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nkstor
OF
TIIK
COMMERCIAL AM) FINANCIAL CHRONICLE.
'■A
PUBLISHED
ON
TIIE
LAST
SATURDAY
OF
EACH
MONTH.
Furnished Gratis to all Subscribers of the Chronicle.
[Entered according to act of Congress, In the
year 1877. by Wm. B. Dana & Co., in the office of the Librarian of
NEW
INVESTORS’
YORK, APRIL
SUPPLEMENT
OF THE
Cantntercial unit financial
Cjjramcl?.
The
Supp^ment is issued on the last Saturday of each month, containing
complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It is furnished without extra charge to all regular subscribers of The
Chronicle; no single copies are sold at the office, as a sufficient supply is
printed for subscribers only.
are
inserted at twenty-five cents per line;
adver.
tisements by the quarter, six months or year, at special rates.
INVESTMENTS IN APRIL.
The important feature of the month was the large decline in
railroad stocks, particularly of some of the guaranteed and other
dividend-paying stocks, which were apparently sacrificed by
investors.
In
1877.
In the table above
we
have
compared the highest prices of
stocks and first mortgage bonds in April, 1875—two
years ago—
with the lowest, or about the lowest,
prices in the present month.
1. The first point which is worthy of notice in this
comparison is
bonds are generally as high or
higher in the present flurry, than at the former period. Their
value lias not been impaired, and
although several of the com¬
panies have gone into the hands of receivers, the holders of these
first mortgage bonds feel secure in their investment.
The only
conspicuous exception to this is in the case of the C.C.&I.C. bonds,
whose value depended altogether on the Penn. Railroad
guar¬
antee, which guarantee was repudiated. 2. The next point of
general interest is, that not in a single case can it be alleged that
the decline in stocks in the above poriod
lias occurred through
any positive fraud in the management of the affairs of the com¬
panies. Even in Erie, there has been no fraud developed in the
past two years to account for the company's embarrassments. 3.
As to the general causes which have contributed to
produce the
fall iu stocks, through a decrease in
earnings, (altogether
government securities the Syndicate transactions were some¬
the foreign war prospects and the advance in aside
what lees active, as
gold here
'
the fact that the first mortgage
a
Transient advertisements
28,
Congress, Washington, D. C.l
unfavorable to their operations. Prices of fivetwenties advanced materially in the latter part of the month.
In State and municipal bonds there has been little new.
The
States of Connecticut and Pennsylvania have both offered new
loans at five per cent currency, with a limit of bids to par as a
minimum, which shows the standing of the best bonds of this
class at the present time.
The great topic of the month, however, lias*been the subject of
investments in railroad stocks and bonds, brought up for discus
sion by the heavy decline in guaranteed and other
dividend-pay¬
ing stocks in the latter part of the month. So far as a sudden
decline in valuable securities may be produced
temporarily by
speculative sales, or by the failure of large operators, the matter
is of small importance, for the real value of the
security is in no
wise affected and the capacity for earning dividends is as
great
after the decline as before it.
But when it comes to the plain
question, whether a holder of railroad stocks or bonds is liable to
were
from the
management of particular companies) we find that
with the trunk lines the chief and
almost
only cause was the
competition and “war” in rates, the volume of
traffic having been large throughout.
With the Western lines
decreased business from the construction of new roads, and low
rates imposed by State laws, together wiili a
partial failure of
crops in some sections, were the main causes.
With the coal
roads, whose vitality hung on the price of anthracite coal, the
inevitable decline which finally came with business
depression
unreasonable
was
the
source
of their late weakness.
Assuming that these causes were quite outside the power of the
companies to prevent, and were likely to take place with any com,
panies in the course of a term of years, the inquiry arises as to
the best methods of fortifying themselves and
protecting the
holders of their stocks and bonds
against possible loss in such
emergencies. The most obvious source of weakness has been in
the immense amount of debt which most of the
companies were
carrying
without
any
available
surplus
to
provide
for interest in
lose the half or whole of his investment without any
opportunity the
days
The
that the
of
trouble.
truth
must
be
well
learned
to help himself, the subject becomes one of the utmost
import¬ stock of
any company which carries a heavy bonded debt, is an
ance, both now, and as to the future of our corporate invest¬
unsafe purchase for investment.
The piling up of enormous
ments,
For the purpose of looking at the matter in a practical
obligations through the issue of bonds, or by leases and guar¬
shape let us take the securities of the following well-known rail¬
antees, has crippled more sound railroads than any other single
road companies, on which the decline has been most serious:
cause.
The railroad companies that have been careful about
COMPARATIVE PRICES APRIL, 1875, AND APRIL, 1377.
increasing tlieir liabilities—Rock Island and New York Central
Stocks.
1st mortgage.—.
most notable instances—have been remarkable for their
April,
April,
April,
April, being the
Trunk Lines—
1875.
1877.
1875.
in
1877,
strength
the recent hard times. The guaranteed securities
New York Central & Hudson
115
105%
117
85%
hardly form a separate class, as they depend upon the standing
Erie
103
32%
4%
114% of the respective
guarantors—but those companies have far the
Lake Shore & Michigan Southern.
75 %
45
108%
111% best position which would be able to do a
profitable business
Michigan Central
35%
112%
109% in case the lease is broken or the
guarantee repudiated.
Ohio & Mississippi
8
2914
•
,
Toledo Wabash and Western...
'Western Lines—
16%
.
Illinois Central
Chicago & Rock Island
Chicago & Northwestern
Chicago Milwaukee & St.
•
Paul
v
1C6J4
106%
45%
40%
3
40%
99%
85%
82
89
....
82%
109
107%
15
105%
108%
114%
11
Coil Roads—
Delaware Lackawanna & Western,
Delaware & Hudson Canal
Central of New Jersey
Guaranteed Securities—
Col. Chic. &I. C
Cleveland & Pittsburg
123
42%
111
106
121%
36
109
95
120
7%
2%
94%
Morris & Essex
Albany & Susquehanna,
108
105
115
50%
107%
28%
81
107
114
58
114
116
65
110
110
From the above remarks it may be concluded that the first
mortgage bonds of the railroads having an established traffic are
a
pretty safe investment. That the weak point in regard to rail¬
road stocks is in the possibility that the managers may incur
debts or make contracts which will take precedence of stocks.
The financial difficulties of railroads have not been
produced by
the concealment or misrepresentation of officers; the disasters
would have come just the same, but this concealment has led
many a holder of stocks to keep them long after he would
have sold out had he knovvn the true condition of the
company.
The absence of any satisfactory information about the financial
affairs of railroad corporations is one of the grossest evils of the
day, and the matter hag become as much a subject for reasonable
legislation as the regulation of savings banks or insurance com¬
panies. We suggested in the last Supplement the outline of a
jaw needed for the protection cf stockholders.
BOND TABLES.
STOCK AND
NOTES.
expressly Intended to be used in connection 'with the information concerning Investment matters, published from week to
furnished in the remarks at the foot of the tables. Annual reports are in black-faced figures.
description of U. S. Government Securities is published regularly in the Chronicle each month, as soon as the official “Debt State¬
These tables
are
week in ttie Chronicle—to which an index is
A full
ment” is issued.
quoted weekly in the Chronicle.
give explanations of each column of the tables below:
Description.—Railroads leased to others will often bo found under the lessee’s name. The following abbreviations frequently occur, viz.: M. for
“mortgage,” s. f. for “sinking fund,” 1. gr. for “land grant,” reg. for “ registered,” coup, for “coupon,” Br. for “Branch,” guar, for “guaranteed,”
Prices of all Stocks and Bonds are
The following will
end. for “ endorsed.”
Date of Bonds— The date of issue on the face of the bond
Miles of Hoad.—Opposite Stocks, this means the miles of
J
is referred to in this column.
road operated, on which the earnings are based; opposite bonds, the miles covered
by the mortgage.
Size or Bar Value.—These figures are dollars, showing the denominations or par value. The figures “ 100, Ac.,” signify $100 and larger.
Rate Per Gent.—The interest per annum is given for bonds, but the per cent of last dividend for stocks; a means gold; x, extra; s, stock or scrip.
When Payable.—J. A J. stands for Jan. A July; F. A A., Feb. A Aug.; M. A S., March A Sept.; A. A O., April A Oct.; M. A N., May & Nov.; J. &
D., Juno A Dec.; Q.—J., quarterly from January; Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Bonds,
principal when due; Stocks, last dividend—The date in this column shows the period when the principal falls due of bonds, but the time
when the last dividend
was
paid
on
stocks.
,
STATE
SECURITIES.
Subscriber* will confer a s:roat favor by giving immediate
DESCRIPTION.
Date of
Size
Bonds.
For
explanations
see
notes above.
Alabama—
State bonds, due in 1872 and extended
do
extended
do
do
Sterling bonds of 1850, extended
Sterling bonds, extended
do'
do
do
do
.
1872
18GB
1866
1870
1866
1866
1867
1866
1868
1872
1873
1874
1876
1876
Bonds of 1866
Bonds of 1868
New 8 per cent, loan of 1872
do
’
do
1873
Railroad substitution loan, gold (Act Apl.,’73)
Substitution bonds (A)
do
forRR. ($4,000 p.m. loan) (B).
Educational funded debt
1870
Direct loan to Montgomery & Eufaula RR....
1870
Direct loan to Alabama A Chattanooga RR.. .
1870 to’71
Railroad bond indorsements
State certificates and Auditor’s warrants
£ pjtfifiscig—
Funding bonds of 1860 and 1870
Funding Bonds 1870 (Ilolford—
Levee bonds (or warrants)
Old unfunded debt, including
Ten year b’ds, Act May 29,’74
interest
sinking fund bonds (Act. Dec., 1874)
Memphis A Little Rock Railroad
Secured
To
To Little Rock & Fort Smith Railroad
To Little Rock, Pino Bluffs & N. Orleans RR..
To Miss., Ouachita A Red River Railroad
To Arkansas Central Railroad
Stato 6crip
California—
Soldiers’ relief
State capital bonds
Funded debt bonds of 1873
Washington debt
Corporation of Georgetown
Other
Florida—
State bonds
Consolidated gold bouds
Loan to Jacksonville, Pensacola & Mobile RR.
Georgia—
Atlantic A Gulf Railroad bonds
Bonds, act of Mar. 12, ’66 (renewal W. & A.l.
Quarterly gold bonds, act of Sept. 15, 1870..
Bonds, act of Oct., ’70, gold (int. semi-annual)
Bonds, net of Jan. 18, ’72
Bonds for funding (Act Feb. 19, ’73)
$57,000
100 Ac.
100 Ac.
601,000
....
....
....
100 Ac.
100 Ac.
1,000
1,000
1,000
100 Ac.
100 Ac.
....
•
•
•
•
•
•
•
•
....
1,000
1,000
100 Ac.
....
....
....
1,000
1,000
1,000
.1,000
1,000
....
500 Ac.
1863
1870 to ’72
500 Ac,
1873100 Ac.
1858 to’G6
1866
1870
1870
1872
1873
705,000
172,000
4,655,000
456,000
2,810,670
300,000
2,000,000
9,193,000
998,135
1,886,000
1,316,000
1,986,773
1,985,955
258,300
•
•
•
95,500
500,000
2,801,000
4,000,000
677,300
13,743,050
1,000
100 Ac.
476,000
1,812,300
1,235,824
252,317
.
i.ooo
1,000
500
500 Ac.
1,000
1,000
1,000
250Ac.
7 g.
2 Ac.
5
152,400
350,000
899,400
4,000,000
900,000
3,600,000
2,098,000
1,880,000
307,500
1,100,500
When
M. A
M. A
M. A
June
J. A
J. A
J. A
J. A
J. A
J. A
M. A
J. A
J. A
J. A
and
and
Principal when
Due.
Payable and hy
Whom.
N.
N.
N.
1.
J.
J.
J.
J.
J.
J.
S.
J.
J.
May, 1892
May, 1886
May, 1886
June, 1890
New York.
do
do
London. Union Bank.
do
do
do
New York.
do
do
do
do
do
do r
J.
1886
1806
1886
1886
1888
Jan., 1892
1893
1894
July 1, 1906
July 1, 1906
N.Y., Nat. Bank State N. Y.
J.
6
J. A J.
m
New York.
do
m.
A J.
1889
....
N. Y.,
1899
Union Trust Co.
1900
1900
6
7
^
do
do
J. A J.
•
*1884'
10
7
7
7
7
7
J.
A.
A.
A.
A
A
A
A
A. A
A. A
J. New York, Latham, A. A Co.
N. Y., Union Trust Co.
O.
O.
do
do
do
do
O.
do
do
O.
O.
do
do
7 R.
7 g.
e g.
J.
J.
J.
A J.
6
6
J.
J.
J.
A.
A.
M.
A J.
A J.
A J.
A 0.
A 0.
A N.
6
6
6
5
‘1899 *
1900
1900
1900
April, 1900
....
A
A
1883
1885
1893
Sacramento, Treasury.
J.
J.
do
do
do
do
July, 1881
Hartford, Treasury.
Jan., 1883
Jan., 1884
do
do
do
do
do
do
do
do
do
do
Oct., 1894
Oct., 1885
May 1,1897
6
July 1,1891 *
J. A J. N. Y., First National Bank.
do
do
July 1,1891
J. A J.
do
Aug. 1, 1924
do
F. A A.
July 26, 1892
J. A J.
Washington, D. C.
Oct. 1,1901 to ’03
do
J. A J.
1892
Various New York and Washington.
Various
Washington, D. C.
do
Q.-J.
7
6 g.
8 g.
J.
J.
6 g7
365
7
7
6 g.
5, 6, 7*3
6
7
7 g.
7 g.
7
8
N.
F. A A. N.
J. A J.
Q.-J.
Y.; Importers’ A Tr. B’k.
1,1903
Jan.
do
do
A J.
A J.
Y., Fourtli National B’k. 1878-’81 and 1886
do
do
-
May, 1886
Oct., 1890
do
do
Not paid.
A. A O.
J. A J. N. Y., Fourth National B’k.
N. Y., Fourth Nat. Bank.
A. A O.
California.— The State holds in trust for School
University funds the $500,000 Capitol bonds
$2,0613,000 of bonds 1873. Total valuation of
and 5 per cent for last 10 years, for old bonds, with¬ property, 1876, was as follows: Real estate, $454,personal property, $139,217,693-total,
out any allowance for past-due coupons. The ex¬ 990,351;
This amount appears smaller from
change may be made at Montgomery, and Alabama $534,238,046.
the
deduction
of
“solvent debts” in 1876, but
& Chattanooga endorsed bonds may also be ex¬
otherwise would have been much higher.
Tax,
changed (for $1,000,000of the new bonds, class C) at
The Governor advises the
London. For railroad endorsements the bonds issued 73^cents per $100.
bear 5 per cent. ■ The report of Funding Commis¬ gradual cancellation of the bonds held in trust
sioners is iu V. 23, p. 622, and amounts above given and the purchase of foreign securities in their
are as they stood November, 1876.
An analysis of place. (V. 19, p. 3 of advertisements; V. 19, p.
the debt and funding operations is iu V. 24," p. 28. 32.)
all taxable property is given at
The value of
Connecticut.— The debt of Connecticut was all
$160,000,000; tax rate, 7*4 mills. The assessed created for war purposes, (except the loan of 1877)
valuation of real estate in 1875 was $83,851,252. (V. and has been reduced since 1866 from
$10,000,000 to
22, p. 110, 157, 205, 521; V. 2-3, p. 39, 40, 397, 622; V. the present
figures by sinking fund purchases. The
24, p. 23.)
1861 bonds are payable at pleasure since July, 1871,
and those of 1864 since October, 1874.
Assessed
Arkansas.—Rate of taxation, 10 mills. The State value of real and
personal property, $351,785,469;
is in default for interest, except on the ten per cents rate of
taxation, 1 mill.
of le74 and seenred sinking fund bonds, issued
District of Columbia.—The total assessed value
under the law of December, 1674. Assessed valua¬
tion of taxable property, $94,095,213.
The total of taxable real estate in 1875 was $93,452,684. United
interest overdue July 1, 1876, was $4,127,68?, making States Attorney-General Pierrepont rendered an
that the faith of the United States
total bonded debt. $15,905,310. A Board of Finance opinion
is pledged for the payment of interest on the
was appointed in January. 1875, to confer with bond¬
holders of the State and they issued a notice as 3.65 bonds, but conflicting legal opinions have been
as to the right of New York savings banks
quoted in V 20, p. 161; also statement of finances, rendered
V. 23. p. 174, See Chronicle, V. 19, p. 167, 189, to invest in these, as government securities. The
637; V. *20, p. 139. 161; V. 21, p. 465, 590; V. .23, p. interest due February, 1876, was not paid till March,
as
no
appropriation was made by Congress.
174; V. 24, p. 88.
Alabama.—The State gives 3i)-year bonds, dated
July 1, 1876, bearing 2 per cent for 5 years, 3 per
cent few: next 5 years, 4 per cent for next 10 years,
Where
Payable
8
8
8
5 A 8
50 Ac.
50 Ac.
m
8
1,353,120
1,000,000
•
I
g.
g.
g.
g.
6
1,000
500 Ac.
5
5
5
<3
5
6
5
8
8
256,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
100 Ac.
1,000
....
1871
1873
1870
|
509,400
877,000
1,318,500
568,500
1,741,100
1,000
1,000
Rate.
128,900
299,275
20,343
33,992
205,620
279,200
150,500
....
1870
1871
1838 to ’39
1875
1875
1869
1870
1870
1870
1870
1863
1872
1828 to ’68
Outstanding
$100Ac.
I860 to’70
Connecticut—
1861
War bonds, 10-20 year
S3
rz
1863
do
20 year
a:
1864
do
20 year
) MS
~
1864
do
10-30 year
1865
do
not taxable, 20 year
J w £
1877
New bouds, coupon, 10-20 year
District of Columbia—
1872
Permanent improvement, gold, coupon or reg.
1873
do
do
currency
1874
Fund, b’ds (U.S. guar., Acts June,’74 AFeb. ,’75)
1872
Market house bonds, coupon
1871 to’73
Potomac water bonds, coupon
Washington funding, gold
Value.
INTEREST.
’Amount
or
par
notice of any error discovered In tliese Table*.
July, 1892
April 1,1877 to
’86
The interest due Aug., 1876, and Feb., 1877, has
been provided for "by
the Sundry
(V. 20, p. 239, 446; V. 21, p. 63, 417, 465;
p. 131; V. 23, p. 542; V. 24, p. 39.)
Florida.—Less the sinking fund of $97,900,
P. and M. loan, the total debt is $1,161,700, whiGh
does not include $132,000 bonds of 1357, held by
Indian Trust Fund.
Real and personal property
are valued about $35,000,000; tax rate, 7
loan to Jacksonville Pensacola & Mobile RR. is
secured by mortgage on road, and the question as
the Stage’s
was
to the
the United States Supreme Court, and decided in
December, 1875, (V. 21, p. 591), in favor
State; no interest has been paid on these
for some years past, and the road was to be
the State in March, 1877.
(V. 21, p. 466; V.
p.
158, 233; V. 23, p. 576.)
*Civil bill.
V. 2Zand J.
mills. The
obligation
to
before
bondholders
of the
bonds
sold by
22,
Georgia.—In June, 1876, $500,000
bonds sold to
of Macon
The
pay overdue coupons on recognized bonds
So Brunswick and North & South Railroads.
State Legislature has declared void the
semi-annual
gold bonds of 1870 ($1,880,000), and $102,000
of the quarterly bonds held oy H. Clews & Co.;
the Brunswick & Albany bonds, $1,500,000; and all
except, $1,950,000 Macon *
Brunswick; $464,000 So. Ga. & Florida; $240,000 fro.
& So. Ga.; and $31,000 Memphis Branch. Assessed
value of property in 1876 was as follows: Lands,
$01,855,772; city and town property, $'54,186,037;
railroad endorsements,
personal, $99,811,941; total,
$215,853,750,
against
$261,755,884 in 1S75; rate of tax in 1877, fly*
ni1^3.
Subscriber* will confer
a
great fUvor by giving Immediate
DESCRIPTION.
Date of
Size or
par
Value.
Bonds.
For
explanation see notes on first page of tables.
Georgia—(Continued) —
Bonds to fund coupons on endorsed bonds...
end’scm’ts(ouly $2,418,000.acknowledg’d)
Brunswick & Albany Railroad direct bonds...
RR.
1870
1,000
7
J. A D.
913,164
224,000
23,000
86,000
142,300
6
6
6
J.
J.
J.
M.
J.
200,000
510,000
7
6
6
1,000
1,000
100 Ac.
1875
*
187G
....
School fund bonds (noil-negotiable)
Kansas—
18G1 to ’69 100 Ac.
1861 to ’75 100 Ac.
IS61 to ’65
Military loan
Louisiana,—
Bonds for relief of State Treasury....
....
1853
Bonds in aid of various railroads
Levee bonds—Act 35 of 1805
do
Act 115 of 1867
1866
1867
1870
1866
1870
1869
1870
1869
1869
1857
1870
1871
1869
special—Act 32 of 1870.
Bonds funding coupons
do
to Boeuf A Crocodile Navigation Co...
do
issued to State Penitentiary...
do
to fund floating debt of State
do
to Mississippi A Mexican Gulf Canal.,
do
to Northern Louisiana A Texas RR. Co.
do
school A seminary, held by St. Treas..
do
to N. Orleans, Mobile & Chatt. RR.
do * to N. Orleans, Mobile & Texas RR
N. O. Mob. A Texas RR. bonds, end. by State
Consolidated funded bonds
1874
Maine—
Civil loan bonds
1851 to’61
War loan bonds
1863
.
■
Bounty loan bonds.
do
Municipal
do
war
.
oo
1863
1864
debt assumed
1868
Maryland—
Baltimore & Ohio Railroad
sterling
Chesapeake & Ohio Canal sterling
Susquehanna A Tide Water Canal
1838
1838
1838
Railroads and canals
Eastern Shore Railroad
Baltimore & Susquehanna Railroad.
1839
1837
1870
1839
1839
1868
1870 & ’74
1872 A ’76
1872
Massachusetts—
Lunatic Hospital (Western Massachusetts)...
1857
1861 to’62
Back Bay Lands Loan
1862
Bounty Fund Loan
Bounty Fund Loan
do
do
sterling
War Loan, sterling.
Troy & Greenfield Railroad loan,
do
do
500
1860
1857
Boston, Hartford & Erie Railroad, sterling... 1868 to ’69
Harbor Land Improvement (5-20s).
1874
1,000
207,000
1,000
526.000
500
100 Ac.
747,500
1,000
1,000
1,000
1,000
1,000
1,000
1874 & ’76
1875-’76
1875
Macon & Brunswick Railroad endorsement was de¬
clared valid by Legislature of 1872. but the later
issue of $600,000 was declared void by the Legisla¬
ture in 1875.
Governor’s Message, V. 24, p. 89.
(V. 22, p. 410, 590, 614; V. 23, p. 622; V. 24, p. 89,
152.)
1,672,000
260,000
10,000
184,000
70,000
2,500,000
875,000
100 Ac.
9,306,900
500 Ac.
500 Ac.
25,500
1,000
500 Ac.
100 Ac.
....
_
_
_
_
385,000
307,000
2,330,000
2,826,900
2,028,888
2,551,444
434,000
155,615
31,069
269,000
528,355
298,435
62,605
....
1,000
500
1,000
225,000
465,000
454,361
4,379,500
4,000,744
999,944
554,180
966,500
2,952,400
5,598,912
1,497,980
700,000
1,300,000
5,000
1,000
200,000
400,000
£200
3,599,024
1,000
1,000
1,000
700,000
£500
1,350,000
1,100,000
1,292,280
'
•
$300,000 per year to the State
the total assessed value
as
revenue.
equalized
was:
For 1876
personal
M.
M.
F.
J.
A.
A
A
A
A
&
5 g.
5 g.
5 g.
5
5
3
6
6
6
6
6
6
6
J.
J.
J.
5
5
5
5
5
5
5
5
5
5
5
5
5
5
5
6
5
5
5
was
levied in the State:
Indiana.—There are also $139,000 of war bonds.
There is & question as to the State’s obligation to
pay the Wabash & Erie Canal debt. A reference
to the origin of that debt,
arising from the State’s
compromise with the bondholders in 1S46, will be
found in the Chronicle, V. 19, p. 493; see also p.
526. A suit on the question was brought and decree
of sale obtamod (V. 21, p. 85; V. 22, p. 104,615). Tax¬
able valuation, 1876—real estate, $638,246,860; per¬
sonal, $ 22,36>,781; railroads, $38,208,935; corpora¬
tions, $4,900,811; total valuation,
$864,720,440,
against $897,739,783 in 1875, and $933,581,067 in 1873.
Tax rate, 13 mills.
A law permitting towns to
issue bonds was passed in 1875, the main section
being
“
as follows:
Section i.—Be it enacted by the General Assem¬
bly of the State of Indiana, That any corporated
*
town in this State winch shall have heretofore, by
the action of its Board of
Trustees, commenced the
erection of any public buildings, to be used as a
market house, engine house or other public pur¬
poses, and shall not have the necessary means with
do
New York.
April 1, 1878
April 1,1879
do
N.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
g.
gg.
g.
g.
g.
g.
g.
5 g.
5 g.
N.
Y., Donnell, L. A Co.
do
do
1884 to’99
O., Louisiana Nat. Bank.
N.
do
do
do
O.
J.
J.
J.
A
A
A
A
A
A
A
J.
J.
J.
N.
N.
J.
O.
A O.
A O.
A J.
A J.
A J.
J. A J.
A. A O.
J. A J.
J. A J.
J. A J.
Various
Various
J. A J.
Tax rate, 55$ mills for State purposes.
610,9*25 of the bonds. (V. 20, p. 14;
State funds hold }
V. 24, p. 40.)
1899
1909
1897
July 1,1910
Jan., 1914
March
do
do
do
1890
1#90
1865
1880 A 1890
1890
1890
1885
1890
1890
1883
1885 A *89
1887 A 1891
do
do
-
j..
do
do
do
->
do
do
do
do
Boston, Treasury.
do
do
do
do
do
*
do
do
do
do
do
London, Baring Bros.
do
do
do
do
Boston, Treasury.
London, Baring Bros.
do
do
do
do
Boston, Treasury.
do
do
do
do
do
do
London, Baring Bros.
Boston, Treasury.
Boston, Treasury.
do
do
London, McCalmonts.
1,1878
March, 1883
Aug. 15,1880
June, 1889
Oct., 1898
do
do
J. A D.
M. A N.
the issues of municipal bonds have been large.
The
valuation of
real and
personal property
in 1876 was $132,144,580, of whicli $23,04^,801 was
May, 1910
do
do
do
do
do
do
do
do
do
do
do
....
small State debt, but
1886
1886 A ’88
Jan. 1, 1890
March 1,1909
Baltimore, State Agency.
A J.
annually or semi-annually, as may be therein pro¬
vided, to provide the means with which to complete
such
provided that
such
bonds
buildings;
shall not be sold at a price less than ninety-
*
May 1, 1907
March 1, 1875
Y., Winslow, L. A Co.
Q.-J.
that may be designated in the bonds; the principal
in not less than one year nor more than ten
years
after the date of such bonds, and the interest,
1872 to 1906
April, 1911
London, Baring Bros.
A
A
A
A
July, 1893
do
do
•
Quart’y
J.
J.
J.
M.
M.
J.
A.
A.
A.
J.
J.
J.
1883 to ’84
1878 to ’99
N. Y., Winslow, L. A Co.
do
do
N. O., Louisiana Nat. Bank.
do
do
N. Y., Winslow, L. A Co.
do
do
N. O., Louisiana Nat. Bank.
N. Y., Winslow, L. A Co.
N. O., Citizens’ Bank of La.
N. Y., Winslow, L. A Co.
A. A 0.
A.
J.
J.
J.
do
do
do
Q.-J.
J.
no
& J.
A J.
& J.
aggregate $10,000, in denominations of not less than
nor more than $500, and payable at any place
personal.
Various
Jan-, 1 880
Jan., 1880
Jan., 1880
do
Augusta and Boston.
which to complete such building, on the passage of
ordinance authorizing the same by the Board of
Trustees of said incorporated town, issue the bonds
of such town to an amount not exceeding in the
a
Jan., 1878
do
do
0.
an
Kansas.—Kansas has but
do
do
do
do
Boston, Suffolk Bank.
State taxes,
$3,966,596; County taxes, $6,438,787; City taxes,
$6,995,662; Town, district and other local taxes,
$11,606,414; total, $29,007,401. (V. 24, p. 40.)
Dec., 1890
Y., Am. Exchange Bank.
S.
S.
A.
D.
property,$206,908,736; lands,$4<i0,119,292; town and four cents’ on the dollar, nor bear a greater
city lots, $261,795,241; railroads, $38,926,090; capi¬ rate of interest than eight per centum per
tal stock of corporations, $3,373,751;
total, $1,001,- annum.” A similar law was passed for counties.
123,110. State tax in 1876, 2-8 mills. For the year (V. 22, p. 209.)
1875 there
•
6
6
6
6
6
$50
Illinois.—The debt has been rapidly reduced of
late years, and, without the addition of new loans,
will soon be extinguished.
The Illinois Central
Railroad charter tax on earnings contributes over
J. N.
J.
J.
8.
J.
A J.
& J.
J.
July 1, 1896
Not paid.
July.
J.
6 g.
50,000
220,000
600,000
888,000200,000
due.
Various
•
3,226,750
100 Ac.
A
A
A
A
A
6
J. A J.
6
Various
8
Various
6
M. A N.
8
M. A S.
6
J. A J.
8
J. A J.
7
M. A S.
M. A N.
6
7-30 M. A S.
A. A 0.
8
Various
6
8
J. A J.
A. A O.
8
8
7
J. A J.
100,300
80,000
87,000
1,000
1,000
1,000
'
Danvers Lunatic Hospital.
Lunatic Hospital, Worcester
New State Prisons, sterling
289,000
J. N.
A. A O.
A. A O.
G
7
7
739,000
120,000
518,000
1S63
1,000
1863
1,000
:...
1864
500 Ac.
1864
£100 Ac
1869
£200
1858 to’61 £200 Ac
sterling
home
1861 to’63 500 Ac.
1868
sterling
£100
1871
200 Ac.
sterling
1875
sterling
£500
dollar bonds 1873 to ’74
1,000
do
1875
1,000
do
do
do
do
do
do
do
do
do
do
Southern Vermont Railroad Loan
Norwich & Worcester Railroad Loan
101,175
1,000
Various.
Chesapeake A Ohio Canal
Baltimore A Susquehanna Railroad.
Annapolis & Elkridge Railroad
Defense Bounty Loan
Deaf and Dumb Asylum Loan..-.
Maryland Hospital Loan, 10-15 years
Maryland State Loan
Union Fund Loan
Coast Defense Loan
6
6
3,904,783
Bonds for various State purposes
Y., Fourth National Bk.
J. A
-1,000
Bonds, 18G1 to ’60, funding, Ac
Payable
7
1817
Principal when
Where payable and by
whom.
$500,000
do
do
Rate.
7,545,900
1,500,000
Indiana—
— —
outstanding.
When
$1,000
Refunded stock bonds
Normal University bonds
Thornton loan bonds
War bonds
do
INTEREST.
Amount
1876
1870 to’71
Illinois—
Interest bonds, inscribed stock
Bonds, short loan
notice of any error discovered In these Tables.
1887
,
June, 1877
May, 1880
July, 1877 to ’78
July, 1883
July, 1883
May, 1894
May, 1894
July, 1889
Oct., 1888 to ’90
April, 1890 to ’94
April, 1882
July, 1891
Jan. 1, 1895
July, 1891 to ’94
July, 1895
April, 1890
July, 1877
Jan. A July, 1900
July, 1894
July, ’94-Sept., ’96
May, ’95-Sept., ’96
Jan. 1, 1895
$150,507,073; personal. $40,349,547; of which New
$98,463,269 of real and $26,118,883 of
personal.
The gross revenue in 1875 was $3,286,153
and expenses $3,185,707.
The $2,500,000 bonds to
Orleans had
N. O. Mob. & Texas Railroad have been declared
void by State Supreme Court, but a re-hearing
granted.
(V. 20, p. 78, 83, 476, 521, 546; V. 21, p. 15,
63, 110, 159, 231, 4S9, 535, 613; V. 22, p. 62; V. 23, p.
525, 595.)
Maine.— The sinking funds ($791,293), January,
1877, reduce the total debt to a net amount of
Valuation of total taxables in 1875,
$5,129,107.
$255,000,000; tax rate in 1876, 3% mills.
Maryland.—The assessed valuation of property in
was $429,112.4'8, on which the rate of taxation
was 17)$ cents per $100; income from dividends
on railroad, canal and other stocks owned
by the
State was $72,562.
The State has largely assisted
canals and railroads, and holds $4,454,370 of stocks
and bonds of companies paying interest
promptly,
leaving only $6,276,154 of debt without any offset;
the State also holds $22,957,935 in unproductive se¬
1876
curities.
Louisiana.—The funding bill passed Jan. 24, 1874,
scaled the debt down to 60 per cent of the face value.
For coupons lacking on bonds funded, similar coup¬
out from the new bonds issued; interest on
consol. 'Donds is paid in New York, but no inter¬
ons are
est
paid on bonds unfunded. These consols, were
admitted to New York Stock Exchange, May,
1876. In December. 1376, there were nearly $3,000,000 old bonds in New Orleans awaiting funding, but
the Governor would call no meeting of the Board to
act on them.
The principal bonds not fundable are,
$119,000 of RR. bonds; $48.000school; $260.000Miss.
A Mex. Gulf Canal; $80,000 Boeuf & Cr. Nav.;
$875,000 N. O. M. & Tex. endorsed; and $2,500 000
N. O. Mob. & Texas. The same tax of 14)$ mills,
in 1875 as in 1874 (in 1873 tbs rate was 21)$ mills )
The total assessed value of rsil estate m 1875 was,
Massachusetts.—AM interest on the funded debt of
paid in coin.
The credit of
nigh in London and at hGme.
During 1876
the funded debt was reduced
Massachusetts is
the State stands
$336,0,0.
The sinking funds in January, 1876,
$11,725,309. The Hoosae tunnel has cost
were
the
State about $17,200,079.
1876,
$1,262,142 326;
bank
shares, $538,405,162;
m
Real estate assessed
persDnal,
including
tax rate. 1875, 1 •06mills.
The loan to B. H. & E. Railroad
was
secured by deposit of $3,600,000 “Berdell”
mortgage
bonds, afterwards exchanged for
V. 21, p. 277; V. 22,
354.)
20, p. 33G, 521;
new
p.
stock.
(V.
62; V. 23, p.
Subscribers will confer a
great favor by giving
[April 28, 1877.
SECURITIES,
STATE
T*
Immediate notice of any error discovered in
these Tables.
INTEREST.
Date of
Bonds.
DESCRIPTION.
For explanations see
notes on first page of tables.
Michigan—
Renewal Loan Bonds
Two Million Loan
War Bounty
Bonds
Sainte Marie Canal bonds
Minnesota—
State Building Loan
do
do
do
do
do
do
coupon
Railroad Bonds (not recognized)
Missouri—
State bonds
Consolidated bonds
,
Southwestern Branch Pacific
Funding bonds
1807
1808
1801)
1873
1858
1,000
1,000
1,000
1,000
1,000
1,000
1,000
5-20s, (act Moll. 29, ’75)
Hannibal & St. Joseph Railroad
do
do
renewal
Renewal bonds, coup.,
Nebraska-Bonds (act Feb. 14,1877) coupon
Nevada—
State bonds
Territorial bonds
New Hampshire—
War loan, coupon bonds
do
do
Municipal war loau
State bonds
New Jersey—
bonds, tax free
do
do
do
taxable
New York—
General fund debt—deficiency loan
War loan
do
do
Canal
debt,
<
1877
1,000
500,369
1871
1872
1,000
1,000
100.000
1801
1804
1872
1873
1,000
100 Ac.
100 Ac.
213,000
000,000
2,200,100
1801
1803
1804
3 00 Ac.
300 Ac.
100 Ac.
800,000
1,000
V
Registered loan, payable after June,
do
do
do
1881
June, 1886....
Oregon—
Bounty bonds
Modoc war bonds
Willamette Canal and Lock
Pennsylvan ia—
New bds, reg., tax fr.,
Inclined plane loan
Coupon loan (except $53,000 reg.),
do
April 2
do
May 4
Stock loau of Feb.
,
(registered).
do
do
(coupon)
do
do
do
do
do
do
(registered)
(registered)...,
(registered)
Agricultural College laud scrip.
Assessed valuation of real
1870, $6.30,000,000. and tax
Surplus revenue is applied to pur¬
rate 2Jtf
mills.
chase of bonds.
(V. 20, p. 139.)
A
A
A
A
A
A
A
A
A
J.
O.
J.
O.
J.
O.
J.
O.
O.
Now York.
do
do
do
do
do
A J.
A J.
A J.
5
F.
J.
J.
J.
A A. Pliila., Farm.
do
A J.
do
A J.
do
A J.
do
A A.
do
A A.
do
A A.
do
A A.
do
A A.
do
A A.
do
A A.
5 g.
5 g5 g.
0
0
5
0
5
6
273,000
7,423,400
309,000
90,400
9,251,850
723,950
500,000
....
$596,934,707,
4*2g.
441.500
50 Ac.
500 Ac.
50 Ac.
50 Ac.
50 Ac.
—
against $612,731,094 in 1875.
.
.
1,158,327,371
1,532,720,907
1,599,930,166
1,644,379,410
1,692,523,071
1,750,698,y18
1,989,352,703
2,108,325,872
392,552 314
431,28V278
452,637,732
147,243,035
437,102,315
418,608.955
407,427,399
357,941,401
State tax.
4 53-80
7 41-156
5 79-120
9\
6 95-100
7X
6
3 11-24
been a real increase in value to the extent
shown by the figures. Local taxation was $10,632,718 on town taxes, and $32,986,475 on county taxes,
not
Nevada.—The debt of Nevada is hardly more than
making, with the State levy, a total of $52,148,303
raised by taxation, of which $30,105,108 was in
New York City.
In 1874, the local debts of
cities in New York State were $137.539,6.9; of
counties, $46,085,264, and towns, $25,140,131.
(V.
22, p. 63,471; V. 24, p. 17.)
nominal.
New
the princi¬
.
Personal.
$307,349,155
the tax rate was reduced
partly owing to the con¬
siderable reduction in the Bounty debt, and the in¬
crease of sinking fund resources.
For 1876-7 the
Comptroller recommends a tax rate of 2% mills.
He disapproves of the large increase in the assessed
value, as shown above, and claims that there has
Nebraska.—Of these the State school fund holds
$413,000. (V. 24, p. 204.)
pal is nayable $100,00-1 per year. Valuation of real
property in 1876, $ 145.918,221; personal $169,497,340;
.
Real Estate.
$1,097,564,524
North Carolina.—North Carolina
isheavilyburden¬
ed with debt, ia proportion to her taxable property.
Total property was assessed in 1872 at $123,507,628. a
low valuation.
Interest is paid on bonds issued
I to North
Carolina Railroad ($2,800,000), as the
State holds $3,000,209 stock and receives div¬
I
1879 to ’80
Jersey City.
do
do
July 1,1891
Oct. 1, 1892
1868
1868
1868
1868
to’98
to’98
to’98
to’98
Jan., 1900
Oct., 1893
Indefinite.
Oct., 1808
1898 to ’99
Y., American Exeh. B’k.
do
July, 1881
Jan.,
18§7
1884
1880
1880
Stato Treasury.
do
do
do
do
A Mecli. B’k.
do
1,1*888
Jan.
New York.
do
do
Jan., 1878 to’84
Jan., 1886 to’96
Jan.,’97 to 1902
July, 1878
Oct., 1893
Dec., 18fl"7
July, 1887
Raleigh, Treasury.
F.
F.
F.
F.
F.
F.
F.
F. A A.
For the fiscal year, 1875-6,
to 3 11-24 mills.
This was
321.)
Jersey.—The debt was created for war pur¬
.
,.
A
Hampshire.— The debt of New Hampshire
was created for war purposes, and is being gradually
reduced. The Municipal loan of 1372 was issued to
cities and towns, the proceeds to be applied to their
war debts.
Total valuation in 18.6, $199,089,353.
T*x rate, $2 per $1,000.
.
..
dangerous forgery of bonds to Pacific Railroad,
guaranteed, has been found. The Hannibal & St.
Joseph Railroad provides for its own debt. (V.
22, p. 83, 591; V. 23, p. 135, 397, 493; V. 24, p. 171,
J.
A.
J.
A.
J.
A.
J.
A.
A.
J.
J.
J.
1870....
1871....
1872....
1873....
1874....
1875....
1676....
To provide for'these, a
the sale of new bonds.
Of the first two classes of bonds
N. Y\, Manhattan Bank.
do
do
do
do
do
do
do
do
do
do
do
do
Trenton and
do
do
7
7
7
l8i>5....
Missouri.—The equalized valuation of all real
and personal property in 1876 was $1,001,123,110.
The State had $1,428,000 bonds maturing in 1875,
New
J.
J.
J.
J.
J.
J.
O.
do
do
26,500
Year.
18.59.*...
$45,162,467 was personal; in 1876, $218,8-50,744, of
which $45,302,4*5 was personal; State tax, i mills;
tax fer all purposes, 16 6-10 miiL.
(V. 19, p. 493;
V. 22, p. 63, 567; V. 24, p. 40, 170, 227.)
poses.
A
A
A
A
A
A
A
The last of Bounty debt was
paid off and $2,100,0J0 of general fund debt, April,
1877. An abstract of the Comptroller’s report was
given in V. 21, p. 17. The following were valua¬
tions and tax rate for State purposes in the years
1859 and 1S63, and from 1870 to 1876 :
permanent school fund. Minnesota has been
repudiating States, in consequence
of her refusal to recognize the “State Railroad
bonds ” of 1858 to the amount of $2,275,000, but h
law of 1877 provides for a settlement with the hold¬
ers.
Taxable property, 1S75, $218,855,743. of which
and $3,907,000 in 1876.
law of 1875 authorized
J.
J.
J.
J.
J.
J.
A.
0 g.
5 g.
July, 1878 A '78
Sept., 1884 to ’89
Jan., ’92 to 1905
Boston.
do
6 g6 g6 g.
0 g.
0 s0 g.
6 g.
or
do
do
do
A J. N.
A J.
2,804,000
1881 and ’82
Maroh, 1887
A J.
A J.
A J.
Indian annuities.
classed among
Concord
J.
J.
1,000
3,000
3 ,000
1,000
3,000
April 1,1897
Treasury.
6
6
400,000
395,000
87,000
1895-6
1887 to ’95
do
4,072,610
2,400,000
100 Ac.
July, 1894
N. America.
300 Ac.
100 Ac.
100,000
1877 to ’89
1889 to’90
1877 to’89
1876 to ’87
1876
do
do
do
do
do
1800
1850
....
1877 to '88
do
do
do
3,000
1,000
....
July, 1892
J.
J.
J.
New York.—There is also $68,000 contingent debt
of Long Island Railroad, and $7,361 per annum for
the
do
do
do
State Treasury.
do
J.
S.
J.
J.
State tax, 3 mHls.
Minnesota.—All the State bonds are now held by
State
1883
1888
of Commerce.
0
0
0
*
Sc ’83
May, 1890
'July, 1879
Dec.., 1887
100 Ac.
100 Ac.
Michigan.—The debt has been largely diminished j total,
in the iast few years.
and personal property,
do
do
do
0
6
0
6
6
6
0
0
0
0
18^8
1877
1878
1879
1883 to 1903
Treasury.
1800
1808
1807
1808
1877
1849
1852
1852
1852
1852
1853
1807
1807
1807
1807
1807
1872
Registered loan, May 4
Coupon loan (except $41,000 reg.) of April 10.
St. Paul,
do
do
do
4,738,800
3,039,400
2,383,000
1,095,000
2,417,400
1,713,400
383,045
44,000
11,407,000
1870
April 2
do
A
A
A
A
0
130,991
red’mable ’02, due 1902
do
J.
M.
J.
J.
6
0
800,000
473,000
880,000
1,502,900
847,500
4,302,000
2,000,000
P
'C2 cc
J.
J.
J.
J.
D.
9*2 A 10 Various
M. A S.
9*3
-
do
do
do
do
A. A O.
8
800,000
1,000
1,000
Ohio—
0
900,900
593,400
500 Ac.
500 Ac,
Registered certificates of literary fund
Penitentiary bonds, aot Aug. 24, 1868
Special tax bonds
J. A J. N. Y., Bank
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
do
J. A J.
J. A J.
N, YT., B’k
do
J. A J.
0
500,000
1872
1873
1873
1874
North Caro Una—
Railroad and improvement bonds, old—
do
do
do
old....
RR. and improv’t bonds, new (not special tax)
do
do
do
do
Funding bonds, since war
do
do
0
0
0
0
6
0
0
0
0
0
0
0
2,250,000
1,000
I
A
A
A
A
A
403,000
104,000
......
Under Art. 7, Sec. 3, of Con¬
stitution and Art. 7, Sec. 12.
J.
J.
J.
J.
J.
2,727,000
1,000
1,000
1,000
1,000
1,000
3 ,000
3,000
1,000
1,000
1,000
co
7
7"
7
7
7
439,000
1,000
3,000
1,000
392,000
504,000
1,872,000
2,973,000
784,000
1,000,000
3,805,000
2,715,000
285,000
1848
1875
0
7
100,000
100,000
50,000
250,000
2,275,000
Y., Am. Exohange Bank.
A J. N.
A J.
A N.
A J.
0
Due.
Whom.
Payablo
J.
J.
M.
J.
0
822,000
357,000
40,000
Prinoipal—When
Payable and by'
Where
When
Rate.
$303,000
1,000
1857 to '00
1874
1875-0
1857 to ’75
1874
Railroad
outstanding.
$1,000
1808
1872
1874
1854 to '58
1857 to ’59
1859 to ’00
1854 to ’59
1853 to’59
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
Amount
par
Value.
1858
1803
1805
1851)
1805 to’GG
University and Lunatic Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo A Fulton Railroad
Size or
do
do
do
do
do
do
do
' do
do
do
do
1, 1902
April, 1879
July, 1882
July, 1882
Aug., 1877
Aug., 1877
Aug., 1878
Feb., 1877 to ’82
Feb., 1877 to '82
Feb.
Feb., 1877-1882
Feb., 1882-1892
Feb., 1882-1892
Harrisburg Treasury.
idends thereon. Other interest in default. A fund¬
ing bill passed the Legislature March, 1875. (See
Chronicle, V. 20, p. 336.)
In New York, bonds
are classified'thus: “Old,” being those issued prior
to May 1, 1S61, coupons on from Jan. ’69; “N. C. R.
R.” issue of $2,800,000 to that road, coups, on since
Jan. & April, ’69; fame “coup, off” nave had 7
coups, paid; “funding act ’66 cirry coups. Jan.,
’69; “funding act”
’68 carry coupons April,
’69. “ New ”—authorized before wrar, except $1,500,000 in 1868; “Special tax, 1st,” carry coup. April,
’69; “ 2d ” coup, of Oct. ’69: “ 3d ” coup. April, 1870.
(V. 21, p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17,226.)
Ohio.—Ohio has
a
very
small State debt, but
large local debts, amounting in 1876 to $36,059,978.
Valuations in 1876 were : Real estate in cities, &c.,
$371,84S,028; other, $704,940,269; personalty, $520,651,599. Tax rate in 1875, 3 2-10 mills for State, and
an
mills for local purposes.
average of 23 9-10
Report on State and local debts, V. 22, p. 64; Y.
21, p. 17.)
Oregon—The debt is provided for by sinking
funds, payable from land sales. Taxable property
in 1875
wras assessed at $41,197,149; % mill tax
was laid for Relief bonds and 1 mill for Bounty
bonds.
Pennsylvania—A.
new
5 per cent loan is offered
of
Total debt
$9,054,910;
for State
real estate, and revenue ia raised
$8,000,000, to take up maturing bonds.
Nov. 30, ’76, $22,978,950; available assets.
net debt, $13,924,009.
No tax is laid
purposes on
principally from corporations. Taxes are levied
on personal
property, which was assessed at
$159,318,817, and the tax was $574,817 in 1616.. State
expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.
The State holds $1,751,321 in stocks and $8,300,000
of railroad bonds. Interest is paid in gold on all tte
State debt issued prior to 1867.
Any coupon bonds
may be changed to registered.
The bonds due in
1877 are payable at any time till 1882; those of 1882
till 1892. (V. 21, p. 137; V. 22, p. 64.)
STATE
April 28, 187/.]
SECURITIES
VI2
Subscribers will confer a great favor by giving immediate notice of any error discovered in these Tables.
DESCRIPTION.
For explanations seo notes
Date of
bonds.
on lirst page of tables.
Rhode Island—
War bond—do
do
do
—
South Carolina—
State stock
State House st*ock
do
bonds
Payment of interest
Funding bank bills
Conversion bonds and stock
Land commission bonds.
Fire loan bonds, sterling
do
stock, domestic
:
Bonds—Relief State Treasury
Reduction of Public Debt stock
Consolidated bonds, coup. (Funding act)
do
stock (Funding act)
Railroad endorsements
$989,000
1,000
1,000
200,000
031,000
1,000
738,000
1704
Various
Various
289,172
bonds, act of 1873
Bonds registered, act of 1873
Fundable bonds and coup, not yet presented.
Bonds, registerable, not presented
Held by E.T. University (not to bo funded)...
1874
Various.
Various.
Various.
500,Ac.
....
1,000
1,000
o
o
0
o
o
72,000
149,000
242,350
451,000
13,000
481,944
151,780
7,000
241,257
1,000
500,Ac.
500,Ac.
Funding State debt
Redemption of debt, act Aug. 0, ’7G
Vermont—
War loan bonds, coupon
registered
do
Virginia—
0
149,254
4,797,008
0
6,017,000
0
5 A 0
Various
1,000
390,000
1,000
200,000
499,000
1,000
697,000
1,000
1,000
500,000
23 fundable, coupon
do
registered
sterling, not required to be funded
Consol. (Act Mar. ’71) coup, tax receivable—
do
do
reg., conv. into coup...
do
(Act 1872) coup., not receivable
,J3
do
do
reg.,
do
Doferred certificates (\V. Va.)
Interest on sterling debt, funded (Act 1871)..
Interest unpaid Sept. 30, ’70, on.debt proper.
Rhode Island—The debt was all created for war
purposes and is being steadily diminished.
The
valuation of real property in 187G was glS5,159,84s,
and personal, $86,89 .',928, and tax rate 15 cents on
$100.
1802
1802
100
1,000,000
1,079,974
1,000
1,004,000
„
So. Carolina—The Governor’s message on finances
in V. 21, p. 585.
The funding law approved Dec.
22, 1873, provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount
of $5,965,009.
The January, 1876, interest was
on consolidated bonds in April, 1876. The in¬
terest due in July was only paid in part. Total
valuation of all property—in 1876, real estate,
paid
$86 ,187,120; personal. $40,598,376;
railroad prop¬
erty, $6,347,142, making a total of $183,132,^38, or
$10,193,497 less than in 1875. Rate of taxation in
1876, 11 mills. (V. 21, p. 489, 614; V. 23, p. 40; V.
24. p. 199.)
Tennessee.—The coupons of July, 1875, together
with those of July, 1814, and Jan., 1875, remaining
due, were paid in September, 1876.
The law
S.
O.
J.
A.
Q- J.
J.
J.
J.
J.
A.
A.
J.
J.
J.
A
A
A
A
A
J.
J.
J.
J.
().
A O.
A J.
A J.
A J.
Q .—J.
J.
Q
J. A J.
J. A J.
J. A .1.
J. A J.
A
J.
J.
Providence, R. I. II. A T. Co.
March, 1882
April, 1S93
July, 1893
Aug., 1894
do
do
do
do
do
do
At pleasure.
] 877 to ’86
1871 to ’80
Columbia, State Treasury.
do
do
do
do
Columbia and New York.
Columbia, Treasury.
Columbia and New York.
do
do
do
do 4
do
do
do
do
London.
Columbia.
Columbia A Fis. Ageu. N.Y.
New York
do
or
July 1, 1887 to ’97
July 1,1875 to ’79
July 1, 1888
July 1, 1888
July 1, 1889
July 1, 1882
July 1, 1808
July 1, 1808
1888
Columbia.
do
J. N.
J.
Y., Fourth Nat. Bank,
A J. N.
Y., Fourth Nat. Bank.
A
do
July 1, 1893
July 1, 1893
July 1, 1914
do
1875 to 1900
1900
1875 to 1900
Various.
5, 514, 0
5
0
.
J.
0
10
g or
7 g.
7 g10
0 g.
500,Ac.
134,000
0
500,Ac.
137,000
6
-
.
Various N. Y., Bank of New York.
do
do
J. A J.
do
M. A S.
do
J. A J.
do
do
do
do
J. A J.
do
do
J. A J.
J. A J. New York A State Treasury.
J. A D.
J. A D.
1851 to ’60
1851 to ’00
1851
1871
1871
1872
1872
1871
1871
500&C)
Vari’s 5
£100 Ac
100,Ac.
100,Ac.
100,Ac,
100,Ac.
Various
Various
A
f A1
2,331,250
18,239,000
1,997,415
2,021,000
1,190,780
15,239,370
212,833
6
5
5
0
6
G
0
6
.
1,070,827
m
_
__
J.
J.
J.
J.
J.
J.
J.
J.
J.
A
A
A
A
A
A
A
A
A
1877 and 1891
Jan., 1884
1910
1892
March 1,1904
1894
July, 1906
Boston, N. B. Mut. Red’n.
Dec., 1870-78
Montpelier, Treasury.
1890
J.
J.
J.
J.
J.
J.
J.
J.
J.
New York.
1886 to ’95
Richmond, Treasury.
London, Baring B. A Co.
Richmond, Treasury.
At
pleasure
1886
1905
1905
do
do
do
Contingent
1905
London, Baring B. A Cx
.
$80,000 more fill due in 1877; these are fundable at
the option of the Legislature.
Total valuations in
1876 were as follows: Land, $483,228,365; town lots,
$57,578,241; other taxables. $37,213,908; total in 1876,
$278,020,531, against $238,( 38,583 in 1875. The Comp¬
troller estimated resources for 1877 at $1,376,490;
ordinary expenses, $707,200; leaving $0:i.).200 ap¬
plicable to interest on the bonds, for the full pay¬
ment of which about $1,203,030 would be required,
but the rate of taxation was reduced from 40 cents
on
the $100 to 10 cents by the Legislature, in
March, 1877, which rendered all estimates nugatory.
