
Jan . 15, ’ 9 7. 4
N ew O rleans G . I. ..
l o o 3 .7 5 0 .0 0 0 J. A J. 7<s
KMteakM* < s o l 5O0.O0O 4 5 9 ,7 5 7 3 , 4 J, 12 j 12 > a n . '9 7 . 6
J
V ariou s.
l a t m o r t g a g e ......... 1,090
M eeh.A Tra’ io»
5 1 ,0 0 0 J . A J. 5 I
10 0 ,0 0 0
J an. '0 7 . 5
1 9 2 .8 1 4 J. & J. 10
10
(Nassau.
.. 100! 3 0 0 .0 0 0
R o c h e * t 'r Q m A KI.—
5 8 2 ,9 0 5 3 . 4* J.
12 .J a u , *97. 6
North Side,- lo o t 100,000:- 1 2 3 ,3 8 0 J. A J. 1*2 !
n ’ ne n 'n e .May t ,’ 0 3 ,3
C o m m o n ,................. ....... 2 .1 5 0 .0 0 0
Tan.’ 97. 3
6 .
Peoples ’ *
P re fe r re d ........ .........i l o o
2 .1 5 0 .0 0 0 F. A A . 0
0 Fob. I ,’9 7 , 3
50f
9 9 3 1 8 4 ; ... ... ...
flohrr-m.
• t o o l 100.000
5
N ov. 1. 101.2
1st co n * , m o r t........1,000
2 ,0 0 0 .0 0 0 M. A N, 5
5 0 ,1 2 9 ............ .
O p ’d O c t.’94.
17th Wart* lo o t KMI.0OO
Feb. 2 0 /9 7 , 1
0 . 6
8 L P .(M ln o .)G .L .3 tk
100 1 ,5 0 0,00 0 ! Q .—F.
7 8 ,9 5 3 F. 4 A.
tt : N one A U jt/9 5. 3
1 915
6 5 0 .0 0 0 J
1st c u r r e n c y ............ ......... I
650,090|J.. A J .i . . . . 6
10O> 2 0 0 ,00 0
2 00 3 0 1 3 , 4 3 ,J » n . ’ 97. 3
6
6
1918
l a t c o n s o l ............... ..........:
~
'
6 0 0 ,0 0 0 ;J . A J. . . . . 6
t o o l 1O0.C*OO
5 2 * 5 4 4 3 . 4 Ju
0 -J a n .’ 9 7 . 3
(1
■tfaiou*.... . . 100f 100 ,00 0
1914
2 .4 0 0 .0 0 0 M. A S .......... 5
5 0 .5 9 6 J . 4 J.
4
6
I a n .’ 9 7 . 2
| G en . g o l d . ............. . 1 , 0 0 0
8 y r ’c*se(N .Y ,)G ,8S k
1.7 5 0 .0 00 1 ......................... ..
to o l 100 ,00 0 !
2 9 ,7 9 1 3 . 4 J.
fa n . ’ 9 7 . 2 h ]
5
5
Jan . 1 ,1 9 4 6
1st. roort. g ...........r.' 1,000 l.rtOO.OOO J. A J . . . . 5
’ Misrcti
.
1H97, fo r
In
m 4 Mi
1 0 ,1 8 ^ 7 , f o r m & te K&nM,
F ob. I ,’1)7,3 >
a
W ash’ ll H>. <'.) G. h..
20 2 ,6 0 0 ,0 0 0 ; Q.— F. (10 TO
nBere«p-d from
B H o r ., 1*496.
3 0 0 .0 0 0 J . A J . 6
6
J ’ no 3 0 /0 2 -2 7
R e g ,, 6 , s e rie s A , g V nr’ s
j
from. |2,6oo(o6( o n JiM iaary 8.
3 0 0 .0 0 0 J. A J. 6
6
D e o .3 1 ,0 4 -2 9
R eg., 6. s eries B, a Vnr'n
* *
t tm n « .0 3 0 ,0 0 0 In O c t., 1 99 3 , a n d 2 p e r ce n t e x <tirlaeissi pal#! in ia rt., i j : ■8. on account thereof. (See V. 61, p.660.1
’ Thla oolamn shows last d lvtien d on thick., and m aturity o f bon it.

00 ,0 0
00

100 200 ,0 0
00

213

1

01
1:1

200000

4

3

1

1

*1

10
0

.0 0
0
100

,0 0
0

INVESTORS’

156
MONTHLY
Jan.

Feb.

GROSS
M arch.

.

f
I
t
A la. t il. S ou th ern — j
119,000
127.000 109,000
lt»H....................(*in m.).
118,104
108,011
132.580
IP96....................(310 m.).
120.490
103,780
121,845
I***.................... (810 m.).
18W
7....................(310 m.) i 135,174 187.416 M18.474
A l. T o p . Sc S. Fe S y« O
IH <1.. (0,710 to MSI m
IM
-> 8,234,930 2,012.810 2.3^ ,930
1806
.... (0.431 m.). 8,234,942 2,008.703 2.320,547
1300..
..(0,481 to 0,4832,484,004 2.208.05 i |2,274,103
m.).
.........
2.237,139 2,102,900
1807
.................... . (0,4 i5 m.) -|
B a ltim o re Sc O h io —
1804..
..(9,05.1 to 2 M 1,541,109 1,397.907 1.705,541
,< *4 m.).
1866..
. . (3,006 to 2,01*51.098.435 1,490.5(0 1,815.300
m.).
lfivrt.................(2 095 m.). i 1.817,932 1.531.005 1,910.208
1897..................(8,1)95 m.). 1,950.841 1,777,308 2,100,407
Bnli.dk O h io S o u t h w .537,085
495,220
ISUi (......„(Wi7 to h m.) I 495.700
81
630.239
501.775 483,0(1
1996f...................(921 m.).
535.973
409.810 481.427
189«/......
(»<1 m.).
472,492 454,005 •517,900
1997/................... (921 m.).
Bull. R o d * . dk P itia b .—
223,771
218.714 200,391
18w4.................... (334 m.).
265.004
181.731
230.20**
1895.................... (3.14 m.).
231,107
219,262
255.914
1890.................... (344 m.).
*244,410
250.438 236.731
1897...................(334 m.).
B url. Ced. R . «fc No.—
293,924 333.257
302.101
1-94................. (1.134 m.).
278,239 310.747
279.711
1895................. (1,134 m.).
351.238 405.418
892.700
1890................. (1,134 m.).
2u9,10'“ 310,801 325,833
1897................. (1.134 m.).
C anudinn P ncific—
1,154,252 1,382,119
1894..
. . (8.290 to 8,3271,390.755
m.).
002,032 1,103.259
1895..
..(*.327 to 6.3911,171,031
m.).
1898..
..(6,391 to 0,470 1,474.791 1,825,256 1,503,003
m.).
1,312,924 1,272,094 •1,509,000
1897.................(0,470 ffi.).
Gem . oi New J e r s e y —
894,113 704,001 895.258
1894'j.................. (628 m.).
852.433 793,735 1,039,818
1895g...................(628 m.).
934,049
1SH
0.;...................1028 m.). 1,009,507 821,550
856,210 848,939
18973.................. (628 m.).
Che*npenUe dk O h io —
740,719
750.070 060.377
1894a..(1,278 to 1,30 >m.).
809,153
040,048
781.105
1895a............... (1,300 m.).
781,509 812,700
910.124
1896a............... (1,300 m.).
775.707 >1,035,880
9(8.249
1897a............... (1,300 m.).
Chic. B u rl. Sc Q uincy—
2.777.130 2,548,203 2.850.989
189474..
(7,129 to 7.293 m.>.
189571.. (7.293 to 7,332 m.). 2,374.831 2,190,008 2.517,236
18967*..(7,332 to 7,359 m.). 2.693.605 2.568,41C 2,742,142
18977*...............(7,359 m.). 2,073,028 2,709,402
C h ic, dk E ast. Illiuot**—
282.221
304,183 280,617
1894
....... (515 m.).
289,420
1895
(515 to 521m.). 833,967 284.710
361.422 313.140 342.108
1890...(521 to 545 m.).
1897.................... (545 m.). *3o8,378 *332.821 *327,003
C h ica g o G t. W e s t.—
337,857
250.093 290,107
1094....................(922 m.)
284,579
247,203
247.410
1895........... ....(0(2m.).
358.153 390,357 450,941
1890.......... (922 to 928 m.).
*317,028 *391,030 *427,553
1597.................... .928 m.)
Chic. MU w . dk St. P . I894e...(0.080 to 6.148 m.). 2,154,823 2,100,780 2,515,790
1895c...(0.148 to 0,10-8 m.). 1,894,379 1,927.522 2,250,237
1890e...(0,108 to 0.151 m.). 2,329.022 2,305.080 4.749,354
1897c................ (0.151 m.). 2.010,449 2,119,739 2.330,320
Chic, dk N orthw est’ n—
18946................(5.031 m.). 2,109,315 2,182,012 2,428,903
18956............... (5.031 m.). 1,934.500 1,802,018 2,208,707
13906................(5,081 m.). 2.447,309 2,384.172 2,010.744
18976................<5.081 m.>. 2,000,136 2,200,831
C hic. R . I bI. dk P ac.
1894
.... (3,571 m.). 1,430.788 1,418,877 1,025,154
1895
.... (3,571 m.). 1,223,220 1,185,441 1,330,873
1890/c................(3,571 m.). 1,375.32* 1.203,360 1,410,917
C hic. St. P. M. dk O .—
189-4 .. .............(1,492 m.).
1895... ........... (1,492 m.).
189*... .............(1,492 m.).
1897... .............(1.492 m.).
CIn. N. O. d k T e x . P . 1894...
1895...
1890... ............... (330 m.).
1897 ..
Cl. C1m C hic, dk S t. L .—
1894... ............(1,850 m.).
1895....
1890... (1,850 to 1,831m.).
1897.... ............ (1.838 m.).
C o lo r a d o M id la n d —
1894...
1895...
1890...
1897...
1 ol. H o c k . V. dk T o l.—
1894... ................(329 m.).
1895...
189*... ... .(329 to 340 m.).
1897 .. ... ........ (340 m.).
Den v. dk R io G ran de—
1894 ..
1895... ............(1,057 m.).
1800... .......... ( 1.000 m.).
1807..
E rie—
1805i.. .............(2,1«5 m.).
18904.. ............ »2.105 m.).
18971..
Flint dk Pore M ara,—
1894... ............... (039 m.).
1895... ............... (630 m.).
1890... ....(039 to 054 m.).
1807... .............. (054 m.) .
G t. N orth’ ll System —
1894*.. (-4,037 to 4.049 m.).
1895*.
....(4,049 m.).
1806*.. .............(4,019 m.).
1897* ...............(4.040 m.).
Illinois C en tra l.—
18941.. .............(3.127 m.).
1895+.. ............ uS.127 m.).
1800+.. .......... (8,127 m.).
1807+..
I ow n C entral—
1894...
18*5... .............. (497 m.).
1896... ... (497 to 600 m.).
1807...
L a k e E rie Sc YVeat’ n—
1804.. ............... (725 m.).
1895... ............... (725 m.).
............... (725 m.).
1897. ............... (725 m.).
L ouinville Sc NiibIi v .—
1804... ..... ..(2,955 m.).
(895... (2,955 to 2,9+<J m,).
180d... (2,900 to 2,974 m.j.
wo?... ....■....(2,974 m.).
L ao lav N. A . dk C o le .—
1805 ..
(537 m.)

EARNINGS
M a r.

A p ril.

$
95,000
110.404
111,214

100,000
113,004
102,742

SUPPLEMENT.
OP
Ju n e.
6
103,000
115,099
112,420

PR IN C IPAL
J u ly .
1
100,000
120,807
124,079

A ug.
S
119.000
130,004
123,440

[V o u L X IY ,
R AILR OAD S.
Sept.
t
124,000
142,783
136,020

Oct.
f
150,003
176,638
155,81 *

Nov.
S
170,896
190,433
154,280

D ec.

T ota l.

