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Hptaut

nksta'
OF TIIK

im

COMMERCIAL

FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTU
Famished Gratis

NEW

to all Sabscriben of the Chronicle.

YORK, APRIL

J.&W. Seligman&Cc,

FISK

BANKERS,

AMca, Autnlli

Am«nw.

Dnw BUIj of Xzekwic* and aaka talegraptale traumonay on loropa and

California.

We glre particular

or

.

Pal* DP,

-

•

•

.

.....

$9,000,000 Gold.
'*
8,138,626

Kaccbange bought and aold. Commercial
Cradlta granted. Draft! on Canada tuned, Bills collected, and otber Banking business transacted.
Bill! o(

WALTER WATSON,"fAKentB.
.„.„,.
I

WK.

J.

and are prepared, at ail times, to
or imall smojots, to snlt all claaaes of Inreitors.
Orders by mall or telegraph will receire careful atten-

&

G.

S.

82 Lombard

shall

receive deposits

and remittances subject to draft, and allow Interest
to be credited monthly, on balances averaging, for the
month, from tl.OOO to t5,000, at the rate of three per
cent per annum, and on baiancaa averaging over
19,000, at the rate of f oar per cent.

riSK

dc

St.

G. C. Ward,
Asurra roB

BtRINO BROTHERS & OOniPANY,
fS WALL STREET, NEW TOBK,
SB STATE STB EST, BOSTON.

Adolph Boissevain & Co.
BANK BR 8

1

Simmon's Bdildins, 40

Co.,

No. 8 'Wall Street, Vetr York,
No. 4 Poat Offlee Sqnare. Boaton.
CHEQUES AND CABLE TKAN3FEI1S ON
nUNROE 4c CO., PAKI!*.
8TKBL1NO CHEQUES ON
ALEXANDERS, CrNLIPFES * CO.
Iiondon.
SIXTY DAV 8TEKLING ON THE

Orders for

CXBOnLAR >10TE8 AND CKKOITS TOR TBAVSLKBS

Flnt.Class Securities eiscated

all

Commission.

&

Parker
BANAKB8,

Bny and

Mak-t ColKctlons

throughout the Continent

ol

Make PtTnients on

Letters of Credit to Travelers
and tranaact a general American Banking Bnslress.
Kefer by special permission to Mesars. Blake
Brothers & Co., Boston and New 1 ork, and to Messrs
B. It W. Welsh, Philadelphia

Winslow, Lanier

&

Co.,

BANKERS,
*J

PINE 8TBKKT,

NEW

YORK,

KecelTe the accounts of ioterior basJu, bsnken
corporations and Mercbantii.
Agenti for the sale of City, Oonnty, and Kailroad
Bonds ; Issue Letters of Credit for foreign travei.

LONDON CORRESPONDENTS

OITT RANK.

Tbr«adsieadl« Street.

CHAKL.ES OTIS,
47

and Gas Stocks,
SpecUIty for 10 Yeara.
Bee «MiUUon« of " Local SeennUes' Jn UUt paper

&

Brewster, Basset

Co.,

BANKERS.
No. 86

CONGRESS STRBBT,
Boston, Hass.

Dealers in Stocks, Bonds, Gold and

Commereu:

paper.

Orders exseuted on Commission at Brokers

Boanl

Auctions, and Prlrato Sale.

Investment Secnrltles conetantlTnn hand.

Kidder, Peabody

&

Co.,

BOSTON, HASS.
LmSBS OF CBBDIT
ALL FASTS OF TBS WOBLD.

COMMXBOIAI, AXD CiaOTJJUl
IIC

OS LoKDOv, Pabis, and oTHsm CoNTX^raaTAX
CiTias or Erxora.

S,

New ¥ork.

Neiv York

Ofllce,

Draw Exchange on Unton Bank of London.
Accounti ot Banks, Bankers and others reoelved
npon favorable terms.
Interest Allowed on Balances Snbject to Drafts at
Sight.

Advaaces made upon Conilgnmentj to oaraddreas
Investment Becarltleu

tiouKtit

BANKEKS
2

6c

BALTIICORE.

Co.,

INVKSTMBNT
Correspondence

N. ^

.

GOVffrT.

and Bond*

and

Information

fnr.

COBBaspoNDiNTS— McKlm Brothers A Co.

J.

No. 319

Bell

Austin,

STOCK BROKER,

T^ALNCT STREET^
Phlladelpbla.

Bought and Sold on Commission, and

J.OANn NBGOTIATBD.

VIHOINLA BECDKITIBS a

solicited

alshed.

made on conBlgnmenrs of
Cotton and Tob&ccoto our address; also toonrlrleaas
In Liverpool and London.

Secnrltlea, Gold, Stocks

and

<peclalty.

Liberal cask ndvar.ces

QoTerument

Co.,

BAMKEKS AND BKOKBR8,

AND COMMISSION MERCHANTS

BXCHANGB

&

Wilson, Colston

and Bold.

R. T. Wilson

33 HVall Street.

Fhila. A. Baltimore Baokers.

or to our CorreRpondonta In Europe,

Orders In Stocks and Iionds promptly ezednted st
the Philadelphia and

New York

Boards,

Accounts received and Interest allowed on balances
which may be checked for at Blarht.

Bonds, Stocks, Jewelry,

N. T.

KXCIIANGB FLACK,

City Railroad

and

Cltr

JBxoBAxea

BA NKBR

Europe.

ureatera

Sell

CSSUCD ATAILABLX

No. B2 IVllllam Street,

on Commlsalon American Securities

Sell

Stackpole,

DKV0N8HIBK 8TBBIT
BOSTON,

78

Bar and

oB

Coantr Bonds.

CONSOLIDATED BANK, LONDON.

ooninissioN kierokants, M. K. Jesup, Paton &Co.
In Holland and otl.er Continental Markets.

St.,

Adwancea on Collaterals,
Inwealmemt Secnrltles.

ASS

AMSTERDAM, HOLLAND.

Co.,

WATin

Bnalneaa Paper bon|[ht and sold,
Depoalta received, Oollretlona made,

HATCH.

&

John Munroe

INGRAM,

LONDON AOENCV,

DiiiOT DaaLiHea
MAHxrr iatis
bay or sell la large

MaBKiT.BLa Stock • AND BoMoa.
In our Bahxixo DirAarisuiT we

Canada,
VTAbli STREET.

No.

attention to

be pleased to furnish Information Is
reference to all matters connected with InTsstmenla
In QoTemmcnt Bonds.
We also buy and sell Gold and Gold roupoKS
COLLIOT OlTlDIKDS, and TOWH. COtlNTT and 8TATS
CotrroNS, &c.. and buy and sell, on Co]iaiasio.v, all

Merchants' Bank

Capital.

NEW YORK.

tion.

AOSMCT OF

&

Richardson, Hill
BOSTO\.

IK OoTiiiiiHtiiT Bonds xt ctiauNT

We

e»

& HATCH,

No. 6 .NASSAU ST.,

Issae Letters of Credit for Trarelersj

leri of

Boston Bankeri.

BANKERS,

89 KXCHANG« PLAOB,
CORNKR BHOAO 8TREBT, NBW 10RK.

and

187^

Financial.

Financial.

faytbla In taj part 0( Boropc, AtX*,

29,

Beers, Jr.,

Brooklyn

Stocks,

GAS STOCKS,

tX

WALL STREET.

Dealer In Railroad snd ISTCStmcal Stocks and Bonds

WIULS, Ac,
RECEIVED FOR SATEKEEPINO BT THB

SAFE DEPOSIT
HO, 142

&

146

CO.

OF NEW YORK,

BRO.VDWAY, COR.

UBERTT ST

Francis H. Jenks, Ptesideot.

The

first establlilied

Is the world.

INVESTORS' SUPPLEMENT.

11

Finaocial.
•

Heniy

&

King

S.

r BA

M

KKK8

Co.,

for Qae agalnai

tlie

Loudon

Bank

LONDON, Head Office, 3 Angrel Uonrt.
SAN FRANCISCO Office, 422 California

NEW YORK Agents,

& W.

J.

Antliorlzed Capital,

-

Paid-up and Reserve,

Conalgnmeata of Merchaodiae.
Kxecote Orders on

Southern Bankers.

(LIMITED),

in all parta of the world.

COMMEBCIAl, CREDITS

jAnglo-Calitornian

,

45 Pall ntall, Iioadon, Bnsland.
lune CIltCULAR NOTES ftet oj charge, available
Grant

Western Bankers.
THE

8toclc

Kiebange.

Make CoUecUoni on

Receire, Deposit
all Polnu.
And Current Accounts on favorable terms, and do a

General London and Foreign Bankiog Business.

KING, BAILLIK & CO., Liverpool.
NKW YORK AGENTS,
Mesar*. WARD, CAKIPBELIi & CO.

Seli£;maa

&

GUARANTEED BY THE

Equitable Trust Co.,
$1,000,000 CAPITAI..
THESE REAL ESTATE MORTGAGE BONDS ARE
COMMENDED TO THK ATTENTION OF
THE MOST

SAMUEL WILLKTS,
WM. REMSEN,
CHAS. BUTLEK,

HENRY

JAMES

-

$6,000,000.

-

1,55 0,000,

F. J.

Bbsrt, President.

HAVEN,

MAXWELL,

KQuiuble Trust Company, N 08. 52&54 William

JONATHAN EDWARDS.

$2i0,000.

Capital Stoek,

Special attention given to Collections, and to the
luveetlng of money on brst-class real estate security
for non-residents.

CORRESPONDENTS.

Leonard,

BANKBBB
DALLAS, TBXAS.
Vew York Oorresponlent

Koontse Bn

THE CITY BANK OF HOUSTON.^

HWe

Capital, $600,000,

Te X AS,

OUSTO N,

give special attention to eolleotlons on all s
Ible point*.
DIRECTORS : W. J. Hutchlns, P. W. Gray, JL.»,
Snrke.Cor Bnnis, W. M. Rloe, C. S. Longeope.

i

Tradesmen s National Bank, and Gilman, Son A Co.
New York WoUs. Fargo & Co.'s Bank, San ! ranclsco

B. r.

BSNJ. A. BOTTS.Tresldant. ^j

WBKMS.

Cashier.

;

Sah'i. H.

Kbnxsdt,

CHAS.

I..

Piealdent.

C. DtTPttT,
Cashier.

Capital, $850,000. Limit, $1,000,000,

BANKERS AND BROKERS,
ST. LOUIS,

no.

State National Bank
OF NEW ORLEANS.

I

CFOBMBBLT LoniStANA StaTB BAHK.)

DEFAULTED MISSOURI COUNTY, CITY AND
TOWNSHIP BONDS MADE A SPECIALTY.
ALSO,

RAILROAD BONDS, STOCKS, MISCELLANEOUS
AND LOCAL SECURITIES, ETC.
Our long experience In above class of Securities
enables us to be prepared to make cash bids by wire
to parties giving full description.

street.

SEVEN PER CENT lEN-YEAK BONBS
SECURED BY

FIRST nOBTG AGES Of IITIPROVED
REAl. ESTATE.
QUAP^ANTEED, PRINCIPAL AND INTEREST,
BY ITS

CAPITAL, STOCK OF

$300,000.

Interest Coupons payable Pemi-annu lly.
Bonds
registered to order, or payable lo bearer at option.
Accrued.interesc la not required to be paid by purchaser, The hcxt-due Coupon beirg stamued so as to
denote th it Interest begins at the d.Ieof pu'chase.
A Pamphlet wiih lull infomiHtion will be sent on
pplicatlon to the Company's Oiflce,

Guarantee.

The security of each Bond is not confined a to single
Mortgage, but extends over (ill the Murrgages owned
by the Compa -y. This (;oinpany receives no depo-Us,
guarant- esno OLhei eecuriiies, and has no oth;r debts
than its bonds. Us Uurtgages are of like character to
those which have been bought in the last twenty years
by Indlvld'^als. Life Insurance Companies and other
amount of moie ihun Fifty Mil

lions of uoUar!*, proving a most secure and satiafactor
lite Loans are all upon improved Farms
tn some of the most fertile HVestern ctates, near the
Railroads, with short and perfect titles, and average
less than $6jI) each, upon pronertv worth nearly four
times their amount. Experience has proved that we'I»ele.:tert Mortgages upon this class of properly are
saler than those upon city property, either in the East
or West. They a e notaHected by fires, or by Business
revulsions ; Principal and Interest are more promptly
paid and upon the «u cess of Agri ulture depends
liiat of almost every industrial Investment.

tuvtstment.

;

HENRY 8ALT0NSTALL.
FRANCIS

President.

A. OSBOKN, Treasurer,
TIOK-PBEBIDRNTB:
A. Lawrence,
Geo. c. Richardson,

Thomas Wlggleswortli

Geo. P. Upham.
SIBXOTORS:
Charles L. Flint,
T. JeSorson Coolldge
Henry ^N]tonBtal^
John P. Patnatn,
Charles L. Voung.
J. u. Upham,
ootTNaaL;

Hon. Henry W, Paine, Boston.
SlmsoB B. Baldwin, New Baven.

Co.,

ST, LOI IS, ino.
Gash advanced on Stocks and Bonds

Ghas. F. Pknzkl,

Transacts a Oeneral Banking Business. Collection
made free of charge.
Especial attention given to Collections, and Prompt
Remittances made. Exchange purchased on all points
the United States and Caaad,i.
Sterling aud francs bought and sold.

THOS. P. MILLKK,
T. Walkbk
Ca^l^er.

B. D. WILI.IA1I9,

JNO. W. UILLBB

&

Thos. P. Miller

Co.,

BANKERS,

Savings Bank,

lilTTIiE
CASH CAPITAL

IVOBILE;^ AJLABAinA.
Special attention paid to coUeciiona, with prompt
remittances at current rates of exchange on day of

ROCK, ARK.
fSO.OOO.

Transacts a general banlMngbuslnefia, and matps collections oq all points In the South and bouthwest at
reasonable rates. Accounts of Banks, Bankers, Merchants and others Bollclted.
BoAKDCF UiitHOTORa.— C. F. Penzel,"Wra. Klrten,
Judge U. M. Rose, Jno. K. Geyer.G. W. Johnson, Geo.
Beichardt. J. K. Brodle, A. hehader, Jno, G. Fletcher.
N. Y". CoREKKPONBBNTa. DonneU. Lawson & Co.

& Hannaman,

Smith

CORRESPONDENTS.
LoirDON— London Joint Stock Bank,
Paris— Messrs. A. & M.Heloe.
Nkw Yoek— The Bank of New York, N. B. A.
San Feanoisco— Ihe Bank of California, and The^
Nevada Bank of San Francisco.

left for Sale.

Wm. Kirtkn, Cbkxd
Yice-F resident.

German

INVESTMENT BROKERS,
INDIANAPOLIS, INDIANA.

payment.

—

Curreiipondents.
Germait American Bimk«
Tork; LouUiana National Bank, New Urleana
of Liverpool, Liverpool.

;

New
Bank

James Hunter,
BROKER,
Dealer In Coin, Sonthern Securities and Exchange
Loans Negotiated. Advances made on Securltlta
[Placed In my hands for sale at current rates.
Address,

Sa-vannab, Georgia.

43 milk Street, Boston.
Thete Bonds are commended to the attention of the
MOST CONSEKVATIVK INVkST-iKS, as they are
belttved to be as perfect a security as c;in be obtained.
The iisue of Bonds is limited lo one-half ihe amount
of the same class of Bonds ever Issued under a like

&

Love

BANKEUS AND BROKEIiS.

PrcBldeut.

OFFERS FOR SALE, AT PAR,

Jaines L. Little,

$300,000.

OF DENVER, COLORADO.

President.

THE NEW ENOLAND
Mortgage Security Co.

Amos

Adams &

G. Collins, Cashier.

A. R-.mSEVELT,

.JOHN D.

1 hese Securities bear

Corporations, to the

•---•.

:

EUOEftE KELLY,

GUSTAV H. KISSELL.
Seven Per Cent Interest payable semi annually, and nre oflered for sale at one
hundred and two and int<^reat at the ottlce of the
r.

Texas Banking & Ins. Co.
DIRECTORS J. K. Wallls. M. Quln, E. 8. JemlsOB
Geo. Schneider, R. S. Willis, T. A. Oary, W. K. McAI.
Eine, D. The Ayers, J. Bernstein, J. S. Grlnnan, C. L.
leveiaiid, Peter n. KTiard, J. A McKee.
SotiCial attention given to collections at all points
n trie State, aud remittances promptly made, without
ny cliarge except customary rates of exchange.

FKED'K F. LOW,
{M»n»i.er»
IGSATZ STEINHABT,{"*°°*"'L'LIENTHAL Cashier.

heee Bonds.

All mortgages securing the Bonds are formally approved by the following Executive Board :
ROBERT L. KENNEDY, ADRIAN ISKLIN.

t,

Co.

V. N.

/Irst— They have the individual liability of tbe
maker.
6'econd—Epch bond Is secured by a Grat mortgage 0/

MEKT AT

N.U. Lauvb, Secretary.

GALVESTON, TEXAS.

COSISERVATITE IIWYESTORS.
real estate of not less than double its value.
77Urd— The prompt payment of both principal and
Interest of every bond is j:uaranteed by tliis Company.
The Company guaranteeing tnese Bonds receives no
deposits, owes no money, and incurs no obligations of
any character except those arising from such guaranty
thereby keeping Its whole capital of One Mi.llon
Dollars unimpaired. TO
ALL TIMES the
frumpt pavment of both principal and interest of

W. K.MoALPiNK.Vlce-Prea

Cash Capital,

The Exchange Bank

REAL ESTATE
MORTGAGE BONDS

B. 8. Willis, Pres't.
B. KiUBALL. Cashier.

B.

St.

Transact a general Banking business. Issue Commercial Credits and Bills of Exchange, available in all
pa-ts of the world. Collections and orders for Bonds
Stocks, etc.. executed upon the most favorable terms

S.

[April 23, 1876

T. K. Skinker,
ATTORNEY-AT-LAW,
417 Olive Street,
ST. LOUIS, no
^^" Special attention given to the collection o
intlNIOIPAl. BONDS.
References— J. K. Llenberger, Fras't Third National
Win. t). 'VVaters, Pres't Second Nat.

Banli, St. Louis

Bank.

fct.

Louis

;

;

Hdward

P. Curtis. Cashier Nat. Banlc

of the State ot Mo., St. Louis; Wm. H.
Cashier Boatmen's Saving Bank, St. Louis.

Thomson,

A Solid Twelve Per Cent
Whtle bonds and stocks are the footballs of brokers
the solid Illinois and Missouri TEN PER Ci-NTS
[serU-aimually at iiie American Exchange Nation^
Bank, New York) and our choice Kansas
never failed. Nothing but an earthquake can impair their absolute security; and as to
promptness, ask our New York Bank, our paper is
alicai/s atpar in New York, because always paid at
maturity. Uuve loaned mUllonfi, and not a douar ha;
aver been lost.— For details address ACTUARY of the
Central illinola Loan Agency. Jacksonville, lUlooU

Box

657.

OAYI.ORD,

r At.I>£N
Mlecellaneous Se
O* curtties, No. 33 Wall at., New \ork. (P.O.Box
UfD). Special attention given to St. Louis City and
County Bonds; Miaseurl County, City, Town *an(!
School Bonds. Also, to tbe Bonds and Stocks of the
toiliwlDg KHllroada

:

Atlantic

A

Pnclhc, Missouri

HuQtU Pacific, Kansas Pacific, Denver Pacific,
North MlBSJurf, St. Louis Kane.iis City & Northern.
Refers by permission, to Meur». V/^ S. flichoLB:& Co
Pacific,

E. E. BcRRUsa, Pres't.

BOZ
ti

81.)

Co.,

New York;

Bank,

W^ILiniNUTON, N.
CoUectlona made on

McKim
47

Sontb*

A. K. Walexb, Cashier.

National

First

TWELVK

PER CENTS havu

r. O.

(P. O.

Refers to Beory Talmadge
em Bank, Savannah, Ga.

all parts of

C.

the United States

Brothers

BANKERS,
Wall straat, Naw

&

Co.^

Tork.

Banks, Bankers and Insurance Companies
wishing to purchase OFFICE FUBNITtIRE, will And
a fine assortment, at prices to suit the times, at the
establishment of

T. G.

SELLETT,

103 Fulton

St.,

New York.

rine Cylinder and Boll Desks a Spe dally.

<

Tnksim' ^i||lmrat
OF THK

COHIIERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
Famished Gratis
'

Te"

[BDtered according to ict of Congreu, In the

NEW

1S>6,

to ail Snbwribers of

by Wh. B. Dina

ev TBI

fmmtkl

Chboniclk; no

is

LIbnrUn of Con«re«i, WMhlnttoD, D. C.I

29, 1876.

In State and city bonds there were few
of Cincinnati offered the

new

features.

The city

$3,000,000 of the new $6,000,000
loan for her Southern railroad, the bonds to be issued either as
seven per cent currency or six per cent gold bonds, running not less
first

single copies are sold at the ofBcc, as a sufficient supply is

received,

each for the whole amount; one at 13 100 per cent

premium
premium
premium

for six per cent gold bonds, another at 20^-100 per cent

bach

&

for currency

for either.

Co., of Cinn.,

printed for snhscribers only.

first

Transient advertisements are inserted at twenty-lire cents per line; adrerttaements by the quarter, six months or year, at special rates.

Kuhn, Loeb &

INVESTMENTS

Clironicle.

than thirty years, with the agreement that none of the balance
should be offered before September 1, 1876. Three bids were

€^xm\t\t

ieeaed on the last Saturday of each mont]i, containing
•^mplcte exhibit of the Fnnded Debt of States and Cities, and of the Stocks
•Ad Bonds of Railroad and other Companies.
It is fnmished without extra charge to all regular subscribers of Th«

The Snpp'ement

tlie

Co., la the office of the

YORK, APRIL

INVESTORS' SUPPLEMENT
Camnitrrlal an^

*

bonds,

and a third

at

8-100 per cent

The award was made to Espy, Ileidelfor the entire amount their bid boing the

—

above named; their representatives in this

city are Messrs.
small loan was also ofiertsd in New York
for the city of Logansport, Indiana.
Railroad and miscellaneons stocks were greatly depressed this

Co.

A

APRIL.

month, and in sympathy with stocks the bonds in many cases
investment showed lower prices, and in nearly all cases a much smaller
There were several influences which led to the
securities than any of its predecessors during the current year. volume of sales.
There was at times a fair business in government bonds, but even depression here noticed in the first place there had been a large
for these favored investments the demand was not as large and decline in one or two prominent speculative stocks, especially
steady as it had been previously. Among the principal causes Pacific Mail and Western Union Telegraph, under the direct
for the decline in investment purchases were the depression in attack of speculative parties, and this had more or less influence
Then came the weakening in the coal
stocks, both speculative and other; the unfavorable condition of on the whole market.
mercantile business, and the report of the mercantile agency, railroad stocks which had been ranked among the best investshowing a large number of failures in the first quarter of the ments in this market at 110 to 120; the annual reports for 1875<
year; and the reduction in our city bank reserves in consequence as they came out, showed a bad businnss for that year aud the
of the usual flow of greenbacks towards the country about the payment of dividends out of previous surplus, and this, together
first of April, which often makes the month a dull one in all with the unfavorable prospect for the present year, had the effect
of knocking prices off to an important extent.
Added to the
stock and bond transactions.
As to government bonds, there was a continued demand, but influences just mentioned, came the reports of a breaking up in
not at all steady, and after it was known that Secretary Bristow the " pool" arrangements of the Trunk lines from Chicago eastwould sell the new fives to pay Alabama claims, the market was ward, and a reduction in freight rates with the opening of naviheld in suspense for that until the sale took place on the 24th gation, and this caused a further decline in the stocks principally
inst.
The amount offered was $5,883,000, and bids were required affected Lake Shore and Michigan Central. The market was
to be for not less than |500,000, and payable in gold.
The whole thus given over to the control of the " bear" clique, and at the
amount was bid for by no less than nine parties, and the time of writing (April 27), the decline iu many stocks had been so
large as to su£;ge8t the probability that they were not likely at
details being somewhat interesting we give them as follows
Bids were opened at the Treasury on the 34th for IheSe present to go lower. Railroad earnings, so far as reported for
five per cent coupon or registered bonds of the funded loan of the current year, have shown a large improvement over the same
1881, authorized by the acts of July 14, 1870, and January 20, period of 1875, and the latest reports at hand for the first two or
1871, bearing interest payable quarterly from May 1, 1876, in three weeks of April, generally show a continued improvement.
lots of not less than $500,000 to the total amount of $5,883,000. This is quite satisfactory, as it is assumed that the percentage of
The following were the bidders.
operating expenses is lower than last year, and tlie net earnings
J. W. Seligman A. Co., $1,000,000 at 108 16-100; $1,000,000 at 103 108-1,000; therefore should be considerably better.
The advanced rates in
$1,000,000 at 108 r-100; $1,000,000 at 103; $500,000 at 104 98-100; $';88,000 at
Wisconsin on the so called granger roads went into effect April 1
Wi a6-100: $tiOO,000 at Uti 91-UX).
L. Von Iloflman & Co.. $5,883,000 at lOS iVlOO.
on passenger traflUc and April 3 on freight, and the companies
Phillip Speyer &, Co., $1.0(10,(KX)at 10i!45-100; $500,000 at lOS 43-100; $500,000
at 108 T-',00; $500,1X101.1 KW 24 -1(W.
anticipate that there will be an average increase on their receipts
FirBt National Hank of New York, $.^,831,000 at 103 29-100
from business within that State of about 12 per cent.
Orocsbcck & Ketchain, $.'>(«I.O(JO at 103 87-100.
Woercshoffer & Co.. S.')(K),(«KI at 103 I514-IOO.
It is noticed as an encouraging feature that there have been
Kidder, I'cabody & Co., $l,«IO.(i(«)at 103 I-IOO.
very few new defaults by railroads since the first of the year,
Kuhn, Loeb & Co.. 8.^,8»j,(i()(l at lOJ 63-100.
Richardson, Hill & Co., f.lOO.OOO at ittS r 100.
and it is hoped from thi.s that almost every road which has stood
Fonte &, French. Boston, S.")(«l,0(K) at 103 87-100.
the test of 1873-1875, will be able to pay its bonded interest
Sichocier Hro8 New York. |5(IO,(KX)a( ;0J.55-;00.
hereafter.
The general effect on railroad business, however, ot
Gallatin National Bank. New York. $5flO,fl(X) at 102J<.
New England Mutual Insurance Company. Boston. $500,000 at 103.
the large number of railroads now insolvent and operated by
Diesel, Morgan & Co., for themselves and associates, $5,883,000, or any part receivers,
can hardly be otherwise than prejudicial. In mercanthereof, at ia3 711i-100, or the vihole amount lit 103 7.1 7-lt>-I(X)
" survival of the fittest" is pointed to as one of
Winslow, Lanier & Co., $l,(XX).cXX) at KiS (ilMOO; $1,000,000 at 10-J W-lOO; tile affairs the
$l,£00,(XX)at lO-iSU-lC); »1.(XH).(XK) at ll« 64-l(X); tI.0O0.O(X) at IDS 7ll-100; $583,- the gradual results to be accomplished by the existing depression,
000 at 104 75-100; or the whole amount at the uvcraije rate of the above
as thi weaker parties go out of business.
But in the case of railMerton, Bliss A Co $1,000,000 at 103 21-100; $1,IXKI,000 at 1(8 15-100; $'.000,OMat lO;) 11-100; $l,OvO,COO at 103 8-100; $1,00<),OJO at lOS 97-100; $883,000 at roads an insolvent corporation does not withdraw from competition, and on the other hand has less to fear than its rivals from a
Tlie

month

of April has

IN

shown

less actlyitj' in

—

—

:

.

,

G. O.

Haven

10? m'!o()*

&

Co.. $500,000 at 10) 85-100; $600,000 at 103 15-100.
"** 34-100; |500,000 at 101 65-100; $500,000 at

'*°°''' *"'"'•''''' "'

»I.00O,0OOat 104 77-100; $1,000,000 at 102 83-100; $1,383,000 at
in?'.'.''.'^''"'^''10! 54-100: »1,!HX),0(X) at 103 42-100; $1.0(X),000 at 103 20-100.
August Belmont
Co., for N. Hothschild & Sons, $5,88:1,000 at 103 71.^-100.

&
The whole amount was awarded

to Drexel,

Morgan &

Co.

shai'p

war

in rates.

The semi. annual statement of the Equitable Trust Company
was noticed in the Chronicle of April 15, on page 368, from
which it appeared that the company had taken, up to March 1,
1376. $6,585,000 of real estate mortgage bonds, and had sold with
its

own guaranty

$5,6tf5,0i>0 of

such bonds.

.. ..

:

.

STOCK AND BOND TABLES.
NOTES.
expressly intended to be used in connection witli tlie information concerning Investment matters, published from week to
:'
in the Cnuosicn;— to wUioIi an index is furaislied In the remarks at tlio foot of tlie tables. Annual reports are In black-faced figures.
" Debt State
foil description of U. S. aovemment Securities is publislied regularly in tlie Chbo>icle each month, as soon as the official

Tboae

week

A

taljle* ai-o

ment" is issued.
Prices of all Stocks and Bonds are quoted weekly in the Chbomcle.
The following will glTO explanations of each column of the tables below
DMcriptJon.—KailroiulH 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," L gr. for " laud grant," reg. for " registered," coup, for " coupon," Br. for " Branch," guar, for " guaranteed,"
«nd. for "endorsed."
. .,
^
^^ .
j ,
,
j
,
*,
Vale of JSondn.—Ttto date of Issue on the face of the bond is referred to in this column.
Milee of 7toa</.— Opposite Stocks, this means the miles of road operated, on which the earnings are based opposite bonds, the miles covered
.

i.

;

"
Sise or Far IVi/iie.—These figures are dollars, showing the denominations or par v<alue. The figures 100, <Scc.," signify $100 and larger.
liale Per C'eji/.—The interest i>er atmitm is given for bonds, but the per cent of Zcwf dividend for stocks ; o means gold x, extra s, stock or scrip.
Aug.; M. & S., March
Sept.; A. & O., April & Oct.; M.
N., May
Nov.; J, dc
When rayable.—J. & J. stands for Jan. & July F. & A., Feb.
;

&

;

&

;

&

&

Dec; Q.— J., qimrterly from January Q.—F., quarterly from Feb.; Q.—M., quarterly from March.
Sondt, prineimtl when due ; Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the tim*

D. June

<k

;

when the last dividend was paid ou

stocl:s.

STATE SECURITIES
confer a great favo- by giving ItnineJlHte notice of any error dt»e»Tered In thewe Tablen.
INTEREST.
Principal when
Size or
Amount
Date of
DESCRIPTIOIT.
Due.
par
Outstanding Tjo+o
When Where Payable and by
Bonds.
Kate.

Snbserlbera

vr^ll

1872
1866
1866
1870
1866
1866
1867
1866
1S68
1872
1873
1874

1 872 and extended
extended
do
Sterling bonds of 1850, extended
Sterling bonds, extended
do
^o

State bonds, due in

do
do

do

do
Bonds of 1866
Bonds of 1868

New 8 per cent, loan of
do
do
New 7 per cent, loan

1872
1873

Educational funded debt
Direct loan to Montgomery
Direct loan to

<fc Eufaula BR.
Alabama & Chattanooga KK.

bond iudorseinents
State certlttcates and Auditor's warrants.

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

'1870

.

1870
1870 to '71

Raili'oad

Arkansas—
Funding bonds

$100&c.
100 &c.
100 &o.

...

473,800
688,000
64,800
82,500
648,000
877,700
500,000
650,000
185,000
765,000
2,810,670
300,000
2,000,000
9,193,000
998,135
3,050,000
1,460,000
2,123,086
300,000

Treasurer's certificates outstanding, Oct. 1,'74
Secured sinking fund bonds (Oct.-Dec, 1874)
To Memphis & Little Rock Railroad
To Little Rock & Fort Smith RaUroad

1,700,280
200,000
1,200.000
1,000,000
1,200,000
600,000
1,350,000

1869 and 1870

To Little Rock, Pine BlulTs & N. Orleans RR.
To Miss., Ouachita & Red River RaUroad
To Arkansas Central Railroad

1874
1860
1870
1870
1870
1870

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

M.
M.
M.

$168,000
1,941,000

1869 to '70 1,000
100 &e.
1871
Levee bonds (or waiTauts)
1838 to '39
Old unfunded debt, incUuliug interest
1872
Ten year bonds for deficiencies
1875
do (for $2,500,000) Aot May 29,'74
do
of

(?)

5
5

500 &c.
1870 to '72
1873
560&C.

State capital bonds

Funded debt bonds

—

of

1873

OonnecliciU
War bonds, 10-20 year
20j'ear
do

20year
10-30year

do
do
de

"I

p

j

2.«
^s'o.S

1861
1863
1864
1864
1865

1,000
1,000
1,000

J

!«•

.].

<fe

Gulf Railroad bonds
of Mar. 12, 1866 (West. & At. RB.)
of Sept., 1870, gold (int. quarterly)
of Oct., '70, gold (int. semi-annual)

500
1866
500 &c.
1870
1,000
1870
1,000
of Jan. 18, '72
1872
Bonds for funding
1873
256&C.
RR. end'sem't8(oiUy $2,418,000 acknowle^g'd) 1870 to '71
Brunswick & Albany Railroad direct bonds.
1870
iiobo
Various.

.

Alabama.

—The commissioners, under law of

Dec.
liquidate and adjust, the legal
the State on its bonds, propose substantially that 30 year bonds bearing S! per cent for
5 years, 3 per cent for next 5 years, 4 per cent for
next 10 years, and 5 per cent for last 10 years, be
exchanged for old bond-, without any allowanco
for past due coupons. The State has been in default since January, 1874. The value of all taxable
property 18 given at $160,000,000; tax rate, ly, mills.
The assessed valuation of real estate in 1875 was
1. 1874, to ascertain,

liabilities of

(V. 20, p. 1.39, SS^•^, 570, 5S1; V. 21, p.
$8:1.851,252.
276, 294, 8i3, 634, 612; V. 22,4). 110, 157, SOi.)

ArkaTtsas.—TiAte of taxation, 5 mills. Unfunded
is mostly held by U. 8.
The State is in default
for interest. By the last assessment for 1872 and
1878 the total valuation of properly was $104,972,329.
Interest was paid .Jan. 1, 1876, on secifred sinking
fund bonds, issued under the law of December, 1874,
Board of Finance was
to pay expenses.
appointed 111 Jaouary, 1875, to confer with bondhulders of the S'..ite and Ihey issued a notice
as quoted in V S\ p. 161. See Cuboniole, V. 19,
p. 167, 189, 637; V. iO, p. 139, 161; V. 21, p. 463,

debt

A

690.

(7ofi/oniia.— California finances appear to be in a
particularly sound condition. The State holds in
trust for School and University funds the $500,000
Capitol bonds and $3,063,000 of. bonds 1873. Total

York.

J.

8

J.

&

J.

do

6
7

J.
J.

&
&

J.
J.

N. Y., Union Trust Co.

M.

do
do
do
do

J.
J.
H.
J.

8'

New

May, 1892
May, 1886
May, 1886
June, 1890
1886
1880
1886
1830
1888
Jan., 1892
1893
1894

York,

1889

do

"7

1899
1900

do

N. Y., Union Trust Co.

1882

10

"7

J.

7
7

A.
A.
A.
A.
A.

7

7
7

568,500
1,741,100

6
6

A.
A.

7

g.

J.
J.

3-65

F.

7
7

J.
J.

6

g.

&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
&
<t
&

J.

New York, Latham, A. & Co,

O.

N. Y., Union Trust Co.

O

6

7

do
do
do
do

O.
O.

O
J

do
do
do
do

Sacramento, Treasury.
do
do
do
do

1883
1885
189S

J

Hartford, Treasury,

July, 1881
Jan., 1883
Jan., 1884

J

do
do
do
do

J.

O.
O.
J,
J.

A.
J.

J
Various
Q.-J.

do
do
do
do

July 1, 1891
do
July 1 1 891
do
Aug. 1, 1924
do
do
Washington, D. C.
July 26, 1892
do
Oct. 1,1 901 to '03
New York and Washington.
189
Washington, D. C.
do
,

N. Y., Importers'

8

A. &"o.

J.
J.

J.

&

Connectiatt.— Tlie debt of Connecticut was all
created for war purposes, and has been reduced
since 1866 from $10,000,000 to the present figures by
sinking fund purchases. The lc'61 bonds are payable at pleasure since July, 1871, and those of 1864
after October, 1874.
Assessed value of real and
personal property, $353,491,451; rate of taxation,!
mill.

District of Columbia. The total assessed value
of taxable real estate in 187S was $9.1,453,634. United
States Attorney-General Pierrepont rendered an
opinion that the faith of the United States
is pledged for the payment of interest on the
3.65 *)onds, but conflicting legal opinions have been
rendered as to the right of New York savings bnnks
to invest in these, as government Isecurities. The
interest due Febraary, 1876, was not paid till March,
as no appropriation was made by Congress. The
total amount of 3-b5 bonds issued to February were
as above. (V. ao, p. 83.
See also V. 19, p. 15, 61,
142. 189, 477; V. SO, p. 239, 446; V. 21, p. 63, 417,
466; V. 82, p. 181.)

1

& Tr. B'k.

7
7g.
?«•

6

1894
1885

Oct.,
Oct.,

N. Y., First National Bank,

& J,
do
do
& J.
F. & A. N. Y., Fourth National B'k.
do
do
J. & J.
Q.-J. N. Y., London or Frankfort
A. & O.
Not paid.

6g.
8g.

1899
1900
1900
1900
AprU, 1900

J.
J.

5, 6, 7-3 Various

valuation of property, 1874, over $600,000,OCO. Tax
rate, 50 cents per $100.
As the debt is now practically extinguished, the
Governor advisee the
gradual cancellation of the bonds held in trust and
the purchase of foreign securities in their place.
(V. 19, p. 3 of advertisements; V. 19, p. 32.)

—

New

J.

7

J.
J.
J.

900,000
3,600,000
2,098.000
1,880,000
307,500
1,100,000
7,545,900
1,500,000

J.

<t J.

*
A.
A
&

,r.

District of

deorffia—
Atlantic &
Bonds, act
Bonds, act
Bonds, act
Bonds, act

do
do
London. Union Bank.
do
do
do

J.

6
6
6

350,000
884,500
4,000,000

New York.

N.
N.

8
8
8

1,318,.500

4,000,000
677,300
13,743,050
152,400
476,000
1,812,300
1,235,824
252,317

N.

1.
A. J.

&

6g.

509,400
877,000

A
&

J.
J.
J.

J.
J.
J.

100 &c,

\o g
" s
100 &c,
Columbia—
500ifec.
1872
Permanent improvement, gold, coupon or reg.
currency
do
1873
do
1874
SO'&c.
Fund. b'dsdI.S. guar.,AetsJuue,'74&Feb.,'75)
1872
50 &c.
Market house bonds, coupon
1871 to '73
Potomac water bonds, coupon
1,000
Washington funding, gold
1872
100 &c.
1828 to '68
Other Washington debt
Corporation of Georgetown
Florida—
1871
Stat© bonds
Consolidated gold bonds
1873
1.000
Loan to Jacksonville, Pensacola & Mobile BR.
1870
1,000
not taxable, 20 year

95,500
500,000
2,801,000

<fe

June

California—
Soldiers' relief

Whom.

Payable

Value.

For explanations sec notes above.

Alabama—

Jan.

1878,

1,

1903

'9, '80,

'l/a

JiUy, 1886
Oct.,

1890

1892
N. Y., Fourth National B'k.
N. Y., Fourth Nat. Bank. April 1,1875 to '86

Not

"d.

Dec.,

paid.

1890

.Koriifa.—Less the sinking fund of $49,900, and J.
and M. loan, the total debt is *l,l'.i9,roO. Real
and personal property are valued about $35,000,000;
tax rate, 7 mills. The loan to J. V. & M. RH. is
secured by mortgage on road, and the question as to
the Sta'e's obligation to the bondholders was before
the United States Supreme Court, and decided in
December, 1875, (V. 21, p. 591), in favor of the
State; no interest has been paid on these bonds
for some years past, and a late decision of the Stato
Supreme Court holds them unconstitutional. (V. 21»
P.

p. 466;

V.

22, p. 158, 233.)

Georgia.—Tb\s is one of the Sonthem States that
has paid the interest on its acknowledged debt, but
the State Legislature declared void all the semiannual gold bonds of 1870 ($1,880,000), and $103,00«
of the Quarterly bonds held by H. Clews & Co.;
the Brnriswick A Albany bonds, $1,500,000; and all
railroad endorsements, except, $1,950.1100 Macon
Brunswick; $194.0)0 Ala. <fc Ohatt.; $-340,001 No.
So. Ga.; and $31,000 Meinpliis Bi-anch. Assessed
value of property in 1874, $a73;000,000; in 1875, $261,7.55,834; rate of tax, four mills.
Macon & Brunswick
Railroad endor..^ement was declared valid by Legislature of 187!. but the later issue of $600,000 was
declared void by the Legislatn-e in 1875. Governor's
Message, V. 22, p 87. (V. 20, p. 83. See also Y.

&
&

19, p.

Ul,

360,

3»; V.

20, p. 241, 326, 570,)

.

STATE SECURITIES.

Apiil 29, 1876]
Snbscriborn will confer a sremt

Aver bj slrlnc

DESCKIPTION.
r explanation

Date of

Size or

Amount

BondD.

par

outJitandlng.

He» notes on flrat page of tables

mtnoit—

,

.

.

Viiliic.

.

1847

Int<Tcst bonds. Inscribed stook

1,000
1,000
1,000

bonds
Normal University bonds
Thornton loan bonds
War bonds
Re(uiLdi'.d stuck

100 4c,

1873

6
6
6

Kanias—
Bonds, 1801 to 'CO, funding,
Military loan

—

1^3

for relief of State Treasury
in aid of varioutt railroads
I^vee bond»-Art 35 of 1865

Bonds
Bonds

Actll5ofl8G7
do
fliHTlal— ict32of 1870
do
Bonds fnndlu).' coupons
do to liiii'ut .V ( tocodile Navigation Co.
ti> .State Poniteutiary
fund lloutiuK debt of State
to Mississippi & Mexican Oulf Canal
to Northern Louisiana & Texas RR. Co.
school & SPinlnary, held by St. Treas..
to N. Orleans, Mobile & Texas RB

Issued

<lo

to

<1(>

ilo

do
<lo

do
do

do

do

do

tf. O. Mob. & Chat. RR. bonds, end. by State.
Consolidated funded bonds

Umne—

isde
1807
1870
1866
1870
18H9
1870
1809
1869

6

101,175
880,000
340,000

6
7

18.57

1870
1871
1809
1874

500

132,!)00

1,000
1,000
1,000

578,000
303,000
578,000
792,500
114,700
80,000
87,000

500
100 JtC.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1851 to '61 .500 &c.
1803
500 &0.
.i.
1803
1,000
> ©JS
1804
500 &0,
if
juc
1808
100 Ac.

bonds
War loan bonds
Bounty loan bonds
do
do

Civil loan

Municipal

7&

1801 to '09 100 &c.
1861to'«i» 100 &c,
1864 to '05

Ac

Bonds for various Wtato punwscs
ijouittiana

910,000

1

war debt assumed

gj

1,800.000

200,000
53,000
181,000
70,000
2,500,000
875,000
9,018,700

71.000
385,000
307,000
2,330,000
2,827,000

^I'tryiand—

*

1838
1838
1838

Ohio Railroad sterling
& Ohio Canal sterling
.-iiisiucbanna & Tide Water Canal
liiiltimore
'Ut'.Hapeake

'

Uailrnad.i

and canals

Ii:il(imore

&

Iicsapoako

liiiUtuinre
\iiuaix)li«

&
&

Canal
Su«(iuchanna Railroad..
Klkridge Railroad
Ohifi

1839
1839
1868
1871
1872
1873

Bounty Loan
and Dumb Asylum Loan

I>i-fciiKC
iii';it

435,000
156,015
31,009
209,000
528,785
298,435
62,015

1839
1837

Su.siiuelmnna Railroad

A

2,5,51,444

Various.

Kastem Shore Railroad
*

2,028,888

.Maryland Hospital Loan, 10-15 years
Marj'laiid State Loan

&
&
A
M. &
J. &

J,
J.
J.

8

N. Y.,

J.
J.
J.
8.
J.

*

J.

M.
H.

6

J.
J.

7
6

Jan.,
Jan.,
Jan.,

do
do
do
do

no
do

J.
J.

&

J.

A

8
"h
8
8

7

N. O., 7x)ulslana Nat. Bank.

do
do

6

A D.
A. A O.
Sg. J. A J
J. A J.
J. A J.
i«- Quart'y
A. A O.
5
6
6

J.

3
6

G
6

Quart'.T
A. A O

225,000
330,000

6

J.
J.

4,54,361

6

50,000
220,000

5 g.

m:.

6g.

J.
J.
J.

A
A
A

July, 1893
1872 to 1906
188G
May 1, 1907
March 1, 1875
1886 A '88
Jan. 1, 1890
March 1 i 900
May, 1910
1899
1900
1807
July 1, 1910
April, 1911
,

Jan,',

Augusta and Boston.
Boston, Suffolk Bank,
do
de
do
do
Augusta and Boston.

Various
M. A 8.
F. A A.

6

1883 to "(M
1876 to "OT
1884 to "OO

Co.

7>.

7-30

J.

J
J.

1880
1880
1880

1876-7S

do
do

do
do

1878

Various

AN. N. Y., Wlnslow, L. A Co.
A S.
do
do
A J. N. O., Ixinislana Nat. Bank.
A J.
do
do
H. A 8, N. Y.,Wln8low,
A Co.
M. AN.
do
do
M.A 8. N. O., Lonislana Nat. Bank.
A. A O. N. Y., Winslow, h. A Co.
Various N. O., Citizens' Bank of La.
N. Y., Winslow, L. A Co.
J. A J
A. A O.
N. Y., Winslow, L. A Co.
J. A J.

B
8
8

Jan.,

do
do
do
do

N. Y., Donnell, L.

<t

Various
Various

8

Am. Exchange Bank.

New York.

July.
J.
J.

Prlnelnal when
due.

wliom.

Various
Various

3,333.583

lOOAo.

INTEEE8T.
Where pnrablo and by

Payable

6

3,901,738

5,000

When

Bate.

$921,000
286,000
23,000
86,000
142,300

ttidianor-

BondH, short loan
School fund bonds (non-negotiable)

may error dIaeoTered In theae Table*.

fminofllate notice ot

1914

1877-'78

March, 1833
Aug. 15, 1880
June, 1880
Oct.,

1898

1890
1800
1865
1880 A 1890
1800
1890
1885
1890
1890
1875 A '93

London, Baring Bros,
do
do
do
do
Baltimore, State Agent,
do
do
do
do
do
do
do
do
do
do
do
do
do
du
do
do

1885 A '89
AprU. 1882 to '8T

Boston, Treasury.

June, 1877

.

^aititnchttiietls—

Lunatic Hospital (Western Massaobusetts) . .

1857
I^nk Bay Lands Loan
1861 to '62
Tiiiou Fund Loan
,.
1B61
ilo
do
do
1862
'o:ist Defense Loan
1863
itounty Ftmd Loan
1863
Bounty Fund Loan
1864
do sterling
do
1864
War Loan, sterling^
1869
Troy & Greoutleld Railroad loan, sterling
1858 to '01
home
do
do
1801 to '03
sterling
do
do
1808
do
sterling
do
1871
sterling
do
do
1875
dollar bonds! 1873 to '74
do
do
do
do
do
1875
Southern Vermont Railroad Loan...
1800
Norwich & Worcester Railroad Loan
1857
Boston, Hartford & Erie Railroad, sterling. ., 1868 to '69
Harbor Land rmiuovcment (5-20s)
1874
Danvers Lunatic Hospital
1874
Lunatic Hospital, Worcester
1875
New State Prison
1875
Reformatory Prison for Women
1875
I

UMtigan—

Renewal iMav Bonds

1858
1863
1805
1859

Two Million Loan
War Bounty Bonds

Salnte Marie Canal bonds
/IHrwi*.—The debt has been rapidly reduced of
late years, and, without the addition of

new

loans,

soon be extin^tished.
The Illinois Central
Railroad charter tax on eamincfs contributes over
$100,0uO per year to the State revenue. The assc^smcnt of all propertv in 1875 was tt.0!S5,529,858,
will

Municipalities in Illinois are In some localities
heavily incumbered v\ith debt issued to railroads.
<V. 19, p. 15, 38, 526.)

/ndfona.— Tliere are also |l.')9,000 of war bonds.
There it* a question as to the State's ot)ligation 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 1846, will be
found in the Cbronicle, V. 19, p. 49:1; see also p.
.536.
A suit on the quctttion was brou2:ht and decree
of sale oblaineil (V. 81, p. aj; V. 22, p. 104). Taxable valuation, 1875— real estate, 8831,416,973; personal, 5531,667,147;
tions,

$4.04.^), 50.3;

railroads, 8i8,*)6,019;

corpora-

A

law per-

tux

rate.

IK

mills.

rate

of

1,000

500
1,000
1,000
1,000
1,000

500 &c.

ilOO&c
*200
£200 &c
500 Ac.
i!100
2(H) &c.

1,424,000
600,000

888,000
200,000
4,379,500

5

g.

554,180
900,500
2,952,400

A.
A.
A.

1,500,000

1,000
1,000
5,000
1,000

700,000
1,300,000

200.000
400,000

£200

3,599,024

1,000
1,000
1,000
1.000
1,000

400,000
900,000
750,000
1,000.000
300,000

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

104,000
822,000
358,000
40,000
than

eight

per

J.

5

g-

5

g.

J.

^^

^^
5g.
5

g.

6g.

J.
J.

M.
J.

centum

AN.

A J.
A O.
A O.
A O,
A J,
A J.
A J
A J
A O,
A .7
A J
A J
A J
A J
A
A
A
A

per

annum."

A

similar law was passed for counties, which, referring to contracts that have been made for public
Ijuildings. .fcc, says that in counties where such
contracts have been so made, the board of commissioners of such counties are authorized to issue
bonds to an amount not exceeding one-half of one
per centum on the assessed valuation of the pro'iurty of such county, in addition to any loan for said
purpose for which bonds may have been heretofore
issued, negotiated and said. (V. 23, p, 809.)

Manias.— Kansas has but a small State debt, but
the issues of municipal bonds have been large. An
extract from the State Auditor's report was given in
V. aOy p. 14. Tlie valuation of real and personal property In 1873 was $l'il,5i4,.S44; tax rate, 6
mills for State purposes, and an average of .3.78 per
$1110 for ai Ipurposcs.
State funds hold $759,250 of
the bonds. (V. 3J,p. 14.)

mitting towns to issue bonds was passed in isro, the
main section being as follows:
/.oi/i^io.'ta,— The funding bill passed Jan. 24, 1874,
" Section i.—Be if fnnctti b>i the Oenfra'. Atsem- scaled the debt down to t;0 per cent of the face value.
fUy of t/i6 State qf Indianay That any corporated For coupons lacking on bonds funded, similar couptown in this State which shall have heretofore, by ons are cut from the new bonds issued; interest on
the action of its Board of Trustees, commenced the consol bonds is paid in New York, but no intererection of any public buildings, to be used as a est paid on bonds unfunded. Tlie bonds are accordmarket house, engine house or other public pur- ing to the N. O. Stock Kxclmnsce st.ttemeut of April
poses, and shall not have the nocessarv means with 15. Of these the principal amounts not fundable are,
which to complete such building, on the passage of $111.003ofKR. bonds; $»S.llOi)school; $2S0.OOOMiss.
;in ordinance authorizing the same by the Board of
A Mex. (Julf Canal: $80,0iX) Boeuf & Cr. Nav.;
Trustees of said incorporated town, issue the bonds $87.5,001) N. O. M. & Chat, endorsed: and $2.500 000
of sucli town to an amount not cxceedin'4 in the N. U. Mob. & Texas. The same tax of 14"^ mills,
aggregate $10,000, in denominations of not less than in 1,S75 as in 1874 (in 1873 the rate was 21X mills )
$.V* nor more than $500, and nayable at any nlace The total assessed value of real estate In 18^5 was
that may be designated In the bonds; the principal $150,507,07:1: personal, $40.:!19..547; of which Xew
in not less than one year nor more than ten years Orleans had «1»3.46.'!,-W9 of real and $28,118,83.3 of
.ifter the date of such bonds, and the interest,
personal.
The jn'o-s revenue in 1375 was $3,^86,153
annnally or semi-annually, as mav be therein pro- and expenses S.3,18'i,t07.
The $3,500,000 bonds to
vided, to provide the means with which to complete N. O. Mob. A 'Texas Railroad have been declared
such buildings;
pruvideil
that
such bonds void by State Supreme Court, but a re-hearing

jhiU
fcur

not be sold at a price less than ninctycents on the dollar, nor bear a g*eater

,

do
do
do
do
do
do
do
do
do
do
do
do
London, Baring Bros.
do
do
do
do
Boston Trea-iur.v.
Ixmdon, Baring Bros.
do
do
do
do
Boston .Treasury.
do
do
do
do
I.,ondon, Baring Bros.
Boatoa Treasury,
Boston Treasury,
do
do

.1.

.7.

M.

5,.598,912

A D.
an
A J.
A J.
A
A J.

5g. M. AN.

4,000,744
999,944

£.500

interest

J.

granted. (V. 20, p. 78, 8i, 476. .VII, W8; V. 21, p. 15,
63 111), 159, 231, 489, 585, 61 !; V. 3), p. 6!,)

J.
J.

,

,

N. Y.,

J

May, 1894
May, 1894
July, 1889
Oct., 1888 to '90
April, 1890 to '94
April, 1882

July, 1891
Jan. 1, 1895
July, 1891 to '04
July, 1895
April, 1800
July, 1877
Jan. A July, 1900
July, 1894
July, 1894

Am. Exchange Bank

July, 1878
1878 A '83

do
do
do

do
do
do

N.

-

May, 1880
July, 1876
dy, 1877 to -i
July, 1883
July, 1883

May, 1890
July, 1879

—

MaiM. The sinking funds, January, 19T8, reduce the total debt to a net amount of $5,272,688.
Valuation of total taxables In 1875, $25.5.000,006;
tax rate, 5 mills. Governor's message In V. 22, p.
62.

Maryland.—The assessed valuation of property In
1875 was $427,751,393, on which the rate of taxation
in 1870 is 17^ cents per $100; income from dividends
on railroad, canal and other stocks owned by the
State was $13.3,491. The State has largclv a.s8lsted
canals and railroads, and holds $4,787,2)5 of stocks
and bonds of companies paying interest promptly,
leaving only $,5,916,582 of debt without any offset;
the State also holds $22,,').55.1^ in unproductive securities. On two investments only, the Comptroller
says that the Stat has met no loss, viz.. the Balti>

more

& Ohio and the Columbia A

Port Deposit

rail-

roads.
JI/ow«acAi««f/».—Governor's message on finances, V.
All interest on the funded debt of
p. 62.
Massachusetts is paid in coin.
The credit of
the State stands nigh in London and at home.
During 1874 the debt was increased $987,400.
and in 1S7.5, $4,500,000.
The sinking funds in
January, 1876, were 811.726,309. Thelloosac tunnel
has cost the State over $14,.V10,000. Real esUto
22,

ast>essed

in

187,5,

$l,311.031.3.'fi;

persjnal,

In-

cluding bank shares, $.')6(),815.162; tax rate, 1-06
inills; deposits in savings banks, $2:^7,848,968; corporation property (at)ove real estate and machinery),
$84,213,6:)i.
The loan to Boston Hartford A Erie
Railroad w.is socurwl by deposit of $S,na(>,nOO
"Berdtir' mortgage bonds. (V. 20, p. 336, SSI; Y.
21, p. 277; V. 22, p. 62.)
3/!c/(i<7on.—Tlic debt hns been largely diminished
Assessed valuation of real
in the last tew years.
and personal property, 1871-72. $'130,000,000. and
revenue
is applied to pnirate2^( mills. Surnlns
chasc of bonds. (V. 20i p. 139.)

ux

)

.

.

:

STATE SECURITIES.

sivlaK Immediate noUce of any error discovered la tbeae Tablea.
INTEREST.
Principal—When
Amount
Size or
Date of
Due.
When
Where Payable and by
par
outstanding
Bonds.
Rate.
Whom.
Payable
Value.

Avar by

aabacrllMrs will eonfer a Kreat

DESCRIPTION.
For •xplanattons see notes on flret pnge of tables
llinne»ola—
Btttte Bulldine Loan

do
do
do

do
do
coupon
Railroad Bonds (not recognized)
Mittouri—
State bondd

. .

Territorial bonds

Ktw Hampshire—
War loan, coupon bonds
do

Municipal war loan
State bonds
Keu) Jertey—
War loan bonds, tax free
JTctd

do

do
do

5,4,55,000

6

2,715,000
285,000

C

1871
1872

1,000
1,000

160,000
800,000

1861
1864
1872
1873

1,000
1,000

418,000
600,000

6
6

J.

100 <&o.
100 Ac.

2,206,100
600,000

6
C

J.
J.

1861
1863
1864

100 Ac.
100 Ac.
100 Ac.

000,000
000,900
693,400

6
6
6

J.
J.
J.

1,000

1,057,000
9,805,500
661,500
800,000
1,637,887
473,000
880,000
1,662,900
847,500
4,302,600
2,000,000
66,443

7
7

'58
'59
'60
'59
'59
'66

1874
1875
1853 to '57
1874

State l>onds

do
do

439,000
2,727,000
401,000
104,000
2,745,000
392,000
604,000
2,161,000
3,735,000
1,455,000
1,900,000

18.54 to
1857 to
1859 to
1854 to
1853 to
1857 to

Funding bonds
Renewal bonds, coup., 5-aOs, (net Muh. 29, '7?
Hannibal & St. Josopn Railroad
renewal..
do
do
Ifevada—

do

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

1868
1872
1874

Bonds
Bonds

taxable

2,275,000

6
6
6
«
6

186.'ito'66

ConoolUliitcd IxiiuU
University iinil LunatJi! Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & KiiUoii Railroad

7
7
7
7
7

$100,000
100,000
50,000
250,000

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

1867
1868
1869
1873
1858

ilo

to I'latU' County Railroad
to Iron Mountain Railroad
Paoltlc Rallroa<l of Missouri
Southwestern Branch raclflc Railroad.

J.
J.
J.
J.
J.

Mm,

J
<

1872
1873
1873
1874

Under Art. 7, Sec. 3, of CongtituUon and Art. 7, Sec. 12.

Comptroller's bonds (by Rev. Stat's)
North OarolinorBallroad and Improvement bonds, old
do
old
do
do
BR. and tmprov't bonds, new (not special tax)

do
do
Fundine bonds, since war
do
do

do

§1

ton

500 Ac.
500 Ac.

iVooo
1,000

4,738,800
3,639,400
2,383,000
1 ,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000

100 Ac.
100 Ac.
100 Ac.

606,884
4,072,640
2,400,000

1,000
1,000

do
1866
1868
1867
1868

Reffistered certificates of literary f ifnd
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds

100 Ac.
100 Ac.

1850
1860
1856

Oregon—
Bounty bonds
Willamette Canal and Look
fetmtulcaniar—
luolfued plane loan
Coupon loan, April 2, ($28,000 are reg.)

9%)

do
do

1849
1852

do

18.52

May 4

Registered loan, May 4
of April 10 ($35,000 are reg.)
Stock loan of Feb. 2 (registered)

Coupon loan

do
do
do
do
do

do
do
do
do
do

.

1852
1852
1853
1867
1867
1867
1867
1867
1867
1872

.

(registered)

(oonpon)

(registered)
(registered)
(registered)
f Agricultural College land scrip

mnne»ota.—A\\ the State bonds arc now held by
the permanent school fund. Minnesota is usually
classed amonii the States which have avoided their
ebllgatlons, in cansequence of her refusal to recognize the "State Railroad bonds" of 1858 to the
amount of $2,275,000. There seems to be a growins^
feeling in the State that those bonds should be
acknowledged. See Governor's Message, V. 22, p.
(13.
Property valuation, 1875. $213,8.55,7&. of which
$49,162,4(17 was personal; tax, 21-10 mills.
(V. 19,
p. 498.)

MUwnri. —Valuation of

and personal property
in 1875 was $5*9,503,471. upon which the tax is 4X
Railroad property was assessed at $51,649mills.
312, as returned to County Courts; but at only
real

$19,861,141, as returned to the State Auditor in
The State had $1 428,000 bonds maturina
1875.
in 1875, and $:1,907,000 in 1876.
To provide for
these, a law of 1875authori7.ea the sale of new bonds.
The Haunibal St. .Joseph Railroad provides for its
own debt. Bonds falling due are paid in currency,
pursuant to a resolution of the Legislature, although
some of these bonds are payable by their terms in
"gold or silver." Some dimculty has arisen about
the last six months' interest due on bonds mnturing.
(V. 20, p. 83, 1«1, 290, 313, 336, 383. 477; V. 21, p.

&

477; V. 22, p. 83.)

Ntvada.—The debt

of

Nevada Is hardly more than

nominal.
JVeic fl'ai»p«Air«.—The debt of New Hampshire
was created for war purnoscs, and is being rapidly
reduced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be used in reducing
their several war debts, which the State thus as-

sumed.