Tennessee bonds, sold in New York as "old,1’
are those issued before 1862; “New,” issued since
1862; “New Series,” the new funding bonds. (V.
21, p. 87, 313, 614; V. 22, p. 472; V. 23. p. 16, 397; V.
21, p. 40, 112, 289.)
Texas.—The funding 10s of 1884 are to he called
in July, 1877. The -state Comptroller, in February,
1876, reported total funded debt $1,249,757; floating
debt, $543,737, and bonds of douotful validity
remaining in hands of State Treasurer, $812,210.
passed in March, 1S73, provided for funding The 10s due in 1881 are redeemable after July, 1877,
all
outstanding,
legally issued bonds, due and a law has been passed for their payment.
between July 1, 1874, and July 1, 1864, as well a3 The valuation of taxable property in 1875 was
Tax rate,
all past-due coupons, and coupons maturing on $250,853,759. against $241,841,830 in 1874.
50.
From the Comptroller’s report we have the
or before January 1, 1874, in a 10-40 year 6 per
cent bond.
The general committee for South¬ following statistics for 1875:
ern State debts (Geo. S. Coe,
Esq., chairman), Total value of taxable property assessed. 5250,853,7.18
1,254,354
reported a plan for adjustment by “scaling” 40 per State tax
198,322
cent and issuing new bonds.
The debt of solvent Poll tax
1,959,134
raUroads is $3,458,145, and total debt, lesB that County taxes
1,487
amount, $22,853,011, including $129,020 outstanding Miles of RR. in the State ass’d for taxes...
warrants and $2,088,746 past-due interest, against Value of railroads
$16,605,122
which $95 ,63i is owed by solvent railroads. The Number of acres of land assessed in the
State
66,637,920
State’s endorsements for railroads are $1,802,000. of
wirch $1 ,560,000 is t&ken care of by the roads. Value of lots assessed in the State
44,666,937
Bonds to amount of $75,000 are now over-due, and (V. 20, p. 84; V. 22, p. 281; V. 23, p. 452.)
due.
Payable
&
A
A
A
Principal—when
Where payable and by
whom.
•
Old bonds,
do
do
1800 A ’71
1874
1870
1872
1874
1874
1870
g.
g-
5 g.
0 g7
0
Texas—
Fimd’g war’ts,act May ‘2,’74 (pay’ble July/77)
Frontier defense, gold, act August 5, 1870
Revenue deficiency bonds, act Dec. ‘2, 1871..
Bonds, act Mar., 1874 (forpaying float’gdebt)
Veteran Pension bonds, act Aug.,’70AApl.,’74
g.
g.
g.
4,023,000
10.194,000
061,000
400,000
When
M.
A.
J.
F.
3 g.
0 g.
0
o g.
o g.
192,000
1,000
1,000
Various
Various
0
0
0
0
238,933
409,000
Dec*., 1873
1873
1873
Rate.
17,111
1,000
50, Ac
Tennessee—
New funding
outstanding.
$1,000
1853 to ’54
1800
1854
ISOS
1808
1808
1800
1800 to’70
1838
1838
1809
INTEREST.
Amount
18 02
1803
1803
1804
—
Funding bonds and stock
Blue Ridge Railroad bonds
Funding bills receivable
Size or
par
value.
....
Vermont.—This State has
a very small debt—all
Of the registered bonds
$135,500 are held for Agricultural College.
The
sinking fund, Aug. 1., 1876,.was $135,932.
Virginia—These amounts arc exclusive of
bonds held by Literary fund and Sinking fund.
The Funding act of 1871 provided tha* coupons
created for
war
purposes.
of the funded bonds should be receivable for
State taxes.
For 2-3 of the old bonds a new bond
issued, and
certificate given
was
for
the
other
%
a
deferred
(as the proportion due by West
Virginia). The act of 1872 amended that of 1871
by not allowing coupons to he received for taxes.
The sinking fund holds $2,446,983 of State bonds
All interest over-due and unpaid
and certificates.
to September. 30,
1876, (on the basis of 4 per
cent) was $1,670,827, which included coupons from
Jan. 1, 1875.
Assessed value of real estate in ls76
was $242,756,548, against $251,573,611 in 1873.
Per¬
sonalty in 187 ;, $78,560,940. Tax rate, 5 mills. The
receipts and expenditures for fiscal year 1875-6, were
as follows: The revenues amounted to $2,679,339.
They exceeded the average annual receipts of the
previous six years by $201,276, and they exceed¬
ed the receipts of the fiscal year 1874-5 by $161,549.
The disbursements were as follows:
For ordinary expenses of government...
For extraordinary expenses
For public free schools
For interest on debt
Balance not expended
Total
$975,232
138,452
443,000
1,105,305
17,318
$2,679,333
If the revenue for 1876-77 should be the same, the
deficit on full interest account for the year would be
about $600,000. (V. 19, p. 2)5, 502, 526, 582: V. 20, p.
14, 306, 356, 375, 547; V. 21, p. 527, 604; V. 23, p. 599.)
CITY
Subscribers will confer a great flavor
SECURITIES.
notice of any error discovered In these Tables*
by giving Immediate
INTEREST.
Date of
Bonds.
DESCRIPTION.
For
explanations see notes on first page of
tables
Albany, N. Y.—
Albany & Northern Railroad loan
Relief of drafted men
Purchase Congress Hall
Block
,
City improvement
Washington Park
New Post Ofiiee site
High School
Water stock
Additional supply
Bonds loaned to Albany A Susquehanna RR..
do
Albany A W. Stockbridgc RR.
Augusta, Qa
$1,000
$244,000
1,000
1,000
1,000
1,000
1,000
46,000
151,000
City bonds, tax free
Baltimore—
Consolidated loan of 1890
Water loan
Consolidated bounty loan
Exempt bounty loan
Public parks (Druid Hill)
Park improvement loan
1,000
1,000
1,000
250,000
700,000
1,000,000
103,000
Various.
1876
250 Ac.
500 Ac.
1,886,250
128.500
7
Various.
1854
1863
1865
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 &c.
100 Ac,
100 Ac.
100 Ac.
100 Ac.
100 Ac,
7,306,546
5,000,000
2,211,068
410,353
555,566
185,723
5,000,000
1,000,000
1,000,000
1,000,000
100 Ac.
200,000
663,000
6
6
6
6
6
6
6
6
6
6
6
5
5
6
6
6
6
6
6
5 A 6
6
6
1860
1863
1853
1853
1868
1870
Five million loan to Baltimore A Ohio RR....
One million loan to Pittsb. & Counellsville RR
New City Hall
do
do
do
do
1874
1864
Consolidated loan
Court house loan
1870
1874
1872
1872
1873
1872
Funding loan
do
Railroad
Valley Railroad
1,375,000
117,000
*
1858 to’72
1874
(Act Feb. 22, 1875).
European A North American Railroad
Bangor A Piscataquis Railroad
Water loan bonds, coup.
Renewal city debt, sterling
For city purposes, war debt. Ac
do
do
do
sterling loan
Consolidated street iiuprovem’t, sterling loan.
Roxbury debt, assumed
Dorchester debt, assumed
Charlestown debt, assumed
Mystic water debt, assumed
Brighton debt, assumed
West Roxbury debt, assumed
Water loan, new main. Brookline Reservoir...
do
Chestnut Hill reservoir
do
renewal of loan due ’70-71, all reg.
do
do
’72-73
Water works, Roxbury, coupon and registered
do
Roxbury A Dorchester
do
Dorchester, all registered
do
W. Roxbury A Brighton, all reg
do
do
coup,
and
Additional supply water
for water works
gold, coupon or reg
Busliwick avenue
South Seventh stret
Union street
Fourth avenue
do
WallaboutcBay
do
do
do
do
do
do
do
Kent avenue basin
New York Bridge loan,
loan, local
do
do
do
do
do
do
do
do
do
do
do
do
..
..
..
..
..
registered and coupon
Bonds for N. Y. A Brooklyn Bridge, cp. or reg.
Prospect Park loan, registered and coupon
Prospect Park loan
Albany.—The loan to Albany & Susquehanna
is secured by 1st mortgage.
The valuation of
property in
1,000
500 Ac.
1869
1869
1,000
1,000
1853
£100 Ac-
1852 f ’64
1864 to’76
1873
1869
1860 to’64
1861 to ’69
1857 to'73
1862 to ’76
1866 to’73
1,000
1,000
£100 Ac
£100 Ac
1,000
Various.
500 Ac,
1,000
Various.
Various.
1858
1,000
1865 to ’71
1,000
1871
£100 Ac
1872
1868 to ’70
1,000
1871 to ’75
1,000
1871
1875 to’76
1876
1,000
reg.
1872 to’75
1,000
1871 to’74
1,000
1875-’76
1,000
Brooklyn—
Debt of Williamslmrgk, local improvement..
Brooklyn local improvement loan
Mount Prospect Square loan
Soldiers’ aid fund loan
Third street improvement
100 &c.
187.5
Boston—
Various purposes,
Water loan bonds,
936,661
92,400
800,000
2,000,000
1,000,000
473,900
1,015,300
Alb my County in 18;6, by local as¬
Real estate, $17,039,8^8 ; personal,
$5,30 ’,151; total, $52,310,049. In 18.6, total equal¬
ized valuation by State Board, $58,460,770.
Tax
rate, 2-49.
sessment. was:
Augusta.—Of this debt, $500,000 was issued for
for canal enlargement,
railroads, and balance
water w'orks, Ac.
Baltimore.—'The fiscal year of Baltimore ends
The city credit has been loaned ex¬
tensively to railroads, in exchange for their securi¬
ties, which it holds to a large nominal amount, The
sinking fund for Baltimore A Ohio RR. $5,000,000
with Oct. 31.
1S59 to’61
1861
1857
1865
1867
1866
1865
1866
1867
1862
1867
1867
1869
1870
1876
1860 to ’73
1860 to ’72
1,000
1,000
1,000
1,000
1,949,711
700,000
465,000
375,000
350,000
100,000
648,000
366,000
3,452,000
552,000
260,000
233,000
260,000
190,000
231,000
544,000
$1,000—$11 68 of this for city
$13
$1,848,878; West Maryland Railioad
against 212.418 in 1860.
(V. 22, p. 589; V. 23, p. 514; V. 24, p. 12.)
Bangor, Me.—'The valuation of real and personal
property is $11,052,211; rate of taxation, 2*50 per
cent.
The loans to European A North American
Railroad and to Bangor A Piscataquis Railroad are
eccnrCd by first mortgages on those roads.
do
1885
do
At will.
July 1,1900
Feb. 1,1894
Jan. 1,1902
April 9, 1900
Oct. 31,1886
March 8, 1892
July 1, 1894
do
do
do
Balto., N. Mechanics’ Bank. Jan. 1 ’90 A 1900
Jan 1,1895
Baltimore, Franklin Bank.
J.
J.
J.
A.
1877 to’92
Jan. 1,1894
Boston or Bangor.
A J.
A J. Boston, Merch’ts’ Nat. B’k.
do
do
A J.
do
do
A O.
J.
M.
J.
J.
J.
J.
J.
J.
J.
J.
A
6A7
7
6
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
and $1 02 for State
$1,000 in 1875.
$43,933,165, and the sinking funds, bonds, mortgages,
Ac., $16,836,387. In March, 1877, the city auditor
gave his estimates for the revenue lequired for the
coming financial year, 1877-78. commencing May 1,
1877. "This estimate was based on an assumption of
meeting the actual wants of the municipality, ex¬
cluding the Cochituate Water. Works, and without
regard to the ordinance pending as to paying
balances of appropriations to the sinking fund*.
$8,043,355
Per ccntage.
1877 to’89
1900
Augusta.
do
purposes, against a total of
70 per
The total debt, both funded aiid unfunded, at the
close of the last fiscal year, April 30, 1S76, was
ulation in 1870 was 267,354,
1895-’97
July 1, 1876
Boston.
Baltimore,Register’s Office,
sinking
fund, $157,601; and the total of the several other The tax per each $1,000 will be-$13 07, to $12 70
einking funds, $6,0 2,368. The Balt. & Ohio RR. per $1,0C0 last year, supposing that, the valuation of
pays interest on $5,000,006 loan; Water loan is paid property is reduced to $700,000,030, as suggested by
Dy’income of water works, and Public Park by City the Mayor. The following is a comparison of
Passenger Railway, and out of a total debt of the appropriations granted by the City Council, and
$33,343,251, only $16,554,018 is dependent on the tax income to be received, compared with 1876-7•
levy. The net debt over productive assets is given
1876-7.
1877-8.
at ? 6,699,143, against which are held $4,".70.007 of
$11,219,387
$9,712,455
unproductive assets. The assessed value of prop¬ Appropriations..
2,934,900
1,669,100
erty in 1876 is $231,503,129; tax rate, 1876, $1 80 on Income
the $100 for city purposes, and .17.^ for State. Pop¬
loan is
1893-1906
Baltimore,Register’s Ofiiee,
Balto., N. Mechanics’ Bank.
Boston.—The population of Boston in 1870 was
292,497, against 177,840 in I860; in 1875 it was, 341.919.
Valuation of real property in 1876, including the re¬
cent annexations, was $526,145,700. agHinst $553,769,500 in 18T5; and personal, $222,732,400, against $234,998,400; upon which the rate of taxation is $1270
per
Feb., 1881
Various Boston, Merchants’ N. B’k.
6
7
6
7
6
7
7
7
7
6
7
7
7
7
138,000
213,000
90,000
1.000
1,000
May 1,1878 to’85
July 1,1905
Jan. 1, 1894
April 1,1899
ig-
688,000
8.017.000
1,217,000
Nov., 1910,11,’12
do
do
do
do
do
do
Is-
2,248,000
427,000
3,000,000
2,350,000
Boston, Merchants’ Bank.
New York,
May, 1879
June, 1880 to’84
Feb., 1885 to’94
March,'78 to 1900
July, 1878
J. A J. London, Baring Brothers.
1876 to ’87
Various Boston, Treasurer’s Ofiiee.
1876 to ’96
do
do
Various
April, 1893
5 g. A. A O. London, Baring Brothers,
do
July, 1899
5 g. J. A J.
1874 to’85
5, 5 ifl, 6 Various Boston, Treaseuror’s Office,
1875 to’82
do
do
Various
5 ig, 7
1876 to’93
do
do
Various
5 A 6
1875 to r96
do
do
Various
5 A 6
1875 to ’83
do
do
6, 6*2, 7 Various
1875 to ’92
do
do
6 hi A 7 Various
do
do
Oct., 1878
A. A O.
1876 to ’99
do ‘
do
J. A J.
do
do
April, 1901
A. A O.
6
Oct,, 1902
5 g. A. A O. London, Baring Brothers.
1880 to’99
J. A J. Boston, Treasurer’s Office,
6
1901 to 1905
do
do
Various
6
Jan., 1901
do
do
J. A J.
6
Jan. A April, 1905
do
do
Various
6
do
do
5 g. A. A O.
1902 to 1904
do
do
Various
6
1901 to 1904
do
do
Various
6
Oct., 1905-’6
do
do
5 g. A. A O.
470,000
394,000
278,000
do
4£2g.
121.500
1,000
1,000
1,000
1,000
1,000
1,090
1,000
1,000
Di
me.
New York,
N.
D.
A.
S.
N.
N.
N.
A.
A.
N.
J.
do
6 A 7
1,196,000
1,318,000
322,640
302,000
Whom.
Balto., N. Mechanics’ Bank,
Balto., Farm. A Plan. Bank,
6
6
583,205
4,296,800
16,809,175
4,997,603
3,559,600
438,600
1.000
1,000
1,000
Payable
July 1,1890
Balto., Farm. A Plan. Bank
Balto., N. Mechanics’Bank At will after 1875
do
do
Sept. 1, 1893
do
do
Sept. 1, 1893
do
do
Sept. 1, 1890
Jan. 1,1895
do
do
Jan. 1,1890 ’
Balto., Farm. A Plan. Bank
Jan. 1,1886
Balto., N. Mechanics’Bank
Balto., Farm. A Plan. Bank
July 1,1884
do
do
April 15,1900
March 7,1902
do
do
6
6
156,000
100,000
375,000
1,000,000
814,000
Where Payable and by
Various
A. A O.
7
500,000
RR
Bangor, Me.—
City debt proper
Municipal loan
Burnt district,
1,000
When
M. A
J. A
F. A
xM. A
M. A
M. A
M. A
F. A
F. A
M. A
J. A
6
6
6
7
6 A
7
7
6
6 A
6
6
549,000
604,000
118,000
80,000
1841
—
Patterson Park extension
Water loan
Endorsements for Western Maryland
do
Union Railroad
do
Rate.
1864
1866
Principal—When
Amount
1854
1870-’71
1870-’76
1874
1875
1851 & ’52
1874-’76
1865
Bonds for various purposes
Western Maryland
Jones’ Falls
Size or
par
Value.
3.279,487
241,300
248,385
$3,284,655
$8,527,872
Placing the tax to be paid to the State at $577.S36,
the estimated tax warrants exhibit the following
result:
i
1879 to’81
Brooklyn,
J.
N.
J.
J.
do
do
do
do
do
do
do
do
do
do
do
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.
1891
1887
1885 to’94
1881
1877 to ’90
1877 to’90
1877 to ’90
1877 to ’86
1877 to ’95
1877 to '95
1877 to '90
1879
1901 to'24
1907 to 1908
1915 to ’24
1915 to ’24
ci
a
*3
o
p
icq
M
3
p a
OD
do
do
do
do
do
©-a
pT
3
O
O
1876-7
1877-8.
City and County
State, estimated 1877...
$8,527,872
742,932
>8,284,655
577,836
$8,862,491
$9,270,804
During the last forty years, with a single excep¬
tion, the taxable valuation has shown an annual
increase.
Brooklyn.’—'The above bonds were
March 31, 1817.
There are
Nat. Guard bonds due
message, January
as follows:
outstanding
also $27,000 7 per cent.
1880-81.
The Mayor’s
1, 18i7, made the
whole city debt
$27,143,000
Permanent loans
4,530,129
Sinking funds
Balance
Tax certificates
Total net debt
$22,617,870
:
King’s Co. debt (City’s share)
Loans chargeable on specified property
.
8,991,729
11,063,500
1,900,000
$39,578,100
stated that the debt increased in 1876
$781,623, chiefly owing to the law charging only 7
pr cent interest on unpaid taxes.
Population in
1870, 396,200, against 266,661 in i860. Valuation of
property in King’s' Co. in 1876, by the local assess¬
ment, was $223,389,621 for real estate, and $14,88?,255 for personal; total real and personal, $238,271,Iu 3874 the State Board of Equalization
885.
estimated that, the true value of real estate was
$426,393,740. The debt of Kings County, separate
—The Mayor
from the
debt of Brooklyn, is
$4,181,821, of which
city is responsible for nineteen-twentieths.
Average tax rate in 1876, $3 24 per $100. against $3 44
in 1875. (V. 20, p. 520; V. 22, p. 589; Y. 24, p. 68.)
the
April 28, 1877.]
CITY SECURITIES.
Subscribers will confer
a
great favor by giving Immediate notice of any error discovered In these Tables*
DESCRIPTION.
For explanations see
Date of
bonds.
notes on first page of tables.
Brooklyn—(Continued)—Deficiency bonds.
1872
1857 to '72
1872 to '75
Permanent water loan
do
do
Sewerage fund bonds, continuous, local
do
Assessment fund
do
S’tli
Size or
par
value.
$1,000
1,000
1,000
1,000
B’klyn
1,000
....
1,000
bonds, continuous, local
Central and Knickerbocker av. sewer bonds..
Boulevard bonds
Temporary tax certificates
1870
1873
1872 to '73
%000
1853 to >75
1873 to'75
1871 to'73
1868 to '76
1876
1,000
1,000
Buffalo, X. Y —
Funded debt bonds, various purposes
Buffalo A Jamestown Railroad
Buffalo New York A Philadelphia Railroad...
Water works bonds
Water bofids, coupon
Park bonds (Act May 17, 1875)...
Tax loan bonds
Charleston, 8. C
City stock..
City bonds,
1876
1876
1,000
1,000
1,000
1,000
1,368,000
200,000
4,559,000
618,000
842,000
2,209,250
1,000,000
750,000
2,779,382
100,000
100,000
....
199,493
coupon
1853 to ’54
1866
....
4,119,093
51,500
297,700
281.500
....
OOttVernon bonds, to redeem past due debt...
Chicago—
Water loan
do
....
Sewerage bonds
:
....
do
....
improvement bonds
....
Municipal bonds
Municipal .and School bonds
Temporary loan for one year, April, 1877.
South Park loan (secured on South. Div.)
West Chicago Park (secured on West. Div.)... 1870
.
.
.
r
....
_500,Ac.
1,000
1,000
500 Ac.
1,000
1,000
500 Ac.
..
Cook
$319,000
9,706,000
1.985.500
County debt
to '72
1863 to ’72
l'ooo
917,000
3,660,000
87,000
2,550,000
2,621,000
178,000
3,423,000
600,000
2,000,000
640.600
500 Ac.
4.191.500
To build Eggleston avenue sewer
1868
B2
1,000
Loans to Railroads
F, A, G, H, I & M 1842 to '54
1,000
Bonds to 0.& M. RR. to purchase whf. prop.N
1855
1,000
Bonds for erection of a Workhouse
1868
1,000
Bonds for Water Works
C2AC3
1868
1,000
Bonds for Common School purposes
1868
P2
1,000
Bonds for Common School purposes
P 1860 to '61
1,000
Bonds to O. A M. RR. to purchase whf. prop. .N
1855
1,000
Bonds for ext. and impr. Water W. .C, D. & E 1847 to '50 500 Ac.
Bonds for funding floating debt
A2 1847 to '48 500 Ac.
Bonds for new Hospital
SAS2
1867-’6S
1,000
Bonds for funding floating debt
1853
L
1,000
Extension and improve. Water Works.. .K AF
1853
1,000
Bonds to purchase Orp’n Asyl. grds. for i>ark.O
1858
1,000
Bonds for sewerage.
1869
1,000
R
Bonds for improving Gilbert avenue
1869
U
1,000
Bonds to build Eggleston avenue sewer... ,B3
1869
1,000
Bonds for improvement
W
1871
1,000
Bonds for Water Work purposes
1871-’72
C4AC5
1,000
General improvement
1871
_,W2
1,000
Cincinnati Southern RR
1872-’74
500 Ac.
do
do
1874
1,000
do
do
1876
500 Ac.
gold and currency..
Floating debt bonds, coupon
1874
1,000
Park improvement
1875
1,000
Water-works bonds..
D1
1875
1,000
150,000
1,075,000
210,000
250,000
300,000
100,000
99,000
195,000
397.500
146.500
750,000
60,000
175,000
100,000
150,000
150,000
Cincinnati—
Cleveland—
Water works ($250,000 are 6 p. ct.)
Funded debt ($100,000 are G p. ct.)
Lake View Park
Canal
Viaduct, street and bridge ($550,000
School ($290,000 are G p.'ct.)
House of Correction.
Main sewers, special assessment
Street improvem’ts do
Street openings, Ac. do
Canal lock
1854 to '75
1854 to '74
1872 to '74
1874
G p. ct.) 1873 to'75
1864 to '71
1868
1860 to'76
1875-76
1876
Buffalo.—The funded debt, January 1, 1870, was
$6,744,199, and floating debt, $396,092. In 1875 real
and personal property were assessed at
$39,968,105;
in 1870 rule of valuation
changed and assessment
was $111,995,905.
Buffalo also pays 7-10 (being
$712,390) of Erie county debt. City tax-rate, 1875,
$35 55
on the $1,010.
In May, 1876, $125,000
cent certificates of debt, in
pieces of.
issued, due 1881. (V. 22.
7 per
$5,000, Ac.,
p. 233,521; V. 23, p. 135.)
Charleston, S-. C.—The bonds of
Charleston are
mostly held within the State of South Carolina.
The total assessed value of
property in 1873 was
$27,978,991; rate of tax. 2 per cent. Sinking funds
reduce the total debt to $4,672,663.
Chicago.—The total funded
debt at the close of the
year 1876 was $13,436,000.
Old. time warrants,
$1,261,890.
Revenue time warrants, $2,274,393.
Assessed value of real property, 1876, $131,222.-
460; personal, $36,*15,718—total, $168,038,178.
Tax
rate, 18 mills. This is the Illinois State valuation,
and the cry debt is limited to 5
per cent of that. Of
the funded debt, $4,577,000 is on account of the
Water Works, which last year yielded an income
of $817,106.
Question having arisen as to whether
certificates were not an increase of debt, and there¬
fore illegal, an ordinance was passed
authorizing
the Comptroller to make an endorsement thereon
that they “were issued upon the
appropriations and
tax levies of the city.” See V.
22, p. 514.
Wg
1886........
1867
188B
1889
due.
whom.
M. A N
A J
A
A
A
A
A
A
7
6
7
7
7
7
7
7
7
Principal—when
payable and by
Brooklyn.
J.
do
1881 to 1908
do
do
do
do
do
do
3 years
3 years
3 years
from date.
from date.
from date.
1880
1875
1877
7
7
7
7
6
6
7
Various
Various
Various
Various
J. A J.
M. A S.
J. A J
Buffalo and New York.
Buffalo.
«
Buffalo and New York,
6
6
7
7
Q.-J.
Charleston.
Various
J. A J
do
do
N. Y., Gallatin N. Bk.
Buffalo A New York,
do
do
1876
1893
1881
1878
to 1895
to 1895
to 1893
to 1926
July 1, 1896
Prior to 1936
July 1, 1878-’81
679,800
—
6
7
6
7
7
6
7
7
7
7
7
J.
J.
J.
J.
J.
J.
7 3-10
6
6
7 3-10
7 3-10
7 3-10
6
6
6
6
7 3-10
—
J.
6 & 7
6 & 7
7
7
6 A 7
6 A 7
7
6 A 7
do
do
do
do
do
do
J.
J
J.
do
do
do
do
do
do
New York and Boston.
A J.
N.
Y., Metropolitan Bank.
AD.
,
Various
M. A N.
J. A D.
Various
J. A J.
J. A J.
M. A N.
A. A O.
M. A N.
Various
J. A J.
Various
M. A S.
A
&
A
A
A
A
A
A
A
A
A
A
City.
New York and Boston.
J.
J.
J.
M. A N.
S.
S.
O.
S.
A.
D.
,,
J.
J.
,
,
Various
6
125,400
1,301,000
7
7
7
7
1880 to '95
1890 to '95
July, 1895
1881 to '99
1874 to '79
1890
May 1,1880-’92
do
do
do
do
do
do
do
do
do
do
do
Nov., 1885
June, 1888
do
do
do
do
do
do
do
do
do
do
do
1878 to'84
1888 A 1889
July, 1888
Jan., 1890
Nov., 1890
April 1,1895
Mareli, 1897
1897
Jan., 1900
June A Oct., 1900
Cincinnati.
March, 1908
Am, Exch. Nat. Bk.
Sept., 1899
■
do
do
do
do
do
do
.?
do
do
do
do
do
do
do
do
w York or London.
Am. Exch. Nat. B’k.
do
do
do
do
Am. Exch. Nat. B’k.
do
do
do
do
do
do
do
do
do
do
6 A 7
24,000
1877 to '82
July 1, ’82 to '95
July 1,1880
Dee., 1878
do
do
do
do
do
do
do
do
do
do
7
1875 to ’98
1883 to '84
1890
Am. Exchange Bank
do
do
-
N.
N.
J.
A.
Various
Various
Various
J. A J.
Various
Various
J. A J.
Various
Various
1,365,100
983.600
114,000
65,000
A
A
A
A
A
A
A
do
New York
Sept., 1899
Oct., 1899
March 1,1886
Aug., 1886-’97
Dec. 1,1891
July 1, 1902
July 1, 1902
May 1, 1906
May 15,1904
Jan. 1,
1896
Aug.,'85, '90 A '95
1878 to '95
1878 to'94
1887 to '92
1894 to'95
1893 to'95
1877 to '88
1878, '83 A '84
1877 to '92
1877 to '84
1877 to '85
1896
1877-’87
1878-’81
-
Elizabeth, N. J.—
Improvement bonds
Year.
419,000
200,000
....
Bonds for various City purposes
Bonds for Water Work Co., on city’s credit...
Public Building stock (City Hall) bonds
Public sewer bonds
were
Where
payable
6
6
6
7 3-10 M.
7 3-10 M.
7 3-10 A.
100,000
7 3-10 M.
136,000
F.
7
450,000
7
J.
600,000
7
J.
700,000
7 3-10 J.
9,300,000
6,000,000 6g. or 7*3 M.
M.
7
1,000,000
J.
7
50,000
F.
7
300,000
1,725,000
1,597,000
315,000
150,000
968,000
1876
Infirmary.;
Cuyahoga River dredging
Detroit, Micti
Rate.
When
—
Fire loan bonds, coupon
River
outstanding.
1,190,000
....
INTEREST.
Amount
Assessed Value.
Real Estate. Per. Estate.
$31,587,545
66,495,116
140,857,040
174,505,410
211,3:1,240
$5,552,300
19,447.911
51,392,604
53,939,469
51,653,640
,
Tax
Rate.
$15 00
20
13
14
15
00
00
00
00
1855 to '59
1855 to ’76
1859 to'71
1872 to'74
1,000
1871 to'74
1870 to ’75
1872 to '73
1865 to’66
1875-’76
1,000
1,000
1,000
1,000
1,731,000
1,000
2,162,000
684,000
272.500
....
1870
1871
1872
1873
1874
1375
1870
Various N.
Various
755,000
90,000
66,000
--Assessed Value.
Ih tl Estate. Per. Estate.
Year.
Various N. Y., Metropolitan N. Bk.
do
do
Various
Various N. Y., Metropolitan N. Bk.
do
do
F. A A.
$v 3,643,600
Various
Various
A. A O.
,
Tax
Rate.
$15 00
52,847,820
10 00
9.154,890
45,042,540
15 00
s 2,969,820
18 00
49,103,175
8,549,310
45,155,830
18 00
1
48 295/41
125,468,5)5
18 00
>2,400
36,815,718
18 00
Population in 1870 was 396,605, arid in October, 1876,
407,661, against 109,260 in 1860. The So. Park, W.
Chicago Park, and Lincoln Park loans are not
debts" of the city, but of distinct corporations.
(V. 21, p. 207; V. 22, p. 457, 544; V. 23, p. 622.)
$52,342,950
6,898,650
Cincinnati.— In addition to the issues above
named, there remain several smaller amounts, as fol¬
lows: $108,oro 5s, November, 1835; $56,000 (YY2. A
O.) 6s, 18.36-88: $17,000 6s (Q.), Nov., 1890; $27,090
6s (A.), Mar., 1.897; $50,000 (112.), Aug., 1897; $50,000
By the census of 1870 population
(Z.), Nov.. 1833.
was 21^,900, against 161,044 in 1860.
Tax rate for
1875, $23 82 per $1,000, against $23 38 in 1874. Sink¬
ing
debt.
funds
are
$436,440, against $7,200,(XX) of old
The following table from the books of the
Auditor of Hamilton County, Ohio, exhibits the
assessed valuation of the city of Cincinnati in the
year 1860 and from 1870 to 1875:
Rale tax
Real
Personal
Total
per
Year.
estate.
estate.
valuation.
$1,000.
1880.. $61,620,904 $31,411,812
$93,032,716 $17 45
1870..
31 60
78,738,482
57,370,754
136,107,236
1871.. 123.427,888
22 20
56,934,044
180.381,932
1872.. 119,821,856
20 10
55,462,410
175,084,29.
1873.. 121,479,280
23 06
64,168,460
185,645,740
1874..
23 38
181,950,074
1875.. 125,9.6,815
28 82
58,521,730
184,498,565
.
Y., Farmers’ L. A T. Co.
do
do
do
do
do
do
do
do
1876 to'89
1876 to 1906
1879 to '91
1892 to'94
1877 to'81
1880 to '95
1881 to'93
1877 to '86
1885 to '96
—The city will be the sole owner of the stock of the
Cincinnati Southern Railroad. (V. 20, p. 14; V. 21,
p. 511; V. 22, p. 209; V. 23, p. 379, 514; V. 24, p.
11.)
Cleveland.—The total valuation of property for
taxation is $73,562,237 and tax rate 18 15-20 mills,
of which 7)4 mills are- levied for interest and
sinking fund.
The sinking fund, January, 1876,
amounted
to
$1,700,000,
market value.
The
sewer, street improvement and
street opening
bonds are for special local improvements, and
redeemed by assessments on the property bene-
fitted.
Detroit, Mich.—'The population in 1870 was 79,601;
in 1874, by State census, 101,083.
The value of
waterworks is $1,589,688, against a debt of $1,100,000.
works
are
The water
bonds
issued on a pledge
of the city credit, and $75,000 per year col¬
lected in taxes to pay interest on them.
As¬
sessed valuation, 1875, real estate, $20,225,875;
personal, $7,448,755-total, $27,774,630; twie value
estimated at $92,582,100.
Tax rate, $3 92 per
$100.
Elizabeth,X. ./.—Total debt of the city of Eliza¬
stated at $4,820,000, as fol¬
beth Jan. 1, 1877, was
lows: General
debt,
$927,000; assessment debt,
$1,731,000; consolidated debt, $2,162,000. Estimated
true value of real and personal property, $32,000,000;
assessed valuation, $16,000,000. Tax rate is $2 68
within the lamp -and water dietrict, and $2 28
outside.
Population in 1875, 25,000.
Subscribers will confbr a great flavor
[April 28, 187r
SECURITIES.
CITY
by giving immediate
notice of any error discovered in
these Tables.
INTEREST.
Date of
Bonds.
DESCRIPTION.
For explanations see
City park bends (purchase of
Bonds for various purposes
Galveston Coiuity bonds,
block 321)
G. C. & S. F. RR—
18G9 to ’74
1873
18GO to’74
187G
Indianapolis—
Bonds to railroads
Loan bonds, series A
Loan bonds, series B
do
do
C
Loan bonds
Park
bonds—-By Board of School Comm’rs.
Purchase-money boads—Southern
School
Jersey City—
Water loan
do
.
1852 to ’G7
18G9 to’73
1873
1871
1872 to’74
1870
Various.
1872
Various.
18G0
18G9
18G9
Various.
1,000
do
Forty-year bonds
Improvement bonds
do
do
Morgan street dock
City bonds, coupon
Funded debt bonds
Hudson City bonds
-Bergen school loan bonds
bonds
improvement and water bonds
do
sewerage
do
do
bounty loan
Greenville street improvement bonds
Ten-year bonds, coupon of registered
Louisville, Ky.—
For Jeffersonville Railroad stock
Various.
Water works
do
For improvement
of streets
Re-constructing street
Public buildings and institutions
Public school and school houses
Sewer bonds
do
Elizabeth A P. Railroad
Wharf property
Jail bonds
For old liabilities
do
do
1,000
1,000
1,000
1,000
921,000
Various
171,050
1,000Ac
1,000Ac
1 ,OOOAc
150,000
400,000
152,000
103,000
Various
500 Ac.
249.000,
150,000
....
149,000
404,000
1,350,000
76,000
201,000
600,000
650,000
231,000
81,000
425,000
1,903,000
352,000
136,000
90,000
614,000
500,000
107,000
350,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1
787,500
341,000
70,000
Re-adjustment bonds
General city bonds
do
bonds, coupon
do
registered
do
Water
1,000
300,000
1861
1871
500 Ac.
350,802
1,000
242,000
1876
1872
1.000
100,000
1,000
429,000
1872
10,000
1,171,000
1866
1866
1859
1870
1870
1871
1871
1875
100 Ac.
100 Ac.
Mobile,—
City debt, A, B, C
City debt, D, E, F
Bonds to Mobile A Great Northern Railroad..
Bonds to Mobile A Al. Grand Trunk RR
Wharf bonds
Railroad
Nashville, Tenn.—
Nashville A Chattanooga Railroad
fund of 1859)
bonds, floating debt, Ac. (s. fund of 1864)
& reg. (s. fd. 3 p. o.).
1875
.
Aqueduct Board bonds
Tax arrearage bonds (sink, fund $65,293)
1876
6
7
6
7
7
6
6
7
7
6
6
6
7
7
7
7
6
Seven per cent
of
yearly)
funding loan of 1869
Galveston, Texas.—The total city debt is $373,000,
which all aro 10 per cent, currency except
$100,500.,
1852
1854-55
G A 7
6 A 7
7
1,000
1,000
1,000
400,000
*8
8
8 g.
6
1869
1869
—
SJ,330,0'G Janu ry 1, 1876. Of the $8,258,009 there
is payable out of the sinking fund $3,740,000; pay¬
able by special tax, $4,518,000.
Population by
ceneue of 1870 was 100,750, against 63,033 in 1860;
now estimated upon the basis of 7 to a voter makes
12(\000. Assessed value of property, 1876, $71,849,772.
Rate oi taxation for all city purposes in 1875 was
—Eastern district, $2 27 on $100; Western District,
33; State tax, 45c. The following figures give
the assessed propeit/ valuation for the past six
years.
For 18*70, $70,806,712; for 1871, $76,845,995;
Various.
Various.
June 1,1886
April, 1882
April, 1883
1887, '89,91
March 1,1883
1886,’ 96, ’97
July 1, 1903
1891, ’92 A 1903
1883 to’89
July, 1898
June, 1901
1888 A 1903
1878 to 1898
Oct. 1, 1898
1889
1880, ’94 A 19.01
Sept., 1891
Feb. 1,1880
July, 190-1 A 1903
1881 to’93
1873 to 1902
Memphis.
N. Y., P.
do
1873 to 1900
M. Myers A Co.
do
Nov., 1900
Charleston, S. C.
July, 1872
June 1,1891
Jau. 1,1901
June 1,1896
Jan. 1, 1902
Jau. 1, 1902
D. Milw. and N. Y., A. Goettel.
do
do
J.
do
do
1).
do
do
J.
do
do
J.
1875 to ’91
1875 to’86
1885
J.
Mobile, Bauk of Mobile.
do
do
«T.
do
do
J.
J. N. Y., Merchants’ N. Bauk.
N.
Mobile, City Treasury.
do
do
A J.
A J. N. Y., Merchants’ N. Bank.
A N. Mobile, Mob. Savings Bauk
A
A
A
A
A
July, 1899
Nov., 1895
TH1 1001
1901
Various
•
Nov., 1905
1875-77-79
1876 to’94
New York.
New York and Nashville.
Various
7
7
4,394,250
1,372,000
6
J.
ry
4
7
6
5
7
897,100
1.539,800
.
default for
Interest since Jan. 1, 1873. The total floating debt
July 1, .1876, was $1,910,922, and there were
nominal assets (unpaid taxes, &c.) to balance
this of $1,840,041.
A plan has been suggested
settling the deot, by scaling
having a “ drawing ” system for the
for
Milwaukee.—The city cannot issue
New Orleans.
do
do
do
& J.
Various
J. A J.
M. A 8.
1872, $77,156,612; for 1873, $77,225,372; *1874,
$78,295,114; 1815, $75,536,812; 1876, $71,849,772.
debt beyond 5
five"years.
per cent of its average assessed value for
In 1870, valuation was $38,743,422 real, and $14,931,763 personal property; tax rate in 1875,2164
Sinki g funds are provided for all the bonds.
There is also about $47,000 scrip issued to settle
old railroad bonds.
Population by State census,
(V. 23, p. 622.)
Mobile.—The valuation of property in 1876 is $12,894,825 real estate and $5,377,7i6 personal property;
tax rate*. 1 % per cent. Interest has been in default
July, 1873. A settlement with bondholders was
offered by Act of March 9, 1875, viz.: $510 in 6 per
cent bond for $1,000 of the old 8 per cent.
The 5
per cent bonds have a lien on city revenue, and
exchange for these was offered at 75 per ceut of
since
Jan., ’98 to 1900
July, 1889
July 1, 1879 &'89
-
A J.
for
1875, 101,000.
Various.
do
do
do
do
do
do
N. Y., Bank of America.
do
do
do
do
New York and Louisville.
mills.
Louisville.—The funded debt, January 1, 1S77,
exclusive of railroad loans, was $8,253,000, against
July 1, 1896
2,500,000
3,030,000
412,000
cent
521.)
1892 to ’94
June 8, 1900
Various. "
do
M. A S.
F. A A.
J. A J.
one-third and
a distinct organization from the city, created by a
balance. The
separate act of the Legislature; levies its own tax,
which is collected by the City Treasurer. The city City Council declared the funding and paving bonds
The floating issued by Mayors Leftwich and Lolland 1867-8-9 to
warrants are discounted when sold.
debt of this character, Jan. 1, 1875, was $200,000, have been issued illegally, but allowed the coupons
to be received, pro rata, according to the amount
payable duriug this year.
realized by the city for the bonds; but a decision
Jersey City.—'The total bonded debt'of the city, of Tenn. Supreme Court, December, 1875, was
ApriLl, 1877, was stated at $14,737,450. The sinking against the city on this point. Assessed valuation
fund was $770,000.
Assessed valuation, including of real estate,* 1875, $19,329,600; personal, about
railroad .property, in 1875, $88,496,885. on which the $6,500,000. Tax rate, $2 per $100. Population in
1870, 40,230. (V. 21, p. 186, 570; V. 23, p. 379.)
tax rate is $2 68 per $100 on $68,496,855, and 1 per
on
railroad property assessed at $11,000,000.
Population by State census iu 1875 was 116,883,
against 85,000 by U. S. census of 1870. (V. 22, p.
do
do
do
do
1877 to ’93
Newark, City Treasury.
Various
1878 to ’91
do
do
Various
April, 1888, to’91
do
do
A. A O.
July 1, 1895
J. A J. Newark Blech. Nat. Bauk.
1879 to ’93
do
do
M. A S.
1876 A 1892
do
do
Various
1886
do
do
F. A A.
Memphis, Tenn.—The city has been in
Indianapolis.—The assessment of taxable prop¬
erty in 1874 was $67,301,546; taxes for that year,
$5l0,02(j* eg a levy of $1 35 per $100. Total "debt
June 30,1875, was $1,455,030. The School Board is
July 1,1913
May, 1891
do
Louisville and New York.
do
do
do
do
do
do *
J.
1899 to 1913
do
do
Various
A. A O.
J. A D.
Various
J.
J.
J.
J.
M.
J.
J.
M.
73,000
1,890,000
500,000
1,000
A J.
A J.
Various
J. A J.
J. A D.
J.
J.
5
8
8
8
1,000
1,000
1,000
1,000
Various
J. A J.
J. A
J. A
J. A
J. A
J. A
(si/V
Consol, debt ($650,000 applicable
Railroad debt
Waterworks loan of I860
A J.
Various
J. A J.
5
7
7
7
7
0
6
-
Various
J.
1,1889, to’90
July 1, 1893
July 1, 1894
July 1, 1894
July 1, 1895
Jail. 1, 1599
Oct. 1, 1878
Ex. N. Bank. Jan., 1877 to’95
do
do
do
do
do"
do
do
do
do
do
do
do
M. A N.
J. A J.
J. A J.
M. A N.
1,035,000
....
do
do
do
do
do
do
do
do
do
do
A J. N. Y., Merck.
do
Various
do
J. A J.
6
6
6 g.
6
7
1,000
1,000
279,000
Jan.
N. Y.,
Various
500
500 Ac.
City Treasury.
Winslow, L. A Co.
Jau.
J. A J.
J. A J.
J. A J.
J. & J.
J. A J.
A. A O.
A. A O. N. Y., Mercantile N. Bank.
do
do
A. A 0.
N. Y., Bank of America.
Various
do
do
M. A S.
Louisville.
Various
N. Y., Bank of America.
J. A J.
do
do
Various
Various New York and Louisville.
J. A J. Louisville, City Treasurer.
N. Y., Bauk of America.
J. A D.
do
do
Various
6
6
152,000
460,000
319,000
157,000
277,000
988,000
1,000
1,000
1849
1866 to’76
city bonds
30,700
122,300
1,000
Newark—
Bonds, various city purposes (s.
bonds (local liens).
7
7
7
7
6 A 7
7
7
7
7
7
7
7
7
1880 to’87
1892 to 1902
1874 to’95
1906
do
do
Now York.
J.
7
2,362,000
1857
.
6
1,508,000
1867, ’8, ’9 500 Ac.
1870
1,000
Milwaukee—
War
Public school bonds
Clinton Hill bonds, coup.
Sewer and improvement
500,000
1867 to ’68
-
Funding loan, gold
Mississippi River Railroa d bonds
Endorsement Memphis A Little Rock RR
Various
500 Ac.
1,000
1,000
1,000
Post bonds
To Mobile A Northwestern
New funding bonds
1,418,000
3,109,800
622,000
1,866,000
3,433,000
125,000
1,000
1,000
’54,’62,3, 8
1868
1869
1870 to ’74
1871
1871
1871 to’73
1851 to’63
200,000
109,500
100,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
6
73
7-3
73
73
7-3
8
Due.
and by
Galvestou.
J. A J.
M. A S.
Various
J. A J.
10
10
300,000
500
1852
1854
1857 to ’G7
1873
1866 to ’67
1873
1871 to’73
1853 to’70
1868
1871
1868 A’73
Louisville, New Albany & St. L. Air Line RR.
Change of gauge, Louisv., Cin. A Lex. RR
Road bed
do
do
City bonds pa3rable by railroads
City funded debt
1,000
1,000
1,000
1876
Subscription to stock of L. & N. RR
Memphis, Tenn.—
8ehool and paving bonds
Payable
10 g.
8
145,000
300,000
300,000
Where Payable
Whom.
Wliou
Bate.
35,000
766,500
400,000
....
500
1.000
bonds, mostly coupon
do
outstanding.
$71,500
1869 to’70
1873
1874
1874
1875
1874
1873
Principal—When
Amount
or
par
Valup.
notes on lirst page of tables
Galveston, Texas
Bonds for harbor improvement
Size
their face.
July
1, 1892
1874-5 A 1894
Jan.
1, 1899
March 1, 1894
Up to October, 1876,
there had been
bonds, $167,000 of interest
and $75,000 change bills, making $983,000 new
bonds issued in all, and leaving the amounts out¬
standing as above given. Population about 38,00®.
settled, $1,330,000 of old
(V. 20, p. 302.)
Nashville, Tenn— At the close of the fiscal year,
Sept. 30, 1876, there were $132,500 of past due bonds
and $18D,C00 unpaid coupons. The total debt was
$1,671,721. Assessed valuation of all property, about
$13,625,775; tax rate, 1876, 2 per cent.
Newark.—The bonds in the first
line in the table
payable out of the sinking fund of 1659, which
amounts to $113,263; those in'second line out of
sinking fund of 1864, $930,588; public school bonds
out of public schoolfund, $94,402; Clinton Hill bonus
by sinking fund, $27,769, against local improve-*
ment bonds the city holds $2,676,368 of assessments
unpaid and a lien on the property. Temporary loan
bonds, Jan. 1, 1877, were $1,027,200. Valuation of
real and personal propert y, .1876, $97,116 034. Tax
rate for all purposes, 1876, $1 90 per $100, against
$1 93 iu 1875. Population in 1870, 105,059.
are
total funded debt, April, 4876,
$20,872,332: certificates, coupons unpaid, <Sc.,
$671,781; other floating debt, $1,145,325. The
valuation of property for 1877 is $104,669,889,
New Orleans.—The
was
and
15
personal.
assessed
real
State tax, 14^ mills; city tax,
A scheme for settling
bond premium drawing P‘an.18i2
mills; total tax, 29>£.
the debt by a
Apru
practice, and drawings take place January 31,
15, July 31, and October 15.
Population 10 l°*x*
191,418; in 1860, 138,670.
(V. 21. p. 64, 86, J™,
278,511,013; Y. 22, p. 471, 615; V. 28, p. 133.
397.)
CITY SECURITIES,
April 28, 1877.]
sut>*crlber» will confer a great favor by giving Immediate notice of any error discovered In these Tables.
DESCRIPTION.
Fer explanations see notes on
Date of
Bonds.
$....
1870
1870
1871
1872
1872
1871
1,000
*1,000
1,000
Various.
1841 to’03
1872
18-10 to’09
Croton water stock
New Croton Aqueduct stock
1805-0
Additional new Croton Aqueduct
1870 to ’70
r:
Croton water main stock
1871 to’72
1805 to’74
Croton Reservoir bonds
1800 to’70
Croton Aqueduct bonds
Croton water pipe bonds
1809
Cent. Park fund stock ($275,000 only due ’98) 1857 to’59
do
do
1850
CcntrafPark improvement fund stock
1858 to ’71
Dock bonds
1870
1800
Floating debt fund stock
Market^stock
1805 & ’08
1809
City Cemetery stock
1870
City improveiu’t st’k (part red’muble alter ’90)
do
do
1870-’73
Lunatic Asylum stock
1809
Fire Department stock..
1809 ’70
Fire telegraph bonds
1870-73
Tax relief bonds
1809
do
do
1870
coupon
N.Y. Bridge b’ds ($335,500 red. after July, ’90)
1809-77
Accumulated debt bonds
1809-’70
Street improvement bonds
1809
Street opening and improvement bonds
1871
Ninth District^Court-house bonds
100 Ate.
100 Ate.
100 Ate.
100 Ac.
100 Ate.
100 Arc,
100 Ate.
100 Ate.
100 &e.
100 etc.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate,
100 Ate.
100 Ate.
100 Aic.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
500 &c.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 Ate.
100 &e.
100 Ate.
100 Ate.
do
1863.402-',957
Department of Parks improvement bonds....
•
•
•
•
Assessment bonds
City parks improvement fund stock
187i
Normal school fund stock
Public school building fund stock
Additional Croton water stock
1871
1871
1871
1872
1874
1870
1873
Sewer repair stock
Consolidated stock
do
20-50 (redeemable Julv ’90/
Museum of Art and Natural History stock....
1874
1874
1877
Improvement of Third avenue—23d ward
Liquidation of claims and judgments
Central Park cons, improvement bonds
County Court-house stock
No. 3
do
do
No. 4 At 5
Soldiers’ bounty fund bonds
Soldiers’ subs, and relief red. bonds
Soldiers’ bounty
Soldiers’
fund bonds, No. 3
bounty fund red. bonds, No. 2
Riot damages fed. bonds
do
indemnity bonds
Assessment fund stock
do
do
do
do
do
do
Repairs to buildings stock
Consolidated stock, gold, coupon
Accumulated debt bonds.... .T
N.Y. aud Westchester Co. improvement bonds
Consolidated stock
For State sinking fund deficiency
,
Debt of Westchester towns annexed
J. At D.
F. At A.
Registered stock
Coupon bonds
do
do
do
do
trust fund
f
paving
water (a mort. on
7*3
7 g.
7 g.
water works.)
A. At 0.
2,900,000
250,000
3,540.000
5, 0 A: 7
3,935,000
905,037
5, 0 At 7 M. At N.
0
Q.-F.
1,971,931
7,209,400
700,000
521,953
597,580
2,707,000
3,000,000
2,335,500
0,500,000
3,601,739
1,000,000
300,000
3,832,500
13,595,300
5,605,000
200,000
630,000
742,000
205,000
8,779.700
1,858,350
808.000
05.000
233,483
563,475
1,240,000
2,400,000
000,000
183,091
4,000,000
940,700
745,800
370,600
i,ooo;ooo
855,204
1,719,400
492,700
152,000
900^450
lociooo
14,702,000
0,000,000
30,000
1,080,200
3,899,493
1,250,000
Q.-F.
...
j
28,500
202,700
220,500
189,300
500,000
0
0,630,021
1,725,000
-
0.500,000
....
4,853,500
Ji
$
118,241,557
Sinking funds... 26,015,778
Net debt
$
119,056,903
27,748,307
M. At N.
A
M. At N.
-g
8
8
8
8
8.701,000
....
5 At 0
0
0
0
6
J.
J.
J.
J.
J.
&
&
At
A,
At
Real
Year. estate.
$
Personal
estate.
$1,000.^
State. City.
Funded
debt.
$
174.624,306
1862.-399,556,404 172,416,031
191.967,161
224.920,505
181,423.471
257.994,974
276.389,451
f 868.
.623,236,555 285 199,972
3
3
4
5
4
3
62
87
27
31
96
94
67
13
72
4
6
281,'142,696 2
305,285,374 2 70
2,250 306,947,233 4 43
j
|
are represented
;
j
j
j
able out of local assessments on
vances
Net
306,949,422 5 20
292,597,643 5 41
16
13
16
16
36 f
45 J,
08
08 ^
17
" 29
“ 5
24
19
22
70
19
19
17
33
19
20,087,301
21.69%506
26,185,190
33.7694501
94 ^ 35,973,537
06
33,654,683
03
32,914,421
17 c 35,983,647
98 'S 47,791,840
80 « 73,373.552
90 o 88,369,386
81
95,582,153
59 1106,303,471
i
<D
g
1894 At 1897
1888
1889 At 1926
1889 At 1892
1889
1889
1884
g
dH
**“*
^
r-i
w
4879
§3
1890
1905 At 1926
1884 to’88
4) O
<D
W
1877,’78, ’88
Si
^
1879 to ’82
<L>
!-,*£♦
u
Z
!•§
~
1
CS
<D Q*
'
’5
May 1,1878
1890
Nov. 1,1877 to'80
Nov. 1,1877 to ’80
Dec. 23, 1901
Nov. 1,1891
Nov. 1,1891
Nov. 1,1891
Nov. 1,1882
1894 to ’96
May 1,1916-’26
1903
Nov. 1,1877 At ’79
Nov. 1,1890
Jan. 10,1880
p’s
O M
H cd
July 1,1877 to ’79
Nov. 1,1878 to’80
§1
-
-t? ft
c3
<D *«H
is
c3
ft
CO
1877 to ’92
1884 to ’88
1894 to ’98
1883 to *90
1880 to ’81
1895 to ’97
1891
1877 to ’79
1882
1887
1903
1877-78
1910
1884 to’88
ID
1896 to 1901
1884 to’88
1891
1896
1877 to’86
<s>
M
.
bracing about 12,000 acres, were annexed to New
York. The report of Comptroller Kelly to the N. Y.
Legislature is given at some length in V. 24. p. 158.
An extract from Mr. Green's statement, made in Decomber, 1876. in regard to the city finances, is in V.
23, i>. 53 \
The outstanding assessment bonds (pay¬
|
.'1,025,779
Rate tax p.
U,
1887 At 1895
Nov. 1, 1901 to
.
1878 to ’85
J. At J. 2 Norfolk, Treasurer’s Office.
do
do
,r. * j.
do
M. At S.
do
A. At O. 2Norfolk, Cit. At Pcop. Banks
.J. At J. 2 Norfolk, Treasurer’s Office.
