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Street Railway
SUPPLEMENT
OF THE
0MMERCIAL &
(]|
P lWANCIAL
(^ HRONICLE.
FOR INDEX OF COMPANIES
See pages 93, 94, 95 and 96.
A."ULa:-CLst
26, 1899.
WILLIAM R DANA COMPANY, PUBLISHERS,
PINE STREET, coeneb PEARL STREET,
IrEntered. ooorfllngtoAatof CongTMflintbeyflarl899 by William B.
NEW YORK.
Paha CoMrAKT, In office of UbnxUta-ot Cop<raM,WMhlngtoruD.^-l
|
CHANDLER &
A. N.
CO.,
BANKERS,
THE BOURSE, FIFTH STREET FRONT, PHILADELPHIA.
HIGH-GRADE INTESTMENTS.
FIE8T MORTGAGE RAILROAD BONDS AND OTHER
AU bondB offered by us have been carefuUy selected and investigated
of the property
and permanent
financial success of the
condition
as to legality of issue, physical
Company.
An experience of many years affords the advantage of
intelligent counsel in the
making
of mvestments.
financing of corporations.
Attention given to the organization and
ENTERPRISES.
CAPITAL FURNISHED FOR MERITORIOUS RAILROAD
HOLLINS &
H. B.
COR.
Issue
WALL AND BROAD
CO.,
STREETS,
Available in aU parts of the World.
Letters of Credit for Travelers,
DEALERS
IN
INVESTMENT SECURITIES.
MORTGAGE BANK OF MEXICO.
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BOND AND STOCK BROKERS,
300 North Fourth Street,
-
St.
Louis,
Mo.
INVESTMENT SECURITIES AlO) MUNICIPAL
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BONDS. WE BUY TOTAL ISSUES OF
COUNTIES, SCHOOL AND STBEET BAILWAY
COMPANY BONDS, AND DEAL IN HIGH-GBADB
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MAILED ON
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W. HARRIS &
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Street Railway
SUPPLEMENT
OF THE
[|
0MMERCIAL &
f lNAWCIAL
VOLUME
LXIX.
A.ixgTist Qe,
WILLIAM
B.
1899.
DANA COMPANY, PUBLISHE^RS,
PINE STREET, corner
[
(^ HRONICLE,
Entered according to act of Congrese, In 1899, by William B.
of
PEARL STREET, NEW YORK.
Dama Compant, In office of the Ubrarlan
of Congress, Washington, D. C. J
Enter«# accord! ug to Act of Congress in the year 1899 by
WILLIAM
B.
DANA COMPANY,
the office of the Librarian of Congress, Washington, D. O.
Street Railway
SUPPLEMENT
OF
(C
ommercial &
F inancial
[Entered according to Act of Congress iu the year 1899 by Williaji B.
NEW
The Street Railway Supplement Is issued semi-annually and is
famished without extra charge to every annual subscriber of the
COIOIERCIAL AND FiNANCLAL CHRONICLE.
The Investors' Supplement, Isssued quarterly, is also furnished
without extra charge to every subscriber of the Chronicle.
The State and City Supplement, Issued semi-annually, is likewise
furnished icithout extra charge to every subscriber of the Chronicle.
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Terms for the Chronicle, including the four Supplements above
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B.
DANA COMPANY,
Publishers,
Pine St., corner Pearl St.,
New
York,
STORAGE BATTERIES AS AUXILIARY
POWER.
Storage batteries some years ago seemed likely to
be an important factor in the change of motive-power
on the horse-car lines to mechanical traction, which
was then being extensively undertaken. This expectation of their usefulness as a system of street-railroad
motive-power has been unrealized. Many experiments
were made under various conditions, but the success
which seemed at ore time likely was never attained,
and the marvelous development of the overhead electric
trolley construction soon made it improbable that any
other system so cheap in first cost of construction and
in operation, could be developed to compete with it.
It is, in fact, only within the past couple of years that
it has been possible to point to a road entirely operated by storage batteries, and only two or three euch
lines are
now
{^ hronicle.
Dana Company, in the office of Librarian of Congress, Washington, D. cJ
YORK, AUGUST
Street Railway Supplement.
WILLIAM
THE-
it
in another
we have
1899.
26,
form which
mind
will better suit the
— the
average load upon the powerhouse machinery, as the result of the number of passengers moved, is much more than the minimum load
during a given period, and much less than the maxi-
mum
in
This inconstant loading of the engines
and dynamos is a serious disadvantage to economical
load.
operation in
is
many ways. A much more
required than would be necessary
if
extensive plant
the loads were
more evenly distributed; the machicery
is
apt to be
dangerously overloaded during the period of greatest
stress; the efficiency is unfavorably affected and depreciation is much more rapid than when the load can
be so regulated that it is nearly uniform at all times
during which the engines are in operation.
Dynamos cannot store the electricity they generate;
therefore a street railroad has to provide a power
equipment to meet the greatest possible demands
upon it, so far as they can be anticipated. To do
this it is usually desirable to put in a generating plant
of considerably greater capacity than required by the
maximum load usually developed in practice. This is
in order to have a reserve power for sudden or unexpected demands, as the transportation of an unusual
holiday crowd for instance, which may otherwise
dangerously overload the equipment. Under these
conditions a large part of the generating plant must
remain idle most of the time. The periods of maxi-
mum
loads are
They
occur usually
commonly
in
of
the
very short duration.
morning or evening,
that being the time when, as a rule, traffic
in operation in this country.
While the storage batteries have not succeeded in
making an important place for themselves as a traction system, they have developed an important and
widening field of usefulness in the operation of trolley
roads.
Pew such companies are now without a battery of accumulators acting as a source of surplus
power to meet emergencies and to relieve the load on
the regular generating machinery when the heaviest
demands are made on it.
Street railroad travel is so fluctuating and irregular
that the amount of power which it is necessary to
produce at the power-houses to furnish sufficient electric current to move the cars on the line constantly
varies, not only on different days, but at different
hours of the same day. The average travel, or to put
—
thought
est,
though special occasions
rule.
It is
heavi-
is
upset the regular
will
not only the hourly changes in the
traffic
and load which have to be cared for by the generators,
but the momentary fluctuations as well.
This fluctuation in the load to be carried and the
adaptation of storage batteries for carrying such varying loads has brought them into prominent and
wide use in both electric-light and electric-railway
power plants.
They bring about a very decided
economy
sible
in
other
and
fuel,
large
minor expenses,
in
savings
besides
most
in
relieving
equalizing the load and allowing
pos-
conductors
and
the
them
generators,
to be used to
making possi'ole the installa smaller plant than would be otherwise neces-
their full capacity, thus
ing of
make
cases
STREET RAILWAYS.
«ary.
The
the dynamos
demand
is
current which is no*
when the load on We refer to the fact that the
the resistance of the rail joints disand they discharge when the made to overcome
attacks the
batteries are charged
is
light,
overheaviest and would otherwise tax or
tributes itself through the
ground and
m
deterioration
accumu- gas and water pipes, causing serious
load the generating plant. That is, power is
possibility of the railroad
economically and them and bringing up the
lated when it can be produced most
for their destruction.
discharged as being assessed in heavy damages
stored until needed, and then it is
The most common method of rail-bonding is by the
of the
care
take
to
used
being
sides
B:
required.
the end of each secde- use of copper wires fastened near
peaks of the loads, and the fluctuations in the
connected
tion of rail, carried around the joint and
mand for power on the generators, storage batteries
This,
section.
end of with the opposite end of the adjoining
are also used in street-railroad work at the
deteriorates in efficiency, and does
at such points however, rapidly
pressure
the
up
keep
to
feeders
long
The
not prevent a large loss of power at this point.
and to obviate the necessity of sending the maximum
best conconductivity of such a bond, even under the
current over the long feeders from the power-house.
the resistance of
ditions, appears to be much less than
The economy of their use in this way is apparent.
surplus power
the break in the rail, and of course the
While the uneven loading of the generators is deOther methods of welding do not seem
depreciation, IS wasted.
structive to their efficiency and hastens
thorough satisfaction that any of
or extreme to have given such
-the storage battery will stand overloading
although some, particuof them is in very general use,
Hundreds
injury.
without
fluctuations
and rapid
of cast welds, have obtained
in a larly the many varieties
horse- power can be silently stored and delivered
electrically welding
change considerable favor. The idea of
Tery short period if required, without apparent
with rail joints altogether
action the rails and doing away
in the battery. The energy being chemical, its
or two ago, and the method
It was much heard of a year
remain.
elements
chemical
the
while
will continue
It was found*
parts of the country.
said above that used in various
•will be seen from what has been
and it is
however, that the weld often broke open,
accumulators furnish a surplus reserve power obwhich have
costly to renew it, and those companies
tained at the most convenient time and the lowest
do not seem
the electrically welded joint in the track
Instantaneemergencies.
for
ready
always
and
^ost,
welding seems
to be extending its use. The process of
ous failure in the delivery of energy is not possible
them, so that
to decarbonize the rail ends and weaken
with storage batteries, while their use precludes the
form in
even when the welds remain good, soft spots
overloading of the generators or the inability of a comjoint.
the head of the rail on each side of the
pany to take care of extreme or sudden demands upon
the
Some officers speak with a good deal of favor of
dts power capacity.
considered as more
plastic bond, the extra cost being
conductivity
than made up by the high powers of
TRA GK- B ONDING.
