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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 9) matin »> H I Seattle T E lluti»burg\ T Chohallla / r /-* stiver How R*-Raker C ’y ilbiu ly OttklumL- Bailey ^ -Mttmr I \ a u j'L ks M6iiw%' u< o Park ) -OrfSn'yltU; W ! fflPW ili b )J BW S C O'N S W It 'fH-audlo. l!oM<*rimnj StSutein dry Iontal ’Eureka K *’ tirfek Ilfticku- G ilty* A u b tit a nt tfa a teater OaiwM .W .iwr B rj? oeebu itktiar kti O M F «U I :, N . Salmon City . SALEM O J .J'.ljVi U • f H T U ii ied n JMltta la en g e^ cP K 04 wO Jiasitwe* BiSMARCl" N O R T R esobu d N /_ y ‘fey. V y t g T w * m m omii pi lW pK A § \ J R K t4 llH t* M V ----- Giwiwr^o^n jfS' A atk lH u i Kt Ut U X T -a T & »V ; ^pES;'M Ot'Ntf’ D liu in t f t ont**M C .'h J m o e.l 1 S to $w %\% \» V E IQ PR R vf RetMing Purmnid 'eh tuna}) Mohawk H leoti w DENVER P J fiJ 5 £ tf ^ p e e H -J ( ix A t> n iftiele< ‘ fr | r f? r £Mr * vale { Wl* */ ay * G \m G m »o m #fv —"t nVt A » ! n O y R ts? } * ’w ioeh ,,m ,‘n C evnp/ tw w ieg. ^ orw . I ^ rm ™ h- f '^ r i r - “iB » T ...S T ' t ^ . a “ 0 S §# ,‘P FRANC.SCO!.' _ O,.s';o. j .r t \ 8 tit^C :< a y V ii OON N> Cu m vine j m m rt j> t> o >T irV « alO a \M m tiV w lo ■ lV liin k Ijth d ("a a .-.si«n > %t,W , a ftr O O y AU ^fcSP# rSjSPy" O N jp r H M tta \ in 0ftQ / Q fclt ei»r J y, p.-.Kotifi1 fA I N E W / R iI Z O N P 4 ^•';y;;-'\V „ci,,, • * • "Wro rM'' | oh * MAP OF THE ATCHISON, TOPEKA .i ./ i. m a t. in m [ sh d< 1 ia !' LPA SO > C utm t 3 mr i mPr 'mmt6 \ 1 ,S # | l cr > aI y§TON •Q»tiyrno**til*» y. 8A O R TWt nC O I’E tbS WW A £ ouaym as AND ’• I SANTA FE RAILWAY SY ST E M . flSf 1 : ^ V . C al'if V? 1 £ K ’s V ' vJU "<4 ' T v ' N V rl itSM ItC ,.E J N N. s ; T M EX I CO ,' I O. »w.Aaamaws' ,»]r*—fltr C1ki. 1 ' . «r .W OOAtO j M K osar1 (m r an GALVESTON FLA. U VESTORS’ S )0 SUPPLEMENT. [V ol . L X IV . jr o a t f a v o r b y g i v i n g I n i 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 . S u t» » c r lb e r » w i l l R A tL K O A D 8 . P ar of of F $ r e x p la n n tlo n o f colu m n h ead ings, e t c ., see notes 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 83 ___ 278 1888 $ 5,0 00 $ 9 ,0 0 0 ,0 0 0 6 9 6 ,5 5 0 N one. 1895 1.000& 0 1895 5 0 0 &e, 1 0 6 ,8 4 0 ,0 0 0 1895 5 00 <fcc. 5 1 ,7 2 8 ,3 1 0 1 ,2 5 0 ,0 0 0 1 89 2 5 0 0 &c. 1895 1 ,0 0 0 1887 1 ,000 1 887 5 0 &e. 1 88 0 1871 500 &o. 1,000 1882 100 1 ,000 1 877 1 ,0 0 0 1 877 500 1 880 1896 1 ,0 0 0 1897 1,000 1896 100 1,000 1 881 1,000 1889 100 1,000 1 895 1 887 1 .0 0 0 __ „ P s - M . & N. N e w Y o r k , 59 C e d a r St. N o v . 1, 1 89 8 V a rio u s. V ariou s. 4 g. 4 S4 5 g. 9 0 9 ,7 8 8 See te x t. 4 g. S ee te x t. 6 g. 1 2 ,0 0 0 ,0 0 0 6 6 7 9 6 ,6 2 9 1 ,8 2 3 ,0 0 0 6 1 ,7 0 0 ,0 0 0 6 in *96. 5 0 0 ,0 0 0 4 4 ,2 5 0 ,0 0 0 7 6 7 5 0 ,0 0 0 3 ,0 0 0 ,0 0 0 1 ,5 0 0 ,0 0 0 5 Sm 1 ,2 3 2 ,2 0 0 6 p e r an. 1 ,2 3 2 ,2 0 0 6 2 ,2 0 0 ,0 0 0 , 5 g. 1 0 ,0 0 0 ,0 0 0 3 m ’ 96. 1 ,2 3 8 ,0 0 0 5 g. 3 2 5 ,0 0 0 6 A . & 0 . N ew Y o r k . 59 C ed a r St. A. & 0 , do do 1 92 5 1, 1 99 5 1995 J. & J. N ew Y o r k an d L o n d o n , J a n .l ’ 9 8 -1 9 0 2 J. M, A. At J, M. A. j. A. & J. J u ly ’ 93 co u p , la s tp a id . J an . 1, 1 937 & 8. In d e fa u lt. Sept. 1, 1 90 7 & 0, O ct. 1, 1 9 1 0 Mat. N ov. 1, 1 901 & D. J u n e 1, 1 92 2 & S. N .Y .C ent.T r,C o.,54W aU M c h .6 ,’ 9 7 ,3 % & O. do do J a n , 1, 1 90 7 & j. do do Jan . 1, 1 90 7 & 0, do do A n r. 1, 1 90 0 .......... J , & D. N, Y „ M an. C o „ 4 0 W all, J. J. M. A. J. J. O ct. & & & & & A D ec. 1, 1 9 4 6 J, A tla n ta , Ga. J an . 7 , ’ 9 7 ,3 % do do 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$129,616. V. 64, p. 609. Loans and June 3 0 6 , w ere 1. w er net dim chiefly to Increase In maintenance o f way and main A nnual R epo r t .—'The fiscal year ends June 3 0 .f Report for 1895-6 tenance o f equipment. 3 main was given at length in V. 63, p. 1006, 1020. U lan sin g ; ,MoJt « Praepon" fftm azog] lln ittfcon glw tC a u kb i Fulton (rA V l riS m kO M Y jc. R SB 'Mt. JEWETT ju^/A.Ul'Or 1 \v1l''*rtui»' ,0 » PShulfttrt •ranton 'yl«r«\>urg jaloM bur 'HtKiajjlr Va a Vtjiv h lA'liantm BONDS. H ABm SBU«G ym tim PHiLAOEtPl -tana] <jLantSto'i' D aytoi AND WtKW ,**G *T ip n .a STOCKS W ff ■ \ & JlS iWO t K Ot r 0o lit iittem BALT, OHIO *&*»!§ T itraih Jw >wM i iart^ IM H M 'S lay-«vilk ‘ BAILKOAD O Q oin n u / / wtv«® © kW a , ' av j w n${ rU U i rn^i n WO D kN lw «tufboro C ** toetn fnootowij llkntan ^ )< OJo. MT H orton v, P flu l a on tjfehbtm Burk^H) 01u$<mJc. itfc tifn ffw 3m h iVtej* mt brie S) R t| ivoji O T tin n ln MAP OP THE foKoiusb ISV L AH IL E BALTIMORE & OHIO apeil, 1897.1 Knoxvil ColujiiBia/ ’* ' F j-ktoY 0 n fii| RAILROAD SYSTEM. toMlniwfli# "Chipletla INVESTOKS’ 14 SUPPLEMENT |VOL, IX IV . .h m c u lx jte is o a t /V W m EdmondstoA Ip SGreen River Lake ! St.Francis\ / x / ■ W %Long mMike ? > ,v / Eagle | Zakegf p Ve Tsquarf 1 Lake 1 d> CARlBOUj " ,^v[ , Fish River | ' Zake l evls ^ S tM fc h e l |> 1 ftroostook Jc. j&ndover V i^t. Henry Jc. !^resque'Ul6| n t.Ansel me ~~ , _ _ ^fR F IE L D ; iW estfieldW | ^: ^Scotts ^StMary iBe&uce J St.Joseph , X FontFa! rffeldVn3as|4vKab,lrne IJc. m s; !Si-Fmieri<y ifds ’ M arskill\ U « , -A |[Eagle or Berm Lake, y La Reeher^rK Francis _Bath. ftk LKent V ? Florenceville tKM £>Lj3r.oix% 3 Hartland i Chamber la ir^ *Lake <> 7 ' M neV 1 Littleton I TOeksboroB fc i^ H arelock JN <p ''‘Broughton*1 V if O *s% kCJitmmcook t Lake Crys M I lJ Jhermanj Staqyville/ i Sindstone^p-i io .--t h .n d pi %tdflg HUl S' agtlc Lake 1 Jfeganiict A ! "J ! { M i ‘ " ’s lenee L ' IRONWORKS \ m* fPS X Mlrttawamkeag /W iim °* O .Mon B lanchard. \ T „ Monson Jcr. 1 1 ^ | f/E T tfield ,-y !