The full text on this page is automatically extracted from the file linked above and may contain errors and inconsistencies.
T he I nvestors
SUPPLEMENT
OF TH E
C ommercial & f in an c ial (^ hronicle .
G ENERA L INDEX.
P age .
E D I T O R I A L ..............................................
3
IN D E X TO R A ILR O A D S CONSOLIDATED, Et c .
9
STEAM R A ILR O A D S
.
.
.
.
11
M ISCELLANEOUS COM PANIES
143
OAS COM PANIES, (See also •* MlSCMJASWWA")
155
N E W Y O R K A N D B R O O K LYN B A N K S
155
N E W Y O R K AND B R O O K LYN TRUST COM PANIES -155
N. Y . A N D B R O O K LY N F IR E IN SU R A N C E CO’S
- 155
M O N TH LY REPORTS OF R A IL R O A D EAR N IN G S - 156
H A L F -Y E A R L Y RETURNS OF TRU ST CO M PANIES - 153
-AAp^il 2 5 , 1 8 9 6 .
WILLIAM
B. DANA COMPANY, PUBLISHERS,
PINE STREET,
corner
PEARL STREET, NEW YORK.
tRoterWl KMtwUa* to Act of C o n i In th« year 1898. by W iiAUJr B, D a k * Co m p a x t , In ofHe* o f Librarian o f Oongrea*. W a*b!n«ton, D. O.]
JOHN H. DAVIS & CO.,
BANKERS
AND
DEALERS
IN
HIGH-CLASS
INVESTMENT
S E C L R I1 IE S .
Members of New York and Philadelphia Stock Exchanges. Private W ires
to Boston, Philadelphia and Chicago.
Buy and Sell Stocks on all Exchanges ON C O M M IS S IO N O N LY, and
carry Stocks and Bonds on margin.
lO
w a l l S t r e e t , 3 s T e ~ w "X"oiOs:.
VERMILYE & CO.,
BANKERS,
---AND---
Dealers in Investment Securities.
MEMBERS OF THE NEW YORK STOCK EXCHANGE.
Deposits Deceived and Interest Allowed on Balances Subject to Drafts atJSight.
A ll Securities Listed at the N ew York, Philadelphia, Boston and Baltimore Stock Exchanges Bought and Sold on Commission
High-Class Municipal and Railroad Bonds on Hand for Immediate Delivery.
NASSAU AND PINE STREETS, NEW YORK CITY.
J. S. FARLEE.
ROBERT D, FART,EE,
J. S. FARLEE & BROTHER,
NO. II WALL STREET,
-
-
NEW YORK.
Brokers and Dealers in Investment Bonds and Stocks.
STATE, MUNICIPAL, AND APPROVED
R A I L R O A D
B O N D S ,
PAYING FROM 4 TO 6 PER CENT,
On hand for Immediate Delivery, suitable
Conservative Investors.
for Savings Banks, Trus
Correspondence Solicited.
Funds and
Samuel D. Davis & Co.,
BANKERS,
40 W A L L STREET, N. Y.
h d u h
Investment
n. t . sto c k e ic h u o b
Securities
.
a Specialty.
Interest Allowed on Deposits subject to sight draft.
oher
T he INVESTORS’
SUPPLEMENT
-O F
THE-
C ommercial & p in an c ial Q hronicle ,
r Eater«»l According to A c t o f OoDgMsa la the rear 1898, by W il u a m B. » a * a Co m p a c t , In the office o f Librarian of Congress, W asMnston.D. C ]
NEW
YORK,
A PR IL
28,
1890.
5. Bond to C ity or Baltim ore, dated 1875, d u e , I §40,000
, yearly. July t, 1806, to July 1, 1900 Original issue. ($1,000,. ............. . - .. .. .......
,
_ . , ,
. , , .,
i oW. for purchase o f c ity ’s interest in Pittsburg & C o n iellsTtie I. v * s o u mvet-Kmmr, — »*r 'i« *rtertj. i* furnished uiihoui villa; outstanding A pril, 1896, $300,000.
*Wr*
to « w *ub»crtb«r at the O o »* * * e u t 4M> Pmasciai.
Lien on main line, ns above, 380 miles.
T
I
he
nvesto rs’
QcoTATUMt
Su pplem ent.
UrmsA amrtMj-. i» also tarnished
ufilhoul attra eharge to every *»b «rtb *r at the 0 » » * i c « .
- The*® mortgagee presumably cover also ail equipment.
_ _ _
0. Consolidated M ortgage & per Cent bonds o f 1887,;due
T im s r t m b i t w i t sern .jcveC T
,;.uvn< dy. . ttke'-vi,.l w * w wUkmarr*r<» tAanpe to e v e ry m Umc fiber o f the < o
i t
1988. n o t s u b je c t t o c a ll, p r in c ip a l an d in te re s t, p a y a b le in
U . 9 . g o ld o f '• jiT r .'n t s ta n d a rd o f w e ig h t an d fin e n e s s .’’
(which In e lu 4 e »...................
jKnaagej i n Kttrotw.
grm* aggregate $31,807,016. but against which are sinking
Tw* t u n AiroCmr a w u u u a f.
u *:♦•» twratabed i to ta l issue. $39,600,000; outstanding June 80. 1895, $11,vrUteut
ekarge. u, « m
of t l» GiMnevio-a.
988,000: held in sinking funds for loans o f 1873 and 1874,
Term* *•# We o t t u n t u , in bating the r„ ir - o s h o v e
$4J*85,tW0: balance unissued, $13,747,000. This last sum is
earned.»n>Tw il»rir. * Hhio ti..- m ire i rtate. an.’, T svu - tx.tlare re s e m d to retire the prior liens, N'os. 1—5. which in the
funds that hold at pur value $8,300,196 miscellaneous bonds
and $4,885,000 B. A 0 . consol, 5s, making the net amount o f
W IL L IA M B. DANA COMPANY, PwSuOHESS,
Pm£ S TSE tT, CO *. P e a r l STREET, N e w YoflK.
p rio r lie n * $12.975.*3o. T h e p rio r (Kind- ••am ici
I..... Ve n ded.
Trustee. Mercantile Trust & Deposit Co o f Baltimore.
BONDS OP BALTIM ORE & OHIO SYSTEM.
L ie u - T in ? c o n s o b art
cu red u p on th e f o llo w in g :
M ilt s .
M.-tln Hue tl«ltlm «re. Md., to Wheeling, W eft Vn.. via Grafton
379*8
! . « l > w t ( « N * l to S t . ........................................................ ....... ..
The appointment of a receiver for a railroad corpora -e.-tno.
tk iM and t'.orih tea. fc on the she* e line, aggregating.,
Itraii.-h BR.. Point » f Bocks, Mil., to Washington,
Hon i< always taken as notice to the bondholder to Me(ewp»ttt«n
l ' 1'
* !'•- ?•'•■'
1
.m,l !r ,..i C O "
r e , . !). friwn near ftnttlmnre » o ( ’ <»rtt*« Bay ......
examine hi* security. Lack of information at inch a I'u H l* * B a r l iKluaw
lu O lf at Baltimore idoutito InutMtl.....
rodsrio*. vt,L. u. Kre,l, r.,4 gim
, (iou. M
il
..................
time may result in the lacrifice of many good bonds. W
H. nwnod llran. li. H rn w o d . W .bt V » . to Hellalre, o ................
Appreciating these facts, we have endeavored in the H»-n«.i.>cl Btnl Pstrkenimft- Bridge. ........................ .................
L
'
-
‘
‘
- ^
.
• ’ •
'
.
"
' .
'
428
,5-3
5-8
3-5
11
3-5
" '
which the p a irin g bondholder is anxious to posses* tAre t W r a a l regarding 5* at J025 below.
Uo* "“d bn‘nobw‘“
regarding the bonds of the Baltimore A Ohio system,
AIw. terminal property and facilities in Baltimore and
all lands, etc,, along -aid railroads, connected
excluding for want of space the Baltimore & Ohio Wheeling;
with the business thereof, except those used for general
South western and two or three minor loan*.
o f f i c e s in Baltimore; all appurtenances, rolling stock, fmnM A IN U S E A N D uTH K H D IB ® T <>BUO ATIO NH OF elikw , «•*«.-. ateo m t m «S«<ww>.00»» bond* of the Wheeling
Tittshury de Baltimore KH.. which have a first lieu, from
T U B B A L T tM O lte A O H IO KB. CO.
M ilts,
80
I. la u sf HH. mmwwb-i at » (-res-nt in t<w*», pnvabl. While Hall, Ha., to WWilag, Wwrt Vn----------- -------- - ...
A Iso stock for $1,009,800 knit of a total issue of $1,0.50,000,
the line being unbonded>.of tlu> Washington Branch HR.,
thla kma f « fosM by the mate fine sinking funds and not extending
a t w ill: M a t . w h en e x t e n d e d . $WtaJWM: less c a n c e le d Jan . 1,
1 «,
«Altalanding. $ * ! . * « • .
In November. !980.
by the public.
First lieni <
cm xritu i the main hue s*
iMluaMvo, tad., to srkMUaa. w««* v » _____
M iles.
_____.. ....... 3s»»
2, Laaa at !$«», d u e Oot. I. 1935. not subject to call;
e x t e n d d i a t 4 p er c e n t inter*-** in 1885. a n d th e p r in c i| « l
a n d in te re s t c h a n g e d fr o m ‘ - la w fu l m - m e y " t o " U n i t e d
S ta te s g o l d . " T o ta l issue, $ *,*# ».0 00 ; extu-aded p r io r to e x
Tun on mm "
te n sio n , $790,11*1; m its ta m iin g . $ 1 .7 0 9 ,W
wad**m No, I, subject thereto, rfa,:
Mite*
Uetn? H m w "• w Um v m l o f BalHmorei. to Washington, O. O.
.doable tracked *....................................................... .................
Miles.
31.0
The total tnilcage under the mortgage is therefore, in
cluding two-thirds the mileage of the Washington Branch
RK.I. 531 mile*.
Fanxlomirr, ete - On default for !>d days, the Trustee, Upon
r « | u «« o f am fourth the outstanding bonds, shall take poo' w * * » « deelare the principal due and fomslow the mortgage,
as the nspiest may indicate.
Mortgage Abstract —A full abstract was given in the
JUiw»e<re.MiL. i » Whs* ia*. Wrsi V* ..... . ......................... 3*0. CllRosfOLK, V' 48, p. s*H.and an official statement regarding
tJMUi I ■
not sub|*s-t the loan and its applh at>
to call. Total, $9 ,8*0 ,000; raneeled. $373.4*0 ; outstanding. ;24. 1888. jm
ge 628.
$k.»»t,.5(2 eUnMing f o » L 47i »,■•**> annually, parehas-'-.s tin
M M * if M n w a w . olhwwlM l* invest.-I in «>tb r
It heldJttB. b>. 1*96: Mis.-ellaneotiabonds. $$.420,500; B. A O.
i
^
- :d
Sinking fund. $5,278,9*8.
L k « on main lit»»* m above, n b jw t to New. I and 2, with
branch:
(MtUuerv. M-L, (■« Wfc»!n.t, Wes* V «
..
....
. .
Earning* —The earnings of the main lines covered by the
. _••• are given only in combination with
the earning* o f about 270 miles of branches which Are oot
•'■ ' !
‘ ■
f>
: h ......./' ..
rh «w branches,
however, have bat small earning power and hence probably
i disturb the result but little,
«<> .•«
Xet.
Charm*.
Surplus.
Mites 189 1 95........... $10,*08.337 #1.142,107 $3,988,A85 $1,173,342
..I 3 V. '!»•>.! 9 i
... I.t.8-
1. 1(17,707
2 .708.300
1,341,407
Bs » i , wh i n r t mi CUy »<>IVInt of It ■b*
12 1*1»3 93
..... 13,155.705
1,003.076 2,815,58« 1,277,512
4 tataftlaf 6 per Cent Los a nt t * 7l in. f!H*>, not subject ; The Wheeling Pittsburg & Baltimore RR . also under the
to call, lotaf,
I-sri.-.d- I. *45, IW: •-nt:-* n.rri mg. j.mortgage, shows ft net profit for 181*4-95 appli.-jiide to inter*
ta .»i,V d .
Sinking funtt. ffN.wm annually, and h o l d sest
: .......................-........................................
on fen d * o f $76,273
(against
a los* in J893-94 o f $15,949).
Canceled M 4 » of vmm. $1.5.196; mt*»;-eUaneou* bonds. 4#®*.- and the W o dm igton branch road, which has long paid 10
6**6 II A O. oonsni ‘w, t3.304.0f*>, total sinking fund June |wr cent dividends yearly on Its $1,650,000 o f capital stock
m 199$, $3 .178 s «
(its net earning* applicable thereto in 1894-95 being $171,409
Ltrn on same mileage a* No. 3 and on all equipment and against $205,000in 1898-»4\ykdded a return on the $1*028,000
stock pledged under the consolidated mortgage o f $102,800,
nppm teUm rm ,
Ifl VESTOtfS’ SUFPLEMEN i .
4
these sums being additional to the surplus above shown
The W heeling Pittsburg & Baltimore, however, it should be
said, besides the bonds pledged hereunder, has outstanding
$600,000 of 5 per cent Northern Division bonds pledged for
the gold 5s of 1925.
Sterling 5’ per cent loan of 1877 (Chicago Division)
dne June I. 1927.—Subject to call for the sinking fund at
par and interest.
. ____ „ „ „ „
Total issue, £1,600,000; redeemed to April, 1896, £217,000;
outstanding, £1,383,000.
sinking fund, £7,500 annually,
plus interest on bonds redeemed by sinking fund, making
£17,600 in all for year ending November, 1895. The bonds
are drawn about Nov. 15 and paid Dec. 1 after advertise
ment in London. Trustees are Egisto P. Fabbri of New
York, and Robert Garrett and W illiam F. Burns, of Balti
more.
. A. n
Lien.—Secured by deposit with trustees of §1,445,000
stock (total issue $1,503,450), and $7,744,000 first mortgage
bonds (the entire issue) of the Baltimore & Ohio & Chicago
RR., form ing the B. & O.’s Chicago division, as follows:
Miles.
Chicago Junction, Huron County, O., to Baltimore Junction,
III., on Illinois Central KK. (of which double track 21) ..
- ,J- 2
With all equip. (330 freight cars Juno 30,1895) and appurtenances.
Foreclosure.—On default for 90 days in payment of in
terest or sinking fund, the entire loan then outstanding
shall at the option o f the bondholders become immediately
due and payable. And the trustee may collect the income
on the securities pledged, enforce the mortgage securing the
bonds pledged, or may sell said securities at public or
private sale, applying the proceeds to the outstanding
bonds.
.
Earnings.—The earnings of the line covered by this loan
are reported as follows:
B. & O’ S. S TA T E M E N T .
Gross
Fat'ninqs.
Tear—
1894-95... ............. $2,500,745
1893-94... ............. 2,870,547
1892-93... ............. 3,28S,0S6
B.
&
O.
Net
Earnings.
$504,880
815,198
571,884
Charges
Balance
paid.
to B. <£■O.
$695,432 def.$190,552
694,523 sur. 120,675
709,294 def. 137,410
. C’ S. S T A T E M E N T O F C
“ Other
Balance to
Net
Interest
Taxes
Paid. Deductions." B.&O.&C.
Earnings, on Bonds.
r- Y e a r 1894 95... ...$504,880 $464,640 $191,617 $193,260 def.$344,637
187,446 sur. 79,535
83,578
464,640
1893-94... ... 815,198
cago & (Northern Pacific for use of the Chicago terminals
and the loss under the B. & O. & C. Company’s lease of the
Akron & Chicago Junction RR. See statement as to that
company’s bonds below.
Balance Sheet.—The balance sheet of the B. & O. & C. RR.
for June 30, 1895, shows:
Assets.-Cost o f road and equipment, $15,108,513; profit
and loss, $5,037,021, against $4,861,962 June 30, 1894.
Liabilities.—Capital stock, $1,503,450; bonds, $7,744,000;
current liabilities, (est.) $10,898,084, against $10,507,681
actual on June 30, 1894.
North West Virginia RR. 1st mortgage of 1855, due
March 1, 1902, extended in 1888. Assumed by B. & 0. A
first lien on road:
Miles.
From A v e ry Street, Parkersburg, West Va., to Grafton, W est V a„
Including branch to freight depot in Parkersburg, e tc...............1033
Parkersbnrg Branch, currency 6 per cent bonds of
1879, due April 1, 1919, not subject to call before maturity.
Direct obligations of the B. & O. Total authorized issue,
$3,000,000, all outstanding. Trustee of deed, T. Harrison
Garrett, W illiam F. Burns and John Gregg, all of Baltimore.
Lien — Secured by deposit in trust of $3,000,000 bonds of
the Parkersburg Branch RR., which are a lien, subject to
No. 7, on the road.
Miles.
From Parkersburg, West Va., to Grafton, West Va., w itli branch
to freight depot in Parkersburg.................................................. 103*3
With all appurtenances, revenues and equipment; also second
track, 1*2 miles, and sidings, 37*2 miles.
C Foreclosure.- On default “ for ninety days after demand
made by the holders of said bonds” the entire principal
sum “ shall at the option of the holders of such bonds
respectively become and be immediately due and payable.”
The trustees are “ authorized” to enforce the mortgage
securing the bonds pledged (o f which they themselves are
trustees and which is foreclosable on 90 days default) or to
sell the Parkersburg RR. bonds at public or private sale
for the benefit of the bondholders.
Earnings. - The earnings, etc., o f the property covered by
the above mortgage are shown in the following:
Year—
. Gross.
1894-95.....................$731,421
1893-94..................... 753,400
1892-93...................... 827,778
Net.
$167,717
175,085
145,744
Charges. Balance.
$204,546 loss.$36,829
204,804 loss. 29,719
210,357 loss. 64,613
Agreement —There is no formal lease of the Parkersburg
Branch RR. Co., but the B. & O. RR. Co. operates and main
tains it, under an arrangement to take its revenues and
apply the same, 1st, to the payment of operating expenses,
and the remainder thereof to” the annual interest upon its
bonds, which interest amounts to $180,000. W hen the net
earnings are not equal to this amount, the deficiency is
advanced by the B. & O. Company, and constitutes a debt
against the Parkersburg Branch RR. Co.
[VOL. L2LII,
Loan of 1888 (Philadelphia Branch) 4)^ re r cent
gtcrllrg bonds. due April 1933, not subject to call.
Total issue, £2,400,000. Trustees, W illiam F. Burns, John
G regg and T. Harrison Garrett, who are also trustees o f the
Baltimore & Philadelphia mortgage, securing the bonds
pledged as part security for this loan.
L ien .—Secured by a first mortgage lien on the Phila
delphia branch, which extends
Miles.
From a point near Baltimore to the northern boundary of M ary
land In Cecil County......................................................................
53
And by a first collateral lien through pledge o f B alti
more. & Philadelphia R R . Co. first mortgage bonds for
£1,000,000 (entire issue) on a continuation o f above
road.
From Delaware State Line to Pliila. & Reading Junction at Pliila
delphia...........................................................................................
Also its branch line to Laudenberg, P a ...........................................
An d branches in Wilmington, e tc ....................................................
32
14
9
T otal............................................................................................
108
W ith all appurtenances, rolling stock and franchises, and
all buildings, docks and wharves. The Balt. & Phila. RR.
owns 3 locomotives and 13 cars; how much equipment
belongs to the remainder of the property does not appear.
The Baltimore & Philadelphia RR. has: Stone bridges, 17;
iron, 68; wooden, 41; trestles aggregating 3,498 feet in
length, and one tunnel aggregating 627 feet.
D efault.—On default for 90 days a fter demand by
“ holders o f at least one-tenth in amount o f said bonds,” the
whole principal sum shall “ at the option of the holders of
such bonds respectively” become due and payable. And on
request o f a like amount o f the bonds the trustee shall take
possession o f and sell the mortgaged railroad; and the
trustee is authorized to collect the interest on the bonds
pledged and to enforce the mortgage [which is foreclosable
on 90 days default 1 securing the same, applying the pro
ceeds o f foreclosure sale to the payment of the bonds
secured hereby. And the trustee upon request o f one-tenth
of the bonds may also sell the first mortgage bonds which
are pledged at public or private sale.
Earnings.—The earnings o f the properties covered by the
loan of 1883 are shown in the follow ing, the charges in
cluding rentals, taxes and interest:
Teal—
1894-95..
1893-94..
1892-93..
Gross.Op. Expenses.
N et
$1,776,317 $1,217,835 $558,482
1,833,842
1,319,772
514,070
2,139,325
1,498,932
640,393
Charges.
Balance.
$581,460 loss $22,978
567,464 loss 53,394
559,779 sur. 180,614
The Baltimore & Philadelphia Railroad is operated by the
Baltimore & Ohio RR. Go., but without lease.
Balance sheet o f Baltimore & Philadelphia on June 30,
1895, shows: Assets: Road, $9,840,000; equipment, $20,954;
profit and loss, $2,498,324. Liabilities: Capital stock, $5,000,000; funded debt, $4,840,000; current liabilities, $2,519,278, against $2,380,853 June 30, 1894.
First Terminal Mortgage 4% per cent gold bonds o f 1894,
due June 1, 1934, not subject to call, payable, principal and
interest, tax free, in “ gold coin of the United States of
Am erica of or equal to the present standard o f w eight and
fineness.”
Total authorized issue on present property,
$8,500,000, all outstanding; authorized for new property and
additions, $6,500,000. Trustee, Mercantile Trust Co. o f N ew
York. See abstract o f deed in C h r o n i c l e , V. 59, p. 71, 72.
Lien.—-The mortgage covers certain lands and terminal
properties used by the company in Baltimore, Cumberland,
Brunswick, Md., and Benwood, W . Va., and at Philadelphia
and Pittsburg, Pa., including the general office building in
Baltimore. It is also secured by deposit thereunder o f cer
tain stocks and bonds, as follows:
Of M etropolitan Southern RR., which extends from Met
ropolitan Southern Junction, Md., to Potomac River, Md.,
21^ miles, $1,199,500 out of its $2,000,000 capital stock and
its entire issue of $1,200,000 first mortgage 0 per cent bonds;
o f Schuylkill R iver East Side RR. stock, $2,250,000 out of
$4,500,000, etc.
D efault.— On default for six months the trustee shall on
request of one-third the bonds, sell the securities aud
the terminals and estate, real and personal, at auction, bring
suits in equity or law, declare the principal sum due and
payable, etc., as may be requested by said one-third interest
in the bonds.
Earnings.—The term inal properties are leased to the
B. & O. at the follow ing annual rentals: Baltimore office
building, $75,000: Brunswick transfer yard, $50,000; Cum
berland yards, $40,000; terminals at Benwood, W est Va.,
$50,000; real estate in Philadelphia and Pittsburg, $160,000;
total such rentals, $375,000, or practically the interest on the
$8,500,000
per cents outstanding.
BONDS SECURED ON P ITT S B U R G & C O N N E LLS V ILLE RR.
Pittsburg & ronnellsville RR. Co.—First mortgage 7 per
cent bonds o f 1868, due July 1898, not subject to call. Total
loan authorized and issued $4,000,000. Secured by first lien
on road:
Miles.
Pittsburg:, Pa., to Mount Savage Junction, near Cumberland, Md. 147
Second track (also sidings, 66 m iles)..............................................
56
Road has 4 stone bridges, 58 iron, 4 wood; trestles aggregating
1,45 ■feet; tunnels aggregating 7,848 feet. Equipment—locomotives,
41; passenger cars, 40; freight, etc., cars, 1,784.
B O jS D S ,— B A L T D t l O K E
P itts b u rg £ OnnnellsrHle RR. Cn —Consolidated morttge 6 per cent stor ling bonds o f 1875, due Jan, 1, 1926.
_ ot subject to call. Guaranteed, principal and interest, by
B. & O., the guaranty being endorsed on each bond.
Total issu* ' authorized, £2,200.000; issued, equivalent at
$4 84 to 16,648,324; canceled by sinking fund, $30,344; out
standing June 30. 1895. $8,587,880: reserved to retire first
mortgage 7s at m aturity, $4,000,000.
Sinking fu n d receives £7.200 yearly (or proportionately
less till whole loan is issued), plus interest on sinking fund
iuvestments fo r pit rehase o f consol. 6s at not above par or in
vestment in other bonds; June 30, 1895, it held, in addition
to $80,344 bonds canceled, $545,700 ‘ •miscellaneous bonds,”
an increase o f $55,000 compared with previous year.
Secured on same roads as above first mortgage, viz., 149
miles, w ith all Che appurtenances and equipment, rights
and franchises thereof. Tax free.
&
O H IO
SYSTEM .
5
1885, the appropriation to the sinking fund, and taxes
amounts in 1895) to $1,224,773.
BONDS OP SUBSIDIARY ROADS.
Akron & Chic uro Jnoetion RR. Co. 1st mortgage 5 per
cent bonds, dated 1890, due Nov, 1, 1930, not subject to call,
payable, principal and Interest, in gold coin o f the present
standard o f weight and fineness. Authorized issue, §1,500,000,'
all outstanding.
Mortgage Trustee, the Mercantile Trust Co. of L e w Y ork.
Endorsement — Endorsed join tly and severally by B. & 0.
and the Baltimore & Ohio & Chicago RR. Cos.," w ith an
agreement to pay to the mortgage trustee unconditionally,
A p ril 30 and Oct.’ 30, as rental, under a 999-year lease, to the
Baltimore & Ohio & Chicago, an amount sufficient to pay
the full interest on the loan.
F irst Lien on ro a d :
Milts.
Junction O., to Chicago Junction, O., forming part of
R. & 0. 5 per cent Loan o f 1885 (Pittsburg & Connells- Akrou
the through line to Chicago..... ....... .............................. .
73
ville 2nd consols, etc., as collateral; due Feb. 1, 1923. Not
The road lias I t iron bridges nul l wooden bridge*, the aggregate
subject to call. Payable principal and interest in “ lawful length of bridges being 691 tier, trestles number 93, aggregate length,
go! a coin of the United States o f Am erica o f the present 6,Oil) feet.
W ith all appurtenances and franchises.
standard o f weight and fineness.” Total issue, all outstand
Default On default for six mo alls the trustee shall, on
ing, $10,000,000. Trustee Union Trust Co., N. Y . C ity .,
L ie n . —These bonds, as below stated, are claimed to be the request o f a majority o f the bonds, take possession of
secured equally with the consols o f 1887 on the B. & O. and operate the premises, sell the property at public auction,
main line and branches described in the consol, mortgage. institute foreclosure or other suits, and declare the principal
They are a second consolidated lien, subject to above sum due, according as requested.
Earnings.—The earnings o f the road covered by this loan
tw o mortgages on the Pittsburg & Connellsville RR., through
pledge o f the entire issue o f $10,000,000 P. & C. 2nd consols. are reported by the lessee as follows:
LESSEE'S UEPOKT.
Tbev originally covered by collateral lien terminal and other
Cross
let
Mentals
Deficit
property at Pittsburg, McKeesport and elsewhere, and like
Year—
Maminas.
Earnings.
F ai t.
to B .tt 0
wise the follow ing securities, and so the branches lines rep 189195............... $381,386
*$6-),(«:>
$108,156
$39.5*21
388,458
69,274
107.484
38,210
resented by them, these securities being part of the prop 1893-94.........
50.685
102,319
5L.634
erty conveyed by the P. & €. 2nd consol, mortgage securing 1892-93...................... 375,789
the $10,000,000 tends pledged for this loan:
t In the annual report this item Is given as $54,931. hut that is after
deducting a lus- of $13,705 ou the Cleveland Wooster A- SInskingum
,----Stock....... — Bund*.---------- Valley RR.
limit I'Udatd. lute. l‘Udg«L
Company.
Lint in. MU.
$30x000 $14,500 None-. Non*McrilnKR.
Berlin, fa. 8
lease.—The lease is for 909 years from July 1, 1890, and is
102, *00 150,000 102,000Salisbury K it W a’lubnry *i*
1.000.
000 008x500 038,000 OOO.OOOBent.A Cambria ■I’hnsf wn.Pa.13to the Baltimore & Ohio & Chicago RR. Co. The Baltimore
& Ohio RR. Co. agrees to secure the payment o f the rental.
U fljo # 147,BOO X«se. Son*. * t . PlewsaB. t. k t PteiVnt. 10
......... ............500,000 500.000 : » . * OJSbort L <UBW*dBr.,,Scc.tS
The rental, payable semi-annually, is tw o dollars for every
21«>.OOt) , ...... 500,000 500,000 O. & B. Short U Helst-nrlng.
9
loaded freight car transported over the road, or any part
...................... ......... 75,000cln W‘ab.ltBalt. ......................
'Now .wnxojht&ted with Wbeolliog fitTwlKirx .4 OOtimorv. whose thereof, in either direction, up to the number o f 50,000 in
05.000. 000 Sond» ot 4887 are pledged under tbs B. * 0, eonaot, mort each year, and the sum of one dollar per loaded freight car
gage Ot 1Ss7, Above bonds rover Hie ro.xd fp.m fttenWood to Wbite- for each car in excess of 50,000 in each year,
lu lt
a part ot the line between FUUburx and W I m Uiu . laidtilling
Baltim ore Belt RR. Co.— 1st mortgage 5 per cent bonds
the ••exjmttsslvs bridge"’ across Ua Miiso&pilisU River at Pittsburg.
o f 1890 due Nov. 1, 1990, not subject to call, principal and
U r n on II. <£ O. Main Line —The deed provide* that the interest payable in U nited States gold coin o f the present
“ bonds o f this issue are to be included in and entitled to all standard o f weight and fineness.
and the same security given by any m ortgage or deed o f
Authorized issue $6,000,000, all outstanding, Mortgage
trust hereafter created by the B, Sc O. RR. Co. on the whole trustee Mercantile Trust & Deposit Co. o f Baltimore.
or any part o f its main line and branches and property ] Ch ia m n tif.—Endorsed by B. & O. with agreement to pay
connected therew ith," and this is to hold good even if to the trustee A pril 1 and Oct. 1 an amount equal to the
the B. & O. shall make a mortgage “ without specific full interest ou tin* loan, under a perpetual contract, the en
ally mentioning or declaring in such m ortgage or deed of dorsement being as follows:
trust that said bonds are so entitled to said security.” In
"The Baltimore .V Ohio RR. Co. hereby agree* to pay an amount
1887 the 8 , * O. made its consolidated mortgage, already under Be perpetual am! Irrevocable contract with the Baltimore Belt
RR.
Co., for tne use of It* mail, equal to the full hi tercet on the within
described, conveying as security therefor its main line and
branches, but making ho reference to this 5 per cent loan of and other bond* of this t*«tie outetamllug, tube paid um-nmittlomilly
t« the Trustee, or ** the agency of until Baltimore Belt
1883. In view, however, o f the clause just quoted the HR. (annually
0., Hi the City of Row York, on the hut day* of April and Octo
holders of the 5 per cent tends o f 1885 claim that their ber In each year,to be applied to the payment ot such interest.
"A , witness the corporate *«il of the sind Baltimore A Ohio RR.
seetirltn** have the mm# hen on the main line and branches
Co., duly attested by its Treasurer tbi* first day of November, 1800."
as the consols o f 1887.
Abstract o f Mortgage in CHROJRCt-E, V, 53, p, 205, and
Drfau t - On default for 90 days the w hole principal sum
o f tlie outstanding tend* shall, at tin* option o f the holders contract V. 51, p. 844.
Lien.—A first Hen on the double-track road pass
o f one fourth said bond*, become immediately due and pay
able:. and upon request o f one fourth in interest o f the bond ing by tunnel and o w n cut through the c ity o f
holder* the trustee shall enforce the Pittsburg * ConmdU- Baltimore, total length, with branches, about . . 7-2 miles,
ville second consolidated mortgage, securing the $10,000,000 including all appurtenance*, equipment and franchises.
Default.—On default for f i x months the trustee, on re
pledged as security, that mortgage being foreclosable on 90
quest o f a majority interest of the bondholders, shall take
Says'' default.
Bantings,—The earning** etc., of tb* Pittsburg & Cou poosession of the property, sell it at auction, institute fore
ttetlitvitle system embraced in the loan rt 1885 is shown in closure or other suits according a* requested.
Lease.—The lease is for 999 year* from the sixth day of
the follow ing (as to the item o f charg » see “ lease " just
January, 1890. The rental, which begins when the line is
below):
open for general business, consists in fixed amounts for
\>x.
(iro n .
Chora*.*,
freight and mileage pro-rate* for passenger*. The line was
f-il 1,141
.#3.015.737
•t ,22477 a t
1 0 M 95.
700,312
1 ,3 3 1 , tat i-m* 522,142 open merely for passenger traffic during t he last tw o months
„ vcsmsjtsa
1903-M
»0 1 *5 7 l
, 3,300,002
1.224,013 1'm 2B2A42 o f the fiscal year ending June 30, 1895. The Baltimore &
IW i-'U .
1 .0 .1 7 ,4 9 0
. 3,.137,781
1 *9 1
Ohio RR. Co, agree* to make good any deficiency in the
Balance Sheet.—T lv P it' •burg Sc Connellsville balance revenues o f the Baltimore Belt RR. Co. to meet the semi
sheet, June 30, 1895, shows:
annual interest on the $6 ,000,000 five per cent first mort
Assets: Construction. $15,356,227; equipment, $1,734,412: gage bonds o f the latter company, and is entitled to re-pay
stock* and tend* of other companies. $2,802,540: sinking ment o f it* advance* from future net earnings.
fund*, etc.. $0*4,745; balance ot*-n account*. $151,041; profit
Baltim ore * New York Ry, € 0,—First Mortgage 5 per
and loss. $8,428,581; total, $29.057.130.
cent bonds o f 1889, due May 1. 1939, not subject to call.
Liabilities: Capital stock, $1,906,091; funded debt. $10,648,- Gold. Total issue $850,000, ail outstanding. Trustee Mer
2*21; real estate mortgage $6*1,WO; due B. Sc O. RIt. < o. on c a n tile Trust & Deposit Co. o f Balt imore.
general account, $6,39*2,821.
Endorsement. —Each bond is endorsed with the B, & O.’s
Lea*e. —The lease of the Pittsburg & Connellsville is for guaranty, a* follows:
50 year* from Jan. 1, 1876, and perpettial thereafter at
For » due received the Baltimore V Ohio RR. Co. hereby guarantees
option o f the B. it O. Company, l u B. iK 0. receives the the payment o f the principal and Interest scoured by the within bond,
grow revenues of the P. & C. UR. Co. and applies the ague, sic ordlng to the terms thereof.
In witness whereof the HaUlntore A Ohio HR, Co. ha* caused it*
1st, to the payment o f operating expenses, and, 3d, to the corporate « e « i t » he hereunto affixed and attested by it* Treasurer, and
parni nt of the interest on the bonded debt, including the this lost ruin exit to he signed by II* First. Vice-President thl* eighth day
annual appropriation to the sinking fund o f th first consoli of June, 1889. D ie Baltimore A Ohio RR. Co. by
Attest
First Vice-President.
dated mortgage
Any advances made by the B. & O. to pay
(Seal)
Treasurer.
the interest or appropriations to the, sinking fund* may he
Lien.—A
first
lien
on
the
line:
made up fr*.rn the earnings of anv subsequent rear or year*.
Miles.
The aggregate interest on the bonded debt of the P. & C. Rosoltu, N. J., on the Central RR. o f N ew Jersey, to the west end
o f the Arthur K ill Bridxreot the Staten Island Rapid Transit Co.S 1-3
Company, Including the $10,000,000 o f tends o f the issue of
6
INVESTORS’
SUPPLEMENT,
Earnings.—In 1894 its traffic being largely increased by
coal strikes that diverted to it Baltimore & Philadelphia
business, the gross income (all from freight) w as802,287; ex
penses, including interest, etc., 881,627. In 1893 gross in
come $81,300.
Default.—On default for ninety days holders o f one-fourth
the bonds may declare the principal due and may require
the trustee to take possession o f the property and to sell it
urc
i n to rt
[ V o l . L X II.
Guaranty. —The lease of Jan. 3, 1890, to the Central Ohio
contains the follow ing guaranty of these 4% per cent bonds:
The Central Ohio RE. Co. “ doth hereby guarantee that the first party
(the Columbus itz Cincinnati Midland) shall w e ll and tru ly make the
follow ing payments promptly as they respectively become due and
payable:”
‘ ■The principal and interest thereon at the rate of 4 ’ 3 per cent per
annum in semi-annual instalments of 2 q per cent each,” from July 1,
1890, “ upon the existing mortgage bonds and each of them o f said ■
Itrst party now outstanding to the amount of $2,000,000.”
Also from Jan. 1, 1895, Central Ohio guaranteed dividends
Central Ohio RR, Co.-Consolidated (now first) mortgage at the rate o f 3 per cent per annum on $1,000,000 of non
4K( per cent bonds of 1880. due Sept. 1. 1930. riot subject to votin g preferred stock, “ unless said stock be redeemed” at
call. Principal and interest payable in United States gold not less than par by the Columbus Sc Cincinnati Midland.
coin o f the present standard of weight and fineness.
In the same lease the Baltimore & Ohio RR. Co. (the party
Total issue. $3,830,000; outstanding. $2,500,000. Trustee, of the third part) covenants substantially as follows :
Mercantile Trust & Deposit to . of Baltimore.
The party of the third part, in consideration o f the premises, etc.,
t irst Lien on the roa d :
Miles. hereby guarantees the performance by the party o f the first p art o f
Bellaire, O., to Columbus, O....................................... ..................
137
all its covenants In this indent ire contained, and further agrees from
time to time to save harmless the party of the first part and all holders
of its m ortgage against all damages Incurred by Teason o f any breach
of any o f the covenants herein by the Central Ohio BE. Co.
Of which 38 miles are double tracked and owned and used
join tly with the Pittsburg Cincinnati Chicago & St. Louis |
Ry. to . Also covers all appurtenances, equipments and 1 Lien .—The bonds cover all the company’s property, fran
franchises, etc. 1 he mortgage covers the lease to the B. & O. chise, equipment , etc., and the road:
and all income therefrom. The equipment consists of 4 Columbus, O., to Midland City, O ......................................................71
locomotives and 60 cars.
I
Defau t —On default for 90 days the trustee, on request o f , Default. —On default for six months the Trustee may,
one fourth in interest of the bondholders, shall take posses upon request of holders of at least one-third in amount o f
sion" and sell the property, declare the principal due, etc.
|the bonds, take possession and have the property sold in
Earnings.—The gross earnings have fallen off considerably foreclosure.
Earnings.-— The B. & O. reports earnings as follows:
since the B. & O. began sending its through business
between Chicago and Baltimore via Pittsburg.
Results
Gross
Net
Rental
Balance,
earnings,
earnings, and taxes.
Loss.
show:
LESSEE’S STATEMEKT.
Brass
Net
Rentals
Year end?g Jun e™ —Earnings.
Earnings,
and rams.
1894-95............
$1,096,602
$206,833
$412,220
166.657
407,360
1893-94.................. 1.089,428
1892-93.................. 1,326.854
240,043
500,715
1S91-92................. 1,104,983
250,317
........
CENTRAL OHIO’S REPORT, TBA1I 1894-95.
Rental, etc., Organization
Interest
Dividends
Receipt'd,
Expenses.
on Bonds.
Paid.
$385,384
$10,357
$112,500
$171,594
Loss to
B. d: O.
$205,387
240,703
260,672
........
Surplus
from Lease.
$90,933
Balance Sheet.- On JuneSO, 1895, total each side, $7,718,415.
Assets—Cost o f road and equipment, $7,086,240; cash, cur
rent assets, etc., $632,175. Liabilities—Stock, $2,859,900;
bonds, $2,500,000; profit and loss, surplus, $2,358,515.
Lease, etc —The lease of the Central Ohio to B. & O. was
amended and was duly extended for tw o terms ending De
cember 1, 1926, and is subject to perpetual renewal there
after, in terms of 20 years, at the.B. & O. Company’s option.
Tiie annual rental is 35 per cent o f the gross' earnings,
which, for the fiscal year 1894-95, amounts to $383,810. the
B. & O. furnishing the equiiiment and also paying taxes,
not exceeding $35,000.
The Central Ohio guarantees the $2,000,000 of D f per cent
bonds of the Columbus & ( inemnati Midland RET. Co., and
under lease guarantees interest on $2,300,000 Sandnsky
Mansfield & Newark 7 per cents. See each of these com
panies below. The B. & O. covenants that the Central
Ohio w ill fulfill its guaranty.
1894-95.................
$399,910
1893-94.................
347,300
1892-93.......................... 372,526
1891-92........................... 347,647
$98,004
75,732
34,613
22,769
$119,400
110,782
108,892
109,800
$21,396
35,050
74,279
87,031
The rental for 1894-95 was $110,400, from which was paid:
Interest on bonds, $95,400; 3 per cent dividends on preferred
stock, $15,000.
Balance Sheet— June 30,1895: Assets—Cost o f road, $3,958,801; equipment, $257,563; profit and loss (deficit), $23,636;
other items, (?).
Liabilities—Stock, $3,000,000; bonds,
$2,240,000.
Lease—The lease is fo r 999 years from January 1, 1890.
The rental is 4% per cent per annum, payable semi-annually,
upon $2,000,000 of first mortgage bonds and 3 per cent per
annum payable semi-annually, commencing w ith January
1, 1895, upon $1,000,000 of preferred non-voting stock.—See
“ Guaranty” above.
Monongaliela R iv e r R R . 1st M. 5 per cent bonds o f 1889,
due Feb. 1, 1919, not subject to call; principal and interest
payable in law ful gold coin o f the United States of Am erica,
o f the present standard o f w eight and fineness, without
deduction for any tax which the company m ay be required
to pay by the United States or the State of W est Virginia.
Total issue, $700,000, all outstanding. Trustee, M ercantile
Trust & Deposit Co. o f Baltimore.
Guaranty.—The bonds bear the follow in g endorsem ent:
For value received, tbe Baltimore & Obio KB. Co. hereby guarantee
payment o f the principal and interest secured by the within bond
according to the terms thereof. In witness whereof the Baltimore &
Ohio KR. Co. has caused its corporate seal to be hereto affixed and
attested by its Treasurer, and this instrument to be signed by its
President this 21st day o f February, 1889. by
W. H. U ajis . Treasurer.
Ohas . F. M a y e r , President.
Cleveland Term inal & V alley R E .- 1st. M. 4 per cent
bonds, dated 1895. due Nov. 1, 1995, “ principal and interest
payable in United States gold coin of the present standard
of weight and fineness,” * * * “ without deduction for
Lien.— A first mortgage on the road :
any tax or taxes which the railroad com pany inay be re
&s
quired to retain or deduct therefrom under any present or Fairmount, W est Ya., to Clarksburg, W est V a ............................... JM'iX32*
future law o f the United States or of the State of Ohio,”
W ith all appurtenances, equipment and franchises, and
Total issue authorized and outstanding, $6,000,000.
Guaranty. —The Baltimore & Ohio RR. Co. owns the entire all profits under a traffic agreement w ith the B. & O. dated
Jan. 24, 1889, to which agreement this mortgage is subject.
capital stock, and has endorsed each bond as follows;
Default —On default for ninety days the trustee, on request
For value received tbe Baltimore & Ohio ER. Co. hereby guarantees
unconditionally, the punctual paym ent ol the principal and interest o f of one-fourth in amount of the bonds, shall take possession
the within bond at iho time and in the manner therein specified and and sell the property an d declare the principal due.
covenants in default of payment of any.part thereof by the oblbrnr to
Earnings.—The road, which is operated as an independent
pay the said principal and interest of the within bond as the same line, reports:
shall become duo upon demand o f the bolder hereof
[Signed by President. Witnessed by Secretary],
Lien.—The bonds cover the road extending as follows:
Leai •
Gross.
1 *9 *......................$229,986
1893................ .. 180.053
1892...................... 148,545
Net.
$143,962
98,965
83,515
Interest.
Taxes.
$35,000 $3,041
..
.......................
Balance»
$105,921
.
........
Cleveland via Akron and Canton to V aliev Junction, all in Ohio ^ 7 5
Branches about......................................................... .7
13
Traffic is mostly coal and coke. Percentage of operating
expenses to earnings in 1894 was 37‘4.
Also all equipment, franchises, etc., and especially all real
Balance Sheet.— Dec. 31, 1894:
estate in Cleveland.
Assets— ' (instruction and equipment, $2,035,527; car trust
Earnings.—This company was form erly the V alley RR
$305,250; accounts receivable, $86,849; treasury stock,
Co. The reorganization in 1895, it is believed, has improved assets,
$25,600; total, $2,453,226,
greatly the company's earning capacity. It is interesting,
however, to note that the old company when in receivers’ , . , ; y ^ i Uties^ took’ $1)300,000; bonds, $700,000; car trust,
$197,953; accounts payable, §26,750; profit and loss surplus,
$228,o24; total assets, $2,453,226.
1|658to9 1 5 l e i8593a 9 i 804‘ 95
° f S728’ 928’
Default.- On default for six months the Trustee, upon the
Somerset & S tra itsville RR. 1st m ortgage bonds
written request of a majority of the bonds, shall take pos ? L i 8 T’T6? teilded at 5 Per cent interest in 1889, due Nov. 1,
session. shall sell the property, shall foreclose the mortgage 19~J. Understood to be payable in gold. Total amount auth
and declare the principal due, as requested bv said ma- orized and outstanding, $800,000.
jority.
R ef tal Guaranty.—Leased to the Baltimore & Ohio RR.
Columbus & Cincinnati Midland R R . 1st M. 411 per cent Co. tor 40 years from Nov, 1, 1889, the lease being subject
bonds dated 1884, due Jan. L 1939 (form erly 6s. due J a m R to perpetual renewal thereafter at the B. & O. Co.’s option.
-’ l4™ ' 1 m terest reduced to 4% per cent and bonds extended 1he annual rental is 30 percent o f the gross earnings, which,
tor the year 1894-95, amounts to $37,072, but the minimum
to l. o,-) iiot subject to call; payable “ in law ful money of
the United .States of Am erica.” Total issue, all outstand- len tal is not to be less than $40,000 per annum, which is the
interest at 5 per cent on the $800,000 bonds." For any ad
Y o rk *3’U00’0<J° ’ TrUStee Farmers’ Loan & Trust Co,, New vances to pay this minimum, the B. & O. is entitled to reirn- *
bursement from the receipts o f any subsequent year.
BONDS.—BALTIMORE
Lien.— A first mortgage on the road :
Miles.
.... — ...............—
M
Newark, Q., to Shawnee, O...... .
W hether the mortgage embraces the branch 3 miles in
length, equipment, etc., does not appear. The equipment,
June 30, 1895, was: Engines, 2; cars, none reported.
Earnings. —The earnings are reported as follows :
& OHIO
SYSTEM.
leased from the lieu o f the mortgage. Considerable money
has been spent by th e‘ r. & M. in rebuilding and double
tracking said 11 miles to m ike it a part o f the -through
route to Chicago.
See Pittsburg & Western first and
second mortgages, Pittsburg Cleveland & Toledo first mort
gage and footnote “ A .”
Pittsburg * Weatoru—1st (consol.) m ortgage 4 per cent
dross
Net
Interest
Other
Loss
Maminas. Markings, on Bawls. Ok urges. f o r Tear. bonds o f 1887, due July 1,1917, payable principal and in
•:>S.....
fL2S,*72 def. $2,015 $40,000
$3,116 ' 8*5.130 terest in United States gold coin o f the present standard of
....... 00,623 (1 i. 12.-114
40,000
..
......
Total authorized. §10,000,000, o f
1002-03.......... 148.554 def, 8,029
..
....... weight and fineness.
1391-02........... 140,970 dot. 10,627
...
....... which §300,000 reserved to take up underlying liens, viz.:
Pittsburg New Castle & Lake Erie 7s for §319.000, due
Balance Sheet—June 80, 1895 :
Assets—Road and equipment, §2,203.178: profit and loss June l , 1898. and old Pittsburg & W estern 6s for §81,000, due
Oct. 15, 1900, Trustee Mercantile Trust Co., New Y o rk City.
deficit. §316,672; total, $2,519,830.
Liabilities—Stock, §1.026,300; bonds, §300,000; current Abstract o f mortgage deed in C h r o n ic le , Y . 43, p. 439.
Lien—The mortgage covers the road:
liabilities, §093,350; total, §2,519,850.
Tear—
P ittsb arg Cleveland & Toledo 1st M. 6 per cent bonds,
dated 1882, due Oct. 1, 1923, principal and interest payable
in gold coin of the United States o f the present standard of
weight and fineness, free and clear o f all taxes and assess
ments which the railroad company mayba required to w ith
hold, the railroad company agreeing to pay the same. Total
authorized issue. §2,400,000, all outstanding. Trustee Cen
tral Trust Co., New' York.
Guaranty.—Each bond is endorsed with an agreement
signed by the Pittsburg & Western. Pittsburg Cleveland &
Toledo and Baltimore & Ohio, by which the B. & O., in con
sideration o f the transfer to it o f 15,00(1 shares o f P. C, & T.
stock, guarantees that the P. & W ., as lessee, shall pay
monthly to the mortgage trustee §12,000 rental to meet the
interest on this loan, and the P. & W . covenants to forfeit
its lease o f the P. C. & T. to the B. & O. in case the P. & W .
fails to pay to the account o f the trustee §300 daily in each
month until the §12,000 is fu lly paid.
Lien.—A first mortgage on the road:
Woods Run, Allegheny, to North S ew lek ley.................................
Subject as to 30 miles w estof Allegheny to $300,000 under
lyin g bond*.
Rook Point to N ew Castle......................................... ....................
Branch in C ity o f A lle g h e n y ..........................................................
Caltery Junction to B u tler.............................................................
Butler to Mt. Jewett (narrow ga u ge)......................... ..................
Branches to Kane, Clarion and Crowthers...................................
Miles.
y-16
jfll
3
13
126
11
Total (with all equipment, appurtenances, e tc .)....................
210
N o t e .—T A line from North Sowlokley to Rock Point, 3 miles, was
formerly under this mortgage, but a new out-off having been built
under the title of the Elwood Short Line RR. between those points,
and bonded for $300,000 first mortgage bonds, the old line was
abandoned.
The application to list the bonds, which was dated Nov.
17, 1887. states that the mortgaged road extends along
almost the entire water front o f Allegheny C ity (about 7
miles). The application also states that the company has
deposited with the mortgage trustee §375,000 o f the Trum
bull & Mahoning RR, Co.’s $500,000 stock and §150,000 of its
first mortgage bonds, same having been issued in payment
M ile . for lands at Youngstown, O., which, as permitted by'mortHew Castle Junction, Pa,, to Akron Junction, 0 .......................
77
gage, were deeded to the T. & M. RR. Co. See foot note “ A . ’
.Volt.—Between Nile * & Youngstown. 11 miles, the line chiefly, it
The equipment o f the P. & W . proper June 30, 1895, was:
not exclusively, used i* understood to be the double trick ed road of
the Trumbull <t Mahoning ISK. Co.
Locomotives, 93, o f which 22 narrow gauge; passenger cars,
The Pittsburg & Western report for the rea r ending June 30, o f which 20 narrow gauge; freight cars. 4.498, o f which
511 narrow gauge.
30, 1895, says: .
Default —On default fo r si c month < the trustee, on request
"Since the close of the fiscal year Arrangemen!* hare been made by
which the company will be reimbursed to the extent of about $1,000,- of holders o f a majority o f the bonds, shall take possession
000 for advances to the Pittsburg Cleveland A Toledo Hit. Co. and for and operate, or sell the property as requested.
the transfer to said company of the Pittsburg A Western interest in
Earning» —The earnings for the system were in the
the Tmm btdt £ Mahttnmg KH, C o," This refers to the making by the
P .C AT. of a consol mortgage for §4,000,000. A» to Trumbull <& Chro nicle , V. 82, p. 454, They are also given in the state
Mahoning, see foot note "A."
ment for P. & W ., this Su ppl e m e n t . For the road proper,
Also all rolling stock, appurtenances, etc. The equipment ! exclusive o f leased lines, the gross earnings for the year
on the road June 30, 1895, was: Locomotives. 17: passenger } 1894-95 were §1.677,615, against $1,348,981 in 1893-94, w hile
the net earnings, before deducting taxes, were $575,462,
care, 30; freight cars, 713, of which 898 are gondolas.
Default,—m case o f default for six months the trustee, against §416,060 in 1893-94.
Ft,dunce Sheet. —The balance sheet o f June 30, 1895, was in
upon request o f holders o f a majority o f the bonds, shall
take possession, sell the property, or seek any other remedies the CHRONICLE, V. 83, p, 454. In it the advances to sub
sidiary lines. §1.747.990, includes: T o Pittsburg Cleveland &
allowed by law.
Toledo, §728,582: Pittsburg Painesville & Fairport, §446.991;
Earnings— i he earnings are reported ms follows:
dross
Met
Other dr- Pittsburg & Northern. $18,198; Allegheny & Lawrence RR.,
Year—
earning*, earnings.
Interest
Taxes. Unctions.
§4,600; Trumbull & Mahoning RR,, §549,817.
1864 90........... #020,006
#270.031 #144,000 #14.230 $67,167
1093-94 .....
680,002
190,725
144.000 12,750 31,230
Pittsburg & Western second mortgage 5 par cent gold
u ........... 7s7,7i>0 r-!,:J!>l
Uf.Ooo
10,900 ..........
1801-92................ 1W5.163
114.070
144,000 11,328 ... . . . . bonds of 1391, due May 1, 1941. Total authorized. §3,500,000,
all outstanding, o f which §1,620,000 used to pay floating
189001...........
163,204
#9.909
144.000 12,730
.......
Balance, surplus in 1894-93. $31,215, against $2,745 in ! debt, §120,090 for equipment, §360.000 for rebuilding and
1893-94. Deficit in 1899-93, §3.109; in 1891-92. §41.240.
|straightening the line, reducing grades, etc., §900,000 for
Balance S h a t—June no. 1895: Asset*— Rond and equip double tracking. §431,001) in payment o f car trusts, remain
ment, §3,882.012; cash, etc., $57,499; profit and loss, deficit, der for improving terminals. Trustee, Mercantile Trust Co.,
§385.917. Liabilities—Stock, t3.00o.WK); bonds, §3.400,000; New York City.
Lien.—Subject to the mortgage o f 1837, these bonds cover
current liabilities, §625,428; total. §6.025,428.
A consolidated mortgage has since been made for $1,000,- the P. & W . road, 210 miles, above described, w ith all equip
ment and appurtenances, also lands in Allegheny County,
960, as n # m stated.
Lease—Leased July 15, 1884, for 90 years to Pittsburg & etc. The mortgage also covers all the common stock
(§800,000) o f the Pittsburg Painesville & Fairport Ry. Co,
Western on guarantee of bond interest.
and two-thirds o f its preferred stock. §169,000 out o f §350,000,
Pittsburg Pulnesritle & Fairport— First mortgage 5 per and other property acquired with proceeds of the loan .
cent bonds, dated 1886, due July 1, 1916. Payable principal The application to list the bonds on the New York Stoc k
and interest in United States gold coin of the present Exchange, under date o f March 14, 1893, also says :
"The mortgage under which those bonds 'are issue t] Is a first, lien o
standard value. Total authorized, §1.000,009, all outstand
valuable terminals In Youngstown, O.. and mt a dunbto track roa
ing, Trustee, The Mercantile trust Co.
which we are now constructing to avoid delay oaused by ntunarou a
Guaranty A I setter.— 1h- 32 miles from Fairport to Niles lt*ad# browsing* to and about Youngstown. This new line crosses th e
were leased Oct. 7,1886, for 99 years to the Pittsburg & Mahoning R iver at Hasteton, O., and follows the south bank o f the
Western, lessee to maintain road, pay taxes and assess river for 12 miles, reorosslng the riv er at Niles, G."
ments, the lessor to receive all local earning# and proportion
By those terminals and the new line 12 miles in length is
of otiu-r earnings on pro rata mileage basis, each party to evidently meant the property o f the Trumbull & Mahoning
provide its proportion o f equipment. The lease provides for RR., to which reference is made below and in foot note A.
payment of interest on the first mortgage bonds.
These bonds, therefore, appear to cover the leasehold inter
Lien.—-The mortgage says these bonds “ cover all the rail est in this property. The present second mortgage says :
road and telegraph lines which prior to the foreclosure sale
It being understood and agreed, however, that the leasehold Interest
above-mentioned belonged to the Paineville & Youngstown for 9!*9 years o f the Trumbull A Mahoning * K , Oo,. in the port ton of Its
Ry, Co, extending from the south shore o f Lake Erie at or line between Still Street, in Youngstown. Ohio, and Niles, Ohio, under
near the mouth o f Grand River * * * to and into the
N ote .—" A ." T h « Trumbull A Mahoning RR. Co. ou Out 15,
city of Youngstown," with branches or extensions built and 1887,
leased, subject to the bonds thereon, from the Pittsburg
to be built, all lands, rolling stock, etc. In other words painesville A Fairport KR, for 999 years, the I I miles o f road between
M ill Street In Youngstown. O., and Nllos. O., tin- rental being com
they are a first lien on the road:
In advane**, and also acquired from the Pittsburg A Western
Purport, O., to Youngstown, O................... *....... -....... ilihs,
63 muted
lands for terminal* in Young-town. To represent the lands, $375,000
Of the above, 11 miles from Niles to Youngstown were T. A M, stock and $180,000 bonds were deposited under the P, & W.
subsequently leas»d to the Trumbull & Mahoning RR. Co. first mortgage. 1X1693, the line ext-nded from Hasleton to Niles 12
and was tieing double I racked. Tit 1896 the P itts b u rg * Western
for 999 years, the rental being commuted in a lvance. and miles
was proposing to convey Its interest In the road to the Pittsburg Cleve
are no longer included in the mileage o f the Pittsburg land & Toledo. The T. & M. In 1887 had outstanding capital slock
Painesville & Fairport. The lien o f this mortgage, how $500,000, all owned, It was officially stated, by P, * W. [partly pledged
ns above mentioned] and $250,000 bonds [8175,000 pledged),
ever, is not disturbed by the lease, it having been stipulated however
which w ere all that had then been issued. Present oApl&llzatlon
m the deed of trust that no part of the main line should be re u n k n o w n .
8
IN V'ESTORS* SUPPLEMENT.
in.ioninr,, of lease between the Pittsburg P aln ea vlU ei Fairiiort By.
O
o
M aKnlnK RK., dated Oct 15 1h87. m aybe
iS .Jlr.'d h' r. umb r. and It -o acquired may bo acquired
to the
ui.n of the first mortgage o f tho Pittsburg PalneovUle Falrport uK.,
but only no tar a* said Boa may attaoh thereto.
Default.- -On default for nix months the Trustee shall,
a [Kin reque st of the holders of a m ajority o f the bonds, take
possession, opticrate and sell the property, as requested.
June 30, 1895, was: Locomotives, 7;
The road equipment J
freight car 512,"of which 451 gondolas.
Dtefault ■_On default for six months the trustee shall, on
request of holders of one-sixth of the bonds, cause the property to be i old in foreclosure, etc.
— T h o e a rn in g s a re re p o rte d as fo llo w s , th e in te r
Sam i
est on bonds in 1894-95 in c lu d in g th e $250,900 te rm in a l b on ds:
arose
yet
Interest
Earnings. Earnings. on Howls, Taste, etc. Balance.
Tear—
tier. $10,790
1894-95... ....... $370,182 $64,260 $02,500 $12,550
11,700 def. 25,129
294,095 49,071
62,500
1898-94..
16,423
dot.
4,979
293,578 61,444
50,000
1890-91...
8,617 sur. 36,143
r " . ; . 280,073 94,790
50,000
[ Y o l . L X II.
Default.— On default for ninety days the Trustee on re*
quest of on e-fou rth , the bonds shall take possession and sel
the property in foreclosure.
Earnings.— The Pennsylvania State report on railroads
gives the following:
1893-94. 1892-93.
l « 9 l 92.
1890 9L.
Year—
1894-95.
Tonnage...... 2,376,360 2,194,444 2,393,651 2,092.091 2,036,993
987,474
935,975
Passengers..
819,156 1,095,946 1,205,969
In c o m e ........ $283,162 $300,153 $343,543 $205,495 $281,011
233,391
242,038
225,000
225,000
Expenses___
2 42,282
The expenses in 1893-94 were interest on bonds, $225,000 ;
taxes, etc., $8,391.
,
Balance Sheet— June 30, 1895, the balance sheet showed:
Assets—Cost o f road, $9,000,000; cash and current assets, $238,907;
t0lJabflit7(«-S tock, $-1,500,000; bonds, $4,500,000; profit and loss
surplus, $238,907.
Staten Island Rapid Transit.—First mortgage 6 p ercen t
bonds of 1884, due Jan. 1, 1913, payable, at option o f holder,
in $1,000 United States gold equal in w eight and fineness to
the present standard, or in £200 sterling. Sinking fu n d was
,,
Balanc e Sheet J u n e80, 1895:
Assets-—Road and equipment, $2,771,484; profit and loss to receive yearly an amount of cash equal to 4 per cent o f
the total loan, for purchase of bonds at not exceeding 105.
deficit, $133,873; total, $2,905,857.
Liabilitie -Stock. $1,050,000; bonds, $1,250,000; current The bonds are not subject to call.
Lien.—These bonds cover the entire road o f the company
liabilities, $605,357; total, $2,905,357.
Sandusky Mansfield & Newark UR.—1st mortgage 7 per built and to be built in Richmond County, N. Y ., from Rich
cent bonds of 1869, due Jan. 1, 1909. Total amount author mond Avenue in town of Southfield to the waters o f the K ill
ized, $2,325,000; outstanding, $2,300,000. Payable in lawful von K u ll opposite Elizabethport, with all leases, franchises,
monev of the United States, Trustee Union Trust Co., rolling stock, etc.
Staten Island Rapid Transit.—Second mortgage 5 per cent
New York.
_
Rental Guaranty.—The road is leased to the Central Ohio bonds of 1886. due Jan. 1,1926, payable principal and interest
RR.. the lease as renewed running until Dec. 1, 1926, with in United States gold coin o f the present standard w eight
option of perpetual renewal. Rental, $201,850 per annum, and fineness. Total authorized and outstanding $2,500,000.
about equal to interest on bonds and 3 to 3‘4 p. c. on $1,080,G uaranty—The bonds carry the follow ing endorsement.
350 stock, and also taxes. The lease has been assumed by
“ For vaiue received, the Baltimore & Ohio Railroad Com
the 15. & 0.. and the bonds are endorsed with the following pany hereby guarantee the payment of the principal and
statement regarding the lease which was made by the Sec 1interest secured by the within bond according to the tenor
retary of the S. M. & N.:
thereof.
[Signed by Secretary and President or V ice” l hereby oertlfv that tho Sandusky Mansfield & Newark RE. Co.
President.J”
has least-a Its road to tho Central Ohio RR. Oo. for the term of seven
The
B.
&
O. uses the road to move freight between Arthur
teen years and live months from July 1, 1869, renewable at the option
K ill Bridge and St. George, using its own cars, paying all
of the Lessee for successive terms of twenty years forever. * *
The Lessee covenanted to pay out o f the rent the coupons on said new train expenses and ten cents per ton trackage on all such
bonds [of which this is one) during the continuance of the lease, or
freight moved.
any renewal thereof, at tile time and place when and where they
Lien.—-The mortgage says the bonds are to cover all and
should lie made payable: and the Baltimore & Ohio Railroad Company
1» a party to said lease, and guarantees that tae lessee will pay said
singular the road constructed and to be constructed: Be
Interest and perform all its covenants therein ooutained.
ginning at near N ew Dorp lane in the town of Southfield to
[Signed]
L. X. T r a c y , Secretary.”
the waters o f the Arthur K ill, opposite Elizabethport; also
Lien.—The bonds are a first lien on the road.
the bridge across the Arthur K ill, docks, wharves, ferry
Sandusky, 0., to Newark, O ................................................... Miles. 116 boats, rolling stock and all rights and franchises except the
W ith all rolling stock, appurtenances, etc. The rolling franchise to be a corporation.
stock June 30, 1895, consisted of 35 cars; no engines.
The company owns main line 10’9 miles from Tottenville
Default.—On default for fo u r months the whole principal to Arthur K ill bridge; second track, 9’8 miles; sidings, etc.,
sum shall become due and the property shall be sold.
8’8 miles. Locomotives owned, 13; passenger cars, 75;
Earnings.—The earnings are reported as follows:
freight cars, 8.
LESSEE’ S STATEMENT.
The road and rolling stock, as above, are subject to the
L
08S
to
Rental
Gross
Uet
prior lien of the first mortgage, but on the Arthur K ill
lessee.
Tear—
earnings, earnings. and taxes.
1894-95............................. $714,171 $108,487 $228,522 $120,035 bridge (cost to June 30, 1895, $451,374) the second m ortgage
97,537 bonds are understood to he a first lien.
223,936
1893-94............................. 706,093
126,400
220,090
30,611
1892-93............................. 946,261
189,479
Default.— On default in payment of interest, the principal
166,605 sur.27,521
1891-92.............................. 1,031,921
194,126
of any bond shall at the option of the holder become im
From the rental received ($201,850) the Sandusky Mans mediately due and payable, and if requested by one-fourth
field & Newark in, 1894-95 paid interest on its bonds, $161,000; the bonds the trustee must declare the entire principal
dividend on stock, 3l7 per cent. In year 1893-94 organiza sum due and payable; and on request of a m ajority o f the
tion, etc., expenses were $5,537. The dividends from 1891- bonds shall take possession, foreclose the mortgage, etc.
1894 were 3 per cent yearly.
Earnings.—Of the gross earnings for 1894-95 $129,614 was
Balance Sneet.— June 30, 1894:
from freight [against $99,799 in 1893-94]; from passengers
Assets—Road and equipment, $3,368,400; cash and current $445,961, against $448,375; from ferry $265,344, against $458,assets, $136,634; sundries, $17,969; total, $3,523,003.
762; balance miscellaneous. The earnings show :
Liabilities—Stock, $1,068,400; bonds, $2,300,000; current
Gross
Net
Interest and
Taxes
liabilities, $99,898; profit and loss surplus, $53,175. June 30,
Tear.
earnings.
earnings.
rentals.
paid. Balance.
1895, it is understood the profit and loss surplus had been 1894-95.... $875,313
$386,084
$301,805
$25,131
$59,148
1893-94....
1,031,373
366,642
282,006
27.620
57,015
reduced to $5,641 and current liabilities to $78,562.
1892-93.... 1,054,031
337,967
269,755
24,800
43,412
Schuylkill R iver East Side RR. —1st mortgage 5 per cent 1891-92.... 1,046,632
354,241
..................................................
bonds of 1886, due Dec. 1, 1935; not subject to call; payable
Interest in 1894-95 amounted to $219,910; rental of Staten.
principal and interest in lawful gold coin of the present Island Ry. to $81,894.
standard of weight and fineness. Total authorized, $4,500,000,
The ferry became a separate corporation in November,
all outstanding. Trustee. Pennsylvania Company for Insur 1894, which accounts for the falling off in the earnings fo r
ances on Lives and Granting Annuities.
the last year.—V. 59, p. 782.
Guaranty and Lease.—The entire property is leased for 999
Balance Sheet.—The balance sheet June 30, 1895, shows
years under date of Nov. 6, 1885, to the B. & O., the Balti current assets as follows: Cash, $59,005; bills receivable,
more & Philadelphia (controlled by B. & O .) and the Phila $5,000; due by agents, $44,348; open accounts, $353,607;
delphia & Reading, an arbitrary allowance being paid over material, supplies, etc., $33,242; total, $495,203. Current
as rental, which the lease provides shall not be less than liabilities: Loans and bills payable, $784,497; open accounts,
$225,000, r e., interest on the $4,500,000 of 5 percent bonds. $102,288; vouchers and pay-rolls, $135,564; rental and in
Each bond is endorsed with the following:
terest, $97,619; total, $1,119,967.
For value received, the Baltimore & Olilo RR. Oo. hereby guarantees
payment of the principal and Interest secured by toe within bond
according to the tenor thereof. [Signed by President and Secretary.]
West Virginia & Pittsburg R R .—First mortgage 5 per
cent gold bonds of 1890, due A pril 1, 1990. The property
Lien —The mortgage covers the entire line of railroad of mortgaged is described in the company’s statement in this
the company constructed and to be constructed, with all S u p p l e m e n t , The company’s annual report was in the
branches, etc., as follows :
C h r o n i c l e of Jan. 11, 1896, p. 82. The Baltimore & Ohio
Miles. Railroad Company has leased the W est Virginia & Pitts
Philadelphia & Reading Junction to Park Junction.....................
3-8
Branches—East Side, Philadelphia, to Reed Street. Philadelphia. 5-4 burg Railroad for 999 years from January 1, 1890, and has
To Point Breeze, Snyder Ave., stock yard & saltworks. 18 guaranteed the interest on these bonds, the guarantee being
endorsed upon each bond as follows:
Total (with nil equipment, buildings, franchises, etc.)............ 110
Bridges. 2 iron; trestles, 5, aggregating 200 feet; tunnels, 2, aggre
gating 3,990 feet.
The mortgage is made subject to the above-mentioned
lease so long as the terms of the lease are performed, and
conveys as additional security all rentals at any time pay
able by the lessees.
“ Tlie Baltimore & Olilo RR. Co. hereby agrees to pav an amount
under Its lease of the West Virginia & Pittsburg RR, Co. equal to the
full interest on the within and other bonds o f this issue outstanding,
tu be paid unconditionally semi-annually to tho Trustee on the 31st
day of March and the 3oth day of September of each year, to be ap
plied to the payment o f such interest. As witness the corporate seal
of the said Baltimore & Ohio Railroad Company, duly attested by its
Treasurer, the first day o f April, 1890.”
INDEX.
A p r il , 1896. j
IN D E X
TO
9
COMPANIES— CONSOLIDATED,
&c.
Companies not given in the S DTP l e n ie n t tables in their alphabetical order may be found by reference to the Index below.
W I L L BE F O U N D U N D E E —
AbbCTYille & W aycross................. Georgia & Alabama.
Akron & Chicago Junction.......... ..Baltim ore «fc Ohio.
Alabama C e n tra l.........................Southern R ailw ay Co.
American Dock A Improvement Co..Central of New Jersey.
Annapolis & Balto. Short Line. . — Baito. & Annapolis Short Line.
Ashtabula A Pittsburg..
...... PinsburgYoungstown & Ashtabula.
Aspen Short L in e ........................... Atchison System—Colorado MidTcl.
Atchison A N ebraska...... . . . . . . . . . . Chicago Burlington & Quincy.
Atchison A Pike’s P ea k ......... ........Central Branch Union Pacific.
Atlantic A Gulf...... ..................
.Savannah Florida A Western,
Atlantic Mississippi A Ohio___......N orfo lk A Western.
Atlantic A N o rth w est....... ............Canadian Pacific.
Atlantic A P a c ific ........... ......S e e Atchison System.
Augusta A K noxville.......................P ort Roval A Western Carolina.
Baltimore B e it . .. .. . . . . . . . . . . . . . -...B altim ore A Ohio.
Baltimore A Cumberland................Western Maryland.
Baltimore A H a n o ver.
...........W estern Maryland.
Baltimore A Harrisburg... . . . . . .....W estern Maryland.
Baltimore A New Y o r k .... . . . . . .....B altim ore A Ohio.
Baltimore A Lehigh B R .. . . . . . . . . . . York Southern.
Battle Creek A Sturgis.................. .Lake#hore A Michigan Southern.
Bay City A Battle Creek........... ....M ichigan Central.
Bellefontame A Indiana...... .Clev. tin . Chic. A St. Louis.
Belleville A Curondeiet................... Illinois Central System.
Belleville A Eldorado..... — .......Illin o is Central System.
Belleville A Southern Illinois...... . .Illinois Central System.
Bell's Gap...... .......... ............... ....Pennsylvania A Northwestern.
Birmingham Equipment................ Kansas City Memo. A Birmingham.
Boone ville Bridge......... .......... .....M issouri Kansas A Texas.
Boston Clin. Fitch. A New B ed .....O ld Colony.
Boston Concord A M on treal.......... Concord A Montreal.
Boston Hoosac Tunnel A Western. .Fitchburg.
Boston A N, Y. A ir L in e ...--------- N. Y. New Haven A Hartford.
Boston Win thro p A Shore,.----.....B o sto n Revere Beach A Lynn.
Brooklyn A Montauk.......... ..........L o n g Island,
Brunswick A Cbiilicotiie
....... ..Wabash.
Bnstswick A W estern.............
Savannah Florida A Western.
Buckingham R ailro ad .... . . . . . .....*Che«ajp«ake A Ohio.
Buffalo A E r ie ................................Lake Shore A Michigan Southern.
Buffalo New York A Philadelphia,. Westens New York A Pennsylvania,
Buffalo A S o u th w es te rn .............E rie M L
Burlington A Missouri R iv e r.. . . . . . .Chicago Burlington A Quincy.
Bosk Tunnel...................................Atchison Sva.—-Colorado Midland.
NAMB.
W I L L B E FO U N D U N B E B —
De Bardeleben Coal & Ir o n ...........Tennessee Coal A Iron (Miscel.)
Delano Land...... .............................Lehigh Valley.
Denver Paeitto................................Union Pacific.
Denver A Bio Grande W estern ...... Rio Grande Western.
Denver Texas A Fort W orth ...... ...U n ion Pacific Denver * Gnlf.
Denver Texas & G ulf.......................Union Pacific Denver & Gulf.
Des Moines A Minnesota................ Chicago A North Western.
Detroit A Bav C it y .........................Miohigan Central.
D etroit B oy City A Alpena...........D etro it & Mackinac.
Detroit Maekinae A M arquette...... See Miscellaneous Companies.
Detroit Monroe A Toledo................ Lake Shore A Miohigan Southern.
Distilling A Cattle Feeding...........A m erican Spirits Manufacturing.
Duck R iver..................................... Na-shville Chattanooga A St. Louis.
Duluth A Manitoba........................ Northern Pacific.
Duluth Short Lin e.......................... St. Paul A Duluth.
Dutchess County............................ Phila. Reading A N ew England.
B ast Line A Red R ive r....................Missouri Kansas A Texas.
East R iver Gas..............................N e w York A East R iver Gas.
East Tenn. Va. A G a ..................... Southern Railway.
Eastern o f Massachusetts...............Boston A Maine.
Eastern of Minnesota..................... Great Northern.
Easton A Amboy ............................Lehigh Valley.
Easton A Northern......................... Lehigh Valley.
Elisabethtown Lexing. A BIgSandy.Chesapeake A Ohio.
Elmira State Line.......................... Tioga RR,
Erie A Kalam azoo...........................Lake Shore A Michigan Southern.
Escanaba A Lake Superior...... .......Chicago A North Western.
European A North Am erican.........Maine Centra!.
Evansville A Crawfordsville...........Evansville A Terre Haute.
Evansville Henderson A Nashville.. Louisville A Nashville.
Evansville Rockford A Eastern...... Louisville Evansv. A St. L . Consol
Fargo A Southern........................... Chicago Milwaukee A St. Paul.
Florida Southern............................Savannah Florida A Western.
Fort Smith A Van Boren B ridge.... A tohison 8ys.—Si. Lo. A San Fran.
Franklin A PittayIvania................Southern Railway.
Fremont Elkhorn A Missouri V a l... Chicago A North Western.
Georgia Midland A G u lf................ Georgia Midland By.
Georgia Pacific .............................Southern Railway.
Grand Rapids Lam ing A D etroit....D etroit Lansing A Northern.
Grand Rapids Newaygo A I - Shore.Chicago A West Michigan.
Grand R iver Valley.........................Michigan Central.
Greenfield A Northern...................Kansas City F t Scott A Memphis.
Cairo Arkansas A Texas . . . . . . . . . . . .MissouriPacific-—St. L. L M. A So.
Harlem River A Portehester......... N ew York New Haven A Hartford,
Cairo Short Lin e— . . . . . . . . . . . . . . . . .Illinois Central System.
Hasting, A Dakota......................... Chicago Milwaukee A St. Paul.
Cairo Vincennes A Chicago . . . . . . . . .Cleveland Cin. Chicago A St. Louis.
Helena A Red Mountain............. ...Northern Pacific.
California A Oregon.. . . . . — ----- - . Central Pacific.
H ereford ......................................... Maine Central.
Canada Central...... .................. . .Canadian Pacific.
H olly Wayne A Monroe......... ........Flint A Pere Marquette.
Cape Girardeau Southwestern— . .St. L. Caiie Girardeau A Fort Smith. Houa&Umio......................................New York New Haven A Hartford.
Carbondale A Shawnaetown—
.Illinois Centred System.
HuntlnburgTell City A OanneUton.Louisv. Evansv. A St. Louis Consol.
Cedar Rapid* Iow a Falls A >*, w , . Burlington Cedar Rapids A North’n. Huntington A R ig Sandy................Ohio River.
Cedar Rapids A Missouri R iv e r.... .Chicago A North Western.
Illinois A St, Louis ........................ I-oUlSvIUo Evansv. A 8t. L. Consol.
Central o f G&. BR. A Banking......„ Central o f 0a» By.
Indiana Block Coal— ........ ..........Chicago A Eastern Illinois.
.Iow a Central.
Central Iow a . . . . . . . .
Indiana Bloomington vfestern______ Peoria A Eastern.
Central Washington. . . . . . . . . . . . . . . . . ,.Northern Pacific.
Indiana A Illinois BcmtHern...........St. Louis Indianapolis A Eastern.
Charleston Cincinnati A Chicago. .Ohio Ri ver A Charkt^ton.
Indiana A Lake Michigan................ Terre Haute A Indianapolis.
Charleston Sumter & Northern... ..Charleston A Northern,
Indianapolis O n A Lafayette— ...Cleveland Cin. Ohio. A 8L lamia,
Charlotte Columbia A Augusta.. .Southern Rail way,
Indianapolis Decatur A Springfield.. I ndiann Decatur A Western
Charlottesville a K apklan. . . . . . . . .Southem R ailw ay.
Indianapolis A St. Louts..................Cleveland Cin. Cblc. A St. Louis.
Chattanooga U n ion ...___ . . . . . . . . . . Belt By, (of Chattanooga.)
Ionia A Lansing........................ ....D e tro it Lansing A Northern.
Cheshire ........... .......................... .Fitchburg.
Iow a City A Western...................... Burlington Cedar Rapids A North’n
Chicago A A tla n tic . . . . . . . . . . . . . . . . .Chicago A Erie.
Iowa A Dakota............................... Chicago Milwaukee A 8 t Paul.
Chicago A Calumet Terminal .... .Northern Pacific.
Iow a Falls A Sioux City.................. Dubuque A Sioux City.
Chicago Clinton Dubuque A Minn .Chicago Milwaukee A St- Paul.
Iow
a Midland..................................Chicago A North Western.
Chicago A Great W estern .... . . . . . .Chicago A Northern Pacific.
Iowa A Minnesota......... .................Chicago Milwaukee A SL Paul.
Chicago A Indiana Coal.. . . . . . . . . . ,Chicago A Eastern ilUiiot*.
Chicago A Io w a .. . . . . . . . . . . . . . . . . .
MP* Burlington A Quincy,
Jackson Lausiug A Saginaw.......... Michigan Central.
Chicago Kansas A Nebraska... .. .. . Chiei g o Koek Island A Faelfio,
Jackvm v. St. Aug. A Indian R lv. ..Florida East Coast.
Chicago Milwaukee A N . W----.... , Chics igo A North Western,
Jacksonville Southeastern......... ...Jaoksouvllle Louise, A SL Louis.
Chicago A Milwaukee.*,•••«*•*.#J ..Chlcaago A North Western,
James R iver V alley.................... ...Northern Pacific.
Chicago A North Michigan. .. .. .. . .
uro A W est Michigan,
Jamestown A Frank's In................... Lake Shore A Miohigan Southern.
Chicago A Ohio E lve r.. . . . . . . . . . . . .Peorii Decatur A Evansville.
Jetfersop Madison A Indianapolis..Pittsburg Cincinnati Ohio. A St. L.
Chicago A P acific...___ . . . . . . . . . . . .Chiem © Milwaukee A St. Paul.
Joliet A Chicago..............................Chicago A Alton.
Chicago Santa Fe A California— , Atchb :m Top, A Santa We System.
Junction A Breakwater................. Delaware Maryland A Virginia.
Chicago A S t L o u is ........___. ... .Atchh >u Topeka A Santa Fe.
Kalam azoo Allegan A Or. Rapid*. .Luka Shore A Michigan Sonthorn.
Chicago St. Louis A New Orleans. . iiiinoi Central.
Kalamazoo A Smith H aven........... Michigan Central.
Chicago Bt- Loute A Paducah........ .III tool -Central System,
Kalamazoo
Pigeon............ Lake Shore A Michigan Southern.
Chicago St. Louis A Pittsburg____
■g Cincinnati Chicago A St, L. Kanawha A AOWhite
h io ............................ Knnawhn A Michigan.
Chicago Bt. Paul A Kansas C ity..,
o Great Western,
Kansan
A
Arkannsv*
Valley_______ Misaouri Pae. (S t (, 1. Mt. A So.)
Chicago St. Patti A Mi n a..............
o St. Paul Minn. A Omaha,
Kansas City Bridge A Term inal...... K a n »«* City A Atlantic.
Chicago A Southwestern..
o Rock Island A Pacific,
Kansas City Fort Scott A G u lf..... Kan«n« City Fort Scott A Memphis,
at!
, I '■
Ot*iea#o A Springfield___. . . . . . . . . . ..m i
Kansas City A indtjp. A ir Lin e...... Kansas City Suburban Belt.
Chicago A Tomah---- -----. . . . . . . . . . . .Chicago 4tNorth Western,
Kansas City A Memphis By. Bridge.Kansas City Fort Scott A Memphis.
Chicago Wisconsin A Minnesota.,.. Wlseonsin Central Co,
Kansas City A Pacific.....................Missouri Kansas A Texas.
Choctow Coal A Railway, ............. O hm*taw Oklahoma A Gulf,
Kansas City SL Louis A Chicago___Chicago A Alton.
OtacinnAil A B a ltim o r e ............. , Baltiiaore A Ohio in H k w ad en u
Kansas
City Southeastern A Momp.Kansas City Fort Scott A Memphis.
Cixtelaaati lad. St. Igiuis A Chicagc ^Cleveland Cin, Chic. A St. Loula.
Kansas Citjr A Southwestern.......... Atchison 8y*,—at. I- A San Fran.
Ciaeiimatl Lafayette A Chicago.., ,,Cleveland Cm. Ohio, A St, jtemte,
Kansas
City Springfield A Memphls.Katiiuis City Fort Scott A Memphis.
dncinnatl Richmond A Chicago... . Pitteb'rg Cinolnnatl Chicago A St, L.
Kansas City Terminal Gomttr. C o ... Kansas City Pit tabors A Gulf.
Otnelnnati Sandusky A Cleveland, .Cleveland Cin. rchle. A St. Loafs,
Kansas
City
Topeka A Western...... Atchison Topeka A Santa Fe.
Cineianat! Southern. . . . . . . . . . . . . . . . ,.Cincinnati New Orleans A Tex. Pae, Kansas City Wyandotte
& N’ tb'w’ n.Kanaas City Northwestern.
Cincinnati A Springfield............... .Cleveland Ciaab Chic. A St. Louis.
Kansas
Midland...............................
Atchison Hy-. —st. L. A San Fran.
Cincinnati Wabash A M ichigan... .Cleveland Cin. Chic. A St. Louis.
Kansas A Missouri........ ...... .......K an sas City Fort Scott A Memphis,
Cincinnati Wash. A Baltim ore..... .Baltimore A Ohio Southwestern.
Kansas
Pacific................................Union
Pacific.
daarfieM A Jetfenron,. .. .. . . . . . . . . , , .Pennsylvania A Northwestern.
Keith,burg B ridge.,........................ Iowa Central.
Clearfield Bituminous C oal.. .. .. .. . . Beech Greek.
Kentucky
C
entral..........................
Louisville
At Nashville.
Cleveland A Canton.................. . .Cleveland Canton A Southern.
Kentucky Union........................ ... Lexington A Eastern.
Cleveland Columbus Cin. A I rid .. - .Cleveland Cin. Cldc- A St. Louis,
Knox
A
L
in
co
ln
............................
Maine
Central.
O&mr d'Alene................................ •Northern Pacific,
K noxville Southern........................Marietta A North Georgia.
Colorado Central
. Usicn Pacific Denver A Gulf.
Lackawanna A Southwestern.........Central N. Y, A Western.
Ooltmhia A Greenville............... , Souttoern Rai 1way.
Lackawanna A Susquehanna.........Delaware A Hudson.
Color ado Bridge__________ . . . . . . . . . International A Great Northern.
Lake Etie A Pittsburg.....................Pittsburg Slmnango A Lake Eric.
Columbus Connecting A Term inal. N o r fo lk A Western.
Columbus A Hooking V a lle y ,... .. . .Coltiixtim* Hooking Valley A Toledo. La Porte Houston A Northern...... Galveston La Porte A Houston.
Columbus A Indianapolis Central.. .Pittab. Cincinnati Chic. A 8 t Louis. Lawrence................................... ....Pittsburg Youngstown A Ashtabula.
Leeds A Farm ington,,....................Maine Central.
Colons bus Lima A M ilwaukee,.--. .Ohio Southern.
Lehigh A New Y o rk ........................Lehigh Valiev.
Colombo-* A Rome.... ....................
.
Lehigh A Susquehanna......... ......... Lehigh Coal .it Navigation (Miscel.)
Columbus Shawnee A Hocking.__ .(Mismbits Sandusky A Hocking.
I--roy A Catiev Valley.....................Missouri Pacific.
Columbus A Toledo.................. ... .Col. Hooking Valley A Toledo,
Lexington A Frankfort..................Louisville A NashvTe !L, 0. A Lex.)
Columbus a Western
Central o f Oa. Ry.
Lincoln A Northwestern................Chicago Burlington A tptliiey.
Concord.................... . ............... Concord A Montreal.
Lincoln Park A Charlotte..............Buffalo Rochester A Pittsburg
Constollrlated Term inal Railway. -., .. Kansas City Suburban Belt.
Little Rock Junction......................Missouri Pacific.
Cfitwoiidated Vermont.... . . . . . . . . ___ .m m rm o f Vermont,
Little Rock A Fort Smith................ Missouri Pantile.
Corning Cowanesmie A A n trim .... .Fall Brook,
Long Branch A Sea Shore............... Central Now Jersey.
Cowitcmion A Southern................ -Cleveland Canton A Southern
Long
Dock Company.....................E rie r r .
Kentucky
Cent—Louisville
A
Nash
Covtegton- is Loxington.___ . . . . . . .
Long Island City A Flushing..........Long Wand.
Cres. A Clearfield Co, A N.Y.S. Route Cressoit A Irvona.
Louisiana
A Missouri R ive r...... ..... Chicago A Alton.
Current R iv e r.. .. .. .. . ..
. . . . ...... ,K rtm m City Fort Scott A Memphis,
Iontsviile Cincinnati A, Lexington..Louisville A Nashville.
Pain •«. Central,
. One ago A Xnrt h We#Sern.
Louisville A Frankfort................... Louisville A Nashv.—L. c. A Lex
Dakota A Great ■ mtherii.
.Chicago Milwaukee A at. P a n t
Louisville New Orleans A Texas. ..Illin ois Central (Yazoo A M. V.)
Dali a, A Wstr-tt.......
.
.Mls-mirl Kan-a. A Texas.
Louisville A St. Lout*...................... Chicago Peoria A SL Louis.
I tan bu ry A Nnrwaik
.
..New York Net, Hnveu -V Hartford. Louisville Southern........................ Southern Railway.
Danville A Grape Creek,
Chicago ,t- East Illinois,
Lowell A Lawrence.........................Boston A Lowell.
.[V ol . L X 11.
10
NAMK.
WILL BE FOUND OjA)ER—
,t lutBiitH.
...... .Georgia RR. A Banking Co.
Mahoning Goal ...............................Lake Shore A Miohtean 8o. System.
Malone .v St. Lawrence...................St. Lawrence A Adirondack.
Malin«dmSouthwri.t'n Colonisation. OamuUHii Pacific.
Marietta Columbus .V N orthern.....Toledo ,Y Ohio Central Extension.
Marietta Mineral
................... Toledo A Ohio Central Extension.
M arietta ,t North Georgia............. Atlanta K n oxville A Northern.
Manic R iver................ ........ - ......... Chicago & North Western.
Marquette Hongtou A Ontonagon...Duluth South Shore & Atlantio.
Maryland Central..........................Baltimore & Lehigh.
Maasawinni.....................................Connecticut A Passumpsie,
Mavsville A I exington................... Kentucky Central.—Louis. A Nash.
Mokec-port A Belle Vernon.......... ITttsb.MoKeesport. AY'ougkiogheny.
Memphis Clarksville A LouisviUo.. -Louisville A Nashville.
Memphis Equipment......................Kansas City Memphis A Binning m,
Memphis Kansas A Colorado______Kansas City Fort Scott A Memphis.
Memphis A Ohio............................ Louisville- A Nashville.
Men-mints' Bridge......................... St. Louts Mereh’ts Bridge Ter. RR.
Menominee R iver........................... Chicago A North Western.
Metropolitan Elevated.................. Manhattan Elevated.
Metropolitan F erry........................Long Island.
Michigan A ir Lin o......................... Michigan Central.
Michigan Equipment..................... Chicago A West Michigan.
Midland of Indiana........................ Chicago and Southeastern.
Midland of Now Jersey................... New York Susquehanna A Western.
Milwaukee Lake Shore A Western..Chicago A North Western.
Milwaukee A Madiaon.....................Chicago A North Western.
Milwaukee A Northern................... Chicago Milwaukee A fet. Paul.
Minneapolis it Duluth.................... Minneapolis A St. Louis.
Minneapolis A Pacillc..................... Miuneap. St. P. & Sault Ste. Marie.
Minutap. Sault. fits. Mario A A tl’ tiO-Miimeap. St. P. A Sault Ste. Marie.
MinneapolisUnion.......................... Great Northern.
Minneapolis Western...................... Great Northern.
Minnesota Central.......................... Chicago Milwaukee & St. Paul.
Minnesota A Northwestern............Chicago Great Western.
Minnesota St. Croix A Wisconsin.. .Wisconsin Central Company.
Minnesota V alley............................ Chicago & North Western.
Mleslsmiot Valley............................ Central Vermont.
Mississippi River Bridge.................Chicago A Alton.
Missouri Kansas A Eastern............ .Missouri Kansas A Texas.
Missouri Valley A Blair RR. Bridge.CMoago A North Western.
.
Missouri & Western......................... Atchison System—St. L. & S Fran.
Mobile & G irard............................. Centra] of Georgia Ry.
Monongahela R iver.............. .........Baltimore A Ohio.
Montana Central............................. Great Northern.
Montauk Extension R R .............. ..Lon g Island RR.
Montgomery & Eufnula..................Central of Georgia Ry,
Montreal Portland A Boston..........Central Vermont.
Morris Canal...................................Lehigh Valley RR,
Muskegon Grand Rapids A Indiana.Grand Rapids A Indiana.
Nashua A L o w ell........................... BostonALowe.il.
Nashua A Rochester...................... Worcester Nashua A Rochester.
National Cordage............................United States Cordage.
Nebraska........................................ Chicago Burlington & Quincy.
Nebraska A Western....................... Sioux City O’Neill A Western.
New Albany B elt A Term inal.........Kentucky A Indiana Bridge.
N ew Brunswick............................. Canadian Pacliio,
Newbnrg A New Y ork ..................... li r ic RR,
New Haven A Derby...................... N ew Yrork New Haven A Hartford.
New Jersey Midland........................New York' Susquehanna A Western.
New Jersey Southern................. ...Central o f New Jersey.
New Orleans A Gulf.........................New Orleans A Southern.
New Orleans A Mobile.....................Louisville A Nashville.
New Orleans Pacific.......................Texas & Pacific.
Newport A Riehford....................... Connecticut A Passumpsie.
Newtown A Flushing..................... Long Island.
New York Bay Extension.............Long Island.
N ew York Elevated....... ................ Manhattan Elevated.
New York A E rie............................ Erie RR.
New York Lake Erie A Western...... Eric RR,
New York A Long Branch.............. Central of New Jersey.
New York & Manhattan Beach.......N. Y. Brooklyn A Manhat. Beach.
N ew York A Now England............. New England RR.
New York & Northern................... N ew York & Putnam.
N ew Y'orlt Pennsylvania A Ohio___Nypano RR.
New York Providence A Boston......N ew York New Haven A Hartford.
New York A Oswego Midland.........N ew Y ork Ontario A Western.
New York A Rocks w ay................... Long island.
Nodaway V alley............................. Kan. City St. J is. A Counoil Bluffs.
Norfolk A Petersburg..................... Norfolk A Western.
Norfolk Southern............................ Norfolk A Southern.
Northern Illinois.............................Chicago A Northwestern.
North Missouri.................................Wabash.
North Shore...................................... Canadian Pacific.
North Wisconsin...............................Clue. St. Paul Minn. A Omaha.
Northern Pacific A Manitoba Ter...NorthernPacific.
Northern Pacific A Montana...........Northern Pacific.
Northwestern Grand Trunk........... Chicago A Grand Trunk.
Northwestern Union........................ Chicago A North Western.
Northwest Virginia......................... Baltimore A Ohio.
Ocean Steamship............................ Cent RR; ABankingCo. of Georgia
Ogdensburg Transit........................Ogdensburg A Lake Champlain.
Ohio Central...... .............................Toledo A Ohio Central.
Ohio Indiana A Western..................Peoria A Eastern.
Ohio Land A Ry. Co........................Columbus Hocking Yal. A Toledo.
Ohio A Mississippi.......................... Baltimore A Ohio Southwestern,
Ohio A West Virginia...................... Col. Hocking Valley A Toledo.
Old Colony Steamboat. Co............. Old Colony RR.
Omaha A Southwestern.................. Chicago Burlington A Quincy.
Ontario A Quebec............................Canadian Pacific.
Oregon Pacific................................ Oregon Central A Eastern.
Oregon Short Lino.......................... Oregon Short Lino A Utah Northern.
Oswego A Rome............................. Rome Watertown A Ogdensburg.
Ottawa Oswego A Fox R iver......... Chicago BuriiagtonA Quincy,
Ottumwa Cedar Fails & St, Paul. ...Chicago A North Western.
Pacific Coast.................................. Oregon Improvement Co.
Pacific of Missoufi..........................Missouri Pacific.
Pacific Short Line.......................... Sioux City O’Neill A Western.
Paducah A Elizabethtown.............. Chesapeake Ohio A Southwestern.
Fawtuxet Valley............................. N, Y. N ew Haven A Hartford.
Peninsular (M id i)........................... Chicago A North Western.
Pennsylvania A N. Y. Canal........... Lehigh Valley.
Penn. Poughkeepsie A Boston....... Lehigh A New England.
Penobscot Shore Line..................... Marne Central.
Pensacola & Atlantic..................... Louisville A Nashville.
Philadelphia Marlton A Medford...Camden A Atlantic.
Pittsburg Akron & Western.......... Northern Gbio,
Pittsburg Cincinnati A St. Louis....Pitta. Cfnn. Chic. A St. Louis,
Pittsburg A Conueilsville...............Baltimore A Ohio.
Pittsfield A North Adams...............Boston A Albany.
Plant System................................. Savannah Florida & Western.
Pleasant H ill A De Soto.................. Kansas City Clinton A Springfield.
Plymouth A M iddleboro................ Old Cotony RR.
b
Port Huron A Northwestern...........Flint A Pore Marquette.
Portland A Kennebec..................... Maine Central,
Portland A Ogdensburg.................Maine Central.
Portsmouth Great Falls A Conway .Boston A Maine.
Prairie du Chien............................. Chicago Milwaukee A St. Paul.
t i iioon
NAM E
W IL L BE FO U N D U N D E B —
auinoy Alton A St. tends............... Chicago Burlington A Quiney.
Ftavenswood Spencer A G lenville.. Ohio River.
Republican Valley...........................Chicago Burlington A Quinoy
Rich H ill ........................................ Kansas City F ort Scott A Memphis.
Richmond A Alleghany...................Chesapeake A Ohio.
Richmond A Danville......................Southern Railway.
Richmond York R iver A Ches,....... Southern Railway.
Rochester A Pittsburg.....................Buffalo Rochester A Pittsburg
Roanoke A Southern........................Norfolk A Western.
Rome A Carrollton.......................... Savannah A Western.
Saginaw A Western........................ D etroit Lansing & Northern
St. Charles Bridge........................... Wabash.
St. Joseph A Western...................... St. Joseph A Grand Island.
St. Lawrence A Ottawa...................Canadian Pacific.
St, Louis Alton ASnringfieid.........St. Louis Chicago A St. Paul.
St. Louis Alton A Terre H aute...... Illinois Central System.
St. Louis Arkansas A Texas............St. Louis Southwestern.
St, Louis Bridge A Tunnel...............Terminal Association o f St. Louis.
St. Louis A Chicago......................... North A South RR. o f Illinois.
St. Louis Council Bluffs A Omaha. -.Wabash.
St. Louis Iron Mount’ll A Soutkern..Missouri Pacific System.
St. Louis Jacksonville A Chicago— Chicago A Alton.
St, Louis Kansas City A Northern...Wabash.
St, Louis Kansas A Southwestern. ..Ateh. System, St. Louis A San Fran.
St. Louis Keolnik A S. W . . . 0 ......... Chicago Burlington & Quincy.
St. Louis Salem A Arkansas............Ateh. System, St. Louis A San Fran.
St. Louis A San Francisco............... See Atchison “ System.”
St. Louis Southern........................... Illinois Central System.
St. Louis Wichita A Western...........Ateh. System, St. Louis A San Fran.
St. Paul Eastern Grand Trunk....... Chicago A North Western.
St. Paul Minneapolis A M anitoba...Great Northern.
St. Paul A Pacific............................ Great Northern.
St. Paul A Sioux C ity....................... Chic. St. Paul Minn. A Omaha.
St. Paul Stillwater A T. F ................Chic. St. Paul Minn. A Omaha.
Salem A L o w ell............................... Boston A Albany.
Sanford A LakeEustis.................... Jacksonville Tampa & K e y West.
! Sandusky A Columbus Short Line..Columbus Sandusky A Hooking.
Sault St. Marie A Southwestern......Chic. St. Paul Minneap. A Omaha.
Savannah Americus A Montgomery. Georgia & Alabama.
Savannah A A tlan tic...................... Central of Georgia.
1Savannah Albany A G ulf................ Savannah Florida A Western.
Savannah A Charleston................... Charleston A Savannah.
Savannah A W estern...................... Central of Georgia Ry,
■Schuylkill R iver East Side...............Baltimore A Ohio.
Scioto V alley A New England......... Norfolk A Western.
Seaboard A ir Line........................... Seaboard A Roanoke.
Seattle A Northern.......................... Oregon Improvement.
1Shenandoah V alley......................... Norfolk A Western.
Sherman Denison A Dallas............ Missouri Kansas A Texas.
; Sherman Shreveport A Southern...Missouri Kansas A Texas.
; Shore Lin e....................................... N. Y. N ew H aven A Hartford.
! Short Creek A Joplin...................... Kansas City Fort Scott A Memphis.
Sioux City A Pacific......................Chicago A North Western.
1Sioux City A St. Paul...................... See Miscellaneous Companies.
Smithtown A P ort Jefferson............Long Island.
Sodus Bay A Southern.....................Elm ira A Lake Ontario.
South Carolina................................ South Carolina A Georgia,
South Florida.................................. Savannah Florida A Western.
South Georgia A Florida..................Savannah Florida A Western
South Side (V a.)............................... Norfolk A Western.
Southeastern A St. Louis................ Louisville A Nashville.
Southern Central............................. Lehigh Valley.
Southern Georgia A F lorida............Savannah Florida A Western.
■Southern Minnesota.........................Chicago Milwaukee & St. Paul.
Southern Pacific Branch..................Southern Pacific o f California.
t Southern Pennsylvania................... Cumberland Valley.
Spokane A Palouse.......................... Northern Paeifie.
. Steubenville A Indiana....................Pittsburg Cinn. Chic. A St. Louis.
Stockton A Copperopolis..................Southern Pacific of California.
Sturgis Goshen A St. Louis............. Lake Shore & Michigan Southern.
Sugar Trust..................................... Am erican Sugar Refining.
Simbury A E rie................................Philadelphia A Erie.
Superior Short L in e....................... Chicago St- P au l Minn. A Omaha.
Syracuse Northern.......... ............... Rome W atertown A Ogdensburg.
Syracuse Ontario A N ew Y o rk .........West Shore,
T a y lo r’s Falls A Lake S u p erior___ St. Paul A Duluth.
Tarkio V a lley..................................Kan. City St. Jos. A Council Bluffs.
Tebo A Neosho,...............................Missouri Kansas A Texas.
Tennessee Midland......................... Paducah Tennessee A Alabama.
Terre Haute A Southeastern...... , ..E vansville A Indianapolis.
Texarkana A Ft, Smith..................Kansas City Pittsburg A Gulf.
, Texas M exican.............................. Mexican National,
I Thurber-Whyland.......................... Am erican Grocery Co. fMiseel.).
i Toledo Ann Arbor A No. Michigan .Ann Arbor Railway.
I Toledo B elt..................................... Wheeling A Lake Erie.
|Toledo Cincinnati A St. Louis....... Toledo St. Louis A Kansas City.
i Toledo Columbus A Cincinnati...... Toledo A Ohio Central.
Toronto Grey A Bruce................... Canadian Pacific.
Troy A Boston— ......................... Fitchburg.
Tunnel Railroad o f St. Lonis......... Terminal Ass’n o f St. Louis.
U n ion .................................. ........... Northern Central.
Union R ailw ay of Chattanooga...... Belt Ry. (of Chattanooga.)
Union A Logansport...................... Pittsburg Cincm. Chicago A St. L.
Union Ter. Ry. o f Kansas City, Kan. Kansas City Suburban Belt.
Upper Coos..................................... Maine Central,
Utah A N orth ern ........................... Oregon Short Line A Utah North’ll.
Utah Southern.................................Oregon Short Lin eA Utah North’ll.
Utica A Black R iver........................ Rome W atertown A Ogdensburg.
V a lle y Ry. of Ohio......................... Cleveland Term inal A V alley.
Venice A Carondelet..____________ Louisville Evansville A St. Lonis.
Verdigris Val. Independ’ ee A West.-Missouri Pacific.
Vicksburg A Meridian............... ..... Alabama A Vicksburg,
Virginia A Tennessee...................... Norfolk A Western.
"Waco ANorthwestern....................Houston A T e x a s Central.
W are................................................ Boston A Albany.
Warren A Franklin..........................Western N ew Y’ ork & Pennsylvania.
Warwick V alley............................... Lehigh A Hudson River.
Washington City A Point Lookout.Baltimore A Ohio.
Waynesburg A Canton.....................Cleveland Canton A Southern.
Western A A tla n tio .................. ....N a sh ville Chattanooga A St. Louis.
Western Minnesota......................... St. Paul A Northern Pacific.
Western North Carolina.................. Southern Railway.
Western Pacific............................... Central Pacific.
W est Jersey................... ................ West Jersey A Seashore.
W est Jersey A A tla n tic ..................West Jersey A Seashore.
West Wisconsin............................... Okie. St. Paul Minneap. A Omaha.
Wilkftsbarre A Eastern................... N. Y . Susquehanna A Western.
Wiltmar A Sioux Falls................... Great Northern.
Winona A St, P eter..........................Chicago A North Western.
Wisconsin A Minnesota................. .Wisconsin Central Company.
Wisconsin Minnesota A Pacliio....... Minneapolis A St, Lonis.
Wisconsin V a lley............................. Chicago Milwaukee & St Paul.
Y o rk A Peach Bottom..................... Baltimore A Lehigh.
Zanesville Term inal....................... Columbus Sandusky A Hooking.
STOCK
AND
BOND
TABLES
M OTES.
These tables are expressly Intended to be used in connection with the information concerning Investment matters published from week
to week In the CHltoxicLE. A complete index, therefore, o f a ll items touching eaoh company so published within the last eighteen months
follow s its statement in th* text below. Annual reports are In black-faced figures, and italics indicate that the information Is contained in
paragraph headed by the name o f some other company.
A n y company not in its regular alphabetical order may be found by means o f the Index to roads leased and consolidated.
The "d iv id en d s" appearing in the te x t are those which have actually been paid during the calendar years named,irrespective of when
they may have oeen earned; hence they often differ from the dividends reported with the earnings for the same years respectively.
B y " net earnings" as used in this S u p p l e m e n t is meant the earnings remaining after deducting operating expenses, but not interest on
debt, rentals or other fixed charges. Some companies report net earnings before and some after deducting taxes.
The follow ing w ill give explanations o f each o f the columns o f the tables b elo w :
Description.—Abbreviations used are: M. for “ m o rtgage;” gen. M. for “ general m o rtgage;” con. M. or eonsol. M. for " consolidated m ort
gage ; ” tno. M. for “ Income m ortgage; ” g. for " g o ld ; ” guar, for “ guaranteed; ” guar. p. A i. for “ guaranteed principal and interest;” cum. for “ cumulative: " non-cum- for “ nun-cumulative; ” eonv. for “ con vertib le;” pref. for “ preferred ; ” a. f, for “ sinking
fu n d ;” 1. gr. for “ land g ra n t;” r. for '' registered; " c. for “ coupon;" o.* for “ coupon bat may be registered as to p rin cip al;” c. A
r. fo r “ coupon and registered;” br. for "b r a n c h ;” end. for “ endorsed;” “ red.” for redeemable, meaning subject to call before
maturity (so “ red. at 100” means subject to call at p ar); “ d’ r a " or “ draw n” for subject to call fo r the sinking fund from time to
time when drawn b y l o t ; “ p. m.” for “ per mile,” thus $15,000 p. m. means $15,000 per mile.
Date o f Bonds.—The date of Issue on the face o f the bonds la referred to in this column,
Miles o f R/mhI. —Opposite stocks, this means the tulles o f road ow n ed ; opposite bonds, the miles covered by the mortgage.
Sue o r P a r Value.—Shows (in dollars unless otherwise marked), the denominations or par value, “ 100, A c.," signifying $100 and larger.
Rate Per Cent.—The Interest per annum is given for bonds, and the dividends p er annum for stocks; g. means gold; x, e x tra ; s. stock or sorlp ;
per an. means per annum, so 6 p er an. iM. A N„* means a per oent yearly, payable 3 per cent in M ay and 3 per cent in November.
When Payable.-J. & J. stand* for January and J uly; P. A A.. February and Aug-ist; M. A S., March and September; A. A O,, April and October;
M. A N „ May and Nov.; J. A D., June and Dec.; Q.—J., quarterly from Jan.; Q.—F., quarterly from Feb.; Q.~ M ., quarterly from March.
Bands,principal when due, etc—This, column shows the date when the hands mature and when the last dividend was paid on stocks.
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 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 th e s e 'T a b le s .
Bonds—Prlnol
IN TE R E S T OR DIVIDENDS.
Mile* Bate Size, or
pal,When Dae
of
of
Par
For explanation o f column headings, Ac., see notes o f
rbnitamHnc Rate P *r When Where Payable, and by Stocks—Last
above.
Road. Beads
Bonds Value.
Value. | Odtetaudini,
Cent,
Payable
Road,
W hom.
Dividend.
R AILR O AD S.
Addison A Pennsylvania—l at mort. for $350,000..
Second mortgage, $350,000.................................
Adirondack,—le t M . $3,000,000, g., gu. p. A t end,
Alabama (treat Southern—Common '•)!'' shares---Preferred “ A "*h »re*,8 percent (cum.for 0 years)
1st mortgage, gold..............................................e
Gen, M. sterl. £1,100,000, red. at 110 J une 1,
Debenture*, gold................ .........................
Incomecertificates sinking fu n d ........____
Alabama Midland—Common stock.............
Preferred stock. 8 |>er cent, non-cumninttve
1st Mort., guar, p.Al. end. Sav. Fla. A W „ go ld .. c
1st M., Sprague to Luverne,$15,OO0 v. in,gold.-C*
AUt.M. O. Tex. 4 Pne.June.—Deferred “ B " share*...
Preferred “ A " shares, 8 p, c. cnmniatlve—
" A “ d eb «o„ red. aft. Nov. 1,’ 10, at i 19—See t
Interest cert, (secured by £31,183 “ C ” deb.)___
Alabama A Vicksburg—Stock..................................
Ticks. A Mer, 1st M. gold., subj. to call till 1897.
57
290
290
290
290
1892
1892
1S92
1978
1889
1886
1888
175
33
1888
1690
| £...
1890
1890
1890
143
143
1891
....
$89,000
5
J. A D.j New York, 19 B’ way. Dec. 1, 1932
4
J. A D. IDee.,’94, coup,last paid. Dee. 1, 1932
280.000
$ 1,000
1, 000,000
4>*g. M, A .8 . X.Y.Of.,21 CortlandtSt. Mar. 1, 1942
2 10 £1,500,900 See text,
...... !
London.
Deo., 1892
do
See text.
£ 10 , £670,070 8 per an. M. A N.
6 g. J. A J. N.Y.,Funn.L.ATr.A Bos Jan. 1, 1908
$1,000 j $1,750,000
5 g. J. A D. London, Glyn Mills, Dec. 1, 1927
£ 10 0 > £178,000
6 g. IF. A A.
do
do
Aug. 15,1906
£ 10 0 | £13-1,000
Various.!
4
. ....
do
do
By slnk’gfund
£53,257
$100 1 $2,625,000
l a w > 1,800,000
$ 1,000 j 2,800,000
N.Y.,M efpolltan Tr.Co. Nov. 1, 1928
5 S- M. A
,500.900
Dec. 1, 1929
1,000 !
6 g. (J. A
£ 10 1 £2,509,000
£ 10 1 £1,500,000
£ 10 0
5 g, M. A N.
See remarks.
N o v .l,1910-40
£718,850
1 1 0 0 £1,048,390
See remark*.
Nov-.l,1910-40
8 * . M. A N.
5 g. A, A O.
See remark*.
£100
£810,652
Nov. 1, 1940
£28,49.1
106
$700,000 See text.. ___ . : Cincinnati, Office.
Nov. 17,1892
1,000
6 g. A. A O.;N. Y „ Central Trust Co. Apr. 1, 1921
1, 000,000
A d d is o n A P e n n s y l v a n i a It j . —Own* road Addison, New
A la b a m a M id la n d It
■See Map Stir. PI arid a <f West.)—Own*
York, to Gain*#, Pa., 41 «•)(*»; teases Gain.!* lo Gaieton. Pa-, 5 m. > Bainbrliigu. (»».. to Montgomery. via., 175 miles; branch. Sprague
A reorganisation in 1892. Stock , am hotired—Omimen, $600,000; pre Junction to Luvernc, 33 miles; total owned, 208 miles. Operate* Abtjeferred; $359,000; nutatanding June 30, 1883-Common, $368,000; rille Southern, Abbeville Junction to Ab b eville,27 m iles; completed
referred. $197,586; loans and b ill* payable, $273,290, interest due Nor., 1893. interest on the 1*1 mort. due 1028 has been reduced from
one 1 ,1895, on 2d mort. was riot paid, dee V. 61, p. 337. EiRJHJfO*.— 6 to S p. 0. and bond* stamped principal and Interest guaranteed In
For y e a r ending June SO, I W , Atom, $87.388; net, $24,666 (against gold by the 8»v . Florida A West. No arrangement was made with
net $24,22$ la 1893-04); other income, $17,2.88: charges. $26,933; the branch lino bond*, mostly held by the Plant Investment Co., Which
balance, surplus, $15,119. Standard-ganging completed In November. control* the Alabama Midland stock.
1893, New York office, 49 Broadway.—(4*. 61, p. 469,357.)
EARNING*.—!* IBM, f 1895 6 .......... gross, $139,078; net, $83,297.
A d ir o n d a c k B y . - Own* Saratoga to North Creek, N. Y „ 57
July 1 10 Fel>. 29. 11894*5......... grow., 881.701; not, 30.788.
miles. Extension to Long1 Lake, 30 tnllcs. was proposed, stock ! For year ending June 30, 1895. gross earnings. $535,393; net,
authorized, $+,000,000; outstanding, $2,600,000; par, $100, The $24,571. In 1893-94, gross, $547,955; net, 844.722. In 1802-93,
bonds carry the endorsed guaranty o f the Delaware A Hudson as to j gross, $400,788; deficit under oner, expenses, $52,093; Interest, etc.,
principal and Interest; the $l,«Ot»,,000 bond* unissued may be sold for i $247,853; total deficit for year, $299,746. Plant Investment Co. owns
extension*a t $20,000 par mile o f com pletedroad—trustee.. 17. 8. Trust $2,425,000 common and $ 1.200,000 pref. stock. V. 59, p, 1057,1102.
Co, In year ending June 30, 1895, gross earnings, $180,321!; net, j A la b a m a N e w O r le a n s T e x a s A- 1‘ a c lt lr J u n c t io n C o ,
881,102; other income. $6,202; charges. $51,730: bah, «ur.. 815,574. ( L i m l l e d , )—.This Is an English company controlliugAlabama A Vicks
In 1893-04, gro*s, *163,235; net. $30,844.—(V. 59, p. 374, 1102.)
burg, 142 miles; Vicksburg Mhrevcport A Pacific, 180 m iles; New
A la b a m a G r e a t S o u th e r n It U . - ', O r Rap Southern Hnltu-ay t— Orleans A North Eastern, 195 mile*.
Own* Wauhatehte, Team , to Meridian, Miss., 290 m iles; lease* Wan- j B o * w .- T h e “ A ” and “ B “ debentures are subject to call after
hatch)* to fihattuuoogu. 5 mile*. Trackage, ua. Pac. RR., Woodlnwn- Nov. 1,1910, at 115. Coupons paid : On A debentures to and includ
Bessemer branch. 19 mile*.
ing Nov.. 1895, all In full. On B debentures; In 1891 2»# per cent;
OKDssixsTtog.—An English r«. (A. G. 8. Ry. Co., Ltd .),ow n s all the to 1802, 2«* p. e,: In 1893, none; for 1894, 0-875 p. 0. paid Mar. 1,
stock. A majority o f the English company's stock which waa pledged 1895; for 1895, 1 p. c „ paid M ar. 2. 1890.
to secure the Cincinnati Extension bond* o f the East Tennessee Vir
f l t c c t m t s O w k k d . - A I u . A Vir VSbnrg $110,000 1st mort,, $141,100
Kisia A G'a, wa* sold 111 July, 1805, together with $600,100 Cincinnati consols, $387,7002d mort. Income* and $387,700 stock; Vtokab. Shreve
Now Orica!. - A Tex. Pac. stunk, for $1 500,000 to the Southern Railway port A Pacific, $3,692,000 1st mortgage, $1,364,000 3d mortgage,
Co., in whose system the road is now operated, but a* an independent $494,860 4 p, 0. Income* and $1,594,000 stock : Now Orleans A North
property
V. 61, p. 373. In May, 1895. the Southern Ry. Co, and Eastern, $-1,900,000 1st mortgage and $4,320,000 stock; Cincinnati
theCtarlntiatl Hamilton A Dayton made an agreement s * to this road Southern, $532,000 stock; overdue coupons, X. O. & N . E. and V. 8 . A
and the Queen A Crescent route. See V, 60, p. 26. The Alabama Great Pae. to Dec. 31,1865, £923,117.
Southern English and American companies own Jointly $1,000,000
EvKxiaw#.—See separate statement for eaoh of the controlled eomCincinnati X. O, A Texas Pac. stock.
panle*. For 12 month* ending Dec. 31,1805, net receipts from invest
fflTOCK- —O f the capital stock o f the English Company the Southern ments were £51,359; paid general expenses (£3,835), Income tax
Railway Company In July, 1893, purchased £345,000 “ A ” share* and (£1.474), Interest on “ A “ debenture* (£36,194), Ac.,balance £10,196,
£905,0iif» f { “ share*. V. 81, p. 26. O f the preferred » hares author Including £341 surplus of previous year,
ized £123.930 Were unissued June 30,1893. As to application o f net
profit* sec f i g m t x t s T o f Match, 1894,
A la b a m a A V ic k s b u r g B y , - Owns Vicksburg to Meridian. Miss,
DivTbWtto.—Oh ” A “ assenting shares: In 1889, 6 per cent; In 1890, and branch, 113 miles, all steol rails. Controlled by Alabama N ew
9 : in 1991.6 p. c „ In 1892. 8 ; in 1803, none, in 1801, none: in 1893, Orleans Texas A Pacific Junction Co.—which see. Reorganization o f
*«c annual report below. On Class * 'R ” I Q p . . . waa paid In 1801; the Vicksburg4 Meridian foreclosed Feb. 1.1389 (see V .48, p. 190).
1992, December, 1 h p. c.
Divtmraris.—Nov., 1390, to Nov., 1892, 3 p. c. yearly; none since.
Bosos.—o f the general mortgage vnlMmed £484,000 is In trust to
Bosos.—-The new seconds were income till April 1,1894, and are a
retire the 1«t mortgage bond* and debenture* at maturity. Car trust
first lien on (he land*—109.429 acre*. Trustees, Central Trust. Co. Of
June 30.1803, In. hiding interest, $121,070.
the $1 ,800,000consols authorized,.?1.0oo,000are with trustee to retire
L a t m t E *«9 ts o *,—9 mo*. ) 1895-6, ero**. $1,157,481; net. $430,399. V. A M. firsts, Vicks. & Meridian bonds assenting to reorganization
July 1 to Fc>>. 29.
11804-5. gross, 1,081.097: net. 404,731, plan o f 1889 are subject to call till 1807 ; a few did not assent.
4 M 8 A L R#r*-tsx.—Report fo r year ending June 30, 1805, WM In V.
E arning *.—F rom Jan-1 to Mar. 15, -06 (2% month*), gross, $119,000,
61, p. 1104, showing
$1.528,407: net, $300,378 ; interest on
bond*. $359,742; income rax, etc., $19,830; balance for stock. $221,- against $ 100,532 tn 1895.) Report for fiscal year ending June.3 0 ,1395,
was
In V. 61, p. 514, showing results as follows. Taxes are included in
808, from which adtvld, ihI of 12«. per share (Op. c.) on prof A stock was
declared, payable when sale o f £ 50.fs>0 of general mortgage bonds Is operating expenses:
A t l a n t i c T e n n e s s e e A O h io n i t . —owns road from Charlotte.
conspteted, to 1803-94, gross,91,553.782; net. $481,083; balance for
MWSk, $144,271.—(V. 59, p. 70, 115, 371. 800. 879, 0 89,1141; V. 60, N. 1;.. to Statesville, N. C „ 44 miles. Operated under temporary ar
p. 349, 710. 790. 1103; V. 01. p. 26, 07. 560, 810, I 104.)
rangement by Southern Railway Co. Sto c k .—9-400,000; par $50.
5
INVESTORS5 SUPPLEMENT.
12
[Voii. LXII.
, 11m r , w i l l c o n f e r « 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 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 .
RAILRO AD S
F o r explain
if column h<
d£ table
on first pi
tea notes
IN TE R E S T OR DIVIDENDS.
Miles Date Size, or
Amount
pel- When Where Payable and by Slocks—Last
Far
of
of
Outstanding Rate
Dividend.,
Whom.
Cent. Payable
Road, Bonds Value.
trg—(C on clu d ed }i
Aksb(
All*. A Vicks, co 801.1st M.. ($1,800,000) gold.... 143
143
is
income
till
Apr.,
1894,
gold...
2d mortgage n
35
/i.—lftt M., g., $12,000 per m .0*
»ek,
divi'ds
guar,
by
D.&
H.(end).
■
142
(sinking fund, 1 per ct, yearly).©
Con. M. (gnar. p. d. by D.As H. end. on bonds).©*&r 142
12
Albany £ fermon... -S to ck ........................ - ........ Allegheny £ Ki zua—le t M., fo r $500,000, gold.-O'
259
Allegheny Vitiu t—Common stock for $12,000,000.
259
Preferre4 #to k for $18,000,000, 3 per cent cum
i«.. ltu,»
**ude, Eurtt'n Ext., guar. Penn. RR..0 110
1st M,,
ow g!
242
rt.
to
State
Pa.,
$100,000
due
Jan.
1,
yearly,.r
rttiiO
Mort.
$20,000,000) g., guar, p, & i. (end.>.o*«fcr 259
Gen. M. ($20,
Allentown HR. (leasedto Pnila. & Reading). — -3
Allentown Terminal—1st m., guar. p.&i.(end.)gold.
Inn Arbor Railway—Common s to ck .......... .
Preferred stock ( f 4,000.000), 5 p. o., non-cum...
1st mortgage, $7,000,000, gold.............. ......... ©* 296
Annapolis A Baltimore Short Bine—See B A L T IM O R E A ANN
20^
Annapolis Washington £ Baltimore.—Stock..
26
Ark. £ Louisiana—l * t mort. (auth. $384,000),...c
Ark. Midland.—1st ML ($0,000 p. m .)g„red.acll0.e^ i 74
Asheville £ Spartan*—8. U.A Col. 1st M .g.gu. (see text 134
Astoria £ C ortla n d.- 1st mortgage..............
Atchison Col. £ Pacific—1st M.($16,000 p. m.) gu ..c’ 254
34
Atchison Jewell Go. £ West.—1st M., guar. C. BAT. P.<
Atchison Topeka £ Santa Fe Railway—S e c u r it ie s A F T E R
6,481
Stock, common............ .................................
X)o preferred, non-oumulatlve.......... — j 141
Chicago A St. Louis 1st M. ($10,000 per mile)
$587,000
5 g. A. & O. N. Y., Central Trust Co. Apr, 1, 1921
1889 $1 OO&e,
Apr. 1, 1921
do
do
5 g. A. & 0.
700.000
1889 100 &c.
July 1, 1920
Sec text.
500.000
1,000
6 g. J. & J.
1890
100
3.500.000 ,See text. J. & J. N.Y.,Del.<fcHud.Can.Co. Jan., 1896
STov., 1896-97
M. & N.
do
do
6
750.000
1,000
1865
Apr. 1, 1906
do
do
1,000 10 , 000,000 6 g & 7 A. & O.
1876
Nov,, 1895
Troy, N. Y.
600.000 3 per an. M. & N.
100
In instalim’ts.
In default.
485.000
1,000
5 g. F. <fc A.
1890
_
50 10,544,200
10,472,523
50
9.998.000 |6 g. or 7 A. & O. P h il,,Pa .R R , Co. &Lon. April 1, 1910
$&£
1870
Ian. l , '9 7 ,ate.
Pittsburg, Pa,
J, &; J.
5
1.300.000
1870 100,000
5.390.000
4 g. M, A 8. Philadelphia,Pa. RR.Co Moll. 1, 1943
1,000
1892
1,268,885 deposit© cl under P. & R. coll. tr. of 1892 $1,073,950.
4 g. J. & J. N ew York and Phlla. July 1, 1919
450.000
1,000
1889
100
3.250.000
4.000.
000
100
1,000
4 g. Q .-J . 1st coup, due Apl. 1, ’97 July 1, 1995
7.000. 000
1895
A P O L IS Sh o rt L in e .
Jan. 2, 1896
Baltimore.
100
358.000 See text J. & J.
....
240.000
July 1, 1913
J. & J.
1,000
5
1883
133.000
1,000
1891
6 g. J. & J. N, Y. ,H.TaLlmadge& Co. July 1, 1911
4 g. J. & J. N.Y., J. P. Morgan & Co. Jan., 1995
1,000
1.000. 000
1895
1QQ9
In default.
6
M. & N.
480.000
1,000
1892
Q —F. Aug., ’93, coup, last pd. May 1, 1905
1,000
6
4.070.000
1879
1,000
6
Q .-F . Aug., ’93, coup, last pd. May 1, 1905
542.000
1879
R bor GAN 17, A TION.
....
100 102,000,000
111,485,951
6
M. & S. N. Y., 59 Cedar Street. Mcli. 1, 1915
u ooo
1.500.000
1885
Other inc. Interest, etc. Bat. sur.
Xel.
Gross.
$238
$124,260
$5,950
$129,072
1894-95 $555,677
159
12^,346
1,260
129,447
565,780
1803-94
_ _
16,076
121,910
.......
105,834
588,298
1892-33
In 1894-95 coat of a steel bridge, $41,151, and of new culverts
$16,668,-total $57,820, was charged to operating expenses. (V. 59, i
7 3 6 ; V. 61, p. 5 14 )
A lb a n y F l o r i d a <fc N o r t h e r n R a i l w a y . —Owns road from
Cordele to Albany, O-a., 35 miles, completed In 1891. Leased in 1892
to 3av. Amerious'vfe Montgomery but not included In the reorganiza
tion of that road in 1895. Stock issued $175,000; pur, $100. D e f a u l t
—Interest has been In default since J tmuary, 1893,
A lb a n y Sc S u s q u e L a n n a I t R . —f See MapDelaware <£• Hudson.)—
R o ad .—Owes Albany, to Binghamton, N. Y., 142 miles. Leases,
Duanesburg Junction, N. Y „ to Schenectady, 14 miles; Cobleskill,
N. Y-, to Cherry Valley, 21 miles; Lackawanna & Susquehanna RR., 22
miles; East Glenville to Coons, 10 miles; total operated, 209 miles.
L e a s e d for 150 years from February, 1870, to Delaware & Hudson
Canal Co., which Deo 31,1894, owned $450,000 stock. Lessee guaran
tees 7 per cent per annum on stock till the Albany City loanfor $1,000,000 is paid by sinking fund, thereafter 9 per cent. (See wording of
guaranty in V, 56, p. 774.) The loan is payable November 1,
1896, and May 1, 1397, $250,000 each date. The Albany sinking
fond receives $10,000 per annum and interest on investments, and in
June, 1894, amounted to $571,393. Additions and betterments charged
to lessors, and cost made part of Investment. B onds—The consolidated
mortgage is for $10,000,000, of which $3,000,000 are 7 per cents, cur
rency; the principal o l the 6s is also payable in “ lawful money,” but the
Interest in gold.
A n n u a l R e po r t .—E arnings for years ending June 30:
Gross.
Ret.
Charges.
Bal.,sur.
1894-5........................ $3,872,786 $1,591,348 $1,084,962
$506,386
1893-4....................... 3,988,795
1,732,796 1,171,652
611,144
1892 3..................
1,298,894
2,018,722 1,182,774
835,948
- ( V . 59, p. 291, 878; V. 60,p. 301,834; V. 61,p. 322, 829; V, 62,p. 318.)
A lb a n y Sc V e r m o n t R R , —Owns road from Albany to Waterlord Junction, N. Y.. 12 miles, Leased to Rensselaer & Saratoga in
1860 atwl now operated by D. <&H. Canal Co, Anim al rental, $20,000.
A
Pa..
others, 18 miles; total operated, 260 miles.
O r g a n iz a t io n , &c.—Reorganization March 1,1892, of the Allegheny
Valley Railroad, sold in foreclosure Dec. 15,1891. Plan of reorganiza
tion, etc., was in V. 53, p. 324, 368, 520; V. 54, p. 409,524. Road con
trolled by the Pennsylvania RR. Co. as majority stockholder.
STOCK.— Stock authorized $30,009,000, of which $18,000,000 is cumu
lative 3 per cent preferred stock. Pennsylvania RR. Co. owns $9,653,800 common and $10,906,106 preferred stock.
B o n d s .— The general mortgage for $20,000,000 four per oent bonds
has principal and interest unconditionally guaranteed by the Pennsyl
vania RR. by endorsement on each bond. Of these bonds $12,202 000
Owing the principal and 8 per oent additional of the prior liens not
divested) are reserved to take up the prior liens as they mature and
$1,000,000 were held for the future purposes of the company. The
Fidelity Title & Trust Co, of Pittsburg is the mortgage trustee.
To redeem the $4,000,000 first mortgage “ 7-30” bonds due Mar 1
’ f 9 d $ g$ ^ 0390°oSoneral 4s were sold in June, making the total out,
E ar n in g s ,—2 months, 11896........... Gross, $360,539; net, $106 95i"
Jan. 1 to Feb. 29.
) 1895............Gross, 345,722; net, 115^434
A n n u a l R e po rt .—For year ending Dec. 31,1895, gross, $2,569 082net, $999,428; interest, $1,139,467; taxes, $47,777; balance deficit
for year, $187,810. In 1894, gross, $2,170:708; net, $324,928; deficit
under charges, $328,360. (V. 60, p. 604, 872,1057; V, 62, p. 363.)
A l l e n t o w n T e r r a ! n u l R R . - O w n s 3% miles of railroad in Allen
town Pa., connecting the Last Pennsylvania (Philadelphia & Reading)
with the Central of New Jersey. Leased for 999 years to Philadelphia*
Heading and Central of New Jersey (by assignment from Lehigh Coal &
e irrigation Co.) at Interest 011 bonds and 5 p, 0. on $450,000 stock (nsS
$50) bonds being guaranteed, principal and interest, by Philadelphia &
M w e ’ i.Coa1 * Irrig a tio n . Current liabilities June 30,
laU&i lpt5J|iJuO.—(V. 50, p, 422.)
A n n A r b o r R y .- f S e c M am l-R oAD .-O w n s road from Toledo, O
northwesterly to Frankfort, on Lake Michigan, 296 miles; branches 8
tulles. The new terminal property at Toledo comprises about 3 miles
of double track with brick passenger station and with brick freight
houses located near the business centre of the city. The Flint A Pere
M-UuCtte_u-''S the Toledo terminals at an annual rental o f $26,000._
O r g a n iz a t io n .—Tills company was incorporated Sept, 20,1895. as
successor to Toledo Ann Arbor & North Michigan, sold in foreclosure
July 2 1 895, and reorganized per plan in V. 59 p.’ 782 f a S I S t
1 rank-fort & southeastern, 23 miles (included in the mileage above) U s
purchased and formally consolidated with the new company.
STOCK AND B onds .—Common stock
eqnal
power w itil th.
preferred. Of the $7,000,000 new first mortgage bonds (trustee Met
ropolitan Trust Co., N. Y ,), $5,962,200 were used to retire old bonds.
the balance, $1,037,800, together with $437,900 o f preferred stock
were sold, the proceeds to be used fo r payment of all debts, purchase
of Escanaba Frankfort & S. E. Ry,, new Toledo terminals, reducing
grade-, and other improvements. The bonds draw interest from Jan.
I,
1897.
A n n u a l R e p o r t .—F or year ending Aug. 31,1895, on old Tol. A. A *
& N. M. gross were $1,112,287; net over taxes, $336,755; betterments,
$221,697; balance, $115,058.
D ir e c t o r s ,—Elected September 1895 r W. R. Burt, G, W. Quintard,
J, Edward Simmons, R. M, Galloway, R. C. Martin, C. J. Lawrence,
John Jacob Astor,R. D, Murray, Ben;]. Perkins, E. W, Tolerton, W illiam
C. McClure, A. W. Wright. Amos F. Eno. President, W, R. Burt. (V.
61, ii. 239, 557, 792, 965; V. 62, p. 455,
A n n a p o l i s Sc B a l t , S h o r t L in e , —See B a l t . & A . S. L.
A n n a p o l i s W a s h i n g t o n Sc B a l t i m o r e R R . —Owns road from
Annapolis to Annapolis Junction, 20% miles. Organized in 1886. N o
bonds. Dividends: In 1887, 5; in 1888, 4% ; in 1889,4; in 1890;
4%; in 1891, 5% ; in 1892, 6%; in 1893,5% p, e.; in 1894, Jan., 3 p, c,,
in July, 2 p.
in Oct. an extra div. o f 1-36 p. c.; in 1895, 4% p, c.: In
1896, Jan., 2 per cent. E ar n in g s .—For year ending June 30,1895,
gross, $54,747; net, $16,012; eharges, $1,942; dividends, $15,197;
balance, deficit, $527. In 1893-94 gross, $61,371; net, $19,569,
A s h e v i l l e Sc S p a r t a n b u r g R y . —(See Map o f Southern R y.)—
Owns from Spartanburg June., S, C., to Asheville Junction, N. C., 66
miles; Alston to Spartanburg (form erly Spart. Un, & C o l,), 68 miles,
and is now being operated b y the Southern R y.
The Asheville & Spartanburg RR. leases the Spartan. Union & Col.
and guarantees $1,000,000 S. IT. & C. bonds. The Southern Ry. oper
ates the Asheville & Spartan, and also guarantees the S. U. & C. bonds.
In 1892-93 gross $143,215, against $153,357 in 1891-92; deficit from
operations, $904. Floating debt in 1893, $397,000. (Y. 60, p. 130.)
A t c h is o n C o lo r a d o Sc P a c if ic R R . —Owns W aterville, Kan., to
Lenora, Kan., 193 m iles; Greenleaf, Kan., to Washington, Kan., 7
miles; Downs, Kan., to Alton. Kan., 24 miles; Yuma, Kan., to Warwiek,
Kan., 31 m iles; total, 255 miles. An extension o f the Central Branch
Union Pacific, which leased it in 1879 for 25 vears, and guaranteed the
bonds, principal and Interest. ControEed by Union Pacific, but oper
ated by Mo. Pacific. Sto c k , $1,522,400 (par $100), o f which U. P. owns
$920,300. R e n t .i l , $253,500 yearly. Interest Nov. 1,1893, unpaid.
F o reclo sure .—Suits were brought Nov. 20,1895, b y the mortgage
trustee, Samuel Carr, under Atchison C. & Pac. and the Ateh. J. Co. &
W. first mortgages. V. 61, p. 924,
E ar n in g s .—1 m onth,) 1396................... Gross, $25,416; def., $1,015
Jan. 1 to Jan. 31. S1895................... Gross, 20,601; def., 2,622
In year 1895, gross, $276,703; def. under operating, $49,077. In
year 1894 gross. $355,828; net, $9,294. In 1893 gross earnings,
including operations of Atebison Jew ell Co. & Western, were $486,880,
against $710,382 in 1892; deficit under operating expenses and taxes,
$33,635, against surplus o f $180,181; interest on bonds, $276,720;
other charges, $10,640; total deficit fo r 1893, $320,995, against
$107,156 deficit for 1892.—V. 61, p. 924,
A t c h is o n J e w e l l C o u n t y Sc W e s t e r n It I t __ Jamestown, Kan.,
to Burr Oak, Kan,, 34 m. Under same auspices and control as Atchison
Ooiorado & Pacific. Stock, $202,400 (par $100), o f which UniOD Pacific
owns $105,000. Bental, $33,875 per annum. Interest due K ov. 1,1893,
was not paid. See “ foreclosure” under Atchison Colorado & Pacific
above. Karmngs Included in Ateh. Col. & Pacific.—V. 61, p. 924.
( T h e ) A t c l i i s o n T o p e k a & S a n ta F e R a i l w a y . — (See Map.}
The system owned and operated in April, 1896, contained in the ag
gregate 6,481 miles o f railroad, embracing1 5,640' miles in line©
from Chicago to Denver and to Deming, 1ST. M., to E l Paso and
Galveston, Tex., with their numerous branches and extensions; 491
miles in California (the Southern California Ey.) and 350 miles from
Benson, Arizona, to Guaymas, Mexico, formed by the N ew M exico &
Arizona RR. and the Sonora By,
Or g a n iz a t io n .—This company was organized on Dec. 12, 1895.
under'the general laws o f Kansas, by the purchasers at foreclosure
s a lo o f the property and franchises o f the Atchison Topeka & Saota
f . e T o n - 0,
ac1c1
9r? a^ e with a reorganization p l a n , dated March
1^,,189oLand Publlshed m the Ch r o n ic l e V. 6 0 , p. 6 5 8 .
T&Avf&y company holds the title to the railroad from Atchison
on the Missouri R iver to the western boundary o f Kansas, 471 miles,
and a . ®
2 ? *e a rly all, the bonds and stock of the various companies
in which the title to the other lines is vested. A list o f such holdings
is m the general mortgage (in V. 62, p. 732, 733), the bonds owned
aggregating oyer $130,000,000 and the stocks over $ »5,000,000 at par.
6/ ( ? oks..,anM 13011,18 01 the Atlantic & Paclfie
Mb11*™11 Ry-, theSt. Louis & San Francisco Ry,, the
W ichita & Western Ry. and the St. Louis Kansas C ity & Colorado RR.,
wbJcb companies are now in the hands o f separate receivers,
alK>ve°nIy bonds
™ tIle system are indicated in the table
qn^ Pw ! i ! J ! ! 0’ ^ W.T a!free<110. 8el! al1 equities, etc., in the St. Louis
„ San Frauoiseo to the reorganization committee of that company,
who w ill reorganize it as an entirely Independent property, its stock
«
Two Harbors;
Duluth.
L’Anw
AND ITS CONNECTIONS,
Republic
'jVtellea1
tliiicklej
Unywai
FbHlij*!
l»AUk-
\*b
Trout
MantaUqoejiiSS-
[Superior JcJ
^Spoouei f
Clraiitsburg
OQ
*tu
^Turin
Powell
Cameron'
Cullaudor
U08TONC
Mlnoapjtta
RhinwijL
etttford
8AUI.T
PemMne
jjTrcutice 4\
^oauN
Burkes Palls
FJlttJe. *
•Antiito>
o
MCNC A;
MAN Mi
t/iiVtrb’v.i
Gaylord
M
1Jillroan
Alpena
a
ff /m
m 1
j j i^ uiburuptoi
iWafej
PAUt
M
l(NOMA
Trevino,
VVsiJt<m
Orillia
Vi
Allendale'
M
o
o
Osl>kWh\
h,frr#W6«i
Tornall
TAustli^
r
r
^
r
-
.a Crosse
Portage
K L e l i n y --------- ----------------------
5
lOrarik; «tc.
Pori'AuMbs
-ItiponV
’ickwauiK
GQ
Nirowoc/*^’
Vlroqua
>, J Sl*aif‘>r«)
^^UMicrv-fv^
rfinnJc?'
itchIontl
On, /
N /dregor
Clmr!<
j/gavillV
M
Lancaster
Retott
T R O IT
Waterloo/
TtttiJtfMtP!
IhinVilj
Galena
’S
t!
H IC A G O
TncoA
POsmi IS
Digest
.
'I in Ira
rnuiclt
J l^ W r t
Sltlmirncv
JDtnrpckO / n»twgg
Ottawa-
"
Fayette,
|P«^ « «I BW lllfti i
L C V C L flN D |
ci ,,
\ .T
• O T "1 >
j
1
O K ia iy /
Franklin/
fildgway
'etlora
BISMARCK
N
R
O
T
H
Rosebu d
A b erd een
0 hvli « ll Is
Walla WnllH
dlmatllla
■Tjotum tiir/
, r i,Y
Billings
(
L .
. i w w j ;
v,[|"Cluual”‘ r
T
it l a n c t
Salmon City
Baker Cy
Kvlbafty
Galena **0
Prl no villi*"
iGr
c v
BOISE C ITY
OukluncC-'
Roseburg
J r d e l lows tone Sliurlc
'^N a tion a l
W
; --------'.Park
)
:r Canon;
Catnas-
Hailey
<x~>Malhcur
Lake
Klamath Lakes
ew
x Ashfufad
’OCrttOlUV;
iMonrpellor
' unI on^ FtYstcole
^
V
i %r
° T
lo ‘
Syn|e^«£t\~
I
(
>
Lake
K
\
\ Cherry
M
S t «yirtth
V llX
X \ -M
il
'i
1 S A C R A M E N T O ''
D
North Platte
^
GrandTsltii
^
ruj 0
^ M 'P
I
■INgQU
■ ^ V 'N e b r u a k a ciL
-T-ecumsel
:
^
►kols 'iP E k i1
ir jlS S W
J
e n v e r
UauullmljsAV
An tli rue 1teQ SolidAj^'ii pplc
PriBcm
>ewToi
Gmmlsi^n^cAr/ov
llleb
| p“ » '™ n
Cannon viUo
o Ouray
_,J,
°&>pV^tvldcr|
—Mkx»dwarc
‘jU *
San la1Bm.harS-s;
f e t c W K S S ^ S
Y
eoo nop ; sfeACh
^ fo H ig lilu n d
^ f~ R c d Ia m l3
A'Oolton.
P L p e h r is ^.
W^S
AN^AClNTO
jtemecula \
|A
R (i
[SOROCCO
I SAN ANTONIO
feCAHTHAGE
Z O JN LA / '
rRANCHITA
\
ESCONDIDO>$3'
Yuma
■ ^ S lL V ^ J
■t'Clyy/T., 'it
njashl t'
°
Cmorado
~v
^ ^ A lb a n y ,
* ° Fecro^^M lfflH nd'J-£-!is 7 X ~
^NOGALES
Sierra B l a n c a ^ ? w S A N A N G E L O '
I'Tuscnmblii^
IO.NEY-,£..<PARIS_
IPOVE
E^ aooma 7,
;M'plLCdiy 1
Just ill!
w orth]
varado'~\__—VCT/
#H0rm osillo
BTorres -r^
SOritz x\y~
g w - —
__S------ p •gJACKSO'N CO
&
H ondcrsoii
GUAVM AS
\\J~
.Flanders
/
\
P
Concepcion
hihuahua
-X
gouT
SpoffortTJcI
\
conft'!pu> \ ^ ® a
Yoakum o/ Uo^cY\.t'iu5
Eagle PassY
*
.£Ji£LCklund
F loin a ton
:
®
r
y
/ (BATON ROUGE iIobj)(>oC
N I.A -V
V
\/h
\ r i
— -^upeiousas
\^abjiie Pas^ P/,cTKV' Vi
Be aj g K
M
t
V
'
Sabinas'
Jimenez
M
.
o Chino
Skidmhri
Nuevo Lat^c
Yenadito/j
Jhristi
Monterm
San Miguel
loros
[Von. I XU.
o Alamos
Jaral
E
XJc
iM erldi
JSan A u g u s tin e.
Carmen o
Laguna
o Sinaloa
T
_ g \ ;ic k s b u r g - ^ '
G A L V F S rO N
SANTA FE RAILROAD
S
kroOcP
Siireveport
'Midlothian \ V
A N D
Y
[Birmingham^
X
lestcm---__
•Pia^-Jb armersvilli*'
^ , 'D A b L A S ^ ^
X'^VCLEBURN^
Morgani
N
’ y*'.P
V N a L e im C o
|Carb^
S
N /
P e n 'y v j l l o
Mansfield
Alrdmoi'1
~P^0?Olr^ Oh
ffCuineral
p iag d a leu a
Puerto
ASH VILXE.
^ureu CJ
Wichita Fall;ls>aGAirurfiv'iecg
Estacaclo,
H agkeHP
»Catilina
S
tfaUTHRIE
JOKUAHOMA"^
WASHBURN
Clarendon
■^tRINCON
^ i k L a s Cruces
ATCHISON TOPEKA
jEscarbada
Roswell J
Crocker
'Florence
_Arapahoec
kN-HA'NDLE,^^
;.i n;•-•
___jj-Seligman
Thayer-;
EurekTrcjpr’s
y o t t e v H lo ^
HoxJoi
; St.Paul
S h a c tu a k ^
SUPPLEMENT.
ENQLEW.OCU
Caoadi
,M iami
V
a
so j ? •'-'V?
d js f~e o j?
’> ~ J^ < r r - Z £ J U L ‘t Z - r ~ £ J d
^ Jorome
J*
PA° ‘ I
% PrescottJ?
*',,Iton
/{Clinton
ROCKVALE
f J
AlamosaYv
\/y ,
/ )Sa
• a tig o ^ A n to n lto l ( o
BLOSSeURGC
St.Tiiomas]
fObispirc^Jo
3ES MOINES
jo*k ah*. •
j"
A T ''
Reveille
Ploeho o
'Candelaria
)San l.m s o V
A
Whiteesot
Tin tic
luwthorne
Palo55a? a ? «
A
MonterevCo \ MendotaTX v - \ U
m P Iw V
Sem ^^shei
I
Creek
-listin °R»by Hill
A
"<7~
^Harrington
fe t$ ii;i£ o —O '
^ B o u ld e r
Akr<mw
U tnh'Tr
.
Alpha. .
\ , tot? v H V ^ o lfa x ffif
____Ainsworth
Mullan Brewster
INVESTORS’
Helen;
(T
fat/rara
Colorado Ji ■■Cq% C K E Y £ N N E—~
■8 Parl& %
-Grixtl Salttiffr.&W.
Elko
ifMmi 0 » i p O T % r .
g
\ .Laramie
J Stoekton'
I', Ij!
^nlTdloTJup
fo Rosebud
igemont . )
_y7aki)ta.Jc:
[Co urnp I;BI uff
.Mountain City
VI Redding
Merino
/ Minn
m 7 ,j . . .j N
C aspar)?-^!,, j a
"— '''TvYondovor o'
Lander
yf0 mtai£o.
Homo'
Campo
Henderson
FIERRI
Sundance
■'-I
-‘.0 SALEM
'■'Eureka
Gettysburg
EAILKOAD
A p r il , 1896.]
STOCKS
AND BONDS.
15
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 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 t lie s e T a b le s ,
R AILR O AD S.
For explanationof columnheadings,etc., see
on t o t page o f tables.
Horuts..-I'rlne
IN T E R E S T OR DIVIDENDS.
Miles Date Size, or
im nnnt :z — --------------------------- ’------------— ------:pal,When Due.
Amount
Par
of
of
Outstanding;
a,iA
Road. Bonds Value.
'oft. Topeka <£ Santa Fe Railway—( Concluded)—
471
Guarantee fund notes, ext., red.at 100, gold---Old bonds not assentlmt to reorg. o f 1839. ,.e*,t
General raortga^# o f 1895, securing—
Prior lieu M s., $17,000,000, red. at 103, g .o * i
General mortgage bonds, gold, see te x t......... 6,431
Adjustment incomes, non-oam. till 1900............ 8,481
Equip. T r „ 3er. A.,g., $250,000 dr. y ’ly at p a r ...
Other car trusts..................................................
Old Atchison System—Cerrillo* Coal MR —
1st M.. gold, guar., ». f., subject to call at par. .0* . . . .
Old Atchison UR. System—Atlantic d Pacific HR.—
Receivers' notes In December, 1895....................
1st guar, trust i t ., $20,000,000, gold.................o* 692
West. Division 2d M. guar.,g. (s. f. drawn at 105).c* 560
Inc. bonds, non-eum.. W.D. ($18,750p.m .)..c*Ar
Central Dlv., l e t laud gTant mort., oumulative. ,c"
Income bonds, non-com. ($18,750 per mile) . c
439
A
1888
....
1895
1895
1895
1892
1802
$9,000,000
None.
$5,000
6 g.
693,000
l.OOOAe
500 &c, 98,165,500
500 Ac*. 51,728,310
1,250,000
500 Ac.
1,250,000 i
748,000
1,000
1895
1,000
1887
1,000
1887
1S80
50 Ac.
1871 500 Ac.
1.000
1882
18.87 1000,Ac
M. & N. N ew York, 59 Cedar St.: Nov. 1, 1898
..............
Various.
A. & O. New York, 59 Cedar St.
1925
A. & O. .New York, 59 Cedar St. Oct. 1. 1995
.............
:
1995
5 g. J. & J, N ew York and London. Jan .l ’97-1902
4g.
i s-
4 g. J. A J. N. Y ., Of., 59 Cedar S t ! Jan. 1, 1904
503,133
18,794,000
5,500,000
12,000,000
796,629
1,823,000 I
629,000
4 g. J. A J. J u ly ’ 93 coup,lastpaid. Jan.
1 , 1937
6 g. M. A S.
In default.
Sept, 1, 1907
6
A. A O.
................................... O e t l , 1910
6
At M at
.................................... Nov, 1,1901
Tuda 1 1QOO
6
J. A D.
Jan.,
'Ofi.paiiYveli.,
*96. Jan. 1,' 1937
g.
tJ.
A
J.
i A
INDEX.—V, 60,p .42, 180, 258,301. 391,479, 561, 605, 655, 685, 710
794, 872, 927, 967, 1007, 1057. 1103: V. 01, p. 68, 111, 151,195, 280
365, 516, 537, 610, 703. 749, 793,829,870.924,966.1012, 1061,1106
V. 62, p. 39, 84, 137, 259, 270, 318, 363, 587. 634, 682, 706, 725, 731
being wiped out. la return the Atchison w ill receive $1,971,550 in
cash for the $5,633,000 o f 8t. Louis & San Francisco consols owned
bv it.
“ s to c k ” The ’ preferred stock has preference as to dividends and
.........
...... .. the holder*
______ to non-cuinulative dividends a fte r
( O ld ) A t c h is o n S y s te m —C e r r l l l o * C o a l R K . —Owns 26.000
assets,........
and.....
entities
June 30,1896, not exceeding 5 p er cent per annum, as declared by the acres o f coal lands at CerriUos, N ew Mexico. Control acquired by
board o f directors out o f net protits. No other mortgage and no Atchison in January, 1892, and above bonds guaranteed. The sinking
increase in the preferred stock can be made without the consent of* a fund is to retire the entire issue by maturity. See V. 55, p. 983; V. 61,
p. 1153.
majority o f all the preferred stock and of all common stock re pro
seated at a m od n*. The total authorized amount o f preferred stock ,
„
I* $131.186,000, o f whloh$20,000,000cau
used only fo r the aoquisl
A t c b l e o n T o p e k a A S a n ta F e H n l l r o a d . —See above Ky. Co
tion o f the st. Louis & Sim Francisco, the Atlantic A Paid tic and the , ( o l d ) A t c h is o n It U .S y e tc m — A t la n t ic A P a c if ic H R . —R o ad
Colorado Midland, or fo r the construction o f a new line in place of the —Owns Western division from M eta, N. M „ near Albuquerque, to B ig
Atlantic A Pautlh . - tc „ to eoaimet the Hues to Southern California . Colorado River, 564 miles, and Central Division, from Seneca, Mo to
with the Atchison road in N « w Mexico.
Sapulna, Ind, Ter., 112 tulle*. Leaner from Big Colorado R ive r to MoTtiecommon stock authorized is $102,000,000,
^avm
■
J • • * Cal., 2-12 miles: trackage
r a w v a w n o Atcb.
a a i v u . Topeka
a v jfv a u A
vv. 8.
US. Fe
* c to
v v Albuquerque,
.4 4 0 U ljU O llf liC ,
Bonds .—T he new General Mortgage i A b s t r a c t V. 62, n, 731-739) Is " " *“L
' A 3 < S S ^ 1;li « rmnChW fo
- —«
* ~
mlne8'
<iuarrles, etc., 12 miles; total
Trust Co. o f New York as trustee, and gives a lien, | "Poratoa, 9*3 miles.
made to the Union Trust
either by direct mortgage o r by collateral trust, on the entire system
„
HisxoRv
and s to c k .—Chartered by act o f Congress July 27,1866,
m n n K t o n t 1! in
I *» i l i a A
r ....:
K ...* t .
1
...1_ .TVs a .a o c a s '
of u,481 mil.;* o f railroad, together with .dl the equipment and tor- ann IImportant
link in
the Atchison syntern.
Authorized
stock
$100,000
minala owned by tne company, and future acquisitions, subject only 000 (par,•,$100),
vw v>, o
mf which
wtuou y
i r . i w s i w baa
uas been
iiecu issued;
issuea; tne
$79,760,300
the Atchison
Atchison
to tut* *9,000,000 o f guarantee fund note* secured by m ortgage on and the St. L. A San Francisco own $17,083,-100, $51,503,800 of
the line from Atehl-nm to the western boundary o f Kansas, and sltb- this being owned by the Atchison Topeka A Santa Fe and the St, Louis
trolled com panic* amounting In the aggregate to about *698,000.
with Mercantile Trustee Company, N ow York, trustee under St. Louis
The total amount o f bond* secure*, by the .enerni M ortgage can & San Francisco consol, mortgage,
never In the aggregate exceed $165,490.51)0. including both the Geu ;
"
rral Mortgage bond* and the $17.000,0.>0 Prior Lieu bond;., of which
R b o kivkb sh iv .—Xu January. 1894, the Atchison receivers w ere
the latter arc merely a precautionary expedient. N o P rio r Lien bonds appoloteu receivers o f the Atlantic A I'ueltte; they resigned In Do
wn! be issued at present and none in the future uni.;-a extraordinary eemlter, 1895, and in January, 1896, Charles W, Smith was appointed,
circumstance* require.
j JV. 62, p. « 4 . 231.i Securities held by the Mercantile Trust Co. for tile
The general mortgage bond* have iw n , or may bo, issued a* follows: l* » guaranteed trust bonds wore sold April 22,1895, to representatives
: of tile ilr»t mortgage bondholders for #1,900,000. (V. 60, p. 479.)
operty transferred— -
on
.
ir.
-
,
... .
j ,. s...,,. ygg?
To retire at or before maturity t!;« folio wtug
land under the Western Division 2d M. were combined in January’
a. Guarantee fund note*, equ lp m t bond* and <■*r trusts
1896, and in Ap ril an early decree o f forelosure was expected. In lic ac not e ic «d tn e $ 1 .2 5 0 fo r each * 1,000 o f old bonds 15,500,000 comber. 1898. suit was brought to enforce the Atchison guaranty o f
ft. Noo a-t-vntiag bond* from reorganization o f 1880
. half the 4s. V. 61, P- 1106.
.$ 1,500,950 since roduect t o #698,000)
...............
1,500.000
r kc * iv b « * ' N otes —Note* have been aitthorixed as follow s: Janu
1,500,0001
€. OWc-AgD 4%Si. haul* i n W O tUfW f 8*
ary 19, 1804. fo r _taxes and wages. $210,000: March 26, 1894, for
F v rlin p r w 't*, tern ln M e, eemud trm k ,
ou\$nutter
;
rental
of Mojave Division, $218,133; April 22. 1895, for rental o f
emgetml?
* c- »»fc e\r*»<KttagMojave Division, ST5,00€). 'T'lie j.*roperty to Hew M exico h m been
OOb fm .k tjf o f wtitefi not m m $7M>j)OQ for
- 30,000,000 |upM
soIds-~Yr 82, p. 725,
Stiff
of St,- fjiOttte M Butt
A-Pfti&i'ic &
Oo k m o t h k *.-- Fr.uietis S.
J. O. MeOUllou^b, Otto T. Bautmrd,
Pa*slt!« m d Co!»ta4o
o f to
a
Uu»* in
I D* J. W eulnr and William B a ^ e t are a e tto f m a bondholders’ comm itplm v o f Atliiulte & F kmUHc, o» c«,
SoatV a
2d,9#,0Q0
?
tm
mortva^c
4
per
cent
guaranteed
trust bond-, m concert w ith
Outforam By. wltli tilt* AtfibUoa'* roatl to S #w M exico.
“ ' Amsterdam and fran k fort holders. Depositaries; State Trust Co,, N.
*
..
i
r
....
ss&wr&rrxSZ ........
*|%« p rk rr Um% dow ii are foot* t«wte*l rm lf in Umt o f geoeral mortgiig«
**•?> • * , , 1111(1 sunn ilMH .Vi*i . J);tlm, JJUsllHl, BWllWOVC illW itlSO AK'lllBOIl plftll.
boxtil^* anti in emw&o f th# lm*m of jprior Iton bomb, #1 ,£*»0 o f the gem1
jr >1.11 lit October, 1805, $ 17,845.000 ituaranteod 4m Imd been deposited. V.
n*ort£»*?« boiler* mtt»t be r * * v o * f for too fi4 e o »jitio « o f ouch
,000
8ju| I €*I , p, 880 In April, 1898, no mrr&nni?.atiou plan had been presented,
prior ’livu bjm U. A im , o f thfb #iT,O00,0toi 4 « too me*!, Si2,0»K>,000
..... i hut i t was Miought tie.- AteUtson people might mmn make some proposi
ke amount of exi*tiinr prior «e<”urltle>»; tion ti« the seen.'-ity holders. The Atchison new mortgage provides
aod ,000.000 are reserved tu t Ifflproriiiiin&td, a mi nrv to tie himwI only means for buildtlig an IndopondcBt toad to Southern California, if the
in
K»*neral murlau^e IhjiuI m can tint be wtu for SO per cent, and in
A, 4 £5 it#cif cannot be seen rial.
wot efeart afte r j e a r X$W*
*.jawBI
B o x m , Ac.-™The trust bonds due to 1937 were scoured by deposit
Mbtigwje { A b v t n t r f V. 82, p. 739,) 1# wade to tile Oentrat T r a it Co. In trust of $10,000,000 Western Dlv. and 82,794,000 Central Dlv. first
mortgage
bomb, and coupons for f2 ,524,150. The second mortgage
m trmUr®. Interest *m t k te>odi te nayaWe only out o f net earnings,
and U noncnomlatlTe till July 1, 1900, and cumulative toe realtor. cS5,5oo,0fM>) is held by the guarantors. [A b s tra c t o f mortgages in V.
49,
p.
302.1
D eform ! liabilities (due Aten, and S t L. <fe S. F.) June 30,
Present Im m te limited to f51,72S,000, but when the f.i0,000,000 genetai 4* anfliodxed' fo r improvcineate um shore have imen issued 0* e., 1894. $10,379.734.. Interest on guaranteed 4s due Jan. 1, 1894 and
since
Urn
not
been pahL
not imtoro Juno 3
0
, iMMItional ad|n#t*netit 44 may be Issued for
the same pofpewft to the amount o f |20|000,000i at not exceeding
P ukciias S raost so. F ac ,—In 1884 the Southern Pacific sold the 247
m m t Wttdholde-rs.
f 100, payable In Apr., 1905, to A. A P. first mort, b o»d«, tsaued on said 242
L atest K a h m s .;* .-•* ( 1-.95-6 ..Orr>*->. FJ0,KK.978; net. *1.925,833
- » '» r 1
S
« « » * • 19.343,751: art. 4.774.02b
E a k s i n u *. —The carulug* of tin: above-menth>nc*.i 6.4*1 luiicx o f rail
road from July 1 ,1693, to January 31, 1896. am m follow s:
Year ending
7 m m . ending Year ending
Jan. 31. *96. June 20, *95. June 30, ’94,
Gross earning* . . . . . . . . . . . . . . $17,804,026 938*532,983 $30,385,046
22,317,355
13.584,875
22,557,359
’ S ltW»t pl“ ‘c «>o f
n
n7 a n f
££“ 8
‘X li^ K ^ ^ o tS .^
knve a n giit to run through train* t o San Frunoiseo over the Southern
* u“
lin,:V! either on jan iiteige haul* or at 3 per cent per
• 50. Court an, to Southern
L and G r a n t .—T he grant claimed under the old A. A P. charter.of J u ly ,
1866,1s 25,600 acres jier mile in Territories and 12,800 acres In States .
On
the Western Division the company has earned under its grant 20,$7,828,255
Set earnings ............ .
1.098,182 295,296 acres o f land, 5,309,688 o f which were sold to June 30,1894,
Taxes and rentals,.—......... .
leaving 14,985,613 acre, undisposed of. Map o f land grant was publish
$4,461,081
$6,130,075 ed in Ch r o n icle . V. 36. p. 468. Expenses and cancellations exceeded
Net Income from operation.. $3,299,585
414.312
55.530
500,935 receipts for year 1893-94 by $39,37f.
Income from Investment*,..
EAJtMSGD.—0 months, 11895.........Gross, 91,869,360; net, $178,324
$1,876,203
$6,091,008
Balance applicable to lnt $3,355,115
July I to Dec. 31.
11894.........Gross, 1,032,167; net, 303,550
The entire fixed charge* o f the company are approximately $1,750,F inances ,—Net floating debt A p ril 3 0 ,1894, was given as .$589,506
000 per annum. In addition to this the Interest on the adjustment and to be provided for rolling stock and locomotives purchased
mortgage bonds, payable only in so far as earned .amounts to $*2,009,120. $1,048,126.
$4,309,151
1.009,566
$6.215,628
1,753,(547
O m cxu s*—AM aee F. Walker, Chairman o f the B o ard : E. P. Ripley,
E a RNWos.—statement for year ending June 30, 1895, was In Y. 61,
President, D. B. Robinson. First Vice-President; Paul Morton, Third p. 1061, showing (on 913 miles) gross, $3,508,238 ; net, $379,791 ;
Vice-President; Victor Morawetz, General Counsel; E. Wilder, Secre other Income, $24,227. Rentals, Interest on receivers* notes and dis
tary and Treasurer.
counts, *512,940. Deficit for year (exclusive of bond interest and in
terest on indebtedness to Atchison Topeka A Santa Fe Rail •
D nw TfO **,—Edward J, Berwind, B. Somers Hayes, Benjamin P, way Co.), $109,922.
Cheney. Cyrus f t Holliday. 11. Bieman Duval, v icto r Morawetz,
In year 1893-91 gross earnings were $3,137,780, against $3,564,045
Thomas P. Fowler, George A. Nickerson, Edward Jf. Gibbs, Thomas A. in 1892-93; net, $174,735, against $178,106, Fixed charges: Taxes,
Osborn, Charles a W eed, Edward P. Ripley, George « . Haven, William $125,000; interest on guar. 4s, $751,760: irit. on 2d mort.. $330,000;
Botch, Aid are. P. Walker. Chairman.
rental of Mojave Division, $436,266; rentals o f ears and tracks, $56,264:
total deficit, #1,713.522. against deficit In 1892-93 of $1,161,450; inter
O rricss Th» headquarters o f Chairman Aldaee F. Walker, Cotnp- est on unfunded debt due Atoll, and 8t, L. A San Fran, $766,843. (V
troiler John f>. Whitehead, Assistant Secretary L. C. Doming and GO, p. 470. 561, 710,747; V. 61, p. 111,280, 510, 680,829, 870,924.
Assistant Treasurer George C. Goodwin are at 58 Cedar Ht., New York. 1061. 1100. 1153; V. 02, p 84, 184, *231, 082, 725.)
16
INVESTORS’ SUPPLEMENT.
iV0L, LXII.
S u b s c rib e ™ w i l l c o n fe r a g re a t fa v o r by g iv in g Im m e d ia te n o tice o f a n y e r r o r d is c o v e r e d I n tb e s e T a b le s .
Bonds—Prlncl
IN TE RE ST OR DIVIDENDS.
RAILROAD S.
M iles , Date Size, or
pal,When Dne,
Amount
Par
When Where Payable and by Stocks—Last
Rate
per
For explanation o f column headings, Ac., see notes of 1 of
Outstanding Cent. Payable
Road. Bonds Value.
Whom.
on first page o f tables.
Dividend.
( Oid) Atchison System, Colorado M idland RR.—
( Old) Atchison RR. System— St. L o u is «* S. Fran,—
2d mart, (now 1st), A, gold ) (Paelflo to Seneoa.c
do
Series B, gold....... > Mo..A brandies, o’
do
Series C, gold....... i
291 miles.
o'
Mo.AWe#t.RR.lstM.,g.,$5,0O0yearlydr.atl05.o*
81. L. A San F. col. trust gold, sink. fd. not drawn.o
Gen. M-, g. (1st on 365 m.) $7,807,000 are 6s.o*
Collat.Tr. M. onbr’ches ($20,000 p. in.),gold. .0'
Cons.M. $50.000,000, gold, guar.p.ALby At,e*Ar
HI. L-Wleft.AW. 1st M,,red.at 105,g.,guar.p.Al.o'
Kan. C. AS. W. 1st M.. g.. red. at 110, mt. guar..o’
St. L. Kan. A 8, W. 1 s t « . , g „ guar., red. at 110.o
St, L. Salem A A.latM .,g., iuar.p.AL.red. at 105.e
Kan. Mid. 1st M.. gold, $15,000 p. m., guar. p.A.1. .o
Ft, 8. AV.B.Brldge lstM.,g.,dr,atl05,guar.p,&i.c*
(O ld) Atehison RR. Sys.—So. California—Prof.stook
Atlanta A Charlotte—Stock (see te x t).....................
Preferred mortgage, subject to call at 100...... o'
1 st M,{carrles yotlngpower 10 votes forea. bondjr
Inoome bonds (not cumulative), guaranteed___r
Atlanta A Florida—See Southern Railway.
Atlanta A West Point—Stock...... ............. ...............
‘ WW
' W- : i. - . .....................................
Atlantic City— ls tM .1g.,gu. p .& t (end.) by P.AR.o*
Atlantic Coast Line Co.—Stook, $10,000,600.........
Atlantic A Danville—lstm o rt., $1,500,000, gold,..c
See
“ C.M
294
294
294
82
103
964
55
1327
145
62
70
54
107
1876
1876
1876
1879
1880
1881
1887
1890
1879
1886
1886
1886
1887
1885
$100&e.
500 &c.
500 Ac.
1,000
1,000
1,000
i,o o o
100 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
....
100
491
100
269
1,000
265^ 1877
1,000
265*a 1877
500
....
1880
86
....
83
1881
1889
100
1,000
1,000
....
....
......
283
1895
1,000
[$500,000
6 g.
2,766,500
6 g.
2.400,000
6 g.
1,040,000
6 g.
1,014,000
6 g
20,100,000 5 & 6 g.
1,099,000
5 g.
See text.
4 g.
2,000,000
6 g.
744,000
6 g.
890,000
6 g.
810,000
5 g.
1,608,000
4= g349,000
6 g.
See text.
1,700,000 See text.
500,000
7
4,250,000
7
750,000
6
1,232,200
1,232,200
2,200,000
10,000,000
1,500,000
M. &
M. A
M. A
F. A
F. A
J. A
A. &
A. A
M. A
J. A
M, A
J. A
J. A
A. A
M.
A.
J.
A.
3ST. May, ’95, paid Sept., '95 Nov. 1, 1906
N.
N.
A.
A.
J.
O.
0.
8.
J.
8.
D.
D.
O.
May, ’ 95, paid Sept., ’95
May, ’95, paid Sept., ’ 95
Fob,, '96, pd.when due.
Feb.,’96, pd. when due.
July, ’95,pd. Dec. 2 ,’ 95
Oct., ’95, pd. Apr, 1/96
Oct. ,'93 coup.laetpaid.
Meh.,’96, pd. when due.
Jan.f ’94, coup. last paid
Meh.,’ 94, coup, lastpd.
Dec., ’ 93, coup, last paid
Dec., ’93,coup, last paid
Apr., '96, pd. when due
Nov.
Nov.
Aug.
Aug.
July
Oot.
Oct.
Sept.
Jan.
Sept.
Deo.
June
Apr.
1,
1,
1,
1,
1,
1,
1,
1,
i;
1,
1,
1,
1,
1906
1906
1919
1920
1931
1987
1990
1919
1916
1916
1936
1937
1910
& S. N.Y.Cent.Tr.Co.,54Wall Mch. 6," *1896
& O.
do
do
Apr. 1, 1897
A J.
A O.
do
do
do
do
Jan. 1 , 1907
Apr. T, 1900
6
J. & J.
Atlanta, Ga.
6
J. A J.
Atlanta, Ga.
5 g. M. A N. Phila., Read. Ter. Bldg.
Text.
Baltimore.
5 g- J. A J N. Y.,Mer.Tr., ALondon.
Jan. 10, 1896
May 1* 1 9 1 9
Oct. 10,1895
Jan. 1, 1950
(O ld ) A t c h lu o n K B . S y s te m .—C h ic a g o S a n ta F e A C a lifo i6 mos. end.
Gross
Met
Rentals o f Im proveBalance,
n ia . —Extends from Corwltii near Chicago, m ., to Big Blue near Kansas
Bee. 31.
earnings. earnings, track A equip, menls.
surplus.
City, with branches, 498 miles to all, o f wliioh 8 miles leased. Trackage 1895......... $3,243,398 $1,249,861 $115,773 $121,490 $1,012,598
into Chicago and Kansas City 17 miles. Atchison owns all the stock, Tear end. J u n e 30.
and o f tlie $15,350,000 1st mortgage 5s o f 1937 all but $629,000 are iS g o .. . ...... $6,081,421 $2,336,787 $188,727
$16,049 $2,102,011
deposited In trust under the Atchison mortgages, the $629,000 being - (V . 61, p. 67, 151, 470, 516, 557, Air, 703, 829, 965, 1012, 1 0 6 1 , 1063
still in the hands of the public. In December, 1895, foreclosure suit V, 62, p. 84,137, 187, 366, 549, 591.)
’
was brought by the first mortgage trustee. See V. 61, p. 1063; V. 62.
A t l a n t a & C h a r lo t t e A i r L i n e B y — f See Map Southern R a il
p. 276 ; V. 61, p. 610, 703, 1063.
way System.)— Owns Charlotte, N. C., to Atlanta, G a „ 269 miles
(O ld ) A t c h is o n H R . S y s te m .—St, L o u is & S an F r a n c ls e o Belongs to Southern R ailw ay system.
U y . —Owns St. Loins. Mo., to Seneoa, 326. m.; Pierce City to Wiohita.
L eased onMarch 26,1881, to the Richmond A D an ville (nowSouth
Kan., 217 m ites; Monett, Mo., to Paris, Tex., 303 miles ; branches, 199
miles: total owned June 30,1895,1.046 tulles, and leases 282 miles. ern Railway) for 99 years, at a rental o f $466,500 per year, equal to the
011
and 5 per cent on stock: if gross earning3 exceed $1 Also half owns the Atlantic A Pacific, 947 miles; Wichita , : Western,
oOO,000, dividends to be 6 p ercen t; and i f they exoeed $2,500 000 7
125 miles.
per cent. While not formerly assumed by the Southern R ailw ay Com
pany, the lease is held to have been “ eonstruotively ratified ” b v virtu e
R e c e iv e r sh ip ,—Receivers are J. J. MoCook and A. F. Walker.
In January, 1896, the receivers were ordered by the Court to retain g f
0P6raM°h- V. 62, p. 363 Southern Ry. eonsoL 5s fo r
in the system the leased lines known as the St. Louis Salem A Arkan $1,700,000 can be used only to acquire i f deemed best a like amount
sas.,St, Louis K a n s a s * Southwestern, Kansas Midland and Kansas o f this company’ s stock,
City & Southwestern. See V. 62, p. 137,187; V. 59, p, 1103,1037.
• D i y i p E S D S h a v e i,6eI1_ p ro ^ 188110 1889,inclusive, 5 p ercen tvearlv
Consol. Protective Committee, formed in Jan,, 1896: William T. Hart- in 1890, 5 X3; in 1891,6; in 1892, 6; in 1893, 6 p, 0,; 1894, 6 p. e * in 1895
13. Pierson Beebe, William Minot, David P. Kimball and Samuel O. City?'; (V. 609 p .?6 l'-' v p62 pP 3 6 3 T at’ Cllarls3 S‘ i ’airo!lil<1. N ew Y o rk
Eastman. Depositary, American Loan & Trust Co., Boston. V. 62, p. 84.
A t l a n t a & W e s t F o i n t R R . —Owns from Atlanta, G a .,to W es t
_ COWOss.—Interest was paid at office of the Receivers, Equitable
“ it168- In April, 1881, control was acquired by the
Building., N. \ e x c e p t collateral trust 6a o f 1880 at United States n OUI i’
Central
RR. of Georgia through lease o f the Georgia Railroad, e te f
”
Trust and collateral trust 5s|of 1887 at Union Trust Oo., N. Y.,as follows:
D
iv
id
e
n
d
s
begun
in
1855
were
for
many
years
8
p
ercen
t
per
annum.
„ .
. _ ,
,
Last coupon paid.
When paid.
Series A,, B. A C. bonds....................
May.1895
an d'ju ly11'
dan-> 1896, inclusive, 3 per cent each, January
Sept., 1895
Missouri A. Western 6s........................... F e b , 1896
A t maturity.
Collateral trust 6s o f 1880.................
Feb 1896
E ar n in g s .—S months,) 1895-6..........Gross, $389,995; net, $167,198
A t maturity.
General mortgage 5s A 6s................... July, 1895
July 1 to Feb. 29. (1894-5.......... Gross, 335,493; net, 146,740
Deo. 2, 1895
Collateral trust Ss of 1887.................. Oet., 1895
Apr. 1, 1896 ,
R e p o r t .—F iscal year ends June 30. Earnings have been—
Con*ol. mortgage 4s of 1890............... Apr., 1894
Mot paid.