—

New Jersey- The debt was created for war purposes. Of the first two classes of bonds the principal Is payable $100,000 per rear. Valuation of real
«nd personal property in 1875 $012,731,09), against
State tax, 8>f millB,
$«10,097,908
;

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

50
50
50
50
50
50

Ac.
Ac.
Ac.
Ac.
Ac.
Ac.

M.

J.
J.

455,500
273,000
88,350
7,521,550
7,369,000
90,400
9,251,8.50

723,950
500,000

Concord or Boston,
do
do
do
do
do
do

July, 1875 to '78
1884 to '89
Jan., '92 to 1905
1879 to '80

Sept.,

Trenton and Jersey City,
do
do

do

do

N. Y. Manhattan Bank.

do

At win.
1893
Dec, 1877
July, 1887
Jan. 1, 1883
Oct.,

do
do
do
do
do

July

A J.
A O.
A J,
A O.
6
A J.
6
A O.
6
A J.
6
A.
A O.
6
A. A O.
6
J. A J,
6
6
J. A J
J. A J.
6
A J.
7
A J.
7
6g. A. A O.
5 g. J. A J.
4l2g. J. A J.
F. A A.
ii?: F. A A.
F. A A.
F. A A.
F. A A.
6
F. A A.
6
F. A A.
5
P. A A.
6
F. A A.
5
6

J.

A.

New

1868
1868
1868
1868

Yoi*.

York.

N. Y., American Exch. B'k.

do
do

do
do

A

'98
'98
'98
'98

1900

Jan., 1876
July, 1881
Jan., 1887

1384
1880

State Treasury.

Farm.
do
do
do
do
do
do
do
do
do
do
do

.

Oct., 1898
Indefinite.
Oct., 1898
1898 to '9'.»

do

Phila.,

to
to
to
to

Jan.,

Raleigh, Treaenry.

New

1891
1892

On demand.

do
do
do
do
do

J.

1,
1,

Oct.

Albany.

6
6

Jan., 1877 to '84
Jan., 1886 to '96
Jan., '07 to 1908

AprU, 1877
April, 1377
At will.
July, 1878

do

do
do
do
do
do

AO

g.

1876 to '88
1877 to '89
1889 to '90
1876 to '89
1876 to '87
1876
July, 1894
1893
1875 to '87
1881 and '82
March, 1887

do

N. Y., Manhattan Bank.
Albany.
N. Y., Manhattan Bank,

g-

1883
1888
July, 1892

do

State Treasury,

Albany.

8g.

5A6g.

2,812.000

A J
A 8
A J
A J
A J
A J
A J
A
A

Mech. B'k.
April, 1879
July, 188-.!
do
do
July. 1882
Aug., 1877
do
do
Aug., 1877
do
Aug., 1878
Feb., 1877
do
do
Feb., 1877 to '82
do
Feb.. 1877 to '82
do
Feb., 1877-1882
do
Feb., 1882-1893
do
Feb., 1882-1893

Harrisbmg Treasury.

6

•New Font.—There is also $68,000 contingent debt
Long Island Railr lad, and $7,361 per annum for
Indian annuities. An abstract of the Governor's
Message was given in V. 22, p. 61, showing a net
reduciiou of $i,744,503 in the debt for yeiir'ending
Sept. 80, 1875. The following were valuations and
tax rate tor State purposes in the years 1850 and
and from 1870 to 1871
Real Estate.

Personal.

1859
1835
1870

$1,097,564,524

$3n,349,1.55

1,1.58,32 -.HTl
1,5:12,7-^0,907

3W,5r)2,3U
431,281,278

1871

1,59'),930,1G6

452,6n,7;M

1872
1873
1874
1875

1,641,879,410

147,24S,n.35

9'<

l,«9'2,.52:l,071

1.750,698.918

437,102,315
418.618.955

6 95-100
7i<

1,969,358.70:1

407,427,:199

6

1865,

do
do

do
do
do
do
do
do
do
do
do
do

6g.
6g.
6g.
6g.

400,000
395,000
87,000

Commerse.
do
do
do
do
do
do
do
do
do
do
do

of

N, Y., B'k N. America,

to

Year.

.

Bank

N. Y.,

A6g.

6

1871)

1S83 to 1903
Dec, 1887

U,

10 Various
9>3
M. A S.

6

do
do
do

do
do
do

A

2
6
5

1S77
1S78

Treasury,

St. Panl,

6

26,500
200,000

1870

J
J
J
J

U
C

OAk>Reglatered loan, payable after 1875
do
June, 1881
do
do
do
June, 1886
do
do

A
A
A
A
A
A
A
A
A
A

U
U

rorJt—

Bounty loan twnds, coupon
repstered stock
do
do
1827 to '32
Oeneral fund debt—Astor stock
1848
deficiency loan
do
do
do
do
1848
do
do
4o
1875
r>.„.i
vanai j.K*

I

[April 29, 1876,

I

State tax.
S),'

4 53-80
7 41-156
5 79-1'JO

For the present

fiscal year, lS75-rt, the Comptroller
reconi'tiended a tax rate of 3 mills, reducing the
rate of 187i by one half: this is partly owing to the
considerable reduction in the Bounty debt, and the
increase of sinking fund resources. It appears that
the assessed value of real estate liy local assessors is
$l,75X6i)8,9!8, while the full value, as estimated by
the State assessors, is $4,168,3.30,757. The Comptroller says the actual value should be julopted as
the basis of taxation. The total amount raised by
tax. State and local, in 1875. was $5B,9J6,4W. or 24
millB on the $1 of assessed valuation. In 1874. the
local debts of cities in N. Y. State were $137,539,0 '9;
of counties, »46,6S5,264. and towns, $25,140,181. (V.
19, p. ;«0; V. 20, p. 28, 60, 615; V. ii, p. 63.)

North Carolina.—"SoTth Carolina
is
heavily
burdened with debt, la proportion to her taxable property. A lengthy extract from the Treas*
urer's report was given in V. 20, p. 84.
Total
property was assessed in 1872 at $128,507,628, a
low valuation. Interest is paid on bonds issued
to North Carolina Railroad ($2.803.0:X)). as the
State holds $3,000,200 stock and receives dividenis thereon. Otlier interest in default. A funding bill passed the Legislature March, 1875. (See

Chbosicle, V.

80, p. 336.)

In

New

York, bonds

are classified thus: "Old." being those Issued prior
to May 1, 1861, coupons on from Jan. '69; "N. C. B.
R." issue of *2,800,000 to that road, coups, on since
Jan. & April, '69; tame "coup, off" have had 7
coups, paid; "funding act '66 csrrv coups. Jan.,
'69;
"funding act" '68 carry coupons April,
'69. " New "—authorized before war, except $1,5(10,000 in 1868; "Special tax, Ist," rarrj- coup. April,
" 3d " coup. April. 1870.
'69; "Sd" coup, of Oct. "tig
;

(V. 18,p. 166,

^;

V.20,p.

e4, 161, 883;

V.

21, p. 570.)

OAio.— Ohio has a very small State debt, but
large local debts, amounting in IS75 to $'25,957,588.
Valuations in 1874 were Real estate iu cities, Ac,
:

$366,031,721; other, $696,883,.323; personalty, $535.660,tl8.
Tax rate in 1875, 3 2-10 mills for State, and
an average of 2.') 9-10 mills for local purposes. Of
the 1875 loan above $868,2W was paid Jan. I, 1876.
and the balance April 1. Report on State and local
debts, V. 22, p. 64.

Oregon.— The debt

is

provided for by sinking

funds, payable from land sales.
Taxable property
in 1875 wan assessed at $41,197,149;
mill tax
was laid for Relief bouds and 1 mill for Bounty

^

bonds.
PenMS!/li}a»U.—To\ii\ debt Nov. 30, $'23, 2.3:1. 1 37;
available assets. 89,466,^72; net debt. $13,766,584.
The financial system is remarkable in Penn-syivania,
in the fact that no tax is laid for State purposes on
real estate.
Revenue is raised from numerous
sources, principally from corporations. Taxes are
levied on personal property, which «as assessed ac
$159,382,242, and the tax was $574,817 in 187;. State

expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency^
The State holds $1,751,331 in stocks aud $10,554,321
of railroad bonds. Interest is paid ingold on ail tKe
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 18S2; those o( 1S83
tin 1892. (V. 21, p. 137; V. 22, p. 64,)

'

...

.

STATE SECURITIES.

April 29, 1876.]

vu

Snbacrlbem will confer a sreat favor by rItIbk Immedlat* notle« ot anr error dlt«sovered In tbeao Taklaa.
Date

DESCRIPTION.

of

ikoilii

first

Amount

Size or

par

bonds.
or cxplunatlons »oe notes on

<
outstanding.

—
$1,000
1,000
1,000
1,000

$1,019,000
205,000
668,000
746,000

Various
1794
1836 to '61 Various
1853 to '54
1,000
1866
50,&c
1854
1,000
1868
1,000
1868
1,000
1868
50<),&c.
1869
500,&c.
1869 to '70 500,&c.
1838
1838
1869
1873
Various
1873
Various

23,084

18(52

do
do

18(J3

1863

ImtUi Carolina

18U1

—

State stock
8tat« House Htoek

do
Fttndinf;

bonds
bonds and stock

,

Blue KidKe Kailioad bonds....'

Fundmc

bills

receivable

Pay nicDt of Interest
Funding bank bills
Conversion bonds and stock
Laud eonnnission bonds
Flro loan bonds, sterling
stoek, domestic

do

Bonds— Relief

State TreasuryConsolidated bonds, eoup. (Funding act)
stoek (Funaing act)
do
Railroad endorsements
Tennessee
New ^^ndinK bonds, act of 1873
Bonds registered, act of 1873
Fundable bonds and coup, not yet presented-

—

Bouds. re^isterable, not presented
Hold by K.T. University (not to be funded)

1874
Various.
Various.
Various.

1,000
1,000
Various
1,000

....

. .

1866 & '71
Fuivling State debt
1874
Fundius 8t«tc warrants, act May 2, 1 874
1870
Frontier defense, gold, act Augiist 5, 1S70
1871
Kovci;uc deficiency bonds, act May 19, 1 871
187'2
do
act Dec. a, 1871..
do
1874
Bonds, act Mar., 1874 (for paying float'gdebt)
VeteranPenslonbouds, aotAug., 70AApl.,'74
1874
.

Vwmonl—
War loan
do

bonds, coupon
registered

6

M.

6
6

J.

A.
F.

240,000
401,700
680,000
177,000
261,000
370,500
648,300
22,000
481,944
218.423
10,000
3,670,000
140.254
4,797,008

279.000
500.000
1,000.000

100

1,070,357

500,&c.

186'2

500,<to.

144,000
168,000

A.
A.

s«-

,

(

.

.

.

.

Mode Island.— The debt was all created for war
The
imrpoees and is being steadily diminished.
V lUiation of real and personal property in 1873 was
cents
on
$100.
? J17,798,5S0, and tax rate 30
.

is

500&C

>

Vari's

J

*100&e
100,(fec.

100,&c.
100,&o.
100,&c.
Various
Various

&
&.
&
A
&
&
&
&

J.
J.
J.

&.

6

J.
J.
J.

J.
J.

<fe

6

6

5&

6

5, 514,

down the old debt by
uMving new bonds to the extent of 50 per cent, and
drclared void the conversion bonds to the amount
or $5 9*15.000. TUe January and July interest was
p lid on con!*olldatcd bonds, but a loss to the State
cf shout. $2iX),000 cash by failure of a trust corai..uiy caused u suspension of payments afterwards.
Total valuation of all property— in 1875, real estate,
*88,:Ti,31f ; personal, |4«,791.006; rat« of taxation
in 1S74, 13, mills. (V. iO, p. 81, 241, SSI, 358, 547;
V. 21, p. 48S», liU.)

—

On the first July, 1874, the payTenMsese.
•ii-nt of interest was resumed, and the interest
Janu.iry 1,
.I'i'1875, was paid by help of a
i<>:in of
$300,0(^>, but default again made July,
tSIC The (fOTcrnor's letter in "December. 1875,
on the finance?, discouras^ed the expectation of
furtlicr payments soon, and suggested " scaling."
The law passed in March, ls73, provided for
funding all outstanding, legally issued bonds, due
between Jaly 1, 1874, and July 1, 1864, as well as
all past-due coupons, and coupons maturing on
or before Jan. 1, 1874, in a 10-40 year ti per cent
bond. The total debt given above is, substantially,
'oirding to the last report of the Comptroller,
The Comptroller estimated debt of
iiuary, 1875.
/.vent railroads at 43,288.85)6; due from purchasers
sold, $:ir2.0(X); value of Knoxville
,1 riiilroads then
The State's endorse.
,t Charleston ro.nd, $100,000.
lucuts for railroads arc $1,303,000, of which $1,560,000
'.

do
do

A.

J.

J.
S-

7g.
lS«-

M.
M.
J.
J.
J.

6

J.
J.

6
6

J.
J.

5
6

.r.

J.
J.
J.
J.
J.
J.

6
6

6
6

().

O.
J.
J.
J.

(Joliunbla. Troastiry.

Columbia and
do
do
do
do

J.

N. Y., FourtU Not. Bank,

A

J.

do

do

A J

A S
A S
A J
A J
A J
A D.
A D.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.
A J.

rying coupon of July, 1869, " ex coupon" July, 1875,
only; '"New Series," the new funding bonds. (V.
18. p. 14.3, 217. a50.497; V. 19. p. 1H7; V. 30, p. 14, 84,
181, 383, 491; V. 31, p. 87, 813, 614.)

Comptroller,

February,

in

funded debt $1.219, 7.')7; fl»atlng
and bunds of doviotful validity
hands of State Treasurer, $812,210.

1S78, reported total
^."i43,;37,

1875 was
Tax rate,
we have the

The valuation of taxable property

in
$250,853,759, against 34;,841.8S0 iu 1874.

From

the Comptroller's report
following statistics for 1875:
50.

Total value of taxable property assessed. $210,853,798

Statetax

I,254,a54
198,313
1,959,154
1,4S7

Poll tax

County taxes
Mllei of RU. In the State ass'd for taie?.
Value of railroads

.

$16,605,133

No. of acres of land assessed in the State
Value of lots assessed in the State
(V. 19, p. 15, 117, 143; V. '30, p. 84; V. 32, p.

6ti,637.920
41,6ti6.937

88 1 .)

Termont.—Thla State has a very small debt— all
created for war purposes. Of the registered bonds
$13r),.V)0 are held for Agricultural College.
The
sinking fund, Aug. 1., 1874, was $37,933.

do
do
do
do
do
do

set

of 1S71 provided

July 1,1 ROH
July 1, 1868
1888
July 1, 1893
July 1, 1898
uly 1, 19

1000
1900
1875 to 1900
18-75 to

Now

York,

do
do
do
do
do
do

Various.

1877 and 1891
Jan., 1884

1910
1, 1876
1892

Sept.

March 1, 1901
1894

Boston, N. B. Mut. Rod'n.
Montpelier, Treasury.

1875 to •78
1875 to '90

New York.
Richmond, Treasury.
London, Baring B. A Co.
Richmond, Treasury.

At pleaaura
1886

1886 to '95
1905
1906

do
do
do
London, Baring B.

& C%

Contingent

19CS

tha' coupons of the fanded bonds should be receivable for State ;.-.iCo. For J-3 of the old bonds a
issued, and fcrtheotherj^a deferred
certificate

given (as the proportion doe by West
'The act of 18'2

amended

that of 1871

by

not allowing coupons to be received for taxes. All
the amounts marked (*) may be fnudcd under the
amended act of 1872. The sinking fund holds $2,446,98^ of State bonds and certificates.
All interest
over-doe and unpaid to Sept. 30, 1875, (on the basis
of 4 per cent) wiis $1,199,864. A part of the interest due July, 1374. has been paid sinre Jan 1, 1876.
Assessed value of property is $.339,434,152; tax rate,
5 mills. The circular of Messrs. Branch
Co.,
bankers, April, 1876. said: "The Lejtislatnre has
adjourned, and no law in any way affecting the
bonds of the State has been passed, if we except 8
clause in the tax bill subjecting the conpons cut
from bouds hold by a nonre^-ident of the State to
the same tax as hss heretofore been deducted from
coupons held by residents. This tax amounts to
$170 on each coupon ot $30, or five and two-fifths
per cent -the coupons being received at 94'60per
cent of their par value in payment of taxes. 'The
State U still in debt for money borrowed to meet
temporary deficiencies in the revenue; and the payments to the sinking fund have been suspended, as
also the payments of interest of .Tiily, 1874, on the
non-consojidated debt. The tax bill inclndes some
additional subjects of taxation, which will make a
sinull increase in the revenue, but it is now certain
that no ca$h payments will be made during the
present year on account of interest, except that the
small balance due on July, 1^74, interest may be
paid." Auditor's report, V. 21, p. 804. (V. 1», p.
295 50«, 586, 8«; V. 30, p. 14, 306, 336, 375, S47;

A

V.

Hr^inia.—The Fandlni;

July 1,1875 to •79
July 1, 1888
July 1, 188S
July 1, 1889
July 1, 188-2

N. Y., Fourth Nat. Bank,

Virginia).

remaining in

York.

do
do
do
do

Columbia A Fis. Agen. N.Y.
New York or Columbia.
do
du

are those issued before 1863, and having coupons

State

Now

J.
J.
J.

J.

Total valuation of

March, IBS-J
April, 1893
July, 1803
Aug., 18B4

At plea«nre.
do
d«
1 877 to -80
do
di>
1871 to '80
Columbia and Now York. July 1,1887 to '07

new bond was

Texas.— The

A T. Co.

do
do
do

real estate, $3d'),000,000, and railroad property,
$51,000,000.
'rhe rate of taxation is 40 cents o? the
$100. -Tennessee bonds, sold in New York as "old,"

debt,

I. IT.

Various N. Y., Bank of

10
7
10

oue.

Columbia, State Treasury,

J.
J.
J.
J.

A

—TheGovemor'amessageon finances of July, 1'69; Old "ex coupon," have only the
The funding law approved Dec. coupon of July. 1875; "New." issued since 1863 car5:J5.

21, p.
-'^ 1873, provided for scaling
V'.

do

J.

6

6

2,831,250
19,030,000
1,207,000
1,564,675
1,160,093
15,239.370
212.833
1,199,864

&
&

So. Carolina.
':i

Providence, R.

O.

I/ondon.

•7,092,399

taken care of by the roads.

4

Sk-

'Yirainitt^-

1851 to '66
Old bonds, coupon
registered
1851 to '66
do
sterling, not required to he funded
1851
do
1871
CJonsol. (Act Mar. "71) coup, tax receivable
do
reg. conr. In to ooap
do
1871
do
(Act 1872) coup., not receivable
1872
reg.,
do
do
do
1872
Deferred certificates w Va.)
1871
Interest on sterling debt, funded (Act 1871)
1871
.Vrrcars of interest unpaid Sept. 30, 1875

S.

Priuolnal— wbeo

wuoni.

Columbia.

R!>7,000

1862

J.
J.
J.
J.

6r.
s«-

200,000
499,000

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

&
A
&
A

Q.-J.

5'-'0,:il6

6,222,000
16,289,000
1,050,000
1,074,000
396,000

INTEREST.
Wbere payable and by

Payable

Islaiut

lionil
ilo

W»r

'

When

Bate.

value.

p»KO of tivblos.

21, p. 527, 604.)

...

CITY SECURITIES.

TUl
Sabaerlb«ni

wUI eonflsr •

crest fhror br Klvlnc InamedteM n«Uee or any •rror dlaeovered In tbese Tsblea.

DESCRIPTION.
For explanations see notes on first page of
Albany,

Date of

Size or

Amount

Bonds.

par

outstanding.

Value.

tables

& Nurtliem Kallroad

laiw
1804
I860
1870

loan

Kellcf of draft I'll mi'n

Purchase

('oiiKross Ilall

Block

<1ty Iniproviiiicut

Washington

1870,1 .•2.4

I'urk

1871
1874
1851 &'a
1874
Additional iiU|>)ily
1865
Bonds loaned to Albany ^ Susquehanna RR..
1841
Albany & W. Stockbridgo RB,
do
<1ly iiuprovc.nient

New

INTEREST.
Where Payable and by
Whom.

Wlien
Payable

Bate.

Y.—

.V.

Albany

[April 29, 1876.

PostODIce

site

Water stock

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

4N.
4 D
4 A
M. 4 H,
M. 4N,
M. 4 S.
M. 4 N.
F. * A,
F. 4 A.
M. 4N.
J. 4 J.

New York.

M.

$246,000
46,000
151,000
348,000
529.000
242,000
118,000
500,000
400,000
1,000,000
103,000

Jlay, 1879
1880 to 'f

do

J.
F.

Principal—Whc
Due.

.Tune.

Boston, Merchants' Bank. Feb.. 1885 to '9'
New York.
March. '95 to 19(1
do
Nov., 1910, II,';

do
do
do
do
do

March, 1876

t«'i

Feb., 1876
1S95-'!>T
1, l«7ii

Boston.

July

Awrutla, (la.—

Bonds for various purposci
SaJtimore
Consolidated loan of 1890

—

Various.

250

&c,

2,000,000

Various.

100 dEC,
100 &c.
100 &c.
100 Ac.
100 &c.
100 &c.
100 &c.
100 &e.
100 dee.
100 Ac.
100 Ac.
100 4c.
100 &o.
100 4c.
100 &o.
100 40.
100 4c.

7,306,.'>46

Watpr loan

1854

t^xinsolidikted

boimty loan
Exempt bounty loan
Ptiblio parks (l)ruld Hill)
Park Iniiiiovenicnt loan
Five million loau to Baltimore

18ti3

& Ohio BR. ..
One million loan to Pittsburgh & Clncln'tl RB
NewatyHaU

1865
1860
1863
1853
ISiW
1868
1870
1874
1864

.

do
do

do
do

Consolidated loan
Court house loan

Funding loan
do
Western Maryland Railroad

1870
1874
1872
1872
1873
1872

Jones' Falls
Valley Railroad
Patterson Park extension

Endorsements for York & Cumberland RR.
do
do Western Maryland RR
do
do UuionRailroad

100 '4o.

.

—

BaMigoTj Me.
City debt proper
Munlulpal loan
Water loan bonds, coup. (Act Feb. 2l!,»1875)

186!)

1869

1,000
1,000

1853
£100 4e
1852 to '64 1,000
1864 to '75 1,000
1873
£ 1004c
Consolidated street Improvem't, sterling loan.
1869
£1004c
Box bury debt, ussiimed
1860 to '64 1.000
Dorchester debt, assumed
1861 to '69 Various,
CUarlestown debt, assumed
1857 to '73 500 4c.
Mystic water debt, assumed
1862 to '73 1,000
Brighton debt, assumed
1866 to '73 Variotis.
West Roxbury debt, assumed
Various.
Water loan, new main Brookltne Reservoir.
1858
1,000
Chestnut Hill reservoir
do
1865 to '71 1,000
renewal of loan due '70-71, all reg.
do
1871
'72-73
do
do
1872
£100 &c
Water works, Roxbury, coupon
1868 to '70 1,000
Roxbury &, Dorchester
do
1871 to '75 1,000
Dorchester, all registered
do
1871
W. Roxbury & Brighton, all reg
do
1875
Additional supitly water
1872 to '73 1,000
Various punioses, for water works
1871 to '74 1,000
Water loon bouds, gold, coupon or reg
1875
1,000
Brooklyn
Debt of Willlamsljurgh, local improvement.. 1859 to '61 1,000
Brooklyn local Improvement loan
1861
1,000
Moimt Prospect 8<|uare loan
1857
1,000
Soldiers' aid fund loan
1865
1,000
National Onard and Volunteer Firemen's loan
1864
1,000
Third street improvement loan, local
1867
1,000
Gowanus canal improvement loan, local
1866
1,000
Bushwick aveiuie
do
do
do
1865
1,000
South Seventh street do
do
do
1866
1,000
Union street
do
do
do
1867
1,000
Fourth avenue
do
do
do
1862
1,000
do
do
do
do
1867
1,000
Wallabout Bay
do
do
1867
1,000
Bedford avenue
do
do
local.
1867
1,000
Kent avenue basin do
do
1869
1,000
New York Bridge loan, registered and coupon
1870
1,000
Prospect Park loan, registered and coupon
1860 to '73 1,000
do
do
1860 to '72 1,000
.'.

,

5,000,(X)0

6

2,211,068

6
6
6
6
6
6
6
6
6

410,353
5.-)5.566

185,723
5,000,000
1,000,000
1,000,000
1,000,000
500,000
891,646
137,414
800,000
2,000,000
1,000,000

jUftony.—There are sinking funds for municipal
bonds and for water stock. The loan to Albany &>

do
do
do
do
Balto., Farm.

5
5

(>

do

6
6
6

6
6

Baltimore, Fianklin Bank.

320,000
100,000

6
6
6

Various Boston, Merchants' N. B'k.
Boston or Bangor.
J. 4 J.
J. 4 J. Boston, Merch'ts' Nat. B'k.

6

J.

3.'i0,000

1,000,000
814,000

683,205
4,446,300
17,617,925
4,997,603
3,585,389

487,750
132,500
1,247,805
1,280,000

405,640
495,000
394,000
2,376,000
688,000
1,949,711
700,000

465,000
375,000
210,000
600,000
366,000

64

A.

7

4
4
4

A.

g.

5g-

5, 5I2, 6
51s, 7
5, 6, 7

546

J.

4
4

last forty years,

I.x>ndon,

do
do

Jan.

1,
1,
1,
1,

.Tan.

Jan.

1895
1"""
! ~

July
;
April 15, l..ui.
March 7, 1902

At will.
.Tuly 1,

1900

Feb. 1,1894
Jan. 1, 1902
April 9, 1900
Oct. 31, 1886
8,

1892

Boston.

,r.

Boston.

1.

g-

6

Boston.

A.
A.

A.

do

do
do
do
do
do

Various
Various
Various

6
6

A.

g.

40.

4 J.
M. 4N.
i. 4 J.
r. 4 J.
J. 4 J.
J. 4 J.
J. 4 J.
J. 4 J.
r. 4 J.
J. 4 J.
T. 4 J.
4 J.
J. 4 J.
J. 4 J.
J. 4 J.
J. 4 J.
J. 4 J.
J. 4 J.

6

Brooklyn,

J.

7
6

7
7
6
7
7
7
7
6
7
7
7
7
7
7

do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do

r.

6

.

18,613,232

$9,415,352 00

with a single excep-

1875 to '94
1, 1894

Jan.

July
Jan.

1, 190.'>
1, 1894
1, 1899

July, 1878

18f4to'87

do
do
do
do
do
do
do
do
London, Baring Brothers.

4 0.
4 J.
4 0.
4 0.
4 J.
Various
J. 4 J.

5g6

Jan. 1,1895

April

Baring Brothers.

do
0. London, Baring Brothers.
do
J.

Various
Various
Various
Various

Bangor, Jf«.— The valnatlon of real and personal Placing the tax to he paid to the State at the same
property is $10,510,«»l; rate of taxation, 2.90 per as last, year, the estimated tax warrants exhibit the
cent. The loans to Euroiwan & North .\meriran following result:
Railroad and to Bangor & Piscataquis Railroad are
167.5.
1876
City and County
jsecured^y first mortgages on those roads.
$9,rei,0t6 00
$8.64.3,232 00
SUte.
802,120 00
802.120 00
Boeton.—'rhe population of Boston in 1870 was
$10,523,136 00

J.

6,612,7 Vai-ious
6, 6I2, 7 Various
6
5
6
6
6

pleasure.
Sept. 1, 1893
Sept. 1,1893
Sept. 1, 1890

March

do

Various

.

$9,721,010

O.

do
do

i.

Sg. Various
6
5

1, 18!)0

At

Balto., North. Central BR.
Jan 1, 1877
Balto., N. Mechanics' Bank. Jan. 1. '90 4 19(

t>flg. J.

1,000,000

138,000
213,000
90,000
552,000
27,000
302,000
283,000
249,000
298,000
326,000
190,000
230,000
589,000
278,000
427,000
4,000,000
8,016,000
1,217,000

Baltlmore,Regi8ter'» Office,

the sinking funds, bonds, morteagcs, Ac., $16 218,40i.

Dnringthe

do

6

200,000
500,000
1,375,000
117,000

do

July

1885

Bank.
Bank.

Baltimore, Kcglster's Oflice.
Balto., N. Mechanics' Bank,

6

The sinking fund provisions arc sufliciont to meet
Augufta.— Of this debt, $600,000 wss issued for the debt as It matures. In
March, 1876, Mr. Turner,
railroads, and balance for canal enlargement and city
auditor, gave his estimates for the revenue lewater works.
quired for the coming financial year 1876-77, commencing May I, 1876. This estimate is based on an
Baltimore.— The fiscal year of Baltimore ends assumption of meeting the
actual wants of the
with Oct. 31. The city credit has been loaned ex- municipality and avoiding
the borrowing cf money
tensively to railroads, m exchange for their scciiri- for other than
the water works, and extensive and
Ues, which it holds to a large nominal amount. The costly
improvements; the tax per each $1,000 will
sinking fund for Bait. & Ohio lUilroart $.5,000,000 be reduced from $l:i
70 last year to §13 45 per gl.OCO
loan is $1,74H,973: West Maryland Raihoad sinkhiL' this year. The following
Is a comparison of the apfund, $149,1«r); and the .total of the several other propriations asked
for and income to be received,
sinking funds, $«,457,(i(il. The Bait. & Ohio RR. compared with
the estimates for lS7'5-6pays Interest on $."),000,00(i loan; Water loan is paid
187.'>-6.
1876-7.
by Income of water works, and Public Park by City
.$13,302,30,5
$]1.;131,887
Passenger Railway, and out of a total debt of Appropriations.
2,864,425
•i,<ii<f,<i(X)
$22,943,425 only »10,1M,;9i Is dependent on the tax Income
levy.
The assessed value of ))roperty in 1878 is
$9,437,' 80
$8,391,487
$a3I,!K)3.119; tax rate, 187(i, $1 80 on the»100forcity
283,136
purposes, and .175< for State. Population in 1870 Per ecntage.
251, 7J5
was 967,354, against iXi.i'.H m 1860.

I

do
do
do

B.1U0., N. Mechanics'
Balto., Farm. & Plan.

6

1

892,497, against 177,810 In 1860. Valuation of real
property in 1875, Including the recent annexations,

4 Plan. Bank.
Bank
4
Bank,

do
do
d«

$6.58,769,500, and personal, $-234,998,400; npon
which the rate of taxation is $13 70 per $1,000— $12 66
of this for city and $1 01 for State purposes,
agamst a total of $i5 60 per $1,000 in 1S74. The
total debt, both funded and unfunded, at the cli.sc of
the last fiscal year, April 30, ISIR, was $43,5Ta,b 1 and

$102,764,770.

do
do
do
do

Balto., N. Mechanic*'
Balto., Farm.
Plan.

was

Sa»iueh. is secured hylstmort, The assessed valuation of property in 18:4 by State authorities was:
RealeeUte, $48,!6I.2(I8: personal, $6,508,101; total,
Estimuted true value of real estate,
$49,669,301.

1876 to 'Hit

4

473,900

.

—

Augusta.
Balto., Farm.
Plan. B.ink.
Balto., N. Mechanics' Bank,

l,015,.30O

1853 to '65 100 4c,
1874
1,000
1875
500 4c.

European & Noitb American Railroad
Bangor & Piscatotiuis Raili-ood
Botton—
Renewal city debt, sterling
For city piuposes, war debt. Ac
do
do
do
Burnt district, sterling loan

Various

6

5m

1875 to '95
April, 1893
July, 1899
1874 to '85
1875 to '82
1876 to '93
1875 to '94
1875 to '83
1875 to '92
Oct., 1878
1876 to '99
April, 1901
Oct., 1902
1880 to '99
1901 to 1905
Jan., 1901
Jan. 4 April, 190:
1902 to 1904
1901 to 1904
Oct., 1905
1879 to '81
1891
1887
1885 to '94
1880 to '81
1881
1876 to '90
1876 to '90
1876 to "90
1877 to '86
1876 to '95
1876 to '95
1876 to 'IK)
1877
1879
1901 to '24
191 5 to '24
1915 to '24

tioii, the taxable valuation has shown an annna
increase. Mayor Cobb's message. January. 187*1
gives a net decrease of debt In 1875, amounting t<

$305,679.

(V. 22, p. 61.)

Brooklyn. —The statement of debt
Mayor's message dated .lannary 1,
made the whole city debt as follows:

is

Permanent loans

3,4t!'i,7St

Balance
liOans chargeable on specified property.
certificates

Total

whieli

$2fi,06'!,00(

Sinking funds

Tax

from thr

19',6,

,

$22.'''
.

JO.i

£:.;

$35,0.il,268<

—The

Mayor, in his message, January, 1376, statee
that the deht chargeable on taxation riecreaseri
in IS75 tf,,'iif. against an increase of $612,CS!1 hi
1874. $2,426,516 in 1873, $l,.5»1.411 iti 1872, and
$3,.590,581 in 1871. Population in 1870, 890,200, against
266,661 in 1860.
Valnatlon of property in King's
County ill 1874, by the State Board of EqualiziUion,
$170,085,370 for real estate, and personal, $18,975.!)8n;
they estimated the true valne of real estate
to be $426,393,740.
The Board of Supervisor!value the total taxable property of Brooklyn
in 1815 at $22.5,1-6,755. or about 65'per cent of frnc
value. The debt of Kings Countv, separate from
the debt of Brooklyn, is $3,936,0(i0, ol" which the
city is responsible for about $3,739,200. Average
tax rate in 187.5, S3 41 per $100, against $3 .52 in
1874, and $3 46 in 187.3.
(V. 19, p. 142, 652;
20 n.
'^

V

520.)

.

CITY SECURITIES.

April 2J, 1876.]

Saltscrtben irlll eonftor a mremt fltTor hj (ItIbc Immediata aoUe*

II

Date of

DESCRIPTION.

par

IIP

explanation/*

aci<

notex on

tlret

,toklini,—(Vonti lined )—
hiBcloBoy bonds

1872

I

18.57 to '72
1872 to '75

iNimiancut water loan

do

«lo

wciiii:!' tiDiuls. I'ontlniioiiH, local
\^s< -^Miifiil fiinil Uiuulh, roittlmiouH loi'al

-;.

<

anil Kiiit-kt'i'bockL-r

III r;L:

t

Hiodkljn
do
\ard bonds
liiiij.ijrarv tax ccrtlfleatcs

>.iii!l

1870
1872
187»
1872 to '73

avenue bondii
do

Itoiiii

v.—
imlnldcbt bondx, various puriwsos

!\,iftnt.,.
I

I

(

I

I

i

<•

i

l85.Sto'7.'i

A:

Jam«!st(iwu Katlroad

ty stock
ty bunds, ooiiiion

in:

INTERraj.
Where parable
arable and \tj

R1,000

l>319,000

1,000

9,4l(;,(M)0
l,3Hi),(K)0

1,(H)0

**"•"•

M.

A

do
do
do

4,435,5(K)

618,000
103,000

do
do
do

1,000

842,(K)0

do

l,6i».5,:-,0O

2,209,250
1,000,000
750,000

l.tMM)

2,77!t,:i82

1,000

100,000

Various
Various
Various
Various

&

.51.

4,119,003

6

51, .500

(S

297,700
281, ,500

7
7

500,&o.
1.000

91 <!,000
3,6(iO,000

6
7

J.

1,(MX)

M7,000
2,550,000

(S

J.
J.

<invor)<iuu

Water loan
do

500 &e.

do
Kiver imiirovpmcut bonds

and

S<:liool

li.'id E(f(!lc8ton

&7

Various N. Y., Metropolltun Bank.

B2

1868
1842 to '.•54

150.000
1,075,000
210,000
250,000
300,000
100,000
99,000
195,000
397,500
14H.500

A2

&F

*

W

C4

do
do

do
do

sold or sterling

I'loatinif debt bonds,
\V'ater-w orks bonds
'

W2

KB

incinnati Southern

<

coupon

1868
1868
1868
1860 to '61 1,0<X)
1855
1,000
1847 to '50 500 Ac.
1847 to '48 500 &c,
1867
1,000
1,0(H>
1868
1.000
1853
1.000
1853
1858
1,000
1869
1 ,(KH>
186»
1,000
1,000
1869
1,000
1871
1,000
1871
1.000
1871
1872
1.000
1874
1,000
500 &c
1876
1874
1,000
1875
1,000

6

7 3-10 J. AD. N. Y.,
Various
6
M. A N.
6
7 3-10 J. A D.
7 3-10 Various
7 3-10 J. A J.
H
6
6
6

250,000
HO.OOO
175.000

6

6

100,(HK)
1,50,000
1 .50,000

100,000
136,000
150.000
600,000
200,000
10,000,000
3,000.000

6
3-10
3-10
3-10
3-10
7
7
7
7 3-10
6 K.

7
7
7
7

.500,000

1

880 to •<»
890 to '95
1876 A -OS

July,

1881 to '9»

1874 to -TO
1890
1873 to 'S*

Am, Exuhange Rank,

Deo.,

do
do
do
do
do
do
do

1878 to '84
Nov., 188.5

do

do
do

1878

June, 1888

do

1

do
do
do
Am. Exchange Bank,
do
do

888 A 1889

July, 1888
Jan., 1890
Nov., 1890
April 1, 1805

A J.
M. A N.
A. A O. N. Y.,
March, 18A7
M. A N.
June, 1897
do
do
J. AD.
Nov., 1897
do
do
M. AN.
Jan., 190O
do
d»
J. A J.
June A Oct., 1900
do
Various
do
Maroh, 1908
Cincinnati.
M. A S.
Sept., 1899
M. A 8. N. Y., Am. Exoh. Nat. Bk.
Sept., 1899
do
do
M. A 8.
Oct., 1899
do
do
A. A O.
March 1, 188A
do
do
M. A 8.
Ang. 15,1886
do
do
F. A A.
Dec. 1, 1801
do
do
J. A D.
July 1, 1903
d»
do
J. A J.
1902
do
do
A J.
May t. 1906
New York or London.
M. A N.
May 15, 1904
M. A N. N'. Y., Am. Exeh. Nat. B'k,
J.

7 .3-10
7 3-10

5(X),000

,1.

250,000

1854 to '75
1854 to '74
1872 to '74
1874 to '75
1878 to '75
1864 to '71
1868
1860 to "74

I'undcd debt

Lake View Park
Canal
Viaduct, street and brid^
School
I louse of Correction
Main Rewers, special assessment
street improveni'ts do
-<lre<

1

18.55

1,000
1.000
1,000
1,000
1,000
1,000

J.
J.
J.
J.

'Bi)e/af«f—

Waterworks

1

'

640,(iOO
3,6H1..50O

J.

1877 to '83
July I, '82 to '05
,liilr 1, 1880
1

1870 to '72 1,600
1863 to '72 500 &a.

Water W..C, V. icK

Water Work purposes
fcueral improvement

.T.

Bank

do
do
do
do
do
do
do

...

lEnudn for new Hospital
8
><inds for new Hospital
82
i'luds for fuudUi); floutinKdcbt
L
lOiteuKion and improve. Waterworks. ..K
Honde to purchase Orp'n Asyl. grds. for park.O
llond^ for se wcra>fe
R
fSondi* for iMiproviu>r (Gilbert avenue
V
Itouds to liuild Kg^lcrttou avenue sever
B3
Hondw for improvement bonds
itondft f()r

Nat.

do
do
do
do
do
do
do

J.

J.
J.
J.

I&M

Hnatiugdebt

Am. Ex.

N. Y.,

,1.

(i

M

liondti for fiuidiui!,'

1875 to 'OS
1883 to '84
18*0

do

New York City.

7
7

toni'.N

llonds forest, and iiupr.

7
7

J.

8»&

Prior to 1930

Cliarloston.

195.(K)0

fur on'cttuii
a Workhouse
for WatiT Works
C2i(M
fur ( ominim School purposes
P2
iionilH for rouimon Schmd purposes
P
Kond.s to O. >t .M. It It. to purchase whf. prop. .N
i»n<lM
it.inilH

do
do

180.5
1

1881 to189.<<
1878 to 1026

3,423.000
2,000,000

.

oaii.s to Katlroads
F, A, O, U,
;'mds to O.ilt M. KK. to piu-cha.He wUf. prop.N

i

do
do

8.

&
&
i
&
&.
&
A
A

1876 to
1 893 to

York.

New York,

Q.-,
Various
J, A J

,;.

Now

Buffalo.

Buffalo and

500 &o.

bonds

avenue sewrr

Buffalo and

2,«2 1,000

<

I'ci

1880
1876
1875
1876-7

],000
1,000

^lunicipul lM>nds
^f imicipal

Jiouth Park loan (secured on South. Dlv.)
\V«wt Chicago Park (secured on West. Dlv.)
looii ounty debt

1881 to 1902
3 yearn from date,
3 yearn from date.

2,370,000
1,000
1,000
1,000

ucagw-•uwerage bonds

due.

Brooklyn,

N.

1,000
1,000
1,000

1853 to '.54
1866

loan bunds, coupon
bonds, to redeom past due debt

Principal— wbeo

rnom.

payable

v.

1873 to '75
..New YorkiPMladelphlaBallroad...| 1871 to '73
1888 to •7«
works bonds
ouds (Alt May 17, 1875)
187U

!:i!(V.

outstanding.

value.

page of tableii.

ora«r error 41a«ovar*4 la tbaaa Taklaa

Amount

Slic or

bonds.

IX

t,

oiHMiiugs, ito.

O'tlumt.utt. ila.

—

1,575,000
1,722,000

315,000
195,000
71M.0OO
424,000
200.000
««8,300

6&

7

6

7

A

Various N. \.,

do
do
do

7

7
7

6&7
0&7

do

Sub.ocriptlons to various railroad stacks
lionds forfunding and other piu'poses

1856 to '72 1,000
1866 to '71 100 io.

do
do
do

J.

856,600

Various
Various
Various

329,000
243,800

Various
Various

l,393,t!00

do
do
dn
do

do
do

A

J.

Exob. Nat. B'k.
do

do
do
do
do

do

New York.
New York and Columbus.

1878
1876
1887
1894
1893
1876

to '05
to '94
to "92
to '95
to '95
to 'SB.
1878, "83 A '84
1876 to '92
1876 to '84
1876 to '85

1870 to '95
1875 to '89

Ih'lniit. 3Sif.h.-

Ilonds for various City purposes
lionds for Water Work Co., on city's credit.
"ublic Building stock (City Hall) bonds

.

18.59 to '71
1872 to '74

1

I'ublic i-e\ver

KHzaheth,
I

.V.

bonds

J.—

mprovcuicnt bonds

1869 to '74
1870 to '75
1872 to '73
1865 to '66
1875

l''uutU d debt bontls
School House bonds

Market House bonds
bonds

<-on.solidatlou

.•</jiO.— The funded debt, Janimry 1, 1876, was
rw.;99, mid (l,iatlns debt. |!39ti.0i«. In 18?5 real
ilcwiw usse«.sed at 83'),lM;i.r3,1. and personal at
iei,3T0-total. S3't,!l«S,l05. BaflFaloalsopavsMO
ins $718,390,1 "f Erie county debt. City tax-rate,
53 on the Jl.OCO. (V .22, p. 233.)
<::k
I'liarh'-lon,, S. 6'.— The bonds of Charleston arc

$W

held within the State of South Carolina.
total awHc.ssed value of property In 18'3 was

iKiatly

The

rate of tax. 2 \)er cent. Sinking funds
rodnce the total del)t to |4,()74.e(B.
Chkago.—ttie. total fimded debt at the clo.se
of the year 1875 was $13,457,000.
Certificates
$S7,»VK,!»»1

'if

:

indebtedness,
! proi-erty, '74.

IH.tUI.OlK).
I(ii.5«,.5*!),3i0;

Assessed valne of
personal,

otal, #:iiH.-0.),140. Tiix rate. 18 mills.
ite vali.ntimi is $321,118,8*), and the

*4.5,15.5.8;«)

The Illinois
civ debt la

limited to 5 p. c. of that. The comptro'lbr savs:
the «1se provision in the Constitutionof
the State our funded delit cannot be increased above
the present amount for some years tocorac. Of our
$13,47'i,ono of funded dclit tt.Wl.OOO is on account of
the Water Works, which last vcar vielded an income
of »730,141 81. and from 'he rapid" extension of the
inalns and increase of population, will yield much
more largely in future. Practically, therefore, the
amount of our funded debt is ta,8'J7.0J(), being the
remainder after deducting the water debt. From
other socrccs the foil iwin,' is compiled:
.\»se.-*scd Valne.
-^
Tax
Year
Real Estate. Per. Katatc. Rate.
.^,

"Owing to

'»*
3»}

»31..587,.5t5

UVUVii.'

$.5.5.12.300
7.47»..57i

87,143.0W

11..581.7r)!)

I8I5

44,0tH,49»

20.1i44,B78

JUJ
3*7

88.49.5,116
140,8.57,040

19,«r.»41
51..1'),>,804

'-*»

174,505,410

5.VJ3;),46!»

$1.-.

00

8)00
2n 00
20 00
20 ()()
13 00
14 00

1.000
1,000
1,000
1,000
1,000

125,400
1,201,000
684,000
272,500

Various N. Y., Metropolitan N, Bk.
do
do
Various
Various N. Y., Metropolitan N. Bk,

2,969,000
703,000
90,000

Various N. Y., Farmers'
do
Various

AO

A.

,

Rateis 00
15 00

2.'«i,898.f>'i0

52,81J,820

1000

239.15I.S90

4.5.042,54)
49,10:i.l75
4.5.155,830

15 00
18 00
18 10

1871

1872
187S
1814

202,989,821)
258..549.310

Columbw, (M.— The

estate.

1880.. $61,821,901
78.738.4S2
1870
1871.. 123.4-27,888
1872.. 119.621.856
1873.. 121,479,330
1874
1875.. 135,97«,8iS

$31.411,SIi
57.370,754
.58.934.0H

Total
valualnn.
$»3.0B.7i8

$532,500,

and

$100.

per
$1.0:10.

$17 45

17S,a64,«Ull

61,166,460

185,645,740
181,930,074
181,498,565

23 06
23 38
28

!

K

is

sessed valuation, 181.5, real estate, $10,285,875;
iiersonal. $7,448,7.55- total, $27.n4.fi30; true value
Tax rate, $3 92 par
estimated at $92,582,100.

.55,46-'.410

58,5*1,730

debt

SelnAI, .mc/i.—The population in 1370 was 79.601:
The value of
in 1874. by State census. 101.06:1.
waterworks is $1,589,888, against a debt of $1,100,W)0.
The water works bonds are issued on a pledge
of the city credit, and $75,UO0 per year cjriA»Iccted in taxes to pay interest on them.

31 61)1
32 20
20 10

136,10;.a36
180.Snl.932

total

estate, 1875, $3,923,575.

Rate tax
Personal

>

the annual interest required about $40,000. Bonds
are all coupon, and were issued in small amounts
as wanted ; •25,IKX) fall due each year. City hold*
some stocks and other property. Valuation of real

*

Real

to '85
to '05
to '03
to '86
to '98

Cleveland.— The total valuation of property for
taxation is $7:i,no.l44 and tax rate 18 8-10 mill", of
which 4!« mills are levied for interest on the debt.
The sewer, street imnrovement and street opening
bonds are for speclHl local improvements, and redeemed by assessments on the property bencfltted.

(V. 21. p. 207.)

estate.

1875
1880
1881
1875
1885

Cincinnati, exclusive of the new loan for
small, bein« about
the Cincinnati Southern RK..
The city will be the sole owner of
the stock of this railroad, and thus not "aid In
building railroads," Ac. (V. 18, p. 454, 528; V. SO, p.
14; V. 81, p. 511; V. 22, p. 20'.).l

Cincinnati. ~\\\ a'ldition to the issues above
named, there remain several small amounts, as
follows: $25 DO) (T.) (Is, due July, 18."6; $108,0iK) .5j.
Xovcmber, 18«; *58.C0O (YY2,
O.I lis, 18S8-8S;
817.00) fis ((i.). NovcmbT, 1890; $27,0'X) 68. (.V),
March. :.S97.
B< the census of 1870 population
was 21H,!iflO, against 161,014 in 1880. Ta;; rate for
1875. $2-* 82 per $1,000, agaln-t $2:1 38 in 1874.
Under the laws of Ohio real estate has been valued for
puri>oscs of taxation once in ten years. 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 'iO to '74:

5'ear.

T. Co.

do
do
do
do

1875 to '89
1875 to 1900
1870 to '91
1802 to '04

$7,30,1,000.

Population in 1870 was 33«,8a5, and In October, 1874.
.i95,2«>, against 109,200 in 1880.
Cook Co. debt is all
7 per cent, and interest is all pavablcin ,T. & J., or in
M. A N. The So. Park, W. ('liicagoI'Krk, and Lincoln Park loans are not debts of the city, but of
distinct corporations.

A

The debt of

Tax

ril.tiW.BK)
52,3)S,!)50

Real Estate. Per. Estate.

do
.

do
do
do

VarioUN

80,(K)0

211.3.1,240
8J3,B41,B00

do

V^arious

^—-Assessed Valne.

Y'oar.

A A

F.

1,500,000

18B9
1S70

—

'

!2SS

1855 to '59
1835 to '75

i

I
'

Klizabelh. y. ./—Total debt "f the city of Kliaabeth .\ugust 1, 1875. was stated at $5,400,000, as follows: Cieneral debt. $950,000; assessment defct.
The sinking fund has to its credit
$4,450,000.
$900,000. Valuation of real and [Msrsonal property,
Tax
$32,000,000; assessed valuation, $16,000,000.
68 within the lamp and water district, and
rate is
$2 18 ontsido. Population in 1875, 25,000.

^

8

.

;

CITY SECURITIES,
aabaerlberB

wUl conrer a

DESCRIPTION.

[Apiil 29, 1876.

great tevor by Klvlng Immediate notlee of any error dlaeovered In tbeie Table*.
INTEREST.
Date of
Size or
Amount
Principal— Whc
Bonds.
par
outstandiui
When
Where Payable and by
Due.
Kate.
I

I

For explauatlons nee notes ou llrst page of tablesi

Value.

Payabiel

Whom.

&
A
&

J.

Galveston.

S.

do
do

Qalocson, TexasBon<l8 for liarhor improvement
City park bands (purchase of Wock 321)
'"
Bonds
Q8 for
f
vfiiioiis piii-poses
(inhesion Connty bunds, C C. &8. F. KR...
.

Indianajmllt—

Bonds

to railroads

I>onn bonds, scries

Loan bomls,

seiies

do

do

Loan

1869 to '70
1873
1874
1874
1875
1874
1873

A
B
C

Ijonds

PuroLaso-mouey lionds—BoutUcrn Park
School bonds— By Bourd of School Comm'rs.
Jertey City—
Wotei- loan bonds, mostly coupon

do

do

do

b( ) nd.s

Improvement bonds
do
do
Morgan street dock
City bonds, coupon

Various.

Funded debt bonds
Hudson City bonds
Bergen
do
do
do

1872
Various.

school loan bonds

1869
1869
1869

sewerage bonds

improvement and water bonds
bounty loan

Various.
Various.

Greenville street improvement bonds
Improvement eenitlcates (5 year law)
Louisville,

do
For Improvement of streets
Re-constructing street
Public builUinKs and institutions
Public scliool and school houses

,

Bewer bonds
do

1871 to '73
1853 to '70

1868
1871
1868 & '73

Elizabeth <Sc P. Railroad
Wharf property

bonds
Forold liabilities
do
do
Louisville, New Albany <b St. L. Air Line RR.
Change of gauge, Loufsv., Cln. <& Lex. RR.
Roadbed
do
do
City bouds payable by railroads
Memphis, Tenn.—
Sonooi and paving
» bouds.
^
„ .^bonds
Post
Funding loan, gold
Mississippi River Railroad bonds
Endorsement Memphis &. Little Rock RR
MUtcaukee—
He-adjustment bonds
General city bonds
Water bouds, coupon
do
registered

54,'62,3,

Jail

.

Scrip to settle old railroad loans

MobiU-

C
F

(payable annually till 1891)
(payable annually till 1886)
Bonds to Mobile & Great Northern Railroad
Bond.s to Jtobile & Al. Grand Trunk RR

Wharf bonds

City funded debt
To Mobile & Northwestern Railroad
New funding bonds

'..'.'.'.'.

Tenn.—
Nashville & Chattanooga Railroad
Various city bonds

Xashville,

Sewer and improvement bonds
Aqueduct Board bouds

1869
1870 to '74
1871
1871
1871 to '73
1851 to '63

500

10!i,,'jOO

1,000

100,000

1,000
1,000
Various
l,000&e
l,000&c
l.OOO&c
Various

500 &c.

1867,

'8, '0

1870

R»llrottd debt

i857

1,000

600 &o.

1866
1860
1859
1870
1870
1871
1871
1875

100 Ac.
100 &c.

1,000
1,000
10,000

1,000
1,000
1,000
500 &0.

1866to'7<i

1875

Various
J.

6

& J. N. Y., Winslow, L. A Co.
A J.
do
do
& J.
do
do
& J
do
do
& J.
do
do
& O.
do
do
J. & J. N. Y., Merch. Ex. N. Bank.
Various
do
do
J. & J.
do
do
J. & J.
do
do
M. & N
do
do
Various
do
do
J. & J
do
do

7
7
7
7

7
7
7
7
7
7
7

400,000
152,000
103,000
249.000

Galveslon, Texat
The total city debt is I87.<!,n0(>,
of which all are 10 per ct. curreucy except U06,500.
;

Indiitiapotie—Tha assessment of taxable pron-

&

J.

Various

& J.
J. & J.
J. & J.
Various
J. A J.
.1.

A
A

149,000
404,000
1,350,000
76,000
201,000
600,000
650,000

6
C

A.
A.

6
7
6

Various
M. A 8.
Various

7
7

J.

23-4,000

«
6

81,000
425,000
1,993,000
352,000
136,000
90,000
614,000
500,000
107,000
350,000
1,508,000

7
7
6
6
6
7
7
7
7
6

6

838,500
2,426,000
341,000
80,000
300,000
392,849
242,000
429,000
1,171,000
186,588

6

6
C
7

.

7
7
7
7

do
do
do
do
do
do
do
do

Jan. 1,1889,1,

July
July
July
July
Jan.
Oct.

July

A

do

A
A

N. Y.,

Bank

8

5
8

8g.

fi&7
6i;7

1883

June. 1901
1888 A 1903
1878 to 1898
Oct. 1, 1898

do
do
do

1889
1880, '94

of America.

do
J.
J.
do
Various New York and
F.

A.

Sept.,

do
do

A 1901
1891

Feb. 1, 1880
July, 1901 A 1903

1881 to '93

Louisville.

A J.
Memphis.
A J. N. Y., P. M. Myers A Co.
M. A N.
do
do
J. A J.
Chai-ieston.S. C.
A D. Milw. and N. Y., A. Goettel.
A J.
do
do
J.
J.

do
do

1883

190;i
& If 03
to %»

July, 1898

of America-

do
do
do

O.

A D.
Various
M. A S.

J.

1,

July 1.
1891, '92

Various
do
do
Various Louisville and New York.
A.

.V

1886,' 96. '97

New Y'oi-k and Louisville.

1873 to 1902
1873 to 1900
Nov., 1900
July, 1872

June
Jan.
Jan.
Jan.

do
do

1,
1,
1,
I

,

Feb.1,'75,

Various
Various

8

363,500
300,000

378,000

March

do

Bank

1879

April, 1S32
April, 1883
'89. 91

LouisvlUe.

N. Y.,

1,

1887,

J. Louisville, CMty Treasurer.

D.

1890

Various.
Various.

Bank of America.

do

1,

Various.
Jan., '98 tolBOO
July, 1889

6

349,(XX)

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

A
A

1894
1895
1899
1878

Various.

6

8
8

315,000
1,065,000

Various
Various
J.
J.

do
N. Y.,

18;'

I8S11

1899 to 1913
1875 to '76
July 1,1913
May, 1891
1892 to '94
June 8, 1900

O. N. Y., Mercantile N. Bank.
O.
do
do
N. Y., Bank of America.
J.

1,

1,
1,
1,
1,
1,

Jan., 1877 to 'Ob

July

A J. Mobile, Bank of Mobile.
A J.
do
do
A J.
do
do
A J. N. Y., Merchant.s' N. Bank.
M AN. Mobile, City Treasury.
J. A J.
do
do
J. A J. N. Y., Merchants' N. Bank.
M AN. Mobile, Mob. Savings Bank

539,209
232,400
329,000
750,000

1,000
1,000

A

1891
1901
1902"
lOOi
'6,

'7

J.
J.
J.
J.

New York,
do

500,000
400,000
2,500,000
3,030,000

7
7
7
7

Newark, City Treasury,
1876 to '93
do
do
1878 to '91
A. A 0.
do
do
April, 1888. to' »l
J. A J. Newark Mech. Nat. Bank,
July 1, 1895
M A H.
do
do
1879 to '93
Various
do
do
1876 A 1892

4,042,000

6

J.

209,000
130,900
3K8.0O0

G

1,890,000

Various
Various

18.52

1.000
1,000
1,000

1852
1852

l.O(X)

(i
(i

A J.
M AN.
Various
J. & J.I

on which the tax rate is *3 00
per $100 on l;68.4<W,8.-», and 1 per cut on railroad
property assessed at »! ,000,000. Population by State
census in 1815 was 110,883, ajjaiust 85,000 bv U «
census of 1871'. (V. 18, p. 100.)
is t8H,49(l,8.S.J.

42J,974;for 1869, $rA-!81,091; for 1870, lf7l,S0«,712;
*^l!?'-*™'***''"*5;for 1872, t77,16G,6!2; for 1873,
t77,2-i5,37'2.

LmUvlMe.—Tho fanded debt, January ) 1876
1' railroad loans, was S8,.330,IK)0, aiainst
$8,504,010 Janu.ry 1, 1875. Of the *8,.S3'>,00ii' there
IS payable out of the sinkin:; fund
$3,705,000; payable by special Ux. «4,ta5,000. Assets of the sinking fund, Jan. 1, 1875, were $.3,180,6«. PopiiLatioii
ny eonfus of 1870 was 100,75'), against 68.033 in I860"'"°" "* ''""'* "' ? to a voter makes
I^n^US"™*'*^
J-tCOOO. Assessed value of property, about $79 000,000. Real value. $100,000,0( 0. Rate of taxation
for all city piiriioses in 1875 is— Eastern Liistrict,
fr'^m? ?'v?- Western Dietrict. $2 33; State tax,
4Sc. 1 he following figures give the assessed
property valuation for the past six years. For
18ti«, $5a,-

&,;^'iK
1810,40,2.10.

T,^''

(V.

''"''• *=^ ''« *1""21, p. ]8i), 670.)

I'opnlation

:

n

MUwaukee.—'\'\\K city cannot issue debt beyond 6
per cent of iis {iverage assessed value for live
years
which 13 $43.51.5,000; in 1874 it was Sa->,1.57,' 00 of
real, and *l6,I07.«-3 of personal;
tax rate, 281tf
mills.
Sinkitg funds are provided for all tiie bonds.
Old railroad bonds, $200,000, due 1876 and 1877
(with interest about $400,000). have been held valid
'^"yPopulation by State census, 1875,
?.?.*'„"„5l'' "'i"
101,000.

(V. 17, p. 187, B28, 691.;

Orleans.

do
do
do

.

I

July

1, X89'2

.Tan.

1. 1892
1892
1, 1875

May

offered at 75 per cent of their face in tiie new 6
per cents. This has been accepted to a considei*able extent, but no report yet given. Population
about 38,000. (V. 10, p. 302.)
is

XanhvUle. Term.— At the close of the fiscal year,
Sept. 30. 1875. there were glSl.lTO of past due bonds
and 81,% 410 unpaid coupon-^. The total debt wag
gl.787.2-2. Assessed valuation of all property, about
$13,625,775; tax rate, 187.5, 2 per cent.

A'sKWrt.—Tiie bonds in the first line in the table
are pavable out of the sinking fund of IS69, whick
amoiinis to $.3S5,.368: tliose in second line out of
sinking fund of 1864. $8 2,7.57; public school bond*
outofpnblicschoolfund, $89,034; Clinton Hill bondi
by sinlihig fund, S2i.-2'31, againnt local improvement bonds the city holds $!!,.5(18.il8 of assessments
unpaid and a lien i>n the property. Temporary loan
bonds, Jan. 1, 1870. were $767,750. Valuation of
1

real estate, 1874, $7!^5.38,2:i8; personal,
I ate for all purposes, 1875, *1 i)8
per
ulation in 1870, 105,059.

tax

$24,883,800;

$10 j.

Pop-

A'eio Ortean«.— Interest was in default Decembor,
1814, bnt coupons then due wore jiaid May 15, 137B.

In July it was decided to nay half thi face of
coupons on sp citted issues, on the stn-ugth of the
flnancial statement then made.
(See V. 21, p. 86.)
The total funded debt, July, 187.5, was $-;2.0o2,030;
floating debt, $1,-J86,870.

property
»,^/25'/t-~'^'"' valuation of property in 1876 is
$l-.;.89),825 real
estate and $5,377,7i8 personal
property; tax rate. 1>^ per cent.
Interest has
been in default since July. 1873.
settlement with
bondholders was offered by Commissioners in New
'*'"'• vi2.:
1.°''
S-'ilO in 6 per cent bond tor
J.^'S'''-'
f 1.000 of the old 8 per cent. The 5 ler cent bonds
have a lien on city revenue, and exchange for these

A

New

1

;

•J"!,'.?."^^

do
do
do
do
do
do
do
do

Various
J.