/Passadum keaj Bingham V\ u I ^ USolon liab^/eley^, tZeesa y SalemM \.^--^rDextdr So.End^f torinqa' ’iWGreenbnsE' „ AltoN^Moostlgan \ V* Pe 'OLD,TOWN' (J Stil-hv^rlBwebsfe: — PalmyraV JC f. Pittsfield^ Strong i \ >01amon j^^-SU.'La Grange1 • MOrono 'I N yHolden— 1 / * Wiltoii i i |Meadows fcO BROWNVILLE JCJ \ JTreadwell " Sebiei K T H 1N% AA D T3 r \ GREENVILLE S "? \ 1 ~>J \ A Nortli Twii| Moosehead^ Holcb' V. Low'll T. \Sc7iooclic) JLaJces l ■pj.L - Lake ^ \Green Lake • f^achias^ , :ock sQ^eripore i 'K Waldo? EN ARfeadfleld/ ^ MT/ tn we 4 n V ^ > O j Sebago 1 C boro Jc,0o i * > y ConwayJ 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 2 j'E P IS MH pE 00&A fltfHS r SfW ftlievelttml i Y«rkvas«: CorlutlT .Holly 8prs. Flormii Tallulah Fail# p Dalton ltipUiy T iK sm u tM iiii 'Hrd «j a in Falk- Jasper Oe°®V \ C m lia u u .. »aM c Oimteravllle’ Kirvflwn lordeen ,fc« O nttj kolw ftjs a c' wf.te ’.M iU u.dm k Oretuulft > Tneg* o tA rrjw w r. Fayette StturkvlHi w AUGUS C iiQ a M itw Wffnimrnm B ^ilerffcu rg: 'o-r.n < lM IHmmt M ooo h :W ;l«»ko CHARLESTON ^krou , ON Ejf V 2' ' tv ---. • W p.«v* "<*>* LuiiderelBlO j O D M i couTiftoS* *+ l* b ’ yi< K 8. V r*> ^ 'S <& • 4 H jsvlH ni'M i' g •*»r.r is u n o ' b e re rite itsvllle P5 Mgu a oli*^ Gheruw Chester [©ourilAtuT*11* \ Oxford xB n A / rn U / , ■ W^mi! Greenville^ tJ rtftn a w u, .Mattfoaburg t} © riioaw tigk W j ■ . i . 11 1 A /.' b,R L E ANS A PtMlia • * "«. i % 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 ^3.^i6a c ao9 1N -s c 5d os 1-01 -Y tok i|0 t T T / f e & « r K ast 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, * -----------. r t •flip <« at) 'Uiat.a s a i J - J ® BURLINGTON & QUINCY U N Di G {///( BU FFALi O J °lv!roqmT> s^ E D G E M C rN p ’- roy Cy ~ X V ?L ^ ^ S li RumforU Ardm Munsllnk y fe © .-1 i D ftt» <1 M CO H O to CO 00 a u *3 T t" t3 K W £ H o f tr1 H W .<4 BAHiiOAD 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.$105,313 30 INVESTORS’ SUPPLEMENT. [V ol . LXIV Apaa, 1897.] RAILROAD STOCKS AND BONDS. 31 CHICAGO GREAT WESTERN tyfield] L'Ansv AiMaed Jose': um m ^ / . Hirer b Gor«l»>s / / Oe«& < kitupfd* A33at#l * M A fitV JC PS U* M s tJ flS E P H JfAtisv; y'TflOA \ m k . INVESTORS’ SUPPLEMENT. 39 [V ol . L X IV . Subscriber* will confer a great favor by giving Immediate notice of any error discovered in these Tables. Bonds—P rin cl" INTEREST OR DIVIDENDS. pal, When DueMiles Date Size, or Am ount Rate per When Where Payable, and by Stocks—Last Par of of For explanation o f column headings, Ao., see notes Outstanding Whom. Cent. Payable Dividend. Road. Bonds Value. on first page o f tables. RAILROADS. 66 1880 Chicago & Or. Trunk—Northwest Gr. Tr., 1st mort. 327 1880 1st mortgage for$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. A P W L , 1?®?.] 7. M 1 € 1H 1C A C O I K II I i: <i 33 A d r ia n 1 Huds*y ^ 84I.T. W aos!i6ftb1 Kpr®M% M im m Km*x U iga*«. & Findlay Or, OH^n.4] 'Wtefontal '«wte<yj' Anns' IT*1U * 3W ^rinrficM ItWiNM#] im m *m A «M ~L** C**1 1 * ,^ 0 f0 8 0 RaftinJSIc CHICAGO, INDIANAPOLIS LOUISVILLE RAILWAY. Jetttoe Hinton in o x v iM j hr en F&rK Rapids (tfiyndon '^\cDotl,ol t iBarnes V , P elican' '*onliart ^ A V w h b orn ^ -l A s hjand- Carlton Aitkin Aoerci-omliicl Mc 1o " " " V f J T w « J o » e o t t ' 1 f Ke,ttle R iver Ireoken ridge ^lonaugoQ Interlaken S a ra n don £llendalel Ulidden Hinckley S u p e r io r I c . Chicago Jc. Frederick] Ora»(/ w *• Iro n River / s BTAH'l.»KE. •\ Iron j L . Pembiuc" M inocqua/ W orce»ter\ Heatford Jc. Sltuk Centre- [Wltbeel l Flood lo n iv o Tom aliaw k' M /i foracevillcv Moreau a lORTON V , S ECUS JCBeaver J C o le m a n ! iMellette .bbnttsfor Wausai Puulktnn] | Ashley ;EAU CLAIRE V Vlontl-vjaei W ater Noquebayl z M u rri WU U E A SA K ^ 4OCONTO JC.I Eland JSttleiF \ /G a r d n e r ! Granite'E ^RED CEDAR BouiUai k it. Pete i\ Sleepy INVESTORS’ Wol-sey ■ - N RTH O FIELD ZU BROTA M V i r g il t Alpcnar Ir/iite ^ eO R TA G t ypijiringg w,|iont -Miuneso W OONSOCKET’ —v C H A M B ER LA I I °Hl. 'M Bosebud /' C reset? conove^ TRIPP5 ^ ) o Pine Rnlge _ --------------“o- CALMAI H DSON U ’ mineral PLATTE v C a lliop e ara 71. MAP OF THE ilVER Hampton' I 'T BRODH eT. ^ U mine^ 4 S i , U s eu! ‘ " mghatiot . ^^rt-ARREN Fonda CHICAGO, M ILW A U K E E @ ST, PAUL R A IL W A Y 6 ,1 5 1 N M i l e s in O p e r a t i o n . E FREEPORT^ fVohster Cy, M N IC L O C S A E ’ O T E L T AC D Aa O E A A n a m osa -# .MS O K T <ohrvill( MAN ILL/ \ cC o ^ Def(anc<u J fo rsia/T 'A tlantic i^ortli Platte* y Sigourney ''Nc m Boston. llntaoj isceoli Burlington; MRV O A I/ iTecum 'U rbana. (M arysville Jy KirkvUle" „Fndicott Venton ;OTHE —— _Sr. Seneca1 1 ^oTLenora Stockton - fiAc. — Beloit VjN\ON ^ac. W aldo -^ ^ B ra y n l ^ ^ G o w g i ll I awson t oelsiopSpvs. Mobevl’ W . Quinci Vlason City Quincy i y it& n Won roe Louisian i S P R I N G .F lE U Decal) Jacksyn^ /V lr d e n . li't'n ghain^ [VoL. LXIV 'l^piiitUcan [oom inSiPJ luslniclV G?I3W OO( W Edgar. St.Francis ■^NiOtToakley Uoomfie) Clarinda / o Lam ent i Kenesa< T ^ ^ ^ ^ G x lo r d F it Carson1 .Byron — DAVE' M u s ca t^ BLUFFS CrestonJ riu ttt Akron |A A N SVN A '' o\ \ A z\ Webster# Broken Bo iloldredgey, joklord LANa * k £ \ FULTON O’ b brfy iKocktj Marshal O A . \ AIbi, O rd ^ k C eda v Rapids 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.$120,567 -(V 363. a/7, 456, 683, 1087; V. 63, p. 228, 270 2 8 9 , 3 0 9 , 3 1 1 ; V. 64, p. 263, 2 8 3 , 3 73.) M AP OF TUB 99 lke*,W .&* % i-M K t! ~ 4 *& tiiU H CHICAGO & NORTH WESTERN N H..U..X O ' \ R T %0 U Srv^'A'-» .. v * H RAILWAY SYSTEM. k , 18 0 5 . *"■■ \>' >■„. . A J U * * * ***.• ft «te*A*c* w*- I Chicago 4 N -W orth estern R ay ailw M & O ah R i m a y. ,4o *• BON DS. J ’&ypfm on n /' a u * a <• ?