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|nksto'

ijmleiMt
OF THE

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH.
Furnished Gratis to

NEW

YORK, AUGUST

25, 1877.

Canadian Bankers

Canadian Bankers.

AGENCY OF THE
Bank of British
North America,
No.„ 52 WALL STREET.
Commercial Credits Issued for use In Europe, China,
Japan, the East and West Indies, and South America.
Demand and Time Bills of Exchange, payable in
London and elsewhere, bought and Bold at current

Bank of
CAPITAL,
SURPLUS,

Brown

Montreal.

ANGUS,

Nos, 59

General Manager.

NEW YORK OFFICE,
& 61 WALL STREET.
C. F. Smttiiers,

Walter Watson,

AGENCY OF

eell Sterling Exchange and Cable Transgrant Commercial and Travelers' Credits,
available in any part of the world issue drafts on

Merchants' Bank

and make collections in Chicago and throughout
the Dominion of Canada.

tee of repayment, Circular Credits for Travelers, in
dollars for use In the United States and adjacent

Capital,

•

.

Paid up,

-

•
-

.

.
-

-

-

$9,000,000 Gold.
"
8,128,020

Bills of Exchange bought and sold. Commercial
Credits granted. Drafts on Canada issued, Bills collected, and other Banking business transacted.

WM. J. INGRAM,
JAMBS GOLDIE,

LONDON AGENCY,

I

A.„„„,„
K<=nts.

Exchange

St,

Bank

OF CANADA.
Up

Capital Paid

HEAD

-

-

-

$1,000,000.

OFFICE, MONTREAL.

M. H. GAULT,

C. K.

Pres't.

MURRAY,

Cashier

RRANCRES:

AGENCIES:

London.
SIXTY DAY STERLING ON THE

CONSOLIDATED BANK, LONDON;
Circular Notes and Cseditb for Travelers.

No. 50

WAIL STREET.

Capital,
Buys and

28 STATE STREET, BOSTON.

Commercial Credits available everywhere.
Grants Drafts on the chief cities and towns of
Canada.
J. G. HARPER, I A _. nt ,
(Agents.
J. H. GOADBY,
Issues

Capital,

Reserve,

$1,000,000.

HEAD

Knoblauch

&
29 William

BANKERS:

FOREIGN AGENTS:

Member of Stock

BANKERS AND BROKERS.
RROAD TREET

65 Pine Street,

H.

S.

;

HEAD

Cashier

Dealers In American Currency and Sterling Exchange.
:

Lombard

street.

I

Agents

In

New York*

Bank OF MoNTaaAL.
5'J

,

Sell

having a connection In San Francisco, are prepared

PRINCIPAL CITIES IN EUROPE.

to

buy and

sell

on commission

all

stocks dealt In on

the San Franelsco Stock Exchange, and to give infor-

OFFICE, TORONTO.

Agents in London
BOSAMji-KT, Sam Jfc Co.,

the

Buy and

Having been identified with California Interests, and

CO.,

PARIS,
And on

BbaXCHEs:— ST. CATHERINES, PORT COLBORNE,
ST. THOMAS, INGERSOLL, WELLAND.

93

LAZARD FRERES &

Transact a general Banking Business.

od Commission Stocks, Bond and Gold.

LONDON,

Bank of Canada

Capital, $1,000,000.
HOWLAND, President D. 8. WILKIE,

2 5

DRAW SIGHT & TIME MLLS on the UNION BANK
On

Imperial

Howabd C. Dickinson,

Exch'gc. Member of stock Exch'ge
John R. Waller.

Dickinson, Waller & Co.

Lazard Freres,

-est rates.

Credit

of Europe.

Platt K. Dickinson,

.

Financial.

(Limited).
National Bank of Commerce
Messrs. Hilmers, McGowan & Co., 63 Wall street.
CHICAGO.— Union National Bank.

NEW YORK—The

cities

SPECIAL PARTNER,
DEUTSCHE RANK, Kerlln.

Barrie, St. Catharines, Colllngwood.

the best terms.

Exchange Place,

YORK.

Make Telegraphic Money Transfers.
Draw Bills of Exchange and Issue Letters 01
on all principal

London, England.— The City Bank.
5 National Bank of Commerce,
-w.™
new t~„«1 ork. j c F SmItlier8 ana
Watson.

w

St., eor.

NEW

OFFICE, lORONTO.

made on

Lichtenstein,

BANKERS,

$1,000,000.

DtrNCAN CotrLsox, Cashier Hugh Leach, ABSt. Cash
Branches at Montreal, Peterboro, Cobourg, Port Hope,

G. C. Ward,

BARING BROTHERS & COMPANY,
52 WALL STREET, NEW YORK.

Transfers of Money.

The Bank of Toronto,
CANADA.

&

AGENTS FOE

Exchange, and makes Cable

Sells Sterling

G.

S.

$6,000,000 Gold.
$1,900,000 Gold.

Surplus,

LONDON.—The Alliance Bank

Sterling and American Exchange bought and sold.
Interest allowed on Deposits.
Collections made promptly and remitted for at low-

Co.,

Bank of Commerce,

Collections

Quebec, Valletfield.

&

The Canadian

;

HiXILTON, ONT.; AYLMER, ONT.; PaRK IIlLL, ONT.;
BEDFORD, P. Q.; JoLIETTE, P. Q.

any part

No. 8 Wall Street, New York,
No. 4 Poat Office Sqnare, Roaton.
CHEQUES AND CABLE TRANSFERS ON
JIl'J'ltOK * CO., PARIS.
STERLING CHEQUES ON
ALEXANDERS, CUNLIFFES & CO.

No. 9 Rlrchln Lane.

f

Lombard

32

sterling for use In

John Munroe

OF

63

pounds

THEY ALSO ISSUE COMMERCIAL CREDITS
MAKE CABLE TRANSFERS OF MONEY BETWEEN THIS COUNTRY AND ENGLAND, AND
DRAW BILLS OF EXCHANGE ON GREAT
BRITAIN AND IRELAND.

;

Office,

Co.,

Issue, against cash deposited, or satisfactory guaran-

fers;

London

&

N. V.,

Agents.

Buy and

Canada,
WALL STREET.

Brothers
WALL ST.,

countries, and in
of the world.

President.

R. B.

Drafts on Scotland and Ireland, also on
Canada, British Columbia and San Francisco. Bills
Collected and other Banking Business transacted.
D. A. MacTAVISH.J
»_. nt ,
'} Agents.

$12,000,000, Gold.
5,500,000, Gold.

•

GEORGE STEPHEN,

Demand

M. MORIUS,

Financial.

No. 59

rates; also Cable Transfers.

C.

all Subscribers of the Chronicle.

Wall street.

Promptest attention paid to collections payable in
any part of Canada.
Approved Canadian business paper, payable In gold
or currency, discounted on reasonable terms, and
proceeds remitted to any part of the United States by
'
*old or currency draft on Sew York.

Transfers of
Francisco.

Money by Telegraph

to Paris

and San

mation respecting the same.

Trask

Circular Notes and Letters of Credit through Messrs.
CO., at PARIS, payable ID any
part of Europe.

LAZARD FRE:iES&

A. H. Brown
7

&

Co.,

Bankers and brokers,
Wall St., Cor. New, New York.
INVESTMENT SECURITIES.

Special attention to business of country banks.

6c

Stone,

BANKERS AND BROKERS,
No. T

NEW

STREET, NEW YORK,

Transact a General Banking Business.

STOCKS, BONDS and GOLD Bought and Sold on
Commission, and carried on Margins.
Deposits Received and Interest Allowed.
Accounts of Country Bann and Bankers re-

tw

<

etved on favorable terms.

INVESTORS

SUPPLEMENT.

i;\(kLaxu

The

Ten Per Cent Net

OFFERS FOR SALE,
AT 107 AND ACCRUED INTEREST,

SEVEN PER CENT TEN-YEAR BONDS
SECURED BY

FIRST 1IOU TG

OF IMPROVED

REAL ESTATE.

GUARANTEED, PRINCIPAL AND INTEREST,
BY

Bonds
Interest Coupons pavable Beml-annnally.
registered to order, or payable to bearer at option.
Interest Is not required to be paid by purso
as te
chaser, the next-due Coupon being stamped
denote that interest begins at the date of purchase.
Pamphlet with full Information will be sent on
application at the Company's Office,

Street, Boston.
These Bonds are commended to the attention of the
MOST CONSERVATIVE INVESTORS, as they are

believed to be as perfect a security as can be obtained.
The issue of bonds is limited to one-half the amount
of the same clasB of bonds ever issued under a like

Guarantee.

The

bond

security of each

,

,

is not confined to a
all the Mortgages

.

single

owned
Mortgage, but extends over
by the Compan/. This Company receives no deposits,

guarantees no other securities, and has no other debts
than its bonds. Its mortgages are of like character to
those whl ;h have been bought In the last twenty years
by Individuals, Life Insurance Companies and other
jfty MilCorporations, to the amount of more than
lions of Dollars, proving a most Becure and satisfactory
Investment. The loans are all upon improved farms
In some of the most fertile Western States, near the
railroads, with short aid perfect titles, and average
less than $5'.J0 each, upon property appraised at about
three times their amount. Experience has proved that
well-selected mortgages upon this class of property
are safer than those upon city property, either In the
East or "West. They are not affected by fires, or by
business revulsions principal and Interest are more
Sromptlypald and upon the success of agriculture
epends tiat of alu.ost every industrial investment.
fc

;

CAPITAL,

-

Henry L. Pierce.
DIRECTORS
E. R. Mndge,
John P. Putnam.
Henry Saitonstall,
Charles L. Young,
David R. Whitney,

-~~

^

-

-

.

St.

$1,000,000.

Authorized by law to act as Executor, AdministraGuardian, Receiver, or TruBtee, and as a

tor,

LEGAL DEPOSITORY FOR MONEY.
Interest allowed on Deposits, which may be made
and withdrawn at any time.
N. B.— Checks on this Institution pass through tne

EDWARD

Clearing-House.

M. McLean,

KINO,

810

P. Ct. Interest
Iowa Bonds & Mortgages

FRANK & DAR-

GEO. W.

ROW, BANKERS and Negotia-

tors of Loans, Corning, Iowa,
and 195 Broadway, Western Union Bldg., N. Y.,make
loans on the best improved farms In Iowa, at 8 te 1
per cent Interest. Always first liens and improved
/arms
never exceeds one-third the cash value
The bonds have coupons
of the land alone.
attached, and the interest is paid semi-annually, at
the Central National Bank, in New York, and the
principal, when due, at the same bank. Several years'
experience of the firm In loaning has shown these
loans to be
j

PERFECTLY SAFE!
The Interest and principal have always been paid
when due, without the loss of a dollar. Send for full
printed particulars, or call at the New York office
and examine maps and applications for loans In sums
ranging from |5W to $5,000.

REFERENCES
Wm. A. Wheelock, Esq., Prest. Cent. Nat'I

New

H. OGILVIE, Secretary.

Clinton

sts.,

in

the most

STOCKS

.

The

charter to ac
guardian, execu or or adminis-

trator.
It can act as agent in the sale or management of real
estate, collect interest or dividends, receive registry
an£ transfer books, or make purchase and sale of Governs tnt and other securities.
Relfgioue and charitable Institutions, and persone
unaccustomed to tne transaction of business, will find
this Company a safe and convenient depository for

RIPLEY ROPES, President.

CHAS. R. MARVIN, Vice-Free
Eoe k M. Cullbn. Counsel.

t.

,

A. C. Burnham,
CHAMPAIGN, ILL.,
OFFERS FOR BALE
REAL
ESTATE FIRST
$200,000
.MORTGAGE COUPON RONDS,

[Established 1861.]

1

amounts of

n

$1,000

New York, and

and upwards, yielding

EIGHT

to

BURNlIAlf,

negotiated through the houses of

TREVETT& MATTIS,

Champaign,

III.

BURNHAM <* TULLEYS, Council Bluffs, Iowa.
BURNHAM, ORMXIiY dk CO., Emrnetibtirg, Iowa.
BURNHAM <t BUYER, Qrlnucll, Imca.
KANSAS LOAN A TRUST CO., Topeka, Kan.

TRUSTEES:

J.S.Rockwell,

Jobn P. Rolfe,
t'homas Sullivan,
tf . E. Pierrepont,
Trthn Haloey.
Alex. M. White,

Henrv Sanger, Alex.McCue,
Chag.'R. Marvin, A. A. Low,
Ar>m. B. Baylia, S. B. Chitteaden,
Dan'l Chauncey, John T. Martin,
Joslah O. Low, Ripley Rones.
Austin Corb»n. Edmund W.Corllei.
Wm. R. BUNKKR. Secretary

United States Trust Co.
OF NEW YORK,
No. 49 WALL STREET.

SALES

and

ceiver of estates.

Interests Allowed on Depomits,
which may be made at any time and withdrawn after
five days' notice, and may be entitled to interest for
the whole time they may remain with the Company.
Executors, Administrators or Trustees of Estates
and Females unaccustomed to the transaction of
business, as well as Religious and Benevolent Institutions, will And this Company a convenient depository
for money.

TRUSTEES;

JOHN A. STEWART, President.
CY vl
I
M H
8ld -»'
^, Ai .t ci scr
1
WILLIAM DAUROW, Secretary.
Ass't
CLARK.
Secretary.
JAMES

-^

I

W. CALHOUN,

Tnz Bridox that has cabbikd you safely ovxb

CENTRAL ILLINOIS LOAN
over New England and the Mid-

AGhNCY, known

all

dle BtateB as the Agency
paid as certainly and a*

whose

Interest coupons are
promptly as the coupons it
Government Bonds, has enlarged Its Held and changed
1
n,",me
KANSAS, MISSOURI CENTRAL
TV,
,!; ,",?"£
ILLINOIS
LOAN AGENCY." There Is &no change In
SiSlaJS?i?r or management. If a certain clean TEN

PER CENT will satisfy you, address for Circular,
Mraswiu & central Illi4£$8VAl&8$&£i
nois LOAN AGENCY," Jacksonville,
III.

classes of

OH

WEDNESDAYS AND SATURDAYS.

ADRIAN

II.

IHIILLER

&

SON,

PINE STREET,

No. 7

Grant

&

NEW

YORK.

Company,

BANKERS AND BROKERS,

No. 33

VAIL STREET.

TRANSACT A GENERAL BANKING BU8INES8
STOCKS BOUGHT AND SOLD ON COMMISSION
INTEREST ALLOWED ON DEPOSITS.
Grant.

G. St.

John SHRFrRLB.

Miscellaneous.
ThiB Company is a legal depository for moneys paid
Into Court, and Is authorized to act as guardian or re-

Complicated accounts of Estates and Partnerships
Investigated and adjusted. Accounts prepared for tne
Surrogate. Books of Public Companies, Firms, Ac,
opened, written up or closed.
Special attention given to railroad Investigations.

established

all

Surplus, $4,000,000.

Accountant

A Solid Ten Per Cent.

of

STOCKS AND BONDS,

R. Stttdam

Capital

All these loans are carefully made, after personal
Inspection of the security, by members of the above
Arms, who. living on the ground, know the actual
value of lands and the character and responsibility of borrowers, and whose experience in the business for the past SIXTEKN YEARS has enabled them
to give entire satisfaction to Investors.

The old

REGULAR AUCTION

hold

undersigned

f

TEN per cent semi-annual Interest, payable In the City
of

BONDS

and

At Auction.

Brooklyn, N Y.

$500,000.

G. GO0DALL, President,
Van Zandt, Vice-Pres. & Manager.

Theo. H. Freeland, Sec. Geo. n. Statner, Treas.

:

Bank, N.T.
Oilman, Son & Co., Bankers, 41 Exchange Place, N. Y.
H. C. Fahnestock, Esq., First National Bank, N. Y.
Henry H. Palmer, Esq New Brunswick, N.J.
Chas. J. Starr, Esq., htamford, Ct.
A. J. Odell, Esq., Sec'y D. L. & W. RR. Co.
Aaron Healy, Esq., 5 Ferry street, N. Y.
Edwards & Odell, Attorneys, 52 William street, N. Y.

ARTisgrir style,
AND

Company is authorized by special

money.

York.

Bank-Notes, Bonds for Governments and Cor
porationb, Bills or Exchange, Certificates
of Stock, Postage and Revenue Stamps
Policies of Insurance, and all
Kinds of Securities,

C. L.

Geo. Cabot Ward,
Theodore Roosevelt.

&

CO.,

BROADWAY,

142

ENGRAVES AND PRINTS

The Brooklyn Trust Co.
ThiB

Hon. Henry W. Paine, Boston,
Simeon E. Baldwin, New Haven.

BANK-NOTE

ALBERT

Wm. Wiiitewright,

G. G. "Williams,

ct.

American

Samuel Willets,

M. McLean/,
Hutton,
Wesley,

B. H.
E. B.

is receiver, trustee,

also

a year on $1,000 of Bonds, or a tenth of one pr.

EXECUTIVE COMMITTEE.

CAPITAL,

TTpham.

;

IS A BUILDIXQ PROOF AOA1SST FIRE.

1st

Cor. of Montague

oounssl:

$1

President.

Vice-President.
"Wm. Whitewrigut, 2d Vice President.

J.

annum)

RECEIVES ON SPECIAL DEPOSIT,

YORK,

Transfer Agent and
Registrar of stock*.

J.

Prosd't.

COR. LIBERTY ST.

BURGLAR-PROOF VAULTS

In Its

($15 to 1200 per

HAS SPECIAL FACILITIES FOR ACTING AS

Charles L. Flint,

J. B.

RENTS SAFES

OFFICE,

J.

Little,

BROADWAY,

146

;

CO.

:

James L.

&

UNDER GUARANTEE,

NEW

OF

FRANCIS H. JENKS,
110, 143

BONDS, STOCKS, MORTGAGES WITH THE BOND,
WILLS, PLATE, JEWELRT, VALUABLE PAPERS

No* 73 Broadway, Cor. Rector

President.
Treasurer.

VICB-PBKBIDENTS
Geo. C. Richardson,
Thomas Wiggles worth,
George P, Upham,

Choice

(THE FIRST ESTABLISHED IN THE WOELD.)

& TULLEYS,

UNION TRUST

HENRY SALTONSTALL,

FtfANCIS A. OSBORN,

net.

Safe Deposit Co.
OF NEW YORK,

Council Bluffs, Iowa.

Bl JR1VIIAM

A

43 Milk

NINE PER CENT

Send for Circular.

#500,000.

Accrued

at

First-Class mortgages, amply secured on improved
farms, constantly on hand and for sale at the office of
OILMAN, SON & CO., 47 Exchange Place, New York.
Kefer to John Jeffries, Esq., Boston, Mass.; Jacob D.
Vermilye, and Oilman, Son & Co., New York; J. M.
Allen, Esq., Hartford, Conn., and others, on application.

ITS

CAPITAL STOCK OF

business. Make none but safe loans. Loan no more
than one-third the actual value of the security. Guarantee a personal Inspection of the security in every
Farm Loans, when carefully placea, safe as
case.

Government Bonds
Iowa Loans made

25, 1877.

Financial.

FIRST MORTGAGE SECl KIT*
Mortgage Security Co. ON
Have had an experience of over twelve years in the

XtillS.

[August

Financial.

Financial.

the new

1

No. 80

Brinckerhoff;Turner & Co
Manufacturers and Dealers in

COTTON DUCK
FOR

CAR COVERING AND CAR SEATS,
INCHES WIDE,
And all kinds of
COTTON CANVAS, SAIL DUCK, FELTING
DUCK, BAGGING, RAVENS DUCK, SAIL
TWINES, &c. "ONTARIO" SEAMLESS
BAGS, "AWNING STRIPES,"
14 to ISO

Also, Ageuts

United State* Bunting Company
A full supply, all Widths and Colors always
in stock.

&

Auditor,

NASSAU STREET.

Refers by Permission to
W. A. Wheeloek, Esq., Pres't Central Nat. Bank.
Jas Lynch, Esq., Pres't Irish Emigrants' Society.
Col. H. S. McComb, Pres't N.O. St. L. & Chic. RR. Co.
Ex. Norton, Esq., Pres't Panucah& Memphis IMi.Co.
Jos. F. Joy, Esq- Receiver Dutchess & col. llll.
Hon. H. A. Smylhe, late Collector of Port of N. T.
Hon. Jas. P. Sinnott, Judge of the Marine Court.
Messrs. Van Winkle. Candler & Jay. Counsellors.&c.
Messrs. Brooks, Ball & Storey, Boston, Mass.
Messrs. Bunald, Sons & Co., Liverpool, England.
Messrs. Bcneckc Bros., London, England.

NEW

YORK.
ST.,
Elrert A. Bbinckerhoff, J. Spencer Turneb,
Henrt D. Polbemus, Special.

DCANE

109

ESTABLISHED IN

1852,

Henry Seibertfc Bros.
LITHOGRAPHERS

RIVERS,
E3VOLEDGER
AND

BUILDING,

No. 182
Railroad
Specially.

WILLIAM STREET,

N.

Y<

Bonds and Certificates of Stock a
Commercial Blanks of aUtsinds.

Mmms minimal
OF TUB

COMMERCIAL AND FINANCIAL CHRONICLE.
PUBLISHED ON THE LAST SATURDAY OF EACH MONTH
Furnished Gratis to
[Entered according to act of Congress. In the year

NEW

1877.

all Subscribers of the Chronicle.

by W*. B. Dana

or TBI

otih

^muttrial CljnmiclL

The Supplement is leaned on the last Saturday of each month, containing
a complete exhibit of the Funded Debt of States and Cities, and of the Stocks
and Bonds of Railroad and other Companies.
It is furnished without extra charge to all regular subscribers of The
Chronicle no single copies are sold at the office, as a sufficient supply is
;

printed for subscribers only.
Transient advertisements are inserted at twenty-five cents per line; advertisement by the quarter, six months or year, at special rates.

INVESTMENTS

IN

AUGUST.

There have been no features of special interest in investment
The money market has
securities during the present month.
worked a trifle more closely, but rather in anticipation of a hardening in r*tes for money in the coming autumn, than in any
Since the
decrease of the present abundance of loanable funds.
closing of books for the U. S. four per cent loan, and the advance
in price made by the Syndicate, there have been small transactions in the bonds, which was perhaps to be anticipated.
An interesting sequel to the riols at Pittsburgh is found in the
notice published by the Pennsylvania Railroad to parties who
had property destroyed in the cars or on the premises of the
company in the city of Pittsburgh on July 21 and 22 ultimo
This notice states that the company's counsel will present the
claims of all such parties when duly made up and forwarded to
the General Freight Agent, and if the County of Allegheny
refuses to pay the claims and suits become necessary, they will
be prosecuted for the claimants without charge. The question
damages to property done by

of the liability of municipalities for

mob

violence

not a

is

brought up

new

one, but

it

has not been very prom-

aud the turbulent proceedings and destruction of property which attended
the recent railroad strike, may bring up for discussion the points
of law connected with the subject, and pessibly lead to the establishment on a mors settled basis of the principles of law defining
the liability of municipal corporations under such circumstances.
Quite an elaborate article by Mr. Robert P. Porter, on municipal debts in the Utited States, is published in the September
inently

Co., in the office of the Librarian of Congress, Washington, D. 0.1

YORK. AUGUST

INVESTORS' SUPPLEMENT
Cnmnierciol

*

to public notice of late years,

25,

1877.

only ton and fifteen thousand Inhabitants.
It will be observed
from this table that New York, the largest and wealthiest city
on the continent, heads a growing columa of large municipal debts.
In 1869 a desperate gang of thieves held control of every department
neirly every department of the State
of the city government, and
government, and this debt is a legacy bequeathed by them to the taxpayers of the city. But fhe debts of other cities are not lees formidable
The same conditions that
in comparison to their population than New York.
led to New York's municipal experience exist in other large cities to-day,
and have not yet been remedied even in that ci y. Other cities are not irritated much. They may suspect all is not right, but while their own debt
gets bigger and bigger, and the taxes become more burdensomo every year,
they look upon New York*s experience as a local disgrace. In this they may
someday be bitterly mistaken. Brooklyn, with Its debt of $35,153,114; Baltimore, with $33,343,251; Philadelphia, with $66,16.1,271; Cincinnati, with
$23,334,701; Chicago, with $17,831.6*2; and St. Louts, with $16,3IR,0JO, m%y
it,
the lesson
lull themselves into fancied security, but depend upon
vouchsafed to New York cirries with it as deep a significance in Maryland
or Pennsylvania. Ohio or Illinois, or Missouri, as it ever had In New York;
and the question of ruling such populations as these by me^ns of universal
suffrage is no less an important one in these States than it is in New York.
"In the investigations just completed, one hundred and fifty ci'ies, representing every State in the Union, were selected and inquiry instituted as to
their debt, valuation, taxation, and population in 1866 and in 1876. One hundred and thirty responded to the inquiry. The statistics furnished by the
officials of the one hundred and thirty ci'ies are as accurate as it has been
found practicable to make them. They are. of course, defective in a few cases
Some reports do not eupp'y specific information on all heads; in some cities
no proper records seemingly are kept of these matters, and the debt of 1666 in
These omissions have been supa f w instances could not be a-certained.
plied In each of the time elements represented uamely, debt, valuation, and
taxation— by adding together all the complete returns, and estimating those
cities of

—

omitted at the same rela'ive proportion as the aggregate footings of the complete columns bear to each o, her. The reader will readily be able to discern
where this has been done: in the debt columns, cities in which the debt of
18S6 is exactly one-third of that of 1876; in the valuation and taxation columne,
in which the valuation and taxation are exactly half."

The reports of the Savings Banks in this State to July 1, 1877,
have just been issued, pursuant to the law requiring semi annual
statements. The desirableness of such statements can hardly be
questioned, and the importance of a strict and honest investigation into the affairs of banks, and prompt action by the State
authorities whenever palpable weakness is discovered, has received a sufficiently striking

York State Senate

comment

New

in the action of the

in the case of Mr. Ellis.

The following comparative table shows the condition of the
Savings Banks of New York City in aggregate, Jan. 1 and July 1,
1877:
Jan.

Resources.

Other re il estats (cost)
Ca-h in other banks, e'.c

la-h ou hand
Otherassits

Aud

1,

1877.

1877.

1,

1,I8\656
7,811,925
3,811,298
7,535,334

2,952,553
7,481,028

7,98.',226

78

71

$:OD,452,9)l

$232,656,631

$179,116,^.5
574,329

32

$191,267,019
811,228
31,088,400
84

$200,451,OOt
459,055

$302,6«6,681
46i,684

for cents

Total resources

July

$55,9:1,828
151,397.7.0
1,472 040
3,859.668
1,518,057

$58,951 ,3i2
114.914,209
2,380,385
3,803,7!9

Bonds and mortsages
Stocks and bonds at cost
Loans on slocks
Banking houses and lots (cost)

Liabilities.

number

The

one Due depositors
hundred and thirty cities in the United States, and compares Other lt.b titles
Surplus
the debt, etc., showing the following aggregate totals:
Addforceuts
Galaxy.

of the

writer

gives

a table of

Total Debt.

Valuation.

Annual Tax.

Populatior.

1876

$644,378,661

ISM

01,313,009

$6.173.0S',15S
3.151 619,331

$112,711,275
64 06J,098

8,578,2)!)
S,919,'J14

The writer wishes to represent most forcibly the fact that city
debts have rapidly increased, and making allowance for his

r.

To'al liabilities

Open accounts

The following comparative table shows the condition of the
Brooklyn Siviugs Banks in aggregate:
Jan.

Rfouras.
on his side of the argument, Bonds and
mortgages

desire to bring everything to bear

we may

80,78-.\2R5

quote from the article as follows:

" The aggregate municipal indebtedness iif these cit'es is now over 10 per
cent or
value of property, whereas in 18b« it was oily 6 per cent,
showing an increase of lndebtelncss of 4 per rout of the valuation of proper! v.
It will al-o In Men that debt has increase
upward of $420.0CO,OOJ in the last
decennial period, a yearly iucrea<e of $12,050,000. The percentage of increase
is about as follows:
"'
Inciease of debt, about 200 per cent.
" IncreaM of annual taxation, about 83 per cent.
" Increase f valuation, about 7.", pel e-nr.
'"
Increase of population, about 83 per cent.
i!
lion and va.uc of property have by no means kept pice with debt,
has grown to a magnitude that may occasion surprise in quarters where
correct Information on the subject might have b^cti expected.
"The cities embraced in the table li.ve not been selected bcciuae of in lr
large debts, but so far as possblc to represent the entire country.
While the
tabic contains most of our large cities, the investigations were not strictly
confined to the mora populous towns, and in the table will be found some
i

!

I

1.

1877.

$17,557,741
32,077,379
597,350
1,684.486

stocks and bonds at cost
Loans on stocks
Hanking houses and lots (cost)
Other real estate (cost)
Cash In other banks, Jtc

"I-SS

1,:66,.82

JXfd
9,571,817

Cashonhand
Otherassets

85

Addforceuts
Total retourccs

July

1, 1877.
$1,,19.>,9U>
84,.48.4,,

84,150
'

,
'

•V?

9,

.tl?

V.1-%%
"
;

?

'

,£
'125
, MI 8
SJ
J»
'

'

$56,160,422

$57.<31,833

$50,419,797

« M .8f7.*1S

<

HibUilus.

Due depositors
ot h eM,a.,ime............................._.

^.

,«*£

:

Addforceuts
Total liabilities

Open accounts

^.jg

•»

|7_

$S*7ifiO,4S2

$57.e3!83:l

188,»M

14I,5M

STOCK AND BOND TABLES.
NOTES.
These tables are expressly intended to be used in connection with the information concerning Investment matters, published from week to
week in the Chrosicle— to which an index is furnished in the remarks at the foot of the tables. Annual reports are in black-faced figures.
A full description of U. S. Government Securities is published regularly in the Chronicle each month, as soon as the official " Debt State-

ment"

is

issued.

Prices of all Stocks and Bonds are quoted weekly in tho Chronicle.
The following will give explanations of each column of the tables below
Description. Railroads leased to others will often he found under the lessee's name. The following abbreviations frequently ocour, viz.: M. for
"mortgage," s. f. for " sinking fund," 1. gr. for " land grant," reg. for " registered," coup, for " coupon," Br. for " Branch," guar, for " guaranteed,"
end. for " endorsed."
Date of Bonds— The date of issue on tho face of the bond is referred to in this column.
Miles of Road.—Opposite Stocks, this means the miles of road operated, on which the earnings are based; opposite bonds, the miles covered
by the mortgage.
Size or Par Value. These figures are dollars, showing the denominations or par value. The figures " 100, Ac," signify $100 and larger.
Rate Per Cent. Tho interest per annum is given for bonds, but the per cent of last dividend for stocks a means gold x, extra s, stock or scrip.
When Payable.—J. A J. stands for Jan. A July F. A A., Feb. A Aug.; M. A S., March & Sept.; A. & O., April A Oct.; M. A N., May A Nov.; J. A
D., June A Dec; Q.—J., quarterly from January; Q.— F., quarterly from Feb.; Q.— M., quarterly from March.
Bonds, principal when due : Stocks, last dividend.—The date in this column shows the period when the principal falls due of bonds, but the tim a
when the last dividend was paid on stocks.

—

—

—

;

;

;

;

STATE SECUEITIES.
Snbocrlbere wl II confer a great favor by giving Immediate notice of any error discovered In tlieae Table*.
INTEREST.
Size or
Date of
Amount
DESCRIPTION.
Principal when
par
Outstanding tjotA
When
Bonds.
Where Payable and by
Due.
Kate.
p a y ab e
Value.
For explanations see notes above.
Whom.
i

Alabama—
State bonds, due in 1872 and extended.

.

do
do

extended
do
Sterling bonds of 1850, extended
Sterling bonds, extended
do
do
do
do
Bonds of 1866

Bonds

New

of

1868

8 percent, loan of 1872

do

do

1873

Railroad substitution loan, gold (Act Apl. '73)
Substitution bonds (A)
forRR ($4,000 p.m. loan) (B)
do

1872
1866
1866
1870
1866
1866
1867
1866
1868
1872
1873
1874
1870
1876

$100Ac,
100 Ac,
100 Ac.

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

5

' 05,000

8

g

'

I
8
<

172 .ooo
4,655 .000

2 Ac.

456 ooo

5

2,810 670

'1870

9,193 ooo

1869 to '70 1,000
1870
1,000
Levee bonds (or warrants)
1871
100 Ac.
Old unfunded debt, including interest
1838 to '39
Ten yearb'ds, ActMay29,'74
1875
8ecured sinking fund bonds (Act. Dec, 1874)
1875
To Memphis A Little Rock Railroad
1869
1,000
To Little Rock A Fort Smith Railroad
1870
1,000
To Little Rock, Pine Bluffs & N. Orleans RR.
1870
1,000
To Miss., Ouachita A Red River Railroad
1870
1,000
To Arkansas Central Railroad
1870
1,000
State scrip
1863

California—

J.

1,886,000
1,316,000
1,980,773
1,985.955
•
258,300
256,000
1,200,000
1,000,000
1,200,000
600,000
1,350,000
1,353,120

6

J.

6
7

J.

6

J.

7
7

A.
A.
A.
A.
A.

7

7
7

5

A8

95,500
500,000
2,801,000

7g-

Coupon
1863
1,000
S
or
1864
1,000
not taxable, 20 year.. ) regist'd.
1865
100 Ac.
New bonds, coupon, 10-20 year
1877
1,000
District of Columbia—
Permanent improvement, gold, coupon or reg.
1872
500 <fec
do
do
currency
1873
Fund, b'ds (U.8.guar.,Acts June,'74A Fcb.,'75)
1874
50Ac.
Market house bonds, coupon
1872
50 &c
Potomac water bonds, coupon
1871 to '73
1,000
Washington funding, gold
1872
100 Ac.
Other Washington debt
1828 to '68
Corporation of Georgetown
Florida—
State bonds
1871
Consolidated gold bonds
1873
1.000
Loan to Jacksonville, Pensacola A Mobile RR.
1870
1.000
Georgia—
Atlantic A Gulf Railroad bonds
1858 to '66
500
Bonds, act of Mar. 12, '66 (renewal W. & A.)..
1866
500 Ac,
§uarterly gold bonds, act of Sept. 15, 1870.
1870
1,000
onds, act of Jan. 18, '72
1872
1,000
Bonds for funding (Act Feb. 19, '73)
1873
250&C,
Bonds to fund coupons on endorsed bonds...
1876
1,000
Bonds exchanged for RR. bonds endorsed
1877

877,000
1,318,500
1,741,100
1,000,000

6
6

—

Warbonds, 20year
do
20year

~t

do

Alabama.—The State gives 30-year bonds, dated
1, 1876. bearing 2 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, for old bonds, without any allowance for past-due coupons. The ex-

July

change may be made at Montgomery. Alabama
A Chattanooga endorsed bonds may also be ex
changed (for $1,000,030 of the new bonds, class C.)
For railroad endorsements the bonds issned

be«r 5 per cent. The report of Funding Commissioners is iu V. 2), p. 622, and amounts above given
are as they stood November, 1876. An analysis of
the debt and funding operations is in V. 44, p. 28.
The value of all taxable property is given at
Tho assessed
$100,000,000; tax rate, 7</t mi.ls.
valuation of real estate in 1875 was $8.3,851,852. (V.
22, p. 110, 157, SOi, 521; V. 23, p. 39, 40, 397, 622; Y.
24, p. 28, 420.)

Arkansas.— Kate of taxation, 10 mills. The State
default for interest, except on the ten per cents
of lo74 and secured sinking fund bonds, issued
under the law of December, 1874. Assessed valuation of taxable property, $94,095,2)3.
The total
Is in

interest overdue July 1, 1876, was *4,127,68i, making
total bonded debt. $15,90^,310.
Board of Finance
was appointed in January, 18*5, to confer with bond-

A

holders of the S'..Ue and they issued a notice as
Quoted in V 20, p. 161. New pro|0-ition for an
adjustment in V. 25, p. 161. (V. 23, p. 171; V. 24,
p. 88.

4S\

466, T64;

V.

25, p. 161.)

C*ifornia.-ThQ State holds in trust for School

A

York.

do
do
do
do
do
do

Bank State

New

N.

Y

May, 1892
May, 1886
May, 1886
June, 1890
1886
1886
1886
1886
1888
Jan., 1892
1893
1894
July 1,1906
July 1, 1906

York.

J,

do

1889

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

350,000
899,400
4,000,000
900,000
3,600.000
2,098,000
•

6g.

6
5

&
&

J

N. Y., Union Trust Co.

personal

1899
1900
1900

do

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

J.
J.
J.

Sacramento, Treasury,
do
do

J.
J.

Hartford, Treasury,

O.
N.

do

"1899"
1900
1900
1900
April, 1000

1883
1885
1893

do

do
do
do

do
do
do

Jan.
Jan.

1,
1,

Oct. 1,

May

1,

1883
1884
1885
1897

July 1,1891
July 1, 1891
do
3-65
Aug. 1, 1924
do
do
A.
July 26,1892
Washington, D. C.
7
J.
do
Oct. 1,1901 to '03
7
J.
1892
6 g. Various New York and Washington.
Washington, D. C.
5, 6, 7-3 Various

1*

6
7

6g8g.
6

7

307,500
900,000
542,000
2,278,000

property,

do

* J New York, Latham, A. & Co
& O, N. Y., Union Trust Co.
A O
do
do
do
A O
do
A O,
do
do
do
do
& O,

J. N. Y., First
do
J.

Q.—J.

$139,217,695. total,

$5 .)4,238,016.
This amount appears smaller from
the deduction of "solvent debts"
1876, but
otherwise would have been much higher.
Tax,
73^;ceuts per $100.
The Governor advises the
gradual cancellation of the bonds held in trust
and the purchase of foreign securities in their
,

m

place.

Connecticut.— The debt of Connecticut was all
created originally for war purposes, and has been
reduced since 1866 from $I0,00J,000 to the present
figures by sinking fund purchaser*. The 1861 bonds,
payable at pleasuro since July, 1871. and those of
1864 since October, 1874, lire paid off with proceeds
of the new loan. A-^essed value of real and personal property, $351,785,469; rate of taxation, VA
mills. (V. 24, p. as;.)
District of Columbia— The total assessed value
of taxable real estate in 1875 was$9!,45i,684. United
States Attorney-General Picrrcpont rendered an
opinion that the faith of the United States
is pledged for the payment of interest on the
J*.65 bonds, but conflicting lc-trfil opinions have been
rendered as to the ri^ht of New York savings bank!
to invest in these, as government securities. The
interest due February, 1876, was not paid till March,
as no appropriation was made
by Congress.
The interest due An?., 1876, and Feb., 1877, has
been provided for by the Sundry Civil bill.

National Bank,

do

& J.
& J.
F. A A.
J. & J.
Q-J.
J. A J,
A. & O.
J. A J
J. A J
J.
J.

and Univcrsttr funds the $500,000 Capitol bonds
and $2,063,000 of bonds 1873. Total valuation of
property, 1876, was as follows: Real estate, $454,890,351;

J

"1884"

10

1863
500 Ac.
1870 to '72
1873
500&C.

State capital bonds
Funded debt bonds of 1873
Connecticut

New

N.Y., Nat.

8
8

York.

do
do
London, Union Bank.
do
do
do

998 135

Arkansas—
Funding bonds of 1860 and 1870
Funding Bonds 1870 (Holford)

Soldiers' relief

Now

"•"

300 000
2,000 000

1870
1870 to '71

A
&
A
June
J. A
J. A
J. A
J. A
J. A
J. A
M. A
J. A
J. &
J. A
M.
M.
M.

5

5

}

100 Ac,
100 Ac,

Educational funded debt
Direct loan to Montgomery A Eufaula RR. .
Direct loan to Alabama A Chattanooga RR.
Railroad bond indorsements
Stttto certificates and Auditor's warrants. . .

$57 000
601 000
128 900
299 275
20 343
33 992
205 620
279 200
150, 500

N. Y., Importers'

do

A Tr. B'k.
do

Jan.

1,

1903

and 1886
May, 1886
1890
July, 1S92
Aprlll,1878to'S6
July 1, 1896
1889

N. Y., Fourth National B'k, 1878-'81

do
do
do

do
do
do
do
do
do

do

do
do

Oct.,

(V. 20, p. 239, 446; V. 21, p. 63, 417, 465; V. 22,
p. 181; V. 23, p. 512; V. 24. p. 39.)
Florida.— Less the sinking fund of $97,900. and J.
P. and M. loan, the total debt is $1,161,700, which
does not include $132,000 bends of 1857, held by
Real and personal property
Indian Trust Fund.
arc valued about $35,000,000; tax rate, 7 mills. The
Mobile RR.
loan to Jacksonville Pensacola
secured by mortgage on road, and the question as to
the Sta'e's obligation to tho bondholders was before
the United States Supreme Court, aid 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 the road was to be sold by
the State in March. 1877.
(V. 21, p. 466; V. 22, p.
158,233; V. 23, p. 576.)
Georgia.— The State Legislature and a constitutional amendment in 1877 declared void Beveifd
issues of bonds and railroad endorsements which
were duimed to hive been tainted with fraud, and
the above statement i* made of the recognized debt.
The So. Ga.
Florida Railroad also has $461,000 or
bonds endorsed, but the Company pays interest and
the rood is estimated to be nearly worth the bonds.
The total State debt is $11,109,500, and there are
assets valued at $8,050,tlC0.
Assessed value of
property in 1876 was as follows: Lands, $91. 855, 772;
citv and town property,
$5).180,0S7; personal,
$99,811,841; total, $2;5,853,750, against $261,755,884
in 1S75; rate of tax in 1877, live mills.
Governor's
Message, V. 24, p. 89. (V. 22, p. 4)0, 590,614; V.
23, p. 62J; V. 24, p. 89, 15i; V. 25, p. U8, 162.)

&

&

»

IT 35, 1877.

STATE SECURITIES.
|

Subscriber* will rmifrr

great finor by

Date Of
Bonds.

DK8CRIPTION.
POT explanation

we notes on first

arlvlnst

outstanding

1,000
1,000
1,000

Thornton loan bonds
Wat bonds

100 Ac.

Indiana—
-liort

Amount

nor

1847

Normal University bonds

do

Size or

1875

lonn

1-Tti

<b>

School fund bonds (non-negotiable)
sTaatas
Bonds. HOI to •<;<!. filtiditit.-. ."(•
Bonds for various state purposea
M tit a ry loan
i

notice, ot

Value.

page of tables

lllinoit—
Interact bonds, insi-ribed stock
Bejfunded stock bonds

Bonds,

Immediate

1801 to '69 100 Ac
1861 toTS 100 Ac
180-1 to '65

any error discovered In these Table*.
INTEREST.
Where payable and by
Payable
whom.

Whin

Rate.

200,000
510,000
3,904,788

7
6

A.

A J
A J
A
A S.
A J
A O

A.

,V

6

Various

101,175
739,000
289,000

6
7
7

J.
J.

120,000
518,000

6

J.

6

•JO7.0O0

8

526,000
747,500
100,300
80,000
87,000
1,672,000
200,000
10,000
184,000
70,000
2,500,000
875,000
10,473,700

6
8
6
8
7

Various
Various
M. AN.

$913,164
224,000
•j:Uhmi

HO.OOO
142,300

e
o
6
e
6

500
1,000
1,000
1,000

500
100 Ac.
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
1,000
100 Ac.

500 Ac.
500 Ac.
100 Ac.

25,500
385,000
307,000
2,330,000
2,826,900

1839
1837
1870
1839
1839
1868
1870 A "74
1872 A '76 100 Ac.
1872

2,028,838
2,551,444
155,615
31,069
209,000
528,355
298,435
62,605
3,226,750
225,000
405,000
454,361

1,000
500 Ac.

Maryland—
Baltimore * Ohio Railroad, sterling
Chesapeake A OhioCanal, sterling
Railroads and canals
Kastern Shore Railroad
Baltimore A Susquehanna Railroad
Chesapeake A Ohio Canal
Baltimore A Susquehanna Railroad
Annapolis A Elkridge Railroad
Defense Bounty Ix»an

Deaf and Dumb Asylum Loan
Maryland Hospital Ixian, 10-15 years
Maryland State Loan
Massachusetts—
Back Boy Lands Loan
Union Fund Loan
Coast Defense Loan
Bounty Fund Loan
Bounty Fund Loan
do sterling
do

1838
1838
Various.

500

1861 to '62
1862
1863
1863
1864
1864
1869
War Loan, sterling^
1858 to '61
Troy A Greenfield Railroad loan, sterling
home
1861 to '63
do
do
sterling
1868
do
do
sterling
1871
do
do
sterling
1875
do
do
dollar bonds 1873 to '74
do
do
CO
1875
do
do
1860
Southern Vermont Railroad Loan
1868 to '69
Boston, Hartford 4 Erie Railroad, sterling
<5-20s)
1874
A '76
Improvement
Harbor Laud
1874 A '76
Dnnvirs Lunatic Hospital
Lunatic Hospital, Worcester....
New State Prisons, sterling

The Illinois Central
soon be extinguished.
Railroad charter tax on earnings contributes over
$300,0u0 per year to the State revenue. For 1876
the total assessed value as equalized was: personal

property, $20-;.9n8.7 6: lat.ds.$li0,119.2.ii; town and
city lots, $261,795,841; railroads, $38,926,090; capital stock of corporations, $3,373,751; total, $1,001,188,110. State tax in 1816, 28 mills. For the year
1875 there was levied in the State: State taxes,
$8,966,696; County taxes, $6,438,787; City taxes,
•6,996,668; Town, district and other local taxes,
$11,606,114; total, $29,007,461. (V. 84, p. 40.)
I

Indiana.— There are also $139,000 of war bonds.
There is a question as to the State's obligation to
pay the Wabash & Erie Canal debt. A reference
to the origin of that debt, arising from the State's
compromise with the bondholders in 1846, will be
found in the Chronicle, V. 19, p. 493; seo also p.
526.
A suit on the question was brnnght and decree
of sale obtained (V. II, p. 85; V. 22, p. 104, 616). Taxable valuation, 1876— real estate, $63s,246,860; personal, $ 28.36 ',781; railroads, *3S,a»,935; corporavalnation.
$861,7-20,440,
tions, $4 900.811; total
in 1875, and $933,581,007 »> 18:3.
sgalnsl
towns to
13
mills.
law
permitting
Tax rate,
Issue bonds was passed in 1875, the main section
i

A

bcins as follows:

"Sacrum i.— Be U enacted

*>/ thi Oeneral AssemThat any corporated
which shall have heretofore, by
of
Board
of
commenced the
action
its
Trustees,
the
erection of any public bufulings, to be used as a
market house, engine house or other public pnrsndshsll not have the necessary means with
which to complete such building, on the paan ordinance authorizing the SUM by the Board of
Trustees of said incorporated t«wn, issue the bonds
of such town to an amount not exceeding in the
aggregate $10,000, in denominations ,»f not less than
$50 nor more than $500. and payable at anv place
that may be designated in the bonds; the principal

bly of the Slate of Indiana,

town

in this- St.-ite

.

500 Ac.

£100
200 Ac.

£500
1,0<0
1,0(0
5,000

A.
J.
J.
J.

A
A
A
A

1,497,980
700,000
1,300,000

101,000
822,000
357.000
46,000

-

A

Co.

do

N. Y., Winslow, L.

do
do
do
do
do
do
Augusta and Boston.

gg.

*
g.
gg-

M.
M.
J.

A.
A.
A.
J.

g-

J.

g
t
5g.

J.
J.

5 g

J.
J.

-

A.
-

5*
g
-

*

S
l
5 g.
6

6
7

6

-

J.
J.
J.

Boston, Treasury.

London, Baring Bros.
do
do
do
do

A
A
A
M. A
|J. A

J.

J.
J.

on the dollar, nor bear a g-eatcr
Interest than eight per centum per
similar law was passed for counties.

four cents

A

(V. 82, p. 203.)

—

Kansas has but a small State debt, but
of municipal bonds have been large.
valuation of real and personal property
in 1876 was $132,144,580, of which $23,04V01 was
Sersonal. Tax rate, 5Vf mills for State purposes,
tatc funds hold |610,925 of the bonds. (V. 80, p. 14;
V. 24, p. 40.)
issues

The

1914

Jan.,

March
March

1878
1, 1883
Aug. 15, 1880
June 1, 1889
Oct.-l, 1889
1,

1890
1890
1880 A 1890
1890
1890
1885
1890
1890
1883
1885 A '89
1887 A 1891
1887

do
do
do
do
do
do
do
do
do
•

Various
Various
J.
J.

July 1^-1910
April, 1911

London, Baring Bros,
do
do

O.

J.

1899
1909

1897

Baltimore, State Agency.

do
do
do
do
do
do
do
do
do

1878
1879

July, 1893
1872 to 1906
1886
May 1, 1907
March 1, 1875
1886 A '88
Jan. 1, 1890
March 1, 1909
May, 1910

A Co.

Boston, Suffolk Bank,

1,
1,

1883 to '84
1878 to '99
1884 to '99

N. O., Louisiana Nat. Bank.
N. Y., Winslow, L. A Co.
N. O., Citizens' Bank of La.
N. Y., Winslow, L. A Co.

A J.
A J.
A J.
A N.
AN.
A J.
A 0.
A O.
A O.
A J.
A J.
A J.
A J.
A O.
A J.
A J.

in not less than one year nor more than I en years
after the date of such bonds, and the interest,
annually or semi-annually, as may be therein provided, to provide the means with which to complete
that
such bonds
buildings;
rr >vided
such
shall not be sold at a price less than ninety-

Kansas.

do

do

5

g
i
5 g.

999,944
554,180
966,500
2,952,400
5,598.912

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

the

Louisiana Nat. Bonk.

do

4,000,744

1858
1863
1865
1859

of

)..

do
do
do
do
do
do
do
do
London, Baring Bros,
do
do
do
do

£500

annum."

(

N. Y., Winslow, L.

Boston, Treasury,

1875

rate

N.

T?l
Q.-J.

6
6
6
6
6
6

Louisiana Nat. Bank.

do
do
do
do
N. Y., Winslow, L. A Co.
do
do

J.
J.
J.

1875-'7G

£200

).,

A Co.

do
do

5«- M. AN.

200,000
3,599,024
700,000
1 ,350,000
1,100,000
1,292,280

Salute Marie Canal bonds

will

1003
500 Ac.

* 100 Ac
£200
£200 Ac

A S.
A J
A J.
M. A S.
M. AN
6
730 M. A S.
A. A O
8
Various
6
J. A J.
8
A. A O.
8
8
J. A J.
7
M. A 8.
6
M. A 8.
6
F. A A.
6
J. A D.
6
A. A O.
6
*• J. A J.
f
J. A J.
Q.-J.
A. A O.
5

(

1878
Various

April
April

do

220,000
200,000
888,000
200,000
4,379,500

1,000
1,000
1.000

Michigan—
Renewal Loan Bonds
Two Million Loan
War Bounty Bonds

Illinois.— The debt has been rapidly reduced of
late years, and, without the addition of new loans,

1,000
1,00)

New York,

N.

M.

6

Jan., 1830
Jan., 1880
Jan., 1880

do
do
do
do

do
do

J.
J.

3

Jan.,

do
do
do
do

N. Y., Donnell, L.

A J
A J
A J

when

due..

Am. Exchange Bank

(I.

July.

Louuiaiui-

1853
Iionds for relief of State Treasury
Bonds In aid of various railroads
18G0
Levee bonds— Act .35 of 18(!5
HUT
Act 115of 1867
do
1870
do
special—Act 33 of 1870
1806
Bonds funding coupons
1870
to Boeoi A Crocodile Navigation Co. ..
do
1800
do Issued to State Penitentiary
1870
do to fund floating debt of State
ISO'.!
do to Mississippi & Mexican Gulf Canal.,
Texas
l:
II.
Louisiana
A
Co.
1869
Northern
to
do
1857
do school A seminary, held by 8t. Treos.
1870
do to N. Orleans, Mobile A Chat t. KR
1871
do to N. Orleans, Mobile A Texas KR
bonds,
end.
by
State
1869
Mob.
A
Texas
RR.
N. O.
1874
Consolidated funded bouds
llatnt—
1851
to '61
Civil loan bonds
] g^
1863
War loan bonds
.i,
ik<;:j
> 2v2
Bounty loan bouds
1861
do
do
of
JW*
1868
Municipal wttrdebt assumed

N. Y.,

.1

Principal
Hpal

May

1880
1878
1883
1883
May
1894
May
1894
July
1889
Oct., 1888 to '90
April, 1890 to '94
April, 1882
July
July
July

1,

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

July, 1891

Jan.

1,

1895

Boston, Treasury.

July, 1891 to '94

do
do
do
do
London, Baring Bros.

July 1, 1895
April 1, 1890
July 1, 1900

Boston, Treasury.
Boston, Treasury.

Sept. 1, 1894-96
J'lyl,'94-8ep.l,'96

do
do
London, McCalmonts.

Mayl'95-8ep.l,'96
Jan. 1, 1895

N. Y.,

Am. Exchange Bank.
do
do
do

N.
J.

July, 1878
1878 A '83

do
do
do

May, 1890
July, 1879

New

$150,507,073; personal. $40,349,547; of which
Orleans had *93,4&3,269 of real and $26,118,833 of
personal. The gross revenue in 1875 was $3,286,153
and expenses. $3,185, .07. State tax rate, 14)tf mills.
If, 63, lin, 159. 231, 489, 535, 6M; V. 88, p.
(V. 21,1
61; V. i , p. 525, 595; V. 24, p. 469, 519; V. 85, p.
SO.)

Maine.— The sinking funds ($791,291), January,
reduce the total debt to a net amount of
$5,129,107.
Valuation of total taxables In 1875,
$255,000,000; tax rate in 1876, 3"; mills.
1877,

Maryland.— The assessed valuation of property in
1876 was $429,112,418, on which the rate of taxation
was 173tf cents per $100; income from dividends
on railroad, canal and other stocks owned by the
The State has larercly assisted
State was $72,?.62.
canals and railroads, and holds $4.454,3*70 "of stocks
and bonds of companies paying interest promptly,

Louisiana.— The funding bill passed Ian. 24, 1874,
scaled the debt down to f;0 per cent of the face value.
In Dec, 1S76, there were nearly $3,000,000 old bonds
In New Orleans awaiting funding, but, fnnding was
not resumed ti'l May, 1877. when the Board proceeded to fund, subject to Supreme Court decision
(see V. 24, p. 5.9). It was resolved that nil bonds
not coming within the prohibition of act No. 11 of
1873. be declared fundable. This Included so many
of the fo lowing boud scries as are not questioned
by act No. 11:

leaving only $6,276,154 of debt without any offset;
the State also holds $22,1-57, 935 in unproductive se-

Questioned.
N. 0. A Nashville RR. (fundable $4O,CO0)... $tS,i 03
Mexican Gn'f Railroad
8,000

shares, $*38, 405,162; tax rate. 1675, 106
The loan to 11. II. A E. Railroad was
secured by deposit of $3,60 ',t 00 "Berdell" mortgage)
bonds, afterwards exchanged for new stock, and
had a sinking fund of $963,800 Jsnuary 1, 1877. (V.
20, p. 836, 521; V. 81, p. 877; V. 88, p. «8; V. 83, p.

0. J. &G.N. RK. (fundable $144,000) ... 270,000
A G. W. RR. (fundable $12n.oC0) . 79,000
Vicks. Shrev. & Tex. Rlt. (fundable $52,00 ) 50.0CO
Baton
G. T. A Op. RK. (fundable $39,000) 80,000
Relief of State Treasurer (fundable $105,000) 66,000
Free school fund (not fundable)
52'>,000
In a I. $1,034,500 questioned
The N. O. Stock Exchanjc. July 13. trfves old debt
fundable. $2,147,8)0: old not fundable, $3,901,000.
The total assessed value of ro;il estate in 1875 was

It,

N. O. Op.

R

curities.

Massachusetts.— All Interest on the funded debt or
The credit of
Massachusetts Is piid in coin.
the State stands high In London and at homo.
During 18*. 7 the funded debt has been reduced
$8"0,000.
The slaking fnnds in Jsnuary, 1877.
were '11,070,520. The Hoosac tunnel has cost
the St) te about $17,200,079. Real estate assessed
persinal,
$1,3'12.14J:S26;
including
in
1676,

bank

mills.

854.)

"flcA"7an.—The debt has been largely diminished

Assessed valuation of real
in the last few years.
and personal property, 1876, $630,000,000. and tax
rale 2 i mills. Surplus revenue
chase of bonds. (V. 20, p. 139.)

is

applied to pur-

STATE SECURITIES.

Yl

[August

25, 1ST?.

Subscribers will confer a great favor by glrins Immediate notice of any error discovered in these Tables.
INTEREST.
Principal— When
Amount
Size or
Date of
DESCRIPTION.
Due.
Where Payable and by
When
outstanding.
par
Bonds.
Minnesota—
do
do
»do

do
do
do

1867
1868
1869
1873
1858

Loan

State Building

coupon

Railroad Bonds (not recognized)
Missouri

—

stall

bonds

1

Consolidated bonds
University and Lunatic Asylum bonds
State Bank stock refunding
Bonds to North Missouri Railroad
Bonds to Cairo & Fulton Railroad
Bonds to Platte County Railroad
Bonds to Iron Mountain Railroad
Pacific Railroad of Missouri
Southwestern Branch Pacific Railroad

Funding bonds
Renewal bonds, coup., 5-20s, (actMch.29,
Hannibal & St. Joseph Railroad
renewal.
do
do

Rate.

Value.

For explanations see notes on first pase of tableB

'7t)

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

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

1865 to '66
1868
1872
1874
1854 to '58
1857 to '59
1859 to '60
1854 to '59
1853 to '59
1857 to '66
1874
1875-6
1857 to '75
1874

439,000
2,727,000
401,000
104,000
1,945,000

Bonds

(act Feb. 14, 1877)

1,000

566,369

1877

coupon

State bonds
Territorial bonds

New Hampshire—
War loan, coupon bonds
do

do

Municipal war loan
State bonds

New Jersey—
War loau bonds, tax free
do
do

do

do
do

taxable

New York—
„
debt,
t,anal ,,„,,.
,

Under

I

<

8titlltlon au(1

Al t
.

7>

.

Seo 12
.

I

A.

9>3&10

160,000
800,000

1861
1864
1872
1873

1,000
1,000

100 &c.
100 &c.

110,000
600,000
2,206,100
500.000

6
6
6
6

1861
1863
1864

100 Ac.
100 &c.
100 &c.

800,000
900,900
593,400

6

'/.

—

•-

800,000
473,000
880,000
1,562,900
847,500
4,302,600
2,000,000

_

'5^ = 2
500 &c.
500 &c.

do
old
do
do
RR. and improv't bonds, new (not special tax)

9*8

&
m. &
j. &
j. &
j. &
j. &
j. &
j. &
j. &
j. &
j. &
j. &
j. &
A. &
J. &
A. &
J. &
A. &
J. &
A. &
J. &
A. &
A. &
J. &
J. &
J. &
J. &
J. &
F. &
J. &
J. &.
J. &
F. &
F. &
F. &
F.
F. &
F. &
F. &
F. &
J.

6
6

£«'
g g
g g

-

g
§
6g.
6g.
-

do

do
do
Funding bonds, since war
do
do

do

1866
1868
1867
1868

Registered certificates of literary fund
Penitentiary bonds, act Aug. 24, 1868
Special tax bonds

6
6

1,000

4,738,800
3,639,100
2,383,000
1,695,000
2,417,400
1,711,400
383,045
44,000
11,407,000

100 &c.
100 &c.

4,072,010
2,400,000

6
6

26,500
130,991
160,000

7
7
7

8,000,000
400,000
395,000
87,000
2,804,000
441,500
273,000
7,423,400
369,000
90,400
9,251,850
723,950
500,000

5

1,000
1,000
100 &c.

100 &c.
i.'ooo

6
6
6
6
6

6
6

OhtoRegistercd loan, payable after June, 1881.
June, 1886..