^}7J",^^-* ^'" *(ii,301,r>i6; taxes for that year,
Memphis, Tenn.—rhe city has been In default for
J510,026, or a lev.v of $1 .3.i per $!(». Total debt interest
since J.,n. 1, 187.1. The total lloatiTig debt
June 30, 18:5, was Jl.^S.Ono. The School Board is
a distinct organization fiom the city, created by a January 1, 1876, was S2,074,b7-2, and there were
nominal
assets (unpaid taxes, &c ) to balance
separate act of the Legislature; levies its own tax
which 19 collected by the City Treasurer. The city this of $1,927,808. Ill 1874 the policy was adopted
of receiving proposals for the sale of past due
warrants are discounted wlien sold. The floatiui
debt of this character, Jan. 1, 1875, was *iOu,(X)0° coupone, so far as the funrls in hand permitted. The
City Council declared the fundiscaiid paving bonds
payable during this year.
issued by Ma.vors Ixiftwich and Loiland 1807-8-9 to
Jersey CUy.—r\\e lotal bonded debt of the city, have been issued illegally, but allowed the cnupons
April I, 1875, was stated »t $14,^47,500, as follows- to be received, pro rata, according to ilio amount
General, $:J,558,n00
ass.-s8raont debt, *f; 00 1500- realized by the city for tlie bond'; hut a decision
*<'6'"'-0«"The sinkmc fund was of renn. Supreme Court, December, 1875, was
rS.^L?®''''.
^5:10,585.
A8scs8<d valuation. Inchidinc railroad ag.,gnst the citv on this point. Assessed valuation,
property,

IWl

York.

City Treasury.

I.

7

6&

1880 to '87
1892 to 190-2
1874 to '95

J.
J.
J.

6
7
7

900,000
622,000

New

J.

Jan.

7-3
7-3
7-3
7-3
7-3
8

1,418,000
3,109,800

1,866,000
3,433,000
125,000
921,000
500,000
171,050
150,000

M.

1

$650,000

lH.i4-.-)5

—

500&C.

1861
1871
1872
1872
1873

(local liens).

applicable (
\ yearly to interest and <
Jprlnoipal
(

do
do

l,Of>0

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

1,000

—

Orleans
Consolidated debt)

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

1867to'68

1849

Ifeuiark—
Bonds, various city pnrposes (9. fund of 1869)
War bonds, floating'debt, &c. (s. fund of 1864)
Public school bonds
Clinton Hill bonds, coup.A reg. (s. fd.3 p!c.)

do
do

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

145,000
300,000
300,000
300,000
200,000

J.

g.

8,000

1852
1854
1857 to '67
1873
1866 to '67
1873

Waterworks

Kew

500

Ky.—

For Jefferson ville Railroad stock
Subscription to stock of I1.&N. RR

Clty debt A, B,
City debt D, E.

10
8
10
10

$71, .500

35,000
766,500
500,000

1852 to '67 1,000
1869 to '73 1,000
1870
1,000
1873
1,000
1871
500 &c.
1872 to '74 1,000
1870
1,000

Improvement bonds
Forty-yea r

1809 to '74
1873
1860 to '74
1870

is

$98,46:),a6i»

The

assessed valuation of

real estate,

and S2i,nS.8.M

personal. State tax, 14X mills; city t.ix. 25 mills;
total tax, 39.^.
scheme for settUng the debt bjr
a bond premium drawing plan has been startea,
and first drawing took place Nov. 3, 1875. The
premium bonds exchanged for others and outstanding. April 15, 1876, were «5.667.300. Popnlation la
1870, 191,418; in 1860, 138,070.
(V. 21, p. 64, 36, 159,

A

S18, 511, 618.)

..

A^nl

CITY SECURITIES.

29, 1876.]

•kaeribara will conftr • creat ATor br clTlnc iMBteAIat* Botle« of any error 4UeoT«r«4 la thaaa Tablaa.
DESCRIPTION.
I'or explanatloDii see uotea

Date of

Size or

Amount

Bonds.

par

outstanding.

on first page of tables.

Value.

(>r!enn»—( Continued J—
X855
$1,000
Ballroaddebt
18.51
1,000
do
ISii.'i
1,000
do
186'J
....
Waterworks loan of ISOS)
1809
Seveu ppr ceut lundlnir loan of 1869
1870
do
1870
do
•57, •67,-70
.leSiirson City (debt asaumed)
1870
Wharf iinpr. bonds (assumed by lessees)..
1871
1,000
-Tect iuiprovouiont bonds
1872
1,000
ousolldated Kold bonds (Kouernl series).
do
1872
1,000
(dralniiKe series)
do
1871
Various.
Ten jx-rrcut hoiuls, dotlcit :ind old claim.
('.arrollton funding; iind iniprovoment bonds.. 1871 to '72
New iTtmluiu bonds (In excUauge)

Rate.

Ifeie

.

.

\i'w

1841 to '63 100 &o.
1870
100 Ac.
1845 to '00 100 &0.
isor.
100 Ac.
1870 to '72 100 *0.
1871 to '72 100 &c.
1865 to '72 100 &c.
1867 to '70 100 &0.
1869
100 Ac.
1853 to '57 100 &0.
1853 to '57 100 Ac.
1857 to '05 100 Ac.
1852
100 Ao.
1870
100 Ac.
1860
100 Ac.
1865 & '08 100 Ao.
1869
100 Ac.

Water stock
do
water stock
New Ooton .Vquodnct stock
Additional now Croton Aqueduct.
Crotou water main stock
Croton Itcscrvoir bonds
Croton Aqueduct bonds
Crotou water pipe bonds
Central Park lund stock
do
do
Central Park Improvement fund stock
Doiks and slips stock
Dock bonds
Floating ilobt fund stock

Market stoi'k
City Cemetery stock
City impi-ovemout stock

do
do
Lunatic Asylum stock

1869

Fire diniartiuen t stock
Fire teleKrapb bonds

Tax relief bonds
do
do coupon
New York Bridge bonds
Accumulated debt bonds
Street improvement bonds
Street opeulnK and improvement bonds
Volunteer soldiers family aid fund bonds.
Nintb district court bouse bonds
Consolidated stock, coupon
Department of Parks improvement bonds
Central Park commission bonds
Assessment bonds
CHty i)arks Imnroveuient fund stock
Normal school fund stock
I'libUc school

building fund stock
Additional ( 'roton water stock

Hewer repair sto(^k
Improvement bonds
imsdlidated stock
,Mus«uni of Art and Natural History stock
liijuidation of claims and Judgments
(

Third avenue— 23d ward
Third district court house bonds
County court bouse stock
do
No. 3
do
do
No. 4&S
do
Soldiers' subs red. bounty bonds
Soldiers' bounty fimd bonds
Soldiers' subs, and relief red. bonds
.-^"hlicrs bountyfund bonds, No. 3
.Soldiers' bounty fund red. bonds, No. 2
lUot damages red. bonds
do
lu demnlty bonds
A ssessmen t fund stock
do
do
do
do
do
do

Improvement

of

1869
1870

1863
1871
1871

1871
1871
1871
1871
1872
1872
1874
1873
1873
1874
1874
1862 to '68
1871
1872
1864
1864
1864
1865
1865
1864
1864 to '72
1868 to '72
1873
1874
1875
1870
•

100 Ao.
100 Ao.
100 Ae.
100 Ao.
100 Ao.
100 Ac.
500 Ac.
100 Ac.
100 Ao.
100 A»
100 Ao.
100 Ao.
100 Ao.
500 Ao.
100 Ao.
100 Ac.
100 Ac.
100 Ao.
100 Ao.
100 Ac.
100 Ac.
100 Ac.
100 Ao.
100 Ac.
100 Ac.

100 Ac.
100 Ac.

1(K)

Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ac.
Ao.

100
100
100
100
100
100
Impairs to buildings stock
100
L'ousolidated stock, coupon
1871 to '72 500
Accumidated debt bonds
1869 to '70 100
N. Y. and Westchester Co. Improvement bonds
1870
l.iciuidation of claims and Judguients
1873
Consolidated stock
1874
....
For State sinking fimddfrftciency
1874
xbt (it Westchester towns annexed
::::
I

F't ihiijelj^ihia

—

timds issued prior to consolidation
do for railroad stock snb8ld.v subseript'ns

total debt of New York
1, 1876. was
$144,622,023; the amount of
funds Sa7,~lS.307. The followins siatement
allows the del ails of funded di'.bt, and the amount
ia the city iiukiiig fund at the dates named:

New York CKjr.— The

Imnnry
siuliing

Jan.

Jan.

1.'74.

$

Deec-iptlon.

Jan.

1, '75.

t

Funded debt

99,492,219
Sinking funds... 24.832,017

1. '76.

$

118,211,567
88.015,778

1

19,050,90-3

true

value of

7
7

l»6,.'i00

8

590,000
172,000

7-3
7-3

7g.
7«.

1,2(11,000
t:54.<IOO

A O.
AN
A S.
J. A J
M. A S.
J. A D
Various
J. A D
F. A A,
A.

New Orleans.

M.
H.

do
do
do
do
do
do
do
do
New York or London.
do
do

5—J.

770,050

10

A-

29.2.50

8

H.

A6
SAO

IkT

2,420,700
500,000
2,900,000
250,000
3,420.000
3,500,000
905,637
490,000
450,000
3,341,071
399,300
6,349,800
50,200
5,070,000
'2,748,000

296,000
75,000
451,200
8,156,296
700,000
521,953
597,586
2,767,000
3,000,000
1,500,000
6,500,000
3,664,839
1,000,000
260,500
300,000
4,252,500
3,832,500
1,245.500
13,030,800
5,375,000
200,000
636,000
610,000
265,000
500,000
10,343.700
675.000
1,448,175
41,000
194,000
2,502,000
600,000
503,000
4,000,000
940,700
745,800
370,600
1,000.000
855,204
1,719,400
492,700
•253,000

900,450
100,000
8,885,500
6,000,000
30,000
100.000
1,680,200
3,899,493
1,500,000

real

5

A
A

6

6
7
6
5
6
5

6
6
7
6
6
6
6
7

A

1879 A 1880
Nov. 1,1902
1883 to '90
1884
Aug. 1, 1900
Nov, 1, 1900
1907 to 1915
1907 to 1911

N.

\
s
mI'a n.
Q.-F.
Q.-F.
JT A N

a
a

1880
1887
1808

Q.— F.

a— f!

\i876, '87 A '95
1876
Not. 1,1001 to
1878
1894 A 1897
1888
1889
1889. "92, 96
1889
1889
1884
1879
1890
Nov. 1, 1905
1884 {©•as

M.

M.
M.
M.

A
A
A

!l

Co
g«

SAO
6

3.
J.

A
A

estate is estimated at

By an act of 1874 the towns of West
Farms, Morrisunia and Kiii^sbrid2;e, einbracing;
about 12,000 acres, were auncxcil to Now York. The
debt of theeo towns was about $1,500,000.
$1,935,021,510.

From the termination of the Tweed regime in
1871 to January, 1S75, the gross increase in debt was
33,252.049, and Comptroller Green has claimed that

1879 to '82
1875 to '70
1890
1901
Not. 1, 187S to '79
1875
Not. 1,1875 to '79
Dec. 23, 1901
Nov. 1, 1891
Nov. 1. 1891
Nov. 1, 1891
Nov. 1, 1882
Nov. 1, 1875
1894 to '98
1903
1876
Nov. 1. 1877
Nov. 1,1890
1875 to '92
1884 to '88
1894 to '98
1875 to '76
1883 to '90
1880 to '81
1895 to '97
1891
1877 to '79
1882
1887
1903
1876 to '78
1910
1884 to '83
1901
1884 to '83

il

I!
!»*

« a

•

S*
21
aa

N.
N.
N.

'3

1876. '77, '78, '88

W3
t»

M.A N.
M.A N.
M. A N.
M.A N.
M.A N.
M.A N.
7
6
M.A N.
6
M.A N.
M.A N.
M.A N.
7
M. A N.
M.A N.
"(i'
M.A N.
6
««• M.A N.
M. A N.
M.A N.
6
6
M. A N.
7
J. <E D.
M.A N.
7

;

I

do

AN
M.A N.
M. A N
6A7 M.A N.
M.A N.
6
M.A N.
6
7
M. A N.
N.
M.A
7
M.A n:
6
M.A
N.
7
M.A N.
6
M.A N.
7
CA7 M.A N.
M.A N.
7
M. A N.
6A f' M.A N.
M.A N.
7
M.A N.
7
6A7 M.A N.
M.A N.
6
M.A N.
6
M.A N.
6
6
M.A N.
6
M.A N.
J. AD.
6
M.A N.
6
6
M.A N.
7
M.A N.
7
6
7

.

—

,

Q.-F.

the old demands existing when he took ofllce,
together with the bonds issued to pay dcflciency in
State sinking fund, and for up-town improvements,
91,62.5,779
91,.m-l.{9fl
21.3Ji.200 aggregate more tlmn this whole increase. All unad20,SM,700
Iteveuue bonds.
justed
claims against the city Jan. 1873, wore nomi9,790,978
2,7O7,.5O0
4,142,925
nally $6,971,149, a large part of which the CompThe [lopnlatioii of New York by the U. S. census troller claims to be fraudulent and has determinedly
in 1870 was !«2.531, against 805,6o8 in 1860.
Since opposed. The outstanding assessment bonds (payJan. 1, 1801, the valnaiioii of property, the rate of able out of local assessments ou property benefitted)
taxation, and the net amount of fanaed debt have
are represented by advaiK-es to contractors, adbeen as follows:
vances on Boulevard work, and uncollected local
^Ratetaxp.
Net
Real
Mayor Wickhiim objects to the
Personal
Funded asse.ssinents.
$1,000.^
that the
Year, estate.
present method of authorizing bonds
estate. State. City.
debt.
laws are mandatory on the Board of Estimate
t
$
t
1861. .400,95.5.00-) ir4.02l,.W) 3 02
and leave them no discreiiou. He says: "The
!B 35 f 20,03r,.301
control over the pro1962..399,5.5«,4fll 172,110.031 .I 87
13 45
21,09.1,500 Common Couucll has n>
18B3..402,187,:ifi2 191,907,161 4 J7
16 08 J, 20,185,190 ceedings required to be taken under several of them.
1864..410,774,4:« 22:).9i0,of)5 5 31
17 ii •§ 33,769,001 But some ollicer or depurtmeut of the City Govern1865..427,:)efl,8H4 18;. 42-3. 471 4 HO
24 94 5 35,973,5;)7 ment is by each of them authorized to prosecute a
18fl6..47-,!i:«.!WI 2.57,9^4,974 3 94
19 06 "- 33,051,683 public work of some sort, and to iucnr obligations
18«7..555,417,00J 27f..:i89,-l51 4 07 22 0;j 5.0 32,914,421
for it In the name of the city, and for the payment ol
1668..023,i:i0.,5.55 285 199,972 6 Xi
to 17 •= 35,9S.'),647 such obligations city bonds must be issued." Extract
1»..084,18),918 281^112,090 2 72 19 98 = 4;, 791.810 from Mayor's Message of January, 1878, is given
1870..74«,in:).l)75 305,281,374 2 70
«.
19
r.l 80
in V. 2J, p. 61. (V. 21), p. 14, 29; V. 21, p. 88.)
BU !
•ra,:j/,),u»J:
73,373,552
1871. .709,3 12.250 .306,!t47.2tl3 4 43
17 90 »i 88,:Jfl9,38»
1372..7»7,14S.005 :iC0,919,422 5 20 3:181 S 95,58i,l53
Philaddphla.—TVie total funded debt, January 1,
I873..886,0'>3,3S0 lSn,V.n,MA 5 41
19 .59 •;" 106,:«S1,471
1876, was $68,696,691; guaranteed debt, $.5,399,400;
1H7i Mui K/fi TMi.'. OT'o
Aai
1QI 6
u tiK
(ti i\K
lu^
*|r,
QKQ
1874..8«li.54l!9<>5
95
272'.48l!l8l
21 0.5
floating debt, 8S,»"I.4:12. Sink, ng funds, $I0,0:W 300.
1875..8)i3,043,543 2U,300,1M
29 lUThe net increase of debt in 1873 was only $2»1,5.9.
•

->

7A6 g. M.A N
Q.-F.
6
6A7 ATA N.

27,748,307

I

April 1, 1875
1874 a nd 1894
1874 '7: and '94
Jan. 1, 1899
March 1, 1894
June 1. 1895
1887 tolS07
Dec, 1880
Aug. 1, lOll
July 1, IVii
July 1, 1933
April 1, 1881
1802 A 1901

New Orleans.

O.
N.

«
U

6A7

Net debt
74,0.59.002
Temporary debt.. 21,927,:OT
.

iloai— When
Principal—
Due.

5,607,300

6.940,741
1,725,000

—The

5

1,608,250

1.54,091

100
100
100
100

6
«

l,237.,-)O0
2,'2O!),950

York—

Crotoii

I

$63,000
1.940,000
197.000

INT£RKBT.
Wbere ParabI* and \>j
Pay'blc
Wnom.

When

o

u
>.

1891

1876
1896
1877 to '86

J. Phlla., Far.

A

Mcch.fN. B^k

do

do

,T.

1876 to '85
1876 to 1903

disbursements of the city for 1875 were
as follows; ./udgmenta, Ac,
$378,422; interest on city loan. $3,734,215; Interest
on endorsed warrants, $196.89S; sinking fuiida,
$785,899; warrants of previous years, $3,911,417;
amount paid on loan warrants. $1,447,809; for the
erection of public buildings, 85'20,412; school fund,
»3.454; State tax on settlement. t53,515; cash for
The Comptroller'*
the departments, $2,389,:)77.
statement to form a basis for taxation In 1876,
was issued Nov. 1, 1875, making total estimated
liabilities, $26,296,282 84.
Of this amount $9,296,203 was estimated to come
from other sources than taxe", leaving 817,000,080 to
be raised by taxes, at a rate of $30 iier $1,000 on fnll
These estimates, however, were
citv property.
materialfv reduced by the Councils, and the tax
rate was "kept at *a 15 for full city property. The
followlug table exhibits the assessed valuation and
tax rate in the city since 1870:
Total

ti:j,446,451, classified

Real

Personal

Rate Tax

Tear.

Estate.

Estate.

1870
1371
1872
1873
1874

$470,851,800
491,844,096
508,415.963
618,934,568
189,003,609
665,849,095
583,408,706

$8,188,873
8,59i,T86
8,608,819
8,930.700

per $1,000
$18 00
18 00
80
»1 SO
00
«l BO

1875
1376

9,2S9,98.'J

9.431,873
10,001,673

»
«

9150

of city debt matnring la
the next flveyi^ars. Assessed y -Inations for 1878 are:
Fnll city property, »5:J7,213.2s2; tax rate, $9 15;
suburban property, $38,031,673; tax rate, $1 46: farm
property, $20,168,433; tax rate, $1 1»X. Population,
i870Vt)74,0«2, against 565,528 in 18W.

There

Is

ro large amount

.

'

CITY SE0URITIE8.

zii

[April 29, 1876.

;

Sabacribera %vUI confer a zreat favor by Kirlns lufiine^late notice of any error discovered tu tbeae Tables.
INTEREST.
Principal—
ipal— Wl
wlii
Size or
Amount
Date of
DESCRIPTION.
When Where Payable, and by
Due.
par
outstitnding.
Bonds.
Rate.

J<'or explanations

see notes on

first

1868
1862
1860

4,8.53,500

to '70
to '65
to '70

11,6.50,000
11, 61)0,3.50

5,399,400

Water extension loan (coupon or registered/ .- 1868 to '74
18-15 to '72
Funded debt and other niuuiclpal Iwuds
1863
Coniproiniso railroad bonds (coup, and reg.)
Bonds for impr. Penn., 4o. (local assessment). 1871 to '73
PoHlaiul, He
18G8
Loan to Atlantic & St. Lawrence Railroad Co.

4,413,400
1,537,286
2,179,149
4,653,700

.

—

1869
do
do
do
1870
do
do
do
1867 to '69 500 4c.
do Portland & Kochester Railroad
1872
do
do
do
1867 to '68 1,000
do Building Loan Commissioners
1872
do Portland <& Ogdensburg
}
Municipal— proper
1852-73 500 &0.
In aid Atlantic & St. Lawrence Railroad Co 5

Providence, Jt. I.—
Loan to Hartford. Providence & Fisliklll
Bonds for public improvements

RR.

Recruiting and bounty bonds
Water loan bonds, gold, coupon and reg

do

do

do

1855
1863
1872
1874
1875
1872

City Hall & sewer loan b'ds, sterling, cp. or reg
ProV. &Sprlngfleid RR. bonds, guaranteed...
•Itoehealer, N. T.—
To Genesee Valley Railroad
To Rocn. & State L. and R. N. & P. Railroads.
For various city improvements
Water works loan, coupon and registered
1875
Fimding loan
San Francisco
1858
Bonds of 1858, coupon (gold)
1862
Baji Francisco & St. Jose RB., coupon (gold)..
1863 to '64
Judgment bonds, coupon (gold)
(gold)
1864
Central PaclUc Railroad, coupon
1865
do
do
Western Pa«illo Railroad,
do
1866 to '67
do
.
JBcbool bonds,
""^
do
1867
do
Judgment bonds,
1870 to '72
Bcbool bonds
'

,

\

,-

Bospital bonds
House of Correction bonds
Satanna/i, Oa.—
Subscription to Muscogee Railroad
Construction of water works
.

Improvement of Savannah River
Savannah, Albany & Gulf Railroad
Funding coupons and other purposes
Bedemptlou of bonds
do
do
Bonds for city improvements
Harbor, Ac, Improvements
For floating indebtedness

1851
1853
1853
1853
1866
1869
1870
1870
1872
1873

•

'.

1,350,000
2,230,300
375,500

500,000
600,000
300,000
2,000,000
2,000,000

lOOO&c.
lOOO&o.
lOOO&o.
lOOO&c,
lOOO&o.

£100

1,400,000
500,000

1.000
lOOOAc.
Various
lOOOdko.

500 Ac.
500 Ac.
.500 Ac.

500 Ac.
500 Ac.
.500 Ac.

500 Ac.
500 Ac.

500
500
500
500 Ac.
100 Ac.

1871

StLouli—
Renewal and

floating debt bonds
1846 to '71
estate, buildings and general purposes.. 1840 to '68
1851 to '66
Street improvement bonds
Water work Imnds (old)
1856 to '58

Beal

Tower Grove Park bonds (gold)

1868
Sewer bonds
1855 to '69
Harbor and wharf bonds
1852 to '68
New water work bonds (gold)
1867 to '70
do
do
do
1872
Benewal and sewer bonds (gold)
1871 to '73
Renewal purposes, gold or sterling
1873
Renewal and iraprovcmpnt bonds, gold
1875
Renewal, &c., bonus, gold or sterling, coupon
1874
Bridge approach bonds (gold)
1872

St.

A O.
J. A J.
6
M. A S.
6
5
J. A J.
5 A6g. J. A J.
5g. J. A J.
5 g- J. A J.

1867 to '71
1853 to '55
1867
1868
1872
1873 to '75
1875
1875

General purposes, gold
Renewal, gold

Park Ijonds, coupon, gold
Coimty l)onds
St. Faui, Minn. —
Revenue bonds
Preferred bonds
8 per

4ient

Various
Various
Various

bonds

i^ke Superior &

1.000
1,000
1,000
1,000
1,000
1,000
1,000
1,000

1868

Mississippi Railroad

Paul & Chicago RailrotJd.
Public Park (Como.)

500 Ac.

St.

1,000

tUt»burgh.—Tb.e total debt Feb. 1, 1875, was $13,including water loan and bonds, chafi^eable
local ujs«esanients. Cash valuation in J874 Real
property, J170,'iij,9M; pergonal, only $2,38^,a G,
according to Comptroller's report. Sinking funds,
Popniation about 140,(XX),
(SS3,'.Ktt.
S(£{.S19,

on

:

'

I

A
A

Best., Blackstone Nat. B'k.

7
7
7
7
7
7
7
7
7
7

g.

%'

6A 7
7
10 A 6
10

Jan., I87B

do
do
Boston, Prov. and London.
N. Y., N. City Bank, A Prov.
London, Morton, Rose A Co

Jan., 189:-:
Jan., 19(Hl
Jan., 1900

N. Y., Metropolitan N. Bk.
New York and Rochester.

do

do

N. Y., Union Trust Co.

6

Various

San Francisco,
do
do

Jan.

do
da
do
do
do
do
do
do

July

450,000
1,490,000
100,000
500,000

7

6(M),000

6

450,000

6g.
6g.
6g.

8
6
6

1888

1,

1877 to '78
1, 1883
1,

1894

Mayl.

189.'i

April 1,1881
Oct. 1, 1887

Junel,l882to'9
1897 A 1904
Nov. 1, 1891
July

do

1,

1894

June, 1876
Feb., 1878

Nov., 1883

Dec, 1888
Feb., 1886

1879
1890
1900
1902
JiUy 1, 1903
Nov.,
June,
Nov.,
Jan. 1

,

A

&

100,800.

1879 to '86
1880 to '83
1877 to '88

St. Louis.

O. N. Y., Nat. B'k Commerce.

do
N New York or London.
do
N
do
J.
do
do
D. N. Y., Nat. B'k Commerce.
do

A
A J. N. y., Nat. Bk. Commerce.
J. A J.
do
do
J. A J.
do
do
M. & S.
do
do
J. A D.
do
do
J. A J.
do
do
A. A O.
do
do
M. AN.
do
do
M. A N. St. Tanl and New Y'ork.
M. A N.
do
do
Various N. Y., P. M. Myers A Co.
J. A D.
J. A D. N. Y., Farmers' L. A Tr. Co,
J.

1876 to '91

1876tol90«
Aug., 1878
18'76to'89

do
do
do

J.

A7
7

190;;

Oct.

and Savannah,
do
do
do
do
do
do
do
do

AA

6g. M. A
6g. M. A
6g. J. &

12

1,

1878 to 'H9
1891

6g.

g.

Jan.

Nov., 1889

680,000
1,074.000
657,000
2,072,000
461,000

2,300,000
500,000

1878 to 1903
1893
1876 to 190-2
1905

AN.
do
do
Various St. Joseph and New York.
A J N. Y., Nat. B'k Commerce.

1,2.50,000

7

July 1. 189.J
1892

M.

A.

7

1885

Sept.,

do

do
6g.
Various
6
do
Various
do
6
6g. J. A D New York and

6g.

'91

April, 1877

Various N. Y., Nat. Bank Republic
Various
do
do
Various
do
do
Various
do
do

g.

1886
1887
1888
1887
July 1, 1897
Jime, 1877
1907
Nov.,
Nov.,
Nov.,
July,

J.

F.

6

1893 to '98
1875 to 1 121)
1913
1883 to '85

1880 to '89

6

g.

187G to 19(1.-.

Various N. Y., Nat. B'k Commerce.

2,010,000
1,260,000
166,000
337,000
346,000
914,000
1,219,000
3,950,000

6
6
6

>

Providence,

J.

99,000
198,000
64,500

7

187Gtol90:;
I

1876 to

Boston and Portland,
do
do

A O.
J. A J.
M. A N.
A. A O.
A. A O.
J. A D.
J. A J.
M. AN.
J. A J.
J. A D. New York
F. A A.
do
M. A N.
do
J. AD.
do
do
J. A J.
M. A N.
do
J. A J.
do
M. A N.
do
J. A J.
do
do
J. A J.

Koc/usler.—The bonds of Genesee Val. KR. loan.
$172 000, are provided for by net receipts' from a
Fortiand, Ut.—The sinking fund March 31. 187fi, lease of said road to Erie RR. Co. after paying the
was $537,19;. The city js protected by mortgages interest out of said receipts. Valuation of "property
on At. A St. Lawr. and on Portland & Roches, about $62,000,000. Rate of tax, $1 ai.
tcr Railroads, and holds 7,143 sliares of Portland A
San .F/-a/icl^w.— Popniation by the IT. S. census
Ogdensburgh stock. Assessed va uc of rtial estate of 1870 was 149.483, against .''.6,802 :n 1860. Real
In 1873 was $17,7!.'),310; (wrsonal, $1-2,04."),71-J. Tax estate in the fiscal year ending .Tune 30. IS'."!, wa'
rate, $85 per $1,100. Population in 1870,31,413, assessed at $16i, 41)6.177; personal property at $101,against 26,^1 in 186
763,**67; sinking funds raised annually amount to
Tax rate, $1 iO per $100 for citv and
Provlierice, JJ./.— The principal debt of Providence $-J34..'ii10.
Total.
has been created since 1872 for water works. 'J'he county, and .64 9 10 for State purposes.
4.09
9-10.
All
the values for San Francisco are given
floating debt at close of fiscal year Septemher 3(),
in gold.
1878, was $-i,0SO,';il6, nnil funded debt, SU.Til" S.'iO.
']*he awespcd valuation of all property in 187.5 was
Savanna/i., Ca.— To provide for floating debt and
$128,024,110 against $123,B82.'-^00 in 1874. Rate of tii, maturing liabilities in 187:1 and 1874 1:400,000 bonds
(14 GO per $1,000. The sinking fund for buude due were Issued and sold in Savannah, realizing $3j4,730.
>.

do
do
Boston, Columbian Bank.

A.

in 1885, $410,074; sinking funds of 1893, $149,972;
n. P.
F. Railroad bonds ho'.d, $.'>no.0O0. Population by IT. S. census, 1870, 6:^,901; bv State census,
187.-.,

J.

A A.
Various

6g. J. A J.
7g. Various

499,927
67,210
263.125
200,000
100,000
100,000

A French,

do
do

do

iMuis Voiinlu—

Renewal l>ouus. coupon
Bonds to railroads, coupon
Insane Asylum
Coim ty J ail

Philadelphia.

Boston, Foote

Providence.

548,000
108,500
484,500
377,000
250,000
197,000
246,000
385,000
475,000
210,000
150,000

299,400
500,000

500

A.

J.

1.50,000

Various
Various
Various
Various
1,000
1,000
Various
1,000
1,000
1,000
1,000
1,000
1,000

A J.
& b.

5

7

431,500

500

N.
N.
N.

m'nthly

F.

400,000

Joseph, Mo.—
!500
Bonds t« St. Joseph & Denver City BR., 1869. 1860 to '69
Missouri Valley Railroad
1869
,500
do
1858 to '69 100 Ac.
Bonds for various puj'poses

A
A
A

A6

J.

349,.500
.534,000
.500,000

1,000
1,000
500 Ao.

5

7
6

368,800
117,000

500

J.

7

937,.'>00

1,000

J.

172,000

St.

Bridge bonds

M.
M.
M.

7.50,000

1,065,000
3,182,000
410,000

1872 to '75 .iOOAc.
1871 to '73 500 Ac.
1874

Park Improvement bonds

Various

6
6
6
6

700,000
450,000
570,000
C

A
&

7

.308,000

—

,

6

4

246,000
233,000

1,000
1,000
1,000

J.
J.
J.
J.
J.
J.

6

8,696,100

PUUburah—

J. Phila., Far. A Mech. N. B'k.
do
J.
do
<lo
A J.
do
& J.
do
do
6
do
do
& J.
6
do
& J.
do
6
Pittsburg.
A. A O.
7
A7 Various Pittsburg, PUila. A N. Y,
A5 J. A J. New York, B'k of America.

6
6

i^6, .500,000

$....

18.').'jto'71
IS.'iO to '70

do forbrldftes
do forpurkiiml Ccntcunlal
do for war au«l boiintj' punmses
do municipal, seliooi. sewer, &c
Guaranteed debt, gas loaus

Whom.

Pay'lile

Value.

page of tables.

miailelphitt—i Continued)—
Bonds for water works

June, 1887, to

*»«

April 1, 1892
1891 to '93

Nov.

1, 1893
May 1, 1895
July 1. 1894
Dec. 10, 1893

1877 to 1881
1878 to 1880
July 1, 1887
Sept. 1, 1888
June, 1892
1893 to 1895
April 1, 1905
May 1, 1895
1874 to '90
1874 to '86
1889, '90, '96

1888 A '98
1900

and leaving only about $136,277 of floating debt
Dec. ol, 1871. The city owns real estate aad otfaei
property valued nominaliy at about $4,*i37,6r"
Assessed value of real estate. $11,000,000. Popidw
tion in 1870,

28,2:15,

against 22,292 in 1800.

St. .Toseph, .l/b.—-Popniation in 1870 was 19,5(51
against 8,933 in 1860. Assessed valuation of property
$11,000,000; rate of tax, -2:1 mills.

by the U. S.
310,664, against 160,773 in 1860.

Si. Xoui)f.— Population

was

censns in 1970

The

city and-

county governments and finances are separate.
Total funded debt, Oet. 11. :8r5, $10,270,000. Floating debt— t6a3,0()0 due (ias Light Co; $.3n0.000 TreaBury warrants; and $10.'),000 due sinking fund)
Taxable valuation of city property, 1875, $160,125,
700; tax rate is 2 p<:r cent.

(V. 18, p. 143.)

St. Paul, .il/inra.— Population in 1870 was gO.030;
in 1875, by State censns. 31.237. .Assessed valuation
of taxable property, $13,194.28"). or about one-fiflU
of the actual value; tax rate, 14 mills. (Vol.
p. 026.)

U

.

April

RAILROAD STOCKS AND BONDS.

1876.]

2!^,

.

xui

Sobaoribera vrlU confer a areat favo r by giTing lmiue dl«t« notlea of any error dlscoTered la tUoa* Table*.

DESCRIPTION.
Miles Date
of
of
For explanation of (tolitmn heartlngs, Ac, sco notcis
BoudK
Read.
on Hret pago of tablet).
AInhamn Cenli-al—(Sp\ma

&

if

Albany (Uty loan
lid

iiiortpigp

:<d

niot'tgaKc Hlnklng fund
inoi-tpigo

Bondn

to.siiilo I'a. (ondorspd) L'd niort.
iNt limit., KiiKt'n Extin., guar, by Pa.
Fumliiig inciinui hondH. with tnifflr Kiiarunteo....

RR

AUJdniiria

*C

Freilriclmbufg

Ark<tn,i(iK f'enlrril—lRt
Anhtaliiihi, YoiiiiiiHtrnrn
ll<i

inort.i;a^^i'.

AU-hison

I8tll)

1,000

18(19

],0<M)
1,0(HI
10(1
1,00(1
1,(M>0
1,(X)0

isiia
18(15
18(15
18(19

110

l',()00
IOO SiC.

fii

18«fl

48

1871
1871
1874
1871
18K9
1870

income

I.jO

.\i'lfntsk(t~ltit inortjtago
Althinfniy Topfktt <(: Santa Fe Iwt mort,., gold
Land grant inoi'tgagL', gold (on 3,()0<»,0<K) acreH)

—

470

500 Ac.
1,000
1,000

1 ,.500,000
4(H),000
3,7.50,000

500 '<&«.
500 &e.

7,041.000
3,383.000
475,000

IiU'oino boiidH
('on«ol. bondH, gold

3,0.50,000

Notes
Ijiiul

income

bonilrt

I'ottawattoinio bondM (contingent)
Wichita & Himthwext. (leased) 1st M., gold, guar.,
Atlanta di liiehmoiul Air Line— lat mortgage
Atlanta <S- Wtsl Point Htook
Atlantic <fi dreat nV»(C(/i—Stock (total $10,000,000)
Preferred stock
Old lat mortg.age bonds, Ohio Division
1st general mortgage ($18,(X)0,000)

27 "a
2«.-)l3

—

585

iiw
460
460

Oi*//— Common stock

•isfi-

58
58
428
428
428

*

Atlantic, MlKH. d OAio— Stock, (com'n, pref.
guar.).
Ist mort. consolidated, gold (for $1.').000,000). . ..
'idmort. to the State (no interest till 1880)
JJertolk ii Petersburg-lst moilgage

do
do

do
do

'2d

South Side— 1st preferrc<l consolidated mortgage

do
lid
do
do
do
do
3d
do
do
do
ViTfcmiaAtfenneBsee—Enlarged mortgtvge
do
do
4th mortgage
do
Regi8t<Ted c<irti(l<!ate»
do
do
do
Interest funding bonds.
XtlaHtie <t /VieJ/ir^Common stock

1,000
1,000

500
'ibo

1867

100
500 &c.

1871
1871

500 Ac.

1808

157,000
458,000

133
133
133
214
214

I86fl

1,000
1,000
200 &c.

200 in:

1,000
1,000
Var'us Various
1869 100 &c.

100
100
100

1868
1868
1871
1871
1871
1873

.500 &c.
.500 &e,
.500 &.C.

500 &c

Interest scrip (exchangeable for bonds)

1873
1874

exchanged

150

Atlantic it- St. inioreTicc— Stock, ourreucy
Stock, sterling
Portland city bonds, Ist mort., sinking fund
2d mortgage, sterling, 5-20 years

M do
do
do
Sterling bonds, not mortgages
—

1868
1864
1871
1853

53
51
51

1861
1864

.(f
Narannah .Stock
Kiinle Valtei/— 1st mort., 8. f.($,5,000 per yean
(i?5,000 per year)

Augusta

BaM

100
1*100

1.50
1.50
1.50
1.50
1.50

ad mortgage

OR DIVIDENDS.

3.000

£100
XlOO
£100
100
100 &c.
1,000

.1.
.1.

,T.

7
3Ju

.1.

7

J.

6
7
7

M.

i.

&
&
&
A
A

J. K. Y.,
J.
i.

Third V»l. Uunk.

June, 1901
Jan., 1880
Jan., 1889

N. v., H'k ofCoMiiiierci
J.'N.Y.,I>el. JclIud.Cau.Co
J.

do
do
do

do
do
do

N.
O.
N.

"Bonrf»—PirtBai
pal, WluiD I>ae8loelu-lM»t
DiTtdend.

Jan. 1, 187«
July, 1888
Nov., 1&»5

Oct., 1885
&
May, 1881
&
'7-30 J. A J. N. Y.,WlnKlow, I.»ACo March 1,1896
5
Jau'ary Hanishurg, Treasui^'. 1(1100.000 y'riy.
Oct., 1901
7 or 6 g. A. A O. Pblhulelphia or Ixmilon
1894
7
Pittsburgh.
A. A <).
June 1, I80C
7
J. A U.
Phlla., I'enn. KK.
July, 1891
8&7g. J. A J. I»ndon A Amsterdnm
1901
A. A O. N. Y.,WI»slow,I.. Al-'o.
1904
J. A J. Pittsburgh, Penii. Co.
Sept. 1, 1896
8
M. A R.
Ilostou, at Oniee.
July, 1899
7g. J. A J. N. Y., «. Opdyke A Co.
Oct. 1, 1900
A. A O.
BOHtOD.
J. A J.
1903
Boston.
?« J.A. AA O.
1882
do
J.
12
J. A J.
do
7
SI. A N.
do
July 1, 1902
J. A J.
do
I'- J. A J. N.Y.,M.K.JeBUP, P.A Co July 1, 1900
4
J. A J. Atlanta, Oa., aCTrca»'y. Feb. 1, 1870

A.

M.

"

9,876,2.50

:«)6,000

1866
1866
1854
1865

8
8
H

2,416,300
15,165,200
11,989,680
28,783,000
5,355,000
3,508,000
2,060,000
1,748,500
3,693,200
786,476
2,310,200
464,000
200,000
6,921,900
5,470,000i
4,000,000

.500 &c.

Income bonds for funding
Equipment bonds
I'laiii iKinds, scrip
T.,and delientures

1 ,232,200
24,795,298

18.57
18.57

328
328
328
293
293
293
35

Preferred stock, Missouri division
do
do Central division
1st mort. (Southern Pacific), gold (land grant).
1st mort. (At. & Pae.), gold, on .'iOO acn-s land
2d mort. (At. &. Pac., Mo. Div.), gold
Ist mort. (Cent. dlv. At. &Pa«.),gold
do
do
laud grant
do

500 &c.
500 Ac.
500 &c.

430,000
475,000
523,500
412,000
4,248,000

81
81
81

do
do

1st

1871
1871
1871
1872
1873
1873

34a

Guaranteed stock
Consolidftfe<l Ist mortgage
Southern Georgia & Florida, Ist mortgage
do
do
2d mortgage

1,000
1,000

100
100
100

.585

do
do
(*1'2,00<),(KM))
3d
do
do
(*2i),(HKM><X))
l«ascd lines rental gold bonds (01. <fc M,)
do
do
(P. P., P. V. and S, & A.)
Western Extension certificates (01., Col., (Jin. .t I.)
do
do
bonds
do
it

1872
1870

87

2d

Allantlr

384,000
4,000,000
3,400,000
10,000,000
5,418,000
1 ,000,000
1,200,000

1,000

1870
1871
1874

(i2'a
02 13

5,0<M»,000
1,0<MI,000
033,<K)O
2,(M 10,000
2,116,.500

]8(ifi

mortgage

<i-

A-e.

*l,6fK),0Ort
5,2'J0,(KM)
2,(i73.(KH»
1 ,2(M>,000

50

132

mortgagi'«, gold

i'i((*.—l«t

500

2(!2

— Ist niort gago

& 2d
i*

1871

2t)2

Atleyhaiiii Vallcji—SUn-^ii
(Jtiiieritl

81

20i
112
112
142
112

INTERICST

Amonnt

*'•»=•'
W"*" J^vil'l" ami by
uutstanaiug "**«
Value. Outstaiidluit
^^„{P*' Payable
><lioiii

21»l>

1872

—

Par

2!)(i

McrUl.)— l«t niort

(UtiilL—ltti iiiort., gold, Riiiir. liy Ala
•id iii()it.. $!l.i)<l(»piT iiillc, not Kimiiiuti><^il
K(*e<'iV(M"'« iKtrids or coiliflcateH
A Ibnntj d StLstiUffixtniia Stock
1st moi*t ^UK*'

AUilmiim

Size, or

A.
.1.

7

M.
M.

g.

7g.

J.
J.
J.

I'7

3JS* M.
7
J.
7
M.
7
M.
A.

'7'e-

"s
7

.1.

J.
J.
J.
J.
J.
J.
J.
J.

8
8

(175,000

6
6

621,000
452,500
990,000
903,000
87.811
226,300
8,360,300
10,000,000
1,400,000
7,188,500
2,829,000
2,015,500
1,189,000
795,000
599,300
753,000
362,500
1,290,500
450,000
35,128
4,964,872
787,000
1,,500,000
71 3,000
484,000
1,022,900
336,900
100,000

7

7g.

6
H
8
8

J.

A O New York and London
do
do
A J.
do
A 8.
do
do
do
AN.
do
do
A J
A J London, Co.'s OfBce.
do
do
A J

Oct. 1, 1876
Jan., 1902

1902

Sept.,

Not.. 1902
Jan,, 1902
Jan., 1903

JulJ

1876

1,

1875
BaTannah.
A N.
A J..N.Y.,M.K.Je»upP.ACo. July, 1887
do
do
AN.
do
do
A N.
Bank. Oct. 1, 1901
First
Nat.
A O. N. Y.,
A N. T., First Nat. Bank Jan. 1, 1877
Jan. 1, 1877
do
do
A
July 1, 1893
do
do
A
Jan. 1, 'S4-'90
do
do
A
Jan.
1, •S4-'90
do
do
A
Jan. 1, '86-'90
do
do
A
July
1, 1884
do
do
A
M^. 1, 1900
do
do
A
Jan.
1, 1875
Lynchburg Office.
A
N. Y., First Nat. Uank July 1. 1380
A
.

'

July, 1888
Og. J. A J. N. Y'., OOlce of Conip'ny
July, 1888
do
do
«g- J. A J.
Not., 1891
do
do
6g. M. A N.
Nov., 1891
do
do
M. A N.
s«Not.
1, 1901
do
In
1901
do
6 gDec. 1, 188.'*
do
do
«g. J. A n.
June 1, 1885
do
do
10
J. A D.
Dec. 1, 188S
6 g. J. A J.
Dec. 1, 1883
do
ti edo
J. A D.
10
Q-J. N. Y., Ofliee of Comp'ny Jan. 1, 1984

3

Feb., 1876
Portland.
A A.
A 8. London, Gr. Tnuik Rw Mch. 15,1876
May 2, 1886
Portlmid.
A N.
A. A O. lyondon. Or. Trunk Rw Oct. 1, 1884
do
Oct. 1, 1891
do
M. A N.
Nov. 1, 1878
do
M. A N.
do
Dec., 1875
Savannah.
A D.
IJ. A J. Fblla.,Farm. A M. Bank July 1, 1881
1, 1884
July
do
do
J. A J.

F.

M.
M.

6

g.
g.
g.

31a

6
7

l.I.

)

Alal)arna CtiUral.— In default since .lanuary, 1872.
Negotiations pending for a new adjustment.

Alabamn.

,f;

Chattanooga.— RoiA sold

Mny

1?7.5,

.3,

for tl,200.(KX). subject to lien of receiver's certitlcates. Time for bondholders to accept extended to
June 15. 187«. (V. '21, p. 38, «a, 253, 3*!, 822, 511 ; V.
S», p. 61,

ff;,

135, 157.)

Albany <ft ftufiiivthatina.—'Thxi road iva» leased for
130 years from l(i7U to Delaware
lliid~on Canal
Co., at 7 per cent per annum, on stock and l)onds.
Important change
terms made in 1878: tee V. Si,

&

m

p. 399.

AUeghanij VaUey.—Thin road was embarrassed in
1874, anil compromised with creditors.
Abstract of
operations in 1875 in annaul report, V. 33, p. 392.

Ale.vandna rf; Fn<lrick>ilmr'>.—'Vltc Pennsylvania
Railroad holds $512,000 of the boncls and controls
the road. Loss un operation in 1873, (25,074.

Most of the bonds were sold in
London, where :f600,0rtu of 2d mortgage lionds were
Arkantitjs Cetifral.

-

also hypotlieuited. Receiver appointed,
(V. M, p. 374.)

March.

1876.

—

Anhtah'da, Yonigttown <fi Pitiit. It is leased and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but Icsbcc guarantees interest on

mortgage for

years.
$1,15(10,000; preferred, $400,000.
tS4,15«.
let

live

Common

stock,

Net earnings,

1B75,

At^hiion (fc AVAroKAra.— Interest was in default
September, 1873, and coupons funded. Gross earnings, 1875, $270,«W; net, $272; unpaid coupons to
Jan., 1876, $750,000. Annual report V. 88, p. 399.
Ati-hlmn, Toptka <ft Santa >"«.— Tnterest is paid
$976,IMX) of the 2d consol. mor'ga'.'e bonds, but
the balance of that issue the coupons are funded
Oct. 1, 1,S7«. (V. 20, p. ](ii
.ri7
M5: V. 21, p.

136,

3-«, 591

;

V.

2'..',

p. 53!?, 327.)

on
on
to
03,

Atlanta

<{:

Hichmoiul Air 2,in«.— Defaulted in

1873,

and now in litiL^ation. A decree of sale in foreclosure was made October, 1875. ICeport of earn-

Ac, V. 2'2, p. 131. (V. 30, p. 14, 85;
14, BS, 3-23, 418, 488, 613.)
ings,

V. 21,

p.

on consol. bonds, and four-sevenths of coupons due
up to 1881. paving three (xir cent cash on coupons
1881, and balance, if earned. This proposition ie

till

A

before the bondholders for their assent.
foreclose the eonsolidutcd mortgage was filed
the trustees thereof, at Richmond, Va., March,
Kxtraet from President Mahonc's circular to
1876.
bondholders, showing the lliiauclal condition, t«
given in the CnKosici.K. V. 2*. 11. 28C. (V. 21, p.

still

bill to

by
Atlanta <fc Wett Faint.— TUe. road has paid 8 per
cent dividends for some years; it has about $'200,000
of bonds.

569, S91;

Alla'tic it Great ITMf^m.—This road was leased
to the Erie for 99 years from May t, 1874, bnt the
Shortly after (in
lease did not go into effect.
The
,7aly, 1874) defanlt was made on its bonds.

annual report, to October 1, 1875. will be
found in V. 2i, p. 371. Proceedings looking to
re-organi/,ation are in progress, and a considerable
amount of securiiies has been deposited by hold(V. 20. p. 85. 139.
ei s with the London Committee.
'J89, 499, 592; V. 31, p. 136, 15'J, '230, 393, 410; V. 22,
last

p. 181, 3i7, 352.)

Atlantic <ft Gidf.—Gmm earnings In 1874 were
Tlie t: mnet earnings, IgSo.OSf.
$1,038,2.% ;
pany also has $.'i(K).i)(Ki 10 per cent coupon notes
uutstaud ng. Annual report in V. 21, p. St75, also
p. 4S8.

—

Of the stock
Atlantic, irusiKKippi ilk Ohio.
$5,845,700 is common, $800,000 preferred, and $376,the company,
itself,
holds
guaranteed;
200
the preferred,
of the common, all
$3,441,'200
and $1615,700 of the guaranteed stock. G.oss earnings year ending September 30, 1H7.5. $1,785,453;
expenses, $1,108,947; net earnings. $673.."i05. There
was a decrease of gross revenue by $42,890,
and a decrease of net revenue of $.54,114. Of the
$15,000,000 loan enough is held to retire all the
The company funded one coupon on
old debt.
old bondsman., 1874, bat paid snbse<|uent coupons
in part. Funding notes flue 1875 and 187J were
issued. In October, 1H7.5, in London, the company
made a proposal to fnnd whole coupon then due.

V. 22, p.

110,

231,

280, 327,)

Aflan'lc (t Aic((fr.— This was a consolidation, ia
Pacific and So. Pacific,
1.870. of the .\tiaiitic
lamoniits to some 1,000,000 acres.
Interest was passed ,lan..'74. on the land grant bonds,
the 2d mortgage and the interest scrip, bnt coupons
A bleak in the company's affairs occurred
funded
in October, 1875; the Missouri Pacific lease was snrendcred anil complicated litigation against the
Atlantic .t Pacillr Companv ommeneed on the
ground of fraud in Ibe Missouri Pacific manageInterest of
Receivers were apiiointed.
ment.
January. 1876, on land grant bonds was not paid,
aiicl
Interest on the .Id mortgage bonds of the
Missouri Pacific is also unpaid. The latter wen'
Pacific Company
mostly held by the Atlantic
for Improvements claimed to have been put on the
Missouri Pflciflc road, (S. 19. p. .39r; V. »0. p. 288.
V. 81, p. », 418, 440, 466; V. 22, p. 61, 852, 374.)

A

Oct.,

The land gran

A

Atlantic * St. Latora\cf.—\jns«A for 9W years,
from Julv, law, to Grand Trunk RaUway of
Canada. Annual i«nt, fi per cent on booda and
stock.

Avgmta

<ft

SoraanaA.—Leased to Central of Georim has surplus fund of

gia for $73,000 per ann

;

about (50,000.

Bald tktgU Talley.— Vetted to Pennsyhrtnla Hail
road at 40 per cent »t gross receipts. The Pennsylvania Railroad holds all the Sd mortgage bonds.

RAILROAD STOCKS AND BONDS.

XIV
SDbs«rlb«ra

eoaler > creat fkror

Trtll

DESCRIPTION.

SiUimore

<*

&c., see notes

of tables.

llrat i>agu

—

^Va^lhiuKton braueli

do
do
1857
(
do
do
BerkthireStocli
Bostttn t£ Albany Stock
Albany loans (Albany & West Stockbrldge)
3d

500
500
100
100

1857
21

270
39

1841

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

1871-2

1875
1854

coupon or registered
fHlehb.—lBt mort., Agric.

le

Mortgage bonds 1860-70
Equipment notes

Br

29
43 •69-'70

—

160

Sciton. Concord i£ Montreal PrefeiTed stock
Com. stock (for old dividends & new stock)

Sinking fund bonds
Consolidated mortgage bonds (for $2,000,000)
Soston rf Lowell Stock
Mortgage, wharf purchase

—

Bonds
New mortgage bonds

—

2d mortgage
Consol. mortgage
Buffalo, .V. r. d- Philadelphia— latmoTt., gold
2d mortgage (for $1,000,000)
BurliJigtoH, C. Uapids <e Minn.— 1st M., gold s. f
Ist mortgage, gold (Mil. div.) coupon or regist'd.
Pacific extension bonds
Muscatine western extension
Income and equipment mortgage
Bwri.di Mo. Ktc.— 1st M. on r'd& 400.000 ac's I'd ij^
Bonds, conv. Into C. B. & Q, st'k (3d scries). Sm
1

&

&

till

100

1874
1863
1868
1889
1869
1870
1869
1873
1872
1870
1871
1871
1869
1871

281

40

C*

Jan., 1882

S

may

W., Ist mortgage, guar
)berg.
Southwest. 1st mort., ep., may be reg

—
—
—

Cairo *£ St. Louis Ist mortgage
Cairo t£ Vineennes 1st mortgage, gold
Cali/trn ia Pacific— I st mortgage, gold
2d mortgage, endorsed l>y Central Pacific
Camden a Atlantic—Stock. ($838,130 of it pref.)
1st mortgago
2d mortgage

Camden it Burlington Co.— lat mortgage
Canada Southern— 1st M., gold, s. f., cp. & reg

Can. S. & Det., 1st mortgage
Carolina Central— lut laottguge, gold, coupon
Income bonds, coupon
Oatawlssa Common stock
New prefeiTed stock
Old preferred stock

1,000

500

i'g'i

49
105
150
156
141
141
60
60
60

I8.V3

1855
1867
1870

31

291

50 &c.
500 Ac.
500 &c.
500 &c.

—

1st mortgage bonds
Chattel mortgage bonds

New mortgago

1873
1874

m

porpoilinn to the value of its
property. The eross parnings of main stem and
branches, and financial condition of B. & O. Co.
for four years were as follows
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
:

1874-5.,
1873-4.

,

18?4-3
1871-a.

The
In

$10,-,14,178
11,603,955
l«,i58,844
10,654,4:2

$4,3."B,S)t>

$47,178,134

5,018,060
4,934.T96
4,532,ai«

'15,87B,!)87

gross earnings of the main
1874-75 were $14,428,552,

$4,490,096.

S8,5«7,89!)

a«,16l,899

and all leased lines
and net earnings,

The company claims a surplus

of
in the value of its assets above its
debt, which surplus is represented
chiefly by securities of branch lines, received
for advances made by the B. & O. In Dec, 1875,
the operating contract with Pittsburgh
Conncllsville road was ratified, by which B.
O. guarantees
$10,000,0(10 bonds. See report in Chronicle, V. 21,
p.487; V. SO.p. 183,381,404,453, i92; V. 41, p. 371
511, 591; V. 22, p. 374.
$34,023,'j66,

stock and

&

&

Baltimore <6 Potomac—This is the line of the
Pennsylvania Railroad from Baltimore to WashingIon. The bonds are guaranteed by Pcnn. Kit. and
Northern Central. Last annual report V. 21, p. 37.
BelteviUe <& SmlhernllUnois.—Lea.'Kd and operated
St. L. Alt.
T. n. Co. on a percentage of gross
earnings, tiross earnings, '75, $279,337. (V.20, p. 330.)

by

*

BeliuWe Delaware.— Stock is $995,700. Leased to
United Co.'s of N. J., and lease assigned to Penn. RR.
Net earnings go to lessor. In 1875 net earnings of B.
B. were $228,404, a^alni't $4:6.867 in 1874. Boating
debt, tl,l!4b,392.

—

(V. 20, p. 488.)

Berkshire. Leased to Hotisatonic, at 7 per cent
per year on stock.
Boston <t Albany.— The Boston & Albany is the
inain western trunk line of New England. In past
three years the fallowing has been its exhibit:

3,000.000
3,000,000
1,159,500
1,000,000
2,200,000
230,500
209,850
1,300,000

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

1872

Net

Gross
Earnings.
1874 5

6
6

7
8
3
"e'

6&7

Earnings.

J.

6

A.

7

A.

8
8
8

8

7

7g.
7g.
r;«-

?«•
6

7

g.

7g.

««

'213

31a

7

Total Stock

and Debt.

5*0.)

S

—

22, p. 280.)
db N. Y. Air

iims.— Formerly N. Haven
Middletown & Wii. Road cost about $6,000,00i),
represented now by $3,000,000 pref. stock and $1,Boston

000,000

common.

Boston tft Providence.— The bonds and al.>o $934,000
notes have been issued for purchase of branch
roads. Total income, 1374-5, $1,581,258; net, over
operating expenses, $147,236. (V. 21, p. SbO.)
Buffalo, Bradford db Pitt^urgh—Vaier perpetual
lease to Eiie at $40,600 per year.

New York & S^.— Leased

to Erie in
per cent on stock and interest
and sinkin; fund on bonds. In 1873 Erie bought
$500,900 of the stock at $150 per share. (V.20,p.6I,614.)
Buffalo, New York dk Philadetphia.—Th\s is the
connecting line of the Philadelphia & Erie with
Buffalo. In 1874 the net earnings were $180,813.
Bnffalo,

18K1, for 490 years, ut 7

Bunlnfflon, Cedar Ripids <4 Minnesota.— Xa K'4
dcfaalt was made in Interest.
decree of sale in

A

do
do
do

do
do
Boston, at

1889
1893
1, 1875
Oct. 1, 1879
April 1, 1892

Jan.

Office.

May

15,

do

Jan.

1,
1,

do

New York.

Aug.

Boston, at Office.

May
July

do

do

1876
1893
1895
15, 1876
1, 1893
1, 189G
11,1875
1, 1877

& O. Boston and New York. Oct. 1, 1893
& J. Boston, by Treasurer. July 1, 1878
& O. Boston and New York. April 1, 1879
July 1, 1894
J. & J.
do
do
July 1, 1889.
J. & J.
do
do
July 1, 1894
J. & J.
Boston Office.
Jan. 1, 1883
J. & J.
do
June 1, 1896
J. & D
do
May 1, 1895
M. & N,
Boston, Co'g Office.
A. & O.
Oct. 2, 1901
A. & O. New York and London.
Oct., 1909
J. & J, N. Y., Nat'l Park Bank. Jan. 1, 1889
do
do
1891
J. & J.
Camden, Co.'s Office. April 15, 1876
Q.-J.
Jan., 1893
J. & J Phlla., Farm. A M. B'k.
A. & O.
Oct., 1879
do
do
F. & A
1897
Phila. and Mt. Holly.
J. & J. N. Y., Union Trust Co.
Jan. 1, 1900
J. & J.
J. & J. N. Y. Office, 4 Broad st. July 1, 1923
A. & O.
do
April 1, 1914
do
J.

8
8
8

Boston
ZoH'rf/.— Operated with the Nashua &
Lowell, which receives 31 per cent. (V. 20, p. 85;
42
V. 22, p.
)
Boston <t Maine. Net income, 1874-5. over interest
payments. $607,97^. Pools earnings from competing
pomts with Eastern. (V. 20, p. 14, 614; V. 21, p.

o33; V.

Office.

Boston, at Office.

A.

8

$2,262,147
2,411,916

(V. 20, p.

Boston
do

& O
& J
& O.
& O.

J.

—

1865.

&"j.

& J New York, Erie RR. Jan.
F. & A.
N. Y., Erie Railway. June
3>a
Dec.
7
J. & D
do
do
7
M. & N
do
do
J.
7g.
& D.
do
do
Y., Farm. L. A T. Co, .July 1, 1896
6g. J. & J
July 1, 1893
10
J. & J,
do
do
M. &N. New York or London, May 1, 1919
l^Feb., 1902
do
do
7 g. F. & A
7

Boston, Clinton di FUchbvry.—The stock outhtanding is $872,600. Net earnings for the year ending
September, 1875, $401 202; a dividend of 3 per cent
paid on pref. stock Jan., 1876.
(V. 21, p. 84, 391.)
Boston, Concord cfe Montreal. Gross earnings for
the year ending with March, 1875, were $664,194;
net earnings, $140,208. There are also $76,000 old

bonds duo in

A.

3

$26.47!',882
187:1-4 ....
2.5,4'2,100
8,96.3.128
1872-3 .... 9,798,0:«
2,2.3fi,873
24.183,100
$.5,000,000 new bonds were authorized in Feb., 1875.
(V. 20, n. 14, 162, 592; V. 21, p. 484.)

$7,631,139

J.

7
A.
7 or Cg.
M.'i'N
M. & N.
7
F. & A.
7
4
M. A N.
7
J. & J.

407,000

&c,

1,660
1,000

100
65

Baltimore db Ohio.— The B. & 0., in comparison
with its rival trunk linos, cluimB a much Hnialler
capital account

5

7
7

5,715,000
600,000
1,000
1,034,000
1,000 20,000 p. m,
2,500,000
1,660
3,500,000
1,000
2,250,000
1,000
1,600,000
100
1,215,550
1,000
490,000
1,000
500,000
350,000
500 &c.
1,000
9,000,000

500

1, .500,000

100

IH

805,500
5,400,000
2,200,000
1,800,000
800,000
2,000,000
4,638,250
308,500
300,000
290,000

.500 <tc.
5(X) Ac.