$
172.301
179,378
164,799

»
1.495.200
1,051.23S
1,531,540

2.393,770 2,375.029 2,085,188 1,006,732 2,441,420 2,411,454 3,154,318 2,980,059 2,617,231 28.724,489
2,330,391 2.401.010 2,088,113 2,009,400 2,374.892 2,358.21'' 3.030.182 2,804,043 2.797,390 28,893,499
2,203,270 2.209.010 2,148.774 2,153.541 2,491,941 2,705,718 3,053,052 2,931,904 2,852,010 29.777,390
1,030,928 1.010.079 1,730,587 1,820,246 2.197,467 2,085,410 2,155,410 1.940,281 1.874.876 21.701,907
1.737.302 1,899.70-4 2,090,019 1,940,-03 2,244,492 2,132,500 2,270,343 2.083.830 2,061,040 23.470.503
1.064,139 2,000,386 2,189,801 2,188.295 2,298,357 2,292,931 2,372,746 2,183,210 2.177,804 24,935,970
603.206

486,931

453,801
482,019
404,906

455.662
489,019
548,533

490.508
519,221
*491.138

002.080
592,240
*32o,l59

587,010
018,570
*515.339

504,104
019,779
500,492

528,714
555,274
495,020

510,798
545.108
540,291

0.232,503
0.418,000
6,147,032

210,291
240,775
282,309

94.887
231,502
209,140

119,851
201,934
285,950

271,151
291,719
313,327

290,174
275,015
290,905

280,099
267,485
284,114

284,774
237,087
343,340

204,614
300,519
301,893

253,511
204,000
255,385

2.733.211
3.053.142
3,337. 80

272,628
274,722
295,408

286,659
202,4.0
310,057

273,083
29..138
351,857

223,803
292,857
310,184

319,955
395,547
347,748

304,505
491,834
418,651

409.997
639,214
536,000

345,105
501,603
333,727

323.094
444,185
382,439

3,748,f*31
4.504.333
4,450,033

409.209

1,301,471 1,450,489 1,458,081 1,517,609 1,055,552 1,770,053 2,190,988 1,919.358 1.554,859 18.752.108
1
1,245.621 1,441.423 1,512,802 1,543,544 1,075,30- 1,120,398 2,291.857 2,129,025 1,924,010 18,941.036
1,455,900 1,724,809 1,007,231 1,803,575 1,887,485 1,820,680 2,121,050 1,904,034 1,925,871 2 >,681.598
912.383 1.009,446 1,219,425 1,120,903 1,155,847 1,027,00? 1,097.839 1,051,590
1,019,401 1,083,905 1.132,0i9 1,127,831 1,277,399 1,181,218 1,257.871 1,279,684
947,807 938,383 1,041,237 1,199,350 1,103,190 1,116,782 1,263,807 1,148,021
571,800
833,811
837,975

698,321
778,512
8*0,145

809,452
780,041
840,054

935,389
800,747
00-2,253

789,304
831,510
809,855

870,882
900,915
892,510

12,659,941
1:1.568,023
13,117,350

790,901
800,247 9,127,000
889,637
929,017 9.798,324
875,035 1,018.819 10,375,193

2,055.695 2,490,199 2,559,441 3,108,441 3,055,535 3,323,512 2.741,554 2.595,847 33.343.185
2,011,858 2,495,842 2,051,700 3,232,147 3,309,529 3,009,156 3,204,987 2.921,800 33,058,269
2,4x1,019 2,724,570 2,753,351 3,114.200 3,164,549 3,773,809 2,823,309 2,955,052 34,170.454
105,628
259,004
203,003

179,494
283,533
277,285

218,094
312,570
309,231

375,013
339,008
290,545

301,817
335,183
315,148

354,093
405,725
300,303

3-16,371
378,994
331,483

335,097
305,457
389,006

3.424.340
3,873,788
3,884,735

272,278
295,987
344,154

284,901

254,92e
315,808
382,801

223,157
333,45/
334,007

370.427
408,935
414,855

360,629
425,649
438,181

391,386
477,242
471,575

324,848
391,745
319,818

281,350
380,248
415,420

3,658.013
4,089,572
4,080,489

2,259,714 2,383,942 1.779.220 2,493,078 2,809,375 2,990.874 2,519,014 2.203,524 28.473,380
2,144,093 2,203,805 2,389,241 2,002,985 3,o82,29l 3,851,863 3,410,689 2,704,65.1 30,608,001
2,257,920 2,004,039 2.040.220 2,524,360 2,878,178 3.480,11 L 2,788,520 3,570,877 31,352,383
2,508,315 2,440,044 2,208,108 2,750,558 2,743,001 2,905,333 2,438,703 2,040.840 29.059,547
2,401,433 2,485.581 2,043,541 3,070,528 3,251,430 3.774,590 3,087,308 2,614,780 31,501,399
2,071,900 2,932,231 2,855,233 2,750,713 2,043.064 3,309,707 2,478,834 2,385,178 32,115.897
1 1,458,173 1,403,170 1,199,535 1,751,424 1,760,128 1,773,835 1,500,135 1,399,050 18.162,102
1,200,092 1,250,531 1,308,707 1,056,231 1,601.441 1,90\740 1,521,771 1,511,288 17,629,583
kl,2(J1,242 /cl,220,402 ’d ,280,550 /cl.407,954 /Cl,403,068 /cl,071,956 /cl,201,630 /cl,237,136 15,915,200

593,005
464,027
012.7*7
537,923

550,958
443,585
511,812
523,030

014,035
523,378
584,080

661,973
518,983
590,971

010,200
477,831
t3u,405

408,040
538,110
598,377

012,503
701,003
079,632

703,487
806,700
841,196 1,044,093
802,570 1,117,202

690,697
S31,525
751,404

534.088
059,124
659,953

7.297,619
7.5O-.704
8,156,192

297,000
270,208
270,502
203.232

280,000
239,847
200.055
261,514

318,000
288,330
280.920
290,703

247,000
295,873
284,45s

251.000
203,000
290,690
321,940
278.1 32 278,744

292,000
320,191
205,500

296,000
340,600
284,551

319,000
347,75u
280,24ft

298.000
347,916
304,082

3.447,000
3,717,900
3,371.650

940.212
1,053,014
1.1O2.20C
1,050,721

921,562 1,216,078 1,205,077 1,290,260 1,202,729 1,194,574 12.948,140
1,020,084 1,021,060
1,181,538 1,1^1,743 1,102,134 1,292,294 1,238,528 1,327,485 1,202,031 1,159,424 13.976.705
1,051,570 1, L70,9o2 1,008,155 l,12u,b0O 1,123,250 1,152,702 1,019,84* 1,204,449 13,011,463

876,393
970,931 1.102.301
970,748 990.302
985,400

130,970
111,99)
140,407
127,549

109,233
111,020
14U.047
122,032

136,429
121,201
157,507
*137,098

180,589
204,002
205.320
*178.097

171,199
1*1,290

210,810

*157,744

219,920
173,219
208.566
*188,920

530,008
531,515
509,500
485,105

482.146
493,152
514.483
435,053

480,468
481,787
550,805
*514,000

2,094,120 1.970,215 2,474,295
2,344,077 2.148,80/ 2,460,825
2,222,020 2,175,542
177,138
175,041
229,133
202,403

208.812
168,000
222.899
*214,403

253,758
235,257
240,042
*246,820

837,127
837,821
948,821
101,03.3 880,578 1,136,532
1.112.481 1,140.119 1,385,400
1,031,415 1,021,727 1,253,307
1,603,332 1,540,031 1,007.323
1,717,707 1,523,910 1.094,298
1,920,021 1,755.278 1,724,830
1,909,ftU 1,709,24-1 41,720,101
5

337,000
350,880
308,142

!

212.01

..........
149,403
170,320

i*37,07*2
150,352

128,445
142,4.9
137,003

140,757
101,429
138.560

164,402
144,055

150,946
183,410
154,793

131,854
103,128
159,313

103,113
125,817
188,163

199,755
180,1
00
198,09J

220,540
238,149
•2U0.270

331,468
259,202
*198,588

277,819
287,024
227,345

308,822
3u5,409
*158,252

228,414
284,758
*253.951

557,011
570,805
591,093

501,808
579,573
656,147

438,801
043,689
022,437

044,808
008,570
024,458

653,039
601,093
023,020

720,753
779,059
732,225

052,113
706,054
009,750

130,784
144,909
141,173

1.746.011
1,324,037

209,152 2.088.700
245.895 2.070,421
*205,931 C2,480,924
591,961
022,702
£67,6o5

0.700,109
7.291,569
7,238,379

I
2,512,225 2.450,4 L 2,629,702 2.840.4SO 2,775,428 3,106,403 2,938,976 2,518.728 30,684.123
2,591,690 2,018,091 2,635,533 2,087.000 2,709,490 3,098,295 2,874,327 2,5S5,01i 31,154,202
187,781
209,131
205,017

180,158
198,207
210,203

180.505
211,451
204,721

206,522
22i,24l
204,754

201,012
208,414
208,391

210,903
238,405
219,428

192,271
203,554
188,225

191,079
209,19?
231,009

2,392.720
2.505.699
2,594,019

982,837 1,361,550 1,303,319 1.076,602 2,147,907 1,963,364 1,398,052 15.107,051
1,043,443
1,231,301 1,345,520 1,421,410 1,430.209 2,093,858 2,519,004 2,315,806 1,813.234 18,129,385
1,430,078 1,001,821 1,700,711 1,710,297 2,170,200 2,482,218 2,016,299 1,577,391 19,632,093
1,504,439 1,417,830 1,334,233 1,708,058 1,709,905 1,978,923 1,962.871 1,800,220 19,885,
1,757,001 1.00. >,450 1,004,051 1,756,740 1,845,80 2,187,442 2,157,389 2,200,152
115
1,04),454 1.000.
1,040,594 1,055,001 1,915,335 2,253,027 1,873,455 2,104,006 ai.8S8.uS4

149,950
llw,582
107,472
114,328

151,051
121,815
107.331
129,148

150,125
124,658
172,(70
*132,502

125,427
128,040
127,283

105,142
122,843
133,345

120,747
122,302
120,951

146,509
14-2,889
129,018

139,152
159,420
144,154

158,807
198,910
103,981

146,403
103.415
125,233

139,007
100,200
131,344

1,007,371
1,079,702
1,713,114

234,001
209,281:
302,117
252,001

237.C47
201.512
201.8H
208,017

208,825
294,572
274.924
•209,014

259,547
290,097
283,783

258,508
208,526
290.978

275,942
280,987
270,o53

353,738
320,485
272,203

310,730
292,359
275,202

297.037
331,804
290,842

292,011
307,157
243,046

306,190
310,72f
287,020

3,345,404
3,519.104
3,344,273

1.654,010
1,002,102
1,081,537
1,002,510

1,481.127
1,304,040
1.010.570
1,507.823

1,058,489
1,009,109
1.580,930
*1,081,735

216.499
233.419

201,857
219.901

251,780
265.412

1,481,460 1,544,609 1,428,903 1,092,007 1,088,090 1,865.190 1,795,020 1,716,404 19,405,293
1,533,304 1,547,317 1,082,943 1,7-27,160 1,093,934 1,979,599 1,878,590 1,757.856 19,809,198
1,002,014 1,048,387 1,0^7,001 1,050,788 1,755.390 1,903,049 1,741,812 1,854,971 20,203,040 !

204.9'
235,523
282,580 289,158
314,100
250.036 3.223.011
317,950 273.576
304,518
200,8 U
283,184 *247,32) *239,140
A l^ »A e rre Halite SS? all
f¥
oranohes, N‘, *1 ^iL & 0 - aud O^lc. & Erie.
c
t Tnese figures include the earnings of the St. Louls
c Ln bracing correcUonsf foundnecessarv
S it
lQClud®d I 0' al1 the years, o Includes Milwaukee Lane Shore & Western for ail the years,
later yearH
e Includes
«hatl ***?? Published.
a * igures for 1804 are on a somewhat different basis from those for the
Ixmg Branch D.vuSon
a Iu?^nd«■ * 2
l.Ple Jearsu / Includes Ohio & Mississippi for all tne years.
g Figures do not include New fork &
formerly reported separately
d08fc W«
o w ned or controlled, not excepting tne Chicago Burlington & Nortnem, wnl h latter was
generally fail very much snort or the actual totals.
8arall?
,?91
iau very muon snort of tne actifftVrofa?«Ua I These figures include a 1 moat,hs precediug April. 1896: after that simply the monthly estimates which
tne earnings of the New ¥ork & Long Branch Division.

157

RAILROAD EARNINGS.