1860
1856

do
do
do
OregonBounty bonds
Modoc war bonds
Willamette Caualand Lock

1870

Pennsylvania—

New

bds, reg., tax f r., (redeemable after 1892)

Inclined plane loan

,

Coupon loan (except $53,000 reg.), April 2. .
do
April 2
do
May 4
Registered loan, May 4
Coupon loan (except $41,000 reg.) «f April 19
Stock loan of Feb. 2 (registered)
do
do
(coupon)

do
do
do

do
do
do

(registered)
(registered)
(registered)
Agricultural College laud scrip

lthode Island-

War bond

1862
1863
1863
1864

do
do
do
Minnesota.— All the State bonds are now held by
the permaneut school fund. Minnesota has refused
to recognize the "State Railroad bonds" of 1858
to the amount of $2,875,000. A proposed constitutional amendment in 1877 provided for a settlement
with the holders, but was defeated by a large
majority. Taxable property, 1875, $218,855,748. of
which $15,162,467 was personal in 1876, $218,850,744,
of which $45,302,485 was personal; State tax,
S mills: tax for all purposes, 16 6-10 mills.
(V. 22,
p. 63, 567; V. 24, p. 40, 170, 227.)
Jfissot/H.— The equalized valuation of all real
•ml personal property in 1376 was $1,001,123,110.
The State had $1,428,000 bonds maturing in 1875,
and $3,907,000 in 1876. To provide for these, a
law of 1875 authorized the sale of new bonds. A
dangerous forgery of bonds to Pacific Railroad,
guaranteed, has been found. The Hannibal & St.
Joseph Railroad provides for its own debt. (V.
;

22.,

p. 83. 591;
542.)

V.

23, p.

13%

397, 493;

V.

p. 171,

21,

48,

Nebratka.—Ot theso the State school fun
.$113,000.

1877
1849
1852
1852
1852
1852
1853
1867
1867
1867
1867
1867
1872

1

holds

(V. 24, p. 204.)

Nevada.— The debt

of

Nevada

Is

hardly

more than

-nominal.

New Ha,npshire.—The debt of New Hampshire
was created for war purposes, and is being gradually
redaced. The Municipal loan of 1872 was issued to
cities and towns, the proceeds to be applied to thoir
war debts. Total valuation in 18.6, $199,080,&53.
rate, $2 per $1,000.

In

New Jersey.—The debt was created for war purposes. Of the first two classes of bonds the principal is payable $100,001 per year. Valuation of real
property in 1876, $145,918,221; personal $160,497,340;
total,
$598,9)4.7W, against $612,731,091 iu 1375.
State tax, 3 mills.
New For*.— There is also $68,000 contingent debt
of Long Island Railroad, aud $7,361 per annum for
Indian annuities.
The last of Bounty debt was
paid off and $2,100,001 of general fund debt, April,
7 7. An abstract of the Comptroller's report was

100 &c
1,000
1,000
1,000
1,000
1,000

50
500
50
50
50

&c.
&o.
&c.
Ac.
&c.

989,000
200.000
631,000
738,000

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

5

& O

g-

4>2g
t g
g
i
6

-

6
5

6

M.

•

A.
J.
F.

1859
1865
1870
1871

1872
1873
1874
1875
1376

Real Estate.
$1,097,564,524
1.158,327,371
1,532,720,907
1,599,930,166
1,644,379,410
1,692,523,071
1.750,698.918
1,969,352,703
2,108,325,679

Personal.
$307,349,155

392,552314
431,281,278
452,637,732
147,248,035
437,102,315
418,608 955
407,427,399
357,911,401

2*
4 53-80
7 41-156

5 79-120
9'i
6 95-100

IV
6
3 11-24

For the fiscal year, 1575-6, the tax rate was reduced
to 3 11-24 mills. This was partly owing to the considerable reduction in the Bounty debt, and the increase of sinking fund resources. For 1876-7 the
Comptroller recommends a tax rate of 3 1-6 mills.
He disapproves of the large increase in the assessed
value, as shown above, and claims that there has
not been a real increase in value to the extent
shown by the figures. Local taxation w.is $10,632,718 on town taxes, and $32,985,475 on county taxes,
making, with the Sta'e levy, a total of $52,148,363
raised by taxation, of winch *30,105,108 was in
New York City. In 1874, the local debts of
cities in New York State were
$137.539,6,9; of
counties, $46,685,264, and towns, $25,140,181.
(V.
It, p.

63,471; V. 24,

p. 17, 49.)

North Carolina,—North Carolina Is heavily burdened with debt, in proportion to her taxable property.
Total property was assessed in 1872 at $123,507,628. a
low valuation. Interest is paid on bonds issued
to North Carolina Railroad ($2,800,000), as the
State holds $3,000,200 stock and receives dividends thereon. Other interest in default. A funding bill passed the Legislature March. 1875. (See
Chrosici.e, V. 20, p. 336.)
In New York, bonds
are classified thus: ''Old," being those Issued prior
to May 1, 1361, coupons on from Jan. '69; "N. C. R.
R." issue of *2,SOO,000 to that road, coups, on since
Jan. & April, '69; same "coup, off" have had 7

1895>-6

1887 to '95

do
1897

April

Stato Treasury,

1881 and '82
March, 1887

do

1,

j.
j.
j.

Trenton and Jersey City,
do
do
do
do

Jan., 1878 to '84
Jan., 1886 to '96
Jan., '97 to 1902

j.
j.
j.

N. Y., Manhattan Bank,
do
do

July, 1878

do
do
do
do
do

j
j.
j.

O

do
do
do
do
do

New

J.

O

York.

J,

Raleigh, Treasury.

New

O.
O.

American Exch.
do
do

J

State Treasury,

J

do
do

J,

A

Indefinite.
Oct., 1898
1998 to '99

York.

do

J. N. Y.,
J.

B'k.

1884
1880
1880

Farm. & Meeh. B'k.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
Harrisburg Treasury.

A

July, 188*
Jan., 1887

do
do

Phila.,

J.

1893
1877
1887
Jan. 1,1888
July 1, 1891
Oct. 1,1892
Oct.,

1868 to '98
1868 to '9R
1868 to '98
1868 to '98
Jan., 1900
Oct., 1898

O.

J.

July, 1878
1884 to '89
Jan., '92 to 1905
1879 to '80

Sept.,

Dec.,
July,

do
do
do
do
do

J.
O.

& 8
& O
& J,
& A,

State tax.

1877 to '88
1877 to '89
1889 to '90
1877 to '89
1876 to '87
1876
July, 1894

Concord or Boston,
do
do
do
do
do
do

6
6
6
6

1883
1888
July, 1892

J.
a.
j.
j.

<fe

5

given in V. 21, p. 17. The following were valuations and tax rate for State purposes in the years
1859 and 1865, and from 1870 to 1876 :
Year.

Commerce.
do
do
do
do
do
do
do
do
do
do
do

of

State Treasury.

Various
M. & S.

North Carolina—
Railroad and improvement bonds, old

Bank
do
do
do
do
do
do
do
do
do
do
do
do

1,000
1,000

1873
1873
1874

.

do

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

1871
1872

"1872

Art. 7, Sec. 3, of Con-

do
do

do
do
do
N. Y.,

1877
1878
1879
1883 to 1903
Dec., 1887

Paul, Treasury,

St.

1,528,000
2,971,000
784,000
1,000,000
3,805,000
1,518,000
1,482,000

1848
1875

General fund debt -deficiency loan

J.
J.

& J,
& J
& J
& J.
& D
&

392,000
504,000

Nebraska--

Nevada-

J.
J.
J.
J.
J.

2,275,000

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

Whom.

Payable

Providence, R.

I. II.

& T. Co.

do
do
do

do
do

do

1902
1879
1882
1882
1877
1877
1878
1877 to '82
1877 to '82
1877-1882
1882-1892
1882-1892

Feb.

1,

April,

July,
July,
Aug.,
Aug.,
Aug.,
Feb.,
Feb.,
Feb.,
Feb.,
Feb.,

Sept. 1,
April 1,

July
Aug.

1,
1,

1882
1883
1893)
1894J

coups, paid; "funding act '66" cirry coups. Jan.,
u funding act
68" carry coupons April,
'69;
'69. " New "
authorized before war, except $1,500,000 in 1868; "Special tax, 1st," carry coup. April,
'69; "2d"coup.of Oct. '69; " 3d " coup. April, 1870.
(V. 21, p. 570; V. 23, p. 599, 615, 647; V. 24, p. 17, 226.)

—

Ohio.— Ohio has a very small State debt, but
large local debts, amounting in 1376 to $36,059,978.
Valuations in 1876 were : Iteal estate in cities, &c,
$371,848,028; other, $704,940,269; personalty, $520,631,59.4.
Tax rate in 1875, 3 2-10 mills for State, and
an average of 25 9-10 mills for lucal purposes.
Report on State and local debts, V. 22, p. 64; V.
21, p. 17.)

—

Oregon. The debt is provided for by sinking
funds, payable from land sales.
Taxable property
in 1875 was assessed at $41,197,149; V mill tax
was laid for Relief bonds and 1 mill for Bounty

bonds.
Pennsylvania.—The new 5 per cent loan of $8,000,000 was sold to take up maturing bonas. Total debt

Nov.

30, '76, $22,978,950; available assets. $9,054,910;

net debt, $13,924,039.
No tax is laid for State
purposes on real estate, and revenue is raised
principally from corporations.
Taxes are levied
on personal property, which was assessed at
$159,318,817, and the tax was $574,817 in 1876. State

expenses have lately exceeded revenue, and sinking
funds have been diverted to meet the deficiency.The State holds $1,751,321 in stocks and $8,300,008
of railroad bonds. Interest has been paid in gold on
the State debt issued prior to 1867, but the bonds
paid off iu 1877 are paid in currency. Any coupon

bonds may be changed to registered. The bonds
duo in 1877 are payable at anv time till 1882; those
of 1882 till 1892.
p. 414, 421, 469.)

(.V. 21,

p. 137; V. 22, p. 61; V. 24,

Rhode Island.—The debt was all created for war
purposes and is being steadily diminished.
The
valuation of real property in 1870 was $135,159,848,
and personal, $86,89 :,928, and tax rate 15 ccuta on
$100.

Acocbt

STATE SECURITIES.

25, 1877.]

will

siii... riii. r«

<

..iu,r

a great favor by ulvlns Immediate notice

nix uirrioN.
rnlanatlons sec notes on

first

Date of

Site or

bouds.

par

any error discovered In these Table«.
INTKRE8T.
Where payable and by
Payable
whom.

Amount
outstanding

When

Bate.

value.

page of tables.

ol

Tfl

Principal—
ilpal- when
ilue.

South Carolina—

Various
1701
1830 to '61 Various
$1,000
50.4c
1854
l.ooo
1K6S
1,000
1868
1,000
IStW
500,4c.
ls,;;i
500,4e.
I309to'70 500,4c.

stoek
Statu House srock
•

$17,411
289,172
102,000
238,933

is;»:i to \,i
is,;,;

do

bonds
Fu inline bonds and stock
Bine Ki.it.-r Railroad IhuhU
Funding bills receivable
men! of Interest.
Pundliu bank bills
Conversion bonds and stock
Land commission bonds

-•

I

I.-,

Railroad endorsements
Tennessee—
New funding bonds, aet of 1873

1874

Bonds registered, act of 1873
Fundable bonds and eoup. not yet presented
Bonds. ragiHterable, not presented
to be funded)...

Held by E.T. University (not
Texas—
Funding State debt (aet May

2,

1871)

Frontier drf 'so, gold, aet Aug.5,'70(red' bio '91)
2, 1871..
Bonds, aet Mar., 1S71 (for paying tloat'gdebt)
Vet'n Pension bunds, aet Apl.,'74, (rcd'ble'79)
Redemption of debt, act Aug. 6, *76

Revenue deficiency bonds, act Dee.

1,000
1,000
Various

Vaiious.
Various.
Various.

1,000

....

1872
1871
1872
1874
1874
1876

l.ooo

1,000
500,4c.
500,4c.

34,000
137,000

1,000
1,000
1,000

100

A.

S K

J.
J.
J.

'

6

J.
J.
J.

6
6

1862
1862

War loan bonds, coupon
do

registered

—

% fundable,

coupon

5004c

J

registered

Vari's

J

1851 to '60
1851 to '66
1851
1871
1871
1872
receivable
coup.
not
(Act 1 872)
do
1872
do
do
do
reg.,
1871
Deferred eertllleatcs (W. Va.)
1871
Interest on sterling debt, fuuded (Act 1871).
proper
'76,
debt
on
Interest unpaid Sept. 30,

do
do

>s

do

sterling, not. required to be funded
Consol. (Act Mar. '71) eoup. tax receivable
reg., oonv. into coup. .
do
do
,

So. Carolina.—The Governor's message

on finances

The funding law approved Dec.
provided for scaling down the old debt by
giving new bonds to the extent of 50 per cent, and
declared void the conversion bonds to the amount
in V. 54, p. S97.
22, 1873,

of $5,965,000. The interest due in July, 18T6, was
only paid in part. Law for payment of interest of
January and July, 1877, passed in May, but acornmlttee to investigate bonds and ascertain whit consols were properly issued was appointed, and sat at
Only abont $250,030 are
Columbia in Angust.
understood to be taintjd with any suso'cion. Total
valuation of all property— in 1876, real estate. $86,187,130; personal. $40,598,376; railroad property,
Rate
$8,347,143, maklnj a total of $133,132,138.
of taxation in 1876, 11 mills. (V. 21, p. 489, till;

V.

23, p. 40;
79.)

V.

24, p. 199, 445, 4<«, 613, 557;

V.

25, p.

Tennessee.— The coupons of Jnly, 1875, together
with those of Jnly, 1874, and Jan., 1875, remaining
The law
due, were paid in September, 1876.
passed ki March, 1573, provided for funding
legally
issued
bonds,
due
outstanding,
all
between July 1, 1871, and July 1, J884, as well as
coupons,
and
coupons
maturing
on
all past-due
or before January 1, 1871, in a 10-40 year tt per
committee
bond.
The
general
for
Southcent
ern State debts (Qco. S. Coe, Esq.. chairman),
reported a plan for adjustment by "scaling" 40 per
cent and issuing new bonds. The debt of solvent
railroads is $3,458,145, and total debt, less that
amount, $22,852,011, Including $129,020 outstanding
warrants and $2,088,746 past-due interest, against
which $95,H3'i is owed by Bolvent railroads. The
State's endorsements for railroads are $1,802,000. of
which $1,560,000 is taken care of by the roads.
Bonus to amount of $75,000 arc now over-due, and

£100 4c
100,4c.
100,4c.
100,4c.
100,4c.
Various
Various

0,401,285

Now York

or Columbia,

do

do

Bank

do

5
6

J.

6

Various N. Y., Donnell.La wson4 Co.
-

Ma

6g.

J.
J.
J.
J.

6
6

J.
J.

6

J.
J.
J.

7
10

-

g-

6

N. Y., Fourth Nat. Bank

J.

do

S.

A

6
6
6
6

do

4 J.
do
do
4 J.
do
do
State Treasury4 J.
4 J. New York 4 State Treasury
4 D. Boston, N. B. Mut. Red'n.
4 D. Montpelier, Treasury.
New York.
4 J.
Richmond, Treasury.
4 J.
4 J. London, Baring B. 4 Co.
Richmond, Treasury.
4
do
do
do

,v

St

A

212388

J.

4

July
July

London, Baring B.

4 09.

1,
1,

1889
1882

1, 18rW
1, 1868
1888

July
July

1,
1,

1893
1893

1, 1914
1875 to 1900
1900
1875 to 1900

July

Varioue.

1891
1911
1892
March 1, 1904
1894
July, 1906
Dec.
Dec.

1,
1,

1878
1890

1886 to '95
At pleasure
1886
1905
1905
Contingent

1905

1,676,827

Texas.— The s'tate Comptroller, in 1876, reported
total funded debt $1,219,757; floating debt, $5 43, '.37.
and bonds of doubtful validity remaining In hands

The valuation of tax$250,853,759, against
$2|:,841 S60 in 1874. Tax rale, 50. From the Comptroller s report wc have the following statistics for
of State Treasurer, $812,210.
able property in 1875 was

1876:

Total value of taxable property assessed. $210,853,7:18

Statetax
Polltax
County taxes
Miles of RR. in the State ass'd for taxes.

1,254.351
198.322
1,959,1 J 4
1,497

.

Value of railroads

$16,605,122

of acres of land assessed in the
..

lots assessed in the State

(V. 20. p. 84; V. 22, p.
535; V. 23, p. 115.)

July
July

London.
Columbia.
4 Fls. Agen. N.Y.

do

24, p. 40, 112, S89. 519.)

State

do
do
do

N. Y., Fourth Nat.

g
l e
l

f

1 877 to '86
1871 to '80

New

6

4

At nlcnanre.

Columbia

4
4
4 J

-

Value of

do
do
do

6

5, 5>4,

2,331,250
18,239,000
1,997,415
2,021,000
1,190,780
15,239,370

do
do

York. July 1, 1887 to '97
Columbia, Treasury.
July 1,1875 to *79
Columbia and New York.
July 1, 1888
do
do
July 1,1888

J,
J.
J,

$80,000 more fall due in 1877; these are fundible at
the option of the Legislature. Total valuations in
1876 were as follows: Land, $183 .228,365; town lots,
$57,578.2-11: other taxable* $17,211,908; total in 1876,
$278,020,531. against $29-V 33,583 in 1875. The Comptroller estimated resources for 1877 at $1,376,490;
ordinary expenses, $707,200; leaving $6!iJ.2M) applicable to interest on the bonds, for the full payment of which about $1, 203,030 would bo required,
but the rate of taxation was reduced from 40 cents
05 the $100 to 10 cents by the Legislature, in
March, 1817, which rendered all estimates nugatory.
Tennessee bonds, sold in New York as "old, '
are those issued before 1362; "New," issued since
1862; "New Series," the new funding bonds. (V.
21, p. 87, 313,614; V.22, p. 472; V. 23, p. 16, 397; V.

Number

do
do
Columbia and

8

54

Ycrmant—
Virginia
Old bonds,

Columbia, State Treasury.

4 J
4 J.
4 J.
4 J.
4 O.
4 O.
4 J.
4 J.
4 J.

•« £3:
J. 4

I

75,000
097,000
500,000
1,000,000
1,153,974
1,564,000

Og.
6g.

13,000
481,944
151,780
7,000
241,257
4,028,000
149,25
4,797,608
6,617,000
10,194,000
001,000
400,000
390,000

Q.-J.
J.

U

72,000
119,000
242,350

1809
Dec., 1873
1873
Various
1873
Various

State Treasury
Redaction of Public Debt stock
Consolidated bonds, coup. (Funding act)
do
stock (Funding act)

8*

•109,000

is:is
ik:!h

rire loan bonds, sterling
do
stock, domestic

Bonds— Relief

2«-

28 1

;

V.

28, p. 452;

66.637.920
41,666,937

V.

24, p.

Vermont.— This State has a very small debt— all

created for war purposes. Of the registered bonds
$135,500 are held for Agricultural College.
The
sinking fund, Aug. 1., 1876, was $135,932.

Virginia.—These amounts are exclusive of
bonds held by Literary fund and Sinking fund.
The Funding act of 1871 provided tha' coupons
of the funded bonds should be receivable for
State taxes. For 2-3 of the old bonds a new bond
was issued, and for the other % a deferred
certificate given (as the proportion due by West

The act of 1872 amended that of 1871
by not allowing coupons to be received for taxes.
The sinking fund holds $2,446,98i of State bonds
and certificates. All interest overdue and unpaid
Virginia).

to September. 30, 1876, (on the basis of 4 per
cent) was $1,676,827, which included coupons from
Assessed value of real estate In 1b76
Jan. 1, 1875.
was $242,756,548, against $251,573,611 in 1-73. Personalty in 1873, $73,560,940. Tax rate, 5 mills. The
receipts and expenditures for fiscal year 1875-6, were
as follow «: The revenues amounted to $2,679,339.
They exceeded the average aunual' receipts of the
previous six years by $201,276, and they exceeded the receipts of the fiscal year 1874-5 by $161,549.
The disbursements were as follows:

For ordinary expenses of government.
For extraordinary expenses
For public free schools
For interest on debt
Balance not expended
Total

.

.

$975,232
139,4 13
443,000
1,105,305
17,318

$2,679,339

revenue for 1876-77 should be the same, the
on full interest account for the year would be
about $609,000. (V. 21, p. 527, 604; V. 23, p. 599; V.

If the
deficit

25, p. 138.)

CITY SECURITIES.

Tin
Subscriber.

wUI confer a

DESCRIPTION.

Atomy,

& Northern Railroad

Belief of drafted

1854
1864
1866

loan

men

- •

•

•

Rate.

Value.

tables

$1,000
1,000
1,000
Purchase Congress Hall Block
1870-'71
1,000
City improvement
1870-'76
1,000
Washington Park
1,000
1874
New Post Office site
1,000
1875
High School
&'52
1,000
1851
Water stock
1874-'76
1,000
-Additional supply
1,000
1865
KK-.
Susquehanna
Bonds loaned to Albany &
1841
Albany & W. Stockbridge KR.
do
Augusta, Oa.—
Various. 250 &c.
Bonds for various purposes
500 &c
1876
City bonds, tax free
Baltimore
100 &c.
Various.
Consolidated loan of 1890
100 &c.
1877
Loan of 1 877 to take up water loan
100 Ac.
1863
Consolidated bounty loan
100 &c.
1805
Exempt bounty loan
100 &c.
1860
Public parks (Druid Hill)
100 &c.
1863
Park improvement loan
100 &c.
1853
Ohio
KK
rive million loan to Baltimore &
100 &c.
1853
One million loan to Pittsb. & Conuellsville RR

Albany

New City HaU
do
do

Censolidatcd loaH
Court house loan
Funding loan

1870
1874
1872
1872
1873
1872

do
Western Maryland Railroad
.

100
100
100
100
100
100
100
100
100

1868
1870
1874
1864

Jones' Falls
Valley Railroad
Patterson Park extension
Water loan

Endorsements for Western Maryland
do
do Union Railroad

Whom.

Now Y'oik.

$244,000
46,000
151,000
549,000
604,000
118,000
80,000
250,000
700,000

do
do
do
do
do

May l,1878t»'85
Feb., 1881

1893-1906
1895-'97
July 1, 1876

Boston.

1877 to '89
1900

Augusta.
do

Q.-J. Balto., Farm.

& Plan. Bank

Balto., N. Mechanics'

do
do
do
do
Balto., Farm.

Bank.
Bank,

do
do
do

Balto., N. Mechanics' Bank.
Balto., Farm. <& Plan. Bank

lob'&c

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

1853
1852 te '64
1864 to '76
1873
1869
Consolidated street improvem't, sterling loan.
1860
to '64
Roxbury debt, assumed
1861 to '69
Dorchester debt, assumed
1857 to '73
•Charlestown debt, assumed
1862 to '76
Mystic water debt, assumed
1866 to '73
Brighton debt, assumed
West Roxbury debt, assumed
1858
Water loau, new main. Brookline Reservoir.
1865 to'
Chestnut Hill reservoir
do
1871
do
renewal of loan duo '70-71, all reg.
'72-73
£100 &e
1872
do
do
Water works, Roxbury, coupon and registered 1868 to '70 1,000
Roxbury & Dorchester
1871 to '74 1,000
do
Dorchester, all registered.
1871
do
do
W. Koxbury & Brighton, all reg 1875 to '77
reg
1,000
do
do
1876
Additional supply water
1872 to '75 1,000
Various purposes, for water works
1871 to '74 1,000
Water loan bonds, gold, coupon or reg
1875-'7C
1,000
Brooklyn
Debt of Williarasburgh, local improvement 1859 to '61 1,000
Brooklyn local improvement loan
1861
1,000
Mount Prospect Square loau.
1857
1,000
Soldiers' aid fund loan
1865
1,000
Third street improvement loan, local
1867
1,000
Gowanus canal improvement loan, local
1866
1,000
Bushwick avenue
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
Kent avenue basin do
do
1869
1,000
New York Bridge loan, registered and coupon
1870
1,000
Bonds for N. Y. & Brooklyn Bridge, cp. or re;
1876
1.000
Prospect Park loan, registered and coupon
18GOto*73 1,000

London, Baring Brothers.
Boston, Treasurer's OIHee.

Boston—

Renewal city debt, sterling
For city purposes, war debt,
do
do
do
Burnt district, sterling loan

do
do

<Sc

do
do

do
do
London, Baring Brothers.
do
Boston, Treasurer's Office.

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

.

.

J.

M.

do
do
do
do

& J
& N

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

.

Augusta.— Of this debt, $600,000 was issued for
aud balance for canal enlargement,
water works, &c.
Baltimore.— The fiscal year of Baltimore ends
with Oct. 31. The city credit has been loaned extensively to railroads, in exchange for their securities, which it holds to a large nominal amount. The
sinking fund for Baltimore & Ohio RR. $5,000,000
loan is $1,848,878; West Maryland Riilioad sinking
fund, $157,1)01; and the total of the several other
sinking funds, $6,0:2,368. The Bait. & Ohio RR.
pays interest on $5,000,000 loan Water loan is paid
by income of water works, and Public Park by City
Passcnzer Railway, and out of a total debt of
~,S3,843:85I, only $10,554,018 Is dependent on the tax
I2vy. The net debt over productive assets is given
at (6,690,44), against which are held $4,770,907 of
unproductive assets, The assessed value of property in 1877 is $855,560,997; tax rate, $1 75 on
.the $109forcity purposes, and .173^ for State. Population In 1870 was 867,354, against 218,418 in 1860.
(V. Si, p. 539; V. 23, p. 514; V. 21, p. 18; V. 25, p.
;

Boston.— The population of Boston in 1870 was
892,497, against 177,810 in 1860; in 1875 it was, 341,919.
Valuation of real property in 1876, including the re-

cent annexations, was $526,145,700. against $553,769,and personal, $282,732,400, against $334,upon which the rate of taxation is *1270
per$l,000— $11 68 of this for city aud $1 02 forState
purposes, against a total of $13 70 per $1,000 in 1875.
The total debt, both funded and unfunded, at the
close of the last fiscal year, April 30, 1877, was
$43,590,497, and the sinking funds, bonds, mortzages,
<Ssc, $16,103,974.
In March, 1877, the city auditor
gave his estimates for the revenue lequired for the
998,400;

coming

financial year, 1877-78,

commencing May

1,

1877.
This estimate was based on an assumption of
meeting the actual wants of the municipality, excluding the Cochituate Water Works, and without
regard to the ordinance pending as to paying
balances of appropriations to the sinking funds.
The tax per each $1,000 will be $13 07, to $12 70
per $1,0C0 last year, supposing that the valuation of
property is reduced to $700.000jOJO, as suggested by
the Mayor.
The following is a comparison of
the appropriations granted by the City Council, and
income to be received, compared with 1876-7:

Appropriations

Income

Per centage.
cent. The loons to European & North American
Railroad and to Banpor & Piscataquis Railroad
are
secured by first mortgages on those roads.

State, 1877

500 iu 1875;

137.)

Bangor, Me.— The valuation of real and personal
property is $11,058,811; rate of taxation, 250 per

City and County

1877-8.

1876-7.

T
,$10,26',258
$10,26 ,258
2,369,100
.

$11,219,387
2,939,900

$7,893,158
236,946

$8,279,487
248,385

$9,135,104

$8,527,872

Placing the tax to be paid to the State at $619,110,
the Ux warrants eahibit the following result:

1,
1,
1,
9,

1877 to '92
Jan. 1,1894
July 1, 1905
Jan. 1, 1894
April 1, 1899
July, 1878
1877 to '87
1877 to '95
April, 1893
July, 1899
1877 to '84
1877 to '81
1877 to '93
1877 to '94
1878 to '81
1877 to '91

1878
1877 to '99
1901
1902
1880 to '99
1901 to 1903
Jan., 1901
1905 to 1907
April, 1906
1902 to 1905
1901 to 1904
1905 & 1906
1879 to '81
1891
1887
1885 to '94
1881
1877 to '90
1877 to '90
1877 to '90
1877 to '86
1877 to '95
1877 to '95
1877 to '90
1879
1901 to '24
1907 to 1908

Brooklyn,
do

. . .'.

railroads,

At will.
July
Feb.

Oct.,

do
do
do
do
do
do
do

do
do
do

.

&

1893
1893
1890
Jan. 1,1895
Jan. 1, 1890
Jan. 1, 1886
July 1, 1884
April 15, 1900
March 7, 1902
1885

April,
Oct.,

Boston, Treasurer's Office,

—

Albany.— The loan to Albany
Susquehanna
The valuation of
is secured by 1st mortgage.
property in Albany County in 13;6, by local assessment, was: Real estate, $17,039,838 ; personal,
Iu 1816, total equal$5,30.1,151; total, $58,310,049.
ized valuation by State Board, $58,460,770.
Tax
rate, 349.

1890

1900
1894
1902
Jan.
April
1900
do
do
Baltimore,Rcgister's Office
Oct. 31, 1886
March 8, 1892
do
do
July 1, 1894
Balto., N. Mechanics' Bank. Jan. 1 '90 & 1900
Baltimore, Franklin Bank.
Jan 1,1895
Baltimore, Register's Office,
Balto., N. Mechanics' Bank

1858 to '72 100 &c.
1,000
1874
500 &c
1875
1,000
1869
1,000
1869

Water loan bonds, coup. (Act Feb. 22, 1875)
European & North American Railroad
Bangor & Piscataquis Railroad

1,

Sept. 1,
Sept. 1,
Sept. 1,

& Plan. Bank.

do
do
do

July

Bank,

do
do
do
do

Balto., N. Mechanics'
Balto., Farm. & Plan.

&c.
&c.
&c.
&c.
&c.
&c.
&c,
&c,
&c,

RR

Bangor, Me.—
City debt proper
Municipal loan

May, 1879

June, 1880 to '84
do
Boston, Merchants' Bank. Feb., 1885 to '94
March, '78 to 1900
New York.
Nov., 1910, 11,'12
do

1,000,000
103,000

—

do
do

25, 1877.

the.e Tablea.
great favor by giving Immediate notice of any error discovered In
INTEREST.
Principal—When
Size or
Date of
Due.
Where Payable and by
par
Bonds.

For explanations see notes on first page of
V. *"•—

[August

a«
ft-

191 5 to "24
1877-8.
$8,133,104
619,110

1876-7
$8,587,872
742,931

$8,754,214

$9,270,804

During the last forty years, with two exceptions, the taxable valuation has shown an annual
increase.

Brooklyn.— The above bonds were outstanding
March 31, 1817. There are also $27,000 7 per cent.
The Mayor's
Nat. Guard bonds due 1880-81.
message, January 1, 1817, made the whole city debt
as follows:

Permanent loans

$27,143,000
4,530,129

.

Sinking funds

Balance
King's Co. debt (City's share)
Loans chargeable on specified property

Tax

certificates

Total net debt

$22,617,870
3,991,729
.

11,069.500
1,900,000

$39,573,100

—The Mayor

stated that. the debt increased in 1876
$781,683, chiefly owing to the law charging only 7
Population in
per cent interest on unpaid taxe?.
Valuation of
1870, 396,800, against 266,661 in 1860.
property in King's Co. in 1876, by the local «J B UM
ment, was $283,389,631 for real estate, and $14,888,265 for personal ; total real and personal, $238,871,886.
In 1874 the State Board of Equalization
estimated that the true value of real estate was
$426,393,740. The debt of Kings County, separate
from the debt of Brooklyn, is $4,181,821, of whieh
the city is responsible for nineteen-twentieths.
Average tax rate in 1R76. $3 24 per *100. azainst $3 44
in 1875. (V. 20, p. 580; Y. 32, p. 5SS; V. 24, p. 63.)

,

Auoobt

CITY SECURITIES.

2.V

hror by giving Immediate

Subscribers will ronfrr a great

Date "f

M'-n'RIPTION.
v

r^aantlons see notes on

first

pur

page of tables

Kntoklifn—( Continued )—
Prospect Park loan

maneut water loan
<!>
do

ruluc.

1872

race fund bonds, continuous, local

—

.1"
s'lli li'klyn
do
Assessment fund bonds, continuous, local
Central and Knickerbocker av. sewer bonds
Boulevard bonds

t..

"7.".

1870
1873

6
7

$1,217,000
319.000
9,706,

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

1863 to"7."
1873 to "78
Buffalo 4 Jamestown Railroad
« York A Philadelphia Bailroad... 1871 to "73
w.ir, r works bonds
1868 to "7(1
1876
ids. coupon
1876
tut May 17. 1873)
1876
oan bonds

J.

M.
J.

i

1.9S

7

1,368,000

7

200.000

7

'•,000

7
7
7
7

618.000
842,000
1,190.000

do
do

Water loan
do

is.;;,

1867 to '75
1869-71

c-

Charleston &
City stock
City bolide. OOUpon
Kite loan bonds, coupon
• '•inversion bonds, to redeem past due debt
,

2,209,330
1,000.000

7

7.10.OO0

7
7
6
6

A

.-.
."">

6
6

689,000
194,090
20,000
100,000
698,000
55,000

6
i;

6

6

.

149,000
178,000
100,000

due.

to '21

1881 to 1908
3 yenrs front date.
3 years (ran
3 yenrs from date.
i

1880
1S77

7
8
6
6
6

917. 000
3,660, 000

500.4c.

1,000
1.000

500 4c

2,621, 000
178, 000

1.000
Municipal bonds
1 ,000
500 4c
Municipal and School bonds
Temporary loan for one year, April. 1877...
South Park loan (secured on South. Div.)
West Chicago Park (seoured'on West. Div.)... 1870 to '72 1,000
1363 to '72 500 4c.
Cook County debt
Cincinnati—
B2
1868
To build Eggieston avenue sewer
1,000
F, A, 0, 11, 14 M 1842 to '54
1,000
Loans to Railroads
1855
Bonds to 0.4 M. RR. Jo purchase whf. prop.N
1,000
1868
Ronds for erection of a Workhouse
1,000
C24< ':;
1868
Bonds for Water Works
1,000
P 1860 to '61 1,000
Bonds (or Common School purposes
Bonds to O. .V. M. RR. to purchase wht prop N
1855
1,000
Bonds for ext. and impr. Water
.C, D. .v. E Is 17 to 'BO 500 4c
L2 1347 to '48 500 4c.
Bonds (or funding floating debt
Bouds for new Hospital
B&83 1307-'«3
1,000
I.
Bonds (or funding Boating debt
1853
1,000
I"
Extension and improve. Water Work*. ..Ki
1853
1,000
1 srw
Bonds to purchase Orp'u Asy 1. grds. (or park.O
1,000
Bonds for sewerage
R
1869
1,000
Bonds (or improving Gilbert avenue
U
1869
1,000
B3
Bonds to build Eggieston avenue sewer
1869
1,000
Bonds for improvement
1871
1,000
Bonds for Water Work purposes
C44C5 1871-'72
1,000
General improvement
1871
W2
1.000
Cincinnati Southern RR
1873 "7
500 4c
do
do
1874
1.000
do
do
sold aud currency..
1876
500 4c,
Floating debt bonds, coupon
1874
1,000
Park improvement
875
1,000
Water-works bonds
Dl
1875
1,000
Olecelana—
Water works ($'250,000 are 6 p. et.)
1854 to '75
Funded debt ($100.000 are 6 p. ct.)
1854 to "7 1

W

.

was

p.233, 5>1; V. 23, p. 135.)

Cambridg'. ifa**.—The sinking funds amounted
December 1, lb76. The investments arc
nearly all in city bonds at par and stamped " not
negotiable."
Only (52,000 debt matures before

»o (711,88:,

Tax valuation. 1875. (66,623,014; 1S77, $55,.
1881.
000.000. Total debt. (1,80 >. 173.
Population, 1875.
47.8-jS.

C—

Charleeton, S.
The bonds of Charleston are
mostly held within the State of South Carolina.
The total assessed value of property in 187 1 was
(37,078,991; rate of tax. 2 per cent. Sinking funds
reduce the total debt to (4,673,663.

1,725,000
1.597.000

94,487
962.221
2,273.171
3.667.4J5
4,995.446
4,998,284
5,161.687
5 635.965
13.130.677

18-17

134S
1849
1850
1853
1855
l

21,637,5(10

c 5<i

25.892,804
31,198.185
31,587,515
66,495,116
140,857.040
174,505,410

18i0.
1-862

211,8,-1,240

to bt added annually. Tax valuation. 1876. $17 759 530; rate. (1 70.
Total debt. (1.729,400. Population, 1875, 20,737.

((,843,600

1872.

Assessed value of

real propertv, 1876, (131,222,460; personal, (tt.8i5.7is-total, (168,038,1:8.
Tax
rate, 18 mills.
This is the Illinois State valuation,

y debt is limitcdtoSpercent of that. Of
the funded debt, (4,577,000 is on account of the

1871...

I87S
1814

.

..

7

7

$

J.
J.

A.
O.

N.

do
do
do
do
do
do
do

Charleston.

do

*

New York City.

Various

M.

Varlons N. Y., Am. Exch. Nat. B'k.
Various'
do
do

$....
479.093

?.H.SU
857.131

853

7M

1,302,171
1,485,047
1.5*4,284
3.711.151
,\355.S93
5,843.776
5.855,377
5,552.300
19,447.911
51,392.601
51,939.469
51,658,1*0
52,842,950

136,898,650

BsJM7,8M

239. 151.890

45.042. 541
49,103.175
4.',. 155.830
18.295.641

M,MB£N

do
do
do
do
do
do
do

O.
O.

J.

,

t«70.

Chicago.—The total funded debt at the close of the
1?7« was (13,436,000.
Old time warrants,
It",
(1,261,890.
Revenue time warrants, (2,274,393.

4

4

l

July 1,1896
Prior to 1936

July 1,1378-'81

April 4 Oct. 1. '84
Oct. 1. 1395

July 2. 1S86
July 1,1331 to '96
Auk. 1.18
i, 1887-1995
May, 1889-1891

Apl.

1875 to '98
1383 to •84
1890

1879 to 1583
4 O.
1879-1380
Feb. 17, 1883
4 A.
Aug. 1,1891
4 A.
Jnlvl, 1892
J. 4 J.
March" 1. 1394-"95
M. 4 S.
Aug.
F. 4 A.
1, 1891-"97
1877 to '82
4 J. New York and Boston,
4 J.
do
do
July 1, '82 to '95
July 1, 1880
do
do
4 J.
1880 to '95
do
do
4 J.
1890 to '95
do
do
4 J.
July. 1895
do
do
4 J.
1881 to '99
do
do
4 J.
1874 to '79
New York and Boston.
J. 4 J.
1890
M.4N. N. Y., Metropolitan Bank. May l,1880-'92

last year yielded an income
Condition of finances April I. 1877.
and total floating debt outstanding, given in Mayor's
Message, V. 24, p. 413.
Assessed Value.
,
Tax
Year.
Real Estate. Per. Estate. Rate.

and (41.000

(45.S00,

6

l

A.

Water Works, which

IS85
1867
1868
1869

Jfow.— Sinking fund,

fi

a

s to 1882
Various Boston, Bank Redemption
April I, 1889
A. 4 O.
do
do
Jan. 1,1893
4 J. Boston, Trcmont Bank.
4 J. Boston, Bank Redemption Jan. 1,1831 to '96
do
Jan. 1, 1903-4-5
4 J.
do

.

9,300,000
6,000.000
1,000.000
50,000
300,000

$216,842

do

do

J.
J.
J.

of 4817,106.

1837
1840
1848
1845
184*

do

N. Y., Gallatin N. Bk.
Buffalo .v. New York.

4D. N. Y., Am. Exchange Bank.
do
do
do
4N.
do
do
do
J. 4 D.
do
do
7 3-10 Various
J.
do
J.
4
So
6
do
M. 4N.
do
6
A. 4 O.
do
SO
6
do
M. 4 N.
do
6
3-10
Various
do
do
7
do
J. 4 J.
do
6
Various
do
do
6
M 4 S.
Cincinnati.
6
7 3-10 M. 4 S. N. Y., Am. Exch. Nat. Bk.
do
do
7 3-10 M. 4 S.
do
do
7 3-10 A. 4 O.
do
do
7 3-10 M. 4 S.
do
do
P. 4 A.
7
do
do
J. 4 D.
7
do
do
J. 4 J.
7
do
do
7 3-10 J. 4 J.
New York or London.
fig. or 7'3 If. 4 N
M. 4 N. N. Y., Am. Exch. Nat. Bk,
7
do
do
J. 4 J.
7
F. 4 A.
do
do
7
7 3-10
6
6
3-10
7

150,000

1

1876,

7
7
7

210,000
250,000
300,000
99,000
195,000
397,500
146,500
750,000
60,000
175,000
100,000
150,000
150,000
100,000
136.000
450,000
600,000
700,000

1

1,

7

2,000 000

1,075,000

.

and floating debt, $396,092. In 1875 real
sad personal property were assessed at 831,96.3, 105:
in 1876 rule of valuation changed and assessment
was $111,995,905. Buffalo also pays 7-10 (being
1711,390) of Erie connty debt. Citv tax-rate, 1375,
135 55 on the (1,010. Since June 1, 18;7. coupon
bond* have been exchangeable for registered. (V.

7

600, 000

640, 600
4,191 ,500

W

Buffalo.— The funded debt. January

6

3,423 ooo

.

$6.74), 199,

6
7
6
7
7

87, 000
2,550, IKK)

do

to
to

1881 to 1878 to 1926

F.
F.

CAtrtiflto—

Water loan
do
Sewerage bonds
do
River improvement bonds

.1,

and New York.

ism)
1893

Various

6

350,000
492,000
200,000

a

and New York.
Buffalo.

Buffalo

J.

5*2

27,ll.0Oll

.1.

Buffalo

Q.-J.
Various
4 J

6

6
7
7

297,700
281,500

J.
S.

4
4
J. 4
J. 4
F. 4
A. 4
M. 4

6

4,119,093
51,500

1853 to '54
1866

4
4

A.
A.

8
6

185,000
162,000

M.

J.

5g.

12597,000

1,000
1,000
1,000

Various
Various
Various
Various

Jfass.

arid the ci

do
do
do
do
do
do
do
do

J.

Principal— When

1915

Brooklyn.

J.

N.

4

7

106,000
100.000
150,006

Funded deb t
do
do
do
do
do
Water loan

Chtltta,

4
4
4
4
4
i

7

2.779,382
100,000
100.000
199,493

i',6bo

1874
f>00 4c.
1875
1,000
1866
1,000
1866 to "78 500 4c.

da
do

do
do
do

1.000
1,000
1,000
1,000

1858 to -03 500 Ac.
1864
1,000
•863
1.000
1856 to '76 50O 4c.
1373 "71 500 4c.

bonds
do

lty

la

22,

INTEREST.
Where payable and by
payable
whom.

When

1

uds, various purposes

/.

Bate.

I

ls7::to"7:<

Temporary tax oertlnoatoe

<

'outstanding.

I860 to "72 $1,000
1872
1.000
1887 to "78 1,000

Deficiency bonds

Buffalo. X.

Amount

Slue or

iHllllls.

notice or any error discovered In tlteae Tables.

15

10
15
18
18
18
18

00
00
00
00
00
00
00
00
00
00
00
00

Nov., 1885
Juue, 1888
1888 4 1889
Jan., 1890
Nov., 1890
April 1,1895
March, 1897
1397
Jan., 1900
June 4 Oct., 1900
March, 1908
Sepr!, 1899
Sept., 1899
Oct.. 1899
March 1. 1886
Aug., 1886--97
Dec. 1,1891

July 1, 1902
Julyl, 1902

May 1, 1906
May 15, 1904
Jan. 1, 1896
Aug.,'85, '90 4 '95
1878 to '95
1878 to '94

Cincinnati.—In addition to the Issues above
named, there remain several smaller amounts, as follows: $108,000 5s, November, 1885; (56,000 (YY2. *
<"

O.) 68, 1886-88; (17.000 6s (Q.), Nov., 1890; (27.000
6s (A.), Mar.,;.897; $50,000 (H2.), Aug., 1897; $40,000
(Z.), Nov.. 1838.
By the census of 1870 population
was 218,500, against 161,044 in 1860. Tax rate (or
Sinking funds are (436.440,
1877, (29 09 per (1,000.
against (7,200,000 of old debt. The following table
from the books of the Auditor of Hamilton County,
Ohio, exhibits the assessed valuation of the city of
Cincinnati in the year 1860 and from 1870 to 1875:

Year.

15
20
13
14
15

Dee., 1878
1878 to '84

Real

Personal

estate.

estate.

I860.. $si,an.H>i
78,736.482
1870..
1871., 123.427.888
119,621,856
1872
1873.. 121,479,280

$31,411,812
57,370,751
56,934,044
55,462,410
64,166,460

1874
1875..

125,976,8)5

58,521.730

Total
valuation.
$93,032,716
136,107.336
130.361.932
175,084,296
185,645.740
181,950,074
181,498,565

Rate tax
per
$1,000.

$17 45
31 60
22 20
20 10
23 06
I

|

3.8

—The city

will be the sole owner of the stock of the
Cincinnati Southern Railroad, which is leased to a
company formed to operate It. (V. 28, p. 879, 514;

V.

24, p. 11;

V.

35, p. 16.)

36.815.7H
Population In 1870 was 336,605, and In October, 1876,
407.661, against 109,260 in 1860. The So. Park, W.
Chicago Park, and Lincoln Park loans are not
debts of the city, but of distinct corporations.
(V.21, p. 207; V. 22, P- 457, 5H; V. 23, p. 622; V.

Cleveland.—The total valuation of property for
taxation is $73,562,237 and tax rate 18 15-20 mills,
of which 7X mills are levied for interest and
The sinking fund, January, 1878,
sinking fund.
The
amounted to $1,700,000, market value.
sewer, street improvement and street opening
bonds are for special local improvements, and
redeemed by assessments on the property bene-

24, p. 443.)

fitted.

1375.

1876

253,519,110
125,468,605
181,223,490

CITY SECURITIES.

[August

25, 1877.

Subscribers will confer a great favor by giving Immediate notice of any error discovered In tbese Tables.
INTEREST.
Principal—When
Amount
Date of
Size or
DESCRIPTION.
When
Where Payable and by
Due.
outstanding.
Bonds.
par
I

Whom.

Payable!

Value.

For explanations see notes on first page of tables
Cleveland — (Continued —
J

Lake View Park
Canal
Viaduct, street and bridge ($550,000 6 p.
School ($299,000 are 6 p. ct.)
House of Correction
Main sewers, special assessment
Street iniprovem'ts do
Street openings, &c. do
Canal lock
Infirmary and River dredging

ct.)

1872 to '74
1874
1873 to '75
1864 to '71
1868
1860 to '76

$315,000
150,000
968,000
419,000
200,000
679,800

Various N. Y.,

7

J.

983,600
114,000
89,000
250,000

1876
1875-76

1877

&
A

J.

J.

Various
Various
Various

7

6

&7

Am. Exch.

1887
1894
1893
1877

Nat. Bk.

to '92
to '95
to '95
to '88
1878, '83 & '84
1877 to '92
1877 to '84
1877 to '85

do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do

J.

Various
Various

1,365,100

Viaduct

Mich.—
Bonds for various City purposes
Bonds for Water Work Co., on city's

7

&7
6& 7
7
6& 7
6

1896
1877-'81

&

J.

D. N. Y.,

Am. Exch. Nat.

June

B'k.

1907

1,

Detroit,

1855 to '59
1855 to '76
1859 to '71
1872 to '74

credit..

Publio Building stock (City Hall) bonds
Publio sewer bonds
Elizabeth, X. J.—

Improvement bonds
Funded debt bonds
School House bonds
Market House bonds
Consolidated improvement bonds
Fall River, Mass.—

1871
1870
1872
1865

to
to
to
to

1,000

'74
'75
'73
'66

1875'76

7
7
7

755,000
90,000
66,000
2,162,000

7
7
7
7

A.

Large.

7
5,6,7

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

50,000
400,000
300,000
100,000

7
6

1869 to '74
1873
1860 to "74
1876

71,500
35,000
766,500
400,000

10

1871-'74

227,000
243,000
250,000
60,000
166,500

6&

145,000
300,000
300,000
300,000
200,000
109,500
100,000

6

Galveston, Texas—
Bonds for harbor

improvement

City park bends (purchase of block 321)

Bonds for various purposes
Galveston County bonds, G. C.

& S.

F.

RR.

. .

Holyoke, Mass.—
City notes
City bonds
Water loan
Railroad loan

1874
1872
1873

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

do

do

Various N. Y., Farmers' L. & T. Co.
Various
do
do
Various
do
da
Various
do
do

lOOO&c

r.

do

A.

7

do
do
Water loan
do
do

Water loan
do

&

1,731,000

430,500
268,200
600,000
400,000
300,000
372,000
850,000

Fitchburg, Mass.—
City notes
City bonds

F.

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

City notes
City bonds

1876 to '89
1876 to 1906
1879 to '91
1892 to '94

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

7

125,400
1,301,000
684,000
272,500

&

do

O.

Various
Various

&
M. &
M. &
M. &
F. &
M. &
J. &
J. &
J. &
J. &

3*

F.

6

6
6

6
6
g.

do

&

J.

7

6
6

do

A.
Boston, Revere Bank.
Aug. 1, 1894
N. Boston, Bank Redemption.
May 1, 1895
N.
do
do
Nov. 1,1878-1830
N.
do
do
Nov. 1, 1892-1906
A.
Aug. 1, 1899-1905
do
do
City Treasury.

N.

J. Boston, Merchants' Bank.
do
do
J.
do
do
J.

7
7

A.

&
4
&

Nov. 20, 1882
July 1, 1893
July 1, 1891
July 1, 1895-1906

1880 to '87
1892 to 1902
1874 to '95
1906

Galveston.

J.

do
do

New York.

J.

Various
A. & O.
J.
J.

1878 to 1888
1878 to 1891

City Treasury.

M. & S.
Various

8

10
10

1877 to '81
1880 to '95
1881 to '93
1877 to '86
1885 to '96

1878 to 1886
1, 1889
1, 1900
1, 1894
1, 1894

City Treasury,

do
do
do
do

J.
J.

O.

Oct.

Jan.
Jan.
Apl.

Indianapolis—

Bonds to railroads
Loan bonds, series A
Loan bonds, series B
do
do C
Loan bonds
Purchase-money bonds—Southern Park
School bonds—By Board of School Comm'rs.
Jersey City—
Water loan bonds, mostly coupon
do
do
do
do
do
do
Forty-year bonds
Improvement bonds
do
do
Morgan street dock
City bonds, coupon
Funded debt bonds
Hudson City bonds
Bergen school loan bonds
do
sewerage bonds
do
improvement and water bonds
do bounty loan
Greenville street improvement bonds
Ten-year bonds, coupon or registered
Lawrence, Mass. —

.

Funded debt
do
do

Water loan
Louisville,

Ky.—

For Jefferson ville Railroad stock
Subscription to stock of L.

Waterworks
do
For improvement of

& N. RR

streets

Re-constructing street
Publio buildings and institutions
Detroit,

in 1874,

Mich.— The population in 1370 was 79.601
by State censas, 101,083. The value of

waterworks is $1,589,688, against a debt of $1,100,000.
The water works bonds are issued on a pledge
of the city credit, and $75,000 per year collected in taxes to pay interest on them.
Assessed

valuation, 1875, real estate, $20,225,875:
persona], $7,448,755— total, $27,774,630; true value
Tax rate, $3 92 per
$100.

estimated at $92,582,100.

Blizabeth.N. J.— Total debt of the city of Elizabeth Jan. 1, 1877, was stated at $4,820,000, as follows: General debt, $927,000; assessment debt,
$1,781,000; consolidated debt, $2,162,000. Estimated
true value of real and personal property, $32,00i i,00n
assessed valuation, $16,000,000. Tax rate is $2 68
within the lamp and water district, and $2 28
outside.
Population in 1875, 25,000.

Fall River. Mass.— The sinking fund amounted to
$143,0 H, January 1, 1877. The water works are
now completed. Total debt, $3,5;7,047. Population, lt7o, 45,840.

Fitchburg, Vast.— Sinking fund, $69,500. Total
debt. J894 993.
Tax valuation, 1876, $11,711,888.
Bonds all coupon. Population, 1875, 12,289.

—

Oalveston, Texat
The total city debt is $373,000,
all are 10 per cent, currency except
$108,500.

of which

HolyoU
registered.

Mass.— Bonds

all coupon, hut can be
Sinking fund, $12,000.
Total debt.

1869 to '70
1873
1874
1874
1875
1874
1873

50O
1.000
1,000
1,000
1,000

500
1,000

1852 to '67 1,000
1869 to '73 1,000
1877
1,000
1873
1,000
1871
500 &c
1872 to '74 1,000
1870
1,000
Various.

1,000
1,000
Various

1872
Various.

1869
1869
1869
Various.
Various.

l.OOO&c
l.OOO&c
l.OOO&c
Various
500 Ac.

1876

1,163,000
3,109,800
255,000
622,000
1,866.000
3,433,000
125,000
921,000
500,000
171,050
150,000
400,000
152,000
103,000
249.000
150,000

73
7-3
7-3
7-3
7-3
8

6

7
6

7
7
7
7

6A

7

7
7

7
7
"

7
7
7
7

Jan.
J.

&
to

J.
J.

91,700
133,000
262.000
1,300,000

1852
1854
1857 to '67
1873
1866 to '67
1873
1871 to '73

1,350,000
76,000
201,000

7

600,000
650,000

7

& J.
& O
A. & O.
A. & O.
Various
M. & 8.
Various
J. & J

7

Various

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

149,000
404,000

5»2

6
6
6
6
6
6
6

$S8',50O. Tax valuation, 1377, $9,399,820.
tion, 1875, 16,260.

Various
Various

July
July
July
July

do
do
do
do
do

do
do
do
do
do

J. & J
J. & J
J. & J.
A. & O.
J. & J. N. Y., Meroh.
do
Various
do
J. & J.
do
J. & J.
M. & N.
do
Various
do
do
J. & J
Various
do
do
J. & J.
Various
do
do
J. & J
do
J. & J.
do
J. & J.
Various
do
do
J. & J.
do
J. &D.

1859 to '64 50004-c
1862 to '75 5000&C
1874
1,000
1873-'75 500 &c

Jan. 1,1889, to *90

City Treasury.
N. Y., Winslow, L. & Co.

Jan.
Oct.

Ex. N. Bank,
do
do

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

do
do
do

A.

1877 to '95
1899 to 1913
July 1, 1907
July 1, 1913
May, 1891
1892 to '94
June 8, 1900

Jan.,

Various.

July

Various.
Various.

.

June

do
do
do

do

April,
April,

do

Bank

March

do

1,

1883

1886,' 96, '97

Louisville.

Bank of America.

do

1882
1883

1887, '89, 91

of America.

do
N. Y.,

1886

1,

1878-1884
1878 to 1892
July 1, 1894
Oct. 1, '90, t» 1906

N. Y., Mercantile N. Bank.

N. Y.,

1896

1,

Various.
Jan., '98 to 1900
July, 1889
July 1, 1879 A '89

Boston, Tremont Bank,

J.

1893
1894
1894
1895
1899
1878

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

July 1, 1903
1891, '92 & 1903

do

Popula-

Rate ot taxation for all city purposes in 1875 was
—Eastern District, $2 27 on $100; Western District,
$2 33; State tax, 45c. The following figures give

Indianapolis— The assessment of taxable property in 1874 was $67,801,546; taxes for that year,
$510,026, or a levy of $135 per $100. Total debt
June 30, 1875, was $1,455,000. The School Board is
a distinct organization from the city, created by a
separate act of the Legislature; levies its own tax,
which is collected by the City Treasurer. The city
warrants are discounted when sold. The floating
debt of this character, Jan. 1, 1875, was $200,000,
payable during this year.

the assessed property valuation for the past six
years. For 1870, $7(1,800,712; for 1871. $76,845,995;
for 1872, $77,153,642; for 1873, $77,225,372; 1874,
$78,295,114;
$75,586,812; 1878, $71,849,772.
1875,
The Mayor stated in his message of February, 1877:
The Assessor states that the assessment for 1877
will be reduced still further by at least $4,500,000.
The amounts levied for all purposes upon the

foregoing valuation were:

For 1874
For 1875
For 1878
Shewing a decrease of the levy

$1,511,631 22
1,482,189 65
1,406,187 81

'

Jersey City.— The total bonded debt of the city,
April 1, 1877, was stated at $14,737,450. The sinking
fund was $770,000.
Assessed valuation, including
railroad property, in 1875, $88,498,885. on which the
tax rate is $2 68 per $100 on $68,496,855, and 1 per
cent on railroad property assessed at $11,000,000.
Population by State census in 1875 was ".16,883,
against 85,000 by V. S. census of 1870. (V. 2J, p.

Lawrence, Mass.— Total debt, $1,871,650, of which
$300,000 matures in 1877. No sinking fund. Tax
valuation, 1876, $83,903,598; rate, I'M). Population,
1875, 34,916.

Louisville.—The funded debt, January 1, 1877,
exclusive of railroad loans, was $3,353,000, against
$-',:i30,0i
Janu ry ], 1876. Of the $8,258,00n there
is payable out of the sinking fund $3,740,000; payable by special tax, $4,518,000.
Population by
census of 1870 was ;03,750, against 68,013 in 1860;
now estimated upon tho basis of 7 to a voter makes
tSC.OOO. Assessed value of property, 1376, $71,349,772.

in

89,49157

1875of

And

75,951 94

a further decrease in 1876 of

—Or a grand total

of $105,443 51 reduction of the
revenue since 1874 with which to meet the expenses of thy city government, and dtmonstrating,
c 'neequently, that the greatest economy lias been
observed. If the Assessor is correct in his estimate of a further reduction in valuations of, say,
$4,5CO.0OO. the amount of the levy at the same rate
as for 1876, wil make a further reduction in the
gross lew of not less than $10 ',00. In order that
this shrinkage in values may be better understood,
I add the following table:

,

1874.

Real estate and
improvements.. .$62,?1S,921
Merchandise
9,698 402

Rciduary
Personalty

5,664,930

714,8W

1S76.

1875.
!

59,930.312 $56,380,964
a ,061,150
9,108,680
6,8W,733
5 X47.675
509,9.'5
655,845
.

CITY SECURITIES.

Auot'ST 25, 1877.]

ah.rrlbera will confer a great lavor by giving Immediate notice or any error dlacovered In these Tables.
DKSCUI1TION.
I

Date of
Hoods.

Amount

par

outstanding

Valor.

pluuallons see noUw ou Unit page of tables.

Ky.—( Continued)—

Louisville,

Public school

1853 to '70 $1,000
1,000
1808
1871
1,000
186H A- '?:( 1,000

and school bonnes

Bewor bouds
do
Elizabeth

I*.

.v.

Railroad

For old
do

1,093,000
352,000
130,000
90,000
614,000
500.O00
107,000
350,000
1,508,000

1852 to '75 Large.
1871 to '76 Large.
1,000
1870

521.000
510,000
1,300,000

Large.
Large.
1.000

530,000
471,500
450,000
387,500

lsiw

bonds

lHIKt

lmblll tics

1870 to '74
1871
Uiiiisvlllc, Now Albany * St, L. Air Line KR.
1871
Chaugo of gauge, Loufsv., Cin. ft Lox. RR
1871to*73
do
Road he
do
1851 to '63
City IhmiiIs payable by railroads

do

I

—

Muss.
01 ty notes
Watts' note*
7,

Water bonds

—

Mass.
city notes
Water Dotes

l.ijnn.

-

1870-'3- 5
1871-'4-'6

Water bonds
Funded debt
City Hall ami School House
Memphis, Tenn.—
School and paving bonds
Post bonds
Funding loan, gold

1X02 to '71. 500 Ac
1857 to '67 1,000

1867 to '68

Mississippi River Railroad bonds

Endorsement Memphis ft Little Rook
Compromise bonds, coupon
Milwaukee—
Re-adl uatmen t bonds
General elty bends
do
do
Water bonds, coupon
registered
do
Mobile—

RR

City debt, D, E, F
Bonds to Mobile & Great Northern Railroad..
Bonds to Mobile ft Al. Grand Trunk RR
To Mobile ft Northwestern Railroad
Now funding bonds (act March 9, 1875)
Kashril/e,

11.2(1(1

500 &c

2,35.1,000

1,000

1857
1877

1,000
1,000

341,000
70,000
300,000

'8, '9

&
&

M.

,v.

7
6
5 to 7
0>2

6

J.

6
6

J.
J.

S*

&

8

'500
1,000
1,000

279,000
1,035,000

6
6

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

73,000
1,890,000
500,000
400,000
2,500,000
3,030,000

6*7
6&7

7

7
7

8

M.

1849
1866 to '76

Bonds, various city purposes

(s.

War bonds,

(s.

floating debt, ftc.

Public school bonds
Clinton Hill bonds, coup, ft reg.