Tol.,

242
242
100

6
6
6

2,.582,0OO

&c,

1,600
1,000

2414
31

|

b'ds, oonv. C. B.
tj. st'k (4th ser.) V "
£
Ist mortgage, cony. do. on branch (5th ser.) a,q
Convertible bonds, C. B.
(}. st'k (6th ser.) 1
Bnrk <t Mo. in J\^e6.— 1st M., conv., laud gr.. ) Coup

Income

1,600

1871
1873
1869
1872

8

2,000,000
500,000
4,000,000
600,000
580,000
950,000
1,922,000
262,000
300,000

100

1857

%'

999,500
500,000
7,000,000

1873

"26
142
140
140
140
121
121
219
94

Og-

624,000

1873-4 500 &c,
1875
1,000

"52
63

6

1,309,500
3,250,000
200,000

100

143

May 1, 1876
& N.
Baltimore Office,
May 1, 1870
& N.
do
April 17, 1875
& O.
do
Mech's
1880
Nat. Bank
J. & i. Bait.,
1885
A. & O,
Baltimore Office.
IjOndon.
1895
M. & S
1890
J. & J
Baltimore Office.
1877-'79
Jan.,
& J. London, Naylor & Co.
Mch. 1, 1902
& S
London.
1910
& o.
do
1876-1900
& J
Baltimore.
1885
& J Bait., Mech's Nat. Bank
& J. Baltimore or London. July 1, 1911
April 1, 1911
& o.
do
do
Jan. 1, 1915
& J.
Baltimore.
A. & O.
Oct. 1, 1896
N. Y., Russell Sage.
1877
J. & D
Trenton, N. J., Office.
1885
M. & 8.
Philadelphia.
1887
F. & A.
do
Boston, Klaaer, P. A Co April 10, 1876
Nov. 15, 1875
M. A N.
Boston Office.
July, 1876
J. & J.
do
F. & A.
1891 to '92
do
July 1, 1895
J. & J.
do
J. & J Boston, Boston N. Bank July 1, 1884
1889 A '90
J. & J.
do
do
1881, '82 A '83
A. & O
do
do
May 10, 1875
M. &N.
Boston Office.

1,000,000

1873

—

Omaha <& 8.

100
100
100 &c,
100 &c,
500

(.$750,000 authorised)

Boston <« J£ai«e—Stock
Bonds, coupon and registered
Boston <£ New York Air-Line l8t mortgage
Boston <£• Providence Stock
Bonds to purchase branches, coupon or registered
JBuif..i)rarf.<t/>i((«.— Gen. M.,(incl. 10,000 ac. I'd
Buffalo, New York <t Erie—Stock
let mortgage bonds

Bonds, convertible

1858
1873

160
113

%'

499,500
745,000
600,000
20,129,282
103,000
4,790,000
800,000
400,000
499,600
600,000
800,000

Dividend.

A.

6g.
6g.

9,198,852
9,576,000
1,000,000
140,000
1,500,000
3,000,000
1,133,000
1.100,000
1,000,000

Due.

<S<ofAr*— Last

M.
M.

6
6

2.000,00(>

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

18.54

anr error dUcoTered In these Tables.
ito»uf »— Prlnci
INTEREST OB DIVIDENDS.
pal. When

5
3
5
6

4,348,469
1,650,000
579,500
1,710,000
3,398,956
3,253,026

£200
£100
£200

1872
1874
1875
1855
1871
92 14 1871
9214 1875
5(i
1866
67 1862

)

—

tC-

100
100

1874-5

M

l>ollar loan
Loan of 1875,

Amount

$100 $13,143,400

411
421

Pvircbngeof Counellav. HR (payable $40,000y'ly)
mortgage, 1855-85 ...
Nortliwestcru Virginia,
Saltimore li I'otoiiKic— Ant movt (tunnel) gold
1st mortgage, gold, (main line)
2d mortgage, income, main line and tunnel
Sellerittei South. /W.— Ist M.. sink'gfund, guar
Helrirltre Del.— UtH.Wila of 18(}a(guar. byC. &A.)
do )
do
2<i mortgago, bonds of 1854
(

notice or

When Where Payable and by
Outstanding Rote per Pay'blc
Cent.
Whom.

1850
1853
1870
1855

loan, 1850
Loan, 1853
do 1870, sterling. £800,000
Baltimore loan. 1 8o3-'90
Short notes, sterling
Steri ing mortgage
do
do
sinking fund

Burl.

Size or

of
of
par
Road. Bonds Value.

588
52
30

Oh in Stock

Preferred stock

Soslon. Clinton

Date

Miles

For explanation of column headingB,
on

ct^nz ImmediKte

bjr

[April 29, 1876.

M.'& N.
M. & N.
F.
P.
F.

&
&
&

Nov. 16, 1875
Nov. 16, 1875

Philadelphia.

do
do

A.
A.
A.

Feb.

do

foreclosure

Feb.

was made November,

p. 235, 520, 545, 570;

V.

1,

1888

FMladelphia.

21, p. 85,

1882

to '89

1,

1900

1875.
(V. 20, p.
277, 591) V. 22, p.

350. :m.)

Burlington <t Missouri i?it'«?'.— An agreement of
consolidation add a perpetual lease to Chicago, Bar.
& Q,uiucy, was made in Oct., 1672. In August, 1875,
stock of Chic. Burl. & Q. was issued in place of
stock of this Co. and for convertible bond-. Annual
report V. 20, p. 335. (V. 20, p. 139; V. S2, p. 87.)
Burlington dk ^fissouri in Nebraska. The stock ig
report of company's operations. Ac,
$8,583,750.
to Jan. 1, 1376, ha" not been published, but wc
have the earnings in 187.i as $':33,843, and expenses,
$351,61:1.
The total land sales up to Jan. 1, 18';6,
amounted to 731,464 acres for $3,335,075, after deductions for dead contracts. (V. 20, p. 289, 593.)
Burlington <4 Sout/iireslem.—DeftLiMeA Nov., 1873.
Foreclosure in progress. (V. 21, p. 159. 441.)
Cairo dh St. Loriis. Defaulted in 1873 by failure
to receive town and county bonds. Road completed

—

A

—

February, 1^75.
(V.
441; V. 2'.>, p. 352.)

20,

p.

208,

313; V. 21, p. 31,

FirtCCTin''^.— Defaulted in 1874.
In hands
of receiver. (V. 20, p. 4!)9; V. 21. p. 63, 02 )
?;xtension
Pacific.
bonds
of
California
$3,500,000
and incomes of $l,Ono,000 have been in default, but
a proposal offered by Central Pacific. (V. 21, p. 315.
Also V. 20, p. 516; V 21, p. 169, 277; V. a>, p. isi.
280.)
Camden dk Atlantic. Net earnings, 1875, $307,642.

Caii'O

cfe

—

Camden tfe Burlington Co.— Leased t> United
Companies, at 6 per cent on $:J82,000 stock.

—

Canada Soutlicrn. Defaulted .lanuary, 18 '4, and
coupons funded, but interest not paid .July, 187.5.
In January, 1H76, supposed to have passed into N.Y.
Central control. (V. 2i. p. l.W; V. 22, p. 16, 399.)
Carolina rs/i/rff/.— Formerly Wilmington, CharPassed interest January, 1876
lotte A Rntherfurd.
(V. 20, p. 15.)
(7a(a!ow«>i.— Leased to Phila. & Read., Oct., 18TS<
New preferred stock dividend to be 7 per cent
See terms V. 15, p.
in 1875-6 and afterwa d.
491; also, V. 16, p. 517; V. 13, p. 367; V. 20, p. 38t

—

...
.

RAILROAD STOCKS AND BONDB,

April 29, 187G,]

XV

8nbscrlbers will confer a «reat favor by cIvIiik immediate notice or anr error discovered In tlieae Tables.

DESCRUTION.

MilOB

Date

of
of
For explanation of voliimii Iica<llii{i;»<, &c., hoc notes
Road. Bonds
on fli'st pitge of tubloji.

(Mi/Ki/n— 1 8t niortKaRn, gold
Cauui/a (f SuinfKfh(tnna—i>tttck
Vr^lur I'alls id Jft«».— Jioiidson IntiUv.
UcindK 1)11 'M diviHlon, Hiuklu;^ f unci

Cedar Uapids

if

nt

'

fund

Hank, Oa.—Stook
(iciiciMl inoitgaKc Cfolnt) bonds ($5,000,000) coup.
Miu-oii it Wt'slci-ii bonds

Cenlral.

R.

It. it

liondK for Ktoiini8hip8
Ventral of /oir«— 1 »t inortgaKC gold,
ad niortgaKP, gold, $ 1,000 nvv mile
Central of Xtw Jersey .Stock

1871

$1,000
100

1804
1866

500 like.
500 Ac.
100

1861
1863

500 .\i('.
500 itc.
500 Ac.

couiwn

—

Mort gage bonds

1866

7
7

582,000
2,332,000
7,500,000
2,287,000
1 50,000
300,000

7
7

1,000

231
231
201
74

1869
1871

500 Ac

3,7(M),000

1,000

925,000
20.525,000
5,000,000
4,475,000
1 1 ,000,000

07

100

1869
1872
1874
1867
1874
1875

l.(MK)
],(M)0
1

,000

500

Ac,

41200
,000
1,000

.

'825

460
825
100

32

40

|

American Central,

Ist mortgage (bo registered.
Iluuuibal, 1st mort
J

roa;l

51
31

1872
1875
1869
1869
1808
1808

was sold cnder

second mortgage, and this Co. organized.

(V. 19, D.

2ro.)

Cayiiga dk Smquehanno.—'LeaiieA in perpetuity to
Delaware, Lackawanna &, Western. Dividends, 9
per year.

Cedar HajM) <S .1/;«S0Kri.— Leased to Chicago &
Northwestern at f 700 of llrst $1..')00 gro^s earnings
per mill;; one-third of the next 4^3,000 per mile, and
one-fifth of all above that. (V. 2.', p. I(i2.)

7
7
7

7

411,5.50

3

3
6
•IK-

6g.
7g.
7
6
fig-

6

6g.
««•
7
7
7
7

500,000
300,000

100,000
902,000
300,000
160,.500

1,220,331
2,153,300
774,600
500,000
9,937,800
2,425,400
3,893,200
2,383,000
1,087,000
1,500,000
336,000
2,365,000
564,000
188,000
360,000
2,120,000
700,000
37,512,842
2,719,000
9,916,000
941,000

7
7

^7«-

7

.1.

2,379.19!

8MJ.1B3
2..512

1.3 (I,
1.387,
],y81,

3,703,141

.3,1.15

4,28'i.«0fi

.

K.=41,379
7,180,718
H,8«I.3B8
8.5'9,«31

.

7,-l 11, OS-

2,8»3,
4,865,
4,419,
3,S8i,

217

to Bait.

&

Ohio RR.

Central of /»wo.— Decree of
made Oclober, ISl.V (V. 20, p.
21, p. 83,

393, 417, 465, 511

;

sale in
15, 85.

V. 2a, p.

foreclosure
54B; V.

2.3.'!,

110.)

Central of New Jersey.—T\\e annnal report for
1875 was given in Vol. 22, p. 326, showinff
BOBS eaminijs of t7,4n,6i6; net, |;3.28S,!K>9. Of
the consolidated mortgage sufficient will be held
to pay all the prior issues.
This company also
assumes $2,310,000 of Lehigh Coal
Navigation
Company's debt and $2 5,793 of the Railroad Car
Trust Company.
The following table shaws the
receipts, expenses and net earnings, from the beginning of 18G3 to the present time; inchulin?. since
1870, those of the Lehigh & Susquehanna Division:

&

Receipts.
18«3
'««1

1805

$1,911,976
2.587.18S
8,030,390

1

$811,732

$1,1S7.24I
l,30i,&31
1,86;,850

Mar. 15, 1876

Frankfort.
N. Bk. of Com'rce.
Boston, Co.'s oBlee.
Boston. Co.'s OtUec.
N.Y., N. Bk. of Com'rce.

July
July
Oct.

Jan.

1,
1,
1,
1,
1,
1,

June
May,

do
do
do
do
N.Y.,N.B'kofComm'rce

July,
JiUy,
July,

Chester Valley.- In hands of trustees
Reading.
to Philadelphia

1833
1903
1890
1890
1896
1895
1879
1889
1878
1573

and leased

A

Central Pacific.— Otoss earnings i 1874 were $14,531,355 (currency), and net earnings $'',(lSi.3r8. Land

Chicago <6 All n —The report for 1875 Is given at
length in V. S2, p. 235, and shows gross earnings of
$4.':.V.,-(«, and net earnings of $2.0^^.8'S. aealnst
lta,3.36,>-76

interest

in 18*4.

Joliet

A Chicago RR. is leased for
St. L., Jack. A Chic.

on stock and bonds.

Railroad leased at 8240,000 per year.
1

Mo. RR.

built

and

ojx'rated

Loui*i!uia

A

under contract. (SjeeV.
The Chicago A Illinois

V. 20, p. 129.)
River bonds had not been sold to Jannary. 1876,
19. p. 479;

and thee was some litigation. (V. 18, o. S.S); \ . 19,
SI, p. 185,
p. 16, 479; V. ». p. 176, 265, 2S», 600; V.
612; V. S2, p. 25o.)
Chicago. Burlington

<t

Ouinq/.— Stock was issued

!>ept.,
In e-xchange for that of Ihe Burl. Mo. River in
ex1875. Gross earnings for 1875 were $ll.7»l,«)l;
interest
penses, Sn4.30,122; net earnings. $5,3t>l,«3B:
nnmeroos
leases
The
C.
B.
Q.
charge, t2,014.7(i9.

*

trafllc gusrsntee lus""'?
purchasing their bonds. Bnonga
40 or 50
ts/e "P
of the consolidated moitgagc is reserved to
In Angsit, 1875. stock of th«
prior debts.
Burlington
A
for
Company was issued bi exchange
Missouri River Railroad stock, and the same is al»»
Burlington
bonds
of
eiven for the convertible
(V. », p. l.'s 37, 80, liH.
Missouri River Railroad.
336,499: V. 22, p. 231.)

bnmch

io.%ds.

giving them a

p. ct.) for

ffl«r^i<r».— Leased to Pitts. Oin.

operated by Penn. Co.
in

A St.

Lonis. and

Net earnings go to

lessor

8,5, $i4,;2r. (V. au, p. 427.)

Expenses. Net eam'gs.
1,231,554
l,748,4i4

1883
1876
1882
1894
April 1, 1894
July, 1898
July, 1808
Aug., 1900
Jan.,
Jan.,
July,
April,

Jan.

N.Y^.,

1877-'80

DiviCheehire.-'Sct income. 1874-75. $76,927.
dends, 4 per year. (V. 18, p. 295; V. 21, p. 59 j.)

for 2 years, rent 35 per cent of gro.is receiptb for 5
years, and 40 after. Pays 8 per cent dividends.

Charlotte, Columbia <t Augusta—Stock, is ti.578,Net cai-nings in the year ending September 30,
000.
1675, 8250,'104, against $i25,730 the preWoxs year.
Increase in local business, 19 per cent. (V. 21, p.
590; V. 2!!, p. 134.)

1,

May, 1872
Mch. 1, 1876
Mch. 1, 1876
Oct. 1, 1903
Jan., 1893

Ch'sajieake

in 1866

grant statement. V. '*1, p, 1.38. An abstract of the
annnal report for 1874 is uivcn in the Ciikonicle.
V. 21, p 251, and earnmijs and expenses later, to
July. 1875, on p. S42, showing net earning" for six
months of $i.229.7.'3 in mixed coin and currency.
Kegnlar dividi-iids of 8 per cent a year now to be
dccliired.
A settlement with bondholders of California Pacific has been proposoci, by which the Cennew bonds to a
tral Pacific guarantees certain
limited amount
(V. 30, p. 8, 37. 42, 178, 18?; V. 81,
p. 139, 4Si; V. ai. p. 81, 233, 352.)

do
do
Boston odtce.

July

was made on

i

Central Railroad <fc Bank, Off.— Leases several
and guarantee.^ $l,49'2,SO) of bonds. In
187.'), purchased one-half interest in Western
Railroad of Alabama at foreclosm-e pale.
Gross
earnings year enOing Si'pt 1, 1^75. fS.S 8,.'i:j6; net,
»1, 199,811. (V. 20. p. S39, 335, 3a8; V. ai, p, 372,
417; V. 2J, p. 30.1.)

roads,
April,

N. Y., Bk. of Coiiimcroe.

1880
1884
1876
1877
1893
July 15, 1375

8!48,8ii8.

1,472.

4,215 584
4,140.801
4,128,7iT

Cmtril 0Ai9.— Lease!

Nov.. 1899

July 1, 1902
July 1.'77 to '93

dk OAio.— After the panic, default
Net earnings ia 1S74 75.
interest.
Keceivcr appointed October, 1875. and
be had for the
foreclosure proceedings will
A very complete
purpose of rc-organizatinn
statement of outstanding liabilities and the plan of
re-organization are alveu in V. 21, p. 5«9. (See V.
M. u. 182, 1S4, 337; V. vl. p. .323. 371, 417. 441, t.34,
509, 012; V. 2j, p. 42, 87, 131. 2Sii. 375, »S.)

Expenses. Net earn

4,3«,5M

do

do

.T.

455,000
267,000
597,000
435,000
322,000

4.010,121

,

N. Y., Mctropolltaii Bk. Dec. 15, 1899

A

A S.
J. A J.
J. A J.
J. A J.
A. A O.
J. A
J. A D.
M. A N.
J. A J.
A J.
J. A J.
M.

7

8 729,412

.

F.

5
8

(i78,000
2,1.55„500

1,000
1,000

AD.

A N. N. Y.,Fl8kA Hatch,
do
A J
do
do
do
A J
I'A J. N. Y., Am. Exeh. Bk.
do
6
A J.
do
do
do
8
A J.
do
8
A J.
do
7
Boston.
2
J. A
do
6
J. A
Plilladelphia.
M. A
7
M.K.Jesup.P.ACo.
4
M. A
N.Y.
do
4
M. A
do
Lond;n,.I,S.MorgniiACo.
Og- J. A
7
N.Y.,M.K.Je8Ui>,P. A Co.
J. A
do
A. A
do
7
N.Y. U.S. Trust Co.
1% q,.-.
N.Y.,M.K.Je8up,P.A(^.
J. A
8
do
A. A
do
7
do
A. A
do
7
do
do
7
J. A
do
7
do
J. A

S1.H17,

.

J.

M.

$l,98<.97(i
1.878,0 !2

.

g.

6g.

15,898,401
15,000,000
5,426,000
66,000

500 Ac,
500 Ac.

.

.

.T.

««•

5,000,000
3,000,000
2,437,950

.r$3.6i<1,244
»..3S0,398

.

,

&

Cedar Falls <t Mnnesita.— Leased to Dnbaqne
Siou.^ City, and sublet to Illinois Central at « 1,500
per mile yearly, and a per cent of all earnings over
(3,500 per mile.

7

500,000

1,000
1,000

Receipts.
1866... .
1867
1-m^
1889.
1870
1«71...
182'.....
1878
1874 . ..
1S75

g.

2>a

9,436,000
193,500
1,309,000

96

(

Cayuga.— Tha Cayiija Lake

1858
1873

"ioo
1,000
1,000

.r.

7

2,500,000
54,275,500
25,883,000
1 ,500,000
1 ,483,000
6,080,000
25,885,000
2,735,000
1,970,000
6,000,000
1,201,000

rf-

Chicago, Hurlinptontt Qiiincy --8tov.k
Ist mortgage, sinking fund, (trust)
Consulidat«d mortgage coupou, (for $;J0.OOO,OOO)
Nortlioru Cross K. R. 2d. mortgage, gold
Trust mortgage Burlington to Peoria)
Plain bonds (coupon or registered)
Bonds of 1875, (sinking fund $13,860 per year)..
Cartilage & Burlington, 1st mort i
Uiioii Peoria & Hannibal, 1st m. Coup, but may

7
7

10,<KK),000

, .

.

5

(iOO.CMXt

1

1

1

3>a

70<l,000

1872
1870

iif.

A.

760,600

015

137
50
137
50
Iflt mortgage bonds
137
1,000
Cen Iral Pacific— HUtck
1218
100
St mort., gold, (sinking fund, f.W.OOO jwr year)
742 1865-E
1,000
Hubordinate lien, California State aid, gold
50 1864
1,000
lionds, (formerly convertilile into U. 8. bonds)
138 1862
Ist mortgage on San Joaquin Valley liranob, gold
i',6bo
14G 1870
742
U. 8. Loan, ('2d lien on certain terms)
Western PaciUc, Ist mortgage, gold
158 1869
1,000
do
Government lien
123
Cal. & Oregon, 1st mortgage, gold (guar by C.P.).
l",(K)0
152 1868
C. P.. Ist mort., on C. & O. Br. ($7,200,000 g.)
i.ia
1872
1,000
San Francisco O. & A., 1st mortgage ($1,500,000)
1,000
20 1870
Land bonds on 11,722,400 acres
1870
1,000
Charlotte Columbia
Atfffusta — l6t m. (C. Sc A.)
85
do
consolidated
195 1869
2d Mortgage for $1 ,000,000
1872
1,(XK)
"23
Chartiers — Ist mortgage
1871
1,000
Cherry Valley Shar. it Al. — Ist mort., convert
21
1869 500 Ac.
Chesapeake rf Oh io— stock
427
1 St mortgage sinking fund gold.
427 1869 100 Ac.
Ist mort. cxten. (2d on 427 miles) coup, or regd.
1872
1,000
Delientures convertible into 2d mortgage
1872
1,000
1 st mortgage, (Va. Cent. R. R.,) guaranteed by Va.
3d mortgage,
do.
do.
coupon
Income mortgage, (Virginia Central R. R.,) coup.
Ftmdcd interest, coupon bonds
Income bonds (for funding)
1874
CA«»Atre— Stock, preferred
100
«1
Bonds, not mortgage
Chester Valley— 1st mortgage
21 »a
Chicago rf A ^ton—Common stock
649
100
Preferred st'ek (pref. 7 p. e. y'rly not cumulative)
100
649
General mortgage, sterling, for $8,000,000
322 1873
1,000
let mortgage
220 1863
1,000
Income bonds (a Ist Hen on income)
220 1862 500 Ac.
Jollet & Chicago, 7 per cent, stock
38
100
do
do
Ist mortgage, sinking fund
38 1857
1,000
Bt. Louig Jack, ife CU., 1st mortgage
160 1864
1,000
do
do
Ist mort. assum. by C. & A.
37 1864
1,000
do
do
2d nuirt. assmu. by C. <fe A.
37 1868
1,000
do
do
2d mortgage
1.50
1,000
1868
Louisiana & Missouri, 1st mortgage
101
1870
1,000
Chicago & 111. Kiv., Ist mortgage, guaranteed

<fe

1,334,000

A D.
New Yorlt.
1901
A J. New York. 44 Boiltli
Jan. 3. 1876
A O. N.Y.J. 8. Kennedy A Co April 30, 1884
do
do
J. A J.
Jan. 2. 1907
Boston, Treusm-er.
Q.-F.
May 1, 1870
F. A A.
do
do
Feb. 1, 1870
IF. A A. N. Y., Nat'l Park Bank, Auk. 1. 1891
do
Aug. 1, 1801
do
y. A A.
do
IM. A N.
May, I9I6
do
Ij. A D.
Savnunali, Ga.
June, 1873
J. A J. New York A Savannah, Jan. 1, 1893
Oct., 1880
A. A O.
Suvunnuh, Gu.
July 15, 1899
New York, Office.
A J.
do
April 15, 1901
A. A O.
do
Kow York, at onice. April 10, 1870
Q.-J.
do
F. A A.
do
Nov., 1002
M. A N.
do
do
do
July 1, 1899
do
(i.-J.
1887
J. A
do
do
M. AN.
Feb. 1, 1899
London.
Q.-M. N. Y.,Ceut. RR. of N.J. June 1, 1900
J. A J.
do
do
J. A D. Bait., at B. A O. olHce.
Deo. 30, 1875
J. A D.
do
do
Deo. 30, 1875
M. A 8. Bait., West. Natl. Bank.
Sept., 1800
A. A O. N. Y. A San Franclsoo.
Oct. 1, 1875
1895 to '98
J. A J.
N. Y., Fisk A Hatch.
July 1, 1884
J. A J. Bacram'o State Treas.
Jan. 1. 1883
J. A J.
N. Y., K. Kelly A Co.
Oct. 1, 1900
A. A O. N. Y., Fisk A Hatch.
1895 to '90
J. A J.
U. S. Treasury.
July 1, 1390
J. A J.
N. Y„ Fisk A Hatch.
1899
U. 8. Treasury.
Jan. 1, 1888
J. A J.
N. Y., Fisk A Hatch.
Jan. 1, 1892
do
do
J. A J.
July 1, 1890
do
J. A J.
do
Oct. 1, 1890
A. A O.
do
do
1890
J. A J. N. Y., Nat. City Bank.
1895
J. A J. N.Y.,M.K.Jo«up,P.ACo,
A.AO. Pblladelidda, Penn R.R. Oct. 1, 1901
J.
J.

I'-

6,8.')0,4<X)

100

—

Peoria

7

100

2il5

HoiwlH (convertible Nov., ISir, to 1 877)
<;on8olidat*d mortgage (for $25,000,000)
Newark & New York, Ist mortgage
IjuLlgli & Wllkesbarre Coal Co., 1st mort. guar,
do
do
Consol m., eonp. guar.
Am. Dock & Imp. Co., Ist mort., guar. Cent. of N.J.
Central OhU* Common stock

Preferred stock

$800,000
589,110
198,000

When Due.
HtJiekf-taH
Dividend.

pal.

Kate per When•- Where pnyitble, uudby
"
Value. Outstandiug
P.nyable
Cent.
Whom.

1 -i

274
128
70
58
140

7 per cent

mortgage
do
do

JUltlllt—VTlUCX-

I)IVII>ENI>fl.

Amount

pur

40
«1

MiKsouri—Vommon stook

I'refi^riiKl Htoi;k,
1

sinlc.

INTEREHT OR

Size, or

Cherry VilUv, Shar.

<C

>lf.— Transferred to Dela-

ware A Hudson Canal Co., April, 1875.
unpaid in December, 1873. (V. 30, p. 404.)

luterei^t

«

....

!

EAILROAD STOCKS AND BONDS.

rA
wUI

Sabaerlbera

sreat niTor br cIvIub immediate notice of

confer

DESCRIPTION.
on

flrst iiagc

Ohieogo, Burlinglun

Keokuk &

8t.

dec, see uuteo

A Dps

d

.

I

....

I

Moiui'S, 1st

,,,„

.I,'.^. i'.^

p'i^";"L,i
rc*i8icrt<i.

!

rf-

.

Chic., Clin, tt rmb.—lut niort., coui),, rpKis'blc.
Ohie., Danr. it r«n.— 1st niort.. Rold, siuk'g Td
Indiana cxtcn., 1st niort., gold CJd ruort on 114ni)
Chieaffo, DubiiijMf it: Minnesota— iHt moTt
Chicago if: fown— 1st niort., coup., may bo reg
'id iuortg!igo

3d

yettraaka

it

do

—Stock

(now Ist)
(now3d)

Chic. i£ ilich. L. A'Aore— Ist inort
iBt mortgage
1st mortgage
1st mortgage, on branch

';

i

f
.1

Coupon,
but
may be
registered.

mortgage
mortgage
mortgage
mortgage
'2d mortgage
Milwaukee &

2'20

49

235
235

(Prairie diiChien)
Prairie du C'liien)
(

Western

105
52

sfo
370

$&

Paul* Chic. 1st mort.,
« (conv.)....
let mortgage, Hastings & Dakota
Ist mortgage, ('hicago & Mil. line

iSo
75
85

bridge bonds (may be paid in 1878)
Western Union, 1st mort gage
i97
,
Chicago it Sorthircslcrn— Common stock
1,459
Preierre<l st'ck (7 p. c. y'rly, not cumulative)
1,450
Bonds, pref. (sink'g fund), Ist mort.. Chic, to Osh. 193
Interest bonds, funded coup., 2d m.. Chic, to Osli.
193
1st mort., general. 3d mort.. Chic, to Oshkosh
103
Appleton exten., lat mort. on 23 miles and l.ind.
23
Green Bay exten.. 1st mort. on 2(i miles and land
26
let mort., Galena .fc Chicago Un. KK. extended.
248
Miesis.«tppi River Bridge b'ds, lien on uet earnings
Elgin & State Line Railroad bonds
let mort. (Peninsular RR.) on roads and lands.
74
1 St mortgage Belolt ik Madison Railroad)
46
Coiisol. sink'g f'd M.. (all above convert, into this)
770
1'26
Madison extension, 1st mort., sinking fund, gold.
&.

.

.

(

Chicago

i

1870
1870
1870
1869
1875
1872
1867
1871
1860
1872
1871
1871

—

Louisville.- -^o

Chicago, Cincinnati <S
tion furnished.

JhiJbfuque.

informa-

—This road defaulted

was

built byfconstructlon companies in
Q. wer(! stockholders.
(V. aO, p. 85, 1S4; V. 31, p. 14, 613 )

directors of C. B.

&

Chicago, Damille it 71«c«i/i««.— There is also a
mortgage for $1,000,000 and a chattel mortgage
of $1,000,000. most of whicli are pledged. Default
was made in 1873, and coupons ]>artly fanded, subsequently receiver appointed, and litiuatlon in prog-

M

ress.
(V. iW, p. m. 241, 866, 289, 313, 357. 382, 404,
458, 499, 570; \. 21, p. 157, 185, »17; V. 22, p. 87, 3M.)

Chicago, Dxibtique * .Vi/maw^a.—Dcfaulted December, lb73. same as Chicago Clinton & Dubuque.
(V. 20, p. 86, 139, 184; V. 21, p. 14.)
Chtcigo <t loiea.—llaa a traffic guarantee of Chic.
Uurlington & Quincy 40 per cent for purchase of

bonds. (V.

S2. p. 87.)

Chicago <fc Michigan Lake .fAorf.— The first mortgages, main line, have traflic ngi'ccnient from Micliigail Central. In default for intere-'t since July, 1»73,
e«cept on first bonds $477,000. ( V. !7, p. 188; 211 V.
18, p. 14; V. 19, p. 247; V. 20, p. 60, 312.)
;

Chicago. Milwaukee <fc St. Paul.—lhc
a comparison for three years:
1875.

Debt

KamingS

1,399
$57,673,744
27.IS9.«0a
...
8,855,743
.

Op. expenses.

Net earnings.

New York and Boston.

July, 1900

J.

8
8

A.

1,(HK>

500 &c.
1,000
1,000
1,000
1,000
1,000

18(i3

1869
1870
1871
1872

1,000
1,000
1,000
1.000

1875
1863
1864
1807
1864
1869
1868
1868
1861
1872
1873
1873
1873
1866

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

1860

100
100

1859
1862
1859

1862
1853

i',6oo

1,000
1,000
1,000

100
100
100 .fee.
100 Ac.
100 .fee.
500 &c.
500&C.
1,000
1,000

500 &c.
1863
1863
1865
1871

1,000
1,000
1,000

500

(fee.

.5,170.854

1874.

1.399

$27.C73,744
27.119,610
8,953,017
5,871,116
3,081,900

following
1873.
1.399

$27,673,744

26,'«-6IO
9,016,123
6,1191.560

2 451,663
The issue of consol. bonds of 1875 was made to substitute for that of 1874 of these bonds $87..'i39.000 are
reserved to take up old debt. The dividend on pre3,066,389
:

318,.500
463,(K)0

2.500.000
1 .000,000
1.500.000
2.500,000
1„500.000

4„4250O0
1,7.50,000
3,838,'200
568,'200

211,500
477,000
3,523,000
1,350,000
1,280,000
15,309,261
12,274,483
3,872,427
5.000.000
1.091.000
3,810,000
190,000
837,000
3,674,000
1,315,000
234,<X)0

4,000,000
467,000
2,500,000
245,000
3,500,000
14,093,060
21,484,113
1,238,700
740,300
3,578,000
146,000
265,000
1,692,000
186,000
132,000
338,000
284,000
4,'277,000

3,150,000
1,700,000
2,700,000
9,758,000
2,7.50,000

1,650,000
4,375,000
1,000,000
1,3.50,000

3,500,000
2,808,000
700,000
300,000
24,909,700
0,000,000
1,000,000
5,000,000
i.ooo.oo<i

3,500.000
1,250,000
500,000
500,000

1,846,000
1,1*20,000

471,000
400,000
1,500,000
560,000
65,000
1.800.000

A.
J.

<t
&.

7g.

A.

&.

7

J.
J.

V. 21,

scrip.

p. 38, 188, 253,

612;

V.

Gross

Expenses
and tascs.

$12,707,7211
14,410,124

$7.ft84.6!H

,

12,73>i,6fl7

8,178.'237

,

11.402.161
ll,(i94,914

6,810.026
6,3 i.noa

12.535,4-28

8,1113,317

,

,

9,334.450

1890

lioston.

J.

New York and Boston.

July, 1890

O.

Boston.

April, 1879

O. N. Y.. Union Trust Co.

Oct.,

3.

do
do

do
do

&".T.

J.

Apriri,"l902

July

1, 1905
1893

1884
& O.
do
do
1897
J. & J.
do
do
1894
J. & J.
do
do
1899
& J.
do
do
1898
F. & A.
do
do
1898
F. & A.
do
do
1891
J. & J.
New York, Office.
Jan., 1902
J. &. 3. London and New York.
1902
3. & 3.
New Y'ork, Office.
1903
3. & 3.
do
do
June 1, 1883
3. & D.
New Y'ork Office.
F. & A. N. Y., Mil. Ht. Paul RR.
Feb. 1896
Dec. 28, 1872
.'s Office.
J. & D New Y'ork,
July 15, 1878
J. & D.
do
do
F. & A
do
do
Aug. 1, 1885
do
Hay, 1833
M. & N
do
do
Aug. 1, 1885
F. & A.
do
F. & A
do
do
Aug. 1, 1885
do
Aug. 1. 1883
F. & A.
do
do
1882
F. & A.
do
do
do
Jan. 1, 1884
J. & J
do
do
July
1, 1878
J. & J.
M. & S.
do
do
Sept. 1, 1898
du
do
Jan., 1888
J. & 3.
Feb. 1, 1915
do
do
(J.-F.
do
AprU, 1911
A. & O.
do
July 1, 1898
do
do
J. & J.
June 1, 1911
do
J. & D.
do
do
do
Deo. 1, 1902
J. & D.
do
Jan. 1, 1887
d»
J. & 3.
do
do
Not. 1, 1907
M. & N.
do
do
Dec. 1, 1916
J. & D.
April!, 1878
A. & O.
do
do
do
do
Oct., 1000
A. & O.
do
do
June 1, 1915
M. & 8.
3. & 3.
July 1, 190S
F. & A. N. Y., Farm. L.
T. Co. Aug. 1, 1901
1891
A. & O.
A. & O. New Y'ork, Co.'s Office, April 27, 1876
1896
do
do
J. &
Aug. 1, 1895
do
F. & A.
do
M.& N.
do
do
Nov., 1890
J. & D.
ApriY,1873
A. & O. N. Y'., W'tusiow] L. & Co.
May 1, 1880
do
do
M. * N.
July 20, 1885
do
do
J. & J.
do
do
June, 1876
J. & D.
A.

7
7

•

,1.

8
7-3

7

?«•
7
10
7
3»3
SJa

7
7

7
7
7
7
7
6
7
7
7

!«•
7g.
5^7
7g.
10
8

?«
8

<!(1

<St

.1.

6

7g7g.
4
7
7
8

7
7
7

do
do

J. '&'3.

&
&
&
&
&
&
&

M.

g.

7g.

J.

F.
J.
.7.

7

J.
J.

7g.

Jan., 1003

N.Y., J.S.Kennedy ACo.

D.

New

June, 1021

York.

December, 1870, 5 on both;
June, !870, 2 on preferred; December, 1869, 5 on
preferred, 4 on common June, 1869, 5 on both December. 18H8. 5 on both. (V. 19. p. 295, 375 528;
5 on both;

;

;

V.

20. p. 136, 186, 593; V. 21, p. 109.)
Chicago c6 /'a^/wci/t.— CompIet<;d

in July, 1874.
O'. 19. p. 16; V. 20, p. ;M7; V. 21, p. 85.)
Opened
in 1S7S
Chicago, Pekin it Southwestern.—
Gross carnlugs first half of 1874, $66,346; net,
$33,720.
Chicago, Rock Island <fi Pad^c—'Set receipts in
year eliding April 1, 187.5. $3,543,'<83, against
$3,'i56,684 in 1873-74.
The income account for year
was as follows : Gross receipts, $7,199,613; net
receipts, $3,531,283; dlvideuo paj-ments, $1,678,384;
interest, &c., $755,000; surplus for the year, $1,109,899.
Chicago
Southwestern road is leased and
interest guaranteed on $5,000,000 of its bonds;
the others are in default. (V. 20, p. 614; V. 21,

22, p. 280.)

&

p.

.38,

180, 2.73.)

—

Cincinnati, IlamVton <f: Dayton. See report inV.
p. 62, showing net income of $197,192 in 1874-5.
Investigating Committee's report. V. 20, p. 357.
(V. 19, 1). 183; V. 21. p. 62; V. 22. p, 280.)
Cinclunull, Lafayette ct CAicajo.— Lafayette, Ind..
to Kankakee, 111. Gross earnings in 1874, $4.'i3.717.
net. «'22.1,4S8. Cost ot road, Ac, $3,752,870.
(V. 30,
•11,

Net
earnings.
$4,723,131
5.075.673
4.568,370
4,592,135
5,8a3,408
4,523,111

The trust deed of the cold loan provides contingentlv for a possible issue of $4«,000,000. by uiti
inately absorbing all tlic other bonds and also nil
subsequent issues, including all the bonds of the
proprietary roiuls of the connjany. to2etlier aggregating $35,349,000, wliich amount is reserved from
the $48,000,000. The residue of the gold loan, viz.,
$12,ti51,(X)0. represents all the additional Indebtedness resulting from the mortgage.
Dividends
have been paid— July, 1878, ;ix on preferred;
December. 1872, 3)f on both; June. 1872. SX on
preferred; December, 1871, S)i on preferred; June,

1806

do
do

Mch. 1901
Nov. 1, 1914
3.
do
do
JiUy, 1905
A. New York, Co.'s Office,
Jan., 1901
.7. New Y'ork, Moran Bros.
July, 1895
.7. N. Y'., Winslow, L. & Co.
Jan. 1, 1889
do
do
J.
S.

1871,

t6

earnings.
1874^75 ..
1873-74. .
1872-73...
1871-73
1870-71..
1869-70

iS'oc^-k— Last

O.

7

Jforlhwest.—The fiscal year ends with
May. The last annual report will be found in the
CiiRoxici.K. V. 21. p. 206. The net surplus of the
year on the Chic. & Nortliwest. lines proper, after
paying Interest, was $1,366,167, and on the whole
system, including proirietary roads, $518,266. The
net earnings of proprietary roads were $282,()04, and
the interest on their bonds, $l,l*2i».iH)5. Lands of
the company are 2,l08,64;lacres unsold, an,! were
only recently placed lu market. In 1874-5. a4,29()
acres were sold at an average price of $4 78 per
acre. The nominal surplus balance of the Companj',
May 31, 187,%, was $2.6.37,612. Operations for the
last six fiscal years compare as follows:

Chicago

J.

bJ'i

<fe

—

and?

W^here Payable, and

& J.! N. Y., Farm. L. & T. Co. Jan., 1887
& D. Best., C., B. & Q. Office. June 1, 1890
8
April, 1009
7 g. A. & O. New York, Co.'s Office,
April, 1912
A. & O.
do
do
I'- J. & D. Bost., C, B. & Q. Offlec. June 1, 1896
JiUy
1, 1901
J. & J. New York and Boston.
8
Jan. 1, 1876
5
J. & J. Boston, by Treasurer.
J. & J. Boston, Merchants' B.k, July 1, 1888
7
F.
A. New York, Park Bank. Aug. 15, 1892
7
Sept. 1889
M. & S. Boat., Treasurer's office.
8
July, 1890
J. & 3.
do
do
8
Nov., 1891
M. &. N.
do
do
8
M. & S.
Sept. 1, 1892
8
do
do
Jan., 1871
7 8. J. & J.
New York, Office.
AprUlO, 1876
do
14 bds. J. & J.
do

ferred stock March, 1874, was paid in consol. bonds,
and the same April, 1876. See statement V.'22, p. 280.
The sterling bonds of 1872 are convertible into dollar
bonds. DIviiiends have been paid since 1869 on
pref. stock— in 1876 14 per cent, in bonds; in 1874 7
in bonds, 1873 7 cash, 1872 7. 1S71 7, ts70 7 and 3
scrip; on common stock in 1871 7 scrip, 1870 3 cash

&

Miles
Stock

&
&.
&

J.

100
100 Ac.
500 &c.

diicago, Iowa <ft Nebrw>l-a.—lAitLae.ii In perpetuity
Northwestern, at 37)4 per cent of
to Chicago

gross receipts.

is

Dividend.

8

—

Chicago <ft Canada .S&i/MCTn.— Connection of Canada Southern. Interest not paid.

ifi

Whom.

8
8

—

it:

It

Payable

726,000

<fe

Chicago, Clinton

Cent.

900,.500

—

which

When

1,000
500 Ac.
1,000

$1,081,000

when Dua.

Kate per

500 &c.

$1,000

Milwaukee, Ist mortgage, 2d lien
85
1.000
Menominee extension, Ist mortgage, gold
120 1871 .500 &c.
Gen, cons, mort., gold, coup, or reg. ($18,000,000) 1,058 1872 500<fec.
Winona 4 St. Peter, Ist mort., guar by Chlc.&NW. 137 1870-1 1,000
do
2d mort.,
do
do
137 1871-1 1,000
Ist M. exten, gld, land gr., a. t.
do
175 1871 100 &c.
La Crosse, Tremp. & P. Ist mort,, guar. C. & N.W.
28 1870
1,000
Iowa Midland, 1 st mort., guar, by Chic. & N. W.
75 1870
1,000
Northwestern Union, 1st mortgage, gold
62 1872 500 &e,
Chicago it Paducah 1st mortgage
1.56
1873
1,000
Chicago, Pekin it HoTithureatern—lat mortgage
70 1871
1.000
2d mortgage
64 1871
1,000
Chicago, Hock Maud it Pacific— Stock
674
100
l9t mortgage, sinking fund
359 1866
1.000
Brajuh bonds (sinking tum\ $40,0<X) from 1877 ).
1875
1.000
Chic. & S'wcstern, Ist mort., gold (guar in cur)..
250 1869 100 &c.
CSiic. & S'western, 1st mort., gold, not guar
50 1871
1,000
Cincinnati, Hamilton it Z>oj/(o«—Stock
•K)
100
Ist mortgage of 1853.
60 18,53
1,000
2d
1865
do
60 1865
1,000
do
1867
3d
60 1867
1,000
Consol. mortgage (for $3,000,000)
60 1876
Cln. Ham. & I, (.lunction) KR., Ist mort., guar...
98 1873
1,000
Cincinnali, Lafayette it C/iica^/o— 1st mort., gold
75 1871
1,000
Consolidated mortgage
75 1874
1,000
Cin. it Martin^rille— lat mort.,gnar by lessees
38 1865
1,000
CincifuuUi it Muskingum Valley 1st mortgage
148 1870
1.000
Cin., Richmond it Chicago Ist mortgage
36 1866
1.000
2d mortgage
36 1869
1,000
Pt. lY. 1st mort., gold, guar
Cin., Richmond
90 1871

in 187.S.

'pal,

Amount

loutstandlng
Vafue.

1,309

(Iowa & Minnesota)
(Minnesota Central)
(Iowa & Dakota)

St.

Equip.

Size, or

l,3i»l>

mortgage

Ist
1st
iBt
let

73
60
114
21
131
80
82
82
82
li)5
11)5

Chicago, Milwankee it SI. Paul--Com. stock
Preferred sfck (7 p. c. y'rly, not cnmulatlve)
Consolidated mortgage (for $35,000,000)...

2d mortgage

70
44
40
43

mortgage

Canaria Soiillifm—lut uiort., gold...
IiOuitrille—lnt nioit...
Chicago, Cinflnnnti

Chicago, Jowa

Date

of

Road, Bonds

of tables.

Quiney—( Continued i—
Fox Rlv., Ist m. 1 r'/.i„>ni.

Paul. 1st nuirtKnge,....

A'.bia Kuoxvilln

any error dUcoTered In the«e Tables.
Uondii— PriuclINTEREST OR DIVIDENDS.

it

Ottawa, Oswcito &
lUiuolB (Jrand Tnink, 1 »t nioit
QuiHcy & Warsaw. 1st uiortKafie
Chicago

[April 29, 1876.

I

Miles

For explanatlou ot coliiiun heudlnga,

1st

.

p.

568.)

—

Cincinnati c6 Marfinsrille. Recently leased again
Laf.
to the Ind. Cin.
Interest in default some
vears. Hccciver appouited, Feb., 1876. (V. 20, p.

&

V. 22, p. 232.)
Cincinnati A Musklnijum Valley.- Is leased for 99
years from 1873 to Pittsb., Cin. A St, Louis for net
earnings, but bonded interest is guaranteed. Net

•289;

earninss, 1875, $.35,744. (V. 80. p. 427.)
Cincinnati, litchtnond d- Chicago.— LeHaed to Cin.,
Dayton, which owns iiiost of the stock.

Bom.

A

Net income above
!

i

*

!

p.

62.)

interest, 1874-5, $25,623.

(V. 21.

*

Cincinnati, Rlclimond
Fort TI'ayHA— Leased to
Grand Rapids for 99 years. Interest on bonds i«

guarante.d by Grand Rapids, Cincinnati Hamilton
A Dajton, and by Pennsylvania Co. (Y. 20, p. 10.)

;

RAILROAD STOCKS AND BONDS.

April 29, 1876.1

SabMrtben will

..

conftor

a

dk8(;ription^
—
cfur explanation of column iHtadlngn,

icreat

tmror hy

_

'

on tlmt

i>aito

iScv.,

'

sve notett

of tables.

Date Size or
Amount Kat« p«:
of
par
Road. Bonds Value. OutHtaudlng
Cent.
171
171

it Vlereland—Stoeli
Preferred stock
MortgiMcc bonds, Handiwky, Dnyton & Clnclmiutl
HiindiiHky I'lt y & Ind
do

do
rf

Clnclunittl, Simdnsky & «;ievo..
Sprlnijflelil—lKt mortK»|ti'> f?xiiir

80
48
81
471
138
202

(Hn., Wab. tt Jf ic/i— iHt inortKit^o
Vhteland, Cohttnhutt, Vhirinnali tt InU, 8tork..
Irt mortgage ((;., C. & V. KK.) $y5,tK>0 a year. ..
(B»d. & Ind.) cxcli. foi' now mort.
do
v., C, <;. & I. Hlnkhiff fund
do
Oonsolldated niortjrn go (for $7,1500,000)
Cletttand <S: ilahoniug I'aWej/—Stock
.

.SOO

3»0

M

tf

14.')

I8t uiortgago. ('oliimbiis Extension
Incouu' n)ortguge for funding
Cleeelandii iVW.«oi/c(/A.— Guaranteed stock

—

Wheeling— liit

76
13

fJ»i?o>r<i— Stock

Por(»mo«/A—Stock
<t Pn«ii««io»ff—Stock

New mortgage

(for $1,500,000)
mortgage, sinking fund

Notes, coupon

Connecticut Weslern — 1st mortgage
OonuMting (Philn.)—\nt mortgage
Oumberland I'eii nsylvania—ist mortgage
2d mortgage, sinking fund, (guaranteed)
Cumberland Valley—atocli ($^184,900 preferred)
1st mortgage
'.id mortgage
Common bonds

.

45

dncinruM, Saridunky

c8

<t C'lereland.— In the year
gross earnings were $857.(>1)3;
net earninee, $295,919. being

59 I.)

Springfietd.—Xx&sed in perpetuity
& I., with guarantee of interest

to Clev. Col. C.

half of Interest

also guaranteed

is

S.

Clnclniiali. Wubanh <f- Michigan.— VaXA interest
January, 1876. to bondhylders not consenting to
pa$8, and allow funds to be used for completion
of road. Some bonds held by Lake Shore A Michigan Southern, but no indorsement by that company.

tV. 32, p. 158.)

A

Cleveland, Columbvn, Clncinnali
Tndianap.—By
annual report surplus over interest iii 1875
in 1S15. $S84,0i4, against
*0W,«:4 In 1874. (V. 20, p. •HI; V. 21, p. B3, S3-J;
tile

WHS $,500,261. Net earnings
V. 23, p. 3;7, 3U3.)

Mahoning VaUey. —Wns le.ised to .\tGreat Western, but that company defaulted

VleteUuid c6
lantic

on

A

the rcut.

See V.

17, p.

51 J;

V.

20, p. 85, 139.

(Xeveland, Mount Vernon it />«;awar«.— Defaulted
July, 1874, and made c(tnipromise by which ail the
coupons due July, iy74, and one-half of coupons

from January 1, 1S75, to and including ,luly 1, 1877,
arc to be postponed to ,lan. 1, 1885. and the remaining half to be p^id as tht;v mature. Gross earnings
1875, $436,0'-!7:
exjwnseN
"(Sec report, V. 30, p.

380;

$.'1311,360:

V.

-,2,

::et,

$96,titi7.

p. 350.)

Clevflanil <e PJ((«4K7'7/(.--I.ea8ed to Pennsylvania
Railroad at 7 per cent on stock, besides expenses
and mterrst, and transferred to Pennsylvania Co.
Report for 18".'i. V. S2. p. 'iOO, shows surplus of
$1^3,3^5 over all espeuses, interest, Ac.

Cleveland, Timcaranaa Valley <t TF^crflni?.— This
road was sold under a 2d mortgage, Jan. 27, 187.'i,
and re-organizcd. See V. 30, p. 6:, 110, 3-36; V. 2J,
I*,

-lo*.

1,(K)0

1,000
1,000
,(H)0

100 &c.
1,000

50
500 &e.
1,0(K»
1,(HK)

1,000

1871
.50

1,000

50
100
100
100 &c
100 Ac
100 Ac

1873
1856

?«•
7
7g.
7g.

"1^

500 Ac.
1,000
500 Ae.

1866
1868

1,600
1,000

048,000

.50

1,777,8.50

'ibo

500 Ae.

<lo

do
do
do
do
I>, X. Y., Union Triwl Co,
U. N. v., Uulou Trunt Co.
H.

Wabash, Indiana.

J.

N. Y., U.

A.
D.
J.

N.

8.
J.
J.

Trust Co.

New York or

1>.

N.
A.

H.

do
do
do

do
do
do
lyondon.

Nov.
Aug.

J,
1,

/*ept. 1,
I,

I><M'.

1875
IBOO
1877

I8M'

1, 1001
1902

April

July
Feb.
June,

1,
J,

IHOl
I87«

to '94
Until 1809
'7.5

May, 18!«n
June 1, 1914

Cleveland fJfflee.
N. Y., Ward.C. ACo.
Aug. 1, 1803
Cleveland, at Ofllee.
8euLl5, 187«
Jan., 1890
N. Y., Union Trust Co.
N. Y.. WInslow, I.. A Co, Jan. 1, 1»00
do
Jao.
<lo
1, 1001

Farm. L. A T. Co, March 1, 187a
do
Jan., 1892
do
do
N.
Nov. 1, 190O
do
do
J.
do
Jan. 1, 10i:<
aevcland, Ohio.
I)
Phlla., Co.'H (Jfflce.
Juno 1, 189(t
D. Bottton, Trea«.'H Ofllee. June 1, 1890
N. Y..

J.

.1,

,1.

80:1,500

161,000
109,500
81,800
600,000

,500 Ac.

do

A.

-

289,.500

1858
1871
1870

When

Sioejia-LtuA
DtTidend.

A
A
A
A
A A.
Feb. 10, 1 878
A O. N. Y.,St. Nloh.Nat. B-V Oct. 1, 1897
do
A J.
July 1, 1880
do
do
Jon. 1, isas
A J.
do
April, 1909
A. A O, X.Y., St. Nlch. Nat. B-k.
do
1893 to '95
7
Various
do
do
Nov., 1904
J. A J
do
7
Dec., 1905
do
do
7
A. A O.
do
Feb., I8»t
do
7
F. A A.
Dec., 1883
do
do
7
J. A
1880 to '9».
Varloiu
do
do
7
do
Nov., 1904,'
do
7
M. A N.
Jan., isai
do
7
J. A J.
do
do
10
do
A J.
F. A A.
du
do
7
Feb,, 1890
F. A A
do
do
F. A A.
do
do
M. A 8. N. Y., Union Trust Co Sept. 1, 1901
Mar. 10, 1870
Columhu-H Treasury.
Q.-M
wn A S. N. Y., Am. Exch. N. B'k Sept. 1, 1S90
7
5
M. A N. Boston, Tower, G. A Co. May 1, 1878
Boston.
Jan. 1, 187G
J. A J.
3'fl
Feb. 1, 187.>
F. A A.
Boston Office.
3
April 1, ISK*
do
A. A O.
7
Dec. 1, 1876
6
do
J. A I).
1876 to '81
do
Various
7
Feb. 1, 1875
F. A A.
do
3
July
1, 188JI
do
J.
A J.
««•
Oct., 1890
A. A O.
187G
Boston,
Bost.A
Alb.RR.
Jan.
1,
4
J. A J.
6
M. A S.IBoston, Globe Nat. B'k. Sept. 1, 1878
1901
Exeh.
Jan.
1,
Y.,
Am,
N.
Bk.
J. A J.iN.
7
J. A J. New York and Boston. July 1. igoo
7
1900-'l-'2-'."i-'4
Philadelphia.
M. A 8.
6
M. A S New York, Co.'s OfBce. March 1. 189L
6
do
May 1, 188S
do
M. A N.
6
A. A O. Phlla. and Carlisle, Pa. Oct. 1, 1875
5
April
1, 190«
A. A O. Phlla., T. A. Blddle A Co
8
April 1, 1908
do
A. A O.
do
8
Jan.
1,
1884
do
do
A. A O.
6
(i.-M. New Y'ork and Daubury March, 1876
'90,
'92
1880,
J. A J. New York, 18 New st.
7
Oct. 1, 1888
Phila. Penn. HR. Co.
A. A O.
7
in0{>
April,
7 g. A. A O. N. Y., Farm. L. A T. Co
July, 1911
7 g. A. A O. N. Y., Lond. A Prankf't
A. A O. Clneinnati.C. H.AD.Co. April, 1876
1%
o
Q.-J. N. Y.; WInslow, L. ACo. April, 1876
July, 1881
do
do
J. A J.
7
Sept., 1887
do
do
M. A S.
7
Oct., 1888
do
do
A. A O.
7
Mar.,'8lA "94
do
do
M. A S.
M.

670,500

1,000

A

J.

607,500
400,000
400,000
216,000
2,100,000
250,000
1,000,000
3,000,000
996,000

1869
1879

N.

Q.-M.
.1.

2,175..500

100

g.

3'<j

341,400
3,692,000
3,847,000
74,024
1,000,000
1,786,200
302,000
1,500,000
350,000

100 Ae.
"33
100
33 •60-'72 100 Ac.
51
1868 200 Ae.
117 1860
1,000
170 1871
1,000
142
100
.50
142 1871
142 185G
1,000
142 1867
1,000
141 1869
1,000
61&64 500 Ac.

2d mortgage

(V. 21, p.

11,243,479
1,104,844
2,701.000
1,342,000
2,000,000
584,000
1,272,000
1,920,950
1,500,000
300,000
089,000
13,938,972
10,428,000
451,000
2,632,000
775,000

55
35
41
144
110
110

. .

—

8*I,T48 better than in 1S73-71.

950,000

50

70

68
7
38
38
82
52
52

C

:10, l-ffs,

7 or 6

666,.500

44

J)aytoH <t Jfi<;*t(7aii— Common stocii
Preferred stock, (8 percent, guar.
H. &D.)
Ist mortgage, sinking fund, Si!30,000 per year

espenses, t56:.7T5;

7
7
7

313,000
217,750
821.000

56
56

Dnnburu <C A'onru/fc—.Stock

(cost $353,910) 1st and

1,000

100

'38
38

iHt, 2d and 3d mortgages
DuneiUe, Haslelon
)rilke.sbarre—lat moit
/fanville, Vrhana, lil'lan it Pekin 1st M., gold
Davenport li SI. Paw/— 1st mortgage, gold
tf-

3

1,350,000

r,()bo

A
A
A
A
A
A
A
A
A
A
A
A
A
A
A

7
7
7g.

487,900
500,000

Payable and by
Vfhom.

'

Boston, Ofllco.

A

7
7

.531,.500

if-

CvnHnnati

500 &c.

1865

—

00 first mortgage
by Lake 9h. A M.

,500 Ac.

'66-'71

Muesawippi st'k, guar, same div. as Conn. Sl Pas8.
bonds, guar. I>y Conn. & Pass
do
Cnmitctifut Oe/ilra/— 1st mortgage for $4(X),0<X)
Oonneeiicvt Rivei Stock
1st mortgage (sinking fund now $148,931).
€»nnectieul Valley— lut_ mortjrage

ending .June

844,000
3,000,000
2,500,000
2,759,200
630,000

1868

—

2d mortgage
:id mortgage
Toledo deiwt

1,000
1,000
1,000

1867
1870
1878

89
587

—Htoek

rf:

1st

228,0(X)

1868
1870

18

mortgage (joliimbns, Chio. & Ind. Central...
(( 'hieaiio A Oreat Eastern)
do
do
(Columnus & Tudianapulis Ceutrul)
a»
(Union & Logausport)
(Toledo, I/Ogansport & Burlington)
do
(Ooluml)us * Ind. 1st and i!d prcf.)
do
do
(Cincinnati i Cliicago Air I,iDe)...
lid mortgage (Coinmhus iSr Indianapolis Central)
(Indiana Ontral)
do
do
(Chicago <k (ireat Eastern construe.)
do
(Columbus, Chicago &. Ind. Central)
Income oonvorti!>l«
do
do
Income (Toledo, I-ogansport & Burlington)..
Coinmhus, SpringJIeld d) Cincinnati 1st mort
Columbus
Xenia —Stock
1st mortgage
<l

,500

1,(K)0

8!)

Igt

Ooneord

1860
1864
1869
1874

1S«2
1867
1873

80

Cot«mbu«, Chicaantl Indiana Ventral

Oonnectieul

100

1,072,300
2,000,000
411,000
1,200,000
11,991,092

1

—

iHimIs

1.000
1,000

in..

Voiorado VetUral^XsX mortgage, eonvertible
OolumftuJt i£ Hoekinq Valley Stock
li;t mortgage, sinking fund l)Onds
Idt mortgage, I-ogau & Straitsville Branch

2d mortgage

1871
1872
1871

pal,

When Wheii

Pay'ble

3
3

!)90,994

199
190
199

4th mortgage (now 1st)
C;oni>oli<lated sinking fiuid mort. for $5,000,000.
ConsU'uction and eiinipnient bonds
it:

429,037
778,<X)0
3.50,000

1873
1857
1870
1870
1871

3,->

/W.—lst mortgage, gold...

Oifxcland. Tunrarairnii Viillnj
ilolehronkdale 1 st mortgage

$-1,005,750

,50

50

"67
«7

l8t uiorlaagts fXtiMidcd
.Sinking nmd,
niottgiige (now 2d)
NllOK ijt New LJs)>oii. IM mortgage

Clti^and, ilLVenion

$.50

1866
1852
1867

2d martgagv

—

any error dUeorerad la thcae Table*.
"Bondt Prt««l"IXTERE8T OB MVIDeaPS.
l>u«.

BOllea of

Mllna
of

Ciiieinnali, SiindKski)

Cintinnali

«( immedUte

.«dl

,500,000

1,400,000
2,000,000
iO.OOO p. m.
2,393,0(K)

1,278,100
1,870,000
441,000
356,000
105,500

A

Conneclimf C«n^ra/.— Leased to Connecticut Val-

Read
Colebrookdale.—IjeaKei to Philadelphia
No dividends paid on stock.
Colorado Cmtral.—Ba\H by Union Paciflc, which
holds the bonds, $3,270,593 in all. (V. 21, p. 85; V.

Cmnecticiil Hirer.— ffet earnings 1373-4. $21)0,087'
Surplus account OctobeS 1, 1871", $518,089. (V. »,

22, p. 61.)

p. 61.)

jng.

lolitmbug

it

nocking Valley.— Gron*

eamincfs,

net, t3^8,;}76, aiiainst tS,'J7,077 in 1874.
report V. 20, p. 476; V. 22, p. 350.)

181.5. «8T7.59fl;

See annual
Co'umbus, Cldeago

<C

a consolidation (Dec.

4, 186T).

Indiana Central— "V^iX* was
On January 22. 1869, it

wa« leased by the Pittsburgh Cincinnati
Ix>ui8,

A

guaranteed by Pennsylvania Railroad.

amended

lease

was made

Feb..

1,

St.

An

1870, also guar-

anteed by Pennsylvania Railroad. The flr-t lease
fuaranteed interest on $15,000,000 of first and
5.000,000 of second mortgage bonds, the nmpuded
lease on only $15,821,000 of first and second bonds.
Aug.. '74. default was made on the $5,000,000 seconds.
April 1, 1875, defaulted on t^t mort. 'I'he guarantee
of interest was absolute, but the Pennsylvania Railroad claims that the C. C. .t 1. C. Co. did not fulfil
Bondholders claim that no such failure
all its part.
after bonds had been sold with the guaranty could
Suit is pending agamst
prejudice tlieir rights.
Pennsylvania Railroad. lutcrestou most of tne old
nrior l>otids lias been taken up. Net uarnings. 1S73.
$606,441. (V. 20, p. 29. 61. 140, 162, 241, 323. 355. .382,
426, 593; V. 21, p. 13, 317. 611, 634; V. 82, p. 332.)
Columbus cfc Xenia.— This road is leased to the Littli- Miami Co.. and both roads for 99 years to PittsSt. Louis Co.; the lease is iruaranteed
burg C'inn.