A p r i l , 1897. j

MONTHLY GROSS EARNINGS OF PRINCIPAL RAILROADS—(Concluded).
Jan.

Feb.

M arch . ; A p ril.

M ay.

J a n e.

J u ly .

A ug.

.

S
$
$
1
i
4
«
M exican C en tra l—
S 090,280 784,301
359.188
717J3U
035,811
651,507
892,740
to 1.860 caj.
708.564
J 7-0.59)
793,043
734,738 770.U5
70-2,718 731.301
1896<................0,800 ax.).
82
2 2412 778.824
858,010 831.030
0 831,038 795,009 738,901
1396*................(1.860 « J .
..........
1897*.....
(1.360 m,}. 1,073,902 1,007,223
■tin neap. A St. L o n U 125.223
112,331 109,416
125,141
123,463
125.702
140,940
i*W ... ... ......(370 ax.).
4
112.230
152,(00
194.SU
157,720
143,037
112.142
153,505
1305
______________________ ......(370 aw.
1 4 5 .0 7 '
148/376
183,040
157,037 170,113
142,970
159.588
1866------(370 to S38 a u .
.........
135.189
127.477
1807 ... ... ..... .(S*4ax.).
M o. K.an*a» Sc T e x a s 781,900 689.531
840.049
011.058 746,891
719,648 831.670
1894.. ..(1,721 to 3.033 ca.).
901.351
559.030 750,371 801.311
701,120
1305.. ..(4.0*3 to 8.0d0 «->.! 953,60?; 797,157
1.018.869' 916.094
886,710 731,452
757.400 807,003 983.530
1806. ..(2,060 to 2.107 m.).!
059,552 877,712 784,64;
1307*............. .(8.197 nw.
Mo- P a c. ifc Iron tit — i
1,860.36
1.814,030 1,309.096 1,502.330 1.497331 1.965,227
C
860.13'*)m.).
1304..
.......................(5,375
1.813.493 1.09LO71 1.091.301 1,741,45-) 3.0Y7.9o7
13W5-. .(5.378 to 5.JI4 o u . 1.707.141 1,603.50?
i
1806..
. .........(5,3*4 1380,574 1.792.253 1.769,8L 1,728,30( 1,083,490 1,731,453 1,801.855 1,991,723
tn.).
MO
1807 ................ (5,324 m.). ca (8,000 l/U .O O
M obile Sc O h io 233.32)
) 351,9X8 200,012
2(5,071
2-9,085
m a ti 258,737
1304............. .....(087 oaj.
388,4 H
255,030
2(5,2 >
7 250,812
291.670
270.698' 341.003
) 273.461 315,029
999.9£> 2692m
258,330 208.259 279.138
322.707j 331,526
.... ..........
) ..........
M atbr. C h a it.& St. ! j. )
301.998
3-57,511!
411,775
353.610
392.052
350,384 360.674
1304.1..
....(385 to 902 oa.;.
401,801
387,189
3(2,570
375,500
303/30) 340.S32
388.000
lW6a.............. ...(008 nui
ti
4*J.W 419.316 404.94? 373,030 393,859 385.137 418,008 4ul,o2o
1806a......(002 to 905 ax.>.
420.962
413,051
1387a.................(005 m.).
n ..........
M. Y . C. < H a d. K .lv .1?
■ 3^72.785 3.304.803 3,337.990 3,158,003 3,891.408
1304.. ..<3334 to #3vM tn.i. 3,171,097 3,009*9*
) 3,450.229 3.008.04’) 3.408,373 3,515,49' 1,081.745
1306
<2^06 CO 3.150.709 2.966,669
.).
3,477,96? 3.206,641
3.4U348 3, iOi.00.) 3,735,137 3,185.483 3,815,919
1806..
... ...
1867..
. ..<3,1*5 ax.;. 3.133/91> 8391.400 *
N. V. (Jot. *1: West* a —
} 251,285
378.871
379/863
309,781
343.431
297.1*0 9BjB6*
1804...................(477 aa.>.
370.9(A)
270,725 228.602’
28J.563
203,930
30UV93 351.4(4
. .... .. 477 O L
E ).
273.360
2f33> JO
\ 991,121
303/8 77 390.432
399,928
313,7/1
1306.................... {477 tn.).
*50.860
255.2-41
1807................... (4ol m >.
N. Y. Haeq* Sc W e a t .J 187.220
150.999
178.050
137337' 1*0.70?'
160,128
1804/.................. <225 ®.>.
190,408
800357
157.064
194,478
171,1*3
130,107
V m f ............... (225 m .) .
171A*.
i
170,01/
180.12f
19?,76*
182.0*14
17S.495
l»4,l«S;
1896/...................(2t5 m.)
1807- - .........
225 tauj. /180.473 /UJ/fc>l
N orfolk Sc W c ix e r n 7(8.298
843.071
65 W 4
9 ia a u
959,030
788,154
l-»4.......... ..'.<t/*57 m.>.
932308
763349
824.109 6*0.645
614,790
047.011
8-84,0*4
603.17*
1805— (1,567 to 1.579 m. (V
975.343 S 7.90A
08x077
94%195 940.130 945,111
186*5................0,570 on.)
88i,7/*
..........
882,070 750.404
1807..
..... .... ..{1.570 ax.).
Northern C entral—
441.078
(93,411
499.916
506,724
sft*
437.070! aa&
428,463
1804......
<377 nU.
4903*0
510.101
643,9)2
5*X 08
6.7
578,07/
Uvx»
1804..........
(377 m.)514,341
1806.........
(377 m-i.
5U3>? 442.775 514.95 j 1SWA19 490,303 441A 'l 493,103 518/J90
525^66; 546,841
1807.. -................(377 ax,} .
Northern Pacific 1,117/587 1,197.470 1.550,014
997.8*5 915.647
705,514 1.771,005
1304; ............... (4.367 m.).
SA^.505
l,8G/,7Xi i 321.29) 1.27A35? 1,495375 1.779JJJ6
1805;................ ( 4 » 7 a u . 1.017.81;
1/284,491 1,321>J1 1,032.575 •1.01M48 *1.?U,908
1806;..., ...... .(4,467 m.i- 1J64M. 1406.061
965^4? 1.0/0405'•
1807*-............. (4,367 m-j.
Peouayivaoltt—
(Ail line* ea«t of P. A K
->
1304^.(2,657 to 2.716 ax.) . 4.159^20 4,003320
4.784,010 1.247.308 4.I0A2H 4.759.325 6,739.065
b.2b«6.u * 5.l3i^yv7 4,988,290 6, (ii.jo i 0.(X83-94t
SftA*...UL?16 to 0.7/3 cii-1 . 4.678.27 i 4-ll9.au
L****......
(2.7*4 m.). 4,995.771 4348.054
5.13 C2;2 5,173,067 5.105,599 6,255,590 5.320,701
18071..
. . . .(2,72101.).; 4.765.671 4.456,254
P hlia. Sc trending ..........
1.475,AW 1,043,2*0 1.997.W 1.779,014 1.783,000
1804.. . . . . ........1.26.4 m.). 1.3(44395 1,279317
1,619,031 1.722,12? 1,724.730 1/91A*60 1,906.417
1906............... ..(1,264 80.). I3844,*l7 l,44*r-U2
IMUSm 1.087.570 1.734,940 t. 720,003 1.755,7(M
<1,203 ax.? 1,787.116 13503»-«,
1806 .....
13^S«1 1.473.5/i
1807..
..... . . . i u a a ax.).
Coal Sc Iron C o .—
1.4*4,055 9.160j837 9.318A81 M i f f l/jse^se
1804..
,-... .... . . . . . . 1,584.382 1.480,069
1/I7-(.155 1,772/) M C473..52/ 1.905,000 1/440,1***
1806,. . . . . . . . . . ............... 1394.95* L97j.2*n
S65.45I 1,50*3*1
1.103/101 1,952,901 2,9)7.340 2,*X28,#J(5 1^31^22
1906............. ............... C
1,604,966 1310.195
1807.. .................... .
T ota l both € « . ’ ♦ U *)U H 3.765,007 LSt«)Bl 3.(18,819 837A052
fc*4.......................... 1378.077 1,750.6881
3,923, tm 3>«M04 S3 JO *53 3,719,750 3.800.55?
.
ia » „ ....................... 3.461.285 3,420,*^8
2.9V>,|71 3A4X4II
3,748/10) S.548,931
3.6*0,367; 1.85 *.6 *71
1607,.............................. 3338,493* JM 3.522
W
Flttubar* Sc W r i t 'a 159
168,499; 17>.082
128.45?
202.794
167.490
lW0/»i
18**......
(865 m.>.
.4)1.141
104392!
16e.68d
*43,006
259.450
1895..
..... ........ <365 at. »,
m ?
136 77d
*'•*.- •3
1896 ..................(IKS an.J.
•*52.14-5 •478,0*2 ♦aOL^M •/86.66c *439.303
t67. ......... .(.365 3i161.707; 175,49/
R io G ran d e W e e t’ a —
190,02?
177.1JO 148.049
141370 j 130,73o!
ln94......
160.460’ M M
g >
q .
#10,077
lati f
i
145.75-5
1 191,0?3
209,050
13*5............. ...-(530 m-K
2 *8,07(
2/7^9*
lnM,«4*
liM
i............... (5*;m »
218^23
209,129 29JA43 2M.//H
u M n Ul.OlO; 181,13
1007... ...... -..,(5 0 0 no.).
175,795j 157.6;*
St. I,. Sc «t. Kr. M- 446.648 440,4(1
461,7371 437373
450 314 402/501
...............C U »B L ).!
M fiMi
IM p *
4A 2tG
C
4 3,348
487,7 1
2 if W fi
M7.64*
52* pil?
454.3(2
*11.421
515.014
(H C3
WS6
18 8 6 .1 3 *3 to 1.182 m-).
§& p9
629,037
^1607............
<1,1*2 a.).; 413349 47lJU«t
» t . Coni* 8«a< i> w p «t.345.194
295.705! 280.067
275.7W71 3 ‘0 .2 »
»5 3 W - mi-80i »tum
-506.6^4 331.290 381.9X8
454.46If »1.611
851,702| 3AA990
aA*.45j
3l‘X463 341,014! *32 * A » •A34.2J0
HON 419.119
1306------- .... l,*Men >
.
WW.... ... (IJtti m.) *398300! •367.7UO;
»*. t'aal dc 10n in th—
69.052
140.0*3! 127/H9' UI.BU
95.011
00.150 BijR
14\745
gg* .
.(948 a d .
99,101
121.9 *1
117.742
ynjxil
P - - ....................... <245m.j. « , W
130,680
154410
UM ... .................... <344a u . 1 6333
10*3
1
•94>J4 •108,230; •126,49a *131,401 *.3/,(U(0
*87057)
•90,683
-Jw?.......... -.- .m * * .),
aeathern »'»clflc C * . i® 4 ,...<63*4 to 6,661 a .) . M00.TW 9300373 3360312 3.727.M7 3,021/&* 3300/413! m i w
4.134/37)
1|05...,<6.654 to 4,706 m.• 8566.018; 39244.787 , 3 76l,<W3 3,021,262 3 '11.3(0, 34109JOI 3.760.(08 A 138.; 38
.
|3.15LOin 3,32M3x! 3.3|
8.644,974 3.451.4 v
-t
3,575,45? j 3.00)).5#)
8394.103j 3,138.350 .
.......
.... . . . .

Sept.

Oct.
?
768,744
930,100
9J8.32d

Dec.
T o ta l.
S
S
t
750.447 8.430.023
632,950
806.64c
901,594 9.495,803
807,627 1,015,920 10,208,016

134,135
191,370
207,53?