■ \? r **t*b ct: - AND f STO G K 8 ff«r 1 h«,«. *C ** JM5? ' i W * « <*nO?QH P 4 l _ .... . ^ © m (A ,tel i . 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"• , * “£• - J."" .■ 4 V , * ,* • ■ li-' i 'k , Y>,^ T^ t < * 1r 'J ijr*;;# V ,c / T . ••>«.»* • ' r"*" . a ►HjMCtt O » I<. irwi# ••■ItCwtli w , . »»» ;W -W |f K>«' ^S »W (MilWlWKCl *t$Wf # ;« R A IL R O A D T IW W0O0PAW '**591 tA«C*fcTI,R I «* * A *•(S * : tf-N» o t g g D i a c S M M f s ft*'* B C ^\\ tL*U{0«N > »*• ttk % * .*4 * C lt cfcovt ^ .. 4 m.ac'iNt I 'N .**waiKf5^ **• & • £* m j 4I CAG0 8 0 •' * -* «,* Jlpeil. tm .J A«*T tei-ikM *N ftfc fWilf# w itwite Mtw g fcWp .v f - *f7 ttfligidtin j DLNVtn - *V 7 ■ iifm w -*& '** *lt; H ° ** *m * *A \ * A ,. *• ».< T *> > < MU «f r* /> TT: .4„. * LWW-* ..... r 4 u w. ; AW'-.r,.., * J l lincol {, \ 1 i V ** . s* * # S - . M $f J. ,«pfc ! ' I S S ♦. O » ’ • O U _ R I ^ I . «.iu L L >p • , I v*• “ » * ■ I '■ | ! > . i *. } \ JJ* N O. f y>’ • «t* »* * .' ' I • f, < S (f. , ’ 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.) I0etty«lmric Si » A B b o tsfo rx l STONE H «« TM jjrtkoU £& , STOCKS AND BONDS. immfe Kvmwtuu SACT LAKE CITY’ PBC*jUi/,s Stout ^ j f l’nfk City am jc . FkProvo Tloasant VVollcy Pimihitm * OJomy. Easti© li efCoiiio fAtonuw J iftthrotl **»’»*! BAILKOAD toTito# v eUvorton Jlarmowa. Anlottj&oj i1«am o 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 $76,000. stock. Interest on new firsts due Dee. 1 , 1 8 9 4 , was not paid aud F . M A P OF TH E * uno Arbor' I J a c k ie i CINCINNATI, HAMILTON H ii 1 - *A\f\| 2 AN D A4ti#ty .CHICAGO DAYTON RAILWAY AND R O IT •Aurora CON NECTIONS. iouth Baal JP jraiif A r a # o*„ x ■ nmmms3 o&mhktn-M ■ BONDS. Wyoming "___ _ ^ I FI N 0 CA \t3de*burg a rt* w * > Pworia^ t'omon! STOCKS AND ■ mm 8^fJ^5A< o *•$»**. gw*. itraw; C 0 Wajatlt<iw * Kathnmm „v wSwaiwNf* ts * f% llataiiw fit \ , . .1 4 “ W ijaM M iH R rtu'ttMT, L fcu l fth M / I VffITSOJJ t| f li**w |rr M jsu ciw w iitr W fcST. WiCrferlyi M RAILROAD KiPrark [aifcjac* ^'vCOLUMbUS 71% $ | ■ i.r v SH X l l :: o'**" »y ' • '^ n iiv o r ic b w \ Om-ufisfi.f r»l* 0 M m^rnt? plartwi JpA*m < -€S t u r -S . iV n iw I’Msniflefl •tana r*«*! K Motif -'.l hi IJip%1 x *} pllHiM * m ^ o i.t i,Z « n e iv ilfe ' takaar MAMilTOfT i^ r f Jjjpx. f\ 'N N A J I iMT I. wm ittthoblM yL boii*! f ii i lt klWro IPctsavt Mtgiik S (* L o iii* p sl% « ■btant 5R$o - I’rw radh Ijklt®*?r o | # 6 sn A p r i l , W&7.] Jifftr*, llftlstfeyi N « w A l hi iitjotilii iwater iva***aiil* ‘- O o i s v i A r jimm* \ ■ j o . UiiWlsfa 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. f pltatorT Geneva, M .urora Amboy L .M tejttfi-A # ' « [ I>*n* w n D c a t u s in r i MfSIfl&TOf* ,./ ,0 £ J O N H A P BOR- Toledj Javenpoj locklIsland ‘tym outh c l M i i r o *»0 '*~*‘~-*^ 7m J *m r% “ zftwA«»*W (ialva // ■j \ N X u Attbtfj , for^\ V , ^ !•> Oirvill PosiUcu' itiwouk IA X (iUinnn D ISO l\ Canton 1_ — Budhnol f W T .G S lU E A D rdinglom %&kmnr [K 4 # » \ X \ D ELA^R Clinton Dwatu] MtfW r U ifS .Plttuftekl. J Vchilli^lh. !E H A U \ !m a r t «h »' RSm **»y CO LUM BUS W rfbtw © f?t<< ifdtalA Ed wan iHNMM Conlrwlia fontnroaj Potmi Pinckney1 Du Quoin Bimarefc; Cleveland, Cincinnati, Chicago & St. Louis R y 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. w • E T R O lt Kalamazoi tartfW Miunhftlp * r p iU O ^ J Lawton Vlc&flbui choolcraJ Handiest* v\ / aI Ornatef Jiunestown Slocum 4e.J o Sotmv. Ttm'e Ri versj milad&te Cold Water, White Pfgeoi Fwnj^ij Siudminf SN Sturgis ihtabifia GHwivrpor (FaisiesrvtUe .jistssviile TO LED O ' FayHto RONDS. Jlyraouth CLEVELANO • W -2 5 Bryan Milford 4c. pitiify titf-m AvIHfl1 4 / D iiiief? w Continent AND Ttocliesler liJeagsy&Cr Ft. W b; Lakotoi O a% - fiutler R A IL R O A D STOCKS Kli;i gslftiul Blultton Anoka! Bunker Hill Kenton V ' NU)IM M AP OF Kl«ln»llkIH / i. Lot.*1« CLEVELAND, LORAIN r •••W H E E L IN G RAILWAY \ WTTS8URQ THE A NT) CONNECTIONS, sidnif ynwUiri CiatmLiMp^ ^ cnmt>rMm cio \ tjmtkm i -.-V V ' :lMT*»rl**ton |lCUANAPOU8 o. OAtiral? JJotmen* V, Fairlan<0\ A pril, 1897.] Franklin, Cnrltilfe ^hdliyvnit U I . . U AVMu.lnwUB, Graensburg Coluro'btjr a-htiM rttm darksi’HMg/jr W k e f* b to ^ Morrow BliueliefttoF >U«lr*«(£ 'cAlto Hiltatjoro .rntm^i 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 ©^ ^ 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 tfPThoinpso\i~~> ^'e«. (o > 1 \r 5 F^ster J WestfieldP P h o e n ic ia ^ - f^ . \X% CooKs I 'aJls B l N ’C Huntington^ W in e t e d 'K ^ ^ e '_ . q P a r k s v ille vricfc <■ ^ J|-C*sT cV " . .6 s\c»uicoon n igh Fal^ \Llberty S > * ir F « HOKIFSnAI 3 Bernice & ^ T o N s * n r, port 1 ^oWll!ulna K ' ^ S B .’A f t f t ^Oakland W h ite Haven \ Stroudsb’g Y RPenn Haven Catawi^sa noVdn M fl Q ll^aocb Chunk /^tchsvWe. Z f T ERSEY/ a '7 . .y«°2 _ I DOylestowntk jLanadalo s?y ongjB ranch . R iv e r h e a d ^ 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 W Ol ; M AP OF TH E E LG IN , JO LIET A N D EASTERN RAILWAY [\Vatlsfworth w ® CHICAGO OUTER /A U K E G A N B E L T LINE C O N N E C TIN G A L L RAILROADS CENTER IN G A T CHICAGO. Lake Zurich' A R R IN G TO N w as? ELGI E *a im o o ’ S P A U L D IN G I N pALTON ' W ahrenhurst grW fflfctw spring pQ N O B M A N TO M m I sla n d , ^W ALKER iMHam field O rtandi t Alpine /% Lawry-v Thorn Up Jc? 