1894-0, gross, $474,022; net, $197,008 ; 1893-4 <reoss $483 34.0St. Louis Wichita & Western 6s........... Mar
1896
A t maturity,
Kansas City A Southwestern 6s......... . Jan., 1894
Jan. 1, 1894
St. Louis Kansas A Southwestern 6s... Moll,, 1894
Moll.,
1894
S t Louis Salem & Arkansas 6s.............. June 1894>
N ot paid
Kansas Midland 4s............................ 1 j u n l 1894 (
N ot paid.
Fort- Scott A Van Buren Bridge 6s...... Apr., 1896
A t maturity
™ T ®I1g er®4 m Aiig.,’ 95. Consolidation in 1889. Contronedby
f 5 Reai^ 11^
Sto c k , common, $1,200,000: preferred
C a p it a l Sto c k .—Common, $35,500,000; preferred.$10 OOO o o o • 1 st
prof.. $4,500,000. Atchison owns $11,710,200commoA, $9 985 300 $1,000,000; (par, $50), of ■which $1,198,600 common and $952 300
°1
7^Led
P
i
Reading, and deposited as part security
preferred and $4,496,000 first preferred,
~
for their collateral os o f 1892. D iv id e n d s on preferred: In 1891 about
3
p.
e,;
m
1892
about
7-8
p.
c.;
in 1893 about 8*3 p. c. Trustee o f mortr..iA0Nrn; "re/V16, M ’^ M a l e d mortgage see full abstract in V. 54, p.
^41. On July x, 1895, consols outstanding were $11,494,800; demand rage Guarantee Trust & Safe Dep. Co. of Phil. In year ending j S e
loans due Atcluson $1*669,472, secured by $2,352 300 consols Uirldi -*0,189o, gross $842,364; net, $301,879; charges, $140,672 • balance
*
tional), and by $158,000 St. L, K, C. & S, W. 6s. N. Y Stock Exolianle surplus, $161,207. In 1893-94 gross, $783,620; net, $217,178.
in April, 1896, reported $14,294,500 consols outstanding
^ g
A t l a n t i c C o a s t l i i n e C o .—This company owns a m aioritv ofth A
R h0 KGA.vi z a t i on P l an . In April, 1898, a committee consisting of capital stock and a large amount o f the bonds in a se^es o f rafiroad
Loms Fitzgerald, Oliauinau; J.. Kennedy Tod, Isaac N Seli«man +°Slpa^ es de?o^uiate<| for convenience the Atlantic^ C olst Lfife ^fvs^
James A. Blair, B. 1. Cheney, 8. C. Eastman, Clias. S. Gieed and S* tern. Tlie system includes about 1,552 miles as follow s
Company—VSee this Oo.
Miles.
— O m n n a n y -t0U0WS'
M {{
Alsbery, presented a plan o f reorganization (see p la n in I S l in
C hronic Li:, for April 25, 1896,) providing for an independent reorgan Riehm, Fredki). & PotomaoTT.. 86 N orfolk A Carolina *i......
up
ization, the wiping out "by foreclosure of tlie Atchison's interest imtke Wilmington A Weldon It.......... 510 Northeastern, S. O.IT..
102
stock, the abandonment by botk companies of all claims and suits Wilmington Columbia A Aug.U242 Petersburg fl............................ gp
against one another, and the purchase at 35 per cent of the $5 633 000 Central South Carolina 1t. -. - -.. 40 Richmond & Petersburg f ...... 28
Ciieraw & Darlington.........
110 Other lines................................ 50
Jriseo eonsois held by the Atchison Reorganization Comniittee
J
42
ih e plan reduces fixed charges from $2,436,982 to $1 9 9 4 330 The Florence R R ................
company earned in the last fiscal year $2,336,787.
1116 Manchester A Augusta if. . . ” ” 1 7 1
It See this company.
NBTV SECURITIES,
Consolidated mortgage 100-year 4 per cent bonds. .
*50 000 ooo dond was l% p , c. declared payable Oct. 10 1895
'
i)le llrs td ivi4 irst preferred non-eumillative 4 per cent s to c k ......:.;]'
5 ooo 000
noI,-0Mmllal'i ™ *
cent stock............ 1 6 ® 000
0 Per
a
i
Railroad, sold in
urn nndooniiitlnns as Vo tlm otoer'S oM s^ S i^ ca aS m an ^ S i& B r^
,
-■ 1
•
L\J. wnicu Will b n TVPritriflr-rl lvvr
therl,eoa9h
them to .TObseribo (on "deposit o f © a c fi'^ l^ o o i
owe
sol
and
'rlle & l t o n y ' w ill be the
»£ * ® jg §
The follow ing is a statement of earnintm T>An+ni« ,, n •
for the Six mouths muting Deo 31^l ® S
t$ A S * knprpvembnts
June 30.1895, and does J l tocliulc k
n
f
e» a“ *
LATJulyPIVto
IF
? b ^29.
| m0S' , 51894-5..Gross,
(i18 § r K '- § r0ss’ ^379.323;
net, $91?66b
" ‘J 1
Peb.
340,604; net
47129
A x n u a l R e po rt .—R eport fo r y e a r ending'Tn na qa icjq , 5„
l i t Pon band’s0 j l n g:
$ 1 0 2 ,9 ^ .“ ^
ins,$L4,224; President,
A p r i l , 1S96. |
BA1LK0AD
STOCKS AND BONDS,
17
S a b a c r lb 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 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 se T a b l e * .
~Bonds—B rin ci
IN T E R E S T OR DIVID E ND S.
RAILRO AD S.
Miles Date Size, or
pal,W ien Due.
Amount
Rate per When Where Payable, and by Stocks—hunt
of
of
Par
whom.
Dividend.
Road. Bonds Value. Outstanding Cent. Payable
on first page o f tables.
A tla n tic A X orlk Carolina— 1st m ortgage............
Atlantic A St. Lawrence—Stock, 61 rental GrandTPl
A tla n tic Tennessee A Ohio— 1st m ortgage..............
Augusta A Savannah—Stock 5* rental Central Ga.
Augusta Southern—1st consol. M „ $-400,000, g ---1
Austin A Northwestern.. 1*t m o rt g „ ga. p A i- .o "*
Avon Geneseo A Jit. M orris R R .—Stock..................
Bald Eagle Talley— 1st mort. (a f., drawn at 100)..
Baltimore A A n n a p .S .L .S to cH ($500,000 Is p fd !. ..
1st m o rt (4 per cent after Jan. 1,1307) go ld .,...
Baltimore Chesapeake A Allan.—1st mort., gold.
Baltimore A Lehigh Rt/.—Mort., $250,000; no boi
B a ltim o r e A O hio—Stock (see remarks).........
le t and 2d pref. stock, euro.. $3,000,000 la 1st p:
Loan due to 1880. extended,payable at w ill...
Loan, 1853. extended In 1885, gold...............
1
!
1
;
I
150
44
53
85
103
....
90
. ...
28
89
i 379
379
421
421
Bond to City Baltimore (payable$40,000 yearly). 379
Consolidated mortgage (for $29,800,000) gold.c* ' 511
Loan, 1877 (s. f. Ur'n at 100) (B .* O.ACh.bd*.ooI‘I)<| 263
N, W. Virginia RR. 1st M. (ext. Id 1888) uuram.e >
B. * O. loan 1879 (Farkersb'g Br. bonds collat.) y ( 104 ]
Mort. on FhitsuBr., with Bait. A Ph lla. bds.as cole , 108
12
WaahC.A F.L.CAlex.Br.1 1st SLg.a.f.$36,000p.au
Pittsburg Sc ConnellsvOle 1st mortgage............... ; 149
Consol, mort., gold. guar. is. f. £7,200 pe* yr.l. 149
B. * O. loan,'85,g. (Pitts. Sc Conu.bds. as c o L .c 'o , t 149
....
1st Terminal mortgage, gold (see te x t)......... c*
Car trust loan, gold ($250,000pd.yeariy Jan.ll.ol
Equipment trust ($100,000 paid yearly A p ril 1:;
Eaaip. trust, Ber.B.,$200,000 due y'rly S o v. l.c*
$325,000
5,484,000
150,000
1,022,900
$ ib o
lyOOO
400,000
1894
1,920,000
1891
1,000
100
225,000
336,000
1880
1,000
900,000
100
r
600,000
1894
1,000
1,250,000
1894
250,000
25,000.000
io o
5,000,000
100
VS53 500 &e.
361,500
1,709,500
1853 500 Ac.
£100
9,301,512
1872
£200
9,634,504
1874
200.000
1875
i.o o o
11,988,000
1837
£200
6,681,804
1877
140,000
1855 $1,000
1879
1,000
3,000,000
£200
11,616.000
1883
540.000
1873
1.000
1,000
4,000,000
1868
£200
6,567,880
1876
1885 $1,000 10,000,000
8,500.000
1894
1,000
1,000
250,000
1887
400,000
1,000
1839
1,000,000
1,000
1390
1887
$1,000
£A$100
1883
A u g u s t a Ac s a v H iu m li H i t . —Owns from Milica to Augusta, Ga.,
63 miles. The shareholders In August, 1895, agreed to a new lease to
the Central o f Georgia, at 5 p er cent on stock. In place » f 7 p. e.
K ars ' isos.—For year ending Jane 30, 1894, gross, $201,854: net
$56,232. lu 1892-3 gross$254,945; Dot, 39L.688.-lV.61, p. 111,239.)
A u g u s la S o u t h e r n It I t .—O w n. from Augusta to Sandersvllle,
Ga,, 80m. (standard gauge), and Sandersvllle Sc Tcnntlle RE., t miles.
A reorganisation perfected to April, 1895, o f the Augusta Gibson &
SandersvlUe. First consol, mortgage tm stee is Central Trust Co., X. Y.
E arscbms*.—For year ending Jane 30, 1895, gross, $53,790: net,
$91: chargee. $6,319; balance, deficit. $6,228. In 1893-4, gross,
$68,093; net, $*,143. - iV . 60, p. 348. 561.)
A u s t in * N o r t h w e s t e r n H i t , —Owns from Austin to Llano,
Texas, 99 in.; branch, Falriand to Marble FaU»,ete-, 6 miles; total, 103
miles, all standard gauge. Stock authorized and outstanding $1,018,000; par $100, o f which the Southern Pact Bo Company owns $1,008,000. The land grant was 600,000 aero*. MoKToaGK trustee Atlantio
Trust Co. The 5 per cents are for $20,000 per mile and have principal
and Interest guaranteed by the Southern Pacific Company.
Earsktos .—U months. 1 1693.......... gross, $225,559; net, $74,991
Jan. 1 to Nov. 30.
{1 9 9 4 .......... gross, 230,741; net. 94.620
For year 1894 gross, $258,234; net, $109,094. In 1893, gross.
$254,98>.. against #304.208 in 1892; net $103,482, against $130,561;
other Income, $13,851 p Interest and taxes, #102,704.
A v o n Clen.-seo Sc f t * . O T o rri* K X , —t S*- Map Erie K K ,)- 0 w ii‘
from Mt. Morris to Avon, N ,Y ., 18mile*. Suce.-.-.r in 1660 to GenHR Leased to Erie RE. at rental a t 2% per cent on stock for 3
years from Jan. 1 ,1896. 3 per cent for 1 year wore and 'Ah per cent
thereafter.—i V. 62, p. 318, S89.I
H e ld K a g le V a lle y H i t . —Owns from Vail Station, Fa., to Lookhaves, Pa.. 51 m iles; breaches to Sugar Camp. etc.. 39 miles.
Lea*ed to Pennsylvania H it Co. for 99 years from December 7,1864.
Rental. 40 per cess o f gros* earning*. Rental In 1893 #158,399 ; tot.
and charges, net, $119,732; dividends (10 p. e,L #140,625; hU&tSf,
doffcH for year, $20,893. Rents! In 1894 $189,291, Stock nutiiortted.
#2,000,000; <m(standing,#1,535.000 (Par $50), o f which Pcnnsy!vanlu
KB. Jan. 1,1896, owned $700,250. Dividend* are paid F.AA.
f t n lt lm o r r Ac I n tia p o U s S h o r t l. lu e H H . —Own- road from
Baltimore to Annapolis, Md., 28 miles. Form erly Annapolis a B, 8. !>.,
sold In foreclosure In 181)4. St o o l —A uthorized stock, 31,590,000.
Issued—Common, $400,000; preferred, $50O,0<X). .Mortgage 1* for
600.000. Juiv, 1$96, interest was paid in advance in January, 1896,
aterest is pay able a t Safe Deposit Sc Trust C*>. o f Baltimore, For year
ending June 30,1895, gross earns., $76,785; net, $24,322,
B a lt im o r e < h. sap. ak.- A; A t l a n t i c K y . —Owns Claiborne to
Ocean City, Md., $7 mites; brooch, IV mile; total. 88 miles; from C'iatberee to Baltimore, 42 mile#, transfer !« made by water. B is t o r t .—
A reorganization 19 1894 of the Baltimore A Eu-terr* Shore, which was
sold Aug. 29, 1994 (V. 59, p .3 7 iV th e Maryland Steamboat Co., Eastern
Shore S. 8. Co. and Ohoptank a, 1>. Co. Fifteen boat* are owned.
Sto c k s a * i> BOSET*.—Preferred l- #1,500,000, entltU'd to 5 per cent
cumulative dividends; eon:mon, fl.OOO.OOO. Atlantic Trust Co,, N. Y.,
1* mortgage trustee. President, John E. Scarles, N ew York
A n s v a l R rpo * t .™Report (or year ending August 31, 1:993, was
given In V. 62, p 274, showing earnings ra follow-.: Gross, $514,10$;
net,. $129,806;;-other siicoote, $'19(1: IhtOrosi, etc,, 862,742: balance,
surplus, $07,750. to 1893-94 gross $314,109; net, 120,806.-<V. 59, p.
152, 371; V. 60, p. 927; V. 62. p, 2 1 4 .)
«
f
B a l t i m o r e Ak I . e i i l g h R a i l w a y . —See S c i t i -Ev e s t o f Jan. 1895
B a l t i m o r e A- O h io H H .—fkre Jf.ipf.—R o a d .—Operate* fromBnltt
more t o ■Philadelphia and Baltimore to Chicago, and has, via the Balti
more A Ohio $. w., a direct route to Cincinnati and St, Louis, the total
mileage teased, owned and operate.; (excluding the Balt. A Ohio Sou th,
western) being to July. 1895. 2.094 roil.-, o f which 773 miles are
west and X,32i mile* east o f the Ohio R iver The "B lu e I.lnu-” (see
Central RR. o f N. J.) enable* It to reach N ow York, near which, on
Stateo Island, it has f reight terminals. See g. I. Rapid Transit.
Also operates the Valley RR, o f Virginia, 62 m t e , ami Fairmont
Morgantown A Pittsburg. V. 57, p. 255. Controls Cleveland Terminal
A Valley R y „ and is Interested in the West Va. A Pittsburg (see that
Baltimore Belt lino (tunnelline in Baltimore) was opened May l,
1895. (V. 00, p. 258, 794.)
K isto W L U sa*K», AO.—Chartered in Maryland Feb. 2$, 1827, and In
V irglni* March 3.1827. First section opened M ay 24,1330. The Tele
graph Co's, stock was sold to Western union for 85,000,000 Western
ualon stock at par and a rental o f $60,000 per year for fifty year*. In
March. 1896. 8 l,66GtiQ0v of the Western Union stock was reported
still In the treasury. A Contract or lease made with the Chic. A N, Pac.
to Dec., 1:991, giyo* ns* o f terminals In Chicago.
A controlling interest in the stock o f the Pittsburg Sc Western (which
see: was acqu!r.-.l in 1891—see below. Also owns a controlling interest
to the P,. 4 0 . s. w., whleh see. For contract '.Vith Akroii A Chicago
Junction and Baltimore Belt roads see V. 31, p. 344. Tha Baltimore
Ac On)*** agrees to make up any deficiency in interest on $6,000,000
first* o f the Baltimore Belt.
6
6 per an.
6
5
5 g.
5 g.
See text.
6
J.
M.
A*
J.
J.
J.
A
A
tfe
A
A
A
J.
3.
0.
J.
D,
J.
B a lt„N l.F ’rm’ rs’ A F .B k July 1, 1917
London and Portland. March, 1896
N.Y., J.P. Morgan & Co. Apr., 1913
See text.
Jan. 15,1896
Dec. 1, 1924
1ST. Y., Cent. Trust Co. July 1, 1941
N ew York. E rie RR.
F. & A. Phila.,F.Ins.Tr.A8J>ep. Jan. 1, 1910
3-4 g. J. A J.
See t e x t
5 g. M. A S. New York,22Winiam St.
6
See text. M. A N. Balt. Office, C en t Bldg.
6 i*er an. J. A- J.
do
do
4
J. A J.
do
do
4 g. A. A 0.
do
do
6 g. M. it 8. Lond’n.BarlngBros&Co
6 g. M. it N. London, J.S.MorganACo
J. A J.
6
Baltimore, Office.
5 g. F. A A. N. Y „ Union Trust Co.
5 g. J. A D.i London,J.S.MorganACo
J. A J. Baltimore, B. <fe O. BR,
6
6
A. & O. Apr.,’96, op. purchased.
4b, g. A. & O. Apr.,’96, ep. purchased.
6 g. J. A D.
Baltimore, Office.
7
J. A J. Baltimore, B. A. O. RR.
6 g. J. A J. Loiid'n, J.S.MorganACo.
5 g. F. A A. N. Y., Union Trust Co.
4 >c g. J. A D. N. Y., Brown Bros.ACo.
4*s g. J. A J. Balt’me, Merc. Trust Co.
A. A O. Phils,, Fin’ce Co. of Pa.
5
M, A N,
5
do
do
Jan. 1, 1944
Sept. 1, 1934
S ov. 15,1894
Jan. 2, 1896
A t will.
Oct. 1, 1935
Meh. 1, 1902
May, 1910
Tuly, ’ 96*1900
Feb. 1, 1988
June 1, 1927
Mob. 1, 1902
Apr. 1, 1919
Apr. 1, 1933
June 1, 1913
July, 1898
Jan. 1, 1936
Feb. 1, 1925
June 1, 1934
Jan. 1. 1897
In November. 1895, an important change took place in the direct
ory, the follow in g representatives o f New York and London hanking
houses succeeding Baltimore men. Louis Fitzgerald. President M er
cantile Trust Co.,'N. Y.; Eugene Delano of Brown Brothers; Wiiliam A.
Read o f Vetmilye At Co., and Howland Davis of Blake Boissovuln &
Co. o f London. Subsequently Sir. -Mayor resigned from the Presidency
—S eeV . 61. p. 9 24 ,1 1 06 ,1153.
K eck tvEtr-HIP,—On February 29, 1898. the President, John K.
I Covvi n and Vice-President Oscar G. Murray were aupointed receivers
of this company, owing to the inability o f the company to pay March
' in terest.-(V . 62, p. 455, 598.)
RKoaoAStlZATioN CoMMtTTKES, E ro,—The follow ing oomniittocs have
been organized will; reference to reorganisation or to protect the sev
eral Issue of bond*, but in A pril, 1896, no stops looking to reorganiza
tion had been taken, though It was -md efforts were making to unite
the N ew York and Baltimore committee*.
Neve York ItrorgtmisaHan Committee.—Louis Fitzgerald (Chairman),
Eugene Delano, Edward R. Bacon. Howland Davis. William A. Read,
August Belmont, Henry Budge; Bec’y, U. 0. Doming.—(V. 62, p. 455.)
Baltimore Reorganisation Oommilfrr.—Represents alt the securities
of the system : Alexander Shaw, Chairman; C. Morton Stewart, John
GUI, J. G. Harvey, T. Edward llambtetori, Janie* I.. Me.Lane, William
A. Fisher and D. Fahnestock, with John M. Nelson aa Secretary, 9
South Street, Baltimore, M d .-(Y . 62, p. 547.)
Term inal Bonds o f /«-,(*.—Sco V. 62. p. 58S.
Lomton Committee,—In Itond«m Messrs. J. 8. Morgan ,fc Co., Brown,
Shipley A Co. and Haring Bros. Sc Co. (Ltd.) are co-operating for the
protection of English holder* of securities issued through them.
Loose o f I V ,.—Speyer A C o, in New York, and Speyer Brothers, lu
i London, w ill receive deposit* o f these bonds.—(V. 62, t>. 455.)
Sehuglkill East Side Firsts.— M' -.rs. Dick Brothers A Co,, Philadel
phia, request holder* to communicate with them.
fcSTKRKST F u u m ) DCK SlXCK RhCKt VKHSUIP.—
Loan—
Interest Payable. When Paid.
B. * O. extended 4* o f 1853................... ApL 1, 1996
Apt. 1,1896
Parkersburg Branch 0 * ............. .. .......... A pi. 1 , 1896
Purchased#
Philadelphia Branch 4>ss ................... , ApL L 1896
Purchased*
PH 1*. Clove. A Toledo first 6 *.................. A p t 1, 1896
A p t 1 ,1996
West Va. A Pittsburg first 5s .................. Apl. 1, 1890
Aid, 1, 1890
Staten island R, T. first 6 * ...................... Apl. 1, 1996
Apl, 1, 1896
« By J. P. Morgan Ac C o , N. Y , and J. 8. Morgan * Co., London.
* Brown, Shipley Sc CM, London.
Ca p i t a l sto ck .—Preferred stock Carrie* 6 p ercen t dividend* only.
In Nov. 1891, the stock wa* increased from #14,792,560 to $25,000,OOO to pay a 20 per cent stock dividend. $2.1(51.800 for purchase of
Pittsburg A West. RR. stock and about $5,090,000 for Improvements.
DtvnK.sn* since '8 5 , > '80. '87. '88-‘90.
’91. ’02, '93. '94.
On common........... t
8
i
None.
20* 3%
5
It )
In 1895, none See V. 01, p. 703. ('I n Mack Deo. 31,1891.)
Bo nos,—In addition to bonds given above a* (mtstatidlng the B. 4 0.
sinking funds held June 30,1895, consol* of 1887 to the amount o f
$4,865,000 (interest on whleh 1* paid in consol* thenuMslves) and other
ilm -cla** tutcrest-hcartng bonds to amount o f $3,366,196. V. 01, p. 928.
The loan o f 1383 is secured by first mortgage on the road from Can
ton, M d , to Delaware State line, 52 miles, and by pledge o f first mort
gage bonds o f Bait, Ac Philu. R R , Delaware state Hue to Junction near
Philadelphia, and Landtmberg, e tc , branches, 56 m .; total, 108 miles.
The consolidated mort. o f 1987 (trustee. Mercantile Trust Sc Dep. Co.)
covers the main tine. Baltimore to Wheeling, and branches, 144 tulles,
the tw o Ohio Riverbridge*, stock o f the Washington branch for $1,028,000, and the entire Issue o f first mort. bonds ($5,000,000) on the road
between Pittsburg and Wheeling. Consols unissued are reserved to re
tire prior bond* not provided for by sinking fund*. Abstract V.40, p. 804,
The terminal mortgage of June 1, 1894 (trustee, Mercantile Trust Co.
o f N. Y .L cover* certain laud* and terminal properties used hr the com
pany In Baltimore, Cumberland, Brunswick. M d , and Benwood, W. V a ,
and at Fhlla, and Plttslnirg, Pa. It is also secured by deposit there
under of certain stocks and bonds o f the Metropolitan Southern K R ,
Schuylkill Elver East Side R R , Washington As Western Maryland R.R,
and Georgtowu Barge Dock Elevator A By. companio*, amounting to
par value o f $1,773,250. The mortgage provides for a present Issue of
$8,500,000 gold 4>a per cent bonds and an additional Issue o f $6,500,000. Sec abstract in V. 59, p. 71,72.
GtjAttAh'TiKS.—In addition to the bonds given In the tabic, the com
pany guarantors the following bonds. See statement for this co.1T
B. it 0. Southwestern 1st. 4'c*.
t[ Win. & Potomac, $147,250 1st 6s.
do
do
1st consols.
Columbus A Gin. Midland 4 Ls. *
Cievo. Term, A V alley Ry.
11 Pitt*. Clev.vfeTol, as to t o t , 1st 6s.If
Staten Island R. T. 2d 5s.
If West Va, A P itts , as to in t, 1st 58.$
Valley o f V a , $413,000 1st 6*. Vi I
G en-krai, F is a sc e s , Ac.—Tills eonipany operates one o f the leading
trunk lines to Chicago, as well as to Cincinnati and St. Louis. In 1892
cash dividends were resumed; in May, 1895, no dividend was paid.
Special loans and bills payable were $4,019,441 July 1,1695. For off
sets *oo OHJtolCIcr.B of Nov. 23, 1895, p. 928.— V. 61. p. 1153.
The floating debt o f March, 1896, was variously estimated as from
$12,000,000 to $15,000,000, offset In part by securities In treasury.
INVESTORS’ SUPPLEMENT.
18
[V o l . L X II.
S ub*. |-U>, r « W i n c o n lc r tt 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 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 .
iBonds—PrineiIN T E R E S T OR D IVID E ND S.
RA I L ROADS. _
I Miles f Date Size, oi
. jpal.WhenDiie.
Amount
Par
Rate
When Where Payable, and byj Stocks—Last
explanation o f column beading , ik«.,see notesi of j of
Outstanding
P er cent. Payable
Whom.
Dividend.
i Hoad, Bonds Value.
on first page o f table
Baltin
IS .
Ohio (Concluded ) i|'!-l
_ urn
$3,000,000
i’ 89-’90 $ .......
5 g.
1,000
4,500,000
10 ! 1886
700,000
1,000
5 g.
32 1889
1,000
350,000
5ki 1889
5S1,000
5 g.
1,500,000
73 1890
1,000
6,000,000
8 1890
1894
Apr.’ 94,none
7
1,000
333,000
5 1869
1,000 10,667,000
4% g.
281 1889
1,000
6,468,000
6 ife 7
393 1868
1,000
2,952,000
7
393 1871
1,000
7
1,993,000
222 1874
362,000
5
1883
1,000
6
212,000
•87-’91 1,000
909 1893 l,000&c 10,483,000
A1!! g.
1,000
18,750,000
5
909 1893
1892
1,000
1,200,000
I «•
1,000
1,500,000
I 1!! 1871
6 g1,000
3,000,000
90 1871
£ g92 1889
1.000
3,000,000
g
e‘
1,000
2,688,000
168 1893
| B.
5 g.
See text.
1895
300,000
77 1883 500 ifeo.
1,000
925.000
6& 7
77 1869
1,000
10 1889
100,000
5 g.
1,000
10 1893
200,000
5 g50
150
5,500,000 < per an.
150 1886
1,000
5,000,000
4 g1,000
500,000
150 1892
f S4 g.
803,100
1891 100 &o.
....
®'3 | MomiiiKfthela River RR., le t M., g, guar.o
“ 2 ( Bait. & K, Y. RE., 1st M., gold,guar.-.eai
1 Akron * CIilc. June. 1st iu„ gold, Int. gu,0'
*■3 I Ba4t.Belt.l8tM.for #0.000,000,K.,int.gu.0’
i 2d mortgage, $2,500,000, gold.............
Balt, if Ohio Southwest.—Oin. * Balt. 1st mortgage.
B. &G. 8.W. UR., 1st M „ gold (guar. p. & i„ end.),e‘
Ohio it Miss., 1st eon. M „ s. f. ($83,000 are 6s).o'
2d oouboI. mort, (sink, fund), no drawing----e'
8pring.Div.(8p.&III. 8. E.) 1st M.($3,000,000)0'
First general mortgage...... ............— ........c*
Income mort,, A & B (A, $8,750,000).......... e.fcr*
B. & O. 8, W. Term, Co. 1st M. gold, guar., jkfci.o*
Balt.rf Potomac— 1stM . (tnn.|g.,8. f.lp.e.,nOtar'n.o'
1st M .,road,Kuar„gold,a.f. 1 p. o„ not drawn..o'
Consolidated mortgage for $10,000,000, gold.,o*
Bangor d A r —1st M, $3,300,000($16,000 p.rn.) g.o4
i ,1 I « g e , $1,050,000($5,000a mile), gold ...
Baug.it Ptsoata.—Prof.M. Green Ext,,"assumed.
Bonds bold by City of Bangor, $600,000 are 6s
Bath 11 Hammomlsport—1st mortgage, gold..
Second mortgage, gold... — ......................
Beech Creek—-Stock (guaranteed 1 per cent by end.)
le t M,,g, guar. p.&f. (end.)............................... e*r
2d M. for $1,000,000, gold,guar, p. & 1. (end.j.o&r
C’ learf.Bitiim. Coal 1st M.,int,gu. by Bit. Cr.,gold.c
J.
F.
M.
M.
M.
&
&
&
&
&
..............
I
D. ! Phila,, Solicitors’ Co.
A. IN . Y., Central Trust Co.
N. N.Y.,J.P.M.&Co,;&Balt,
N. N. Y., Mere. Trust Co.
N. N.Y.,BrownBros.&Balt
j . & j . N. Y., Farmers’ L. & Tr.
do
j. & j.
do
do
j. & j .
do
do
A. & O.
do
do
M. & N.
do
do
J. & D.
do
Various N .Y. BaringMagoim&Co
J. & J.
New Y ork .
See text
See text.
M. & N. N. Y-, Farmers’ L. & Tr.
J. Balt. Office and London.
& O. Balt. Offieeand London.
J. & J.
do
Calvert 8t.
& J. N. Y., Guar. Trust Co,
J. & J. N .Y , U .S .M tge.& T.C o.
A. & O. Boston, Mereh. Nat. Bk.
A. & O.
Bangor, Me.
J. & D.
N ew York City,
do
do
A . ife O.
Q .-J . N.Y., Gr’nd Cent. Depot
, & J.
do
do
do
do
. & J.
. & J. N .Y ., Kniekerb’r Trust.
Dee. 1, 1935'
Feb. 1, 1919
M ay I , 1939
Nov. 1, 1930
Nov. 1, 1990
Apr. 1, 1944
Jan. 1, 1900
Jan. 1, 1990
Jan. 1, 1898
Apr. 1, 1911
Nov, 1, 1905
June 1, 1932
10 p. e. yearly.
July 1, 1993
July 1, 2043
M ay 1, 1942
July 1, 1911
Apr. 1, 1911
July 1, 1929
Jan. 1, 1943
July 1, 1945
Apr, 2, 1913
Apr. 1, 1899
June X, 1919
Apr. 1, 1923
A p ril, 1896
July 1, 1936
July 1, 1936
Jan. 1, 1940
Improvements, etc., w ill call for the expenditure of a large sum. I t is
said that 5,000 freight ears and 75 locomotives will be purchased at
ouce.
By consolidation of the B. & O. Southwestern and Ohio & Mississippi,
Nov, 1, 1893, the B. & O. gained a direct line to St. Louis. In October,
1895, possession was taken of the Cleveland Terminal & V alley R;..
(the old Valley of Ohio), its bonds being guaranteed and Its stock con
trolled.
The loan of 1870 ($3,454,792 outstanding) was paid when due March
1, 1895, from sinking fund and issue of $1,888,000 consol. 5s.
Interest dividend o f 2’ r per cent was paid Nov. 1, 1895 on “ A ”
incomes; this is the first payment since the consolidation.
Ohio a Miss, general mortgage bonds were mostly deposited for ex
change; hands o f this and other issues outstanding June 30,1895, are
given in tbe table above, equipment trust 6s as of Dec. 15. These is
sues were originally as follow s: 1st consols, $6,613,000; 2d consols.
$3,213,000; Spring. Div., $2,009,000: O. <5sM. first general mortgage.
$4,006,000; Cinn. & Bedford 5s, $135,000; New Albany & Easi. 5a,
$150,000. For terms o f exchange see Sept., 1893, Su p p l e m e n t .
Loans and bills payable June 30,1895, w ere $322,724.
E arning s ,—7 mouths,) 1895-6...gross, $14,561,962; net, $4,513,112
July 1 to Jan. 31.
i 1894-5...gross, 13,778,131; net, 4,413,786
A n n u a l R e p o r t — Fiscal year ends June 30, Annual meeting at
Baltimore on the third Monday of November. Report for 1894-95
was given in fu ll in V, 61, p. 922, 927. See also editorial, p. 899.
Tear ending June 30—
1895.
1894.
1893.
Gross earnings........................ $22,817,182 $22,502,662 $26,214,807
Operating expenses.;............. 15,801,043
15,560,689
19,041,982
E ar n in g s ,—7 m os, ? 1895-6...... gross, $3,939,049; net, $1,389,649
July 1 to Jan. 31. 51894-5......gross, 3,827,542; net, 1,455,026.
G e n e r a l F i n a n c e s — Though this company is controlled by the B. &
O., which went into receivers’ hands Feb. 29, 1896, the B. & O. S. W.
was not affected by that receivership. V. 62, p. 455. In February'
1896, $700,000 consol,
were listed, having been issued fo r
improveinents, equipment, etc.
A n n u a l R e p o r t .— The fiscal year ends June 30. The second annual
report given in V. 61, p. 922 and 929 covers the year ending June 30,
1895, and compares as follow s with the previous 12 months.
Tear end.
Cross
Net.
Other
Interest,
Balance,
June 30, earnings.
earnings.
income.
taxes, Ac.
surplus,
$2,305,931
1895...... $6,323,036
$2,250
$2,096,125 $212,056
1894...... 6,260,197
2,296,195
4,818
2,016,583
284,430
* The charges for 1894-95 Include interest on debt, $1,761,486; taxes,,
assessments, etc., $274,639; rental B. <te O, S. W. Terminal Co., $60 000
—(V, 56,p 332,414,440,464,504,580,669,1057; V. 57, p. 341, 721
763; V. 58, p. 382, 635, 637; V. 59, p. 650, 919, 9 6 6 , 967; V. 60 p!
929, 1144; V. 61, p. 793, Sq4, 9 2 2 924, 9 29 ; V. 62, p. 412, 455.
Net earnings...................... $7,016,139
Add income from other sources 1,627,595
$6,941,973
1,982,858
$7,172,825
2,251,377
Total net income................ $8,643,734
$8,924,831 $9,424,202
Net earnings Wash’n Branch..
174,410
205,001
213,537
Fixed charges........-................ 6,759,643
6,522,581
6,697,225
Divld's on 1st and 2d pf. stock.
300,000
300,000
300,000
Dividends on eommon stock!)..................... (24a) 624,935 (23s) 624,922
Payments to retire bonds.........
770,164
760,347
759,711
Leaving abalanee otli........
$639,517
$511,967
$828,807
t[ From the balance for years 1893 and 1894 were paid in November,
each year, the common stock dividend for the six months ending June
30. In November, 1895, no dividend paid. The dividend charged, to
earnings is only that paid in May.
---------- 1895.----------, ---------- 1894.-----------,
Tear end. June 30—
Cross.
Net.
■ Cross.
Net
Main Stem, tea............ $10,806,337 $4,142,107 $10,685,829 $4,107,708
Parkersburg Branch... ,
731,421
167,717
753,401
175,084
Washington Branch......
624,812
174,410
656,561
205,001
Philadelphia Division... 1,776,317
558,482
1,833,842
514,070
Pittsburg Division........ 3,015,727
921,141
2,602,334
709,312
Wheeling & Pitts. D ry..
683,775
81,161
489,447 def, 10,019
Midland Division..........
399,910
98,004
347,300
75,782
Central Ohio Division... 1,096,602
206:833
1,069,428
166,658
Lake Erie Division........
714.171
108,487
706,093
126,400
Btraitsville Division—
123,572 def.2,015
99,623 def. 12,445
Chicago Division.......
2,500,745
504,880
2,870,546
815,198
Akron Division............
393,794
54,981
388,458
69,274
B a l t i m o r e life P o t o m a c B B . - O w n s from Baltimore, Md,, to
South End Long Bridge, Va., and branch, 44 m.; and from Bowie toPone’s Creek,49 in.; total, 93 miles—including tunnelin City of Balti
more; leases branch 4 m.; total 97 miles. Controlled by Penn. RR. Co.
Sto c k .—$4,914,250 (par $50), of which Pennsylvania RR. owns
$4,081,100 and Northern Central $622,850. B onds .—Consols are
reserved to retire all the prior bonds as they mature. The first mort
gage bonds are guaranteed by Pennsylvania RR. and Northern Central
E a r n in g s .—I n year ending Oct, 31,1895, gross earnings, $1,974,671
n et,$619,524; interest on bonds, $420,000; int. on equipment, $47 992other charges, $100,847; balance, surplus, $50,685. In 1893-94'
gross, $1,834,528; net, $506,415.
l i a n g o r & A r o o s t o o k B B . —(SeeMap.) O wnsBrownviUeto Houl
ton, Me,, 94 m iles; Ho niton to Caribou, v ia Presque Isle, 7-i miles
branch, Oakfield to Ashland, 43 miles (owned Jan. 6,1 89 6 ); total
211 miles. I t operates under 999-year lease (terms V. 56, p. 204)
the Bangor & Piscataquis RR., Oldtown to Greenville (Moosehead
Lake),
77 m., with its leased line to the Katahdin Iron Works, 18 miles,
T o ta l....................... $22,817,183 $7,016,138 $22,502,662 $6,941,973
and has assumed Bangor <fc Piscataquis bonds. Total operated, 306
O ffic ers — Receivers, John K. Cowen and Oscar G. Murrayi miles. Stock authorized and outstanding—Common, $1,050,000; pre
appointed February 29. 1896. President (elected January 24,1896), ferred,5p.c.,non-cum .,$1,100,000-p a id in ,$821,161; par $100. F irst
John K. Coweu,
mortgage trustee is Guaranty Trust Co. o f N. Y .—V. 56, p. 204.
The line from Brown ville to Houlton Was opened Jan. 1, 1894 and
— (V.60. p. 42. 258. 348, 391, 711, 794; Yr. 61, p. 70, 111, 153, 473, 558,
569, 661.703. 749. 818, 829, 8 9 9 , 9 2 >, 924, 9 2 7 , 1106 1153; V the line from Houlton to Caribou was opened Jan. 1.1895
The charges and rental of the Bangor &.Piscataquis, leased from City
62, p. 184, 231, 318, 363, 412, 414, 455, 547, 588,591, 634.)
of Bangor, are $83,950 per annum. The State of Maine refunds 95 per
B a lt i m o r e & O h io S o u t h w e s t e r n B y . —f NeeMap o f Balt. A Ohio). cent o f all taxes levied on road and leased lines. In addition to the
Road Owned—
Miles.
Hoad Owned—
Miles. proceeds from bonds $5,500 per mile, derived principally from sub
Cincinnati to East S t Louis___339 Blancliester to Hillsboro......... 22 scriptions to preferred stock, have been spent on construction.
No. Vernon to Jeffersonville... 53 New Albany & Eastern.................. 8 Second mortgage bonds for $840,000 are held by the Aroostook Con
Beardstown to Sbawneetown..228 Cincinnati & Bedford............. n
struction Co., bnt can only be sold to pay any excess o f cost o f road over
Cincinnati to B e lp re............... 193 Trackage in Cincinnati............ l first mortgage bonds and stock subscriptions.
Marietta to Belpre................... 11
A statement relating to this company w ill be found in the Ch r o n ic l e
Portsmouth to Hamden.......... 55
Total operated June 30,1895.921 o f A p ril 27,1895.
Double track and sidings 275 miles.
E a r n i n g s — 2 months. \ 1896.......... Gross, $104,664; net, $40,236,
Jan. 1 to Feb. 29. j 1895.......... Gross, 102,645,-net, 34,295.
H is t o r y , E tc .—T ills railway co. was a consolidation on Nov. 1 1893
<; i tbe B. & 0. 8. W. ItJi, and the Ohio & Miss, per plan in V. 56, p. 504!
A n n u a l R e p o r t —A statement for year ending Dec. 31,1895, was in
V. 62, p, 454, and announced th a t: “ Owing to a change in the method
Ca p it a l Stock .—Stock is $30,000,000, o f which $20,000,000 is 7 n of keeping the expense accounts of the company the figures include the
«• non-cumulatlve preferred. The $10,000,000 common is held by the expenses of thirteen months instead of tw elve months, $28,481 o f 1894
B. & O. and carries control. A ll the stock has been issued, but to expenses having been included in 1895 expenses. The actual surplus
April, 1896, only $19,262,150 preferred had been listed on the for the year 1895 was therefore $47,710.” Gross earnings were
Now York Stock Exchange.
$721,822; net, $239,200; fixed charges, $219,971; balance, surplus
B onds .—A bstract ot .first mortgage o f 1889 (guaranteed by B. & 0 .) $19,229. Y ear ending Dec. 31,1894, gross, $366,290, against $190,338
was m V. a i. p. 245. Of the $37,500,000 firs t consols,, also guaranteed In 1893; net, $124,552, against $60,550.—V. 60, p. 747. 794- V 61 n
principal and int. by B <fe O., $11,000,000 are reserved to retire at ma 610, 793, 829; V. 62, p, 4 54.
’ p’
turity the B. & O. S. W. firsts; $1,500,000 to retire a like amount of
B a t h & H iim m o n ils p i. i t B B . —Owns road from Bath, N. Y „ to
Ji, if- 0. s. w. Terminal f i r s t s $20,500,000 were to be issued in exo ban ire for Ohio & Mississippi bonds o f the several issues and the pre Hannnondsport, N, Y., 10 miles. Chartered in 1872. STOCK,$100,000ferred stock; and $4,500,000 will be available for Improving the Ohio par,$100. E ar n in g s .—For year ending June 30, 1895, gross, $34,809;
& Mississippi and for other purposes. The total may be increased bv net, $17,381 (net m 1893-4, $16,565); other income, $422; charges.
’
6 ’
issue of four per cen t bonds for terminals, double trucks, equipment etc $16,489; balance, surplus, $1,314.
The income Mortgage5 p ercent gold bonds (Farmers' Loan A T.’ Co '
B e e c h C r e e k B B .—( See Map a djoining N. T. Central.)—R o a d —
trustee) are non-cumulatlve. Series A ($8,750,000) are prior to B ($lo'- Jersey Shore, Pa.,to Mahaffey,113 m; branches, to Philipsburg to mines
000,000> for principal tmd interest. In April, 1890, $8,651 000 ifec., 37 miles; total, 150 miles; trackage to Williamsport, 16 miles, and
S r 9/ . ™ " 1 1)e<m liBt6d 011 N - Y ‘ Stook Exchange; series B listed, to Patton 20 miles; total operated, 186 miles. Extension about 100
!py,op0j0uu.
1
miles southwest to Pitts. McKeesport & Yough. RR. is proposed
STOCKS AND BONDS.
KAILROAD
m W m
■ 1 1
I w /m111)i **•
l
Wm/J
i
®* ^
\
8Ky{)’ i .v / 9 // i a /
lVrtmiOUUiv^} Norfoik,\N»
‘ \ i 1\\ {\ \ \\\\
m
l ™
a p
2 i l , 1896.]
M AP O F TH E
BALTIMORE & OHIO
RAILROAD SYSTEM.
7 K
20
LNVESTORS’ SUPPLEMENT
[Y oju LX1I,
A p r il , I8»6.j
RAILROAD STOCKS AJND BONDS.
Si
S u b s c rib e r* w i l l c o n fe r a g r e a t fa v o r b y g lv t u g Im m e d ia te no tice o f a n y e r r o r d is c o v e r e d In tliese T a b le s .
IN TE RE ST OR D IVID E ND S.
|J
RAILRO AD S.
pal,When Due.
Miles Date Size, or
Amount [
of
Par
Outstanding;Bate per When Where payable, and by Stocks—Last.
For explanation o f column Readings, &e., see notes of
Wliom.
Dividend,
Bond. Bonds Value. !
cent. Payable
on first page o f tables.
BellaireZanesrilled Cm.—Prlorlien mort„red.atl05
1st M. (§262,000 reserved for prior lien bonds). .
Bell SR I* Stock Yard o f Indianapolis—1st m ort,.
Mortgage for $1,000,000 g o ld ..............................
Belt Uy- ( Chat!.) 1st 11. (red. aft. July 1,1903) g.c*
Beimdere Bel.—1st M., ext’d In '77, eonv.. goar..... o
Cons. M. of '76, guar, by Un. Co’s & Pa. RR..S. f ..r
do
sinking fund............... ....................---r
Bermington d Rutland— 1st m ortgage.....................
Birm . She/. d Tenn.Kir.—See N o rthern A la b a m a .
Bloomb. d Suit. RR .—1st M., §600,000 (dr. at pari*
Boston d A lb a n y -s to ck (§30,000,000 authorized) Bonda (not mort.) Issued to State for Its stock---Bonds mot mortgage) for $5,000,000.................
Pittsfield & North Adams (leased) stock..............
Ware R iver RR. stock, 7 p. c. rental 999 years ...
Boston & Lowell—Stock '
Bonds, not mortgage
do
Bonds.
do
Bonds,
do
Bonds,
Boston & Maine gives
do
Bonds,
a rental guarantee
o’ ..
do
Bonds,
fo r 99 years.
do
0*..
Bonds,
do
nonus,
uy
--Bonds
U A L. and S.AL. bonds.
Nash. A Low plain b’ ds
Boston cl Maine—Stock, com m on............ .
Preferred stock, S per cent, non-cumulatlve..
102
102
....
..
64
67
67
39
1889 $1,000
1890
1,000
1876
1,000
1-981
1895
1867
1,000
1885-7 1,000
1893
1,000
1877
1,000
30
389
1S89
__
1882
1893
19
49
....
....
....
....
rrv__
1876
1879
1883
1885
1892
1893
1894
1896
1880
__
100
100
100
100
1,000
1,000
100
100
j . & j . July,'94, coup.lastpaid.
j. & j .
Indianapolis.
J. & D.
M. A N . Phila,, W. H. Newbolds.
J. A J. B a lt , March. Tr. & Dep.
J. & D. Philadelphia, Pa. RR.
Various Philadelphia, Pa. RR.
do
do
J. & J.
M. <fc N. N.Y., Union Trust Co.
July 1, 1899
Jan. 1, 1910
Dec. 1, 1896
Apr. 30,1911
July 1, 1915
June 1, 1902
lent., 1925-27
Jan. 1, 1933
Nov. 1, 1897
5
J. & J. P h il, Fid. Ins. T. 4 8 , D.
8 per an. Q —M. Poston,Of.Kuerland St.
do
do
5
A. «fc 0.
4
A. & O.
do
do
5 per an. J. *fe J.
do
do
7 per an. J. <fe J.
do
do
Boston, at Office.
See text. J. A J.
J. & J.
do
do
6
5
do
do
J. A J.
do
do
4*9 M. A N.
4
Various
do
do
4
A. <fc O.
do
do
4
do
do
F. & A.
do
do
4
M. <fc 8,
4
J, A J.
do
do
A. A 0.
do
do
6
5 g. J. & J. Nashua, Co.’s Office.
See text. Q. -F.
Boston, at Office.
do
do
6 per an M, A 8.
Jan. 1, 1920
Moll. 31,1896
Apr. 1, 1902
Oct. 1, 1913
Jim. 1, 1896
Jan. 1, 1896
Jan. 1, 1896
July 1, 1896
July 1, 1899
M ay 1. 1903
1905-6-7-9
Apr. 1, 1932
Feb. 1, 1913
Mob. 1, 1915
July 1, 1916
Oct, 1897 A ’98
July 1, 1900
Apr. 1, 1896
Moll. 2, 1896
6
$216,000
4
1,238,000
500,000
6
500,000
6 g.
300,000 3 to 4 to 5
1,000,000
6
4
1,249,000
562,000
4
475,000
7
599,000
25,100.000
3,853,000
3,627,000
450,000
750,000
6,329,400
750,000
620,000
250,000
3,675,000
1,000,000
1,000,000
500,000
See text.
420,900
100,000
18,739,200
3,149,800
E au n iso s .—'Y ear ending June 30,1895. gross, $59,115; oner, exp.,
X.8ASB, Ac,—From October 1, 1890, leased to the N. Y. Central A
Hudson E lver RR, for 999 years at Interest on bonds and A per cent taxes and Interest. $63,834; deficit under charges, etc., $4,319. In
on stock. Carrie* mostly coal and coke: In 1892-93, 2,985,127 tons; In 1393-4. gross. $61,14.*,: deficit under oharges. etc., $3,020.
1801 92, 2,799,089 tons. The operating expenses are relatively low
President, C. R. Buokalew; Vtee-Prest. and Treas., Samuel AYigfall,
since the trains carry exceedingly heavy loads o f freight, the a ver Bloomsburg, Pa.
age per train in 1994-95 being 375 tons, against 521 tons In 1893-04.
B o s t o n Sc A lb a n y B i t . —Owns from Boston, Mass., to Albany,
Average rate per ton per mile 0*380. in 1894-9*3, against 0*42o, in 1993*
N. Y.. 202 mtles; numerous branches, 104 miles; leased lines. 83 miles;
94 and Q*48e. in 1892-93.
total operated, 389 miles. A consolidation o f December. 1867.
St o c k a n d llo s m .- The bonds are endorsed with the N ew York
This road, with others, will use the new Union Station in Boston when
Central’s guaranty o f principal and Interest. Bee V. 52, p. 570. In completed. (Y. 62. p. 517.)
June. 1892, stockholders authorized the issue of 31.000.000 new second
8TOCK—In 1899 obtained permission from the Legislature to Issue
mortgage 5 per cent bonds and 31,000,000 new stock, both guaranteed
by the New York C en tral These securities will be Issued from time to $10,000,000 additional stock, $7,000,000 being for bonds due In 1893,
Hate to pay for extensions o f the road through Clearfield In a south the renmtnder for improvements. On Jau. 5,1892, $5,000,00u o f this
westerly direction about 70 m U «, reaching undeveloped coal fields. new stock was issued to retire 7 per cent* dne Feb. 1. In Oet., 1895,
In September, 1894,8500,000 o f
5 per cents and $500,000 o f stock oa additional $100,000 wo* Issued. V. 61, p. 703.
Drruwwus—Ca.dk dividend* at the rate o f 8 per cent yearly have been
had been issued to pay for extensions, etc. Equipment trusts (5 per
cents) June 30,1895,8185.000, interest payable at Knickerbocker Trust paid for many years. Stock dividend, lO p .e. In 1883 and 3% p. A in 1886.
Co. N. Y. The Clearfield Bituminous' Coal Corporation has capital
B onus .—New bonds for *5,000.000 were authorized in S erb, 1893
stock. $325,000. Bonds authorised, $823,000-, retired by sinking V. 57, p. 547. In July, 1895. $3,627,000 had been Issued, $1,990,000
fund to Juno 30,1895, $21,900.
being Issued to refund the 0* paid July 1,1895. Notes payable were
D iv id e n d ?—On preferred, 1880 to 1*39, Inclusive, 5 p. o. per annum; on December 31,1895, $197,500.
In 1889. 2 4 ; in January, 1890, 5 p. c ; In 1991 stock all made common,
L a t e s t K a b m x o *.—From July 1 to December 31, 6 m onths:
and dividends o f 4 per cent guaranteed. See guaranty V. 52, p. 570,
Oharges.
Hal., sura.
6 months.
Orots.
-Yet,
$1,017,961
$807,133
$1,885,004
JkmaVAL R b J’OKT.—Fiscal year end* June 30. Report for 1894-95 1895..................$4,933,787
933,982
was In V. 81, p. 792, showing gross earnings $1,273.725; net $578,934; 1804 ................ 4,730,781
1,842,980
909,00-1
first charge*, $327,990; dividend,$220,000; balance, surplus, $30,935,
a n n u a l R e po rt .—Fiscal year end* June 30. R eport for 1894-95 was
In 1893-91 gross, $1,125,533; net, $329,*©7.-< V. 57, fi. 030, 720,723; In VI 01, p, 194, 364V. 59, p. $44; V. 59, p. 7 79; V. 00, p. n n V. S I. p. 792.)
Fear ending June 30—
1895.
1894.
1893.
ft cl I H ire Z a n e s v i l l e Sc C in c in n a t i H y ,—Own* Bcllaire, 0., to Gross earning*...................... $9,130,860
$10,109,875
$9,190,276
Wilhelm Station, O., 102 miles, three foot gauge; Muskingum County Operating ex pense* and taxes. 6,579,300
7,750,089
6,720,288
Railroad, Wilhelm to Mill Run, 0 mile*; trackage B. A 0 . R R ., MIII Run to
Zanesville, l mile; total operated. 112 mile*. The road Is being made
$2,409,988
$2,419,786
Net earnings.................... ,$*2,551,506
standard gauge. RKCKtVERsmi-.—In June, 1893, General Manager J. K.
$453,150
$381,410
$312,900
Oedde* was made receiver, interest due Jan. 1,1895, on the prior Hen Interest paid...................
78,000
78,000
78,000
(Kinds being in default- Reorganized In 1889. Forecloaure suit has Rental*....................................
Dividends
(8
per
cent),...........
2,000,000
2,000,000
2
, 000,000
been brought. V. 0 1 .p. 289. Stock is: ( ’ooimoo,$832,000; preferred,
$705,910; par$50. On June 30,1895, funded debt wivt $1,484,000;
$10,578
$28,888
other indebtedness, $32,489, In year ending June 30, 1895, gross, Balance, surplus...................... $20,356
$94,223: net,$1,000, In 1803-04 gross. $07,044: net, $15.597 —(V , 61, - (V . 59, p . 131, 191, 835: V. 60, p .258,927; V. 81, p. 194,280,
304.
703,
829
;
V.
62,
p.
186,
231.
270,
547.
p. 26, 239.)
B o s t o n Sc L o w e l l I llt . - R o A D —Owns Boston to Lowell, 27 miles
B e l l K a l i r o a d A b lo c k Y a r d o f I n d i a n a p o l i s . —Owns 14
miles o f belt road, etc., at Indianapolis, Leased for 999 rear* to In branches—Salem and Lowell, 17 miles; Low ell and Lawrence, 12 rnller;
dianapolis Onion--which see, Stock l« : Common. $1,000,000; pre others, 32 miles; Middlesex Central, 11 miles; leases—Manchester A
Keene RR., 29 miles (o wned Jointly with Concord x Mon. RR.); Central
ferred 6 per cent (1 hi per cent <}.—J.t, $500.000; par,$50.
I:IVTI,Kvia—since 1894: O n preferred in fu ll On common, in 1895, Massachusetts. 104 miles; CMnneetlcnt A Fassumpslc, 147 miles; total
leased,
280 miles; total owned and leased, 309 miles.
Jan., 3 p. t*.; July. * p- e.; in 181*6, Jan., 2 p. e. In 1802 the company
stated that the ■* common stock hail not paid b •-* than 3 p. AseinlL eases .—Leased In 1887 for 99 years to the Boston A Maine at 7 per
annaally (J. A J.) and at times more for past fifteen years," The cent per annum on stock till and Including January, 1897, Interest,
mortgage o f 1976 is held i*v the City o f Indianapolis. A * to State tax and 8 per cent thereafter
settlement see V. 01, p. 060.
Sto ck a n d Bonds .—Stock authorized, $8,520,400. The debentures
B e lt K a i l w a y { o f C h a t t a n o o g a , T e r m . ) . —Own* 43 mite* of were described on page 2, S c it l k m b n t of April, 1895. In Jan,, 1894,
belt railroad In Chattanooga,Teun., connecting lines entering that city. $100,000 o f 4- due 1913 were Itemed, and In February $200,000 stock
B i s t o r t .— A reorganisation o f Union Ky. o f Chattanooga sold In fore and $200,000 more 4s o f 1913 were Issued for Improvements and
closure June 17,1895, The new company w ill be leased for fifty years elevator at Mystic Wharf. In March, 1898, $200,000 o f additional
till July 1. 1945. to the Alabina Great Southern Railroad Co. at a price stock was authorized for real estate purchases ami to take up a noto
sufficient to guarantee the interest on the bonds Issued. Sto c k ia for $100,000. The 20-year currency 4s o f 1896, to the amount of
$750,000, are to he Issued July 1, 1890, proceeds to retire like amount
$300,000.
or Os due on that date. (V. 54, p. 78; V. 59, p. 910; V. 00, p, 176; V.
Host**,—First mortgage for $300,000, bears interest at 3 p. c. for 2 61, p. 27; V. 02, p. 456, 501.)
years from July 1, 1805. t p. o. for 2 years more and 5 p. c. thereafter.
B o s t o n Sc M a in e It K . —R o ad —T he system Includes thefollow The first mortgage Bond* may be called at par after July 1.1903
Trustee. M ercantile Trust A D eposit Go,, Baltimore. Income mortgage Ing:
Bines owned.
Miles.
” *•
Miles,
gold bonds authorized Issue of 824,000, maturing July 1, 1945, to bear
interest at the rate o f 4 per cent, if earned, to J u ly l, 1903, oou-cuimi- Boston,Mass.,toPorOand,Me. 116 Total operated July 1, ’95,. ..1,707
41
Double track ........................ 308
latlve, and from July 1. 1903, to become a fixed charge, the com Boston to N. II. State Line..
pany, however, having the right at any time to retire them after July Conway June., Me., to North
Conway, N, H .....................
73 Controls Me. Cent, (which see) .822
1,1903, at par.—V. 01, p. 112, 010.
Sundry branches.................. 140
Portland & Rochester.... ... 55
B e lr t d e r e D e l a w a r e K B , —Owns from Trenton. N. J.. to Ma
L in s * leased.
St.Johnsbnry A Lake Champ. 131
nunka Chunk, N. J „ 67. m.; Fiemtngton R R ..A c„ 14 m.; operated cut-off Concord A M ontreal............ 414
York Harbor A B e a c h ......... 11
1 in.; total operated, 82 miles. Leased to United Companies, and trans Boston to Sherbrooke,Can... 290 Vermont. Yal. o f 1871.............. 24
ferred to Penn, RR. March 7.1878. Net earnings paid as rental. The Other branches leased___
633 Sullivan County...................... 26
first mortgage (convertible into stock) and the $1,249,000 4 per cents of
The leased lines Include: Concord A Montreal, leased June 29,1895,
1885-7 are guaranteed by the United Companies, and their guaranty Boston A Low ell, Central o f Mass..Nashua A Lowell, Northern o f N. H.
assumed by the Penn. R S , Under its lease. In 1895, gross, $1,124,214; Worcester Nashua & Rochester, Connecticut River, etc.—for terms of
not, $313,791. In 1891. gross, $1,002,054; net, $240,270; Interest, lease* see each company.
etc., $153,109; dividend* (6 p. c.>, $69,000; surplus for rear, 918,101.
O r g a n i z a t i o n , Etc . -In 1890 a consolidation was made with the
in 1898 net, $301,959. Total surplus Dec. 31. 1894, =377.903. D ivi
Eastern Railroad o f Massachusetts and the Portsmouth Great Falls &
dends o f « per sent are paid. Stock, $1.150.000 (par $50).
Conway, on terms In V. 50, p. 589. In July, 1895. tho Concord A
B e r k s h ir e l i l t . —See N. Y. S s w H a v e n A HARTFORD.
Montreal teas leased fo r 91 years. See V. 61, p. 513. From Jan. 1,
B ir m i n g h a m S h efH eld Sc T e n n e s s e e R i v e r B y . —'To be 1893, the Connecticut River Road was looked for 99 year*. V. 50, p. 245,
N o k t h sk n AbARAMA.—Reorganization not completed lit April, 1896.
An agreement with N. Y. N. H. & H. regarding division o f territory
V. 61, p. 26. 111. 516, 829.
was made In '93. (V. 56, p, 464.)
B lo o m s b n r g Sc H a lil v a n K U . —Owns road from Bloomsbnrg to
Sto c k ,—Common stock authorized, $18,754,200; preferred stock
Jam ison City. Pa.. 30 miles. Rood built In 1887 and 1983. Stock Is $3,119,800; outstanding in July, 1895, as In table above. In 1891-92
$600,000; par. $30. Sinking fund for firsts is $5,000 per annum; $4,592,100 stock was Issued to stockholders at par. (V. 52, p.
bond* can be drawn at par: trustee Fidelity Ins. Trust A 8. I>. Co., 164, 349.) Of common stock $945,200 held by mortgage trustees o l
Phil!*. Current liabilities June 30.1395, $22,457.
Eastern RR. and $376,200 by B. & M, June 30,1894, drew no dividends.
INVESTORS’ SUPPLEMENT
aa
[VOL LX1I
s u b s c r ib e r * \%111 c o n fe r a g re a t fa v o r b y g i v i n g Im m e d ia te n o tice o f a n y e r r o r d is c o v e re d In these T a b le s ,
Bonds—JPrmo1•
IN TE RE ST OR DIVIDENDS.
RAILROADS.
pal,When Due.
Date Size, or
Amount
Rate per When Where Payable, and by Stocks—Last
Par
of
of
For explanation of column heading*' Ac.
Outstanding
Payable
Whom.
Cent.
Dividend.
Road. Bonds Value.
on tin t page o f table*.
Boston dl Jfri'ne—<Continued}—
l inpro vein‘t bonds, a. f., not raort. or sub). to c
Improvem't bonds, s. f „ not mort. or subj. to c
Improvement bonds, not mortgage...............
Bonds (not mortgage) for imp. .t ref............. 1
Bond*, not mortgage, gold..............................1
___
....
119
73
68
Bouton if /You.--Stock, 10 p .'
Bonds, not mortgage.......
Revere Brack d Lynn
B o s to n
Boston Wtnthrop A 8hore 1st mort assumed
1
8
Bristol F .liz iib r th tn n <(■ F o r t h Carolina—Stock.......
Brooklyn Bath d West End—See Street Ra il w a y .
71s
Brooklyn d Brighton Beach—1st mortgage.......
.MENT.
Brooklyn Elevated—See Street R a il w a y 8ufi
Brooklyn d Rockme ay Beach.—IstM ., $350,000,g.C' ! 3*2
6
Buffalo Creek— 1st mortgage.................................r
Consol, mortgage for $1,000,000 gold...............c*
G
1 140
Buff. S. F. d Eric—Stock (7 p. c. rent. Erie HR.).
1st mortgage..................................................... c*| 140
Bttff. Roch. d Pitts.—Stock, bj pref., 6 i>. 0. non-cum. ! 334
if. A P. 1st M .gold, Rochester to Salamanca___c* ; 108
R. A P. consol, mort., $20,000 per mile,gold, g.o'j 274
B. R. A P. 1st geueral M. ($10,000,000) gold....o"| 274
Lincoln Park A Charlotte 1st mort.,gold,guar, c*
n
i
Perry Railroad 1st mortgage, guaranteed......
Real estate mortgage........................................
B. R. A P. car trusts, gold, $54,000, 6s...............
Buffalo d Southwestern—See E rie R ailroad .
Buffalo d Susquehanna—Stock, $2,000,000...
1885 $1,000
1,000
1887
1,000
1887
1892 1000AC.
1,000
1894
1876 $ A £
1877 500&C.
’88-’93
1877
1886
1887
1891
1882
1891
1876
1881
1882
1887
1889
1889
100
1,000
100
1,000
1,000
100
1,000
l.boo
1,000
100
1,000
100
1,000
1,000
1,000
1,000
1,000
1894
50
D ivid end s .—On preferred, in full to date.
On common. S’ 86
’87 ’88 ’89 ’90 ’91 ’92 *93 ’94 ’95 ’96
since’85.P.C.. 19 ^
10
9 9 9*9
9
8
8
6
6 Below.
lu 1896, Jan., l^ j p. 0 ; Apr. l^ j p. c. Dividends were Q. F., but in
N ov., 1895,1*2 p. c. was paid and again
p. c. in January, 1896.
Bonds —The debentures were described on page 2, Supplement of
Apr., '95. In Dec., ’93, $6,000,000 4^2 p. cte. were sold to fund lloating
debt and to retire $2,000,000 o f 7 per cents due Jau. 1, 1894.
In November, 1894, the floating debt had all been paid off. B. A M.
guarantees $1,328,000 first 5s o f St. Johnsbury A Labe Champlain
RR. Jointly with Maine Central guarantees $300,000 Portland Union
R y. Station bonds.
G e n e r a l F inances .—T he 1895 report states that automatic couplers
■and air brakes for freight cars and engines will call for about $1,000,000
during the next two years. The new passenger station in Boston was
opened in 1894. The lease of the Con. A Mon. in July, 1895, frees the
company from all rail competition in its special territory.
In Decem
ber, 1895, the Central Massachusetts issued $100,000 of its new 5s to
Boston A Maine for claims to A p ril 1,1895. See V. 61, p. 1063.
L atest E arnings ,—For six months ending December 31.
6 mos.
Gross
Net.
Oth. inc.
In t., dc.
Bal., sur.
1895.......$11,156,960 $3,496,413 $318,603 $2,601,560 $1,213,455
1 8 9 4 ..... 8,893,431
3,089,048
253,592
2,135,862
1,206,778
The earnings o f the Concord A Montreal are included in the above
figures for the quarter and the six months of 1895, but are not included
fo r the corresponding periods o f 1894. The C. A M. had gross earnings
o f $2,413,907 for the fiscal year ending June 30, 1894.
A n n u a l R epo rt .—Annual meeting second Wednesday in October.
Annual report 1894-95, in V. 61, p. 513, showed results as follows, the
operating expenses in 1894-95, including $895,147 “ spent for purposes
which are in the nature o f permanent betterments to the property,"
Year Ending June 30.
1895.
1894.
1893.
Miles operated................
1,293
1,293
1,293
$7,754,99.3
$7,894,968
$8,463,143
8,274,862
7,260,587
7,987,851
Mails, express, etc.,
862,453
806,721
774,331
$16,892,313 $15,962,276 $17,225,325
11,794,528
10,860,580
11,736,497
T a x es ..................
Dividends............
Sinking fund.......
$5,097,785
$5,705,539
1,105,690
2,396,246
824,572
1,233,997
72,749
$5,101,696
$5,754,570
1,213,391
2,311,370
822,018
1,321,031
67,282
$5,488,828
$6,092,719
1,101,650
2,167,413
726,136
1,580,155
80,413
Balance, surplus.
$72,285
$19,478
$436,952
1,513,871,1063; Y . 62,p.318.)
B o s t o n Sc P r o v i d e n c e B i t . —Owns Boston, Mass., to Providence,
R. I., 44 m iles; branches, 20 miles; leases to North Attlenorough, 4
miles. Leased for 99 years, April 1, 1888, to Old Colony RR.; rental,
1? j!?,r oent yeany on stock. Old Colony to July 1, 1892, liad Invested
$1,671,938 in road on lease improvement account.
B o s to n R e v e r e B e a c h Sc l y n n H R ,- O w n s narrow-gauge road
from L y n n to East Boston, Mass., 9 miles, connecting with Boston bv
oompany s ferry boats; Boston, Winthrop & Shore Div.', East Boston to
Wmthrop, S miles, with branches 3 miles. Notes and bills payable
la'JS t^ n a 1.8?5’, $ 3 l , ’2 U ’ “ gainst $105,791 in 1891. Dividends !
1888 to 1891 inclusive. 7 p. c. per ann.; in ’92, 5ia; in ’93, 5 p. e.; in ’94,
4>9 p. c.; m ’95, 4p. c.; in 1896, Jan., 2 p. c.
’
’
E arnings .—F or years ending June 30:
_
.
. Net.
In t. (I: taxes. IHv. paid. Bal. sum.
$100,794
$56,372
$34,000
$10 422
J804-95........$280,324
1893-J4........ 301.383
95,521
53,021
42,500
None.
— (V. 56, p. 289, 754; V. 57, p. 2S9; V. 61, p. 793.)
4
$1,000,000
4
500,000
1,919,000
4
2,500,000
4
6.000,000
4is g.
8,736,280
0 g.
4*2
998,000
594,800
4,000,000 10 pr.an.
4
2,170,000
850,000 See text.
6
350,000
289,000
5
600,000 i
500,000
5
F.
F.
F.
F.
J.
M.
J.
A
A
A
A
A
A
A
A.
Boston, at Office.
do
do
A.
do
do
A.
A.
do
do
do
do
J.
8. Bost.; Loud., Baring Br.
D.
Boston, at office.
Q .-J.
.1. & J.
J. A J.
J. A J.
M. A 8.
.....
Feb. 2,
Feb. 1,
Feb. 1,
Aug. 1,
Jan. 1.
Sept. 1,
June 1,
Sept. 1,
Boston, Of., Sears Bldg. Apr. 1,
do
do
July 1,
Boston.
Jan. 1,
do
July 15,
do
Sept. 1,
M. A S. Sept., ’95, pd. Dec., ’95. Sept. 1, 1927
Brooklyn, N. Y.
300,000 !
c g. M. & N.
6
J. A J. N. Y., Farmers’ L. A Tr.
250,000
do
do
238,000
5 g. j . & j .
950,000 7 per an. J. & D.
Erie Railroad.
do
do
A D.
2,380,000
N. Y., 36 W all Street.
12,000,000
L . , Union
U.
1,300,000
Trust Co.
6 g. F. A A. N. Y.,
do
do
6 g. J. A D.
3,920,000
do
do
4,407,000
5 g. M. A S.
do
do
350,000
5 g. J. A J.
7
jJ. A D.
20,000
5
J. A J.
306,500
5 A 6 J. A D.
808,000
1,518,000
1905
1907
1937
1942
1944
1906
1937
1906
1896
1918
1896
1897
1906
M ay 1, 1931
Jan. 1, 1907
Jan. 1, 1941
Dee., 1895
June 1, 1916
See text.
Feb. 1, 1921
Dec. 1, 1922
Sept. 1, 1937
Jan., 1939
June, 1902
1899
1896 to 1905
Jan., 1896
B r o o k l y n & R o c k a w a y B e a c h M R . —Owns road from East
New York (Brooklyn) to Canarsie Landing, Jamaica Bay, 31? miles (of
which 3 miles double track), and operates ferry to Rockaway Beach.
Rails 50-56 pounds steel. Sto ck is $150,000; par, $50. D i v i d e n d s .—
In 1890 and 1891, each 5 per cent; 1892, 6 per c en t; 1893,10 per cent;
In 1894, (7) per cent. In 1894-95 gross were $64,891; net, $20,818;
dxed charges and taxes, $20,808; surplus for year, $10. In 1893-94
gross, $68,333; net, $20,104. In 1892-93, gross,$75,966; net, $30,878.
B u f fa lo B r a d f o r d dc P i t t s b u r g R R . —Owns from Carrollton
N. Y., to Gileeville, Pa., 26 miles. Completed in 1866, and leased to
New York Lake Erie & Western (now Erie) for 499 years. The Erie RR.
holds all the $580,000 bonds due Jan. 1, 1896, and $2,189,900 of the
capital stock o f $2,286,400; par $100. (V. 62, p. 39.)
B u f f a lo C r e e k H R . —Owns 6 miles of terminal road in Buffalo,
N. Y. In January, 1890, leased for term of charter less one day, to the
Lehigh V alley and the E rie RR., which together own entire capital
stock of $250,000.
B u f fa lo N e w Y o r k Sc E r ie R R . —Owns from Buffalo, N. Y., to
Corning, N. Y., 140 miles. Leased in 1863 to the Erie R ailw ay Co. for
490 /ears, and operated by the N ew York Lake Erie & Western Company
(now Erie RR.), which owns $823,800 stock. See V. 62, p. 89. Rent-., ,
$238,100—viz., 7 per cent on stock and bonds, and organization ex
penses. Dividends and interest paid directly by lessees.
B u f f a lo R o c h e s t e r Sc P i t t s b u r g R a i l w a y . —(See M ap.)—Oper
ates from Buffalo and Rochester, N. Y., to the bituminous coal regions
around Walston, P a , 336 miles in all, including ;
Lines owned in fee—
Miles.
Leased-Entire sCk own'd— Miles.
Buffalo Creek, N. Y., to Howard
Jolmsonburg & Bradford RR.~
Ju n e .,P a .............................. 81
Howard June, to Mt. Jew ett. 20
Clarion Juno., to Walston, P a. 66 Lincoln Park & Charlotte........ 1 1
Rochester to Ashford, N. Y ___ 93 Perry R R ..................................
i
Four branches to mines........... 14 Clearfield &. Mahoning—V
Trackage—
Clearfield to Beech Creek RR. 26
Erie—Mt. Jewett to Clarion J.. 20
Buffalo Creek RR. into Buffalo. 4
Total (TTSce this Co.)...........336
Or g a n iz a t io n , etc .—Successor in March, 1887, to the Rochester <fe
Pittsburg, which was foreclosed in October, 1885. See V. 50. p 560
o89. The entire capital stock o f the Rochester & Pittsburg Coal & Iron
Company is owned.
In May, 1893, the Clearfield & Mahoning RR. was completed and
leased, and its securities guaranteed. The road affords connection
with the Beech Creek at Clearfield, and outlet for coal to seaboard See
C. & M. On June 1st, 1893, the proprietary line, the Jolmsonburg &
Bradford RR., was opened, replacing Erie trackage.
D iv id e n d s —On pref., in 1892, 5; in 1893, Feb., lk t p. o.; none since.
.
Seneral mortgage (trustee Union Trust Co. of N. Y.)
for $10,000,000, there were $6,000,000 reserved for prior bonds. The
eneral mortgage 5s cover 22 miles of road built since 1887
are al8° outstanding $5,000 incomes due in 1921, for which
$3,000 consols, (included in table) are held by the trustee.
G e n e r a l F i n a n c e s .— Loans and bills payable Deo. 31, 1895, $895,240, against $864,178 in 1894. In September, 1895, $436,000 general
mortgage bonds were issued. $147,000 were fo r new road built in
1894, balance for improvements, etc.—V. 61, p. 558.
E arning s .—8 months, < 1895-6.......gross, $2,111,201; net, $643,147
July 1 to Feb. 29.
(1894-5.......gross, 2,070,265; net, 650.919
f
agata ^ $ \ O
25?l6°7 ! f i e8S940r
6u<iins De°' 81’ 1895’ *69,922,
A n n u a l R e p o r t .—Fiscal year ends June 30. The ammal meeting is
VnA , i r i e' v 5ork on the third Monday in November. The report for
J8«9« nnS’ ?8
.a t len* tl1 in v - B1>P- 702, 709. In 1894-95 carried
2,535,008 tons o f bituminous coal, against 1,894,595 tons in 1893-94.
Year end. June 30—
1895.
1894.
1893.
1892
Gross earnings............$3,028,216 $2,780,237 $3,308,740 $2,947,io6
Net earnings.............. $756,929
$629,811
$857,235
$756,726
Other income.............
38,225
39,588
45,724
52,555
Total receipts...... $795,154
$669,399
$902,959
$809,281
B r o o k l y n <fc B r i g h t o n B e a c h U R . —Owns double-traok road Interest on bonds___ $596,272
$594,368
$554,247
$518,781
V" "
V ° Avl ’ ®?™e r Franklin Ave.,Brooklyn, to Brighton Beach, Int. on floating d ebt..
31,251
30,126
24,030
23,709
L. I., 7 ‘a miles. Sold in foreclosure in Oct., 1887. Connection is being R en ta ls .....................
124,960
123,932
72,981
73,195
rriiNle with Kings Co. Elevated by extension along Franklin Ave This
extension was leased to the Kings County Elevated in February, 1896
sur $42,67! def.$79,027 sr.$251,701 sr.$193,595
2 ,b - Sto c k .—Stock is—common, $500,000; pref., $500- Balance...
(V, 61, p. 239, 280, 558, 702, 7 o9 , 830; V. 62, p. 276.)
000. Stock assessed 3 bj I), c. in 1893.
’T
’
K u lla lo A S o u t h w e s t e r n R R , - Buffalo to Jamestown, N. Y., 66
t»i?<, o DS’ 1\t c '~a° u f u' 3’ t- >694, loans and bills payable w e re $325,350 miles. In November. 1895, the Erie RR. purchased the entire capital
I rotit and loss deficiency March 31, $391,988. March, 1895 coupons
D^sae?ia S®C0D<1 mortgage on the property for $1,000,000.
were paid at Central Trust Co., N. Y „ in July, 1 8 9 5 and Semeiuher
^
’
189o. coupons were paid December 5,1895. Pres. Gen. J. Jourdan bee Erie RR. in this Supplement.
Brooklyn.—(V, 59, p. 421; V. 60, p. 561, 1107; V. 62, p. 276.1
’
It u H a lo Sc S u s q u e h a n n a R R . —(See M ap.)—Owns from Keating
Summit, on the Western N ew York & Pennsylvania RR., to AusoniT
«.™ m IiIN0S - J car
’T,me 30. 1895. gross, $99,300; net, $32 000- P il , on the Fall Brook RR., 62 miles: Galeton to W ellsvillo, on E rie
K lL. 37 miles, with branches 13 miles; total, 112 miles. The
road passes through an extensive timber section (upwards o f 200 000
York niJd p }^,cJ ii? ;V i0rds-an outlet, 5
to Buffalo on the west, and to New
S^ok.1;:: ife’v.&E.®**Eud- \See f s s s s m f "
lug* map**
v ia connecting lines, as shown by accompany-
A pr il ,
1896]
RAILROAD STOCKS AND BONDS.
.
TO RO NTi
3*uelpfa
■*7
Wellington,
il p f p S ^ ^ 2^ —
Kendall
Albion
S R ID G E
uford
L_..
St. Catharines
LI H C ^
sss
^ t ^ U
'/ROCHESTER
fegX ^ .J L iIrp ort mv
^ p o r l
laplewaod
SHORE
l-kdale V
svilie
N
p j c l teld (
ivlllo
TftUM
W,/£r OSS,
Fort Colbon
\Jarvt3
•AtlleiTLr
Cc m WyoTOinfeJy
CanamJaiguai
\
Lake J
p£Rpi
i.
W a rn Iw
■j Rock Gif].Clf y& sf rlM u M o nla V
/
F a rk ^ ^
IUVER L.JC.
eft Fall® ?
y CoM ecR
X W a y la n d
fctenvrooiic
K.Concord!
Springy! lie!
mtft.
West V alley^ A.
'FrattsbWgb
Ktuka iM
p ^ ^ jt^ E a g le
\j£rb'Tv\-iU>m
^jf^arai-ers V /
T fd A C H lA S ?
[evoreux / *1 j
h f o r 5
r
Rice V l _
B&ytonj
PerkWkvIlle
sNunda
Rai?|inond6ijor-t
Kanona'
.Horoells V.
jMayyllkX
fbt.Vallejpen*
W AoUnqi
S.4. B .J c l
SALAM ANC^
bvllbock
V
Andover
i f /
IC a r r oH tod/
WellsYlUe
vtQWtt
Bolivar
[U m m ej
West vllle
Lftfayntte o
Howard Je. \\
m g m m n tff \\ Fort Allegheny
c, \
ynderaport
M-dnxiia Viaduct
A M T . J x M E TT
aft
*(S Vaundergift
R. Freeman.
i t t lM Q li
O
,
\ Keating
oClerrnont * r
I
mtanscbM
fClarion Je,
fjO W N »O N B U «G
tit*? ?e
g"
Galeton
X
J
\
IjS&iPlA
Boytvllle
Emporium
Robinson5
'Waj^Q.GCWAY ’
Stoneboftr
i f
/ ll*gu *e*hoad»
Driftwood
Trout Ron
K e ith Point
Jfewer
Bsgietoa
.ock Haven
^CLEAR FIELD
is
U C *«C '
* . ABRiAN?
N N X s u r a ia t)
COAL M i N t t w
piifefedale
W ALSTO N
M tie#burg
JBetlrfoate
Spring M*.
Caliery Jc,
MttchelPf
Tyrone
Mllroy
Beitwocxf
Jfl&Weat
Altoona
Minim
SaStabsrg
1T T SB U R G
& SrlBfOi*
^
Cresaon^ *
J
jmtlkJaysbarglfi
O
k * Milty
31oomflcia
Boartng Spr*.
Irwin
Johnstown
Mt. Union
/
Ore illll
iwickiy>
•Ugonter
M AP OF THE
BUFFALO, ROCHES']
Connellsvifle
A N D
Rockwood,
P IT T S B U R G R ’Y
DnloniotvniV
__°r atrchancc.
S-tnltWfeid
Bridgeport
tfjifktwiTy,
Cumberland
INVESTORS’ SUPPLEMENT,
94
IV ol. L X n .
S u b s c rib e r s 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 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 I n t lie s e T a b le s .
Bonds— PrinelIN T E R E S T OR DIVID E ND S,
1Miles 1 Date j Size, or
pal, When Due.
Amount
Rate Per When When Payable, and by Stocks—Last
of ! of ! Pur
Outstanding
Whom.
Road. Bonds ] Value.
Cent. Payable
Dividend.
___________ R A ILROADS.
f o r explanation o f column heading, i
on first page o f tables.
Buffalo ft Susquehanna—( Continued.)
1st mortgage, gold. a. f., subj, to call at par
Burlington Cedar Rapids d Northern—Stock.
1893 $500&o. $1,367,000
5 g- A. & O. N. Y „ H. Fisk & Sons.
100
5,500,000 Sec text. F. & A. N. Y., Cora Excli. Bank.
1876 lOO&c,
6,500,000
5
J. & D. N. Y., Central Trust Co.
1,000
825,000
do
do
1880
a g. A. As O.
1,000
1,905,000
1881
do
do
^ g. A. & O.
1884 1,000Ac
6,425,000
A.
&
O.
do
do
5 g*
150,000
1877 500 &e.
7 ft. J. A D. N.Y. Continental N. Bk.
3893
5
Jan.’ 95,none
(1)
1890
E100 A l , 121,700
6 g. J. & J.
London.
....
$100 $12,000,000
1,000
1867
2,232,000
4ksg. J. & J. N.Y., S.Pao.Co.,23 B r’d.
1,000
1871
1,595,000
4hjg, J. & J.
do
do
500
1875
2,998,500 3 g.& 6 g. J. & J.
do
do
50
1,300,550
1,000
1891
1,279,000
5 g. J. & J. Phila., Of., 233 S. 4th St.
50
....
377,900 See text.
Phila., Of., 233 8.4th St.
....
50
880,250 See text. M.' & S.
do
do
1879
1,000
497,000
6
A. & O.
do
do
1,000
1881
1,000,000
5 & 6 j . & j.
do
do
__
1893
385,000
5
J.30&B.
do do
25
381,925 6 per an. J. & J. Phila., Penn. RR. Co.
1867 500 &c.
350,000
6
F . & A.
do
do
1890
1,000
34,000
O g. A . & O. Oct.,’94,eoup, last paid.
3,000,000
.....
1,000
1889
3,450,000
5 g. J. & J.
. ...
100 15,000,000 See text. F. &. A. N. Y„, Gr’ d Cent. Depot.
1,000 13,923,707
1878
5
J. & J. N* Y., Union Trust Co.
112
369
55
......
ar>.
ol.l
A ll
Minneapolis At St.Louis,1st toort., gold (assumed)
Butte. Anaconda Pacific,—1st niorf,, $3,000,000.
12
295
California Pacific—Stock----- . . . . ------------114
1st w o rt, gold (ext'd in 1 88 7)................. .
2d M., gold.gn.p.41., end. by Ceu. Pao., ext. In '91 114
3d M . gold, guar,bv Cent, Pao. ($1,000,000 are3s) 114
50
Cambria ,f Clear field—Stock, $2,150,000 anth....
80
le t M. ($2,000,000) gold................................... 0
79
Camden <f Atlantic—8took .....................................
79
Preferred stock............. ..................................
79
2d mortgage...................................................... o1
79
Consol, m art ($650,000 are 5s; balance 6s coupon)
__
Debenture certificates............................. .........
31
Otmdeit <t Burlington County—Stock...... ..............
31
1st raort, guar. p. A 1. by Pa. RR. Co.............. e*
7
Camden County—1st St„ g.,gu.,p. &i. Phila. & K.c
Canada Aftaufic—Stock ($1,000,000 is prof.).......
142
1st mortgage, gold............................................ o’
456
0 a nada Southern—Stock. . . . — ...... ..................
1st mortgage for $14,000,000.............................o 404
.
.
Oct., 1913
Feb, 1, 1896
June 1, 1906
Oct. 1, 1920
Oct. 1, 1921
Apr. 1, 1934
June 1, 1927
1923
July 1, 1910
Jan. 1, 1912
Jan. 1, 1911
July 1, 1906
J an!" 1, 1941
See text.
Meh.,’96,2^%
Oct, 1, 1899
July 1, 1911
Dec. 31,1903
Jan. 1, 1896
Feb. 1, 1897
Apr. 1, 1920
Jan. 5, 1909
Feb. 1, 1896
Jan. 1, 1908
i
VJ-Yt llA L OlUVfv li* ~ -S'j'-!UAtt/V/« d lUludil J >lu J Jj pEbiti. tAlV-AUvUiL ul *t p« U»* I B u t t e A n a c o n d a S s P a c if lc B y . —Completed from Butte v ia Ana
and in January, 1896, paid 5 p. c.
conda, Mont., to the B itter Root R iver, 40 miles. Operated in October
B o n d s —Mortgage is for $2,000,000 (Mercantile Trust Co,, Trustee). 1895, Butte to Anaconda, 27 miles. Bonds w ere authorized at
$40,000
per mile. On June 30, 1894, Inter-State Commerce Commis
See abstract in V, 57, p. 639, and application to the N, Y. Stock sion reported
$150,000 stock, $1,950,000 o f bonds and $54 179 cur
Exchange in V. 58, p. 1036. Bonds cannot he issued to exceed $15,000 rent
liabilities
outstanding. In January, 1895, h o w ever.lt was said
per mile of road completed and equipped. The mortgage is also a Hex',
on about 89,394 acres of timber lands, estimated as worth $1,700,000. that none of the bonds were in the hands of the public. Operated b v
vTLtjtiL
Great
r\urLutuH,
Northern,
o
owns
wus a. ouuwuumg
controlling interest m
in tiie
the stock.
stock, For
™
The sinking fund w ill retire each year that proportion of the outstand- Xf{hC\T» All f?In cr Ttitiawhich
QQ^ gross
cr-nnac earnings
aoTmmfw nmnn
x?/>f) non . net
„ _a. -$374
•
year ending June Qrt
30, 1
1895,
were (2
$668,362;
i « rr "hAYl C i m I L i U ln/1 Ivr.
XfUAUC fll/ l K a t »/1c b n r rn
m m TM, « a 1, r.
530, Charges, $102,7 83. Balance, surplus, $271,747.
’
E arrin g s .— )
Gross.
8 m o*„ July \ 1895-6...-$325,879
1 to Feb. 29. 31894-5.... 230,408
Net.
$152,315
90,096
Charges.
$94,951
70,433
Bal.,sur.
$57,364
19,663
A n n u a l R e po rt .—Six ty two miles opened for business Oct. 1,
1893; 13 miles additional in Oct., 1894, and 37 miles Oct., 1895. Fiscal
year ends June 30. The annual report in Y. 61, p. 658, showed for the
JNU.L
lODO, gJ
LUBW t7
«lFLU
______
^ „$140,355;
year UAlUiilK
ending tliuic
June OU,
30,1895,
gross
earnings,
$353,832;
net,
1
SJ.K
fiSA • sltilfiticr
<11Q ■ onimTiio
interest,
$48,630;
sinking ftvrtfl
fund, 4th7
$57,019;
surplus -fn-n
for year (294 706
—(V. 60, p. 480; V. 61, p. 65 8, 793. 1003; V. 62, p. 232.)
B u r l i n g t o n C e d a r B a p id s Ac N o r t h e r n B y . —Operates:
Bines owned in fee—
Leased—A ll slock owned
Burlington, la., to State Line,
Io w a City & Western R R „
Minn. (Including 11 miles
Iowa City to What Cheer,&c.
73
leased)....................................241 Cedar Rapids, I. F. & N, W.,
State Line to Albert Lea, Minn.
Holland, la., to Watertown,
(leased)................................. 12
So. Dak., Ac....................... 493
Branches owned to Postville,
Oed. Rap. & Clinton RR., Ac. 111
Riverside, Holland and D av
enport....................................204
Total operated Jan. i f 1895.1,134
ID s to r t .—Successor to the Burlington Cedar Rapids & Minnesota
RR. Co., foreclosed June 22,1876. Ceases in perpetult,- +1'" r.....
& Western and Cedar Rapids Iowa Falls & Northwester
Ac Clinton and Chicago Decorah & Minnesota railways.
Stock —Authorized.$30,000,000; outstanding, $5,500,000;par, $100
The Rock Island Co. is understood to be a large stockholder.
D iv id e n d s <
1893.
1894.
1895.
1896.
Per cent.
( 3
.
3.
3
Feb., 2 p, c.
B onds.—I owa Oik, a TT. bonds for $584,000 were paid Mar. 1,1896
and consols of 1884 w ill be issued,
y . 62, p. 39. HOtdar
iiam as l. l . <£• JV. b . bonds are guaranteed, principal and interest
are subject to call at 105; of the 5 per
cent* of 1881 $825,000 are reserved to retire the 6s and certain others
are deposited as collateral under the B. C. R. & N. consol, rnort. There
Smoo1
.8? ’3 p?,L centi;. issued under a $10,000,000 mortgage of 1884,
ar« ;t!-! deposited under B. C. R. & N. mortgage of 1934.
toS L S I h”? ’ C' S ' * * ' 1 * ° / 1884 (Central Trust Co., Trustee), bonds are
tu re fre, If deemed best, all prior and divisional bonds. For
PAitn.-kms bonds may be issued at, $15,000 per mile for single and $7 50o p> r mile for second track, the total author, issue not being limited.
el-m neapohs <6 .St. Louts bonds due June, 1927, numbered from 1101
to . .. . .... ^v w hsuu U>xuu,yuu m aiij,
ltagton Cedar Rapids Ac Northern Railroad.
E arnings .—2 months, 2 3-§SS— Gross, $743,944; net, $276,022
Jan. 1 to Feb. 29.
5 1895....Gross, 057,949; net, 173,230
R eto rt .—F iscal year ends December 31. Annual meetine
C a lg a r y & B d m n n t o n B y . —Owns 295 miles o f road operated bv
Canadian Pacific, from Calgary on the Canadian Pacific, north
erly to Edmonton, 191 miles, and southerly to Fort Maelead 104
miles. Leased at cost, of operating till July 1,1896, to the Canadian
Pacific, which at that date has the p rivilege of retiring the first mortarasre bonds at 110. TIia armormt, rAmiisff.A In nrlrH-Hnn-+a
o’ 1 - j .........
annum xur c'j years io r transportation of
Government freight) to provide the interest on the bonds to July 1
1896, has been deposited in trust, to be used for that purpose, it having
been derived from land sales. The land grant was 1,888,448 acres o f
which 607,402 acres are held by the Government against the subsidy
and by the Canadian Pacific R ailw ay under the lease. See V. 54. n
847. Stock $1,000,000; par $100.
C a l l f o r a l a P a c i f i c B ;y .—°w n s from Vallejo, Cal., to Sacramento,
Cal. 60 miles; branches to Calistoga, &c., 55 miles; total, 115 miles In
November, 1886, leased for 50 years to Southern Pacific Company
Rental, $600,000 per annum. Capital stock, $12,000,000; par' $100
In
¥1,240,735; n e t. $588,083; taxes, etei, $12,989
renta!, $600,000; _ betterments, $945 ; loss to lessee, $55,850. Cn
ffionnViS,0S9’ 3°9,455; net, $638,939. Lessor's account, rental,
$600,000; paid interest, etc., $347,868; surplus to lessor, $252,132.
C a m b r ia & C le a r f ie ld B R , - I n operation from Cresson to Glen
Campbell
Junction, 48
m iles; branches, 49 m iles;
total
97 miles. Stock—authorized, $2,150,000 (par $50) • paia
in
$1,300,550 all owned by the Pennsylvania EE. Co.T which operates
the property under an arrangement terminable at option of either
was^in Y f 5 2 f p ^ 9 ^ . arfn^y!iarSl!9 5 algross^$32LiH)();0n e te $112^174to la n ° e> SUrplUS' ?37' 212' 111'1 8di
C a m d e n & A t l a n t i c K B . —Owns Camden, N. J., to Atlantic City,
and Dranch, 62 miles; Atlantic City to Longport, 6 miles; Chelsea Branch
\
3 ? ei? tes Fhiladelphia Marlton & Medford
Railroad—Haddonfield to Medford, 12 miles; total operated, 83 miles.
1896, a consolidation of this company
with the W est Jersey, W est Jersey & Atlantic, etc., roads was pending
oil bu ms stated under West Jersey & Seashore, the name o f the con
solidated company.
D iv id e n d s since 1880: On common, in l8 8 0 ,3*2 per cent in preferred
scrip, and none since. On preferred, in 1880,31® in scrip- i n l 882 4 - in
1884, 7; in 1887, 5: in 1888, 2 ^ ; in 1889, 3; in I S ^ Feb., 4 p c Sept
2*2 p. o.; m 189d, Marcli, 2 ^ p. o.; Sept., 2 ^ p. c.
P *
40U7® ; 1'
* o s s " & n f n g s in 1895 were $954,076; net,
$.37,4o4.—(V. 88, p, 4 29 , 511; V. 60, p. 6 05 ; V. 62, p. 321, 366, 504 )
Urr liQ S t? n €; ° u n VJr K R . - O w n s from Camden, N. J .,
7 S
.
23 miles; branch, Burlington, N. J., to Mount H olly
7
|-s > total, 30 miles. Operated by the Pennsylvania Railroad
which guarantees bonds, principal and interest, and 6 per cent on stock’
I S g f > J ? S g « , 6
per cent on stock a n d l S
stoSl,
$381,925 , par $25. Dividends m Jan. and July, In 1895
eozift
783; net, $10,022; loss to lessee, $34,393 In 1894 ctoss 8252 070net, $0.2,342; profit to lessee In 1894, $7,927.
gross, *202,0/0,
Tear ending Dec. 31— 1894.
Miles operated.. ....
1,134
Earnings—
Passenger............... $331,770
Freight................... 2,737,681
Mall, express, & e...
179,378
1893.
1,134
1892.
1,090
$973,815
3,084,481
166,458
$938,514
3,249,818
166,457
Total gross earns.$3,748,829
Op. exps. and taxes. 2,722,217
$4,224,754
3,078,435
$4,354,789
3,193,141
Net earnings....... $1,026,612
P.e. op.exp,to earns. (72-61)
Other receipts.____
37,197
$1,146,319
(72-86)
36,919
$1,161,648
(73-32)
22,922
C o u n t y K B . —Owns from Mt. Ephraim to Sprino-Mills
N. J., 7 miles. Controlled by Philadelphia & Reading. F irst mortvave’
interest due April 1 ,1 89 5 ,-was not paid. See V. 60, p. 607
$798,708
* 5
^
^
ottaw a>Canada, to Laeolle, Quebec,
2,928,628 1
159,003
mifes” 11! 8^ ^ 1f o T g ^ e ^ f t f l ’ C e ^ r ^ S X t0e x t e n ^ f S o m
$3,886,339
land, 17 imles. The Ottawa Arnpnor & P arry Sound Ey, is betas- built
2,613,643 in the Interest of this company from Ottawa to Parry Sound S O oLiles
o f which on the eastern end about 164 miles, Ottawa, to Cache S fir e ’
$1,272,696 was completed and m operation in Dec., 1895; and on the western end
(67-25)
48 nnles was eompleted. Trustee o f mortgage of 1 8 8 9 is Fai-mers’ L o a n
24,410
Total net incom e..$1,063,809
Interest on debt.___
811,280
$1,183,268
810,080
$1,184,570
788,180
$1,297,106
778,055
Surplus over in t.. $252,529
Add cash assets..... $383,601
Deduct impte,, <&o... $171,998
$372,588
$323,281
$279,197
$390,390
$332,259
$811,634
$519,051
$328,896
$632,871
r>.€ nlia,ila ? P lltlle 3 n.
Map New TorJc Central d\ Hudson i?
Railroad.)—'Road —M am lino from Suspension Bridge
inn l-m-in/i'
Balance for year..sur.$114,132 sr.$416,672
def.$82,985
$215,076
S t Ttom as^o
- i v dno8n
hhUince, $431,015.
(V. 60, p. 831, 8 7 1 ; V. 61, p. 749; Y, 02, p. 39, 501.)
1891.
1,083
ts
{a s » Q & & g s a u n 8 n B % fe ° s -
ligJSl: 8 .8 R 8 C J S S * "-
?: 3
>9
O
w
m
O
£
<j
**!
INVESTORS’ SUPPLEMENT.
‘2 6
[V o l , L X II,
S u b s c rib e r # w i l l c o n f e r a g r « a t f a r o r b y %I v i n s 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 th e s e T a b le s .
Bonds—Princi
IN TE RE ST OR D IVID E ND S.
;
RAILROAD S,
Miles Bat© Size, or
Amount R ate per When Where Payable, and by pal,^When Due.
Par
Stocks—Last
of
of
:Outstanding Cent, Payable
Whom.
Dividend,
Road. Bonds Value.
on first page o f tables.
Canada Souther n—f Concluded) —
404
Quebec Prov. due on Q. M. 0. ji O. and N. 8. S R .
<\u, P a d be, laud mort, gold (redeem at 110)....
1st-mortgage debenture sterling..................... 2,856
183
Land grant bonds, list. gu. by Can. Gov’ t...o*»fer
i>f k. .. .. .. .
Manitoba 8. W. Col. R'y $ 12,000 p, m., lilt, guar,g 213
Atlantic A Northwest—1st mort. gold, guar. .o*&r 325
No rib Shore Railway—1st- mortgage.. . . . . . . . . —
58
86. Lawrence & Ottawa—1st mort., gold, see text
Ontario A Quebec stock guaranteed in perpetuity ....
Out. A Quo. deben,, Interest euar. in perpetuity..
Toronto Grey & Bruce, 1st M.t gold, iut. as rental. 190
S ew Brunswick Ry.lstM .,gotd,lnLfr»m rental.c* 174
Perpetual consol, debent, stock, int. guar.......
(Jape Fear </■Ycuikin Yah—1st Miseries A,gold.o*«fcr i*50
1st M., 8er. “ B, * gold (2d on 233 m .)...... .. ...o*Ar
73
82
1st
series C, gold (2d mort. on 225 miles.).o*«fer
OonsoL mort. (text), $15,000 per m ile,gold.c**r.. 329
8. Car.Pao. (leased) 1st M.State line to Bennettsv.
lO 1^
276
1st M.. gold, (Wttm, to Sheiby,240 in.) (see text).o* 237
2d &
M. ($1,500,000 each), g,, inc.f non-cum.r
237
5
M, & 8. N, Y., Union Trust Co.
1883$ 1,0OO«fee $5,650,000
100 65,000,000 See text. A. & O. N. Y „ 59 Wail St. & Lon.
6,424,000 4 per an. A. & O. London, Co.’s Office.
V arious
Montreal.
5 &e
2100&C $1,823,333
7,000,000 See text. A. & O.
do
’82-’83
Montreal,N.Y.orLond’n
3,424,000
5
g.
A.
&
0.
500
Ac.
1881
- 1885 £100 etc 34,998,633
5 «• J. & J. London, Baring B. & Co,
do
do
3,650,000
1888 £100 *0
5 g. J. & J,
do
do
3%g. J. & J.
1888 £100 &0 $15,000,000
__
London,
Comp’ys
office,
4
J,
&
J.
42,353,018
1889
1,000 $2,544,000
1884
5 g. ,1. & D. N. Y „ 59 W all & London
J,
&
J,
London,
Baring
B.
& Co.
1887 £100 &C £1,330,000
5 g.
do
do
£616,120
A. & O.
5
Can.
Pae.
office,
London,
15J.&D,
£200,000
1876 £50 iso
(0) 4
__
$100 $2,000,000 6 per an. J. & D. Montreal and London.
£4,007,381
J. & D. London, Morton, Rose.
5
£719,000
lElOO
4 g. J. & ,T. Toronto and London.
1883
F.
& A.
£100
£600,000
London.
1884
5 g.
_
4
do
£317,872
j. & j.
....
1,500,000
See text.
1886 $1,000
6 g. J. & D.
1,000
do
734,000
1886
6 g. ,T. & D.
do
1,000
820,000
1886
6 g. J. & D.
1,000
1,868,700
1889
See text.
e g . A. & 0.
6
A. & O. N , Y „ 4th hi. Bank, &c.
104,600
1884 100 <fce.
$1,200,000
2,000,000 4 ( 6 ) g . J. & J.
See text.
1881 $1,000
1893
1,000
J. & J.
152,000
1,000
3,000,000
6 g. J. & J.
1881
a close contract was made with the Michigan Central for 21 years
front January 1,1883, providing lor the payment to Canada Southern
o f one-third the join t income over all fixed charges, but Mioh, Central,
by reduction ol its interest oharge.%, received more than two-thirds.
The contract, provided for a re-apportionment every live years,
and in December, 1892, it was agreed to give the Canada South
ern 40 per cent and the Mioh. Cent, 60 per oent of the first $1,000,000 o f not earnings, any amount over that to be divided on the basis
o f one-third and two-thirds, as before. This adds to Canada Southern’ s
share Just Lj p. o. per annum on its oapital stock, V. 55, p. 1078.
D iv id e n d s .— 1888 ’89 ’ 90
’ 91
’92
93’ ’94, '95
’96
Since 1887....... 2%% 2% 3%
2^
3
3
3
2% Below.
In 1896, Feb. l i t p. c.
B onds ,—Interest on the 1st mortgage is guaranteed by the New York
Central till 1898 but tile principal is not guaranteed. V. 56, p, 696
A n n u a l R e po rt — Advance figures for 1895 (in V. 61, p, 1106) showed
Canada So. share of earnings $304,000; other income, $18,800; divi-dends, $375,000; balance, deficit for year, $52,200. BeDort for 1894
in 1'. 60, p. 1007, showed Canada Southern's share of net earnings as
$287,808, against $456,618 in 1893 ; other income, $7,-113 ; balance in
come previous years, 190,601; total, $485,822; dividends $375,000;
total surplus Jan. 1, 1895, $110,822,' For latest earnings see Michigan
•Central,—(V. 60, p. 711, i 007, 1144 ; V. 61, p, 1087, 1106.)
C a n a d ia n P a c ific B y . - B o US—Owns from Montreal to Vancouver
on Pacific Coast in British Columbia, 2,905 miles. There are branches
and auxiliary lines owned o f 1,319 miles, and 2,163 miles of leased
lines; 56 nr.lcs used jointly; 476 miles operated independently for ac
count of owners, Including the Calgary & Edmonton KB., making the
whole system on January 1,1895, 7,219 miles, o f which 6,444 included
in traffic returns.
Also controls the Minncap. St, P. & Sault Ste. Marie (1,175 miles) com
Dieted Sept., 1893, affording a direct route from the West to St. Paul and
Minneapolis; also controls Duluth South Shore & Atlantic, 584 miles
and in February, 1893, acquired Duluth & Winnipeg—which see.
H is to r v , Etc .—Incorporated Feb. 18,1881, under charter from D o
minion of Canada, receiving $25,000,000 in cash as a subsidy, also
■25,000,000 acres o f laud, all to be lit for settlement. The Ontario
A Quebec, Montreal to Toronto Junction, 334 miles, was leased In 1883
fo r 999 years, and its stock and bonds guaranteed. In July, 1890,
leased the New Brunswick By. fo r 990 years.—(See V. 51, p. 113.)
Sto ck .—T he company bought o f the Dominion Government an annuity of 5 p. o, per annum on the stock for the ten years 1884-1893, the
last payment having been made in August, 1893. Preferred stock for
$8,000,000, to bear 4 per cent interest and be non-emnulatlve; was authorizeii by stockholders May 10,1893, for irnprov. and equip,; but only
-ill,320,000 of this issued to July, *93.
J
; D iv id e n d s paid—On common in 1883, 2t« per cent; in 1884, 5; in
from 188b to 1889 inclusive, 3 p, e, yearly; from 1890 to
189,3, inclusive, 5 per cent yearly, but only 2 per cent of It from
rn m iiu p; m 1894, Fob., 2H m e .: Aug., 2 »a p .o ,: in 1895,none; in
V ’' o' 4
1. ‘2 ?• °-—y - 1,2>1>- 319- On preferred from Oct., 1894, to
Axiril, 1896, at rate of 4 p. o. pier annum.
Bonds , d e u en tu re Sto c k , G uaranteed B onds , E tc .--In May.
Moll. 1, 1913
Apr. 1, 1896
Apr. 1, 1896
1899 & 1910
M ar.l,1904-06
Oct. 1, 1931
July 1, 1915
July 1, 1937
July 1, 1938
Irredeemable.
June 1, 1934
Jan. 1, 1937
Apr. 20,1904
See text.
Deo., 1895
Irredeemable.
July 26, 2882
Aug. 1,1934
Irredeemable.
June 1, 1916
June 1, 1916
June 1, 1916
Oct. 1, 1919
Oot. 1, 1914
July 1, 1920
1910 & 1913
earnings. In 1895 issued $1,074,000 cons, debenture stock. As to pre
ferred stock see a preceding paragraph. No dividends w ere paid in
1895, but in 1896 1% p.c. was declared payable A p ril 1. (V. 62, p. 319.)
E ar n in g s .—12 months, 11896....... Gross, $2,800,053 ; net, $829,682
Jan. 1 to Feb. 29.
j 1895..__ Gross, 2,163,068 ; net, 553,341
A n n u a l R e po rt .—Fiscal year ends Deo. 31. Annual m eeting is held
at Montreal on the first Wedn-sday in April. The report for 1895 In
full was in V, 62, p. 632, 637. See also editorial p. 661,
Tear ending Dec. 31.
1895.
1894.
1893
Miles operated December 31..
6,444
6,344
6,327
Passenger earnings............... . $4,683,138
$4,840,412
$5,656,205
11,445,378
12,673,075
F re ig h t.................................. 11,877,852
Mall.expr’ssandmiscellaneous 2,380,047
2,466,377
2,633,037
.$18,941,037
. 11,460,085
Per ct. of oper, exp. to earn’j s.
60-50
$18,752,167
12,328,859
65-75
$20,962,317
13,220,901
63-07
. $7,480,952
552,912
$6,423,308
333,826
$7,741,416
209,863
$8,033,864
. $6,659,478
$6,757,134
$7,951,279
$6,589,379 , $5,338,597
694,487
1,881,960
2,275,000
Interest on deposits.
Contingent'interest..
Dividends................
.
1,231,960
Balance......................... sill-. $142,426 df.$2,408,692
$337,682
Total Surplus Dec. 31,1895, $3,985,698.
—(V. 61, p. 753; V. 62, p. 294, 315, 319, 500, 6 3 2 , 634, 63 7, 661.
C a p e F e a r & Y a d k i n V a l l e y B y . - In operation from W ilm ing
ton, N. C., to Mount Airy, 248 m iles; branches to Bennettsville, etc.,
90 in.; total, 33S miles, of which 10 m. leased. M ostly 50-nound steel.
R e c e iv e r ,—Mar. 31,1894, Gen. John G ill was appointed receiver.
Foreclosure suit pending. In April, 1896, the question was under
consideration whether the road should be sold as a w hole or in
divisions.—See V. 62, p. 588,
B o ndho lders ’ Co m m itters .—First Mortgage—W. H, Blackford,
W. H. Perot, John A. Tompkins, Frank T, Redwood, Basil B. Gordon
and J. W. Middendorf; deposit n-ies, Mercantile Trust * Deposit Co, o f
Baltimore or Farmers’ Loan & Trust Co., K, Y, This is the “ Baltimore
Committee.” V. 58, p. 1034.
f i r s t Mortgage <>Series A ” —(he New Y ork Committee.—C. A Low ,
George F. Baker and W illiam E. Strong represent “ Series A "'b o n d s
as distinguished from the separate and conflicting interests o f “ Series
B and C,” and in January, 1896, offered to purchase “ Series B ” b nds
at oO cents on the dollar and “ C ” bonds at 40 cents,—V. 62, p. 39, 277.
R e o r g a n iz a t io n P lans .—The plans o f the two committees were com
pared m V .6 1 , p. 1153, see also V. 61, p. 830 and V. 62, p. 39, 232. The
New York plan provides for a rental from the Southern By. equal to
interest on at least $1,500,000 bonds; the Baltimore plan suggests an
interest gitaranty by the Seaboard A ir Line on all the bonds to be is
sued, I, i--.., $3,900,000.
WlHM. t i t A fu'vrnTta.Ttir K d ltT ir m ia ltA fl fl-n
j... „ . . __ ...... .
•»
«/
Sto c k authorized, $3,000,000; outstanding, $1,972,900, of which
July 1,1892, North State Improvement Co. held $1,608,000.
eminent guarantee o f interest on $15,000,000 of land grant bonds
1 b o n a a are a ben on lo , 444,200 acres o f land subject only to $3 - ,hA V L cLAL R e po rt — Fiscal fe a r ends June 30. For 1894-95 gross.
n:,net' * 77’J‘3A i charges, $207,466 ; balance, deficit, $1301)43,
426,000 land grant bonds of 1881, which are redeemable at 110'
’
As to consolidated debenture stock see. V. 49, p. 116. Y. 58 » 596 « ? n 8Qvn9A’c l 1>01S,Si^ 4w ’ co4; 11<8t ’ '$124,284.—(V. 61, p. 365, 558; 749,
For list o f securities held against the debenture stock Dec."31.1895.* 830, 870, 96b, l l o 3 ; V. 62, p. 39, 185, 232, 277, 588, 634, 682,
see v . 62, T>, 639.
f
C a r o lin a C e n t r a l B E , —Owns from Wilmington, N. & , to RutherTiie Quebec Province 5 per cent loan, maturing in 1902 and 1904 was fordton, N. C,, 267 miles, of which 2% miles (the Wil. R. Bridge) owned
extended in 1894 at 4 1 ? 0 per cent (average rate) payable in two equal jointly Sold in foreclosure May 3 1 ,1880. Controlled by Seaboard &
instalments Mai ch 1,1994, and March 1, 1906.
’
Roanoke ana Raleigh & Gaston.
'/aoSVvwP’L S,0!” 1” " 1-'' a?reed <» guarantee the principal and interB onds . In August, 1894, the Seaboard A ir Line guaranteed 4 p. 0.
est of $20,p00,°00 4 per oeufa, to bo issued by the Duluth South Shore
i
°i?° i Pb1; bent interest on bonds of the Minneapolis St, Paul per annum for o years on the firsts, givin g non-cum. 5 p. 0. income
r.,A10 .remaining 2 p. c. V. 59, p. 331, 600. There are also
^
: * ,J; Mitne, (See V. 50, p. 874; V. 51, p, 239; V. 52, p 608 ) 01 1— !’
the Del. S. S. & At, consols it owned Jan. 1, 1896, $1-1,923,000.
U
, r “ toe Atlantic a Anrthm sl Railroad, crossing the State o f Maine
S’ * A-uS-at1,(i Wil. & Weldon. A consol, mort. fo r $250,000 upon
,.w immtnlo" Goyeroiiient grants a subsidy o f $186,000 per year OB
the bridge was authorized m 1893 to retire the lsts as they mature, etc.
190t> and Canadian Pacific guarantees the balance o f iuterest money
Current
liabilities June 30, 1894, $135,059
’
* - Ijtiwretm ,t Ottawa bonds are endorsed with the Canadian Pacific’ s
C lit a 999 years' least
iren ta
ifflelent to “ y 4 nor“ °n?
E a r n i n g s — In year ending June 30 earnings have been as follow s:
14■;;;
s s m
trs & tts
conclnuanoe of luase; tl16
The Arw Brunswick Railway consolidated debenture stock lias
Interest guaranteed by C. !>.; interest on the first mortgage bonds
though not. guaranteed, is paid out of rental undor 990 year lease.
’
B a n d s .—Lands unsold Deo,31,1895, wort; 16 027 320 acres nf c . „
i f a,000 actor, o f Columbia and Kootenay grant.
Total sates in
b ^ cfo v m n m e iit^ tt^ A ^ g u s t.^ lS S p f^ e r^ n ^ y e a rly ^ v a a
1894-95.................$508,1)01
$9?,758
& W I
1893-94................. 490,289
105 008
424,444
1892-93................. 504,193
1061673
148 824
—(V. 58, p. 1109 ; V. 59, p. 28, 228, 331, 600.)
d S “ $61309
def 319 436
-def.
- -38,151
- ,4dfa
8
K y .- O w n s road in operation from Allendale,
s - T it Sevmn, S.C., o5 miles, A consolidationm 1891 o f the Barnwell
and the Blockvilie Alston & Newberry RR. cos. Stock S540 000* -nar
^
f ■*J>000 per mile were authorized in August/1891. *
Road was leased January 17,1896, to the Greenwood A n d erso i &
Western Ry. Extensions are contemplated.
E arnings — Year < 1894-95, gross, $51,349; net, $15,330.
t0
ae 30- 11893-94, gross, 5S.970; net, 14,849
— V. 62, p. 18o.
APBIL, 18D6.J
JtiATLROAD STOCKS AND BONDS.
37
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 t f a v o r b v s riv lu g I m m e d ia t e u o t le e o f a » v 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 .
BAILKO AD 8.
on t o t page o f tables.
Bands—Prinoi *
IN T 3 B B S T OK D IVID E ND S,
paLVDien Due*
Miles Date Size, or
Amount
of
Kate per Wlie.n Where Payable, and by Stocks—Last
of
Par
Outstanding
, Road. Bonds Value.
Dividend,
Whom.
Cent-. Payable
25
Carolina Cumb. Cap ,£ Chie.—1st M,, gold..
Carolina Midland—B. A. & X. 1st mortgage
First mortgage, $720,000...... .................
366
43
Carthage Water.,£ Saek.H ar.-^lstM. g.,gu.u.&Lend.
Calasaugua a Fogelscille—Debs, ext., g., 89’
OalavrUm—Pref. stocks, 7 p. e. gu. P. <fc K. Set
1
1st mart., assumed by Philadelphia <4 Kead—
Itupro cement bonds...........................................
CatskUl M ountain—First mortgage.....................
1st Income bonds...............................................
Cayuga * Snag.—Stock, 9 p. 0. rental D. L. & W ..
Cedar Falls d-Minn. —Bonds oil 2diliv. gink. fund.O'
2d mortgage (Government subsidy!............
Central Maniachtusetls— 1st mortgage..................0'
Saw bonds, $500,000,...... ...................................
Central W.T.it Western—1st mort, $1,000,000, g..c*
Con. 1st M. (tor $2,850,000) now 1st lien, gold..
Central Pattyto-8tock tor .$08,000,000................
1st M., ser. A, ext. 1895, subj, to call, gold, 5s..
1st M., aer. B to I, In ch , gold (see te x t)...............
1st >1. 8, Joaquin Val.Br.,g,(s. f.) not drawn......
U. 8. Loan (2d lien on certain terms)... .........
do
do
do
do
..................
do
do
..................
do
do
93
93
1882
1888
1891
1892
1892
1S91
1878
16 1885
1885
34
61 1866
100 1865
100 1879
100 ’66-7-8
99 1886
99 1895
__
1892
137
$375,000
150,000
570,000
2,000,000
1 ,100,000
300,000
135,000
3,200,000
1,300,000
230,500
500,000
50,000
....
238,000
5S9.110
30
500 &e.
1,377,000
1,600,000
1,000
630,000
1,000
1,000
1,600.000
2,000,000
1,000
1,000
100,000
1,000
242,000
2,860,048
50
2.500,000
1,000
100 67,275,500
1,000
2,995,000
1,000 22,883,000
1.000
6,080,000
2362,000
—
1,600,000
2,112,000
10,614,120
9,197,000
........
$1,009
500
1,000
1,000
1,000
30
1,000
50
1870 500 Ac,
1882
500
1886
Text. 1865
Text. 1866-8
146 1870
737
73 7
737
737
737
....
-
6 g. M. & N.
F. & A.
6
A. & 0.
6
4 g- J. A; J.
4 g. J. & D.
5 g. J. A J.
6 g. J. & J.
7 Der an. M. & N.
F. A A.
* 7
6
F. & A,
7
5
F. & A.
P. & ji.
6
9 per an. J. & J.
J. & J.
7
6 g. M. <fe
7 g. M. A N.
6
5
A. & 0.
A. & O.
5
5 g. J. & J.
6 per an J. & J.
4% g.M. & 8.
See textJSee text
See text. J. & J.
6 g. J. A J.
6 g. A. A O.
6 g. ,r. & J.
6 g. J. & J.
6 g* J. A J.
6 g. J. & J,
6g- J. A J.
In default.
In default.
New York City.
Y.Y.,Grand Cent.Sfcat’n
Cataaauqua, Pa.
Philadelphia Co.’s office
Philn., PUila, A Rend.Co.
Pbila., Phil. & Read. Co.
C’sW l],N.Y.,Tan.Xl Bk.
Divid’d pd, July 31,’95.
N ew York, 52 Wall 8t.
Last paid July, 1887.
N ot ., ’93, coup, last pd.
Nor*. ’93, coup, last pd.
U.S. Treas., at maturity.
Boston Office & Int-. Tr.
Boston, 53 State St.
N ew York, 54 W all St.
Bait., at B. & 0. office.
X. Y „ Union Trust Co.
N.Y., 8.Pao.Co.,23Br’tL
do
do
do
do
do
do
United States Treasury.
do
do
do
do
do
do
do
do
Nov. 1, 1912
Feb. 1, 1908
Oct. 1, 1931
July 1, 1941
Deo. 1, 1981
July 1, 1931
JuLy 1, 1898
Nov. 20,1895Feb. 1, 1905
Aug. 1, 1902
Aug. 1, 1929
Aug. 1, 1905
Aug. 1, 1915
Jan., 1896
Jan. 2, 1907
See text.
See t e x t
1897-1898
Oct. 1, 1906
Oct. 1, 1906Jan. 1, 1943
Jan. 31,1896
Sept. 1. 1930
See text.
Jan. 1, 1898
See t e x t
Oct. 1. 1900
Jan. 16,1895
Jan. 1, 1896
Jan. 1, 1897
Jau. 1, 1898
Jan. 1, 1899-
C a r t h a g e * A d i r o n d a c k I t y . —f 't e Map ,V. Y. Central.)—Owns
from Carthage to Benson Mines. New York, 43 miles. Extension of
3>e miles to Newton Falls completed in October, 1895. The entire stock,
$500,000, is owned by the S ew York Central KB., which In April,
1893, leased the property In perpetuity and guaranteed Its $1,600,000
o f new 4 per cents, of which $500,000 were reserved tor Improvements
or extensions If desirable. (V .56, p. 502; V. 57, p. 218.)
DESDS—On settlement o f certain accounts with B o s to n * Maine au
extra dividend of 1% per cent was declared on preferred payable Jan.
2,1896. Leased to Bostou A Lowell for 99 years from October 1, 1886,
at a rental o f 20 per cent of gross earnings up to $1,000,000, but w itli
a guarantee of sufficient rental to par interest. New issue o f $500,009
bonds authorized by Legislature in 1895. o f which $100,000 were issued
to Boston i Maine for claims to Ap ril 1,1895.—(V. 61, p. 1063, 1106.)
Y a r d in g <• W a t e r t o w n * N a c K e ti’ a m r b o r I t B . —(Nre Ifap
.Y. r. Central.)—Own* from Carthage to Backet t’ s Harbor, N. Y., 30ml!ea.
Controlled by X. Y. Central, which own- $177,600 of the stock aud
guarantee* the bond*. Leased to R. tv. A O. tor 37% p. c. of gross
earning*. Rental in 1894-95, $36,764; In 1893-94, $54,790. Capital
stock $485,845 common and $21,500 preferred,
C e n tr a l N e w Y o r k A W e s t e r n B i t . —R o a d .—B elfast, N, Y .,tn
Perkins vllle, 41 miles; branch to Horaallsville. l In d ies; Angelica,N .Y.,
to (dean, 40 miles; total, 92 miles, standard guago, of which only a part
in operation. Successor In December, 1892, to Laokawaunu & South
western, sold in foreclosure In 1892- V. 55, p, 077. Stook $1,000,000;
par $100. On June 30,1895, bond* for $108,000 were in treasury; bills
payable and open accounts, $112,368.
C a ta w ls a a K B . —Own* from Tamanend, Fa., to Williamsport, Pa.,
93 miles, and branch, 4 mile*. LeasedXov. 1,1872, for 999 years to Phil,
s Beading. Rental, 30 pet et. o f gross earnings and $8,000 tor organi
sation expenses. Funded debt was assumed by lessee*. There are
also chattel mortgage 5* due 1900 $24,500 ; 7 per cent improvement
bonds due Aug. 1,1929.$500,000. Seven per cent Is guaranteed on pre
ferred stocks, of which $2,200,000 Is ttrst pref. Common stock, $1,159,500, par *50.
C a ts k U l "’ t o n n u l n H a l l w a y , —Owns narrow-gauge road from
Catsktli, up the Cat-kill Mountain, to P alenrB le,8. Y., 18 m iles; leases
Cairo BE.. Cairo Junction to Cairo, X. Y 4 miles: total, 20 miles,
Reorganization after forBeliwirii o f June 15,1985, Stock, $99,000;
par, $100. Botch*.—1
There are also tetxmd incomes tor $15,600 0 r>. c.
fir s t Incomes have one vote tor each $100, K iKNixos.—Year ending
June 30. 1395, gross, $1.5,982: net, $13,230; surplus over charges,
etc,, i*},930, frosts which July 31.1895, paid dividends on 1st Incomes
asaountlng to $0,186, In 1992-93, gn»*s, ,$19,182; net. $21,803, From
earnings ut 1892 paid $8,585 on first Incomes In 1893.
C a y u g a A S i i u ) t i e h U B « H i t . —Own* from Busquehaniui River
to Ithaca, X. Y,, 34 mtiex, Leased during length o f charter aud renew
al* thereof to the J h ls v iu a Lgekasraana Jt Western at n run nil of
jn iU U O a year. Under terms of tea**- i which expire* Jan,, 1900), the
Cayuga A Susquehsuna at least two years prior to the expiration ’ of
lease ’ shall and will make application to the i*-^i-iature of the State of
New York tor an extension and renewal o f the charter,”
E *it*tw ;s—For year ending June 30. 1395, gross, $71,478; net
$4,042: charges. 315,118; balance, deficit, $11,077. In 1803-91 gross,
$65,002; net. 31,430. Balance sheet o f Juno 30,1804, V, 59, p. 650.
C e n tr a l O h io It lt . - O w n a from Bellalre, Ohio, to Columbus, Ohio,
137 miles, o f which Newark to Columbus (33 miles double tracked) is
owned jointly with Pittsburg Cin. Chiu. <fc St. Louis; operates branch, 7
miles.
Lease o f Columbus A- Cincinnati Midland was assumed by B. A 0.
L eased to Baltimore A Ohio till 1926, with option o f renewal; rental,
35 per cent o f gross earnings, with minimum guaranteed of $106,000,
rental in 1894 95, *383,811; In 1893-1, $1174.300: in 1892-93 $164,399.
D i v i d e s !,- on common stock since 1880 have been: In 1881,6%;
from 1882 to January, 1896, both inclusive, 6 per cent yearly.
B akn ixo s .—I n 1894 95 gross, $1,098,611; net, 3206,833; In 1893-94
gross, $1,069,428; net, $160,658; in 1892-93 gross, $1,326,851; net,
$240,043; interest $112,500; taxes, $21,000.
C e n tr a l P a c i f i c I t It .—: Se, Map o f Southern Pa cific.)—L ik e o f
Ko a d . hinet owned—
Miles.
Miles.
San Francisco, Ca!., to near
Branches to San Jose, etc___
35Trackttge—
Ogden, Utah.................. 872
Lathwp, Cal- to Goshen, Cal, 146 Xorth-rn R.v„ Main L in e ......
6
Roseville Junction, Cal., to
Union Pacific Into Ogden___
5
C e d a r H a ll* A .T fln n c s o ta I t H .—Own* from Junction near Cedar
Oregon State Line.........
200
Palls. Iowa, to Minnesota State Line, 76 mile*.
T o ta l..................................1,360L ease .—I n March. Iss5 , honed, to Southern PaotflO Company. In
l.r. «*B —Issased to Dubuque <k Sioux City for 40 years from Jan. 1.
188” . at minimum rental or $113,370 per annum. See V. 51, p. 493- Dee.. 1093, lease wa* *o changed that henceforth the Central Pueitlo
stockholders
should receive dividend* only If earned, f V. 58, p. 819.)
Interest was defaulted January, 1888, and on Jan. 1. 1896. coupons
In March, 1895, Mr. Huntington undertook on behalf of the Southern
due from Jan, t, 188$, to July 1, 1894, both Inclusive, were paid with
Pacific
that
the
Central Pacific shareholders should receive a minimum
Interest at offioc. 214 Broadway, N. Y. Coupon due Jan. 1. 1895, was
paid
o f It* face value. V, 61, i>. 1151. Stock. $1,580,500, par $100. dividend o f I percent, guaranteed by the ho. Pin;.—the first payment
of
%
o
f
1
per
cent
to he made on July 1,1895. and the second payment
Litigation regarding lease pending. In 'larch, 1896, a toil o f fore
closure wa« tiled by the mortgage trustee at the Instance of the Illinois Jan. 1, 1808. That the same rate o f dividends shall be continued until
satisfactory
legislation
has been obtained for the atyustment o f the
Central, which own* mo-t o f the securities, V, 62, p, 588.
In Nov., 1894, the Illinois Central offered holders o f C. F. & M. 7s, debt to the Government, when the dividend will be increased to 2 per
cent
for
a
guaranteed
period
oi t * o years. (V. 00, p. 1144.)
with Jan, l , 1888, and subsequenteoujtoiis at tached, $1,120 In Illinois
Central 4s (secured on )4 2 mile* o f Dubuque A Sioux City main Hue)
SoiMUpr.—Interest !-> not payable on subsidy loan till the bonds
for each $1,000 o f the 7s. Sec provisions o f Illinois Central Western mature, bnt the ••Thurman ” act provide* for payments yearly to the
Hues 1st mortgage under "Illin o is Ceatrai,"
sinking fund, dee V . 50, p, 276 Jan. 1,1896. principal duo Govern
Ea s x W os.—Iu year 1893-94 ere**, $113,055; deficit, after payment ment on O. P. loan was 325,885,1201 interest, *34,569,120; on Western
• "5 6 0 : Interest, 83,130.832. Par value of
o f taxes, $28,225; rental, $113,370; loss to lessee, $85,1 i.'i. In 1892-93 Pacific loan, prtnelj
gro*-. $118,340: deficit under operating taxes, $16,430. V. 59, p. 919; securities in u. 8. sinking fund Jau. 1,1801, $3,176,500. There are con
siderable
claims
against
the
U. 8. for transportation on non-alded lines.
V. 00. p. 82, 791. 1154; V. 62, p, 588
mvtBExDS— > 1889-’02.
1893.
1894.
1895, 1896.
C e n tr a l B r a n c h I lt lo n P a c ific B y . —Owns from Atchison, Ran.,
Percent.
) 2 per ct.
2
None.
%
Jau., %.
to Waterville, Kan., 100 tulles; leases Atchison Colorado & Pacific, 255
See lease above.
mlies; Atchison Jewell County * Western, 33 miles; total, 388 miles.
BONDS,—O f the first mortgage 4* nfrS6s-S, Series A to I>, aggregating
OkouctXA rtox.—United State* subsidy was $1,800,000. Controlled $8,378,000. cover the road ami franchises front Saemmehto to the
by Union Paotfic. but teased to Missouri Parities for 25 year* from California State tine, 140, miles, and Meries B to I. aggregatin g*19,Sept .30, 1885; rental, s e t earning*. Accounts payable Jan. I. 1895, 503,000, cover the road anil franchises from the State Line fo live miles
SJ.880.041; Inters*’ on Government loan accrued and unpaid Jan. 1, west of Ogden, 598 miles, series A, $2,995,000. 6s. extended from
1890. $2,110,991; principal 1* f 1,600.000. D ie November. 1893, in July 1 .1$0.'i. to Jan. 1,1898, at 5 per cent; but subject to call at par,
terest on Central Branch 7* and A te as-on A Pike’s Peak 6s was paid In lu which ea*e, however, interest shall lie adjusted to 6 per cent Instead
January, 1894, May, 1894, and subsequent coupons remain unpaid. of 5 from July 1, 1895. Merit's 8. O atid D. aggregating $3,383,000,
Bee Union Pacific.
fall duo July 1. 1300; aeries B, $3,997,000, on Jau. 1. 1897; series F.
G. H. and 1, aggregating $15,508,000. fall due Jan. 1,1898.
Brock.—$1,000,000 (par, $100), o f which On. Pac. owns $874,200,
The s per rents o f >sh are guaranteed principal and Interest bv the
Boytoioixn:« * ’ C- ra M trrM. -Simon ft rg. .I m i.- M. Ham, Edward.
Southern
Pacific Company: the mortgage Is tor $16,000,000, the Metro
H. Ladd, Jr., and Gilmer Clapp, request deposits of bonds with ITuloa
politan Trust Go, of New York being trustee. (V. 49, p, 840.) o f the
Trust Co,, X. Y,—X*. 62* p. 386.
amount authorized $2,280,000 ore reserved to retire at maturity any
la n d ,/rant bonds not rede mod from land sales, ami $2,750,000 can be
E a k n iv o * —On 100 rntlos.} 1*90........... gross,$30,922; net, $i7,878
Jan. 1 to Jan, 31—1 month. ( 1*93........... gross, 21,333; net,
3,817 applied only to the improvement or purchase of property on which the
In year 1893 gross on the lOOmile* Atchison A Pike's Peak were mortgage shall have a first lien. The land grant js o f rgoo carry tile
$314,770 ; net, $74,708. In 1894 gross. $370,160; not. $01,760. For Southern Piu lrte's guaranty o f principal and interest.
Several of the loans have sinking funds hut none of the bonds are
earnings o f leased line* see Aich. Col. & Pacific. (V. 60, p. 1144; V. subject
to cal’ before maturity. The total holdings of the sinking
61, p, 924 ; V. 62, p. 3t9 , 588.)
funds on Jan. 1, 1895, exclusive o f the lund grant fund—which see be
C e n tr a l ’ Iit - - a 1 I i u 11 * K H , —Owns North Cambridga to North low—were $0,2-30,071, including * 2 .035,000' 80. pae, Of X. M. 1st Os;
ampton, Mas*., 99 inih s The -took is *7.410,202 (par $100), of Which $2,926,350 southern Pacific Co, steamship first 6s; $1,788,000 Guate
*3,949.102 i* preferred and controls the company until 8 per mala Central R P„ first gold 6s; also other securities aud $670,801 incent dividend* shall have been earned thereon In any one year. Dtvt- cash.
INVESTORS’ SUPPLEMENT,
•2 Si
[V ol . LX1L
H tib » r r lb e r » w i l l c o n f e r a g r e a t f a v o r b>- g i v i n 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.
fo r explanation of column headings,
on first page of tables.
Bonds—Princi
IN TE RE ST OR DIVIDENDS.
pal, When Due.
|Miles Dare Size, or
Amount
Par Outstanding
Rate per When Where Payable, aud by Stocks—Last
ot
of
Whom.
j Road. |Bonds I Value.
Cent. Payable
Dividend.
Central i'lieitir —( Conti ml fit) —
I ,
I $1,000
Wcst.I'ac., Ban Jose to Brighton, Cal., series A.g.i 123
! 1,000
do
series B, 1st M., to Oakland, gold...... :
2-4
do
Government lieu, gold.........-.............. ; 123 1867-9
1,000
Cal. A O . 1st M.,ser. A, g. (exte’d) >*. f. yearly, 296 1868
1,000
Ih>
do ser. B, g. (exte’d) snot drawn.. 296 1872
1,000
1870
Land grant 1st M., gold, guar., extended in 1890. —
1,000
Slbrt, gold 6«. 1930, Id. gr. e. t . not drawn................... 1886
1,000
Mort. gold. 5*, 1939, Id. gr.,gpar., a. f., not dr'n.e 1,360 1889
Notes due land grant fund ($500,000 due yearly.) —
1,000
Cent.
,f itVsfi ii,—Wllkeab. A- West., 1st M., g.c"
31 1886
Cent, o f Georgia flu.—Stock................................ e* . ...
1.000
1st mortgage, $,,000,000, gold. —
......... cat’ 312 1895
1,000
Consol, mortgage, $18,500,000, gold................... Text. 1895
1,000
1895
Mobile Division 1st mot!gage..............................
121
1,000
Macon A North. Dlv. 1st wort,, $840,000, gokl.e* 106 1895
1,000
1895
1st prof., incomes)
Interest up to 5 p. c., o*
1,000
1895
2il do
do
*
If earned.
o'
1,000
3d do
do
1
non-oumulative.
o’ j ---- 1895
1,000
1887
Collateral tn let bonds, gold, redeemable at 110. o' —
Guaranteed, tic., securities.
j
1,000
1890
Ocean as. Co. 1st mortgage, gold, guaranteed...c
100
Augusta A .savannah stock..................................’ 53
100
Southwestern o f Georgia s tock .................. .—
332
100
C ml. HR. o f S. Jersey—Stock (.$30,000,000 author.)
1,000
1872
Bond*, scoured by consolidated mortgage of 1874
1,000
1874
Consolidated mortgage (now first m ortgage)...0*
1,000
1883
Convert, debentures, convert. Into stooft till 1907
1,000
to n g Hr, & SeaShore 1st m., Sandy Hit to L. Br.c*
6 1869
600
N, J. So. 1st M-, L. Br. to Atsion,etc.(assumed).o*
78 1879
L and G k a -ST. -Total land grant was about 12,000,000acres, of which
about 2.840,000 acres had been sold to December 31, 1894. Sales in
1891,18,107 acres; cancellations, 30,761 acres. Land contracts on
hand January 1. 1895, $973.984; cash, $1,793,729; notes of Central
Pacific RR., $-100,006 (against $1,000,000 in 1894).
E arn ] scs.—11 months,) 1895...G ross,$12,008,766; n et,$4,434,174
Jun. 1 to Nov, SO. ( 1894...Gross, 12,106,051; net, 4,596,842
A n n u a l R eport ,—Report for 1894 in V. 60, p. 967, 969, showed:
Receipts1894.
1893.
1892.
Gross earnings..............$13,118,245
$14,319,908 $14,746,652
Operating exp., taxes, rents... $8,723,238
$9,204,557 $9,526,696
Interest on funded debt........... 3,353,926
3,293.678
3,316,365
.................. .
uireuH'uts___
185,000
185,000
185,000
United"states requirements___
599,701
584,775
577,018
Betterments nud additions___
111,787
267,181
279,669
T o ta l................................. $12,973,652 $13,535,191 $13,884,778
Surplus over charges for year.
$144,593
$784,717
$861,874
—tv. 59. p. 696, 919 ; V. 60, p. 480, 561. 873, 928,967, 969,989,1103,
1144 ; V. 61, p. 26, 751,1154; Y. 62, p. 232,456,549, 643; V. 62, p. 742.)
C e n tr a l o f G e o r g ia R a i l w a y ,—(See Map on adjoining page.)—
R oad —The system includes :
Lines owned in fee.
Miles.
Lines leased—
Miles.
Savannah to Atlanta A br,. 312 Augusta & Savannah!) .......
53
Birmingham, Ala., to A m eri
Southwestern o f Ga.RR,,gu.U 332
cas, Gu....... ...................... 219
Montgomery to Eufaula, Ala.
80
Proprietary Lines—
Columbus to Greenville, Ga.
49 Western of Alabaman.......... 138
Opelika to Roanoke.............
36 Atlanta & West P oin t!!.......
87
Eufaula to Ozark..................
60 W riglitsville & Tenuille.......
35
Griffin to Carrollton.............
59 Upson County R R ................
16
Savannah to Tybee....... .......
18 Gainesville Jeff. & Southern.
65
Columbus to Seariglit........... 124 Other lines...............
32
Macon to Athens.................. 106
M eldriiu to Lyons............
58
Grand total...................... *1,879
Ocean Steamship Company,
Total owned in f e e ...........*1,121
estimated equivalent o f___ 300
If Sec this company.
Meldrim to Lyons, 58 miles, Is leased to
Georgia & Alabama.
Organization—Organized October 17, 1895, to succeed to the
properties of the Central Railroad & Banking Co. of Georgia, and
the Savannah & Western, etc,, sold in foreclosure October 7 and
October 5 respectively, and reorganized per plan in V. 60, p. 1008
with amendments In V. 61, p. 08. The Central Railroad & Banking
Company was chartered in 1840. Central o f Georgia Railway took
formal possession of the property onNov. 1,1895. The fixed charges and
rentals ahead o f the Income bonds under the plan w ill he about
$1,864,000.
The Georgia RR. {which see), 314 miles, was leased In 1881 for 99
years to the old Central RR. & Banking Co. and the Louisv. & Nashville
'Die line from Lyons to Meldrim, 58 miles (leased), and Meldrim to
Savannah, 17 miles (trackage), Is used by the Georgia & Alabama
(since April 1,1896). T . 62, p. 456.
Description op Bonds.—The firs t mortgage 50-year gold 5s are
a first tu n on the main line from Atlanta to Savannah, Induain* the
MUledgerille branch (312 miles In all), all equipment and appurten
ances and the equity iu the steamships. Mortgage trustee, New York
Guaranty Trust Co.
D ie consolidated mortgage (see abstract in C h ro nicle o f Novem
ber 16, 1895. V. 61, p. 873) 50-year gold 5s are a first, lien
upon o ,9 miles [ineluding the form er Montgomery & EufaulaRR
Savannah A- Western and Savannah & Atlantic], and a second lien upon
the main line. Its equipment and appurtenances. They also cover all
leaseholds, securities, etc. They may be increased $2,000,000 from
$16,500,000 to $18,500,000. at the rate of not more than $500,000 in
any one year, for betterments and for equipment. The consolidated
bonds will lie the only fixed charge obligation covering the entire sys
tem and will be an absolute first lien upon 579 miles o f railroad and
*"» equipment and the leases of the South Western and Augusta &
Savannah roads and the stock of the New England Steamship Oom- ’ a Via , The liens prior to the consolidated mortgage aggregate*13,120,000. Mortgage trustee, Mercantile Trust Co. o f N ew York
Mobile Division bonds are direct obligations of the Central of Georgia
f,y., secured by a first lien on the former Mobile & Girard RR., Coluuibua, Os., to Seariglit, Ala., 122 miles.
.Macon ,i Northern Division bonds are also direct obligations of the
gT
' d g miUs - V( v a62 %U725)eU ° “ thfi r0ad from Macon to Athens,
Tim preference income bonds, subject to the prior mortgages, cover
m.:"V Due and the lines of the former Savannah & Western, Colum
bus ,v Rome Montgomery & Eufaula and Savannah & Atlantic railroads, and their equipment, property and appurtenances; also all
leaseholds, securities and equities of properties acquired by tiie new
company. 1 hoy arc non-onmtflative and bear interest not exceeding 5
per cunt in any one fiscal year, but payable only out of net earniiLs
as declared and secured by- the dood of trust.
Collateral trust mortgage abstract was in V. 51, p. 5 7 1 .
$1,970,000
765,000
1.970.000
5.982.000
4,358,000
2,598,000
.56,000
1 1 ,000,000
400,000
620,000
5.000.
7.000.
16,500,000
1,000,000
840,000
4,000,000
7.000.
4.000.
4,880.000
6
6
6
5
5
5
6
5
4
5
J, & J. N.Y., S.Pac.Co., 23 Br’d.
do
do
.1. & j .
Various United States Treasury.
j . & j . N.Y., S.Pac.Co., 23Br’ d.
.1. & j . N.Y.,8.Pac.Co.&London
A. & O. N. ir.,8o. Pac. & London.
do
do
A. & O.
A. & O. N. Y. & San Francisco.
N ew York.
g. J. & J. July/94, int. to be adj’d.
g.
g.
g.
g.
g.
g.
g.
g.
000
000 5 g.
5 g5 g.
5 g.
Up to 5
000
Up to 5
000
Up to 5
5 g-
1 ,000,000
5 g.
1,032,200
5
5,191,100
5
22,497,000 See text.
1,167,000
7
3,836,000
7
465,000
6
197,000
7
411,000
6
F, &
M. &
J. &
J. &
Oct.
Oct.
Oct.
M. &
July
July
1897
Jan.
Jan.
Oot.
Got.
Apr.
Oot.
July
1,
1,
&
1,
1,
1,
1,
1,
1,
1,
1899
1899
1899
1918
1918
1900
1936
1939
1895
1926
A. N.Y.,Guaranty & Tr.Oo. Nov. 1, 1945
do
X.
Nov. 1, 1945
do
J.
1945
J.
do
Jan. 1, 1946
1 New York, when earned Nov. 1, 1945
do
do
Nov. 1, 1945
1
do
do
Nov. 1. 1945
1
N. N. Y., Security & Tr. Co. May 1, 1937
J. & J.
J. & J.
J. & J.
Q —F,
M, & N.
Q .-J .
M. & N.
J. & D.
J. & J.
N.Y., Security & Tr, Co.
Savannah, Ga.
Savannah and Macon.
N.Y.Off., 143 LibertvSt.
N. Y,, Liberty Nat. Bk.
do
do
do
do
do
do
do
do
July 1, 1920
Jan. 15, 1896
Jan. 14, 1896
M a y 1, 1896
Nov. 1, 1902
July 1, 1899
May 1, 1908
Dec. 1, 1899
July 15,1899
L atest E ar n in g s —8 mos, ) 1895-6-Gross, $3,956,329; net, $1,552,928
July 1 to Feb. 29.
! 1894-5. Gross, 3,620,277; net, 1,411,655
A nnual R e po r t .—Fiscal year ends June 30. For year 1894-95 the
receivers report earnings o f old company as fo llo w s :
Surp.from Oent,RR,sys,$l,533,574 Inc. from other sources. $134,700
6,142
From Banking Dept___
Surplus steamships and
Total income................ $2,258,263
terminal properties...
258,947 Taxes................ ...........
135,945
Surp. Sav. & West. sys.
324,900
Total surplus earn’ as.$2,122,318
“ Betterments during the year amounted to $425,793. Ordinary main
tenance, however, requires a certain expenditure fo r steel rails and
fastenings each year, which w e estimate should not exceed an average
o f $200,000 per annum.” R eport of receivers of old company for
1893-94 Avas in V. 60, p. 128.”
Offic e r s .—P resident (elected February*, 1896), H. M. Comer; Vice"
President, Ralph F. Anderson.
— (V. 59, p. .28, 277,780, 835, 878, 1004; V. 60, p. 82, 128, 348, 350,
522, 711, 834, 838, 967,1003,1057,1103; V, 61, p. 26, 28, 68, 111, 112,
153, 195, 197, 239, 324, 365, 366, 420, 470, 471, 516, 660, 661, 703,
749, 793, 830, 870, 873, 966, 1012,1063,1106; Y. 62, p. 137, 232, 363,
456, 726.)
C e n t r a l R R . o f N e w J e r s e y . —f See-Map)—R o a d —Operates from
Jersey City, opposite N ew York City, w esterly to W ilkesbarre and
Scranton, Pa,, and the neighboring anthracite eoal field s ; also south
erly to the seashore resorts along the coast of N ew Jersey, etc.:
Lines 0wned in fee.
Miles. Nesquehoning Valley !!........... 17
Jersey City to PliiUiosburg___ 72 Lehigh & Susquehanna, PhilSundry branches..................... 87
lipsburgto Union June., etc. t.170
E n tire stock owned.
Wilkesbarre & Seranton 1!....... 5
Long Branch & Seashore............... 6 Lehigh & Lackawanna!!......... 35
N ew Y'ork & Long Branch RR.,
Other lines...............................
9
Perth Am boy to Bay H ead .. 38 Allentown Term. (oper. jo in tly) 3
N ew Jersey South’n RR., Long
Trackage—
Branch to Atsion, e tc........... 78 Union Coal R R ........................
9
Other lines (no debt)................131 Pa. Pough. & Boston..............
2
Leased (mostly fo r 999 yrs.) Miles.
Ogden Mine R R.’ 1!...............
10
Total operated Jan. 1,1895. .672
IT See this company. 1 See Lehigh Coal & Nav. in “ Miso. Companies.”
There are 261 miles o f second and 30 miles of four tracks. With the
Balt. & Ohio and the Pliila, & Reading operates the “ Blue Line ” be
tween Washington and the Southwest and N ew York, 1he B. & O. tracks
being used to Philadelphia, the Reading to Bound Brook 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 & Reading. Receivers were in possession from
Jan. 1,1887, till January, 1888. Reorganized in 1887 without fore
closure—see plan Y. 44, p, 714, 716. Operated from February to
August, 1892, under lease by P ort Reading RR. Co. Dividends were
resumed August, 1889.
Concerning coal properties see Lehigh &
Wilkesbarre in “ Miscellaneous.”
D iv id e n d s .— <’89.
’90.
*91.
’ 92.
>93.
194.
’95.
*96.
Percent.
( 3
6
6*3
7
7
7
53s below.
In 1896, February, H ip , 0.; May, U 4 p. 0.
B onds .—Mew Jersey Southern 6s carry the endorsed guaranty o f the
N ew York & Long Branch, Central N, J. general 5s are reserved to
retire them at maturity. Total issue $1,500,600, all but $411,000 being
held under the Central’s general mortgage.
Of the general mort. o f 1SS7 (see abstract of mort. Y. 45, p. 402) $8,396,000 on Jan. 1,1895, were reserved for the prior Cent. N. J. bonds
and also for the follow ing; N. J. Southern 6s. $411,000; Lehigh Coal
6 Navigation 6 s of 1897, $2,310,000; Long Branch & Seashore 7s
$197,000. A ll the old bonds, it will be noticed, mature within a few
years. The balance o f general mortgage bonds unissued are held in
trust for prior Hens. V 61, p. 280. Interest on the genera) mortgage
coupon bonds is payable J. & J.; on the reg. bonds Q.—J,; trustee Is the
Central Tru3t Co.
The If. T. a Long Branch is leased join tly by the Central and the
Penn. RR. at a guaranteed rental equal to interest on mortgage debt
7 per ceut dividends on stock and organization expenses.
Its
first mortgage bonds are guaranteed principal and interest by the
Central, which owns all its stock, and are so endorsed; interest on
“ generals ’’ is provided out of the rental guaranteed by the Central
aud the Penua. RE., and bonds are so endorsed. Of the general 5s
$1,500,000 are reserved to retire the os of 1882.
G e n e r a l F i n a n c e s , &c.—In August, 1894, $1,500,000 more general
<rs hart been issued for advances to Lehigh & Wilkesbarre Coal Co. and
general purposes. Til August, 1895, $1,644,000 additional “ generals ”
were sold for improvements, etc, V. 61, p. 324.
E arning s .—2 months,) 1896.........Gross, $1,831,117; net, $569,249
January 1 to Feb. 2 9 .) 1895.........Gross, 1,646,168 ; net, 468,339
A nn ca l R epo rt —F iscal year ends Dec. 31. Annual m eeting is held
on Friday next preceding second Monday in May. The report fo r 1895
was in V. 62, p. 344, 360.
01
VlOOGA /“ •V.
IEMPHIS
Franklin0
‘'oparlanburgV
8*
Oorlutti
gf.
fCotiuttik
Sbjvonaorr
FloroncS
hmm
D alton
*Tv-£arii»i,*
Toccoa
lourtlaiid
’Sardis °
Camden
Oxford
B*»w»rs\Y.
kR*jyil««t
Guiiter»vJUo\
srdoen Je.
Okolomii
Grenada
Nowbon
'Orwikwimd-
/Suwiusca^
i.»rietta/4p
iAberdeen
. . iithEAS.
^ CO‘'» rV»
Ashvine
JiiMpon
Orfttmms
w w ,y
I*
•*"000f » V “
CARROLllTON »C.
| w.bivi«bnr>r
Fayette
starkvlUi
AUGUs
C
“ r/
A Orangeburg
R o/
-s,
- ■ ■U
00
§
s
'Tuacalogsi
IJurant
ioaduako
Magnolia'
W kjitiu
Jinoa^w
Sonoci
■Kltjay
'Tuscnrubli
Y o rk v UWr
Gre envi M
Oolnmilbutim
%AvtacmiKa
iiu«i>y
noai
Macon
Eutaw
oikroti „
Marlon*
iW
Bnmbdpti
ll.awii)St
rkwMLLCN tv
,M|»raS1W«u
rQPELIKA J
p itp lp Y.
Lauderdale
tramdiylil*‘ C<^,
do r (iburg
Frau v
•m'c .
' VIOK8*
Bhtofpt'wjj
->g*c-K»vtLte/'H
'
ii.
O
O
E->
Green V
Ci«sargl«i»irf
02
9
Luv-errm
,t« o»
, "t«i
Hattlosburg
wr i r w
.Oamiit*
mswick
jfmnatim
ft®>W4€
m' obile
rCADMlMI
- 4 - -jsssj
'■Wstt
'
r3ackionirill«»/
ft* ’
YuA* Clirjf
CENTRAL OF GEORGIA
RAILWAY COMPANY
Haiijsfoit?
J;i\l
!J>w,yfmj
AND
C O N N E C T IO N S
30
INVESTORS’
SUPPLEMENT.
[V ol . L X II.
BAILROAD
A PHIL, 1896.1
sto ck s
ajnjd
bon ds.
Si
S u b s c rib 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 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 tlie s e T a b le s .
Bonds—F rln el
IN TE R E S T OR DIVIDENDS,
R AILRO AD S.
Miles Date Size, or
pal,When Due
Amount
or
Where Payatile, and by Stocks—Last
Par Outstanding!
1?er explanation o f column headings, Ac., see notes o f
Whom.
Dividend.
Road. Bonds : Value.
Cent. Payable
on first page of tables.
■Central Railroad ofX ew Jersey—( Concluded)—
Cent.RR.ofK.J., 6en.mort.for$5O,OO0,0OO,g.,e£r
Real estate bond and m ortgagee......................
Lehigh Coal A Xav.. mortgage, gold, assumed—
Guaranteed Bonds—
Ani.Dock*Imp.Co.lstM.,iru.^redeem. at 110. ..o '
S. Y. A L’g B r’h 1st M.,red. £n 1399 at llO .gtdd.. .c*
Gen. 51., for 32.500.000, g.,P.Amb.to B.Head.e*.
Ventral Bit. o f Pennsylvania.—Stock, $1,200,000..;
Bonds, 8600,000................... ................................
Central o f South Carolina—Stock...........................
1st mortgage, gold............................................. <’
Central Union Depot Jc RR. o f Cinein.—Mortgage.
central Vermont-Consolidated RE. of Vt. 1st M ...
Cent. Vt, 1st consol M. for $15,000,000, gold-CAr
Equipment bonds, gold, drawn at 100 Jan. 1----Centralia a* Chester—1st M .$12,000perm ., ga ld.e'
Chari. Clendennin& Sut.—1st M. e.. $30,000 p. m.o*
Charleston d Northern—1st mortgage (see text.)..
o&ariesion ft Susannah Stork....................... ........
General mortgage, gold..................................... o'
1st and 2d prof. Ine., $1,000,000 each, non-cam..
Charlotte Columbia ft A ur/usta—See So o t h e r s R v
Ohartiers -Stock .....................................................
1st mortgage, guar. p. & 1. by Penn. R R ............ c
Chateaugay R R .—Stock.......................................... ;
Chateaugay ICy—1st M., gnar. p. Ac 1 D.& K. Canal
Chattanooga Rome <t Col.—Rome * Carrollton 1st M
1st mortgage, guar., gold................... .'........o '
Chattanooga Southern—Common stock, $2,250,000
Preferred stock, $750.000...................................
1st mortgage. 85 0,000, gold...............................
Income mortgage, non-cumulative. $750,000___
AU.
....
38
38
1881
18S2
1891
....
1,000
1,000
1,000
4.987,000
1,500,000
142,000
1,200,000
1881
50
1,000
170,000
300,000
250,000
7,000,000
See text.
425,000
876,000
1,000.000
800,000
500,000
1,500,000
2,000,000
* 1
40
....
1883 lO O ie.
1892 : 1,000
1,000
1339
1,000
1894 ; 1,000
103
103
1886
1886
100
1,000
1,000
23
1871
50
1,000
100
185
__
73
.....
39
22
138
89
89
Seetext.
do
do
July 1, 1987
Various dates
8 g- J.&D.15 PM la., Leh.C.A Nav. Co. Deo, 15,1897
1887 $500*0. 1*41,604,000
307,100
...
2,310,000
l g‘ Various X. Y ., 143 Liberty St.
| 1867 500 Ac.
1887
1885 100 Ac.
1887 ; 1,000
,. ». j
io o
100
1895
1895
J. & J. N. Y ., Lib erty Nat. Bk. July 1, 1921
5
■T. & D.
do
do
Dec. 1, 1931
do
do
Sept. 1, 1941
5 g. M. & S.
«g .
5
4
6
5
5
4&
|J.
J.
J.
A
51.
&
&
A
&
&
&
J.
J,
J.
J.
0.
S.
Boston.Am .L.& Tr.Co.
do
do
N.Y.,U.S.M ort.&Tr.Co.
X .Y ., Farm. L .& T r. Co.
PkilW stEndT.&S.D.Co
..............
Jtme30,1913
Jan. 1. 1943
$25,000 y ’rly.
July 1, 1919
O ot 1, 3944
Mcb. 1, 1915
7 g . J. & J. N.Y.,12 W. 23 & Cha’st'n Jan. 1, 1936
Irredeemable.
See text.
April.
644,300 1
500,(mo
95,000
200,000
150.000
2,090,000
(i)
(!)
(1)
g.
g.
g.
g.
5
J, & J. N. Y., Cuyier, Morgan. July 1, 1921
Apr. 1, 1896
A. & O.
A. & O. Philadelphia,Petm.RR. Oct. 1, 1901
Aug. 1, 1907
Plattsburg, N. Y.
«
P. & A.
6 g. J. & J. July, ’92, coup, last pd. Jap. 1, 1916
o «. M. & 8. Mar,,’92, coup. last. pd. Sept. 1, 1937
1
■
5 g
J. & J,
New York.
1925
1925
like amount. The road is standard gauge and laid with 56-lb. new
steel rails. Farmers’ Loan & Trust Co. trustee o f the mortgage and
registrars o f the stock. Earnings for fiscal year ending June 30,1895,
showed a surplus tor the stock over and above operating expenses,
utereat on mortgage, taxes, etc.
C h a r le s t o n C le n d c n n ln *V S u t to n R K . —Owns road, com
pleted In December. 1895, from Charleston, W. Ya., via Clendennin to
..$13,568,024 $12,659,941 $14,967,956 Clay Court House, 51 miles, and under construction via Clay Court
i. 8,292,055
8,438,305
9,117,052 House to Sutton, 49 mites additional, to be completed about Jan., 1897,
Capital stock authorized, $3,000,000; par, $100; outstanding March,
$5,850,904 1896, $367,300. First mortgage Is for $3,000,000, limited to $30,000
. $5,272,969
$4,221,630
$958,247
$808,617 per mile. West End Trust & Safe Deposit Co. of Philadelphia, Pa.,
| 1,201,576 ;
183,150
154,918 Is trustee o f the mortgage.
E arjrsos .—For year ending Deo. 31,1895, on SO miles, gross, $61,. $0,474,545
$6,874,439
$5363.033
440: net, $31,700; interest. *25.000. President, John H. Drake,
$1,896,370 Philadelphia: Vice-President, C. C. Lewis, Charleston, W. Va.; Treas
$1,557,358
2,873*589
2,839,279 urer. W. 8 Drake, 1326 Chestnut Street, Philadelphia. V. 59, p. 1141;
. 1,691,091
.(5)1,124,850 (7)1,574,790 <7)1.574,113 V. 60, p. 1103; V. 01, p. 1012.
Dividends.------ ---C h n r le a to a & N o r t h e r n R R . —Operated from Pregnalls, S. C.,
Balance............ ...........mir. $703,438 def. $642,702 mu. $564,647
to Gibson Station, N. C., 132 mile*, and branoho*. 18 miles. A reorgan- ( V . 60, p. 3 89, 636 V. 61, p. 280, 324) V. 62, p. 34 1. 3 10.)
ita tio n o f the Charleston Saint. & No., sold at foreclosure Fob. 15,1895,
C e n tr a l U K . o f C c n n s r l v * rilu .—Owns Bellefoate *Pettit RR.) A fte r reorganlcaiiou a mortgage for $900,090 tvaa issued. The read
to Mil! Hail. P ». (on Beech Creek RR.) 27 mites; branch 4 miles; was then divided and purchased a* follow s: From Darlington to
operates K ittB a v V a I.K K .a s d branch, 7 tulle* A consolidation o f Nor'h Carolina line about35 mile* by Hieraw & Darlington; Darling
several companies. Opened In December, 1893. For year ending June ton to Sumter, 38 mile*, and Eutawvltle to Preguall® and branches. 40
30, 1895, grc*-. $57,74)*; deficit under operating expenses, $1,972 ; roles, total 78 mile*, by Manchester & Augusta : Sumter to Mcrrlam,
30 miles, bv Wilson & Summertoti. Each division was sold subject to
charges, $8,263; balance, deficit for year, $ 10,235.
the mortgage oil that division. Total Of the m ortgage Is «8OO.0OO and
C e n tr a l It I t . <>f S o u th C a r o l i n a . —Own* from Lane. 9. C., to all the bonds are held liy the ’ Atlantic Coast Line Co." The bonds are
Homter,S. C., 40 mile* Leased to the Xertheaatornatm the Wilmington guaranteed n« fo llo w *; $230,000 by the f'Ueiaw & Darlington; $125,Colombia A A ugusta K it. com panic, Solntiy; rental $31,000 >curly. OOO by Mime he* I or & Augusta; $125,000 by Wilson & Summerton.
Stock $170.000,par $50. In year ending .1uric 3 0,1S95,.gross (turnings, - ( V , 54, p. 525 ; V, 60, p. 130, 319.)
$89,484; net, $35,704. to 1693 94 grb»*. $80,698; act, $28,272.
C h a r le s to n A s a v a n n a h R y . —Owns from opposite Charleston,
C e n tr a l V e r m o n t l t n . —open He* fttrai Bmue'ft Point ul the north t 8, C„ to Central RR. at Savannah, Gn„ 115 tulles, and branch 0 miles,
nr*eUs to N>w London, Conn, on
end of
dm uiph i I q m m m mmm
all steel. Operate* from Ashley Junction to Charleston, 8. C „ and Cen
Long UiiH5.il Sound, with brmnehm. Rrstam Includes:
tral RR. o f Georgia, crossing to 9. F. & W. Ry. at Southover, 11 miles.
Rwxd tturntd*
m u.*. \ let.med IAn**— ;on'd.
Mile*. ! Branch to Waterboro, 9. 0 ,1 4 miles. Is controlled In same interest but
Windsor to Eon#o’ * Point....... X58 | Itbiel ***,uol Valley ................. 28 | operated separately. Belong* to Plant system. 8oe Snv. Fla. & West.
Wtm&x. Jtrafttloii to litirltngton .. 9 Mo at;m i! Portland A Ro-iton,. 40 I
Bwmion Jnm tU m to>Prorinee. H i Montreal. A VerRioiit J iiao,.. 231 B onus .—I nterestoa llrst incomes: for 1888, 1!a percent, for 1889,
Montpelier to WUU‘9v*Vwu,&c. 10 St* w London A Northern % ... ..121 f 2; for 1,800, 6 ; f „ r 1*91,6; for 1892,3; for 1803. 4 ; tor 1891, 4 per
■mmmmj 0 sde mb. a - L Champ. <&hr,* . .127 j cent (paid in April, 1895).
Total owned....
Ruth%tu\ RR. f ..................... .120 1 E a RNINOs.—8 month*> 1395-6 ..Gross,$340,921; net. $61.715.
July 1 to Feb. 29. { 1891 5 ...Gross, 355,975; net, 68,518,
Stumt*m& Shefford Sa Chambly 43 j
Ltm ed
tSeN&these eo*a.
iw
i r
Addison R R ,.
In year to June 30,1895. gross, *557,517; net. $90,978; o her In
Brattlctmro * White•hall...,*.,, m i Totai operated June 30, *9«5.,772 j come, $1,151: Interest, $103.890; balance, deficit, $2,281. In 1893-94,
Burltwgton & tMmailie., , 2 0
Of w hicti wits steel...... ...........705 j gross, $818,610; net, $120,922,—(V. 56. p. 887; V. 53, p. 81.)
C h a r lo t t e C o lu m b ia & A u g iie la , —See SovTUERN liAlLWAT.
H isro a r.—A cotwolldattmi was report 4 ia June, 180S. o f m s OeaW lille R iver and Con*
tral V
V «raoB t 4k Cant*la,
C h a r t lo r * R y ,—Own* from Maosflcld, Fa., to Washington, Pa., 23 ra,
wMtlmU'A E%ii m l of v'erm/mt. ftml the tfjpiim&Q organization o f the lA;assed till 1971 to the Pittsburg Cincinnati & St. Louis (now Pitts
**Comolidated** I* M ill m ain tain ed .
burg Cincinnati Chicago & St. Louis); the rental Is net earnings
In 1395. gross, 8262.884: not. $65,219; other receipts. $12,500: int,,
, i8 9 «, J. M* Ha ■e* and A. C. Smith
E rc b iv u m m p. —On Mar
night by the Grand etc.. $53,987; dividend* i* p . o $.51,824; balance, deficit, $27,392.
were ap p oin ^ l m **l vor*
T tob Ic.'- V. m , p. ".*■<«, »>3i,
in 1391. gross, $233,941; m-t, $102,981. In 1893, gross, $281,638;
-R<
min r . iheticy.nf Boston: Samuel net. $131.710. Capital stock, $645,300 (par $501, o f which the Penn
1 ra* <:*m MITT i
B» EBner, Kew York, r*»r*= anting the BtUSj ** estate: Kara ft. Eater, sylvania Railroad own* $333,850. Dividends since 1886 as follow s: In
\
Henry
D.
Bar, if U. L. Day & Co.; deposC 1887,1888and 1889,’' p ercen t; in 1890. 5%: in 1391. 73,; in 189*2.
of L*m, B im in m n A t v> , M
3; In 1893, 10; In 1894. 10 p. e.: in 1895, April, 5 p.
Oct., 3 p. c.‘. In
fury* Atk»f*rlcAit la. & T. (*o. Bottttttu—>v, *ri. . 034, om .
1890, April, 5 p, c.
Sto c k .—On J a m 30, 1804, th Central Vermont had oatstanding
C lia t e a n g a y U R . —Operates narrow-gauge road from Plattsburg,
$1,000,000 tttmk *nd Ctobsottiia **3 o f Vermont $750,000 prof, ana
N. Y., on the Delaware & Hudson, to S iranac Lake, in the Adirondack
s$00,000 oommon.
Mountains, 73 miles. Of this It owns from Daunamora to .you Mt.,
Bo.vr ia.—Of the emi*fhUtlnied mm igc
four* for * 15,000,000 [trustee 18 miles, and leases the Chateaugay Railway, Lyon Mt. to Saranao
$ 7,000,000 are reserved for the Lake, 30 miles, and the Plattsburg & Dannemnra RR. (so-oalled),
Am eric
Icoati A ‘X tm t Co. o f Bo*
retire it ent at mat:nrlty of fche#7,< >00,000 ftyea due Sii 1013, and, If the Plattsburg to DannntBora, 18 nt. The latter road is leased from the State
trustee 90 1require* , an additional |700,<XK> w ill bo hold for same pur* of >*. Y. for one dollar and the free transportation of freight to the
pome ; $1,4;88,000 ’j
to roplm m « ©rtciln temporary bonds and $2,500,- State’ s Prison at Danoomora. The Clmteaugav Railway Is Teased fur
000 to pa r doati:nit diahty the ha .arsee being issuable for permanent Interest on its bonds, which are gaunt ate d principal and Interest by
improvero*?nts on the bfstem, ei <*. The mortgage covers the road the Delaware & Hudson Canal Co.
Built in Interest of an Ironowned an*! fiktl in
t lt> \m*w and securities owned. On dime 30, mining company and to carry summer travel to the Adirondack*.
1894, tihe CCentral 1
o o t fexcltn lire of “ Oinsolidated") had fim d el
E auni nos.— In year ending Juno 30.1895, gross, $96,020; deficit under
debt o f $4'?5,000 n■tut e*tm m t Hah tittles $3,633,531. Offsets 1allude:
bonds oIfnim%.t $889',037
raed, $701,773; ** cash and current operating expenses $7,636. Charge*, $23,231. Balance, deficit for
year, $30,917. In 1393,94 gross, $38,563: deficit from operating,
’* $ >80$743,
M o t * ,1
$20,199. Total surplus June 30, 1894, $647.9 )3. Chateaugay Ry.
Awsio1 1 E ir o ft i’..........
....wyear
..... j» d * June 30. Report for 1394-9.5 has $168,000 stock outstanding.
- F I seal
w m in V. 02, p. 315; gross receipts, Including itearner earniugs, were:
C h a t t a n o o g a R o m e & C o lo m b o * R R , —Owns read Carrollton,
Gro#.t
In!., rentals,
Og. Tran. Balance, Ga , via Rome, to Chattanooga. Tetm., 138 miles. Purchased by the
Year.
tam ings,
earnings,
lu x e. dr.
sit Co.
surplus. Savannah & Western in 1890, but interest due Sept. 1 , 1392. was not
l$94-5. .$5.10$,9$0 $1,595,086
$1,528,180
$47,975
$tw.89l paid, and In March. 1893, the property was placed In receivers’ hands.
1893-1,. 5,2 15.0,74
1,,>80,059
1,530,038
50.508
5.513 Receiver is now Eugene E. Jones -ate of the road was ordered in
1.588,791
1,171,002
100,926
16,263 July. 1884. but no date has been fixed,
1892-3.. 5.574,308
1891-2 . 5,450.582
1,661.895
1,449.101
90.551
134,940
A bondholders’ agreement has been prepared by Simon Borg & Co.,
20 Nassau St.. N. Y „ and deposits can ho made With Central Trust Co.,
—Of. 80. p, 4t\ V. 61, p. 324; V. 62, p. 195, 315. 988, 634, 6S2.)
N.
1. See V. 61, p. 793. Itis proposed to reorganize as au independent
C c n tr a lin & C h e s te r n i l , — ‘See. Map.i—Owns and operates from
Gentra]ia. Hi., to EvansviUr. Ill,, and from Sparta to Rosborough, company. (V. 59, p. 191; V. 61, p. 195, 470, 7 03 ,1154.)
C h a t t a n o o g a S o u th e r n R R . —Owns road, completed in June,
with extension to Salem. Ill , now under construction, making total
length about 85 tniles: hooded for $12,000 per mile, corering road bed, 1891, rrom Tennessee State lino to Gadsden, Ala., 86 miles; branches, 3
equipment and terminal facilities; stock issued and subscribed for miles; trackage to Chattanooga, Smiles. Successor Jan. 1 0 ,1896, to
Tear ending Dee, 31.
Passenger and freight..
Anthracite c o a l............
Mail, express, etc ..........
N. Y. 4 L B . Division...
Trackage ......................
1895.
1894.
$6,347,239
5,273.822
490,955
458.440
89,485
1893.
$6,966,198
6,788.543
472,709
485,233
255,273
33
INVESTORS’
SUPPLEMENT.
|VOL. LXII.
VV iiM C U yf
liar,on V.
■ & ■
__1Wellington
Park
\
fc
Hoopcstop'
j
_Norm
i
ICC ^2?Le Roy^
<
h e***
Heyworth
Atlanta
ifansfield
Champalg
L o d a c ^ C ^ ^ o ^ B R'l
^ White HeatlJ
'"'■“ Monticcllo
Maroa
w*
Sidney
Westvill^
fBemcnt
mend
s\a
<v>*(,C°
aerJeS Jc. f
OEO- <
[Boyington
I.
5AJ7T~\----Ml222a
SPRINGFIELC
Jackson
>Auburn
\
!
Sullivan
Taylor vLt
dYirden
^Assumption
Girard/
/
/Borton
/ Stoningttju
<
/ v Kansas
T/J
Charleston
“ Palmer
/*•
MarshallJ/L^0
7 ^
I.
^Harvel
Nokomisrr Oconee
2
Hillsboro
Cowden
Kamsev
/Mt\ Olive
/
*\
^Staunton
jVnv
/r*
\
A? Sorentoi
Vandalu
Newton/
pillow Hill
.Jhmes ^^dge^-ood
fet-Pete/”
rEdwardsville
/
" -=A\e-
Oakdale
.
vo'p
.Dundas
Xouisvilles
.AlmayO'Kinmundy
/ Sa^Carlyle/
--------- & —
V °U l8 /
______
LQuisy.
Belleville
A
J
jrioraJ
St. Francis Y.\
Rinard\
r Robfnett
Central Citv^
iSD* t ^ a l I a
^Maple (
Gr.
Cisnee $
'& o ^ \
mstadt
Jc
V l^ V t.
:^ e jl
^Hoyleton
.Waterloo
r NASH VI LLE
’ High>Prairie
(* K
X
Red Bud*3
!t.Vemon
t f^ O a k d a le
/
^ X . \ ^ ^ " ^ uddy Creek PBubois
V^ ^ ° ULTERS V. ° j \
Tamaroa
Pinckn
» *y V. f
DahlgrenX^
“
Peny v f
os
C L
Gallatia^
.SU -tSU ltiM arion
TCarbondale.
«jktow&
p Makanda
n
S^
d^urnside
ATunnel Hill
pCobden
tfarquanH
/Jackson
BcsaVille'*
V ^ io n m \
a, .
'
L‘0„
r^tSTN
k vA N s^
l Parrish
•<* w
’•* SL Murphysboro
j y
£osey V.
Shawnee Jc. V — —--- jMc Leansboro
Sacramento J;
Jenton
flkvihe^
C -V
£
\
r^t^Du Quoin
<De Koven
Elizabeth vy
pesboro
P Yienna \r>
r Dongola
Elco/
“ Belknap
'J i £ * o
C E N T R A L IA & C H E S T E R
° Greenville
, East
\Cairo
M AP O F TH E
/x
Paducah
^
,
/
Lawxenceville5f,V/vC^{ f t '
^ o s , 0^Of.
RAILROAD c o m p a n y
A
pril,
1896, J
RAILROAD
STOCKS AND
BONDS.
:s;i
S u b s c r i b 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 In t h e s e T a b le s *
Bonds—Pnnel
IN TE RE ST OR DIVIDENDS.
__________________ B A II4 *0 A D g . , _ _________M iles' Date
Size, or
When Due.
Amount Rate per When Where Payable, and by pal,
For explanation of eoliraffl fcetullBfS. Ac., see notes of < of
Stocks—Lash*
Who
on Brat p a o f tables.
Road. ‘Bonds V&ufe. |Outstanding Cent. Payable;
Dividend:,
Chattanooga TTnion—See B elt R a il w a y of C b a t TANOO;GA.
29 I ....
$50
$273,350
Che-raw Ji t'hr.lrt— S to c k ...................................
29 I 1877
150.000
500 i
1st * 2d mortsaerea (850.000 are 2ds>..................
CheraW<e Liariinylon - 1M tuorteage, $400,000---66 1888
366.000
37 : 1895
250.000
Charleston & No., 1st M.. **Dlv. A ," assmned...
. .. . ! 1869 500 Ac,
300.000
Cherry Valley Sharon if- Albany—1st mortgage---Chester d: Lenoir—Slock, com. ($49,000 is p ref.).,.
221,700
See text.
Mortgage bonds. 5 p. e. to J an. 1, ’98, then 6 p. e.