The conducting material
the rail.
elec- which it gives to
of
rails
the
bond
to
use
in
are
devices
Many
elastic covering placed
the is a metal putty enclosed in an
tric street roads at the joints in order to reduce
the
rail and the inner side of
It between the web of the
-resistance to the return current at those places.
contact surfaces being cleaned and
efficient angle plate, the
-can hardly be said, however, that thoroughly
conductor adheres so closely to
this then silvered; the
for
devised
been
yet
have
means
satisfactory
and
subsurfaces that water or other corroding
The problem is a very important one, for these
purpose.
The elasticity of the constances cannot penetrate.
the loss in the transmission of current by ineffective cr
by the
ductor prevents its being injured or broken
improper bonding is one of the very serious leaks in
Whatever
joints.
jars of the wheels passing over the
the expenses of almost all electric railroad companies.
bondmeasure of success with this or other types of
More and more systematic study is being given to the
readily
the importance of perfect bonds, always
problems like this, and there can be no doubt that ing,
admitted in the abstract, is leading to careful
many opportunities are offered to a skilful manager to enough
improvement in
analysis and investigation. A great
decrease his expense account by attention to such facmethods must follow as the result of the
The problem of the rail joint in street- bonding
tors.
present active attention devoted to the subject.
railroad work presents two aspects ; as a weak point
of larger
In steam railroad service the full benefits
in the track, and as a troublesome break in the conuntil the track
cars and engines cannot be realized
tinuity of the electric current occurring in every 30
in electric
has been properly prepared for them, and
feet of rail length, and therefore several hundred
new and imrailroad practice the full economy of
times in a mile of track.
power-house machinery in reducing the cost
The losses which occur in the transmission of power proved
propower is not obtainable unless the power when
are often as large as the amount of power actually re- of
loss in transis carried with the least possible
quired to operate the whole number of cars in service duced
the cars which are to be moved along the
on a line. Now, if twice the amount of power that mission to
The highest type of engines and machinery
does useful work has to be produced, the outlays for rails.
supplebest arranged power-houses must be
machinery and all the apparatus needed in the gen- and the
by good wire and track construction. In
eration of power have to be doubled, and the running mented
power at
other words, it is not sufficient to produce
cost as well as the interest on the capital invested in
also
a cost as possible, but it is necessary to
those matters is twice as large as would be sufficient if as low
practicto use it in the most economical manner
the full efficiency of the current could be made availa- plan
least diversion from its ultimate purpose.
Of course there is some unavoidable loss in able, with the
ble.
a large part of the efficiency in powertransmission, as well as in the efficiency of the motors, Otherwise
will
production and saving in expense by lower costs
etc., but that through faulty connections and poor
be lost.
rail bonding, causing extra resistance, is greatly lesThe fact that much the largest share of the losses
jened, if not entirely eliminated, by proper constructransmission of the power current is attributed
Besides the large waste of power through de- in the
tion.
shows the
imperfect rail-bonding methods in itself
iective rail-bonding, it has other harmful resulti. to
I
STKEET KAILWAYS.
need of more efficient devices to decrease the resist- transverse seats and accommodate at least 50 people,
ance at these points. The conditions of the problem while the closed car of the largest size, say 34 ft. over
do not seem to be so intricate as to preclude the de- all, has a seating capacity for 16 less than this. l?at
velopment of some means of effectually stopping the its maximum load is almost as great as that of the
open type. J^'ully loaded with passengers, the weight
carried on the rails is 34,000 pounds; that of the open
losses.
or EX AND CLOSED CARS.
car carrying 16 more seated passengers is only 34,700
the street railroad companies have a pounds. The greatly increased carrying room of the
duplicate equipment; that is to say, they have closed open car is gained with a very material reduction in
cars for use in winter and the months of cooler tem- the dead or non-paying load; the body weight of a 10perature and open cars for summer service.
This bench open car is about 7,330 pounds and the axle,
Almost
all
was as true of the old horse-car lines as it is of the trucks and wheels weigh an additional 7,200 pounds;
most modern-equipped electric street railroad. Such each of the corresponding figures for the closed car is
a duplication of equipment seems in some sense a larger, the dead weight of the car-body being from
waste of capital, for at first glance it does not appear like good business policy to build twice as many
cars as will be operated at one time and have the
other half of the equipment idle in barns. The an-
7,825 pounds to 8,3C0 pounds, and the running gear,
6,750 pounds to 8,300 pounds.
CAR TRUCKS.
swer is, of course, that it would not be done if it were
In the development of the electric railroad the car
not found advisable and profitable in practice. The truck has received its fair proportion of attention.
economy resulting from the use of the open cars dur- The progress in this feature of mechanical operation
ing the months in which they can be run offsets the has been marked, and considering the rapidly- changexpense of duplicating the equipment.
ing conditions of service and the severe demands
The first advantage from the running of open cars made upon the truck designers and builders, they
is the greatly increased passenger capacity obtained have been quite successful in keeping pace with the
per car unit; this adds directly to the revenue per car, requirements set for them to fulfill. An easy-riding
while there is at the same time a considerable de- trnok is essential to satisfactory railroad service, and
crease in expenses.
The labor charge is no greater this seems to have been secured in many of the types
than with a car seating a less number of passen- now offered to street-railroad managers. Indeed, in
gers, but the investment in the original cost, the no other of the appliances used in street-railroad
power consumed in operating, the wear of the rail, work is there the wide variety of design to choose
and other items of running expense, both in the from, with so much to be said for each type. The
aggregate and per car mile or per passenger carried, trucks used under the old horse cars were poorly deare each and all materially decreased.
The greater signed and not constructed with any particular care,
attractiveness of the service with open cars encourages so that riding in such cars meant a good deal of jolttravel, and indeed there are few inducements of- ing.
Their short- wheel base gave to the cars a lurchfered by the street-railroad lines so potent in drawing ing motion which was anything bat pleasant.
passengers to their lines as the running of well-built
The widening of the wheel-base of the trucks used
and well-cared-for open cars. From the operating under the cars on the electric lines was very early
officers^ standpoint, then, there are many reasons en- undertaken, even before the cars themselves began to
couraging the running of open cars.
Under the cir- be lengthened. But this idea can only be pursued up
cumstances it is not surprising that the street-railroad to a certain point, for many electric railroads are
companies are so anxious to keep these cars in service built with curves of very short radii, requiring
as long as the weather makes it possible to do so.
trucks of short-wheel base to carry the cars around
It would be valuable to have operating statistics them.
Double-swinging trucks soon came into use
which would exhibit the relative economy of the
closed and open cars, but these, so far as we know,
are not obtainable.
The economy at any rate is very
The mere
heavily in favor of the open type.
figures
of the difference in carrying capacities indicate sufficiently
how important
a
saving
in expenses
as the cars increased in length.
largest
as an open car with seven or eight benches, the latter
A
being about 27
increased weight,
design has to be most carefully worked out, so as to
give the greatest possible strength within the pre-
is obclosed car, for instance, of about 28^ ft. in
length over all, is approximately of the same length
A
tained.
The
the speeds made and the loads carried, as well as the
severe conditions of service in other respects, call for
a high type of truck in design and construction. The
scribed limits, to secure easy-riding qualities, and the
amount of possible tractive force for the weight.
type of truck which is coming into general use
however, on long cars where double trucks are necessary is the
is from 35 to 40 passengers, while the closed car has so-called maximum traction truck, of which there are
seating accommodations for only 26 passengers.
The many styles, differing more or less in details of conweight of the car-body of a 7-bench open car is 5,500 struction, material, etc. The design is intended to
pounds, or of an 8-bench car, 6,160 pounds, but the place the greatest weight on the pair of driving
body- weight of the 28- ft. closed car is 7,126 pounds.
wheels, and in most types these are of larger diameter
ft.
long.
Its seating capacity,
With a larger seating capacity and, therefore, a
As the length of
than the second pair of wheels, which are chiefly
trailers, though enough weight is distributed on this
second pair to overcome any tendency to derailing
from light loading. In such a design it has been
possible to safely put 66 per cent of the weight
increased the advantage in seating capacity
proportion of dead weight to the maximum
load grows very rapidly. Most of the open cars which
on the driving wheels, while 70 per cent of the total
braking force of the car is exerted on them. Malleable iron and cast-steel is almost wholly need in the
bet-
revenue-producing ability, the dead weight of the
open car is much less than that of a closed car of approximately the same length, the saving being equal
ter
to several thousand
the car
is
and
in the
are
now
built to
pounds per
car.
meet modern conditions have ten construction
of these tracks.
STREET RAILWAYS
6
THE SERVICE OF STREET-CAR AXLES
The
best record in service, but the reports as to the liability of breakages with these or cold-rolled axles are
large proportion of axles on street railroad cars not at
all
uniform.