&

t)y Pennsylvinia Railroad, and the terms are 8 per
cent on stock and interest on bonds.
Conwd.— Pays iO per cent a year; net receipts in

1874-5, $310,904.

Conmr'l

it

(V. 20, p.

499.)

Porlsmouth.-heuBei to Concord RR.

at $25,000 per year.
Connecti^jt <t Passumpnc .—\ni\nii\ riniort to
187.5. showed net earnings for year $226,875,
against $272,790 in 1873-4. Div. passed Aug.. 1875.
The new mortgage of $1,500,030 will rctU* prevloot
issues. (V. 21, p. 277.)

June,

ley at a rental covering interest.

(V. 23, p. 209.)

C-m?iectleul Valley. Ilartford to Saybrook- The
is $1,034,600; floating debt, $1,177,0W;
Ac, $3,83:1,819. (Vol. 21, p. 684.)

stock paid

cost of road,

Connecticut
295; interest,

irw^fm.— Net earnln« 1874-5, S184,Ac, $221,296. (V. 21, p. 61 1 .)

Connecting.— Longed to PliiladelphI* A Trenton,
and operated by Pennsylvania; terms, 6 per cent on
$1,2:8,300 stock, and interest ou the bonds.

Cvmberland <t /'enn^y/iiaafd.— Owned and operated by Consolidation Coal Company, which gnaiantecs second mortgage. Stock $1,500,000.
Cumberland VaUey.-TXxc stock is owned In largo
part by Ptnnsylvania Railroad Co. Net earnings,
year ending Sept. 30, 187-?. $360,594. Large advances
iiave been made to branch roads. This companr
paid9|)er cent in 1871,5 in 1372, nothing In 1878,
but resumed iu 1874, and declared B per cent.
October, and semi-annually since.

DanrlUe

Ilazleton ct

ipytwdarw.— Leased. March,

Pennsylvania Railroad for 83 years. The
1874. were purchased by Ponnsylvania Railroad. In dcfanlt, April, 1875. (V. »,
1872. to

coupons due October,
p. 33S, 476, 500. 570.)

—

Thte la
Danrl'le Vrb-">a, Ji'oominglon <t FeMn
a part of the Indianaiwlis Bloomin([ton A Western..

now

in default.

See

1.

B.

A W.

I)avenp-n-t Jk St. Paul.—So\i in foreclosure. Harek
rV. 20. p. 61. SIS, -WS; V. 21, p. 441. 670.
2, 187B.
612; V. '23, p. 87. -isi, 305.)
Dayton <t Michigan.— hetafA in porpettdty to CinDayton for annual interest on
cinnati, Hamilton
bonds. Dividends of 3X per year are gnanuilond bv
D. on common stock. (V, 31, p. 6S.>
C. H.

A

A

.
.

:

RAILROAD STOCKS AND BONDS.

XVUl

T

"

"

[April 29, 187tf.

a creat favor by kItIiik ImmaAIate noUee of any error dUcoverod In these Tables.
7>o?i(/.v— PrindINTEREST OR DIVIDENDS.
pal. When Due,
Miles Date Size, or
Amount Rate per When Where Payable, and by| atniks-liml,
of
Par
tVr explanation of ooliinin beadincs, &<s., seu notes of
Payable
Whom.
Dividend.
Road. Bonds Value. Outstanding Cent.
at tlio head of first page of tallies.
Sabserlbera

ivll| oonfter

DESCRIPTION.

I

I

I
I

Dayton

<f

Tre«/«rn— Igt M., guar.

JMaware Railrwtd—Stock

36

ImM.&C.&X..

Kjctenalon mortgage
Btatc loan
Mortgage l)onds. oonvertlWe, guar. P.

1865

$1,000

llOHj
13 1859

50

Ilmtiid

it:

'

25
106
118

do
2d mortgage
do
Denver rafiflc— lax mortgage, gold, laud grant..
Denver <* Rio Orantle— 1st niort., gold, sink. fd.
De* Moines tt Fort Dod j/e— Ist mortgage, cciupon
Detroit, F.el nicer it /«.— Ist mort., coup, or reg.
2d mortgage
Detroit, banging <« Lake Mieh.—lat mortgage
let mortgage, on branches
2d mortgage, on main road
Ionia &. Ljuising, 1st mort., coup., may be reg..
do
do
2d mortgage
do
Milieaukee—lgt mortgage bonds
Detroit
2d mortgage, April 28, 1856
Ist funded coupons, Nov. 15,1860
2d funded coupons, Nov. 13, 1836
Bonds of June 30, 1866 (conditional)
.

87
94

.

.

94
164
23
164
59
59

190

<£•

Sterling (Oak, & Otta. RR.) Oct. 1, 1853, gold..
Dollar (Oak. & Otta, RK.) bonds, Oct, 1, 1853....
Ist mort. (Detroit & Pontiac RR.), April 1, 1851.
3d mortgage (Detroit & Pontiac RR.), Feb. 1854.
2d mortgage, (Detroit & Pontiac RR.). Jan. 1853.
Bonds of Sept. 1, 1866, (Limit $300,000)
Bonds & mortgage on Detroit real estate
Dttftuyue <t Siniu: Citu—Stock
iBt mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Southtrestern—lut mort., pref., sink, fd
Ist mortgage, Oct. 1, 1863
Dunkirk, Allegh.Valley <t Pittsburg— lat mort., gold

—

rf Coiumbia
1st mortgage
£ttst Tennessee, Virginia *£ Georgia

—Stock

1st mortgage sinking fund lionds
^etTeim. & Georgia ($85,000 are endorsed)

.

do
do
new
Bast Tennessc and Virginia (endorsed)
2d mortgage to U. 8. Government
Mast Pennsylvania —Stock
Ist mortgage
Eastern Shore, (Jfd.)— Ist mortgage, convertible.
2d mortgage, convertible
Eastern {Mass.} —Stock
Essex RR. bonds, Sept. 1856
Ten Year Notes due 1885, April 1865
Bonds due 1888, March, 1868 to 1869
do
1889, May 1869
Ten Year Notes

"50

1863
1863
1870
1868
50-'56

1866
1856

1,300,000

398,900
417,300
2,457,000
3,024,500
2,200,000
2,064,000

1,000
1,000

100 .fee.
100 Ac.
lOO&c.
100

laVe
1865
'68-'69

1874

nm

459
459

—

,

Leased to Little Miami, and

&

St. L.

.\boiit |i90,00n of

old 9xt. mortg. bonils of 1881, are yet out, which
will be retired shortly.

Delaware <t Sound Srook.—Thh is pirt of the
new route between New Yoik and Philadelphia. (V.
ffi, p. 809, 257.)

Delaware Laekatmnna

&

ir«s/«-n..— The

gangc

of road narrowed in March, I8'6.
The company's operatioufl cousmt in large part of coal
mimng and transportation, and no annnal reiiort
Js issued except the statistics required bv the State
Of Pennsylvania. The Morris & Essex Railroad is
leased and some of its bonds guaranteed. From
the last annual report pnblishid in Chronicle (V.
81, p. 84), the following comparison is taken:
Gross
Net
Stock and
Earnings.
Earnings.
Debt.
J8r4
$5,347, Til
$3/i44,(t:«
f3»)..W5,2.37
ISra
6,248,465
8,369,818
35,775,769

MJS

1871
1870...

—(V.

51,000
1.50,000

250,000
100,000
110,000
103,266
5,000,000
296,000
586,000
81,!500
4.50,000

3,200,000
2,500,000
1,968,274
2,999,000
730,000
135,000
147,000
190,000
1,369,200

495,900
400,000
200,000
4,997,600
194,400
160,000

12,076,000
14.400,000
10,000,000
1,998,400
291,700

1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873

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

500
100
100

,500 *c.

100 &c.

50

100 &c.
100 Ac

92..300

4,746,678
.3,35.484
4,10fi,22i

2.709.500
19,C,31,5(5
], 549,743
25,922,768
1,240,513
24,766,«0
20, p. 85; V. 22, p. 2S2.)

New York

Odice

1895

1,

March

do
do
do
do

do
do
do
do

July

April 20, 1870

.

.

.

,

4
3
7
6
6

J.

a" J. Phila.,byP. AR. RR.

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

3
6
6

6
6
7

O.
J.
J.

O.
S.

N.
S.

6g. M. a's.

7

J.
J.

5

A.

A
A
A
A
A

1
3I2

J.

a" J.

7

2I3
31a

M.
M.

M.
M.
M.

7
7

7
7
7
7
7

A.
J.
J.
J.

6

g.

M.
M.

7
7

g.
g.

J.

1%
7
7

A
A
A
A
A
A
A
A
A
A

N.
N.
J.
J.

O.

N.
8.
8.

O.

D.
J.

D.
8.
8.

D.
Q.-J.

Q.-M.
J.

A.

A
A

1876
1888
1880
do
do
1886
Boston, Co.'s Office.
JiUy l,j, 1873
do
do
Sept., 1876
do
do
April, 1885
do
do
Mar.. 188S
do
do
May. 1889
do
do
1882
do
do
1892
I>ondon, Baring Bros.
Mar. 1, 1893
New York Agencv.
Nov. 1, 1884
Phila., Penu. R. R. Co.
May, 1876
do
do
Jan., 1876
Phila.,Penn.Life Ins.Co, Jan. 1, 1880
Phila., Penn. R. R. Co.
Oct. 1, 2862
N. Y., Co.'s office.
Oct. 1, lf<73
do
do
Oct. 1, 1873
do
do
May 1, 1897
do
do
Sept. 1, 1879
do
do
Mar. 1. 1883
do
do
Oct. 1, 1880
do
do
June-l, 1888
do
do
Julv 1, 1891
do
do
Jan., 1893
London.
Sept. 1, 1875
New York and Loudon Sept. 1, 1920
London.
Mar. 2. 1894
do
Jan. 1. 1903
N. Y., Union Trust Co. Mch. 10, 1876
do
do
July 1, 1882
do
do
Aprill, 1890

A

Jan.

Mar.

S.
Phlla., P.
R. office.
J. Phila., Girard Nat. B'k.

7

&

Ed

A

Jan. 1, 1005
Jan. 1, 1876
Jan. 1, 1880
July. 1876

1, 1881
June, 1892
March, 1885
April 15, 1880
A. A O.
7g. M. A N N. \'., Bk. of f :oiiinu"ree. May 1, 1890
Nov. 1, 1900
M. A N. N. Y., Rutten & Bonn
Jan. 1, 1904
New York.
J. & J.
8
J. A J N. Y., Mercantile Bank.' June 1, 1891
Feb. 1, 1888
7
M. A N.
do
do
April 1, 1896
A. A O
8
Boston, Co.'s office,
8
do
Dec. 1, 1807
J. A D.
do
8
Feb. 1, 1803
F. A A.
do
do
do
Julyl, 1889 ,
8
do
J. A J.
ilo
May 1, 1880
8
M. AN.
do
M. AN. N.Y.,M.K.Je8up,P. A Co. Nov. 1, 1880
7
8
M. A N.
do
May 1.5, 1875
do
7
do
May 15, 1876
J. A J.
do
do
May, 1875
7
M. A N.
do
6& 7 J. A J. New York A Detroit. July 1, 1886
M. A N New York A London. Nov. 15, 1878
M. A N. N.Y^.,M.K. Je»up,P.A Co. Nov. 15, 1878
7
A. A O.
do
do
April 1, 1878
F. A A.
do
do
Feb. 15, 1886
8
do
Jan. 1, 1878
7
J. A J
do
M. A S.
7
do
do
Sept.,1 1886
Various
10
Detroit office.
Various.
A. A O N.Y.,M.K.Je8up,P. A Co. Apr. 1.5. 1876
3
7
J. A J.
do
do
1883
7
J. A J
do
do
1894
7
J. A J. N.Y.,M.K.Josup,P.A Co.
July, 188S
7
A. A O.
do
do
Oct., 1883
Jime, 190O
7g. J. A D. N.Y., N.Y. Cent. A Hud.
IN.Y.,
J.
Brown
Bros.
7
J. A
A Co. Jan. 1. 190R
3
A. A O. N. Y., R. T. Wilson A Co. Aprill, 1876
7
J. A J. N. Y., Gallatin Nat'l B'k July 1, 1900
(i
J. A J. N.Y.,R.T.WU8iraACo.
1880 to 1886
6
J. A J.
do
do
Julv 1, 1876
6
M. A N.
do
do
May 1, 1880

7
7

J.

O.

Jan.
Apl.

Iri,

1,
1,
1.

;

ated on

Detroit Lansing <ft Lake itichigan.—The report
1815 is given briefly in the Chuonici.e. Vol.
on p. 399, showing gro.^s earnings of $739,704,
net. $210,896. Coupons on 1st mort. paid half incash
and half in pref. stock; coupons of 1.
L. bonds
paid in cash. (V. 19, p. 376.)

Eastern (/)/«««.). —Leases Eastern in N, II. withstock of «492..t00. Lea.sed Portland Saco A P. at 10
per cent, but 6 accepted by P. S. & P. for 1876 and

22,

A

—

Detroit <fc W/ioaukee. Tills road was operated by
the Great Western of Canada, b'lt defaulted in 1873.
and negotiations are now pending for f-ettling the
debt. Of the bonds of .June, 1866. $l,aie.nooiireinthe
bauds of the Merchants' Bank of Canada, redeemable *1CO,000 pcrycar. The Detroit & Pontiac interest has been paid in whole or in parr, and it is not
proposed to fund coupons on those or Oaki.
O.
bondfc. (V. 19, p. 118, 271..3.10; V. 20, p. 242. 311,
:l.'i7.
383, 600; V. 81, 180; V. i2, p. 110, S09, SSI,

&

;.«9.)

Dubvque

&

tral, in 1H67,
ings first ten

Sioux (7t<y.—Leased to Illinois Cenfor 29 years, at 85 per cent of grogs earnyears, and :16 afterwards. In 1874 gross

earnings were

$1,0«7,'592.

Dvlmgue Southwestern— Var^cv
la.— Gross earnings,

l«-4,

to Cedar Rapids,
$117,107— $5,80 below

ow» account since December. 1869.
ons for $216,000 overdue. (V. 82. p. 497.)

,

Detroit
River
lUinots.— To be sold in foreclosure. (V. 42, p. 305.)
f.ir

—

J)«i(»»a«
lycaeed by Philadelphia Wilmington
Baltimore Railroad for .30 per cent of gross earnings. In 1874-5 gross earnings were $510,094, and
set receipts therefrom, 815.3,028.

A

1.50,866

1,000
1,000
1,000

1,000

82J2
811a 1862
8113 1865

Srie it Pittsburg Stock
let mortgage, convertible into consolid. mort
2d mortgage, c<mvertih1e

770,000
81,000
2,500,000
1,000,000
628,525
377,115
1,702,316

4,4.57,714

1860
1863

959

'

1,3.59,000

£200

1,000

50
50

78
78
78

.5(.)0,(X)0

3,219,000
575,000

1,000

'73-'74

J. N. Y., Am. E.\ch. N. B'k
J.
Dover, Co.'s Otlicc.
J. Phlln.,(}lrard Nat. Bank
J. Oftice P., W.
B. RR.
J. Phil., Fld'lity I.T.&.S.Co

Q.-J.
M. A S.
A D.
M. A 8.

7

1,000,000
500,000
3,516,000
1,000,000
3,000,000
2,000,000
500,000
500,000
1,000,000
570,000
78,000,000
8,536,910
2,483,000
2,174,000
4,852,000
2,937,000
709,500
182,600
3,000,000

1869
1872
1873

,

We-gt^rn..

ibo

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

"so
1858
1860
1866

212

1,000

100
500
500 &c.
500

J.
J,
J.

,000,000

lOO&c.
100 &c.

'

1870

36
39
39
114

£rie Railway —Stock, common
Preferred stock (pref. 7 p. c. y 'rly not cumulative)
Ist mortgage (extended in 1867 to 1897)
2d mortgage, convertible (extended tol879)..3d mortgage
4th mortgage, convertible
5th mortgage, convertible
Buffalo Branch Bonds
Ijong Dock Co. mortgage
Sterling lionds, convertible, £1,000,000
ist consolidated mortgage, gold (for $30,000,000)
2d consolidated mortgage, 5-20, (for $40,000,000)
New bonds (debentures) convertible till 1883

Pittsb. Gin.

6

6

500 &c

"36

do sterling, sinking fund
Funding Notes
Mtmira <t Wiltiamsporl—StAid common

Dayton <f
with that to

6

1

&
&
&
A
A

7

3

2."),000,00()
l,(i33,(X)<)

1858
1869
1,000
1870 500 &e.
1874
1,000
1871
1,000
1873
1871
i',6bo
1872
1,000
1873
1,000
1869
1,000
1870
1,000
1855 250 &c.
1856 500 &c.
1860 Various
1863 Various
1866 500 &c.
1853 lOO&c.
1853 500 &c.
1851
1,000
1854
1,000
1853
1,000
1866
1,000

Bonds

Preferred stock
1st mortgage bonds
Income bonds, 999 years to

70,fKX)

650,000

1

1,000

Various

143
100
43
55
55
90
58
270
242
112
112
130

'

Duchess

C&

1856

lioia 1875
W. & B..
Brook— list iiiortgago
ibVi
Delaware, Lackawanna d: WeitUrn— Stock
2d mortgage (Delaware, Lackawanna &. Western) 115 18.56
1872
Bonds (convertible June 1, 1S7.5 to '77)
60 1859
laokawanna & Bloomsb., Ist raort. (exteusian)

J>ela>carc

$01 1,000
1,388.023
100,000

J877.

Company embarrassed 1875,
21. p. 569; V. 42,

Annual report, V.
ing proposal V.
p. 323,
158.)

347, 515, t69.

—

V, 21, p. 347.
p.

IS". Fund-

(V. 20. p. 177, 242

614; V.

22,

p. 4.\
F
•

61,
.

:

V. 21,

87,1357
"v.

Elmira A WiUlamsport.-lx-AteCi in 18'S to Northern Central for 999 years. Rent amounts to $165,000"
per year.
Erie.—yir. H. ,1. Jowett, the pre,<idCTit, was appointed receiver May 26. Negotiation.s for a tMrd
rail and for settlement with bondholders pendingMarch, 18"6. Interest on the first four mortgages
IS paid.
Foreclosure suits were commenced irader
the fifth and consolidated morlgag(-s, lint ia
February. 1876. overdue interest on ."ith mortgage
waspaidbyMailland, Phelps & Co. Thelargo't^osa
earnlrgs ever made were $20,014,606, in 18'^J-3. The
following comparison for four years is from the
conipany's report to N.Y. State Engineer for the
years ending Sept. 30

18T3.

18, pp. 58<, 607; V.
Dunk'rk AUegh. Volley <t Pittsburg.— \ consolidation, Dec. I, 187«. Stock, #!l.:iOO,Ofl(l. Road leased
Denver i^sd/fc— Operated in close connection with and
bonds mostly iKld by New York Central &
Kansas Pacific. Land grant. 1,100,000 acres. In
Hudson.
1974 frf>"s earnings were $310,911; net earnings,
Duchess <£ CoiumMf. To bo sold in foreclosure.
$na,049; total income was $244,28', and interest
piyments, $1%,6(i2. Cost of road and equipment, (V. 20, p. 15; V. 22. p. a-21.)
t«,464,a68. (V. 20, p. 569.)
JSast Tennessee Virginia <ft Oeorgia.—Gcoei> earnDenver <* Itio Grande.— ThU is the principal nar- ings year ending June 30, 1875, were $l,a5«,9e5; exTOw-guage road (three feet) in the ITnited States. penses, $342,464, ami net earnings, $717,522. Annual
The whole line as projected is 815 miles. Earnings report, V. 21, p. i75.
so far have been good.
East Pennsylvania.— 'Le&eeA to Philadelphia &
D4S Moines <t Fort Dodge.— Ttts is part of the Reading sA 7 per cent on stock and bonds. Dividends
are 6 per cent per annum.
Des Moines Vallsv. reorennized aft*.r f recjneare
CBspofMof Jan., 1876, funded, (T, SI, p. «8.)
Boftern Short.— JOTrnvTij leased, but now oper-

21, p. 612.

Coup-

1S74-5
1878-4
1872-3
1871 2

The

Gross

Net

Receipts.
$17,677,740

Earninss.

Rentals, Ac-

$4.l«»,616

$fi..3.il.781

5,0;B,161
6.371,965
5,777,8*1

..021,0»j
3.423,280
2.:«9,445

1»,.'>98,899

20,";9,a07
18.371,888
floating debt Sept.

and Sept.

1874.

Interest,

was
_
$2,552,803

30, 1875. reported at $1,421,641 fV 20
80, p. 61, 85. 141. 45), 477. J2!, 570
V. 21, n.30. 63. 137. 159. 186, 207, 230. 277. 3118 371 393'
441, .591, 612; V. 22, p. 41, 42, 168, 2.33, 281, 305,'e75.)
p.

288;

V.

W-

E>-ie <i Pittsburg.— heaseH 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, $286,787. V. 20,

4*60

p.

....

)

.

RAILROAD STOCKS AND BONDS.

April 2P, 1876.]

K'Mt

Sobacrlber* will confer a

fltror bjr slTinz

iJKscisrPTroN.

Miles

of
headlntrSi Ac, oee notes
Road.
at tlio lioiul uf ttrxt page of tablea.

Fur explaiiution
£rie

of

column

f'itliibitrff—(Conli>iue(l)—
C'onsolldiitdl iiiortKitKe free of State

Date

Size, or

of

Par

Bonda

Value,

1808

$1,000

1800
1809
inua
1807
1852
1854
1800
1870
1873

1,600

Slia

tax

Crawfonhc. — iHt in., Ev. «fc 111.,
t
miiit., Kinliiiij,' fiiml (EvansvlUo to Tcrre H,)

£ean«p.

e£

fl.

Roi'k villo pxti'iisioii
EmiimMi'-, Terrr. Hinite
2(1 mortsaj^c, ^old

.

C'Aic.— lat uiort., gold

<t

Fitchburg—fitwk
Bonds, loiipims ($4,000,000 authorized)
^int rf Fere Marquette Stook
^
Consolidated miirtxuKe, sinking fund
1st lu. on yOm., '.^d on 40: I. kt. 153,000 a<\, Hd d.
lat mort., land arrant .l.^t^.OOO acres, 3d div
Flint & Holly RU. (sink's fund $25,000 per year).

—

Bay City, E. Haitinaw, 1st niort., guar by lessees.
Bay County, Issued in aid, guar by lessees
Const met ion bontls
Holly, Wayne it Monroe, 1st mort., sinking fund.

"

hV)

58

INTEREST OB DIVIDENUB.
When [Where Parable, aDd

Amount

Rate per
OiitHtanding
Cent.

Payable

Bond0—yTim3
When IM^

pul.

by

tlloeks—lM»t

\vhom.

liivldeud.

49
88
51

109
23
55
55
04

50<) ivc

(iO

190
17
13

301,0<K)

1,000

010,000
1 47,000
775,000
325,000
4,000,000
500,000
3,298,200
2,425,000
35,000

500

Ac.

1,000
1,0<X)

100

1874
233
233

2,00<),(K>0

1,000

100
1872
1806
1868
1868
1887

I'.oik)

1,000
5(K) Ac.
500 Ac.

500

if

Cent.

N.

— Istmort. (Fl. &N. 8.).

65
58

8.)

I., 1st mortgage
do
do E.xteuslon Ist mortgage
Fonda. Johnstown <£ GlopersniUe 1st mortgage
Fort Wayne, Jackson rf Saginaw — 1st mort., coup..
3d mort. and eiiuipment bonds, coupon

Central of L.

—

Fort Waf/ne, Mnneie

tt

Cincinnati

— 1st mort., gold.

2d mortgage

Framingham

»C

Lowell— lut mortgage bonds

Oaleeslon, Uarrisb.d: Han /iHtoHio— Istmort, gold..
Oalreston, Houston i£ Hend-. of 1871 Ist mort
Geneva, Ithara <e Athens Istinort., a. f., gold

—

—

10
100
100
109
109
26
82

50
35
232

Georgia Railroad rf Banking Co.—Stock
Bonds, not mortgage
Oilman, Clinton rf Springfield Istmort., gold...
110
110
2d mortgage, gold
335
Grand Rapids rf- Indiana Stock
lat mort., land grant, gold (guar, by Pa. RR)
.335
lat mort., land grant, gold, not guar.'mtcod
335
Income mortgage bimda. for $10,000,000
335
Grand Trunk (6'aHfirf«)— Consolidated atock
1,377
New atock for £10,000,000
Mortgage to Bank of Up. Canada on surplua lands
Equipment mort., lat on all rolling stock

—

—

1871
1869
1870
1872
1873
1870
1869
1871
1809
1871
1871
1873
1872
1870

1,600
5<X)

1,000
.500

do
do

2d

do
conv

1,660

1869
1809
1875

1,000
1,000

1873

«25
£100

Debentures
Mortgage bonds, coupon
do
do
do
do
New bonda, coupon
Green rille dt Columbia— lat mort.,guar.by State
Bonds not guaranteed

652 5»
.

...

.

.

143

Preferred atock (7 p. c. yearly, not cumulative)
Missouri State loan
Ltkud grant mortgage
Bonds 1870, convertible
lat mortgage (Quincy & Palmyra RR)
lat mortgage Kansas City <t Cam. RR.)
Barri^b., J'ortam'th, Ml. Joy d Lane. Stock
(

—

,

—

A

North American.
Defaulted in
1675. A very complete statement of debt, including bonda pledged for loans, in V. 21, p. 31.5. Interest is paid on l8t mortg,i2;e and Bangor & P. (V. 20,
p. 615; V. 21, p. IS, «7, 315, 318, 3»5, 418; V. 3;, p.
874.)

SvanxviMe

<fc

Craiofordsrllle

»l,044.40ti; preferred,

100,000.

—Common

b^t no dividends.

(V. 31, p.

stock

is

Net earnings

The company has pnid

1874-5,
interest regularly,

48 8.)

EmnsVlUe, Terre Ilnute <t C/jioaoo.- In 1874 5net
earnings were $114,089. (V. 21, p. 136.)

operating u.tpenses, $58S,995; net earnTotal land sales to Jan. 1, 1875
or $S 00 per acre. Bills receivable on

$394,990.

$5. 11 5. St'..",

Coupora on
.Ian. 1, 1875, wore $417,864.
conaol. bmiils passed Nov., 1875. (V. 30, p. 408,
land sa'.M

V. -Jl, p. 4HH, 5:11.)
Flushing, NorOi»1iore &. Central. A consolidation
la 1874 of seven companies. Operates Southern of L.
I. There are. in mldition to above, * 35,000 N. Y.
593;

—

A Flushing RU. 78;
$M,000 Whitestonc

North Shore 78; and
Westchester 78. (V. 30, p.

tl49.u;i0

&

383)
Fon/la. .Tohrutown <t (?to»er»liUfa.— Net earnings
187i-3, $45,957.

Bbrt Wayne, ,/ackson <f: Saginaw.— TrafHc guarnntee 40 per cent from Michigan Central. Interest was
;iQ5i.id January, 1874. Gross earnuKjs, )er4, $383,882;
net, $147,309.
(V. IB, p. 385; V. 20, p. 591 V. 23,
;

p. 35 J.)

Fort Wai^ne, ittmcie A r'ir?rinna/i.— Receiver
appointed N'ov-mbcr, 1874. (V. 19, p. 502, 538, 583;
V. 30, p. IS*!.)
Framingham it Lowell. —Leased to Boatnn, Clinton * Fitchliurg; has alio $l.'iO,000 3 per cent bonds.
(V. 16, p. 168.)

10
10
10
8
8

7

7
7

7
7
8
8

,800,000

!«•

500,000
500,000
1,700,000
1,493,000
600,000
4,200,000
545,000
2,000,000
1,000,000
2,800,000
4,000,000
4,000,000

7
«

g.

!«•
7

7g»
8g.
"?'«•

7g.

6

A J. London, Co.'s Office.
A O. London, at Co.'s Office,
do
do
A J.
do
A A.
do
A J
do
do
A J,
do
do
do
A J.
do
AO. London A Montreal,
do
A O
do
& J, London Joint Stock B'k
do
A J.
do
do
A O
do
A O.
do
do
do
da
A D.

7

Columbia, Co. 'a

4g.
6

g.

Varioua.

5

g.

5

g.

1'4
21a

5

6
51a
51a

do

7g.

1863
1870

1,386,000
9,167,700
5.087,224
3,000,000
159,000
4,000,000

15
53
54
54 18.53
26 >2 1853
120
120
74
1869
1873

,500,000

8

F.

1,200,000
1,182,550
700,000
481,000
820,000
1.180,000
100,000
100.000
150,000

10
7

J.
J.
J.
J.

7

If.

1,000

500AC.

100
100

Net earnings

A

,

A.

8

M.

3I0

6

6

Geneva, Tthaca A AUiens. —Consolidation in 1874 of
Geneva & Ithaca snd Ithaca & Athena. In Receiver's
hands, April, 1875. (V. 17, p. 835; V. 20, p. 857.)

Georgia Railroad A Banking Company —The annual report for the last fiscal year, ending April 1,
1815, was published in V. 21, p. 157.
A comparative statement for three years was as follows:
1873-4
$1,571,785

97li,8.30

S8'^,4!>6

646,63«

6IM,3;)1

3.S8,000

838,000

Div. onstk'sSp.c.

1874-5.

$1,381,907
846,097
455,809

In May, 1875, this company, with the Central Ge'-rgia,
purchaseil at foreclosure sale the Western Railroad
of Alabama. (V. 19, p. 347; V. 2_1, p. 395.)

Oilman,

Clinton

July

1,

Oct.

1, IHBO
1, 188t»
1, 1800
I, 1800

Jan.
Mar.
April
July
Jan.

May

1,

1807
1887
1887
1880
1000

Jan.
April

1,
1,

1876
1804

I,

1,
1,

Nov.
Aug.

I,

May, 1002
1, 1887
1, 188H
May 1, 1888
July 1, 1883
Sept. L 1887
Jan. 1, 187a
Jan. 1, loot
May 1, 1889
Jau.

Sept.

1902
1003
1900
1880
Oct., 1881
Oct., 1880
April, 1896
1891
1910
July 1, 1902
July 1, 1800
July 15, 1875
Mar.

May

July
July

1,
1,
1,
1,

yearly to 180O
Sept.,

Jan.,

1900
1892

1890
1899

A

defaulted in 1814, and

Springfield.— This company
is to be sold June 8, 1876.
V. 21,

(V. 19, p. 143, 898, 5*3; V. 3 ), p. 404, 570, 615;
p. 39, 63, 110; V. 2J, p. 375.)

A

Grand Rapids Indiana.— An official description
of bonda was given when thev were put on
the call of the New York \oTk Stock Exchange, In Januarv. 1875, aa follows: $4,000,010
Principil and interest
are "Gnaranteed Bonds.
guaranteed by the Pennsylvania Kiilroad Coinany, and are also a lien' upon the land grant,
S[o. 1 to 4.0 0. $3,020,000 are " Unanaranteed
which are secured by the same
Bonds,''
mortgage as the guaranteed bonds on the en
$^180,000 are "Ex. Lund Grant
tire land grant.
Bonds," beinz a part of the orignal $l,000.''00 unguaranteed bonds, which have from time to time
been redeemed by the operations of the sinking
fnnd. When tho land certltlcatc is detached they
are no longer a lien on the land, but, by the terras of
the trust deed, remain a llist mortgage on the whole
"

A
A
A
A
A
A
A
&

a

April,
Jan.,

1877
1920

Perpetual.
Irr<ideemableIrredeemable.
Irredeemable.
Perpetual.
Oct., 1873
Oct., 187:J

July, 1871,

1878
1877
1878
Dec, 1890
1881 to 188C
J\\\y,

Oct.,
Oct.,

Office,

do
Jan.

J.

1003

1,

Aug., 1870

1884-1887

N. Y., B'k. No. America,

J.

do
do
do
do

O.
S.

A.
J.
J.
J.
J.

April 1, 1881
Mar., ISS.'i
Jan., 1892
Jan., 1892
Jan. 1, 187C

d«
do
do
do

Phila., Co.'a Office,

do

Am.

Nat. B'k

July
Jan.

A

Boston.

April 10.

do

Hartford,

Q.—J.

lt74-5, $310,374. (V. 23, p. 375

1873-3

J.

7

San Anto<>U)—Va prog-

$l(!2.3,4.-;fi

A

J.

v
6

Galteston, Houston A. Henderson.— ^et earnings
18!4, $335,875.
(V. 3J, p. 315.)

Massadins'-tta.
J'lfcAfturj/. -Leases Vermont &
Set earniniia 1874-5, $.391. Cjl; dividends, 8 per cent Tot. gr. eamg's...
tot some years. (V. 21, p. 39, .590.)
Operat'g expenses.
Flint cfc Pere Marq'ielle.—(iro»» earnings 187J, Net earnings
$1,06,3,95.'):

8

632,237

100
100

Galveston, Harrisburg
ress.

7

1870

1853-7

I.)

Bousatonic Stock
Preferred stock
2d mortgage
Bonds of 18H9
Bonds of 1873

$:41,426.

.

—

1st mortgage
Bart/., Prot. <t Fishkill— lat mort. (R.

European

.

iii
69
275
275

7
"8'

1,413,571

Various

New mortgage (for $2,500,000)
thilf, We.it<;rn Texas li Pacific— lat mortgage
Mann ibal <t St. Joseph—Common atock

!«•

£3,425,124
7,500,000
221,190
500.000
500,000
1,200,000
3,218,149
2,327,808
7.166,910
100
4,511,500
£201^ £4,459,309
288,883
1,998,275
*100
127,000
£100
485,000
£100
62,000
£100
1,000,000

1875

'.

A

(1)

do

(

1

1870
1872

2d

Canadi.an debentures (£H,000,000)
Oreat Western Canftrfo)—(Common stock
Preferred 5 per cent, convertible into common.

1,0<)0

100 Ac.
100

7
7

2(K»,000

1,000
1,000

OA"f

100,000
75,000
280,480
1,000,000
800,000
400.000
1,000,000

300,000
1,500,000
500,000

i.odo
1,000

Ist pref. bonds, conv. Into lat pref. stock

2d
3d

Ac

Ac.
100 Ac.

A.

J.

2,1.52,000
400,.500

500

do
do
Postal bonds, &c., aecured by gov't buainesa
do

Ac

J.

7

814,000

£200
1,0(N)

&
N. Y., Union TruHt Co.
A
do
do
Bolton.
M. A
New York.
A. A
Boston, Boeonil N. Bank
J. A
I>oudon.
J. A
N.Y.,Fann,L,'an AT.Co,
M. A
do
do
F. A
do
do
M. A
N.Y.,F»rm.L'onAT.Oo.
J. A
do
do
J. A
Boston OfUce.
A. A
do
M. A N. N.Y., Merch'nta'Ex.B'k
J. A J. N. Y., Mochan. Nat. B'k
M. A 8.
do
do
M. A N.
do
do
J. A J. Newark, N. J., 8av. Ins,
M. A 8.
Now York,
J. A J.
do
J. A J. N.Y.,Mech., Nat. Bank.
M. A N. N.Y., Chathom Nal. Bk.
M. A N.
do
do
M. A 8.
do
do
M. A N.
do
do
J. A J. N. Y., St. Nich. Nat. B'k.
J. A J. N.Y., Farm's. L.AT. Co.
A. A O.
do
do
A. A O.
Beaton, Ofllce.
A. A O.
do
F. A A.
Boat. A Loudon.
J. A J. N. Y.,F. P.JameaACa
J. A J. N. Y., Metrop. Nat. B'k
J. A J. Augu8ta,Ua., RR. Bank
J. A J.
do
do
M. A 8. New York and London
J. A J.
J. A J. N. Y.,Wln«low, L.ACO,
A. A O.
do
do

7

12,103,000
800,(K)0
1 ,000,000
2.00<>,(K)0

:

Ftus/tini/, Xorth-ithore
lid mortgage (Fl. <fe

ings,

anr error diaeovered in tkeee Tablea.

of

rf

Kquipineiit ImukIh
Enrol) n .f .V.Xm.— iHt M., Bivntf'rto Wlnn.,Banic'rrii
lyiiml trnuit iHtmoit. (iil niort. Baiijtor to Wlmi.).
ItiiiiRiirit l'i«™ta(iiil.s, UaiiKor loan, 1st inort);...
\M niorl)tiixi\ NtiM'liiix. on N. BruiiHWiek roiwl
1st

immediate notice

six

Bridgeport

1883
1876

1876

1885
1889
1883

a. Bridgeport and Boston.

do

do

1,
1,

I

--<

and appartenancea. No. 4,001 to 8.000. Com*
pons April and October. Annual report, Y. 21, pk
line

510.

(V.21,

p. 110, 534.)

Grand TVunit (Cawado). — These

figures represent

Jounda sterling. Gross earnings in half vear ending
uly I, 1875, £898.148; expenses, £717,743; net earnings. £175,405. Consolidated debenture atock authorized July 9, 1874. (V. 17, p. 459; V. 19, p. 169,
351, 4-43, 503; V. 20, p. 669; V. 31, p. 440.)
Oreat Western (Canarfa).— These
in

pounds

sterling.

flgt;rea

Company leaaea

arc given

several roads in

Canada, amounting to 156V miles, and the Detroit
& Milwaukee. 189 milea. For the half year ending
Jidy 31, 1875, thu gross receipta were £411,188;
working expenses, £393,7^)3; net earnings, £li,394>
( V. 20, p. 669. V. 31, p. 442, *40.)
GreenvUU A ColunMa.—TYi\» company dcfaolled
several years since, but compromised with ita bondholders.
(See CuKoNicLK, V. 16, p. 220; V. 17, pw
460, 753; V. 30, p. 668; V. 23, p. 110.)
(?«;/, Western Texas <£ Pacijlc—litt earnings
Bond1814-.5, $50,000. Overdue conpona, $312,550.
holders wait.

(V. 80, p.

428.)

A

Hannibal
St. Joseph.— 01 the Missouri State loea
$1,500,000 waa extended for 'JO years. It la stated
that the Co. has $3.50P,roo In land notes, and 90,000
acres yet unsold. A change in the directors took
place Nov., 1875.

No

report has been Issued slBca

(V. 21, p.445, 488; V. 32, p. l.'W, 328.)
Lancaster.—
Harrisbttrg, Porl-mtouth, Mount Jot/
Leased to Pennsylvania Railroad, which owns a
majority of the stock.
1873.

A

Hartford, Providence A Fishk>n.—T\Cia road forma
a part of the proiM»sed !ine of the Boston. Hartford
& Erie. Tlie bonds fell due Jan.. 1876. bnt cltT of
Proxidence declined payment and eult is pondiDg.
(V. 24, p. 87,

3"4.1

,

,

„

/ToiMatonic— Leases Berkshire Railroad, Stockbridge A Pittafleld, and West Stockbridge. Qroaa
earalnga in 1874-B were f»S3,00»; net, $822,178. Tho
mort. bonds due 187^ paid off Nov., "TS.
(V. 2J, p.

232.)

.

..

.

...

RAILROAD STOCKS AND BONDS.

,xx;

Sabaerlbnrs

JIllcs

[

J^r explnnation

nt
of coliiinu iK^adiiiKH, «&c., see uotes
Road.
at tbu head of tlrrtt ]>u^» or tal>lcs.

Souflon

<£ TfJruf Cent.— lnt M.. (iiiaiii)KoUl, I.Kr.a.fiBt mort., Wost div. (Hroiitoiitl tt* Waco)
1 St M., (told, Wa<-o
N"«c«t ( IIi;iiiiistfa<l to Austin)
he reg'd) .
<;oiiKol. iiiort., 1. jjr. (eouimii, but

&

may

.

— lut luort., gold

it Broad Top
2d mortgage. KOld

Jtuntingilitn

.consolidatod
Herip for past due coupoii8
nUnoh rf)i(r«/—Stock
Ui\ inorl+raKc

1851
1864
1875
1874
1871
1869
1870
1872

251
202
202
217

mortgage

Ind., Bloom., & W., ExtouKion, 1st mort., gold
Judiunapolig, C'ineinnnii <£ jAifui/etle Stock
PnferreU stock (issued for funded debt bonds)

—

A

Indianapolis

Funded

do
bonds, coupon

interest

Equipment bonds, registered
Cincinnati & Indiana, Ist mortgage
2d mort gag<s guaranteed
JudiaHapolit <t HI Louis— let mort., in 3 series
2d mortgage
Kquipment bonds
IndiAtiutimlisit Vin««nnc«— Ist
2il

mortgage, guaranteed

mortgage, guar

2.55

&

—

459
184

do
2d mortgage...
Jrrttiy City <e A Ibanu—lut mortgage, gold.
;
Bldgelle'ld Park, (N. J.,) 1st mortgage
Joliei <£ Northern. Indiana — 1st moi'tgage
-Jutwtion, Philadelphia — 1st mortgage
2d mortgage
do

1.59

38
12
44

. .

City, St, Joseph rf Council Bltt^s—dtock,
~
1st mortgage. Council Bluffs * St Joseph.
St. Joseph A, Council Bluffs, Ist mortgage
do
do
convertible
Snsnouri Valley, 1st mort. ($1,000,000 gold)
Kansas City, St. Jo. & C. Bl., consol. mort.
New consolidated mortgage (for $8,000,000)

265
52

. .

78
78

.

130
262

Three year notes

Kansas

500
500

416,(X)0

,383,000
100,707
29.000,000

1873
1873
1862
1867
1869
1870
1871

ioo

i'nriy^r— Stock

673
245
140
253

I'7g.

50
100
500 Ac.

5,668,967
1 ,200,000
1,600,000
2,800,000
1,701,000
469,100
375,000
500,000
1,497,000
2,000,000
1,000,000

1.000
1,000
150 Ac.
500 &o.
1,000
1,000

,500,000

1,000
1,000

1,700.000
1 ,450,000
5,500,000
3,264,000
4,084,000
3,116,000
1 ,843,000
2,960,000
660,000
4,000,000
300,000
2,000,000

100

1,994,,500

,500 &c
1,00*)

397,000
2,439,000
2,000,000
250,000
300,000
800,000
500,000
300,000
2,789,413
500,000
1,400,000

&e,

i',6<k)

1,000
1,000
1,000

300

<&o.

1,000

1,000
1,000
500 Ac.
1,000
1,000
.50

1869
1863
1866

1,000
1,(X)0

1,000

Des Moines — 1st mortgage
Funded interest bonds
£aor ^ Lineoln—i&X mortgage
Jjake Erie d Louisrille—lm mort. ($1,100.000)
.50
Jjoke Shore <£ Miehigan Southern Stock
1181
^:)iiarant«iKl 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon,
864
do
do
do
rceieterert
864
i

—

539,.500
2,.500,00O

887,000
948,000
305,000
20,000,000
6,4(H,000
2.240,000
4,063,000
6,303,000
600,000
170,000
4,275,350

A.
F.
J.

1,0(K)

1.0(M>

10

J.

g.

6
7

7

Interest passed

%VI6,480.

<V.

»!, p.

on 3d mortgage bonds.

ao6.)

Illinois Central.— The company guarantee $6,000.OOO bonds of N. O. also hold $1,842,000 of tlipir
7s, gold, against I. C. .5s above mentioned. The gen;

eral mortgage will retire all otlicr bonds issued or
to be issued. The direct line to New Orleans formed
fa 1873-4 has not yet been as profltablc as
xpected.
Tn 1874 divideiids v^ere rednccd to 8
per cent, The followinj; is a comijarison for four

years:

Tear.
3875

Gross

Net

Earnings.

Earnin^'s.

$7,S02,55«

$'J

Interest,

Ac.

6riM«l

$8«I,(19S

.

it-,

7,900,721

2,r7.5,3i;2

413,610

8,288..325

a,5:)0,8!)ll

Ura

8,080.751

.2,10-3,107

SSVST merly

20, p. 61,

140, 288; V.

81, p. 489;

V.

22, p.

16,256.)
Indiana
April
eatur

<f Illinois Cen/.rai.—'FliU roail was sold
2G. I87d, and re-organize;l as Sprinarfield DeIndiauaiwUs. (V. 2J, p. l(iJ, 42.1, 531 ; V. 21,

&

p. 40.)

—

420.)

1

1873

—<V.

(V. 20, p.

International <C Great Northern ( Texas),— Th\» 's a
consolidation of the International and the Houston
Great Northern. Interest passed and fundin r progressing.
The company had an issue of Texas
bonds granted it, but the grant was repealed and
Ian given instead. (V. 20. p. 136, 2ai, 313, 3S3; annual report. V. ii, p. 398 )
loioa FjUs
Sioux City.— lieaxcH to Illinois Central at 35 per cent, on earninirs.
Dividend 2^' per
cent, Jan. 1, 1876, on $4,035,000 stock.

18M

557,42J

(V. 21,

—

Indianapolis d- Vlncenne^. Is controlled by Penn.
Co through stock ownership, and interest is gnarauteed by Penn. Railroad.
Net earnings In 1S75

were $32,708.

Iron Mountain, Chester dk Eastern.— Th\i< was forthe Chester .& Tamaroa. Bonds are in de-

fault since 1S73, and a receiver
(Vol. 19, p. 520.)

has been apiiointed.

22, p. 158.1

./e;?'«)Son,.— Leased

to the Erie

Railway Company,

IndianapolU, Blooming/on ,( Western Default was
first made July. 1874, and affairs are yet unsettled.

which pays interest on the bonds.

Receiver's certiHcates issued to .\ug. I, '".">, $205,(I0J.
The Danville, Urbana, Blooinington & Pekin is i)art
ofUiisruad. Plan of re-organization. V. 22, p. 110,
<Vol. ao, p. 81. W5: V. 21, p. 245, 277, 348, 39j; V.
3». p. 16, 61, 110, 257, 375.)

,Tefferso'ivllte. Madlfton. <( Indlnnapolis.
Ijcased in
1871 to Pittsburgh, Cincinnall
St. Louis Railroad
for interest and sinking fund of bonds and 7 per
cent, a year on stock. Lease transferred December,
1872, to Pennsylvania Company.
In 1875, net earnings were $468,281. (V. 20, p. 426.)
Jersey City
Albany. Road was in nroyress but
was stopiied in panic of 1873.
Bondholders held
off.
(V. 19, p. 865; V. 21. p. 613.)

laiUanapolis, Cincinnati

pany was

I/ifai/ette.-Thc cnraand lias since
last annual report
Gross earnings, 1874-75,
(V. 20, p. 162, 357; V. »l,
(ft

rc-organl/.ed in June. 1873,

aeen doing a good business.

•M

In V. 21, p. 461.
<l,7)>7,m; net, *670.980.
. J. W;, 277, 465; V. 22, p. 257.)

The

&

&

1895
1901-5
July 1, 1903
Oct., 190'.>
Oct., 1890

1912

.

i

1, 1899
1, 1895
June 1, 189C
1895 to '97
Jan. 1, 1896
Mar. 1, 1876
July 1, 1916
July 1, 1880
Sept., 1886

Aug.

.\prill, 190:;

April 1,

1903

1, 1889
March, 1883
June, 1885
1904
1884

Jan.

April,

Feb.
Feb.

1,
1,
1,
1,

July
July

1892
1876
1876
1900
190O

that total rent must be applied to principal and
interest of bonds; still in litigation. (V. zO, p. 8o»
140.429: V. 21. p. 110)
,Iunetion ( Ph il.^ Owned by connecting companies.
Cost of road $898,321: paid-up stock, $iaj,000.
Kansas City, St. .Toseph
Comvil Bluf.'-ln addition to these, there are also funding b<nid3 of about
$640,000 in different issues, .\nnual report for 1874
in V. 20 p. 475, gives the funding arrangements in
full. Gross earnings in 1874, f l.l.i6.073; net, $4<M,908.
Stock, $2,776,000.
Interest defaulted Sept., 187:}.
(V. 20, p. 475; V. 22, p. 353.)
Kaisas Pacific.— In 1874 net earnings wero
$1.6S5,104, against $l,llii,:il8 in 1S73.
Th^ land
grant is
two trusts, 2,"00,000 acres in the lirst,
from the 1st to tlie .'{80th mile, and 3.000,000 acres in
the second, from 3S9th mil-^ westward. Interest on
income bonds is payable in lands or cash, only ont
of net earnings. I'lie company now pays half the
current interest on its bonds, (except the incomes)
as about four-fifths of bondhoUierg have funded.
An ii^portant settlement with ITnion Pacific made in
May, 1S75. See annual report. V. 21, p. 252. (V.
19, p. 271, 365; V. 80, p. 8, 85, 476, 601, 544; V. 21

—

S

m

p. 466. 613.)

Ja^ttonnUte, Pensvota (6 Mobile.— ThU road is
mortgaged for a like amount of Florida State bonds.
Indefauit and litigation. (V. 19. 0.629; V.21,p. 5i»;

V.

Feb. 1, 187(5
April 1, 1890

A Frankrt. May

Q--J.

p. 395.)

Torre llautc.

N. Y., Ix)nd.
N. Y., Bk of

A A
Commerce
do
do
A D.
Payable •a iDv transportation.
M. A N N. v., Bk of Commerce
M. A S.
do
do
do
do
M. A S.
J. A J N. Y„ Lond. A Franlcf t.
M. A 8.
New York
A. A O.lNew York A Frankfort.
New York,
A. A O.
J. A J. Pliila., Corn Kxch. Bank
M. A S. N. Y., Bank of America.
do
J. A D.
do
A. A O.
New Y'ork Office.
A, A O.
do
do
A. A b.
New York.
F. A A. N. Y., Union Trust Co.
F. A A.
do
do
J. A J.
i See following page,

F.

«

Huntingdon <fe .Broad
*98,ai0. Gross earnings

A

.A N.

6g.

IndianapoUt <t St. Louis.— The stock, $600,000, is
owned by Pennsylvania Co. and C C. C. A I. This
company forms part of the Pennsylvania system, and
leases the St. Louis, Alton

1891

1903
1912
1890
1895
1895

Oot.toJ'ne,74-5

7g.

Bouston <t Texas Central.— GTom earnings in 1875
"were $2,990,053; net earnings, tl,143,9«. Interest
«h«rge, $975,000. Capital, |6,500,000. (V. SO, p. 77,
140; V. 42, p. 888.)
TVy).- Capital stock is $1,in 1875 were t32J,829; net,

Feb.
April

1891

'.,

2.58,720

1,000

Oct.
Oct.

1,
1,
1,
1,
1,
1,
1,

I,.

2,300,000

100
100

July
July
July

.1.

2,395,000
1,092,000
49,466,500
533,500
1,709,000
4.418.000

l",()00

—

'

400,000
844,000
237,000

1,000

When Due.

Last
Dividend.

Storks

A O N. y., Amer. Ex. Bank. April, 1888
do
Feb., 1897
A A.
do
June, 1899
A D,
do
do
M. A 8.
do
do
7
Sept.'78,'80/83:
10
M. A 8.
do
do
Sent. 1, 1883
do
Dec, 1892
7
J. A D
do
7
J. A J.
do
do
Jan. '77, '82, '87
Various N. Y., Winslow,
7
A Co. July 1, 1919
A. A O.
do
do
Oct, 1, 1900
7
8
A J
do
do
July 1, 1881
F. A A. N. Y'. Farm. L. A T. Co.
1908
7
M. A N.
1900
6
do
do
A. A O. N. Y.,NaUonal aty B'k April 1, 1911
do
do
Jan. 1, 190O
7 g. J. A J.
8
F. A A.
do
do
Aug. 1, 1802
8
F. A A.
do
do
Feb., 1904
7
A. A O. N. Y., Nat. Park Bank April 1, 1899
7g. M. AN.
May, 1901
8
J. A J.
New York.
1900
7
J. A J. Honesdale Nat. Biink.
1887 A 1889
7
J. A J. N. Y., by Erie Railroad, Jan. 1, 1889
1^ Q.-F. N. Y., Farm. L. A T. Co, Feb. 1, 1876
M. A N.
do
do
May 1, 1881
A. A O.
do
do
Oct. 1, 190C
7
J. A J
do
July 1, 1910
do
J.
1913
J.
A
%' M. A N.
New York.
May 1, 1912
J. A J. N. Y., Farm. L. A T. Co, JiUy 1, 1874
8
6
Philadelphia Ottiee.
July 1, 1882
J. A J.
A. A O.
do
April 1, 1900
6
do
J. a" J New York and Boston. Jan. 1, 1880
"i'
10
M. A H
do
do
Sept. 1, 1892
do
do
June 1, 1874
8
J. A D.
7A7g. F. A A. N. Y., Farm. U A T. Co. Ang. 1, 1893
M. A 8
do
do
Sept. 1, 1890
fA>. 1, 1898
a
F. A A.
Boston.
7
7

7

1,125,000
600,000

100 Ac,
100 Ac,

1870
1870

7g.

1,,500,000

500 &c.

1873

i>

g.
g.

,706.250

1

1,000
1,000
1.000

.56 J«

rf

4
6

1,-500,000
5,.500,0O0

£200
1,000
1,000
1,000
1,000

394 1865-7
34 1866
1,000
1866
1,000
427 1866 100 &c.
1870 230 <fee.

3d mortgage

eA7
6

100

1871
1873
331s 1873
34 1869
99 18.53
99 1855
163 1874
1874

g.
g.

2.500,000
5,647,000
1 ,955,000
5,000,000

1,000
1,000
1,000

1866
1867
1869
1868
1870
1873

7
1

367,500

2,.50O,00O

1870
1867
1869
1862
1866
1870
1873
1872

J.
J.

g.
g.

8

1

1,000

1871
1872
1872
1874
1869

.).

7
7

i;200

500

Jf«nY/s— Principal,

by

A J. N. Y., Nafl. City Bank.
A J.
do
do
do
do
A J.
A. & O.
do
do
A. A O. Philadelphia, Office.
do
F. A A.
<lo
do
A. A O.
<lo
do
do
F. AA.
N. Y., Co.'s Ottiee.
A. A O.
N.Y..Co.'» Office.
\. A O.
Liuidon.
Various Ijondon, Morton R.A Co.
J. A J.
N. Y. or lyondon.
A. A O. N. Y., Turner Brothers.
J. A J.
ilo
do
J. A J.
do
do

7 g.

.500 &o.

1871-i

l8t M., 394th to 639th mile. I'd gr., 3,000,000 ac's
iBt mort., gold, coup., on 140 miles west Mo. Riv.
let mort., gold, 140th to 393d mile
ad mort (to U. S. Gov.) on 394m. west Mo. Kiver.
Jet mort., coup., (Ijcavenwortli Branch)
I.«nd gr. mort. (Durant), coup., on 1 ,000,000 acres
Ineome bonds, coupon, 3d mortgage on 427 miles.
iBt 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. & Fort K., Ist raort., gold, land gr., guar
Kent County, (Md-i—lst mortgage lionds
St.ntMcky Central— 'i(\ mctgage.
JKeoktik

l,tK)0

940,000
2,864,000

4l8

Mansas

.

3,305,000

41

250
9
38
226
86
159

.

.

•

,000
1,000

1,000

186)»

117
117
439
204

—

inlernalionai d-. Great Northern (^>nsol. stock
Iut«rnational, Ist mortgage, gold
Houston <fc Great Northern, 1st mortgage, gold...
Int.
U. & U. N. convertible bonds
do
do
2d mort., (e.xch'ble for convert.)
lovoa falls <f Sioux Cilg—lr^t mort., April 1, '69.
Iron Xouulaiu. Vhesterd- K.— 1st mortgage, gold.
JttCksomr., rens.d: Mob. Florida State bonds, gold.
-teffersoi). ( Pa.)— l»t & 2d morts. (Haw ley Branch)
Ist mortgage (Susfiuehanna to Carhondale)
JeWfrtanrilU, Madison d: Indianapolis— Htock ...
lodianapolis 6c Madison. 1st mortgage
Jefferson ville, Madison & Ind., 1st mortgage.

$6,227,(M)0

1

1865

1.54

20
20
71
71

1

„„,,. ,„..

18.54
18.57

174

90

& Lafayette

do

do

INTEREST OR DIVIDENDS,
When Where Payable and
0ut8taudingP^'}''f„r
Cent.
Pay'ble
Whom.
I

Amount

$1,000

1870
1873
1872

1875
1838
1867

. .

Cincinnati of 1858

ludianapoUs, Cincinnati

Bonds Value.

707

iKt and 'Jd «cri08
luortwijrc, sterling, (for $15,000,000)....
Bte-rting bondt4, Kinking fund

I

^L"'
P!"^

of

1.866

Kedeiuption,

Jtuliana <f lUiimit Ctiilrnl—IM uiort., gold
Jndiannjmlui, lUoomington <t Wc»t.—l»t mort., gold.

Date

343
118
47
461
58
58
58

Oenoral

!2d

29, 1876.

il

confer a great lavor by kIv^'hk tmmedtate notice of anr error discovered In tbese Tables.

ivlll

DE8CKIPTION.

,

[Ap

(V. 14, p. 628.)

—

—

Joliet <t Northern //ufiana.— Mich. Central offered
to extend with a 6 per cent, bond, but court decided

Kent Co.— This road was completed in
defaulted in

&

187:i.

No recent information

Kentucky Central.
Lexington.

— Tliis

(V. 20, p.

1872, tint

received.

was formerly Covington

.500;

V.21, p.

.39.)

Keokuk it Ossjfoin**.— Formerly East. Div. of De»
M. Valley. Int. on first mort. is funded to April,
1876, except on $463.iX)0 bonds reserved by Co. t»
be sold. The stock is $1,524,000 prcf. and $i,400,000
common. In year 1874-5 gross earnings were
$757.381 ; net, $iW2,868.

(V. 19, p. 83,58;); V. 30, p.

620.)

Knox &

ijn«).'n.— .Annual report, V. 25, p. 304.
Lak^ Erie d; IjOuisciUe.—Th\^ road was a reorganization, and has been financiallv cmbarrai'sed. TTicre
is a second mortgage of $590.0(X).
So<^ V. 19, p. 386.
Lake Sliore <fc Miehiqan Southtrn.— The ann-naX report for 1874 was published in the Curoniclb, V. SO,
p. 451, and report to June 30, 1873, in V.21. p.
252. Other reports, V. 22, p. 41, 61.
Tti
'

:

,

BAILROAD STOCKS AND BONDS

April 29, 1876.]
^nbaorlbers

• sr«at

ivl|l ooafisr

fitTor bjr ciTiac Inukiedlate

DESCRIPTION.

Miles

Date

Slz<^,

or

BMIce or any error dIaooTorad In
INTEREST OR DIVIDENDH.

Amount Rate per When Where Payable,
Fur axplauutiou ot column UoivdiiiKH. &c., (tea nut«»
of
of
Par
and by
at the heud of ttrnt puKO or tabluH.
Road. Bonds. Value. Outstanding Cool. Payable
Whom.
Lake

Mirhiyttn Soutfient—fC'ontiri'Hctt.J—
•_'(i nionKaftc, do. (for $'_'r>,000,00()) coup, imil Tf/f.
liicoirio btmdH (H. f. .$t>OU,(HK> per yr.) ooup. or reg.

8U4

.MorUMKd

sii'-i

Ijoud.sof Oct.. IsUi), Hiiikiiie
iSc

fund

N, I

iiioitj,'a!,'o

(C,

& A.

1'.

EU.) rcgietorod bonds

do

iSi

Erie,

do
do
Kalamazoo

& Wliito

Hcluioleraft

A;

Pigeon
Tbrco River

1807
1860
1855
1806
1862
1866
1868
1860
1867
1867
1868

1,000
1,000
1,000
5t)0 &c.
1,000
1,000
1,000
1,000
500 &0.

150

,s.f.,

22
17
345
33
10
15
202
171
200

oonv

KaiiHasC. & Santa Fe, 1st mort., guar
Houtboru Kansas, Ist mort., guar
LeAi^ft
LacfcitwanHa—l8t mortgage
Lehigh V'a//<;v—Stock, common and pref
1st mortg.ige, coupon and registered
'2d mortgage, regiKtered
(icn. mort., gold. $ & £ (s. fd. 1 p.e. y'ly) coup. &i-og.
Delano Luud Company bonds, endorsed
if:

—

Miami Stock, common
1st mortgage
Street connect tii>n bonds
Little Rock rf: fort Urn i//i—New stock
1st M., Id gr't (7.50,000 acs)s.fund (for $3,000,000)
IdWe Hock, I'ine Bluff <t N. O.— Ist mortmige
LUUe Schuj/tk ill—Sitoci.
Ist mortgage, sinking fund
hogansp'l, Orawfordte. <t S. W. of /i«i.— Ist mort., g.

81

1,(K)0

70
31
31
92

18.59

1863
1869
1869
1872

94

921,000
1,000,000
1

1,593,0<X>

819,000
200,000
300,(K)0
2,S.50.00(J
•ioo,(xx)

100,000
KKl.OOO
840,000
610,000
460,000

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

i85'3

1,000
1,000

Smithtown

Port .leaersou
Louisoille, Oineinnaliii LexlngUnt^t.oe\i
Preferr»«J 9 per cent stock

Bonds

to State

LouiSTlUe, Cincinnati

do

do

ifc

Lexington, Ist mort

Hlorku—ttrnx,

Dividend.