875.000
Chee.d ,Va.»A.—1st M..$25,000p.m.,g.,s.f.oiot d 'rn .c
35 1887
1,000
2.287.000
Ohaapmke J- OAt.,--Purcli. money funding, gold-.e* 428 : 187S
1,000
503 1878
2,014,179
Mortgage 6-. gold, series ••A" See le s t ......... e*
1,000
2 , 000,000
75 : 1881
l* t mart.,of 1911. Benin. Ex-., gold. See t e s t e
1,000
142.000
8 I 1882 500 &©.
TerO 1st m.,1922, eorariDg 8 m., to Phoelms.g.e'
l i t Mnsol. mortgage fo r $30,000,000, gold - e-.tr 655 1839
1,000 23.503.000
6, 000,000
256 1890
Rich. A All Die. le t oonaol. M., gold. See te s t.c
1,000
2d eons. M., Rietan. via, I.ynchb'g to Clifton F. 256 1890
1,000
1,000,000
26 ji 1890
1,000
650.000
Craie Falley braneh 1st mortgage, gold...........c‘
22 : 1890
1,000
400.000
Warm Springs Branch 1st mortgage, gold....... e*
General mortgage (for $70,000,000, etc.) gold..-- 1,174 1892
1,000 22.792.000
1,000
3.007.000
KUza. Lex. A Big Sandy le t m.. g., gnar. p. A1..C* 109 1872
57,000
Var,
Chcs. <fcOhio Equipment trust bonds, gold----.«•
1,000
330.966
Equipment notes..................................................
Elevator Co. 1st M_, gold.p. 4 gnar. by C. ,fc O.c
1.000 j
820.000
---- i 1888
2d mortgage, for $500,000,income, uon-entn.tv! . ... ; 1888
1.000
315.000
1,000
170.000
Sew Riser Bridge Bonds, gold............................. . . .. . | 1888
269.000
1,000
18 1892
Bnck’ am Br.R B .letH ., $15.000 p.m.,g.gn.,p. ALo1,000 I
339.000
Greenbrier A S ew R iver RR. bonds........ .........
6,030.600
Oher. Ohio <&Southwestern. Common..................... f
3.896.000
Preferred $3,800,000............................................ !
.... 1894-5 i
330.000
Receiver*’ certificate#......................- ..................
473.000
Faduc. & Eli/.., l * t mort., sink, fund, <lr’ n at lO o .. 186 1877
1,000
October,Oot., ’92, div. last paid.
O ct, 139^
J. & J. J u ly ,’92, coup, last pd. July, 1897
A. & O.
Baltimore.
Apr. 1, 1938’
M. & 8.
Meli. 1, 1915
J./jrD./y N. Y. Off,21 Cortlandt St. June 15,1899In default.
. N.Y.,J, P. Morgan <fe Co,
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
do
Aug. 1 5 ,193T
July 1, 1898*
July 1, 1908'
Jan. 1, 1911'
June 1, 1922
M ay 1, 1939
Jan. 1, 1989
Jan. 1, 1989
July 1, 1940
Mch. 1, 1941
Meh. 1, 1992
Mch. 1, 1902
Various.
Various.
Ooh 1, 1938
Oct. 1, 1988
N.Y. , J.P. Morgan & Co, May 1, 1898
Richmond,
S ep t 1, 1942
do
Aug. 1, 1942
6 A *8
F. A
A.
See text.
Feb. 1, 1907
i t
•Hp-r
Chattanooga Southern Bv., sold la foreclosure Feb. 14, 1395, a n d re o r-! $36,100 and second vreferred to r $46,600 only was outstanding July
gsaized per plan in V. 81’, p. 830. Capital stock, $3,000,000.
I 1,1895. See terms o f exchange in V. 54. p. 642.
B ond #.—'T he new firsts arc $5,000 per mile on present mileage and | Bonds .—T he series A bonds o f 1878 cover, subject to the purchase
f 10,090 on extension*. The old bondholder* w.-r-- required ro subscribe |money Os, the main line from Richmond, Va., v ia Charlottesville to
tm H
I D «equally
^ t * . « * * * g f Q43VU
4G U with
W I llU the
v u c P en in sa ia r
for the* new bond* at par to the amount of 25 percent of their holdings, j Ashland, K y •>, 428 miles, aami
are
secured
jm yiag 5 per cent C$50 on each $1,000 old bond|I>ee. 15,1895, and the Extension 6s by first mortgage on extension to Newport News, 75 milesThe consol
lolidaled mortgage due in 1939 is for $30,000,000 (trustee,
same amount respectively Feb. 15, April 15, June 13 and Aug. 13,1896.
E arnings .—I n year ending June 30, 1893. gross, $66,3.11; deficit |Central Trust Company), and sufficient bonds are reserved to
under operating expense#, $2,582. In 1893-94, gross, $61,428; deficit ; provide for prior liens. This mortgage is also secured by deposit in
under operating expenses, $-1,666.—(V. 59, p. 919,1133; V. 60, p. 130, |trust o f the $11,000,000 bonds and two-thirds o f the stock o f the Mays1 vllle it Big Sandy KR., Ashland to Covington, Ky., and the Bridge to
218. 258, 301,561; V. 61, p. 68. 830, 1012; V. 62, p. 157.)
|Cincinnati, ail owned by the Ches. A 0. RR. (Bee abstract, V. 49, p. 147.)
C b a O a iio o g a
See B e l t B a il w a y o f C e at t an dog a .
Rich monel & Allegheny Division bonds cover the important freight
C lie r a w Ac C h e a te r If.It .—-Owns narrow-gauge road from |route front Richmond v ia Lynchburg to Clifton Forge and branches,
Chester to Lancaster, 8. CL, 29 mile#. Form erly leased to C. C. Sc A., j (Mort. abstracts, V. 51, p. 144.)
but not included in Richmond Term inal reorg. plan m amended Feb.
The general mortgage o f 1892 (Central Trust Co. and H. T. Wickham
20, 1894* President W. E Hardin was mn*m receiver in January, |trustees) is for $70,000,000, but additional amounts at $25,000 per mile
1894, Year ending June 30, 1895.
#, f 18,561; net. $211 charge^. J may be issued for double tracking. Of the $70,000,000 as above,
$1,121; balance, deficit fo r year, $004.
i $32,691,000 bonds were reserved to provide for the $30,000,000 eonf h e r a w Ac B a r l i n g to n I f I f . —ft* rf! from Florence, 8. 0., to ! sols o f 1889, issued or to be issued, etc. The balance unissued may be
j
Wadeaboro, K. C. * 66 m iles; Florence to Oil sons, S. CL, 37 miles (ptir- sold for new acquisitions, rolling stock, etc., but not more than
chased in February, 1895, from Charleston At N orthern ); H artavllle , $2,000,000 thereof in any one year. The mortgage covers the entire
KB. (stock owned*, l o m iles; total, 113 Mil* i. Controlled by Atlantic property of the company, real and personal, at the time the
I deed was made, and ail additional property and mileage
Coast Line System. Capital stock, $400,000 par, $50.
acquired with the proceeds o f the bonds. See full abstract o f mortgage
E a rxih g #.—For year ending June 30, 1895, gr< ,$101,281; net, I in V. 54, P .0 1 4 ; also V. 54, p. 642; V. 55, p. 335. In April, 1896^
$33,343; other income. 846, interest, etc., $16,945.
. $21,793,000,
«-<>*«*«,w v , unu
had beenustou
listeduu
onnew
New xurK
Yorkchock
Stockr«xcuange.
Exchange.
C h e r r y V a lle y S h a r o n Sc A lb a n y K H . - O w ih from Cherry
The Elizabeths n Lexington 4 Big Sandy first mortgage bonds, Interest
Valley to Coble-kill, N. Y,» 21 mile*. In 1876 road was acquired |on which has been reduced to 5 per cent, have been endorsed with the
D. &■ 0 . C.mai Co.* Which now operates \ C. A O. guaranty o f principal and interest, and general mortgage bonds.through Albany
_ A
id by D,
it. Oiterations Included in Albany A Smq, reports. Stock, $289,100; j have been set aside to retire them at maturity. There are Also Manj Chester City 8*. $60,200, and 5s, $36,000.
par, $50.
Ope r a t io n s , F inances , A c.—Since the reorganization in 1888, when
C h e s te r Ac L e n o i r K B , - Narrow-gaugei oad from Chester, S. C..to
Lenoir, H. C., 109 i»U«s, of which 99 miles i* ov i>cd. Formerly lea«c<l to the control of the company was placed for five years in the hands of
0, C. Sc A., but not included in Richmond Ten, iiual as amende*! Feb. 20, j trustee#, the property has bc<m greatly enlarged and improved. It is
1894. Receivers* were appointed In January , 1894. but March 10 the operated in harmony with the Vanderbilt lines.
The C. Ac O, June 30, 1895, was liable fo i $175,000 incurred for 5 per
road was again turned, over to the com pan
Extension to Cranberry,
cent bonds o f the Steamship Company, which bonds, when sold, are
about 60 miles, 1 is been under consideration
R e c e iv e s #in p -OH Jan. 23, 1896, Prosit! cut Cl, W. F. Harper was j|expected to pay this liability; and ft is also liable as guarantor or the
; Norfolk Wharf Warehouse A Terminal Co. to the extent o f $100,000.
appointed reeeiv f in a friendly suit to assist
it reorganization,
| During 1894-95 the company sold $2,835,000 bonds theretofore in it#
R korganixatu
-Plan o f June, 1804, prov
cnidea for Issue of (1.) new ;j treasury, enabling it to pay off practically its entire (1eating debt, tncc®q. stock, $172,700, in exchange for old
m. at 50 p. c. (2.) N ew pre- ji curred for stock o f the Chesapeake Ac Ohio Steamship Line and for irnferrtti 5 p, e. non-pum.. $49,000, given fn two years’ interest due on j! provements. On August 1,1895. there were in the treasury $499,000
1st mortgage bonds. (3.) New .mortgage
;
m bonds.
$400,000. at 5 p. c. for ij I V per cent bonds, Including $177,000 received since June 30. As to
three years from Jan. 1,1 $95, and 6 p. thereafter; $350,000 to replace j; Louisville Ac Jeffersonville Bridge bonds guaranteed in 1895 see
old bonds and $50,000 to build road Newton to Hickory, 10 miles, j! History above.
'Bondholders agreed to accept 2% p. c Interest on bonds for coupon |
j The interest charges for the fiscal year 1895-96 f Including interest o n
(3% p. c.f due Jan, 1, 1805, The aboT^ ».lati has l*een ad opted by the the 11->p. e. bonds in the treasury) on June 30, 1895, arc estimated at
Stockholder and a majority o f the bondfc ld<
“V. 62,
“ “ p.
' 185
I $3 109.366. V. 61. p. 327.
Cl» e s a p e a k e At title* n y . ~ s . ee MopW—Opcrates from .N ewport
The steamship line was form ally opened Sept. 7,1893. Has wharves
News Yau, and Wa? ngton1, Ik C., t o cin e Inaatf. Ohio, with branches. at Newport News and six new steamers.
L in ts mmetl in f
|
E ar n in g s .—8 months, } 1895-6 . . .Gross, $6,926,100; net, $2,192,615
Miles. 1
v'd by slock, etc. Miles.
July 1 to Feb. 29.
) 1894-5....Gross, 6,480,220; net, 2,115,103
td m
Old. Point Comfort
: B rid ifes—Co rln tftlea* Ky., to
2
port News a4i* t alette
i Cinedrinatl , Ohl o .. . . . . . . .
t. 4 P fCAL R e po rt .—Fiscal year ends June 30. Annual meeting is
ville to Ashland, Ky
... 510 |!Elizal>eWitotrn Lexington Sc
held at Richmond on the Tuesday preceding the last Tuesday In
Richmond via Lynct *burg to
m Bandy RR.
... 103
J October. Report for 1894*95 was given in full in V. 61, p. 321 an«
... 232 j Smmty branches
Cltitoh Forge, V a ..
... 245 j 320, and showed the following. See also editorial p. 302.
Mrints conirmled by flock. tie.-— |Track age to w&»]iin gton .. ...
85
Tear ending June 30—
1804.
1893.
May*ville ,v Big Bain ;y RK
d .......
...
30
1,363
1,277
—
m, 144 |
$2,350,975
$1,347,148
$2,011,977
! To Uif »yPlena...
...1.360 Passenger earning#.. .. .. .
F
r
e
ig
h
t
.
.
..
..
..
,
,,
,.
.
.......
7,304,816
6,630,201
7,565.5X1
[ Trackage to Ron!#vi lie .... ...
-1
Of the above n
401,930
re 10imiles Is narrow- gauge road. <if the “ leaned" Express, mail and miscel.
444,067
414,324
21 miles 1# on E.
B. 9, and 9 mile# on Washington line.
$8,596,031
$9,044,108
$10,336,810
Hi stout , Azc.—Thn form er Chesapeake As Ohio w m sold in fore Oper. expenses and taxes.
6,027,127
7,132,761
8,464,528
closure April 2.1878, and till# company organized. In 1888, under P
er et. expenses to earns..
(67)
(67)
(60)
the direction, o f Iirexel, Morgan A Co., reorganized without foreclosure,
and the road extended, to Cincinnati- The consolidation with the Rich
$3,204,049
$3,131,503
$3,016,981
mond Ac Alleghany vr»* consummated In January, 1890. The Elizabeth
13,366
11,445
23,680
town .Lexington At. B ig Sandy and other road* were absorbed in 1892. Other income.......... .
In SefMember, 1803, the Chesapeake & Ohio Steamship Co., controlled
Total net income....
$3,030,347
$3,227,729
$3,142,048
by this company* began operation*. See below and V, 55, p. 1078.
$3,098,118
$2,738,304
$2,948,112
The 0. A O. In 1895 arranged with the Louis-ville A Nashville for
5,914
2.622
er.
trackage right# from Lexington to Louisville, Ky., 51 mile# Rentals o f tracks n e t.....
Loss on grain elevator...,
13,077
9,789
14,411
-:o.
i
*
r <.
.
7,132
50,964
47,374
O. acm ilm t hs 1895 control o f the LbtikviMe A Jeffersoaville Bridge Discount and exch'ge, Ac.
w , , with large termlnala is both those cities arid bridge across the Ohio
But plus..
$18,700
$18,860
$427,640
River. A join t and several guaranty o f the Bridge Company bond# (of
which $3,000,000 in all are now issued) has been given by the Clove- ~ (V . 58. p. 816; V. 59, p. 151, 309, 3 3 1 ,3 3 2 , 476,541,1103; Y. 60,
61
u*®d Clnetemtt Chicago ASt. Lc*ol« and by the 0he#a.f*ciake Ac Ohio. I t Is p. 130, 258. 794, 835; V. 61, p. 302, 3 2 1 ,3 2 6 , 559 ; V. 62, p, 84, 683.^
not eat-iMMfUBQ that this guaranty will Impose any burden oti the railway
C h e s a p e a k e O h io Ac ^ o o t h w e i t e r n B B ,-dSee Map Illin o is
companies, a#, at ordinary rates for trarfie. the bridge and its terminals Cent ra t.)—Louisville, Ky., to Memphis, Tonn., 392 miles, and branch
fhooM h « selLfinfttftt.nfiig, but any deficit H payable one-third by C. Ac Elizabethtown to Cecillan Junction 6 mile#, 398 miles; of which i.?
O. and two-third# by Bis? Four. gk*e “ Mlscellaneoris Compatrie# ” See leased from lAmlsvllle A Nashville their Ceeilian branch, 46 m iles.
V, 60, p. 130; V, 61, p. 327. 559 ; V. 62. p. 84.
Also operated separately the Hodgensville & Elizabethtown and the
A CAPjTAt Stock .—Common stock is "$00,479,700; Increased from Troy Tipron ville railroads, 16 mile# in all, most o f whose securities
$4o,00O,000 to ibis figure since 1S92 throagh exchange o f praotlealiv are owned,
ail m e $25,000,000 o f preferred stocks for common stock and general
H is t o r y .— In November, 1893, a large amount o f the junior securi
mortgage 4% per cent# in certain proportions. First preferred fox ties and subsequently nearly the entire issue o f Cites. O. & S. W. firsts-
INVESTORS’
SUPPLEMENT.
|V o l . l x i i .
RAILROAD STOCKS AND BONDS.
A p r il , 18E6J
subscrib ers
w in
35
e o n f e r a n r cu 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 1Sire, or
of , Par
For explanation o f column heartItuts, it*., see no tes Of
of
Road. Bondst
on first page o f tables.
Rate per! When Where Parable, and by
Cent. Payable
Whom.
Boutin—princi
pal,When Due.
Stocks—Last
Dividend.
6 g . P- A A h A u g.,‘95.pd.3an. 2 ,’96
6
;F. A A. iAng.,’93, coup, lastp’d
6
!Semi-an
New York City.
8 per an. Q.—M. ! ( N.Y.,Cnvler,M org’n )
8 per an. Q —M. j l ACoAC3iie.Tr.Office ?
6 g. J. * J. Lond’n.J.S.MorganACo.
6 g. M. A N. N. Y., Cuyler.Morg. ACo.
6 per an.Q-—F. !
do
do
7 per an, Q.—J.
N. Y „ U. S. Trust Co.
7
J. A- J.;N .Y.,Cuyler,Morg.ACo.
7 per an. F. A A. <
do
do
7
F. A A.
do
do
7 M.
& ».i
do
do
7 per an. J. A J. Chic., Treasurer's Office
6 g. A. A O. Jf.Y.,Cuyler,Morg.ACo.
Aug. 1, 1911
Aug. 1, 1911
June, 1901
Mar, 2, 1890
Mar. 2, 1896
July 1, 1903
May 1, 1903
Feb. 1. 1896
Apr., 1896
July 1, 1898
Feb. 1, 1896
Aug. 1, 1900
Nov. 1. 1900
Jan., 1896
Oct. 1, 1912
5
6
6
5
6
See text.
7
5
Apr, 1,
June 1,
Deo. 1,
Feb. l.
Apr. 1,
5Isir.lt;,
July l,
Oct. 1,
INTEREST OR DIVIDENDS.
Amount
j
Chesapeake Ohio <£ Southwestern—r Concluded.) —
C. 0. A 8. W. 1st mort.,gold ($19,000 per nnlei.e' ! 3.52
2d mortgage ($11,000 per m ile)....................e" j 352
Eqolomeut trust bonds................................. o '
OkicuQa d Allan—Common stock...........................
Preferred slock (7 per cent yearly not cum illative.
Gen. M., Joliet to £. St. Louis A br., sterling ..e* i 322
162
8. t. bonds). K.C.8t. L. AC. IstM-coL) .gold,not dr’ n. o’
Kansas City 85. JL. A C. pref. stock, guaranteed.. i 162
37
Joliet A CMe., 7 p.c.stock,perpet.,guar. by C.AA
St. L. Jack. A Ch., 3d S t(n ow 1st), end. by C.& A. ! 150
101
Louisiana A Mo., guaranteed preferred stock...
101
1st mort. (guar. p. A i. aud later assumed)___
2d mort. <guar. p. A L and later assumed)......
Mias. R iver Br.,stock (7 per et. guar. byC. A A). 1 101
1st M.,gold, assumed, sink.fund,dr’ n atlOO. .c* : : : :
1st mortgage, atnk’g fund, redeemable at 105.. c 1
2d M. ($10,000 p. m.) red. after May 31,1888..e*
Ten-year debentures.................................. .......c*
Equipment mortgage—see te x t...................
Funding notes.............................. ..............
Chicago Burlington & QtHney—Stock, see text
Con. M, cor’ ng Ch. Term, (now 1st lien) see text.e"
363
363
___
757
286
$0,176,000
3.865.000
563.000
100 18,751,100
100
3,479362
1873 . 1,000
4,379,850
1878 1 1,000
1.832.000
100
1.750.000
100
1.500.000
186S , 1,000
230.000
100
329.000
1870 j 1,000
1.785.000
1877 j 1,000
300.000
300.000
547.000
1877 | i ’,606
100
9.665.000
1886 I 500 Ac.
8.147.000
1888 | 1,000
2.215.000
1886 : 1,000
935.000
1BBS 1 1.000
309.000
1894 ; L0,0u(I.Ac
230.000
100 32,002,700
IB 73 i 1.000 28,177,000
1876 j 1,000
2.315.000
1881 1$1,000
1881 j 1,000
1,0 00
purchased by the Hlinoia Central. In December, 1803, prepara
tory to a transfer to the Central, H e—re. John Echols and St. John
Boyle were appointed receivers. The Louisville & N ashville was to
have shared In the purchase, but the Courts forbade It to do so. See
V. 59, p. 1006; V, 60, n. 42; V. 59. p. 28; V. 60. p. 1145,
During the year 1894 the Ohio Talley stock was relinquished to
the original owners by order o f the United States Court for Dis
trict oi Kentucky, this company having failed to fttiull the conditions
of such agreement. In August. 1802, a controlling Interest in Owens
boro Fails o f Rough A Green R iver RE. was purchased by Cht-s, O. A
S. W, parties.
A. A O, N.Y.,F.L.AT.Co.ABost,
J, A D.
do
do
J. A D .1
do
do
F. A A.
do
do
..............
A. A O.
N. Y „ Boston aud Chic.
J. A J. N.Y., Bk.ofCom.A Boat.
A, A O. N.Y ., Bk,ofCom.A Boat.
1926
1918
1896
1903
1926
1896
1903
1901
Tear ending D e c ,3 l~ 1895.
1894.
1893.
1892.
Miles operated. . . . . . .
843
8-13
843
843
Passengers............... $2,134,155 $2,043,912 $2,000,320 $2,351,242
3.881,544
F re ig h t........... ........ 4,289,90®
4.273,117
4,933.596
Mail, expenses, etc..
378,421
366,780
392,702
395,772
Total gross earns... $6,302,4*5 $6,292,236 $7,566,639 $7,730,610
Net earnings............ $2,819,492 $2,063,548 $2,910,750 $2,922,811
305,336
Other receipts..........
273,019
272. pr. 6
241,525
Prem 'son new stock.
344,779
131
305,917
BK crnnikf. -In Dec., 1805, $240,000 receivers’ certificates wen* nutTotal receipts........ $3,061,017 $3,281,340 $3,210,217 $3,501,594
standing, and additional certificates were arMhortecd for payment o f
$632,987
$-122,772
$653,808
$674,053
Interest due August 1, 1805. on first mortgage bond*. Ou June 30, Rentals paid............
IP. 705
Construct.,equip.,
Ac.
26,218
217.833
238,841
1891, to!al funded debt vra- 811,502,363, im-hiding $061,363 o f equip
632.037
Inter,-*! on debt..-,.
579,018
527.504
304,108
ment obligations; the current liabilities were $3,441,331.
Dividends. . . . . . . . . . . . 1,778,448
1,729,424
1,582,386
1.407,500
Fo r e c d is c r e .—Foreclosure suit under the second mortgage has been M isceltaeo os. . . . ___
57,342
24*500
168,227
169,986
tiled. V. 00, p. 176.
B alan ce................ •$236,908
$100,980 aur.$72,727 *r.#.046.207
Ootfi-oxs — C. 0. 4 S IV. fir s t mortgage coupon* d m August, 1895,
were paid January 2,1900. V. 02, p. 40.
■ In addition $203,703 was paid for old claims to Wiggins Ferry Co.
Prirtuctih 4 hlizuhethioun firs t mortgage coupons dtee August, 1804,
—(47 60, p. 3 * 8 , 8 * 5 , 351 ; V. 61.P-366; V. 62, p .3 1 7 , 3 5 0 ,3 6 6
and February, 1805, wore paid when urn*.
58.8.1
BAJtiOXO#.—7 mo*. ’ 1803-0... gr«Ms, $1,541.111: net, $563,739.
July 1 to Jam 31. 11894-5___gross. 1,394,235; net, 529,680.
C h ic a g o H o r l l n g l o n
N o r t h e r n K i t . —Owns from Oregom
111., Pi St. Paul, Minn., 318 mile*; Fulton to Savanna, 111., 17 miles;
Axxr.u. Rsrrurr.—Fiscal year changed to end Jane 30.
branches 6 mill's; trackage to Minneapolis, etc., 30 mile*; total. 371
F e a r—
C ross e a rn * .
AVI
O tls rk u .
In !., etc.
B a lm ie r. miles.
Completed Aug., 1886. Jitu. 1, 1895, owned $9,555,600 o f the
1S04 95 . .. .. . $2320,662
#722,203 $4,736 $734,858 def. #27.850 stock. (Sen V, 50, p. 390.)
*803-04....... 2.143,4It
600,917
7,128
7s 1,170 rtef. 107,534
B
i
iniis
.—T lic C. K. A (J, and Chicago St Iowa give a truffle guarantee
In *602-93 grosa.$2,410.208; in IS ® .-02,2.297,825.
for 20 years from '85 o f one-half o f their net earnings derived from bnsi—tV. 38, p. 127, V. 30, p. 28. 331, 878,1000; V. 00. p. 42,130,170, 928, ness to anil from the Northern (to t*e hot less than $100,060 per year)
1008, 1053, n o j. 1145; V. 61, p. 1154; V. 62. p. 40.)
for the retirement of Chicago Burlington A Northern firsts at 105; and
C h ic a g o A t l l e n H i t . —BoAO—Opcratc# from Chicago to St. ifte r March 31,1890, the whole issue tuny tic retired at 105. The
Louis, Kansas C ltr, etc., owning 542 miles and operating In all 843 ! amount o f first* outstanding tin* thus been reduced from $9,000,000
: (n amount !n table. In April, 1896, N ew York Stock Exchange gave
miles, o f winch 110 miles double Track,
$8,241,000 first 5a ns listed.
Bines ■- ‘sot—
Mile*.
B in t* Owned-—
Mile*.
The equipment Lund- were called tor payment at 103 on Feb. 1. 1893,
Joliet to Bast St. Loul*............ 244 Joliet A Chicago—
j and holders given the privilege o f retaining their bonds upon agreeing
Chicago
to
Juliet...................
37
Dwight to Wash, and L m o n ... 90
I to 5 per cent Interest *iml the'w aiving o f the sinking fund provision,
Louisiana A Missouri R iv.—
St. L. Jack. A (71lie Division—
j Funding notes for $230,000 were l«sued tu 1664.
Hioofn! iigTori to 1o u lfrcy......150
Louisiana to Cedar C ity ,...,, 101
r » year 1895 groan $2,005,907; net. #539,437! deficit under interest
. Rood house to Quincy J une.... 3 7 Kao. c ity St. 1,. A Chicago—
Joliet to Ooal City, e t c ,,,,.,.,.. 25 ! Mexico to Kansas C ity.......1 9 2 | tuxes, CU’. . $350,716. In 1894 gross earning# were $1,82*,309; net
Other lin e s ,..,,.. . . ____
8 Mississippi R iver Bridge...........1*3 : #348,430; rentals. $127.546: Interest, $602,475; taxes, #93,822 ; bill
j ante, deficit for year, $335,407. In 1893 gross, $2,301,155; net,
t
Total o f *11 owned and leased 170 lb. «t* A
l
l
,
. *, *. , 843 j $848,070.
H 1ST''a v .--Reorganized in October, 1862, after foreclosure, in 1384
C h ic a g o B u r lin g t o n A Q u in c y R I L - (SeeMap./—BOAtb—Opeconsolidated with the 8t. Louis Jacksonville A Chicago UK,
I rate* a great system o f roads extending from Chicago westerly, reachi
log
St. Paul and Minneapolis, Sliun., St. Louis and Kansas City, Mo.,
’ S tock.—Stock for #2,198,900 was sold to stockholders at ’ 14, to
m lrn $2,383,1)06 o f 7 per cent bonds due January 1, 1803. In August, I Omaha, Neb., Denver, Col., and Cheyenne mid the Black Hills in W y
oming,
Tlic accompanying nmp shows clear!y the lines o f this system.
1303, the complin*’ sold $2,450,200 new stock to stockholders at
Contrail'll—oji.sertarat. lu. U lile*.
114 to retire #2,029,000 7 p er cen t bonds ilae April l , 1804*
Bond o trued <fleased.
Mile*
The Chicago A Alton preferred stock has prior right to a non-cniuma- Chicago to Denver, Col.---- ..1,046 ! Kan. C. St. J. A Conn. Bluttsif—
tlv * dividend not exceedin g? per w rit from net earnings and (after Oilier branches, and leased
Kan. C. to Conn. Bluffs,etc. 310
payment o f 7 on common; also snare* with common to any surplus.
21
lines, practically owned-. ..4,519 I St. Lout* K . A N .\Y...............
Dividends .—4f*r. c t . ) 1381 1882 1883 1884 1.985 to Mar., 1800 Used Jointly with other Co,’ #, 106 i Chico go Burl. A Kan. C ity ... 230
Ilunirstmi & Shcn. iscc below.) 48
common and pref
{ 9
8
8
10
8 yearly (2 quar.)
System proper................... 5,731 Chicago Burl. A Northern___ *1 371
LEASED L inus .—T he’ Kansas Cltp Si. Louis ,i Chicago Is leased in per Second track........................... 297 Hannibal A St. Joseph..........IF 297
petuity from Nov. l, 1877, at rental o f 35 per cent o f gross earning*, Third track............................
30 ! Narrow-gauge...........................109
ft* bonds arc held by the V. 8, Trust Co. as security for Die Chicago
A Alton bonds o f 1878, which have a staking fund on 1805) o f $129,* These properties are reparatcly described in this S o p p l e m e x t .
006 per annum. Cmmno;;
$27 i ,7o0, o f which $157,660 Is owned
1 Of tills mileage 102 w ile * arc already Included In the “ road owned
by the C. A A, JMvideo-:!.-* o f 7 per cent per annum w ere paid on K . 0. and leased,” being operated jointly, and 103 miles are trackage.
St. L. A C, common till Nov. 1, 1994, and then suspended.
Hutsenton A Shenandoah 18 miles, was purchased at foreclosure sale
The Joliet ■£ Qhieugo 1* h-.-vd from January 1,1364, fur the term of Its
Charter, and form * part o f the main line. Rental, 7 per cent on stock. on March 31, 1896. V. 62, p. 635.
OnOANizyrioN, A c.—This was a consolidation in July, 1875, o f the
The ZmiUrntm d Missouri M irer Hit. stop leased in perpetuity, Aug.
1, 187o. Under the agreement o f Nov, 13, 1894, the Alton assumed to Chicago Burlington A Quincy In rilluol* and the Burlington A Missouri
pay, In Hcu of rentals, *11 interest on the firs t and second mortgage River in Iowa, in 1880 the Burlington A Missouri in Nebraska was
bond* and tbeis prineipal when doe, also 7 p. per annum on tin- guar absorbed. The leasod Mae* are practically owned and there is no charge
anteed prcfei red stock* and also to purchase the L A M.K, unguaranteed for rentals in the Income account, except a* Interest on bonds. The
preferred at #79 50 per share and the Common at $10 tier shore. V. ownership In the other road* above-mentioned Is la the stocks and
■9, p. 1067, Unguaranteed preferred stock la $1,010,000 and common I bonds thereof, and their accounts are kept separate.
#2,312.700, neither o f which have ever paid dividend#
In Nov., j L an I i#.—Only 48.820 acres remained unsold Dee. 31,1893; land notes
1895, ail but 396 -hares of unguaranteed preferred and 509 shares of outstanding, Including interest payable, $370,137,
eontmou stock hart been purchased by Chicago A Alton.
The MJmissinpi Riser Bridge 1* leased in perpetuity from Dec, 3,1877, j Ca p i t a l Sto ck .—T h<> stock has been Increased for the acquisition
at 7 p. Si. 00 8300.000 stock (ail owned by C. A A .i and 6 p.o, on bond*. of new lines, and in 1880 a distribution of 20 per cent was made. Stock
tor $5,595,300 was sold at par to stockholders in February, 1893.
7. 59, p. 423; V. 61, p,j* 4
Div id e n d s .-- ) 1881-87 1888 1880 1890 18911892 1S93 1894 1895
G v.ni.r u . F in a n c .-:*.-The Chicago A. Alton Road baa been parP
5
1
5
4 5
5
4%
4
tlsnl.irly strong in having a large local tiu*lne*s bet ween Chicago and ■ er c e n t ........... j 8 yrly.
St. Louis it* leased lines are as Completely controlled as If owned, \ In 1896, Mar., 1 p. c.
B
in
kin
o
F
unds
.—Included,
in
the
bonds
outstanding
in
the
table
and the system is very conservatively managed, no extensions i
above are sundry bonds of the company which are held alive and
having (*cc-i built or new lines acquired o f recent years.
A nnuai> R groirt,— Fiscal year ends Decernber 31* The annual meet- ; drawing Interest lor account of the various sinking funds.
‘ ng 1# held In Chicago the first Monday In April. Annual report for j BoNUS. —The consol, mortgage of 1873 -is for $30,000,000, of which
$1,076,000 reserved to retire a like amount o f Ottawa Oswego A F o x
1 1803 was in V. 62. p. 347, 359, 366.
w
as
*3
f
. k
k AILlKOAD
A pr il . 1896.]
sto ck s
akd
bo n d s.
37
S ab *crlb er» w i l l co n fe r a g rea t fa v o r b y g i v i n g Im m e d ia te n otlee o f a n y e rro r d isco vered in these T a b le s.
nonets—I'rnioi
IN TE RE ST OF DIVIDENDS.
R AILR O AD S .
Miles Date Size, or
Amount Rate per When Where Payable, and by pal, When Due
of
of
Par
For explanation o f column headings, Ac., see notes
Stocks—Last
Outstanding
Cent. Payable
Whom.
Road, Bonds Value.
on first page o f tables.
Dividend.
Chicago B urlington dt Quincy—( Concluded)—
A. & 0.
5
)1S79 $1,000 $2,860,000
CD. Burl. A Q. Iow a Div., 8. f. 5s, drawn at 105.. ) |
4
A. A 0.
i 1879 1,000
8,260,000
Iowa Dlv., a, f. m ortgage48, drawn at 100 c.tr \
4
M. & S.
3,500,000
1881
1,000
Sink, fund 4s ifo rB . A S. W.) drawn at 100. cA r'
4
F.
A A.
1,000
6,240,000
Denverextcn. (collat. tr.) b’ds, s.f. dr'n at 100.C' 415 1881
M. A N.
5
1883
1,000
9,000,000
Cb. Burl. A Q. Debentures for Han. ASt. Jostk.e'
1,471
4
M.
A
N.
1887 l.OOOAe 27,051,000
Nebraska e x t , $20,000 p.m. (s.f..n o td r’n).e*Ar 1
F. & A.
2,320,000
5
121 1895
i.ooo
Chicago A Iowa D lv,, collat trust................ e
51.
&
S.
5
1890-2 100 Ac. 15,263.900
Convertible debentures (See remarks)...........<r
49 1871
J. A D.
669,000
1,000
8
Omaha A S. W „ 1st mortgage, guaranteed........o '
A. A 0.
349,000
7
1,000
Nebraska Railway consolidated mort, guar— . .c 132 1877
J. A J.
7,894,000
6
i 1878 600 Ac.
B.A Mo.BR. InNeb. j Land grant, a. f.t dr. at 100 (
J. A J.
6
5,000,000
11S7S 600 Ac.
Con-SIS14000000 >_Exempt, not dr'n till 19081
....
1,000
3,347,000
4
J. A J.
1880
Burl. A Mo. K R.m N eb.,8.1 for At.AXeb.RR.st’ k.,
90 1879 600 Ac.
J. A J.
Rep-Val. R .,l*t M.g.,fdr.at lOO)8.f.,$l.1,000yrij-.c
1,073,400
6
70 1870
J. A J.
1,000
1.076.000
8
Ottawa Oswego A F o x R iver. 1st m ortgage----c"
1,125,000
7
A 8.
Atom A Neb., 1st M., At. to Lin., Neb., etc., guar.e- 148 1878 100 Ac.
J. A D.
14$ 1887
See text.
2d mort. oa Audi. A Neb. RR. (1st M. on lirldge)
6
J. A J.
600,000
73 1880
1,000
7
Linc’n A N .W .B R .latM . guar., s.L lp .c., not dr'n.,
F. & A.
....
1890
See text.
6
0. B. d Q. System—St. L. Keokuk A .V. IT. 1st M ...
100
6,197,800
Okie. * Bast. Illin o is—Com. stock ($15,000 p. mile).
100
4,830,700 See text. Q .-J .
Preferred stock, 6 per cent ($10,900 per m ile)....
J. A IJ.
107 1S77 100 Ac.
2,989,000
6
1st mort. (s. f. $20,000, no drawings)................ o'
7 1SS0
M. A N.
1,000
119.000
6
Danville A Grape Creek RR.—1st M., aasumed..c
J. A D.
1.5 1881
1,000
103.000
6
Extension, 1st m ortgage.................................. o'
127 1884
1,000
2,788,000
6 e. A. A 0.
ConsoL mortgage- (for.$6,000,000),golds. f -----c
1887
1,000
4*2,000
Collateral tni.-i bonds, glnking fund......... ....... c*
6 8- F. A A.
M. A N.
7,393.000
5
General consolidated and first mortgage........ oaf 256 1887 l.OOO&c
J. A J.
1,000
4*626,000
Chle.AInd. Coal—1st M. $25,000p. m., aS9imied.c* 174 1886
5
River guaranteed bonds—the remainder for construction and equip
ment. The consols arc a first mortgage or first collateral lien on 750
miles o f road in Illinois and on Chicago terminal property.
The lom t IHtision bonds are a first mortgage oa the main line in
Town from Burlington to East Piattemoufh on the Mo. R iver, 279 miles,
ami on i t s miles o f branches? they are also a first colla teral! sea on 393
miles a t branches and 86 mliee o f Second track. These bonds have a
sinking fund of l 1* per cent ($203,800) yearly, for which the Is are
to call at 100, the 5 s at 105. The stneie nvdtl line and branches,
covered shun not exceed in the aggregate 900 miles," at $ i (i.O'Hi
per m ile: on second track (of which Jan, 1,1886, there were 80
Bill© T o March 1.1
jultesi may be issued an iwiitit
additional $14,000 per mile.
•*f 4m i l #3.000,1:
«d $ 1 1 ,2 9 5
am«d
then
ftl
,000 o f Si
m fund ■
by
„...
mm a r e
k»#Ii of l* t m*
The Bern
nf maiti tr a c k ", id $ U
(limited to m
400 m
ilm o f........
re* I ... epremmi
end trade! upon abc
.......
w
U&b i , o f which the mo«t Important In that from w w t line, Red Willow
O o tm ly , 2feb., wtmttsrty to D « n ver* 0ol.» 248 B jU ei.
T h e y h a v e a A lo id iig
fond o f 1 per <
The collateral!treat Sthrwtka ejeltewiion bond* o f 1887 { Mow England
Trust o »., o f Miaj»*L* tmabte) are in»ty&id at $20*006 per mil© for single
ami # 10,000 par mile ter iecomS track. A h a lr iir t of cteed V. 45, %k 441,
The Ckmagv J ttmm JWtoWm bond* a ootlaioralfroat, lawful memoy.
5 pet © »!.»„ amtmrlxed to a total im m o f .#2*3ik>,060. They are ,«©eurod
by de|)w>»II with this New Eiiylami Tinm t Go, of Bewtoj*, Mm tr*b»te«, of;
m St Iow a R R Cb. 8
ago A Iowa RIL Co. 8 per ceut mtmwUy iShb.OOO Chb
e&gci Rockford &: Norther** 8 n «r tmtst nrmtM am! $380,000 J o lk t RooktoTil A Northern RR. C*k 7 per cent hrate. Se® V, 60, p. 028.
Burlington d Mo. m St-hrmka m nm l . mortgage of 187$ 1* for
$14,000,000, o f whie h $1*018,000 remrvm1 to retire in 1800 Onuiha &
§. W .am i Metmmka H;aii way
thm oniLr prior Ibspa. The m o t tarage
rover* 62$ mlie® in M©braaka, in^Iading Mli« * from Omaha via -Oreo po
tin to tim m l 1
Iftcoin via Elawitsubi %o Amtmy. and
Not
via Boatric® )to Cr®t®«.etc* O f th# couaote outatandltig all ©xceiill the
f emmpi
» call fo r the utekfoir fuo i at
part I
staid
abovem
Jftehixwi *£ SeBt&$k■a treemd mo
Imtonl as*I in Decembf
the intereet 1mnot inelindeti 1III €. B.
Th® 5 m r emu debenkarm « f 1890 at any time prior to I><mmtM©r l , is
Set: teftn* o ft o a r m it * 1
» Oli page 2 «
Many o f m
S
!
% m a tu rity
v a rfo n * iwtpe** p in
0 kK E H a t* 9mm'AjiCisa.-—
AM
Th® Chteawf# ®nrlj•W W f *
&m been or*
btunche* trlt
territory. O
by It,
<?aj
‘in the aprii
8547gWM> we
ivy
t«jr Railroad
fh*. mwoi' bn® w®r»' no
ugtlcuUnral
«*n« of tb**. pftefd paj art. lrl#»w *>ArrU-,1
iul |}f which
of 1800 ft:*8O0,OOO m n m l
or plain bond# paid Jan 1, l
bats# ftKr w i
pr 502, Mn*
pefnted ©8 r«
thl* will f»c d
*.i ti
a {te© a i 188
v m
for ; $**l *<tilted E iit »'>*ruf $1 JMMI,Osk> miygtit to !m&Kt
lit Mock at%4 !>tliidi»ir* to p fit them \n me*A ’k'timtw* itml
>ffrrndnmtlf whem haminmm Itfin e I* 1805,
g fond 5* o f 1 875 matured
d. in April,
having been
’$■Stobtmk*
iM»rni
jte* o fu ew road, in May* I $05, were mhit the $2,320,-
lo t f84o, f*:*f
S te e . 1.
\?. 0 i, p i i m .
From Jan, 1 to Fel
18 9 3 . f 1.0 C i
ImhmnI m 3 9 5
0 # C h fca g o
L ate st E j
incladisg lit
urn earnings,
Uftlttnre.
(Jkttrge*..
Set,
def .$44,842
$ 1 .7 li,l5 8
;f 1*760*000
1,745,000
d o t 397,047
iit'S y .. 4
440
1M M $%
AJfifi?AL Rgi'Ogt.
j m r m & » D#e. 3 1. Annnai i« p•©ting N held
ntthlU hed at muoh
the third Wwi mlmy in May. Jtejmrt for 18O*
le n g th in th e
iROwrci.r., S. 63. p. ooo. 671>. 683. T lif o,
the ayttefn ptop^t,
“r, not inciadlng th© Unc* ccujtrolicd. have S»*«4ij) :
timrenrf,
SI— 1805.
1894.
1892.
1803.
5,500
M iles o p e ra te d
5,558
5,730
5,730
To, $trnm earn.*. 24*874* 102 $24.867,132 $31,042,060 $33,002*304
16,710,530
10/28 4*066
21*224,504
22*489*011
r.
2 M t
O'
1 8 9 6 ,.. $5,14*2*02
m l
$0,818,465 $10333,363
*8,163,653
$-..383,666
67-18
66-02
44$’37
88*08
The coTOpany* * inemne account* Including the receipt© a,mi di.bumc-
9* e, op-, ox, t«>e.
m ««t* o n aeeo tt
1894.
$9
18 9 3 .
18 ,4 6 5
1892.
*10,533,383
i, 281,818
M«$ eeminga.... $8,163,65 3
Inf. St exeh'ge.. 1,915,262
H.AHt. J. ex. dlv. 400,188
Net B. AM . 1. gr.
41*373
$ 8 ,3 * 3 ,0 6 6
1^938,852
7 3 ,5 2 8
DM,422
188.672
Total income *10,610,470
*10.303.444
*11,607,079
#12,003,773
1 ,771,062
N.Y., Bk.of Com.A Bost.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Boston, Co.’s Office.
do
do
Boston, Bk. of Com’ree.
do
do
do
do
Boston, Bk. of Com’rce.
N.Y., F.L.&T.Co.tfc Bost.
Boston, Bk. of Com’ rce.
Boston.
Boston, Co.’s Office.
Boston, C. B. A Q. office
Oet.
Oot.
Sept.
Eeb.
M ay
M ay
Feb.
Sept.
June
Oct.
July
July
Jan.
July
July
Moll.
Dec.
Jan.
Feb.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1.
1.
1,
1919
1919
1921
1922
1913
1927
1905
1903
1896
1896
1918
1918
1910
1919
1900
1908
1927
1910
1930
N.Y., Hanover Nat. B'k
N.Y.,4tl) Nat.Bk, A Bost.
Boston. Globe Nat, Bk.
N. Y., Fourth Nat. Bank.
N. \ C e n t r a l Trust Co.
do
do
do
do
N. Y „ Met. Trust Co.
Apr.
Dec.
M ay
Deo.
Oct,
Feb.
Nov.
Jan.
1,
1,
1,
1,
1,
1.
1,
1,
1896
1907
1920
1931
1934
1912
1937
1936
1893.
1892.
1895.
IS 04.
$264,971
Rentals paid___ $229,860
$310,260
$314,573
Interest oudebt 6,572,627
6,492,429
6,538,911
6,113,738
; Dividends...... (4) 3,280.108<4%>3,895,128 (5) 3,960,252 (5) 3,819,922
765,090
765,186
|Car. to slnk’g Td.
760,242
773,337
i
j Balance... l e t $232,36'2def.$l ,030,471 sur.$1*23,466 sur,$990,354
|
I —IV. 60. p. JJ 6 3 3 , 65 1, 656l 6 6 6 , 873, 928, 1057, i i o j ; V. 62, p, y<?,
185, 501, 633 6 60, 079, 685
C lileaait) 4 E a s t e r n f l i t n o Ka U K ,-—(See M op.)-—Operates road
(double track to Danville, 106 mlle^o from Chicago, 111,, to Terre Haute,
lad., ami the bituminous coal Helds, (ITSee ting 00.)
Dolton to Shelby vide. 111..........199
I L i l l © to SidclI. Ill ............ 34
Momeaee to I ml. State Hue—
dune. Oblc. A I ml. Con! B y ... 11
Clasna June, to Ci**ua P a rk ... 11
Chic,A I ndlii urnCoal 1)1v..Brazil
. . .
D o u b le track., ,******«. «*#*.«*..•..* rob
Evans. T. H. & Chic. RE.. Dan
ville. to Otter Creek June. IT.. 49
Ind. Block Coal RR., Otter
Creek Juno, to Brazil, Ind___ 13
Trackage, etc.
Otter Creek Junc. to Terre H .. 6
Dolton to Chicago* Ch.&W. ind. 17
Total operated June 30, *95..522
BisToiti*, L kask -c &c.—Reorganized under existing title September
1.1877, On J o -e 6, 189 i, form ally oonaolldatod w 1th the Chicago <fe
Indiana Coal RR. see V. 58, p. 987. Also o t iw ©otitrol of E vansville
Terre Haute <& Chicago RR. and 81,000,000 stock o f the Chicago &
Western Indiana—which *ee, having nil the local traffic o f the latter
road from Dolton into Chicago. In January, 1890, a ten-year traffic
contract w p made with the Kvau*vUl© A Terre Haute for the opera,
tion o f » through line between Chicago and Evansville. V, 55, p. 995 *
C a p i t a l 8 t *> IK*—The common ©took i* entitled to all surplus after 6
! per cent on thi ^referred stock. In addition to the amounts outatand1 lug In the tabb , 82,158,84)0 common and $407,100 preferred were held
In th e com pan. r*R ttm M Utr June SO,1895.
ip
'00
'9 1
*92«t95
:l i t s
'9 6
6 yearly
b e lo w ,
Uti pref. » P*
4%
I Th
In 1806, Jan,, m P*■r e.€
B ourn. O OahaiiTi ty
im the. initem*t on Ev’auv
ioipany} and inter**-t on
Tin get
|‘ .ompnoy) provide for tl
[ for iaiue o f bond: on men
also for bond* for • 4uipm
; A p ril, 1H
-The China fo vV Eastern fUinois guara
I©T e rre Ha ute A Chicago insu -- (atm that
;age o f 1887 (trustee. Central T rin t
nmti o f #6,042,000 prior bonds and
i #16,000 per mile for single track
at f 7 ,000 per mile and for double track at
| #8,000 p e r tiitSe. Th<
i first mortgage on 124 miles o f road,
including the line from Ro< iv llle 1la Bidell to Shelby ville, e t®., also on
I'd III pmcut valued at $2,35 ,000, * ml upon real estate in Chicago costI lug over #i,2iK*,000. They ■m cover 106 mile* o f double track from
i Danville to Ibilton. III., am ;st o f property subject to prior liens.
{ Chicago it l m l mnn Coni f ■l mortgage, o f 1886 (trustees. Metropolitan
B. B F. Fierce} is for $1,000,000 on road from
Trust
Vcddo to Brail 1i and $25,000 per milt* ($7,000 of this for ©tpilpmeiit)
coml
for extensions; ftBCO
tl track, $8,000 per ihfl.©. The bonds have been
assumed by the «0, A K.
i L
Qmt&MAh Fis a
—This company owns most o f the. capital stock
of the BnuAl Bi oefe (. oal Co., and earri*** itll its coal. I t carries also
the cool of the 0 rape Creek region. It has bought within 4 few years
terminal property In Chleago worth over $1 ,200,000 On June 30,
1805, p ayro ll* and eu rent accounts were $313,213; “ other liabilities,”
$394,419. Cawh on h uid. $121,863; bills receivable. 298,611.
E a h n iw s .—From J dy 1 to
ember 31 earnings w ere:
Grew*.
Set
Sur.oeer eh’yes
. .. . . . . . . .$2,137,603
$965,436
$349,350
728,019
135,044
j 1 8 9 4 *a... .. ............... 1,931,683
AMWtfAh R e p o r t , -Fiscal year ends June SO. Annual meeting is held
in Chicago on tl first Wednesday in June, The annual report for
1891 95 w; 'In V. 01, p. 609. The company receives low rates for its
freight, tk rate per ton per mile in 1891*95 being 59' 100 o f a cent,
a.gainst 08 100 in 1893-91 and 59*100 o f a cent in 1892-93. Of the
traffic about 04 per nit In year 1893-94 1 1 coal,
1892.
1894,
1893.
1895
Year end. June 30.
480
480
516
M ile s operated .
tiro-* earning*.......*3.667,80*9 $3,860,115 $4,446,959 $3,775,546
Oper. exp. & ta x es ... 2,508,371
2,409,710
2,990,314
2,503,523
Net rnirnluv,......... *1,1,89.498 $1,450,405 $1,456,644 $1,272,023
(06-30)
(07-24)
(62-43)
P. 4?. op. ex. to earn*,. (W8‘38)
.Vetfiocl.otl). income). *1,329,151 $1,570,092 $1,523,386 $1,340,987
837,340
913,016
942,788
Interest p a id ............
982,901
221,071
210,655
238.756
R en ta l,.....................
234,959
(6)
283,986
(6)
283,986
(0)
286,911
Oiv, on pref. .took . , (6) 289,842
Hal ftnee................. def.$158,551 ar,$107,634 gr.$105,313 mjr. $9,006
- ( V . 58, p .9 8 7 ; V. 59, p, 6 4 7 ; V,60, p. 480i V. 61, p. 609.)
38
INYESTORS’ SUPPLEMENT
[V o u LX1I,
A p r il , 1886]
RAILROAD STOCKS AND BONDS-
39
CHICAGO GREAT WESTERN
RAILWAY.
2
In n ie tJ
Duluth
;roic Cy.
L jfifld j
P. JCHIC-
Harquetl
A s h la n d J u n e
jKlHiborly
Middle <4 /
, River *C, j
bGordon
/
jBuueraut
oyalioa
'"S u p e r io r ,I«
.C h ic a g o J<£
Rhinelander
^Philips
Moaico
'Cambridge
'a ylo rT al
’Moattee’Oo1
Merrfl]
fe&ford
Bloomer
iWaasati
3£inni4tmMdt L-,
'Chippewa Falls
Stevens Bt.
‘F t . H o w a r d j
HertfUo]
a
h“e a ’^ o u d «<i
t>'er*tinfcnd
iwo*0*lJ?
CrjasMiJ
(ranallaplds^^.
« Tfln-Cltf
&#»**«• /
>m.%h j r
&OOG£ CE
i
UCmjiV- DougUi
,aAjfkid
Vr
Ukhonij
dhteine
JCenoehL
tXaay*x-Ito
Clinton
JPulloa
dioa
AfALtfft
.Tspi^n
i w * .
L *>e«#*am
t N'‘*N j|8n»ii
'Iq BKALOOSj
Amboy
Joliet,
i*est|KjrL
SduseMme
[«g$Of!Li
J iu la
m m
Kmpmt,t <
■ •■
'l.fi >y*>
tint ta x
Oto»*h*V
uptflyn.
in eo j
JOSCfH
I& I&
Mobcrtj
JAViHWOR
Ceniml!
lexica
owllogv
Green \
\ife5
\%
ffiinkham
Tmdalia
ms
fbn&atiBt
»
Gilmore
lOlney
40
INVESTORS’ SUPPLEMENT.
[VOL. LX II.
S iib *crlb c *r* w i l l c o n f e r a jrre a t f a v o r by g i v i n g flliiim e d la t e n o tice o f a n y e r r o r d is c o v e re d in tliese T a b le s .
Bonds—Princi
IN
I RE ST OR DIVIDENDS.
INTE
RAILRO AD S.
Miles Date Size, or
pal,'When Deo.
Amount
When
Where
Payable,
and
by
Rate
per
of
Par
Stocks—Last
For explanation of column headings, Ac., see notes of
Outstanding
Whom.
Cent. Payable
Dividend.
Road. Bonds Value.
on first page o f tables.
Chicago d* Erie—Stock (all held by E rie)................
1 st M., gold, Interest guar, till principal is paid, .c* 249 1890
249 1890
Income bonds for $10,000,000 5 p. c. non-cum...
1888
Terminal 1st mortgage, gold................................
1891
Chicago Fort Madison rf Des Moines—1st mort.,gold
Chicago A Grand Trunk—Stock......................
66 1880
Northwest Grand Trunk., 1st mortgage......
1 st mortgage for $6 ,000,000, $ & £, g o ld ...... c.fcr 327 1880
2d mortgage, gold.......................................... c*«fer 327 1882
Ch.Gt. West.—C.St.P.AK.C.nr.loan.red.at 105.a88um 815 1889
....
Debenture stock, $15,000,000, guar. 4 per cent..
Debe nture scrip (see te x t)...................................
Pref. stock A, 5 per cent, gold, $i 5,000,000.......
Pref. stock B, 4 per cent $10,600,000..................
Common stock, $30,000,000...............................
C. St. P. A K. C. equip, lease warrants, assumed.
1890
Notes, £200,000...................................................
Chic. June. Rys. t£- lTn. Stk. Yard—See Miscellan EOUS COMPA
45
Chic. Kalamazoo & Saginaw—8took ($2,000,000 au.)
1895
1st M., $225,000, gold, subject to call at 103...c*
Chicago Milwaukee <£St. Paul—Common stock......
....
Preferred stock 7 per cent yearly, not cumulative. . . . .
Milwaukee & St. Paul loans..............................
1867
230
Iowa A Minn. 1st M. convert, into pf. stock..c*
Prairie du Cliien 1st M. (Mil. to Pr. du Chion) .c* 195 1868
2d mortgage, convertible into pref. stock ..c* 195 1868
Iowa A Dakota 1st M., conv. into pref. stock. .*c 126 1869
R iver Div. (8t.P.AC.) Is tM . con. intopf.stk.g.c* 129 1872
....
Hastings A Dakota 1st M., conv. into pref. st’k . . . .
$100
$100,000
1,000
1 2 ,000,000
5 g.
l.OOO&o 10,000,000
Mostly
300,000
5 g.
1,000
1,313,000
5 g.
100
6,600,000
500AC.
546.000
6
£100 &c
5,454,000
o gl.OOO&e
6,000,000
5
......
2.823,150
5 g.
100
13,288,000 4 per an.
See text.
No int’st
100 11,145,600
100
7,444,190
100
20,809,045
1,313,858
7
£130,000
6
M. A N. N ew York, Erie RR.
owned by Erie HR.
J. A J.
J. P. Morgan A Co.
J. A J.
N. Y . Agency, Bk. of
Montreal ALondon.
N. Y., Bk. o f Montreal.
N.Y.,Lon. A Amsterdam
London,R.Benson A Co.
M’ thly.
i,ooo
1,000
1,000
1,000
$& £
......
C h ic a g o & E r ie R R . —ftfee Map E ricR R .)—Owns from Marion, O.,
to Hammond, Ind., 249 miles, and leases trackage over Chicago A
Western Indiana to Ohioago, 20 miles.
H i s t o r y .— Under the Erie reorganization plan Chicago A Erie is
practically merged into the new Erie RR. company. The firsts are left
uudisturbed. The incomes receive par in Erie new second preferred
stock.
Bonds.—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 of that company’s stock and $240,000
stock o f Chicago Belt Ry. See full abstracts o f mortgages in V. 51, p.
911 to 913.—(V. 55, p. 331, 941; V. 57, p. 936; V. 59, p. 781, 965; V.
61, p. 559, 750.)
C h ic a g o F o r t lU a d ig o n «fc D c s ITIolnes R y .—Road completed
from Fort Madison to Ottumwa, la., 71 miles, in December, 1892.
Capital stock June 30, 1895—authorized, $5,000,000; outstanding
$1,970,200; par, $100; the funded debt was $1,354,925, of which
$41,925 was income bonds; current liabilities were $23,858. fn year
ending June 30, 1895, gross, $91,809; net, $32,614. Charges, $69,490.
Balance deficit, $36,876. In 1893-94, gross, $88,884; net, $34,195.
C h ic a g o 6c G r a n d T ru n k : R y . —Owns from Port Huron, Mich., to
Elsdon, 326 miles; leases Grand Trunk Junotion Railroad, 4 miles, and
trackage Chicago A West. Indiana, 5 miles; total, 335 miles. Stock,
$6,600,000 in
$100 shares.
The Grand Trunk of Canada
gives a traffic guarantee of 30 per cent o f gross earnings. Third
mortgage for $6,000,000 was authorized in April, 1893, but w ill not be
issued to the public. On Jan. 1,1895, bills payable were $80,100; int.
due Jan. 1, $223,499; sundry outstanding accounts and wages, $1,742,883, .against which the company had cash $110,622; “ sundry
assets,” $417,704, and outstanding traffic balance, $129,322.
E ar n in g s .— (2 mos.), > 1896.............Gross, $515,318; net, $28,644
Jan. 1 to Feb. 29.
$1895............. Gross, 378,719; def., 9,713
Jan. 1 to Nov. 30, 1895 (11 months), gross, $2,529,746; net, $85,627.
For year ending Dec. 31, 1894, gross earnings were $2,731,749; net,
$15,988: interest on bonds, $660,000; rentals, etc.. $228,827; balance,
deficit, $872,839, o f which $660,000 was paid by Grand Trunk o f Can
ada under traffic agreement; deficit carried forward, $212,839. In
1893 gross, $4,181,733.; net, $843,425. (V. 60, p. 794.)
C h ic a g o G re a t W e s t e r n R v . —fSee M ap.)— Road.—Operates and
owns by deed the Chicago St. Paul A Kansas City Ry., which extends as
follow s: Main lines (all steel) Chicago to St. Paul and St. Joseph, 690
miles; Hayfield to Manley Junction, 47 miles; branches—Sumner to
Hampton, 64 m iles; to coal mines, Ac.,in Iowa, 10Lj miles; other, 4
m iles; total owned, 815 miles; and leases—St. Paul to Minneapolis, 10*e
miles; Chicago terminals, 10 miles; Dubuque to Aiken, 16 miles; Des
Moines terminals, 2*70 m iles: Leavenworth to Kansas City, 44% miles*
Sycamore to DeKalb, 111., 5*86 miles; total leased, 89 miles. Also owns
in fee. Bee Creek to Beverly, 23 miles. Total operated. 927 miles The
De Kalb A Gt. Western from De Kalb, 111., to Sycamore (Chic. Gt W )
6 miles, was built in 1895 in interest of Chic. Gt, Western. The Leaven
worth Terminal Ry. A Bridge Co.’ s bridge is used into Leavenworth.
. . H isto r y
1he Chicago 8t. Paul A Kansas Citv was organized in
May, 1886. and in December, 1887, merged with Minnesota A North
western, chartered m 1854. First mortgage coupons, Jan. 1 , 1890
to July 1, 1892, inclusive, were funded into priority loau for $2 823 150. In August, 1892, reorganized per plan. Vol. 55. n 856 Each
$P
° V $500
n , « 1Sir
- * N- stock
a,ncl
C,'“$600
- St- P* “K.A ”C.stock.
first mort. bonds was
given
debenture
and
pref.
$450,000
225,000
6 g.
46,027,261 See text.
26,594,900 7 x>er an.
2,361,000
3,674,000
1,140,000
465,000
3,796,500
89,000
7
8
7*3
7
7 g7
.ttm.
Jan.
Jan.
Jan.
Jan.
1,
1,
1,
1,
15,
1910
1900
1922
1934
1896
1895-1901
1901
NIES.
100
1,000
100
100
M ay 1, 1982
Oct. 1, 1982
July, 1918
1911
A D. Detroit, Union Tr. Co.
A O. N. Y., Office 42 Wall St.
A O.
do
do
do
do
A J.
do
do
A A.
do
do
A A.
do
do
A J.
do
do
A J. London and N ew York.
A J. N. Y. Office. 42 W all St.
Dec. 1, 1900
Apr. 20,1896
Apr. 20,1896
July
Feb.
Feb.
July
Jan.
Jan.
1,
1,
1,
1,
1,
1,
1897
1898
1898
1899
1902
1903
at 80 p. c. Stockholders so subscribing to receive their interest and
dividends in cash; those not subscribing 10 receive int. and diva, in
debenture scrip until 1 2 ^ p. c. o f their holdings has been so received.
The poor results for the year 1894-95 necessitates the making of a
year’s loan of $350,000. In January, 1896, the company needed
$1,179,038 for early work and improvements, and to secure $675,000
of this was issuing promissory n otes; total issue £ 200,000. (V. 62, p.
319.) Debentures 4s for $1,000,000 are in the treasury unappropriated^
but at present prices it is not thought best to sell them.
Dividends.—The company paid one year’s interest on debenture stock
in cash to holders subscribing and in debenture scrip to non-subscribers
on July 15, 1894; in 1895, 4 p. c.; in 1896, Jan., 2 p. c.
No dividend on preferred A had been paid to January, 1896.
F loating Debt.—On June 30,1895, bills payable $154,164. Deben
ture scrip for $928,841 is issuable in payment o f interest and divi
dends, as they mature, to holders who did not subscribe as above.
L atest Earnings.—Jan. 1 to Mar. 31, 1896 (3 months), gross, $1,190,102, against $779,258 in 1895. For the half-year ending Dec.
31, 1895, as follow s:
Net
Gi'oss
A ll
Balance,
6 mos. to Dec. 31. earnings.
earnings.
charges.
sur. o r def.
1895.....................$2,378,385
$706,149
$612,091
sur.$94,058
1894..................... 1,963,050
500,752
590,071
def. 89,319
A nnual R e p o r t .—Fiscal ye; ? ends June 30. Report fo r 1894-95
was in V. 61, p 555, showing:
Year ending June 30.
1895.
1894.
1893.
average mileage owned and ope d
922
922
922
Total gross earnings..................... $3,636,098 $4,011,710 $5,083,014
Operating expenses and ta x es... 2,936,749
3,002,897
4,063,175
N et income..............................
Interest........................................
Rentals........................................
$699,349
$621,296
448,616
$1,008,812 $1,019,839
545,823
524,014
454,963
480,312
Balance.................................def.$370,563 sur.$8,026 suT. 15,513
O f f ic e r s —A. B. Stickney, President, St. Paul, Minn. N ew York
Transfer office, 18 W all St. (V. 59, p. 4 70; Y. 60, p. 928, 1057, 1144;
V. 61, p. 555; V. 62, p. 185, 319.)
C h ic a g o K a l a m a z o o «fc S a g i n a w R y , —Projected from K a la
mazoo, Mich., to Saginaw, Mich., 125 miles, o f which 45 miles.
Kalamazoo to Woodbury, in operation. In December, 1895, $450,000
stock v as outstanding. The first mortgage is for $225,000 to Union
Trust Co. o f Detroit, as trustee, and covers 44 miles o f road. The
bonds are subject to call at any interest period upon “ payment o f an
amount equal to six months’ interest on said bonds as a premium for
such payment.” In 1893 gross, $53,514; net, $18,450.—V. 61, p. 1063.
C h ic a g o M i lw a u k e e <fc St. P a u l R y , —(See Map.)—Operates
from Chicago westerly to Omaha, Neb., and Kansas, City. Mo., with
lines, traversing Wisconsin, Minnesota and the Dakotas, including:—
Road.
Miles.
Road.
Mites.
Lines owned (of which 9
Trackage..............................
62
miles owned join tly) in
2nd A 3rd tracks.................. 215
cluding Milw. A Northern,
Controlled, oper. separately.
426 miles........................... 6,169 Des M. No. A Western....................150
H istory, Ac.—The Milwaukee A St. Paul RR. Co. was organized May
Organization.—On Sept. 7, 1893, the company having become the 5,1863, and on Feb. 11, 1874, took its present name. The system has
owner of over 9/ per cent of the 1 st mortgage bonds and over 99 per since been greatly extended by the construction and acquisition of
cent of the general mortgage bonds, acquired by deed the title of the other lines. The stock of the Milwaukee A Northern was acquired in
Chicago St. Paul & Kansas Citv Ry. (815 67 miles), subject to the September, 1890, in exchange for common stock, and in Sept., 1893,
mortgages, the bonds which it owns being kept alive. It also acquired the sale of the M. A N. to the St. Paul was ratified. In August, 1894,
the title totheLeav. A St. Joseph Ry. (23m ile s ).w M c h is ^ e n c u X re d a controlling interest in the Des Moines Northern A Western had been
Securities.—See full particulars in V. 55, p. 856; for amount of old acquired. The road w ill be operated separately. Y. 59, p. 228.
Capital Stocks.—The preferred stock has a prior right over the
are resM-ved!
G l f e o ' f ' 1895'
WUcl1 » 6W
stock common stock to a dividend o f not over 7 per cent from net earnings in
Vhe holders of debenture and preferred A stock appoint tile finance each year, but if not earned it has no cumulative right. A fte r payment
committee, which exercises general supervision of the company's j f 7 per cent on preferred and 7 on common, both classes share pro rata.
finances. Additional securities o f said issues can he put out, but mdy Common stock authorized, $47,062,560. Preferred stock on July 1,
with con sent of a majority of both said classes of stock present at > i S
1889, was $21,610,900, and it has been increased to present figures by
lug. Securities of other issues having a lien prior to preferred -V can be exchange of convertible bonds for stock. On July 1, 1894, $25,672,created, but only with consent o f two-thirds of both classes The sev 500 prior lien bonds outstanding were exchangeable for preferred.
eral classes in ease of liquidation will have principal paid In io ld ac
cording to their nr oritv rlidit to
1
paiu in gout, ac- Divs. since 1888.) 1889. 1890. 1891. 1892. 1893. 1894. 1895. 1896.
On preferred. > 0
0
0
2
4
2 2 ? , ,
Debentnre stock outstanding June 30.' 1895, on winch dividends
On common. ) 4 1? 7
7
7
7
7 7 5 below.
are payable in cash, $7,887,300; in scrip, $3,560,300; “ et ilsimble
Tu 1896 on common, A pril, 2 p. c.; on preferred, April, 3 l2 p. c.
x? v C*oianf'° b)r '
P- *feK, V. first mortgage bonds $194 060 ' On
N. Y Stock Exchange in April, 1890, $13.2^8.000 debenturestock baS Common stock semi-annual dividend dun'in April, 1895. was reduced
been listed. Preferred stock A on which dividends arc n avihle in e-Lo from 2 p. c. paid since 1893 to 1 p. c., but in April, 1896, the usual 2
$0,500,000; in scrip, $4,639,600; Issuable for first mort. bonds $232 800’ p. c. was paid.—(V. 60, p. 480; V. 62, p. 50-.)
-Abstracts of some o f the principal mortgages were pub
Debenture Scrip.—Outstanding June 30,1895, $73,436; issuable in „ Bonds.—
payment of interest, as it matures, on debenture stock, $777 905 The lished in the Ch r o n icle , V. 45, pp. 85, 114, 144, 2 12 , and V. 48, p. 830,
scrip bears no interest.
1 v ' , 000. rue
The follow ing bonds are convertible into preferred stock at any time
General. Finances.—In April, 1894, debenture stockholders and within ten days after a dividend shall have been declared and become
preferred “ A ” stockholders were asked to subscribe in the amount of payable on the preferred: Iow a & Minnesota 7s, due 1897, Prairie du
1 2 ia p. c. o f their holdings o f these stocks to additional debenture stock Cfiien 2ds, Iow a & Dakota 7s, Iow a & Dakota Extension 7s, R iver
Division is, Chicago & Milwaukee 7s o f 1903, Hasting & Dakota 7s of
iitmarck wowryirwri
„ Q\0’*
Ul>miim > n„tr<m
i-J-s neaV. X
A
f
CDGCtYij
~£G»gebUZ.
o l’eliciN^Rapl d«
I - « " » T“sS s r
Swilbock /U
Heines V1
OMANNWQ j
Q.nUuWgc^
Klor^al
litlW
c U r'* »»tr i
[E U R E K A
1
HlUavlew
^oRelgsudt
IR O N
Blackley*
SpooaerJ
|
L .Erederick
v
^
< tZ ^ l£ *c ,0
V ; OOWOLEgi
'| q I o Beaa
yTaylor
[Orton V.V
ELLIS JCJ
Batumi
BcttVcrj
Xltcfc field
OCONTO J C J
UVeUett
d
jOVrX:
AU C L A I R E
kt.8ul)y
".a,
CHA«8e#.
,;> v j»W Y
BonHIa
IiC<l Cioufl
I*t, i’!]oWjjHQtii
Bt-»•«(«,,
WolseytfVirciil
4
Js’tflesl
^Saranorl
V 7 ? N i? o
WOONSOCKET*
| to NIC AGO
1 VX £ \
[t*r»o HeadC
MIL. L, m * ;
iCmvmhd
Cjia^ \
«5 S |
4teb
3Hnoltlam,
-Al?<>npv °
V rA J °z.
edei»N^,
°«uu ii)ijta
M AP OP TH E
Y J
CHICAGO, MILWATTKEE
® ST. PAUL RAILWAY
^ X ^ O .ie s
M ile s
8k e^Ot v
tu
>Uona X*k#
unnin G
O^oU Cl
l0u* city
X!rejglitoo>i
Xftpt* IX.Jr.
It ulTOn \
QOMtT.
Albion
Sidney
BLUFF'S!
OlTMtiG®
d CMfc^y
Stoiiiij)
'ClAri^*
JXoHlrej
Maff-rtile
Akron’
,ne»»;
O&erlln
BOOK
Kit Oa«rotT
uMtcm
.u k wl TOT..-
fer«R £N
'fSiitt
a
In O p e r a t l o n . s s % Y ^
BoJyoj
4 < * * * X ’ U* “ ?
Oakley
K ANK A
I ‘2
INVESTORS’ SUPPLEMENT.
[v o l . l x i i .
Bonds—PrinoL
IN TE R E S T OR D IVID E ND S.
_________________RAILRO AD S.__________________
pal, When Duer
Miles Date Size, or
Amount
When Where Payable and bY Stocks—Last
Par 1Outstanding
Rate
of
For explanation of column headings, &c., sec notes of
Value.
Payable
Per
cent.
Whom.
Bonds.
Dividend.
Road.
on first page o f tables.
Chicago Milwaukee it- St. P a u l—( Concluded)—
Wile. A MU. 1st mort. (oonv. Into pref. stock)..o'
Chicago Milwaukee A St. Paul loans—
1873
$1,000
$3,393,000
7
J. & J. N. Y., Office, 42 W all St. Jan. 1, 1903
1,435 1874
Consol, mort., oonv. Into pref. stock............. o 1,435 1875
1. A I). Ext. 1st M.. convert, into pref. stock.o*. 335 1878
8. IV. Div. 1st mortgage Western Union R R ..e* 2 12 1879
419 1880
8o. Minnesota I)iv. 1st m ortgage................... c*
133 1880
Mineral Point Division 1st mortgage............o*
Hast. A Dak. Div., extension, 1st mortgage..o* 395 1880
do
do
do
c* 395 1880
185 1879
Lacrosse A Dav. Div. 1st mortgage...............c '
Wiso.Val.RR.Co. IstM., Tomah to Merrill, Wis.c 107 1879
Wis. VaL D iv .ls t M. o f 1880, s. f., not dr’ n.o* 161 1880
Dub. Div.(Ch. CL D.AM.) IstM ., s. L.notdr’n.o* 351 1880
120 1880
Chic. A Pac. Div. 1st M. (Chic, to K ittredge)..e"
1,117 1881
68 1881
Cliio. A Lake Superior Div. 1st mort., gold ...o'
230 1881
119 1883
1884
Ch. MU. A St. P. Terminal mortgage, gold....... o*
159 1886
Dakota A Great Southern 1st mortgage, gold----77 1886
Chicago A Missouri R iver Div. 1st mortgage. ..0"
Inc. M.,convert., s. f . $80,000yearly (dr. atl05)o'' 525 1886
Gen. mort. (for $150,000,000), gold Series A.cLtr 5,722 1889
Mllw. A North'n 1st mort,, Schwarz.to Gr. Bay..c* 126 1880
Con. M.(.$17,000 n.m.Klst M. north of Gr.Bay.o* 362 1884
Ohlcugo <£ northern Pacific—
10 1886
Chicago A Great Western IstM . gold...............o'
City of Chicago purchase money mortgage.........
65% 1890
1,000
1,000
1,000
1,000
1,000
i.o o o
1,000
1,000
1,000
500
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
186,000
11,299,000
3,505,000
4,000,000
7,432,000
2,840,000
5,680,000
990,000
2,500,000
1,106,500
2,291,000
6,565,000
3,000,000
25,340,000
1,360,000
4,755,000
1,250,000
4,748,000
2,856,000
3,083,000
1,440,000
See text.
2,155,000
5,092,000
7
7
7
6
6
5
7
5
5
7
6
6
6
5
5
5
6
5
5
5
5
4
6
6
J. A J.
j . <fc J.
j . &, J.
.1. 6c J.
83
1,000
1,000
1903 and Ch. MU. A St. P. consols o f 1875. The consols of 1874 also
are convertible into preferred within 15 days after dividend day. The
convertible bonds were fully described in Su p pl e m e n t for Mar. ’93, p. 2.
Chicago <£ P a cific Western D ivision 1st 5s were issued at $20,000
er mile for road, with additional amounts for equipment and
S
ridges; no further bonds can be Issued. The mortgage covers the
following miles of road: Farley, la,, to Kansas City, Mo., 341 miles;
Marion. Ia „ to Council Bluffs, la., 262 miles; Aster, la., to Aberdeen,
North Dak., 352 tnUes; branches 162 miles; total, 1,117 miles.
Terminal five per cent bonds of 1884 cover terminal property
of several hundred acres in Chicago and Milwaukee. On the
“ incom e" bonds o f 1886 payment o f Interest is now obligatory.
They are convertible into common stock within 60 days after any
dividend day, and have a sinking fund of 4 per cent, $80,000 o f them
being drawn for payment yearly at 105.
The general mortgage of 1889 (see abstract in V. 48, p. 830) is for
$150,000,000, to tire United States Trust Co., of New York, as trustee,
and covers the entire railway property and franchises of the company
(therein described) subject to prior liens as below mentioned. The
prior lien bonds cannot be extended, but w ill be paid off at maturity.
On Julv 17, 1895, the follow ing amounts o f general mortgage bonds
had been issued or were reserved for the purpose indicated, v i z :—
Listed on Now Y’ ork Stock Exchange............................
$19,010,000
Unlisted and in treasury o f the company......................
2,401,000
1
,
i
1
I
394.000
650,000
See text.
J. 6i J.
j . <fc
J.
.i. & J.
& .1.
J.
j.
J.
j.
j.
j.
g.
g.
g.
g.
g.
g-
J.
j.
J.
,1.
.
J.
j
,i.
j.
g. J.
j.
j.
6C J.
<te J.
& J.
.).
& J.
J.
<fe
& J.
& J.
<fc J.
<fc J.
A J.
<fe J.
<fc «J.
A J.
& D.
& D.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Boston, Lee Hi gginson.
N .Y . Office, 42 W all St.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
N.Y., Ch. Mil. A St. Paul
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,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1904
1905
1908
1909
1910
1910
1910
1910
1919
1909
192®
192®
191C
1923
1921
1921
1924
1914
1916
1920!
1916
198®
1910
1913
Chicago.
June 1, 193®
5 g. j . & D.
do
5
M ay 1, 1938
5 g. A. & o . Apr. ,’93, coup.last paid. April 1, 1940
1894-95.
1893-4.
1892-93.
Interest on-debt......................... $7,629,377
$7,503,748$7,065,2
Dividends on pref. stock........... (7)1,818,802 (7) 1,809,213 (7) 1,751,357
Dividends on com. stock...........(4)1,380,818
1,838,307 (4) 1,838,30®
Miscellaneous...........................
...........
95,822
21,470
Surplus............................... def.$402,734
$67,213$932,738
condensed g e n e r a l b a la n c e s h e e t
JUNE 30.
Assets—
1895.
1894.
1893.
Road and equipment, etc........$221,245,152 $220,198,172 $215,937,204
Cash.........................................
2,791,724
3,676,5862,662,814
Total assets........................ $224,036,876
Liabilities—
Stock, common........................ $46,027,261
Stook, preferred...................... 26,156,900
Funded debt............................ 139,321,000
Pay-rolls, vouchers, A c ..........
2,442,286
Interest accrued, not due.......
3,582,251
Loans and bills payable.........
...........
Sinking fund...........................
669,680
Miscellaneous..................... ...
357,618
Income account.......................
5,479,880
$223,874,758$218,600
$46,027,261$46,027,2
25,973,90025,767,9
138,801,000130,805,5
1,669,1792,665,14
3,581,9833,447,223
1,000,000
3,240,000
82,02058,660
218,375
100,426
6,521,0406,487,89
Total liabilities...................$224,036,876
$223,874,758$218,600
Total given as outstanding........................................
$21,411,000 — (V. 5 8 ,p. 1035; V. 59. p. 152,228, 3 94 . 4 2 0 , 4 27,724; V .6 0 ,p .4 8 0 !
Reserved for prior liens..................................................
110,664,000 V. 61, p. 151, 3 92 , 4 18 , 4 27 , 1154; V. 62, p. 502.)
Originally reserved for prior liens, which have sio ce been )
C h ic a g o & N o r t h e r n P a c if ic U K . - O r g a n iz a t io n , P r o p e r t y
converted into pref. stock. W ill eventually become >
7,571,000
Ow n e d , E tc .—Organized in 1889 for the purpose o f acquiring a term
available for improvements. (See also below )...........)
Available for improvements, eto. (see also b elow ).........
10,354,000 inal system o f railways in Chicago. I t owns 749-47 acres, of which
65-54 acres are in the heart o f the city, and 3,500 feet o f docks fronting
Total authorized........................................................ $150,000,000 on the Chieag i R iver between Harrison St. and Fifth Ave. I t has in
operation
42-58 miles o f main line, of which 25-7 is double track. I t
The $21,411,000 outstanding include $6,000,000 issued to pay for
178 miles of sundry small branches on which the general mortgage is has in addition 55-18 miles o f spur and industry tracks.
a first lien, and to retire the $2,500,000 first mortgage bonds of
R e c e iv e r s h ip .—R eceivers were appointed Oct. 10, 1893. On July
Chicago Evanston A Lake Superior Ry., a Chicago suburban road; 1,1895, possession o f the property was surrendered by the Wisconsin
also $3,583,200 issued to replace prior bonds paid and cancelled.
Central Co. to A. Lawrence Hopkins, Receiver, and has been operated
Tlie $10,354,000 “ available for improvements, etc.,” of bonds above by him since that date. V. 61, p. 68.
mentioned are applicable for premiums paid in retiring or refunding
L e a se , R e n t a l , E tc .—On A p ril 1, 1890, the property was leased
convertible and other prior lien bonds bearing a higher rate of in
terest than 4 p. c., for cost o f branches, second and side tracks, real through the medium o f the Wisconsin Central Co. and the Wisconsin
estate, bridges, rolling stock, equipment, etc. On July 1, 1895, of the Central RR. Co. to the Northern Pacific RR. Co. at a rental sutiicient to
prior lieu bonds outstanding, $25,672,500 (maturing 1897-1908) were pay all fixed charges, Ac.; but on Sept. 26,1893, tbe receivers of the
convertible into preferred stock; if from time to time so converted Northern Pacific RR. Co. surrendered possession to the Wisconsin Cen
they w ill set free a like amount of general 4s which, with the $7,571,- tral companies which operated same until July 1,1895.
The Baltimore A Ohio, the Chicago Great Western and the receivers
000 already converted, w ill become available for improvements, addi
tions, etc., as soon as the balance ($10,354,000) o f the amount origi o f the Wisconsin Central lines are tenants of the Chicago A Northern
nally reserved for improvements has been so expended. V. 48, p. 830; Pacific and pay lentals, the form er $175,000 per year, the Chicago
Great Western $150,000 per year and the receivers of the Wisconsin
V. 50, p. 205.
Central lines $144,000 per year, last mentioned being payment on ac
G eneral F inances , AC.—A considerable amount of the stock is held count subject to adjustment.
by parties also interested in the Chicago A Northwestern, so that the
Tbe interest on the Chicago A Northern Pacific first mortgage bonds
two roads are operated as a rule in harmony. Dividends on common has not been paid since A p ril 1,1893. The interest on the underlying
stook were resumed in October, 1892. See “ dividends ” above.
mortgage o f the Chicago A Great Western and the interest on the pur
In June, 1894, $3,000,000 general mortgage 4s were listed in New chase money ol the Sohool Board M ortgage has been paid regularly.
YTork, having been sold for equipment, improvements, etc. N. Y. Stock Tbe net earnings after payment of interest on these securities has been
Exchange in April, 1896, reports $19,010,000 listed. The earnings expended in improvements and liquidation o f accounts due.
since July 1,1893, include the Milwaukee A Northern. The loans and
B onds .—Of the $30,000,000 bonds authorized, $28,855,000 are out
bills payable outstanding June 30, 1894, for $1,000,000 were all paid
off during the year 1894-95. General mortgage 4s for $1,204,000 were standing. See V. 59, p. 651. A n abstract of the mortgage was in V.
52, p. 465.
listed In July, 1895.
R e o r g a n iz a t io n .—B ondholders’ Committee consists of J. Edward
E arnings .—8 months, > 1895-6..gross, $22,703,024; net, $9,430,009 Simmons, Chairman, Henry Budge, R. C. Martin, Simon Sterne, William
July 1 to Feb. 29.
) 1894-5..gross, 18,616,991; not, 6,569,115 Mertens, W. Allen Butler, Jr. and A lfred S. Heidelbach. In A p ril,
A n n u a l R eport .—Fiscal year ends June 30. Annual meeting Is 1896, the U. 8. Trust Co.’s receipts for $25,523,000 had been issued for
held in September. Report for 1894-95 was given in full in V. 61, p. 1st mortgage 5s deposited under this committee’s agreement of Dec. 5,
418, 427 See also olitorial, p. 392. These figures, except for 1892-93, 1893, and had been listed on N. Y. Stock Exchange. (V. 58, p. 306.)
lnolude the Milwaukee A Northern.
On Dec. 3,1894, the committee submitted a general plan to which
1894-95.
1893-94.
1892-93. over 70 p.o. of the depositing bondholders assented within the required
time,
so that under the terms o f the agreement the plan became oper
Miles operated June 30.........
6,169
6,148
5,724
ative as to all bonds deposited. In April, 1896, the committee were hop
. $5,852,781
$7,311,687
$7,138,561 ing soou to be able to issue a detailed plan.
Freight earnings..................... . 18,978,263
21,550,822
24,393,849
In April, 1896. a settlement was made with the Northern Pacific by
Mail, express, Ac., earns....... . 2,504,325
2,465,442
2,442,645 whicli that company is to return the $2,500,000 C. & N. P. bonds held
by
it (see V. 59, p. 651), and the C. A N. P. agrees to include the Chi
Total earnings.................. .$27,335,369 $31,327,951 $33,975,055 cago
& Calumet Terminal in its reorganization plan, the Calumet se
Expenses—
curities
beingowned by the Northern Pacific. The N. P. and the C. &
Maintenance of w a y............... . $3,703,4 66
$4,469,838
$5,004,161 N. P. agree to relinquish all claiu-s against each other. V. 62, p .7 2 5
Maint. oars and engines......... . 2,085,309
2,698,459
3,661,243
Transportation, gen. exp., etc. . 9,748,364
11,284,675
Sto c k .—Stock outstanding, $30,000,000 (par, $100), o f which over.
12,507,270
Taxes...................................... . 1,084,700
1,199,077
1,058,320 $15,000,000, owned by Nor. Pac. The N. P. claims a considerable sum
Miscellaneous..........................
421,914
462,283
257,114 due for advances, against which there are counter claims.
A n n u a l R e p o r t .—Earnings for the year ending June 30,1895, w ere
Total expenses....................$17,043,753 $20,114,332 $22,488,108 gross,
$726,892; net, $361,681; other income, $50,388; int. paid, $52,N et earnings............................ $10,291,616 $11,213,619 $11,486,947 200; balance, surplus, $359,869. F o r year ending Oot. 31,894, given
Perch o f op. exp. to earns.........
(62 35)
(64-21)
(66-19) in V. 60, p. 258, were as follows: Gross. $823,498) net, $368,795, ex
Other income............................
134,647
100,684
122,140 pended by receivers for construction, $351,068,- for general expenses,
$31,417. (V. 59, p. 650, 737, 1006,1103; V. 60. p. 2 5 8 . 481, 606, 748,
Total net income.................$10,426,263 $11,314,303 $11,609,087 794,1103; V. 61, p. 68, 924,1063; V. 62, p. 137, 319, 413, 547, 725.
■APRU, 1896.]
I It
RAILROAD STOCKS AND BONDS.
S u b s c r ib e r * w i l l c o u f t r a g r e a t f a v o r b y g i v i n g in i 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 tlr e s e T a b le s .
Bonds—Princi
IN TE R E S T OR DIVIDENDS.
R A IL E D ADS.
Miles Date Size, or
pal,When Due.
Amount
When
Where
Payable
,
and
by
of
of
Par
f o r explanation o f column headings, &e., see notes
Slocks—LastRate
per
Whom.
Road. Bonds Value. Outstanding Cent. Payable
Dividend.
on first page o f tables.
Chicago ft Snrlh Western—Common stock,............. 4,273
Preferred stock (7 p. c. yearly, not c-umnlative>. . 4,273
Ch. * X. W.con. s. f. M. ($12,900,000),not dr'n.c* 788 1865
So 1863
Chio. A Mil. 1st M. Chicago to MIL (assumed)..
Cedar Rapid* A-Missouri Riv.—Bonds assumed.
1st mort. 3d D iv „ Dos. M. R iver to Mo. R iver 149 1866
Mort. o f 1884, Cefi. E. to JDes M. R iver...........
1884
71 1870
Iowa Midl'd I st M., Lyousto Anamosa (assumed)
Madison extens-lst M., g. is.f. $23,000, not dr’n) 129 1871
Menominee ext. 1st M „ « . (s, f. $20,000,not dr'ni 114 1871
62 1872
Northw est Union lst5I,,g.,SUl.w> Fond-du-Lae.
Chic. A N.W. gen. consol. SC, g., s . i ., not dr'n c.*A-r 1,670 1872
Menominee R iver 1st M „ tw o series (assumed)...
31 ’76-’ S0
82 1880
MIL A Mad. 1st M., Mil. to Madison (assumed) .c'
Chicago A Toiuah 1st mort., guar, (assamed). .. ? 152 (1880
Chicago Milwaukee A N.W.construe, do
... (
i 1882
43 18S1
EscanahaA Luke SuperiorRR. M M ., (assnuied).
ties Moines A Minn. 1st M.,Dea M.to Jewell Jo., Ac.
57 1882
64 1S84
Ottumwa C’.F.A- St. P. 1st if. i$25.000p.m.). «n ..c*
75 1885
Northern 111. 1st M 820,000p. mile),assumed..e*
.-'.V'tlOS.cax 1,041 1879
71 1891
Iow a Div. Is tM. fo r $1,411,000 ($20,000 p.m.)o*
Stakb-.K fund debenture* of 1933 mot dr'n).e\tr . . . .
1883
25-year debentures o f 1909 (see te x t)........e*4r
1884
30-year debentures for $10,000,000.......... <s*&r
1891
Extension 4a. $20,000,000 ($20,000 p, ra.|..cAr
1886
__
Minnesota Valley Ry. 1st m ortgage...................
Pialnvlew HR. 1st mortgage. .............................
....
139 1870-1
1st mort. extens., gold.land grant,*.f.,gimr . . c
184 1871
Maple R iver 1at M., Br. to Majdeton, (assumed)
60 1877
Boch. A No. Minn. latM-.ipi,(assumedby. w ASbP.i
24 1878
$100 $39,067,883
Text. J. A J. N .Y .,Co.’s Office,52 Wall
do
do
100
22,348,100 7 per an. Q-— 3
do
do
1,000
12,774,000
Q .-F .
7
1,700,000
do
do
7
J. A J.
1,000
500 &0.
1,000
500 Ac.
500 &c.
500 &c.
5Q0&C.
1,000
__
.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1,000
i ,0 0 0 *feC‘
1 ,0 0 0
1,000*0
l.OOOAc
l.OOO&c
1.000AC
....
....
1 0 0 ,0 0 0
1.000
100 Ac.
....
. .. .
C h ic a g o & N o r t h W e s t e r n H y . —fSte 3ta p.)—Operate* an Im
portant lystem o ' road* uniting Chicago, III., with Omaha.'Neb,, 8t.
Paul Minn., with the (treat wheat belts o f Dakota. Nebraska, etc., and
with the mining regions o f Michigan and the Black Hills, Including—
Hoad o m u r fMite*. I Canirotted t»j stock,
MilesU s e s owned in fee............... 3,085 ' operated separately—
Entire Hock meattt—
Fremont Elk Horn * Mo. T ill.1,301
Winona & S t -P eter.... ------ 440 |Sioux City * Pseliie............. 107
Dakota Central..................... 724
------Princeton * Western.............
Its
Total o f a ll......... ................ 0.439
MU wauke* Lake Shorn & W ... 767 I 2d tr a c k ............................... 391
------ I Ait-, has large interest in ChiT otal Inc!. la e»n<“ ...........,.5,031 cage St. Paul Minneapolis A
|Omaha. 1,492 miles.
H is to r y , Ac.—The Chicago A North Western Railway was organized
to 1859, and has sine* absorbed many other rtwtd*.
In December, 1882. a controlling Interest was acquired in the stock of
to e Chicago 8*. Paul Mtouwapolhi <x Omaha Co., which me.
In July, 18*4, the capital stocks (except a few shares) of the Fre
mont Elkhorn A Mo, Valley and the Sioux titty & Pacific were t o | O M
on the term* stated in the Biw u s m ie x t o f June, 1835. and prior Issue*.
T h eir teouri tie*, except those hejd b v Chic- * X, W.. are in table above.
In December, 1901, the Milwaukee Lake Shore A Western S R . w s
bought by an exchange o f Mock, and on Sept. 1 ,1»93, it s in formally
merged into the Cu. A X. W „ all Its liabilities and duties lieing a»•nmed. See V. 57. p. 375; V, 3d. p. 792, A * to Wisconsin Northern
Ky. see V. 62, p. 363.
C l i f M t Sto c k .—Of the common stock 82.333.07*, aud preferred
83.283 remained In sue eo*» treasury In June. 1896 Prt f. stock" has a
prior right To 7 p. e.i then common 7 p. e.; then preferred 3 per ecut;
then common 3 per cent; then both classes share.
Dnrtneknn store 1862—
’S3. '84. 'S3. ’86to*#3
*91. '95.
'90.
Common ....................
77
81* 6 yearly
3
4
Below.
P referred .......................
§ 8
7>* 7 yearly to A p ril, 1896.
Dividends on common were touts.-:!v paid June an-! Dee, 30. The
dividend on co-m-ioo due D-v. 30, l e o i , wait paid Jan. 3, 1893, ami was
for 2 4 per e m t instead of 3 p -r eent, a* for many prrvioua half-year*.
Common to 189*4—January, 2% percent,
B'lSI-A..The tee-treat consol. mortgage o f 1872 Is a m ortgagf on stll
the property o f tise company at the date o f the m ortgage; the issue
ton M u ifim w t ! only to rotlro a like amount o f prior bond*.
The Minkin-t fwnd bonds o f 1879 are secured, by deposit to trust
o f 815XKKeOOO o f 1st mortgage1 1too sis fit $15.*XX) per njUtl mi s-ub-6diary lilies, -hr me*? important being ib-sw-rll-ed in gcptolBMkKT o f
May, 1994, O f tbs sinking fund bond* o f TS7S* sS6.251.W0 are 6*;
the stoking fund 1* at least 1 per cent o f outstanding bonds, which
are: subteefto .call a t 105; and through Its operation the amount
outiitabdiug isMi liven reduced trtuuSI S.tojO.toX) to the preseftt ttgvtfe.
The fbied IHeisk-n bonds o f 1891 cover road from Wall Lake to
Kingsley. Iowa, 71 mile*. See V ,» , p. 217.
The sinking fu n d ttebenlurt* at 1933 have a sinking fund of $200,000
per year, i f tony can be redeemed at 103, Thews, :u> also the dcendure* at in * i and 1801, will be secured by any future mortgage
excepting any mortgage " tar to*, ©niargemaut. tiuprovon--t o or s-kten••on of lb * company * property.” See <i- urtpiion o f all the debentures
on P*X* 2. StrfTUSMKiT of April, 1885, The 25-year debenture nmrtof 18*4 Is for $6,000,000. and ’-Olid* outstanding have been ref vgo
ufe»l to pre-ens figures by -sinking land t>nrolta«* under which *521,9*10 were held alive June 39,1895.
The e s tm tio n bands o f 188*? are secured l.y deposit in trust of i* r-t
mortgage bond*at a rat# not exceeding $20,000 f*cr mil*. 1nnoded in
t i » collateral Jan# 1,1805, were $10,675,000 Fremont Elk Hum A Mo.
Valley 1st* and t e jM P jN B W fnrolnc Contra! 1st* [too Wy. Cent, hav
ing >>««ti i-onsottdated with F. E, & >1. V.;, Me. T o April, 1890, Exten
sion; t* for $ ! $,632,060 had been lletrd on X, V. Stork Exchange, of
which, Jgaw 39,180S, S(»4S,0< w> were held alive In sinking funds." See
F. K A M. V. bonds iAiow. Union Trust Co. of X. V.. trustee.
- The Fremont Mlkhorn -t Missouri Faiieu console have a first lien on
1,170 mile* (Fremont. X eb „ to Ttoadwood, D. T., 557 miles, and
branches lo Hastings. Addon, Ac., 613 miles), but beside* the amount
of Urn* ciron a* outstanding in the table «0 ,# 7 5 ,0 0 0 are held as part
collator-'.: for Chicago A Northwestern extension bonds o f 1889. The
Northwestern assumed $3,(MXX<K» o f the Fremont Elkhorn A Missouri
valley bonds and guarantees the reef. 9ee guaranty V. 59, p. 650.
n ie MiltrftHkre Hake Shore s Western debenture* are - onrertible into
xtobk at par at tmy tun# within ton day« after ib « date fixed for payment
of dividend* on com. stock. The last » f the Ontonagon 1st mart. bonds
root nerd A p ril 1. 1899. The extension and improvement mortgage
stoiang fund commences in. 1893,. and will rrselve not le&s than
ci9*>. yearly f these bonds are not snlfysel to call,
in addition to the company’s bonds,as simwn in the :a: - : aimve,
there were May 31,1805, *2.512,500 alive in the sinking fund.
L4K9 O s a j it —!The report for 1891-95 showed that the total consideration for the lands and lots sold in that year amount©.! to $132,676.
Total es«h receipts were §3X6,771, The statement of amounts secured
to be paid to tli«- eoiopany i>y tmtstsmltog -'-mino rs o f «ai# in force « t
to e end o f the fiscal year showed a total of $1,247,753. The lands
2,332,000
769,000
1,350.000
2,977,500
2,546,500
3,365,000
12,336,000
560,000
1,600.000
1,528,000
601,000
720,000
600,000
1,600,000
1.500,000
13,525,000
1,411,000
9,800,000
5,369,000
9,819,000
18,632,000
150,000
1,592,000
4,038,300
402,500
200,000
M. A jS\
J. A D.
A. & O.
A. & 0.
J. & D.
M. & S.
J. & D.
J. A J.
M. A S.
M. & N.
M, & N.
J, & J.
F, & A.
M. A S.
M. & 8.
A. & O.
A. A 0,
M, A N.
M. A- X.
A 15 AO
F15A-A.
A. A O,
M. & S,
M. A X.
7
J.
A IX
7 g.
J. A J.
7
M. & 8.
7
7
7
8
7 g7 g.
7 g.
7 g.
7
6
6
6
6
7
5
5
5 *6
4%
5
5
5
4
7
7
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
ao
do
do
do
do
do
do
do
do
do
do
do
ao
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Jan.
Apr.
Feb,
July
3,
4,
1,
1,
1896
1896
1915
1808
M ay 1, 1916
June 1, 1909
Oct, 1, 1900
Apr. 1, 1911
June 1, 1911
June 1, 1917
Deo. 1, 1902
July 1, 1906
Sept, 1, 1905
Nov. 1, 1905
Nov. 1, 1905
July 1, 1901
Feb. 1, 1907
Meh. 1, 1909
Meh. 1, 1910
Oct. 1, 1929
Apr. 1, 1902
M ay 1, 1933
Nov. 1, 1909
Apr. 15. 1921
Aug. 15, 1926
Oct. 1, 1908
Sept. 1. 1908
Nov. 1, 1907
Dec. 1, 1916
July 1, 1897
Sept. 1, 1908
unsold and um-mirracted for M ay 3 1 .1893, were 736,365 acres, agains t
748,565 acres in 1894. See V. 61, p. 200.
G e n e r a l F ix a s c e *.— To June, 1895, $2,000,000 additional deben
tures o f 1909 were listed on X. Y. Stock Exchange, making total
authorized and issued $6,000,000.—See V. 61, p 199. It is estimated
that the elevation o f track* in Chicako wli) occupy about four years
time and oust between 31,000,000 and $2,000,000 a year. V.U2, p. 456.
Peninsular SB. convertible 7s due 1898 fo r $117,000 were retired in
1896.
L a te s t E auntso *.—F rom Jan. 1 to Feb. 2 9 .1896. 2 months, gross,
$4,931,541, against $3,927,178 in 1835. In year 1S95, gross, $31,503,399, against #29,059,547 in 1894.
A.TKBAI, R hi-o ht .—Fiscal year ends May 31. The annnal meeting Is
held the first Tlsur<4ay In Jane. The report for 1894-95 given at length
in V. 61. p. 191, 198. See also editorial, p. 176.
The following statistics are for the Chicago A Northwestern proper
the statistics o f the Fremon: Elkhorn A Mb. Valley are given further
below and in the C u b o n ic l * , V. 61, p. 194.
Tear a n tin ') Map 31.
1895.
1994,
1893.
1892.
- nee in - (h o t ,.
4,841
4,273
4,273
Passenger earnings-. $7,014,601 $9,220,467 $7,956,440 $7,298,880
.................... 19,191,415 21,234,929 23,377,713 22.78*.423
Mail, express. A c . ... 1,579.268
1,474.786
1,375,592
1,334,969
Tota! earnings...$29 108,374 $31,986,187 $32,709,747 $31,42*2,272
Matoten'nce o f w a y )
I $4,471,160 $3,920,697
'*
cars,Ac. [ $17503917 $19,867,628 - 3,386,053
3,104,548
Tratisp't'n A ruisctl.)
(13,433,750 12,323,031
Taxes....................... 1,007,311
1,040,302
1,002,190
928,162
Total expense.* $18,511,728 $20,907,930 $22,293,153 $20,336,438
Net earning-............. $9,596,646 $11,078,252 $10,116,594 $11,085,834
P.C. exp. t-1 earning* (65-86)
(65-37)
(68-151
(64-72)
Investments, M e......
652,274
431,673
767,635
317,736
Total receipts— $10,248,920 $11,509,925 $11,184,229 $11,403,570
Interest on debt...... .$7,071,135 $6,875,232 $6,204,319 $6,072,960
Dividend.................. 3,125.548
3,906,594
3,906,562
3,6:5,735
Sinking fun-1.............
325,830
3*27,150
200,200
410,125
Milwaukee Fire acct................. .
...........
222.870
...........
Total disbursin'!*.$10,522,511 $11,108,976 $10,533,951 $10,159,120
Balance,surplus___def.$273,591
$400,949
$650,278 $1,244,450
FBESIOSI KI.KUOnX A MffiSOOKf VALLEV.
Yr.end.M nuM .
1995.
1894.
1893,
1892.
G ro*.earn in g*.........$2,686,642 $3,334,756 $3,653,678 $3,481,236
Net earning*............
692.834
1,003,8*2
1,151,236
1,104,349
Total charges........... 1,025,029
1,028,308
1,030,689
1,031,477
Balance.................. d<-t.$332,195 *ur.$65,544 sr.$120,567 mir.$72,873
B a la x c e Bid et . - Balance sheeto o f CU. A No. W. May 31 as b elo w :
Assets—
1895.
1894.
1893.
Road and equipm ent............ $180,795,191 $180,209,711 $105,935,481
Bond* owned......................... *22,834,$58 - 23,921,022 *15,000,087
Stock* owned.........................
14,317,863
14,317,742
22,053,474
Land grant In vestment*.......
466,925
457,082
420,925
Bill* and accounts receivable.
1,421,6-19
1,700,008
1,980,464
Materials, fuel, Ac..................
1,866,138
1,777,254
1,886,959
Cash unhand.........................
2,311.461 ’
2.309,607
2,793,753
Trustees of sinking fund.......
7.201,571
6,817,100
6,486,181
Total as s et*..................... $231,216,050 $231,510,432 $216,557,324
L i tthdiliesStock,common and preferred.**$63,726,321 $63,726,321 $63,724,321
SVekft o f proprtct'ry roads, Ao,
519,510
519.510
519,510
Bonded d e b t........................ 131,004,500 130,113.500 117,100,500
Purchase acct. 3f. L. 8. A- W...
8,508,000
8,550,000
................
Dividend* declared, not due .
976,618
1,582,434
1,562,434
Sinking fund* p a id ................ >
n « i - 7 tn n f
6,129,761
Acorotiojw to sinking fu n d ... f ,,201,a<l
6,81:,106J
356,420
Securities for can. stock lss’d.
2,334,267
2,334,267
10,009,823
Securities ret ired from income
1,136,000
890,000
640,000
Current bills,pay-rolls, A c . .. . • 1,387,942
1,802,232
2,390,486
Uncollected coupons. A c ........
155,614
175.748
123,356
Due to roads in Lowa.............
...........
1,440,077
1,141,802
Consolidation Coal Co............
178.140
174.569
131,325
Accrued and accruingInter'et.
1,849,134
1,840,387
1,674,428
Miscellaneous......... 1.............
252,803
167,525
284,429
Land income account............
3,832,484
3,624,345
3,403,267
Kailroad income account......
7,492,821
7.766,411
7,365,462
Total liab ilities............... $231,216,056 $231,510,432 $216,557,324
* Includes $13,235,000 bonds pledged as collateral.
V Including $2,333,078 common and $3,285 p ret in Co.'s treasury,
- ( V . 59. p. 2 28 , 229, 251. 2 90 , 968; V. 00. p, 218. 242, 349, 873,
100*. 1057.1111; V. 6 5,p. 176. 194, 198,1114; V. 62, p, 232, 256,
363, 413, 430, 683.)
X
M
o
<4
•f
A p r il , 1896.1
RAILROAD STOCKS AND
BONDS.
45
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 is c o v e r e d I n th e s e T a b le s .
Bonds—Princl
IN TE R E S T OR DIVIDENDS.
RAILRO AD S.
Miles Date Size, or
pal, When Du©
Amount
of
of
Rate per When Where Payable, and by Stocks—Last
Par
For explanation of column headings, Ac., see notes
Outstanding
Whom.
Road. Bonds Yalne.
on first page o f tables.
Cent. Payable
Dividend.
71
Okie. dXm -tti W,—( Con.)—Dakota, Cent. IstS L , go.
Dak.Cent.lst M, on So’ eastDlv. (to Hawarden) gu. 125
Frem. Elk. A M. V. consol M. $20,000 p. m. see text. 1,170
Sioux c ity A Pae. pref. stock (1st mort. on 6 m.)_
0
101
l * i M* Sioux City t o Fremont (e a r n e d . )...... .
2d M.Gov't lieu iacer.lnt.jAn. 1/96 $2,446,751). 101
MHw. L. Sh. & W., ConsoL M. (new 1st) gold., .c* 416
85
Michigan Div. 1st mort. (for $3,000,000), g ..e ‘
40
Ashland Division 1st mortgage, gold.............e*
Conv. debentures, secured by mort o f '89, g..c* 697
Ext. & Imp. M. for $5,000,000. g., s.f. not drin.c* 697
Income bonds {not cum ulative'...................,-r
Marsh. Ex.l»tM.for$6OO,0OO <$15.00Op.m.>.e*
40
56
8L P. E. Grid T. l5t,M. g..!nt.gu.by M. L. S.&W.e*
Chic. Pad. <f Memph.—1st M.. #15.000 p. m., gold.c* 105
Onusago Peoria d St.
1st i t . . $3,273,000. g .c ’ Ar.
2 d mtge. nou-cum. incomes, gold (see text>.c &VOhwuav lino: Ieland <f Pae. -Stock ifor$50.0o0,000i
1st mort., Chie., HI., to Council Bhu&Abrauches.c* 736
Chic. A Southw. 1st M. Ic'd in cur. by C.R.I.AP.). 268
1st M. ext. and eoL ($20,000p. m.) red. aft. ’94.c,tr 2.153
....
Debenture bonds (redeemable at 1 05 ).,...... v.vr.
Chicago St. Paul Minneapolis 4 Omaha—Com. stock.
Preferred stock, non-cumulative (see te x t).........
21
Bt. Paul Stillwater & Taylors’ Falls 1st mort- ...t
12
Hud. & R iver Fa lk 1st M „ Hudson to R iver F&iis.e
Ch.8t. P .A M an . 1st M..g. .Elroy to L. St.C. Bas’d.e‘
177
1882
1882
1883
.
1863
1868
1881
1884
1885
1887
1889
1881
1892
1883
1894
1896
1896
$1,000
100
500 &e.
500 <feo.
1,000
1,000
1,000
1,000
1,000
1.000
1,000
1,000
1,000
1,000
100
1,090 Arc
100 Ac.
l.OOOAe
l.OOOvVC
100
100
1878 500 &0.
1.000
1878
1878 500 &o.
1877
1869
1884
1891
6
M. & S. N. Y., Office, 52 W all St..
$1,007,000
M. & N.
do
do
2,000,000
6
do
do
6
A. & 0.
7,725,000
169,000 1 per an. A. & 0.
do
do
1,628,000
6
J. & J.
do
do
6
J. & J. U.8. Treas., at maturity.
1,628,320
5,000,000
6 g. M. & N, N. Y . Office, 52 Wan St.
6 g. J. A J.
do
do
1,281,000
1,000,000
do
do
6 g. M. & 8.
do
do
436,000
5 g. F. & A.
do
do
5 g. F. & A.
4,148,000
500,000
6
M. ,fc X.
do
do
5
A. & 0.
do
do
400,000
1,120.000
6 g. J. A J.
do
do
5 g. j . & j . N. Y „ Cent. Tr. A St. h.
1.575.000
4,599,000
N ew York.
d g. j . & j .
4.220,000
4 g. Jan. 1
46,156,000 See text. Q .-F . N ew York and Chicago.
12,100,000
6
J. & J.
N. Y „ Broad St.
7
M. & N.
do
do
5.000,000
40,417,000
5
,J. & J.
do
do
M.
&
S.
do
do
4.500,000
s
18,559.253
11,359,912 See text. F. & A. N. Y . t Office, 52 WaU 8t.
do
do
J. A J.
7
334,800
125,000
J. A J.
do
do
8
do
do
3,000,000
6 g. M. A N.
Sept. 1, 1907
Nov. 1, 1907
Oct. 1, 1933
A p r. 1, 189©
Jan. 1, 1898
Mar. ’98&’ 98>
May 1, 1921
July 1, 192 *
Moh. 1, 192(5
Feb. 1, 1907
Feb. 1, 192S*
May 1, 191F
Oct, 1, 1922
Jan. 1. 1913
July 1, 192-4
July 1,. 1925’
July* 1, 1945M ay 1, 189©
July 1, 1917
Nov. 1, ls g ®
July 1, 1934
Sept. 1, 1921
Feb. 20,
Jan. 1,
July 1,
May 1,
1896
1908
1908
1918
Tear ending March 31
C h ic a g o P a d u c a h dc H c m p h i a K K .••P ro je cted from Alta1894.
1895.
1893.
3.371
mout, 111., to Metropolis, 1.52 mile*, with branch 20 miles, lit July. Miles owned and operated...
3,571
3.610
: l§iW>,' was to operation from Aiiansoot to Marion, t>*> miles. Attsnvmt
$6,538,568
$4,338,053
$5,843,146
12,852,979
11,206,686
to Wabash KB. Junction, 8 mile-. Organized in 1893. Capital stock
13,302,196
1,876,077
authorized *2,500,000; paid in #1,500,000. The -t. Louis Trust Co. is i Mail, express, rentals, etc___
1,647,527
1,825,768
trustee of the mortgage. President, VV. L. 11use, 81. Louis.
$17,420,816 $21,039,074 $20,971,110
C h ic a g o P e o r i a Sc lit. L o u is H i t . o f I l l t n o i s . —Owns from
$12,682,261 $14,977,480 $15,083,683
Pekin, IlL, to Jacksonville, I1L, and Havana to Springfield, 120 tulles,
and Litchfield to East 41. Louie. 80 miles; uses Merchants’ Bridge into
Net earnings................... $4,738,555
$6,061,594
$5,887,421
8 t Loros, 2 a S h t; ttMkads, 13 m. Extension to Reek Island partly P. o. of oper. exp. to earns....
(71-14)
(72-irO)
(71*93)
graded, Owns a oue-,;uart,'r interest In the Peoria .v Pekin Union,
15,044
From land department, etc..
43,038
60,000
OhOAViZATi s A reorg*n!7..it(on In February, 1800, o f the Chicago
#1,754,169
$6,104,632
$5,947,421
Peoria A St. Louis uy. sold in sorcelosure, per plan V, til, p, 3115;
$094,924
Rent, leased roads...... ....
$692,617
V. 62, p. 232, 310.)
$739,01©
3,199,825
3,318,525
3,038,78©
Brocks \>1>Itoatp.—Common »io- k authorin’' I e2 ,500,000, preferred Interest on debt___. . . . . .
Missouri
R
iver
bridges..
157,460
121,56©
157,608
5 p. e., nan~euMHiative. 8'-’,500,000,
(3)1,384,674 (4)1,846,232 (4) 1,846,232)
The » e * first mortgage- for *.5,2?5.<«»0 to th.> Mercantile Trust Co.
o f N. Y. as trustee. Hoods for #07*5,090 are thS-*-.rved fi*r additional
! Balance................................ det.$801,532 sur,$208,498 sur.$201,821
railway at $18,0o o pcr mile.
407,400
...........
...........
The Income mortgage (Ccutral Trust Co., V. Y , trustee.) Is for #4,220,- Premium on M. &8t-. L.bonde
746,679
...........
...........
000 o f mm lituputhfirr 4 par cents. The Kahroad Company may at any Del'd !nt. on it. 4c St. L. bonds
time offer July l, 1887, and prior to July i . l-u o , convert this issue Of
$352,547
$208,498
$201,881.
|
Surplus
hal.
for
year............
bonds into 3 per ©onto, constituting a 8 ted ykarre.
- ( V . 59, p. 738 ; V. 60, p. 9 8 8 , 1 00 7, 1 0 1 1 ; V. 61, p, 793.
K arjosos .— Including Jaeksoov. Louisville a fit. I.., 112 mile*. From
C h ic a g o St. P a u l A K a n . C it y . —See CiitCAOO G r k a t W e stern .
Jan, 1 to A p r!! 7, 189*1.3'; months*, (gross #26$, 109, against 8221.*525
C h ic a g o s i, l*u tiI n iit n e a p o llk ,V o m a n a I l y ,—(See Map O hiiii 1893. lu y e a r 1895, gross, #92',:i2-.>. as unt H f i . s t l In 1894.
For y c r ending June 30,1895. on 233 miu-., gro -■< $933,646; net eago j S'or lh WetUrrup—Ro a d .—Main line—Elroy, Wig., to Omalia, Neb.,
$239,881; rental o f Peoria .2 Pekin Union $22,500; taxes $28,144; . 593 m iles; other lines, 899 miles; total. 1,492 miles, of which 1,42 3
balance for Interest $181),230. For year 1891. gross. $901,393, against tulle* are owned and 09 miles leased. Superior Short Line (form erly
i leased) was purchased lu June, 1895, and form ally absorbed.—V 61, ti.
#960,628 in 1803.
—(V. *30, p. 1103. 1147; V. 01. p. tw, 195,239, 280, 324,305, 470,558, |280; V. *12. p. 110.
irisroKV.—This was a consolidation July. 1880, of the Chicago 8t*
661, 703, 793, 870; V. 02, p, 232, 310.)
Paul A- Minneapolis, the North Wisconsin and the 8 t Paul <fc Sioux City.
In November, 1882. a controlling interest to the stock was purchased
C h ic a g o H o c k In la n d A P a c ific H y .—tSee Mitpt—B o a O.—
Operate* from Chicago, 111., via Omaha. Nr),.. p . Den* re and Colorado for the Chicago A North Western Railway by the acquisition of 93,200
Springs, Cob, and v ia
City. Mo., to Port Worth. Texas, with shares o l common arid 53,800 shares of preferred
branches. The syateni, m w ill tie seen on adjoining map, includes:;
S tock .—A uthorized M atson , $21,403,293; preferred, $12,646,833.
Line* owned—
if,its.
Leaeed, so*.—i f Which see.) Miles. Held by the company Dec. 31, 1895, common stock and scrip, #2,844,Chic., Hi., to Council ninth, la. 41*9 Peoria A Bureau V alley___•'
47 040; preferred stock and scrip, $1,386,921. Preferred stock has a p rior
Davenp’t, la., to Atch’ n,Kaa. 342 ; Keokuk .V D i- .Moines....... 1! 162 right to noH-oumulatlvc dividend o f 7 p ercen t; but common 1* n ever
Blwooa to Liberal, K an........ 440 ) JJe* Moines i Fort Dodge..1!! 143 to receive more than Is paid on preferred,
Hsrimft*in.Kan..ti'Terra!.l.T. 3-40 fTrackAxi* to Kan»n* City,
DIVIDFMIA—Since *87. s *88, ’89. ’ 90. *91. ’92. *93. ’94. *95. *96.
Horton, Kan., to Roswell.t'oL 569 i So, Topeka, Kan.. Denver,
P referred,Per cent.. ) 6
3
4
4 O'a
7
7 7 b elow
Branches.............................. 692 ; Col., Pueblo, Col., etc........ 338
In 1806, Feb., 3 ‘a p, o.
B osov.—In 1893 consol* for $276,000 were Issued. There arc also
Total owned Apr. 1, 1895 .2,881 ! Tot-Uiiesoper. Apr. 1,1893,3.571 $75,000
Mirmc»|>oll* Eastern 1st m., guar., 7*. due Jan, 1,1909,
The Chicago Rook Island A Texas, from Terra! to Fort Worth. T e X-.
L amps .—T he land sales In 1895 were 14,303 acre*, for $36,390, In
93 miles, was completed la July. 1893. It is owned by the Roek Island, cluding lot#; land contracts and note* on hand December 31, 1895,.
and Its bonds are ail deposited for the R. 1. extension and collateral $74.138*1; lands undisposed of, 440,072 acres.
mortgage, bat the road is operated separately. V. 61, p. 793.
L atest E arning s .—From Jan. 1 to Feb. 29.1896 (2 months), gross .
H tsToar,—The present Chicago Rock Island & Pacific was a con $1,174,599, against $907,611 In 1895. In year 1895, gross, $7,508,764 ,
against
$7,297,019 In 1894.
solidation June 4, 1880, with $50,000,000 stock authorised, and a
atoek dividend o f 100 pee cent to the holders o f Rock Island stock,
A n n u a l R e po r t ,—Report for 1895 was In V. 62, p. 410.
Chicago Kansas 4c Nebraska Is now owned In fee simple. V. 53, p. 223,
Tear ending Dee. 31 —
1895,
1894.
18931
1,492
Average mile* operated...........
1,492
1,485
B m iu tx iw
5 1898 ’99 *90 •91. '92. *03. *94. *05. *96
$1,684,400
Passenger
earnings.................
.$1,721,130
$2,072,099*
3
4
4
3«a
2 below
Aloe* .97, P, c t f 6>*j
4
4
Freight..................................... 5,351.205
5,215,009
5(993,01 L
l a 1896, Feb,.
p. c.: May, h, p.
Frost 1884 to 1897, 7 p. e. per Mali,
express, A c .....................
433,429
397,001
383,818annum was paid.
Bosnia,—1
T he extension and collateral trust 5 per cent bonds (trustee
o f mortgage United States Trust < ornpany) are leaned at the rate o f
#15,000 per mile fur single track. #5,000 per mile additional for equip
ment and $7,500 for second track. They are secured by the
direct Uen o 1 a first mortgage or bv deposit with t he trustee o f an equal
sraoontof first mort. *) p. c. bonds of branch lines, and (since July 1,
1894.) are red'le at 105 In the order o f their nneubers.beginnlng with the
lowest. On Dec. 2 9 ,1894, there were $40,444,000 o f these bond* out
standing, and #268,000 had been canceled for the sinking fund; o f
the total originally sold $32,299,000 were issued at #15,000 per mile
on 2,153 miles of track; $1,200,000 for Kansas City terminal property
and $7,214,000 for equipment. See mortgage abstract, V. 47, p. 260,
The debenture* o f 1894 (U. 8. Trust 0 o „ troste#) were Issued to pay
for terminals and betterments as needed. The Issue la for $10,000,000
sod the bonds are redeemable on notice any coupon day at- 105. To
June, 1894, #1,500,000 debenture- were sold forlm provetneals. See
description of debentures on page 3 8tJW*t*jUp*T of April, 1895.
D e s k s At. F in a n c b *.—’T he sale In Oct., 1894, o f the Minneapolis $
8t. Louis—which see—realized for the Rock island $3,332,000 In cash.
Y. 59. p, 738,
E arsisc ,*. —FrntnJan. t to Mar. 31,1808 <3 months),gross #3,576.096,
against $32133,249 lu 1894. In year 1995, gross, $15,353,825, against
#1*1.333.*56 In 1894.
A n n u a l RRcoar.—The fiscal year ends March 31. Annual meeting
Is hold In Chi< Ago on the first Wednesday In June. Report for 1894-98
In to ll was la V. 80, p, 988,1007.1011. Earnings, Ac., have been:
T ola ! gross earnings...........$7,508,764
Operating expenses and taxes. 4,836,652
$7,297,019
4,946,184
$6,328,9285,843,5331
N et earnings.......................$2,672,112
N et rentals paid......................
113,048
Net lnt-on debt (less other Inc.) 1,422,830
Div. on pref. stock.................... (7)787,076
Loss on prop, roads..................................
$2,351,435
109,137
1,412,300
(7) 787,976
$2,485,395
141,720
1,378,509
(7) 787,976-
$42,1022
.“ orpins o f RR. Co................... $348,258
$177,100'
$230,(076
N et from land sales..................
$36,389
I$132,332
___ ____
- (V . 59, p. 152; V. (JO, p. 175, 389, 1057; V. 61, p. 280; V.62,.p. 4 1 0 .}.
C h ic a g o A So u t lie a s te r n B y - Operates Anderson, Ind., to
Brazil, Bid,, 109 miles, o f which 12 miles, Waveland to Band Greek, Is
trackage over St. L. Van. & T. If., leaving 97 miles owned. Extensions
to Munch; and Lim a were under consideration in Nov., 1895. Formed in
1891 to succeed Midland of Indiana, reorganized. The Midland of
Did. mortgage (assumed) ha- been limited to $375,000 Midland
Ry. of Ind. Interest due July 1, 1894, was paid lu Dee,, 1894, and the
January, 1895, interest was not paid when due. (V. 59, p. 968,1057;
V. 61, p. 324. 924.)
C h ic a g o A S o u th S id e R a p i d T r a n s i t , —(“ A l l e y E l e v a t e d . ’ *
—See St r e e t R a il w a y SBp f l e m i .n t .
O h lC lr i) A; T e x a s H R . —Owns from Cape Girardeau, Mo., vim
Cartwodale, 111., to Johnson City, 73 miles, and branch to Harrison..
111., 2 miles; 36 and 00-lb. steel.
..........
-Jl
"\ T]
6
a
\ YELLOWSTONE
NATIONAL
INVESTORS’ SUPPLEMENT.
MAP OP THE
AN D
PACIFIC BAILW AY SYSTEM
AND ITS CONNECTIONS.
|V ol . L X II
C h ic a g o , B o c k I s l a n d
A pril
1S96.J
RAILROAD
STOCKS AND BOIIDS.
47
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 is c o v e r e d I n th e s e T a b le s .
.Bonds—PrmoiRAILRO AD S.
IN TE R E S T OR DIVIDENDS.
Date 8l2e, or
Due.
Amount . R a t e per When Where Payable, and by- pal,When
to r explanation o f column headings, Ac., see notes' of
o
otf
Par
Stocks—Last
on first page o f tables.
Road, Bonds Value. Outstanding!
uutstal,am*: Cent. Payable
Whom.
Dividend.
Chic. St. Paul Minneap. <f Omaha—i Concl'd ) —
at. P. A Si's C. 1st. M,g.($7,000.000)$10,000p.m.e 607
N o.Wls. 1st M. Lake i- t.C. to n’ rSpooner asa’rned-e'
80
Sauit ate. Marie Sc Southwest’n 1st >t., assunied.e
37
Ch.St P.il.AO.con.M.,S3O,00O,0O0i$15,(KK)p.m)c- 1,,412
94
Chicago <t Southeastern—M id.ot Ind. 1st M .,gold..o
94
Consol, mortgage, $20,000 per mile, g o ld ...........
Chicago 1 Texas—1st niort., $2,500,000, gold .. ,c*r;
60
Chic. <f IT. Ind.—1st M.. e „ s. f., subj, call at 105.048
48
General m om , gold, sinking fund, see te x t...... c*i
Chicago it West Michigan—Stock (in trust $63,600).
Grand Rapids Sewaygo 4 Lake Sh. 1st J1.2dDiv. To
Chic. & West Mieh. general mort.i$12,000n.m.).e* 482
Cli.A No. Mi eh. 1st M.,gu..p, At. euil.$18,000 p. m.c‘
93
Mich. Equip. Co. 1st M., tru.p.&l., s.f. red. at lOO.r
Coupon -crip December, 180 5 ............................
Choctaw Oklahoma Oulf.’t / f —Prior lien,g., text.c'
97
General mortgage, $5,500,000, gold................. o '
3d snort, income bonds, $1,100,000, s. f,, gold, .o'
Car trusts... . . . . . ...... ................. ........................
Gin. Ham. St Ikiu,—Sfe-.v corn, stock, $8,000,000...
Preferred stock. Series A & B, $500,000 each ....
do •* Eagle” . .. ...... ...................................
N ew preferred 5 p. o. noncum., $8,000,000.......
60
Consolidated m om (now 1st) $ * £, sink, ftmd.e*
do
do ...........................e*
60
60
do
do .......................... o*
69
Second mortgage, go ld .......................................e*
60
General mortgage, $7,800,000, gold...... ......... o'
On. Day. 4 Iron . 1 stM „ gold,guar, (assumed.c*j 164
Gitu Hamilton a In d ia nap.— 1st M., guar. p. de 1..
99
General utort, for $3,800,000, gold, to be gu ar.., i
99
1 1879 $1,000
1880
1,000
1890
1,000
1880
1,000
1887
1,000
1891
........
1893
1,000
1879
1,000
1,000
: 32-92
___
100
1875 500 &c.
1,000
1881
1891
1,000
1892
1,000
1801-5
1,000
1891
1891
1,000
1,000
1891
. .. .
____
1875
1875
1875
1887
: 1892
1891
1873
! 1893
100
100
100
....
1,000
1,000
1,000
1 000
1.000
1,000
1 . too
1,000
96,070,000
6 g. A. 4 0. N. Y. Office, 52 W all St,
800.000
6
j. & j.
do
do
400,000
|M. & N.
5
do
do
14,006,327
6
do
do
J. & D.
375,000
See text.
s e- id. 4 J.
(?>
s e1,225,000
A. & O. N. Y., Mercantile Tr. Co.
5
1,316,000
6 g*
g. M. & .V N. Y., J.P.Morgan & Co.
9,652,666
do
do
fa g. Q .-M .
7,511,800 See text. fP. & A.
See text.
19,000
7
J. & D. N. Y .,U n . Tr. A Boston.
5,756,000
5
|j. 4 D.
See text.
.M. & N,
1,667,000
See text.
5
318,000
J. 4 D.
Boston.
6
Semi-an
278,437
5
1 ,000,000
Philadelphia.
6 g. iA. A O.
4,141,000
5 g. J. ife J. Phil., Of. 420Walnut St.
1st coup. Feb., ’97.
1,097,000
3 g- Feb, 1.
8,000,000
1 ,000,000
742,100
6,257,900
996,000
1,347,000
410,000
2 ,000,000
3,000,000
3,500,000
2.500,000
1,333,000 ,
7
6
5
5
5
7
5
Apr. 1, 1919
Jan. 1, 1930
Nov. 1, 1915
June 1, 1930
Jan. 1, 1917
Oct. 1. 1921
Apr. 1, 1933
Nov. 1, 1919
Dec. 1, 1932
Feb. 15,1893
June 1, 1905
Deo. 1, 1921
May 1, 1931
June 1, 1902
1904-5
Oct. 1 , 1919
Oct. 1, 1919
Oct. 1, 1944
1898-1900
Cincinnati.
See text,
do
,-J .
Apr, 7, 1896
—M.
do
Moll,, 1896
May 4, 1896
A. & O. N.Y.,Kessler&Co54Wall Oct. 1, 1905
Oct, 1, 1905
A. A O.
do
do
A, & O.
do
do
Oet, 1, 1905
Jan. 1, 1937
A Jdo
do
g. J. An D. N.Y\,Blair&Co.,33Wall June 1, 1942
g. M. A N. N. Y. .KesslerACo54W a ll May 1, 1941
J. & J. N. Y „ KeasierACo54Wall Jan. 1, 1903
g. J. & D.
do
do
June, 1943
B onus .—T he prior lien 6s are redeemable at 105 after live year
See adv. Ch r o n ic l e , Sept. 22, 1894. General 5s fur $1,000,000 re
served to retire prior Hen bonds and in November, 1895, $359,000 fo r
future additions, etc. tneome mortgage sinking fund is $20,000 p e r
annum (from Oet. 31, 1895), cumulative, before payment o f dividends.
Car trusts for $52,781 are payable during the year ending O ctober
31, 1896.
A n n u a l R e po r t .— Report for 1894-5 (see Y. 62. p, 183) covers 13
C h ic a g o A W e s t e r n I n d i a n a l i l t . —Owns a valuable terrain a1 j months ending Oct. 31, 1895, ami shows gross, $358,310: net, $147,system of roads affording eotroee info Chicago to the roads named 1683; profit mining department, $57,363; fixed charges, $323,630.—
below. It# lines extend from Dearborn Station, Polk Street, Chicago, See V”. 62, p. 137. Report for calendar year 1894, Y. 60, p. 431, showed:
to Dolton. 17 mile#, also to Indiana State Line, 10 miles, t-o
G rim
Set
P ro fit
Tams
Balance
O agin , 16 mile#, and to South Chicago, 5 miles.; total, 48 ialle«; total
o f railroad, earnings, on m ining, and rents, f o r interest,
track, including 2d. M , 4th track# and siding#, 194 m iles; also owns
$91,583
$84,144
$3,743 ‘ $166,984
800 acre# o f real estate, passenger and freight yards, warehouses, i 1891.........$260,276
92,367
73,471
6,665
159,173
elevator#, etc. The Belt Ry. of Chicago leases aiul operate# 72 miles of | 18 9 3 ........ 205,243
Coal output in 1894 was 360.520 tons; In 1893 was 350,567 tons.
the 194 miles owned by the Ch. A W. L. it# semi title# being all held by
President,
Francis
L
Go
wen,
Philadelphia.—(
V.
59,
o.
116.
290.
472.
the companies leasing the Chicago <& W. I.; see Y, 60, p. 1056.
501. 600. 835; V. 60, p. 43 l , $35, 1057; V. 61, p. 63, 516, 610, 1012;
XjMasw$s—This company’ s road and terminals arc leased under per V. 62, p. I » 3 , 547. 588, 726.)
petual eon tract# to the Wabash, the Chic. A Grand Trunk, the Chicago Sl
C in e iu u a t l D a y t o n Sc f r o n t o n , —Nee Cincin. Ham. eC Dayton.
Eastern tlllnot*. she Chicago A Erie and the Deal#vill© New Albany A
Chicago, each o f which five companies own# $1.000,000 stock. They
C in c in n a ti H a m i l t o n Sc D a y to n I t y .—(See Jfupd—Operates a
are also leased to the Atchison, the Elgin Joliet A Eastern and the Belt direct line between Cincinnati and Toledo. Ohio, with branches to
Railway. The annual rental# provided by the lease# must always ex- Indianapolis, Ind., and I ronton, on the Norfolk A Western, ©to.
eacd by at least 20 per cent the interest on the bonds at any time out
Roads controlled—
Mites.
Road owned— (fs See this Go.)MUes.
standing.
Cioclnuatl to Dayton, 0 .. — .. 60 Cincinnati Ham ilton A In d ..,11 99
Cincinnati
&
.
D
a
y
to
n
.........
.
13
Cincinnati
Dayton
&
Iroafon*.10
i
C a p it a l Sto c k , $5,O00,OOO, all owned m above stated. Dividends ( ’in. Dayton A Chicago, e to ....!4 3
6 p. e. la 1892; in 1893 *3jml ; in 1894,6 p, c,; in 1895, 6 p, c,
Total o f a i l . . . . . . . . . . ........6 4 1
T ra c k a g e ......... ....................... 2o
Bowls leased—
Owns join tly with Big Four DayBerni)0 .-# 9 dk | h ra4 p aym en ts tamount! rig in 1894 to about $145,000)
annually retire » portion o f the first mortgugta bond* at 105 and inter* Dayton & Miehiguxt......... ...U142 ton A union.
e*t„ and after they aru $ 1 d n v r : the general mortgage bond# become
H is t o r y * E tc.—Chartered in 1816. Main line opened In 1851,
•tslijeet to same stating fund and will'be drawn at name price In such Lea-Hed Hue# iwlded at various time# since. In July. 1895, the Gin.
annual arooitnla a t w ill retire the debt at or before maturity. In Sept., Dayton A I ronton and Cin, D. A Chicago were form ally-consolidated
1894, $ 14*41*2,000 general 0# had he-ti Issued, of which $2*300*000 witii the 0. H. A D. R ailroad under the name o f Ola. Ham. A Dayton
were reserved to retiwr first# and $1,900,333 had been paid back to Bait way, V. 60, p. 1104; Y. 61, p. 88. Indiana Decatur & Western
Company for debt and canceled.
stock control wa* acquired in the Interest o f the 0. H. A D, In Decern bet*,
1895, and that property will bo operated in commotion w ith the 0. H,
A n n u a l R s p o u ff^ F lm l year end# Dee. 31. Report for 1804 wm In A D. system. Y . 61, p. 1064,
tneo m e, ■#l , 140,360» Ope rad » g ©t peases,
V. «i0, p. 1056. _Pnr 1894 , gross Inc*
STOCK.—Capital stock o f C. II, A D. Railway Is common $8,003,000;
Interest and sinking fund, #824*307;
24,307 ; balance, surplus,
surpl
#315,963. (V.
preferred 5 p. e. non-cumulative, $8,000,000. Old ra ilro td comm m
59. p. 423,
3, 476; Y. 60, p, JW, 1056; Vol. 61,
revolved
share* o f the new preferred and 2 share* o f new com
( k i e s g o Sc W eak Tl ic h I g a o i t y , —Owns from Lacrosse, lad., to mon for each old share. Old preferred (4 j>, e, curnulattve) has option
Traverse City* 301 mile#; Allegan to Pent water, 98 mile#; Big Rapid# of remaining anolianged o r 01 exobange for new preferred, share fo r
Junction to Big Rapid#.52 mile#; other branches, 31 miles; proprietary share. The u. D. A L and 0. D. A G. old stocks, which were all in 0.
line, Chicago & North Michigan (opened in J (By, 1802?, Traverse City to H. A D. treasury, were extinguished.
Elk. Rapids and Bay View, 93 mile*; total o f ail, 575 miles,
D iv id e n d s — *83. ’84. *85, *86. *87. *88. *89. ‘90 to July, ‘ 95
Common. P. e l.. 9
6
0
7
6
nil
5 yearly
OSOAKfZATTON, &C,—Organised Jan, 1, 1870,
Preferred, p. e.. 6
6
8
and since 4 per cent yearly.
OoiffON#. E tc.—J one, 489 4, coupon* on gen. mort, were purchased at
On new preferred o f consol, company 1M p. e. was paid in Nov., 1895;
Union Tr. Co,, N. Y., and Old Coumy Trust Co., Boston, v.58, p, 941. In 1898, Fob,, 1% p. e ; May, 1M p, c.
Couponji o f Chicago A Went Michigan general niort., due Dee. 1, 1894,
Bonds ,—T he general mortgage Is for $7,800,000, of which $4,850,000
and June l. 1895.And o f Chicago A North Michigan first- mort. due
K « r . 1, 1894, and M ay 1, 1895, were paid $§ In cash and % in 10-year reserved to retire t he prior liens at maturity; the prior bonds must not
5 p. c, scrip; said scrip to be redeem aide at option o f company. Y. 59. be extended; trustee, Mercantile Trust Company o f N. Y. The mortgage
p. 737; V. 60, p. 748. Coupon* due Nov. i and Dee-, 1. 1895, m will be covers the perpetual lease of the Dayton a Michigan* the profits un
coupons dim M ay 1 and'-Jane i, 1896, were also #0 paid. Jan. I, 1893, der which are large. Y, 54, 799; Y. 55. p. 373. On June 30,1894. cur
loa-i* »nd bills payable, #50,O(M>; unpaid ooopon#, $155,490. Equip rent liabilities of C. H. A D, were $1,699,575. Offsets, bonds owned
$2,334,150: stocks, $595,633; cash and current assets, $3,504,854.
ment t»>ud# authorbseti, $500,000.
G u a r an t ie s .—T he 0. H. A D. guarantees certain semi rides of the
D iviu enu s —I n 1887, 2H p. c.; In 1888, 2 ; In 1889,2? In 1890, 3; in
Cincinnati
Hamilton A Ind. and Dayton A Michigan—which see.
1891, 3%; In 1892, 3 1#; in 1893, Feb., 1 *9 p. <M none since.
In May, 1893, C. H. & D. interests in Alabama Great Southern were
L atett Eakning s .-*- From Jan. 1 to Fob, 29 (2 m onths):
sold to Southern Ey. Control o f Ciu. N. O. A T. P, stock is held by
2 month*.
Qrm*.
Set.
Int., rent.,dtc.
Balance. C, H. A D. and Southern Railway jointly. V. 60, p. 796.
1896 ............
$236,-78
$21.18$
$67,546
«1ef. $13,358
A n n u a l R e po rt .— Fiscal rear ends June 30.—A statement o f earn
230,030
8,921
66.289
def. 57,368 ings for 1894-05 was given In Y. 62, p. 182. The interest on bonds In
1893...... ..........
ANN CAL R koort .—For year 1895 gross, $1,724,047; net, $319,930; clude# fixed charges «»f Cin, Dayton A lronton, Dayton & Mich., etc.
charges,$105,132; tm\.f deficit, $85,182 in 1894 gross, $1,596,518;
Tear ending June 30.
1895.
1894.
1893.
net, $318,758. In 1893 gross, $1,892,710; net* $398,567,—(Y. 60, p. Gross earnings...... ..................$5,039,136
$5,094,812
$5,412,912
347, ? 46, 748; V. 81, p, 703d
Net earnings........................$ 1 ,6 2 7 ,9 8 6
$1,724,404
$1,844,280
$800,462
$849,153
Interest on bond#............... .
$847,200
C h o c t a w O k la h o m a Sc U n i t « R (- Winter, Indian Territory, 0. H. A D. dividends. . . . . . . . . . . .
264,556
261,835
269,112
180,788
via South Me Ale# tor and Oklahoma City, to Fort Reno, 216 miles; D. A M. dividends.. . . . . . . . . . . . .
180,788
180,788
goal mine branches, 4 mile#; total. 220 mile*. The extension. South
M eA few k rlo Oklahoma Olftr, 120 mile#* completed In September, 1895. Balance, surplus ... . .. .. . . . . . $330,8*6
$429,628
$598,474
Extetislon o f 12 tnilea to K* C. Plttebiirg A G ulf I# proposed,
~ (V . 60, p. 796, 1104; V. 61, p. 68, 1064; V. 62, p. 1 82, 232.)
H m o i t . —A reofgasDmtion of the Choctaw Coal A Railway Co.* sold
C in c in n a t i l i t m il to u Sc I n d ia n a p o lis K y , - / See M ap Q. H.
In foreclosure Sept, 9,1894. Hold# valuable coal leaee#.
1& D./—Owns Hamilton, Ohio, wrest to Inl'tanapolls, lud., 99 miles,
Re %bJC*rg«NT.-dhi March, 189-5, It was proponed to issue 80.000
8TorK^—Common stock ($2,500,000) is all owned by the Oineinnatl
#h sre# of 5 per r.ejn6 preferred stock, each share for $50, or $4.000,000'
in all; a* follow#: To retire $1,200,000 general mortgage Imuid* (30 Hamilton A Dayton, Whleii operate# th « road, V. 57, p. X44. P re
per cent of all holding*) 38,400 share# at the rate o f #1,800 atoek for ferred non-cumulative 7 per cent stock, $281,679.
f S,000- bond; to retire- #1*100*000 income*, 12,100 share*. L e.,$550 for
B» »N*n#.—The general mortgage, of which Continental Trust: Go. o f N ew
$1,000 bod 1#; fo r $650,00 ♦cash, 29,500 share#. The general mortgage York ami the Un!<m Trust Co. o f Cincinnati are trustees, is for $3,800,bond* iftrrendgred to be held in the tre m o rs . The Income mortgage 000, of which sufficient reserved to retire first mort. bond# at maturity.
bond* to be ©uneeied. See detail# of plan In v . 02, p, 588,720,
E arning #.—In year 1894-5, gro*a, $630,673; net, $44,388; in tere st
Sf«k3«2—Capital *toek. $3,750,009; par. $50; stock all. held by voting |^26J>00; balance, deficit, $81,112. In 1893-4, gross, $737,181; ne t
trust till July 1 ,1199; voting trtiat certlftcatea issued therefor.
A consolidation in 1893 o f Grand Tow er A Cape Girardeau and Grand
Tow er A Carbondale. Common stock authorized, 81.500.000; non-cu
mulative 5 per cent preferred, $ i ,000,009; par, 8100. A ll outstanding
July 1, 1894, and bonded debt was $9/2,-000; current liabilities,
823,492. First 5a for $1,500,000 are reserved for extensions. Year
ending June 30,1994, gross, $166,301: net, $47,243; charges, $52,965.
—(V. 57, p, 255-)
U
M AP OF THE
at
CINCINNATI, HAMILTON ^
A N D
~~
'
D A Y T O N R A IL W A Y
A N D
C O N N E C T IO N S .
INVESTOES’ SUPPLEMENT.
A ra n .. 1806. j
RAILEOAD
STOCKS A N D
JBCXNUS
40
Subscriber* w ill confer a great favor by givin g Immediate notice o f any error discovered in fltese Tables.
Bonds—Princi
RAU.KOAUS.
IN T E R E S T OR DIVIDENDS.
__
----------- — I Miles K ate i Size, or
pal, Whert Due.
of
For explanation of column headiligs, ifco., see notes of
Par I Amount
Rate perl Wlien (Where Payable, and by Stocks—Last
j Hoad, Bonds' Value. Outstanding Cent. Payable'
on lirst page o f tables.
Whom.
Dividend.
■Cinn. Jackson <t Mack.—1st M. for .i l.SOO.OOO, g.C
Cincinnati Lebanon <f Xarthern—1st m ortgage.,.o
Cincinnati <t Muskingum- Talley—1st mortgage...c
Cincinnati Mete Orleans <£ Texas Facijie—8tocs----Cincinnati Portsmouth el V irg in ia —Common stool
Preferred stock (see te x t)............................. .......
Mortgage. $3£NS,G00f gold,red. at 105..........tsht
Cm. Richmond <£ F t IT.- 1st niort., gold, int. gu.C'
(Jin. Saginaw etMack.—1st M., $2,000,000, cold, o'
ClearlieltU Mahonmu 1st M.g..vu.|'.A i.icnd.j.c'Ar
■Cleveland Akron A Columbus.—B lock..........
General niort. (now 1st.) fo r $1,800,000 gold— o
Eijuti). Trust A 2d mortgage, gold, (See te x t)---- o’
Cleveland Belt if term inal—1st m ortgage.............
COce. Canton if South— Pref. t>p. c. stock (See text).
Recei vers* certificates....... ................................
Cteveianu A Canton 1st mortgage, assumed— c
Equip. Tr. k Improve. 2d M. ($2,000,000) gold o*
Coshocton lit Southern 1st inert., gold, assumed..
Wayneabnrgh A Canton 1st 51., gold, assumed..
CL Can. A So,, consol, 51.. $26.000p. in., gold..
..c"
Equipment trusts June 30,1891
331 1892
38 18 S6
148 1870
336
107
107
108 1893
86 ; 1871
53 1890
26 1893
1.000 i
1.000
1,000
1,000
100
:
iiu
1887 500 tfcoJ
1890
1,000
1891
100 |
161
161
30
6
1887
1891
1 .0 00 I
ill
1892
1,000 !
194
ex.
J. <fe D. Dec.,’ 94, coup, not paid June 1, 1991
200,000
f s- J. & J. Ginn., Fourth Nat. Bank Jan., 1916
7
J. & J. Jan.,’ 88, pd. Apr. 1/96 Jail. 1, 1901
1.500.000
See text.
3.000.
000
Oct. 19, 1891
1.566.000
594.000
50,000
5 g. J. A D/Investm 't Tr.Co.,Pliila. June 1, 1925
7 g. J. & D N. V., Winslow, L. fa Co. June 1, 1921
1.800.000
1,680,000
5 g. ;J. A J. New York and Loudon. J an. 1, 1920
650.000
5 g. J, fa J j N. Y., Guaranty Tr. Co. Jan. I, 1943
See text.! Ann’lly.
.............
4.000.
000
Oct. 3, 1892
1,800,000
5 g. M. & S.jHamilton Tr., Bk’lyn. Moll. 1, 1927
6 g. F. «fe A , do «& SOB’ w ay.N. Y. Aug. 3. 1930
730.000
902.000
5
J. fa D. Boston, Co.’s utlice.
Jan. 1, 1941
See text.
124.000
2.000.
000 5
J.
J. July, 1895, not paid.
July 1, 1917
1,065,000
5 g. A. fa O. Apr..’93.coup.last paid. July 1, 1917
600.000
5
J. & J. July. *93, coup. Inst pd. July, 1917
200,000
5 t IJ. & DJ June,’ 93, coup, last pd. June 1, 1928
See text.
May 1, 1942
5 g. M. & N.i
' .........
602,834
6
M. & N .
Boston.
$4,235,000
$1,000
1,000
1,000
100
i ‘ ooo !
1.000 !
1 .0 00 !
C i n c in n a t i J a c k s o n fa t l a e k l n a w I t K . —Owns from Carlisle,
Report for year ending June 30,1895, wa< in V. 61, p. 702, showin g
O., to Addison, Mich., IBS m iles; Allegan to Dundee, Mich., 133 miles; gross #256,693; net over taxes and rentals, $39,459; no charges—spent
brunches. 3 m.i trackage to Toledo, etc., 25 tn.: total, operated, 34 9 for construction, improvements, etc., $27,135. In 1393-94 gross, $254,*
miles. M m trackage over C. C. C. fa St. L. into Cincinnati and traffic 756; net, $35,303; improvements, $26,782. In 1892-3, gross, $277,135;
arrangement over B. fa O. into Chicago. I t is proposed to build from net, $44,744, spent tor improvements. (V. 61, p, 702,966.)
Franklin to Middletown. 10 miles, to connect with the Middletown fa
C in c in n a t i R i c h m o n d Sc F o r t W a y n e I I R .—Owns from Rich
•Cincinnati RR., which will be used into Cincinnati. See V. 62, p 548.
Extension from Jackson to Addison, 20 miles, is being built by the mond, Tnd., to Adams. lad., 86 miles: leases 5 miles of P. F. W. fa C.
Leased
for 99 years from Jan. 1, 1871, to Grand Rapids fa Indiana for
Cincinnati & Jackson, which was organized for the purpose.—See V.
net earnings. Interest i* guaranteed by the lessee and bythePennsyl
61. p. 324,793.
vania Co. andPittauurg Ciu. Chicago fa St. L. Co. jointly. Gross earnings
HisTOKr.—In 1894 Messrs. C. B. Brice and others acquired control o* Jan. 1 to Mar. 31, 1896 (3 mos.i, #101,957. In 1891, gross, $414,782;
stock Interest on new firsts due Dec. 1, 1894. was sot paid and F* net,$133,472; m t on bonds #126,000; reutal, etc., $31,046; deficit, for
B. Drake Was appointed receiver. Current liabilities June 30,1894* year, $23,574. tn 1B93, gross, #436,832; net. -117,784. StocK, $1,#127,925.
709,313—par, $50, o f wiiich Penn. Co. Dee. 31,1894, owned $1,256.*
R ;o r o a m /.utio x F l a * .—Reorganization Trustee is F. P. Oieott* 900. Due guarantors Dec. 31, 1894, $1,243,212.
Wit i J. N. Wallace, Secretary, 54 w a il St., N. Y. The plan o f Dec. 10,
C le a rfie ld Sc 71a 1*on.1 n g R y S e e M a p B itf. R o ch . t£P itts .) —-Owns
1895 (V. 61, p. 1106; provide*, after foreclosure, for new common
stock, $5,000,000; preferred stock, #5 ,000,0 0 0 : 1st mortgage 5 n. c. road, comidete*! in 1893, from Du Bois June, Penn., on Buff. R. & P .t
I
to
Clearfield on Beech Creek R R „ 26 miles. Leased during corporate,
50-rear gold bonds fat #10,000 per m ile) $3,240,000 on present line
for Improvements, todternmnts and rolling stock and for extensions at ♦vistence and renewals thereof to Buffalo Rochester & Pittsburg—
|
which
see—at a rental payable In gold and equal to 6 per cent on
■flo.Ow-per utile* Old 1st 4s, $1,000, paying iissessiaeut o f 2 per cent
I $650,000 stock, par $50, and 5 per cent on bonds, the latter being guar,
will receive $ 1,000 o f the new preferred stock.
p. Jt t., by Indorsement on each. To June 30, 1895, $96,684 was due
Sto ck .—Capital stock is $16,300,000.
Buff R, fa P. for advancements for improvements -see V. 61, p. 710
EahJitKOi,—8 months, |TS05-6 . . . . . . groan, #410/268; net, $68,024 - ( V . 57, p. 1039; V. 61, p. y/o.)
July 1 to Feb. 29.
(1 8 9 4 * 5 .......gr-'*-, 397,702; net, 72,741
C le v e la n d A k r o n Sc C o in m b tiH R a i l w a y . —Owns from HudA n n u a l R8PORT.—Dros# for year ending June 30, 1895, $624,629» ton, O., to Columbus, O., 144 miles; Dresden branch, Kilhuck to T rim
net, $92,609. In 1893-04 gross was $618,123; net, #88,780 J way, 34 miles, and trackage, Oinn. fa Muskingum Valley Ry., Triiiway
rental-, #48,746; tares, $27302; balance for internet, #42,5321 to /anesviUe. 18 m.; coal branches, 12 m ; total, 206 miles.
total interest ehm g m t #160,400. In 1892-93 gross |T8%537, against
His t o r t .—Reorganized under this title in January, 1886. In Septem
#690.588 In 1 8 9 1 - 9 6 0 , p. 130, 176; V. 61, p. 324, 793,870, 1106
ber, 1895, Calvin a Brice purchased control and was elected president.
1154; V. 62, p. 277, 548).
D iv id e n d s ,—I n 1886 and 1887, each 1% per cent; for 1888 and 1889,
_ t i u r i i i u a t i | ,0 h a a «n fa \ o r i t » « r » ! R y..—See Si-ri’tiEJiEWt of
#aoh 1 p. 04 in 1890 I p. 04 in 1891 1 p. c. in Nov.; I111892, 1H in Oct.
October, 1895, and V. 62, p. 502,548.
B onds .—T he equipment bonds are redeemable at 100 and Interest on
C tn e ftn M t t sc v t u + U it m n m V a lle y H y *—
map o f Pittsburg August 1. 1900, and a t 105 and interest on any August 1 thereafter
Cincinnati Chicago & Si, iw b . / - O w n * Morrow. Ohio, to Trinway, 0 „ prior to 193u. Bonds In excess o f $730,000 have been canceled and
148 mile*. Reorganised as now January, 1870, Amount due Pitts. Cfn. cannot now he Issued. Equipment trusts outstanding December 1,
Chicago fa St. L oo n Dec, 31, 1894, #1,081,013, and on unpaid corn, 1895, #408,882, payable monthly ; bills payable June 30, ’95, $33,328.
nous. Including Jaw** 1895, #841 *120, Profit and loss deficit Jan. 1
A n n u a l R rfo rt .—F iscal year end4 June 30. Report for 1804-95
1895, #1*788,430, Capita! stock, #3,997,320 —par, §50—of which Penn.
Co. Dee. 31, 1-894, o w ned #2,430,900. Petmsy H*amlft Bad road owns was in V. 6 1 , p. ? o i. Gross earnings (including Dresden branch) were
$754,000 of the bond*. (V. 55 p 1078. First niort. coup<*u due July 1, #857,930; net, $283,300. Rentals. #27,193; Interest (net), $142,408;
1887* was paid on April 1,1895, at Wtnslow, Lanier fa Co., New Y o r k ; miscellaneous, $55,047. In t #93-94, gross, $806,090; net, $219,906.
V. 59, p. 6 49, 651; V. 60, p. 522; V. 61, p. 420, 70 I .)
January 1,1808,■cnitpbitt.paid April 1, 1896.
€ I e v e I » 11 d B e l* fa T c r m t i m i R R O w n s 6**2 miles terminal road,
EAaxmros. —Year ending Dm,,. 31, 1804, gross, #138,360; net, #72,606; other income, $S§*Sff£h interest, etc*.. $412,206; deficit tor year, or 13 miles including side tracks, at Cleveland, Ohio. Capital stock,
#34,750. In 1890, gross, $488,345. iV» 60, p. 522, 747; V. 61, p. 151; common. $3,001,000; preferred, #168,500. The mortgage is for $1,000,000. fn December, 1895, $98,000 o f bonds were helu In the treas
'V. ffiL p, 54§J
ury o f the company. Mortgage trustee. International Trust Co.. Bos
C ln c lD iiM tl H e w O r le a n s Sc T p I » » I*a eH ie I t y .-—B o a D.—Ope- ton. Interest on the
* Is payable in preferred stock. In Decem
rates Cincinnati Southern Ry., Cincinnati to (Thattanmjga, Tenn., 3'M m. ber. 1895, unfunded debt was about $20,000. For year 1894-95, gross
$27,912;
net,
#1.2,409
-against
net of $9,828 in 1893-84); charges,
His t o k t , Etc ,—Organised in 1881 itmler laws o f Ohio to lease the
Cincinnati Southern"' Railroad, owned by toe City o f Cincinnati. In $2,721; dividends, $3,208 ; balance, surplus for year, $4,480.
October, 1895, a
o f the capital stock (ine!tiding $500,100
<L '
tito n fa So u t tie r n H i< .—Owns Cleveland to Zanes
purchased by 80, By. Co. and #l,Ooo,oo0 belonging to Ala. Great ville, 0., 143 m iles; Canton to Sherrodsville, 43 miles; other branches,
southern Ry. Co., was held under an agreement for Joint benefit o f the 22m.; total.2 10miles. A consolidation May, 1892, (V.54, p. 844).
Southern By. Co. and the Cirtein. Hamilton fa Dayton. bee V. 61, p .26.
B k c e iv k u s iiip .— J. W. Wardwell 1# receiver. In January, 1894,
Ben tat due City o f Cincinnati is now #1,011,000 till Oct. 12. 1896;
f 1,102,000 till Oct. 12,1001, and #1,262,000 till 1906. Betterment# of issue o f $14,000 receivers* certificates was authorized. Consols for
$660,000
Issued, o f which $584,000 outstanding as collateral.
about $150,000 revert to lessor annually. See V. 62, p. 232.
C o m m ittees ,—Cleveland
Oantonjirst mortgage com m ittee: Austin
B s c t lf B B I llB . - f i M. Felton, the President, was on March 19, 1893.
appointed receiver. Car trusts, Juno 30. 1894, $407,871; current Corbin, 192 Broadway, N. Y ., H. L. Thoraell and Charles A. Peabody,
Jr.;
depositary,
Mercantile
Trust
Co. V. 59, p. 697. This committee’s
ItooptRss, $878,046. Offsets: cash and current assets, $505,988.
trust Co. receipts tor #2,000,000 firsts have been listed oh N. Y. Stock
L atrsT RsaJif go*.—From J an. I to Mar. 31, 1896,3 months, gross, Exchange, but no plan o f reorganization issued to A p ril 1 5,1896. The
$224,752, against $798,177 In 1805.
Wildes Committee lias withdrawn in favor of Corbin Committe.
A s m Ah R k to k t .—Barn logs for years ending June 30 have been:
Clwet and <t Canton equip, trust and improrement bondholders’ com
Tear end, June 30.
1805.
1894.
1893.
1802.
mittee.—Morgan Botch, t £ B. Hollins, H, F. Dimock, C. T. B in iey,
Gross earnings...... #3.4-7.942
$3,576,979 $4,174,970 $4,337,498 George P. Messervy, George N. Smalley, Charles H. French; deposita
Net earnings.. . . . . . . $976,767
$912,013
$998,715 #1,137,688 ries Internati* mil Trust Co., Boston, and U. S. M ortgage Co., N. Y. V.
Rentai paid.. . . . . . . . #1,012,000 $1,084,306 $1,116,283 #1,124,121
itctnlidaU-ii )/(,/•';/«(/— i!obert -Mar!;iy, Louis C.
Dividends..............
.......
.......
. . . ___
60,000 Ledyard and William Roteh. Coshocton d: Southern— V. W. Smith, 0,
Miseellaneoua........
35,367
........
........
. . . . . . . . W. Plummer and O. Prescott; depositary is International Trust Co.,
Boston; more than two-thirds have been deposited.
Balance.. . . . . . . df. $70,600d c f.f 1722293 sr.$117,570 d ef.940433
Fon euu >s u k k .—K n»ekerboeke^ Triisti Co., trustee o f consol, mortgage
—17,59* p. 697, 920, 1141; V. 01, p. 26, 67; 4'. 02, p. 232.)
o f 1892, filed notice o f foreclosure proceedings mi Nov. 16,1894.
C in c in n a t i P o r i m n o a t h Sc V i r g i n ! * H R , —Owns from IdleInternational Trust Co., Boston, trustee o f Cleveland fa Canton firs t
wild. to, to Sciotovilic, 1.06 miles; trackage p te , Lebanon fa Nor. mortgage filed its foreclosure suit in March, 1896. Suit for foreclosure
to CiocmnatL 4 m iles; total, 112 milm, Ohio fa Northwestern was sold o f Coshocton fa Southern mortgage was instituted in December, 1895.
in foreclosure March 13, 1890, and reorganized. Preferred stock is ©n* -s e e V. 60, p . 656; V. 61, p.240, 1154.
titled to 5 p er
dividends, then m m m tm to 5, theft both pro rata.
Oo u i 'oh P a ym e n ts .—Cohbons due Ju*y 1 , 1894, on Olev, fa Canton
B og os—1b June, 1895, issued a mortgage fo r $300,000 o f 5 per ’firsts were paid Deo. 8 1 ,189 L Jan,, ‘95, paid June29. 1895; July, 1895,
e m t bonds for Improvements and equipment. #50,000 were ontatand- . and Jan., 1896. coupons were not paid. V. 62, p. 40. October, 1803,
itix In ApriL 1896, and additional ’ itnads tor $100,000 had been sub* j interest on equipment mortgage went unpaid. Coshocton tfi Southern
snribed for. Bonds are subject to call at 105 on ninety days notice I11 Jan., 1894, and Wayneshurg d Canton Dee., 1893, interest not paid.
the order o f th eir numbers. Trustee, Investment Trust Co. o f Phlla,
Sto c k .—On June 3 0 ,1894, capital stock outstanding was $12,799 E ar viva s.- 7 months., > 1 89 5-6 .......gross, $179,875; net, $32,647 I 453, of which #4,151,209 was common and $8,648,250 p re fe rre d ;
July 1 to Jan. 3 1.
{ 1894-5.. . . . . . .gross, 154,891; net, 28,073 I funded debt, $5,175,834; floating debt, $1,730,822.
INVESTORS’ SUPPLEMENT.
tVoL. IAIL
n
a
:t r o i
Kalamazoj
[artfor
Ann A rb o r]
MarshalT
'Lawton,
Jchoolcraf
Conover)
Jamestown
Essex Centre
Milan
Tecumaem
fTfllsdale
iCafiropolJs,
Cold Water/ CA.
W hite Pigeon]
I
Manchestej
Jones V:
Rivers]
YCom lter
PHiaflcM
'HorneC
Vieksbui
A3Won
Adrian,.
Union City
klhtabuia
Hudson
Sturgis
>inesvll!e
.MeudviUe
TOLEDO
J51I<luu i
o] F ayette
Andover
W E*
Goshen,
£jm\atr
CLEVELAND
fikon<mc*ro
MilfordK
dymouth
25
A villa
^nimrnjb.
O
PQ
Frtnmmt,
irtmn
ConUmmto
■'s.
Laketom
3
s
§
M
Bluffton.
{Anoka/
Blinker Hill
'Greenwich
Bearer ,Bndic*te
Kenton,
IT T S B U R G
MtGIlead
Celtim?
a
i nt. 7
}
LjitroWv, * •
>V;
M
*v
--'"•>
\AJ ' iGrmm^mtSL,
,Y ' ~ a
\«
V
Mi note]
» f Sidney
W »tbin #oit
pn-mim
\
Springfl.'S.
A V tkwjmt
COLUM BU
W Xvw*t*«reh
Cam hr
Ur#MaxticHl
=Cecnl.n^'
itushviihv
[u m M I I r
Franklin
sWjw4tlnglo«
MantdttfteWr
Logttni
Martett*-
Mou-atiiaiC
Cdafteburg/
jGtvensburg
Columbus
$jg\ •rtjrk<-r»t«i!rgl\
IkttftrlHwtef"
lltUaboro
V ^ :1
1
/'Mtineaaatit
[COllSellsvllk*
e | J W H E E .U N G
Cwaibridsvj
8tttin.v,yjc^/
niatro Ilk’
don.
, smuhmvJlte
IDJANAPOLIS
irlamC
Kive|*orr
Gallon
l'.rt'mu*y
C O N N E C T IO N S .
s,
56m i <1»a MUls
CLEVELAND, LORAIN e°
• • • WHEELING RAILWAY
AND
Bran-hion
ounpi
Cantoi
Enter|>ri
Mercer?
M AP OP THE
\
t 'oxburgh
Bluflrnm
W abaah
OQ
r/
^SN
iluthwn
Butter
Kiugalantr
w
o
o
H
tt? *<
MtmmJt-
JtochGSter
OQ
/ Huron?» * «
^yCuAij. y
[Warsaw
^ranFUn
k'
52
INVESTORS’ SUPPLEMENT.
[V
ol.
LJXII
S u b s c rib e rs w i l l c o n fe r a g re a t fa v o r by 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 is c o v e r e d In th ese T a b le s .
Bonds—Princi
INTE RE ST OR DIVIDENDS.
RAILRO AD S.
Size, or
Miles
pal, When Due.
Amount
Par
Rate
per
When
Where
Payable,
and
by
of
of
Slocks—Last
For explanation o f oolumn headings, Ac., see notes
Outstanding i Cent. Payable
Whom.
Road. Bonds Value.
Dividend.
on first page o f tables.
C leveland C in c in n a ti C hicago A* St. L o u is —
Common stock ($28,700,000 authorized)
Preferred stock, 5 per cent, non-cumulative........
154
Indianapolis Cincinnati A Laf. m ortgage.......... c
C. r. 8t. L. A C. con. M.,drawn at 105. s.f. 1 p. c.oH 175
Gen. 1stM.. $10,000,000 gold, s.f. not dr’n..c«fer
11!)
Bel. & Ind. le t mortgage (part (Lie yearly)..........
Clev. Col, Cin, A Ind. 1st M., sinking fund..........
391
Con. raort. (see text) drawn at 100 if anst’mp'd 391
Gen. oonsol. rnort, ($12,000,000) gold......c* A r
391
Indian A St. L. 1st mort., in 3 ser. of $667.000.c.
72
2d M. ($2,000,000), gold, Indiauap. to Terre H c.
72
62
Cl.Ciu.Ch.&St.L., White Water branch, 1st, gold.c*
45
Columbus Springfield A Cincinnati 1st M o rt...
45
Spring. A Co*l. Div. (Col. Sp. A Cin.), 1st M., g.o*
C. C. C. A St, L..Cairo V. A Ch. Div. 1st M., goltf-.c" 267
194
8t. Louis Division, collateral trust, gold........c&r
Cin. Wab. A Mich. Div. 1st mortgage, gold........cx 203
Gen. mort. 100 year bonds Tor $50,000,000 g.C'Ar 1,808
$100 $27,987,335 See text.
. ...
100
10,000,000
1,000
379.000 !
1867
7
1880
1,000
724,000
5
7,685,000
1886 1,000&e
1.000
£ g*
1864
88,000
1,000
3,000,000
7
1869
1,000
1874
4,158,000 I 7 or 6 g.
1,000
1884
3,205,000
6 g.
1869
1,000
2,000,000
7
1,000
1882
500,000
6 g.
1890
1,000
650.000
4 g.
1,000
78,000
1871
7
1,103,730
1890 500 Ac.
4= g1890
1,000
5,000,000
4 g.
9,697,000
1890 1,000Ac
} *
1,000
4,000,000
1891
4 g.
1,000
1893
5,000,000
4 g-
O b l ig a t io n s f o r P r o p r ie t a r y L in e s .
Cincinnati Lafayette & Chicago,1st mort., gold.c
Cincinnati Sandusky A Cleveland—Pref. stock...
Consol. (N o v .l) M. (*3,000,000) gold (See text).o
Cincinnati A Spring.—1st m., p.A i.gu. See text.c
2d mortgage, B ig Four owns $526,000 more..o
Cleveland Lorain & Wheel —Pref. stock$5,000,000.
Cleveland Tuscarawas Valley A Wlieerg. 1st M ...
Clev. Lor. A W. Ry., cons. 1stM .,$5,000,000, g.c*
General mortgage, $1,000,000, gold...................
Clev. (&Mahoning Yal.—3d M. (now 1st)................ c*
Cons. M. fo r $3,000,000,gold, (lsto n 58 miles).c&r
Clev. <£ M ar.—1st M., siuk. f., g., gu. by Penn. Co c*
1,000
50
1,000
1,000
1,000
100
1,000
1,000
1,000
56
1871
170
48
48
1888
1871
1872
158
192
1878
1893
1896
57
125
97
1876 500 Ac.
1888 l.OOO&c
1.000
1895
F. & A. N.Y.,J. P. Morgan&Co.
do
do
Q .-J .
F. & A.
do
do
M. & N.
do
do
Q .-F .
do
do
J. A J.
do
do
M. A N.
do
do
do
J. A D.
do
J. A J.
do
do
Various
do
do
M. A N.
do
do
J. A J.
do
do
M. A 8.
do
do
M. A 8.
do
do
J. & J.
do
do
M. & N.
do
do
J. A J.
do
do
J. & D.
do
do
792,000
7 g. M. A 8.
428,850 6 per an. M. & N.
2,571,000
|J. & J.
’
2,000,000
A. & O.
125,000
7
J. & J.
5,000,000
Text. A. & O.
700,000
A. A O.
7
4,300,000
5 g. Q .-M .
1,000,000
5 g. J. & D.
40,000
487,900
7
M. & S.
5 g. |See text
2,481,000
1,250,000
4% ff.lM. & N.
do
do
New Y ork and London.
N.Y., J. P. Morgan&Co.
do
do
do
do
N. Y., Blair 36 W all St.
do
do
do
do
do
do
Aug. 1, 1893
Apr. 1 1896Feb. 1 1897
May 1. 1920
Aug. 1, 1936
to Jan. 1, *99
May 1, 1899
June 1, 1914
Jan. 1, 1934
July 1, 1919
Nov. 1, 1912
July 1, 1940
Sept. 1, 1901
Sept. 1, 1940
Jan. 1, 1939
Nov. 1, 1990
July 1, 1991
June 1, 1993
8ept.
M ay
Jan.
Apr.
Jan.
Meh.
Oct.
Oct.
June
1,
1,
1,
1,
1,
3,
1,
1,
1,
1901
1896
1928
1901
1902
18961898
1933
1936
N.Y.,Winslow, Lan.&Co. Sept. 15,1896
do
do
Jan. 1, 1938
N. Y . Farm. L. & T. Co. May 1, 1935
$15,748,000 can now beissued (since July 1,1894.) for new construction,
E arnings .—S months, ) 1895-6........ gross, $468,602; net, $107,976
July 1 to Feb. 29.
$1894-5....... gross, 470,396; net,
83,468 etc., at the rate of $1,000,000 a year. See V. 56, p. 578,792. Union
A n n u a l R eport .—Fiscal year ends June 30. In 1894-95, gross, Trust Co. of Indianapolis is trustee, vice Theodore P. Haughey.
The C incinnati Sandusky
Cleveland cousols o f 1888 are uow a first
$673,822; net, $99,151; interest, rentals, etc., $241,502; balance,
deficit, $142,351. In 1893-94, gross, $619,306; net, $4,138. V. 59, p. lien ; o f the $3,000,000 authorized, $428,850 can only be issued on re
228, 697, 920. 1006, 1058, 1103, 1141; V. 60, p. 42, 176, 656, 1144; V. tirement o f like amounts o f the preferred stock.
The Cincinnati & Springfield firsts are guaranteed, one-lialf o f them
61, p. 6S, 240, 793, 1010, 1106, 1154; V. 62, p. 40, 84. 232, */j , 456,
by C. C. C. A Ind. (now consolidated with Cl. Cin. Ch. A St. L.) and one635.)
half bv the Lake Shore A Mich. So.
C le v e la n d C in c in n a t i C h ic a g o Sc St. L o u is S ty ,—(See M ap.)—
G e n e r a l F i n a n c e s . — On July 1, 1895, bills payable were only
Operates an extensive system of roads radiating fr in Indianapolis, $3,425, the same as in 1894, against $1,922,001 in 1893; there were
Ind., westerly to Chicago, Peoria and Cairo, 111., and St. Louis, Mo., and $1,132,216 equipment notes, payable in yearly instalments, $393,914
easterly to Sandusky, Cleveland, Columbus an 1 Cincinnati, Ohio, with becoming due in 1895-96. Guarantees interest on Louisville A Jefferson
branches. Extensive terminals In Louisville, Ky., have been built and ville bridge bonds jointly with the Ches. A O. See “ Miscellaneous Cos.”
are reached over the Louisville & Jeffersonville Bridge, tlie company
having trackage to Jeffersonville from North Vernon over the B. & O.
L a t e s t E a r n i n g s .— From July 1 to Feb. 29 (8 months.)—
S. W. V. 62, p. 84. As shown on map the system comprises;
8 mos.—
Ch'ossearn,gs.
Net earn'gs. Int., rentals, <&c.
Balance.
1895-6........$9,455,503
$2,434,777
$1,890,420
sur. $544,357
Owned directly—
Miles.
Leased and controlled.
Miles
1894-5.......... 9,055,364
2,245,772
1,889,373
sur. 356,39 9
Cleveland, O., to Columbus, O ..138 Cincin. Sandusky A Cleve. Ry.—
Gallon, O., to Indianapolis...... 203
Sand’sky, O., to D ayt’n, O.etc.170
A n n u a l R e p o r t .— Annual meeting last Wednesday in October.
Delaware to Springfield.......... 50 Cincinnati & Springfield Ry.—
Report fo r 1894-95, with balance sheet. Ac., in V. 61, p. 554, 567, 593.
Cincinnati to Lafayette.............175
Lud.G’ve(6m .fr.Cin.)toDay’ n 48
Year end1g June 30— 1895.
1894.
1893.
1892.
Indianapolis to Terre Haute___72 Coluin. Hope&Greensb’g R R .— 26
Harrison Branch.....................
7
Trackage into Cincinnati, &o. 46 Passenger earnings.. $3,785,410 $4,104,769 $4,307,371 $3,824,201
Freight..................... 8,783,929
7,866.967
9,338,787
9,129,417
Leased—entire stock owned—
815,317
803,078
769,993
631,768
Cincin. Lafayette & Chic. Ry.— 57
Total included in earns...1,852 Mail and express
Cairo Vincennes & Chic. Ry.—
Trackage in to Jefferson v ille .. (?)
Total earnings...$13,384,656 $12,774,814 $14,416,151 $13,585,386
Cairo, 111., to Tilton & branch.267 Operated; earnings kept separate—
9.750,503 10,964,787
9,838,542
St. Lou. Di v. T. H. to E. St. L. 193 Peoria & East’n Ry. (IT).—
352 Oper’ g exp. A taxes. 10.254,068
76*61
74*80
74*74
71*20
Columbus Springfield & Cm.—
Kankakee & Seneca RR.—
42 P. o. op. ex. to earns.
Columbus, O.. to Springfield.. 45 Mt. GileadShort Line...............
2
N et earnings___ $3,130,588 $3,024,311 $3,451,364 $3,746,844
White Water—Harrison, Ind., to
Dayton & Un. RR. (11).............. 47
263,744
259,235
252,904
244,072
Hagerstown, Ind................... 62 Trackage m. Cent, into Chicago. 56 Rentals, iuterest, Ac.
Cin. Wabash & Michigan Ry.—
Total net income. $3,394,332 $3,283,546 $3,704,268 $3,990,916
Benton Harb. to Rushv. & Br.249
Grand total, June 30,1895.2,394
Other lines (a ).......................... 44 Double tr a c k ........................
56 Interest on bonds ... $2,642,159 $2,554,235 $2,445,135 $2,293,642
U See this company.
Rentals,etc..............
202,547
221,341
281,136276,
Dividends................
500,000
500,000
1,340,0001,34
a No debt, or bonds all owned by Clev. Cin. Chio. A St. L
Balance............ sur.$49,626 sur. $7,970 df.$362,003 sur. $80,742
The company is also one-fourth owner of the Peoria & Pekin Union
Ry., one-seventh owner in the Terminal Railroad Association of St.
(V. 59, p. 152, 5 4 1 ,6 2 7 ,6 5 0 , 6 5 2 ,1 1 0 3 ; V. 60, p.
1058, 1104?
Louis and two fifths owner of the Indianapolis Union Railway and V. 61, p. 278, 5 54, 559, 567, 5 9 3 ; V. 62,p. 84.
partial owner of Dayton A Union.