Some companies
find that there
as breaking
is a tendency in the latter to spring when the key
the
under
use
short
seat is cut for the gearing.
service after a comparatively
The strength of an axle and its liability to breakcars would seem to indicate that greater attention
needs to be given to their designing and purchase. age are not alone to be considered, but also its
which are constantly being reported
in
The nearly conStreet railroad service in some respects makes even toughness and resistance to wear.
steam
than
subjected under
axles
of
are
strength
tinuous service to which they
greater demands upon the
railroad practice, while it would seem asif the system- street cars makes replacements an important matter
which axles are submit- to street railroad companies. The life, as well as the
ted before being accepted by steam railroads are not for strength, of axles, is increased by enlarging their diMany of ameter, and there has been a marked tendency in this
the most part followed by street railroads.
the latter companies, to our knowledge, issue no direction for some time past. The increasing weight
specifications whatever, do not attempt to fix the of car bodies and of motors, even if it be distributed
chemical composition of the metal used, nor under- by putting an additional truck under a car, must be
take to test any of the axles delivered to them by the met in part by using larger axles. Some companies
manufacturers, considering it sufficient to determine which have been using axles of 3f-inch diameter, a
the dimensions necessary to fit the axles to their size very common, have found that the life of the
equipment.
axles was doubled by increasing the diameter to 3f
Such a practice hardly seems to indicate an appre- inches. Four-inch axles, however, are being quite^
ciation of the importance of having axles of the best generally adopted, although in many cases the motors
quality and workmanship to assure safety in running do not allow for the use of so large a size without exThe past pensive changes in the equipment. The weight o£
cars carrying large numbers of passengers.
freedom of street railroads from serious accidents the motor, however, must in part be borne by the
brought about by weak axles is not assurance of axles, and it is therefore a factor calling for increased
future immunity; the possibility of accidents can strength. As it is carried without spring support, it
hardly be overlooked in view of the many axle fail- increases the severity of the shock sustained by the
ures reported, some of which are certain sooner or axles at low joints or other inequalities in the track,
later to occur when unfortunate results will ensue. and naturally adds to the danger of fracturing the
Axles should be put under cars only when their axle.
strength has been thoroughly tested, the composition
It seems to be thoroughly established that far the
and the quality of the metal ascertained and the largest share of axle failures occurs through poor demethods of manufacture known. This implies care- sign of the key way or because of square shoulders.
ful inspection by qualified officers of the mechanical The weakest point of the axles is undoubtedly at the
departments of street railroads, and we look to see key seat. A recent investigation into the causes of
the necessity of some such system generally recognized axle breakages brought out the fact that their failure
and enforced. Steam railroad officers specify and care- was always at the key way in axles having a key seat
fully inspect car axles, and the conditions on street with square ends.
This weakness has been found to
railroads, with their high speeds and the heavy equip- be easily remedied by cutting the key way with taperment now in service, are more closely approaching ing ends or milling it with round corners. Comthe conditions on steam roads and call for similar panies which have changed the axle key ways in this
methods or procedure in many cases.
manner have had excellent results, their axle failures
Street-car axles are now sometimes made of ham- being practically eliminated except from special
mered iron, but more usually of cold-drawn or cold- causes. In key seats cut with square ends the weak
rolled steel, in some cases forged or hammered steel section of the axle extends beyond the gear hub, while
being used. Iron axles, however, are hardly satisfac- with tapered ends the weakest part is placed in the
tory for use on a road with a heavy traffic or large centre of the gear case hub, which, being set up tight,
The breakages are heavy and most companies serves as a reinforcement where added strength will
cars.
which have had them under their cars are replacing be most serviceable. If the axle design provides for^a
them with some type of steel axle. Those of ham- substantial fillet, instead of square shoulders, fracmered or cold-drawn steel seem to have made the tures at that point will rot be troublesome.
atic specifications
and
tests to
Street Railways.
SECURITIES AND REPORTS.
Supplements.
remembered that they are inter-dependent
and with the fresh items of news the Chroniclb contains from
week to week, the investor will have all the information he needs in seeking a safe and remunerative lodgment for his money.
Street Railways forcibly illustrate this inter-dependence. Such roads obviously rely for their income, and therefore in
great part for the value of their securities, upon the population and activity of the country they serve. Hence constant
reference to our State and City Supplement will be found necessary by those wishing to purchase the stocks and bonds of
street roads. Population, assessed valuation, tax rate, total debts of the counties, cities and minor municipalities are given at
length in that publication, every one of which items is an essential fact contributing more or less to any correct estimate of
the amount of suburban travel a given road commands.
The Abbreviations used in our Street Railway statements will be found explained in a table immediately following the
last statement in this Supplement.
A full Index which shows where each railway will be found is also given on the closing pages.
This
is
one of our four
publications, complete only as a whole.
In using the series
AKRON, OHIO.
TRACTION-TroUey.
Incorporated in Ohio, July 12, 1899, and is a consolidation of the
Akron Traction & Electric an I of the Akron Bedford & Cleveland.
For statements of these roads at the time of consolidation see Street
Railway Supplement of May, 1899, pages 9 and 32. The Akron
Traction & Electric was successor to the Akron Street Railway &
Illuminating Company sold at foreclosure March 28, 1899, and then
purchased hy Henry A. Everett, of Cleveland, as preliminary to the
present consolidation. Mr. Everett is also President of the Cleveland
Electric Railway, known as the " Big Consolidated," with which
system it is supposed close relations will be maintained.
Maturity
Outstanding.
Date, interest.
Stock & Bonds—
Common stock, par $100
$2,000,000
Pret. stock, 5 p. o. cum.,)
1,000,000
par$100
\
Ak. Trac. <fc Elee. bonds,
gold, $1,200,000 ($1,-S-1899
1923
5 g.
900,000
000 each)
Ak. Bed. & Clev. 1st M.,
$300,000 ($1000);mort.
)
1895 5g. M&S
$300,000 Sept.1,1915
Central Tr. Co., N. Y., trustee, pays interest.
Further bond issue limited to $10,000 per mile of new track.
Ak. Bed. (fc Clev. gen. M. ) 1898
5 A&O
$700,000 Oct. 1, 1918
covers 27*10 miles..
($1,000)
$
Mort g.,
laort.
ff
«3
0lonoo
ifJ,OJO,000
Dime Savings Bank, Cleveland
51899
5
g.
.
trustee.
1919
(?)
Central Trust Co. trustee.
Bonds— Of »he $3,000,000 Northern Ohio Traction bonds, $500,000
will be reserved as an extension fund; rest goes to retire existing
bonds.
Plant— The old Akron Traction & Electric comprised about 22 miles
of track in the city of Akron, Ohio, and suburbs, its line extending
to Cuyahoga Falls and Silver Lake, and also had 14,000 Incandescent
lights. The Akron Bedford & Cleveland comprised 30 miles of track,
it8 line extending from Akron to (Cleveland. Combined mileage of
Northern Ohio Traction, 52 miles.
Officers— President, Henry A. Everett. Cleveland, Ohio; Vice-Pres.,
William Christy; Treasurer, J. R. Nutt; Secretary, C. S. Moore; Manager, L. S. Beilstein. General offices, Akron.— V. 68, p. 425, 616, 869,
1074; V. 69, p. 131, 230, 334.
^
AKRON
&
CUYAHOOA FALLS RAPID
TR ANSIT-A trolley road.
&
Stock
Bonds— Miles. Date, interest. Outstand'g. Maturity.
8t'k,$l,000,000.$100
$1,000,000
Istmtge., $600,000..
23 1895
6 p. c.
400,000 Sept. 1, 1915
West End Trust & Safe Deposit Co. (trustee), Philadelphia.
Road— 23
miles.
Ralls 66
lb.
T-
Pres.
is
to be
$250,000 in April, 1899. In Aug., 1899, N. Y. Railroad Commission
gave authority to Issue $1,200,000 5 per cent bonds, $1,000 each, interest payable April and October.
Officers— President, W. H. Burgett, Boston; Treasurer, CJharles E.
Bibber, 49 Federal Street.Boston; Secretary.W.H.Ervln.— V.69,p. 383.
Population 1890 was 27,601; in 1880 was 16,512;
and in 1870 was 10.006.
NORTHERN OHIO
it
If utilized together,
and Gen. Man.,
T, F. Walsh.
ALBANY RAIL^WAY-A
&
C
Leased line securities —
WatT.&RR.— St'k $100
Aug.
1,
1^2
and
tion until July, 1900. The Albany ConstructiOQ Co. (93 State Street,
Albany), which is building the road, increased Its stock from $5,000 to
June, 1899, operated 42 miles of track In city of
also to Troy, Cohoes, Rensselaer and
Albany and suburbs, extending
Watervliet, as follows
Track owned in fee.
Milet.
Track leased.
2^
24
Cohoes City
Watervliet Turn. & RR. Co. 16
Annual Report—Years ending June 30th (SeeV. 67, p. 951.)
1898.
1899
1899
1898
$41,795
$680,480$627,5'86 Interest
$46,484
Gross earns
59,424
238,084 228,091 Tax.ren'ls.eto. 61,212
Net
122,500
126,875
1,424
8,232 Dividends
Other income.
8ur.l2,604
Netincome
239,508 236,324 BaLforyr....sur. 4,937
GENERAL BALANCE SHEET JUNE 30, 1899.
Main line and
Miles.
brs. (trolley)
.
.
Liabilities.
Assets.
Costof road
CapltalstockA scrip. ...$1,750,000
974,000
Funded debt
2,728
117,049 Int. due and accrued
75,455
16,739 Open accounts, etc
71,190
35,856 Profit and loss, surplus.
27,467
)-.„ a-raoM
5*^'"^**''^°'*
Costol equipment....
Stocks & b'ds, other cos.
Cash on hand
I
$2,873,373
|
$2,873,373
Officers— Pres., Robert C. Pruyn; Sec, James McCredle; Treas. and
Gen. Man., John W. MoNamara. Puroh. Agt., Joseph. S. House— V. 67,
p. 951,954> V. 69, p. 3 83.
ELECTRIC RAIL\VA Y— To be a troUey road.