233,205
245,797
227,193

172.475
193.196
170,194

615,4 -> •5/2.912; •4003
8;
U637J 101085;
137,95?! 141319
140.414
14 4.451
145,044;

13A4/3
117.471

rrlXUra" i v - 3 1
(Talon Po.nlB* - 1 7
l»il>. .(S.2U So 5.157 m.) J 8372.6*1 83X1.051
1,316.977 1*4*4,736
1S93* .. i5J* i to 5^!-1 <a.
<MT» to K‘ H at.) 1384,601 iOfKO??.
V
1.6*2,621 13503*7!
w v j» ,h -......«*"■->•
g s ............- M b .).
S S — ... - . . ( W o . i „
» R ..
..........
i»n
uq^m,).

im ?
iWMwl
9*15.007,

:

-863,485 1,007A tH
44-5IW 1315.4*8
038.27. 1.003-184
664/500 946. *3)

HUH
159.;*07

70,0731 107,68 j|
0\7»5I 144.^86!
127.7. *
6 147/Jil;

109,888
17;.W4:
107,4 W

232.170
180.195
130/ill

135.465
149,449
104,424

1.777,301
1,004,573
1,991,427

1,026,632 1,417.903 1.833,651 1.003,757 10,503.590
1.05-5,364 1.242,492 957,053 933,374 ll.0rt0.I37
1^01,301 1,213,60) 1,090,940 l,U ltQ
d0 11,740,242
1,938,843 2.378,927 2,16 (.887 1,900,926 22.533,033
2,0(0,333 2,497,253
•2,120,483 23,894,470
1,977,4Jl 2.215.167 1,900,109 2.U5.528 32,793,909
248.208
271,937
315.898

317,990
301,033
435,269

333.014
372.964
354,630

•368,281

3.200.990
3,498,303
3,710,009

377.313
4#9,550
435,02/

435.99?
470,814
473,641

409,318
491.701
403,768

415.916
450,291
433/199

4.033.910
4,871,883
5,004,913

330,882

3.788,351 33^,230 3,837,093 3.044.990 41.797.493
3,973.263 4,133.301 4,201/746 4,020,8(7 44.33S.S89
3.968,492 (, 148.073 3,804,318 3,63s, Id? 44.075,020
308,518
308,5?7
338.976

358.766
36*/8l0
374,974

316,383
349,375
337,790

203.830
298,211
278.715

3,737,118
3,720,183
3,853,813

156,340
183,085
214.103

210/219
22 3,771
282.075

196.005
200,009
210.051

193.574
19 >.097
203.815

1,982,984
2.264,018
2,871,567

*27,658
83-.00I
864.040

967.57)3
971.505
902.215

918.271
953,10»
903,739

871.671 10.340,451
800,253 9.00i,Os7
904,021 11,081,807

MP/vn?
586,380
5U..U?

015,791
6S5.350
053.25,*

544,310
504,838
551.8x7

517.784
539.104
«.»,12>

0.031.201
6,500.029
6,280,008

2,908.421 2,4J^).l3l 1,850,71)3 1.315.780 10.73l.82i
3,312.4 45 2.701.9x5 2,198 024 1,191.399 19.038,047
1,833,17. 9.408.035 1,082.395 1,455,140 18,0;5.774
5,498.081 5.819.998 5,405.857 5.153.789 5S.704.2S3
5.786,639 0.203.27? 5,877,02 4 5.039.604 01,027,170
5.170.33a 0,590,873 5/140.434 5.192.304 02.096.570
1,785.151
1,931^62
i,80l/j5*
..........
l;793.014
2,3(6^01
2.171,441

2.0)1,792 1.0 ’•i.')?- 1.551,928 20.144,191
2,974/261 2,017,687 1,0*3.257 81.581,904
1.777.445
2.0
9,485,087 2,224,334 1.508.255 21.545.808
JC35O.086 2.494,423 2.2UX35? 24.703,902
2,76
1,770,698

3,578.185 4.486,879 4.157,422 3.140.183 4l.0S9.990
M76.02I 5.62*.94/ 4^11.910 4.019.O15 40,290,800
3.973, A 4.837.95?
).-.
3,548. U3
..........
290.110 2.511,723
259.100 3)3,410
2U.6U
5X0,725
224,5(1
287.(62
24U*2)
3,026.737
*310.0); *949,034 *228.255 *199.073 2,388,287
2I*X24i
238.4P)
2lO/>74

939.161
955,51
4&.4X?

186,501
232.485
2I0.2 xl

159.601
184,937
273.400

2.103,650

M9y§3»
554,080

649,921
6.14,5)7
074,042

566.44)
567,297
527.929

507.25?
502.011
495,47V

0.071,401
0.006,013
6,099,108

419.107
429.991
*464,201

652.659
5? 1.412
•540,000

011,579
490,093
*479, ?ou

656.00'
610.020
*628.0 A
)

C 807.618
C

147393
170,707
•169,3)4

150,585
159.722
213,387
17409)
*2x8,00 X *155,333

80.668
111.04)1
*105,222

2,392,(20
■3.402,842

4.851,502

6.058,484

1,412,187

1A01.51
3

1A83.923
I..........
4M M 97 4.098.918 I M M 8.977.051 44,772,002
4,404.510 3.977.944 46.^9.320
10!
4,049,430 4,714,5i( 4.994,434 3,909.672 44.901.443

1/514.157 1,448.295 1/562,47.. I t W / B UM«/907j 1,340,179 L3*WU i. 492.073 1,5*4,8.11 UM9/H?|
| 1,551.654 1M9.308 l .991.4-311
1
.3
Wat...««.u<4 i» v » r s .i
1.403.711 U *94,*J07 1.547,KtW L-,
{ * « _ , ( i^srr to VMS « o : 12M .9Q i.494.01-8 C53<,el8 l, *03,097 iA>4»A4*; M>9.0*9|
M 7I
i, 44aoo# UJ9i33(! 1.096, 7g5
WW,.., ... ... cv» m m j 1>K5,06* 1/570,024 • W " '
»• **• <fc P iwjIIIc*623/1
6013M -475,9*1; 470.2 n 4U.03(j UjKM1 540,217 033,33> 1,010,514
“ g*................. (1.489 at.). 603,794
656>40; 480.84* 678.0 >J Hl.iU.: 474,r7?i 4 19,»».9 404,13. 472.809 530,241 837.951
347,01 (| 387.0.X0' 412.436j 400,181
m iaii a^f.7w 402.49 L
668.901 j 837,300
T .l .d o Sc O h io C'eot-................
}**.......
(Sd7 rn.j
------- ^S»5 toSU m.j.

Nov.

1
630.553
7(3.776
863.131

2)7.-pv)
179,187
I.Y5.O
50

210/F17
180.023
140.00)

1.783.02? 1.077,181 18,008.091
l.?8 7.34 4 1,886,571 10.818.529
UK4.178 1,099,7.8) j 18,595,330
937.593
H
iA0.887
7*4. J3a

345,001
«73.6?7
317,416

166.592
172,300
165,010

182/280
160.3*10
100,199!

7.333.013
7,015,3)7
0.815.103

3JM5AU 2AT1.221! 3.343,50 J61.745^37 6#,2«0.429 WL260.102 63.514.080 62.055,830 51,713.874
1.109/904 1,860.540 1,309,16 t,?9?9-J.) A137.75*) i.572,9( a 2.134.205 1.072.804'
1,002.410 1,764,905; 1,040.18* i.91/,10, 2.05 •487 2,1*1.040 2,025,2)) 2,171,184 1,977,027
,
673,481
m ifi
979.tx0|

w « t . X.Y . dc l V o o . 80034*; 105338 »7 .l7 i »»,69|!
* * * .................< m » j .
347,217! O S.TIO 8V
O
0595 27U7»
................... « » i « .).
938,011. 322.KW
IfSJ*’ *......*.......(051 to.).
L00.178 101,721
9»MH\ 196.345 •197.70>!
.........
*661 q m .
*
rea.
♦ And 06 mile* of oaoaL.
I
not
Wi*eon»in Central for any o f the years.

857,911
861634
‘40 Y147

831^591
701/101 1,X173*»3 1,075/511 lf!7i,8 X ; 1.930.37* 1.017,680'
0
90), U0 1,074.0 M 1.373.807 1,173.568 I3l5,73i| 1,061.5 > 1,070,153
4
98«>45i| 1.045,501 p i M W 1,000.049 1,094,109
905.041
0 >.373
*5

lSlAW
j h. p i
257.9 *4.

290.971
#78,447
35i,5il!

309,0511 336.215
309.300
323.943
»76^7»
81/,0(3

319/142
S92J#4
#91.3)2

314,169
33.4351
313,450

280.020
314,053
2x1,075

213.046
251.335
240,186:

those for Oro/on RaUway S Marlghtlon and Union
t
*4 tnose for tno Manriati -in Alma X Burlingume from
j
O m a n * a f t e r O O tO be 31, 1 89 0.

INDEX

108

INDEX

TO

COMPANIES— CONSOLIDATED,

|Vol L X IV .

&c.