M. At N. New York, Park N. Bank.
i 1875...883.643.545 217,300,154 '—29-10—' 116,773,721
1,77. 1876. .892.428,165 *218 626,178 '—28 00—' 119,811,310
* Loss
$
sinking funds.
119,631,313 I The tax rate for 1877 has been, placed at $26 50, to
I raise $28,484,269.
By an act of 1874 the towns
28,179,102
i of West Farms, Morrisania and Kingsbridge, cm-
lows:
July 1, 1898
c
Q.—F.
Jan.
91,308,590
91,452,211
Temporary debt.. 20,854,700 21,322.200 2*2,371,460
Revenue bonds... 2,707,500
4,142,925
0,104,844
The population of New York by the U. S. census
in 1870 was 922.531, against 805,658 in I860. Since
Jan, 1, 1861, the valuation, rate of taxation, and
net funded debt, at end of
year, have been as fol¬
ti)
Q.-F.
Q.-F.
Q.-F.
Aug. 1. 1884
Aug. 1, 1900
Nov. 1, 1900
1907 to 1915
1907 to 1911
1880
1887 As 189S
r—1
Q.-F.
New York City.—The total debt of New York,
r-Jiate tax p.
Net.
Real
Personal
January 1, 1S77, was $148,l(i7,557; the amount of
$1,000.-, Funded
debt.*
State. City.
sinking funds $28,179,102. The following statement j Year, estate.
estate.
shows the details of funded debt, and the amount
$
S
S
1
in the city sinking fund at the dates named:
1874...881.547.995 272,481,181 6 95 21 05 115.187,969
Description.
3
O
Jan.. 1894
Sept., 1890
April, 1892
July, 1893
May, 1901
i
Bonds issued prior to consolidation
do
for railroad stock subsidy subscvipt’i s
1855
do
for water works
] 1S55 to ’71
1859 to ’70
Bonds for bridges
do
for park and Centennial
1S08 to’70
Jan. 1, ’75. Jail. 1, 70.
CTJ
Q.-F.
Q.-F.
Q.-F.
1, 1881
1879 At 1880
Nov. 1, 1902
1883 At 1890
....
1,051,804
Dec., 1880
1, 1911
1, 1922
1, 1922
Aug.
July
July
April
M. At N.
M. At N.
M. At N.
M. At N.
5 & G
7
M. At N.
M. At N.
G At 7
M. At N.
0
0
M. At N.
M. At N.
7
M. At N.
7
M. At N.
5 & 0
7
M. At N.
6
M. At N.
7
M. At N.
M. At N.
7
5, 6 At 7 M. At N.
M. At N.
7
5, 6 At 7 M. At N.
M. At N.
6
M. At N.
6
5 At G
M. At N.
M. At N.
6
J. At D.
0
M. At N.
5 At 6
M. At N.
6
M. At N.
7
M. At N.
5 At 6
M. At N.
5
5
M. At N.
M. At N
5
0
M. At N.
M. At N.
7
M. At N.
5 At 6
G
M. At N.
M. At N.
0
M. At N.
7
M. At N.
7
M. At N.
0
M. At N.
0
M. At N.
0
M. At N.
7
M. At N.
M. At N.
0
0
M. At N.
0 g. M. At N.
M. At N.
7
M. At N.
0
J. <St D.
7
M. At N.
7
0
June 1, 1895
1887 to 1897
New York or London.
do
do
New Orleans.
Q.-J.
5 A: 0
0 A 7
5 At 0
0
0
7
0
5
0
7 At 0 g.
0
0 At 7
7
New Orleans.
do
do
do
Q.-J.
2,414,000
75,000
-100
100
100
100
100
100
1874
1870
1872
1873
1871
Philadelphia—
Funded debt
Due.
Payable and by
Whom.
Various
5
370,000
Ate.
Ate.
Ate.
Ate.
Ate.
&e.
Ate.
Ate.
Ate.
Ate.
Ate.
etc.
Ate.
7*3
10
3,341,071
399,300
3,849,800
5,525,000
2,748,000
290,000
Ate.
Ate.
Ate,
Ate.
Ate.
J. At D.
021,900
490,000
450,000
....
7
8
Norfolk, Va.—
-
Where
Pay’ble
9,029,020
500,000
....
500
1875-0
500
500
1870
1802 to’08 100
100
1871
1872
100
1804
1804
100
1805
100
100
1805
100
1864
1864 to’72 100
1808 to 172 100
100
1873
100
1874
100
1875
100
1870
1871 to’72 500
1809 to ’70 100
1870
1874
1874
.
102,500
580,000
103,750
543,000
320,000
....
New York—
Water stock
Third District Court-house bonds
Armories and drill-rooms
$940,100
’57, ’07,’70
(drainage series)
Ten per cent bonds, deficit and old claim
New premium bonds (in exchange)
do
Principal—Wlien
Rate.
,
1
do
ilo
outstanding
When
1
of 1870
Jefferson Cifiy (debt assumed)
Wharf impr. bonds (assumed by lessees)
Street improvement bonds
Consolidated gold bonds (general series)
°
INTEREST.
Amount
or
par
Value.
first page of tables
New Orleans— (Continued)—
Seven per cent funding loan
do
Size
on
property benciitted)
by advances to contractors, ad¬
Boulevard work, and uncollected local
(V. 20. p. 14, 29: V. 21, p. 86; V. 22,
63, 563: V. 23, p. 135, 160; V. 21. p. 40, 158.)
J. 1 ?hila., Far. At
do
J.
do
J.
do
J.
do
J.
bonds due April, 1892, are two
let, issued to A M. & O. RR. and
Raleigh & Gaston RR.; series 2d, to private parties.
Both series are secured by deed of trust on city
property.
Coupons of 1st series are payable at
Citizen?’ Bank; coupons of 2d series at Peoples’
National Bank. Tax rate, $1 60; water tax, 40 cts.,
(special); total rate, 2 per cent.
Norfolk.—The
series—series
Total disbursements
of
the
city for 1876 were
> 1877 to 1903
)
1877 to 1905
was
estimated to
come
from other
than
sources
taxes, leaving $20,204,759 to be raised by taxes,
at
a
rate of
$35
per
$1,000
on
full city property.
estimates, however, were materially reduced
by the Councils, and the tax rate was put at
$2 25 -for full city property.
The following table
Ilis
exhibits the assessed valuation and tax rate in the
city since 1870:
Real
Estate.
Personal
Estate.
$170,851,800
491,814,096
502,415,863
518,234,568
539,003*602
565,849,095
$8,188,873
Year.
1870..
1S71..
1872..
1873..
1874..
1875..
1876..
1877..
....
.....
585,408,705
593,313,532
,
8,592,786
8,608,819
8,9:30.700
9,239,933
9,434,873
10,004,673
9,755,000
Rate Tax
per
$1,000
$18 00
lj8 00
20
21
22
21
80
50
00
50
21 50
22 50
large amount of city debt maturing in the
Assessed valuations for 1877 are :
Full city property, $545,036,521; tax rate. $2 25;
suburban property, $38,252,980; tax rate, $1 50: farm
property, $19,779,031; tax rate, $1 12>£. Population,
There is
no
next five
Philadelphia.—The total funded debt, January 1,
1877, was $55,569,871; guaranteed debt, $5,599,400;
floating debt, $11,721,101. Sinking funds, $ 11,376,000.
do
do
do
do
$14,165,210, classified as follows: Judgments.. &c.,
$744,*277; interest on city loan, $3,740,7133; interest
on
endorsed warrants, $299,497;
sinking funds,
$805,345; warrants of previous years, $6,063,340;
amount paid on loan warrants. $1,539,110;
erec¬
tion of public buildings,
$74,079; school fund,
$8,593 State tax on settlement, $38,646; oash for
the
The Comptroller’s
departments, $809,943.
statement to form a basis for taxation in 1877,
Nov. 1, 1876, making total estimated
was issued
liabilities, $29,384,029.
Of this amount $9,159,269
assessment''.
p.
1877 to ’85
Mccli. N. B’k
1870.
years.
h74.02‘>
against
565.529 in
1860.
Subscribers will confer
a
[April 28, 1877.
SECURITIES
CITY
XU
great flavor by giving immediate
notice of any error discovered. In these Tables,
INTEREST.
For explanations see
Size
Date of
Bonds.
DESCRIPTION.
notes on first page of tables.
Philadelphia- - (Continued).
•-
1862 to*65
1860 to’70
Bonds for war and bounty purposes
do
municipal, school, sewer, Ac....
Guaranteed debt, gas loans
par
Value.
outstanding.
$....
$11,650,000
i
15,509,750
5.599.400
Pittsburgh—
4.413.400
1,537,286
2,179,469
4,806,700
Water extension loan (coupon or registered).. 1868 to ’74
1815 to ’72
Funded debt and other municipal bonds
1863
Compromise railroad bonds (coup, and reg.)..
Bonds impr. Penn.av., Ac. (local assessment). 1871 to’73
Portland, Me.—
.Loan to
do
do
do
do
Municipal—proper
In aid Atlantic A St. Lawrence Railroad Co
Providence, R. 1
\
5
787,000
1,000
Atlantic & St. Lawrence Railroad Co. ’68,’69,’70
1867 to’69
Portland & Rochester Railroad
1872
do
do
1867 to ’68
Building Loan Commissioners
1872
Portland A Ogdensburg
700,000
450,000
570,000
1,350,000
500 Ac.
1,000
2,230,300
t
375,500
C
1852-75
500 Ac.
1855
1 863
1872
1000Ac.
600,000
lOOOAc.
300,000
2,000,000
—
Bonds for public
improvements
Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg
do
lOOOAc.
lOOOAc.
lOOOAc.
£100
1874
do
do
1876
1875
1872
do
do
do
City Hal l A sewer loan b’ds, sterling, op. or reg
Prov. A Springfield RR. bonds, guaranteed...
Rochester, N. Y —
i
2,000,000
1,500,000
1,400,000
500,000
lOOOAc.
Various
lOOOAc.
J.
J.
J.
G
6
6
6 A 7
4 A 5
7
500
500
500
500
500
500
500
500
500
500
500
500
500
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
105,000
435.500
377,000
250,000
197,000
246,000
.
385,000
.200,000
475,000
2-10,000
150,000
5 A 6
5
6
5
5 A 6 g.
5 g.
•r» g.
5 g.
6
7
7
7
7
7
7
7
6
6
6
g.
g.
g.
10 A 6
10
1846 to’71 Various
Renewal and floating debt bonds
Real estate, buildings and general purposes.. 1840 to ’68 Various
1851 to’66 Various
Street improvement bonds
1856 to’58 Va rious
Water work bonds (old)
1868
.1,000
Tower Grove Park bonds (gold)
1.000
1855 to ’69
Sewer bonds
1852 to ’68 Various
Harbor and wharf bonds
1867 to’70
1,000
New water work bonds (gold)
1872
do
do
do
1,000
1871 to’73
1,000
Renewal and sewer bonds (gold)
1873
1,000
Renewal purposes, gold or sterling
1875
1,000
Renewal, Ac., bonds, gold, $ and £
1874
1,000
Renewal, Ac., bonds, gold or sterling, coupon.
500
1872
Bridge approach bonds (gold)
St. Louis County bonds assumed—
1867 to’71
Renewal bonus, coupon
1,000
1853 to’55
Bonds to railroads, coupon
1,000
1867
Insane Asylum
1,000
.
1868
1,000
County Jail
1872
General purposes, gold
1,000
1873 to ’75
1,000
Renewal, gold
1875
1,000
Park bonds, coupon, gold
1875
1,000
County bonds
1,950,000
1,249,000
Pittsburgh.—The total debt Feb. 1, 1875, was $13,533,819, including water loan and bonds, chargeable
on local assessments.
Cash valuation in 1875 : Real
property, $149,459,070; personal, only $2,677,048,
according to Comptroller's report. Sinking funds,
$553,202.
Population about 140,000,
Portland, Me.—The sinking fund March 31.1876,
was
on
ter
The city is protected by mortgages
and on Portland A Roches¬
Railroads, and holds 7,143 shares of Portland A
$537,191.
At. A St. Lawr.
Ogdensburgh stoek.
Assessed va'ue of real estate
in 1876, was $18,708,509; personal, $11,951,853. Tax
rate, $25 per $19 00. Population in 1870,31,413,
against 26,341 in 186).
Providence, 12.1.—The principal debt of Providence
has been created since 1872 for water works. The
floating debt at close of fiscal year September 30,
1876, was .$1,834,996, and funded debt, $7,797,250.
3'he assessed valuations of all property in 1876 were:
real estate, $84,981,< 00; personal,
of tax, $14 90 per $1,000. The
6
6
6
6
6
6
6
6
6
6
6
681,000
1,074,000
707,000
2,072,000
461,000
g-
g.
g.
gg.
g.
g.
g.
rr
450,000
100,000
500,000
600,000
450,000
4
6 g.
6 g.
6 g.
6 g-
2,300,000
500,000
$36,084,200.
Rate
sinking fund for
12 A 7
7
s •
6
6
519.500
453,000
45,349
589.500
45,000
98,000
1,000,000
728,000
A
A
A
M. A
J. A
J. A
A. A
M. A
J.
J.
Rochester.—The bonds
San
1902
July 1, 1903
do
Joseph and New York.
Y., Nat. B’k Commerce.
Yr., Nat. Bk. Commerce.
do
do
do
do
do
do
1880 to ’89
Nov., 1889
1878 to’89
1891
do
do
do
do
do
Various!
paying the
of property
About $54,000,090 of mortgages are now
Sinking funds raised
annually amount to $263,560. Tax rate in 1S7G-7 is
$2 12'4 per $100, against $1 6C>% in 1875-6.
Savannah, Ga.—Default was made on interest due
Nov. 1, 1876, in consequence of yellow fever and
non-collection of taxes. In 1873 and 1874 $400,000
bonds were issued and sold in Savannah, realizing
of floating
1877 to 1881
1878 to 1880
July 1,1887
Sept. 1, 1883
June, 1892
1893 to 1895
do
do
do
April 1,1905
May 1,1895
1877 to’90
1877 to’86
1889, ’90, ’96
1S83 A ’98
1900
do
do
do
1877 to ’88
May, 1900
1877 to’81
1877 to ’89 1873 to’79
Aug. 1,1877
1893 A ’91
do
1876 to’81
New York,
do
do
| Various
receipts from a
$324,730, and leaving only about $136,277
1873
1883
1888
1886
1879
1890
1900
...
Various
Various
F. A A.i
Francisco.—Population by the U. S. census
omitted from assessment.
J. N.
J.
J.
S.
D.
J.
O.
N.
A. A O.
M. A N.
F. A A.
of 1870 was 149.482, against 56,802 in 1860.
Real
estate for the fiscal year ending June 30. 1S77, iassessed at $190,221,003; personal property at $70,-
641,340.
Feb.,
Nov.,
Dec.,
Feb.,
Nov.,
June,
Nov.,
Jan. 1
St. Paul and New York.
do
do
Various N. Y., P. M. Myers A Co.
.T. A D.
J. A D. N. Y., Farmers’ L. A Tr. Co.
of Genesee Val. RR. loan.
lease of said road to Erie RR. Co. after
interest out of said receipts. Valuation
about $62,000,000. Rate of tax. $1 33.
do
do
do
do
do
do
do
do
M. A N.
M. A N.
$443,643; sinking funds of 1893
$162,947; 1895, $37,940; 1900-6, 92,504. Population
by U. 8. census, 1370, 63,901; by State census, 1S75,
$172 000, are provided for by net
and Savarmali.
1878 to’91
Various N. Y., Nat. Bank Republic
1878 to190G
do
do
Various
1879 to ’86
do
do
Various
18S0 to ’83
do
do
Various
Aug., 1898
do
do
F. A A.
1877 to’89
do
do
Various
1877 to ’88
do
do
Various
J. A I). New York and St. Louis. June, 1887, to '90
April 1,1892
A. A O. N. Y., Nat. B’k Commerce.
>1891 to’94
do
do
Various
Nov. 1, 1893
New York or London.
M. A N.
do
May 1, 1895
do
M. A N.
do
July 1, 1894
do
J. A J.
Dec. 10,1892
J. A D. N. Y., Nat. B’k Commerce.
bonds due in 1885,
100,800.
1899
do
....
6
8
7
73
8
A 8
1893
1876 to 1902
Jan. 1,1903
1905
1, 1891
July 1,1894
...
7
1878 to 1903
1897 A 1904
Various N. Y., Nat. B’k Commerce.
T.
4
6 g.
7
1,490,000
1892
Nov.
do
do
do
do
do
do
do
Various St.
J. A J. X.
Jail., 1900
July 1, 1906
July 1,1895
July 1, 1894
May 1, 1895
April 1,1881
Oct. 1, 1887
June 1,1882 to ’90
July 1, 1894
do
do
do
do
D.
J.
N.
J.
N.
J.
J.
Sept., 1885
Jan., 1893
Jan., 1900
Jan. 1, 1888
1877 to’78
Oct. 1, 1883
*
M. A N.
6
166,000
499,927
67,210
263,125
200,000
100,000
100,000
April, 1877
San Francisco,
do
do
do
do
do
do
do
A J.
Various
A
A
A
A
M. A
J. A
J. A
6
6
336,000
346,000
885,000
1,219,000
3,950,000
1,250,000
‘
1893 to ’98
1877 to 1912
1913
1883'to ’85
1907
1 876 to ’91
S.
Providence.
doJ.
J. Boston, Prov. and London.
J. N. Y., N. City Bank, A Prov.
do
do
J.
J. London, Morton, Rose A Co
Providence.
A
A
A
A
A
A
J.
J.
M.
J.
!
Various
Various
Preferred bonds
Various
8 per cent bonds
1868
Lake Superior A Mississippi Railroad
I 500 Ac.
1,000
St. Paul A Chicago Railroad
Public Park (Como.)
Toledo, O.—
General fund and deficiency bonds, coupon... ’70,’71 ,’74i
1870
Toledo A Woodville Railroad, coupon
1859-65
Various City purposes, coupon
1859-’74
do
do
do
1869 A ’73
do
do
do
1867
Floating debt, coupon
11873 A ’74
Water works
1873-75
Short bonds, chargeable on special assessm’ts
M.
,1.
J.
J.
J.
J.
‘
St Louts—
St. Paul, Minn.—
Revenue bonds
A. A O.
F. A A. New York
do
M. A N.
299,400
500,000
Bridge bonds.
Boston and Portland,
do
do
do
7
1.809
1858 to’69
1871
m’nthly
A. A O.
J. A J.
M. A N.
A. A O.
A. A O.
J. A D.
J
A J.
J. A J.
M. A N.
J. A J.
g.
g.
g.
g.
6 A 7
RR., 18G9. 1860 to’69
Philadelphia.
•
Boston, Foote A French.
Boston, Columbian Bank.
g.
150,000
500 Ac.
1883 to 1905
M. A N.
J. A J.
J.
431.500
1872
1873
Various
g.
g.
500
500
100 Ac.
500
For
floating indebtedness
St. Joseph, Mo.—
Bonds to St. Joseph A Denver City
do
Missouri Valley Railroad
Bonds for various purposes
500
1,000
1,000
\ 1877 to 1905
do
J. A J. N. Y., Metropolitan N. Bk.
F. A A. New York and Rochester,
do
do
Various
N. Y., Union Trust Co.
J. A J.
do
do
7
7
7
7
7
7
7
7
1,000
do
A. A O
Philadelphia.
Various Pittsburg, Phila. A N. Y.
J. A J. New York, B’k of America.
750,000
500
500
500 Ac.
100 Ac.
Mecli. N. B’k
Nov., 1886,’87,'88
July, 1887
July 1, 1897
June, 1877
J. A D. Dost., Blackstome Nat. B’k,
6
6
193,000
64,500
937.500
368,800
117,000
349.500
534,000
500,000
400,000
Harbor, Ac., improvements
A J. Phila., Far. A
do
A J.
do
A J.
c
.
542,000
Due.
and by
Whom.
Pay’ble
410,000
1875
Funding loan
San lYancisco—
1858
Bonds of 1853, coupon (gold)
1862
San Francisco & St. Jose RR., coupon (gold)..
1863 to ’64
Judgment bonds, coupon (gold)
1864
Central Pacific Railroad, coupon (gold)
1865
Western Pacific Railroad,
do
do
1866 to’67
School bonds,
do
do
1867
Judgment bonds,
do
do
1870 to’72
School bonds
1874
do
1872 to’75
Park improvement bonds
1871 to’73
Hospital bonds
1874
House of Correction bonds
1875 to’76
City Hall construction
Savannah. Ga.—
1853
Construction of water works
1853
Improvement of Savannah River
1853
Savannah, Albany & Gulf Railroad
:
1866
Funding coupons and other purposes
1869
Redemption of bonds
1870
do
do
1870
Bonds for city improvements
Where Payable,
When
Rate.
172,000
750,000
1,065,000
3,182,000
1,000
To Genesee Valley Railroad
To Koch. A State L. and R. N. & P. Railroads.
For various city improvements
Waterworks loau. Coupon and registered
Principal—When
Amount
or
do
debt Dec. 31, 1874. The city owns real estate and
other property valued nominally at about
Assessed value of real estate, $11,600,000. Popula¬
tion in 1870, 23,235, against 22,292 in' I860. „
St. Joseph, Mo.—Population in 1870 was 10,565,
$4,287,600.
against 8,932 in 1860. Assessed valuation of property,
$11,000,090; rate of tax, '23mills. (V. 23, p. 133, 175.)
St. Louis.—Population by the U. S. census in 1870
was 310,864, against 160,773 in 1860.
The oily and
county were separated by law
sumed the county
bonds.
in 1877 and city as¬
Total funded debt of
city April 11, 1817, $16,247,000. Taxable valuation
of property, about $179,655,w8); tax rate, $2 71 per
$10 ). (V. 22, p. 518.1
St. Paul, Minn.—Population in 1370 was 20,030;
in 1875, by State census, 33,237. Assessed valuation
one-fifth
of taxable property, $13,194,285, or about
of the actual value; tax rate, 14 mills. (V. 15, p.
626.)
Toledo—Funded debt, -Ian., 1876, $2,828,754; in¬
crease during 1875, $186 817. Debt payable by special
assessments. $728,090. Taxable valuation of prop¬
erty, $19,798,580; tax rate, $4 44 per $100.
RAILROAD STOCKS AND BONDS.
April 28, 1877.]
Subscribers will confer
great favor by giving immediate notice of any error discovered in tliese Tables*
a
DESCRIPTION..
For
explanation of column headings, &c„
on
first page
of tables.
see notes
Alabama Central— (Selma A Merid.)— 1st mort..,.
Alabama d Chatt—1st mort., gold, guar, by Ala
2d mort., $0,000 per mile, not guaranteed
Receiver’s bonds or certificates
Miles Date
of
of
Road. Bonds
200
201
142
1 42
142
142
142
Alleghany Yalleg—Stoek
202
.
1871
1800
1800
1872
81
200
Albany & Susquehanna—Stock
1st mortgage
Albany City loan (sinking fund, 1 per ct. yearly).
2d mortgage
3d mortgage, sinking fund
Consol, mort. (guar. D. All.) coup., may bereg...
General mortgage
Bonds to State Pa. (endorsed) 2d mort
1st mort., East’ll Extern,-guar, by Pa. RR
Funding income bonds, with tratric guarantee
Alexandria <£• Frcdricksbnrg—1st mortgage
Arkansas Central— 1st A 2d mortgages, gold
Ashtabula. Youngstown <6 Pitts.—1st mortgage
2d mortgage, income
132
110
110
202
51
48
Atchison, Topeka it- Santa Fe—1st mort., gold
Land grant mortgage, gold, (on 3,000,000 acres).
Consol, bonds, gold
470
1863
1805
1805
1800
1870
1800
1870
1871
1874
1800
1871
1871
1874
1871
1 800
1870
021*3
Pottawattomie bonds (contingent)
Wichita A Southwest, (leased) 1st M., gold, guar..
Kaus. City Top. & West., (leased,) 1st M., gold
Pueblo A Ark. Yal ley, (leased,) 1st M., gold
Atlanta c£ JliehnTd Air L.—New mort. for $500,000
’
Atlanta d West Point—Stock
Atlantic d Great Western—Stock (total $40,000,000)
Preferred stock
Old 1st mortgage bonds, Ohio Division
1st General
2d
do
3d
do
mortgage ($18,000,000)
do
($12,000,000)
do
($20,000,000)
Leased lines rental gold bonds (Cl. A M.)
do
do
(P. P., P. V. and 8. & A.)
Western Extension certificates (CL, Col., Ciu. & T.)
do
do
do
bonds
Atlantic & Gulf— Common stock
Guaranteed stock
Southern
Georgia & Florida, 1st mortgage
do
Atlantic,Miss. cC Ohio—Stock, (corn’ll, pref. A guar.).
1st mort. consolidated, gold (for $15,000,000)
*
do
do
do
1st
2d
do
do
South Side—1st preferred consolidated mortgage
do
2d
do
do
do
do
3d
do
do
do
*
do
do
do
do
do
do-
4th
mortgage
148
!
sterling, 5-20
years
do
do
....
-
Loan, 1850
150
150
150
150
150
150
53
51
51
588
52
30
Baltimore A Ohio—Stock
Preferred stock
Washington branch
1
1870,sterling, £800,000
y
500 Ac.
....
1,000
....
1,000
0,080,000
100 Ac.
5,403,900
500 Ac.
1,000
1,000
1,000
1871
1871
1871
,
1872
1873
1873
1807
.
.
100
100
100
Alabama Central.—In default since Januar}', 1872.
a new
adjustment.
352, 450: V, 24, p. 13, 135, 136, 369.)
500
2,0(50,000
was
leased for
150 years from 1870 to Delaware A Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol,
mortgage is for $10,000,0.0, of which $3,450,000 is
to retire old bonds, and balance for a
part of old
stock and to lessee for improvements, which
up to
April, 1876, were $1,978,672. (V. 22, p. 399, 495; V.
23, p. 101, 427.)
Alleghany Valley.—This road was cnibarra°sed in
1874, and compromised with creditors. Of income
bonds, $2,271,903 are held by individuals, and pay
interest in cash; $3,132,003 held
ly railroads draw
interest in bonds. No floating debt nan. 1, 1S77,
beyond
current expense account. Abstract of oper¬
ations in 1875 in annual report, V.
22, p. 3 9 2.
Alexandria & Fredricksburo.—The Pennsylvania
Railroad holds $522,000 of the bonds and controls
tue road.
Arkansas Central.
—
Most of the bonds
were
sold in
London, where $600,OTJ of 2d mortgage bonds were
also hypothecated. Receiver
appointed, March, 1876,
and decree of foreclosure
April, 1877. (V. 22, p.
374; V. 23, p. 302; V. 24, P. 315!)
■
Ashtabula, Youngstown & Pitts.— It is leased and
operated by Pennsylvania Co. at cost. Net
earnings
paid to lessor, but lessee guarantees interest on
1st mortgage for
five years.
Common stock,
§1,500.000;
preferred,
$34,156.
$400,000.
Net earnings, 1875,
Atchison & Nebraska.—Interest
September 1873.
Gross
was
in
7
7
7
7
7
7
8
7
1,748,500
3,003,200
785,070
2,000,000
300,000
100
100
500 Ac.
404,000
200,000
0,021,000
5,470,000
1800
....
1871
1871
1857
500 Ac.
1857
500 Ac.
1808
1,000
1800
1,000
200 Ac.
1800
1860
200 Ac.
1854
1,000
18(55
1,000
Var’us Various
1800
100 Ac,
....
g*
g*
g.
g.
g.
g*
£100
£100
£100
100
100 Ac.
1861
1804
300,000
157,000
458,000
084,000
(521,000
452,500
900,000
000,000
84,100
220,000
28,(500
4,070,080
1
787,000
1,500,000.
713,000
484,000
1,022,000
330,000
100,000
13,144,100
4,348,4(50
1,050,000
570,500
1,000
100
100
100
1874-5
.
1 710 000
3,308,050
3,253,020
£200
default
earnings, 1875, $270,955;
A J. N. Y., Winslow, L. A Co. March 1,1896
Jan’ary Harrisburg, Treasury. $100,000 y’rly.
A. A O. Philadelphia or London
Oct., 1901
J.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
O.
Pittsburgh.
Phi la., Pen 11. RR.
D.
J. London A Amsterdam.
O. N. Y., Winslow, I.. A Co.
J. Pittsburgh, Penn. Co.
S.
Boston, at Office.
x
J. N. Y., G. Opdyko A Co.
O.
Boston.
do
O.
do
J.
J
do
N.
do
do
J.
do
J.
do
J.
A J.
1894
Juno 1,
1896
July, 1801
1001
1004
Sept. 1, 1896
July, 1800
Oct.
3^872,000
’77,’78,’79 &’82
.Tilly 1, 1002
July 1, 1905
1905
Atlanta, Ga., atTrcas’y.
Feb.
A. A O. New York and London.
do
r
J. A J.
do
M. A S.
do
do
do
M. A N.
do
do
J. A J.
do
J. A J.
London, Co.’s Office.
do
J. A J.
do
Oct.
1, 1876
Jan., 1902
Sept., 1902
Nov., 1902
Jan,, 1902
Jan., 1003
July 1, 1876
Savannah.
A. A 0. N.
8
7
8
8
J. A J. N. Y., Perkins, L A P. Jan. 1,
J. A J.
do
do
Jan. 1, 1877
J. A J.
do
do
July 1, 1893
J. A J.
do
do
Jan. 1, ’84-’90
J. A J.
do
do
Jan. 1, ’84-’90
do
J. A J.
do
Jan. 1, ’86-’90
J. A J.
do
do
July 1, 1884
J. A J.
do
do
Men. 1, 1900
J. A J.
Jan. 1, 1875
Lynchburg Office.
J. A J. N. Y., First Nat. Bank. July 1, 1880
*
N. Y.,
M. A N.
M. A N.
July, 1897
Perkins, L. A Post
do
do
do
do
1889
1889
Y., First Nat. Bank.
Oct.
0
8
8
S
F. A
A
j M. A
(5 g. ! A. A
(5 g. ! M. A
(5 g.
.M. A
3 Lo
J. A
0
J. A
7
J. A
5
i M. A
3
J .1. A
5
A. A
0
! J. A
\
A*
6
(5
M. A
(5 g. i I. A
0 g. 1 J. A
A.
Portland.
S. London, (Jr. Trunk Rw.
N.
Portland.
O. London, Gr. Trunk Rw.
do
do
N.j
do
NY
do
D.l
Savannah.
J. Pliila.,Farm. A M. Bank
do
do
J.
N.
Baltimore Office.
J. Balt., Merchants’ Bank.
Baltimore Office.
O.
J* Balt., Merchants’ Bank.
O *
1
22, p. 135. (V. 22, p. 583; V. 23, p. 378, 575; V. 24,
p. 180, 201, 369.)
Atlanta <ft West Point.—Gross earnings, 1875-6,
$283,498; net earnings $99,539. There are $83,009
bonds outstanding.
(Y. 23, p. 302.)
leased
to the Erie for 99 years
lease did not go into
July, 1874) default was
from May 1, 1874, but the
clfect.
Shortly after (in
made on its bonds. The
last annual
report, to Dec. 31, 1876, will be
found in V. 24, p. 372. Proceedings looking to
re-organization arc in progress, and a considerable
amount of securities has been deposited by hold¬
ers with the London Committee.
The report of the
trustees, to carry out the reconstruction scheme
announces that the deposit of bonds by holders,
the extent
1 M.
3 g.
(5
Atlanta <ft Richmond Air Line.—Sale in foreclosure
made December, 1876.
Report of earnings Ao., Y.
of about 3.000 bond¬
holders. representing $28,903,000 1st, 2d and 3d
mortgages. But a good deal of money is required,
and only some £7,112, by 220 bondholders, has yet
been obtaine 1. V. 22, p. 181, 3i7, 352; Y. 23, p. 40,
110, 131, 159, 3 2 8 , 450, 593, 646; Y. 24, p. 88, 156,
241, 345.)
Atlantic & Gulf.—The Company also has $500,000
10 per cent coupon notes outstanding; $45,000 Junc¬
tion Branch RR. bonds, and $52,500 Bainbridge
Extension bonds. Interest on consol, bonds due
i901
1§77
(5
notes of ’82, paid half in
1,
*
(5
cash and half in scrip due 18^2. The K C‘. T. & W.
is leased at 3) per cent of gross earnings, rising to
31 per cent in 1880 and thereafter.
(Y. 22, p. 232,
327, 445; Y. S3, p. 15, 353.)
was
1, 1877
7 g*
Atchison, Topeka eft Santa Fe.—Net earnings, 1875,
Interest is paid on $976,000 of the 2d
$821,*07.
Atlantic <ft Great Western.—This road
1, 1900
1003
.
consol. morfgaze bonds, but on the balance of that
issue coupons were funded to Oct., 1876, and were
then paid, half in cash and half in ten-year scrip.
has been made to
Oct., 1885
May, 1881
April 1, 1000
J. A J.
$272; unpaid coupons to Jan., 1876, $750,000.
V. 22, p. 399.
on
Nov., 1895
7
7
7
7
|
18(54
1871
1853
July, 1888
4,000,000
100
.£100
3,000
Jail. 1, 1877
3*2
■
....
Coupons, of Jan., r77,
Susquehanna.—'This road
>
Annual report
Alabama <ft Chattanooga. —Road sold May 3, 1
P.75,
for 11,200.000, subject to lien of receiver's certifi¬
cates. Sold
again October 4, 187(5. but purchaser
failed to comply.
Sold again Jan. 22, 1877. (V. 22,
)>• Ob 87, 135, 157, 521; V. 23, p. 59, 62, S5, 134, 255.
Albany
net,
7-30
5
7 or 0 g.
7
7
8 A 7 g.
7 g.
7
8
7 g.
7 g.
7 g*
7
12
7
7 g.
15,105,200
J
Negotiations pending for
7
9,876/250
2,410,300
1,000
1,000
1808
J. A J. N. A'., B’k of Commerce.
J. A J. N.Y.,l)el. A Hud.Can.Co
M. A N.
do
do
A. A O.
do
do
M. A N.
do
do
A. A O.
do
do
J.
11,080,080
28,783,000
5,355,000
3,508,000
...
7
(5
7
7
Whom.
A J. N.
A J.
A J.
24,795,298
500 Ac.
500 Ac.
500 Ac,
i860
3Li
4
412,000
'
.
June, 1901
Jan., 1889
Jan., 1889
7 g*
202,750
475,000
488,500
1,000
Y., Third Nat. Bank.
(?)
1,232,200
3,370,000
3,202,000
1,000
1,000
Stocks—Last
Dividend.
050,000
1,770,000
3,750,000
7,041,000
500 Ac.
500 Ac,
.
8
7
When
Bonds—Princi¬
pal, When Due.
Payable, and by
A.
J.
J.
A.
.1.
M.
J.
A.
A.
J.
J
M.
J.
J.
J.
1,000,000
1,200,000
1,500,000
400,000
....
t
.
1,505,000
2,1(50,500
4,000,000
3,200,000
When
Payable
J.
.7.
J.
8 g*
253,000
1,000
1850
1853
1870
1855
Baltimore loan, 1855-’90
Debentures, sterling
100
1,000
1,000
1,000
....
400
400
400
....
5,220,000
2,(573,000
1,200,000
3,500,000
1,000,000
033,000
2,000,000
1,000
....
1877
87
585
585
Registered certificates
Interest funding bonds
Sterling bonds, not mortgages
Augusta cC- Savannah—Stock
Bald Bugle Talley—1st mort., s. f.($5,000per
year).
2d mortgage ($5,000 per year)
do
1872
1875
205 L*
133
133
214
214
Admitted. Pacific—See St. Louis A- San Francisco.
Atlantic <f; St. Lawrence—Stock, currency
Stock, sterling
Portland city bonds, 1st mort., sinking fund
2d mortgage,
3d
do
27 i*3
50
133
Virginia A Tennessee—Enlarged mortgage
8
....
428
81
81
81
Petersburg—1st mortgage
$1,600,000
1,000
1,000
....
428
428
2d mort. to the State (no interest till 1S80)
$....
....
58
58
2d mortgage
Rate per
Cent.
....
280
-r..
Outstanding
....
....
Amount
Value.
....
y
do
Norttolk A
do
....
340
Consolidated 1st mortgage
Savannah Albany A Gulf RR. mort. bonds
or
Par
50
O2L3
,
INTEREST OR DIVIDENDS.
Size,
j
150
Notes
I,and income bonds....
xili
S.'
London.
J.l
Baltimore Office.
J.'
London, Naylor A Co.
i
■
Feb., 1877
15, 1877
May 2, 1886
Oct. 1, 1884
Oct. 1, 1891
Nov. 1, 1878
Deo., 1876
July 1, 1881
July 1, 1884
May 1, 1877
Mar.
Jan.
1, 1877
April 17, 1875
1880
1885
1895
1890
1878 A 1880
Jan. 1, 1877. was not
pointed in March.
181, 203, 368.)
paid, and receivers were ap¬
(Y. 22, p. 469; V- 24, p. 39,
Atlantic, Mississippi <ft Ohio. — Of the stock
$5,845,700 is common, $800,000 preferred, and $276,200
guaranteed;
the company
itself
holds
$3,441,200 of the common, all the preferred,
and $165,700 of the guaranteed stock.
Gross earn¬
ings year ending September 30, 1S76, $1,742,251;
expenses, $1,201,712; net earnings, $510,538. There
decrease of gross revenue by $40,202,
decrease of net revenue of $132,967. The
company funded one
coupon
on old
bonds,
January, 1874, but paid
subsequent
coupons
in part.
Funding notes due 1875 and 1879 were
issued. In October, 1875, in London, the company
made a proposal to fund whole coupon then due,
on consol, bonds, and four-sevenths of coupons due
up to 1881, paying three per cent cash on coupons
till 1831, ana balance, if earned. A bill to foreclose
t ie consolidated mortgage was filed by the trustees
thereof, at Richmond, Ya., March, 1S76, and in
.June receivers were appointed. Extract from Presi¬
dent Malione’s circular to bondholders, showing the
financial condition, is given in the Chronicle. V.
22, p. 23L (V. 22, p. 567. 583; Y. S3, p. 62, 85, 232,
255, 278, 352, 402, 427, 499; V. 24, p. 203, 226.)
Atlantic & St. Lawrence..—Leased for 999 years,
from July, 1853, to
Grand Trunk Railway of
Canada. Annual rent, 6 per cent on bonds and
stock.
was
and
a
a
Augusta <ft Savannah.—Leased to Con Oral of Geor¬
gia for $73,600 per annum ; has surplus fund of
about $50,000.
Bald Eagle Vculey.—Leased to Pennsylvania Rail¬
road at 40 per cent of gross receipts. The Pennsyl¬
vania Railroad holds all the 2d mortgage bonds.
Baltimore eft Ohio.—The annual report for 1876-6
was published in the Chronicle, V. 23, p. 624The
gross earnings of the “Main Stem,’1 &c., and finan¬
cial condition of B. & O. Co. for four years were
as
follows:
RAILROAD STOCKS AND BONDS.
xiv
Subscribers will
confer a great
favor by giving
Date
of
of
Road. Bonds
Miles
For explanation of column headings, Ac., see
on first page of tables.
notes
Baltimore it Ohio—(Continued)—
411
Sterling mortgage
421
sinking fund
do
(payable$40,000y'ly)
Purehaseof Conncllsv. RR
Northwestern Virginia, 3d mortgage, 1855-85
Baltimore <C Potomac—lstmort (tunnel) gold
1st mortgage, gold, (main line)
2d mortgage, income, main line and tunnel
Bellevilled) South. III.— 1st 31., sink’gfuud, guar
Belvidere Del.—1st M. b’ds of 1802 (guar, by C.
2d mortgage, bonds
3d
do
do
Consol, mortgageof
of 1854
Berkshire—Stock
1857
do
(
do
(
....
...
....
02
92 U
56
07
Sc A.)
do )
do
....
)
1870
....
registered
.
Boston, Clinton d) Fitchburg d- New Bedford—Stock.
1 st’,inort,fra<,,<* Agru'.'iitural Branch
Mortgage bonds 1809-70
Equipment notes
N. Bedford Railroad bonds ($400,000 are 7s)
Boston, Concord it Montreal— Preferred stock
Com. stock (for old dividends A new stock)
29
43
....
....
1*60
Consolidated mortgage bonds (for $2,000,000)
ii*3
52
03
20
142
140
140
121
121
307
281
Buff.,Brad.it Pitts.—Gen. M.,(inel. 10,000 ae. I’d
Buffalo, New York it Erie—Stock
1st mortgage bonds
New
mortgage
Buffalo, N. Y. it Philadelphia— lstmort., gold
2d mortgage (for $1,000,000)
Burlington, C. Rapids it Northern—1st mort gage
...
r’d& 400.000 ac’s I’d ) K-g
conv. into C. B. & Q. st’k (3d series),
Income b’ds, conv. O. B. A Q. st’k (4th ser.)
1st mortgage, conv. do. on branch (5th ser.)
Bonds,
j 2
p
| -•
8
40
0
Convertible bonds, C. B. A Q. st'k (0th ser.) J o-0
Burl. <t Mo. in Neb.—1st M., conv., land gr.. 1 Coup
Bonds, convertible till Jan., 1882
> may
Omaha A S. W., 1st mortgage, guar
> berg.
Burl, it Southwest.—1st mort., ep., may be reg
49
105
1,000
1,000
1,000
500
500
1,000
100
100
.
1,000
1,000
1858
1873'
Co.—1st mortgage
Canada Southern—1st M., gold. s. f., ep. Sc reg
ToL, Can. S. & Det., 1st mortgage
Carolina Central— 1st mortgage, gold, coupon
Income bonds, coupon
Cayuga—1st mortgage, gold
Catawissa—Common stock
7-99,000
870,000
500 Ae.
100
100
100 Ae.
100 Ae.
500
571,500
Cedar Rapids it Missouri—Common
Preferred stock, 7 per cent
sink. luud..
stock
-
800,000
1,000,000
024,000
1,309,500
3,250,000
200,000
999,500
187*3
1,6*00
100
.
1857
1870
1871
1873
1870
1803
1808
1809
1809
1870
1809
1873
1872
1870
1,000
1,000
500 Ac,
10*0*
50
oOO
500
500
500
500
500
Ae.
Ac.
Ae.
Ac.
Ac.
Ac,
Ac.
Ac.
1,000
1,000
,
1853
1855
1807
1870
B
7
8
0 A 7
3
G A 7
3
0
7
0
3
7
7
3
7
7
500,000
4,000,000
500,000
580,000
950,000
1,922,000
458,000
2,582,000
805,500
0,500,000
4,638,250
298,500
289,500
280,000
401,000
5,715,000
000,000
1,034,000
20,000 p. m.
7
1,000
1,000
2,250,000
1,000,000
50
1 000
1,215,550
!ooo
490 000
1,000
1,300,000
14
1804
1800
loo
500 Ae,
500 Ae.
1,000
1.000
50
05
1,000
100
100
.if
500 Ae.
500 Ac.
500 Ac,
1801
1803
1800
7
7 g.
6 g.
10
5
7
8
8
8
8
8
8
8
8
7
7
0
2
7
7
0
7
7
o
7
7
1,000
589,110
198,000
1,334,000
0,850,400
709,000
700,000
582,000
2,332.000
,
3Lj
nrm
500 Ae.
1.000
Bonds—Piiuci
M.
M.
J.
J.
London.
A S.
do
A N.
A J.
Baltimore. •
A J: Balt., Meeh’s Nat. Bank
J.
A
J.
A.
J.
A.
J.
M.
F.
J.
A
A
A
A
A
A
A
O.
J.
O.
I). Trenton, N. J., Office.
S.
Philadelphia.
do
A.
J. Treasurer, Trenton,N.J.
-
Q.-J.
Baltimore or London.
do
do
Baltimore.
N. Y., Russell Sage.
1910
1870-1900
1885
July 1, 1911
April 1, 1911
Jan. 1, 1915
Oet.
1, 1890
3 877
1885
1887
1, 1910
Boston, Kidder, P. A Co April 10, 1877
Boston Ofiiee.
May 15, 1877
Feb. 1, 1892
do
do
July 1, 1895
Boston Ofiiee.
Boston Boston N Bank July 1, 1884
A N.
A A.
A J.
A N.
A J.
do
A J.
do
do
A O.
do
A J. Boston, Suffolk N. Bank
A N.
Boston Ofiiee.
M.
F.
J.
M.
J.
J.
A.
J.
M.
Meli. 1, 1902
Jan.
1889 & ’90
’81, ’82, ’83, ’85
July, 1881& 94
Nov. 15.1870
"
0
3 500 000
i
1873
1874.
1871
...
0
....
1 000
50
274
3 28
70
58
140
7
DIVIDENDS.
pal, When Due.
When Where Payable and by
Slocks—Last
Whom.
Dividend.
Pay’ble
1%
4
0,921 "274
3.400,500
o
1871
1809
1871
io*6
01
0
0
7
*
70()j000
100
1 873-4 500 Ae.
1875
1,000
100
....
Cedar Falls it Minn.—Bonds on Lst div.
Bonds on 2d division, sinking fund
000,000
20,129,282
5,000,000
2,000,000
2,570,100
400 000
100
mortgage
8
0
1,000
40
bonds
1,100,000
1,000,000
499,500
745,000
1,200,0(H)
1872
242
New preferred stock..
Old preferred stock
1st mortgage bonds
0
ioo
242
0
0
0 g.
o g.
500,000
350,000
9,000,000
1,500,000
3,000,000
3,000,000
800,000
1,159,500
1,000,000
2,200,000
230,500
209,850
291
c> g.
0 g.
1,133,000
1,000
1,000
....
Rate per
Cent.
3,000,000
1 000
1854
’09-’70
i ftrt
00
00
00
31
2d mortgage
Camden it Burlington
do
do
191
150
141
141
gold
California Pacific—1st mortgage, gold
2d mortgage, endorsed by Central Pacific
Camden it Atlantic—Stock ($838,150 of it pref.)
1 si, mortgage, (extended l>0 years in 1873)
New
1,000
1872
1870
Ponds, coupon and registered
Boston <t New York Air-Line—1st mortgage
Boston (6 Providence—Stock
Bonds to purchase branches, coupon or registered
Chattel mortgage
9,570,000
1,000,000
140,000
1,500,000
....
Bonds
New bonds
Boston <t Maine—Stock
Cairo it Vincennes—1st mortgage,
$9,198,852
1854
1 857
1870
'0 L-‘74
Outstanding
£200
$....
1871-2
1875
Amount
£100
1,000
113
Mortgage, wharf purchase
on
par
Value.
1852
160
Boston <t Lowell—Stock
Burl.it Mo. Riv.—1st M.
or
....
!
Sinking fund bonds
Size
1872
1874
1875
1855
1871
1871
1875
1800
21
270
.•
Boston it Albany—Stock
Dollar loan
Loan of 1875, coupon or
Immediate notice of any error discovered in these Tables,
INTEREST OR
DESCRIPTION.
do
[April 28, 1877.
i.889 *
A J.
Boston Ofiiee.
1893
A ().
do
do
Jan. 1, 1875
A J.
Boston, at Ofiiee.
Oct. 1, 1879
do
do
A O.
do
do
A O.
April 1, 1892
do
do
A J.
July 1* 1896
Nov. 15, 1876
A N.
Boston, at Office.
Jan. 1, 1893
do
A J.
do
A A.
New York.
Aug. 1, 1895
A N.
May 15,1877
Boston, at Office.
do
do
A J.
July 1, 1893
Jan. 1, 1896
A J.
New York, Erie RR.
Dec. 11, 1876
A A.
N. Y., Erie Railway.
Dec. 1, 1877
do
A D.
do
1916
do
do
A D.
A J. N. Y., Farm. L. & T. Co. July 1, 1896
July 1, 1893
do
do
A J.
New York.
AI).
Sept. 1, 190G
A 0. Boston and New York. Oct, 1, 1893
A J. Boston, by Treasurer.
July 1, 1878
A. A O. Boston and New York. April 1, 1879
do
do •
J. A J.
July 1, 1894
do
do
J. A J.
July 1, 1889
Boston Office.
J. A J.
July 1, 1894
Jan. 1, 1883
do
J. A J.
June 1, 1896
do
J. A D.
M. A N.
May 1, 1895
Boston, Co’s Office.
J.
A.
J.
A.
A.
J.
M.
J.
F.
M.
J.
J.
F.
J.
J.
J.
J.
J.
A.
J.
A. A O. New York and London.
J. A J. N. Y., Nat’l Park Bank.
do
do
J. A J.
•
-
7
4
7
7
1
2, 1901
Oct., 1909
Jan. 1, 1889
1891
Camden, Co.’s Office. Jan. 15, 1877
Jan., 1893
J. A J Phi hi-, Farm, A M. B’k.
Oct., 1879
do
do
A. A O.
Q.-J.
g.
g.
g-.
g.
F.
J.
J.
J.
A.
J.
A
A
A
A
A
A
Phila. and Mt. Holly.
A.
J. N. Y., Union Trust Co.
J.
J. N. Y. Office, 4 Broad st.
do
do
0.
New York.
D.
M.
M.
F.
F.
F.
J.
A.
J.
A*
N.
Philadelphia.
do
N.
do
A.
A.
Philadelphia.
do
A.
J. New York, 44 South st.
3
3 l2
7
>
Oct.
A O
A
g.
g.
g.
■
~
3*2
7
7
7
A
A
A
A
A
1897
Jan.
1, 1906
July* l,"*i923
April 1, 1914
1901
NovVi.6,’1876
Nov.
Feb.
15,1876
1, 1882
1888 to ’89
Feb. 1, 1900
Jan. 1, 1877
Kennedy A Co April 30,
Jan. 2,
do
Fob. 1,
Boston, Treasurer.
Feb. 1,
do
do
Y., Nat’l Park Bank. Aug. 1,
A O. N.Y.,J. S.
do
A J.
Q-F.
F.
F.
F.
M>
A A.
A A. N.
A A.
do
do
A N.
do
do
Aug. 1,
1884
1907
1877
1877
1891
1894
May, 1910
1
Gross
Earnings.
$9,632,361
10,"it 1,173
11,693,955
12,252,841
1875-6..
1874-5...
1873-4..,
Net
Stock and
Earnings.
$1,215,554
4.332,206
5,018,060
4,934.790
Debt.
$47,311,498
47,173,134
45,876,927
Boston, Clinton Sc Fitchburg and the New Bedford
Railroads. (V. 22, p. 471, 521. 544; V. 23, p. 611;
V. 24, p. 13-1.)
Boston. Concord c6 Montreal.—Gross earnings for
the year ending with March, 1876, were $693,354;
28,567,899 net earnings, $182,012. There are also $76,000 okl
of the main and all leased line? bonds due in 1865. (V. 22, p. 565.)
Boston,
Bo well. —Operated with the Nashua Sc
$15,031,235, and net earnings, !
$5,4*21,379, including earnings of Pittsburgh Divi¬ Lowell, which receives 31 per cent. (V. 29, p. 85;
sion for nine months.
The nominal surplus of | V. 22, p. 42: V. 23, p. 5 00.)
Maine.—Net income, 1875-6, $846,653,
Boston
$36,022,365 is given as the value of assets above j
stock and debt, which surplus
is represented ! against $790,753 in '74-5. Pools earn'gs from compet¬
chiefly by securities of branch lines, received ing points with East'n. (V. 22, p. 280; V. 23, p. 500.)
Boston tfc N. Y. Air Line..—Formerly N. Ilaven
for advances made by the B. A O.
In Dee., 1875,
Road cost about $6,000,009,
the operating contract with Pittsburgh A Connells- Middletown Sc Wil.
ville road was ratified, by which B. Sc O. guarantees represented now by $3,000,000 preferred stock and
$10,000,000 bonds. (V. *22. p. 374, 446: V. 23, p. 302, $1,000,009 common. (V. 22, p. 567.)
Boston cC Providence.—The bonds and also $934,000
378, 524; V.24,p.88, 3 6.)
Baltimore tfc Potomac.—This is the line of the notes have been issued for purchase of branch
Pennsylvania Railroad from Baltimore to Washing¬ roads. Total income, 1*75-6, $1,467,759; net, over
ton.
The bonds are guaranteed by Penn. RR. and operating expenses, $317,286..(V. 21, p. 569; V.
23. p. 54 7.)
Northern Central. Last annual report V. 22, p. 588.
Belleville & Southern Illinois.—Leased and operated
Buffalo. Bradford
Pittsburgh—Under perpetual
by St. L. Alt. & T. II. Co. on a percentage of gross lease'to Eiie at $40,600 per year.
Buffalo. New York A Eri°— Leased to Eric in
earnings. Gross earn’gs,’76, $246.»>73. (V.24. p.297.)
Belvidere Delaware.—Stock is $995,150. Leased to 1863,"for 490 years, at 7 per cent on stock and interest
United Co.'s of N. J., and lease assigned to Penn. RR. and sink, fund on bds. (V. 23, i> 646; V. 24, p.,340.)
Net earnings go to lessor. In 1876 net earnings of B.
Buffalo. New York A Philadelphia.—This i- ihe
D. were $217,053, agaim-t $416,367 in 1874. Floating connecting line of the Philadelphia & Erie with
Buffalo.
In 1874 the net earnings were $186,843.
debt, $199,570. (V. 20, p. 488.)
Berkshire.—Leased to Ilousatonic, at 7 per cent
Burlington. Cedar Rapids A Northern.—Sale in.
foreclosure was made June 22. 1 SVG, and Co. reor¬
per year on stock.
Boston
Albany.—The Boston Sc Albany is the ganized. The stock is for $10,80\f00, of which
main western trunk line of New England. In past $5,500,000 has been issued. (V.22, p. 350, 374, 495,
567: V. 23. p. 15, 353, 37S.)
three years the following has been its exhibit:
Total Stock
Net
Gross
Burlington A Missouri River.—An agreement of
and Debt.
consolidation and a perpetual lease to Chicago, Bur.
Earnings.
Earnings.
$27,129,232 & Quincy, was made in Oct., 1572. In August, 1875,
$2,391, hit
1875-6.
$7,074,758
1872-3
The gross earnings
in
1875-76
were
<
.
1374 5
1873 4
*B?2-3.
.
.
7,634,139
2,262,147
8,963.128
9,798,0-13
2,411,916
stock of Chic. Burl. Sc Q. was issued in pi ice of
stock of this C-». and for convertible bond-*. Annual
report V. 20. p. 33 5. (V. 2b p. 139; V. 22, p. 87.)
Burlington & Missouri in Nebraska.—The stock
is
Clinton. Fitchburg tfe New Bedford.— $8,583,750. A reoort of company’s operations. Ac.,
a consolidation in May, 18.’C», of the to Jan 1, 1876, hac not been published, but we
(V. 21. n. 464; V.