Organization, Etc.— Chartered Nov. 15, 1895, to build a road from
Albany over the Helderburg Mountains to Mlddleburg and Schoharie,
with a branch to Clarksvllle, making altogethar 45 miles. Will also
carry freight. Stock, authorized, was increased from $300,000 to
$1,250,000 in March, 1899; par f 100. Road was to have been con•tructed during spring of 1899, but now Is not expected to be in opera-
240,000
1 extra.
Road— Company in
Supplies on hand.
ALBANY HELDERBURG & SCHOHARIE
i^ p. 0.
6 M. - N.
350,000 May 1, 1919
150.000 May 1.1919
6 M. - N.
Stock— In 1896 stock was Increased from $1,500,000 to $2,000,000.
Bon DS— The general mortgage of 1 897 is for $750,000,of which $474 ,000 has been issued and $276,000 reserved.
Dividends— For year ended June 30: In 1892, 6 p. 0.; in 1893, 12;
in 1894, 6; In 1895, 6; in 1896, 6; In 1897, 7; in 1898, 7; in 1899, 1^,
1889
1890
1st M. int. guar
2nd M., p. & L guar
N. Y.
Population 1890 was 93,313; in 1880 was 90,758;
AND IN 1870 WAS 69,422.
In 1863.
000), la controlled by parties Interested in the Albany Ry.; the latter
leases 2^ miles of the track of the Cohoes City.
In August (1899) consolidation proposed with the Troy City Railway,
the Troy & West Troy Bridge Co. and the Union Bridge Co. V. 69, p. 383.
interest. Outstanding. Last div.,<ic
Date,
Bonds—
Stock
Stock (see text) par $100
6 Q.-F. $1,750,000 Aug.l'99,2i«%
29,000 Jan. 1,1905
1865
5 J.-J.
IstMortgaee
11,500 Mch. 1, 1905
1880
6 M.-8.
4th Mortgage
32,000 Sept. 1, 1913
1888
5 M.-S.
5th Mortgage
428,000 Jan. 1,1930
5 g J.-J.
Consol. M. ($.500,000),) 1890
gold $1,000)
\ Interest at (Jentral Trust Co., New York.
474,000 June 1, 1947
5g.J.-D.
Gen. M. $750,000, gold.
1897
Open accounts
ALBANY,
trolley road.
Operates 6 lines through principal business streets to Troy, Oohoes, Watervllet and Rensselaer.
Has no competition. The Watervllet Turnpike & RR. is leased for 999
years at la of 1 per cent on $240,000 stock and 6 per cent Interest on
bonds; owns 16 miles. The Cohoes City Ry., which see (stock, $50,-
Organization— Chartered
ALEXANDRIA, VA.
IN 1830 WAS 13,659
1870 WAS 13.570.
POPULATION 1890 WAS 14,339;
IN
\VASHINaTON ALEXANDRIA & MT. VERoverhead
NON RY.— UndergroundDate, Washington;
Outstand'g. Maturity.
Stock
&
Bonds-
outside.
trolley in
interest.
Stock, $1,000,000 (par $.50)
(D
700.000
1895 5 g. F.-A.
Ist mort., $750,000, gold..
Trustee, Real Estate Trust of Phila., pays interest.
Aug.
1,
192»
:
:
STREET RAILWAYS
8
Road.— Operates from Washington, D. C,
(13ifl St.
&
Pennsylvania
Ave.) to Mt. Vernon. 17 miles; extensions to Arlington Cemetery and
Rosslyn, Va., etc., 8 miles; total track (Jan., 1899), 25 miles; T rails.
Officers.— President and General Manager, Griffith E. Abbott,
Secretary, Frank K. Hippie; Treasurer, J. K. Swartz. Office, Alexandria. Va., and Washington D.
V. 61, p. 474.
C—
ALLENTOV/N, PA.
TION—A
Alton was opened Ju'y, 1899.
Earnings— About 60 p'r cent of earnings of the Alton Ra'lway &
Illuminating Co. cnme from the railway and 40 per cent from the light
and power plant. For the year ending Sept. 30, 1898, the railway
and light and power earnings were, gross, $77,587; net, after payment
of taxes, $32,658; interest, $15,050; balance, surplus for year, $17,608.
V. 66, p, 61 5; V. 68, p. 1 178; V. 69, p. 282, 332.
Population 1890 was 25,228; in 1880 was 18,063;
AND IN 1870 WAS 13,884.
ALLENTOWN
&
Road— The Alton Railway
Illuminating Co. owned 9 miles of
single track equipped with overhead trolley, and serving Alton. Upper
Alton and North Alton. Oars— 10 electric-motor cars and 5 trail
cars. In Nov., 189>i. extension to Fast Alton, 5 miles, proposed, and
in July, 1899, work in irogress. A new line between Alton and Upper
& LEHIOH VALLEY TRAC- —
trolley road.
Organization— Chartered May 31, 1893. Owns and operates 45
miles of electric road in the Lehigh Valley In Lehigh and Northampton counties, connecting the city of Allentown with the boroughs of
Bethlehem, South Bethlehem, Fountain Hill, West Bethlehem, the
Catasauquas and Copley, and the towns of Whitehall, Selgfrieds,
Northampton, Aineyville and suburban Allentown. The combined
population of towns and villages served by the system In 1890 was
77,315; in 1880 was 51,074. " Franchise runs for 999 years and gives
exclusive rights to operate street railways in all said towns, boroughs
and city;" company also owns 9 miles private right of way connecting
eertain of the above-mentioned towns. The control in the property is
held thiough ownership of the entire capital stock of the companies
below, which have been absorbed, their entire capital stock (except
five shares of each to qualify directors, and a portion of the Electric L^
P. stock not owned) having been placed in trust for the benefit of
security holders. Their corporate existence, however, is preserved for
legal reasons, valuable rights being conferred by some of their old
•barters, including the right of eminent domain.
Stocks Owned—The capital stocks of the following companies are
all owned, except a portion of the Electric L. & P. stock, viz.:
CAJPITAL STOCKS OWNED.
Lehigh Valley Trac'n Co. $75,000 Bethlehem <& South BethAllentown & Bethlehem
lehem Street Ry. Co... $200,000
Rapid Transit Co
1,000,000 Catasauqua & Northern
50,000
Allentown Passenger Ry.
Street Ry. Co
150,000
Co
200,000 Allentown Elec. L. & P.
Bethlehem & Allentown
Rittersville Hotel Co. &
Street Ry Co
Park
100,000
100,000
The outstanding securities on the property are as foUows
Maturity.
Date.
interest. Outstand'g.
Stock
Bonds—
Stock, $4,000,000, par $100
$4,000,000
- S
Allentown & Leh. Valley J 1893 5g.
750.000 Sept. 1, 1913
Traction, Ist M., gold.o* ( Int. at N. Y. Security & Tr., N. Y., trustee.
July 1, 1911
6g.J-J
fl891
(?)
Allenfn & Beth. Rap. Tr.
Subject to call at 110 on July 1, 1896. Int.
Ist M. $500,0C0,gold.c'l payable at Old Colony Trust Co. (Boston)
A
.
.
&
M
.
,
I,
trustee.
J
See text. Jan.
^aKco^coJoW^895
Guaranty Trust Co.. N. Y., trustee.
1, 1925
000 OOO^goTi: .^- S
Unfunded debt June 30, 1898 (see below)
$804,171
Interest on All. & Beth. R. T. is payable at Old Col. Tr.. Boston, trustee.
.Bonrfs— The consolidated mortgage of 1895 for $2,000,000 was authorized Jan. 17, 1895. The mortgage covers the entire system. 01
5g. J -
f?r $2
ALTOONA. PA.
Population 1890 was 30,337; in 1880 was 19,710;
AND in 1870 WAS 10,610.
ALTOONA & LOGAN VALLEY ELECTRIC
RAILWAY-A trolley road.
Organization— Incorporated Dec. 12, 1892, and April 17, 1893, acquired by purchase $170,000 of the capital stock of the City Passenger
Ry.Co.; also owns 18'7 miles constructed under its own charter. Road
opened June 15, 1893. Controls Lakemont Park Co., stock $65,000.
&
Stock
Bonds— Miles. Date, interest. Oiitsta'g. Last Div., etc.
Stock, $500,000, $50
$380,350
48(i,000
July 1, 1923
1st M. $500,000 gold) 161^ 1893
5 g. J-J
$500 and $1,000. c. ] Sink. fd. 1 p. c. yearly bds. subj'ct to call at 105.
Int. at Cassatt & Co., Phila., and 1st Nat. Bk., Altoona
;
Other bonds In 1898
Bills payable June 30,»,1898, $34,057.
City Passenger Ry.—
Stock, par$50
Ist mortg'e $50,000,
r.
$1 ,000
;
OENEKAL BALANCE SHEET JUNE
30, 1898.
Assets.
been redeemed.
Dividends— In 1896 paid 2^ per cent; In 1896-97 paid 21-2 p. c.
Road—In 1899 was operating 26-2 miles of track (of which T^a
miles owned by City Passenger Ry.) connecting Altoona, BeUwood and
HolUdaysburg.
Annual Report.— For years ending June 30, on 19 miles owned
1897-8.
Cash on hand
.
AMHERST, MASS.
m
1880 was 4,293;
Population in 1890 was 4,512;
AND IN 1870 WAS 4,035.
AMHERST & SUNDERLAND STREET RY.OrgANIZATION.— Chartered in 1896 and purposes to build about
8 miles of single track from Amherst, Mass. Road in Amherst (about
4'5 miles) opened in July, 1897, and during the year ending Sept. 30,
1898, carried 211,585 passengers. Stock subscribed for, $22,000.