C le v e la n d L o r a i n Sc W h e e l i n g R .y .—
M ap.)—Owns fro m
H i s t o r y , E t c .— A consolidation of the Cincinnai Indianapolis St
Louis & Chicago Railway Company, the Cleveland Columbus Cincin Lorain, O., to Bridgeport, O., opposite Wheeling, W. Va., 158 m iles;
nati & Indianapolis Railway Company and the Indianapolis A St. Louis Lester to Cleveland, 28 miles, and branch to Bellaire, O., 6 m iles;
Railway Company, made in July, 1889. It is one o f the so-called total, 192 miles, and has trackage into Wheeling.
Vanderbilt roads. The St. Louis Alton A Terre Haute main line and
H i s t o r y .— This railway is a consolidation Nov. 23, 1893, o f the C. L.
branch were purchased in 1890 for $10,000,000 o f 4 per cent bonds.
In 1889 acquired the entire stock of the Cairo Vincennes A Chicago & W. ra ilroad and the Cleve. A Southwestern. (See V. 57, p. 808.)
S
t o c k .—Common, $8,000,000, and preferred, non-cumulative, 5 p. o.
and in 1890 leased the Peoria A Eastern (which see). In 1890 also
practically absorbed the Columbus Springfield A Cincinnati and the $5,000,000, par $100. A fte r dividends o f 5 p. e. have been paid on the
Cincinnati Sandusky A Cleveland. Entire common stock of the latter preierred and common both stocks share alike.
Is owned, and under a lease running till 1969 interest is paid on bonds
D iv id e n d s .—On preferred in 1896, March, 1 p. c.
and dividends on preferred stock. V. 51, p. 457, 608.
B o n d s .—The consolidated mortgage for $5,000,000 (U. S. M tge.
C a p i t a l S t o c k .— According to Ohio statutes company has privilege Co., N. Y., trustee) covers 192 miles main line, including the exten sion
o f retiring preferred stock at par after June 27, 1892. On Jan. 1, 1890, of 28 miles to Cleveland, completed in Dec., 1894; also 70 miles sidi ngs,
the common stock was $20,500,000, and it has been increased to pres equipment, terminals, etc., now owned or hereafter acquired. The
ent figure to acquire stocks o f lines absorbed, etc.
mortgage provides the retirem ent of the Cleve. Tusc. Val. A W heeling
D iv id e n d s —
1890.
’91.
’92.
’ 93.
'94.
firsts at maturity. The general mortgage for $1,000,000 was issued
’ 95.
’ 96.
4 p. c.
3
for improvements.
3
3 none none
5
5
„ 5 p. c.
-5
-5
..
„5
below.
D i v i d e n d s on pref.: In 1887, 3 p. c.; in 1888,2; in ’8 9 ,2 ; in 1892,
Preferred in 1896, Jan., 1M p. c.; Apr., 1*4 p. c.
E ar n in g s .—7 m onths,) 1895-6..........Gross, $980,589; net, $302,252
B onds .—T i e sinking fund provision of the Cleveland Columbus C in
July 1 to Jan. 31.
$ 1894-5.......... Gross, 864,940; net, 285,080
cinnati <£■Indianapolis consol, bunas of 1874 may be oanceled at option
R e p o r t .— Year ending June 30, 1895, gross, $1,360,465; n e t, $401,
o f holders, and the bonds so stamped. The principal of these bonds is
payable iu gold, but the interest is payable at option o f holder either in 428; interest charges, $264,000; bal., surplus, $137,428. In 1893-94,
gross, $1,182,044; net, $329,617. In 1892-93 gross $1,442,182; net
law fu l money at 7 per cent per annum or in British sterling at 6 p. e.
Of the Indianapolis <£• St. Louis first mortgage bonds senes “ A ” are $361,101.—(V. 60, p. 43, 177, 349, 1058; V. 61, p. 703; Y. 62, p. 363,
502.)
J. & J.; series “ B,” M. & S.; series “ C,” M. <fc N.
Of the C. C. C. & St. Louis first mort. Cairo Die. tor $5,000,000, bonds
C le v e la n d Sc M a h o n in g : V a lle y R y . —Owns from Cleveland,
for $237,000 are held in reserve pending certain litigation As to O., to Sharon, Pa., 81 miles [57 double track]; Niles, O., to New Lisbon,
these bonds see Su p p l e m e n t o f July. 1893.
O., and branches, 44 miles. Leased to N. Y . Penn. A Ohio till 1962;
The $10,000,000 St. Louis D ivision boiuls o f 1890 issued to the St. rental $514,180 per year, payable monthlv.
tn 1895 consols for
Louis Alton & Terre Haute in payment for its line from Terre Haute $100,000 were issued for double tracking and terminal improvements
Ind., to Ea3t St. Louis, 111., and branch, 193 miles, and now forming and $581,000 to retire prior bonds. Coupon interest is J. A J., regis
the St. L. Div. o f the C. C. C. A St. L. are now a first collateral lien on tered interest, Q.—J. 3tock is $3,000,000, o f which $2,758,250 is held
that line; $303,000 bonds are held in the sinkiug fund. The bonds are by “ Atlantic First Leased Lines Rental Trust Co.. Limited,” of London.
not subject to call. They are direct botids o f the Clev. Cin. Ch. & St. L. Dividends; 11 to 12*8 per cent per annum.—V. 57, p. 179; V. 61, p. 966’
and are secured by deposit in trust of a purchase money mortgage for
*10,000,000 executed by the Cairo Vincennes & Chioago, which purC le v e la n d Sc M a r ie t t a R y . —Owns from Marietta, O., to Canal
ohased the St. Louis Div. in 1890. For deed of trust see V. 52 p 42-45 Dover, and branch, 99 miles, and 8 miles, V alley Junction to Canal
As to the C incinnati Waousn <£■Mich. 4 per cents, see V. 52 p 718
Dover, leased. Pennsylvania RR. obtained control in Oct., 1893, having
The 100 year mortgage of 1893 is limited to $50,000,000, o f which purchased about two-thirds of the stock. Stock, $2,000,000—par $100.
$29,252,000 reserved to retire at maturity the bonds now out
B o n d s .— N ew first mortgage fo r $2,000,000 is dated M ay 1, 1895,
standing on the various lines (exclusive o f those on the Cairo division and is guaranteed as to principal and interest by the Penn. Company
the Peoria division, the Michigan division and the St. Louis division (trustee,Farmers’ L. A T. Co., N.Y.). Sinking fund o f 1 p. c. on out
west of Terre Haute). Of the balance $5,000,000 were authorized to standing bonds commences July 1, 1896; bonds bought at or below
b6 sold at onco for doubl©-track, equipment, etc., and the remaining par but not subject to call.
RAILROAD STOCKS AKD
A p r il , 1896.]
S u b s c r ib e r *
will c o a l 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 AILRO AD S.
i
on first page o l tables.
53
BONDS.
Bo »</.•?-Princi
IN TE R E S T OR D IVID E ND S.
Miles Date Size, or
pal, When Due.
Am oirnt Rate Per When
Of
of
Par Outstanding
Where Pav able, and by Stocks—Last
Road. Bonds Value.
Cent. Payable
Whom,
Dividend.
Consol, sink, fund mort. for $5,O0O,O0O,notdr’ n.e 199
199
Gen. M. for $10,000,000 gold /series A , ... — o'
199
guar.
& 1. (end.) Pa. RR- i series B .........
Constr'ri and equip’ttae.,Ser. “ A ."d r'll at 100 c . . . .
Oter. Terminal d I',tile-, -Stock, $".200,000 is prof.
1st M.. $0,000,000 gold. guar, by B.& O. end '
....
Count Is i. o f X. Scotia.—1st m ort...................
Oolebrookdule- 1st mortgage.........................
Colorado Midland Receivers’ certiflcatee............ i . 1 S
240
1st mortgage. $25,000 per mile) gold...............o'
267
Consol. >1. for $6,000,000, g d „ guar p.&i. (end.) e
Equip me lit bonds, s. f,, drawn at 105, gold. ,.,.c*
Equip. bonds, B., dr'll at 105 after 1894, g o ld .. .0.
7
Aspen Short One, 1st 51.. gold, Interest its rental
BuskTmmel E ’y 1st SL, gold, guar., red. at tOS.e- . . . .
....
Col. 1Tyomintj d Of. .Vo.—1st M „ $6,000,000, gold,
63
CoiambiaXeKh.d Umrens— ls tM ,to r$ l2,000 p.ra.,g
Col‘imbue tt Cincinnati Midland—Common stock.
Preferred stock (see remarks) non-voting..........
70
1st SI.,ext., guar. p.&i. (eud.)Cent.0.aaaB.»40.c'
Columbus Hooking Valley <1 Toledo—Common stock.
Preferred 5 per cent stock, mm-cumulative._____
76
C’oL A Hock. V at 1st mort., Odum, to Athens..e*
118
Cot A Toledo 1st 51. (Columbus to Walbridgeb.c*
118
Cot & Tol. 2d mort. (Columbus to W albridge)..
85
Ohio A West Va. 1st mort. (Logan to Pomeroyl-e"
Consul, mort., g , on road and Hocking Coal A KB. 325
Gen. raort,,goSd,on toad A Hocking CoalA RR.Co.e- 325
Car trust bond- for $1,750,00©, gold, see te x t....
Ohio Laud A Ry.Cn. purchase money >L.g.,see text
17
We it-tot, A Jack. Belt L. KB.— 1st 5I..$y00,000,gu.
1867
1892
IS 92
1873
1895
1895
1868
18-88
1890
1888
1890
1889
1890
1895
1887
1884
1867
1875
1880
1880
1881
1884
1894
1804
1895
$50 $11,226,050 7 per an. Q.—M.
7
51. & N.
1,484.000
1,000
3,000,000
1,000
4kjg. J. & J.
4b. g. A. A 0.
1,000
1,245.000
1,000
164.000
7
J. & J.
7,400,000
4 g. M. k N.
6,000,000
1,000
5
;A, & O.
600,000
100 Ac.
e
J. * D.
. . . . . . i ......
147,000
6 g. u . & n .
1,000
6,250,000
4.886.000
4 g. 'F. A; A.
1,000
7 g. M. A- S.
250,000
1,000
6 g. J. & J.
1,000
177,000
108,000
8 K. J. & J.
7 g. J. A- J,
1,000
1,250.000
__...
5 g.
......
1,000
6 g. J. & .1.
706,000
2,000,000
3
J. Js J.
1,000,000
2,000,000
1,000
4%
J. A J.
100
11,696.300
100
2.000,000 5 per an. J. & J.
7
A. A 0SOOAo.
1.401.000
2,.500,000
7
F. A A.
1,000
1,000
600.000
7
51. A S.
1.584,000
7
M. A Jf.
1,000
1.000
8.000.000
5 g. M. A 8.
6 g. J. A D.
1.000
1,618,000
i.o o o
1,484,000
6 g. c y - j .
1,700.000
0 g. J. A J.
1,000
1,000
0
........
300.000
E-UtStSO*.—Yenr ending June 30, 1893. gross. $34$,055; net. $82,029; oilier income, §62; Interest on bonds, $50,093; balance, surplus,
r'fei.-ys. Year ending June 30, 1804, gross a n i i a t * were $292., ©3;
dellci* under operating expel!-*'- and taxes, $15,824; Interest, $53,171;
total defielt-, $68,995. In 1892-93 grew*, $362,025: net, $38,874; de
ficit under Interest, $16,503.—(V. 60, p, 391, 873, 1053.)
C le v e la n d A P i t t s b u r g I t I t . —- v . Mop Pennsylvania Railroad.
i Cleveland,O., to Rochester, Pa., 124 mil**; branches—Bayard, G.,toXew
Philadelphia, 31 mile-; Yellow Creek to Bellalre, 43 m.; trackage. Roch
ester to Pittsburg IDttUb. Ft. Wayne * Chle,),26 tulle*; total. 234 miles
LKase—Lesiaed tor 909 rears from 'Dee.. 1.1871, to PenesyTvaijla KR.
Co., and lease transferred to Pennsylvania Co. Reutat, 7 per cent ob
$ 11,226,050 stock, and organization e *pen«es, the lessee* assuming all
liabilities. Original -took and -crip $21,478.
BoVD*.—General mortgage bond* are all equally sen; red and bonds
tanned he called for the sinking fund. .See guaranty, V’ . 56, p. 604.
ExasiXfi*.—Report for year ending Y ov, 30, 1895, was given In V,
$2,0,546. P l e d to lessee wa* $342,001 lu 1895, against loss of
$55.452lu 1.80-1, loss tu 1893i>! $225,792, protit in 1802 o f $149, and
loss lit $14,703 In 1891. (V. 60, p. jo t, « « . » ; V. « 2, p.g/r, 540.)
C le v e la n d T e r m i n a l A V a lle y >< I t . —.V,. Map R aU im ort .*
Ohio, ow n s from Cleveland, Ohio, to Valles June;Ion, 75 miles, and
13- mile* of -inail branclscs. bur- ■:*-■■ir as per plan lu V. 60* p -437
ami V, d l,
70, to V’alley it
tot Ohio, sold lu foreclosure Hept
l o . l - 'i '. . The H iirimore A Ohio ..uttrou the new com p«:;y ami a
trofilu agreement a — made wl (h W u - l l I I .V Lake Kris. ( V 61.p. 929.)
Stie'K —o f tliu $.5.200,00*1 tmnmsm (par #50) it,A O. owns # l ,591,300P reb rrsd stock Is fo r $2,200,000, par 41 IK).
it * -s i>#—T b - first mortgage is fo r $6,00©,0©0 at 4 per cen t* and
bomb are guaranteed, principal and Interest, by the B. A O., endorsed.
O m e n - -P resb lro t, Thomas M King, o f Philadelphia. V iceP resi■dent,Secret;try and Treasurer, Henry M„ K- :;n Directors. Thomas 51,
King, o f Philadelphia; W. II. Blackford and Ales. hbaw. o f Baltimore;
L, v l Bo'-k)t!-. " f Canton: is. A. b a r n tfe ii, J 11. McBride, Henry M,
■'Keith, 9. T Kvcret t and P, if. Golf, o f Cleveland, ( V. oo, p, 437, ,9 9 ;
V. 61. p. 70, 153,198, 241, 473. 569. 601, 793, ory.j
C o lo r a d o M id la n d it I t . —Owns from Colorado Spring- to New
Castle, Col.. 234 miles; Asjsm branch. IS miles; Jerome Park braneh,
15 mile*; leases New Castle to Rifle Creek, 14 m.: Rlofirande Junctlou
B 8 .. S U t Cnck,O bL, io (irttid Junction, on the D earer A Rio Grande,
62 **.; other, 7 ta.; total, 350 miles. Busk Tunnel, from Busk to Ivanhoe, was completed In Dr A , 1893.
B B lh s t n*t> STOCK-—Completed Oct. IS , 198*. and in October. 1890,
Atchison purchased entire capital stock o l 38,000,000, Y, 51, p. 808.
R tia B T tW B ir, K tc .—Receiver is George W. Ulstlne. Consolidated
mort. Interest due Feb, 1, 1894, and interest on first mortgage duo
June 1, 1894, wo* not paid. Foreclosure sttlu under first and the conseL mortgage* hare been consolidated and are still pending. V. 61,
p, 557. KcnrfiMfiwtlaa la s b e j u M pending results o f year's opera
tion See V. 62, p. 726.
Jto*bM0i.<>«B»* f '<>gatTTBK. —For Colorado Midland firs t and consol.
4s. George Uusie, W. 6 . Rathbo «©, W. IK Moaue, p. p, Oic’ott. Charles
Ayer. James N. J arrle; depositary, O u lra t Trust Co.. Jf. Y. Oscar
Bunk*. Secretary, 41 Wall street. New York. In A pril, 1996, $5,883,
00<> tlryu tout o t $6,250,000) and $3,967,000 consol* (out o f $4,886,OOfn bod been deposited. (See V, 60, p. 114 3 ; T . 01. p. 557.)
Coer* •**. -T he coupon# hare been paid os follow# :
Loon—
Coupons.
When Paid.
P in t mortgage 0#............ ................... June 1,1804
In default.
Consul mortgage 4*.............................. Feb. 1, l i f e !
In default.
Equipment 7. of 188* ..................... : Mar. 1, 1896
When due.
Jan. 1,1898
Jao. 1. 1890
Equipment 8 6* o f 1800.... ...............
Acpen short Lino 8« ........................... Jan. 1,1808
Jan. 1,1696
Jan. 1,1890
Jan. 1,1890
Busk Tunnel 7#................................
Coupons ar<- paid at Central Trust Co.. S ew York.
B o 8 os. —A fwtrnct of first mortgage, In V . 45, p. 540, and. of consol,
mortgage in V. 51, p. 572. Central Trust Compsotr to trustee o f both.
The consol# are guaranteed by Atchison Both issues » f equipment
bond# ate redeemable by sinking fond* at 105, and arc to be paid at
maturity at a m rate. The Rusk Tm m el mortgage i» tor 3 1,500,000.
Due Atchison July 1, 1895, $1,621,012.
iATture E a k n i K os.—yrwtu July 1 to Dee, 31 (6 months). V. 62, p. 728,
Taxes.
It months—
dross
Xet.
rent. etc.
HoInner.
1895 ...... ................ 4958,615 $299,*#8
#77,822 stir. $222,040
1891
................... 806.333
101*106 tent.178,000 #nr.
23,158
For year endtng June JO, 1*95, on 350 miles, carulng#
were given la V. ivt, n, 1$2. Mr, .*tenhrn Littie's report, (tssaeil In Nov.,
:*9i,t tor tbeyearsefeling J tine 30 iott330 tnllee) was riven in V, 59,p. 877,
Tear.
Cross.
Sel,
Rental, fni.ttaal.dbt.
Balance.
1*94-93____$1,502,457 $248,340 *44,017
$8,845
»urJ$l»3,478
1*93(14 ,
( , 4*U.3.VI
0 . 1 6 8 86,603
88.82*
def. 169,262
Floating debt (net) on April 30, 1894, was given a# $183,358.
—IV. 00, B, 431, 536, 747, 794, 872,1143; Y. 61, p. 195, 557.870,935;
Y , 62, p. 3 9 ,136, 182, 232, 318, 720.)
N. Y ,#Winslow, Lanier.
do
do
do
do
do
do
do
do
5Iar.
Nov.
Jan.
Oct.
Jan.
2,
1,
1.
1,
1,
1896
1900
1942
1942
1913
N ew York.
Nov. 1, 1995
Boston Internafi'al Tr.
1945
Phila.. Phil. * R. Office. June 1, 1898
Dee, *93. coupon last M .
Aug./93,eoiip.last paidMeh..*96, pd. when due.
Jan., '96, pd. when due.
Jan.. '98, pd. when due.
Jan., "96, pd. when cine.
Philadelphia.
Balt., N. Fa nil. A Pl.Bk.
June
Feb.
Mch,
Jan.
1,
1,
1,
1,
1936
1940
1898
1900
Juir 1. 1935
1935
Jan., 1937
B a lt, B. & O. Office.
Jan., 1896
N.Y. .Farmers’ L.AT.Co. Jan. 1, 1939
N. Y.. Co.'s Office.
N. Y., Atlantic Trust Co.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Jan. 2, 1896
Oot. 1, 1897
Aug. 1, 1905
Sept. 1, 1900
May 1. 1910
S ept 1, 1931
June 1. 1904
Apr. 1, 1904
Jan. 1, 1914
1915
C o lo r a d o W y o m i n g A r ir e a t N o r t h e r n l t y . —Organized in
l.*95 to build a road from Grand Junction, Col., (on Rio Grande Western
and Denver A Rio Hrannel northerly to Greene River, Wyo. (on the
Union P* Ui‘ with brauohc*. President o f the Construction Company
l- H, c. W;,oIsvortli, o f Dciiv'er; V’ lce-President, 51. Lipman, o f I'iiiladeiphla; Seenttary, H. A. Woodworth, o f Denver.—V. 60, p. 1058.
C o lu m b ia A G r e e n v ille <S, c . ) —S ee So u th ern R a il w a y Co .
C o in m h u s A C in c in n a t i M id la n d I t t l . —f See Map Ball. <t Ohio.)
—Own* from Columbus, O., to Midland City, 0 ., 71 miles; trackage to
Columbus, 1 nillu*. In January. 1890. leased for 999 years to C entral
Ohio, by which assigned to Baltimore A; Ohio. See V. 51, p. 718. Tins
Baltimore A Ohio assume# the Central Ohio’s guaranty o f principal and
interest a t the bonds and of 3 jw-r cent per finnum, payable seml-aunnaBy. eommenrlng with July I. 1895. on the preferred, “ unless oald
stork t » redeemed,” eto) DtvimtNDS—On preferred, lu 1893, July, 1 fe
p.
in 1890. .Ian., m [>. c. R. A- O. owns the common stork. The
debenture* for $2 40,000 s e w all paid off. Net lu 1394-05,$98,004;
deficit under Interest and i.* v<--. >21,3110. Net tu 1893-04. $73,732;
lotenetv 8110.7*2 ; deficit, $35,050.
C o lo m b o * H o c k !•>$ V a lle y A T o l e d o l t y , —(.*'<« Map.)—Owts
main lim- froin Pom oroj. <>., !<> VValbridge, O., 250 miles, with trackage
- IN-nu. RR. Bystem'i WalbtMge t*> Toledo. H mthla; branches to Athens.
Vei-onville. etc.. 73 ml!*-.. W ell*tori A Jackson Belt Line, from
McArthur Junction to Jark-on, 17 m tlr* (opcuoti In February, 1896;
10 mile* i* ,-lm;trift; total, 340 miles; second track, 25 miles.
H is t o r y , a h .— a consolidation in •Inly. 1881, o f the Coluiobu* A
Ho*'king Valley. Columbus ,v liilodo ami Ohio A West Virginia, The
capital stork of rt.ooo.ooo o f the Hocking Coal A RR. Co., controlling
10 ,00© acre# o f coal lauds, was purchased lu 1881.
STOCK*.—Preferred t* redeemable at the option o f the company at.
»a r at any time. O f the *2,500,000 preferred l.ssned, ^ 0 0 ,0 0 0 was
bold in company’# tirosury In Dmromber, 1895.
D iv io * *!>*.—On common stock since ’.881: In 1883. 2«# per cent; In
18*5.13% In *t<»ek; none ulncc. Dividends on preferred; In 1892,
July. 2D P- e,; tu 1*93. 5; In 1*94, 5; In 1,895,5 p. c.; In 1896, Jan., 2%.
Bonos —Q o m o lU M td mortgage * « « for 814,50(>,000, o f which $(!,500,000 reserved u ■ meet prior lien#: hut In 1892 $777,000 consol#
reserved f o r 7 per cents due Jan, 1 ,1892, were canceled, the 7 per cent#
having been retired with preferred stock. The Central Trust Company
I# trustee. The general infrrlg ige. at 1884 Is tor .$2,000,000, o f which
$382,000 were In treasury In !>■*,em ber, 1895,
The car trust bonds are secbredsOa equipment casting over $2,600,000, on which $1,300,0<K) had been paid in 1804, and they also cover
ftlftO.OOO of new equipment purchased with their proceeds. The sink
ing fund will retire about oim-tenth of the Issue yearly, the bond* being
subject to call at par and Interest. l#«m*l $1,750,000; outstanding
Jan. 17,1896. $1,484,000. There have been roi lm l under the provision#
o f the sinking fund $266,000.
The Ohio Hand S Ry. bonds f$ l,500.000 authorized, N. Y. Security Ss
Trust Co., trustee) are guaranteed prhicljial and Interest by t he 0. H.
v. * T. Ry., and a tr » endorsed. They cover about 11,000 acres of
coal lands, and are subject to call for the sinking fund at 110 and ac
crued Interest, any Jan, I (since 1806-1 Sulllcteut o t the loan Is
reserved to take np all prior liens. Receipts from royalties on land
o w a x l by the company were animated at $103,000 for the year ending
Deo. 31,1893.
Wellsian d Jaekmn Bell Line.—The $300,000 first mortgage bonds
are endorsed with the O. If. V. * Toledo guarontoo o f principal nail
interest. Capital stock 1# $141,000, ot which 51 per cent la owned by
0. H. V, A T. V. 62, p. 724.
Os visual F in a n c e *.—la January, 1806, a decision In favor o f this
company In an old salt released $382,000 o f Its 6 per cent bond# depos
ited since 1891 a# security. The judgment hadbeeu carried tu bill# pay
able which w ill be so mttoh reduced.—V. 62. p. 413, 725,
a n n u a l R e po rt .—F luent year cml* December 31. Annual meeting
will hereafter be held the third Tuesday In March. Report for 1895
was in V. 62, p. 724. Traffic K mostly freight, and 64 per cent of this
bituminous coal. The grades have been so reduced that the average
train load o f freight is large—In 1894, 450 ton#.
Tear c » « f i » p D « . 3 1 1893.
1894.
1893.
1802.
Orosaearning*................*2,676,421 82.6*8,700 $3,270,362 *8,372,585
................
>
1 " ■Miscellaneous..................
19,600
10,000
10,000
10,000
Total receipts.............$1,220,213 $1,255,920 $1,471,627 $1,577,457
Takes...............................
$90,951
$96,123
$92,096
$85,310
interest on b on ds..........
923,030
923,030
923,030
923,030
Interest on car trusts......
90,765
02,572
00,809
51,327
Other Interest
...... ...
19,004
9,864
6,450
4,455
tnt. to Fa. (Jo. on lease,&e,
1!
25,765
25,646
26,804
Dividend on preferred. ..(5) 100,000 (5)100,000 (5)100,000(2>a)50,000
$8,572 *$262,989 $430,525
Balance, surplus............def. $0,537
" i Now charged In operating expense*.
• Of this amount $261,514 was spent for construction and equip
ment, Ae., leaving a surplus of $1,475. (V. 50. p. 152; V 60, p. 82,
130,521,522.849,711; V .6 1 ,p .9 0 0 ; V .6 2 ,p . 182,413,548.)
[Vol. LX1I.
INVESTORS’ SUPPLEMENT.
tankers
1J"
M A P
'
O F
T H E
COLUM BUS,
t-
HOCKING VALLEY
AND
T O L E D O R ’Y
^Bereft
MIT. -
jsberwood
Famham 1
Desliicr"
^Wellington
I Paulding
X ,
Republic
vChlcago Jc
y\
,
y ^ a w London
\ \ Medina
\
,
x
i'
j^Greenwicli
^Shiloh
Scott
Ai'te
■N°*
Van W eri
ov0°
CrestoriN
p
J^SLelby^Tc. ^ /Ashland,
vWooater
7
?S1:
/ Cridersville
p
Anfcenytovra
a
Minster
0
Cosliocton>J
^Pottersi^urg^,
-- ST-
6 Utica
Marysville
^d&ford Cen.
^Urbana
Springfield
- COL.
V,Johnstown <-
Dresden Jc(j
111
y
Alechanlcsburg 3
S.
A llen tow n ^
R RAY CITY
_UOli
_J Iston
. *Budhtel
nels
6n v j l l e
KSi/lina
%
^ a v e r iy
ffig »
Jackson,^^" A
MahttrtS
A i
f Sargents
>Wetmore
\Johnsons
V/
V 1
"mDavis ^ 0t iT * j y
•^Unlonlj
Fuhraeek
-^^Kiles
Swing.....
.Vinton
,PorteiA*
W r^L
m» ,.
owAddison
MM T.PLEASANT
Evergreenrk
GALL! POLISH
$/
yjf
\£»^^^XSeiotovIUe
K'Leon *
,
,
, •PMt. Vernon Y
Frankin -u. I
j
\
^Furnace £ Culbertson
Greenup
Ai'buckle
A?)
lG rim m ’s
| Landing
a Buffalo
,
tg r R O N T O N L
a
^
q M idway
b ’ ETERS^URG
A s flL A N D ^ ^
/yo
^e^^hflorst
,A &
Grayson^
j'jDenton
X a & O.Jc,
Willard13
;
Louis*
Richardson
OHIO
O
'
A PftlL,
1896.)
RAILROAD STOCKS AND BONDS.
55
S u b s c r i b e r s w i l l c o n f e r » 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 .
Bo i
Pripcl INTE RE ST FOR DIVIDENDS.
EA II.ROADS.
Miles Date Size, or
A mount
pal, When Due.
Outstanding Rate Per. When Where Payable* and by Sloctcs—IsA&t
of
Pur
of
For explanation o f column handinge. * 0., see notes
fioad. Bonds Value.
Cent. Payable
Whom.
Dividend.
on flrst page o f tables.
Col. Sand, d Bock. R R . - U t M., $2,000,000, g ...c '
General mortgage, $10,000,000, gold.............. c*
Income bond*. nou cumulative, g o ld ..................
Zanesville Term’l Co. 1st tu. fo r $000,000, gold.o'
Col. Ter. & Tr.uisf. mtge. $330,000 gu. C. 8. & H.
Car trusts................... ..................... ...................
Columbus Southern.—1st mtge., $12,500 p.xu. gold.
Columbus d Xenia—Stock, 6% per cent rental........
Concord d Claremont (N . B .j—1st m ortgage....... 0
Concord .i- Montreal—Steel!, Class l. iB. C. 3c H. pf.)
Stock. Class I I iB. C. A M. n ew ),...........................
Stock, Class III. (B. C. & M. old stuck)................
Stock, Class IV . (Concord) $6,000,000 auth. Text
Best. Con. A Mon. Improvement mortgage........ c
Concord A Montreal consol.mort-for$5,500,000.c*
Cont. d Ookl'd— 1st M „ g „ $200,000, dm. at par..
Conn, d Possum.—P r e t stock, 5-6 p. c.ren'l,99yrs.c1st more. (White K iv. June, to Canada line) gold.e*
Maseawtppl st’k, guar.same dlv. as Conn. & Pass.
Newport I Richford 1st m a rt guar, by C. A P.o*
Concord d Ports.—Stock,7 p.e. rn’ l, 09 y r». Cono’d ..
Connecticut H irer-Stock 1$2,670,000 authorised)..
Serip, redeemable In ten years In cash or bonds..
Bonds, not mortgage, for $1,000,000, gold------ c
Connecting (P h ilo ,)—1st m., gtt. p. A L Fa. HR. en. c
CorntcaU d Lebanon.—Stock..................................
Sew 1st mortgage for $800,000......................... r
Ocetson d Jrcon'u—1st mortgage, $500,000......... c
Cumbered d Ohio—8n.Dlv.lst M.p.dcl. gu.by 1..& X.
Northern Division 1st mortgage.........................
Cumberland d Pennsulmnia— 1st mort. gold,guar.
Cumberland Talleg—Stock ($484,900 Is preferred).
1st and 2d ms- gold (2d $109,500 due Apr, 1908.)
227
227
4
....
88
55
71
....
....
1895
1895
1895
1890
1893
1889
1894
....
.....
166
262
1881
1890
1890
110
37
22
47
80
80
1893
7
24
24
1881
1893
1893
1864
$2,000,000
5 g. A. A O.
iSevr A'orfc.
Oet. 1, 1900
7.400.000 2 V 4 g. J. & J. 1st coup, due July, J96. Jan, 1. 194G
4
F. & A.
1.112.000
1945
453.000
5 g. J. A J.
New York.
July 1, 1940
271,000
5
M. & S.
1943
$1,000
1,000
i.o o o
1,000
........
1,000
50
100
100
100
100
1,000
1.000
1,000
io o
1,000
100
1,000
100
100
1,000
1.000
50
100 Ac.
1,000
....
1891
1804
....
57
....
82
1,000
1891
....
50
1856 500 Ac.
C o lu m b u s S a n d u s k y Sc H o c k i n g H i t . —BOkb—Sandusky via
Columbus to Zanesville and southerly to GSooster, Shawnee and
Shawnee Junction, with brauohes; total, 272 utile*, o f which 227
mile* are owned and 45 mile* leased.
H is t o r y , Et c .—A reorg:mtzat.le» !w 1895 (per plan In V, 61. p .26) of
the Col. Baud. & II. By., sold la furcchwiire O K 'U , 1885. V. 61, p.
740; V. 8g, p. 277. For use o f terminals at Columbus the C, S. & ft,
pave $l-5o per loaded car and guarantees to make up any dedetaaef
In bond Interest, Any surplus k*w to stock Issued equally with bond*.
Stock. —Coinmon. $7,500,000; prof. 4 p. <>.. cumul ative, $4,100,000
First mortgage bond* were to payold car trust*. $1,110,677.
old floating debt, $704,107; Improvement* and edtttpiBent,.$180,009:
Of the general mortgage bunds (trustee, Metrop'dlton Trust <30.J—t o w
tome $ 10.00*1.000—$2,541,000 to be placed lu trust a* follow s: $2.000,000 for redemption o f p rio r lien bonds, $200,300 for real esta te
notes, $89,060 for eottpon note* and $255,000 fo r tmrplua bond* to
rover discounts. The •» generate” bear Interest during years 18911 and
1*97 ut 2>-j per cent, during 189“ and 1809 at 8 per cent and there
after at 4 per cent.
Interest Charge —The Interest charge o f now company will bo during
the llrst and second year, $302,300; during the third and fourth year,
£339,406; during fifth and thereafter, gHi.OOO.OOO. at t per cent,
$ 100,tx*». Interest chsrgc on £1,511,000 Income boud* at 4 per cent,
if earned, would add S6O,580 aununtiy.
EsuslXO*.—From July l tu Bob. 29, 1896 (9 month*), grcNM, $60?,867; net after paving taxes atol rentals, $1 “ 6,503. Vear I $05, gross,
4920.321. against $804,877 In 1894. For year ending June 30, 1895.
ton**, $001,303; {let, #144,90#, interest, $156, *30; rental*, ♦75,431;
SeBot on dividend guaranteed P.,SO. Fu d Co., $7,773: dcti. it for year,
£394,748. In year 1894 gross was #801,827, against $797,130 in
1893.
O rrro e w .—(Elected to Nuvnuher. l “")3i President, X'. M m f.trrat;
Vice-President and General Counsel, W. E. Guerin: .Secretary. II. D.
Ttttuey, Tre»urer, ts. C. Hoover.—iV. 50, p, 1140; V, 61, p. 26. 88,
195, 516, 558, 740, 830, 924; V. 62, p. 277.)
C o lu m b u s s u u t h r r n I t j .—Completed In 1890 from Columbus,
Ga,, t » Albany, On., 88 tulle#. Stock, common, $880,000; preferred,
$410,000,
RecElVEBSif!!*.— lit Sept., 1895, T. K, Blanchard, o f Columbus, Go,,
was appointed perifiaucut receiver. |V. 61, p. 170- For year ending
Jane 30,1895, gross earnings were £76.19 c dr Holt under operating,
$2,042; ctiargH*,$73,109, balance, deficit, #75.151. In I “ 93-94 g r«**
$90,641; lies, £15,425,—IV. 60. p. 749; V- 61, p. 195. 470.)
C r i u m b n s k \ «■n ) » ft I t , —Owns from Columbus, (>„ to Xenia, O,55 talks.. Operated a* a division o f the Little Miami, and is leased fur
99 y<sar» front December, 1809, 111connection With that road, to the Pitts
burg Cincinnati Chicago A “ L Ltmls, which pays 9 per cent os stock.
The lease is guaranteed by the Pennsylvania Railroad Company. The
Columbus .t Xenta pay* 89. per rent dividend per annum. 2>. per cent
March 10 and September 10 and 2 per cent June 10 and Dee. 10.
C o u c c rd A T tu u tre a l H i t , —Operates from Nashua, X’ . II., via
Courntd, Plymouth. etc., to G roreten and the Whit# Mountains, 450
mites In all, (iucluding Manchester A Keene, 30 miles, owned Jointly,
and 6 miles operated tor Kilkenny Lumber Oh,), o f which 35 mile*
double track, side tracks in addition, 152 mile*.
L e i .se.-—On Juno 29,1895, leased 414 mile* to Boston A Maine for
91 years at rental of 7 per cent per annum on all classes o f stock. (V.
61, P-2 7,y o u
Brora*.—Capital stock outstanding March 30,1896, (all four classes)
was $7,197,loo. Issue o f £1,200,0OO additional Class TV. stock was
sold at p.»r, stock dated October 1,1893, and rental o f 7 per cent on
stock guaranteed under the lease to the Boston * Maine.
ASkfUl, R e po kt .—Fiscal year end* June 30. Report for 1883-04 was
Itt V, 59, p. 650, showing gross earning*, $2.413,907; net, $691,6*0! rental*. #76,241; interest, #211.200; dividends, #300,000;
balance, surplus to credit Of operating account. #14,339, In 1802-93
gross, $2,509,94,8 : net, #624.84*. (V .5 7 ,p . 7 21,938; V. 59, p. 6.50
V. 60, p. 1009, 1104, I t At; V. 61, p. 27, 68, 871.)
C o n c o rd & P o r t s m o u t h I t K . —Owns Portsmouth, X'. H., to
Manchester. X'. H., 40% miles, and branch 7 miles. Leased to Concord
RR. In 1882 tor 99 years. Lease, rental, #25,000; 7 per cent on stock.
C o n flu e n c e *v O a k la n d H U
Owns road from Confluence*
P a , to Tough Manor, MiL. 20 Wile-; built lu 1989. Leased to B. ,t O
May 1. 1890. forfs.M) years, twatai being interest on bonds. B. A O .
also agree, |p accentand cancel #20,009 o f bonds per annum in pay
ment of freight on Interchanged traffic. Bonds No*. 1 to 10<> may he
calledio first 11v - years, balance in second five years. Trustee, F i
nance Co. of Pennsylvania, stock is £200,000.
C o n n e e t le a t A P a s s u m p s le H i r e r s H i t . —Owns White R iver
Junction, Vt,, to Canada Line, 110 tn.; leases for 999 year* Massawlppi
VaBey, 37 m.
LBAifc—Frem January 1, 1887.
leased to the Boston A
Lowell for 90 year* op » basis to pay Connecticut A Passumpsio stock
5 per cent per anmnn for ton fea r* and 6 p ercent thereafter. In
October. 1887, the Boston A Lowell, carrying till* road, was leased to
Boston A Maine. Stock author)/, ed, $3 ,000,000; outstanding, as in table.
1,087,500
1,786,200
500,000
800,000
540,400
459,600
5,397,400
500,000
5,000,000
140,000
2,500,000
1,900.000
400,000
350,000
350,000
2,580.000
1,290.000
1,000,000
991,000
800,000
800,000
500.000
300.000
300.000
1,006,000
1.777,850
270,500
5 g. F. A A.
See text. Q.—M.
4>g J. A J.
7
Q .-J .
7
i Q .-J .
7
Q.—J.
7
Q .-J .
6
J. & J.
4
.1. A D.
5 g. M. A X.
5 per an. F. & A.
4 g. ;A. *fc O.
5 per an. E. A A.
5
IJ. A- J.
7 per an. J. & J.
10 p. an. J. A J.
4 per an. J. & J.
4 g. M. & S.
6
M.tsAS
2 p. c. In Feb. ’96
5
A. A O.
4
J. A J.
7
M. & 8.
7
J. & D.
5 g. M. A X’ .
8 per an. Q. - J.
8 K. A. A O.
Aug., ’92, coup, last pd.
Columbus, O. .Treasurer
Best., Treasurer’s ottloe.
See te x t
do
do
do
B’ston.Faneuil H a llB ’ k
Boston Safe D. & Tr.Co.
Finance Co., Phila.
Boston, 8. Dep. ATT. Co.
do
do
do
do
do
do
Manchester, N. H.
Boston, Mass.
Springfield, Maas.
Boston, Muss.
Phila,,Penn. RR. uillee.
Co.’ s off., Lebanon, Pa.
do
do
Phila., Fa. RR. office.
N.Y., 1..&N., 120 B’ way
Feb.. 1929
March, 1896
Jan. 1, 1914
Apr. 1, 1896
Apr. 1, 189t>
Apr. 1, 1896
Apr. 1, 189B
Jan. 1, 1911
June 1. 1920
1914
Feb. 1, 1S9G
Apr, 1, 1943
Feb. 1, 1896
Jan. 1, 1911
Jan., 1896
Jan. 1, 1896
Jan. 1, 1903
Sept. 1, 1943
l900-’ l- ’2-’3-’4
Feb., 1896
Apr. 1, 1921
July 1, 1924
Sept 2, 1898
1899
N .Y .Consol. Coal Office. May 1, 1921
Phila. A Chambereburg. Apr. 1, 1896
do
do
Apr. 1, 1904-8
8 kci’ KIt ik “ . Massawlppl stock receives same dividends a* stock o f
lessee,and #400,000 o f It inot included in the amount outstanding]
i* pledged as part seearltV for 4s o f 1893 (#1,900,000 authorized]
which replaced£1,500,000 o f 7s duo A p ril 1, ls93. (V. 57, p. 1040.)
D iv id b » I « since 1880—In 1831, 5 per cent: In 1882 and 1883, 6 ; In
1884, 5%; in 1835 and -fine# at rale of 5 yearly. See rental above.
Average annual net earning* years 1890 to 1392, #219,883.
C o n n e c t ic u t H i r e r H i t . —Owns from Springfield, Mass., to
Keene, X'. f f „ 75 miles; branches, 5 miles; total, 80 tulles.
L * vs*.—Leased for 99 years from Jan. 1, 1393, to the Boston A
Maine, annual rental being $253,000 (equal to 10 per cent per annum
ou present capital stock), payable lu semi-annual Instalments Jan. 1
aiul July 1, and in addition thereto interest on 4 percent bonds and Scrip
and #2,000 for or«anl?.atlon expenses. Lessee pays a ll taxes, operate
lo g ' expenses, etc., but lessor shall issue Its stock or bonds to meet
the cost o f permanent improvement*.
Dtvtnt.xtfs 1876 to 1892 inclusive “ per cent per annum, and now
under tease 10 per cent. In January, 1893, paid *a per cent extra.
BoXbs.—In 1893 #1,000.000 bond* were sold to pay (loatlng debt;
total protit and loss deficit Juno 30,1395, $300,463. ( V. 61, p. 470.)
C o n n e c t in g K y . ( l ‘ h l l * d e l p h t a ) . —ow n * from Mantua Junction
to Fraakford Junction, Fa.. 7 miles; total mileage including 2d, 3d, 4th
track* and aiding*, 47 mile*. Leased to Philadelphia A Trenton for
999 year*, and with that road operated by Pennsylvania Railroad.
Rentel nay*Interest, k i M a m i 6 p ercent on £1,278.300capital Monk
(par $50)—o f which $1,277,790 owned by Pennsylvania Railroad.
Current liabilities June 30,1395, $1,172,250.
C o r n w a ll A A c tin iu m .—Own* from Lebanon, P a , (o Conewago,
22 m l!«*;bn tnt!u *. 2 mile*. Dividends, form erly 4 to 4>a per cent
yearly, were 1n 1893 6 p. o,; also IK 1892-93 paid » special dividend
o f 13 p. 04 tii 1*94. Feb., 2 p, c.; in 1895, Aug., 2 p. c.: Fell . 1996, 2
p, A In year ondlng June 30.1895, gross, $215,804; set, $107.640;
in to rest. *-U',. #40,0001 taxes, $7,211 ; dividends (4 p. c,), $32,000; bal
ance for fea r, #28,429. In year 1893-94 gro«* earning* wore $131,96$; net, $52,964. tn Aug., 1893, car trust Or, $201,090.
(tr e a s o n A I r v o n n H i t . - 3 w u » from < reason, Fa., to Irvona, Pa,,
27 mill!*, and branch to Richland Mint;*, 2 miles. Bncccwsor to the
Cresson A CtcariloU County A Sow York Short Route HR., whlftb was
liought tn Interest o f Pennsylvania RR. at. foreolonure sale early in
1891.
rim road I* operated by l ’nnit. Rlt, for net earning*, stock.
£500,000; par, #50. A ll owned by Penn#. RR. Earning* for year
1895, t i w * , #51,171; net, $5,735; lntorent, taxes, etc., $23,320; bal
ance, deficit, £17,585.
C u m b e r la n d A O h io H R .—(Sec Map Louisvitic ,* Xashcille,)—
Owtm a* fo llo w s S o u th e r n Division, Ciiinberland A Ohio Junction to
(iifca sh iirg, K y.. 31 mile*; X'orthern Division, Hhclbyvliio to Bloomflehl, 27 mile*. The Southern Division wan leased to L A X’ . Bept. 19,
1878, for 25 year*, and the 7* o f 1898 guaranteed principal and inter
est, The Northern Division w e« leased July 23, 1879, for 30 year* to
the Louisville <’Inclimatl A Lexington mow Louisville & Nashville), the
aetearulngato be applied to Interest Mi bond* and slnkiugfund. Interest
on Northern Dlv. bond* was in default In 1893. On Jan, 21, 1896,
John A, Middleton was appointed receiver for the Northern D ivision;
the Louisville, ,v X'ashvtllo w ill operate till* division for account o f the
receiver,—(V. 62. n. 277.) in year 1893-94 net earning* o f Southern
Division. £15,932. against $21,137 in 1892-93, $15,635 in 1891-92;
and of Northern Div., gross, were $29,021, against $26,005 in 1891-92.
—(V. 61, p. 1155 ; V. 02, p. 277.)
C u m b e r la n d Sc P e n n s y lv a n ia K i t . —Owns from Cumberland,
M d„ to Piedmont, M il, and several branche*. 57 miles. Owned and oper
ated by Consolidation Cool Co., which guarantee* by eu loreoment the
flrst mortgage. V 52, p. 390. Stock, #1,500,000; par, $100.
C u m be r In it d V a lle y I t K . —Own* from Harrisburg, Pa., to Potomao
River, M d , 82 mile* (and with leaned lines operate* to Wlneheater, a
total distance o f 116 miles). It leases—-Oninlmrland Valley A Martinsburg Railroad, 3-1 mile*; DiUsburg A Mechanicaburg Railroad, 9 miles;
Southern Pctuisylvania Railroad, 21 miles; controls Mont Alto Railroad,
18 miles, but account* arc kept separate; total operated, 165 miles.
South Pennsylvania nnOitUhed rood, maps, etc., were purclinsod in
1895. V. 61, p. 152.
St u c k .—A uthorized, $2,000,000; outstanding, $ 1.292.950 common,
$241,900 tlrstpref. and #2 13,000 *eootid prof.: o f this $975,800 com
mon and $237)200 preferred are owned l>y Pennsylvania RR, Co.
D iv id e x d *.—in 1880 to 1884. 10 per cont yearly; from 1885, to
April, 1896. both Inclusive, at rate o f 8 per cent jgnrly.
E a it xi.so*.—2 month*, ) 1896........... Gross, #120,901; net, £35,237
Jan. I to Feb. 29,
)1895 ......... .Gross, 109,61-4 ; net, 25,174
R e po r t fo r 1895 was In Y. 62, p. 540. Earnings entire lino as follow s
Tear,
Grots
Set
In t.etc,
Dividends.
JBaL.surp.
1895....... £889,157 #239,597 $45,138 (8 p.e.lfl42,228
$52,231
1894.......... 831,646 255,81(0 51.630 18 p.c.) 14 2,228
58,832
1893.........
919,306 202,264
51,984 (8 p.c.) 142,228
8,052
- Y . 61, p. 152; V. 02, p. 540.
36
INVESTORS’ SUPPLEMENT.
[ VOL, LXII
S u b s c rib e r* w i l l c o n fe r a gro at fa v o r by g iv in g Im m e d ia te no tice o f a n y e r r o r d is c o v e re d 111 tliese T a b le s .
Bonds—Prlnol IN TE R E S T OR DIVIDENDS.
RAILROADS.
Miles Date Size, or
pal,When D u e.
Amount
When Where Payable, and by Stocks—Last
Par
Rate
Per
of
of
For explanation of column headings, Ac., see note
Outstanding Cent. Payable
Whom.
Road. Bonds Value.
Dividend.
on first page of tables.
Dallas Term/. Ry. & Union Dep.—Mtge. $500.000..
Danbury «f X onralk—See N ew YORK N ew H aven A H a
Dayton If Mich.—Com. st’ k (3*9 p.c. guar.C.H.&D.) ••
Preferred (8 p. c. guar. C. II. A D.) endorsed.......
142
1st mortgage, guar. p. A i. end by C. H. A 1)--- c
32
Dayton <f Union*—1stmort., sink, fund (notdrawn)c
32
37
Dayton ft Western—1st M., guar. L.M. and C. A X .c
Dec. Chesap. <t Xew Orl.—1st M., $20,000 p. iu.,g.c*
Delaware—Stock—6 p. c. guar, till 1898, JP.W.&B...- 100
General mortgage, ser. A, for $2,000,000, gohl.c* 117
DU. tt Hound Hr.—Stock—8 p. c. gu. Phila. A Read.
27
1st mortgage........................................................
4
1st mort. on Trenton Bi ., 2d mort. on main line.
Delaware <t Chesapeake— 1st M., guar. p. A i., our.c
54
Delaware it Hudson Canal—Stock..........................
1 st mort. on Pennsylvania Div. ($10,000,000)cAr
Bluff Point Land Improve. Co. 1st M.,gold,guar.c*
Delaware Lackawanna ft Western—Stock...............
Con. M. now 1st M on roaci A equip ($10,000,000)c
Delaware Maryland tt Virginia—Stock...................
44
Junction A B.—1st m. to State,red. aft. Jan. ’95..
44
Junction A Breakwater 2d mortgage................ o*
19
Break. A Frank. 1st in. to 8tat.e, red. aft. Jan.’ 95.
Worcester RR. 1st. M. (s.f. not in operat'n) gold.c*
35
1895
RTFOR D.
1871
1881
1879
1879
1864
1889
1892
1875
1879
1882
1877
1890
1877
I860
1,000
1879
1874
1876 500 Ac.
D a lla s T e r m i n a l K y . Ac U n io n D e p o ts.—Organized in 1894
to furnish terminal facilities to all roads entering Dallas, Texas.
The entire line w ill have about 16 miles of track. Construction begun
in August, 1895, and in January, 1896, live miles were ready tor
operation. A union station is to be built in 1896. I t is said
electric locomotives will be used. The St. Louis Trust Co. is the mort
gage trustee. President is W. G. Connor.
1925
<»>
50
50
1,000
1,090
1,0 >0
1,090
1,000
25
500 Ac.
100
1,000
1,000
1,000
100
1,000Ac
1,000
50
1,000
25
2,403,243
1,211,250
2,728,000
225,000
51,000
495,000
Hi
2,687,332
500,000
1,800,000
1,500,000
300,000
400,000
35,000,000
5,000.000
300,000
26.200,000
3,067,000
526,758
185,000
250,000
200,000
400,000
p. an.
8 per an.
5
7
6
6&7
6 g.
6 per an.
412 g.
8 per an.
7
6
4
7 per an.
7
4 g7 per an.
7
3
4
3
4 g.
A. & O.
Cincinnati.
do
J. & J N.Y-., Kessler A Co., Cin.
J. A D. N.Y., Am. Exch.Nat.Bk.
J. A D.
J A J. N. Y., Bank of America.
J. A J.
j . & j . Dover, Co.’s Ottice.
J. A J.
Philadelphia.
Q.—F. Phila., 240 So. Third St.
F. A A. Phila., Guar.T. A 8.D.C0.
M. A N. Phila., Of., 240 8o.3d St.
F. A A. Phila., 233 South 4th St.
Q—Mch. N.Y.Of.,21 CortlandtSt.
M. A 8.
do
do
J. A J.
do
do
Q .-J. N. Y., 26 Exchange PL
M. A S.
do
do
J.
F.
j.
A.
A
A
&
&
Apr. 1, 1896
Apr. 1, 1896
Jan. 1, 1911
Dec. 1, 1909
A fte r 1910
Jan. 1, 1905
July 1, 1921
Jan., 1896
July 1, 1932
Feb. 20,1896
Aug. 1, 1905
Nov. 1, 1899
Fell. 1, 1912
Mar. 16, 1896
Sept. 1, 1917
Jan. 1. 1940
Apr. 20, 1896
Sept. 1, 1907
J. Phila.,233 So.Fourth St. Jan. 1 , 1932
A.
do
do
Feb., 1899
j.
do
do
Jan. 1, 1932
O.
do
do
April, 1896
H is t o r y , E tc .—T his oompauy was ohartered April 7,1823. It is
one o f the largest miners and carriers o f anthracite coal. See V. 54,
p.799. In June, 1889, the Adirondack Railroad (60 miles) was pur
chased. Of the Rutland Railroad stook D. & H. owns .$3,000,000 pref
an d $l,000,000 common; road is leased to Central R R. o f Vermont.
Sto c k .—I n May, 1894, $5,000,000 stock was sold to stockholders at
par to retire debentures due Oet. 1,1894.
D i v i d e n d s since ('81. ’ 82. ’83. ’ 84. ’85. ’ 86. ’87. ’88. ’89 to M ar ’ 96
7 7 7 6 5 5 6
7 yearly.
1880, per cent___( 4 ^
Dividends fo r 1896 fixed at 7 p. e., payable quarterly.—(V. 62, p. 84.)
B onds .—A dirondack Railroad bonds carry the endorsed guarantee
of the D. & H. as to principal and interest. See that company.
The Pennsylvania Division bonds cover coal lands, oollieries, rail
roads, canal, equipment and all other property in Pennsylvania.
A n n u a l R e p o r t .— Fiscal year ends Dee. 31. Annual meeting Is held
on the second Tuesday in May. Report for 1895 was in C h ro nicle
V. 62, p. 410. Coal (anthracite) carried in 1895, 6,151,147, against
5,751,386 tons in 1894, 6,177,659 tons in 1893 and 6,225,296 tons in
D a y t o n A: M ic h i g a n .—(See Map Cincinnati Hamilton <£ Dayton.)
—Owns Dayton, O., to Toledo June.. O., 141 miles, and leases Deshler to Findlay, 11 miles. Trackage (Lake Shore) into Toledo, 1 ^ miles.
L ease .—Leased May 1,1863, in perpetuity to Cincinnati Hamilton A
Dayton. Rental Is the interest and sinking fund of debt, and 8 per
cent on preferred stock and 3 per cent on common.
S eccrities .—Guaranty on preferred is secured by mortgage of 1871,
but the preferred carries no voting power. V. 56, p. 813. Mortgage of
1856 Is held alive under mortg. or 1881, which is therefore a first lien.
E a r n i n g s .— Protit t o lessee in 1887-8, $363,933; In 1888-9, $348,068; in 1889-90. $379,494; in 1890-91, $392,365; in 1891-92, $386,400;
In 1892-93, $393,870; in 1893-94, $208,316. Gross earnings in year
ending June 30, 1894 (including Troy & Piqua branch, 8 miles), were
Tear ending Dec. 31.
1895.
1894.
1893.
1892
$1,594,166; net, $526,442 ; surplus over interest and dividends, $203,Receipts from coal.
$7,369,379 $7,864,154 $9,939,648 $9,629,333
316. Current liabilities Julv 1.1894, $952,453.
Railroads............ 1 0 ,129,082
9,448,993 10,212,412 10,356 443
M iscellaneous....
1,321,157
755,074
520,258
452,765
D a y to n A: U n io n ,—Owns from Dodson, O., to Union City, Ind..
32 miles; leases Dayton to Dodsdon, 15 miles; total operated, 47 miles,
T ota l..................$18,819,618 $18,068,221 $20,672,318 $20,438,541
Operated by Cleveland Cincinnati Chicago A St. Louis, which, jointly
13,376,733 12,529,548 14,050,131 13,977,757
with the Cincinnati Hamilton A Dayton, owns the capital stock. Au Operating expenses.
surplus earnings over interest goes to a sinking fund for the redemption
o f bonds at not above 100. Capital stock, $86,300. For year ending
N e t................... $5,442,885 $5,538,673 $6,622,1(37 $6,460,784
3.078,492 3,319,960
3,407,637 3,425,320
June 30, 1895, gross, $148,708; net, $63,404; charges, $23,395; bal Int.,taxes& rentals.
ance, surplus, $40,009. In 1893-94, gross, $136,926; net, $49,014;
In year 1892-93, gross, $151,346; net, $73,648; taxes, $3,469; surplus
Balance for stock.
$2,364,393 $2,218,713 $3,214,550 $3,035,464
over interest on incomes, $37,362.
—(V. 59, p. 110 2 ; V. 60,p. 2 1 8 , 3 8 9 ; V. 62, p. 84, 228, 4 10 .)
D a y to n A: W e s t e r n .—Owns from Dayton, O., to State line, Ind.,
D e la w a r e L a c k a w a n n a & W e s t e r n .—R oad - Operates main
87 miles, and leases 4 miles to Richmond, Ind. Leased from January 1, line from Jersey City, N. J., opposite N ew York City, to Buffalo, N Y
1865, for 99 years, renewable forever, to Little Miami, and so operated 409 miles, with branohes to coal region, eto., 491 miles. The system
by Pittsb. Cin. Chic. <fc St Louis. These companies are virtual owners as clearly indicated on aeoompanying map, includes:
and answerable for all obligations. Of bond9 $32,000 are 7s.
Lines owned—
Miles.
Lines leased—If See each 00. Miles,
D e c a tu r C lie *a p e a k e A: N e w O rle a n s R R , —Projected from N. J. State line to N .Y. lin e ___ 115 USyracuse Bing. & N. Y ............ 81
Decatur. Ala., to Slielbyville, Tenu , 78 miles, of which 34 miles fr >m Br’ nohestoN’rthumberl’nd,&o. 9 7 ' IfUtica Chenango & Susq......... 97
Lines leased—
Alabama State line northward are completed. Road was sold in fore
ITValley RR. of N. Y ................. 12
closure Jan. 2, 1893, and company reorganized as the Middle Tenn UMorrls & Essex....................... 120 IfW arren................................... i s
essee & Alabama. V. 56, p. 42. Proposed compromise with creditors IfN.Y. Lackawanna & Western. 214 Sussex, &o................................ 7 7
provided for a fir 4 mortgage for $350,000 to complete and equip road If 1,'ayuga & Susquehanna....... 34
from Shelby ville to Decatur, and for second mortgage bonds, $12,000 If Os wego & Syracuse............... 35
Total operated.................... 900
per mile, to take up present indebtedness. Stock authorized, $20,000
H istory , E tc .—This is one o f the most important o f the anthracite
per mile. David Wilcox, Secretary, 20 Nassau Street, New York.—(V.
coal
roads.
Original
company
chartered
in 1849; present title
52, p. 80; V. 53. p. 58; V. 56, p. 42.)
assumed in 1853. Its leasee lines are mostly held under long
D e la w a r e It It .—Owns from Delaware Junction (Pliila.Wilm. & B al leases, and the system Is compact. In 1894 representatives of the
timore), Del., to Delmar (Maryland line), 95 miles; branches, 22 miles, Vanderbilts entered the directory. See V. 57, p. 721.
First mortgage 6s for $490,000 matured July 1,1895, and were
D ividends —
(1881
’ 82-’ 84
’ 85
’ 86 to A p r . ’ 96
partly converted into stock and balance paid.
Since 1880, p. c.
if 6%
8 yearly
7%
7 yearly.
Leased till 1897 to the Philadelphia Wilmington A Baltimore,
G ener al F inances .—On Dec. 31,1894, accounts receivable (Includ
whioh owns $1,193,325 of the Btcck. Rental, 6 per cent on stock and
interest on bonds; any surplus of net earnings, after paying rental, ing cash and coal on hand, &e.) were $7,316,113, against $8,309,190
divided equally between lessee and lessor. In year ending October 31, Dec. 31,1893; accounts payable. $6,067,451, against $6,563,554.
189o. gross, $1,259,129; net, $428,447; interest, taxes, etc., $56,846;
E a r n i '-gs.—The leased lines in New Y’ ork State for 6 months endin"
21|VJ(i ,?1o2-'?lo < ,4J L:-l)alance’ 8urP1U8’ $214,130. In 1893-94, gross, Dec. 3 1 ,189o. had surplus over charges o f $1,999,601, against $1,290.$1,155,235; net, $33o,442.
005 in 1894. F o r fiscal year ending June 30,1895, surplus, $1,886,766 ,
against $1,349,826 in 1894.
’’ ’
’
1
D e la w a r e A: B o u n d B r o o k .—Owns from Bound Brook (Central
A n n u a l R eport .—Fiscal year ends Dee. 31. Annual meeting is held
Of New Jersey) to Delaware River, 27 m iles; branch to Trenton, etc 7
miles. In connection with Central o f New Jersey and North Pennsylva on the Tuesday preceding the last Friday in February. The report for
The fo l
nia forms a line between New York and Philadelphia. In Mav. 1879 tfc e 1895, with balance sheet, was In C hronicle , V. 62. p. 228
lowing includes all lines except Syr. Bingh'ton & N. Y. anc Sussex RR.:
Year end. Dec. 31.
1895.
1894.
1893.
1892.
Passenger earn’ s.....................
$3,550,504 $3,820,908 $3,655,560
. 1
S5 C h e s a p e a k e K y . —R o * d .— Clayton, Del., to Ox’ Coal freight...................... ........., , 0
10,949,533 10,448,277
f
18,261,937
Mdse&
mlseel............................
ri
„ A, reorganization in 1878 of the Md. * Del. R R
9,396,834
9,302,187
1 he 1 him. \\ lltn. & Balto. owns all the stock ($600,000, par $25) and
operates the line, guaranteeing the bonds principal and interest.
. $21,812,441 $24,167,2-5 $23,406,024
21,246,421 24,623,698 22,820,259
D.On w a r e A M u d « ° 11 C a n a l C o .-rS e e M a p .)- Owns oanal from Coal receipts, etc...............
Rondout, N. Y., to Honesdale, Pa., 108 miles (completed in 1828) and
total gross reoeipts. $44,201,909 $43,058,862 $48,790,973 $467226.283
operates railroad lines extending from Wilkesbarre, Pa., via Albany
f 14,645,398 16,479,729 15,605,979
N Y., to Rouse’s Point, on Canada line, with branches, 680 miles in Rlt. o ..or, ex. & tax. i
betterments...........>37,441,009
.......
464 539
all. The system is w ell shown on the adjoining map, and includes:
Mining, &c.,expen. )
(21,363,797 24,057,843 22,175,902
Lines owned —
Miles.
Lines leased—1) See these cos. Miles.
Lackawanna & Susquehanna.. 22 It Albany A Susquehanna......... 142
Total expenses ...$37,441,009 $36,009,195 $40,537,572 $38,246 420
Valley RR. o f P a ..................... 17 UNew York & Canada.............. 150
6,760,900 7,049.667
8,253.401
7 979 §63
Gravity R R ............................. 56 HRensselaer & Saratoga....... 192 Set reoeipts--------5,406,239 5,412,323
5,360,490
5|366|406
Schenectady <fc Mechanicville. 10 UUnlonRR............................... 22 Interest and rentals.
UChorry V a l Sharon & Albany 21 Jefferson RR. (traokage)....... ' 35
$8ol>eneotady <fc Duanesburg.'. 14 Other lines......... ..................... 4 Balance, surplus.... $1,354,661 $1,637,344 $2,892,911 $2,613,457
Dividends (7 p. 0)... 1,834,000
1,834,000
1,834,000
1,834,000
Total operated..................................................................
68g
Balanee after dive..df.$479,339df.$196,656sur.$l,058,911sur.$779,457
. ,A.ISu„leli s,ia ,U.tl° \ ,Clln,V>n1 * Binghamton and Rome & Clinton RR..
44 miles, sub-let to N ew York Ontario & Western.
’ V ( 625p a * 8 131.RB’41739:) V ’ 60’ p- 17S>301’ 835i v - 61, p. 240,420,924;
RAILROAD STOCKS AND BONDS.
A p k il , I s * 6. j
57
R EA
M A P OF THE
DELAWARE & HUDSON
CANAL COMPANY'S
k
R A IL R O A D
Waterloo
%
CANAL SYSTEM.
R O U S E S p\
wooT r^
sj 'c.:
Newport
Sheldon
/0a
-V
Eee&taantWLfT
PLATTSBU RG ^
Danneia
Prescott;
,
~1
'M iltot/ *
iGDENSSURi
ff
^
* i rerronaA
S O s A B L E t;;
Brockvilli
u r l in g t o n
WUtsboroujjh'
AVhaw 5 !S ?
Clift otT'\
----- <TRssex June-
B
M ontpelier Jc-
sahath town
^ ‘ jjj
Tteppe*
\ • Westpoi
| A D IR C fN D A .C K
Wells River •
A M!aerUl#Qo | j
M OUNTA
j
c2 Middkbury
Port H e n r y * '
um mffiriilc a .w |
' Crown
^r.TiqoN&gsos^
BALDWIN'll
ICONOEVtOGA
jn tt* fo n i
NORTH CREEK
RIVCRS^
WldteJRJon._%:
RUTLAND
Gossetts
pm ®:
ijrilleFl S^Corifti by
j \ j itta«r* Q
/ 0rse«ftet4%
/
^ R ato g a
' *
A
KOWAftO'^
'itopert
f8. l&n&m&axxf
*
t,
\
S E lL c W s FALLS'
X B R ID G E >
3D*tf«tmijQgton
Bmttlehoroi
.Fownal
South Vernon]
t r o y
Miiftmi
Greenfn?
IIotMUt
Hunter'
aitoU
0«~»30Jj^4o»«
iMJJJert H
We*tft*l<r
Summit'
ronoou
.
jS 5 *
tag*©I
*
. MOAlE|bALE
/
rA V -—
U c M »*
ft
Port
JB>i^geport
Rlvcrlwsnd,
Chunk
Reading
Long Branch
IARTF01
INVESTORS’ SUPPLEMENT.
[V ol . LXII.
Bonds—Princi
pal,When Due.
Stocks—Last
Dividend.
IN TE RE ST
RAILROADS.
Miles Date Size, or
Amount
Par
of
Kate Per When
For explanation of column headings, Ac., see notes of
Outstanding
Road. Bonds Value.
Cent. Payable
on first page of tables.
Delaware Susq. <f S. RR.—Stock (aut-li. $1,500,000)
48
1st mortgage bonds ($1,500,000) gold..............e*
D earer Lcadvillc d Gunnison—1st M.t gold...c* vr
Denver d Rio Grande—Stock, com., ($45,500,000) .
Pref. stock. 5 per cent non-oum. ($28,000,000). .
1st inort. $1.000 gold or &206 sinking fund. ,o*.tr 295
1st consol, mortgage (for $42,000,000) gold.c\tr 1,621
Improvement Mort. ($5,000 per mile) gold.. .c\fcr 1,621
Des Moines d- Fort Dodge—Common stock...............
Preferred stock.....................................................
88
1st M. I)cs M. to Ft. Dodge, Series A,int.guar.,end
88
1st mort.. Series B,income,int. guaranteed, end..
56
1st inort. on exton.. Tara to Rutkven, int. guar..
112
Des Moines d Kansas City—Stock..........................
1st M. funding and imp. ($2,000,000), gold..c*Ar 112
Des Moines Northern rfTT.—is t M. $5,115,000,gold.c 150
Des Moines Union—1st M. for $800,000, gold......c“
3
Detroit Bay City d A lp.—See D e t r o i t .A M a c k i NAC.
189
Detroit Grand Haven d MU.—1st equip. M. gu__ c*
189
Consol, mort., guar, by Gr. Trunk of Can.’ ....... c*
Detroit Hillsdale d- S. ir.—St’k,4 p. c. rent’l.L.S.&MS.
65
Detroit Lansing d- Northern—
S e c u r i t i e s to h e R e t i r e d i n R e o r Oa n i z a t ’ n —
D. L. A N. consol, mort. (1st mort.on 167 m.)...o*
Ionia A Lansing 1st M.,extended in 1889,guar.c*
8aginaw A West. 1st M., gold, guar.,endorsed..c*
Gr. R. L. & D. 1st M., ($20,000p.m.) endorsed..c*
222
55
43
55
....
1894
$50
1,000
100
100
1871 500 Ac.
1886 500 Ac.
500
1888
100
100
1874
1,000
1,000
1874
1,000
1881
100
1,000
1892
1,000
1895
1,000
1887
$2,513,793
$1,993,873
347,227
See text.
Philadelphia.
A. A O. PhUadel., Co.'s Office.
M. A N.
N ew York.
(1)
Apr. 1, 1909
Nov. 1, 1918
Office, 47 Win. St., N. Y.
M. A. N. N. Y., FourthNat. Bank,
J. & J.
do
do
J. & D.
do
do
Jan. 15,1896
Nov. 1, 1900
Jan. 1, 1936
June 1, 1928
August. Chicago, C. R. I. & Pae
J. A J. N. Y ., Chic. R. I. & Pac. Co.
J. A J.
do
do
j. & j.
do
do
Aug.
Jan.
June
June
j.
j.
& j.
& j.
M. A N.
1,
1,
1,
1,
1895
19< a
1905
1905
Jan. 1, 1932
Y .. Metropol’ n Tr. Co. Jan. 1, 1915
N. Y., Central Trust.
Nov. 1, 1917
1,000
1878
1878 200 Ac.
100
....
2,000,000
6
A. A O. ' N .Y .A g’cyBk. Com., ( Nov. 14, 1918
3,200,000
6
A. A O. ( Canada & London. s Nov. 15, 1918
1,350,000 4 per an. j . & j . N. Y., Farm. L. &Tr. Co. Jan 5, 1896
100
100
1877 500 Ac.
1869
1,000
1,000
1883
1887
1,000
1,825,600
2.510.000
2.672.000
770,000
566,000
1,108,000
D e l a w a r e S u e q u e lia n n a A S e l l u y l k i l l . —Owns main line
from Drifton, Pa., to Gowen, Pa., 31 miles; branches, 17 miles; total
owned, 48 miles. Trackage—Lehigh Valley RR., 133 miles; other
trackage, 2 miles; total operated, 183 miles. Chartered April 14,
1890: opened Feb. 15,1892. D ivid en d s on stock are not paid at any
stated period. Oct. 18,1892, a dividend of 40 p. c. (the first) was paid
iu cash ; Nov. 25, 1893, 20 p. c. in cash and 50 p. c. in stock was p a id ;
Sept. 26, 1894, 2023 p. c. in cash. Mortgage trustee is Trust Co. of
North America. Philadelphia.
E a r n in g *.—F iscal year ends June 30. In year 1894-5 gross, $1,240,106: net, $300,728 ; other income, $ 1,2 7 4 ; charges, $50,455 ; balance
fordividends, $251,547. In 1893-94 gross, $860,034; net; $446,430.
D e n v e r L c a d v i l l c Sc G u n n is o n ,—See S u pple m e n t of Sept., ’ 94.
D e n v e r Sc I l l o G r a n d e .—(See M ap)—R o ad -—T he lines of this
company, w ell shown on the adjoining map, reach all the important
points in Colorado, while its standard gauge line from Denver via Pueblo
westerly, via Lcadvillc and Grand Junction, forms a link in the trans
continental route to Ogden, Salt Lake City, <fce. Its total mileage
main line June 30, 1895 (including Rio Grande Junction RR., etc., 62
miles leased and 18 miles owned but leased to Rio Grande Western),
was 1,657 miles, of which 682 miles was standard gauge and 296 miles
laid with a third ra il; 2d track and sidings 357 miles, of which 257 in.
standard or 3-rail.
Toe D. P. Denver & Gulf uses Denver & Rio G. tracks from Walsenburg to Pueblo, 57 m., at a rental of $85,000 per annum.—V. 61,ft. 421.
H is to r y .—Reorganization o f a railway company of same name fore
closed July 12,1886. The Rio Grande Junction is leased join tly by
this company and the Colorado Midland, and its bonds guaranteed. Iu
July, 1895. tlie Rio Grande & Santa Fe (formerly Santa Fe Southern),
39 miles road, was acquired in interest of Den. & Rio G.—V.61,p. 68,421.
D i v i d e n d s )1888 1889 1890 1891 1892 1893 1894 1895 1896
<m pref.p. ct. { 3%
0
2%
2 ig
0
2
0
0 below
On preferred in 1896, Jan., 1 per cent. V. 61, p, 1004.
B onds .—Coupons of flic first mortgagesevens are payable at option of
holder either in N. Y. City $35 U. S. gold, in London, £7 4s. 5d. sterling,
or,.1? Amsterdam 86 florins, all free of U. S. taxes. Of the first con
solidated gold bonds (United States Trust Co., trustee) $6,382,500 were
reserved to retire the firs t sevens when due, and they can be issued at
Buell rates ot interest up to 7 p. c. as w ill retire said bonds. Upon pay
ment of the tirst 7s the first consols w ill he a first lien on all the prop
erty, as they are now on about 1,300 miles o f road and all the eoninmeut. Consols for $6,900,000 are also reserved for extension to Ogden,
it deemed advisable. Those unissued may be used with the cousent of
°f. the preferred stock for extensions at not exceeding
$20,000 per mile. See abstract of mortgage in C hronicle , V. 4 7 , p 228
Ik e improvement mortgage (U. 8. Trust Co., trustee), is issued on the
property covered by the consolidated mortgage, and so covers all the
•cimpany's property, following immediately after the consolidated
Mortgage abstract in Ch ro nicle , V. 47, p . 229.
G e n e r a l F inances .—On June 30, 1895, the company held in its
treasury stocks and bonds valued at $1,673,550. The “ special renewal
luud held $451,575. Denver & Rio Grande in 1895 advanced Rio
Grande Southern $169,839 m cash and endorsed $573,498 notes given
fo r Rio Grande Southern floating debt, receiving therefor $671 000 Rio
Grande Southern firsts, one-half o f the stock, and all surplus earnings
,,H ao®h£rl e,8’ ta? ^ '
t 11™6 years from Jau. 1, 1895.-(V.
DO, p. 392. V. 61, p. 4-1.) Dividends on D. & R. G. preferred stock
resumed in January, 1896—soo V. 61, p. 1064.
1
CK
L a t e s t E a r n i n g s .— July 1 to Feb. 29 (8 months):
, 8 mos.
Gross carn'gs. Net earnings.
Interest, etc.
Balance
^
’
$0,186,318
$2,252,995
$1,557,650
sur $695 3-15*
1894-5...
4,732,207
2,018,031
1,602,917
sur 415,114
, dh'NUAi. R epo rt .—A nnual meeting i« held at Denver the third Tuesday ill October Full report for 1894-95 iu V. 61, p. 418. 421 See also
editonal, p. 395. Construction account was closed in September, 1891
since a hen all improvements have been charged against income.
'
Tear ending June 30—
1895.
1894
1893.
1,657
16 54
Average miles operated.............
1,646
Gross earnings.......................... $6,916,840
$6,476,044
$9,317,647
............................ 2,925,628
2,503,493
4,035,562
Other income............................
14,600
10,300
54,575
T otal net income..................... $2,940,228
Interest on bonds.....................$1,997,950
1 axes and insurance...............
342256
Betterments.............................)
Miscellaneous..........................\ 71,332
Di vidend on preferred stock."".
Nil.
$1,500,000 See text.
600,000
6 g.
2,308,000
4 12g.
38,000,000
23,650,000 See text.
6,382,500
7
28,650,000
4 g.
8,103,500
5 g.
4,283,100
763,500 See text.
4
1,200,000
1,200,000
2>a
4
672,000
800,000
5 g.
(?)
2,902,000
4 g.
569,000
• 5 g.
$4,090,137
$1,986,675
352,088
240.000
85,030
109,065
473.000
$87 663
* qoq ana
Balance, surplus..................... $528,690
—- fy .5f). 1*.234. 396, 4 20 , 424, 697; V. 60, p. 392,563 656 928
•61, p. 08, 279, 395, 418, 421, 871, 1014, lO feiI w 62,1, 138, 5 0 2 .7 '
^
D o d g e .—Owns Des Moines to Fort Dodge la
to i"r,V-,Ur w
. ? ut lv<’ n’,5r! miles 1 trackage, Illinois Central, Tara
t o Foi t Dodge Junction, included ubov8. Leased Tan i 1 007
„ pi .Pac for 18 yearsat rental of S O p ^ u t ^ g r l . a s earns, with
^ Per cen^ interest on tlie first mortgage and extension
^ “ ^ “ •and 21a per cent per annum on the Incomes. D iv id e n d s —On
.preferred in 1893, Aug., 2 p. c.; 1894, Aug., 4 P. c.; in 1895, A u | 4p e
F.
F.
7
j.
5
J.
6 g. j .
M.
5
A
A
&
A
&
A
A.
A.
j.
J.
j.
S.
See text,
do
do
do
Feb. 15,
Feb. 15,
Jan. 1,
July 1,
July 1,
Sept. 1,
1887
1888
1907
1899
1913
1927
Rental in year ending Dee. 31,1894, was $132,372; for 1893 was
$138,192; for 1892 was $142,077. V. 61, p. 195.
D es M o in e s «fc K a n s a s C it y . —Des Moines, la., to Cainsville, Mo.,
112 miles, 3-foot gauge. The road is to be made standard gauge.
Entire stock and bonds purchased in December, 1895, by the Keokuk
& Western. V. 62, p. 680. Under the mortgage for $2,000,000
(Massachusetts Safe Deposit Co., trustee), $480,000 bonds were
pledged as collateral for notes given for new equipment, repairs
etc.—the authorized issue is $8,000 per mile on narrow gauge,
$16,000 per mile on broad gauge road. Y. 55, p. 297. On June 30,
1894, loans and bills payable, $693,550. In year 1894-95 gross,
$88,614; net, $13,426. Charges, $4,273. 1893-94 gross, $102,879;
net, $7,617. Y. 61, p. 1064; Y. 62, p. 6So.
D e * M o in e s N o r t l i e r n <fc W e s t e r n R R . —Owns from Des Moines
to Fonda, Iowa, 115 miles, and from Clive (7 miles from Des Moines)
to Boone, 35 miles; total, 150 miles—all standard. In August, 1894, a
controlling interest was acquired by Chicago Mil. & St. Paul, which
w ill operate the road separately. Y. 59, p. 228. Successor of Railway
sold in foreclosure Dec. 18, 1894. Capital stock is $4,372,500; par
$100. Tue first mortgage trustee. M etropolitan Tr. Co., 1ST. Y.
E ar n in g s .—For 6 months ending Dec. 3 1,1895, gross, $230,129; net,
$90,716; charges and taxes, $64,304; balance, surplus, $26,412. In
year ended June 30, 1895, gross 334,234, net, $101,375; other income,
$201; charges, $126,610. Balance, deficit, $25,034. In 1893-04 gross,
$352,173; net, $101,072. President, F. M. Hubbell, Des Moines, la.
(Y. 59, p. 738, 879, 968, 1103.)
D e s M o in e s U n io n .—A terminal road, 5 miles in length. In Des
Moines. Leased to Wabash RR., Chicago Great Western and Des Moines
N. & W. Rental equal to expenses and fixed charges paid monthly by
lessees on wheelage basis. Stock authorized, $2,000,000; outstanding,
$400,000—par $100. Current liabilities, etc., June 30, 1894, $87,741.
Earnings for year ending June 30, 1895, were, gross, $121,061; net,
$29,959. In 1893-94, net $32,284.
D e t ro it D a y C ity <fc A lp e n a .—See D e t r o it A M a c k in a c .
D e t ro it G r a n d H a v e n <fc M i l w a u k e e . —Owns from Detroit,
Mich., to Grand Haven, Mich., 189 miles. A reorganization o f Septem
ber, 1878. The bonds are guaranteed by the Grand Trunk of Canada.
Stock. $1,500,000; par, $50. Real estate mortgages, $226,000. Loans
and bills payable Dec 31,1894, $100,000.
E arning s .—2 months, > 1896......... Gross, $133,393; def.,$4,351.
Jan. 1 to Feb. 29.
S1895......... Gross, 129,314; net,
909.
From Jan. 1 to Nov. 30, 1895 (11 months), gross, $926,758; net,
$108,094.
For year ending Dec. 31, 1894, gross earnings w ere $1,012,584; net,
$150,942; deficit under interest, etc., $222,239—advanced by Grand
Trunk Ry. In 1893 gross, $1,112,722; net, $187,114.
D e t ro it H il ls d a le <fc S o u t liw e s t e r n .—Owns from Ypsilantl,
Mich., to Bankers, Mick., 65 miles. Leased in perpetuity from July 1,
1881, to the Lake Shore & Michigan Southern Co.; the rental is $54,000
per year—4 per cent. Gross earnings in 1894, $40,259.
D e tro it L a n s in g
N o r t lie r n ,—A “ Merriam ” road, extending
from Detroit to Howard City in Nortliern Michigan.
Road Owned.
Miles.
Trackage. OFWliicli see.) Miles.
W. Det. to Howard Citv,Mich.157
Detroit to West Detroit
Stauuton J unc. t o B ig Rapids,
(Mich. C en.)........................ 3
etc
63
Lansing to No. Lansing (Jack.
Belding Branch
1^
L A S . ) ...............................
1
Road Leased-.
Other lines............................. 10
Saginaw A Western RR., A l
ma to Howard City............ 43
Total operated....................334^
Gr. Rapids Lansing & Detroit,
Oper. Separately (int. paid).
Gr. R*pids to Gr. Ledge,etc. 55
Saginaw Val. A St. LouisTT-- 45
R e c e iv e r s h ip .—Tn A pril, 1896, General Manager Charles M. Heald
was appointed receiver pending reorganization.—V. 62, p. 683.
Co m m itt e e .—H. Hollis Hunnewell, Nathaniel Thayer, Alpkeus H.
Hardy, Mark T. Cox and Janies Timpson. Depositaries: Guaranty
Trust Co., New York, or Charles Merriam, Treasurer, 50 State Street,
Boston.—V. 62, p. 456, 635.
R e o r g a n iz a t io n .—The reorganization plan was given in V. 62, p.
319, under which foreclosure begun March 25, 1896. The plan pro
vides for foreclosure and the issue o f the new securities shown in
1896 a^0ve’
97 per cent o f the securities had assented in April,
The holders of old bonds in amounts o f $1,000, with all over due
coupons attached, and the holders o f the old preferred stock in
amounts o f $100 w ill receive :
-W ill receiveHolders of—
New 4s.
Pref. stock.
$750
$737-50
750
529 17
Saginaw & Western 6s......................
750
487-50
Saginaw Valley A St. Louis 8s..........
750
470-83
Saginaw & Grand Rapids 8% stock..
750
470-83
Coupons due in 1893* t......................
par
Ionia A Lansing coupons 1.................
par
Preferred stock..................................
par
* Purchased and still unpaid.
t W ith interest at 5 p 3r cent to A p ri
1,1896, also to be paid in bonds.
|
afril,
isde]
»9
RAILROAD STOCKS AND BONDS.
o feClFlC
Laram ie C ity
^Divide
Ft-CoTlli
BoaldeJ
JBEOt ^}lp>.un
Spring
! D
St o. ^.
D L £
P A R K
DENVER,
wn
-a -
V
k‘r^burg
tkoo
LCNWOOO
Cum©
Baitey
LEAOViLi
(WALT A k]
iCrytiAl t*k*\
Sj'fmjxlrfi
'
C»OAL_E
^V»ta
J%Ca«tl<*TtocM
<nlMug:Tfts \
t"» yula*lv
L
’&Bh*r3s*r»«r I
BOrrvnt-snd /
nj'itlifHT I jxmi'nifonuinen/
. U»” r*t /£ 4
J* n!Ja«WMl /f 3
, n.Btigvrl*.«-?
! CO LO RADC
V ,. S P R I N G S
% WEST CUFF
LAKE CITY
^D URANGO
EL m o p a V
T R I N I D A D *r^
'ANTOjNf T 0
e.s gleville
c« aa
OfaCkUmm-
:S P A N O L A
DENVER & RIO GRANDE
RAILROAD
INVESTORS’ SUPPLEMENT,
60
[VoL, LXH.
S u b N c r lb e n i w i l l c o n f e r a g r e a t f a v o r b y fflv liia : 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 tlie s e T a b l e s .
Bonds—PrinciIN T E R E S T OR DIVIDENDS.
RAILRO AD S.
Miles
-------------------------- — Ipal,When Due.
S pear°r
Amount
Rate per When Where Payable, and by Stocks—Last
of
For explanation o f column headings, Ac., see notes
Road. Bonds! Value. Outstanding Cent. Payable
Whom.
Dividend.
on first page of tables.
Detroit Lansiug dt Northern—( Concluded ) —
Securities to be A ssumed , I ssued , E tc .—
New common stock..............................................
New preferred stock, 5 per cent...........................
Tonia A Lansing 1st mort., ext. in 1889. guar..c*
New general mort., $6,000,000. See V. 62, p. 319.
Detroit dt Mackinac—Stock $3,000,000..................
•• First lien” bonds $1,500,000 gold................. c*
“ Mort. bonds ” $2,500,000 gold, red. at par___c*
Dover t£ Rockaway—Stock 6 p. c., rental 999 years.
1st mortgage.......................................... ............
Du&uque dt Sioux City—Stock..................................
111. Cent., West. lines, 1st M., gold (see text).c\fcr
Iowa Falls A Sioux City 1st M., Ta. F. to S. City..
Cher A Dak and Cedar Rap. A Chic. 1st morts...
Duluth dt Iron Range— 1st mortgage................ e.tr
Income certificates................ .............................
Duluth Missabe dt Northern—1st mortgage, gold...
1st consol, mortgage, $3,500,000, gold . t............
General 2d mortgage ($3,500,000) gold.............
Equipment trusts June 30, 1894.........................
Duluth Miss. River dt No.—1st M., $2,500,000, g..C*
Out. Red Winy dt So.—lst>L,g.,$20,000 permile.c*.fcr
Duluth South Sh.d. Atlantic— Marq.H.AOn.Gen.M.c*
Duluth South Shore A Atlan., 1st mort., gold, .c.fcr
First consol, mort., gold, interest guar...... e\tr
Inc. certs. ($3,000,000 held by C. Pac. Jan., ’ 94)
Car trusts, Dec. 31, 1895.....................................
Duluth Transfer—1st mortgage for $2,000,000___
Duluth (C Winnipeg.—1st M.Tor$7,000,000,gold..c*
Dul. A Winn.Ter.Co. 1st M.,$250,000,g.,guar.p.Ai.
55
320
1869
1896
' all
all
1895
1895
“ 5
524
142
184
197
173
1881
1895
1869
1888
1887
1892
1893
1894
25
156
366
572
1895
1888
1885
1887
1890
1892
20
100
1891
1889
1892
$2,510,000
3,066,047
770.000
3,912,918
2 , 000,000
ib o
900.000
1,000
1,000
1.250.000
100
140.000
1,000
35,000
100
8, 000,000 See
1,000
3.550.000
500 Ac. See text.
3.930.000
1,000Ac
6.332.000
See text.
1.180.000
1,000
2.320.000
1.600.000
364,938
1,000
665.00
1,000
500.000
1,000
1.077.000
1,000
4.000. 000
1,000
14,923,000
3.000.
000
183,586
1,000
1.180.000
1,000 1 2.000.
000
1,000 |
250.000
1,000
No provision appears in the plan for the old common stock.
F ix e d C h a r g e s a n d E arnings .—The immediate fixed charges w ill
be : 4 per cent on $3,912,918 general mortgage bonds, $156,517; 5 per
cent on $770,000 Ionia A Lansing 5s, $38,500; Detroit Terminal
charges, $48,000; total, $243,017. The net earnings applicable to
above charges for three years past have been : In 1895, $272,743 ; in
1894, $221,890; in 1893, $313,778.
B onds , E tc .—On Jan. 1, 1895, current liabilities exceeded assets
by $434,022. Friends of the company p u r ch a s e d the July, 1893,
coupons. The Sept.,’ 93, coupons o f the G. R. Lan. A Detroit were also
purchased, but coupons due in January, 1894, went to default.
L atest E arning s .—From January 1 to February 29 (2 months).
2 m onths. Gross earn 'g s. Net earn'g s.
In terest, <£c.
B a la n ce.
1896............. $151,511
$14,510
$59,897
def.$45,387
1895.............
163,245
17,733
60,169
def. 42,436
A n n u a l R eport .—Fiscal year ends December 31 :
T e a r end. D ec. 31.
1895.
1894.
1893.
1892.
Total gross earnings. $1,149,655 $1,098,723 $1,205,093 $1,265,572
Netoverexp. A taxesv
254,303
200,169
234,306
341,502
Interest paid............
362,130
11366,280
328,036
314,909
Balance................... def.107,827 def.166,111 def. 93,730 sur. 26,593
8. V. A St. L. R R .......def.24,632 def.20,959
def. 13,559 def. 16,907
Tf Includes $46,322 for Detroit terminals; in previous years included
in operating expenses.
—(V. 59, p. 968,1103 ; V.60, p. 347, 747; V. 61, p. 324, 1013 ; V. 62, p.
319, 456, 589, 635, 683.)
5
J. A J.
4 g. A. A O.
See text.
J. A D. N.Y.. J. P. Morgan A Co.
do
do
4 g. J. A D.
6
A. A O. N. Y., 143 Liberty st.
6
J. & J.
do
do
text.
......
N. Y., Office, 214 B’ way.
F. A A.
do
do
do
do
* g- A. A O.
J. A D .
do
do
5
5
A. A O. N. Y., Office, Mills Bldg.
See te x t
..............
6
..............
6 g. J. A J.i
6 g. J. A J. N. Y., Central Trust Co.
..............
4 g- J. A J.
5 g. J.
J.
I g- A.
5 8- J.
F.
July 1, 1899
Apr. 1, 1946
June 1, 1995
June 1, 1995
July 19,
Aug. 1,
Oct. 1,
Dec. 1,
Oct. 1,
1894
1951
1917
1935
1937
Jan. 1, 1922
Jan. 1, 1923
Jan. 1, 1924
A J. N. Y., Chemical N. Bk.
A J.IN. Y ., Central Trust Co.
A O. N. Y., Third Nat. Bank.
A J.
do
do
A A. N ew York or London
___ i
N ew York.
Jan. 1, 1924
Jan. 1, 1928
Apr. 1, 1925
Jan. 1, 1937
Aug. 1, 1990
i eDec. 31, 1912
1903 A 1905
J.
A
J.
July,
’95,
coup,
last
pd.
Jan., 1921
6 g.
5 g. J. A J. Jan., ’93, coup, last pd. July 1, 1929
J.
A
J.
Jan
.,’
93,
coup,
last
pd.
6 g.
July 1, 1922
D 111u til Sc I r o n R a u ; e , —Owns Dulutb to E ly, Minn., 116 miles,
with branches to Mesaba Range Mines, Fayal, etc., 57 miles. Also owns
ore docks, shops and yards on Lake Superior costing oyer $1,500,000.
8to c k , E tc .—Stock authorized, $3,000,000; outstanding. $500,000;
par $100. Land grant from Minnesota about 506,000 acres, of which
208,000 acres had been patented to it prior to April 30,1895. See
V. 51, p. 875. The Minn. Iron Co. owns the stock, the $3,500,000 6
p. C. income certificates and $400,000 bonds. The bonds are author
ized at the rate of $25,000 per mile for construction and $7,000 for
equipment, the Metropolitan Trust Company o f N ew York being trustee.
In 1895 $336,0 10 fir s t s were issued for additional mileage, 13^
miles and $238,000 for equipment.
A 2d mortgage was authorized in 1896 for $5,000,000, o f which
$3,500,000 were to retire the 6 per cent, income certificates.
In year 1895 gross, $2,188,372; net, $1,202,897; other income,
$17,083 ; interest on bonds, $290,202 ; rentals, $1,890 ; improvements,
$8,239; balance, surplus, $919,649. In 1894, gross, $1,516,837 ; net,
$799,588. In 1894 paid interest 011 income certificates, $210,000.
Total surplus Dec. 31, 1894, $1,790,875. In 1893 gross, $1,202,865 ;
net, $611,906. President, J. L. Greatsinger, Duluth.—(V. 57, p. 723; V.
58, p. 3 8 9 ; V. 60, p. 744; V. 61, p. 152, 661, 966; V. 62, p. 364.)
D u lu t h M is s a b e Sc N o r t h e r n .—Owns from Duluth to Mountain
Iron, Minn., 73 miles; branches, 53 miles; total, 126 miles. In Septem
ber, 1893, control o f this road was obtained by the Lake Superior Con
solidated Iron Mines, with a capital of $30,000,000. Stock of D. M. &
N. (authorized $5,000,000) issued $2,506,666; par $100. On June 30,
1894, funded debt was $5,464,938; other indebtedness, $468,997;
cash and current assets, $330,835. I t year ending June 30, 1894,
gross, $743,805; net, $310,344; fixed charges, $237,663.
D e t r o it A M a c k in a c R y .- O w n s from Alger, on Michigan
Central, to Alpena, 105 miles; Loon Lake Brauch, 32 miles; Mud Lake
D u lu t h M is s is s ip p i R i v e r & N o r t h e r n R R . —Operates from
Branch, 38 miles; Omer extension (completed in 1895), 17 miles ; other Mississippi Landing, Minn., v ia Swan River, on the Duluth & Winnipeg,
branches, 49 m iles; Alpena & Northern, 60 miles into timber limits to Hilibing on the Duluth Missabe & Northern, 37 miles. Over the
(which forms part of the extension t > M ackinac); total, 301 miles. latter road it has connection with all points on Missabe and Vermillion
Extension from Omer south to Bay City, 34 miles, is expected to be iron ranges, and over Duluth & Winnipeg with Duluth. The 1st mort
completed in August, 1896. Much o f the brauch liue mileage is tem gage is for $2,500,000 to the Central Trust Co. o f N ew Y o rk as trustee.
porary, built only to bring out lumber. See V. 61, p. 558.
President, A. W. Wright, Alma, Mich.—V. 61, p. 281.
H i s t o r y ,E t c .— Formed in December, 1894, to succeed the Detroit
D u lu t h R e « l W i n g Sc S o u t h e r n .—Projected from Duluth via
Bay City A Alpena, sold in foreclosure. The “ first lieu ” bonds, e <cept Red \Vmg, Minn., and Sioux City, Iowa, to a point opposite Omaha.
$ 100,000 for reorganization purposes, are to he reserved for extensions Neb. Ill operation from Red Wing, southerly to Zurabrota, 25 miles;
to Bay City A Mackinac. “ Mortgage bonds” for $500,000 are reserved branches, 3 miles. Stock, $375,000, o f which $125,000 is preferred,
for betterments, etc., at not over $50,000 per year. Against ttie Alpena Trustee of mortgage is Central Trust Company. In year ending June
A Northern. 60 miles, recently purchased, $300,000 “ first lien ” bonds 30, 189d, gross, $76,622; net, $25,139 ; oliarges, $22,343; balance,
were issued. $500,000 for extension from Emerv Junction to Bay City surplus, $2,796. In 1893-94, gross, $69,467; net, $20,846. President,
and $100,000 for reorganization purposes. The stock and $750,000 T. B. Sheldon. (V. 56, p. 403.)
“ mortgage bonds” are to be held for a time in trust, and if deemed
best may be converted into preferred stock. Full data in V. 60, p. 130.
D u lu t h S ou th S h o re Sc A tla n t ic .—Operates Dulutb to Saul
Sto c k .—T he capital stock is $3,000,000, o f which $1,000,000 is pre 3te. Mane, 409 m iles; “ Soo” Junction to St. Ignace, 43 m.; other, 120
in.; trackage. 10; total, 582 miles. Connects with Canadian Pacific.
ferred, to be issued only for conversion of bonds as above.
L a t e s t E a r n i n g s .— 2 mos. > 1896..gross, $82,647; net, $30,224
Or g a n iz a t io n , &c.—In July, 1888, a controlling interest in this
Jan. 1 to Feb. 29.
$ 1895..gross,
40,760; net, 16,611
company’ s stock was sold to Canadian Pacific parties. The Marquette
Houghton
& Ontonagon was sold in 1890, except its franchise, to the
E a r n i n g s .— For year 1895, gross, $363,212; net, $137,736
In 1894
gross, $232,640; net, $98,610.
’
111101,4 Duluth South Shore & Atlantic, which assumed its debt.
The Incorporators are Anthony J. Thomas, C. I-I. Coster, E. N Gibbs of
C a p i t a l St o c k .—Common stock is $12,000,000 ; preferred, $10,000,N. Y., Don M. Dickinson o f Detroit, George N. Crocker, Mount Clem 000; par both $100. Preferred stock is 6 per cent, non-cum. Canadian
ens, Frank Fletcher. Detroit. Presidenr, C. H. Coster, N Y ; Vice- Pacific Jan. 1,1895, owned $6,100,000 com. and $5,100,000 pref. stock.
President and Gen.-Man., J . D. Hawks of Detroit. V. 60, p. 43,130 711B onds , &c .—A bstract J/rst m ortgage, V. 45, p, 274.
v . b l, p. 281,470, 558.
’
’
The first consolidated mortgage of 1890 has interest at 4 per cent,
D o v e r A R o c k a w a y .—(See Map Central RR. o f N. J .) -O w n s guaranteed by Canadian Pacific, which Jan. 1, 1896, held the entire
f S h i °ir« sn t? ' f f way'
J. ’ 5 miIes- Ceased to Central of N. J. in outstanding issue [$14,923,000] in its treasury as security for its 4 p. c.
April, 1881, for 999 years at b per cent on stock and bonds, taxes, etc. debenture stock; consols for $5,077,000 are reserved for prior bonds
and additional amounts may be issued at $20,000 per mile of new lines,
& S io u x C ity R R - (S e e Map o f Illin o is C e n tra l)Owns Dubuque, Tow*i, to Iowa balls, 143 miles; Towa Falls to Sioux , G e n e r a l F in a n c e s .—On Dec. 31,1895, loans and bills payable were
$2,980,761.
Earnings from Jan. 1 to March 31, 1896, three months
1*4 in lies; Manchester to Cedar Rapids, 42 miles; Onawa, Iowa were: Gross $130,296,
against $392,967 in 1895.
CJ a r F
a
l
l
?
524 miles- Al80lea^
till stooV, ana wlilolj Jan. 1,1895, renewed its lease o f the road until
Aug. 1 , Id o l. This lease is subject to the Dubuque & Sioux City mort
gage securing the Illinois Central bonds. Seeterms of lease V. 61, p. 560
B o n d s . The Illinois Central RR. Company in 1895 issued $3 550 000
of Illinois Central (Western Lines) 4 per cents, secured by a first mort
gage of the Dubuque A Siou x City RR. Co. upon the road from Dubuoue
to Iowa Falls, 142 miles. The Illinois Central owns all the <:herokee A
E arning s .—For year ending Dee. 31, 1895, gross, $1,811,823; net.
$6o4,718; oth-r income, $55,076: interest on bonds, $866,385;
rentals, etc,, $26,736; balance, deficit, $183,327. In 1894 gross,
$1,670,987. Di 1893, gross, $2,072,848.
D u lu t h T r a n s f e r R y . —Mileage of road in June,’94, was 20 m. The
mortgage for $2,000,000 is to the Metropolitan Trust Co. o f New York,
as trustee, and provides for bonds at $50,000 per mile fo r road between
Ironton and Lake Avenue, Duluth, at $20,000 for additional single
track, at $13,200 for double track; and for $750,000 for bonds for
depot grounds, depot in Duluth, wharves, freight houses, etc. Interest
due January 1,1896, was not paid.
B o n d h o l d e r s ’ C o m m i t t e e .—Thomas S. Krutz, Thomas G. H illhouse, W illiam W. Cook o f N ew York, C. L ip pitt of Norwich, Conu.,
and John Foster o f Providence.
1
18 n8,’ 14 0f 1TP?r ccnt; 1,1 1891, 2; in 1892, about l B of
Stocb authorized and outstanding, $2,000,000; par $100. The Duluth
1 p. o., In 93, Jan., 1'4 p. 0.; July, none; in ’94, Jan. 1 p.c.; July, 1 n,p c A Superior Belt lias been organized to extend tlie system to Superior,
_ E* :" }7 koi>— In year ending June 30,1894, on 600 miles duel rvrin.- Wis.—V. 62, p. 232, 277, 589.
F. & Minn.), poas, $2,538,923: net, $376,329; o t t o lnm m « t a r n
D n lu t li & W i n n i p e g . —Owns road completed in 1892 from New
mr?11" ^ V 3’3/ 0' in t »n debt, $517,835; dividends’ (2 ^ Duluth to Deer River, Minnesota, 100 miles, and leases Superior Belt A
Terminal Ry., 12 miles. In February, 1893, control was acquired by
Duluth South Shore A A tlan tic in interest o f Canadian Pacific. V. 56,
A p r il ,
1896.]
RAILROAD
STOCKS AND BONDS.
61
S u b s c r i b e r * w i l l c o n f e r » 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 .
Bonds—Princi
R AILR O AD S.
IN TE RE ST
Miles Date Size, or
pal, When Hus.
Amount
of
of
Par
For explanation o f column headings, Ac., sea notes
Bate
Per
When
Where
Payable,
and
by
Stocks—Last
Whom
Road. Bonds Value. Outstanding
Cent. Payable
on first page o f tables.
Dividend.
90
Dunkirk Atlegh.Tal. <t Pittsburg—1st mart., cokl. e
90
2d and 3d mortgages ($200,000 only are 3a M.i.c
....
Dtirhaiei <f X orth em By.—Stock. $500,000 a util.
42
First m ortgage................ -................................
30
East Broad fop —1st m ortgage............................... r
Pennsylvania—StockOp.e gu.909yrs.PM l.iR.
36
36
ls t il.. gold. guar. p.Al. b y P M L i Read. (e u d j.e '.
-- . .
East St. Louis <* Carondtlet Jly.—Stock..................
First mortgage.................................
c ....
....
East Shore Terminal—l i t mortgage, g o ld ........... e '
Funded coupon scrip (1st and odnsol. mortgages) __
2d M, ($300,000), g „ red. at 105 * lot. any M .iS
....
East Tenn. it Western X. Car.—First m ortgage......
S u i t West A'/A-Stock $1,500,000.
..................
Eastern Kentucky By.—Stock ($1,779,500 Is pref.)
Eastern fX . K .j—Sleek.. . . . . . . . . . . . . . . .....................
16
94
Eel Kiver—Syinsk. 2»# to 3 p. o., guar, b y Wabash...,
E llin Joliet <t Eastern—1*1 M. ($10,000,000) gold.C
185
g&mbeUilmrn L e i. <t Bin Sandy—See C H E U m X f A
. Old
Elmira Cortland <f Xorthem—1st pref. JL. gold..®
120
120
1st mortgage, gold, guar. by Lehigh Valley,.......
Caraatotii 'ortlie ru 1 s t .guar, (.see t e x t ).......
E lm ira 4 Lake Ontario—Sod us Bay i So.—1st M., g . e
34
Elmira 4 Williamsport—fifk . com., 5p. e. ren’l, X.C. ToH
Preferred stock, 7 p. o. rental, 999 yrs., Xo. Cent,; 75 h
U t m ore, run rertlole into common stock at par.r 75 b{
Income bonds, 999 years to run ..................... c
S.5
Erie * puts.—Stock, 7 p. o. recital,999 yr*,.PeunCo
SI
Cou/wiU more, (for '$4,500,000) free o f State tmx.m
81
Equipment bonds.................................... ........ ,e
81
General mart., $-4,500,000 series A , gold, guar,..
1870
1872
....
1898
1373
1S9B
....
1872
1890
1S94
1892
1871
..
....
....
1891
0,
1884
1.984
1886
1884
.....
I860
1863
....
1868
1870
1890
$1,000
1,000
100
1,000
50
1,000
100
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
$2,000,000
7 g. J. * D. X. Y „ X. Y. Cent. A- Hud.
900,000
do
do
A . & 0.
290,100 See text.
150,000
6
JL A X.
4
500,000
J, A J.
, ’85, Int'st last pd.
1,730,450
6
.. Phil. & Read. B
J. & J.
do
do
495,000
± & JL & S.
420,000
200.000
A. i 0.
7
5 g. i-\ a- A.
1 ,000,000
See text
166,480
Text.
277.000
See text.
8 g- JL & S.
250,000
6
JL * X.
1*500,000
......
3,447,300
739,750 3 per an. J. A D.
A. vt 0. Boston, by Treasurer.
3.000.000
3
6,633,000
5 g. M. A X.
750,000
6 g. A. & 0. X. Y., 192 Broadway.
5 g. A. A O.
1,250,000
300,000
6
J. A- J.
500,000
5 K- J. A J. X. Y „ Xat. Bank Com.
500,000 5 per an. M. A X. Phtla., Penn. RR. Cto.
do
do
500,000 7 per ail. J. A J.
1 ,000,000
do
do
J. A J.
6
A. & O.
do
do
570,000
5
1,998,400 7 per an. Q.—-JL X. Y „ Union Trust Co.
do
do
2,109,000
7
J. * J.
do
do
A, A O511,000
7
do
do
775,000
J.
A
J.
# g-
Juno 1, 1900
Oct, 1, 1900
X o v „ 1928
July 1, 1903
Jan., 1896
Meh. l , 1958
Oct. 1, 1897
Aug. 1, 1915
Moll. 1, 1902
Nov. 1, 1905
Dec. 16, 1895
Apr. 0, 1896
ila y 1, 1941
Apr. 1, 1914
Apr. 1, 1914
July 1, 1906
July 1, 1924
Nov., 1895
Jan., 1896
Jan. 1, 1910
O c t 1, 2802
March. 1896
July 1. 1898
O ct 1, 1900
July 1, 1940
p. 245. S to ck —author! red—eonnimn, $3,000,000; pref.. 5 p. c., non cam.. $2,000,000. Stock ou titan d ln gJiiae SO. 1894, $2,806.000, On
October 12, 1-894, W illiam F. Fitch, o f the Duluth South Shore i Atlan
tic, wits appointed receiver, Fortolosun* sale under firs' mortgage ha*
been ordered for A p ril 22Boxtx,—-Trustee o f mortgage fo r $7,000,000 Is the Guar. Trust A
Sale Deposit Co. o f Philadelphia. KakNl •**;*.—lu the fiscal year ending
June 30. 1895. gnr*-. *133,258; net, *31,418 Charges, §112,393,
Balance deficit, $80,975, In 1893-91. rar— ,. #163.600: net. #54.035.
—(V. 38, p. 087; V. 0O, u- 219 ; V. 62. p. 185, 320. 502. 635.)
*hen
till 1895 ami 3 per oent thereafter. The April, 1890, d iv i
dend w a i 1 % p, e. {V. 58, p. 71*1,1110.1*
K l^ iu J o l i e t &
Map) —Owns from Waukegan HI.
on Lake ML. hi gun, via Spaulding and Joliet, to Porter, Ind.,
130 miles* and branches Norma atown to Aurora, 8 ini les—Walker to Cos.
ter. I'll. ■•--32 miles; apunt to coal mines, ate., 15 miles: total owned* 185
mil**; trackage <U S’. A. A Cho-ii^o, i»%; Chlea-to & West Indiana, -1*8;
Belt My. of Chicago, 2 k 16 miles; side tracks owned, 64 miles. An
miter belt line afford!hi? faoilltJea at Chicago for transfer o f freight
from one line to am>th«r without, breaking hulk Al*o roaches coal
fields. In 181*4 trackage to navigable water of Lake Michigan was
D u n k i r k V llea l i m y t a lle y A P l i u h t i r g
from Dun *.i:eiired 1*5* 99-vear contracts with L. 5. A. A Obleugo front Dyer, Ind.,
kirk, X, Y. lo T i’ n,v
400 year* from 1*>73 to mined** State Huo {near JIammond*, 10 miles, and with Chicago A
to X -Y. Central A H »««AL «» b R iver RR,,
t teeonata are kept separate, W. Ind,; from there to South Chicago, •”* .mile*, whore the coin patty* has
f ^0Stt
i
Rental 1* Interest on !>•>»
•at on
Cup 11-*!, $1,300,*
extensive tem l& al property on Caluuiet R iver, including
060; par. Si no. The X. V
&tral St Hudson R
RliverC
re r €5*. o r i « #1.0157,600 ptirdiJi-M'd
L*2f*s feet o f water front. The South Chicago extension was opened
of the stock. In
9 ^ ( 2 ^ ; delicto under Of>«mtlt:*j| ex- Oct. 27, 1891.
-2T. l a I f *
14 gm m . #243,537;
t ,$ l 1
Ot o c il —-Steak, #6,000,000; par, #100.
D u r h a m Sc N o r t h e r n I t
Hoad from Hoad.
Hea«ler#oa lo Durham1
Bout mi. E tc .—First m ortgage {trustees. Central Trust Co. and JL 51.
Jf C * 42 ailJteP. Charter**! la i$ $ ? and Dram g*s*rt o f the •* 8*s*t»o*rd Butter* Is for #10,000,000; the baianee ttnl***ued can be disposed o f for
Ate M a e " system. OtrkteiKli to year I802-03 s a io m t^ t to 3 p. c.
Rtjtiip. not# Juno 30, 1895, $408,583,
} extension s
Harming *.—For year ending June 30, 1895, gru^s. #66*478: net, f and loans and bill* pa
$198,750.
Ollier income, #167, Charge*. #10,372; balance, surplus, ! E arnino s .—8 montl t, l i $05-0....... gross, #812,949; net, #292,720
is
WBBm —
— — m .. . $53,081; net. $9
v 185*1-5... ..gross, 706.902; net, 219,600
[
July 1 to Feb, 21*
lia s * IfroMNMft 'T o p l i l t , A f o u l <'♦>. f IPh*. y«»»0wm» from Moan^ S Astmsgfe RK;r0«T.~-] ‘Isca! year ends June 30. Report for 1894415
Union, Pa., to Wood rate. Pa.. 31
f was given in V. 61,
923, Th** property has been fully maintained
1 4 mites; total, 45 tulle#*
i f 2*677 havitig been spent for ** tindntenaaeo o f
f do tins? tin
•took l » $#15,589 fpftr #50 »* o f m
. C, p r e fe
Hi t $951,310
18934H, and $'100,900 for ** inainteiiancc
gro *«. $ m m m . n&t. ##*520. !Sc-cjulpmcni ** uK&jitkA #100,206.
M m m s m .—Y m r m *U m Sum 3
i&
*n>ss. ? n 1.676. b h , «
..240.
. J u ne 30. 160 4-1*5.
1803*04.
1892-03,
1891-92,
j 1 cm* m t tk Ml l inUr. 120,424,910 137,0#3,57# 1‘.18,824,946 101,572.800
k R j* r , u
B^tant I* o n ita y I
w n •*
Fm,, m \ A t. m tep y ton pmt ll*«
.#*i-0U#
■
.
$0*01*0#
$0*0070
.f
jjjjpptj
A U balow n, Cs ,3 6 mites
^ *wn^{ a
#920.032
to-|b* Pfei.ladelplil^ A Iteadthg R fL
annum ! Q m m m m in m ....... f l #0S0,6O0 f t .020,326
#815,134
flucm.
60O.S05
j
L'.p
en
......fetid
730,752
077*674
547,032
4 O f tl*«10%mk
■
m Fniiiitf Spring* and Eae
p o o , 000, of Whtdi is*u n » .*
JK4aa«Sf«J6-ror je a ? eadi-fl
. te»al*
f « > -«■
eiJIc*. #tecSr snitlicrlrcd,
il, 0r.l DU,.
tv^r S i* li
gtn*41, #0*U'l>2; ne t
Net m%rttinga . ...
S interest'an
al*.
;I Mt.•*<*ell juju-a m ,.
$341**034
335*410
44,02$
#320.401
303.950
17,290
$242,358
280,084
$267,202
278,900
i1
dcf.STHH di>L$ 16,730 did.# I t ,098
BAiamsi
1 Frc*bteiii1, Bamocl Spencer, SL Y. (V. Ml, p 101» *71, 17 » j; V. 01,
■p, 9 2 3 .
K lis ilr it C o r t la n d & S o r t l ie r n .h+h sab Yalley. j —mm1 to cfharl«•> ! Own .* Blmlm,
H ast S h o r e T e r m in a l# —Rfvu>v—€>wt0 terns
T*» to CansMsteta, N, Y,, 119 toilful, anti leases during
tea, 8, €,» 3 mite* double track laid with 60
im i
simta
Cnn o tteio Northern, CAna» to to
Ut to Camden. K. Y.',
Oampany also owns l & orliArve*. 3»> warehoa.#*
1 ju a e w <*f |‘ 21 inRan, whose first in*i>rtg»gc bonds ara #fjimped gnu
laud. I cotton rmnprwiarw. etc., on the city’* wa:
mn!
* being |!and lInter**#!. Stock #2-,000,^00; par*. $100,
■ B iw teil by U* own roail with the other mUroad
eliy,
i In Fcbnmr?, ItOd* tha entire capital stoak was 1pnrohasod by the
BBcaUTCKamr.—W. E. Huger wa* appointed
i-tit* In J;imtn.iy [; Leliligh V®H#y. The snsic teeludc* the 0a*iui«toia Nsorthern RR. opora ted um ler In***, The Lehigh T alley, a?* 1psftrt eon#jderatioij* gtia ntn1 8 9 6 -V . 62. p- 13s. stork outstanding. f l . K
04
four
1
l» It
by
m « principal and 1110*1rwt o f th«e $1,250,000 h per
irst mftgajc# ©wtpon# tPrte 189i. to Sept., 18
bond a U*iuc4 In 18#4 by the Elm too Ccffttond & Northern, and so
tNabMA. tmtp*mn iSepL. 1803, to Warch, t Siitl, ti
WiRfC fmuted ;
rtrtuwily giinmn-tc^# t.ln* umlcrtytog loan Of #750,0W]w.i s ix p e r cents,
fate 5 i»cr rent scrip, Xct earn*nr* for rear en
1*1
#05,1
rch
3
,
$55,682; to 1893 94. $44,328; In 1892 03. aten
r, use p, 1 It Ilkewi.M? iMMmme* Ilia 0 8te**nj#nf o f the Elm in i * 'onapany with regard
%** t hs $300,000 »I e pc'r cant 20-year bon*l*i l*«ued by the Caiiastota
2394
East Tcftticaace i'trfftn ln A C#corgla,—■S.
R r. Co j in year eliding Jtina 10.1895. gym*. #432'.718; not,
East T ru ii** ti:*s A W i f i f r n \ « r t i * f t
1*1.1 .-—A t
Incotae, #1,859; rnifUfel*f. #i$.O00; inter***!., '$107*500;
ittee, surplus
road from Johnson CH>% Term,, to Crari
#305,026; net, #93,302. ( V. 57,
f e Dep
594
01.
p,
791;
V.
62,
p.
36
Li
,p« 4 2 2 ;
U W “ U<
i E lm ir a Sc E ater o u la r t o .—Own* from Can an dalgua , N Y., to
R llU P iik -F o r year ending June 30, 1893
r,773;
\
Chenumg
Junction,
64 tulles; Bo&tts Point to Stanley, 34 mi less; other 2
ffciflfe charges. $19,075; balance, <te@clt, #9 .1*1
II
\—total, i'OO mite*. A oonsoUflatiun In Decemta*r, 1886, of the Bodun Bay
V&'iKi*. net,
• A- Southern and other railroads. Leased at cost o f operating to the
Ea*I. A W > « i it n l ! r o « « t , ~
ivtlte, Oa., So R I City. Ala., 117 ■Xorthern Centra!, which owns all the # 1.500,000 stock, te a w may
mile* .: hritscli, 5 miles. 11.xtea
*01 Fell City b Birmingham Is [b e terminated on thirty days’ notice. In year ending Dec. 31, 1894.,
p ffijo 'te! t e n o t r h the f; 00
A/y o f j /o Soj 0 sold in fore■
.
ohamre -May 2fl, 1-893 *A. 56 p
*any was in cor- : #33,729; interest, #25,000; other charge*, #16,884. In 1893 gross*
g m te d Under laws o f AUbat
Jan
Is Issued. I
ttefe naming#* #36,681.
Fftcldant, M iP ip l Kelly, 5 «w
r Jun 7«>, 1895,
In ye
K im Ira A W l l l l * » » i * p o r t , « —Owns from Williamsport* Pa., to
gross. #7” .19*k y e . # -T9.'*ohe!
rg«s.( $8,1.1®* bat*
dehei t. * 1, \4 6 133 l m;t.; *
L | i p t 4 . (V . 55, Elmira. N. 3*., 75te miles. Ionised to the Xorthsru Central Railway
’ for 909 years from May l , !$03, at a rental o f $15t,5O0 per annum
p. tT * ; V, 56, P 463,923.1
K a n t o * k > B y *—Read from B lrg iio o to Wahbvlile, K y „ after January 1* 1890. The divide ltd* on the common stock, are 5 per
rn mite
,$06 and -**pefsad tb^rugh I» 1889. Stock is cent and on til# preferred 7 per cent, less, taxes* making dividend on
ni-»r
,4oa; pro ferred #1,7/0,5041, There ai'a no te>nd», BUte ; common 4*56 per cent and on preferred 6*39 per cent. Dross earnings
« i » 3
In 1894. $#18,431; net, $159,672; rental, $169,757. In 1893 gross,
and »<:*•
0 « 10* 140 4, «S6, 148. Earnitog*» for rear end- #1,065,116;
net, #315,862.
teg in
*.#40,030. ag-iMn* t 9SO.871 in 1892-93; n et
$3,929
R r le A f*itiw l»tirg .-O w u s M#w Castle, Fa.,to Olrard, P a , 81 mllesj
iljat $7,300; 1thar^is* i #90-94. #6*701,
East
CN, f I * >*—* *wns from Port**BO«6h* N. H,, to Scab rook branch, to Erie Dock*, 3 miles; trackage, to Erie, 17 mites; total
101 miles. Leased to the Pennsylvania Railroad for 909
04pssa
Mnc), 10 mites...
to the Eastern RR. fnow operated,
years from March 1, 1870, at a rental of 7 per cent on stock and
w asolidated w ith ilia
a ® 5fal»e> from October 1,1878, for 60 years interest on the lumds, and the lease transferred to the Pennsylvania
kad 2 month * at #22,,.
per rm .r. In June, 1801, a »tm k dividend o f 50 Company. Under the-general mortgage sndtedeot bonds are reserved
per t s a t « » paM, :
ammfa*, since increase, 3 per cent per annum.,
to retire prior bonds when due. The lease has- been quite unprofitable
15c1 H I ¥i*r,—O ra.
uw tenm m pm t, l.nd.f to Rutter, Ind., 94 miles. to the lessees, the deficiency being In 1999. $290,784; In 1800. $287,705;
F ofs
Leased for 90 years, April 1* 1887, renewable in 1901, $201*724; In 1892, $200,430; In 1893. $188,216; In 1894,
-w «
i * a t 2 pe
m l yearly on the slock till April, 1892, $86,212.
# 1 ,1 1 6 ; lu t e a l- , #1 4.teN»:
JUfte 30, 1891, gt» i •»**.. #70,06*
03;
jek?
A lg o r
Watertown
Baldwin
tv
Sand B ea d
B ig R ap id s
G oderich'
TorontpA
CentraVSquar
A lm a
' n"»- s
Y
M\CHj
^ * .-A ./' #Bn»liy
^ ■ ■ ■ tfA V O N <
.W ood stock
X X S I™
H olla n d
ALBANY
'C ortlan d
.ANSING
S i. T h o m as
^Chatham
W K a la n ia z(
"Bouton
W lu dsoi
A ji ill A rb or
H om er
pO«
C'assopolls.
as
Lrownnda
Sturgis
ioslion
w
H O Y T V IL L E
C
wnTHunaport
; KVVAYVILUE
F re m o n t n,
GO
H
S°^iJRG V
PVlVl INEs'
tc
-Lock II a v
Sunbury
M on on'
-East*? n:
B utloi
L og a n sp o r
GO
llauch Clninl
C fy'z.
GO
a
A lle n to w n
icster
YCMarion'
"k om cr
'aye ltd;
irawfordsvillo
/ |
R e a d in g
>Ston bon
yeHn
r \
i
i J
/ Union Cltu i
/
k
'IT T S B U R G
A
C osliOctoir
-
Andei nis, / Muncie \ •
V s r .'
i\ c\ ,
\i Ij V
—c-/^
$ C.Bidiiiioinfii^----- V ~
.AHtiwtcp
Connells V.
Junosy11m
INDIANAPOLIS/
|
as
B edford
\_.
Winslow Ji
Cumberland;
Ba l t i m o r e '
C h illlcotlio
/Athen
•kersburg
\ firj
Anwpo11^
L aw ren cob u rgJ
Seym our
K ite bio
W A S H IN G T O J
^ N vUTI
Buckhannon
Madi8onJo&
B ed ford
Vincennes
Cotjington
Portsm outh''
M itch ell
Manassas;
Gallpolis,
,P e l m ar
•"ijuantieoP M/
G reenup
kihnson Jc.
ivansville
’O w en sb oro/ K
■\mator
M A P
E R IE
O P
F re d e ric k sburg
T H E
R A IL R O A D
w
w
S
P H IL A D E U
L o g u if
N W asM u gtr
.G osport
J
K oek w ood
C ald w ell
iGrconcaBtli
T erre Haute
HARRISBURG^-
J olin atow n
WasmAgtoi
1
Colum bus'
RENTON
5
hd
►U
t- 1
'’c h a r lo tte s v ilb
,jCHNIOND
A p r il , 189SJ
RAILROAD STOCKS
AND
63
BONDS
liotuls—Prlneir.N’ TF.UEST OR D IVID E N D S.
_______ _________ r v ( i . r o a d s .___________________; Miles
Date 3i^e, or Amount
of
Par
For explanation! o f o lo m a headings* dec., see motes- o f
R
ate
Per
Wlxen
Sfo.'/.-s—Last
Where
P
a
r
aide,
and
by
Eoa<l. Bonds Value. Outstanding C e n t Payable
on t o t
o f table*.
Dividend.
Wliom.
. .. .
JEVte
C&m|miny —Common stwfe..........
1st peel, stock. 4 p ercep t, bob cu m u lative.......
2d peel. ««>*k, 4 percent, bob e m u a ia tiv e .......
I—
O ld K o im K A
H.Y. £ K. i * t ML.Piermoutto Dunkirk,X\Y„ext,<r 446
446
2*1 mortgage. (extended In L>7m g o ld ...........c*
446
3d mortgage, (extended in 1883) cold........ ..c*
465
4th mortgage, (extended in 1880) g o ld ....... ,e*
5tfc mortgage (extended in ISSSo g o ld .........c*; 465
60
Erie R 'y.lat 31.,Bud. Br., HorneUer,to Attica,g.c*
526
l» r winmi. mom, #30.000,000, gold, $ & £ . * . « *
K. Y, L, E. «£ West, funded coupon bond-, gold.e* 526
67
Butt. & Sonthw., l e i M,. Buff to Jamettown. g c*
15
Lock port Jc R u ff, 1st 31., Ton. to Loekporr, X. Y
12
Nr*wburg * X. Y. 1st mori.. extended In 1889.. e*
II—
03* Faopgxrm s Co n t r o ll e d b t O w s t
16
•Bergen C%k KB., l e t 3L.Ruth Je. to Bidgew. X.J.
*Bto**buijf Coal Cm, le t mortgage, g o ld .. .. .. . .. . . ...
tBuIf. X- Y. <k Erie, 1st M. (Bolbtlo to Corning e*i 140
249
*Cti.A Erie le t M.,g.(Marion,O.. to HatnmM Jsd.e*
CWcaco 4 Atlantic Terminal, 1st meet., g o ld ..
*
jElroira StateJJoe Bisttrbed, i d m ortgage....,.
♦rood*. A t m k*t n ,l* t A 2d M*« ,<*60,000 lire2di
•Jcifcrdud A2d M‘ , ex.fn 'VT&’W iHMato Rr.m
i
37
1st m it**C a rboa da le to 8, depot, gold . . . . . „e*
•Long Bock Co.ocm.OL.c.lnow !*s M.M^eetexric*
fjifonfc & Erie, 1st A 2d m om . Cf-t0,3©0 arc 2d»
. ...
. . . . . . .
* ! - ■ ,
40
34
tXcw J e r«*r A X. Y „ 1st M. (reorgaBlsarioo:....«♦
34
2d 31,, Erie
to O i w r - t v .,20 m.,A be ha* 5 m.r
Gen. 31. #1,200.000 (red. 103 after 5 rearm ... *
X.J, A X.Y. Ex tea l*r M., In?, gw. by X 3. A X. V
15
*X. Y . U JS* A W, €. A RE. 1st mort.. go ld ,. ...«r
****
•X, Y. L. E.A W..D..A f.Co. l* t M „ see V. 50, p*$5L«ff -•••
*X. Y. Fa, A Ohio, prior U e» H „ m M ,
<r 431
Do.
Utt*#—#«* separate wtiidcMtfte for d e v .
{8«t»P«i>. Bridge A Erie J u m ,, l * t
h f .Erie
23
ITioga. Railroad bonds. (Sec that nm pm nyt......i
47— E r ie lia it«o .u > Co m c a st K * w £km>*.
Wwr 24 m om *m Buffalo dt £tea&we*tT»« geld «-*
ST
H ew l * t e**tM*>L ML f**r #175,000*000 securing;—
Frier Ilea bonds, #35.000.000, gold.......... e M r
General pan bead#, #140,000,00*x gold ,,
. .. .
1647
1879
1853
1857
1956
1061
1870
1379
1977
13 -T
1368
mmiw
1661
1878
1876
1890
1383
10 * t>
if * 0
1-Sb7
1069
1685
100 100,000.000
100 30.000,000
100 10,000,000
1.000
1,000
1.000
1.000
500 to .
100 to .
l.oo o
500 Ac.
50 to .
1,000
01" E s t i
l.o o o
1,000
......
'
1.000
1,000
1,000
1892
1,000
1880 500 to ,
1885 500 t o
1892
1382
1393
1-6(1
AMah.
1870
32' * 5
i.ooo
1.000
1895
1,000
1,000
1003 500 Ac.
$00 Any
::::::::
2,482,000
7
M. & X. X. Y „ 21 Cortlandt S t
2.149.000
5 g. M. A S.
do
do
4(617,000
4tjg. M. & S.
do
do
2,926.000
do
do
5 g- A. A 0.
709,500
4 g. J. * I>.
do
do
182,600
4 g. J. A J
do
do
16,391.000
7 g. M. A 8.
do
do
3.705.977
? g- M. A S.
1,500,000
a g. J. A J. X. Y „ First NaVl Bank,
140.000
t
V. A O.
230.000
5
J, A .1. N. V., 21 Cortlandt S t
KK{*> OR A M AJOKITV Ci o » c * PITAt STOCK, OK BV i f )
200,000
6
A. A O. N. Y.. 2 1 Cortlandt St.
400.000
5 g. J. ft J.
2,380,000
J. ft 1>.
12,000,000
5 «> M. ft N.
do
do
300.000
5 g. J. ft J. N T.,.I. P. Morgan ft Co.
160,000
7
5. ft 0. Elmira,CliemungCo.Bk
246X10
6
Varioun
300,000 4*14 6 J. ft J. PhUa., Fidelity Tv. Co.
2,800,000
5 g. A. ft O. N. Y . 21 Cortlandt St,
7,800.000
a g. ft. ft 0. N.Y..J. P. Morgan ft Co.
170,500
5
Various N Y . 21 Cortlandt St058.000
5 g. M. ft Is
Niov York.
400.000
6
M. ft N. X. Y , Mercantile Tr. Co.
100,000
5
J. ft J.
do
do
369.000
5
i. A J.
do
do
120.000
«
M. & B,
1,100,000
6 g. ML ft -V. X, Y „ 21 Cortlandt S t
3,306,000
8
T. ft J.
8,000,000
*%2. M. ft 9. N Y.. Farm, f, A T r.C o.
8 8 ,, Hh-irnn Ry. and
tie A Shen. Valley.
065,000
7
n ° R N .Y .,2 1 Cortlandt Bt.
629,50m S A T
Varies*
1 .000,000
13,<>O0,OOrt
S *. J. A J,
New York City.
May 1, 1897
Sept. 1, 1919
MoU. 1. 1923
Oet. 1. 1920
June 1, 1928
July 1, 1921
S ept 1, 1920
S ept 1, 1920
July 1, 1008
O e t l , 1897
Jan. 1, 1929
L ease .
Apr. 1. 1911
Xor. 1, 19i 5
•Tuna 1. 1916
M ar 1, 1982
July 1, 1013
O e t 1. 1905
1928-29
Jan. 1, 1927
Jan. 1, 1909
Out. 1. 1935
1926-27
1942
May 1, 1910
Jan. 1. 1986
1932
May 1. 1922
J n lr i . i s d *5
Mar. 1. 1935
July 1. 1900
18904 005-'15
July 1, 1908
i r J. A »T. Xew Y ork A London. Jan. 1, 1996
B-4 g. J. A J. t* t 4*/uip. d?»i* Jan, 1. *07 J am. F 1996
E r ie It a lir o a d , . —.x-c J/«p m*
j>*pr, Etabmcein trunk the table that are marked with * * pr a : (except N. J, & N. Y. bonds,)
line from Jetaer City, opposite New York C»ty, te Chicago, til., 086 |and to take them up and pledge them with the trust## a t maturity.
mllea, and branches 1,030mllea; total, 2,016 full*'*; mvoiw! track. 010 j
m ilt*; riding** JV10I nslim i total cjf all track, 3,727 mil®*. The Intel
XJxt*t*Tcn&r.t* BtoCK. n o B ondx .—A* said atoorfe. 092.083,060 o f
<ff »w(JI 6 mile# eempri*## t
the new geftera! lien bonds «# ?# re*#r%*#d for the sole? purpose o f re
tiring
at »>r before m aturity all underlying bond* and bond* o f leased
tdmss sa/mett ** fern*
Jflte*.
Mite*
Flerroent. H, ¥->, in Duo kirk .,,447 Ammm Gen. 4t I t Mmrri#., - . f i S and subsidiary eompanic*, and practlaally all the guaranteed stocks.
A
mmxamtf
all asmh ttndi*turi»#d aoeurtUe* is given te the tables
,,
thi
01*1 Biiffaj#A 8. ft, t&ml
Mofslg«w*i.«:rf“f A Brie,. , , ........ , r i d
“O tUm temmiwm,
.... .112 x , y k 0 fm m w m 4 i - t t e ,., . * M t e x t following, T o teke up the follow in g bond* and car trust*, gener
al
IM
m
k
bonds
fo
r
$il,<3(>0,te30 mm held te escrow:
*"
i
*>
jftotfc <8m» * w
M w * rtWMff.
Omhmsi A Deekifftewii
.
^OWWMfo 4c B r i e * ...... ,f2 4 t
r l * Old Erie bunds
.033,663,000 I fOrnmn RH T ........... flO-bOOO
iBuffblu X, Y- A Brie
r 110
In S’ltpdmq HR.
old bom!*, per
I Erie ear l.rttsl* d m
•JeffirsmB BR.,
....... . % m : Cfleve, A MChoate g Y *l........ . * **! Other
table at top o f pag-^: 42,427.200 1 after Nor. 1. 1808.. 2,142,000
;Xew Jerw y dc Xew Y o r k .. ,. **3S X**w duittc *k «h»m~ V tl
- * 17 Buff,Brad a FtUa. l* l*
395,060
N. Y Pa. A Ohio car
B
i
t
.
*«
**h»r«o Muttirsv
f l.$ ClcVrA Mah V a t 0#f . 3AKNI.000 ■ trti*t* ............ ........
1,050,000
ITIogii R H ,................. ...... . r'i0 Other line*
. .... ............ .
54 M }*Id letfn A p m w ..4 %*
a,a?w>|
— r— ^*—
4Mhm Umm. .
N .* aatla ASh* n, Val *“
250,0#hi }
T o t a l...............$8 4 ,0 00 ,00 0
fm e
A W «#i ImdimuM. SD Y il ito*5#
2,103
f
fhtoi
Thl* dues put Include iitgffhN A » . W. titv. 5* o f 1805, $1,600,000,
H w t o k t .—
Erie Railroad Cntunatif
organ!****! |q Stnn^ubnr, N 3’ A Griw«w<K#t Lake 5*. $*»f*8,000, o r N dcracy A N ew York bonds,
Jkb$, and on ?>»•*• l , 139&. #neeee4e*d|o the p ro p er!r *>f tn> old Xrw
* Dtp* and retired Jmss, 1.1806, but row i*cmd* hot yet issued.
York E*k*» Ena A
B R Ckmtpa .y, m*1iJ t « foreeh*»nr« *» Nor.
*!: Hg# aetuMnfttb siateiiient fo r this leased eompatiy•
■
■
To pore ha*# the follow ing *tock* not owned by the ©ompauy, the
fee « r through ownership o f all or practically ail the atoclt of the frtde r*«m
iinui/ fi,$J3,OOfl of temd* war® reserved:
pendent
the line itmm New 3*orik t«* Chicago (mglwdlog the
MrwA*
.J
j
A
3 f f p i» e HR. and Chicago A Erie rainpanb*) and i l « > «U btauch and
470,000 : Mcmt. A E r e . ..........
$150,000
•tu w dbivf llnca except a few tmali pro pert tew aggregating aboMt 8*>o Ruff X, Y, A Erl# 7 p,e.
Buff.
Brad,
A
J
ilt*
....
06,5Oo
'
N.
Cu*tl»
A
0kan.
V
a
t
145,750
t t llw held tinder te m b . The rM.tr/aiiliatioft plan wf Attgaal, 18021, was
3^600,600 j Rm*h, A
Valiev .
405.800
grinest at temrih lit Y^ <11-, p.rittJ#. The
the aiock o f the f'0-..v.A Mah.tteL 120.
Elmira
Line
.
,
24,24m
i
8
ha
run
.........
J...
453,350
#ld N. V, L, IL A W a »4 the X. Y. 1* M Q ag/re/aGd 010^*6*3,088
96, J*e) Hie fi. A f'ric June , „
^0
Early
18 it. tlsr> Xt'W YttrW V t i r c t - n * at-* >
r plan f **t«h#n A Decgcrtewa
R 4 ...........
606 i T io g a .........
300
in V. #12, p. 233 ; t?»*. Avon Oteuaeu A 311. M p e r plan In V. *12. j>. J »■$>■<
.
42,24b>;
310, and control o f the New 4er»**r A New York w a« purchaaed. t o r I M bt A Crawford,
T. 62s,
fu ,sl!
m ilr« o f read. Tb»* ,« 'itpeii*»on ltri?tge ,t Krb*
?*«# full pattlesdar:* a* te term* o f exehapga in the mortgage,■ V. *12,
Ralir«9Na#| watt towrped with the Erie t?i April, 1800
p, *6. ifnldera o f old stes^k* cannot reyhlro exchange.
C#»at, * » n Onta«rwt>4T l * w > r t t T f .- T t e fo ie e o il properties repre
P ltE ft O m n iR x —" The flgnd charges o f the Erie flystem (caleillntc*l
•ent an aggrecate o f 10300 acre* o f anthracite, «»? which about on all lmn«l* which will be outrianding «n c*unpl«tten o f tlio renrgan
9.WW W'fe* ants held In fee; al**» 33,00*1 *Cf»v« #>f httnnsdnona <s>al \nation) are radiieei from 00t4*h3L0O0 to 07,866,006 per antuim (1n
land* bald In fee ii,*)00 acr« # o f idtunalmoi* held under mineral aftidlbg prior U#n ?Kmd* # 1,1.7 6 ,0 0 6 ; utidiswrbsxl bond* and stock
fight.*, #J| e « l tta ©#al toiuiage In the ytsskr
a^ppwg*ite*| $3,50(1000; general tlen bonds. 0 l.ls i.(N k h and for th « first two p 'i r «
0,110.3.38 oqi o f (iw 1&A1ST7# ton* battled The Colon 8?e**nnd*>at aft#-* re»rgaifclgatliin a fttflb er vhdtiflfioiit o f a t e i t 0360,000 pc r ntinfltxt
C*nu>.*»f has it* fgntdbal and other propeftte* In BaMM**, mul a fleet, l* made to an auxmnt nearly e<itiated by the net earning* o f the prop-of I f f lake ataanMfE
erty ia 1803#4. F«:rth#«*ftor»? fa tit# sew fl te d cb.ar.ge to» Included mm
tntarast on a large sam o f money Intcnde*:! te be spent Itninedlutely
9T#JCK.—The flock Ia to beheld by J Flerpnnt Morgan. Trials F lu
fl^rald and Charfea T «a o «n t, B a r t, voting trust* * ♦, for a*** rear*, and after reorganisation in Im proriiig and adding te tile property. This
theryaft-er Tinrii ib# o#w find prefarrwd ptmsk *h*B have received 4 per should enable the oompany te enlarge tta buslnea* and it is thought
e i*b dividend in one year. In the
cerriftewtea of transact It with greater economy.**
A description o f the fte «# tlm m 6« whs te 5farch,. 160 4, § bj*p !.EM8NT,
teiheflrtm ftWIkftM# mr# oiit*tafi4im,g. Tbe new ##aapaoy
ttm
F o r *Y. r. £ i l f #r4t d W, C m i 4, BR., mm S p p p l k m b x ? j& tm m tf, 1895.
right to redeem at any time either or both cla*ee* o f It* preferred *U#ck
at par to eaah.
G e s r r a l Ft#Agents.—The reorganisation provided a fund o f
Ilr»w£»*,—The m w 0r*t aaiiwpithtat#4 M ortgage 1* for f t7B.»3O0,i30O 025,013.660 te be «*#d a* follow*? T o par floating debt, 011 *509,000:
■
■ te pay collateral tw u i bond*; 03,676,660; te pay prior lien bonds,
and a. * *tr«-« *1.3,0Origan# j*r. *r !.»•-,
ri .
« 10,00»1/»0<*g* h* * a lien $2,506.4166; eurly o n it^ a rilsQ t#wi«ilr**is«wta (systsmy and expmiJW’.*,
temd*. O f the 033,006.000 p rio r lie .
814,400,000 were part $5,337,268* car Irwst* tey thtmm year*. 02,606.6'Kl. The old company
o f th* pnrehaae pri«6 o f the N. Y. F. A O. ItaSt'fwwl; # I5 #iNW,000 were wa* greatly hliiflered fn ‘ the development o f it* business by lack o f
•pi# t » a *3f% iteat« to pay oC th# old aollateral frmit twTttd.*, the first capital, h ot till* Im nsfnedied by the bond Isatie* allow#*! under the new
Itefi bon*!*, ate# <d.000t060 ar# te to# used for teiproTeiaeut*; $600,000 mortgage. On S ejit 1 , 1892, the beldgh Valley npenad it* own lino to
for goikttkpMWMb
Buffalo, causing a !#** o f set revatnic to the ftrlo from trackage, etc.
Of the 0116,000.000
lien h*ndx, $&2fim,0A0 mm tmtsrmd ter Thin Bttttft h# taken into account In using the figure# below given for
.thr^ ultimate acf|n)*fiB»ri o f all bend* amt guaranteed itoek* now left tit® year* preceding 1893.
WmlatiirtMNi on vatim*# part* o f tfe#j ayriem [excepting the 0 1 .000,000
Eauwrao*.—2 month#, j 1806..... gram, #1,436,191; net, #665,072
•#c6Bd* *•*» lltitfal:# A Smatbweafem—*•* * l o t V 02, p, * '♦ , and
Jan, 1 te Feb. 29.
i 1895...... gro**. 4,064,333; net, 008,930
M l?
are reserved ter new
tedtemietti*, addltton*.
afte r Ti^T* w ider easrefully guarded reririetteti*. not over
ANrcrah B ^ o s r . —T h e aarslag* from 1832 to 1805 fsein iivc, climSfj/ W »,0 n 0 te fe# ii*#d In any on# year, The gwncral lirn t e n h tear natlng
crus# entries ami worthies* it#m*, have been approxim ately
teter*'-*? from July I , JstMJ, flr«* coapem te n? #tor** J mu aiw I, 1807, at a* fo lloall
w *:
3 jtef cent per annum for two year* and 4 per cent thereafter.
Tim po*iiiw i o f the flr*t e*>i» *«>lhlat#*d mortgage to* *ul>tiat*tially
T m r m 4iu#~- 6Vpt30,’ 9S. ffrpf.B0/94, SrpL 30/03. Rent, 30292.
M follow *: I t |* » flr*t U t0 e ith e r l»y mortgage or collateral trust E im te g ii.......... $29,207.0 4 I 028,813,513 $34,194,854 035.239,893
f tte prior lien bond*, however, pfv» 'rilng the general lien bond*! upon J B a r p e n ... 22,207,987
21,430,399
23,899,233
23,558,821
upmi. it* -water transporta
tm
wtmxslpmi m n !
tion
Itcelmiiiig'
terminal pfopgftfe.* apphrteiianr thesrete,
T o t a l....... .
#7,383,114 010,205,821
00,682,872
S p t a nismte?
jprnfltable teimi titles in New Tersey and near Income ftem off l
it ia a
lie# Upon ?1jo reitta'tttfi.g e*>ml properties snd
sotir##* .* * .... J m t 1100.943
16,888 Dr.245,82l
Dr.232,872
upon lh* r8lip©ail* icadlax te ail the ooat pf*>pdrtte*, ttpo’n the. tnriniiiai* at 4er*#y City, upon the BufTalo New York A Brie Railroad
. . . . . . . . . . 87,160,006
87,4<X#,0O0 010,638,000
#9,450,000
(to* m ite Yam tn Buifai < an 1 ?te Buffalo terminal prop* r^Se other
CifFfOktt*—Freddent, E. 8, T t . o w ; Third Vice-President, Andrew
than those upon whteh it N flr*t Hen, and upon the entire lip** from Saiatttaooa to r-nic^fo; it f# a twond m y a i l / f w w f y i y / ' tttion til# line* Dun-aid*uni F.-mrth Ylee-Pre*ld#ttE 0 . Cl.* Ouelmtn; decretory, J. A.
Middle ten; Treasurer, Ed ward White.
o f tlw? origin t EH# Ry. between Plermont and Dunkirk (446 mile*.)
(K4 fi'tnijh-*Under the f!r«t c»fi*o|. mortgage o f 189"» the c/»mpany
IWr ^/ to b * —t' if, fb»*ter. J. J. cloud win. Abram 8. H ewitt, John 0 .
covenant* to pay tb# Inter#*! regularly on ail the old bond* In the * McCullough, D. O. Mills, Alexander E. Orr, George W. Qufnturd,
61
INVESTORS’ SUPPLEMENT
rvr*
LX1I,
APRIL, 1896, J
.RAILROAD
STOCKS AND
BONDS
oaf
S u b a e r l 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 .
RAILRO AD S.
IN T E R E S T OR DIVID E ND S.
Miles Date Sine, or
pal,When Dae.
Amount
of
Rat© per When Where Payable, and by Stocks—Last
Par
Per explanation of column headings, Ac., see notes of
Outstanding
Road. Bonds Value.
Cent, Payable
Whom.
on first page o f tables.
Dividend.
E m Railroad—{ConeI'd}— D— f a r T r u s t s , Et c .
E rie ear trusts, ser, B. to G. inel,, part pd. ann.e'
New ear and engine trusts...............................
N. V. Car trust, 18S8, ser. A . ttniar. by D. * H.)
Jf.Y.Pa. & Ohio eq. trusts, snk. fd. 3*. dr'n at 100
Avon Genesee & Mt. Morris and Rochester A Genes
19
iureica Springs—1st mortgage, go ld ...................c
2d mortgage income hoods, non-cam...................
EcansviUe <i Indumavolis—T. H. A Southeast M.o" *40
55
KvanaviHa A Indiananolls 1st ra o rt, gold,guar., e*
Con.M. ($2.500.0001g..gu.p. Ai. (end. i E v .a T. H.o- 135
80
Eransv. rf RfcAm’d—West'n Div. 1st inert., gold.e*
1st gen.M .,#12,500 p.m..g., guar. (>. A i. iend.)..c* . 112
Hvanseilie J Terre -Houle—Stock (#4.000,000).........
1’ ref, stock, non-cnmulatlve. See te x t...............
Consolidated mortgage (now 1st lien), gold........ 115
144
1st consolidated mortgage, gold....................... c*
25
M t Vernon Branch mortgage, gold...... ........... e*
30
Sullivan County Coal branch mortgage, gold-, c ’
199
1st general mortgage for $7,000,000, gold-----149
SvansvUU Terre H. 4 Okie.—1st M.. g..int. guar.,o'
49
2d mortgage, gold, in t guar, by Ch. A E. I ll----o '
Incomes....... ................................................... .
EUirmont Merganst’n d Pittsinirg.—M-,$3,000,000.
f a ll Brook—Cot, Cow. A Antrim deb., red. at XOO.e*
FarmnUe A Powhatan 1st molt- for $550,000---Second mortgage fo r 8500,000, Income*...... .....
K tuiittv Fort Wttj/ne <t W. Jtailtcap—1st 51. gold -.c'
2d mortgage, income, non-cun;., gold................. r,
ruchburtt -t ommou s tock......................... ............
Pref 4 per cent stock, uon-cum.............................i
Bond*................................
o
Bonds.8500.000 yrMy/aOm 1903 lacL, baUOOS.c'!
$ 1,000 $3,040,000
Various N. Y., 21 Cortlandt 8t*
do
do
.........
! J (i)
1883
1,000 || 1,984,377 *
J. A J.
do
do
5
88-*90 £100
£399.051
London.
f £. Various
see Va lley Sto oks—S e e t i i OSE Cos.
1883 ! 1,000
500.000
6 g. F, A A. N. Y . , Mercantile Tr. Oo.
F eb ’ y 1. '92-3 pd. 3:1; '93-4 none.
1883
500
6
500.000
1879 : 1,000
7
251.000
M. A 8. N. Y „ Farm. L. A Tr. Co.
1834 ! 1,000
653.000
J. A J.
do
do
1
«• J. A J,
1886 , 1,000
do
do
1.596.000
6 g.
M. A 8. Sep.,’03,coup, last paid.
1888 : 1,000
90.000
2 gg- M. A S.i8ep.,*93.eoup. last paid.
1891
1,000
1.310.000
5
.... '
50
3,996,683 See t e x t Bee te x t N. Y., Farm. L. A Tr. Co.
5
50
1.234.000
A. A O.
.............
1880 ! ........
30.000
« 8* .J. A J. N. Y „ Farm. L. & T. Co.
3.000.
000 6 g. J. A J.
1881
1,000
do
do
1883 i 1,000
375.000
A. A 0.1
do
do
«5 g*
g. A. A O.
1890 ; 1,000
450.000
do
do
1892 I 1.000
A. A O.
do
do
2.096.000
1870 i 1,000
M. A X. N. Y., Farm. L, A Tr. Co.
775.000
325.000
1873 ! 1,000
J. A J.
do
do
150.000
I s- M. A H.
do
do
3.000.
000
4«a
3 ft .....
6
1883 :500 Ac.
350.000
M.' A If, P htla.FideU ty Trust
6
1888 ! 1,000
M. A N.
S ew York City.
320.000
F. A A.
do
do
500.000
6
1889
1,000
1894 i 1.000
1.200.000
J. A J.
..............
800.000
I g- Sept. 1.
1894 : 1,000
.... ,
100
7.000. 000
100 17,360.000 See text. J. A J.
Boston, Office,
1877 ! 1,000
6
A. A O,
500,000
do
do
*79-'88' 1,000
4,500,000
5
1Various
do
do
Samuel Spencer, F ron d * Lynde Stetson, Eben B. Thomua, J. Lowlier
Welsh and Samuel E. Williamson,
-<V , 60, p. 177. 303,319.434, 562, 657,712. 795, 874.90S. HOSi
V. 01. p. 240,283,325. 348.366.369, 420. 172. 517. 559. 703. 750.831.
871,921,925, 964, 1013. 1061, HOT: V. 62, p. 39, 84, 95, 80, 186,233.
277, 318, 365, 414. 456, 502. 549, 569, 683, 726..
E u r e k a S p r in g * . —setigTaan, Mo., to Eureka Spring*, Ark., I S 1*
mile*. Stock, $500,000; par. S100. Current liabilities June 30, 1895,
92,935. In year ending June 30,1895, grow , 969,5201 n e t 937.315;
eharga*. $32,151; balance, surplus, $3,664. In f e a r 1893-94 gross,
970,149; net. 840,801.
E v a n s v ille Sc I n d l a n a p o l l * . —Own* Evansville to Terre Haute,
Ind. (via Worthington), 133 mile* t branch 6 m .; lease* branch, 12 m.
H w ro a r, ETC.—A ssoneoUdAtkm in October, 1833, o f the Evattviile A
IndiinxiioU*, the Evansville Washington A Braoslt and the Terre
Bant* A Southeastern RR*. O f the consol* 9904,000 are reserved to
meet prior lien*. The «son*oU. and the bond* o f 1924 are guaranteed by
Erausv. A Terre Haute, which own* entire capital stock, 92,000.000.
L a t m t K arw isoA —From Jan. 1 to Mar. 31, 1896 (3 month*), gro**.
972,523, against 971 J93 tr. 1395. In y.-»r 1»U5 g r.,.«.8233,328. sgulnot
8285,315 In 1894. In year ending June 30,1*96, gro*». $293,217;
net,992,429; other income, 9362. charge* and taxes. 9465,830; bal
ance, datldt, 993,039. In year 1893-94 grow, 9310.8*0. net, *102,535.
E v a n s v ille A I t I c h m o o d . —Own* Etnora to We*:port. Ind.. 102
mile*, and coal spur* 10 mile*. Project*,! bo Richmond. 65 mite*.
f:
Tear ending June 30—
1895.
167
Total mile* operated............
Gross earning*........................$1,038,273
Set earnings________________
394,856
Other Income.........................
#13,170
91.459,937
Total net Income............. 8103,028
Interest on debt, etc.............
$328,892
D ividend*............................................. .
$461,841
$332,415
1894.
165
448,683
$13,158
1896-1905
1896-1899
$63,000 Jan.
1903 A 1910
Feb. 1, 1933
Feb. 1, 1933
1909
m i ; 1924
Jan. 1, 1926
Sept, 1, 1928
8 dpt. l, 1931
Aug. 1, 1893
July 1, 1910
July 1, 1921
Apr. I, 1923
Apr. 1, 1930
Apr. 1, 1942
May 1, 1900
Jan. 1. 1900
May 1, 1920
S ep t 1, 1993
May 1, 1898
May, 1922
July 25,1923
Jan. 1,1945
Jan. 1,1945
Jam 1.% 1896
O c t 1, 1897
Var.’9 9 to l»0 8
1893.
165
$1,285,672
589,903
$46,651
$636,559
$277,487
300,000
Balance, surplus....................
$79,134
$129,426
$59,072
—(V. 58, p, 382.383,430.808; V. 59. p. 116, 6 9 4 ,697,738, 1058; V. 60,
, 1». 43. 131,600, 835,967.1059. 1144; V. 61, p. 7 4 6: V. 62, p. 364. 413.)
E v a n s v ille T e r r e H a u t e A C h ic a g o . —Owns from Otter Creek
Junction, Ind., to Danville, 111.. 49 m iles; leases Indiana Block Coal
Road, 13 mile*. On April 30. 1S90, !#«*<•<! to the Chic. A East. 1U. for
999 years; terms, $75,000 tier annum and payment o f ill rentals and
tuxes. Stock, *581.370, or which $493,030 owned by Ch. A East, 111.,
which guar. bit. on l i t and 2d mortgage*.
E u lriM o n t VI o r g a n s ! o x v n A P i t I « b u r g . —(See Map Baltim ore
A Ohia.i Owns from Cnlontowu. Fa., tv Fairmont, W . Va., 57
mile*; branch. I tittle. OoatreBcd b y B, A O., which owns n m ajority
of the capital stock o f $3.<)00,000; fiuidcd debt i» $3,000,000, Cur
rent Uatiffitie*. June 30. 18U», $90,918P a l l B r o o k I t n liw a i . —o » n » from C M lo g , -V. Y „ to Antrim
P*.. 58 mile*, branch to
Pa., 40 miles; Fall Brook branch
7 talks; lease* Hvraetme Geneva A Corning Ry., Coming, N. Y.
to Geneva, S. Y., 5ft mile*, and branch, 6 miles; and P in * Creek B y.
Btokosdale Junction to Newi'erry Juno.. Pit.. 75 miles; total, 239 mllo*
K X C B iV IU ttiti-O n Pel). 28,1894, receiver v s * appointed, and In
t*te*t due JChriSS 1 wm not paid, and *«h#cegetitly the- holder* of ‘
lt.233,<>00 o f the bond* agreed to teerp t Ev, A T. II. preferred
H t-ro u r, Erd.—Formerly Corning C o " «ne< iut' A Antrim, Nam e
in exchange to r tlie lrbolding* pccpianU i V, 00 p, 43, v 59, p, 116 ; changed July 1, 1897.and stock lacrea«e<l to $5,000,000. o f which
i'M trld W I* *u)t t.u progress to Interest of E. A T. li, to sec tire cleat #500,000 pref.—par, #50. See V. 55. p, 21. Dividend* paid quarterly,
title- V. 03, p. 418.
Month 31, etc. The e*,»i lino o f M t . A Beading and New York Central
i* over the road of this company, which jointly with said companies
EAKXisn*.—From Jan t to M ar.91,1996 (S moa.), n m , 922,569. guarantee#
the bonds o f the PtaeCr. Rti. Co,
ag«m.«t #'“2,38 t In 1995. For v « * r ending June 30. 1~9S, gro**.
E * * * ! * « » . —For six month* ending Dec 31, 1995, surplus o ver
B S I9 S A ; net, -#20.704; other income. #249; charge.*, #*d,322; balance.
{V , S » ,p . 116, 1*2, 472, tOSS, 1141; V. 60, p, 43. 131, charges wav $360,822, again.; $371,170 lit 1894, in year ending June
SO. 4695, gtnM on #3 m lh «. WKiiiMO, neb #186.321; net. Including
549, 006, 967, 1058; V. 62, p. 364, 418 )
other iarome, $368,476; interest, #3.500; dividend* (7 i*. c, on preE v a n s v ille A T e r r e H a l i t e , —The system include*:
ferred and 6 p, e. on common),#303,000; bnlarce, surplna, $39,970. In
fS/xtilOwned anil operaletl, Mitre, i C m trotled—op, mpawMty. Hilts. ; 1893 91 g r o « , $643,012; oat, $190,906. - V . 39, p. 2 0 0 ; V. 61, p. 794;
V. 62. p. 277.
Evansville to ftarre H aute.. MK*; EvausvUla A M u M M i h t
Branches to Jit. Vernon, etc.
53 | Evansville to Terre Haute
E a r m v t t lr A P in t ii R ta tt.—Own* Bermuda Hundred, Va: to Farm
B vaw vtti# .Belt (stock heid),
5| via Worthington, e t c . , . , . . . 136: rill*,
89 Bill**, »n«l branch** to Coal boro, etc., 4 miles; total 93 miles;
-----— t Leased to other oo.'n Rock3-ft.
gang#. Completed March 3.1890. Stock: Coiotooo. #160,850;
Total In earning*............... 167; rills e x ten s io n ...... ..........
23 preferred,
A'lOO.iKkJ. par, $100. iatari. and bill* payable July 1. 1895;
i Evansville A Richm ond*___ 112 #81,362. In year ending June 30, 1895, grn»« earulmr*. #60.849; net,
OKOAgtSATIOS, ETC,- Formerly Kcansvitie A Craw tordsvtile RE. Ha* . #17,373; other Income. $3,2'>3; charge*, #28,680; balance, dettclt,
«l<*ie traffic contract with Chicago A Eastern Illinois for route to Chicago. $7,854. In 1*93-91. net, $10,031.
F i n d l a y F o r t W a y n e A W e * t e r n I t u l l i v o i Owns road In
otmration from Junction with the " B i g F o u r” at Findlay, O., to Ft,
: Waytie, Ind., 32 mile*.. Uses vYahash torminais In Ft, Wayne.
tiisTDgV.—A reorganisation in November, 1894. o f the Findlay Ft.
. W. A W. RR. after fbreclostiro. Extension completed to Ft. Wayne,
20 mile*. In January, 1895.
8 ro c k .—Capital stock 1* $2,000,000; par $100.
BoM)*.—The firs t mortgage Is for $1,200,000 gold 5 p, e. bund* issued
af $15,000 per mile. The second niortgage (Incomin (* for $800,000.
Tf)C Mcreanttle Trust Co., N. Y . and A llen Zollars, Ft. Wayne, 1ml., are
o f forth mortgagee. Interest on Arsis to July 1,1896, has
Bovne. Ot'AAAXTtB*. Etc .—T he Kvamtville A Terre Haute endorsed ; trustee*
been canceled.
Peoria Decatur A R. note* for $325JtOO. Certain EvansrlB# A taitlanF liiM M ,- July 1 to Jan, 31. 1896, (7 month*) gross, #40,1.88;
* polls bonds are also guaranteed. There were car trust note* Deed:) deficit under operating, # *1 5 ; reut.il*. #7,000; total deficit, 7 months,
ber. 1895, for $158,904.
The Ev. A T . flaut# general mortgage cover* 182 mite* o f road owned $7,815. F or 6 inonlha, Jan. l to June 30, 1895. gross. #33,502; doficit
tod $3,300.01)0o f stock o f prepfle.tary rosuls, h a lin g a nittease o f 277 under operating expenses. #t,8 lS v—(V . 59, p .8 3 5 ; V. fiO, p. 656.)
miles, O f the aiiiborir.sl issue $3,855,000 arc held (a trust to retire the
F it c h b u r g , —Owns from Boston, M a*«„ to Fitchburg, Mas*., 50
prior bnsite e l maturity, the mortgage providing that the prior Hen* mile*:
to Troy, N. Y. s i mile*; Vermont to Rotterdam .Tuno*
•hall be paid and not extended. A sufficient amount U also held to tlon, 61Ormnlietd
m ih '*; Boston liarre A- Gardner Railroad, Worcester to Winretire the car trust notes
chendon,36 m ite*; South Aalibnralmm. Mire., to Bellows Fall*, Vt.,
©iMSBAf. Frx.igc**.—An Important change m the directory took 54 miles; branches, 93 m ile*; Monad nock Railroad. 16 miles: total
place to O ct. 1893, when J>. J. Siuckoy resign ml a* president and dire® • owned, 304 mih-.s; lrn«<«—Vermont A Mu**. RR. (which see). Fitchburg
f t - fhpBui stock w m issmsl to nay the floating debt—son above. to Qrceufield. 56 milesi other, 8 m ile*; total leased, « t tulles: total
In 1893 t.isK) acre* o f coal lands in Sullivan Ooaatv, ImL, were bought, June 3 0 .189',. 458 mile*, o f which 162 miles double trucked. Extension
Evan*vtH« A Mlebmond firsts were offered in Dec., 1894, #850 of Brookline to Milford. 7 mile*, was opened Nov. 15, 189-1.
I'.vftnsv. A T, tt. preferred 5 p c, iw>c-cum. mm ro fln g stock fo r the face
OtidvviXATlos.—On Oct. 1 ,1890, consolidated with the Cheshire Rail
of the bonds and #66 66 of *aoh stock for accrued interest per bond to road;
on October 1.1892, with the Boston H ookup Tunnel & W „ tits
Jtm. 1 ,1995. Jo April, 1896. holders o f $1,283,000 o f the Imnd* had Troy Saratoga
Northern and the Monadnock, and on June 5,1895,
thu* been exchanged. In June, 1895. #1 i9/ff»> general 6* were t-sued with Brookline AA Pepporell,
Brookline RR. and Brookline A Milford.
to ’ discharge obligations heretofore Incurred."
Sto ck —T he State o f M»s»iwhu*«ttt* owns $8,000,000 of the common
L atest
1 to Mar. 31. 1806 (3 months), g ro ts $270
stock. The preferred stock is entitled to 4 per cent dividends, then
! * • : * * » * bOT* t o 1805. In year 1995 gross $1,107,010, again* common ami preferred receive dividend* share and share alike. In
year 1892-93 the preferred stock was Increased from $16,498,000
A.vxrsr. R m * m r.- F W a i year ends June 30. Annual meeting At to #17,000,000, and in Oct.. 1895. to #17,360,000 for consolidation. Sea
Evansville third Monday In Oct. Report for 1894-95 in V, 61.p. 746,
al»o above. Exchange of common for preferred was under discussion.
B ro o k —In November. 1893, stock wae increased from #3,000.000 t »
#1,000,000, and " scrip dividend " equal ti» «>B*-tliiri o f ttieir holdings
* m offered t/i stoekhnlders, such scrip to h# convertible Into new stock
eu payment o f $20 per share (par. $50). In Stay. 1895, #1,284,000 o f
preferred! rioa-ciimuiativc 5 per cent ;n»it voting stock was issueit
in exchange for Evamiv, A Richmond bond* per t.iau in v. *U). o. 4 3 ;
V. 59. p. l i e .
DtvtpEMw
> 19S1- *84, *85. '96. 'H7-'90. '91. *92. '93. none
On common stk. t 4 b
5
3
4
5 y'rly
7
7r
71* ; since.
7 Air*) 5 per cent in tevod*. 1Also scrip d L itk ml;
stock aiHivc.
«6
INVESTORS’
SUPPLEMENT.
A PHIL,
hAlLHOAD STOCKS AND BONDS.
1808, J
67
x u b s t -r lb e r a 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 u 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 .
RAILRO AD S.
Miles Date Size, or
Amount
of
of
Par
Road. Bonds Value. Outstanding!
on Bret page o f tables.
FitdU m m —t Concluded,(—Bonds,...................
Bonds to State o f Haas. <3*2 i>. c. int. till Feb., '97)
Bonds............. .............................................
Bonds...........................................................
Bonds (*1.500,000due 1907, Interest A. A O i . . „
{
Bonds. (See text.) $54,000 are I s ...............
Bonds..
H.ucU
Troy & Boston 1st men. (V, 53, p. 4070...............
Cheshire RR. plain bonds, .$550,000 due 1893..c'
Brookline Je IVppereiil plain hoods, ttuar. (end)..
91. d Fere M ar.—Ft, Stic.. non-onmtfor $0,500,OOOi
Holly Wayne & Monroe 1st mortgage, assumed.•
Flint & Per® Marq'tte mortgage Os o f 1920, gohte
Consol M „(for 1 10,000,000) $20,000 p. u>., g.o*
Port Huron A Northwestern—1st m ortgage......c
F. A P. M. 1st M. i ’ort fl. 1)1v. ($3J500.000r,gold.«*
EqutpmT bond.-. $40,000 due annually Nov. l .c*
Florence d Crip. Creek—i n J t, $1,000,000, $old.c'
F b rem e Railroad—I n m ortgage.......................... cj
H onda Central d Pen.—1st M. $5,226 p. in, g o lilo *1
2d U . (1st on ext., 92 mileei $5,226 per ni„ golitc*
Consol. m ort..$7,800,000<MO.OOO p. m.>, gobt.cSouth. Bound 1st M , gold. int. rental................V
Florida Southern S R . - U t M „ $5,000,000. gttar.C
Hemta Johnstown d (MocerirlUe— ls tM „ ».t,m t d u .e '
Cons. M. for $500,000 (#300,000 re-’d fur 1st M.»c
Johnstown 0. A Kings boro 1st M., tuwumed......
CnyadaUoEieo. l.«tM..<fu..p.*i.,by F.J.&O.RB.,g.
Fort Waymr d Jackson—Common stock..... .. . .. .. . ..
F i e l Stock 1$ p, e-1, 5»* p. e. rental la k e Shore.,.
Ib r! Worth d Dene. C t t g - l n M . g.. #18.000 p. m.e*
1889
lit?
1890
„ ...
35
___
65
281
31*5
210
235
40
575
6t!6
780
136
248
10
20
4
ii»
99
455
* .......
1,000
1,000
1,000
1,000
1,000
*84-'S7
1890
1893
1894
1895
1874
1,006
76-'78 500 Ac.
, _„ „
......
. .. .
100
1871
1,000
1980
1,000
1839
1,000
......
1379
1889
1,000
1,000
1887
......
1894
1392
1839
1,000
1,000
1.000
1991
1,000
1895
1,000
1870 100 ate.
1931 lo o Ac.
1893
1892
1,000
. .. .
100
100
1.000
1881
-1 1887 *•>“ . •>!* DO. '91. '9 'i *83. •04. 'MO. '90.
4
4
8
On preferred. > 2
2
0
t
21
3 ‘-r
I la 1896, January, 2 p. «.
BOSM, F.t«\—Vermont A
guaranteed -.-.-itritie.; «ee tin t com
pane. Tbe debenture bond* were described In C iik o m c l e o f June 1,
1895. V. 60, p. 987
On Jane 30, 1899, there were outstanding
loans and M il* payable amounting to $150,000. Boston SKoosao Tftttinel A Western debesaltiM* 5* for *1,399,000 paid March 1.1895, worn
replaced by 20-jfw*r 4*.—M e V . 59, o. 1141, A $300,000 H .T , D. A E.
Co. 4 -i $. c, note falling d a* A p ril 6.1 $90, was extended to Apr. t, *97.
BAMrttro*.—From Jan. 1 10 Fob. 2*, 1890 <2 tnmXlmi. gross, $1,089.
059, against $992,912 to 1898 For 0 taontb* ending Dec. 31, 1995,
surplus over charge* * » #570,589, against #544,028 In 1*94.
Astscxi, R a e ««rr.~ Fiscal year end* June 30. The annual report for
1984-95 waa In CtWOXlCL# V. 01, p. 487.
Tear ending June 30.
189*.
1891.
1393
1892.
Total mile* operated.___
438
450
450
436
T otal g r o * . earntosr*...... #7,237,724 #8.865.158 #7.707,298 #7,34 830 8
Op, expense* and taxes,.
5.202,126
5,038,169 5,709,472 5,336,778
Net earning*.............#2,035,299 #1.-120.0*6 # l.03$.42« #2.012.027
Rental* paid..................
*2«4.tMW $264,990 #204,147 #200,980
Interest on debt...... .
1,014,084
985,487
853,234
045,871
Other Interest . . ...... .
7,39 1
59.223
*21.<53«
18,78*
Dividends,......................
6$1,#87
502.000
SOX.! 33
649.238
Balance, surplus.........
#00.970
#13,296
*31,033 #137,745
- ( V . ©1, p. 240, 4 67, 610, 001, 794 1 V. m . p . 232.!
F l i n t A F e r e « * r < j o « l l r , - * See Mapr i Own* from Monroe,Mich..to
Utdlngtoa, Mbsb,, 234 mile* f 14 M M
to East Saginaw, Fostona,
etc,, 150 tnllea; Port Huron to Kaat Saginaw, 90 m ile*; Port Huron to
Sand Beach (3 feet), 70 m ite*; Palm to Grind*too* City. etc. >3 feetl, 40
m ile*: Port Huron to Altmont (8 fewtt. 34 rnibw; trackage to Detroit
and Bedford and Fort #4, Union Depot, 13 miles; total in 1804, 638
tulle*, of which 144 were 3-feet gauge; " boalaK-**-producing branch-*
! » 0#hooded'," not lueiudUtg above, 12ti m iles; spur* and siding*, 170'
to lie*. The e e a p w y alto own* # steameim valued a t $453,504, running
from Lndlngton and Manistee to Milwaukee, etc See also V. 92, p
13*. H in t A Pen? Marquette use* Ann Arbor track* Into Toledo and
terminal* therein.—V. 82. p. 453. By it* ferry aero** Bake Michigan
pv Manitowoc, where eonneettoo i* laade with the Wisconsin Central
(Milwaukee A lak e Winnebago KB.), the Flint A Per* Mar turtle forma
part of a abort line front M Pant to ButtUw—See V. 82, p *130.
•<feUM*«4TK>». 6 « « it m m « , RtO.—A tmrpstiUnUaa after foreeltMoni
August IB, I860, l a 1SS9 ahantbad Pott H a m a A Sortbweetem, etc.
Stoo * . —Common. $3,500,000. ouD Uodlng. $ 1,398,200; par. #100.
D m i 't u *
' * « '*7
'rn ' * »
"*0 '91 '92
*93 stone
On pref. *tae« '65— 4 S hH
12
dip
8
3% 4 % 2
aince.
Bo to *. IEk i ,—’The oou*).ll<l*tml mortgage o f 1939 1* a drat mortgage
on 123 rntje* o f main and braaeh lia r twe'k#. Trustee Central Trust
Co. FOrtHur-m Dlrl.tot, mortgage I* for $1. V>0,0<al. o f which #123.000
nwgrred far *t<>4,000 P. It. A S. W. 7*. Do J » l , i m , there wen*
outatatwUag DSB* m ra b ia for #765.337, oat In * < • * „ 1 » 5 , #300,000
* * SPheeoasW to reda w tht* deb* B w i w i for Detroit extern_________ i..ui I grant wa* M 3 # 0 O acre*, at which 53,923 acre* unnoid
Jan. 1,1893: aalea In 1894-2,239 acre* for #20,531.
KhWONWe-S WOttUML 1 1-90............ Grows. #432,033; net. #109,089
Jan. 1 to F eb ,29.
J 1**5 ... ..Grwaa, 343,702: net.
6t>,O90
A*gvr*(, Ess-ctaT.—Report* sh ow > T m r ending Gee. 81.
1893.
t«H
1893.
Total grows earning*..$2>>.-..7sn « . : f d , 3 M #2,725,23# #3-8 00,71©
Nct eam 'g* over ta x '* #842,1100
$*il*,*447
#)s:5*,l§4
#881.981
interest on drt,t...... .
6 )0 ,2 1*
611,121
•$>'•, 161
e07,{*43
(41
233,600
DHddesda..................
...........
...........
...........
Bal. forytM F... . . . . . . .
$3.1J®2 *ttr,$30JH6 *.tr.#53,0®3
any. #388
fires* car slug* tortud- vtr-vnsbip - vrr, vnr* of #110,92$ in 1S94,
#3*2,291 In 1*91. $305,709 In 1992
—(V. 90, p. 7 10. V. 81, p. 190, 324, 300, 53# V. 02. p. 139, 435.030.1
ki.w t« ACoct. —Owu* road
F lo re i) c - Sc (: r 1p p I < Circcte *414, Iffrom Florence to Cripple Creek, Cot , 40 n. *. Opeuod *f-pt- l. i * 9 l .
Capital (stock ll. O > l cbs)0, par #100. Bond- are autliorisMSI nt $25,000
iHOftgiige. Fi.cnl
per n(He Mecdaittire Trust
. N Y,, u trust*?
ydaf nml) .inne
|p lgp.t.95 exn*». $32.5,09-3; DM, ##9,918; charge*.
#52,9i 8; balance. M*r$#*A 9 S 6 $ f$ .
F lo r e n c e H i t , —O wsjs from Pee Dee. s, C., to North f.3xfolit):s State
Bn), 2t :n 1.-< br<
i V * > to Dunbar, 8 C „ IS w ile *: to ta l, 4 2 tnile*.
Oharternd to j * --2 and httllt In the lotorcst o f the AC.tntlr Cdhet Elite,
which own* all the #500,000 capital slock.
K ain ate*. -Year ra gta g June 30. 1094. gross, #140,192; net.
$65,*07; interest, #l6.1.3<h to te*. $3,371; dividend. $19,006; balance,
surpln*. #27,2#6.
F lo r id a C e n tr a l A P r n i
o.. -.,te> from Columbia, 8,
v ia Savannah, G * » to Jacksonvllie, F l a , Tampa. Cedar Key*, etc., 940
miles; o f which Columbia to Savannah. 130 (sides, t* Soutn Bound RR.
IN T E R E S T OR DIVIDENDS.
Cent.
$750,000 ;
5,000,000 3>a
2,250,000
500,000
2,500,000
500,000
1.932.000
500,000
1.350.000
577,000
800,000
100,000
6,342,000 See
1 ,000.000
3,099,000
2 ,100,000
104,000
3,125,000
80,000
1 ,000,000
Payable
Whom.
M. & S.
5
Boston, Office.
to 4 F. & A.
do
do
41, M. A 8.
do
do
5
do
J. & D.
do
4
do
Various
do
4
.1. A D.
do
do
4-5 Seml-an
do
do
do
do
4% 51. A N
M. * S.
do
4
do
do
7
do
J. A J.
J. A J. Boston, Fitchburg RE.
8
5
J. A D.
do
do
text. F. * A. East Sag., Mieh.. Treas.