Companies not given in the Supplement tables in their alphabetical order may be found by reference to the Index below.
NAME.
W IL L BE FOUND UNDEK—
A k ron A C hicago Junction............... Baltimore A Oliio.
Alabama Central................................Southern R ailway Co.
American Dock it Im provement Co..C5entral o f New Jersey.
Am erican Telephone & Telegraph.. Am erican Bell Telephone.
Annapolis A Balto. Short Lino........ Balto. A Annapolis Short Line.
Ashtalmla A Pittsburg..................... Pittsburg Youngstown A Ashtabula.
Aspen Short L ine............................... Colorado Midland.
Atchison A Nebraska......................... Chicago Burlington & Quincy.
Atchison A Pike’s Peak..................... Central Branch Union Pact tic.
Atlantic A G u lf................................... Savannah Florida A Western.
Atlantic Mississippi A Ohio.............. Norfolk A Western.
Atlantic A Northwest........................ Canadian Pacific.
B altim ore B elt................................... Baltimore A Ohio.
Baltimore A Cumberland..................Western Maryland.
Baltimore A H anover........................Western Maryland.
Baltimore A Harrisburg................... Western Maryland.
Baltimore A New Y ork..................... Baltimore A Ohio.
Baltimore A Lehigh R R .................. York Southern.
Battle Creek A-Sturgis...................... Lake Shore A Michigan Southern.
Bay City A Battle Creek.................... Michigan Central.
Beuefontaino A Indiana.................... Clev. Cin. Chic. A St. Louis.
Belleville A Carondelet......................Illinois Central System.
Belleville A Eldorado......................... Illinois Central System.
Belleville A Southern Illinois.......... Illinois Central System.
B ell’s G ap............................................Pennsylvania A Northwestern.
Birmingham Equipment...................Kansas City Memp. A Birmingham.
Boon evi lie Bridge............................... Missouri Kansas A Texas.
Boston Clin. Fitch. A New B ed....... Old Colony.
Boston Concord A Montreal..............Concord A Montreal.
Boston Hoosac Tunnel A W estern..Fitchburg.
Boston A N. Y. Air Line...................N. Y. New H aven A H artford.
Boston Winthyop A Shore.................Boston Revere Beach A Lynn.
Brooklyn A Montauk........................ Long Island.
Brunswick A Chilltcotlie................. Wabash.
Brunswick A Western.......................Savannah Florida A Western.
Buckingham R ailroad...................... Chesapeake A Ohio.
Buffalo A Erie.......................................Lake Shore A Michigan Southern.
Buffalo New York A Philadelphia.. Western New Y ork A Pennsylvania.
Buffalo A Southwestern....................Erie RR.
Burlington A Missouri R iver............ Chicago Burlington A Quincy.
Busk Tunnel........................................ Colorado Midland.
Cairo Arkansas A T e x a s ..................MlssouriPacific—St. L. I. M. A So.
Cairo Short Line..................................Illinois Central System.
Cairo Vincennes A C hicago..............Cleveland Cin. Chicago A St. Louis.
California A Oregon.......................... Central Pacific.
Camden A A tla n tic.............................West Jersey A Sea Shore.
Canada Central................................... Canadian Pacific.
Cape Girardeau Southwestern..,___ St. L. Cape Girardeau A F ort Smith
Carbondale A Shawneetown............ Illinois Central System.
Carolina Cumberland Gap. A Clilc.Carolina A Cumberland Gap.
Cedar Falls A M innesota..................Dubuque A Sioux City.
Cedar Rapids Iow a Falls A N. W .. .Burlington Cedar Rapids A North’ll.
Cedar Rapids A Missouri R iv er....... Chicago A North Western.
Central or Ga* RR. A Banking.........Central o f Ga. Ry.
Central I o w a ......................................Iow a Central.
Central W ashington..........................Northern Pacific.
Charleston Cincinnati A C hicago.. .Ohio R iver A Charleston.
Charlotte Columbia & A ugusta___Southern Railway.
Charlottesville A R a p id a n .............. Southern Railway.
Chattanooga Union.............................Belt Ry. (of Chattanooga.)
Cheshire........................................... ..Fitchburg.
Chester A L en oir............................... Carolina A Northwestern.
Chicago A A tla n tic........................... Chicago A Erie.
Chicago A Calumet Terminal.......... Northern Pacific.
Chicago Clinton Dubuque A M inn..Chicago Milwaukee A St. Paul.
Chicago A Great W estern................. Chicago A Northern Pacific.
Chicago A Indiana C oal.................... Chicago A Eastern Illinois.
Chicago A Iow a.................................. Chicago Burlington A Quincy.
Chicago Kansas A N ebraska............ Chicago R ock Island A Pacific.
Chicago Milwaukee A N. W...............Chicago A North Western.
Chicago A Milwaukee........................ Chicago A North Western.
Chicago A North Michigan............... Chicago A W est Michigan.
Chicago & Ohio R iver........................Peoria D ecatur & Evansville.
Chicago A P acific................................ Chicago M ilwaukee A St. Paul.
Chicago Santa Fe A C alifornia........ See Atchison System, A p r.,’96,Su p .
Chicago A St. L ouis............................Atchison Topeka A Santa Fe.
Chicago St. Louis A New O rleans...Illinois Central.
Chicago St. Louis A Paducah............Illinois Central System.
Chicago St. Louis A Pittsburg..........Pittsb’rg Cincinnati Chicago A St. L.
Chicago St. Paul A Kansas C ity— Chicago Great Western.
Chicago St. Paul A M inn.................. Chicago St. Paul Minn. A Omaha.
Chicago A Southwestern.................. Chicago R ock Island A Pacific
Chicago A Springfield......................... Illinois Central.
Chicago A Toinah................................Chicago A North Western.
Chicago Wisconsin A M innesota___Wisconsin Central Co.
Choctaw Coal A Railway.................. Choctaw Oklahoma & Gulf.
Cincinnati A Baltimore...................... Baltimore A Ohio Southwestern.
Cincinnati Ind. St. Louis A Chicago.Cleveland Cin. Chic. A St. Louis.
Cincinnati Northern........................... Cincinnati Jackson A Mackinaw.
Cincinnati Richmond A C hicago.. . .Pittsb’rgCincinnati Chicago A St. L.
Cincinnati Sandusky A Cleveland--Cleveland Cin. Okie. A S t:Louis.
Cincinnati Southern
.................... Cincinnati New Orleans A Tex. Pao.
Cincinnati & Springfield.................. Cleveland Cinn. Chic. A St. Louis
Cincinnati Wabash A M ichigan....... Cleveland Cin. Chic. A St. Louis
Cincinnati Wash. A Baltimore........ Baltimore A Ohio Southwestern.
Clearfield A Jefferson........................ Pennsylvania A Northwestern.
Clearfield Bituminous Coal...............Beech Creek.
Cleveland A Canton........................... Cleveland Canton A Southern.
Cleveland Columbus Cin. A Ind ....C lev elan d Cin. Chic. A St. Louis.
Colorado Central..
.........................Union Pacific Denver A Gulf.
Columbia A G reenville..................... Southern Railway.
2 S K *S?t ? rj
..............International A Great Northern.
Colum bia A Red M ountain............... Spokane Falls A Northern.
Columbus Connecting A Term inal.. Norfolk A Western
Col umbus A Hooking V alley............Columbus Hocking Valley A Toledo
f / udl/an1 l). lifl C entral...Plttsb. Cincinnati Chic. A St. Louis.
!‘T o
Columbus Lima A M ilwaukee........ Ohio Southern
Columbus A Rom e.............................. Central o f Georgia Ry.
Columbus Shawnee & H ocking.......Columbus Sandusky A Hocking.
Columbus Southern...........................Georgia A Alabama.
S
Columbus A T oledo............................ Col. Hocking Valiev A Toledo.
Columbus A Western......................... Central o f Georgia Ry.
C oncord..
. ... .
.
............ Concord A Montreal.
Consolidated Terminal R ailway.......Kansas City Suburban Belt.
Consolidated \ erm ont....................... Central o f Vermont.
Corning Cowanesque A Antrim .......Fall Brook
Coshocton A Southern....................... Cleveland Canton A Southern.
& L exington.................... Kentucky Cent.—Louisville A Nash.
Current R iver.......................................Kansas City Fort Scott A Memphis.

Dnknra
........................Chicago A North Western.
Dakota A Great Southern.................Chicago Milwaukee A St. Paul.
* ' ' a£ ? ....................................Missouri Kansas A Texas.
t w IIhiP ^ N0rW? & " ,......................New York New Haven A Hartford.
Danville A Grape Creek.................... Chicago A East Illinois.

NAME...................................WILL BE FOUND UNDER­
DO Bardeleben Coal A I r o n ............ Tennessee Coal A Iron (Miscel.)
Delano L and........................................ Lehigh Valley.
D enver P a cific.....................................Union Pacific.
D enver A Rio Grande W estern ....... Rio Grande Western.
D enver Texas A F ort W orth ............ Union Pacific D enver A Gulf.
Denver Texas A G u lf..........................U nion P acific D enver A Gulf.
Des Moines A M innesota...................Chicago A North Western.
D etroit A Bay C ity ............................. M ichigan Central.
D etroit Bay City A A lpen a..............D etroit A Mackinac.
D etroit Lansing A N o r th e rn .......... D etroit Grand Rapids A Western.
D etroit Mackinac A M arquette....... See M iscellaneous Companies.
D etroit M onroe A T oledo................... uake Shore A Michigan Southern.
D istilling A Cattle F eedin g..............A m erican Spirits M anufacturing.
Duck R iv er.......................................... Nashville Chattanooga A St. Louis
Duluth A M anitoba............................. Northern Pacific.
Duluth Short Line...............................St. Paul A Duluth.
Duluth A W innipeg.............................Duluth Superior & Western.
Dutchess C ounty................................ Pliila. Reading A N ew England.
E ast Line A R ed R iver...................... Missouri Kansas A T exas.
East R iver G as....................................N ew Y ork A East R iv er Gas.
East Tenn. Va. A G a ........................ Southern Railway.
Eastern of M assachusetts................. Boston A Maine.
Eastern o f M innesota.........................Great Northern.
Easton A A m b o y ................................ Lehigh Valley.
E aston A N orthern.............................Lehigh V alley.
Elizabethtow n Lexing. A BigSandy.Chesapeake A Ohio.
E lm ira State Line............................... T ioga RR.
Erie A K alam azoo...............................Lake Shore A Michigan Southern.
E rie A Western T ransportation C o.C onnect. Term inal RR. (of Buffalo).
Escanaba A Lake Superior............... Chicago A North Western.
European A N orth A m erican.......... Maine Central.
E vansville A Craw fordsville............ Evansville A Terre Haute.
E vansville Henderson A Nash ville.. Louisville A Nashville.
Evansville R ock ford A E astern....... L ouisville E vansv. A St. L Consol.
F a rg o A Southern...............................Chicago M ilwaukee A St. Paul.
Florida Southern................................Savannah Florida A W estern.
F ort Smith A V an Buren Bridge___ St. Louis A San FraL cisco.
Franklin A P ittsylvania.................. Southern Railway.
Frem ont Elkhorn A Missouri V a l...C h ica g o A North Western.
G eorgia M idland A G u lf................... G eorgia M idland R y.
Georgia Pacific ................................ Southern Railway.
Georgia R ailroad ................................ G eorgia R R . A B anking Co.
Grand Rapids New aygo A L. Shore.Chicago A W est Michigan.
Grand R iver V alley............................ M ichigan Central.
Green Bay W inona A St. P au l.........Green B ay A Western.
Greenfield A N orthern....................... Kansas City Ft. S cott A Memphis.
H a rlem R iver A P ortch ester.......... New Y ork N ew H aven A Hartford.
Hastings A D akota............................. Chicago M ilwaukee A St. Paul.
H elena A Red M ountain....................Northern Pacific.
H ereford ................................................ Maine Central. •
H olly W ayne A M onroe.....................Flint A Pere Marquette.
H ousatonio............................................ New Y ork New H aven A Hartford.
H untingburgT ellC ity A Oannellt’n.Louisville E vansv. A St. L. Consul.
Huntington A B ig Sandy.................. Ohio River.
Illinois A St. Louis ............................ L ouisville Evansv. A St. L. ConsoL
Indiana B lock C oal............................. Chicago A Eastern Illinois.
Indiana Bloom ingtou A W estern___Peoria A Eastern.
Indiana A Illinois Southern..............St. Louis Indianapolis A Eastern.
Indianapolis Cin. A L afayette......... Cleveland Cin. Chic. A St. Louis.
Indianapolis A St. L ouis.................... Cleveland Cin. Cliic. A St. Louis.
Ionia A L a n sin g ..................................Detroit Grand Rapids A Western.
Iow a A D akota....................................Chicago Milwaukee A St. Paul.
Iow a Falls A Sioux C ity.....................Dubuque A Sioux City.
Iow a M idland....................................... Chicago A N orth W estern.
Iow a A M innesota...............................Chicago M ilwaukee A St. Paul.
Jackson Lansing A Saginaw............M ichigan Central.
Jacksonv. St. A ug. A Indian R iv ...F lo r id a E ast Coast.
Jacksonville L ouisv. A St. L ou is.. .Jacksonville A St. Louis.
Jacksonville Southeastern................ Jacksonville A St. Louis.
James R iver V alley.............................Northern Pacific.
Jam estown A Franklin...................... Lake Shore A M ichigan Southern.
Jefferson Madison A Indianapolis..P ittsburg Cincinnati Chic. A St. L.
Joliet A C hicago..................................Chicago A Alton.
Junction A B reakwater.................... D elaware M aryland A Virginia.
K ala m a zoo A llegan A Gr. R apids..L ake Shore A M ichigan Southern.
Kalam azoo A South H aven..............M ichigan Central.
Kalamazoo A White P igeon..............Lake Shore A M ichigan Southern.
Kansas A Arkansas Valley............. Missouri Pae. (St. L. I. Mt. A So.)
Kansas City F ort Scott A G u lf........Kansas City F ort Scott A Memphis.
Kansas City A Indep. A ir L ine....... Kansas City Suburban Belt.
Kansas City A Memphis R y. Bridge.Kansas City F ort Scott A Memphis.
Kansas City A P acific........................M issouri Kansas A Texas.
Kansas City St. Louis A C hicago— Chicago A A lton.
Kansas City Southeastern A M em p.Kansas City F ort Scott A Memphis.
Kansas City A Southwestern............ St. Louis A San Francisco.
Kansas City Springfield A M emphis.Kansas City F ort Scott A Memphis.
Kansas C ity Terminal Constr. C o...K a n sa s C ity Pittsburg A Gulf.
Kansas City Topeka A W estern....... A tchison Topeka A Santa Fe.
Kansas City W yandotte & N’ th’ w ’n.Kansas City Northwestern.
Kansas A M issouri.............................. Kansas City F ort Scott A Memphis.
Kansas P acific.................................... Union Pacific.
Keithsburg B ridge............................. Iow a Central.
Kentucky Central................................. Louisville A Nashville.
K entucky U nion................................. L exington A Eastern.
K n ox A L in coln ................................. Maine Central.
Lackaw anna A Southwestern.......... Central N. Y . A Western.
Lackawanna A Susquehanna........... D elaware A Hudson.
L aw rence......................................-■
........Pittsburg Youngstown A Ashtabula.
Lehigh A N ew Y o r k ...........................Lehigh Valley.
Lehigh A Susquehanna......................Lehigh Coal A Navigation (Miscel.)
Lem ington & St. C lair....................... Canada Southern.
Leroy A Caney V alley.......................Missouri Pacific.
L exington A F ran kfort.................... Louisville A Nashv’le (L. C. A Lex.)
Lincoln A North w estern.....................Chicago Burlington A Quincy.
Lincoln P ark A Charlotte................ Buffalo Rochester A Pittsburg
Little R ock Ju nction.........................Missouri Pacific.
Little R ock A F ort Smith...................Missouri Pacific.
Long Branch A Sea Shore................. Central New Jersey.
Long D ock Com pany.........................Erie RR.
Long Island City A Flushing............ Long Island.
Louisiana A Missouri R iv er.............Chicago A Alton.
Tonisville Cincinnati A L exin gton ..L ouisville A NashxriUe.
Louisville A F rankfort.......... ...........Louisville & Nashv.—L. C. A Lex.
L oui8villeN ew A lbany A C hicago..C h icago Indianapolis A Louisville.
Louisville New Orleans A Texas___Illinois Central (Yazoo A M . V.)
Louisville St. Louis A T ex a s............ Louisville Henderson A St. Louis.
Louisville Southern...........................Southern Railway.
Lowell A L aw rence............................ Boston A Lowell.
Ittacon A A ugusta...............................G eorgia RR. A Banking Co.