First mortgage bonds for $21,500 Issued Feb. 1, 1898, and used as
collateral for bills payable. Gross earnings from operation for year
ending Sept. 30, 1898, $10,601; deficit from operation, $1,749. President, W. D. Cowls; Clerk, Chas H.Edwards; Supt. and Gen. Man., L.
N. Wheelock.
$4,000,000
1,183,000
804,171
Purchase account
203,178
Accounts payable, etc.
85,021
Prollt and loss
107,247
Total
Total
$6,382,618
$6,382,618
L. Johnson, 71 Broadway, New York.
Sec. and Treas., A. F. Walter, Allentown, Pa.— V. 65, p. 1218
V. 68^
^
p. 976.
ALTON,
in
AMSTERDAM,
;
ILL.
1890 was 10,294; in 1880 was 8,975;
AND in 1870 WAS 8,665.
ALTON RAILWAY, GAS & ELECTRIC
LIGHT-
OrQANIZATION—This company was organized in 1899 to operate
street railways in Madison and St. Clair counties (111.) and to fumisli
gas and electricity for heat, light and power. On Aug. 7, 1899, company was consolidated with the Alton Railway & Illuminating Co
See V. 68, p. 1178 and V. 69, p. 282. Also bought from the bondholders of the old Alton Gas & Electric Light Co., sold at foreclosure July
1899, the property of that gas concern.
Date, interest. Outstanding.
Maturity.
Bonds—
Stock
$500,000
Stock, par $100
1899-'04-'09
5 M-S
25,000
Alton Improv. Asso. )
1st M., cur
S Interest at Alton Savings Bank.
A-0
225,000
Oct. 1, 1915
Alton Ry. & lU. 1st M., ) 1895 5 g.
$250,000, g., $1,000. c* S Interest at Manhattan Trust, New York.
N. Y.
Population 1890 was 17,336; in 1880 was 9,466;
AND IN 1870 was 5.426.
AMSTERDAM STREET
4,704
Officers— President, Albert
&
1896-7.
Liabilities.
real estate
2,500,000
Electric Light Co
38,802
Accts. rec. and supplies.
19,455
Disc'nt & suspense acc't
98,073
1,
1897-8.
1896-7.
Gross earnings .$79,338 $83,051 Taxes, etc
$4,741 $2,866
Sinking fund
Net earnings
5,000
5,000
^oio^i
SS411
*"'i"^
cJS,4ii
Dividend reo'd..
Dividend...
9,509
J
Interest paid
25,275
25,000 Bal. for year... sur.5,089 df. 3,964
The City Passenger Ry. for year ending June 30, 1898, had, gross
$63,909; net, $18,109; surplus over charges, $5,080.
Officers— President, John Lloyd; Secretary and Treas., C. A. Bucb,
Road and equipment... $1,765, 124 Capital stock
Stocks other companies 1,956,497 Funded debt
A. & B R. T. leases and
Loans
Population
(!)
)
—
debt.
—
See text.
7»« 1892
5 J- J
Jan. 15, 1912
50,000
s Interest by Treasurer, Altoona.
Capital stock of Passenger Railway is $200,000, of which on June 30,
1896, $174,550 was owned by Altoona & Logan Valley Electric Ry.
Bonds Sink. fd. on Altoona <S: Logan Valley Electric Ry. Co. 1st M. 58
commenced July 1, 1894; not less 1 p. o. par value of outstanding
bonds must be appropriated out of net earnings to retire bonds at or
below 105 and accrued Interest. To Jan. 1, 1896, $10,000 of bonds had
the $2,000,000 authorized, $1,300,000 are held in trust to retire at
maturity $1,250,000 prior bonds, of which $500,000 were subject to
call July 1, 1896. The balance when sold will extinguish the floating
The A. & B. Rapid Transit second mortgage for $200,000, securing
debt of $200,000 in dispute, has been declared valid (V. 65, p. 1218),
and A. & L. V. In January, 1898, was ordered to pay the mortgage and
Interest, $246,200; trustee. Old Colony Trust, Boston.
Road in July, 1898, owned and operated 29 mUes of road (43
mUes of track) In the Lehigh Valley; gauge, 4 ft. 8^2 in.; 60 and 70
lb. T and girder rails
70 motor cars. In March, 1898, it was reported
that extension was contemplated from Coplay to Egypt, 4 miles.
Annual Report.— For year ending June 30, 1898, gross, $227,669;
net, $107,784; interest, taxes, etc., $92,609; balance overcharges for
year, $15,175. In 1896-7, gross, $214,845; net, $98,830.
(1)
RR.-A
trolley road.
Organization- Chartered Feb. 5, 1873.
Date, interest.
Stock & Bonds—
Outsta7id'g. Maturity.
$250,000
Stock $250,000 ($100)
159,000 Oct. 1, 1920
. icoAo nnr. cniri
,
„* < 1898 4-5g.A-0
..c
lstmort.,.$200,000,gold.
^ g^^^^ ^^.^^^ ^^^ ^_ ^; trustee.
3.416
Bills payable (June 30, 1899)
11,500
do
Loans payable
Bonds.— In Oct., 1898, the mortgage debt was re-arranged, the old
6s being retired and new mortgage bonds being issued in their stead.
Of the new 1st mortgage bonds $50,000 are 5s and $109,000 4s, the
latter to receive 3*3 per cent additional interest, if earned, to equalize
the sacrifice of 1 pel fent on the interest rate. For back interest
from October, 1893, $20,000 Ist income and $30,000 2d income 5s,
due 1920, interest J. & J., were given. No back Interest on Incomes
paid to July, 1899.
.
Road-- Owns 4-7 miles of track. Rails 48 lbs.
Gross, $26,898;
Latest Earninqs-6 mos., 1898 9
)
Dec. 1 to
May
31.
5
1897-8
.
...Gross,
24,779
;
net,
net,
$6,884
5,023
Earnings— For year ending November 30, 1898,
gross, $53,905; net,
In 1896-97, gross, $49,264; net, $11,048. In 1895-96, gross,
$14,043.
$49,021; net, $10,166.
Officers— President, John
S.
Wise; Secretary and Treasurer, R. Q.
Day; Manager and Purchasing Agent, E. F. Seixas.
St.,
N. Y. City.
1
Office.
20 Broad
STREET RAILWAYS.
ANDERSON,
IND.
Population in 1899 (local estimate) was.25,000;
1890 WAS 10,741; IN 1880 WAS 4,126
AND IN 1870 WAS 3,126.
in
RAILANDERSON ELECTRIC STREET
224.
'WA.Y. - See Union Traction Co. below.— V.
UNION TRACTION
67, p.
OF INDIANA.-A
CO.
trolley road.
Organization.— Tbe Union Traction Company of Anderson was
chartered Sept. 3, 1897, and commenced operations Jan. 1, 1898. In
July, 1898, it absorbed Anderson Elec. Street Railway and in Jan.i
1899, the Elwood Electric Street Railway, and in June, 1899, purchased for $500,000 cash the Marion City Railway, the $400,000 mortgage of the latter being assumed. In June, 1899, was oonsolidatod
with the Muncie Anderson & Indianapolis Street Railway [organized
to own the franchises in Muncie and build a line from Muncie to
Indianapolis] under the title of the Uuion Traction Co. of IndianaV. 69, p. 82. The purpose is to combine the electric lines of the Indiana gas belt. The Citizens' Street Railway of Muncie, Ind., has also
been absorbed.
Stock
&
Bonds—
common
Date,
Anderson
Outst'd'g
interest.
Stock, ^,000,000,
Maturity.
(i)
Elec. 8r. 1st M., g.
1892
)
c
($1,000 each) assumed
"""''' ^®* mortg.,
Int. at
s
6g.
J- J $150,000 July
Farm.
L.
&
1,'12
Coast Electric Ry., which, since June, 1897, has operated cars over it
under 999 years' lease, rental being interest on bi.uds and 6 iier cent
on stock.- V. 60, p. 616. Owns 214 miles of track. Stock, $100,000;
par, $100; dividends, J-J, first dividend, being payable Jan. 1, 1899.
Bonds are 20-y>-ar $50,000 gold coupon 5s, dated March 1, 1898, interest, M-S, being guaranteed and payable at Monmouth Trust Co.,
Asbury Park, trustee. Bonds are subject to call at 105 at any time.
Officers— President, G. B. M. Harvey; Secretary and Treasurer, A.
C. Twining, 32 Nassau Street, New York.
06, p. 616.
INDEX-V.
SEASHORE ELECTRIC
Branch.
&
Stock
Bonds—
M
'
'
Atlantic Coast Electric
to retire the
Marion CUy
goitt (!t.i,you)
Kew
*^^
mortgage, $5,000,000,
>
.J^^f^,
bJ^^Z'^X'^^'
Mortgage trustee, Francis A. Palmer.
1899 5 g. J&J 3,440,000 July, 1919
City Trust Co., N.Y., trustee.
Road— At present embraces about 100 miles. Besides the city lines
in Marion, Anderson, Muncie and Elwood, operates an interurban
road from Anderson (via Linwood, Alexandria, Summitville, Pairmount, Joncsboro, Gas City and Soldiers' Home) to Marion, with a
branch from Alexandria (via Orestes and Dundee) to Elwood. The
interurban lines aggregate about 44 miles out of the 100 miles operated
Also has franchises and right of way from Anderson to Muncie, 18
miles (via Chesterfield, Dalcville and Yorktown) in the one direction
and from Anderson to Indianapolis, 38 miles (via Pendleton, Ingalls,
Forlville, McCordsville, Oaklandon, Lawrence and the State Fair
Grounds) in the other. Cjnstructiou under way on these lines and to
be completed as soon as a large central power station, to be operated
on the three-phase system with necessary storage batteries, can be
erected at Anderson. The new station will replace the stations in the
various cities and towns. Through the sale of its securities the company has the money on hand to build these extensions and also the
gold
S
new power station.