Boston,
This was
2,239,873
23, p. 477 ; V. 94. p.
26,473,282
25,422,100
‘24:183.100
2)4.)
have the
earnings in 1875 as $723,843,
and expenses,
The total land sales up to Jan. 1, 1876,
amounted to 733,164 acres for $o,335,6T5, after de¬
ductions for dead contracts. [V.22,p.471; V. 23,p. 159.)
Burlington A Southivestern-defaulted Nov., 1873.
Force asure in progress.
(V. 21, p. 159, 441.)
$351,643.
Louis.—Defaulted in 1873 by failure
and county bonds. Road completed
February, D75. (V. 21, p. 31, 441; V. 22- p, 352.)
Cairo A Vincennes.—Defaulted in 1874. In hands
of receiver. (V. 21, p. 63, 302; Y. 22, p. 444.)
California Pacific. - Gross earnings, '76, $(,296,521;
expenses, $1,066,872. Extension bonds of $3,500,000
and incomes of $1,000,000 have been in default, but
a
proposal offered by Central Pacific. Decision
sustaining C. P. guarantee Mar. ’77. (V. 21, p. 159,
277; V. 22, p. 181, 280, 495, 613; Y. 23, p. 62; Y. *24,
Cairo A St.
to receive town
p
274 )
Camden A -Atlantic— Net earnings, 1870, $260,97*2.
Camden A Burlington Co— Leased to
United
Companies, at 6 per cent on $332,000 stock.
Canada Southern.—Defaulted January, IB74,
and
pain July, 1875.
Central control,
whether
V.
coupons funded, but interest not
In January, 1876, passed into N. Y.
and there seems to be some unc rtainty
interest is to be reeemed soon. (V. 21, p. 159;
22, p. 16, 399, 567.)
Carolina Central.—Receiver appointed December,
1876.
Passed interest January, 1»76. (V. 23. p.
622.)
"
Cayuga.—The Cayuga Lake road was sold under
second mortgage, and this Co. organized.
Catawissa.—Leased to Phila. A Read., Oct., 1872,
New preferred stock dividend to be 7 per cent
in 1875-6 and afterwa d.
(V. 20, p. 381.)
Cayuga A Susquehanna.—Leased in perpetuity to
Dela. Lack. & West. Dividends, 9 per year.
Cedar Falls A Minnesota— Leased to Dubuque
Sioux City, and sublet to Illinois Central at
per mile yearly, and a per cent of tril
$3,503 per mile.
Cedar
Rapids A
&
$1,500
earnings over
Missouri—Leased to Chicago sc
Northwestern at $700 of first $1,500 gross
earnings
mile; one-third of the next $3,000 per mile,
one-fifth of all above that. (V. 2\ p. 162 )
per
and
'’■April 28, 187..]
RAILROAD STOCKS AND BONDS.
Subscriber* will confer a great favor by giving immediate notice of
XY
any error
discovered in tliese Tables*
—
DESCRIPTION.
For
explanation of column headings, &c., see notes
oil first page
of tables.
Central R. R- & Bank, Ga—Stock...
General mort. "tripartite” bds ($5,000,000) coup.
Macon A Western bonds
Central of Iowa—1 st mortgage gold, coupon
2d mortgage,
gold, $4,000
per
mile
Central of New Jersey—Stock
Mortgage bonds
Bonds (convertible Nov., 1875 to 1877).-.
Consolidated mortgage (for $25,000,000)
r
New
Imp.Co.
of
par
Bonds
Value.
Outstanding
$100
$7,500,000
1,000
3,222,000
295
615
1872
1870
1809
1871
231
231
291
74
•
7
guar
Consol m., coup. .guar.
bonds, guar. Ceut.of N. J
Central Ohio— Common stock
Preferred stock
1st mortgage bonds
Central Faeilic—Stock
1st mort., gold, (2 sinking funds, $50,000 each)..
Califnia State aid, gold (2 s. funds,[$50,OOO each)
Bonds, formerly conv. into U. S. bds (s.f.,$35,000)
1st mortgage on San Joaquin Valley Branch, gold
U. S. Loan, (2d lien on certain terms)
Western Pacific, lst-mortgage, gold
...............
.
do
Government lien..
C'al. A Oregon, 1st mortgage, gold (guar by C.P.).
C. P. bonds, M. on C. & 6. Br. ($7,200,000 g.)
San Francisco O. A A., 1st mortgage ($1,500,000)
Laud bonds on 11,722,400 acres...
Charlotte Columbia J Augusta—1st m. (C. A A.)
do
consolidated
2d Mortgage
..
Chartiers—1st mortgage
f
Cherry Valley Shar. <f: Al.—1st mort., convert
Chesapeake d- Ohio—stock
1st mortgage sinking fund gold
....
....
....
1st mortgage, (Ya. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Funded interest, coupon bonds
Income bonds (for funding)
St. Louis Jack. A Cli., 1st mortgage
1805-8
50
138
140
742
158
123
152
152
20
1804
1802
1870
....
1808
1872
1870
1870
....
85
195
195
23
21
427
....
1809
1872
1871
1809
1809
1872
1872
....
....
....
.....
....
•
1,000
50
50
1,000
100
1,000
1,000
....
1,000
.
•
1,000
....
1,000
1,000
1,000
1,000
.
•
•
1,000
1,000
100 Ac,
1,000
1,000
....
....
220
fund
1st mort. guar, by C. & A..
2d mort. guar, by C. & A...
2d mortgage.
220
38
38
150
37
37
150
101
...............
Peoria & Hannibal, 1st mort
-
Ottawa, Oswego A Fox Riv., 1st
Coupon,
but may be
registered.
m
Illinois Grand Trunk, 1st mort
Quincy A Warsaw, 1st mortgage
Keokuk A St. P., 1st M. (Coup., but may be reg. )
Albia Knoxville & Des Moines, 1st mortgage
Bonds lor St. L. R. I. A Chic. (sink. fund)...
Chicago J Canada Southern—1st mort., gold
Chicago, Cincinnati J Louisville—1st mort
..
.
Bank, Ga
— Leases
several
In April, 1875, pur¬
chased oue-imlf interest in Western Railroad of
Alabama at foreclosure sale.
The “ tripartite”
bonds ar.e issued jointly by this Company, the Macon
& West., and {Southwestern.
Gross earnings year
ending Sept 1, 1876, S2.6Ul.542: net, $98:J,5ll.
(V.
21, p. 372, 417; Y. 22, p. 304; Y. 23, p. 353, 498.)
Central of Iowa.—Decree of sale in foreclosure
made Oct ., 1875, but litigation still in active
progress
and an appeal taken without stay of
proceedings.
110, 495; V. 23, p. 159, 427; Y. 21, p.
1
Central of New Jersey.— A report, in°brief, for 1876,
net, $3,262,000.
1876, the presi¬
dent issued a circular, stating that the
company was
earning well, Ac., but giving no figures. JnSept.
another statement was issued (see V. 23, p.
278)
giving general financial condition. Ac in reference
gave gross earnings of $6,946,000;
On large decline of stock in June,
J. A D.
J. A J.
7 g.
.
100
100
1803
1802
1,000
3 ,000
500 Ac.
1857
1804
1804
1808
1808
"1870
1,000
1,000
1,000
1,000
1,000
1,000
3 00
32
40
51
31
70
44
40
43
73
100
1858
1873
3.000
....
■
1872
1875
1809
1809
1808
1808
1870
1870
1870
1809
1875
1.000
1,000
500 Ac,
500 Ac.
3,000
1,000
1,000
500 Ac.
1,000
500 Ac.
1.000
1870
1,000
1872
1807
1,000
500 Ae.
I
new
ment
"blanket”
mortgage; and finally the state¬
of President and
Q.-J.
1,970,000
7
0 g7
7
2k>
3
0
4 g.
6 g7 g7 g6 g0
0 g.
0
6,000,000
<> g-
2,000,000
6 g8
6 g7
000,000
1,800,000
11,500,000
3,000,000
2,437,950
411,550
2,500,000
54,275,500
25,883,000
1,500,000
''
2,010,000
500.000
9,270,000
p.
500,000
300,000
3 5,898,401
15,000,000
5,420,000
00,000
100,000
902,000
300,000
100,500
1,220,331
2,153,300
787,900
500,000
10,005,300
2,425,400
4,379,850
2,3 S3,000
1,087,000
1,500,000
330,000
2,305,000
504,000
188,000
300,000
2,120,000
-
o
7
7
6
0
8
8
7
1
0
7
4
4
6
7
7
g.
A
'M. A
A. A
J. A
J. A
.T. A
A. A
J. A
J. A
.
J.
J.
J.
A.
J.
J.
g-
8
7
7
7
7
7
7
5
8
7
A
A
A
A
A
A
M.
J.
J.
J.
J.
J.
J.
A
A
A
A
A
A
A
N.
J.
J.
J.
J.
J.
J.
N. Y., Fisk A Hatch.
do
do
do
do
N. Y., Am. Exeh. Bk.
do
do
do
do
do
do
J.
J.
M.
M.
M.
J.
J.
A.
A
A
A
A
A
A
A
A
J.
Boston.
1
Pacific.--An abstract of the annual
Oct.
1880
July 15, 1899
April 15, 1901
April 10, 1876
1890
Nov., 1902
July 1. 1899
1886
1887
Feb.
Juno
1, 1899
1, 1900
Dee, 30,1876
Dee. 30, 1876
Sept., 1890
April, 1877
1895 to ’98
July 1, 1884
Jan. 1, 1883
Oct. 1, 1900
1895 to ’99
July 1, 1899
1899
Jan.
Jan.
1, 1888
1, 1892
July 1, 1890
Oct. 1, 1890
1890
1895
Oct.
Dec.
1, 1901
15, 1899
Nov.. 1899
July 1, 1902
July 1.’77 to ’92
1880
18134
1876
1877
1893
Jan. 15, 1877
1880 A 1896
May, 1872
March
March
1, 1877
1, 1877
July 1, 1903
Jan., 1893
Jan., 1883
April, 1877
July, 1882
April, 1894
April 1,1894
July, 1898
July, 1898
Aug., 1900
Y., Bk. of Commerce. Mar. 15.1877
do
do
Jail. 1, 1883
Boston office.
July 1, 1903
Frankfort.
July 1, 1890
N.Y., N. Bk. of Com’rcc. Oct. 1, 1890
Boston. Co.’s office.
Boston, Co.’s Office.
N.Y., N. Bk. of ComYce.
do
do
do
do
N.Y.,N.B’k of Comm’rce
New York and Boston.
Boston.
New York and Boston.
Boston.
Boston.
N. Y., Union Trust Co.
N. Y„ Farm. L. A T. Co.
Philadelphia A Reading.
May, 1»76.
Jan. 1,
June 1,
May,
July,
July,
July,
July,
Oct.,
July,
April,
1896
1895
1879
1889
1878
1878
1900
1890
1890
1879
Oct. 1, 1901
April 1, 1902
Jan., 1887
Coupons due 1860, paid
re¬
Chicago rfe Alton.—The report for 1876 Is given, at
length in Y. 24, p. 224, and shows gross earnings of
$4,980,528, and net earnings of $2,691,061, against
$2,604,125 in 1875. Joliet ^Chicago RR. is leased for
interest on stock and bonds.
St. L., Jack. & Chic.
Railroad leased at $240,000 per year. Louisiana <fc
Mo. RR. built and operated under contract. (See V.
19. p. 479; V. 20, p. 429.) The Chicago & Illinois
River bonds had not been sold to January, 1876,
and there was some litigation.
(V. 21, p. 185, 612;
V. 22,
&?■p- “• n1'135'
(V. 21,
p.255; Y. 23,
p.
478.)
Chicago Burlington & Quincy.—Purchased in Oct.,
1876, St! L. Rock Is. A Chic, road, for $1,570,000 in
gold. Gross earnings for 1976 were, $12,057,794; ex¬
$h,8-8,515; net earnings, $5,189,219; interest
charge, $1,991,956. The C. II. & Q. leases numerous
branch roads, giving them a traffic guarantee (usually
40 or 50 p. ct.) for purchasing their bonds. Enough
of the consolidated mortgage is reserved to take up
prior debts.
In August, 1S75, stock of this
Company was issued in exchange for Burlington &
Missouri River Railroad stock, and the same is alsc
penses,
Chartiers.—Leased to Pitts. Cin. & St. Louis, and
operated by Penn. Co. Net earnings go to lessorin 1875, $34,727. (V. 22, p. 519.)
1875-76, $124,841.
June, 1874
1, 1893
Jan.
Chester Valley.—In hands of trustees and leased
Charlotte, Columbia tfi Augusta—Stock is $2,578,000.
Net earnings in the year ending September 30,
1876, $203,327, against $250,004 the previous year.
Floating debt retired May, 1876. (V. 21, p. 590; Y.
22, p. 134, 471; Y. 24, p. 62.)
Cheshire— Net income,
590; Y. 23, p. 548.)
Slocks—Vast
Dividond.
N.
to
port for 1875. including the land agent's report, also
gross and net earnings to June 30, 1876, was inven
in the Chronicle, Y. 23, p. 426. Gross earninus,
1876, $18,146,944, currency; expenses, $8,732,074;
net earnings, $9,414,^69.
The policy of making
8 per cent dividends yearly was declared in 1875’
Trustees of land mortgage purchased 564 of the land
grant bonds in July. 1876. (V. 21, p. 159, 488; V. 22.
p. 61, 233, 352,471, 521, 545, 613; V. 23, p. 86, 207,
379, 426; Y. 24, p. Ill, 157.)
p.
Bonds— Princi¬
pal, When Due.
do
D.
do
do
S. Balt., West, Natl. Bank.
O. N. Y. A San Francisco.
N. Y., Fisk A Hatch.
,T.
J. Sacram’o State Treas.
J.
N. Y„ E. Kelly A Co.
O.
N. Y., Fisk A Hatch.
,T.
U. S. Treasury.
J.
N. Y„ Fisk A Hatch.
U. S. Treasury.
J.
N. Y., Fisk A Hatch.
do
J.
do
do
,T.
do
O.
do
do
J. N.Y.,M.K.Je8up,P.A Co,
do
J.
do
M. A S.
J. A J.
J. A J.
4 g. J. A J.
A. A O.
7
.r. A J.
7
5
J. A I).
8
M. A N.
8
J. A ,T.
J. A J.
8
8
J. A J.
J. A J.
8
A. A O.
8
8
J. A J.
A. A O.
8
8
J. A J.
A. A O.
5
7 g- I A. A O.
J. A J.
7
2,200,000
2,500,000
3 ,000,000
do
J.
do
N.
Philadelphia.
S. N. Y.,M.K. Jesup.P. A Co.
S.
do
do
J. Lond’n,J,S.Morgan ACo.
J. N.Y.,M.K.Jesup,P.A Co.
do
do
0.
N. Y. U. S. Trust Co.
Q.-J.
J. A J. N.Y..M.K. Jesup.P. A Co.
A. A 0.
do
do
A. A O.
do
do
J. A J.
do
do
J. A J.
do
do
F. A A.
do
do
1%
891,000
007,000
1,918,475
448,000 1
200,000
503,500
380,000
277,000
3 ,079,000
900,500
725,000
318,000
Y., Cent. RR. of N. J.
A J.
J.
g-
,
J.
N.
!J. A I). Balt., at IL A 0. office.
g.
i
given for the convertible
Missouri River Railroad.
bonds of Burlington &
The bonds of 1876, for
purchase of St. Louis Rock Isl. A C. Railroad, are
plain bonds of Chicago Burlington A Quincy, but
offset by 7 per cent mortgage bonds of like amount,
secured on St. Louis Rock Island & Chicago road,
and deposited with trustees. (V. 22, p. 231; V. 23,
,
to Balt. & Ohio RR. in 1866
Q.—M.
A. A O. Philadelphia, Penn R.R.
J. AD. N. Y\, Metropolitan Bk.
7
p.
.
Central Ohio—Leased
J. A J.
M. A N.
7
7
7
investigating committee in
135, 156.) This Company also
assumes $2,310,(JOO of Lehigh Coal & Navigation
Company’s debt and $2t5,793 of the Railroad Car
Cherry Vrlley, Shar. & Al.—Transferred to Dela¬
Trust Company. The Am Dock & Imp. bonds ware A Hudson Canal
Co., April, 1875. Interest
are not
mortg.
The following table shows the unpaid in December, 1875. (V. 20", p. 4U4.)
receipts, expenses and net earnings, including Le¬
high & Susquehanna Division:
Chesapeake & Ohio.—After the panic of 1873, de¬
Expenses. Net carn’gs. fault was made on interest. Net earnings in 1875 76,
Receipts.
1871'...
$6,*41,379
$3,706,141
$3,135 235 $356,476.
Receiver appointed October, 1875, and
18:2....
4,235,808
7,120,713
2,883,912 foreclosure proceedings are in progress for the
1873...
8,881.365
4,215 584
4,665,782 purposes of re-organization.
A ver3r complete
1874
8,5^9,631
4,140,601
4.449,080 statement of outstanding liabilities and the plan
1875..
7,411,637
4,128,7-7
3,282,910 of re-organization are given in V. 21. p. 569. De¬
1876
6,9-16,0^0
3,681,060
3,262,000 cree of foreclosure was rendered in March. 1877.
<y. 22, p. 326, 613; V. 23, p. 62, 329, 353, 525, 615; (V. 22, p. 42. 87. 134 280, 375, 392, 589; V. 25,
156, 2C4, 226, 249, 274, 275, p. Ill, 525; V. 24, p. 62, 299, 320.)
Feb., 1877. (V. 24,
Q--J.
....
,
to
New York, Office.
do
do
New York, at office.
do
do
do
do
do
do
do
do
do
do
London.
;F. A A.
M. A N.
for 21 years, rent 35 per cent of gross receipts for 5
years, and 40 after. Pays 6 per cent dividends.
Central
Savannah, Ga.
;New York A Savannah.
!A. A O.
2 k}
7
7
7
27,598,242
2,719,000
10,433,000
1,000
Whore payable, and by
Whom.
;J. A J.
7 g.
15,000,000
3,483,000
0,080,000
25,885,000
When
jA. A O
3,700,000
925,000
20,(500,000
5,000,000
4,400,000
700,000
825
400
825
100
90
Plain bonds (coupon or registered).
Bonds of 1875, (sinking fund $13,800 per year)..
Cartilage A Burlington, 1st mort..
Dixon Peoria & Hannibal, 1st in...
American Central, 1st mortgage..
100
500 Ae.
_..
1873
4
7
500,000
500 &c.
....
.
Payable
193,500
1,800,500
•
....
.
21^2
Consolidated mortgage coupon, (for $30,000,000)
Northern Cross R. R. 2d. mortgage, gold
Trust mortgage (Burlington to Peoria)
p.
-
«...
049
049
322
1st mortgage, sinking fund, (trust).
135.)
1,000
....
1809
Rato per
Cent.
3,278,000
....
500 Ac.
£200
'
....
Chicago A 111. Riw, 1st mortgage, g uaranteed
Chicago, Burlington d: Quincg —Siocli.
(V.^2,
1,000
1,000
1,000
....
64
Louisiana A Missouri, 1st mortgage
Central Railroad &
100
1874
1st mortgage
Income bonds (a 1st lien on income)
Joliet A Chicago, 7 per cent, stock.
do
do
1st mortgage, sinking
roads, and guarantees bonds.
1,000
....
742
Amount
317 000
•
....
or
500 Ac.
....
.
do
do
do
Size,
....
Cheshire—Stock, preferred^
Bonds, not mortgage
Chester Valley—1st mortgage
Chicago (£ A lion—Common stock
Preferred st’ek (7 n. e. y’rly not cumulative)
General mortgage, sterling, for £000,000
do
do
do
•
....
137
137
137
1213
427
1st mort. exten. (2d on 427 miles) coup, or regd..
Debentures convertible into 2d mortgage
•
1809
1872
1874
1870
1807
1874
1875
....
Lehigh A Wilkesbarre Coal Co., 1st mort.
do
of
Road.
97
general mortgage ("blanket” )
do
Am. Docket
Date
....
Newark A New York, 1st mortgage
INTEREST OR DIVIDENDS.
Miles
63, *53, 403, 426, 499, 525, 598; Y. 24, p. 63,
111.
202, 274.)
I
Chicago & Canada Southern.—Connection of Can¬
ada Southern.
Interest not
paid.
Chicago, Cincinnati & LouisviUe.—No informa¬
tion furnished.
RAILROAD STOCKS AND BONDS.
xvi
Snbscribers will confer
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date
of
of
Road. Bonds
For explanation of column headings, Ac., see notes
on
lirst page
by giving: immediate notice of any error discovered in these Tables.
great favor
a
of tables.
(10
Chic., Clin. <t Dub.—1st mort., coup,, regis’ble. .:..
Chic., Dane, d- Fin.—1st mort., gold, siuk’g f’d.
Chicago, Dubuque <£• Minnesota—1st mort
Chicago <t Iowa—1st mort., coup., may be
Ghicccgo, Iowa & Nebraska—Stock
)
i
1871
1809
1872
1871
1871
108
Indiana exten., 1st mort., gold (2d mort on 114m)
2d mortgage (now 1st)
3d
do
(now 2d)
Chic. A Mich. L. Shore—1st mort
1st mortgage
21
131
80
82
82
82
195
195
reg
Coupon,
but
.
1800
1803
1809
1870
1871
1872
195
1st mortgage, on branch
52
J registered.
1,399
Chicago, Milwaukee <£• St. Paul--Com. stock
Preferred st’ek (7 p. c. y’rly, not cumulative)
1,390
Consolidated mortgage (for $35,000,000)
1st mortgage (Lacrosse I)iv.)
370
2d mortgage
370
1st mortgage (Iowa A Minnesota)
220
^
£
1st mortgage (Minnesota Central)
49
1st mortgage (Iowa A Dakota)
1st mortgage (Prairie du Cliien)
235
2d mortgage (Prairie du Cliien)
235
Milwaukee A Western
> ^
:
St. P. A Chic. 1st M. (Riv. Div.) $ A £(conv.)
130
1st mortgage, Hastings & Dakota
75
^
1st mortgage, Chicago A Mil. line
85
•
•
•
•
si
Equip. & undge bonds (may be paid in 1878)
Western Union, 1st mortgage
5
£
•*
1872
1873
1873
1800
1,459
1,459
(7 p. c. y’rly, not cumulative)
193
Bonds, pref. (sink’g fund), 1st mort., Chic, to Osh
Interest bonds, funded coup., 2d m., Chic, to Oslu
193
193
1st mort., general, 3d mort., Chic, to Oshkosh...
23
Appleton exten., 1st mort. on 23 miles and land.
Chicago
d Northwestern— Common stock
Preferred st’ek
Green Bay exten., 1st mort. on 26 miles and laud
1st mort., Galena A Chicago U11. RR. extended...
1859
1862
1859
20
248
Mississippi River Bridge b’ds, lien on net earnings
Elgin & State Line Railroad bonds
~
1st mort. (Peninsular RR.) on roads and lands..
Size,
or
Par
1802
1853
....
Outstanding
$1,000
$1,500,000
1,000
1,000
2,500,000
1,000
1,000
4,,425000
1,750,000
3,838,200
568,200
211,500
477,000
100
100 Ac.
500 Ac.
1,000
mortgage (Beloit A Madison Railroad)
Consol, siuk’g f’d M., (all above convert, into this)
Madison extension, 1st mort., sinking fund, gold
Chicago & Milwaukee, 1st mortgage, 2d lien
Menominee extension, 1st mortgage, gold
Gen, cons, mort., gold, coup, or reg. ($48,000,000) 1,058
137
Winona A St. Peter, 1st mort., guar by Chic. ANW
2d mort.,
do
137
do
do
175
do
1st M. exten, gld, land gr., s. f
28
LaCrosse, Tremp. A P. 1st mort,, guar. C. A N.W
75
Iowa Midland, 1st mort., guar, by Chic. A N. W.
02
Northwestern Union, 1st mortgage, gold
150
Chicago <£ Paducah— 1st mortgage
70
Chicago, Pekin d Southwestern—1st mortgage
2d mortgage
Chicago, Rock Island d Pacific—Stock
*
1st mortgage, sinking fund
Branch bonds (sinking fund $40,000 from 1877)
Chic. & S’western, 1st mort., gold (guar in cur).,
do
Atch. Branch, 1st M., gold, not guar
Cincinnati, Hamilton d Dayton—Stock
1st mortgage of 1853
2d
do
1865
3d
do
1867
Consol, mort. (for $3,000,000), sink, fund 1 p. c.
Cin. Ham. & I, (Junction) RR., 1st mort., guar..
04
074
359
1803
1803
1865
1871
1,000
100
100
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
100
100
100 Ac.
100 Ac.
100 Ac,
500 Ac.
500 Ac.
1,000
1,000
00
00
00
98
75
75
148
30
30
90
171
171
Preferred stock
Mortgage bonds, Sandusky, Dayton A Cincinnat
do
Sandusky city A Ind
do
Cincinnati, Sandusky Si Cleve..
1,000
500 Ac.
500 Ac.
500 Ac,
1,000
1,000
100 Ac,
1,000
1,000
500 Ac.
1,000
1.000
1,000
100
270
30
00
00
Cincinnati, Lafayette d Chicago—1st mort., gold...
Consolidated mortgage
Cincinnati d Muskingum Valley—1st mortgage...
Cin., Richmond d Chic— 1st mort., guar. C. II. A D
2d mortgage, guar, and owned by C. II. A I)
Cin., Richmond d Ft. W.—1st mort., gold, guar
Cincinnati, Sandusky <£ Cleveland—Stock.
1,000
1,000
1,000
1871
1872
1870-1
1871-1
1871
1870
1870
1872
1873
1871
1871
1800
1875
1809
1871
1,000
1,000
100 Ac,
1,000
100
1853
1805
1807
1875
1873
1871
1874
1870
1800
1809
1871
1,000
.
8
J. A D.
A. A O.
A. A O.
J. A D.
J. A J.
J. A J.
J. A J.
F. A A.
M. A S.
J. A J.
M. A N.
M. A S.
J. A J.
A. A O.
J. A J.
J. A J.
A. A O.
J. A J.
J. A J.
J. A J.
F. A A.
F. A A.
J. A J.
J. A J.
J. A J.
J. A J.
J. A D.
F. A A.
J. A D.
J. A D.
F. A A.
M. A N.
F. A A.
F. A A.
F. A A.
F. A A.
J. A J.
J. A J.
M. A S.
J. A J.
7 g.
7 g8
8
5
7
7
8
8
8
8
7 8.
1,350,000
1,280,000
15,399,201
12,274,483
5,710,000
0,000,000
075,000
3,810,000
190,000
748,000
3,074,000
1,315,000
234,000
4,000,000
234,000
2,500,000
219,000
3,500,000
15,011,180
3*2
-
7
7
7
7
7
7
8
73
7
7 g.
7
7
10
7
3^
3*2
21,502,233
1,237,600
737,400
3,508,500
140,000
264,000
1,092,000
182,000
120,500
294,000
271,000
4,390,000
3,150,000
1,700,000
2,700,000
10,583,000
2,750,000
1,050,000
4,375,000
1,000,000
1,350,000
3,500,000
2,808,000
700,000
300,000
24,999,700
8,107,000
1,000,000
5,000,000
1,000,000
3,500,000
1,250,000
7
7
7
7
7
7
7
0
7
7
7
7
7
7
7
7
7
7
10
8
7
7
8
8
7
0
7
7
4
7
7
8
7
7
7
7
7
7
7
7
3
3
1,120,000
724,000
1,500,000
500,000
65,000
1,800,000
4,005,750
429,037
-
1,000
50
50
771,000
350,000
1,072,300
•
Where
g.
g.
g.
g.
g-
0
7
7
Payable, and by
Whom.
Bost., C., B. A Q. Office.
York, Co.’s Office.
do
do
Stocks—Last
June 1,
1896
April, 1909
Bost., C., B. A Q. Office.
April, 1912
June 1, 1896
New York and Boston.
July 1, 1901
Boston, by Treasurer.
Boston, Merchants’ B.k.
New York, Park Bank.
Boat., Treasurer’s office.
Jan.
do
do
do
do
do
do
New York, Office.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
New York, Office.
London and New York.
New York, Office.
do
do
New York, Office.
N. Ym Mil. St. Paul RR.
New York, Co.’s Office.
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
do
do
do
do
do
do
do
do
dto
do
do
,
A
A
A
A
A
A
A
A
A
A
A
A
A
Bonds—Princi¬
pal, when Due
Dividend.
New
Q.-F.
g- A.
J.
g. J.
g. J.
J.
M.
g. J.
A.
A.
g. M.
J.
F.
A.
0
500,000
500,000
1,000,000
1,840,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1800
1852'
1807
....
r Payable
3,523,000
1,000
1,000
When
Rate
Cen
1,500,000
500 Ac.
74
46
779
120
85
120
Amount
Value.
1872
197
^
•
1875
1803
1804
1807
1804
1809
1808
1808
1801
•
Uf
1st
[April 28, 1877.
0.
J.
D.
D.
J.
N.
D.
0.
O.
S.
J.
A. N. Ym Farm. L. A T. Co.
O.
Q.-J. New York, Co.’s Office.
do
do
J. A J.
do
do
F. A A.
do
do
M. A N.
J. A D.
A. A O. N. Y., Winslow, L. A Co.
do
do
M. A N.
do
do
J. A J.
do
do
J. A D.
do
do
A. A O.
do
do
J. A J.
M. A S. N.Y., J.S.Kennedy A Co.
do
do
J. A J.
J. A J. New York, Moran Bros.
J. A J. N. Y., Winslow, L. A Co.
do
do
J. A J.
J. A D. N. Y., Winslow, L. A Co.
Boston , Office.
do
do
M. A N.
do
do
F. A A.
do
do
M. A S.
J. A I). N. Y., Union Trust Co.
1, 18771
July 1, 1888
Aug. 15,1892
Sept. 1889
July, 1890
Nov., 1891
Sept. 1, 1892
Jan., 1871
Oct. 5, 1876
July 1, 1905
1893
1864
1897
1894
1899
1898
1698
1891
Jan., 1902
1902
1903
June 1, 1883
Feb. 1896
Dec. 28,1872
Dec.
22,1876
Aug. 1, 1885
May,
Aug. 1,
Aug. 1,
Aug. 1,
1883
1885
1885
1885
1882
-
1, 1864
July 1, 1878
Sept. 1, 1898
Jan., 1888
Feb. 1, 1915
April, 1911
Jan.
July 1, 1898
1911
1902
1887
1907
1916
April 1, 1878
Oct., 1900
June 1, 1915
July 1, 1903
Aug. 1, 1901
June 1,
Dec. 1,
Jan. 1,
Nov. 1,
Dec. 1,
1891
May 1, 1877
1890
Aug. 1, 1895
Nov., 1890
April, 1873
May 1, 1880
July 20,1885
June, 1877
Oct., 1905
Jail., 1903
Mch. 1901
Nov. 1, 1914
Jail., 1901
July, 1895
1, 1889
June, 1921
Jan.
1, 1870
Aug. 1, 1900
Sept. 1, 1877
Dec. 1, 1890
Nov.
1
Chicago, Clinton & Dubuque.—This road defaulted
in 1873. It was built by construction eoinp<mies in
which certain directors of C. B. & Q. were stock¬
holders. (V. 23, p. 232, 409; V. 24, p. 39, 93, 13**, 181 )
Chicaao, Danville cfc Fincennes.—There was also a
2d mortgage for $1,000,000 and a chattel mortgage
of $1,000,000, most of which are pledged. Default
was made in 1873.
Foreclosure sale ordered by
decree of December 6, 1870, and took place Feb. 7
and 8. (V.22, p. 87, 304, 544; V. 23. p. Ill, 159, 253,
547, 598; V. 24, p. 157, 346, 369)
Chicago, Dubuque & Minnesota.—Defaulted De¬
cember, 1873, same as Chicago Clinton A Dubuque.
(V.21, p. 14; Y. 23, p. 232, 499; V. 24, p. 39, 63, 136,
181.)
Chicago & low7.—lias a traffic guarantee of Chic..
Burlington & Quincy 40 per cent for purchase of
bonds. (V. 22, p. 87.)
Chicago, Iowa & Nebi'aska.—Leased in perpetuity
to Chicago & Northwestern, at 37% per cent of
gross receipts.
Chicago efc Michigan Lake Shore.—The first mort¬
gages, main line, have traffic agreement from Michi¬
gan Central. In default for interest since July, 1873,
except on first bonds $477,000. Receiver appointed
Nov., 1876. (V. 20, p. 60, 312; V. 23, p. 547.)
Chicago. Milwaukee & St. Paul.—The earnings
were reduced in 1874 and 1875 by the lower freight
rates imposed by the
Wisconsin railroad law.
The law was modified, and with April, 1876,
higher rates again took effect. The following is a
comparison for three years of operations, and
financial condition at the close of year:
1676.
Miles
Stock
Debt
1875.
1,399
$27,673,744
27,129,600
and the
same
April, 1876, and about $1,000,000 were
issued June, 1876, for steel rails, La Crosse Bridge,
and Milwaukee Elevator. See statements V. 22, p.
280, and V. 23,
p. 111.
Dividends have been
since 1669—on pref. stock—in 1876 14 per
cent in bonds, and 3|4 per cent in cash; in 1874 7
in bonds, 1873 7 cash, 1872 7, 1871 7, 1870 7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash
and 7 scrip. (V. 22, p. 280, 421, 567; V. 23, p. Ill;
V. 24, p. 105, 111.)
Northwest.—The fiscal year ends with
Chicago
May. The last annual report will he found in the
Chronicle, V. 23, p. 158 and 181. The net sur¬
plus of the year on the Chic. .& Northwest, lines
proper, after paying interest, was $1,797,550, and on
paid
the
whole
system, including
Tlie
were
of $2 96 per acre. The nominal sur¬
plus balance of the Company, May 31, 1876, was
$3,817,329. Operations of the C. A N. W. proper,
average price
for the last six years, compare as follows:
Net
Gross
Expenses
and taxes.
earnings.
earnings.
1875-76,... $12,773,711
$7,408,857
$5,364,8)3
1874-75
7,984,694
4,723,031
12,707,726
...
1873-74....
1872-73...,
1871-72....
1870-71
14,410,124
12,736,607
11,402,161
11,694,914
The trust deed of the
1874.
proprietary roads,
net earnings of proprietary roads
$674,5C9, and the interest on their bonds,
$992,422 Lands of the company are 2,155.560 acres
unsold.
In 1875-6, 10,456 acres were sold at an
$1,179,716.
,
9,334,450
8,178,237
6,810,025
6,311,503
5,075.673
4,568,370
4,592,135
5,383,408
gold loan provides contm
j gently for a possible issue of $48,000,000, by ulti-
1,399 : mately absorbing all the other bonds and also nil
$27,673,744 ! subsequent issues, including all the bonds of the
27,119,610 i1 proprietary roads of the company, together aggreEarnings.
8,054,171
8,255,743
8,953,017 gating $35,349,000, which amount is reserved from
Op. expenses.
4,953,321
5,170,354
5,871,116 the $48,000,000. Dividends have been paid—Decem¬
Net earnings'.
3,085,.‘389
3,081,900 ber, 1876, 3V2 on preferred; July, 1813, 3% on pref.;
3,100,847
The issue of consol, bonds of 1875 was made to sub¬ December. 1872, 3% on both; June, 1872, 3% on
stitute for that of 1874; of these bonds $27,339,000 are preferred; December, 1871, 3# on preferred; June,
reserved to take up old debt. The dividend on pre- 1871, 5 on both; December, 1870, 5 on both;
lerred stock March, 1874, was paid in consol, bonds June, 1870, 2 on preferred; December, 1S69, 5 on
1,399
$
...
preferred, 4 on common; June, 1869, 5 on both; De¬
cember, 1868, 5 on both. (V. 21, p. 109; V. 22, p.
544 ; V. 23, p. Ill, 493; V. 24, p. 29, 204.)
Chicago & Paducah.—Completed in July, 1874.
Newline proposed Oct., 1876. (V. 23, p. 427.)
Chicago, Pekin tfe Southwestern.—Opened in 1873,
Gross ' earnings first half of 1S74, $66,346; net,
$33,720.)
Chicago, Rock Island & Pacific.—Net receipts in
ending April 1, 1876, $3,687,028, against
$3,543,283 in 1874-75. The income account for year
as follows:
was
Gross receipts, $7,342,189; net
receipts, $3,687,028; dividend payments, $4,678,381;
interest. &c.. $785,000; nominal surplus for the year,
$1,214,081. Chicago & Southwest, road is leased, and
interest guaranteed on $5,000,000 of its bonds;
the others are in default, and road w'as sold Is ov.
1, 1876. (V. 21, p. 38,186, 253; V. 23, p. 13, *56,303,
353, 450, 499, 598; V. 24, p. 181, 204.)
Cincinnati, Hamilton & Dayton.—See report mV.
23, p. 39, showing net income of $137,545 in 1875-6.
Investigating Committee’s report, V. 20, p. 357.
(V. 19, p. 183; V. 21. p. 62; V. 22, p. 280; V.23, p.39.)
Cincinnati, Lafayette & Chicago.—Lafayette. Ind.,
to Kankakee, Ill. Gross earnings in 1875, $400,051.
net, $178,903. (V. 20, p. 568.)
.
Cincinnati & Muskingum Valley.—Is leasedl for #9
years from 1873 to Pittsb., Cin. & St. Louis for net
earnings, but bonded interest is guaranteed. Net
earnings, 1875, $35,744. (V. 22, p. 519, 614.)
Cincinnati, Richmond & Chicago.—Leased to Cm.,
Ham. & Dayton, which owns most of the stock. Net
income above interest, 1875-0. $8,229. (V. 21, p. 62.)
Cincinnati, Richmond & Foi't Wayne.—Leased to
year
.
Rapids for 99 years. Interest on bonds is
a by Grand Rapids, Cincinnati Hamilton
& Dayton, and by Pennsylvania Co. (V.22, p. 532.)
Cincinnati, Sandusky & Cleveland—In the year
ending June 30, 1376, gross earnings were $86J,0<b;
expenses, $576,907; net earnings, $286,169, leaving
$10,352 balance, after paying rentals, interest, Ac.
(V. 21, p. 591; V. 23, p. 450; V. 34, p. 321, 346,
Grand
guarante
363.)
RAILROAD STOCKS AND BONDS,
April 28, 1877.J
great iavor by giving immediate notice of any error discovered in these Tables*
Sabflcriberc will confer a
DESCRIPTION.
explanation of column
For c** on
j
on
Cincinnati d
headings, &c., see notes
tirgt page of tables.
Springfield—1st mortgage, guar
2d mortgage
-
Cin., Wab. d Mich—1st mortgage
Cleveland, Columbus, Cincinnati d Ind—Stock.. ..
1st mortgage (C., C. & C. RR.) $25,000 a year...
do
(Bel. & Ind.) exch. for new mort...
do
C., C., C. & I. sinking fund
Consol. M. for $7,500,000 (sink, fund 1 per ct.) ..
Cleveland d Mahoning Valley—Stock
1st mortgage, extended
-
New bonds
Niles A New
-
Lisbon, 1st mortgage
Cleveland, Mt. Vernon d Dcf.-^lst mortgage,
1st mortgage, Columbus Extension
Income mortgage
Cleveland d Pittsburgh—Guaranteed stock
4th mortgage (now
gold....
Branch
Columbus, Chicago d Indiana Central—Stock
1st M. Columbus, Chic. & Ind. Central..
do
Chic. A G’t East. (Chic, to Logansport)
Iiul’polis Cent. (Col. to Ind’s A br.).
Union A Logansp’t (U’n City to Logansp’t)
Tol. Logansp’t & Burl.(Logausp. to Ill line)
do
Col. & Ind. 1st & 2dpref.(Col. to U’n City)
do
Cinn. A Chic. Air Line(Riclim’d to Logans.)
2d M. Col. & Ind’polis Cent. (Col.to Union City).,
do
Indiana Central (Indianapolis to Ohio line)
do
Chic. A G’t East, construe. (Chic, to Ricli’d)
do
Columbus, Chicago & Ind. Central
Income conv. do
do
do
Income (Toledo, Logansport & Burlington)
Columbus, Springfield d Cincinnati—1st mort
Col. &
Ooktmbus d Xenia—Stock
1st mortgage
Concord—Stock
Concord d Portsmouth—Stock, guaranteed
Connecticut & Passumpsic—Stock
New mortgage (for $1,500,000)
Notes, coupon
Massawippi st’k, guar, same div. as Conn. & Pass.
do
bonds, guar, by Conn. A Pass
Connecticut Central— 1st mortgage for $400,000...
Connecticut Rivei—Stock
1st mortgage (sinking fund now $148,931)
Connecticut Valley— 1st mortgage
Connecticut Western—1st mortgage
Connecting (Phila.)—1st mortgage
Cumberland d Pennsylvania—1st mortgage
2d mortgage, sinking fund, (guaranteed)
Cumberland Valley—Stock ($484,900 preferred)
1st
—
'
mortgage
2d mortgage, sinking
Common bonds
fund guaranteed
Danbury d Norwalk—Stock
1st, 2d and 3d mortgages
Danville, Hazleton d Wilkesbarrc—1 st mort
Danville,Mrbana, BTton d Pekin—1st M., gold
Da venport d North western—1st mortgage, gold
Dayton d Michigan—Com. stock (3^2 guar. C.II.&D.)
Preferred stock, (8 percent, guar. C. II. AD.)
1st mortgage, sinking fund, $30,000 per year
2d mortgage
3d mortgage
Toledo depot (cost $353,940) 1st and 2d mortgage
Dayton d Western—1st M., guar. L. M. & C. & X
Delaware Railroad— Stock
Mortgage bonds, convertible, guar. P. W. A B
Delaware d Hound Brook—1st mortgage.
Cincinnati & Springfield.—Leased in perpetuity
to Olev. Col. C. & I., with guarantee or interest:
first mortgage half of interest is also
(V. 23, p. 232 )
guaranteed
by Lake Sh. & M. S.
Cincinnati, Wabash & Michigan.—Paid interest
January,
1870, to bondholders not consenting to pass,
aud allow funds to be used for completion of road.
Some bonds held by L. Sh. & Mich. So’n. but no in¬
dorsement by that company. (V. 22, p. 158.)
Cleveland, Columbus, Cincinnati & Tndianap.—-Net
earnings in 1876, $702,917, against $884,024 in 1873.
(V. 22, p. 2:7,303; V. S3, pi 232; V. 21, p.249,
320.)
Cleveland & Mahoning Valley.—Is leased to At¬
lantic & Great Western, and interest on bonds is
paid.
80
48
81
471
138*
202
390
390
(V. 20, p. 85, 139; V. 23, p. 232, 403.)
Cleveland, Mount Vernon <& Delaware.—Defaulted
July, 1874, and made compromise by which all the
coupons due July, 1874, and one-half of coupons
from January 1, 1875, to and including July 1, 1877,
are to he postponed to Jan. 1, 1885, and the remain¬
ing half to be paid as they mature. Gross earnings
1870, $373,582; expenses, $310,050; net, $63,532.
(V. v:2, p.350; V. 24, p.248.)
Cleveland & Pittsburgh- -Leased to Pennsylvania
"Railroad at 7 per cent, on stock, besides expenses
and interest, and transferred to Pennsylvania Co.
Report for 1876, V. 24, p. 63.
par
Outstanding
I$1,000
$2,000,000
1,000
651,000
1,200,000
14,991,800
200,000
....
1873
1876
1870
1870
1871
1875
.
199
199
199
....
....
1,000
1,000
50
500 &«.
500 Ac.
500 Ac.
1,000
1,000
500 Ac.
50
1,000
1,000
1,000
1,000
....
18
80
89
76
13
89
587
587
117
208
93
61
102
107
102
72
224
587
1868
100 Ac.
1870
1,000
50
500 Ac.
....
1867
1870
1872
1,000
1,000
1868
....
_
m
When
Cent.
Pay’blt».
7
7
7 g.
3
7
7
7
7 or 6 g.
313
7 g7
7
7 g.
7 g7
1%
6
1,104,844
2,700,000
2,000,000
584,000
1,272,000
1,920,950
1,500,000
300,000
4
7
7
7
700,000
7
7
7
7
7
7
7
7
10
7
7
7
7
7
451,000
2,632,000
775,000
531,500
313,000
217,750
1871
1,000
50
1,000
..
_
50
100
100
100 Ac.
100 Ac.
100
_
1873
1871
38
38
56
56
44
68
7
38
38
82
52
52
1869
1875
1,000
1858
1871
1870
500 Ac.
1866
1,000
1,000
ioo
1,000
500 Ac.
1868*
500
500
100
60-’72
1868
1869
1871
1871
1856
1867
1869
31A 64
1865
100
200
27
1859
1875
1875
2,395,350
1,286,100
1,870,000
1,000
50
1,388,023
,000
100,000
650,000
....
1*2
7
7
7 g.
7 g.
1
*4
7
7
7
7
6 A 7
Suit is pending against
Interest on most of'the old
prior bonds has been taken up.
Net earnings, 1875,
$606,442. (V. 20, p. 29. 61,140, 162, 241, 325, 355, 382.
426. 593; V. 21, p. 13, 347, 511, 534; V. 52, p. 352,
495, 5 1 9, 590; V. 23, p. 40, 254, 547; V. 24, p. 157.)
prejudice their rights.
Pennsylvania Railroad.
Xenia.—This road is leased to the Lit¬
Pitts¬
burg Cinn. & St. Louis Co.; the lease is guaranteed
by Peunsylv nia Railroad, and the terms are 8 per
cent on stock and interest on bonds.
Concord.—Pays 10 per cent a year; net receipts in
1875-6, $275,296. (V. 22, p. 5 65.)
Concord & Portsmouth.— Leased to Concord RR.
at $25,000 per year.
Connecticut d
Passumpsic.— Annual
report
to
June, 876. showed net earnings for year $240,5 54,
against $226,875 in 1874-5. Div. passed since Aug.,
1875. The new mortgage of $1,500 0 0 will retire
previous issues. (V. 21, p. 277; Y 23, p. 301, 547.)
Connecticut Central.—Leased to Connecticut Val¬
ley at a rental covering interest. (V. 22, p. 209.)
Connecticut River.—Net earnings 1875-6, $217,780,
Cleveland, Tuscarawas Valley <fe Wheeling .—This,
was sold under a 2d mortgage, Jan. 27,1875, and
re-organized. (V. 20, p. 6\ HO, 336; V. 22, p. 352.)
Colebrookdale.—Leased to Philadelphia A Read¬
ing. No dividends paid on stock.
Colorado Central.—Built mainly by Union Pacific, against $257,408, 1874-5. (V. 23, p. 500.)
which holds the bonds, $5,270,593 in all. (V. 21, p.
Connecticut \alley. -In default and surrendered
85; V. 22, p. 61, 567, 614; V. 23, p. 183.)
to State Treasurer as truste 1 for 2d mortgage bond¬
Columbus <6 Hocking Valley.—Gross earnings, holders. (V. 23. p. 40, 575, 622.)
1875, $877,590; net, $358,376, against $357,077 in 1874.
Corvo-xticut Western—Net earnings 1875-6, $120,See annual report V. 20, p. 4*76; V. 22, p. 350.)
229. (V. 23, p. 547, 576, 598, 614; V. 24, p. 64, 369.)
road
N.
J.
J.
F.
A.
J.
J.
A
A
A
A
A
A
D.
Phila., Co.’s Office.
D. Boston, Treas.’s Office.
A.
O. N. Y., St, Nich.Nat. B’k
do
do
J.
do
do
J.
April 1, 1901
Y., U. S. Trust Co.
do
1902
do
July 1, 1891
Feb. 1, 1876
June, ’75 to r84
Wabash, Indiana.
N. Y., U. S. Trust Co.
A
I)
do
do
J.
do
do
N
do
do >
New York or London.
D
N.
Cleveland Office.
A.
N. Y., Ward, C. A Co.
S.
J. N. Y., Union Trust Co.
J. N. Y., Winslow, L. & Co.
do
do
M. A S.
do
do
Q.-M. N. Y., Farm. L. A T. Co.
J. A J.
do
do
M. A N.
do
do
J. A J.
do
do
«
r.
A J.
a j.
A J.
A J.
[F. A A.[
road claims that the C. C. X I. C. Co. did not fulfil
all its part. Bondholders claim that no such failure
after bonds had been sold with the guaranty could
Columbus
O
J
J
J.
J.
Co’uiribus, Chicago & Indiana Central.—On Jan.
22, 1869, it was leased by the Pittsburgh Cin. & St.
Louis, guaranteed by Pennsylvania Railroad. An
amended lease was made Feb., 1, 1870, also guar¬
anteed by Penn. RR. The amended lease guaran¬
teed interest on $15,821,000 of first and second bonds.
Aug., ’74, default was made on the $5,000,000 seconds.
April 1, 1875, defaulted on 1st mort. The guarantee
ot interest was absolute, hut the Pennsylvania Rail¬
tle Miami Co., and both roads for 99 years to
A
A
A
A
A
A
A
A
A
A
A
A
A
Lr.
3
6
0
7
1,120,000
A.
J.
J.
F.
J.
J.
M.
J.
M.
F.
M.
J.
J.
StocJcs— Last
Dividend.
Until 1899
May, 1899
1,1914
Nov., 1876
Aug. 1, 1893
Sept., 1906
Jail.," 1890
Jan. 1, 1900
Jan. 1, 1901
Jan. 1, 1905
Mar. 1, 1877
Jan., 1892
Nov. 1, 1900
Jan. 1, 1913
Juno
1898
1890
1877
1897
July 1, 1880
Jan. 1, 1892
Juno 1,
June 1,
Feb. 10,
Oct. 1,
April, 1908
1893 to ’95
Nov., 1904
Dec., 1905
Feb., 1884
Dec., 1883
1886 to ’90
Nov., 1904
Jan., 1882
Feb., 1890
Sept. 1, 1901
Mar. 10, 1877
Sept. 1, 1890
May 1, 1877
Jan. 1, 1877
Feb. 1, 1875
April 1, 1893
July, 1881
Feb. 1, 1875
July 1, 1889
Oct., 1895
Jan. 1, 1877
Sept. 1, 1878
Jan. 1, 1901
July 1, 1900
1900-’l-’2-’3-’4
March 1, 1891
May 1, 1888
April 1, 1877
April 1, 1904
April 1, 1908
Jan. 1, 1884
Mar., 1877
1880, ’90, ’92
Oet. 1, 1888
April, 1909
April 2, 1877
April 3, 1877
July, 1881
Sept,, 1887
Oct,, 1888
Mar.,’81 A ’94
I
Y., Am. Exch. N. B’k Jan. 1, 1905
Jan. 1, 1877
Dover, Co.’s Office.
] ">hila.,Girard Nat. Bank Jan. 1, 1880
1 ffiil., Fid’lity I.T.A.S.Co July 1, 1895
1905
Philadelphia.
\. A O. Cincinnati. C. IT. A D.Co.
Q.-J. N. Y., Winslow, L. A Co.
r. a J.
do
do
vr. a s.
do
do
\. A 0.
do
do
VI. A 8.
do
do
G
426,000
356,000
105,500
614,000
3
3
7
7
3
6 g.
7
4
6
7
7
6 '
6
(>
‘Jlo
8
8
6
1,400,000
50
50
500 Ac.
3*2
500,000
2,000,000
1.700,000
3,000
1,000
1,000
7
5
3Ol,O0O
Where Payable and b\
Whom.
A, A O.
Various N.Y., Gallatin Nat. B’k.
J. A J.
do
do
A. A O.
N. Y., A. Tselin A Co.
F. A A.
do
do
J. A J. N.Y., Gallatin Nat. B’k.
do
do
Various
M. A N.
do
do
J. A J.
do
do
J. A J.
do
do
F. A A.
F. A A.
F. A A.
N. Y., A. Isclin A Co.
M. A S. N. Y., Union Trust Co.
Columbus Treasury.
Q.-M.
M. A S. N. Y., Am. Exch. N. B’k
M. A N. Boston, Tower, G. A Co.
J. A J.
Boston.
F. A A.
Boston Office.
do
A. A O.
do
Various
F. A A.
do
J. A J.
do
A. A O.
J. A J. Boston, Boat.A Alb.RR.
M. A S. Boston, Globe Nat. B’k.
J. A J. N. Y., Am, Exch. N. Bk.
J. A J. New' York and Boston.
M. A S.
Philadelphia.
M. A S. New York, Co.’s Office.
M. A N.
do
do
Q.-J. Phila. and Carlisle, Pa,
A. A O. Phila., T. A. Biddle A Co
A. A O.
do
do
do
\. A O.
do
Q.-M. New York aud Danbury
1. A J. New York, 84 Broadw’y
V. A O.
Phila. Penn. RR. Co.
A. A 0. N. Y., Farm. L. A T. Co.
0
109,500
81,800
600,000
1,000
1,000
llO'ia
HOig
50
Ac.
Ac.
Ac.
50
Ac.
Ac.
666,500
341,400
3,692,000
3,847,000
74,024
1,000,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,350,000
139,500
400,000
400,000
216,000
2,100,000
250,000
1,000,000
3,000,000
996,000
803,500
594,000
1.777,850
pal, When Due.
Cleveland, Ohio.
8 g.
821,000
......
7
7
7
6
.
1,336,000
10,428,000
....
Rate pei
’
11,243,736
1,000
....
,
500,000
1,350,000
950,000
669,000
13.938,972
-
.
425,000
3,000,000
2,453,000
2,759,200
630,000
100
1864
1865
45
70
55
35
41
144
110
36
1,000
1862
1867
1873
....
....
100
500
....
145
33
33
51
117
170
142
142
142
142
142
1,000
Bonds—Prmoi-
INTEREST OR DIVIDENDS.
Amount
Value.
1860
1864
1869
1874
67
67
35
or
of
....
.
Size
Bonds
1871
1872
1871
13
Extension mortgage
on
Date
....
Consolidated sinking fund mort. for $5,000,000..
Construction and equipment bonds
Cleveland, Tuscarawas Valley & Wheeling— 1st m...
Colebrookdale—1st mortgage
Colorado Central— 1st mortgage, convertible
Columbus <£ Hocking Valley—Stock
do
do
do
Miles
of
Road
...
1st)
1st mortgage, sinking fund bonds
1st mortgage, Logan A Straitsville
2d mortgage bonds
xvii
Connecting.—Leased to Philadelphia & Trenton,
operated by Pennsylvania; terms, 6 per cent on
$1,278,300 stock, and interest on the bonds.
and
Cumberland It. Pennsylvania.—Owned and oper¬
ated by Consolidation Coal Co., which guarantees
2d mortgage. Stock $1,500,000. (V. 22, p. 415.)