'liwssen £M u13£t- V *5 jo L ir Valparaiso \ Crown i\ PoiM Iukky Hebroi WTSBUM W h e a t O c ld 'S a n k a * 1' JoiftaM Haw kin MBUglHUD) JCankakee 4 e » s. Kincardine BigKnplds Toronto Central. Squure (illCipI SagiDii\iv Struifori (Clifford Syracuse UHiuiltoiie^^^^pa ,, 1 ■ ; S U S P E N S IO N BRI .Woodstock —V-L. V Lontlon Holland ,Hii.silngj Soiitli'H, ‘ LANSING luttlo Creelc' Kalumazn "Sturgis <r #itiishv^-■^MAVON ■ A c on*-;:;:, i f »C s V C H - _ / _ X C E N . ------ —------ ALBANY) Cortland SI. Thomas 'Chatham, Jdckson D E T R O IT , Wimlsty AnnVX'rlior Cassopollh-. '' J--^-\>imOOR SO N V^Towanda llillsdalo fall anpoi w <1 GC N °NbUrg 9s ( f r0'-'v V - t s / * umisport O w 0 c K\ V A YV IL LE GC ■Alonou' Sunbury --^WabflS] “f m lEutlei Loguneport GO a AUehtow [Rochester RciuUnj Kokom o' ’ayettej ? tedbf‘7 i T renton ; ‘SBURG •heelinj HARRISBUR' Johnstown Coshocton; I'nionICil Wusldjigtoi Muncie le e lin g ,001m ells V fanosvUle riiion "ashingU J ’omeroy. Ritchie Madison Portsmouth BAUTTSfOR^ Grafton ■kersburg Weston ’phlllptff Buck harm oh [ltcholl >Jnspqr (Athonf Hillsbbro N. Vernon Bedford WASHINGTON' S tr a s b u r / Jc. Riverton M a n a ssa s; aa llp o lii '-^Quautico|^D P Ironton Greentii) Joffer, rohnson Jc. M AP OP THE F rederlckfthuv; <i Orange Evansville 'O w e n s b o r o K H Fairm ont Marietta-^/^* Chilli cotl/o /Lawrenceburg 2 V in c e n n e s V W in s lo w J < f~"Cum berland; .Gosport Columbus, Bedford Rock wood ;IND| ANNAPOLIS. ts § s PHlLAUELPHiA, •Hwfordsvillo__ L A tide t h3 (C hester ERIE RAILROAD o r C harlottesville h^CHMOND X II — <3 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 $500,000 H. T. D. & £ Co. 4U p. c. note fallin g due A p ril 5 ,1 8 9 6 , was extended to Apr. 1, '97 » Cavaur Powers p g > »' Snn'nttA ^ '*!> RAILROAD, Cioakey Burke’ s Falls' Clarion Coleman, iverso QUy W ° T o r tu Ahnapeea, lGmyUu*f M r& m \ ZFort Ho.ward Ltlklmd&t ‘G-rmi, ! # * * _____/ 25 O 05 Toreafc J( 3 « l c^ West Brandi Cndfflac, Ai«rr Juliton flint Marked Myniontk IFfclf* C lo u d . Addison H OQ urowijd City i ,i*hhin<l \ 1I P j 0 rand P i ? t CtiMwfc. « 03 'TOR&WtO JW&sWt fjtfdUon Waukeulm' tfVrflam i ■ P u rlin g ® Geneva TdMe MonUM hkm no \ IlowefT^" md<m Hmids Charlotte M rm hk p , Hartford ^hpaX^taft %^ ' &ur$i* Gena?a ■Mlfiilgan City Angola, \j Blkhart / / _. mm .4*ii ’ TOLCOa ;j5k r Ompettm 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 * Russel Calgarry Moone Jaw ' GREAT NORTHERN L. Manitoba >ng L ake ihroft, REGINA " CAN?-, Broadview JJtnnedosa Medlolni K A IL W A Y Porta^e^nr y D unm ore Ft. M cLeod SYSTEM. P rairie WINj^lPEQl M orrise) yW N .coi VANCC% V & ^ BOTTINEAU1 C olville V l-CTO R ( a 'V ' RAILWAY ,C oncon ully r y^Assiniboine y great B ig Sandy M arias nsom P t.A rth u r' kCnndo T ow er inuid Marais GREAT iN D C O U L E E BA RKER \ TACOJvfl O LY W PI A _ . ! lehalis^A?1 ( ,,« E H W O . W v iU e , Lew istow n Ussoula' rNorthA .Y a k lilia bh ec ke) k ^ Edgeley Rosebud * ACONDAJ [S IL V E R B O W u imtih ►J T K EVI 4P C L 1 ^•♦ 0o rallatin -Pendleton avmowH rolyoi ■^Bnrfnerd / % J lp jsfield ’Daytol Kalama' • La Prairie \ ‘x^^yV'.LACA Amherst. Prentice’ L ivingston/ M enoniincr; E .P octland H ep pner Enterprise Challis d B aker City .o P rin eville [Cinnibar o R od L od g e Dillon -YELLCJWSTONE !ilMNP f!bA A LR H untington5 Galena Cm sse W od •Qaster H ardin Chamberlain! G arretson Mitchell H arney o Harney L. V _^ | y O R T \laeoi/c, P ocatello Casper Shoshohe J c. Summer Lake NlobranF ■Valentine C raw ford W en d ov er o T hree Creek 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 -A ltu ra s o ‘ 0 ’ Neil V - L akeside L oga n Tescent C ity1 ;llsl ’ ” AVorOig<V’y a-a. StotiX B u ffa lo Gap E d gem oi T ecom a DavelipijirP fe r e e n R iver ‘CouncJlJH uffs / v [<> / / A fto ll / T E lko Sterlinj ^ C H IC A \ i l o iie t ; Muscat inert fulesbu rg O HolVol ‘alisade INVESTORS’ SUPPLEMENT ’G arfield = 't’rosse^o*'^. I q^OSCOW iSundalitV, a < Keokuk- H oldredg? ioomiugton Pleasantyvallej: Jc. Teham a I loie n w o o d E ureka --— •Atchrfon. \ nm ol A ustin IrandJc. CAR! M ilfo r d Leavenw orth \ Buena V ista ) H uw thcrne B eloit 'C olorad o Sj -Hlsw-ocUl S"^5Sn.1 v r - V ' . S 5fon trose’ Ouray jnporifi Eldorado \Iacon ^ M e x i co [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 .Manistee/ Oshkosh;! duiLac. Chi on .Grand ILW AUK EE. 1 r ' m m , ; ' lacinc !* # U U e U Q y ^ " L.mazof S IO U X C IT Y TSmJlhTiiml \ ONAW A I ' nu^ s u n m PoloT Dixon1 Clinton; :s Kensington '^KJveixlale'J M O IN E S , javenporl J o lie X MEN DO T A j C ^J// oci ------ ---------- Dim mi c k’ '}! At to so lock Island ^ lift tla mil K 'm K E J TO A E rjC. .IN C O C N - Keokuir .Beatril HAVA 'u in c; s ’ Jo%p - ’a mner i (Cumert A A E CC T U T U f J o - ^ Moberly f Pux.toli__ , rpANTOUL CLIIVT lit. Pulaski .Chill Scot he itchisonlt(^ Log;inspoi ’e o r ia .r.El Paso) ;li3Uwortl PeklnJJ, ?T H ----- y^VN_orroal| BLOC!M INTON ( '^ C o /'l E /f i O V iw i Louisian: “A ”'g a i* rTolono 'Tuscola 'Areola s-X fexico TO P E K A /' Rumbus; /Ram sey !kAllSASX IJ’ N DALTA irllngamm litchell Sedalial 4to^ uporia' jk/'San doral- Pacific N y C E N T R A LJ_A\ \ ^ w A sh lc y ^ -. 'Cuba, ^5 fl-Tamaroa PINCKNEVVILIET Nevada (ismnrck v Eyansvilli ou<5auoll lU RPH YSBCiflO^ M ln m a r .own Salem ^ k r ifT ^ C p c e lla n •\ v Monett V\ Chadwick — E-.Gair Arlingtc Glintj Popla'r^BluftY 'I)oniphanP----- / j 'G uthrie rruLTON Eureka Spring goner GU THRI.E .Martin Cushmhns, | (Jackson B ure n _ L^Ozark _ ►klaboina' Medon Bald Knob, iSmith" McAlester iConw v_ L!is T If 4 Xi' T R O T T E R S PTI'S | / HotSprings Pino Bluff' Abbeville Oxford X , . C P A H o flX /F r in i l p C L A R K soS^^ illahoma Florence Stevenson I ’uscui /I h j g , >et V alley a /t$Kw e r .Gurdon A PL. 