Bonds—The Union
ANN ARBOR,
PoPCLATiON 1890 WAS 11,071;
AND IN 1870 WAS
above Os.- V. 63,
IN
AND
IN 1870
WAS
N. C.
in
1880 was 2,616;
1,400.
ASHE VILLESTREETRAIL'W A Y-A trolley road.
Organization— On April
7,
1899, property
was
still
hands of J.
in
E. Raukin, Receiver.
&
Stock
Bonds—
stock, common
Pret. stock, 6 p.
c.
cum...
Date.
Outstanding.
Interest.
$100,000
200,000
26,500
,
6 J-
1888
IstM., $50,000 ($500)....
Maturity.
July
1,
1918
Interest at Atlantic Trust, New York City.
0* 1893
Mortgage
6 J73,500 July 1, 1903
Road— Operates between 6 and 7 miles of track.
Earnings-- In year 1898 gross earnings from passengers were
Including other income, $3,158, total net was $7,663.
$38,451.
ASHLAND,
V/IS.
Population 1890 was 9,956, and in 1880 was 951.
ASHLAND LIGHT, POW^ER AND STREET
RAIL^WAY—A trolley road.
Organization- Chartered in February, 1896, as successor to Ashland
& Street Ry. Owns exclusive electric light and gas rights In
Lighting
city,
and bonds cover lighting plant.
Population in 1895 said to be
Stock
1880 was
&
>!i.061;
Arbor.
&
Bonds—
Stock, $300,000 ($100)
1st M., $150,000, gold \
($1,000), 8.f.,red.l04.c S
See Detroit.
ANNISTON, ALA.
in 1880 was 942.
ANNISTON ELECTRIC CCthe property
Succeeded
to
of the old Annlston City
Orqanization—
Ry. In May, 1896, by purchase from Howard W. Sexton, trustee.
In 1898 It was enlarging and improving the plant.
Officers.— President, Treasurer and General Manager, H. W.
Sexton.
OXFORD LAKE LINE1884.
In
Mav, 1899, bill to foreclose
and property advertised for
the Ist mortgage for $175,000 was filed
Bale Aug. 11, 1899. It is said no Interest has ever been paid on the
bonds. Howard W. Sexton, the President, is receiver.
Oa<e. interest. Outstand'g.
BondsMaturity.
Stock
Stock, common (.$50 par)
$125,000
fO,000
Preferred (i>50 par)
Istmortgage, gold, ($1,000) > 1892 6 ^. P-A
175,000
1912
sinking fund
c* S Trustee, So. Bank'g & Tr., Atlanta, Ga.
Interest payable at Boston or Atlanta.
Road Oxford Lake to West Annlston, 67, o miles; side track, 8,q
&
—
miles; total track, 7^ miles.
Officers— President, Gen.
Eight motor cars and 2 trailers.
Pur. Agent, H. W. Sexton.
Manager and
POF'CLATION OF TOWNSHIP 1890 WAS 8,333;
Outstand'g.
Maturity.
5g. J.-J.
ASHTABULA, OHIO.
ASHTABULA RAPID TRANSITOct. 7, 1890. According to company's
statement, population of city in 1895 was 12,240.
Miles. Date,
interest. Outstanding. Maturity.
Bonds
Stock
Stock
$150,000
1891 6g. J-J
IstM., $75,000, gold, J...
75,000 July 1, 1911
c*<fernnt. at Central Trust Co., Trustee, N. Y. City.
1,000
Road— Operates 5 miles of track on 5 miles of street.
Officers— President, F. B. Wagner; Vice-Pres., F. J. Wettach; Treas.,
E. W. Savage.
Organization— Chartered
official
—
_
ASTORIA, OREGON.
Population 1890 was 6,184; in 1880 was 2,803;
AND IN 1870 was 639.
ASTORIA STREET RAILWAY-A trolley road.
Organization— Chartered Nov. 12, 1887.
Stock & Bonds— Miles. Date. Interest. Outstand'g.
Maturity.
Stock, $200,000
$55,000
3
1892 6 g. M-N
Ist M., $25,000, gold.
25,000 May 2, 1912
Interest Is payable at the office of the Security Savings & Trust Co.
(trustee), Portland Ore. From 1899 to 1906 one bond must be called
yearly at par; from 1907 to 1909 three bonds yearly, and in 1910
and 1911 four bonds yearly.
Road— Operates 3 miles of track.
Officers— President, J. W. Conn; Vice-President, W. A. Sherman;
Secretary and Superintendent, P. W. Newell Treasurer, F. R. Stokes.
;
68, p. 928; V. 69, p. 283.
ASBURY PARK,
1896
.
Population 1890 was 9,998;
in
interest.
$150,000
110,000
Jan. 2, 1916
Interest at Old Colony Tr., Boston, trustee.
Earnings-Year ending Oct. 1, 1898, gross, $39,638. The gross
earnings of the old company for the year ending Sept. 1, 1894, were
$64,446. Road— Operates 6 miles of trolley track.
Officers— Pres., G. W. Harrison; Sec. and Treas., G. F. Merrill.
&
ORQANIZATION— Organized
Date.
Population 1890 was 8,333; in 1880 was 4,445;
and in 1870 WAS 1.999.
7,363.
Ypsl.
in
ATCHISON, KANSAS.
N.
IN
ATLANTIC COAST ELECTRIC
N. J.
1917
p. 152.
ASHEVILLE,
MICH.
ANN ARBOR
& YPSILANTI ELECTRIC RY.
May, 1898, by Detroit
—Absorbed
Ann
Long Branch,
(1892 6 g J-
12.690.
Traction of Anderson mortgage for $600,000,
issued in 1898, was canceled.
Of the $5,000,000 new mortgage,
$300,000 are reserved fer underlying bonds, $3,440,000 have been
issued to acquire properties and for improvements, and $760,000 are
held for future needs.
Officers— President, Philip Matter, Marion, Ind.; Secretary and
General Manager, Charles L. Henry, Anderson, Ind.; Treasurer, George
F. McColloch, Muncie, Ind. General offices, Anderson.- V. 67, p. 224,
372; V. 69, p. 1227; V, t9, p. 82, 334.
—V.
$200,000
200,000
Subject to call at 105 in 1897
<
^ jjjj. jg payable at First Nat. Bk., Asbury Park
first mortgage 58 for $200,000 are reserved
Population 1890 was 10,235;
US
S
Maturity
Outstanding.
interest.
T. Co., Trus.,N.Y.C.
CO.. Philadelphia, trustee.
1st M.. $400,000
in 1888,
Date,
Stock issued aud paid in
Ist
$200 000 anth
„«i^"^o^
goia,
guai
1
I
RY.-A trolley road.
and has franchise to operate a
double-track street railway in borough of Asbury Park for 50 years,
with provisions for renewal at end of that time. Leased in 1896 for
50 years to Atlantic Coast Electric Railway— which owns $150,000 of
the stock and operates this road as part of its system— see under Long
Organization- Chartered
^gg^ gg. J-D
250,000 Dec. 1, '27
^'io-®«nAn
o ? o!,V.V^'^V;V;ViV;;"iVn^ ^interest at Guar. Trust & Safe Deposit
deLm!?50VLT$?!olo*?':
9
J.
1880 WAS 1,640.
RY.-See
under
Controls tne Seasboie Eicc.ric Ry.
ASBURYPARK&SEAGIRTELECTRIC RR.
ORQANIZATION-Successor of the Asbury Park k Belmar Street Ry.,
purchased at foreclosure sale in March, 1898, in interest of Atlantic
in 1880 was 15,105;
1870 was 7,054.
Population 1890 was 13,963;
IN
ATCHISON RAILWAY, LIGHT & POWEReU'ctrIc railway, lighting and gas properSuccessor in 1895 to the Atchlsou Railway, Electric
Light & Power Co. In 1897 reported to have purchased Forest Park
and other property for $125,000. Population, local census of 1895
ORGANIZATION— Controls
ties of Acliison
was 15,790.
;
;
STREET RAILWAYS.
10
Stock
;
& Bonds—
M»ie«.
Date.
Interest.
Ontstand'g.
Maturity.
—
8.
31, 1898, the balance sheet showed:
Assets.
,
, ,„,^
150,000 July 1,1915
1895 6g..J&J
Bank, Atchison
(t)
1897
ConBol. mortgage
Trustee of let mortgage. Mercantile Trust Co., N. Y.
Road— Operates 8 >a miles of track on 8 miles of road.
Officers— President, J. P. Pomeroy; Vice-President, W. P. Wag-
gener; Treasurer, C.
Balance Sheet— On Deo.
$300,000
8tit.$300,000.pr.$100
let M., gold, $1,000.
Int. at Exch. Nat.
Liabilities.
Materials on hand
Cash items
Miscellaneous
Plant
$15,066
232,623
1,473
4,446,380
Total
Capital stock
$2,000,000
2,250,000
33,074
412,468
Bond account
Miscellaneous items
Profit and loss, sur
Total
$4,695,542
$4,695,542
Officers— President, Ernest Woodruff; Sec. and Asst. Treas., T. K.