Louitc, tr. A.U>. it St.
LouitoiUe it .ViwAriUe— Stock
Ist mortgage on
Louisville loan

main stem

Lebanon bniuch,
Lebanon branch,

Louisville loan
1st niortgaue
extension, I.«ui8 vilie loan

do

(i,000,000

Consolidated Ist mortgage for $8,000,000
ad mortgage, bondn, gold
Memphis *fc Ohio, 1st mort., sterling, guar

1,900,000
750,000
2,646,100
723.500
1,.500,000
3,300,000
1,175,000
175,000
150,000
150,000

50

500 &c
100 &e
50
500

1870
1868

Memphis & Clarksville br., Ist mort.,
Louisville, Paducah d S.W. — 1st mort

sterling

it

.500

1,000

20
77
77

A ugusla— 1st mortgage

2d mort., endorsed by Oeorgia Railroad
Macon it Brunswick Ist mort., State endors
2d mortgage
Equipment bonds
Uaaisun it I'ortgage—lst mort., gold
Matne Central— Stock
Maine Central interest scrip
Ist mortgage, consolidated

—

"39

337
33
337

:

187.5.

1871.

1856
18«3
1863
1868

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

1871
1872
1870

£200

187:1.

Miles
1,175
1,175
1,175
Gross earnings.. $14,431,198 $17,14«,13« $19,4»,5jO

1869

1870

5,667,910
50,000,000

Capital stock

.'50,000,000

37,771,0(10

:i8.0.S5,()00

38,.'!73,42l

Fioatiu'' debt

closure plan V. 22. p. 111. (V. 20, p. 80, 140, 383; V.
21, p. .172, 570; V. 22, p. 233.)
ii(i)r«;j«.— Lea.sed to Pittsburg, Fort Wayne
Chica<^> at 40 \kx cent on gross camiogs.
Lease
transferred to Pennsylvania Company. Net earnings, 1875, »M,177.
Sinking fund has $10,000 bonds.
<V. 20. p. 42.i.)
teMcenwort.h., iMwrencf. ifc Gaira<to«.— Defaulted
on Interest Jnly, 1S73. (V. 19, p. 39; V. 2U, p. 1.0,
168, 261), 5-21; V. 21, p. 1.37, 591.)

&

<fc

Laekcwann/i.

New Jersey as a coal

—Operated

by Central of

road.

—

Lehigh Valley. This company's earnings are
chiefly from anthracite coal. The gross receipts in
year ending Nov. 80, 1875, were $6,01(1,495; net,
$'2,783,633: ill 1874— ?ro88. t6,7.59,:i91; net, »3,287,97'.'.
After intcrcM and ilividiuds, tliere was a dcHcit in
1874-5 of $9:i,f'rj3. The company's report gives no
details of ttie construction account, nor of the
miscellaneous investments. The
Amboy branch was compleicd Jnne, 1875, and
,499,867 had been >pcnt on it to December, 1875.
comparative statement for three years Is as

cost or value of

f

ivHows

t

its

18M«;
IHH'J
188<;

O.

J

CO

C s

April

1,

July

I,

1,

<]c

Kept.

ds
&.
&.

=

April 1, 18UK
Jan. 1, 181K>
July, 1887

&

15

it.

&
&
&

O

^^

July, 1887
July, 188K
Oct. 1
1875

J.

,

N

Y.,

D.

&
&
&

Bost(W.

J.

<;o.

J.

8

A.

4

P.

&"a.

7
6
6
7
6

J.

N. Y.,

Bank of America.

do

1,

April,
Jan.,
Oct.,

June, 1869
July,

Ix>uiHvllle.
J.
J.
J.

1805
1900
1870
1877
Aug., 1000
1873
July, 1898
180O
180»

Julr

Union Tmst

Philadelphia Office.

J.

7

A.

1,680,500

loii &c.

188.'.

do

O. N. Y., J. B. Alexander.

1873

Jaii„"i8Sl
Jao.,
April,

1807
1000

Ang. lV"l873

Ix)nls%-tH«.

1673^.

1874-3.

A

INirtland.
O. Bost., Nat. B'k Com'rce.

stoeli for

some

years, defaulted

on

April

1,

1912

interest 18T»-J.

Receiver took possession in September, 1874. See
his report to December. 1675, in V. 22. p. 181. (V. W,
p.351 V. 20. p. 212, 333; V. 31, p. 277, 395; V. 22, p. 181
;

352.)

.5ii.oa),o(>)

Lake Superior «fc .Ifi^^w^i/yw'.— Formerly leased to
Northern I'acilie. Land grant, 1.6B,000 acres. Fore-

3,620,120

Not cammgs

Net earnings....
Stock

418.)

1.50,00()
<i()0,000

100

ISICJ
IH9)>

I,

A J. N. Y., Drexel, M. A Co. Jan. 1, 1875-'e
do
do
1806 to 1887
A. A O.
do
1886
M. & N.
do
IjOulsviUe.
Nov., 1880-'85
M. & N.
do
Oct, 15, 1893
A. A O.
April, 1808
A. A O. N. Y., Drexel, M. A Co.
7
Nov. 1, 1883
^'- M. A N.
Dec., 1001
J. & D. Ijondon, Baring Bros.
do
do
Aug,, 1002
6 g. F. A A.
New York.
Meb. 1, 180O
M. & 8.
8
Philadelphia.
May, 1876
Q.-F.
21s
1887
J. A J. N.Y.,M.K. Jesup.P.ACo,
7
do
1879
do
7
J. A J.
Various N.Y., .M.K.Jesiip.P.ACo 1887 to 1900
7
1880
do
do
A. A O.
7
1870
A. & O.
7
Oct., 1890
New York.
7g. A. & O.

1,100,000

1,000

187-J-3.

13,74«,5M

earninj^s for last half
of 1875, on which the dividend wa.sdeclHfed .January,
1876, showed surplu.s over interest of $1,07.5.000. The
2d general mortgage for $45,000,000 was created to
pay floating debt anil bonds of Vt»i with $1-2,000,000
and balance to be licld for improvements. (V. 19,
p. 315; V. '20, p. 16, 85, 140, 451; V. '.il, p. 9, 25-2,

<&c.
&(>.

1,
1.

&
A
A
A

Coal (tons) moved.
4,150,660 8.277,527
Gross oaruinga
$6,710,585 $6,7.59,391 $ti,ni6,495
Operating expenses.. 3,884,860 3,471,418 3,282,861

Total debt

—The company's ptat<fment of

600,000
400,000
370,000
2,.500,000

Oct.
April

A. &. O. N. Y.,

49(i,892

1872

]0,5i;,.5i)0

3,904,697

3,0<X),000

100

500

Operat'g exp'cB.

I1,152,:171
5,99:1,759

1,000

1,

Mar. 1885
1, 1877
1, 187U
Jan. 1. IHHO
July

J.

7k.

7,109,0«X)

1,000
1.000

iiiii?

18M2
187".>

J.

7

6
6

849,000
225,000
88,000
333,000
2,000,000
3.500,000
2,369,710

100:i

1.

O.
O.

3>9

4>a

881,000

1.

Nov.
Aug.

C/ li£i

3

1.129,000
8,988,301
113,000

i;200

197»3 67-'70 500
197'a 1869 500

foliowiug shows a summary of the ligimjs for each
of the calendar years named

Lehigh

600,000

100

N
N.
A.

do
A.
7
O.
8g. q.—F. N. Y., Jones A Schuyler.
Company's OHIce.
"7
M. & N N.Y.,Bk.of N. America,
M.&N.
do
do
7
do
do
6
M. iN.
do
do
M. AN.
7
do
do
A. & O.
7
M. & S.
do
do
7

2,623,483
851,000
74,519
100,000
3,000,000

1,000
1,000
1,000

O.

Union Trust Co. Jan. 1, 1897
do
do
June 1, 189.1
Jan., 189!)
J. N. Y., Boston 4 Phllo.
A. <b O.
do
do
Oct., 19<r_'
Pittslinrg onico.
April. 187<;
q.-J.
F. & A. N. Y., Winslow, L. iCo.
Aug., 189.5
J. & J. N. Y., Farm. 1,. & T. Co.
July, 189W
Boston Ofllci;.
M. & N.
May. 1890
do
1802
Feb., 1897
Philadelphia Offlce,
April 1ft, 187«
q.—J.
J. & n. Reg.atofflce.ep.B'kN.A
June, 1898
M. & 8.1 Philadelphia Ottlee.
H«pt., 1910
do
J. & D.
dn
1898 & 1»2:(
Phlliulclphia Oftlcc.
Jan., 1892
J. & J.
Cincinnati.
Mar. 10, t87t;
Q.— M.
M. &. N. N Y., Bank of America.
May, 1883
Cincinnati.
Various
1804
J.
J.
J.

I.

2.50,(KX)

500
30
100

1858

1.85

Lukens Valley—Stock
tfaeon

500

0O5
185

130
83

2
6
6

325,000

1,000

31

392

h-

1,.500,000

i',6bo

i',6oo

......'.;;

A
&
A
&
&.
A

A.

6

5,000,000

&

Uic.
Oct.
Oct.

O.

<b

2ifl

11,129,000
1,797,000
4,608,000

D

dc

F. 6i
J.
J.

5,(K)0,000

1876
1870

1851
1867
1«70
1872

173
175

do
2d do
L. Air-Line— lat mort

4t

27,05)2,297

Kentucky (perpetual loan)

Ix>ul8VllIe loan

M.
M.

7
10
10
8
7

5,000,000
720,000
160,000
300,000

50

4
10
19
175

1

&

i
&

10

450,000

OleuCove branch

Newtown & Flushing
New York & Rockaway

A.
A.

7
7g.

34-1,000

50
1868
1870
1873
1872

J.

7
7
7
7
7
7
7
7
7
7
7
7
7
7

3
7

1,500,000

1,000
1,000
1,000

7

8
8
8

.500,000
4,.5OO,O0O

50O*c.
500 &c,
50

1869
1870
1872

.00<),(KK>

1,142,000

1,000
1,000

1.58

1st mortgage, mainline
Extension

I.lltF4,(HM)
5.2.5(i.O(JO
2,(li)2,(KX)

1,(K»0

1864
i23
123

$-*,97l,00O
3.520,(HXI

1,000

141

Long isiaurf—Stock
:

1856

iK>

51

—

JiitUe

02
05

"lii

lAtirreiue Stock
1st mortgage

d OaJo.— 1st mort., l.gr.

1,000

102
162
88
88
88
37
12
13
58

Kalamazoo it .Sfhoolcratt
Kalamazoo, A Uogau & Gr. Rapids
do
do
stock, ti per ct. guar.
Jamestown & Fraukliu, Ist mortgage
do
do
2d mortgage
Lahr Superior <t Hiss— 1st uiovU, gold, l.gr.,8.f
luiomc mortgage bonds
Leaecn., Law.

18.55
18.57

2.58

do
mortgage bonds
do
do

nioitj,M>;e

$1 .000

4.51

Jjiko sluiiiMltvldoml bonds, April, 1860
l.st icicirt-iijre (0. & Tol. UK.) Hinklng fund
Biitl'alo

1873
1872
1869

4.')1

l»liiiortKaKc(I)., M. SlT. KK.)
;td moi'tj-'ugo

'2tl

Iliiiuls— I'nncipal. Will iilliie.

Shorc.tC-

]»t inort},Mf,'i!, Hiiikiiij{ I'uud, .M. 8.
'2d iiiortKuj^u, Mluhij^iiii Suuthera

•M

TaUaa.

ttaaoo

Pii

$2,823,705 $3,287,973 $2,783,633
i8,2-22,44« -24,505,447 27,( 'J'2,'297
10.875,000 16,839,000 '22,129,000

ndcd debt

1,8.37,613

* Autnracite.

(V. 18, p. 237, 504, 527; V. 20, p.

31 1,

593; V. 22, p.

158.)
Lillle

&

.Miami.— This company lenses

Xenia, and both are leaM!d to

&

tlie

Columbus

pittsbiirs',

Cincin-

Luaranteed by Penn. KK.. lessees
payment on bo-iiis and 8 per cent
Net earnin;js, 1873, (L. M. & C. & X )

St. Louis,
assumiii'j; interest

nati

on

stock.
$331,099.

(V. 20, p. 4!J7.I
LltUf Jtackif- Fort A'mWA.- Foreclosed Dec. 10, 1874.
Ue-organized and srork issued for old bonds. The
new mortgage is for constriu'tloil to Fort Smith.
(V. 19, p. 58:1, 617, 6:19; V. 20, p. 62; V. 21, p. 418.)
Little Rock, Hue Bluf £• ffew Orleaite.—?>o\d in
foreclosure Dee. 16, lilb, for $35,000. V. 31, p.
5.i">,

61:1.

and operated by PhilaReading. Dividends, 7 per c.nt.
Logan»porl. CrawfonlsnUle <f S. W. of Inil.—DeThe total liabilities. September,
faulted in 1874.
1875. reported at $4,097,000, of which $32.',000 were
ii«te<Sc/i«j/ttia.— Leased

delpiiia

&

receiver's certificates.
20, p. 86,
p. 6.%.)

312,

Litigation in progress.

521, 693;

V.

21,

p. 30-2,613;

V.

(V.
22,

/if/anrf.— Change of management was made
April, 1875. and ill .January, 1876. a sale of stock was

Long

made
Shore

to Mr.

Poppenhusei, of the Flushing, North
giving him control. (V. 82, p.

& Cantral road,

135, 158, 375.)

LouiniUe, Cincinnati <ft i«rin(?ton.— There are also
$60,000 old bonds. Gross earnings in 187-2-3 were
il,»19,087; expenses, $978,574; net earnings, $335 45*.
The company, after paying dividends on preferred

LouisvWe, Sew Albany eft Si. Louis AirtitK.—
This road is projeotinl from Louisville to St. Loais,
and lias 28 miks built. To Iw sold in foreclosore.
(V. 20, p. 16, 357, 453; V. 21, p. 86; V. '22, p. »s8.)
LouistiUe (ft Xai>hriUe.-\nm\td report for year
ending June 30 1875, in V. 21, p. 300. Gross earnings of main stem and- brandies, $4,308,958, net,
$l,51ft.398. (General result of operating whole system

and leased lines was a dellcit of $3t,793. after uayini:
interest and all cliarges.
Net earnings, July to
December, 1875. much better, being jl.013,".'il.
Nashville & Decatur Is leased, and liabilities for the
South & North Alabama are assumed. (V. 30, p.

1A7

10; V. 21, p.

)

iMiiitvUle, PadHcah <t S,
H'.— Formerly Eliz.ilictlitown
Pnducah, to which Louisville city
loaned $2,000,(00.
In September. 1874, intere.-t
was not paid. Foreclosure in progress. (V. 80. p
857. 405; V. 21, p. :«!, 39.5. 489.)

&

Luient T'o/fey.— Leased to Summit Branch Railroad at $62,500 per annum.
Uacnn <* .li/wcfn.— Leased and operated by the
Georgia Itailroad. which guarantees all the bonds
except $100,000 of first mortgage. (V. 2'. p. 167.)
Macon A Brun«rJ<*.— This road being in default,
was sold June 2, 1875, and bought for the Stale:
offered again for sale or least: January, 18:6. Tb«Georgia Legislature declared frauduiint $600,000 of
the endorsed bonds issned in 1870. (V. •». p. 4116.
501. 546, 570, 598, 615; V. '22, p. 3 of advertisement' >

A

Madlsnn

*

Superior.

the " Potter

Fortgage.-ConmWAiAed as Chicago
bonds could be negotiated after

No

Uw."

(V. Jl,p. 15.1

Maine CentnU.—The Maine Ontral leases several
The report of the year's operations,
roads
ending December 31; VSH, bad the following:

—
.

BAILROAD STOCKS AND BONDS.

zzu
Sabserlbera

ATor hj

confer a K^eat

irlll

[Apiil 29, 1876.3

kI^Idk immediate notlee of aur error dlscorered In tbese Tables.

INTERliST OR DIVIDENDS.
Miles Date Size, or
Amount 1,^.*. _.. When Where Payable, and by
Par OutstandlngjK^„^'of
eokunn headings, Ac, see notes of
Road. Bonds Value.
Payable
Whom.
head o( first page ot tables.

DE8CBIPTION.

For explanation
at

tliK

Uainr. Cenlral—(Conlinueil)—
Bonds ($1,100,000 loan) A. &. K. KR
Kxtcusion txmds, 1870, gold
Maine tViitral loan for $1,100,000
3je4MU A: Farmlii^tou Knilroad loan
Audroseoggin Kailroud, Bath CitJ' loan
Portland <k Kcnnvboo, Htock
do
1st mort., extended
do
uonsolldated mortgage
do
do
•Somerset & Kennebec, 'Jd mortgu»re
Belfast <k Mooselieiid, Ist mortgage
Matxcheslev <t Lawrence—Stock
UaiutleUI, CoMwaler <t L. J/.— 1st mortgage
Maiu/ield it: Frammghani—lBt mortgage
(Jleeelan<l—\»i M., JjiU.OOO p.
(Jincinnati Stock, common
Stock, 1st preferred

MaritUa,
ilarietla

do

I'illsb. 0!

<t

—

1800-1

19

'38

1,100,000

1870
1808
1871
1861
100
100
100

1,166,700

500 &c

260,000
150,000

1863
1865
33
26
90
22
100
27e

m.

1870

100

1871
1869
1870

1,000

50
50
50

do

2d

let mortgage, dollar
1st mortgage, sterling

ad

mortgage

.3d mt>rtgage

4th mortgage for $4,000,000,
Scioto & Hocking Vallej' RR., Ist mortgage
Bait. Short Line, stock, 8 p. c. guar l)y Si. C
do
do
1st mort.,gmir. by >I. ikC...
Cincinnati & Baltimore RR., stock
Uarque.Ue, H. <t O— 1st raort., I'd gr. M. & O.,
iRt mort., I'd gr., H. <fe O., coup
'Jd mort., land grant, M., H. (b O., coup
do
do
do
Sdmort.,

Delaware— lat mortgage
mortgage

Maryland
•2d

100

Memph U

<t-

i£

—stock

Ofutrleston

Tennesse loan
Ist mortgage, convertible
2d mortgage
Income btmds
Memphis it Litlle /{Oct— 1st mort., 1. gr
lid mortgage
,
Michigan C'en/ra/— stock
ist mortgage, convertible, sinking fnnd
1st mortgage, convertible
<;onsoIidiited mortgage (for $10,000,000)
Michigan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C.
Equipment bonds
Kalamazoo & .South Haven, 1st mort., guai'
do
do
'id mort,, guar
<irand River Valley, 1st raort., guar
do
do
2dmort.,giiar
do
do
stock, guar
Detroit & Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)..
Jackson, Lansing <St Sagiuaw Ist mort
1 S S'O
do
2d mort., conv. o,0«
s ySl
do
Ist mort. (N. of Win.), conv.
do Cons. m. on whole line (300m.) j § S £
MUhiffan Lake Shore — 1st mortgage
Midland I'acijflr—lfit mortgage, gold
Milwaukee if- Xorthern—lat mortgage
Milwaukee, Lake Shore cf- Western 1st m., gold.

1869

1.000

bo

18'7'2

44
94
109
54
54
291

1871
1872
1873

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

131

94

if;

Schui/lkill

116
116
23Vi

57
57
126
125
140
32
35
100

,

Haven —stock

Mineral Point Wis.) — 1st mortgage
Mississippi, Ouachita d- Red ifieer^lstra.,gold.
Mississippi d- Tennessee^lut mortgage
Consolidated bonds
(

Tennesisee Btate loan
Missouri, Kansas d Texas stock
Preferred stock (for $7,000,000)
1st m. gold, sink, fund, on road and land (U.I*. S.Br)
Ist mortgage, gold (Tebo. & Neosho)
Consolidated mortgage, gold, on road and land...
Hannibal & Central Missouri, 1st mortgage

—

do

do
R., Fort Scott

1.

gr. s. f

2d mortgage, coupon, may be registered
Mobile d (Sirard—lHt mort. ($212,500 ei
end.)
2d mortgage, endorsed by Georgia Railroad.
Plain bonds

"The total earnings for the year 187.5 have been
$1, "86,076 47; operatui;; expenses, $1,147,066 82;
Met earnings, JB-M.OOfl 6,S— aufllcientto nay all oper
ating expenses, interest, coupons aua rents, and
leave a small b-dance. In 1874 the total rccelDts
were

and operating expenses $l,"i81,Net, «813.89;t 30. Showing a diminution
thl«year, Us comparoJ with last, In gross receipts,
>308,0M OS; in operatins expenses of $1.34,til4 43;
and
net receipts of gir3,.38:) 65.
"Of this reduction in our gross receipts the past
year, $77',3-J2 58 was occasioned by the modiflcition
of former contracts, for the purpose of producmg
nuifurni and harmonions action bi'twei'ii the Eastern
and Boston & Maine roiidi, wliicli will result, as we
tmst, to the benefit and in the general couvenieucu
of our patrons who have occasion to io business
over the railroads west of Portland. The balance
of the diminution in onr gross receipts, 4230.681 62,
must be attrlhnled to the general dep'ession of th9
business of the country, and •reduction of tariff by
Hpecial rates." " (Vol. -^0. p. al3, 366; V. J8,
p
$;J,0i)1.080 55.

611 »5.

m

3.5iJ.)

Manchester <k Lauir«nce.—FoTmo,r\y operated with
th« Concord Railroad as one Ittie. Net earnings
1874-5, $101,117.

(V. 20, p. 56J.)

*

Mansfield, Co'dwater
L. 3f.— Leased by Penn.
Company for net earnings. In hands of mortgage
trustees. (V.20, p. 4*6; V. 8i, p. 42.)

Manfhfld it Framingham.—\x&aei\ to Boston,
Clinton & Fitt:hburg. at 25 per cent of gross earnConsohdation made June, 1815. (V. 20, p. 615.)

ings.

In 1-74 were $40,717.
hands a ugust, 187.5.

Defaulted and in receivers

7

J.

—

earnings. $3ri.f24 against $5-i3,1.50 net earnings in
1874, This road foriiis a part of the tnrough ronto,
and IS operated in close connection with tlie Baitiuioro & Ohio Railroad, which has made large ad-

"3'
3
7

1.000
.50

1868
1870
1856
1866

1.000
1,000

Stocks— hast
Dividend.

dc

LitlU Rock.

750,000
669,050
1,910,000
2,000,000
840,000
706,000
850,000
150,000
5,312,725 3
1,814,142
1,293,000
1,000,000
600,000
1,300,000
18,738,204
2,179,000
556,000
8,000,000
1,900,000
200,000
600,000
640,000
70,000
1,000,000
500,000
491,-200

,906,000
1,317,000

158,000
810.000
1,958,000
880,000
1,100,000
2,134.000
3,000,000
3,969,600

320,000
500,000
600,000

6

2,856,000
349.000
14,758,000

6g.
7g.

377,500
300,000

7
7
10
10
7
8

33..500

8

768,(X)0

250,000
5,000,000
1,947,000

g.

Lme."

20, p. 336,615;

V.

'l,'l89G
Jan., 1876
Jan., 1900

Juno

A.
J.
J.
J.

i,

1892

July 1, 1891
Aug. 1, 1892

1,1903
1885
1889

Sepl.

Nov.
Dec.

1,
1,

May 1, 1880
Jan. 1, 1885
1873 to '78

May

1,

1890

Jan.Vi873
Oct. 1, 1882
Oct. 1, 1882
May 1,1902
Jan. 1,1890
1890
April 1, 1883
Nov. 1, 1890
Nov. 1, 1890
Jidy 1, 1886
July 1,1879
Jan., 1876
May 1,1902
1902
July 1, 1885
March 1, 1878
May 1, 1890
Sept. 1, 1891
1889
Aug., 1899
Dec, 1901
Jime 1, 1902
Jan., 1876
Jan. 1, 1890
1890
April 1,1876
8ept.l,'81to'93

Jan.,

1899

June, 1903

York, Inqjilre
Com))any'F Omce. <

7 Nassau

1891
1891
1896
1890

May

[New

1904-1906
May, 1890

street.

Jan. i'.'i899
April 15, 1890

1876
1889
1887

Jan.,
Jan.,

Ml'wavkee <& Northern.— 'TK\i^ road defaulted on
interest December, 1874. Circular to bondholders,
It is leased to Wisconsin Central and
20, p. 615.
there is said lobe some prospect of resumption. (V.
a-a,

p. 8.3S.)

Lake Shoiv 16 Western.— In 1873 the
net earnings were $7 HOO; cost of road and equipment, $3.7.'iO,0(O. Sold In foreclosure for $2,509,7ffl,
Dec. lU, 1875. (V. 21, p. i.'il, 591.)
Mine Hill dt Schuylkill flaren.— Leased to Philndelphia & Reading, May 1884, for 999 years; 8 per
cent dividends on stock.
Jfineroi /Wn<.— Total receipts 18 (.3, $1-28,121; expenses and interest, $130,614; cost of road, &c.,
$1,900,000.

.

per year on the stotk,

&

one-third of

which it owns. Semi-annual report to Dec. 1, 1875,
in V. 22, p. 41, showing net income of $)85.()!t2
abo%*e interest charges. Ac.
Interest was passe 1 on

A

Bav City bonds, not guaranteed, Nov.,
(V. W, p. 143; y.iis, p. 101; V. 81, p. 15; V.

1815.
82, p. 41.)

Mississippi

receiver's hands. (V. 18, p. 218, 501; V. 21,

and in
p. 110.)

Midland Pacific— TMti was one of the roads represented by Messrs. Turner Bros, in New York', of
which Benj. E. Smith was president. Default in interest was made in February and August, 1875.

A

Red Elrer.—lAnA grant

Tenne.ssee

earnings 1874-5, $211,3.32.

—Stock, $825,400,

V.

22, p.

1875,

Net

181.

—

Mtssouri, Kansas ife 7(xas. This road was building under most favorable auspices and showed good
earnings, bat In December, 187-1, passed interest.

A

compromise with bondholders has been pending
and will probably be effected.
(V. 21. p. 137.)
Receiver was appointed, December. 1874. Land

frant
0,->.

Is aliout 4,56,5,112 acres.
Latest olan V. 2*, p.
(V. 19, p. 29; V. a«. IB. 141. 501
V. 81, p. 87,
253, 395; V. 22, p. 111. 158, 368.)
;

186. 807,

Missouri River, Fort Scott
Jan.,

'74.

Coupons
cash and
V.

&

(?«?/.

—The

stock

is

Interest pai'sed Oct
IWi. on 2d, and
1st m'tgs. Net income of 1974. $301, "Pi.
of .lanuary, 1874, paid Julv, '75, one half
one-half in 6 nios. notes. 'V. 80, p. 403;

$5,950.1100.

187J,

*

S.57.000 acres.
Sold in foreclosure, Dec. 16,
for $85,0(X). (V. 2), p. 405; V. 81, p. 535, 613.)

21, p. 16.)

litigation as yet.

July

A J. N. Y.. Farm. L. AT.Co
A O Boston, Co.'s oflico.
A J
Savannah.
A J. N. Y., Nat. City Bank.
A J. Savannah, C. RR. Banic

J.

1,
1,
1,
1,

May

J.

D.

Various
M. & N
M. A N

Mls$tssippi, Ouachlla

has been in de(V. 17, p. 330, 649; V.

I'he floating debt .luue 1, 187.5. was $770,015, Bgainst
$1.0,-.6,152 on the Ist of June, 1874.
The J., I
S.
debt is assumed by Michigan Central, which also

No

Aug.
Aug.

Mihitavkee,

May

#711,001

.1.

1,
1,

V

Michiflun Cfn^rtj/.— The annual report to
31,
1*75, (V. 21. p. 109.) showed gross earnings on
main line and branches of $7,10-2, •J8t), and net earnings. $2,0.14,188. or $76 253 loss than previous year.

pays

A
A

J.

1870
1911
1889
1895

1,

8ept.',"i866
Sept., 1866

S.

,1,

409,444
21,405,000

1900

Oct.,

,

— Interest

1872.

May

Boston, Bost. Nat.Bank July
N. Y., Winslow, L. A Co. Aug.

& J.
do
do
do
do
AN.
do
do
4
& J.
do
do
7
A J. Bait., Mcrch. Nat. Bank
4
A N.
do
do
8
A D. N. Y., Company's oiflce.
8
A J.
do
do
8
A A.
do
do
10
A S.
do
do
6
A N. Bost., Bk. of Commerce,
6
A D.
do
do
per y'r,
& D.
6
A J, N.Y., 3d National Bank.
7
A N. N.Y., R. T. Wilson A Co.
7
A J.
do
do
10
A 8,
do
do
A N, N. Y., Swenson, P. A Co.
48.
J. & J. New York and Boston,
A. A O.
8
Boston Otflce.
A. A O.
8
do
7
M. A N. N. Y.,Farm. L. AT.Co.
8
J. A J.
do
do
M. A N.
do
do
A. A O.
do
do
8
M. A N
do
do
8
M. A N
do
do
8
J. A J.
do
do
8
M. A a
do
do
J. A J.
do
do
2>a
8
M. A N.
do
do
M. A N New York and Boston.
8
8
J. A J N. Y., Farm. L. A T. Co,
8
M. A 8.
do
do
8
M. A N
do
do
8
M. A S.
do
do
8
J. A J. N.Y.,Win8low, L. ACo,
F. A A
N. Y., Turner Bros.
I' J. A D. N.Y.,Merch.Exc.N.Bk
7 g. J. A D
3^ J. A J. Philadelphia, P.&R. Co.
10
J. A J, Detroit, 1st Nat. Bank,
?«• J. A
A. A O.
Memphis, Office,
8
J. A J.
do

—

November,

O.
do
O. Best., Nat. B'k Com'rce.
D.
do
do
N,
Belfast and Boston.
N, Manchester and Boston.

&
& O,
& J
&A
& B.

to 1891

Oct.,

July, 1898
July, 1901
July, 1891
July 15, 1875
April 1, 1883
Oct. 1, 1895
June 15, 1870
May 15, 1890

•&

MemphtJt ifc Charlet.ton—T\ii» road was leased to
the Southern Railway Security Co.. but in 1374 the
lease was cancelled and Mr. R. T. Wilson, President
of the East Tennessee, Virginia & Georgia, road was
elected President of tlie Memphis A Charleston,
with a new board of directors. No recent report has
been obtainable. (V. 19, p. 424.)

Memphis

do

J.
do
do
J.
Portland.
J. Bost., Nat. B'k Com'rce.
J.
Portland. Me.

A. Bait., B. Oarret A Sons.
& A.
London.
AN. Bait., R. Garret A Sons.

•

Man/land
Delaware, This line was leased by
the New .lersoy Southern, to fo.-m part of the
thi-ough route.
Lately proceedings looking to foreclosure have been startcl. (V. 21, p. 242.)

fault since

Commerce 1890

do

O.

&

s.

Marquette, Boughton & Ontonagon.— "Wis is a consolidation of Marquette & Ontonagon and Houghton A Oiitonaiifon. Lanris amount to 425,0<)l acres,
chiefly timber and mineral. Stock, $2,306,600.

&

F.

8.

A. Best., N. Bk.

8
"7'

l,'-'54„500

100

ifc

?«•

1,125,IKX)

.VcM/an Like SAor«.— Befaulted

Marietta A Cincinnati. Gross caminffs f«r the
year 1875 were »l.il6i.015; expenses, $1 290,590; n.'t

7g.

1,500,000
1,386,000
8.105,600
4,440,100
2,430,000
1,050,000
2,500,000
3,000,000
2,004,000

vances for recent construction on the "Short
.Vnnual report V. 22, p. 298.

the Detroit
Marietta, PilUbiirjh. it Ckvelani.—'Sat, earnings

1,000

50 Ac

it

300,000

424,000
1,000
1,000
1,000
1,000

M.
M.
A.

1

1868
iS'i
1,600
100 1870
1,000
786 1871-3 1,000
70 1870
1,000
70
161 1869
1.000
161 1870 500 Ac
85 '59-'66
500
80 1869
1,000
1867
500

2d mortgage

A On(/— Ist m.

1872
1872
1865
1868
1870
1871
1869
1869
1870
1872

780

,

Mtssowi

1874
1870
1870
1866
1869

ife

7

100

,

Hill

1,000
1,000
1,000
1,000
1.000
1,000
1,000
1,000
1,000
1,000

1872
1869

10

"39
39
94

(

Mine

1873
1860

A,
A.
J.

A.

1,000,000
1,600,000

1,000,0(X)

569
284
284
284
103

I

—

23

6
6
6

&
&
&
&
&
&.
&

F.

6

300,000

30

6
3

J.
J.
J.
J.

6

««•

496,500
756,800
633,000
425,000
741,400
217,300

f IIUUIwhen due,

fnlt»

pal,

of

,

on

81, p. 15.)

Mobile it Girard —The Centrnl Railroad of Georgia endorses t,212,5 iO of the Hrst and all the secoud
mortgage bonds. Net earnings 1874-5, $22,68o.

.
.

..

,

•RAILROAD STOCKS

April 29, 1876.]

AUD

BOi^DS.

Snbaerlbera will confer a gretit nivor by (iTlne Immediate notice of

UHSCKIPTION.

Miles Date
of
of
Forezplunntioii of column lieadiuKo, &(i., tee notes
Roa<l. Bonds.
at tlie iKiid of Urst page or tables.
ilobile

it

ilohUe

if:

.Vonlgmnery—Htock
O/mo— Stock
bonds

Intcriftt

or
pul, W hen Due.
Amount Rate per When Where Payable,
I'ar
ood by StM-kt—tj%al
Value. Outstaudlag
Payable
Cent.
Dividend

18(1

1873
1853

1st inortt'a^re, sterling

lnt<MC8t bonds,

$100

$3,022,517

1(K)
.(MM)

5,320,0<K>

1

£225
KM) &e
ilOO&c

bonds
Ktei-liiiK

Ti'iincKtsee subs., Ist inorticHfrc, st<:rlluK
Hix'ciul mortgage (Mississippi, Ualncsvllle

& Tex.)

2d niortgilKO
(,'oiisolidaUd mortgugc, gold (for * 15, 000,000).
itontclair of New Jersey 1st m., gold, guar

21

..

—

mortgage
Income bonds
iloutj/iiHiery <£ A'u/aw/a— 1 mort., end. by Alabama.
1st mortgage, not endorsed
llonticello it Port Jemis—lst mortgage

1871
1871

1,000

1874

10<r&c.
1,000
100 &c.

80
80
23
137
81
84

—

Uorrls i£ Essex stock
1st mortgage, sinking fund
2d mort^jage
Convfjrtfble bonds

KashiHlle, Chatlanooga A St. Limis—Btoci.
Bonds to U. S. government, 2d mort
New 1st mort. ($20,000 iwr mile)
XashvUle <£ i>fco(i()'— Ist mort. guar, by L.ife

2d mortgage
Sashita

tt

Lowell

—Stock

Bonds for freight depot
littugatuck Stock
Ist mortgage, couiiou ($52,000 convertible)
Ke*oark, Somerset t£- Straitsc, 0. 1st mortgage.

—

—

Holynkc! & Westtleld RK
K.J. MUtlaiid— 1st mort., g'ld, guar.

Kew

Jersey

<£

New

I'orfc— Ist

,

_

mort. (for $1,500,000)

. .

.

. .

do
do
2d mortgage,
do
Tennessee State Loan
Income and equipment mortgage
2d mortgage scrip
y. Y., Boston <t Jfo(i(rc(i/— Ist mortgage, gold
(!anadu~lst M., sterling, guar. D.& H. Can.
N. Y.
New York Ventral it Hudson Rivei-—Stock
Premium bonds
(N. Y., Central)
do
Bonds for debts assume<l
do
do
B. & N. F. stockholders
do
Bonds railroad st<iek
do
do real estate
1st mortgage,

1805
1872
1871

206
200
200
237
237
237

1873
1856
I860
1873

350
842

840
840

regis-

Mont'TOnierv.~-So\d in forcclosnre. November, 1874, and stocK given to old bondholders.
Old mort^tage debt yet out, tSJ33,(j00. (V. 20, p. 82,
501; V. 22, p -280.)
Mobile (fc O/iio. The company has been in default
since March, lt<".5. A full account of its affairs, with
annual report for 1H74 is in V. SO, p. 452; loter
statement. V. 2!, p. 6ii3. W. B. buucin and A. F
fV.-W. p. 35S, 452, 501, 571; V,
Elliot are Receivers.
SI, p. 60>: V. 22. p. 15% 313.)
Uontclair.- The 2d mortg>igc was foreclosed Becembcr, 16"4, and road sold aiain Hi'pt. 2."), 1875.
(V. 20, p. 18, 290,343, 488,501. .57:; V. 21, p. 186,

New

it

278. .3'«, 8U5.)

Eufaida.—lnVcrmt has neen in de7t is one of the SUto aid

fault since January, 1H73.

0,

l'6Vi.

(V. 21,

p. 48!i.)

New
'

May

& lx>weU.—'Set earnings in 1874-5, $56,464.

Naugatuck.— THet earnings 1874-5, $222,327. (V.
SI, p. hll.)
Newark^ Somerset A StrailsviUs. Incased to Sandusky, Mansfluld A Newark. Guaranteed Dy Balti-

—

& Ohio.
rood is leased and opciated
the
Boston, Clinton A FItchburg for 8 per cent
by
on stock and interiist on debt.
New Bed/ord.-This

1,000
1,000
1,000
1,000
1,000 )
1.000 s

Unren

F.
J.

F.
A.
.7.

New York

1900
1889
Oct.. 1901
June 1, 1015

Nashville.

Apr. iVi875

1881 and '01

St

July
July

A

*
i'- M. &
t'- P. &
J. A
7
M. &
!«• M.
4
J. &
6

Boston

N.

it

1, lOl.-*
1,

190O

Oct., 1887
Nov. 2. 1874

Nashua.

1893
Feb., 1876
do
do
July, 1870
N. N. Y., Union Trust Co. Nov. 1, ISSfl"
N. Boston A New Bedford. May 1, 1870
J. Boston, Suffolk Nat. B'k, July, 1. 1881
J. Si J.
do
7
do
July. 1, 1804
Newcastle, Pcnn.
Q.-J.
Apr., 1870
2Hj
7.
Various N. Haven, E.8. Seranton 1898 to 1000
3
New
Haven.
Oct., 1874
J. & J.
do
7
Jan.. 1899
A. & O.
Apr. '80 to '82
do
1891
?«• F.&A N. Y., Co.'s Office,
1895
F. & A.
do
do
1881
M.&. S. New York and I.,ondon. Morcbl, 1893
M. & N.
N. Y., Co.'s Office,
Nov. 1, 188»
A. it O.
do
6
do
do
M.& 8
do
7
1881
A. & O
do
do
April 1, 1903
7
Moy 1, 1900
7g. M. & N.
New Txjudon, Office
2
Q.-J.
Apr., 1, 1876
A. & O N. Y., B'k of N. America
Sept., 1885
6
do
J.
&
D
do
July, 1802
7
Jan, 1, 1916
8 or 7 g. J. & J. New York, Co.'s Office

8(M),000

1,078,500
171,500

005,000
525,000
2,460,000
1,000,000
900,000
•200,000
3,0<K),000

A.

Bridgeiwrt, Conn.

J.

.

1,.5(M).(XM)

?«

910,000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000
300,000
300,500
4,000,000
12,158,050

&
A. &
8
&
?«• M.
M. A
F. &
8
J. &
7

3,559,,000
2,941,,000
1,500,,000
3,723,,500
997, 000
1,997, 000
1,279, 000
6,000, 000
395, 115
0,250, 000
4,000, 000
89.428, 300
5,930, 020
1,514, 000
70, 000

J.

I'-

,1.

F.

J.
J.

<fe

M.

7
o

F.

M.
M.
M.

59-2, 000

100, 000
88, 000
2,900, 000
1,894, 000
1,950, 000

7

F.
J.
J.

7
7
7

24,600,000

A.
c.

Pitts-

lionds.

tiie

earnings,
net

$3'J!I,-J50;

8'J, -.130,

818, 393,

of

J.
J.

A.

A
A

N.
A.
N.
N.
N.
A.
D.
D.
O.
J.
.7.

do
do

'74. '79 '84

1880
18-*0

18^4
Aug. 1, 1874
New York Co.'s Office. May 1, 1889
I.,oudon, Baring Bros.
May 1.1904
N.Y.. Or. Central Depot, Apr. 15. 1876
N. Y. Union Trust Co.
May 1,1883
do
do
Aug. 1, 1876
do
do
May 1,1883
do
do
May 1. 1883
do
do
May 1,1883
do
do
Aug. 1, 1876
do
do
Dec. 15. 1887
N.Y„ Grand Ceu. Depot.
Jtnte. 1885
N. Y., Union Trust Co.
April. 1891
do
do
Jan. 1, 1903
Ijondon.
Jon. 1. 1903

ending Juno 30. 1875, $3,184,390; net, 81.363.943.
See annual report, V. 22. p. 156. Operated as B conIII. Central buys up
nectin? line with III. Cent.
*200.(I00 per year of consol. mortgage bonds of 1873.
The Miss. cent. 1st mort. bonds, dueNov..lH74. were
not all paid, and Nov. 1, 1875, and Jan., 1876. there
was some delav iu nayntc- t of Interest. Floating
debt June 30, 1S73, $l,'9-29,0.i7. Receiver appointed
March. 1876. (V. SI, p. 15, 613; V. 22, p. t«, 117.

156,

-28!.

328.)

New

Yorl; Boston it MonDvat.—Vronotei consolidation of several roads fnim New York to Rutland.
Company defaulted In 1874 and no'v in bands of
receiver: foreciopure |>endlng. tV. 20, p. t3(i. 358,
3.S3, 405; V. 21, p. 16, .349.)
New York it Coiorfa.— The bonds are irvaranteed
by the Delaware A Hudson Canal Co. Koud opened

through Oct.. 1875. (V. 21, p. 207.)
New York Ventral <fi Hudmn Hirer— The consolidati<»n of

New York

was made Nov.

1, 186!).

Central and Ilud-son Rivei
In 1388 the stock of the

The scrip diviNew York Central of 80 per cnt was made
Dec, 1868. On consolidation, another 27 percent
was distiibutcd on Central stock and >5 per cent on
Hudson. The mortgage loan for »40,'XiO,000 is to
si'parato comjianies

was

$4'2,712,700.

dend on
in

and the balance for laying third
and fourth track and other improvements. These
tracks were nearlv completed from Buffalo to Albany
retire prior debt,

1 ,1875, thus furnishing a double track road cxcbislvely for freight ;raftir„ The lUrl-m liailmad
was lea.sed April, 1873. The following is a comparison of operations, Ac, for Bvc years :

Jan.

Cost of road

1874-5,

eammgs

Oof. 1,1 8C«

May 1,1912
Nov.

ycjir

by Vermont Central

CfMeago.— Grots

do
do

.7.

Jan. 1,1012
July 1, 1886

do

N. Y., So, RR. Ass'n.
N. Y., J. L. King.

A.

New London ^Mw^/wrn.- "Operated under

lease till
for $1.')0,(100 a year. Indisbursements,
$151,975;
come of Co..
8143,973, (V. 21, p. '-.90 y
New Orleans, Mobile it Texas.— The Western Division of this road was sold Nov. 18, 1874. Interest
The trustees' cirouar for rein default since 1872.
organization of Western Division Is given iu V. 21,
.'.35;
V. 2'2, p. 'i-Vi. XA.)
231,
(V.
p.
21,
p. 231.

do

N.
N.

A

A
A
A
A
A
A
A
A
A

N. Y., 80. RK. Ass'n.
N. Y., J. B. Alexander.

O.

M. A N.
Q.-J.

New

dt

181)1

do
do
do
do

A.'i"o.

.

OrUans, St.Louis

do
do
do
do

1890
2. 187a
1914

Jan.

N. Y., V. K. Stevenson.
J. &"j.
do
do
J. &. J. N. Y., Drcxcl, M.
Co.
A.
O. Nashville, Co.'s Office.

several roads. Net earnings. 1875, * 109,27l>. Interest
Litigation la progiu default fince October, 1873,
Oomprehensivc plan of re-organizatlon, \ 21,
ress.
(V. 20, p. 31 3. 488; V. 21, p. 466, 489.)
p. 4B«.
(V. 19,
.Jersey West Line.^ln foreclosure.
p. 640; V. 2.1, p. :)83; V. 22, p sal. 400.)

New

March 1, 1880
June 1. lUOO

A. Co.

do

4
7
7

V. 21, p. :«), 64,
313, S.'JS.
466, 489; V. 22. p. K7. 135.)

In

do

N. Y., Union Trust Co.
J, N. Y., Del., Lack & W.
N.
do
do
A.
do
du
J.

1904

1 ,0<M),000

operating expenses,

488;

N. Y., O. Opdyke

A.
O.
D.

1.

do
do

I'll

Northampton.— Otoe's

it

B.

D.

1877-H82
Jon.

0,575,295

Beivtr K.tt'y.— lA'Xsed to

it

&
<t
&
&
&
&

NtW Jersey Soutliern. —Th\» was a cnnsolidiitlon

1891

(V. 21, p. 590.)

more

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

&.

M.

earnings. $195,91.3. (V. 21, p. u9U.)
New .Terseii <fc New J-ori.— This was a consilidatlon of the llackensack &, N. York and Hackensiick
Extension, and further built to Ilaverstraw. The
old bonds are about $JO0,0UO, 7 p. c., due M.iy, 1890.
(V. •^11. p. 488.)
New Jers'y .l/i'/^anrf.— Defaulted after the panic of
1S73 and funded coupons. The company, having
exhausted its capital und cn'dit in construction,
leased to the New York Midland for 7 per cent on
its cost ; it had at the tnue a floating debt of about
$40e,0O0. After the pernio of 18T3 the road came
back witiiout sufflcient rolling ft.'ok and without
means to pay interest. The bondholders funded
Several
coupons, but default was again made.
plans of re-organizatiiin sac proposed. (V. 20. p. 24i.
44.',

&

3,230,<X)0
1 ,025,(MM)

llavcn city guaranteca j;225,000 of

Neto

2.58,

Nashua

1,000

1871
1873
1873

1874-5, S59.5,lii4;

899.)
JfasliviUe, C'/ial/anooga tt St. Louis.— Gross earningsof 1871-5. * 1,6 (I.8-20; expenses, $1.I51,M.54; net
earnings, $.'.2fi.871. In six months ending Dec. 31,
1875. net earnings were 83)1,120.
(V. 21, p. 370;
V. 22, p. 11:9, 181, .30% 410.)
Nashville it. JJecatiir. Leased
4, 1^71, to 7j0nisvlile
Nashville Company for thirty yairs.

5,0(M),(MM)

.1.

7
7
7
7
7
7

Wayne A Chicago, and lease transferred
Company. Net earnings, 1875, $219,531.
425.)
New Hiven <t Derby— "Set earnings 1873-1. *24,8-?2.

A

A

3,0(K),000

I'i-

burgh, Fort

Moniicello it Port ./«Tt».— Defaulted in 1878, Sold
Joly7, 18;.l. (V. lit, p. 3.1, 143, 503; V. 20, p. 3.5*,
383; V. 21, I). .3!). .5!)2.)
iJw«.— Leased in perpetnity to the
Morris
Western. The lessees
Delawar.*. fjickawanna
assum ail liattiiities and pay 7 per cent on stock,
and 8 after 1874. if thev then earn 10 net on Morris
Essex road. (V. 20, p. 80, 477, 488; V. 22, p.

*

ioo
100 &c.
500 &c.

1809
1,000
1874 £100&c
100
1853 500 &c.
1850
1,000
1854 100 &e.
1853
1,000

Castle

5,000,000

to Penn.
(V. 20, p.

—

sale Dec.

1,000

1854

5

it

1871
1873
1870

100
100
140
500

<£•

and advertised for

1,000

100 &c.

i'06

Consolidated lat mort., gold (N. O., J. & G. N.).
Ist mortgage,
do
do ...
do
do
2d mortgage,
Consolidated mortgage (Mississippi Central)

Mont/ionury

1,0(K)

7I2

M.&
&

Deo. 1, 1883
Nov. 1, 188»
1870 and '83
1H83
lUOl

Q-J.

4CM),000

1,000
1,000

do
do

J.

1,882,900
103,000

100 &e.
100 &e.

New York.
Q-M.
M.&N. New York anil London
M. & V.
Mobile.
M. & N.
Loudon.
J. & 3. New York and Ix>ndon.
M.A N.
Mobile.
March
do
J. & J. Now York or I»ndon.
M. & B. N. Y., G. Opdyke &, Co.

,''>0<>,<MMI

800,(HX>
2(M),000

500 &c
100
500 &c

1870
1870
1871
1873
1809

327

7

330,(MM)

2,10(),(K)0
.500,(H>0

500
100
"ibo

"id
80
80
37
78

byN.Y.&O

Bonds convertible till 18(i9(N. Y. Central)
Renewal bonds
2d moitgage. sinking fund (Hudson River)
Coupon bonds 1871 (not mortgage)
$30,000,tX)0
or
Now mortc-a^e
mortgage J £-j.(K)().ooo } coupon
NOW
tcred.
j

1,000

g.

?•'•

5,800,000

50
15
13 08&70 500 &e,
100
100
1,000
70 1809

J.

roads,

284,000
573,000

1861
1874

1

Mobile

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

1850
1809

,

Sffumera— 1 st mortgage
St mortgage (Toms' River br.)
2d mortgage lionds
Consolidated mortgage, for $7,000,000
New Jersei/ n'eM JAne—lat mortgage, gold
Kew London Northern — Stock
Ist mort^'age bonds
2d mortgage
K. 0., Mob. d- rex.— Ist mortgage (Mob. to N. O.)
Kew OrUans. St. Louis ii C/Atc.—Consolld. stock
New consolidated mortgage (for $25,000,000)
K.

14,'2i»7,iKK)

1873

"42
57

.

2d mortgage, currency

1,800,000

no
250
500 &e

1871
1873
1870
1867

"57

Kew Bedford— Stock
Bonds
Bonds
NewcastU d Beaver Valley—Stock
Kew Haven <t Iterbif— 1st mortgage
Xew Haven <t Xorthamp. (canal KR.)—Stock
Mortgage bonds, coupon
Bonds convei'tibie, ta.x fi'ee, coupon

8

7

(»)

1864
1800

"25

132
132
14

.

.

8

.'i3,000
1,4.'>3,8D8

1,040,000

345
N.

701M120
1,008,000

1,(MM)
1,0<M)
1,0<K)

1871
1871
1875

34
137

W

&W

1,524,300

1867
1870
1870

vari'i'.B

Construction bonds
tien. m. & 1st on lioonton Br. &e. (guar. D.L.&W.)
Consol. mort. (for $25,000,000) guar. D. L. <fe
I-.

8

977,.'>.'>0

5,08fi,000

780,CMM)
8M8,<KM)

•2d

Speoial mortgage toD.

anj error dlacoTcred In tbeee Tables.
Jknult—l'nueiINTEREST OR DIVIDENDS.

8l7.<i,

610

Convc'itllilc 8 Jier cent

ZxiU

Gross

Net

Funded

and

Receipts.

lieceipts.

Debt.

equlpin't.

$

$

$

.29.027.218 n.76.i.lll 40,001.667
S1,6«),S86 1:1,262,089 3'<,48t,74J
1878 8. ..29.196,851 11,484,863 27,7a.5..'33
9,I84.2W» 16,496,020
1871-2... 2.\580,e75
8,260,816 15,231,719
1870-1... 21,978,106
85S,
546;
V. 22, p. 41.)
(V. SO. p. 48,

I

1874-5.

96,.3&5.774

187:1-4.

8S,e06,aO3
T8.0I4.9r.4.

6S.29».<>»4

60.413,657

BAILEpAD STOCKS ANP BONDS.

WLI^

Snbacrlbers will eonfer a creat OiTor by

DraCRIPTION.

«>'>( Imiuedlat*
Date

Miles

at

tlio

of
of
of coliiuiii heu<llu>rx. &i\, sou notes
lioiul of flrnt pftf^o of tabU<«.
Road. Bonds.

/few York di Harlem— Common stock
Preff rretl stock
Consul, mort., coup, or rog. (for$ia,00O,000)...
Sinkinjtfuml
jV. T, Jloimatonic <f' .\orthem—l»t mi>rtKagt<

$50
50

132

"

kM

A\

l«t mort^aj^CH, old
A'ew I'ork, Srtr Ilapen,

1872
1861
1873
1872

iio

150

($4,<X)0,000)
T. Klnggt. it .V«ra.— 1st lu..
A', r. rf- Xew Kniilaiul iBosl., Hart/. <£• Erie)Stock.

"

—

1860
1870
1871

Ist mortgage

Kxtcnsion
General mortgage ($1,000,000 authorized)

62
223
223
223
102
102
102
102

common

l*rcferred stock

Mortgiige bonds

common

stock (8 per cent) exchangeable for 2d mort.
mortgage, new
,
•2d mortgage, new
^
Xorlh Penn/tyhania Stock
I»ref.

1st

—

mortgage
mortgage
•Jd mortgage
General mortgage bonds
yorthfrn Ventral— HXoi;}^

..

i38

50
1855
1865
1853
1868
1868
1870
1872

1,0<K)

1,000
1,000
1,000

1870

550

100
100
68.'69

— Stock,

1870

common

p. c. yearly,

1,000
1,000

393
393
148
393
303
303

cumulative)

Income and funded debt bonds
Istoon.solidated mort. ($;i,r)17,000are s. f.)
Consolidated mortgage, sterling
'Jd consolidated sinkiiigfund mortgage
Debenture sinking fund bonds (tor 1^1,000,000). ..
Spring.. Ulv. (Sp.& 111. SE.) 1st .M. (for $3,000,000)
Oil OreekiC Allegheny Itlrer—IM mort.(W. & F.RE.)
1st mortgage (Oil Creek KR.)
lat mortgage (Un. & Titusville RR.)
yew mortgage, (Pitts. T. A; B.)
Oia Colony— atock

100
100

1862
1868
1868
1871
1873
1874

328

1870
1876

i£ Korthwest^rn — Land gi*ant gold bonds.
Orange A'eiracA-— 1st mortgage
Oregon d: Callforn ia — 1st moi-tga.ge
Otwego d: Rome— l»t mortgage guaranteed
Income mortgage bonds
Oswego d- ,S'//raci(xc— Stock, 9 per cent guar
Morttrate bonds

£200
1,000
1,000
1,000
1,000
1,000

500 &c.
ioo

Bonds
Bonds
Bonds
Bonds
Bonds

Omaha

1,000
1,000

1866
1867
1871
1874
1875
1871

40

.-

1,000
1,000

1,600

9

rf-

200
28I3 1865

'35
35

7Zort«n.— Gross earnmgs 1873-4,
operating expenses. $1,719.394 ; net
$),836,535
earnings, il,l.j7, 141. Leased to New Y'ork Cenir.il
at S percent per annum (payiible .T. & J.) on stock,
and interest on bonds. The Fourih avenue horse-

1866

1,000
1,000

50

58*64 500

.fee.

F.
J.

6
10
7

;

A.

New

York, Klngiton

Rondoat
1.^75, fo.r

314, 453,

&

<t

til5:

New York

V.
<C

Ntw

i'/ioiffn'^.— This

'la

7
6

g.

7
7
6
7

7
7
3

4
7

500.000
6
16,000 p. m. 7.30 g.
546,000
6
10,950.000
7 g.
350,000
300.000
4I3
1,320,400
134.000
7

net

New

ITaren

<£

Ttar(ford. —THet

p. 617;

York

New York, Pron'lenee (t /yo'ton. —.Vnnnal report
'or fiscal year endinz Sept. 1. 187.5, showed net earniajs $40A..5tI. leaving a .surplus of $73,7<1 above iiit^^rest and dividend payments.
Full report V. 21,
p. 464.

Nartk Carolina.- Lenscd September,

1871, to RichDanville Railroad at $46 l.OOO per annum.
lu March, 1875, the gauije was changed. Dividends
of 6 per cent, are paid oa stock, of which the State

mond

&

equal to 7 86-10

per cent

>

267, 3:)6, SaS: V. 24, p. 257.)
New Hampshire.— ^et, income fiscal

40, p.

year 1874-5 was $193,894.

i.\. 20,

p.

,

»478,991.

(V. 4U, p.

488.)

|

I

Northern /^d/fc— Sold Aug. 13 1875. for $100,001
and pref. stock i» issued to houdlioUiers at the rate
of $1.4 10 for each $l.oni) bond, and this inclifdes the
Interct funded to Julv, 1878.
This slock is exchingelble for land at iti par value. (V. 41. p. 15,
78. 131, 100, 431, .34), :i74; V. 43 p. 133, 159, 20;).)

1

Norwich

(ft

ICorrw/^r— Leased Fehmary.

1361. to

Boston, Ilarlford * Erie f ir 100 years at lo percent,
per annum on cost. Dividends paid of 10 percent
per aunum. Gross receipts In 1874-5, $749,440; net
$494,997.

(V. 21, p.

Ogd-nsburg

<t

590.)

Like Cham/ilaln.—hoaited

A.

Philadelphia Office.

do
do
do

J.

O.

May, 1875
1899
1899
Fel). 1, 187«
Jan. 1, 1883
Apr. 1, 1877
May 1, 189S

Sept. 1,
Sept. 1,

do
do
do
do

do

a,

& 8.
A. & O
J. i
J. & J
A. & O.
M. & N.
1st
F. & A.
A. & O.
J. & J.
F. & A.
J. & J.
M. & S.
F. & A.
F. & A.
M. & 8.
J. & D.
J. & J.
M. & N.
A.
O.
M. & N.
F. & A.
F. & A.
M. & N.

New

M.

,ii

Mar., 1890
Offlcn.

do
do
do
do
London.

do

May

do

Nov.

PlUludelplila, Office.

do
do
do

1.
1,

April,

coup, due Nov., '77

do
do
do

Nov. 1, 1905
Mar. 1, 1875
AprU.l, 188-^
Jan.
Jan.

Now Y'ork, Office.

Feb.
Apr.

July

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

189a
1898
1911
1883
1905
1896
1882

1890

1896
1876
1876
Aug., 1877
Aug. 1, 1881
March, 1894
Juno 1, 1895
Jan., 190*
Feb.
Jan.

Boston, Office.
<Io

Sept.,

do
do
do
do
N. Y.. Kountze Bros.
Newark, Office.
N. Y'., Drexel, M. & Co.
N.Y'., Fanners' L.iT.Co.
May, 191.^
do
do
Feb., 1891
N. Y., Del., L. & W. RR. Feb. 30, 1876
do
do
1880*1885

common
three,

York,

6 per cent for three years, 7 for the next
for the next fourteen years.

and 8

Ohio <f; Mississippi.— .Kn abstract of the annual
report to .IiuH! 30 was given in V. 31, p. 322 and
464. The following comparison is for three years;
1872-73.

Earnings
$3,751,444
Operating expenses. 2,613,313

Net
Interest,<fec

1,141,109
1,038,137

•

1873-4.
$3.4T».074
2,540,880
931,198
773,138

1874-75.
$.1,404,479

3,3(0,969
86.3,510

815,472

The company nurchavd the Springfield & Illinois
Southeastern Koad March. 1875. for «4,0U0,000 in
bonds secured on the Sp. & I. S. road, and with privilege of funding coupons to Nov., 1377: of the same
mortgage bonds $1,000,000 were reserved, the proceeds to bo used for improvements. Since election
of directors Oct. 14, '7,i. the Bait. & O. interests are
more largely represented in the board. (V. 20, p.
215. 807, 290, 491, 477, 491; V. 41, p. 469, 332, 374, 396;
V. 24, p. 111.)
Oil Creek <ft Allegheny fffner.— Sold in foroclosnre
mortgage, Dec. 29. 1875. for JlOJ.flOI. New
organization made Jan.. 1876. as Pitts. Titusv. <t
Buff. RK. (V. 21, p. 40, 302; V. 34, p. 16, 1:35, 279,
•399)
coiisol.

499.)

Nort^ier/h of New .Jersey.- Operated by Erie at 35
per cent of grjss carniligf which in 1875 were

Oiwego Ml'Jland.-lntKTest

in delleceivers' certificates liave been
issued, and the floating debt, Sept. 30, 1871. was $«.474.649. Deflcit on operations, year 8;8 4, $2S«.38-2.
Latest funding plan V. 41. p. 378. (Y. lit, p. 6'2,
*«8, .151. 840; V. 40. p, m, 413. 36), 313, 501, 534: V.
31. p. 40,61 186: V. 44, p. 3"i2.)
<C
fanlt since 1878.

V.

Northern.

income

.•ipplicable to dividends in isrt-.'). $l.B!)1.!»3t), airaijist
$l,S78,iJ6 in 1873-1. (V. 20. p. «!; V. 2;, p. 15.)

New

$459,463.

cnpital etock of the company. The report
showed gross earnings of $4,676,1)00; expenses, »3,333,553; net earnings, $1,293,946. (V 19,
for 1874

;

York,

income.

upon the

207,533,570.)