Sewer and improvement bonds
Aqueduct Board bonds

Tax arrearage bonds
New Bedford, Mass. —

(sink,

fund of 1859)
fund of 1864)
(s.

fd.

3

p. <•.).

(local liens).

1875

.

1876

fund $65,293)

bonds

City

improvement

1875

:

loan

Water bonds
do
do
Sew Uaren, Conn. —
Sewerage, ($250,000 in
Bridge certificates

1876
1867 to '76
1872-'74
'91,

$249,000 inl901)

City Hall
City railroad ($20,000 payable each year)
City bond* (10-20 bonds!
JVew Orleans—
Consol. debt ($650,000 applicable yearly)
lUllroad debt
Waterworks loan of 1809
Seven per cent funding loan of 1869
Seven per cent funding loan of 1870
Jefferson City (debt assumed)

Wharf lmpr. bonds (assumed by
improvement bonds

1877

1852
1854-55

1 79,600
223,000
1 4S.00O
100,000
400,000
200,000

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

499,000
30,000
60,000
200,000
150,000

1,000
1,000

4,381,000
1,128,000
830,500
1,230,050
653,650
122,500
580,000

1869
1869
1870
57, '67,'70

1870
1871
1872
1872
1871

lessees)

Street

Consolidated gold bonds (general series)
do
do
(drainage scries)

Ten per cent bonds, deficit and old claim
New premium bonds (In exchange)
Newton, Mass.

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

1,000
1,000
1,000
Various

—

City notes
City bonds

1864 to '72; Large.
1,000
1875
1,000
1875
1,000
1875

Water loan
do

7
7
7
7
6,7
6

1888 * 1903
1878 to 1808
Oct. 1, 1898
1

4^!l
ft 1901
1891

Sept.,

Feb. 1,1880

do
do
Louisville.

July, 1901 ft 1903
1881 to '93

1878 to 1894
1880 to 1894
Nov. 1, 1890

6

do
do
do
do

J
J
J
J

Mobile,

do

8

73
73

6,

New York.
New York and Nashville.

ft J.

ft J.
M. ft S.
J. ft D.

7

g-

Nov., 1905

City Treasury,

Various

Various
D.

J. ft

F. ft A.

*

J.
ft

July

to
to
to
to
to
to

1889
1910
1884
1904
1909
1909

1.

1H87-1897

1899
1894
1895
1887 to 1897
Dec, 1880
Aug. 1, 1911
July 1, 1922
July 1, 1922
April 1, 1881

New Orleans.

City Treasury.

Various

91
1, 1895
1879 to '93
1876 ft 1892
1886

April, 1888, to'

July 1, 1892
1874-5 ft 1894

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

J. ft J. Boston, Comm'nwealth
do
do
J. ft J
do
do
J. ft J.

5
6

1877 to "93
1878 to '91

July

New Orleans.

fU(

1875-77-79
1876 to '94

Oct. 1,'91 ft 1901
Oct. 1, 1877
.lnlyl, 1881
Oct. 1.1 877 to '86

do
do
do
do

5

1901

1879
1891
1878
1900
1885
2883

do

O

1875 to .'86
1885

Bank

A.
A.

J.

1891
1901
1896
1902
1902

July, 1899

City Treasury.

J.

1,
1,
1,
1,

do
Bank.
do

A. ft O.
ft O.
ft O.
ft O.
ft O.
ft O.
ft O.
ft O.
ft J.
ft O.
ft J.

1,

Jan.
Jan.
Jan.

Mobile.

Mobile, Mob. Savings

J.

5

Bank of

June

Juno

Y., Merchants' N.

J

N

5

7
10

do
do
do
do

do

J N.

6

7

1907

Milw. and N. Y., A. Goettel.

Newark, City Treasury.
do
do
A. ft O.
do
do
J. ft J. Newark Mech. Nat. Bank,
do
M. ft S.
do
do
Various
do
do
F. ft A.
do

A.

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

8. C.

Various
Various

J.

10,633,540

Memphis.
Myers ft Co.
do

P. M.

A.
A.
A.
A.
A.

5

£59,000
330,000
138,000
548,200
353,000
34,000
171,000
600,000

June, 1901

New York.

Various
Various

7

412,000

1861-'74

Ci ty

1883 to '89
1808

Jillv,

1880, '94

of America,

Charleston,

D
J
D

ft

Y,
do

J
J

J. ft
J. ft
J. ft
J. ft

8

N.

&N

59,300
133,000
134,000
152,000
1,650,000

7

J
J

ft

M.

Tom.—

Nashville & Chattanooga Railroad
Various city bonds

Principal— When
duo.

Various
City Treasury.
1878 to 1890
Various
do
1878 to 1890
Boston, Bank Republic. Jnlv l,'91-'94-'9G
ft J
1879 to 1896
3, 513, 6 Various Treos'y ft Bost. Bk. Repub.
Various
do
1882 to 1896
5,6
do

6,7
6,7
6

J. ft
J. ft
J. ft
J. ft
J. ft

1,000
1,000

Bank

N. Y.,

Various
City Treasury.
Various
do
M. & N. Boston, Bank Redemption.

5

100 iQ

do
do
do

do
do
J
Various New York and

350,802
242,000
100,000
429,000
1,171,000

1866
1859
1870
1871
1875

8.

do

New York,

A.

F. ft
J. ft

ft

1,000
1,000
1,000
10,000

of America.

do
do
do

O.

D.
Various

ft

ftc

Bank

N. V.,

J. ft

6

500

D

Various
do
Various Louisville and
A.

7

1861
1871
1876
1872
1872

New

York and Louisville.
J. Louisville, City Treasurer.

Various

7
7

6,

INTKRKST.
Where payable and by
payable
whom.

When

J.
J. ft

6
6
6
7

(1)

Newark—

War

6
6
7
7

787,500

1870

1867,

Rate.

$234,000
81,000
425,000

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

'54,'62,3,8

Wharf property
Jnil

Size or

Bk

Jan.

1,

March
June

1,
1,

1879 to 1895
July 1, 1895
July 1, 1905
July 1, 1905

i

Mat).— All the notes held by savings
Water loan slnkin; food, $69,967.
Tax

Lowell,

baaks.

valuation, 1876, $39,;98,46<>; 1877. $.39,345,368.
debt, $2,331,000. Population, 1875, 49,6^8.

Total

Lynn, JTsm. -Total debt,

$2,256,000.
Sinking
fund, $lCn,47.>.
Tax valuation, 1870, $30,927,1:5.
Population, 1S75, 33,60».

Memphis, Tenn.— The city has been In default for
interest since Jan. 1, 1873. The total floating debt
1, 1877. was $8,145,431, of which $657,815 was
overdue interest, and there were nominal assets
(unpaid taxes, &c.) to balance this of $8,807,424.
Jan.

An

outline of proposed aettlement of debt with
creditors, at the rate of 50 cents on the dollar, is
given in V. 24, p. 387. The circular of July, 1877,
urgiogthe city creditors to accept the proposition
had the following: "Those new bonds are especially valuable, 1st. because they and the coupons
are made receivable in payment of all taxes and
demanda of the city, and this feature is expressly
made a part of the contract with the bondholders;
2d, It la part of the contract, and irrepealahle,
that the citv shall not issue any more bonds
The annual levy of taxes for all purposes will of
course exceed the amount cf the annual interest
coupons ou the-e bonds.
Hence the interest is
asmred at all events, even if by inevitable mi-fortune the city shonld fail to pay the interest in
money. The proposition Is to issue the new com
promise bonds In exchango for the present Indebtedness (including interest on past due indebtedness) at 50 cents on the dollar. For judgments the
Legislature authorizes the payment of S5 cents."
Aa-e«c<l valuation of real estate, 1875, $19.3W tailpersonal, about *6,500.r00. Tax rate. $8 ner *lon

Popnlatlon In 1870, 40,830. (V. 21, p.

186, 570;

V.

23,

—

Milwaukee. The city cannot Issue debt beyond 5
per cent of its average assessed value for five years.
In 1876, valuation was $38,743,42* real, and $14,931,763 personal property; tax rate in 1875, 25.64 mills.
Sinking funds are provided for all the bonds.
There is also about $47,000 scrip issued to settle
Population by State census,
old railroad bonds.
1876, 101,000. (V. 23, p. 682.)
Mobile.— The valuation of property in 1876 is $12,891,885 real estate and $5,877,716 personal property;
tax rate. IX per cent. Interest has been in default
since July, 1873.
settlement with bondholders was
offered by Act of March 9, 1875, viz.: $510 in 6 per
cent bond for $1,000 of tbe old 8 per eaat
The 5
per cent bonds have a lien on city revenue, and
exchange for these was offered at 75 per cent of
their face. Up to January, 1877, there had been
settled, of old bonds, all except the amounts outstanding, as above given, and $12,000 5s and
further adjustment is
$10.500 5s of other issues
again suggested by the Auditor under a law of
Alabama passed in 1677, which provides that " the
municipal authorities of any city, town, or county
in thia State, against which there may be outstand1 ng indebtedness, of any kind, are hereby authorized
snd empowered to settle arid fund any snch
indebtedness upon the best terms they can obtain
without increasing the liability of any such municipal corporation." Population about 38.0M. (V. SO,

A

A

p. 802.)

Nashville, Tenn.— At the close of the fiscal rear,
Sept. 30, 1876, there were $138,500 of past due bonds
and $t8U.0O unpaid coupons. The total debt was
$1,171,721. Assessed valuation of all propertv, a'lout
$18,685,775; tax rate, 1876, 3 per cent.

Newark.— The bonds in the first line In the table
are payable out of the sinking fond of 1659, which

amounts to

$113,263; those In second line out of
sinking fund of 1864. $930,588; public school bonds
out of public school fund, $94,402; Clinton Hill bonds
by sinking fund, $27,769; against local Improvement bonds the city holds $1,676,368 of assessments
nnpaid and a lien on the property. Temporary loan
bonds, Jan. 1, 1877, wero $1,027,200. Valuation of
Tax
real and personal property, 1876, $97,118 004
rate for all purposes, 1876, $1 90 per $100, against
$1 98 in 1875. Population in 1870, 105,059.

New Bedford, Mans.- -Total debt. $1,050,600. Ne
sinking fund.
Tax valuation, 1870. $82,996,014.
Population, 1875, 85,895.

NewHavn, Conn.—Total debt *9S9,000. Sinking
fund on City Hall loan. $47,969 73. The citr has
a " special loan" of $75,000 to the New Haven
ft Derby RR
and "guaranteed" $215,000 of its
second mortgage bonds, on which the city has been
obliged to pay the interest, and on f 5u,000 of the
special loan. Interest advanced to the road, $82,890.
made

.

Population, 1870, 50,640.
New Orleans.— The total funded debt, April. 1876,
was $50,878,338: certificates, coupons unpaid, 4c.,
$67!,781; other floatlngdebt.$l. 145,325. The assessed
valuation of property for ls77 is $104,669,889, real
and personal.
State tax, 14X mills; city tax.
scheme for settling
15 mills; total tax, 29X.
the debt by a bond premium drawing plan is In
practice, and drawings take place January 31, April
Population in 1870,
15, July 81, and October 15.
191,418: In 18(10. 138.67a
(V. SI, P. 64, 86, 158,
978,511,613; V. 22, p. 471. 6»; V. CJ, p. 1SJ, 1S5,

A

397.

Newton, Mas. -Total debt, $1,813,054.
Tax
valuation, 1677, $28,645,94«; rate, 136. Population,
1875, 16,106.

CITY SECURITIES.

xri

Subscribers will confer a great favor by

DESCRIPTION.

jjlvlnjr

Size or

Bonds.

par

2fcw

do

$100Ac
100 Ac

100 Ac
100 Ac
100 Ac
100 Ac
100 Ac.
100 Ac
100 Ac
'98)
100 Ac
100 Ac
100 Ac
100 Ac
100 Ac
1860
1865 A '68 100 Ac
Market stock
100 Ac
1869
City Cemetery stock
100 Ac
1876
City improvem't sfk (part red'mable after '96)
1870-'73 100 Ac
do
do
100 Ac
1869
Lunatio Asylum stock
1869- '70 100 Ac
Fire Department stock
1870-'73 100 Ac
Fire telegraph bonds
1869
100 Ac
Tax relief bonds
1870
500 Ac
do
do coupon
N.Y.Bridgebds ($1,500,000 red.after July, '90) 1869-'77 100 Ac
1869-'70 100 Ac,
Accumulated debt bonds
Street improvement bonds
1869
100 Ac.
Street opening and improvement bonds
100 Ac.
1871
Ninth District Court-house bonds
100 Ac.
Department of Parks improvement bonds.
100 Ac
Assessment bonds
100 Ac.
City parks improvement f una stock
100 Ac.
1871
Normal school fund stock
100 Ac.
1871
Public school building fund stock
100 Ac.
1871
Additional Croton water stock
1871
100 Ac.
Sewer repair stock
100 Ac,
1872
Consolidated stock
100 Ac.
1874
do
20-50 (redeemable July '96)
1876
100 Ac.
Museum of Art and Natural History stock
1873
100 Ac.
Improvement of Third avenue 23d ward
1874
Third District Court-house bonds
1874
Armories and drill-rooms
1877
500 Ac
Liquidation of claims and judgments
1875-6
500 Ac
Central Park cons, improvement bonds
1876
500 Ac
County Court-house stock
1862 Co '68 100 Ac
do
do
No. 3
1871
100 Ac
do
do
No. 4A5
1872
Soldiers' bounty fund bonds
1864
100 Ac
Soldiers' subs, and relief red. bonds
1864
100 Ac
Soldiers' bounty fund bonds, No. 3
1865
100 Ac
Soldiers' bounty fund red. bonds, No. 2
1865
100 Ac
Riot damages red. bonds
1864
100 Ac,
do
indemnity bonds
1864 to '72 100 Ac
Assessment fund stock
1868 to '72 100 Ac.
do
do
1873
100 Ac,
do
do
1874
100 Ac,
do
do
1875
100 Ac,
Repairs to buildings stock
1870
100 Ac,
Consolidated stock, gold, coupon
1871 to '72 500 Ac.
Accumulated debt bonds
1869 to '70 100 Ac.
N. Y. and Westchester Co. improvement bonds
1870
Consolidated stock
1874
For State sinking fund deficiency
1874
Debt of Westchester towns annexed

—

Norfolk, Va
Registered stock

Coupon bonds
trust fund
paving
water (a niort. on water works.)

—

Ronds issued prior to consolidation
do for railroad stock subsidy subscript'ns
do for water works
Bonds for bridges
do for park and Centennial
Bonds for war and bounty purposes

'Cables.

Principal—When
Due.

do municipal, school, sewer,
Guaranteed debt, gas loans

.fee

—

Pittsburgh
Water extension loan (coupon or registered) 1868 to '74
Funded debt and other municipal bonds
1845 to '72
Compromise railroad bonds (coup, and reg.).
1863
Bonds impr. Penn.av., Ac. (local assessment). 1871 to '73

399,300
3,849,800
5,691,000
2,748,000
296,000
75,000
1.971,931
7,269,400
700,000
521,953
597,586
2,767,000
3,000,000
3,000,000
6,500,000
3,661,739
1,000,000
300,000
3,704,200
13,644,300
5,619,000
200,000
636,000

A 7 Q.—F.

A

7

MAN.
Q.-F.
Q.-F.

MAN.

£3

5

6

7A6
6
6 A7

g,

7

Q.-F.
M. A N.
Q.-F.
M. A N.
iM.

A

cc

A

O

S>T3

N.

M. A N.
M. A N.
M. A N.
6 A 7
M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
7
M. A N.
5 A 6
M. A N.
7
M. A N.
6
M. A N.
7
M. A N.
7
5, 6 A 7 M. A N.
M. A N.
7
5, 6 A 7 M. A N.
M. A N.
6
M. A N.
6
5 A 6 M. A N.
M. A N.
6
6
J. AD.
5 A 6 M. A N.
6
M. A N.
M. A N.
7
5 A 6 M. A N.
M. A N.
5
M. A N.
M. A N
6
M. A N.
7
M. A N.
M. A N.
5 A 6
M. A N.
6
M. A N.
6
M. A N.
7
M. A N.
7
M. A N.
6
6
M. A N.
6
M. A N.
M. A N.
7
M. A N.
M. A N.
6
6
M. A N.
g M. A N.
M. A N.
7
M. A N.
6
5

6

7

925,000
265,000
8,779.700
1,902,850
866,000
65,000

396,000
323,250
488,475
1,240.000
2,400,000
600,000
359,091
4,000,000
946,700
745,800
376,600
1,000,000
855,204
1,719,400
492,700
100,000
900,450
100,000
14,702,000
6,000,000
30,000
1,680,200
3,509,545
1,250,000

02^3

H
u

7

J.

7

M.

6

J.
J.

6
8
8
8
8

5

M.
A.
J.

M.

A6

A
A

O

o

1879 to '82
1890
Nov. 1, 1877 to '80
Nov. 1,1877 to '80
Dec. 23, 1901
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1891
Nov. 1, 1882
1894 to '96
May l,1916-'26
1903
Nov. 1,1877 A '79
Nov. 1, 1890
Jan. 10, 1880
July 1,1877 to '79
Nov. 1,1878 to '80
1877 to '92
1884 to '88
1894 to '98
1883 to '98
1880 to '81
1895 to '97
1891

c3

e-s

= •3
5 S

3?

1877to*79
1882
1887
1903
1877-78
1910
1884 to '88
1896 to 1901
1884 to '88
1891
1896
1877 to '86

I

D.
N.

A J
A J
A 8

Norfolk, Treasurer's Office,

do

7

6

4

A7
A5
7

do
do

do
do
do
do
do
do

do
do
do
do
do
do
do

do

6

I

do

A O, Norfolk, Cit. A Feop. Banks
A J, Norfolk, Treasurer's Office.
A N New York, Park N. Bank.
Phila., Far. A Mech. N. B'k

6
6
6
6
6
6
1

A.

A

'5

1877, '78, '88

-

1,054,864
28,500
202,700
226,500
189,300
500,000

4,413,400
2,241,000
2,179,469
5,028,800

6

7
6

3,341,071

.

6

1879 A 1880
Nov. 1, 1902
1883 A 1890
Aug. 1, 1884
Aug. 1, 1900
Nov. 1, 1900
1907 to 1915
1907 to 1911
1880
1887 A 1898
July 1, 1898
1887 A 1895
Nov. 1, 1901 to
May 1, 1878
1894 A 1897
1888
1889 A 1926
1889 A 1892
1889
1889
1884
1879
1890
1905 A 1926
1884 to '88

Q.-F.
M. A N.
Q.-F.
Q.-F.

6
6

970,637
490,000
450,000

6,630,021
1,725,000
6,500,000
4,853,500
8,701.000
11,650,000
15,509,750
5,599,400

1855
1855 to '71
1859 to '70
1868 to '70
1862 to '65
1860 to '70

A6
7
A6

A

6
5,
5,

•1,122,000

100
100
100
100
100
100

1874
1870
1872
1873
1871

5
6
5

$2,414,000
500,000
2,900,000
250,000
3,550.000

—

Philadelphia

Rate.

25, 1877.

I

1841 to '63
1872
1846 to '69
1865-6
1870 to '76
1871 to '72
1865 to '74
1866 to '70
1869
1857 to '59
1856
1858 to '71
1870

Croton water stock
New Croton Aqueduct stock
Additional new Croton Aqueduct
Croton water main stock
Croton Reservoir bonds
Croton Aqueduct bonds
Croton water pipe bonds
Cent. Park fund stock ($275,000 only due
do
do
Central Park Improvement fund stock.
Dock bonds
Floating debt fund stock

do
do
do
do

INTEREST.
When
Where Payable and by
Pay'ble
Whom.

Amount
[outstanding

Value.

YorkWater stock

August

Immediate notice of any error discovered In these

Date of

For explanations see iiotes on first page of tables.

I

1877 to '85
1877

to

1903

1877 te 1905
1883 to 1905

Philadelphia.

O.

1878 to '85
1894
1890
1892
July, 1893
May, 1901

Jan..
Sept.,
April,

Various Pittsburg, Phila. A N. Y.
J. A J. New York, B'k of America.
Various
Philadelphia.

1893 to '98
1877 to 1912
1913
1883 to '85

I

New York CUy.—The

New York, The tax rate for 1877 has been placed at 826 50, to
amount of raise $28,484,269.
By an act of 1874 the towns
The following statement of West Farms, Morrisania and Kingsbridge, emshows the details of funded debt, and the amount bracing about 12,000 acres, were annexed
to New
in the city sinking fund at the dates named:
York. The report of Comptroller Kelly to the N. Y.
Jan. 1, '76. Jan. 1, '77. July 31, '77. Legislature is given at some length In V. 24.
p. 158.
Description.
An extract from Mr. Green's statement, made in De$
$
$
Funded debt
119,056,903 119,631,313 121,319,183 cember, 1876. in regard to the city finances, is
in V.
Sinking funds... 87,748,307
28,179,102
29,659,110 23, p. 585.
The outstanding assessment bonds (payable out of local assessments ou property benefitted)
Net debt
91,308,598
91,452,211
91,660,073 are represented by advances to contractors, adTemporary debt.. 21,322.200 22.371,400 22,144,400 vances on Boulevard
work, and uncollected local
Revenue bonds.
4,142,925
6,104,844
18,3*1,997 assessment*. (V. 20. p. 14, 29; V. SI, p. 86: V. Si,
The population of New York by the U. S. census p. 63, 563; V. 23,
p. 135, 160; V. 24, p. 40, 158; V. 25,
In 1870 was 922.531, against 805,658 in 1860. Since
p. 17.)
July

31,

was

1877,

total debt of
$161,784,580; the

sinking funds $40,659,1 10.

.

1861.. 406,955,665 174,621,306 3 62
,7 *.'"' i .»31 8 87

JSS-SS'SS'S
KMSS-JS'SS '"W.'ei

4 27
22i,920,505 5 31
'471 « 96
•Sl'SS'iJt
!l!S"ffi'**M5< 257.994,974 3 91
4 67
lof>8.. 624,436,555 285
199,972 6 13
1869 681,183,918 281J42 696 2 72
1113 075 SU5.28-, 374
2 70

iSH&S&S K
HE-Et^I'SS

JgH"'

m

S-WMM

'

16
13
16
17
24
19

22
70
19
19

36
45
08

20,087 301
21 695 506
26,185,190
29
33.769.601
94 ^1 35,973,597
f

f

Norfolk.— The

bonds due April, 1892, are two
series— series »st, issued to A. M. A O. RR. and
Raleigh & Gaston RR. series 2d, to private parties.
Both series are secured by deed of trust on city
property.
Coupons of 1st series are payable at
Citizens' Bank; conpons of 2d series at Peoples'
National Bank. Tax rate, $1 60; water tax, 40 cts.,
(special); total rate, 2 per cent.
;

.

06 a 33,0:>1 683
03 Z 32 914 «i
17 M 35 98.'! 617
98 -2 47 791 S40
80 1 li,: 173 552

Philadelphia.— The total funded debt, January 1,
1877, was $55,569,871; guaranteed debt. $5,599,400;
floating debt, $11,721,101. Sinking funds, $11,376,000.
Total disbursements of the city for 1876 were
$14,165,240, classified as follows: Judgments. Ac.,
$741,277; interest on city loan, $3,740,733; interest

on endorsed warrants, $291,497;

sinking fund',
$805 345; warrants of previous years, $6,063,340;

Ma

—

5 21;,3<I0,154
29 46
!2Ir'5
1876..892.428,165 218 626 178 ---28 00-^
t877..895,9,3,9S8 206,028:160 --26 50fi3 '

-5 '

Of this amount $9,159,269
$29,364,029.
to come from other sources than
taxes, leaving $20,204,759 to be raised by taxes,
at a rate of $35 per $1,000 on full city property.
liabilities,

was estimated

His estimates, however, were materially reduced
by the Councils, and the tax rate was put at
The following table
$2 25 for full city property.
exhibits the assessed valuation and tax rate in the
city since 1870:

Personal

Rale Tax

Year.

Estate.

Estate.

1870
1871
1872
1873
1874
1875
1876
1877

$470,851,800
491,814,096
502,415.863
518,234,568
539,003,602
565,849,095
585,408,705
593,313,532

$8,188,873
8,592.786
8.608,819
8,930,700
9,239,933
9,434,873
10,001,673
9,765,000

per $1,000
$18 00

Real

.

Jan. 1, 1861, the valuation, rate of taxation, and
net funded debt at end of year, have been as follows:
^-Ratetaxp.
Net
Real
Personal
$1,000.^
Funded
Year, estate.
estate. State. City.
debt.

«M

statement to form a basis for taxation in 1877.
total estimated
1, 1876, making

was issued Nov.

<

•

116 771 rot
1

98

t'tTn

amount paid on loan warrants.
tion

$1,539,110: erecpublic buildings, $74,079; school fund,
State tax on settlement, $38,646; cash for
departments, $809,943.
The Comptroller's

of

$8,59.1;

the

IS 00
20 80

2150
22 00
21 50

2160
22 50

There is no large amount of city debt maturing in the
next five years. Assessed valuations for 1877 are :
Full city property, $545,036,521; tax rate, $2 25;
suburban property, $38,252,980; tax rate, $1 50: farm
property, $19,779,031; tax rate, $1 12)tf. Population
1870,

674,022, agaiust 565,529

in

1860.

—

PMteburah. See remarks upon the city's financial
condition V. 24, p. 591. Cash valuation in 1876: Real
properly, $120,871,769: pergonal, only $2,570,401,
according to Comptroller's report; "Occupation,"
Tax rate,
815,273,030.
Sinkine funds, $473,277.
Population about 140,000. Interest
1877, 2X mill*.
defaulted April, 1877.

(V. 24, p. 519, 691.)

August

CITY SECURITIES.

25, 1877.

t« will confer a

sui> utIIi

br

irraat fAr.tr

Loan

Me.—

*

to Atlantic

Portland

ilo

St.

&

do

ili>

Amount

alue.

•lis. '88, -7(i
fl.000
1887 to '88 500 Ae.
1873
1873
1803 7,". 500 Ac.

Lawrence Railroad 00

Rochester Railroad
do

do
Portland a- Ogdensburg
Mtmlclpal— proper
/;.

Bonds
do
do

do

»!•>

do

do

lOOO&c,
lOOOAc.
lOOOAc.

888
1863
873

improvements

1

1

City Main- sewer loan b'ds, sterling, rp.orreg
& Springfield RR, bonds, guaranteed
Rochester, X. 1'.—
To (.!< <f sec V.i lev Railroad
and R. N. A P. Kallroads
To Rooli. a State
Kor various city Improvements

1874
1876
1875
1872

I

£100
1,000
lOOO&c.
Various

L

: works loan, coupon and registered
Funding loan

Ac

lOOOAe.

I

Joseph, Mo.

lOOO&e

St

to St.

Louu—

Renewal and floating debt bonds...
Real estate, buildings and general purposes..
Improvement i><>niis
Water work bonds (old)
Tower G rove Park bonds (gold)
Sewer bonds
Harbor and wharf bonds
New water work bonds (gold)
do
do
do
Renewal and sewer bonds (gold)
Renewal purposes, gold or sterling
Benewal, dec, bonds, gold, $and &
Renewal. Ac, bonds, gold or sterling, coupon
Bridge approach bonus (gold)
St. Louis County bonds assumed—
Renewal bonds, coupon
lion. Is to railroads, coupon
;

Insane Asylum

County

Jail
leneral purposes, gold

<

Renewal, gold
Para bonds, coupon, gold
Count v bands
6*/.

faul,

lS46to'71
1840 to '68
1851to*66
1856 to '58
1868
1855 to '69
1852 to '68
1867 to '70
1872
1871 to '73
1873
1875
1874
1872

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

1867 to '71
1853 to '55
1867
1868
1872
1873 to '75
187S
1875

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

500

Various
Various
Various

Preferred bonds
8 percent bonds

Lake Superior A

500 Ae.

1868

Mississippi Railroad.

•
Paul A Chicago Railroit'
ad\
Public Park (Couio.)
Salem, Mats.—
City debt

1,000

St.

100 &c
100 &c
100 &c

do
do

Water loan

1,000
1,000

1877

do

Ban Francisco—
Bonds of 1858, coupon

1858
1*62
1863 to '64
1864
1865
1866 to '67
1867
1870 to '72
1874
1872 to '75
1871 to '73
1874
1875 to '76
1876

(gold)

San Francisco A St. Jose RR., coupon
Judgment bonds, coupon (gold)

(gold).

Central Pacilie Railroad, coupon (gold)
Pacific Railroad,
do
do
School bonds,
do
do
Judgment bonds,
do
do
School bonds

Western

do

Park improvement bends
Hospitul bonds
Hon.-" of Correction bonds
city Ball construction

'.

Widening Dupont St. (Act March 4, 1876)...
Savannah, Ga. —
Construction of water works
Improvement of Savannah River..
Savannah, Albany 4 < nlf Railroad..
Funding coupons and other purposes
Redemption of bonds
do
do
Bonds for city improvements
Harbor, Ac, improvements
For floating indebtedness
I

ForUawi, Me.— The sinking fund March 31. 1876,
$537,1!M. The city is protected by mortgages
At. A St. Lawr. and on Portland A Rochester Railroads, and holds 7,143 shared of Portland A
Ogdcnsburgh stock. Assessed va'ue of real estate
in I87d, was $18,708,509; personal, $11,851,855. Tax
rate, $25 per $1,01)0. Population in 1870, 31,413,

was
on

against 26,341 in 186L

(V. 24, p. 512.)

ProrUi'hce, R.l.—The principal debt of Providence
ha' been created since 18TI for water works. The
floating debt at close of fiscal year September 30,
18TB, was $I,k!I,o.W, and funded debt. $T,787,S80.
Th« asses. ..(i valuations of all propertyln 1876 werelie, $81,931,000; personal. $:!6,o8l,i00.
Rate
of tax, $11 50 per $1,000. The sinking fund for
bonds due In 1985, $443,648; sinking funds of 1893
8118.947; I89S, $17,940; 1900-6, 98.684. Population

by U.

8. census, 1971), 68,901;
100,800.

Rochester

— The bonds

by State census, 1875

of Genesee Val.

RR.

loan,

$1T2 000, arc provided for hv net receipts from a
lease of said road to Erie RR. Co. after paying the
interest out of said receipts. Valuation of property
about $02,000,000. Rate of tax, $1 33.
St. Jmeith. Kb.—Population In 1870 was
10,565,
8.
Win I860. Assessed valuation of property,
$1 1,000,0 jo; rate of tax, -S3 mills. (V.JS, p. 135, 175.)
'i

St.

1,330,000
3,330,300

Whom.

M.

AN

.1.

A

:i<io,ooo

2,000,000
•J .(MM
1..Mil

1,1

1(10

1.1

KM

ioai»- Population by the U. S.
810,681, against 160,773 in 1860.

census

in 1870

Theoityand

I

1853
1853
m.->:s

1866
1869
1870
1870
1872
1873

Boston, Footn A French.
Boston, Columbian Bunk.

.1

AC

m'nthly

Boston and Portland.

a

M.

Providence.

o

J.

A
A
A

5&6g.

8

5

do
do
London, Morton, Rose
Providence.

A

g-

172,000

J.

T.'.O.OOO

F.

A

J.

A

do

647

leo.ooo
299.400
500,000

7
10 & 6
10

500 &c
500 &c
500 Ac
500 Ae.
500 Ae.
500 &c,
500 Ae.
500 &o.
500 Ac,
500 &c.
500 ice.
500 &c.
500 Ae.

500
500
500 &c
100 Ac
1,000

500
1,000
1,000

300 Ac

6
6
6

336,000
l6.(ioo

885,000

S*

1,210,000
3,950,000
1,250,000
OH 1,000
1,074,000
707,000
2,072,000

6
£ R

4.50,000

500,000
600,000
.150,000

2,300,000

500,000
499,927
67,210
263,125
200,000
100,000
100,000

do

Various N. Y., Nat. B'k
M. A N.
do
Various St. Joseph and
J. A J. N. Y., Nat. B'k

Various N. Y., Nat.
Various
do
Various
do
Various
do

6

1,950,000
1,249,000
166,000

£ g

'

F.

B
S
6 g.

'

A

Commerce

1880

1878 to "89
1891

York.

Commerce

Bank Republic

1878 to '91
1878 to 1906
1879 to '86
1880 to '83
Aug., 1898
1877 to '89
1877 to '88

do
do
do
do
do
do

Now York and

St.

Louis.

June, 1887, to '90
April 1, 1892
1891 to '94

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

do

Various
M. & N.
M. A N.

Nov. 1, 1893
May 1, 1895
July 1, 1894
Dec. 10, 1892

&
A
6g.
J. A J. N. Y., Nat. Bk. Commerce
7
J. A J.
do
do
do
do
f* J. A J.
M. & 8.
do
do
7
do
do
g J. & D.
S
do
do
6 g. J. & J.
A.
do
do
A
O.
« g.
do
do
6g. M. &N.
12 & 7 M. A N St. Paul and New Y'ork.
do
M. A N.
do
7
Various N. Y., P. M. Myers A Co,
8
J. * D.
6
N. Y., Farmers' L.
Tr. Co
6
J. A

66,000
46,000
800,000
500,000
8*8,000

542,000
105.000
435,500
377,000
250,000
197,000
246,000
385.000
200,000
475,000
210,000
150,000
750,000
915,000
198,000
61,500
937,000
36X.S00
117,000
349,500
534,000
500,000
400.000

J.
J.

1877 to 1881
1878 to 1880
July 1. 1887
Sept. 1, 1888
June. 1892
1893 to 1895
April 1, LOOS
May 1, 1895

-

I

1877 to '90
1877 to '86
1889, '90, '96

1888 A '98
1900

<Sc

>

to '80

Nov., 1889

do

Now

do
do
do

A.

Various
Various
J. A D.
A.

-

A

1878 to 1903
1893
1876 to 1902
Jan. 1, 1903
1905

do

do

431,500

July 1, 1906
July 1. 1895
1892

A Co

N. Y., Union Trust Co.

J.

to '01

Sept., 1885
Jan., 1883
Jan., 1900
Jan., 1900

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

J.

A A.
Various

1,060,000
3,182,000

1,190,000
loo.ooo

1, 1*97
1007

1877

Boston, Prov. and London.
N. Y., ST. City Bank, A Prov,

A-

I

461,000

Nov., 1886,'87,'88
July. 1-(S7

do

J.

A

1,400,000
500,000

:t

Principal— When
Due.

July
5

600,000

Minn.—

Revenue bonds

was

$787,000
700,000
400,000

Where Payable, and by

Pny'ldr

410,000

1875

—

500
Joseph a Denver City RR., 1869. 1860 to '69
I860
500
Missouri Valley Railroad
do
1858 to '69 100 &c
Bonds for various purposes
1871
500
Bridge bonds

Bonds

Bate.

When

/.—

tor public

milting and bounty bonds
Water loan bond*, gold, coupon and rcg

St.

INTKItlHT.

I

Slsse or|
|outatuuding.
PI>ar

HondH.

EpUnatlons see notes on Bill page of tables.
Portland,

mir error discovered In thven TebUe.

nlvlnjr ttimedlate notice of

Date of

DKSCRIITION.

xiii

7

7g.

A J.
A J.
A J.
A. A O.
J. A J.
J. A J.
Various
A. A O.
J. A J.
M. A N.
A. A O.
A. & O.
J. & D.
J & J.
J. & J.
M. & N.
J. A J.

2*
7g.

J.

5

6g.

I*
g

l
l g
l g
Z g
l g

-

-

7 g.
2 g
g
i
6g.

'
-

7

7
7
7
7

7
7
7
7

City Treasury.

J.
J.
J.

6
6
6
5

San Francisco,
do
do
do
do
do
do
do
do
do
do
do
do
do

&"j.

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

A.

M.

N.
D.

J.
J.

county were separated by law in 1877 and city assumed the county bonds. Total funded debt of
city April II, 1877, $16,247,000. The Comptroller
gives the following in his late report to April, 1877:
The liabilities appear as follows The bonded debt
at the close of fiscal year (April 9, 1677), was $16,247,000; the bonded debt of the late county,
assumed by the city. $S,S20.0.X); bonds maturing
during current fiscal year, for which renewal bonds
are authorized, $411,000. Other liabilities— claim
of St. L'luis Gaslight Company for gas tarnished
prior to 167:', with interest to July 1. 1675, $h2 1,030;
claim for gas from December 1,1875, to May 8!,
[These claims are in suit. A decision
1878, $61,921.
favorable to the city has been rendered by Circuit

do
do

do
do

New York and

J.
J.

N.
J.
J.

Jan.

1, 1888
1877 to '78
1, 1883
July 1, 1894
May 1, 1895
April 1, 1881
Oct. 1, 1887
June 1,1882 to '90
Jul/ 1, 1894
1897 A 1904
Nov. 1, 1891
July 1,1894

Jan.
Oct.

l-'.to

1896

Savannah,

do
do
do
do
do
do
do
do

N.

1, 1882-1887
1878-1889
1, 1891
Api. 1, 1883-1898
July 1, 1904

Jan.

do
Boston, Merchants' Bank.

do
do
do
do
do
do
do
do

Feb., 1878
Nov., 1883
Dec, 1888
Feb., 1886

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

St. Paul, Minn.— Population in 1870 was 20,080;
in 1875, by State census, 31.237. Assessed valuation
of taxable property, $27,755,946, or about one-half
of the actual value. (V. 15, p. 628.)

:

Court]

Other outstanding

liabilities

amount

to

8879,896, and are fully provided for in the estimate
of expenditures far the current year. The sinking
fund Is as fol'ows: Assets of this fund at com
meooemsnt of Jthe present fiscal year, $716,802.
This fund has, since Its organization (March 4,
1870.) purchased and retired $1,120,000 of bonds.
including $67,000 issued May 1. 1877, iu renewal of
$71,000 of bonds matured last fiscal year. The
resources availab'e this fiscal year will be about
$857,981 93. of which about $155,000 are r.sonrccs
of last fiscal yar carried forward for nurcha«e of
Assessed valuation
bonds during this fiscal year.
of property, $181,311,310; tax rate, $3 80 per $10j.
(V. 22, p. 513.)

Salem, Mats.— The sinking fund amonn's to
$173,001, and the bonds are v.l ucd at par; $1,146,
000 of debt coupon; balance registered; total,
$1,4)2.678. Population, 18:5, 25,958. Tax valuation,
-

1675, $26,312,272; 1877, $25,810,600.

San Francisco.— Population by the

TJ. S.

census

Real
1870 was 149.482, against 56,802 in I860.
estate for the fiscal year ending June 30, 1877, is
assessed at $190,221,003; personal property at $70,About $54,000,000 of m-irtgages are now
041,840.
Sinking funds raised
omitted from assessment.
annually amount to $263,500. Tax rate in 1S76-7 is
$2 12^ per $100, against $1 60J< In 1875-6.
of

Savannah. Ga.— Default was made oh interest due
Nov. 1, 1878, in consequence of yellow fever and
conference with some
non-collection of taxes.
of the creditors of the city was held June 6, 1877,
for a compromise. In Jniy an action was commenced by citizens to pi event the payment of bonds
or interest, but an injunction was refused. Assessed
Population in
value of real estate, $11,000,000.
1870, 28,235, against 22,292 in 1880. (V. 31, p. 481,

A

543; V.

»,

p. 41, 80.)

RAILROAD STOCKS AND BONDS.

XIV

[Ausuer

25, 1877.

Subscribers will cooler a great favor by giving Immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size, or
pal, When Due.
Amount
of
Par
of
For explanation of column headings, Ac., ece notes
Rate per When When Payable, and by Stocks— Last
Road. Bonds Value. Outstanding
Dividend.
Cent.
Payable
Whom.
on first page of tables.
Alabama Centra!— (Selma & Merid.)— 1st mort
Alabama <£ Chatt. —lstmort., gold, guar, by Ala

1871
1869
1872

81

296

Receiver's bonds or certificates

Albany <C Susquehanna —Stock
1st mortgage
Albany City loan (sinking fund, 1 per ct. yearly).
2d mortgage
3d mortgage, sinking fund
Consol. mort. (guar. D. AH.) coup., may be reg...

A lleghany

Valley—Stock
General mortgage (Riv. Div.)

Bonds

2d mort., East ext.
1st mort., East'n Extcn., guar, by Pa. RR
Funding income bonds, with traffic guarantee
Alexandria <t Fredricksburg— 1st mortgage
Arkansas Central—1st A 2d mortgages, gold
Ashtabula, Younqstown <t Pitts.— 1st mortgage
2d mortgage, income
Atchison <£ Nebraska — 1st mortgage
Atchison, Topeka <£ Santa Fe— 1st mort., gold
Land grant mortgage, gold, (on 3,000,000 acres)
to State Pa. (endorsed)

1,000
1,000

100

201
142
142
142
142
142
262
132
110
110
262
51
48

1863
1865
1865
1869
1876

1,000
1,000
1,000

500 Ac,
1,000

50

1866
1870
1871
1874
1866
1871
62ia 1871
62 ia 1874
150 1871
470 1869
1870

1,000
1,000

100 Ac.
500* Ac,

1,000
1,000
1,000

500 &c,
500 Ac.

Consol. bonds, gokl

Notes

Land income bonds
Pottawattomie bonds (contingent)
Wichita <fc Southwest, (leased) 1st M., gold, guar..
27 ie
Kans. City Top. & West., (leased,) 1st M., gold.
50
Pueblo A Ark. Valley, (leased,) 1st M., gold...
148
Atlanta dt ltichm'd Air L.—New mort. for $500,000 2651a
Atlanta <C West Point Stock
87
Atlantic <£ Great Western— Stock (total $40,000,000)
585
Preferred stock
585
Old 1st mortgage bonds, Ohio Division
lstgcueral mortgage ($18,000,000)
460
2d
do
460
do
($12,000,000)
3d
do
do
460
($29,000,000)
Leased lines rental gold bonds (CI. A M.)
do
do
(P. P., P. V. and 8. & A.)
Western Extension certificates (CI., Col., Cin. A I.)
do
do
do
bonds

1872
1875
1877

—

Oitlf—Common stock
Guaranteed stock
Consolidated 1st mortgage
8av. Albany A Gulf RR. mortgage bonds

Atlantic

286

Southern Georgia* Florida, 1st mortgage
do
do
2d mortgage
o!

Ohio— Stock, (com'n,

pref.

A guar.).

lstmort. consolidated, gold (for $15,000,000)
2d mort. to the State (no interest till 1880)
Norfolk & Petersburg— 1st mortgage
do
do
1st
do
do
do
2d
do
South Side— 1st preferred consolidated mortgage
do
2d
do
do
do
do
3d
do
do
do
Virginia & Tennessee—Enlarged mortgage
do
do
4th mortgage
do
do
Registered certificates
do
do
Interest funding bonds.
Atlantic <t Pacific— Sec St. Louis dt San Francisco.
Atlantic
St. Lawrence— Stock, currency

"58
58
428
428
428
81
81
81
133
133
133
214
214

. .

<£•

Stock, sterling

Portland city bonds, 1st mort., sinking fund
2d mortgage, sterling, 5-20 years
3d
do
do
do
Sterling bonds, not mortgages
Augusta dt Savannah—Stock
BaUl Eagle Valley— lstmort, s. f. ($5,000 per yean
2d mortgage ($5,000 per year)
Bxltimore <t Oh io—Stock
Preferred stock
Washington branch
Loan, 1850
Loan, 1853

do

100
100
100
1871
1871
1871
1872
1873
1873

150
150
150
150
150
150
53

1871
1871
1857
1857
1868
1866
1866
1866
1854
1865

dk

8. 1S75,

for #1,200.000, subject to lien of receiver's certificates. Sold asain October 4, 18TB, but purchaser
failed to comply.
Sold again Jan. 23, 1877. (V 23
p. S9, 68, 85, 134, 55S, 352, 450: V. 24, p. 18, 135,156!
369, 420; V. 25, p.

400

Albany

Susquehanna.— This road was leased for
150 years from 1870 to Delaware A Hudson Canal
Co., at 7 per cent per annum, on stock and bonds.
Important change in terms made in 1876. Consol.
mortgage is for $10,000,000, of which $3,450,000 is
to retire old bonds, and balance for a part of old
stock and to lessee for improvements, which ud to
April, 1876, were $1,078,672. (V. 28, p. 399,
495; V.
<ti

Alleghany Valley.— Tins road was embarrassed in
and compromised with creditors. Net earnings in 187". $1,293,934. Of income bonds, #2,''49 800 are held by individuals, and pay inteiest in cash;
#3,492,000 held by railroads draw interest in bonds
Abstract of operations in 1875 and 1876 in annual
reports, V. 22, p. 3i)2, and V. 24, p. 4B3.
Alexandria £ Frfdricksbura.— The Pennsylvania
1874,

Railroad holds $5i2,000 of the bonds and controls
the road.

Arkansas Central. - Most of the bonds were sold in
London, where $600 OOu of 2d mortgage bonds were
also hypothecated. Receiver appointed, March,
and sold in foreclosure J uly 26, 1877. (V. 22. n.1876,
874V. 28, p. 30i; V. 24, p. SIS, 420; V. 25, p. 143.)
Ashtabula, Youngstown dt Pitts.— It is leased
and
operated by Pennsylvania Co. at cost. Net earnings
paid to lessor, but lessee guarantees interest
on
3
for ** ve J,eare
8"*
Common stock,
,
itVao
preferred
- *400.000.
Net earnings, 1875J

™

-

$84W6

o&

ne

fi
$1,050,000.

'u*£' ,4? ;S n P<»d coupons to Jan., 1877
(V. 22, p.

39»;

V.

24, p.

100
500 Ac.

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

200 Ac.
200 Ac.

100

£100
1868
1864
1871
1853
1861
1864

1,000

£100
£100
£100
100
100 Ac.

588
52
30

442.)

1,000

100
100
100
1850
1853
1870
1855
1874-5

......!..!!..!"..*

Chattanooga—Boad sold May

500

1,000
1,000
Var'us Various
1869 100 Ac.

51
51

"

Alabama Central.— In default since January, 1878.
Negotiations pending for a new adjustment.
Alabama

1,000
1,000

1868
1869

'.'.'.'.'.'.".

Sterling mortgage

500 Ac.
500 Ac.
500 Ac.

Yob
1867

1870 .sterling, £800,000

Baltimore loan. 1855-90
Debentures, sterling

l.obb

346

it:

Atlantic, Miss,

1,000
1,000

411

$1,600,000
5,220,000
1,200,000
3,500,000
1,000,000
933,000
2,000,000
253,000
1,595,000
2,166,500
4,000,000
3,300,000
10,000,000
5,841,800
1,000,000
1,200,000
1,500,000
400,000
3,750,000
7,041,000
3,370,000
3,294,000
260,000
475,000
486,500
412,000
050,000
1,779,000

1872

£200
£100

A J. N. Y., Third Nat. Bank.
A J.
3ia J. A J. N. Y., B'k of Commerce.
7
J. A J. N.Y.,Del. AHud.Can.Co
6
M. A N.
do
do
A. A O.
do
do
7
do
do
M. A N.
7
A. A O.
do
do
7
7-30
A J. N. Y.,Winslow, L. ACo.
5
Jan'ary Harrisburg, Treasury.
7 or6g
A O. Philadelphia or London
A O.
Pittsburgh.
7
7
A D. Phila., Pcnn. RR.
8A'
& J. London A Amsterdam.
& O N. Y.. Wiuslow, L. A Co
7 g.
7
„. A J. Pittsburgh, Pcnn. Co.
8
M. & S.
Boston, at Office.
7g. J. A J. N. Y., G. OpdykeACo
V R. A. A O.
Boston.
V K- A. A O.
do
"
7
A J.
do
12
do
.. A J.
7
M. A N.
do
7g. J. A J.
do
do
V g. J. & J.
A
do
J.
J.
g8

8*

.

•

(!)

1,232,200
24,795,298
9,876,250
2,416,300
15,165,200
11,989,680
28,783,000
5,355,000
3,568,000
2,060,000
1,748,500
3,693.200
782,976
1,666,000
300,000

464,000
200,000
6,921,900
5,470,000
4,000.000
306,000
157,000
458,000
684,000
621,000
452,500
990,000
969,000
84,190
226,900
28,600
4,970,680
787,000
1,500,000
713,000
484,000
1,022,900
336,900
100,000
13,144,100
4,348,469
1,650,000
579,500
1,710,000
3.398,956
8,253,026
3,872,000
9,198,852

June, 1901

J.

7

AJ

Atlanta, Ga., atTrcas'y.

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

g
? s
I

% e
l e
B

-

l
7

J.

M.

A J

J.

7
7
7

M. AN,
M. AN,

'7'g-

'«'

7
8
8

6
C

6
8
8
8

3

I'6

A.
J.
J.
J.
J.
J.
J.
J.
J.
J.
J.

g.

3ia

6

7
5

3
5
6
G
6

6g.

Cg.

Topeka dt Santa Fe.—Net earnings, 1876,
see annual report, V. 24, p. 469. Interon $976,000 of the 2d consol. mor'gage
on the balance of that issue coupons
were funded to Oct., 1876, and were theu paid, half
in cash and half in ten-year scrip. Coupons, of Jan
1877, on notes of 1882, paid half in cash and half in
scrip due 1882. The
C. T.
W. is leased at 30
per cent of gross earnings, rising to 31 per cent in
1880 and thereafter. (V. 22, p. 282, 327,445:
28, p. 15, 353; V. 24, p. 466.)

A

V

Atlanta & Richmond Air Line — Sale in foreclosure
made December, 1876. Report of earnings. Ac. V
V. 23, p. 378, 575;•»••".
V. 24,

22, p. 1.35.
(V. 22, p. 589;
p. 180, 203, 369.)

Atlanta dt West Point.— Gross earnings, 1876-7,
$111,158; net earnings, $106,949. There are $88,000
(V. *«, p. 302; V. 35, p. 137.)

bonds outstanding.

Atlantic <f- Great Western.—This road was leased
to the Erie for 99 years from May 1, 1874, but the
lease did not go into effect.
Shortly after (in
July, 1874) default was made on its bonds. The
last annual
report, to
Dec. 81, 1876, will be
found in V. 24, p. 378. Proceedings looking to
re-organization are in progress, and a considerable
amount of securities has been deposited by holders with the London Committee. In July, 1877, £3
per bond was paid on the coupons of Jan., 1876, of
the leased line rental bonds of 1872. (V. 22, p. 181,
327,351; V. 21, p. 48, 110, 134, 159,338, 450, 599,
646; V. 24, p. 88, 156, 241, 345, 518; V. 25, p. 16.)
Atlantic <ft Gulf.— The Company also has $.334,000
of old sectional mort. b'fis outstanding; $500,000 10
per cent coupon notes; #45.000 Junction Branch RR.
bonds, and #02.500 Bainbridge Kxt. bonds. Net
earnings in 1876 were $852,913. Interest on consol
bonds due Jan. 1, 1877, was not paid, and receivers
were appointed In March. In New York, July 7,
$1,000,000 2d mortgage bonds, held as collateral,

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

O

July, 1888
Nov., 1895

1885
May, 1881
1, 1906

Oct.,

April

March 1, 1896
$100,000 y'rly.
Oct., 1901
1894
Juno 1, 1896
July, 1891
1901-

1904
Sept. 1, 1896
July, 1899
Oct. "1. 1900

1903
77,'78,'79

July
July

do
do

do
do

N. Y., First Nat. Bank.

LAP
do

N. Y., First Nat.

Bank

J

J
J

O
J

Aug.

1877

1,

1876
1902
1902
Nov., 1902
Jan,, 1902
Jan., 1903
July 1, 1876
Oct. 1,
Jan.,
Sept.,

1897
1879
1, 1888
May 1, 1889
1,

1901

Jan. 1,
Jan. 1,
July 1,
Jan. 1,
Jan. 1,
Jan. 1,

1877
1877
1893

Oct.

July

'

'

'

84-"90
84-'90
86-'90

1,
1,
1,
1,

Men.
Jan.

July

1884
1900
1875
1880

1877
1877
1886
Rw Oct. 1, 1884
Oct. 1, 1891
Nov. 1, 1878
do
do
June, 1877
Savannah.
Phila., Farm. A M. Bank Julv 1, 1881
July
1, 1884
do
do
May 1, 1877
Baltimore Office.
Bank
Jan.
1, 1877
Bait.. Merchants'
April 17, 1875
Baltimore Office.
1880
Bait., Merchants' Bank.
Feb.,

Portland.
8, London, Gr. Trunk
Portland.
N.
O. London, Gr. Trunk
do
do
N.

N"

1, 1902
1, 1905
1905

Nov.

do
do
do
do
do
do
do
do
do
do
do
do
do
Lynchburg Office.

N
D

A'82

July,

N. Y., Perkins, L. A Post

N. Y., Perkins,

A

1877

1,

Savannah.

3*2

7

1889

Jan.,

July

•'

Atchison,
$1 311,09!;
est is paid
bonds, but

K

J.
J.

Bw. Mar.

15,

May

Baltimore Office.
London.
Baltimore Office.
J London, Naylor A Co
London.
S..

O'

8'

J'

2,

1

B88

1895
1890
1878 A 1880
Mch. 1, 1902

were sold at auction at 5X@6¥. (V. 22,
V. 24, p. 39, 181, 203, 368 ; V. 25, p. 57.)

p.

469*

Ohio. — Ot.

the stock
Atlantic, WsHssippi <£
$5,845,700 is common. $800,000 preferred, and $276,itself
holds
the company
guaranteed;
200
the preferred,
$3,441,200 of the common, all
Gross
earnstock.
and $165,700 of the guaranteed
ings year ending September 30, 1876. $1,742,251;
There
earnings,
$540,533.
expenses, $1,401,712; net
was a decrease of gross revenue by $40,20*2.
and a decrease of net revenue of $182,967. The
company funded one coupon on old bonds,

subsequent
coupc«i6
1874, hut paid
In October, 1875. in London, the company
then
due,
whole
coupon
to
fund
proposal
made a
on consol. bonds, and four-sevenths of coupons due
up to 1881, paying three per cent cash on coupons
A bill to foreclose
till 1881, and balance, if earned.
the consolidated mortgage was filed by the trustees
thereof, at Richmond, Va., March, 1876, and in
June receivers were appointed. Extract from President Mahone's circular to bondholders, showing the
financial condition, is given in the Ciieonicle. V.
(V. 22, p. 567. 589; V. 88, p. 62, 85, 232,
22, p. 280.
255, 878, 352, 402, 427, 499; V. 24, p. 203, 2*6.)
January,
in part.

Atlantic dt St. Lawrence.—Leased for 999 years,
from July, 1858, to Grand Truuk Railway of
Canada. Annual rent, 6 per cent on bonds and
Btock.

Augusta

dk

to Central of Georhas surplus fund of

Savannah.— Leased

gia for $73,000 per

annum

;

about $50,000.

Bald Eagle Valley.— Leased to Pennsylvania Railroad at 40 per cent of gross receipts. Tho Pennsylvania Railroad holds all the 2d mortga-ra bonds.
Baltimore A Ohio.— The annual report for 1875-6
in the Chronici.b, V. 23, p. !;24. The
gross earnings of the "Main Stem," Ac, and financial condition of B.
O. Co. for four years were
as follows

was published

A

Aocicbt

RAILROAD STOCKS AND DOND8.

1877]

2T>,

Mubscrlbers will ronler
in

For

on

favor by giving Immediate notice of any error discovered In

jrreat

SCRIPTION.

column

oxplaiiatioii of

llrst

.nlings,
of tables.
In

page

Ac, 800 notes

sinking fund
Kit (puyuble*40,000y'ly)
$5,000,000)
mortgage, S.V. *."»
Northwestern Virginia,
//..
..
Bet/l
1st mortgage for $
Baltimore if Potomac— lit mint (tunnel) gold
.',

Pn

of

par
Value.

Road. Bonds

421

I

Bclliri/lc.t South.

III.

Isl

--'.I

-

i

I

(do

do

rricultural

Branch

Boston, Concord it Man treat— Preferred stock
in. stock (for old dividends A newstook)
<

Sinking fund bonds
lUdated mortgage bonds (for $2,000,000)....

—

Boston <C Lowell Stock
Mystic wbarf purchase bonds

Bonds

a

bonds

Boston it Maine—.Stock
Bonds, coupon and registered
Boston it Xetr York A ir-Line— 1st mortgage
Boston it Providence— Stock
Bonds to purchase branches, coupon or registered
Byff.JBrad.<t ruts. -Gen, M..<incl. 10,000 ac. I'd...
Buffalo, New York t£ Eric Stock
1st mortgage bonds
New mortgage (for $2,380,000)
Buffalo, X. 1. if Philadelphia— lstmort., gold

—

2d mortgage

(for $1,000,000)

Burtlni/tiin, 0. Ilapidsd- Northern—1st mortgage .
Burl.it Mo.ftir.— 1st M. on r'dA 100.000 ac'sl'd I
Bonds, conv. into c. B. A- Q. st'k (3d series). § bo
Income irds, conv. C. B. Q. st'k (4th ser.) \ B„£
1st mortgage, oonv. do. on branch (5th ser.) S 9
Convertible bonds, C. B.
Q. st'k (6th ser.) J o-°

£

A

A

it Mo. in Xeb.— 1st M., conv., laud gr..
) Coup
Bonds, convertible till Jan., 1882
S may
Omaha A 8. W., 1st mortgage, guar
) be rg.
Burt. it Southwest. 1st mort., cp., may be reg.. ..
Cairo it St. Louis— 1st mortgage
Cairoit Yineennes— 1st mortgage, gold
California Pacific—1st mortgage, gold
2(1 mortgage, endorsed by Central Pacino
3d mort., guar, by C. P. ($1,000,000 are 3 p. o.)
Camden it Atlantic—Stock ($838,150 of it pref.)...
1st mortgage (extended 20 years in 1873)
2d mortgage

Burl,

—

Camden it llurlinijton Co.— 1st mortgage
Canada Southern—1st M., gold, s. f., ep. A

reg

Tol., Can. 8. & Det., 1st mortgage
Carolina Central 1st mortgage, gold, coupon.

—

..

Income bonds, coupon

Cayuga— 1 st mort gage,

gold
Catawissa Common stock
New preferred stock
Old preferred stock
1st mortgage bonds
Chattel mortgage bonds

—

New mortgage
Cayuga it Susquehanna—Stock
Cedar Palls if Minn. — Bonds on 1st div. sink. fund.
Bonds on 2d division, sinking fund
Cedar Rapids it Missouri— Common stock
Preferred stock, 7 per cent
1st mortgage
do
do
,
Net

Stock and

Earnings.

Earnings.

Debt.

$9,632,361

$(,815,554
4,332,206
5,018,060
4,934.796

Gross

ST.".

lS(i(i

1*54

1857
1876

$47,311,498
II), '.14,178
47,178,134
11,693,955
45,876,927
11,188,844
38,567,899
The gross earnings of the main and all leased lines
in 1875-76 were $15,031,235, and net earnings,
$5,421,379, including earnings of Pittsburgh Division Tor nine months. (V. 23, p. 302, 378, 524; V.
24, p. 88, 816, 542, 614; V. 25. p. 62. 107.)
Bait. dt Ohio dt Chic— This is the Bait. A Ohio
Chicago connection. The mortgage was made in
1877.

Amount
Outstanding

Og. M.

$9,578,000
1,000,000
2,OOO.ooo
1

6

.1.

10.000

J.