Glenn; Treas., R. J. Lowry Purch. Agent, W. II. Glenn.— V. 63, p. 87,
;
Hetherington.
V. 67, p. 72, 1355; V. 68, p. 84, 770. 1179; V. 69, p. 77.
ATLANTA ELECTRIC
ATHENS, GA.
Population 1890 was 8,639; in 1880 was
and in 1870 was 4,251.
6,099;
RAILAVAY-A. trolley road.
ATHENS ELECTRIC
in June, 1894.
road at foreclosure
sale
Organization- Purchased
New charter granted June, 1895. Has contract to furnish arc lights
to city; also incandescent lamps to private parties. Uses water power
for generating electricity.
&
Bonds, first
BONDS-Capital
Stock
mortgage, gold, $100,000; denomination $500, 6 per cent coupon,
J. & J.; dated July 1, 1896, due July 1, 1916. Columbus Savings Bank
of Columbus, Ga., trustee. Interest payable in Columbus or Athens.
Plant— Owns 6 miles of track; 40-lb. and 70-lb.T rails and 70-lb.
girder; 10 motor cars; lighting and power plant, 700 horse power; 55
miles copper wire on 15 miles of poles.
Earnings- Fiscal year changed to Dec. 31. Gross, 6 mos. ending
Dec. 31, 1898, $16,321; net, $10,779; Interest and taxes, $4,213
surplus, $6,566. Earnings under water power for year 1897-8 were
$27,045 (being 49% from railway and 51% from lighting and power);
net, $15,708. In 1896-97, partly water, partly steam, net, $8,376;
stock. $50,000. fully paid.
Water power now
net, in 1995-96, $4,165; in 1894-95, net, $3,079.
use 18 expected to largely increase net earnings.
in
Officers— President, W. S. Holman; Vice-President, J. Y. Carithers;
Secretary and Treasurer, W. T. Brvan; Gen. Manager and Purchasinjt
Agent, C. D. Flanigan. Supt, H. M. Hughes.
ATHOL, MASS.
POPULATION 1890 WAS 6,319
AND IN 1870 WAS
;
in 1880
3.517.
was
4,307
ATHOL & ORANOE STREET RAILWAY-
A trolley road.
Organization—This company May l, 1899, owned 7 miles of electric
railway, extending from town of Athol to centre of Orange, Mass.
Completed Oct. 1, 1894. Its securities, etc., are shown below.
Earnings years end. Oct. 1:
$60,000 f p.
Stock (par $100)
1898.
1897.
IstM. ($1,000), gold, '94.. $60,000
$29,339 $32,550
5g.. J&J, (no option) Jan. 1, 1915 Gross
10,853
8,980
Cur. liabilities Sep. 30,'98. $6,000 Net
" assets Sept. 30, '98...
6.595 Int., taxes, etc..
5,003
3,271
Dividends
4,800
4,800
Dividends— In 1895, 5 p. c; in 1896, in 1897 and in 1898, 8 p. o.
Officers— George D. Bates, President, Athol, Mass., Wm. D. Luey.
Treasurer and Corporation Clerk, Athol, Mass.
.
ATLANTA, GA.
Population 1890 was 65,533; in 1880 was 37,409;
AND in 1870 WAS 21.789.
RAILWAY & POWER-A troUeyroad.
ATLANTAThis
the old Atlanta Consolidated
Street Railway, incorporated in 1891 and name changed as above July 1, 1899.
A consolidation with the Atlanta Street Railway and the other street
oar lines in Atlanta had been arranged under the new name; but July
6 a restraining order was issued by one of the Georgia judges temporarily preventing further steps in the consolidation. It is reported
that the new company will have $2,000,000 stock and $5,000,000 5
per cent gold bonds; of these latter $2,250,000 are to be reserved
against outstanding issues, and $2,000,000 to be sold, while $750,000
were to be used only to build an electric-lighting plant and for extensions and improvements. Possibly the Georgia Electric Light Company may be acquired instead of building a new lighting plant.
The Trust Company of Georgia (Joel Hurt, Prest.) owns both the
Organization—
is
Atlanta Railway & Power and the Atlanta Railway.
A sharp contest is at present (Aug., '99) going on between the Atlanta Railway & Power Co., representing the consolidated lines of Atlanta, and the Collins Park & Belt RR., which has filed applications
for franchises covering the principal streets of Atlanta.
Date.
interest.
Outstanding.
Bonds—
Maturity.
Stock
Stock (par $100)
$2,000,000 paid In
6g. J.-J.
Atlanta St. RR. firsts 1890
225,000 July 1, 1920
\ /HteresHs payable in New York at 4th Nat. Bk.
gold $1,000
^
^^^^
2,025.000 July 1. 1939.
5 g. J.-J.
OOo'^^Wo^S) ( interest
in N. Y. at N. Y. Sec. & Tr. Co.;
Rnbf to call after 5 { ^'^^ payable
'^*^ ^^^"^^
^ ^®P- ^<'- °^ ^^^*-' trustee;
c, I
J ears at 1074
8g
$106,000 > Optional but
Income bonds, gold") ( 1894
< in<. if earned payable at Atlanta. {
*-l, 000 each
due 1924.
JncoTnes.— Issue was $212,000, but $106,000 have been paid.
New refunding mortgage.— Ot the 5s of 1899, $2,025,000 were used
to retire an equal amount of 6s issued in 1891, $225,000 are reserved
to retire the 6s maturing July 1, 1920, and $250,000 for improvements
and new equipment.—V. 67, p. 1355; V. 68, p. 84.
Road— Operates 52 miles of main track and 13 miles of sidings and
second track. In 1899 important extensions are contemplated.
Latest Earnings-7 mos. \ 1899, gross, $259,125; net, $125,985;
fixed charges, $73,974;;surplus,$52,011.
Jan. 1 to July 31.
3
Annual Report— Fiscal year ends Dec. 31, changed in 1897 from
April 30. For year ending Dec. 31, 1898, gross receipts were $408.397; net, $185,956; interest and taxes, $119,115; balance, surplus,
$66,841.
&
RY.-A trolley road.
Organization- Operated by Atlanta Consolidated for a division of
receipts. Stock was $100,000 and first mortgage gold coupon bonds
$30,000, due in 1906; ml\es of track, 3, and leases Lake wood Park. Sold
at foreclosure in 1898, but in July, 1899, motion for re-sale pending;
motion opposed by the Consolidated on the plea that it held an option
to purchase property.
ATLANTA RAILM^AY.-A trolley road.
Organization-This company was a reorganization July 1. 1895, of
Atlanta City St. Ry. and the Atlanta Traction Co., foreclosed in 1895.
In Nov., 1898, a Baltimore syndicate, headed by Mlddendorf, Oliver
& Co., purchased entire stock and bonds; subsequently this syndicate sold their interest to parties identified with the Atlanta Consolidated Street Railway, and a general consolidation of the street car
lines of Atlanta has been arranged, as noted above, under the name
of the Atlanta Railway & Power.
Date,
interest. Outstanding.
Maturity.
Bonds—
Stock
Stock, $300,000, par $100
$300,000
1st mortgage, $350,000, ) 1895 5 g. M-S
300,000
Sept. 1, 1925
gold, $500
5 rritsiee, Baltimore Tr..&Gu. Co., Bait., Md..
Bon DS $50,000 held by Trustee in escrow for future improvements.
Road— Owned about 19 miles of track on 18 miles of street in city of
Atlanta, Ga., and environs. Also owned 23 acres of unimproved real
estate. 23 motor cars and 10 trailers.
Power is supplied by the
Georgia Electric Light Co. In January, 1899, extensions of 11 miles
were proposed.
Earnings—For years ending June 30 have been:
Expenses.
Net.
Years.
Gross.
Charges.
Surplue.
1898-9
$64,976
$30,490
$15,000
$95,466
$15,490
1897-8
93,204
73,918
19.286
4,286
15,000
V. 60, p. 927. 1143; V. 67, p. 1054; V. 68, p. 770,821, 1179.
&
—
—
COLLINS PARK & BELT.- An electric road.
Organization— Owns lO
to 15 mUes of track in the vicinity of Atnot included in the consolidation of the other Atlanta roads,
and has asked for franchises covering most of the streets of Atlanta.
Contest in progress with Atlanta Railway & Power Co. H. M. Atkinson is Secretary and Treasurer.
lanta.
Is
AUBURN,
N. Y.
Population 1890 was 25,858; in 1880 was 21,924;
and in 1870 was 17.225.
RAILWAY-A
AUBURN CITY
Chartered
1886. In 1895
trolley road.
Oct. l,
the old lires were
Organization—
re-built and extensions made. The company owns Lake Sid e Park,
about 33 acres on Lake Owasco. Population of Auburn in 1895 was
said to be about 30,000.
Stock
&
Bonds—
Date,
Stock (par $100) $300,000
IstM., $300,000 ($1,000). c*
red. Aug. 1, 1905. at 105..
Bills payable June 30, 1899
>
5
Outstand'g. Maturity,
$300,000
1895 6g. F-A
300,000 Aug. 1, 1925
Int. at W. End Tr. & 8. D. Co., Phlla., tr.
52,855
interest.
June 30, 1899, $23,265.
miles of track extending along Seward Avenue,
North Street, etc. and from Genesee Street to foot of Lake Owasco.
Earnings- For years ending June 30:
Net.
Cross.
Taxes.
Interest,
Balance.