Cumberland
Valley.—The stock is owned in large
Net earnings,
Large advances
(V. 24, p. 135.)
part by Pennsylvania Railroad Co.
year ending Sept. 30, 187H, $298,101.
have been made to branch roads.
Danbury <& Norwalk.- -Gross earnings, 1374-75,
$lh7,026; expt uses, $87,410; inteiest and taxes,
$42,191; surplus, $37,425.
Danville Hazleton & Wilkesbarre.— Leased, March,
1872, to Penn.‘yivania Railroad for 33 years. The
coupons due October, 1874, were purchased by Penn¬
sylvania Railr -ad. In default, April, 1875. (V. 20,
p. 336, 476, 590, 5 70.)
Dann'le Z'j'bana, B'oominqton <£ Pekin.-This is
a part of the Indianapolis Bloomington & Western,
now
in defaul t.
See I, B. & W.
Davenport & Northw stern.—Davenports So Panl
sold in foreclosure, March 2, 1876, and re-organized.
(V. 21. p. 441, 570. 6!2; V. 22, p. 87, 281, 305, 515,
593; V. 23, p. 159; V. 21, p. 299.)
Dayton & Michigan.—Leased in perpetuity to Cin.
Ham. & Dayton, which pays interest on bonds, ar d
dividends on stock, holding itself
guarantees
$1,398,100 of the common. (V. 21, p. 62.)
Dayton & Western. Leased to Little Miami, and
with that to Pittsb. Cin. & St. L. About $90,000 of
old ext. mortg. bonds of 1881, are yet out, which
will he retired shortly.
Delawat'e— Leased by Phila. Wilmington <fc Balti¬
more for 6 per cent on stock and bonds, but if 30
per cent of gross earnings does not pay that, the
balance is charged annually to Del. RR.
Delaware & Bound Brook.—This is part of the
new route between New Yoik and Philadelphia. (V.
*
22, p. 209, 257.)
RAILROAD STOCKS AND BONDS.
xviii
Subucribers will confer
a
great favor by giving Immediate notice of any error discovered in these Tables,
DESCRIPTION.
w
Miles
Date Size, or
For explanation of column headings, Ac., see notes
of 1 1
of
Par
at the head of first page of tables.
Road.1 Bonds Value.
Delaware, Lackawanna t£ Western—Stock
2d mortgage (Delaware, Lackawanna A Western)
195
Denver Pacific—1st mortgage, gold,
land grant..
Denver <£ Rio G+ande— 1st mort., gold, sink, fd
Dcs Moines cC Fort Dodge—1st
mortgage, coupon..
Detroit, Eel River iC 111.—1st mort., coup, or reg
2d mortgage
1856
1872
1859
1858
1869
■1870
1874
1871
1873
1871
1872
1873
1869
1870
1855
1856
1860
1863
....
60
25
106
118
88
94
9 4
164
..
.
!
115
Bonds (convertible June 1, 1875 to ’77)
Lackawanna A Bloomsb., 1st mort. (extension)..
do
do '
2d mortgage
.
Detroit, Lansing 10 Lake Mich.—1st mortgage
1st mortgage, on branches
2d mortgage, on main road
Ionia A Lansing, 1st mort., coup., may be reg....
do
2d mortgage
do
do
Detroit d Milwaukee—1st mortgage bonds
2d mortgage, April 28, 185(5...
:
1st funded coupons, Nov: 15, 18(50
2d funded coupons, Nov. 13, 18(53
Bonds of June 30, 180(5 (conditional)
213
Kit
59
59
189
....
Sterling (Oak, & Otta. RR.) Oct. 1, 1853, gold....
1853
1853
1851
1854
1853
1866
....
Dollar (Oak. A Otta, Rli.) bonds, Oct, 1, 1853....
1st mort. (Detroit & Pontiac RR.), April 1, 1851.
3d mortgage (Detroit A Pontiac liR.), Feb. 1854.
2d mortgage, (Detroit A Pontiac RR.), Jan. 1853.
....
....
....
....
Bonds of Sept. 1, 1800, (Limit $300,000)
Bonds A mortgage on Detroit real estate
Dubuque & Sioux City—Stock
....
....
it;;
100
43
55
55
90
58
270
242
112
130
1st
1st
mortgage, 1st division
mortgage, 2d division (for $1,400,000)
Dubuque Southwestern—1st mort., pref., sink, fd
1st mortgage, Oct. 1, 1803
Dunkirk, Alleyh.Valley <£• Pittsburg—1st mort., gold
Duchess <Z Columbia—1st mortgage
Dost Tennessee, Virginia <f- Georgia—Stock
1st mortgage sinking fund bonds
East Tenn. A Georgia ($02,000 are endorsed)
East Tennessee and Virginia (endorsed)
2d mortgage to U. S. Government
•
Fast Pcnnsylvan ia—Stock
1st mortgage
....
....
1863
1864
1863
1863
1870
1868
....
1870
50-’56
1856
....
1858
1856
....
Mortgage funding bonds
Eastern Shore, (Md.)—1st mortgage, convertible
2d mortgage, convertible
Elmira cC- Williamsport—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 000 years to run
Erie Railway—Stock,common
Preferred stock (7 p. c. y’rly, not cumulative)
1st mortgage (extended in 1807 to 1807)
2d mortgage, convertible (extended to 1870)
3d mortgage
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds
1.
Delaware Lackawanna
Western.
—
The
com¬
operations consist in large part of coal
mining and transportation. In a brief report, Feb.
20, ’< i (V. 21, p. 181),net earnmgs lor 1876 arc given
at $4,00J,8il, interest and rentals $3,280,036. balance
net
income
^21,824.
is leased and
some
The Morris & Essex Railroad
of its bonds
guaranteed.
following comparison is made for six
1875
1874
1S73
1872...
1871
.....
....
....
....
....
1847
....
1849
....
....
....
.
■459
459
1853
1857
1858
1861
1663
1865
-1870
1874
1873
8 21g
1 862
811-2
8 1 !-2
811-2
1865
1868
1869
1869
1809
56
58
49
91
51
109
23
50
50
Where Payable, and by
Payable
Whom.
Q.-J-
New York Office.
do
do
do
do
do
do
do
do
.1,000
2,200,000
1,000
2,064,000
500,000
3,219,000
575,000
1,359,000
770,000
81,000
2,500,000
1,000 000
1,00(1
1,000
1,000
1,000
1.000
250 Ac.
500 Ac.
Various
Various
628,525
377,115
1.702,519
150,866
51,000
150,000
250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,500
450,000
3,200,000
2,500,000
1,968,274
3,009,000
500 Ac.
100 Ac.
500 Ac.
1,000
1,000
1,000
1.000
Various
100
500 500 Ac.
500
1.000
1,000
100
1.000
862,400
147,000
1,000
1,000
50
100 Ac.
100
....
1,309,200
495,900
4,997,600
194,400
672,479
11,796,000
100 Ac,
100 Ac.
50
50
400,000
200,000
500,000
500,000
1,000,000
1,0oo
500
100
100
1.000
1.000
1,000
1.000
570,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
500 Ac.
100 Ac.
1.000
£200
1,000
1,000
1,000
3,000,000
4,457.714
12,076,000
14,400,000
10,009,000
50
100 Ac,
100 Ac
1.998,400
291,700
1,000
2,193,000
745,000
1.000,000
92,300
1,000
2.000,000
1867
1852
1854
1860
1870
500 Ac,
£200
1,000
1.000
500 Ac.
1.000
1873
1,000
7
7
7
7
7 g.
7 g.
6
8
7
8
600,000
370,900
209,000
2,457,000
3,024,500
100 Ac.
100 Ac.
1,000
500 Ac.
1,000
814,000
1.986,000
281,000
631.000
145,500
775,000
325,000
-
8
8
.8
8
7
8
7 •
7
6 A 7
6 g.
7
7
8
7
7
10
1 *2
7
7
7
7
7 g7
3
7
6
6
4
3
7
3
6
p.
S6; V. 24,
p.
Stock and
Debt.
$32,6)3,185
36.535,237
35,775,769
29,633,545
25,922,768
24,766,850
$191,313, Cost of road and equipment, $6,493,800.
(V. 20. p. 569; V. 24, p. 32!.)
Denver & Rio Grande.—Narrow-gnage road (three
Let).
The whole 14ne as projected is 875 miles.
Divides competitive earniius’with Kansas Pacific
and Ateii. Top. A S F. (Y. 23, p. 329, 450.)
Dcs Moines <f* Fort Dodge.—Ttv* is part of the
Das Moines Valley, reorganized after foreclosure.
C dupons of Jan., 1877. are funded. (V. 21, p. 488.)
Detroit Eel River <(: Illinois.—To be sold in fore¬
closure.
(V. 22. p. 305; V. 21, p. 316.)
Detroit Lansing & Lake Michigan.—Coupons of
I. & L. bonds are paid in cash.
8okl in foreclosure
December 14, 1876, and new company organized by
bondholders who purchased. (V. 22, p. 399, 416;
V. 23, p. 599.)
Detroit & Milwaukee.—This road was operated by
the
Great. Western of Canada, but defaulted
in 1873, and is to be sold in forocl sure.
Of
A S.
A D.
A S.
A O.
A N.
A N.
A J.
A J.
A N.
A. A O.
J. A D.
F. A A.
J. A J.
M. A N.
M. A N.
M. A N.
J. A J.
M. A N.
J. A J.
M. A N.
M. A N.
A. A O.
F. A A.
J. A J.
M. A S.
Various
A. A O.
J. A J.
J. A J.
J. A J.
A. A O.
J. A D.
J. A J.
A. A 0.
J. A J.
J. A J.
M. A N.
J.
M.
J.
M.
A J.
A S.
A J.
A S.
!
39, 111, 156.)
Dunkirk Allegh. Valley <f- Pittsburg.—A consoli¬
dation, Dec. 1, 1872. Stock, $2,300,000. Road leased
and bonds mosily held by New York Central &
Hudson.
Columbia.—Sold in foreclosure. Aug10, 1876, for $297,500, to first mortgage bondholders<f-.
(V. 20, p. 15; V. 22, p. 321; V. 23, p. 159,183,256, 4.50.)
East Tennessee Virginia <0 Georgia.—Gross earn¬
ings year ending June 30, 1876, were $1,058,951; ex¬
penses. $715,394, and net earnings, $343,559. Annual
report, V. 23, p. 402.
East
Pennsylvania.— Leased to Philadelphia &
Reading at 7 per cent on stock and bonds. Divi¬
aic
dends
6 per cent per annum.
Eastern
(Mass.).— Company embarrassed 1875.
A general mortgage was made to fund the old issues
of debt, bearing 3|4 per cent, for three years, 4 per
cent for three years, and 6 for balance of term.
July 20, 1876
March 1,1881
Juno, 1892
March, 1885
April 15,1880
N. Y., 15k. of Commerce.
N. Y., Rut ten A Bonn.
New York.
N. Y., Mercantile Bank.
do
do
May 1, 1899
Boston, Co.’s office.
April 1,1896
Dec. 1, 1897
Feb. 1, 1893
July 1, 1889
May 1, 18S0
May 15, 1875
do
do
do
do
do
do
do
do
N.Y.,M.K. Jesup,P.A Co.
do
do
do
do
do
Nc.w York A Detroit
New York A London.
do *
N.Y.,M.K.Jesup,P.A Co.
do
do
do
do
do
do
do
do
Detroit office.
Nov. 1, 1900
Jan. 1, 1904
Juno 1, 1891
Feb. 1, 1888
Mo.vIfS
May 15, 1875
May 15, 1875
July 1
188(3
Nov. 15, 1873
Nov. 15,1873
April 1, 1878
Feb. 15,188(5
Jan. 1, 1878
Sept., 1 1886
Various.
N.Y.,M.K.Jesup,P.A Co. April 15, 1877
do
do
do
do
1883
1894
N.Y.,M.K.Jesup,P.A Co.
do
July, 1883
do
N.Y., N.Y. Cent. A Hud.
N.Y., Brown Bros. A Co.
N. Y.,R. T. Wilson A Co.
N. Y., Gallatin Nat’lB’k
N. Y., R. T. Wilson A Co.
do
do
Oct,, 1883
June, 1900
Jan.
1, 1908
April 1, 1876
July 1, 1900
1880 to 1886
May 1, 1886
Phila., by P. A R. RR.
Jan. 18, 1877
Phila., P. A R. office.
Mar. 1, 1888
July 15,1873
Sept. 15,1896
Boston.
do
1906
Jan.
A pi.
1, 1880
1, 1886
Nov., 1876
Jan., 1877
1, 1880
Oct, 1, 2862
Oct. 1, 1873
Oct, 1, 1873
May 1, 1897
Sept. 1, 1879
Mar. 1, 1883
Jan.
Oct. 1, 1880
June 1, 1888
July 1, 1891
Jan., 1893
Sept. 1, 1875
Sept. 1, 1920
Mar. 2,
Jan. 1.
1894
1903
Mar. 10, 1877
July 1, 1*382
April 1, 1890
July 1, 1898
Oct.
1, 1890
Jail. 1,
Mar. 1,
1889
1899
April 1, 1899
July 1, 1897
Jan. 1, 1887
Nov. 1,
1887
Aug. 1, 1880
May 1, 1900
.
Dubuque Southu'estern— Farley to Cedar Rapids,
earnings, 1874. $117,107—$5,8 0 below
To
February, 1877, certificates had been issued for
$11,628,0.17. Funding proposal V. 21, p. 612. (V.
23, p. 15, 63, 86, 134, 159, 4.7, 62 1; V. 24, p. 157.)
Eastern Shore.—Formerl)r leased, but now oper¬
ated on own account since December. 1869. Coup¬
ons for $216,000 overdue.
(V. 22. p. 297.) r
Elmira cfc
M.
J.
M.
A.
M.
M.
J.
J.
M.
.
la.—Gross
1873.
Duchess
Stocks—Last
Dividend.
3 Ljg. M. A S.
Boston and London'.
J. A J. Phila., Girard Nat. B’k.
6
A. A O.
6
do
do
M. A N. Phila., Penn. R. R. Co.
2*s
3 hi
J. A J.
do
do
7
J. A J. Phila.; Penn. Trust Co.
A. A O. Phila,, Penn. R. It. Co.
5 '
1
N. Y., Co.’s office.
J. A J.
do
do
3i-2
M. A N.
do
7
do
7
M. A S.
do
do
M. A S.
do
7
do
A. A O.
7
do
do
J. A D.
7
do0
do
J. A J.
do
7
do
J. A D.
7
do
do
6 g. M. A S.
London.
7 g. M. A S. New York and Loudon.
7 g. J. A D.
London.
7 g.
do
Q.-J.
1*4
Q.—M. N. Y., Union Trust Co.
7
J. A J.
do
do
A. A O.
do
7
do do
J. A J.
do
7
A. A O.
7
do
do
1
J. A J.
Boston.
6
6 g. M. A .S New York and Boston.
A. A 0. Boston, Second N. Bank
6 A 7
6 g- J. A J.
London.
7
J. A J. N.Y.,Farm,L’an AT.Co.
rr
i
M. A N.
do
do
7
F. A A.
'do
do
7 g. M. A NJN.Y.,Farm.L’an A T.C’o.
do
do
7 g. J. A J.
the bonds of June, 1S66, $1,233,000 are in the
hands of the Merchants’ Bank of Canada, redeem¬
able $100,000 per year, if earned. The Detroit A
Pontiac interest has been paid. (V. 22. p. 110, 509,
281, 399; V. 23,
pal, When Due
i
$50 .$26,200,000
500 Ac.
1,633,000
ings first ten years, and 36 afterwards. In 1875 gross
earnings were $1,194,268.
Net
Earnings.
Denver Fa si tic.—Operated in close connect ion with
Kansas Pacino. Land grant. 1,100,000 acres.
In
1876 gross earnings were $315,864; net earnings,
....
1860
1863
When
Cent.
Dubuque & Sioux City.—Leased to Illinois Cen¬
tral, in 1867, for 20 years, at 35 per cent of gross earn¬
Gross
$4,459,923
3,244,633
6.248,465
3,369,81S
2.709.509
4,746,678
3,35 ,484
1,549,723
1870
4,106,222
1,240,513
-(V. 22. p. 232; V. 23. p. 1 3, 303.)
....
Rate per
The
years:
Earnings.
$6,281,107
5,347,725
1866
959
Long Dock Co. mortgage
Sterling bonds, convertible, ,£1,000,000
1st consolidated mortgage, gold (lor $30,000,000)
2d consolidated mortgage, 5-20, (for $40,000,000)
New bonds (debentures) convertible till 1883
Erie <£- Pittsburg—Stock
1st mortgage, convertible into consolid. mort
2d mortgage, convertible
Consolidated mortgage free of State tax
Equipment bonds.
Europ'n AN. A m.—1st M., Bang’r to Winn.,Bang’r l’n
Laud grant 1st mort. (2d mort. Bangor to Winn.).
Bangor & Piscataquis, Bangor loan, 1st mortg...
1st mortgage, sterling, on N. Brunswick road.....
Evansv. cC Crawford sv.—1st in., Ev. A III., s. f
1st mort., sinking fund (Evansville to Terre II,)..
Rockville extension
Evanville, Terre Haute d Chic— 1st mort., gold
pany's
1876
I860..
39
39
78
78
78
.
mortgage, gold
Outstanding
Ponds—Princi¬
r
INTEREST OR DIVIDENDS.
Amount
190,000
36
3(3
114
Eastern (Mass.)—Stock
Essex RR. 1st mort. (extended for 20 years)
Old loans exchangeable (int. ceased Sept.,’70)
2d
[April 28, 1877.
.
VUliam^rt.— Leased in 1853 to North¬
ern
Central for 999 years.
Rent amounts to $165,000
per year.
Erie.—Mr. II. J. Jewett, the president, was ap¬
pointed receiver May 26. Negotiations for settlement
with bondholders pending, and assessments on
stock are payable till March 1, 1377, but after that
10 per cent is added.
Interest on the first five
mortgages is paid. Foreclosure suits were com¬
menced under the fifth and consolidated mortgages,
but, overdue interest on fifth mortgage was paid.
The following comparison for four years is from the
company’s report to New York State Engineer for
the years ending Sept. SO ;
1875-6
1874-5...;...
1873-4
1872-3
1871-2
Gross
Net
Earnings.
Earnings.
$15,852,461
16,876,858
18,598,899
20,0! 2,607
18,371,688
$3,621,260
4,197,728
5,035,161
6.371,965
5,777,38 3
Interest,
Rentals, Ac.
$5,538,194
6,351,781
5,021,025
3,425,280
2,989,445
(V. 22, p. 41, 42, 158, 233. 281, 305, 875, 423, 447. 487,
521, 545, 590; V. 23, p. 15, 63, 104. 134, 183, 207, 233,
353, 450. 478, 499, 615, 62 L 646; V. 24, D. 16, 29,
89, 204, 27G, 249, 274, 3.21, 346, 369.)Erie <f; Pittsburg.—Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.;
the terms guarantee 7 per cent per annum on stock
and debt. Net earnings, 1875, $226,787.
V. 20, p.
425.)
American. --Defaulted in
inclndInter¬
est is paid on 1st mortgage and Bangor A P. f\r. 2i
p. 374; V. 23, p. 63, 256, 329, 353, 547.)
Eurojxtui &
North
1875.
A very complete statement of debt,
iug bonds pledged for loans, in V. 21, p. 315.
Evansville &
Cvawfordsville —Common stock is
*1,044,400; preferred, $100,000. Net earnings 1875-6,
$:59,162. The company has paid interest regularly,
but no dividends. (V. 21, p. 488; V. 23. p. 4 99.)
Evansville, Terre ITaule rfe Chicago.—In 1874-5 net
earnings were $114,039. (V. 21, p. 136.)
RAILROAD STOCKS AND BONDS.
April 28, 1877.]
Subscriber* will
I
8
head of first page of tables.
of
Of
Road Bonds
.1 [arguetic—Stoek
Consolidated mortgage, sinking fund...
.
.
233
233
60
190.
17
13
Flushing, North shore d Cent— 1st inert. (FI.
2d mortgage (FI. A N. S.)
Central of L. I., 1st mortgage
do
do
Extension 1st mortgage
65
58
Al
.
....
10
Fonda, Johnstown d Glovcrovillc— 1st mortgage
Fort Wayne, Jackson d Saginaw—1st mort., co
2d mort. and equipment bonds, coupon
Fort Wayne, Mancie
2d mortgage
100
100
109
109
d Cincinnati— 1st mort.,g(
Framingham d Lowell—1st mortgage
bonds..
82
50
35
232
Galveston, Houston d Head, of 1871—1st mort
Geneva, Ithaca d Sayre—1st mort., s. f., gold
Georgia Railroad d Banking Co.—Stock
Bonds, not mortgage.
Gilman, Clinton d Springfield—New bonds
Grand Rapids d Indiana—Stock
1st mort., laud grant, gold (guar, by Pa. RR)...
335
335
335
335
....
Mortgage bonds, coupon.
State
.
..
stock
yearly, not cumulative)...
Hannibal & St. Joseph—Common
Preferred stock (7 p. e.
Missouri State loan
;
....
....
....
....
....
143
69
43
43
275
275
•
•
RR)
1st mortgage
(R. I.)
—
1,000
500 &c.
500 Sic.
500
1,000
500 Ac.
500 Ac.
100 Ac.
1,000
1,000
1,000
1,000
1,000
100 Ac.
100
Houston d Texas Cent.—1st M., (main) gold, l.gr.,s.f.
1st mort.. West div. (Hempstead to Austin)
1st M., gold.Waeo A N’west(Bremond to Waco) —
Consol, mort., 1. gr. (coupon,but may bereg’d)...
mort., gold
mortgage ,consolidated
Scrip for past due coupons
3d
47
461
58
58
58
8
M. A
J. A
M. A
M. A
J. A
M. A
J. A
J. A
M. A
M. A
M. A
M. A
J. A
J. A
A. A
A. A
A. A
•
•
213,000
£3,486,787
7,500,000
1,060,000
3,111,500
500,000
500,000
1,200,000
3,218,149
2,327,808
7,166,910
£20*2 £4,459,309
do
do
do
Newark, N. J., Sav. Tns.
New York.
do
Y.,Mcoli., Nat. Bank.
N.Y., Chatham Nat. Bk.
N.
*
N.
N.
do
do
do
do
do
do
Jan.
Jan.
1, 1876
1, 1901
May 1, 1889
1, 1902
May 1, 1903
July 1, 1900
July 1, 1889
Mar.
Y., St. Nich. Nat. B’k.
Y., Farm’s. L.AT. Co.
do
May, 1902
1, 1887
Sept. 1, 1888
May 1, 1888
July 1, 1882
Sept. 1, 1887
Jan.
do
Oct., 1881
Oct., 1889
April, 1896
Boston, Office.
1891
1910
July 1, 1902
July 1, 1890
Jan.15, 1877
yearly to 1890
1887
....
A J. N. Y., Winslow, L. A
do
do
do
do
M. A S.
A. A
J. A
Various. F. A
J. A
5 g
J. A
5 ft
4 g. .T. A
A. A
1*4
A. A
2*2
J. A
5
6
J. A
A. A
5*2
1
A. A
5*2
62,000
6
J. A
1,000,000
7
1,413,071
....
£100
....
•
iioo
£100
£100
£100
-
...»
Various
.
Columbia, Co.’s Office.
1,386,000
675,000
225,000
■
1,000
1,000
9,167,700
100
100
.
5,087,224
3,000,000
159,000
4,000,000
500,000
1,200,000
1,182,550
700,000
481,000
1,000
....
1867
50
500Ac.
•
.
1869
1873
1866
1870
1873
1872
1854
1857
1865
*
*
•
•
and are
3*2
6
7
Q.-J.
Si
1,000
1,000
1,000
2,305,000
910,000
2,864,000
416,000
367,500
7 g.
a
8
1,000
1
1,383,000
97,907
lien' upon
$3,020,000 are
are
secured by
the land grant.
,l Unguaranteed
the trust deed, remain a fi
lme and appurtenances.
mort? age on
the whole
188-4- 1887
Mar., 1885
Jan., 1892
Jan., 1886
1, 1877
Jan.
July 1, 1883
1876
Jan.
1,
Jan.
1, 1876
April 14,1877
Bridgeport & Boston.
1885
1889
do
1883
7g.
7
7 *
7
6 A "<
1908
1888
April 1, 1881
Bridgeport and Boston,
do
6,227,000
500
500
Oct., 1877
Oct., 1878
Dee., 1890
1881 to 1886
July, 1890
J. N. Y., B’k. No. America,
do
do
O.
do do
S.
do
do
A.
do
do
J.
J.
Fliila., Co.’s Office,
do
do
J.
J. Hartford, Am. Nat. B'k.
do
do
J.
F. Si A
7
6
’150,000
-
also a
4,0 0.
&
A
A
A
A
&
.T. A
J. Si.
J. A
J.
A.
M.
F.
.T.
J.
6
7
8
8
10
1,000
....
*
1,180,000
100,000
300,000
<3
April, 1874
April, 1874
Perpetual.
July, 1876
Aug., 1870
V?
1,574,000
820,000
3 00
100
^
Irredeemable.
Irredeemable.
Irredeemable.
Jan. 1,
Nov. 1,
J. & J.
M. & N.
J. & J.
7 g
7
7
April, 1877
Jan., 1920
Perpetual,
do
do
632,237
1876
1868
1870
1899
1899
1906
Co.
O. London, at Co.’s Office.
do
do
J.
do
do
A.
do
do
J.
dodo
J.
do
do
J.
London A Montreal.
O.
do
do
O.
J. London Joint Stock B’k.
do
do
J.
do
do
O.
do
do
0.
do
do
D.
....
....
Dee. 1st, 1875, an agree¬
ment was madewith Continental Improvement Co.,
whereby that Co. surrenders the 1st mortgage gold
bond after redemption by sinking fund, and takes
income bonds instead.
Annual report, V. 21, p.
510. (V. 21, p. 110, 534.)
Grand Tmnk (Can add). —The se figures represent
V. 24, p. 181.)
pounds stoning. Gross earnings in half year ending
Geneva, Ithaca <ft Sayre.—Sold Sept. 2, 1876, and July 1,1876, £936,359; expenses,.£733.918: net earn¬
re-organized*, this mo.t. being the old I. & A. mort. ings, £202,411. (V. 21, p. 440: V. 22, p. 445; V.
23, p. 134, 159, 4 77, 548.)
(Sec V. 23, p. 256, 304, 451; Y. 24, p. 110.)
Great Western (Canada).- These figures are given
Georgia Railroad & Banking Company —The an¬
nual reportforthe last fiscal year, ending April 1, in pounds sterling. Company operates several roads
O.
do
do
Bost. A London.
A A.
A J. N. Y., F. P. James A Co.
A J. N. Y., Metro]). Nat. B’k.
A J. Augusta,Ga., RR. Bank.
do
do
A J.
London.
6 g
6 ft.
the same
Jackson <6 Saginaw.—'Traffic guaran¬ Bonds.” which
from Michigaii Central. Interest was mortgage as the guaranteed bonds on the er.
passed January, 1874. Gross earnings, 1874, $282,882; tire land grant. $980,000 are “ Ex. Land Grant
net, $127,309. (V. 19, p. 365; V. 20, p. 591; V. 22, Bonds,” being a part of the orignnl $1,000,000 un¬
p. 352.)
guaranteed bonds, which have from time to time
Fort Wayne, Muncie
<£ Cincinnati.—Receiver been redeemed by the operations of the sinking
appointed November, 1874. (V. 20, p. 18'i; V. 23, p. fund. When the land certificate is detached they
are no longer a lien on the land, but, by the terms of
396.)
Framingham <ft Lowell. -Leased to Boston. Clin¬
Fitchburg; has also $150,000 8 per cent bonds.
(V. 16, p. 188.)
Galveston, Harrisburg <ft San Antonio.—Net earn¬
ings 1876, $119,416. (V. 22, p. 375; V. 23, p. 42S; V.
24, p. 135 )
Galveston, Houston <ft Henderson— (V. 22, p. 375;
N.Y., Merch’nts’Ex.B’k.
N. Y., Meehan. Nat. B’k.
A. A O.
.
ton &
F.
J.
J.
J.
J.
N.
J.
S.
N.
J.
S.
J.
J.
N.
N.
S.
N.
J.
J.
O.
O.
J.
& Massachusetts. 1876, was published in V. 22, p. 469. A com¬
three years was as follows:
$523,616; dividends, 8 per cent parative statement for1873-4.
1874-5.
1875-6.
21, p. 39, 590; V. 23, p. 548.)
Tot, gr. earng's... $1,571,785 $1,281,907 $1,191,324
Flint & Fere Marquette—Gross earnings 18?6> Operat’g expenses.
68?,456
826,097
611,677
$1,009,368; net earnings, $366,074. The lands are in Net earnings
684,334
455,809
552,646
live trust; sales in 1876, 7,538 acres, for $76,2i0;
In May, 1875, this company, with the Central Geo rgia,
total to Jan. 1, 1877 270,343 acres, for $2,219,005;
at foreclosure sale the Western Railroad
lands yet unsold, 241,158 acres. Coupors on consol, purchased
of Alabama.
(V. 19, p. 247; V. 21, p. 395.)
bonds pnsed Nov.. 1875, and part were funded. (V.
Gilman, Clinton & Springfield.—This company
21, p. 488, 534; V. 2p. 568; V. 23, p. 159; V.
defaulted in 1874, and was sold June 8. 1876. Anew
24, p 297.)
company was to be organized and $2,000,000 stock
Flushing, Northshore eft Central.—A consolidation issued to old bondholders. (V. 22, p. 375, 614; V. 23,
in 1874 of seven companies.
Now leased to L. I.
p. 86, 428; V. 24, p. 274.)
RR. There are. in addition to above, #125,000 N. Y.
Grand Rapids & Indiana.— An ofiicial description
& Flushing RIt. 7s; $149,u00 North Shore 7s; and
$93,000 Wdntestone & Westchester 7s. (V. 20, p. of bonds was given Jan 35, as follows: $4,COO,000
are ‘‘Guaranteed Bonds.”
Principal and interest
382.)
guaranteed by the Pennsylvania Railroad Com¬
Fonda, Johnstown dft Gloversville. -Net earnings
Fort TVague,
tee 40 per cent
1, 1877
April 1, 1894
Jan.
Boston Office.
do
J.
7 ft7
Fitchburg— Leases Vermont
to
A
Stocks—I^ast
Dividend.
....
....
....
*
pany,
No. 1
Whom.
A. A 0.
7g.
Net income, 1875-6,
for some years. (V.
1872-3, $45,957.
Payable, and by
£25
£100
....
....
•
1,000
1,000
1,000
....
343
118
J.
7
7
7
7
8
8
7 g.
8
7
6 g.
1 k7 g3
7
7
1,000
—
1853
26*2 1853
95 io 1850-2
120
120
....
3
7
7
500 Ac.
—
....
74
2d mortgage
Bonds of 18GO
Bonds of 1873
Where
Payable
7
8
10
10
10
8
8
1,000
....
Preferred stock
Huntingdon d Broad Top—1st
2d mortgage, gold
1,000
1870
15
53
54
54
City A Cam. RR.)
Harrisb., Fortsm'th, Ml. Jog d Lane— Stock
Harlf., Prov. d Fishkill—1st mort.
1st mort. (Conn.)
Housatonic—Stock.
Cent.
....
1853-7
1863
•
Land grant mortgage
1st mortgage (Kansas
1873
1875
....
•
Bonds 1870, convertible
1st mortgage (Quincy A Palmyra
1869
1869
1875
....
350
350
350
350
350
145
143
When
Rate per
pal, When Due.
’
....
Gulf, Western Texas d Pacific—1st mortgage
Hannibal d Naples—1st mortgage.
2d mortgage
,
*
....
....
49534
into common...
do
do
do
do
New bondR, coupon
Greenville <6 Columbia—1st mort.,guar.by
Bonds not guaranteed
New mortgage (for $2,500,000)
....
....
....
cent, convertible
1871
1871
1873
1872
1870
....
conv
Great Western (Canada)—Common stock
Preferred 5 per
Debentures
1871
1869
1870
1872
1873
1870
1869
1871
1869
....
do
2d
do
Amount
Value.
1877
....
do
do
or
Par
....
Income mortgage bonds, for $10,000,000
1,377
Grand Trunk (Canada)—Consolidated stock...
New stock for £10,000,000
Debenture stock for £8,000,000 (act of 1874)....
Canadian debentures.
Equipment mort., 1st on all rolling stock
do
do
2d
do
Postal bonds, Ac., secured by gov’t business..
2d
Size,
100
1872
1866
1868
1868
1867
issued in aid, guar by lessees.
Construction bonds
Bonds—Princi¬
INTEREST OR DIVIDENDS.
$100
187*
....
Flint d Fere
3d
Date
94
Fitchburg—Stock....
Bonds, coupons (.$4,000,000 authorized).
Bay County,
tliese Tables.
confer a great favor toy giving immediate notice of any error discovered In
DESCRIPTION.
at tlio
xtx
A
Sc
A. Si
F. Si
&
il
i
Nat’l. City Bank,
J. N. Y
do
do
j.
do
do
J.
do
do
O.
O.
Philadelphia, Office,
do
do
A.
do
do
O.
do
do
July 1, 1891
July 1, 1891
July 1, 1903
Oct. 1, 1912
Oet.
Feb.
1, 1890
1, 1895
April 1, 1895
156^ miles, and the Dct.
For the half year ending
July 31, 1876, the gross receipts were £394,769;
working expenses, £2 )0,647; net earnings, £194.122.
Renort in V. 23, p. 426.
(V. 22, p.44 6; V. 23, p.
134, 159, 379, 4 26.)
Greenville eft Columbia.— This company defaulted
several years since, hut compromised with its bond¬
holders.
(See Chronicle, V. 16, p. 250; V. 17, p.
in Canada, amounting to
& Milwaukee, 189 miles.
400, 752; V. 20, p. 5 68; V. 22, p. 110.)
Gulf, Western Texas eft Pacific.—Sold April 3,1877»
for $100,000. (V. 20, p. 428; V. 23, p. 256, 353.)
Hannibal <ft Navies.—This road formerly leased
to Tol. Wab. & West.; is noticed for sale in fore¬
closure. May 22, 1877.
(V. 24, p. 136, 346.)
Hannibal <ft St. Joseph.—Of the Missouri State loan
$1,500,000 was extended for 20 years. It is stated
that the company has nearly $3,000,1 00 in land notes,
and about 100,090 acres yet unsold. A change
directors took place Nov., 1875. No report has been
in the
issued since 1872.
(V. 22, p. 158, 328; V. 23, p.
478; V. 24, p. 40, 198.)
Harrisburg Portsmouth Mount
112,
Joy <ft Lancaster.—
Pennsylvania Railroad, which owns a
majority of the stock.
Hartford, Providence <ft Fishkill.—Thin road forms
a part of the proposed line of the N. Y. &
New
England Railroad. The bonds fell due Jan.. 1876,
but citv of Providence declined payment and suit
is pending.
(V. 2b p. 87, 3 0 4: V. 24, p. 1 56.)
Ho usatoni c— Lea se - Berkshire Railroad, Stockbridge A Pittsfield, and West Stockbridge. Gross*
earning's in 1S75 6 were #656,514; net, $255,111. (V.
21, p 232; V. 24, p. 274.)
Houstonit Texas Central.— Gross earnings in 1876
were $3,162,518; net earnings, $1,277,321.
Interest
charge, $950,000. In Mar., ’77, an attempt was made
to get a receiver.
(V. 22, p. 328; V. 23, p.158; V. 24,
p. 04, 227, 219, 275, 299, 846, 369.)
Huntingdon tft Broad Top.- Capital stock is $2,052,800. Gross earnings in 187fi were $270,441; net,
Leased to
$143.8:5.
Interest passed on 3d mortgage
(V. 22, p. 206; V. 24, p.
369.)
bonds.
RAILROAD STOCKS AND BONDS.
XX
Subscribers will confer a great favor by giving Immediate
DESCRIPTION.
For explanation of column headings, Ac., see notes
at the head of iirst page of tables.
Miles
Date
of
of
Road. Bonds
Illinois Central—Stock
707
Redemption, 1st and ‘2d series
General mortgage, sterling
Sterling bonds, (sinking fund £20,000 yearly)
Mortgage, sterling
Indianapolis, Bloomington d West.—1st wort., gold.
2d mortgage
Ind., Bloom., & W., Extension, 1st mort., gold
Indianapolis Dec. if- Spr.—1st M.,gld (for $1,800,000)
2d mort., (income bonds only till July, 1881)
Indianapolis, Cincinnati it Lafayette—Stock
202
202
217
85
....
Preferred stock (issued for funded debt bonds)...
1 875
90
151
179
Indianapolis A. Cincinnati of 1858
Indianapolis, Cincinnati A: Lafayette
do
do
*
do
Funded interest bonds, coupon
Equipment bonds, registered
Cin. A Ind., 1st mortgage
do 2d M., guar. ($1,000,000 due ’77 ext. to ’02)
Indianapolis it St Louis—1st mort., in 3 series
2d mortgage
Equipment bonds
Indianapolis it Vincennes— 1st mortgage, guar
2d mortgage, guaranteed
20
20
71
71
International it Great Northern—Consol, stock
International, 1st mortgage, gold
Houston & Great Northern, 1st mortgage, gold...
do
do
7
lo
1,000
184
41
1869
2,052,000
4,625,000
2,960,000
250
1870
1867
1869
1862
1866
1870
1873
1872
1,000
1.000
100
500 Ac.
1,000
1,000
1866
1 867
1869
1868
1870
1 >373
1871-2
673
2 45
140
253
394
34
427
1869
1865
1866
1865-7
1866
1866
1870
1871
1873
33 L>
99
99
162
3d mortgage
Keokuk it I)cs Moines—1st mortgage
Funded interest bonds
Knox d- Lincoln—1st mortgage..
1,000
500 Ac.
1,000
1,000
100
5612
Kentucky Central—2d mortgage
1,000
1873
1853
1855
1874
1874
82
Tofayette Bloomington d Miss.—1st mortgage
37
Lafayette Muncie d Bloomington—1st mortgage
Lake Shored Michigan Southern—Stock.
1181
Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon.
864
do
do
do
864
registered
2d mortgage, do. (for $25,000,000) coup, and reg.
864
Income bonds (s. f. $600,000 per yr.) coup, or reg.
864
Mortgage bonds of Oct., 1869, sinking fund
1st mortgage, sinking fund, M. S. & N. I
451
1871
1871
1870
1870
1873
1872
1869
1855
1,000
1,000
1,000
1,000
loo Ac.
250 Ac.
4
S
7
7 g.
7' g.
8
S
1
7
7 g.
8
7
7
1 34
7
7
7
660,000
4,000,000
300,000
2,000,000
2,000,000
397,000
2,526,000
2,000,000
250,000
300,000
1,000
1,000
4
6
100
500 Ac.
1,000
ry
7
800,000
500,000
300,000
2,789,413
500,000
1,400,000
539,500
2,500,000
887,000
948,000
305,000
10,000,000
6,404,000
2,240,000
4,003,000
6,303,000
600,000
4,275,350
1,706,250
-
7 g.
7
8
6
6
7
10
8
7 A 7 g.
8
8
10
7 g.
6 g.
6 g-
7
vr
1,300,000
7
666,000
1,000
1.000
1,000
1,000
1,000
1,210,000
4,457,000
9,105,000
3,395,000
1,071,000
5,256,000
cr.
7 g.
142
5
7
-7
7
7
7
7
anteed
by Penn. Railroad.
Net earnings in 1875
$32,708. (V. 20, p. 426.)
were
The Company has become interested
International <f Great Northern (Texas).—'This was
consolidation of the International and the Houston
Great Northern.
Interest passed and funded. A
in the N. O. Jack. & Gt. North, and Miss. Central
roads on foreclosure. The annual report for 1876
(V. 24, p. 134 and 363) gives causes for decrease in
earnings, prospects, Ac. The following is a com¬
parison for four years:
Gross
Net
Interest,
Year.
Earnings.
Earnings.
Ac.
1876
$7,040,969
$2,141,776
$616,792
IS75
2 670,081
7,802,556
661.093
1874
7,900,721
2.775.302
413,610
1873
8,268,325
2,530,893
558,437
a
funding proposition offered March, 1877, see
new
V. 24, p. 29 ). The company had an issue of Texas
bonds granted it, but the grant was repealed and
land give a instead. (V. 22, p. 398: V. 23, p. 403;
V. 24, p. 299.)
Ioiua Falls of Sioux City.—Leased to Illinois Cen¬
tral at 35 per cent, on earnings. Quarterly dividend
! i;g per cent, June 1, 1876, on $4,635,000 stock.
(V. 22, p. 16, 256; V. 23, p. 451, 525; V. 24. p. 111.
134, 158. 368.)
I
Indianapolis, Bloomington <f Western—Default was
Iron Mountain, Chester & Eastern.—This was formerly the Chester A Tamaroa. Bonds are in de} fault since 1873, and foreclosure sale ordered. (V.
i
J 22,
of this road. Plan of re-organixation. V. 22, p. 110.
Receiver's report for 1876. V. 24. p. 15 6.
*.V. 22, p.
16, 61, HO, 257, 375; V. 23, p. 63, 112. 478.)
Indianajx)lis, Cincinnati <0. Lafayette.—'The com¬
i and is held by the state ar.d noticed for sale April
; 2, 1877. (V. 22. p. 158; V. 23, p. 63, 256, 576; V. 2-4,
! p. 40. 204.)
!
was
i
defaulted July, 1876, and Mr! Ingalls, President,
appointed- receiver.
Gross earnings, live
months, Aug.-Dee
1876, $610,526; net, *303,035.
,
<V. 21, p. 207, 277, 4 64
p.
,
465; V. 22, p. 257; V. 23,
112, 135, 183, 377; V. 24, p. 181, 1273.)
Indianapolis, Decatur <0 Springfield—This
em¬
braces the former Indiana & Illinois Central. The
eecond mortgage is issued to holders of old I.& I.C.
firsts, and till July. 1881, Interest is payable out of
net earnings only, if sufficient. The remaining 67
miles'to Indianapolis is in progress.
Indianapolis & St. Lours.—The stock, $600,000, is
Owned by Pennsylvania Co. and C. 0. C. & I. This
company forms part of the Pennsylvania system, and
leases the St. Louis, Alton A Terre Haute. (V. 21,
p. 395.)
Indianapolis & Vincennes.—Is controlled by Penn.
'Co through stock ownership, and iutcrest is guar¬
,
p. 614.)
j Jacksonville. Pensacola of Mobile.—This road is
| mortgaged for a like amount of Florida State bonds,
pany
'
A.
J.
F.
F.
O. N. Y., National City
do ■
do
J.
A.
do
do
do
A.
do
A
A
A
A
r
.
.
'
Jefferson. —Leased to the Eric Railway Company,
which pays interest on the bonds. (V. 14, p. 628.)
Jeffersonvilw, MadUoi of Indianapolis.—Leased
Jan. 1, 187-3, to Pennsylvania Company for interest
and sinking fund of bonds, and 7 per cent, a year
on stock.
Lease guaranteed by Penna. Railroad.
In 1875, net earnings were $468,281.
(V. 20, p.
426.)
Jersey City of Albany.—Road was in progress, but
stopped in panic of 1873.
Bondholders held
off. (V. 19, p. 365; V. 21. p. 613.)
Feb.
Dec.
J. New York and
S.
do
do
D.
A. N. Y., Fanil. L.
S.
do
Boston.
A.
.
Boston.
do
do
N.
S.
J.
S.
O.
O.
S.
Bk of Commerce.
do
do
N.
1, 1904
1, 1876
April], 1899
May, 1901
1900
1887 A 1889
Jan. 1. 1889
Feb.. 1877
May 1, 1881
Oct. 1, 1906
July 1 1910
1913
May 1, 1912
July 1, 1874
July 1, 1882
April 1, 1900
Jail.
May 1, 1899
Aug. 1, 1895
June 1, 1896
1895 to’97
1, 1896
Jan.
July 1, 1916
Loud. A Frankf’t. July 1, 1880
Now York.
Sept., 1886
New York A Frankfort. April 1, 1903
New York.
April!, 1903
N. Y.. Bank of-America.
March, 1883
do
do
I)J
June, 1885
N. Y.,
O.
O.!
New York Office.
do
do
1904
1884
New York.
A.
A.
A. N. Y., Chase A Atkins.
do
do
A.
J.
Coupon vS arc paid by f
Chase A Atkins, 18 |
Q.-J.
Broad st., N. York, J
J. A I).
A. A 0.
and registered in]
A. A O.
tercst
by Union
M. A N.
Trust Company.
1
F.
F.
F.
F.
J.
1, 1900
1, 1880
Sept. 1, 1892
June 1, 1874
A T. Co. Aug. 1, 1893
do
Sept. 1, 1890
Feb. 1, 1898
Oet.to J’ne, 74-5
M. A N. N. Y., Loud. A Frankf’t.
F. A A. N. Y., Bk of Commerce.
J. A D.
do
do
A
A
A
A
A
A
A
A
A
A
1, 1906
July 1, 1906
Aug. 1, 1892
O. N. Y., Nat. Park Bank.
N.
J.
New York.
J. Honesdale Nat. Bank.
J. N. Y., by Erie Railroad.
Q.-F. N. Yr., Farm. L. A T. Co.
M. A N.
do
do
A. A O.
do
do
J. A J.
do
do
J. A J.
M. A N.
New York.
J. A J. N. Y., Farm. L. A T. Co.
J. A J.
Philadelphia Office.
A. A O.
do
do
A
A
A
A
A
A
1912
Jan.
Jail.
A
A
A
A
A
J.
M.
J.
F.
M.
F.
1, 1877
April 1, 1890
April 1, 1895
April 1, 1903
Dec. 1, 1905
Oct., 1909
Oct., 1890
B’k April 1, 1911
Q.-M.
A.
M.
J.
J.
J.
Feb.
N. Y., Amor. Ex. Raulc.
April, 1888
do
do
Feb., 1897
do
do
Juno, 1899
do
do
Sept. ’78,’80,’83
do
do
Sept. 1, 1883
do
do
Dec., 1892
Now York and Boston. Jan. ’82, ’87,’92
N. Y., Union Trust Co.
July 1, 1919
do
do
Oct, 1, 1900
do
do
July 1, 1881
N. Y., Farm. L. A T. Co.
1908
do
do
1900
Payable *2 by transportation.
1,000
533,500
A.
N. Y., Co.’s Office.
O.
N. Y., Co.’s Office.
O.
London.
O. London,Morton R.A Co.
D.
do
do
O.
New York.
J.
do
J.
do
O. New York, Co.’s Office.
do
do
J.
M.
M.
J.
M.
A.
A.
M.
J.
A.
A.
1,000
100
100
1,000
49,466,500
A
A
A
A
A
A. A
J. A
J. A
A. A
J. A
7
7
7 g.
7 g.
7 g7
7
7
8
1.000
100 Ac.
100 Ac.
F.
A.
A.
A.
J.
Dividend.
6
1,500,000
1,125,000
600,000
844,000
237,000
2,300,000
258,720
2,395,000
1,000
1.000
1.000
1,000
whom.
Pay’ble
A. A O.
F. A A.
J. A D.
M. A S.
M. A S.
J. A I).
J. A J.
Various
A. A O.
J. A J.
F. A A.
M. A N.
7
1.000,000
500,000
1,700.000
1,000
262
Illinois Central.—A general mortgage provides for
all the bonds now outstaiding. It is limited to
353,000
500,000
1,497,000
2,000,000
1874
52
78
78
130
1st mort., gold, coup., on 140 miles west Mo. Riv.
1st mort., gold, 140th to 393d mile
2d mort (to U. S. Gov.) on 394m. west Mo. River.
1st mort., coup., (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 427 miles.
1st land b’ds, cp, or reg., gold, on 2,000,000 acres
2d land mort.,
do
do
do
Arkansas Valley, 1st mortgage, gold, guaranteed
June. C. A Fort K., 1st mort., gold, land gr., guar
•
7
416,300
1,000
100
Kansas Pacific—Stock
1st M., 394th to 639th mile, I’dgr., 3,000,000 ac’s
$15,030,000.
1,767,000
1867
rr
7
1,000
2.907,000
86
7
7 g-
2.667.000
,000
159
159
38
12
44
4L>
7 g.
8
7
7
500 Ac.
1,000
226
5 g.
5 g.
5,500,000
38,000
3
9
38
6 g.
2,500,000
4,598.000
1.000,000
5,000,000
1,500,000
1,000
/it
2
6
2,50#,000
1S71
1872
1872
g :r.
Cent.
2,800,000
Ac!
When
Rate per
5,587,150
1,419,400
1.600,000
1858
1867
1869
1873
1873
1 862
2d mortgage
convertible
Mo. Valley, 1st M. ($1,000,000 of it is gold)
Kansas City, St. Jo. A C. Bl., consol, mort..
New consolidated mortgage (for $8,000,000)
Three year notes
Outstanding
1,450,000
5,500,000
3,264,000
4,084,000
Kansas City, St. Joseph it Council Bluffs—Stock
1st mortgage, Council Bluff's A St Joseph...
do
Amount
50
lOO
500 Ac.
1,000
1,000
Joliet d Northern Indiana—1st mortgage
Junction, Philadelphia—1st mortgage.
do
1,000
1,000
1,000
1,000
1,000
117
459
204
2d mortgage
Joseph A Council Bluffs, 1st mortgage...
£200
£200
£200
500 Ac.
Jersey City d Albany—1st mortgage, gold
Ridgefield Park, (N. J.,) 1st mortgage
St.
500 Ac.
1 17
459
Jacksonv., Pcns.dMob.—Florida State (tends, gold...
Jefferson (Pa.)—1st & 2d worts. (Hawley Branch)..
1st mortgage (Susquehanna to Carbondale)
Jeffersonville, Madison d Indianapolis—Stock
Indianapolis & Madison, 1st mortgage
Jeffersonville, Madison A Ind., 1st mortgage
par
Value.
150
Bond 8—Prinoi pal, When Duet
Where Payable and by
Slocks—Last
INTEREST OR DIVIDENDS.
or
1869
1870
1871
255
Int. A II. A G. N. convertible bonds.......
do
do
2d mort., (exch’ble for convert.)
Iowa Falls d Sioux City—Stock
1st mortgage, April 1, ’GO
Iron Mountain, Chester d E.—1st mortgage, gold—
notice of any error discovered In these Tables,
$100 $29,000,000
1864
1875
1874
1875
1869
1870
1872
1876
1876
-
—
Size
[April 28,1877.
A
A
A
A
A
Aug., 1901
A4ig., 1901
Feb. 1, 1877
Feb. 1, 1877
July 1, 1900
July 1, 1900
Dec. 1, 1903
Oct. 1, 1882
Oct. 1, 1879
May 1, 1885
Junction (PhilA—Owned by connecting companies.
Cost of road $898,324; paid-up stock, $185,000.
Kansas City, St. Joseph tf Council
tion to these, there are also funding
Bluffs—In addi-
bonds of about
$640,000 in different issues. Annual report for 1875
in V. 22. p. 495. Gross earnings in 1875, $1,362,708;
net, $351,889. Stock, $2,776,000. Interest defaulted
Sept., 1873. (V. 20, p. 475; V. 22, p. 233, 495.)
Kansas
Pacific.— In
1875
net
earnings
were
$1,572,880, against $1,635,761 in 1S74. The land
grant is m two trusts, 2,009,000 acres in the first,
from the 1st to the 380th mile, and 3,000,000.acrcs iii
the second, from 350th mil; westward. The com¬
pany paid half the interest on its bonds, (except
incomes), after defaulting in 1873, up to November,
1876, and then went into hands of receivers.
See annual report, V. 23, p. 38.
(V. 22, p. 545; V.
23, p. 38, 86, 478, 499, 515, 576; V. 24, p. 136.)
.
Kentucky Central.—This
was formerly Covington
The company recently purchased
& Lexington road.
(V. 20, p. 500;
& Lexington.
the Maysville
V. 21, p. 39.)
Keokuk cf Des
Moines Valley.
Moines.—Formerly East. Div. of Des
The stock is $1,524,000 pref. and
$2,400,000 common. In year 1875-6 gross earnings
were $741,339; net, $220,838.
(V. 20, p. 520; V. 22,
p.
588.)
Knox cf Lincoln.—Annual report, V. 22, p.
304.
Lafayette Bloomington cf Miss. Formerly leased
W.; now to Laf. Muncic & Bloom.
(V. 23, p. 353.)
to Tol. Wab. &
was
Joliet of Northern Indiana.—Mich. Central offered
to extend with a 6 per cent. bond, but court decided
that total rent must be
applied to principal and
interest of bonds; still in litigation. (V. 20, p. 85,
140, 429; V. 21, p. 110; V. 22, p. 567.)
Lake Shore & Michigan Southern.—The bonds, as
above given, are the amounts actually outstanding
after
deducting those in sinking funds. The annual
report for 1875 was published in the Chroniclb,
V. 22, p. 421, and balance sheet 447.
Later
report to June 30, 1876. V. 23, p. 254.
The fol¬
lowing shows
a summary for the years
named;
great favor by giving Immediate notice of any error discovered In tbese
Subscribers will confer a
DESCRIPTION.
For
Miles
explanation of column headings, Ac., see
at the head of first page or tables.
notes
451
do
do
A Tol., 1st mold., coup., guar
Kalamazoo A White Pigeon, 1st mortgage
Schoolcraft A Three River. 1st mortgage
Kalamazoo A Schoolcraft, 1st mortgage
Kalamazoo, Allegan A Gr. Rapids, 1st mortgage/
Dot. Monroe
do
do
Jamestown A
do
Lake
stock, 0 per ct. guar.
2d mortgage
do
Superior A Miss— 1st mort., gold, l.gr.,s.f
mortgage bbnds
Lawrence—Stock
1st mortgage
—
Leavenworth Atch. A X. IK—1st mort., guar
Leaven., Law. A Gale— 1st mort.,l.gr. ,s.f.,conv..
Kansas C. A Santa Fe, 1st mort., guar
Income
•
Southern Kansas, 1st mort., guar
Lehigh A Lackawanna—1st mortgage
Lehigh Valley—Stock, common and prof
1st mortgage, coupon and registered....
registered
Gem mort., gold, $ A £ (s. fd. 1
2d mortgage,
-
Delano Land Company
_
mortgage, sinking fund
Logansp't, Crawford sv. A S. )V. of Ind.—1st mort., g.
Long Island—Stock
1st mortgage, main extension and G. C. Branch..