BOO
500
l.OOO

1,500,000
8,000,000
1,138,000
1,100,000
109,500
745,000
1,200,000

If
8

a
6
7

600,000
20,129,282
5,000,000
1875
2,000.000
2,570.100
211
1854
Lobo
400,000
43 '69-'70 1,000
799,800
l.ooo
S7O.0O0
,61-"'74 500 Ac
571,500
100
100
800,000
100
1,000,000
1 *.-,.*
100 Ac
624,000
160 1873 100 Ac
1,387,500
113
500
3,250,000
200,000
1872
999,500
1876
750,000
143
100
6,921,274
1873-4 500 Ac
3,400,506
"52
1875
1,000
500,000
4,000,000
63
100
1873
500,000
"26
l'.obb
580,000
142
100
950,000
140 1857
1,000
1,922,000
140 1876
1,000
458,000
121 1871 500 Ac
2,582,000
121 1873
805,500
367 1876 100 Ac
6,500,000
281 1863
50 Ac
4,638,250
1868 500 Ac
298,500
1869 500 Ac
2*9,500
40 1869 500 Ac
2*0,000
1870 500 Ac
401,000
1869 500 Ac
ib'i
5,715,000
1873 500 Ac
600,000
49 1872
1,000
1,034,000
105 1S70
1,000 20,000 p. m.
150 1871
2,500,000
156 1871
l'.OOO
3,500,000
139 1869
1,000
2,250,000
139 1871
1,000
1,600,000
139 1875
500
3,000,000
60
50
1,215,550
60 1853
1,000
490,000
60 1855
1,000
500,000
31
1867 500 Ac.
350,000
291 1870
1,000
9,000,000
1,500,000
242 1873
1,000
3,000,000
242 1874
1,000
3,000,000
40 1871
1,000
800,000
100
1,159,500
50
1,000,000
"50
100
2,200,000
65
1,000
230,500
1,000
209,850
100 1*72
1,000
1,300,000
100
589,110
14 1864 500 Ac.
198,000
61
1866 500 Ac.
1,334,000
274
100
6,850,400
128
769,600
100
700,000
70 1861 500 Ac.
582,000
58 1863 500 Ac.
146 1866 500 Ac.
2,332,000

1*

UK)
1,000
1,000

4

7
6
"e"

7
8

6

A7
3

"e"

Oil

6A7

Balthuoii

.1

A" J

Bait.,

When

BO!

Doe,

Btorkt-lMH
Dividend.

1910
1870-1900

.

London.
Mcch's Nat. Bank

Baltimore or London.
do
do
Baltimore.
N. Y.. Russell Sage.
Philadelphia.

188S

Boston Office.
do
do
Boston Office.
Boston, Boston N. Bank
do
do
do
do
Boston, Suffolk N.

A" J.

Bunk

Boston

Office.

Boston
do

Office.

A O.
do
A J.
Boston, at Office.
A. A O.
6
do
do
A. A O
7
do
do
J. A J
6
do
do
2
M. A N.
Boston, at Office.
7
J. A J.
do
do
F. A A.
7
New York.
M. A N.
3
Bosttin, at Office.
7
J. A J.
do
do
7
J. A J.
New York, Erie RR.
F. A A.
N. Y., Erie Railway.
3>a
7
J. A D.
do
do
J. A D.
do
I g J. A J N. Y., Farm. L. do
A T. Co
6 g10
J. A J.
do
do
J. AD.
5
New York.
A. A O Boston and New York.
7
J. A J. Boston, by Treasurer.
8
A. A O. Boston and New York.
8
J. A J.
do
do
8
8
J. A J.
do
do
J. A J
8
Boston Office.
J. A J.
8
do
do
8
J. A D.
M. A N.
Boston, Co's Office.
8
A. A O.
7
A. A O. New York and London
7 g. J. A J N. Y., Nat'l Park Bank
do
do
6g. J. A J.
New York.
3 A 6 I. A J.
Camden, Co.'s Office.
2
Q.-J.
J. A J. Phila., Farm. A M. B'k
do
do
I* A. A O.
F. A A. Phila. and Mt. Holly.
6
J. A J. N. Y., Union Trust Co.
J. A J.
I- J. A J. N. Y. Office, 4 Broad st
A. A O.
do
do
New York.
7g. J. A D.
-

m.'a'n.
M. A N.

3i<j

do
do

F.
F.
F.

"7"
4»2

7
7
1
2*9

7

7
7

$8,588,750.
A report of company's operations. Ac,
to Jan. 1, 1676, has not been published, but wo

Philadelphia.

A A.
Philadelphia.
A A.
A A.
do
J. A J. New York. 44 South St.
A. A O. N.Y.J. S. Kennedy A Co
do
do
J. A J.
Boston, Treasurer.
Q.-F.
F. A A.
do
do
F. A A. N. Y., Nat'l Park Bank
F. A A.
do
do
M. A N.
do
do

7

1,

1911

April 1, 1911
Jan. 1, 1915
Oct. 1, 1898

1885
1887

do

J.

"313

July

Treasurer, Trcnton.N. J Jon. 1, 1910
Boston, Klaacr, P. A Co .Inly 10,1877

A.

3

Boston, Concord dk Montreal.—Gross earnings tt r
the year ending with Mnrch, 1377, were $649,307
net earnings, $191,930. There are also *76,000 old
bonds dueln 1865, and $350,000 due in 1875. (V. 22,
p. 565; V. 24, p. 516.)
Boston it Lowell.—Operated with the Nashua A
Lowell, which receives 31 per cent. (V. 23, p. 600;
V. 25, p. 16.)
Boston dt Maine.--Net income, 1875-6, $846,653,
against $790,753 In '74-5. Pools earn'gs from competing^points with Easfn. (V.22.p.S80; V.21,p. 500.)
Boston it N. Y. Air Line.— Formerly N. Haven
Middletown A Wil. Road cost about $8,000,000,
represented now by $3,000,000 preferred stock and
$1,000,000 common. (V. 22. p. 567; V. 24, p. 5 89.)
Boston dt Providence.— The bonds and also $9 J4.000
notes have been Issued for purchase of branch
roads. Total income, 1875-6, $1,167,759; net, over
operating expenses, $317,286.
(V. 21, p. 569; V.

—

'

London.

N.

A J.
A. A O
J. A J.
A. A O
M. A 8
F. A A.
J. A J.
Q
M. A N.
F. A A
J. A J
M. A N.
J. A J
J. A J.
A. A O.
J. A J
M. A N.
J.

May

15,

Feb.

July

1,
1,

1877
1892
1895

July

1,

1884

A

'90
1889
81, '82, '83, '85
July, 1881A94

May 14.1877

1**0
1893
1, 1875
Oct. 1, 1879
April 1, 1892
July 1, 1896
May 15, 1877
Jan. 1, 1893
Aug. 1,1895
May 15, 1877
July 1, 1893
Jan. 1, 1896
June 11, 1877
Deo. 1, 1877
Juno 1, 1916
July 1, 1896
July 1, 1893
Sept. 1, 1906
Oct. 1, 1893
July 1, 1878
April 1, 1879
July 1, 1894
July 1, 1889
July 1, 1894
Jan. 1, 1883
June 1, 1896
May 1, 1895
Oct. 2, 1901
Oct., 1909
Jan. 1, 1889
1891
July. 1905
Jan. 15, 1877
Jan., 1893
Oct., 1879
1897
Jan. 1, 1906
Jan.

July

1, 1923
1, 1914
1901

April

May
May

16,

Feb.

1,

15,

1877
1877
1882

1888 to '89
Feb. 1, 1900
July 2, 1877
April 30, 1884
Jan. 2, 1907

1877
1877
1891
1894
May, 1916

Aug.
Aug.
Aug.
Aug.

1,
1,
1,
1,

have the earnings in 1875 as

$723,843, and expenses,
total land sales np to Jan. 1, 1876,
to 733,464 acres for $a,335,675, after deductions for dead contracts. tV.42,p.471 ; V. 23,p.l59.)
Burlingta <t Southwestern.— Defaulted Nov., 1873.
Foreclosure in progress. (V. 21, p. 159, 441.)
Cairn eb St. Louis.— Defaulted in 1873 by failure
to receive town and county bonds. Road completed
February, 1^75. (V. 21, p. 31, 441: V. 22. p, 3«.)
Cairo it Vincennee.— Defaulted In 1874. In hands
of receiver. (V. 21, p. 63, 302; V. 22, p. 448.)
California Pacific. -Gross earnings, '76, $1,296,521;
expenses, $1,066,872. Extension bonds of $3,500,000
and incomes of $1,000,000 were In default, and the
new bonds guaranteed by Cent. Pacific wero Issued
in place thereof. (V. 23, p. 62; V. 24, p. 274, 4*8. (OS.)
Camden it Atlantic.— Vet earnings, 1876, $266,972.
Camden db Burlington Co.— Leased t> United
Companies, at 6 per cent on $332,000 stock.

$351,643.

The

amounted

—

Canada Southern. Defaulted January, 1814, and
interest not paid July, 1875.
In January, 1876, passed into N. Y. Central control,
and there seems to be tome uncertainty whether
interest is to be resumed toon. (V. II, p. 159; V.
22, p. 16, 399, 567; V. 24, p. 542.)
Carolina Central.— Receiver appointed December,
1878. Passed interest January, 1876. (V. 28 p. 622.)
Cayuga. The Cayuga Lake road was sold under
second mortgage, and this Co. organized. Mortg
trustees took possession May, 1877. (V. 24, p. 494;
V. 25, p. 161.)
Catawissa.— Leased to Phila. A Read., Oct., 1872,
New preferred stock dividend to be 7 per cent
coupons funded, but

—

In 1875-6 and afterwad. (V. 20. p. 881.)
Cayuga db Susquehanna.— Leased in perpetuity to
Dels. Lack. A West. Dividends, 9 per year.
Cedar Falls ch Minnesota. Leased to Dubuque
Sioux City, and sublet to Illinois Central at $1,500
per mile yearly, and a per cent of all earnings over
$1,500 per mile.

—

;

i>.
'

A

J.

,

Railroads. (V. 22. p. 471, 521, 544; V. 23,
V.24,p. 13-1,518.)

A

»'r

pal,
l.y

1

l.OOO
1,000
1,000
1,000

Baltimore it Potomac— This is the line of the
Penn. Railroad from Baltimore to Washing'on. The
bonds are guaranteed by Penn. RR. and Northern
Cent. Last reports V. 22, p. S88 V. 24. p. 5 »3.
Belleville dt Southern/llinois.—Le&eed and operated
33. p. 547.)
by St. L. Alt. A T. H. Co. on a percentage of grau
Buffalo, Bradford it Pittsburgh— Under perpetual
earnings. Gross earn "gs,'76, $246,673. (V.24, p.29>7.) lease to Ei ie at $40,6 >0 pir year.
Belcidsre Delaware.— Stock Is $995,150. Leased to
Buffalo, New York it Erie.—Leased to Erie in
I'uited Co.'s of N.J and lease assigned to Penn. RR. 186;!, for 490 years, at 7 per cent on stock and Interest
Net earnings go to lessor. In 1876 net earnings of B. and sinking fund on bonds. The new bonds are to
D. were $217,033. against $416,367 in 1874. Floating take up the old, maturing Dec, 1877. (V. 23, p. 646;
V. 24, p. 346; V. 25, p. 16.)
debt, $199,576. (V. 20, p. 488.)
Buffalo, New York <t PMlaiUlphia.—This is the
Berkshire.— Leased to Honsatonic, at 7 per cent
connecting line of the Philadelphia A Eric with
per year on stock.
Buffalo. In 1874 the net earnings were $186,843.
Boston dt Albany.— The Boston A Albany is the
Burlington, Cedar Rapids it Northern.— Sale in
main western trunk line of New England. In past
foreclosure was made Jnne 22. 1876, and Co. reorthree years the following has been its exhibit:
The stock is for *10,00 1,001, «.f which
tsnised.
Gross
Net
Total Stock
5.500.033 has been issued. (V.32. p. 350, 371, 495,
Earnings.
Earnings.
and Debt
567; V. 2!. p. 15, 868, 378; V. 24, p. 518.)
187W
$7,074,758
$1.391, :6«
$s7,U9,281
Burlington it Missouri River.— An agreement of
1874 5
7,631,139
2,162,147
28,47S,282
consolidation and a perpetual lease to Chicago, Bur.
1873 4 .... 8,963,128
2,111.916
25,422,101)
A
Qulncy, was made in Oct., 1572. In August, 1675.
(V. 21. !>. 4 04; V. 23, p. 471 V. 24, p. 2)1.)
stock of Chic. Burl. A Q. was issued In pluce of
Boston, Clinton. FUcldrurg A New Bedford.— stock of this C... and for convertible bonds. Annual
This was a consolidation in May, 18,"6. of the report V. 20, p. 33 5. (V. 20. p. 139; V. 22, p. 67.)
Boston, Clinton A Fitchburg and the New Bedford
Burlington <t Vlssourl in Nebraska. The stock Is
;

Iheu Tables.

INTEREST OR 1)1 VIDKNDH.
Rate per When Where Payable and
Cent.
Pay'ble
Whom.

100

1871-:

Mortgage bonda 1 SG9-70
Equipment notes
H, Bedford RaUroad bonds ($400,000 are 7s)

New

1

31

coupon or registered
Clinton d FiicMurg .< Yeie Bedford— Stock

.

s.-.r.

IS71
1871

270

of l*7~>,

in

92 >4
50
07

|

t

MOO
$....

1*77

92 »4

Boston if Albany— Slock
Dollar loan

Loan

i

.

M., siuk'gfund, guar...
(guar. bye. A A.)

BeJrMers Del.
M. iiMsoi IISS
3d mortgage bonds of 1857
Oonaol. mortgage of l-<7t>
Berkih jy .s oi k

1874
1878

1877

.

1st in
old, (main line)
2d mortgage, Income, main Hue and tunnel

1875-6
1874-5
1873-4
1872-3

Slzo or

of

miii-llsv.

M

1st

Date

tntinuedj —

Haiti

XT

1

A

Cedar Rapids it Missouri.— Leased to Chicago A
Northwestern at $700 of fiist $1,500 gross earnings
per mile; one-third of the next $3,000 per mile, and
one-fifth of all above that. (V. 2.', p. 183.)

.

-..:

'.

.

RAILROAD STOCKS AND BONDS.

xvi

*

.

[August

25, 1877.

error dl.coverc d In the.e Table*.
favor by glTlng immedia te notice of any
Subscrib er* will confer a great
INTEREST OR DIVIDENDS.
L^\V ten D°!e
DESCRIPTIONMiles Date Size, or
Amount Rate per When Whore payable, and by Slocks— Last
par
of
Dividend.
of
see notes
Outstanding
Whom.
Payable
c,-nt_
explanation of column headings, Ace,
Value.
'

i

|

For

^

on

first

page of

Road. Bonds

tables.

$100

295
615

2d mortgage,
Central of

gold.

231
231
291

* 4,000 per mile

New Jersey- btock

7-1

:::::::::
B^d^o^%-Noy:,i8^i^^
6
mortgage (for $2.5,000,000)

1,000

1872
1870
1869
1871

"97

Consolidated
("blanket )
New general mortgage1st
mortgage
Newark Ac New York,
Co., lstmort. guar
Wtt£s»barreCoal
T^uX<r
Consol m., coup. guar.
do
do
Am.Doc.kAcImp.Co. bonds, guar. Cout.of N. J
Central Ohio— Common stock
Preferred stock

500

Arc.

1,000

100
1,000
1,000
1,000

1869
1872
1874
1876
1867
1874
1875

Savannah, Ga.
Ac Savannah.
Savannah, Ga.
New York, Office.
do
do
New York, at office.
do
do
do
do
do
do
do
do
do
do
London.
N.Y.— Cent. RR. of N. J
do
do

$7,500,000
3,222,000
117,000
3,700,000
925,000
20,600,000
5,000,000
4,400,000
15,000,000
:'..'J7S,ooo

600,000
1,680.000
11,500,000
1,000
3.000,000
1,000
2,437,950
50
137
411,550
50
137
2,500,000
1,000
137
54,275,500
100
1st mortgage bonds
1213
25,883,000
Central Pacific— Stock
742 1865-8 1,000
1,500,000
1,000
50 1864
1,483,000
138 1S62
6,080.000
1,000
1870
Branch, gold 146
25,885,000
1st mortgage on San Joaquin Valley
742
on certain terms)...
2,616,000
U 8. Loan, (2d lieu
1,000
1869
158
1,970,000
Western Pacific., 1st mortgage, gold
123
-Government lien
do
6,000,000
1,000
1868
152
gold Jgjarby G.P.).
2,000,000
Cal. & Oregon, 1st mortgage,
1,000
1872
152
$7.200,000 K.)..
500.000
C P. bonds. M. on C Ac O Br.
1,000
1870
20
($l,oOO,OOU)
9,276,000
San Francisco O. & A., 1st mortgage
1,000
1870
-...•
193,500
Land bonds on 11,722,400 acres ........
85
(C. Ac A.).
1,806,500
Charlotte Columbia <£ Augusta— 1st m.
195 1869
consolidated
500,000
do
1,000
195 1872
500,000
2d Mortgage......
1,000
23 1871
-•-•-'li300,000
Chartiert— 1st mortgage. . . .. ... -.-.-• - convert.
&c
500
21 1869
15,898.401
Cherry Vallcu Shar. <t AJ.-lst mort.,
427
15,000,000
Chesapeake <* Ohio— stock. .---•••
lOOftc.
427 1869
- - gold
5,426,000
1 st mortgage sinking fund
1,000
1872
coup, or regd.
66,000
1st Sort? cStcn. (2d on 427 miles)
1,000
1872
mortgage
....
2d
into
convertible
100,000
Debentures
Va
by
guaranteed
902,000
1 M, mortgage, (Va. Cent. R. R.,)
coupon
do.
do.
anmOTteaea.
300,000
coup.
160,500
Income mortgage, (Virginia Central R. R.,)
bonds
coupon
Funded interest,
1,220,331
1874
Income bonds (for funding)
2,153,300
100
61
Cheshire— Stock, preferred
787,900
500 Ace
Bonds, not mortgage
500,000
21
"s
mortgage.
Chester Valley— 1st
10,065,300
'ioo
619
Chicago <C ifton-Commoii stock
2,425,400
j-yiV,
100
649
Preferred sfck (7 p. c, y'rly not cumulative)
4,379,850
1,000
322 1873
General mortgage* sterling, for £900,000
2,383,000
1,000
220 1863
•
1st mortgage
Ace
1 ,087,000
500
1862
220
Income bonds (a 1 st lien on income)
1,500,000
100
38
,--•----;•:••Joliet & Chicago, 7 per cent, stock.
336,000
1,000
1857
38
....
1st mortgage, sinking fund
do
do
2,365,000
1,000
150 1864
mortgage. .... .. ...... St. Louis Jack. Ac Ch., 1st
564,000
1,000
1864
37
lstmort. guar, by C.Ac A.,
do
do
188,000
1,000
37 1868
2d mort. guar, by C.Ac A..
do
do
360.000
1,000
1868
150
2dmortgage
do
do
2,120,000
1,000
101 1870
- - ..
Louisiana & Missouri, 1st mortgage
700,000
.
Chicago & 111. Riv., 1st mortgage, guaranteed.
ioo 27,598,242
825
Ohicago, Burlington <£ Qaincy-ftocM
2,719,000
1,000
1858
466
1st mortgage, sinking fund, (trust)
10,433,000
Vflj,
1,000
825 1873
Consolidated mortgage coupon, (for $30,000,000)
891,000
100
Northern Cross R. R. 2d. mortgage, gold
667,000
96
Peoria)
to
(Burlington
Trust mortgage
1,918,475
1,000
1872
Plain bonds (coupon or registered)
448,000
1,000
1875
year)
per
fund
$13,860
Bonds of 1875, (sinking
266,000
32 1869 500 Ace
Carthage & Burlington, 1st mort.
563,500
*C
500
1869
40
lstm...
Hannibal,
Dixon Peoria &
386.000
868
1,000
1
51
Coupon,
American Central, 1st mortgage..
277,000
1,000
31
1868
be
may
but
mort
Peoria & Hannibal, 1st
1,079,000
1,000
1870
70
registered.
Ottawa, Oswego Ac Fox Riv., 1st
900,500
Ace
500
1870
44
mort
Illinois Grand Trunk, 1st
725,000
1,000
40 1870
Quincy Ac Warsaw, 1st mortgage ..
318,000
Aic.
500
1869
43
be
reg.)
may
but
(Coup.,
Keokuk & St. P., 1st M.
1,000
1875
Albia Knoxville & Des Moines, 1st mortgage
2,200,000
1,000
1876
uud)
f
(sink,
Chic.
Bonds for St. L. R. I. &
2,500,000
1,000
1872
Chicago it Canada Southern—1st mort., gold
1,000,000
1867 500 Ace
78
Chicago, Cincinnati <t Louisville—1st niort

500

&c.

£200

M.
A.
J.
.1.

J.

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

N.Y.,M.K.JCSup,P.AcCo,

do

M.'&N

N. Y.; Fisk

do
do

A

V

1874...
1878...
1674 ..
1675...
1876...

,

.

.

Receipts.

Expenses.

$7,120,718

$4,235,806
4,215.581

8,881,366
8,549,031
7.411,637
6,946,000

4,140,601
4,188,7<7
3,681,000

Net

earn'gs.

•

8
8

$2,883,912
4,665,782
4,449,0!0
8,281.910
3,262,000

525, 615;
615;
p. 326, 613; V. 23, p. 61, 829, 353, 525.
V. 24. p. 63, 111, 135, 156. 204, 226. 249, 274,275,
63.)
V.
p.
604
25,
590,
899, 396, 430, 445, 494, 517,

(V 22

A
g.

7

A
.1.

Central

Ohio— Leased

to Bait.

&

Ohio RR. in 1866

471; V. 24, p. 62.)

Char'Ure.— Leased to Pitts. Cln. ft St. Lords, and
operated by Penn. Co. Net earnings go to lessor—
in 1876, $44,231. (V. 22, p. 51»; V. 24, p. 419.)
Cherry Volley, Bhar. <t ^.-Transferred to Delaware ft Hudson Canal Co., April, 18,5 Interest
unpaid in December, 1875. (V. 20, p- 404.)
deeh OAio.-After the panic of 1873,_
interest. Net earnings in 18,o ,6.
lteceivcr appointed October. 18,5, ana
foreclosure proceedings are in progress for the
very complete
purposes of re-organization.
statement of outstanding liabilities and the plan
Deof re-organization are given In V. 21, P. 569.
1677.
cree of foreclosure was rendered in March.
"
(V.22, p. 42. 87. 134, SSH, 375. 392, 589; V. 23,

Chesapeake

was made on

$156,476.

A

p.

HI,

525;

V.

24, p.

62,

299, 320.)

Cheshire.-flet income, 1875-76, $124,841.
p. 590; V. 23, p. 548.)

AAc
Ac
Ac

.1.

5

7

4

fault

Nov.. 1899

July 1, 1902
Julyl.'77to'92

Y.,

Am.

do
do
do

|

Augusta—Stock is *S.S7B.Charlotte, Columbia
000. Net earnings in the year ending September 30,
previous year.
1876, $203,327, against $230,004 the
Floating debt retired May, 1876. (\ . 21, p. 590; V.
134,

Hatch,
do
do
Exch. Bk.
A:

do
do
do

m

22, p.

do

1880
1884
1876
8
1877
8
1S93
7
Jan.
15, 1877
Boston.
Ac J.
1
1880 Ac 1896
do
Ac J.
6
1872
May,
Philadelphia.
M. Ac N.
7
Sept. 4, 1877
3h M.Ac 8. N.Y.,M.K.Jesup.P.AcCo.
1877
4,
Sept.
do
do
3>2
M. Ac 8.
1, 1903
6g. J. & J. Londn.J.S.Morgan&Co July
1893
Jan.,
J. & J. N.Y.,M.K.Jesup.P.Ac Co.
7
Jan., 1883
do
do
A. Ac O.
7
July, 1877
1"4
Q.-J.
N. Y. U. S. Trust Co.
July, 1882
Co.
N.Y.,M.K.Jcsup.P.Ac
J. & J.
8
1894
April.
do
do
A. Ac O
7
1.1894
April
do
do
A. & O.
7
1898
July.
do
do
J. & J.
7
Julv. 1898
do
do
J. Ac J
7
Aug., 1900
do
do
F. & A.
7
7
M. ft 8. N.Y., Bk. of Commerce Sept. 15.1877
4
Jan. 1, 1883
do
do
J. ft J.
8
July 1, 1903
Boston office.
J. Ac J.
7
July 1, 1890
Frankfort.
4 £ J. & J.
1, 1890
A. & O. N.Y..N. Bk. of Coni'rce. Oct.
7
Jan. 1. 1896
office.
Co.'s
Boston.
J. Ac J.
7
June 1, 1895
Boston, Co.'s Office
5
J. Ac D.
May, 1879
M. Ac N. N.Y..N. Bk. of Com'rce.
July, 1889
do
do
.1.
& J.
8
Julv, 1878
do
do
,r.
Ac J.
8
1878
.!.
& J. N.Y.,N.B'k of Comni'rce Julv.
8
Julv. 1900
Boston.
.1.
Ac J. New Y'ork and
8
Oct., 1890
Boston.
0.
\.
Ac
8
Julv, 1890
Ac J. New York and Boston.
.1.
8
April, 1879
Boston.
A Ac O.

N

6

Central Pacific.- An abstract of the annual rereport, also
port for 1875. including the land agent s
eross and net earnings to June 80, 1876, was mven
eaminzs.
fn the Chronicle, V. 23, p. 4,46. Gross
V. 2!, p. 353, 1876, $18,146,944, currency; expenses, $8,182,074,
21, P. 372, 417; V. 21, p. 304;
The policy of making
net earnings, $9,414,669.
488.)
in 18,5.
8 per cent dividends yearly was declared
564 of the land
foreclosure, July IS, Trustees of land mortgage purchased
Central of /owa.-Sold
V. ».
159,
488;
p.
21,
1«76.
(V.
\. grant bonds in July.
Ill), 495
1677, under 1st mortgage. (V. 22 p.
20,,
p. 61. 233. 352,471, 521. 545, 613; V. 23, p. 86,
561; V.2>,p.62.)
23, p. 159, 487; V.24, p. 135,
Ill,
157.)
379,426; V. 24, p.

V

.

1, 1890
1890
1895

A.Ac'o. Philadelphia, Penn R.R. Oct. 1, 1901
1899
J. AcD. N. Y., Metropolitan Bk. Dec. 15,

receipts for 5
for 21 years, rent 35 per cent of gross
years, and 40 after. Pays 6 per cent dividends.

Central of New Jersey.-^ report. In brief, for 1870,
gave gross earnings of $8,946,000; net, $3,202.1X10.
In September, 1876, a statement was issned (see
23 p. 218) giving general financial condition. Ace,
and
in reference to new "blanket" mortgage;
finally ihe statement of President and Investigating committee in Feb., 1877, (V. 24, p. 135, 156): and
report of Committee comol. mortgage bondholdfull report on Lehigh Ac
84, p. 494.
ers
Wiikesbarrc Coal Co. is given In V. 25, p. 63.
The Cent, of N.J. also assumes $2,310,000 of Lehigh
Coal & Navigation Company's debt and $2(5,793
of the Railroad Car Trust Company. The American Dock Ac Impr. Co. has made a mortgage for
$1 000,000 to cover its bonds and other debts. The
following tabic shows the receipts, expenses and net
earnings, including Lehigh A; Susquehanna Division

Oct,

do

do

Ac O.
Ac J.
ft J.

J.
J.

|

Central Railroad A Bank, Go.— Leases several
purroads, and guarantees bonds. In April, 1875.
chased one-naif interest in Western Railroad or
"tripartite
The
Matrama at foreclosure sale.
bonds are issued jointly by this Company, the Macon
Gross earnings year
As West., and Southwestern.
ending Sept 1, 1676. £2,601.542; net, $983 ,511. (V.

1. 1899
1886
1887
Feb. 1, 1899
June 1, 1900

D. Bait., iitB. A; O. office. July 31, 1877
Julv 31, 1877
do
do
.
D.
Sept., 1890
At S. Bait,, West. Natl. Bank.
April. 1877
Francisco,
San
Ac
N.
Y.
& O.
1895 to '98
& J. N. Y., Fisk ft Hatch. July
1884
* J Sncram'o State Treas. Jan. 1,
1, 1883
& J. N. Y., E. Kelly Ac Co.
1900
1,
Oct.
Hatch.
Fisk
Y.,
ft
A: O
N.
1895 to '98
U. 8. Treasury.
A J.
1899
1,
July
Hatch.
Fisk
A:
Y„
& J N.
1899
U. S. Treasury.
1888
Jan.
1,
Hatch.
Fisk
Ac
'aTj. N. Y.,
Jan. 1, 1892
do
do
& j.
1890
1,
July
do
•do
& j.

A.

'

m

1890
Nov., 1902

July

&

.

-^ —

1880

Oct.,

Julv 15, 1899
April 15; 190X
April 10, 1876

At

-

.

June. 1874
Jan. 1, 1893

New York

(V.21,

.1.

Boston.
O.
O. N. Y., Union Trust Co.
J. N. Y., Farm. L. Ac T. Co.

Oct. 1,' 1901
April 1, 1902
Jan.. 1887

ancTleased
Chesttr Valley.-ln hands of trustees
Reading. Coupons dne 1860, paid
to Philadelphia

&

May,

1876.

'given at
Chicago <t Altw-The report for 1876 is
gross earnings of
length in V.24, p. 224, and shows
against
*
"580 588 and net earning of $2,691,06

*

S'.lS'in

Joliet Ac

1875.

Chicago

bkkwUR

St. L., Jack. & Chic.
•.Louis ana Ac
Railroad leased at $240,000 per year
(Bee v.
Mo. RR. built and operated under contractft I' 1
Chicago
!" . 13
The
19. p. 479; V. 20, p. 129.)
,18 6,
River bonds had not been sold to January
Ib5, nil

on stock and bonds.

interest

and there was some
V.22,

p.

255;

V.

(V. 21, p.

litigation

S3, p. '478;

V.

24, p.

224,

420,

495.)

Chicago Burlington
1*76 S
St
gold'.

L Rock

*£&*^*™!*%^£fis
Chic, road, for $1.5,0.000 in

Is. Ac

Gross earnings for 1870 were. *'

^

^ereer.
mtireec
nenses 8*8*8,515; net earnings, $5,189,21;),
The C. B. As Q. lease, numerous
char-e' $1 991 956
(nsimlW
guarantee
branch roads giving them a traffic
theft bonds
™o»«J»
40 or 50 p. ct.T for purchasing
of the consolidated mo.tgage 1/ «""!! '° of this
stock
1875,
Angust,
In
nrior debts.
Burlington
Company wis issned in«change for
samcli als»
Missouri River Railroad stock, and thsBurin gton
of
given for the convertible bonds
of 18,6, for
bonds
The
Railroad.
River
Missouri
Railroad, are
purlhaae of Si. L5u1 T Rocklsl. ft C Qu.ncybnl,
A
Burlington
Chicago
of
bonds
'phun
of '£* amoiint,
offset by 7 per cent mortgage bonds
Chicago road,
St. Louis RocFlsland &

'f*^
j>

*

,

seenredon
and deposited with trustees
».V>.

202,

274; V.

(V. 82. p.

426, 499. 525, 598;
25, p. 138.)

40:1.

p. 63,

231 •> "•

V.24,

•

p. 63, 111,

Chicago <t Canada &>KM*rn.-Connection
ada Southern. Interest not paid.
Chicago, Cincinnati dt
tion furnlBhed.

of Can-

ioui«Ufe.~No Informa-

.. .

August

r

1877.1

2. »,

„e«* ftwr by

s„i.«rrlbcr« will confer
Kli

1.1 pi

Oft*.

,7,,.-.,

lirst

page

SOW,.

wg?^

on 114m)
Indiana extern, wi inort., gold <2d mort
Dubuque* Minnesota lsl ""."'',„••'
,„!.., -..up.,

;„„•„,

,.

j.l

(nowUd)

do

,"';•'

;.','„'o,Y

"

Chi,:,! Hi, h. l-.sl,

mortgage

1"!

'"•

I
,

,-

,

branch

>-!*e

Minn,

[own

;•;

—

Dakota).

• - • • •

•

130
75
85

o.o.y'rl.ftiiot.uiiiiiiji ive>pref. (stak'g fund), 1st

Bonds,

B™*'SS?'*?SdT
Interest bonds, funded oonp..2d m., CWOitoOBli
Oshkosl i. ...
1st mort., general, 3d mort., Chic, to
miles and tod..
23
on
Aonletou cxten., lsl mort.
and tod
Green Bay cxteu., 1st mort. on 26 mile*
1,7 mortTOatoa'A Chicago On. BB. extended-.
earnings
Mississippi Uiver Bridge b'ds, lien on net

193
193
193
23

1859
1S62
1859

26
248

1862
1853

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

100
100
100 Ao
100 4c.
100 Ac
500 Ac
500 Ac.
1,000
1,000

l

*<;.->

1871

500 Ac.

1871
1872

500 Ac.
500 Ac.

1870-1

1,000

1.000

mortgage, 2d lien
Menominee extension, lsl mortgage, gold-..^. 1,058
cons, mort., gold. conp. or reg.(*48,0O0,«JJ)
A St. Peter, 1st mort., guar by Chie.AN W. 137
1st

1,000
1,000
1,000

1863
1803

74
46
779
126
85
120

and lands..
mort, (Peninsular BR.) on roads
....
mortgage (Belotl A Madison Hailroad)
convert, into tl is)
Consol. SnS'g I'd M.. (all above
gold
""id,
sinking
on extension, 1st mort.,

Winona

III

500 4c.

lsl
1st

Milwaukee,

1. (II

1st::

197

L280.000

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

137 1871-1 1,000
175 1871 100 Ac
1st M.
1,000
28 1M70
guar. C. A N.W.
La Crosse, Tremp. & P. 1st mart,,
1,000
75 1870
W..
A
H.
Chic,
Iowa Midland, 1st mort., guar, by gold
Ac
500
62
1879
Northwestern Onion, 1st mortgage,
1,000
1873
156
----•
Chicago,!: Padueah—1st mortgage.
1.000
1871
70
* Southwestern— l»t mortgage
Chicago,
1,000
64 1871
•-- - -,2.1 mortgage
100
674
Stock
*
Pacific—
Uland
Chicago, Bock
1,000
1866
1,000
1875
from 1877 ).
Sffitandi 40,000
636 1877 1,0004c
«oup. or rog
-.
1st mortgage (for $12,500,000)
270 1869 100 Ac
byG.K.I.AP.)
m
enr.
RttT
M.g.
STtcestern-let
Chic.*
1,000
30 1871
guar. ..
Ateli. Braneli, 1st M., gold, not
100
60
Cincinnati, Hamilton* Dayton—Stock.
1,000
1 853
60
1st mortgage of 1853
1,000
60 1 868
1865
do
2d
1,000
60 1875
0..
Consol. mort. (for $3,000,000), sink, fund 1 p.
1,000
98 1873
guar...
mort.,
1st
RR.,
(Junction)
(Jin Ham. 4 I.
1,000
1871
75
gold.
Cincinnati, La fayettc d Chicago-1st mort.,
1,000
75 1874
.........
;"•"
mortgage
ionsolidatcd
1,000
1870
148
...
mortgage
Cincinnati * Uutkhtntun Valley— 1st
1,000
1866
36
AJJ
H.
guar.
C
mort.,
1st
Chic—
Cin., Richmond *
1,000
1809
36
<& u
2d mortgage, guar, and owned by c. ll. guar
1,000
1871
90
gold,
mort.,
1st
IF.—
Cin., Richmond* Ft.
50
171
Cincinnati. Sandusky * Cleveland—Stock
50
171
1866
mclnnati
KgrtsatiC bonttes Sandusfcl Vwu- 9
1X52
Ind..
city
4
Sandusky
uo
1807
Cincinnati, Sandusky A Clove.
do
1,000
si
1871
Cincinnati d S,,ringjictd— 1st mortgage, guar.
1,000
«8 1872
3d mortgage

3d mort.,

do
do

do

do

exten, gld,

land

gr., s. f

Mm

.-

-

- •

&££%&

,

—
. .

(

i

<

4
&

J.

A.

A

in 1873.
6, 1876, and

t«ok place Feb. 7 and 8, JS'J- .(*•
Dec.
V.
82 n.87 304.544; V. 2). p. 111,189, 2.V, Mi, 598;
420, 561;

V.

J.

5

j.
J.

1876.

71*. Odd

MAS

1, 072,300

2,000,000
651,000

V. 22. p.
and Milwaukee Elevator. See statements
Dividends have been
280, and V. 43, P- "! .
1876 14 per
stock-in
pref.
1869-on
paid since
tin ««,..,.cent in bonds, and 8«.per cen

.^

1»
•"<>. * ...... 1,
1st* .. 1-111 7,.
cash, IS
1873 7 Ciisll
in bonds, 1K7'*
serin. 1870 3 cash
1871 7.-;-w
...-«.o.u„~ in
cfmmon'stock
....
scrip; on C01111..0..
,
V.
23, p. 111.
66.
281,
4*1,
22,
(V.
P
and 7 scrip.
138.)
24 o 105, 111, 395: V. 25, p.
,

.

$5,129,819
$6,5*7,680
$11,877,500
1876-77...
5,364.853
7,408,957
12.773,7:1
1875-76...
4.723,e31
7,984,694
12,707,7211
1874-75 ..
5,075.673
9,334,450
14,410,124
1873-74..
4,568,370
8,178,237
1872-71... . 12,73«,637
4,592,136
6,810,026
11,402,161
1871-72
contiiiprovides
loan
gold
'the.
Thi trust deed of
$4s,000,000, l>y ultipcntlv for a possible issue of
thos. of
..including
bonds
other
absorbFngall

1875.
1,399

1874.
1,399

$27,673,744
27,li9,C0J

$27/73,744

.

.

.

mately
propritary roads, towther

***&&&£*£!*££'.
from the $48,000,0(10. Ov

which amount Is reserved
preferred,
Mends have been paid-Dec., 1876, Hi on
27,119,610 July 18:3, 3X on pref. ; Dec 1872, 3X on both; June,
Debt
June,
pref.;
8,953,017
1872 3kf on pref.: Dec.. 1871, 8« on
B,Mfi,T4ll
Earnings.
5,871,116 {iff L 5
Dee.. 1870, 5 on both; Jane._l«ft«
5,170,354
4,908,831
Op. expenses.
June,
^conunon
;.
tfiajna on prof.; Dec, 1869. 5 on pref., 4 on
3,085,389
3,100,847
Not earnings.
HI,
5 on both; Dec, 18K8. 5 on both. (V. 23, p.
Of consol. bonds of 1875 enough are reserved to 1H63,
160.)
The dividend on preferred 49»1 V. 24, p. 29, 204, 494; V. 25, p.
take up old debt.

Miles
Stock

.

.

.

1,399
$27,673,744
30,010,500
8,054,171

1

1874.

July,

Chicago d ^(f^ft.-Completed
proposed Oct.. 1876. (V.23, p. 427.)
.So«M»<wf|rn.-Receiver apChlcTgo. Pekin <fc
(V. 25, p. 16.>
1877.
lune,
pointed
P
mortg. of 1917
Chicago tiock IsTd <fc Paclfe.-The
and takes up all
covers all the road and equipment
were {H.'-OJ,receipts
gross
the prior b'ds. In 1876-7
payments (10
250- net receipts, $3,369,056; dividend
surplus for
$815,004):
Ac,
P e!) $2,097980 interest'.
?hc year' *45«,076; loss on
J5S, 450, 499.

™*^~A*£,

antec, $400,108. (V. 23 p. 1 3, .56, 303,
o.)
1.|». V 24 l) 181 204, 3'.I6. 168. 512, 61 4; V.45.P.J
.

Chicago^ Lthwe,terr,-TMs Company's
wVeh

mort

is'giiar

by Chic R.

closed and sold the road
Cincinnati,

*

Pacific,
I,
fv 2-. P- 396, V.

«,

first

fore-

p. 10.)

.tDayton-S^^nmy.

namUton

showing net deficit of *187.177. »£?*)"£
V. a,
ment of interest (V 20 p. 35. V 21. p. 62,
n 2S0- V 23. p. 39; V 21, p. 56J.)
«i«,o.-Lafayettc Ind
^CinciniJti, layette A

24, p. 563,

:;

.

dross earnings in 1875, $400,051.

'lS!iVS^Vi
ffl^
A

to

Kankakee,

III.

Pittsl).,

years from 1873 to

Cin

St.

l^uls for net

.

7W.~Thc

earnings
were reduced in 1874 and 1875 by the lower freight
law.
railroad
Wisconsin
the
by
imposed
rates
The law was modified, and with April, 187h,
for
report
Annual
effect.
took
again
rates
higher
comparison
1876 V. S4. p. 395. The following is a
condition
financial
and
operations,
of
years
for three
at the close of year:
St.

June

Q. Ollice

.1.1

25,

(V. 23, p. 547; V. 24, p. 493.)
<t

A

.1..

]

1876.

It.

.11.

.

Chicago. tUlwavkee

('.,

IS96

1.

April
April. 1912

.1.

3,674,000
1,310,000
234,000
4,000,000
234,000
2,500,000
219,000
3,500,000
15,103,140
21,696,834
1,236.500
729,600
3,539,400
139,000
251,000
1,691.000
181,000
119,500
285,000
271,000
4,455,000
3,150,000
1,700,000
2,700,000
11,343,000
2,750,000
1,650,000
4,375,000
1,000,000
1,350,000
3,500,000
2,808,000
700,000
300,000
24,999,700
6,000,000
1,000,000
3,000,000
5,000,000
1,000,000
3,500,000
1,246,000
494,000
1,500.000
1,846.000
1,120,000
724,000
1,500,000
560,000
65,000
1,800.000
4,005,750
429,037
771,000
350,000

—

Nov.,

Host.,

June

July 1. 1901
A J. New York and Host.
July 2, 1x77
a. J.
Beaton, by Treasurer
July 1,
ll.k
A J. Boston, .Merchants'
7
Aug. 15
Bank.
Park
York,
New
A.
F.
A
7
.Hi.
o
Sept. 1889
M. A S. BOSt., Treasurer's.
8
Jnlv, 1890
do
do
A
J.
a
Nov., 1891
do
do
M. A >'.
8
Sept. 1. L893
do
do
M.
A
S.
8
Jan., 1x71
New York, Office.
7 S. J. A J.
Oot. 5, 1878
do
A. A O.
3ifl
July 1, 1005do
do
J. A J
7
1893
do
do
J. A J.
7
1884
do
A. A O.
7
1H!»7
do
do
J. A J
7
1894
do
da
J. A J.
7
1899
do
do
J. A J
7
1898
do
do
A A.
8
1898
do
do
7-3
A A
1891
New York, Ollice.
A J
7
1902
Jan.,
York
Now
and
A J. London
1902
A J. New York, Office.
I*
1903
do
do
A J.
7
Juno 1, 1883
A D. New York, Office.
10
Feb. 1896
F. A A, N. Y., Mil. St. Paul RR.
7
Dec. 28, 1872
313
J. A D. New York, Co.'s Office
22, 1876
Dec.
de
do
8* J. A D.
Aug. 1, 1885
do
do
F. A A.
7
1883
Irfay.
do
do
M. A N.
7
Aug. 1, 1885
do
do
F. A A
7
1885
Aug.
1,
do
do
F. A A.
7
Aug. 1, 1885
do
do
F. A A.
7
1882
do
do
F. A A.
7
Jan. 1, 1884
do
do
J. A J.
7
July 1, 1878
do
do
6
J. A J.
Sept. 1, 1898
do
do
M. A 8.
7
Jan., 1888
do
do
J. A J.
7
Feb. 1, 1915
do
do
Q.-F.
7
1911
April,
do
do
A. A O.
July 1, 1898
do
do
|» J. A J.
1. 1911
June
do
do
7g. J. A D.
Dec. 1, 1902
do
do
J. A D.
Jan. 1, 1887
do
do
A J.
l» J.
Nov. 1, 1907
do
do
N.
M. A
7
Dec. 1, 1916
do
do
7g. J. A D.
April 1, 1878
do
do
O.
A. A
10
Oct., 1900
do
do
A. A O.
8
June 1, 1915
do
do
S.
7g. M. A
1, 1903
July
J. A J.
7
Aug. 1, 1901
F. A A. N. Y., Farm. L. A T. Co.
8
1891
A. A O.
8
1, 1877
Q.-F. New York, Co.'s Office. Aug. 1896
2
do
do
J. A J
7
Aug.
1, 1895
do
do
F. A A.
6
July 1, 1917
do
do
J. A J.
6
1890
Nov.,
I.AP.RR.
R.
Cbic.
7g. M. A N. N.Y.,
J. AD.
1873
AprM,
Co.
D.
A
Winslow,
O. N. Y.,
I* A. A N.
May 1, 1880
do
do
M. A
7
1885
20.
July
do
do
J. A J.
7
Oct., 1905
do
do
A. A O.
7
1903
Jan.,
do
do
J. A J.
7
Mch. 1901
A Co
7g. M. A S. N.Y., J.S.Kennedy
Nov. 1, 1914
do
do
7 f. J. A J
Jan., 1901
Bros.
A J. Now York, Morau
7
July, 1895
L. A Co.
A J. N. Y., Winslow, do
7
Jan. 1, 1889
do
A J
7
June, 1921
Co.
A
L.
A D. N. Y., Winslow,
7 g
1872
Boston, Office.
10s.
1877
June,
do
do
M. A N.
3
'Aug. 1, 1900
do
do
A.
A
F.
6
1877
1,
Hcpt.
do
do
7
Trust Co. Dec. 1, 1890
J.' A D. N. Y., Union
7
1. 1901
April
Trust
Co.
A. A O. N. Y., U. S.
7
1902
do
do
J. A J.
7
8

V
fiscal year ends with
p 40.1
Chicaao\\t Xorthwett.-'l'he
De- May The last annual report will be found in the
Chicago, Dubuqve & Minne$ota.-Vc!aanei
net surplus of the
The
Hi".
Dnbuone.
p.
A
25,
Clinton
V
CuBONici.E
cember, li>73, same as Chicago
'
Northwest, lines proper, after
13b. 181, 4H.)
(V. 23,p. 'it!, «W; V. M, p. », M,
of Chic.
$l,<n?,«*.
roads.
-Chicago A Town.— Has a traffic guarantee
prui..,.o.«. j
»;.„ ',„,
of system, including proletary
Burlington & Quincy 40 per cent for purchase
roads was $.o«79r
pi
mort- The net deficit on proprietary
Lends or
bonds.
bonds. Foreclosure pending onder a second
their
on
interei
the interest
including
138.)
25,
p.
V.
unsold. Operations
gage for $1,150,000. (V. «, p. 87;
the company are 2,153.0:4 acres
perpetuity
in
21.
Leased
Chroniclb,
p. 494,
\
In
ehicaao, Inoa <b Nebraska.-for calendar yesl 1876
gross receipts.
interest and rentals,
to Chic. A Northw., at 37X per ct. of
net profltTon all lines, above
mortA
first
C.
The
the
or
ShoreLate
Operations
Chicago * Michigan
being $1,317,493.
gages, main Imc, have traffic agreement from Mictu- propSr, for six years, compare as follows:
Net
Expenses
Gross
Ean Central. In default for interest since July, 1873.
earnings.
and taxes.
earnings.
except on first bonds $477,000. Receiver appointed
I)ti9,

D. Bost.. C, B. A Q. Oflloe
O. New York, Co.'s otlic.
do
do

[in

holders. (V.23,p.232,4<W; V.S4,p.i».b3,l.l!>,181,443.)
Fln«nuM*.-Thcrc was also a
Chicaao, Danville
mortgage of
2d mortgage for $1,000,000 and a chattel
Default was
tl.CKKi.OOO, most of which are pledged.
decree of
by
orfered
snle
Foreclosure

p. 157, 340,

Laot
Dividend.

New line

J.Ttwas built by construction companies in
stockwhich certain directors of CB. & Q were

2-l!

pal, wb.

by

Whom.

Payable

^^*??»^^

made

dl.coT.re d In the.. Table..

I*'
7 g. A. A O.
.1.
A 1>.
8

6,600,000
670,000
3,810,000
190,000

I

. .

8

t.500.(MHI

15,399,261
12,274,483
5,710,000

»T err.r

Cent,

A,,425000
1,700,000
8,838,200
-.200
211,500
177,000
3,023,000
1,350,000

100

xv ii

INTKKKHT OK DIVIDENDS.
Rate per When Where Payable, and

$1,500,000
2,000,000

1,000

100
1,000
1,000

t

1,459
1,459

(

l.o. in

1873
1866

.

<i

1,000

1869
1868
18C8
1861
1872
1872

-

11

1,000

1867
1st;

N

1(1.1, vc.

1875
1803
1864

235
280

mortgage (Prairie tin I'luenl
2d mortgage (l'raiii* du Cbicn)
Milwaukee 4 Western
-;
st i- .villi.-. 1st M. (Rlv.Dlv.)8A*(oonv.)
Iiukota
Is) mortgage, HasttngsA
Chicago A Mil. ""'V: ::;.•—:
in 1878)
Equip. 4 bridge bonds (may be paid
•••
Western Onion, 1st mortgage
Northwestern— Common stock .......
Chicago

I

1

Olitotandtog

000 4c.

1872

/

1st

,

1ST

370
370
220
49

f

entrail

<

190
1!)5

52

Div.)

sotii

A

1 .1 1(

1

I860
1863
I860
1870

cumulative)

A Minnesota

im mortgage (Iowa

1,000
1,000

1,399

;;

ll

1871
1871

1,399

$35,000,000)....

l;.tW(fo>
2il

1,000

roistered
8W3
•,•••• L^S!

iT k.c. y'rly, not

ivk

$1,000

1869
1872

89
82
199

>w Ut)

:i,i

1*71

S'J

\,h/-.u.7.-ii— stock

i

ii

oo

Amount

;

Value

10s

so

rig...

In'

iiiiij

V'.''"

mils

II.

SI
131

'

,.

r

Bi

i.f

Road.

t»»»

..i

mort.,

l-i

Duo.

,r

Date

not"

«

Imm.dl.l. nolle, of

jrlvln.

Miles

k
For explanation ol column beadlnge, &e.,
on

'1

RAILROAD STOCKS AND BONDS.

.

'

™^bX

...... own^mortof^the
«iiiayioii,»
Korto^wMch
Ham. A
""',, „.^«; (V
1*
income above intercut, 1875-(j. W-^JWay

1

g, „ s9)
,ir;, ?, 10
,„
Fort Hairns.— leased
by
guaranteed
Interest
.SiiJS/f',,
«fl rears.
V
a
>en
y
rKn:i.»m.ADaytonandb
;; ^,:
'nd
CinHnnati llichmond

'

*
A

^^"JS^J^SRySSSlfflvanl.

^yj^ aB:dh?*Ap -c?e%aid.-i«

the year
Cleveland.'Sandusky
»w.i,".o;
•„SinViiine 30 ls76. gross earnings were leaving

«nen.es $576,907: net earnings, $286,169,
est Ac.
iShklance'. after paying rental, rotor 450,
niinculties about receiver In 1877.
363, 396, 420. 448,
24 P 321

V

VKiwi

to
„°n

Cev

Col. C.

SStnSUj

by Lake Sh.

(V. 23, p.

WB. 564.)
W.
In oerpetnity
A SpringfUUl.-lJ»i*A
guarantee of interest

TI%ith

* M.

half of iMere-ttsalsognaranteed
3. (V.23, p. 232)

.

.

..

RAILROAD STOCKS AND BONDS.

xvffi

[August

25, 1877.

Subscribers will confer a great favor by giving immediate notice of any error discovered in these Tables.
Bonds— PrinCi
INTEREST OR DIVIDENDS.
DESCRIPTION.
Miles Date Size or
pal. When Due
Amount
Stocks— Last
of
of
notes
par
per
Where
Payable
and
by
&c,
see
Rate
When
headings,

For explanation

of

on
Cin., Wdb.

column
page of

first

Road. Bonds Value.

tables.

—1st mortgage

Mich

<t:

—

Cleveland, Columbus, Cincinnati <C Ind Stock..
1st mortgage (C, C. & C. RR.) $25,000 a year.
do
(Bel. <Sc Ind.) exch. for new mort.
do
C, C, C. & I. sinking fund
Consol. M. for $7,500,000 (sink, fimd 1 per ct.)
Cleveland <f Mahoning Valley Stock

—

..

1st mortgage, extended

New bonds

NUes & New Lisbon, 1st mortgage
Cleveland, lit. Vernon <£ Del.— 1st mortgage, gold.
1st mortgage, Columbus Extension

81
471
138
202
390
390

1871

"67
67
35
145

1873
1876
1870
1870
1871
1875

Income mortgage
199
199
199

Cleveland <£ Pittsburgh— Guaranteed stock
4th mortgage (now 1st)
,
Consolidated sinking fund mort. for $5,000,000..
Construction and equipment bonds
Cleveland, Tuscarawas Valley <£ Wheeling—1st m...
Colebrookdale—1st mortgage
Colorado Central— 1st mortgage, convertible
Columbus <£ Hocking Valley—Stock
1st mortgage, sinking fund bonds
1st mortgage, Logan & Straitsville Branch
2d mortgage bonds
Columbus, Chicago & Indiana Central Stock
1st M. Columbus, Chic. & Iud. Central
do Chic. & G't East. (Chic, to Logansport)

—

do
do
do
do
do
2d M.
do

do

&

&

—

do
Income conv. do
do
do
Income (Toledo, Logansport & Burlington)
Columbus, Springfield- <£ Cincinnati— 1st mort
Columbus it Xenia—Stock
1st mortgage
Concord—Stock
Concord t£ Portsmouth—Stock, guaranteed

1,000
1,000

500 &c
50
1,000
1,000
1,000
1,000

100

500 &e
1,000
1,000

100
1868

1,000

1864
1865

500 &c

1857

1871

1,000

50
1,000

Passumpsic Stock
New mortgage (for $1,500,000)
1873
.Notes, coupon
1871
Massawippi st'k, guar, same div. as Conn. & Pass. "38
do
bonds, guar, by Conn. & Pass
38 1869
Connecticut Central— 1st mortgage for $400,000.
1875
"56
Connecticut River—Stock
1st mortgage (sinking fund now$148,931)
56 1858
Connecticut Valley— 1st mortgage
44 1871
Connecticut Western— 1st mortgage
68 1870
Connecting (Phila .)— 1st mortgage
7
Cumberland <& Pennsylvania 1st mortgage
38 1866
2d mortgage, sinking fund, (guaranteed)
38 1868
Cumberland Valley—Stock ($484,900 preferred) ....
82
1st mortgage
52
2d mortgage, sinking fund guaranteed
52
Common bonds
Danbury <t Norwalk—Stock
33
1st, 2d and 3d mortgages
33 '60-'72
Danville, Bazleton
Wilkesbarre— 1st mort
51 1868
Danville, Vrbana, Bl'ton <& Pekin— 1st M., gold.
117 1869
Davenport Northwestern— 1st mortgage, gold
170 1871
Dayton A Michigan—Com. stock (S^aguar.C.H.&D.) 142
Preferred stock, (8 percent, guar. 0. H. &D.).
142 1871
1st mortgage, sinking fund, $30,000 per year
142 1856
2d mortgage
142 1867
3d mortgage
142 1869
Toledo depot (cost $353,940) 1st and 2d mortgage
31&64
"36 1865
Dayton a Western— 1st M., guar. L. M. &C.
Delaware Railroad Stock
110%
Extension mortgage
13 1859
Mortgage bonds, convertible, guar. P. W. & B.
110% 1875
Delaware «£ Bound Brook — 1st mortgage
27 1875
Denver Pacific— 1st mortgage, gold, land grant.
106 1869
Connecticut

t£

\-c

1,000

1867
1870
1872

45
70
55
35
41
144
110

—

50
500 &c
500 &o
500 &c

50

61
102
107
102
72
224
587

&

1,000
1,000
1,000

1868
1870

587
587
117
208
93

Union

100
500

1862
1867
1873

18
80
89
76
13
89

br.)
Ind'polis Cent. (Col. to Ind's
& Logansp't (U'n City to Logansp't)
Tol. Logansp't & Burl.(Logansp. to 111 line)
Col. & Ind. 1st
2d pref .(Col. to U'n City)
Cinn. & Chio. Air Line(Richm'd to Logans.)
Col. & Ind'polis Cent. (Col. to Union City).,
Indiana Central (Indianapolis to Ohio line)
Chic. & G't East, construe. (Chic, to Rich'd)
Columbus, Chicago & Ind. Central

Col.

$1,000

I860
1864
1869
1874

50
100
100
100 &c
100 &c
100
1,000

.

—

,

<£•

<£•

&X

—

Trio

500

&<•

1,000

500 &c
1,000
1,000

50
500 &c.
500 &c.
100 &c.
50
100 &c.
200 &c.
1,000
1,000

50
50
1,000
1,000
1,000

500 &c.
1,000

50
1,000

,

Cincinnati,

Wabash

&

Michigan.— Paid interest
not consenting to pass,
to be used for completion of road
Some bonds held by L. Sh. Mich. So'n. but no indorsement by that company. (V. 22, p. 168.)

January,

1876. to bondholders

amended

lease

1,000

Outstanding

$1,200,000
14,991,800
200,000
425,000
3,000,000
2,453,000
2,759,200
630,000

500,000
1,350,000
950,000
669,000
11,243,736
1,104,844
2,700.000
1,336,000
2,180,000
584,000
1,272,000
1,921,000
1,500,000
300,000
700,000
13,938,972
10,428.000
451,000
2,632,000
775,000
531,500
313,000
217,750
821.000
666,500
341,400
3,692,000
3,847,000
74,024
1,000,000
1,786,200
302,000
1,500,000
350,000
2,175,500
1,350,000
139,500
400,000
400,000
216,000
2,100,000
250,000
1,000,000
3,000,000
996,000
803,500
594,000
1,777,850
161,000
109,500
81,800
600,000
500,000
1,400,000
2,000,000
1,700,000
2,395,350
1,286,100
1,870,000
426,000
356.000
105,500
614,000
1,388,023
100,000
650,000
1,120,000
2,416,000

wa» made Feb.,

1,

Cent,

net,

22, p.

7
6
7
7

Cleveland dk Pittsburgh.- -Leased to Pennsylvania

&

V.

24, p. fin 3.)

7

6
4s.
7

7
7

"l
7
7
7
7
7
7
7
10
7

7
7
7

7
2

7
5

3%
3
7
7
3

I*
4
6
7
7
6

6
6

2%
6

1%
7

7

7g7 .«-

W

2

7
7
7
7

6&7
3
6
6

7

7g.

(V.

24, p. 541.)
Portsmouth.— Leered to Concord RR.

(V. 22, p. 209.)
Connecticut Eiver.— Net earnings 1875-6, $117,780,
against $257,408, 1874-5. (V. 23, p. 500.)

Colorado Central.— Bain mainly by Union Pacific,
which holds the bonds, $5,270,593 in all. (V. 21 n
P

Connecticut Valley. -In default and surrendered
to State Treasurer as trustee for 2d mortLuge bondholders. (V. 23. p. 40, 575, 628.)

'

85; V. SB, p. 61, 567, 614; V. 83, p. 183.)
l

-J£
WU
<V.

fJt

'$$. u

Hocking Valley.-Orom

earnings,

1841,139; net $386,831, against $358,376 in 1875
p 360; V. 24, p.
V. 25. p. 90.)

3»S

88,

;

cW*<l0*rr.dUma
99^^!"'
1869,
was leased by the
it

J2,

'

Central—On Jan.

Pittsbursrh Cln.

&

tools, guaranteed by Pennsylvania Railroad.

St

An

Connecticut Western.—fiat earnings 1875-6, $120,229.

Re-organization

for bonds.

(V. 88, p.

made and
547. 576,

pref. stock issued
5«8, 614; V. 24, p.

64, 369. 495. 564.)

Connecting.— Leased to Philadelphia

&

& T.