INDEX,

A p r i l , lb&T.J

SAKE.
WILL BE FOUND UNDER —
M ahon in g C o a l.........................................L ake S hore A M ich ig a n So. S ystem .
M a lon e & St. L a w re n ce ........................St. L a w re n ce A A d ir o n d a ck .
M anitoba S o u th w e s rn C olon ia a tion -C a n a d ia n P aolfle.
M arietta C ola m b u * A N o rth e rn ........ T o le d o & O h io C en tra l E x te n s io n ,
M arietta M in eral....................................T o le d o A O h io C en tra l E x te n s io n .
M a rietta A N orth G e o r g ia .................A tla n ta K n o x v ille A N orthern ,
M aple R iv e r .............................................. C h ica go A N orth W estern .
M arquette H o u s to n A O n to n a g o n .,D u lu th S ou th S h ore A A tla n tic,

:

i

: '......................... .......... = -.
'

trii

M a a sa w lp p i...................... ....... ................C on n ecticu t A P a ssutnoslc.
M aysrU le A L e x in g to n ....................... K en tu ck y C en tra l-—L onis. A N ash.
M cK eesp ort A B elle V e rn o n .............P lttsb .M eK eesp ort A Y o u g h lo g h e n y .
M em phis C larks t il l s A L o u is v ille .. .L o u is v ille A S ashviLle.
M em phis E q u ip m e n t............................ K a n sa s C ity M em p h is A B irm ln g’ m
M em phis K a n sa s A C o lo r a d o ............. K a n sa s C ity F o r t S cott A M em phis.
M em phis A O h io.......................... ..........L o u is v ille A N a sh v ille.
M erch an ts' B rid g e ................................ St- L ouis M erch 'ts' B rid g e T e r. R R .
M enom inee R iv e r .................................. C h ica go A N orth W estern ,
M etropolitan E le v a t e d .......................M a n h attan E lev a ted ,
M etrop olita n F e r r y ...................... ........ L on g Island.
M ichigan E qu ip m en t............................C h ica g o A W est M ich ig a n .
M idland o f I n d ia n a ............................... C h ica go an d S ou th ea stern .
M idland o t N ew J e r s e y .........................N ew Y o r k S u squ eh an n a A W estern
M ilw aukee L a k e S h o re A W e s te rn ..C h ica g o & N orth W estern .
M ilw aukee A M a d ison ...... ...................C h ica g o A N orth W estern.
M ilw aukee A N orth ern ................... ...C h ic a g o M ilw a u k ee A St. P aul.
M ilw a u kee A Sc, P a u l...........................C h ica g o M ilw a u k ee A St. P a u l. .
M inneapolis A D u lu th .........................M in n ea p olis A St. L ou is.
SH sneapolis A P a cific..........................M inn eap . St. P . A S au it Ste. M arie.
M inneap. Sauit Ste. M arie A A li’ tie.M tn n eu p . St. P, A S au it Ste. M arie.
M inneapolis U n ion ................................. G rea t N orth ern .
M inn eap olis W e s te r n .............. . . . . . . . G r e a t N orth ern ,
M innesota C e n tra l................................. C h ica g o M ilw a u k ee A St. PauL
M innesota A N orth w estern ................ C h ica g o G r e a t W estern.
M innesota S t. C roix & W is c o n s in .. -W iscon sin C en tra l C om p a n y .
■ * M innesota V a lle y .............................. ...C h i c a g o A N orth W estern .
M tesisquol V a lle y ................. ................. C en tra l V erm on t.
M ississippi R iv e r B rid g e .................... C h ica go A A lton .
M issouri K a n sa s A E a s te rn ........... ...M is s o u r i K a n sa s A T e x a s .
Missouri V a lle y A B la ir R R . B rid g e.C h ica g o A N orth W estern .
Missouri A W estern ..............................S t . L ou is A S a a F ra n c is co
M obile A G ir a r d ..................................... C en tra ! o f G e o rg ia R y .
" X o n o s R o u te ” . . .................................. C h ica g o In d ia n a p o lis A L o u is v ille .
M ontana C e n tra l............... .................... G reat N orth ern .
Monta.uk E x te n s io n R R . . . ............... ..L o n g Isla n d
M on tgom ery & E u fa u la ......................C en tra l o f G e o r g ia R y .
M ontreal P o rtla n d A B o s t o n . .._____C en tra l V erm ont.
M orris C a n a l........................................... Lehigh V alley.
M uskegon G ra n d R ap id * A In d ia n a .G ra n d R a p id s A In d ia n a .
N sa tsa k e t B each U K . . . , — ............. N ew Y o r k N ew H a v en A H a r t fo r d
Nashua A L o w e ll................................... B oston A L ow ell.
Nashua A R o ch es ter............................ W o rce s te r N ashu a A R och ester.
N ational C o r d a g e ,........ ........ .................S ta n d a rd R o p e A T w in e .
N e b ra sk a .,............................................... C h ica g o B u rlin g ton A Q ittney.
New A lb a n y B elt A T e r m in a l______ K en tu ck y A In d ia n * B rid g e.
S e w B m n e w i e k ... . . . . . . . . . . . . . . . . . . . . C an ad ia n P a cific.
N ew horg A N ew Y o r k ..........................Erie B R .
New H a ven A D e r b y ...................... ..-.N ew Y o rk N ew H a v e n A H a rtfo rd .
i
New J ersey
........ .N e w Y ork M iS quehann* A W estern.
New Jersey g o u tlft r n ............................CeDtral o f X ew J ersey.
i New ( M h u A i i ii i f _ ___ _________..N e w O rlea n s A S ou th ern .
_
New O rleans M ob ile A T e x a s ............. Isiuis. & Nash. tN .O .A M ob ile DJv.)
New Orleans P a clfle .............................. T e x a s A Pacific.
N ew port A R I c b fo r d ..............................C on n ecticu t A P a u u m p a lo .
N ew tow n A F lu s h in g ............................L on e Island.
New Y ork B ay K x ic B s io n ......... .......L o n g Island
New Y o r k E le v a te d — ........................ M a n h attan E lev a ted .
New York A E rie .................................... E ric R R,
New Y ork Luke E ric A W estern ___ .E r i e R R .
New Y ork A L o n g B r a n c h .................. C entral o f N ew J e rs e y .
S ew Y ork A M a n h attan B e a c h ., .,. .X . Y . B rook ly n A M anh at, B e a ch ,
New Y o rk A N ew E n g la n d .................N ow E n g la n d R R .
New Y ork A N orth ern ___ _. . . . . . . ..N e w Y ork A P utnam .
New Y ork P en n sy lv a n ia A O h io ___ N y p a n o H R
New York P roviden t »• A B o s t o n ....... New Y ork N ew H a v e s A H a rtfo rd .
New Y ork A O sw eg o M id la n d ___ _ .N o w Y ork O n ta rio A W estern.
New York A R o c k a w a y .................... L o n * Island.
N odaw ay V a lle y .................................... K an. C ltv St. J oe. A C ou n cil Bluffs.
Norfolk A lb e m a rle A A t l a n t i c .. ., ..N o r fo lk v s Ib-neh A S outhern,
N orfolk A P etersbstrg,, _____ _______ N o rfo ik A W m e r a
N orfolk S o n lh e rn ...................................N o rfo lk A S ou th ern .
Northern l d lo o l* .....................................C h ica g o A N orth W . tern.
N orth M bwottrt. . . . . . .
____ W abw» h.
North S h orn .
............C a n a d ia n P acific,
I N orth W i s c o n s i n .................................... C hic. St. P aul M ia s , A O m aha.
Northern P acific A M a n itob a T e r ,. X orth rrn P acific.
Northern Pswrtfte A, H m itt& i. - „ . . .
Pacific*
S m i m e s te r s G ran d T ru n k .............. C h ica go A G ran d T ru nk.
j N orthw estern U n ion .............................C h ica g o A N orth W n t e n .
N orthw est V ir g in ia ..
......... ......... .B a ltin jo r o A O h io,
Ocean S te a m sh ip .. . . . __. . . . . . . . . . . .C entra! o f G e o r g ia R y.
; O gdensbttygT ransit............. .............. .Ggdenabn.rg A L a k e <h a m p ia ln ,
Ohio C entral............................................ T o le d o A O h io C e n tr a l
Ohio Indiana A W estern ...................... P eoria A E astern.
Ohio Land A R y. C
o . . . _______C olu m b u s H o ck in g V«.L A T oled o.
Ohio A M ississip p i............................. .B a ltim ore A i >Mo S oiitnsii
rn.
Ohio A W est V irgin ia ............................Col. H ock in g V alley A T oled o.
Ontario A Q u e b ec.................................. C an adian P acific.
Oregon P acific........................................ O re g o n C en ira l A E astern.
Oregon Short Line A U tah N orth ern .' ire g o n S h ort I.inc.
Oswego A R o m e ........ .................... .......R om e W a tertow n A O g d cn sb n rg .
| O p e l O gw ego A F o x R i v e r . .......... ( ho a g o BurUiig(>>o V •prim y
Ottum wa C edar Fails A S t P a u l___ C h ica g o A N orth W estern .

.
j
:

.
.
f

P acific C oast................. ..........................Q ft v o n I M W t t D M t C o.
Fertile Short L in e............................... s io u x C ity •
PawtiiXcT V a lle y ........................
.New Y ork
Haven a Hartford,
Peninsular tM iein..................................C h ica g o A
t Western.
Pennsylvania A N. Y. C an al..............Lehigh Vail
Penn. P oughkeepsie A B o s t o n ......... Lehigh A >
lagiaad.
P enobscot whore IJ n c...........................M aine C entral.
Psmwwjolr A A tla n tic . ........... ........... L ou isville A N a sh v ille.
Philadelphia M a r t e n A M ed ford . C am den A A tla n tic.
Phiiadeiphi* a- R o o t i n g ........... ........R e a d in g C o m p a n y .
PRtstmrg A kron A W e -te r n .............N orth ern O hio.
PStteMtrjt Citieiniiati A Sfc. L ou is , P itts, ( ini, C hje, A gt, Louis,
P t e b a t g A C o n n e ll.v iile .................... B aittu n w eA O hio.
Pittsburg w henango A L»k*. E rie.. P itts b u rg It.--.. m -.t A- L ake E rie,
ritw ficid A North A dam *
............ B oston A A lb a n y .
FJMWaat IP
. D- <
..................... K •
• -*
' 'l . : . . - • - r
I. I
Plymouth A M lrb n eb n ro...................Old C olon y R R
Phrt HuriiT-, .V N orth w estern ______ _.P ilo t A. p e r e M a ra u ettc.
P"rtland A K e a n s lrv ......................... M aine Centra).