5
J. A J. N. Y „ Merchants' N'.Bk.
6 g. A. & O. N. Y., Mer. Ex. Nat. Bit.
do
do
5 g. M. A N.
do
do
7
A. A 0.
do
do
5 g. [A. .it O.
5
M. A N. Boston. Intera'i Tr. Co.
6 ft. J. A J. N. Y., Mercant Tr. Co.
5
J. A J.
5 g. J. A J. N. Y\, Cluar. Trust Co.
do
do
5 g. J. A J.
do
do
5 g. J. A J.
5 g. A. A O. Merc.Tr.A Dep.Oo.Balt.
N ew York Citv,
3h» t g. J. A J.
7
J, A J, N .Y .J ’np.ATra.Nnt.Bk.
do
do
6
jA. A 0.
C
J. A J.
New York.
A. A O.
Bonds—Princi
pal When Due,
Stocks—Last
Dividend.
Meh. l , 1899
Feb. 1, 1837
Sept. 1, 1897
June 1, 1900
1904-5-7
June 1, 1920
Various, 1903
May 1, 1914
Mar. 1, 1915
July 1, 1924
July 1 ,'96-'98
Deo. 1, 1911
See t e x t
Jan. 1, 1901
Oot. 1, 1920
May 1, 1939
Oot. 1, 1899
Apr. 1, 1939
Nov.1,'96 A'97
Jan. 1, 1934
1940
July 1,~1918
Jan. 1, 1930
Jan. 1, 1943
Apr. 1. 1941
Jan. 1, 1945
July 1. 1900
Apr. 1. 1921
1913
Oct 1 . 1922
3,000.000
423,000
4,372,000
2.033,000
4,241,000
300,000
200,000
50,000
350.000
436.132
2,291,416 5 % p, ;m. >1. A S. X. Y „ Farm. I,. * 'lr. Oo. Mob. 2, 1896
H e. J. ,v H. Juuo, *93, coup, last pdJ Deo. 1, 1921
8.176.0001
H i r t « * t . —A rsorgiinlr Sttou o f the Florida Railsvay A Navigation Co,,
which wa* sold to foreclosure to 1*#*, V, 40, P. 289. aotith Bound
RR. wa* leased for id> year* from Out. I, 1803; Its entire capital stook
o f $2,033,000 * m suboesiuently purehasol.
STOCK,—Couuuon stock i* $20,000,000, par #100; preferred. 4 per
rent cumulative [with prefssreuee a* to both principal and accumulated
dtvlstoud*!, #4,500,000. Prsjfsjrred l* exchangeable for any subsequent
4 per cent mortgage.
Bsjxi» . —J ane 30,1895, funded debt wa* #7,703,000: oar and loco
m otive trusts, $161,151; do. South Bound. #31,887; notes payable, $80.IKKI Utxirr the ccmsoUdats-d mortgage for $7,800,000 (Truatec, New
York Guaranty A Indemnity Cs>,i «n8teicnt bonds were rM erved to
rc tire the prto r bond* at maturity, A rental e<tual to 5 per cent per an unto on South Bound t»u ds 1* undertaken. Morcantlte Trust A Deposit
Co. o f BalUmorwi* trustee o f South Bound mortgage.
L * T » T E *u v t*o ».—fl month* K > r«**, 1895 #8»0.746; net, $313,90-1
July 1 to Dec. 31
,
1*94 1.110,443; net, 430,076
From Jan. 1, to A p ril 8 : 180# <3 >4 month*!, gross, $571,381, against
#508,#09 In 1803.
A * *tT*t. Ru-' iitT.—Ft-ca! year cod* June 30 Report for t « » t ;»9 wa*
in V. 02. p, 133, showing g ro w earning* on 933 tnUot, #2,272,14*; net,
#581.830; ohargs-*. #577,853; baianoe. *urplu*. #8,077. tn year 180304. on 7S«» m ile , grass. #2,103.757; not. *602,170. (V. 00, p, 82, 871:
V. (12, p. 136.)
F l o r i d a B u t f ‘« * * t I t y , —Own* from Jacksonville, Fla., via
8t. Augu«Uue to Fort lujuderdale. Fiw , 344 m ile*; branches to
P sin tka,Bar. Mateo ansi Tocioi, 19 m iles; Atlantic A Western, Blue
Spring* to Nssw Kisifroa. F in , 28 mile*. Extension o f 70 mile*
from W e«t Palm Beach to Blacayno May wa* trader (mnamtetton
in cietotMsr, 1895. A eoutoliduttou o f *e ve r»l rmvis in 1890 into the
Jacksonville sw, AugucHne .%Indian River, and nanie changed In 1893.
Road t* owned by H enry M. Flagler. Prealdent, 20 Broadway, New
York, All the old bond* have been canceled. tV. 01, p. 112, 470.1
F l o r i d a m id la n d I t y Kl.*imtnee to l.JUgwooJ, Fla , 4 1 mile*.
Bond is hoisdcl for #*,000 j~-r mile. Mold in foreciom rc Mar. '2.1890,
RutssOsvuufinx GssWMm-btt Se»heintM>r, 1895: Bovi Wallace, K. 8.
Maekcntie, F. C iuli. O. W. Mead, C, W Morris. For Use quarter end
ing Dec. 31, 1895, the rssreHer report* *ro »*. $1,190; deflelt under
operating oxpenao*, #701.—V. 61, p. 470; V . 02, p. 348.
F l o r i d a (S o u th ern I t It
See U an Saronnnh Florida 4 SOslern.t
-O w n * from Palatka. Ha., to BrooksviUc, FUs . 145 suilott; Bartow to
Punta Gorda, 79 tml<-; branches. *2*; total, 24* Milne. In January.
!*:**!. th« St. John* A Lake Etl*tl* R y „ 47 mile*, wa* imrchaecd in the
interest of th « *y*ts»u). The Hwwl I* now p art « f tUo Plant syrtous and
the bond* a r« guaranteed, principal and interest (endorsed—*<s« guar
anty in V. 02. p. 083), by tho Savannah Florida A W eston). Tbe bonds
carry interest at 8% p ercen t tint!! Jan 1.1900, and thereafter 4 per
••ent: tnsstee; American is-in A Trust Co., Boston. Prswident. Frank
cj. Brown, Boston. (V. 02, p. 84, 683.)
F o r t W a y n e A J a e k w o n .—Own* from Jackson, MU'h, to F o rt
Wayne, Inst, 9* tulle* On August 21, 1*82. isjae-d perpctuaUy to
la k e 8 h « l« A Michigan Boutheru at a rental o f #126,(127. (*]nal to 0>a
per cent on the- pmforred (stock; t*ee V. SB, p, 812), and altar 1 887 any
net Miming* o ver 8 per cent on preferred stock to lie paid a# dividends
on common dock, bat not eteasyling 2 per cent a year, tn 1894 gross
$179,279, against #194.543 In 1803 and #334.853 In 1892.
F o r t W orth s A- D e n v e r C it y H U . —Own* F o rt W o rth ,T e x .,to
T ex Hue, 453 at., and operate* Pan Handle K y „ 10 to., owning its stock.
s s t/.vTio; . ierc.—tJ. P, Denver k Gulf owns #7,708,009 o f the
#9,375,000 Atoeic; par, $100. 'See alt*trai)l o f tnortgage, V. 48, p, 440..
(Trustee. SfereAutUe Trust Cn,) President Morgan Jones is how sol©
receiver—V. Of), p, 43. The Dec,, 1803, coupon went, to default.
CaHWfTTKb—George M, Pullman, t B. I.-irl, B arry Waiter*. S idell
TUgisraati, Francl* s. Bangs and Ci. M. Docico. Ciutirman; Soorf t.iry ,
J.T. Gratiger, I R roulw ar, N 1H: ,l*?no*itafy, Mercautiie Trust Co,, N. V .
Nine-tenth* o f the tsonds have been deposited under the plan.
BaoBOAklkxTtos Pi, is .—The plan o f the above eoromittoe proposes
f i. 1 to reduo# intere-l on 1st Its to 1 per cent for live yearn front Doe- 1,
1893; C2j pay one past due coupon :t ;>. 0. in >*;vth; (31 give -took (to
draw preferential 4 p, c, dividend*, if ' arnod) for the remaining four
overdue coupon* atvl the 2 p.c., deferred Interest oti iirsta for the n ext
five year* at the rate o f $275 o f stock for sstcis (soupon* and interest o f
each bond held,
Jana 30, 1895, current ilablUttes were $1,273,495 (including overdue
coupon* unpaid. $997.ll<J): current assets, $519,323.
Jjvtbst E MWOWa.— < 1800 ..................Grots*. #74,1101; not, $8,528
1 month, January. - 1 *95 ....... - ........ « r o * * , 90,010; not, 3 l , 8 « »
AysVht, BK i obt —Report for 180 i. In V. BO, p. 520, showed:
Tear—
Ortas.
S'n.
Other tw o m . Tnlemtt.
Balance.
1895 . .. #1,080,70#
................................................
.........
13«J4....... 1.3.T..-7'. $377,477
$25,719
$ v .;i,* (o dof, fjo o .u i t
180 3..
... 1 .198,730312,815
23,800
510,875
del. 171,230
180 2..
. .. 1.750.284494.410
18.780
509,810
aur.3,380
- ( V . 60, p, 43. 520, 600, *73. 1104; V. 01. p, 001; V. 0'2. p. 39, 40,233. >
INVESTORS’
68
SUPPLEMENT,
[VOL. L X II.
S u b s c rib e r* w i l l c o n fe r a » r o a t fa v o r b y giv in g: Im m e d ia t e n o tic e o f a n y e r r o r d ls c o v e r e
RAILROADS.
on first page o f tables.
i n th e se T a b le s .
Bonds—Princi |Miles Date Size, or
pal,When Due.
Amount
Par
of
When
Rate
of
Where
Payable,
and
by
Slocks—Last
Outstanding
Per cent. Payable
Road. Bonds Value.
Whom.
Dividend.
Fori Worth & Denver City—(Concluded)—
1889 $1,000
Equipment bonds (owned by Union Paoiflo Ry.) o
1,000
15 1889
Pan Handle Ry. 1st mortgage............. .............
1.000
Fort Worth d Rio Or.—1st M., gold, $20,000 p. m.o* 146 1888
55 1881 500 &c.
Gainesville Jefferson d Southern RR.—le t M .........
55 1883
1,000
2d mortgage.........................................................
1,000
10 1881
Walton Railroad, 1st mortgage..........................
'71-'80 1,000
Galveston Harrisb. d 8. Antonio—le t M.,g.,landgr.o'
1,000
2d mortgage, Harrisb. and Houston to San Ant.o* 225 1880
1,000
W est.Div. l8tM.,g.,SanA.toElPa80,636 m.&br.c* 671 1881
1,000
2d mortgage (see remarks).............................o* 671 1881
1,000
50 1883
Galveston Houston d Hetul. of 1882—1st M., guar, .c
Gale. La Porte d Hous.—Receiver’s certs, (see text)
1,000
1894
La Porte H. & N. 1st mortgage...........................
Galveston La Porte & II. uiort., $28,000 per m...
1879
George's Creek d Cumberland Ry.—1st M ..............
2d m ortgage.........................................................
100
Georgia d Alabama—Common stock $15 000 p. m.
100
Pref. stock, 0 per cent, non-cum., $10,000 p. m ..
1,000
1895
288
1st M.,pref.,$0,500 p.in.,g.,red.at|105 aft. 5 yrs.o*
1,000
le t in or t., consol., $10,000,000, gold (See text).c* 288 1895
Car trusts............................................ ...............
i,oo o
Georgia Carolina & Nor.—IstM ., gold, guar.p.&i.c1 268 1889
1,000
Georgia Midland & Gulf—1st M., gold (See text)c£r* 100 1893
500
2d inort., incomes, non-cum., $7,500 per mile....r 100 1893
_
Incomes.............................................................. .
Georgia Pacific—See Sou th ern R a il w a y Co m pa N Y .
100
Georgia Railroad d Banking Co.—Stock................
307
1,000
1877
Bonds, not mortgage...................................... o^Ar
1,000
1880
Bonds, not mortgage...................................... c*.fcr
1,000
1882
Bonds not mortgage...................................... c*«fer
1887
1,000
Bonds not mortgage........................................... r —
IN T E R E S T OR D IVID E ND S.
$160,000
225,000
2,923,000
245,000
75,000
40,000
4,756,000
1,000,000
13,418,000
6,354,000
2,000,000
250,000
150,000
See text.
536,000
65,000
3,652,500
2,650,000
1,440,000
2,304,000
400,000
5,360,000
1,650,000
750,000
105,000
M.
J.
J.
7 S■ J.
5
7
J.
6
J.
F.
v6 g - J.
M.
l g- J.
A.
5
5
5
&
&
&
&
<St
&
&
<&
&
&
Sept., ’93, coup, last pd. Mcli. 1, 1899
July 1, 1929
N.Y., H.B.Hollins & Co. July 1, 1928
N. Y., Am. Ex. Nat. Bk.
1911
do
do
1908
Ga. RR. & Banking Co.
1910
N. Y.,So.Pac.Co., &Bost. Feb. 1, 1910
do
do
June 1, 1905
N.Y.,So.Pac.Co.,23 B ’rd May 1, 1931
July 1, 1931
N. Y., 195 Broadway. Apr. 1, 1913
A. & O. N. Y. Am. Coal Co., 1 B ’y Oct. 1, 1909
Balto., MarylandTr.Co.
do
do
A. & O. N. Y ., Cont’l Trust Co.
do
do
5 g. J. & J.
N ew York.
J ."& J. N.Y.,Brown Bro.&Balt.
A g‘ J. & J.
See text.
I 8’ J. & J.
.6
4,200,000 See text.
1,000,000
6
1,000,000
6
300,000
6
200,000
5
Q .-J . N. Y.,Am .Ex. B ’k & Aug.
J. & J.
do
do
J. & J.
do
do
J. & J. N.Y.,Ain. Ex.Bk.&Aug.
J. & J.
do
do
Oct. 1,
Oct. 1,
1896 to
July 1,
July 1,
Jan. 1,
Apr.
July
Jan.
Jan.
Jan.
1945
1945
1903
1929
1926
1926
15,1896
1, 1897
1, 1910
1, 1922
1, 1922
F o r t W o r t h Ac R i o G ra n u le.—Owns from Fort Worth, Tex., to
G e o r g ia & A la b a m a R y .—(See J f i p j —Operates the shortest
Brownwood, about 146 m iles; completed in August, 1891. Mortgage line (by 74 miles) from Montgomery, Ala., to Savannah, Ga., 340 miles,
trustee is Central Trust Co., New York. Stock outstanding, $3,108,100; o f which it owns from Montgomery to Lyons, Ga., 265 miles; leases in
par, $100; and loans and bills payable, $228,248, on June 3 0 ,1894.
perpetuity (beginning April 1, 1896) from Central of Georgia Ry.,
Lyons to Meldrim, Ga., 58 miles, with trackage Meldrim to Savannah,
L atest E ar n in g s .—2 mos..) 1896, gross, $71,524; net, $26,917.
17miles. Also owns Abbeyviile & Wayeross RR., from Abbeyvillc to
Jan. 1 to Feb. 29.
$ 1895, gross, 07,398; net, 18,340.
Fitzgerald,
23 miles; total operated in April, 1896, 363 miles.
In year 1895, gross. $412,371; net, $156,337. For year ending June
O r g a n iz a t io n .—In August, 1895, succeeded to the property of the
30, 1895, gross earnings were $452,196; net, $195,806; other income,
$52,160; charges, $175,120; balance, surplus, $72,846. In 1893-94net, Savannah Araericus & Montgomery, sold in foreclosure May 17,1895,
aud reorganized per plan in V. 61, p. 470; see also V. 62, p. 502. As to
$82,253. - ( V . 52, p. 81, 351, 642; V. 60, p. 480.)
lease, etc., in April, 1896, of Central of Georgia line and terminals,
P u l t o n C o u n t y N . G . R y . —See November, 1894, Su p p l e m e n t .
see V. 62, p. 4o6. The Abbeville & Wayeross was purchased in Janu
ary, 1896.
G a in e s v i l l e J e ff e r s o n Ac S o u th e r n R R . —( N a r r o w G a u g e .)
S e c u r it ie s .—First mortgage preference 5 per cent 50-year gold bonds
—Road from Gainesville to Social Circle, Ga., 52 miles; Belmont
to Jefferson, 13 miles; total, 65 miles. Operated in connection with are for $4,000,000, aud are not to exceed $6,500 per mile o f main liue
the Georgia RR. &BaukingCo. Stock is $242,687 common; $17,650 o f completed road; $2,278,090 are reserved for new mileage.
The first mortgage consolidated 5s are limited to $9,000 per mile of
preferred: par, $50. Of the firsts, $161,500, and o f tlie2ds, $75,000, are
endorsed by the Georgia RR., lessee. For year ending June 30,1895, road, with $6,500 additional per mile to be held by the trustee for sole
ross, $42,166; deficit under operating, $1,392; interest on bonds, purpose of retiring the first mortgage preference 5s after five years at
24,800; total deficit, $26,192—advanced by Georgia RR. & Banking. 105 and accrued interest. Interest on the consols during the first five
Co. In 1893-94,gross, $44,47S; deficit under operating, $12,715. Total years o f their life may be met by the issue ot 6 per cunt 10 year certifi
cates o f indebtedness, redeemable at the pleasure o f the company at
deficit June 30, 1895, $303,496.
any six-months’ interest period.
G a lv e s t o n H a r r i s b u r g Ac S an A n t o n i o .—(See Map Southern
“ The Georgia & Alabama owns in the business portion and suburbs
Pa cific.)—Owns Houston, Tex., to San Antonio, Tex., 217 in.; San An of Montgomery valuable terminal property, aggregating about sixty
tonio to Rio Gr. River, 636 m.; br’ch’s, 72 m.; leases 12 m.; total, 937 m. acres, covered only by the first mortgage semiring the preference and
(V. 62, p. 364.)
O r g a n i z a t i o n , S t o c k , E tc .—Operated by the Southern Pacific Com- consolidated bonds.”
E arning s (8 m on th s',) 1895-6, gross, $385,753; net, $117,346.
paav, which owns all but $570,812 o f the $27,093,012 stock (par, $100).
July
1
to
Feb.
29.
(1894-5, gross, $333,901; net,
60,431.
B onos .—First mortgage has a sinking fund of 1 per cent, but
it Is optional w it“ bondholders to surrouder their bonds if drawn.
E a r n in g s .—From Sept. 1 to Feb. 29, 1896 (6 months), gross on 265
In 1893 holders of Western Dlv. 2ds agreed to cancel claims for ac miles, $303,936; net, $111,710; interest charges, $93,600.
crued interest and that interest on these bonis should be paid oulv if
G e n e r a l F in an c e s .—I n April, 1896, the company held in its
earned aud should be non-eumulative. V. 53, p. 719. Floating liabili treasury on present mileage, $283,000 first preference bonds (addi
ties January 1. 1894, $3,327,483, including $2,241,721 due Southern tional to the $1,440,000 in table above) and $322,500 common stock ;
Pacific i 'nnipanv; current assets, $662,042. See decision in favor of besides a cash reserve for future improvements. Also owns entire
State o f Texas in V. 62, p. 456.
issue ot stock and bonds o f A bh eyville & Wayeross RR. As a result
E arning s .—2 mouths, } 1890, gross. $860,433; net, $2-<l.ni9
of the lease, eto., of the Central o f Georgia line from Lyons to Savan
Jan. 1 to Feb. 29. S1895, gross, 721,119; net, 187,393.
nah, the Georgia & Alabam a avoids the construction o f the 75 miles
From Jan. 1 to Nov. 30, 1895, 11 months, gross, $4,369,880; net, of road between these points.
Earnings o f Savannah Americus A Montgomery for year ending
$1,418,682.
Lii year 1894 gross, $4,293,714; net, $1,283,959 ; reoeipts from traek- June 30, 4895. gross, *477,0)5. In 1893-94, gross, $438,019. Presi
dent,
John Skelton Williams, Richmond, Va.—V. 61, p. 196.281.420.
age, etc., $93,760; total net inoome, $1,382,719; charges, taxes, eto.,
surplus from operations, $127,171 In 1893. gross, $4,- 470, 610; V. 62, p. 233, 364, 456, 502, 635.
204,754; net, $997,453. (V. 55, p. 100,146; V. 59, p. 1058; V. 62, p
G e o r g ia H id la n d R y . —Owns road from Columbus to McDonough
45(>.)
*
Ga., 100 miles. I t is thought the road w ill be extended to Atlanta.
H is t o r y , E tc .—Successor iu 1896 o f the Georgia Midland & Gulf
G a lv e s t o n H o u s t o n 4 H e n d e r s o n o f 1 8 8 2 .—Owns from Gal
RR., sold in foreclosure February 1. Charter runs for 101 years.
veston. Texas, to Houston, Texas, 50 miles.
Sto c k and B onds .—Capital stock is $1,000,000 and may he increased
O r g a n iz a t io n .—Leased in 1883 for 99 years to International & Great $10,000 for eaeh mile o f new road laid.
,
and bonds guaranteed by that oompany, but in December,
Car trusts, $53,900. July, 1894, interest not paid on Ga. Mid. <&G ulf
1890, lease was surrendered and a new contract made by which the bonds and reorganization under the new title was pendi ng In A p ril,
M R. A T. and the International & Great North, use join tly the road 1896. Depositary for bonds. Central Trust Co. R. A. Lancaster & Co.,
between Galveston and Houston. Contract provides for payment to 10 Wall St., fiscal agents. Ten-year notes outstanding, $78,460.
mortgage trustee of $100,000 yearly by the two companies to meet in
tn y « ar ending June 30, 1895, gross, $148,741; net,
terest on G. H. & H.-bonds and an additional rental of $24,000 per
In 1893-94
auuuin for dividends or other purposes—see V. 61, p. 1064. M. K. & T $l/,026: oharges, $71,292; balance, deficit, $54,266.
and International & Great Northern each own 4,999 shares of G l r & gross, $164,131; net, $34,721.- (V . 60, p. 1058; V. 62, p. 138, 277.)
H. stock—see V. 61, p. 1013. Stock. $l,000,00o: par, $100. For year G e o r g ia P a c ific .—See So u t h e r n R a i l w a y Co m p a n y .
827' T h 3i i ’
grn8f • $636'87? ; net. $163:942* other income,
G e o r g ia R a i l r o a d dc B a n k i n g C o m p a n y .—Owns from
fffX*
H *6 ' - ; balance surplus, $52,297. In 1893-94 gross
Augusta, Ga., to Atlanta, Ga., 171 miles; branches to Washington
$403,228; net, $60,842.-(V.60, p. 1145; V 61,p. tor) , 1064
’g
’ and
Athens, 58 miles; Macon & Augusta RR. (proprietary road), Camak,
C a lv e . t o n L a P o r t e * H o u s t o n R y . —Owns road, about com Ga., to Macon, Ga., 74 miles; trackage, 4 miles; total, 307 miles.
pleted in December. 1395, from Houston, Texas, via L a Porte, to Gal
Or g a n iz a t io n .—Owns also one-half the stock o f the Western R ailw ay
veston, 56 miles; belt line at Galveston, 13 miles.
of Alabama (the Central Railroad o f Georgia owning the other half),
H m t o r t . A consolidation in 1895 o f the La Porte Houston & North- and lias a one-flftli interest in tlie P ort R oyal <fc Augusta and a thirty1 if m ° r ? : ° n
Magnolia Park and the North Galveston Houston five one-hundredths interest in the Atlanta & W est Point (whieh see).
A- Ran. City. Projected to dabine River, aoout 145 miles
S ? H antee3 (Jointly with Central RR. & B. Co. o f Georgia) the $1,543,000 first mortgage 4 hi jier cents of Western R ailw ay of Alabama.
In April, 1881, the railroad (307 miles) and its interest in the other
railroad companies were leased for 99 years to W. M. W adley and
assoemtes,
for the Central of Georgia and the Louisville & Nashville, at
w ereiu t?orlm U n ^ ?et.°1 89 6?eiVer3’ c6rtilloate3’ ot wWcl1 S250.000
$600,000 per year. Dec. 31,1892, the banking department was turned
P > ' “I ? ‘I 1w08 5u L 1 Porto & Houston mortgage is for $28,000 per
Georgia Railroad Bank,” a separate corporation, a m ajority
mile, of which bonds are reserved to retire La P. H. & y firsts It is [$198,200] o f whose stock is held by the Georgia RR. & Banking Co.
o i l Gv lv ¥ l
have beQU 80ld- (V. 59', p.’ 1104;
\ . 60, p. 43, 9-8; V. 61, p. 68, 4/0, ol7; V. 62, p. 40, 84,138, 186, 277.) , D iv id e n d s since 1880—In 1881, 9% per cent: in 1882, 104i; from
1883 to 1887, 10; in 1888, 10%; from 1889 to April, 1896, both
iTFi!1 C a r o lin a Ac N o r t h e r n . —Owns road from Monroe, N. C. inclusive, at rate o f l l per cent per annum (2% per oent quarterly).
«« hSSSI1 Park)» . Ga-*
m iles; completed in April, 1892.’
Co S ? H ^ „ R ei>okt-—In yfiar ending March 31, 1895, rental, eto.,
Belongs to Seaboard system, and bonds guaranteed (bvinaorsement was
$600,000; dividend from bank, etc., $11,947; total, $611,947;
1
^ ^ef,8C08* Seaboard & Roanoke and Raleigh <fe Gaston Interest, $148,000; dividends paid (11 per oent). $462,000.
HR. Cos. Mercantile Trust & Safe Deposit Co. of Baltimore is trustee
E ar n in g s .—8 months.) 1895-6, gross, $1,085,842; net, $386,668.
0 1 mortgage; see abstract, V. 49, p. 239. Stock a iX h n riw S * 1 nni?
July 1 to Feb. 29. ) 1894-5, gross,
931,938; net, 306,415.
t
^35*300 (par $100), mostly owned bv the lessees
Including other income, net (1893-96), $448,474, against $368,221.
Loans and bills payable, July 1, 1893, $807,643. E a r n in g s —From
yr.AR's E arning s .—For year ending June 30, 1895, gross, $1,307,638
fn 1895° ^ n ’ VenV1? ^ - 2 montll£>• k™3s' $171,405, aga'limt Il21,35™ net, $320,274 ; total net, including other income, $413,026.
iu 18 .),>. In year 189o, gross, $7/0,/06, against $712 160 in 1804.
in 1893-94 gross, $1,367,185; net, $497,201; total net, including inf l t ^ 2denT ^ gfiQ?I1Q(i30’ 1595i £ ro8?’ ^ 48-247; deficit under operating terest and dividends received. $589,953. In 1892-93, gross, $1,480 252;
$119,o24. In 1893-94, gross, $613,482; deficit, $98,251.
1
*
net, $392,019.—(V. 59, p. 1 102; V. 60, p. 1144.)
f
9>
it\iaglon
OaJwbiirg
HtrtUtoj
r<iaa«ii
»*wno
.OewwiWHtie
UF*jiiw1
g>HUfo<tn
Jsd ias A ro u s 1
■
Uuiilana'
WBtJVj
'c INN ATI
ClwiMtarri
•'*•“
Miwheir
.o<J*IU
v
i w {
/ / « fr e a s o !i CITY ,M°*
Q«;«pR*S**S-,
TW
IW
l«°te /
/
1*
KJ V4
(lO U lt V tk ti
/
rHABHVItLK
^•HKnob
5
Kworwu *
a
o
i«ArT*Noooi
frftaWk »g0*
P
J’tlW
.Uurilon
5
n fu u \
TOetthMM
JcjwkwW*
'■-vtWobla
Olimbn
c «u m iA
>Ahmfa«i
W nJ
W *rr«»
H O « T J1
M*KLC*T©M
*/
HCKttmt
fJACKBOa LbkIamu,
“ toijsr*
^>l»»w. j A„h , Cj.
niTon /“"V * *
■nur.i: I
-
i
“ < I*V * IC K
INVESTORS’ SUPPLEMENT,
70
, V ol . LX II.
s u b M crlb em w i l l c o n f e r a g r e a t f a 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 th e s e T a b le s .
R A IL R O A D S .
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , A c . , s e e n o t e s
o n f ir s t p a g e o f t a b le s .
Bonds—P r i n c i
IN T E R E S T O R D IV ID E N D S .
S iz e , o r
M ile s
D a te
p a l,^ W h e n D u e ,
Am ount
Par
R a te p er
W lie n
of
of
W
l
i
«
r
e
P
a
y
a
b
l
e
,
a
n
d
b
y
Stocks—L a f> t
O u ts ta n d in g
C e n t.
P a y a b le
R o a d . B o n d s V a lu e .
W hom .
D iv id e n d .
Georgia Southern <f Fla.— 1 s t M ., g . , $ 4 ,0 0 0 ,0 0 0 .
Gettysburg dt Harrisb.— 8 o . M t . l 8 t M . , g u a r . b y P . A
285
G e t t y s b V A I I . 1 s t I f . , o l d is s u e , g u . b y P . & R . . .
C o n . M . $ 5 0 5 ,0 0 0 , g . , g u . p .A i . ( e n d . ) b y P l i . A R . c *
Goshen t£ Deckertown—1 s t a n d 2 d m o r t g a g e s ........... !
Gouvemeur if Omceqatchie— 1 s t M ., g o l d , g u . p.«fc i.c
Grand Rapids <£ Indiana — S t o c k ................................. 0 *
l B t M . , la n d g r a n t , g ., s. f. (g u a r , b y P a . R R . ) .
1 s t m o r t g a g e , la n d g r a n t , n o t g u a r a n t e e d ........
1 s t m o r t g a g e , g o l d , n o l i e n o n l a n d g r a n t .......... c *
35
13
335
335
1895
1882
1891
1 8 8 8 -9
1892
37
1869
1869
1869
1891
1884
1884
1893
1886
....
1892
624
624
1/221
2 ,5 3 3
420
P a c i f i c E x t e n s i o n M . f o r £ 6 , 0 0 0 ,0 0 0 , g o l d . .o*Ar|
819
M ln n e a p . U n . R R . l s t M . , g . , g u . ( $ 6 5 0 , 0 0 0 a r e 5 s ).c * |
72
E a s t o f M in n . 1 s t M . ($ 5 0 ,0 0 0 j>. m . ) , g . , g u . . c * A r !
M o n t a n a C e n . 1 s t M . , g . ($ 6 ,0 0 0 ,0 0 0 a r e 6 s )g u . c A n
256
W i i l m a r A 8 io u x F a l l s 1 s t M ., g ., g u .p .A l,(e n a )c * & r |
205
M i n n e a p o l i s W e s t e r n 1 s t m o r t . , g o l d , g u a r ........c*
1879
1879
1880
1883
1887
1890
1882
1888
1887
1888
335
335
2 n d m o r t g a g e , r e d e e m , a t 1 0 5 t i l l A u g . 1 , 1 8 9 4 . c*
G e n e r a l m o r t g a g e f o r $ 1 3 , 0 0 0 ,0 0 0 ..................... c & r
F u n d e d c o u p o n s c r i p f o r $ 1 , 4 9 8 , 4 0 0 ........................
M u s k . G . R . A I n d . R R . 1 s t M ., g o l d , t r a f . g u a r . c
O t. n o r th e r n — S t o c k , p r e f . (n o c o m . s t o c k i s s u e d ) .
C o lla t . T r . m o r t . , r e d . a t 1 0 0 o n 3 m o n t h s , g o l d . c
8 t. P a u l M in n . A M a n . — S t o c k ( r e n t a l 6 p . c. i n g o l d )
8 t. P . M in . A M a n . l s t M . l . g r . , s . f . , g . , d r ’ n a t l 0 5 . c *
2 d m o r t g a g e , g o l d (d o e s n o t c o v e r l a n d s ) ........ c*
367
367
....
$ 1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
100
1 ,0 0 0
100
100 A c.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0 A c
£100 Ac
$ 1 ,0 0 0
1 ,0 0 0 A c
l,0 0 0 A c
1.000
1 ,0 0 0
$ 3 ,5 8 4 ,0 0 0
1 0 0 ,0 0 0
2 5 0 ,0 0 0
2 1 5 .0 0 0
2 4 6 ,5 0 0
3 0 0 .0 0 0
4 ,9 8 6 ,0 8 1
1 ,3 9 9 ,0 0 0
4 2 ,0 0 0
3 3 ,0 0 0
3 , 9 1 4 ,0 0 0
2 ,9 7 5 , 0 0 0
3 ,9 9 6 .0 0 0
1 ,4 8 9 ,4 0 0
7 5 0 ,0 0 0
2 5 ,0 0 0 ,0 0 0
1 5 ,0 0 0 ,0 0 0
2 0 ,0 0 0 , 0 0 0
3 5 7 ,0 0 0
8 ,0 0 0 , 0 0 0
5 ,6 7 6 ,0 0 0
3 3 ,6 2 5 ,0 0 0
7 , 8 0 5 ,0 0 0
£ 3 ,0 0 0 ,0 0 0
$ 2 , 8 0 0 ,0 0 0
4 ,7 0 0 ,0 0 0
8 , 7 0 0 ,0 0 0
3 ,6 2 5 ,0 0 0
5 0 0 ,0 0 0
1
G e o r g i a S o u t h e r n A F l o r i d a l l y . — (See Map
O w n s f r o m M a c o n , G a . f w P a l a t k a . F l a . , 2 8 5 m ile s .
o f Southern Ry . ) —
H i s t o r y .— A r e o r g a n i z a t i o n o f t h e G e o r g i a S . A F . R ailroad , s o ld
in fo r e c lo s u r e A p r . 2, 1895. V ; 6 0 , p . 6 0 6 ; V .5 9 , p . 9 2 0 . N o w c o n t r o lle d
b y S o u th e rn R y ., w h ic h o w n s a m a jo r it y o f a ll s to c k . V . 6 1, p . 11 3 , 37 5 .
Stock.—C o m m o n , $ 1 ,0 0 0 ,0 0 0 ; 1 s t p r e f . 5 p . c ., $ 6 8 4 ,0 0 0 , h a v i n g
l i e n o n t h e p r o p e r t y ; 2 d p r e f . , 5 p . c ., $ 1 ,0 8 1 ,0 0 0 .
a
B o n d s .— A b s t r a c t o f 1 s t m o r t g a g e o f 1 8 9 5 w a s i n V . 6 1 , p . 4 2 9 . T h e
m o r t g a g e is f o r $ 4 ,0 0 0 ,0 0 0 a n d c o v e r s a l l o f t h e p r o p e r t y a n d f r a n c h is e s
a n d p r o v i d e s a ls o t h a t t h e $ 6 8 4 ,0 0 0 first preferred stock a u t h o r iz e d
s h a ll c o n s t i t u t e a l i e n u p o n t h e s a m e s e c o n d o n l y t o t h e b o n d s a n d
c o u p o n s . M o r t g a g e t r u s t e e is M e r c a n t i l e T r u s t A D e p o s i t C o . o f B a l t i
m o r e . O n J u l y 1 , 1 8 9 5 , $ 3 ,5 8 4 ,0 0 0 f i r s t s w e r e o u t s t a n d in g , t h e b a l
a n c e b e in g r e s e r v e d f o r o ld c la im s f o r c a r tr u s ts a n d f o r im p r o v e
m e n t s . O n S e p t e m b e r 3 0 , 1 8 9 5 , t h e r e w e r e e q u i p m e n t n o t e s (d u e
m o n t h l y t o A u g u s t , 1 8 9 9 ,) o u t s t a n d i n g t o t h e a m o u n t o f $ 1 0 9 ,3 9 6 .
E
.-^ 8 m o n t h s
> 1 8 9 5 - 6 .......... g r o s s , $ 6 0 1 ,0 4 3 ; n e t , $ 2 5 1 ,1 3 1
J u ly 1 to F e b . 29.
5 1 8 9 4 - 5 . .......g r o s s , 5 8 5 ,3 6 5 ; n e t . 1 6 8 ,8 8 9
I n t h e y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , g r o s s , $ 8 4 3 ,5 6 0 ; n e t , $ 2 2 8 ,5 9 5 . I n
1 8 9 3 -9 4 , g r o s s e a r n in g s w e r e $ 8 3 1 , 0 5 2 ; n e t , $ 1 8 0 ,8 8 6 .
In y e a r 1893
g r o s s , $ 8 1 7 ,3 2 2 ; n e t , $ 1 7 6 ,9 7 0 .
a r n in g s
Officers.— P r e s i d e n t , B a m u e l S p e n c e r , N e w Y o r k ; V i c e - P r e s i d e n t ,
W m . C h e c k l e y S h a w , M a c o n ; S e c r e t a r y a n d T r e a s u r e r , B e n . C. S m it h ,
M a c o n ; A s s i s t a n t S e c r e t a r y , R . D . L a n k f o r d , N e w Y o r k . — (V . 6 0 , p . 4 3 2 ,
5 2 2 , 6 0 6 , 7 9 4 , 9 2 8 , 9 6 7 , 1 0 1 0 , 1 1 4 5 ; V . 6 1 . p . 1 1 3 , 4 2 0 , 4 2 9 , 8 7 1 .)
G o u v e r n e u r A O a w e jja te h ie .—O w n s f r o m G o u v e r n e u r t o E d
w a r d s , N . Y . , 1 3 m ile s . S t o c k , $ 3 5 0 ,0 0 0 , a l l o w n e d b y N . Y . C e n t r a l ,
— w h ic h g u a r a n t e e s t h e b o n d s . S e e V . 5 5 , p. 8 1 0 a n d V . 5 6 , p . 5 0 1 .
G r a n d R a p i d s A I n d i a n a . —(See Map o f Pennsylvania R R . ) —
O w n s f r o m F o r t W a y n e , I n d . , t o M a c k i n a w C i t y , 3 6 7 m ile s
M a n is t e e
B r a n c h , 1 9 ; o t h e r b r a n c h e s , 5 0 m ile s ; t o t a l o w n e d , 4 3 6 m ile
le a s e s ,
a n d o p e r a t e s C in c in n a t i R i c h m o n d A F o r t W a y n e R R . , 8 6 m i l e s ; T r a
v e r s e C it v R R ., 2 6 m i l e s ; M u s k e g o n G r a n d R a p id s A In d ia n a R R ., 3 7
m ile s — 1 4 9 m i l e s ; t o t a l , 5 8 5 m ile s . S e c o n d t r a c k 3 m iie s .
H i s t o r y and S t o c k .— F o r m e d i n 1 8 5 4 a n d o p e r a t e d in in t e r e s t o f t h e
P e n n s y l v a n i a R a ilr o a d , , w h i c h v o t e s a m a j o r i t y o f s t o c k u n t i l J u l y , 1 9 4 1 .
F oreclosure Sale .— S a ie u n d e r f o r e c l o s u r e o f s e c o n d m o r t g a g e is
t o ta k e p la c e A p r il 2 7, 1 8 9 6 . S ee V . 6 2 , p . 50 2 .
Reorganization.— D e f a u l t
w a s m a d e S e p t. 1, 1 8 9 2 , o n c o u p o n s o f
g e n o r a l m o r t g a g e 5 p e r c e n t s , a n d in 1 8 9 3 m o s t o f t h e h o ld e r s c o n
s e n t e d t o f u n d t h e i n t e r e s t fr o m M a r c h 1 , 1 8 9 2 , t o M a r c h 1, 1 9 0 0 , i n t o
s c r ip , u p o n w h i c h 4 p e r c e n t i n t e r e s t s h a h b e p a i d s e m i- a n n u a lly u n t i l
t h e s c r i p is p a i d in f u l l . T h i s p l a n d id n o t a f f o r d s u ffic ie n t r e l i e f a n d
o n O c t , 1, 1 8 9 4 , f i r s t m o r t g a g e c o u p o n s o n t h e u n g u a r a n t e e d b o n d s
w e r e n o t p a id , b u t h o l d e r s w e r e o f f e r e d $ 1 ,1 1 0 p e r b o n d in c a s h o r e x
c h a n g e f o r g u a r a n t e e d 4.13 p e r c e n t s m e n t i o n e d a b o v e . I t i s p r o p o s e d
t o r e o r g a n iz e th e c o m p a n y . V . 5 9 , p . 1 0 0 7 .
, Committee.—G e n e ra / Mortgage Bondholders.—A p p o i n t e d i n J u n e ,
1 8 9 o : J a m e s B r o w n P o t t e r (5 9 W a l l S t r e e t , N e w Y o r k ) , H a r r y F W e s t
(9 2 7 C h e s t n u t S t r e e t , P h i l a d e l p h i a ) , a n d M o s e s L . S c u d d e r (3 2 L i b e r t v
S t r e e t , N e w Y o r k ) . S e e V . 6 0 , p . 1 1 0 4 ; V . 6 2 , p . 8 4.
Bonds.—A p o r t i o n o f t h e 7 p e r c e n t f i r s t m o r t g a g e l a n d g r a n t b o n d s
h a v e b e e n e x te n d e d a t 4 ^ p e r c e n t. T h e y a r e e n d o r s e d w it h t h e g u a r
a n ty o f th e P e n n s y lv a n ia R R . C o. to p u rc h a s e th e c o u p o n s as th e v
m a tu r e , a n d th e b o n d it s e lf a t m a t u r it y i f n o t p a id b y th e G r a n d
R a p i d s C o m p a n y . T h e y h a v e n o l i e n o n t h e la n d g r a n t . S e e g u a r a n t y
V . 5b, p. 649
P e n n s y l v a n i a R R . o n D e c . 1 , 1 8 9 5 , o w n e d $ 2 ,7 0 0 ,0 0 0
2 d m o r t g a g e b o n d s a n d $ 1 ,3 5 8 ,3 5 6 c o u p o n s .
*
lo n n ftn n
-Et c — O n D e o . 1 , 1 8 9 5 , c a r t r u s t s d u e a n d u n p a id ,
~0 t y 6 t d ‘ l e ’ i u c l u d m £ l o c o m o t i v e s , $ 1 2 5 ,3 5 9 ; b i l l s p a y a b l e ,
c o u p o n 8 P u r c h a s e d b y P e n n . R R . ( i n c l u d i n g in 00,11,0,18 h e ld
7 P e lm - R E " $ 6 4 8 , 0 0 0 ; r e a l
L a n d s .— T h e c o m p a n y h a s a l a n d g r a n t a n d i n 1 8 9 4 s o ld 1 2 ,5 7 4 a c r e s
t m m a VOO'T’ ill' >i 1 ,4 0 0 a c r e s o f p i n e la n d , f o r t h e a g g r e g a t e p r i c e o f
$ 1 0 2 ,9 9 8 .
1 h e la n d s u n s o ld o n .Tan. 1, 1 8 9 5 , w e r e a b o u t 2 3 5 ,4 9 4
$ 9 V 7 ^ l T ^ S 'h & s 'r e o e i v a b l
^e m p t l o n o f l a n d g r a n t b o n d s D e c . 3 1 , 1 8 9 4 .
Earnings.—2
m o n t h s . 5 1 8 9 6 ......... G r o s s , $ 3 9 7 ,1 9 6 ; n e t , $ 7 3 ,3 5 3
J a n. 1 t o F e b . 2 9 .
( 1 8 9 5 ......... G r o s s , 3 6 7 ,0 7 7 ; n e t , 6 3 ,2 6 9
* I n y e a r 1 8 9 5 g r o s s $ 2 , 6 8 6 , 9 1 4 ; n o t , $ 5 4 4 ,4 4 6 .
f o r t h e w h o l e s y s t e m , 5 8 5 m ile s .
T h e s e e a r n in g s a r e
88 “ e
A n n d a l R e p o r t .— R e p o r t f o r 1 8 9 4 w a s I n V . 6 0 , p . 7 0 9 . s h o w i n g
r e s u lt s b e l o w ; r e n t a l s a n d m is c e lla n e o u s in 1 8 9 2 in c lu d e d $ 1 6 3 ,8 7 0 f o r
o a r t r u s t s b e t t e r m e n t s , e t c .; I n 1 8 9 3 , $ 8 7 ,6 8 2 a n d i n 1 8 9 4 ; $ 7 8 9 8 3 f o r
c o n s t r u c t i o n a n d e q u ip m e n t .
?
’
ui
31.
1894.
1893.
„ „Year end’g
_ Dec.
--------1892.
1891,
M i l e s o p e r a t e d . ............
436
436
436
432
G r o s s I n c o m e ................ $ 1 ,9 0 0 ,4 0 1 $ 2 ,1 8 5 ,8 9 9 $ 2 ,5 1 6 ,6 4 0
$ 2 ,4 0 0 ,4 1 4
N e t o v e r e x p ’s & ta x e s
4 3 8 ,9 0 6
3 8 8 ,2 8 3
7 3 2 ,6 5 4
6 9 4 ,7 8 8
In te r e s t o n b o n d s, e tc .
5 0 9 ,4 8 6
5 1 6 ,0 8 2
7 0 1 ,1 9 4
7 1 7 ,2 1 9
I n t . o n flo a tin g d e b t ..
8 9 ,8 4 8
8 7 ,0 9 2
7 0 ,6 5 3
8 6 ,8 9 6
R e n ta ls a n d m is c e l. . .
1 3 7 ,4 8 7
1 2 7 ,5 3 7
2 0 3 ,9 7 2
2 0 8 ,4 3 1
B a l a n o e ............ - ...........d f.$ 2 9 7 ,9 1 5 d f . $ 3 4 2 , 4 2 8 d f . $ 2 4 3 ,1 6 5 d f . $ 3 1 7 ,7 5 8
5 g.
6
6
5 A 6
6
5 g.
7 g.
7 g.
7 g.
4 h sg.
6
5
4
5 g.
5 p e r an.
4 g.
6 p e r an.
7 g.
6 g.
6 g.
4 L j A 6g.
4 g4 g.
5 & 6g.
5 g.
5 & 6 g.
5 g.
5 g.
. & j . B a lt .,M . T .& S .D .& N . Y .
A . & O . P l i i l a . , P . & R . o ffic e .
A . A O.
do
do
V a r io u s
do
do
j
J.
<k D , N . Y . , G r ’ d C e n t . S t a t io n .
J.
A.
A.
J.
M.
M.
M.
j.
Q
M.
Q
J.
A.
M.
j .
J.
J.
j .
A.
j.
J.
J.
A
J. N . Y . , W in s lo w ,
A p r ., ’ 94, cou p,
A p r ., ’9 4 , co u p ,
N . Y . , W in s lo w ',
& O.
A O.
cX J .
A N.
A 8.
A S.
& j .
.-F .
A S.
.-F .
& J.
& O.
A N.
& j .
A D.
A J.
& j.
A O.
& j.
& D.
& J.
L. A
la s t
la s t
L. &
C o.
pd.
pd.
bo.
M a r / 9 2 , c o u p , la s t p a id
P h ila d e lp h ia , P a .
J a n . , ’ 9 4 , c o u p , l a s t p a id
N . Y . O f f ic e , 2 7 P i n e S t.
do
do
do
do
N ew Y o rk and London.
do
do
N e w Y o r k , 2 7 P i n e S t.
do
do
do
do
N .Y . A L o n .,B a r in g B ro s
N e w Y o r k , 2 7 P i n e S t.
N .Y .2 7 P in e ; B o s .,L e e ,H
N e w Y o r k , 2 7 P i n e S t.
do
do
do
do
] — (V . 6 0 , p . 4 3 2 , 7 0 9 , 7 9 4 ,1 0 5 8 ,1 1 0 4 ; V . 6 1 , p. 6 8 ;
V.
J u ly
1, 1 9 4 5
1898
1914
O c t . 1, 1 9 2 6
1 9 2 8 -2 9
J u n e 1, 1 9 4 2
O c t.
O c t.
O c t.
J u ly
N ov.
S e p t.
1,
1,
1.
1,
1,
1,
1899
18991899
1941
1899
1924
J u ly
Feb.
S e p t.
Feb.
J u ly
O c t.
N ov.
J u ly
June
J u ly
J u ly
A p r.
J u ly
June
J u ly
1,
1,
1.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
192^
1896
1902
1896
1909
1909
1910
1933
1937
1940
1922
1908
1937
1938
1911
6 2 , p .8 4 , 5 0 2 ,5 4 8 .1 -
G r e a l N o r t h e r n . — (See M ap.)—O p e r a t e s u n d e r le a s e t h e S t. P a u l
M i n n e a p o l i s & M a n i t o b a R a i l r o a d , 3 ,7 7 0 m i l e s o f r o a d .
A ls o o w n s th e
e n t i r e B to e k o f t h e f o l l o w i n g lin e s , b u t k e e p s t h e i r e a r n i n g s s e p a r a t e ,
th e ir In c o m e a p p e a r in g in t h e G r e a t N o r t h e r n in c o m e a c c o u n t o n ly a s
r e v e n u e fr o m s to c k s a n d b o n d s o w n e d o r as o t h e r r e c e ip t s : T h e W iilm a r
<fc S i o u x F a l l s , W i i l m a r , M in n . , v i a S i o u x F a l l s , t o Y a n k t o n , D a k . , 2 0 5
m ile s ; t h e D u l u t h W a t e r t o w n & P a c i f i c , W a t e r t o w n , D a k . , t o H u r o n ,
D a k ., 7 0 m ile s ; t h e M i n n e a p o l i s U n i o n , 2 -5 m ile s ; t h e E a s t e r n o f M i n n e
s o t a , 7 2 m ile s ; t h e M o n t a n a C e n t r a l, G r e a t F a l l s , M o n ., t o B u t t e , M o n
2 5 7 m ile s , i n c l u d i n g b r a n c h e s .
A ls o o w n s th e S e a ttle & M o n ta n a , F a i r H a v e n & S o u th e rn a n d N e w
W e s t m i n s t e r S o u t h . R R s . , e x t e n d i n g f r o m S e a t t l e , W a s h ., t o 8 . W e s t
m in s te r , 1 5 9 m ile s . T o t a l o p e r a t e d J u ly 1, 1 8 9 5 , 4 ,4 9 6 m ile s m a in
l i n e ; 2 d , 3 d , e t c . , t r a c k s a n d s id in g s , 6 5 6 m . ; t o t a l t r a c k , 5 ,1 5 2 m i l e s .
History, Stock, L eases, Etc.—T h i s c o r p o r a t i o n I n F e b r u a r y , 1 8 9 0 ,
l e a s e d t h e S t. P a u l M i n n e a p o l i s & M a n i t o b a f o r 9 9 9 y e a r s , a s s u m i n g I t s
fu n d e d d e b t a n d g u a r a n t e e i n g 6 p e r c e n t p e r a n n u m i n g o l d o n I t s $ 2 0 ,0 0 0 ,0 0 0 s t o c k . T h e G r e a t N o r t h e r n ’ s a u t h o r i z e d c a p i t a l w a s $ 4 0 , 0 0 0 , 0 0 0 ,
o f w h i o h $ 2 0 ,0 0 0 ,0 0 0 p r e f e r r e d 6 p e r c e n t n o n - c u n m l a t i v e w a s o f f e r e d
t o M a n i t o b a s t o c k h o ld e r s a t 5 0 , t h e r e m a i n i n g 5 0 p e r c e n t b e i n g p a i d b y
a t r a n s f e r t o t h e G r e a t N o r t h e r n o f a l l t h e s e c u r it ie s o w n e d b y t h e M a n
i t o b a C o m p a n y , a m o u n t i n g t o o v e r $ 2 2 , 0 0 0 , 0 0 0 ; s u b s e q u e n t l y $ 5 ,0 0 0 ,0 0 0 o f p r e f e r r e d w a s is s u e d . T h e s e c u r it ie s a c q u i r e d b y t h e G r e a t N o r
th e r n h a v e b e e n p la c e d m t r u s t t o s e c u re t h e u n it y o f t h e s y s te m .
(S e e
V . 4 9 , p . 4 3 5 ; V . 5 0 , p . 2 0 5 .) T h e p r e f e r r e d s t o c k c a n b e i n c r e a s e d w i t h
t h e c o n s e n t o f t h r e e fo u r th s t h e p r e f. o u ts ta n d in g .
Stock—I n 1 8 9 3 $ 5 ,0 0 0 ,0 0 0 p r e f e r r e d s t o c k
e q u ip m e n t, t e r m in a ls , e tc . S e e V . 5 6 , p . 7 5 3 .
w as
s o ld t o
pay
fo r
L ands.—S t.
P . M in . & M a n . la n d g r a n t w a s 3 ,8 4 8 ,0 0 0 a c re s . L a n d
s a le s a r e a p p l i e d t o t h e r e d e m p t i o n o f 1 s t m o r t . b o n d s a t o r u n d e r 1 0 5
S a le s f o r y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , w e r e 3 1 ,7 5 4 a c r e s , f o r $ 2 5 2 ,7 2 1 , a n d 1 6 2 t o w n l o t s f o r $ 4 ,0 1 5 . T h e n e t a m o u n t d u e o n la n d c o n
t r a c t s J u n e 3 0 . 1 8 9 5 , w a s $ 1 ,4 9 4 ,9 4 1 ; la n d s u n s o ld , 1 ,4 6 3 ,4 0 1 a o r e s , o f
w h i c h 1 1 8 ,3 5 3 a c r e s i n d is p u t e w i t h S t. P . & N o r t h e r n P a c i f i c .
M i n n e a p o l i s & S t. C lo u d g r a n t w a s 4 7 6 , 8 6 4 a c r e s ; u n s o l d J u l y 1 ,
1 8 9 5 , 4 1 1 ,8 8 5 a c r e s ; s a le s in 1 8 9 4 - 9 5 w e r e 2 ,8 0 7 a c r e s f o r $ 1 2 ,1 5 2 .
Dividends, ( 1 8 9 0 1 8 9 1
1892
1893
G r e a t N o r th , p f. s 1 %
4%
5
5
I n 1 8 9 6 , F e b . , 1 >4 p e r c e n t o n p r e f e r r e d .
1894
5
1895
5
1896
B e lo w .
Bonds.—I n 1 8 9 2 t h e G r e a t N o r t h e r n Is s u e d I t s collateral trust b o n d s
f o r $ 1 5 ,0 0 0 ,0 0 0 , s e c u r e d b y d e p o s i t w i t h t h e t r u s t e e o f £ 3 , 0 0 0 , 0 0 0 P a o i f l o
E x t e n s i o n 4 s o f t h e S t. P a u l M in n . & M a n i t o b a R y . C o . V . 5 4 p 5 2 5
T h e S t. P a u l M in . & M a n . consol, mort. o f 1 8 8 3 i s f o r $ 5 0 ,0 0 0 ,0 0 0 , o f
w h i c h b o n d s a r e r e s e r v e d t o p a y p r i o r lie n s . T h e m o r t g a g e o n Montana
Extension i s f o r $ 2 5 ,0 0 0 ,0 0 0 f o r e x t e n s i o n s , $ 1 5 ,0 0 0 p e r m i l e b e i n g
a l l o w e d f o r s e c o n d t r a c k ; b o n d s f o r $ 1 1 ,5 0 2 ,0 0 0 s e c u r e d b y t h is m o r t g a g e , a d d it io n a l t o a m o u n t in t a b le , a r e d e p o s ite d a s p a r t s e c u r ity f o r
P a o iflo e x te n s io n b o n d s . A b s t r a c t V . 4 5 , p . 342.
Pa cific extension m o r t g a g e f o r £ 6 , 0 0 0 , 0 0 0 (t r u s t e e o f m o r t g a g e C e n
t r a l T r u s t C o m p a n y o f N e w Y 'o r k ) , p r o v i d e s f o r b o n d s a t £ 6 , 0 0 0 p e r
m ile in M o n ta n a a n d £ 7 ,0 0 0 p e r m ile w e s t o f M o n t a n a ; £ 3 ,0 0 0 ,0 0 0
o f t h i s is s u e , i n a d d i t i o n t o t h o s e g i v e n i n t h e t a b l e a b o v e , a r e p l e d g e d t o
sec u re th e G r e a t N o r th e r n ’ s c o lla te r a l tr u s t b on d s. S ee a b s tr a c t o f
m o r tg a g e . V . 5 2 , p . 82.
Eastern Railway o f Minnesota r u n s f r o m H i n c k l e y n o r t h w a r d 7 0
m ile s , t o a p o i n t n e a r D u l u t h ; t h e m o r t g a g e c o v e r s e q u i p m e n t , t e r
m i n a l s a n d e l e v a t o r s . Montana Central b o n d s c o v e r s e v e r a l r o a d s
(S e e a d v . Chron. D e c . 1 2 , 1 8 9 1 . ) T h e M a n i t o b a g u a r a n t e e s b o t h t h e s e
is s u e s , a n d t h e G r e a t N o r t h e r n a s s u m e s t h e g u a r a n t y .
T h e W iilm ar <£- Sioux Falls b o n d s a r e e n d o r s e d w i t h j o i n t a n d s e v e r a l
g u a r a n t y o f t h e M a n i t o b a a n d G r e a t N o r t h e r n c o m p a n ie s .
F u rth e r
is s u e s m a y h e m a d e a t $ 1 7 ,5 0 0 p . m . f o r a d d i t i o n a l r o a d . V . 5 6 , p . 2 4 7 .
M inneapolis Western f i r s t m o r t g a g e i s f o r $ 1 , 0 0 0 , 0 0 0 a n d c o v e r s t h e
p r o p e r t y a n d e q u ip m e n t o f th a t c o m p a n y . T h e b o n d s a r e u n c o n d itio n
a l l y g u a r a n t e e d b y t h e S t. P . M . & M . a n d t h e G t . N o r . V . 6 0 , p . 8 3 5 .
General F inances.— T h e e a r n i n g s o f t h e c o m p a n y f r o m J u n e 1 8 ,
1 8 9 3 , in c l u d e t h e P a c i f i c E x t e n s i o n , 8 1 9 m ile s .
I n A u g u s t , 1 8 9 4 , t r a f f i c a r r a n g e m e n t s w -e re m a d e w i t h O r e g o n R y . &
N a v . C o , g i v i n g G t . N o r t h e r n a t h r o u g h l i n e f r o m S t. P a u l , M i n n . , t o
P o r t l a n d , O r e ., v i a S p o k a n e . V . 5 9 , p . 1 5 2 , 1 9 1 . I n y e a r 1 8 9 3 - 9 4 t h e
G r e a t N o r t h e r n r e c e i v e d $ 4 0 0 ,0 0 0 i n d i v i d e n d s o n E a s t e r n R y . o f M in n ,
s t o c k a n d $ 1 5 0 ,0 0 0 f r o m d i v i d e n d s o n W i i l m a r & S i o u x F a l l s s t o c k .
M i n n e a p o l i s W e s t e r n f i r s t 5 s f o r $ 5 0 0 ,0 0 0 w e r e s o ld i n M a y , 1 8 9 5 .
E x c h a n g e o f S t. P . M . & M . f i r s t 7 s f o r c o n s o l. 41 2 s o f 1 8 8 3 a t p a r w a s
o ffe r e d t i l l D e c . 1 ,1 8 9 5 . V . 61, p . 7 0 3 .
E arnings.— F r o m J a n . 1 t o M a r . 3 1 , 1 8 9 6 , 3 m o n t h s , g r o s s , $ 3 ,6 4 4 ,
7 8 6 , a g a i n s t $ 2 ,9 0 8 ,0 4 3 i n 1 8 9 5 . F o r t h e s i x m o n t h s e n d i n g D e c . 3 1
r e s u lts h a v e b e e n a s fo llo w s , in c o m e fr o m s te a m s h ip s , in v e s t m e n t s ,
r e n t a ls , & e ., n o t in c lu d e d (V . 6 2 , p . 7 2 6 .):
6 mos.end. Gross
Ret
Bond int.
P ref. stock Balance,
Dec. 3 1 . earnings.
earnings, and guar.dins, dividend. surplus.
1 8 9 5 . . . . $ 1 1 , 6 3 9 , 2 2 7 $ 5 , 9 6 3 ,3 5 1 $ 3 , 2 5 3 , 7 4 2 (2 i2 > $ 6 2 5 ,0 0 0$ 2! ,0 8 4 ,6 0 9
1 8 9 4 . . .. 9 ,8 8 7 ,8 4 1
4 , 8 7 5 ,0 9 6
3 ,1 1 2 ,1 3 3 ( 2 i a ) 6 2 5 ,0 0 0
1 ,1 3 7 ,9 6 3
A nnual R eport.—F i s o a l y e a r e n d s J l i n e 3 0 . A n n u a l m e e t i n g is h e l d
a t S t. P a u l o n t h e s e c o n d T h u r s d a y i n S e p t e m b e r . T h e a n n u a l r e p o r t
f o r 1 8 9 4 - 9 5 w a s p u b lis h e d i n f u l l i n V . 6 1 , p . 9 2 2 , 9 3 0 . S e e a ls o e d i t o r i
a l, p . 8 9 5 .
p*
M A P OF T H E
.1
. Winnljfff:
JUMimitow
Afbroft,
j_
\
i
NORTHERN
RAILW AY SYSTEM.
Mfcuk’in^ l l a t /
ip t J le l^ w l
AMurvrorth
GREAT
UuBfnopo
VANC(
NDI
:TOR
a
Con.-onulT> r ' ,n ) P «
RAILWAY
great
CO
great
Q
O
aq
f t e l
|LyO»rftMld |
a LW*»(?OW
OUUlTM
'jM y M
Vmmtfj
MKttvm
STOCKS
U V i«g*t0 O ‘
H eppn «r
KAILKOAD
PrfnovUJ®
Knterrpj
MUm
M ir
||»miln«tW
Atarilin
mimw<
Marntty ©
ShtMgtttaft |tj,
b u k >)i *
4 $:
ififtM l SttMff
©«***%?«
Or«AM U jmjhI
Mmrwgt'
O IM
„ im.]
Tdmmu
VkMt
mA&w!
'tipml lief*#
'• MUn|
*"
fM
l^
INVESTORS’ SUPPLEMENT
75t
[ V o l . LXII,
Su bscribers 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 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 .
R A IL R O A D S .
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , & c ., s e e n o t e s
o n f i r s t p a g e o f t a b le s .
M ile s
of
Road.
S iz e , o r
D a te
Par
of
B o n d s V a lu e .
G reen B a y W in o n a d St. P a u l — S t o c k ( $ 2 , 0 0 0 , 0 0 0 p f . )
O ld 1 s t m o r t g a g e ................................................................
1 s t c o n s o l. M . ( F a r m e r s ’ L o a n & T r . C o .) g o l d . . . c
2 d m o r t g a g e . I n c o m e , n o n - o u m u l a t i v e .................... c
219
215
215
1881
1892
1892
"
1872
1893
G reene R R . fJV. ¥ .)—Stock.....................................
F i r s t m o r t g a g e ....................................................................
G u lf B e a u m o n t d K .C .— 1 s t m o r t . , $ 7 5 0 ,0 0 0 , g o l d . e
G ulf d C h ic a g o —S t o c k ...........................................................
H a n c o c k d C a lu m e t— S t o c k .................................................
C o n s o l. M . ($ 4 0 0 ,0 0 0 ) g o l d , r e d e e m a b l e a t 1 0 5 . . .
8
*6 2
**22
1891
2*92
1881
1894
H a n n ib a l d St. J o s e p h —C o m m o n ............................
P r e f e r r e d ..................................................................................
C o n s o l, m o r t g a g e , n o w 1 s t m o r t g a g e .................. c*
F u n d i n g u o t e s ......................................................................
H a r n s b . P o rts m 'th M i. J o y d L a n e .— S to c k / 7 p . e .g u .
1 s t m o r t g a g e ( e x t ’ d i n 1 8 8 3 ), g u a r . p . & i . P a . R R . . r
H a r tfo r d d C o n n e c tic u t W estern— S t o c k
. ..............
1 s t m o r t g a g e ..........................................................................
H ib e r n ia M in e R R . — S t o c k .................................................
H o o s a c T u n n e l d W ilm in g to n .— B o n d s , $ 2 5 0 , 0 0 0 . .
H o u s a to n ic — S e e N ew Y ork N ew H aven & Hartf
H o t S p r in g s —S t o c k , $ 1 ,0 0 0 ,0 0 0 , a u t h o r i z e d .............
1 s t m o r t g a g e , $ 5 0 0 ,0 0 0 , g o l d .................................. c *
H ou s t.E a s t d W e s t Texas— 1 s t M . ($ 2 0 ,0 0 0 p . m .),g .c & r
H ou sl. d Tex. Cent. R R .— C o m m o n s t o c k ......................
S t a t e o f T e x a s p r i o r l i e n o n f i r s t 7 5 m i l e s .............
1 s t M . l. g r . , g . ,r e d . 1 1 0 .in t .g u . e n d . , $ 8 ,6 3 4 , OOO.c\fcr
C o n s . M ., ld . g r . , g o l d , r e d . a t 1 1 0 , i n t . g u a r . , e n d . c * & r
G e n . m o r t .,g o ld , ln t. g u a r, b y S o. P a c ^ e n d .- .c ^ fc r
D e b e n t . , p . a n d 1. g u . S o . P a c . , e n d . S e e t e x t . < *<fcr
D e b e n t . , p . a n d i. g u . S o . P a c . , e n d . S e e t e x t . c * & r
*54
54
109
109
4 i4
2 4 *2
ORD.
*
2*2
192
1853
1883
1892
1893
1893
1870
1890
1890
1890
1890
1890
*7 5
453
453
453
$100
$ 1 0 ,0 0 0 ,0 0 0
1 ,0 0 0
1 0 5 ,0 0 0
500 Ac.
2 ,3 9 5 ,0 0 0
1 ,0 0 0
3 ,7 8 1 ,0 0 0
10
2 0 0 ,0 0 0
500
2 0 0 ,0 0 0
3 6 4 ,5 0 0
500
100
4 0 0 ,0 0 0
100
3 5 0 ,0 0 0
1 ,0 0 0
3 3 0 ,0 0 0
100
9 ,1 6 8 ,7 0 0
100
5 ,0 8 3 ,2 0 0
1 ,0 0 0
8 ,0 0 0 ,0 0 0
1 0 ,0 0 0
5 0 ,0 0 0
50
1 ,1 8 2 ,5 5 0
5 0 0 & c.
7 0 0 ,0 0 0
100
2 ,7 0 3 ,8 0 0
1 ,0 0 0
7 0 0 ,0 0 0
100
2 0 0 ,0 0 0
1 ,0 0 0
2 5 0 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
100
6 0 0 ,0 0 0
4 9 2 ,0 0 0
3 ,8 4 0 ,0 0 0
1 0 ,0 0 0 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
7 ,3 8 1 ,0 0 0
3 ,4 5 5 ,0 0 0
4 ,2 9 7 ,0 0 0
7 0 5 ,4 2 0
4 1 1 ,0 0 0
T h e f o l l o w i n g t a b l e s s h o w s (1 ) e a r n i n g s o f t h e lin e s l e a s e d f r o m S t.
P a u l M in n e a p o l i s & M a n i t o b a C o ., (2 ) t h e G t . N o r t h e r n i n c o m e a c c o u n t ,
(3 ) t h e e a r n i n g s o f t h e E a s t e r n o f M i n n e s o t a , M o n t a n a C e n t r a l , e t c .
( 1 . ) O P E R A T IO N S ST. P A U L M IN N E A P O L IS A M A N IT O B A .
( TT. d S. F. and D.
Year end. June 3 0 . 1 8 9 5 .
IT. d P. not
1894.
3 ,7 6 5
$ 1 ,8 1 0 ,3 3 0
8 ,7 6 2 ,9 8 4
7 7 2 ,0 4 3
included.)
1893.
3 ,3 5 2
$ 2 ,1 4 5 ,2 9 3
-----------------1 0 ,5 2 2 ,8 0 5
8 5 4 ,4 8 3
1892.
2 ,8 6 5
$ 2 ,0 2 8 ,9 4 9
9 ,7 2 0 ,4 8 6
8 5 4 ,6 9 3
$ 1 3 ,5 2 2 ,5 8 1
$ 1 2 ,6 0 4 ,1 2 8
$ 1 ,7 6 7 ,4 4 7
$ 2 ,1 0 7 ,4 1 3
8 5 5 ,6 3 5
1 ,0 4 5 ,4 1 9
3 ,2 1 9 ,1 7 2
6 4 6 ,5 2 5
4 1 1 ,9 4 3
3 ,4 7 3 ,2 7 7
7 0 9 ,3 0 8
3 7 5 ,5 5 4
$ 2 ,2 4 3 ,5 4 3
5 6 1 1 ,8 9 5
*2 ,2 3 0 ,5 3 0
1 ,5 4 1 ,4 5 4
5 0 5 ,8 7 6
3 6 7 ,5 5 1
T o t a l e x p e n s e s .$ 7 ,6 0 5 ,6 7 8
$ 6 ,9 0 0 ,7 2 2
$ 7 ,7 1 0 ,9 7 1
$ 7 ,5 0 0 ,8 4 9
N e t e a r n i n g s .......... . $ 5 ,5 0 4 ,2 6 2
$ 4 ,4 4 4 ,6 3 5
$ 5 ,8 1 1 ,6 1 0
$ 5 ,1 0 3 ,2 7 9
A v . m ile s o jie r a te d .
3 ,7 6 6
P a s s e n g e r e a r n g ’ s . $ 1 ,8 5 4 ,8 2 2
F
1 0 ,3 6 5 ,0 3 2
” r e i‘ g h t e a r n ‘i n g s . . . -----------------M a il, e x p . , r ’ n t s ,& c .
8 9 0 ,0 8 6
T o t . g r o s s e a r n s . . $ 1 3 , 1 0 9 , 9 4 0 $ 1 1 ,3 4 5 ,3 5 7
M a in t . o f w a y , <feo. . $ 1 ,9 0 9 ,3 1 3
M a i n t . o f c a r s ........
• J 9 5 0 ,9 3 7
M o t i v e p o w e r ........
T r a n s p o r t a t i o n . . . . 3 ,5 5 6 ,6 9 9
G e n e r a l ..................... .
7 2 9 ,5 1 3
4 5 9 ,2 1 6
T a x e s .......................... .
P .o . o f e x p .
&ta x e s .
5 8 -0 1
6 0 *8 2
5 7 -0 2
5 9 -5 1
( 2 ) G R E A T N O R T H E R N R A I L R O A D IN C O M E A C C O U N T .
Year ending June
30.
1895.
N e t e a r n s . S t. P . M . & M a n . . . . $ 5 ,5 0 4 ,2 6 2
I n t e r e s t o n b o n d s o w n e d ..........
1 1 3 ,9 1 7
D i v i d e n d s o n s t o c k s o w n e d ___
7 3 1 ,6 3 1
R e n t a l s o f l e a s e d l i n e s ................
2 2 8 ,6 4 0
I n t e r e s t a n d e x c h a n g e ................
2 1 ,9 1 2
B i l l s r e c e i v a b l e ...............................
5 3 ,6 5 5
O t h e r i n c o m e .................................
1 5 8 ,0 8 1
1894.
$ 4 ,4 4 4 ,6 3 4
1 3 3 ,1 9 7
1 ,0 8 4 ,6 0 8
2 3 6 ,1 3 4
2 4 8 ,0 9 9
1 0 9 ,8 0 7
1 7 9 ,6 7 1
1893.
$ 5 ,8 1 1 ,6 1 0
2 4 4 ,0 4 0
7 0 ,1 3 6
1 9 1 ,5 1 8
2 5 6 ,6 8 8
9 2 ,8 3 0
1 6 3 ,3 3 9
T o t a l r e c e i p t s ..........................$ 6 ,8 1 2 ,0 9 8
P a id r e n t a l S t. P . M . & M a n ..
5 ,3 7 2 ,5 9 0
G r e a t N o r t h e r n d i v i d e n d s . . . . (5 ) 1 ,2 5 0 ,0 0 0
M i s c e lla n e o u s
$ 6 ,4 3 6 ,1 5 0
$ 6 ,8 3 0 ,1 6 1
____
_
5 ,3
1 2 _______________________
,6 5 5
4 ,6 4 7 ,1 4 9
(5 )1 ,1 8 7 ,5 0 0
(5 )1 ,0 0 0 ,0 0 0
4 0 ,1 5 0
682
B a l a n c e ...........................................s u r. $ 1 8 9 ,5 0 8
d e f.$ 1 0 4 ,1 5 5 s r . $ l , 1 8 2 , 3 3 0
( 3 ) E A S T E R N M IN N E S O T A , M O N T A N A C E N T R A L , E T C .
F e a r end. June 3 0 ,’ 9 5 .
Gross.
Net. Fixed charges. Balance.
E a s t e r n M i n n e s o t a . . .$ 1 ,4 9 8 ,4 4 7
$ 8 1 6 ,0 7 7
$ 3 2 1 ,4 0 2
$ 4 9 4 ,6 7 5
M o n t a n a C e n t r a l ........ 1 ,5 5 0 ,8 9 0
5 1 9 ,1 3 1
4 9 8 ,6 0 0
2 0 ,5 3 1
M in n e a p o l i s U n i o n . . .
3 0 4 ,5 6 2
2 4 9 ,6 7 7
1 6 1 ,5 0 0
8 8 ,1 7 7
W i l l m a r & S io u x F a l l s
3 5 5 ,8 0 1
1 2 3 ,1 6 6
1 8 1 ,2 5 0 d e f . 5 8 , 0 8 4
T h e n e t e a r n i n g s h e r e i n c lu d e
o th e r in c o m e ,” w h ic h f o r E a s te r n
M in n ., w a s $ 1 2 8 ,6 2 2 ; f o r M o n t . C e n t ., $ 1 8 ,9 1 7 ; f o r M in n . U n io n , $ 5 9 5 ;
f o r W i l l m a r & S i o u x F ., $ 2 4 8 .
—
60, p . 4 8 0 , 656 , 8 3 5 , 8 3 6 ; Y . 6 1 , p . 2 7 , 2 4 1 , 3 6 7 , 5 1 7 , 5 5 8 , 7 0 3 ,
8 6 9 , 8 9 5 , 9 2 2 , 9 2 5 , 9 3 0 , 1 1 0 8 ; Y . 6 2 , p . 3 0 , 5 0 3 , 6 3 6 , 7 2 6 .)
G r e e n B a y W i n o n a dc St. P a u l . - R o a d o w n e d f r o m G r e e n B a y ,
W is ., t o M a r s h la n d , W is ., 2 0 9 m ile s ; b r a n c h e s , 1 3 m ile s : t r a c k a g e t o
W in o n a , 4 m ile s ; t o t a l , 2 2 5 m ile s , o f w h i c h i n M a r c h , 1 8 9 3 , 1 7 2 m il e s
were s t e e l. A l s o le a s e s t h e K e w a u n e e G r e e n B a y & W e s t e r n R R .
K e w a u n e e t o G r e e n B a y , 3 9 m ile s .
Committees.—F o r first consols, W . ,T. H u n t , M . T . C o x a n d C . L
B l a i r . F o r stock and incomes, J o h n I . W a t e r b u r y , E d w i n S. H o o l e y o f
R o l s t o n , B a s s & C o ., a n d M a y e r L e h m a n , w i t h l i o n r y T u c k e r m a n , S e c
r e t a r y , d e p o s i t a r y M a n h a t t a n T r u s t C o ., N . Y . , V . 6 0 , p . 4 8 0 .
R eorganization P lan.— I n S e p t e m b e r , 1 8 9 5 , t h e t w o c o m m i t t e e s
e n t e r e d i n t o a n a g r e e m e n t f o r t h e f o r e c l o s u r e o f f i r s t a n d c o n s o l, m o r t
g a g e s a n d f o r m a t i o n o f a n e w c o m p a n y , w h i c h s h a ll is s u e C la s s “ A ”
non-cumulalive income debentures, $60 0 ,0 0 0 ; C la s s “ B ” non-cumulative
income debentures, %7 ,0 0 0 ,0 0 0 ; c a p i t a l s t o c k , $ 2 ,5 0 0 ,0 0 0 . S e e d e t a i l s
b a s ,,s o f e x c h a n g e o f o l d s e c u r it ie s i n V . 6 1 , p . 4 7 1 . I n A p r i l
1 8 9 6 . a ll o b s t a c le s w e r e r e m o v e d , a n d p l a n w a s t o b e c o m p l e t e d u p o n
f o r e c l o s u r e s a le M a y 1 2. S e e V . 6 2 , p . 6 8 3 . (V. 6 1 , p . 7 4 9 .)
1
* 1^ , N£P G9’,_ F o r
J u n e 3 0 - 1 8 9 5 > S ro s s , $ 3 8 G ,8 0 0 ; n e t ,
H 9 *2 J 8 ; c h a r g e s , * 1 2 6 , 3 1 4 ; d e f ic it ,
$ 7 6 ,0 9 6 . I n 1 8 9 3 -9 4 c r o s s
$ 3 . ) 6 , o 3 8 ; n e t , $ 6 1 ,4 3 6 . ( V . 5 9 , p . 1 9 1 ; V . 6 0 , p . 3 0 1 3 9 1 4 3 *>~ 4 8 0
3 6 4 ;4 7lV ,'r> 8 9 0 f>i3V )' 6 1 ” P ’
3G6’ 471> 558’
V.’
6 2 ,^
a
K U , T ° , ' v i,’ 3 r o a d f r o m C h e n a n g o F o r k s t o G r e e n e . N . Y . ,
®
L e a s e d to D e la w a r e L a c k . W . f o r t e r m o f c h a r te r fo r 6 p e r c e n t
o n s t o o k a n d i n t e r e s t o n b o n d s . C a p i t a l s t o c k , $ 2 0 0 ,0 0 0 ; p a r , $ 1 0 .
.
* K a n s a s C i t y R y , - O r g a n i z e d in 1 8 9 3 t o b u i l d
m Jne a U ,r‘ °.1?t ’ T e X " l l i r o u P h t h e p i n e la n d s a n d s t o n e q u a r r ie s
I}® *11* ' " t i l e n o r t h e r n p a r t o f J a s p e r C o u n t y . T e x . , a b o u t 7 5 m ile s
$ 3 4 .0 g20S e G e n e f a l Oo%c°e0 6
2
2
S
f
t r USt S J u n e 3 0 ’ 1 8 9 4 ’
tO H F ^ t » S ? k I * h F a gU ™ |® ^ 7 ’ ° ^ j | £ ^ ^ 0 W £ 8 ^ g | r o a ^ f r o [ n H a n c o c k
w h i c h t |’2 5 0 ,0 0 0 6is o w n e d * ’ b y ° M i n e r a i
Bornta—Prin ci
Due.
Stocks—Last
IN T E R E S T
Am ount
R a te p e r W h en
O u t s t a n d in g
P a y a b le
C e n t.
6
5 g4
6 sem -a n
7
6 g.
1 p . c . in
S ee te x t.
5 g.
S ee te x t.
See te x t.
6
6
7 p e r an.
4
2 p e r an.
5
6 p e r an.
5
p a l,W h e n
W hom .
D iv id e n d .
F. & A.
F . & A . A u g . ’ 9 4 , c o u p , n o t p a id .
F. & A.
N . Y ., w h en earn ed .
J. & D . D .L .& W .o ff.2 6 E x c h .P l.
J. & D.
do
do
F. & A .
B o s t o n , 1 2 P e a r l S t.
- je c e m .
R i p l e y , M is s .
N e w Y o r k C ity .
j . &
j . N . Y ., T h ir d N a t. B a n k .
D e c ’ b er.
B o s t o n O ffic e ,
D e c ’b er.
do
M . & S. N . Y . , B k . o f N o . A m e r i c a .
& J . P h ila . , C o m p a n y ’ s O ffic e
& j.
do
do
A .3 1
H a r tfo r d ,
& j .
do
& 0.
S e e C e n tr a l o f N . J.
& S. B o 8 t . , 0 1 d C o l o n y T r . C o .
F e b . 1, 1 9 1 1
F eb . 1, 1911
A u g . 1, 1 9 0 6
D e c ., 1 8 9 5
D e c . 1, 1 9 0 2
A u g . 1, 1 9 1 3
D e c . 1. 1 8 9 5
F e b . 1, 1 8 9 5
J a n . 1, 1931
D ec. 31, 1 8 9 5
D ec. 31, 1895
M ch . 1, 1911
M a r. 1, 1911
J a n ., 1 8 9 6
J u ly 1, 1 9 1 3
F e b . 2 9 ,1 8 9 6
J u ly 1, 1 9 0 3
A p r ., 1896
S e p t. 1, 1 9 2 2
9
5 g.
5 g.
M o b , ’ 95
J . & J . M e r . L . & T r . C o ., C h ic .
M. & N.
N e w Y ork .
M c h . 2 7 ,1 8 9 5
J u ly 1, 1 9 3 3
M a y 1, 1 9 3 3
6
5 g.
6 g.
4 g6
4
j .
A.
A.
A.
A.
H o u s to n , T e x a s .
& j . N . Y ., C e n tr a l T r u s t C o.
& O.
do
do
& O.
do
do
& O.
do
do
& O.
do
do
A n n u a lly .
J u ly 1, 1 9 3 7
O c t. 1, 1 9 1 2
A p r . 1, 1921
O c t. 1, 1 8 9 7
O c t. 1, 1 8 9 7
J.
.
F&
j .
A.
M.
j
D ividends.—I n 1 8 9 3 , 5 p . c .; i n 1 8 9 4 , 2 ^ p. o .; i n 1 8 9 5 , F e b . , 2 i « p. c.
J u n e , 5 p . c .; i n 1 8 9 6 , F e b . , 5 p . c .
In y e a r e n d in g J u n e 3 0 ,1 8 9 5
g r o s s , $ 1 9 1 ,4 3 7 ; n e t , $ 9 0 ,5 3 6 ; i n t e r e s t a n d t a x e s , $ 2 1 ,5 3 2 ; d i v i
d e n d s , $ 3 5 ,0 0 0 ; b a l a n c e , s u r p lu s , $ 3 4 ,0 0 4 . I n 1 8 9 3 - 9 4 , g r o s s , $ 1 9 5
0 5 3 ; n e t , $ 7 8 ,1 6 2 .
H a n n i b a l <fc S t . J o s e p h . —O w n s f r o m H a n n i b a l , M o . , t o S t .
J o s e p h , M o ., 2 0 6 m i l e s ; b r a n e h e s — C a m e r o n t o K a n s a s C i t y , 5 3 m i l e s ;
8 t. J o s e p h t o A t c h i s o n , K a n . , 2 0 m i l e s ; P a l m y r a t o Q u in c y , 111., 1 3 m i l e s ;
l e a s e s , 3 m i l e s ; t o t a l o p e r a t e d , 2 9 5 m ile s . O w n s b r i d g e a t K a n s a s C i t y .
St o c k .—C h lo , B u r l . & Q u in c y ER. o w n s $14,244,900 s t o c k . P r e f e r r e d
s to c k h a s p r io r r ig h t t o a n o n - o u m u la tiv e d iv id e n d o f 7 p e r c e n t ; th e n
c o m m o n t o 7; t h e n b o t h s h a r e . D iv id e n d s .—O n p r e f e r r e d s t o c k in 1890
n e a r l y 2 p e r c e n t ; i n 1891 6-82 p e r c e n t ; i n 1892, 7 p e r c e n t o n p r e
f e r r e d a n d 7 ]o p . c . o n c o m m o n : i n 1893, 7 p . c . p r e f . a n d 23, n p. c , c o m
m o n ; i n 1 8 9 4 , 7 p . c . p r e f . a n d 2 2 ,0 c o m m o n ; f o r 1895, ( d e c l a r e d i n
F e b . , 1896), 7 p . e. p r e f . a n d 7 p . c . c o m m o n , o f w h ic h 5-35 p . c . w a s
e x t r a o u t o f s u r p lu s .
I ncome
accounts
have shown surplus f o r dividends: In 1 8 9 4 .
in 1 8 9 2 , $ 4 2 2 ,0 5 2 ; i n 1 8 9 1 , $ 4 0 9 ,7 8 0 .
$ 5 9 2 ,5 5 8 ; in 1 8 9 3 , $ 6 4 6 , 8 7 1 ;
H a r r i s b u r g P o r t s m o u t h m o u n t J o y Sc L a n c a s t e r . —O w n s
fr o m D ffle r v ille , P a „ t o H a r r is b u r g , P a ., 3 6 m ile s ; b ra n c h , M id d le to w n ,
P a . , t o C o lu m b ia , P a . , 1 8 m i l e s ; t o t a l o p e r a t e d , 5 4 m ile s . L e a s e d t o t h e
P e n n s y lv a n ia R R . C o. f o r 9 9 9 y e a r s fr o m J a n u a r y 1, 1 8 6 1 , t h e r e n t a l
b e in g 7 p e r c e n t o n th e s to c k a n d in te r e s t o n t h e b o n d s , t a x e s a n d e x
p e n s e s o f o r g a n iz a t io n . S to o k , $ 1 ,1 8 2 ,5 5 0 ; p a r $ 5 0 .
H a r t f o r d Sc C o n n e c t ic u t W e s t e r n . —O w n s f r o m H a r t f o r d ,
C o n n ., t o R h i n e c l i f f , N . Y . , 1 0 9 m ile s . R e o r g a n i z e d i n 1 8 8 1 a n d i n 1 8 8 8
a c o n t r o l l i n g i n t e r e s t in t h e s t o c k w a s p u r c h a s e d b y p a r t i e s i n t e r e s t e d in
th e P o u g h k e e p s ie B r id g e .
L e a s e d t i l l A u g u s t, 193 9 , t o th e P h ila
d e lp h ia R e a d i n g & N e w E n g l a n d [ n o w L e h i g h & N e w E n g l a n d R R . ] ,
th e r e n ta l p a y in g c h a r g e s a n d 2 p e r e e n t p e r a n n u m o n th e s to c k .
T h e r e a r e $ 2 7 ,0 0 0 C o n n . W e s te r n R R . 7 p e r c e n t b o n d s , d u e 1 9 0 0 , c o n
v e r t i b l e I n t o s t o c k a t 6 0 p e r c e n t . O f t h e s t o c k $ 1 ,3 9 0 ,0 0 0 Is o w n e d b y
th e le s s e e a n d p le d g e d u n d e r it s m o r t g a g e .
H i b e r n i a m i n e H R . —O w n s f r o m R o o k a w a y , N . J ., t o H i b e r n i a
M i n e s , N . J ., 4 H m . L e a s e d t o C e n t , o f N . J . i n 1 8 9 0 f o r $ 1 2 , 0 0 0 p e r a n .
H o o s a c T u n n e l Sc W i l m i n g t o n R R . — N a r r o w G a u g e .—
O w n s r o a d f r o m H o o s a c T u n n e l , M a s s . , t o W i l m i n g t o n , V t , 2 4 *2 m i l e s .
C a p i t a l s t o c k a u t h o r i z e d , $ 2 5 0 ,0 0 0 ; p a r $ 1 0 0 . M o r t g a g e t r u s t e e , O l d
C o l o n y T r u s t C o ., B o s t o n . F l o a t i n g d e b t J u n e 3 0 , 1 8 9 4 , $ 9 0 ,6 7 9 .
E a r n in g s .— F i s c a l
y e a r ends Ju n e
30.
Other
Interest,
Bal
re a r .
Gross.
Net.
Income.
taxes, etc. surp.
1 8 9 4 - 9 5 ............................$ 4 6 ,7 3 1
$ 1 6 ,9 7 1
$ 2 ,7 7 4
$ 1 2 ,1 3 8 $ 7 , 6 0 7
1 8 9 3 - 9 4 ..........................
3 7 ,0 2 6
9 ,3 9 6
3 ,0 7 5
1 1 ,5 2 6
945
1 8 9 2 - 9 3 ..........................
3 7 ,4 7 8
1 0 .7 8 1
1 ,1 9 8
1 1 ,7 7 5
204
I n 1 8 9 4 - 5 p a i d d i v i d e n d s (1 p . c .) $ 2 ,5 0 0 , l e a v i n g b a l a n c e o f $ 5 , 1 0 7 .
H o t S p r i n g s R R . —R o a d f r o m M a l v e r n t o H o t S p r i n g s , A r k . , 2 2
m ile s , o p e n e d in 1 8 7 5 . S to c k (a u t h o r iz e d $ 1 ,0 0 8 ,0 0 0 ) o u t s t a n d in g
is $ 6 0 0 ,0 0 0 ; p a r $ 1 0 0 . D i v i d e n d s p a i d w h e n o r d e r e d b y d i r e c t o r s .
I n M a r c h , 1 8 9 5 , p a id 9 p e r e e n t. F ir s t m o r tg a g e , is f o r $ 5 0 0 ,0 0 0 g o ld
b o n d s , o f w h i c h $ 8 ,0 0 0 h a v e b e e n p u r c h a s e d
a n d c a n c e le d b y th e
s i n k i n g f u n d . T r u s t e e , M e r c h a n t s ’ L . & T . C o ., C h i c a g o .
E arnings.—Y e a r e n d i n g D e c . 3 1 , 1 8 9 4 , g r o s s , $ 1 8 2 , 4 4 5 ; n e t , $ 8 5 , 4 9 7 ; i n t e r e s t , * 2 4 , 8 0 0 ; d i v i d e n d s , $ 5 4 , 0 0 0 ; b a la n c e , s u r p lu s , $ 6 , 6 9 7 ’
I n 1 8 9 3 g r o s s , $ 1 8 9 ,1 0 7 . T o t a l s n r p l u s D e c . 3 1 , 1 8 9 4 , $ 1 6 ,0 0 4 .
H o u s t o n E a s t Sc W e s t T e x a s R y . —O w n s f r o m H o u s t o n , T e x a s ,
t o S a b in e R i v e r a t L o g a n s p o r t , 1 9 2 m i l e s .
S ta n d a rd g a u g e d J u ly 2 9 ,
1894. O p e ra te s th e H o u s to n & S h re v e p o rt R R ., L o g a n s p o r t to S h re v e
p o r t , 4 0 m i l e s . T o t a l o p e r a t e d 2 3 2 m ile s .
H istory.—T h i s ra ilroad is t h e s u o c e s s o r i n 1 8 9 3
t h e s a m e n a m e s o ld in fo r e c lo s u r e A u g . 2 ,1 8 9 2 .
Earnings.—2
m o n th s ,
J u ly 1 to A u g . 31.
o f th e
< 1 8 9 5 ................. g r o s s , $ 8 0 ,0 0 7 ;
\ 1 8 9 4 .................g r o s s , 5 8 ,8 1 1 ;
railway of
n e t, $ 1 3 ,5 5 3
n e t , 1 5 ,8 9 6
A nnual
R e p o r t .— R e p o r t f o r t h e y e a r e n d i n g J u n e 3 0 . 1 8 9 5 , w a s i n
V . 6 1 , p . 1 5 1 , s h o w i n g g r o s s e a r n i n g s , $ 5 6 9 ,5 5 3 ; n e t , $ 2 2 6 ,8 8 3 ; i n t e r e s
c h a r g e s , $ 2 0 8 ,8 6 3 ; b a l a n c e s u r p lu s , $ 1 8 ,0 2 0 .
I n 1 8 9 3 - 9 4 g r o s s , $ 4 4 2 ,2 8 1 ; n e t , $ 1 6 7 ,0 9 2 .
( V . 5 9 , p . 2 3 4 ; V . 6 0 , p . 4 3 2 , 6 0 6 , 7 1 1 ; V . 61p . 151 ; V. 6 2 , p . 3 6 4 .)
r
H o u s to n
Sc T e x a s
C e n tra l
R a ilro a d — ( See Map o f Southern
Vacxjic)—O w n s f r o m H o u s t o n , T e x a s , t o D e n i s o n , T e x a s , 3 3 8 m il e s ;
H e m p s t e a d , T e x a s , t o A u s t i n , T e x a s , 1 1 5 m i l e s ; t o t a l o w n e d , 4 5 3 m ile s .
A l s o o p e r a t e s F o r t W o r t h & N e w O r le a n s R y . , G a r r e t t t o F o r t W o r t h ,
4 1 m ile s ; C e n t r a l T e x a s & N . W „ 1 2 m .; A u s t i n & N . W . , 1 0 2 ; o t h e r , 4 m .
H istory.— S u c c e s s o r A p r i l 1 1 , 1 8 9 3 , t o a railway c o m p a n y f o r e
c lo s e d S e p t. 8, T 8 8 8 . R e o r g a n iz a t io n p la n V . 4 5 , p . 7 9 2 , 8 2 0 .
Bonds.—T h e b o n d s a r e b e i n g g r a d u a l l y r e d u c e d w i t h p r o c e e d s o f
la n d s a le s . T h e firs t mortgage w a s f o r $ 8 ,6 3 4 ,0 0 0 , o f w h i c h $570,000
r e s e r v e d a g a i n s t c l a i m o f S t a t e o f T e x a s u p o n 75 m i l e s o f t h e r o a d
B a l a n c e is s u e d , b u t r e d u c e d t o p r e s e n t f i g u r e b y l a n d s a le s .
T h e S o u t h e r n P a c i f i c C o m p a n y g u a r a n t e e s i n t e r e s t o n a ll t h e b o n d s
a n d b o t h p r i n c i p a l a n d i n t e r e s t o f t h e debentures. T h e firs t mortgage
b o n d s a n d t h e consolidated mortgage b o n d s m a y b e c a l l e d f o r r e d e m p
t i o n a t 1 1 0 w i t h p r o c e e d s o f l a n d s a le s . S e e f u l l abstracts o f a l l t h e
A pbxl, 1896,]
RAILROAD STOCKS
AND
BONDS,
73
g r ib . e r l 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 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 A 1 1 .H O A D S ,
F o r e x n l a n a t i o n 0 ? c o l u m n h e a d in g s , A c . , a c e n o t e s
o n fir s t p a g e o f fa b le s .
Hud. Highland Bdg. Ji X. E . R g . - S t o c k , , ? S 4 , 9 0 0 . MutUingdon <1 Broatt T op-C om m on s t o c s ..................
P r e f e r r e d s to e fe , 7 p e r c e n t , n o n t - m is u la t lv e ..........
1 s t m o i-t., e x t e n d e d In 1 8 9 0 t o t o n l y In ( ? o l d ) . . .
2 d m o t t . , o l d 7 s , e x t e n d e d in 1 8 9 8 . p dt t., g o l d ) .
3 d m o r t g a g e , c o n s o l . , e x t . i n g o l d I n 1 8 9 5 .......... c '
iJ S o n d s - P r in c lIN T E R E S T O R D IV ID E N D S .
D a t e S iz e , o r
M ile s
Ip a l.W h .n D u e ,
Am ount
Par
R a te P e r
W hen
of
W h e r e P a y a b le * a n d b y
of
Stonfc-s— L a s t
O u ts ta n d in g
C e n t.
W hom .
R o a d . B o n d s V a lu e .
P a y a b le
D iv id e n d s .
"6 3
63
63
63
63
....
1854
1857
1865
I ll i n o i s Cent m l —S t o c k . ...................... .
L e a s e d l i n e 4 p e r c e n t s t o c k , g u a r , (s e e r e m a r k s . )
1 s t a i o r t . o f | S t e r l i n g t » i * . o l d 0 s e x t . in 1 8 9 5 )
1 8 7 4 f o r ! S t e r l. o f ’ 0 3 , g lO .O O O t o n y r i , e * I
f 1 5 ,0 0 0 ,0 0 0 ! S t e r l i n g b o n d s , d u e 1 9 0 5 - . . . - . . Sseou rea
a ll 4 s o f 1 8 8 6 , d u e 1 9 5 1 , g o l d . . . . c *
e q u a lly . . . . . l 3 % a o f 1 8 8 6 ,d u e 1951* g o U L .o * J
T r u # t b o n d # s t e r l. (s e c u r e d b y C h . 8 t . D A K . O . c o n # . )
1 s t M , , S p r i n g . D i v . ( G i l m a n t o S p .),$ 2 ,0 O O ,(> O O .e
1st M ., M i d d l e D i v , , O t t o t o N o r m a n J u n e . A b r s . r
C o U a t e r a l t r u s t b o n d s , g o l d , 8 ........ .......................... o ’
C a ir o B r i d g e b o n d s , g o l d ( s e e r e m a r k s ) . . . , e * A r . .
C o l . t r u s t , $ 2 5 ,0 0 0 ,0 0 0 , g o l d , o u 1 . N\ f>. A T . . i- , k r
C o l. t r u s t ,g o ld , a O . A » , W . (r e d . a t 1 0 0 ),. . . v \ i t
W e s t e r n lin e s , 1 s t M .. g o l d (s e e t e x t ) .............. . c * A r
N o t e * d u e 1 8 9 6 ( f o r C . 0 . A S. W . 1 s t * . A c . ) . . . .
S t , L o u i s D i v i s i o n b o n d s , $ 1 5 ,0 0 0 ,0 0 0 * g o l d . . — . .
f
706 J
l
....
I ll
131
854
798
142
1875
1874
1875
1886
1886
1886
1877
1881
1888
1890
1892
1894
1894
1896
(«
*5 0
§ 1 ,3 7 1 ,7 5 0
2 ,0 0 0 ,0 0 0
50
4 1 6 ,0 0 0
500 •
500
3 6 7 ,5 0 0
1 ,4 9 7 ,0 0 0
1 ,0 0 0
6 8 0 ,0 0 0
S ee te x t.
100
1
0
,0
0 0 ,0 0 0
100
£200
2 ,4 9 3 ,0 0 0
£200
3 ,4 5 0 ,0 0 0
£200
1 ,0 0 0 ,0 0 0
1 ,5 0 0 ,0 0 0
1 ,0 0 0
2 ,4 9 9 ,0 0 0
1 ,0 0 0
£200
5 , 2 6 6 ,0 0 0
1 ,0 0 0
1 ,6 0 0 ,0 0 0
9 6 8 ,0 0 0
1 ,0 0 0
5 0 0 A c . 1 5 ,0 0 0 ,0 0 0
3 ,0 0 0 .0 0 0
1 .0 0 0
5 0 0 A c . 2 4 * 6 7 9 .0 0 0
1 ,0 0 0
4 ,7 3 7 ,0 0 0
3 ,5 5 0 ,0 0 0
1 .0 0 0
5 ,0 0 0 .0 0 0
1 ,0 0 0
S ee te x t.
S ee te x t.
7 p e r an.
4 g.
4 g.
» gSee te x t.
4 p e r an.
4 g.
5 g.
5 g.
4 g.
S h g.
3 h g.
6
5
4 g.
4 g.
4 g.
4 g.
4 g.
3%
3 g.
J. & J,
J.
A.
K.
A.
,fc
A
&
*
P h l l . 0 f . , 4 t h & W a ln u t S t .
do
do
do
do
do
do
do
do
J a n . 3 0 ,1 8 9 6
J a n 3 0 ,1 8 9 6
S e p t. 3 0 ,1 9 2 0
F eb . 1, 1 9 2 5
M o ll. 8 1 , 1 9 2 5
M.
J.
A.
A.
J.
J.
J.
J.
J.
E.
A.
J.
M.
J.
F.
A 8. N e w T o r k , 2 1 4 B ’ d w a y .
A J . N e w Y o r k , 2 1 4 B ’d w a y .
London.
A- O .
* O . L o n d o n , M o r t o n , R . * C o.
do
do
St D .
A- J. N e w Y o r k , 2 1 4 B ’ d w a y .
A J.
do
do
A- J. L o n d o n , B a r i n g B r o s .
A J. N e w Y o r k , 2 1 4 B ’ d w a y .
A A.
do
do
& O,
do
do
& D,
do
do
A N,
do
do
do
do
A- J .
A A,
do
do
do
do
do
do
Sc J,
M a r. 2, 1 896
J a n ., 1 8 9 6
A p r . 1, 1 9 5 1
A p r . 1, 1903
D e o . 1, 1 9 0 5
J a u . 1, 19 5 1
Jan. 1, 1951
J u ly 1 , 1 9 5 0
Jan. 1, 1898
A u g . 1, 1921
A p r. 1, 1952
D eo. 1, 1950
N o v . 1, 1953
Jan. 1, 1904
A u g . 1, 1 9 8 1
1896
J u ly 1 , 1 9 5 1
J.
J.
O.
A.
0.
.......
m o r t g a g e in V * 52-, p , 2 4 2 . O f t h e $ 5 , 0 6 ^ ,0 0 0 c o n s o l i d a t e d 6 » a u t h o r i z e d j f r o n t a t C h i c a g o o f a b o u t # 1 * 2 0 0 ,0 0 0 a n d 9 1 .8 0 0 ,0 0 0 i s f o r o t h e r p u r
$ 1 ,1 4 9 * 0 0 0 ( n o t I n c l u d e d i n t h e a m o u n t o u t s t a n d i n g a b o v e ) a r e h e ld aa p o s e s . ( V . 61 * p , 5 5 8 , 9 6 6 ,)
p a r t s e c u r i t y f o r t h e g e n e r a l m o r t g a g e -i.% T r u s t e e o f g e n e r a l m o r t g a g e
D i v i d e n d s . > 1 8 8 5 . ’ 8 6 . *8 7 . '8 8 . *8 9 . '9 0 . ’ 9 1 t o M a r . ’ 9 6 , i n o l
» M e t r o p o l i t a n T r u s t C o * o f IF . Y . T h e r e a r e $ 1 3 ,0 0 0 U n i o n D e p o t b o n d s . ;
C o m m o n s t o c k . > 8 p ,c ,
7 UJ
7
7 5hs
6
5 p . 0 . y e a r ly .
T h e d e b e n tu r e s h a v e in te r e s t b u t n o t p r in c ip a l p a y a b le In g o ld .
d e n e 3 0 , 1 8 9 5 , c u r r e n t lia b ilit ie s w e r e $ 1 ,2 2 8 ,6 4 2 : c u r r e n t a s s e ts ,
B o n d s .—Cairo bridge b o n d s a r e s c o u r e d b y d e p o s i t o f a l i k e a m o u n t
$ 1 ,3 1 6 ,6 8 * ;. t e c b i d i n g c a s h .8 3 0 1 ,0 8 1 , a n d b i l l s r e c e i v a b l e $ 5 8 9 ,8 2 1 .
o f C h ic a g o S t, L o u t s A N e w O r l e a n s 1 s t m , C a i r o B r i d g e 5 s . T h e r e n t a l
T h e S t a t e o f T e x a s c l a i m s $ 4 1 1 ,8 3 5 d o e T e x a s s c h o o l f o n d — s e e d e e b
f o r t h e b r i d g e is $ 1 8 0 , 0 0 0 I n g o l d a n n u a l l y , o f w h i c h $ 3 0 , 0 0 0 g o e s t o a
s i o u in f a v o r o f S t a t e i n V . 6 2 , p . 4 5 8 .
c o n t in g e n t a n d s ta k in g fu n d t i l l 1 9 0 2 , th e n $ 2 0 ,0 0 0 t o r e g u la r s in k in g
fu n d . B e e a d v . I n C iiR O S flC W S , M a y 7 , 1 8 9 2 ,
T h e (rust bonds o f 1 8 8 6 a r c s e c u r e d b y d e p o s i t o f $ 5 , 2 6 8 , 0 0 0 C h i c a g o
£ a b x r a <#*. — F o r y e a r e n d i n g J u n e 3 0 , 1 8 8 5 , r e p o r t t o I n t e r - S t a t e
C o m m e r c e G o r a m L jd o u s h o w s : G r o s s m i m i n g * , $ 4 , 0 2 9 , 1 0 2 , a g a i n s t
8 t . I*. A N . 0 . c o n s o l s o f ‘ 8 1 , a n d a r e t o b e I n c l u d e d In a n y n e w m o r t g .
T h e c o lla t e r a l tr u s t bonds o f 1 9 5 2 a r e s e c u r e d b y p l e d g e w i t h t h e U . § ,
$ 3 , 3 3 7 , 1 8 6 In 1 8 8 3 - 9 4 ; n e t I n c o m e . $ 1 , 4 3 7 , 4 7 3 , a g a i n s t $ 1 ,1 2 5 ,3 1 3 ;
t o t a l d e d u c t i o n * , $ 9 8 2 ,7 8 7 . a g a i n s t -# 9 1 6 ,7 1 3 ( i n c l u d i n g i n t e r e s t o n
C ru st C o , o f N e w Y o r k o f # 1 6 ,3 5 0 ,0 0 0 5 p e r c e n t 1 s t m o r t g a g e g o l d
b o n d * , # 8 1 2 ,7 5 0 ; t a x e s , # 7 0 ,4 0 9 ; i n i * e e H a n e o a * , # 3 3 , 5 5 4 ) : b a l a n c e ,
b o n d # o f s u b s id ia r y r a i l r o a d s c o v e r i n g 8 5 4 m ile s . S e e l i s t , V . 5 5 , p , 5 5 0 .
T h e $ 2 5 ,0 0 0 ,0 0 0 collateral trust bonds o f 1 9 5 3 w e r e is s u e d o n p l e d g e
s u r p lu s f o r y e a r , $ 5 4 4 ,6 8 8 , a g a i a g t # 2 0 9 , 6 0 0 , ~ { V . 5 9 . p . 1 0 5 8 ; V . 6 0 ,
o f t h e L o u l s v , N . 0 . A T e x a s s e c u r i t i e s p u r c h a s e d in 1 8 9 2 . T r u s t e e o f
p. 7 4 9 , 8 3 5 ; V . 6 2 , p . 4 5 6 , 4 5 7 .)
j d e e d . U . 8 . T r u s t C o m p a n y . # 3 1 8 , 0 0 0 L. X , O . A T . 1 st m o r t g a g e a n d
H u dson
H ig h la n d
B r i d g e 4 w # v r K n g l a n d K y . —^ S u c c e s $ 3 0 ,0 0 0 la n d g r a n t I n c o m e b o n d s w e r e u n e x c h a n g e d a n d o u t s t a n d i n g
s o r in 1 8 8 6 t o t h e flt t t la o n Sa*j>eu-*liom B r i d g e A N e w K n g S a n d B y , , J a n * 8 0 , 1 8 9 5 , S e e a d v e r t i s e m e n t C h b o k i c l k , J u n e 11 , 1 8 9 2 , a n d v .
5 4. p. 9 6 4 ; V . 6 1. p. 112.
-w h ich w a e c h a r t e r e d In 1 9 0 9 t o e o to ftir s ic t *» *u *»| »esi*ioit b r i d g e o v e r t h e
j
T h e I l l i n o i s C e n t m l collateral trust bonds o f /oas, ( U n i t e d S t a t e s T r u s t
H u d s o n R i v e r i « # r P e e k * k i l l , S. Y
C a p i t a l d w k » # 8 4 * 9 0 0 .'
C o ., T r u s t e e , ) a n d t h e t r c o l l a t e r a l w e n ? d e s c r i b e d In t h e S u p p l e m e n t
!
f
o
r J a m t a r y , 1 8 9 6 . S e e a d so V . 5 0 , p , 1 0 0 6 ; V . 6 1 , p . 5 6 1 .
D i r k c t o r i *-- J o h n N . H a z a r d . E d w a r d 9 S e r r e i t a n d R o b e r t S r r r e U ,
F o r D ie Chicaqa Si, Louis d X w Orleans t h e l e s s e e g u a r a n t e e s t h e
o f N e w Y o r k C i t y ; H e n r y M a r t i n * W i l l i a m G . L o r d a n ti W . J„ P i e r c e , o f
p
r
in c ip a l a n d ls t t £ r e « i o f a l l t h e o u t s t a n d i n g b o n d s p r i o r t o t h e 5 p e r
B r o o k ly n , a n d W illia m P . S n o w .— V . 0 6 . p . 7 4 9 ; V . 6 2 , p* 4 5 7 .
c e n t b o n d s, a n d b y a n e n d o r s e m e n t o n th e la t t e r b o n d s g u a r a n te e s th e
p a y m e n t o f t h e i n t e r * * t o n t h e s a m e u n t i l t h e p r i n c i p a l is p a id . O f
If u iM in g d o n J$c Broad T op A t . B U . 4 Coal C o .—Own* from t h e s e c o n s o l. 5 s # 5 ,2 6 6 , 0 0 0 a d d i t i o n a l t o t h e fim o ttx tt o u t s t a n d i n g a b o v e
Huntingdon, Pa.* to ito o n t Dal!a». Pa., 45 m ile#; btuoclie*. 19 miles. a r c p l e g e f l n* s e c u r i t y f o r t h e I l l i n o i s C e n t r a l t r u s t b u n d s o f 1 8 8 6 .
T h e Western Lines loon o f 1 8 9 4 is f o r $ 1 0 , 0 0 0 ,0 0 0 . b u t o n l y t h e
D tV U M S *l**/ 8 4 * ^ 95-'96- *8 7 . ’ 9 8 . *89, *90. ’ P I . *0 2 . ‘ 93-, *9 4 , *9 5 . *9 6 ,
# 3 ,5 5 0 , 0 0 0 n o w o u t s t a n d i n g c a n b e is s u e d u p o n t h e m a d f r o m s D u O n c a r a m o n .. 0
0
o
0
o
o
2
4
5
5
ih$ b e lo w . b u q tl© t o I o w a F a l l s , 1 4 2 i n i i e * . a t p r e s e n t u n d e r t h e m o r t g a g e . T h e
O n p r e fe r r e d . 1%
0
*2 5
5
5%
*0 1 t o *9 5 , 7 p . c t y e a r l y .
> b o n d # a r e d i r e c t o b l i g a t i o n s o f t h e I l l i n o i s central, b u t a r e S e c u r e d b y
O n c o m m o n i n J a n u a r y , 1 9 9 6 , 2 p e r © e u t.
a fir s t m o r t g a g e g iv e n b y th e D u b u q u e A S io u x C it y o n th e p o r tio n o f
U * ro a d a b o v e n a m e d , w h ic h fo r m s a p a r t o f d ie I llin o is C e n tr n T s
S K© 0 K r r t * & — -In 1 9 9 5 a r r a n g e d t o c o n s o l i d a t e it s e l e v e n s e r i e s o f e a r m a in l i n e in I o w a . T h e u n is s u e d b o n d # c a n b e »-uki o n l y a # f o l l o w s :
t r u s t * I n t o a n e w ’'c o n s o l i d a t e d e a r t r u s t " f o r $ 6 8 0 ,0 0 0 .
i t is s a id
$ 1 , 8 7 3 ,0 0 0 w h e n t h e C e d a r F a l l s A M i n n e s o t a B K . ( S e e t h a t C o . ) a h a l i b e
t h is a r r a n g e m e n t w ill r e d u c e a n n u a l c h a r g e * a h e a d o f d iv id e n d s b y
c o n v e y e d t o th e tr tis te e fr e e a n d c le a r o f e n c m n lir a n c e e , a n d t h e r e
8 iO .O o o
T h e n e w e e r t l h e a t e a w i l l b e D .nued In i n s t i l l m e n t s j*a t h e o l d m a i n i n g $ 4 * 5 7 5 * 0 0 0 o n l y w h e n t h e r o a d f r o m I o w a F a l l # t o S i o u x C i t y ,
o n e s are- f f t i l r e t L
1 8 4 m ile s , n o w * u b > e i t o # 2 , 8 0 0 , 0 0 0 o f I o w a F a l l s A S i o u x C i t y b o n u s
d u e in 1 9 1 7 , s h a l l b e s i m i l a r l y t r a n s f e r r e d t o t h e t r u s t e e w i t h o u t a n v
AstwifhA S t r o x T . — B e p o i t toe 1 8 8 3 w a s g i v e n la V . 6 2 , p . 3 1 6 .
© a c u m b r a n c 'c . T r u s t e e . U n i t e d B u t e * T r u s t C o . S i n k i n g f u n d , $ 4 6 ,7 3 3
fifties.
Set*
Oth* income, Interest DleisPnds. Ikilance.
y e a r l y , b u t b o n d s c a n n o t b e O A lle d . V , 5 9 . p . 9 1 9 .
T h e St, Louis DiPiston b o n d s a r e t o b e s e c u r e d b y d e p o s i t w i t h
1 9 9 5 .. $049,904 #332,021
$ ........
$110,630 $200,972 sur.$10,499
1994 ,.. 580,719 312,779
1.032
117.635 207.078 def. 11.502 t h e U n i t e d S ta te s , T r u s t C o ,, tr u s te e , o f a m a j o r i t y o f t h e c a p i t a l s t o c k
o
f
t h e S t. L m d » A l t o n A T e r r y H a u t e a n d t h e B e l l e v i l l e a B o tttU e r n
1803... 703,607 369,419
3.1b4
117,568 209,142 sur.46.893
l U i a o K r e p r e s e u f l n g a e o n t r o l l i n g I n t e r e s t l a t h e 81. iv o u is D i v i s i o n ,
— I V. 5 9 , p . 9 6 8 , 1059; ? , 60, p. 177* 3 4 6 : V. 62, p, s ji, 277. 3 103
an d b y p le d g e o f th e b
o f mtUl d i v i s i o n , a l s o o f a l l o t h e r p r o p e r t y *
v e t it )T it le * , * t o . , a c q u i r e d w i t h p r o c e e d * o f t h e b o n d s . T h e t o t a l m u h *
I l l i n o i s C e n t r a l , — (JSb
J f a p j — E o a d .- - O p e r a te * fr o m
C h i c a g o , ■- o r ia ie d lo a n i « #15*O O 0,<X>0, a t n o t e x c e e d i n g 4 p e r c e n t I n t e r e s t ; o f
I I I , , s o u t h e r ly t o N e w O r le a n s , L a , , 0 1 2 m ile s , a n d w e s t e r l y t o B io u x
w h ic h t o m s B i r a c o n t r o l o f s t o c k # p e r o f f e r in V . 6 2 . p . 68-4, e t c . ,
C it y , la * * 5O0' m ile s , w i t h n u m e r o u s b .m a e h e s . I t s r o a d , c l e a r l y s h o w n
$ 5 ,0 0 0 ,0 0 0 o f 3 p e r i o n i s ; t o r e d e e m , I f a t a n y t i m e d e e m e d b e s t , t h e
m v rn flr a d m o r t g a g e l o a n s m a r k o t l ; u n d e r S t . I> o u i« A l t o n & T e r r e
u n t h e a o o o tn p A a y l o g m a p , la m a d e u p a s f o l l o w s : ( f w h i c h s e e .)
H a u t e , # 6 * 5 0 0 .0 0 0 j t o acdO -D ti a n y O th e r in t e r e s t s I n t h e s e c u r i t i e s ,
Hood o » « « f in fee,
Miles.
Entire stock owned,
Miles. ( e t c , , o f t h e 8 t t* o iil# D l v U i o n , a n d f o r e x t e n s i o n * , im p r o v e m e n t # , e t c . ,
C h ic a g o t o C a l m , 111., ; . . .
>365
B r a n c h © # . . . ........
; t h e r t o n . e t c .* # ;i,5 0 0 ,0 O 0 , T o t h e s t o c k h o l d e r s a n H e n ttn g t o o f f e r In V,
C e n t r a l i s , r ib , t o E a s t > “ * L a {
6 2 , p . 6 8 4 , c e r t ! fic a t e # a r c is s u e d e n t i t l i n g t h e h o l d e r t o h i# m htire o f t h e
D u b u q u e * l a ........ .. (
,
)
341.
T o t a l o w n e d J u n e 3 0 , ’ 9 5 . . 3 , 0 9 5 f p t o c f i l t t i o f * * « ! « o f t h e b o n d # is s u e d in m a k i n g t h e e x c h a n g e * w h i c h
Entire stock owned,
Leased.—Contml owned.
u n d e r a n a g r o c m e n t w i t h a b a n k i n g h o u s e a r e t o b e h e ld b y t h e t r u s t e e
C h i c a g o 84. U A S. O . R E ,
D u b u q u e A: c ila tix C i t y 1 1 . . . . . 6 0 0
u n t il J a m I , 1 8 9 8 , s u b j e c t t o t h e i r o p t i o n t o p u r c h a s e a t 9 0 a n d
C a ir o , H i., t o N e w O r l e a n s , 5*47
Lettssui in A p ril, 1 * 9 0 *
i n t e r e s t . — B e e X. 6 2 , p, 6 $ 4 .
M e m ., T e n . . t o O f h iu u la , M l m , 1 0 0 S t L c m l t A l t o n A T e r r e I L f ,. . 2 3 9 :
Y a z o o 4c M is s is s ip p i V a t . R R .
OkSTER U , F i x v x cF .#. — B ill# p a y a b l e w e r e J u l y 1 , 1 8 9 5 , $ 1 ,8 0 1 * 4 7 0 .
M e m p h is t o N , O , a n d torn . 9 2 3
B e tw e e n D e c . 10, 1895, a n d M a rc h 31, 1896, th e c o m p a n y r e c e iv e #
T o t a l o p e r . A p r . 20, * 9 6 . . . .3 ,9 3 4
$ 1 0 ,0 0 0 ,0 0 0 f r o m t h e a n te o f s t o c k m e n t i o n e d a b o v e .
P r e s i d e n t F if t h '* c i r c u l a r , d a t e d J a n . 1 1 . 1 8 9 6 , c a l l i n g a t t e n t i o n t o
N o t e ,.—O n J u n e 3 0 , 1 8 9 5 , t h e c o m p a n y r e p o r t e d 2 .8 8 8 m i l e * l a
t h e in c r e a s e i n t h e g r o * * e a r n i n g s f o r t h e s i x m o n t h # e n d i n g D e c , 3 1 ,
• g a d e d l a « n i l a i » , b u s t h t i did not in c lu d e 9 0 7 m i l c e o f Y a z o o A. M is * .
1 8 9 5 , o f a b o u t $ 1 ,4 3 6 * 0 0 0 , a n d t o o t h e r G n a n d a l m a t t e r s , w a n In V .
Y * L fin 9 2 3 m i l e * a b o v e ) e a r n s , on w h i c h a r e r e p o r t e d s e p a r a t e l y b e l o w
6 2 , p. 1 3 8 .
c o n t r o l o f t h e C h e s a p e a k e O h io A S o u t h w e s t e r n (w h i c h s e e ) w a s
H i H o R T , LK.JkSmt A c . — C h a r t e r e d In D ccenalw sr* 1 8 5 0 , a n d o r g a n i s e d
a c q u i r e d in D e c e m b e r , 1 8 9 3 * a n d in A p r i l * 1 8 9 6 , t h e U , 8 . S u p r e m e
in M a r c h , 1 8 5 1 . T h e c o m p a n y p a y s t o t h e S t a t e 7 p e r c o o t- o f g r o w
C o u r t h e ld t h a t t h e L o u i s v i l l e A- N a s h v i l l e c o u ld n o t* a # f lr t d p r o p o s e d ,
e a r n in g s y e a r l y in l ie n o f t a x © * . T h e C h i c a g o 8 4 L o u i s A N e w O r le a n s
* h a r o in t h e p u r c h a s e .
(S e e V . 6 2 , p , 6 3 5 .) T h e r o a d , t h e a e c u r m c # o f
ia le a s e d f o r 4 0 0 y e a r * f r o m J u l y l , 1 9 8 2 , a t 4 p e r c e n t p e r a n n u m on
which a r e n o w m o s t l y o w n e d h y t h e I l l i n o i s C e n t ’ l* w i l l s h o r t l y b e s o ld
R s 6 1 0 ,0 0 0 , 0 0 0 s t o c k d e p o s i t e d t o s e c u r e t h e leased fine stock.
In f o r e c l o s u r e ttn d m e r g e d in t h e s y s t e m , a f f o r d i n g a c c e s s t o L o u i s v i l l e .
I n 1 9 9 2 p r a c t i c a l l y a l l t h e s t o c k a n d b o n d * o f t h e L o n is v . Sow O r le a n s
I n A p r i l , 1 8 0 $ , a t e a s e f o r 9 9 y e a r s o f t h e S t. L o u i s A l t o n & T e r r e
A T e x a s (8 6 7 m i l e * ) , w e r e a c q u ir e d
f o r 0 5 ,0 0 0 .0 0 0 i n c a s h a n d
H a u te s y s te m w a a e o n »u m m a (e d t 2 L p e r c e n t b e in g g u a r a n te e d o n th e
9 * 0 ,0 0 0 ,0 0 0 in 4 p e r c e n t b o n d # , a n d t h e c o m p a n y t h e n m e r g e d in t h e
Y azoo A M ls s ia e t p p i V a l l e y , m a k i n g 9 2 3 m i l e * , a * a b o v e . In 1 9 8 7 t h e s t o c k a n d a n o f f e r m a d e t o g i v e n e w I l l i n o i s C e n t r a l , 8 t . L o u i s D i v i s i o n ,
3 p e r c e n t s in e x c h a n g e f o r Urn ft h it t v * o n c e r t a i n t e r m s . T h i s a c q u i s i
I l l i n o i s c e n t r a l a c q u i r e d t h e s t o c k # o f t h e le a d e d H u e * in I o w a .
In
S e e •4 B o n d s ” a b o v e S t.
D e c e m b e r , 1 3 9 3 . c o n t r o l o f t h e C\ O . A S. W\ w a * a c q u ir e d . B e e V . 6 2 , : t i o n g i v e # t b e r o n g- h e e d e d l i n e t o F t. L 0 0 L .
L o u is A lt o n A T e r r e H a u t e n e x t f o llo w in g , a n d V . 6 2 , p. 6 83.
p. 6 3 5 . A l©«w*e o f t h e 8 t . L o u i e A l t o n A T e r r e H a u t e s y s t e m w a s t a k e n
i n A p r il* 1 8 0 6 . S e e ** G e n e r a l F in a n c e s '* b e l o w a n d V . 0 2 , p . 0 3 0 , 0 8 4 . !
E a r x i x g s — 6 m o n t h s , f 1 8 9 5 . . . g r o s s , f l # l l ,2 6 5 ,OOO; n e t , T1$ 4 * 0 5 5 ,0 0 0
J u ly 1 to D e c . 31.
J 1 8 9 4 . ..g r o s s ,
9 ,8 2 8 ,0 0 6 ; n e t ,
2 , 8 0 7 ,5 5 9
_ ® * T t T 4 b STovrit.-—T b * leased line stock is s e e m e d b y d e p o s i t o f
819
$ 1 0 ,0 0 0 ,0 0 0 C h fe a g n 8 t. L o n t a A N e w O r l e a n s s t o c k , a n d In c a s e o f
d e f a u l t f o r s i x t y d a y s in t h e p a y m e n t o f a n y s e m i a n n u a l d i v i d e n d o f 2
p e r c e n t , t h e s t o c k h o l d e r Is e n t i t l e d t o h i a ■dtara o f t h e s t o c k p le d g e d .
O n M a r c h 3 1 , 1 8 9 0 , is s u e d 9 1 0 ,0 0 0 ,0 0 0 s t o c k f m a k i n g t h e t o t a l
.-Stock $6<),0 0 0 ,0 0 0 ), T h e p r o c e e d * w i l l m e e t t h e c o s t o f C h e s a p e a k e
D n io A S o u t h w e s t e r n s e c u r i t i e s p u r c h a s e ! , I m p r o v e m e n t # o n t h e L a k e
IT M o n t h o f D e c e m b e r , 1 8 9 5 , is e s tim a te d .^ — s e e V . 6 2 , p . 1 8 8 ,
A i f x n x L R e p o r t .— F is c a l y e a r e n fls J u n e 3 0 . A n n u a l m e e t i n g is h e ld
a t 0 9 c a g o t h e s e c o n d W e d n e s d a y In O c t o b e r . R e p o r t f o r 1 8 9 4 - 9 5 w a s
p u b lis h e d a t l e n g t h i n Y . 6 1 , r». 5 3 8 , 5 5 3 . 5 5 8 . T h e f o l l o w i n g d o e s n o t
in c lu d e Y a z o o A M is s is s ip p i v a l l e y — w h ic h s e e b e l o w .
INVESTORS’ SUPPLEMENT
74
(VOL. LXH.
S u b s c r i b e r * w i l l c o n f e r a t 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 t ic 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 l e s .
R A IL R O A D S .
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , & o .,
o n f i r s t p a g e o f t a b le s .
hoc
Bonds— P r i n c i
IN T E R E S T O R D IV ID E N D S .
S iz e , o r
p a l,W h e n D u e
Am ount
R
a
t
o
p
e
r
W
h
e
n
P
a
r
S to c k s — L a s t
W
h
e
r
e
P
a
y
a
b
l
e
,
a
n
d
b
y
n o te s
O u ts ta n d in g
P a y a b le
W hom .
C e n t.
D iv id e n d .
R o a d . B o n d s V a lu e .
of
C h ic . S t. L o u is A N . O ., l e t M , ( p r i o r l ie n i n T e n n . )
1 s t m o r t g a g e , C a ir o , H I., t o NT 0 . , L a . a n d b r a n c h
C o n s o l, m o r t . ($ 1 8 ,0 0 0 ,0 0 0 ), g o l d (s e e t e x t ) . o * * r
M e m p h is D i v . 1 s t M ., g o l d , g u a r . p . A l . ( e n d . ) . o '
Illin o is Central System—St. L . A l t o n A T e r r e 11.—
C o m m o n s t o e k , $ 3 ,4 7 0 ,8 0 0 , r e n t a l 2 >4 p . 0 . y e a r l y
{1st M .n n d ,t c r m ’ l ( $ 2 , 5 0 0 , 0 0 0 ) , g . , r o d . a t l 0 5 . c * * r
L eased L ines.
D a te
of
5G 7
567
567
567
100
1877
1877
1877
1881
1889
14
1881
1894
B e l l e v i l l e A S o. 111. p r e f . s t o c k , $ 1 ,2 7 5 ,0 0 0 , r e n t a l
I l e t m o r t . , ( i n t e r e s t g u a r . ) s in k , f d . , n o t d r ’ n .o *
• B e l l e v . & C a r o n d e le t . 1 s t M „ B e l l e . t o E . C a r o n . c ’
{B e lle v ille & E l D o r a d o — 1 s t (in t ’ s t g u a r a n te e d )c *
: 2 d m o r t g a g e , D u Q u o in t o E l d o r a d o ................c*
{S t . L o u is S o u t h e r n — 1 s t i u o r t ., g o l d , in t . g u a r , o ’
2 d M . , l n c . , n o n -o u m ., P i n c k n e y v . t o C a r b o m l . C
IC a r b o u d a le & S h a w n e e t ’n l e t M . p g .,t n t . g u . . c *
C o n s o l, m o r t g a g e , g o l d ($ 1 ,3 2 5 , 0 0 0 ) ..............c*
J C h lo . 8 t.L .«fc P a d u c a h 1 s t M ., g ., r e d a t 1 0 5 g u . o *
2 d M ., g ., In c . (n o n - c u in .) M a r io n t o P a d . & b r . o *
Indiana Illinois it Iowa— I s t M
. , g o l d , r e d . a t p a r . , o*
1 s t a n d 2 d I n c .M s .($ 2 5 0 ,0 0 0 e a c h ) 4 p .c .n o n - e u m .r
1 s t E x t . M . ($ 5 0 0 ,0 0 0 ) g o ld , r e d . a t 1 0 5 ..............c "
57
17
51
51
30
30
17
30
53
53
152
118
118
35
Indiana <t Illinois Southern—See St. L ouis I ndian APOLI
93
Indianapolis Un.—l s t m . , g „ s. f . n o t s u b j.t o c a l l . c *
Indianapolis it Vincennes—I s t M . , g u a r . p .& i. ( e n d . )c 1 3 3
2 d M ., g u a r a n t e e d p . A 1. P e n n . R R . C o . ( e n d . ) ____c
133
1866
1883
1880
1880
1886
1886
1887
1894
1887
1887
1895
1889
1889
1893
s A Ea
1886
1867
1870
$ 1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
•
100
1 ,0 0 0
1 ,0 0 0
7
7
6
5 g.
4 g.
$ 5 3 9 ,0 0 0
8 2 8 ,0 0 0
8 0 ,0 c 0
1 1 ,2 8 1 ,0 0 0
3 ,5 0 0 ,0 0 0
7 0 ,0 0 0
2 , 2 7 5 ,0 0 0
M. A N.
M. & N.
J. & D .
J lo A D lo
J. A D .
N . Y ., 214 B ro a d w a y .
do
do
do
do
do
do
do
do
N ov.
N ov.
D eo.
June
D eo.
2 *4 p . a n . J . & J . l s t d i v , J u l y ,’ 9 6 ,1. C . O f .
6
June 1
5 g. J . & D . N . Y ., S ta te T r u s t C o.
J. & J.
A . <fe O .
J . <fc D .
J. A J.
F. A A.
M . <fc 8.
M a rch .
M . & S.
M . & 8.
M . A 8.
M . <& S.
J. & J.
J. A D .
A . <fc O.
M . & 8.
100
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
500
1 ,0 0 0
(1
9 9 8 ,0 0 0
4 8 5 ,0 0 0
2 2 0 ,0 0 0
3 3 0 ,0 0 0
5 5 0 ,0 0 0
1 7 9 ,0 0 0
2 5 0 ,0 0 0
3 4 6 ,0 0 0
1 , 0 0 0 ,0 0 0
1 ,0 0 0 ,0 0 0
1 ,8 2 4 ,0 0 0
8 0 0 ,0 0 0
4 5 7 ,5 0 0
5 0 0 ,0 0 0
8
6
7
6
4
5
4
o
5
5
5
4
4
5
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
9 5 5 ,0 0 0
1 ,7 0 0 ,0 0 0
1 ,4 0 1 ,0 0 0
4 k ig . M . & N . P h i l a . , F i d e l i t y T r u s t .
7
F . & A . N . Y . , F a r m . L . & T r . C o.
M. & N.
do
do
6
STEEN,
g.
g.
g.
g.
g.
g.
g.
g.
1 s t d i v . J u l y , '9 6 , 1. C . O f.
N . Y ., S ta te T r u s t C o.
do
do
do
do
P d . in ’ 9 1 ,c o u p . F e b .,’ 80
N . Y ., M e re a n . T r . C o.
do
do
do
do
do
do
do
do
P a i d 1 % p .c . N o v . , 1 8 9 3 .
N e w Y o r k C it y .
N . Y . , M e t r o p o l. T r . C o.
do
do
do
do
1, 1 897
1, 18 9 7
1, 1907
1 5 ,1 9 5 1
1, 1951
...............
Ju n e 1, 1914
O c t.
June
J u ly
Aug.
S e p t.
S e p t.
M ch.
S e p t.
S e p t.
S e p t.
Jan.
D ec.
D ec.
M a r.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1896
1923
1910
1920
1931
1931
1932
1939
1917
1917
1935
1939
1939
1943
M a y 1, 1926
F e b . 1, 1 9 0 8
M a y 1, 1900
1895.
Tear ending June 3 0 2 ,8 8 8
M i l e s o p e r a t e d ........................
$ 3 ,9 0 8 ,3 4 8
P a s s e n g e r e a r n i n g s ..............
1 2 ,8 2 1 ,2 1 1
F r e i g h t e a r n i n g s ....................
2 ,3 2 7 ,4 3 5
M a l i ; e x p r e s s A m is c e lla n e o u s .
1894.
2 ,8 8 8
$ 6 ,1 1 6 ,6 0 3
1 2 ,2 5 3 ,6 1 2
2 ,2 8 7 ,2 4 9
1893.
2 ,8 8 8
$ 5 ,1 5 1 ,3 9 8
1 2 ,7 8 1 ,2 0 1
2 ,1 6 2 ,5 9 1
$ 1 9 ,0 5 6 ,9 9 4
. 1 3 ,2 6 8 ,5 3 1
.
6 9 -6 3
P . ct. o p . e x p e n . t o g ro s s e a rn s
$ 2 0 ,6 5 7 ,4 6 4
1 4 ,3 6 9 ,4 1 6
6 9 -5 6
$ 2 0 ,0 9 5 ,1 9 0
1 4 ,2 8 3 ,9 3 4
7 1 -0 8
$ 5 ,7 8 8 ,4 6 3
1 ,5 1 9 ,4 0 9
1 2 3 ,0 3 3
$ 6 ,2 8 8 ,0 4 8
1 ,8 6 5 ,3 2 5
4 1 ,1 2 0
$ 5 ,8 1 1 ,2 5 6
1 ,2 5 9 ,5 8 6
6 6 ,9 0 6
L o u is
C h a r g e s f o r 1 8 9 4 - 5 w e r e : i n t . , $ 7 3 ,6 4 6 : i n t . o n p r e f . , $ 3 7 ,6 8 2 ; n e w
e q u i p m e n t , e t c . ( n e t ) , $ 8 9 ,2 6 0 ; t o t a l , $ 2 0 0 ,5 8 8 .
- ( V . 5 9 , p. 7 8 2 , 8 8 0 ; V . 6 0 . p . 3 9 3 , 5 6 3 , 1 1 4 7 ; V . 6 1 , p . 6 8 , 1 9 5 , 2 3 9 ,
2 8 0 , 3 6 5 , 4 3 1 , 5 5 8 , 6 5 7 , 6 6 1 , 7 0 3 ; V . 6 2 , p . 2 7 9 , 6 3 6 , 6 8 4 .)
N e t r e c e ip ts fr o m in te r e s t, A o .
M i s c e l l a n e o u s ........................
$ 7 ,4 3 0 ,9 0 5
$ 8 ,1 9 4 ,4 9 3
$ 7 ,1 3 7 ,7 4 8
$ 2 ,7 5 7 ,8 4 5
In t.o n C b ic .S t.L . A N .O . bonds.
1 ,2 1 7 ,8 4 0
R e n t a l D u b . A S io u x C it y R R . .
4 7 1 ,3 7 9
D i v i d e n d s o n 111. C e n t r a l s t o c k
2 ,5 0 0 ,0 0 0
4 0 0 ,0 0 0
D iv id e n d s o n L e a s e d L in e
8 0 ,9 2 5
M i s c e l l a n e o u s ........................
$ 2 ,6 6 5 ,2 6 5
1 ,2 1 7 ,8 4 0
8 6 7 ,1 4 8
2 ,5 0 0 ,0 0 0
4 0 0 ,0 0 0
8 0 ,9 6 5
$ 2 ,0 7 7 ,4 2 5
1 ,2 1 7 ,8 4 0
7 3 2 ,9 1 4
2 ,5 0 0 ,0 0 0
4 0 0 ,0 0 0
8 0 ,9 1 0
B a l a n c e ...............................................
S u r. * 2 , 9 1 6 S u r .$ 4 G 3 ,2 7 5 S u r .$ 1 2 8 ,6 5 9
Y azoo & Mississippi Valley .—R e s u l t s
o n 8 0 7 m il e s :
Tear—
Gross.
'/el.
Other inc. * Interest, etc. Bal. sur.
1 8 9 4 -9 5 . . . $ 3 , 3 3 1 , 3 3 5
$ 9 5 1 ,0 6 8
$ 4 ,5 5 5
$ 6 9 3 ,7 2 2
$ 2 6 1 ,9 0 1
1 8 9 3 - 9 4 . . . 3 ,3 3 8 ,8 6 0
9 6 9 ,3 9 9
4 ,2 3 0
7 5 4 ,4 9 5
2 1 9 ,1 3 4
■ I n c lu d e s lo s s o n s a l e o f s e c u r i t i e s , $ 3 ,2 0 0 i n 1 8 9 4 - 5 a n d $ 5 9 , 5 0 0 i n
1 8 9 3 -4 .— V . 5 9 , p . 5 5 6 ; V . 6 1 , p . 5 6 1 .
— ( V . 59, p. 290, 5 3 5 , 5 5 0 , 5 5 5 , 919, 1006; V . 60, p. 391, 4 8 0 , 794,
9 2 8 ,1 0 5 8 ; V . 6 1, p . 112, jr g , 5 3 8 , 5 5 3 , 5 5 8 , 5 6 0 , 7 4 9 , 9 6 6 , 1 0 6 5 ,
1 1 5 4 ; V . 6 2 , p . 1 3 8 , 2 7 9 , 5 8 8 , 6 3 5 , 6 3 6 , 6 8 3 , 6 8 4 .)
I l l i n o i s C e n t r a l S y s t e m . — St . L ouis A lton & T erre H aute
R R . — O p e r a t e s t h e ” C a ir o S h o r t L i n e ” r o u t e f r o m S t. L o u i s , M o . , a c r o s s
t h e c o a l fie ld s o f S o u th e rn Illin o is t o P a d u c a h , K y ., w it h b ra n c h e s .
Proprietary Line —
Miles.
E . S t. L o u is t o B e l l e v i l l e , 111... 1 5
Leased Lines —
B e lle v ille & S o u th e rn Illin o is —
B e l l e v i l l e t o D u q u o i n ........ 5 7
B e lle v ille & E ld o r a d o —
D u q u o in t o E l d o r a d o .......... 5 0
B e lle v ille A C a r o n d e le t—
B e lle v ille to E a s t C a r o n d e le t. 1 7
Leased Lines — (Goncl . ) — Miles.
S t. L o u i s S o u t h e r n —
P i n e k n e y v i l l e t o C a r b o n d a le . 3 0
C a r b o n d a le A S k a w n e e to w n —
C a r b o n d a l e t o M a r i o n .............. 1 7
C h ic a g o S t. L o u i s & P a d u c a h —
M a r i o n t o P a d u c a h , e t c .......... 5 3
T o t a l o p e r a t e d ..........................2 3 9
L ease.—'T h is
r o a d was l e a s e d in A p r i l , 1 8 9 6 , t o t h e I l l i n o i s C e n t r a l
fo r 9 9 y e a r s fr o m O c t. 1 ,1 8 9 5 , w ith p r iv ile g e o f r o n e w a l “ u p o n th e
e x p r e s s a g r e e m e n t a n d g u a r a n t e e o f t h e s a id I l l i n o i s C e n t r a l R R . C o .
t o p a y a d i v i d e n d o f 2 >4 p e r c e n t p e r a n n u m t o t h e s t o c k h o l d e r s o f t h is
c o m p a n y . T h e fir s t p a y m e n t w ill b e d u e o n J u ly 1 ,1 8 9 6 , a n d s e m i
a n n u a lly t h e r e a ft e r ." — V . 6 2 , p. 63 6 .
Conversion o f si.
A. if- T. II. and Belleville <t So. Illin o is stock—The
I l l i n o i s ( -i iit r a l f ille r s t o c o n v e r t S t, L o u i s A l t o n & T . H . s t o c k i n t o n e w
I llin o is C e n tr a l 3 p c. b o n d s a t $ 7 5 o f b o n d s f o r e a c h $ 1 0 0 o f s to c k ,
a n d B e lle v ille & S o u th e rn I llin o is s to c k a t $ 1 6 0 o f b o n d s f o r e a c h $ 1 0 0
o f s to o k — see V . 62, p. 684.
B o n d s . - T h e n e w first mortgage a u t h o r i z e d i n J u n e , 1 8 9 4 , c o v e r s t h e
c o m p a n y ’ s v a l u a b l e l e a l e s t a t e in S t. L o u i s a n d t h e 1 4 m il e s o f r o a d
o w n e d , a ls o e q u i p m e n t (o n w h ic h a r e n o c a r t r u s t s ) v a l u e d a t $ 8 0 0 ,0 0 0 .
T h e b o n d s a r e r e d e e m a b le a t 1 0 5 p e r c e n t o n o n e y e a r 's n o t i c e . S t a t e
T r u s t C o ., N . Y . . T r u s t e e .
L eased L ines—Belleville it So. Illin o is w a s l e a s e d f o r 9 9 9 y e a r s t o
t h e St. L o u i s A l t o n A T e r r e H a u t e o n t e r m s s t a t e d in Supplement f o r
J a n u a r y , 1 8 9 6 , b u t h a v i n g l o a s o d t h e S t. L o u i s A . & T . H . t h e I l l i n o i s
C e n t r a l a s s u m e d t h e B . & S. I . le a s e m o d i f i e d a s f o l l o w s ; T h e I l l i n o i s
C e n tr a l “ g u a r a n te e in g t h a t a fix e d r e n t a l o f 4 -8 0 p e r c e n t p e r a n n u m
b e p a id t o t h e h o ld e r s o f t h e p r e f e r r e d s h a r e s o f t h e B e l l e v . & S o . I I I .
R R . C o ., b y t h e 111. C e n t . R R . C o . f o r 9 9 y e a r s f r o m J a n . 1 , 1 8 9 6 , w i t h
p r iv ile g e o f r e n e w a l, th e fir s t p a y m e n t t o h e m a d e o n J u ly 1 st 1 8 9 6
a n d t h e r e a ft e r e a c h s ix m o n th s .” -V . 6 2 , p . 63 6 .
C o m m o n s t o c k o f B e l l e v i l l e A S o u t h e r n I l l i n o i s i s $ 4 1 7 ,0 0 0 a n d p r e
f e r r e d $ 1 ,2 7 5 ,0 0 0 , a n d d i v i d e n d s o n p r e f e r r e d s t o o k h a v e b e e n s in c e
1 9 8 6 — 6 Sj in 1 8 8 7 ; 6 3 i In 1 8 8 8 a n d 1 8 8 9 ; In 1 8 9 0 , 8 2s ; in 1 8 9 1 S ’ 5 3 in 1 8 9 2 . 8 ; in 1 8 9 3 , 8 ; ill 1 8 9 1 , 8 ; in 1 8 9 5 , M a y , 7 4 i p e r c e n t
T h e Belleville it Carondelet is l e a s e d f o r 9 8 3 y e a r s f r o m J u n e 1 1 8 8 3
a t a r e n t a l o f $ 3 0 ,0 0 0 p e r y e a r , w h i c h is a g u a r a n t e e o f i n t e r e s t o n t h e
b o n d s , t h e s t o c k o f $ 5 0 0 ,0 0 0 b e l u g o w n e d b y t h e S t, L . A l t . & T . H .
T h e Belleville & Eldorado is l e a s e d f o r 9 8 5 y e a r s f r o m J u l y 1 1 8 8 0
a t a r e n t a l o f 3 0 p e r o e n t o f t h e g r o s s e a r n in g s , b u t $ 1 5 ,4 0 0 p e r v e a r
g u a r a n t e e d . S t o c k , $ 1 ,0 0 0 ,0 0 0 ; p a r , $ 1 0 0 .
St. Louis Southern d u e l. Curb tt Shawneelown) i s l e a s e d f o r 9 8 0 y e a r s
f o r 3 0 p e r o m it o f g r o s s e a r n in g s , m in im u m t o b e $ 3 2 ,0 0 0 , a n d in t e r e s t
o n b o n d s b e i n g g u a r a n t e e d t o t h a t e x t e n t . S t o c k $ 5 0 0 ,0 0 0 ( p a r $ 1 0 0 )
U s te d in N . Y . 1n D e c ., 1 8 9 2 . D i v i d e n d s p a id : I n 1 8 9 2 t o 1 8 9 4 , in c l u s i v e
5 p . c . y e a r l y In M a r c h ; In 1 8 9 5 , M a y , 3 p . c .; N o v . , n o n e . T h e S t L o u i s
8 0 . c o n - o l. 1 st m o r t . o f 1 8 9 4 is f o r $ 1 ,3 2 5 ,0 0 0 (.M e r c a n t i l e T r . C o t r u s
t e e . ) a u t h o r i z e d t o r e d e e m a l l t h e p r i o r b o n d s , I n c l u d i n g C a r b o n d a le
* S b a w n e e t o w n fir s t s . I n y e a r 1 8 9 3 - 9 4 r e n t a l w a s $ 8 2 ,8 1 3
T h e Chicago St. Louis it Paducah. Is le a s e d f o r 9 7 8 y e a r s f r o m M a r c h
1 8 8 8 , a t 3 0 p e r c e n t o f g r o s s e a r n in g s , w i t h g u a r a n t e e o f p r i n c i p a l a u d
r e n ta l t o p a y fir s t m o r tg a g e in te r e s t.
( V . 4 7 , p . 8 0 1 .) T h e f i r s t m o r t
g a g e b o n d s o n th is r o a d a r e r e d e e m a b le a f t e r S e p t. 1 ,1 8 9 2 , a t 1 0 5 .
I n M a r c h . 1 8 9 2 . 2 p e r c e n t w a s p a id o n s e c o n d m o r t g a g e in c o m e s a n d
N o v . 2 9 ,1 8 9 3 , 1 % p e r c e n t.
S t. L . A . & T . H . o w n s $ 5 0 0 ,0 0 0 B e l l e v . A C a r o n d . s t o o k , $ 9 0 0 , 0 0 0
C k . S t. L . A P a d . s t o c k a n d $ 5 0 0 ,0 0 0 o f t h e l a t t e r r o a d ’ s i n c o m e b o n d s .
E ar n in g s .—8
m o n t h s , 5 1 8 9 5 - 6 . . g r o s s , $ 1 4 ,7 2 7 ,8 4 9 ;
J u ly 1 to F e b . 29.
f 1 8 9 4 - 5 . . g r o s s , 1 2 , 8 5 2 ,4 6 6 ;
n e t , $ 5 ,1 2 9 ,0 0 0
n e t, 3 ,8 0 0 ,9 6 2
A n n u a l R e po r t .—F i s c a l
y e a r e n d s J u n e 30. A n n u a l m e e t i n g a t
fir s t M o n d a y in J u n e . R e p o r t f o r 1 8 9 4 -9 5 in V . 6 1, p . 6 5 7 .
Tear.
Cross.
1 8 9 4 - 9 5 ........................$ 1 , 3 5 0 ,0 5 5
1 8 9 3 - 9 4 ........................ 1 ,3 8 5 ,0 4 6
In d ia n a D e c a tu r
&
Net.
$ 5 6 7 ,5 2 6
5 2 8 ,3 1 7
W e s te rn
S t.
Rentals.
Balance.
$ 3 6 5 ,3 2 9
3 8 4 ,2 8 1
$ 2 0 2 ,1 9 7
1 4 4 ,0 3 6
K y . — In d ia n a p o lis , In d ., t o D e
c a t u r , 111., 1 5 2 m ile s .
H i s t o r y .— O r g a n i z e d b y b o n d h o l d e r s ’ c o m m i t t e e in 1 8 9 4 t o s u c c e e d
In d ia n a p o lis S p r in g fie ld & W e s te r n , s o ld u n d e r fo r e c lo s u r e o f o ld I n
d ia n a p o lis D e c a t u r & S p r in g fie ld fir s t m o r t g a g e o f 1 8 7 6 .
Stock , an d B onds .—I n D e c e m b e r , 1 8 9 5 , $ 9 1 2 , 0 0 0 c o m m o n a n d $ 9 1 2 ,0 0 0 p r e f e r r e d h a d b e e n is s u e d , a l l o f w h i c h k a d b e e n s o l d t o C i n c i n n a t i
H a m i l t o n A D a y t o n in t e r e s t s . S e e V . 6 1 , p . 1 0 6 4 .
T h e fir s t m o r t g a g e o f 1 8 9 5 is a u t h o r iz e d a t $ 1 2 ,0 0 0 p e r m ile f o r
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 r e r e d e e m a b le b y l o t a t
110, a t a n y t im e o n e ig h t w e e k s n o t ic e ; m o r t g a g e tr u s te e , C e n tr a l
T r u s t C o ., N . Y . , a u d A u g u s t u s L . M a s o n o f I n d i a n a .
L atest E a r n in g s .—6
m os.
J u ly 1 to D eo. 31.
) 1 8 9 5 ..G r o s s ,
5 1 8 9 4 ..G ro ss,
$ 2 5 8 ,6 6 1 ;
2 6 2 ,2 3 9 ;
n e t, $ 8 1 ,9 1 2
n e t, 1 0 0 ,6 3 2
A nnual
R e p o r t .— F i s c a l 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 4 - 9 5
w a s in V . 6 1 , p. 1 0 6 1 , s h o w in g e a r n in g s a s f o l l o w s :
Tears end June 3 0 .
Cross. Op. exp.
Net.
Taxes. Balance.
1 8 9 4 - 9 5 ...................... $ 4 7 8 , 1 3 4 $ 3 0 5 , 8 3 7 $ 1 7 2 , 2 9 7 $ 3 2 , 9 7 6 $ 1 3 9 ,3 2 1
1 8 9 3 - 9 4 ......................... 3 8 7 ,5 6 5 3 1 7 ,7 4 6
6 9 ,8 1 8
3 3 ,8 5 3
3 5 ,9 6 4
1 8 9 2 - 9 3 .................... 5 0 4 ,9 2 9 3 5 7 ,7 1 1
1 4 7 ,2 1 8
3 3 ,8 2 7
1 1 3 ,3 9 0
O ffic ers .— ( E l e o t e d i n D e c e m b e r , 1 8 9 5 ) : P r e s i d e n t , M . D . 'W o o d
f o r d ; V i c e - P r e s i d e n t , H e n r y F . S h o e m a k e r . — ( V . 6 0 , p . 82 , 4 3 2 -, V . 6 1 ,
p . 1 1 2 , 7 9 4 , 1 0 i 3 , 1 0 6 3 , 1 0 6 4 ; V . 6 2 , p . 5 0 2 .)
I n d i a n a I l l i n o i s & I o w a R R . —O w n s f r o m S t r e a t o r J u n c t i o n ,
H i., to K n o x , In d ., 1 1 8 m ile s ; K n o x t o S o u th B e n d , I n d ., 3 5 m ile s ;
t r a c k a g e (W a b a s h R a i l w a y ) i n t o S t r e a t o r , 1 -7 0 m i l e s ; (C h . & W . M . ) L a
C r o s s e , I n d . , t o N e w B u f f a l o , M ic h ., 3 8 : (O h io . & E . H I . ) W k e a t f l e l d t o
L a C r o s s e , I n d . , 1 3 : (K a n . & S e n . R R . ) K a n k a k e e t o S e n e c a , 111., 3 8
m ile s ; t o t a l o f a ll, 2 0 9 m ile s . E x t e n s i o n t o S o u t h B e n d , I n d . , o p e n e d i n
D e c e m b e r, 1894.
Se c u r it ie s .—S t o c k , $ 3 ,5 9 7 ,8 0 0 ; p a r , $ 1 0 0 . E q u i p m e n t n o t e s J u n e
3 0 , 1 8 9 5 , $ 8 4 ,3 6 8 . T h e 1 s t a n d 2 d in c o m e s , a s w e l l a s t h e 1 s t 4 s , a r e
s u b je c t t o c a l l a t p a r a n d i n t e r e s t a f t e r 3 0 d a y s ’ n o t i c e . T h e 5 per cents
of 1 8 9 3 a r e a f i r s t m o r t g a g e f r o m K n o x t o S o u t h B e n d ( I n d . 111. A I o w a
Railway C o . ) , a n d a c o n s o l i d a t e d m o r t g a g e o n m a in l i n e .
E
.— 2 m o n t h s ,
Jan . 1 to F e b . 29.
a r n in g s
J 1 8 9 6 ................. g r o s s , $ 1 5 6 ,6 3 2 ;
< 1 8 9 5 ................. g r o s s , 1 3 9 ,1 1 5 ;
n e t, $ 5 8 ,6 9 5
n e t , 4 4 ,3 6 3
E a r n in g s .—F o r y e a r e n d i n g D e c . 3 1 , 1 8 9 5 , g r o s s , $ 7 6 6 , 6 9 0 ; n e t ,
$ 2 2 6 ,8 7 6 ; in t e r e s t o n fir s t m o r t g a g e b o n d s , a n d t a x e s a n d r e n t a ls ,
$ 8 7 , 6 2 2 ; b a l a n c e , n e t i n c o m e f o r t h e y e a r , $ 1 3 9 ,2 5 3 . I n y e a r e n d i n g
J u n e 3 0 , 1 8 9 5 , g r o s s $ 7 3 9 , 6 1 8 ; n e t , $ 1 7 7 ,6 3 0 . I n t e r e s t , t a x e s a n d
r e n t a l s , $ 1 0 2 , 3 8 8 ; b a l a n c e , s u r p lu s , $ 7 5 ,2 4 2 .
In
1 8 9 3 -9 4 . g r o s s ,
$ 7 5 2 ,9 5 1 ; n e t , $ 1 4 5 ,9 1 4 . P r e s i d e n t , F . M . D r a k e , C h ic a g o , 111.; V i c e P r e s id e n t , G e o . H . H o lt . 1 1 W a l l S t r e e t , N . Y . — (V . 5 9 , p. 1 1 0 4 ; V . 6 0 ,
p . 5 6 2 , 7 4 8 ; V . 6 2 , p . 5 4 8 .)
I n d i a n a p o l i s U n io n . —O w n s 3 m i l e s o f t r a c k , -9 3 o f a m i l e
o f r o a d , w i t h t e r m i n a l s a t 1 u d ia n a p o lis , I n d . , a n d l e a s e s f o r 9 9 9 y e a r s
t h e B e l t R R . o f I n d ia n a p o lis — w l i i o k s e e — c o n s is t in g o f 1 2 *2 m ile s o f
r o a d e n c i r c l i n g t h e o ’. t y , e t c .
F o r m e d i n 1 8 5 0 a n d f u r n is h e s t e r m i n a l f a c i l i t i e s t o t h e s e v e r a l
r a i l r o a d s e n t e r i n g I n d i a n a p o l i s . Sto c k —T h e C l e v e l a n d
C in c in n a ti
C h i c a g o A S t. L o u i s , t h e P i t t s b u r g C i n c i n n a t i C h i c a g o A S t. L o u i s a n d
t h e T e r r e H a u t e A In d ia n a p o lis a r e v i r t u a l p r o p r ie to r s , t h e y h a v in g in
v e s t e d i n i t $ 8 5 5 ,0 9 2 to J u n e 3 0 , 1 8 9 5 . N o s t o o k o u t s t a n d in g . B onds .
— T r u s t e e o f m o r t g a g e is t h e F i d e l i t y I n s . T r u s t A S a f e D e p o s i t C o . o (
P h i l a d e l p h i a . B o n d s f o r $ 3 5 ,0 0 0 h a v e b e e n c a n c e l e d b y s i n k i n g f u n d .
F o r y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , g r o s s , $ 5 0 4 , 8 G 0 ; n e t , $ 2 2 3 ,5 9 0 ; o t h e r
i n c o m e , $ 1 6 ,5 3 4 ; c h a r g e s , $ 1 5 8 , 1 8 8 ; b a l a n c e , s u r p lu s , $ 8 1 ,9 3 6 . I n
1 8 9 3 - 9 4 , n e t , $ 1 9 1 ,6 0 7 .
I n d l a n o p u l l s & V i n c e n n e s . — O w n s fr o m In d ia n a p o lis , In d ., t o
V in c e n n e s , I n d . , 1 1 7 m ile s ; b r a n c h e s , B u s h r o d t o D u g g e r , e t c . , 1 6 m i l e s .
Se c u r it ie s .—C o n n e c t i n g l i n e f o r P e n n . R R . t o V in c e n n e s . S t o o k ,
$ 1 ,4 0 2 ,0 0 0 ; p a r, $ 5 0 : o f w h ic h P e n n s y lv a n ia C o m p a n y o n J a n . 1
1 8 9 5 , o w n e d $ 1 ,4 0 1 ,9 0 0 . T h e P e n n . R R . Co. g u a r a n t e e s b y e n d o r s e
m e n t o n e a c h th e p r in c ip a l a n d in t e r e s t o f th e b o n d s.
E ar n in g s .— I n 1 8 9 4 g r o s s , $ 4 8 4 , 3 1 5 ; n e t , $ 9 6 , 8 6 5 ; d e f i c i t u n d e r
o h a r g e s , $ 1 0 9 ,6 5 8 .
In 1 8 9 3 g r o s s , $ 5 2 0 , 9 0 3 ; n e t , $ 9 9 , 4 1 4 ; d e f i c i t
u n d e r c h a r g e s , $ 1 0 3 ,7 0 4 , a g a i n s t $ 9 4 ,5 6 6 In 1 8 9 2 .
RAILROAD STOCKS AND RONDS,
A p r il , 1?%.]
73
"cT^-ljEau Claire
M IN N iS p O t(^
fflTra/erm City
Stevens Pomi
1 ^ X / W a lto n V .
limslrn
A p >«t4 u
Wtnon)
Mankato
OshkoshS;
duTVao^
Grand Rapids
yULWAUKE
kc;B
- Lehigh
.
mazo-f
7/
SIOUX
S iO U X c i t y '
CoggoiHi
I
MarihaUtowp;
H IC A G <
PWtS’E
Dixon!
Ken#lrfgtoO
^ ? R Iv ffj!a W
Davenport
aklmrt
Jolie)>i fit
lock Island
^ Councjl Bluffs
PUardWT^
A ib:a
e ona
j S S o p f e ' -'
A N Ol
btijrntM
p^CATU j
'Areola,
,NUli*U?
Le»venw<5rt}v-:> ,• 0
h ^ p fo o jjx -
. '• ' k a ^ s a s c i t
[SB
I*
,N,V«irtto
~
# \
W
p y k ; ii)y>itn»ty\Otiagj
/pm..
9mm$
'c
e n t
.
MbSalMa.
OraflBsliu
■jj/tiwiiirit
U tT O N
g u th r
NASHV1
^
Sjwarta
TttIJ*Aoro*
Cftattani
UTTl«£ ROCK'
H o lS p r iiip
A rfcan *#t (
ttUBf* AUCMSrMVHf
V lp K S B ln
B Uaii«sfear«s
n Beauregard
g Brooklwrea
T W p s e O’hltio
1Wnnamit
/
f MeCnmb CitV
■ifi'gpoll*.
Tangipahoa
;' v x
/
/
n8• G0
W AI>
P*r W*
O P
TH E
GAtVESi
ILLINOIS CENTRAL
SYSTEM.
INVESTORS’ SUPPLEMENT.
76
[VuL. 1X II,
S u b sc rib e r* w i l l c o n fe r a g r e a t fa v o r b y g i v i n g I m m e d ia t e n o tic e o f a n y e rro r d is c o v e r e d In tliese T a b le s .
R A IL R O A D S .
M ile s
of
Road.
on first page of tables.
In t e r n a t io n a l <f O reat N o r th e r n — 1 s t m o r t . , g o l d ____
C e r t i f i c a t e s o f I n d e b t . s e c . b y 1 s t m . c o u p o n s , g o ld .
P u r c h a s e m o n e y 2 d m o r t . in c o m e s , n o n - e m n _____
2 d M . g o l d , tn t. -1 Lj p .o . t i l l S e p t . ’ 9 7 , t h e n 5 p .o ..c '
3 d m . ($ 3 ,0 0 0 ,0 0 0 ) I n c o m e t i l l S e p t . 1 ,1 8 9 7 , g . . o ’
C o lo r a d o B r i d g e b o n d s , s in k in g t u n d ..........................
l o ir a Cent.— C o m m o n s t o c k , $ 1 1 ,0 0 0 ,0 0 0 a u t h ........
P r e f e r r e d s t o c k , $ 7 ,4 0 0 ,0 0 0 , 5 p . c ., n o n - c u m ____
1 s t M ., f o r $ 7 ,0 5 0 ,0 0 0 ; $ 1 5 ,0 0 0 p e r m ile , g o l d , . c ’
K e l t h s b u r g B r i d g e 1 s t m o r t g a g e , g o l d , g u a r ____o *
I r o n R a ilw a y — S t o c k . . . . ......................................................
Jack. Lou. <f St. L.—R e c e i v e r s ’ c e r t i f i c a t e s ..................
J a c k s o n v i l l e S o u t h e a s t e r n 1 s t m o r t g a g e .................
J . L . A S t. L. c o n s . M ., g o ld , g u a r . p . & i. , e n d ........ e *
J a c k s o n v ille T a m p a i t K e y W e s t - R e c e i v e r ’ s c e r t i l s .
1 s t, g o l d , r e d e e m a b l e a t 1 1 0 ...............................( - - - O '
A t l a n t i c C o a s t S t . J o h n s Sc I n d ia n R . 1 s t M . , g o l d . o
S a n f o r d Sc L a k e E u s t ls 1 s t M . ($ 3 5 0 ,0 0 0 ), g o l d . . .
J . T . A K . W . c o n s o l, m o r t g a g e f o r $ 4 , 0 0 0 , 0 0 0 0 . .
E q u i p m e n t b o n d s , s e r ie s B , D e c . 1 , 1 8 9 5 ................
J a c k s o n v ille Ter. R y .— 1 s t M . , $ 5 0 0 ,0 0 0 , g ., g u a r . c *
J e ffe r s o n — 1 s t Sc 2 d M s , e x t . in ’ 8 7 A ’ 8 9 ( H ’ d a lo B r . ) c
1 s t M . C a r b o n d a le t o 8. d e p o t , g o l d , g u a r . p . A 1 . . c *
J o lie t it N o rth e rn In d ia n a — l e t M . g u . p . A i. M . C . o
J u n c tio n (P h ila d e lp h ia )— 1 s t m . , g l i a r . p . A i . ( e x t ’ d ).
2 d m o r t g a g e , g u a r a n t e e d p r in . A i n t ..........................
K anaw ha
S lic h . — S t o c k , $ 1 0 ,0 0 0 ,0 0 0 a u t h o r i z e d .
1 s t m o r t g a g e , $ 1 5 ,0 0 0 p e r m il e , g o l d , g u a r . p . A i .c *
K a n s a s C ity <k A t la n tic — 1 s t M ., $ 2 ,5 0 0 ,0 0 0 , g o l d . .
S e c o n d m o r t g a g e , $ 1 ,8 0 0 ,0 0 0 , c u r r e n c y ..................
K a nsas C ity B e lt— 1 s t ($ 5 3 4 ,0 0 0 g u . K . C . F . S . A M j . c *
776
776
776
776
776
S iz e , o r
D a te
Par
of
B o n d s V a lu e .
$500Ac.
V a r io u s
500 Ac.
500 A c.
500 A c.
1879
1892
1879
1881
1892
1880
1888
1885
20
1895
1880
1890
1893
130ks 1 8 8 4
1886
37
29
1886
200
1890
. . . . ’ 8 8 -’ 8 9
1894
1867
“ 8
37
1889
45
1877
3 -5 6
1882
1865
3 -5 6
112
__
To
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1890
1893
1893
1886
500
8 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
100
1 ,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
5 0 0 ,0 0 0
1 ,8 0 0 ,0 0 0
1 ,9 5 0 ,0 0 0
1 ,0 0 0
I n t e r n a t i o n a l & G r e a t N o r t h e r n . —O w n s L o n g v i e w , T e x a s , t o
L a r e d o , T e x a s , 4 9 6 m i l e s ; a n d P a le s tin e , T e x a s , t o H o u s to n , T e x a s , 15 0
m i l e s ; b r a n c h e s —H o u s t o n & C o lu m b ia , 5 0 m i l e s ; P h e l p s t o H u n t s
v ille , 7 m ile s ; M in e o la t o T r o u p e , 4 4 m ile s ; le a s e s — R o u n d R o c k to
G e o r g e to w n , 1 0 m ile s ; H e n d e r s o n t o O v e r to n , 16 m ile s ; G a lv e s to n
H o u s t . Sc H e n d . , G a l v e s t o n t o H o u s t o n , 5 0 m il e s (u s e d j o i n t l y w i t h
M . K . & T . s in c e D e c e m b e r , 1 8 9 5 . S e e V . 6 1 , p 1 0 1 3 ); t o t a l , 8 2 5 m i l e s
O r g a n i z a t i o n .— R e o r g a n i z e d w i t h o u t f o r e c l o s u r e i n 1 8 9 2 u n d e r p l a n
in V . 5 4 , p . 2 0 3 , 3 6 6 . I n 1 8 9 2 t h e M . K . St T . d is p o s e d o f it s i n t e r e s t
i n t h e s t o c k t o M r . G o u ld .
(S e e V . 5 0 , p . 3 1 3 ; Y . 5 4 , p . 3 6 6 .)
S t o c k — S t o c k a u t h o r iz e d i s $ 2 5 , 0 0 0 , 0 0 0 ; o u t s t a n d in g , $ 9 ,7 5 5 , 0 0 0 ;
p a r , $ 1 0 0 ; c o n t r o l l e d in i n t e r e s t o f M is s o u r i P a c i f i c a s s t a t e d a b o v e .
B o n d s .— I n t h e r e o r g a n i z a t i o n t h e first 6 s w e r e u n c h a n g e d . T h e
i n t e r e s t w a s s c a le d ' t o 4 % p e r c e n t f r o m S e p t. 1,
1 8 9 1 , u n til a n d in c lu d in g S e p t. 1, 1 8 9 7 ; t h e r e a ft e r i t w ill b e 5 p e r
c e n t ; b u t in c a s e o f d e fa u lt th e r a t e r e v e r t s to 6 p e r c e n t a s fo r m e r ly .
S e c o n d m o r t g a g e b o n d s a r e r e s e r v e d t o t a k e u p t h e $ 8 3 ,0 0 0 o l d in c o m e s .
T h e third mortgage 4 per cent b o n d s f o r $ 3 ,0 0 0 ,0 0 0 , u n t i l a f t e r
S e p t . 1 , 1 8 9 7 , d r a w m t e r e s t o n l y i f e a r n e d , n o n - c u m u la t iv e . S e e p r o
v i s i o n r e s p e c t i n g p a y m e n t o f i n t e r e s t i n V . 5 6 , p . 8 2 . T h e r e is a ls o
o u t s t a n d in g f r a c t i o n a l b o n d s c r i p (in N o v . , 1 8 9 5 .) f o r $ 3 5 ,8 8 7 . T h e
certificates o f indebtedness a r e s e c u r e d b y f i r s t m o r t g a g e c o u p o n s h e l d
i n t r u s t a n d a r e p a y a b l e $ 1 2 4 ,7 4 2 e a c h N o v . 1. O n J u n e 3 0 , 1 8 9 5 ,
o u r r e n t l i a b i l i t i e s w e r o $ 3 8 7 , 5 5 2 ; c u r r e n t a s s e t s , $ 3 2 8 ,8 6 7 .
T r a t t io c o n t r a c t m a d e i n D e c e m b e r , 1 8 9 5 , w i t h M . K . & T . p r o v i d e s
f o r p a y m e n t b y t h e I n t . & G t . N o r . a n d M . K . & T . o f $ 1 0 0 ,0 0 0 y e a r l y t o
t r u s t e e o f G a l. H . & H . m o r t g a g e t o m e e t i n t e r e s t a n d f o r $ 2 4 ,0 0 0 a d
d i t i o n a l f o r o t h e r p u r p o s e s . I n t . & G t . N o r . n o w o w n s 4 ,9 9 9 s h a r e s o f
G . H . & H . s to c k . S e e V . 61, p. 1 0 1 3 , 106 4 .
second mortgayc
E a r n i n g s .— O n 8 2 5 m i l e s , i n c l u d i n g G a l v . H . & H „ f r o m J a n . 1 t o
A p r i l 7 , 1 8 9 6 , 3 t i m o n t h s , g r o s s , $ 8 1 8 ,7 1 8 , a g a i n t $ 9 0 3 ,3 4 9 i n 1 8 9 5 .
I n y e a r 1 8 9 5 , g r o s s , $ 3 ,8 1 3 ,9 3 8 , a g a i n s t $ 3 ,7 9 0 ,3 6 8 i n 1 8 9 4 .
F o r y e a r s e n d i n g J u n e 3 0 , o n 7 7 5 m il e s (G . H . Sc H . n o t in c lu d e d ):
____ _____
_
Cross.
J § 2 ; H f t - - - $ 2 ’4 9 1 >6 5 3
1 8 9 3 - 9 4 . . . . 3 ,1 0 7 ,7 6 3
1 8 9 2 - 9 3 ----- 3 ,9 6 5 ,3 5 5
Net.
Other inc.
$ 1 ,1 2 5 ,2 6 3
7 3 8 ,3 1 7
1 ,3 1 2 ,0 4 8
Charges.
Balance.
$ 1 4 ,2 6 1 $ 5 8 8 , 9 6 9 s u r .U $ 2 8 0 ,5 5 5
39
8 6 3 ,0 0 0 d e f. $ 1 2 4 ,6 4 4
.............. 1 ,0 3 6 ,7 9 8 s u r . 2 7 5 ,2 5 0
K I u 1 8 9 4 9 5 o t h e r p a y m e n t s c h a r g e d o f f w e r e $ 6 8 ,0 7 9 , l e a v i n g s u r
p lu s f o r y e a r $ 2 1 2 ,4 7 6 .
6
— ( V . 5 9 , p . 9 2 0 ,1 1 4 1 ; V . 6 0 , p , 1 0 5 8 ; V . 6 1 , p . 1 0 1 3 , 1 0 6 4 .)
I o w a C e n t r a l . — O p e r a t e s f r o m P e o r i a , H I ., w e s t e r l y t o O s k a lo o s a ,
l a . , t h e n c e n o r t h e r l y t o M a n l y J u n c t io n , l a . , a n d b r a n c h e s , 4 9 8 m ile s .
Owns—
Miles.
Mites
I o w a J u n e ., 111., t o M is s . R i v e r . 8 9
M is s . R i v e r t o O s k a lo o s a , l a . . 9 5
O s k a lo o s a t o M a n l y J u n c t i o n . . 1 5 4
B r a n c h e s t o A l b i a , e t c ................. 1 6 5
Leases—
Miles,
K e l t h s b u r g B r i d g e o v e r M i s s . . 2 *2
T r a c k a g e , I o w a J u n c tio n to
P e o r i a ............................................... 313
T o t a l o f a l l ..................................... 5 0 9
T o t a l o w n e d .................................
..........................5
g0
|i3c i a,bcu u o
mf y w h i c h o p e r a t e d o n l y 4 9 8
N o .U'^ ^ U d ’ o ^ M a ’t e S a t d 5 ^ J u i i e . at o i h ) ^ ^ w o o >
X I i 1m ileef.Uld' C e d a r R ' &
Io w a ^ ld ^ fo r a X s “
? 8 ^ 8 & la n in V '
P ' 6 5 3 ) ° £ th 6 C e n t r a l
i a H t n w i L n T O C K ' T h e O T e f e r r e d i s e n t i t l e d t o 5 p e r c e n t (n o n - c u m u
l a t i v e ) , t h e n c o m m o n t o 5 , t h e n b o t h s h a r e p r o r a t a . Stock in t a b l e
in A ?,r “ - 1 8 9 6 , s o m e a d iU t io n a l s t o c k h a v i n g
b e e n a l l o t t e d a t t h a t t im e .
(V . 6 2 , p. 5 4 8 .)
Dividends.
Bonds, Etc.
On
p r e f e r r e d s t o c k i n 1 8 9 2 p a i d 1 p e r c e n t ; n o n e s in c e -
T ru s te o o f
fir s t m o r tg a g e . M e r c a n tile
T ru st Co
See
? 8 8 8 w e J ' i ^ V J i ' ? 8 2 ' 1,1 F e b r u a r >'' 1 8 9 2 , $ 4 0 0 ,0 0 0 f i v e p e r c e n t s o f
1 B Q - V i ' a - o r - 1- i u0 r
e q u ip m e n t a n d im p r o v e m e n t s .
O n J u ly 1
1 8 9 o , $ 1 8 .j,9 / o b ills p a y a b l e w e r e o u t s t a n d in g , a g s t . $ 2 4 4 ,9 4 0 in 1 8 9 4
RAT‘m v T f o - F e h '0o n
J u ly 1 t o F e b . 29.
' B'
\H j g S - g —
ir r o s s , * 1 ,2 8 2 ,0 0 5 ;
j 1 8 9 4 - 5 . . . . g r o s s , 1 ,0 9 2 ,8 0 2 ;
n e t , $ 5 0 4 ,0 8 8
n e t, 3 7 5 ’ 635
i n V ^ u ^ f i 17° R S n ftF ! f Cai1. y e a r e n d s J l m e 3 0 i r e p o r t f o r 1 8 9 4 9 5 w a s
! n y • b,l> P- 4 6 7 . .S o ft c o a l t o n n a g e m y e a r 1 8 9 4 -9 5 w a s 6 7 1 7 5 7 t o n s
1 8 9 !? - 9 ^ f s i j m t o n s . thB t 0 t a l t o u n a g e ; in
Tear ending June 3 0 .
1895.
A v ’ g e m il e s o f r o a d o p e r a t e d .
498 *
G r o s s e a r n i n g s ............................. $ 1 ,5 6 9 ,2 2 1
N e t e a r n in g s ( o v e r t a x e s ) ____
4 5 8 ,4 3 4
P e r c t. e x . t o e a r n i n g s ..............
(7 0 '7 8 >
T o t a l n e t r e c ’ t s (in o l. r e n t a l s )
4 7 3 ,1 8 5
I n t e r e s t , r e n t a ls , Ac...................