Jan. 1, 1901
Jan. 1, 1905
Co. Sept. 1, 1877
Jan., 1892

do
do
& J.
do
Nov. 1, 1900
do
& N.
do
Jan. 1, 1913
do
J. & J.
Cleveland, Ohio.
Office.
June 1, 1898
Phila., Co.'s
J. &D.
J. & D. Boston, Treas.'s Office. Juno 1, 1890
July, 1877
F. & A.
A. & O. N. Y.,St. Nich.Nat. B'k Oct. 1, 1897
do
July 1, 1880
do
J. & J.
do
Jan. 1, 1892
do
J. & J.
April ,1908
A.& O.
1893 to '95
Various N.Y., Gallatin Nat. B'k
do
Nov., 1904
do
J. & J
Dec, 1905
A. & O. N. Y., A. Isolm & Co.
Feb., 1884
do
F. & A.
do
Dec, 1883
J. & J. N.Y., Gallatin Nat. B'k.
do
1886 to '90
Various
do
do
Nov., 1904
M. & N.
do
Jan., 1882
do
J. & J.
do
do
J. & J.
do
F. & A
Feb., 1890
F. & A.
F. & A
N. Y., A. Iselin & Co.
M. & S. N. Y., Union Trust Co, Sept. 1, 1901
.— M.
Juno 9, 1877
Columbus Treasury.
M. & S. N. Y.. Am. Exch. N.^'k Sept. 1, 1890
M. & N. Boston, Tower, G. & Co May 1, 1877
June 28, 1877
Boston.
J. & J
F. & A.
Feb. 1, 1875
Boston Office.
April 1, 1893
A. & O
do
Various
July, 1881
do
F. & A.
do
Feb. 1, 1875
July 1, 1889
J. & J.
do
Oct., 1895
A. & O.
J. & J. Boston, Bost.& Alb.RR. July 2, 1877
M. & S. Boston, Globe Nat, B'k. Sept. 1, 1878
Jan. 1, 1901
J. & J. N. Y., Am, Exch. N. Bk
July 1, 1900
J. & J. New York and Boston
1900-'l-'2-'3-'4
M..V S.
Philadelphia.
M. & S. New York, Co.'s Office March 1, 1891
do
M. & N.
May 1, 1888
do
Q.-J. Phila. and Carlisle, Pa, April 1, 1877
April 1, 1904
A.
Biddle
&
Co
A. & O. Phila., T.
April 1, 1908
do
do
A. & O
do
Jan. 1, 1884
A. & O.
do
Mar., 1877
Q.-M. New York and Danbury
J. & J New York, 84 Broadw'y 1880, '90, '92
A. & O.
Phila. Penn. RR. Co.
Oct. 1, 1888
April, 1909
A. & O. N. Y., Farm. L. & T. Co.

A.'&O. Cincinnati C.

Trenton,

and operated by Pennsylvania; terms, 6 per cent on
$1,278,300 stock, and interest on the bonds.

H.<t D.Co.

Q.-J. N. Y., Winslow, L. & Co.
do
J. <fe J.
do
do
M. & 8.
do
do
A. & O.
do
do
M. & S.
do
J. & J N. Y., Am. Exch. N. B'k
Dover, Co.'s Office.
J. & J.
J. & J. Phila., Girard Nat. Bank

&
F. &
M. &

April 2, 1877

July

3,

1877

July, 1881
Sept.,
Oct.,

1887
1888

Mar.,'81 & '94
Jan. 1, 1905

July

1,

1877

Jan. 1, 1880
I.T.&.S.Co July 1, 1895
1905
Philadelphia.

J. Phil.. Fid'lit.y

J.

ley at a rental covering interest.

&

L.

M.

Read-

Colebnok'tale.— Leased to Philadelphia
No dividends paid on stock.

Q.-M. N.Y.,Farm.

J.

R&Uroad at 7 per com on stock, besides expenses at $25,000 per year.
Connecticut d Passumpsic.— Annual report tc
and interest, and transferred to Pennsylvania Co
June, 1876. showed net earnings for year $340,954,
Eeport for 1876. V. 24, p. 63.
against $226,875 in 1874-5. Div. passed since Aug.,
Cleveland, Tuscarawas Valley <e Wheeling.— This 1875. The new mortgige of $1,500 0C0 will retire
Toadwas sold under a 2d mortgage, Jan. 27, 1875, and previous issues. (V. 81, p. 877; V. 23, p. 301, 547.)
re-organized. (V. 20, p. 6/, 110, 836; V. 22, p. 852;
Connecticut Central— Leased to Connecticut Valing.

do
do

do
do

M.'&'s.

1%

1870, also guar-

565; V.

Concord

F.

7g.

Concord. —Net receipts in 1876-7, $294,761.

S6i,53J

J.

7

anteed by Penn. RR. The amended lease guaranteed interest on $15,821,000 of first and second bonds.
&
Aug., '74. default was made on the $5,000,000 seconds.
April 1, 1875, defaulted on 1st mort. The guarantee
of
interest was absolute, but the Pennsylvania RailCleveland, Columbus, Cincinnati & Indianap.— Net
earnings in 1816, $702,917, against $384,024 in 1875 road claims that the C. C. * I. C. Co. did not fulfil
(V 22, p. 257, 303; V. i3, p. 332; V. 24, p. 249, all its part. Bondholders claim that no such failnre
after bonds had been sold with the guaranty could
prejudice their rights.
Suit is pending against
Cleveland <8 Mahoning Val'ey.— Is leased to At- Pennsylvania Railroad. Interest on most of the old
lantic & Great Western, and interest on bonds is prior bonds has been taken 110. Net earnings,
1876,
paid. (V. 20, p. 85, 139; V. 23, p. 232, 403.)
$384,949. (V. 23, p. 40, 254, 547; V. 24, p. 157,
42", 589; V. 25, p. 62, 113.)
Cleveland, Mount Vernon <t Delaware.— Defaulted
Columbus & Xenia.— This road is leased to the LitJuly, 1874, and made compromise by which all the
coupons due July, 1874, and one-half of coupons tle Miami Co., and both roads for 99 j'ears to Pittsfrom January 1, 1875, to and including July 1, 1877, burg Cinn. & St. Louis Co.; the lease is guaranteed
are to be postponed to Jan. 1, 1885. and the remain- by Pennsylvania Railroad, and the terms are 8 per
ing half to he psid as they mature. Gross earnings cent on stock and interest on bonds.
1876, $378,582; expenses, $310,050;
22, p. 850; V. 24, p. 248.)

Dividend.

July 1, 1891
& J. Wabash, Indiana.
& A. N. Y.,U. S. TrustCc, Feb. 1, 1876
'75 to '84
June,
do
D.
do
J. &
Until 1899
do
7
do
J. & J.
1899
May,
do
7
N.
do
M. &
7 or 6 g. J. & D. New York or London. Jmio 1, 1914
1877
Office.
May,
Cleveland
N.
3% M. &
Aug. 1, 1893
?-' P. & A. N. Y.,Ward,C. &Co.
1906
Sept.,
M. & S.
Jan., 1890
7
J. & J. N. Y., Union Trust Co.
7g. J. & J. N. '/., Winslow, L. & Co. Jan. 1, 1900

I*

and allow funds

<V.

Whom.

Pay'ble

A.
N. N. Y., Bk. of Commerce.

May

1,

1899

Cumberland 4- Pennsylvania.—Owned and operated by Consolidation Coal Co., which guarantees
2d mortgage. Stock $1,500,000. (V. 22. p. 415.)
Cumbertand Valley.— The stock is owned in large
by Pennsylvania Railroad Co. Net oarnings,
year ending Sept. 30, 1876, $298,101. Large advances
part

nave been made to branch roads. (V. 24, p. 135.)
Danbury tt Norwalk,- -Gross earnings, 1874-75,
$lh7,026; expenses, $87,410;
$42,191; surplus, $37,485.

interest

and

taxes,

Danrille Hadelon & Wilkesbarre.— Leased, March,
1872, to Penmylvania Railroad for 33 years. The
coupons due October, 1874, were purchased by Pennsylvania Railriad.

In default, April, 1875.

(V. 20,

p. 336, 476, 500, 570.)

Danville Vrbana, B'oomington <* Pekin.-This is
a part of the Indianapolis Bloomingtou & Western,
now in defaul t. See I. B. & W.
Davenport & Northwestern.— Davenport & St. Paul
sold in foreclosure. March 2, 1876, and reorganized.
(V. 21. p. 441, 570. 618; V. 22. p. 87, 281, 305, 515,
590; V. 83, p. 159; V. 21, p. 299.)
Dayton <£ Michigan.— Leased in perpetuity to Cin.
Ham. & Dayton, which pays interest 011 bonds, and

dividends on stock, holding itself
common. (V. 21, p. 62.)
Western. - Leased to Little Miami, and
with that to Pittsb. Cin.
About $90,000 of
St. L.
old ext. mortg. bonds of 1881, are yet ont, which

guarantees

$1,398,100 of the

Dayton

t&

&

will be retired shortly.

Delaware,

—Leased by Phila. Wilmington

ft Balti-

more

for 6 per cent 011 stock and bonds, but if 30
Eer cent of gross earnings does not pay that, the
alance is charged annually to Del. RR.
Delaware
Bound Brook.— This is pirt of the
new route between New York and Philadelphia. (V

A

12, p. 209, 257.)

Denver Pacific.— Land grant. l,100,roo acres. In
1876 gross earnings were $331,145; net earnings,
$165,537. Cost of road and equipment. *6,49).S0».
(V. 20, p. 569; V. 24, p. 321, o4i; V. 25, p. 62.)

;

.. ...

t

25,

RAILROAD STOCKS AND BONDS.

1877. J

groat furor by Kl»Init Immediate notice of any error discovered In Ibeee Table*.

.Subscribers will confer

1NTKRKHT OK DIVIDKND8.
<r When Where Payable, and

Di scl:ii-i'i()N.

r'oi

Miles Date 81r.e, or
Amount
or
of
Par
oolamu bending.*, Ac, see notes
Road. Bonds Value. Outstanding
bead of Oral page <>i tables.

explanation
at tin-

>>r

Delaware, Lackawanna if Ifaeiern Stock
2d mortgage (Delaware, Lackawanna 4 Western)
Mortgage (for $10,000,000)

Bonds (convertible June l. 1875 to T7)
Lackawanna A Blooasb., 1st mint (extension)
iici
do
2d mortgage
Dcnrcr if lliti th-iimtr— 1st moil., gold, sink. fd. ..
/'<> Ifoinss ,i Fort i>o,ii/i
1st mortgage, coupon..
Detroit. Bel Utter d ///.— 1st moil., coup, or reg..

M mortgage
Lamina a

Yorlh.

Ionia

1st

Detroit.

A

Lansing,

in
Detroit

.r

1st

nmy

do

Milirmikre -l»i mortgage bonds

00
25
118

1S5!

2d mortgage, April 28, 1856
l»t funded coupons, Nov.
5, I860
2d fiiniit'ii coupons, Nov. 13, -<;:!
iiondsof June 80, 1868 (conditional)
l

i

A nun. m:> Oct l. 1853, gold....
Dollar (Oak. d Otta, lilt.) bonds, Oct, 1. 1898....
1st moil. (Detroit A Pontine IMS.), April 1, 1851.
:iil mortgage (Detroit A Pontine his.), Feb. 1854.
2d mortgage, (Detroit A Pontine ISIS.). Jan. 1853.
Bonds of Sept. 1, 1866, (Limit $300 ,000)
Bonded mortgage on Detroit real estate
Sterling (Oak,

—

Dubuque d Sum r

city Stock
1st mortgage, 1st division
1st mortgage, 2d division (for $1,400,000)
Dubuque Sowtiwestern— 1st inert., pref., sink, fd
1st mortgage. Oct. 1,1863
Dunkirk, ilUgh.TaUey d 1'tttsburg— 1st inort., gold

—

Duchess X- Columbia 1st mortgage
East tmnuttt, 'irginia d (It orgia— Block
1st mortgage sinking fuml bonds
Bast Tenn. d Georgia ($02,000 are endorsed)
Bast Tennessee and Virginia (endorsed)
I

M mortgage
East

.

to U. 8. Government
I 'ennsylra n ia
Stock

1st

mortgage

Eastern

—

Mass.)—Stock
Essex KK.lst mint, (extended for 20 years)...
Old loans exchangeable (iut. ceased Sept.,'76)
Mortgage funding bouds
Eastern Shore, (.lfrf.)— 1st mortgage, convertible..
2d mortgage, convertible
Etinirn d Williumsport—Stock common
Preferred stock
1st mortgage bonds
Income bonds, 099 yean to run
Erie Railway Otook,oommon
Preferred stock (7 p. c. y'tlv, not cumulative).
1st mortgage (extended in 1807 to 1897)
2d mortgage, convertible (extended to 1879).

143
100
43
55
55
90
58
270
242
112
130

89
89
78
78
78

Western,

"56
58

com-

part of

coal

100
500
500 Ac
500
1,000
1,000
1,000
1,000
1,000

91
51
109
23
50
50
94

ings

first

1,897,000
770.000
81,000
2,500,00(1

1,000.000
628,525
377,115
1,702,519
150,866
51,000
150.000
380,000
100,000
110,000
103,260
5,000,000
206,000

586,000
81,500
450,000
3,200,000
2,500,000
1,968,274
3,009.000
862,400
147,000
190,000
1,309.200
495,900
4,997,600
194,400
672,479
11,796,000

400,000
200,000
500,000
500,000

1,000

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
4.457,714
12,076,000
14,400,000
10,000,000
1,008,400
291,700
92,300
2,193,000
745,000
1,000,000
2,000,000
814,000
1,986,000
281,000
631,000
145,500
775,000
325,000
4,000,000
500,000

500 Ac.
100 Ac.
1,000

*200
1,000
l.ooo
1,000

50
100 Ac.
100 Ac
1,000
1,000

500 Ac.
JB2O0

1.000
1,000

500 Ac.
1,000
1,000

100

1874

2,064 ,000

100 Ac
100 Ac
50
50

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

1869
1809
I860
1867
1852
1854
1860
1870
1873

49

II.)

— The

1,000
1,000
1,000
Various

500

81H! 1862
81>2 1865
81>2 1868

209,000
3,024,500
2,300,000
500,000

1,000
1,000

82 >a

Rockvtlle extension
<£ Chic.— 1st mort., gold
2d mortgage, gold
Fttehbui o Stork
Bonds, coupons ($1,000,000 authorized)

in large

1,000
1,000

100
100

459
459

Evantille, Terrc Haute

<t

500 Ac

"50

1847
1849
1853
1857
1858
1861
1863
1865
1870
1874
1873

Q.-J.
M. A 8
M. A 8

7

100 Ac.
100

1858

2>a

:i7l>.(MMI

.

itX.An:.— let M.. Haug'r to Winn.,Bang'rl'n

consist

1856

1860
1863

.

Land grant lstmort. (2d mort Bangor to Winn.)
Bangor & Piscataquis, Bangor loan, 1st mortg.
1st mtrt.'iage. sterling, on X. Brunswlok road
Mwttnsv, if V ruu- font.ir.— 1st iu.. Ev. A 111., s. f

operations

50-'56

Payable

600,000

ibo

1870

„^

l',o<k>

959

Equipment bonds

Delaware Lackawanna

1863
1864
1863
1863
1870
1868

(

KKI Ac
loo ,vc

1.000

1

.

7
7
7

1856

Ixmir Dock Go. mortgage
Sterling bonds, convertible. £1,000.000
1st consolidated mortgage, gold (for $30,000,000)
2d consolidated mortgage, 5-20, (for $10,000,000)
New bonds (debentures) convertible till 1883
Erie &• Pittsburg—Stock
1st mortgage, convertible into cougolid. niort
•-M mortgage, convertible
Consolidated mortgage free of State tax

pany's

85

1876
1860
1866

"

1st mort., sinking fund (Evausville to Terrc

187(1

'

id

1S55 250 Ac.
1856 500 Ac.
1800 Various
1863 Various
1866 500 Ac.
] 853
100 Ac.
853 500 Ac.
1

i

Euro/I'll

1877
1869

i

$50 $26,200,000
500 Ac
1,688,000

1

3d mortgage
4th mortgage, convertible
5th mortgage, convertible
Buffalo lira in- li Ho uls

I

1858
1870
1874
1871
1873

1854
1853
1866

36
36
114

(

185(1

1877
1872

KM

be rcg..

do

2d mortgage

195
115

115

94
94
187
59
59
189

mortgage

mort., roup.,

1,000

ten years, and 36 afterwards.

5

A J
A O
M. A N
J. A J.
J. A J.
A. A O.

1
3ia

J.

6

J.

6

A.

2>a
3>a

7

M.
M.
M.

7

7
7
7
7

A.
J.
J.
J.

7
7
6

7

g.
g.

M.
M.

7

I.

J.

7g.

1%

1877.

A" J.

A
A
A
A
A
A
A
A
A
A

N.
S.
8.

O.

D.
J.

D.
8.

8.

New York and London
do
Union Trust Co.
do
do
do
do
do
do
do
do

Y.,

J.

A.

A

consoliDunkirk Attegh. Valley it Pittsburg.—
dation, Dec. 1, 1872. Stock, $2,300,000. Road leased

Central

&

Duchess it Columbia.— Sold in foreclosure. Aug.
10, 1876, for $207,500, to first mortgage bondholders.
(V. 20, p. 15; V. 22, p. 811; V. 28, p. 159, 183,256, 450.)

East Tennessee Virginia it Georgia.— Qroett earn ings year ending June 30, 1876, were $1,058,951 expenses, $715,394, and net earnings, $343,5:9. Annual
;

report, V. 28, p.

—

I

vi.

East Pennsylvania.— Leased to Philadelphia St,
Reading at 7 per cent on stock and bouds. Dividends are 6 per cent per annum.

Detroit Eel River <t Rlinoit. -Sold in foreclosure
Julvfi, 1877, for $-.50,000. (V. 12, p. 805; V. 21, p.
346; V. 25, p. 40.)

{Mass.).— Company embarrassed 1875.
A general mortgage was made to fund the old issues
of debt, bearing 814 Per cent for three years, 4 per
cent for three vears, and 6 for balance of term. To
February, 1877. certificate* had been issued for
$11,628,097. The Eastern in N. H., a separate corsorstien, is leaned; see V. 25, p. 40. (V.28, p. 15,
V. «4, p. 157. t04.i
63, 86, 134, 159, #ff, 64 1

A

Detroit Lansing <t Forth.—Coupons of Ionia
Lansing bonds are paid In cash. The old road was
sold in foiecinsure December 14, 1876, and new
company organized by bondholders, who issued new
securities.
(V. 22, p. 399, 446; V. S3, p. 599.)

•

Eastern

;

Eastern Shore.— Formerly leased, but now operMilwaukee.— This road was operated by
on own acconnt Binco December. 1869. CoupWestern of Canada, but defaulted ated
(V. 22. p.
onsou
1st mort. due Jan. ">7 were paid.
in 1873. and is to be sold in foreclrsnre. Of
297.)
the bonds of June, 1866, $1,218,000 ore in the
hands of the Merchants' Bank of Canada, redeemFlmira tt Willlam*vort.—\/&u>v.a In 1818 to Northable #KO,000 per year, if earned. The Detroit A ern Central for 999 years. Rent amounts to $165,000
Pontiac interest has been paid. (V. 22. n. 110, 509, per year.
281, 499; V. SB, p. 86; V. 24, p. 39, 111, 1 56.)
Erie.— Mr. II. J. Jewetl, the pres'dent, was apDubuque <t Sioux City.— Leased to Illinois Cen- pointed receiver May 26. Negotiations for settlement
trsl, in 1887, for 20 years, at 35 per cent of gross earnwith bondholders pending, and assessments on
Detroit A.

Great

Jan.

188G>

1,

Oot. 1, 28C2
Oet. 1, 1873
Oct. 1, 1873-

May

1807
1879
1883
1880

1,

Sept. 1,

Mar.
Oct.

June
July

1,
1,
1,
1,

1888=

1891

Jan., 1803
Sept. 1, 1875
Sept. 1, 102O

Jan.

1894
I0OS

2,
1.

June 10, 1877
1882.

1890
1898
180O
1889

180O
1899
1897
1887
1887
1880
19<K>

1877
1894.

stock arc payable till March 1, 1877, but after that
10 per cent is added.
Interest on the first fivemortgages is paid. Foreclosure suits were commenced nnder the fifth and consolidated mortgages,
but overdue interest on fifth mortgage was paid.
The following comparison for four years is from thecompany'6 renort to New York Slate Engineer fovthe years ending Sept. 30
Gross
Interest,
Net
Esmings.
Earnings. Rentals, Ac.
:

1875-«....
1874-5...
1878-4....

...
.

$15,852,4«1
16,876,858

...

ls,M8,K99

1871-2...

...

18,871,888

.

.

it

(V. 23, p. 329, 450; V. li, p. 444.;

1, 1880
1, 1886
May, 1877
July, 1877

Apl.

Mar.

London.

D.

1000
Jan.

July 1,
A J.
April 1,
A O.
A J.
July 1,
7
A. A O.
Oct. 1.
6
Jan. 1.
J. A J.
Boston.
6 g. M. A .S New York and Boston. Mar. 1,
6A 7 A. A O. Boston, Second N. Bank April 1,
London.
July 1,
6 g. J. A J
7
J. A J N.Y.,Farm,L'an A T.Cd. Jan. 1,
Nov. 1.
7
M. & N
do
do
F. A A
Aug. 1.
7
do
do
7g- M. A N. N.Y.,Farm.L'on A T.Co. May 1,
7g. J. A J.
do
do
3
July 2,
J. A J.
Boston Office.
7
A. A O.
April 1.
do
J.

Dee Hoines it Fort Dodge. Th's is part of the
Des Muiues Valley, reorganized after foreclosure.
Coupons of Jan., 18,7, are funded. (V. 21, p. 488.)

the

March 1,1881
Sept i, ifl07
June, 1802
March. 1888

Boston and London.
Girard Nat. B'k
do
do
Phila., Penn. R. R. Co.
do
do
Phila., Penn. Trust Co.
Phila., Penn. B. R. Co.
N. Y., Co.'s office.
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
do
London.

Q.-M. N.

7
7

1873.

Rio Grande.— Narrow-gnage road (three
feet).
The whole line as projected is 875 miles.
Divides competitive earnings with Kansas Pacific
and Atch. Top. ASF. Defaulted on coupons May,

July 20, 187t>

do
do
do
do
do

Phila.,

Q.-J.

7

Dubuque Southwestern— Farley to Cedar Rapids,
below
la.— Gross earnings, 1874, $117,107— $5,8

181,605.)

D.

3>2g M.'d'S

In 1815 gross

New York

A
A

Office.

do
do
do
do
do

I

earnings were $1,194,268.

and bonds mostly held by
Hudson.

M.

New York

A O.
April 15, 188©
A N. N. Y., Ratten A Beam. Nov. 1, 10OO
J. A J
New Yerk.
Jan. 1, 1904
a
8
A J. N. Y., Mercantile Bank. June 1, 1M!)1
M. A N.
7
do
do
Feb. 1, 188K
7
J. A J.
Boston, Co.'s office.
1007
8
A J.
Julyl, 1889
do
do
M. A N.
8
May 1, 18SO
do
do
7
M. A N. N.Y.,M.K.Jc«up,P. A Co. Msy 15, 1875
8
A N.
May 15, 187K
do
do
7
A J
May 15, 1875
do
do
7
M. A N.
May 15, 1875
do
do
6 A 7 J. A J. New York A Detroit.
July 1. 1886
6 g.
A N. New York A London. Nov. 15, 1873
M. A N. N.Y.,M.K.Jesup,P.A Co. Nov. 15, 187*
7
A. A O.
7
April 1, 1878
do
do
F. A A.
8
Feb. 15, 1885
do
do
7
J. A J.
Jan. 1, 1878
do
do
7
M. A 8.
do
Sept,, 1 1886
do
10
Various
Detroit office.
Various.
1*2
A. A O. N.Y.,M.K.Jeeup,P.A Co. April 15, 1877
7
J. A J.
do
do
1888
7
J. A J.
do
do
1894
7
J. A J. N.Y.,M.K.Jesup,P.A Co.
July, 188.?
A. A O.
7
do
Oct., 1883
do
7g. J. A D. N.Y., N.Y. Cent. A Hnd.
June, 190O>
7
J. A J. N.Y., Brown Bros. A Co. Jan. 1, 1008
3
A. A O. N. Y., R. T. Wilson A Co. April 1, 1876
7
J. A J. N.Y., Gallatin Nnt'lBTt July 1, 1900
6
J. A J. N. Y., R. T. Wilson A Co.
1880 to 1886
6
M. A N.
do
May 1, 1886.
do
4
3
J. A J. Phila., by P. A R. RR.
July 17, 187T
7
M. A S.I Phila., P. A R. office
Mar. 1, 1888
3
J. A J.
July 15, 1873
Boston.
M. A 8
6
do
Sept. 15, 1896

1877, net

earn'ngs for 1876 are given at $4,001,861,
Interest and rentals $8,280,036, balance net income
t^l.ttH. The mortgage authorized for $10,000,000
ialo take up prior bonds with ($,881,030, and the
balance for cash resources. The Morris A Essex
Railroad is leased and some of its bonds guaranteed. (V. 22, p. 212; V. 23, p. 13, 303; V. 24, p.

J.

pal.

by

Whom.

7
A.
7g. M.

mining and transportation. No annnal report is
made, except that required to the State authorities
of PeDn«ylvania. In a brief report, Fcbruaty 20,

Der.ver

ztz

$3,621,260
4.197,728
5,035,161
6 871,965
5,777,88)

$5,5S8,T9-«
6,351.781
5.021,02.'.

M$MM
*HMtt

(V. 22. p. 41. 42. 158, 283. 281, 805. 875, 428. 447. 487,
545, 690; V. 28. p. 15, 63. 104 134. 183, S07. 288,
V. 84, o. 16, 29,
• . 646;
353. 450. 478. 499, 615,
89, 204. 2'8, 249, r.4. 821, 346, 369, 396, 420, 46->, 518,
512; V. 25, p. 118, 162.)

Ml,

62

Erie <e Pittsburg.— Leased in perpetuity to the
Pennsylvania Railroad and transferred to Penn. Co.
the terms guarantee 7 per cent per annum on stock
and debt. Net eamlDgs, 1875, $226,787. V. 20, p.

42S.)

—

Defaulted It
European it Worth American.
1875. A very complete statement of debt, inclsd
Interlng bonds pledged for loans, In V. 21, p. 815.
V. 22
est is paid on 1st mortgace and Bangor A P.
p. 874; V. 23, p. 63, 256, Stf), 868, 547; V. 24, p. 4*&).
<

—Common

stock- k»
EvansvitU <t Crawfordsville
*: ,044,400; preferred, $100,000. Net earnings J875-9,
$-.59,162.
The company has paid interest regularly,
V. 23, p. 499.)
bit no dividends. (V. 21, p.

488;

F.tansvUle, Ttrre Haute et CAI«wo.— In 1874-5 net
earrings were $114,089. (V. 21, p. 1 36.)

FltcMurg.—lrws Vermont
for

some

A

Massachusetts.

1875-6, $529,616; dividends. 8 per cent
years. (V. 21, P- 39, 590; V. 23. p. 548).

Not income,

.

...
....

1

KAILROAD STOCKS AND BONDS.

XX

[August

25, 1877.

Subscribers will confer a great favor by glvlns Immediate notice of any error discovered In these Tables.
Bonds— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
pal, When Due.
Miles Date Size, or
Amount Rate per When Where Parable, and by Stocks— Last
Par
of
notes
of
see
&c,
For explanation of column headings,
Outstanding
Dividend.
Whom.
Payable
I

at the head of

flret

page of

Road. Bonds

tables.

233
233
60
190
17
13

flint d I'cre Marquette— Stock
Consolidated mortgage, sinking fund
1st m. on 30m., 2d on 40; 1. gr. 153,000 ac, 2d d.
1st mort.. land grant 358,000 acres, 3d div
Flint & Holly RR. (sink'g fund $25,000 per year)
Bay City, E. Saginaw, 1st mort.. guar by lessees.
Bay County, issued In aid, guar by lessees
Construction bonds
Holly, Wayne A Monroe, 1st mort., sinking fund.
&N.
S.).
(Fl.
Flushing, Northshore <f- Cent—1st mort.

Cent.

Value.

$100
1872
I860
1868
1868
1867

1.000
1,000

$3,298,200
3,185.000
32,000

8

M.

7

J.

2.072.(1011

8

400,500
100,000
75,000
96,405

10
10
10

M.
M.

500 Ac.
500 Ac.
500

•

2d mortgage

&N.

(Fl.

88
58

8.)

I., 1st mortgage
do
do Extension 1st mortgage
Fonda, Johnstown <t Glorersrillc— 1st mortgage
Baginam—1st mort., coup.
Fort Wayne, Jackson
2d mort. and equipment bonds, coupon

Central of L.

<£•

10
100
100
109
109
26
82
50
35
232

.

Fort Wayne. Muncicit Cincinnati— lntmort..go\a...

2d mortgage
Framinghumtt Lowell— 1st mortgage bonds
Galveston, Uarrisb.it San Antonio—1st mort, gold...
Galveston, Houston it Uend. of 1871— 1st mort...
Geneva, Ithaca it Sayre— 1st mort., s. f., gold
Georgia Railroad it Bunking Co.—Stock
Bonds, not mortgage
Oilman, Clinton at Springfield— New bonds
Grand Rapids it Indiana—Stock
1st mort., land grant, gold (guar, by Pa. RR)
1st mort., land grant, gold, not guaranteed
Income mortgage bonds, for $10,000,000
Grand Trunk (Canada)—Consolidated stock
New stock for £10.000.000
Debenture stock for £3, 000,000 (act of 1874),
Canadian debentures
Equipment mort., 1st on all rolling stock
do
do
do
2d
Postal bonds, Ac, secured by gor't business
1st prof, bonds, con v. into 1st pref. stock
do
2d
do
do
2d
3d
do
conv
stocky
Western
Common
Great
( Canada)—
Preferred 5 per cent, convertible into common.
Debentures

1869
1869
1875

1,377

1873
1875

.

.

.

Gulf, Western Texas

Hann ibal

Pacific— 1st mortgage

Naples— lit mortgage
it St. Joseph—Common stock

Preferred stock (7 p. c. yearly, not cumulati ve)
Missouri State loan
•Land grant mortgage
Bonds 1870, convertible
1st mortgage (Quincy A Palmyra RRK
1 st mortgage (Kansas
(Ka
City A Cam. RR.).
1st
Barrisb., Portsm'th, Ml. Joy it Lane. Stock .

. .

iibo
£100
£100
£100

it Texas Cent.— 1st M., (main) gold, l.gr.,s.f
1st mort., West div. (Hempstead to Austin)
1st M., gold, Waco A N' west (Bremoud to Waco)
Consol. mort., I. gr. (coupon, but may be reg'd)
Huntingdon it Broad Top—\st mort., gold
2d mortgage, gold
3d mortgage .consolidated
Bcrip for past due coupons
. .
.

Central—Stock
Redemption, 1st and 2d series
General mortgage, sterling
Sterling bonds, (sinking fund £20,000 yearly)
Mortgage, sterling

Illinois

.

sales in 1876, 7,538 acres, for $76,2i0;
total to Jan. 1, 1877 870,343 acres, for $2,219,005;
lands yet unsold, 241,158 acres. Coupors on consol.
1875, and part were funded.
23, p. 159; V. 24, p 297.)

(V.

p. 668; V.
Flushing, Northshore & Central.— A consolidation
in 1674 of seven companies. Now teased to L. I.
BR. There arc. in addition to above, $125,000 N- Y.
Flushing RR. 7s; $149,u00 North Shore 7s; and
$93,000 Whltestone A Westchester 7s.
Fonda, Johnstown <t Gloversville.— Net earnings

A

187J-3, $45,957.

Fort Wayne, Jackson & Saginaw.— Traffic guarantee 40 per cent from Michigau Central. Interest was
passed January, 1874. Gross earnings, 1874, $282,832;
(V. 20, p.

691 V
;

22, p. 352.1

Fort Wayne, Muncie <fc Cincinnati.— Receiver
appointed Nov. mber, 1874. (V. 23, p. 896.)
Framingham <e Lowell. -Leased to Boston. Clinton & Fitchbnrg; has also $150,000 8 per cent bonds.
Galveston, Ilarrisburg it- San Antonio. Net earn
ings 1876, $109,416. (V. 22, p. 375; V. 23, p. 428: V.
24, p. 135.)
Galveston, Houston dk Henderson.— (V. 22, p. 815;
V. 24. p. 181.)
Geneva, Ithaca, <fc Sayre.— Sold Sept. 2, 1876, and
reorganized, this mort. being the old I. & A. mort.
(See V. 23, p. 256, 304. 451 V. 24, p. 110.)
Georgia Railroad <£ Banking Company —The annual report for the last fiscal year, ending April 1,
1877, was published in V. 24, p. 466. A comparative
statement for three years was as follows:

—

;

1874-8.

1875-6.

1876-7.
$1,143,123
613,110
455,809
552,646
500,017
this company, with the Central Georgia,
foreclosure sale the Western Railroad
(V. 21, p. 395; V. 22. p. 40324
•»."•.

Tot. gr. earng's... $1,281,907 $1,194,824
Operat g expenses.
826,097
611,677

purchased at

of Alabama.
p.

466,

468, 495;

V.

V

25, p. 90.)

Oilman, Clinton * Springfleld.— This company
defaulted in 1874, and was sold June 8, 1876. A new

20(1.00(1

300,000
1,500,000
500,000
1,800,000
500,000
500.000
1,700,000
1,493,000
600,000
4,200,000
530,000
300,000
2,800,000
4,000,000
3,787,000
213,000
£3,486,787
7,500,000
1,060,000
3,111,500
500,000
500,000
1,200.000
3,218,149
2,327,808
7,166,910
£5,463,978
505,753
2,001,480
127,000
485,000
62,000
1,000.000

8

7
7

7
7
7
8
8

S*
7
a
7
7
3
7

g.
g.
g.

7

g.
g.

50

500&C

700,000
481,000

1,000

1853-7

1,000

100
100

1867
1853

500
500

1,574,000
820,000
1,180,000
100,000
300,000
150,000
6,227,000
2,305,000
940,000
2,864,000
416,000
367,500

1,000

1,383,00(1

100
100
1869
1873
1866
1870
1873
1872
1854
1857
1865

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

ioo
500 Ac

£200
£200
£200

97,907
20,000,000
2,500.000
2,500,000
4,598,000
1,000,000

7

M.

&
A

7
6

J.

A

7

A.

8

M.

J.

8

F.

10

J.
J.

313

6

3.
j.
j.

F.

7gg.

J.
J.
J.

7g-

A.
A.

7g.
7
8
7
6

g.

A7

&

F.

A.

JA.
lA.
5 g. |A.

Og.
B

g.

Gross earnings in half year
1,
1877, £893.88?; expenses, £716.640:
net earnings, £177,24!. (V. 32, p. 445; V. 23, p.
134, 159, 477, 548; V. 24, p. 396. 407.)
Great Western (Canada).— The above figures are
given In pounds sterling. Company operates several
roads in Canada, amounting to littft miles, and the
Det. & Milw 189 miles. For the half vear ending
Jan. 31, 1877, tha gross receipts were £401.628;
working expenses £313,715; net earnings. £87,913.
(V. 22, p. 440; V. 23, p. 134. 159, 379, 4*6; V. 24,
p. 396, 467; V. 55, p. 113)
Greenville <r Columbia.— This company defaulted
several years since, but compromised with its bondholders.
(V. 20, p. 568; V. 22, p. 110.)
Gulf, Western Texas <t Pacific.— Sold April 3,1877,
for $100,000. (V. 20, p. 428; V. 23, p. 256, 353.1
Hannibal dk Nailes. Sold in foreclosure of 1st

J.

Perpetual.
July, 1876

1877
1878

Oct.,
Oct.,

Co.'s Office,

1874
1874

April.
April,

Dec., 1890
1881 to 1386

do
1908

J

Jan.

Nov.l, 1888
N. Y., B'k. No. America

J.

do
do
do
do

do
do
do
do

O.
8.

A.

J

Phila. Co.'s Office,

J.

do

do

j

Hartford,

j.

Am. Nat. B'k
do

do

j.

Bridgeport A Boston.
Bridgeport and Boston

& A

A
&
A
&
&
&
&

do

N. Y. Nat'l. City
,

Bank

do
do
do

do
do
do

Philadelphia, Office.

do
do
do

do
do
do

N. Y„ Co.'s Otlice.
N. Y., Co.'s Office.
London.
Loudon, Morton R.& Co

&
&
&
&

do

do

mortgage,
.316,

Perpetual.
Irredeemable,
Irredeemable.
Irredeemable.

N.

F.'a

2
6

ment was made with Continental Improvement Co.,
whereby that Co. surrenders the 1st mortgagj gold
bond after redemption hy sinking fund, and takes
income bonds instead. (V. 21, p. 110, 631; V. 24. p.
•a*.)
Grand Trunk ( Canada). — The above figures repre-

—

A
A
A
A
A
&
&

do
do
do

do

,

,

do
do
do
Columbia,
do

1877
1920

April,
Jan.,

London A Montreal,
do
do
Loudon Joint Stock B'k
do
do

Q.-J.

16)

ending Jan.

•

7

Grand Rapids <& Indiana.— An official description
of bonds was given Jan '75. as follows: $4,000,000
arc " Guaranteed Bonds." Principal and interest
guaranteed by the Pennsylvania Railroad Company, and are also a lien" upon the land grant.
No. 1 to 4.0 0.
83,020,000 are " Unguaranteed
Bonds." which are
the
same
secured by
mortgage as the guaranteed bonds on the en
tire land grant.
$.180,000 are "Ex. Lund Grant
Bonds," being a part of the orignal $1,000,000 unguaranteed bonds, which have from time to time
been redeemed by the operations of the sinking
fund. When the land certificate is detached they
are no longer a lienou the land, bnt, by the terms of
the trust deed, remain a fl st mortgage on the whole
line and appurtenances. Dec. 1st. 1875, an agree-

sent ponnds sterling.

London, at Co.'s Office
do
do
do
do
do
do
do
do
do
do

A.
J.

1899
1899
1906

do
do

do
do

A S

Various F.

$2,000,000 stock issued
to old bondholders. In July, 1877. passed into 111.
Central control.
(V. 23, p.' 86, 428; V. 24, p, 274;
25, p.

,

&O
J
& A.
J. A J.
5*
5 g J. & J.
4 g. J. & J.
Hi A. A O.
2^1
A. A O.
5
J. & J.
6
J. & J.
5>*
A. A O.
A. & O,
5>s
6
J. & D.

I*
6g.

A Co

N. Y. Winslow, L.

&O

A.

M.

company was organized and
V.

1887

London.

& J

J.

632,237
1,386.000
675,000
9,167.700
5,087,224
3.000,000
159,000
4,000,000
500,000
1,200,000
1,182,550

1868

1864
1875
1874
1875

.

400,000
1,000.000

8

1,413,071

707

Pere Marquette.— Gross earnines 18,6,
net earnings, $366,074. The lands are in

bonds pnscd Nov.,

343
118
47
461
58
58
58

1,000,000
800,000

1

1876

120
120
74

Houston

Net earnings
In May, 1875,

£26
£100

£20h

26ia 1853
95»2 1850-2

I.)

2d mortgage

net, $127,309.

l.ooo
1,000
1.000

£100

Bonds of 1809
Bonds of 1873

21,

100 Ac
100

350
350
350
350
350
145
143

15
53
54
54

.Hounttonie— Stock
Preferred stock

it

1,000
1,000

1863
1870

—

1st mortgage
Sari/.. Prov. it Fishkill— 1st mort. (R.
1st mort. (Conn.)

Flint

1,000

1,000
1,000

495%

143
69
43
275
275

it

? 1,000,868;
ve trust;

500 Ac
500 Ac,
100 Ac

Various

New mortgage (for $2,500,000)
Hannibul

1,000

1871

1873
1872
1870

Bonds not guaranteed
<£-

l'.OOO

500 Ac.

1877

335
335
335
335

.

Mortgage bonds, coupon
do
do
do
do
New bonds, coupon
Greenville it Columbia— 1st mort.,guar.by State

1871
I860
1870
1872
1873
1870
1869
1871
1869
1871

& N. N.Y., Mereh'nts'Ex.B'k. May, 1902
& J. N. Y., Mechau. Nat. B'k. Jan. 1 1887
1888
do
do
Sept.
A 8.
do
May 1 1888
do
& N.
1882
J. A J. Newark, N. J., Sav. Ins. July 1
Sept. l 1887
New York.
M. A 8.
Jan. 1 1876
do
J. & J.
1901
J. A J. N. Y., Mecli., Nat. Bank. Jan. 1
M. & N. N.Y., Chatham Nat. Bk. May 1 1889
do
do
M. & N.
Mar. 1, 1902
do
do
M. A 8
May 1, 1903
do
M. & N.
do
J. A J N. Y., St. Nieh. Nat. B'k. July 1, 1900
J. & J. N. Y., Farm's. L. A T. Co. July 1, 1889
do
Oct., 1881
do
A. & O
Oct., 1889
Boston, Office,
A. A O.
April, 1896
do
A & O,
1891
1910
F. A A
Bost. A London.
July 1, 1902
J. A J N. Y., V. P. James & Co
July 1, 1890
J. A J. N. Y., Metrop. Nat. B'k
Jan. 15, 1877
J. A J Augusta.Ga., RR. Bank
yearly to 1890
J. A J.
do
do

May 22,

1,

Aug., 1870
1884- 1887
April 1 1881
Mar., 1885
Jan., 1892
Jan., 1886

July
July
Jan.
Jan.

I
1,
1
I,

1877
1883
1876
1876

Julv 14, 1877

1885
1889
1883
July 1, 1891
Julv 1, 1891
July 1, 1903
Oct. 1, 1912
Oct. 1, 1890
Feb. 1, 1895
April 1, 1895
Aug.

1,

April

1.

April

1,

April

1,
1,

Dee..

1877, for $250,000.

1877
1890
1885
1903
1905

(V. 24, p. 136,

495.

Joseph.— The company has over
$2,500,000 in land notes, and about 100.000 acres yet
unsold. No report has been issued since 1872. (V.
23,p.H2.478; V.24, p. 40, 198,558,614; V. 2\ p. 163.)
Ilarrisburg Portsmouth Mount Joy if Lancaster.
Leased to Pennsylvania Railroad, which owns a

Hannibal

<£

SI.

—

majority of the stock.
Hartford, Providence dt Fishkill.—This road forms
a part of the proposed line of the N. Y. & New
England Railroad. The bonds fell due Jan.. 1876.
but cltv of Providence declined payment and suit
is pending.
(V. 22, p. 87, 304; V. 24, p. 1 56.)
Housatonic— Lease? Berkshire Railroad, Stock
bridge & Pittsfleld, and West Stockbridgc. Gross
earnings in 1S75 6were f656,544; net, f255,lll. CV.
2J, p. 232; V.24, p. 274.)
>n„ n
Iloustonil Texas Central.— Qross earnings in I816
were $3,162,518; net earnings, $1,277,321. Interest
'77.
was
made
application
charge, S'lSO.OOO. In Mar.,
for a receiver.
(V. 22, p. 328; V. 23, p. 158: V. M,
p.G4, 227, 219, 275, 299, 346, 369, 420,

=144.

468, 495, 518.)

Huntingdon <fi Broad Tbn.-Capital stock is $2,052,800. Gross earnings in 1876 were $270,141; net.
*14').8I5.
Interest passed on 3d mortgage bonds.
(V. 22, p. 206; V. 24. p. 36«.l
Illinois Central.— A general mortgase provides for
It is limited to
all the bonds now outstanding.
$15,000,000. The Company has become interested
in the pnrchasc of the N. O. Jack. & Gt. North on
foreclosure, ar.d will probably haven similar Interest
in the Miss. Central when sold under consolidated

The annual report for 1876 (V. 24, p.
134 and 363) gives caus-s for decreaso in earnings,
prospects. &c. The following is a comjiarison for
Interest,
four years:
Gross
Net
mortgage.

Year.
1876
1875
1871
1873

Earnings.

Earnings.

&c.

$616,792
$2,141,776
2 67.1,081
601.098
.11.1,010
2,775,362
8,268.32.5
2,530.890
558,437
16. 256; V. 21, p. 451, 525; V. 24, p. Ill,
$7,040,969
7.S02.556
7,900,721

(V. 22,

p.

134,

158.

368,414,5:8.1

.

August

l'ur

:

RAILROAD STOCKS AND BONDS

25, 1877.]

zzi

Subscribers will confer a great laror by giving; Immediate notice ot «nr error discovered In these Tables.
Bonds— PrinciINTEREST OU DIVIDENDS.
DESCRIPTION.
Miles Date
Size or
Doe.
Amount Rnte per When Where Pavalvlo and by pal, WhenLast
of
of
par
explanation of column headings, Ac see notes
Btodu
lload. Bonds Value. Outstanding
Cent.
Pay'ble
ut tin' band of ilrst page ol tables.
whom.
Dividend.

Woomingkm

HVsf.— 1st mort., gold.

2(12
2112

a \v.. Extension, 1st mort.! gold....
Indian'poliiDte.d Air. 1st M.,eld(for$l, 800,000)
2d mort.. liiu
ie bonds only till July. 1881)
Indianapolis, Cincinnati
LafayeUe stock
Preferred stock dunned for funded debt bonds).
Indianapolis .v Cincinnati of 1868
Indianapolis, Cincinnati .v Lafayette
do
do
do

217
85

tndianapotit,

.e

2d mortgage
Ind.,

liiiiiiin.,

1869
lsTo
1872
1876
1876

.

.1

1875
858
1867

90

1

151
170

I'; in.l.
Interest bonds, coupon
Bqnlpment bonds, registered
iV End., 1st mortgage
do
M., guar. ($1,000,000 due '77 ex t. to '92)
rmWnanuiuffi 4 .SI Louis— 1st inert., In 3 series
2d mortgage
Equipment bonds
Inditina/tolis A Vincennes— 1st mortgage, guar

ISO!)
1-7:;
is7:i

.1

Cm.

20
20
71

'.'.I

71

117
117
459

M mortgage, guaranteed
International
Kor U

if- tirent
ks rn Consol. stock
International, 1st mortgage, gold

201

1S7I

255

1872

A

A

lsl

II.

Madison & Ind., 1st mortgage
do
do
2d mortgage...
Joliet <£ Morthern Indiana— 1st mortgage
Junction, Philadelphia— 1st mortgage
:
2d mortgage
Kesntat Cil>/. SI. Jottph A foitncil Muffs—Stock.
lsl mortgage. Council Binds A 8t Joseph
Kanstw City, St. Jo. & C. Bl., mortgage
do
do
income bonds, reg.
.

.

250
9
38
226
86
159
159
44

1870
1867
1869
1862
1866
1870

1'-

1871
1871

.

months. Aug. -Dec

.

P-76,

$610,5-26; net, *3d3,03.'
V. 22. p. 257; V. 23.
p. 181, 873.)

464, 465;
377; V. 24,

IV. 81, p. 207, 3;7.
p. 112, 125, 183,

Indiana/toOs, Decatur <r. Sprlng/leld -This embraces the former Indiana A Illinois Central. The
second mortgage is issued to holders of old LA I.C.
firsts, and till July, lssi. Interest is payable out
of
net earnings only, if sufficient. The remaining 67
miles to Indianapolis is in progress.

IndutnapoUt <t St. Louis.— The stock, $601,000, is
owned by Pennsylvania Co. aud C. C. C. A I. This
company forms part of the Pennsylvania system, and
leases the St. Louis, Alton A Terrc llauto. (V 21
v
p. 39i; V. 21, p. 493.)

Indianapolis A Vincennes.— \t controlled by Pcnn.
Co through stock ownership, and interest is guaranteed by Pcnn. Railroad.
Net earnings in 1S73
,

were $32,708.

(V. 20, p.

1, 700.0(H)

1,000

1,150.000
5,500,000
3,204,000

1,000
1,000

100
500 Ac
1,000
1,000
1,000
1,000
1,000
1.IKHI

100 Ac.
100
100

1,000
1,000

100
100

,

Indianapolis, Cincinnati <4 Lafayette.— The company defaulted July, i-ttti, and Mr, Ingalls, President,
wan SBpointed receiver.
Gross earnings, five

500,000

500 Ac

673
245 1869
1,000
140 1865
1,000
253 1S66"
1,000
394 1865
34 1866
1,000
427 1866 100 Ac
1870 250 Ac
1,000
1871
56ia 1873
1,000
33 13 1873
1,000
99 1853
1,000
99 is.-,:,
1,000
162 1874
lOOAc.
1874 100 Ac.

.'.

1870
1870
1873
1872
1809
1

s .">.->

1857
1859
1867
1869
1855
1866
1862
1866
1868
1876
1869

l.l!i7.ooo

2.000,000
l.ooo.ooo

100

I860
1S77
1877

I

353,000
500,000

fee

1,000
1,000

100
500 Ac.

i

Indianapolis, Bloomington <e Western— Default was
made July. 1874, and decree of foreclosure made
In May, 1877. Receiver's certificates issued to considerable a nount. 'i-fco Danville, Urbana. Bloomington A l'ekln Is part of this road. .V. 82. n IB
61. 110, 2,-,7. 375; V. 3i, p. Hi, ui. 478; V. 24, p. 156,'
•*«•».
468, 542, 590; V. 35, p. 62, 163.)

150 Ac

1869

Kentucky Central— 2d mortgage
3d mortgage
Keokuk t£ Des Moines -1st mortgage
Funded interest bonds
Knox rf Lincoln— 1st mortgage
Lafayette Bloom nylon <t Hiss.— 1st mortgage .....
82
Lafayette Muncie d Bloomington— 1st mortgage.
37
Lake Shored Michigan Southern—Stovk
1181
Guaranteed 10 per cent stock
Consol. 1st mort., (sink, fund, 1 per cent) coupon
864
do
do
do
registered
864
2d mortgage, do. (for $25,000,000) coup, and reg. 864
Income bonds (s. f. $000,000 per yr.) coup, or reg.
Mortgage bonds of Oct., 1809. sinking fund
864
1st mortgage, sinking fund, M. S. A N. I
451
2d mortgage. Michigan Southern
451
2d mortgage (C, P. A A. RR.) registered bonds
95
8d mortgage
do
95
Lake shore dividend bonds, April, 1869
258
1st mortgage (C. & Tol. RR.) sinking fund
162
2d morti:
do
162
""!""
Buffalo A Erie, mortgage bonds
88
do
do
88
do
do
88
Dot. Monroe A Tol., 1st mort., coup., guar...
62
Kalamazoo A White Pigeon, 1st mortgage
37

first

1,(1(1(1

l.diKi

41

247
52
217

Pacific Stock
1st M., 394th to 639th mile. I'd gr., 3,000,000 ac's
1st mort., gold, coup., on 1 10 miles west Mo. Riv.
1st mort.. gold. 1 40t b to 393d mile
2d mort (to U. 8. Gov.) on 394m. west Mo. River.
1st ni.nt.. coup.. (Leavenworth Branch)
Income bonds, coupon, 3d mortgage on 127 miles.
1st bind b'ds, op, or reg., gold, on 2,000,000 acres
2d land mort., do
do
do
Arkansas Valley, 1st mortgage, gold, guaranteed
June. C. A Fort K., 1st mort.. gold, laud gr., guar

:is,ooo

2,067,000
8,587,150
1. 119. too
1,600,000
2,800,000
1,767,000
16,300

1874

is 72

.

—

Kansas

1,(1(1(1

50
100
500 Ac

5

1

1,000

184

(J. >'.

Jcffcrsonvillc,

,-...".00,000

459

mortgage, gold...

convertible bonds
do
do
2d mort., (cxch'ble for convert.)
Intra falls <£ Sioux Oily Stool
lsl mortgage, April 1, '69
Iron Mountain, fttr.strr at K.— 1st mortgage* gold..
Jaeksonc, I'ens.d- J/06.— Florida state bonds, gold.
Jefferson (Pa.)— lit A 2d marts. (Hawley Branch)
1st mortgage (Susquehanna to Carbondale)
JtffertonvitU, Madison d Tndinnapniii fltock
Indianapolis & Madison. 1st mortgage
Int.

$5,000,000
,500,000

1,0(1(1

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

'.

Houston A Great Northern,

1SH2
1S07
1869
1870
1871

1,000

$1 .000

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

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

I,

lis l.lioo

2.907,000
2,052,000
1, 025,000
2,11(10.000

600,000
4,000,000
300,000
2,000,000
2,000.000
397,000
2.526,000
2,000,000
800,000
500,000
300,000
2,789,413
500,000
4,500,000
2,500,000
10,000,000
6,404,000
2,240,000
4,063,000
6,303,000
600,000
4,275,350
1,706,250
1,500,000
1,125,000
600,000
844,000
237,000
2,300,000
254,800
2,395,000
1,300,000
666,000
49,466,500
533,500
1,210,000
4,457,000
9,105,000
3.395,000
1. 07],

OOO

5,256,000
2.310,000
1,000,000
1,000,000
1,402,000
1,595.000
849,000
200,000
300,000
2,850,000

924,000
400,000

Iowa Falls <* Sioux City.— Leased to Illinois
tral at 35 per cent, on earnings.

New

York,

N'cw York,

C'o.'s

Oftice

do

do

1900
1890
1912
Jan. 1, 1906
July 1, 1906
Oct.,
Oct.,

do
do

A O. N. Y., Amer. Ex. Bank April, 1888
A A.
do
do
Feb., 1897
A
D,
June, 1899
7
do
do
7
M. A 8,
do
Sept. '78,'80,'83
do
10
M. A 8.
do
do
Sept. 1, 1883
Hit., 1892
J. A D
do
7
do
7
a j. New York and Boston Jan. '82, '87, '92
Various N. Y., Union Trust Co. July 1, 1919
7
A. A O
7
do
Oct, 1, 1900
do
J. A
8
do
do
July 1, 1881
F.
A A. -V. Y., Farm. L. A T. Co:
7
1908
M. A N.
6
do
do
1900
"7g. A. A O. N.Y.. National City B'k April 1, 1911
J. A J.
do
Jan. 1, 1900
do
A A.
do
Aug. 1, 1892
J* F.
do
F. A A.
8
do
Feb. 1, 1904
do
1
Q.— M.
Dec. 1, 1876
A. A O. N. Y., Nat. Park Bank. April 1, 1899
7
May. 1901
S M. AN.
J. A J.
New York.
l
1900
J. A J. Honcsdale Nat. Bank.
7
1887 A 1889
J. A J. N. Y., by Eric Railroad. Jan. 1. 1889
7
1% Q.—F. N. Y., Farm. L. A T. Co. May. 1877
M. A N
do
7
do
May 1, 1881
A. A O.
do
7
do
Oct. 1, 1906
J. A J
do
7
do
July 1. 1910
J. A J N. Y., Farm. L. A T. Co. July 1, 1874.
8
J. A J
Philadelphia Office.
6
July 1, 1882
A. A O.
6
do
April 1, 1900
do
"7
J. A J.
Boston, at Office,
Jan. 1, 1880
J. A J.
do
7
do
Jan. 1, 1907
A. A O.
do
6
do
Jan. 1, 1907
"7 a. M. AN. N. Y., Loud. A Frankft May 1, 1899
N. Y., Bk of Commerce. Aug. 1, 1895
%* J.F. AA A.
D.
do
do
June 1, 1896
««•
Payable >4 by transportation.
1895 to '97
M. A N. N. Y., Bk of Commerce. Jan. 1, 1896
7
M. A 8.
do
do
July 1, 1916
7
J. & J. N. Y., Lond. A Frankft. July 1, 1880
M. A 8.
New York.
Sept., 1886
A. A O. New York A Frankfort. April 1, 1903
l e A. A O.
New York.
April 1, 1903
I"' M. A 8. N. Y., Bank of America. March, 1883
do
J. A D.
do
June, 1885
7
A. A O.
New York Office.
7
1904
A. A O.
do
do
1884
8
New York.
Aug., 1901
g F. A" A.
i
Aug., 1901
7 g. F. A A.
F. A A. X.
1'4
Chase A Atkins
Feb. 1, 1877
F. A A.
do
do
Aug. 1, 1877
5
J. A J.
July 1, 1900
7
•Jrfte
July 1, 1900
7
Q.-J.
S3
J. A D.
Deo. 1, 1903
7
A. A O.
Oct. 1, 1882
7
US2J££
A. A O.
7
Oct. 1, 1879
M. A N.
May 1, 1885
7
>^*>5s
°«a»
M. A N.
Nov. 1, 1877
7
J. A J.
Jan. 1, 1880
7
SStsO
A. A O.
7
Oct. 1, 1892
A. A O.
April 1, 1899
7
J. A J.
July 1, 1885
7
fxtSg
April 1, 1886
A. A O.
7
«-LSS
J. A J.
July 1, 1882
7
M. A 8.
Sept. 1, 1886
7
S-fL.,2
A. A O.
April 1, 1898
7
F. A A.
Aug. 1, 1906
7
5-<aP
J. A J.
Jan. 1, 1890
7
7
7

A.
F.

J.

.r.

.1

-

-

-

—

Jacksonville, Pensacola dk Mobile. This road is
mortgaged for a like amount of Florida State bonds,
and is held by the state and noticed for sale April

(V. 22, p. 158; V. 2i, p. 63, 856, 576; V..24,

p. 40, 204.)

Jefferson.— Leased to the Erie Railway Company,
which pays interest on the bonds. (V. 14, p. 688.)

Madlso* it Indianapolis.—Xeascd
Pennsylvania Company for interest
and sinking fund of bonds, and 7 per cert, a year
on stock. Lease guaranteed by Penna. Railroad.
In 1875, net earnings were $468,881. •(Y. SO, p.
Jeffersonrtl'e,
1,

AO
A J
A
A O
A J
.1

A.

Si, p. 614.)

Jan.

A.
J.
J.

Iron Mountain, Chester <t Eastern.—This was formerly the Chester A Tamaroa. Bonds arc in default since 1873, and foreclosure sale ordered. (V.

S, 1877.

'

J.

1873, to

426.)

1".,

mile westwaid. The company paid half the interest
on its bonds, (except incomes), after defaulting In
1873, up to November, 1876, and then went into
hands of receivers. (V. 38, p. 548; V. 23, p. 38, 8t>,
478, 499, 515, 576; V. 84, p. 136, 411, £41.)

—

Kentucky Central. This was formerly Covington
A Lexington. The company recently purchased
the Maysville A Lexington road. In May, 1877,
it paid a dividend of 3 per cent on preferred stock
and 8 per cent on common stock. (V. 20, p. 500; V.
21, p. 39; V. 24, p. 4.i5.)

Keokuk <t Des Moines.—Formerly East. Div.of Des
Moines Valley. The stock is $1,584,000 oref. and
$2,400,000 common. In year 1876-7 gross earnings
were $581,999; net, $170,443. (V. 20, p. 520; V. 82,

588;

p.

Knox

V.
Jb

81, p.

617.)

Lincoln.— Annual report, V.

28, p.

304.

northern Indiana.—Mich. Central offered
to extend with a 6 per cent, bond, bnt court decided
that total rent must be applied to principal and
Interest of bonds; still in litigation.
Overdue in-

Lafayette Bloomington Jb Miss. - Formerly leased
\\ '; now te Laf. Muncie
Bloom.
to Tol. Wab.
(V. 83, p. 858; V. 21, p. 445, 468, 518.)

was paid May, 1877. (V. 80, p. 85, 140, 489;
V. 81, p. 110; V. 81, p. t67; V. 24, p. 443.)

Lake Shore <ft Michigan Southern.— The bonds, as
above given, are the amounts actually outstanding
after deducting those in sinking fnnds. The semiannual statement to July 1, 1877, showed s surplus
The annual
of $354,000, after paying intere-t.
report for 1876 was published in the Chronicle,
V. 24, p. 418. Tne following shows a summary

Joliet <t

tcresl

—

Junction(Phil.'\ Owned by connecting companies.
Cost of road $898,311; paid-up stock, $186,000.

420.)

International ,f- Great, Xorthern ( Texas).— This was
s consolidation of the International and the Ilouston
Great Northern. Interest passed and funded. A
new funding proposition offered Marci), 1S.77, see
V. 24, p. 89'. The company had an issue of Texas
bonds granted it, but the grant was repealed and
land given instead. (V. St, p. 398; V. 83, p. 403:
V. 84, p. 2!rt.)

8

I

Kansas City, St. Josej>h <fc Council Bluffs— The
is made of the securities as issued
since re-organization. Annual report of operations
In 1876, and outline of plan f jr issue of securities,
in V. 25, p. 63.
(V. 20, p. 475; V. 28, p. 2S3,
above statement

495.)

Kansas Partite— In 1876 gross earnings were
and net earnings $1,880,467, against
$l..">7i,s80 in 1875.
The land grant is in two trusts,
Cen- 8,no»,000 acres in the first, from the 1st to the 380th
mile, and 3,000,000 acres in the second, from 3*X>th
$(.0o0,H0\

A

A

for the years

named

1874.
1875.
COT.
1,175
1,176
1,175
Miles
Gross earnings.. $13,949,176 $14,43U!>3 $17,146,130
10.53:,500
9,574,835
11,152,371
Operat'g exp'es.

Net earnings....
Stock
Total debt

4.374, 341
50,000.000
37,584,000

Of. **. p. 3S, 251, 922; V.
1«,

»•)

3.908,697
50,000,000
87,774,000

«,

,

p. 18,

418;

5,993,759
50,000.000
38.035,000

V.

25, p.

—

.

1

.