'Roim Amory" fA ^E R D E E H u n t in g t o n LA M O N,. '.esf Point _gj Wl LCZINISM Grecnvil) LEL „ v r < 'Akron J c / \ §|S%J' C •Mourotr 'JACKS' V IC K S BU yJaspei [Columbus ^ e P orf Sparta t t ' ^ H o l l y Sprin /3 W\Voiterford Corsicana' :N A S I s. u i . licit.Cy. L IT T L E R O C K / ■ 1 <v c .lS ^ B o liv a r , ^ 7 Gram 1 J. X . .Brink! /X iAtoka O j Greensbu Norton ville y< ton - \ jy ^ 9 Memphis Jc. * ^ R u s s e llv ille ^^^TCentralCity' Delta} T n iS e lm a Lauderda MON Terry * r D C rystal Sprs. B Hazlehurst B Beauregard H A R R lSTO N i Lufkin NATCH Alexundr: [Trluity Chenm flearno iSL A U l Charles B Brookhaven / 5B ogue Cliitto / J Sum m it / McComb City Magnolia 7 .2 5 i S a j / ' C L IN T O N * Tangipahoa' Am ite l N ETH EL Hammond I baton ■B&fo^mtonla Plomaton SfiOUGI 8ablne* Pas* SllflM b iff ILLINOIS CENTRAL SYSTEM. m a p i S a ^ m liu m OF T 1 IK A P R IL , RAILKOAD 18&7.J STOCKS AJSTD BONDS, «9 S u b s c r ib e r * w i l l c o n f e r a g r e a t f a v o r b y g i v i n g i m m e d i a t e n o t i c e o f a n y e r r o r d i s c o v e r e d I n t b e s e T a b l e s . B o n d s—P rin e l INTEREST OK DIVIDENDS. R A IL R O A D S . M iles D a te Size, o r p a l,W h e n D n e A m ou nt of of R a te p e r W h en W hore P a y a b le , a n d b y Slocks—L a st Par t o r explanation o f co lu m n h ea d in gs, * o ,, s ee n otes O u tstan d in g R oa d . B on d s V a lu e. C ent. P a y a b le W h om . on first p a g e o f tables. D iv id e n d . Internation al <t G reat n o r th er n — 1st roort., g o l d . . . . C ertificates o f Indebt. see. b y 1st m . c o u p o n s, gold. P u rch a se m o n e y 2 d m ort. in com es, n on -eu m ........ 2 d M. gold , Int. iCs p.o. tiil S e p t '9 7 , then 5 p .e ..e ' 3d m, ($ 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 F rom J u ly t t o Feb, 2 8 i% m onth,*): 1 INVESTOKS’ 72 SUPPLEMENT. [V O L . LXIV, B o w lin g G reeny 6 C olu m bia W arren ton ^ a Bonne* T erre 9 0, L ebanon/ B o liv a r ^ f v Sale“ L _ s . Irou ton / U o } Iron H ill o H ouston W illo w S p rs.l C h a dw ick \ G r a n d iin W e st P l a l n s & \ P o p la r B lu ff); ^ Douipbaucv--J N ew M a d r id ^ T ip ton S a p u lp a o C linton B a ld K n o b / Searcy „ KensetCX X C on w a y \ H o lly SpraT* <fSenatobia a ^ A lt h e im e r q G urd on C am den W a rren M o n t ic e llo s I° G reen wo< D erm ott Gr V H a m b u rg h G reen v ille'- T ch u h t ' rex. M AP W-D TH E OF -L JILJM TVLAMJT KANSAS CITY, PITTSBURG ■ - - « n — g u l f r a il r o a d . J Crockett , yPhelpfc O pelousas ^ Beaunf L a F a y e tte X iflp il I 9 9 NORTH K ANSAS CITY h» 3Q Zi O 2Q u l i / i in \\i» q a a o H m 3 2 w M AI* O F 'I'llK KANSAS CITY SUBURBAN BELT R. R. i i KANSAS CITY & INDEPENDENCE AIR LINE M w ’ HE UNION TERMINAL RAILROAD, S h o w in g T o p o g r a p h y a n d R a ilr o a d E n lr tm a o * o f th*» C ity . 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. f « i* m m m levUle HAN8f«Q '• y;AM*0tn BUFFALO, mmkyrn ■ Eikhorn gptftte Creek m09 f a n v’ifiitjy. ©CT*»Onrj /r Teucgrt -AHwkim-4 ,Vj*fc*b 7W < Bym nrc-. iU Tcston rSifvH iiim U4f'm MH I' C Klpcsu lim’httlto Clinton m,' Kultrm Aurora, f>f»*roek Bayunpgit M oildottt fiitt» JiAILKOAD STOCKS AND BONDS, Or loot Btltlttr iiwlgl; 8l*Ailtu Oh»n*»r 'ulIlKKIi I’rllM Ijir’t's , OatOM njrg <. A lilltllgtoji **.wrn « W p knJ tVhel 2 fiolW ! rlli'C liuvaiK fit ' .larksunivlTfiy ■y ' ^ H I eM DociitnrJ v J ! V / y < !_ > * H j»»i-««Y ;~ — i-------------J r If RltiCtFlgCl Lh»rl#fiAo V lrt|*'n" § ‘*rl*j , »' •"' C tjk ^V/ ,',”'"'v ' /■ i T ’"*;- s- v ...... . i * ’" \ \ ^ ..... . . ■ o \ » ..... .... « , j y; “■ 'v- "■ * ' ^ ,, ,.? u : w o u is v i t t c J|tAo««S» I I n ■ *% . * UR.-^-n 6 ...... S „ a,*..]"-1 * '.!-’ v XkIAf i#***«t yg . t . l C ? V ■ R GHiiajaitoN 4: Xk Wtmt* % mg «.* * ^ mmmrnm * ^ 5 ffc y - rtt MAP OF THE ^ ini qm\n ClM lor M f ltr*Nte*Ajra c in n a t i D jp H® ■ £ > v .jr ,. 1 branch % lliirknoy V . .. - ^ " C i n \\ Crotmlln iso . j t .. 1 \\ r ‘M iittiihm / . nn a . ■ t » , i, ^AvZ*«e»eiljei '*S COLUMBUS Mp^q tAktiigt^i -Craw ft * r? # {0 thj v A p r il , e*. New ca* t 4c (/) /'P .rk.t r ; ./ / LAKE ERIE & WESTERN mm mm lleft 'U<nn.*n<*:U+ * m,w ‘' i w w n # I f 1 IH Koveit ' \ \u *»PWMifvwii S»fK IV.i M.,.,9 A RAILROAD l .. . AMI ITS CONVECTIONS. >€ #, frtnrtloq y ■ ------------------------------ ---------wm 4., ' i 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 $300,0007 J'nirUnf# ^lyBiite v* .. y ff «’ \r«»i«gww’*^ fV - * - - . p ° CHE* T en o. ^ * 0^1 CA»AlifOTj JIM ai M V O jff J't.r J Ijo nr>’h i \ trM m TH TOOTH ROUTE NEW YORK TO CHICAGO w ccvrM rv? -- :■ >»■*» • I N “ ' #ai»ii’§ it J ,,wu2t v i ! C Q '/itn/lmujuti Q ' (*MIV*0V ; \ S I hM o m I w ^ II.»mi*lUrin<.jo i aaJiujM ua-4 K WfltlMlfl* ‘rillMMklif t < / r«^ k ‘ O cq i* «WSWP!1 •Mmnxm't 1 KWH*! oaiwwW3 _ ■ctS''' « \V, * M i. J ih v »>!T y ■‘ ' C Q P * ^'Tltwyftle £ ftont «r ' v* W M I* O o WI \t immvBte j V im I ^ow a* k* * t*m * s''^ Z m m m A ■$ B ■ > ]'l• «flJ .»]«-w II 11 1 1.0 MHfway1 <'nrm;in' H <Q t m ^ W *..... ... /'■ *u ', ’*'v llruckw&j V, |r Cw>t Qlt)Sl«.-- |J Q *4 M •" jfCw* t?S* | J<. *|4 ...■* # K«H h a tiJ* ' y*t. xli'i* B#!# ~ alw Jvtt&rmn y*i#!bv C ’urwi'WwilE*^ WiU «i»(».> y m I’ sjnm sJit& iiw . w y ~ O pw *#*© *^MVytxap»1n»*t i . !%Vw*****« f ( f rtnM it»t>i>»¥ H * w s t t w i Y ' r#f 5' ? «*nt* t w£"J;W 1 t w , ®*r .i r m o O f A»4**«-<r w«fcm f§ f# gtfttiM uqg., M P IT T S B U R G Rutile* H Ifta #v* N \ T »S }f X 4 i *4 M AP ,. L E H I R G A O F H I TH E V L R O A L A L E Y D P H iA p i i p y u ’ ....................................................................... , ....................... , v L.%: 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'.] STOCKS ^rre Haute AND 79 BONDS >AGo»port [Sulllvaj tehfUM, tncemu Udaell I C 4 j?