378 347
B a la n c e , s u r p lu s ..................
d
e
W
f
$ 9 4 ,8 3 8
f
1 8 9 3 -9 4 , 7 0 1 ,5 1 8 to n s ; in
1894.
498
$ 1 ,8 1 1 ,5 6 7
5 5 2 ,3 6 7
(6 9 -5 1 )
5 6 6 ,7 9 2
3 8 8 ,2 8 3
1893.
498
$ 1 ,9 4 2 ,5 6 4
5 0 9 ,0 3 6
(7 3 -7 9 )
5 2 3 ,3 1 7
3 9 2 ,6 8 6
$ 1 7 8 ,5 0 9
" $ 1 3 0 631
P r e s i-
^
M
l ' y
1
A0 ! I ^ r ^ W
2 0 1 ,0 0 0
? e X J a c k s o n v ille
to
M.
M.
M.
M
.
4ks t o 5 g.
4 g. M .
7
M.
A N . N . Y . , o f f ic e , 1 9 5 B ’ w a y .
A N . N . Y ., C e n tr a l T r u s t C o.
A S.
A S. N . Y . , o ffic e , i 9 5 B ’ w a y .
A S.
S ee rem a rk s.
A N , N . Y . , o f f ic e , 1 9 5 B ’ w a y .
N o v . 1, 1919
N o v . l , ’ 9 6 -’ 9 7
S e p t. 1, 1 9 0 9
S e p t. 1, 1 9 0 9
S e p t. 1, 1921
M a y 1, 1920
J . A D . N . Y . , M e r c a n t i l e T r . C o.
J . A D . N . Y . , C e n t r a l T r u s t C o.
t e x t . y e a r ly .
B o s to n .
6
F. A A.
6
J . A J.
See te x t.
5 g- J . A J . J u l y , ’ 9 3 , c o u p , l a s t p d .
A p r . 11, 1 8 9 2
J u n e 1, 1938
J u n e 1, 1 9 2 5
J u ly 10, 1 8 9 1
1897
J u ly 1, 1 9 1 0
Jan. 1, 1940
6 g5 g.
8 ,4 5 5 ,4 5 0
5 ,5 0 9 ,3 5 7
6 ,3 2 7 ,3 7 0
5 9 1 ,0 0 0
6 0 0 ,0 0 0 S e e
1 0 9 ,4 6 3
3 0 0 ,0 0 0
1 .3 8 0 .0 0 0
1 1 6 ,3 0 0
1 .5 6 6 .0 0 0
3 6 0 ,0 0 0
2 9 0 ,0 0 0
1 ,7 8 4 ,0 0 0
1 ,0 0 0
1 ,0 0 0
54
165
$ 7 ,9 5 4 ,0 0 0
2 4 9 ,4 8 4
3 ,0 0 0
7 ,0 5 1 ,0 0 0
2 ,6 9 2 ,5 0 0
1 ,0 0 0
100
100
1 ,0 0 0
1 ,0 0 0
100
....
503
Bonds— P r ln o J IN T E R E S T O R D IV ID E N D S .
p a l, W h e n D u e .
Am ount
R a te p er W h en
Where P a y a b l e , a n d b y Stocks— L a s t
O u t s t a n d in g
C e n t.
P a y a b le
W hom .
D iv id e n d .
5 g.
6 g.
6 g6 g.
6 g.
6
6
J.
M.
M.
M.
A
A
A
A
5 g.
4 1a A 6
5 g.
7
J.
J.
A.
J.
J.
A.
A
A
A
A
A
A
J. J a n . , ’ 9 5 , p a id J u l y , ’ 9 5. J a n . 1, 1 9 1 4
8 . M a r .. ’ 9 4 , c o u p , l a s t p d . J a n . 1 , 1 9 0 0
S. 8 e p t . , ’ 9 4 , c o u p , l a s t p d . S e p t . 1 , 1 9 1 0
S.
N o c o u p o n s p a id .
1940
N Y . . M e r ’ t i l e T r u s t C o . $ 4 , 0 0 0 s e m i- a .
J. N .Y .M e t r o p o lit a n T r u s t J u ly 1, 1 9 3 9
J. P h ila ., F id e lit y T r . C o.
J an . 1, 1927
0.
N .Y ., E r ie R R .
Jan . 1, 1909
J . N . Y . , F a r m . L . A T r . C o. J u l y 1 0 , 1 9 0 7
J . P h i l a . , 2 3 3 S o . 4 t h S t.
J u ly 1, 1 9 0 7
0.
do
do
A p r . 1, 1 9 0 0
A.
J.
A.
J.
A
A
A
A
O. N . Y . , C e n t r a l T r . C o .
J. B o s t o n .M a s s .L o a n A T r .
O.
do
do
J . B o s t o n , O f . , 5 0 S t a t e S t.
4*2
6
4 g.
6 g6
6
A p r.
J u ly
J u ly
J u ly
1, 1990
1, 1 9 1 3
1, 1 9 1 3
1, 1 9 1 6
J a c k s o n v i l l e St. A u g . Sc I n d . R i v e r . —See F l a . E. C oast R t .
J a c k s o n v i l l e T a m p a Sc K e y
W e s t . —L i n e o f r o a d J a c k s o n ;
v U le , F l a . , t o S a n f o r d , 1 2 5 m i l e s : E n t e r p r i s e
b ran oh , 4
m il e s
D e l a n d b r a n c h , 6 m i l e s ; A t l a n t i c C o a s t S t J o h n s Sc I n d i a n R i v e r
E n t e r p r i s e t o T i t u s v i l l e , 3 7 m ile s ; S a n f o r d A L a k e E u s t i s D i v . , S a n f o r d
t o T a v a r e s , 2 9 m i l e s ; t o t a l J . T . A K . W . , 2 0 0 m ile s .
R e c e iv e r s h ip , E tc .—R e c e i v e r a p p o i n t e d A u g . 4, 1892. R e c e i v e r s
a r e n o w J o s e p h H . D u r k e e a n d R . B . C a b le . T h e l a n d g r a n t w a s a b o u t
1 ,5 0 0 ,0 0 0 a c r e s . T h e Florida Southern c o l l a t e r a l lo a n ( s e r i e s A a n d
B , $ 3 ,6 7 3 ,0 0 0 ) w e n t t o d e f a u l t a n d t h e c o l l a t e r a l w a s s o ld b y t h e
t r u s t e e F e b . 2 8 , 1 8 9 5 , t h e r o a d [2 4 7 m i l e s ] b e i n g n o w o p e r a t e d i n t h e
P la n t s y s te m .
S ee S a v a n n a h F lo r id a A W e s te rn .
Sa l e .—F o r e c l o s u r e s a le u n d e r o o n s o l. m o r t g a g e o f 1890 h a s been
p o s t p o n e d t i l l M a y 4 , 1896. C o n s o is f o r o n l y $1,376,500 a r e r e c o g
n iz e d a s v a lid .
(S e e V. 62, p . 683.) R e c e iv e r s ’ C e r t if ic a t e s t o t h e
t o t a l a m o u n t o f $215,000 h a v e b e e n a u t h o r i z e d .
C u rren t lia b ilitie s
J u n e 30, 1894, $101,306.
F irst Mortgage Bondholders’ Committee, Etc.—W i n t h r o p S m i t h C h a ir m a n , 5 1 7 C h e s t n u t S t., P h i l a . ; H . A . D u P o n t , A l f r e d S . E l l i o t t
H en ry N
P a u l.
O v e r f o u r f i f t h s o f t h e firsts h a d b e e n d e p o s i t e d i n
A p r i l , 1 8 9 6 — s e e V . 6 2 , p . 6 8 3 . T h e fir s t m o r t g a g e I n t e le s t d u e J a n .,
1 8 9 5 , w a s p a i d i n J u l y , 1 8 9 5 , a t M e r c a n t i l e T r u s t C o ., N e w Y o r k .
C o n s o ls a r e r e p r e s e n t e d b y S im p s o n , T h a t c h e r A B a r n u m , N e w Y o r k .
8tock—S t o c k J u l y 1 , 1 8 9 2 , w a s $ 3 , 0 1 0 ,0 0 0 , o f w h i c h
t h e F l o r i d a C o n s t r u c t i o n C o . o w n s $ 2 ,7 1 5 ,3 0 0 .
It
is
s a id
E a r n in g s .— 2 m o n t h s , ) 1 8 9 6 ...................g r o s s , $ 5 9 , 2 0 1 ;
n e t,
$153
J an . 1 to F e b . 29.
) 1 8 9 5 ...................g r o s s ,
1 1 9 ,6 6 0 ;
n e t , 3 1 ,1 1 2 .
F o r y e a r e n d i n g D e c . 3 1 , 1 8 9 5 , g r o s s , $ 3 8 7 ,4 6 8 ; n e t , $ 2 9 ,7 9 2 ,
.
A n n u a l R e p o r t .—E a r n i n g s f o r
nrt.
Gross.
Net.
1 8 9 3 -9 4 ....
7 6 6 ,3 2 8
$ 2 0 0 .4 2 8
2 6 3 ,1 3 7
Other inc.
31:
*Charges.
$ 1 ,7 7 8
1 ,2 4 8
$ 2 3 0 ,2 7 1
2 9 4 ,7 5 7
y e a r e n d in g M a r c h
Balance d e f, $ 2 8 ,0 6 5
d e f. 3 0 ,3 7 2
* C h a r g e s i n o l u d e t a x e s a n d accrued i n t e r e s t f o r y e a r ; f o r d e t a i l s o f
b y r e c e iv e r s ee V . 61, p. 194.
- (J - „ 5 7 ' I’ - 2 1 7 - 3 4 1 ; V . 5 8 , p . 1 2 7 ; V . 5 9 , p . 2 7 , 4 2 3 , 1 0 0 7 ; V . 6 0 , p .
1 7 7 , 2 1 9 , 3 9 1 , 6 0 6 , 1 1 4 5 ; V . 6 1 , p . 1 9 4 , 8 7 1 ; V . 6 2 , p . 4 0 , 3 6 4 , 4 1 4 , 6 8 3 .>
payments
. l a c k s o n y i l l e T e r m i n a l R y , - O w n s u n io n f r e i g h t a n d p a s s e n
g e r d e p o ts [th e la t t e r o p e n e d F e b . 1 ,1 8 9 5 ,] a n d t e r m in a l p r o p e r t ie s a t
J a c k s o n v ille , F la ., in c lu d in g 2 0 m ile s o f tr a c k , u s e d b y S a v a n n a h )
F lo r id a A W e s te r n , F lo r id a C e n t r a l A P e n in s u la r a n d J a c k s o n v ille S t.
A u g u s t in e & In d ia n R i v e r (n o w F lo r id a E a s t C o a s t R y . ) , w h ic h c o m p a m e s g u a r a n te e b y e n d o r s e m e n t th e p r in c ip a l a n d in t e r e s t o f a b o v e
b o n d s . P r o p e r t y is a l s o u s e d b y J a c k s o n v i l l e T a m p a A K e y W e s t .
J e f l e r s o n . — O w n s f r o m L a n e s b o r o , P a . , t o C a r b o n d a le , P a . , 3 7
m il e s d o u b l e t r a c k ;
b ra n o h , H a w le y , P a ., t o
H o n e s d a le , P a ., 8
m ile s . L e a s e d i n p e r p e t u i t y t o t h e E r i e R R . C o . f o r $ 1 4 0 ,0 0 0 p e r
a n n u m f o r m a i n l i n e a n d $ 1 4 ,9 4 0 f o r b r a n o h . U s e d b y D e l a w a r e A H u d
s o n t o r e a c h C a r b o n d a le .
S t o c k , $ 2 ,0 9 6 ,0 5 0 ; a l l o w n e d b y E r i e R R .
J o l i e t & N o r t h e r n I n d i a n a . —O w n s f r o m J o l i e t , H I ., t o Lake
s t a t i o n , I n d . , 4 o m ile s . O p e r a t e d a s p a r t o f t h e M i c h i g a n C e n t r a l s y s / «? n n
1 8 5 4 a ?.d 1? a s ®d t o t h e M i c h i g a n C e n t r a l.
($ 3 0 0 ,0 0 0 , p a r $ 1 0 0 ) c a r r ie s d i v i d e n d s o f 8 p e r c e n t p e r a n n u m .
S to o k
„
( P H l l a d e l p l i l a ) . — O w n s f r o m B e l m o n t , P a „ t o G r a y 's
f t " / « )o u £ 4 ,™ lle 8 - I t c o n n e c t s t h e P e n n s y l v a n i a , t h e P h i t e d e l ?.n 5
P h ila d e lp h ia W ilm in g t o n A B a lt im o r e r a ilr o a d s ,
, a d e l p H.u?’
t h r e e c o m p a n ie s j o in t ly g u a r a n t e e
p r i n c i p a l a n a i n t e r e s t o f b o n d s . S t o c k $ 2 5 0 ,0 0 0 ( p a r $ 5 0 ), i s a l l h e l d b y
a n d P a y s d iv id e n d s o f fr o m 2 0 t o 5 0 p e r c e n t p e r a n n u ii
— m 1 8 9 1 4 0 p . c ., i n 1 8 9 2 3 5 p . e ., in 1 8 9 3 3 0 p . c.; i n 1 8 9 4 , 1 5 p . e.
^ M ic h ig a n - —(SeeMap Toledo <t Ohio Central. ) — O w n s
0 u ,,t l ‘ e O i e s A O h io , 1 7 2 m i l e s , le s s 1 7 m i l e s ,
P o m e r o y t o G a U ip o lis , a n d 1 m i l e , A t h e n s t o A r m i t a g e , w h e r e C . H . V .
g\ 1so o w n s „ b r a n c h o f 1 1 m i l e s l e a s e d t o T o l e d o A
O h io C e n t r a l a n d C o l. S h a w n e e & H o c k i n g R y .
E T C - - R e o r g a n iz a t io n in A p r il, 1 8 9 0 , o f th e K a n a w h a A
O h io R a i l w a y s o ld i n f o r e c l o s u r e .
(V . 5 0 , p . 4 5 1 , 4 8 3 .) I n O c t 1 8 9 0
T n W ln 6 £ ^ S L £ ! 5 8tof t ,w ,a s a c q u i r e d b y p a r t i e s i n t e r e s t e d i n t h e
t b / e d e * O h io C e n t r a l, w h ic h h a s g u a r a n t e e d t h e b o n d s , p r i n c i p a l a n d
In t e r e s t .
(S e e V . 5 2 , p . 1 6 5 . 3 o l . )
T h e fir s t m o r t ^ a ^ e b o n d s .ir e
a u t h o r i z e d a t $ 1 5 ,0 0 0 p e r m i l e o f r o a d a c t u a l l y c o n s t r u c t e d .
L atest E arnings—8 months,
J u l y 1 to F e b . 2 9 .
A
nn
UAL St a t k m
ent
1 8 9 5 -6 , g r o s s , $ 3 2 0 ,2 1 9 ;
1 8 9 4 -5 , g r o s s , 2 6 9 ,5 9 8 ;
.— F i s c a l y e a r e n d s J u n e
30.
n e t, $ 7 8 ,3 0 8
n e t , 7 4 ,2 5 2
I n y e a r 1 8 9 4 -9 5
e tc 8
1
2 7 4 -5i ; X n ^ 8 H,8«81> 0 |h e r i n c o m e - $ 1 2 ,8 0 0 ; i n t e r e s t , r e n t a ls , ”
e t c ., $ 1 1 3 ,2 7 4 , b a la n c e , d e f i c i t , l o r y e a r , $ 1 6 ,5 8 6 . I n 1 8 9 3 - 9 4 g r o s s
i n c l u d i n g o t h e r i n c o m e , $ 3 6 6 ,3 5 6 .
( V . 5 7 , p. 2 2 , 6 2 .)
’
m ile s .
C i t y B e l t . — F r o m A r g e n t in e t o V a l l e y o f B lu e R iv e r 1 0
M o r t g a g e Is f o r $ 2 ,5 0 0 ,0 0 0 .' S t o o k a u t h o r i z e d $ 2 ,5 0 0 ,0 0 0 ( p a r
RAILROAD STOCKS AND BONDS,
APRIL, 1896.]
77
3ngtoo“
Gi&t&C
C o lu m b li
'T ip to n
S -P a o h ij
S to L o u is '
Anioret
JEFFERSO N
C IT Y
,
WOnLAHtf*
B a y n e li
H orton y v
[HU M E/b*• P o l l i i
M u rm resb oi
B is m a r c k
i ron ton l
Grore ^
.MAr&hfte*«3
^ ^ S p r in g f ie ld
Piedm ont
as****
J%f©eCyE S tiS
\
CharR
D exter
,/iNCOSHO
Z//V-
5 - M alden
' ^t JXa n*|fAn.
£»WKeUs4g©
<FM T1
5ULPH
S I LO AM
S P R S .J
S t illw e ll!
PO TtA U l
Met Spring*
rMihvitmt
ArkmMphlz,
mrnhi
{*
Kwh
t U fe
$0 * 7 1 0 0
ffo tin ff
T c x *m t*l
X lJ lW W K ttt
^
ilf& ttr
M m *a
M W
>cK SO N
C vCPO RT
W in fie ld
Mmk
M AP OF THE
KANSAS CITY, PITTSBURG
A N D
tousie
G U L F RAILROAD
R eckku d
K ewtoto
Covington
Beasraortl
INVESTORS’ SUPPLEMENT.
78
[V ol . L X II.
S u b s c rib 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 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 .
R A IL R O A D 8.
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , <fcc., s e e n o t e s
o n f ir s t p a g e o f t a b le s .
Kansas City Clinton <1 Spring.—1 s t
174
M ., g ., g u a r . . c *
P l e a s a n t H i l l <fc D e S o t o 1 s t m o r t g a g e , g o l d ..........
B onds— P r in o 1
IN T E R E S T O R D IV ID E N D S .
p a l, W h e n D u e .
Am ount
W hen
W h e re P a y a b le , a n d b y
S lo c k s — L a s t
R a te p er
O u ts ta n d in g
P a y a b le
W hom .
D iv id e n d .
C e n t.
S iz e , o r
D a te
M ile s
Par
of
of
R o a d . B o n d s V a lu e .
$ 1 ,0 0 0
500
1885
1877
Kansas City Ft. Scott ct Memphis—S t o c k .......................
100
100
K . C. K 8 . & G . 1 s t M ., I’ d . g r „ s . f., d r 'n a t H O . o *
F t . S c o t t S o ’ e a s t e r n & M .. 1 st M ., d r ’ w n a t 1 0 5 . c*
R i c h I l l i l R R . 1 s t M ., d r a w n a t 1 0 5 ........................e*
S h o r t C r e e k & J o p l i n 1 s t M ., d r a w n a t 1 0 5 ........c*
M e m p h is K . A C o l. 1 s t M . ( s e e t e x t ) ...... ............... o*
K a n s a s A M is s o u r i R R . 1 s t m o r t g a g e ___
C o n s o l, m o r t g a g e ($ 2 5 ,0 0 0 p e r m ir e ) n o t d r ’ n . . c *
C u r r e n t R i v . R R . 1 s t m o r t . , $ 2 0 ,0 0 0 p . m ., g u a r .
K a n . ( ’ .«& M . R ’ y A B ’ d g e l s t M . g . , e . f . , d r ’ n a t l lO .c *
K a n s a s E q u ip . C o . 1 s t id . g u a r ., s. f , , r e d . a t 1 1 0 .
Kan. C. Memph, 2 ?ir.— G e n . M . , $ 4 ,5 0 0 ,0 0 0 , o u r . c *
B ir m in g h a m e q u ip m e n t M . , g . , g u . (r e d . a t 1 1 0 ). .o *
M e m p h is E q u i p m e n t C o ., g u a r ., r e d . a t 1 1 0 ........ c*
Kan. City Northwestern—M o r t . , g o ld . S e e t e x t . . c *
K. C. & 6 m.— 1st M . ($ 1 5 ,0 0 0 p . m .) g ., in t . g u .c *«fc r
Ka nsas C ity i f Pacific—1 s t M ., g o ld , i n t . g u . ( e n d . ) . o '
Kan. C. Pitts. it Gulf.—1 s t m o r t . , g o ld , in c . 4 y r s . c ’
K.O. St. Jo.tt Coun.Bl.— C o n . M . (N o s . 1 t o 5 0 0 p f . ) c *
1 s t M s . N o d . a n d T a r k . V a l. R R s . s. f . ( d r . a t l ( J 0 ) .c *
1 s t m o r t g a g e , g o l d ............................................................ c
C o n s o l. T e r m i n a l R y . o f K . C ., 1 s t M ., g o l d ........o *
U n io n T e r . R R . C o . 1 s t M . ($ 2 ,0 0 0 ,0 0 0 ) g . g u a r . c *
K a n s a s C i t v <fc I n d e p . A i r L i n e 1 s t M ., g o ld ..c < fe r
K a n s a s C i t y <fc I . A . L . 2 d m o r t g a g e ($ 2 0 0 ,0 0 0 ) .
160
103
28
1 0 0 & c.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1879
1880
1880
1880
1884
1882
1888
1887
1889
1889
1894
1894
1888
1890
1894
1887
1890
1893
1877
1880
1893
22
50
26
671
81
196
125
274
61
500 & c.
5 0 0 & c.
1 ,0 0 0
1 ,0 0 0
500
500
1 ,0 0 0
1 ,0 0 0
1 0 0 & c.
1 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1890
1892
1893
1892
1893
30
10
5 is
5%
& c.
<feo.
1 .0 0 0
$ 1 0 0 ); o u t s t a n d in g $ 1 0 0 ,0 0 0 ( p a r $ 1 0 0 ) ; o w n e d o n e - h a lf b y A t c l i i s o n
T o p e k a A S a n ta F e a n d th re e -te n th s b y K a n s a s C ity F o r t S c o tt & M e m
p h is a n d t w o - t e n t h s b y C h ic a g o M i l w a u k e e & S t. P a u l. D o u b le - t r a c k e d
a n d u s e d f o r a t e r m i n a l r o a d a t K a n s a s C i t y . T h e m o r t g a g e is f o r $ 2 ,5 0 0 ,0 0 0 .
Earnings.—F o r y e a r e n d i n g D e c . 3 1 , 1 8 9 5 , g r o s s , $ 2 2 7 ,0 5 8 ;
n e t . $ 1 3 8 ,3 2 5 ; i n t e r e s t , $ 1 1 8 ,8 0 0 . Y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , g r o s s ,
$ 2 3 8 ,7 4 1 ; n e t , $ 1 4 9 ,1 3 2 ; c h a r g e s , $ 1 2 7 ,9 0 9 ; b a la n c e , s u r p lu s , $ 2 i , 2 2 3
$ 3 , 1 9 2 ,0 0 0
5 g5 8 ,0 0 0
7 g.
9 , 9 9 7 ,0 0 0 S e e t e x t .
2 ,7 5 0 ,0 0 0 S e e t e x t .
2 ,1 9 7 ,0 0 0
7
5 7 1 ,0 0 0
7
5 7 ,0 0 0
7
9 4 ,0 0 0
7
4 9 2 ,0 0 0
7
3 9 0 ,0 0 0
5
1 2 ,3 3 4 ,0 0 0
6
1 ,6 0 6 ,0 0 0
5
3 ,0 0 0 ,0 0 0
5 g.
7 6 1 ,0 0 0
5
3 ,1 6 8 ,6 3 0 S e e t e x t .
6 ,3 3 7 ,2 6 0
5
1 ,0 0 0 , 0 0 0
6 g.
1 8 9 ,0 0 0
6
See te x t.
5 g.
2 , 7 1 3 ,0 0 0
5 g
2 ,5 0 0 .0 0 0
4 g.
9 ,0 2 5 ,0 0 0
o g.
5 ,0 0 0 ,0 0 0
7
5 0 3 ,0 0 0
7
4 8 0 ,0 0 0
4 .7 5 0 ,0 0 0
1 ,0 0 0 ,0 0 0
6 g.
7 5 0 ,0 0 0
5 g.
1 ,3 0 0 ,0 0 0
5 g.
3 0 0 ,0 0 0
5 g’ (»>
A.
A.
F.
F.
J.
M.
M.
M.
M.
F.
M.
A.
A.
&
&
&
&
&
&
&
&
O.
0.
A.
A.
D.
S.
S.
S.
S.
<fe A .
& N.
& O.
B o s to n , M e rc h . N a t. B k .
do
do
B o s t o n , O f . , 5 0 S t a t e S t.
do
do
B o s t., N a t . W e b s t e r B k .
do
do
do
do
do
do
do
do
do
do
B o a t ., N a t . W e b s t e r B k .
B o s to n , N a t. U n io n B k .
& 0. N . Y . , U n . T r . C o . & B o s t .
J. & J. B o a t ., N a t . W e b s t e r B k .
M . & S. B o s t o n , O l d C o l. T r . C o .
M.
F.
J.
J.
F.
A.
J.
J.
J.
& S. B o s t o n , O l d C o l ’ n y T r . C o
& A.
B o s t o n O ffic e .
A J.
N e w Y ork .
& J. J u ly , ’ 9 3 . c o u p , la s t p d .
& A . N . Y . . O ffic e , 4 5 W a l l S t.
& 0.
S ee te x t.
& J. B o s t o n , 2 d N a t ’ l B a n k .
& D.
do
do
& J.
J . & D . P h i l a . , U n i o n T r u s t C o.
F. & A . P h i l a . o f . , 4 0 0 C h e s t n u t
F. & A.
do
do
M . & S. P h i l . , P r o v . L i f e & T r u s t
St o c k .—Stock authorized and outstanding $3,500,000;
O c t. 1 , 1 9 2 5
O c t., 1 9 0 7
F eb . 16, 1891
F e b . 15, 1 8 9 3
J u n e 1, 1 9 0 8
S e p t . 1, 1 9 1 0
S e p t . 1, 1 9 1 0
S e p t . 1, 1 9 1 0
S e p t. 1, 1 9 1 0
A u g . 1, 1 9 2 2
M a y 1, 1 9 2 8
O c t. 1, 1 9 2 7
O c t . 1, 1 9 2 9
J a n . 1, 1 9 0 5
M c h . 1, 1 9 3 4
M c h . 1, 1 9 3 4
M c h . 1, 19 0 3
A u g . 1, 1 9 0 5
J a n . 1, 1 9 3 3
J a n . 1, 1 9 2 7
A u g . 1, 1990
A p r . 1, 1 9 2 3
J a n . 1, 1 9 0 7
J u n e 1, 1 9 2 0
J a n ., 1 9 0 7
June
Feb.
Feh.
M ch.
par
1, 1 9 2 0
1, 192 2
1, 1923
1, 1 9 2 2
$100.
B o n d s .— M o r t g a g e f o r $ 3 , 5 0 0 , 0 0 0 ( M e r c a n t i l e T r u s t C o ., N . Y . ,
t r u s t e e ) is s u e d i n J u l y , 1 8 9 4 . O f t h e b o n d s , $ 9 0 0 , 0 0 0 a r e s e r i e s “ A , ”
“ p r e fe r r e d ” a s t o p r in c ip a l a n d in t e r e s t , a n d a r e r e d e e m a b le a ft e r 5
y e a r s a t 1 0 5 ; p r o c e e d s w e r e u s e d t o p a y p u r c h a s e p r ic e , e tc . B a l
a n c e o f is s u e f o r b e t t e r m e n t s . R o a d b e l o n g s t o M o . P a c . V . 5 9 , p . 1 5 2 .
K a n s a s C it y C lin t o n Sc S p r in g fie ld . —O w n s f r o m C e d a r J u n c
t i o n , K a n v t o A s h G r o v e , M o ., 1 0 4 m ile s , a n d b r a n c h t o P l e a s a n t H i l l ,
M o ., 1 0 m i l e s ; t o t a l , 1 7 4 m ile s , b u t o n l y 1 6 3 m ile s o p e r a t e d .
E arnings.—I n y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , o n 1 5 3 m il e s ( K . C. & B .
n o t b e i n g i n c l u d e d ) w e r e g r o s s , $ 2 6 4 , 7 9 6 ; n e t . $ 2 7 , 2 8 6 ; o t h e r in c o m e ,
$ 3 ,1 4 9 ; c h a r g e s , $ 6 5 , 9 9 6 ; b a l a n c e , d e f i c i t , $ 3 5 ,5 6 1 . I n 1 8 9 3 - 4 g r o s s ,
$ 3 5 1 ,1 2 9 ; n e t , $ 5 8 ,6 9 3 . I n 1 8 9 3 - 9 4 g r o s s , $ 3 0 8 , 9 4 5 ; n e t , $ 1 0 ,1 1 7 .
Stocks, Etc.—B u i l t i n i n t e r e s t o f K a n s a s C i t y F o r t S c o t t & M e m p h is
R R . , w h ic h g u a r a n t e e s t h e b o n d s . S t o c k a u t h o r iz e d , $ 2 ,5 0 0 ,0 0 0 ; p a r ,
$ 1 0 0 ; is s u e d , $ 1 ,7 7 5 ,4 0 0 , o f w h ic h o n e - h a l f is o w n e d b y t h e K a n s a s
C i t y F o r t S c o t t & M e m p h is R R . ; d u e t h a t C o . J u l y 1 ,1 8 9 5 , $ 4 5 5 ,0 0 0 .
K a n s a s C it y Sc O m a l i a R R . — O w n s r o a d f r o m S t r o u d s b u r g t o
A lm a , N e b ., 1 5 0 m ile s , a n d M c C o o l J u n c t io n t o K . C. & O m a h a J u n c
t io n , 4 4 m ile s ; t o t a l, 1 9 4 m ile s .
R o a d o p e n e d in 1 8 8 7 .
A nnual R eport.—F i s c a l 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 4 -5 in
Y . 6 1 , p . 1 0 1 0 , s h o w e d g r o s s e a r n in g s , $ 4 1 4 , 3 2 8 ; n e t , $ 1 7 5 , 1 8 5 ; in
t e r e s t , $ 1 6 3 , 5 9 7 ; b a la n c e , s u r p lu s , $ 1 1 ,5 8 8 . I n 1 8 9 3 - 9 4 g r o s s , $ 3 3 8 ,5 2 9 ; n e t , $ 1 2 9 ,1 0 2 .— (V . 5 9 , p . 8 7 8 ; V . 6 1 , p . 1 0 1 0 .
K a n * a * C it y F o r t S c o tt Sc M e m p h is . —O w n s m a in l i n e f r o m
K a n s a s C it y , M o . , t o M e m p h is , T e n n . , 4 8 5 m ile s , w i t h b r a n c h e s , 1 8 6
m ile s ; t o t a l o w n e d , 6 7 1 m i l e s ; C u r r e n t R i v e r R R . , W i l l o w S p r in g s , M o .,
t o G r a n d t n , 8 1 m .; A u r o r a D i v i s i o n ( a c q u i r e d i n J u n e , 1 8 9 5 ), 3 5 m i l e s ;
t o t a l , 7 8 7 m ile s . O w n s o n e - h a l f c a p i t a l s t o c k o f K . C . C lin t o n & S p r in g f i e l d a n d o f K . C. M e m p h i s & B i r m i n g h a m R R . (s e e t h o s e c o m p a n ie s .;
a ls o 3 0 0 s h a r e s K a n . C i t y B e l t a n d $ 9 4 2 ,0 0 0 C u r r e n t R i v e r .
Organization.—F o r m e d in A p r i l , 1 8 8 8 , b y c o n s o l i d a t i o n o f t h e K a n .
C . F t . S c o t t & G u l f a n d K a n s a s C i t y S p r i n g f i e l d & M e m p h is r a ilr o a d s .
Dividends.—O n
( y e a r, 1886, 1887, 1888, 1889, 1890, 1891,
4,
4 *2 ,
3 *2 ,
3,
3^,
1,
1881, 1882 to 1890, 1891, 1892, 1893,
8 *2 ,
8 , y e a r ly .
4,
8,
5,
c o m m o n s in c e '8 5 , ( p . o.,
On
s in c e
-preferred ( y e a r ,
1880,
\ p . c .,
none
s in c e .
none
s in c e .
Bonds.—U n d e r t h e consolidated mortgage ( t r u s t e e N e w E n g l a n d T r u s t
C o m p a n y o f B o s t o n ) s u ffic ie n t b o n d s a r e r e s e r v e d t o p r o v i d e f o r a ll
p r io r b o n d s w h e n d u e.
L atest Earnings.— I n c l u d i n g K . C . C . & S . a n d C u r r e n t R i v e r . F r o m
J u lj 1 to F e b . 2 9 , 8 m o n th s :
8 months—
Gross.
Net.
Charges.
Bal.,surp.
1 8 9 5 - 6 ........$ 3 ,1 7 0 ,6 3 0
$ 9 7 9 ,9 9 1
$ 9 2 0 ,1 4 5
$ 5 9 ,8 4 6
1 8 9 4 - 5 ........
3 ,1 0 8 ,8 2 8
9 6 7 ,9 3 1
8 8 8 ,6 1 1
7 9 ,3 2 0
G e n e r al F inances .—On J u n e 30,1895, b i l l s p a y a b l e w e r e $954,905,
b u t s in c e t h a t d a t e t o N o v e m b e r , $545,000 o f t h e s e h a d b e e n p r o v i d e d
f o r b y s a le o f c o n s o l. 6 s. K . C . F t . S. & G u l f t e n - y e a r n o t e s f o r $320,000 feU d u e in D e c e m b e r , 1895, a n d J a n u a r y a n d F e b r u a r y , 1896.
A n n u a l R eport.—F i s c a l 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 4 -9 5
w a s in V . 6 1 , p . 8 6 8 . T h e e a r n i n g s b e l o w a r e o n 6 7 1 m i l e s o w n e d .
Year end, June 3 0 .
1895.
G r o s s e a r n i n g s ..............$ 3 ,9 8 5 ,6 3 5
1894.
$ 4 ,4 0 6 ,7 4 0
1893.
$ 5 ,1 1 1 ,1 5 2
1892.
$ 4 ,9 9 1 ,2 7 8
N e t e a r n i n g s .................. $ 1 ,1 9 1 ,4 8 9
I n t e r e s t a n d m i s c e l l . . 1 ,0 9 9 ,2 7 8
$ 1 ,2 6 9 ,1 8 7
1 ,1 2 5 ,8 4 1
$ 1 ,3 0 8 ,2 1 7
1 ,1 0 4 ,6 0 6
$ 1 ,3 5 6 ,6 0 3
1 ,1 1 1 ,6 4 4
$143,346
$203,611
137,490
$244,959
219,984
Surplus..................
$92,211
D i v i d e n d s p a i d ........... .
..............
B a l. o v e r d iv id e n d ..
$ 9 2 ,2 1 1
..............
$ 1 4 3 ,3 4 6
$ 6 6 ,1 2 1
$ 2 4 ,9 7 5
D e f i c i t s p a id o n C u r r e n t R i v e r R R . a n d K a n s a s C i t y C li n t o n & S p r in g f i e l d P .R . I n 1 8 9 2 -9 3 $ 5 3 ,5 9 6 ; i n 1 8 9 3 - 9 4 $ 7 5 ,1 1 3 . ( V . 5 9 , p . 8 7 7 ; V .
60, p. 301; V . 61, p. 27, 279, 8 6 8 .)
K a n s a s C i t y M e m p h is Sc B i r m i i i g h a m . —O w n s f r o m M e m p h is
t o B ir m in g h a m , A l a . , 2 5 3 m ile s , a n d b r a n c h e s t o A b e r d e e n , M is s ., a n d
B e s s e m e r , A l a . , 2 3 m ile s ; t o t a l , 2 7 7 m i l e s ; c o m p l e t e d i n O c t o b e r , 1 8 8 7 .
STOCK, T r a f f i c G u a r a n t y , E t c .— T h e s t o c k is $ 5 ,9 5 6 ,0 0 0 ; p a r , $ 1 0 0 .
T h e K a n s a s C ity
tr a ffic g u a ra n te e
t o a n d f r o m t h is
w a s r e o r g a n iz e d
F o r t S c o t t & M e m p h is o w n s h a l f t h e s t o c k a n d g i v e s a
o f 1 0 p e r c e n t o f g r o s s e a r n i n g s d e r i v e d f r o m b u s in e s s
r o a d , t o b e a p p l i e d t o in t e r e s t . I n 1 8 9 4 t h e c o m p a n y
u n d e r p l a n o f D e c e m b e r , 1 8 9 3 .— (S e e V . 5 7 , p . 9 3 8 .)
B o n d s — T h e g e n e r a l m o r t g a g e b o n d s a r e d a te d M a r c h 1, 1 8 9 4 , w it h
I n t e r e s t a t 2 p . c. I n 1 8 9 4 - 5 ; 3 p . c. 2 d y e a r (1 8 9 5 - 6 ); a n d 4 p . c. t h e r e
a f t e r ; K e p t. ’ 9 5 a n d N o v . ’ 9 6 , c o u p o n s e a c h 1 ^ p. o . O v e r 9 5 p e r c e n t
o f th e o ld b o n d s a s s e n te d .
L atest Earnings.—F r o m
8 months.
1 8 9 5 - 6 ..................
1 8 9 4 - 5 .................
annual
Year.
G ross.
$ 8 6 6 ,8 ;> 5
7 2 2 ,3 5 4
R eport.—R e p o r t
Gross.
J u ly
1 to F e b . 29 (8 m o n t h s ):
NeL
Charges.
$ 1 9 2 ,1 5 7
1 4 5 ,1 8 5
$ 1 1 0 ,9 3 7
8 9 ,8 3 1
Balance.
s u r.
su r.
$ 8 1 ,2 2 0
5 5 ,3 5 4
f o r 1 3 9 4 -9 5 w a s i n V . 6 1 , p . 9 2 3 .
Net.
Other Inc.
Interest,
Bal. Sur.
1 8 9 4 - 5 ........$ 1 ,0 3 5 ,6 0 5
$ 1 6 3 ,0 2 7
$ 2 4 ,6 6 0
$ 1 4 5 ,3 1 4
1 8 9 3 - 4 ........ 1 ,0 7 7 ,8 4 7
1 8 2 ,0 4 0
3 0 ,7 9 3
133 2 12
- ( V . 5 8 , p .7 1 6 ; V . 5 9 , p. 2 9 1 ; V . 60, p . 3 0 2 ; V . 61, p . 9 2 3 .
$42 373
79 621
K a u ? a * C ity N o r t h w e s t e r n
R R . — R o a d K a n s a s C ity to V i r
g i n i a , N e b . , 1 6 2 m ile s , o f w h ic h S e n e c a t o A x t e U , 1 1 m ile s , a n d S o u t h
L e a v e n w o r t h t o L e a v e n w o r t h , 1 m ile , a r e t r a c k a g e , a n d 2 0 m ile s
B u m m e r t ie ld t o V i r g i n i a , a r e o w n e d b y K a n s a s C i t y & B e a t r i c e , w h i c h
w a s f o r e c l o s e d in M a y , 1 8 9 4 . B r a n c h e s , 1 2 m ile s . T o t a l , 1 7 4 m ile s
A
r e o r g a n i z a t i o n o f t h e K . C. W y a n d o t t e & N . W . , f o r e c l o s e d J a n 5 1 8 9 4
Receivership.—I n O c t o b e r , 1 8 9 3 , r e c e i v e r s w e r e a p p o i n t e d , a n d o n
a p p lic a t io n o f fir s t m o r t g a g e b o n d h o ld e r s , M e s s r s . C la r k , M in k , A n d e r
s o n a n d C o u d e r t (r e c e iv e r s o f U n io n P a c ific ) 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 f o r K . C. & O . in O c t o b e r , 1 8 9 5 .
( Y . 6 1 , o. 6 6 2 .) D e c r e e o f
fo r e c lo s u r e w a s g r a n t e d in M a r c h , 1 8 9 6 .
(V . 6 2 , p . 5 0 2 .)
Sto c k an d B onds .—T h e U n i o n P a c i f i c o w n s $1,595,500 b o n d s a n d
$1,725,375 o f t h e $4,410,000 s t o c k a n d S t. J o s e p h & G r a n d I s l a n d o w n s
$1,822,500 s t o c k . C o u p o n s d u e J a n . 1, 1894, w e r e n o t p a id . B o n d
h o ld e r s ’ c o m m it t e e ; F . P . O lc o t t , E . C. B e n e d ic t , S im o n W o r m s e r
S. L . P a r r i s h ; d e p o s i t o r y , C e n t r a l T r u s t C o ., N . Y .
E arnings
1 month,
and
51896.................... gross,
$ 8 , 9 7 2 ; net,
$328
J a n . 1 to J an . 31.
( 1 8 9 5 .......................... g r o s s , 6 , 4 4 6 ; d e f . , 1 ,2 2 5
F o r y e a r 1 8 9 5 g r o s s , $ 7 5 ,4 1 5 ; d e f i c i t u n d e r o p e r a t i n g $ 2 8 ,3 7 0 . I n
1 8 9 4 . g r o s s , $ 1 1 2 ,0 4 9 ; d e f i c i t , $ 2 4 ,7 6 7 .
(Y . 58, p. 1072 ; V . 60, p. 43,
4 4 , 1 0 0 9 ; V . 6 1 , p . 6 6 2 ; V . 6 2 , p . 5 0 2 .)
K a n s a s C it y P it t s b u r g : Sc G u l f R R . - ^ c e M ap.)—P r o j e c t e d
f r o m K a n s a s C i t y t o S a b i n e P a s s o n G u l f o f M e x i c o , 7 6 9 m ile s . I n o p e r
a t io n J a n u a r y , 1 8 9 6 , K a n s a s C it y to S a llis la w , I n d ia n T e r ., 2 9 1 m ile s ,
a n d H o r a t io t o T e x a r k a n a , 4 8 m i l e s ; t o t a l, 3 3 9 m ile s .
E x t e n s io n
s o u th fr o m T e x a r k a n a t o S h r e v e p o r t, 7 1 m ile s , c o m p le te d in F e b r u a r y .
O n A p r il 1 t r a c k - la y in g b e g a n fr o m S h r e v e p o r t s o u th a n d fr o m M a n s
f i e l d s o u t h ; a ls o b e t w e e n B e a u m o n t a n d P o r t A r t h u r , a n d t h i s p a r t o f
t h e r o a d w i l l b e r e a d y f o r o p e r a t i o n i n M a y , 1 8 9 6 . E n t i r e l i n e is t o b e
c o m p le te d in f a l l o f 18 9 6 .
H i s t o r y .— C h a r t e r e d i n 1 8 8 7 a s K a n s a s C i t y N e v a d a & F t . S m it h .
N a m e c h a n g e d t o p r e s e n t t i t l e i n J a n ., 1 8 9 3 . I n N o v . , 1 8 9 4 , t h e T e x
a r k a n a & F t . S m it h w a s m e r g e d .
C o n tr a c t le t t o A r k a n s a s C o n s tru c
t io n C o. (c a p it a l, $ 5 ,5 0 0 ,0 0 0 a u th o r iz e d ) f o r c o n s tr u c tio n t o S h r e v e
p o r t , L a ., fr o m w h e n c e t h e K . C . S h r e v e p o r t & G u lf (c h a r t e r e d in
S e p t ., 1 8 9 4 ,) w i l l b u i l d t o S a b in e P a s s o n G u l f o f M e x i c o . V . 5 9 , p .
651.
T h e K a n s a s C it y T e r m in a l C o n s tr u c tio n C o . w a s o r g a n iz e d in
1 8 9 5 t o b u i l d t h e K . C . S h r e v e p o r t & G u l f , C o n s t r u c t i o n s t o c k , $ 3 ,0 0 0 ,0 0 0 ; p a r , $ 1 0 0 . T h e c o n s t r u c t io n c o m p a n ie s g e t $ 2 5 ,0 0 0 p e r m ile o f
b o n d s a n d a lik e a m o u n t o f s to c k o f th e r a ilr o a d c o m p a n y , a n d h a v e
i n t e r e s t i n t o w n s it e s a n d s u b s id ie s . S t o c k a u t h o r i z e d ( $ 2 0 ,0 0 0 ,0 0 0 ),
$ 2 5 ,0 0 0 p e r m . ; p a r $ 1 0 0 ; s t o c k o u t s t a n d i n g i n A p r i l , 1 S 9 6 , $ 1 0 ,0 5 0 ,0 0 0 .— Y . 6 1 , p . 7 9 4 .
B o n d s .— F i r s t m o r t g a g e g o l d b o n d s a t $ 2 5 , 0 0 0 p e r m i l e o f m a i n t r a c k
w e r e a u t h o r iz e d in A p r il, 1 8 9 3 , in t e r e s t o n w h ic h u n t il A p r il, 1 8 9 7
w i l l b e p a y a b le o n ly i f e a r n e d , b u t o n A p r il, 1 8 9 5 c o u p o n , $ 1 0 w a s p a id .
M o r t g a g e c o v e r s e q u ip m e n t.
M i s s o u r i K a n s a s & T e x a s T r u s t C o ., o f
K a n s a s C i t y , M o . , a n d t h e S t a t e T r u s t C o ., o f N . Y . , t r u s t e e s . P h i l a d e l
p h i a S t o c k E x c h . r e p o r t s $ 9 ,0 2 5 ,0 0 0 f i r s t s l i s t e d t o A p r i l , 1 8 9 6 , a g a i n s t
$ 7 ,0 2 5 ,0 0 0 i n O c t o b e r , 1 8 9 5 .
E a r n i n g s .— F r o m J a n . 1 t o M a r . 3 1 , 1 8 9 6 , 3 m o n t h s , g r o s s $ 1 5 1 ,5 0 0 ,
a g a in s t $ 1 2 3 ,4 1 7 in 1 8 9 5 . F o r y e a r 1 8 9 5 g r o s s e a r n in g s s h o w a n i n
c r e a s e o f $ 1 0 8 ,0 0 0 . I n y e a r 1 8 9 4 g r o s s $ 3 9 0 ,1 2 1 ; n e t , $ 1 6 9 ,2 3 9 ; r e n t
a ls , e t c . ( n o t i n c l u d i n g b o n d i n t e r e s t ) , $ 6 1 ,3 1 9 ; b a l a n c e , s u r p lu s f o r
y e a r , $ 1 0 7 ,9 2 0 . N . Y . o f f ic e , 3 6 W a l l S t. (V . 5 9 , p . 6 5 1 , 8 7 9 ; V . 6 0 , p . 4 8 0 ,
7 9 5 , 8 3 5 , 8 7 3 ; Y . 6 1 , p . 3 2 4 , 7 9 4 , 1 0 6 4 , 1 1 0 7 , 1 1 5 5 ; V . 6 2 , p . 2 7 7 , 5 8 9 .)
K an sas
C it y
B ln f f s . - (5 c e
Map
D i v i d e n d s .— I n 1 8 9 3 , D e c . , 8 -6 5 p . c .; 1 8 9 4 , D e c . , 8 p . c .; f o r
( d e c l a r e d i n F e b . , 1 8 9 6 ), o n $ 5 , 2 6 3 , 2 0 0 o f s t o c k , 4 -8 9 p . c.
1895
S t.
Joseph
Sc C o u n c il
Chicago B urlin gton & Quincy . ) — O w n s f r o m K a n s a s C i t y t o C o u n c i l
B lu f f s , 1 9 7 m i l e s , b r a n c h e s 5 8 m i l e s , p r o p r i e t a r y lin e s ( N o d a w a v V a l
le y a n d T a r k io
V a lle y r a ilr o a d s ), 61 m ile s ;
t o t a l o p e r a t e d ”, 3 1 6
m ile s . T h e c a p i t a l s t o c k ( i n c l u d i n g N o d a w a y & T a r k i o V a l l e y ) D e c .
3 1 , 1 8 9 4 , $ 5 ,9 8 8 ,5 7 4 , S t o c k f o r $ 5 , 2 6 2 , 6 0 0 w a s p u r c h a s e d b y t h e
C h ic a g o B u r lin g t o n & Q u in c y in 1 8 8 0 , a n d t h e r o a d is o p e r a t e d a s p a r t
o f t h a t s y s t e m . C o n s o ls . N o s . 1 t o 5 0 0 , b o t h i n c l u s i v e , h a v e a p r i o r l i e n .
E arnings.— I n y e a r e n d i n g D e c . 3 1 , 1 8 9 4 , g r o s s e a r n i n g s w e r e $ 1 ,9 9 8 ,2 4 6 ; n e t , $ 8 8 1 ,9 8 2 ; o t h e r in c o m e ; $ 1 3 ,5 9 3 ; i n t e r e s t a n d r e n t a l s ,
$ 4 5 1 , 2 0 5 : d i v i d e n d (8 p . c . ) . $ 4 2 1 , 0 5 6 ; b a l a n c e , s u r p lu s f o r y e a r .
$ 2 3 ,3 1 4 . I n 1 8 9 3 , g r o s s , $ 2 , 0 1 9 ,0 0 8 ; n e t , $ 8 6 9 ,1 1 8 .
K a n s a s C it y S u b u r b a n B e l t . —(See M a p . ; — R o a d — E x t e n d s
fr o m S e c o n d S tr e e t a n d B r o a d w a y a r o u n d K a n s a s C it y , v ia th e E a s t
B o tto m s a n d th e v a lle y o f th e B lu e a n d B r u s h C re e k , p r o v id in g
t e r m in a l fa c ilit ie s f o r t h e r a ilr o a d s c e n t e r in g a t K a n s a s C it y , a n a
fu r n is h e s q u ic k t r a n s it fr o m t h e m a n u fa c t u r in g s u b u rb s a lo n g th e
B lu e V a lle y . B y c o n n e c tio n w it h U n io n T e r m in a l R R ., in K a n s a s C it y ,
K a n s a s , t h is r o a d a ls o r e a c h e s t h e W e s t B o t t o m s b y a s y s t e m o f v i a
d u c ts , a n d h e r e m a k e s d ir e c t c o n n e c tio n w it h e v e r y r o a d e n t e r in g
K a n s a s C it y fr o m n o r th w e s t, w e s t a n d s o u th w e s t.
ft
N O R TH
KANSAS C IT Y
B O N D S .
t*
A N D
:■ -VA r
M
‘( 'K N
[u
If
n io n
D E P ftr
!
’ H
i :,;;
..
.J
1
I
■■
I
lE R E N
*i t ' v T i > T i u 1
/V* ■>
^ir\ %
D / V lO N
U L Y S S E S ■/.
CO.A U ■,//
, 1S96.J
J R A U L .-h .O A D
S T O C K S
f
i
•mmm
I U A I
'
M A P «»p T 1 I K
K A N S A S C IT Y S U B U R B A N
B E L T R, R,
M i N E i* / / -
K A N S A S C IT Y & IN D E P E N D E N C E A IR L IN E
f r ix
iXD
’ H E U N IO N T E R M IN A L R A IL R O A D .
A
S h o w in g
2 1 ¥ * # -« » •!
T o p o g ra p h y
an d
R a ilr o a d
E n tr a n c e s o f th e City.
INVESTORS’ SUEELEMENT.
80
[V ol . LXII.
Subscriber* w i l l con fer a great fa v o r by g i v in g Im m e d ia te n o tice o f a n y error d isco vered In these T a b le s.
R A IL R O A D S .
o n f i r s t p a g e o f t a b le s .
1890
1894
1881
1889
1886
1890
1888
98
Kentucky tt Indiana Bridge—R e c e i v e r s '
c e r tific a te s
1 s t m o r t g a g e , g o l d . .............................................................
2 d m o r t g a g e , g o l d ...............................................................
T e r m i n a l b o n d s , g o l d .........................................................
N e w A l b a n y B e l t A T e r m . R R . 1 s t M . e n d ., g o ld .
Kentucky m a t'd — ls t M . , $ 2 5 , O O O p . m . , r e d . a t p a r . o ’
Keokuk <t Dee Mo .— P r e f e r r e d s t o c k , 8 p e r c e n t ____
1 s t m o r t g a g e , in t e r e s t g u a r . C . R . I . & P ................o ’
Keokuk <f Western— C o m m o n s t o c k ................................
M o r t g a g e n o t e s o f 1 8 8 6 , ’ 9 4 a n d ’ 9 5 ........................
ningston d Pembroke— 1 s t M . , g o l d , ( r e d e m . a t 1 0 5 ).
Knoxv. Oum. Gap it Louisville—See T e x t .
K norr. <f Ohio— 1 s t m o r t . , g o ld , g u a r , b y r e n t . o * * r
L a k ■ t r ie it Western—C o m . s t o c k , $ 2 0 ,0 0 0 p e r m ile
P r e f • s t o c k , 6 p e r c e n t in o t c u m .) ($ 2 0 ,0 0 0 p . m . ) .
1 s t a o r t g a g e , ($ 1 0 ,0 0 0 p e r m i l e ) g o l d ..................o*
2 d m o r t ., f o r $ 3 ,6 2 5 ,0 0 0 ($ 5 ,0 0 0 p e r m i l e ) g o l d . c
Lake Shore <f Michigan Southern— S t o c k ....................
G u a r . 1 0 p e r c e n t s t o c k (M ic h . S o . & N o . I n d . ) . .
B u f f a lo & E r i e 1 s t m . ( B u f f a l o , N . Y . , t o E r i e , P a . ) . e
L a k e S h o r e d i v . b o n d s (B u f f a lo t o T o l e d o , O . ) ____c
C o n s o l. 1 s t m o r t . s i n k . f u n d $ 2 5 0 ,0 0 0 y e a r l y . CAT
C o n s o l. 2 d m o r t . ( f o r $ 2 5 ,0 0 0 ,0 0 0 ), d o ..........c& r
D e t r o it M o n ro e & T o le d o 1 st m o r tg a g e , g u a r ... c
K a l a m a z o & W h i t e P i g e o n 1 s t m o r t . , g u a r . .......... o
B a t . C r . & S tu r . 1 s t M ., g . , g u a r . p . A l. ( s e e M .C e n .)
e t u r g i s G o s h e n & S t. L . 1 s t m o r t . , g . , p . A i. g u a r .
K a l . A l l e g a n <fc G r . R a p i d s s t o c k , 6 p . c. g u a r ........
1 s t m o r t g a g e , g u a r a n t e e d .......................................... cj
J a m e s t o w n A F r a n k . 1 s t M . (L .S . o w n s $ 2 5 6 ,0 0 0 ).e
E r i e & K a l a m a z o o (le a s e d ) s t ’ k , T o l e d o t o A d r i a n !
2
40
162
162
148
113
66
725
725
725
725
1878
....
1 ,0 0 0
100
100 Ac.
100
1891
1882
1 ,0 0 0
1 ,0 0 0
1885
1887
1891
88
258
859
859
62
37
41
29
58
58
51
26
1868
1869
1870
1873
1876
1890
1889
1889
1 ,0 0 0
100
100
1 ,0 0 0
1 ,0 0 0
100
100
5 0 0 & c.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
....
Earnings. - F r o m J a n . 1 t o A p r i l 7 , 1 8 9 6 (3 *4 m o n t h s ), g r o s s , $ 6 8 ,
7 2 0 , a g a i n s t $ 4 9 ,1 4 5 in 1 8 9 5 .
Y e a r e n d in g D e o . 3 1, 1 8 9 5 , g ro s s ,
$ 2 7 6 ,7 4 9 . I n y e a r 1 8 9 4 g r o s s , $ 2 4 9 ,0 2 7 , a g s t . $ 2 3 6 ,5 7 2 i n 1 8 9 3 .
N . Y . o f f ic e , 3 6 W a l l S t .— ( V . 5 9 , p . 8 7 9 ; V . 6 0 , p . 5 2 5 .)
K a n s a s C it y W a t k in s & G u l f . —C o m p l e t e d i n 1 8 9 2 f r o m L a k e
d i a r i e s . L a . , n o r t h e r l y t o A l e x a n d r i a , 9 8 m i l e s , b r a n c h e s 3 m ile s .
M o r t g a g e t r u s t e e . F a r m e r s ’ L o a n & T r u s t C o . S t o c k a u t h o r i z e d $ 1 0 .0 0 0 , 0 0 0 — p a r $ 1 0 0 . O n J u n e 3 0 , 1 8 9 4 , s t o c k f o r $ 1 ,9 6 7 ,4 0 0 w a s o u t
s t a n d i n g . I n A p r i l , 1 8 9 6 , f l o a t i n g d e b t w a s a b o u t $ 1 0 0 ,0 0 0 . J . B
W a t k i n s , P r e s i d e n t , L a w r e n c e , K a n s a s . ( V . 6 0 , p . 5 6 2 , 6 6 2 .)
B l a c k H i l l s . —S e e Supplement of
S e p t .,
1894.
K e n t u c k y & I n d i a n a B r i d g e . — O w n s s te e l c a n t ile v e r b r id g e
o v e r t h e O h fo R i v e r a t L o u i s v i l l e a n d 5 m i l e s o f r a i l r o a d b e t w e e n
L o u i s v i l l e , K y . , a n d N e w A l b a n y , I n d . , a n d 5 m il e s o f b e l t l i n e in
L o u i s v i l l e ; a ls o o p e r a t e s N e w A l b a n y B e l t & T e r m i n a l R R . , 2 m ile s ,
a n d o w n s L o u is . & N e w A lb a n y F e r r y C o. a n d N . A lb a n y S tr e e t C a r C o.
R e c e i v e r s h i p .— D e f a u l t e d o h c o u p o n s S e p t , 1 8 9 3 . S e e V . 5 7 , p . 5 1 0 ,
596.
J o h n M a c L e o d , F . W . T r a c y a n d S. M . F e l t o n a r e r e c e i v e r s .
P e t i t i o n t o f o r e c l o s e t e r m i n a l m o r t g a g e w a s f i l e d a t L o u i s v i l l e i n O cto ~
b e r , 1 8 9 4 . N e w A l b a n y B e l t tt r s t m o r t g a g e b o n d h o ld e r s ’ c o m m i t t e e
c o n s is t e d o f F . J . P f l n g s t a n d C. F . J . A l l e n .
V. 61, p 7 9 4
R e c e i v e r s ’ c e r t i f i c a t e s f o r $ 7 5 ,0 0 0 w e r e is s u e d i n 1 8 9 4 ; a n a d d i t i o n a l
$ 2 5 ,0 0 0 h a v e b e e n a u t h o r iz e d .
Co m m itte e .— S e c o n d mortgage^ -.J o h n
D . T a g g a r t , c h a i r m a n ; S t. J o h n
B o y le , J . W . G a u lb e r t, G . W . M o r t o n a n d o th e rs .
Term inal bondholders’ committee w a s d i s s o l v e d . V . 6 0 , p . 5 2 2 .
Securities.—C a p i t a l s t o c k $ 1 ,7 0 0 ,0 0 0 ( p a r $ 1 0 0 ). C i t v
b a n y , I n d . , g u a r a n t e e s $ 2 5 0 ,0 0 0 o f 1 s t m o r t g a g e b o n d s .
I nterest P ayments.—F i r s t
w a s p a id o n J u ly 1, 1894, th e
a n d t h o S e p t ., 1 8 9 4 , i n t e r e s t o n
1 8 9 5 , a t L o u is v ille T r u s t C o. o f
of
N ew
Al
m o r t g a g e in t e r e s t d u e S e p t. 1 1 ,1 8 9 3
M a r c h 1 1 , 1 8 9 4 , in t . o n S e p t . 1 , 1 8 9 4
M a r . 1, 1 8 9 5 ; M a r . 1 1 , 1 8 9 5 o n S e n t 1 ’
L o u is v ille , K y .
’
1
i ’
E arnings.—R e c e i v e r s ’ r e p o r t
f o r y e a r O c t. 1 4 ,1 8 9 3 , to O c t. 1 4 .1 8 9 4
s h o w s g r o s s , $ 2 1 9 , / 4 1 ; n e t , $ 8 6 ,2 5 7 . F o r y e a r o n d i n g J u n e 3 0 1 8 9 3 '
g r o s s e a r n m g s w e r e $ 2 1 5 ,3 4 3 ; n e t , $ 1 2 6 ,7 0 3 ; i n t e r e s t ; $ 1 0 0 ,0 0 0
(S e e
4 . 5 9 , p . 6 9 / ; V . 6 0 , p . 8 2 , 5 2 2 , 9 2 9 , 1 1 0 5 ; V . 6 1 , p . 2 4 0 , 5 5 8 , 7 9 4 .)
K e n t u c k y U n i o n . - S e e L exington & Eastern.
K e o k u k Ac D e s M o in e s .—O w n s f r o m K e o k u k . I a
5 g5 «•
j? g5 g.
6 g.
6
S ee te x t.
5
2
6
5
6
J.
J
In te r e s t p a y ’le b y ch eck
M . & S.
A . & 0.
J. & D .
J. & D .
F. & A .
See t e x t
A . & O.
A . <fc O ,
M a r . l l , ’ 9 5 ,p d S e p . 1 ,’ 9 5
A p r ., ’9 3, co u p , la s t p d.
J u n e ,’ 9 3 , c o u p , l a s t p a id
J u n e ,’ 9 3 ,c o u p , l a s t p a i d
J.
J.
&
N . Y . , O f f ic e , 1 3 W m . S t.
do
do
N . Y . , C u y le r , M o r g a n .
& D.
J.
J o s e p h W a l k e r 's S o n s .
I n d e fa u lt.
&
2 ,0 0 0 ,0 0 0
6 g . .J & J .
1 1 ,8 4 0 ,0 0 0
1 1 ,8 4 0 ,0 0 0 S e e t e x t .
Q .-F .
7 ,2 5 0 ,0 0 0
5 g . J . & J.
2 ,1 0 0 ,0 0 0
5 g- J . <fc J .
4 9 ,4 6 6 ,5 0 0 S e e t e x t . F . <fe A .
5 3 3 ,5 0 0 1 0 p e r a n F . & A .
2 ,7 5 5 ,0 0 0
7
A . & O.
A . & O.
1 ,3 5 5 ,0 0 0
7
1 4 ,6 4 0 ,0 0 0
7
See te x t
2 4 ,6 9 2 ,0 0 0
7
J. & D .
9 2 4 ,0 0 0
F. & A.
7
4 0 0 ,0 0 0
5 g. J. & J.
7 9 ,0 0 0
3 g. J. & D .
3 2 2 ,0 0 0
3 g . J. & D .
6 1 0 ,0 0 0 6 p e r a n . A . & O .
8 4 0 ,0 0 0
5
j . &
j .
2 9 8 ,0 0 0
7
j . & j .
3 0 0 ,0 0 0 1 0 p . a n . IF . & A .
100
1 ,0 0 0
1 ,0 0 0
1888
1863
1 8 9 2 c o n s o l i d a t e d w i t h t h e C o n s o l. T e r m i n a l R y
C o . , a n d in J a n u a r y , 1 8 9 3 , b o u g h t t h e e n t i r e c a p i t a l s t o c k o f t h e K a n s a s
C i t y A I n d e p e n d e n c e A i r L i n e C o m p a n y . ( V . 5 5 , p . 9 9 5 .) C a p i t a l s t o c k
I s $ 4 ,7 5 0 ,0 0 0 , a l l o f w h i c h h a s b e e n is s u e d .
D i v i d e n d o f 2 p o r c e n t in s t o c k w a s p a i d N o v . 1 , 1 8 9 3 , a n d 2 p . c. i n
a t o c k i n M a y , 1 8 9 4 . T r u s t e e o f t h e S u b u r b a n B e l t m o r t g a g e Is t h e M i s
s o u r i K a n s a s & T e x a s T r u s t C o ., o f K a n s a s C it y .
Ac
$ 1 ,9 6 7 ,4 0 0
7 5 ,0 0 0
1 ,0 0 0 ,0 0 0
6 0 0 ,0 0 0
4 0 0 ,0 0 0
3 0 0 ,0 0 0
9 6 2 ,0 0 0
1 .5 2 4 ,6 0 0
2 ,7 5 0 ,0 0 0
4 , 0 0 0 ,0 0 0
2 7 5 .0 0 0
3 7 8 .0 0 0
5 7 2 ,0 0 0
$<fe JS
Organization.—I n
K ea rn ey
Bonds—P r i m 1
IN T E R E S T
p a l,W h e n D u e .
Am ount
R a te p er W hen
Slocks— L a s t
W h e r e P a y a b le , a n d b y
O u t s t a n d in g
P a y a b le
C e n t.
W hom .
D iv id e n d .
S iz e , o r
D a te
Par
of
B o n d s V a lu e .
M ile s
of
Road.
N .Y ., J. P . M o rg a n
& C o.
Jan.
1, 1930
M a r ., 1911
A p r il, 1919
D e c ., 1 9 1 6
J u n e 1, 19 2 0
Ang. 1 , 1 9 1 8
J a n . 1 5 ,1 8 9 5
O c t. 1, 1923
A p r . 1, 1896
O p tio n o f Co.
J u n e 1, 19 2 1
Jan . 1, 1912
J u ly
1, 1 9 2 5
N . Y . O ffic e , 8 0 B r ’ d w a y .
N . Y ., C h ase N a t. B an k.
do
do
N . Y . , G r a n d C e n t . O ffic e ,
do
do
M a y .1 5 ,1896
J an . 1, 1937
J u ly 1, 1941
F e b . 1, 1896
F e b . 1, 1896
A p r. 1, 1898
A p r . 1, 1 8 9 9
C o u p o n s p a y a b le b y
J u ly 1, 1 9 0 0
T rea su rer a t G r’d
D e c . 1, 190 3
C e n tra l
S t a t io n ,
A u g. 1, 1906
N. Y.
J a n . 1, 194 0
R e g is te r e d in te r e s t
D eo. 1, 1989
p a y a b le b y U n io n
D e o . 1, 1 9 8 9
T ru st C om pany.
A p r ., 1896
J u ly 1, 1 9 3 8
V a r . t o J ’l y , ’9 7
N . Y „ G r . C e n t . S t a t io n .
F e b ., 1 8 9 6
$ 7 6 7 ,0 0 0 o f t h e s to c k p le d g e d u n d e r it s c o n s o lid a t e d m o r t g a g e o f 1 8 9 4
E a r n in g s .—Y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , g r o s s , $ 4 6 4 ,6 6 5 ; n e t , $ 1 4 3 ,3 8 9
i n t e r e s t , $ 1 2 0 ,0 0 0 . I n 1 8 9 3 - 9 4 , g r o s s , $ 3 8 8 , 1 7 0 ; n e t , $ 1 0 4 ,6 0 1 .
L a k e E r i e Ac W e s t e r n R a i l r o a d . —( See Map . ) — O w n s f r o m S a n
d u s k y , O ., t o P e o r i a , 111., 4 2 0 m i l e s , a n d b r a n c h t o M in s t e r , 1 0 m i i e s
I n d i a n a p o l i s t o M i c h i g a n C i t y , 1 6 2 m i l e s ; F o r t W a y n e to C o n n e r s v i l l f
a n d b r a n c h t o R u s h v i l l e . J 3 3 m i l e s ; t o t a l o w n e d , 7 2 5 m il e s o f w h i c h
6 9 1 s t e e l ; l e a s e d f r o m O c t . 1 , 1 8 9 5 , t h e N o r t h e r n O h io R R . , A k r o n t o
D e l p h o s , 1 6 5 m i l e s ; t o t a l o p e r a t e d , 8 9 0 m ile s .
H is t o r y , E tc .— C o m p a n y f o r m e d in 1 8 8 7 a f t e r f o r e c l o s u r e o f t h e
L a k e E r i e & W e s t e r n Railway. I n M a r o h , 1 8 8 7 , p u r c h a s e d I n d i a n a p o l i s
P e r u & C h ic a g o , 1 6 2 m ile s , a n d i n J u n e , 1 8 9 0 , a o q u i r e d F o r t W a v n e
C in . & L o u i s v i l l e .
(S e e V . 5 0 , p . 5 9 0 .) T h e t e r m i n a l s a t I n d i a n a p o l i s ,
P e o r ia , F o r t W a y n e a n d N e w C a s tle a r e o p e r a t e d p a r t l y u n d e r le a s e
T h e c o m p a n y le ts a b o u t 88 m ile s o f t r a c k a g e a n d t e r m in a l r ig h ts r e
c e i v i n g a b o u t $ 5 7 ,0 0 0 y e a r l y . F o r c o n d i t i o n o f r o a d - b e d , e q u i p m e n t ,
b r i d g e s , e t c . , s e e p a m p h l e t is s u e d b y c o m p a n y i n M a r c h 1 8 9 5 . I n S e p
te m b e r , 1 8 9 5 , p u r c h a s e d t h e s t o c k o f th e N o r t h e r n O h io — w h ic h s ee.
D
iv id e n d s
o n p r e f.—
" Y e a r . .1 8 9 0 .
1891. 1892. 1893. 1894.
P e rc t.
4
4
4%
5
5
I n 1 8 9 6 , F e b . , l i t p . o .; M a y , l t i p . c .
1895.
5
1896
b e lo w .
Bonds .—A b s t r a c t o f f i r s t m o r t g a g e ( C e n t r a l T r u s t C o m p a n y a n d A . L M a s o n , t r u s t e e s ) , i n V . 4 6 , p . 4 5 ; o f 2 d m o r t g a g e (C e n t . T r u s t C o . o f N Y *
a n d R o b t . C . B e l l o f in d . , t r u s t e e s ) , i n V . 5 4 , p . 4 4 4 . G u a r a n t e e s $ 2 .5 0 0 ,0 0 0 N o r t h e r n O h io 5 s — s e e t h a t c o m p a n y .
L a te st E a r n in g s .— J a n u a r y
Gross.
1 month —
1 8 9 6 ..........................
1 8 9 5 ..........................
1 t o J a n u a r y 3 1 (1 m o n t h ) :
Net.
Fixed charges.
Bat., surp
$ 3 0 2 ,1 1 7
2 6 9 ,2 8 9
$ 1 3 9 ,6 3 2
$ 5 7 ,9 7 1
$ 8 1 ,6 6 1
1 1 6 ,8 4 3
5 7 ,9 5 7
5 8 ,8 8 6
A n n u a l R e po r t .—F i s c a l y e a r e n d s D e c . 31. A n n u a l m e e t i n g is h e l d
a t P e o r i a o n f i r s t W e d n e s d a y i n O c t o b e r . A n n u a l r e p o r t f o r 1894 w a s
m V . 60, p. 559 a n d 564.
T h e t r a ffic is w e l l d is tr ib u te d , o n ly 6 p e r
c e n t i n 1 8 9 4 b e i n g f r o m c o a l . A v e r a g e r a t e p e r t o n p e r m i l e i n 1894
w a s 0 -6 3 1 c e n t a g a i n s t 0 -7 0 4 c e n t i n 1893. A d v a n c e f i g u r e s f o r 1895
a r e g iv e n b e lo w .
Tear end. Dec. 3 1 .
1895.
G r o s s e a r n i n g s .............$ 3 , 5 1 9 ,1 0 4
1894.
$ 3 ,3 4 5 ,4 0 3
( l e t e a r n i n g s ................. $ 1 ,6 0 2 ,9 8 9
$ 1 ,4 7 9 ,5 5 2
R a tio o p .e x p .t o e a r n .
(5 4 - 4 5 )
(5 5 - 7 7 )
i n t e r e s t o n b o n d s ___________________ 4 6 7 ,5 0
40
5 5 ,3 3 3
T a x e s a n d r e n t a l s ___________________2 3 4 ,2 8252 7 ,6 4 9
D i v i d e n d s ........................(5 ) 5 9 2 ,0 0 0
(5 )5 9 2 ,0 0 0
1893.
$ 3 ,5 1 2 ,6 2 0
1892.
$ 3 ,5 5 8 ,4 8 2
$ 1 ,4 6 3 ,8 7 7
(5 8 - 3 3 )
4 4 4 ,9 7 2
2 0 5 ,4 9 8
(5 )5 9 2 ,0 0 0
$ 1 ,6 2 0 ,3 5 9
(5 4 - 4 6 )
4 3 4 ,6 6 7
2 0 0 ,0 3 3
(5 )5 9 2 ,0 0 0
t o D o s M o in e s
m ile s . L e a s e d f o r -4 5 y e a r s f r o m O c t o b e r 1 ,1 8 7 8 ’, to t h e C h ic a g o
R o c k I s l a n d & P a c i f i c R a i l w a y , t h e le s s e e t o p a y 2 5 p e r c e n t o f tSe
C
e a r n in g s , b u t g u a r a n t e e s t h e i n t e r e s t ( n o t t h e p r i n c i p a l ) o n t “
b o n d s . T h e s t o c k is $ 1 ,5 2 4 ,6 0 0 8 p e r c e n t p r e f e r r e d a n d $ 2 6 0 0 4 0 0
$ 3 0 9 ,2 0 4
$ 2 0 4 ,5 6 9
$ 2 2 1 ,4 0 7
$ 3 9 3 ,6 5 9
(1)
$ 1 4 3 ,5 9 3
$ 2 0 7 ,0 1 6
$ 1 1 9 ,2 1 9
C a lv in 8. B r ic e , N . Y . , P r e s id e n t .— (V . 6 0 , p . 2 5 9 , 4 3 2 , 5 4 8 , 5 5 9
562, 5 6 4 ; V . 61, p. 2 40, 282, 324, 558, 750, 794; V . 62, p. 186, 3 6 0 ’
w°„mmm n i (J>arA 0 f e a c h F ° ° l ’ . a m a j o r i t y o f w l l i e k is h e ld b y t h e le s s e e
? ,ald„.d i o!? e n d 5 o n P r e f e r r e d i n M a y , 1 8 9 3 , o f $ 2 4 0 p e r s h a r e T i n 1 8 9 4
M a r c h , 9 o c e n t s p e r s h a r e ; m 1 8 9 5 , J a n ., 9 0 c e n t s p e r s h a r e ; in 1 8 9 6 ’
n o n e . R e n t a l in y e a r 1 8 9 0 -9 1 , * 1 4 6 , 0 2 5 ; i n 1 8 9 1 -9 2
&
1 8 9 2 -9 3 $ 1 5 1 ,7 0 0 ; i n 1 8 9 3 - 9 4 , $ 1 5 1 , 6 2 4 ;
1 8 9 1 9 5 , $ 1 $ ,? , 5 0 0 ’
! “
L a k e S h o r e Ac M i c h i g a n S o u t h e r n . — (See Map N. T. Central.)
O p e r a t e s fr o m B u ffa lo t o C h ic a g o w it h b ra n c h e s . T h e s y s te m w e ll
s h o w n o n t h e m a p , is m a d e u p a s b e l o w . T h e m a i n l i n e (5 4 0 m i l e s )
i n c l u d e s 2 6 m i l e s b e t w e e n T o l e d o a n d A d r i a n , M ic h . , u n d e r l e a s e f r o m
th e E r ie & K a la m a z o o .
K e o k u k Ac W e s t e r u . - O w n s A l e x a n d r i a , M o ., t o V a n W e r t I a
1 ^ " V i 0° I ,,; f a t* S V? K e o k l l k . 5 m . O r g a n i z e d i n 1 8 8 6 a f t e r f o r e c l o s u r e
ividends
c .; in
In
1894, 2 p .
c .; i n
p e r o e n t ; In
1895,2 p . c .; i n
; in 1892 2 n c
1896. A p r i l . l p P c
• i n 1893
'
1893’
'’ Jan.
jan'TuTjan'a1
!111’ '!(1895................
fan*................ Gross,$36,166;
net, $16,302
Gross, 27,239; net,
8,832
1 to Jan. 31.
REPORT.—Report for 1895 was in V
™ nan
gross, $380,624; net, $125,435; interest on notes6*19*97
annual
P r e s id e n t, K e o k u k , Io w a ,
(V . 6 0 , p . 7 9 8 ; V . ( h , p . 1 0 6 4 - V
62
p e s o 8’
K i n g . C o u n t y E le v a t e d .- S e e Street Railw ay Supplement1
K n o x v i l l e C u m b e r la n d G a p & L o u i s v i l l e l i v
*
T e n n . , w i t h t u n n e l a t C u m b e r la n d G a n
b o r o , 7 5 m ile s ; b ra n c h e s , 7
M s s o r
it O l o o ;
mSET
»“
p9"
* ■J'’ " ’
8’ $28’ 687'
Road owned directly.
Miles.
B u f f a lo , N . Y . , t o C h i c a g o , H i . . 5 4 0
S u n d r y b r a n c h e s ............................ 3 1 9
E n tire stock owned.
asaasm.'BjmESf
D
— 1888,1
1891, 2
2 p.
B a l a n c e , s u r p lu s .
B e t t e r m e n t s ..................
I
to
a T
T S
S
t V k
m TTT -Ar.. .. .
?
6'
“c T k T
OO. JCiAi
<V 60> P ' 795’ 873f n 4 5 r v . f i , p!. 4 7 l f v f 62,
T e n n ., a n d b r a n * , O o N n U c s ^ e ls e ™ N o v T ^ 8 8 ’ t o E a s t T e * J v lio 0 ’
G a . f o r 9 9 y e a r s f o r n e t e a r n in g a / b u t i n t e r e s t ,£ ? ! . ’, A , i E a 8 t T e i m - V a - *
r e n t a l . L e a s e a s s u m e d h v S o u t h e r n R v C o ^ a n d 9» n<f 9 £ ua,r a n t ® e d b y
u n d i s t u r b e d . S t o c k is $ 1 , 1 2 2 , 2 0 0 ; p a r ^ l d o S o i S h e m R a U ^ a y o ^ i s
Leased, [ITsee this Co..]
Miles.
K a l a m a z o o A . & G . R ..............
59
51
J a m e s t o w n & F r a n k l i n ..........
M a h o n i n g C o a l R R ....................
50
E r i e & K a l a m a z o o (2 6 m . ) ____T e x t .
D e t r o i t H i l l s d a l e & S. W . . . U
65
F o r t W a y n e & J a c k s o n ........ it
98
D e t r o i t & C h i c a g o .......................... 6 2
D e t r o i t M o n r o e & T o l e d o ........... 6 2
K a la m a z o o & W h ite P i g e o n . . . 37
N o r th e r n C e n tr a l M ic h ig a n .. . 61
S tu r g is G . & S t . L . a n d S . C . & D . 4 5
G r a n d to t. o p e r . J a n . 1 , 9 5 .1 ,4 4 9
O f t h e m a in lin e 4 9 9 m ile s h a s d o u b le tr a c k .
B y c o n tro l o f “ N io k e l
P l a t e ” t h e L a k e S h o r e h a s s t i l l a n o t h e r l i n e f r o m B u f f a l o t o C h ic a g o .
Or g a n iz a t io n , &c .— A
c o n s o lid a tio n o n A u g . 1 6 ,1 8 6 9 . T h e N . Y . C h. &
( N i c k e l P l a t e ) r o a d li a s b e e n c o n t r o l l e d b y o w n e r s h i p o f
7 8 8 2 , L a k e S h o r e n o w o w n i n g $ 6 , 2 4 0 , 0 0 0 o f it s c o m m o n ,
$ 6 ,2 7 o ,0 0 0 o f i t s 2 d p r e f e r r e d a n d $ 2 ,5 0 3 ,0 0 0 o f i t s 1 s t p r e f e r r e d s t o c k .
T h e c o m p a n y a ls o c o n t r o l s a n d l e a s e s t h e M a h o n i n g C o a l R R . [ s e e L a k e
S h ore
S y s t e m ’ b e l o w ] a n d o w n s (b e s id e s t h e e n t i r e s t o c k o f t h e p r o
p r i e t a r y lin e s ) $ 2 , 6 7 5 ,6 9 6 P i t t s b u r g & L a k e E r i e s t o e k .
8 t.
L o u is
Ca p it a l Sto c k .—T h e s t o c k h a s r e m a i n e d a t $ 5 0 , 0 0 0 ,0 0 0 s i n c e
18 7 1 . T h e g u a r a n t e e d s t o c k o f $ 5 3 3 , 5 0 0 c a r r i e s 1 0 p e r c e n t d i v i d e n d s .
Div id e n d s .—S in c e
(1 8 8 8 .
I f f 1 8 9 6 , F e b . , C3 p . c 4
’89.
5
’ 90.
5
’ 91.
’ 92.
^
^
’93,
6
’ 94.
6
’95.
6
’9 6
b e lo w !
B onds .— I n t e r e s t o n t h e c o n s o l, f i r s t m o r t . is p a i d o n c o u p o n bonds
J.
J . , o n r e g i s t e r e d b o n d s Q .— J . T h e f i r s t c o n s o l, o r t h e b o n d s p r i o r
t h e r e t o a r e r e d e e m e d e a c h y e a r by $ 2 5 0 , 0 0 0 c o n t r i b u t e d t o t h e s i n k i n g
fu n d . T h e b o n d s o u t s t a n d i n g a r e g i v e n a b o v e l e s s t h e a m o u n t s h e l d in
th e s in k in g fu n d s , w h ic h a m o u n te d t o $ 6 ,0 0 0 ,0 0 0 J a n . 1 ,1 8 9 5 .
G u a r a n t ie s . I n a d d i t i o n t o s e c u r i t i e s in t a b l e a b o v e , c o m p a n y
u a r a n te e s b y e n d o r s e m e n t o n e a c h b o n d $ 1 ,0 0 0 ,0 0 0 C in c in n a t i &
P r t n g f l g d 1 s t 7 s , d e s c r i b e d u n d e r C l. C in . C h . & S t. L o u i s . S e e a ls o
D e t r o i t H i l l s d a l e & S. W . a n d F o r t W a y n e & J a c k s o n .
g
Dodge V.
Ev&nsvll
lA N S IflG
B U FF A
00
M'.ynlmUh"
\ » o i i T.
g u t t le C r e e k
Klkhoptt
rjtim
Sololtj
m
v
41i»rv*fd
Treewitt
c if
i
\ )/
a W fm
ny//y,w9fpn ibitUf.
Y
B o in .^ i*
yf
HwKford
H^nirtax
iForreston
*”
/ \ ,-Whsi#. p
H IC A G O
Keahelte
Dlxorv
Clintonjin FitHun
j
A ttrorst-
■ A u rtif*
AluiJOy.
On CH;
jULT,
n ■■OvbY'*^i
SuRpil
Orioin
«
1o25
pq
P - - “T
V n iw
la w >
CO
Y
cVstce
f"AiU«i
I’rHu-tJj
routine
qitleeburg.
^tetitwiitviile,
ft
e r ie I
|»wslwoIl
Jliivtnm
2ane*villo
EJneolnJ
Decatur.
*y
Mefrnlf
SiwoIh.
.PRINGFIECl
’A ekaftrm Ihn
-ELINO
ttt
COLU WBUS ■.. ^ # W taxing!-
| Marietta
Vlrdnnl
M tA rm M *
JimnUinnflfl /
■;, WntHwIy:
C in
Hfn<nrh«m
c in n a t i
(Until
Dust*’
Hull}'
1'
, o«HH»
..... ■ __
AHonj
imtiivUlo
'O’ FHlhn^J
/iSotlOVlllB
|#OHT\i5
*i'tU’r»trnl|a
Annie/
I’ttfefcnejr V
Mt
?
CaieHet*
tm.
M AI
JlelawitiefeBrii
t/wAnsviile
IJ« qmHi
"^^%bt*e*tnV-s
TtwonulKi
pUmarek
(C’tirlwnfSiUo
1W M M
CHARLESTON
iO U l® V I LL£
Vernon
Tnnmrim
.
,.Beverly
Gtmatiip-
Hltnwnnn
/ c - iT
.ulmwleiMi
%
•v'Hlnntn* ;
fitenOeHj
0 0 ®.
Care'
*ark*‘ r Of
liknitrat O ily
Norton V
f
y0 ®'
*N> « » • * » •
>l£»
RIE & WESTERN
RAILROAD
ITS CONNECTIONS.
INVESTORS’ SUPPLEMEN T.
S£
[Vol. LXH.
S ub scriber* w i l l c o n fe r a grea t fa v o r b y g i v i n g im m e d i a t e n o t ic e o f a n y erro r d is c o v e r e d i n tliese T a b le s .
R A IL R O A D S .
For
explanation of column headings, <fec., see notes
on drat page o f tables.
S iz e , o r
D a te
Par
of
B o n d s V a lu e .
M ile s
of
Road.
Lake Shore System—Mahoning Coal R R . — S t o c k —
43
43
P r e f e r r e d s t o c k , g u a r a n t e e d 5 p . c . S e e t e x t ........
43
1 s t M ., Y o u n g s , t o A n d . , e t c ., g u a r . p . & i . ( e n d ) . . . o
46
Lear. Toi>. d S. TT.— l s t M . , 12 g u a r . b y A t . & 1s b y U n . P .
42
Lehigh d Hudson River—1 s t M . , g . , i n t . r e d ’ C’ d t o 5 p . o .
63
2 d m o r t g a g e .......................................................... - ...............
W a r w i c k V a l i e v 1 s t & 2 d M s . ($ 2 4 0 ,0 0 0 2 d s ) .......... T e x t .
7
W a w a y a n d a R R . 1 s t m o r t g a g e .....................................
L e k . & H u d . R i v e r G e n . M . f o r $ 3 ,0 0 0 . 0 0 0 , g o ld . . e *
Lehigh d New Engl'd — S la t e V a l l e y R R . , 1 s t m o r t . .
1 s t m o r t . , $ 1 ,0 0 0 ,0 0 0 , g o l d .............................................
Lehigh Valley—S t o c k ($ 1 0 6 ,3 0 0 i s 1 0 x>. c. p r e f . ) . . .
101
1 s t m o r t g a g e , c o u p o n a n d r e g i s t e r e d ..........................
101
2 d m o r t g a g e .......................................................................... r
285
C o n . M ., s t e r lin g , g .,s .f.2 p . c . y ’ r l y , d r ’ n a t p a r .c A r
285
do
c o u p , a n d r e g is . , $ 4 ,7 6 2 ,0 0 0 a r e 4 1s s .c & r
285
do
a n n u it y , $ 2 ,o 3 8 ,0 0 0 a r e 4 ^ 8 ........................
117
L e h i g h & N . Y . , 1st M ., $ 2 ,0 0 0 ,0 0 0 , g ., g u .p .* i.c \ fc r
283
L e h . V a l. o f N . Y . , 1 s t M ., g o l d , g u . p . & l.(e n d .)c * «fc r
31
L e l i . V a l . T e r . , 1 s t m o r t . , g o l d , g u . p . & i . , e n d .e * c tr
60
E a s to n & A m b o y ,1 s t M .E a s to n to P .A m b o y ,g u a r .
12
E a s t o n & N o . , 1 s t M „ g o l d , g u a r , b y L . V a l..c * « fc r
D e la n o L a n d 1 s t M . f g o l d , g u a r a n t e e d ......................
22
M i d d l e s e x V a l l e y , 1 s t m o r t . , $ 6 0 0 ,0 0 0 , g o l d — c*
105
P e n n . & N . Y . C a n . & R R . — 1 s t i n ., e n d o r s ...0 * «fe r .
105
C o n s o ls (s e e t e x t ) g u a r a n t e e d p .& i . ( e n d . ) r ........
120
E l m i r a C o r t l ’ d & N o . 1 s t p r e f . m o r t . , g o l d ..........c *
120
1 s t M . , g o l d . g u a r . p . «fc i. ( e n d . ) .............................
C a n a . N o . l s t M . , g .,g u .p .< fc i.b y E .C .& N , a s s .b y L . V .
M o r r is C a n a l s to c k , 4 % g u a r a n te e d 9 9 9 y e a r s —
P r e f e r r e d s t o c k , 1 0 p . c ., g u a r . 9 9 9 y e a r s ............
L . V . C o a l C o . 1 s t M .$ 1 2 ,0 0 0 , 0 0 0 , g . s . f . , n o t d r n .c * ,t r
—
S n o w S h o e , 1 s t m o r t g a g e , n o t g u a r a n t e e d _____ r
$50
50
1 ,0 0 0
1884
1 ,0 0 0
1882
1 ,0 0 0
1881
1 .0 0 0
1887
•79-’ 81 5 0 0 A c .
1 8 8 0 5 0 0 etc.
1 ,0 0 0
1890
1886 500 A c.
1 ,0 0 0
1895
50
1 ,0 0 0
1868
1 ,0 0 0
1870
1 ,0 0 0
1873
1873
1 ,0 0 0
1 ,0 0 0
1873
1 ,0 0 0
1895
1 ,0 0 0
1890
1 ,0 0 0
1891
1 ,0 0 0
1880
5 0 0 & c.
1895
1 ,0 0 0
1892
1892
1 ,0 0 0
1 ,0 0 0
1866
1 ,0 0 0
1888
1 ,0 0 0
1884
1 ,0 0 0
1884
1886
100
100
1 8 9 3 1 ,000<fcc
500
General F inances, Ac.—Vanderbilt road having a large business
greatly dependent on traffic from competitive points.
Bonds— P r i n o l
IN T E R E S T O R D IV ID E N D S .
p a l, W h e n D u e ,
Am ount
R a te p er W hen
W h e re P a y a b le , a n d b y
Slocks— L a s t
O u ts ta n d in g
C e n t.
P a y a b le
W hom .
D iv id e n d .
$ 1 ,5 0 0 ,0 0 0 S e e t e x t .
6 6 1 ,8 5 0 5 p e r a n .
1 .5 0 0 .0 0 0
5
1 .3 8 0 .0 0 0
8 0 0 ,0 0 0
t 8'
5
2 0 9 ,3 6 0
6
3 8 5 .0 0 0
6 5 ,0 0 0
6
5 8 4 .0 0 0
5 g.
4
6 1 ,5 0 0
3 7 5 .0 0 0
5 _
4 0 , 4 4 1 ,1 0 0 S e e t e x t .
5 .0 0 0 .
000 6
6 .0 0 0 .
000 7
9 2 3 .0 0 0
6
4^ & 6
1 0 .4 0 0 .0 0 0
4 *2 & 6
1 1 .8 5 0 .0 0 0
2 , 000,000
4 g.
1 5 .0 0 0 .
000
41sg..
10 .000 .
000 5 g.
6, 000,000
o
3 0 0 .0 0 0
412g..
1 .1 9 6 .0 0 0
3 7 5 .0 0 0
3 , 0 0 0 ,0 0 0
7*
4 , 4 1 2 , 5.
See te x t.
7 5 0 .0 0 0
1 .2 5 0 .0 0 0
5 s*
3 0 0 .0 0 0
6 g.
4 p er an
1 .0 2 5 .0 0 0
1 .1 7 5 .0 0 0 1 0 p e r a n
1 0 .3 2 5 .0 0 0
I 85 0 0 .0 0 0
F.
J.
J.
J.
J.
J.
A.
J.
J.
J.
J.
Q
J.
M.
J.
J.
J.
M.
J.
A.
M.
M.
J.
M.
J.
A.
A.
A.
J.
F.
F.
J.
J.
A A.
& J.
A J.
& J.
A J.
A J.
A O.
A J.
A J.
A J.
& J.
.-J .
& D.
& S.
A D.
& D.
& D.
A S.
& J.
& O.
& N.
& N.
A J.
A N.
A D.
& O.
& O.
A O.
A J.
& A.
& A.
& J.
& J.
N . Y . , G r i d C e n t . S t a t ’ n.
N . Y . , U n i o n T r u s t C o.
do
do
J u ly , ’ 9 3, co u p , la s t p d.
N . Y ., N a t. E x c li. B a n k ,
do
do
do
do
do
do
do
do
P h i l a . , 9 2 7 C h e s t n u t S t.
P h i l a . , 2 2 8 S o . T h i r d S t.
R e g .a to ffie e ; c p .B k .N .A .
P h i l a . O f . , 2 2 8 S o . 3 d S t.
do
do
R e g .a t o ilie e ;c p .B k .N .A .
P h i l a . , O f . , 2 2 8 S o . 3 d S t.
P h i l . , L e h . V a l . O f .A N . Y .
N .Y .,M e r c h .N . B k .A P h .
do
do
P h i l a . , O f . , 2 2 8 S o . 3 d S t.
S e e O ff., 2 2 8 S o . 3 d S t.
do
do
N . Y ., C e n tr a l T r u s t C o.
P h ila ., B k . N . A m e r ic a .
P h ila ., L e h ig h V a l. R R .
do
do
do
do
do
do
P h i l , o f f ic e , 2 2 8 8 . 3 d S t.
do
do
N . Y . a n d P h ila d e lp h ia .
P h ila d e lp h ia .
F eh . 1, 1896J a n ., 1 8 9 6
J u ly 1, 1934
J u ly 1, 1 9 1 2
J u ly 1, 1911
J u ly 1, 1917
1900 A 1912
J a n . 1, 1900
J u ly 1, 1920
J u ly , 1, 1 9 1 6
J u l y 1 , 1945See te x t.
J u n e 1, 1898
S e p t. 1, 1 9 1 0
D ec. 1, 1897
D eo. 1, 1923
Ir r e d e e m a b le .
S e p t, 1, 1945J u ly 1, 1 9 4 0
O c t. 1 , 1 9 4 1
M a y 1, 1 9 2 0
N o v . 1, 1 9 3 5
J an . 1, 1932
N o v . 1, 1942'
J u n e ,’ 9 6 A ’ 0 6
A p r . 1, 1 9 3 9
A p r . 1, 191 4
A p r . 1, 1 9 1 4
J u ly 1, 1 9 0 6
F eb . 1, 1 8 9 6
F eb . 1, 1 8 9 6
Jan. 1, 1933
J a n . 1, 19 1
N o t h in g lia s b e e n c h a r g e d to c o n s tr u c tio n o r e q u ip m e n t a c c o u n t s ir ee
1 8 8 3 , t h e o u t l a y s t h e r e f o r c h a r g e d t o o p e r a t i n g e x p e n s e s a m o u n t in g in
1 8 9 1 t o $ 1 1 8 ,0 8 9 f o r n e w e q u i p m e n t a n d $ 3 5 ,7 4 5 f o r c o n s t r u c t io n ,
th e s e ite m s b e in g e x c lu s iv e o f e x p e n d itu r e s f o r r e n e w a ls . P r o f i t a n d
l o s s s u r p lu s J a n . 1 , 1 8 9 5 , $ 1 1 ,8 3 4 ,8 0 5 .
L e h i g h V a l l e y . —( See Map ) — M a i n l i n e , J e r s e y C i t y , N . J., o p p o s i t e
N . Y . C it y , t o B u ffa lo , N . Y ., 4 4 4 m ile s ; b r a n c h e s t o A u d e n r ie d , T o m h ic k e n , H a z l e t o n , A c . , 5 6 2 m ile s ; L e h i g h & N e w Y o r k R R . , 1 1 5 m ile s ;.
S t a t e L i n e A S u l l i v a n R a i l r o a d , 2 4 m ile s .
T o t a l s y s t e m 1 ,1 4 5 m i l e s
s e c o n d t r a c k , 5 3 0 m ile s .
T r a c k a g e ; P e n n . R R . , 1 3 -6 m ile s ; N . Y . C e n t
r a l , 5 1 -3 m ile s ; s u n d r y t r a c k a g e , 2 9 m i l e s .
F or D epew A Tonaw anda
R K . see V . 62, p. 135, a n d V . 61, p. 1107.
A nnual R eport.—F i s 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 t i n g
is h e l d t h e f i r s t W e d n e s d a y in M a y a t C l e v e l a n d . R e s u l t s f o r 1 8 9 5 ,
D e c e m b e r b e in g p a r t ly e s tim a te d , a r e g iv e n b e lo w . T h e a n n u a l r e
p o r t f o r 1 8 9 1 w a s p u b lis h e d i n V . 6 0 , p . 7 7 3 , 7 9 1 .
H is t o r y , E tc .— C o m p a n y o p e n e d a t h r o u g h l i n e o f i t s o w n f r o m
N e w Y o r k t o B u ffa lo S e p t. 1 ,1 8 9 2 , a n d d is c o n tin u e d t r a c k a g e o f 1 8 8
m ile s o v e r t h e E r ie . L e a s e t o P h ila d e lp h ia A R e a d in g f o r 9 9 9 y e a r s
fr o m D e o e m b e r 1 ,1 8 9 1 , w a s t e r m in a t e d A u g . 8, 189 3 .
Years—
M i l e s o p e r a t e d ..........
1895.
1 ,4 4 9
1894.
1 ,4 4 9
1893.
1 ,4 4 9
1892.
1 ,4 5 4
T o t a l g r o s s e a r n in g s $ 2 0 ,8 1 3 ,9 0 3 $ 1 9 ,5 5 7 ,8 7 0 $ 2 3 ,6 8 5 ,9 3 2 $ 2 2 ,4 1 5 ,3 8 2
O p er. e x p . & ta x e s .
1 4 ,4 2 5 ,4 2 8 1 3 ,1 8 6 ,0 6 7 1 7 ,1 2 3 ,9 1 3 1 5 ,8 0 3 ,1 9 0
N e t e a r n in g s ....
P .o .o f o p .e x .to e a r ’g s
N e t , In o l. o th . i n c ’ m e
$ 6 ,3 8 8 ,4 7 5
$ 6 ,3 7 1 ,8 0 3
$ 6 ,5 6 2 ,0 1 9
$ 6 ,6 1 2 ,1 9 2
6 9 '3 1
$ 6 ,8 1 7 ,8 2 5
6742
$ 6 ,7 8 1 ,1 5 8
7 2 '2 9
$ 7 ,0 2 1 ,1 5 1
7050
$ 7 ,0 9 5 ,4 3 3
R e n t a l s p a i d ..............
6 0 7 ,0 0 0
$ 6 0 6 ,9 2 2
$ 5 9 7 ,3 9 5
$ 6 0 3 ,5 4 6
In te r e s t on d e b t ....
$ 3 ,1 2 9 ,0 0 0
3 ,1 5 1 ,9 4 7
3 ,1 7 3 ,7 6 2
3 ,2 0 1 ,7 1 0
D t v id ’ e o n g u a r. s ’k .
5 3 ,3 5 0
5 3 ,3 5 0
5 3 ,3 5 0
5 3 ,3 5 0
D i v i d e n d s ....................( 6 ) 2 , 9 6 7 , 9 9 0 (6 )2 , 9 6 7 , 9 9 0 (6 )2 ,9 6 7 ,9 9 0 (6 )2 ,9 6 7 ,9 9 0
S u r p lu s o v e r d i v s .
$ 6 0 ,4 8 5
$949
$ 2 2 8 ,6 5 4
$ 2 6 8 ,8 3 7
— (V . 5 9 . p . 4 2 3 , 7 8 0 , 9 6 9 ,1 1 0 4 ; V . 6 0 p . 3 9 1 , 7 7 3 , 7 9 1 , 9 2 9 , 1 1 2 9 ,
114 5 ; V . 61, p . 3 66, 925, 1087, 1 1 0 7 ; V. 62, p. 4 149
L a k e
S lio r e
S y s te m .— M a h o n in g
C o a l R R . - O w n s fr o m
Y o u n g s t o w n t o A n d o v e r , O ., a n d b r a n c h , 5 0 m ile s . L e a s e d i n p e r
p e t u i t y f o r 4 0 p e r c e n t o f g r o s s e a r n i n g s t o L a k e S h o r e , w h ic h J a n . 1 ,
1 8 9 4 , o w n e d $ 8 6 5 ,9 0 0 o f it s c o m m o n a n d $ 3 9 9 ,5 0 0 o f it s p r e f e r r e d
s t o c k . T h e p r e f e r r e d s t o c k c e r t i f i c a t e s c o n t a i n a c la u s e m a k i n g t h e m
r e d e e m a b l e a t p a r a t o p t i o n o f C o m p a n y , b u t i t is u n d e r s t o o d t h e
o p t io n w i l l n o t b e e x e r c is e d .
D iv id e n d s p a id o n c o m m o n s t o c k :
I n 1 8 8 9 41a p . c .; in 1 8 9 0 , 5 ; In 1 8 9 1 , 4k>; i n 1 8 9 2 , F e h . S k i; A u g . , 3 ;
i n 1 8 9 3 . 8 p . c .; in 1 8 9 4 , 8 p . c . ; i n 1 8 9 5 , 1 0 p . c . ; i n 1 8 9 6 , F e b . , 7 p . c.
I n 1 8 9 4 r e n t a l $ 2 5 8 ,7 3 9 , a g a i n s t $ 2 4 5 ,1 3 4 in 1 8 9 3 ; d e f i c i t u n d e r i n t e r
e s t a n d d iv id e n d s , $ 7 3 8 .
(V . 6 0, p . 7 9 1 ) .
L e a v e n w o r t h T o p e k a & S o u th W e s t e r n R R . - O w n s f r o m
L e a v e n w o r t h t o M e r i d e n J u n c t io n , i n K a n s a s , 4 7 m ile s . U n i o n P a c i f i c
c e a s e d o p e r a t i n g t h is r o a d i n M a r c h , 1 8 9 4 . C . L . M c L e l l a n a p p o i n t e d
r e c e iv e r A p r i l 2 0. B ill o f fo r e c lo s u r e file d
in A p r il, J 8 9 4 . O f
t h e b o n d s $ 6 9 0 ,0 0 0 a r e g u a r a n t e e d b y U . P . , t h e b a l a n c e b y A t c h i s o n .
C o u p o n s d u e J a n . 1, 1 8 9 4 , w e r e n o t p a id .
A c c o u n ts p a y a b le w e r e
$ 1 ,0 4 6 ,3 5 0 J a n . 1 , 1 8 9 4 . I n 1 8 9 3 g r o s s $ 2 9 ,3 4 1 ; d e f i c i t f r o m o p e r a t i n g
$ 3 0 ,1 5 1 , a g a i n s t $ 3 0 ,7 3 5 i n 1 8 9 2 , i n t e r e s t c h a r g e s a n d t a x e s , $ 6 4 ,1 0 8 .
- ( V . 5 8 . P . 4 3 0 , 5 1 2 , 7 1 6 ; V . 6 2 . p . 1 8 6 .)
L e h i g h Sc H u d s o n R i v e r . — O w n s f r o m G r e y c o u r t , o n E r i e R o a d ,
t o B e l v i d e r e , N . J ., 6 3 m ile s , o n t h e P e n n s y l v a n i a R R . P r o p r i e t a r y
l i n e s : O r a n g e C o u n ty R R . (e n tir e s to c k o w n e d — n o b o n d s is s u e d ), H u d
s o n J i m o t i o u t o M a y b r o o k . N . Y . , o n P . R . A s. E . (P o u g h k e e p s i e B r i d g e
r o u t e ) , 11 m ile s ( in c h t r a c k a g e 2 i n . ) ; S. E . & P . R R . , P h i l l i p s b u r g t o
E a s to n , 1 m ile ; tr a c k a g e , P e n n . R R ., B e lv id e r e to P h iliip s h n r g , 13
m i l e s ; o t h e r m i l e a g e , 2 m i l e s ; t o t a l o p e r a t e d , 9 0 m ile s .
Or g a n iz a t io n .—I n
A u g u s t , 1 8 8 8 , t h e ’ C e n t r a ] of N. J. p u r c h a s e d
a b o u t o n e - t h ir d t h e c o m p a n y 's s t o o k , a n d t h is , w i t h t h e s t o c k h e ld
b y t h e L e h i g h C o a l & N a v . C o ., o o n t r o ls t h e r o a d .
S t o c k , $ 1 ,3 4 0 ,0 0 0 ;
p a r , $ 1 0 0 . W a r w ic k V a lle y 1 s t m o rt. c o v e r s 15 m ile s o f ro a d , a n d
b o n d s m a tu r e O c t. 1, 1 9 0 0 ; 2 d m o r t. c o v e r s 2 2 m ile s a n d b o n d s
m a tu r e A p r i l 1 ,1 9 1 2 .
L o a n s a n d b ills p a y a b le D e c . 3 1 .1 8 9 5 , w e r e
$ 1 0 8 ,5 0 0 a g a i n s t $ 3 9 6 ,4 8 9 o n D e o . 3 1 , 1 8 9 4 ; c a r t r u s t s , $ 8 6 ,8 6 7 .
L atest E a r n in g s .—F r o m Jan. 1 to M a r . 3 1 , 1 8 9 6 , 3 m o n t h s , g r o s s
$ 9 7 ,5 3 8 , a g a i n s t $ 1 0 2 ,0 9 6 i n 1 8 9 5 . F o r s i x m o n t h s e n d i n g D e c . 3 l ’
1 8 9 5 , s u r p lu s o v e r c h a r g e s w a s $ 9 ,0 3 8 , a g s t . d e f i c i t o f $ 4 ,8 4 5 i n 1 8 9 4 ’
A n n u a l R e po rt .—F o r
y e a r e n d in g J u n e 3 0 ,1 8 9 5 , in V . 6 1 , p . 3 2 2 .
Gross.
Net.
Int.<t taxes. B al.,sur.
1 8 9 4 - 9 5 ...................................$ 4 3 1 ,6 7 5
$ 1 5 4 ,3 1 1
$ 1 4 1 ,4 2 7
$ 1 2 ,8 8 4
1 8 9 3 9 4 ................................... 5 2 5 ,0 1 3
1 5 0 ,7 7 6
1 4 3 ,1 1 7
7 659
1 8 9 2 - 9 3 ................................... 5 5 1 ,2 8 9
1 8 5 ,7 0 8
1 3 4 ,4 0 3
51 305
G r in n e ll B u r t. P r e s id e n t, 8 0 B r o a d w a y , N . Y . C ity .
(V . 5 9 . n . 291
4 2 1 , 1 0 0 7 , 1 0 5 6 ; V . 6 0 , p . 3 4 9 , 9 2 9 ; V . 6 1 , p . 3 2 2 , 1 0 6 4 ; V . 6 2 , p .3 6 4 . )
L e h i g h Sc N e » v E n g l a n d R R . —O p e r a t e s r o a d f r o m S l a t i n g t o n ,
P a ., t o C a m p b e ll H a ll. N . Y . , 9 6 m ile s , o f w h ic h t h r e e s e c tio n s , a g g r e
g a t i n g 4 4 m ile s , b e l o n g t o o t h e r c o m p a n ie s . C o n n e c t i n g l i n k b e t w e e n
P e n A r g y l e a n d B e n d e r 's J u n c t io n , P a . , 8 m i l e s , w a s u n d e r c o n s t r u c
t io n in M a r c h , 1 8 9 6 , t o r e p la c e t r a c k a g e .
H istory.—A r e o r g a n i z a t i o n i n A p r i l , 1 8 9 5 , o f t h e P e n n s y l v a n i a
P o u g h k e e p s i e & B o s t o n , s o ld i n f o r e c l o s u r e D e c . 1 4 , 1 8 9 4 .
Stock and Bonds.—C a p i t a l s t o c k is $ 1 , 5 0 0 ,0 0 0 , p a r $ 5 0 . M o r t g a g e
is f o r $ 1 ,0 0 0 ,0 0 0 g o l d 5 p . c. 5 0 - y o a r b o n d s , o f w h i c h $ 3 7 5 , 0 0 0 r e p r e
s e n t p u r c h a s e p r ic e a n d b a la n c e f o r im p r o v e m e n t s a n d e x te n s io n s
M o r t g a g e a n d s t o c k is s u e a u t h o r i z e d J u l y 9 , 1 8 9 5 . (S e e V . 6 1 , p . 1 1 2 .)
Directors.—W i l l i a m J a y T u r n e r , P r e s i d e n t , W i l l i a m B . S c o t t . J o h n
V . M o f f l y , J o s e p h F . S in n o t t , W . W . G ib b s , W . W . K u r t z a n d S i m o n
P fa e lz e r . V . 60, p. 6 06, 8 3 5 ; V . 61, p. 6 9 ,1 1 2 ; V . 62, p . 134
Co a l P r o p e r t y .—T h e L e h i g h V a l l e y R R . C o . o w n s 3 ,6 1 9 a c r e s o f
c o a l l a n d s a n d a l l t h e ($ 6 5 0 , 0 0 0 ) s t o c k o f t h e L e h i g h V a l l e y C o a l C o . ,
w h ic h i n D e c e m b e r , 1 8 9 3 , o w n e d a n t h r a c i t e c o a l a n d s u r f a c e l a n d s
as fo llo w s :
Total acres. Coal acres.
Est'd. yield .
O w n e d i n f e e .......................................... 1 5 ,2 1 7
7 ,2 4 2
1 2 4 ,0 0 0 , 0 0 0
P e r p e t u a l l y l e a s e d .............................. 8 ,1 2 3
5 ,7 4 1
1 1 1 ,0 0 0 , 0 0 0
1 ,7 0 8
4 7 ,0 0 0 ,0 0 0
T e r m l e a s e s ............................................ 1 ,7 0 8
C o n t r o l s t h r o u g h s t o c k o w n e d . . 9 ,2 2 9
4 ,5 1 9
5 0 ,0 0 0 ,0 0 0
T h e r e a r e 5 4 c o l l i e r i e s , w i t h a d a i l y c a p a c i t y o f a b o u t 3 0 ,0 0 0 t o n s .
S e e a ls o V . 6 2 , p . 3 6 4 .
T h e C o a l C o . i n 1 8 9 4 * 9 5 s h i p p e d f r o m c o l l i e r i e s o w n e d 2 ,6 1 9 , 9 6 0
t o n s , a g a i n s t 2 , 0 6 1 ,1 1 5 t o n s i n 1 8 9 3 - 9 4 , 1 , 7 4 8 , 5 4 5 t o n s i n 1 8 9 2 - 9 3 a n d
1 , 4 5 4 ,2 6 2 i n 1 8 9 1 - 9 2 .— V . 6 2 , p . 1 3 5 .
D iv id e n d s — )
S i n c e '8 5 . P . c t . >
'8 6 .
4
'8 7 .
-1J-2
'8 8 .
5
'8 9 .
5
'9 0 .
5
'9 1 .
5
'9 2
5 '-4
'9 3 .
4
none
s in c e .
B onds .— T h e consolidated m o r t . o f 1 8 7 3 ( t r u s t e e , F i d e l i t y I n s u r a n c e .
T r u s t A 8 . D . C o . o f P h i l . ) is f o r $ 4 0 , 0 0 0 ,0 0 0 , o f w h i c h $ 1 2 ,0 0 0 ,0 0 0 a r e
r e s e r v e d t o r e t i r e $ 1 1 ,0 0 0 ,0 0 0 p r i o r l i e n s w h e n d u e . T h e b o n d s a r e
is s u e d i n t h r e e s e r ie s , o f w h i e h t h e s t e r l i n g is s u e , “ class A,” is s u b j e c t t o
c a ll a t p a r i n in c r e a s m g a m o u n ts e a c h y e a r , $ 3 9 9 ,0 0 0 b e in g t h e a m o u n t
r e t i r e d i n 1 8 9 5 . A s e c o n d s e r i e s is c o m p o s e d o f t h e “ c o u p o n a n d r e g
i s t e r e d ” b o n d s , w h i c h a r e n o t s u b j e c t t o c a l l , b u t w h ic h p r i o r t o N o v .
1 3 ,1 8 9 3 , w e r e c o n v e r t ib le a t o p t io n o f h o ld e r s in t o b o n d s o f t h e t h ir d
s e r ie s , t h e s e l a s t b e i n g annuity bonds a n d i r r e d e e m a b l e , n e v e r f a l l i n g
d u e e x c e p t i n c a s e o f d e f a u l t . A l l t h e s e is s u e s a r e e q u a l l y s e c u r e d .
L e h i g h V a l l e y C o a l C o . f i r s t s f o r $ 1 0 ,2 8 0 ,0 0 0 h a d b e e n l i s t e d o n N e w
Y o r k S to o k E x c h a n g e to A p r il, 1896.
G u a r a n t ie s .—E a s t o n 11 Northern K it .— R o a d f r o m B e l f a s t t o E a s to n * P a . , 8 m i l e s ; b r a n c h t o L e h i g h V a l l e y R R . a t S o u t h E a s t o n , 4 m ile s *
L e a s e d f o r 5 y e a r s f r o m A u g . 1, 1 8 9 3 , t o B a n g o r A P o r t la n d R y .
C a p i t a l s t o c k is $ 2 0 0 ,0 0 0 . L e h i g h V a l . g u a r a n t e e s b o n d s . ( V . 6 2 , p . 1 3 5 . )
E lm ira Cortland d) N orthern R R .— T h i s r o a d , w i t h t h e C a n a s t o t a
N o rth e rn , ru n s fr o m E lm ir a to C a n a s to ta a n d C a m d en , N . Y ., 14 0
m ile s . T h e s t o c k , $ 2 , 0 0 0 ,0 0 0 , is o w n e d b y t h e L e h i g h V a l l e y , w h i c h
g u a ra n te e s th e b on ds. V . 62, p. 364.
Lehigh Talley Railway Co. o f New York .— O w n s r o a d f r o m B u f f a l o ,
N . Y . , t o n e a r S a y r e , P e n n ., 1 7 5 m ile s d o u b le tr a c k , a i d b r a n c h e s t o
I t h a c a , A u b u r n , C a y u g a , e t c . , I l l m ile s ; t o t a l , 2 8 6 m ile s .
S to c k a ll
o w n e d b y L e h i g h V a l . RR. M o r t g a g e a b s t r a e t i n V . 5 1 , p . 1 1 4 a n d V .
5 4 , p . 2 0 3 , 9 6 5 ; V . 5 9 , p . 9 2 9 ; V . 6 1 , p . 4 7 1 , 1 0 1 3 ; V . 6 2 , p . 4 1 4 .)
LehighValley Term inal Railway .— O w n s d o u b l e - t r a o k r o a d f r o m S o u t h
P la in fie ld , N . J ., to J e r s e y C it y , w it h a b o u t 1 2 5 a o re s a t J e r s e y C it y a n d
la r g e w a t e r fr o n t t h e r e a n d o t h e r p r o p e r t y ; it s s to c k o f $ 1 0 ,0 0 0 ,0 0 0
is o w n e d b y t h e L e h i g h V a l l e y R R .
(S e e V . 5 3 , p . 6 4 0 , 8 8 0 .)
C e n tra l
T r u s t C o . t r u s t e e . C a r t r u s t s $ 1 , 0 0 0 ,0 0 0 .
a
Middlesex Talley .— R o a d f r o m N a p l e s t o G e n e v a , N . Y . , P29 m i l e s ,
P u r c h a s e d in D e c e m b e r , 1 8 9 5 , a n d b o n d s d u e 1 9 4 2 , g u a r a n te e d , p r in
c ip a l a n d in t e r e s t (e n d o r s e d ) b y L e h ig h V a lle y , w h ic h o w n s a l l t h e
s to c k .— V . 6 1, p . 1 0 1 3 ; V . 6 2 , p . 13 4 .
M orris Canal. — L e a s e d f o r 9 9 9 y e a r s a n d d i v i d e n d s g u a r a n t e e d .
B o n d s a ll o w n e d b y L e h ig h V a lle y . W a te r - s h e d s u p p lie s c i t y o f N e w a r k
w ith w a t e r . S e e V . 5 0 , p . 1 3 7 .
Pennsylvania (t New York Canal & R ailroad .— L e a s e d f o r 9 9 y e a r s
fr o m D e c e m b e r 1 ,1 8 8 8 , t o L e h ig h V a lle y , w h ic h h a s a ss u m e d it s d e b t
a n d o w n s a l l i t s s t o c k . G e n e r a l m o r t g a g e b o n d s o f 1 8 8 9 (t r u s t e e , G i r a r d
L i f e I n s u r a n c e C o .) a r e r e s e r v e d t o t a k e u p p r i o r b o n d s w h e n d u e . T h e
s e v e r a l is s u e s o f P . A N . Y . C a n a l A R R . c o n s o l s a r e a s f o l l o w s a n d a r e
g u a r a n t e e d p r in c ip a l a n d in t e r e s t b y th e L e h ig h V a l l e y : $ 4 ,0 0 0 ,0 0 0
o f 5 p e r c e n t s , $ 3 ,0 0 0 ,0 0 0 o f 4 s ; $ 1 ,5 0 0 ,0 0 0 o f 4 ^ s , i s s u e d I d 1 8 9 5 t o
r e t ir e a lik e a m o u n t o f 7 s d u e in J u n e , 1896.
In D ecem b er, 1895,
t h e r e w e r e $ 8 ,5 0 0 ,0 0 0 c o n s o l s is s u e d , i n c l u d i n g t h e $ 1 , 5 0 0 ,0 0 0 o f 4 ^ 8
a b o v e m e n tio n e d .
Lehigh <6 New York .— T h i s r o a d ( f o r m e r l y S o u t h e r n C e n t r a l ) , r u n s
fr o m N . Y . S ta te L in e n e a r E a s t W a v e r ly to F a ir lia v e n , o n L a k e
O n ta r io , 1 1 5 m ile s , L e h ig h V a l l e y R R . g u a r a n t e e s t h e b o n d s b y e n
d o r s e m e n t o n e a c h .— V . 6 1, p . 5 5 8 ,7 5 0 ; V . 6 2 , p. 13 4 .
Lehigh Valley Coal
C o .— S e e “ C o a l P r o p e r t y ” a b o v e .
G e n e r a l F in an c es .—C o m p a n y
r e p o r te d flo a t in g d e b t N o v . 3 0 ,1 8 9 5 ,
o f $ 2 , 4 9 8 ,2 5 4 , c o n s i s t i n g o f f o u r s e r i e s o f n o t e s m a t u r i n g i n A p r i l ,
M a y , J u n e a n d J u ly , 1 8 9 6 . T o p r o v id e f o r t h i s d e b t a n d f o r o t h e r p u r
p o s e s $ 6 ,0 0 0 ,0 0 0 o f L e h ig h V a l l e y C o a l C o . 5s w e r e s o ld in J u ly , 1 8 9 5 .
T h e r e w a s d u e t h e L . V . T e r m i n a l R y . ( N o v 3 0 , 1 8 9 5 ), $ 1 , 4 5 9 , 8 0 7 .
R e a l e s t a t e m o r t g a g e s a g g r e g a t e $ 3 4 7 ,5 7 4 .
F eb . 20, 1896, to o k
p o s s e s s io n o f t h e E l m i r a C o r t . A N o r t h e r n , g u a r a n t e e i n g i t s b o n d s .
I
' C AM O C N ’ k
■ORON«
*>
N O R T H r A »«
v^*,. ftd (o n
k v w t f ^ s jj.
vwhmi*’
o WiRtertown
^m flt R» !
CAR &9LTOTA j
..v* >v
oCmudan
9U*RC.NSJON jjRtefofc*ft^S/’ .0
C n lH lon iii
TH R O U G H
'Artful «}•-'’
R O U TE
NEW YORK TO CHICAGO
Poring* y<i \
j :-Tom ton
MafwtiMjuT
Hhford
7/tatUmif/ua
! ^uitiiteo
•s
JlwotvT
i f Flftaiisg villa
ktakXit
r* a
o
«
K M tt4
Qw h » > '"
W
.■
t w ilo r fik ftr tri
TOW ANORl
CVntre
:QUIi«
-..
/ “,< KJitmi’ilte
\ *w y '
f:
«
M<mU«41of
ilojtvUK*
'*'*mr*
Ttoul 15HO
» »««/*
)>
t iu s a ^ w n V M v f n U ;
}
&
C^l'mjdx U.
1
Ct*aiRRHt»|jrr
CkMti (lim ko^A
;*MLMA****»t)*t
Fall* Qvvi'kj{
9
%
Stti«i«:4j.vSi.||\
Karr**
iRfftwooil
Mtvernaite
fiA ia
Ilitrrl
K »7 u > 3 v ^ j
B r o c k wojr V,
litillM
t
Jfl IlH'IHfOWU
Fo*bHn
VAt*
‘ a ll . Jt-rfrm m LI ih
* S 3 jd U t*
A T-nrfk'Ui
. X
foow Slnvpi
lltJfh'l*
‘ J te
IHM* ^ l
'^
^
w ,»jii* ji£ w ’
F rw p o rl'
‘CnM«i
Tyrone-
*0 T T % V ‘
L tE H i
P IT T S B U R G
MAP
I
4 1
a.
<5
’ r c »m4pn
O d ra
\jM kp / ,
Halfinmim
02
V
iv>w*,5yy.
Maohla# J<*.
OF
THE
L E H I G H VA L L E Y
RAILR OA D
H Afim &BiM '
rT T U J *
, ^
T
.vVTRCH'TON LtJ '
um
IM r
i
INVESTORS’ SUPPLEMENT.
•4
[V o l. L X II.
S u b sc 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 by giving; I m m e d i a 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 In th e se T a b l e s .
R A IL R O A D S .
Bonds—P r t n c l .
IN T E R E S T O R D IV ID E N D S .
p a l,W h e n D u e
Am ount
R a te p er W h en
W h e re P a y a b le , a n d b y
Stocks— L a s t
O u t s t a n d in g
C e n t.
P a y a b le
W hom .
D iv id e n d .
S iz e , o r
D a te
- M ile s
Par
of
1 of
R o a d . B o n d s V a lu e .
o n f i r s t p a g e o f t a b le s .
Lehigh Valley - ( Concluded.)
L . V . T e r m i n a l R y . o a r t r u s t s , $ 1 ,0 0 0 ,0 0 0 , g o l d .
M ,, $ 1 ,0 0 0 ,0 0 0 , g o l d . . c ’
G en e ra l m o rtg a g e .
L im a Northern Ry.—1 s t M ., $ 1 ,2 0 0 ,0 0 g o ld
Litchfield C arroll ,£• West.—R e c e i v e r ’ s e e r tith
1 s t m o r t g a g e ( $ 1 0 , 0 0 0 p e r m i l e ) g o l d ....................o '
.
Lexington it Eastern — 1 s t
92
52
....
2
S t r e e t o o n . 2 d m o r t . (n o w 1 s t . ) .............................
R e n e w a l m o r t g a g e ......................................................
B e t t e r m e n t b o u d s ($ 3 ,0 0 0 ,0 0 0 ) c o n v e r t i b l e .
84
84
133
28
Lillie Schuylkill Nac. RR. it Coal—S t o c k ....................
Long Islaild — S t o c k ...............................................................
94
158
180
180
1 s t m o r t ., m a in lin e , L . I . C i t y t o G r e e n p o r t . . - . e ‘
C o n s o l, m o r t g a g e , g o l d , $ 5 ,0 0 0 ,0 0 0 ..........................
G e n e r a l m o r t g a g e , g o l d ................................................ o'
M e t r o p o l i t a n F e r r y C o . 1 s t M ., g o l d , r e d . a t 1 1 0 . 0 ’
L . I . R R . m o r t . o n f e r r y f o r $ 2 ,7 5 0 ,0 0 0 , g o l d . . . o ’
M o r t g a g e b o n d s o f 1 9 3 2 f o r $ 5 0 0 ,0 0 0 , g o l d ..........
D e b e n t u r e ($ 1 ,5 0 0 ,0 0 0 ) g o l d , n o t s u b je c t t o c a l l . .
N e w Y o r k A F l u s h i n g 1 s t m o r t g a g e , a s s u m e d ____
B r o o k ly n & M o n t a u k 1 s t M ., $ 2 5 0 ,0 0 0 a r e 6 s ...o *
2 d M ., g ., a s s u m ., B u s h . S ta . t o E a s t p . A b r s . c ’
L o n g I s l a n d C i t y A F lu s h in g 1 s t M ,. a s s u m e d ..o *
C o n s o l, m o r t g a g e g o l d , a s s u m e d ......................... o"
N e w Y o r k A R o c k a w a y 1 s t m o r t . , ln t . o n l y g u a r ..
8 m lt h . & P t . J e f f e r s o n , 1 s t m o r t g a g o , g u a r a n t e e d
L . I . R K . N o r t h S h .B r .c o n s o l.M .$ 1 ,5 0 0 ,0 0 0 ,g u a r . c "
N . Y . B a y E x t . R R . 1 s t M . g o l d , g u . p . & 1., e n d . e
M o n t a u k E x t . R R . 1 s t M ., g u .p . A i. , $ 6 0 0 , 0 0 0 , g . c '
_
1 6*2
2
l
s
76
76
18
18
3L>
19 (
30*
6
1895
1894
1894
1895
1 ,0 0 0
1 ,0 0 0
1886
....
1 8 6 4 -8
1882
1892
1887
1868
1878
1881
1888
1887
1892
1892
1894
1880
1881
1888
1881
1887
1871
1871
1892
1893
1895
50
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
50
50
500
100 &c
1 ,0 0 0
1 ,0 0 0
500
Ac
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
500
500
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
O n D e o . 2 , 1 8 9 5 , $ 3 3 9 ,0 0 0 o f “ C la s s A ” o o n s o l. 6 s w e r e p a i d a t p a r
b y s i n k i n g fu n d . V . 6 1 , p . 6 6 1 . D i v i d e n d s , p a i d r e g u l a r l y f o r 3 5 y e a r s ,
I n 1 8 9 3 w e r e d is c o n t in u e d
30*—
E a r n i n g s f r o m c o a l .........
M i s c e lla n e o u s f r e i g h t . . .
P a s s e n g e r s ...........................
M a i l , e x p r e s s , e t c ..............
1895.
$ 3 ,4 7 0 ,8 5 9
6 ,8 4 9 ,0 6 2
2 ,3 1 6 ,5 4 0
9 2 7 ,9 9 3
1894.
$ 8 ,3 9 1 ,5 4 2
5 ,9 8 2 ,8 5 8
2 ,1 0 4 ,6 7 7
8 5 1 ,5 1 7
1893.
$ 9 ,2 2 5 ,0 2 7
6 ,0 0 9 ,4 2 0
2 ,6 0 6 ,0 2 6
7 7 0 ,3 0 4
T o t a l g r o s s .................. $ 1 8 ,5 6 4 ,4 5 4
O p . e x p s . J n c l. r e n t a l s . . . . 1 4 ,0 2 8 ,4 5 3
$ 1 7 ,3 3 0 ,5 9 4
1 3 ,3 2 0 ,8 2 9
$ 1 8 ,6 1 0 ,7 7 7
1 2 ,7 0 5 ,3 6 0
N e t e a r n i n g s ................
t n c . f r o m i n v e s t . ,& c . n e t .
$ 4 ,5 3 6 ,0 0 1
8 9 8 ,3 4 6
$ 4 ,0 0 9 ,7 6 5
8 4 1 ,4 9 2
$ 5 ,9 0 5 ,4 1 7
3 6 3 ,2 3 3
T o t a l n e t i n c o m e ____
S o u t li’ n C e n . p r o p o r t ’ n ..
i n t e r e s t o n d e b t ..............
G e n ’ l e x p . , i n c l. t a x e s . . .
D i v i d e n d s ............................
$ 5 ,4 3 4 ,3 4 7
5 ,7 0 9
4 ,2 9 4 ,3 8 0
4 9 1 ,4 1 6
$ 4 ,8 5 1 ,2 5 7
2 1 .7 4 8
4 ,2 7 3 ,7 4 0
4 2 8 ,6 9 9
$ 6 ,2 6 8 ,6 5 0
2 5 ,6 8 4
4 ,1 7 9 ,8 6 0
5 2 2 ,3 7 7
1 ,0 1 6 ,3 4 3
_______
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 . — O w n s fr o m B a r n e tt to C o
lu m b ia n a , 111., d 2 m ile s . T h i s r o a d , f o r m e r l y o p e r a t e d b y t h e C. P . &
S t. L ., w a s r e t u r n e d t o it s o w n e r s in N o v . , 1 8 9 3 . I n M a y 1 8 9 4 C ET
B o n d h o ld e r s ’ C o m m itte e ah v is e d
b o n d h o ld e r s t o w i t h d r a w t h e i r b o n d s d e p o s i t e d u n d e r t h e a g r e e m e n t
X ™ 1 , P ‘ 1 6 4 - 8 t o c ^ ’ W O , 0 0 0 ; p a r $ 1 0 0 . C o n s o l, m o r t g a g e f o r
$ 1 5 ,0 0 0 p e r tu i l e w a s a u t h o r i z e d In A p r i l , 1 8 9 3 . R e c e i v e r ’ s c e r t if ic a t e s .
SKI ‘Z.’ I.IM lO
Jcn r VB!l.l* m u lin r r lm >/> O A
1 on ,-n■
$ 1 2 5 ,0 0 (5 . F
o r y e a r e n d i n g J u n e 3 0 , 1895“,'
o t o s s , $ 5 9 ,5 4 7 ; d e fic it
u n d e r o p e rm
a t i n g e x p e n s e s , $ 1 9 ,3 2 8 , (V . 6 1 , p . f o
_ 1 0 6 4 ; V . 6 2 , p . 4 0 .)
L i t t l e M i a m i . —O w n s f r o m C in c in n a t i, O ., t o S p r in g f ie ld , O .. 8 4
v ' n i 8,.’ R p aU v a ,,,L,e ir la ' f ° ' i , t ‘ ! D ^ t o n i O ., 1 6 m i l e s ; le a s e s , 'C o lu m b u s &
X e n i a R R . , X e n i a , O ., t o C o lu m b u s , O lu o , 5 5 m i l e s ; D a y t o n A W e s t e r n
o 5 v DuJ,t 0?> P - j t 0
S t a t e L i n e , 3 8 m i l e s ; O h io S t a t e L i n e t o
R lo h m o n d , I n d . , 4 m .; C m . S t. C o n n e c t in g R R . , 2 m .; t o t . o p e r a t e d , 1 9 9 m .
L k a s e .— O n D e c . 1 , 1 8 6 9 , l e a s e d t o P i t t s b u r g C in c in n a t i & S t. L o u i s
( n o w P i t t s b u r g C in c in n a t i C h ic a g o A S t. L o u i s ) f o r n i u e t y - n i u e y e a r e '
r e n e w a b l e f o r e v e r . T h e P e n n . R R . C o . is a p a r t y t o t h e c o n t r a c t a n d ’
ita f a i t h f u l e x e c u t io n .
R e n t a l is 8 p e r c e n t o n $ 4 9 4 3 l o o
s t o c k a n d i n t e r e s t o n d e b t . T h e r e is $ 1 0 0 ,0 0 0 6 p e r c e n t p e r m a n e n t
c a p i t a l i z e d d e b t ; i n t e r e s t J . & J . L e s s e e ’ s r e p o r t f o r t h is r o a d s h o w s
n e t l e s s t o l e s s e e ; I n 1 8 8 7 , $ 2 9 8 ,4 0 5 ; i n 1 8 8 8 $ 4 2 1 3 5 5 - m i s s q
1 1 8 9 ‘i ' § 2 2 1 ,9 2 7 .
S t o c k a u t h o r iz e d , $ 8 ,0 0 0 ,0 0 0
B onds. In J a n u a r y , 1890, stockholders authorized $3,000,000 7
o e n t bonds ( t o bo is s u e d t o the lessee from time to time in payment
per
for
betterments), and also $3,000,000 stock, into which the bondVshall be
convertible. July 1,1894, $250,000 firsts falling due were paid.
c e iv e r . E x te n s io n , L it t le R o c k t o W is ta r J u n c tio n , L T .T p ro ^ o s e d F o r a '
c lo s u r e s a le p o s t p o n e d t o M a y 1 2 , 1 8 9 6 .
v i w ou. * o ie
R e o r g a n i z a t i o n .— B o n d h o ld e r s *
c o m m itte e
c o n a iq ts
nf
t>
H
S m i t h ^ H e m v S t r e e t , N V i T i g u s t u s ' ’5 ? J t o l l i a t o , James
H . S m it h , H e n r y D o C o p p e t a n d H e n r y K . S h e ld o n .
S e c re ta ry o f
E x e c u t i v e C o m m i t t e e J a m e s H . S m it h , 1 0 W a l l S t., S Y . D e p o s i t a r y !
J. A J.
Q .— M .io
V a r io u s
M. & N.
A . & O.
M. A 8.
J. & J.
O .— F .
m ; & n .
F. A A.
Q .-J .
J. & D .
M. & N.
M . & S.
J. A D.
J. & D.
M. & 8.
M. A 8.
J. A D .
M. & N.
M. A N.
A . A O.
M . & S.
Q .— J .
J . A J.
J. & J.
J a n . 1, 1 9 1 6
M c h . 1 0 ,1 8 9 6 1898
N o v . 2, 1912
A p r . 1, 1 9 3 2
S e p t. 1, 1 9 3 7
J a n . 10, 1896
M a y 1, 1 8 9 6 M a y 1, 18 9 8
A u g . 1, 1918
J u ly 1, 1 9 3 1
J u n e 1, 1938
N o v . 1, 1 9 3 7
M ch . 1, 1922
J u n e 1, 1932
J u n e 1, 1 9 3 4
M c h . 1, 1 9 2 0
M ch . 1, 1911
J u n e 1, 19 3 8
M a y 1, 1911
M a y 1, 1 9 3 7
A p r . 1, 19 0 1
S e p t. 1, 1 9 0 1
O c t. 1, 1 9 3 2
J a n . 1, 1 9 4 3
J an . 1, 1 9 4 6
C l i n t o n t o T a m a n e n d , 2 8 u iile s .
A R e a d in g f o r 93 y e a rs .
J u l y , ’ 9 3 c o u p , l a s t p a id
G in n .,O ffic e , 1 s t N a t . B k .
do
do
N . Y ., B a n k o f A m e r ic a .
do
do
S ee te x t.
P h ila ., O f., 4 1 0 W a ln u t
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
do
do
do
do
do
do
do
do
N . Y . , C o r b in B a n k ’ g C o .
$ 3 ,1 4 5 ,0 0 0
Leased
J u ly 7,
1 8 6 8 , to P h ila d e lp h ia
L o n g I s la n d R R . —O p e r a t e s p r a c t i c a l l y a l l t h e s t e a m s u r f a c e
r o a d s o n L o n g I s l a n d , a d j o i n i n g N e w Y’ o r k C i t y , t h e s y s t e m i n c l u d i n g :
f l l/l 11e —
1r." Inn
r
/«TTTTt..
.
. r-. ,
Owns
'
Miles.
Leases—
(IT W h i c h s e e .) Miles.
L o n g I s l a n d C i t y t o G r e e n p o r t , 9 5 f l e w Y o r k A R o - k a w a y .................3 L 3
L o n g I s l a n d C it.v t o G t . N e c k . . 1 4 N . Y . B ’ k l y n & M a n . B e a c h I f . . 2 0
B u s h w i c k t o S a g H a r b o r ............ 9 7
S u n d r y b r a n c h e s ................ ......... 8 3
T o t a l J u n e 3 0 , 1 8 9 5 ............... 3 6 8
D o u b le t r a c k
.................................. 9 1
T o t a l o w n e d ................................ 2 8 9
S id e t r a c k s ........................................... 1 0 ®
B r o o k l y n A J a m a i c a R R ............ 1 0
Operates—earnings kept separate.
N o r t h S h o r e B r a n c h R R .............. 3 0 N . Y . & R o o k a w a y B e a c h R R . V 1 2
M o n t a u k E x t . R R .......................... 2 1
P r o s p e c t P k . & C o n e y I s l a n d . f 13Or g a n iz a t io n , St o c k , E tc .— C o n t r o l w a s a c q u i r e d i n D e c e m b e r ,
1 8 8 0 , b y th e “ L o n g Is la n d C o m p a n y ,” c o n t r o lle d b y A u s t in C o r b in
a n d o th e rs .
I n J u l y , 1 8 8 1 , t h e s t o c k w a s in c r e a s e d f r o m $ 3 , 2 6 0 , 7 0 0 t o
$ 1 0 , 0 0 0 ,0 0 0 , a n d in 1 8 8 9 t o $ 1 2 , 0 0 0 ,0 0 0 t o p u r c h a s e B r o o k l y n & M o n t ’ k .
D iv id e n d s .— I n 1 8 8 2 , 1 ; f r o m 1 8 8 3 t o 1 8 9 0 , b o t h i n c l u s i v e , a t th e *
r a t e o f 4 p e r c e n t p e r a n n u m ; i n 1 8 9 1 , 4 ^ 2 ; i n 1 8 9 2 , 5 ; in 1 8 9 3 , 5 n c •
i n 1 8 9 4 , 4.H p . e .; i n 1 8 9 5 , 4 p . c . ; in 1 8 9 6 , F e b . , 1 p . o .; M a y , 1 p . c .
B onds .—C e n t r a l T r u s t C o . Is t r u s t e e o f general mortgage o f 1 8 8 8 .
T h e fe rry mortgage f o r $ 2 ,7 5 0 ,0 0 0 c o v e r s a l l t h e r e a l a n d p e r s o n a l
p r o p e r t y p e r t a i n i n g t o t h e c o m p a n y 's f e r r i e s (3 4 t h S t r e e t a n d J a m e s
S lip ); $ 1 , 2 5 0 ,0 0 0 b o n d s b e i n g r e s e r v e d t o r e t i r e t h e M etropolitan Perris
m o r t g a g e . T r u s t e e C e n t r a l T r u s t C o . S e e V . 5 4 . p. 5 9 7 .
T h e m o r t g a g e 4 per cents o f 1 8 9 2 a r e s e c u r e d b y p u r c h a s e m o n e y l i e n *
A s t o d e b e n tu re s s e e p a g e 2 o f S u p p l e m e n t o f A p r il, 1895.
V.
L i m a N o r t h e r n R y . - Road—I n M a r c h , 1896, w a s u n d e r c o n
s t r u c t i o n f r o m L i m a , O . (o n O h io S o u t h e r n ), t o j u n c t i o n w i t h W a b a s h
?y*
, A d r i a n M i c h . , 8 0 m ile s ; e x p e c t e d t o b e c o m p l e t e d J u n e 1 5 ,
1 8 J 6 ; 44 m il e s fin is h e d m A p r i l , 1896.
F o r m s a n o r t h e r ly e x te n s io n
f o r t h e O h io S o u t h e r n , b e i n g o w n e d b y p a r t i e s h o l d i n g a m a j o r i t y i n
t e r e s t in t h e s t o c k a n d s e c o n d m o r t g a g e b o n d s o f t h a t r o a d .
S t o c k a n d B o n d s — T h e f ir s t m o r t g a g e is f o r $ 1 ,2 U 0 ,0 0 0 o f 5 p e r
Se i 5n 0 * 2 5 ? ’
M a n h a t t a n T r u s t C o ., N . Y . ; b o n d s a r e is s u a b le
a . $ 1 2 ,0 0 0 p e r m i l e o f c o m p l e t e d r o a d a n d $ 3 ,0 0 0 p e r m i l e i o r e q u i p
m e n t.— V . 61, p . 9 2 5 , 1 0 6 4 .
A *
1905
J a n . 1, 1 9 0 0
1935
O c t.
1 ,1 9 4 5
St o c k , $3,250,000; par, $100. E a r r in g s .—Y ear ending June 30.
1895. gross, $382,007; net, $46,809: other income, $5,766 ; charges.
16,371. In 1893-94, gross, $368,824; net, $33,222.—IV. 60, p. 1 7 7
349, 711, 967; V. 61, p . 559, 611, 925 ; V. 62, p . 186, 364.)
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 K K . & G o a l.—O w n s f r o m P o r t
B a la n c e , s u r p lu s ................
$ 6 4 2 ,8 4 2
$ 1 2 7 ,0 7 0
$ 5 2 4 ,3 8 6
— (V . 5 9 , p. 9 6 8 , 1 0 5 8 , 1 1 04; V . 6 0 , p. 4 3 , 7 9 , 13 1 . 3 0 2 . 6 0 6 , 6 5 6 , 9 2 9 ;
Y . 6 1 , p . 2 8 , 1 1 2 , 2 8 2 , 3 6 6 , 3 7 7 . 4 7 1 , 5 5 8 ,6 6 / , 6 6 2 , 7 5 0 , 1 0 1 3 , 1 0 6 4
1155;
6 2 , p . 1 3 4 , 1 8 6 , 3 6 4 , 4 1 4 , 5 4 8 .)
’
L e x i n g t o n A E a s t e r n . — O w n s fr o m L e x in g t o n , K y ., to J a c k s o n ,
k y . , a b o u t 9 2 m ile s . A r e o r g a n i z a t i o n o f t h e K e n t u c k y U n io n , s o l d
in fo r e c lo s u r e
in
M a rch , 1894.
S to c k
is $ 5 0 0 ,0 0 0 .
M o rtg a g e
t r u s t e e , C e n t r a l T r u s t C o m p a n y , N e w Y o r k . G e n e r a l m o r t g a g e is f o r
$ 2 . 5 0 0 , 0 0 0 , o f w h ic h $ 1 ,0 0 0 ,0 0 0 r e s e r v e d t o r e t i r e t h e f i r s t s ; t r u s t e e
C o n t in e n t a l T r u s t C o ., N e w Y o r k . I n t e r e s t o n g e n e r a l s f o r f ir s t 5 y e a r s
is p a y a b l e o n l y i f e a r n e d , a t C o n t i n e n t a l T r u s t C o ., N . Y . , o n f i r s t d a y o f
F e b r u a r y a “ £ A u g u s t. E a r n in g s f o r y e a r e n d in g D e c . 3 1 ,1 8 9 5 , g r o s s ,
( V . 5 9 , p . 6 9 7 .)
P h ila d e lp h ia .
J. & J. N . Y . . O e n t . T r u s t C o.
T e x t.
T e x t.
A . & O. N . Y . t M a n . T r u s t C o .
C e n t r a l T r u s t C o ., N . Y .
T o A p r il, 1 8 9 6 , r e c e ip ts fo r
b o n d s h a d b e e n lis t e d o n N . Y . E x c h a n g e .
C a r T k u s t s . — I n N o v e m b e r , 1 8 9 4 , c o n t r a c t e d f o r 2 ,0 0 0 n e w c o a l c a r s ,
o f 6 0 ,i 0 0 p o u n d s c a p a c i t y e a c h , t o b e o w n e d b y t h e L . V . T e r m i n a l R y .,
w h o s e c a r t r u s t s f o r $ 1 ,0 0 0 , 0 0 0 w e r e is s u e d t h e r e f o r , a n d a r e o w n e d b y
t h e L e h i g h V a l l e y R R . I n 1 8 9 4 -9 5 t h e L e h i g h V a l l e y R R . c o n t r a c t e d
f o r 5 0 lo c o m o t i v e s , a l l o f w h ic h h a v e b e e n d e l i v e r e d , a n d f o r 2 .0 0 0 b o x
c a r s o f 6 0 ,0 0 0 p o u n d s , f o r w h ic h i n 1 8 9 6 w e r e is s u e d $ 1 ,0 0 0 ,0 0 0 c a r
tr u s ts .— V . 62, 54 8 .
a n n u a l R e p o r t .— T h e f is c a l y e a r e n d s N o v e m b e r 3 0 .
T h e r e p o r t fo r
Tear ending Nov.
$ 1 ,0 0 0 , 0 0 0
5 g.
1 ,0 0 0 , 0 0 0
5 g1 ,5 0 0 ,0 0 0
5
4 2 3 ,0 0 0
5 g.
1 2 5 ,0 0 0
5 1 6 ,0 0 0
6 g.
4 ,9 4 3 ,1 0 0 8 p e r a u .
2 7 5 ,0 0 0
6
1 ,5 0 0 ,0 0 0
5
7 1 4 ,0 0 0
7
3 ,2 5 0 ,0 0 0
5 g.
2 ,4 8 7 ,8 5 0 7 p e r a u .
1 2 ,0 0 0 , 0 0 0
i ; i 2 1 ,0 0 0
7
2 6 8 ,7 0 3
7
3 ,6 1 0 ,0 0 0
5 g3 ,0 0 0 ,0 0 0
4 g1 ,2 5 0 .0 0 0
5 g.
1 ,5 0 0 ,0 0 0
4 *2 g .
3 2 5 ,0 0 0
4 g1 ,5 0 0 ,0 0 0
5 g1 2 5 ,0 0 0
6
1 ,0 0 0 , 0 0 0
5 » 6 g.
6 0 0 ,0 0 0
5 g.
6 0 0 ,0 0 0
6
6 5 0 ,0 0 0
5 g.
2 5 0 ,0 0 0
7
7 5 ,0 0 0
7
1 ,4 2 5 ,0 0 0
5 g*
2 0 0 ,0 0 0
5 g6 0 0 ,0 0 0
5 g.
$ ..........
G d a r a n t ie s .— i n a d d i t i o n t o g u a r a n t e e d b o r d s i n t a b l e a b o v e t h e
L o n g Is la n d g u a r a n t e e s b o n d s o f th e fo llo w in g c o m p a n ie s — w h ic h s e e
N e w Y o r k B r o o k ly n & M a n h a tta n B e a c h , N e w Y o r k & R o c k a w a v
B e a c h a n d P r o s p e c t P a r k & C o n e y Is la n d .
A s t o L . I . R R . North Shore Branch C o m p a n y ’ s b o n d s s e e S u p p l e m e n t '
o f J a n u a ry , 1895, an d V . 55, p. 322.
T h e New York Bay Extension RR. b o n d s ( C e n t r a l T r u s t C o ., t r u s t e e )
w i l l b e a f i r s t m o r t g a g e o n a b o u t 1 7 m ile s o f r o a d f r o m G a r d e n C i t y
t o M a n h a tta n B e a c h R R .; 6 m ile s n o w b u ilt ; t o t a l a u th o r iz e d . $ 6 0 0
0 0 0 . C a p i t a l s t o c k , $ 6 0 0 ,0 0 0 . S e e V . 5 7 , p . 7 2 3 .
T h e Montauk Extension RR. firsts c o v e r t h e r o a d f r o m B r i d g e h a m p
t o n v i a F o r t P o n d B a y t o C u l l o d e n P o i n t , 2 5 m ile s .
T h e y a re g u a ra n
te e d , p r in c ip a l a n d in t e r e s t , b y th e L o n g Is la n d R R ., w h io li o w n s a ll
t h e M o n t a u k s to c k . C e n t r a l T r u s t C o . o f N . Y . , tr u s t e e ; 2 0 -8 4 m ile s ;
o f t h e e x t e n s i o n lia s b e e n c o m p l e t e d .
G e n e r a l F inances .— I n t h e s p r i n g o f 1 8 9 4 $ 1 ,2 7 5 ,0 0 0 d e b e n t u r e 5s
w e r e s o ld , a n d a l i k e a m o u n t o f l o a u s a n d b i l l s p a y a b l e i s s u e d f o r im p r o v e m e n t s w e r e r e tir e d . O n J u n e 3 0 ,1 8 9 5 , m o r t g a g e s o n r e a l e s t a t e ,
$ 2 9 1 , 2 3 8 ; e q u i p m e n t t r u s t . $ 2 4 1 ,1 7 6 . R e n e w a l s a r e w i t h 7 6 t o 8 0 p o u n d s t e e l r a ils . L o a n s a n d b i l l s p a y a b l e D e c . 3 1 , 1 8 9 5 , $ 3 5 0 ,0 0 0 .
L atest E ar n in g s —F o r 6 m o n t h s
^tnonths.
Gross.
Net.
1 S 9 5 ...........$ 2 ,2 9 7 , 5 o 2
1 8 9 4 .......... 2 ,2 6 7 ,9 8 7
e n d in g D e c . 3 1 :
Oth. inc. In t., taxes, etc. Bal.,sur.
$ 8 8 7 ,4 8 9 $ 1 0 4 , 4 5 0
8 7 1 ,9 8 2
8 5 ,5 2 0
$ 5 6 6 ,0 7 4
5 5 1 ,7 0 6
$4251865
4 0 5 ,7 9 6
A n n u a l R e po rt .—F i s c a l
y e a r e n d s J u n e 30. A n n u a l m e e t i n g is h e ld
t h e 3 6 c o n d T u e s d a y i n A p r i l . R e p o r t f o r 1 8 9 4 - 9 5 w a s i n V . 6 1 , p . 438
o f t h e g r o s s $ 2 ,2 9 8 ,6 6 2 w a s f r o m p a s s e n g e r s ’;
$ 1 ,2 1 6 ,3 4 7 f r o m f r e i g h t ; b a l a n c e , m a i l , e x p r e s s , A c .
Year ending June 3 0 - 1 8 9 5 .
1894.
1893.
1892
G r o s s e a r n i n g s .............. $ 4 ,0 1 4 ,0 1 9 $ 4 , 1 4 3 ,4 3 3 $ 4 ,3 0 0 ,3 3 6 $ 4 ,1 7 1 5 2 4
O p e r a t i n g e x p e n s e s . . 2 ,5 9 3 ,3 2 3
2 ,6 9 0 ,0 8 5
2 ,8 3 3 ,8 9 2
2 ,7 3 4 ,4 1 6 ;
N e t e a r n i n g s .......... $ 1 ,4 2 0 ,6 9 6
$ 1 ,4 5 3 ,3 4 8 $ 1 ,4 6 6 ,4 4 4
T o t a l n e t ...........................$ 1 ,5 6 3 ,0 5 1 $ 1 , 5 5 5 , 7 4 6 $ 1 , 5 9 3 ,1 8 9
I n t e r e s t o n b o n d s ........
6 5 8 ,4 1 2
5 8 9 ,5 2 8
5 7 6 ,8 5 9
T a x e s ..................................
1 7 4 ,5 3 1
1 7 2 ,7 2 6
1 5 5 ,5 6 3
R e n t a l s ..............................
2 2 3 ,2 1 3
2 4 0 ,7 6 8
2 1 1 ,6 3 3
I n t e r e s t a n d d is c o u n t .
2 ,7 4 1
3 3 ,0 6 9
2 9 ,8 3 9
D i v i d e n d s ....................... (4 ) 4 8 0 ,0 0 0 (4 % ) 5 7 0 , 0 0 0 (5 ) 6 0 0 ,’0 0 0
B a la n c e , s u r p lu s ..
$ 2 4 ,1 5 4 d e f . $ 5 0 , 3 4 5
$ 1 9 ,2 9 5
$ 1 ,4 3 7 ,1 0 $
$ 1 ,5 1 8 , 2 4 ®
5 5 6 ,7 0 5
1 3 0 ,8 7 ®
1 7 8 ,6 0 3
2 8 ,8 7 4
(5 ) 6 0 0 , 0 0 0
$ 2 3 ,1 8 6
1 8 7 '3 2 0 ^ o Y 7 ’ 3 ° 2 ’ 5 2 2 ’ 8 3 5 ’ 1 1 4 5 i V ’ 6 1 , p ’ 4 3 8 ’ 8 2 9 ’ 8 7 1 ; V ' 6 2 > P L o u i s i a n a W e s t e r n . — (S e e Map o f Southern Pacific.)—O w n s f r o m
L a f a y e t t e , L a ^ t o O r a n g e , T e x a s , 1 1 2 m ile s . O p e r a t e d u n d e r le a s e b y
t l i e S o u t h e r n P a c i f i c C o ., w h i c h o w n s a l l b u t $ 5 0 ,0 0 0 o f t h e $ 3 , 3 6 0 , 0 0 0
s to c k .
I k e le s s e e p a y s a l l c h a r g e s a n d t u r n s o v e r t o t h is c o m p a n y 7
p e r c e n t o f t h e t o t a l n e t p r o f i t s u n d e r t h e o m n ib u s le a s e .
.— 1 1 m o n t h s , ) 1 8 9 5 ............g r o s s , $ 9 9 6 ,6 5 3 ; n e t , $ 4 6 8 , 9 7 7
^ ^ • l t o N o ^A30,
S 1 8 9 4 ........... g r o s s , 8 9 7 ,8 2 4 ; n e t , 4 1 7 , 6 0 2
g r o s s , $ 1 0 1 0 , 1 3 3 ; n e t , $ 4 6 7 ,2 3 9 ; s u r p lu s o v e r c h a r g e s
$ 3 3 1 ,4 7 3 ; a m o u n t o f n e t p r o f i t d u e t h is c m p a n y , a s p e r le a s e , $ 8 3 , 7 3 3
E
r
a r n in g s
1
i
RAILROAD STOCKS AND BONDS
APBIL, 18S6 J
§5
H a u te
, Colum bus i
[S u lllv w
td ifle ld
IBloomflfeld
V e rn o n
Bedford
ltcboll
Cr.C a rm e l
L$ V t $ V i
M ls e n d F tT %
J in r p b js l
tram m el
t M ab as
(mU@w
Celia*
d E L U lC O
^ '
C H m onj
V U .L E
tbarfmtm
mmt
A ih *e*
Itorrb
OCCATUAi
llAftsfetir#!
iClEtfWrti,
CnlZmwv-
OrwrwMSa
Y LA C A U G A
BaraeAV.
F t, ( } * ! » # *
\
s a c o l
[Albanj
Tallahassee
;
PbLion
M A P o r THE
LOUISVILLE & NASHVILLE
RAILROAD SYSTEM.
INVESTORS’ SUPPLEMENT.
86
fVoL. LXII.
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 is c o v e r e d I n t lie s e T a b le s .
_____ __________________ R A L L R O A D S . ____________________
F o r e x p l a n a t i o n o f c o liu n n h e a d in g s , A c . , s e e n o t e s
o n f ir s t p a g e o f ta b le s .
Los Angeles Terminal— 1 s t m o r t g a g e , $ 1 , 5 0 0 , 0 0 0 . .
Louisiana Western—1 s t m o r t g a g e , g o l d .................... 0 *
Louis. Evan, dk St. L.Oon. — R e c ’ r s ’ c e r t s . , D e c . 3 1 , *95
44
112
72
1 s t m o r t . E . R . A E ..........................................................
182
1 s t m o r t g a g e , g o l d ......................................................... . o ’
1
82
2 d m o r t., w ith v o t in g p o w e r , g o ld , u n a s s e n te d .o '
24
H u n t. T e ll. C ity & C. R R . 1 s t m o rt. g o ld , g u a r .c *
7
V e n . A C a r . 1 s t M s ., d u e D e c . , 1 9 0 0 A A p r . l , 1 9 0 2 . o *
353
L . E . A S t. L . c o n s o L m o rt... g o l d ( $ 8 , 0 0 0 , 0 0 0 ). . <v
3
5
3
G e n e r a l m o r t g a g e f o r $ 1 5 ,0 0 0 ,0 0 0 , g o l d ..............o *
Louisville <6 Nashville— S t o c k .............................................
419
C o n s o l, l e t m o r t g a g e ( n o w l e t l i e n ) ........................ o*
130
M e m p h is A O h io 1 s t M ., P a r i s t o M e m ., g . , g u a r , . c "
83
M e m .C la r k s . A L . 1 s t M . . £ , G u t h r ie t o P a r i s , T e n n . o 1
46
C e c ilia n B r . 1 s t M . ,C e c il. t o L o u is . ,s .f. ,d r ’ n a t 1 0 0 .c*
151
E . H . A N . l s t M . . H e n d e r s o n t o N a s h ., g ,d r * n a t l l O . c *
802
L o u is . A N a s h , g e n e r a l M ., g o l d , d r a w n a t 1 1 0 . c*
L .C .A L e x .— L o u is .A F r a n k f. a n d L e x . & F r a n k f . )
175
C in . b r a n c h j o i n t b o n d s , l s t M . , s . f . ( n o t d r ’ n ) c * $
175
L . C . A L e x . 2 d m . s. f . n o t d r ’ n , L o u i s . t o N e w p ’ t . c ’'
189
L . A N a s h . b d s . , 8 . A N . A l a . R R . , 2 d m . a s c o l.g o ld .o *
45
P e n s a c o l a D i v i s i o n 1 s t m . , g o l d ( d r ’ n a t 1 0 5 ). .o ’*
141
N . O . A M o b . D i v . 1 s t M ., N . O . t o M o b i l e , g o ld .c *
141
2 d M ., N . O. t o M o b i l e , g o l d ................................. 0 *
208
S o u t h e a s t A S t. L . D i v . 1 s t M o r t . , g o l d ................c *
208
2 d M ., g o l d , E a s t S t. L . t o E v a n s v i l l e A b r . . c *
175
G e n e r a l m o r t g a g e L . C . A L . , g o l d .......................c*
118
1 s t M . (5 0 - y e a r 5 s ), $ 1 5 ,0 0 0 p . m ., g o l d ..............e*
1 s t m o r t g a g e , c o l l a t . t r u s t ( $ 7 ,0 0 0 ,0 0 0 ), g o l d . c *
U n i f i e d m o r t g a g e f o r $ 7 5 ,0 0 0 ,0 0 0 , g o l d ____ c *& r T e x t .
179
L . A N . a n d M o b . A M o n t , j o i n t b d s ., l s t M . , g . . c *
L o u i s v i l l e R y . T r a n e . l s t M .............................................
160
P e n s . A A t . 1 s t M . . g o l d , s . f . , d r ’ n a t 1 1 0 a s s u m e d .c *
1891
1881
1895
1881
1886
1886
1887
1 8 8 0 -2
1889
1893
1868
1871
1872
1877
1879
1880
1867
1 .0 0 0
(?)
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
100
1 ,0 0 0
$ A £
£200
$ 1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
$ 1 , 5 0 0 ,0 0 0
2 ,2 4 0 ,0 0 0
2 8 0 ,3 3 6
9 0 0 .0 0 0
2 ,0 0 0 ,0 0 0
6 7 0 ,0 0 0
3 0 0 ,0 0 0
3 0 0 ,0 0 0
3 ,7 9 7 ,5 0 0
2 , 2 5 6 ,8 5 0
5 2 ,8 0 0 ,0 0 0
7 , 0 7 0 ,0 0 0
3 ,5 0 0 ,0 0 0
1 ,9 9 6 ,6 6 0
6 0 0 ,0 0 0
2 ,1 1 0 ,0 0 0
1 0 ,4 8 6 ,0 0 0
1 ,0 0 0
2 , 8 5 0 ,0 0 0
7
8 9 2 ,0 0 0
1 ,9 6 0 ,0 0 0
5 8 0 ,0 0 0
5 ,0 0 0 ,0 0 0
1 ,0 0 0 ,0 0 0
3 , 5 0 0 ,0 0 0
3 ,0 0 0 ,0 0 0
5 0 ,0 0 0
1 ,7 6 4 ,0 0 0
5 ,1 2 9 ,0 0 0
See te x t.
4 ,0 0 0 ,0 0 0
2 8 6 ,0 0 0
1 , 8 6 2 ,0 0 0
7
6
6
6
6
6
3
6
5
5
4
4 *2
8
6
1877
1880
1880
1880
1880
1881
1881
1881
1887
1888
1890
1895
100 A c.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
l.O O O A o
1 ,0 0 0
1881
1 ,0 0 0
L o u is v ille E v a n s v ille
& St. L o u is C o n s o lid a t e d . — O p e r a t e s
L o u i s v i l l e , K y . , t o E a s t S t. L o u is , 111., 2 7 5 m i l e s ; b r a n c h e s t o E v a n s
v i l l e , R o c k p o r t , e t c . , i n I n d i a n a , 9 7 m i l e s ; t o t a l , 3 7 2 m ile s , o f w a ic ta
3 5 6 m ile s o w n e d a n d 1 6 m i l e s t r a c k a g e ; 3 4 5 m i l e s a r e s t e e l, f r o m 5 6 t o
7 0 p o u n d s . A l s o o w n s V e n i c e A C a r o n d e l e t , le a s e d t o E a s t S t. L o u i s
C o n n e c t i n g , 7 m ile s . P o r t i o n s m a i n l i n e o p e r a t e d u n d e r t r a c k a g e
r i g h t s ; L o u i s v i l l e t o N e w A l b a n y , 6 m .; W a l n u t H i l l t o C e n t r a l i a , 7 1s m .
R e c e iv e r sh ip .—O n M a r . 2 5 , 1 8 9 6 , G e o r g e T . J a r v i s w a s a p p o i n t e d
r e c e i v e r t o a c t f r o m M a y 1. (S e e V . 6 2 , p . 5 8 9 , 7 2 6 . )
S u it s f o r f o r e c l o
s u r e o f f i r s t a n d s e c o n d m o r t g a g e s w e r e b e g u n i n M a r c h , 1 8 9 6 .— ( V .
6 2 , p . 5 0 2 .)
Committees.—Consolidated Bondholders: C h a r le s S. F a i r c h i l d , 4 6
W a l l S c., N . Y . , C h a i r m a n ; W in . L . B u l l , J a m e s S t i l l m a n a n d W . H .
P a y n e a n d M a y e r L e h m a n . S e c r e ta r y , O s b o rn W . B r ig h t, 4 4 W a ll S t ,
N . Y . I n J a n . , 1 8 9 6 , $ 3 , 3 4 7 , 0 0 0 f i r s t c o n s o l. 5 s h a d b e e n d e p o s it e d .
T h is c o m m itte e w i l l p r e p a r e a r e o r g a n iz a t io n p l a n ; d e p o s ita r y , N . Y .
S e c u r i t y A T r u s t C o ., 4 4 W a l l S t r e e t , N . Y . — V . 6 0 , p . 5 2 2 ; V . 6 l , p . 5 5 9 .
F irst Mortgage Bondholders: W . T . H a r t , J o h n G r a h a m , J o h n S t it e s .
— V . 60, p. 873.
Capital Stock.—C o m m o n
Y.
56,
d
. 2 8 9 , 4 1 3 .)
s t o c k i s s u e d , $ 3 ,7 9 0 ,7 4 7 ; p a r , $ 1 0 0 . (S e e
I n J a n u a r y , 1 8 9 5 , $ 4 5 7 ,1 6 2 p r e f d . o u t s t a n d in g .
Bonds.—I l l i n o i s A S t. L o u i s f i r s t 8s f o r $ 2 0 0 ,0 0 0 , d u e J u n e 1, 1 8 9 5 ,
w e r e p u r c h a s e d b y t h e N , Y . S e c u r i t y A T r u s t C o ., 4 4 W a l l S t r e e t , w i t h
i n t e r e s t t o J u n e 1 .— V . 6 0 , p . 9 6 7 . A b s t r a c t c o n s o l, m o r t . i n V . 4 9 , p . 2 0 8 .
O f t h e g e n e r a l m o r t . 4 s , i n J a n ., 1 8 9 4 , $ 2 ,0 7 6 ,8 5 0 h a d b e e n is s u e d
i n e x c h a n g e f o r p r e f e r r e d s t o c k , s e t t l e m e n t o f E . & T . H . a c c o u n t , e t c .,
$ 5 7 7 ,0 0 0 w e r e h e ld a s c o l l a t e r a l f o r l o a n s a n d $ 6 9 5 ,4 0 0 w e r e i n h a n d s
o t t r u s t e e s t o b e is s u e d f o r p r e f e r r e d s t o c k . I n A p r i l , 1 8 9 6 , N . Y . S t o c k
E x c h a n g e r e p o r t e d $ 2 , 4 3 2 ,0 0 0 li s t e d , (S e e Y . 5 6 , p . 2 8 9 , 4 1 3 .)
Coupon.—S e e t a b l e a b o v e a s t o c o u p o n s p a i d
• S e c u r it y A T r u s t C o . p a y s i n t e r e s t w h e n o r d e r e d .
and
u n p a id .
N. Y.
General F inances.—T h e r e c e i v e r s ’ r e p o r t f o r 1895 s t a t e d t h a t a b o u t
$1,250,000 s h o u ld b e e x p e n d e d b y t h e y e a r 1904 t o p u t t h e r o a d in
c o n d it io n , in a d d i t i o n t o $250,000 f o r a i r b r a k e s a n d c o u p le r s b e f o r e
J a n . 1. 189S. (V. 62, p. 499.)
F l o a t i n g d e b t D e c . 3 1 , 1 8 9 5 , $ 4 3 3 ,2 1 2 , i n a d d i t i o n t o r e c e i v e r s ’ c e r
t i f i c a t e s , a n d $ 8 4 2 ,8 1 3 u n p a i d c o u p o n s .
( Y . 6 2 , p . 4 9 9 .)
Earnings.—1 m o n t h , < 1896..................... g r o s s , $115,674;
J an . 1 to Jan . 31.
( 1 8 9 5 ..................... g r o s s ,
1 0 0 ,5 5 3 ;
n e t,
n e t,
$18,769
1 2 ,5 0 6
A nnual
R e p o r t . —T h e r e c e i v e r s ’ r e p o r t f o r 1 8 9 5 g a v e a s t a t e m e n t
o f th e e a r n in g s o f t h e d iffe r e n t d iv is io n s s e p a r a t e ly — S e e V . 6 2 , p. 4 9 9 F o r y e a r e n d in g D e c . 3 1 ,1 8 9 5 , e a r n in g s o f w h o le r o a d w e r e , g ro s s ,
$ 1 ,5 0 9 ,7 4 6 ; n e t , $ 3 8 4 ,0 1 6 ; t a x e s , $ 8 7 ,4 0 0 ; i n t e r e s t o n f l o a t i n g d e b t ,
$ 2 3 ,3 4 2 ; b a la n c e f o r b o n d i n t e r e s t , $ 2 7 3 ,2 7 4 . I n 1 8 9 4 , g r o s s , $ 1 ,3 9 1 1 2 8 ; n e t , $ 2 3 5 ,1 1 5 . I u 1 8 9 3 , g r o s s , $ 1 ,6 6 6 ,1 0 4 ; n e t , $ 4 7 1 ,6 5 5 .
’
— (V . 5 8, p. 4 3 , 8 2, 5 9 5 , 8 6 4 ; V . 5 9, p . 3 7 2 , 6 0 0 , 1 1 4 1 ; V . 6 0. p . 3 4 6 ,
4 32, 4 81, 522, 562, 873, 9 6 7 ; V . 61, p. 152, 196, 324, 366, 4 71, 559; V
6 2 , p . 1 8 6 , 4 9 9 , 5 0 2 , 5 8 9 , 6 3 5 , 7 2 6 .)
L o u I mvU I c A
N a s h v i l l e . — (&e£ Map.)—R oad .—O p e r a t e s
m a in lin e
f r o m C in c in n a t i. O ., t o N e w O r le a n s , L a . , 9 2 1 m ile s , w i t h b r a n c h e s t o
S t. L o u is , M o ., M e m p h is , T e n n . , e tc . 2 ,0 3 4 m i l e s , m a k i n g t o t a l s y s t e m
p r o p e r J u n e 3 0 , 1 8 9 5 , 2 ,9 5 6 m ile s . T h e s y s t e m i n c l u d e s :
Lines owned absolutely or
through entire capital stock. Miles.
L o u i s v i l l e t o N a s h v i l l e ............
185
S u n d r y o t h e r l i n e s .....................2 ,4 2 1
Lines leased, <£c.
U N a s h v i l l e A D e c a t u r ..............
U S o u t h A N o r t h A l a . R R ........
O t h e r l i n e s .....................................
119
182
49
T o t a l s y s t e m p r o p e r .......... 2 ,9 5 6
Bonds—P r i n o l
IN T E R E S T O R D IV ID E N D S .
p a l, W h e n D u e .
Am ount
R a te p e r W h en
W h e r e P a y a b le , a n d b y
Slocks—L a s t
O u ts ta n d in g
C e n t.
P a y a b le
W hom .
D iv id e n d .
S iz e , o r
D a te
M ile s
Par
of
of
R o a d . B o n d s V a lu e .
Reported separately.
Miles.
iIN a s h v ille F lo r . A S h e ffie ld .. . .1 0 5
N a s h v i l l e C h a t t . A S t. L o u i s . . 9 0 2
IT H e n d e r s o n B r i d g e ...................... 1 0
IF G e o r g ia R a i l r o a d s y s t e m ........ 7 2 1
O p e r a t e d f o r o t h e r c o ’ s ............... 8 8
O w n e d b u t l e a s e d t o o t h e r c o ’ s. 6 7
(IT S e e t h is c o m p a n y . )
T o t a l o f a l l J u n e 3 0 , ’ 9 5 . . 4 ,8-:
O r g a n i z a t i o n , <fcc.— T h i s c o m p a n y w a s c h a r t e r e d M a r c h 2 , 1 8 5 0 .’ a i
o p e n e d b e tw e e n L o u is v ille a n d N a s h v ille N o v e m b e r , 1 8 5 9
T h e l ia b i
t i e s f o r i n t e r e s t o n t h e a u x i l i a r y r o a d s a r e t r e a t e d m o s t l y 'a s b e l o n g i i
d m e o t ly t o t h e L o u i s v i l l e & > a s h v l l l e C o . A l i s t o f t h e s e c u r it ie s o w n .
a n d In t h e s i n k i n g f u n d J u n e 3 0 ,1 8 9 5 , w a s I n V . 6 1 , p . 6 1 4 6 1 8
F o r H e n d e r s o n B r i d g e s e e M i s c e lla n e o u s C o m p a n ie s .
J ,™ 1; 11 w a s v o t e d t o in c r e a s e t h e s t o c k f r o m $ 4 *
0 0 0 ,0 0 0 t o * 5 5 , 0 0 0 ,0 0 0 f o r p u r c h a s e o f K e n t . C e n t . R K . , A c . O f t h e n e
B to o k $ 4 ,8 < W ,0 0 0 w a s t a k e n b y s t o c k h o ld e r s o f J u l y 2 1 a t 7 0 a i
J u l y 1 , 1 8 9 5 , $ 2 ,2 0 0 ,0 0 0 w a s h e l d in t h e t r e a s u r y . F u r t h e r in c r e a i n s t o c k t o $ 6 0 ,0 0 0 ,0 0 0 a u t h o r i z e d i n N o v . , 1 8 9 3 . V 5 7 p 5 9 6 g o g
D iy in K N -D 8
> ’ 8 1 . ’ 8 2 . >83-’ 8 7 . ’ 8 8 . ’ 8 9 . ’ 9 0 . ’ 9 1 .
P e rc e n t.
S 6
3
N o n e . 5 s t:k . 5 s t k .
6
5
I u 1 8 9 0 o f t h e 6 p . 0 . p a i d t h e r e w a s 4 9 I0 I n s t o c k .
’ 9 2 ’. W . 5 N 01
4
4 > sin e
(s m <
B ° n d s .— T h e F c a i i s r . Bender.
Nashv. b o n d s a r e d r a w n a t 1 1 0 b y li
a n n u a lly In O c t o b e r , f o r p a y m e n t D e o . 1; $ 3 0 ,0 0 0 a y e a r t i l l 1 8 9 5 th e
in c r e a s i n g e a c h f i v e y e a r s u n t i l $ 1 5 0 ,0 0 0 p e r y e a r is f i n a l l y r e a c h e d
Division b o n d s a ™ s u b je c t t o a d r a w i n g s in k in g f u r
$ 5 ,0 0 0 t i l l IJ O O , i n c l u s i v e , t h e n $ 1 0 ,0 0 0 , a n d s o i n c r e a s i n g
Tho general mortgage b o n d s o f 1 8 8 0 a r e s u b je c t t o c a l l a t l l O i n i
o r e a s ln g a m o u n t s e q u a l e a c h y e a r ; $ 2 2 0 ,0 0 0 in a l l In 1 8 9 4 -9 5 .
I n J u n e , 1890, t h e “ unified " mortgage (t r u s t e e . C e n t r a l Trust, rvm
p a n y ) f o r $75,000,000 w a s a u t h o r ile iT , k l,9 1 7 660 b o i d t b e i n g ?
, s e r v e d t o r e t i r e a ll p r i o r l ie n s (n o n e o f t h e p r i o r l i e n s c a n b e e x t e n l e d
j.
j.
5
6 g.
6
6 g.
0 g.
6 g.
6
5 g.
4 g.
See te x t.
7
7 g6 g.
7
6 g6 g-
ggggg.
g.
ggg.
gg.
&
&
.
See te x t.
. N . Y . , 8 . P a c .C o .,2 3 B ’ rd
J . A J.
A . & O.
A . & O.
A . & O.
V a r io u s
j . &
j .
M . ite S.
F. A A.
A . A O.
J. A D.
F. A A .
M . A 8.
J. A D.
J. & D .
J u ly 1 5 ,1 9 3 1
J u l y 1, 1921
J u l y j 9 5 , p d . A u g . 2 9 ,’ 9 5
A p r . , ’ 9 5 ,p d . S e p . 3 0 ,- 9 5
A p r .,’ 95, p d .S e p .3 0 ,’95
A p r ., ’ 94, c o u p . la s t p d .
O c t ., ’ 9 5 , p d . w h e n d u e .
J u ly , ’ 9 3, c o u p , l a s t p d .
S e p t., ’9 3 , c o u p , la s t p d.
N . Y ., 120 B ro a d w a y .
do
do
Lon don and N e w Y ork .
do
do
N . Y ., 120 B ro a d w a y .
do
do
do
do
J u n e 1 , 1921
O c t. 1, 1926
O c t. 1, 1936
O c t. 1, 1927
1 9 0 0 -1 9 0 2
J u l y 1, 1 9 3 9
M a r . 1, 1 9 4 3
See te x t.