RAILROAD STOCKS AND BONDS.

ixii

[August

25, 1877.

Tables.
Subscribers will confer a great favor by giving Immediate notice of any error discovered In these
PrinciBonds—
DIVIDENDS.
INTEREST OR
DESCRIPTION.
pal, When Due*
Miles Date Size, or
Amount Rate per When Where Payable, and by Stocks— Last
Par
of
notes
of
For explanation of column headings, &c, see
at the

head of

first

page of

Road. Bonds,

tables.

Michigan Southern— (Continued')—
& Three River. 1st mortgage
1st mortgage
Kalamazoo, Allegan & Gr. Rapids, 1st mortgage,
stock, 6 per ct. guar.
do
do
Jamestown & Franklin, 1st mortgage
2d mortgage
do
do

Lake Shore

Value.

<£

Schoolcraft

Kalamazoo & Schoolcraft,

Lake Superior <t Miss— 1st
Lawrence—Stock

mort., gold,

l.gr.,s.f

1st mortgage
Leavenworth Atch. <tN. IF.— 1st mort., guar
Leaven., Law. <& Oalv.— 1st mort., l.gr. ,s.f ., conv
Kansas C. & Santa Fe, 1st mort. guar
Southern Kansas, 1st mort., guar
Lehigh <£ Lackawanna—1st mortgage
Lehigh Valley— Stock, common and pref
1st mortgage, coupon and registered
2d mortgage, registered
Gen. mort., gold, $ & £ (s. fd. 1 p.c. y '1 y) coup. & reg.
,

12
13
58

1867
1867
1868

"51
51

1803
1869
1869

156
22
17

1865
1870
1869
1870
1873

21
145
33
10

1,000
1,000

500 &c
50
1,000
1,000
1,000
1,000

15

50

202

Outstanding

$100,000
100,000
840,000
610,000
433,000
500,000
4,500,000
450,000
341,000
500,000
5,000,000
720,000
160,000
300,000
27,092,297

5,000,000
6,000,000
13,186,000
1.697,000
Delano Laud Company bonds, endorsed
1,545,000
19
Spruce Creek— 1st mortgage.
Lewisburg Centre
"50
4,608,000
141
Little Miami—Stock, common
1,000
1,500,000
81 1853
1st mortgage
525,000
1,000
1864
Street connection bds (joiutly with Cin.& Iud.RR.)
5,000,000
123
Little Kock <& Fort Smith—New stock
1,000
2,000,000
123 1875
IstM., ldgr't (750,000 aes)s.fund (for $3,000,000)
750,000
1,000
70 1870
Little Kock, Fine Bluff £ N. O.— 1st mortgage
50
2,646,100
31
Little Schuylkill Stock
723,500
31 1857 500 &o.
1st mortgage, sinking fund
1,500,000
92 1870 •100 &c.
Logansp't, Crawfordsv. <£ S. W. of Ind. 1st mort., g.
3,300,000
50
158
Long Island—Stock
500
1,446,500
95 1870
1st mortgage, main extension and G. C. Branch.
106,500
500
4 1873
Newtown & Flushing
250,000
500
10 1871
New York& Rockaway
500
600,000
19 1871
Smithtown & Port Jefferson
50
2,623,483
175
Louisville, Cincinnati^ Lexington Stock
851,000
100
Preferred 9 percent stock
74,519
Bonds to State Kentucky (perpetual loan)
100,000
1,000
65 1851
Louisville loan (to Loulsv. and Frankf't)
3,000,000
1,000
175 1867
Louisville, Cincinnati & Lexington, 1st mort
981,000
1,000
do
2d do
175 1870
do
do
100
9,003,218
605
Louisville <« Nashville— Stock
849,000
Louisville loan, main stem (no mortgage)
225,000
1856
1,000
Lebanon branch, Louisville loan
1,000
77,000
1863
Lebanon branch, 1st mortgage
1,000
333,000
extension, Louisville loan
1863
do
1,000
7,109,000
392 1868
Consolidated 1st mortgage for $8,000,000
1,000
2,000,000
392 1873
2d mortgage bonds, gold, ooup
£200
3,500,000
Memphis & Ohio, 1st mort., sterling, guar
130 1871
*200
2,369,710
Memphis & Clarksville br., 1st mort., sterling
83 1872
200,000
Lowell <& Lawrence—Stock
12
600,000
Yob
Lykens Valley—Stock
20
400,000
ifacon d A ugusla—1st mortgage
77 1867
1,000
370,000
1,000
2d mort., endorsed by Georgia Railroad
77 1869
1,100,000
Macon A Brunswick 2d mortgage
197>a 1869 500 &c.
150,000
Equipment bonds
500
"39 1870
600,000
Madison & Portgage 1st mort., gold
1,000
Manchester <e Lawrence—Stock.
100
1,000,000
26
Maine Central Stock
100
3,620,120
357
1st mortgage, consolidated
2,796,500
357 1872 100 &c
Bonds ($1,100,000 loan) A. &. K. RR.
1,100,000
1860-1
Extension bonds, 1870, jgold
496,500
19 1870
Maine Central loan for $1,100,000
756,800
1868
Leeds & Farmington Railroad loan
633,000
38 1871
Androscoggin Railroad, Bath City loan
425,000
1861
"72 1863
Portland & Kennebec, 1st mort., extended
100
217,300
do
do
consolidated mortgage
1,166,700
1865
100
"33 1870 500 die
Belfast & Moosehead, 1st mortgage
150,000
Mansfield, Coldwater <e L. M.— 1st mortgage
1,600,000
90 1871
Mansfield <£ Framingham 1st mortgage
300,000
22 1869
Marietta, Pillsb. <t Cleveland—1st M., $14,000 p. m.
1,500,000
100 1870
1,000
Marietta <t Cincinnati—Stock, common
1,408,912
276
50
Stock, 1st preferred
8,130.719
50
do 2d
do
4,460,368
50
1st mortgage, dollar
2,450,000
1st mortgage, sterling
1,050,000
2d mortgage
2,500,000
3d mortgage
3,000,000

1868
1870
1873
1872

171

200

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

.

rf-

—

—

—

—

—
—

."

—

J.

Q.-M.

2
6

J.

7

A.

I.

8g.
7
7

7

1805
1900
1877
1877
Aug., 1900
1873
July, 1890
May, 1903
April, 1901
Sept., 1901
June, 1869
July, 1873

July

J.

O.
do
Q.-F. N. Y., Jones & Schuyler.
Company's Office.
N.Y.,8t. Nicholas

N.Bk

do
do
do

do
do
do

Louisville.

& J.
A
N. Y., Bank of America
do
& J.
do
A. & O. N. Y., J. B. Alexander.
8
Louisville.
ft & A.
lHi
A. & O. N. Y., Drcxel, M. & Co.
6
Various
do
do
6
Louisville.
M. & N.
7
\. & O.
do
6
A. & O. N. Y., Drexel, M. & Co.
7
New York.
7g. M & N.
& D. London, Baring Bros.
7
do
do
6g. R & A.

6

I.

6
7

1.

I.

Boston.
Philadelphia.

3
.'-F.
*. J.
J.

2>a

7

.1.

&
A. &
A. &
7
&
I'' M &
7
7

.1.

it.

"7

A.
ft

g-

A.

.1.
.1.

.1.

,1.

":i's.

April.

Nov., 18SO-'85
Oct, 15, 1893
1, 1883
Dec, 1901
Aug., 1902
April 2, 1877
(!)

N.Y..M.K. Jesup.P.&Co
do
do
O. N.Y., M.K.Jesup.P.&Co
O.

O.
Now York.
N. Manchester and Boston

1887
1879
1889
1879
Oct., 1890
May 1, 1877

Bost., Nat. B'kCom'rcc. April 'i,"l 912
A. Boat., N. Bk. Commerce 1890 to 1891
Oct., 1900
do
O.
do
July, 1898
J.
do
do
July, 1901
Portland.
J.
July, 1891
.1. Bost., Nat. B'k Com'rce
April 1, 1883
O.
Portland, Me.
O. Bost., Nat. B'kCom'rcc, Oct. 1, 1895
N. Belfast and Boston.
May ir>, 1890
Oct., 1911
O.
J. Boston, Bost. Nat.Bank. July 1, 1889
A. N. Y., Winslow, L. & Co. Aug. 1, 1895

Sept.,1866
Sept.,

S.

8.

!•'.

1898

April,

Nov.

M &"s.

M &
&
7
7g. ft &
7
M &
&
8
3

1897
1900
1877
1880 & 1887
1886
Jan.,

Aug. 10,

&"o.

&
&
&
&
6
6
ft
\. &
6
A. &
6
6g. M &
A &
7
7
&
7g. ft &
6

Jam,1881

.1.

.1.

6
7

1,

April,
July,
Oct.,

O. N. Y.,

4ia

A. Bait., R. Garret
A.
London.
N. Bait., R. Garret

.).

.

-

Boston.
Union Trust Co.
Philadelphia Office.

June 9, 1877
May, 1883
1894

3

. .

f^iC* V

Cincinnati.

M.&N.
M. & N.
A. & O.
M. & S.

"f

A

tw

&
&
&

A.

Bank of America,

Y.,

&"j.

"i'
7
3

,

—

Cincinnati.

&N

M.
Various

6

Lake Superior <e Mississippi.— Land grant, 1,632,
Little Schuylkill.—Leased and operated by Phila009 acres. Foreclosure sale took place May 1, 1877; delphia & Reading. Dividends, 7 per cent.
re-organization made as St. Paul Sb Dulnth. (V. 48,
Logansport, Craw/ordsville <b S.W. of Ind.—Dep. 83, 829; V. 24, p. 249, 370. 120; V. 25, p. 79, 114.)
cree of sale made.
The total liabilities. September
Lawrence.— Leased to Pittsb., F. Wayne & Chic. 1875. reported at $4,097,000, of which $32^,000 were
at 40 per cent on gross earnings. Lease transferred receiver's certificates.
(V. 22, p. 63; V. 43, p. 428.)
to Pennsylv'a Company. Net earnings, 1875, $64,177.
Long Island.-Qroee earnings, 1874-5, $82S,S39;
Sinking fund has $14,000 bonds. (V. 20. p. 425.)
net, $213,503. In January, 1876. a sale of stock was
Leavenworth, Lawrence & Oalveston.— Defaulted made to Mr. Poppenhnscn, and this road has since
on interest July, 1373. and began to pay half of cou- leased the Flushing No Shore & Central, and the So.
pons sf 1878 in Jan., 1877. (V. 28, p. 40; V. 24, p. 158.) of L. I and all are operated together. (V. 28, p.
Lehigh <& Lackawanna.— Operated by Central of 135, 158, 375, 447; V. 23, p. 112.)
New Jersey as a coal road.
Louisville, Cin. <t Lex.— There are also $60,000 old
Lehigh Valley.— This company's earnings are bonds and $374,000 8 per ct. mortg. bonds of 1874
chiefly from anthracite coal.
The gross income due 1902, and $1,584,500 7 per ct. mortg, bonds of
from all sources, in 1875-6, was $8,087,247; net 1S73 due 1903. The company defaulted on interest
$4,194,497. The company's report gives no details
1873-4. Sale in foreclosure noticed for Dec 4. 1876,
of the construction account, nor of the cost was postponed. (V. 43, p. 1(1, 63. 135, 329, 576, 599;
or value of its miscellaneous investments.
The V. 24, p. 170, 469, 565; V. 25, p. 16.)
Amboy branch completed, with $9,544,038 spent on
Louisville, New Albany it St. Louis Air-Line.—
it to December, 1876; has no mortgage debt.
com- This road ib projected from Louisville to St. Loois,
parative statement for three years is as foHows :
and has 28 miles built. To be sold ir. foreclosure.
1873-4.
1874-5.
1875 6. (V. 20, p. 16,367, 453; V. 21, p. 86; V. 22. p. 8*8.)
•Coal (tons) moved.
4,150,660 8,277.527 8,951.513
Louisville Jt Nashville. — In 1876-7 surplus above
Gross earnings
$6,759,391 $(i,0(6,495 $7,049,646 interest was J-350,000. and a div. of 1V4 p. c. is to be
Operating expenses.. 3,471,418 3,462,861 3,842,750 paid out of this. Gross earnings of main stem,
branches, and leased lines In 1875-6. $4,961,490; net,
Net earnings
$8,287,973 $4,783,633 *3,20-!,896 $1.9o7,960; surplus, $207,094. after paying interest,
Capital stock
24.50.i,447 27,(>92,297 27,i28,920
&c. Nashville & Decatnr is leased, and liabilities
Funded debt
16.859,000 22,129,000 24,188 000 for the South & North Alabama are assumed
(V.
Floatingdebt
480.208 43. p. 279, 376, 478; V. 24, p. Ill; V. 25, p. 41.)
•Anthracite.
(V. 23, p. 183; V. 44, p. 110.)
Lykens Valley.— Leased to Summit Branch RailLittle Miami.— This company leases the Columbus road at $62,500 per annum. (V
25, p. 118.)
& Xcnla, and both arc leased to Pittsburg, CincinMacon & Auyusla. Leased and operated by the
nati & St. Louis, guaranteed by Peun. RR., lessees Georgia Railroad, which guarantees all the bonds
assuming interest payment on bonds and 8 per cent except $'.10,000 of first mortgage. Gross earnings,
on Btock.
Net earnings, 1876, (L. M. & 0.
X ') 1375-6, $108, ,90; net, $1 1,836. (V. 21. p. 1 57.)
$423,555. (V. 20. p. 427; V. 24, p. 420.)
Macon <fc Brunswick. This road was sold June 2,
Little Rock<t Fort Smith.— Foreclosed Dec. 10, 1874.
1875, and bought for the State; offered again for
Ke-organizcd and stock issued for old bonds. The sale or lease January. 18T6. and again Jan., '77. The
n w mortgage ** for construction to Fort Smith. Georgia Legislature
<V n
declared fraudulent $600,000 of
(V. 21. p. 418; V. 85, p. 63.)
the endorsed bonds and Issued State bonds to take
O.-Sold
in foreclosure up the rest. (V. 24, p. Ill, 181.
?££'
Dec. (7
10, 1875, for $35,000.
(V. 81, p. 535, 618.)
Madison A Ibrtqaqe.— Consolidated as Chicago

&

Dividend.

& J. Coupons are paid by July 1, 1S87
& J. Chase* Atkins, in July 1, 1887
July 1, 1888
& J.
Broad St., N.York,
April 1, 1877
3
A. & O.
end registered inJ. & J.
tereat
by Union Var.toJuly,'97
7
Juno
Company.
1, 1894
Trust
7
J. & D.
Jan., 1899
7g. J. & J. N. Y., Boston & Phila
July,
1877
Pittsburg Office.
Q.-J.
2>a
Aiag.j 1895
7
F. & A. N. Y., Wiuslow, L. &Co.
1889
1,
A. & O. N. Y., B'k of Commerce. Oct.
7
July, 1899
10
J. & J. New York and Boston.
1890
May,
Boston Office,
M. & N.
10
1892
do
8
Feb., 1897
F. &A.
7
July 16, 1877
Philadelphia Office.
1
Q.^I.
June, 1898
6
J. & D. Reg. at office, cp.B'kN.A
Sept., 1910
Philadelphia Office.
M. & 8.
7
1898 & 1923
do
&D.
do
I* J.
Jan., 1892
Philadelphia Office.
J. & J.
May 1, 1902
7
M. & N.
8
8
8

—

—

Whom.

Payable

Cent.

J.

& Sons. Aug.
Aug.
& Sons. May
do

do

1,
1,
1,
1,

July

1866
1S91
1891
1890
1890

& Superior. No bonds could be negotiated after
the "Potter law." (V. 21 p. ;;.)
Manchester <fc Lawrence.— Formerly operated with
the Concord RR. as one line. Net earnings 1876-7,
$100,435. against $100,686 in 1875-6. (V. 25, p. 39.)
Maine Centrtd.— The Maine Central leases several
roads.
The report of the year's operations,
ending December 3t, 1876, had the following:
The total earnings for the year 1876 have been
expenses, $1,048,081: net
$1,781,988; operating
earnings, $/^9,851— sufficient to pay all operating
expenses, interest, coupons and rents, and leave a
small balance. The report of the Treasurer exhibits the following general result, viz.:
Traffic receipts
Receips from rents

$1,726,497
5,185

and wharfage

Receipts from dividends Newport
ter Railroad stock
Total income
Deduct working expenses.

&

Der300
91,731,933
1,542,081

.

$689,851

Deduct for interest & dividends. $517,364
54,000- 651,864
Deduct for reuts of leased lines.
Balance to credit of profit and loss acct.

$33,48*

There are also carried to the credit of profit and
loss account $116,600. for discount of scrip and
sto<*k exchanged, less the discount on M. C. consols
sold. There nas been a decrease of $62, 35 in the
'

outst mdiiig liabilities of the

company during the

(Vol. 20, p. 313, 86«J;

V. 22, p.
V. 21, p. 344.)
Penn.
by
Leased
<*.
J!.—
Mansfield, Coldtvater
L.
Company for net earnings. In hands of mortgage
trustees. (V.20, p. 426; V. 21. p. 48.1
Mansfield <fc Framingham. Leased to Boston,
Clinton & Fit'hbcig, at 45 percent ol u'mss earnlast fiscal year.

35»;

—

Consolidation

made June.

1875. (V. 20. p. 61».)
Marietta, Pittsb. <t Cleve,— There are also con6ol.
$2,850,00J, 7s, gold, due Dec, 1903.
Sold In foreclosure June. 1877. (V. 24, p. 370, E65.)
Marietta ds C1ncinna(i.— Gross earnings for the

ings.

mortgage bonds.

August

"

....

.

.

RAILROAD STOCKS AND

25, 1877.]

DESCRIPTION.
i-

[D

I,

ma luu-

at (in-

of coin in 11
bead or Ural

lie

• notes

Martettad Cincinnati f Continued)
•111. mortgage for $ 1,000,000
BolotoA Hocking Valley RR., 1st uiorl
Bait Short tine, itook, 8 p. <•• guar to M
do
do
lat inort.. guar, by M. A 0.
Cincinnati

A Baltimore

do
1st

-

11. ,f

1st

it.. I'd jr., II.

A

ii..

.

mi

Bunds Value

1.

Amount

as

100

1,125,000

1869

1,000

1872
1871

1,000

94
109
54
54
291

1872
1873

1,000
1,000

291
94
131

1873

750.000
1,200,000
500,000
1,910,000
2,000,000
840,000
706,000
850,000
150.000
5,312,725
1,293,000
1,000,000
1,158,000
750,000

30

. .

"so

O., coup,

II

i

.

1,(1(111

2S

I

it-

I

1,000

I860

28 1
2K4

284
103
10

1872
1869

"39
39
94
94

1874
1870
1870
1866
1869

116
116

1872
1872
1865
1868

100

—

Consolidated bonds
Tennessee State loan

New mortgage

in.,

gold

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

1870
1871
1869
1869
1870
1875

[

(

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

236
57
57
126
147
140
32
35
100

1,600

50

Ac

1,000

50
1868
1870
1856
1806

.7.

1,000
1,000

VI

lil

Whom.

Payable

7
4
7
8
8
8

10
6

"l
7
7
7
8

18,73.8, 'Jill

"is.

2,179,000
550.000
8.000,000
1,900.000
200,000
600,000
610,000
70,000
1,000,000
500,000
491,200
424,000
1,906,000
1,315,000
154,000
783,000
2,001,000
880,000
1,100,000
2,134,000
500,000
3,969,000
320,000
500,000
600,000
1,254,500
310,774

8
8

7
8

8
8
8
8
8
8
2>a

8

8
8
8
8
8
8

V

7

3>a

10

|*
8

A
A
A
A
A

M.
J.
J.

M.
J.
J.
J.

do
do

N.
J.

Dividend

A Sons

do
do

May

1,

1890

Jan.. 1877

D. Bait., Merch. Nat. Bank Deo. 1, 1904
N.
do
May 1, 1877
do
J.
do
do
Jan. 1, 1900
D. N. Y., Company's office
June 1, 1892
July 1,1891
J.
do
do
A.
do
Aug. 1, 1892
do

A
A
A
M. A 8.
M. A N.
J. A D.
M.AN.
J. A J.
P.

A

J.

Itimdt -Princi
when due,
slacks -Las*

pal,

Payable, and by

Bait., R. Garrett

7
4

1 ,300,000
l.ooofooo

569

III

When Where

Cent.

:too,ooo

Sd limit., land grant, M.. ii. ,v o.. oonp
3d mort.,
do
do
do
Maryland ,e Delaware— 1st mortgage
2d mortgage
Item [ih it ,i ( tiurlrxton — stock
m mortgage, convertible
2d mortgage
Conooildated mortgage
'[Vim. loan substitute mortgage
Little Rock— 1st inort., 1. gr
JfiijaVfi
2d mortgage
Michigan ventral— stock
lat mortgage, convert llile, sinking fund
lat mortgage, convertible
Consolidated mortgage (for ¥10,000,000)
Hlonlgan Central (Air Line mortgage)
Michigan Air Line 1st mort., assumed by M. C
J\q ul piucn t bonds.
Kalamazoo At South Haven, 1st mort., guar
do
do
2d mort,, guar.
Grand River Valley, 1st mort., guar. 5
do
do
Sd mort., guar
do
do
stock, guar
Detroit A Bay City 1st mortgage, endorsed
do
do
mortgage (not guar M.C.)
Jackson, Lansing A Saginaw 1st mort
1 a« v
do
2d mort., conv. % do
1st mort. (N. of Win.), conv.
s _
do Cons. m. on whole line (300m.) J § S £
Michigan Lake shore— 1st mortgage
Midland Pacific— 1st mortgage, gold
Milwanktr J- Xorthern — 1 st mortgage
Milwaukee, Lake Shore if Western— 1st m., gold
Mine Ilillit Schuylkill //«cen— stock
Mineral Point ll'fa.)— 1 st mortgage
Mississippi, Ouachita if lied Rive)
1st
Mississippi tl Tennessee— 1st mortgage

CREST OR

I

Kate per

Outstanding

.".I.,

M.

I'd gr.,
c

I'ar

mortgage

l>t

mart.,

xxiil

$2,004,000

stock

Hi;..

do

Marquette,

of
II".

I

IN

Date Size, or

Mile*
.

|

pact of

BChNDS.

great favor by giving Immediate notice of any error discovered In thee* Table*.

Subscribers will confer
ror

1

do
Bost., Bk. of

do

do
Commerce,
do

N.Y..R.T. Wilson A Co
do
do
do
do

J.

Sept. 1, 1903

Nov.
Dec.

1,
1,

1885
1889

May T,'i8S0
Jan.
Jan.

1,
1,

1885
1913

M.AN, N. Y., Swenson, P. A Co. May 1, 1800
A" J. Now York and Boston
Jan., 1873
A. A O.
Boston Office.
Oct. 1, 1882
A. A O.
do
Oct. 1, 1882
M. A N. N. Y., Farm. L. A T. Co
May 1,1902
J. A J.
do
do
Jan. 1,1890
M. A N.
do
do
1890
A. A O.
do
do
April 1, 188S
M. A N.
do
Nov. 1, 1890
do
M. A N.
do
Nov. 1, 1890
do
J. A J.
do
July 1,1886
do
M. A S.
do
July 1, 1879
do
J. A J.
do
July, 1877
do
M. A N.
do
do
May 1, 1902-3
M. A N. New York and Boston.
1902
J. A J- N. Y., Farm. L. A T. Co
July 1, 1885
M. A S.
do
do
March 1, 1878
M. A N.
do
do
May 1, 1890
M. A S.
do
do
Sept. 1,1891
J. A J. N. Y., Wlnslow, L. A Co.
F. A A.
N. Y., Turner Bros.
Aug., 1899
J. A D. N.Y., Merch. Exc. N.Bk,
Dec., 1901
J. A D. N. Y., 8. 8. Sands A Co.
June 1, 1895
J. A J Philadelphia, P.A R. Co.
July, 1877
J. A J. Detroit, 1st Nat. Bank.
Jan. 1, 1890
J. A J.
1890
A. A O.
Memphis, Office,
April 1,1876
J. A J.
do
Sept. l,'81to'93
J.

i

6

for $2, 100,000

—

Missouri, Kansas <£ Texas stock
1st m., gold, sink, fund, on road and land (U.P.S.Brj
1st mortgage, gold (Tebo. A Neosho)
Consolidated mortgage, gold, on road and land.
2d mortgage, income (for f io,ooo,000)
Hannibal A Central Missouri, lstmortgage
Missouri Pacific—Stock
1st mortgage, gold
\
2d mortgage, (sinking fund $50,000 per annum)
Real estate (depot) bonds
Debt to St. Louis County (no bonds)

786
182
100

1868
1870

.

TSI,

1871-3

1876
1870

.

786
70
299
283
283

Sd mortgage

299

Carondelet Branch, 1st mortgage
Missouri 11., Fort Scott <t Qulf— 1st m. l.gr.s. f
2d mortgage, coupon, may be registered
Mobile <t Oirard—ia mort., end. by Cent. Ga. RR
Mobile if ilontg.—Stock, (Authorized $3,022,517.)
Mobile £ Ohio—Stock
Convertible 8 per cent bonds
1st mortgage, sterling

15ia

161
161
85
186

.

Interest bonds
Interest bonds, sterling
Tennessee subs., 1st mortgage, sterling.
Special mortgage (Mississippi, Gainesville

500 Ac
1,000

100
1868
1871
1872

1,000
1,000

500 Ac.

1876
1873
1869
1870
1869

1,000
1,000
1,000

500 Ac.

1873
1853

21,105,000
2,649,000
349,000
14,752,000
5,157,000
708,000
800,000
7,000,000
2,650,000
800,000
700,000
4,000,000
500,000
5,000,000
1,947,000

1,000

300,0(JO

1*0
100

2,794,800
5,320,600
977,550
5,643,000
1,517,300
769,920
1,668,000
53,000
1,451,207

516

1,000

£225
100 Ac.

£100Ac

.

2d mortgage

100
1,000
1,000
1,000

A Tex.)

21

A

1,000

100 Ac.

Consolidated mortgage, gold (for $15,000,000).
Montctttir if U. Lake.— 1st mort, new ($700,000)
2d mort. (issued for old firsts)
Montgomery if Kufaula—\ mort., end. by Alabama.
1st mortgage, not endorsed
year 1876 were $1,037,052; expenses, $1291,870; net
earnings, $345,181, against $:171.4S4 net earnings in
1875. The Baltimore
Ohio Railroad made large
advances ror construction, Ac., and when the B.
A 0. ceased to supply money, a receiver was appointed in suit to foreclose the 4th mortgage, (v.
22, p. 208; V. 24, p. 2*4.)

1871
1871

1874

40

1878

80
80

1867
1870

1,000
100 Ac.
100 Ac.
1,000
1,000

p. 468. (V. 23, p. 16, 1
468; V. 25, p. if.;
I.)

33,

hands.

7«,

l"

N. Y., Union Trust Co.

J.

A D.
Various
A

A.

do
do
do
do

O.

do
do
do
do

Jan., 1899

June, 1903

1904-1906
April 19, 1911
May, 1890

V. AA. N. Y., Company's Office
Aug., 1888
A J.
do
do
July, 1891
M. A N.
do
do
May 1, 1892
mont'ly
St. Louis.
7
Feb., 1885
M. A N. N. Y., Company's Office,
7
New York.
Oct. 1, 1893
6g. A. A O.
Boston, Co.'s office.
10
J. A J.
Jan. 1. 1899
A. A O.
10
do
do
April 15. 1890
J. A J. N. Y., Nat. City Bank.
Jan., 1889
8

I*

J.

8

«g- afcA
M.
M.

I*
8

J*
7

I'

V.

New York.

,-M.

8
8

200,000
1,800,000
1,040,000
330,000

403, 451, 499;

A

J.
J.

7g. M. A N.

(1)

24, p. 16,

N New York and

A N
A N

London

Mobile.

London.

Dec. 1, 1883
Nov. 1, 1883
1876 and '83
1883
1901

A J, New York and London
Mobile.
A N.
March
do
1877-1882
J. A J. New York or London.
Jan. 1, 1904
F. A A. New York, Co.'s Office,
M. A S.
do
do
M. A 8. N. Y., G. Opdyke A Co. March 1, 1886
J. A D.
do
do
June 1, 1900
J.

M.

Interest charge now (under adjustment with bondis $776,398.
Land grant is about 4,565,112
acres. August, 1877, new default was made, see V.
151.
25, p.
(V. 23, p. 40, 183, 647; V. 24, p. 442.)

holders)

Michigan Lake Shore.— Defaulted
receiver's

6

1872.

(V. 18, p. 218, 504;

and

V.

21,

in
p.

110.)

Midland Pacific.— This was one of the roads
represented by Messrs. Turner Brothers in New
Kmiatft, Houghton dk Ontonagon.—This Is a York, of which Benjamin E. Smith was president.
consolidation of Marquette A Ontonagon and
in interest was made In February and
Houghton A Ontonagon. Lands amount to 425,- Default
August, 1816.
000 acres, chiefly timber and m'ncral.
Stock,

Missouri Pacific.— Net earnings from Mch. 8, 1876
to April 1, 1877, $810,970. This Is the condition of
the company as reorganized after the sale of the
road under 3d mortgage, Sept. 6, 1676, for $3,000,000.
Stockholders of old company have brought suit to
annul the sale. (V. 28. p. 16, 86, 208, 256, S79, 804,
330, 854, 428, 451, 525, 576; V. 84, p. 16, 64, 112, 156.

$2,306,600.

421.)

MVwaukee

Maryland
the

New

dk

Delaware.— This
Southern,

Jersey

to

line

was

leased

form part of

by
the

through route. Lately, decree of foreclosure was
made. (V. 2o, p. 242; V. 22, p. 567, 615.)

Memphis

dk

Northern.

—Two coupons were

Mllwauksc, Lake Shore

dk Western.— Sold
10, 1875. Interest paid
(v. SI, p. 277, 591.)

in fore-

closure for $2,509,788, Dec.
dk

CharUtton— This road was leased to

the Southern Railway Security Co.. but In 1874 the
lease was cancelled and Mr. R. T. Wilson, President
of the EastTenn. Va. A Georgia road, was elected
President. Net earnings. 1756. $3;1.230. In .June,
1877, « lease wasm.de to the East Tennessee Virginia A Georgia Company. (V. 23, p. 304; V. 24 o
F
'

510, 565.)

paid

in stock, but cash payment was resumed in July,
1876. It is leased to Wisconsin Central.
(V. 22,
p. 233.)

first

mortgage June,

Mine Hill

A

1876.

dk Schuylkill

delphia
Reading, May
cent dividends on stock.

it Little

Rock.— Sold

In foreclosure April
15; V. 22, p. 471; V. 24, p. 16,
V

27,1877. (V. 21, p.
170,469; V. 25, p. 41.)

'

Michigan Central.— The annual report to May 31,
show gross earnings on main line and
branches of $6,483,000, and net earnings. $1,777,000.

Haven.— Leased

to Phila1861, for 999 years; S per

lSlo.

Detroit

A

Bay City earnings given

In V. 24,

Mobile dk Glrard.— The Central Railroad of
Georgia endorses these bonds. (V. 98, p. 549; V.
24, p. 542.)

Mobile

dk

MontTOmery.—8o\a

in foreclosure,

No-

Mineral Poinl.—ToM receipts 18(8; $128,121; expenses and Interest, $130,6i4
cost of road, Ac,

vember. 1874. and stock issued to old bondholders.
Anuual
Old mortgage debt yet out. $975,000.
(V. 92, p. 280; V. M. p.
report. V. 24, p. 180.

$1,200,000.

495.)

Mississippi, OuachVa dk Bed River.— Land grant
157 000 acres. Sold la foreclosure, Dec. 16, 1875,
for $25,000. (V. *), p. 405; V. 21 p. 584, 618.)
,

1>77, will

Act tloaiinc debt, May 31, 1876. $728,510; May 3',
1877. $400,000.
The Jackson Lansing A Saginaw
debt is assumed by Michigan Central, which also
P»y $70,000 per year on the stock, one-third of
which it owns
Interest was passed on the
Detroit A Bay City bonds, not guaranteed, Nov.,

.

quently.

on

;

Memphis

Missouri River, Fort Scott dk Quit.— The Btock la
Interest paused Oct
1878, and subseNet earnings, 1876. $372,114. (V. 31, p.
15; V. 82, p. 470, 495; V. 24, p. 493. 565.)

$5,950,000.

Mississippi dk Tennessee —Stock,
euminirs 1875-ft. $241,798. V. 89, p.
V.85, p. 154.

$896,400.

181;

V.

Net

Mobile dk Ohio.— Foreclosure pending. Plan of
adjustment (see V. 88. p. 451 ). Gross earnings year
ending Auz. 1, 1976, $ ,981, 53<l; net. $170,608. (V.
28, p. 112.181,451.519; V. 14, p. 186, 151, 198, 997,
219, 566; V. 95, p. 17.)

88, p.

621;

Missouri, Kansas dk Texas.—The latest report was
given In the CnnoNicLE, V 24. p. 443. Gross earnings 1876. $(,217.2'8; net, $1.371, -H3, against $1,860.103 in 1875. Net income 1878. $1,215,999. Annual

Mentc'alr d- Greenwood Lake.— Re-organization of
old Montclalr road sold In foreclosure.

Montgomery

dk

Rifaula.— Foreclosure pending.

(V. 23, p. 186; V. 84, p. 590; V. 85, p. 17.)

—

. .

.

RAILROAD STOCKS AND BONDS.

ZI1V

I

August

1877.

25,

Subscribers will confer a great favor by giving Immediate notice of any error discovered In these Table*.
Bonds— PrinciINTEREST OR DIVIDENDS.
DESCRIPTION.
pal, When Due
Miles Date 8ize, or
Payable, and by Stockt—lMA
Where
Par
1
Bftoper
of
of
notes
Ac,
see
headings,
of
column
For explanation
head of

at the

first

page of

Road. Bonds. Value.

tables.

23
137
84
81

Monliccllo d rorl Jervis— 1st mortgage
Morris d Essex—stock
1st mortgage, sinking fund

2d mortgago
Gen. m. A 1st on BoontonBr. &c. (guar. D.L.AW.)
Consol. mort. (for $25,000,000) guar. D. L. A W..
Special real estate mortgage
Nashville. Chattanooga d St. Lo uis—stock
Bonds to U. S. government, 2d mort
Bonds endorsed by Tenu

New 1st mort.

($20,000 per mile)
1st mortgage on brunches
Nashville d Decatur— 1st mort. guar.byL.AN

Naugaluck — Stock
Newark. Somerset d

$1,000

1864
1806

50
360
500 Ac.
1,000
1,000
1,000
1,000

vari'us

Convertible bonds
Construction bonds

2d mortgage
Nashua d Lowell— Stock
Bonds for freight depot

1870

1871

"57

0— 1st mortgage.

42
15

d Beaver Valley—Stock
New Haven d Derby— 1st mortgage
New Haven <£ Norlhamp. (canal KK.)—Stock
Newcastle

Mortgage bonds, coupon
Bonds convertible, tax free, coupon
Holyoke A Westfield RR
N. J. Midland— 1st mort., g'ld, guar, by N.Y.& O
2d mortgage, currency
New Jersey d New Torb-lst mort. (for $1,500,000)
N.J. Southern— 1 st mortgage
1st mortgage (Toms' River br.)
2d mortgage bonds
Consolidated mortgage, for $7,000,000
New Jersey West Line— 1st mortgage, gold

New London Northern—Stock
1st mortgage bonds
2d mortgage
N. 0., Mob. d Tex.— 1st mortgage (Mob. to N. O.)
New Orleans, St. L. d Chic— 1st M. (N. O. J.A G. N.)
2d mortgage, (N. O. J. & G. N.)
. .

1st mortgage, (Mississippi Central)

do
Tennessee State Loan do
2d mortgage scrip
N. Y., Boston d Montreal— 1st mortgage, gold
2d mortgage,

Premium bonds

(N. Y. Central

1.000
1,000

500
100

1873
"ioo

500 Ac.

1869

100 Ac.

71*

327
ibo
100
100
140
200
20C,

1871
1873
1870

1,000
"ibo

100
500

1865
1872
1871
1856
I860

Ac.
Ac.

1,000
1,000
1,000

237
237

842

. .

do
& N. F. stockholders
do
Bonds railroad stock
do
Bonds real estate
Renewal bonds
Hudsou
River)
2d mortgage, sinking fund
\ coupon or regis«i„„ ™„.f™.,»< $30,000,000
Newmort
SageJ £o: 000 ;ooo i
tered.

1873
1877
1870
1807

50
13 6SA70 500 ten.
100
100
1,000
92 1869
1,000
1,000
'id 1870
80 1870 100 Ac.
80 1871 100 Ac.
1,000
37 1873
1,000
78 1869

350

d Canada— 1st M., sterling, guar. D.& H. Can.
New York Central d Hudson Hirer —Stock
N. Y.

1871
1871
1875

345

75
132
132
14

(gold)

Slraitsv.,

34
137

OuiESdtag

Bonds, B.

1869
1,000
1874 £100Ae
100
1853 500 Ac
1854 500 &c
1853
1.000

1854

1,000
1,000

1873
1873

1,000
1,000

1872
1861
1872
1872

1,000

(

840
840

N. Y. City Elecated.— Stock
1st

mortgage

New York d Harlem— Common

1st mortgage

132
"o'6

150
"86
139
141

1864
1876

12>4

1878
1869
1870
1871

334
225
225
62
62

Extension
General mortgage ($1,000,000 authorized)

L—

Net earnings, July-Dec., 1876, $309,ings, $728,176,
019, again-t $380,137 in 1875. The debt to U. S. and
bonds endorsed by Tenn. are secured by deposit of
181; V. 24, p. 821.)
Nashville & Decatur. -Leased May 4, 1M1, to Lou-

1st mortg. bonds. (V. 23, p. 86,

&

Nashville

Company for

thirty years.

Nashua

it Lowell.— Net earnings in 1876-7, $66,959.
564.)
Naugaluck.— Net earnings 1875-6, $206,064. (V.
SI, p. fill: V. 23, p. 022.)
Newark Somerset <* Strailsv.— Leased to Sandusky
Mansfield A Newark. Guaranteed oy Bait. & Ohio

(V.24,

p.

New

Castle

<ft

Beaver Volley.— Leased to Pitts& Chicago, and lease transferred

burgh, Fort Wayne
to Penn. Company.

Net earnings,

1875, $2:9,534.

New Haven it Derby— Net earnings 1873-1, $24,832.
New Haven city guarantees $225,000 of the bonds.
New Haven it Northampton.—Gross earnings,
1875-6, $570,397; operating expenses, $360,967;
earnings. $201,429. (V. 21, p. .190.)

New Jersey

New

net

p. 256;

V.

New

York.

24, p. 186, 158, 249. 299, 811.)

Jers-y Midland.— Defaulted after the panic of
and funded coupons. The company, having
its capital and credit in construction,
leased to the New York Midland for 7 per cent on
its cost
it had at the time a floating dent of about

1873

exhausted
;

$400,000.

After the panic of

back without

means to pay

1873 the road

sufficient rolling st^ck and
intereit. The bondholders

came

without
funded

coupons, but default was again made. (V. 28,
24, p. If", 321,370, 519; V. 25, p. 114.)

US; V.

1863

p. 329,

1,000

100 Ac,

1,000
1,000
1,000

Whom.

Q-J.

N. Y., Union Trust Co.
N. Y., Del., Lack A: W.

$100,000.
15,000,000
5,000.000
3,000.000
284,000
573.000
1.991,000
1,321,000
1,025,000
6,575,295
1,000,000
1,100,000
1,700,000

7

1.900.000

7

200,000
800.000
200,000
2,000,000
800,000
01
000
525,000
2,460,000

6
2

1,291.000
885,000
200,000
3,000.000
1,500,000
916.000
2,120,000
120,000
1,000,000
5,300,000
3,000,000
1,500,000
300,000
387,500
4,000,000
2,941,000

7

J.

"&J.

6

A.

O.

g.

3i2

J.

7
7
7

M.
P.
J.

7
7
7

F.

A.
J.

1*2

do
do
do
do
do
do

A.
.1.

A.
O.

D.

A
A

J.
J.

(i

7

1914
1891

do
do
do
do
do

19001889'

1901
June 1,1915
Oct.,

Yi irk A Nashville,
N. Y., V. K. Stevenson.

J.
J.
J.
J.

N. Y., V. K. Stevenson.

A
A
A. A O
M. A N.
,T.

J.
g.

"

New

York.

April

A Nashua.

Julyl, 1913

2Hs

7

1887

1.

1877

1893
Bridgeport, Conn.
M. A N. N. Y., Union Trust Co,
Newcastle, Penu.
Various N. Haven, E.8. Scranton

Q—

New

8

A

7

?•
J*

1917

1,

Oct.,

May

A" J.

J.

7g.

1.-,.

1877

July 1,1900

og.
5

2."

1881 and '91
Jan.'

N. Y.j Drcxel, M. A Co.
Nashville, Co.'B Office

Boston

1890
Julv2. 1877

<lo

New

A. "A O.

4
6

1,5(10,000

J.

N.

7

m

997,000
1,997,000
1,279,000
395,115
6,250,000
4,000,000
89,128,300
6,632,900
74,500
592,000
162,000
2,391,000
1,794,000
18,485,000
9.733.333
1,500,000
1,730,000
7,500,000
1,550,000
10,500,000
107,704
1 ,500,000
2,500,000
5,685,000
928,000
843,000
15,500,000
2,000,000
8,000,000
2,500,000
1,500.000
3,800,000
1 .200.000
3,000,000
76,000
250,000
837,000

A
A
A
A
A
A
A

Dividend.

F.'&A.

Haven.
do
do
do

N. Y., Co.'s

July 16, 1877
Nov. 1, 1889
July. 1877
1898 to 1900
Oct., 1874
Jan., 1899

April '80

A

'82

1891
1895
1881
March 1, 1893
Nov. 1, 1889

Office.

do
A A.
do
8. New York and Loudon
M. A N.
N. Y„ Co.'s Office.
6
A. A O.
do
do
M. A S.
do
7
do
18S1
April 1, 1903
7
A. A O.
do
do
7g. M. A N.
May 1, 1900
1%
Q-J.
New Loudon, Ollice. Apr. 1, 1877
Sept., 1885
6
A. A O. N. Y., B'k of N. America
July, 1892
7
J. A D.
do
do
or7 g. J. A J. New York, Co.'s Office. Jan. 1, 1915
8
J. A J. N. Y., J. B. Alexander.
July 1, 18S6
A. A O.
8
do
do
Oct. 1,1890
7
M. A N.
Nov. '74, '79 84
N. Y., J. L. King.
1886
F. A A.
8
do
do
1886
7
J. & X
do
do
Aug. 1,1874
"7'g. F. "A A New York, Co.'s Office.
Maj 1,1889
May 1,1904
6 g. M. A N, Loudon, Baring Jims.
2
Q.-J. N.Y., (Ir. Central Depot. July 10, 1877
May 1.1883
M. A N,
do
6
do
6
May 1, 1883
M. A N
do
do
6
M. A N
do
do
May 1,188,3
May 1,1883
6
M. A N
do
do
6
J. A D N.Y„ Grand Cen. Depot. Dec. 15, 1887
do
June, 1885
do
7
J. A D
Jan. 1, 1903
7
J. A J
do
do
London.
Jan.
1, 1903
&
J
6g- J.

4
4
7
7
7

M.

J.

J.

M.
J.
g.

7g
"7
7

6

F.

A7

I*
7

A.
J.

A

A J.
A J.
AN
A J.
A O
A J.

N.Y., Gr. Central Depot,

do
do
do

do
do
do

N. Y., St, Nieh. Nat. B'k,
New York.

2, 1*77
2, 1877
Mayi 1900
Jan. 1, 1881
Oct., 1902
July 1, 1902

July
July

m.'a's
Boston.
1884
A J
Jan.. 1905
do
A J N.Y., Grand Cen. Depot. July 2. 1877
1903
J. A* J
N. Y., G. Opdyke A Co. July 1, 1894
M. A N,
May 1, 1895
do
do
M. A N.
May, 1896
do
do
J.
J.

7

7
2>a

6
6
7

Q.-J
F.

M.
J.

A
A
A

N. Y., M. Morgan's Sons. Aug. 10.1877

do
do
do

A.
N.
J.

do
do
do

1878
1878 A 1881
July 1, 1899

New Jersey Southern.—This was a consolidation of
several roads. Net earnings. 1875. $109,276. Interest
Plan of re-organizain default since October, 1871.
tion, V. 21, p. 466. Foreclosure May 22. 1877. (V. 21,
p. 466, 489; V. 22, p. 422; V. 24. p. 347, 46J.)
New Jersey West Line.— In foreclosure. (V. 19,
p. 640; V. 20, p. 383; V. 22, n 852. 400.)
New London Northern.— Operated under lease till
1891 by Vermont Central for $150,000 a year; income of Co., in 1K75-S. $160,620. (V. 23, p. SOD.)
New Orleans, Mobile it Texas.—The Western Division of this road was so'd Nov. 18, 1874. Interest
in default since 1872. (V. 21. p. 231, 5.85; V. 22, p.
233, 852, 6'J8; V. 23. p. 379; V. 24, p. 370.)
New Orleans, St. Louis it Chicago. Gross earnings
year ending June 30. 1875, 81,184.320; net, $1,363,943.
Operated as a connecting line with Illinois Central.

Gross
Funded Cost of r'd
Net
Aequip't.
Receipts.
Receipts.
Debt.
1875-6. $2S.04(i.588 $11,022,417 $40,401,263 $97,822,811
1874-5. i9,027,218 11.765.111 40,003.60? %.355.774
1873-4. 81,690,386 13,262,089 3^,481,743 92,506,503
1872 3. 29.126,851 11,484,863 27,725.533 78.014.954
1871-2. 25,580,675
9.134,239 16,496,020 63,499.984
(V. 28. p. 41. 591; V.23, p. 329, 598; V. 24, p. 542.)
V. Y. City Elevated.— Securities admitted to N.
Y. Stock Board Jan., 1877. (V. 24, p. 41.)
New York <tS Harlem.— Gross earnings 1873-4,
expenses. $1,7197884; net
$2,856,525: operating
earnings. $1,131,141. Leased to New York Central
J.) on stock,
at 8 percent per annum (payable J.
and interest on bonds. The Fourth avenue horse
railroad and real estate was retained. The extra
dividend April. 1877. was from profits of city line.

Receiver appointed March, 1876, and Jackson road

New York, Housatonic it Northern.— Foreclosure
pending. (V. 21, p. ,149; V. 83, p. 549.)
New York, Kington it Syracuse.— Includes old
Rondont & Oswego. Sold in foreclosure May 2,

—

was sold March

18. 1877, for $1,050,000. in foreclosure of consol. mortgage by 111. Cent. RR, Mis*.
Central was to be sold April 26 under onsol. mortgage, bnt sale was postponed to August 23. (V. 2-.',
p. 63, 111, 15«, 281. 328; V. 28. p. 16, 160, 622; V.
24. p. 40,

158, 204, 275, 565.)

Montreal.— Proposed consolidation
of several roads from N.- Y. to Rutland. Co. defaulted
in 1874 and now in hands of receiver; foreclosure
N. Y., Bos.

<fi

ponding. (V. 22

—This

was a consolidation of the Hackensack & N. York aud Hackcnsack
Extension. The old bonds are about $100,000. 7 p.
c., dne May, 1890.
Receiver appointed Ang., 1876.
Plan of re-organization. V. 24. p. 299, 321. (V. 23,
it

1,000

100

1869

—

500 Ac,
500 Ac

100

58-'60

Monlicello <fc Port Jervis.— Defaulted in 1873. Sold
July 7, 1815. (V. 20, p. 359, 383; V. 31, p. 39, 592.)
Morris A Essex. Leased in perpetuity to the
Delaware, Lackawanna & Western. The lessees
assume ail liabilities and pay 7 per cent on stock.
Report for 1876, V. 24, p. 3*<». ( V .52. p. 399.)
Nash., Chatt. db St.
Gross earnings of 187.1-6,
$1,751,591; expensesand taxes, $1,023,443; net earn-

isville

50
50

132

stock.

Preferred stock
Consol. mort., coup, or rcg. (for $12,000,000)
Sinking fund
N. Y. Housatonic d Northern— 1st mortgage
N. Y. Kingst. d Syra.—lst m., g'd ($4,000,000).
N. Y. d New England (Bost., Hart/. d Erie)—Stock.
1st mortgages, old
1st mortgage, now
New York, New Haven, d Hartford—Stock
Harlem A Portchester, 1st mortgage guaranteed
N. Y. d Oswego Midland— 1st mortgage, gold
2d mortgage, convertible
2d mortgage, non-convertible
3d mortgage, equipment
Consolidated mortgage
N. Y.,Prov. d Bosio/t— (Stouingtou)—Stock

Payable

p. 447, 471, 545, 568, 61".; V. 23.p. 160.)

—

New York it Canada. The bonds are guaranteed
by the Delaware A Hudson Canal Co. Road opened
through Oct..

New York

(V. 21, p. 207; V. 24, p. 180.)
Central it Hudson Hirer, The consoli1875.

—

dation of N.Y. Central with Hudson Rive) was made
Nov. 1, 1869. The scrip dividend on N. Y. Central of
80 per cent was made in Dec., 1868. On cjnsolidation, another 27 per cent was distributed on Central
stock and S5 per cent op Hudson. The mortgage
loan for $ 10,100.000 was to retire prior debt, and the
balance for third and fourth track, Ac. In 1875-0
tho Company lost nearly $1,01X1,000 on gross receipts,
and saved SI, 603, 887 on cost of maintaining roid and
machinery, as compared with 1874-5. The Harlem
Rlt was leased April, 1873. The following is a comparison for five years:

&

(V. 21. p. 160.)
1375, for $750,000.
N. Y. it N. England.—This was formerly

Boston

A

Hartf .
Ene.
The road was opei ated by the trustees of the Berdell mortgage for several years, and
conveyed to the new company in July, 1875. See
report in V. 23, p. 815. Net income, 1875-6, $263,012.
The balance sheet, Sept. 80, 1876, gives stock issued
$5,6ai,000, and Berdell bonds not vet exchanged
$14,315,090. Mortgage bonds due 1905, $316,000. (V
21, p.31. 207,533. 570; V.23. p. 2r9, SOO. 575.)

New

York.

New Haven & Hartford.— Net income

(V.
1875-76, $1,740,621, against $1,812,125 in 1874-5.
20, ». 62; V. 22, p. 15; V. 93, p. 500: V. 24, p. 03.)
York it Oswego Midland.— Interest in default since 1873. Receivers' certificates have been
Issued to a considerable amount. Main line was to
besuldin foreclosure June 29, 1817, but postponed
to Sept. 7. (V. 21. p. 40, 61, 186: V. 22, p. 852. 447; V.
83. P. 208. 329, 811, 526, 549. 582, 622; V. 24, p. 421 542.)

New

,

York, Providence it Bar ton. —Annual report
year ending Sept. 1. 1876, showed net earnings $161,201, leaving a surplus of $96,051 above in-

New

for fiscal

terest

and dividend payments.

(V. 28, p. 621.)

..

RAILROAD STOCKS AND BONDS.

IT 25, 1877.J

sni.«.

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

ii,.t«

r

xxt

INTEREST OR DIVIDENDS.

» RIPTIOS

Dl

1

MHcs Dato Size, or
Amount
of
of
For explanation of oolumn headings, ,tc, see notes
Par
mi si -.1 .illnir ,tate P01 WnR " Wncre Paya'i'e, and by
Road. Bonds. Value. Outstanding, Cen f- p llVil i,i,.
tit the head of Hint page or tables.
Whom.
"

1

BoriX Carolina—Stock,

common

838

Preferred stook
Mortca^,- bonds.
Northeastern 8. O.)— Stock, coimnon
Frcf. Itook (8 percent) exchangeable for 2d mort.

J'2'.i

223
102

1

1st inortgnge,

'07-T.S

102

new

102
102

2d mortgage, new
North Pen n si/Ira n iu -S ock
let mortgage
3d mortgag*
General mortgage lumds
Northern Central—Stock
let mortgage, State (Maryland) loan
Sd mortgage, sinking fond, ooupon
ltd mortgage, sinking fund, ooupon
Consolidated mortgage, gold, coupon
do
registered
do
do
Consul, mortgage, sold. s. fund, coup. $ or£
lid geu'l M., ".V" (exchanged for incomes of '72).
do
"B"
Northern, N. B.—Stock
Northern of Sew Jersey— Stock
1st mortgage

1869
1869

:,s

I

50
50

1

1865
lHOH
m.;s

Lis

138
138

71

100

21

bonds
Siuklug f imd bonds
Ohio it Mississippi Stock, common

—

550

1875

100
100

OG
122
122

1877

1,000

68.'69

1870

1,000
1,000

1862
IKON

1,000
1,000

100
100

393
393
148
393
393
393

cumulative)

Income and funded debt bonus
let consolidated mort. (.$3,478,000 are s. it.)
'
Oocaolidated mortgage, sterling
2d consolidated siiiking fund mortgage
Debenture sinking fuud bonds (for $1,000.000)
Spring. Div. (8p.A 111. 8E.) lst.M. (for $3,000,000).

100
100
Isos

£200

1S71

1,000
1,000
1,000

1873
1874

.

228
217

Old Colony—Stock

Bonds
Bonds
Bonds
Bonds

1871
1874
B75
1876
1871

100
500 Ac
1,000

1

Northwestern— Land grant gold bonds.. -

40

Orange <t Newark— 1st mortgage
Oregon d Cat i/ornia 1st mortgage
Ot itego it Home—1st mortgage guaranteed
Income mortgage bonds
Osirego it Syracuse—Stock, 9 per cent guar
M ortgagc bonds
Cousol. mortgage (guar. D. L. A W.)
Owensooro <f Bu$teUville — 1st mortgage
<f-

200

28^

1,000
1,000

lsc,.-,

1866

"35
50
35 58A64 500 Ac
1876
1,000
36 1872 500 Ac
118
47
ioo

Memphis—1st mortgage, gold

Panama—Stock

General mortgage, sterling
Pari* 4 Danville.—lai mortgage, gold, sinking fund
Paris it Decatur, fills.)— 1st mort., g'd, sink, f'd
1'alerson <c Newark— 1st mort., guar, by Erie
J'ckin, Lincoln it Decatur 1st mortgage
)' nlntular (Mich.)—1st mort., gold, sink, fund
Pennsylvania—Stock
1st mortgage
Gen. M.. Ph. to Pitts., coup., J. A J.; res.. A. A 0.
State lien (pay'blelu annual inst'lm'ts of $460,000)
Consol. My coop.J.dk D..A rcg. Q.— M. is.f. lp.c.)

47 1867
JS200
105 1873
1,000
75 1872
500
12 1868 500 Ac
67 1871
1,000
166 '69 '70
"50
S69
355
1,000
1870
1,000

—

Navy Yard

1,000

9

—

Paducah

1.000

Pennsylvania Co.— Common stock

1873
1875

1,000

50

29,250,000
1,000,000
3.000,000
8,000,000

1873
1873
1873

1,000

6,9811,000

18116

1,000
1,000

50

Preferred stock
1st mortgage, gold, (held by Pennsylvania RR.)
Tennnylraiiia d Delaware— 1st mortgage

.

44
44
105
105
46
83
83

3d mortgage
Pennsylvania it New York— 1st mort., guar
1st mortgage, guaranteed
rem ia it Bureau Valley— Stock
Peoria, I'ekin it Jackson jille— 1st mortgage
2d mortgage

North Carolina.— Leased September,

1871, to RichDanville Railroad at *98l),000 per annum.
1S75, the gauges was changed. Dividends
of 6 p. c. are paid oa stock, of which the State of No.
Car. holds fS.OOO.OOJ. (V. 91. p. 393; V.ii, p. 565.)
Northeastern, S. C.— Gross earnings in 1875-6,
t3S»,273; net, $161,813. Report V. 31, p. 88.)
North Pennsylvania.— Gross receipts in year 1875-6,
J1.«7.").H65; net, $186,319; surplus above interest,
|MS,«U. (V. SS, p. 134; V.44, p. 69.)
Northern Central.—-Tae annual report for 1876 in
CuuoNiri.E, V, 21, p. 223, shows gross earnlnss,
$1,363,1*25; expenses, $3,212,335, of which 18)6,889
were extraordinary; net, $1,127,600. The total net
Income was $1,243,720; $1,260,133 was paid for interest and rentals, leaving a deficit of $16,4 3. The 5 per
cent $3,000,000 mortgage Is to exchange for Incomes
of 1872. (V. 22, p. 257; V. 24, p 823, Ml. 4s».)
Northern N. Hampshire. >et income fiscal year
ls7i> 7 was $103,115. (V.22,p.
565; V.24.p.54l.)
Northern of N. Jersey.— Operated by Erie at St i>. c.
of gross earnings, which in 1875-6 were $259,881.
Northern Pacific.—Sold Aug. 12 1875. for $100,000
and pref. stock is issued to bondholders at the rate
of $1,4)0 for each $1,000 bond, and this include,, the
interest funded to July, 1878.
This stock Is exchangeable for land at its par value. To Sept.. 1876,
S2">,ixiu.000of bonds had been so exchanged, leaving
about $5,010,000 yet out. (V. 22, p. 135, 159, 209; V.

mond A

Iu March,

—

to, 330, 401; V. 24, p. 40, 445.)
Norwich <t. Worcester.— Leased February, 1969, to
Boston, Hartford A Erie for 100 years at lo percent
per annum on cost. Dividends paid of 10 per cent
per annum. Gross receipts in 1875-6, $728,030; net,

S3, p.

1811,985.
(V. 21, p. 590; V. 23, p. i48.)
Oydeiixbitrg db Lite Champlain.— Leased in March,
1810, for twenty yean to the Vermont Central, but
lessee failed to payrcnt. and receiver was appointed
"
-r, 1873. and lease cancelled March, 1377.
(V.
23, p. 279, 3 m. 500; V. 2-1. p. 299, 8S>; V. 25. p. 39.)
Ohiodt Muulseipni.— There arc also $97,n00 of old
1st mortage Is, \\
Div.. yet out. The annual report to Jane 30, 187C, was given in V. 21, pp. 301,
ii 7 7.
Gross earnings were $3,352,0)2; expenses,
.

400,000
28,000,000
2,604,400
400,000
3,077,000
2,000,000
500.000
394,000
20,000,000
4,030,000
174,000
6,545,850
112,000
3,864,000
140,000
1,915,000
6,733,800
265,500
1,692,000
500,000
1,100,000
16,000 p.m.
546,000
10,950,000
350,000
200,000
1,320,400
124,000
338,000
1,500,000
1,541,000
7,000,000
2,794,000
2,500,000
1,200,000
500,000
1,076,000
3,800,000
68,870,200
4,970,000
19,999,760

1864
1870

$2,539,725;

100
iOO Ac
1,000

V

24,

7

F,
P.

M.

8
"3"

P.

\1.

A."

?*

F.
F.

7
7
7

A.
J.
J.

4
7

J.

7

A.

F.

p. 64, 89, 136,

(

V

.

23,

Interest 1874. Some
for lands. (V. 22, p. 79;

23, p. 175.)

A Nashville. To be sold in foreclosure.
<t Memphis.— SlUI in foreclosure June,
(V. 23, p. 576; V. 24. p. 40. 421; V. 25, p. 17.)
Panama.— Last statement, V. 81, p. 322. (V. 2J,

ensboro

Paducih

1877.

V.

21, p.

32

1.51 J.)
J'ai-is d- Danville.— Of

these bonds, $450,000 were
given for coii mines uf Danville, which arc covered
(1,230 acres) by the mortage. (V. 24, p. 17.)
Pari* <e Decatur.— Consolidation. Now Illinois
Midland. (V. 19, p. 851; V. II, p. 613.)
Pattrton it Newark.— lately operated by Eric.
is

Pttin,

Wabash

$250,000.

Lincoln db

A

Western.

A
A.
A
A

do

do

A. N. Y..Del.,L.

do
do
S.
A. N. Y., Imp.

AW.

RR,

do
do

N.

May, 1915
Feb., 1891
Feb., 1877
1880 A 1885
1907
Feb. 1, 1892

Q.-J.