New

1874-5.
interest.

above

23, p. 278. shows gross earnings,
$i,»26,-ii:: expensci. $3,ii2,ia3: net.
$1,564,124.
The total net income was $1.706,6.39, of which
$l.'J47.I76 was paid for interest and rentals, leaving

Pioston Uartf. & Krie.
The road was opeiated bv
the trustees of the Berdcll mortgage for several
years and conveyed to the \\n\- company in July.
1875. Gross earning'* (In Mass. I, 187t-.'>. *!I10,1~8
net, $137,100. (V. SO, p. 28M, 3811, 8!4; V. 31, p. 81,

Charleston,

,T

Northern Cenlrnl.—TM annual report for 1875 in

was formerlv

do
do

8.
8.

M..&

8

"3

CuRoMci.K, V.

21, p. 100.)

Shops, N. C.

,5

Stock held by Philadelphia city was sold
February, 1875. (V. 4J, p. 231, 403; V. 23, p. 1 34.)

Sold in forcclo«ure Mav 2,
(V. 19. p. 360, 5j:i: V. 40, p. 'US,

1878

.1.

265,500

surjilus

&
&
&
&
&

1878
1, 1876
& 1881
July 1, 1899
Mar., 1876
Mar., 1876
1877 & 1888

July

J.

$lHn,.')27.

SyracwM. — Inclndes old

Oswego

$750,000.

net. $512,I!)<;

do
do
do
do

M.&N. Baltimore & Philadel. AprU 1, 1876
Annapolis.
Irredeemable.
Baltimore.
& J.
July. 1885
A. & O.
do
AprU, 1900
& J.
do
Jan., 1877
6
do
July, 1900
6 g. J. & J.
do
July, 1900
««• A. & O.
A. & O.
do
April, 1880
do
J. & J.
Jan. 1, 1932
7
Ix>ndon & Baltimore.
J. & J,
July 1, 1904
!^'^1926
Boston, Office.
Dec. 1, 1875
21s J. &b.
187S
3%
J. &
J. (Sty, Hudson Co. B'k.
1878
New Y'ork.
July, 1900
7.30 g. J. &
New England Trust Co Jan. 10, 1876
J. &
J. &
do
do
July 1, 1877
6
J. &
do
do
July, '75 to '77
7
J.
&.
Boston,
Office.
Jan. 10, 1876
2
A. & O
do
April 1, 1876
4
'78 to '79
J.
&
3
do
Jan.,
8
6
6
6

North Pennjii/lvaiia.—QToaa receipts in year
*1. 417,731:

1884
1, 1876
1903
Jnly 1, 1894
May 1, 1895
May, 1896

3

Northeastern. S. (7,— Annual re lort for 1874-5 in
Gross earnings, $416,956; net,
20, p. 499.

York. ITousaionu; Jb J'brtA<rn.— Foreclosure
pending. (V. 81, p. SiV.)

I, 1876
1, 1876
May, 1000
Jan. 1, 1881
Oct., 1908
July 1, 1902

April
April

7

$173,441.

New

do
do

,1.

M. ifeN.

V.

real estate was retained.
The extra
April, 1876, was froai profits of city line.

and

StoekB—hami
Dividend.

N. Y., M. Morgan's Sous. April 10, 1876

M.
M.

of North Carolina holds $.3,000,00,1. (Vol. 16, p. 653:
V. 17, p. 155, 218; V. 40, p. 267; V. SO. p. 39 J.)

<t

Opdyke & Co.

M.'&N.

8
8
3

1,693,000

1,000

Y., G.

do
do

N.
N.

iiojirfs— Principal, When Due.

Grand Cen. Depot. Jan.

,1.

'4

1,4.50,000

500 &e.

J. N.Y.,

& A.
do
&
do
M. & N.
do
& J.
do
M. & H. Company
M. &. 8.
do
M. & N.
do

8

3,068,400
1,000,000
400,000
30,441,300
2,604,400
400,000
245,000
3,077,000
2,000,000
500,000
468,000
30,000,000
4,030,000
174,000
6,584,000
113,000
3,905,000
160,000
1,616,000
1,500,000
580,000
500,000
1 ,550,000
0,733,800
1,000,000

100 *c
100

66
66
122
12''

Preferred stock (7

dividend

1,000

ioo

Sinking fund txuids

railroad

500 &e,

74-'75

Equipment bonds

yew Tort

,500 \c.
,500 &c.

Boston.

&'j. N.

J.

3
3

96,000
820,000
226,500
3,978.150
1.930,500
360,000
1,500,000
2,035,000
5,842,000
1,500,000
1,490,000
1,126,000
302,602
2,599,000
205,000
1,000,000
3,000,000
2,964,000

1,000

New York.

J.

F.

6
7
6
7

899,3.50

500 &c.

J.

J.

&

do
do
do

O. N. Y., St. Nieh. Nat. B'k,

&

*

Central Depot.

do
do
do

.1.

2i«

837,000
3,000,000
1,000,000
380,000

500
50
500 d:c.

J. N.Y., Or.

N.

7
7

3,50,000

.500

.fe

J.

M.
M.

7
7

3,800,000
2,425,000
1,200,000
2,500,000
76,000
100,000

21
21

Preferred stock
ilissi^fiippi

67-'08

100
100
500
50
50

1869
1869

313
138
138
138
26
138
138
138

Xarwieh <£ IForr/^^/er— .St<tck
1st mortgage. State loan, sinking fund
3d mortgage
OgdtmburH if hake CAamptaid—Stock

^.

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

"56

Ist mortgage, State (Maryland) loan
'Jd mortgage, sinking fund, coupon
;td mortgage, sinking fund, coupon
Hd mortgage, Y. & C. RK. (guaranteed by Bait.)
Oongolidated mortgage, gold, couiwn
do
registered
do
do
Income convertible bonds, coupiui
Income bonds for roads purchased, eonpon
Consol. mortgage, gold, s. fund, coui). $ or £
Mortgage bonds (excli. for incomes of '7B)
Northern, N. if.—Stock
Xorthcrn of A'ew Jersey— Stock
1st mortgage
.Vorthern /'ncij'/e— 1st mortgage, gold, land grant

Oh-M

2,.500,000
1, .500,000

1868
1866
58-' GO
1869

J.

&
&
&
&
&

M.&'8.

2,000,000
8,000,000

100 ic.

56

1st

< rha ttel

7g

15,.5OO,0OO

100

ImproTcmcnt

(S. 6'.)—Stock,

1,.500,000

1873
62
62

3ex J.
3ex J.
M.
7
J.
7
7 g. A.

2,500,000
20,000,000
273,000

1,000

100

834
225
225

1 st mortgage, \\ estern extension
('.onsoUdjitf^d nutrtguge
X., Pror. if yjo«/uii—(.Stonlugtou)— Stock

KorOuattrrn

500ifec,

12<4 1873

K.

yorlh Caro/iii«—stock,

500 &c.

141

St<»ck
<f flartford
Portclifstcr, Ist n^o^tKapt^ guaranteed.
A', r. <e Ogtetf/ii ilidlaiirl—liit mortgage, gold
*2A mortgage, coiivertlble
'M mortgage., non-eoiivertlblc
;kl mortgage, eiiuii>ment

$7,500,000
1,500,000
10,500,000
108,444

1,000

1864

sV)

Harlem &

Amount

Rate per When Whore Payable, and by
Vaufc. lOutstandlng
Payable
Whom.
Cent.

".

is'i

notice of anr «rror dlacorered In tbeaa Table*.

INTEREST OR DIVIDENDS.

Size, or

For explanation

[April 29, 1876.

in

March,

1870, for twenty years to the Vermont Central for Interest on bonds, 8 per cent on preferred stock and on

Old Po'ony.— There are $34,000 5 per cent bonds
18Jt.
ToXaX earnin?s in 1874-5. $4,486,473; expenses, $1,413,1:15: net, $7.«.73J. (V. 31, p. 533.)

due

Omalia it Nori/iieest.-Vianied Interest 1874. Some
bonds and coup's exchanged for lands. (V. 24, p. 79.)
Oregon ct California.— BobUs nearly all placed in
Germsnv. After default in 1873. proposition-offered
by Ben. Ilolladav, President. (See V. 19, p. 480; Y.
2i. p. 375.)

Oswgo eft /?ome— Operated by the Rome. Watertown * Ogdenslnirg at 8 per rent on $30J,0OQ stock
and interest on first mortgage bonds.
Oswego •( 5yriw«.— Leased to Del. Lack. & West,
on bonds and 9 per cent on stock.

for interest

.

RAILROAD STOCKS AND BONDS.

April 29, 1876.]
futMcriber*

1

..

eonftr a rreat Ikvor hy glvtag Immediate notice ol any error dlecorered In tlirs*

'will

DKSCRIPTION.
For explanation of column
at the head of tirxt

Iieadlntpi,

Owemboro d

M

Uitiuuilhille—I

niort^riiKu (finkiiiK fund ^.'iO.OOO por annum)
Real CHtate <(l*'poU lnnidn
Dcht toft, lyouin Cimiity (no bonds)
Incoiiic blinds, (Kuarantocd Atlantic <St PaclUo)

Oaioiidcli'i Hraucb, let inortfcaKC
Iiex. ii St. I^uiH branch, iHt niort., gold,
'Jd

<t

100 Ac.

1870

21

Kid

Penntyfeanla—HUKk

8(19

Ist iiiortgngo
General mort.. Ph. to Plfts., coup, and reg
8tat« icn (pay 'ble In annual inst'lm'ts of $4d(>,000)
(Jonsol. mortgage, coup. A reg. (b. f. 1 p. c. yearly)
Penn^j/lvania <^o.—Common stock
i*rcf<'rr(d stock
let mortg.ai.'e. gold, (held Ity Pennsylvania RR.)

355

—

—

900,000
200,000
500,000
1,541,000
7,000,000
2,794,000
1,190,000
1,200,000

£200
'.500

500

Penniii/lvania <f \rw I'orfc— let mort., goarsn
Ist mortgage, guaranteed
Peoria <f liurrati V(///«y—Stock
Ptoria, Pekin it Jaclcgoiteille—lHt, mortgage

M moitgage
PeorimtKofk /.—1st mort.

Pcrkiomen — Ist mortgage

(after l^l.'JO.OOO lOs)

1,000
1,000

1873

1,000

29,2.50,000

.50
,50

3.000,000

1,000

7,096,000
1,083,000
519,000
1,.500,000
1..500,000
1,200,000
1,000,000
1,000,000
1,.500,000
621,000
1,200,000
1,324,200

(

1st

mortgage. Sunbury

&

1,000
1,000

1864

100
500 &c.
i',6oo

1867
1873

1,000

"82
82
82
36
36
10
287

2d moitgage
PhUadelphia <t Bait. CeiitiYii— Ist mort. (Pa)
2d mortgjige Pa.)
let mortgage (Md.)
Philaittlph i<i it a-ie—Stock, common
Preferred elxick

1873
1973
1873
1866
1866

DO'S 1870

18

Consol. mort.. gold, guar. P. &, R., (sink, fund)

P«ter«6«r^—etock
1st mort. bonds (payable $25,000 yearly)

100

.500,000

1859
1869
1866

100 &c
100 Ac,
100 &c,
30

1857
1861
1868
1869

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

(for $20,000,000), guar by P. R.
tt fleodi/i^—Stoek, common
Preferred etock
.Mortgage loans Inconvertible
Loan mortgage, convertible

.

.

1857
1836
1836

do dollar loan, gol(l,coup. or reg
do
Debenture loan (convertible 1870-92)
Improvem't mort. (dollar or sterling) sink'g fund
Oen. mort., $ and £ (sink, fund 1 p. c. yeiirly)...

& Iron Co.. guar.

mort. (for $30,000,000)
Philadelphia <t Trcnlon—Htoe)i
Philad-fl'phia, (icniianloim rf; .Vrt/vwtowa—Stock
Philadelphia, WUtninglon tt Baltimore— Stock
1 St mortga ge, convertible
Plain bonds, loan

.

.

26
20
100
98

t.— 1st <n., eons,

l8t moitgage, Steubenvllle <fe Ind„ reorganized.
& Newark Division bonds

Col.

Oieenfboro <C Ilm.ielt»l!le,—tiovf E\-ansvl'.le. Ow& Nashville. To be sold in foreclosnre.

cneboro

/V*;ifco/"JfM«H«'i.—Tload was leased July, 1873. to
Pacific Railroad and dividcnas guHrAtlantic
anreed. In Sept. and Oct., 1875, the price of stock
fell from 47S to 7'4. the principal causes being
$tiD2.9i«i in earnmgs since .Tanimry 1:
.1 decrea^.e of
the failure of A. & P. to pay the Ortober dividend
adverti.«ed, and the fact that the road was so heavily
The lease was
loaded with debt to .k.
P. Co.
surrendered Nov., 1875, and litigation is pending.
Interef^t on 8d mortj^age and on Lexington
St.
iMuin in default, Decemtier, IWS. (V. SO, p. 288.
4«, 1593; V. 21, p. 40, 37i, MWi. 41S, 418, 46fi, 4=9, S3J,
571, Mtt; V. i2, p. 10, 182, 3M.)
PaUucih & J/(,'mMi^.— Foreclosarc proceedings
commenced, but coniprnraisc afterward reported.
(V.ai, p. lU; V. 2J. p. 233.)
Prtfto/Ha.— A steamship line lately started. (V. 30,
p. 356; V. 21, p. 207, 211, 48!); V. Si, p, 88, 233, S47,

&

A

&

Parif

.3fiS.)

d;

Z)anel^.— Foreclosnre

in progress.

(V.

81, p. 188, 2!)?.)

Paris c6 Z>a;i<K('.— Consolidation. Now Illinois
Hldland. (V. Vi, p. 3J1; V. 21, p. tilJ.)
PaUrson <6 Avwor*.— Ijitely operated by Erie.
Stock is ti,V),COO.
Pekin, limHri <t Z)«:a('(r.— L»a«ed to Toledo.
Wabash A Western. To he sold in foreclosure
April 21, 1876.

(V. 2i. p, 217.1

/%niB«i?«r.— There

is

also a second mort-tragc for

May 1.1872. Coupons unfunded.
I't. Huron A L. M. .luly, 1873.
W. L.

Consol. with
Bancroft. Receiver.

—

(V. 17, p. l.W,

bX,

7113.)

The report for 1875 is given in V.
i*»n»l/tei7S»a
S2, p. itSii. In May, 1875, Ihe dividend was changed
to the rate of 8 per cent per annnin. The direct
funded debt of the eoniMny is t.')i),()OI,(XI0 ; in 1874
ttte Uut>iliiy.is a gnaruntor of principal and interest
was on }33,SS3,&0O bonds; annual liability additional on guarantees of interest or rentals, f 13,8Si,31S.

1,000

0.-500,000

9.588,000
19,900,000
13,413,500

100

1,2.59,100

•50

2,231.900
11,536,250

500
1867 11,000
1875
1868
1873
1H64
1864

J.

A
A
A
A
A

I'7
7
7
4
7
7

1,000
1,000

290.000
1,000,000
700,000
8:«),000

g.

8-

g.

Pennsylvania

2iu

6

.1.

«
O
6

i

j

|

9,3Wl.ii2l

113,010.000;

9,445,704

ia-),784,0?5

Pac.

Feb.,

July
Apr.

do

J,
J.
J.
J.
R.

Philadelphia, Office.

J.
J.

Philadclphhk, Office.

Oct.

Philadelphia

D.

July, 1»!N>
.Ian.

do

A London.

1876

do

Jime, 191
June, 1911
June, 1011
Jan. 1, 189R

O. Philiulelpbia or I>mdon Oct.
.1. liondon A Philadelphia.
July

do

-.25,

laso
1S86
1880
1880
188H
187T
1893
1893

ilo

do

W5T

Jan. 25,137(>

I'hiladclphia, Office.

J.

1,

March 31, imt
July 1, lUSh

1,/ondon.

J.

1913

Jan.. 187t>
Jso., lOOU
Out., 1991

I,«mIon

do
do
do
do
do
do
London.
do

do
dn

1W7

Jan.. 1«72
Jan., 1879-"98

1902

Phlladeli>hla, Office.

O.
D.

IHM

do

.

1,

lasrr

i, 1906
1892

PhlliHlelphia, Office.
April 10, 187«
Phlla., Treasurer of <;o. March 8, 187n
Jon. 3, ]87ti

July. 1884
April, 1887
Oct. 1, 18»e

April

1,

1900

Ang. I, 190(t
April 1, 1913
.May, 1884
Jan., 189U

Philadelphia <f .KiV.— Leased Fehmary, ISOi. !*•
999 years to Pcnu. Railroad, but without sbt i|w
antee of bonds. Gross earnings. 1875, $3.ai!^AlC"::
The Penn. Rtdlmad »*
net earnings. $I,137.4i3.
creditor $'23l.244.

(V. 20, p.

243; V.

8,

a:,p.au«-,

A Peading. —The net earnings •tf jaain

lines in 1874-5, wire $4,5;j0.7S8i agsiast
$5,720,205 in 1873- 1, and $.5,.i.'>7,766 in 18;S .••. JlacMBf
from other sonrees, $2.3I1,'89, against $<,S51Ji70 in
1373-1.
The trustees of the general mortgage fiold

and branch

the mortgage of the Cual it Iron Co. .\ compariboa
of statistics for three vears is as follows:

Gross earnings..
Op. expenses

.

Net earnings

1872-.3.
1878-4.
lS74-a
$14,832,661 $14,452,141 $I3.«B(V>I3T
9,474,895
8.731,916
g,l.»,Ii!»
$.5,720, aPS

$.';..3.57.76«

^Jsao,7«t$

Inc. otiiersonrces.

l.OH.'i.llfi
1,:«1.«70
<,31I,8B!>
44,181,716 .58.155,138 57.1»«,in
—(A'. 19. p. 17, 32. 51, .352, 480; V. 20, p. SW; V.SI,

Funded debt

p. 45'<;

V.

22. p.

100.)

Philadelphia A 7r«i/o».— l.eascd to Peocsy:T>aia
Railroad with Cnlted New Jersey companies
1»
per cent on stock.

M

.Vorrw/om.— Lessed
* Reading at IS per

Phl'.nde'phia, Oemuintmni <f
for 999 J ears to Philadelphia
cent, on stock.

Plitladephln.

mimlnotonif Bal/imore.-'Setetam-

a

j

ings, year cndiag Oct. :il, 1875. $1.24O..')03, leaving
small' surnhis of income above payment of 8 pelLast annual report in V. !& |>.
cent divideuOs.

156.
I

V. 22. p. 56, 344.)

* Reading,
f

Ornss earnings 1874, $340,145: net.
(Vol. 19. p. 351; V. », p. 392: V. 31, p.
V. 22, p. 135.)
Baltimore Cifn'ra'.—Operated for
P/tUaddpMa

A

1,
1,

June

du
do

Philadelphia

1876

1,

Feb^ 1900

do

do

Ph iladelph hi

82.n8!).l>87
8,247,8.52
Cnmpany is a corjioration dis-

A

A

A

.

Pekm

Pe/e/'sJari?.—

1905

interested.

tt

$103,373

<fe

15,

Oct.,

some time past. In Pennsylvania by trostoes of ftm
Phil., Wll. & Bali. !»flie«»y
mortgage bondholders.

Rock

84. 373;

I.

<fe

775,000

to Pliiladelphia

1910

Jmie

A J. Philadelphia A Boston.
do
do
& J.
do
A.
O.
do
A. A O. PhiI'delphia, Co.'s Office
A. A O.
do
do
V. A A. Phlla., Pa. RR. Office.
do
do
A. & O.
M'uthlv N. Y. Agent, 57 B'way.
A
Phila.,
Pa.
RR.
Office
J.
J.
.1.

Bnreiii r.rfi<» -Leased perpetually to
Island & Pacifle at $12.5,000 per year.
.7o<;tsonri h.—ln year ending
<ft
June 30, 1874, net earnings, $60,26!.
Peoria
Rock Island.—in hands of receiver. Defaulted in 1874. There are old 10 per cent bonds of
$150,000.
(V. -iO. p. 14H, 616; V. 31, p. 159. 319, 583;

J.
J.

q,.-3.

4

t!

Feb. 2, 187(;
Jan.. ISSU

Annually.

J. Philadelphia, Pa. RR.
do
O.
do
O. Phlla., I'a. Life A T. Co.

Q.-M.

3

3,<KH>,000

iVHionnn.— I*ascd

A
A
A
A
A

Various

7

tinct from the Penns.vlvania Railroad, formed to
operate all the leased "lines west of Pittsburg. The
stock is owned by the Penn. Ull. In Is74 the operationsshowed netprotltof |;H14,8)8, inelndingreccipts
from the Company's investments. A very complele
exhibit of the operations and dnaneinl condition of
all its leased roads was published in V. 20, n. 425,
Ac. (V. 18, p. 19J, 285.350, 60(, 5,s4, t'80; V. 19, p.
377, 47<, 504; V. 80. p. IB. 8ti. 267, 314, 4»; V. 21, p.
1.30, 361, 458, 592; V. 2?. j). 253.)
Penrunjlratiia tt Delaimre.— The lease of this road
to the Pennsylvania Railroad was ratified In 1874.
Previously operated under temporary lease.
Pemm/lmnlt <b !few yiwX;.- Operated in close
connection with the Lehigh Valley. Net earnings
Dividend of V,^ percent paid on pre1873. t44S,361.
ferred stock, t2,000,000; common stock 18*1,061,700.

Peor'm
Chicago.

A. N. Y., Chic, R.

A
A
U
5g.
A
6
M.A
7
T. A
J. A
A. A
J. &
6 g. J. &
J. A
J, A
A. A
6
Og. J. A
J.
J.
J.
J.

:

—The

I)

<&

^^.

2%

all operations cast of Pittsburg, in 187.'>, the report
$1,031. !I29 over all payments,
including dnidcnds. The following is a comparison
for fdur years on main line and branches in Pennsylvania
Total Stock
QroEs
Net
and Debt,
Earnings.
Eaniings.
1875
$20,4S.3,2nl
$]38,09(;,5«0
tS14r,388

1873
1872

A

do
do
J.

1,
1,

Feb.,

liWS
190a
1908
1908
Phlla., B'k N. America, June 1, M0C
do
do
June, 190ii

do

21-j

1,000
1,000

22,642,371
24.886,n0«
82.nl2,S35

I).

"iSW*

ises
1878
1900
May 188910*90
July
Jan.

Phlhulclphla, Office.

4'

7

do
do

1,

Jan. 15, imti
Oct. lu. IHB7

O. Pittsburgh Co.'s Office,
A.
Philadelphia.
A. Philwlclphia, Office.
O.
do
do

7
U

0,222,000
5.000.000

do

do
do

8

1,0<K)
],(K)0

l»7i

Philadelphia, Office.

7

shows a net surplus of

1«4

do

J.

A J. N. Y., Imp. A Trad. B'k.
A A New York and London,
A O. Phlla., 227 8. 4tli st.
AV.
do
do
A J.
A J. N.Y., Lancaster, B.iCo

I'-

6

Ix>»donc

Erie Railway Co,
N. Y., T. W. A W. KR.
New York.
Philadelphia, (jfflcc.

A O.
Q.-.M.

"3'

18(r.2

'JO.

Aug.. 18HH

Commence. Oct.

J. N. Y.,

A.

U

«
3

^ic

Feb. 1,

July

JuG, IHWI
May 1, IHK:
Feb., 18t»

Ixiuduu.

Q.-J.

6
5

On

Peoria,

*Mfl,000. ncfttultcd

1

ISiJS

200
200
117
33

(for $10,000,000) ....

2d mort^:age

('

of

New York and

Q.-F.

,t

1,000

.50

1872-4

A.
N.

6

1,0(X)
1,0<K)

do
do

8t. I.oul«.

O.

F,

A
A
7g. M. &
7

WbcoUM.

ahelu—ljmx
XMvidaod.

New York, Office.

i'j.

l,510..5OO
79,.500

2,700,000
10,688,000
7,000,000
968,000

A

ea.

8. N. Y., B*k Commerce.
h)pt..\t¥K
y. N. Y.. Atlau. & Piu'. RR May 1, IHK
O. N. \ ., M'k Conuiierce.
Oct. 1. 18U8
I).
do
do
Dee. 1, IMW

J.
J.

50
50

'

do
do

Fittt., C. <t SI.

305, 353,

715
750

7g. A.

•|«-

J.
J.

1,1.S8,900

N.

Q.-J.

7

182,400
967,200
495,900
134,400

do
do

A.i'o. N. Y., B'k
3

A.
A.

1,000

1836
1868
1868
1871
1871
1871
1873
1873
1874
1872

.1.

7
6

1843-9

do
sterling
do
do
do
do
Raet Pennsylvania Ist mort., sinking timd
Ix>an mortgage, sterling
Loan debenture
Loan mortgage
Consolidated mort., dollar loan, coupon or reg
do (fold, dollar or sterling
do

g.

1,000,000
5,000,000
3,000,000
8,680,000
32,725,775
1,551,800

Phil{uifl/>/iia

do
do

300,000
800,000
400,000
300,000
0,048,700
2,400,000

.50

mortgage
2d mortgage
2d mort., gold

6

(][

H.A
A. A
A

«,0<K),000

100

40
287
287
287

Erie

1st

<;oal

1,076,000
3,800,000
68,870,200
4,970,000
19,999,760
5,007,360

1870

4fi

83
83

.500,000

.tc.

1,000

"ho

41
44
105
105

H.

.500,000

69.'70

.

Delaware— Ifit mortgage

rf-

IM moitgapc

mont'ly

.T.

],(M)0

1

PenHsylvanin

7

pal,

by

Wbou.

A. N. y.. Imp. A Trad. N.B.
N. Y., At. .It Piu!. K. R.
N. Y.j U'k Commerce.

.1.

Tab

Hotutc—riiiH-i-

Q.-J.

2,700,000

1,000

'i(K)

47 1867
34 la
75 1872
12 1808
•(7
1871

(Sencral mortgage, Htcrling
DanriUe. Ist mortgage
>f Dceatiir, (111b.)— iBt mort., g'd, sink, f'd
I'alfrson rf .VfwarA*— l«t mort., guar, by Eric
Pekin, Lincoln ifi Decatur Ist mortgage
Peiiituulur (Mich.)— Ist mort., gold, sink, fund

Paris

8

7

V.

1>2

A.

2,500,000

47

Piivifi ti

8(X),000

700,000
500,000

8

K.

1,000

11.^

ronanwi— Stocli

Payable

lUmt.

7,(MK),000

],.

i',6()o

rNTKRKST OR DIVIDENDH.
Rate per When Where Payable, und

&
A
A
M. A

$1,500,000
7,000,000

5r>H

N. W., l»t mort., guar
Memphis— \»t mortgage, gold

Ijeavonworth, At<!h.
Piiditeah

&

guar

mortgage

Animmt
«'f^;"'!
Value. Outstanding

1872 $50Oibc,
100
1868
l.OOO
1871
1 .000
1872 500 *c.

1872
200 1875
15>2 1873
0.'i'4
1871

mort^rit^.'*'

do

uf

36
4H5
283
283

mortKaRe

2d

do

Date

of

Road. Bonds

iRt liiortKii^CC, (fold

iM

Miles

Ac, see notCR

pafnt of tables.

of Missouri —Stock

I'ofiflf

XXT

Pittsburg, Cincinnati <t St. f'lit.—This comp«Bjr
leases sevipral roads and Is iiwlf controlled by tius
Pennsylvania Co., which holds a majority of tk«>
capital stock. Coiiiinon stock. $2,508,700; Ist
Net sac
$2,928,6 X); 2d pref.. $3,0Cfl,i/X>.
1875, $743,^40. Annual report V. »1, p. IS.
20, p. -XU 'VSS, 4»6, 491.

SI

RAILROAD STOCKS AND BONDS.

XXVl
Sabscrlbors

iirlll

confer a sreat favor

DESCRIPTION.
For explanation of column
at the hood ot

llrat

Miles

—

2d
2d

do
do
do
do
do
do
do
do

2<l

ilo

2d

do

2d

ilo

3d

do

2d

o-g

-a.
§o
a*'

a
o

Wayuc &

,M

$100 $19,714,285

—

100

I8(!i:
18C.-J
186-.;

.")00 iVc,

4,100,()00
87ri.000

\-r.

.|(MI ,Vi-.

18(12

.")(«)

I8i;-J

.>(1() >>iC.

I8(i'.;

.">()()

ISOJ

.">()(> .Vc'.

18(i'J
18(!'J

."lOO \-c.

."il)(l

1802
1803
1802
1862
1857
1874

5tH) etc.

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

1868
1859
1876
16713 1871
66 1869
62 1870
1871
116 1871

100 &c.

£300
1,000
1,000

tt-

87r),(X)0
87.=i,000

7
7

M.

87.j,000
87.1,000
H(>0,000
8(10,000

7
7

860,000
860,000
860,000
860,000
2,000,000
100,000
1,000,000
1,000,000
4,000,000
400,000
6,500,000
20,000 p. m
1,800,000
800,000
1,124,000
2,300,000
700,000
350,000
450,000
1,500,000
2,500,000
770,000
486,000
2,000,000
500,000
650,000

7
7
7
7
7
7

".'

3,50,000

.

143
49
29

mortgage

liranch, Ist

Couimn Brtwdsot I'SSl
Richmond ^''Petersburg — Ist mortgage coupon ..

New

mortijage^.

Rockford,Jitidk

. . .

I, dr

St

1873

1870
1875
1868

23

Louis— latmort., gold

281
218
97
190
190
360
120

Rome, WaterUnen d Ogdensbnrg — Stock
1

1874

.'

St.

sinking fund mort. Wat.
,

&E

(ieneral mortgage, sinking fund.

-.

2<1 mortgage'. .,
Consol. mort., convert, till July, '79, coup
fiHWojirf— Stoek, common

,

,

1,000
1,000

100
100 &e.
500 &c.

ia.5.i

1861
1872
1874

1,000
1,000
100

Preferred stoek

Equipment mortgage bonds
do

!
.

'

Denver 6'i(i/— 1st m. gold, E. dlv
Western division, land grant
d Terre Haute— ^toc^
Preferred stock (7 per cent yearly, cumulative)
1 St mortgage .(.series A) sinking fund
) g
1st mortgage (.series B) sinking fuud
s 2'^
2d mortgage, preferred (series
.7? »
2d mortgitge, preferred (series D)
Aex^
2d mortgage, income.
Equipment mortgage
Jy £S
St. Louis, Iron Mountain d Souiherii—Stock
1 St mortgage, coupon
2d mortgage, gold, coupon, may be registered
Joseph

<6!

1st mortghge,
Louis, Alton

,

£t.

1864
1864
1864
1864
1864
1870

t-.:

I

(,')

I

(

Cons. M. gold

(s. f.

after 1880), coup.,

ArkansasBrauch,
t'airo,
CSiiro

A

maybe

reg.

Ist mortgage, gold, land grant
Texas, 1st mort., gold, coup, or reg.
Fulton. 1st mort.. gold, on road and land.

d

Pittsburg, Fort Wayne
CAicajo.— This company
having previously earned a surplus above 10 per cent
dividends, was leaseil July 186 1. for fi99 years, to
Peuiisylvaiiia Railroad, at a rental equivalent to interest, eiukiug fund of debt, and 7 per cent on $!!•.V14,2Sti stock, whi'-li was increased at that time from
$1 l..WO.(X)0. The lease was transferred subsequently
to the Pennsylvania Company. The lessees to keep
the road in repair, and also pay taxes, expenses,
etc. Pittsburtf, J:ort Wayne
Chicago leases the
Newcastle
Beaver Valley and the Lawrence roads;
which in turn- are leased again by Pennsylvania Companv.
New stock of $4,lf)Juup, issued to Penn.
Railroad for improvements, Ac, is under article IB
of lease; giiatanty on old stock not affected. Net
earnings. )S75, $3.S7S,398. (V. 20, p. 425.)

&

&

PUffbiirg fnrglnia ,t- Vfi.arlefton.—Ot these bonds
the Pennsylvania Railroad owns $500,000.
FUlsburg Washington Jk Baltimore.—This was formerly Pittsburg & Ooniiellsville. Interest was in
default to city of Baltimore, which owned a large
amount of the bonds, and a transfer was made May,

&

1815, to Baltimore
(Jhio RU. for $l,OiiO,l)00. (V.
18, p. 528; V. 19, p. IV; V. 20, p. 291, 546; V. 21, p.

161.)
Plymmth, Kankakee
V.

V.

19, p. 120;

<t PaciUc.—ln foreclosure.
20, p. 314, 491; Y. 21, p. 372.)

Port Huwn tt Lake J/ic/iiyan— This forms part of
the Chicago & Lake Huron consolidation, with Peninsular of .Mlcliigan. Interest was in default Nov.,
1873, and coupons funded for three yi'ixrs.
(V. 18, p.
192, 253, 37(1, 455, 608; V. 20, p. 357; V. 22, p. 875.)
Portland rt Oadensburg.— The tw" (I ''l"ions were
consolidated March 1875 as one company, and a
mortgage of $8,000,000 on whole line proposed. In
March. 18TB, Co. passed the interest on Portland
<:ity bond?.
(V. 21. p. 130, 396, 613; V. 22, p. 182; V.
22, p. 304.)

PorUand

Kochester-TMs is the old York & Cumout in 1865. Net carulnaa year endina

tft

berland sold

August

686
210
210
686
100
72
300

&

Ark.

3), 1875, $3.3,659.

100
100 &c.
100 &c.
100 Ac.
500 &c.
100 Ac.
100
100

1870
1870
1872
1869
1870

120
120
120
112
170
266

do

New g.'uctSl mortg.age
81.

1,500,000
7,000,000
1,925,000
4,000,000
508,486
157,800
1,768,500
1,092,000
500,000
500,000
67,778
299,917
295,500
175,000
50,000
9,000,000
3,147,600
799,900
1,200,500
1,000,000
3,000,000
2,479,700
4,168,700
500,000
500,000
1,192,000
1,.500,000

10

Northwestern, N. C, 1st mort., guar
Rieh'd, treitti-icksburg d Polonmc—Bonds, ster
Dollar loah ...

5, .500,000

2,300,000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000

1,000

500 Ac.
1,000
1 .000

500 Ac.

300,000
19,479,653
4,000,000
0,000,000
1,617,000

1,000

100
1867
1872
1874
1870
1872
1870

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

PorUand, Saco

&

1%

S7.-|,()00

ic.

100 &e.
52»3 1867-9 500 &c.
531s 1870 500 &c.
52I3 1871 500 &c,
Portlatitf, Saco d- Povtsmmtth —Stock
52
100
J'orl Royal {S. C)— 1st mortgage, convertible, gold. 111% 1869
1,000
Portsmouth, Ot. Falls
Coiurau—Stock
71
100
Bonds (not inorf.) guaranteed by Eastern KR
71 1872 500 &c.
Prorideure d; Worcester — Stock
67
100
Mortgagdbon<is..
44 1870
1,000
Seadiny d Columbia — Ist mortgage, coupon
.50
1862 100 Ac.
2d mortga-ge, coupon. ,.
l,00t)
50 1804
Peadiny dfjeJtiyh — 1st mortgage
Rensselaer d Saratoya — Stock
isi
ioo
1st mortgage, con.iolldated (for $2,000,000)
181 1871
1,000
Rlchmond'd JJanville— Stocks.
142
100

Piedmont

2,.500,000
1 ,500,000
8.000.000

7

7

8

?«•
6

6g.
7g.
7g.
6
6

^'•
7
6
3
6
4

6
7
7
"4'

Jan. I,'l876
Nov., 1921

J.
J.

a" J,

6

M.

A
A

Richmond,
do

J

F.

I'- J.
M.
7
J.
7
7
7

J.

A.

"3138 P.

M.
M.
M.

7
s
8

8

g.

8.g.

F.
P.

Richmond,
do
Richmoud,

1875
1875
1881
1880 to '86

Offlcc.
Office.

A A. New York and Ivondou, Aug:,1018
A J. N. Y.,Farm. L. AT. Co July 15, 1875
do
A 8.
do
Sept. 1, 1880
do
A D.
do
Dec. 1, 1891
do
A J
do
Jan. 1, 1893
do
A O.
do
July 1, 1904;
Boston, Treasurer,
AA
Feb. 2,1875
A N.
do
do
May 1, 1880
do
A 8.
do
Sept. 1, 1880
do
A N.
do
Nov. 1, 1902
A A. N. Y., London A Frank
Aug., 1899
A A.
do
do
May 15, 1900

"3'

7

J.

7
7

A.

7
7
10

M.
M.
M.

F.

A
A
A

N. Y., Office 12 Wall

do
do
do
do
do

st

do
do
do
do
do

.1.
.1.

18,

6,' 1874
1894
1894
1894
1894
1894
1880
Feb. 15, 1873
Aug. 1, 1893
M,iy 1, 1897
April 1, 1914
June 1, 1897
June 1, 1897
Jan. 1, 1891

July

J.

O,
A.

A N.
A N.
A S.
New York oflfict^.
3
F. AA. N.Y.,OflUe 20 Nassau St
7
7g. M. A N. New York or London.
do
do
7 g. A. A O.
A D, New York, Co.'s Office,
7g.
A D.
do
do
7g.
do
do
7 g. J. A J.

—

Rockford, Rock Island <£ St, Louis. Sold in foreclosure August 16, 1873. for $1,3211,000. $5,000,000 of
the bonds have a priority. Distribution after sale, V.
22. p. 135.
(V. 21, p. 87, 110, 160, 186, 2(17, 231, »15,
319,

39(i,

458, 489;

V.

32, p. 135, 182, 3i0, 375.)

&

Ogiensburg —The last report,
in V. 20, p. 31 1, shows gross earninffs in 1874 of
1,132.868; expenses, $770,2.56; net earnings, $.362,611.

Rome, Waterlmvn

Worcester,— "Sel earnings year end187.5, $230,278;
floating
s debt,

Columbia.— Th\& road is operated and
A Reading Railroad.

J?'/Wan<f.— Leased January, 1871, to the Vermont
Central. Terms ^loditlcd in July, 1874.
Default
made on rental, and leisea^oin modified. (V. 19, p.

c6

30,

•.,

690*

;

120;

<fc i^Ai^A.— This was the Berks Coimty
road; sold out, and leised to Philadelphia A Reading, March, 1815, for 99 years. (V. 2 J, p. 63, 267.)

Remstlaer <fe 5ara(:/(7a.— Leased May 1, 1871, to
Delaware & lludsou Canal Company, which pays interest on bonds and 8 percent on stock.
In 1872-3
the net surplus to lessee was $201,597. (V. 20, p. 244.)

DanviUe.—GToaa earnings 1874-5,
$923, U5;
net, ;$323,447. This company leases the
North L'aroliua Railroad and the Piedmont Itililroad,
and forms a through route with the Atlanta & Richit

;

mond Air-Line, 'fhe Penn. Railroad owned $600,000
stock of the Richmond
Danville, and took $1,000,000 of the new bonds at 80. (V. 20, p. 8, 291, 568

A

V.

22, p.

V.

20, p. 186;

Richmond, Fredericksburg

«£

St. .Joseph

<fc

V.

21,

p.'185,

190;

V.

22, p. 209.)

Denver CS<y.— The road was sold In

foreclosure Nov. 4 and

5,

1S75.

(V. 21, p. 40, 418;

442, 505; V. 22, p. 234, 297.)
St. Louis, Alton
Terre Haute to E.

<f 7'«rr«

HaiUe.—Tbe main Uae

St. Louis— w.;s leased June, 1967,
for 90 years, to Indianapolis
St. Louis at 30 per
cent of gross earnings up to $i;,0U0,0(X) (but in no
year to oc less than $t5(*,000). In 1875 gross earaings were *l,0I9,a3r. against $1,254,136 in 1874. It»
1872 the company paid three years' divid&nds on
preferred stock in the same, increasing said fctock by
$4«!,40e.
The Belleville Branch aiid Exleneiou
earned net in 1375. $103,691. (V. 20, p. 380,546,
571; V. 21, p. 61; V. 28, p. 351.)

&

180.)
<t

Potomac.

— Gross

earnings, $382,298; expenses, $180,049; net earnings,
$2U2,24J. (V. 21, p. 6ia.)

Richmond

1888

Ix>udon.

6A

r

do

New York or Richmond

Reading

«1, p. 614;

Jan,

do
6-70 A. A O.
6 g. .1. A J.
7 Various
8
A. A O.
8

controlled by the Philadelphia
Floating debt, $.,093,45)4.

V.

1912

Against the bonded debt the companv holds $617,183
in sinking funds.
The Lake Ontario Shore Road
has been consolidated with the Rome, Watertown te
Ogdensburg, and is in progress to Niagara. (V. 19,
V. 31, p. 442).
p. 169; V. a), p. 8, 163, 31 1

(V. 21, p.

Riclimond

1,

1886
1, 1875
1875 to '90

Office.

N. N.Y., City Nat. Bank.

i«-

31, p. 73.)

ing September

Jk

Y., Nat. B'k Com'rcc.
N, N.Y., Del.A H.Caual Co.

July

a" J. N.

"o'
6

setts.

Reading

April 4, 1870
April 1, 1876

A

Portsmmlh, Great Fatts <6 Co«7»(jy.— Opened in
1872, and is leased by Eastern Railroad, MlassachuProvidence

Wiuslow.L.AOo.
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

J.

M.

.

V.

A

& A.
July 1, 1912
July 1, 1912
& S.
A. & O.
July 1, 1912
M. A N.
July 1, 1912
July 1, 1912
J. A D.
J. A J.
July 1, 1912
P. A A.
July 1, 1012
M. A S.
July 1, 1912
A. A O.
July 1, 1912
M. A N.
July 1, 1913
J. A D.
July 1, 1912
A. A O.
July 1, 1912
J. A J. N. Y., Wlnslow, L. A Co. Jan. 1, 1887
M. A S.
do
Mch. 1, 1884
do
Philadelphia.
J. A J. Bait., Bait. A Ohio RR
July, 1898
F. A A. Pittsb., First Nat. Bank Aug. 1, 1882
J. A J. London, J. S.MorganACo
J. A J.
New York.
July iV 1901
M. A N.
New York.
May 1, 1899
J. A J. Boston, First Nat. Bank
Jan., 1900
M. A N.
do
do
Nov., 1901
M. A N. New York and Boston
May, 1891
J. A J. Boston, Columbian B'k. July 1, 1887
do
A. A O
do
Oct. 1, 1887
Various
do
do
Sept. 1, 1891
A J
Boston, Offlcc.
Jan. 1, 1876
M. A N New York and London. Nov. 1, 1889
J. A J Best., Eastern KR. Co. July 15, 1873
do
J. A D.
do
Dec. 1, 1892
Providence, Office.
J. A J
Jan. 1, 1876
J. A J
do
do
July 1, 1880
M. A 8. N. Y., Union Nat. Bank. Mch. 1, 1882
J. A D. Columbia, First Nat.B'k
June, 1884
J.

7

Port Iloyal.—T\\e Georgia Railroad guarantees
$500,000 of these bonds; balance in default. (V. 20,

$l,370,i).0.

— I^aat

Dividend.

.1.

I'-

Portsmouth— l,e&sed March

M

g.
g.

1871, to Eastern Mass. Railroad for
years at lu
per cent per annum; modilled Dec, ISfS. to 6 per
cent for two years. (V 21, p. 372, 434, 592.)

p. 291, 4.53;

when Due.

Stocks

N. Y.,

li<t

J.
F.

cVc.

500 &c.
500 &c.
500 &e.

149
10
149

State sinking fund loan
;
Bonds, guaran teed by State
Oonsolidal*<l mortgage, coupon or registered
New geneifftl mort., gold (for $0,000,000)

29, 1876.

any error discovered In these Tables.
JCoad 8— I'liiMINTEUE8T OK DIVIDENDS.
pal,

7
7

.tc.

.">()()

gold

PiWib. dc VonneUstiUf. Iftt mortgage
ist
do
Turtle Creek division
Consol. liKntgage, (guar. B. & O.)
riymouih.Kank. A i'ac— Ist m. ($3,600,000)
Fori Huron d I,. Mieh.—\fX mort., traf. guar
Porttanil it Ogrinmb.—lst mort., E. D., gold
New mortgage (for $3,300,000)
l8t mortgage, Vermont Div., gold
Fortl. <£• /;orA«»/er— 1st mort., s. I. (Portl. loan)
1st mortgage, ennal lien
2d
do
(Portlaud loan) sinking fund

ot

il

i

1871

Chic, construction hondg.

Eqiii)>weut lM)nils (renewed)
PiiUtb.f Vii. rf Ofiarlegton—l»t mortj^age,

Immediate notice

[Ap

Date
^Par^l Amount Rate per When Where Payable, and by
of
Bonds Value, Outstanding Cent. Payable
Whom.

46S
4G8
408
468
468
468
468
468
468
468
408
468
468
408
468

sa

do
do
do
do
do
do
do
do
do
du
do

Pittslmrjr, Ft.

bjr slvliiz

lieadlngs, &q., sec notes
of
page of talileM.
Boad.

Pillxbttrg, yi. Wayne rf Chicago Stoek, gimr
8i>ceinl improvement xtoek, guaranteed
l»t mortgiigu (Borics A)

iHt
l8t
l8t
iBt
l8t

—

;

,
.

Peternlnirg.

—(Sross

earnings year

Miding Sept. 30, 1875, $161,9:«; net, $78,251. Bonds
due and not presented, $99,500; bonds paid off.
$50,500. CV. 22, p. 15.)

—

St. Louis, Iivn Mountain
<fi
Southern, Qross
earniuffs,
$3,802,941; net, $I,61:l,92.1. Con1875,
solidation was made in 1874 with Cairo
Fulton
and Cairo, Arkansas
Texas. In March, 1875, the
company issued a proposal to fund three connooii

A

A

on all bonds except the old firsts, which has been
substanfiaUy carried out. (V. 20, p. 844, 616; V. 21,
p. 614; V.

22, p. 309,

33 f.)

,

..

.

RAILROAD STOCKS AND BONDS.

April 29, 1876.]

Sobacrlbers will confer a xreat favor
de8(;ription.

glvlnz immcdlata notl«« of any error dieeoTered

bjr

Miles

Size, or

of
For ezplanatiou of colunin bendtnm, Ac, Bee notes
Road.
at the boad of lirHt page of tablca.

Value.

582
354
354

1,000
1,000

Kansas Clly <f .V.— Stock (ij;12,000,000 pref.)
iHt inortKiiK"' (Noifli MlKHOiiri)

81. L.,

railway iiiort. (for $3,000,000)
Kcal
St. iMuix, Lairirnce t(: /rture;— iHt niort., Rold
Soulhfuilcrn—lut
Louis
<t
m., nolil, roiiv. s. fiiud
HI.
('onKolldittcd iiiort>;ii^e, gultl, Htiiklnx fuud
fctiitiMiiHl

.

EvaiiHVlllr. Hi'iidiTHon <& Na8livtllc, l8tiiu>rt
iMUis, Vanrlttlia it Terre llaule—lKt in. s. f. ifHtir.
2d mort., Kink, f., Kiiar. ($1,000,000 cou. uotKuar)

81.

—

Income bondn

Paul <f /ari'/Zf— Uranch, l«t mort., on 10 nilloa
iRt inortKat,"'. Hf. Paul to Sank KapidH, 80 miles.
2d mort. on HOni. and l»t on 1. )!;r. of 307,200 acrs.
l8t mort., WpHt or main line, land (trant

2d mort., WcHt or main line, land grant
1st mort, St. Paul & Pat'itl<' land grant
Paul Sioux t'i(i/— Pref. stock, various Issues..

SI.

c£-

Stock

Saeramoilo Valleu, (Cat)— \fit moi-tKago
Sandusky, Mansfield tt A'eira/7c—Stock
Ist mort.. npw"
Saraiinali <e Charleston C & S., guar, by

—

Fimdod

int.

Savannah

bonds,

&
& Cliarleston RR

8.

Savannah

1st mort.

8. C
C. KP.., guar, by 8. Car.

Memphis— l»t
FaHcy— Stock

it

Schui/llcill

Seaboard

laort.,

(jeneral mortgage for $.'i,O0O.0(X)
Shamokin ValUy PotlscilleSXock
Ist mortgage, gold, on road and lands
Sheboygan it Fond du Lac— let mortgage
Ist mortgage extension
Shenanffo tt A lleghanu— let mortcfage
(

—

2d mortgage (government subsidy)
Siottx City it SI. }'aut—l»t mortgage, gold, I'd grant.
1st mortgage, currency for $2,l(k),(X)0
*om^r»e«— 1st mortgage, gold
South Carolina — Stock
Ist mortgage, sterling loan
do
dollar liouds, (L)
2d mortgage (for $3,000,000)
Domeetie bonds (I)
Domestit^ bonds (K)
So. it So. Alabama — 1st mort., endorsed by Alabama
Sterling mortgage, guaranteed by L. & N
Southern of Ijong Island— Int mortgage (S. Side) ...
2d mortgage S. Side (1st mortg. s. fund)
Mortgage bonds Souttieni of L.I
Southern Central (X. r.)— 1st mortgage
2d mort. gold (:^00,000 end. by Lehigh V. RR.).
Southern, Iowa d- Cellar Rapids 1 st mort. gold
Southern Minnesota-ltit mortgage
2d mortgajfe
SQuthernPacific (Cal.) — Ist mortgage, goUl
Southern Pennsylvania — 1st mortgage, gold
Southwestern (Oa.) Stock, guarant'd? per annum
Company bonds, convertible into stock at par
Muscogee RR, bonds, convertible at 87 "a

—

.

,

.

—

—
—

Springfield, Athol it X. E. 1st mortgage
Springfield, Decatur it Illinois.— Ist & 2d mortgage
Sterling Mountain (.V. 1'.) 1st mortgage
Stockton it Copperopolis—lut mort. (giiar. by C. P.)

Syracuse, liinghamton

<t

St.Louls,

is

i22
124

—

&

This road

is

leased to Terre Haate
Indianapolis at ,'35 per cent
earnings.
Bonds guaranteed by Terre
llaute
Indianapolis, by Columbus. Chicago
Indiana Central, and Pittsburg, Cincinnati
St.
Louis. (V 18. p. 631.)
St Paul rf! Pacific. The bonds are nearly all held
abroad, and an agreement for re-or<ranization was
made by Dutch bondholders Nov , 1875. (V. 21, p.

of gross

&

&

A

—

186,845, 442; V.
iSt

il'2, p. 88. !5», 209,
281.)
<t
oux t'i(y.— This company
70^.4:i6 acres.
The socks are

S

Paul

fn'ant of
liens, there

has a land
secured by

being no bonds issued.

(V. 19, p. 191;
316.1
Sacramento r«//«j^.— Bonds fell doe July 1. 1875,
aadSp.c. notes offered in payment. (V. 21,p. 15.159.)

V. 80, p.

544,

Sandusky,

MamflM
A

<e

.Vewart.— 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. 581.1
Saoannah <t C/«irfc«(ort.— 'nterest in default. Road
in hands of State Comptroller.
(V. 20, p. 45.^,491;
;

4

V.21,

p. 16.)

Savannah
Memphis.— The road was in prosjess,
bat became embarrassed after the crisis of 1873, and
passed Interest. A funding proposition was offered.
rv 19. 0. *Ki.)
SchuvlkVl VaUey.-lA'xi^xi to Philadelphia A Reading, with 10 per cent dividends.
lir.

1,000
1,000

1,240,000

183
183
57
57
69
116
116
87
170
170
386
24
257

"ioo

48^ 1871

"7

705,000

500,000

100 Ac,

1865

1,600

30
ioo

18.56

1,000
1.000
1,000

1867
1871

917,000

7

7

1869
1873

7
3

1,000

800,000
800,000

Seaboard

M»rch

&

Roanoke.

187). »ISl,1.'i2.

1,

—Net

I

7
7
g.

earnings year ending
21. p 476.

Report V.

Gii^f.— The proposed lino was
Pollard, 100 miles. Interest in default.

Selmx

(fc

Selnui,
17, p. 156.

Mariot
B.'iO;

V.

*

Selma

Jfem/jAw. -Defaulted 1872.

to

(V.

19. p. 366.)

—

SeJma, Renne A Dalton. This was formerly the
& Tennessee River. Interest in default
and road to be sold. (V. 19. p. 40.)
Shamokin Valley <f PoW*ti^fe.— leased February,
18(J.3. to North. Cent. at7i).c. on boiulsand6onstock.
Shehoypan dk fond du Lire— Thin is one of the
Wisconsm roads in progi-ess in 1873 which went to
defiuilt.
A funding plan has been offeretl.
Shenango <fc AVeghanu. This is one of the leased
lines of the Atlantic & (ireat Western, on which
The net earn"rental trust bonds " were issued.
ings 1873 were $8<),l<51.
Shore i,i;i«.— Leased to New York A New Haven
at JlOO.ntX) per year. Old stock was exchanged for

Alabama

—

new

in .July, 1873.

Sioux City cjfc Pacific.— Th\fi is one of the United^
States t^ov»;mment slibsidir.ed roads. For year ending .Tune .30, 1874, gross earnings were 319. H19. and
net earrnngs {.Vl.tiS. Pays 7 p. c. on pref. stock,
O. (V. 20, p. 8.)
$169,80.1, semi-annuslly, .<.
Sioux City it St. Paul.— There are also $485,000 2d
-

&

mort. bonds and Sl60,0i)0 equipment. Net earnings
in 1<'74 were t89,.3«5. Lands, ii29,»« acres. (V. 16,
p. 627; V. 19. p. 191: V. 20. p. .544.)
SomerMl.— This road is leased to Maine Centjal.
Sou*h Carolina.— <iTo^» carnincs in 1875, Jl.'JtS,net earnings.
3.12: operatlns expenses, $7.S0.7i7:
Annual
|;-14S,.5ri (a decrease of $66,881 from 1874.)
report, in V. 22, p. 398.
Soidh A North A'nbanm.—Th\* road is leaded and
operated by the Louisville A Nashville, whicli guarantees the"bond8. Preferred stock, tl,5'J0,0O0. (V.
18, p. IWJ.)

Southern of Long Islnni.— This,

is

succssorof

So;ith Side, and operaled witli Flushing N.
There
Central under one management.
$60,000 6 p c. mortg. bonds on Rocknway
and $64,'i00 7 p. c. on Southern Hempstead

March

do

Jan.

N.Y.. I.jinciu<ter,n.A Co.
Philadelphia, Office.

A Trad. Bk.
N.Y.,Roddey, Bell A Co.
N. Y., H. Clews A Co.
N. Y., Imp.

New York Office.
do
do

do
do

Sept.

May

1877

1,
1. 1890
1, 1889
1,

1890

Jan., 1876
Nov. 1, 187.'»
1880

Jan.l,1890
Bept.

Jan.
Jan.
Apr.

PhlIadelpbla,Treasurcr.

1,
1,
1,
1,

188»
187218641

1887

Feb., 1870.

do

do
July, 1901
N. Y. City Nat. Bank.
June, 1884
do
do
Oct., 1896
N. Y., N. Bk. of Com'rce. Ai>r. 1, 1889
N. H., Nat. N. H. Bank.
Jan.. 1876
do
do
Sept. 1. 1880
N. Y., N. Park Bank.
Jan. 1. 1898
U. 8. Treas.. at maturity Jan. 1, 180a
N.Y., Metropol. N. B'k.

do

do

Nov., 1901
June, 189£

Charleston, S.W.RR.B'k

May, 187*

Macon.

1886
1872 to '76

Boston, EUot Nat.

New

.T.

.500,000

1,988,1.50

A J.
A J.
iJ. A J.
Dec.
!a. a O.
IJ. & 1).
'j. A
F. A A.
J. & J.
A. A O.
J.

"7'

4

2,.502,2.tO

IstN. Bk., Sandusky, O. AiMll 1, 187!V
Union Trust Co.
July, 1902

Charleston, 1st Nat. Bk.
New York,

Various
Various

7

2,000,400
1,400,000
270.000

50

July 'lV'l87V

J.
J.

U

1,096,1500

"bo

A Co.

N. Y., E. Kelly

London.
A J.
1882 to '88
New York.
A J.
1882 to '88
A. A O
do
7
Oct. 1. 1902
A. A O.
Charleston.
April. 1891
7
do.
6
J. A J.
1880 A 1892
N.
Y..
Drexel,
J.
A
J.
M.
A
Co.
Jan.
8 g.
1, 1890
6g. M. A N. Loudon, Baring Bros.
M. A 8, N. Y., Oallatin Nat. B'k Mar. 1, 1887
7
M. A N.
do
do
7
May 1, 190O
do
M. A N
do
Nov. 1, 1879
7
F. A A, N. Y., Vermllye ACo.
7
Aug. 1, 1899
do
do
Mar. 1, 1882
7g. M. A 8.
May 1, 190O
7 g. M. A N
A.
N.
Y.,
P. M. Myers A Co.
A O.
8
1878 to '88
do
J. A J.
do
7
1890
6 g. J. A J. N.Y^.,C. P. Huntington. Aiiril 1, lOO.^iMar. 1, 190O7 g. M. A 8.
31.2
J. A D. Savannah, Cent. RR. Ga Dec. 30, 1875'

5g-

9.59,500

50O,(KX)

1875

a'.t. N. Y.,

Q.— F.

1

5,819,275
1,483,777

64,000
391,000
5,355,000
750,000
1,500,000
500,000
1,500,000
600,000
1,.500,000
3,340,000
1,252,000
14,346,000
025,000
3.892,300
399,000
300,000
410,000
3,650,000
350,000

J.

J,
J.

.1.

V'

450,000

1868 Various
1868
500
1872
1866
500
1868
100
1870
1,000
1873
1867 500 Ac.
1870 500 Ac.
1874 .500 Ac.
1869
1.000
1872 100 Ac.
1870
1,000
|868
1868
1,000
1870 500 Ac.

A
A

M.
M.

1.200,000

—

pref. Jil.281,7i'0.

1871
1871
1871

189r

1873 to '75

J.
J.

A 8.
A S.
A J.
8 g. M. A N.
2I3 J. A J.
4
M. A N.
J. A J.
7
A. A O.
8
M. A 8.
8
7
J. A J.
8
J. A J.
A. A O.
7
3
F. A A.
A J.
?«• J.
J. A D.
A. A O.
8
A. A O.
7
4
J. A J.
7 , M. A S.
6
J. A J.
6
J. A J
M. A N.
M. A N,

694,(X)0

100

242
242
242

o

7
6
7
7

1,278,400

1865
1868

1,

M.

8

505,000
111,800
500,000
16,000 p.m.
576,050

1,000.000
200,000
1,629,000
1,628,020

July

J.

7g.

1,037,553
2,306,500

500 Ac.
100
100 &c.
500 &e.
500 &c.

i'sM
Aug.. 1902
Nov.','

<,'o.

210,000
10,000 p.m.
16,000 p.m.
838,500
241,000
3,000,000
50
860,450
500 Ac.
1,994,000
750,000
1,000

1871
1864
1871
1869

1904

1.

S<riit.

.1.

1,000
1,000

"so

Kansas Cily& NortJiem. —Ha\f the s'ock

$2,3r8,'l.')S.

1,000

100
100

45
20

Louis, Lawrence
Denver. Leiiacd to Pacific
of Mo. A decision of much mterest to bondholders
of Icnseil roads wa.'i rendered by.Indse Dillon in a
suit againpt the lessee for interest, hut that salt was
discontinued, and another brought in name of Trustees.
(V. 19, p. 877; V. ai, p. 3?2.1
St. Louis
SOKVieastem. In default and in hands
of receiver. .See report at length in V. 22, p. 1 8 U.
(V. 21, p. 187, 418, 442; V. 22. p. 88, 180.)
St. Louis, Vandalia <e Terre Haute.—The com.

itock

500
100 Ac.
500

1870
1869

.jO

81
81
81

is pref., 10 per cent yearly, but not cumulative.
Gross earnings in 1874, t2,4(K),6.)0; net, $661,027.
(V. 19, p. 190, !M8; V. 80, p. 475, 571; V. 21, p. 160.)

&

1,000

r>o

73

S

1869
1853
1868
1869
1870

100

(for $1,(>00,000)

•S'^

10

50

23
80
'46

Ist mortgage
2d mortgage

1 St mortgage
Bonds ot 1873

1,600

1802
1864
1868
1871

July 1.1805
I

A J. N. y., Third Nat. Bank. Jan. 1, IHtr?
do
do
A N.
May 1, 1898
Office of Trensuivr.
March 1
7
March 1, 19UL
8
M. A 8. N. Y., Manhattan
1892
N. v., Drexel, SI. A Co.
7
J. A
1892
do
do
7
J. A D.
189-.i
Ixnidon.
7 g. M. A N.
do
7g. M. A y.
7
7

120,000
700,000

80
250
207
370
121
121
40
116
110
101

N. y.—Stock

Syracuse Sorthern. — Ist mortgage
Summit Branch (/'a.)—Stock
Sunbury it Lewislon — 1st mortgage, gold
Terre Haute tt Indianapolis—Stock

1856

io
80

45
40
32
50
50
105

Shore Line C'oim.)—Stock
Ist mortgage, eonstrnctlon bonds
Sioux City it I'aciyic Ist mortgage

10

400,000
400,000

1,0(KI
],0<K»
1,0<K)

158

"28
28

<£•

100

1,200,000
3,000,000
6,000,000
15,000,000
1,576,000

500 *c

1.58

40

1st Taovtteage

7

1,2.50,000

1,000

420
98

end. by Btate

<t Oulf—lut mort., guaranteed by Alabama..
Selma, Marion ce Jf«)M^Ai«— 1st mort., end. by Ala..
Selma, Jimne <* Da//o)i— 1st mortgOKe
2d mort., Alabama & Tennessee RK

J. A. J. N.Y., Nat Bk of Com'rce
7
do
M. A B.
do
N.V.,NBtBk of Com'rce
«K.
N.
Y.,
U. OiMlyke A Co
7g. m.'an.
do
do
?'*• F. & A.
do
do
J. A, J.