-K S ISB4 • OgdoM fm rg. ____ _____. Maine feu lra l.
'>
'*

Port R oyal A A u g u sta ..
........J .. .
,
Port R oyal A W estern C a r o lin a .. j C hartodlpn A W estern C arolin a.
Port«Mso!if.|j 0 f © » t Falla & Q tm w »y .MomUru h .Mala®*
.
0»*Diiie?fslaI Cat*!*'*,
rralris an Chirm.....................................C h ica go M ilw a u k ee A St. Paul.
a o h io y A lton A m . I --.-1- ................C h ic a g o B v.rliagton A Q u in cy,

159
SAME

W ILL BE FOUND UNDER—

K a v e n s w o o d S p e n ce r A G le n v iU e .. O h io R iv e r.
R e p u b lica n V a lle y ................................ C h ica go B u rlin g to n & Q u in oy
R ich H i l l ....................................................K a n sa s C ity F t. S c o t t & M em .
R ic h m o n d A D a n v ille ........................ ..S o u th e r n R a ilw a y .
R ic h m o n d Y o r k R iv e r A Ches........... S ou th ern R a ilw a v .
R o ch e s te r A P it ts b u r g .......................... B u ffa lo R o ch e s te r A P ittsb u rg ,
R o a n o k e A S ou th ern ............................ N o rfo lk & W estern .
R o m e A C a r ro llto n ................................C h a tta n o o g a R o m e A C o lu m b u s.
S a g in a w A W e ste rn ............................... D e t r o it G ra n d R a p id s & W e ste rn .
St, C harles B r id g e ................................. W abash.
St. J o se p h A W e ste rn ............................ St. J o se p h & G ra n d Isla n d .
St. L a w re n ce A O tta w a .......................C an ad ia n P a cin o,
St. L ou is A lt o n & S p rin g fie ld ............St. L o u is C h ica go A St. P a u l.
St. L o u is A lto n & T e rre H a u t e ........ I llin o is C e n tra l S ystem ,
St. L o u is A rk a n sa s A T e x a s............... St. L ou is S ou th w estern .
S t L o u is B rid g e A T u n n e l.................. T e rm in a l A ss o cia tio n o f S t L ou is.
S t L on is A C h ica g o ................................St. L o u is P e o r ia A N o rth e rn ,
St, L on is C on n ell B lu ffs A O m a h a .. .W a b ash .
S t L o u is A E a s t e r n ............. ............... S t L o u is P e o r ia A N o rth e rn .
St, L on is Iro n M o u n fn A S o u th e rn
Issouri P a eitio S ystem ,
S t L on is J a c k s o n v ille A C h ica g o
C h ica go A A lto n .
St. L ou is K a n sa s C ity A N o r t h e r n ,. W abash.
S t L o n is K e o k u k A S. W .....................C h ica g o B u r lin g to n A Q u in cy .
S t L ou is Salem A A rk a n s a s .............. St. L ou is A San F ra n cis co
S t L o u is S o u th e rn .................................. I llin o is C en tra l S ystem .
S t L ou is W ich ita A W estern ........ . . . S t L on is A San F ra n cisco .
" 3 t . P a u l” .................................................. C h ica g o M ilw a u k e e A S t P aul.
S t P a u l E astern G ra n d T r u n k ..........C h ica go A N o rth W estern.
S t P a n l M in n eap olis A M a n it o b a .. .G re a t N orthern .
St. P a u l A P a c in o ................................... G re a t N orthern .
St. P a u l A S iou x C ity b o n d s ................Chic. S t P a n l M in n . A O m aha.

,>
1

8 s to c k 1 S
.l0.U. .C ! ! y: . l.and.
X
| M is ce lla n e o u s C om p a n ies.
St, P a u l S tillw a te r A T . F ...... ............C hic. St. P aul M inn. A O m aha,
S an ford A L a k e E u stis..........................J a c k so n v ille T a m p a A K ey W e s t
S au it S t M arie A Sou th w estern ____ C hic, S t P a u l M inn eap . A O m aha.
S ava n n a h Anu*ru.'»* A M o n tg o m e r y .G e o rg ia A .Alabam a.
S ava n n a h A A tla n tic ............................C entral o f G eorgia .
S ava n n a h A lb a n y A G u l f . . . ............... S a v a n n a h F lo rid a A W estern .
S ava n n a h A C h a r le s t o n .,____ ______C harleston A S av a n n a h .
S ava n n a h A W e ste rn ...........................C entral o t G e o r g ia R y .
~ i-h;u

■ - i:

!

-■

....................B s\t ,,

,v O h io .

S cio to V a lle y A N ew E n g la n d ..........N o r fo lk A W estern .
S eab oa rd A ir L in e ....... ........................ S eab oa rd A R o a n o k e .
S eattle A In te rn a tio n a l........................ S e a ttle L a k e S h ore & E a s te rn .
S eattle A N orth ern ........... ..................... O regon I m p r o v e m e n t
S h en a n d oa h V a lle y ........................ .. ..N o r f o l k A W estern .
Sherm an D e n iso n A D a lla s ............... M issouri K ansas A T e x a s.
Sherm an S h re v e p o rt A S o u t h e r n , . M issou ri K a n sa s A T e x a s .
Shore L i n e , .............................................X , Y. N ew H a v e n A H a rtford .
S h ort C reek A J o p lin ............................K an sas C ity F o rt S cott A M em phis.
S iou x C ity A Pacific,...........................C h ica g o A N orth W estern.
S iou x C ity A S t P a u l......................... .S e e M iscella n eou s C om panies.
rimltij tow n A P o rt J efferson ............... l e n t : Island.
S odu s B a y A S o u th e rn ........... .............E lm ir a A L ake O n tario.
South C a r o lin a ........................................ S ou th C arolin a A G eorg ia .
S outh F lo r id a ...........................................S av an n ah F lo rid a A W estern .
S ou th G e o r g ia A F lo r id a .....................S av a n n a h F lo rid a A W estern
S outh Side ( V » .) ............. ........................ N o rfo lk A W estern .
S ou th ea stern A S t L o n is ............. .. ..L o u i s v i l l e A N a sh v ille.
S ou th ern C en tra l......................................L ehigh V alley.
S ou th ern G e o rg ia A F l o r i d a , , ........S a v a n n a h F lo rid a A W estern .
S ou th ern M in n e so ta ......... .. ..................C h ica g o M ilw a u kee A St. P aul.
S o u th e rn P a cific B r a n c h . , ................. S ou th ern P a cific o f C aliforn ia .
S ou th ern P e n n s y l v a n i a , , ........... ...C u m b e r la n d V a lle y.
S p a rta n b u rg U n ion & C o lu m b i a , .A s h e v ille A S p a rta n b u rg .
S pok an e A P a lim se ................................N orth ern Pacific.
S te u b e n v ille A I n d ia n a ,.......................P itts b u r g C tnn. ChUs. A 8 t LonJa.
StoOkton A C op p e rn p o iis..................... S ou th ern P a cific o f i-a lifo rn ia .
S tu rgis G oshen A S L U n its ........... .. .L a k e S h o re A M ich ig a n S ou th e rn .
S u g a r T rust ................... ............. ..........A m e rica n S u ga r R efin ing.
9 a n b u ry A E rie ......... ..............................rttU adelpfei* A Erin.
S u p erior S h ort L in e .............................. C h ica g o S t P a u l M in n . A Om aha.
S yracu se N o rth ern ............................ .. .R o m e W a te rto w n a O g d e n s b a rg .
U y m e a m O n ta rio A N ew Y o r k , , . . . W e s t S hore.
T a y l o r 's F a ils A L a k e S u p e r io r ____St. P aul A D uluth.
T a rk io T a lle r ............................. .......... K »n . C R y St. J o s. A Cmimsll Biuffh.
T e b o A N eosho.........................................M issouri K a n sa s A T e x a s.
T e n n e sse e M idlan d ................. ..
...P a d u c a h T e n n e sse e A A la b a m a .
T e rr e H aute A S o u th e a ste rn .............E v a n s v ille A In d ia n a p olis.
T e x a rk a n a A Ft. S m ith ..................... K ansas C ity P ittsb u rg A G u lf.
T e x a s M e x ic a n ................ ............ .........M e x ica n N ational.
Thurbt t-W h y h .n d ............................. ...A m e r ic a n G r o ce ry C o. tMtaefiL).
T o le d o A nn A r b o r A N o. M ich ig a n . A im A r b o r R a ilw a y .
T o le d o Beit ..................................... .......W h eelin g A L a ke Erie.
T o le d o C iu rlo n a tt A St. L ou is ........T o le d o St. l o n i s A K a n sa s C ity.
T o le d o Coiixmbus A C lu c liu ia t l.. . . .T o le d o A O h io C en tra l.
T o ro n to G rey A B r u c e ........................ C an ad ia n P a cific.
T r o y * B o s to n .......................... ..... .F i t c h b u r g .
T u n n e l R ailroa d o f St, L o u is ........... T e rm in a l A s s 'n o f St» Ikrals.
M
m ............. ............................ .............. N orth e rn C en tra l.
U n ion R a ilw a y o f C h a tta n o o g a ........ B eit R y. ( o f C h a tta n o o g a .)
U n io n A L o g a n * p o r t , , , ...... ...........P ittsb u rg O n o tn . C h ica g o A St. L.
U n ion steanjiKtat L in e ....................... E rie R R .
B a to n T er. Ry. a t K n lisas C ity , K a n . K a n sa s C ity S u b u rb a n B elt.
U niteil S la te* C o r d a g e , . ...................s ta n d a r d R o p e A T w ln o .
U p p er C o o s ....... ...................................... M aine Cent r a t
U tah A N o rtlie ra ...................................O re g o n s h o r t L ine,
U tah S o u th e rn .......................... ............O r e g o n S h ort Line
U tica A (H ack R iv e r................. ............ R o m e W a te rto w n A OgdetiBburg.
V a lle y R y. » f O h io ..............................C le v e la n d T e r m in a l A V a lle y .
V en ice A C n ro n d e le t............................IgmisvtUe E va n *. A St, L, C ousoL
V erfflgri* V ai. Ilidejasiid'ce. A W e s t,.M iss o u ri Paeliie,
V ic k sb u r g A M eridian...........................A la b a m a A V ick sb u rg.
V irgin ia A T u n n e sw e e ,........................ N o rfo lk A W estern .
W a c o A N o r t h * e rte rn ............... ..........H o u sto n A T e x a s C en tra l R a ilw a y .
W are R iv e r .............................................. B o sto n A A lb a n y .
W a rre n A V e n a n g o .......................... ..D u n k ir k A lle g h e n y & P ittsb u rg .
W a rw ick V a l l e y , ................................... D-tilgh A H u d so n R iv er.
W ash in gton C ity A P o in t L o o k o u t.B a ltim o r e A O hio.
W a sh in g ton O h io A W e ste rn ............. S outhern R y.
W a rn cs b u rg A C a n to n .......................... C lev ela n d C an ton A S outhern,
W cllsto n * J a c k * o n B e lt ..................C olu m h us H o ck in g V a lie v A T o le d o .
W estern A A t l a n t i c .............................. S a sh v iB e C h a tta n o o g a A 8t. L o u is .
W estern M in n e so ta ................................Si. P a n l A N orth ern P aolfle.
W estern N orth C a r o lin a ...................... S outhern R a ilw a y .
W estern P a cific.......................................C entra] P acific.
W est J e r s e y .............................................. W est J e rs e y A Seashore.
W e*t J e r s e y * A tla n tic - ...................W est J e rs e y A Seashore.
W est W isco n sin ....................................... Chic. St. P aul M inn eap. A O m aha.
W itk e sh a im A E a s te rn ........................N. Y . S n sq n elia n n a A w e s te rn .
WUItnnr A S io u x F a lls ........................ G re a t N orthern .
W ilm in g to n A C o n w a y ........................ W ilm in g to n C o lu m b ia A A u g u sta .
W inona A Hi. P e t e r ................................C h ica go A N orth W estern.
W iscon sin A M in n e so ta ....................... W iscon sin C entral C om p a n y.
W iscon sin M in n esota A P a c ific ......... M in n eap olis A Bt. Isuits.
W iscon sin V a lle y .................................... C h ica go M ilw a u kee A S t P a n l.
Y o r k A P each B o t t o m ,.........................B a ltim o r e A L ehigh.
F a n e s v ills T e rm in a l............................. C olu m bus S a n d u sk y A H o o k in g

INVESTORS’

160

INDEX TO RAILROAD MORTGAGES.

R A IL R O A D

Abstracts of leading railroad mortgages published from time
to time in the Chronicle are indexed below:
VOL.

P

age

.

.
.
.
.
.
.
.
.
.

51
54
45
51
45
45
45
45
45

.
.
.
.
.
.
.
.
.
.
.
.
.
.
..
.
.
.
.
.
.
.
.
.
.
.

45
45
45
45
45
45
45
45
45
45
45
45
45
48
52
52
47
47
47
52
45
51
47
47
52
45

731
739
205
804
71
245
246
583
584
639
976
873
242
402
241
54
55
55
147
144
144
644
441
911
146
85
213
144
145
85
213
144
212
144
114
114
145
85
114
212
114
145
145
830
465
468
260
261
261
42
540
572
228
229
354
274

62
45
49
61
52
49
45
49
46
54
51
49
51
51
49
59
47
45
52
51
51
47
47
45
49
52
57
64
58
63
63
63
51
51
47
51
51

86
440
239
429
242
582
372
237
45
444
114
208
613
248
177
1145
142
243
356
495
495
287
83
541
238
84
512
376
903
1012
1017
928
242
243
201
246
247

64
45

Terminal 1st mortgage,
duo Juno 1 ,1 9 3 4 .....—
Balt. A Ohio Southwestern 1st M. 4 * 8 , duo Jan. 1. 1990---9

(54
54
49
64
45
52
49
49
57
59
47
47
45
45
53
58
51
47
49
49
49
54
47
42
53

612
163
237
186
342
82
241
509
1041
7 83
82
82
242
403
528
988
244
23
270
272
273
1049
109
176
759

.