Newtown A Flushing
1st
New York A Rockaway
Smithtown A Port Jefferson
do
do
do
2d
do
Lebanon branch, Louisville loan
Lebanon branch, 1st mortgage
do
extension, Louisville loan
Consolidated 1st mortgage for $8,000,000
2d mortgage bonds, gold, coup
Memphis A Ohio, 1st mort., sterling, guar
Lowell A Lawrence—Stock
mortgage
Etpiipmentbonds
Madison A iwrtgage—1st mort.,
Manchester A Lawrence—Stock.
Maine Central—Stook
1st mortgage, consolidated.
gold
197*2
197*2
1869
26
357
357
19
38
Androscoggin Railroad, Bath City loan
1874.
1,175
o70.)
Lawrence.—Leased to Pittsburg, Fort Wayne A
per cent on gross earnings.
Lease
transferred to Pennsylvania Company.
Net earning?, 1875, $S4,177. Sinking fund has $14,000 bonds.
(Y. 20, p. 425.)
Chicago at 40
Leavenworth, Lawrence A Galveston.—Defaulted
interest
July, 1873. and began to pay half of
Coupons of 1873 in January, 1877.
(Y. 23, p. 40;
Y. 24, ]>. 158.)
Lehigh A Lackawanna.—Operated by Central of
New Jersey as a coal road.
Lehigh Valley.—This company’s earnings are
chiefly from anthracite coal. The gross income
from
all^ sources, in 1875-6, was $8,037,247; net
$4,194,497. The company’s report srives no details
the
construction account, nor of the
value of its miscellaneous investments.
cost
The
Amboy branch completed, with $9,544,038 spent on
it to December,
1876; has no mortgage debt. A com¬
parative statement for three years is as foHows :
1873-4.
1875 6.
1874-5.
,
*Coal (tons) moved...
Gross earnings
■Operating
expenses..
Net earnings
100
9,003,218
819,000
225,000
1,000
£200
£200
4,150,660 3,277,527 3,951.513
$6,759,391 $6,046,495 $7,049,646
3,471,418 3,262,861 3,842,750
$3,237,973 $2,783,633 $3,205,896
2,500,000
1,100,000
150,000
7
7
7
7
3
100
100
100 Ac.
1872
18(50-1
1870
1868
1871
1861
I
Funded debt
Pittsburg Office.
Philadelphia Office.
Boston.
Y., Union Trust Co.
Philadelphia Office.
do
N. Y., Jones A
Schuyler.
Company’s Office.
Louisville.
A J.
A J.
J. A J.
A. A O.
F. A A.
A. A 0.
Various
M. A N.
A. A O.
A. A O.
M. A N.
J. A 1>.
F. A A.
rr
4
7
6
°
460,208
15 6; Y. 23, p. 1S3; V. 24, p.
(V. 20, p. 427.)
j
1
!
j
i
April,
Aug.,
1,
July,
Oct.
1877
1895
1889
1899
Ma^l890
A
Feb., 1897
pi. 15, 3 877
Juno, 1898
Sept., 1910
1898 A 1923
Jan., 1892
May 1, 1902
Mar. 10, 1877
May, 1883
1894
July 1, 1895
April, 1900
Jan., 1877
Oct., 1877
Aug., 1900
1873
July, 1890
May, 1903
April, 1901
Sept., 1901
June, 1869
July, 1873
Jan,, 1881
Jan., 1897
April. 1900
Aug. 1, 1873
do
do
N. Y., J. B. Alexander.
Louisville.
N. Y., Drexol, M. A Co. 1886 A 1887
1886
do
do
Louisville.
Nov., 1880-’S5
do
Oct, 15, 1893
N Y., Drcxel, M. A Co.
April, 1898
Nov. 1, 1883
New York.
.
Loudon, BaringBros.
do
do
Boston.
*
<> S■
Y., Bank of America.
Q.-F.
7
7
7
6
1,
....
N.
Philadelphia.
J. A J. N.Y'.jM.K. Jcsu]),P.ACo.
2*2
7
.7 g.
5
1,
1,
1,
3,
1,
1,
1,
Jan. 1,
July 1,
July 1,
July
....
rr
—
$351,099.
_
A
A
A
A
A
J.
J.
110.)
Little Miami
This company leases the Columbus
A Xenia, and both are leased to Pittsburg, Cincin¬
nati A St. Louis, guaranteed by Penn, lilt., lessees
assuming interest payment on bonds and 8 per cent
on stock.
Net earnings, 1875, (L. M. A O. A X )
p.
-J-
....
Anthracite.
(Y. 22,
V:
M. A N. N.Y., St. Nicholas N.Bk.
do
do
M. A N.
A. A O.
do
do
do
M. A 8.
do
7
G g3
Floating debt
*
a
April
July
April
July
Sept.
April
Aug.
.
Q.-F.
-
1874-5.
1873-4.
1875-6.
$24,505,447 $27,( 92,297 $27/228,920
16,839,000 2-2,129,000 24,186.000
Capital stock
• —*
rr
J.
J. A J.
A. A O.
6
6
7
6
7
7 g.
1,000,000
’3,620,120
2,796,500
1,100,000
496,500
756,800
633,000
425,000
%
tp TjVJ p
I. A J.
A. A O. N.
6
6
7
8
4
.
J
i
D. Reg. at office, ep.B’k N. A
S.
Philadelphia Office.
D.
do
do
J.
Philadelphia Office.
N.
Cincinnati.
Q.-M.
M. A N. N Y., Bank of America.
Various
Cincinnati.
4*2
/
2
^2)
....
600,000
1,000
a
.
370,000
500 Ac.
500 Ac.
500
J.
M.
J.
J.
M.
6
6
600,000
400,000
1,000
1,000
3 S'pp
r
Q.-J.
i
77,000
333,000
7,109,000
2,000,000
3,500,000
2,369,710
1,000
1870
1873.
1,175
earnings.. $14,434,198 $17,148,130 $19,414,5 :0
Operat’g exp’es. 10,531,500
11,152,371
13,746,593
Net earnings....
3,902,697
5,993,759
5,667,910
Stock
50,000,000
50,000,000
50,000,000
Total debt.
37,774,000
38,035,000
38,373,421
—Company’s statement of earnings for 1876, on
which the dividend was declared, showed surplus
over interest of $1,611,177.
(V. 21, p. 9, 252, 418;
Y. 23, p. 33, 254, 622; V.24, p. 16.)
Lake Superior A Mississippi.— Land grant, 1,6:2,000 acres. Foreclosure sale to take place May 1;
plan of re-organization V. 22, p. 111. (Y. 21. p. 372,
570: V. 22, p. 233, 545; Y. 23, p. 33, 329; Y. 24, p. 249,
of
100,000
3,000,000
981,000
100
1867
1869
’67-’70
39
Bonds ($1,100,000 loan) A. A. K. RR..
Extension bonds, 1870, gold
Maine Central loan for $1,100,000
Leeds A Farmington Railroad loan.
or
1,000
1,000
1,000
*2
O
851,000
74,519
^
rr*
A
A
A
A
.
7
2,623,483
1,000
1,000
1,000
1856
1863
1863
1868
1873
1871
1872
10
8
750,000
2,6 46,100
723,500
1,500,000
3,300,000
1,446,500
106,500
250,000
600,000
50
500 Ac.
100 Ac.
50
500
500
500
500
50
1851
18(57
1870
30
7
7
3
7
8 g.
1,000
1,000
,2 cc m
Q.-J.
4
2,000,000
1875
1870
j
1
A. N. Y., Winslow, L. A Co.
O. N. Y., B’k of Commerce.
J. New York and Boston.
N.
Boston Office.
do
F. A A.
6
7
6 g.
7
1,000
A
F.
A.
J.
M.
5,000,000
6,000,000
13,186,000
1.697,000
1,545,000
4,608,000
1,500,000
525,000
‘5,000,000
1,000
ox i >>
1877
1880
1892
1899
1885
1886
1882
1886
1898
1906
1890
1887
1887
1888
Nov. 1,
Jan. 1,
Oct. 1,
Oct. 1, 1876
A O.
~~L ‘3
Var. to July,’97
A J.
June 1, 1894
A 1).
o
A J. N. Y., Boston A Phila.
Jan., 1899
A. A O.
do
do
Oct., 1902
2*2
1,000
1853
1864
I
Stocks—Last
Dividend.
A.
J.
J.
J.
7
1
1,000
A J.
A O.
A J.
A S.
f*
j J. A J.
27,092,297
3 ,000
C3
A O. !
J.
50
1.000
So
**
CC
|J. A J.
rr
i
20
77
77
2d
on
1,000
1870
1873
1871
1871
'
Lykens Valley—Stock
Macon A Augusta—1st mortgage
2d mort., endorsed by Georgia Railroad
Macon A Brunswick—1st mort., State endors
1,175
1,000
1,000
1,000
1857
1870
392
392
130
83
Memphis A Clarksville br., 1st mort., sterling
1875.
500,000
4,500,000
1,500,000
450,000
3 41,000
500,000
5,000,000
720,000
160,000
300,000
f
A J.
A O.
A O.
F. A A.
IJ. A J.
7
7
7 g.
10
433,000
1,000
500 Ac.
500 Ac.
50
100
Louisville A Nashville— Stock
Louisville loan, main stem (no mortgage)
Miles
Gross
400,000
100,000
50
65
175
175
605
610,000
8
3
2,850,000
921,000
1,000
175
Louisville, Cincinnati A Lexington—Stock
Preferred 0 per cent stock
Bonds to State Kentucky (perpetual loan)
Louisville loan (to Louisv. and FrankFt)
Louisville, Cincinnati A Lexington, 1st mort
3
200,000
300,000
Whom.
A N.
M.
J.
A.
A.
J.
A.
J.
M.
A.
4
pal, WhenDu«»
Payable, and by
Payable
rr
7
7
7
7
7
7
7
7
7
8
8
Where
When
7
00,000
810,000
18(58
1870
1873
1872
123
70
31
31
92
158
95
4
10
19
Rato per
Cent.
1,000,000
1,402,000
1,595,000
849,000
....
i‘23
Little Sch uylkill—Stock
3,000,000
....
..
11)
141
81
Lewisburg Centre A Spruce Creek— 1st mortgage...
Little Miami—Stock, common
:
1st mortgage
Street connection bds (.jointly with Cin.A Ind.RR.)
Little Rock A Fort Smith—Maw stock
1
1st M., ldgr’t (750,000 acs) s.fund (for $3,000,000)
Little Rock, Fine Bluff A N. O.—1st mortgage
$2,310,000
1,000
1,000
1,000
1865
1870
186!)
1870
1872
p.o. y’ly) coup. A rcg.
bonds, endorsed
\$ 1,000
500 Ac.
1863
1869
1869
1872
21
145
33
10
15
202
171
200
Amount
Outstanding
1,000
1,000
1,000
1,000
1867
1867
1868
22
17
|
or
Tables.
Bonds—Princi¬
INTEREST OR DIVIDENDS.
Par
Value.
500 Ac.
1876
1869
51
51
156
Franklin, 1 st mortgage
Size,
1857
1859
1867
.1869
1855
1866
1862
1866
1868
1)5
1)5
•258
162
162
88
88
88
'62
37
12
13
58
mortgage bonds
do
do
Date
of
Bonds
of
Road
Lake Shore A Michigan Southern—(Continued)—
2d mortgage, Michigan Southern.,
.. ....
2d mortgage (C., P. A A. RR.) registered bonds..
3d mortgage
do
:
Lake shore dividend bonds, April, 1800
1st mortgage (C. A Tol. RR.) sinking fund
2d mortgage
do
Buffalo A Erie,
xxi
RAILROAD STOCKS AND BONDS
April 28, 1877.]
do
do
J. A J.
Various N. Y\, M. K. J e s up, P. A C o.
do
A. A O.
do
A. A O.
A. A O.
New York.
M. A N. Manchester and Boston.
A. A O. Bost., Nat. B'lcCom’rce.
F. A A. Bost., N. Bk. Commerce
do
A. A O.
do
do
do
h A J.
Portland.
I. A J.
r. a
Bost., Nat. B’k ComTce.
j.|
Dec., 1901
Aug., 1902
April 2, 1877
Feb., 1877
1887
1879
1887 to 1900
1889
1879
Oct.,
1890
Nov.
1, 1876
April
i,
1912
1890 to 1891
Oct.,
July,
July,
July,
1900
1898
1901
1891
Louisville, New Albany A St. Louis Air-Line.—
from Louisville to St. Loui«c
To be sold ir. foreclosure.
16, 357, 453; V. 21, p. 86; V. 22, p. 3x8.)
This road is projected
and has 28 miles built.
(Y. 20, p.
Louisville A Nashville. - Annual report, for year
ending June 30, 1876, in V. 23, p. 376. Gross earn¬
ings of main stem, branches, and leased lines.
$4,961,490; net. $1,957,98 ).
General result was a
surplus of $207,092, after paying interest and all
charges. Nashville & Decatur is leased, and liabili¬
ties for the South A North Alabama are assumed.
(V. 20, p. 16; V. 22, p. 157; V. 23, p. 279, 376, 473;
V. 21, p. 111.)
10,1874.
Re-organized and stock issued for old bonds. The
new mortgage is for construction to Fort Smith.
(Y. 19, p. 583, 617, 639; V. 20, p. 62; Y. 21, p. 418.)
road at
Little Rock, Pine Bluff A ATew Orleans.—Sold in
foreclosure Dec. 16, 1875, for $35,000.
V. 21, p.
Georgia Railroad, which guarantees all the bonds
except $100,080 of first mortgage. Gross earnings,
1875-b, $108, .90; net, $1:,836. (V. 21, p. 1570
Little llockA Fort Smith.—Foreclosed Dec.
53.3, 013.
Schuylkill. —Leased and operated by Phila¬
Little
delphia A Reading.
Dividends, 7 per cent.
Logansport, CrawfordsvUle A. S. TF. of Ind.—De¬
of sale made.
The total liabilities. September
1875. reported at $4,097,000, of which $322,000 were
receiver’s certificates. (Y. 21, p. 302, 613; V. 22, p.
cree
63; V. 23, p. 428.)
Long Island.—Gross earnings,
1874-5, $828,839;
In January, 1876. a sale of stock was
made to Mr. Poppenhusen, and this road has since
leased the Flushing No.Shore A Central, and the So.
of L. I and all art; operated together.
(V, 22, p
135, 158, 375, 417; V. 23, p. 112.)
net, $213,503.
,
Louisville, Cin. A Lex.—There are also $60,030
old
bonds and $374,000 8 per ct. mortg. bonds of 1872
due 1902, and $1,582,500 7 per ct. mortg. bonds of
ls73 due 1903. The company defaulted on interest
1873-4. Sale in foreclosure noticed for Dec. 4, 1876,
was postponed.
(V. 22, p. 181, 352; Y. 23, p.10, 63,
1.35, 329, 576, 599; Y. 24, p. 170.)
Lykens Valley.— Leased to Summit Branch Rail¬
$6.2,500 per annum.
Macon A
Augusta.—Leased and operated by the
Macon A Bruhswick. —This road was sold June 2,
1875, and bought for the State: offered again for
sale or lease January, 18:6, and again Jan., ’77.
See
proposal, V. 24, p. 131. The Georgia Legislature
declared fraudulent $600,000 or the endorsed bonds
issued in 1370. (V. 22, p. 3 of advertisements; V.
24, p. 111.)
Madison A Portgage.—Consolidated as Chicago
A Superior. No bonds could be negotiated Jf£itr
the “Potter law.” (Y. 21 p. 15.)
Manchester A Lawrence.—Formerly operated with
Concord Railroad as one line. Net earnings
1875-6, $100,GS6. (V. 22, p. 588.)
tflie
Maine Central.—The Maine Central leases several
The report of
tl>e year’s operations,
roads.
ending
December 31, 1876, bad the following:
earnings for the year 1816 have been
The total
$1,731,933; operating expenses, $1/42,081: net
earnings, $6s9,&51—sufficient to pay all operating
RAILROAD STOCKS AND
Subscribers will confer a great favor by
notes
Mainc Central— (Con tinned)—
Portland A Kennebec, 1st mort., extended
do
consolidated mortgage
do
Belfast A Moosehead, 1st mortgage
1863
1865
1870
1871
1860
3 870
72
j
i
....
j
ul)
00
Mansfield, Cold water if L. J/.—1st mortgage
Mansfield <0 Framingham—1st mortgage
Marietta, Piltsb. if Cleveland— 1st M., $14,000 p. m.
Marir.tta rf: Cincinnati—Stock, common
Stock, 1st preferred
do
2d *
do
1st mortgage, dollar
1st mortgage, sterling
2d mortgaire.
3d mortgage
4th mortgage for $1,000,000
Scioto A Hoekiiiff Valley RR., 1st mortgage
Balt. Short Line, stock, 8 p. c. guar by M. A
do
do
1st mort., guar, by M. AC
o*>
100
iiT (J
....
$100
$217,300
100
500 Ac
1,166,700
150,000
1,600,000
300,000
....
....
I
1,000
1,500,000
50
50
8.130,719
Marquette, 11.& O—1st mort., I’d gr., M. A O., coup.
1st mort., I’d gr., II. A O., coup
2d mort., land grant, M.. II. A O., coup
3d mort.,
do
do
do
Maryland if: Delaware—1st mortgage
2d mortgage
Memphis if Charleston—stock
1860
50
1872
1871
1872
1873
44
04
100
54
54
201
Tenucsse loan
1st mortgage, convertible
2d mortgage
201
131
Consolidated mortgage
Memphis if Little Bock—1st mort., 1. gr
1,000
1,000
1,000
1.000
1,000
706,000
850,000
25
5,312,725
1,671,913
1,293,000
Michigan Air Line 1st mort., assumed by M. C
Equipment bonds
1869
94
94
.
1872
1872
1865
1868
1870
1871
1869
1869
1870
1875
116
116
236
57
57
126
147
140
32
35
100
..
Mississippi, Ouachita <f lied liicer—1st m., gold
182
1st m., gold, sink, fund, on road and land (IJ. P.S.Br)
1st mortgage, gold (Tebo. A Neosho)
Consolidated mortgage, gold, on road and land...
100
786
70
70
009
Hannibal A Central Missouri, 1st mortgage
do
do
2d mortgage
Mi-^o u ri. Par i, fic —8 ? n< * If
1st mortgage, gold
annum)..
Caromlelet Branch, 1st mortgage
Missouri It., Fort Scott & Gulf— 1st in. 1. gr. s. f
2d mortgage, coupon, may be registered
Mobile d- Girard—2d mort., end. by Cent. Ga. RR..
1868
1870
1856
1866
expenses, interest, coupons and rents, and leave a
small balance. Tin* report of the Treasurer ex¬
hibits the following general result, viz.:
ter
>
Railroad stock
$1,726,497
5,U5
300
......
$1,731,933
' 1,542,' 81
Total income
Deduct working expenses.
$639,851
Deduct for interest A dividends.
Deduct for rents of leased lines.
Balance to credit of profit and
$517.3U
54,000-
loss acet.
•
651,304
$33,4SG
There are also carried to the credit of profit and
loss account
for discount of scrip and
stork exchanged, le?s the aiscouut on M. O. consols
sold. There has been a decrease of $62,"35 in the
outstanding liabilities of the company during the
last fiscal year. (Vol. 20, p. 313, 356; V. 22, p.
1868
1870
1871-3
1870
1,000,000
500,000
491,200
424,000
1,906,000
1,315,000
•
j
1,000
1,000
154,000
7
8
8
8
10
6
6
1,000
2,001,000
1,000
1,100,000
50 Ac.
1,000
2,134,000
1
j
212
8
8
8
8
8
8
100
1871
1,000
ls72 I 500 Ac. 1
j
1
....
1
1,000
.
i i ,000
1 4,000
{ 500 Ac
‘
100
I
1,000
;
|
7,000,000
2,650,000
800,000
700,000
4,000,000
500,000
5,000,000
6
7
7
7
7
1
Pittsburgh <ft
consol,
mortgage bonds. >2,850,009, 7s,
Dec., 1903.
24, p. 370.)
are
also
gold, due
Decree of foreclosure rendered.
(V.
Marietta tfc Cincinnati.—Gross earnings for the
year 1876 were $1,* 37,052; expenses, $1 291,870; mu
earnings, $3-15,181, against $371,424 net earnings in
1873. This road forms a part of the through route,
and is operated in close connection with the Balti¬
& Ohio Railroad, which has made large ad¬
vances fo* recent construction on the “Short Line/’
more
y. 22, p. 208; V. 24. p. 224 )
.
.
.
Doe.
1,
1904
A .T. New York and Boston.
A O.
Boston Office.
Oct. 1,1882
A O.
Jail. 1, 1913
GC
.1.
<10
do
J.
do
S.
do
J.
do
N.
N. New York and
J- N. Y., Farm. L.
do
A S.
do
A N.
A
A
A
A
A
A
A
A
A
Jan.,
1890
April 1,1883
Nov. 1, 1890
Nov. 1, 1890
do
do
do
do
do
Boston.
July 1, 1886
July 1,1879
Jan., 1877
May 1,1902-3
1902
July 1,1885
March 1, 1878
May lj 1890
Sept. 1,1891
A T. Co.
do
do
do
do
S.
1889
J. N. Y., Winslow, L. A Co.
A.
N. Y., Turner Bros.
D. N.Y., Mereli. Exc. N.Bk.
I). N. Y., S. S. Sands A Co.
J. Philadelphia, P. A R. Co.
J. Detroit, 1st Nat. Bank.
J.
O.
Memphis, Office.
do
J.
Aug., 1899
Dec., 1901
Juno 1,1895
Jan., 1877
Jan. 1, 1890
1890
April 1,1876
Sept. 1>’81 to*93
.
g.
g.
g.
g.
J. A J.
J. A D.
Various
M. A N.
M. A N.
i.873
Oct, 1,1882
May 3,1902
Jan. 1,1890
do
A
A
A
&
A
A
J.
F.
J.
J.
J.
J.
J.
A.
J.
....
May 1, 1890
,.X.
*\
■
•
-
Jan., 1899
^
New’ York,
June, 3 903
1904-1906
Inquire
Company’s
Office,-j
7 Nassau street.
May, 1890
N. Y., B’k Commerce.
ib)
do
do
do
St. Louis.
New' York.
N. Y., B’k Commerce.
Aug., 1888
July, 1891
May 1, 1892
Feb., 1885
....
<» g-
7
8
i
'
7
7
6 g.
10
10
8
1,947,000
300,000
2,794,800
F. A A.
J. A J.
M. A N.
mont’ly
A
A
A
A
A
M.
A.
J.
A.
J.
N.
O.
J.
O.
J.
1
Oct. 1, 1893
Jan. 1, 1899
Boston, Co.’s oflice.
April 15.1890
Jan., 1889
do
do
N.
Y., Nat. City Bank.
....
Marquette, Houghton eft Ontondgon.—This is a con¬
Milwaukee, Lake Shore & Western.—Sold in
fore¬
10, 1875. Interest paid on
(V. 21, p. 277, 591.)
solidation of Marquette & Ontonagon and Hough¬
ton & Ontonagon.
Lands amount to 425,000 acres,
closure for $2,509,788, Dec.
first mortgage June, 1876.
chiefly timber and mineral.
Mine Hill & Schuylkill naren.—Leased to Phila¬
delphia & Reading, May 1861, for 999 years; S per
Stock, $2,306,600.
Maryland <6 Delaware.—This line was leased by
the New Jersey Southern, to form part of the
through route. Lately, decree of foreclosure was
made. (V. 20, p. 242; V. 22. p. 567, 615.)
Memphis eft Charleston—This road was
leased to
the Southern Railway Security Co., but in 1874 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee, Virginia & Georgia road, was
elected President of the .Memphis A Charleston,
with a new board of directors. Net earnings, 1 75-6,
$321,230. Abstract of latest report, V 23, p. 304.
Memphis eft Little Bock.—Decree of foreclosure
made, and sale noticed for April 27, 1817. (V. 21, p.
15; V. 22, p. 471; V. 24, p. 16,170.)
Michigan Central.—The annual report, to May 31,
D76, showed gross earnings on main line and
branches of $6,850,964, and net earnings, $2,043,06'.
3*4-1.)
| For six months to Dec. 1, 1876, net income, $307,941.
Net floating debt, May 31, 1876. $728,510; Dec. 1,
Mansfield, Cold water ift L.
Leased by Penn.
! 167*\ $342,159.
The Jackson Lansing A Saginaw
Company for net earnings. In hands of mortgage debt is assumed by Michigan Central, which also
trustees.
(V. 29, p. 426; V. 22, p. 42.)
| pays $70,003 per year on the stock, one-third of
Mansfield <ft Framingham.—Leased to Boston, i wdrch it owns.
Interest was passed on the
Clinton & Fit; hbirrg, at 25 per cent ol gross earn¬ Detroit A Day City bonds, not guaranteed, Nov.,
ings. Consolidation made June, 1875. (V. 20, p. 615.) 1975. (V. 21. p. 15, B09; V. 23, p. 41; V. 23, p. 16,
133, 403, 451, 499; V. 24, p. 16.)
Ma'Mtta,
Clew-land.—There
350 ; V. 21, p.
.
May 1, 1896
July,. 1876
Co.
J.
M.
J.
M.
M.
J.
M.
M.
3*2
14,758,000
1,000
Aug. 1, 1891
May 1, 1896
July 1, 1890
May 1, 1880
Jan. 1, 1885
N. N. Y.. Fann. L. A T. Co.
J.
do
do
N.
do
do
O.
do
do
N.
do
do
10
3 19,000
768,000
250,000
800,000
Aug? 1', 1891
Co.
M. A
7
8
6
2,856,000
Sept., 1806
Sept., I860
Bank.
N. N. Y., R. T. Wilson A
do
do
J.
do
do
J.
N. N. Y., Swenson, P. A
A
A
A
A
A
8
7 g
8
7
7 *cr
1,000
283
186 |1
8
8
8
8
500,000
j 21,405,000
is 68
J.
A.
A.
M.
J.
M.
A.
M.
600,000
100
1,000
4s.
J. N.Y., 3d National
A
A
A
A
A
M.
J.
J.
M.
7
8
•8
8
1,254,500
316,774
3,000
1,000
J.
8
500,000
3,969,600
320,000
1,000
1,000
6 '
7
7
7
8
8
783,000
283
200 ! 1876
15V ! 1873
Hit ! 1869
161 ! 1870
1869
85
Monty.—Stock, (Authorized $3,022,517.). );
Keceip's from lents and wharfage
Receipts from dividends Newport As Dex
1,000
1,000
Oct., 1911
July 1, 1880
Aug. 1, 1895
Nov,, 1876
Jail. 1, 1900
June 1, 1892
July 1, 1891
Aug. 1,1892
M.
Sept. 1, 1903
Nov. 1, 1885
M. A N. Bost., Ilk. of Commerce.
Dee. 1, 1889
do '
do
J. A D.
4
880,000
..
Traffic receipts
70,000
50
Consolidated bonds
Mobile if
1,000
c-1,000
Tennessee State loan
2d mortgage (sinking fund $50,000 per
Real estate (depot) bonds
Debt to St. Louis*County (no bonds)
3d mortgage
600,000
640,000
100
Midland Pacific—1st mortgage, gold
Milwaukee d- Northern— 1st mortgage
Missouri, Kansas d: Texas—stock
Preferred sleek (for $7,000,000)
1,000
1,000
1870
1870
1866
1869
1, 1895
May 15, 1890
....
M.
J.
J.
M.
J.
J.
J.
F.
7
4
7
1,900,000
200,000
1,000
30
1
1st mort. (N. of Win.), eonv. [ - k’S
Cons. m. on whole line (300m.) J ® 2 t
Michigan Lake Shore—1st mortgage
Milwaukee, Lake Shored: Western—1st m.,gold.
Mine Hill if Schuylkill Haven—stock
Mineral Point ( Wis.)—1st mortgage
103
10
Oct.
A
.
8,000,000
*
2d mort., conv.
do
do
do
1872
39
)
Jackson, Lansing A Saginaw 1st mort
284
1874
Kalamazoo A South Haven, 1st mort., guar
do ‘
do
2d mort,, guar
Grand River Valley, 1st mort., guar. 5
do
do
2d mort., guar
do
do
stock, guar
Detroit A Bay City 1st mortgage, endorsed.
do
do
mortgage (not guar M.C.)
•
18,738,204
2,179,000
556,000
1,000
1,000
3 ,000
1,000
284
mortgage, convertible
7 g.
7
a
1,000,000
1,158,000
1,300,000
1,000,000
1873
1860
560
284
Consolidated mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)..’
S.
A 8.
A A. Balt., R. Garret A Sons.
London.
A A.
A N. Balt., R. Garret A Sons.
do
do
A J.
do
do
do
A N.
do
do
do
A J.
A D. Balt., Merck. Nat. Bank
do
do
A N.
do
A J.
do
A D. N. Y., Company’s office.
do
do
A J.
A A.
do
do
A S.
do
do
4
150,000
2d mortgage
Michigan Central—stock
1st mortgage, convertible, sinking fund
M.
M.
F.
F.
M.
J.
rr
300,000
1,125,000 i
750,000 1
1.200,000
500,000
1,910,000
2,000,000
840,000
i oo
30
5 h>
A
A
A
A
A
A
3 s.
3 s.
April 1, 1883
0.
Portland, Me.
O. Bost., Nat. B’k Com’rcer
Belfast and Boston.
N.
O.
J. Boston, Host. Nat.Bank.
A. N. Y., Winslow, L. A Co.
A.
A.
M.
A.
J.
F.
2,001,000
,
<’...
7
7
7 g.
1,050,000
2,500,000
3,000,000
....
....
6 g.
4,460,368
2,450,000
-
....
6
6
1,408,912
50
Cincinnati A Baltimore RIt., stock
do
1st mortgage
do
1st
discovered in these Tables.
Bonds—Princi¬
INTEREST OR DIVIDENDS.
pal, when due,
Miles Date Size, or
Amount
Rate perl When Where Payable, and by
Par
Stocks—Last
of
of
Whom.
Dividend.
Cent.
Payable
Road. Bonds Value. Outstanding
DESCRIPTION.
For explanation of column headings, Ac., see
at the head of tirst page of tables.
[April 28, 1877.
BONDS
giving immediate notice of auy error
|
xxu
Michigan Lake Shore.—Defaulted 1872. and
hands. (V. 18, p. 218, 501; V. 21,
receiver’s
in
p.
110.)
Midland Pacific.—This wra.s one of the roads repre¬
sented by Messrs. Turner Bros, in New York, of
which Benj. E. Smith was president. Default in in¬
terest. wras made in February and August, 1875.
Mi’waukee <ft Northern.—Two coupons were paid
in stock, but cash payment was resumed in July,
1876. It is leased to Wisconsin Central.
(V. 22,
p.
233.)
cent dividends
on
stock.
Mineral Point.—'Total receipts 18 *3,
penses
and interest, $130,6.4
;
$128,121; ex¬
cost of road, Ac.,
$1,200,000.
Mississippi, Ouachva <ft Bed Liver.—Land grant
257.000 acres. Sold in foreclosure, Dec. 16, 1875,
for $25 0C0.
(V. 2), p. 405; V. 21, p. 533, 6*3.)
Mississippi (ft Tennessee.—Stock, $825,400. Net
earnings 1875-6, $241,798. V. 22, p. 181; V. 23, p.
621.
Missouri, Kansas <ft Texas.—The latest plan
of
with bondholders was given in the:
Chronicle. V. 22, p 305.
Receiver was appointed,
December. 1874. Land grant is about 4,565,142 acres,.
Annual report for 1875 in the Chronicle, V. 22, p.
542.
(V. 21, p. 87. 186. 207. 253. 395: V. 22, p. Ill,
settlement
158, 305, 303, 416, 447, 471, 495, 521, 542, 590;
p.
V. 23,
90, 183, 647.)
Missouri Pacific.—This
is the condition of the
company as reorganized after the sale of the road
under 3d mortgage, Sept. 6, 1876, for $3,000,000.
Litigation is still pending, as stockholders of old
company have brought suit to annul the sale.
(V. 23. p. 16, 86, 208, 256, *79, 304, 830, 354, 428, 451,
525, 576; V. 21, p. 16, 64, 112, 135.)
Biver, Fort Scott & Gulf.—The stock is
Interest parsed Oct, ls73, on 2d, and
Jan., ’74. on 1st m’tgs. Net income of 1875, $243,616.
(V. 20, p. 403 ;V. 21, p. 15; V. 22, p. 470, 495.)
Missouri
$5,950,000.
Mobile <ft Girard—The Central RR.
endorses these bonds. (V. 23. p. 549.)
of Georg'a
No¬
Mobile & Montgomery.—Sold in foreclosure.
vember. '1374, and stock issued to old bondholders.
Old mort. debt yet out. $275,000.
Annual report,
V. 24. p. 180.
(V. 22.
p.
280.)
April 82,
Subscribers
will confer a great favor by giving Immediate
explanation of column headings, Ac., see
at tlie bead of first page of tables.
Mobile d
Ohio—Stock
notes
•
-
.
....
¥
suits., 1st mortgage, sterling.
Special mortgage (Mississippi, Gainesville
2d mortgage
Size,
($700,000)
(issued for old firsts)
Montgomery d Eufaula—1 mort., end. by
1st mortgage, not endorsed
Monticello d Port Jervis—1st mortgage
Morris d Essex—stock
1st mortgage, sinking .fund
2d mort.
.'.
Alabama.
-
Convertible bonds
Construction bonds
Gen. m. A 1st on Boouton Br. Ac. (guar. D.L.&W.)
Consol, mort, (for $25,000,000) guar. D. L. & W..
Special real estate mortgage
Nashville, Chattanooga d St. Louis—stock
Bonds to U. S. government, 2d mort
..
1874
1875
.
10
80
80
23
137
84
84
34
137
mile)
Decatur—1st mort. guar. byL.&N
mortgage
Nashua d Lowell—Stock.
Bonds for freight depot
$100
$5,320,000
£225
100 Ac.
£100Ac
977,550
5,043,000
1,517,300
769,920
8
6 g.
1,000
1,668,000
7 g.
100 Ac.
1,451,207
1,000
(?)
100 Ac.
100 Ac.
200,000
1,800,000
1,040,000
330,000
500,000
15,000,000
5,000,000
3,000,000
281,000
573,000
4,991,000
4,321,000
1,025,000
6,575,295
1,000,000
1,000
1,000
1,000
25
1871
1873
1870
1807
1,000
500
100
1873
Newark, Somerset d Straitsv., O— 1st mortgage
Newcastle d Beaver Valley—Stock
New Haven d Derby—1st mortgage
New Haven d Northamp. (canal lilt.)— Stock
13
100
02
Holyoke A Westfield lilt
N. J. Midland—1st mort., g’ld, guar, by N.Y. A O
(for $1,500,000;
50
10
80
80
37
78
327
Consolidated mortgage, for $7,000,000
New Jersey West Line-1st mortgage, gold
O.)
...
G. N.)
equipment mortgage
2d mortgage scrip
N. Y., Boston d Montreal—1st mortgage, gold
N. Y. d Canada—1st M., sterling, guar. D.A II. Can.
New York Central d Hudson River—Stock
140
200
200
237
237
1865
3,000,000
1,500,000
1,000
1,000
2,120,000
i’o'o
1872
1871
1850
1800
100 Ac.
500 Ac.
1,000
1,000
1,000
2d mortgage,
New mort;
jage|
Sinking fund
N. Y. Housalonic d Northern—1st
N. Y. Kingsl. d Syra— 1st m., g’d
tered.
'
1,000
1,000
50
50
132
mortgage
00
150
($1,000,000)
of
Montgomery A Eufaula.—Interest has been in de¬
fault since January, 1873. It is one of the State aid
roads. (V. 21, p. 489; V. 23, p. 183.)
Monticello A Port Jervis.—Defaulted in 1873. Sold
July 7, 1875. (Y. 20. p. 35*, 383; V. 21, p. 39, 592.)
Morris A Essex.—Leased in perpetuity to the
The lessees
7 per cent on stock.
Report for 1876, V. 24,.p. 32«». ( V .22, p. 399.)
all liabilities and pay
1873
1873
132
■ending Aug. 1, 1876. $1,981,509; net, $170,608. (V.
22, p. l.V, 875, 4s7. 513, 520, 568; V. 23, p. 112, 188,
451, 519; V. 24, p. 136, 151, 198, 227, 219.)
Delaware, Lackawanna & Western.
840
840
1,000
1,000
387,500
4,000,000
2,941,000
1,500,000
6,250^000
4,000,000
89,428,300
6,632,900
74,500
592,000
1,000
1872
1801
1872
500 Ac.
500 Ac
107,701
1,500.000
1872
1,000
2,500,000
New York.
Dec. 1,
Nov. 1,
1874.-5
i
J.
J.
J.
A.
M.
A
A
A
A
A
1883
1901
1877-1882
Jan. 1, 1904
i, i’88G
March
June 1,1900
1890
Jan. 2, 1877
1914
1891
1900
1889
Oct., 1901
June
1,1915
....
April 2, 1877
Nashville.
IN. Y., V. K. Stevenson.
1881 and ’91
J. I
J. IN. Y., V. K. Stevenson.
J. N. Y., Drcjxcl, M. A Co.
O. Nashville, Co.’s Office.
N.
Boston A Nashua.
J. A .T.
M. A N.
July 1, 1913
July 1, 1900
Oct., 1887
Nov. 13, 1876
1893
Jan. 10, 1877
Nov. 1, 1889
Bridgeport, Conn.
Union Trust Co.
N. Y.,
Apr., 1877
Newcastle, Penn.
Q.-J.
Various N. Haven, E.S. Scranton
■
New Haven. J
1898 to 1900
Oct., 1874
..
Jan., 1899
J. A J.
A. A O.
do
do
do
F. A A.
F. A A.
N. Y., Co.’s Office.
do
do
New York and London.
N. Y., Co.’s Office.
do
do
do
do
do
do
!M. A S.
M. A N.
1883
1883
1876 and ’83
A. A 0. New York A
A. A O.
;
7 g.
6 g.
2
F. A A.
M. A N.
6
6
6
6
6
M.
M.
M.
M.
J.
J.
J.
7
7
6 g.
Q.-J.
J.
A
A
A
A
A
A
A
A
N.
N.
N.
N.
D.
I).
April ’80 A ’82
1891
1895
1881
March 1, 1893
Nov. 1, 1889
'
7
7 g.
7 g
.
1884
Ofiice.
London, Baring Bros.
N.Y., Or. Central Depot.
New York, Co.’s
do
do
do
(lo
do
do
do
do
N.Y,, Grand Cm. Depot.
do
do
do
do
J.
J.
2 ex. J. A J.
2 ex. 1. A J.
M. A N.
7
London.
N.Y., Gr.Central Depot.
do
do
do
do
do
do
J. A J.
A. A O.i N. Y., St. Nieh. Nat.
New York.
J. A
-
B’k.
Aug. 1, 1874
May 1,1889
May 1,1904
Apr. 16, 1877
May 1,1883
May 1,1883
May 1,188s
May 1,1883
Dec. 15, 1887
June, 1885
Jan. 1, 1903
Jan. 1, 1903
Apr. 2, 1877
Apr. 2, 1877
May, 1900
Jan. 1, 1881
Oct., 1902
July 1, 1902
J.j
The old bonds are about $300,000. 7 p. j elation of several roads from New; York to Rutland.
due May, 1890. Receiver appointed Aug., 1876. I! Company defaulted in 1874 and now in hands
receiver; foreclosure pending. (V. 20, p. 336, 858,
Plan of re-organization, V. 21. p. 299, 321. (V. 23,
383,405; V. 21, p.16, 349; V. 22, p. 417, 471, 545, 568,
p. 256; V. 24, p. 136, 158, 249. 299, 3il.)
615; V. 23. p. 160.)
New Jersy Midland.— Defaulted after the panic of
Neiv York A Canada. -The bonds are guaranteed
1873 and funded coupons. The company, having
by the Delaware & Hudson Canal Co. Road opened
exhausted its capital and credit in construction,
through Oct.. 1875. (V. 21, p. 207; V. 24, r. 180.)
leased to the New York Midland for 7 per cent on
New York Central (ft Hudson River.—The consoli¬
its cost ; it had at the time a floating debt of about
dation of N.Y. Central with Hudson Iiivei was made
$400,00). After the panic of 1873 the road came Nov.
1, 1869. The scrip dividend on N. Y. Central of
back without sufficient rolling stock and without
Extension.
c.,
of
80 per cent was made in Dec., 1863. On consolida¬
pay interest. The bondholders funded
another 27 per cent was distiibuted on Central
but default was again made. (V. 21, p. 39, I tion,
stock and 85 per cent or Hudson. The mortgage
64, 86, *30, 348, 395, 442, 466, 48!); V. 22. p. 87. 135,
i loan for $40,900,000 was to retire prior debt, and the
582. 614; V. 23, p. 329, 525: V. 24, p. 158, 321. 370.)
means
to
coupons,
New Jersey Southern.—This was a consolidation o>f
Nashville, Chattanooga & St. Louis.—Gross earn¬ several roads. Net earnings, 1875, $109,276. Interest
ings of 1875-6, $1,751,599; expenses and taxes, in default since October, Ib73. Plan of re-organiza¬
$1,023,423; net earnings, $728,176.
Net earning?, tion, V. 21, p. 466. Foreclosure Mav 15. (V. 21, p.
July-Dee., 1876, $309 019, again-t $330,137 in 1875. 466, 489; V. 22, p. 422; V. 24. p. 347.)
The debt to Lb S. and bonds eudor-ed by Tenn. arc
New Jersey West Line.—In foreclosure.
(V. 19,
secured by deposit of 1st mortgage bonds.
(V. 22, p. 640; V. 20, p. 383; Y. 22, p 35 J. 400.)'
New London Northern —1Operated under lease till
p. 199, 181, 303. 400, 437; V. 23, p. 86, 18 1; V. 24.
1891 by Vermont Central for $150,000 a year, in¬
1>- 321.)
Nashville & Decatur.— Leased May 4, 1871, to Lou¬ come of Co., in lb75-5, $169,62>\ (V. 21, p. 590; Y.
isville & Nashville Company for thirty years.
23, p. 509.)
New Orleans, Mobile A Texas.—The Western Di¬
Nashua & Lowell.—Net earnings in 1874-5, $56,45-1.
vision of this road was sold Nov. 18, 1874. Interest
(V. 21, p. 590.)
Naugatuck.— Net earnings 1875-6, $206,081. (V. in default since 1872. (V. 21. p. 231. 535; V. 22, p.
213, 352, 568; V. 23. p. 379; Y. 24, p. 370.)
21,p. till; V. 23, p. G22.)
New Orleans, St. Louis A Chicago.—Gross earnings
Newark, Somerset <fe Straitsvids.—lxasod to San¬
dusky, Mansfield & Newark. Guaranteed by Balti¬ year ending June 30.1875, $3,184,320; net, $1,363,943.
See annual report, V. 22, p. 156. Operated as a con¬
more & Ohio.
Ill. Central buys up
New Castle & Beaver Volley.—Leased to Pitts¬ necting line with Ill. Cent.
burgh, Fort Wayne & Chicago, and lease transferred $200,000 per year of consol, mortgage bonds of 1873.
to Penn. Company.
Net earnings, 1875, $219,534. The Miss. Cent. 1st mort. bonds, due Nov., 1874, were
not all paid, and Jan., 1876, there was default in
(V. 20, p.425.)
New Haven & Derby—Net earnings 1373-1, $24,332. payment of interest.
Receiver appointed March,
New Haven city guarantees $225,00) of the bonds.
1876, and Jackson road was sold March 18, 1877, for
New Haven A Northampton.—Gross earnings, $1,050,000. in foreclosure of consol, mortgage by
1875-6, $570,397; operating expenses, $360,967; net Illinois Central Railroad. Mis-*. Central to be sold
April £6. (V. 22, p. 63, 111, 156, 281.328; V. 23.
■earnings, $204,429. (V. 21, p. 599.)
New Jersey A New York.—This was a consolida¬ p. 16. 160. 622; V. 24. p. 40, 158. 204, 275.)
tion of the Hackensack & N. York and Hackensack
New York, Boston A Montreal—Proposed consoli-
Q-M.
M. A N. New York and London.
Mobile.
M. A N.
London.
M. A N.
J. A J.iNew York and London.
Mobile.
M. A N.
1881
M. A S.
7
April 1, 1903
A. A O.
7
May 1, 1900
7 g. M. A N.
New London, Office.
* Apr.
1, 1877
l'h
Q.-J.
Sept., 1885
A. A O. N. Y., B’k of N. America
6
dH»
do
J. A 1).
July, 1892
7
8 or 7 g. J. A J. New York, Co.’s Ofiice. Jan. 1, 1915
July 1, 1886
1 J. A J. N. Y., J. B. Alexander.
■8
Oct. 1,1890
do
do
A. A ().
8
Nov. ’74, '79 84
N. Y., J. L. King.
M. A N.
7
{
1886
do
do
F. A A.
8
1886
do
do
J. A J.
7
300,000
7,500J)00
1,550,000
10,500,000
Whom.
6
'
1,000,000
5,300,000
3,000,000
1,500,000
162,000
2,391,000
1,794,000
18,165,000
9,733,333
(Payable
7
1,500,000
1,730,000
Mobile A Ohio.—Defaulted March, 1875.
Plan of
adjustment; see V. 23, p. 451. Gross earnings year
assume
1854
$12,000,000)
Montclair A Greenwood Lake.—lie-organization
old Montclair road .sold in foreclosure.
1,000
£100Ac
100
500 Ac.
500 Ac.
1,000
■
N. Y. City Elevated.—Stock... .1
1st mortgage
New York d llarlem—Common stock
Preferred stock
Consol, mort., coup, or reg. (for
1809
1874
1853
&...
£2,000,000 5
120,000
997,000
1854
1853
sinking fund (Hudson liiver)
...
$80,000,000 ( coupon or regis-
916,000
1,997,000
842
do
do
Renewal bonds
•
350
do
Bonds railroad stock
Bonds real estate
7 o*
7
7 g.
1,279,000
5,000,000
395,115
(N. Y. Central
Bonds, B. & N. F. stockholders
7 g.
2n>
7
3
7
6
7
605,000
100 Ac.
100 Ac.
1,000
2
6 g.
5
2,000,000
800,000
200,000
1871
1873
1870
4
206,000
800,000
200,000
1,000
100 Ac.
7
1l2
7
7
6 g.
1870
1870
1871
1873
1869
100
Stocks—Last
Dividend.
When (Where Payable, and by
do
March
J. A J. New York or London.
V. A A. New York, Co.’s Office.
7
do
do
M. A S.
7
8 g. !m. A s. N. Y., G. Opdyke A Co.
do
do
J. A D.
8
7 g.
Q-J. N. Y., Union Trust Co.
J. A J. N. Y.. Del.. Lack A W.
3*3
M. A N.
(lo
do
7
do
do
F. A A.
7
do
J. A J.
do
7
do
do
F. A A.
7
do
do
A. A O.
/
do
do
7
J. A D.
4,700,000
1,900,000
1,000
1,000
Income and
Premium bonds
jjuiius—Jtuuuci
pal, When Due.
8
6
1869
i’oo
100
lOO
8
1,100,000
525,000
2,460,000
1,294,000
885,000
68A70 500 Ac.
7*2
New London Northern—Stock.
1st mortgage bonds
2d mortgage
N. ()., Mob. d Tex— 1st mortgage (Mob. to N.
New Orleans, St. L. d Chic.—1st M. (N. O. J.A
2d mortgage, (N. O. J. A G. N.)
1st mortgage, (Mississippi Central)
2d mortgage,
do
Tennessee State Loan do
i'oo
500 Ac.
15
Mortgage bonds, coupon
Bonds convertible, tax free, coupon
2d mortgage, currency
New Jersey d New York—1st mort.
N. J. Southern—1st mortgage
1st mortgage (Toms’ liiver br.)
2d mortgage bonds
1869
8
6 g.
53,000
345
57
42
Naugatuck—Stock
Rate per
Cent.
1,000
50
250
1804
500 Ac.
1800
vari’us
1,000
1871
1,000
1871
1,000
1875
1,000
132
132
14
Amount
Outstanding
1807
1870
1870
.
Bonds endorsed by Tenn
New 1st mort. ($20,000 per
or
Par
Value.
1871
1871
21
A Tex.)
Consolidated mortgage, gold (for $15,000,000)...
Monkiair d O. Lake.—1st mort, new
2d
-
....
Tennessee
Nashville d
1873
1853
bonds.
Interest bonds./.
Interest bonds, sterling...
2d mortgage
Miles Date
of
of
Road. Bonds
510
-
Convertible 8 per cent
1st mortgage, sterling
Tables.
notice of any error discovered in these
INTEREST OR DIVIDENDS.
DESCRIPTION.
For
Xxiii
STOCKS AND BONDS
RAILROAD
1877.]
j balance for third and fourth track, Ac.
the
In 1875-6
Company lost nearly $1.00),000 on gross receipts,
and saved $1,603,887 on cost of maintaining road
and machinery, as compared with 1874-5.
The
Harlem Railroad was leased April, 1873. The fol¬
lowing is
a
comparison for five years:
Gross
Net
Cost of road
and
Funded
Receipts. Receipts.
Debt.
1875-6. $28,046,588 $11,922,417 $40,491,273
£9,027,218 11.765,111 40,003,667
1873-4. 31,690,886 13,262,089 33,484,742
1372 3.
29,126,851 11,484.863 27,725.533
1871-225,590,675
9,134.239 16,496,020
(V. 22, p. 41,591; V. 23, p. 329. 5 9 8.)
equipm’t.
$97,822,811
96,355,774
92,506,503
73,014,954
63,299,924
N. Y. City Elevated.—Securities admitted
Y. Stock Board Jan., 1S77. (V. 24, p. 41.)
New York A Harlem.—Gross earnings
to N.
1873-4,
$2,856,525: operating expenses, $1,719,384; net
earnings, $1,137,141. Leased to New York Central
at 8 percent per annum (payable J. & J.) on stodk,
and interest on bonds. The Fourth avenue horserailroad and real estate was retained. The extra
dividend April, 1877. was from profits of city line.
New York, Housatonic A Northern.—Forecloswe
pending. (V. 21. p. 849; V. 23, p. 549.)
New Yat'k, King- ton A Syracuse. —Includes old
Rondout & Oswego.
Sold in foreclosure May
1875, for $750,000.
(V. SI, p. 160.) v
RAILROAD
xxiv
Subscribers will confer
a
great favor by
DESCRIPTION.
STOCKS AND
giving Immediate
Miles
Date
For explanation of column headings, Ac., see notes
of
of
at the head of lirst page of tables.
Road. Bonds.
N. Y. A New England (Bost., Hartf. A Erie)—Stock.
1st
mortgages, old
1st mortgage, new
New York, New Haven, A Hartford—Stock
Harlem A Portckoster, 1st mortgage guaranteed.
N. Y. A Oswego Midland—1st mortgage, gold
8(5
131)
141
1804
1870
12*4
1873
1809
1870
1871
334
225
225
2d mortgage, convertible
2d mortgage, non-convertible
3d mortgage, equipment
1st mortgage, Western extension
Consolidated mortgage
'
($1,000,000 authorized)
02
223
223
223
102
102
Mortgage bonds
Northeastern (S. C.)—Stock, common
Pref. stock (8 per cent) exchangeable for 2d inort.
1st mortgage, new
102
102
58
50
50
2d mortgage, new
North Pennsylvania—Stock
1st mortgage
2d mortgage
General mortgage bonds
Northern Central—Stock
1st mortgage, State (Maryland) loan
2d mortgage, sinking fund, coupon
3d mortgage, sinking fund, coupon
Consolidated mortgage, gold, coupon
100 «fec.
....
....
....
100
1803
58-’00
1809
’07-’08
1,000
1,000
1,000
100
100
500
50
50
500
500
50
500 &c.
500 Ac.
-
1809
1809
....
do
Consol,
do
uo
registered
mortgage, gold, s. fund, coup. $ or £
2dgen’l M., “A”’ (exchanged for incomes of ’72).
313
138
138
138
138
138
138
Northern, N. II.—Stock
50
....
1855
1805
1808
1808
500 Ac.
500 Ac.
’74-’75
1,000
1,000
1,000
1870
1870
“B”
....
....
100
82^
21
21
Northern of New Jersey— Stock
1st mortgage
Northern Pacijlc—New
100
....
....
North Carolina—Stock, common
Preferred stock
do
1,000
....
(52
02
550
preferred stock
Norwich A Worcester—Stock
1st mortgage, State loan, sinking fund
2d mortgage...
New bonds, coupon
Ogdensburg A Lake Champlain—Stock
Preferred stock
00
00
0(5
122
122
Equipment bonds
....
....
100
100
1S75
•
Sinking fund bonds
Income and fundt^fcdebt bonds
1st consolidated inort. ($3,478,000 are s.
f.)
Consolidated mortgage, sterling
2d consolidated sinking fund mortgage
Debenture sinking fund bonds (for $1,000,000)...
Spring.. Div. (Sp.A Ill. SE.) 1st M. (for $3,000,000)
Oil Creek A Allegheny River— 1st mort.(W. A F.RR.)
1st mortgage (Oil Creek RR.)
1st mortgage (Un. A Titusville
New mortgage, (Pitts. T. A B.)
393
393
148
393'
393
393
228
50
38
RR.)
Funding income bonds (I*. T. A B.)
Old Colony—Stock
Bonds
Bonds
Bonds
Bonds
Bonds
Omaha A Northwestern—and grant
120
217
•
•
Amount
Outstanding
1,000
100
100
1,000
1,000
100
100
1862
1,000
r1808
1808
1,000
1871
1873
1874
1805
1802
1870
1870
1870
1,000
1,000
1,000
1,000
£*200
-
1,000
1807
1,000
1,450,000
1871
1874
500 Ac.
1,000
28Ji>
1805
1800
*35
Owensboro A Russellville—1st mortgage
Paducah A Memphis— 1st mortgage, gold
Patiamifr—Stock
General mortgage, sterling
3(5
115
47
47
New York A New England.— This was formerly
Boston Hartf. & Erie.
The road was opeiated by
the trustees -of the Berdell mortgage for several
years, and conveyed to the new company in July,
i875. See report in V. 28, p. 875. Net income, 1875-6,
$263,012. The balance sheet, Sept. 39, 1876, gives
stock issued $5,083,000, and Here ell bonds not yet
10,000
p.m
i
1807
4
M.
M.
M.
F.
J.
M.
J.
M.
A
A
A
A
A
A
A
A
N.
.8.
S.
A.
J.
N.
J.
N.