/J TYmeetenJ -M h N S ' ? iS*»Zo /SSSJu* .FIELD t**c 9 Iratbmel WU&uuftmi 2 < / # / f 7 \ V \ iF /V V fU E f fl*\ **«i Gr. OCCAYuftj C e!sm»e ’ IT .: frAivhniL [AtW B J MJ ptHSACOt* MontfcelJa TaH aha*seo i*t,lU k»n M AT* O F TH E 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. k fn<;-'oi U A w * feM iM w a o EofaiilJ" JtWUujd c iu d X d’ j u a r e Lurkii O S.Qu in A lta i*, -x E n n mT X x V UiU ? tJ \ K»«•i- ^ a»! Rn . -----~ 2 1■ . |o Y n»» ftis $r _ *\ 8 'e*Tow ftoui J& rrvtlfc'm ItitmMlUo R A ILROAD STOCKS AJtfD E 02STDS C tS O -IU A \ P& iM © M O sAl (a n i« tjK dirtrtl ift 8tt,H ^ C A * «A M M & I ,'_ U cA L oS ^a, , PA ■ l lJ \ , . X ( '• • f r • •i**rR!> ............... . II k F i V v r ‘,f v . r K ," 1 , ° * \siAitlmianiiM / -V i f- j / > V ;>vfk^ ,/-' , ✓ > V v£ X / /? < b f £ m ,', / / v* / - V T Ittotu* *• ■*U “ r* • * *. S N S victo » i3 C ^ ^ s S S S # ? k / r t A C*p« ! , I , j \ . j •** "■•’ ■ * r\ v O \\ ... \ V-'. » :A * * * ' . . ■**?. I? ^ ✓ I o A>' p// . ** AW» V >ikimm) M l 4* ■ A --. MANiANILCO , MAP OK THK A m *». fiw w | pA i <2 MEXICAN CENTRAL RAILWAY im .i iiy iA / H ® * 'U»AMC»NC*0*€ \ il , AIS’ O C O N N E C T I O N S , Apr 5 jPW*f t M SJ> UAfCflEI*tl ' * SftttM © i rSii r b i RAN CHHMaftAl. V c 7 ^ tL t: * * 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 1897.] •m an ®jJtusbcri ‘aria JreeayS Albany; pC A lfjC Sweetwater tcana .^CColeraan Je Palebi HcCrosoAJ .Gutc*vlJK"—-T XLaujjwisas & \ San Angeitf- Burnett sTayiorl^ E£nt2te Marble FuiTsV AU& m tuunS w est P o in t' ,J i t r SOUTHEfO* II: IUDAD PORFIRIO DIAZ\ P H ^ N e g n fr l CO«l£ t \ P 6 o4 jrt-r/r\ & T»«ivU Laredo \» ' v * ;:‘ M L V O URANGO"-V f c K . — •t * ‘ iW fcpoG -» o MAZATLANP 1v 5: ' r .£ * f~ ~ -i \ «* l S ? VN fX * - l/wjjuli» / ^O '?jo»p an "• /,v/ » S JaMpa Apat*iis#a» ,C n r« » b & C .Ornealea Tebua«^ur Cttkatl MAP CM liPANCli OF THE ! MEXICAN INTERNATIONAL RAILROAD A M ) CO N N ECTIO N S tkfiigit ffm tm te projm d extensions * ttm U stm G ern en a p l ter ov m t p rova ' «*' $rifJ(£ Aeapulce' C Vrnie X'uixtla A INVESTORS’ 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.) N Morrm. Browns Valle: <> X y < i(w v ilIo UrLstol l1 o 1 1 ^/Timlc I,« ki T so ied n Ap p leton { M U Ib a n k M A P .Csiinertm Pay nesv.ilfc.iQ_ T H E MINNEAPOLIS & ST. LOUIS • # \a / A N. W Q , , Deland a O P RAILROAD A CONVECTIONS. J&ii Claire Faiahtt. Merr Ulan BONDS RAILROAD STOCKS AND \ E lktotr \ W ftteVt! Ipe Stone Md o a i&u St, Jm ites Prulrie Je, Worthingtonjfc^ S lem a Armour P a rk e r Scotland de. w .\/shrldon " V iite r v llfe ' H d . aw en nm ettsiJ Spencer Eiitim ii Preston Fm»4 du Dae '(aledniilal tm *Io t»rci 4 rn m B L ri\\Vashingt- \V»uk<m ' *H * L a*HM ilrti« “7 k «'S \*i; rin M A O tS O H JC a m rrj Ekhlaml G. t m IW a t e r T , Conove Mason « 'y /\ K oraJe Wtukewlr \V khU««« < u * « Kikbonr l VOUiutewtor Hampton [Cherokee V A r k le y . Hurting ton r <’iV ii K oM \ Beloit NYavibr * I lf Ttatena viou O S x il AVei^ter i y Dakdla Oakdale Mapletoit j mumpbiiiy j ip tiltern State Cwi, l'i K t Norfolk Jo. \ Vfr Arioh ^ w Y Ma'niii iOrinn K ankai Kineil Bluffs furVinglott, Sbcuia«daft.h rv'fc, Y jb D> «»y \\ JjSi&A** nrnTgt*• y y K ilka! cbn C te u® pri tifeinib '-^Xet’umsem S t lS -tilingJdm LINCOLN- Oemtva Anrm W# » g ii a b n *o 'Ora mb irih m u Oetvevi € Mi At Inn tie 'MAH. -imfon sun#J n»,ebelh Amboy Walnut illawojfrt Vat' Jt\ y <dIIinluis ^'rrvo0) Fililerton r\A rc.^ iT !*M "W all L a k e Pierce A lb io n April, 1 9 ,] 87 Rljwn Portal Vtroiqa* J lse b t ll* J Twill L4k* ’ a toil L e M a ra ^Niobrara A'erdigrcx " S p irit L a k e ! •Sibley Mqniello Man it1 ,La Cro! ®Heron Lake Falrtuotij^ Jw kaob * \ &t \ | f\ Win on# 3^windom l\[ Siuu x Fa. Jjj M ildieir I Spam A d nso V o cket V ila *' fctf f 'T 'f c JpL fc/O ra n d Republic 'c, . & CAkevPresloii 'IroquoijsX d iS ib UH 6 8 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 lions ©afedale' forfoik] Savarin fcrsonl '■anninj I ?edarBft] fAtlantic x o u k c jt su u ffsJ I / CrestO / b ow«l U ]ciiv>'O dr^__KwS O tage, mrir HykonS tlfftold [atefcfe^ fCob» iPg %im / iJtsn & ,6^ 0 ti.Towel a rck DCaniiage \ \®*7---------- v . iHvwlw IMowW WBto* gipraT j FoplarVBUlfD Fulton !Martin, iboldL 'Milan Ce*B*a*t»l y iB g % 'fatratfcio f Burnt JM-ktm pt*U WICHITA FAILS HENRIETTA ’WllilrH fiir&m't DCNTi W ORTH L»ndenUl» jjotMImi/ lU rK u ti jggF o r mean s ] 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 >txen LO chelU 'A uro-ri mtuxtbt tfushnel CarU tg K •Vault fo: Tdlono. Lreen Columl fcy V« nji-'hfum T(nna*lla r 'Seymouc Liberty Onto r”" autchclT’ ? «nne* *, New l ?* pa ffiaaia. H u oV X Jep&s/ MAP OP THE DWktaaoi :IC »S eiJ j * *’ { • MOBILE & OHIO RAILROAD IASHVIIAE Jack*©** I Die mu AND ITS CONNECTIONS. UTTLE ROCi <feUJnsviIl«j .AOftlla, VILW *] 'Narko«'tt*j Lauderdale! Lm'teh&rtff mm ■ «M .,n ^ackatan*i| &t*te J.lnc) mm ton o b il e '3 o » r o 7 ,« e Y j \H J M "i> S B rf£ MEW ORL 1*2 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. St.Clinrlm rfiggo;W. JEFFERSON CITY / Smith hoi _ XVnlralift T71 toil 3 F*arGclA% Y OrAyvUl *»i t • Y5?«» my * Bism arck, y Kivonhu* w - "/ " ------ f N ^ J* f mwfte44 TV MAP OF THE A- x^ ^ N ashville , Chattanooga iT \ vL. r . W li I i i ' y\„ ^ TuSra! St , Louis R ailway ANI> C O N N E C T IO N S , jU iS fiS fW E * ^ peOgL JjVLlt.w Pp*in% n \ \ r Ll « 'Viuiuim^hl — _i ' i<■t» r p !*> au.>4 » * viu 1 ! * j ~ m& warnm J£ BONDS. Yu,,»> > ? ,» \ Thuyoi \ i'XUvU^*^ GnnuiliD> Doniphan■ O , WTO' P u -r jMWr ^ 1 8 iM ' STOCKS AND L R < i|‘h r mtaw/ RAILROAD Netiipf i WyimSfa Dw j n jph SM< $ itlmmaw? fgW I, fttt pA^LV>»jxfi,raa / I ■ KagtaKimt r« 6 cs|i#is<w« w«i.#r aps:!l, law.] ftvtdrijjfel *** J*tS.Wr»ll^ JL lirmmiU watT-Ai T IIm MU K ^ W nwf "~iit £ lUS J VBtil ^ fa'mMnm* 'iteHM* ! b ir m in g ^ !*$& »?**# ,# 1? «M » c- J ^ .... 