Brooklyn Elevated—Uu. El. 1st M. 6s o f 1887, due 1937..

Oeutral

f Georgia Ky consol. M.t 5s, gold, 1895, due 194iP

.
.
.
.
.
.

1st consol. M. 5s, duo May 1,1 939 .

.
..
..
5.
..
..
..
Kings County Elev. 1st M. 5s, due Jan. 1 ,1 9 2 5 .......................
Lake Erie & Western 1st M. 5s, due Jan. 1 ,1 9 3 7 ....................
2d M. 58, due July 1 ,1 9 4 1 ......................................................
Lehigh Valley o f New Y ork 1st 4 ^ s, due July 1 ,1 9 4 0 ..........
Louisv. Evans. & St. L. 1st Con. M. 5s, due July 1, 1939.......
Louisville & Nashville Unified mort. 4s, due July 1 ,1 9 4 0 .. .
Manhattan Elevated consol. 4s, due April 1 ,1 9 9 0 ...................
Mexioan Central consol. M. 4s, due 1911 and 1939................
Minn. A St. L. 1st cons, gold 5s o f 1894, due Nov. 1,1 934 .
M. St. P. & S. Ste. Marie 1st Cons. M. 5s, due July 1 ,1 9 3 8 ...
1st M. Minn. S. Ste. Marie & A tl. 5s, due Jan. 1 ,1 9 2 6 ___
M lnneapolisStreetR’y consol, mort. o f 1890, due Jan. 15,1919
Mo. Kan. & Texas Ry. 1st M. 4s, due June 1 ,1 9 9 0 .................
2d M. 4s due June 1 1990....................................................
Missouri Pacific 1st Cons. M. 6s, due Nov. 1, 1920.................
M obile A Ohio General M. 4s, due Sept. 1 ,1 9 3 8 ......................
New York Chicago A St. Louis 1st M. 4s, due Oct. 1 ,1 9 3 7 ..
N. Y. Ontario & western Cons. 1st M. 5s, due June 1 ,1 9 3 9 .
N. Y. Susquehanna A West. 1st mort. 5s, due Aug. 1 ,1 9 4 0 ..
Terminal 1st M. 5s, due May 1,1943 ..................................
Norfolk A Western Ry. 1st consol. M., gold, 4s, due 1996 .
Northern Pacific general 1st mortgage 6s, due 1921..............
Northern Pac. Ry. prior lien M., 4s, gold, due Jan. 1 ,1 9 9 7 ..
General lien M., 3s, gold, due Jan. 1, 2,0 47......................
Oregon RR. A Navigation consol, m ort., 4s, due 1946..........
Oreg. Short Line & Utah No. con. M. 5s, due April 1 ,1 9 1 9 ..
Collateral Trust 5s, due Sept. 1 ,1 9 1 9 ...................................
Peoria A Eastern—O. Ind.A West. 1st M.5s, due A p r.l, 1938.
Consol. 1st mortgage 4s, due A pril 1 ,1 9 4 0 ........................
Income m ortgage bonds, due A pril 1 ,1 9 9 0 ........................
Pliila felphia & Reading Railway m ortgage, dated N ov. 18,
1896,for *30,000,000 o f gold 6 s . . . ; ....................................
Pittsburg A Western 1st M. 4s, due July 1 ,1 9 1 7 ....................
Reading Company and Pliila. & Reading Coal & Iron Co.
gen. mort., gold, 4s, due Jan. 1 ,1 9 9 7 ...........................
R io Grande Southern 1st m ortgage, due July 1 ,1 9 4 0 ............
Rio Grande West. 1st M. 4s, due July 1 ,1939................. ......
St. Louis A San Fran, consol. M., gold, 4s, due July 1,1 996 .
St. P. M. A M. 1st M. Mon. ext., 4s, due June 1, 1937............
Pacific Extension 1st mort. 4s, due July 1, 1940..............
San Fran. A North Pacific 1st M. 5s, due Jan. 1 ,1919............
Southern Pacific geu. M. 5s o f 1888, due 1938 ........................
Southern Pac. o f Cal. 1st consol. M. o f 1893, due 1937.........
Southern Railway 1st cons. M. 5s, due July 1, 1994..............
Texas A Pacific 1st M. 5s. due June 1, 2000.............................
2d M. 5s, due Dec. 1, 20 00......................................................
Toledo Peoria A Western 1st M. 4s, due July 1, 1917.............
Toledo St. L. A Kansas City 1st M. 6s, due June 1, 1916.......
Union Pacific collat. trust notes, 6s, due Aug. 1 ,1 8 9 4 ..........
Kansas Pacific consolidated 6s, due May 1, 1919............
Union Paeifie Denver A Gulf con. M. 5s, due Dec. 1, 1939___
Virginia Midland general M. 5s, due May 1, 1936...................
Wabash 1st M. 5s, due May 1. 1939.............................................
2d M. 5s, due Feb. 1, 1939 ....................................... ............
Deb. M. 6s. due July 1 ,1 939............... ...................................
Detroit A Chicago Exten. 1st M. 5s, due July 1, 19 41.. .
Western New Y ork A Penn. 1st M. 5s, due Jan. 1 , 1937........
West Shore 1st M. 4s o f 1889, due 23 61.....................................
W isconsin Central Co. A RR. Im prov. 5s, due May 1 1 9 3 1 ..
mort. bonds, due Jan. 1. 1996

[ V ol . LXIV ,

AND
OTHER M A PS
SUPPLEM ENT

IN

THE

T h e r a ilr o a d m a p s in th e S u p p l e m e n t a n d m a p s o f c e rta in
c o a l c o m p a n ie s ’ p r o p e r tie s m a y b e r e fe r r e d t o e a s ily b y th e
in d e x b e lo w . T h ese m a p s a re p r e p a r e d w it h m u c h c a r e in t h e

618
439

Adjustment inortga

62
62
52
46
59
51
51
49
49
57
52
61
45
45
45
45
45
45
49

SUPPLEMENT.

C h r o n i c l e o ffic e , a n d a r e in t e n d e d to s h o w as c le a r ly as p o s s ­
ib le th e p r e c is e lo c a t io n o t th e v a r io u s r a ilr o a d s rep re se n te d
a n d th e ir s tr a te g ic p o s itio n in c o m m a n d in g bu sin ess.
Ma p .
P age .
Atchison Topeka & Santa Fe R ailw ay S ystem .......................................
9
Baltimore A O hio............................................................................................. 13
Baltimore A Ohio Southwestern. See B altim ore A O h io ................... 13
B angor A A roostook ....................................................
14
Buffalo Rochester A P ittsb u rg ..........................
17
Canada Southern. See New Y ork C entral................... ; .......................... 97
Central Pacific. See Southern P a c ific ....................................................... 127
Central of G eorgia.......................................................................................... 21
Central RR. o f N ew J ersey........................................................................... 23
Chesapeake & O hio.......................................................................................... 26
Chicago Burlington & Q uincy...................................................................... 28
Chicago & Eastern Illin ois.......................................................................... 30
Chicago Great W estern ................................................................................ 31
Chicago Indianapolis & L ou isv ille .......................................................... .. 33
Chicago M ilwaukee A St. Paul...................................................................... 34
Chicago A N orthwestern................................
37
Chicago R ock Island A P acific.................................................................... 39
Chicago St. Paul A Kansas City. See Chicago A Great W estern....... 31
Cincinnati Hamilton A D ayton .................................................................... 41
Cleveland Cincinnati Chicago A St. L ouis.................................................. 43
Cleveland Lorain A W heeling...................................................................... 45
Columbus H ocking V alley A T oledo........................................................ 47
Delaware & Hudson Canal Co.’s Lines...................................................... 50
D enver A R io G rande................................................................................... 52
Dubuque & Sioux City. Nee Illinois Central............................................ 68
Elgin Joliet & E astern................................................................................... 55
Erie R R ............................................................................................................. 56
F lint A Pere M arquette....................................................................... . . . . . 59
G alveston H arrisburg A San A ntonio. See Southern P acific..............127
G eorgia & A labam a........................................................................................ 62
Grand Rapids & Indiana. See Pennsylvania R R .................................... 109
Great N orthern............................................................................................... 64
Houston A Texas Central. See Southern P acific....... *.......................... 127
Illinois C entral......................................................................J :...................... 68
Kanawha A M ichigan. See T oledo A Ohio Central.............................,.1 33
Kansas City A Independence A ir L in e..................................................... 73
Kansas City A Northern C on n ectin g ........................................................ 70
Kansas City Pittsburg A G u lf...................................................................... 72
Kansas City Suburban B elt......................................................................... 73
Lake Erie & W estern...................................................................................... 75
Lake Shore A M ichigan Southern. See New Y ork C entral................. 97
Lehigli V a lley .................................................................................................. 77
Louisville A N ashville................................................................................... 79
M exican C entral............................................................................................. 83
M exican In tern ation a l................................................................................. 85
M ichigan Central. See New Y ork Central............................................... 97
M inneapolis & St. L ou is...........................................; .................................. 87
M issouri Kansas A T ex a s...................................
89
M obile & O hio.................................................................................................. 91
Nashville Chattanooga & St. L ou is............................................................ 93
N ew Orleans A W e s te r n ............................................................................ 95
N ew Y ork Central A Hudson R iv e r ....................... . ......................... * .... 97
New Y ork Chicago A St. Louis. See New Y ork C entral...................... 97
New Y ork Ontario A W estern.................................................................. ... 99
Northern P a cific...................................................................................... 104-105
Pennsylvania.................................................................................................... 109
Philadelphia & Erie. See Pennsylvania R ailroad................................ 309
P ittsburg Bessem er A Lake E r ie ..................
113
Pittsburg Cincinnati Chicago A St. L ou is.................................................114
Pittsburg F ort W ayne & Chicago. See Pennsylvania R a ilr o a d ........309
R eading Company S ystem .......................................................................... 118
Rio Grande Southern. See D enver A R io Grande................................. 52
Rio Grande W estern.......................................................................................120
St. L ouis A San F ra n cisco............................................................................ 123
Southern P acific Com pany............................................................................J2/
Toledo A Ohio Central................................................................................... 13J
Union Terminal. See Kansas City Suburban B e lt................................. ' J

I N D E X TO I M P O R T A N T E D I T O R I A L
A R T IC L E S .
Baltimore A Ohio system bonds described.—S upplement . April, 1*96Chicago Burlington & Quincy bonds, etc., described.—Supplement,
Oct., 1*96; C h ronicle , V. 63, p. 775.
Collateral trust m ortgages.—Su pplem ent , March, 1888.
Convertible bonds.—S u pplem en t , March, 1893.
Cumulative bonds and stock.—Su pp ., A pril, 1886; do.. Sept .1888.
D ebenture bonds.—Supplement , March. 1893; do.. April, 1*95.
Dividends.—See explanation “ O u rSupplement,” C hrov .,V .55, p.78o.
Dividends o f RR. companies for seven years.—S u p p l ., Jan., 1897.
Drawn bonds.—Su pplem en t , Nov ., 18*9; do,, October, 1895.
Features of new railroad m ortgages.—S upplement , Sept., 1889.
Guaranties.—C h ronicle , V. 56, p. 561, 603, 6 4 9 ,6 9 5 ,8 1 2 ; V. 64.
P Incom e bonds.—Supplem en t , September. 1890.
Phvsical condition of railroads.—C hron ., V. 60, p. 1081; V. 61. P- JM -•
•
Preferreu stocks of industrial companies.—S upplement . May,
Preferred stocks o f RR. com panies.—S u ppl ., April, 1897; do., April,
1886; do., Sept., 1888.
.
__
1QQO
Railroad bonds redeem able b efore maturity.—Su ppl ., Nov., laoJ.
Refunding bonds—see “ Possibilities o f Saving in Refundmg, etc.
C h ronicle , V. 64, p. 492.
K
Sinking funds and bonds subject to call.—S upplement , Oct., 1395.