A p r . 1, 1898
J u n e 1 , 1901
A u g . 1, 1902
M e n . 1, 1907
D e o . 1, 1 9 1 9
J u n e 1, 1930
J.
&
J.
do
do
Jan.
1, 18 9 7
A.
A.
M.
J.
j .
M.
M.
M.
M.
M.
&
A
A
A
O.
O.
8.
J.
j .
8.
8.
N.
N.
N.
j.
8.
N.
A.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
O c t.
A p r.
M ch.
Jan.
Jan.
M oh.
M oh.
N ov.
M ay
N ov.
J u ly
S e p t.
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
do
do
A u g . 1, 192 1
&
&
&
A
A
A
j. &
M. A
M. A
F. A
g.
j
j
1907
1910
1920
1930
1930
1921
1980
1931
1937
1931
1940
1945
t h e b a l a n c e f o r I m p r o v e m e n t s , e x t e n s i o n s ( a t t h e r a t e o f $ 3 2 ,0 0 0 p e r
m ile , in c lu d in g e q u ip m e n t ), a n d f o r o tlie r p u r p o s e s . T h e m o r t g a g e c o v
e r s (b e s id e s 1 ,0 8 0 m i l e s o f r o a d a n d i t s e q u i p m e n t ) $ 2 2 , 7 0 8 ,1 0 0 s t o o k
o f c o m p a n i e s c o n t r o l l e d , a n d $ 1 , 1 0 0 , 0 0 0 b o n d s f r e e f r o m a n y l ie n . S e e
a b s tra c t o f m o r tg a g e in V . 51, p. 613. O n J u n e 3 0 ,1 8 9 5 , c o m p a n y re
p o r t e d $ 1 5 ,3 2 4 ,0 0 0 ou1 s t a n d i n g , o f w h i c h $ 2 , 3 3 0 , 0 0 0 w e r e h e l d i n t h e
t r e a s u r y ; i n A u g u s t $ 2 ,0 1 9 ,0 0 0 o f t h e s e t r e a s u r y b o n d s w e r e l is t e d
( l e a v i n g $ 3 1 1 ,0 0 0 I n t r e a s u r y ) ; t o t a l l i s t e d o n N . Y . S t o c k E x c h a n g e
$ 1 4 ,9 9 4 ,0 0 0 i n A p r i l , 1 8 9 6 . A d d i t i o n a l u n i f i e d b o n d s f o r $ 9 ,2 8 9 ,0 0 0
w e r e s e t f r e e w h e n t h e 1 0 -4 0 s w e r e p a id o f f o n F e b . 1 ,1 8 9 6 .
T h e Mobile & Montgomery—Louisville & Nashville jo in t mortgages
is f o r $ 5 ,0 0 0 ,0 0 0 ( t r u s t e e , C e n t r a l T r u s t C o ., N e w Y o r k ) ; t h e o l d M o
b i l e & M . b o n d s (h e l d a s c o l l a t e r a l f o r 1 0 - 4 0 a d j u s t m e n t b o n d s ) w i l l
b e c a n c e le d , a n d t h e j o i n t b o n d s b e a fir s t lie n o n th e 1 7 8 ^ m ile s o f
m a in lin e , M o b ile t o M o n t g o m e r y ; $ 1 ,0 0 0 ,0 0 0 r e s e r v e d f o r im p r o v e
m e n ts . V . 61, p . 1 9 6 , 7 5 0 .
A s t o Kentucky Central m o r t g a g e ( M e t r o p o l i t a n T r u s t C o . o f N e w
Y o r k , t r u s te e ), s e e a b s t r a c t V . 4 5 , p . 3 7 2 . C o v in g t o n & L e x in g t o n
f i r s t s f o r $ 2 1 9 ,0 0 0 , d u e J u n e 1 , 1 8 9 5 , w e r e p a i d . — V . 6 0 , p . 1 0 5 8 .
Pensacola <f A tlan tic f i r s t m o r t g a g e b o n d s (a s s u m e d ) a r e g r a d u a l l y
b e in g c a lle d f o r t h e s in k in g fu n d a t 1 1 0 .
G u a r a n t ie s .— B e s id e s b o n d s i n t a b l e , t h e L o u i s v . & N a s h v . is r e s p o n s i
b l e f o r $ 2 ,1 0 0 ,0 0 0 b o n d s a n d d i v i d e n d s o n $ 2 , 3 0 5 , 5 8 2 s t o c k o f N a s h v i l l e
& D e c a t u r ( w h i c h s e e ) ; f o r $ 9 ,8 7 3 ,8 3 0 b o n d s S o u t h & N o r t h A l a b a m a
(s e e t h a t c o m p a n y ) ; f o r i n t e r e s t o n $ 3 0 0 , 0 0 0 S o D i v . C u m b . & O h io ,
a n d f o r $ 2 ,0 9 6 ,0 0 0 N a s h v i l l e F l o r e n c e & S h e ffie ld b o n d s — s e e t h a t c o ’ y .
G e n e r a l F in an c es . &c .— F o r 1 8 9 5 - 9 6 e s t i m a t e d i n t e r e s t c h a r g e s a r e
$ 4 ,9 5 2 ,4 2 4 .
( V . 6 1 , p . 6 1 4 .)
O n J u n e 3 0 , 1 8 9 5 , c u r r e n t l i a b i l i t i e s w e r e $ 4 ,3 7 3 ,5 9 5 , I n c l u d i n g
$ 8 2 5 ,0 0 0 b i l l s p a y a b l e a n d $ 6 3 8 , 3 4 6 d e f e r r e d r e n e w a l s o f e q u i p m e n t ,
e t c . — c u r r e n t a s s e t s , $ 5 ,0 7 1 ,6 8 7 , i n c l u d i n g $ 3 9 9 ,6 4 3 c a s h a n d $ 2 ,2 0 0 ,0 0 0 L . & N . s t o c k in tr e a s u r y . D a t in g fr o m J u ly 1, 1 8 9 4 , t h e “ c o n
s t r u c t i o n a c c o u n t ” h a s b e e n c lo s e d .
I n A u g u s t , 1 8 9 5 , t h e $ 4 ,5 3 1 ,0 0 0 o f 1 0 - 4 0 a d j u s t m e n t b o n d s w e r e
c a l l e d f o r r e d e m p t i o n o n F e b . 1 , 1 8 9 6 , a n d $ 4 ,0 0 0 ,0 0 0 o f b o n d s o n t h e
M o b i l e & M o n t g o m e r y w e r e is s u e d . T h i s o p e r a t i o n e n a b l e d t h e c o m
p a n y t o p a y o f f a b o u t $ 1 ,0 0 0 ,0 0 0 o f f l o a t i n g d e b t , a n d m a k e s a v a i l a b l e
$ 9 ,2 8 9 ,0 0 0 o f “ u n i f i e d ” a n d $ 1 ,8 9 8 ,0 0 0 o f o t h e r b o n d s , a t t h e s a m e
t im e d e c r e a s in g t h e a n n u a l in t e r e s t c h a r g e (t a k in g in t o a c c o u n tin te r e s t
o n f l o a t i n g d e b t ) b e t w e e n $ 5 0 ,0 0 0 a n d $ 7 5 ,0 0 0 p e r a n n u m . S e e V . 61 ,
p. 196.
In J a n u a r y , 1 8 9 7 , a n d A p r il, 1 8 9 8 , th e c o m p a n y w i l l h e a b le to
r e f u n d a t a l o w e r r a t e o f i n t e r e s t a b o u t $ 1 0 ,0 0 0 ,0 0 0 o f 7 p e r c e n t
b o n d s . I n A u g u s t , 1 8 9 5 , $ 2 ,0 1 9 ,0 0 0 a d d i t i o n a l u n i f i e d 4 s w e r e li s t e d
o n t h e N e w Y o r k S t o c k E x c h a n g e , b e i n g p a r t o f t h e $ 2 ,3 3 0 ,0 0 0 h e ld in
th e t r e a s u r y J u n e 3 0 ,1 8 9 5 .
L ate st E ar n in g s .—8
J u ly 1 to F e b . 29.
os. end.
Dec. 3 1 .
m . > 1 8 9 5 - 9 6 . g r o s s , $ 1 4 , 0 2 5 ,1 8 9 ; n e t , $ 5 ,0 8 1 ,9 2 4
5 1 8 9 4 -9 5 .g r o s s ,
1 3 ,1 5 3 ,9 2 0 ; n e t , 5 ,1 5 1 ,1 3 4
Other
income.
A ll other
charges.
$ 3 ,8 8 4 ,4 4 2
$ 2 ,8 3 4 ,1 7 0 $ 1 7 6 , 1 2 6
1 8 9 5 ......... $ 1 0 ,7 2 0 ,0 8 1
1 8 9 4 ......... 1 0 ,1 8 6 ,8 7 8
4 ,1 0 6 ,6 3 8
2 ,8 2 0 ,7 6 6
1 7 9 ,8 4 4
1 8 9 3 .............
9 , 7 5 5 ,9 2 3
3 ,8 7 4 , 5 7 7
2 , 8 5 0 ,7 1 3
1 6 1 ,9 4 0
$ 1 3 4 ,7 3 5
1 ,0 6 5 ,2 8 2
7 2 ,1 2 4
6 m
Gross
earnings.
Net
earnings.
Fixed
charges.
S u r p lu s o v e r a l l c h a r g e s f o r s i x
$ 1 ,0 9 1 ,6 1 3 i n 1 8 9 5 ; $ 4 0 0 ,4 3 4 in 1 8 9 4 .
m o n th s e n d in g
( V . 6 2 , p . 2 7 8 .)
D eo.
31
w as
A n n u a l R e po rt .—F i s c a l y e a r e n d s J u n e 3 0 . A n n u a l m e e t i n g i s h e l d
in L o u is v ille t h e f ir s t W e d n e s d a y in O c to b e r . R e p o r t f o r 1 8 9 4 -9 5 w a s
g i v e n i n f u l l i n V . 6 1 , p . 6 0 7 , 6 1 3 . S e e a ls o e d i t o r i a l p . 5 9 0 .
Tear end. June
30.
1895.
1894.
1893.
1892.
A v e r a g e m i l e a g e ____
2 ,9 5 6
2 ,9 5 6
F r e i g h t e a r n i n g s ----P a s s e n g e r s ...................
M a il, e x p re s s , e t c . . .
1 3 , 5 3 7 ,0 9 9
4 ,3 7 0 ,1 5 4
1 ,3 6 8 ,7 4 1
1 2 , 9 0 1 ,1 1 4
4 ,6 0 0 ,9 6 1
1 ,4 7 2 ,2 6 2
2 ,9 4 3
$
1 5 ,4 5 0 ,1 6 3
5 ,2 1 3 ,5 3 3
1 ,7 3 9 ,9 4 3
2 ,8 5 7
$
1 4 ,6 0 4 ,2 2 0
5 ,1 3 7 ,0 1 7
1 ,4 9 4 ,4 4 4
2 2 ,4 0 3 ,6 3 9
2 1 ,2 3 5 ,7 2 1
G r o s s e a r n i n g s ____ 1 9 ,2 7 5 ,9 9 4
1 8 ,9 7 4 ,3 3 7
T r a n s p o r t a t i o n ..........
5 ,9 6 8 ,2 3 2
6 ,0 7 7 ,2 1 5
M a i n t . o f e q u i p ........
2 ,0 6 9 ,8 2 7
1 ,9 3 6 ,9 4 7
“
o f w a y , &o...
2 ,1 1 7 ,8 0 9
2 , 0 4 4 ,4 1 2
G e n e r a l ............................
2 ,1 2 1 ,9 0 5
1 ,8 0 5 ,2 1 1
T o ta l o p er. e x p e n .
N e t e a r n i n g s ..............
P . o t.o f e x p . to e a r n ’g s
N e t , I n c l. I n v s ’ t s ..........
T a x e s p a i d ......................
In te re s t an d r e n t ....
G e o r g ia R R . d e f i c i t . .
L o s s o n o th e r r o a d s ..
A d v a n c e s t o c o m p ’e s
S in k , f u n d p a y m ’ t s .
D i v i d e n d s ......................
1 2 ,2 7 7 ,7 7 3
6 ,9 9 8 ,2 2 1
(6 3 - 6 9 )
7 , 3 6 1 ,4 9 4
5 6 9 ,3 2 6
5 ,0 1 3 ,7 3 8
1 0 8 ,2 6 4
9 0 ,0 2 5
7 0 4 ,5 5 6
1 7 5 ,0 0 0
..........
1 0 ,1 6 3 ,5 7 8
9 ,8 7 6 ,6 7 9
2 ,5 7 0 ,4 9 2
1 ,6 4 8 ,5 7 3
2 ,4 0 4 ,7 1 2
1 ,5 1 0 ,7 3 1
1 1 ,8 6 3 ,7 8 5 1 4 ,3 8 2 ,6 4 3
7 ,1 1 0 ,5 5 2
8 , 0 2 0 ,9 9 6
(6 2 - 5 3 )
7 ,3 8 2 ,8 4 0
6 0 0 ,3 5 9
5 , 0 6 5 ,2 7 7
2 4 ,7 8 4
1 3 9 ,9 3 0
...........
..........
...........
B a l a n c e ............................ s r .7 0 0 ,5 8 5 s r .1 ,5 5 2 ,4 9 0
(6 4 - 2 0 )
8 , 4 3 7 .1 0 5
5 7 9 ,5 3 8
4 , 9 1 1 ,2 5 8
7 0 ,9 7 8
1 2 7 ,0 4 3
2 2 5 ,7 3 7
1 3 ,7 9 2 ,1 2 2
7 ,4 4 3 ,5 9 9
(64-951
7 ,9 7 6 ,8 9 2
5 1 3 ,1 8 5
4 ,8 6 0 ,8 7 8
1 2 4 ,6 9 5
1 2 8 ,0 0 1
...
.
2 ,1 1 2 ,0 0 0
2 ,3 7 6 ,6 6 6
s r .4 1 0 ,5 5 1
d e f.2 5 ,8 6 7
— (V . 5 9 , p. 5 8 0 , 5 9 9 . 6 0 2 . 7 4 2 , 8 7 8 ,9 6 9 , 1 0 0 6 ; V . 6 0 , p . 8 2 , 3 0 2 . f d r ,
; V . 6 1 , p. 6 9 ,1 9 6 ,2 4 0 , 2 8 1 , 5 9 0 , « 0 7 , 6 1 1 , 6 1 3 ,
7 5 0 , 7 Q3 , 8 7 2 , 1 1 0 7 , 1 1 5 5 ; V . 6 2 , p . 8 5 , 2 3 3 , 2 7 7 , 5 8 8 , 6 3 5 .)
f>55. 1 0 5 8 , 1 1 0 5 . 1 1 4 5
RAILROAD
A pb m ., 1896.]
STOCKS AND
BONDS.
&r
M o n ro e ,
'’’C asso p o lls
.T h red R ivers
TOLE
F a y e tte
N 'a p o le o n
M iifo ra
®5at>»
DripttM
M Q N O ^ K . ^ 0 .aft >
A ife
(imk
s w e E tt
h trtorik
'B e lle fo o tili
*i
f
i
UHQtHt
C 4 W F 0 8 D V *^ 4
$O n gfl«M
R b iC K O A i.fi>
f®k>»
■*>,1 ♦IWs.iAfc.1
fe&tsttoi
or.
lhamrU
M i. O livet
iJoltBSwa Je,
$h#S!
iM a w U n g
w ife
i i ^ s F l a e r l f e #/
M AP OP TH E
LOUISVILLE,
_
Ooxr.]>'-r>
—
JeUJeo
,UEW ALBANY & CHICAGO
RAILWAY
/
^Clinton
inoxvillj
Ii>I VECTORS’ 8 UP P LEMENT.
LXII
rVoL.
S u b M c r ib e ra 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 .
D a te
M ile s
of
F o r e x p l a n a t i o n o f c o lu m n h e a d i n g s , & c . , s e e n o t e s !
°f .
B
onds
R
o
a
d
.
o n ii r s t p a g e o f t a b le s .
Louisville i£ Nashville—( (Jon. ) —
K e n t u c k y C e n tr a l— M a y s v ille & L e x . R R . m o r t ... i
jjOHiovme ew j3.io.ic u me.
o iajuh ,
49
220
1876
1887
288
158
512
512
1880
1881
1886
1890
$ 1 ,0 0 0
1 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
i ‘2 2
166
1894
1887
1892
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
165
1896
....
ijiu jiitiu iv u v
,
l e t M . L o u . D i v . — N e w A l b a n y t o M ic h . C i t y . . . 0 '
l B t M . , ( 'h i e . & I n d ’ p o l i s D l v . , C h i c . t o l n d . , g o l d . o * |
C o n s o lid a t e d m o r t g a g e ( f o r $ 1 0 ,0 0 0 ,0 0 0 ) g o l d . o * :
G e n e r a l m o r t g a g e , $ 2 5 ,0 0 0 p . m ., g o l d ..................o *
E q u i p m e n t n o t e s J u l y 1 ,1 8 0 5 .....................................
E q u i p m ’ t s. f. b o n d s , g o l d , $ 1 ,0 0 0 ,0 0 0 , s e e t e x t . o ' ,
L o u t s m lie St. Louis & Texas— 1st m o r t g a g e , g o l d , . o ' i
1 s t o o n s o l. m o r t . , $ 5 ,0 0 0 ,0 0 0 , g o l d ..........................c* ,
N e w Se cu rities w il l be :
S t o c k ($ 2 ,0 0 0 ,0 0 0 5 p . o. n o n - c u in . p r e f . ) ................
1 s t M ., $ 2 ,5 0 0 ,0 0 0 , g o l d ...................................................|
Lykens Valley—S t ’ k , 1 0 p .e .r e n t a l, 9 9 9 y r s . N o r . C e n t , j
Lynch. <&Dur.— 1 s t M .$ 3 ,0 0 0 ,0 0 0 , $ 2 0 ,0 0 0 p .u b .g .o *
Macon <t Birming.— 1 s t M . f o r $ 2 0 ,0 0 0 p . m ., g o l d . .
Macon Dublin <f Savannah—S t o c k ......................
Maine Central— S t o o k ................................. ...............
M e . C . lo a n f o r $ 1 ,1 0 0 ,0 0 0 , D a n v . J o . t o B a r
E x t e n s i o n I s t M . , g o ld , C u m b e r l. J u n e , t o I
L e e d s & F a r m . R R . 1 s t M ., L e e d s t o F a r m i n g t o n , c
M e .C . 1 s t M ., eon B ., A . B . C . D . ($ 2 6 9 ,5 0 0 5 s ) . . . o '
l
Do
do
do
($ 1 ,3 7 4 ,0 0 0 4 s ) . 0 *
*
I
41
....
M e . C e n t . E u . * N o . A m . r e f u n d i n g m o r t . , g o l d . ..
E u r o p e a n & N . A m . s t o c k , 5 p . o. r e n t a l 9 9 9 y e a r s
P o r t l a n d & O g d e n s , s t o c k (2 p . c . r e n t a l , 9 9 9 y e a r s )
1 s t m o r t g a g e , g o l d , i n t e r e s t g u a r ............................o
C o n s o l. M . $ 2 0 .0 0 0 p . m . (g u a r b y e n n . ) . . .
56
114
109
62
107
21
115
97
1890
1890
109
18
36
1868
1870
1871
1872
1872
1883
1885
1 8 8 6 -7
1893
304
1870
1888
Bonds—P r i n c i
IN T E R E S T O R D IV ID E N D S .
p a l, W h e n D u e.
Am ount
R a te p e r W h en
W h e r e P a y a b le a n d b y
Stocks- L a s t
O u ts ta n d in g
P a y a b le
W hom .
C e n t.
D iv id e n d .
S iz e ,o r
Par
V a lu e .
$ 4 0 0 ,0 0 0
6 .7 4 2 ,0 0 0
1 5 ,2 5 0 ,0 0 0
3 ,0 0 0 , 0 0 0
2 , 3 0 0 ,0 0 0
4 , 7 0 0 ,0 0 0
2 ,8 0 0 ,0 0 0
1 5 0 ,8 4 6
7 0 0 ,0 0 0
2 ,8 0 0 ,0 0 0
1 ,6 2 9 ,0 0 0
7
j .
4 g. J .
S ee te x t.
6
j .
6 g. F .
6 g. A .
M.
8 *
5 g. J.
6 g. F.
5 g. M .
4 , 0 0 0 ,0 0 0 t o b e h e l
2 ,1 0 0 ,0 0 0
5 g6 0 0 ,0 0 0 1 0 p . a n .
2 ,0 1 2 ,0 0 0
5 g.
1 .9 4 0 .0 0 0
5 g.
3 .2 0 0 .0 0 0
4 ,9 8 4 ,8 0 0 S e e t e x t .
7 5 6 ,8 0 0
7
4 9 6 ,5 0 0
6 g.
6 3 3 ,0 0 0
6
4 ,1 9 3 ,5 0 0
5 * 7
2 ,8 9 8 ,0 0 0
4 & 4 *s
6 7 4 ,0 0 0
5
6 0 0 ,0 0 0
4 % g,
4 5 0 ,0 0 0
4 % g.
1 ,0 0 0 ,0 0 0
4 g.
2 ,4 8 8 ,7 0 0 5 p e r a n .
4 ,3 8 1 ,8 8 3 2 p e r a n .
8 0 0 ,0 0 0
6 g.
1 ,3 1 9 ,0 0 0
5
20
• 1 ,0 0 0
1 ,0 0 0
100
100
1 0 0 & c.
5 0 0 & o.
1 00 & c.
100 & c.
100 & c.
1 ,0 0 0
1 ,0 0 0
1 ,6 0 6
100
100
5 0 0 & e.
1 .0 0 0
&
&
&
&
&
<fc
N . Y ., 1 2 0 B r o a d w a y ,
do
do
N . Y . , O f f ic e , 8 0 B ’ w a y .
j . N . Y ., C h a se N a t. B a n k
A.
do
do
0.
do
do
N.
do
do
.
J.
j
do
do
& D.
& A.
L a s t p a id F e b ., 1 8 9 3 .
& 8. M c h ., ’ 9 3 , c o u p , l a s t p d .
Jan.
J u ly
See
J u ly
Au g.
A p r.
M ay
1895
D eo.
Feb.
S e p t.
1, 1906
1 , 1981
te x t.
1, 1910
1, 1 9 H
1, 1916
1 , 194C
to 1899
1, 1 9 1 4
1, 191?
1, 1942
d in v o t i n g t r u s t f o r t e n y e a r s .
J . & J . 1 s t c o u p , d u e J u l y , ’ 9 6.
N . Y . , O ffic e , 1 3 W m . S t.
Q .-J .
J. & J.
I n d e fa u lt.
M. & N.
1946
A p r il, 1896
J a n . 1, 1 9 4 0
19<f0
P o r t a n d , M e ., O ffic e .
B o s t., N .R e v . B k .; P o r t .
do
do
do
do
do
do
do
do
B o s t., A r a .L .& T r .; P o r t .
P o r t l a n d T r . C o ., P o r t .
B o s t . , N . R e v . B k .; P o r t .
B o s to n a n d P o r tla n d B a n g o r , T r e a s . O ffic e .
P o r t l a n d , M e . C e n t . O f.
B o s t . , N .R e v .B k .c fe P o r t .
B o s ., N . R e v . B k . & B o s .
A p r . 1, 1886
J u ly 1, 189b
O c t. 1, 1900
J u ly 1, 1896
A p r . 1, 1 9 1 2
A p r . 1, 1 9 1 2
J u n e 1, 1923
F e b . 1, 1905
J u l y , 1 9 1 6 -1 7
J a n . 1, 1 9 3 3
A p r . 15, 1896
F e b ., 1 8 9 6
J u ly 1, 1900
N o v . 1, 1908
Q .— j .
J . & J.
A . & 0.
J . & J.
A . & O.
A . & O.
J. & D .
F. & A.
J . & J.
J . & J.
A . & C.
Q .-F .
J. & J.
M. & N.
L o u i s v i l l e N e w A l b a n y Sc C l i l c a g o .—(See M a p ; — O p e r a t e s t h e | F o r y e a r 1 8 9 5 , g r o s s , $ 4 3 8 , 0 0 6 ; n e t , $ 1 0 0 ,3 0 4 .
“ M o n o n R o u t e ” f r o m C h ic a g o , 111., v i a M o n o n , I n d . , t o I n d i a n a p o l i s ,
I A n n u a l R e p o r t .—F o r y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , g r o s s , $ 4 1 4 , 4 3 2 ;
In d ., a n d L o u is v ille , K y .. w it h b ra n ch es— th e s y s te m In c lu d in g :
n e t , $ 6 2 ,2 7 5 , a f t e r d e d u c t i n g l a r g e a m o u n t s f o r e x t r a o r d i n a r y e x
Lines owned—
Miles.
Oper. under contract—
Miles. p e n s e s . I n y e a r 1 8 9 4 g r o s s e a r n i n g s w e r e $ 4 2 4 ,3 6 5 , a g a i n s t $ 5 2 6 ,6 9 4
I n d i a n a S t a t e L i n e t o I n d i a n a p . 1 6 2 C h ic a g o t o I n d . S t a t e L i n e ........ 2 0 in 1 8 9 3 ; n e t , $ 9 1 ,7 5 1 , a g a i n s t $ 1 6 5 ,1 8 3 . m y e a r 1 8 9 2 - 9 3 g r o s s , $ 6 2 8 .N e w A l b a n y t o M ic h ig a n C i t y . 2 8 9 N e w A l b a n y t o L o u i s v i l l e .................. 5 1 1 2 . - ( V . 6 1 , p . 6 6 2 , 7 9 4 ; V . 6 2 , p . 1 3 8 , 2 3 3 , 2 7 7 , 5 8 9 , 6 8 3 .)
Securities all owned —
C o n n e c t io n i n I n d i a n a p o l i s _________ 2
L o u i s v i l l e S o u t h e r n . —See So u t h e r n R a i l w a y Co .
B e d f o r d & B l o o m f i e l d R R .......... 4 1
O r l.W .B .A F r . L ic k S p r in g s R y 18
T o t a l o f a l l .................................. 5 3 7
L y k e n s V a l l e y H R . Sc C o a l C o . — O w n s f r o m M i l l e r s b u r g , P a . , t o
A l e a s e f o r 9 9 9 y e a r s w i t h C h io a g o & W e s t e r n I n d i a n a ( o f w h o s e s t o c k
W i l l i a m s t o w n , P a . , 2 0 m i l e s ; b r a n c h , 1 m i l e ; t o t a l o p e r a t e d , 2 1 m ile s .
t h is c o m p a n y o w n s $ 1 ,0 0 0 ,0 0 0 ) g i v e s e n t r a n c e t o C h ic a g o o n a m i l e a g e
I t is a c o a l r o a d l e a s e d a n d o p e r a t e d b y t h e N o r t h e r n C e n t r a l R a i l r o a d
b a s is . A s t o I n d i a n a & I l l i n o i s S o u t h e r n s e e V . 6 1 , p . 5 1 2 .
s in c e J u ly , 1 8 8 0 , a n d p r e v io u s ly b y t h e S u m m it B r a n c h R a ilr o a d . T h e
Or g a n iz a t io n .— T h e L o u i s v i l l e N e w A l b a n y & C h ic a g o w a s o p e n e d i n l e a s e is f o r 9 9 9 y e a r s f r o m M a r c h 1 , 1 8 6 6 — r e n t a l $ 6 2 , 5 0 0 p e r a n n u m —
1 8 5 2 a n d s o ld i n f o r e c l o s u r e D e c . 2 7 , 1 8 7 2 , a n d r e o r g a n i z e d . I n A u g u s t V . 6 2 , p . 5 0 0 .
1 8 8 1 , c o n s o lid a t e d w i t h C h ic . & I n d . A i r L in e .
r g Sc D u r h a m . —C o m p l e t e d i n 1 8 9 0 f r o m L y n o h b u r g >
Ca p it a l Sto c k .—I n N o v e m b e r , 1 8 9 3 , t h e $ 1 2 ,0 0 0 ,0 0 0 o f s t o c k t h e n V aL. ,ytno cDhubr u
h a m , N . C ., 1 1 4 m i l e s . L e a s e d f o r 9 9 9 y e a r s f r o m M a r c h 1,
o u t s t a n d i n g w a s c la s s if ie d i n t o $ 9 ,0 0 0 ,0 0 0 o f c o m m o n a n d $ 3 ,0 0 0 ,0 0 0
1 8 9 3 , t o N o r f o lk & W e s te r n , w h ic h in 1 8 9 5 w a s p la c e d in r e c e iv e r s ’
o f p r e f e r r e d , a n d a n a d d i t i o n a l $ 1 ,5 0 0 ,0 0 0 p r e f e r r e d w a s s o ld t o s t o c k
hands.
S t o c k a u t h o r i z e d , $ 2 , 0 0 0 , 0 0 0 ; o u t s t a n d i n g , $ 1 ,8 7 6 ,3 0 0 (p a r
h o ld e r s a t 4 0 p e r c e n t t o p a y f o r e q u ip m e n t . F o r f u t u r e c a p i t a l r e
$ 1 0 0 ), o f w h i c h N . & W . o w n e d $ 1 ,1 6 3 ,0 0 0 o n J a n . 1 , 1 8 9 5 . M o r t g a g e
q u i r e m e n t s f r o m t i m e t o t i m e a n a d d i t i o n a l $ 2 ,5 0 0 ,0 0 0 o f p r e f e r r e d
t r u s t e e is t h e M e r c a n t i l e T r u s t C o .
I n y e a r 1 8 9 4 g r o s s e a r n in g s
m a y b e is s u e d ; $ 1 ,7 5 0 ,0 0 0 w a s s o is s u e d A p r i l 2 7 , 1 8 9 5 , m a k i n g t o t a l
$ 1 5 0 ,0 2 2 ; n e t , $ 6 ,1 2 9 ; d e f i c i t u n d e r i n t e r e s t a n d o t h e r c h a r g e s , $ 6 4 ,7 0 8
r e f e r r e d is s u e d $ 6 ,2 5 0 ,0 0 0 . T h e p r e f e r r e d is e n t i t l e d t o 6 p . c . d i v i — a d v a n c e d b y N o r f o l k * W e s t e r n , w h ic h c o m p a n y c la im s $ 1 1 4 ,2 5 6
e n d s o n l y , n o n - e u m u la t iv e .
i n a l l d u e f o r a d v a n c e s . I n 1 8 9 3 g r o s s , $ 1 6 3 , 4 7 4 ; n e t . $ 1 9 , 8 6 3 ; in
D iv id e n d s .—O n n e w p r e f e r r e d F e b r u a r y 1 5 , 1 8 9 4 , l '- 3 p e r c e n t .
1 8 9 2 g r o s s , $ 1 3 5 ,1 6 5 ; n e t , $ 2 6 ,3 9 4 .
( V . 5 4 , p . 1 5 9 ; V . 6 1 , p . 4 7 1 .)
B onds .—T h e general mortgage o f 1 8 9 0 i s f o r $ 2 5 ,0 0 0 p e r m i l e o f r o a d
M a c o n Sc B i r m i n g h a m . - O w n s M a c o n J u n c t i o n t o L a G r a n g e ,
a n d $ 1 0 ,0 0 0 ,0 0 0 b o n d s a r e r e s e r v e d t o r e t i r e t h e l e t s a s t h e y m a t u r e .
G a ., 97 m i l e s . M e s s r s . G i l i , S h a w a n d O b e r o f B a l t i m o r e w e r e a b o n d
T r u s te e C e n tr a l T r u s t C o. T h e B e d fo r d & B lo o m fie ld R a iir o a d a n d
h o ld e r s ’ c o m m it t e e .
R o a d .—S o ld in F o r e c l o s u r e D e o . 27, 1895, a n d in
t h e O r le a n s W e s t B a d e n & F r e n c h L i c k S p r in g s R a i l w a y h a v e n o
A
p r i l , 1896, t u r n e d o v e r t o p u r c h a s e r s , E d w a r d s & P a r s o n s of B o s t o n .
d e b t , a n d t h e i r e n t i r e c a p i t a l s t o c k is d e p o s it e d a s s e c u r i t y f o r
t h e L o u i s v i l l e N e w A l b a n y * C h i c a g o consolidated and general m o r t P u r c h a s e p r i c e , $200,000 f o r t h e r o a d a n d $169,000 f o r l e a s e w a r r a n t s .
— V . 62, p . 6 8 3 .
g a g e s , a s is a ls o t h e $ 1 ,0 0 0 ,0 0 0 o f C h ic a g o & W e s t I n d i a n a R R . s t o c k
a n d $ 2 4 0 ,0 0 0 s t o o k o f t h e B e l t R a i l w a v o f C h ic a g o .
E ar n in g s .—8 months,
1 8 9 5 - 6 ............. G r o s s , $ 4 9 ,9 0 6 ; d e f . , $ 1 ,0 5 0
T h e e q u i p m e n t b o n d s w e r e a u t h o r i z e d in S e p t ., 1 8 9 4 .
M o rtg a g e
J u ly 1 t o F e b . 29.
1 8 9 4 - 5 ............. G r o s s , 5 5 , 2 6 2 ; n e t , 1 2 ,5 9 3
t r u s t e e s a r e J a m e s M u r d o c k , L a f a y e t t e , I n d . , a n d C e n t r a l T r u s t C o .,
I
n
y
e
a
r
e
n
d
i
n
g
J
u
n
e
3
0
,
1
8
9 5 , g r o s s , $ 7 8 ,3 0 3 ; n e t , $ 1 2 ,4 8 5 . C h a r g e s ,
N e w Y o r k . S in k in g f u n d i s $ 3 0 ,0 0 C y e a r l y , c o m m e n c i n g S e p t . 1 ,1 8 9 8 ,
a n d b o n d s c a n b e d r a w n a t 1 0 5 . B o n d s w i l l b e is s u e d o n ly a s t i t l e o f $ 1 0 2 ,8 4 3 . B a l a n c e , d e f i c i t , $ 9 0 ,3 5 7 . I n 1 8 9 3 - 9 4 , g r o s s , $ 7 1 , 0 5 0 ; n e t ,
$
1
2
,3
3
1
.
I
n
1
8
9
2
9
3
g
r
o
s
s
,
$
6 9 , 7 6 1 ; n e t , $ 1 1 ,2 0 0 . ( V . 5 9 , p . 1 0 0 7 ; V .
e q u i p m e n t i s v e s t e d i n t r u s t e e ; $ 2 9 1 ,0 0 0 e q u i p m e n t b o n d s a r e r e s e r v e d
6 0 , p . 8 3 , 7 9 5 ; V . 6 1 , p . 6 1 1 , 8 3 0 , 8 7 1 ; V . 6 2 , p . 4 0 , 2 3 3 , 6 3 5 , 6 8 3 .)
a g a i n s t t h e e q u i p m e n t n o t e s .— S e e V . 6 0 , p . 7 4 9 .
S
B i l l s p a y a b l e J u n e 3 0 ,1 8 9 5 , w e r e $ 2 3 4 ,9 3 2 , a g a i n s t $ 3 4 2 ,0 8 1 i n 1 8 9 4 .
A m e r i c a n E x p r e s s C o . 1 0 - y e a r i n s t a l m e n t l o a n , $ 1 9 4 ,4 4 4 . E q u i p m e n t
n o t e s f o r $ 1 9 ,2 5 7 f a l l d u e i n 1 8 9 5 .
G e n e r al F inances .— U n d e r t h e n e w m a n a g e m e n t m o r e t h a n $ 3 ,0 0 0 0 0 0 h a s b e e n e x p e n d e d f o r im p r o v e m e n ts , t h e e n tir e lin e b e in g n o w la id
w i t h s t e e l. A s t o o l d C h ic a g o & S o u t h A t l a n t i c c la im s s e e V . 6 0 , p . 5 2 2 .
I n M a y , 1 8 9 5 , t o d is c h a r g e b i l l s p a y a b l e , o l d c a r t r u s t s a n d c e r t a i n
i m p r o v e m e n t e x p e n d i t u r e s t h e c o m p a n y s o ld t o s t o c k h o ld e r s $ 7 0 0 ,0 0 0
e q u i p m e n t s i n k i n g f u n d 5 s a u d $ 1 ,7 5 0 ,0 0 0 o f p r e f e r r e d s t o c k .
E arnings .—8
m o n t h s , ) 1 8 9 5 - 6 . . . . G r o s s , $ 2 ,2 0 3 ,4 1 5 ; n e t , $ 7 4 4 ,7 2 4
J u ly 1 to F e b . 2 9.
{ 1 8 9 4 -5 . . . . G r o s s , 2 ,0 1 2 , 1 6 1 ; n e t , 6 1 4 ,3 0 4
A n n u a l R e r o r t —F i s c a l
y e a r c h a n g e d in 1 8 9 1 t o e n d
R e p o r t f o r 1 8 9 4 -9 5 w a s g i v e n i n V . 6 1 , p . 5 1 2 , a n d s h o w e d :
June
30.
1 8 9 4 -9 5 .
1 8 9 3 -9 4 .
1 8 9 2 -9 3 .
1 8 9 1 -9 2 .
G r o s s e a r n i n g s . . : ........ $ 3 ,0 6 7 ,0 1 4 $ 3 ,1 3 5 ,8 8 2 $ 3 ,4 1 6 ,4 8 8 $ 3 ,0 6 7 ,1 0 8
N e t e a r n i n g s ..................
9 9 6 ,1 0 4
1 ,0 1 7 ,2 7 2
1 ,0 6 0 ,6 2 2
9 5 2 160
D iv id e n d s r e c e iv e d . . .
7 8 ,6 0 0
6 0 ,0 0 0
7 4 ,4 0 0
45 000
T o t a l n e t i n o o m e . $ 1 ,0 7 4 ,7 0 4 $ 1 ,0 7 7 ,2 7 2
In te r e s t o n b o n d s, e tc
7 8 3 ,0 6 3
7 7 2 ,5 9 9
R e n t a l s ..............................
2 2 1 ,8 2 3
2 2 6 ,6 8 8
B a la n c e , s u r p l u s . .
$ 6 9 ,8 1 8
f $ 7 7 ,9 8 5
$ 1 ,1 3 5 ,0 2 2
7 6 3 ,8 1 0
1 9 1 ,0 3 1
$ 1 8 0 ,1 8 1
f s ^ - t e e T * o ^ T o l s 6' ' ' 61''
$ 6 5 ,9 1 6
D iv id e n d s .—I n 1882,2 p e rc e n t; in 1883,5%: from 1884 to A pril,
1896, both inclusive, at the rate of 6 per cent yearly.
F o i 'e e l o s u r e 8 a le ^ a d v e r t i s e d
W. H.
M a le , N e w
Y ork
C it y ; S a m u e l D . D a v is , J o h n J . M c C o o k a n d H a r r y W e is s in g e r ,
C on
s o lid a te d M o r t g a g e .- B r a y t o n I v e s , W i l l i a m T r e n h o l m , E . M . P o s t , O s c a r
V ^2
o r t h e r n R y . — A b s o rb e d b y C e n tra l o f G a. R y — See.
M a i n e C e n t r a l . — L i n e o f r o a d , P o r t l a n d t o V a n c e b o r o , M e ., v ia
A u g u s t a , 2 5 1 m i l e s ; b r a n c h e s , C u m b e r la n d J u n c t i o n t o S k o w h e g a n ,
91 m ile s ; B a th to L e w is t o n a n d F a r m in g to n , 7 6 m ile s ; b ra n c h e s —
B e l f a s t , D e x t e r , B u c k s p o r t a n d M t . D e s e r t F e r r y (7 % m i l e s ) , 1 3 3 m ile s ;
P o r t la n d * O g d e n s b u r g R R ., P o r t la n d , M e ., t o L u n e n b e r g , 1 0 9 m ile s ;
s m a ll b r a n c h e s , 6 m ile s ; U p p e r C o o s a n d H e r e f o r d r a i l w a y s , L u n e n b e r g ,
N . H . , t o L i m e R i d g e , Q u e b e c , 1 0 8 m ile s ; B a t b t o R o c k l a n d (i n c l u d i n g
s t e a m f e r r y , 6 -1 0 m i l e s , ) 4 8 m i l e s ; t o t a l , 8 2 2 m i l e s , o f w h i c h 3 4 5 m ile s
o w n e d , 4 2 9 m ile s o p e r a t e d u n d e r 9 9 9 y e a r le a s e s , a n d p r a c t ic a lly
o w n e d ; 3 3 m i l e s o p e r a t e d u n d e r 5 0 - y e a r le a s e s a n d 8 m i l e s f e r r y l i n e s .
O r g a n i z a t i o n .— A c o n s o l i d a t i o n i n 1 8 6 2 o f t h e A n d r o s c o g g i n & K e n
n e b e c a n d t h e P e n o b s c o t * K e n n e b e o , i n t o w h i c h h a v e s in c e b e e n m e r g e d
th e P o r t. * K e n n e b e c , S o m e rs e t * K e n n e b e c a n d L e e d s * F a r m in g to n
R R . C o . S t o c k f o r $ 2 , 5 1 6 , 0 0 0 is o w n e d b y B o s t o n * M a in e .
L o u i s v i l l e S t . L o u i s Sc T e x a s . — R o a d .— L o u i s v i l l e t o H e n d e r
s o n K y . , 1 4 2 m ile s , o f w h i c h W e s t P o i n t t o L o u i s v i l l e , K y . , 2 1 m i l e s is
t r a o k a g e ; o w n s a ls o I r v i n g t o n t o F o r d s v i l l e , K y . , 4 3 m ile s , a n d b r a n c h
^
o p e r a t e d , 1 8 6 m ile s . A u g u s t . 1 8 9 3 , c o u p o n w a s n o t p a id ,
Com m ittees —F irst M o r tg a g e C o m m itte e :
Sc N
M a co n
$997 160
768 243
1 6 3 J )0 1
11 P a i d o n p r e f e r r e d $ 5 7 , 2 5 2 ; b a l a n c e s u r p lu s , 1 8 9 3 -9 4 , $ 2 0 7 3 3
S a m u e l T n o m a s , P r e s ., N . Y .
(V . 5 8 , p . 8 2, 9 4 1 : V . 5 9 n 191 4 2 3
4 7 0 , 4 7 3 , 5 1 5 ; V . 6 0 , p . 5 2 2 , 7 4 8 , 7 9 5 , 8 3 6 , 9 2 9 ^ . 6 1 , p .’ 5 1 2 )
’
te r M ay L
M a con
D u b lin
Sc S a v a n n a h . — O w n s r o a d c o m p l e t e d f r o m
M a c o n t o D u b lin , 5 4 m i l e s ; p r o j e c t e d t o S a v a n n a h , 9 9 m i l e s a d d i t i o n a l .
B u ilt b y th e I llin o is & G e o r g ia Im p r o v e m e n t C o m p a n y o f C h ic a g o . V .
6 0 , p . 7 1 1 , 7 9 4 , 8 7 3 . I n y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , g r o s s , $ 5 1 ,9 5 2 ; n e t ,
$ 9 ,7 4 0 ; c h a r g e s , $ 2 ,6 8 4 ; b a l a n c e , s u r p lu s , $ 7 ,0 5 6 . I n 1 8 9 3 - 9 4 , g r o s s .
$ 5 5 ,1 1 4 ; n e t , $ 2 0 ,3 1 4 .— ( V . 6 0 , p . 7 1 1 , 1 0 5 8 . )
v l r y , KT1 8 9 6 , a ™ o r ? a :a lz‘ l t i o u p l a n w a s i s s u e d l i y J o h n
p ° 2 7 7 ^' B ' V U n N o s t r a n a ’ H - W e i s s i n g e r a n d O s c a r F e n l e y . — S e e
B o n d s , G u a r a n t i e s .— C o n s o ls o f 1 8 7 2 a r e h e l d i n t r u s t t o r e t i r e a ll
u n d e r ly in g b o n d s a t m a t u r it y .
F r o m J a n . 1 ,1 8 9 4 , t o A p r i l 1 ,1 8 9 5 , a b o u t $ 2 ,0 0 0 ,0 0 0 o f 6 p . e. b o n d s
h a d b e e n r e f u n d e d a t 4 p .e . a n d $ 6 0 0 ,0 0 0 o f 6 s a t 4 % p . c .
T h e r e w e r e a ls o o n J u n e 3 0 , 1 8 9 5 , $ 7 6 ,0 0 0 S h o r e L i n e 6 s , d u e 1 9 2 3 ,
a ls o $ 1 5 0 ,0 0 0 B e l f a s t & M o o s e h e a d L a k e m o r t g a g e b o n d s , d u e 1 9 2 0 ,
n o t g u a r a n t e e d , i n t e r e s t a n d s i n k i n g f u n d p a i d o u t o f t h e r e n t a l.
J o in t ly w it h B . * M . g u a r a n t e e s $ 3 0 0 ,0 0 0 P o r t . U n io n S ta t io n b o n d s .
F l o a t in g D ebt .—N otes payable were $863,304 on June 30,1895.
L
atest
E
a r n in g s
.— F o r t h e 6 m o n t h s e n d i n g D e c e m b e r 3 1 :
6 months—
Cross.
1 8 9 5 ..........................$ 2 ,7 2 6 ,1 1 5
1 6 9 4 . . .......... ...........
2 , 5 3 1 ,9 3 1
Net.
$ 1 ,0 1 2 ,5 0 9
8 9 9 ,7 7 8
Interest, etc.
B a l.,tu r
$ 6 4 0 ,7 1 4
6 5 1 ,7 1 2
$ 3 7 1 ,7 9 5
2 4 8 ,0 6 6
A N N U A L R e p o r t .— F i s c a l y e a r e n d s J u n e 3 0 ( f o r m e r l y S e p t . 3 0 ).
T1-16 P 1? ? ln V . 6 2 , p . 1 3 8 , p r o v i d e s f o r t h e is s u e o f n e w s e c u r i
n n u a l m e e t i n g 3 d W e d n e s d a y in O c t o b e r . R e p o r t f o r t h e year e n d i n g
t i e s s h o w n in t a b l e .
rhe s t o c k is t o b e h e ld b y J o h n J . M c C o o k , B r a y A
J u n e 3 0 , 1 8 9 5 , w a s in V . 6 1 , p. 6 59.
t o n I v e s a n d O s c a r F e n l e y , a s v o t i n g t r u s t e e s , f o r t e n \e a r s . O f t h e
June 3 0 —
1895.
1894.
S iO O .O O O
a r e r e s e r v e d t o b u ild e x t e n s io n s ' t o L Tears
o u i s v i ending
lle .
“ J f i r s t m o r t g a g e b o n d h o ld e r s r e c e i v e f o r e a c h $ 1 ,0 0 0 b o n d a n d
G r o s s e a r n i n g s ........................................................... $ 4 ,6 5 5 ,5 8 4
$ 4 ,8 3 9 ,7 6 1
1 ,6 1 6 ,6 0 1
1 ,7 0 3 ,1 9 8
L e ts t
h
a
n
“ ? W flr 8 t s a ,ul1 * 5 7 1 4 3 h > P r e f e r r e d s t o o k . N e t e a r n i n g s .............................................................
L e s s t lia u $ 1 0 0 ,0 0 0 H i s t m o r t g a g e b o n d s r e m a i n u n a s s e n t e d .
I n t e r e s t a n d r e n t s ..................................................
1 ,3 2 1 ,7 7 1
1 ,3 0 9 ,5 3 8
D i v i d e n d s ........ ...........................................................
2 9 8 ,5 0 1
S t o c k — C a p i t a l s t o c k is $ 3 , 0 3 7 , 2 0 0 ; p a r , $ 1 0 0 .
2 9 8 ,5 0 1 |
T l M j t n INlGt8A- |?»Il109 Otl18’
J M S J a n . 1 t o F e ll. 2 9 .
i l o o ? ............. G r o s s , $ 6 8 , 4 2 4 ;
{ 1 8 9 5 .............. J r o s s , 5 9 , 1 6 2 ;
n e t,
n e t,
$ 1 1 ,2 0 7
9 ,7 9 2
B a l a n c e .................
d e f.$ 3 ,6 7 1
____
__________
s u r .$
9 5 .1 5 9
— (V . 5 9 , p . 1 0 5 5 ; V . 6 0 , p. 3 4 9 , 8 3 6 ; V . 6 1, p .5 5 9 , 6 5 9 ; V . 6 2, p .3 2 0 ,)
RAILROAD
APRIL, 1U96.J
S u b s c r ib e r s w i l l c o n f e r
a
STOCKS AKI> BONDS.
g r e a t f a v o r b y g i v i n g Im m e d i a t e n o t ic e
R A IL R O A D S .
F o t e x p l a n a t i o n o f c o lu m n h e a d i n g s , A c . , s e e n o t e s
o n d r s t p a g e o f t a b le s .
M ile s
D a te
S iz e , o r
of
of
Par
R oa d . B o n d s V a lu 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 r i n c i
IN T E R E S T O R D IV ID E N D S .
p a l,W h e n D u e .
Am ount
R a te p e r
W h e n W h e r e P a y a b le , a n d b y
Slocks—hast
O u ts ta n d in g
C e n t.
P a y a b le
W hom ,
D iv id e n d .
Maine Central—r Concluded. /—
D e x t e r & P i s c a t a q u i s s t o c k 5 p .e , r e n t a l 9 0 s ' y e a r s .
1 s t M „ D e x t e r t o D o v e i , e t c . , g u a r , b y e n d ........
H e r e f o r d K ' y s t o c k ( 4 p . c . r e n t a l f o r 9 9 9 y e a r s ) ..
1 s t m o r tg a g e , g u a r . p. A i.(e n d o r s e d ..
J p p e r C o o s R R . s t o c k , 6 p . o. r e n t s * “
1 s t m o r t .. g u a r . p . A 1. ( e n d o r s e d ) .
E x t e n s i o n M . . $ -2 1 ,0 0 0 p . m ., g u a r . p . A M e n d . ) .
K n o x A L i n c o l n s t o c k , g u a r . , 5 i>. c ., 9 9 9 y e a r s , ..
1 s t M . P e n o b s e o t S h o r e L i n e R R . C o ., a s s u m e d .
K . A L . 2 d m o r t g a g e ( f o r 2 4 0 0 ,0 0 0 ) a s s u m e d . ..
D e x t e r A N e w p o r t , s to c k , 5 p . e . a f t e r X o v . 2 5 , ’9 8.
E a s te r n M a in e , s to c k , 4 % p . e t „ r e n t a l 9 9 9 y e a r *
Manchester it A ugusla—1 s t m o r t g a g e , g o l d ........... 0 *
C h a r le s t o n & N o r t h e r n 1 s t t n o r t . " B " g u a r . , g o l d .
Munches, x Law ,- S to c k ,1 0 p . e . r e u 'l t t l l 1 9 3 7 . H .A M .
B e a l e s t a t e b o n d s ( n o t m o r t . ) !n t . g u . b y B . A > l c
Manhattan Elevated. — C o n s o l i d a t e d s t o c k ...................
M e t r o p o L E l. 1 s t M . , $ 6 0 0 , 0 0 0 p . m . , a s s u m ’ d, g .e *
2 d m o r t g a g e (a s s u m e d ) ............................................. e*
N . Y . E L d e b ., s e c u r e d b y c o n s o l, m o r t . o f 1 8 9 0 . .
M a n h a t t a n E l e v a t e d c o n s o l i d a t e d m o r t ., g o l d . . c ‘
Marietta X So, Ga.—1 s t m o r t . , $ 7 , 0 0 0 p . B . . g o l d . .
C o n . 1 s t M ., g . . # i , 5 0 0 , 0 0 0 . * . f . # 1 5 ,0 0 0 a f t . H 9 7 . c r
M u on Oily A f o r t Dodge—1 st m . f l 5 ,0 0 0 p . m i l e , g.
I f ntvhu A Charleston—Stock . . . ............................. .
B o n d * o f 1 8 8 0 , s e c u r e d b y o l d m o r t * . i n t r u s t , g o ld .
O ld 2 4 m o r t g a g e b o n d * , e x t e n d e d (S e e t e x t ) — c
C o n * . M . o f *7 7 w i t h 1 s t l i e n o n 9 3 m . i n T e u n . . g . e ‘
C o n s o l m o r t g a g e o f 1 * 7 7 , g o l d . . . . . . . .....................c "
G e n e r a l m o r t g a g e , g o l d ............................................... c a t
17
17
53
53
2*2
22
33
49
4.8
48
14
18
65
78
22
i s s '9
1890
1890
1800
1890
1891
1893
1895
1892
3«
18
18
32
32
224
02
293
200
293
293
293
1878
1879
1886
1890
1861
1887
1386
1880
1867
1877
1877
1834
$100
1 ,0 0 0
100
1 ,0 0 0
100
1 ,0 0 0
1 ,0 0 0
100
1 .0 0 0
1 ,0 0 0
100
100
1 ,0 0 0
100
1 ,0 0 0
100
A A $
1 *0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
25
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 .0 0 0
1 ,0 0 0
89
$ 1 1 0 ,0 0 0
1 7 5 .0 0 0
8 0 0 .0 0 0
8 0 0 ,0 0 0
3 5 0 .0 0 0
3 5 0 .0 0 0
5 7 5 .0 0 0
200.000
5 p e r an.
4
4 p e r an.
4
6 p er an.
4
4 ls
5 p e r an.
1 .3 0 0 .0 0 0
3 2 5 .0 0 0
5
6 to 5
122.000
200,000 4 t a p . a n .
1 .0 9 9 .0 0 0
4 2 5 .0 0 0
5
4
10 p .
4
6 per
1 , 000,000
2 7 4 .0 0 0
3 0 ,0 0 0 ,0 0 0
1 0 ,8 1 8 ,0 0 0
4 .0 0 0 .
1 .0 0 0 . 0 0 0
S ee te x t.
3 8 3 .0 0 0
3 .8 2 1 .0 0 0
1 .3 8 0 .0 0 0
5 ,3 1 2 ,7 2 3
2 .1 5 5 .0 0 0
1 0 5 .0 0 0
1 .4 0 0 .0 0 0
9 6 4 .0 0 0
1 ,0 0 0 ,0 0 0
«•
g.
an.
an.
000 1 *
5
ti:
;
I
6 g.
o K-
! ' * •
; I*-
i
6 K-
& J.
A J.
A N.
A N.
A N.
& N.
& N.
* A
F. A A .
F. & A .
M . A S.
M. A N.
J . & J.
M A S.
M. A N.
J . A J.
I Q — J.
J . A J.
M . A N.
M . A 3.
A . A 0.
J. A
J.
J.
M.
M.
M.
M.
M.
F.
D o v e r , M e . . O f fic e .
B o a t. N . R e v . B k ., P o r t .
P o r t l a n d , M e . C e n t . O f.
B o s to n , M ass. N a t. B k .
P o r t l a n d , M e . , O ffic e ,
B o a t ,, N . R e v . B k . ; P o r t ,
P o r t l a n d , M e , , O f fic e .
P o r tr d ,M e ,,M e .C e n t,O f.
B o s to n , N a t. R e v e r e B k .
do
do
D e x t e r . M e . , O f fic e .
R o c k l a n d , M e ,, O ffic e .
B a lt e ., S a fe D e p . A T r .
M a n e Iie s t e r a n d B o s t o n .
B o s to n , B . A M . R R .
N . Y „ 71 B ro a d w a y .
N . Y . , M e r c a n tile T r . C o.
do
do
N , Y „ M e r c a n tile T r .C o .
N . Y . . O f . , 7 1 B r o a d w 'y .
J u l y , ’ 9 0 , l a s t m ild ,
J. A
J.
A
J.
J.
J.
J.
J.
A
A
A
A
A
In d e fa u lt.
J.
J.
J.
J.
J.
J a n . , ’ 9 4 , p a i d F o b . l.'O G
J a n „ ' » 4 . p a i d F e b . 1 ,*9 6
J a n .,'9 4 , p a id F e b . 1 ,''9 0
J i.u .,’ 9 4 , p a id F e b . 1 ,’ 9 8
, J u l y , 1 8 9 2 , l a s t p a id .
J a n ,, 1 8 9 6
J u ly 1, 1 9 2 9
N o v ,, ls 9 o
M a y 1, 1 8 3 0
N o v ., 1895
M a y 1, 193 0
M a y 1, 1 9 3 0
F e b ,, 1 8 9 6
A u g . 1, 1 9 2 0
J u l y 1, 1 9 2 1
M e h . , 1S9G
N o v ., 1895
J a n . 1, 1 9 4 3
M e h . 1, 1 9 1 5
N o v . 1, 1895
J a n . 1, 1 9 2 2
A n r . 2, 1 8 9 6
J u l y 1, 1 9 0 8
N o v . 1, 1899
M eh . 1, 1 9 1 6
A p r . 1, 1 9 9 0
j J u ly 1, 1911
J a n . 1, 1 9 3 7
J u ly 1, 1 9 2 6
Jam
Jan.
Jan.
Jam
Jam
l,”
1,
1,
1,
1,
i9 1 5
1915
1915
1915
1924
n a i i < t i . - « t < - r Sc. A u i £ u » l * . — R o a d f r o m D a r l i n g t o n t o D e n m a r k , ( J u n ta . 0 a „ 2 0 t u lle * ; t o t a l o p e r a t e d , 2 4 4 m i l e s .
S o ld In f o r e e l o s u r
S, C . 1 0 2 m i l e * ! C r e * t o n t o P r e g n a l l e , 4 1 m i l e * : b r a n c h t o F e r g u s o n ,
N o v . 2 5 , 1 9 9 5 , a n d w a s t o b e r e o r g a n i z e d as t h e A t l a n t a K n o x v i l l e &
6 m i l e * ; t o t a l , 1 6 5 m i l e s . P a r t o f A t l a n t i c C*ra * t lia * .
N o r t h e r n R y . (w -r p l a n In V . 6 3 , p . 0 5 .
A n in ju n c tio n p r e v e n t e d tr a n s
S T O C K ,— C a p i t a ! s t o c k 1# a u t h o r i s e d a t $ 1 0 ,0 0 0 p e r m i l e o f c o m p l e t e d
f e r t o n e w c o m p a n y , a n d p o r e fu t s e w n o t b e in g a id e t o c o m p le t e p a y
r o a d . O u t s t a n d in g In M a r c h , 1 3 0 6 , $ 6 9 3 ,2 0 0 .
m e n t o f p u rc h a s e m o n e y , r o a d w a s o r d e r e d t o b e r e s o ld o n A p r i l 2 3 — V .
0 2 , p . S 3 , 36.5, 4 5 7 , 5 0 2 . 3 4 s .
B o x o « . — F i r s t m o r t g a g e 5 * a r e l i m i t e d t o $ 1 5 ,0 0 0 p e r m i l e a n d $ 2 0 0 ,
0 0 0 f o r t e r m i n a l * , u n d e r a J o in t t r a f f i c c o n t r a c t w t t h t h e R i c h m o n d i
M a s o n C i t y A F o r t D o d g e . — O w n * ro a d fr o m M a s o n C it y , la ,,
P r e d e r ie k * b u r * A P o t o m a c , R ic n m o n i A P e t e r s b u r g . P e t e r s b u r g R R . , !
t o L e h i g h , l a . , 9 3 m ile s , a n d h r a a o h . 1 t u lle * . S t o c k a u t h o r i s e d . * 5 . N o r f o l k A C a r o l i n a , W i l m i n g t o n A W e ld o n , W i l » , C o l A A u g u s t a a n d !
0 0 0 , 0 0 0 ; o u t s t a n d i n g , $ 9 2 0 ,0 0 0 * . p a r , $ 1 0 0 .
In y e a r e n d in g J u n e 3 0 ,
F lo r e n c e R R . , t h o s e c o m p a n i e s a g r e e t o s e t a s id e m o n t h l y 2 0 p e r c e n t
l $ 9 f . g r o * - . $ 1 2 9 ,0 1 2 ; n e t . $ 2 3 ,1 9 0 ; c h a r g e s , $ 1 1 0 .4 3 5 ; b a b i n e e . d o f io lt ,
o f g r o w r e c e i p t s f r o m t r a f f i c - w i t h M a n c lu w t o r St A u g u s t a , s a m e t o b e
# 8 7 ,2 5 5 .
In 1 8 0 3 -9 4 g r o w . # 1 3 3 ,7 9 2 ; n e t , $ 1 (2 ,3 2 3
«o t cu rren t
used e a c h y e a r t o m a k e u p a n y d e fle lt f o r in t e r e s t o n M . A A . b o n d s
U a b t U U e * J u n e 3 *». 1 8 0 5 , $ 7 6 4 , 0 0 4 , I n c l u d i n g u n p a i d c o u p o n s , 9 7 4 5 , C h a r le s t o n A N o r t h e r n d i v i s i o n •• B ” b e a d * . $ 4 2 3 , 0 0 0 . a t e g u a r a n t e e d ; ■200. P r iv iid e n t . 3 L O . H e l i o n , o f Ht. P a u l.
th e y a r e a ls o e n d o w e d b y th e N o r th E a s t e r n R R . a n d th e W ilm in g t o n
C w ttm td * A A u g u s ta R R ; t h e y c o v e r th e 7 8 m ile s p u r c b a s e d a t fo r e
V l e m p U t * A- C h a r l e s t o n I I I * . — B o x o . — O w n * f r o m M e m p h l * t o
c lo t u r e o f t h e C h a r l e s t o n 8 u m t e r A N o r t h e r n . The S o u t h A N o r t h
S t e v e n s o n , A l a . , 2 7 2 m i l e * ; b r a n c h e s t o F l o r e n c e , e t c . , *20 m t l a * ; l e a s e *
C u r o iin n H R . w a s p u r .- Im s e d f o r * 0 5 , 0 0 0 In M . A A . d r a t m o t * , b o n d * .
t o C h a t t a n o o g a , 3 8 m i l e * ; t o t a l , 3 3 0 m i l e * — l a r g e l y 5 6 p o u n d s s t e e l.
I n D e c e m b e r, 1 8 9 5 . t h e A t la n t ic C o a s t L in e C o . a g r e e d t o g u a r a n t e e
R c c c t v i e n i f i r r , B T C .— 'T h e S o u t h e r n R a i l w a y C o m p a n y o w n * $ 2 ,6 5 0 , *
11 A A , B r * t * . p r i n e i p a l a n d in t e r e s t .
5 2 5 o f th e s to c k , b u t r ig h t t o v o t e th e re o n w » * c o n te s te d .
( V . 5 0 , n*
J U W H B O *. - m
11 m o n t h * e n d i n g J u n e 3 0 , 1 8 9 3 , g m * - . $ •> 2 ,3 3 0 ;
7 0 3 ; V . 5 3 , 'p. 8 3 1 . ) R e c e i v e r * a p p o i n t e d t n 1 8 0 3 , H e n r y F i n k a n i l C .
d e ifo tc u n d e r o p e r a t i n g e x p e n s e * a n d t a t u , $ 2 5 ,4 8 0 , V . 6 1 , p , 1 0 6 3 .
M . M c G h e e . L a r g e e x p e n d i t u r e s f o r I m p r o v e m e n t * a r e s a id t o tie n e c e s
V . 5 6 , p . 9 8 2 . F o r e c lo s u r e p r o c e e d in g * u n d e r th e g e n e r a l m o r t
M a n c h e s te r *
L a v * r e n e e , — o w n * fr o m M a n c h e s te r, K . H „ to s a ry .
M e th u e n ( S t a t e L l n e i , 2 2 H m ile * . L e a s e d Tor 5 0 y e a r * f r o m S e p t e m b e r g a g e w e r e f l l t d In D e e , , 1 6 0 3 , F o r e c l o s u r e s u i t u n d e r t h e c o n s o l i d a t e d
m
o
r
t
g
a
g e h a * be< a ni>*<i a n d * a l t » w i l l o b o r t l y be- b r o u g h t u n d e r t h e
1 , 1 8 * 7 , t o B m t i i a A M a in e a t a r e n t a l p a y i n g 1 0 p e r c e n t d i v i d e n d * ,
o l d t ir e t a n d s e c o n d e x t e n d e d n a u r t g a s e * .
( a J u n e . 1 8 9 5 , a d i v i d e n d o f 5 0 p et_ w a s p a i d o n t e e c a p i t a l s t o r k o u t
o f m o n e y r e c e i v e d f r o m C . A M . s a l t . I V . 1*0. p . 1 0 0 9 ; V . 6 1 . p , 27,1152.1
0 0 B T O V P A T U t m t — C o u p o n s d u o J » 11. 1 , 1 8 0 4 , e x c e p t o n g e n e r a l
m o r t g a g e , w e r e p a id w tth In t e r e s t o n F o b . 1 ,1 8 0 6 . a t C u a s e N a t io n a l
. M a n h a t t a n ( R l e v a t e s J ) , — Hahn.— C o n t r o l * a n d o p e r a t e * a l l t h e
B ank, N ew Y ork .
e le v a t e d r a i l r o a d * t a » . V . O f f , i t * m a t e t r a c k a g g r e g a t i n g 3 2 m it r e .
B e s id e * th e a e I t o w n * a n d o p e r a t e * t h e d a h u r h a u R . T . B K . , 3 % m it e s ,
C o M s t l T t x o . - F o r 7 p e r c e n t l»:»n d »: A d r ia n I * e iln , J r „ F r e d e r lo
C r o m w e ll. W . F a lle n R m w e v e lt , E d w a r d N . B ib b s ,
In A p r il, 1 8 9 6 , 9 5
H w t o r v , E r e .-K o r m e d N o v . 2 1 . 1875.
I n M a y . 1 8 9 1 . $ 4 ,0 0 0 ,0 0 0
p e r c e n t o f a ll t h e 7 * h a d b e e n d e p o s ite d .
s to c k * » » » w a n ed t o a c q u ir e t h e S u b u rb a n R a p id T r a n s it R R .. e w o t n g a
Com
milter
fo
r
general
mortgage
l
i
s
t
s
t
t
n
o
n
B
o
r
g
,
J
,
K en n ed y T o d and
s e r e s * t h e H a r l e m R i v e r , a n d a r e a d i n a n tra l t o o t o n e a r ! 7 l » t
A l b e r t 8 . R o e ; d e p o s i t a r y . t > u t r a l T r u s t O a , X . T.
Y . , 2>a B i l l *
V. 52, p. 642.
I n 1 * 9 6 p r o p o r t i o n * t o t a k e „ le a s e
of t h e r o a d w e r e r e p o r t e d .
6 * e d e s c r i p t i o n o f o l d b o n d s l a S t ' l ' W - n n S T f o r J u n ., 1 8 9 6 *
»
Isamu* . — N e w Y o r k E l e v a t e d K r * t ? » hm<s b e e n c a lle d , f o r
paym en t J a n u a ry
!,
1 9 0 6 , a t 105.
S'. S o , p . 9 6 7 .
Chn ton
mortgage (tP !iw te s . C e n t r a l T r u s t C o m p a n y ) 1* B r u ite d
on p r e s e n t m i l e a g e t o $ 4 0 ,0 0 0 ,0 0 0 , a n d w i l l p r o v i d e f o r p r i o r b o n d *
w h en d u e. F u r th e r a m o u n ts m a y b « is s u e d f o r e x te n s io n s I f d e s ir e d
a t th e r a t * o f $ 3 0 0 ,0 0 0 p e r m ile o f s in g le a n d $ 0 0 0 ,0 0 0 p e r m ile o f
t a l k i e t r a c k . (S e e a b s t r a c t o f m o r t g a g e In V . 5 1 . p. 2 4 $ . a n d a p p l i e s
M on to N e w Y o r k S t o c k E x c h a n g e In Y . 3 2 , » . 3 3 3 , ) O f t h e c o n s o l *
th e c o m p a n y I t s e l f In J u l y , l s 9 J . b e l t $ 3 0 0 , 0 0 0 a g a i n * ! " « p o o l a l a c c o n s t ’ ’ a n d $ 7 7 ,0 0 0 c o s s o w t o r e d e e m c o n v e r t i b l e e w r t i l l e a t w m m stsd
O m m l u , F i x * s c * . * . — T h e r a a r o e o r w l d s r a i d e c l a i m s p e n d i n g s g a lM it
th e c o m p a n y f o r d a m a g e t o p r o p e r t y <>n t h e M u m . a n d m a n ; o f t h e s e
* f e b e f o r e t h e c o u r t s . S e e C t U t o a iC l.x V . 0 2 , p . 4 1 4 .
I n J u n e , t-ul.3. c o n s o l. t * f o r < 8 ,9 2 5 , 0 0 0 w e r e t o l d t o t a k e t ip ? * , 5 0 0 ,0 0 0 X . Y . E l e v a t e d 7a c a l l e d f o r p a y m e n t J a n . 1 ,1 9 9 0 ; a l * o d u r i n g
ilb s t r t x m o n t h s o f 1 8 9 5 # 2 , 0 8 6 , 0 0 0 w e r e s o l d b i t i m p r o v e m e n t * . ru s k
: o g t o t a l cor.ad* li s t e d $ 2 2 , 9 7 3 ,0 0 0 ,
B y t h e fa tm a w g o f t h e 7 * t h e
w r i n g In i n t e r e s t c h a r g e is $ 2 3 8 , 0 0 0 a n n u a l l y .
IT O M IM .> ‘ 8 4 . ’ S 3 , "rn. -87. f o x . ‘ 9 9 . *9 0 . J a n . • » ! t o A p r . ‘ 9 6 ,
8 tttm '8 3 , P A )
3
6
6
6
3 S e e b e lo w .
6 ( I H t a t t a r .)
I n 1 6 8 9 l in c a s h a n d 4 < * l a s c r i p ; in 1 8 9 0 , 4 1* c a s h a n d 1 ** s c r ip .
I.* T R * r E v k s t x o * .— F o r 0 m o n t h * e n d in g D e c e m b e r a t :
6 months.
Grass,
Set.
Other toe. Jnt..tecs., etc. Bah fo r d ir .
$ 3 7 1 ,7 3 6
1 W 5 ......... .$ 4 ,5 7 2 ,3 0 7 f t ,$ 4 4 , 0 7 6 * 1 3 9 , 0 4 0 $ 1 ,0 1 3 ,1 4 0
1 9 9 4 ------- 4 3 5 6 3 .1 0 4
1 ,9 5 5 .7 6 #
8 X .0 3 S
1 , 3 7 3 ,7 0 9
0 X 0 ,0 9 7
D i v i d e n d * a m o u n t i n g t o $ 0 0 0 , 0 0 0 f o r t h e * t x m o n t h * w e r e p a id In
e a c h y e a r , l e a v i n g * d e ft r t t o f $ .v jx ,2 6 4 in 1 8 9 3 , a g a in s t a d e f ic it o f
9 3 1 0 3 0 3 l a 19514.
A a s c s i. R x i- o R t - F t t o x l y e a r e n d * J u n e 3 0.
A n n u a l m e e t in g ih e ld t h e s e c o n d W e d n e s d a y In N o v e m b e r < *e e r e p o r t p r e s e n t e d t h e r e a t
In Y . # 1 . p . 9 6 9 . R e p o r t f o r 1 9 0 4 - 9 5 w a s III V . « 1 , p . 2 7 9 .
1994
$ 1 0 .1 3 3 3 7 6
4 ,6 3 1 ,5 3 6
3 1 1 ,> .7 4
2 ,0 0 0 .5 6 7
1 ,9 0 0 ,0 0 0
8 u n » ' » o v e r d i v i d e n d s . . . . d « f . $ 2 7 7 , * )r . 4
$ 3 3 2 ,6 4 7
S e t t fir s ts .
a t e 00
"
800
...........
...........
In c o m e s .'
#400
1 ,2 0 0
1 .5 0 0
10
* O r p r e fe r r e d s to c k I f «u b * tltu to d .
1 a * te ilm e n t* o a th e s to c k a r e p a r a b l e . # ! p e r s h a re o n d e p o s it o f
s to c k . #1 o n o r b e fo r e M a y 1. #1 b y j u n e a n d # l b y J u l y ! .
D e p o s ita r y
! * U u a r a n t y T r u s t C o ,. N V , C i t y ,
F w j a t i v o D ttB T ,— O n J l t o o 3 0 , 1 0 0 5 , b i l l s p o y a b l e <E , T . V a . & G a ,
l o a m w e r e $ 1 3 0 , 5 6 4 ; b a l a n c e d u e r e o e l v e r * # 1 2 6 ,3 2 0 , O n O c t . 1 ,
i * 0 5 , i n t e r e s t o o f io t id e d d e b t d u e a n d u n p a id a t n o a n t e d t o # 0 1 3 , 3 9 5
I i n t e r . '* ! d u e J u l y 1, 1 s o rt, o i l a i l b u t g e n e r a l m o r t g a g e o f 188-1 h a v i n g
b e e n p a id A u g . 1, 1 8 9 5 ). H t o e k Is $ 5 , 3 1 2 , 7 2 5 ; p a r # 2 5 .
1893.
E s K V iV u * . - « m o n t h * , ( 4 8 9 5 - 9 6 t i r o s * , $ 9 9 0 , 4 3 4 ; n e t , # 2 6 4 , 2 3 2
$ 1 1 ,0 * 6 .3 3
J u ly 1 t o F . b, 2 0 .
1 1 8 0 4 9 5 ........... O r e * * . 8 3 0 , 4 0 5 ; n e t , 1 6 8 ,5 6 7
S / d »,0 5
1 4 0 ,0 0
A i S C i i , R gpO K T. - F ls e s ! y e a r en d * J u n e 30.
R e p o r t o f th e r e c e iv e r s
2 ,6 *5 9 ,7 8
1 f o r 1 8 9 4 -9 5 w a * in Y . 6 1 . p . 6 5 9 .
1 ,9 0 0 ,0 0 0 •
1094 05,
1 8 9 3 -9 4 ,
1 8 0 2 -9 3 .
4 8 0 1 -0 2 .
1 8 0 0 -0 1 .
$ 1 ,1 7 1 ,2 9 2
S a m b er o f p a s s e n g e rs c a r r ie d a n d g ro s s e a r n in g * h a v e b e e n :
Y e w end.
30 ,
j Y e a r end.
P a ssen ger*.
E a r n in g s
June 30. P »**e u «e r«.
E a r n in g s .
1890-01.
. 1 9 0 .7 1 .........................
4 ,1 9 9 $ 0 ,0 5 0 ,7 1 0*
. W . 1 0 9 , 5 0 1 # 7 ,4 3 0 .2 1 0
............................... 159,903,232
8 ,1 0 2 ,0 0 2
1 8 * 1 - 0 2 . 2 1 3 .0 9 2 ,5 7 0 1 0 ,9 3 5 .9 7 8
9 .B 7 3 ,9 7 i
.88 ..1 7 1 ,3 2 9 ,7 9 9
1092 "<3 2 2 1 ,4 0 7 ,1 0 7 i 1 .2 2 0 ,3 5 9
1 7 9 ,4 0 7 ,4 3 3
# ,0 9 0 ,0 8 1 i 1 8 9 3 0 4 . . .2 0 2 ,7 5 1 j m
1 0 .4 6 3 ,2 5 .4
1 8 8 # 9 0 . „ 1 8 5 ,8 3 3 ,6 3 2
9 .3 8 9 .6 8 1 I 1 9 0 4 .0 3 ,. 1 8 7 ,0 1 4 .9 0 5
9 .6 8 4 ,7 0 5
- < Y . flo . p 1 7 7 , 3 0 2 , * 5 7 . 7 » f t . 0 3 6 . 9 7 3 , 9 0 7 , 1 0 5 9 ; V . 0 1 , p . 2 7 0 . 2 9 1 ,
$ 0 0 , 9 7 1 ; V . 0 2 , p 1 3 8 , 4 f , » , * 1 4 . 6 9 3 .»
)
H o ld e r s n f—
T e n n e s s e e W en b o n d * , t a d a w l s e c o n d m o r t g a g e t
exten d ed 7 - .............. .............................................................
C o q s i i L m o r t g a g e 7 * ........ ................................................
( i e n e r e l m o r t g a g e f l s .........................................................
C o n m io u s t o c k , p a y i n g # 4 p e r s h o r e ................ ........
.
Tear ending Jumt 3 0 —
1995,
G ro s s e a r n in g * .........
..$ 9 ,5 (9 7 3 7 0
S e t o v e r o p e r a tin g e x p . . . . . . . . .
3 ,0 9 3 . 6 0 5
O t h e r in c o m e . . . . . . .
2 8 7 ,1 3 5
| n to rw *, r e n ta l* a n d t a x e s . . , .
0 ,7 4 8 .0 9 4
D i v i d e n d * . . , ........ .............................
1 , 8 0 0 .0 0 0
B fcu u *. I M / m > » .
T h e p l a n o f tie - I s o l l u C o m m i t t e e p r o v i d i n g f o r a
l e a s e o f t h e w a d f o r p » y r » r » t » t h e f o u t h e r u R y , w a s in V . 0 2 , a 4 5 7 ,
U !> » * l a * ! ! a e o e p l e d b y h o l d e r * o f w o r e t h a n U w $ e - < im tr te r 8 o l e a c h
c la s s o f t h e T in
U n d e r t h e le a s e t h e r o u t h e r n R y , l i t , I * t o p a y t o t h e
f l r * t m o r t g a g e t r u s t e e a s u m -n lft. l e u t i n p a y f u i n t e r e s t o n n m n o w
U r a l m o r t g a g e b o n d * i w h i c h w i l l # l* « » c o v e r t h e l e a s e ) , a d d a l s o I n t e r e s t
o n it s I n c o m e b o n d s
p r e f e r r e d .s to c k i f s o l x t l t u t e d t h e r e f o r ) t o e x
te n t o f s u r p to * n e t e s r a t n g * ; a n d Is a ls o t o r e le a s e a n y c la im f o r flo a t
in g d e b t.
T h e n e w s e c u r i t i e s p r o p o s e d a r e s h o w n In t h e t a b l e a b o v e , $ 1 , 4 1 6 , 8 0 0
o f th e n e w fir s ts b e in g r e s e r v e d f o r fu t u r e c o n s t r u c t io n p u r p o s e - a n d
# 1 .3 0 0 ,0 0 0 t o r b o n d * s e c u r e d b y a n o t h e r m o r t g a g e ) f o r a i l e x t e n s i o n t o
C h a tta n o o g a .
BMhtmge o f Srenrities, — O Jd b o n d * in a m o u n t * o f # 1 ,0 0 0 , w i t h a l l
o v e r d u e coop O B S a t t o e b e d , a n d o ld « i » e k (o n p a y in g a n a s s e s s m e n t o f
$•4 p e r s h a r e t in a m o u n t s o f $ 1 0 0 w i l l r e c e i v e :
--------- U W r e e s l r e ---------,
M a r ie tta A N o r th
r t e n r g t a . - O w n * r o a d r o m p le t e d in A u g u s t
l W O , f r o m K a M c f i l g , T e m t » . , t o M w r t e f t a , Csa., 2 1 7 m i l e * , b r a n c h . 7
t a l l w , t r a c k a g e . W e s t e r n & A t l a n t i c R a i l r o a d . Y M W t t k < J »., t o A t
O r o - s . . . # 1 ,2 0 2 ,2 7 3
N et ....
1 7 2 ,5 4 9
$ 1 ,8 7 4 ,8 1 8
2 0 3 .2 0 2
$ 1 ,3 2 0 ,2 1 1
8 1 .5 3 1 .5 1 1
2 9 3 ,7 0 0
3 0 7 ,2 -i
$ 1 ,7 4 7 ,1 6 1
4 0 3 ,8 5 0
- l Y , 6 1 , p . 1 9 6 . 2 8 1 , 0 5 9 ; Y . 6 2 , p . 2 3 3 , 4 3 7 . 5 8 9 , 6 3 3,1
M e r i d e n W a t e r b n r y A- C o n n e c t i c u t R i v e r K i t — O w n s f r o m
C r o m w e l l . C o n n ., v i a M e r id e n t o W a t e r i m r y , C o n n ., 3 0 m ilt* * . I n 1 8 9 6
t h e N e w Y o r k N e w f l a v n n & H a r t f o r d h n d p u r c h a s e d n il t h e b o n d s
a n d m i n i o f H ie s t o c k , s n d w a s f o r e c l o s i n g t h e # 1 5 0 , 0 0 0 m o r t e n g o - s e e
V . 6 1 , p. 70 4 , V . 6 2 , P .3 6 5 .
f n 1 9 9 2 -9 3 g r o s s . * 1 3 , 5 8 2 ; d e fle .lt f r o m
o p e r a t i n g , 8 4 ,3 4 8 . a g a in s t d e f i c i t $ 8 ,4 3 3 in 1 8 9 1 -9 2 ; V. 0 2 , p . 3 6 3 , 4 5 7 ,
M e x ic a n
C e n tra l
( . M e x i c o ) . — M i l e a g e — M a in l i n e M e x i c o C i t y
n o r t h t o J u a r c j C i t y , 1 ,2 2 4 m ile s , 4 1 2 m i l e * o n T a m p i c o D i v i
s io n , 11 m ile s o n f/ rta n sid n a to B r a n c h , 1 0 1 m il e s o n O n s d a l a j a r a
D iv i s i o n a n d 1 7 m i l e s o n t h e S a n B ia s D i v i s i o n , 4 4 m i l e s o n P o c l i u e a .
D iv is io n , a n d b ra n c h e s 7 m ile * ; t o t a l D e o . 3 1 , 1 8 9 4 ,1 ,9 7 6 m ile * .
AH
s ta n d a rd g a u g e a n d ^ 6 -p o u n d s te e l r a il.
INVESTORS’ SUPPLEMENT
90
[VOL. I XII
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 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 .
R A IL R O A D S .
------------------F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , A o . , s e e n o t e s
o n f i r s t p a g e o f t a b le s .
<1
—(
M ile s
of
D a te
of
Bonds
).—
M e m p h is
C h a n e s to n
C o n c lu d e d
Seccritiks l’ltoi'O BED BY
1896
1 s t M . , g . , $ 8 , 0 0 0 , 0 0 0 , 4 % 5 y r s . , 4 :1a % 5 y r s . , t b e n 51 2 9 3
1896
I n c o m e 5 p . c. n o n - c u m u l a t i v e ..................................... i -----Mexican Central—S t o c k , $ 2 5 ,6 0 0 p e r m i l e .....................
—
1 s t m o r t g a g e (u n a s s e n t e d ) a n d s c r i p .............................
. . . . 1881
1889
C o n s o l, m o r t g a g e , $ 3 2 ,0 0 0 p e r m i l e , g o l d — c * * r [ l , 8 3 2
1889
1 s t c o n s . ln o . a n d 's c r lp ,n o n - c u m .($ 9 ,6 0 0 p .m .),g .o * 1 ,8 3 2
1889
2 d c o n . ln c , $ 6 , 4 0 0 p . m . r e d . a t 5 0 p . c . t ill A u g . l 9 2 9 o * 1 ,8 3 2
1881
R e g i s t e r e d in c o m e b o n d s a n d s c r ip , u n a s s e n t e d . r
Mexican International— 1 s t M . , $ 3 0 ,0 0 0 p . m . , g . o * * t r 616 1892
Mexican National— S t o c k
1887
1 s t M ., B u b s ld y , g o l d , s u b je o t t o c a l l a t 1 0 0 — c * 1 .0 6 4
1887
2 d M .,s e r .“ A , g ., in c . a c c iu n . ( f o r $ 1 6 ,6 7 5 ,0 0 0 )c * 1 .0 6 4
1887
1
.0
6
4
2 d M .,s e r .“ B , " g ., in c . n o u -a o . ( f o r $ 1 6 , 6 7 5 , 0 0 0 ). r
1887
3 d m o r t g a g e , d e b . (in c o m e n o t c u m u l a t i v e ) g o l d . r 1 .0 6 4
8
3
Mexican Northern — S t o c k ............................. . .....................
1890
83
1 s t m o r t g a g e , U . 8 . g o l d c o in , s. f . n o t c a l l e d . o * * r
MichiganOentral— S t o c k .......................................................
72-’82
270
C o n s o l, m o r t . — n o w 1 s t M . ($ 2 ,0 0 0 ,0 0 0 a r e 5 s ) . . c *
1890
115
M . C . M ic h ig a n A i r L i n e , 1 s t m o r t g a g e .............. c * r
1881
147
M . 0 . 1 s t M . o n D e t . & B a y C i t y ($ 4 , 0 0 0 , 0 0 0 ). . . . c
1881
do
do
do
...r
147
8 4 •79-’86
M . C. 1 s t m o r t g a g e o n G r a n d R i v e r V a l. R R . . .
1889
39
M . C. 1 s t m o r t g a g e o n K a l a m a z o o Sc S. H a v e n . . . r
84
G r a n d R iv e r V a lle y s to c k , r e n ta l in p e r p e t u it y ...
1872
D e t . A- B . C i t y b o n d s , e n d o r s e d , n o m o r t . l i e n . - . o
1873
B r i d g e b o n d s , e n d o r s e d , n o m o r t g a g e l i e n ..........
J a c k . L a n s . Sc S a g . s t o c k , 3 Lj p .o . y ’ r l y , g n a r . b y e n d .
295
C on s, m o r tg a g e , a ssu m ed , e x te n d e d in 1 8 9 1 . .e *
295 7 iit80
B a y C i t y & B a t t l e C ., 1 s t M ., g o l d , g u . p . V i. e n d .c *
18 1889
B a t t l e C . & S t u r g is 1 s t M ., g o l d , g u . p . <fci. e n d .c *
41 1889
J o l i e t & N o r t h . I n d i a n a I s t M . , g u a r . p .& i. (e n d . ). c
45 1877
M e x ic a n
S iz e , o r
Par
V a lu e .
ISEI.IX P l a n .
$ 5 ,0 8 3 ,2 0 0 41$ t o 5
5 ,0 0 0 ,0 0 0 5 i f e a ’ d
100
4 7 ,9 0 9 ,1 0 0
1 ,0 0 0
6 0 1 ,0 0 0
(7 ) 4
1 ,0 0 0
5 8 ,0 6 4 ,0 0 0
4 g.
1 ,0 0 0
1 7 ,2 6 9 ,2 0 0
1 ,0 0 0
1 1 ,2 3 3 ,0 0 0
1 ,0 0 0
4 6 9 ,2 0 0
3
1 ,0 0 0
1 4 .6 3 7 .0 0 0
4 g.
100
3 3 .3 5 0 .0 0 0
1 ,0 0 0
1 1 .5 3 2 .0 0 0
6 g.
500 A c.
6 g.
1 2 .2 6 5 .0 0 0
500 Ac.
1 2 ,2 6 5 ,0 0 0
6 g.
1 ,0 0 0
7 ,0 4 0 ,0 0 0
6 g.
100
3 ,0 0 0 , 0 0 0 S e e t e x t .
1 ,0 0 0
1 ,6 6 0 ,0 0 0
6 g.
100
1 8 ,7 3 8 ,0 0 0 S e e t e x t .
1 ,0 0 0
1 0 ,0 0 0 ,0 0 0
7 & 5
1 .0 0 0 & C
4
2 ,6 0 0 ,0 0 0
1 ,0 0 0
5
( 3 , 5 7 6 ,0 0 0 $
l.O O O A o
< 5
1 ,0 0 0
1 ,5 0 0 ,0 0 0
6
1 ,0 0 0 A c
7 0 0 ,0 0 0
5
100
4 9 1 ,2 0 0 5 p e r a n .
1 ,0 0 0
2 7 4 ,0 0 0
8
1 ,0 0 0
1 5 0 ,0 0 0
8
100
2 ,0 0 0 ,0 0 0 3 * 2 p . a n .
1 ,0 0 0
2 ,2 0 4 ,0 0 0
5
1 ,0 0 0
2 5 0 ,0 0 0
3 g.
1 ,0 0 0
4 2 1 ,0 0 0
3 g.
1 ,0 0 0
7
8 0 0 ,0 0 0
C e n t r a l — C o n c lu d e d —
O r g a n i z a t i o n .— I n c o r p o r a t e d F e b r u a r y 2 5 , 1 8 8 0 , u n d e r t h e g e n e r a l
l a w o f M a s s a c h u s e t t s , a n d a ls o h o ld s a c h a r t e r f r o m t h e M e x i c a n G o v
e rn m e n t. D e b t r e a d ju s te d in 1 8 8 9 — s e e V . 4 8 , p . 1 9 1 , 2 9 2 , 32 7 .
S u b s i d y .— J a n . 1 , 1 8 9 5 , t h e r e w a s l e f t o f t h e s u b s id y i n t r u s t $ 3 ,5 7 0 ,5 8 5 , to b e u sed w h e n e v e r n e c e s s a ry fo r th e p a y m e n t o f p r in c ip a l a n d
i n t e r e s t o f t h e c o n s o lid a t e d m o r t g a g e b o n d s , $ 7 5 0 ,0 0 0 h a v i n g b e e n so
u s e d i n 1 8 9 4 . O f t h e $ 3 ,0 0 0 ,0 0 0 o f M e x i c a n G o v e r n m e n t b o n d s r e
c e i v a b l e u n d e r T a m p i c o H a r b o r c o n c e s s io n f o r a d e p t h o f 2 2 f e e t ,
$ 2 ,7 9 0 ,0 0 0 (in M e x i c a n G o v e r n m e n t 6 p e r c e n t b o n d s ) h a d b e e n r e
c e i v e d in A p r i l , 1 8 9 5 , c o r r e s p o n d i n g t o a d e p t h o f 2 0 f e e t .
B o n d s .— T h e $ 7 ,0 0 0 ,0 0 0 p r i o r i t y b o n d s w e r e p a i d o f f w i t h p r o c e e d s
o f s u b s id y c o l l e c t i o n s , i n t e r e s t c e a s i n g A p r i l 1 0 , 1 8 9 1 . S e e V . 5 2 , p .
3 9 0 . O f t h e s e $ 1 ,4 0 3 ,0 0 0 w e r e o a n o e le d a n d b a l a n c e a r e h e l d a s i n v e s t
m e n t b y T r u s t e e o f c o n s o l, m o r t . T h e c o n s o l, m o r t . 4 p . c . (t r u s t e e ,
B o s t o n S a f e D e p o s i t & T r u s t C o .) c o v e r t h e e n t i r e p r o p e r t y , a l l o l d f ir s t s
d e p o s it e d , a n d t h e s u b s id y e a r n e d a n d t o b e e a r n e d . (S e e a b s t r a c t o f
m o r t g a g e in C h r o n i c l e , V . 4 9 , p . 1 7 7 .) B o t h s e r ie s o f i n c o m e s a r e
n o n - c u m u la t iv e a n d s e c u r e d b y o n e i n d e n t u r e t o t h e A m e r i c a n L . & T .
C o . F i r s t c o n s o l, i n c o m e s r e c e i v e d 3 p e r c e n t i n t e r e s t J u l y 1 0 , 1 8 9 0 , a n d
3 p e r c e n t i n J u l y , 1 8 9 1 , a n d 1 8 9 2 , r e s p e c t i v e l y ; n o n e s in c e .
G e n e r a l F i n a n c e s .— T h e r e p o r t f o r 1 8 9 4 s t a t e s t h a t t h e d i f f e r e n c e in
r a t e s o f e x c h a n g e o n U . S. c u r r e n c y , m a t e r i a l a n d e x p e n s e s , o w i n g t o
t h e d e c lin e i n s i l v e r , c a u s e d a n i n c r e a s e i n t h e e x p e n s e s o f $ 3 7 0 ,1 5 1
o v e r 1 8 9 3 -4 . O n J a n . 1 , 1 8 9 5 , n o t e s o u t s t a n d i n g w e r e $ 1 ,0 0 0 ,0 0 0 , t h e
s a m e a s 1 8 9 4 ; i n t e r e s t d u e a n d a c c r u e d , $ 1 ,1 1 4 ,0 0 7 ; a c c o u n t s p a y
a b le , $ 6 3 0 ,5 3 9 . N o t e s a n d a c c o u n t s r e c e i v a b l e J a n . 1 , 1 8 9 5 , $ 6 8 2 ,9 1 8 ; c a s h o n h a n d , $ 1 ,1 3 1 ,2 1 3 . T a m p i c o H a r b o r C o . b o n d s o f 1 8 9 4
f o r $ 3 ,4 6 2 ,0 0 0 ( a l l o w n e d i n J u n e , 1 8 9 5 , b y t h e M e x i c a n C e n t r a l ) a r e
g u a r a n t e e d . — (V . 6 0 , p . 5 2 2 .)
E a r n i n g s .— M e x i c a n c u r . ( 1 8 9 6 . . . G r o s s , $ 1 , 5 9 8 , 5 5 8 ; n e t , $ 5 3 7 ,2 8 5
J a n . 1 t o F e b . 2 9 (2 m o s .) 11 8 9 5 . . . G r o s s , 1 ,5 0 1 , 6 0 7 ; n e t , 6 4 9 ,6 5 4
A n n u a l R e p o r t — F is c a l y e a r en d s D e e . 31. R e p o r t f o r 1 8 9 4 w a s
g i v e n i n f u l l i n V . 6 0 , p . 7 4 5 , 7 5 0 ; s e e a ls o e d i t o r i a l p . 7 3 4 . T h e g r o s s
e a r n i n g s b e l o w a r e Mexican currency; a l l o t h e r f ig u r e s U. S. currency.
I n 1 8 9 5 t h e c o m p a n y r e c e i v e d a n a v e r a g e o f 5 2 -9 5 c e n t s f o r i t s M e x i c a n
d o l l a r s , a g a i n s t 5 1 -8 7 i n 1 8 9 4 , 6 2 -0 2 i n 1 8 9 3 a n d 6 8 -2 6 c e n t s i n 1 8 9 2 .
F i g u r e s f o r 1 8 9 5 a r e in a d v a n c e o f t h e a n n u a l r e p o r t .
INCOME ACCOUNT— (U. S. CURRENCY EXCEPT AS INDICATED).
Year ending Dec. 3 1 —
1895.
1894.
1893.
1892
A v ’ g e m ile s o p e r a t e d ..........................
1 ,8 6 0
1 ,8 4 7
1 ,8 2 5
G r o s s e a r n in g s , M e x . c u r . $ 9 ,4 9 5 ,8 6 6 $ 8 ,4 2 6 ,0 2 5 $ 7 ,9 8 1 ,7 6 8 $ 7 ,9 6 3 ,2 5 4
N e t e a r n s . M e x . o u r .......... $ 3 ,8 9 0 ,4 7 5 $ 2 ,9 6 6 ,3 5 0 $ 2 ,8 4 5 ,5 8 8 $ 2 ,9 6 1 ,4 6 7
Do
do
m U . S. c u r . . . . 2 ,0 6 3 ,1 5 7 1 ,5 3 8 ,6 9 8 1 ,7 6 4 ,8 2 3 2 ,0 2 1 ,5 1 5
S u b s id y a c c 't in U . S. o u r .
2 7 5 ,0 0 0
7 5 0 ,0 0 0
5 0 0 ,0 0 0
5 0 0 ,0 0 0
..............
7 170
M is c e lla n e o u s i n U . S . c u r ........................
1 4 2 ,4 6 0
T o t a l n e t in c o m e ..........$ 2 ,3 3 8 ,1 5 7 $ 2 ,4 3 1 ,1 5 3 $ 2 ,2 6 4 ,8 2 3 $ 2 , 5 2 8 ,6 8 5
I n t e r e s t o n b o n d s ............... 2 ,3 0 6 ,6 0 0 2 ,3 0 6 ,8 8 8 2 ,2 2 6 ,9 6 2 2 6 6 7 7 6 9
1 8 8 ,4 4 9
i e , 's 8 7
.......
M is c e lla n e o u s .............. (n e t . d f . ) 2 5 , 0 0 0
B a la n o e ..
.. .
s u r .$ 6 ,5 5 7 d f . $ 6 4 , 1 8 4 s r .$ 2 1 ,4 7 4 d f. 1 3 9 , 0 8 4
— 11 60, p . 7 3 4 , 7 4 o . 7 5 0 , 7 9 5 , 8 3 6 ; V. 6 1 , p . 2 8 1 ; V. 6 2 , p. 3 1 5 .)
M e x i c a n I n t e r n a t i o n a l , — (N ee Map Southern P a cific) — R o a d —
O w n s in M e x ic o a s ta n d a r d g a u g e r o a d fr o m C iu d a d P o r fir io D ia z , o n
S o u t h e r n P a c i f i c , v i a T o r r e o n , o n M e x i c a n C e n t r a l, t o D u r a n g o , 5 4 0
m ile s , w i t h b r a n d i e s , ( 6 m ile s . C o m p l e t e d in O c t o b e r , 1 8 9 2
E x te n sm n s fr o m R e a t a t o M o n t e r e y a n d t o w a r d th e P a c ific O c e a n a r e u n d e r
c o n s tT u c tm n , a n d o v e r t u r e s h a v e b e e n m a d e t o M o n t e r e y & M e x ic a n
R riRf w d o llU 21® °J. t d e u t r a c k f o r p a r t o f t h e d is t a n c e . S e e V . 6 0 , p .
M e U i t a S ^ u s t C o " o f N 8^
D eC ’ 3 1 ' 1 8 9 5 ’ * ^ ,9 7 5 ,0 0 0 .
T ru s te d ,
EAT ^ ° t 8„ - L r ^ ’ l i l S i .....................G r o s s , $ 2 3 4 , 5 4 7 ; n e t , $ 7 3 ,3 3 9
Jan. 1 to Jan. 31.
( 1 8 9 o .....................G r o s s , 1 9 6 ,9 1 6 ; n e t , 7 2 ,1 3 5
6 ^ N f i s n I V - « 7EIl ? R T ''r R e p 0 r t - fO T 1 8 2 5„ w a s g i v e n a t l e n g t h i n V . 6 2 , p .
m
l l es/, s S 1&
9
6 >™
of 5
m ile
Jo
(M 2
e xg i-2!f
o j m n l n g s a s fo U onw
o t? :. Gnruo cs sn n - 1. a v tetr ang e_______
_8 8
Tint
Bonds— P r i n c i
IN T E R E S T O R D IV ID E N D S .
p a l,W h e n D u e .
Am ount
W hen
R a te p er
W h e re P a y a b le , a n d b y
Stocks—L a s t
O u t s t a n d in g
P a y a b le
C e n t.
W hom .
D iv id e n d .
‘in *
tiVi e x i c a n c u r r e n c y ) , $ 2 ,1 6 9 ,1 2 1 ;
n e t * 8 8 7 ,3 0 o
f t e i i d e n t , C . H H u n t i n ^ n - N e w Y o r k o llic e , 2 3 B r o a d
ai. ( v . o u , p . o t jy , 0 0 3 , 6 0 6 ; V . 6 2 , p . 8 5 , 6 6 3 , 6 8 0 , 6 8 7 . )
tv o ? * M c x U !,0
“ ,I^ * ~ ° A W n 8 .n a r r ° w g a u g e r o a d f r o m L a r e d o
f l f i i t n h p J L h 5 k ° » “, 4 2 “ S 1®®; A c a m b a r o t o P a t z u a r o , 9 6 m i l e s ; E l
S a lt o b r a n c h , 4 5 m i l e s ; M a t a m o r a s t o S a n M i g u e l , 7 6 m i l e s * a inn 11
b r a n c h e s 5 r n iie s ; t o t a l o w n e d , 1 , 0 6 4 m i l e s ; c o n t r o l s t V o u g h ’o w S S
s n ip o f s t o c k , T e x a s M e x i c a n R a i l w a y , C o r p u s C l ir is t i t o L a r e d o
T e x a s , a n d b r a n c h , 1 6 3 m i l e s ; o t h e r lin e s , 5 m i l e s ; t o t a l 1 2 3 2 m i l e s ’
G a u g e , 3 f e e t ; r a i l (s t e e l a n d i r o n ) 4 0 a n d 4 5 p o u n d s t o t h e y a r d
T? i n v T A ^ o r g a n i z a t i o n ° f t h e M e x i c a n N a t i o n a l Railway s o ld
u n d e r fo r e c lo s u r e M a y 2 3 ,1 8 8 7 .
R o a d w a s c o m p le te d in 1S88.
M .ar,c liv 1 8 9 5 » h o ld e r s o f fir s t m o r t g a g e [a l s o c a l l e d n r i o r
h o o d s a c c e p t e d t h e p l a n f o r c o n v e r s i o n o f u n p a id s u b s id y c e r t i f i
i m
P - o. b o n d s , u n c o l l e c t e d s ,,b s ? d y
$ 3 ,3 3 5 ,6 8 5 , t o b e s e t t l e d b y d e p o s i t o f $ 4 ,5 4 4 ,3 0 0 o f M e x i c a n G o v p r r u
m e n t o s a s s e c u r i t y f o r t h e f i r s t s o f 1 8 8 7 .— (S e e V . 6 2 , p. 5 9 3 .)
overn
S t o c k .— S t o c k , $ 3 3 ,3 5 0 ,0 0 0 ( p a r $ 1 0 0 ), p l a c e d i n t r u s t w i t h t h *
F a r m e r s L o a n A T r u s t C o m p a n y , le a v in g t h e r o a d in c o n t r o l o f 1 s t an d
I*
j
.
&
j
.
1st c o u p o n
J a n . 1 ,1 8 9 7
N e w Y o rk , i f ea rn ed .
j . & j . B o s to n , S a fe D e p . A T r . C o
j . &
j .
do
do
J u ly 10 B o s to n , w h e n e a rn e d .
1996
J u ly 1
M . & S. N . Y . , O f . , M i l l s B u i l d ’ g .
J u ly l ,
J u ly 1 ,
Jan . 10,
Jan . 10,
J u ly 1,
S e p t. 1,
J. & D.
M . & S.
A p r i l 1.
M ay 1
Q u a r’ ly .
J. & D .
F. & A .
M . A N.
j . & j .
M . A S.
Q .-M .
M. & 8.
M . A N.
j. & j .
M . A N.
M. A N.
M . A S.
M . A S.
J. A D .
J. A D .
j. & j .
Ju n e 1, 1927
J u ly 1, 19 1 7
J u ly 1, 1917
J u ly 1, 1937
M a r. 2, 1896
D ec. 1, 1910
F e b . 1, 1 8 9 6
M a y 1, 19 0 2
Jan. 1, 1940
M c h . 1, 19 3 1
M ch. 1, 1931
S e p t. 1, 19 0 9
N o v . 1, 19 3 9
J a n ., 18 9 6
M a y 1, 1902
M a y 1, 1903
S e p t. 1, 1895
S e p t. 1 , 19 0 1
D ec. 1, 1989
D e c . 1. 1 9 8 9
J u ly 1 0 ,1 9 0 7
N . Y ., N a t. C ity B a n k .
P a i d 1 *2 p . c t . A p r . 1 ,’ 9 6
See te x t.
N . Y . , o f f ic e , 4 2 'P in e S t.
do
do
N . Y . G r . C e n t . S t a t io n .
N . Y . , U n io n T r u s t C o.
R g . a t G . C . S . ; o p . a t U . T i- .
N . Y . , U n i o n T r u s t C o.
N . Y . , G r ’ d C e n t . S t a t io n .
N . Y ., U n io n T r u s t Co.
N . Y . , G r . C e n t . S t a t ’ n.
J a c k s o n , M ic h .
N . Y . , U n io n T r u s t C o .
do
do
N . Y . , G r . C e n t . S t a t io n .
N . Y . , U n i o n T r u s t C o.
do
do
do
do
N . Y . t F a r m . L . A T r . C o.
1911
1911
1939
1939
1911
1942
2 d m o r t g a g e b o n d h o l d e r s u n t i l i t e a r n s a n d p a y s i n t e r e s t o n b o t h classes
o f b o n d s f o r t w o c o n s e c u t i v e y e a r s . T h e f i r s t m o r t g a g e b o n d s have
t w o v o t e s , t h e 2 d m o r t g a g e , A . A B ., b o n d s o n e v o t e e a c h . T h e M e x i c a n
N a t . C o n s t . C o . i s s u p p o s e d t o o w n a m a j o r i t y o f t h e s t o c k a n d $7,000,000 o f t h e i n c o m e s . C a n i t a l r e s e r v e f u n d J a n . 1 , 1 8 9 6 , h e l d $ 7 3 4 ,7 8 6 .
B onds .— T h e firs t mortgage o f 1 8 8 7 is a p r i o r l i e n u p o n a l l t h e
Lin es i n M e x i c o , c o n s t r u c t e d o r t o b e c o n s t r u c t e d , a n d u p o n t h e T e x a s
M e x i c a n s e c u r it ie s . T h e b o n d s a r e r e d e e m a b l e o n n o t i c e a t o a r . T r u s
t e e s H u g h M . M a t h e s o n a n d C a p t . \V. G . R a o u l . O r i g i n a l is s u e $ 1 2 ,5 0 0 ,0 0 0 , w h ic h h a s b e e n r e d u c e d to p r e s e n t fig u r e b v r e d e m p tio n w it h su b
s i d y o f $ 3 1 9 ,0 0 0 i n 1 8 9 1 , $ 3 0 5 ,0 0 0 i n 1 8 9 2 a n d $ 2 9 8 ,0 0 0 i n 1 8 9 3 ; i n
1 8 9 4 , n o n e ; i n 1 8 9 5 , $ 4 6 ,0 0 0 .
T h e 2 d mortgage b o n d s , s e r ie s “ A , ” a r e s t r i c t l y c u m u l a t i v e , a n d n o t
fo r e c lo s a b le w h ile s to c k r e m a in s in t r u s t a s a b o v e s t a t e d ; t h e 2 d m o r t
g a g e b o n d s , s e r ie s “ B , ” a r e n o n - c u m u l a t i v e ; t r u s t e e s , W . G . R a o u l
a n a J . A . H o r s e y ; $ 2 0 0 ,0 0 0 o f 2 d m o r t g a g e b o n d s a r e r e s e r v e d f o r b e t
t e r m e n t s . T h i r d m o r t g a g e t r u s t e e s , C. J . u a n d a a n d H . A. R i s l e y .
O n series “ A ” b o n d s f r o m e a r n i n g s 2 p e r c e n t w a s p a i d M a r c h 1 ,
1893, 1 p e r c e n t o n A p r i l 1 , 1895, a n d l 1^ p e r c e n t o n A p r i l 1 0 , 1 8 9 6 , a t
N a t. C ity B a n k , N . Y ., a n d in L o n d o n .
O f t h e 2d mortgage bonds $5,000,000 [ o n e - h a l f e a c h s e r i e s A a n d B ]
e n t e r e d in t o a s p e c ia l tr u s t a r r a n g e m e n t b y w h ic h t h e y a r e d r a w n f o i
p a y m e n t w it h p r o c e e d s o f c e r t a in s u b s id y c e r t ific a t e s . S e e Y . 5 6 , p. 2 0 ,
a n d F in a n c ia l R e v ie w f o r 1890, p a g e 59.
P roposed B o n d h o ld ers ’ A r r a n g e m e n t . - I n M a r c h , 1 8 9 6 , t h e “ A ’
a n d “ B ” b o n d h o l d e r s p r o p o s e d t o f o r m t h e M exican National RR . Co.,
t a k e o v e r t h e A a n d B b o n d s , is s u i n g i t s s t o c k s t h e r e f o r . T h e
o b je c t b e in g t o g i v e m o r e im m e d ia t e a n d p r a c t ic a l c o n t r o l o v e r th e
p r o p e r t y t o t h e A a n d B b o n d h o l d e r s . — (S e e V . 6 2 , p . 6 3 6 .)
L im ited , t o
E a r n in g s —1
m o n t h , 5 1 8 9 6 ..................G r o s s , $ 4 2 3 ,9 1 8 ; n e t , $ 1 8 7 ,6 4 2
Jan . 1 to J a n . 31.
( 1 8 9 5 ................. G r o s s , 3 5 9 ,1 3 7 ; n e t , 1 5 8 ,3 4 3
N e t a v a i l a b l e f o r i n t e r e s t (1 m o n t h ) , $ 1 0 9 ,0 0 8 i n 1 8 9 6 ; $ 8 1 , 5 6 2 i n
1 8 9 5 . A b o v e f i g u r e s a r e in M e x i c a n c u r r e n c y t o b e v a l u e d a t 8 0 c e n t s o n
t h e d o l l a r in U . S. m o n e y , a l l o t h e r d e p r e c i a t i o n h a v i n g b e e n a l l o w e d f o r .
A n n u a l R epo rt— F is c a l y e a r e n d s D e c . 3 1 . R e p o r t f o r 1 8 9 5 , w it h
t h e b a la n c e s h e e t, e tc ., w a s g iv e n in f u ll i n V . 6 2 , p. 5 7 4 , 5 8 6 , 5 9 1 .
G r o s s b e l o w a r e i n Mexican currency, a l l o t h e r f i g u r e s i n TT. S. currency .
M e x i c a n c u r r e n c y is r e d u c e d t o U n i t e d S t a t e s c u r r e n c y a t 8 0 p e r c e n t ,
a l l l o s s above t h i s b e i n g c h a r g e d o f f in e x c h a n g e a c c o u n t s h o w n b e l o w .
INCOME ACCOUNT— (U. S. CURRENCY EXCEPT GROSS EARNINGS).
Year eiul'g Dec. 3 1 — 1 8 9 5 .
M i l e s o p e r a t e d ..............
1 ,2 1 8
G r o s s e a r n i n g s ............ $ 4 ,5 1 3 ,2 0 6
N e t e a r n i n g s .................. $ 1 ,6 5 7 ,1 2 6
S u b s id y r e c e i p t s ..................................
1894.
1 ,2 1 8
$ 4 ,3 2 9 ,0 7 9
$ 1 ,5 1 3 ,5 7 0
9 9 ,1 1 0
1893.
1 ,2 1 8
$ 4 ,2 2 4 ,8 0 4
$ 1 , 2 9 6 ,0 9 6
1892.
1 ,2 1 8
£ 4 ,7 5 6 ,0 3 0
£ 1 ,3 4 6 ,8 9 8
T o t a l n e t in c o m e . . $ 1 ,6 5 7 ,1 2 6 $ 1 ,6 1 2 ,6 8 0
I n t . o n 1 s t M . b o n d s ..
$ 6 9 3 ,0 7 0
$ 6 9 4 ,6 8 0
E x c h a n g e .........................
7 0 7 ,9 4 1
7 1 8 ,0 7 1
M is c ., b e t ’ m ’ t s , e t c ____
9 7 ,2 2 5
7 4 ,7 6 1
$ 1 , 2 9 6 ,0 9 6
$ 7 0 2 ,1 3 0
4 3 4 ,2 4 2
1 3 7 ,1 5 6
$ 1 ,3 4 6 ,8 9 8
$ 7 2 0 ,1 8 5
2 4 8 ,6 2 2
1 3 2 ,5 9 8
s r .$ 2 2 ,5 6 8 s r .$ 2 4 5 ,4 9 3
B a l a n c e .................. s r .$ 1 5 8 ,8 9 0 s r .$ 1 2 5 ,1 6 8
— ( V . 6 0 , p . 4 8 1 , 5 0 3 , 5 1 9 , 5 2 4 , 5 6 2 , 60s, 1 0 0 9 ; V . 6 2 , p . 5 7 4 , 5 8 6 ,
5 9 0 , 5 9 1 , 6 3 5 , 7 2 6 .)
M e x ic a n N o r t h e r n . —O w n s f r o m E s e a l o n , M e x i c o , o n t h e M e x i c a n
C e n t r a l R y ., t o S ie r r a M o ja d a , 83 m ile s , a ll s te e l, c o m p le t e d J u ly 1 8 9 1 .
D iv id e n d s .—F r o m F e b r u a r y , 1 8 9 2 , t o N o v e m b e r , 1 8 9 2 , both i n c l u
s i v e , 6 p . c. p e r a n n u m . I n F e b r u a r y , 1 8 9 2 , ^ p . c . e x t r a . I n 1 8 9 3 , 4*2
p e r c e n t . I n 1 8 9 4 , 6 p . c . I n 1 8 9 5 , 4 p . c . I n 1 8 9 6 , M a r c h , 1 p . c.
Bonds .—T h e m o r t g a g e o f w h i c h t h e S t a t e T r u s t C o . of N e w York is
t r u s t e e , i s f o r $ 1 ,6 6 0 ,0 0 0 , o f w h i c h $ 2 2 5 ,0 0 0 b o n d s N o v . 2 5 , 1 8 9 5 , w e r e
h e ld b y t h e s in k in g fu n d .
S e e d e s c r i p t i o n i n V .6 0 , p . 4 8 2 .
E ar n in g s —2
m o n t h s , 5 1 8 9 6 ................. G r o s s , $ 1 4 9 , 1 7 7 ; n e t , $ 7 5 ,7 7 0
J a n . 1 to F e b . 29.
( 1 8 9 5 ................. G r o s s ,
8 7 , 8 6 1 ; n e t , 4 7 ,7 0 4
Year.
Gross.
1 8 9 5 ..$ 6 8 1 ,8 9 6
------1 8 9 4 . . 6 4 2 ,2 6 2
’ 9 3 - 4 . . 6 9 7 ,5 0 0
’ 9 2 - ’ 3 . 1 ,1 6 0 ,1 4 8
Net.
Other in c. Charges.
Dividends. Surplus.
$ 3 6 5 ,6 6 1
3 4 6 ,4 4 4
3 3 9 .3 7 5
5 5 5 ,5 5 2
.............................. .
......................................
$ 1 6 ,1 0 7 $ 1 3 4 ,4 7 5
2 ,1 3 4
1 5 7 ,6 0 7
...............
..
....................................
(5 )$ 1 5 0 , 0 0 0
$ 7 1 ,0 0 7
( 8 ) 2 4 0 ,0 0 0 1 6 0 ,0 7 9
M i c h i g a n C e n t r a l.—(See Map adjoining New York Central
page.)—L in e of R o ad .—M a i n l i n e — K e n s i n g t o n t o D e t r o i t , 270 miles,
a n d W i n d s o r t o S u s p e n s io n B r i d g e (C a n a d a S o u t h e r n ), 2 2 6 miles;
t o t a l m a i n l i n e , 4 9 6 m ile s .
B r a n c h e s o w n e d a n d l e a s e d 1 , 1 2 4 miles;
t r a c k a g e 111. C e n ., 1 4 m i l e s ; t o t a l J a n u a r y 1 , 1 8 9 5 , 1 ,6 3 4 miles.
T h e r e a r e 2 4 4 m il e s o f s e c o n d t r a c k a n d 8 6 5 m i l e s o f s id e tracks..
Or g a n iz a t io n , L eases , A c . — T h e M i c h i g a n C e n t r a l w a s c h a r t e r e d in
1 8 4 6 ; t h e w h o le lin e , D e t r o it t o K e n s in g t o n , w a s o p e n e d in 1 8 5 2 . T h e
l in e s d e s c r i b e d a b o v e a s l e a s e d a r e a l l h e l d b y t h e M i c h i g a n C e n t r a l
n o m in a lly u n d e r le a s e s a t fix e d r e n ta ls , b u t a r e p r a c t ic a lly o w n e d To
e n t e r C h ic a g o u s e s t h e I l l i n o i s C e n t r a l f r o m K e n s i n g t o n t o R a n d o l p h
s t r e e t s a n d t h e p a s s e n g e r s t a t i o n u n d e r a p e r p e t u a l le a s e .
Ca n a d a So u t h e r n Co n t r ac t .— I n N o v . , 1 8 8 2 , a c lo s e c o n t r a c t w a s
m a d e w i t h C a n . S o . f o r t h e o p e r a t i o n o f it s r o a d . T h e c o n t r a c t p r o v i d e d ^
f o r a r e - a p p o r tio n m e n t e v e r y f iv e y e a r s a n d in t h e r e a p p o r t io n m e n t s
D e c e m b e r , 1 8 9 2 , I t w a s a g r e e d t h a t t h e C a n a d a S o u t h e r n s h o u ld t h e r e
a f t e r r e c e iv e 4 0 p e r c e n t a n d t h e M ic h ig a n C e n tr a l 6 0 p e r c e n t o f th e
APRIL, 1896 |
.RAILROAD STOCKS
AND BONDS.
91
»iit>#<Tlbem 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—Princi
IN TE R E S T OR DI VTDENBS.
________________ R A rr.ROAD8._________ ________ ; 5m e81B ate j S te>" , '
pal,When Dne.
Rate per: Wht-n Where Payable, and by Stocks—Last
For explanation o f column bendings, Ac., see notes
of
of
Par
on tirst page o f tables.
Road. Bonds Value. Cutstanoing
Cent. Payable
Bivldend.
Middle Go. 4 Atlantic—Stock..........................
M ortgage................................................... .
; i M t t a t o V ! # EM .......... ............... ...........................
j
M iddktowv. <* Grmcfard— 1st mortgage.-----Ituidlctcnm Vn. 4 R. Gup— lstM ., e x t.in *86......o ’
Sri mort. guar. interest, reduced to 5 per cent., o
Jf
' L:.-,.. i s
.
i1 !
i t 10.:-,.
Mutrnukee Lake S h ort d> Western—See CBic.too A
Mtheaukee 4 Lake Winnebago—Com.stk.81.000,000:
1st preferred stock. 8080,000, 6 per cent, cunt ...
....
- 13
1891
1866
,
1871
1895
N o r t ji-W ks
---—
. ...
-
? < 0 ,0 0 0 ......... ......................................................
66
1st mortgage, gold............................................ e*
45
Hun. Dir. 1st M..* 1 .000,000.g.iub.t<><ull U 0 ..c *r
43
Divisional construction scrip, gold, red. at par..
66
Income mort. (cumulative}, gold. Interest pald.e'
....
Debentures, con vert, gold, see remarks.......... e*
Uiimtakee 4 iVorttent—See Chicago Milwaukee d; St. Pa
33
Mine BUI <t Sehuytkilt li a r . -Stock ~ h P c t rent’ l)
Mineral Range otock *400,000.....................
17
' New coasot M „ gold. red. at 105..................
Minneapolis <s SL Louis—
Common stock................... ..................... .
2d preferred stock. 5 per c en t ntvn-ciunulative...
1st >!.,Musis. toM irriam J r...............................e* ‘ jf?
93
Istm ort.M errtssu Junction to State Ltne.goM .e'
1st M. Mten-ADul. jaUULto White B.Lake_______ •
13
102
Iowa extern 1st M . g.(Al. Lea to Fort Dodge). .«*
53
Mort on Southwestern 6 xxei»l0 8 t*l 2,000 I i .u i . h-’
92
Partite extension 1st mortgage, gold....... ........ o*
First consolidated M „ 810,000,000. gold----- c*xr [
1882
1895
1882
1SS4
ul.
-
See text.
See text.
6 6 ,0 0 0
150.000
250.000
See text.
__
4ta
5 g.
5
3 g,
A.
M.
J.
:J.
&
&
A
*fe
O.
Apr, i ,
.......
N. N. Y „ N. Y. 8u»q. A W. Nov. 1,
D.
do
do
Deo. 1,
Dee. 1,
B. N. Y „ Blair A Co,
’
.... ! ...
See t e x t
780.000 See text. P. & A,
520.000
1.430.000
" ' e g . j . .V J.
6 g. A. & O.
75,000
7 g. A t mat,
520.000
5 g. J. A J.
244.000
6 g. U . & 0.
1921
1911
1896
1925
Boston, Of., 50 State St, Aug. 13.1895
Boston. Mt-re!i,,Nat.Bk. July 1,
1st coupon A p r.l, 1897 Oct. 1,
Oct. 1,
Boston, M e n *. Nat.Bk. July 1,
do
do
Apr, 1,
1912
1926
1900
1912
1904
1891
4,210,200 J.3ts Jtt4 J A J. Phil a, .Office, 1198. 4th. Jan. 15, 1931
303,400
5 if. J. & J. N. Y., T h i« l Nat. Bank. Jan. 1, 1896
353,800
1877
1877
1877
1879
1880
1881
1894
6,000,000
2,500 000
4,000,000
455.000
950.000
230.000
1.015.000
636.000
1.382.000
5.282.000
5
T ex t.
7 g.
7 g.
7 g,
7 g.
7 g.
6 g,
5 g.
jj. i J.
1 Text.
J. A J.
J. A D.
M. & N.
J. A B.
J. & D.
: A. A 0.
M. A N.
N, T. Central
do
do
do
do
do
do
do
do
Tr. Co.
do
do
do
do
do
do
do
do
Jan. 15, 1896
Jan. 15.1896
Jan, 1, 1907
June 1, 1927
Jan. 1, 1907
June 1, 190#
Dee. 1, 1910
Apr. 1, 1921
Nov. 1. 1934
Bjst f l .000,000 o f net earning*, any amount over that to be divided into preferred stock, and No*. 201 up into common; the lessee pays In .
I S ■ uetofoie—une-tao--: •.••<•. 3. - c l
V.
H‘ 73. tercet on them doriog ftret ton years after issue.
CamtjsL Sto c k .—T he stock has remained at same amount since 1873.
As a sinking fund fo r the Mtmitemm IHrwkm bonds are pledged th
Bm »EXi>- stuck. 1 33 2-In 1883, Si in 1884,3; In 1835and 1336, nil; in eompaay's #1,000,000 mm man stock and the entire capital sloe
1 8 9 7 a n d 1 8 8 8 , 4 ; In 1 9 8 9 , 4 ; 111 1 8 9 0 , 5 ; in 1 8 9 1 , 5 ; in 1 8 9 2 . 54>; in
i$50,0O0) o f the M aiiliowoo l-and Improvement Co. The m ortgage i
1893, S*s P - in 1894, 5># percent; in 1993,4 p. e.: In 1636, Feb. 2 p, c. a first lien -cm the 45 miles above mentioned and covers the rest 0
Boston,—’The. Jackson Lansing 4 Paginate bonds were assumed by the property, subject to the first aud tnoome mortgages o f 1882. V
Michigan Central, which also guarsiiteeatk perpetuity 3 »« per cent on i m . r»- 0 3 « .
the Stuck. The Hatf Oily 4 Battle Creek mortgage b* far f 1,800,000, > R e n t a l , E re ,-R e n ta l in IS93 94. $471*041; to 1892-93, $204,324
»«it amount OTlSMandiisg 1* limited to #15,000 per mile.
T h e ' to 1891-92. #2CK>,#43; in 1890-91, #198*591. In 4893-94 net over ex
total i**oe of Battle Creek it .Sturgis bonds ! » 8500,000, but : P# h m # and taxes, #167,695-; interest on Honda, #144,800; on debeu:
ef this 879,000 was safaguanuiteed by the Lake Shore * Michgmn tores, $1,500; dividends on preferred, #10,950 {5% p, ©.); balance,
Souther®, 7 miles o f the » . <J. * 8. being operated bv that company surplus, $43,445; (V, 61, p. 281; V. 02, p. 636.)
The Bay City A Battle Creek and the Battle Creek A Sturgis issue* both
M l n e r m l f t a f* s r e ,— #' .V arrow
- H o u g h t o n , M ic h ., t o C a lu m e t ,
carry the guaranty o f the Michigan Central endorsed on the bonds.
Mich., 15 m iles; nranches, 9 m iles; total, 24 miles.
O r a t s m a r , F in a ACW, A C —The road is operated under a close con
H
is
t
o
b
t
,
En:.-Oj*en*t«-d
to
close
connection
with Hancock A Calumet
tract with Canada Southern, and the earning* o f both roads are included
In the statiMie* below. Nothing has been charged to either the con (which pm.) Reorganised to 1891.
struction «>r equipment account stave 1883, with the exception o f land
B o N m —The eonsolidatcd mortgage covers all the property, Including
for right of way and terminals. A ll betterments and improvement* to $259,000 o f Hancock A Calumet stock, which is five-sevenths o f the
the road have been charged fa operating expenses. The company pro w h o l e Is s u e . M o r t g a g e is f o r # 6 0 0 , 9 0 0 , o f w h ic h t h e r e a r e r e s e r v e d f o r
poses fa construct * throe-span bridge aero*# the D etroit R ive r at Old bonds #7,000 with trustee.
Detroit, at an estimated cost o f 84,000,000. to do away with the ear
fU aaiaa*.'—For year ending June 30,1895, on 24 miles, gross* #111,ferries. V. 01, p. 1107.
229; net, $44,252; other income, #26,675; interest and taxes, $26*890;
AXXCAL B * m >kt .—Fiscal year end* Deo. 31. Anna*! men ting is held dividends (7 p. G.) $27,538; balance* surplus. #18,409. In 1893*94,
on the Thursday following the Ural Wednesday in Slay. Result* far gross $115,521; net, $40,590. Fires. W. V. Fitch, Maniuette, Mich.;
!*-*•>. December partly estimated, are (riven bitow. Report tor 1894 A m 4 Secretary. 0#9* II. Church, 45 W filk o iS i, N.
(V . 55, p. 4140,)
was in V, 60, p. 777, 791.
'tf In ixcapo-Ila Sc St, t>an im I t f t . —
i f up./—Owns main Hue,
Ttnreiuling fa r. 31— 1895.
1894.
1893.
1892.
Minneapolis to MMgmt la,, 201 % m iles; I‘settle Div.. Hopkins to Morton,
Miles operated.,.......
1,034
1,634
1.634
1,630
I 93 mliea; Koto Rrauati, 3 ntllea; I«ake Park Bnittc-h, 1 % m iles; toml
Bros* earnings. ...... 813.550.000 812,5*4,012 *16.179,<>31 813,906,292 j operatod. 350 tnllaa leases trackage ftcra MtoneapoUa to St. Paul
Operating expense*.. 10.070,000 9,144.107 12.287,702 12,046.005 over i t m l A North, Fae. R li., 11 m iles; also owns from Mtoneapotia
to White Bear Lake, 13 miles, which is leased to the S t Paul h Duluth
S et earnings...... *3,480,000 83,439,905 83,8002230 83.802,197 Railroad Operates* but account* kept separate, Wisconsin Minnesota
A Pacific R y .,217 miles. Also owns* but leases to Bur. C. I t A Nor.,
F. e. op. ex. to earns..
74-32
72-66
73-95
75-72
Albert Lea to Iow a ita te Ltoe, 13 mile*. S t Foul <k Duluth in May,
Set,laeTgother Inc, . #3,529,000 t a u w t g s M 0 3 . 9 3 0 , 0 2 0
1895, began using M. A S t L~ tir m iA th at .Minneapolis.
Beutai* paid......... (
|
0194,310
$1
§4,340
$184,310
HtstoaT*—A reorgani^atton to October, 4S94, a* p er plan given to
Interest on debt
J 03,400,000 i 3,316,97ft 2,217,404
2.220.054
V. 50. p. 374, o f the Minneapolis St S t Louis % . » aow O ot 11,1804, at
3 O 4 .0 O 0
C3ml ,8©ttlh*r» #I*nr%'.
4563148
3 8 0 ,7 1 2
foreclosure
under Im prow m iait and e^tnipment mottgage.
<4>749»&2Sf5*t> I03060 J{$%} 1030604
Sto c k ,—The capital stock off the new company ia common, $8,000/
OnifilBS.,,,,,.. . . .
#75*480
846,034
#4*5.070
#83,3181 000; first preferred, 5 p. c., cumulative, #2,500,000; aeoood preferred,
—(V. 60, p. 77 7. 791, 1120, 1148; V. 61, p, 1087,1107; V 02, p. 278.1 5 p. o,, ooQ-ctim iiltort, $4,000,000. Huder the plan, old common and
old preferred were m*mw'4 #25 per share, new first, preferred being
J lld ili* d-f*#.rsfla Sc A t lift t it le —*Owm* ft&tu Itotatttoli to Ootl'&ttoa, issued for assessment, A il classes off gtock have equal voting power.
€f*k. 44 Utile*; Qpmmtrm MUhwlg*vlUr St KutcmUm RK., 21 mil#?#.
D lv iD W ia .—On first p re fe rre d : In July, 1895, the first dividend was
Bold fa ff»r*wJ«*ittre Sept. I I , 4894* to iitn n tn Mv«w§ ta d others tat
$1.85*000, KAR3riN<*.«a—'Y ear futtitog la a a 30, li# $ , gross, #54,725; paid, being 3% per cent fo r 9 months ; In 1896, Jan., 2% p. c. On
tetemd
preferred aofi*fmmti!at$ve2 In 1890 first dividend Jim., 1% p. c.
aet, #10,450; ehAtXW, $2,423; batonro, la ip lm , $8,027. Fop nine
Ifpfith# finding Jmm 30, 1994* j$mmt #35,737.—4*. 50, p, 201
Bond #* E tc ,*—Bonda lamed under the mortgage due June, 4927, a tun*
_31I tl d f
rt* »i u t* t i l t , —
around City off
It ,} heted from 1.101 to 1,400, for $500 each, additional to those above,
E-f.-* 14 falkA | bettatitom |$ « m ! milten* 10 m.;
7 m.; U»ttti/S# were aseuistsd by the Burl. Cedar Rapids & Northern l i f t
The new first eonaot mortgage (see abstract V. 58* p. 1445| pro video
A p © 0 tfa s l:«a -tt0 B t o 1 8 0 5 o f ttm M im im tm m m A f t « l t . w h ic h
open«#l J»niuic7 1,1891. #o4 *«ld In tortclM ure June 12. 1805. for the Imurn off # 10,000,000 first contoL 40 year, 6 p. 0. gold bonds, of
la April, 1806. road wa* ac^iulr^l br I>miATlI!o A N'jMhvllk*. In year which are reserved $4,718,000 for underlying mortgage, the remainder
midltif Jmte 30, 180.5, gram, $22,540; df?8cH under oprratlair #373, to pay past-due coupons, to retire or ac,*|tiire certalJi outstanding bonds,
and for expenses, etc. The mortgage covefs all the property, equip
la 1833-94 set, #2,685.- ( V , 60, p.
1146; V. 6 i, p. $66#>
ment, franchises, ©to., o f the company.
V « l l * y . —<i>p^nwl for !hi
i l a O c to b ts r , 1 8 9 2 * f r o m
GF.Nr.-EAL Ft»A3tC*A — On June 30, 1893, there was no floating debt
f& plm . K* Y., to Cftmtnra, 21* t&lfe*. For*
§1 la 1895 » y U ’ hlgh Vak
and the company held in its treasury cash $270,360, consols $282,000
ley-, whieh
|Y, 60, p. 1146; V. 61„ p, 1013.)
and M, St 8. stock, par value, $546,087. Esidmated fixed charges under
^ ( I d d k t o w o IJ n t o n r t l l r 4c W » l # r «J a p .—
Mt$p
l\ »n*~ plan are- #580,540 %mr year. A syn llcato has purchased $5,000,000 off
mmkantm 4 Wm^rn,.j-—cywn» from m M m ow n *. St. Y*. to 'UaSoairlUa. the new 4 0 year 5 per coat bonds. See V. 59, p. 371.
B. J. State line, 14- mile*, fttock, $449,850; par, $56# U oonlmlled
R a r x ie o #—8 months,) 1895*6, gross. $1,4*25.276; not, $609,413.
owBer*hip off «toek by New York 6ft4^b#hanaa A Wmtmrn,
July 1 to Fel*. 29,
\ 1HM 5, gross, 1,223,418 ; net, 539,015.
wliieh payn la t e r a l on bond## la year andlxut Jtttte 30, 1895, rru**,
g| rS 4 ii astw .#21,673-; tet^rest swat utcw . #22,251; balance,
A stut Ah R k i *o r t .—Fiscal year ends Jone 30. Report for 1894-95 was
la 1893-9-1 ^po##,#50,973; n et,$21,722.
in V. 81, p. 007, and state# that $57,158 o f old debts arc included in
M id la n d T e r m i n a l H j - . « Ro a d ,—From Dlride, on the Colorado operating expenses- fo r 1894*95,
1894*95.
1893 94
1892-93.
1891-92.
RR,, to Orlppl# Cmel^ about 30 mUe*; opened is Dee,, taps.
#338,320
#355,188 $410,995 $402,209
T h is mtsn&artmw the distance fv#m Denver to Cripple Creek about 70 Passengers.............
Pr*'^
I# for $1,0«>0,CNX» and tioad# are redeemable Freight— ....................... 1,378.784 1,243,538 1,449,089 1,473,683
M,aU, express, A c . ......... .
106,694
110,141
114.415
109,121
at- i w . I m Jaiiaafy.,. 1890, a© ’feoad* had heoxi
-V. 61 * p, 067.
A L a k e W ln »« b » # o ,- « « O w n a N owehU i to- iohleliliiLeaned for 99 yeara to Wt». Cent, at 37% per
9804of
earu'la#a a# rental; hat after $175,000 per year la moejved. the bmlaneo of net earn in to* U to be equally dl Tided.
*hi Anipt«t, 1895, » new Is*4?i# off #1.000,000 common *t*«*ir wm romle,
T o t a l . . . . ...... .
#1.823,999 *1,708,870 *1,074,499 *1,985.033
Oper. expenses St taxes. . 1,092,890 1,052,469 1,267,685 1,186,000
Net earnings. . . . . . . . . . *731.718 *656,411 *706,814 *798,433
Other in co m e.... . . . . . . . . .
127,292
137,202
138,361
106,482
t l r o l d <wmmoii being ra-ade eeeoad p referred , and the M a n itow oc
mTiwoa feondi* for $ 1,000,000 were ereatod for etteo ifo w o f 45 m i! cm*
*813.613 *845,175 *925,725
T
o
t
a
l.
..
.
..
..
_______
.
*838,200
i^o o« eompleted July J, 1896-1, to Maratowoe on Lake Mirhie'an, Renta is..........................
03.657
01.797
62.554
60.205
Jbenee fe rry b o a t eanrylnt 30e-ira ea<tb w ill transfer train.? to Flint Interest paid during year
410,160
800,070 1,185,029
35,520
A re re Marriuette road en root© for nea»mrd. See V 02. p. 636.
bw—Preferred has paid 9 percent per anhttm,
regular
T o t a l.... . . . . . . . . . . . . . . #479,385 $950,727 $1,248,183
$97,322
^^ference o f 8 p «r omit, and on ooemitifl o f aecroed lm «* dividend an
re.1 !. I«t - $ 158,815 d Ti If. 15 ^ *1 #10 i.oo
addiliosal 3 per eetst; to 1895, fob ., 8 p. <%; Anr-. 3 p. c- In Febnmry,
■{V 59, p. 371, 453. 513, 551. 600, 631/679, 73*. 780, 836, 879.1007,
1 8 9 3 1 0 p e r c e n t e x t r a w a « p a id .
1058. l i f t »1145? V. 60, p. 705. 029, 1059; V. 61, p. 69, 8 07 , 1065 ;
BonifS.—pfiieijtn rfs Noe. 1 to 200 are convertible on any coupon day V, 02, p. 40,08$,)
e
*9
INVESTORS’ SUPPLEMENT.
RAILROAD
APR IL, 1896. j
93
STOCKS AMD BONDS,
S a b » e 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 tic e o f a n y e r r o r d i s c o v e r e d In tlte s e T a b l e s .
R AILRO AD S,
For explanation of column headings, Ac., see notes of
on first page o f tables.
Road
I t inn. lit. P a u l <t Saull Ste. Marie,—Common stock..........
Preferred stock, 7 per cent, non-cumulatlve......
Mins. Sanlt Ste. Marie * Atlantic 1st M. g o liL .c' 495
Miufieanoltt A Pacific. 1st m ore. $15,000 p. m..e' 286
Consol’ M., gold, int, guar, (end.)—See te x t....o ' 970
Income eerfificates...................... .....................
Car trusts June 30, 1894.......... ...........................j
M Um m iopi Miner * Bonne Terre— 1st m ortgage...
28
Miesies>/uoi Valley—Stark, 4 p. c. rental Cent. Vt.
Missouri Kam a* A Texas.—Common stock............. :
Preferred stock, 4 per cent non cumulative....... i
TelMj. A Neosho le t mort.,gold, a. t., red. at 100.. 100
M. K. A T. 1st mortgage, go ld .............................. 1,601
2d M. formerly incomes,, sec text, gold .......... 1,601
1st M. extension bonds, gold (see te x t)......... o ' . ^
125
Kan. City A Pacific 1st tuort., gold, int, go. end.c
67
Daiia* A Waeo 1st M..$20,000p.m..g.,p.& 1. gu.c*
Mo. Kan. A Eastern 1st >1., gold. gu. p.AL (end.).o* 162
162
2d M. f o r $500,000 gold, guar., p. Sc 1. (e n d ).
51. K .A T. in Texas 1st 51., $20,000p.tn., gold, gu.c* 132
Boonevllle Bridge, 1st >1.. gold., gu., dr'n at lOO.c";
Guar, band* o f companies operat'd separate!*—
Sh.SAASo.lst 51.^20,000 pjn.g. ,gu.,p.A-L (end. it •, 155
S. W. Coal A Im p 1st M. guar. p.A '.end. *. f.ln'99.
Missouri Poet He—Stork, $55,000,000 autlioriiwl.
pac. RR. o f Mo. 1st rnort., extended In 18SS, gold 283
2d mort. ext. la 1691 In gold, St. L. to K. C..e*i 283
1st 51., St. Louis real estate, ext. In 1892, gold,
1st M. Carondelet Br., e„ gu p.A i.n-nd.|ext.'93 * 1*3
3d M. (cover g hI! property (>r Paetfie R K-of Mo.) 290
55
Mo. Pacific 1st 51., Lexington to Sedalla, Mo. gold
Consolidated mortgage, $30,000,000, gold ,,c* 1,076
Ronds—Princi
IN T E R E S T OR DIVIDENDS.
Date Size, or
pal,When Due.
Amount
When Where Payable, and by Stocks—Last
of
Rate
per
Par
Whom.
Bonds Value. Outstanding Cent. Payable
Dividend.
i ....
1886
1886
: 1888
1890
1893
i . ...
___
1870
1890
1890
1894
1890
1890
1892
1892
1892
■ 1873
1893
1889
ISOS
; 1871
1872
| 1873
1876
j 1880
! 1880
. .. .. .
$100 $14,000,000
.......
____
7,000,000
100
8,280,000
1,000
4 g- J. A J. N, Y „ Morton, B. A Co.
4
do
1,000
3,208,000
J. & Jdo
do
do
1,000
16,857,000
4 g. J. A J.
...... . ...
771,000
. .. ..
859,990
500,000
6
_
500,000 4 per an. J. A J.
St. Albans, Vt.
......
100 47,000,000
_____
___ _
100
13,000,000
1,000
187,000
7 g. J. A D. N. V, Office, 45 Wall St,
do
do
500 Ac. 39,813,000
4 g. J. A D.
4 g. F. & A.
do
do
500 Ac, 20,000,000
998,000
5 g, M. A N.
N ew York.
1,000
1,000
4 g. F. A A. N .Y ., Office, 45 Wall 8t.
2,500,000
1,340,000
do
1,000
do
5 g. M. A N.
4,000,000
do
do
1,000
5 g. A. A O.
do
do
1,000
500,000
5 S- A. A O.
do
2,685.000
M. A 8.
do
1,000
$A£
599,000
do
do
7 g. M. A N.
1,000
1,000
100
1,000
1.000
500 Ac.
500
1,000
500 Ac.
1.000
do
1,200,000
5 g. J. A D.
do
do
do
c
J, A J.
800,000
47.436,575 See text. Q.—J. N, Y ., Mercantile Tr. Co.
4 g. F. A A,
do
do
7,000,000
do
do
2,573,000
5 g. J. A J.
do
do
800,000
5 g. M. A N.
do
do
245,000
4>-j g. A. A 0.
3,828,000
7
M. A N,
do
do
do
do
5 g. F. A A.
850,000
M.
A
N.
do
do
14,904,000
6 g.
July 1, 1926
Jan. 1, 1936
July 1, 1938
July 1, 1900
1896 A 1903
Nov. 1, 1898
Jan., 1896
June
June
June
Nov.
Aug.
Nov.
Apr.
Apr.
Sent.
May
1,
1,
1,
1,
1,
1,
1,
1,
1,
1,
1903
1990
1990
1944
1990
1940
1942
1942
1942
1906
June 1, 1943
1929
Jnly 15, 1891
Aug, 1, 1938
July 1, 1938
May 1, 1938
Got. 1, 1938
Nov. I, 1906
Aug. 1, 1920
Nov. 1, 1920
y it n u e a p o lt a S t. P a u l A s a u lt .Ste. M a r ie .—Owns Minneapolis
First mortgage extension bands are authorized at ‘ *.#20,000 per m ile
to SaaltSte, Mnna.Mteh., 491 m ile *; brandies. 15 miles; from Minne for new lines and equipment” fo r future branches.
apolis northwest to Knlm, No. Dak., 308 miles; Hankinson to Inter- ! O c a ra kt its .—I ii t ere - 1 is guaranteed on $2,500,000 Kansas City &
national Boundary Line, No. Dak., 342 m iles; trackage In Minneapolis, I Pacific 4 per cent bond.* and on the Boonevllle Bridge 7s, and prin
8t. Paul, etc., 19 m iles; wthcr 11 saiics; total, 1,189 mile*. Connect ■ cipal and interest on Dallas & Waco bonds (Issue limited to $1,340,000).
with the Canadian Pacific.
The Mim mtri Kaunas d Eastern bond* arc guaranteed, principal and
HISTOBT.—Porruerf June, 1668. by. ___joUdation o f tl: Minneapolis mtereet, the road forming the St. Louts extension from Frank It n. Mo.,
to
Texas Junction, Mo.. 162 miles. The mortgage Is fo r $4,000,000,
Sault Ste. Marie & Atlantic, th ifinaeapoUs A Pacific, etc. (See V.
See guaranty V. 56, r*. 604
46. pp. 533, 609.1 Controlled by anadtan Pacific,
The M. K. '<£■ T. in Texas in August, 1892, tiled a mortgage to secure
Sto ck .—A fter 7 p. c. on pro?., * union and preferred t tare pro rata. SlO.Ofm.OOO o f bonds at $20,000 per mile for extensions in Texas.
p r * t stock, They are guaranteed prUmipat and interest and are so endorsed: trusCanadian Par. owns $7,066,600
i ’ r u - * I . ’ s;,.,.
u n d g i i a n u i t y V , 56, j>. GO 1
.
it interest on
B oxta.—Can, Pac. gnarantoes
*H the bonds a-sen fla g to a roll
The Shrrmmn Shreemmrt d Southern mortgage is for $6,100,000 at
MmoeaiHiliio A Pm M v not exceeding $20,(066 per m ile; authorized/ $3,100,000, o f which
V. .50. t>, 7 64: V .51.P 239, > A t«
mxitmL v , 54, p. 799.
#2,050,<.WM) pledged under the M. K, <k T. mortgage o f ISOO, and $1,050,bonds and practiealfy all of the
Abstractor kinneapalu Saull
mfteym&ftgmm to V, 45» 000 issued to M. K. A T. for siatidattl-gauglng the road, formerly the
astral Trust Co,, mort- Ka.st Uttc 4 Eed River. Sec below. The tine Is operated separately.
p. 243. The toneat. .-.ortp.we o f
gage ale*tract O lk ‘ >xlf..'i.r., V. 47,
T # 81«0Q*MM)0 mi $00 The Southwestern fjmtl & Improvement Ch.'s bonds arc guaranteed.
Ml to retire- the prior The m ortgage covers the coal underlying .about 51,000 acres to Indian
miles (sufficient o f this ummn
Territory, and the company also owns 2,350 acres additional, the Deni*
toiidsi aud for $20,000 per mile on all additional mi
so®
Washita By., 15 miles, mines to active operation, etc. The
S t n t U FtXtNCKs.—If> 1694 Can. Par advanced
direct- revenues to 5 ear 1804*05 enabled the company to meet all its
the M U M o f >1. St, P. * 4, A M, fixed ebanmat In
gittion* in eon licet ton with the development o f the pro pert v.
30*121M&O; j The morttgiige is for f 1,000.000.
On June 30. lo o t , the balance sheet gave funded
$,•>00.
current liabilities, $1,972,177; cash aud current as*
Dctorrc*u payment# due for cars, etc., on July 1,1804, were—payments
: L . t k - t FlvBvtai.s.—2 me*., > 1896___ gross, 6; - J.',
>1
, $13It1,509 |esrtoodtojg till F»'brnary, 1808, $384,767: payments extending till
Jan. 1 to Feb. 3ft.
> 1*95 .. gr.,--. 353,1
>9,889 j: .Novum bvsr, 1005. $230, <22. to to? made from 1111leave o f ears.
QBKUUjhh F ivaxcks .—In 1888, when receivers were appointed, the
For year 188o gr»>*», $3,146,156; t » 1, #1,130,359
road was» dismeaibcrial and in had physical condition. Bine© then
JKaegfXb*.—For year ending June 30,1853)5, gross,
psihditore* have iieeu road** for improvements, connecting
12-93; links uav e been built and the* line to Kansas City has been leased,
r Sheramn Shreveport Jk, Soutiiem nor the Coal Co. bonds arc a
ntsti #644,240, Agmtmm $&04t157* (V*. 56, p. 414, 71
.
The
««*{’*»nd
mortgage 4 per cent# became fixed Interest bonds Aug, *2,
H J• *§ **! i* p I it I v «*r A H o ii n «* T e r n * it y
B<*
i R iverside;
a built, for i 1805, a td ie g $400,000 to interest payments m compared with year
to f>ne Hrm. Mo , 47 mil
wfakto par|w m It Is prop®
{par
j 1804*05, when only 2-mir cent was paid on these Uonda, F irst m ort
f t ota #4KH
to SUM
m , IS M * | gage extension bonds for $330,*K*0 were issued in 1805, In 240V., 1895,
Fat nSng« tor ft
*>**..$103,- |listed. $668,000 additional tlrst ext-feijufos* bonds,
de#89; net* #2*337; other la
K Wf
L x t i ’st K xastsos,—Jan, 1 to Mar. 31, 3 months, grow , $2,821,051
P t m I M s in 1800; #2*078,815 In 1-895. In eatendar year 1895 gross, $11,060,fke’U, #29,0m . ill 1893-9v
York, i 135, against $10.7612,591 In l$©4.
I . Wyman $mm% T m m m
*l i t)
-M issou ri i i mumnm A
liaml wwimet.
Mo., via IMpnhte
Whitest*ito, to lieartot
June. €Sty,, Kan,-, to
Ft. Worth to Houston. T<
Pauls. g%rt , to lh>hh u. 1
Branches* cin to Mlneoia, <
158
si **o
54
451
|84 U
j k All *
} Whip
Gulv'
AxsirxL B k po kt .—FiAeai year endz June 30. Hcport for 1804-95 was
mm
Mile* In 0fim>I!SJfJs, V, 61, p, 791, and slmwed #961,02/ ip e a i for improve
» l o W k ltfti,...........
18 I ments, etc*, and charged to operating oxpmwm, against $460,384 in
1893-04. Earnings, etc*, hav* been us below, the interest paid includjoin tly .
i t o T e t i i J u n c tio n ..
2 4 I intf #400,000 [2 p, 0..I on 2d mortgage
Year ending Jane 30.— 1,895.
1894,
1893*
1892.
M y to P a d * ,* * ...
43
Average miles operated. _ 2,0*28
1,960
1,712
1,674
t>r*> t o Ft* W o n i i ____
71!
Pasw
agvr
.
.irnia*-........$1,970,905
•1.989.U
S
fl,S9»,H
87
$1,870,289
m H o u a . A U c m l . . ..
SO
F reigh t.... .................... 8,968,779 7,359,213
7,878,3577,319,912
Mall, expres*. ole.........
388.679
528,829
614,847500,382
Iterated . . . .........2,107j
Total *
Sd.wa
Mile*,
Road l
fir m * M a t in g * .........$11.544,363$9,877,890 $10,388,191 $9,750,583
Texsm St
?n
102 I
7,810,7347.317,493
Paula to
ete.**,.V
1 5 0 1 J’ itorsTjtoG rr*’ nv.,Tex.,«&c. 155 Oprr. exp. itixl taxes... 8,421,184 7,205,911
The Holden Erswdk. 54 i
mf was lease*! to
*. P »e., but lease was Net earn., tnoL nth. lnc.$3,123,179 $2,671,349 $2,597,490 $2,433,070
ewuceied Sept. I* 1895. M* K , Je T, trains ftiu 1a to Galveston over the In t*r«*t on bond*....... 2,012,913 2,009,380
2,359,443 2,259,827
Galveston M
in A Rent
*on tracks. A 1.1m t rum Holden, Kan., to Rental*., A c ...... ...........
285,497
71,510
...........
94,300
Sedalla i lUM.
LiPtiis A Kmufmm c ity cut off), 33%
er, 1895. {V. 60,p. 8:3; V. 01, p. 471, 701J
miles, was com picrt«4 ia
Balance.................«r.$224,789 <H>f. $9,521 nr,$238,047 er.$78,943
ChMUJOgATIQIf, A c ,—Urn itgamlsrd in I $901 wltlMm% tvm&lsnwt&t fpiaa —(V. 60, p. 83, 177. 219, 749, 1010, 1059, 1105, 11 if t ; V. 81, p. 113,
In V r 40, p, 719, the old ftmi mortgage being paid off at par.
471,602, 7 9 1 , 907, 1013, 1004, 1155; V. 82, p, 233.
The "Mu K A T * Railway Co»jp »»-y o f T e x * * "« afortaadwith capita!
M imwourt P a c lllc . —•R o iL —The Use* operated are a* IbUovva;
( i t $$,000JKK ) to
utire Lines owned and. mntrailed. Miles. Leased tines, and iractmge. Miles.
• toek is d* ■
neflt o f St- Louis to Omaha............... 495 BoonviUe St* L. %kSouthern..* 44
cl with O
rnt- Co. as tmste f o r t h e
the M, X. £ 7 . Mwinrity bolder*. »v . 54. p. 1047; v . 55. p. 298.1
Pleasant H ill to Joplin, Mo.. 133 Yertl, Valley Ind. A W est,*.... 81
M. K. A T , d w m entire capital stock o f the M. K A Eaatern
12 branches owned______
450 Leroy A Caney V alle y......*,.. 52
Kansas City A 8. W... . . . . . . . . . 48
U z d if SArr.—Land grant to fndtots. Territory 3,110.400 acres, sub Proprietary lines [entire stTk
o wn*d jform’g line to Pueblo,
T r a c k a g e t o S t* J o s e p h , e t c . . . .
29
ject to extinguishment uf Indian titie. (V. 55, p. 937; V. 61. p. 1155.)
Col.,
etc.
.
.
___
_____________1,833
Sto c k .—hr-*Ids* stock as above the Soonriilo KB. Bridge Co. ha*
Total
Mo.
Pacific
and
branch
linns.
.
.
....................
3,165
$1,000,000 etock; and thf* M. K. A T, o f Texas has #2.012,500 or stock
Also operates Central Branch Union Pacific. 388 m iles; 8t. Louis Iron
incinded by M» K. A T . to its balance sheet to the outstanding capital.
Mountain A Southern and leased lines, 1,773 miles. Grand total Mis
BoniNS.—Fu ll ah«iM i Is of th#S-J$mt mart.
%arlgttge o f 1800 Itrustee Central souri Pacific mileage January 1, 1896, 5.326 miles. Operated Inde
Trust Company) aud of thr sernnd r. a rt gage (trustee Mercantile pendently, Arkansas A Louisiana By., 26 miles.
Trust Company) vrenss In V* 51, p. 495. These mortgages cover the
O r g a n iz at io n . L e a s e s , AC.—The Pacific RR, of Missouri was sold to
main 1J.ne from ilm
ml* Mo. , to a point
foreclosure September 6, 1876. The present company was a consolida
ft disti 8 t « of 941 mi1e# (cut.rvpt 11 mi
tion
In August, 1880, embracing the Siiasonri Paclflo and minor roads.
brandlea,, the total
*!;?
.
... tm>rtgaged
,
mil esc®
be ..... !< i • t ■
@hHEi»as Shreveport A ##*» form eriy the Uu*t Line A Bed R iver RR. The bonds o f the proprietary lines arc practically all pledged to secure
Mo*
Pacific
loans* The Iron Mountain stock ia mostly owned by the
The bonds o f the Sber. 8hr* A So,, except $l,oSO,0OO (turned over to M* j
K. 4 1, tor staftoarti ganging the libo fare deposited as part security Missouri Pacific, Complete control o f the International & Great
Northern
was
secured in 1892, See V, 54, p. 368.
tor the aforesaid mortgagee,- These mortgages also cover the right to
D ivid end s — In 1881, 8; to 1882, 6%; to 1883 to 1887, inclusive, 7
the laud grant. In ttoe Indian Territory.
yearly;
to
1888,
51*; in 1889,4; in 1890,4; in 1891, 3 p. c; none since.
Payment o-f Interest on ihe^eeaml mortgage o f 1890 is obligatory since
Bo nos ,—T he consolidated mortgage is for #30.000,000—trustees John
the eottpon o f Aug, l, 1895, th# payments to and Including that date
hairing been dependent upon earnings. Interest payments: Cn Feb., F. Dillon and Edward I>. Adams—the balance unissued is in the hands
1892, 2 f>. cg Feb., t893.2p . c.; Feb., 1894,2 p-C.; Feb., Is 9 5 ,2 p . e,. i o f trustees to redeem prior bonds as they fall due I f deemed best* Hoe
Feb., 1896, 2 p. e., ohflgatory.
1 abstract of mortgage 1a V. 47, p. 287.
INYESTOES’ SUPPLEMENT.
94
LVol . LSII.
f
NubMcrlbers w i l l c o n fe r a g re a t fa v o r by g i v i n g im m e d ia te n o tice o f a n y e r r o r d is c o v e re d in th ese T a b le s .
Bonds—Princi
IN TE R E S T OR DIVID E ND S.
RAILRO AD S.
Miles Date Size, o r
pal,^When Due.
Amount
Par
of
Rate per When Where Payable, and by Stocks—Last
of
For explanation o f column headings, Ac., see notes
Outstanding
Road. Bonds V alue.
Cent. Payable
Whom.
on first page of tables.
Dividend.
Missouri Pacific—(Concl.)—Gold coll, trust ...c'A x 1,12 0 1887 $1,000 $14,376,000
5 g1,000
7,000,000
1 st collateral mort. bonds for $ 10,000,000 gold.e* 671 1890
5 g.
1895
5,978,000
Gold funding notes redeemable at par.............. o
5 g.
1,000
52 1886
520,000
Ler. ACaney V al.lst M. ($10,000 p.m.),gold.,gu.c*
5 g.
1.000
806,000
Verdigris Val. Independence & W. 1st M.,g.,guar.
81 1886
5 g.
Missouri Pacific System—St. Louis Iron. Mt. d So...
1,000
4,000,000
8t. L. Iron M t. A So. 1st M., extended at 5 p.c.in’92.o 210 1867
5
6 ,000,000
2d mort., gold, $1,000 or 4J200, at hold, opt’n.c" 310 1872 $ A £
7 g.
1,000
2,500,000
Ark. Br., 1st M.t 1. gr., ext.’95, sub. to call 105.C
99 1870
5 g.
1,000
71 1872
1,450,000
Cairo Arkansas & Texas lstm ortgftgetgold.c,,&r
7 g.
Gen. consol. A la n d gr.M. ($45,000,000), gold.e* 1,428 ’81to’7 1,000 21,795,000
5 g.
1,000
7,000,000
. ...
5 g.
Do
do
gold, stamped, guar. p. A i..c* 1,428
4,281.000
Gold funding notes, redeemable at par...........c
1895
u g.
........
1,520,500
Car trusts, Dec. 31, ’95, due 10 per cent yearly
6
1879
132,282
1 st nref. income bonds cum u lative................ r
7
1873
Baring Cross Bridge Co., 1st mort., gold..........
200,000
7 e■
i ,6‘oo
Kansas A Ark. Val. 1st M. $20,000 per m., gold. - 165 1887
3,412,000
5 g*
Little Rock A Ft. Smith 1st M.,land gr. sink.fimd.. 165 1875 500 Ac.
2,342,500
7
1,000
Little Rock June. 1st M., guar. p .A i.b ylro n Mt..o*
2 1891
6
435.000
100
Mobile d Birmingh. lift.—Stock ($1,000,000 is pf.).
1,800,000
1895 200 &c.
Prior lien. (8ee te x t)......................................... c
600.000
5
1895 200 Ac.
1 ,200,000
General mortgage, $1,200,000, go ld ..................c
4 g.
1,000
Mobile d Oirara— 1st mortgage ($200,000 are 6s).c
1 ,000,000
85 1877
4A 6
1,000
122 1890
Consol, mortgage for $4,000,000.........................
590,000
5
100
Mobile d Ohto—Stock ($10,000,000 authorized) gold
5,320,600
1st M., Mob. to Col.(prin.gold,int. lawfulmoney).c* 472 1879 500 Ac.
7 000,000
6
1st mort.. exten.,Colum. to Cairo A branch,gold.c*
55 1883
1,000
1 ,000.000
6 g.
General mort. for $10,500,000, (now gold) s. f,..e 527 1888 500 Ac.
9,136,000
4 g.
Equipment bonds Dec. 31,18 9 5 .........................
’84-’90 1,000
6
295,418
Moh^d Malone- 1st M.,$15,000p.m. .g^gu.p.&MenJo* 181 1892
1,000
2,500,000
4 g.
Income bonds non-cum., 5 per cent (see te x t)___
1892
3,900,000 Up to 5
Monongahela River R R .—ls t M.,g.,gu.B.& 0.,end.c*
32 1889
1,000
700,000
5 g.
Consol, mortgage, $1,500,000 gold, s. f in 1898..
1,000
1895
1,500,000
5 gThe collateral trust bonds due 1917 (Union Trust Company of New
York, trustee) are secured by mortgage bonds of newroaas at $12,000
or $15,000 per mile; these embracing the line from Fort Scott, Kan.,
to Pueblo.Col . etc. For securities pledged, etc., see Y. 46, p.678.
As to collateral trust bonds due in 1920, see Y. 50, p. 669, 874. On
Dec. 31,1895, $2,636,000 were held pledged fo r Missouri Pacific fund
in g 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 of $8,256,000 collateral trust
notes (“ gold funding notes” ) and $4,744,000 St. Louis & Iron Mountain
notes were authorized to fund floating debt of these companies and
provide for future needs. Of the St. L. A I. Mt. notes $1,495,000 are
guaranteed by the Missouri Pacific. Mercantile Trust Co., trustee. A
list of the securities deposited to secure these notes was given in V.
62, p. 548; Y. 60, p. 1059. On Dec. 31, 1895, $5,978,000 were out
standing on Missouri Pacific and $4,281,000 on St. L. A I. Mt.,
while Mo. Pac. loans payable (secured by collateral) were $1,125,850.
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. combined, $5,255,000 in 1896; $5,075,306 in 1895.
A n n u a l R e p o r t .— Fiscal year ends Dec. 31. Annual meeting is held
at St. Louis in March. Report for 1895 was in Y. 62, p. 497. Earnings
of Missouri Pacific system have been as fo llo w s : “ Other income ” m
1895 includes: Dividends American R efrigerator Transit Co., $33,000;
Pacific Express Co., $72,000; iuterest oh Iron Mt. general consols.,
$137,000; fut. on gold funding notes, $62,000; sleeping car earnings,
$37,000. “ Other income” in 1893 included dividend on Iron Mountain
stock, $514,322; dividend on Pacific Express $216,000, etc.
1895.
1894.
1893.
4 QQO
Miles operated.
4,937
4,987
$22,672,004
$21,800,646
$24,018,339
17,933,266
17,379,797
19,091,191
$4,738,738
R atioexp.A tax’sto earns.
(79-099)
$1,081,881
$4,420,849
(79*721)
$741,439
$4,927,148
(79-486)
$1,543,711
$5,820,619
$5,440,381
511,610
458,874
$5,162,288
$5,128,378
520,777
111,440,488
$6,470,859
$5,026,922
529,851
805,282
.def.$590,246 def.$l,933,355
sur.$108,804
Interest paid on bonds.
Rentals.........................
Sundry accounts...........
ITIncludes back interest on “ advances by directors.”
For the Missouri Pacific proper and branches, not including Iron
Mountain and other auxiliaries, the report was as follows:
Year ending Dec. 31—
1895.
1894.
1893.
Miles operated December 31
3,163
3,229
3,214
. $2,235,245 $2,055,634 $2,393,776
. 7,571.640
7,391,310
8,190,509
Mail, express and miscellaneous .. 1,647,001
1,622,707
1,720,588
$11,453,886 $11,069,652 $12,304,873
. $2,099,393 $1,959,081 $2,275,456
967,328
677,929
1,387,104
. $3,066,721
. $2,955,158
. 11932,423
$2,637,010
$2,778,092
1,648,035
$3,662,560
$2,780,848
792,841
Balance for year...................... def.$820,860 d f.$ l,789,1X7 sur.$88,871
II This item includes: Taxes, $633,690; rentals, $130,5X5; interest
and exchange, $150,699; miscellaneous, $11,519.—(V. 60, p. 391 478
795, 1059; V. 01, i>. 152, 830; V. 62, p. 278, 4 97 , 548.
’
M is s o u r i P a c ific S v s t e m -S t . L o u is I r o n M o u n t a in &
S o u t h e r n .—Owns St. Louis to Texarkana, Texas Line, 490 milesBranches to Belmont, Mo., Bird's Point, Mo. (Cairo), Camden, Ark.
Helena, Ark., Cushman, Ark., Arkansas City, Ark., Warren, Ark. Mem
phis. Tenn., Ac., 74/ miles; Houston Central Arkansas A Northern RailW»J’; MoGehee, Ark. to Alexandria, La,, 190 miles; total owned Janu
ary 1, 1896,1,427 miles. Leases Little Bock A Fort Smith and Little
Rock Junction railroads, 176 miles; Kansas A Arkansas Valley R R
170 milos. Total operated December 31, 1895, 1,77 3 miles.
STOCK-Stock $25,788,925, o f which $25,716,105 Jan. 1,1895, was
owned by Missouri Pacific—mostly acquired in 1881.
B o n d s .— The general consolidated mortgage is for $45,000,000, bonds
being reserved to retire all prior issues, these covering only 485 miles.
The mort. is a first lien on tile 947 miles in Arkansas and Louisiana and
on all unsold lands, amounting to 660,813 acres on Jan. 1 1896 Trus
tee of mortgage, Mercantile Trust Co. of N ew York. As Indicated in
the table above, part o f the general mortgage 5s (Nos. 11,001 to 18 000
inclusive) are endorsed with the Missouri Pacific's guaranty o f princi
pal and interest; form of guaranty was m V. 56, p. 650. Due Mo Pac
current accounts, Dec. 31, 1895, $584 324
'
’
Gold fu n d in g notes for $4,744,000 were authorized on the St Louis A
Iron Mountain in June. 1895, to provide for the floating debt and “ ad
vances.
Of these notes $1,495,000 are guaranteed by the Missouri
Pacilic, which see above. N. Y . Stock Exchange A p r il,1896, reported
M.
F.
M.
J.
M.
A
A
A
A
A
S. N. Y., Mercantile Tr. Co. Jan. 1, 19 17
A.
do
do
Aug. 1, 1920
do
do
S.
Mar. 1, 1905
.1.
do
do
July 1, 1920
8.
do
do
Mch. 1, 1926
F. A A. N.Y. Mercantile Tr. Co.
M. A N. N ew Y ork or London.
J. A D. N. Y,, Mercantile Tr. Co.
do
do
J. A D.
A. A O.
do
do
A. A O.
do
do
M. A S.
do
do
QuarTy.
do
do
March.
do
do
do
do
J. A J.
do
do
do
do
J. A J.
A. A O.
do
do
•T.
J.
J.
J.
A
A
A
A
May 1, 1897
May 1, 1897
June 1, 1935
June 1, 1897
Apr. 1, 1931
Apr. 1, 1931
Mar. 1, 1905
1896-1902
May 1, 1897
Apr. 19, 1898
Jan. 1, 1937
Jan. 1, 1905
Apr. 1, 1916
J. N. Y. City, Agency.
July 1, 1945
J.
do
do
July 1, 1945
D. Dec, ’92, paid Feb., ’ 95. June 1. 189?
D.
194Q
J. A D. N. Y., Farm. L. A Tr. Co.
Q.—Jan.
do
do
M. A 8. N. Y., Gallatin Nat. Bk.
Various. N. Y., Farm. L. A Tr. Co.
M. A S. N. Y., Knickerb. Tr. Co.
Aug. 29 IN. Y. Of., when earned.
F. A A. N. Y . Central Trust Co.
J. A D . Balt. Annap. Bkg. A Tr.
Dee. 1, 1927
July 1, 1927
Sept. 1, 1938
Var., ’96-1904
Sept. 1, 1991
Sept. 1, 1992
Feb. 1, 1919
Dec. 1, 1945
$25,290,000 general console listed. Arkansas Branch first 7s for
$2,500,000 due June 1,1895, were refunded at 5 per cent till June 1 ,
1935, redeemable on 90 day’s notice at 105 per cent. V. 60, p. 712.
L ands .—The sales of land In Arkansas for 1894 were 38,907 acres at
*2-99 per acre, the total sales, including town lots, being $116,396; In
Missouri sales 1,712 acres for $3-30 per acre, the total sales, including
town lots, being $5,655; from Little Rock A F ort 8. grant sales 12,952
acres for $3-25 per acre. Lands In Arkansas unsold Dec. 31,1895, 634,115 acres; In Missouri, 26,698 acres; o f L. R. A F. 8., 527,123 acres.
A n n u a l R e p o r t .—Report for 1895 in V. 62, p. 498, showed:
Tear ending Dec. 31—
1895.
1894.
189/f
Miles operated Dec. 31...........
1,773
1,773
1,773
Gross earnings.............. $11,218,117
$10,730,994 $11,713,465
N et earnings................. $3,551,470
$3,358,089 $3,485,714
Other receipts................
114,553
63,510
156,606
Total net Income...... $3,666,023
Interest on bonds.......... $2,485,223
Taxes, bridge exp., rent’ls, Ac.
950,187
Dividends.................................
...........
B a la n c e
for
y e a r .................. sur.$230,613
$3,421,599
$2,350,286
t l , 215,552
...........
def.$144,239
$3,642,320
$2,246,074
860,691
(5) 515,623
sur. $19,932
t T i l l s I t e m i n c l u d e s : T a x e s , $ 2 7 8 , 4 3 6 ; r e n t a l s , $ 3 8 1 , 0 9 5 ; c a r trust
e x p e n s e s a n d m is c e lla n e o u s , $ 2 9 0 ,6 5 6 .
— (V . 5 8 , p . 4 7 3 ; V . 6 0 , p . 4 7 9 , 7 1 2 , 7 9 5 , 1 0 5 9 ; V . 6 1 , p . 1 5 2 ; V . 6 2 , p.
4 9 8 ,5 4 8 .)
M o b ile Sc B i r m i n g h a m R R . — M o b i l e t o M a r i o n J u n c t i o n , A l a . ,
1 4 9 m ile s ; t r a c k a g e t o S e lm a , 1 4 m i l e s ; o p e n e d i n J u l y , 1 8 8 8 .
H is t o r y , E tc .— S u c c e s s o r o f t h e M o b i l e A B i r m i n g h a m Railway.
R e o r g a n i z e d a f t e r f o r e c l o s u r e A p r i l 2 7 , 1 8 9 5 , p e r p l a n i n V . 60, p . 657.
B onds .— T h e n e w p r i o r l i e n b o n d s m a y b e i n c r e a s e d a t $ 1 8 ,0 0 0 p e r
m i l e i f t h e 6 7 m i l e e x t e n s i o n t o t h e C a b a b a c o a l f i e l d s is b u i l t . O f t h e
$ 1 , 0 0 0 ,0 0 0 p r i o r l i e n o n l y $ 6 0 0 ,0 0 0 w e r e t o h e i s s u e d a t once. Cen
t r a l T r u s t C o m p a n y is m o r t g a g e tr u s te e .
A n n u a l R e po r t .— T h e r e c e i v e r ’ s r e p o r t f o r t h e y e a r e n d i n g J u n e
3 0 , 1 8 9 5 , w a s i n V . 6 1 , p . 1 1 0 4 , s h o w i n g g r o s s , $ 3 0 5 ,1 4 0 ; n e t , $ 3 9 ,0 7 8 .
I n 1 8 9 3 - 9 4 , g r o s s , $ 2 8 2 ,9 9 8 ; d e f i c i t u n d e r o p e r a t i n g , $ 8 ,1 5 4 . P r e s i
d e n t, T . G . B u sh .
(V . 6 0 , p. 6 5 7 , 7 9 5 ; Y . 6 1 , p . 6 9 , 1 l u 4 . )
M o b ile & G ir a r d . —Absorbed b y Ce n t r a l o f G e o r g ia R y .—which
see. (Y. 59, p . 920; V. 60, p . 392, i o o S ; V. 61, p. 793, q 6 6 .)
M o b i l e Sc O h io It R , —! See Map.)—O w n s f r o m M o b i l e , A l a . , to Co .
lu m b u s , K y . , 4 7 2 m ile s , p r o p r i e t a r y l in e , K e n t u c k y A T e n n e s s e e R R .
t o C a ir o , 2 1 m i l e s ; a ls o b r a n c h e s t o S t a r k v l l l e , A c . , 3 4 m i l e s ; total
o w n e d , 5 2 7 m i l e s ; l e a s e s S t. L o u i s A C a ir o ( w h i c h s e e ), C a i r o to St. L . ,
1 5 2 m i l e s , a n d t r a c k t o M i l l s t a d t , 9 m i l e s ; t o t a l o p e r a t e d , 6 8 8 m ile s .
H is t o r y , E tc .— O p e n e d I n 1 8 6 1 , r e o r g a n i z e d i n 1 8 7 9 w i t h o u t f o r e
c lo s u r e . L a n d s J u n e 3 0 , 1 8 9 5 , w e r e 5 1 9 ,6 5 9 a c r e s , v a l u e d a t $ 2 5 6 , 5 7 9 .
a g a i n s t $ 5 5 7 ,9 6 5 i n 1 8 9 4 .
Sto c k .—Stock a u t h o r i z e d , $ 1 0 , 0 0 0 , 0 0 0 ; o u t s t a n d i n g , $ 5 , 3 2 0 , 6 0 0 ;
p a r , $ 1 0 0 . T h e v o t i n g p o w e r o n $ 4 , 9 5 3 ,3 0 0 o f t h e s t o c k is e x e r c i s e d b y
t h e g e n e r a l m o r t g a g e b o n d h o ld e r s b y v ir t u e o f t h e d e p o s it In t r u s t
u n d e r t h e g e n e r a l m o r t g a g e o f t h e o l d d e b e n t u r e s of 1 8 7 9 , u p o n w l i i o h
t h i s v o t i n g p o w e r w a s c o n f e r r e d . T h e S u p r e m e C o u r t o f A l a b a m a in
A p r i l , 1 8 9 3 , d e c i d e d t h a t t h e v o t i n g t r u s t i s s t i l l in f o r o e a n d v a l i d .
B onds .—U n d e r t h e general mortgage o f 1 8 8 8 ( t r u s t e e , F a r m e r s ’ L o a n
A T r u s t C o .) t h e r e c a n b e n o f o r e c l o s u r e t i l l f o u r c o u p o n s a r e in d e f a u l t .
I n M a y , 1 8 9 5 , t h e e n t i r e is s u e w a s m a d e p a y a b l e i n g o l d b y v o t e o f t h e
b o a r d o f d i r e c t o r s . V . 6 0 , p . 9 6 7 . O f t h e $ 1 0 ,5 0 0 ,0 0 0 a u t h o r i z e d , t h e
a m o u n t c a n c e l e d b y s i n k i n g f u n d is $ 7 6 2 ,5 0 0 , i n r e s e r v e iu t r e a s u r y
J u n e 3 0 , 1 8 9 5 , $ 6 0 1 ,5 0 0 . I n J u n e , 1 8 9 5 , $ 1 ,2 5 0 ,0 0 0 w e r e I s s u e d tod is c h a r g e flo a t in g d e b t a n d f o r a d d itio n s a n d Im p r o v e m e n t s . S e e V .
6 1 , p . 2 3 9 , 6 6 4 . M o r t g a g e a b s tra c t, V . 4 7 , p . 83.
L atest E ar n in g s .—8 inos., t ’95-6.gross, $2,483,779; net, $1,010,278
J u l y 1 to F e b . 29.
) ’94-5.gross, 2,173,203; net,
837,573F o r s i x m o n t h s e n d i n g D e e . 3 1 , 1 8 9 5 , s u r p lu s o v e r
$ 2 6 3 ,0 4 5 , a g a i n s t $ 1 3 8 ,1 5 0 i n 1 8 9 4 .