"3"

Oregon db California.—Bonds nearly all placed In
Germany. After default In 1873, proposition offered
by Ben. llolladay, Prest. (V. 21. p. 375; V. 24, p. 421.)
Oswego <t Rome— Operated by the Rome, Watertown A Ogdensburg at 8 per cent on $30),000 stock,
and interest on first mortgage bond-.
Oswego <t Syracuse.—Leased to Del. Lack. & West,
for interest on bonds and 9 per cent on stock.
Owemboro db RiisseUni'U.—'Sow EvansvUle. Ow-

Stock

Frankford O. M.

t

The company

S3, p. 500;

A O
A A

Jan., 1901

Office.

A Trad. N.B,
New York, Office.
Aug. 1, 1877
London.
A. A O
Oct. 10, 1897
Y'ork, Office.
Jan. 1, 1903
I* J. A J NewNew
York and London July 1, 1892
7g. J. A J,
J. A J N. Y., Eric Railway Co Jan. 1, 1878
F. A A
N. Y., T. \V. A W. RR.
Feb., 1900
7
New York.
May 1889 to '90
7g. M. A N
Philadelphia, Office.
1*2
May 29, 1877
Q.-F.
do
do
J. A J
Jan.. 1880
6
Philadelphia, Office.
1910
6
Q.-J.
do
A. A O
do
Annually.
5
Q.-M. Philadelphia A London, Juno 15, 1905
6
Philadelphia, oillce.
J. A J,
1881
6

0110.)

V.

Newark,

M A N N.Y.,Farmers' L.AT.Co

7
7

Omaha <t Northwest.—Passed

p, 88, 233, 247, 305, 352, 368;

1886

N. Y., Kountze Bros.

a",t

M A N
A.

413

$751,053 in 1875-6, aiainst $774,388 in 1374-5.

V.

I.

?'

.

bonds and coup's exchanged

1876

A 1888

May, 1875

do
g.

V. 25,p.l7.64. 154.)
Old Co'ony.— There are $32,000 5 per cent bonds
due 1884.
Net income over operating expenses,
p. 86.

M77

Bent.,

.1.

purchased the Springfield Road, March, 1875, for
$2,000,000 in bonds secured on that road, and with
privilege of funding coupons to Nov., 1877: of the
same mortgage bonds $1,000,000 more were reserved for Improvements. November 17, 1876, the
President, Daniel Torrance, and Mr. John King, of
the Baltimore A Ohio, were appointed receivers,
and afterwards Mr. Kin'^ was made sole receiver.
Int. on 1st mort. due Jan., 1877, remains unpaid and
foreclosure will probably be commenced soon. (V.
23. p. 301, 347. 377, 536. 519, 599;
158. 227. 370, 33'i, 111 469, 543. 590;

1877

M.AN

6
7.30
6

519,000
1,500,000
1,500,000
1,200,000
1,000,000
1,000,000

net earnings. $312. ?05.

Mar.,

do
do

.1.

1,083,000

1866

Shops, N. C.

.1.

1.795,107

bonds, rag

A S Company
do
A S
A N
do

Charleston.
A S.
Sept. 1, 1899
do
A 8.
Sept. 1, 1899
Philadelphia Oillce.
F. A A
3s
Aug. 1, 1877
do
J. A J.
Jan. 1. 1885
6
do
do
7
M. A N
do
May 1, 1890
J. A J.
do
1903
7
do
3
M. & N. Baltimore A Philadcl.
April 1, 1876
Annapolis.
6
Irredeemable.
*Q.-J.
6
J. A J. Baltimore, 1st Nat. Bk
July, 1885
A. A O.
6
do
April, 1900
J.
A
do
J
July,
1900
§*•
A. A O
do
July, 190O
f « J. A J
London A Baltimore. July 1, 1904
8* J. A J. Baltimore, 1st Nat. Bk, Jan. 1, 1926
6
J. A J.
do
do
Jan. 1, 1926
213
Boston, Oillce.
J. A D.
July 2, 1877
2
1876
J. AJ. J. City, Hudson Co. B'k.
7
1878
5"
J. A J. New England Trust Co,
July 5, 1877
M: A S. Boston, N. E. Trust Co, March 1, 1897
6
J. A J
2
Boston, OBice.
July 10, 1876
A. * O.
4
do
July 10, 1877
8
J. A J
do
Jan.. '78 to '79
M. & S.
do
8
Mar., 1890
Nov. 1, 1905
M
New
&
S.
York,
Ofileo.
Mar.
1, 1875
"i'l
A. A O
do
7
do
April.l, 1882
do
A J
7
do
Jan. 1, 1898
London.
J. A J
Jan. 1, 1898
A. A O
New York, OUIce.
April, 1911
do
7
H A N
do
May 1, 1883
coup, due NOV;, '77
6
1st,
Nov. 1, 1905
3
A J
Boston, Office.
July 2, 1877
F. A A
do
Aug. 1, 1881
It A S
do
March, 1894
6
A D
do
June 1, 1895

1.1110,000

1,000

M.
M.

Bioeks—lMMt
Dividend.

M.
M.

8

8

1,126,000
2,599,000
205.000
4,000,000
3,000,000
1,000,000
3,008,400
1,000,000

21

E< ptipiueii t

it

Ac

1,000

't:.

8
'4'

1 .930,500
1,500,000
2,035,000
5,842,000
1,500,000

500 Ac.

82ia

<£•

Omaha

50o"

:i

'.16.000

1876
1876

Preferred stock

.

s.-,r,

M.

3

820,000
232,500
8,978,150

188

138
138

Northern I'un'tie— New preferred stock

p. c. yearly,

$3,000,000
1,000,000
380,000
899,850

"50

313

Norwich 4 Worcester—Stock
New bonds, coupon
Ogilentbnrg
Lake Champlain—Stock

Preferred stock (7

$100
100
500
50
50
500
500
50
500 Ac,
500 Ac,

Bonds- Prtnol
When Due.

pal.
"

Decatur.—L-ased to Toledo,
Sold in foreclosure June

10,

A" O. Pittsburgh Co.'s Office,
Philadelphia.
A A.
A A. Philadelphia, Office.
'
do
do
A O.
A D. Phila.. B'k N. America.
do
A D.
do
A A. N.Y., Chic, R.I. A Pac,
A J. N. Y., Imp. A Trad. B'k,
do
do
A O.

1876.

and reorganized.

Peninsular.— There
$540,000. Defaulted

is

OcL,'i873

1903
1903
1903
June 1, 1896
June, 1906
Aug., 1877
July 1, 1894
Oct. 1, 1900

(V. 22, p. 247: V. 28, p. 100.)
also a second mortgage fcr

May 1,1872. Coupons unfunded.

Consolidated with Port Huron A L. M. July, 1873.
Pennsylvania. The report for 1876 is given in V. 84,
and 847. The direct funded debt of the
company is $60,106,229 in 1874, by the report of the
Investigating Committee, the liability as a guarantor
of principal and interest was on $33,933,609 bonds;
annual liability additional, on guarantees of interest
or rentals, $13,862,319, and probably there has been
no great change since. On all operations east of
Pittsburg, iu 1876, the report shows a net surplus of
$1,433,703 over all payments, including dividends.
The following is a statement for three years on
main line and branches In Pennsylvania, and for
1376 0:1 all lints east of Pittsburgh:
Grots
Net
Earnings.
Earnings.

—

p. 222, 248

;

1876
1875
1874
1873

$3-i,r91,<Ki0

20,493,251
22.642,371
84,886,009

—The

$12,834,885
8,147,388
9,3»6.!>84

9,445,704

Pennsylvania Company is a corporation distinct from the Penn. Railroad, and operates all th«
leased Uncs west of Pittsburg. The slock is owned
by the Penn. Railroad. In 1876 the net earnings
were $6,557,680; Interest and rentals, $5,199,941;
sink, funds, and interest on Penn. Co. bonds,
$951,116. Balanco net profit $4 '4,623. (V. SI, p. 180,
361. 458, 592; V. 21, p. 253; V. 83, p. 16; V. 24, p.
222, 248, 347. 397, 4*1, 495. 512: V. 85, p. 188.)
Pennsylvania db Delaware.— The lease of this road
to the Pennsylvania Railroad was ratified In 1874.
Previously operated under temporary lease.
Pennsylcanli db New York.— Operated in close
connection with the Lehigh Valley. Net earnings
1875-6, $608,10'!. Dividend of 10 per cent paid on
preferred stock of $3,500,000; common stock is
(V.84, p. tlO.)
Valley.— Leased perpetually to
Pacific at $125,00.1 |»r year.
Island
In year ending
Peoria, Pekin <t Jacksontll'e
June 30, 1874, net Saratoga $60,88!,

$1,061,700.

Peoria
Chicago,

db

Burem

Rock

A

—

.

.

.

. .'....

RAILROAD STOCKS AND BONDS.

XXVI

sreat favor by Riving Immediate notice ot

Mibscribera will confer

DESCRIPTION.

Date

Miles

column headings, Ac, see notes of
Koad.
at the head of first page of tables.
....
90 »2
10s)
Peoria A Rock I.-lstmmt. (after $150,000
18
Perkiomen-lHt mortgage. •-•---••
z;- -.y
....
fund)
(sink,
Consol. raort., gold, guar. P. A K.,
"82
82
$»*&-• '-''^llt raort/blnds (payable
82
30
(Pa)
Philadelphia A Bait. Central- lstmort.
30
(Pa.)
2d mortgage
10
1st mortgage (Md.)
287
common
Stock,
Erie—
A
of

For explanation

Par
Value.

1870
1867
1873

$1,000

;;:

Philadelphia
Preferred stock
let mortgage, Sunbury

&

"

Id mort^gotd (forWo^OOO.OOoi.'^arbyP.'E::::

Philadelphia A Bead iiig—Stock,
Preferred stock
Mortgage loans Inconvertible
Loan mortgage, convertible

1859
1869
1866

50
50

common

1843-il

1,000

sterling
- - -

—

A

Connellsville

Pills., C.

(for $10,000,000) ....

A SI. £.— 1st m., cons,

*

i'nd reorganized
1st mortfage, Steuben vi'lic
Col. & Newark Division bonds
Stock, guar
Vhicago—
A
Wayne
Ft.
Pittsburg,
Special improvement Btock, guaranteed
A)
(series
mortgage
let

B

let,

d»

do

1st
1st
lat
lRt

do
do
do
do
do
do
do
do
do
do
do

do
do
do
do
do
do
do
do
do
do

2d
2d
2d
2d
2d
2d

3d

Pittsburg, Ft.

,'

.

K

Bonds

all

cou-

pon, but

may

be made paya-

ii

ble to order.

l

K
1.

M

Wayne

Equipment bonds (renewed)

. - -

•

BO
us
25

New mortgage (Pitts. T. A B.)
Funding income bonds (P. T. A Is.)
gold
Pitisb., Va. A Charleston—1st mortgage,
Port Huron A L. Mich.— 1st mort., traf. guar
Portland

A Ogdensb.—lut

mort., E. D., gold

New mortgage (for $3,300,000)
1st mortgage, Vermont Div., gold. .... ..... ... ...
Portl. A Rochester— lut mort., s. f. (Portl. loan) "A
.

.

100 &c.
52*2 1867-9 500 &e.
52i2 1870 500 &c
52ia 1871 500 &c

lstmortgage,
(Portland loan) sinking fund, "B
do
Portland, Saeo A Portsmouth— Stock
1st mortgage, gold

2d

24, p. 64, 275, 322;

V.

25, p. 17.)

Perkiomen.— Leased

to Philadelphia

& Reading.

1.000
1,000

1869
1870
1871
1871

66
62

116

equal lien

Peoria eh Bock Island.— So\a in foreclosure April
4 1877 for* 550,000. There arc old 10 per cent bonds
oi $150,000. (V. 22, p. 56, 844, 463; V. 23, p. 617; V.

500 &c.
100 &c.
100 &c.

1870
1876
1876

120
'

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

13,036,500
1,731,000
1,259,100
2,231,900
11,561,250
265,000
1,000,000
700.000
839,000
4,000,000
326,600
6,500,000
6,222,000
5,000,000
3,000,000
775,000
19,714,285
5,504,327

100

52
52

1876

452;

p. 40,
591.)

V.

7g.

F.

6

A.

!*•

J.

8

J.

do

38,

Feb.,

Apr.

June

do
do

7
6
"4'
.1.

J

<fc

6

A.
A.

7
6

J.
J.

7

J

&
&
&
S* J.M. A&
T. A
J. &
6
A. &
7
J. &
7
6 g. J. &
«g- J. &
J. A
7
A. A
6
6g. J. A
J. &
7
6
6

J.
J.

J,

.T.

J.

J
J
8
J.
J.

O.

D.
D.
D.
J.

O.
.1.

D.

Q.-M,

4

T.

Philadelphia, Office.
Treasurer of Co.

Q.-J.

"2>a
3

A

do

Various

7

RR.

do

do

O. Phila., Pa. Life

J
Q.-J.
Q.-J.

g.

2>a
3>9

Phila..

A J. Philadelphia & Boston.
do
do
A J.
do
do
A. & O
Pliirdelphia.Co.'sOfflce
A. & O
do
do
A. & O.
A J Bait., Bait. A Ohio RR
A A. Pittflb., Firsf Nat. Bank
A J London, J.S.Morgan&Co
A A. Phila., Pa. BR. Office.
do
do
& O.
M'uthly N. Y. Agent, 57 B'way.
J. & J. Phila., Pa. RR. Office.
Q.-J. N. Y., Winslow, L. & Co.

J.
J.

6

6
6
6

7
6

?*
7
6

7
l*t
1"4

A J.
& A.
M. A 8.
A. & O.
M. A N.
J. A D.
A J.
F. A A.
M. & 8.
A. A O
M. A N
J. A D.
A. A O.
J. & J.
M. A S.
F. & A.
A. & O.
J. A J.
F. A A.
F. & A.
F.

2,000.000
100,000
1,000,000
1,500,000
580,000
500,000
1,155,000
315,933
1,000,000
1,800,000
800,000
1.577,960
2,300,000
700,000

7
7

7
7
7
7
7
7

.1.

7
7
7
7
8

7
7

7
7

do
do

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

Q.-J.

J.

7

1902
1879
1900
1891

Oct. 1, 1877
Co March 31, 1881
July 1, 1888
do
July, 1920
Philadelphia A London.
Jan. 25, 1876
Philadelphia, Office.
July
25, 1876
do
do
1880
do
do
1886
do
do
1880
London.
1880
do
1883
Philadelphia, Office.
1877
London.
1893
Philadelphia, Office.
1893
do
do
June, 1911
do
do
1911
June,
Philadelphia A London
June, 1911
Philadelphia, Office.
Jan. 1, 1893
do
do
Philadelphia or London Oct. 1, 1897
London A Philadelphia July 1, 1908
Dec. 1, 1896
Philadelphia, Office.
1892
London & Philadelphia.

& O

&
&
&

1900
1897
1918
1872

Jan.,
Jan.,
Oct.,

do
do

Philadelphia, Pa.

1,
1,

Jan.,
Jan., 1879-'98

do

Philadelphia, Office.

7

do'

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

Philadelphia, Office,

do
do
do
do

do
do
do
do

do

do

June 9' 1877
June 3' 1877
July 2, 1877
July, 1884
April, 1887
Oct. 1, 1892
April 1, 1900
July, 1898
Aug. 1, 1882
Jan. 1, 1926
Aug. 1, 1900
April 1, 1913
May, 1884
Jan., 1890
July 2, 1877
July 2, 1877
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
July 1, 1912
Jan. 1, 1887
Mch. 1, 1884
Feb. 1, 1896
Apr. 1, 1882
July 1, 1890
Feb. 1, 1896
Feb. 1, 1896

7
Philadelphia.
7g.
May 1, 1899
New York.
7g- M.'&N.
Jan., 1900
First Nat. Bank
Boston,
&
J.
6g. J.
Nov., 1901
do
do
6g- M. & N.
May, 1891
M. & N. New York and Boston.
Columbian B'k. July 1, 1887
s* J. A& OJ. Boston,
Oot.
do
1, 1887
do
A.
7
Sept. 1, 1891
do
do
Various
6
July
1, 1877
Boston,
Office.
J. & J.
3

350,000
450,000
1,500,000

500,000
p.

Whom.

N.Y Lancaster, B.AO0.

8

7

327,

35, 1877.

Stocks—last
Dividend.

Payable, and by

& A. New York and London
A O. Phila.,227 8. 4th st.
do
do
&D.
& J

875,000
875,000
875,000
875,000
875,000
800,000
860,000
860.000
860,000
860,000
SOO.OOO

I

34,

When Where
Payable

Cent.

875.0(H)

1

......

& F.RR.K

£200

100

&' Chic, construction liouds.

1st mort. (W.
PUtsb. Tltusville A Buff.
1st mortgage (Oil Creek BR.) ......
1st mortgage (Un. & TitusvlUe RR.)

100 Ac

100
1871
1862 500 &c.
1862 500 &c.
1862 500 &c.
1862 500 &c.
1862 500 &c.
1862 500 &c.
1862 500 &c.
1862 500 &c
1802 500 Ac.
1862 500 &c.
1863 500 &c
K62 500 &c
1862 500 &c.
1,000
1857
1,000
1874
1.000
1885
1,000
1802

468
468
468
468
468
468
468
468
468
468
468
468
468
468

l)

F

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

1875
1868
1859
1876
1868
1873
1864
1864

33
468

—

<;

1858
1867

149
10
149
200
200
117

•-

(«)

50
50
500

1872-4

yr.)

.

1,000
1,000
1,000
1,000
ib'o

26
20
100
98

"

— 1st

mortgage
Turtle Crock division.....
do
1st
pr.
Consol. mort., guar. B. A O. (s. f £7,200

Pitisb.

745
750

.

.

do
do

1867
1868
1868
1871
1871
1871
1873
1873
1874
1876
1872

.

.

1,000

1857
1836
1843

Consolidated mort., dollar loan, coupon or reg. . .
do gold, $ or £, coup
do
do dollar loan, gold.coup. or rej
do
Debenture loan (convertible 1876-92), coup
Improvem't mort., $ or £, sink'g fund, coup. .
yearly)
Gen. mort., $ and £ (sink, fund 1 p. c.
. .
income mortgage (for $ 10,000,fWO> ..
Coal & Iron Co., guar. mort. (for $30,000,000)
guaranteed
debentures,
do
.........
Philadelphia A Trenton—Stook.
Stock. .
Philadelphia, Oermantown A Vorm<oic»—
Philadelphia, Wilmington A Baltimore-Stock
1st mortgage, convertible
Plain bonds, loan

do
do

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

1857
1861
1868
1869

yk

I

100 <fec.
100 &c.
100 <fcc.
50

50

sterling
do
do
do
;•:,
do
do
East Pennsylvania 1st inort., sinking fond

Loan mortgage,
Loan debenture
Loan mortgage

1,000

August

any error discovered In tbe»e;Table».
Bonds — PrinciINTEREST OR DIVIDENDS.
pal, When Due.

Rate per

$1,500,000
621,000
1,200,000
1,324,200
500,000
300,000
800,000
400,000
300,000
6,048,700
2,400,000
1,000,000
5,000,000
3,000,000
8,680,000
32,726.375
1,551,800
1,510,500
79,000
182,400
967,200
495,900
134,400
1,138,900
2,700,000
10,649,000
7,000,000
968,000
10,499,900
9,364,000
19,686,000

100

100

"40
287
287
287

Erie

lstmortgage

'

Amount
Outstanding

'$8^

^

'

Size, or

of

Bonds

i

f

g-

New

275, 299, 445, 54J,

stock of $5,504,327, issued to

Penn.

improvements, Ac.

is under article 16
$3,066,687; profit to
Sinking fundfer b«ude, $1,962,689.

iroad
ETC-

for

of lease.

Net earnings,

1876.

Philadelphia <t Trenton.— Leased to Pennsylvania
Railroad with United New Jersey companies at 10
per cent on sto<i.

lessee, $120,750.

Philidelphia, Oermantown Jb Norristown.— Leased
for 999 3 ears to Philadelphia & Reading at 12 per
cent, on stock.

Creek

Phtlade'phia, Wilmington <* Baltimore.—Wet earnending Oct. 81, 1876, $1,006,0.9, leaving a
surplus income of $2^6,774 above payment of all
Last annual reexpenses and 8per cent dividends.
port in V. 34, p. 88, also p. 897. (V. 35, p. 133.)

Pittsburg Virginia & Charleston.—Ot these bonds
the Pennsylvania Railroad owns $500,000.

(V.83, p..6»8; V. 34, p. 516.)

& Buffalo.— This was the Oif
& Allegheny River road. Sold in foreclosure
1875. (V 21, p. 40, JOS; V.
Dec.
29.
re-organized
and
Pittsburgh Tltusville

Petersburg.—Receiver appointed, May, 1877. (V.
SO, p. 602; V. 21, P- 64, 872; V. 22, p. 135: V. 24, p.

279,

33, p. 16, 185,

899; V. 85, p.

39.)

445.)

Philadelphia eh Baltimore Central.— Operated for
in Pennsylvania by trustees of first
Phil., Wfl. & Bait, largely
mortgage bondholders.

iome time past
Interested.

(V- 23, p. 526.)

Philadelphia ah Erie.—Leased February, 1862, for
999 years to Penn. Railroad, but without any guarantee of bonds. Gross earnings, 1876, $8,352, 979;
The Pennsylvania Railnet earnings, $1,164,533.
road is creditor $331,244. (V. 82, p. »U6; V. 34,
p. 136,

248.)

A

Oonnellsvil'e.—Oa Jan. 1, 1876, a transfer was made by Cily of Baltimore to Bait. & O. RR.
lor $1,000,001), and the consol. mortgage made for
£3,200.(100, and guaranteed by B. & O. Net earn-

Pittsburg

ings 1875-6, »5i9,674.

(V. 24, p. 1 3 5.)

Pittsburg, Cincinnati <& St. Louis.— This company
leases several roads and is itself controlled by the
Pennsylvania Co., which holds a majority of the
capital stock. Common stock, $2,508,000; 1st pref.,
Annual report,
$3,928,600; 3d pref., $3,000,000.

follows:

was
1873-4.

Gross earnings..
Op. expenses

Het earnings.
Funded debt.
-ff, »,

p, 858;

.

1875-3.

1S74-5.

$14,452,121 $13,650,927 $13,327,511
8,510,350
8,731,916
8,130,159

$5,-20.205 $4,630,76?
"'
58,155,138 67,184,111

Y. «.

P. «58;

V.

S3* p.

$3,71'! 161

100; V.

18IS,

V.

V.

34, p.

34, p. 419.

(V. 22, p.

610;

V.

33, p.

264;

Pittsburg, Fort Wayne dt Chicago.— This road
leased July, 1869, for 999 years, to Pennsylvania Railroad, at a rental equivalent to interest,
sinking fund of debt, and 7 per cent on $19,714,886
stock, which was increased at that time from
$1 1.500.000. The lensc was transferred subsequently
to the Pennsylvania Ccmpany. The lessees to keep
the roart in repair, and also pay taxes, expenses,
Chicago leases the
Pittsburg, Fort Wayne
etc.
Newcastle
Beaver Vallev and the Lawrence roads;

&

Which

&

Portland <* Ogdensburg.— The two f'iW«ion* were
In
March 1875 as one company.
March, 1876, Companv passed the interest on
Portland city bonds. (V. 23, p. 86; V.34, F- 180,
469, 49j; \. 35, p. 138.)
Portland * Rochester— Interest in default, and
Receiver appointed. (V. 23, p. 354, 377; V. *4, pv
170.)

419.)

&

S3,

Port Huron <ft Lake Michigan—This forms part of
Lake Uuron consolidation, with Penthe Chicago
insular of Michigan. Interest was in default Nov.,
(V. 30, p. 357; V.
1873, and foreclosure is pending.
23, p. 375; V. 34, p. 275; V. 35, p. 90.)

consolidated

Philadelphia &Reailing.—The report ror 1875-6, is
given at length in V. 24, p. 38. President Gowan
rwiews the year 1876, and gives the facts bearing
upon the Company's financial condition and prospects. The trustees of I he general mortgage hold
the mortgage of the Coal <6 Iron Company. In
March, 187?, propositions were made for postponing certain interest payments. (See V. 24, p. 299 )
comparibon of statistics for three years is as

A

•

ings, year

in turn are leased again by Pennsylvania

Com-

Portland, Saco & Portsmouth-Leased March 18,
1871, to Eastern Mass. Railroad for 99 years at 10
per cent per annum; modified Dec, 1875. to 6 per
cent for two years. (V. 21, p. 372, 431, 692; V. 23, p.
568; V. 24, p. 445, 5*2.)

Railroad guaran teea
*500 000of these bonds; decree of sale !n foreclosure has been entered. (V. 80, p. 291. 453; V. 21,

PTt Jim'.—The Georgia

n.

7«:

136;

V.

V.

S3,

«5, P.

p. 691;

W.)

V.

33,

p. 52S;

V.

21, p. 90,

AcorsT

RAILROAD STOCKS AND BOND?.

25. 1977. J

XXV11

Snb.rrlbrr. will confer a great favor by glvlnx Immediate notice ot any error discovered In these Tables.

DESCRIPTION.

Kile*
sec notes
of

For explanation of column heading*, Ac,
at tin- bead of tlrst page of tables.

Port Royal (A <"'.)— 1st mortgage, convertible, gold.
Portsmouth. Ot. Full* d Couivuu -Stock
Bond* (no!
rt.) guaranteed by Baslern KB
Providence J Worccmet Stock

—

Mortgage bonds
Reading ,i Columbia lat mortgage, coupon
mortgage, ooupon
Beading d Lehigh — l»l mortgage
Rensselaer d Saratoga—Stock

M

Dale Size, or
Par
Of

Bond Bouds

Value.

111% 1869

$1,000
100

71

71
67
44
30
39

1-72

500 Ac.
100

Rich mond <f Dan rillr— Stock
State sinking fond loan
Bonds, guaranteed bv State
3d mortgage, oonaolldated, ooupon or registered.
New general mort.. gold (for $0,000,000)
Piedmont branch, 1st mortgage
Northwestern, N. ('..1st mort.. guar
Bieh'd, t redericksburg d Potomac— Bonds, ster

181
181
142
10

142
49
29

23

1st sinking fund mort., Wat. & R
General mortgage, sinking fund

2d mortgage
Conaol. mort., convert, till July, '79, coup
jtwfland Btoek, common
Preferred stock

d Western-

Joseph
Kansas A Nebraska, 1st mortgage
St. Louis. Alton d Terre Haute— Stock
Joseph

M.

1st

St.

6

2,000,000
500,000

4
6
7
7

1,000

350,000

1871

'ioo
1,000

7,000,000
1 ,925,000
4,000,000
508,486
124,200
1,768,500
1,294,000
500,000
500,000
67,778
299,917
450,000
175,000
31,000
3,147,600
799,900
1,200,500
1,000,000
3,000,000
2,479,700
4,168,700
500,000
500.000
1,212,000
1,900,000
1,900,000
2,300 t000
2,468,400
1,100,000
1,100,000
1,400,000
1,400,000
1,700,000
300,000
20,103,533
4,000,000
5,927,000
2,202,000
2,500,000
1.500,000
8,000,000
21.000,000
6,000,000
3,000,000
7,194,500
286,200
2,450,000
2 262,000
350.000
3,250,000
5.145,000
1,000,000
1,899,000
2,600,000

100
1867
1874

1.000

1873

A Pacific.

1855
1861
1872
1874

120
120
120
115
115
266

1870
1870
1872
1876
1876

Preferred stock (7 per cent yearly, cumulative)..
1st mortgage (sortcs A) sinking fund.
1st mortgage (series Ii) sinking fund
8
'id mortgage, preferred (scries C)
2d mortgage, preferred (scries D)

=3

2d mortgage, income
lift
Equipment mortgage
St. Louis, Iron Mountain d Southern—Stock
1st mortgage, coupon
2d mortgage, gold, coupon, may be registered
Cons. M. gold (s. f. after 1880). coup., maybe rag,
Arkansas Branch, 1st mortgage, gold, land giant
Cairo Ark. ,v Texas, 1st mort., gold, coup or reg.
Cairo A: Pulton, 1st rrort., gold, or road and land
St. L. Kansas Oity .< K.—Stock ($12,000,000 prcf.)
1st mortgage (North Missouri)
Real estate and railway 2d mort. (for $3,000,000)
St. L.d S.Frunrisco.—1st M. (So. Pac), g.,(l'd grant)
2d mortgage bonds, A
do
do B, gold
do
do C| gold
Land debentures
St. Louis J Southeastern— 1st M., gold. cony. s. fund
Consolidated mortgage, gold, sinking fuud..
Kvansvillc Henderson A: Nashville, 1st mort
St. Louis Yanduliit 4 Tern Haute— 1st M. s. f. guar
2d mort.. sink, fund ($1,000,000 guar.)...
St. Fun I
Pacific— First Division—

1870
1875

218
97
190
190
360
120

,

686
210
210
686
100
72
300
582
354
354
293

1,000

"ioo

100 Ac
500 Ac.
1,000
1,000

100
100
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100 Ac.
100
100

1864
1864
1864
1864
1864
1870

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

1867
1872
1874
1870
1872
1870

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

500 Ac.
1,000

100

100
SAB
1874
1888
1876
1876
L876
1874

,000
1,000
500 Ac.
IOO Ac.
500 Ac.
500 Ac.
1

1

f.f.o.

,500,0<M)

210
420
98
158
158

61-71

1,000

1872
1867
1867
1868

500 Ac.

10
76
76
76
150
150

1862
1862
1809
1865
1864
1864

1,000
1,000
250 Ac.

250 Ac.

,096,000
1,114,000
1,500,000
1,700,000

210

1868

250

5,700,000

220
140

1870
1871

1,000
1,000
1,000

|*

"i"

7

"s

J.

M.

K) miles, St. P. to St. Anthony
2d M.. St. Paul to Watab. ($700,000).
3d M.. land gr't. St. P. to Watab. ($1,200,000)
do
Conaol. laud gr't
($2,800,000)
1st M.. St. Anthony to ISO miles west
2d M..A 1st 1. g.. St. A. to 160m.W.($3,000.000)
3d M., 1. ',-r. on 15<iin. W. of St. A. & 1st M. on
o ] 60m. more with 1. gr. ($000,000)
3
lth M., St. P. to Itieekemidge, 2d on I'd gr.,
1 50m. (•3,000.000)
St. Paul d Paeille— 1st mortgage bonds
St. Paul d: Sioux C'.—Pref. stock, (Div. on $475,000)
Common stock
Sandusky Mansfield d Sewark— Re-organized stock
1st mortgage, new
.

'.

of

—

new bonds. (V. 80, p. 8, 291, 56S;
1 80; V. 84, p. 298. ;70.)

of the

614; V. 22, p.

Bichmond, Fredericksburg

V.

81, p.

—

Potomac.
Gross
earnings 1875-76, $367,969; expenses, $177,791; net
earnings. $190,175. (V. 21. p. 612; V. 23. p. Oil.)
Btchmond <k Petersburg. Gross earnings year
ending Sept. 30, 1876. $137,407; net, $60,0»i. (V. 21.
V. 24. p. 62.)
I). 1 a
<6

—

;

Borne, Watertown <r Ogdensburg —The last report,
in V. 22, p. 493, shows gross sandngl in 18.5 or
$l,li>7,8*4; expenses, $885,585; net earnings. $888,239.
The Lake Ontario Shore Road has been consolidated with the Rome, Watcrtown
Ogdensburg.
and is in progress to Niagara.
(V. 19, p. 169; V.
20, p. 8, 163, 31 1 V. 21, p. 442; V. 98, p. 193.)
Rutland.— Leased January, 1871, to the Vermont
Central. Terms modified in .Inly. 1S74.
Default
made on rental, and lease a^-ain modified. (V. 98, p.
209; V. 21. p. 1 10; V. 25, p. 137.)
St. Joseph <f. Western.— The road was sold in

A

;

foreclosure Nov., Is75, and reorganized under two
companies, the Eastern DlvtskM becoming the
S'. Joseph i Pacific, and th* Western Division the

Ac.

1,000
1,000

100

"50
1809

1,000

6

6A f
8
8

7
3

7
7
7
7
"3iflS

7
8
8

7
7

,

1

'

"7
7g.
7g.
7g.
g
1
7g.
-

"7
7

1*
2 Ac.
2 Ac.

10

7g.
7g.

.

V. 24, p. 2»7A
St. IjOuU, Iron Mountain <t Southern.— There are
also {664,000 of Cairo A Fulton Income bonds.
Gross earnings, 1876, $4,002,045; net, $1,966,325. In
1875, the company funded three coupons on all
bonds except the old firsts, but when coupons fell
due Nov.. 1876, they were paid only in part, and
after April, 1877, defaulted altogether, and Interest
on 1st mortgage bonds was also allow, d to go to
default Au«. 1, 1-77 The net earnings are applied by
the officers to floating debt, on part of which they
are personally liable. A recover was refused by
the U. 8. Circuit Court in June. lb7T. but a new suit
is p, nding.
(V. 82. p. 209, 32fl; V. 23, p. 458; V.
21. p. 197,850, 291, 312, 3 14, 847,837,481,449, 495,
513.5H5; V. 85, p. 111. 138.)
St. Louis, Kansas City d\ Vorthern.—UM the stock
is pref., 10 per cent yearly, but not cumulative.
Grow eanungi in 1870, $3 1(3,865; net, $1,2 9,33s.
Floating debt, except $763,0 0. retired with second
98, p. 895, 379; V.
St. i/)uii Jt San

Francisco.—-This

28; p.
Is

do

1888
.1.

1894
A J. N. Y„ Otnce 12 Wall st
do
1894
do
A O.
1894
do
do
F. A A.
1894
do
do
M. A N.
1894
do
do
M. A N.
1880
do
do
M. A S.
Aug. 1, 1892
F. A A. N.Y.,Offlce20Nassaust
May 1, 1897
M. A N. New York or London.
April 1, 1914
do
do
A. A O.
J. A D. New York, Co.'s Office. June 1, 1897
June 1, 1897
do
do
J. A D.
Jan. 1, 1891
do
do
J. A J.
J. A J. N.Y.,Nat Bkof Com'rcc July 1, 1895
do
Sept. 1, 1904
do
M. A S.
July, 1888
N. Y., Trask A Stone.
J. A J.
Nov. 1 1906
do
do
M. A N
Nov. 1 1906
do
do
M. A N.
do
Nov. 1 1906
do
M. A N.
Jan. 1 1884
do
do
Q-J.
Nov., 1894
Y., O Opdyke A Co.
M. A N.
Aug., 1902
do
do
A
A.
F.
July 1 1897
do
do
J. A J.
Jan.
1
1897
Third
Nat.
Bank
N.
Y.
J. A J.
May 1 1898
do
do
M. A N.
1881
M. A S. N.Y..J.S. KennedyA Co
1892
do
do
J. A J.
1892
In default.
J. AD.
1892
do
J. AD.
1894
do
F. A A.
1894
do
M. A N.
1898
do
M. A N.
1900
do
J. A D.
1901
do
J. A J.
Oct.,
1876
Paul,
Office.
St.
Q.-J.
J. A J.
J.

for the ben'fit of ihe holders of the land
scrip of $2.85>.0P0; this scrip miy he exchanged
for lands, at. the rate of ten dollars per acre, until
May, 1878. (V. 81, p. 40, 418, 412, .105; V. 82, p. 234,
897, 415: V. 83. p. 1 82; V. 24, p. 322, 469.)
St. Louis, Alton <S Terre Haute.—The main line—
Terre Haute to
St. I^ouis and Alton Branch— was
leased June, 1867, for 90 years, to Indianap.
St. L
at 30 per cent of gross earnings np to $2,fkjO,O0O (but In
no year to be less than $t5c,000). In'ls76 gross earnings were $1,072,50:), against $1,019,837 in 1875. The
Belleville Branch and Extension earned net in 1876,
$129.\'86.
(V. 21, p. 61; V.82, p. 351 ; V. 85, p. 808;

V.
272.)

do

A O. New York or Richmond
London.
1875
A J.
1875
Various
Richmond, Office.
1881-'90
do
J. A J.
1880 to '86
Richmond, Office,
A. A O.
do
May 1, 1915
do
M. A N.
J. A J. N. Y., Farm. L. A T. Co. July 15, 1875
Sept. 1, 1880
do
do
M. A 8.
Dec. 1, 1891
do
do
J. A D.
Jan. 1, 1892
do
do
J. A J.
do
July 1, 1904.
A. A O.
do
Boston, Treasurer.
Feb. 2, 1875
F. A "A.
do
May 1, 1880
do
M. A N.
do
do
Sept. 1, 1880
M. A 8.
do
Nov. 1, 1902
do
M. A N.
19New York.
J. A J.
19—
J. A J.

,

1 .500,000
15,000,000
2,081,800
2.400,000
1 ,050,356
2,301,000

84, p. 90.

Jan.

.

1

(V. 81, p. 160;

1880
1, 1875
1878 to '90

Office.

A.

120,000
366,000

mortgage bonds.

Richmond,
do

J.

N. N. Y., City Nat. Bank.

J.

A

:

J. N. Y., Nat.B'kCom'rce. Jan. i, "1877
Nov., 1921
N. N.Y., Del. A II. Canal Co.

July6,'i874

7
7
7
7
7
10

managed

1

New York ami

J. Lost...

"3'

St.

I-

Storks— Last
Dividend.

Whom.

London. Nov. 1, 1889
Eastern BB. Co. July 15, 1873
do
do
Dec. 1, 1892
Providence, Office.
Jan. 1, 1877
J.
do
July 1, 1S80
do
J.
S. N. Y., Union Nat. Bank. Mch. 1, 1882
June, 1884
D. Columbia, First Nat.B'k
N.

8*

Kansas

Providence A Worcester. Net earnings year ending September 30, 187ti, $2*0,(01; floating debt,
$1,41,0,000.
(V. 21, p. 591); V. 23, p. 518)
Heading <i Columbia.— This road 19 operated and
controlled by the Philadelphia &, Reading Railroad.
Floating debt. $1,093,494.
Beading if L-high.— Tills was the Berks County
oad: sold out, and leised to Philadelphia A Reading, March, 18:5, for 99 years. (V. 80, p. 63, 2670
Rensstlaer * Saratoga.— Leased May 1, 1871, to
Delaware & Hudson C'-mal 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.)
BichmOhd <k Danville.— Cross earnings 1875-6,
$937,198; net, $488,888. Tins company leasea the
.

1,000

Payable, and by

1

when Due.

0-70 A.

A Nebraska. Consolidation under the name
Joseph A Western was made March, 187!.
Bonds were to be issued in addition to above
first mortgages of $1,2«',00> second mortgage on
each road. The interest is payable only if earned,
The land grant of
dnring the first five years.
300.000 acres has been disconnected from (he railroad, and nnder the direct! n of trustees will be

Portsmouth, Great. Falls <ft Conway.— Opened in
1973, and is leased by Eastern Railroad, Massachusetts.

North arolina Railroad and the Piedmont Railroad,
and forms a through route with the Atlanta A Richmond Air-Line. The Penn. Railroad took $1,000,000

121
121
116
116

250 Ac.

A
A

pal,

D.

J "*" J.

6
6

.t-

1st M..

When Where

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

run.

OR DIVIDENDS.

Payable

Cent.

486,1 MM)

100 Ac.

1,000

Bate per

$2,500,000
770,000

1870
18B2
1864

Dollar loan

Ooupon lunula of 1881
Richmond 4 Petersburg— 1st mortgage coupon
New mortgage
Borne, Watertown & Ogdensburg—Stock

St.

Outstanding

1

lit mortgage, consolidated (for $2.000,000)

Equipment mortgage bonds
do
do
New general mortgage

INTF.KKST

Amount

542; V.

the re-organi

A" J.

Oct. 1, 1875
July, 1902

IstN. Bk., Sandusky, O.
N. Y., Union Trust Co

zation of the Atlantic & Pacific, sold In foreclosure
Sept. 8, 1876. The stock is. $1,400,«X) old on Cent.
Division; $4,500,000 new 1st pref. $10,000,000 pref.;
Pac. was a consoliand $9,500,080 com. The Att
dation, in 1870, of the Atlantic A Pac. and So.Pacitic.
The land grant amounts to some 1,000,000 acres.
The interest on bonds " B " and " C " is 2 per cent
for 2 years, S for 3 year*, 4 for 1 year, 5 for 1 year,
and 6 afterward. (V. 82, p. 61, 352, 874. 471, 589;
V. 83, p. 85, S38. 278, 852, 478; V. 84. p. 543.)
•

&

St. Louis dt Southeastern.— in hands of receiver.
See report at length in V. 84. p. 2l>3. (V. 88, p. 83,
18", 591; V. S3, p. 549; V. 21, p. 203. 388.)
St. Louis, Yandaila <k Terre Haute—The com.
•tock is $*,S83,315; pref., $1,451,700. This road is
leased to Terre Haute A Indianapolis at 35 per cent

In lS76gross earnings. $1,086,845.
Indianapolis,
Indiana Central, aid PittsSt. Louis.
(V. 84, p. 1 10.)
burgh. Cincinnati
St. Paul <t PacilV: Firtt Division.— The bonds of
P. RR. Co. are
Division of the St. P.
the
nearly all held in Holland. The third mortgage of
$6,000 OJO ha. the addilional security of the $1,503,OUO first mortgage bonds held by its trustees. Interest in iefault since June, 1872, on all the issues

of gross car ings.

Bonds guaranteed by Terre Hantc
by Columbus. Chicago

A

A

A

«

Flm

except tho first and second mortgages on Branch
Line,' but certain piyments made In May, 1877.
Suits of foreclosure nro In progr- ss, and the railroad has been taken possession of by the trustees
under the mortgage deeds. (V. 28, p. 38, 159, 809,
881; V. 81, p. 379; V. 81, p. 170, 827, 421, 610; V. 25,
p. 114, 154.)
St. P.rul <t PaclKc
ceiver of U. S. Court,

—Tho road

is In hands of Reand the bonds are all held in
being
foreclosed. (V.
The mortgage Is

Holland.
23 D 2*1,428; V. 84. p. 510.)
St Paul A Sioux City.— This company has 756.437
acres of land unsold. See annual report V. 34, p.
"98
(V. 82, p. 47<>: V. 84. p. 298.)
Sandusky. MansMd <f Newark This road is one
of the Baltimore A Ohio system; it is leased to the
Central Ohio, and the lease guaranteed by Baltimore
A Ohio. (V. 19, p. 584.)

—

EAILROAD STOCKS AND BONDS.

cvm

August

25, 187T.]

notlee of any error* discovered lu these Table,
Sabscrlbers will confer a great favor by gi ving Immediate
Bonds— PrinciOR DIVIDENDS.

DESCRIPTION.

Miles

of
of column headings. See., see notes
Road.
at liead of lirst page of tables.

For explanation

i'oi

-

40
llifl

rf;

Seaboard <t Roanoke—Stock
1st mortgage
Selma <e Gulf— 1st raort., guar, by Alabama ...
Selma Marion a Memphis— 1st niort., end. by Ala
Selma Rome <£ Dalton— 1 st mortgage.
2d mort, Alabama & Tenn. River RR
General mortgage for $5,000,000
- - • -

-,

• - -

.

Valley ,t Pottsville—Stock. . . . .
lBt mortgage, gold, on road and lands

Shamokin

of

Far

1853
1868
1868
1870
1874

23
SO
80

Schuylkill Valley—Stock
•

Size, or

Bonds Value.

101

Savannah A CharleMon-C. & S.„ guar, by fe. C
Funded int. bonds, S. & 0. RK., guar, by 8. Car...
1st mortgage, Savannah & Charleston RR. . ... .
Savannah <C Memphis— 1st mortgage, cud. by State
Vuanesburg— 1st M., guar. D. & a
Schenectady

Date

"28
28

.*

Sheboygan <t Fond du Lac— Ut mortgage
1st mortgage extension....
Shenango <t Alleghany—1st mortgage
Shore Line Conn.)—Stock
1 st mortgage, construction bonds
Sioux City <t Pacific-1st mortgage
2d mortgage (government subsidy).. ,--•••-••-••:
Sioux City <t St.Paul-Ut mortgage, gold, I'd grant
1st mortgage, currency, for $2,100,000
Somerset— 1st mortgage, gold
South Carolina—Stock
1st mortgage, sterling loan
dollar bonds (L)
do
2d mortgage (for $3,000,000)
Domestic bonds (I)
Domestic bonds (K)
!rT<";,"i:
So. A No. Alabama— 1st M., endorsed by Alabama.
Sterling mortgage, guaranteed by L. & N.........
Southern of Long Island'-1st mortgage (S. Side)...
2d mortgage S. Side (1st mortg. s. fund)
Mortgage bonds, Southern of L. I
Southern Central ( If T.J—lBt mortgage. ...........
2d mort. gold ($100,000 end. by Lehigh V. RR.).
Southern Iowa A Cedar Rapids—1st mort., gold
Southern Minnesota—1st mortgage
2d mortgage
Southern Pacific (Cat.)— 1st mortgage, gold
Southern Pennsylvania— 1st mortgage, gold
Southwestern (Ga.)—Stock, gnarant'd 7 per annum
t

.

- •

1871
1864
1871
1869

45
40
32

50
50
105

18135

1868

1,000

100 &c
50
100
1,000
1,000
1,000

50
500 &c.
1,000

500 &o.
100
100 <fcc.
500 See.
500 &c.
1,000
1,000

1871
1871
1871

122
124

242
242
242
183
183
57
57
69
116
116
87
170
170
600
24
257

Outstanding

$500
100 Ste
500

1870
1S69

40
50
100
100

.

Amount

100
i868 Various
500
1868
1872
'500
1866
100
1868
1,000
1870
1873
1867 500 &c.
1870 500 Sie.
1874 500&C.
1,000
1869
1872 100 .fee.
1870
1,000
1868
1,000
1868
1875 500 &e,

Too

Company bonds, convertible into stock at par.
Spriiujfield Athol A .V. E.— 1st mortgage
Sterling Mountain {If. 1'.)— 1st mortgage
Stockton A Copperopolis—1st'.mort., (guar, by C. P.)

48 "a 1871 100 &e.
1,000
7 1865
30 1875 500 Ste.
100
1875
81
Syracuse Binghamton A If. T.— Stock
1,000
81 1867
2d mortgage (now first)
1,000
1876
Consol. mortgage
50
20
Summit Branch (Fa.)—Stock
20
1st mortgage bonds
"Wo
80
Terre Haute A Indianapolis— Stock
1,000
73 1869
1st mortgage
1873
Bonds ot 1873 (for $1,600,000)
1,000
1875
444
Texas A Pacific—1st mort., gold, coup.($8,000 p.m.)
1,000
444 1875
2d mort., consol., gold, coup. ($17,000 p. m.)
1875
1,000
444
Income and land mort., reg. (7,600,000 acres).
50 1876
Texas Western— (Narrow g.)— 1st M.,1. gr., gold
Too
247
Toledo, Peoria <t Warsaw— Stock
100
247
1st preferred
100
247
2d preferred
1,000
116>e 1866
let mortgage (W. Div.)
1,000
110*1 1864
let mortgage (E. Div.)
1,000
116>3 1866
2d mortgage (W. Div.) convertible
1,000
227 1870
Consolidated mortgage (for $6,200,000)
1,000
10 1871
1st mortgage (Burlington Div.)
1 ,000
24 1872
Toledo, Tiffin A East.— 1st mortgage
100
35
Troy A Boston—Stock
1,000
35 1874
let mortgage, consolidated
500 &C
Convertible bonds
"die
Troy Union— 1st mortgage, guaranteed, Troy City.
29 1871 500 &e
Tuckerton— 1st mortgage
100
1,038
Union Pacific —Stock
1,038 1866-9 1,000
1st mortgage, gold, on road and equipment..
1,000
(government subsidy)
do
2d
on road (2d on laud), sinking fund. 1,038 1874
3d
do
.

Savannah <fc Charleston.—Interest in default. Road
in hands of State Comptroller. (V. 23, p. 615.)
Savtnnah <* Memphis .— Def anltcd after the crisis
funding proposition was offered.
of 1873.
Sshenec'ady <t Duanesburg.—Cnpit&\ stock authorized was $300,000, or which $103,500 was paid
in. It is all owned by the Can*l Co., which runs the
road In connection with the Albany <fc Susqueh. road.

A

Schuylkill Valley.— Leased to Philadelphia
ing, with 10 per cent dividends.

&

& Read

—Net

earnings year ending
March 1, 1876, $138,625. Report V. 31, p. 276.
Selma <fe Gulf— Interest iu default. Foreclosure
pending. (V. 34, p. 899.)
Selma, Marion & Memphis.—Defaulted 1872. Receiver. May, 1 J 76.
(V. IS, p. 266; V, 23. p. 487.)
This was formerly the
Selma, Rome <fc Dalton

Seaboard

Roanoke.

—

Alabama & Tennessee River. Interest in default,
and road to be sold. (V. 24. p. 566.)
Shamokin Valley & Poltstvle.— Leased February.
1861, to Northern Central, at 7 per cent on bouds and
per
cent on stock.
6
Sheboygan * Fan du Lac— Went to default, 1873.

.

INTEREST
When Where

Rate per
Cent.

M.
M.

$505,000
111,800
500,000
16,000 p.m.
500,000
576,050

e
7
7

1,350,400
210,000
16,000 p.m.
16,000 p.m.
838,500
241,000
3,000,000
869,450
1,994,000
750,000
694,000
800,000
1,000,000
200,000
1,629,000
1,628,020
500,000
1,240,000
450,000
5, 8 19,275
1,482,666
1,051,500
1,206,500
1,054,500
64,000
391,000
5,355,000
750,000
1,500,000
405,050
1,500,000
600,000
1,500,000
3,340,000
1,252,000
24,000,000
625,000
3,892,300
399,000
416,000
350,000
500,000
2,004,000
270,000
1,750,000
4,125,000
800,000
1,988,150
800,000
800,000
1,428,000
6,556,000
5,032,000
10,000 p.m.
3,000,000
1,700.000
1,000,000
1,800,000
1,600,000
1,300,000
1,500,000
250,000
861,000
1,609,000
1,384,000
850.000
680,000
408,000
36,745,000
27,232,000
27,232,000
14,188,000

:s

for

I*

M.

1

5
6
7
7
6

e-

.

J.

8g. J.
6g. M.
M.
M.
M.

7

7
7
7

v7
6
7

g.
g.

3*3

7
7
7
5

4
7

&

fnm

590;

V.

Sterling
$502,468.'

J.
J.

N. Y., Drexel, M.

York.

do
do
Si

Urndon, Baring Bros.

N.

N. Y., Gallatin Nat.

8.

N.
N.
A. N.

"B'k

do
do
do
do
Y'., Vermllye & Co.
do
do

Mar.

1,

May

1,
1,
1,
1,
1,

Nov.
Aug.
Mar.

1887
1900
1879
1899
1882
1900

&
S.
Mav
& N.
1878 to '88
A. Si O. N. Y., P. M. Myers Si Co.
1890
do
do
J. & J.
A. & O. N. Y., C. P. Huntington. April 1, 1905
Mar.
1, 1900
M. & S.
June 20, 1877
J. &D. Savaunah.Cent.RR. Ga
1886
Macon.
Various
J. & J. Boston, Eliot Nat. Bank Julyl,'83to'93
1885
New York.
J. & J.
January, 1905
J. Si J. N. Y., Central Pacific.
J. &D. N.Y.,D. L.&W.RR. Co. Dee. 15, 1875
June, 1887
do
do
J. &D.
Si

1906

do

do

O.

&

July, 1879
do
do
A.
O.
7
1893
7
.6g. M.'&S. Phila., N.York &London March 1, 1905
Juno
1, 1905
do
do
Si
D.
J.
6 g.
July. New Y'ork& Philad'phiu Jan. 1, 1915
7
Tr.Co
Farm.
L.
Si
Y.,
N.
7g. J. & J
Jan.,

7

7
7
7
7
7

4
7
7
6
7
2

&

J.

8

M.'&'S.

„

p.

Mountain.— Cent of road and equipment,
Net earnings 1872-3, $15,673.

,

„

1,

U.S. Treas., at maturity

New York and

1910*

July 2, 1877
1896 to 1899

do

do

J.

Mch.

Boston

1,

1894

Terre Haute <t Indianapolis.— Annual report, V.
Gross earnings, 1875-6. $l,03i,450; expenses, $721,109; net earnings, $317,410.
Texas & Pacific.— full account of the company
is given in the annual report in CHnoNtcm, V. 23,
p 206. Gross earnings, 1875 6, $1,564,624; operating expenses, $891,88*; net earnings, $672,742. (V.
30, p. 63; V. 31, p. 229. 334; V. 32, p. 536, 607; V.
.23, p. 160, 206,279; V. 25, p. 162.)
Texas Western.—This narrow-gauge road is in
progress. (See V. 23, p. 49, 152, 926.)
Toledo, Peoria Si Warsaw.— Interest in default,
Passed into receiver's hands
December, 1873.
February, 1874. Foreclosure pending. (V. 21, p. 160,
372, 505, 592, 614; V. 22. p. 159, 297; V. 23, p. 266; V.
24, p. 442.

A

24, p. 56"i;

V.25,

Toledo Tiffin

p. 115, 138.)
Sold
St

East—

-

.

In foreclosure Jnly,
'

1876.

(V. 23, p. 63.)

Troy A Boston.—With leased roads forms a line
from Troy, N. Y., to North Adams, Mass. In 1873-74
gross earnings were $530,310; opeuting expenses,
§283.879. There are a few of old 1st and 2d mortgage bonds yet outs andiug.
Troy Union.— A short road in Troy city. Bonds
Issued by city and guaranteed by several roads.
Tuckerton.— From New jersey Southern Railroad
to Tuckerton, N. J. Net earnings 1876, $7,411.
Union Pacific.— Gross earnings in 1876 weie
*12 886,R58. against $11,9)3.882 in 1875; net earn-

The per$7,011,781.
$7,618,647, asjainst
of operating expenses to gross earnings was 41-51 per cent in 18T5 and 4088 per
cent in 1876. Land sales in 1876, 125.905 acres at
$2 98V per acre, or $ 175,540. Total sales to Jan. 1,
Land notes and
1877, 1,319,848 acres for *5,71I,5S2.
contracts on hand, January I, 1877, $8,182,984.
The suit to recover for Government transportation
was decided by the United States Supreme Court
in favor of this company. Nov. 29, 1875, including ihc important ruling »hat interest on the Government loan is not payable till the principal is
Abstract of last report V.
due in 1890-99.
226. Tbs annual report gives no
p.
24
ings,

centage
21,

April

A. Si O. Phila.. Safe Deposit Co.
Q.-J. New Y'ork and Boston.

8'

.

1870

Feb. 1, 1896
F. & A New York, Co. 's office.
Dec. 1, 1894
do
do
J. & D
April 1, 1886
do
do
A. & O
May 2, 1910
do
do
M. Si N
Juno
1, 1901
do
do
J. & D
April 1, 1902
A. & O
Feb.
Office.
1, 1877
Company's
F.& A Trov,
1894
J. & J. N. Y., Nat. B'k of Com.
1882
do
do
M. & S.

24. p. 198.)

113.)

New

Charleston.

&
&

Stockton & Copperopolis.—Defaulted July, 1874,
and old bonds of $1,000,090 exchanged for preient,
(V. 31, p. 159. 160,316.)
Syracuse. Binghamton <ts New For*.— Operated by
Del. L. & W. Last dividend (in 1675 4 per cent.
Summit Branch.—-This is a coal road, and leases
Lykens Valley. Ncl earnings in 1876, $151,6115. (V.
25, p.

<<i

J.

O.
O.

May, 1871
18/8 to '88
1878 to '88
Oct. 1, 1902
April, 1891
1880 and 1892
Co Jan. 1, 1890

F. Si A. Philadelphia Si Boston. Aug. 16, 1876
Jan. 1, 1904
Phila.
Boston, N. Y.
J.
J.
J. Si J. N.Y., Farmers L.& T.Co. Sept. 15, 1876

3
7
5

.

>

1877

Bk

M.

A.

7

Southwestern Georgia.— Leased to Central Georgia.
Dividends 8 a year to every 10 per cent on Central
Georgia stock, but 1 per year guaranteed. "Tripartite" bonds issued; see Central Georgia.
Springfield, Athol A Northeastern.- {V.

Si
Si
Si

F.

Cumberland Valley.

&

&
&
&
&
&

7g. M. &

Gross earnings 1375, $201,039; net. $114,899.
Shore Line.— Leased to New York & New Haven
at $100,0)0 per year. Old stock was exchanged for
in Jnly, 1873. (V. 21, p. 63.)
Sioux City
Pacific.— For year ending June 30,
1874. gross earnings were $319,819, and net earning!
$56,115. Pays 7 p. c. on pref. stock. $169,800, semiannually, A.
0. (V. ii, p. 545, 599.)
Sioux City 6k St. Paul.--There are also $502,000 2d
mort. bonds, $14fi,000 equipment, and $i!8H,6O0 income bonds. Net earnings in 1875 were * 75,746.
Lands unsold, 515,115 acres. (V. S3, p. 5 68.)
Somerset.— This road is leised to Maine Central.
South Carolina.— Gross earnings in 1S76, $1,126,4S1L operating expenses. $647,752; net earnings.
$478,684 (a decrease of $101,865
1875.) Annual
eport in V. 22, p. 3»8, and V. 24, p. 345.

1,

Nov., 1991
Juno, 1891

Q.-F. Charleston'.siw.RR
Loudon.
& J.

A.
A.

Southern Pennsylvania.— This is a mining and railroad company, re-organized in 1872 afier foreclosure
under s.-c >nd mortgage. The road is leased by the

new

March

do

do

N.

.1.

J.

Lehigh Va.ley, which company en-

,

St

7

dorses $400,000 of second mortgage bonds.
South Iowa <e Cedar Rapids—In progress. Ottumwa to Cedar Rapids, la.
Southern Minnesota.— Sold and re-organized. Land
grant is about 1.790,000 acres. (V. 20, p. 63, 291, 571
V. 31, p. 78; V. 28, p. 63; V. 24, p. 11, 198, 227.)
Southern Pacific (Co'.)—This road is in progress;
built bv a Construction Co., and controlled by CenThe stock iiaid in is $31,064,S00.
tral Pacific parties.
In 1875 6, on 39 J miles operated, the gross earnings
were S2.169,839 gold, and net earnings, $1,020,509,
gold. (V. 22, p. 281, 375; V. 23, p. 304; V. 24, p.
293, 886, 445, 519.)

Charleston, 1st Nat. Bk.

I!

Afunding plan was offered. (V. 34, p. 198, 345.)
Shenango cfe Alleghany. Leased to Atlantic &
Great Western, and " rental trust bonds" issued.

—

Whom.

Sept. 1, 1899
New York.
& S.
Jan. 1, 1889
do
J. Si J.
May l, 1890
Co,
N.Y.,T.aiiisister,
B.&
8 « M. & N.
M. & S. Del. Si Hull. Canal Co. Sept. 1, 1924
6
July, 1877
Philadelphia, Office.
j & J.
5
M. & N. Phil.,To\vnsend,W.&Co May 3, 1877
1880
do
do
J. Si J.
7
Jan. 1, 1890
New York.
A. & O.
8
Sept.
1, 1889
York.
New
M. St 8.
8
Jan. l, 1872
New York, Otlice.
7
J. & J.
Jan.
1, 1864,
do
do
J. & J.
S
April 1, 1887
do
do
A. Si O.
7
1877
Aug.,
Philadelphia.Treasurer.
F. & A.
July, 1901
do
do
7 g. J. & J.
1884
June,
Bank
Nat.
City
J. & D. N. Y.,
7
October, 1896
do
do
A. & O.
8
1889
April
1,
Com'rce.
of
N.Bk.
A. Si O. N. Y'.,
7
July 5, 1877
J. & J. N. H., Nat. N. H. Bank
4
1880
Sept.
1,
do
do
M. & 8.
7
J. & J. N. Y\, Nat. Tarlc Bank. Jan. 1, 1898
6
1898
J. Si J. U.S. Treas., at maturity Jan. 1,
6
M. & N. N. Y., Motropol. N. Bk.

South Sc !forth Alabama.—This road is leased and
operated by the Louisville & Nashville, which guarantees the bonds. Preferred stock, $1,503,000.
Sou'hern of Long I4and.-Ta\s is successor of
South Side, and is leased to L. I. Railroad. There
are also $60,000 6 p c. mortg. bonds on Bockaway
Branch, and $64,300 7 p. c on Southern Hempstead
Branch.
Southern Central.—Forms an extension into New

York Stite

S.