6,000,000
,020,000
3,2.W,0OO
21,000 p.m.
1,000,000
1 ,899,000
2,600,000
1,000,000

i,6()o

idi

Selma

Amonnt
Outntandlug

$1(K) $24,000,000

2l'(')

..

Roanoke — Stock

(£•

Par

! thee* Table*.

KoNdi— PrlnefINTEREST OR' DIVIDENDS.
pal, When Due.
Rate per When Where Payable, and by aliirks—lMtt
Payable
Cent.
Whom.
DIrldrud.

1

gt.

xxv»

Shore

A

are also

Branch,
Branch.

.1.

Bank Julyl.'SSto'OSf
1885

York.

Amsterdam.
N.Y..D. L.AW.RR.Co. Dec. 15, 1875

do
do

do
do

Oct.

1,

1876.-

June, 1887
July 1, 1901
Boston. Feb. 16, 187«

N.Y.,Farnier8'I-.A T.Co.

Philadelphia

A

N.Y'.,Farnier8"L.

do

A T.Co.

do

Jnn 24, 187B:
July, 1879
1893

Southern Ceff/n/.- -Forms an extension into Neir
York Stale for Lehigh Valley, which company cndor-es $400,000 of second mortgage bonds.
South Iowa if- Cedar Rapids, In progress. OtIMi-

—

wa

to

Cedar

U.ipids. la.

Southern Minnesota.— .k foreclosure was agr«Ml
upon by mortgage bondhoidi'rs. Lnnd grant iaaboaft
(V. SO, p. 63, 291, 571 V. 21, p. •»>
1,790,000 acres.
Sovt/iern Pnc'Jic (Ca'.) This road is in prof^ras*;
built by a Construction Co., and controlled kjr
Central Pacitic parties. The stock is $82,412.3)0.
In 1874-5, on 161 miles operated, the gross eamrnr»
;

—

$1,230,951 gold, ana net earnings. $7.30,411
(V. 21, p. 160. -a!, 61 1 : V. 22, p. 281, 875.)

were

goKL

—

Southern Pennhjlrania. This i« a mining and railroad company, re-organized in 1872 after foreclosureunder second' mortgage. The road is leased by tbe-

Cumberland

Valley.

Southwestern 6'eoryio.— Leased to Central Georgia..
Dividends 8 per cent a year to every 10 per cent ortCentral Georgia stock, but 7 per year is guaranteed.
Spiin^field, Athol »t: Northeastern.. ^'Sei eaniing*,.
1874-5. $.37,408. (V 21, p. 590.)
Springfield, D catur dk /<^inoi«.— Consolidation..
See V. 4l, p. 489.
Sterling 3U>untain.—'^nBl ot road and eqaipmenV
Ifetearoin:- 872-.3. $15,673
Stockton <t ComKi- >nn id.— Defaulted July. 1874..
and old bonds of $1,000,000 exchanged for present..
(V. 21, p. 159. 160. .316.)
$508,46.8.

Binghamt m it New J'ori. -Operated bjr
Dividend in 18:5. 4 per cent.
Northern.— 9o\i In foreclosure July, 1875..
under a 3d mortgage and bought for R. W. * Og. (V.
Si/racuse,

Dal. L.

& W.

Si/raev.v

21, p. 160. 3«9.)

Summit Branch.—This is a coal road, and leases
Lykens Valley. N(s earnings in IS73, $837,410.
Sunbury <C Lewiston.—Soid March, 187ii. (V. »^
p.

.'*,

Ill, 834.

Terr' rraute

2.'57,

*.

498. Net
$^,188 in 1873.

SO. p.

897.)

/mfianapoaj.— Annual report in T._
earaingi! to 1874, $380,ft!0,

1

"

r

..

RAILROAD STOCKS AND BONDS.

zxvm

Avor br

gub<criber« will eonfior a xreat

DESCRIPTION.
For explanation of colimm headings, &c„ see
at till! head of flrat page ot tables.
Ttra*

<£

Date

of

of

4743

$1,000

1872

247
247
247

1870
1871
1872

628
.

<Vmsol. mort., (on all except St. L. Div.) convert'e
3d consolidated mortgage, gold
1st mortgage. (Decatur & Kast St. Louis)
Hannil>al & Naplc,'*— 1st mortg age

do
2d
do
I<afayet te, Bloomingtou, & Miss.— Ist mort
Lafayette, Muiicie & Bloomiugton, 1st mortgage
TiYii/ <f Boston— Stock
1 st mortgage, consolidated
t'oB vertiblo bonds
Trojf Unio/i—liit mortgage, g-uaruuteed, Troy City.
Tuckerton Ist mortgage
do

—

"75
167
177
29
27
75
167
180
242
525
628
109
43
43
82
37
35
35

1853
1853
1865
1805
1862
1858
18,58
18!)9

1803
1867
1873
1869
1868
1870
1871
1871
1874
1871

do

fJlah CeniraJ—lut mortgage, gold
Ulica d- Black JJi rf /•— 8tO(!k
Ist mortgage bonds of July, 1868
Mortgage bonds. 2d issue
Utiea, Ithaca d: Elm ira Ist mortgage, sterling

75

—

1'"

"67

>

Vermont & Canada —8tock
<

Equipment loans
Stanstea d, S. & Chambly bonds
Income ajid extension bonds (to pay

—

float'g debt).

140
140
140
140

2d senes
3d
do

"80
77

Vermont d Massachnnetts—^UM'^
I at mortgage (siuklng fund $7,000 per year)
Convertible bonds
do
do
Texas

fven

<6

Pmiflc.—A. history of the company is
annual report in Chromclb, V. 21, p.

in tile

Land grant bonds had been issued, but new
arrangemeuts were made with the construction com29.

pany.
iM, p.

See report.

229,

(V. 19, p. 397; V. 20, p. 63:

V.

324.)

& TTarcau'.- Interest in default
1873.
Passed into receiver's hands
February, 1874. Foreclosure suits commenced 1875.
(V. 21, p. \m, 372, 505, 59i, 614; Y. ii2, p. 159, 297.)
ToleJo, Peoria

December,

Toledo Tiffin <£
tmstees.

East.— la hands of

Toled , Wabash (fc Wenlern
years compared as follows

mortgage

Operations for four

;

Gross
earinugi*.
.$5,738,807

JIT.?

IfBi

..

ISTi

..

187(1

..

6,018.978
5,736.666
4,.544,(>41

Operating
expenses.
$4,4 7,378
4,865. 144
3,776,838
3,236,265

Net
earninsrs.

$),«31,429
1,613,834

proposition offered, but not accepted.

ie, 1876.

,547,

V.

Mr,

J. I).

186, -269, 321, 349,
2i, p, 88, 182, 200, 534, 805, !i44, 875,)

Troy Union.— K short road in Troy city. Bonds
issued by city and guaranteed by several roads.

New

600,000
2,700,000
5,000,000
2,700,000
675,000
225,000
1,300,000
660,000
1,609,000
1,384,000
650.000
680,000
408,000
36,745,000
37,236,112
37,230,512
14,356,000
7,600,000
2,400,000
1,600,000
1.600,000
19,890.400
5,300,000
2,000,000
1,846,000
1,800,000
154.000

1,600

£200
1,000
1,000

100
1,000

.500,000

670,340
1,700,000
1,000
1,600

1,000

Jersey Sonthem Railroad
Net earnings 1873, $7,759.

.500 .Vc.

500 Ac.
100 &c.
100 &c.
1866-9 500 &c.
1867 100 itc.
1872
1,000
1866 500 &c.
1866
1,000
1866
1,000
1866 100 &c.
1871 100 *c.
100
1865 100 &c.
500

866,000
5,000,000
450,000
100,000
1,000,000
1,770,720
200,000
907,000
1.500,000
3,000.000
3,000,000
1,500,000
500,(H)0

3,000,000
1 ,500,000
1,500,000
444.100
1,508.600
717,1500

850,000
145,000
1,162,700
317,400
2,860,000
550,000
200,000
150,000

7
7

7
7

7
7
7

g.

7S4
7

7
6
7
2

N. y., Oflicc of Co.

do

do

do

do

Dec.
April

Nov.
Aug.

1,
1,
1,
2,
1,

1,
1,

1873
1890

&,

S.

1882

& O. Philii., Safe Deposit Co. April 1, 1910
Q.-J Now York and Boston. April 1, 1876
1896 to 1899
do
do
Og. J. & J.
U.S. Treas., at maturity
6
M.'&'S. New York and Boston. Mch. 1, 1894
8
1887
do
d<'
7
A. & O.
April, 1896
8g. A. & O. London, L. & S. Fr. Bk.
&
N. N. Y., Company's Office. May 1, 1895
M.
^A.

U.S. Treas., at maturity.

1896, '97, '98

Q.-J. Phila. and N. Y. Offices, April 10, 1870
Mch. 1, 1901
^'• M. & 8, Philadelphia, Office.
Oct. 1, 1894
A. & O.
do
do
Mch. 1, 1894
London.
«g. M. & 8.
Mch. 1, 1894
do
Og- M. & S.
Feb. 1, 1888
Philadelphia.
(i
F. & A.
Due 90 days after demand.
7
1880
London.
F. it A.
Feb. 1, 1878
t'- P. & A, Philadelphia Office.
Jan, 1, 1889
Princeton. N. J.
6
J. & D.
Nov. 1, 188S
M. & N
Philadelphia Office.
F. & A N. Y., B'k of Commerce. Aug. 1, 1878
6
Overdue.
do
A. A O
do
7
Jan. 1, 1890
Salt Lake City.
6g. J. & J.
1875
Deo.,
Utica.
J. & D
July, 1878
Utica and New York.
7
J. & J
1891
July,
do
do
7
J. & J.
7g. J. & J. London, U.S. King & Co Jan. 1, 1902
"4'
8

7
7

7
8
7
8

7
7
7
7
8

6
7

7

586, 594;' V, 31. p, 64, 105, 243, 302, 373, 467,
23, p. 111, 18S, 2,M,
7, 400.)

25

Union Pacific Cenlrxl Branch.— This was formerly
the Atchison & Pike's Peak road. Interest in default "ince November, 1873. Gross earnings 1874-7.5,
$113,519; expenses, $li;3,183, (V, 17, p, 588, 834; V.
'20, p. 8,314; V. 21, p, 612; V. 23, p. 111).
TTnUed yeiv .Jersey Pailroad dk Canal Companies.
& Ambov Railroad and branches.
Delaware & Raritan Canal, aud New Jersev Railroad
form the United Companies of New Jersey, They
were leased to Pennsylvania Railroad. Oct 20, 1871,
at 10 per cent on stock and aasuinption of all liabilities. In 1874 the gro-s earnings were $10,031,488;
—'lilt t'amden

operating expenses, |7,n9S,449; net, $2,933,039, leaving a loss to lessees of $31,161 after paving interand dividends, Tlie loans due in Fcbrnary, and
April 187.5, were paid oft and bonds of 1871 increased
by $2,300,000, issued in London.
est

Unifn. /»«i/!<;.— Gross earnings in 1874 weie $10,559 880; net e'amings, $5,907,565; gross earninsrs in
Utah Central.— Salt Lake to Ogden.
J(ES were $11,993,832, and net earnings $7,011,784. net eamlnga were $306,-'i08.

&0.

1870

1896
1894
1886
May
1910
June
1901
AprUl, 1902

Fei).

Aug. 1, 1890
do
& A.
do
May, 1893
do
do
& N.,
& N. N. Y., Metropolitan B'k, Nov. 1, 1890
Aug.
do
1, 1882
& A.
do
Nov. 1, 1878
& N.
do
do
Nov.
1, 1878.
& N.
do
do
May 1, 1893
& N.
do
do
May,
1883
& N.
do
do
Feb., 1907
—
N. Y., Office of Co.
1893
Feb.,
& A.
Winslow, L. & (;o.
Aug., 1889
& A, N. Y., Office of Co.
Nov.
1, 1888
& N.
do
do
July, 1890
do
do
& J.
Aug.,
1901
do
& A.
do
Aug., 1901
& A.
do
do
& A. Tro,y, Company's Office. Feb. 1, 1876
1894
& J. N. Y., Nat. B'k of Com.

7

p. 2«7, and government report, to June 30, 1875,
V. 21, p. 467.
The annual report gives no
general balance sheet nor income account.
Dividends at
per cent per year were begun in July,
and increased to 8 per cent October, 1??75, Tlie
United Stares Attorney-Geuoral has a suit pending
for $1,040,056 against '.he company as 5 per cent
of its net earninss. (V. 30. p. 314, 358, 405, 453. 492,

536;

Troy <fi JBMton.—With leased roads forms a line
from 'Troy, N. Y., to North Adams, Mass, In 1873 74
arofs earnings were 11530,310; operating expenses,
3883,^79. Tliere arc a few of old 1st and 2d mortgage bonds yet out8:anding,

r«(;*«r)!on,— From
to Tuckerton, N. J.

2,.500,000

1,000
1,000

A'tocfc*— Last

Dividend.

do
do
do
do

do
do
do
do

& N
& A.I

7
7

The percentage of operating expenses to gross
earnings was 41 "54 per cent ni 1875 and 44'05 per
cent in 1874, Land sales in 187,5, 111, ('49 acres at
$3 66 per acre, or ^0),462,
Total .sales to .Tan, 1,
1876, 1,083,893 acres for *5,336,0J4,
Land notes and
contracts on hand, .lanuary 1, 1876, $3,0:3.501,
The suit to recover for Government transportation
was decided by the United States Supreme Court
in favor of this company, Nov, 29, 1875, including the important ruling "that interest on the Government loan is not payable till the principal is
due ni 1898-99.
Abstract of last report V, 22,

523.

(V, 21, ^, 16, 64.

V.

1,000

100 &e.

1,000

1,308,370

Cox, the President, was appointed receiver Feb, 22,
1875.
To be sold under consoliditcd mortgage
4!»0, 604, 618;

80

1.95»,S.-»

Alater report to Jnne 30, 1S74, was in \. 19, p. 480.
Feb. 1, '75, default was made on liiterest and a funding

Jnne

1868
1871
1872
1873
1871
1871
1866
1866

Meridian Ist series (red endorsed)
(blue endorsed)
(black endorsed)
4th do (uot endorsed)
Special loan, funding mortgage
rf

1,000,000
1,500,000

"73

Bonds, guaranteed liy Vermont Central
Missisquoi Railroad bonds
\crinoni Central— \^\ mortgage, consolidated
2d mortgage, consolidated-

Tick.Abnrg

250 &c.
100 &c.

100

7.5

A.

7
7
7

500 &c.
100

&
&
A. &
M. & N
J. & D.

New York, Co.'s oHice.

A.
D.
O.

F.

900,(K)0
2,1500,000

1.000

Whom

J.

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

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

Payable, and by

Payable

Jan.,

3>3

500,000
300,000

29, 1876.

Og.

1,000.000

1834-7

1862
1868
1868
3612 1870

(.^^

100

1871
1871
1871

dollar loan, mortgage
to State of New Jersey
Joint Co.'s mortgage, sterl'g, s. fd. (£i38,5(X)).

bond

^-^-^^ When Where

250,000
861,000

2,496,000

[ApiU

any error dUcovered In theae Tables.
linnda — Princi.
INTEREST OR DIVIDENDS.
pal. When Duo.

15,0(X),000

500 &c.
29

nt

iiJo

"ijis

—

do
plain bonds
do
do
do
consol. mort. (siuk'g fund aftei- 1880)
N.J. RR. &T. Co., 3d loan (now Ist), plain
do 3d loan due State of N. J
do

1.000
1,000

100

VtitoH /'nci/it—Stock
1,038
1st mortgage, gold, on road and equipment
1,038 1866-9
do
(government subsidy)
ad
oh road (2d on land), sinking fund. 1,038 1874
3d
do
1867-9
I.«nd grant bonds on 12,0(Ki,000 acres
Oniaba bridge bonds, sterling, *500,000
1871
Central
Uhwh I'acifiCy
Branch 1st mort., gold
100 1866
3d mortgage (government subsidy)
100 •66-7-8
XJuiled .V. J. Kit. <t Canal Cmni>a7iies— Stock
(icneral mortgage, couiK>n
1871
United Co.'s mortgage, sinldng fimd, registered.,
1871
sterling loan mortgage, sinking fund
do
1871

do

1,700,000
1,000,000
1,800,000
1,600,000
1,300,000
1,500,000

1 ,0(M)

rf-

do

100
100

1161a 1866

10
24

$8,000 p.m.
17,000 p.m.
3,000,0tl0

1,000
1,000

227

On^a°JSi*n«
OMstandmfc

iijo

116% 1866
110% 1864

rf-

do

"P""
Value.

(

do
do
do

lmm«diate notice

Road. Bonds.

Faci/le—l»t mortgage, gold

2d preferred
Ist mortgage W. DIt.)
Ist mortgage (K. Div.)
iJd mortgage (\V. Dir.) convertible
Consolidated mortgage (for $6,200,000)
1st. mortgage (Burlington Div.)
Toleiio, Tittin
A'ok/.— 1st mortgage
WrHlrrn Stock.
Toledo, Wabash
Pn^'rred sto<k (7 per rent yearly, cumulative)
1st mortgage (Toledo A: Illinois)
Ist mortgage (Lake Krie, Wabash & St. Ixjuis).
1st mortgage (dreut Western of 1859)
1st mortgage (CJainev & Toledo)
1st mortgage (Illinois & Soutliern Iowa)
2<l moitgago (Toledo <fc Wabash)
Ikl mortgage (Wabash ik Western)
2d mortgage (Great Western of 1859)
K<iuipmen t bonds (T. & W.)

([iTlns

Miles
nototi

2d mortgage, consolidated, gold
Tolalo. Peorlatt iraraow—Stock
Ist prof (!rred

Tatleu

;

In 1872-3

lialtimore.

& b.
& J.
<t J.
M. & N.
J. & D.
M. & N.
J. & J.
M. & N.
J. & J.
J. & J.
J. & J.
A. & O.
J. & J.
A. & O.
J. & J.
J. & J.
J. & J.

J.
J.
J.

Boston, E. Blake & Co
Bost(ni.Nat.Bk.ot Ecdm
Boston, Globe Nat. Bk.
Boston, Nat.Bk of Redm

1872
1891
1891
1886
Nov.
1891
do
do
1870 to 1889
do
do
do
Jan. 1, 1887
do
1902
do
do
Phila Girard Nat. B'k. Jan. 1, 1890
Jan. 1, 1890
do
do
Phila., Girard Nat. B'k Jan. 1, 1890
Jan. 1, 1890
do
do
1880
do
do
Apr. 7, 1876
Boston, Office,
July 1, 1883
do
do
July 1, 1879
do
do
July 1. 1885
do
do
June
July
.Ian.

1,
1.
1,
1,

,

$5i'3,397;

Black iftrw,— Gross receipts 1874-5,
expenses, $251,660; dividends disbursed,

$106,149.

(\'; 32, p,

Utica

dk

207.)

Utica, Ithaca <C Blmira.-Ttit road was completed
November, 1875. The sinking fund is $30,000 yearly
from 1878. (V. 21, p. 10.)

—

Valley ( Fa,), This road was built chiefly by subscription of Bait,
Ohio RR,, Baltimore city, and
Va, counties, but building was slopped for some
time under difficulties, wliich were settled in October, 1875. (V. 19, p, 640; V. 20, p. 18, 458; V. 21,

&

p, 396,)

—

&

Vennont
Cannda. Under lease to Vermont
Central, and proposed to be sold to same for $3,000.000 in 6 p, c, bonds; but still in litigation (V. 19, p.
40, 504; V. 20, p. 16, 141, 419, 445, 488, 492; V. 81, p.
442,)

—

Vermont Centra'. In 1872 the Company went to
default on interest, and has since been in numerous
complications,
new corporation under the name
of Central Vermont has been formed, with $2.00l),000
paid-up capital, and assumed obligations of the old
Vermont (Neutral,
Foreclosure in progress on
2d inortgaje.
(V, 20, p.
16, 141. 186. 314, 3,58,
492, 547 5,14, 616; V. 31, p. 38, 245, 418, 490; V. 23, p.

A

110.)

A

Vtckstvrg
Meridian.—T!iet earnings year ending March 1, 1875, were $130,069. 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,)

Vermont <t ifassaelmsetti.—'nXa road is leased to
the Fitchbnrg RR, Co, for 999 years, commencing
Jan, 1, 1874: they paving interest on the debt and 4
per cent on the stock for the ilrst two years, 6 per
cent the next two years, and 6 per cent for the remainder of tlie lease, exclusive of all taxes.

.

;

Snbarrlb^sra will confer • creal flivor

l>E3CKIPTION.
For explanation of colunin bcadlnKX. Ac, 8C0 notes
at tlie head of tlivt i>aKC of tubleti.
Walkitl Valley (A'.r.)— Ist mortgage.

"•••,•

niortKUKe

'J(l

WasMnffton OUi/, Va. Mid. <t (II. SoHthem—atoCK
ad mortgage, O. & A. RR
Island lid mortgage, O. & A. KU
•Itll mortgage, O. & A. RR
Va. Mid. &
CRR
mort.,

&

Lyncbliiug
Weitchesltr
1st

At

it

DiinvlUi', 1st

<)t.

guar.,

rii ihulelpli m—l'ref erred

—

Soiith'u

eoup

stock

mortgage, new

Vrst Jerseiz—aiuck
Loan of 1883, guaranteed by Camden & Amboy
let mortgage loan
consolidated
do
let
We»t WUeoiutin—lKt mort., gold, 8. fd., 1. gr., conv..
let mortgage, gold extension, coupon or regist'd
ConRo!. bon<lH, gold
Vesteriiit Atlanlic (ffo)— Income Bonds
Western (a/a.)— 1st mortgage (Mont. & W. P.)
Western RR. bonds, before consolidation
3d mort. on consol. road, guar, by C'ejitral of Ga.
Weslcrn Marylatul^l»t mort., endorsed Bait. City.

mortgage, unendorsed
endorsed by Baltimore
do
endorsed by WasUlngton County
do
Jd
•ZA i)referred mortgage, uuondorseu
;id mortgage, guaranteed by Baltimore
for Baltimore City stock
do
4tU
Western North C'aroliiHi—lf*t mortgage (E. Div.) ..
1st

'Jd

.

Wejitern
Ist

it

Augusta 1st mortgage

100 Ac.
30

s,

Rochester—Stock.
1st m., guar,
do

1868
1870
1872
1870
1863
1863

1,000
500<fce.

100 &c.

1870
1870

500 &e.

1868
1870

100 Ac.
100 &c,
100

1871

100

1874

14
14

ClKtapeake rf
1st mortgage (originally $2,800,000)
Chesapeake A OAi«— Stock
.Maryland loan, sinking fund
(hwrant«ed sterling loan
Bonds having next preference
Delaware Dirision —Stock
1st mortgage
Delaware <£ Hudson Stock

—

148
148

Debenturcaot 1878
lyoan of 1894 ($3,000,000 ep. & $2,000,000 reg.).
Lthi^h Goal t£ Navigation —Stock
Loan, oouv., coup., gold (assumed L. & W. Coal Co)
Ist mortgage, registered
lat mortgage, registered, railroad
Mort. loan, g. ($2,310,000 assumed C. RR. of N. J.)

registered
Uoiumgahela Narigation 6'««—Stock
Ist mortgage

83
83

WaliaU Voii«y.— This road was foreclosed under
a eccond mortgage and sold November, 1875. (V.

Western
1875,

50
1838

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

1867
1869
1871
1873
1874

50

^^ulland

<S

Great South-

carnini^s year ending Sept. 30, 1875,
$1,03.3,980; expenses, $67^,367; net earnings. $401,O.
'The company has been assisted by Bait.
dli.

&

Oonpons on O. & A.
overdue.

2d, ;Jd

and 4th mortgages are

A

13C.)

We-steluaUr <t Philadelphia.—Het earnings 1874-5,
(V. 22, p. 304.)

$152,657.

West Jerseij.-GToaa earnings, 1375, $859,797; ex$^if)6,5')9;

net.

Net profit above
S29.%887.
(V. 22, p. a3 i.)

mtercot acd rentals, $93,689.

—

West Wisconsin. The company defaulted on interest dtte Jan. 1. 1875. and funded nine coupons from
that date. The followinj is from tlie oflicial stalemeat; Sifice its organization the company hns
issa 'd $4,000,000 cold first mortga2;e laud griint
bonds, of which J-^.ti ,50J are outstauding; $')iu,00J

V.21,p. 3%.

J.
J.
J.
J.
J.
J.
J.

6
6
6
6
6
8

6
6

f.

7
8

7

$18J,059.

(V. 22, p.
(t

F.

4,692,.500

6
6
6

6
5

7

7
7

1

1

1882
1003

1,
1,

Mch., 1883

1800
1890

Jan.,
Oct.,

Jan. i. 1888

1903

1890
1890
1800
Ilageratown.
1890
Bait., Company's Offlc«.
1895
Bait., N. Mechanics' B'k
190O
do
do
1002
Jan. i, 1890
O.
Philadelphia, Office.
April 1. 1893
J.
do
do
Jan. 1, 189«
do
do
N. New York. J. M. Pickrell May 1, 1900
D. Bait., Sato Deposit Co.
June, 1900
N. Mechanics' B-k Jan.
do
Jan.

J. Bait.,

do
do

do

Oct., 1900
Jan., 1902
Dec, 1875

do

do

1881
1888

London,
do

N. Y., Nat. B'k Republic
1896
Boston, Office.
July 1, 1901
Worcester, Office.
Jan. 1, 1878

1881

A

Best.,

April
Feb.

1.
1,

Boat.,

Globe Nat. Bank. April

1,

do
do
Globe Nat. Bank
do
do

do

do

July,

A. Brown A Sons

6

Q-F.

7

J.
J.
J.
J.
F.

4
6

J.
J.

g.

do
do
do
do

A D

A D.
A D
A D.
A A.
A J,
A J.

Philadelphia, Office.

A

do
do
do

Pittsburg, Office.
N.Y'.,

tension,

phia

do
do
do
do

do
do
do

188S

•

Philadelphia, Office,

Q-J.

1894

1870
1890
1885
Feb. 4, 187S
July 1, 1878
Fob. 1. 1876
1877
1884
1891
April, 1878
1894
Mar. 3, 1878
1894
1884
1897
1897
1877
1882
June 1, 1911
1892
Jan., 1870
July 1, 1887

Lfmdon.

LAS,

1887 ,
189S ^
1895

June, 1873

Philadelphia, Office,

Bait..

!«•

1,
1,

Jan.,
Jan.,
Jan.,
Jan.,
Jan.,

DoHaven A Bro.

Phila.,

Q-M.

2

N.Bk.otCom'rce.

is now leased to Philadel(V. 90, p. 358, 383, 522, M7; V. 31.

was sold out and

Readiug.

p. 137, 592; V. 22. p. 182.)

No

.4u(7i/»<7.— Leases and
In 1814 5 nci earnings

on W.& W. Coupons

of De-., 1875, are unpaid. ^V. 22. p. 1 5.)
/?«adi«(7.— This road was In proWilmington
gress, and defaulted on second mortgage after crisis
of 1873. Default on first inortgsge was made April,
1875. Foreclosorc pending. "Tho Berks Co., an ex-

*

May

New
London.
J. New York, Offloe of Co,

J.

Wilmington

dt

Weldon.—heagei December,

A

1S7S,

Augusta road at 7 per
to Wilmington, Columbia
cent on stock. Lessee assumes all liabihtles. (V.

16)

22, p.

Wisconsin Central.
1875.

and

funding,

V.

its

Ac,

latest

— This company defaulted July,
statement aod proposition for

are in V. 21, p. S43.

(.V. SO,

p. 291, 571;

21, p. 324.)

Worcester <t Nashua.— Vet earnings 1874-5, $178,Guarantees the stock and bonds of Nashua
Rochester company, leased. (V. 21, p. 690.)

A

S.'iO.

CANAL.
Chesapeake

peake

City,

Z>«/awor».— Delaware City to Chesa-

tft

Md.

(V. 18, p. 582).

—

A

Ohio. This company was assisted by
Chesapeoke
State of Maryland, and is making progress towards
meeting it^past due interest. (\ 21, p. 77.)
.

Delaware ZHp.— Leased to Leh'gh C. A N. Co., at
interest on bonds, and 8 per cent a year on stock.
Del.

A ITudson Canal.—Thlt

Co.,

which

Is

amonf;

the largest miners and carriers of coal, leases the Alb.
A Susq. and Renss. A Sar. Railroads. Also endorses
Annual report for 1874,
bonds of N. Y. A Canada

RR

V. 2), p. 498. (V. If, p. 472, 503; V. 20, p. 3!Si.)
Lehigh Coal A Narigation.— Gtosi receipts in 1875,
$1,819,085;

expenses,

dividends, $I.9I4,27».

int. .ind

Excess of receipts. $tM,191. The Central R. K. of
J. assumes (in purchase of quipmeni). $2,310,000
of the gold loan d-.ie 1897, leases the Lehieh * Susquehanna Kail Uoad. and operates the Lehigh CanaL
The Lehigh A Wilkes-Barre Coal Co. assumes $500.000 of the gold loan due 1S97, and $823,000 (all) of the
convertible gold loan due ISJI, and baa alao leased

N

profit

Sons Mcb.

A J Bait., A. Brown A Sons.
A A. Philadelphia, Office.
do
do
J. A J.
P. A A N. Y., Bk. of Commerce.
M. A N.
do
do
do
do
J. A J
do
J. A J
do
A. A O. N. Y.. office, 71 B'way.
A. A O.
do
do

«06.)

<6

do
do
do

H,

J.

J.
J.

J.

recent financial information,

Wilmington Cotumhla

do
do
do
York and

1875
1873
1880

1
1,

May

Sept. 1,

A O New York, Soutter 4 Co.
A O.
do
do
A O
do
do

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

4

T'arfioro.- Road In progress.

were $183,271, iucludinsr

do
do

O.

Q-J.
Q-J.

"(i'

in foreclosure, April 19,
Rail-

operates the Wil.A Weldon.

Jan.

April 1, IHUS
J.
Phlladelpbla, Office,
Jan. 10, 187«
O.
do •
do
April 1. 1801
A. Camden, N. J., Co's Office Sept. 1, 1874

& O.
A D.
& J
^^
7 g. M. & N
J.
& J.
7g.
7g. J. A J.
J.
A J.
SHs
6&7 Various
A.
A O.
7
F. A A.
7
3
A. AO,
6
J. A D,
3
J. A J.
6

(V. 20, p. 398, 405, 445.)

Wil i'tmstoi

do
do

O.

A.

Pennsyjlvania.— The Pennsylvania RR.
lessee owns $972,6.V) stock out of the total amount
of $1,022 450. $148,000 of branch bonds, and all of
$1,200,0011 genernl mortgage bonds; net earnings
187.b.

A

Garrett

J. Bolt., R,

N.

a.a'o.

3hi

Western

Southern extension bonds, of which $370,000 are
held as collateral security by floatins debt creditors;
$2,5J0,000 seven percent gold consolidated bonds,
of which $l,471,0u0 are held as collateral to the floating debt. The other debts of the eoinpauy on Jan.
1. 1875, were as follows: Bills payable, $l,0S«,9il.
•There are collaterals belonging to the company held
for these, as follows; Sonlhern extension bonds,
$870,000; consolidated bonds,$l. 471,0 »; and 200 cars;
other items of debt. $1,826,141.
Earnlags, 1874,
$864,9%); operating expenses, 697.107; net eimlngs,
H7,8ia. For full particulars see V. 20, p. 77, 291, 314

6
6

$15,925 larg'-r than the preceding year. The financial condition September :30, 1815, was as fnllows:
Liabilities— Stock subscriptions, $68).li32; funded
debt. $3,675,0110; material on hand, $1,682; general
revenue. $97,722; sundry suspended debts. $3,602—
total liabilities, $4,473,451. Assets— Cost of oldroad
and appurtenances, $2,404,3(«; cost of new road,
$1,889,483; sundry individual inncbtedness, $3,846;
Union Railroad Company, $2,500; loss on sale of
second preferred bonds. $43,500; construction and
equipment, $57,263; sinking fund second mortgage
cityeudorsed, $31,000; ba'ance $36,911— total assets,
$4,473,451. (V. 22, p. 207.)
Western North C TC-^ina.- Sold in foreclosure, June
(V. 20, p. 814, 453; V. 21, p. 40.)
23, 1875, for $825,000.

(V. 22, p. 1 5.)

Atlantic—TMn road is owned by State
Western
Of Georgia, and leased at $240 000 per annum:
Lessees nave issued the income bonds. (V. 82, p.

penses,

A.
A.
A.

sisted by the city of

{211,036.

—Gross

8
8
8

762,779
41 ,,350
1,063,000
744,000
1,004,300
103,000

A'abama.— Sold

A Sons

do
do

Q-J.

5
6

1,000

S.

7g.
10

1,633,350
800,000
20,000,000
1,500,000
3,500,000
5,000,000
393,000
3,000,000
10,348,550
794,000
5,381,963
2,000,000

50
1862

do
do

N.

1806
1870
1875
1900

April.

do

R. Garrett

J. Bait.,

A
"7
J. &
M. A
A. &
"4"
J. A
7 f. A. A
F. A
4
6
A
6
A
A
7
A
7g.
A
7g.

Western Haryland.— This company was largely asB dtimoro, which has also
bought Its overdue coupons. The only bonds remaining in default for interest to their holders are
the second preferred unendorsed. Cost'of road and
equipment to October 1, 1875, $4,473,450. Annual
report for lust fiscal year to September .30, 1875,
shows gross receipts, $2it3,T18; expenses, $194,420;
net receipts, $99,2a8.
The gross earnings were

Lackan anna
on stock and bonds. Net

(N. 7.).— Leased to Delaware,

}ya.9hin{)ton City, Yirgln'-a

ern.

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

U.
M.

H
8

&
A

-I.,aMt

Dividend.

O. N.Y., Bull's Head Bank.
O. N.y., Del., L. A W. HE.
do
A.
do

do
J.

and bought by Central Ga. and Georgia

roads.

*i, p. 42, 209.)

lti75,

1,880,800
1,997,872
8,239,594
2,000,000
4,375,000

1856 Vario's
25

1872
1871
1872

Greenwood mortgage,

Warren

400,000
825,305
700,300

50

IjOiin

earnings in

,000,000

500 &c.

153

do extension, convertible till December, 1877
Consolidated mortgage, loan

A Western at 7 per cent

,(K)0,000

1

A
*
&

When Due.

Stock t

whom.

7
"«'

1,699,.300

60
60
143
148

Registered bontls
Registered bonds
Registered bonds

V.

1

610,000
2,500,000
920,000
730,000
600,000
1,200,000
200,000
400,000
300,000
300,000
600,000
875,000
1,000,000
1,400,000
800,000
1,000,000
1,200,000
350,000
3,200.000
6CO,000
1,250,000
1,560,100
1,456,200
648,700
221,400
749,000
4,618,300
1,789,800
350,000
250,000

1,000

1867

48
48

(for ^00,000)

CAISAl..
Dc/oworc— Stock

F,

4,(XK),(K)0

1873
1875

do

»1, p. 442;

Ac.
&e,
Ac,
&e,

1866
1870
1838

200
45

A.
A.

7

520,500
821,300
1,100,000
1,339,750
400,000

204

64
181
181

3I9

1,1500,000
<&0.

500
500
300
300

"64

7

2,092,539
1,200,000

Payable, and by

Il'ayable

$700,000

1,650,000

500

1861
1806
1869
1871
1872

188

.

ZXIZ

pal.

When Where

per'

Cent.

1,800,000
311,400

654,000
700,000
378,839

1871

iie
44
160
00
90
90
90
90
90
90

Kate
ate

730,000

100

"eo
38
63
172
32

"4

M

Bonds
Bonds
Xasbua

1870
1871
1H55
1858
1860

57
28

Income bonds
Wilmington <t Beading— lat mortgage
mortgage, coupon or registered
Wilni ington <e TTe/aon—Stock
Sterling bonds
do
do
Sinking fund bonds, gold
Wiseoiistn Central— 1st mortgage, gold, land grant
Worcester <t Nash i/a—Stock
Bends ($125,(X)0 are 7 per cent)

Amount

1871 $500&e,
1853
100

11,5

—1st mortaage

Williamslon A Tarboro
Wilmington, Columbia

Par

"27

Pennsylvania— lat mortgage

mortgage

Size, or

of

1867
336 1873
05 >s 1871

mortgage, Pittsburg Branch

tJencral

Date

Outstanding
o o Bonds. Value.

RR

&

A.
(••mided Interest, O.
M.
1st mortgage, O., A.
i;un. nioit., gold. Wiisli.

BONDS.

by elrlnx Immediate notlee of any error dlaeovered In tlieaa TaMas.
INTEREST OE DIVIDENDS.

35
18
18
18
310

(A^.y.)—Stock
l8t mortftngc, guaranteed

Warren

AND

^i CANAL STOCKS

BAILIIOAD

April 29,1876.]

1

the coal lands of the

Wonongahela
1874, $)l»,t6'3;

Company.

(V.8S, p.

it 9.)

Navlgalicn Ownpony.- Receipts,
expenses, $83,120; dlridends, $97,121.

—

..

CANAL AND MISCELLANEOUS STOCKS AND BONDS.

zxx

[April 29, 1876

Sakserlbars will eonfer • K'e** ftvor br tclvlng immediate notice or any error discovered in tiaeee Tables.
Uon</»— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
when Due.
Miles Date Size, o
Amount Rate per When Where Payable, and by pal,
Slocks— Lant
of
Par
of
Xy>r explanation of column headiuKs, Ao., see notes
Outstanding
Payable
WTiom.
Dividend.
Bouds
Value.
Ont.
Canal.
tables.
first
page
of
at tlie bcud of

CA N A L-rontIn ned.

103
103
103
103

Jforris—Stock, coneelidatod
I'l^fcrrcd stock
New mortgage (for $1,000,000)

Boat loan
Pi elorrcd stock ,.,31] dividend
Pennsi/hania Stock
1st mortgage, interest guaranteed by Penn.
Seh uylkill Namiqationr-Slovk, common
l*referrc<l stock

—

1 St

mortgage, extended

EB

327
327
108

$100
100
1876
1865 various.
1869 various.
50
1867
1,000
50
50

mortgage
Uortgage bonds
a
Improvement bonds
Boat and car loan
Boat and car loan
Biuguelwnna of TUle Ifo^er—Stock
Maryland loan, 2d mortgage
Susauebanua Canal, common bonds, 3d mort
pref ., 3d. T. W. priority b'ds.
do
bonds of 1872
do
CMon—let mortgage
'2d

—

1870
1863
1864

7

1,000,000
1,310,000

"e"
6

325,316
250,000
3,000,000

6
7
6

12,000,000
18,000,000
1,500,000
10,000,000
4,000,000
.1,740,000
1,107,500
593,000
693,000
605,500
598,000
55,000 sb'e.
10,250,000
412,000
363,000
177,000

2
3

J.

4

M.

10 s.
7

J.

85

AUantlc <e Paciflc Telegraph- BU>c)i
Boston Water Power
1874
...
Mortgage bonds (for $2,800,000)
Canton linprotenient Comwoiitf— Stock
1873
Sterling bonds (sinking fund one-flftli of land sales)
1874
Mortgage bonds, gold sixes (for $2,500,000)
Union RR., Ist mort., end. C. Co. (s. f ., rents on $220,163)
do 2d mort., g., end., (s. f. ground rents on $144,800)

Vary Iinprorement Company— Stoct[
ConsotUtation Coal of Maryland—Stock
1st mortgage (convertible)

Ist mortgage, consolidated, convertible

Cumberland Coal and Iiou— 1st mortgage
2d mortgage
do
do
Cumberland Coal Iron Companu— Stock
JhtHleith <t Dubuque Bridge— Bouda sinking fund
JlUiiois <t St. Louis Bridge— l»t mortgage coupon s. fund.
2d mortgage, coupon
3d mortgage, coupon
4th mortgage
St. l/)ttl8 Tunnel RR.— Ist mortgage sterling, sink. fund.
2dmortgage
do
do
Mariposa Land it Mining Company—Stock

25

£200
1,000

500
500

&c.
&c.

10
100
1.000
1,000

1868
1871
1871
1874
1875
1873
1875

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

£200
ido
100

1875

1,000

raeClie Mail Steamship Company—Stock
Bonds, coupon or registered (for $2,000,000)
¥tnn*ylvanla Coal Stock
iBt mortgage bonds
J'ullman Palace Oor—Stock
Bonds, 2d series
Bonds, 3d series
Bonds, 4th series
Bonds, sterling debentm-e, convertible
Bonds, debenture

1876

—

50

—

100
100

"50
100
100
100

tfnilea Stales Express— Stock
Wells, Fargo (t Company Express

—Stock

'Western Xfnion Telegraph— Stock
Beal estate bonds, gold, sinking fund
reg., conv. till May, 1885, s' f. 1 p. e
Bterling bonds, coup, (sinking fund 1 per cent, per annum)

Bonds, coup or

—Stock

1872
1875
1875

1,000
1,000

£100&c
100

Jforri«.—Leased April, 1870, to Lehigh Valley Rail-

Union

213

<Sc

fl

....
....

Ctomp'my.— Leased from

&

Reading for 9!»9
to Philadelphia
years, at annual rent of $655,000, including '•ertain
real and personal property convej^ed to Philadelohia
Reading. (Last annual report in V. 18, p. 272.)

7g.
4

&

—Leased and operated

Svsqwhanna
Philadelphia & Reading Railroad
m
net
>Dnd8 and
<ft

half of

TJnton,

Tide Water.

for interest

on

earnings.

iniS€E<.IiANEOt;S.
Express Company.— K reference to the
«nit of Dinsmore and others in V. 19, p. STO.
American Coo'.— The report for 1875 showed gross

Adams

receipts, $825,916; net, $^9,C16.

AtkuMc

<t

(V. 22, p.

180.)

PacitU Telegraph.— Qt this stock the

6

g.

5
(V. 19, p.

V.

21,

—

.

The Company owns

$594,000 stock of
Union Railroad Co. out of $600,000 and guarantees
its bonds.
(V. 80, p. 314,146.)
1875, $298,-

694; liabilities, $165,009.

Conso'ldation Coo'.— Annual report for 1874 in V.
289) showing gross receipts. $2,756,948; expenses, $1,976,294; net, $780,653. Consol. mortgage
bonds are held to retire old bond-*. Guarantees also
bonds of the Cumberland & Penn., and assumes
$135,000 Un. Mining Co. bonds. (V. 22, p. 279.)
Illinois <fc St. Lou^s Bridge.— Interest passed Jnly,
1975
The Bridge and Tunnel Railroad are in hands
of Messrs. Morgan and Humphreys, trustees. (V

20, p.

544; V.

21, p. 349.)

J.
J.

&
&
&
&
&
&

7g. M.

428;

Cary Imp/vvenunt Co.— Assets April,

Jan., 1894
Jan., 1902

May

1883

1,

Mar.

1876-

1,
3,

Jan.

Office.

J.

N.

Boston, Office.

Jan.

N.Y.,Co.'s Office, 71 B'y.

March

J.
J.
J.

1869

9,

15, 1876
Jan., 1885

do
do
do
do

do
do
do
do

Jan.

do
do

do
do

July
Mar.

1, 1897
1879

A.
Feb., 1879
O.
New York Office.
Oct. 15, 1875
N. N. Y^by ni. Cent. RR.
Nov., 1893
O. New York and London.
1900
J.
8.

J.
J.
J.

1901

1,
1,

1886

St. Louis.

Lond.,J. S.Morgan & Co. Jan.
8t. Louis.

New York.

J.

iViSSS

Jan. 1, 1886
Jan. 31, 1876
,

2

20. p.

<7ana/.— Stock, $2,907,830.

&

4

Boston Water Power Co —Annual report in V. 20,
429. A stock increase of 25 per cent was voted
Nov., 1875. (V. 21, p. 511, 691.)

ling loan.

Jan.Vi'885
Jan. 1, 1878

Sept., 1869
March, 1886

N. Y., Ill Broadway,
r.

Feb. 1, 1876
do
do
Aug. 1, 1881
Farm. L. A T. Co. Feb. 15,,1876
do
do
May 15 1881
do
do
Feb. 15 ,1887
d'>
do
Aug. 15 ,1893
do
do
April 1 1885
do
do
Oct. 15, 1878

Y.,

-...

Canton Improvement Co.. The annual report for
year ending May 31, 1875, is in V. 20, p. 59 1 Of the
$2,500,000 mortgage $600,000 is resiirved to pay ster-

Naviqaliin

JulyVigiO
Feb. 1, 1876
Feb. 1, 1876
March, 1897
1882 to 190r
1895
May, 1880
May, 1913
May, 1915

1876
Mar. 10. 1876
S.
New
1872
Nov. 12, 1872
Boston, Office.
D. 1st coup, due Dec, 1875.
June, 1884

& S.
5
(J.-F.
F. A A.
7
Q.-F.
2
M.& N.
8
F. & A.
8
F. & A.
8
7g. A. & O.
A. & O.
7

J874, $546,328; net, $810,142.
1870,

do

York,

M.

7

p.

1,

Office.

1>«

Pennsylvania Cinal.—'Vf orkeA in interest of Penn.
"KR. whicb guarantees interest on bonds. An old
mtMtgage of »90,000 is due in 1887. Gross receipts
Schuylkill

Philadelphia, Office.

3

502. 638, 639.)
p. 63, 277.

June

Feb., 1889

and Baltimore.
do
do
do
do
do
do

J

M.&'S.

J.
J.
J.

ro»d for 999 years. 'The lessees assuming bonds and
iBcnp, and paying 10 per cent per annum on preferred
ctook, and 4 on consolidated stock. (V. 13, p. 714).

20, p.

&
&

J.

Pacific Railroad holds $2,420,000.

Annual report V.

&

Oct.','i885

do
do
do
do
do
do
do

do

Feb. 4. 1S76
Feb. 4, 1S76

'&'j. London, Brown, S. & Co Jan. l,"l9<H
& J. New York or London Jan. 1, 1904

&
&
&
F. &
A. &
M. &
8
7g. A. &
7g- J. &
7g.
&
10
&
g10
&
7
6
6
6
6

5,000,000
484,500
5,826,200
298,000
434,000
996,000
144,000
598,000
4,291,300
5,708,700
584,000
1,500,000
6,000,000
5,000,000
33,787,475
1,498,000
4,000,000
1,030,000
3,400.000

'i()0

J.
J.
J.

&

&

6g. M.

(!)

1861

^uielcsilwr Mining Company Common stock
Preferred stock
ad mortgage, gold
Spring Mountain OoaJ— Stock, guar'd 7 p. c. by L. V. RR..

6

4,400,000
20,000,000

1,000

do
do

Pbila.

60c

(t)

100
100

Maryland Coal— Block

do
do

Q.-M. N. Y., Company's

,,

3,947,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
10,000,000
5,000,000

do

do
do
do
do
do
do
do

<fe

6g.
eg.

498,000
500,000
480,000

i",6oo

100

Preferred stock
$500,000)

1,000

1864
1872
1852
1869

<£•

Wilkesbarre Coal

628,10(1
2,002,74(i

do

Philadelphia, Office.
Philadelphia, Office,

M.
M.
M.

6
6

756,650

1872

100
100
25
100
100

& J,
& N,
& N
& N.
J. &J.
J. & J.
J. & J.
J.
J
M. & N.

Loh. Val. RR. Co.. Phila

J.

1,148,00(1
260,00(1

50

Adams Exprest Conipanu— Stock
American Exi>rts»—Bto(X
American Coal (Maryland)— Btod

(for

"

1,000
1,000
1,000

45

miSCELI.ANEOirS.

Mortgage bonds

m

236,965
7
7
103,164
4,477,150
6'
J. &"j,
3,000,000
949,748 30c. In sc F. & A,
3,155,650 60c. in sc F. & A
M. & S.
6
1,709,380
J. & J
6
3,990,392

1,000
1,000

,

&A
& A,
A. '& O
F. & A,
F.
F.

$1,025,000
1,175,000

M.
M.
M.

J. N. Y., Company's Office.
D. N. Y., Company's Office.
New York, Office.
New York, Office.
New York, Office.
N. N. Y., Union Trust Cm.
N. N. Y., Treasurer's Office
8. Loudon, Morton, R.&Co
N.
Philadelphia.

Mariposa Land

£

1879
Deo. 10, 1875

May

1,

1876

Jan. 15, 1876
Jan. 15, 1876

May, 1902
May, 1900
March 1, 1900

Mining Co.—l\.

80, p. 477;

V.

22, p. 831, 305, 328.)

Paeljlc Mail Steamship Co.— (V. 21. p. 40, 207,
231,878,324,349,396; V. 82, p. 42, 257, 281, SOB,
36J.)

Pennsylvania Cboi.—This company operates a railroad of 47 miles connecting its coal mines with.
Branch of Erie Railway and Delaware & Hudson
Canal at Hawley. Dividends in 1674 were 45 per cent
a year. Floating debt, $625,000.

Pullman Palace Car Company.— TuU report
21, p.

467.

in

V.

Mining Com/)0«y.— Annual report for
with balance sheet, &c., in V. 2J, p. 303. See

Quicksilver
JO'S,

V.

19, p.

584; V.20, p. 143, 429, 538; V. 82, p. 883, S03.

Spring Mountain Coal Company.— Tivis is guaranteed 7 per year till 1885 by Leiiigh Valley RK.
United states Express.— W.

82, p. 159.

Western Union Telegraph.— Anmml report V 21
p. 369. The company holds $7,267,735 of its own
stock, making the total $41,073,410, (V. 2.1 n 77
I.IF. a'S8,57l; V. 21, p.
6, 369, 372, B69; V. 3-> D.
--, i'.
>
136, 175, 182; V. 82, p. 257, 668.)
-

i

1

—
1

INVESTORS' SUPPLEMENT.

April 29, 1576.]

zzzi

FINANCIAL EEVIEW.
{

A.lS

A.Zu

IS XJ

.)

1876.

ISSUED

FROM THE OFFICE OF THE

COMMERCIAL AND FINANCIAL CHRONICLI

CONTENTS:
—Commerce
of the United States— Commerce of New York City — Banking
Statistics— Banking and Financial ASaira in London.

Financial Review of 1S75.— Ketrospect of the Year

The Money Market— Features

Gold and Bullion

— Kepresentatire

Railroads

the

of

Bailroads in Default since the Panic of

Land

Grants

for

Railroads

Market—Prices

—Exports, Imports

of Call

and Production of Gold

and Silver in the United States since

18G0.

—Prices of Qold.

daily. 1863-1875.

and Exports and Imports of Merchandise.

Bailroads

the

Loans and Commercial Paper, Weekly, 1871-1875,

Bnsiness Failures In the United States.
[Prices

of

United States^

1873— United

and Wagon Roads

Foreign Exchange
of

States

— Influences

on the Market and Methods

Quoting— Prices 1869-1875.

—Railroad
Prices of Stocks and] Bonds for a Series of

iBamingB.

States Bonds," Prices

1885-75— State

Tears— United

Securities, Prices, 1860-75

—Railroad Bonds, Prices 1873-1875— Railroad

iHTestmcnts of Financial Corporations In N. T. City.

and

Miscel-

laneous Stocks, Prices 1871-1875.

iKTCStments and Speculation
est

—Inrestments—Compound Inter-

Table—Table showing the

secarities

purchased at rarious

rate

per cent

—Stock

prices

realized

on

6otton and Cotton

Movement and Crop, 1874-75 — Cotton Spinning

Speculation

Table Showing the Interest Cost of Carrying Stocks.

ik

WILLIAM
79

B.

&

States, 1874-75.

DANA &
81

Spinning in the U. S. 1874-75— Cottoa

CO.,

PUBLISHERS,

WILLIAM STREET,

jsiiziw

-sros.13::.

in the United

!

:

'

xxxn

INVEBTOES' SUPPLEMENT

[Ap

Publications.

Miscellaneous.

Insurance.

"FAIRLY WITBOUT A RIVAL."
— Congngalionalist.

CONTINENTAL

^

The most eminent authors

102

New

Continental Insurance Building

COR. COURT

& MOSTAGUE

ST8.

$1,000,000 00

CauhCapiUl

951,487 ii

Baeerre for Re-InBurance

York Snrplns Law with Inenr800000 00
300,000 00

OuanmtySarpIoBFand
asainet the

CAR COYERING AND CAR

ol

for all Claims

893,738 22

Company

And

INSURES

Buchanan, Tennyaon, BrowninK,

many

others,

ai

and

A

full supply, all

e represented in the pages of

FURNITURE.
'VARBHOVSES, MERCHANDiaS,
RBNTS,

LEASES,

Aaii other Inanrable Property, at Jaet Rate* of
Premiam,

THE

COSrriTVElVTAl.

In 1876 Thk Liviso Asi enters upoa
it has D«ver failed to receive tue warmest sup
pori of the best men and journals of the country, and
baa met with constantly Increasing success. Having
'• EVEET
recently absorbed Its younger competitor,
BATUBDAT," It Is now without a rival in its epecUl

COUPANT TO SUBMIT TO TBE
SSSTRICT10N8 OF THE SUSPLUS
LAW OF 1874.

jmUT
By

Law

the proTieioce of this

the

Company

is

compelled to limit its dividends to Btockholders
to 7 per cent, per annum, and to deposit one half
of the remainder cf its earnings in the Insurance Department of this State, as a SPECIAL

PROTECpolicy holders as may

BS8ERVB SAFETY FOND,
TION and SAFETY of

for tho

each
not be bamed out at the time of a conflagration so
^reat as to destroy the ability of all Companies, to
pay their losses in full, thereby avoiding the neces«ity of placing the Company in the hands of a
Receiver in Bankruptcy.
Some of the benefits of submissioQ to this law
are as follows

Firit—To the assured, who are claimants

for

losses at the time of tho great fire.
It will give them more money than can be obtained under the requirements of any other law

on

exempts the Company

this subject, because it

from receiver's

fees, legal costs, or other

expenses

of bankruptcy.
It requires the

Company

to maintain at all times

"GUARANTEE SAFETY FUND"

equal In
aBU>nnt to the "Special Reserve Fund," for the
greater protection of policyholders generally.

s

any enToachment upon it by
under uncancelled policies.
It compels just and prompt adjustments and payments, no matter how great the Are or loss.
Becojul—To the policy-holders whose property is
not involved in such fire— a hitherto neglected
It will prevent

lat£r losses

class:
It will give a deserved protection and provide for
the payment of their later sustained losses, as i< no

had occurred.
Xreat
It will save them from vexations and serious loss
of time and money in seeking and paying for new

famlih to Its reailers the
productions of the ablest authors, above-named und
many others ; embraclng"the berlal ana Short B(orle8
During the yrar

DVANE

T.

HOPE,

K88ATI8TB, BC1ENTI8T8. CRITICS, D18C0VBREK8 AND EDITORS, representing every departmen
01 Knowledge and Progress.
A attklv KagoMint, ot slxty-fonr pages, Taa Litis*
A»a gives more than
double column octavo pages of reading matter yearly
It presents in an inexpensive form, consldenng Us
amount of matter, with freshness, owing to Its
weekly Issue, and with a satiafadory compltteneti
attempted by no other publication, tbe best Essays,
Reviews, Criticisms, Ta'et, Sketches of Travel and
Discovery, Poetry, Scientific, Biographical, Hlstoncal
and Political Information, from the entire body of

Foreign Periodical Lltereturt.
every American reader,
aslthe only ihoronsh as well as fresh compilation ot
current literindlepenssble
a generally InacceBslDje but
ature,— lnd<8p<n«ai>ie because It embraces the prounc
tlons of the
It is, therefore. Invaluable to

ARLEST LIVING XTRITERS

JOSEPH WOOD.

Joseph

branch ee of Literal nre, Science, Art, and Pollt Ics
" /( yeproduce^ the best thonghlft of the ben', minds of
world, upon all topics of living interest,"—
clviUzeil
the

Philadelphia

•'

CYRtiS PECK,
B. C.

Stationary Frog,

IRO.N

AND 8TEEI RIILROAD
HOWE'S PATENT

CBOSSINGI

LUBRICATOR

SEL.F-ACTIIKO

AOBNTS POB

VINHOGTES'S PATENT CAR CODPLINO

p.

(1.

NETV YORK.

Box 1W9.

ESTABLISHED IN

1853.

Henry Seiberlfc Bros
L.lTHOCiRAPHERS
AND

LEDGER BUILDING,
No. 182
Railroad
Specialty.

HVILLIAm STREET,

N. 1

Bonds and

Stodc

of

Certificates

Commercial Blanks of

al!

kloda.

THE ATWOOD

CONICAL LOCK-NUT

Francisco.
•'

Ought

to find

a place

in every

New Vork-

American Rome."—

rime.-."
indispensable, to any one
abreastof the thought qf the age in

"Simply

science or Uternture."

who desires to keep
any department of

— Bofton " Journal."

PtblishR" Wbkkly at $8 00 a year, free of postageor for $10 50 {covering prepayment f>f postage on ooth
periodicals,) Tiia Livi.vo Agk and either one ot the
Amerlcan/oMr dollar monthly Magazines (or harper^s
Weekly or Batiar, or Appleton*s Journal, weekly) will
be sent for a year: or, for (8 50, The Livme Ao« and

factnrlns CompauF.

Scrlbner's St. Nicholas.

Address

LITTKLL

MANUPACTURED ET TBE

Atnrood Conical Lock-Nntand

dc

GAT. Roatou.

LIGHT, STIiOPfG^

P. O. Box. 1049.

AIVr>

N<.. 40

John Stephenson

M. KIRBY, Sec. Local Dept.
CHA8. H. DUTCH ER, Sec. Brooklyn Dept

OAKLEY,

General Agent.

&

Co.,

MANUFACTURERS,
«o.

49-

5.

ELEGANT;

STREET CARS, OMNIBUSES.

Agency Dept.

RCaail

UROADWAT,

Vlce-Pres't

Sec.

Pit

national Car Rrake Shoe Co.,

publications."—"Tiie

"And the cheapest. A monthly that comes every
xoeek."—" The Advance," Cbicago.
"A pure and perpetual reservoir and fountain of
entertainment ana instruction."—Hon. Robert C. Wlnthrop.
" The best periodical in 4m«rtca."— Kev. Dr. Cnyler,
" Jt has no equut in any cownt/'y."- Phllacelphla
" Press."
" Its puhlicaiion tn weekly numbers gives it a great
adtantage ove7' its monthly contemporaries in the spirit
and freshness of its contents."— " t\i^ facific," San

ABRAH

K.

eclectic

Co.

WOOD'S PATENT R.41LR0AD SWITCHES,
\|roOD>S PATENT

Sew York.

Secretary.

TOWNSEND,

JOHN

our

Wood &

Wood's Pat. Adjustable Frog, & Wood

Inquirer."

" The best of all

Nation,"

BENNET,

E. R.

MANcrACTunEns or

In all

President.

LAMPORT,

H. H.

NEIV TORK.

ST.,

EI.BEBT A. BRINCKBRHOFP,
J. SPBNCISE TuBSII
Henry D. Polfemus, Special.

will

and an amount unapproached by any other periodical
tn tke world ef the most valuable literary and scientific
matter of the day, from the pens of the FOREMOST

policies have become worthless, and whose assets
3aay be in the dutches of a slow-paced Receiver,

GEO.

It

LEADING FOREIGN NOVELISTS,

fire

Insnrance, while waiting indefinitely for the return
«{ what is due from the Bankrupt companies whose

Widths and Colors always

year,

THREE AND A QUARTER THOTTSAND

WAB TBI

kinds of

in stock.

142

of the

VWBI.I.ING8,

all

^inra. nialocta, inra. OIL COTTON CANVAS, SAIL DUCK, FELTIN<
DUCK, BAGGING, RAVENS DUCK, SAIL
ptaant, niaa Tbackeray, Jean InseTWINES, Ac. "ONTARIO" SEAMLESS
low, Geo. naeDonald, William Black
BAGS, "AWNING STIPES."
Antbony Trollope, B. D. Blackmore.
Also, Agents
raattbovr Arnold, Henry Klngaley,
Tbomaa Carlyle, \r, "W. Story, Bobert United States Bunting Company

field.

$3,845,166 64

Total Auets, Jan. 10th, 1876

SEATSlJ

INCHES WIDE,

14 to ISO

Arsrll.JBniea A.F'ondc

Its thirty-third

«nce Department
VadiTlded Sarplos held

Manufacturers and Dealers in

COTTON DUCK

Littell's Living Age.

SpedAl Reserve Fnod, deposited onder

Mew

TbeDuke

er Cobbe,

BROADWAY.

BROOKLYN
Ill

"Vl,

Prof. Tyndall, B. A.
Proctor, Franca Pour-

OFFICES:
lOBK, 100 &

Hon.

Brinckerhofi;Turner& Gc

of

E. Gladstone, Prof. Mux
raoller. Prof. Huxley.
Dr. IV. B. Carpenter,

Insurance Compawy.
»EW

suck as

day,

the

1 76.

29,

31

EAST TWENTY-SEVEMTH STREET,

NEW Y