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 WW OP THE N e w O rle ans & W estern R , R . Q TERMINAL PROPERTY MI CH, Toledo. n 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, ,v * **T . LOU ttV Vt'idhli.i '■/fOveU’.'iile I n iI e s w Bia s ; II I.8 • ttry / fn Auwllii cw onttA n «ii» AJ tT | . J rU ao(T )Ifaftititi' ■ !3 ,Viw £E.htr,u 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 , 1 8 9 7 .] m 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 fjLQoerffij © o NorthvMt* gHOftjL jisf Richfield Jo. IHOfttN. Schenectai tbuhk .Avon Z ^ jy iv » u .t y *,*•» dtiea Jamison cd i • **«" o r 8j>rlngv{jh) Liberty w JRauwfbrd 'Dayton Norton Cherry Crock MayvilU MJddlofcurgii Norwich Aahford EtlloU# V.y, Utile v. # M lM p fotlu Cuba Ilunler .'toevtd* fo « n « Andovi wtown Bradford sfiinghtm' / Bolivar1 XittloGoMi Carrollton King* Ion'; mired Whu#|«»tl 6 BhofOoid WeUIxmiuKh Emporium Bortoj ikcfitw .CBAN TON CKtea«*t ^ ■WlWoodB | * m jm a! \ Vtem frAuth** tXJNmCttntemlTj M A P O F THIS N ew Y ork, Ontario & W estern R A ILW A Y & CONNECTIONS. Mlmndh Vi\ 4l % >k m M JoateriiJi U BeUaftmtfc <*»£; M i l liawn Siinfau Pm» H tw & tk iawe-M £ munx MWdlrbon? .a ■ lO O 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 a j o > H Pr w i-i p Ph p m m P O H 02 P P Pi o 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.»\ ,1'fc >< oajr •• ,A S B ;; M \T i "V . 4’»u4!»*| f’ O R T t R ^ % *v • ■ V • -' * ,P,><»"2 :V , ,,! out,,, n (/'W ib tH ., P " f e V - '. \B WJk*/ *«L StuK H * H *#1 #' ( « • } J ’ fc*%rt©!| % jp r o * * t # 6© u ? f> o t L pi*i<Hooi UfSt *"***""* v OlMrtte' M A I* O F T 11 E AP&IL, 1897.j as® IW iff • i t s * ,, ^»*Hjei § ’ K^nwih Jjl 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 V J p^jKswiokj O Jper* w AU8A.I tfj&lwrn ! \JTunosjj j i l k ® j i M 5g D iffolt A&HfA HlCAC M\D BONDS. i)^ S t fe ^ S 6 L ,cou:\*fa*M 1 O Jaifet ; Milton Ji y iS w , u J m fM * J! Vlck*b|^gl/fC t222l,6il‘ Udoey lt*iu7 jM ai.kW W 1 » S j / >*W ' CLEVELAND^ * Bnpldu 'Corunji ^ yw oA. io fic w 3 Ml' ...Vxl <n*y'**o _.Lcjift*top-». KAn.-R.OAl) STOCKS ^ ia & fp i T^pnl'ilgtony hi i» nil ‘U ttH n * fAiK -pa* ltfttfiw y w * T wyrtfViigton r i j WtSH'HGTQ.N;i^i s®-' “I , mymo ur' r f# ioll«vlU» N --,""*" y Oettlrttli# VW ; hty F,lD*! tif \ ihtb \ \ N >|Tan iivrinty tiuoin \ . ‘ JWfic^f0 8 8 * T * * NtW ~*X.II*WV | ® ^pjyncoin j* i r*rts* ifio» iMWiiiig Kltlm -ado ® yyy (,r CK»fl»» p M >rtn« V, i^ r d V 'N 't °f?IW Jfc, cim^stdiiV r c ></ vCulattttM K. i* E \ Oitthrt*> N^ - r 4 ^N. Martin */ PENNSYLVANIA R. R SYSTEM. *| fJ : U&i{w y* j INVESTORS’ 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 feaer Jo. Jam es! (WALLACE JC, ■ Girard i *r** IEA DV ILLE ^ 0 0 - A U#$ti <<WMi«# i CROMEBSAut1^ * ’ M AI* O F T H E U T i,E R ffitfetar PITTSBURG, BESSEMER ajtd 'LA K E ERIE RAILROAD S& sf* s " " a x t > c o n n e c t io n s QtfW ilH M JBllsriiteed, ^WARVILLE nrrsBURGH ilsfn»i)l« 1= 5 t?j G O H C W G O W 00 CJ I <? o r H 5 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 ■5 4 WILLIAMSPORT Q b O to J e r s e y S h o rt M y b lu n c y ’ Su sq u eh a n n a NX v ii. Cock Haven *0 > _ o '' ^ N e s c | T N ^ c < r /> Xowtiburg.® ■' -g g ,.,M S P j i ^ o _ W.Milton Jo p e c U p . L e h ig h ^ __ nJhickon / t o ' ” 1' LM E* P O F T H E L a k e v i l le QC READING COMPANY SYSTEM. ar Cr. Jc. t W a t s o n to w n ,A l l e n w o o d ^ V \ A M eadow* 2 lu n S iu ‘ 'i.v) "H a m b u r g h I Ogddqsburfl HJVBlte H a v e n Dtifton c D r i f t o n J c. H a z le to n p ,n 8 MP B la ir s to w n Lake \ P o m p to n u fT P enn H aven ii^thumbeiOnntL V /« « a X&urelton, CUngor S* j0j V L **1 . Wind. Gapi N e sto r T rev o rto u S L A TlN G TQ r^C ^. HERNDON V00 0° > v '; - r B e r n a r d s v lllo Easton <d -V®"-#1 ” ' c" ’> UPecla “ i a irPottsviiie A ili g h B r i d g e ^ o i l c A llis te r T~V n " VA" *. Brooksido SMiffllntown ~ ^ ^— " © a - PENN. 01 Grove E UewBlool^ puncay x ^ | L lick d ale Nj^nsi ^ T o SV P H 'N i R ^ c V w * ' 1* ‘r Zee. Y ^ ^ ‘■ S jeJ to*""*M ow„.liddletflSj^ , M . f Bri nswick> L a in b e r tv ille V P r in c e t o n New H < r e a d i n g Doyleslowni S t pottstown O jj * 6 m I v j-la n d ^ „ 4 ^ * ' H°Pe R o c k y H ill H o p e w e ll S in k in g S p f7 \Cornwall / ■ v to ^ n e1 u^g Barto Vi**' Tebanon L ^ LQP* R ltte h h o u s e j G ap 0 \ p ^ S h e r r n a n s d a lo 0 M « V F le m in g to n ^ fC o o p e r s b u r g h C o ld S p r i n g - ^ „ e J° -y B H e l le r t o w n r t r * -r \Hamburg^ ’ vc? ~<fJV P d S ^ B Q U tV o^ ,veItS3°Jb/y„ t r e n 'r orfiLansdale „ X I X " ^ s d a ,V n Ap - £ ■ ^ R o r d e n to w n ■N/e C s do. p ‘" ' t e r s B u n irnace I rr PENN. U ifrS R. ^Burlington ^LAN CASTER ° X o i k S u lp li S p r s . DOWNlNGTON oatesvil1 eV^.— StrSBorg ® po J T lv in k o r a r B e t li a y r e s F u rn x x ;; F a r m i n g 'l a l e ^ 1 L^O ^now ago bDillsburg Freehold^ : ' v. ^ Chester P H IL A D E L P H L Manchester^. TLeWiston Mt.HollyX_______ / \________ Whitings^ ___ _____ r “ amb. div> P A 7\ f W~~ <AMDEN no «, DQrarryville Chadds ’Ford)>--— oH an overJ c. G e tty sb u rg B Hanover) Mfaddonfield. Barnegat Jc^ A v o n d a l^ V a lle y Jc. rn ^ O x fo rd B l a c k Ito c k r ^ v/ A / R :P7 Barnegat/ ^Manasquan ^ <J o t-1 Tuckerton ^ TkW.'nslow Jc. RE407 A fi4 . 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, $98,764. July 1 to Feb. 28. 