1,000
1,320,400
124,000
338,000
500 Ac.
1,500,000
7,000,000
j £*200
2,794,000
p.
5
6
7
0
2
4
8
8
•
•
•
J.
J.
J.
M.
J.
A.
J.
M.
M.
A.
J.
J.
3»g
7
7
0 g.
7
A.
7
6
7
7
7
7
7
M.
F.
A.
J.
F.
F.
J.
F.
F.
M.
J.
3
7
,
.
....
0
0
0
7 g.
7
7
4i2
7
7
8
p.
488.)
3
7 g.
New York, Providence & Boston. —Annual report
for fiscal year ending Sept. 1, 1876, showed net earn-
logs $465,201, leaving
a surplus of
tereet and dividend payments.
p.
North Carolina.—Leased September, 1871, to RichBlond & Danville Railroad at $269,000 per annum,
la March, 1875, the gauge was changed. Dividends
•f 6 per cent, are paid on stock, of which the State
•f North Carolina holds $3,000,000.
(Vol. 16, p. 653;
y. 17, p. 155, 218; Y. 20, p. 267; V. 21, p. 39 J.)
in 1875-6.
Report V. 24, p. 88.)
Northeastern. S. C.—Gross earnings
North Pennsylvania.—Gross receipts in year 1875-6,
$1 ,675,865;
$326,403.
i
$96,051 above in- !
Full report V. 21, ;
464; y. 23, p. 621.
$582,273; net, $161,813.
i
net, $186,319; surplus
(V. 22, p. 134; V. 24, p.
above interest,
62.)
Y., M. Morgan’s Sons. Feb.
do
do
do
do
do
do
Company Shops, N. C.
do
do
do
do
io,*i877
1878
1878 & 1881
July 1, 1899
Mar., 1877
Sept., 1876
1877 A 1888
May,
Charleston.
i875
Sept. 1, 1899
Sept. 1, 1899
do
Philadelphia Office.
Feb. 1, 1877
Jan. 1, 1885
do
do
do
do
do
do
Baltimore A Philadel.
May 1, 1896
1903
April 1, 1-876
Annapolis.
City, Hudson Co. B’k.
income
565.)
8.
J.
O.
J.
8.
Irredeemable.
July, 1885
April, 1906
July, 1900
July, 1900
July 1, 1904
Jan. 1," 1926
Jan. 1, 1926
Dec. 1, 1876
July, 1876
1878
Trust Co.
do
do
A 8.
A O.
A J.
A J.
A O.
A N.
1st
A A.
A O.
A J.
A A.
A A.
A J.
A A.
A A.
A S.
A D.
Jan. 10, 1877
July 1, 1877
July, 1877
Boston, N. E. Trust Co. March 1, 1897
Boston, Office.
July 10,1876
-
do
do
do
Oct. 1, 1876
Ian., ’78 to ’79
Mar., 1890
Nov. 1,1905
Mar. 1,
New York, Office.
do
do
do
do
London.
New York, Office.
do
do
coup,
due Nov., ’77
Jan.
Jan.
do
do
1, 1898
1, 1898
April, 1911
May 1, 1883
-
do
do
do
do
do
do
1875
April.l, 1882
Philadelphia, Office.
Q.-J.
Boston, Office.
do
Nov. 1, 1905
Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
Feb.
Feb.
Jan.
1, 1890
1, 1896
1, 1877
do
do
Aug., 1877
Aug. 1, 1881
March, 1894
do
do
June 1, 1895
1880
Jan., 1901
May, 1915
Feb., 1891
Feb., 1877
1880 A 18it 5
1907
Feb. 1, 1892
President, Daniel Torrance, and Mr. John King, of
unpaid, although in April interest was paid on 2d
mortg., due Oct., ’76. (V. 22, p. Ill; V. 23, p. 301,
347, 377, 526,519, 599; V. 24, p. 64,89,136,158,227,370.)
Oil Creek & Allegheny
consol, mortgage, Dec.
River.—Sold in foreclosure
29. 1875, for $109,009. New
organization made Jan.,.1876,- as Pitts. Titusv. &
Buff. RR. (V. 21, p. 40, 302; V.22, p.16,1:35,279,389.)
-
Dividends paid of 10 percent
receipts in 187.5-6, $728,0^0; net,
590; V. 23, p. 548.)
Ogdensburg & Like Champlain.—Leased in March,
1870, for twenty years to the Vermont Central, but
lessee failed to pay rent, and receiver was appointed
October. 1876, and lease cancelled March, 1817. (Y.
23, p. 279, 396, 500: V. 24, p. 299, 322.)
Ohio& Mississippi.—There are also $97,000 of old
1st mortgage 7s, W. Div., yet out. The annual re¬
port to June 30, 1876, was given in V. 23, pp. 301,
317. Gross earnings were'$3,382,032; expenses,
$2,539,725; net earnings. $342,-;05. The company
purchased the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road, and with
May 1, 1877
1897
Oct. 10,
the Baltimore & Ohio, were appointed receivers,
and afterwards Mr. King was made sole receiver.
Interest on 1st mortgage due January, 1877, remains
fiscal
Norwich A Worcester.—Leased February. 1860, to
Boston, Hartford & Erie for 100 years at 10 percent
New York, Office.
London.
privilege of funding coupons to Nov., 1S77; of the
same mortgage bonds
$1,600,000 more were re¬
served for improvements.
November 17, 1876, the
Old Co'ony.—There are $32,000 5 per cent bonds
1884.
Net'income over operating expenses,
due
$754,053 in 1875-0,
p. 86, 500.)
a
:ainst $774,388 in 1874-5.
(V. 28,
Omaha & Northwest.—Passed interest 1874. Some
bonds aud coup’s exchanged for lands. (Y. 22, p. 79
V. 23, p. 175.)
$25,000,000 of bonds had been so exchanged, leaving
about $5,000,000 yet out.
(V. 22, p. 135, 159, 209; Y.
23, p. 2C5, 330, 401; V. 24, p. 40.)
per annum on cost.
per annum.
Gross
$311,965. (V. 21, p.
N.
A. A O.
New York A Oswego Midlaml.— Interest in de¬
Northern Pacific.—Sold Aug. 12. 1875, for $100,000
fault since 1873. Receivers’ certificates have been
and pref. stock is issued to bondholders at the rate
issued, and the floating debt, Sept. 30, 1875, was $6,- i of $1,400 for each $1,000 bond, and this includes the
411,U6U.
Last funding plan V. 21, p. 278.
Sold i interest funded to July, 1878.
This stock is ex¬
in foreclosure October 2, 1876.
(V. 21, p. 40, 64, i
changeable for land at its par value. To Sept., 1876,
186; V. 22, p. 352, 447; V. 2-3, p. 298, 329, 354, 526, I
549, 582, 622.)
1, 1877
1903
July 1, 1894
May 1, 1895
....
leaving a deficit of $16,413. The 5 per
mortgage is to exchange for incomes
(V. 20, p. 267, 336, 3 5 5; V. 22, p. 257.)
(Vi 20,
Jan.
May, 1890
J. A J.
N. Y., Kountze Bros.
M. A N.
Newark, Office.
A. A O.
Frankford O. M.
M. A N. ! N. Y., Fa liners’ L. AT. Co.
do
F. A A.
do
F. A A. N. Y., Del., L. A W. RR.
do
M. A N.
<lo
M. A 8.
do
do
F. A A. N. Y., Imp. A Trad. N.B.
7.30 g.
Northern of New Jersey.— Operated by Erie at 35
per cent of gross earnings, which in 1875 were
$278,991.
do
do
.
est and rentals,
cent $3,000,000
1875-76, $1,749,621, against $1,872,125 in 1874-5. (V.
29, p. 62; V. 22, p. 15; V. 23, p. 500; V. 24,p. 63.)
Opdyke A Co.
J. New England
J.
do
J.
do
A
A
A
A
A
A
A
A
•
223, shows gross earnings,
Northern New Hampshire. —Net
year 1875-6 was $120,810.
(V. 22, p.
N. Y.,G.
do
do
Jan., 1905
....
net
New York, New Haven A Hartford.—Net income
Stocks—Last
1884
N.Y., Grand Cen. Depot.
J. A J. J.
i
1,541,000
ioo
Boston.
do
1
,839
5UO, 575.)
pal, When Due,
Dividend.
A J. Baltimore, 1st Nat. Bk.
A. A O.
do
J. A J.
do
A. A O.
do
J. A J. London A Baltimore.
J. A J. Baltimore, 1st Nat. Bk.
J. A J.
do
do
J. A D.
Boston, Office.
Northern Central.—The annual report for 1876 in
of 1S72.
Whom.
Q.-J.
r*
350,000
200,000
1,000
Chronicle, V, 24,
exchanged $14,315,090. Mortgage bonds due 1905,
$316,000. (Y. 21, p.31, 207, 533, 510; V.23, p. 279,
Payable, and by
J.
2*2
10,950,000
,6oo
Q.-J.
A.
N.
J.
S.
S.
N.
5
0
1,092,000
500,000
1,100,000
50
500 Ac.
1870
1872
Bonds—Princi¬
.
&
A
A
A
A
A
0
6 g.
« g.
6 g.
540,000
35
*
1,000
J. A J.
M. A N.
M. & N.
F.
M.
J.
M.
M.
M.
8
3
0
7
7
3
0
0
500,000
205,500
M. A S.
J. A J.
J. & J.
0
0
7
3
3
8
8
1,500,000
580,000
1,155,000
300,COO
0,733,800
1S71
Where
Payable
21g
i;915,000
500 &c.
100 Ac.
100 Ac.
100
40
9
200
When
•
150,000
400,000
3,077,000
2,000,000
500,000
408,000
20,000,000
4,030,000
174,000
0,545,850
112,000
3,804,000
140,000
187(5
gold bonds..
7
7
5
0 A 7
7 g.
7
7
7
7
7
2,604,400
400,000
1875
Orange A Newark— 1st mortgage
Oregon A California— 1st mortgage
Oswego A Rome—1st mortgage guaranteed
Income mortgage bonds......
Osicego A Syracuse—Stock, 0 per cent guar
Mortgage bonds
Consol, mortgage (guar. 1>. I.. A W.)
Rate per
Cent.
9*28,000
343,000
15,500,000
2,000,000
8,000,000
2,500,000
1,500,000
3,800,000
2,425,000
1,200,000
3,000,000
70,000
250,000
837,000
3,000,000
1,000,000
380,000
899,350
90,000
820,000
232,500
3,978,150
1,930,500
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
2,599,000
205,000
2,925,000
3,000,000
1,000,000
3,068,400
1,000,000
400,000
28,000,000
•
....
1877
OS.’Gfl
1870
Ohio A Mississippi—Stock, common
Preferred stflck (7 p. e. yearly, cumulative)
notice of any error discovered In these Tables.
$5,685,000
....
1873
N. Y., Pi'ov. A Boston—tStonington)—Stock
1st mortgage
Extension
General mortgage
Value.
[April 23, 1877.
INTEREST OR DIVIDENDS.
Size,
or
Par
BOND:
i
Oregon & California.—Bonds nearly all placed in
Germany. After default in 1873, proposition offered
by Ben. Ilolluday, President. (See V. 19, p. 480; V.
22. p. 375.)
Oswego & Rome—Operated by the Rome, Water-
town & Ogdensburg at 8 per cent on $300,000
and interest on first mortgage bonds.
stock,
Oswego & Syracuse.—Leased to Del. Lack. & West,
on bonds and 9 per cent on stock.
for interest
Owensboro A Russellvi le.—Now Evansville, Ow¬
ensboro & Nashville. To be sold in foreclosure.
Paducah & Memphis.— Foreclosure proceedings
pending and s^le ordered. (V. 21, p. Ill); V. 22, p.
233; V. 23, p. 576; V. 24, p. 40.)
Panama.—Last statement, V. 24, p.
322. (V. 22*
88, 233, 247, 305, 352, 368; Y. 23, p. 500; Y. 24, P*
322.)
p,
RAILROAD
April 28, 187 .]
STOCKS
Subscriber* will confer a great favor by giving immediate
AND
BONDS.
notice of any error discovered In tbese Tab
es.
DESCRIPTION.
vm*
Miles Date
of column headings, Ac., see notos
explanation
of
fofj
P
Road. Bonds
at the head of first page of tables.
raris dk Danville — 1st mortgage, gold, sinking fund
Paris cG Decatur, (Ills.)—1st mort., g’d, sink, f’d
Paterson dk Newark—1st mort., guar, by Erie
105
75
Pennsylvania—Stock
-
Phf
Outstanding
$1,000
'$2,500,000
rr
1,200,000
500,000
7
1,000
50
1,000
1,000
....
Preferred stock
mortgage, gold, (held by Pennsylvania RR.)..
Pennsylvania dk Delaware—1st mortgage
2d mortgage
Pennsylvania dk New York—1st mort.,
1st mortgage, guaranteed
....
44
105
105
40
83
83
90 ig
18
guaran
Peoria, Pekin dk Jacksonville- 1st mortgage
2d mortgage
Peoria <k Rock I — 1st mort. (after $150,000 10s)
Perkiomen—1st mortgage
Consol, mort., gold, guar. P. & R., (sink, fund)
Philadelphia J Balt. Central— 1st mort. (Pa)
2d mortgage (Pa.)
1st mortgage (Md.)
Philadelphia dk Erie—Stock, common
mortgage
2d mortgage
2d mort., gold (for $20,000,000), guar by P. R
Philadelphia dk Reading—Stock, common
-
....
•
do
-
East
Pennsylvania 1st mort., sinking fund
Loan mortgage, sterling
or reg
....
140
10
140
200
200
117
33
Pitts., C.dkSt. L.—1st m., cons, (for $10,000,000)
2d mortgage
1st mortgage, Steubenville A Ind.,
reorganized...
!
Pittsburg, Ft. Wayne dk Chicago—Stock, guar
Special improvement stock, guaranteed
1st mortgage (series A)
cou¬
Decitur.—Consolidation.
Now Illinois
222, 24 8 & *47. The direct funded debt of the
companyis $59,000,000; in 1874, by the report of the
Investigating Committee, the liability as a guarantor
p.
was
on
$33,983,6)9 bonds;
on guarantees of
interest
rentals, $13,862,31'-*, and probably there has been
no great
change since. On‘all operations east of
Pittsburg, in 1876, the report shows a net
surplus of
over all payments, including dividends,
ffM*3o68
he following is a
comparison for four years on
main
Earnings.
Pennsylvania
:
Net
Total Stock
Earnings.
and Debt.
1875
$20,403,251
$8,147,388
$128,098,560
1874...
22,642,371
9,396.021
113.010.000
1873
24,886,00!)
9,145,704
105.784,075
1872
22.012,525
8,247,852
82 539,537
—The Pennsvlvunia. Company is a corporation dis¬
tinct from the Penn. Railroad, and operate - all the
leased lines west of Pittsburg. The stock is owned
by the Penn. Railroad. In 1876 the net earnings
...
...
...
...
...
...
...
were$7,255,642; int. and rentals, $7,291,496; addi¬
tional expenses for construction, &c., $558,399.
21,
p.
130, 361, 4o8, 592; V. 22, p. 253; Y. 23,
p.
V.
16.)
Pennsylvania & Delaware.—The lease of this road
to the
Pennsylvania Railroad was ratified in 1874.
Previously operated under temporary lease.
Lifts
300,000
0,048,700
2,400,000
1,000,000
5,000,000
3,000,000
8,680,000
32,720.375
1,551,800
1,510,500
79,000
182,400
907,200
495,900
134,400
1,138,900
2,700,000
10,049,000
7,000,000
....
....
908,000
1,000
1,000
1,000
1,000
100
50
50
....
....
3
....
1858
1807
1872-4
1875
1808
1859
1870
1803
1873
1804
1804
408
(V. 19, p. 351; V. 21, p. 614.)
Paterson & Newark.—Lately operated
by Erie.
Stock is $250,000.
Pekin, Lincoln & Decatur.—Leased to Toledo,
Wabash & Western. Sold in foreclosure June
10,
1876, and reorganized. (Y. 21, p. 247; V. 23,
p. 103.)
Peninsular.—There is also a second
mortgage for
$540,000. Defaulted May 1,1872. Coupons unfunded.
Consolidated with Port Huron & L. M.
July, 1873.
(V. 17, p. 155, 650, 763.)
*
Pennsylvania.—'The report for 1876 is given in V. 24,
additional,
1871
1871
1871
1873
1873
1874
1870
1872
408
408
j
line and branches in
Gro~s
1808
408
408
408
408
408
408
pon, but may
be made paya¬
ble to order.
Paris & Danville.—Of these bonds,
$450,000 were
given for coal mines at Danville, which are covered
(1,230 acres) by the mortgage. (Y. 21. p. 188, 297: V.
24, p. 17.)
1,000
,
10,499,900
9,304,000
19,680,000
(?)
13,030,500
....
1871
1802
1802
1802
1802
1802
1802
1802
Pennsylvani
t
500
1,000
1,000
1,000
1,000
100 Ac.
£200
1,000
1,000
1,000
1,000
1,259,100
2,231,900
11,501,250
205,000
1,000,000
700,000
839,000
4,000,000
320,000
0,500,000
0,222,000
5,000,000
3,000,000
775,000
100
100
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
500 Ac.
19,714,285
4,333,948
875,000
875,000
875,000
875,000
875,000
875,000
800,000
2*2
31*2
0
0
5 g.
0
7
0
0 g7
7
2ie
3
4
0
0
0
0
rr
4
0
<3 g.
7
7
6
7
13-1
134
7
7
7
7
7
7
7
Lehigh Valley.
Net earnings
1875-6, $608,10). Dividend of 10 per cent paid on
preferred stock of $3,590,000; common stock is
$1,061,700. (V.24, p. 110.)
Peoria & Bureau Valley,—Leased perpetually to
Chicago, Rock Island & Pacific at $125,000 per year.
Peoria, Pekin & Jacksonvil'e.—In year ending
June 30, 1874, net earnings, $60,261.
Peoria & Rock Island.—Sold in foreclosure April
4,1877, for $55 ),000. There are old 10 per cent bonds
of $150,000. (V. 21, p. 159. 349, 535; V. 22,
p. 56^344,
463; V. 23,p. 617; V. 24, p. 64, 275, 322.)
Perkiomen.—Leased to Philadelphia & Reading.
Petersburg.—Gross earnings 1874, $240,145; net,
$103,373 (Vol. 19, p. 351; V. 20, p. 592: V. 21, p.
64, 372; V. 22, p. 135.)
Philadelphia & Baltimore Central.—Operated for
some time past in Pennsylvania
by trustees of first
mortgage bondho'ders.
Phil., Wil. & Balt, largely
interested. (V. 23, p. 526.)
Philadelphia <fe Erie.— Leased February, 1862. for
999 years to Penn. Railroad, but without
any guar¬
antee of bonds.
Gross earnings, 1876, $3,352,979;
net earnings, $1,184,533.
The Penn. Railroad is
creditor $231,244. (Y. 22, p. 206; V. 24, p. 136,
248.)
Philadelphia h Reading.—'The report for 1875-6, is
given at length in Y. 24, p. 38. President Gowan
reviews the year 1876, and
gives the facts bearing
the Company’s financial condition and prosThe trustees of Die general mortgage hold
the moil 'age of the Coal & Iron Co. In
March, '77,
propositions were made for postponing certain in¬
terest .payments. (See V. 24, p. 299 ) A
comparison
upon
p*cts.
of statistics for three
rears
is as follows:
1873-4.
Gross
earnings..
.
Op.
expenses.....
Net
earnings
Funded debt
1S74-5;
1875-5.
$14,452,121 $12,660,927 $12,227,511
8,73J,916 8,130,159 8,510,350
$5,720,205 $4,530,768 $3,717,161
58,155,138 57,134,111
Philadelphia, Ollice.
do
do
do
-
A.
F.
F.
A.
J.
J.
F.
J.
A O. Pittsburgh Co/s Office.
A A.
Philadelphia.
A A.
Philadelphia, Office.
A O.
do '
do
A D. Phila., B’k N. America.
A I).
do
do
A A. N. Y., Chic., R. I. A Pac.
A J. N. Y., Imp. A Trad. B’k.
•
•
-
Dividend.
Jan. 1, 1903
July 1, 1892
Jan.
Philadelphia, Office.
Jan., 1880
1910
Annually.
June 15,1905
1881
Oct., 1873
1903
1903
1903
June 1, 1896
Juno, 1906
Feb., 1877
July 1, 1894
.
A
A
A
A
A
A. New York and London
O.
Phila., 227 S. 4th st.
D.
do
do
J.
J. N.Y., Lancaster, B.&Co.
-v
do
do
A J.
Philadelphia, Office.
A J.
do
do
A J.
do
do
Feb., 1900
Apr. 1, 1897
June 1, 1913
Jan., 1872
Jan., 1879-'98
1902
....
J.
J.
J.
1, 1878
Feb., 1900
May 1889 to’90
Feb. 27, 1877
do
A
F.
A.
J.
J.
I.
Stoc ks—Last
Philadelphia, Office.
J.
J.
pal, When Due.
Jan., 1879
Jan., 1900
Oct., 1891
....
.
0 g.
7
J.
Q.-M. Philadelphia A London.
4
7
0
7
6 g.
4
A
A. A O.
....
0
7
7
6 g.
Where Payable, and by
Whom.
A J.
New York, Ollice.
A J. New York and London.
A J. N. Y., Erie
Railway Co.
A A. N. Y., T. W. A W. RR.
M. A N.
New York.
Q.-J.
3
r*
Bonds—Princi¬
J.
J.
J.
F.
J.
7 g.
7
7
7
7
4
7
7
7 g.
6
6 g.
3
8
8
7
7
0
& New York.— Operated in close
connection with the
When
Payable
Q.-F.
0
0
5
0
0
1,731,000
....
all
1,000
1807
1808
20
20
100
98
....
Bonds,
....
....
....
Consol, mort., guar. B. A O. (s. f. £7,200 pr.
yr.)..
interest
•
....
P'dlsb. dk Connellsville.—1st
mortgage
1st
do
Turtle Creek division
or
-
745
750
do
do
of principal and
animal liability
-
....
bonds, loan
Paris &
-
50
50
1843-9
1857
1836
1843
....
Philadelphia <£ Trenton—Stock
Philadelphia, Germantown dk Norristoum—Stock
Philadelphia, Wilmington dk Baltimore—Stock
1st mortgage, convertible
Midland.
•
1,000
1,000
1,000
1,000
....
....
Col. A Newark Division bonds
.
100 Ac.
100 Ac.
100 Ac.
50
50
....
....
..
.
.
1857
1801
1808
1809
....
do
do
dollar loan, gold,coup, or reg
Debenture loan (convertible 187(3-92), coup
luiprovein’t mort., $ or £, siuk’g fund, coup
Gen. mort., $ and £ (sink, fund 1 p. c.
yearly)
Income mortgage (for $10,000,000)
Coal A Iron Co., guar. mort. (for $30,000,000).
do
debentures, guaranteed
do
do
100
....
....
....
;
Consolidated mort., dollar loan, coupon
do
do
gold, $ or £, coup
Plain
.
....
Loan debenture
Loan mortgage
1,000
1859
1809
1806
....
Mortgage loans inconvertible
Loan mortgage, convertible
do
do
sterling
do
100
....
....
Preferred stock
1,500,000
1,200,000
1,000,000
1,000,000
1,500,000
021,000
1,200,000
1,324,200
500,000
300,000
800,000
400,000
....
....
40
287
287
287
-
1,500,000
1,000
1,000
287
1st
do
....
.
1,000
100
500 Ac.
1870
1807
1873
....
& Erie
....
....
82
82
82
30
30
10
(payable $25,000 yearly)
3,000,000
8,000,000
0,989,000
1,083,000
519,000
1,000
1804
....
Petersburg—Stock
Preferred stock
1st mortgage, Sunbury
1873
1873
1873
1800
1800
44
-
Peoria <6 Bureau Valley—Stock
1st mort. bonds
2d mortgage
50
50
....
O
1,000,000
’
Pennsylvania Co.—Common stock
1st
7
7
7 g.
4,795,107
29.250,000
1,000
’
4
19,999,700
....
1873
1875
....
Rate per
Cent.
1,070,000
3,800,000
08,870,200
4,970,000
....
1870
....
Amount
500
500 Sic.
....
....
INTEREST OR DIVIDENDS.
or
PaiValue.
....
355
to Pitts., coup., j. & J.; reg., A. & 6.
State lieu (pay’ble in annual inst’lm’ts of $4(30,000)
Consol. M., coup. J. A D., A reg. Q.—M. is. f. 1 p. c.)
Navy Yard bonds, reg
Gen^L,
1873
1872
1808
1871
’00/70
1*2
07
100
800
Pekin, Lincoln dk Decatur— 1st mortgage
Peninsular (Mich.)—1st mort., gold, sink, fund
Size,
XXV
A
J.
J.
A. A O.
A. A O.
J. A J.
J. A J.
Q.-J.
Q.-J.
J.
J.
J.
J.
M.
A J,
A J.
Philadelphia, Pa. RR.
do
do
Oct. i, 1877
Phila., Pa. Life A T. Co. March 31,1881
do
do
July 1, 1888
Philadelphia A London.
July, 1920
Philadelphia, Office.
Jan. 25,1876
do
do
July 25,1876
do
do
do
A
A
A
T. A
J. A
A. A
r. A
J. A
J. A
J. A
A. A
J. A
J. A
J.
London.
J.
do
S.
Philadelphia, Office.
J.
London.
J.
Philadelphia, Office.
O.
do
do
D.
do
do
D. Philadelphia A London.
D.
Philadelphia, Office.
J.
do
do
O. Philadelphia or London
,T. London A Philadelphia.
D.
Philadelphia* Office.
Various London A Philadelphia.
Q.-J.
Q.-M.
Philadelphia, Office.
Phila., Treasurer of Co.
J. Philadelphia A Boston.
J.
do
do
O.
do
do
O. Phil’delphia, Co.’s Office
A.
O.
do
do
J.
J. Balt., Bn It. A Ohio RR.
F.
A. Pittsb., First Nat. Bank
J.
J. London, J.S.MorganACo
F.
A. Phila., Pa. RR. Office,
A.
O.
do
do
M’nthly N. Y. Agent, 57 B’way.
J. A j. Phila.. Pa. RR. Office.
Q-J. N. Y., Winslow, L. A Co.
do
do
Q.-J.
J. A J.
do
do
F. A A.
do
(Jo
M. A S.
do
do
A. A O
do
do
M. A N.
do
do
J. A 1)
do
do
J. A J.
do
do
J.
J.
A.
A.
1880
1886
1880
1880
1888
1877
do
A
A
A
A
A
A
A
A
A
A
1893
1893
June, 1911
June, 1911
June, 1911
1, 1893
1,' 1897
July 1. 1908
Dec. 1, 1896
Jan.
Oct.
1892
Mar. 10, 1877
Mar. 3, 1877
Jan. 2,
July,
April,
Oct. 1,
April 1,
July, 1898
Aug. 1, 1882
Jan.
1, 1926.
Aug. 1, 1900
April 1, 1913
May, 1884
Jan., 1890
April 2,
April 2,
July 1,
July 1,
July 1,
July i;
July 1,
July 1,
July 1,
-(V. 20, p. 358; V. 21, p. 458; V. 22. p.
p. 40, 452; V. 24, p. 38, 217, 275, 29P.)
Philadelphia & Treiton,.—Leased
1877
1884
1887
1892
I960
1877
1877
1912
1912
1912
1912
1912
19f 2
1912
109; V. 23.
to
Pennsylvania
Railroad with United New Jersey
companies at 10
per cent on stock.
Philadelphia, Germantown & Norristown.—Leased
Philadelphia & Reading at 12 per
for 999 years to
cent, on stock.
Philadelphia, Wilmington h Baltimore.—Net earn¬
year ending Oct. 31, 1876, $1,606,0 9,
leaving a
ings,
surDlus income of $256,774 above
payment of all
and 8 per cent dividends.
Last annual re¬
port iu V. 24, ]». 88.
expenses
Pittsburgh Connellsville.—On Jan. 1, 1876. a trans¬
was made by City of Baltimore to
Balt. & O. RR.
$1,000,000, and the consol, mortgage made for
£2,200,000, and guaranteed by B. & O. Net earn¬
ings 1875-6, $529,674. (V. 24, p. 135.)
fer
for
Pittsburg, Cincinnati & St. Louis.—This company
leases several roads and is itself controlled
by the
Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,000; 1st pref.
$2,928,6'0; 2d pref., $3,000,000.
Net earnings!
1876, $S')5,9.!r8. Annual report, 1875, V. 22, p. 519*
V. 23, p. 254.
Pittsburg, Fort Wayne h Chicago.—'This road
was
leased July, 1863, for 999
years, to Pennsyl¬
vania Railroad, at a rental
equivalent to interest
sinking fund of debt, and 7 per cent on $19,714,286
stock, which was increased at that time
from
$11,500,000. The lease was transferred subsequently
to the Pennsylvania
Company. The lessees to keep
the road in repair, and also
pay taxes, expenses
etc.
Pittsburg, Fort Wayne A Chicago leases the!
Newcastle & Beaver Valley and
which in turn are leased again
theLawrer.ee roads;
by Pennsylvania Com!
pany.
New stock of $4,10.),uj0, issued to Penn.
Railroad for improvements, Ac., is under
article 16
of lease; guaranty on old stock not
affected. Not
earnings, 1875. $3,278,398. Sinking fund for bonds.
$1,7(3,850. (V. 22, p. 5 8.)
Knbscribers will confer a great
2d mortgaire,
2d
(io
Chicago—(Continued).—
2d
2d
2d
3d
do
do
do
do
series 11
do
<lo
do
do
I
K....
L
•
i-l
Date
Miles
of
of
Road. Bonds
(
....
lu> iii»LclL
*
mUj lU U1 UV i
•
\
I
....
l
$8(50,000
8(50,000
8(50,000
8(50,000
8(50,000
2,000,000
100,000
500 Ac.
1802
1857
1874
500 Ac.
1 800
1870
1871
00
02
i
1871'
10
52 io 1807-9
52 Xj 1870
52 b> 1871
5‘>
52
1870
1800.
111»4
1,000
1,000
1,000
1,000
by Eastern HR
.......................
Mortgage bonds
Reading d Columbia— 1st mortgage, coupon
2d mortgage, coupon
ge
1872
1 ()0 Ac.
500 Ac.
500 Ac.
500 Ac.
100
$2,000,000)
.
1870
1802
100
500 Ac.
1 ,<*>00
100 Ac.
ISO 4
1,000
1871
1,000
100
181
■*
142
10
Bonds, guaranteed by State.
3d mortgage, consolidated, coupon or registered.
New general mort.. gold (for $0,000,000)
Piedmont branch. 1 sr lnort*' a,ro,
Northwestern. N. C., 1st mort., guar
100
1807
18T4
ii2
40
20
1,000
Dollar loan
Connon bonds of 1881
Richmond d Petersburg—1st mortgage coupon —
New mortgage
1873
1870
1875
23
218
07
100
Rome, Watertown d Ogdensburg—Stock
1st sinking fund mort., Wat. A R
General mortgage, sinking fund
2d mortgage
Consol, mort., convert, till July, ’79, coup
1855
1801
1872
1874
100
300
120
Rutland—Stock, common
Preferred stock.
1870
1870
1872
1800
1870
120
120
120
112
170
200
Equipment mort gage bonds.
E. div
grant
cumulative)..
1804
1804
1804
ISO 1
1 8(51
1870
1st mortgage (series A) sinking fund.. 1 tz
f
1st mortgage (series 1>) sinking fund., lix":
t
2d mortgage, preferred (sera *s C)
2d mortgage, preferred (series D)
/. P J
I 5 " -r - 1
2d mortgage, income
to
Equipment mortgage
J.nitls
lentt. Wnun.fain. d
£3 l
080
210
210
<58(5
100
72
300
5*2
Sinnfbent—
1st mortgage, coupon
2d mortgage, gold, coupon, mav be registered —
Cons. M. gold (s. f. after 1880),coup., maybe reg.
Arkansas Brandi, 1st mortg age, gold, land grant
Cairo Ark. A Texas, 1st mort., gold, coup or reg.
Cairo A Fulton. 1st n ort., gold, or road and land
354
354
203
(North Missouri)
Real estate and railway 2d mort. (for $3,000,000)
St. L.d: S.Francisco.—1st M. (So. Pac.). g., (I'd grant)
2cl mortgage bonds, A
1st mortgage
do
do
do
do
Land debentures
B. gold.
C. gold
1
.
St. Louis d Southeastern—1st
M., gold. cony. s. fund
ttinlrinti* fund
Evansville Henderson & Nashville, 1st mort
Pittsburg Virginia & CharlestonOf these bonds
the
Pennsylvania Railroad owns $500,000.
Port Huron cf: Lake Michigan—This forms part of
the Chicago A Lake Huron consolidation, with Pen¬
insular of Michigan. Interest was in default Nov.,
1873, and foreclosure is pending.
22, p. 375; V. 24, p. 215.)
(V. 20, p. 357; V.
Portland
Ogdensburg.—The two d
w’ere
consolidated March 1875 as one company.
In
March, 1876, Co. passed the interest on Portland
city bonds. (V. 22, p. 182; V. 22, p. 304, 4)8; V.
23, p. 86; V. 24, p. 180.)
Portland fo Rochester—Interest in default, and
Receiver appointed. (V. 23, p. 354, 377; V. 24, p.
1,000,000
1.800,000
1,577,0(50
2,300,000
7 g.
3
(5
210
4i>0
98
-
1807
1872
1874
1870
1872
1870
4
(5
7
2,000,000
500,000
(550,000
350,000
1,500,000
7,000,000
1,025,000
4,000,000
508,480
124,200
1,7(58,5(H)
1,294,000
175^000
1(H)
3,147,000
700,900
1,200,500
1,000,000
3,000,000
6
6
6
6 g.
8
6-70
6 g.
6 A 7
8
8
7
3
7
7
7
7
31,000
100
1.000
5(H) Ac.
'
4,108'70()
3 b>,S
7 ~
500,000
500,000
1,212,000
1,500,000
5,500,000
2,300,000
2,4(58,400
1,100,000
8
8
8 g8 g.
1,400,000
1,700,000
1,100,000
.
300,000
1 ()! >
op 1 oq,r>33
1,000
1,000
1,000
4,000,000
5.027,000
2,202,000
1,000
l.ooo
2,500,000
1,500,000
J A J.
J. A J.
M. A N.
May 1, 4890
Jan., 1000
Nov., 1001
May, 1801
July 1, 1887
Oct.
1887
Jan.
1, 1877
Nov.
1, 1889
July 15, 1873
.Dec. 1, 1892
Jan. 1, 1877
July 1, 1880
Mch. 1,
1882
June, 18S4
Jan.
1, 1877
Nov., 1921
1880
Jan. 1, 1875
1878 to’90
do
N.
1,
Sept. 1, 1801
Richmond, Oflice.
Y., City Nat. Bank.
do
do
....
1888
A. A O. New York or Richmond
London.
.r. A J.
Various
Richmond, Ollice.
do
J. A J.
A. A O.
Richmond, Office.
do
do
M. A N.
J. A J. N. Y., Farm. L. A T. Co.
do
do
M. A S.
do
do
J. A I).
do
do
J. A J.
do
do
4. A O.
.
F. A A.
M. A N.
M. A 8.
M. A N.
F. A A. N.
F. A A.
J.
A.
F.
51.
M.
51.
1
7
7
7
7
7
8,000,000
loo
2 1 000,000
iso 5
1,000
1874
1808
1870
18 70
1870
1874
1,000
(5,000,000
1,000,000
500 Ac.
100 Ac.
500 Ac.
500 Ac.
00-71
1872
1807
1,000
286,200
2,450,000
2 262,000
400,000
3,250,000
500 Ac
5 145 000
H
1,000
1,000,000
7
g.
is.
g.
g.
g.
7
7
6 g.
(5
2 Ac.
2 Ac.
10
7 g.
o*
•
cent on stock. In 1872-3
surplus to lessee was $204,597. (V. 20,p.244.)
terest on bonds and 8 per
the net
J.
M.
M.
J.
A.
1875
1875
1881-90
1880 to ’86
51 ay 1, 1015
July 15, 1875
Sept. 1, 1880
Dec. 1, 1801
Jan. 1, 1892
July 1, 1904
Feb. 2.
Boston, Treasurer.
"
Nov. 1. 1902
Y., London A Frank.
do
i.875
May 1,1880
Sept. 1, 1880
do
do
do
do
do
do
do
Aug., 1800
May 15,1900
A
A
A
A
A
A
J. N. Y., Office
do
O.
do
A.
do
N.
do
N.
do
S.
1804
1804
1894
1804
1894
1880
12 Wall st.
do
do
do
do
do
'
1,000
7,10(5,500
1884
July 6,1.874
3
7
7
7
7
7
10
1,100,000
1.000
■500 Ac.
1.000
5Ich. 1.
Philadelphia.
%
2,470,700
1,000
1, 1912
1, 1912
1. 1912
1, 1912
1, 1012
1, 1012
Jan. 1, 1887
J. A J. N. Y., Nat. B’k Com’ree.
M. A N. N.Y., Del. A 11.Canal Co.
3
6 g.
770,000
48(5,000
■
July
July
July
July
July
July
do
do
do
do
do
do
do
4
7
7
(5
2,500,000
do
do
do
do
do
do
do
7
350,000
450,000
1 500 000
Y., Winslow, L. A Co.
New York.
M. A N
A J Boston, First Nat. Bank
do
do
A N
New York and Boston.
A N
A .1 Boston, Columbian B'k.
do
do
A O.
do
do
Various
J. A J.
Boston, 01 lice.
do
do
M. A N. New York and London.
J. A J. Host., Eastern Rlt. Co.
do
do
J. A I).
J. A J.
Providence, Office.
do
do
J. A J.
M. A 8. N. Y., Union Nat. Bank.
J. A D. Columbia, First Nat.B’k
(5 g.
(5
1.000
100 Ac.
500 Ac.
1,000
1,000
100
100
100 Ac.
100 Ac.
100 Ac.
500 Ac.
100 Ac.
100
g.
g.
g.
g.
7004)00
500,000
500,000
07,778
209,917
450,000
Rich’d, Inftlericksburg d Potomac—Bonds, ster
Preferred stock (7 percent yearly,
1 ,000,000
500,000
1,000
A A. N.
A S.
A O.
A N.
A D.
A O
.1. A J
M. A S
F.
M.
A.
M.
.1.
A.
7
7
7
7
7
7
7
8
7
7
6
6
800,000
100
isi
Rensselaer d Saratoga—Stock.
do
do
New general mortgage
St. Joseph d Denver City— 1st m. gold,
1st mortgage, Western division, land
St. Louis. Alton d: Terre. Haute. —Stock
l
'
71
71
07
44
50
50
Portsmouth, Gt. Falls J Conway—Stock
fit
Roads—Princial, when Due.
Where Payable, and by
Stocks—Last
Rate per When
Outstanding
Whom.
Dividend.
Cent.
Payable
500 Ac.500 Ac.
500 Ac.
1 802
Emiimnont bonds uvnewe li
1st mortgage, consolidated (for
Richmond d Danville—Stock..
State sinking fund loan
discovered in these Tables,
Amount
$500Ac.
4 OS
-108
Pittsb."
Reading d Lehigh—1st mortgi
Par
Value.
1802
1802
18(52
1803
.
Va. d Charleston— 1st mortgage, gold
Port Huron if: L. Mich.—1st m< >rt., trar. guar
Portland d Ogdcnsb.—1st mort., E. IX, gold
New mortgage (for $3,300,000)
1st mortgage, Vermont Div. gold
Portl. <£ Rochester— 1st mort.,*;. f. (Portl. loan) “A”.
1st mortgage, equal lien —
2d
do
(Portland loan) sinking fund, “B”.
Portland Saen <( f*orfsniouth—
1st mortgage, gold
Port Royal (S. C.)—1st mortgage, convertible, gold.
Size, or
4(58
108
408
408
Pittsburg, Ft. Wayne A ( hie construction bonds.
Bonds (not mort.) guaranteed
Providence d: Worcester—Stock
[April 28, 1877.
BONDS.
INTEREST OR DIVIDENDS.
explanation of column headings, Ac., see notes
at the head of first page of tables.
Pittsburgh, Ft. Wayne if-
AND
favor by giving immediate notice ot any error
DESCRIPTION.
For
STOCKS
RAILROAD
xjs-Vi
earnings 1875-6,
$937,198; net, $438,232. Tins company leases the
North Carolina Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta & Rich¬
mond Air-Line. The Penn. Railroad took $1,000,000
of the new bonds.
(V. 20, p. 8. 291, 568 ; V. 21, p.
614; V. 22, p. 1 80; V. 24, p. 298, 370.)
Richmond & Danville.—Gross
Richmond, Fredericksburg & Potomac. — Gross
earnings 1875-76, $367,969; expenses, $177,793; net
earnings, $190,175. (V. 21, p. 612; V. 23, p. 6 41.)
F. A A. N.Y.,Office 20 Nassau st
51. A N. New York or London.
do
do
A. A O.
J. A D. New York, Co.’s Office.
do
do
J. A D.
do
do
J. A J.
J. N.Y.,Nat Bk of Com’rce
do
do
S.
J. rN. Y., Trask A Stone.
do
do
N
do
do
N.
do
do
N.
do
do
Q-J.
M. A N. X. Y., G. Opdyko A Co.
do
do
F. A A.
do
do
J. A J.
J.
51.
.T.
51.
M.
51.
A
A
A
A
A
A
lars per acre, until
the name of St.
May, 1873.
Joseph
Aug. 1, 1892
May 1, 1897
April 1, 1914
June 1.
June 1.
Jan,
1897
1897
1, 1891
July 1, 1895
Sept. 1, 1904
July, 1888
Nov. 1, 1906
Nov.
Nov.
1, 1906
1.
1906
1. 1884
Nov., 1894
Aug., 1902
Jan.
July 1, 1807
Consolidation under
& Western was made
March, 1877. (V. 21, p. 40, 418,
234, 297, 415; V. 23, p. 1S2; V.
442, 505; V. 22, p.
24, p. 322.)
St. Louis, Alton & Teire Haute.—Toe main line—
Terre Haute to L.St. Louis and Alton Branch—was
leased June, 1867, for 90 years, to lndianap. & St.
at 30 per cent of gross earnings up to
no year to be less than $450,000). Jn
gross earn¬
L.
$2,000,000 (but in
1876
ings were $1,072,503, against $1,019,837 in 1875. The
Belleville Branch and Extension earned net in 1876,
$129,286. (V. 21, p. 61; V.22, p. 351; V. 23, p. 208;
V. 24, p. 297.1
St. Louis, Iron Mountain Jr, jSouthern.—There
also $663,000 of Cairo & Fulton Income
Gross earnings, 1876, $4,002,045; net,
are
bonds.
ending Sept. 30, 1876.'$137,407; net, $60,094. (V. 22,
$1,966,325. In
170.)
1875, the company funded three coupons on all
p. 15; V. 24, p. 62.)
bonds except the old firsts, but coupons due Nov.,
Portland, Saco Jk Portsmouth—’Leased March 18,
Rome, Watertown & Ogdensburg —The last report, 1876, and subsequently are paid only m part; see
1871, to Eastern Mass. Railroad for 09 years at 10
in V. 22, p. 493, shows gross earnings in 1875 of
statement, V. 23, p. 452. (V. 21. p. 614; V. 22, p.
per cent per annum; modified Dec., 1875. to 6 per
cent for two years.
(V. 21, p. 372, 434, 592: y. 22, p. $1,167,824; expenses, $885,585; net earnings, $282,239. 209, 326; V. 24. p. 227, 250, 297, 322, 3 4 4, 347.)
The Lake Ontario Shore Road has been comoli568.)
dated with the Rome, Watertown & Ogdensburg,
St. Louis, Kansas City & Northern.—Half the stock
Pert Royal.—The Georgia Railroad guarantees and is in
progress to Niagara.
(V. 19, p. 169; V. is pref., 10 per cent yearly, but not cumulative.
$500,000 of these bonds; decree of sale in foreclo¬ 20, p. 8, 103, 311; V. 21, p. 442; V. 22, p. 493.)
Gross earnings in 1876, $3 143,865; net, $1,209,338.
sure has been entered.
(V. 20, p. 291, 433; V. 21, p.
Floating debt, $2,353,265, to he retired with second
78; V. 22, p. 591; V. 23, p. 526; V. 24, p. 90,126.)
Portsmouth, Great Falls & Conway.—Opened in
Richmond
&
Petersburg.—Gross earnings year
Rutland.—Leased January, 1871, to the
Terms modified in July. 1874.
Central.
made on
Vermont
Default
(V. 21, p.
110.)
Providence <fe Worcester.—Net earnings year end¬
St. Joseph & Denver City.—The road was sold in
ing September 30, 1876, $220,001; floating debt. foreclosure Nov., 1S75, and re-organized under two
companies, the Eastern Division becoming the
$1,430,003. (V. 21, p. 590; V. 23, p. 5 48)
St. Joseph & Pacific, and the Western Division the
1872, and is leased by Eastern Railroad, Massachu¬
setts.
Reading & Columbia.—This road is operated and
by the Philadelphia & Reading Railroad.
Floating debt, $1,093,494.
controlled
Reading & Lehigh.—This was the Berks County
road; sold out, and leased to Philadelphia & Read¬
ing, March, 1875, for 99 years. (V. 23, p. 63, 267.)
Rensselaer & Saratoaa.—Leased May 1, 1871, to
Delaware A Hudson Canal Company, which pays in¬
rental, and le;ise again modified.
185, 190; V. 22, p. 209; V. 23, p.
Kansas & Nebraska. Bonds are now being issued;
viz.: $1,900,000 of first mortgage, and $1,2>0,000
second morgage on each road.
The interest i8
mortgage bonds. (V. 21, p. 160; V.
23, p. 295, 379; V. 24, p. 90, 272.)
22, p. 542;
V.
re-organi¬
Sp. Louu & San Francisco.—This is the
zation of the Atlantic & Pacific, sold in foreclosure
Sept. 8, 1876. The stock is. $1,400,000 old on Cent.
Division; $4,500,000 new 1st pref.; $10,000,000 pref.;
consoli¬
Pacific.
1,009,000 acres.
and'afterwards, and
8,18<o,
374, 4<1,
and $9,500,000 com. The Atl. & Pac. was a
dation in 1870, of thq Atlantic & Pac. and So.
The land grant amounts to some
Interest was passed Jan., 1874,
the road finally sold in foreclosure Sept.
under the 2d mortgage. (V. 22, p. 61, 302,
payable only if earned, during the first five years.
The land grant of 300,'00 acres has been discon¬
589; V. 23, p. 85, 232, 278, 352, 418.)
nected from the railroad, and under the directi' n of
St. Louis & Southeastern.—In hands of receiver.
trusties will be managed fgr the bem fit of ihc
See report at length in V. 24. p. 2<>3. (V- 22. p. 8 ,
holders of the land scrip c-f $2.25'),0C0; this scrip
18
591; V. 23, p. 549; V. 24, p. 293, 322.)
may be exchanged for lands, at the rate of ten dol- '
April 28,
RAILROAD STOCKS AND BONDS.
1877.]
Subscribers will confer a great favor by giving Immediate notice of any errors discovered in tliese
DESCRIPTION.
For
explanation of column headings, Ac., see notes
at head of first page of tables.
Louis Vandaiia A Terre Han le—1st M. s.
2d mort., sink, fund ($1,600,000 guar.)
St
vnul A
fit
Miles Date Size, or
of
of
Par
Road. Bonds Value.
f. guar
Pacific—First Division—
net M., 10 miles, St. P. to St. Anthony
‘2d M.. St. Paul to Watab. ($700,000).
3d M., land gr’t.St. P. to Watab. ($1,200,000)
o
0
u
'
do
($2,800,000)
Consol, land gr’t
H
1st M.. St. Anthony to 150 miles west
6
2d M.,Alst 1. g.,St. A. to 150m.W.($3,000,000;
3d M., 1. gr. on 150m. W. of St. A. A 1st M. on
60m. more with 1. gr. ($600,000)
s
4th M., St. P. to Breckenridge, 2d on I’d gr.,
150m. ($3,000,000)
St Paul A Pacific—1st mortgage bonds
St Paul A Sioux G.—Pref. stock, (Div. on $475,000)
^
Sandusky Mansfield A Ncwurk—Re-organized stock
1st mortgage, new
- - - Savannah A Charleston—C. & S.„ guar, by S. O
Funded int. bonds, S. A C. RR., guar, by S. Car...
1st mortgage, Savannah A Charleston RR........
Hrhinilk'-ill
Valley—Stock
1st mortgage,
$1,000
$1,899,000
r*
1,000
2,600,000
7
10
76
76
76
150
150
1862
1,000
1,000
120,000
8
1862
•1862
1865
1861
1864
210
220
140
121
121
116
116
101
....
28
28
45
40
extension
Shenango A Alleghany—1st mortgage
Shore Line (XWJ-Stock
1st mortgage, construction bonds
Sioux City A Pacific—1st mortgage
rie
1870
1871
1,000
1,000
1,500,000
15,000,000
2,081,800
2,100,000
1,050,356
2,301,000
505,000
111,800
500,000
16,000 p.m.
576,050
124
1869
1853
1868
1869
1870
Island—1st mortgage (S. Side)...
Consol, mortgage
Summit Branch (Pa.)—Stock
1st mortgage bonds
Terre Haute A Indianapolis—Stock
1st mortgage
Bonds ot 1873 (for $1,600,600)
Texas A Pacific—lnt mort., gold, coup.($8,000 p.m.)
2d mort., consol., gold, coup. ($17,000 p. m.)
Income and land mort., reg. (7,600,000 acres)
Texas Western—(Narrow g.)—1st M., 1. gr., gold
St. Louis, Vandaiia <6 Terre Haute —The com.
stock is $2,383,315; pref., $1,451,703. This road is
leased to Terre Haute & Indianapolis at 33 per cent
ings. In 1876gross earnings, $1,085.24 i.
guaranteed by Terre Haute & Indianapolis,
by Columbus, Chicago A Indiana Central, aad Pitts¬
burgh, Cincinnati & St. Louis. (V. 24, p. 1 lO.)
St. Paul A Pacific, First Division—The bonds of
of gross ear.
Bonds
the Firf>t Division of the St. P. & P. RR, Co. are
nearly all held in Holland. The third mortgage of
$6,00u,030 ha-* the additional security of the $1,E0),0Q0 first mortgage bonds held by its trustees. De¬
fault has been made in the payment of interest since
June, 1872, on nil the issues except the firSt and
second mortgages on Branch Line.' Suits of fore¬
closure are in progress, and the railroad has been
taken possession of by the trustees under the mort¬
gage deeds. (V. 22, p. 38, 155, 209, 281; V. 2i, p. 379;
V. 21, p. 17b, 227.)
St. Paul A Pacific.—The road is in hands of Re¬
ceiver of U. S. Court, and the bonds are all held in
Holland. The mortgage is being foreclosed. (V.
23, p. 233, 428 )
St. Paul A Sioux City.—This company has 756,437
acres of land unsold.
See annual report V. 24, p.
258. (V. 22, p. 470; V. 24, p. 298.)
Sandusky, Mansfield A Newark.—This road is one
of the Baltimore & Ohio system; it is leased to the
Central Ohio, and the lease guaranteed by Baltimore
& Ohio. (V. 19, p. 584.)
Savannah A Charleston.— Interest in default Road
in hands of State Comptroller. (V. 20, p. 453, 491;
V. 21, p. 16; V. 22, p.615.)
.
Sav mnah A Memphis.—Defaulted after the crisis
of 1873. A funding proposition was offered. (V.
19, p. 366 )
Schuylkill Valley.—Leased to Philadelphia & Read¬
with 10 per cent dividends.
ing,
Seaboard A Roanoke.—Net earnings year ending
March 1, 1875, $181,152. Report V. 21, p. 27G.
Selma A Gulf—Interest in default. Foreclosure
(nding. (V. 24, p. 299.)
50
1,000
500
100 Ac.
500
1,000
50
100
1870
1869
....
....
....
....
....
....
....
1871
1871
1871
i 868
9 jo
1868
1872
1866
1868
1870
1873
1867
1870
1874
1869
1872
1870
1868
1868
183
183
57
57
69
316
116
87
170
170
600
24
257
.
.
.„
1875
....
50
500 Ac.
1,000
500 Ac.
100
100 Ac.
500 Ac.
500 Ac.
1,000
1,000
100
Various
500
5*00
100
1,000
500 Ac.
500 Ac.
500 Ac.
1.000
100 Ac.
....
1,000
1,000
500 Ac.
....
100
....
....
481-2
7
30
81
81
....
20
20
80
73
441
441
414
50
1871
1865
1875
1875
1867
1876
....
....
100 Ac,
1,000
500 Ac.
100
1,000
1.000
50
....
50
1869
1873
1875
1875
1875
1876
7
7.
7
7
rv
4
1,000
1,6*00
3,000
1,000
*
•
•
•
l,428j000
6,556,000
5,032,000
10,000 p.m.
1900
1901
St. Paul, Office.
Oct., 1876
1st N. Bk.,Sandusky, O.
N. Y., Union Trust Co.
Oct. 1, 1875
2^
4
7
8
8
7
8
7
3
7 g.
7
8
7
4
7
6
6
7 g.
8
7
1
5 g.
6
r?
4
7
6
8 g.
6 g7
7 7
7
7 g.
7 g.
8
7
6 g.
7 g.
3^
7
7
7
5
4
7
7
3
7
5
7
7
6 g.
6 g.
7
7
City A St. Paw?.—There are also $502,000 2d
bonds.
Somerset.—1This road is leased to Maine Central.
South Carolina.—Gross earnings in 1376, $1,126,437; operating expenses, $547,752; net earnings,
$47.J,r>84 (a decrease of $102,835 from 1875.) Annual
report in V. 22. p. 398, and V. 24, p. 345.
South & North Alabama.—This road is leased and
operated by the Louisville & Nashvil'e, which guar¬
antees the bonds.
Preferred stock, $1,500,000.
Southern of Long Island.--This is successor of
South Side, and is leased to L. I. Railroad. There
are also $60,000 6 p c. mortg. bonds on Rockaway
Branch, and $61,300 7 p. c. on Southern Hempstead
Branch.
extension into New
York Stite for Lehigh Valley, which company en¬
dorses $400,000 of second mortgage bonds.
South Iowa A Cedar Rapids.—In progress. Ot¬
tumwa to Cedar
Q-J.
J.
A
J.
J.
M.
M.
J.
M.
J..
M.
J.
A.
M.
J.
J.
A.
F.
J.
J.
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
A
J.