V. 6 2 , p . 1 8 6 .
ch a rges
w as
A n n u a l R e po r t .— F i s c a l y e a r e n d s J u n e 30. R e p o r t fo r y e a r 1894-95w a s g iv e n a t le n g t h in V . 6 1 . p. 6 5 7 , 664.
Tear etul’g June 3 0 — 1 8 9 5 .
1894.
1893.
1892.
T o t a l g r o s s e a r n i n g s . $ 3 ,2 6 9 ,9 8 9 $ 3 ,2 5 3 ,6 9 2 $ 3 ,3 5 8 ,4 7 1 $ 3 , 4 4 3 , 7 6 0
N e t e a r n i n g s ................
1 ,1 1 5 ,5 0 3
1 ,2 1 6 ,9 7 2
1 ,0 9 9 ,2 8 1
1 ,0 8 6 ,2 9 8
P . c t. o p . e x . t o e a rn s .
(6 5 - 8 9 )
(6 2 - 6 0 )
(6 7 - 2 7 )
(6 9 '1 0 )
In t e r e s t a n d r e n ta ls .
1 , 0 3 4 ,3 5 4
1 ,0 3 7 ,3 2 3
1 ,0 4 4 ,3 8 1
1 ,0 4 4 ,1 3 0
Balance, surplus...
$81,149
*$179,649
*$54,900
*$42,163
•There was also expended for equipment and new construction
(additional to operating expenses), $451,980 in 1890-91, $218,070 in
1891-92, $210,902 in 1892-93; 8172,331 in 1893-94. (V. 59, p. 191,
648; V. 60, p. 177, 967, 1059; V. 61, p. 239, 65 7, 664; V. 62, p, 186.>
M o lia w -k & M a lo n e .—(See Map X. r . Central.) -Own.- from Her
kimer, N. Y., on the N, Y. Central’s main line northerly to Malone, on
the Central Vermont, with branches, 181 miles in all.
H is t o r y , L e ase , E tc .—Completed in November, 1892. Furnishes
access to heart of Adiroudaeks and forms link in a new through.
A
p r il ,
RAILROAD
1896.J
STOCKS AND
BONDS.
95
I'e&ge
Beloit
Farley
G a le n a
VJe,
torestoj
_3fa rid
Sobum
Savanna
'niton \
ioelielle
^■•VAuror;
^Mendotik q-
/joliet-iDlyiiiot
‘tttfttwj
ioltm$u5\
AtfroraJ
x. ITeaaaj
Llngtonh
Mira alii
feori;
ftintoa
Jreofon ■
frtutlcXM
aw foi
"Quincy
fcaiar
Bfiroa
ville
Tolono.
rreen (jostle’
Vir«I
r v \
rm&>mn
YanaalU ^
Colmnlf
Swlta C it y
Yeijj
Seymoujj
3Utchell
;£ n n es
yCetitmlla
.AahVy __
3dii*|yF,
1o«fold
Sol
^
Metnjihts
<
Jtttlirie
M AP O F TH E
"D kFInsoi
M O BILE & OHIO
RAILROAD
AND
Columbia
Ml. P le a s a n t j f
IT S C O N N E C T IO N S .
IASHVILLE
blcM lnn V,
Ywiirtfne
Elalit>maVN>’y
Stevenson
UTTLE ftQi
RoiwYiIrHIo V5
K.S*
Milner?
Maldon1
"He**1
Lauderdaie*/C
epsrt
W «*«
hkl«n>Utl./>
3
o& reeiivQ e
)
Summit
raiwatoii
to B lL E
IVoMJe
\ i! " y
bA&H,' /V,
INVESTORS’ SUPPLEMENT
[V O L. L X I I .
S u b sc rib e rs w i l l c o n fe r a g re a t fa 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 is c o v e r e d I n tb e s e T a b le s .
For
R A IL R O A D S .
M ile s
of
e x p l a n a t i o n o f o o lu n in h e a d in g s , A c ., s e e n o t e s
Road.
o n li r s t p a g e o f t a b le s .
Monterey d Mex. Gulf—1 s t. M . $ 2 5 ,0 0 0 p e r m ., g . c *
Montgom'y Belt L - 1 s t M . , $ 2 0 0 , 0 0 0 , l a w f u l m o n e y . 0
Montgomery d Erie Ry.— 1 s t m . (o ld 7 s e x t . in ’ 8 0 )
389
....
2 d m o r t g a g e ( o l d 7 s e x t e n d e d i n 1 8 8 7 ) ...................
Mont. Hue. d Mem.—1 s t M ., g ., $ 1 8 ,0 0 0 p .m . g o l d . c *
Morgan's La. d Texas—N . O . O p e l. A G t . W e s t . 1 s t M .
1 s t m o r t g a g e ( N e w O r le a n s t o M o r g a n C i t y ) . . .c *
1 s t m o r t g a g e , A l e x a n d r i a E x t e n s i o n , g o l d ..............
7 p . c . g u a r . D . L. & W .......
1 s t m o r t g a g e , s i n k i n g f u n d .............................................
C o n v e r t i b l e b o n d s .................................................................
G e n . M . A 1 s t o n B o o n t o n B r . A c . (g u a r . D . L . & W . )
C o n s o l. M . ( f o r $ 2 5 ,0 0 0 ,0 0 0 ) g u a r . D . L . A W .O ’ A r
80
102
157
Morris d Ease#—S t o c k ,
M o r r is A E s s e x E x t e n s i o n s t o c k , g u a r . 4 p e r c e n t .
Morristown d Cum. Gap— 1 s t M . , $ 2 5 , 0 0 0 p .m ., g ld . e *
Ml. Holly Lumb. d M td fd — 1 s t M . g u . p . & i . P a . R R .
Nashua d Lowell—Stock,9 p .c . r e n t a l , 9 2 j t s . B . A M .
84
137
2
40
15
Nashville Chattanooga d St. Louis—S t o c k ....................
1 s t m o r t g a g e ( f o r $ 6 , 8 0 0 , 0 0 0 )............... ............... c * A r
2 d m o r t g a g e , g o l d o r s i l v e r ..................................... c*<fer
1 s t M . o n F a y e t t e , a n d M o M .b r s . ($ 6 ,0 0 0 p . m . ) c * * r
1 s t m o r t g a g e o n L e b a n o n B r a n c h ............................c*
1 s t M . o n J a s p e r B r . ($ 9 0 ,0 0 0 a r e 8 s , d u e 1 9 0 6 )c *
1 s t m o r t g a g e o n C e n t i* e v ille B r a n c h , g o l d ____c*«fer
1 s t M . o n T r a c y C i t y B r . ( T e n n . C. A I . R R . ) . c ’ <tr
1 s t M . o n B o n A i r B r . . r e d . a t p a r a f t . J u l y ’ 9 7 , . . . c*
C o n s o l. M . ($ 2 0 ,0 0 0 ,0 0 0 ), $ 2 0 ,0 0 0 p . m ., g o l d . . . 0 *
W . A A t l . in c s . ($ 6 5 0 ,0 0 0 ), $ 2 6 , 0 0 0 d u e y ’ r l y , g . c .
Nashville d Decatur— S t o c k , g u a r . 6 p . c. b y L . A N .
1 s t m o r t . , g u a r ., s. f . ($ 2 0 0 ,0 0 0 h e ld i n s in k . f d . ) .
Nash. Flor. d Sheff— 1 s t M . ($ 2 ,5 0 0 ,0 0 0 ), g o l d , g u . o
340
321
125
29
43
46
20
7
740
119
119
91
S iz e , o r
D a te
Par
of
B o n d s V a lu e .
$ 1 ,0 0 0
1888
1 ,0 0 0
1890
1866
1867
1 ,0 0 0
1889
678
1859
1 ,0 0 0
1878
1880
1 ,0 0 0
____
50
1864 500 A c.
1 ,0 0 0
V a r ’us
1 ,0 0 0
1871
1875
1 .0 0 0
V a r ’us
100
1 ,0 0 0
1891
..........
100
1880
100
1 ,0 0 0
1873
1 ,0 0 0
1881
1877
1 ,0 0 0
1 ,0 0 0
1877
’ 7 7 -’ 83
1 ,0 0 0
1883
1 ,0 0 0
1 ,0 0 0
1887
1887
1 ,0 0 0
1 ,0 0 0
1888
1895
1 ,0 0 0
25
1870
1 ,0 0 0
1 ,0 0 0
1887
IN T E R E S T O R D IV ID E N D S .
Am ount
R a te p e r W h en
W h e r e P a y a b l e , and b y
O u t s t a n d in g
P a y a b le
C e n t.
W hom .
$ 9 ,7 2 7 ,0 0 0
5 g. M .
J.
2 0 0 ,0 0 0
6
M.
1 3 0 ,0 0 0
5
4 0 ,5 0 0
5
A.
8 6 4 ,0 0 0
6 g. J.
2 4 9 ,0 0 2
5
A.
5 ,0 0 0 ,0 0 0
7
A.
1 ,4 9 4 ,0 0 0
6 g. J .
1 5 ,0 0 0 ,0 0 0 7 p e r a n . J .
M.
5 ,0 0 0 ,0 0 0
7
2 8 1 ,0 0 0
J.
7
A.
4 ,9 9 1 ,0 0 0
7
1 1 ,6 7 7 ,0 0 0
7
J.
2 ,7 9 5 ,0 0 0
4Lj A 5
2 2 1 ,0 0 0 4 p e r a n . M .
1 ,0 0 0 ,0 0 0
6 g. J .
7 5 ,0 0 0
7
A.
8 0 0 ,0 0 0 9 p e r an . M .
1 0 0 ,0 0 0
J.
1 0 ,0 0 0 ,0 0 0
T e x t.
Q
6 ,3 0 0 ,0 0 0
7
J.
1 ,0 0 0 ,0 0 0
6
J.
7 5 0 ,0 0 0
J.
6
3 0 0 ,0 0 0
6
J.
4 6 1 ,0 0 0
6 g . A 8 J.
3 7 6 ,0 0 0
6 g. J.
3 0 0 ,0 0 0
6
J.
1 1 4 ,0 0 0
6
J.
5 .1 0 0 ,0 0 0
5 g. A .
S ee te x t.
5 g- J .
2 .3 0 3 ,5 8 2 6 p e r a n . J .
2 ,1 0 0 ,0 0 0
7
J.
2 ,0 9 6 ,0 0 0
5 g. F .
A
A
A
A
A
A
A
A
A
A
A
A
A
A
N.
J.
N.
0.
J.
O.
0.
J.
J.
N.
J.
O.
D.
N.
J.
0.
A N.
A J.
.-F .
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A O.
A J.
A D.
A J.
A A.
A
A
Bonds—Princi
pal,^When Dne.
Stocks—Last
Dividend.
N o v . , ’ 9 1 ,c o n p . l a s t p a id .
N . V ., M e t r o p o l ’ n T r . C o .
G o s h e n , N . Y’ .
do
do
J u ly ,’ 9 1 ,e o u p .la s t p a s t.
N .Y .,8 .P a c .C o .,2 3 B r o a d
do
do
do
do
N.Y., D e l . L a c k . A W e s t .
do
do
do
do
do
do
do
do
N o v . 1, 1938
Jan. 1, 1910
M a y 1, 19 2 0
O o t. 1, 1 9 2 7
J u ly 1, 1929
A p r . 1, 1899
A p r . 1, 1 9 1 8
J u ly 1. 19 2 0
J a n ., 18 9 6
M a y 1, 19 1 4
J a n . 1, 1 9 0 0
O c t. 1, 1901
J u n e 1, 19 1 5
V a r io u s .
do
do
N o v ., 1895
N o n e p a id .
J a n . 1, 1921
P h i l a . , P a . R R . C o.
A p r . 1, 18 9 9
N a s h u a , I n d i a n H d . B k . M a y 1. 1896J u ly 1, 1 9 0 0
N . Y . a n d N a s h v ille .
M a y 1, 1 8 9 6
N . Y . . C o n tin e n ta l N . B k . J u ly 1, 1913
do
do
J a n . 1, 1 9 0 1
do
do
J a n . 1, 1 9 1 7
do
do
O c t. 1, 19 1 7
do
do
J a n . , 1 9 0 6 A ’ 23
do
do
J a n . 1, 1 9 2 3
do
do
J a n .1 8 9 7 t o ’ 1 7
do
do
J u l y 1 ,1 1 9 1 7
do
do
A p r . 1. 1 9 2 8
do
do
J a n . 1 , ’ 9 7 -’ 2<>
N a s h v ille .
D e c ., 1 8 9 5
N . Y ., 120 B ro a d w a y .
J u l y 1, 1 9 0 0
N . Y . a n d L o u is v ille .
Aug. 1, 1937"
lin e from New Y ork City to Montreal. In 1893, N. Y. Central leased cent on the stock; but In no case more than 8 per cent. See form of
tlie road and guaranteed Its first mortgage bonds. The surplus in any |guaranty, V. 56, p. 812.
year after payment of the first mortgage interest for that year to pay
E a r n i n g s .—The road is important to the Delaware Lackawanna A
not exceeding 5 per oent interest on tlie incomes. N. Y. Central o wns Western as a route with terminal facilities on New York Harbor, but
the $4,500,000 stock, and has the option o f retiring the Incomes at any the actual earnings on the road show a large annual deficit for the
time, and issuing in lieu thereof 2d mortgage guaranteed gold 4 per
company after the payment of rental. The loss to lessee was
cents, due Sept. 1, 1991. See official statement V. 56, p. 501. As to lessee
in 1891 over $900,000; in 1892 about $1,500,000; in 1893, $1,525,959;
bonds, see V. 56, p. 782. (V. 57. p. 22; V. 61, p. 926.
in 1894, $1,960,852. In 1894 gross earnings o f road proper (119
M o n o n g n lie lu R i v e r R K . —Road from Fairmont to Clarksburg’ miles) were $5,370,785; net, $752,328. In 1893 gross, $5,791,267 ;
W. Yu.. :il miles. Road opened in 1890. Capital stock is $1,300,0001 net, $1,164,471. In 1892 gross, $5,772,665; net, $1,149,429.
par, $100; outstanding, $1,274,400. The firsts (Central Trust Co.,
a s h u a Ac L o w e l l . —Owns from Lowell, Mass., to Nashua, N. H.
N. Y., trustee,) are guaranteed principal and interest by the B. & O. 15Nmiles.
October 1, 1880, a lease for 99 years to the Boston &
Consols (mortgage, trustee, American Banking & Trust Co., o f B alti Lowell wasOn
made. In 1887 lease was transferred to Boston A Main®
more) were authorized to pay for the construction o f branch roads not
Railroad
Company,
which pays a rental o f $73,000 (9 per cent on stock).
more than 50 miles in length; also, if desired, a branch to develop the
coal territory of the upper Monongahela R iver regiou, W. Va,, where
N a s h v ille C h a t t a n o o g a Ac St. L o u is .—("See Map.)—Owns from
the company has acquired the property of the Monongahela Coal & Chattanooga, Term., to Hickman, Ky., 320 m iles; branches to Lebanon,
Coke Co., comprising 14,000 acres o f coal lands. 'Sinking fund Ac., 427 miles; leases Western & Atlantic, Chattanooga, Tenn.. to
becomes operative in 1898, b iDg 1 cent per ton on all coal m ined; Atlanta, Ga., 137 miles; owns all capital stock of Rom eRR., Rome, Ga.,
bonds may be called at par for sinking fund.
to Kingston, Ga., 18 m iles; total operated, 902 miles. On Jan. 1,
1896, leased Paducah Tennessee & Ala., 119 miles, and Tennessee
K a r n i n q b .— In year ending Dee. 31, 1894, gross, $229,986: net,
136 miles, acquired in interest o f Louisville & Nashville.—
$143,961; interest and taxes, $38,042 ; balance, surplus, $105,919. In Midland,
See
V. 61, p. 1155.
1893 gtoss, $180,053 ; net, $98,965.—V. 62, p. 414.
O r g a n i z a t i o n .—A m ajority o f the stock ($5,500,500) is owned by th e
M o n te re y Ac M e x ic a n G u lf .—Owns road completed in August, Louisville A Nashville, and pledged under its unified mortgage, eto , so
1891, from Venadito (on the Mexican International Railroad) via that the two systems are operated in close harmony. The Western A
Monterey to Tampico, on the Gulf, about 390 miles. See V. 62, p. 85. Atlantio is leased from the State of Georgia for 29 years from Dec. 27,
H i s t o r y .— On Oot. 10, 1895, the receiver (appointed in 1892) was 1890, at $420,012 per annum.
discharged and property turned over to the bondholders’ committee— D i v i d e n d s > 1888 1889 1890 1891 1892 1893 1894 1895 1896
The Societe Anonymo Beige de Chemin-de Fer au Mexique—which holds since 1887. ( 44t
5
5
5
5
3%
3^
4 below
51 per cent of the M. A M. G. stock. Nearly all the M. & M. G. bonds
In 1896, Feb., 1 p. c.; May, 1 p. e.
and past-due coupons have been exchanged at par for the $ 1,000 shares
B
onds
.—The
Tracy
City
branch
6s
fa
ll
due
$20,000
yearly
on Jan. 1 ,
o f tins company. Augustus Frasez. President, Brussels, Belg.; Coudert
Bros., 100 Broadway, N. Y., attorneys. M exico gave this road a sub to 1916 inclusive, and $100,000 on Jan. 1,1917.
The
consolidated
mortgage
o
f
1888
(United
States
Trust
Co.,
trustee),
sidy of $14,222 per mile in 6 p. c. silver bonds. Stock, $100,000.
provides that all prior bonds shall he paid off at maturity; sufficient of
Foreclosure o f first mortgage is in progress.
the $20,000 per mile are reserved fo r them.
E a r n i n g s .— January 1 to D e e . 31,1895 (12 months), gross, $1,211
Western A Atlantic income mortgage os for $650,000, (Central Trust
444, against gross, $1,099,378 in 1894. In year ending Dec. 31, 189
Co., N. Y., trustee), were Issued in 1895 to reimburse the N. C. A St. L.
net, $328,290. Iu 1893 gross, $999,162; net, $180,931. (V. 56,
for renewals and improvements made on that road. The incomes are
463, 835; V. 57, p. 638; V. 60, p. 562; V. 61, p. 662; V. 62, p. 85.)
secured by mortgage on all W. & A . property in possession o f N. C. A
M o n t g o m e r y R e lt L i n e R y . —Owns a belt line over certain St. L.. and also cover the $500,000 State of Georgia bonds deposited as
streets m Montgomery, Ala., about one mile o f track on Tallapoosa, security for the lease. Each Jan. 1 26 bonds fa ll due. Duck R iv e r
Bell, P erry and Columbus streets. Alabama Midland Ry. pays an 2(ls (now firsts) $22,000 gold 6s, due Nov. 1, 1909, interest M. A M.,
annual rental o f $15,525. The Plant Investment Co. owns 90 per cent ere outstanding. See V. 61, p. 519. On July 1,1895, all the incomes
were in the treasury.
of the stock. Capital stock is $200,000; par, $100.
G e n e r a l F i n a n c e s .— Bills payable incurred in purchase of Rom®
M o n t g o m e r y Ac li u i a u l a . —Absorbed b y C e n t r a l o f G e o r g i a R R , etc., were $1,029,250 July 1, 1895, against $768,718 in 1894.
E t .—which see.
E a r n i n g s .— 9 m onths,) 1895-6... .gross, $3,923,609 ; net, $1,529,332
M o n t g o m e r y Ac E r i e R y .—(See Map Erie Mailroad.)—Owns road
July 1 to Mar. 31. (1894-5___gross, 3,490,677; net, x,448,979from Montgomery to Goshen, N. Y., 10 miles. Road opened 1867.
Surplus over charges, $404,301 in 1896; $309,858 in 1895.
t0 N ’ Y E- *
(n o w E r i e R R —which see.) Rental
A n n u a l R e p o r t .— Fiscal year ends June 30. The report for 1894-95
is $16,000 per annum. Stock, $150,000. Dividends (Ha per cent per
annum) are paid May 10 and Nov. 10. Sinking fund $6,500 per annum. was given at length in Y. 61, p. 495, 511, 518.
Year ends June 30.
1895.
1894.
1893.
1892.
M o n t g o m e r y T u s c a lo o s a Ac M e m p h is .—Projected Montgom- Mileage end o f year........
902
884
810
810
t ° Columbus,
with branches, 198 miles. In March, Gross earnings.................................... $4,608,502 $4,521,662 $5,131,779$5,35
took n!lont 105 miles had been graded, but no track laid. March 19
N et earnings....................................... 1,882,142 1,850,482 1,992,3742,029
18J o , placed in the hands o f Geo. B. Sheelman, as receiver, in foreolo- Investments, etc.................................
18,424
33,443
170,06131,88
S
8"
Metropoittan Trust Company. Sold in foreclosure Feb. 3,
1896, to Col. H. C. Tompkins for $300,000.—V. 62, p. 590.
N et income..................... 1,900,566 $1,883,925 $2,162,435 $2,060,893
b o n d h o l d e r s ’ COMMITTEE.— M ayer Lehman, E. Burns, W. C. L a n e ,
Interest on debt and taxes 1,077,425
1,022,571 1,012,331 950,515
L. B. 1 arley, J. W. Woolfolk. (V.
1v 60,
no p.
’ - 562,
-e o n
o . V.
-ir 61,
.■. p! .....
..
Rental W. A A. R R .........
420,012
420.012
420,012 420,012
968;
830;’..V." 62,’
p. 186, 278, 590,)
Improvements................
21.859
25,537
51,355 118.111
Dividends...................... (4)400,000 (2ia)250,000 (5)500,000 (5)500,000
M o r g a n ’ s L o u is ia n a A: T e x a s H R . A S te a m s h ip C om p a n
" l Southern P a cific.)—R o a d —Owns New Orleans to Chene
Balance.........................def.$18,730 sr.$165,805 sr.$178,738 sr.$72,253
ville, 204 miles; branches, 55 m iles; trackage to Alexandria, 24 mill
- ( V . 59, p. 836; V. 60, p. 302; V. 61, p. 472, 495, 511, 5 1 8 ,1 1 0 7 )
N'. I ] 1” Southern Pacific Company, on Jan. 1,1894 he
V. 62, p.414.)
$14,995,000 o f the $15,000,000 stock and operated road under lea:
The lessee pays all charges and also 23 per cent of the net profits und
N a s l i v l l l e Ac D e c a t u r .—(See Map Louisville c£ Nashville.)—Owns
the omnibus lease.” Company has 12 iron steamships and 9 fer
from Nashville, Tenn., to Decatur, Ala., 119miles. Leased to Louisville
andrfver steamers and tugs plying between New York and New C
A Nashville for 30 years from July 1,1872, at a rental of 6 p. c. per ann.
between Gulf ports; also wharves, warehouses ana on Tn
on stock. The lessee assumed all the debt and owns $915,800 of its stock.
1,1894, owned $740,500 bonds and $781,248 stock of other compabh
On June 30,1894, sinking fund held bonds o f face value, $581,500 of
which $200,000 were N. & D. firsts. See V. 59, p. 604.
E arnings.—11 months, >1895...... gross, $5,373,365; net. $1,325 2
Jan. 1 to Nov. 30.
(1894....... gross, 5,353,281; net, 1,204 8
E a r n in g s .—E arnings are now included In L. A N. reports. In 1892’93.
gross $1,468,199; net, $$450,664; interest, $147,000; balanoe
J i - f r 1894 gross, $6,036 971; net, $1,490,781, against $1,28
for dividends, eto., $303,664. In 1891-92 gross, $1,443,431.
436 In 1893; surplus over oharges, $469,601; net profits due coi
pany under lease to Southern Pacific, $275,123.
v
uue coi
N a s h v ille F lo r e n c e A, S h e ffie ld ,—(See Map Louisville & Nash
ville.)—Owns from Columbia, Tenn., to Sheffield, Ala., 82 miles, with
Map °J, Deiav>are Lackawanna <f Western ,
branch
Iron City, Tenn., to Pinckney, Tenn., 12 miles; oper
Owns from Hoboken, N. J „ to Phillipsburg, N. J „ 85 miles bram
ates Napier hranoh, 11 m iles;’ total, 105 miles. Operated by Louisville
N. J., via Morris A Essex Tunnel.to Hoboken, N. J.,’35 mile
A Nashville, which company guarantees the prineipal and interest of
leases 16 miles; total operated, 136 miles.
'
the bonds by endorsement, and owns $729,400 o f the $872,385 stock,
PerP5tulty to Delaware Lackawana A West., whi
ar $100. Stock authorized, $2,000,000. Due L. A N. on open account
assumed all liabilities and pays 7 p. c. per annum on the capital stoc
une 30, 1894, $513,818. Iu 1892-93 gross earnings were $140,681;
They also agree to pay 8 per cent in case 30 per cent o f the gross ear
net,
$16,625; taxes, $6,741; interest., etc., $132,856; deficit, $122,972.
ings in any one year shall he sufficient to pay all charges and 10 p
In 1892-93 gross, $199,922; net, $28,447. (V. 53, p. 793.)
S
SmlUibtirt
gt.ChtU'Iot
3*
<&2B -S -
E f c iie l
JEFFERSON
CITY
MAP OP THE
OHIO
/
Mi»y«svm,
ITfilOti
A«bl«7 th'ivurtti
O utoii Jc .
OE»jrvUli
T u m a ro u
Potoal
Du Quoin
tf’Cfirtnl/1
Me Lean* Urn
_
Korri^ipityJ
N A S H V IL L r
roanuind oy.
CHATTANOO G A
@ St . Ia-uis Railway
ANSV t
BIverduJcs
r>W^,,.j
A N u C O N N E C T IO N S .
G nuut Tu i
jVSile’WSBrtBg®:
O. F T . g ,
•
Ctl
Q
X “
\
“
\
iyvinjBKi
LutesvlUiHk^r
AEisisvllW^
Nortcm
.< W lllliirn a Y
UarbotirvflUa.
u ^ w
Gnuidliio
KaitUvUie
CWucbpei
niaUft
&
DoniphanN e e lys vin t
O
cq
iDtfijMMi
LDur&in.
\Umtm
iDinly'
0R1STO !
liogeinvUie
Jtoifbln#■
a
fi.f-brinuf#’
OQ
M
O
O
H
co
yetm>no imp
j3ft£irvak>
Cnslimstffe
KNOX/"
Hulls,
CHATTANpOi
.HlitosvUl
n o x v i u .1:
^lUplOY
NettleW
C>\
f
Soareyi
rua*wkk^ggj
\Vyuiu;
gammai
p fm
Kt t l e
1FTAN01
teaS3h
fchirotulon
[f.* LYON
[lliuimmw
f * K » g l « N est
Clarkudalo
\Vaivr
g
PontotM
t
Le.slligtt
Demote
fKUia.betU
LaJaM
GriMiiwtMJd
Winona
am m in o h >v
88
INVESTORS’ SUPPLEMENT.
[V ol. LXII.
S u b s c r i b 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 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 .
Bond8—Prrnci
IN TE R E S T OR DIVIDENDS.
RAILR O AD S.
pal,When Due
Miles Date Size, or
Amount
When
Rate
per
Where
Payable,
and
by
Par
of
Stocks—Last
of
For explanation o f column headings, Ac., see notes
Outstanding
Whom.
Cent. Payable
Dividend.
Road. Bonds Value.
on first page of tables.
Nashville & Knoxville.— 1 s t in o r t . f o r $ 2 , 0 0 0 , 0 0 0 . . c *
National Docks Hallway—S t o c k .......................................
Ncsouchoning Val.— S t o c k , 5 p .c . g u . t i l l 1 9 0 4 ............
Nevada— C a lif .—Oregon.— 1 s t M . $ 2 ,2 0 0 ,0 0 0 , g o l d .
Nevada Central— 1 s t M . g ., I n c o m e ( s i n k i n g f u n d ) . .
Newark Somerset <i Straitsv.— l s t M . , e x t . l n ’ 8 9 , g . o *
Newburg Dutchess t£ Connecticut— C o l. t r u s t b o n d s .
I n c o m e m o r t g a g e f o r $ 1 , 6 2 5 , 0 0 0 ..............................r
New Castle i£ lleaver Valley Stuck.........................
New Castle <f Shenango Talley—1st M ., in t . g u a r . . .
New England Jill. — C o m m o n s t o c k ..................................
P r e f e r r e d s to c k , 5 p .c ., n o n -cu m . ($ 5 ,0 0 0 ,0 0 0 )...
N . Y . A N . 15.1st M . ($ 6 ,0 0 0 ,0 0 0 a r e 7 s ) e u r r e n e y . o '
C o n s o l i d a t e d m o r t g a g e ( F o r o l d s e c o n d s ................
$ 1 7 , 5 0 0 ,0 0 0 g o l d ____) A v a i l a b l e f o r i m p . , A c . .
B o s t o n T e r m in a l 1 st m o r t g a g e f o r $ 1 ,5 0 0 ,0 0 0 .c ’
D u e o n p u r c h a s e P i p e r ’ s W h a r f .....................................
M o r t g a g e n o t e s o n la n d a t S p r i n g f i e l d A H a r t f o r d
W o o d s . A P a s c o . 1 s t M .,in t .g u . b y C i t y o f W o o n . o
Nexo Jersey Junction — 1 s t. M ., g u a r , b y N . Y . C e n t . o & r
New London Northern — S t o c k .............................................
C o n s o lid a t e d M „ n o w 1 s t M . ($ 6 8 8 ,0 0 0 a r e 4 s ) .o *
New Orleans <e North Eastern—P r i o r l i e n m ., g o l d . o *
1 s t m o r t g a g e , g o l d ...............................................................
N. Orl'ns <t Northwest’n — 1 s t M ..$ 2 0 ,0 0 0 p .m .,g .,c * & r
New Orl. <C S o .— M is s . T e r m ’ l B . & L . , 1 s t m o r t . . . c '
P r i o r l ie n m o r t g a g e , s c r ip , g o l d , r e d . a t 1 0 5 ____c
1 s t m o r t . f o r $ 1 ,0 0 0 ,0 0 0 , i n c o m e , t o S e p t . 1, 1 8 9 7 :
New Orleans <£ TFesL— 1 s t T e r . M ., $ 2 ,0 0 0 ,0 0 0 , g . . c *
73
1888
94
44
15
17
321
361
361
10
5
121
121
196
196
77
66
66
$1,000
06
18
1888 5)1,000
1869 500 &c.
59
1891
1877
50
1,000
1887
100
100
1,000
1876
1,000
1895
1895
lio o o
1889
1890
1886
1880
1885
1881
1890
1883
1891
1892
1895
i.oo o
1,000
100
1,000
1,000
1,000
1,000
1,000
100
1,000
$1,179,000
M. & N. N. Y., Mercantile Tr.Co
6
2,607,400
i;4 i8 ;o o o 5 per an. M. A 8. Fhila., 226 So. Third St.
790,000
N. Y., Moran Bros.
6 g- J. A .T.
No coupons paid.
750,000
5 g. J. & J.
800,000
5 g. M. <fe N. N. Y., Union Trust Co.
226,000
5
M. & N. S. Y., Central Trust Co.
1,164,500
6
700;000 See text. Q.—j .
Newcastle, Pa.
250,000
8 g. J. A J. N. Y., Farm. L. & Tr. Co.
20,000,000
4,770,000
10,000,000
6 A 7 J. & J. Boston, S. Dep.A Tr.Ce.
3,375,000
5 £.
4,125'000
1,500,000
4 S’ A. & O. Boston, 180 Sumner St.
200,000
6
M’tlily.
36,800
5 &6
100,000
A. A O.
5
F. <fe A. N. Y. Cent. A Hud. Riv.
1,700,000
4
New London, Office.
1,500,000 9 per an . Q .-J.
1,500,000
4 <fe 5 J. & J. N. Y., Bk. o f No. Arner.
1,320,000
6 g. A. & O. N. Y., Central Trust Co.
J. & J N.Y., Muller, SchaUACo,
5,009,000
6
See text.
In default.
5 g. J. <fe J.
26,000
7
A. A O.
A.
&
0.
250,000
Apr.,
’
95,
coup, last pd.
5 g.
921,000
None paid.
6
M. A S.
N.
Y.,
State
Tr. A N. 01
1,500,000
5 g- J. A J.
1918
Nov., 1896
20 years.
July 2, 1938
Nov. 1, 1929
1921
Jan. 13, 1896
July 1, 1917
Jan. 1, 1905
1945
Apr. 1, 1939
Oct. 1, 1910
Feb. 1, 1986
Jan., 1896
July 1, 1910
Nov. 1, 1915
Jan., 1911
Jan. 1, 1940
1903
Oct. 1, 1931
Sept. 1, 1932
July 1, 1946
N e w J e r s e y J u n c t i o n . —Terminal road through Jersey C i t y
N a t io n a l D o c k * B y . —Road extends from United N. J. RR. at
P oln tof Rocks to Constables Hook, N. J „ 5-99 miles; Comraunipaw br., Hoboken and Weehawken, connecting the trunk lines terminating at
0'38 miles; K ill von K u ll branch, 0'5 4 miles; total, including second Chose points; length about 5 miles. Leased for 100 years from June
track and sidings, June 30, 1894, 16 27 miles. Road opened Deo. 1, 30,1886, to the New York Central which guarantees the bonds abso
1883. Stook June 30,1894, $2,607,400; unfunded debt, $10,257.
lutely and owns $100,000 stock. The mortgage is for $4,000,000.
N e w J e r s e y * N e w Y o r k . —Owns from Erie Junction, N. J., to
E arning s .—For year ending June 30,1895, gross from freight tolls,
$184,272; not. $lo6,359; other income, $576; charges. $15,380; d iv i Garnerville. N. Y., 29 miles: branches to New City, etc., 5 miles; oper
dends, $130,370; balance, surplus, $11,185. Office, 45 Broadway. N.Y. ates to Haverstraw, etc., 14 miles; total operated, 48 miles. Reorgan
ized after foreclosure in April, 1880. The road was purchased by the
N c s q u c U o n lu g V a l l e y . —Owns from Nesquehoning Junction, Pa., Erie RR. in April, 1896. V. 62, p. 683. Stock outstanding, $1,440,800;
toTamenend, Pa., 17 miles; Tunnel Branch, to Lansford, Pa., 1 mile. common; $788,000 preferred; par, $100. Balance sheet of June 30,
Leased for 999 years to the Lehigh Coal & Navigation Company. In 1895, in V. 61, p. 279. Control is with preferred stock and first mort
1884 the option to purohase the stook at par and interest was suspended gage till 6 per cent has been paid on preferred for three years.—V. 60,
for 20 years, with a guarantee of 5 per oent per annum on stock.
p. 259, 836; V. 61, p. 2 7 9 , 871; V. 62, p. 320, 589, 683.)
N e w a r k S o m e r s e t & S t r a i t s v l l l e —Owns from Newark, O., to
N e w L o n d o n N o r t l i e r n . —Owns from N ew London, Conn., to
Shawnee, O., 44 miles; branch 3 miles. Leased to B. A O . till Nov. 1,1929 Brattleboro, Vt., 121 miles, and leases Brattleboro & Whitehall RR.,
(with right to perpetual renewal at B. A O’s option) at 30 per cent of Brattleboro to South Londonderry, Vt., 37 miles.
gross earnings and a minimum rental o f $40,000 (interest on debt),
L eased for 99 years from Dec. 1,1891, to Central Vermont. The
Stock, common $795,600, and preferred, $230,900 (par both, $50). rental is $211,000 per annum, which leaves a small surplus after pro
$705,550 of the first and $191,850 of the latter owned by Baltimore & viding for inter., etc., and 8 percent dividends. Taxes and improve
Ohio. In l “ <U-95 gross earns., $123,572; dettcit from oper., $2,015. ments met by lessee, without claim on N ew London Northern.
In 1893-94 gross, $99,623; deficit, $12,445. In 1892-93 def., $8,830.
D iv id e n d s .—From 1888 to Jan., 1892, inclusive, atrate o f 7 per oent
N e w b u r g D u tc h e s s Sc C .—See S u p p le m e n t of October, 1895.
per annum; then 2 per cent quarterly to October, 1893, inclusive, and
N e w C a s tle Sc B e a v e r V a l l e y . —Owns from Homewood, Pa., to since to January, 1896 (inclusive), 2*4 per cent quarterly.
N ew Castle, Pa., 15 miles. Leased to Pitttsburg Fort Wayne & Chicago
E a r n in g s .—For year ending June 30, 1895, gross. $622,892; net,
Railroad for 99 years at a rental o f 40 per cent of gross earnings, and $210,440 ; other income, $49,790. Total income to lessees, $260,230 ;
lease assumed by Pennsylvania Company. N ew Castle & B. V. stock rental paid, $211,000. I 11 1893-94 gross, $647,531. (V. 60, p. 349,
was purchased iu 1895 by Pennsylvania Co. and by terms o f purchase 930; V. 61, p. 472.1
no rental has been paid slnoe Oct. 31,1895. It is said that the road
N e w O r le a n s Sc N o r t h E a s t e r n . —N ew Orleans, La., to Meridian,
w ill be merged with the Pitts. Youngstown A Ashtabula.
Miss., 196 miles, all 60 lb. steel rails. Stock is $5,000,000 (par, $100),
D iv id e n d s . >’86 ’ 87 ’88 ’ 89 ’ 90 ’ 91 ’92 >93 94 ’95
’ 96
o f which $4,320,000 and $4,900,000 1st mortgage bonds are held by
since 1885 p. o. 5 6
6
10 10
11 SO^ 6 6
6 16 below the Alabama New Orleans A Texas Pacific Junction Ry. Co., to which
In 1896. Jan. 1, paid 1>2 p. c.; Jan. 13, paid 4 p. c. In 1895 the N. C. was due July 1, 1895, $1,343,694 on coupon account and $740,768 on
& B. V. obtained a judgment for $119,000 against the Pennsylvania Co. other accounts. P rio r liens in treasury July 1,1895, $52,000. On
E a r n in g s .—Gross earnings in 1894, $182,119; net, $82,688; rental June 30,1895, engine trust notes were $24,119.
received. $72,8 48; leaving profit to lessee, $9,840. In 1893 gross,
E ar n in g s .—F rom January 1 to March 15,1896 (2Je months), gross,
$163,705; net, $61,364; loss to lessee, $4,118. (V. 58, p. 716.)
$285,000, against $265,160 in 1895.
N e w C a s tle Sc S h e n a n g o V a l l e y . —Owns from Newcastle. Pa.,
A
n n u a l R e p o r t .—Report for 1894-95 was in V. 61, p. 515.
to West Middlesex, Pa., 17 miles. Leased to Nypano RR.) till 1982 for
Tr. end. June 30. Gross.
Net.
Other ine. Interest.
Balance.
rental o f 32 p. o. o f gross earns., but interest on bonds guaranteed.
1894-95.......... $1,228,760 $240,222 $1,015 $379,200 def.$137,963
N e w E n g l a n d B i t , - R o a d .—Belongs to N ew York N ew Haven 1893-94..........
1,293,070
228,982
362
373,941
def.
144,597
A Hart. System, but is operated independently, its road em bracing:
- ( V . 58, p. 904, 1035; V. 59, p. 778 ; V. 61, p. 515.)
Lines Owned.
Miles. Other lines, a See this Co.)
N e w O r le a n s Sc N o r t h w e s t e r n . —Owns from Natchez, Miss,
Boston to Hopewell Juno, N.Y.215 *Norwich & Worcester RR.|T... 66
Wieopee to Fishkill Landing... 2 Rhode Island A Mass. R R ....... 14 to Bastrop, La,, 98 miles. Projected to Little Rock, Ark stock,
paid
in, $4,500,000; par $100. Bonds for $1,500,000 are hypothecated
Providence to Willimantic...... 58
(temporary agreement.)
Newton to Woonsocket, R. I . .. 29 Rockville R R ........................... 5 for loans. In August, 1891, receivers were appointed and $500,000
receivers’
certificates were authorized for repairs, etc. Louis K. Hyde
East Thompson to Southbridge 17 Providence & Springfield RR.ff 28
now receiver. Road was completed in 1894 from R ayville to CollinsEast H artfort, Ct., to Springf’d 27 Woonsocket & Pascoag R R ___
9 is
ton
on
the
Mo. Pac. For year ending June 30,1895, gross, $128,693;
Other lines............................... 13 Mer. Wateroury A Conn R."|.. 30
Double track....... ................... 115 Trackage.................................. 26 net, $46,707; other income, $13,929; charges, $129,493; baL, deficit,
$68,857.
For
no report filed. In year 1892-93 gross, $64,145;
Total all lines in system..................
559 net over taxes,1893-4
$17,269. (V 57, p. 4 6 7 .)
Company controls, through lease o f N. & W., the Norwich & New
N e w O r le a n s Sc S o u t h e r n .—N ew Orleans south along the Missis
Y o rk Transportation Co.’ s line of steamers, 3 25 miles.
sippi R iver to Bohemia, with a branch, 66 miles in all. Stock author
H is t o r y .—A reorganisation of the N ew Y ork A N ew England, (sold ized, $200,000; outstanding in June, 1894, $128,200; par $100. Cent
in foreclosure July 9,1895,) as per plan given in V. 58, p. 762. Prop ral Trust Co., N. Y., is trustee o f prior lien mortgage.
erty turned over to new company Sept. 1, 1895. The old common
R e c e iv e r s h ip .—In July, 1895, George S. Taylor was appointed re
stook paid an assessment o f $20 per share. Controlling interest in
the stock was acquired in 1895 by tlie New York New Haven & H art ceiver—see V. 61, p. 69. Suit for foreclosure o f prior lien mortgage was
begun
in January, 1896, b y m ortgage trustee. For directors’ plan of
ford, which also bought $5,000,000 consols.—(V. 61, p. 517) The
Woonsocket & Pascoag was purchased in April, 1896, and its bonds, reorganization, see V. 62, p. 590.
The
N.
Western operates the road for one year till Feb., 1897.
it is said, assumed. The Milford & Woonsockot, etc., 20 miles, were See V. 62,O.p.A278.
dropped from system A p ril 1,1896. V. 62, p. 502, 590.
E a r n in g s .—10 m onths,) 1895................. Gross, $70,495 ; def. $9,862
B onds .—T he consolidated mortgage of 1895 is for $17,500 000 of 5
Jan. 1 to Oct. 31.
> 1894................. Gross, 77,557; def. 4.733
p. c. bonds. Mortgage trustee is Manhattan Trust Co., N. Y. There
—(V.
60, p. 1059; V. 61, p. 69 ; V. 62, p. 186, 278, 590.)
a v $10,000,000 bonds resorved to retire the old N. Y. A N ew England
firsts, wliioh wore le ft undisturbed. See V. 61, p. 967.
N e w O r le a n s Sc A V e s te rn B R .. —Nee M ap.—Owns a belt railroad
encircling the city of New Orleans and connecting with all tlie rail
roads entering that city. Entrance to business centre is bad over the
A n n u a l R e po rt .—Fiscal year now ends June 30. Annual report of tracks of the East Louisiana Railroad. Operates N. O. Southern under
contract for one year from February, 1896.
N. Y. A N ew England for 1894 was in V. 60, p. 429.
The line extends from Avondale," some 4 miles above the city, to
Tear ending Dec. 31—
1894.
1893.
1892.
P ort Chalmette, about 1 Jq miles below it, a total length of about 18
Total gross eam m gs___
$5,475,628 $6,019,208 $6,220,494 miles. A t the latter point the company owns a large terminal property,
N et earnings......... .......
$1,563,219 $1,561,236 $1,808,347 having a frontage o f about four-fifths o f a mile on the Mississippi
Other receipts...............
4,171
5,351
5,354 R iver and containing about 2,300 acres, with 80 cotton warehouses,
oapacity o f 250,000 bales, a grain elevator having a capacity o f half
Total income............................ $1,567,390 $1,566,587 $1,813,701 a million bushels of grain, wharves and facilities for handling cotton,
Insurance, etc..............................
$29,858
$30,348
$27 709 grain and merchandise.
The capitalization is $2,000,000 of first mortgage 5 per oent 50-year
Taxes............................................
268,091
256,477
254,403
gold bonds (State Trust Co. of New York, trustee,) and $6,000,000 of
Of f ic e r s —P resident, Charles P. Clark, of N ew H aven; Vice-Presi common stock; nar, $100. $500,000 of the bonds are held for future im
dent, William T. Hart, of Boston; Secretary, James W. Perkins of provements. Tlie President is Mr. John H. O’Connor, President of the
B oston; Treasurer, G. B. Phippen, o f Boston.'
State Nat’ l Bank o f NewOrleans. Prominent local and Eastern capital
- ( V . 60, p. 302, 392, 4 29 , 481, 712, 749, 795, 836, 968,1010, 1059 ists are identified with the enterprise.—(Y. 61, p. 1107; V. 62, p. 278.)
1105,1146; V. 61, p. 27, 69, 367, 420, 472, 517, 611, 662, 871 967 V
N e w Y o r k B r o o k l y n Sc M a n h a t t a n B e a c h . - Owns from
62, p. 186, 365, 414,502, 547, 590.)
’
’
Fresh Pond Junction to Manhattan Beach (Coney island) , and branches
Through Connections
[{ '■-■L.MWl
New Orleans &
Western R. R,
^t»t>urg
New Orleans & Western R. R.
y ^ rIL * b u r y ^
I
p41
Wharves, Warehouses, Cotton Compresses, Etc.
tfi*, „
*w a l
'o S T . CO O tS
WkilHtiil
f»ij$ f
Citfibi
SPANISH FOR1
BOKDS.
rC .
. ^ n i I hr/V
£MTOR
•■.
••t.WortJ
AllAtilt
.*/ I
K I r it
A K D
<:. 7: ~ i'—//&!■•
W»LOn
SEtlTRAt
K A IL K O A D
STOCKS
<9
v*\M
KANSAS
Topok^t>
TE R M IN A L PR O PE RTY
OF TUB
M IC H .
OF THE
o
A p r i l , 1896,]
iLAIOOgH!
Si /NEW ORLEANS @
7 WESTERN R. R.
WESTWECSO!
S r~— i P u s
s o o i> ^ r
“ aoa/inc
P acific —
N H o w iN t ;
iTERMINAL PROPERTY
AND CONNECTIONS.
VANDERBILT LINES between NEW YORK and CHICAGO.
1 »0
.u)0 J*'
CL
■ W olverine
g S ^ a n d c rb llt
z n G a y lo rd
Jngleyp1
Goc
nm c
SbarbotAL.,
K
E ld o ra d o )
Conocoiil:
-K
fFrederic ^ o tts ^
ki-toscotfmoii
J>’c
~Iim ,
Qurtlin^re .
Jlastmgs-
,/M
x? G a le t o d ^ 811®1^
ui^ksiL
j
^ o w a n d a ^ g j^
J^Etiaporiiku^
Emporium \
\ BrimJood % I"
q\VIlkeMbun;e
■Shi‘\don
K e a tin g
N
MAP OF THE
G rcepsjw rg
C a rlisle ,
NEW YORK CENTRAL & HUDSON RIVER R. R.
Getty*
olunibu
N e w A lb a n >
LAKE SHORE & MICHIGAN SOUTHERN R’Y
NEW YORK, CHICAGO & ST. LOUIS R. R.
MICHIGAN CENTRAL RAILROAD.
W A S H m rrf
;(vsterj
Sortbvmi
INYESTOKS’ SUPPLEMENT,
%
^
A pr il , 1896.]
RAILROAD STOCKS AND I30KDS.
101
S u b s c r i b 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 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 lie s e T a b l e s .
RAILRO AD S.
-------------- ! Miles Date Size, or
For explanation of column headings, Ac,, see notes! of
o f I Par
on first page of tables.
I Road. Bonds: Value.
tV. T. Brookli/ti (f Xanhat Beach—Common stock..
Preferred stock, Don-cumulative.........................
X. Y . A Manhattan Beach 1st mortgage.......... o*
N. Y, B. & M. B. 1st con. M., gold, .guar, by L. Lc
Heic Yorx-J Canada— lst.M.»t«r.,guar,D.A ll.t'an.c
Hew York Central d Hudson Ricer—Stock..............
X . T . C . & £L, I 53o.000.000 l „OUIM, „ o t t e c S
U t m o r t . . . ) £2.000,000 ( coupon or reg. ( ,
Debt eertlfa (V. Y. Central), gold, ext.in *93..ei-r
Debentures, 1884, mort. priv., mm-convert. .-CAr
Debentures, 1889, conv., tnoirt. p rivilege...........r
Debentures, $15,000,000, gold, s. I. not dr’ n.cAr,
H. Y. ChicagodSt.Louis—Common stock.................
2d preferred (5 per eeat, aon-eumulative)...........
1st preferred (5 per cent nou-cumulative)..........
1st mortgage gold, sinking fund not drawn.. e**r
Equipment trusts, gold, $60,000, Sept. 1. y e a rly.
Car trusts................... ..........................................
K. X. st Greenwood L .—Prior lien M .,$l,900,000, e.
H. Y. <* Harlem—Common, 8 p. c., guar, by N. Y. C.i
Pref. stock, 8 per cent, guar, by V. Y. C en tra l..
Consolidated mortgage, coupon or registered.-e*
H. X. Lackawanna <t Ifesteni—Stock, guar, 5 p. et.
1st mortgage, goar. by Delaware Lack. * West.e'
2d mortgage, guar, by Delaware Lack. & West, o'
3d >1. Terminal Imp. (for $5,000,000), gu. p. A !.
Sew York Lake E rie <£ Western—See Ecu: Hit.
20
14
20
150
819
819
523
523
523
505
40
145
145
136
214
200
200
200
100
,
100
1 1877 500 to .
] 1885
1,000
; 1874 £1004;.)
100
; 1873
1,000
I 1873
1,000
1853 500 Ac.
1884 1,000Ac
1889 1,0004c
1890 1,0004c
j
100
100
!
100
1887
1,000
1892
1896
1892
1,000
50
50
1872 1,0004c
100
1.000
1880
1.000
1883
1890
1,000
Bonds—PrinoIN TE RE ST OR DIVIDENDS.
pal.When Due.
Amount
Stocks—Last
Rate
per
When
Where
Payable,
and
by
Outstanding Cent. Payable
Dividend.
Whom.
$350,000
X. Y „ L. I. RR. Co.
650.000 5 per an. A, 4 O.
7
J. A J. X. Y „ Corbin Bank’g Co.
500.000
& O
1,191,000
do
do
5 g4.000. 000
6 g. M. 4 X. London, Baring Bros.
100,000,000 See text, Q.—J. X. Y., Or. Cent'l Depot,
J. 4 J. X. Y., Or. Cent. Station.
30.000.
000 7
9,733,333
6 g. J. 4 J. London, Union Bank.
M . & N . X . Y., Gr. Cent. Station,
6,450,000
do
do
10.000.
000 i s- M. 4 S.
-M. 4 S.
do
do
1.000.
000 5
do
do
13.419.000
4 ft. J. 4 D.
14.000.
000
11.000.
000
. .. . IN. Y „ Gr. Cent Station.
See text.
5.000.
000
A. 4 O. X. Y., Union Trust Go.
19.425.000
420.000
■100,01)0
r
3 gt s . . . . .
N gw York.
958.000
8,846,050 See text. See textiX. Y., Gr. Cent. Station.
1,353,950 See text.!See text;
do
no
7
M. 4 X.
do
do
12,000,000
10,000,000 5 per an.! Q .-J . X. Y., by Del. Lack.4 W.
6
J, & J
do
do
12,000,000
F. 4 A.
do
do
5.000.
000 5
M. 4 X.
do
do
5.000.
000
April, 1896
Jan. 1, 1897
Oot. 1, 1935
May 1, 1904
Apr. 15, 1896
Jan. 1, 1903
Jan. 1, 1903
May 1, 1905
Sept. 1, 1904
Sept, 1, 1904
June 1, 1905
Moll. 2, 1896
Oot. 1, 1937
Yearly to 1902
Yearly to 1911
May 1, 1942
Apr. 1, 1896
Apr. 1, 1896
May 1. 1900
April. 1896
Jan. 1, 1921
Aug. 1, 1923
May 1, 1923
1894.
to Bay Ridge and Green point, 20 mile*, o f which 16 miles double track.
Payments—
1895.
1893.
$5,745,936
Greenpotat branch 1# not operated.
Seated.-* paid.......... .
$5,888,451
$5,391,137
Interest
on
d
e
b
t.........
4,214,716
4,169,245
4,179,595
L e a s e , E tc.—A cousoBdaiion August 27,1885. Leased for 99 year*
198,983
106,057
214,898
from May 1 , 1883, to the Long Island RR. Co. at 35 per sent o f gross ra re - on earn. A st’k.net
300.000
300,000
Reserved for deb’tures.
300,000
earnings, rental guaranteed to b« at least 5 per cent on prof, stock.
(5)4,588,820
Dividends................... ( i m 4,339,991
(5) 4,471,415
Bonus .—Consolidated mortgage o f 1885 !* for $2,000,000. o f which
$500,000 reserved to retire first mortgage at m aturity; trustee 1* Cen Balancefrom operat'n.. dor.$l,217,576 def. $786,340
suiv $iT/T71
tral Trust Company. The L. L RR. has attached to the bonds Its un - I T . do, p.219, 481, 523, 562.7-19, 886, 374, 929. 1129,11-10; V. 61, J).
conditional guaranty o f principal sod interest In addition to the mem 11, 535, 553, 559. 566,794, 92< , 1086.1107; V. 62, p. 278,5-18, 589.)
orandum as to the lease previously printed upon them. V. 56, p. 812.
N e w Y o r k C h ic a g o A St. L o u t * ,—(See Afap o f New York Cen
I ncome .—I s year ending l o n e 30,1895, rental, $126,100 ; Interest, tral at BurUon Rtter.y—Own* from Buffalo. X. V.. to Illinois State Line,
- etc., $93,944; dividend* bn preferred, 832,500; balance, deficit for except 8 mile* leased between Dunkirk and Silver Creek, leaving 494
year, 944, In 1893-94 rente*, $113,192.
m ile*; leases the proprietary line, Chicago 4 State Lin e RR., 111., State
N e w Y o r k A: C a n a d a .—Owns from Whitehall, X*. Y., to Rouse's Line to Grand Crossing, 10 uUes: also leases Dunkirk to Silver Creek,
Point, X. V., 113 miles; branches to Baldwin. A usable and Province S m iles; trackage in Buffalo, X .Y ., 1** tulles, and Grand Crossing to
Line, 38 miles; total operated, 151 mile*.
Chicago, 111. (Lake Shore R R.). 9 miles; total. 523 miles.
L ease , E r e —Leased la perpetuity and virtually owned by the DclaH ihtoki' - Known as the “ Nickel Plate." Sold In foreclosure May
■tiich
guarantees
the
bonds,
and
has
$4.607.f»B0
1 9 ,1887, and present company formed in September, 1887.
Ware 4 11. Canal Go., whtea x u s ts e e s s ^
...... *
Invested to U. The stock 1* $4,000,000; p w , f 100.
St o c k .—Lake Shore A Michigan Southern owns $6,240,000 common
Grots.
Wit.
Charms. Hal., def. $6,275,000 2d preferred and $2,503,000 1st preferred stock.
v ......
$817,7-17 $225,985 $300,941
$93,956
DlvfbESl**.—O n )
1891.
1892.
1894.
1896.
154,604
309.-75
V 1993-4 ............... 805,327
155,271 1st p re f............... )
3t9 p. o,
3
-1
Starch, 5 p.o.
124,458
jn n * no. f |S»2-3 ............... 038,934
198,270
312.728
Bonus .—A ulnklng fund of $100,000 per year is provided when net
- l V . 00, p. 302, 836 ; V. 61, p. 32 I, 8 3 1 V. 02, p. 320.)
eamiug* are $900,000 or upward*, i f bond* can be bought at or below
N e w Y o r k C e n tr a l At H u d s o n U t v r r . —' Nre .)!«/>.;-The system, 102; If not, the -inking tend lap-. - for that year, thus leaving $100,000
clearly shown on the accompanying map, 1* mud* op a t follow s ;
more for dividends. The original Issue o f bonds was $20,000,000, and
Lines r,<nted.
lilies. Mohawk At Malone.............. 7 173 It ha* been reduced to present amount by the sinking fund purchases.
New-York to B uffalo,.......
442 Catt&Sit* A Adirondack
f
43 Statement of road under mortgage In S wi’P lem knt o f Sent,, 1894. See
Branches N, Y. Central Dtv. . 377 G»Hvereeur*0#w<sgat«ihl<:i*
13 abstract of mortgage (Central Trust Company of New York, trustee),
Lin e* leased. 7 See IA it co.
New York A Putnam ........?
54 v, 43, p. 541. There are 5 per cent gold equipment trend* for $-120,000,
423 Other branches leased,.—
West Shore. . . . . . _____...
202 |issued In 1892, $60,000 being payable Kept. 1 yearly till 1902. The
6
Troy 4 Green bush . . . . . .
ear trusts of 1896 for $400,000 cover 13 engines and 500 ears.—V. 62,
«
Total In earns. June. ’95, .2,392 p, 720.
ftauyten .DuysU * Ft. M
O p e r'd , ea rn s, k e p t separate.
127
New York a - H arlem .....
L atest E ah iu n o *.—For year ending Dee. 31, 1895:
91
New Jersey Junction___
S Dunkirk A. V. A p .............. 7
Rome Watertown A Og. . ’ 519 j ...... .. Creek .....................12 months—
Grots.
Set.
Other inc. Jnl.it taxes. Bui., site.
149
: - - - ,
> - i,
-29 $ 281,310
The X. Y. Central D ivision has 287' m ile* laid with four tracks,
......... 5,629,237
1,150.698
0,900
1,148,301
9,327
H is t o s t . Ac,—This company was formed by a consolidation of the 1894
New York Central and the Hudson R iver railroad* November 1,1809.
a n n u a h R e po r t .—Report for year 1894 was In V. 60, p. 792. H ie
The leased lines have been acquired at various dates since.
road 1* used principally st* a freight line, the earnings from freigh t in
Ca p i t a l Sto c k .—I n May, 1895, $1,571,7**0 "took was Hated on the E t- t894 amounting to $4,792,297 out o f the total $5,029,239.
Year end. Bee. 3 1 1894.
1893.
1892.
1891.
ehawge, making total listed *400,0* »0.000; V. do, p 874, Dividend*
M ile* operated.........
512
512
512
512
on Abac* registered In London are payable i » gold at 4ft *sd. to dollar.
Gross naming-.........$5,629,239 $6,787,748 $6,467,105 $6,171,088
Since >f t n w j u a - j '*5 . ”86-89. T«>. ’91. '92. '03. '94, '95 .'9 6.
Oper.expen.
A
taxes.
4,671,078
5,470.238
5,375,162
5,056,082
1884. J Per e en t
f 3>- 4 jrrljr. 4*s 4>u 5 't
5
5 4 >-t below
In 1896, Jan., 1 p. c.; April, 1 p. v
N et earnings...... $957,261 $1,308,510 $1,092,003 $1,115,006
$ ]6»* o. ji* r annum was pa d.
From 1869 to 1884. tioth i»ciu »j
JBosds .—
<i - riptkm » f <lot»;iH(»re# oq page 3 of s c m -u - m knt o f Net, Inc. other Income $964,251 $1,314,829 $1,102,209 $1,128,574
A.Prilf 1§1*5. o r tft>» f ll»0OOi»0OO % pe r Mmi fc
debentures due 1904, the [ Interest on bonds ... $777,000
$780,000
$781,059
$780,-122
ro*ra red
III
stock conversion Equip, trust charge*.
30,000
tfat
86,000
89,000
which dftimn&urm of 1M M Is # :
01,320
00, p. 523.) This J Eternal* ...................
90,551
91,924
92,227
■#oiif|
©r.‘*teii privi
•®<ukrric»i t ?*©ii
at par, instead o f |Sinking fund................................
48,794
to cooo
99,940
99,400
u»*» <ompany replace* it* first Dtv. on 1st p r e f.......................... (4) 200,000 (3)150,000 (3) 150,000
mato* for Urn boo clii"at m atu rity, it
ditit 1003 bj* tm Um i® of ito e A
mortaratr*
Tin) $15,000,000 debenture 4 per cents o f 1390 are to be included in
Balance, surplus.
$9,327
$54,142
$1,036
$7,007
any new mortgage, and have a sinking fund o f $300,000 yearly—no - (V , 60, p. 131,302, 792.795; V. 61, p. 240, 871; V. 62, p, 180, 305.)
drawings. Sinking fund cancellations have reduced them from $15,000,000 to amount In table,
| N e w Y o r k 4 G r e e n w o o d L a k e K y —AS’**e H op o f t'.rie HR. ) —
Own- from Jersey City, X. J., to Green woof! Lake, 41 miles, and
O r tn iv r t i • -Th- company guarantee* U
-grilles e f its leased branches to Ringwoedi etc.. 8 miles ; operates Watehung Ry., Woodfor <mrh eom- side to Orange, X. J., 4 miles, and rite A rlington By., 1 mile; total, 54
dnea to a considerable aggregate
e m tm ml© ntMi
pany marked with a % In the tab
m um m pm ding. It am** saimr- mile*. Steele, 8100,000; 'Oit-f Aiidlng, $75,000; par, $100.
1,000,00Q fixm
m mry, 1003.
afitesat: Western Transit Co. 4%s
L e ase. —Early in 1896 was leased to the Erie RR, for 999 years from
OENKRAT. F(NANCV*.—A new fc
nick t»1rt4fis c rr tl10 Harlera E lver May 1, 1896, ter Interest on prior lien bonds, holders of old firsts agreeis being con-truefcfl 24 feel high
ati th«!i prem Hi brl rliro at ao outlnr tag to convert their bonds lute prior lien bonds at 50 per cent of'face
of between $3,000,000 and # 1.000.000
fth •tty * . -- ■*?'the roMt), See value and of old seconds at 10 p. c. of face value. See V. 62, p. 233,
Kl (tftO
V,54, p. 560. Debentures o f 1890 . If
.. 163fi
.• ___1 $ *.,571,700 of
. . . 363. Exchanges of securities w ill be made as soon as lease is exec uted,
>vement».
tTO. atid
stock were, sold in 1894-93 for Park Avo
rand otlnm.tint
other improvement*.
I and w ill require $830,000 prior liens; *542,000 will he available for
The last o f the $1.*37.5-7 sterling not.
notm :ImumX JfrOttUtug the imn® of double-tracking and equipment. (See V. 60, p. 929; V, 62, p, 233, 365.)
additional stock wore paid off in November. I 894
N e w Y 'o rk Ac. H a r le m . —Owns from New York City to Chatham,
L a Tkst K i s - i * 0 -.—Fo! nine months to Mar. 31 (Mar.. 1896, net.):
X. Y., 127 mile*. From Chatham to Albany, 24 miles, the BoBton A
Gross.
Set.
Interest, die. IHeieiends.
Balanee. Albany Railroad Is used. Also owns the Fourth Avenue atreet railroad.
9 met*.
*
$
$
$
$
L ease .—T he property (except the horse railroad) was leased April 1,
1893-0..34,493.000 11,148.000 7.022,000 (3%)3,000,000 sr 226,000 1873, for 401 years to the X. Y. Cent. 4 Hudson R iver RR. at 8 per cent
18«4 >..31,904,869 10,685.176 7,905,093 (3 hj)3,339,990 df.550,907 dividend* on the stock and the interest on the bonds.
A-.Ni.tf. Ru-.iKT. -Kis- al year ends June30. Report fo r 1894 was
D iv id e n d *.—1
The 3 per cent per annum guaranteed is paid semi-an
given at length In Y. 61, p. 553, 566. See also editorial p. 535,
nually, Jan. 1 ami July 1, In addition both stocks have received d ivi
Year end. June ao.
1896
1893.
1894.
dends out of the earnings o f the Fourth A venue horse railroad, annually
Miles operated June 30
2,392
2.096
2.396
in April, w fo llo w s ; From 1982 to 1889, inclusive, 2 per cent yearly;
$27,372,071 1890to 1893 2 hi r. e.t; In 1894 to 1896, inclusive, A pril, 3 p, e,
*24,104,509
f r e i g h t .............................. * 24,268,710
1 4.047,572
14,151.280
Passengers................. 12,965,1)2
H a r m NO*. In year 1894-95 horse railroad showed $5,446 surplus
5,517,050
5,422,412
Iflsrn lotn eou A ....................
5 ,255,715
over 3 per cent dividends. Railroad operations included in N ew
York
Central. (V, 55, p. 372; V. 57, p.407 ; V. 59, p. 3 71.)
T o ta l gross nam ings .. $42,489,537
*43,678,201
$46,936,693
N e w Y 'o rk I. u r k jt w a im u Ac Y Y'estern .—Binghamton to Buffalo
32,291,877
O p e r . e x p . , in c lu d . t a x e s . . . 2 8 .0 1 0 ,4 4 3
29,508,406
and Intermit Iona! Bridge and branches, 214 miles, o f which the main
Net earnings...................... *13,079,094
*14,169,795
*14,644,810 line, 213 miles, I* double track; Delaware L. 4 W. has a lease for dura-
INVESTORS’ SUPPLEMENT,
102
[V ol. 1X11,
S u b s c r i b 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 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 AILRO AD S.
<f Hartford — S t o c k . S e e t e x t .
1 s t m o r t g a g e ( f o r $ 5 , 0 0 0 , 0 0 0 ).................................. r
D e b e n t u r e s , e x c h a n g e a b l e f o r s t o c k 1 9 0 3 ......... o*
N . Y . P r o v . & B . I s t M . , P r o v . t o 8 t o n .(a s s u in e d ).c *
1 s t M . (S t o n l n g t o n t o N e w L o n d o n ) a s s u m e d . c *
G e n ’ l m o r t . f o r $ 4 ,0 0 0 ,0 0 0 , g o l d , a s s u m e d . .e A r
R o n d s— P r in c i
IN T E R E S T O R D IV ID E N D S .
p a l,t V h e n D n e .
Am ount
R a te p er
W hen
W h e r e P a y a b le , a n d b y
Stocks— L a s t
O u t s t a n d in g
C e n t.
P a y a b le
W hom .
D iv id e n d .
S iz e , o r
D a te
Par
of
B o n d s V a lu e .
M ile s
of
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , A c . , s e e n o t e s
Road.
o n f i r s t p a g e o f t a b le s .
Were York New Haven
123
$ 1 0 0 $ 4 7 ,5 0 0 ,0 0 0
2 ,0 0 0 ,0 0 0
1 .0 0 0 A
lO O e tc . 1 6 ,4 3 7 ,5 0 0
1 ,0 0 0
1 ,0 0 0 ,0 0 0
3 0 0 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0 ,0 0 0
1883
1893
1869
1881
1892
50
12
62
S ee te x t.
4
4
7
4
d g.
Q .— M .
J. & D.
A . A; 0 .
J. & J.
A . <fc O.
A . A O.
N e w H a v e n , C o .’ s O ffic e .
N . Y . , C lie m ’ a l N a t . B k .
N . Y ., L in c o ln N a t. B k .
N . Y ., C e n tra l T r u s t C o.
do
do
do
do
M ch . 3 1 ,1 8 9 6
J u n e 1, 1 9 0 3
See te x t.
Jan . 1, 1899
A p r . 1, 1901
A p r . 1, 1942
F.
J.
J.
A.
A.
J.
A.
A.
M.
J.
F.
M.
F.
J.
A.
A.
J.
A.
A.
J.
J.
O.
O.
D.
O.
O.
N.
D.
A.
N.
A.
J.
O.
O.
J.
O.
N .Y ., L in c o ln N a t. B a n k
&
A
&
A
A
&
ct
A
&
&
&
&
&
&
&
A
A u g . 1, 1 9 0 5
J u ly 1, 1 9 0 7
J u ly 1, 1 9 2 0
A p r . 1, 1925
O c t. 1, 1 9 0 3
J u n e 1, 1911
A p r . 1, 1 9 1 0
O c t. 1, 1 9 1 2
N o v . 1, 1937
J u n e 1, 1 9 1 3
F eb . 1. 1900
M a y 1, 1918
F e b . 1, 1900
J a n . 1, 1 8 9 9
A p r . 1, 1 9 0 9
A p r . 1, 19 1 1
J u ly 1, 1 9 0 4
A p r .’98A 1911
A.
A.
A.
M.
J.
M.
<fc
A
&
A
A
&
O.
O.
0.
S.
D.
S.
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 :
51
B o s . A N .Y . A i r L . 1 st M .,N . H . t o W illim a n .,C t .o *
3h
C o l c h e s t e r R R . 1 s t M .........................................................
36
D a n b u r y A N o r w a l k c o n . M . ($ 1 0 0 ,0 0 0 a r e 6 s ) . o *
36
G e n l. M ., D a n b u r y , C o n n . , t o W i l s o n P o i n t , A c . c *
12
H a r l e m R i v e r A P o r t c h e s t e r 1 s t m o r t . g u a r . .c & r
12
2 d m o r t g a g e , g u a r . (S e c V . 5 6 , p . 8 1 3 ) .......... C A r
74
H o u s a t o n l o o l d c o n s o l i d a t e d m o r t g a g e ....................
D a n b u r y B r a n c h b o n d s , s u b j e c t t o c a l l ................
80
N e w c o n s o l, m o r t g a g e ( f o r $ 3 ,0 0 0 ,0 0 0 ) g o l d , .c *
55
N a u g a t u c k 1 s t M ., Nauga. J u n e , t o W i n s t e d , C t . r
13
N e w H a v e n A D e r b y 2 d m o r t . ( n o w 1 s t ) .............. c *
13
C o n s o l, m o r t f o r $ 8 0 0 , 0 0 0 ....................................... 0 *
F u n d e d c o u p o n c e r t i f i c a t e s .........................................
92
N . H a v . A N o r t h . 1st M .,N . H .t o C o n w a y J .,M a s s .c *
114
C o n s o l, s in k . fd . $ 1 5 , O O O p e r y e a r , n o t d r a w n . o *
27
N o r t h e r n E x t e n s i o n b o n d s .....................................c '
B o n d s (n o t m o r t.) e x t . In 1 8 9 6 , n o n - c o n v e r t..c *
1
7
H o l y A W ., l e a s e d , 1 s t A 2 d M ., ($ 2 0 0 , 0 0 0 g u . ) c *
O ld C o lo n v — S e e t h a t c o m p a n y .
5
^
P a w t u x e t v . 2 d M . (1 s t M . o w n e d b y N . Y . N . H . A H
51
P r o v i d e n c e A W o r c e s t e r 1 s t m o r t g a g e ............ ..
N a n t a s k e t B e a c h , 1 s t m o r t g a g e ..................................
49
S h o r e L i n e 1 s t M ., N . H a v e n t o N . L o n d o n , C t ____
IF. Y. Ont.it W.—G o n . M . , n o w l s t , g . , r e d . a t 1 0 5 i n ’ 9 9 . 0 ' T e x t .
R e f u n d i n g m o r t g a g e f o r $ 2 0 ,0 0 0 ,0 0 0 , g o l d . . . e * A r T e x t .
1 ,0 0 0
1880
1877
1880
1883
1873
1881
1880
1882
1887
1883
1870
1888
1888
1869
1879
1881
1886
1870
1 .0 0 0
l.O O O & c
5 0 0 & c.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1880
1877
1880
1880
1889
1892
1 ,0 0 0
1 .C 0 0 & C
$ or £
l.O O O A o
t io n o f c h a rte r fr o m O c to b e r, 188 2 , g iv in g a g u a r a n ty o f th e b o n d s a n d
5 p e r c e n t y e a r ly o n th e s to c k , th e g u a r a n ty b e in g e n d o rs e d o n th e
b o n d s a n d s to c k c e r tific a te s .
N e w
Y o rk
L a k e
E r ie
Sc
W e s t e r n . — See
E r ie
R R . Co.
N e w Y o r k N e w H a v e n Sc H a r t f o r d . — O w n s f r o m W o o d l a w n ,
N . Y . , t o S p r i n g f i e l d , M a s s ., 1 2 2 m i l e s ; b r a n c h e s t o N e w B r i t a i n , M id d le t o w n . N e w C a n a a n , e t c . , 7 5 m ile s ; N . Y . P r o v i d e n c e A B o s t o n D i v i s i o n .
N e w L o n d o n t o P r o v i d e n c e , 6 2 m ile s , a n d b r a n c h e s , 2 3 m i l e s ; t o t a l
o w n e d , 2 8 2 m i l e s , o f w h ic h 2 2 m i l e s h a s f o u r t r a c k s ; l e a s e s , a n d f o r
t h e m o s t p a r t p r a c t i c a l l y o w n s , lin e s r u n n i n g t o W in s t e d , C o n n .,
T u r n o i ’ s F a l l s , M a s s ., W U lim a n t ic , C o n n ., e t c . , 5 0 1 m ile s ; a ls o l e a s e s
P r o v i d e n c e A W o r c e s t e r , 4 8 m i l e s ; h a s t r a c k a g e i n t o N e w Y o r k , 12
m ile s , a n d o t h e r t r a c k a g e , 5 m ile s ; O ld C o l o n y (w h i c h s e e ) 6 0 3 m il e s
(s in c e J u l y 1, 1 8 9 3 ); t o t a l J u l y 1 , 1 8 9 5 , 1 4 5 1 m ile s ; a is o c o n t r o l s [ o p e r
a t e d s e p a r a t e l y ! N e w E n g l a n -1 R R . . 5 5 9 m ile s .
A n e w U n io n S ta tio n
is t o b e b u i l t i n B o s t o n .
( V . 6 2 , p . 5 4 8 .)
H i s t o r y .— A c o n s o l i d a t i o n i n 1 8 7 2 o f t h e N e w Y’ o r k A N e w H a v e n
a n d t h e N e w H a v e n A H a r t f o r d . I n y e a r s 1 8 9 2 a n d 1 8 9 3 a c q u ir e d
c o n t r o l o f s e v e r a l c o m p a n ie s w h o s e b o n d s a r e g i v e n i n t a b l e a b o v e .
S e e S u p p l e m e n t o f S e p t . , 1 8 9 4 . S e e a ls o O l d C o l o n y .
I n O c to b e r , 1 8 9 5 , i t w a s a n n o u n c e d th a t a c o n t r o llin g in t e r e s t in
t h e s t u c k a n d $ 5 ,0 0 0 ,0 0 0 c o n s o ls o f t h e N e w E n g l a n d R a i l r o a d h a d
b e e n a c q u i r e d , b u t t h a t it s r o a d w o u l d b e o p e r a t e d in d e p e n d e n t l y , n o t
le a s e d o r a b s o r b e d b y c o n s o lid a tio n . S e e V . 6 1, p . 609.
C o n t r o l o f t h e S t a m f o r d S t r e e t R y . w a s a c q u i r e d in 1 8 9 5 , a ls o t h e
e n t i r e s t o c k o f t h e F a l l R i v e r S S . l i n e a n d 1 8 ,2 3 3 o u t o f 2 5 ,0 0 0 s h a r e s
01 t h e P r o v i d e n c e A S t o n i n g t o n L i n e . I n O c t o b e r , 1 8 9 5 , c o n t r o l w a s
a c q u ir e d o f t h e M e r id e n E le c t r ic R y . Y . 6 1 , p. 7 0 4 , 79 4 .
Ca p it a l Sto c k .—S t o c k
a u t h o r i z e d , $ 1 0 0 ,0 0 0 ,0 0 0 .
I t m a y h e is s u e d
f o r I m p r o v e m e n t s , b u y i n g s t o c k s a n d b o n d s o f l e a s e d r o a d s , A o .:
$ 1 6 ,4 3 7 ,5 0 0 w i l l b e n e e d e d t o t a k e u p t h e c o n v e r t i b l e d e b e n t u r e s I n
1 9 0 3 . ( V . 5 6 , p . 2 8 9 , 3 7 3 , 5 7 9 .) O n O c t . 1 , 1 8 9 5 , a d d i t i o n a l s t o c k
f o r $ 9 ,5 0 0 ,0 0 0 w a s i s s u e d , b e i n g o f f e r e d t o s t o c k h o l d e r s a t p a r . P r o
c e e d s o f t h i s s t o c k a n d o f $ 3 ,2 8 7 ,5 0 0 a d d i t i o n a l d e b e n t u r e s , $ 1 2 ,7 5 0 ,0 0 0 c a s h in a ll, a r e t o b e u s e d t o c o m p l e t e i m p r o v e m e n t s , f o n r - t r a c k i n g , e t c . S e e V . 6 0 , p . 1 1 0 5 : Y . 6 1 , p 5 5 9 . S t o c k o u t s t a n d i n g is g i v e n
a s r e p o r te d b y N . Y . S to c k E x c h a n g e A p r i l 2 0 ,1 8 9 6 .
D ivid en d s .— )
1873-1893.
1894.
1895.
P e r c e n t.
10 y e a r ly .
9
10*
5
18SN6.
M a r c h , 2 p . c.
* D i v i d e n d s pa id i n c a l e n d a r y e a r 1 8 9 5 in c lu d e , J a n . , 2 p . c .; A p r i l
2 p . c .; J u l y , 2 p . c .; S e p t ., 2 p. c .; D e c , , 2 p . c . D i v i d e n d s a r e n o w p a i d
t h e la s t o f th e q u a r t e r in s te a d o f th e fir s t o f th e n e x t. J
B o n d s .— T h e convertible debentures o f 1 8 9 3 f o r $ 1 5 ,0 0 0 ,0 0 0 a r e e x
c h a n g e a b l e a t o p t io n o f b o l d e r “ o n A p r i l 1 , 1 9 0 3 , o r w i t h i n 6 0 d a y s
th e r e a fte r , a n d n o lo n g e r ," fo r c o m p a n y ’ s s to c k a t p a r. I f n o t th e n
e x c h a n g e d t h e y w i l l m a tu r e a n d b e p a id in ca s h A p r i l 1 ,1 9 0 8
See
V . 5 5 , p . 1 0 3 5 . I n J u n e , 1 8 9 5 , $ 3 ,2 8 7 ,5 0 0 a d d i t i o n a l d e b e n t u r e s
( d a t e d O e t . 1 ) w e r e s o ld a t p a r .
S e e a ls o u n d e r “ S t o c k ” a b o v e
A m o u n t o f d e b e n tu re s lis te d o n N . Y . S to c k E x c h a n g e t o A p r il, 1 8 9 6 '
$ 1 6 ,4 3 7 ,5 0 0 . S e e d e s c r i p t i o n o n p a g e 4 S u p p l e m e n t o f A p r i l , 1 8 9 5
’
U n d e r t h e le a s e N e w H a v e n r o a d “ a s s u m e d ” t h e debt o f Old Oolont,
r o a d . T h e r e a r e $ 2 5 0 ,0 0 0 r o l l i n g - s t o c k c e r t i f i c a t e s a n d c e r t i f i c a t e s o f
in d e b te d n e s s o f th e H o u s a to n ic R R ., d u e 1 8 9 6 a n d 189 9 . L o a n s a n d
b i l l s p a y a b l e o n D e e . 3 1 , 1 8 9 5 , w e r e $ 5 ,0 0 0 ,0 0 0 , a g a i n s t $ 4 , 6 5 0 ,0 0 0
o n J u n e 3 0 , 1 8 9 5 , a n d $ 2 , 8 5 0 ,0 0 0 o n D e S . 3 1 , 1 8 9 4
N . I I . & N o r th a m p to n c o n v e r t ib le 5 s d u e J u ly 1 ,1 8 9 6 , w e r e e x te n d e d
t o 1190 4 a t 5 p . c ., w i t h o u t c o n v e r s i o n p r i v i l e g e .
( Y . 6 2 , p . 5 4 8 .)
L eased L in e Sto cks .— T h e s t o c k s o f t h e l e a s e d l i n e s u n e x c h a n g e d
o n J u n e 3 0 ,1 8 9 4 , a n d th e d iv id e n d s p a y a b le th e r e o n a r e s h o w n b e lo w
t h e s h a re s b e in g a ll $ 1 0 0 e a c h e x c e p t in g D a n b u r y A N o r w a lk , w h ic h
a r e $ 5 0 e a c h . T h e le a s e s a r e f o r 9 9 y e a r s .
„
,
Stocks—
Total isme.
B e r k s h ir e
$ 6 0 0 ,0 0 0
B . A N . Y . A i r L i n e p r o f ...............2 ,9 9 8 ,5 0 0
x
4°
. „ do
, c o m m o n . . 8 6 4 ,2 3 1
D a n b u r y A N o r w a l k .....................
6 0 0 ,0 0 0
H o u s a t o n i c p r e f ................................2 ,3 7 5 ,8 0 0
N a u g a t u c k ......................................... 2 , 0 0 0 ,0 0 0
N . IT. A D e r b y ..................................
4 4 7 ,0 0 0
N . H . A N o r t h a m p t o n ( 2 ) ............ 2 , 4 6 0 ,0 0 0
O l d C o lo n y
1 5 ,0 8 9 ,1 0 0
P a w t u x e t V a lle y (p a r , $ (1 ))..
1 0 0 ,9 0 0
S h o r e L i n e ( 3 ) ................................... 1 ,0 0 0 ,0 0 0
S t o c k b n d g e A P i t t s f i e l d ............. 4 4 8 ,7 0 0
Tfnexchanged,
D ivid ’d, D ivid ’d
p er an. period.
$ 5 9 9 ,0 0 0
6 p . c.
1 , 4 2 6 ,0 0 0
4 p. e .
8 6 4 ,2 3 1 P a y s n o
1 5 3 ,6 0 0
5 p. c.
3 2 5 ,4 0 0
1 p . c.
1 ,0 4 4 ,9 0 0 1 0 p c
9 7 ,3 0 0
4
5 6 ,5 0 0
4
9 , 5 7 1 .1 0 0
7
1 0 0 ,9 0 0
7 p c
1 9 3 ,2 0 0
7 U
4 4 7 ,2 0 0
6
(2 ) S i n c e A p r i l , 1 8 9 6 , p a y s 4 p e r c e n t ; f o r m e r l y 3 p . c .
3 t i p e r c e n t in J a n u a r y a n d 4 in J u ly .
L atest E arn ings .—F r o m J u l y
6 m o s .—
tiross.
Net.
5 0 0 ,0 0 0
2 5 ,0 0 0
5 0 0 ,0 0 0
1 5 0 ,0 0 0
2 ,0 0 0 ,0 0 0
1 ,0 0 0 ,0 0 0
1 0 0 ,0 0 0
6 1 ,0 0 0
2 , 8 3 9 ,0 0 0
1 5 0 ,0 0 0
2 2 5 ,0 0 0
5 7 5 ,0 0 0
4 8 0 ,0 0 0
1 ,3 0 0 ,0 0 0
1 ,2 0 0 .0 0 0
7 0 0 ,0 0 0
7 0 0 ,0 0 0
2 6 0 ,0 0 0
1 ,0 0 0
100
1 ,0 0 0
1 .0 0 0
500 A c.
Q .-J .
A A O
d iv id ’ d!
J A J
July'
T A T
J
A J
A
A o'
Q .-J .
1 A T
j
Q ._ j
(3 ) G e n e r a l l y
'
1 t o D e e . 3 1 , 6 m o n th s .
5
7
5 A
5
6 &
4
4
5
5
4
7
5
6
7
6
5
5
4 A
6 0 ,0 0 0
1 ,5 0 0 ,0 0 0
2 5 0 ,0 0 0
2 0 0 ,0 0 0
5 ,6 0 0 ,0 0 0
8 ,1 2 5 ,0 0 0
6
7
g.
6
6
6
2^2
4 ^
5 g4 g.
A
&
Yr. end. June 3 0 .
1895.
M ile s o p e r a t e d ..
1 ,4 4 7
G r o s s e a r n i n g s . .$ 2 7 ,6 0 8 ,0 0 9
N e t e a r n i n g s ........ $ 8 ,5 4 3 ,9 8 1
O t h e r i n c o m e ____
5 2 8 ,5 5 2
T o t. n e tin c o m e
In te r e s t o n d e b t.
R e n t a l s , e t c .........
T a x e s ......................
D i v i d e n d s .............
N e w H a v e n ,C o n n .
do
do
N . Y ., C h em ’a l N a t. B k.
do
do
N e w H a v e n , C onn.
do
do
N . Y . , F a r m . L . & T r . C o.
N e w H a v e n , C t ., T r e a s .
N e w H a v e n , C onn.
do
do
do
do
N .H a v .,N . T ra d e s m ’sB k
do
do
do
do
do
do
do
do
P ro v .,R . I. H o sp . A T .C o
N . H ., N a t. N . H . B a n k .
N . Y . O ffic e & L o n d o n .
N . Y . O f f ic e , 5 6 B e a v e r .
1892
508
$ 1 1 ,9 1 3 ,7 0 1
$ 3 ,6 4 0 ,6 9 0
1 8 9 ,2 3 8
$ 7 ,7 5 3 ,6 5 6
$ 5 , 9 1 7 ,5 5 2
$ 1 1 6 ,3 3 3
1 ,9 5 7 ,3 6 3
8 4 5 ,8 5 8
2 ,9 4 5 ,5 3 5
$ 3 ,8 2 9 ,9 2 8
$ 8 0 ,0 0 0
9 8 1 ,6 8 5
6 0 5 ,9 6 2
2 ,1 0 3 ,7 5 0
$ 9 , 0 7 2 ,5 3 3
$ 2 0 2 ,0 0 0
3 , 9 2 6 ,9 4 0
1 ,4 6 4 ,6 0 5
3 , 7 9 4 ,2 9 0
$202,000
3 ,7 6 8 ,5 1 8
1 , 4 0 9 ,4 6 0
3 ,6 3 1 ,2 9 3
B a la n c e , s u r p lu s .d e f.$ 3 1 5 ,3 0 2 d f.$ l,2 5 7 ,6 1 5
$ 5 2 ,4 6 3
N e w Y o r k Sc N o r t h e r n . —S e e N e w Y
N ew
Y o rk
ork
A P u tnam .
O n t a r io Sc W e s t e r n . —(See
M a p .j— O p e ra te s fr o m
W e e h a w k e n , o p p o s it e N . Y . C it y , t o O s w e g o , o n L a k e O n ta r io , i n c lu d in g :
Road Owned—
O sw ego
B ra n ch
do
do
to
to
to
to
Miles.
( ’ o r n w a l l , N . Y .......... 2 7 2
N e w B e r l i n ................. 2 2
D e l h i .............................. 1 7
E l l e n v i l l e ..................
8
T o t a l o w n e d ..................................3 1 9
(t ill 2 0 7 9 ) W . S h o re R R .:
C ’ n w a l l t o W ’ h ’ k e n ( V . 6 1 , p .4 2 5 )
53
Trackage
Road Controlled,<tc.
$ 2 3 4 ,5 3 2
IS o jiS S
$3 419 211
M iles•
O n t a r i o C a r b , A S. ( a l l o w n e d . )
H a n c o c k ,N .Y .,to S c r a n to n ,P a . 5 4
R o m e A C l i n t o n ( l e a s e d ) .......... H 1 3
U t io a C lin t o n A B in g , (le a s e d ).U 3 1
W h a r t o n V a l l e y ( l e a s e d ) ............
7
T o t a l o p e r a te d J u ly 1 ,1 8 9 5 ..4 7 7
IT S e e t h is c o m p a n y .
O r g a n i z a t i o n .— T h e N e w Y o r k A O s w e g o M i d l a n d w a s s o ld in f o r e
c lo s u r e N o v . 1 4 , 1 8 7 9 , a n d t h is c o m p a n y o r g a n i z e d . T h e N . Y . A O n
t a r io L a n d C o . w a s fo r m e d in 1 3 8 9 in it s in t e r e s t a n d a c q u ir e d s h o u t
8 5 5 a c r e s o f c o a l l a n d o n w h ic h $ 6 0 0 , 0 0 0 b o n d s w e r e Is s u e d
See V.
5 0 , p. 1 0 5 , a n d M is c e l l a n e o u s C o m p a n ie s .
St o c k .—Stock Is $58,119,982, (par, $100), of which $6,000 is
o ld p r e f-
V o t in g T r u st .—T h e p r e f e r r e d
c e p t $6,000 l i a s b e e n e x c h a n g e d
w a s o r i g i n a l l y $2,000,000, b u t all e x
fo r b o n d s u n d e r a c t o f J u n e 8, 1885T h e e x c h a n g e d p r e f e r r e d s t o c k is h e l d a l i v e u n d e r a v o t i n g t r u s t a n d
e le c ts e ig h t o f th e th ir te e n d ir e c to r s u n d e r a p r o v is io n o f th e “ A r t ic le s
o f A s s o c ia t io n ,” u n t il a d iv id e n d s h a ll h a v e b e e n e a r n e d a n d p a id u p o n
t h e c o m m o n s t o c k . T h e v o t i n g t r u s t e e s e l e c t d i r e c t o r s in t h e i n t e r e s t
o f th e c o m m o n s to c k . S e e V . 6 1 , p . 4 2 5 , 42 6 .
B o n d s , E t c .— T h e m o r t g a g e s c o v e r 3 1 9 m i l e s o f r o a d o w n e d , a n d a ll
s e c u r i t i e s o f O nt,. C a r b . A S c r a n . R y . , 5 4 m i l e s , a r e o w n e d a n d p l e d g e d
u n d e r t h e m o r t . F o r consolidated mortgage o f 1 8 8 9 s e e a b s t r a c t V . 4 9 , p .
2 3 8 . T h e refunding mortgage s e c u r e s $ 2 0 ,0 0 0 ,0 0 0 o f 4 p . e t s ., o f w h ic h .
$ 5 ,5 0 0 ,0 0 0 t o r e t i r e $ 4 ,0 0 0 ,0 0 0 s i x e s ( p a i d S e p t . 1 , ’ 9 2 ) , $ 7 ,0 0 0 ,0 0 0 t o
r e t i r e $ 5 ,6 0 0 ,0 0 0 c o n s o l. 5 s , b a l a n c e f o r i m p r o v e m e n t s , A c .
T h e m o rt.
c o v e r s a ll t h e c o m p a n y ’ s p r o p e r t y , r e a l a n d p e r s o n a l, a c q u ir e d a n d t o
b e a c q u i r e d ; m o r t g a g e t r u s t e e is T h e M e r c a n t i l e T r u s t C o . T h e 5 p e r
c e n t b o n d s a r e r e d e e m a b l e in a n d a f t e r 1 8 9 9 a t 1 0 5 a n d a c c r u e d I n
t e r e s t , S e e V . 5 4 , p. 4 4 4 , 6 8 3 , 7 2 1 , 9 5 4 . T h e r e a r e $ 7 5 ,0 0 0 W h a r to n
V a l. g u a r . 5 s, d u e 1 9 18.
C a r T r u s t s .— O n S e p t . 3 0 , 1 8 9 5 , t h e r e w e r e c a r t r u s t s f o r $ 1 5 2 ,9 3 5
(in c lu d in g in t e r e s t ) m a t u r in g m o n t h ly t o A p r il, 1 8 9 8 ; a ls o 5 p. c. c a r
t r u s t n o t e s t o N . Y . G u a r a n t y T r u s t C o . f o r $ 1 2 7 ,5 0 0 , p a y a b l e q u a r
te r ly to F e b r u a r y , 1899.
O n D e c . 3 1 .1 8 9 5 . lo a n s a n d b ills p a y a b le
w e r e $ 2 3 4 ,4 5 8 , a g a i n s t $ 4 1 6 , 0 0 0 o n D e c . 3 1 , 1 8 9 4 .
E a r n i n g s .— 8 m o u t h s ,
J u ly 1 t o F e b , 2 9 .
j 1 8 9 5 - 6 . . . . g r o s s , $ 2 ,5 5 2 ,3 9 2 ; n e t , $ 7 5 8 ,2 3 8
, 1 8 9 4 - 5 . . . . g r o s s , 2 ,4 9 5 ,4 8 4 ; n e t , 7 0 4 ,4 1 6
F o r 6 m o n t h s e n d iD g D e c . 31,1895, s u r p lu s o v e r c h a r g e s w a s $ 3 0 6 ,"
042, a g a i n s t $269,252 I n 1894.
6
*
’
A n n u a l R e p o r t .—F i s c a l y e a r e n d s J u n e 30. A n n u a l m e e t i n g l a s t
W e d n e s d a y i n S e p t e m b e r . R e p o r t f o r 1894-95 w a s g i v e n a t l e n g t h i n
V. 61, p. 419, 424: s e e a ls o e d i t o r i a l , p. 396. Goal traffic in 1894-95
w a s 1,715,991 t o n s , a g a i n s t 1,642,063 t o n s i n 1893-94, 1,352,225 t o n s
i n 1892-93,1,120,416 i n 1891-92, a n d 811,485 i n 1890-91.
Year ending June 3 0 .
1895.
1894.
1893
G r o s s e a r n i n g s ..............................$ 3 ,6 6 9 ,1 1 3
O p e ra t’g ex p en ses a n d ta x e s .
2 ,6 4 2 ,4 1 2
P e r c e n t o p e r. e x p . t o e a r n s ..
(7 2 - 0 2 )
$ 3 ,8 4 2 ,1 1 9
2 ,7 3 2 , 5 4 0
( 6 8 ’4 0 )
$ 3 , 6 8 8 ,1 7 4
2 ,7 9 8 2 2 6
(7 3 - 1 5 )
B a l a n c e , n e t e a r n i n g s . . . . $ 1 ,0 2 6 ,7 0 1
T o t . n e t i n c o m e , i n c l . “ o t h e r . ” $ 1 ,1 0 1 ,7 9 1
In t e r e s t o n m o r tg a g e b o n d s ..
5 8 9 ,0 0 0
M i s e e l l . i n t e r e s t an d. d i s c o u n t
5 ,2 7 4
R e n t a l s p a i d ..................................
1 8 1 ,1 3 3
$ 1 ,1 0 9 ,5 7 9
$ 1 ,1 8 4 ,6 6 9
5 6 9 ,0 4 2
1 3 ,8 7 6
1 8 2 ,1 8 6
$ 8 8 9 ,9 4 8
$ 9 6 5 ,0 0 8
528349
Or 6 3 3
1 8 0 ,4 3 9
B a l a n c e , s u r p l u s ..........................
$ 3 2 6 ,3 8 4
$ 4 1 9 ,5 8 5
N e w Y o r k P h i l a d e l p h i a Sc N o r f o l k . —O p e r a t e s
$ 5 ,0 8 6 ,2 0 2
4 , 9 8 2 ,7 5 8
$ 5 8 ,5 3 1
— (V . 6 0, p. 3 0 2 ,5 2 3 , 6 0 6 , 8 3 6 , 9 3 0 , 9 6 8 ,1 0 1 0 ,1 0 5 9 ,1 1 0 5 ; V . 6 1 . p. 1 1 3 .
240, 4 6 6 , 472, 517, 559, 6 0 9 , 611, 662, 704, 79 4 , 831, 1155; V . 62 p
233, 320, 4 1 4 , 503, 547, 548, 590, 684.
F
>
B f i y i k t .— F i s c a l j - e a r e n d s J u n e 3 0 .
A n n u a l m e e t i n g is
h e ld t h i r d W e d n e s d a y in O c t o b e r . R e p o r t f o r 1 8 9 4 - 9 5 w a s in V <; l n
4 6 6 , 6 0 9 . F i g u r e s f o r 1 8 9 3 - 9 4 a n d 1 8 9 4 -9 5 I n c l u d e O l d C o l o n y
’ P‘
1 8 9 5 ........$ 1 6 ,1 2 9 ,6 8 8
1 8 9 4 ........ 1 4 ,3 7 9 ,6 7 9
Tint
1900
1897
1900
1910
1939
1992
1893.
848
$ 1 7 ,9 2 3 ,0 6 8
$ 5 ,5 1 7 ,1 3 4
4 0 0 ,4 1 8
— (V .5 9 . p. 4 23, 5 32, 5 5 1 , 5 6 0 , 8 79; V . 60, p. 131, 3 02,
6 1 , p . 2 7 8 , 3 9 6 , 4 1 9 , 4 2 4 , 5 5 9 , 8 7 1 ; V . 6 2 , p . 3 2 0 , 5 9 0 .)
In t a taxes
1,
1,
1,
1,
1,
1,
1894.
1 ,4 4 7
$ 2 5 ,2 8 1 ,8 7 6
$ 7 ,3 4 9 ,1 6 7
4 0 4 ,4 8 9
«...
$ 1 9 0 1 5” 3
Oth. inc.
A p r.
O c t.
O c t.
M ch.
June
June
$ 2 5 6 ,8 5 3
836, 874; Y .
N e w | Y ro » k t l » e i m s y l T a i i l a i A - I 01i l o . —See N y p a n o R R .
fr o m D e lm a r ,
D e l. , t o C a p e C h a r le s , V a . , 9 5 m ile s , a n d K i n g ’ s C r e e k , M d ., t o C r is fle ld ,
17 m ile s . U n d e r a t r a f f i c c o n t r a c t , w h i c h e x p i r e d in | 1 8 9 4 .£ t b e ]| P e n i>
Thurm an
.Boonvtil©
iTrenton Falla
Northvlllo
.ROCHESTER
Greenfield _
Saratoga Spr?y
SHORE
SYRACUSE
MICH.
|t«f
Rie&Ueidj©,
'June
THUNK
Avan
Lancaster
Ailbm
■' ■ '
:
.Jamison
Nu«d»
'Spring vllt«
Norton’
fUiytef
£pc
k>
Fenn Van1
Norwich
UUtm*«<jnd»j
Burn*
c*> -
Hartford
Ith aca
host
‘berry \&l>
i\UVE
TRO Y
kjboharte
hooper*T«
O ob^
HeSf Scot land
Middlehurgh
.
fftnm ford
Mncltlas
Cherry
Ashford
Elliotts V. /
Creek
MayvllU
•
Liberty
Dayton
Schenectoi
lU.»vtU c
Benton Q
(CMon'iii
t(TCH-
o Rippletw
.Genera|
mamlaigua.
Cuba
Little V)
M&wjUrk
/
Toll ton
■'ox Hollow
Bolivars
'uttleOonesc
Bradford
Hunter
i.liieveJ*
0 **9 ° t
Ando vi
Jamestown
'Chenmg&
Forks
Smithpot
tStSSuT
’fcldred
Kingston
O nw t ffctrt
lAHnsna
$Wqwf
Wtitfceport
0
UurbocJt
F o rt Alleghany
Sheffield.
tVe3IU.it. ugh
ROUGH KEEP?
Clerm ont V,
W H JW T»C t«.C O ;
Ilofueadai
Tnnkhi
iSCil
AOJoiwweB
OBmansl
l3srtwt«.>4A
|.*JNSMatfl
\ Hws tNrtn?f00j
cVjFet* CltatmiJf/
c*h«»
Trlft’vood |tffcjg
M A P OP T H E
N ew Y o r k ,
Ontario & W estern
RAILWAY & CONNECTIONS.
■TmrrirTTii^
‘"
Twit Hawn
mutoantto
>BeliefchUc yVUti
Sttftbu;
*Mdk»bwnr
k
White Haven
A.UCH CHUNK
Newark ^
.cv.xrr.Y
lot
INVESTORS’ SUPPLEMENT.
LYol .
S u b s c r ib e r s w i l l c o n f e r a " 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 is c o v e r e d
R A IL R O A D S .
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , & c ., s e e n o t e s
o n f i r s t p a g e o f t a b le .
New York Penn. d Ohio—S e e N Y I ’ AN O R R .
N. Y. Phila. d Norfolk— 1 s t M . , $ 1 6 ,5 0 0 p . m .,
g o ld - C "
I n c o m e m o r t . , g o l d , n o n - c u m ., $ 1 0 ,0 0 0 p e r m i l e . r
r . d P iitn a m —N . Y . & N o . 1 s t m o r t g a g e , g o l d . c
N . Y . <fcP. 1 s t c o n ., $ 6 ,2 0 0 ,0 0 0 , g . t g it . p.«fci. e n d . . c 4
N. Y. d Rock. Ji'h.— 1 st M ., $ 1 ,0 0 0 ,0 0 0 , g o l d , g u . . c *
I n o o m e b o n d s , n o n - c u m u l a t i v e ................................... r
N. Y. Susquehanna d West.—F ret s t o c k (S e e t e x t ) . . .
M id la n d R R . o f N . J , 1 s t m o r t g a g e , g o l d ..............c*
P a t e r s o n E x t e n s i o n R R . 1 s t M ., r e a l e s t a t e , g . . c *
N . Y . S u s. & IV . 1 s t M ., r e f d g , g . (2 d M o n 7 3 m .) . 0 *
2 d m o r t . ($ 1 ,0 0 0 ,0 0 0 g o ld ) 3 d M . o n 7 3 m i l e s . c *
N.
G e n e r a l m o r t g a g e f o r $ 3 ,0 0 0 ,0 0 0 , g o l d .............. c*
C o l l a t e r a l t r u s t p o n d s , s u b j e c t t o c a l l ..................
T e r m i n a l 1 st m o r t . f o r $ 2 ,0 0 0 ,0 0 0 , g o l d ..........c*«fer
W ilk e s b .
E a s t ’ l l , 1 s t M ., g o l d , g u . p . & i. (e n d . )c *
N. Y . Texas a ilex.—1 s t. M . , g . , $ o r i . g u . b y 8 o . P a c . o ’
N orfolk d Carolina — 1 s t M . f o r $ 1 ,5 0 0 ,0 0 0 , g o l d . c 1*
M ile s D a t e
of
of
Road. Bonds
112
112
57
57
72
1
134
134
134
65
*9i
110
102
104
104
N orfolk <e Western—S e c u r i t i e s D i s t u r b e d b y R e O R G A
C o m m o n s t o c k ......................................................................
2 d m o r t g a g e . $ 5 0 0 ,0 0 0 . g o l d ..................................... c*
N orfolk d Southern — C a p i t a l s t o c k .................................
1 s t m o r t g a g e . $ 1 0 ,0 0 0 p e r m ile , g o l d ......................c*
A d j u s t m e n t m o r t . , g o l d (r e d . O c t . ,'9 4 a t 1 1 0 ) . . . c ’
C l i n c h V a l . D . 1 s t M . , G r a h a m t o N o r t o n & b r s .,g .c *
1 0 0 - y e a r m o r t g a g e , $ 4 5 ,0 0 0 ,0 0 0 , g o l d ..................c 4
N o r f . <te W e s t . — 1 s t M . M a r y l a n d & W a s h D i v . , g . c *
D e b e n t u r e s f o r d i v i d e n d (s u b je c t t o c a l l ) ............
E q u i p m e n t M ., 1 0 -2 0 s , g . , d r ’ n a t lO O a f t . M a y / 9 8
C a r t r u s t s , le a s e w a r r a n t s , p r i n c i p a l D e c . 1 / 9 5 .
588
105
936
257
....
1883
1883
1887
1894
1887
1887
____
1880
1881
1887
1887
1882
1890
1895
1893
1892
1882
1889
1896
____
1891
NIZ ATI
1884
1887
1889
1891
1892
1888
’87-’94
l x ii.
n th e s e T a b le s .
IN TE R E S T OR DIVID E ND S.
Par
V a lu e
B on d s-P rfnclpal.When Due.
Amount
per When Where payable, and by Stocks—Last
Outstanding Rate
Cent. Payable
Whom.
Dividend.
!
$ 1 ,0 0 0
1 ,0 0 0
1 ,0 0 0 i
1 ,0 0 0
1 ,0 0 0 1
1 ,0 0 0
100
500& C.
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
500
1 ,0 0 0
l,0 0 0 tfe c
1 ,0 0 0
A £
1 ,0 0 0
1 ,0 0 0
100
1 ,0 0 0
ON.
100
100
1 ,0 0 0
1 ,0 0 0
100 A c.
5 0 0 & c.
500
1 ,0 0 0
V a r io u s
$1,848,000
J. & J. Phila., Cassatt A Co.
1,000,000
! * • J. A J.
1,200,000
N ew York City.
5 g. A. A O.
4.025.000
4 g. A. & O. N.Y., Gr. Cent. Station.
084.000
M. A S. N. Y., Corbin Bank’g Co.
1,000,000
Jan.
1
None paid.
12,843,500 See text. Various N.Y.,Of. 15 Cortlandt 8t
3.500.000
6 g. A. A O. N. Y,, Nat. Park Bank.
250.000
J. A D. N.Y.Of.,15 Cortlandt St.
f S'
3.750.000
5 g. J. A J. N. Y „ Nat. Park Bank.
463,500
4l2g. F. & A. N.Y.Of.,15 Cortlandt St.
93,500
F. A A.
6
do
do
2.443.000
do
do
s g- F. A A.
M. & N.
460.000
6
do
do
2,000,000
do
do
5 S- M. & N.
3.000.
000 5 g. J. A D.
do
do
(?)
1,457,500
A. A O. N. Y..8.Pac.Co.; London.
i5 g.
g- A. A O. N. Y., Central Trust Co,
1.320.000
300.000
J.
& J. Balt. SafeDep. A T r. Co,
5 g2.000.
000
See text Q .-J . N. Y., Atlantic Tr. Co,
M.
& N.
750.000
do
do
5 g.
§*
9,363,400
50.000,000
1.500.000
2.500.000
15,065,000
7.050.000
430.000
4.114.000
1,642,039
I
5
5
5
5
5
A. & O.
Q .-M .
s' M. A 8.
gS- J. & J.
g- J. A J.
A. & O.
g. J. & D.
Dec.,,’94, coup, last pd.
Sept. ,’94, coup, last pd.
Jan., ’ 95, coup, last pd.
Jan., ’95, coup, last pd.
Oct. 94, coup, last paid
Dec.,, ’94, coup, last pd.
N.Y. Mer. Tr. Co. & Phil.
Jan.
Oct.
Oct.
Oct.
Sept.
Sept.
1,
1.
1,
1,
1,
1,
N o t . 27,
Apr. 1,
June 1,
Jan. 1,
Feb. 1,
Aug. 1,
Aug. 1,
May 1 ,
May 1,
June 1,
1923
1938
1927
1993
1927
1927
1893
1910
1910
1937
1937
1897
1940
1905
1943
1942
Apr.
Apr.
Jan.
Apr.
May
1, 1912
1, 1939
1, 1946
10,1896
1, 1941
Deo.
June
Jan.
Jan.
Oct.
June
1,
1,
1,
1,
1,
1,
1924
1957
1990
1941
1912
1908
KR. Co. purchased a portion of the coupons. The company is now
E a r n in g s .— 8 months, \ 1895-6, gross, $1,511,088; net, $640,027
paying its own interest, beginning with July 1,1895. A six per cent
July 1 to Feb. 29.
( 1894-5, gross, 1,432,106; net. 489,364
bottomry mortgage for $225,000 due Jan. 1,1895. was reduced by the
For six months ending Dec 31, 1895, surplus over charges was
payment of $165,000; balance due, $60,000. On Jan. 1, 1895, there $87,076, against deficit o f $31,669 in 1894.
were 5 per cent car trusts for $120,000; 4 p. c. car trusts, $50,000;
A n n u a l R e p o r t .— Fiscal year ends June 30. R eport for year end
“ miscellaneous obligations" and current liabilities, including $1,004,791 matured interest coupons unpaid held by Penna. RR., $1,151,354. ing June 30,1895, was in V. 62, p. 82.
Stock, $1,714,375; par, $100.
1894-95.
1893-94.
1893.*
(12 mos.)
(13 mos.)
net,$201,914
E arning s .— ( 1895.............................. gross, $912,533;
Miles
operated.....................................
Year ending 1894.............................. gross, 904,692;
net,198,845
157
Gross earnings..........................$1,753,353
$2,088,141
$1,782,909
Dec. 31. (1 8 9 3 ............................... gross, 886,727;
net,194,247
N et earnings.............................
586,847
903,719
762,930
N e w Y o r k A P u t n a m . —Owns from 155th Street and 8th Ave. Other income...........................
23,527
27,499
28,067
N. Y. City (terminus Manhattan Elevated), to Brewsters, N. Y., 54 miles’
double-track branch to Yonkers, 3 m.; operates 4 m.; total, 61 miles
T ota l................................... $610,374
$931,218
$790,997
H i s t o r y .— Successor to the N. Y . & Northern, sold under foreclosure
on bonds................
$624,900
$587,992 ]
of 2d rnort. Dec. 28,1893, and purchased for N. Y. Central A Hudson Interest
Rentals.....................................
26,703
30,950 I
R iver RR., which operates it under lease. V. 58, p. 127.
$587,301
Taxes........................................
47,499
39,549 f
Sto ck .—Capital stock is $6,500,000; par, $100.
Miscellaneous..........................
52,649
76,777 )
B onds .—T he N. Y. Central guarantees $5,000,000 of new consol,
Balance....................... tdef.$141,376 lsur.$195,950
mortgage bonds, of which $1 ,000,000 were reserved for improvements.
Also $1,200,000 are held to retire at maturity the first mortgage 5s.
* Year ending D p c . 31.
f This deficit is attributed to tlie partial
a n n u a l R e p o r t .— Earnings are included in N . Y . Central operations.
suspension of coal transportation during the months of June, July,
—(V. 58, p. 127. 223.306, 595,636, 771; V. 60, p. 177.)
August and September. 1894, which showed a net loss over the same
N e w Y o r k & R o c k a w a y B e a c h . —(See Map Long Island R R .)— months of the previous year o f $151,859.
Owns from Glendale Junction to Rockaway Park, with branch, 12
D irectors .—President Amos L. Hopkins, Simon Borg, H. O. Armour,
miles, of which 10 miles double track, mostly 80-lb. steel; trackage to
Long Island City, Brooklyn, Far Rockaway, etc., 18 miles. Stock au Thos. A. M -Intyre, C. C. Cuyler, G. A. Hobart, H enry Sant'or 1, Roswell
thorized and outstanding, $1,000,000; par, $100. Controlled by Long Eldridge, H. B. Plant, J. W. Ogdon, G. W. Young, F. C. Lawrence. Jr.
Island Railroad Company, whose endorsement is printed on first mort —(V. 58. p. 178,306,866; V. 59,p. 420,600,1058; V. 60, p. 131,260,481,
gage bonds. In year 1894-95 gross, $231,860; deficit from operating 874, 1010, 1059 ; V. 61, p: 240, 420, 662 ; V. 62, p. 82, 85.)
(large expenses for improvements being charged against earnings),
$6,833: deficit after charges, $52,733. In 1893-94 gross, $225,100;
N e w * o r k T e x a s & M e x i c a n . —Owns from uosenberg to Victoria,
net, $5,498. Ill 1892-93 net, $51,038.—(V. 57, p. 547; V. 59, p. 780, Texas, 91 miles. Stock, $630,040, of which Southern Pacific Company
879; V. 61, p . 4 6 9 , 1155.)
owns all but $22,040. There are also $60,500 old sixes outstanding.
N e w Y o r k S u s q u e h a n n a & W e s t e r n . —(SeeMap.)—Operates Operated by the Southern PacitioCo., which guarantees the 4 p.c. bonds.
direct line from Wilkesbarre and the Wyoming Valley coal fields to Jer On June 30,1893, loans and bills payable, $600,276.
sey City opposite New York City, with branches, a total of 225 miles;
E a r n i n g s .— 11 months, >1895............ Gross, $215,672; net, $71,941
Lines owned in fee.
Miles.
Jan. 1 to Nov. 30.
(1 8 9 4 ........... Gross, 239,827; net, 98,249
Lines leased, etc.
Miles.
Jersey City to Gravel Pi., Pa. .101 Middletown Un. & Water GapH 14
In 1894 gross, $269,411; net, $113,619; surplus o ver taxes and
[Double track 19 miles.]
Wilkesbarre & Eastern—
barges, $6,853. In 1893 gross, $266,434; net, $102,865. Due South
Two bridges, N. J.,toUnionville 21
Wilkesbarre to Stroudsburg.. 65 ern Pacific Co., etc., Jan. 1,1894, $714,752.
Other branches........................ 15 Trackage, etc........................... 9
N o r f o lk A S o u t h e r n .—Owns Berkely, Va., to Edenton, N. C„ 73
Total road operated (Usee this co.)............................................... 225 miles; (ferry across Albemarle Sound to Mackey’s Ferry, 9 miles;)
thence
road to Belle Haven, 30 m iles; total main line, 103 miles.
H i s t o r y -.— Consolidation in June, 1881, of the Midland of N ew Jersey
and other railroads and on April 25, 1893, with the Hudson R iver R R
H is t o r y .—Successor to Norfolk Southern, foreclosed A p ril 29, 1891A Terminal Co. The Wilkesbarre A Eastern, completed in 1894, and In Feb., 1895, $50,000 first 5s were issued for Improvements, etc.
controlled by ownership o f stock, affords independent access to the
D iv id e n d s .—Paid first dividends in 1892, 2 p. o.; in 1893, 4 p. c.; in
anthracite coal fields. The New York A Wilkesbarre, Coal Co. was 1894, 4 p. c.; in 1895, 4 p. c.; in 1896, Jan., 1 p. c.; April, 1 p. c.
formed in its interest in 1893 to acquire coal lands and issued 6 per
A
n n u a l R e p o r t .—For years ending June 30:
cent bonds.
Other
Interest, B a l’ce fo r
In May and June, 1895, thero were some important changes in the
G t'O S S .
Net.
Income. taxes. cCc. dividends.
directory and Amos L. Hopkins was made President. The floating
$143,621
$2,041
$46,070
$99,592
debt, which had boon reported troublesome, was then taken care of. 1894-5..............$436,595
1893-4............. 435,383
146,149
2,811
50,774
98,186
Sec V. 60, p. 874, 1010,1059, and “ D irectors" below.
1892-3............. 437,160
138,104
3,010
41,114
100,000
S t o c k .— Authorized now preferred, $13,000,000; new common $13Dividends paid in 1894-5, $80,000; in 1893-4, $80,000; in 1892-3,
000,000; outstanding, preferred, see table; common, $11,849,600.
$80,000.—(V. 59, p. 151, 152, 1 1 0 2 ; V. 60, p. 302; V. 61, p. 516.)
D iv id e n d s .—On preferred stock from November, 1891, to Novem
ber, 1893, 2>a p. c. per annum ( l i t M. A N .); May, 1894, none.
N o r f o l k & W e s t e r n K B . —This system, shown to advantage on
„ „ ? ON2^’- iTlle l88ue o f refu nd in g mortgage bonds is limited to $3,750 - accompanying map, consists o f the fo llo w in g :
000. Of the general mortgage os, bonds are reserved to retire the
Road owned.
Miles.
Road leased.
Miles.
seoond mortgage lias and the debenture 6s. See mortgage abstraot V Norfolk, Va., to Columbus, 0..710 Lynchburg
A Durham—
52, p. 84. The seconds are exchangeable for generals on payment of Radford, V a.,to Bristol, Tenn. 107
Lynchburg to Durham, N. C. 115
beenPU M edtoA p?U ,F89 l; 8t° ° k ExohauS6 h.300,000 generals had Roanoke, Va,, to Hagerstown.238 Roanoke A Southern A br.—
Graham to Norton................. 100
Roanoke to Winston-Salem-.124
The term inal bonds listed in Sept., 1893, (U. S. Trust Co., trustee) are Nor. Car. Juno, to Iron Ridge. 45
an absolute first mortgage on the extensive terminal property obtained Sundry branches.................... 131
Total of all Jan. 1, 1895...1,570
from the Hudson R iver RR. & Terminal Co. and on all improvements
Double track..........................
49
to be made thereon. They thus cover 3 miles of road, o f which about
O r g a n i z a t i o n , E t c .—T lieA tlan tio Mississippi A Ohio was a consoli
dation of Norfolk A Petersburg, South Side and the Virginia A Ten
nessee roads; foreclosed February 10,1881, and reorganized as Norfolk
1sti 5s (Guaranty Trust Co., formerly N. Y.- A Western, and subsequently much extended.
G. A I. Co., trustee) are unconditionally guaranteed.—V 60 p 481
R e c e i v e r s h i p — On Feb. 6,1895, President F. J. Kim ball and H enry
The New Jersey Midland junior securities were exchangeable into Fink were appointed receivers—V. 60, p. 259. Foreclosure suits in
stock of this company on certain terms, and have mostly been so progress under 100-year mortgage and Clinch Valley and M aryland A
exchanged. Paterson extension 6a for $25,000, included in table, are Wash, division mortgages.
held by sinking fund trustees. There are also $6,000 old firsts of 1911
C o u p o n s i n D e f a u l t .—Coupons of the date given, and since, on the
outstanding, besides $75,000 Passaic A N. Y. RR. 6s, due 1910 (int J A follow
ing loans are in default,
D), interest on which is guaranteed under 999-year lease.
Bonds—
Coupons. | Bonds—
Coupons.
, J 'f « 5 - V ' i m KAr CES'_ l l l w ' 1Sll8t’ 1895, about $300,000 o f car trusts Adjustment mort......Mch. 1, 1895 I Equip, bonds o f ’8 8 . .June 1 , 1895
(o f 189o to RR. Equipment Co.) were said to have been extended for
Chinch
Val.
Div.
lsts.Mch.
1,
1895
,
Mary.
A
Wash
Is
tM
.J
u
lv
1895
seven years. V. 61, p. 240. In 1895 a ten-year collateral trust mork Roanoke A So. lsts.-.M cb. 1, 1895 N. A W., 100-yr,5s... July 1,
1 , 1895
gage tor $500,000 was issued to take up loans, of which June 30 1895
Debentures
o
f
1892..A
p
ril
1,
1895
|
Im
prov.A
E
xten
.H
6
s.Aug.
1,
1895
there were $630,077. O f those bonds $40,000 had been retired by
sinking fund to Jan. 18,1896. See “ H is to ry” above as t o change of
li Only those Improvement and Extension coupons due Feb. 1,1895,
presented prior to the receivership, Feb. 6, 1895, were paid.
Moumctoii
Pou gbkoepi
«9
S tillw ate r!
tfT'AWvahising
©
Montioello
iF o r e s f.H t y
Caceyville
Barclay
A very
/N icholson
Summit!?.
Mcsshopen
■H on ead ale
Faeloryvlllo
Now Albany
C a rp en ter
Narr<jw»t>urg
I-aihlsburg
irbondale
*.
Tu itktmnn< «k \ A rd ffm ld ;
Duahore
PECRVItLI
V itilsGat,
Sltobok
P k a n to J A
$ n i;ir > ii ru n
[aplewoo,!
^ •^ rJ A n aoS #
flick oils
Trout Hun
g \ \ i«
Nordmoilt
m
G lo n
iV k u d u rt
W I L K E S B A R R I
Uughcfivillo
O
\V. Nniilii oktu,.-: •
M uncy
cq
(irey court
’ Jr
Milford
Jamison ( y.
M aw r
t l lA M S P O R T
25
T o m /
ejjfbniumjite
SoBtstown
Q
Newburgh1
l e t o w
Ralston
Benton
Shickshinny,
Jfoctntaln Homo
p rv iu 1
tM* a port
ft
A t»fu »t»s
Beat'll H av en
Watson town
[Onuigevillc
ro
W
o
o
West Milton;
White Haven
-Neacopeo
Bloomsburj
.D a n v iU e - ^ y
L e w is bur
Montntiflon
T a t a w iF M i
\ Canxgroiu:
a
iittzictoi
w
* 7 %
'
Mountain VlewN
Norlhu inherlaull/
«
Kitigiowir
Sheiittiuioah
Sunburn
o
Mauch Chunk
Soil n« Grove
Ph
1-4
S3
Itom idu n
MiltcrsJV.
Esrton
Brook side
v*rt Clinton
WMUmatowi
MlUeraburj
Cat^Mutpi^V, IVtbl* hm
OrvflrldJ f '
ioniowiwe-5^S. IkM
Klines Cor.
WILKESBARRt & EASTERN
HARffiftBURlS
RAILROADS & CONNECTIONS,
,,
■‘N owa rk ■-/:
Ghutatette
J E R S E Y
,N | it J U fe u p U m
KHlgfc Bridge
V B to a n to m ir *
’STATEI
& m
M ilfo r d
[Kh iih I itr o o l
K le m ln g to u
Kutstown
AND
Book v ilify
5 ^ ''^
;W n T j«!,u r jr
Hamburg
Lykeus
NEW YORK
STJSQTJEH ANN A & W E ST E R N
1
Ian Valley
'M « n i» .r w b A W l- t o g o .
ftg ltm
T re v o rto n
<1
M o n td & J r
W in d U aj
B en d er* J i v V ^
lW fcerton
A llmrth
P»nptrtkirgh
% FHaaiIngioiy
Barlos
H®w H oukl
MeBean*,]
SellersTUh
r.matewu
PoyUwtOwiip
Brin<%tofi
.IgnaMitiy*
‘rineetonJ*
*3
b a u tlv l i " " i
ijoemoui
Ealont^wm
'llgbtrtewn
FHvllt,l<l\t
INVESTORS’ SUPPLEMENT.
10<>
[V ol . LXII.
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
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , A c . , s e e n o t e s
o n t ir s t p a g e o f t a b le s .
Bonds—Print iINTE RE ST ORTDrVLDENDS.
Miles Date Size, or
p a l.W lie n D u e .
Amount
Par
of
Rate per When Where Payable, a n d by Stocks—L a s t
of
Outstanding
Cent. Payable
Road. Bonds Value.
Whom.
D iv id e n d .
N orfolk <£ Western— ( Concluded.)
E q u i p , t r u s t s , g u a r , b y R R . E q u i p m ’ t C o ., g . . . c
E q u ip , t r u s t o f 1 8 9 3 , g o l d , n o t s u b je c t t o c a l l . * c
R o a n o k e A S o. l s t M . , g . , $ 1 5 , 0 0 0 p . in ., g u . p . & i . o *
E q u ip , t r u s t , $ *2 1 0 ,0 0 0 , g u a r . p . A i . b y N . A W .c *
L y n c h b u r g & D u rh a m b o u d s , g u a r .— see t h a t C o .
i ‘2*2
-
S e c u r i t i e s U n d i s t u r b e d B v R e o r g a n i z a t i o N.
1854
1866
1881
1882
1883
1889
1892
N e w S e c u r i t i e s T o b e I s s u e d i n R e o r g a n i z A T IO N .
C o m m o n s t o c k , $ 6 6 ,0 0 0 ,0 0 0 ...........................................
A d j u s t m e n t p r e f . 4 p . c . n o n .c u m . $ 2 4 , 5 0 0 , 0 0 0 . .
F i r s t c o n s o lid a te d m o r t g a g e s e c u r in g : ( P r io r L ie
P r i o r l i e n b o n d s , $ 3 ,5 0 0 ,0 0 0 , g o l d , r e d . a t 1 0 5 .
F i r s t c o n s o ls , $ 6 2 ,5 0 0 ,0 0 0 , g o l d ...............................
North C a r . — S t o c k , 6 * 2 % t i l l J a n . 2 , 1 9 0 2 — t h e n 7 % .
North Pa cijlc coast—1 s t M ., g o l d , s u b . t o c a l l a t lO O . c
G e n e r a l M . f o r $ 1 ,5 0 0 ,0 0 0 , g o l d ................................ c
No. Penn.—S tk ,. 8 p . c. g u .9 9 0 y r s . , $ 6 ,0 0 0 ,0 0 0 a u th .
2 d m o r t g a g e ( o l d 7 s e x t e n d e d i n 1 8 9 6 ) .................. 0
G e n e r a l i u o r t g a g e b o n d s ............................................o & r
B o n d s s e c u r e d b y $ 1 .2 0 0 ,0 0 0 s t o c k .......................... r
$1,000
1,000
1,000
1,000
ubond
845
845
223
76
91
86
56
86
—
1,000
1,000
1,000
1,000
1,000
1,000
500
5 0 -y e a r g o ld b o n d s , s u b je c t to c a ll a t 1 0 5 , t o b e
is s u e d o n l y i f n e c e s s a r y ....................................................................... $ 3 ,5 0 0 ,0 0 0
First Consol. M. Gold
4 s, d u e 1 9 9 6 , b e a r i n g i n t e r e s t f r o m
O c t . 1 , 1 8 9 6 ( s e e d e s c r i p t i o n o f s e c u r i t y b e l o w ) .................... 6 2 , 5 0 0 , 0 0 0
O f w h ic h f o r o l d b o n d s d i s t u r b e d ............................................... 2 3 ,3 2 2 ,6 7 5
R e s e r v e d f o r $ 2 3 ,3 8 8 ,2 0 0 u n d i s t u r b e d b o n d s ...................... 2 5 , 9 8 6 , 8 8 9
R e s e r v e d f o r e x is t in g o b lig a tio n s , o r t o r e t ir e P r io r
L i e n b o n d s i f is s u e d .....................
3 ,5 0 0 ,0 0 0
F o r n e w c o n s tr u c tio n , a c q u is itio n s a n d im p r o v e m e n t s
n o t e x c e e d i n g $ 1 ,0 0 0 ,0 0 0 y e a r l y .............................................. 9 , 6 9 0 ,4 3 6
Adjustment Preferred Stock,
4 p. c. n o n -c u m u la tiv e , w it h
p r e f e r e n c e a s t o a s s e t s a n d d iv i d e n d s , a n d w i t h r i g h t d u r
i n g f i r s t l i v e j e a r s t o e l e c t t w o - t h i r d s t h e d i r e c t o r s u n le s s
t h r e e f u l l y e a r l y d i v i d e n d s a r e p a id . N o a d d i t i o n a l m o r t .
c a n b e c r e a t e d w i t h o u t c o u s e n t o f t w o - t h i r d s i n t e r e s t ........ 2 3 , 0 0 0 ,0 0 0
A n d i f n e c e s s a r y t o l i q u i d a t e c o l l a t e r a l l o a n s a n a d d i t i o n a l 1 , 5 0 0 ,0 0 0
Common Stock................................................................................................ 6 6 ,0 0 0 ,0 0 0
T h e new 4 p er cent first consols w i l l ( s u b je c t t o t h e s m a l l a m o u n t o f
P r i o r L i e n b o n d s w h i c h m a y b e is s u e d o n l y i n c a s e o f u r g e n c y ) b e a
fir s t m o r t g a g e o n a la r g e p a r t o f th e s y s te m , v iz ., u p o n 8 4 5 m ile s o f
r a i l r o a d ; u p o n im p o r t a n t te r m in a ls a t N o r f o lk a n d L a m b e r ts P o i n t ;
u p o n t h e O h io R i v e r B r i d g e a n d t h e R o a n o k e M a c h i n e W o r k s ; b e s id e s
b e in g a c o n s o lid a te d m o r t g a g e u p o n t h e r e m a in d e r o f th e s y s te m , su b
j e c t t o t h e u n d is tu r b e d lie n s . T h e y w i l l b e fu r t h e r s e c u r e d b y t h e
e q u i p m e n t , c e r t i f i e d t o h a v e c o s t o v e r $ 1 1 ,0 0 0 ,0 0 0 , c o v e r e d b y t h e C a r
T r u s t s a n d e q u i p m e n t b o n d s t o b e t a k e n u p u n d e r t h e p la n . T h e P r i o r
L i e n b o n d s i f is s u e d w i l l b e r e t i r e d a t 1 0 5 b y s a le w h e n e v e r p o s s ib le
o f l i r s t c o n s o ls a t o r a b o v e 9 5 . U n d i s t u r b e d b o n d s w h i c h c a n n o t b e
t a k e n u p a t m a t u r i t y o n s a t i s f a c t o r y t e r m s b y u s e o f t h e c o n s o ls r e
s e rv e d fo r th a t p u rp o se m a y b e e x te n d e d o r ren ew ed .
Exchange o f Securities.— T h e
s e c u r itie s d is tu r b e d in t h e r e o r g a n iz a
t io n w ill r e c e iv e th e s to c k o n ly o n p a y m e n t o f a s s e s s m e n t:
-T o receive in —
1 st consol. P r e fd
Cash. M. bonds. stock.
Com'n
stock.
20%
75
6 7 *2
70
48
100
65
65
75o/0
1121s
75
75
I n a d d it io n d e p o s ito r s w i l l r e c e iv e , a t th e t im e o f d e p o s it t h r e e
m o n t h s ’ i n t e r e s t o n t h e p r o p o r t i o n o f u e w t ir s t c o n s o ls t o b e d e l i v e r e d
t o th e m a c c o r d in g t o th e fo r e g o in g t a b le , b e in g in t e r e s t fr o m J u ly 1 s t
t o O c t . 1 s t, 1 8 9 6 . T h e n e w f i r s t c o n s o ls b e a r i n t e r e s t f r o m O c t 1 s t
1 8 9 6 . T h e a m o u n t s o f n e w s e c u r i t i e s t o b e d e l i v e r e d as a b o v e in c lu d e s
c o m p e n s a t i o n f o r o v e r d u e i n t e r e s t a d j u s t e d t o J u l y 1 s t, 1 8 9 6
T h e d i s t u r b e d b o n d s m u s t b e d e p o s i t e d w i t h a l l u n p a id c o u p o n s e x
c e p t c o u p o n s w h ic h m a t u r e d p r i o r t o M a r c h 1 s t, 1 8 9 5 . I t is in t e n d e d
t o p a y t h e s e l a t t e r c o u p o n s in c a s h .
Deposits.— F ie l d e r s o f s e c u r i t i e s d i s t u r b e d m u s t d e p o s i t t h e s a m e n o t
l a t e r t h a n A p r i l 3 0 t h w i t h M e r c a n t i l e T r u s t C o ., 1 2 0 B r o a d w a y , N . Y
Co
m m it t e e s
496,000
5
290,000
5& 6
270,500 5 g.& 6 g.
352,800
6
100,000
5
10,900
6 g.
980,000
5
1,000,000
8
7,283,000
6 g.
2,000,000
6 g.
5,000,000
6 g5,000,000
4 g.
600,000
5 g.
J.
J.
J.
j.
j.
&
&
&
A
&
J.
j.
M.
A.
F.
M.
J.
&
&
&
&
A
&
&
j . N. Y ., Merc. Tr. Co. & Phil.
J.
do
do
J.
do
do
J.
do
do
do
do
j.
do
do
J.
do
do
j.
do
do
N.
do
do
O.
do
do
A. Feb., ’95, coup, last pd.
N. N. Y.,Mer. Tr.Co. & Phil.
J. N. Y ., Atl. Tr. A Phila.
100 66,000 000
100 23,000,000
be issued only if neces sary).
1896
N ew York, etc.
(!)
4 g.
1896
23,322,675
■ i«. A. & O. 1st coup, due Apr. 1, ’ 97
___
100
4,000,000
6*2-7 F.AA. io
Burlington, N. C.
1,000
1881
590,000
o g. M. A N. San Fran., Co.’ s Office.
1892
1,000
908,000
do
do
5 g- J. A J.
50
4,720,750 8 per an. Q .-F . Phila. Of., 240 So. 3d St.
1866 500 Ac.
1,500,000
4
M. A N.
do
do
1873
4,500,000
7
j. & j.
do
do
1.200,000
1881
6
M. A fl.
do
do
P r io r Lien
A d j u s t m e n t M o r t . 7 p e r c e n t b o n d s ..
130%
1 0 0 - y e a r M o r t . b o n d s ...............................................
6 2 *2
M a r y l a n d & W a s h i n g t o n D i v . b o n d s ................
70
C lin c h V a l l e y D i v . b o n d s .......................................
50
E q u i p m e n t M o r t . b o n d s o f 1 8 8 8 ........................
100
F i v e P e r C e n t d e b e n t u r e s o f 1 S 9 2 ....................
R o a n o k e & S o u t h e r n R y . C o . b o u d s ..................
55
L y n c h b u r g <& D u r h a m R R . C o . b o n d s
..........
35
N . & W R R . C o. c o m m o n s t o c k . .. ) O n p a y ’t
N . A W . R R . C o. p r e fe r t e d s t o c k .. I o f $ 1 2 -5 0
R o a n o k e A S o u th e rn R y . C o. s to c k . 1 p e r s h a re
L y n c h b u r g & D u r h a m H R . C o . s t o c k J d e p o s it e d .
N ew York & Phila.
Q .-J .
5 g.
do
do
5 g.
q .-j.
5 g. M. & S. Sept. ,’94,coup.lastpaid.
J. A D. Dec., ’94, coup, last pd.
6
Ap.’96-Oct.’02
Ap.’96-Jan.’03
Men. 1, 1922
June,’95-1901
July 1, 1900
July 1, 1900
July 1. 1900
Jan. '97-1900
July 1, 1900
June 30,1900
Mch. 1, 1900
May 1, 1931
Apr. 1, 1932
Feb. 1, 1934
Nov. 1, 1989
Jan. 1, 1922
k to
R e o r g a n i z a t i o n P l a n . — T h e p l a n is s u e d u n d e r d a t e o f M a r c h 1 2 ’
1 8 9 6 . b y t h e N e w Y o r k c o m m i t t e e (s e e p l a t 11 i n f u l l i n C h r o n i c l e V . 6 2 ,
p . 6 4 1 ), r e d u c e s t h e f i x e d c h a r g e s f r o m $ 3 ,2 1 4 ,0 3 7 t o $ 2 ,2 3 0 ,4 4 4 p e r
a n n u m , a r e d u c t i o n o f $ 9 8 3 ,5 9 3 ; l i q u i d a t e s t h e f l o a t i n g d e b t a n d t a k e s
u p th e c a r tru s ts . T h e a n n u a l c h a r g e s a h e a d o f t h e n e w c o m m o n s to c k
w i l l b e s m a lle r th a n th o s e a h e a d o f th e p r e s e n t p r e fe r r e d s to c k .
New Securities—T h e p l a n p r o v i d e s f o r t h e f o r m a t i o n a f t e r f o r e c l o s
u r e o f a n e w c o m p a n y , w h ic h s h a ll a s s u m e t h e u n d i s t u r b e d s e c u r i t i e s
o f t h e o l d c o m p a n y i n d i c a t e d i n t h e t a b l e a b o v e , a n d is s u e i t s o w n n e w
s e c u r itie s a s f o llo w s :
Disturbed securities—
$608,000
629,000
2,011,000
75,000
1,000
1868
1.000
1868
1868 100 &c.
1868 100 Ac.
100 Ac.
81
133
133
133
133
214
214
214
428
160
588
129
N o r f k A P e t e r s b ’ g — 2 d M . (n o w 1 s t) N o r . t o P e t ’ g . c
S o u t h S id e — C o n s o l. m o r t . , 1 s t p r e f . , e x t e n d e d . .0
C o n s o l. M . 2 d u r e f . , g o l d , e x t e n d e d ....................... e
C o n s o l. 3 d p r e f . , P e t e r s b u r g t o L y n c h . & b r ’ s . .0
do
do
o l d 6 s, e x t e n d e d J a n . 1, 1 8 9 6
V i r g i n i a &.T e n n . P r e f . s t o c k , l i e n o n 21-1 m i l e s . .
E n l a r g e d M . ( e x t e n d in . 1 8 8 4 > ................................... c
4 t h M ., n o w 2 d , L y n c l i b ’ g t o B r i s t o l a n d b r ’ c li
N o r f . A W e s t . G e n . M . . N o r f o l k t o B r i s t o l . e t c . g o l d , c*
N e w R i v e r d i v i s i o n 1 s t m o r t g a g e , g o l d ............&
Im p r o v e m e n t A E x te n s io n M o r tg a g e , g o ld ., .c ’
B c io t o V a l l e y & N e w E n g la n d , l s t M . , a s s u m . , g . c *
C o l. C o n . A T e r m . 1 s t M ., g o l d . g u . p . A i. (e n d . )c *
1892
1893
1892
1891
— L o n d o n C o m m itte e c o n s is t in g o f A le x a n d e r
R rn «m '
D i v i d e n d s o n p r e f e r r e d s t o c k — I n 1 8 8 2 , 4 p e r c e n t ; in 1 8 8 4 3 * « i n
s c r ip ; in 1 8 8 8 , 1 *2 ; in 1 8 8 9 , 3 ; in 1 8 9 0 , 3 ; iu 1 8 9 1 , 3 ; In 1 8 9 2 , A p r i l lX o •
O c t . 1 p . c t . in s c r i p , c o n v e r t i b l e i n t o d e b e n t u r e s ; n o n e s in c e .
’
'
B o n d s .— A b s t r a c t o f Clinch Valley mortgage ( F i d e l i t y I n s u r a n c e T r u s t
A S a f e D e p o s i t C o . o f P h i l a d e l p h i a , t r u s t e e ) iu V . 4 5 p 5 4 1
T h e 100-year mortgage o f 1 8 8 9 ( t r u s t e e M e r c a n t i l e T r u s t C o .) a b s t r a c t
w a s in V . 5 0 , p . 2 0 8 . A s t o Scioto Valley <£• New England m o r t g a g e
an d g u a ra n ty see Su p p l e m e n t o f J a n u a ry , 1894.
6 6
Maryland dt Washington Division
m o r tg a g e a b s tra c t V 54 p 004
A d d i t i o n a l b o n d s f o r $ 3 3 0 ,0 0 0 o n J a n . 1 , 1 8 9 5 , w e r e h e ld b v b a n k e r s
a s c o l l a t e r a l . W o o d , H u e r t i * & C o ., 3 1 P in e S t ., N . Y . i n v i t e M A W
b o n d h o l d e r s t o c o n s u l t w i t h t h e m — s e e V . 6 2 , p. 7 7 6 .
*
T‘
F i n a n c e s .— O n t h e N . Y . S t o c k E x c h a n g e iu A p r i l , 1 8 9 6 , h a d b e e n
l i s t e d $ 1 2 ,2 6 5 ,0 0 0 o f 1 0 0 - y e a r b o u d s . S e e V . 5 6 , p .^ 9 3 1 . O u J a n u a r y
1946
Oct. 1,
Feb. 10,
Nov. 1,
Jan. 1,
Feb. 25,
May 1,
1996
1896
1901
1912
1896
1936
Sept. 1, 1905
3 1 , 1 8 9 5 , t h e s e c u r e d f l o a t i n g d e b t w a s $ 1 ,0 0 8 ,4 4 8 , a n d t h e c u r r e n t
l i a b i l i t i e s e x c l u s i v e o f J a n u a r y a c c o u n t s a m o u n t e d t o $ 6 5 3 ,4 6 2 .
E x c lu s iv e o f s in k in g fu n d o f $ 1 5 0 ,0 0 0 a n n u a lly t h e p r in c ip a l o f c a r
t r u s t s d u e d u r i n g t h e n e x t e i g h t y e a r s a m o u n t s t o n e a r l y $ 3 ,5 0 0 ,0 0 0 .
T h e i n t e r e s t c h a r g e s , r e n t a l s , c a r t r u s t p a y m e n t s a n d s i n k i n g fu n d s
p a y a b le d u r in g t h e y e a r 1 8 9 5 a g g r e g a t e a b o u t $ 1 ,0 0 0 ,0 0 0 m o r e th a n
t h e n e t e a r n in g s o f 1 8 9 4 .
E a r n in g s — 2 m o n th s ,
> 1 8 9 6 .... G r o s s , $1,873,487; n e t , $433,408
1 t o F e b . 29.
5 1 8 9 5 .. ..G r o s s ,
1,512,044; n e t , 127,485
A n n u a l R e p o r t .—F i s c a l y e a r e n d s D e c . 31.
A n n u a l m e e t i n g is
h e ld a t R o a n o k e , V a . , o n f i r s t W e d n e s d a y i n M a y . F o r 1895 g r o s s , $9,662,087 ; n e t , $2,138,451. R e p o r t f o r 1894 was g i v e n in f u l l in t h e
Ch r o n ic l e , V. 60, p. 857, 871, 882.
Jan.
1894.
1893.
1892.
1891.
A v e r a g e m ile s o p e r a te d .
1 ,5 7 0
1 ,5 5 6
1 ,3 0 8
1 ,0 9 1
P a s s e n g e r e a r n i n g s .......... $1,522,134 $1,721,194 $1,880,820 $1,819,593
F r e i g h t e a r n i n g s ..............
8 ,3 5 2 ,7 5 0 7 ,8 7 3 ,7 7 3 7 , 6 3 4 ,2 3 0 6 ,9 8 0 ,1 3 0
M a i l , e x p r e s s , A c ..............
4 6 5 ,5 6 8
4 3 7 ,6 5 1
4 3 7 ,8 3 1
3 8 8 ,3 1 9
T o t a l g r o s s e a r n i n g s ........ $ 1 0 , 3 4 0 ,4 5 2 $ 1 0 0 3 2 6 1 8 $ 9 , 9 5 2 ,8 8 1 $ 9 ,1 8 8 ,0 4 2
O p e r . e x p e n . (i n c l . t a x e s ) . 7 ,6 9 3 ,9 0 5 7 ,1 9 9 ,4 6 0 7 , 0 3 1 ,6 7 3 6 ,0 0 9 ,7 6 7
N e t e a r n i n g s ............................$ 2 , 6 4 6 , 5 4 7 $ 2 ,8 3 3 ,1 5 8 $ 2 , 9 2 1 ,2 0 8 $ 3 ,1 7 8 ,2 7 5
P. c. o f op. e x . to e a rn ’g s .
7 4 -0 0
(7 2 - 0 0 )
(7 0 * 6 5 )
(6 5 * 4 1 )
In c o m e fr o m in v e s t., A c .
F r o m S h en . V a lle y fu n d t
$ 1 3 5 ,5 8 5
$ 1 4 1 ,1 8 9
.......................................
$ 1 4 4 ,6 0 6
1 1 3 6 ,2 6 0
$ 1 5 6 ,6 4 5
1 3 5 ,0 0 0
T o t a l n e t i n c o m e ..........$ 2 , 7 8 2 , 1 3 2 $ 2 , 9 7 4 , 3 4 7 $ 3 , 2 0 2 , 0 7 4 $ 3 ,4 6 9 ,9 2 0
I n t . o n f u n d e d d e b t ____
2 ,8 3 4 ,6 3 1
2 ,8 2 1 ,9 4 0 '2 , 4 2 8 , 4 5 4
2 ,2 6 6 ,1 3 0
In t . o n c a r tru s ts , A c . . .
1 2 2 ,5 5 0 )
-, o 7 o 7 q
6 9 ,6 8 4 5
1 * 7 ,2 7 8
..........................................
I n t . o n f l o a t i n g d e b t ____
R e n t a l s ..................................
8 0 ,6 4 3
6 4 ,8 7 1
4 7 ,3 0 8
...............
D iv . o n p r e fe r r e d s to c k .
..............
(2 i2 ) 1 , 0 3 0 , 0 0 0 ( 3 ) 1 , 0 7 2 , 5 0 0
B a l a n c e .........................d . $ 3 2 5 ,3 7 6
D e f. le a s e d lin e s i n t
1 4 7 ,7 1 5
S in k in g fu n d p a y m e n t s
1 4 5 ,3 0 0
T o t a l d e f i c i t ................
$ 6 1 8 ,3 9 1
d.$99,742 d.$303,688
s.$131,290
£ 5 ,4 8 5
..........................................
14 2 ,10 5
..................... ..........
$ 2 7 7 ,3 3 2
* D iv id e n d 2 *2 p e r c e n t , o f w h ic h 1 p e r c e n t in s c r ip c o n v e r t i b l e in t o
bonds.
t D e r iv e d fr o m a s p e c ia l fu n d o f $ 2 7 0 ,0 0 0 c r e a t e d u n d e r
n g -re e m e n t w it h t h e S h e n a n d o a h V a lie v .
— (V . 5 9 , p . 1 0 0 7 ; V . 6 0 , p . 2 5 9 , 3 0 2 , 3 9 0 , 3 9 2 , 4 8 1 , 6 0 6 , 7 9 5 , 8 5 * 7 , 8 7 1 ,
8 7 4 , 8 8 2 ; V . 6 1 , p . 2 4 0 , 4 7 1 ,7 0 4 , 9 2 5 , 1 0 1 3 ; V . 6 2, p . 4 1 4 , 5 0 3 , 5 9 0 ,
6 2 0 , 6 3 6 , 6 4 1 , 6 8 4 , 7 2 6 .)
N o r t h C a r o lin a . —O w n s f r o m G o l d s b o r o t o C h a r l o t t e , N o . Caro
l i n a , 2 2 3 m ile s . L e a s e d f r o m J a n . 1 , 1 8 9 6 , t o t h e S o u t h e r n R y . C o . for
9 9 v e a r s a t $ 2 6 0 ,0 0 0 ( 6 * 2 p . c . o n s t o c k ) p e r y e a r f o r s i x y e a r s , and
$ 2 8 0 ,0 0 0 ( e q u a l t o 7 p . e . o n s t o c k ) f o r b a l a n c e o f le a s e ; a ls o t a x e s .
V . 6 1 , p . 3 2 5 . O f t h e s t o c k t h e S t a t e o f N o r t h C a r o l i n a h o ld s $ 3 ,0 0 0 ,0 0 0 . T h e S o u t h e r n R y . h a s s e t a s id e $ 4 ,0 0 0 ,0 0 0 o f i t s n e w c o n s o ls t o
b e u sed , i f d e s ir e d , t o a c q u ir e a lik e a m o u n t o f N o r t h C a r o lin a s to c k .
D i v i d e n d s w e r e p a i d M . A S ., b u t i n F e b . , 1 8 9 6 , d i v i d e n d o f 3 * 2 p . c .
w a s p a id , a n d 3 p . c . h a s b e e n d e c l a r e d p a y a b l e A u g . 1 0 , 1 8 9 6 .— ( V . 5 6
p . 8 7 8 ; V . 6 1 , p . 1 5 2 , 1 9 6 , 3 2 5 , 5 1 7 , 1 1 5 5 ; V . 6 2 , p . 4 5 7 .)
N o r t h P e n n s y l v a n i a . —O w n s f r o m P h i l a d e l p h i a , P a . , t o B e t h
le h e m , P a . , 5 6 m ile s ; b r a n c h e s t o D e l a w a r e R i v e r , A c . , 3 0 m ile s .
G r o u n d r e n t s a n d m o r t g a g e s J u l y 1 , 1 8 9 3 , $ 4 5 8 ,1 2 8 . L e a s e d f o r 9 9 0
v o a r s fr o m M a y 1 ,1 8 7 9 , t o P h ila . A R e a d in g a t 8 p e r c e n t o n s to c k .
T h e 2 d m o r t g a g e 7 s d u e M a y 1, 1 8 9 6 , f o r $ 1 , 5 0 0 ,0 0 0 w e r e r e f u n d e d f o r
f o r t y y e a r s a t 4 p e r c e n t.
( V . 6 1 , p . 8 7 2 ; V . 6 2 , p . 4 6 2 .)
N o r t h & S o u th o f I l l i n o i s . —S o ld
i n 1 8 9 6 t o S t. L o u i s & E a s t e r n
N o r t h - E a s t P e n n s y l v a n i a . —O w n s
r o a d f r o m G le n s i d e t o N e w
H o p e , P a . . 2 6 m ile s .
C o n tr o lle d b y P. A R . C a p it a l s to c k , $ 4 0 0 ,0 0 0 .
o f w l i i c l i $ 3 1 2 ,0 0 0 o w n e d b y P h i l . & R e a d , is d e p o s i t e d u n d e r i t s c o l l ,
tru s t d eed o f 1892.
N o r t h e a s t e r n i t I t . o f CJeorgtia.—R o a d f r o m A t h e n s t o L u l a ;
G a ., 3 9 m ile s . O p e n e d i n 1 8 7 6 .
D e f a u l t m a d e in i n t e r e s t d u e N o v e m
b e r , 1 8 9 3 , o n f ir s t s , w h ic h a r e e n d o r s e d b y t h e S t a t e , a n d r o a d s i n c e
o p e r a t e d b y S t a t e o f G e o r g i a . S o ld iu A p r i l , 1 8 9 5 , a n d p u r c h a s e d b y t h e
S t a t e , w h i c h o f f e r e d t h e r o a d f o r s a le . N o b id s w e r e r e c e i v e d a n d t h e
G o v e r n o r is n o w a u t h o r i z e d t o le a s e t h e r o a d f o r a r e n t a l n o t l e s s t h a n
i n t e r e s t o n t h e b o n d s w h ic h t h e S t a t e h a d t o p a y .
C a p i t a l s t o c k is
$ 2 3 9 ,0 0 0 ; p a r $ 1 0 0 .
E a b n i n g s .— Y e a r e D d i n g J u n e 3 0 , 1 8 9 5 , g r o s s , $ 5 7 ,5 0 5 ; n e t , $ 1 3 ,6 3 3 .
— V . 62, p. 684.
N o r t h - E a s t e r n (S . C .)—O w n s f r o m C h a r le s t o n , S. C ., t o F l o r e n c e .
S. C „ 1 0 2 m i l e s ; le a s e s j o i n t l y , L a n e , S. C „ t o S u m t e r , S. C ., 4 0 m i l e s ;
t o t a l o p e r a t e d , 1 4 2 m ile s . O f c o n s o l i d a t e d m o r t g a g e $ 1 ,1 4 2 ,0 0 0 w a s
h e ld t o r e t i r e d e b t s o f p r i o r lie u . I n 1 8 9 5 C h a r l e s t o n & N o r t h e r n 4 p e r
c e n t b o n d s f o r $ 2 3 6 ,0 0 0 w e r e g u a r a n t e e d p r i n c i p a l a n d i n t e r e s t .
V.
6 1, p. 1105. S to c k , $ 9 0 0 ,0 0 0 ; p a r, $ 5 0 . D iv id e n d s fr o m 1 8 8 8 to J a n ..
1 8 9 5 , 6 p e r c e n t p e r a n n u m ; in J u l y , 1 8 9 5 , n o n e .
A s n d a l _ R e p o r t .— R e p o r t f o r y e a r e n d i n g J u n e 3 0 , 1 8 9 5 , w a s i p V 6 1, p . 1 1 0 5 , w it h b a la n c e s h e e t. E a r n in g s h a v e b e e n a s fo llo w s :
107
RAILROAD STOCKS AND BONDS.
A p r i l , 1896 ]
S u b s c r i b 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 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 b e s e T a b l e s .
B uiuU - 1’nnol
IN TE R E S T OR DIVIDENDS.
R AILR O AD S.
pal,When Due.
Miles Date Size, or
Amount
Rate per When Where Payable, and by Stocks—Last
of
Par
For explanation o f column headings, Ae., see notes o f
Outstanding Cent.
Payable
Whom.
Dividend.
Road. Bonds Value.
on first page of tables.
No. East Penn.—1 st M.. g.,gu. p - A L P - A R - (eudjo*
26 1890 $1,000
50
iVorth-Eastem (S. C.)—Stock...................................
500
1st mortgage, prodded for by consol, mortgage.c 102 ; 1869
102 ! 1869
500
2d mortgage. i
n
1
1
1,000
Consol.mortgage, (for $1,836,0001 gold . . . . . . . e 102 I 1883
100
83
Northern, (S ’.
5 p.e.rental till July,189'/
1,000
54| 1889
Northern C alifornia—1st mortgage, gold...... ........
50
Northern Central—Stock (38,000,000 authorized) .
i'38 ! 1855
1st mortgage, State o f Maryland loan............
138 : 1865 5 0 0 & c .
2d mortgage.......................................................c*
1,000
Consol. SI., gold; coup., lot. J U ; re*.. A * O.eAr 138 !' 1863
Consol, gem mort. t gold, s.f„ dm. at 100, A A B .e 13S 187*5 $ & £
of 1871, gold, se- * gold, $ , C 4 D ------ ---------- e 133 i1876-7 S I, 000
1.000 i
cares all equally, [g o ld , E ............................... e 13.8 i 1385
2d gen. mart., series " A ” ,v " B " (A $2,565,000).. 138 176*82 1.000
B i 1873
1.000 i
Union RR., 2d m, (now 1st) assumed $ or £, gohLe;
100 :
Northern o f Sew Jersey - stock.............. . . . . . . . . . . .
21 1887 1 0 0 A C .:
3d mortgage, now 1st (for 3700,000)................ e.
167 1895
1.000 ;
Nor.Ohio— 1st M.g. ($15,OOOp.m.}gu.p.*l.L.£.J iff.c
100
Northern Pacific—Common stock...........................
100
Preferred stock (8 per cent, not cumulative)........:
1,000
1891
Receiver's certificates, gold,red. at 101 p. c ...... c
Gen. 2d mort., gold, land grant,drawn at UO.c'.fcr 2 ,146 1383 1,000*0
Gen. 3d mort., gold, sinking fund, not drawn.c-.tr 2 ,146 1887 ■1,000*0
Consol mortgage for $180,000,000, gold...... e-.tr 3. 476 1889 1,000*6
CoIUr.note*'($15,000,000) g.,rod. af.JIfl.v I'lffi.c.tr ....
1893 , 1,000 I
18.88 1500 * 0.
Dividend uertlfleates, e x fd In '88, red. after 1892'; —
Trust equipment.............................-.............................
1,000
.James 1liv e r Valley B R 1st M.. gold ................ c '
64
1886
500 !
Cocnr d’Alene 1st M.,
not drawn........... 39
1,000
Gen. M .,$25,000 p. m., g ................................. C‘
49 1888
Hi
Other ine,
$30,817
36,133
5 g. A . & O.
Text. J. & J.
M. & S.
8
M. & S.
8
6 g. J. & J.
6 per an. Q,reJ,
5 g. J. & D.
See text, J. & J.
6
Q.—J,
A. £ O.
6
6 g. Various
g 8- J. & J.
6 g. J. & J.
4>ag. A. & O.
J. A J.
5
6 g. M. A N.
See t e x t J. A J.
J. * J.
6
5 g. |A. & 0.
See te x t
g
I g'
0 g.
5 «•
6 g'
7
6 g.
PhUa., Phila. A Read'g. Apr. 1, 1920
Charleston, Office,
Jan. 1, 1895
do
do
Sept. 1, 1899
do
do
Sept. 1, 1899
N. V., Cuyier, Morgan. .Tan, 1, 1933
Boston, 19 Milk «t.
Apr. 1, 1896
N. Y „ So. Pao., 23 Broad June 1, 1929
Balt. & Phila.; Pa. RR. Jan. 15, 1896
Annapolis.
Irredeemable.
Baltimore & Fhiladelp’ a Apr. 1, 1900
Baltimore, Treas. OtHoe. July 1, 1900
London and Baltimore. July 1, 1904
Baltimore, Treas. Office. July 1, 1904
do
do
Apr. 1, 1925
Baltimore,Treas. Office.! Jan. 1, 1926
London & B a lt
M ay 1, 1900
X. V., 199 Chambers St, Jan. 15,1896
Jer. City, Hud'n Co. Bk. July 1, 1917
N ew York.
Oot. 1, 1945
office, 45 W all St.
Q*—>
A. A O. Apr,, ’93, coup, last pd.
J. * D. June, '93, coup, last pd.
J. A D. 'June, '93, coup, last pd,
M. A N .N .Y ., Fam i'rs I,.AX.Go.
3. A J. IJuly, '93, coup, last pd.
, Office, 45 Wall St
July, '93, coup, last pd.
r t
Sept., 93, coup, last pd.
M. &
% *‘
Apr., '93, coup, last pd.
A
6 g-
April 15, 1S92
July 15, 1897
Dee. 1 , 1933
Deo. 1, 1937
Dec. 1, 1989
M ay 1, 1898
Jan. 1, 1907
Oct, 1, 1898
Jan. 1, 1936
1916
1938
SIM:
J n t , etc. -Ned, f o r die. ; each bond. Bonds for §1,500.000 “ are only to be Issued at not to ex$133,000
85.223 >eced $15,000 per mile o f completed road for such hereafter constructed
130,914
32,666 or purchased road. If any."—V. 01, p. 240, 282, 750, 794; V. 62, p. 186.
N o r t h e r n P a c if ic K i t . —L i n e of R o ad —Main line—Ashland,
* Dividends for $27,000 were paid In 1894-5, leaving deficit for year j WIs.. to Portland and Wallula Junction, Ore., 2,137 miles; Northern
« f $21,777. In 1993-04 dividends were $54,000; b at, deficit, $21,334. Pacific A Manitoba (connecting with Canadian Pacific at Winnipeg and
—(V. 57. p. 1038: V, 61, p. 1 10S.)
Brandom, 264 m iles; various other lines and branches, (including St,
N o r t h e r n (N e w H a m p s h i r e ) . —Owns from Concord, N. H „ to Paul A Nor. Pao. 103 m iles, leased fo r 999 years and entire stock
West Lebanon, N. H., 70 m iles; branch to Bristol, N. H., 13 m ; total, owned) 2,305 miles. T otal owned, 4,706 miles. Trackage St. Paul to
-83 miles. Lease to Boston A Lowell for 99 years from Jan. I, 1890, was j Minneapolis, 12 m iles; Carlton to Duluth, 12 miles: Minneapolis ter
assigned to Boston A Maine, rental being 5 per cent on stock till July 1, minals, 3 m iles: other lines, 7 miles; total trackage, etc.. 34 miles.
1897, and 6 per cent thereafter, payable to gold. In addition to the 5 Grand total In March, 1896,4,740 miles.
per cent dividends provided for by the lease, an extra 1 per cent per
HteTORV, ETC.—Chartered by act o f Congress July 2,1864. The road
annum ha* been paid regularly from the contingent fund, which on opened, 450 miles, to Bismarck, was foreclosed In 1875, and reorganized.
June 30,1891, amounted to $212,108. In 1893-0 i an extra dividend
Chicago A Northern Pacific stock for $15,010,000 (a majority interest)
of 3 percent was paid, making 1 1 per cent In all.
was acquired In 1890. The Chicago A Calumet Terminal Rail
way also was purchased, all its $6,000,000 o f bonds being pledged as
N o r t h e r n C a l i f o r n i a . —Owns from Knight's Landing to O rovllle
Cal., 54 mile--. Leased to Southern Pacific Co., which owns $1,277,500 collateral under the N. P. trust deed o f 1893 and receivers' certificates.
o f the $1,230,000 stock; par, $100. This is not the Northern Hail road See Chicago A Northern Paclfio and V, 62, p. 725. The receivers were
o f California—see that company, in 1894 gross earning* were $172,- relieved by the Court from the leases o f the Wisconsin Central and
183; net, $59,018, against $30,391; deficit tinder taxes and charges, Chicago A No. Pao. See those companies.
■$3,942, payable by 80. Pao. Co.
R kck v rush re.—In April, 1896, A ndrew F. Burleigh was receiver for
N o r t h e r n C e n t r a l. —Owns from Baltimore, M<L, to Sunbory, P a , the road In Washington, Oregon, Montana ami Idaho, 55,529 miles;
139 miles, o f which 117 miles double track—branch, 9 m ile*; leases— Edward H. M cHenry nud Frank a. Bigelow receivers for Minnesota,
KbamoUn Valley A Pottsville Railroad, 29 miles; E lm ir. A Williams- Wisconsin and North Dakota, 1,985 miles, and nlso for property In Now
port Railroad, 78 mUes: operates at cost—Klmlro A to k o Ontario R ail
p. 662,701, 750,1005: V. 02, p. 85, 139.)
road, 100 miles; Summit Branch Railroad, 20 m iles; Pennsylvania
Co u p o n ! ’ a t i i f . s t s .— The interest on the following loans has been
Railroad, 3 miles; total operated. 377 miles. Also use* New York paid regularly; Pend if Oreille and J/o. Division 6s, the firs t Os o f
Lake Erie A Western track-. 7 miles, and Philadelphia A Erie tracks 1881, the receivers' certificates, the collateral trust notes and the equip
between Banbury and Lewwport, 40 m<. and owns Colon RE.. 9 mile*. ment trusts Interest on Spokane A Palouse and Duluth A Mamtoba
O M U R U n o * . —Thta was a consolidation o f several roads In 1854. bond* Is payable under a special arrangement. See below.
Controlled by the Pennsylvania Bit., which owns $3,488,950 stock.
R eoro (StZATiON P lan —Under date ot March 16,1896, the commit
S isctn tm u Owifuo—On J *e. 1 , 1896, among the asset* held were tee consisting o f Edward D. Adams, Chairman, Louis Fitzgerald, ViceBait. A Potomac stock tpwrjaf $082,850; Elm!fa A Lake Ontario stock Chairman, John C. Bullitt, Charles 11. Godfrey, J. D. Probat, James
(allI, $1,500,000. Bhamokln V alter a PotUvUto stork, $610,850; Union Stillman and Ernst Thalman. with A. Marcus, Secretary (address Mills
S R . stock, $700,000 (the balance o f $500.OOO being held by Phila. Building. N, Y. City), issued a plan o f reorganization under thoco-operWllm. A Balto.), *U*. Value o f all, as per book*, $2,772,011. Tho In atioo of .1. P. Morgan a (Jo., i n-exel A Co. and the Deutsche Bank, and
come from Investment* In 1895 was $2s5,538.
a syndicate formed by them representing $45,000,000, which under
LIABILITIES—Join tly with the Penn. RR. and Phila. A Brie thl* com write* the cash requirement* The plan has also been approved by all
pany guarantee- the Allegheny Valley 5 percent loan o f 1870. Mort the Northern Pacific committees, including the Stockholders' Protec
gages and ground rents on January 1 .1896, were $319,830. Union RB. tive Committee, Brnytou Ives, Chairman; the Second M ortgage Com
mittee, Johnston Livlngeton, Chairman; the Third M ortgage Com
firsts for $900,000 due Jan. 1,1895, were paid from sinking fund.
mittee. Evans R. Dick, Chairman; the Collateral Trust Committee, R.
DlviOKxns paid since 1882—Prom 1883 to 18:90 Inclusive, 8; In 1887, G. Rotstou, Chairman, and the Berlin united committees.
« and 10 stock; in 1888. 7; to 1899. 81 In 1800, 8 p.
in 1991, 7 ; in
The plan provides tor: firs t. The abandonment o f Chicago as the
1892, 7; in 1993,9: In 1901, 7; In 1995. 8 p. c,; In 1896. Jan.. 4 p. c.
eastern terminus and the sale o f the Chicago A- Northern Pacific and
Es.Kn.Vte.—8 BMW.
11906............. gross, $953,087; net, $197,721 the Chicago & Calumet bonds. Second. The ultimate union o f main
January 1 to Feb. 29. )‘ 1363............. gross. 939,478; net, 243,406 | line, branches and terminal properties through direct ownership by a
A s s c a l R k po kt .—Fiscal re a r end* Dee. 31, President's report for single company. Third. The redaction of tbe fixed annual charges to
less than the minimum earning* Under probable conditions. Fourth.
1895, given at length In V. 62, p. 340,361. 369,showed the follow ing;
Ample provision for additional capital during a series o f years fo r the
Year end. Dec. 31—
1895.
1894.
1893.
1892.
development o f the property.
Miles operated.........
377
377
377
377
See details below and plan In full In C h r o n ic l e o f March 21, 1896,
Gross earnings...........$6,500,028 $6,031,200 $6,881,806 $7,191,290 p. 550.
Net earnings.............. 1,907,509
1,797,144 2,118,050 2,078,930
N ew' S e cu rities .—T he various properties w ill bo sold under one or
Other receipt*............
457,391
390,333
496.979
333,886
more mortgages, and a new company w ill Issue:
Total nettnoom *.... $2,301,900$2,183,479
$2,615,629 $2,412,816 P r io r hen 100-year gold 4 per cent* covering the main
Rental-. A c .............
453,990
485,750
500,253
142,140
line, branches, land grant, equipment, etc,, embraced
In the reorganization am! purchasable after retirement
Interest on debt.........
832,588
850,0*1
839,501
809,608
o f general lieu bonds (but not subject to call) up to 110,
Dividend*.................... (71520,267 (Tl 528,207 (8) 001,440 (8l 601,444
with land sales, not over $500,000 cash yearly to be so
Miscellaneous...... .
379,191
210,840
94,174
129,341
applied. Total issue................
$130,000,000
Balance, surplus..., $1.51.858
$109,002
$500,195
$370,193 Of which t« retire like amount Gen. 1st 6s........................ 41,879,000
- t V 58, p. 325, 3 43, 3 4 0 ; V. 60, p. 345. 3S0, 6fir, V. 62, p. 340, To provide for conversion o f Gen. 1st 0s and I f necessary
for their sinking fund....................................................... 14,057,650
3 0 1 ,3 6 8 )
To retire receivers’ certificates, equipment trust, collat
N o r t h e r n o f N e w J e r s e y .—Owns from Bergen, N. J.. to Sparkll]
eral trust Os and Gen. 2d mort. 6s..................................
40,040,350
X. J., 21 m ile*; leasee Sparkll! to Nyoek. 5 mile*. Operated under
Total present Issue................................
96,577,000
contract of April, 1869. New York Lake Erie A Western at 35 per cent To retire St. Paul A Nor. Pac. bonds at m aturity.............
8,423,000
o f its gross earning* and five fifty-sixths o f the balance. Stock, For no w construction, octlcrmcnts, equipment, eto., under
$1,000,000; par. $100. On June 30, 1394, current Labilities were
carefully guarded pro vision t, but notexeeeding $1,500,8199,387; current asset*, $201,699. O ivinesoa.—From 1884 to July
000 per annum.................................................................
25,000,000
15,1893, inclusive, 3 to 4 p. 0. yearly; 1894, July, 2 4 p. c.; In 1895,
General lien 150-usar gold 3 per cents............................... $190,000,000
4t* p. e.; in 1896, Jan., 2 p. e.
Of which reserved for prior uen bonds.............................. 130,000,000
A s s n At, R e po r t .—Fo r fiscal year* ending Juno 30:
To retire Gen. 3d mort., consols, dividend certificates and
X ta r.
G r o t *.
Set.
In l., t a x e t . H a l. , t o r .
Dividend*.
branch lino bonds..................... ....................................... 56,000,000
f -894-5..........
(4 i-j| $45,000 For new construction, betterments, equipment, etc.........
4,000,000
$138,538 $106,764 *55,332 $51,412
1893-4......... 130,187
96,303
55,6*9
41.114
(41*) 42,500 Preferred Stock, 4 p. 0. non-cuinulative, $100 shares...... . $75,000,000
1392-3......... 140,310
104,540
50,879
45,161
(1 ) 40,000
This stock is subject to call in whole or in part, at par, from time to
- ( V . 59, p, 33 l ; V, 61, p. 364.)
time, upon any first day of January during the next twenty years.
T N o r t h e r n O h io H a l I w » j r . s g l « Jfap Lake. E rie ,f Western.)—
Common Stock, in $100 shares...................................... -.,$80,000,000
Owns road from Akron to Delphi).*, O., 165 miles; branches, 2 miles.
Additional preferred stock and any other mortgages can be issued
A reorganization of Pittsburg Akron A Western sold in foreclosure only with consent o f a m ajority o f .the prof, and of the common stock
Oct. 17,1891. Rond is leased in perpetuity to Lake Erie A Western.
represented at toe meeting. Each share Is "entitled to non-cmnulative
Sto c k a * i> Bonus.—Common stock (all owned by L. E. A W .) $5,5-0,- dividends to the extent. o f 4 per cent per annum, payable quarterly
000) preferred non-enmaiative 5 p. c. stock. $050,000; par of each ont o f surplus net earnings in each fiscal year before any dividends for
$100. The first mortgage is for $4,000,000 and bonds are guaranteed, such year shall be paid mi the common at00k, and without deductlou
principal and Interest, by Lake Erie A Western by endorsement on for any United States, State or municipal taxes that the railroad com12 months. Grom,
1894-95...... $525,401
1803-94...... 562,263
Set
$107,606
100,000
900.000
820.000
322.000
694.000
3,068,100
1.074.000
7,518,150
1.500.000
1.126.000
2.804.000
1.491.000
2 ,000,000
1.557.000
3.565.000
600.000
1, 000,000
654.000
2.500.000
49,000,000
35,240,747
4.900.000
19.216.000
11.461.000
See text.
9.494.000
519,500
3,000,000
963.000
360.000
878.000
§
108
INVESTORS’ SUPPLEMENT.
[V
ol.
LXII,
S u b s c r ib e r * w i l l c o n fe r a streat fa v o r by g i v i n g Im m e d ia te n o tice 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 .
D a te
M ile s
of
of
F o r e x p l a n a t i o n o f c o lu m n h e a d in g s , A c . , s e e n o te s
R oad. B onds
o n f ir s t p a g e o f ta b le s .
Northern Pacific — (Concluded)—
S p o k a n e A P a lo u s e 1 s t M ., g o l d ............................... e*
D u lu t h A M a n it o b a 1 s t m o r t . , g o l d ......................... o*
D a k o t a e x t e n s i o n 1 s t m o r t . . g o l d .............................
H e l e n a A R e d M o u n t a in 1st M ., g o l d ....................c *
N o . P a c . A M o n , 1st M ., g ., n o t d r ’ n .....................c * & r
C e n t. W a s h in g t o n H R . 1st M . , g o l d .....................e \ t r
N o r . P a c . A M a n i t o b a T e r m . l s t M . , g ....................c *
110
110
96
17
T e x t.
108
....
1886
1886
1887
1887
1888
1888
1890
Bonds—P r i n c i
IN T E R E S T O R D IV ID E N D S .
p a l,^ W h e n D u e .
Am ount
R a te p er W h en
W h e r e P a y a b l e , a n d b y Stocks—L a s t
O u t s t a n d in g
C e n t.
P a y a b le
W hom .
D iv id e n d .
S ize , o r
Par
V a lu e.
$ 1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0
1 ,0 0 0 * 0
1 ,0 0 0 A c
1 ,0 0 0
$ 1 ,7 6 6 ,0 0 0
1 ,6 5 0 ,0 0 0
1 ,4 5 1 ,0 0 0
4 0 0 ,0 0 0
See te x t.
1 ,7 5 0 ,0 0 0
7 5 0 ,0 0 0
s «■
6 g6 g.
o g.
6 g.
6 g.
5 g.
M.
J.
J.
M.
M.
M.
j .
A N.
A J.
& D.
& S. M c h .,
A S. M c h .,
A 8. M c h .,
& j . J u ly ,
See te x t.
See te x t.
See te x t.
’93, co u p , la s t
’9 3, cou p , la s t
’ 9 3 , co u p , la s t
’ 9 3 , coud. la s t
pd.
?id.
pd.
pd.
S e c u r it ie s t o b e I s s u e d a n d A s s u m e d .
C o m m o n s t o c k , $ 8 0 ,0 0 0 ,0 0 0 , a u t h o r i z e d ................
P r e f . s t o c k . $ 7 5 ,0 0 0 ,0 0 0 , n o n - o u m . 4 p . o * ............
1 s t M . a n d Id. g r . M is s o u r i D i v . , d r ’ n a t p a r .o \ fc r
205
225
1 s t M . a n d Id . g r . P . d ’ O r. D i v . , d r a w n a tp a r .c * «fc r
G e n . l s t M . Id. g r ., g ., $ 2 5 ,0 0 0 p . in ..d r . a t U 0 c \ f c i 2 ,1 4 6
W e s t e r n R R . M in n . I s t M . R R . c o v e r e d o y g e n . M .
6 0 k!
182
S t. P a u l . N . P .G e n . M ., la n d g r . ($ 1 0 .0 0 0 , 0 0 0 ). o *& r
P r i o r l ie n 31. $ 1 3 0 , o o 0 , 0 0 0 g o l d , la n d g r ........o * .t r 4 ,7 0 6
G e n e r a l l i e n M . $ 1 9 0 ,0 0 0 ,0 0 0 , g . , l a n d g r a n t . c * & r 4 ,7 0 6
Northern Pac. T e r .C o .— I s t M . , g o ld , r e d ., a t 1 1 0 . ..o *
149
Northern Railway (C a l.) — 1 s t M ., in t . g u a r ., g o l d . .
C o n s o l. M . ($ 2 1 F0 0 0 , 0 0 0 ) . g o l d , l 8 t M . o n l 9 7 m . o * i f e r
386
Noneich tfi Worcester— P r e f . s t o c k , 8 p . c. r e n t a l ____
66
1 s t M ., p r i n c i p a l a n d in t . g u a r , b y N . Y . A N . E .o *
48
Oconee d- Western—1 s t M ., $ 9 ,0 0 0 p . m ., g o l d ............
40
Ogden .1fine RR.—S t o c k (5 p .c .r e n t .U e n . o f N . J .)...
10
Ogden
@FedFRASER