5 18 95-6 ...G ross, 4,2 19,7 25; net, l,735,65t 123 Li mori vm ce & Oakley jKANSy Columbia jto M ffe Sm oky K it Carson: »<*U p ,, Sheridan Labe Selkirk at 0®aijk> Vy Jim G ilm oiv1 St.Charb j Herlngimi Q\Em por& Lorraine’ pi£; UEF PERSON/*' / I c . ^ Mudl#u« Jt-. nu w u -m ^Pueblo Do,/„„ n (a ^ Kiinlcv Jitver KlnHiihigi ■uutnrille W ichita RAILROAD STOCKS AND BONDS. Montexumf Sawyer, 6AHTA. ' " /#* LHlmsu n *< Richfield ^ iroteenou *M i‘dtetn»v % i ?WN/«ELO Itbtlne 4a RKA^S A S ^ -w -^ ^ v «fesS>tY a? -^*~**mi AVUIUmmiUtR Beaver*, 'I'oxHue woodward, H a n sfo r d fE T T l im lm mn Carnot Imi O U T MR IE TaBCOHa A m a r illo 1 ’ST, PAUL OkiafioiEa / fV n n It audio WiWhbuiU Kn ia c mti' Kt.CoM> M aufum jEjK irbH w da fU rtiic I'nIi^Or- MAP OF T L IT T L E R O C K N^bltl CliiWrt'Hs' iUr$tad«i3ki)Uf Hl^fUte / \ CtifdoMN' i m tialoetvill LOUIS & SAN FRANCISCO €T«rlf*?tibr [ettlipey \ v RAILROAD. \ } \Vv1ie > Albany^ b llili# WWW A tttfaM r U L$iifi;vtew i n • Colemats '#Ylir«j|Ort Thiblimj A p r il , 1897.j iiytjd’K fjrtv' drowii^yjM Sun Atigefft: W ace, K b S to o W c ili o M.<«?• .:i-I ' Bito V / l T e m p i e j e n M en ard B#r«fiV _ /i f t Itl> arise j. ikbttvw Lufktoy^ Xrtivlty Nalctfo* AJeauiudrb Llttiioj Oorrig m 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. jllrnSjiiilut 127 Jttwwrt ^'Cl O y* O N T BISMARCK' / ^ oM i TENINO Bratitenj Katiumi ._ % WiiM _ ’tnm ihair Pemllctoi 0 /? > -6 W'ooabifn Salem jAJbaom [Lebanon Salmon City; — v-vctLOwaroN* ’N T N L J *m A IO A »A jHantliijrtoir LTflO M ft* him r h im , kurmtfum P k O V. tJflO K iJ - •C lea o Ala aU* SiM S iM T.J5H AS.TA Delta ,'lVsALT LA kS o V Kidding $ t««r C y ./ Onr-kiu I*#** Nej'Hj I U {A .R A ILR O A D STO CKS AND BO N D S. Riddles sEureUa 'Lffttvortli IAw ntln 130N CITY MCrr.lde ullo.lUo o Candelaria 8. Clover Valle* F R A N C IS C ( \ V iS S ® \ MflOt U P ^ W d«n V 'W *| Si. TboMM . Is f ***'"* vil ALBUQifERQUt © PRESCOTT 'A, l 4 o N Ollteho A fagdiMeijao«»» Atslonle C r ' !^ 'ftogalet MAP OP THE m p T ^ & iV i n (t r < hieri#' ifiK Ts SOUTHERN PACIFIC C O M PAN Y R A IL R O A D S iMHUl BoNlti O AN* lH J J . A$ iy« ,4 dw .* S ' lYFOOILt V rd tA o T -OR» t o ± s= Mi sL * 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. 139 PHt.burg iSt, Joseph^ X>«nvtli SprtpgfMC COLUMBUS' JRIcliM *oa«r Tern? Hnute Vincennes BONDS. B nrcic isfin \ N n \ N / S --------------S \ .Newark . HiBHISBuHvU.---" Y L v / " . A , N . .1 A ^TREN‘ H i LA v [ChlVtlr*.th«* !njfville O n f ml in Aihla/sD' W )\ : v\j t G H t» I N iv W AS *HAIUUSONR4 I * ^ C « * .« E » T O K Evansville Du Quoin e in«4vii|$ OecmtUr ERSON CITY- R~-— ——^ WHEELING ' / ' M , t J Aj5f> cmAm Avhllr Sal. Iprlugfleld tl ISvSsit iVtnfl.ti AND Metnphb j* CUW lAnniM JC. akN OtHhm ni\ STO CKS an nuren ~sj 0.)luml«lA ' U SBUS 0»M<tnla ;ltt7 lc Doi Springs' R A ILR O A D forenr* fOOkDSBO CHARLOTTE ti'sv r.-ri - . \L<^ Art Wtt.rrencv HmmhnmlM1 *•*«* ^ l Optftk: Vb ksliiii-j M^ - 0 > p?Vitt*min Olarsjt;' lONTOOM, ran Km !*kV*NN*H p in \ APRIL, 1897.] ■Alexnnrlrb 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............................. $627,378 469,564 * m i c f i r v . t .v w / QAGO \ y f ^ M V * . ? TOLED .VELAND Imiiklia 1k»B©b0$ dercverr ..Jftwyftc MetLid / 'Qrwa / E f e d - -.,, -te J ^ / w**ttJ 5 *y\»Etwrw »TUA« mviti.* r^S S ronT flN lry 7c Akron jf¥wjlminfctun Jo, ruoftto# VvKcw CftBtlX.Ic. U C iftB tr /£ f iH iC N O^ ftirtrfuq llutltr h w llJorf f* / jf OUHn* «3 M* Iff CL Canal Dover ^CPIOON to > /'wMiysyi^ui Oxtut-A Cadis W ftfiSiitsgtwiJ O i%afcTon ttjoo® ‘I'Mvu *le C anda-ldge CpLU M BU laU m arn L: . ¥ »lU tM> k te a rt ^ ^ O a J kj’ H UhSTOJi O IO H BettaM onoivillc %y^ 1 QkCkmimkm [ichmool ."ird lf evU Manias V Wavnl; TOLEDO & OHIO CENTRAL ’H iw K Me A rlU0 H den, am Lincoln E jU nu foi litchie v Itte -M / r , . p n m ip p i /jvyrestoT J ’Belton BucUannon to O 525 t) Sutton F oatfc ntm N ' PerHm'outh X ^sjggfetowrai/ WliUaiPMOwn y>UISHU.E Richie /£ Ororcm ^ur' : is r «nuslx>roufib ^Clarksburg Georinown Wattiin B A IL W A Y Cairo. ?nlgnoni O IO H Parker&bujrgh feleavllli \_M,idU t.n Carroll nebbar# v, jAlbany C anam tcr ■ Dexioy K C ih mh I ^4?onieim iatlia .1 r n* Covinyi AND OF THE HITMENS H O O B 351mmtngtoui it.H arys M A P OF T H E CD —I w ^ " ? paid well fttill* coll Folrdjmncc* laville C "vVU ynea'burg^ |T p hum ,a*fwg» 6 heeling .ddlsoa J’arl* 68 > Sterling U msville Wlpeligater French!) tirg 68 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 B r o a d w a y -- 2 5 1 ,0 0 0 ,0 0 0 :1 ,5 7 7 ,1 0 0 J. A J. 12 A p r .,’9 7 . 1 % C o n tin e n ta l. J 100 3 0 0 ,0 0 0 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 F r a n k lin ......... 100 1 .0 0 0 ,0 0 0 9 0 6 ,7 4 8 J. 8 8 A p r ., ’ 9 7 . 2 10 J a n .’ 97. 5 Chase............ 1 0 0 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, ............. Alau’ rs’ .B k ly n 1 0 0 5 0 0 ,0 0 0 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 M e r c a n t ile .... , 2 ,6 8 9 .9 3 4 Q —J . f lb " 15 A p r .,’ 9 7 . 3 Com m erce... l o o 5 ,0 0 0 .0 0 0 3.657.5(H) 3. A 3. 8 J a il. 9 7 . 4 8 M e tr o p o lita n . 100 1 ,0 0 0 ,0 0 0 1,1 0 7,87 3 J . A J. 5 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 D e e ,,’9 6 .2 0 8 J a n .’ 9 7. 4 E ast E lver. - 20 2 5 0 ,0 0 0 1 3 8 ,80 0 3. A 3 - 8 N. 5*. S ec. A T t. 100 1 ,0 0 0 ,0 0 0 1 .4 1 1,11 2 51. A N . 10 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 F e d e ra l'........... .. In liq u id a t io n . S ta t e ............... , 100 1 ,0 0 0 ,0 0 0 . 9 4 5 .4 5 7 J. A J. « 6 J a n .,’ 9 7 . 3 Fifth .............l io o i 2 0 0 ,0 0 0 ' 3 0 6 ,5 0 0 3. A 3. 16 1 4 % J a n .’9 7 . 6 T itle G u .A T r.. 100 * 2 5 0 0 0 0 0 2 ,0 5 2 ,7 4 8 8 A p r ..’9 7 . 2 0 Fifth A y e - .. 100 1 0 0 ,0 0 0 ,1 ,1 0 8 ,3 0 0 ; Q . - J . 100 1 0 0 .A p r .’ 9 7 .2 5 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 ....... . .1 0 0 . 2 0 0 ,0 0 0 5 0 1.0 0 0.00 0 1.6 8 9,70 b A. A O I » - f * 1*2* 1A pr. ’ 97, 6 * 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.