Si

When Due.
Stocks— Last
Dividend.

pal,

Payable, and by

Payable

RAILROAD STOCKS AND BONDS.

I 23, 1877.
sul><<

rl

><

»

I

'I

will ™iif.T a great
.-<

i.i

v..r

KIl'TION.

I.,

giving Immediate notice At any error discovered In theae Tablea.

Union Pacific— ( Continued)
Land grant bonds mi 12,000.000 acres.
Omaha bridge bds, rt'g, 's.f. about sHiiO.OOOyrly).
Union Pacific, Cut/rot Branch— 1st mort., gold ....
2d mortgage (government subsidy)
canal Oompantet—Stook
United .v. ./. KB.
Oeneral mortgage, gold, coupon
United Co.'s mortgage, sinking fund, registered.
do
sterling loan mortgage, sinking loud
do
do
do
do
do
dollar loan, mortgage
do
bond to State of New Jersey
do
Joint Co
mortgage, sterl'g, s. fd. (£138,500).
plain bonds
do
do
do
eonsol. niort. (sink*g fund after 1880)
do
N. J. RE. A T. Co. 2d loan (now 1st), plain.
do 3d loan due State of N. J
do
Utah Central— 1st mortgage, gold

Date

Size, or

KM)
1(11)

1871
1871
1871
1834-7

Bonds, guaranteed by Vermont Central
Missisquoi Kailrond bonds

Vermont Central— 1st mortgage, consolidated
2d mortgage, consolidated
Equipment loans
*
Stanstead, 8. A Chambly bonds
Income and extension bonds (to pay lloat'g debt).
Vermont i£ Massachusetts—Stock
1st mortgage (sinking fund $7,000 per year)
Convertible bonds
do
do
Vicksburg £ Meridian— 1st series (red endorsed)
2d series (blue endorsed)
3d do (black endorsed)
4th do (not endorsed)
Special loan, funding mortgage
WabatK— 1st mortgage (Toledo & Illinois)
1st mortgage Lake Erie, Wabash A St. Louis)
1st mortgage (Great Western of 1859)
1st mortgage (Quincy A Toledo)
1st mortgage (Illinois A Southern Iowa)
2d mortgage (Toledo & Wabash)
2d mortgage (Wabash A Western)
2d mortgage (Great Western of 1859)
Consol. mort., (on all but Decatur A E. St. L.)
1st mortgage, (Decatur A East St. Lotus)
New Wabash mortgage

80
77
80
140
140
140
140
"75

167
180
33

(

29
75
167
180
-190

109

Warren ( JV~. J. )—S took
2d mortgage
1st eonsol. mortgage

18

18
18
88
310

— 1st mortgage

Washington City, Va. Mid. •£ Ot. Southern— Stock...
2d mortgage, O. & A. RK
1st and 3d mortgage, O. & A. RR
4th mortgage. O. A A.RR

& A. RR
1st mortgage, O., A. A M. RR
Gen. mort., gold, Wash. C, Va. Mid. & Gt. South'n
Lynchburg A Danville, 1st mort., guar., coup

.

—

Diviteneral balance sheet nor income account.
ends at 6 per cent per year were begun in Jnly,
and increased to 8 per cent October, 1875. The
United States Attorney-General has a suit pending
for $1,040,056 against ".he company as 5 per cent of
its net earnings. (V. 21, p. 61, 105, 245, 802, 372, 467,
636; V. 23, p. Ill, 182, 214, 145 7,400,415,472,545;
V. 23- p. 184 112. 208, 330, 472, 5D», 623; V. 24, 591.)

Union Paci/tc Central Branch.—This was formerly
the Atchison A Pike's Peak road. Interest in defanlt ?ince November, 1873. Gross earnings 1874-75,
$113,519; expenses, $123,183. (V. 17, p. 588, 834; V.
SO, p. 8,314; V. 21, p. Glit; V. 22, p. Ill, £45; V.23,
p. 159.)

United New Jersey Railroad <*. Canal Companies.
—'I he Camden A Amboy Railroad and branches.
Delaware A Raritan Canal, and New.Iersev Railroad
form the United Companies of New Jersey. They
were leased to Pennsylvania Railroad, Oct. 20, 1871,
at 10 per cent on stock and assumption of all liabilities. In 187H the gross earnings were $11,824,132;
net, $5,074,016, leaving aprolitto lessees of $1,127,421 after paying interest and dividends.
(V. 24, p.

616.)
Utah Central.— S:M Lake to Ogdcn. In 1872-3
net earnings were $20o,358.
Utica <& Black River.— Gross receipts 1875-6,
expenses, $J87,372; dividends disbursed,
$191,571
;

(V.

'-'4.

207.)
Elmlra.— The road was completed
The staking fund is $:i0.000 yearly

p.

November, 1875.
from 1S78. (V. 21,

100
1,000

500 Ac
500 Ac
100 Ac
100 Ac
1866-9 500 Ac
1867 100 Ac
1872
1,000
100
1865 100 Ac
1869
500
1872
1,000
1866 500 Ac
1866
1,000
1866
1,000
1866 100 Ac
1871 100 Ac
1853
1,000
1853
1,000
1863
1,000
1865
1,000
1862 "1,000
1858 250 Ac
1858 100 Ac
1859
1,000
1867
1,000
1869
1,000
ibb

1855
1870
1875
1871
1871
1855
1858
1860

500 Ac
100

1867
336 1873
65is 1871

West Jersey— Stock
Loan of 1883, guaranteed by Camden & Amboy.
1st mortgage loan
consolidated
do
1st
West Wisconsin—1st mort., gold, s. fd., 1. gr., con v.
1st mortgage, gold extension, coupon or regist'd
Cousol. bonds, gold
Western & Atlantic (Oa) Income Bonds
Western (Ala.)— 1st mortgage (Mont & W. P.)
Western RR. bonds, before consolidation
2d mort.. guar, by Cent, of Ga.and Ga. RR. AB. Co.

Utica, Ithaca <£

1,000

O.

Westchester <£• Philadelphia—Preferred, stock
1st mortgage, now

1105,848.

1,000

p. 16; V. J3, p. 16;

V.

21, p. 591.)

Valley (TCI.— This road was built chiefly by subscription of Bait.
Ohio RR., Baltimore city, and
Virgiuia counties. Operation of the road by Baltimore
Ohio wsb discontinued, and temporary lease
made to Shenandoah Valley Kailroad. (V. 20, p. IB,
453; V. 21, p. 896; V. 22, p. 463, 559, 591, (i07.)

A

A

Vermont dk Canada.— Under lease to Vermont
Central, and proposed to be sold to same for $1,500.000 in 6 p. c. bonds, and $500,000 pref. stock. (V.

27

1871

60
38
63
172
32
204
138
116
44
160

1861
1866
1869
1871
1872

500

Ac.

100 Ac.
50
500 Ac.
500 Ac,
500 &c.
500 Ac.
1,000

1873

1,000

1866
1870

.2,892,539

1,200,000
654,000
700,000
578,859
1,650,000
1,500,000
526,500
821,300
1,100,000
1,359,750

7
8g.

of:
6

7
6g.
6
6
6
6

7

I*
7
7

7g.
"4"
8

7

7
7
8

7
8
2>3

6

7
7
7

8

7
7
7
7
7
7
7
7
7
7
3ia

7

7
7
"&'

C&8
8

"l
7g.
"i'

7
3

6
6
7

7g.
7g.
7g.
10
8
8
8

J.

A.
A.

V.

U.S. Treas., at maturity.
I'liila. and N. Y.OIllees.

Vickstura A Meridian.—"Set earnings year ending March 1, 1876, were $194,099. Coupons are paid
2 per cent cash, balance scrip. Coupons of July,
1874, and April, 1815, were passed.
(V. 20, p. 591
V. 21, p. 807; V.23, p. 62.)
Wabash.— This is the Toledo Wabash A Western
re-organized after the sale, June 10, 1876, under
consolidated gold mortgage of 18:8.
There is a
debt of $550.00.1 due the Equipment Co. and coupons
to be funded of $2,992,450. The scheme for funding
coupocs under new plan is in V. 84, p. 80, and modideation V. 85, p. 107. Operations of Tol. W. A W.
for 1876 showed $4,410,22* gross earnings and
;

(V. 22, p. 16, «3, 160, 301, 853, 379,
599, «16, 647; V. 2i, p. 40, 80, 275. 29a, 405;

$835,812 net.

89.)

Warren (iff. J.).— Leased to Delaware, Lackawanna
Western at 7 per cent on stock and bonds. Net

earnings in 1875, $241,056.
Wattkill Valley.— Foreclosed under a rccond mortgage November, 187.5. Sold under first mortgage,
June 5, 1677. (V. »1, p. 442; V. 22, p. 42, 209; V. 24,
p. 347, 870, 543.)

A
A
A

Atlanta, Co.'s Office.'

J.

New York A Savannah
do
do

O.
O.

do
do

80,

1,

1896
L88B

1M!I0. '97, '98

July 10, 1877

Oct. '77 to '91

Oct. 1,

1875,

1890

$1,033,980; expenses, $672,367; net earrings, $401,
The company has been assisted by Bait.
O.
1st and 3d mortgages, placed together, were
originally $400,000 1st 6e, and $600,000 3d 8s,
some of which have been exchanged for general
mortgage bonds, but are dejioaited in escrow only.
The president, Mr. John S. Barbour, was appointed
receiver in Jnly. 1876. Interest in default, but re-

A

The

ceiver ordered o make certain payments.
(V. 22, p. 1 5, 591 V. 23, p. 55a)

25. p. 41.

See V.

;

Western <6 Atlantic—This mad is owned by State
of Georgia, and leased at $300,030 per annum.
Lessees have issued the income bonds. (V. 22, p.
136.1

&

Philadelphia.—Net earnings 1875-6,
Westchester
(V. 22, p. 304; V. 24, p. 63 )
West Jersey.— Gross earnings, 1876, $781,011: expenses, $-103,37): net, $267,636- Net profit above
interest and rentals, $8.1,668. (V. 22, p. 23*; V.
$141,652.

24,

p 249.)

West Wisconsin.—The company defanl'ed on Interest due Jan. 1. 1875, and funded nine coupons from
that date. The following is front the official statement: Since its organization the company has
issud $4,000,000 gold first mortgage land grant
bonds, of which |3.815,50O are outstanding; $6to,000
Southern extension bond", of whieh $370,000 are
held as collateral security by floating debt creditors;
$2,530,000 seven per cent gold consolidated bonds,

which $1,471,000 are held as collateral to the floatThe other debts of the company on Jan.
1. 1875, were as follows: Bills payable, $1,080,921.
There are collaterals belonging to the company hold
of

ing debt.

for these, as follows: Sou' hern extension bonds,
$370,000; consolidated bonds,$I,471,0O0; and 200 cars;
Earnings, 1874,
other items of debt. $1,826,141.
884,920; operating expenses, $897,107; net earnings.
<V.
U04,
830,
474;
ISkS'.J.
23.
p.
V.
84, p. 543; V.
t
25, p. 41, 115.)

Alabama.—Sold In foreclosure, April 19^
and bought by Central Ga. and Georgia Rail-

Western

Midland <e Great So>iih-

trn.— Gross earnings year ending Sept.

HS7
April,

May

612.

—

P/<M/:in<7ton City, Virgin'a

Office.

,

7

7
7

Vermont & Massachusetts. This road is leased to
the Fitchhurg RR. Co. for 999 years, commencing
Jan. 1, 1874; they paying interest on the debt and 4
per cent on the stock for the first two years, 5 per
cent the next two years, and 6 per cent for the remainder of the lease, exclusive of all taxes.

A

O. New York and Boston,
O. l/imdon, L. A 8. Kr. Ilk.

& 8. Philadelphia, Office. Meh. I, I'.IO)
A O.
Oct. 1, 1894
do
do
M. A S.
London.
Mcb. 1, 1894
M. A S.
do
Mob. 1, 1894
F. & A.
Philadelphia.
Feb. 1, 1888
Due 90 days after deinaud.
F. A A.
London.
1880
F. A A.
Philadelphia Office.
Feb. 1, 1883
J. * D.
Princeton. N. J.
Jan, 1, 1889
M. & N. Philadelphia Office.
Nov. 1, 1889
F. A A. N. Y., B'k of Commerce. Aug. 1, 1878
A. A O.
do
do
Overdue.
J. A J.
Salt Lake City.
Jan. 1, 1890
J. A D.
Utica.
Dec, 1876
Utica and New York.
J. A J.
July. 1878
J. A J.
do
do
July, 1891
J. A J. London, H.S. King A Co. Jan. 1, 1902
Baltimore.
J. A D. Boston, E. Blake A Co. June 1, 1872
J. A J. Boston.Nat.Bk.of Redm July 1. 1891
J. & J. Boston, Globe Nat. Bk.
Jan. 1, 1891
M. A N. Boston.Nat.Bk of Itedm Nov. 1, 1886
J. A D
do
do
1891
M. A N.
do
do
1876 to 1889
J. A J.
do
do
Jan. 1, 1887
M. A N.
do
do
1902
A. A O.
Boston, Office.
Apl. 7, 1877
do
J. A J.
do
July 1, 1883
J. A J.
do
do
July 1, 1879
J. & J.
do
do
July 1, 1885
J. & J. Phila
Girard Nat. B'k. Jan. 1, 1890
do
J. A J.
do
Jan. 1, 1890
J. A J. Phila., Girard Nat. B'k. Jan. 1, 1890
A. & O.
do
do
Jan. 1, 1890
J. A J.
do
do
1880
F. A A.
N. Y., Office of Co.
Aug. 1, 1890
F. & A.
do
do
Aug. 1, 1890
F. & A.
do
do
Aug.. 1888
M. A N. N. Y., Metropolitan B'k. Nov. 1, 1890
F. A A.
do
do
Aug. 1, 1882
M. A N.
do
do
Nov. 1, 1878
M. A N.
do
do
Nov. 1, 1878
M. A N.
do
do
May 1, 1893
Q.—F. Now York, Office of Co.
Feb., 1907
F. A A.
do
do
Aug., 1889
A.AO. N.Y., Del., L. A W. RR. Apl., 1877
A. A O.
do
do
1900
do
M. A 8.
do
1905
A. A O. N.Y., Bull's Head Bank.
1896
J. * J. Bait., R. Garrett A Sons Jan. 1 1875
do
M. A N.
do
May 1, 1873
do
M. A S.
do
Sept. 1, 1880
J. "a" J. Bait., R. Garrett A Sons Men. 1, 1882
M. A N.
do
do
May 1, 1903
A. A O.
do
do
April 1, 1896
Philadelphia,
J. A J.
Office.
July 10, 1877
A. A O.
do
do
April 1, 1891
F. A A. Phila.—Pa.RRCo. Office Aug. 15, 1877
M. A S.
do
do
Men., 1883
do
J. A J.
do
Jan., 1896
do
A. A O.
do
Oct., 1890
J. A J. Sew York and London. Jan. 1, 1886
J. A J. New York, Office of Co.
1902

24, p. 413, 566.)

S5, p. 64,

Princi-

When Duo.
Stocks— Ijaat
Dividend.

pal,

A.

A

V.

;NI>H.

M.

!•

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 $2,000,0i)0
paid-tip capital, and assumed obligations of the old
Vermont Central. Foreclosure pending on 2d mortgage. (V. 22, p. 110, 5S9; V. 23, p. 40, 370, 623; V.

MO,

1 > I

N. N. Y., Company's

tji-j.

2»a

19, p. 40, 504; V. 20, p. 16, 141. 419, 445. 468. 492;
21, p. 442; V. 23, p. 500, 623; V. 24, p. 421, 5«6.)

526,

A
A
A

1

Parable, and by

Whom.

I*'

1.000,000
4,000,000

640,000
2,500,000
920.000
750,000
600,000
1,200,000

A.
A.

M.

400,000
1,000,000

V

Payable

Ceut.

$7,101,000
2,229,000
1,600,000
1 .600,000
19,800,400
5,800,000
2,000,000
1,840,000
1,800.000
154.000
500,000
497.310
1,700,000
5,000,000
450,000
100,000
1,000,000
1,770,720
200,000
912,000
1.500,000
3,000,000
3,000,000
1,500,000
500,000
3.000,000
1,500,000
1,500,000
414,100
1,508,600
2,860,000
550,000
200,000
150,000
717,500
850,000
145,000
1,162,700
217,400
900,000
2,500.000
2,496,000
500,000
300,000
1,000,000
1,500,000
2,500,000
2,610.000
2,700,000
1,000.000
1,800,000
750,000
600,000
700,000

> I

Rate pel

SIIO.OOO

1862
1868
1868
301s 1870
75
75 1868
1871
"67 1872
1873
73
1871
1871
1866
1866

Canada—Stock

Funded interest,

1,000

1871
L871

—

(.V. 1'.)

Value.

Amount
Outstanding

100
1H>1

Utica A Black Kim
Stock
1st mortgage bonds of July, 1808
Mortgage bonds. 2d issue
Vtica, Ithaca d- £lmira— 1st mortgage, sterling
Valley (Vo.)

Wutkill Valley

Par

1867-9 $1,000
1871
£200
1.000
1806
'06-7-8
1.000

.i-

<*

INTEREST OK
When Where
I

Miles

of
of
For explanation of column headings, Ac., sec notes
lioad. Bonds.
at the head of first page »' tables.

Vermont

xxix

1875.

roads.

lV. 20, p. 898, 405, 445.)

RAILROAD, CANAL AND MISCELLANEOUS STOCKS AND BONDS.

5XX

[Auo.

25, 1877.

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

DESCRIPTION.

d

of ooluinn headings, Ac, see notes
at tho head of first page of ts-blcs.

a

cs

Date

Size, or

of

Par

For explanation

90
90
90
90
90
90
90
57
28

1858

1868
1870
1872
1863
1865

500 &c.
100 &c

"i

1870
1870

500 &0

.

.

—

Bonds
Bonds
Nashua
do

i

188

300
45

Rochester—Stock
do
1st m., guar,

(for

48
48

OARAIa.

Ohesapeake. d Delaware

—Stock

14

mortgage (originally $2,800,000)
d Ohio— Stock
Maryland loan, sinking fund

14

1st

•Ghcsapeake

'Guaranteed sterling loan
'Bonds having next preference
-Delaware Division— Stock

60
60
148
148
148
148

1st mortgage
Delaware d Hudson—Stock
1st mortgage, registered
do
do
do
do
Debentures of 1878
Mortgage loan of 1894, ooup and rog
New mortgage (for $10,000,000)

Coal d Navigation —Stock.
Loan, conv., coup., gold (assumed L. & W. Coal Co)
1st mortgago, registered
1st mortgago, registered, railroad
Mort. loan, g. ($2,310,000 assumed C.RR. of N.J.)

Tut-high

Loan
Loan extension, convertible

till

Preferred stock
(for

$1 ,000,000)

JBoat. loan

Preferred stock. scrip dividend

Pennsylvania — Stock
1st mortgage, interest guaranteed by Penn.
'Schuylkill Navigation—Stock, common

RR

.

327
327
108

Preferred stock
1st mortgage, extended

mortgage
Mortgage bonds
Improvement bonds
Boat and car loan
Boat and car loan

1871
100

1874

500

50
1856 Vario's
25

50
1858

1,000

100
1867
1869
1871
1873
1874

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

50

do
pref., 3d. T. W. priority
do
bondsof 1872
Union— 1st mortgage

Adams

Express

100
100
1876
1865 various.
1869 various.
56
1867
1,000
50
50

1,000
1,000
1,000

50
1839
1859
1841-4

1872
88

iti i .<•!•: Li. vn Ivors
Company— Stock

100
100
25
100
100

American Express—Stock
American Coal (Maryland)— Stock
AUnntie.

<t Pacific Telegraph- Stock
Boston Water Power
Mortgago bonds (for $2,800,000)

1874

Western Maryland.—This company was largely asB ltimore, which has also
bought its overdue couponB. The only bonds remaining in default for interest to their holders were
the second pref rred unendorsed and on those'
payment was made of coupons due July, 1873,

<fc

1,000

Q-M.

"in

i"6,'448,550

771,000

1,000

45

b'ds..

372,000
4,744,000

5,381,963
2,000.000
4,658,500
762,779
41,550
1,115,000

50
1862

1870
1863
1864

Maryland loan, 2d mortgage
Susquohanna Canal, common bonds, 3d mort

1,880,800
1,997,872
8,229,594
2,000,000
4,375,000
1,699,500
1,633,350
800,000
20,000,000
1,500,000
3,500,000
5,000,000

o

g

'

6

7
7
4

1,004,300
103,000
1,025,000
1,175,000

7

7

4,480,405
3,000,000
940,748
3,155,650
1,709,380
3,990,392
1,148,000
260,000
756,650
628,100
2,002,746
1 ,000,000
1,320,000
325,310
250,000
3,000,000

"

G

73c.

$1 40
6
6
6
6
6
7

"6

M.

will
a.3,

(.mount to about $100,0j0.
498; V. 25, p. 41)

(V. 22, p.

207' V

(V. 18,

p

Western

Wu'urmston

<f.

Tarboro.— Road in progress.

No

recent financial information.

Wilmington Columbia. & Aus/usta.— Lenses and
operates the Wil. & Weldon. In 1815-6 earnings
were $116,031 net. There are certificates of indebtedness for $335,000. iV. 22 p. 15.)

D.

Wilmington

dt

Weldon.— Leased December,

1872,

to Wilmington, Columbia A Augusta road at 7 per
cent on stock. Lessee assumes all liabilities. Net
^earnings 1875-6, $<38,977. (V. 22, p. 16 )

Wisconsin Central.
Defaulted July, 1875, and
9 coupon?.
Has since built 72 miles, and

Sanded

1875, *478,218,
(V. 24, p.

Paid ou bonds, $2*3,940.

&
* Can ada RR. The

161.)

1,

1894
1902
1883

1,
2,

1877
1877

Boston, Office,

Mar. 10, 1876
1872
Nov. 12, 1872

do

Juno, 1884

Monongahela

Office.

Company.— Receipts,

Navigation

1575, $196,576; expenses, $80,487; dividends, $90,387

Morris.— Leased April, 1810, to Lehigh Valley Railroad for 999 years.
The lessees assume bonds and
and pay 10 per cent per annum ou preferred
stock, and 4 on consolidated stock. (V. 13, p. 714).

scrip,

Schuylkill Navigatlm. Company.— Tensed from
1870, to Philadelphia
Reading for 999
1,
years, at annual rent of $655,000, including certain
real and personal property conveyed to Philadelphia
A Reading. The dividend of Aug. 22, 1877, is pay
able in Phil. & Reading RR. tcrip. (Last annual
report in V. !2, p. 493.)

A

June

—

Susquehanna dt Tide Water Leased and operated
by Philadelphia A Reading Railroad for interest ou
bonds and half of net earnings.
Union Cam'.—Stock,

tfc

445.)

$2,907,850.

MISCELLANEOUS.
Adams
•nit of

Navigation.—Gross receipts in 1876
$1,731,004; expenses, int. and dividends. $1,724,390,
excess of the former, $7,614. The Central R.R. of
N J. assumes (in purchase of < quipment), $2,310,000
of the gold loan due 18:ff, leases the Lehigh A Susquehanna Rail Road, and operates the Lehigh Canal.
The Lehigh A Wilkos-Barre Coal Co. assumes $500,
000 of the gold loan due le97, and 1711,000 (all) of the
convertible gold loan duo 1891, and lias also leased
'he coal lands of the Company. (V. 22, p. 879; V.

247,

Jan.,
Jan.,

May

Pennsylvania Canal.— Worked in interest of Penn.
RR. which guarantees interest on bonds. An old
mortgage of *90,000 is due in 1887. Gross receipts
1875, $141,669; payments, including iutcrcst, &c,

Annual report for
at .much length in V. 24, p. 179; and
committee's report. V. 85, p. 161.
(V. 22, p 4139;
V. S3, p. 101, 8fK; V. 21, p. 179, 227, 441; V. 2% p.

S4, p.

JaB.Vi.883
Jan. 1, 1878

Company's Office. Sept.
do
July
do

New York,

S.

1876 is given

Lehigh Coal

March, 1897
1882 to 1907
1895
May, 1880
May, 1918
May, 1915

Philadelphia, Office.
N. Y.,

A

Del. dt nudson Canal—This Co., which is among
the largest miners and carriers of coal, leases the Alb,
Susq. and Renss.
Sar. Railroads. Also endorsee

&

Q.-M.

J.

Delaware ])lv.— Leased to Leh'gh Cosl
Navigation Co., at interest on bonds, and 8 per cent a year
on stock.

bonds of N. Y.

N.
J.

A

Pennsylvania.— The Pennsylvania RR.,

A
&
&

p.

'essec, owns fWJ.690 stock out of the total amount
of $ 1, 022.459. $148,000 of branch bonds, and :.'.'. of
$1, 300,000 general mortgage bonds; net earnings
1875, $181,059. (V. 22, p. 206.)

do
do
do
do
do
do
do

do
do
do
do
do
do
do

Feb., 1889
July','i910
Aug. 22, 1877
Aug. 22, 1877

582).

A OAK— Gros« receipts,

net, $25), 175.
369.)

Philadelphia, Office.
Philadelphia, Office,

Oct,','i885

Delaware.— Delaware Citv to Chesa- $138,997.

Md.

Chesapenke

do

&"j. Phila. and Baltimore.
& J.
do
do
A J.
do
do
A J.
do
do

M.

io s.
7

do

do

J.

CANAL.
c*

do

Pittsburg, Office.
N. Y., N. Bk. of Com'rce.
Lch. Val. RR. Co.. Phila

l'a

and January,

City,

Philadelphia, Offioe.

& J
& J
& A
&A

4

—

Chesapeake

D
D

D
A

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

6

has more in progress, paid for out of bond s-des
(V. 20, p. 291, 571: V. 21, p. 245,
3*4; V. 23, p. 478.)

peake

l)

J.
F.

7
2

12,000,000
18,000,000
1,500,000
15,000,000
4,000,000
1,740,000

&
&
&
&
&

A. &"0. Leh.Vul.llR. Co., Phila,
F. & A.
do
do

J.
J.
J.
J.

6
6

Worcester & Nashua. Guarantees the stock and
bonds of Nashua A Rochester, leased. (V. 21, p.
590; V. 22, p. 545; V. 34, p. 158.)

$215,550; net receipts, $96,346. In a recently-published circular is a statement of the earnings of tho
tow! for the first eight months of the present fiscal
year, Riving the figures at $198, J20, against $87,365
in the eight months beginning 1st October, lttin.
Upon this oasis the ear Ings for the full year would
be about $310,001 Estimating the expenses at 60
iper cent (as in the previous year), the net earnings

F.
J.
J.

F.
F.

785,000
236,965
103,164

since default.

Annual report for last fiscal year, to September
iO, 1876. showed gross receipts, $311,90-2; expenses,

J.
J.
J.
J.

1876
1894
1884
1897
1897
1877
1882
June 1, 1911
1892
July, 1876
July 1, 1887
Feb. 4, 1877
Feb. 4, 1877

Sept. 2,

do
do
do
do
do
do

do

do
do
do
do
do

Q-f'-

6

sisted by the city of

18T4, in January, 1877.
In July, 1877,
the interest due on unendorsed bonds was not paid.

Philadelphia, Office.

6g. M. A S
Q-J.
6

717,000

_'<1

Susquehanna—Stock

400,000
900,305
700,500

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

1,000
1,000

\

-

1,789,800
350,000
250,000

1,000.

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

6
6

1,008,000
800,000
1,000,000
1,200,000
350,000
3,200.000
600,000
1,456,200

&o,

lionds—rriuoiWhen Due.
Stocks— Last
Dividend.

pal,

Bait., N. Mechanics' B'k Jan. 1, 1890
&
do
do
&
Jan. 1, 1890
do
do
&
Jan., 1890
Hagerstown.
Jan., 1890
&
6
&
Bait., N. Mechanics' B'k
Jan., 1895
6
&
do
do
Jan., 1900
6
&
do
do
Jan., 1902
6
Philadelphia, Office.
A. &
April 1, 1893
6
do
do
Jan. 1, 1896
J. &
6
do
do
7
M.&
New York, J. M. Pickrcll May 1, 1900
8
Bait., Safe Deposit Co.
J. &
Juno, 1900
7
"313 J. & D.
Dec, 1876
J. & J
London,
1881
s g M. A N
do
1886
J. & J N. Y., Nat. B'k Republic
1896
J. A J.
Boston, Oflice.
July 1, 1901
5* J. & J. Worcester, Office. July 1, 1876
do
do
1881 & 1887
6&7 Various
A. & O. Bost., Globe Nat. Bank. April 1, 1893
7
P. A A,
do
do
Feb. 1, 1895
7
A. A O.
April, 1877
3
A. & O. Bost., Globe Nat. Bank AprUl, 1894
6
Philadelphia, Office,
3
J. & D.
June, 1873
J. A J.
do
do
July, 1886
6
"9
Q-J. Bait., A. Brown A Sons
1870
Q-J.
London.
1890
5
J. A J Bait., A. Brown & Sons.
1885
6
F. & A
Philadelphia, Office
4
Feb. 4, 1877
J. & J
do
July 1, 1878
6
do
F. A A N. Y., Bk. of Commerce.
4
Aug. 1, 1876
M. & N
do
1877
7
do
J. A J
do
1884
do
7
J. A J
1891
do
do
7
A.
O N. Y., office, 71 B'way. April, 1878
7
A. & O
do
1894
7
do

6

648,700
221,400
749,000
4,618,500

1872
1871
1872
83
83
103
103
103
103

mortgage
Harris—Stock, consolidated
1st

mortgage

100

153

December, 1877.

Consolidated mortgage loan
Greenwood mortgage, registered
Uouongahela Navigation Co.—Stock

New

1,000

1873
1875

$700,000)

INTEREST OR DIVIDENDS.
When WJicrc Payable, and by
Whom.
Payable
Cent.

Rate per

$200,000
400,000
300,000
300,000
600,000
875,000

1867

181
181

-

<s

Outstanding

o o Bonds. Value.

Western Maryland— 1st niort., endorsed Bait. City
1st mortgage, unendorsed
endorsed by Baltimore
•2d
do
endorsed by Washington County
2d
do
2d preferred mortgage, unendorsed
3d mortgage, guaranteed by Baltimore
4tu
do
for Baltimore City stock
Western Pennsylvania— 1st mortgage
1st mortgage, Pittsburg Branch
General mortgage.
Williamslon <£• Tarboro 1st mortar s e
Wilmington, Columbia^ Augusta 1st mortgage ..
Income bonds
Wilmington d Weldon—Stock
Sterling bonds
do
do
Sinking fund b onds, gold
Wisconsin Central— 1st mortgage, gold, land grant.
Worcester d Nashua—Stoak
,
Bonds ($1 25,000 are 7 per cents)

Amount

Express Company.— A reference to the

Dinsmore and otters

in V. 19, p. 270.

for 1876 showed gross
receipts, $531,333; net, $35,399.
(V. 22, p. 180; V.

American Coal.— The report

24, p.

248.)

Atlantic dt Pacific Telegraph.—Of this stock tho
Union Pacific Railroad holds $2,420,000. Annual
report V. 24, p. 395. (V. 23, p. 160, 525; V. 24, p.
158, 180, 299, 395, 420; V. 25, p. 16, 115.)

Boston
p. 396.

Water Power Co.— Annual report in V.
p. 111. 396.)

(V. 23, p. 183; V. 21,

24

Auoost

MISCELLANEOUS STOCKS AND BONDS.

25, 1877.]

si, i... ri

i..-i

«

will rotifer a great favor bf Bluing

KIPTION.

1>| s(

Date

of
\pluuution of column headings, Ao., see notes at the
Bonds
bead of drat page ol tables.

m mrBL A N»t«C«— Continued.
Imitrorem,-nt Company Btooa*

XXAl

Immediate notice of any error discovered In ttieae Tables.
yliondt— PrinciINTKKK.HT OK DIVIDENDS.
Size, or
Pat
Value

Amount
ate per When Where Payable, and by
On standing Kate
Cent.
Payable
whom.

when Due,
Stoekt-lMt

pal,

I

Dividend.

•.

Canton

rllng

bonds (sinking fund one

Mortgai
on Kl;
-c

fifth of land sales)
honils. gc.ld sixes (lor $2,500,000)

$25
£200

1ST

l.MOIP

I

500 Ac
500 Ac
100

end. C. Co. (a. f., rents on $220,103)
do -d mort.,g.,en<l (s. f. ground rents ou $144,800)
Consolidation I'nnl »f Mart/land - Stock
mortgage (convertible)
onsollduted, convertible
Cumberland Coal and tron 1st mortgage
.

1873

l-i in. .it.,

,

do

do

Illinois

it

l

BM

I

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

100

—

1st

1875
1876
1870

100
100

scries
series

4th series
sterling debenture, convertible
debenture

Quicksilver

Mining Company—Common stook

100
100

Preferred stock

Mortgago bonds, gold
Southern & Atlantic Telegraph— Guaranteed stock
Spring Mountain Coal—Stock, guar'd 7 p. c. byL. V. BE...
united States Express— Stock
Wells, Fargo <£ Company Express Stock
Western Union Telegraph—Stock
1872
Real estate bonds, gold, sinking fund
1875
Bonds, coup or reg., ennv. till May. 1835, 8. 1 1 p. c
Sterling bonds, coup, (sinking fund 1 per cent, per annum) 1875
Wilkesbarre Coal—Stock

—

.

Canton Improvement Co..— The annnal report for
year ending May 31, lVJ, is in V. 24, p. 613. Of the
$8,500,000 mortgage $000,000 is reserved to pay sterling loan. The Company owns the stock of the
Union Railroad Compmy and guarantees its bonds.
(Y.22, p. 61 3; V. 24. p. 613.)
Cary Improvement Co.— Assets April, 18T5, $298,694; liabilities, $185,009.

Conto'idation Coal.— Annual report for 1876 in V.
p. 248, showing gross receipts. $1,924, 455; expenses, $1,416,156; net, $508,091. Consol. mortgage
bonds are held to retire old bond*. Guarantees also
Penn., and assumes
bonds of the Cumberland
?ia>,000 Un. Mining Co. bonds. (V. 22, p. 279, 415,
H; V. 23. p. 207; V. 24, p. 181, 126, 248.)
Illinois <B St. Lou's Bridge.— Interest passed July,
l8"5. The Bridge and Tunnel Railroad are in hands

24,

&

of Messrs.

10,250,000
887,000
388,000
137,000

408,000
500,000
400,000
3,756,000
2,000,000
2,492,000
1,000,000
1,000,000
1,000,000
7,620,000
10,000,000
5,000,000

"25
50
100
100
100
1,000
1,000

£100&c
100

A
A
A
6g. M. A
2i«
M. A
7
J. A
6
J. A
6
J. A
6
F. A
A. A
6
8
M. A
A. A
7 g. J. A
M. A
J. A
J. A
18' J. A

S*

J.

5,000,000
481,500
2.000,000
1,000,000
2,500,000
5,938,200
298,000
432,000
886,000

trustees.

do
do

J.

11)04

Nov., 1893

S.
J.

do
do

si

.

July

Mar.

A Co.

Jan. i',"l888

May

Boston.

•New York.

J.

19O0
1, 1901
1, 1888

Louis.

J. Lond.,J. S.Morgan
J.
St. Louis.

New York and London

i,"'l877

Jan. 1,1686
Jan. 31, 1876
In 5 years.
Sept., 1869
March, 1886

N. Y., Ill Broadway,

do

Teb. 1, 1877

do

Aug.

Q.-J.
New York, Office.
Q.-F. N. Y., Farm L. A T. Co,
A N.
do
do
F. A A.
do
do
F. A A.
i\>
do
A. A O.
do
do
A. A O.
do
do

6
2

M.

8

8
8

7g-

J.

2*3
3ia

J.

2

4
1*2

1,

1881

1893
Jan. 20, 1877
Aug. 15, 1877
May 15, 1881
Feb. 15, 1887
Aug. 15, 1892
April 1,1885
Oct. 15, 1878

A J
A O

N. Y., Company's Office.
1879
N.Y., West. Union Tel.
April, 1877
N. Y., Company's Office. June 11, 1877
New York, Office.
Nov. 15, 1876
New York, Office.
J. 'a" J.
July 16, 1877
Q.-J.
New York, Office.
July 14, 1877
M. A N N. Y., Union Trust Co.
May, 1902
M. A
N. Y., Treasurer's Office
May, 1900
M. & S London, Morton, B.A Co March 1, 190O
M. A N
Philadelphia.
A.

AD

N

i

g

-

(V.

to time, the last due Feb.
(V. 23, p. 112, 329; V. 44, p. 128.)

V. 24, p. 226.
Pacific Mail Steamship Co.—\ reference to the
pages here referred to N necessary to get nny definite information. See V. 22. p. 543. (V. 22, p.
42, 257, 281, 305, 368, 513, 543, 591; V. 24, p. 322,
sheet,

517.)
Pennsylvania

1004

St. Louis.

on the shares from time

gravity railroad

RB

N. N. Y., at 111. Cent.
O. New York and London.

A S.
Q—F.
F. A A.

204,500
603,000
5,708,700
4,291,300
400,000
948,000
1,500,000
7,000,000
5,000,000
33,787,475
1,498.000
3,988,000
1,001,160
3.400,000

1,
1,

London.
1000
8. N.Y.Co.'s Office, 71 B'y. Jan. 2, 1877
J.
do
do
Jan.. 1885
J.
do
Jan. 1, 1897
do
J.
do
do
1879
A.
do
do
Feb., 1879
0.
Now York. Office.
Oct. 15, 1875

M.

644; V. 21, p. 319; V. 23, p. 14.)
Mariposa Land <6 Mining Co.— Assessments made

Maryland Coa'—Balauce

A

Jan.
Jan.

N.

Various

20, p.

17, J877.

H. A Co
New York or London

London, Brown,

J.
J.
J.

l»fl

7

(1)

Morgan and Hnmphreys,

J.
J.
J.

Q.-F.

1

(1)

4,400,000
1. 605,000
10,000,000
20,000,000

1,000

1861

—

,ooo

1,000

100
500 Ao
100
100

50

mortgage honds

2d
3d

£200
100
100

Pennsi/leania Anthracite Coal— Stock
1st mortgage bonds
Producer? Consolidated Land <£ Petroleum- Stock
Pullman Palaee Cai Stock

Bonds,
Bonds,
Bonds,
Bonds,
Bonds,

1,000
1,000

1868
1871
s. fund..
1871
1874
1875
1873
sink. fund.
1875

Dubuque Bridge— Bonds sinking fund
St. Louis Fridge— 1st mortgage coupon,

if

mortgage, coupon
:M mortgage, coupon
4th mortgage
St. Louis Tunnel KK.— 1st mortgage sterling,
'2d mortgage
do
to
Jotra HE. Im nd Co.— Stock
Mariposa Land <i Xining Company Stock
Preferred stock
Mortgage bonds (lor $500,000)
Maryland Coal—Stock
Mercantile Trust— Kc?nl estate 1st mortgage bends
Ontario Silver Mining— Stook
I'acitic Mail Steamship Company— Stock
Bonds, coupon or registered (for $2,000,000)
J't n nsylea n ia Coal— Stock
•j.

I

1860

2d mortgage

Cumberland Ooal & Iron company Stock
Dunleith

ISO

1872

$1,107,500
578,000
923,000
783,000

Coal.— This company operatas a
of 47 miles connecting its coal

mines with its Branch of 16 miles, from Hawley to
Lackawaxen, which is leased to Erie Railway Co.
Pennsylvania Anthracite Coal.—TblB Company's

stock and bonds admitted to N. Y. Stock Board
Feb., 1877. (V. 21, p. 112.)

Pullman Palace Car Company— Report
p.

402;

last

Quicksilver

year in V.

21, p.

in V.

23,

467.

Mining Company.— Annual report for

1«76. with balance sheet, Ac, in
22, p. 2.33, 303; V. 2-!, p. 607.)

V. 25, p.

15.

(V.

Spring Mountain Coal Company.—This is guaranteed 7 per year till 1885 by Lehigh Valley
United States Express.— Hew stock of $1,000,000
issued. (V. 2.2, p. 159; V. 93, p. 87.)
Western Union Telegraph.—The company holds
$7,287,735 of its own stock, making the total
In May, 1876, purchased control of
$41,073,410.
Southern & Atlantic Company, and leased it. (V.
22, p. 18ii, 175. 182, 257, S68. 68, 591 V. 2D, p. f 8, 87,

RR

'

101, 280, 330,

378,

599;

V.

;

24, p. 158, 250,495, 56a.)

INVESTORS' SUPPLEMENT.

xxxii
H.

C.

WILLIAMS,
Member

[August

SKINNER.

B. D.

35, 1877.

WILLIAMS.

F. E.

of N. Y. Stock Exchange.

WILLIAMS &

H. C.

CO.,

Bankers and Brokers,

WALL

4S>

P.O.BOX400,
WE BUY AND

SELL, AT

NEW YORK.

ST.,

THE EXCHANGE. Gold, Government and Railway Securities on
OP STOCKS AND BONDS will be attended to with as

cash or time, and investment orders for SMALL AMOUNTS
-at as low rates of commission, as for large quantities.

commission

for

great care, and
are prepared to furnish quotations for the numerous Railroad
suitable for
Railroad
in Default of Interest, and to buy and sell the same. City,
INVESTMENT, constantly on hand. Letters of inquiry promptly answered. Daily PRICE LISTS sent when
on Daily Balances. Corredesired. Approved DEPOSIT ACCOUNTS, subject to Check, received, and INTEREST
spondence from Investors, Bankers and Dealers solicited.
quote as follows, August 24, 1877

We

Town and

Bonds now
PERMANENT

We

:

Bid.

Bid. 'Ask.

STATE BONDS.
Alabama State
do
do
do
Arkansas
do
do

t»,
8s,
8s,
8s,
Slate 6s,

1883-86
J8HS-8*
Chalt.
Ala.

&

Montg.

&

Elizabeth. N.

J&J
J&J
RR.

Eof.

6s,

various

6

J&J
J&J

A&O

7
111

..F&A

102

K»

J&

7s,new,1886

do
do
do
do

20

is'

3
5
103
113

,

Georgia State

,

.

J&J

'

A&O IS*

7s, gold, 18SI0-92
7s, endorsed

.

M&N

108

ua

.

104

8s

J&J ioi"
J&J 103
J&J 105
J&J 102

Illinois State 6s, 1878

do

6s, 1881)

Iowa State 7s, 1881
Kansas State 7s, 1899
Kentucky State 6s, various

io»

M

103

52
6s, old, various
52
do
6s, new, various
do
7s, Penitentiary, 1899.M&S 50
6s, levee, 1907
52
do
8s, levee, 1898
52
do
do
7s, consolidated
77
110
Maine State 6s, varions
.J&J 111
Maryland State 6s, defense. 1883
do
111
6s, exempt, 1837
Massachusetts State 5s, gold, various
115
Miction State 6s, 1878
100
6s, 18-13
104
do

MAN

M&S

.

ua

J&J
J&J

10

&J

100
106
106
106
103
105
110

6s, 187?- 78

J

6s, long bds, 1880-90.J&J
do
do
6s, funding, 189-2-94. J&
do
6s, Asylum & U., '93. J&J
do
6s, funding 5-20 bonds
6s, H. & St. J., '86-87.J&J
do
Hampshire State 6s, various
i

.

.

New
New Jersey State 6s, various
J&J
Now York State 6s, canal,' 17-78. J, A.J&O
do
6s, gold, 1883 .J, A, J&O
do
6s, gold, 1887. J. A, J &0
do
6s, gold, '91-1)3. J, A, J&O
.

do

bounty loan,

7s,

'77.

J&J
J&J

103

110

Minnesota State 7s RR.,rcpud't'd,'3J. J&J

M issouri State

102
101

do

ao
102

St. Louis,

loev
107
10ft'

ioa

J&J

F&A

6s, 1894

J&J

new

J&.j

coup.

J&

IBB

20

M

&

109
35
•id"
31
100

101

111

Burl.

Mo. Riv. Land M., 7s. "93. A&O
do
conv. M., 8s. 1878. .J&J

&

92
1(;0

CITY BONDS.

M&N

M

&
&

,

A&O

&

M&N

M

_

."
mlmi

.

Keokuk &
Little

M&S
A&O

&

Hk &

.J&J

1st M.,10s,1899.J&J
Ft. S.. L.G., 1st, 7s, 1903 J&J

Logansp. Cr. & S.W.,lst 8s,g.,1900.Q-F
Louisv. Cin.& Lex., 2d M., 8s, 1900.A&O

,

&

M&N

Mo. Kans.

Br,

Mobile

io

aa
10

IS

as

BB

n
110

25
aa
a

,

L.

Northern, 1st M., ts, 1890. .J&D
Mississippi Cent., 1st M., 7s, 1884..
do
2d M., 8s. 1836 ..F&A
Missouri Val., 1st M., 7s, 1893 ....

Milw.

as'

M&S
A&O H

&

J&J
...M&N

Rock. 1st M., Ss,'90.M&N
Midland Pacific, 1st M. 7s, g 1899.. F&A

48

&
&

&

7s, g.. 1899.
do
L. G. 7s, g., 1830
do
No. 11, 7s, 1596.
do
No. 16, 7s. 1916
Dcs M., 1st M., 7s, 1904.
L. Superior
Miss.,lst 7s, g., 1900.

Memphis
Memphis &

30
20
ao
HO

&

M&N

.M&N

M.,

1st

& Ont., 1st M 8s, :S92. J&D
& Charleston, 1st, 7s, '50.M&N

&

&

F&A

T., cons., 1st, Is,

g,.1904F&A

Ohio, £, ctfs., 8s,g., 1883.
do £, ex. ctfs ,6s g., 18*3
Interest 8s, 1883..
do

do
Montg.

M

2d

&

M&N
M&N
M&N

tnort., 8s, variou*.

Euf., end., 1st, 7s,

g,'8fi.

.

.

.M&S

112

Newark S. & Strnitsv., lst,7s,g..'99.M&N
New Haven & Wil., lstM., 7s,1889.M&N

loo'

N. J. Midland,
N. O. Jackson

K
-

do

30
21

Northern

8

Omaha &

IB

M
BB

12

BB

vt

85
TO
BB

.F&A

2d

7s, 1895...

M&N

Pacific, 1st, 7 3-10 g., 1900

&

,

do

Vt. Div.,

1st,

fis,

g.,'91.M&N

M&N

BB

...

Savannah & Char 1st M.. 7s, 188J. .J&J
Selma & Gulf, end.. 1st M., 8s, 1S90.A&O
M&N ...
Sioux C. &St. P., 1st mort, 8s
70
South Pacific, L. G lst.fie, g., 1838.. J*
. .

,

. .

1

M., 7s, 1887. ..M&S
S. F., 7s, 1900
8-. 1338... J&J

I.) 1st

do
70
32

. .

Port Royal, 1st M., 7s, 1889
...
Quincy & Palmyra, 1st M.. 8s, 1892.F&A 30
5
Kockf. R I & St. L., 1st. 7s. g .19I8.F&A
Sandusky Mans. & N, 1st. 7s, 1909.. J&J. 85

South Side (L

Kk)

I

M&N

,

103

J&

Southwest'n., 1st, 8s, '96. J&D
Orange & Alex., 1st mort., 6s
J&J
do
2d mort., 6b
Orange Alex. & Man., 1st M., 7s, '82. J&J
Peoria P.
Jacksonv., 1st M..7s,'94.J&
Peoria & Rock Isl., 1st, 7s, g., 1900. F&A
Pittsb. Cin. & St. L., 1st M., 7b, '80.F&A
Pt. Huron& L. Mich., 1st, 7s, g..'99M&N
1'orU'd & Ogdensb., 1st, 6s, g 1900.J&.1

I0B

KM

1st M., 7s, g., 1895..

& Gt. N., 1st, 8s. '86. J&J
2d, 8s, 1590 A&O
New Orleans J. & Gt. Northern, Consol.
N. O. Mobile & Chatt., 1st, 8s, 1915.. J&J
N. Y. & Oswego Mid., 1st 7s. g.. 1891. J&J
do

aa
BB

A&O

,

A&O

F&A

do

Marquette

101)

Chicago & Canada 8o.,lst M.,7s,1902A&O 12
Chic. Clinton & Dub., 1st M., 8s, '96.J&D ao
Chic. D.&.V., 111. Div., lst.7s, g.,1909A&O 88
do
Ind. Div., lst,7s,g., 1912 A&O
5

&

,

Macon & Aug 1st M., 7s, 1887
J&J
Macon & Brunswick, End., lst,7s,'88J&J

5
5

J&J
J&J
J&J

Central Iowa, 1st M., 7b, g
Chesapeake & Ohio, 1st 6s, g., 1899.M&N
do
do
2dM.,"s, g., 1902. J&J

a

F&A

M

&

108
111

107
1st M.. 8s, 1894
Fulton, 1st 7s, g., 1891
aa
California Pacific, 1st 7s, g., 1589
Hi
Canada Southern, 1st 7s. g.. 1906
I&J 47
Cedar Rap.& Mo. Riv., 1st, 7s, '91-4.F&A aa

fii

&

Indianapolis
Cin., 1st M., 7s, '8S.A&0
Ind. Cin.
Lafay., 1st M.. 7s. 1897.
Indianapolia & Viu., 1st M., 7s, 1908F&A
7s,1919.Var
Indianapolis
St. L.,lst
Iuternatfonal, 1st M., 7s, 1911
Ionia
Lansing, 1st M., 8s, 1889. ...J&J
Iowa Falls & S. City, 1st M.,7s,1917,A&0
Jackson Lan.
Sag., 1st M.,8s,1885. J&J
Jefferson, 1st mortgage, 7s, 1887
J&J
Jefferson Mad. & fntf, 1st, 7s, 1906.A&O
Kansas Pacific, 1st M., 6s, g., 1895..
do
lstM.,6s,g., 1896 ..J&D

,

100

30
aa

,

do
cons., 8s, 1892. F&A
Texas Cent., 1st, 7s, g., '91. J&J
do
W. Div.,lst, 7s, g., 1903. J&J
do
cons. M., 8s, 1912.A&0
Ind'polis bl & West., 1st 7s, g.,1909.A&O
exten., 1st 7s, g., 1912. J&J
do
J&J
do
Sd, 8s, 1890

&

&

103

&

Mo. (Neb.i,

,

Lenvemv. L.& Galv.,

Boston Hartford & Erie, 1st, 7s, 1900J&J
Burlington C.R.& M.,!st,7s,g.,1919.M&N
do Mil. Div.,lst,7s,g.,1902.F&A

&
Cairo &

Col 1st M., guar., 7s
Holly Wayne & M., 1st M., 7s, 1901. J&J
Houst. & Gt. North 1st 7s, g., loOO.J&J

&

in

A&O

Burl.

.

&

&

103
114
117

105
1»~

&

u

. . .

do
ex L. G., 1st, 7s, 1899. A&O
Grand River Val., 1st M., 8s, 1886. .J&J
Green Bay & Minn., 1st, 7s, g., 1900.F&A

Houst.

100

Chic. Dubuque
«., 1st M..8.'.1896.J&D aa
fis, const)]
2d series
40
;in
43
Chic. & (it. Eastern, lstM., 7s, '93-5
6s, deferred
J&J 5
Chic. & Mich. L. S., 1st M.,8s, var.. J&J
a
9
Chic.
Southwest., 1st M.,7o. 1S89.M&N SO
Albany, N. Y., 6s, Railroad, 1895...
ioa
Cincinnati H. & Day , 1st M.,7s,'80.M&N 109
do
7s, municipal .... Various no
do
2d M., 78, 1885. J&J aa
Augusta, Qa., 7s, various
81
86
01
do
cons. sink. fund.
Baltimore, Md., 6s, 1875
!06J< 107* Cincinnati
Ind., 1-t M., 7s, 1S9J .J&D aa
do
6s, 1890. ... J, A.J
O 110 112
Cin. Richm.
Chic, 1st M., 7s, '95 .J&J aa
Boston. Mass , 5s, gold, various
no 111
Cin. Richm. & Ft.W., !st.7s, g., 1922. J&D 50
do
6s, currency, various
112
111
Col. Springf.& Cin., 1st M.,7s, 1901.
aa
Brooklyn, N.Y., 6s, water, 1831-1908. J&J 104
ioa
Cleve.A Mahoning V., 1st, 7s,g.,'93.F&A OS
do
6s, Park, 1915-21. .. J&J 1M
K6 Col. Chic. Ind. C, 1st M., 7s, 1908
do
6s, Bridge, 1901-24.. J&J ioa
do
2d M., 7s, 1890.F&A
4
do
7s,
do 1901-24... J&J ua
lis
Col.
Ind. Cent., 1st
7s, 1904. ..J&J (10
do
7s, Park, 1915-21. ..J&J 116
130
Col.
Hocking V., 1st M., 7s. 1897.
108
do
7s, improvement, var
010
105
'Connecticut Val , 1st M., 7s, 1901. ..J&J aa
Buffalo N. Y., 7s, water, various
10J
in
Conn. Western, lstM., 7s. 1901
J&J 27
do
7s, funded debt, various.
ioa
iia
Council Bl.
St. J., 1st M., 7s, 18W.J&J to
Onicago, III., 6s, water loan, 188!.. ..J&J too
Danv. U.B. & Pckin, 1st, 7s, g.. 1909A&O
ioa
do
7b,
do
1895.. .J&J no
in
Denver Pacific, 1st M.; 7s. g., 1899.
do
7s, sewerage, 1895
J&J 108 in
Denver & Rio Gr.,lst M..7s, g ,190 i.M&N
Cook County, 111., 7s, rarious
110
Detroit Eel Riv. & 111.. 1st, 8s, 1891.. J&J
Cincinnati, Ohio, 6s, various
io a
B8
Detroit Lans.& L. M., 1st M.. 8s,'96.A&0
do
'
7s,
do
107
no
Detroit & Milw., 1st M., 7s. 1875... ,M*N
do
7 3-10, municipal
in
109
Dutchess & Colnmb., 1st
,7s, 1908 J&J
do
7 3-10, railroad
103
MM
East Tenn. Va. & Ga., 1st M.,7s,1900 l&J
Cleveland, Ohio, fis, various
108
Elizabctht'n&Pad.,lstM.,8s. 1890.M&S
do
7s,
_
do
toe
Erie & Pittsburgh, 1st M., *s, 1882. ..J&J
DMro.t, Mich., 7s. waf-r
110
do
cons., 7s, 1898... J&J
Itli/ahnili. N, .1 , 7a. iinnr .yem'l.
I",
Kvansv & Crawforrtsv 'st. 7s. 1897. J&J
1

BS
27'

J&J

M&^

&

Holly, 1st moit.. 10s, 1888..
Pere Mar., 1st 8s. L. G.,1883 M&S
Cons. 8s, 1802...
Galveston Hous. & H.. 1st, 7s, g, '90. J&J
Gr.Rap.& Ind., L.G..gtd.,lst,7s,g.'99J&J
.A&O
do
L. G. 1st, 7s, 1899

Greenville

103

M&N

do
7s, various
8s, various
do
Toledo, O., 73-108
do
8s

&

.

6s, old
6s,
6e, consols
6s, ex-matured

103

gold, water, 1887.
St. Paul. Minn., 6s, railroad, 1898. ..J&D

.

do
do
do
do
do

n
ma

J&D

10s, bridge, 1891...
6s, currency, various
fis,

.

South Carolina State 6s. old, var. .J&J aa
do
6s. Fund. A, 1566.
aa
do
6s, land C, '88. J&J 45
do
6s, non-fund. .J&J
Texas State 10s, pension
J&J 104
do
10s, funding
J&J 100
do
7s, gold
[08
Tennessee State 6s, old
J&J n
do
6s, new
J&J 4a
do
new series
J&l 43
Virginia State

98
104

30
33

M&N
M&N

&
&

do

101

108
108

Bid. Ask.

Evansv.T.H.& Chic ,1st,7s,g.,l9S0.M&N
Flint
Flint

100

102
100

BS
70
100

Ala.
Chatt., 1st M.,8s, g.,guar.,'99.J&J
Arkant..s Cent , 1st M., 8s, g., 1S91 .J&J
American Cent., 1st M., 8s, 1878
J&J
Atch.
Pike's P., 1st M.. 6s, 189S..M&N
Atci
.n & Neb., 1st
,8s, 189k
Atch. Top.
S. Fe. lstM., 7s,g.,'si9 J&J
do
Land Gr. 7s, g., 1902.A&O
A tlanta
Richm. A. L., 1st, 8s, 1900.J&J
Atlantic* Gt. W., 1st M.,7s, g., 1902. J&J
do Ohio div., 1st M.,7s,'?6
Atl.
J &J
Gulf, 1st cons , 7s, 1897
Atlantic & Pacific, landgr., fis, 1888.. J&J
Heloit
J&J
Mad.. 1st M., 7s, 1888

117
1S8
ioa
17

.

M&

6s, 1882
6s, 1-4*3

97

J&J H2V4
J&J

do

&

115

.

do
do

.

Ask

RAILROAD BONDS.

(>.-,

Island State

Mo.,

do

%

North Carolina State, fis, old
6s, N.C.KR ....J&J
do
do
6s, Fund. A. ,"63-68. J&J
8
do
6s, new bonds. J&J
a
do
68, special Lax
i
Ohio Statc6s,1881
J&J 101
do
6s, exempt, 1886
J&J in
Pennsylvania State &s, rg. ore, var.F&A 101
6s, 10-15 reg., 1877 82.F&A ,08
do
do
6s, 15-25 reg. 1882-92.F&A 110
.

new

.

95

do
6s, varions
7s, water loan
do
Providence, R. I.. 5s, gold, 1900
J&J
Rochester, N. Y., 7s, water, 1903.... J&J
Savannah, Ga., 7s, varions
St. Joseph, Mo., 7s, various..
....

114

.

M&N

78,1890

6s,

Pittsburgh, Pa., 5s

J&J

do

. .

.

do

It

.

.

.

.

Louisiana State

.

1898

J., consol.,

8s, water. ..A&O
Hartford, Conn 6s
Indianapolis, Ind.. 7 3-10, 1891-95.. .J&J
Jersey City, N.J., 6b, water, 1895 ....J&J
do '90-1913.J&J
7s,
do
do
7s, lmpr., varions...
Louisville, Ky., 6b, water, various
do
7s, municipal, various
Is, railroad, various
do
JAJ
Memphis, Tenn., 6s, 190ii
6s,gold, 1900
do
'&J
Milwaukee, Wis.. 7s, water, 1902
J&J
Mobile, Ala., 8s, 1899
Newark, N. J., 6s, various
7s, various
do
New Orleans, La., 6a, cons, debt, '92
do
78, fund. 1'n, 1894-95.
do
7 3 10s, lmpr., '80.J&IX
7b. gold, 1922 ...Q-J
do
New York City 5s, various
do
6s, various
do
68, gold, consol
7s. consol
do
Philadelphia, Pa, 6s, old. reg., var.
J&J

35

A&O

A&O

Grand Kapids, Mich.,

40
40

ER....

F. D., 1899
7b, railroad, 1 900. ...
7s, levee. 1901
Connecticut State 6s 1831-84
exempts, 1885 ...
do

Rhode

Bonds

ALLOWED

M&N

South. Minnesota 1st M..
Steubonv.& Indiana 1st

M

.

fis,

lS84.Var

9)
58
64
80
5
55
34
4

Jo.& Denver C, lstM. ,8s, g.,'99F&A
St.L.& Iron M..Ark.Br..1st.7s,g.'95.J&D
St. L. & Southeast 1st M., 7s, 1894.M&N
cons.. M., 7». 1902. F&A
do
St. L. Vand. & T. H., 1st M., 7s, '97. J&J 100
St. Paul & Pacific. 1st mort., 7s, g
35
Snsp. Bridge & Erie June. 1st 7s
Texas Pacificist, L. O. M, 7s, 19:2.T&1 22
Tol. Canada So.& Dot. 1st 7s, g„190«J&J 15
Tol. Logansp't & Burl.. 1st 7s. 1SS1.F&A 65
Union & Logansp., 1st M., 7s, 1905. A&O 08
Un. Pacific So. Br., tst M., 6s, g.,'99.J&J 55
St.

,

W. Wisconsin,

1st. L.

Wisconsin Cent..

G.

7s, g.. 1887.

1st M., 7s. 1901....

J&J
J&J

30
30