S.
S.
J.
N.
J.
N.
J.
O.
S.
J.
J.
A. A
A. A
A
A
A
A
A
A
J.
M.
J.
J.
M.
M.
Rapids, la.
July, 1902
Charleston, 1 st Nat. Bk. March 1, 1877
New York.
Sept. 1, 1899
do
N.
1889
Jan.
N.Y.,Lancaster, B. A Co.
Philadelphia, Ofiice.
May 1, 1890
Jan., 1877
Nov. 1, 1876
1880
Y., Imp. A Trad. Bk.
New York.
New York.
New York, Office.
do
do
do
do
O.
A. Philadelphia,Treasurer.
do
do
J.
D. N. Y., City Nat. Bank.
O.
do
do
O. N. Y., N.Bk. of Com’ree.
J. N. H., Nat. N. H. Bank.
do
do
S.
J. N. Y., Nat. Park Bank.
J. U.S. Treas., at maturity
N. N. Y., Metropol. N. Bk.
N.
do
do
Q.-F. Charleston,S.W.RR Bk.
Jan.
1, 1890
Sept. 1, 1889
Jail. 1, 1872
Jan. 1, 1861
April 1, 1887
Feb., 1877
July, 1901
June, 1884
October, 1896
April 1, 1889
Jan., 1877
Sept. 1, 1880
Jan. 1, 1898
Jan. 1, 1898
1901
1891
1871
Nov.,
•Tnnft,
May,
J. A J.
London.
1878 to ’88
J. A J.
New York.
1878 to ’88
do
A. A O.
Oct. 1, 1902
A. A O.
Charleston.
April, 1891
do
J. A J.
1880 and 1892
J. A J. N. Y., Drexel, M. A Co. Jan. 1, 1890
M. A N. London, Baring Bros.
M. A S. N. Y., Gallatin Nat. B’k Mar. 1, 1887
do
do
M. A N.
May 3, 1900
do
do
M. A N.
Nov. 1, 1879
F. A A. N. Y., Vermilyo A Co.
Aug. 1, 1899
do
M. A S.
do
Mar. 1, 1882
M. A N.
May 1, 1900
A. A O. N. Y , P.M. Myers A Co.
1878 to ’88
do
do
J. A J.
1890
A. A 0.1 N. Y., C. P. Huntington. April 1, 1905
M. A S.
Mar. 1, 1900
.). A D. Savannah.Cent.RR. Ga. Dec 30, 1876
Macon.
Various
1886
J. A J. Boston, Eliot Nat. Bank July 1/83 to’93
J. A J.
New York.
1885
J. A J. N Y., Central Pacific.
January, 1905
J. A D. N.Y., D. L. A W.ItR. Co. Dec. 15, 1875
do
do
,T. A 1).
Juno, 1887
do
do
A. A O.
1906
F. A A. Philadelphia. A Boston. Feb. 16, 1877
Jan. 1, 1904
J. A J. Boston, N. Y. A Pliila.
J. A J. N.Y.,Farmers L.A T.Co. Sept. 15, 1876
A. A O.
do
v
do
July, 1879
.
1893
M. A S. Phila., N.York ALondon March 1, 1905
do
do
J. A D.
Juno 1, 1905
July. New YorkA Philad’phia Jail. 1, 1915
J. A J. N. Y., Farm. L. A Tr.Co
Southern Minnesota.—Sold and re-organized. Land
grant is about 1,790,000 acres. (Y. 20. p. 63, 291, 571;
Y. 21, p. 78; V. 23, p. 62; V. 24, p. 11, 198, 227.)
Southern Pacific (Cal.)—This road is in p-ogress;
built by a Construction Go., and controlled by Cen¬
tral Pacific parties. The stock paid in is $31,064,800.
In 1875 6, on 392 miles operated, the gross earnings
were
gold.
$2,168,839 gold, and net earnings, $1,020,509,
(V. 22, p. 281, 375; V. 23, p.‘304; V. 24, p.
299.)
Southern Pennsylvania.— This is a mining and rail¬
road company, re-organized in 1872 after foreclosure
under s.;c >nd mortgage. The road is leased by the
Cumberland Valley.
Southwestern Georgia.—Leased to Central
Dividends 8
a
year
Georgia.
to every 10 per cent on Central
Georgia stock, but 7 per year guaranteed.
partite” bonds issued; see Central Georgia.
Springfield, Athol A
‘‘Tri¬
Northeastern.—(V. 21,
p.
590; Y. 24, p. 198.)
Sterling Mountain.—Cost of road and equipment,
$502,468. Net earnings 1872-3, $15,673.
Stockton A Copperojw'is.—Defaulted
and old bonds of $1,000,000 exchanged
July, 1874,
for present.
(V. 21, p. 159, 169, 316.)
Syracuse, Binghamton A New Fori.—Operated by
Del. L. & W. Last dividend (in 1875; 4 per cent.
Summit Branch—1.his is a coal road, and lease
Lykens Valley.
Not. earnings in 1875, $498,841.
Terre Haute A Indianapolis.—Gross
earnings,
1874-5, $1,011,570; expenses, $720,291; net earnings,
$291,275.
Texas A Pacific.—A full account of the company
given in the annual report in Chkonicle, V. 23,
206. Gross earnings, 1875-6, $1,564,624; operat¬
ing expenses, $891,882; net earnings, $Q72.742. (V.
20, p. 63; V. 21, p. 229, 324; V. 22, p. 536, t07; V.
23, p. 160, 206,279.)
Texas Western.—This narrow-gauge road is in
progress (See Y. S3, P. 149,152, 526.)
is
p.
an
1881
1892
1892
1892
1894
1894
S. N.Y., J.S. K*imedvA Co.
do
du
J.
In default.
D.
do
I).
do
A.
do
N.
do
do
bonds, $14-1,000 equipment, and $^86,600 in¬
Southern Central.—Forms
Jan. 1, 1897
May 1, 1898
A D.
A J.
Lands
p.
do “
J.
J.
Net earnings in 1875 were *75,745.
unsold, 515,215acres. (Y. 20, p. 544; Y. 22,
568.)
come
do
Dividend.
7
7
Great Western, and “ rental trust bonds ” issued.
Gross earnings 1375, $201,039; net. $114,699.
Share Line.- Leased to New York & New Haven
at $100,0JO per year.
Old stock was exchanged for
new in July, 1873.
(V. 2J, p. 63.)
Sioux City A Pacific.— For year ending June 30,
1874. gross earnings were $319,819, and net earnings
$56,115. Pays 7 p. c. on pref. stock. $169,800, semi¬
annually, A. & O. (V. 22, p. 515, 599.)
Sioux
Y., Third Nat. Bank.
Stocks—Lae
1898
Selma, Marion A Memphis.—Defaulted 1872. Re¬
ceiver, May, 1876. (V. 19, p. 366; V. 22, p. 487.)
Selim, Rome A Dalton.—This was formerly the
Interest in default,
Alabama & Tennessee River.
and road to he sold.
(V. 19, p. 40.)
Shamokin Va.ley A Pottsvi le.—Leased February.
1861, to Northern Central,at 7 per cent on bonds and
6 per cent on stock.
Sheboygan A Fan da Lac.—Went to default, 1873.
A funding plan was offered. (V. 24, p. 198, 345.)
Shenango A Alleghany.—Leased to Atlantic &
mort.
M. A
J. A
J. A
J. A
F. A
M. A
Payable, and by
Whom.
dO
7
6
7
7
8 g.
■
,,
J. A J. N.
M. A N.
O
16,000 p.m.
16,000 p.m.
838,500
211,000
3,000,000
869,150
1,991,000
750,000
691,000
800,000
1,000,000
200,000
1,629,000
1,628,020
500,000
1,240,000
450,000
5,819/275
1,482,666
1,051,500
1,206,500
1,054,500
64,000
391,000
5,355,000
750,000
1,500,000
405,050
1,500,000
600,000
1,500,000
3,340,000
1,252,000
24,000,000
625,000
3,892,300
399,000
416,000
350,000
509,000
2,001,000
Where
M. A N.
8
1,278400
270,000
1,750,000
4,125,000
800,000
1,988,150
800,000
800,000
When
Payable
pal, When Due
7
O
'210;000
1,000
1,000
....
242
....
mortgage S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I
Southern Central (N. Y.)—1st mortgage
2d mort. gold ($100,000 end. by Lehigh Y. RIL).
Southern Iowa A Cedar Rapids—1st mort., gold—
Southern Minnesota— Ist mortgage
2d mortgage
Southern Pacific (Cat.)— 1st mortgage, gold
Southern Pennsylvania—1st mortgage, gold
Southwestern (Ga.j—Stock, guarant’tl 7 per annum
Company bonds, convertible into stock at par—
Springfield Athol A N. E.—1st mortgage
Sterling Mountain (AM’.)—1st mortgage
Stockton A Coppcropolis—1st mort., (guar, by C. P.)
Syracuse Binghamton A X. 1.—Stock
2d mortgage (now first)
100
J....
....
122
....
by Alabama.
1,000
....
1865
1868
242
2d
5,700,000
....
Sterling mortgage, guaranteed by L. AN.
Southern of Long
250 Ac.
50
50
105
....
I’d grant
dollar bonds (IJ.
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
So. A No. Alabama—1st M., endorsed
1868
32
1st mortgage
South Carolin a—Stock.. T.
1st mort gage, sterling loan
250 Ac.
2,114,000
1,500,000
1,700,000
3871
1861
1871
1869
Lac—1st mortgage
2d mortgage (government subsidy)
Sioux City A St. Paul— 1st mortgage, gold,
1st mortgage, currency, for $2,100,000
Somerset.—1 sf mortgage, gold
250 Ac.
250 &e.
4
366,000
1,096,000
....
40
50
100
100
gold, on road and lands
Sheboygan A Fond du
per
Cent.
1867
1868
....
Seaboard a Roanoke—Stock
ist mortgage
Selma A Gulf— 1st mort., guar, by Alabama
Selma Marion A Memph is— 1st mort., end. by Ala..
Selma Rome A Dalton— 1st mortgage
2d mort,, Alabama & Tenn. River RR
General mortgage for $5,000,000
Shamokin Valley A Pottsville—Stock
*Rate
158
158
101
40
23
80
Savannah^A Memphis—lnt mortgage, end. by State
Amount
T*ables.
Bonds—Princi¬
INTEREST OR DIVIDENDS
Outstanding
Xxvii
,
RAILROAD STOCKS AND
xxviii
giving Immediate
Subscribers 'will confer a great favor by
explanation of column headings, Ac., see notes
at the head of first page
of tables.
Miles
Date
of
of
Road. Bonds.
preferred
preferred
2d
1st mortgage (W. Div.)
1st mortgage (E. Div.)... *
2d mortgage (W. Div.) convertible
116*2
110%
116*2
227
10
Consolidated mortgage (f<>r $0 200 non)
1st mortgage (Burlington Div.) —
21
35
35
Toledo, Tiffin d East.—1st mortgage
Troy d Boston—Stock
1st mortgage,
Size, or
247
247
217
Peoria if* Warsaw—Sto^k
1st
consolidated
1866
1864
1866
1870
1871
1872
2*6
Troy Union—1st mortgage, guaranteed, Troy City.
29
1871
Tuckerton—1st mortgage
1,038
Union Pacific—Stock
1st mortgage, goM, on road and equipment
1,038 1866-9
1
2d
do
(government subsidy)
1874
3d
do
on road (2d on land), sinking fund. ; 1,038
1
1867-9
Land grant bonds on 12,000,000 acres
1871
Omaha bridge bds, st’g, (s.f. about $50,000 yrly).
100
1866
Union Pacific, Central Branch—1st mort., gold
100 ’66-7-8
2d mortgage (government subsidy)
....
United N. J. RR. d Canal Companies—Stock
General mortgage, coupon
Co.’s
....
sterling loan mortgage, sinking fund
do
do
do
do
dollar loan, mortgage
....
....
bond to State of New Jersey
mortgage, sterl’g, s. fd. (£138,500).
.
3 6*2
75
75
Utah Central—1st mortgage, gold
Utica <t Black River—Stock
1st mortgage bonds of July, 1808
Mortgage bonds, 2d issue
Utica, Ithaca d Elmira—1st mortgage, sterling
Valley (Va.)
67
Bonds, guaranteed by Vermont Central
Missisquoi Railroad bonds
Termont Central— 1st mortgage, consolidated
2d mortgage, consolidated
Equipment loans
Stanstead, S. & Chambly bonds
a
Income and extension bonds (to pay tloat’g debt).
Vermont d* Massachusetts—Stock
1st mortgage (sinking fund $7,000 per year)
a
„
m
.
Convertible bonds
SO
140
1 to
140
140
2d series (blue endorsed)
3d
do (black endorsed)
4th do (not endorsed)
Special loan, funding mortgage
Waoash—1st mortgage (Toledo A Illinois)
..
Equipment bonds (T. A W.)
Decatur A E. St. L.)
East St. Louis)
Valley (N.Y.)—1st mortgage
Toledo, Peoria & Warsaw.—Interest in default
December, 1873.
Passed into receiver’s hands
February, 1874. Foreclosure suite commenced 1875.
(V. 21, p. 160, 372, 505, 592, 614; V. 22, p. 159, 297; V.
23, p. 266.)
Toledo Tiffin & East.—Sold in foreclosure July,
1876. (V. 23, p. 63.)
Ti'oy & Boston.—V?ith leased roads forms a line
from Troy, N. Y., to North Adams, Mass. In 1S73-74
gross earnings were $530,310; operating expenses,
fa83.S79. There are a few of old 1st ana 2a mort¬
bonds yet outstanding.
Troy Union.—A. short road in Troy city. Bonds
issued by city and guaranteed by several roads.
Tuckerton.—From New Jersey Southern Railroad
to Tuckerton, N. J. Net earnings 1873, $7,759.
75
167
180
33
29
75
167
180
242
490
109
18
18
18
35
Washington City, Va. Mid. d Gt. Southern—Stock...
2d mortgage, O. A A. RR
1st and 3d mortgage, O. A A. RR
4th mortgage, O. A A. RR
gage
80
77
do
Vicksburg d Meridian—1st series (red endorsed)
Walkiil
1,000
1,000
1,000
1,000
1,000
1,000
1,800,000
1,600,000
1,300,000
] ,500,000
100
1,009,000
1,384,000
500 Ac.
100
680,000
408,000
30,745,000
27,232,000
1,000
27,232,000
14,188,000
1,000
7,404,000
£200
2,279,000
1,600,000
1,600,000
19,890,400
1,000
1,000
100
1871
1871
1871
1871
1871
1871
1834-7
1,000
100
1,000
310
....
....
1871
1871
1866
1866
1866-9
1867
1872
1865
1869
1872
1866
1866
1866
1866
1871
1853
1853
1863
1865
1862
185S
1858
1859
1803
1807
1869
1855
1870
1875
1871
1871
1855
1858
1S60
5,000,000
450,000
100,000
1,000,000
1,770,720
500
500
100
100
500
100
Ac.
Ac.
Ac.
Ac,
Ac.
Ac.
1,000
100
100 Ac.
500
-
1,000
500 Ac.
1,000
1,000
912,000
1,500,000
3,000,000
3,000,000
1,500,000
500,000
3,000,000
1,500,000
1,500,000
444,100
1,508,600
2,860,000
550,000
200,000
150,000
717,500
850,000
145,000
100 Ac.
100 Ac.
1,162,700
217,400
1,000
1,000
1,000
1,000
900,000
2,500.000
1,000
250 Ac.
100 Ac.
1,000
100 Ac,
300,000
1,000,000
1.000
1,000
100
«...
500 Ac.
100
....
2,490,000
500,000
1,500,000
2,500,000
000,000
2,010,000
2,700,000
(?)
1,800,000
750,000
000,000
700,000
2,692,539
1,200,000
654,000
700,000
-
and increased to 8 per cent October. 1875. The
United States Attorney-General has a suit pending
for $1,040,056 against the company as 5 per cent of
its net
earnings. (V. 21, p. 64, 105, 245, 302, 372, 467,
536; V. 22. p.- Ill, 182, 234, 257, 400, 415, 472, 545;
V. 23. p. 104, 112. 206, 330,472, 50«, 623.)
Union Pacific Central Branch.—This was formerly
the Atchison & Pike’s
Stocks—Last
York, Co.’s office.
do
do
do
do
do
do
do
do
Feb. 1, 1890
Dec. 1, 1894
April 1, 1880
May 2, 19io
June 1, 1901
Troy, Company’s Office.
N. Y., Nat. B’k of Com.
New York and Boston.
do
J. A J.
do
U.S. Treas., at maturity.
M. A S. New York and Boston.
do
do
A. A O.
A. A O. London, L. A S. Fr. Bk.
M. A N. N. Y., Company’s Office.
U.S. Treas., at maturity.
Q—J. Pliila. aud N. Y. Offices.
M. A S.
Philadelphia, Office.
A. A 0.
do
do
M. A S.
London.
do
M. A S.
F. A A.
Philadelphia.
Due 90 days after demand.
London.
F. A A.
F. A A.
Philadelphia Office.
Princeton. N. J.
J. A D.
M. A N.
Philadelphia Office.
F. A A. N. Y., B’k of Commerce.
A. A O.
do
do
Salt Lake City.
J. A J.
Utica.
J. A D.
Utica and New York.
J. A J.
do
do
J. A J.
J. A J. London, H.S. King A Co.
Baltimore.
J. A D. Boston, E. Blake A Co.
J. A J. Boston,Nat.Bk.of Redm
J. A J. Boston, Globe Nat. Bk.
M. A N. Boston.Nat.Bk of Redm
do
do
J. A D.
do
do
M. A N.
do
do
J. A J.
do
do
M. A N.
A. A O.
Boston, Office.
do
do
J. A J.
do
do
J. A J.
do
do
J. A J.
J. A J. Phila , Girard Nat. B’k.
do
do
J. A J.
J. A J. Pliila., Girard Nat. B’k.
do
do
A. A 0.
do
do
J. A J.
N. Y., Office of Co.
F. A A.
F. A A.
do
do
do
do
F. A A.
M. A N. N. Y., Metropolitan B’k.
do
do
F. A A.
M. A N.
do
do
do
do
M. A N.
do
M. A N.
do
do
M. A N.
do
Q.-F. New York, Office of Co.
do
do
F. A A.
April 1, 1902
Feb. 1,1877
1894
do
do
1882
....
A. A O.
Phila., Sate Deposit Co.
Q.-J.
....
g.
g-
g.
4
8
7
7
7
8
7
8
2j2
.
3*2
7
7
7
....
6
6 A 8
8
United New Jersey Railroad & Canal Companies.
—riUe Camden & Amboy Raiiroad and branches,
Delaware & Raritan Canal, and New Jersey Railroad
form the United Companies of New Jersey. They
were leased to Pennsylvania Railroad, Oct. 20, 1871,
at 10 per cent on stock and assumption of all lia¬
bilities. In 1874 the gross earnings were $10,( 21,488;
operating expenses, $7,098,449; net, $2,933,039, leav¬
ing a loss to lessees of $31,161 after paying inter¬
est and dividends. The loans due in February and
April 1875, were paid off and bonds of 1871 increased
by $2,300,000, issued in London.
November, 1875.
The sisking fund is $30,000 yearly
(V. 21, p. 16; V. 23, p. 16.)
Valley (Fa.).—This road was built chiefly by sub¬
scription of Balt. & Ohio RR., Baltimore city, and
Virginia counties. Operation of the road by Balti¬
more & Ohio was discontinued, and temporary lease
made to Shenandoah Valley Railroad.
(V. 20, p. 16,
453; V. 21, p. 396; V..22, p. 463, 559, 591, 607.)
Vermont & Canada.—Under lease to Vermont
Central, and proposed to be sold to same for $8,000,000 in 6 p. c. bonds; but still in litigation (V. 19, p.
40, 504; V. 20, p. 16, 141, 419, 445, 468, 492; V. 21, p.
442; V. 23, p. 500, 623.)
}
Vermont Central.—In 1872 the Company went to
default on interest, and has since been in numerous
complications. A new corporation under the name
of Central Vermont has been formed, with $2,000,000
Peak road. Interest in de¬ paid-up capital, and assumed obligations of the old
April 1, 1910
April 1, 1877
1890 to 1899
....
g.
g-
Utah Central.—Salt Lake to Ogden.
In 1872-3
Pacific—Gross earnings in 1876 weie net earnings were $20o,358.
$12,886,658, against $11,9)3.832 in 1S75; net earn¬
Utica & Black River.— Gross receipts 1875-6,
ings, $7,618,647, against $7,011,781.
The per¬ $491,571; expenses, $287,372; dividends disbursed,
centage of operating expenses to gross earn¬ $106,149. (V. 22, p. 207.)
ings was 4P5» per cent in 1875 and 4G’8S per
cent in 1876. Land sales in 1876, 125.905 acres at
Utica, Rhaca & Elmira.—The road was completed
dends at 6 per cent per year were begun in July,
New
O
6
7
7
7
7
7
7
8
7
7
7
7
7
7
7
7
7
7
7
A A.
A J.
M. A S.
fault since November, 1873. Gross earnings 1874-75,
$113,519; expenses, $123,188. (V. 17, p. 588, 834; V.
20, p. 8,314; Y. 21, p. 612; V. 22, p. 111,545; V.23,
p. 159.)
from 1878.
pal, When Due.
Dividend.
J.
6
6
6
6
7
6
6
6
6
6
7
6
3
7
7
7
200,000
1868
1871
1872
1873
Whom.
7
7
6
7
6 g.
5,300,000
2,000,000
154,000
1,000
Payable, and by
F.
Union
$2 98>4 per acre, or $376,540. Total sales to Jan. 1,
1877, 1,319,848 acres for $5,711,552. Land notes and
contracts on hand, January 1, 1877, $3,182,931.
The suit to recover for Government IraHspartation
was decided by the United States Supreme Court
in favor of this company. Nov. 29, 1875, includ¬
ing the important ruling that interest on the Gov¬
ernment loan is not payable till the principal is
ane
in
1896-99.
Abstract of last report V.
226.
21, p.
The annual report gives no
general balance sheet nor income account. Divi¬
Bonds—Princi¬
4
2*2
1,800,000
1,000
M. A N.
J. A D.
A. A O.
8
7
8 g.
6 g.
6
500,000
670,340
1862
1868
1868
1870
J. A D.
A. A O.
« g.
6
1,846,000
.
Where
Payable
F. A A.
7
7
7
7
7
7
250,000
801,000
650,000
When
Jan., 1870
1.000,000
500 Ac.
73
Vermont & Canada—Stock
Consol, mort., (on all but
1st mortgage, (Decatur A
New Wabash mortgagee
Warren (V.J.)—Stock
2d mortgage
1st consol, mortgage
1,700,000
866,000
r
1st mortgage (Lake Erie, Wabash A St. Louis)
1st mortgage (Great Western of 1850)
1st mortgage (Quincy A Toledo)
1st mortgage (Illinois A Southern Iowa)
2d mortgage (Toledo A Wabash)
2d mortgage (Wabash A Western)
2d mortgage (Great Western of 1859)
$3,000,000
100
10O
Rate per
Cent.
1,700,000
do
plain bonds
do
do
do
consol, mort. (sink’g fund after 18S0)
N. J. RR. A T. Co., 2d loan (now 1st), plain
do
do
3d loan due State of N. J
do
$100
....
United Co.’s mortgage, sinking fund, registered..
Joint
Outstanding
1,000
....
Amount
Par
Value.
1,000
1874
Convertible bonds
do
do
do
do
notice ot any error discovered In tbese Tables.
INTEREST OR DIVIDENDS.
DESCRIPTION.
For
[April 28, 1877.
BONDS
■
A.
A.
M.
A.
A
A
A
A
O. N.Y., Del., L. A W. RR.
do
do
O.
do
do
S.
O. N.Y., Bull’s Head Bank.
Mcli. 1, 1894
1887
April, 1890,
May 1, 1895
1890, ’97, ’98
Apl. 10, 1877
Mcb.
Oct.
Mcb.
Moh.
Feb.
1,
1,
1,
1,
1901
1894
1894
1894
1, 1888
1880
Feb.
1, 1878
Jan, 1, 1889
Nov. 1, 1889
Aug. 1, 1878
Overdue.
Jan. 1, 1890
Dec., 1876
July, 1878
July, 1891
Jan.
1, 1902
June 1, 1872
July 1. 1891
Jan. 1, 1891
Nov. 1, 1886
1891
1876 to 1889
Jan. 1, 1887
1902
Apl.
July
July
July
Jan.
Jan.
Jan.
Jan.
7,
1,
1,
1.
1,
1,
1,
1,
1876
1883
1879
1885
1890
1890
1890
1890
1880
Aug. 1, 1890
Aug. 1, 18Q0
Aug., 1888
Nov/1, 1896
Aug. 1, 1882
Nov. 1, 1878
Nov. 1, 1878
May 1, 1896
May, 1883
Feb,, 1907
Aug., 1889
Oct., I 876
1900
1905
1806
....
J. A J.
M. A N.
M. A. S.
Balt., R. Garrett A Sons Jan. 1 1875
do
do
May 1, 1873
do
do
Sept. 1, 1880
Vermont Central.
Foreclosure in progress on
2d mortgage.
The plan for re-organization is given
in V. 23, p. 370.
(V. 20, p. 16,141, 186, 314, 358, 492,
547, 504, 616; V. 21, p. 38, 245, 418, 490; V. 22, p. 110,
589; V. 23, p. 40, 370, 623.)
Vermont & Massachusetts.—This road is leased to
the Fitchburg RR. Co. for 999 years, commencing
Jan. 1, 1874; they paying interest on the debt and 4
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the re¬
mainder of the lease, exclusive of all taxes.
Vicksburg & Meridian.—Net earnings year end¬
ing March 1, 1876, were $194,099. Coupons are paid
2 per cent cash, balance scrip.
Coupons of July,
1874, and April, 1815, were passed.
(V. 20, p. 591;
V. 21, p.207; V.23, p. «2.)
Wabash.—'This is the Toledo Wabash & Western
re-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 1873. The scheme
for funding coupons under new plan is in V.24, p.80.
Operations of Tol. W. & W. for four years com¬
pared as follows:
1875-6
1873
1872
1871
Gross
Operating
earnings.
expenses.
$4,234,214
$3,519,764
5,7:38,807
6,008,978
5,736,666
4,407,378
4,365,144
3,776,828
Net
earnings.
$714,450
1,331,429
1,613,834
1,959,838
(V. 23, p. 16, 6 3, 160, 301, 353, 379, 526, 549, 599,
616, 647; V 24, p. 40, 80, 275, 299.)
Warren (V. J.).—Leased to Delaware, Lackawanna
& Western at 7 per cent on stock and bonds. Net
earnings in 1875, $241,050.
WaUkill Valley.—Foreclosed under a second
mort¬
November, 1875. Noticed for sale under first
mortgage, April 26, 1877. (V. 21, p. 442; V. 22, p. 42,
209; V. 24, p. 347, 370.)
Washington City, Virginia Midland & Great South¬
ern— Gross earnings year
ending Sept. 30, 1875,
$1,033,980; expenses, $672,367; net earnings, $401,The company has been assisted by Balt. & 0..
612.
gage
I
—
-
Subscribers will confer a great favor by giving immediate notice of any error discovered In these Tables.
DESCRIPTION.
For
explanation of column headings, &c., see notes
at tlie head of first page or tables.
BondtS—Princi¬
INTEREST OR DIVIDENDS.
Date Size, or
pal,
When Due.
Amount
Rate per When Where Payable, and by
Stocks—Last
of
Par
Outstanding
Whom.
Dividend.
Cent.
Bonds. Value.
Payable
Miles road orcan’l
of
1
Washington City, Ya. Mid. <6 Gt.
Funded interest, O. & A. RR
1st mortgage, O., A. & M. RR
So.—(Continued)—
gold, Wash. C., Va. Mid. & Gt. South’ll
Lynchburg & Danville, 1st mort., guar., coup
Westchester & Philadelphia—Preferred stock
Gen. mort.,
1st
West
mort.,guar,
mortgage, unendorsed
2d
do
endorsed by Baltimore
2d
do
endorsed by Washington County
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
4th
do
for Baltimore City stock
Western Pennsylvania—1st mortgage
..
mortgage, Pittsburg Branch
60
33
(33
172
32
204
138
11(3
44
160
90
90
90
90
90
90
90
57
28
General mortgage
Williams ton <k Tarboro—1st mortgage
Wilmington, Columbia <6 Augusta
4
1st mortgage...
Income bonds
Wilmington <£ Weldon—Stock
Sterling bonds
4i5'7« Q.5Q
• • •
500 &c.
1871
188
1861
1866
1869
1871
1872
100 Sic.
50
500 &c.
500 &c.
500 &c.
500 &c.
1,100,000
1,359,750
400,000
1,000,000
1.000,000
4,000,000
(340,000
1,000
1873
-
o
1,000
920,000
750T00
600,000
1,200,000
1867
300;000
1870
1870
500 &c.
100 See.
3,200.000
1,456,200
TTg
800,000
648,700
221,400
749^000
Sinking fund b onds, gold
Wisconsin Central— 1st mortgage,
gold, land grant.
Worcester & Nashua—Stock
Bonds ($125,000 are 7 per cent)
Bonds
300
<sc
Rochester—Stock
do
Istm., guar, (for
1871
45
i
4,618,500
1,789,800
350,000
250,000
400,000
900,305
700,500
100
1873
1875
Bonds
Nashua
do
$700,000)
Meh. 1, 1882
May 1, 1903
April 1, 1896
Jan. 10,1877
April 1, 1891
Feb. 10,1877
Mcli., 1883
Jan., 1896
Oct., 1890
Jan. 1, 1886
do
N.
do
do
O.
do
J.
Philadelphia, Office.
do
O.
do
A. Phila.-Pa.RRCo. Office
S.
do
do
do
J.
do
do
do
O.
J. New York and London.
J. New York, Office of Co.
1902
Atlanta, Co.’s Office.
Oct. ’76 to ’91
J. New York Si Savannah.
O.
do
do
do
O.
clo
J. Balt., N. Mechanics’ B’k
J.
do
do
do
do
J,
J.
Hagerstown.
J. Balt., N. Mechanics’ B’k
J.
do
do
J.
do
do
O.
Philadelphia, Office.
do
J.
do
do
do
& N. New York, J. M. Pickrell
&
&
&
&
&
&
&
&
&
&
&
&
Oct. 1, 1890
Jan. 1, 1890
Jan. 1, 1890
Jan., 1890
Jau., 1890
Jan., 1895
Jan., 1900
Jan., 1902
April 1, 1893
Jan. 1, 1896
....
M.
J. & D.
May 1, 1900
June, 1900
Balt., Safe Deposit Co.
(300 OOO
Too
181
181
do
do
6
1,000,000
1,200,000
350,000
500 &c.
A.
A.
J.
J.
J.
J.
J.
J.
J.
A.
J.
6
6
6
6
6
6
(3
7
8
7
J. Balt., R. Garrett Si Sons
&
&
&
Si
&
&
&
&
&
&
&
Q-J.
J.
8
8
8
6
300,000
600,000
875,000
1,000,000
1,000
M.
A.
J.
A.
F.
M.
J.
A.
J.
J.
4
7
3
6
(3
7
7 g.
7 g.
7 g.
10
200,000
400,000
1868
1870
1872
1863
1865
•
OOO
1866
1870
1858
J.
7
7 g.
1,(350,000
1,500,000
526,500
821 TOO
■
Jersey—Stock
by Cent, of Ga. and Ga. RR. & B. Co.
Western Maryland— 1st mort., endorsed Balt. City..
1st
65^
27
Consol, bonds, gold
Western <£ Atlantic (Ga)—Income Ronds
Western (Ala.)—1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
1st
1867
1873
1871
33(3
mortgage, new
Loan of 1883, guaranteed by Camden & Amboy..
1st mortgage loan
;
consolidated
1st
do
West Wisconsin—1st mort., gold, s. fd., 1. gr., conv..
1st mortgage, gold extension, coupon or regist’d .
2d
«
$*
*P
48
48
1874
14
14
1856
500 &c.
6
J. & D.
J. & J.
London.
M. & N.
do
J. & J. N. Y., Nat. B’k Republic
J. & J.
Boston, Office.
J. & J.
Worcester, Office.
do
do
Various
A. & O. Bost., Globe Nat. Bank.
F. & A.
do
do
A. & 0.
A. & 0. Bost., Globe Nat. Bank.
3
6
J.
J.
6
7
7
7
2
6 &
7
7
3
g.
g.
g.
g.
7
Dec., 1876
1881
1886
1896
July 1, 1901
July 1, 1876
1881 & 1887
April 1, 1893
Feb. 1, 1895
April, 1877
April 1, 1894
CANAL.
Chesapeake eC Delaware—Stock
1st mortgage (originally $2,800,000)
Chesapeake & Ohio—Stock
Maryland loan, sinking fund
Guaranteed sterling loan
Bonds having next preference
60
60
148
148
148
do
do
do
do
Debentures of 1878
148
Mortgage loan of 1894, coup and rog
Lehigh Coal <£ Navigation—Stock
Loan, conv., coup., gold (assumed L. Si W. Coal Co)
1st mortgage, registered
1st mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumed C. RR. of N. J.)
1867
1869
1871
1873
1874
Greenwood
1872
Monongahela Navigation Co.—Stock
1st mortgage
8383
103
103
103
103
Morris—Stock, consolidated
(for $1,000,000)
Schuylkill Navigation—Stock,
common
.
R000
1,000
1,000
327
327
1,000
1,000
1,000
1,000
1,000
1,000
1862
1,115,000
717,000
1,004,300
103,000
1,025,000
1,175,000
785,000
236,965
100
1876
1865
1867
various.
various.
50
50
mortgage, extended
2d mortgage
....
....
11
„
1,000
1,000
3,990,392
M. Si
1st and 3d
mortgages, placed together, were
6s, and $600,000 3d 8s,
originally $400,000 1st
ceiver ordered te pap on O.
(V. 22, p. 15, 591; V. 23, p.
& A. 1st and 2d morts.
550.)
Western & Atlantic—This road is owned by State
of Georgia, and leased at $300,000 per annum.
Lessees nave issued the income bonds. (V. 22, p.
136.)
J.
J.
J.
J.
F.
J.
J.
F.
F.
Westchester & Philadelphia.—'Net earnings 1875-6,
$143,652. (V. 22, p. 304; V. 24, p. 62.)
West Jersey.—Gross earnings, 1876, $731,011; ex¬
penses, $463,371; net, $267,636- Net profit above
interest and rentals, $83,668.
(Y. 2*2, p. 1232; V.
24, p. 249.)
West Wisconsin.—The company defaulted on inter¬
est due Jan. 1. 1875, and funded nine coupons from
that date. The following is from the official state¬
ment: Since its
organization the company has
issu-d $4,000,000 gold first mortgage land grant
bonds, of which $3,815,500 are outstanding; $610,000
Southern extension bonds, of which $370,000 are
held as collateral security by floating debt creditors;
$2,510,000 seven per cent gold consolidated bonds,
of which $1,471,000 are held as collateral to the float¬
ing debt. The other debts of the company on Jan.
1, 1875, were as follows: Bills payable, $1,080,9*21.
There are collaterals belonging to the company held
for these, as follows: Southern extension bonds,
$370,000; consolidated bonds,$1,471.000; and200 cars;
other items of debt, $1,826,141.
Earnings, 1874,
c
$884,9*20; operating expenses, $697,107; net earnings,
$187,812. For full particulars see V. 20, p. 77,291,314;
V. 21, p. 396; V. 22, p. 521; V. 23. p. 304, 330, 472.
Western Alabama.—Sold in foreclosure, April 19,
1875, and bought by Central Ga. and Georgia Rail¬
roads. (Y. 20, p. 398, 405, 445.)
No
recent financial information.
Wilmington Columbia & Augusta.—Leases and
the Wil. & Weldon. In 1875-6 earnings
were $116,633 net.
There are certificates’of indebt¬
edness for $336,000. ^Y. 221 p. 15.)
operates
Wilmington & Weldon.—Leased December, 1872,
Columbia & Augusta road at 7 per
earnings 1875-6, $238,977.
all liabilities.
(Y. 22,
p.
J. &
Wisconsin Central.
Defaulted July, 1875, and
funded 9 coupons.
Has since built 72 miles, and
has more in progress, paid for out of bond sales
3ince default.
(Y. 29, p. 291, 571; V. 21, p. 245,
324; V. 23, p. 478.)
Worcester & Nashua.—Guarantees the stock and
Rochester, leased. (V. 21, p,
bonds of Nashua &
590; Y. 22, p. 515; Y. 24, p. 153.)
CANAL*
Chesvpcake <&Delaware.—Delaware City to Chesa¬
peake City, Md. (V. 18, p. 582).
1877
1884
1891
April, 1878
1894
do
do
do
do
do
do
1894
1884
1897
1897
1877
1882
June 1,1911
1892
’
July, 1876
July 1,1887
Aug. 4, 1876
Aug. 4,1876
—
Oct., 1885
Feb., 1889
....
Philadelphia, Office.
J.
do
do
do
do
do
do
do
do
July, 1910
Aug. 1, 1876
Aug. 1, 1876
March, 1897
1882 to 1907
Chesapeake & Ohio— Gross receipts, 1875, #473,218,
Paid on bonds, $2:53,940. (V. 24, p.
net, $254,175.
369.)
Delaware Div.—Leased to Leh'gh C. & N. Co.,
interest on bonds, and 8 per cent a year on stock.
at
Del. & Hudson Canal.—This Co., which is among
the largest miners and carriers of coal, leases the Alb.
& Susq. and Renss. & Sar. Railroads. Also endorses
bonds of N. Y. & Canada RR. The Annual report for
1876 is given at much length in V. 24, p. 179.
(V.
2*2, p. 469; V. 23, p. 101, 303; V. 24, p. 227.)
Lehigh Coal & Navigation.—Gros3 receipts in 1876
$1 ,7.32,004; expenses, int. and dividends, $1,724,390,
excess of the former, $7,614.
The Central R.R. ot
N J. assumes (in purchase of equipment), $2,310,000
gold loan due 1897, leases the Lehigh & Sus¬
quehanna Rail Road, and operates the Lehigh Canal.
The Lehigh & Wilkes-Barre Coal Go. assumes $500,
000 of the gold loan due 1897, and $711,000 (all) of the
convertible gold loan due 1894, and has also leased
tbe coal lands of the Company. (7. 22, p. 27 9; V.
24, p. 247.)
of the
Monongahela
Navigation
Company.—Receipts,
1875, $196,576; expenses, $80,487;
Net
1G )
July 1,1878
Aug. 1, 1876
Sept. 2, 1876
D.
D.
D.
D.
Philadelphia, Office.
do
do
A.
J.
Pittsburg, Office.
J. N. Y., N. Bk. of Com Tee.
A. Leh. Val. RR. Co., PliHa
do
do
A.
j Q.—M.
1
Pennsylvania.—The Pennsylvania RR.,
$972,650 stock out of the total amount
of $1,02*2.450, $148,000 of branch bonds, anu all of
$1,200,000 general mortgage bonds; net earnings
1875, $182,059. (V. 22, p. 206.)
owns
assumes
&
&
&
&
&
&
&
&
Si
J. & J.
sc F. & A.
sc F. & A.
Western
Lessee
do
do
do
do
do
do
S.
....
.
and January, 1874, in January, 1877. Annual report
for last fiscal year, to September 30, 1876. shows
gross receipts, $311,90*2; expenses, $215,556; net
receipts, $96,346. (V. 22, p. 207; V. 23, p. 498.)
to Wilmington,
cent on stock.
1870
1890
1885
Feb. 4,1877
Philadelphia, OlHce.
A. & O. Leh. Yal.RR. Co., Phila.
do
do
F. & A.
Western Maryland.—This company was
Williamston <fc Tarboro.—Road in progress.
July, 1886
....
.
sisted
lessee,
do
Balt., A. Brown & Sons.
Q-J.
Q-F.
largely as¬
by the city of Baltimore, which has also
some of which have been
exchanged for general bought its overdue coupons. The only bonds re¬
mortgage bonds, but are deposited in escrow only. maining in default for interest to their holders are
The president, Mr. John S. Barbour, was appointed the second preferred unendorsed, and on those5
receiver in July, 1876. Interest in default, but re¬ payment was made of coupons due July, 1873,
The
do
do
do
J.
A. N. Y., Bk. of Commerce.
do
N.
do
do
do
J.
J.
do
do
O. N. Y., olfice, 71 B’way.
do
do
0.
&
&
&
Si
&
&
Si
Q-M.
7
7
6
3,000,000
949,748 33c. in
3,155,650 00c. in
6
1,709,380
50
108
-
-
103,164
4,480,405
1,000
Preferred stock
1st
762,779
41,550
1,000
Too
J.
F.
M.
J.
J.
A.
A.
6 g.
6
6
6 g.
6
6
7
7
4
6
2
5
2,000,000
4,(358,500
June, 1873
Philadelphia, Office.
London.
J. & J. Balt., A. Brown Si Sons.
F. & A.
Philadelphia, Office.
1J2
5,381,963
50
1869
scrip dividend
Pennsylvania—Stock
i;ooo
50
1872
1871
mortgage, registered
800,000
20,000,000
1,500,000
3,500,000
5,000,000
372,000
4,744,000
10,448,550
771,000
& D.
Si J.
Q- J.
Q-J.
(5
5
(3
4
6
4
7
7
7
7
7
1,633,350
1,000
Too
1,000
153
Loan
Loan extension, convertible till December, 1877.
Consolidated mortgage loan
mortgage, interest guaranteed by Penn. RR
8 229 594
50
1858
*
1st
‘25
2,000,000
mortgage, registered
Preferred stock
New mortgage
Boat loan
Preferred stock
1,880,800
1,997,872
50
4'375;000
l'099,500
Delaware Division—Stock
1st mortgage
Delaware (Cr Hudson—Stock
1st
Vario’s
dividends, $90,387.
Morris.—Leased April, 18 0, to Lehigh Valley Rail¬
road for 999 years.
The lessees assume bonds and
scrip, and pay 10 per cent per annum on preferred
stock, and 4 on consolidated stock. (V. 12, p. 714).
Pennsylvania Cinal.—Worked in interest of Penn.
interest on bonds. An old
mortgage of 'l;C,000 is clue in 1887. Gross receipts
1875, $441,069; payments, including interest, &e.,
$138,997.
RR. which guarantees
Schuylkill Navigation Company— Leased from
1870, to Philadelphia & Reading for 999
years, at annual rent of $655,000, including certain
real and personal property conveyed to Philadelphia
<& Reading. (Last annual report in V. 22, p. 493.)
June 1,
,
!
CANAL AND MISCELLANEOUS STOCKS AND BONDS.
XXX
Subscribers will confer a great favor
[April 28, 1877.
by giving Immediate notice of any error discovered in these Tables.
INTEREST OR DIVIDENDS.
DESCRIPTION.
notes
For explanation of column headings, Ac., see
at the head of first page of tables.
Miles Date Size, or
Amount
Rate per When
of
of
Par
Where
Cent.
Canal. Bonds
Value. Outstanding
Payable
Payable, and by
Whom.
Bon rf«—Princi¬
pal, when Due.
Stocks—Last
Dividend.
OA IV A L-CoiKinued.
Schuylkill Nuv.—( Continued) —Mortgage bonds...
Improvement bonds
Boat and ear loan
Boat and car loan
1*8*70
....
1863
1864
....
,
....
1,000
1,000
1,000
45
5 usq itch a n na—St ock
50
1839
1859
1841-4
1872
Maryland loan, 2d mortgage
Susquehanna Canal, common bonds, 3d mort
<1 o
prof., 3d. TyW. priority b’ds..
bonds of 1872
do
$....
....
Union—1st mortgage
ill I>CEL!<ANECUS
Adam ■ Express Company—8toek
85
100
100
25
100
100
Express—St ock
American Coal (Maryland)—Stock
Atlantic A Pacific Telegraph- Stock
Boston Wider Power
1874
Mortgage bonds (for $2,800,000)
Company—Stock
fund ono-lifth of land sales)
(for $2,500,000)
do
Maryland—Stock
mortgage (corvertible)
mortgage, cor solidated, convertible
1
Consolidation Coal of
1st
1st
j
1
RR., 1st mort., end. C. Co. (s.f., rents on$220,163)1
2d mort., g., end., (s. f. ground rents on $144,800)j
Mortgage bonds, gold sixes
Union
1
1
Cumberland Coal and Iron—1st mortgage
do
do
2d mortgage
Cumberland Coal d Iron Company—Stock
Preferred stock
Mortgage bonds (tor
Company—Stock
!
i
$500,000)
|
j
j
!
Maryland Coal—Stock
Mercantile Trust—Real estate 1st mortgage bauds
Pacific Mail Steamship Company—Stock
Bonds, coupon or registered (for $2,000,000)
Pennsylvania Coal—Stock
1st mortgage bonds
Pennsylvania Anthracite Coal—Stock
1st mortgage bonds
Producers' Consolidated Land <£• Petroleum
25
£200
1,000
500 Ac,
,500 Ac,
100
1864
1872
1852
1869
1868
1871
1871
1874
1875
1873
1875
1,000
1,000
1,00*0
1,000
1,000
1,000
1,000
1,000
£200
1875
1,000
100
1876
500 Ac.
100
1,000
50
' 1861
Stock
100
I
100
100
100
stock
2d mortgage, gold
Southern d-Atlantic
*
50
100
United States
100
100
._
Bonds, coup or reg., conv. till May. 1885, s. f. 1 p. c
Sterling bonds, coup, (sinking fund 1 percent, per annum)!
Wil/cesbarre Coal—Stock
1
Susquehanna & Tide Wafer — Leased and operated
by Philadelphia A Reading Railroad for interest on
bonds and half of net earnings.
Union Can'll.—Stock, $2,907,850.
'
DIISCELLANEOIS.
reference to the
19, p. 270.
Coa>.—The report for 1876 showed gross
Adam* Express Company.—A
euit of Dinsmore and others in V.
American
receipts, $531,333; net,
*
*25
Telegraph—Guaranteed stock. .
Spring Mountain Coal—Stock,guar’d 7 p. e. by L. V. RR...
Express—Stock
Wells, Fargo efi Company Express—Stock
Western Union Telegraph —Stock
Real estate bonds, gold, sinking fiuid..
6
7
6
Philadelphia, Office.
do
do
do
A *J.
A J.
A J.
A J.
A N.
$25,399. ( /. 22, p. ISO; V.
24, p. 248.)
Atlantic & Pacific Telegraph.—Of
12,000,000
2
Q.-M.
18,000,000
1,500,000
3
J. A J.
M. A 8.
4
10,500,000
do
do
do
Phila. and Baltimore.
do
do
do
do
do
do
Philadelphia, Office.
1872
1875
1875
1,000
1.000
£100 Ac
100
7
1895
May, 1880
May, 1913
May, 1915
Jan.,’i*885
Jan. 1,1878
Jan., 1894
Jan., 1902
May 1, 1883
J.
A D.
J.
J.
J.
M.
M.
J.
J.
J.
F.
A.
M.
A.
J.
M.
J.
J.
J.
A
A
A
A
A
A
A
Boston, Office.
Nov. 1, 1876
Jan. 2, 1877
Mar. 10,1876
1872
Nov. 12, 1872
do
June, 1884
Y., Company’s Office.
do
New York,
do
Office.
“
*6g.
6 g.
6
6 g.
2*2
10,250,000
7
6
6
6
6
8
7
7
7
10
9
387,000
363,000
137,000
498,000
500,000
400,000
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
g.
g.
g.
g.
10
1
* J. London, Brown,
J.
J.
N.
S.
J.
J.
New York
or
S. A Co
London.
London.
N.Y.,Co.’s Office, 71 B’y.
do
do
do
do
New
A J.
A
A
A
A
A
A
do
do
do
do
A.
0.
York, Office.
N. N. Y., at Ill. Cent. RR.
O. New York and London.
J.
do
do
8.
do
do
A J.
St. Louis.
A J. Lond., J. 8.Morgan A Co.
A J.
St. Louis.
Q.-F.
Boston.
5,000,000
(?)
4,400,000
1,695,000
20,000,000
(?)
5,000,000
.
J.
7
3
7
5
7
1900
2, 1877
Jan., 1885
Jan. 1, 1897
1879
Feb., 1879
Jan.
Oct.
15, 1875
Nov., 1893
Mar.
1, 1886
Jan.
1,
Feb.
*1888
1,’1877
New York.
Jan. 1,1886
Jan. 31, 1876
Various New York and London.
Jn 5 years.
Sept., 1869
March, 1886
8.
Q.-F.
"7*g.
2^2
4
2
4
N. Y., Ill
do
New York, Office.
N. Y., Farm L. A T. Co.
4
do
do
do
do
di
do
do
do
do
do
Q.-F.
A
A
A
A
A
do
1877
Aug. 1, 1881
1*893
Q.-j.
M.
F.
F.
A.
A.
Broadway,
I eh. 1.
N.
A.
A.
O.
0.
Jan. 20, 1877
Feb. 15, 1877
May 15, 1881
Feb.
15,1887
Aug. 15, 1892
April 1, 1885
Oct. 15, 1878
J. A* * J. N. Y., Company’s Office.
1879
A. A O. N.Y., West. Union Tel
April, 1877
J. A D. N. Y., Company’s Office. Dec. 11,1876
New York, Office.
Nov. 15, 1876
J. A J.
New York, Office.
Jan. 15, 1877
New York, Office.
Q.-J.
Apl. 15, 1877
M. A N. N. Y.. Union Trust Co.
May, 1902
M. A N. N. Y., Treasurer’s Office
May, 1900
M. A 8. London. Morton, R.ACo March 1,1900
M. A N.'
Philadelphia.
....
1^
7 g.
r+
x
i
*
A J.
F. A A.
2
8
8
8
7 g.
7
584,000
948,000
1,500,000
7,000,000
5,000,000
33,787,475
1,498,000
3,988,000
1,001,160
3,400,000
1900
-
July 1, 1901
....
M.-A
*6*
204.500
603,000
4,291,300
5r708,700
1, 1904
..
1H
2,000,000
1,000,000
2,500,000
5,938,200
298,000
432,000
l/1904
Jan.
Jan.
10,000,000
6 g.
5
Cary Improvement Co.- Assets April, 1875, $298,694; liabilities, $165,009.
Conso'idation Coa\—Annual report for 4876 in V.
24. p. 213, showing gross receipts. $1,924,253; ex¬
penses, $1,416,156; net, $5^8,09». Consol, mortgage
bonds are held to retire old bond*. Guarantees also
bonds of the Cumberland & Penn., and assumes
$135,00) Un. Mining Co. bonds. (V. 22, p. 279, 415,
471; V. 23, p. 207; Vr. 24; p. 18!, 226, 248.)
Illinois <£ St. Loirs
1875
The
N.
16* *a.
4,000,000
1,740,000
1,107,500
584,000
661,000
900,000
598,000
886,000
J
j
convertible
Preferred stock
J.
J.
J.
J.
M.
6
481.500
j
j
Bonds, 2d series
Quicksilver Alining Company—1Common
"6*
7,620,000
100
100
' 1876
Pullman Palace Car—Stock
Bonds, 41 li series
Bonds, sterling debenture,
Bonds, debenture
1873
1874
1,000
100
Dunleith <e Dubuque. Bridge—Ponds, sinking fund
1
Illinois <£ St. Louts Bridge—1st mortgage coupon, s. fund..'
2d mortgage, coupon
1
3d mortgage, coupon
;
4th mortgage
St. Louis Tunnel PR.—1st mortgage sterling, sink. fund.
do
do
2d mortgage
Iowa RR. Land Co.—Stock
Mariposa Land d- l ining
6
G
7
260,000
756,650
628,100
2,002,746
1,000,000
1,320,000
325,310
250,000
3,000,000
.
A mcrica n
Canton Improvement
ling bonds
b
Sterling
(sinking
J. A J.
M. A N.
M. A N.
M. A N.
6,
$1,148,000
Bridge. —Interest passed July,
and Tunnel Railroad are in hands
this stock the of Messrs. Bridge
Morgan and Humphreys, trustees. (V.
Union Pacific Railroad holds $2,420yOiX). Annual
29, p. 544; V. 21, p. 349; V. 23, p. 14.)
report V. 22, p. 42*2. (V. 22, p. 483, 567; V. 23, p.
160, 525; V. 24, p. 158, 180, 293 )
Mariposa Land & Wining Co.—Assessments made
Boston Water Power Co.—Annual report in V. *22, on the shares from time to time, the last due Feb.
p 494.
Interest duo Dec , 1870, unpaid. (V. 23, 17, 1377. (V. 23, p. 112, 329; V. 24, p. 128.)
p. 183; V. 24, p. 111.)
Maryland Cod'—Balauce sheet, V. 24, p. 226.
Canton Improvement Co..—The annual report for
vear ending May 31, 1876, is in V. 22, p. 613.
Of the
Pacific Mail Steamship Co.—Change of manage¬
$2,500,000 mortgage $630,090 is reserved to pay ster¬
Report of old Board. V. 22. p.
ling loan'. The Company owns $594,OiK) stock of ment, May, 1876.
i
Pennsylvania
Coal.—This company operates a
of 47 miles connecting its coal
mines with its Branch of 16 miles, from Ilawley to
Lackawaxen, which is leased to Erie Railway Co.
gravity railroad
Pennsylvania Anthracite Coal.—This Company’s
stock and bonds admitted to N. Y. Stock
Feb., 1877. (V. 21, p. 112.)
p.
Board
Pullman Palace Car Company.—Report in V. 23,
492; last year in V. 21, p. 467.
Quicksilver Mining Company.—Annual report for
lft75. with balance sheet, &c., m V. 22, p. 303. Sec
V. 19, p. 584; V.20, p. 141, 429, 538; Y. 22, p. 233, 303.
Spring Mountain Coal Company.—This is guar¬
Lehigh Valley RR.
anteed 7 per year till 1885 by
'
Union Railroad Co.
its bonds.
out of $600,000, and guarantees
(V. 20, n Vi 546; y. 22, p. 613 )
543. (V. 22, p. 42, 257, 281, 305, 368,513, 5 4 3,
591; V. 24, p. 3 2 L)
United States Express.—New stock of $1,000 000
issued. (Y. 22, p. 159; Y. 23, p. 87.)
Western
Union
$7,287,735 of its
Telegraph.—’The company holds
own stock, making the total
In May, 1876, purchased control of
Southern & Atlantic Company, and leased it. (V.
22, p. 136, 175. 182, 257, 368, 563, 591; V. 28, p. 63, 87,
10230, 330, 378, 599; V. 24, p. 158, 250 )
$41,073,410.
@FedFRASER