Profit
and loss
Road— Owns
deficit
13-4-
$70,481 $31,400 $3,419
$18,000
sur. $9,981
62,';72
26,977
2,364
20,805
sur. 3,808
Officers— President, C. D. Beebe; Secretary and Acting Treasurer,
1898-9
1897-8
A. M. Michael.
Index— V.
61, p. 749.
AUGUSTA
Population
in
GA.
1890 was 33,300; in 1880 was 21,891
and in 1870 was 15.389.
AUOUSTA RAILVv^AY & ELECTRIC CO—A
trolley road.
Organization— A reorganization in 1896 of the Augusta Railway,
the Augusta Light Co. and the Thomson-Houston Co. Some of the
bonds are held in London, and coupons on these are paid by the North
American Trust Company at
Stock
&
Bonds—
Stock...
1st mort., $500,000, gold,
its
London
office,
95 Gresham
Date, interest. Outstanding.
1896
5 g J-J
St.,
E. C.
Maturity.
$600,000
448,000
1916
No. Amer. Trust Co., N. Y. Bonds subject to call at 105.
Annual Report—For years ending Dec. 31 earnings were:
1898.
1897.
1898.
1897.
Gross earning8.$174,178 $164,887 Balance for divs. $53,950 $45,170
67,195 Dividends (39t)... 18,000
Net earnings... 76,350
22,400
22,025 Balance, surplus.. 35,950
Int. on bonds..
Road— Operates 26^ miles of track 15 miles of street.
Officers— Pres., D. B. Dyer; Secy., C. O. Simpson; Supt., W. E.
Trustee
is
I
|
1
|
;
Moore.
Index— V.
60, p. 391^ V.6I, p. 793; V. 62. 820, 907; V. 63, p. 115.
AUGUSTA, ME.
Population 1890 was 10,527;
and in 1870 was
in 1880
7,808.
was
8,665;
AUGUSTA HALLOWELL & GARDINER
RAILROAI>— -^ electric road.
STREET RAILWAYS.
LINES OF THE
BALTIMORE CONSOLIDATED
RAILWAY COMPANY.
POPULATION OF BALTIMORE, 556,717.
-•Total Mileage of the Baltimore Consolidated Railway,
191 miles,
y
11
)
;'
;;
:
STREET RAILWAYS.
12
Organization— Organized March 18, 1889, under laws of Maine.
Date, interest. Oiitstand'g. MaluHly.
Stock & BondsText.
$120,000
Stock ^150,000-^100
100,000 July 1, 1910
Istmortgasefor $100.000.... 1S90 6 J-J
Interest payable in Boston; International Trust Co., Trustee.
(1891 41a J-J $50,000 July,l9H
{Interest is payable at Maine Tiust &
Ctonsol. mortgage
Banking Company, Gardiner, Me.
(
originally 6 per cents, subject to
were
consol.
bonds
The
Bonds—
call after 1896, but on Jan. 1, 1899, they were called in and re-issued
4:13 per cents.
Dividends, 1894-95, 2 p. c; In 1895-96, 3^3; in 1896-97,4; in 1897-8,
4; in 1898-9, 4 p. c.
Road— Operates from Augusta to Gardiner, 7 miles.
Annual Report— For years ending June 30th earnings were:
1899.
1898.
1898.
1899.
$388
$393
Gross earnings.. !)^39,770 $40,620 Taxes, etc
9,160
8,232
18,548 Hal. for divs
Net earnings'..... 16,524
4,800
4,800
9,000 Dividends
Intereston bonds 8,625
Officers— Prest., J. Manchester Haynes, Augusta, Me.; Sec, H. (4
Staples; Treas. and Pur. Agent. G. E. Macomber; Bookkeeper, E. H.
Road— I213 miles; 2^2 miles additional are projected, to provide
for which $50,000 1st 58 have been reserved.
Connects, by standard
gauge railroad, the many manufacturing establishments of BaUston
Spa and vicinity with the Delaware & Hudson RR., thus affording
transportation of fi-eight to all parts of the country without breaking
bulk. Traffic, about 600 tons a day, heretofore carried by teams.
Officers— President, F. H. Beach Secretary and Treasurer, Geo.
A. McOmber, Ballston Spa, N. Y. - V. 67, p. 369.
;
BALTIMORE, MD.
at
I
|
i
Population in 1897 by local estimate was 500,723. By
U. S. Census in 1890 was 434,439 in 1880 was
332,313; and in 1870 was 267.954.
Street Railways of Baltimore pay a Park Tax of 9 per cent of gross
tamings within old Oity Limits, and are required to pave beliceen
tracks and two feel on each side.
;
'
MorriU.
_
AURORA,
ILL.
Population 1899 (esti.mated) avas 27,000; in 1890 was 19,688; ih
and in 1870 was 11,162.
1880 WAS 11,873
;
A Y.-An electric road.
AURORA STREET RAI LW1890.
Successor by pur-
Organization— Chartered in September,
chase to Aurora City Railway. Franchise (extended in 1896) running
The Aurora & Geneva is controlled
till 1916 without exclusive rights.
In the same Interest.
Maturity.
Oust'd'g
Date, interest.
Bonds—
Stock
$300,000
Stock ($300,000 authorized)
300,000 Oct. 1,1910
Ist M. for $300,000, gold, < 1890 6 g. A-O
c* I Interest at Cent. Tr. Co., Trustee, N.Y.C'y
not subject to call
.Bonrfs— The trustee holds 2,988 shares of Aurora CiiyRy. stock for
benefit of the bonds.
Road— Operates 18 miles of track, including 2 miles second track.
Earnings— Including the Aurora & Geneva, earnings of the two
companies for the year ending March 31, 1899, were Gross, $95,067
operating expenses, $68,849 net earnings, $26,218 taxes, $3,366
balance net, $22,852.
Officers— President & Treasurer, R. B. Dodson, 2 Wall St., N. Y.
Vice-Pres., H. 0. Tinker; Gen. Man. and Puroh. Agent, D. A. Belden.
&
:
;
AURORA
&
;
GENEVA
;
RY.—ORQANIZATION-Char-
tered July 29, 1896, to build from Aurora to Batavia and Geneva (10
miles), connecting with the Elgin City Carpentersville & Aurora. Lin*
Aurora to Batavia, etc., 8 miles in operation. Is controlled in the same
interest as the Aurora Street Railway. A final decision has lately
been given by the Illinois Supreme Court in favor of the Aurora &
Geneva in its effort to condemu a route through private property to
make connection with the Elgin City Carpentersville & Aurora Inter
urban
Organization- Incorporated at Annapolis March, 1899, and comprises all the passenger railways in Baltimore City and Baltimore
County, and Unes extend into Anne Arundel County and Howard
County. Embraces by consolidation the following roads
Baltimore Catonsville & EUiootts Central Railway Company.
Mills Passenger RR.
Gwynn's Falls Railway of BaltiBaltimore City Passenger By. Co.
more City.
Baltimore Consolidated Ry. Co.
Maryland Traction.
Baltimore <fe Curtis Bay Ry.
Pimlico & Pikesville RR.
Baltimore Gardensville <fc Belair Shore Line Electric Ry.
Electric Ry.
WalbrookGwynn-Oak&Powhatan.
Baltimore & Northern Elec. Ry. Co.
Al.'o owns all the bonds of the Baltimore Middle River & Sparrow*
Point RR. The latter company Is In default, and the United Railways
& Electric Co., as owner of the bonds, is pressing foreclosure proceedings.
The company also controls by ownership of stock the York Road
Turnpike, the Charles Street Avenue Turnpike, the Hartford Turnpike and the Baltimore & Jerusalem Turnpike.
Organized by a syndicate headed by Alexander Brown & Sons, see
Vol. 68, p. 230, and Vol. 68, p. 476.
The United Electric Light &
Power Co., of Baltimore, comprising the electric-lighting plants of
Baltimore, acquired by the same syndicate, is a separate concern.
Date, interest. Outst'nd'g. Div.or Matu'y.
Bonds—
Stock
Common stock, $24,000,000,
par,$50
$13,000,000
Preferred,cum.,$l 4,000,000, >
^
763 306 5 June 15, '99
&
par,
$50
'
5
"4
c
p. c.
Inc.M.,g.,$l4,000,000,cum.,/ 1899
4 g.
13,236,694
1949
tax free, Maryland Tr. Co. \ Payable at option after March 1, 1929
1st con. M., g., *38.000,000 ) 1899 4g.M-S al9,304,000 March 1, 1949
($1,000); Continental Tr. [-Interest at Alex. Brown & Sons, BaltiCo.,
Baltimore
more.
c* )
UNDERLYING SECURITIES.
Traction— iRt M., Tr. ? 1889 5 M-N 1,500,000 Nov. 1, 192»
Int. at National Mechanics' Bk., Bait.
Mercantile Tr. ADep. Co.o
Do Exten.&imp.($l,000)6s, ) 1891 6g. M-S 1,250,000 Sept. 1, 1901
Int. at National Mechanics' Bk., Bait.
g. Trus.,Mer.Tr.&D. Co.c$
Do N. B. Div.lst ($l,000)5s, 1892 5 g. J-D 1,750,000 June 1. 1942
g.Tru8.,Mer.Tr.&Dep.Co.c ]
Int. at National Mechanics' Bk., Bait.
750,000 Jan. 1,1900
Do Collateral trust 1st M., 1895 5 g, J-J
$750,000, $1,000, tax free, Int. at Alex. Brown & Sons, Baltimore.
gold, subject to call at 105. Trustee, Maryland Trust Co., Baltimore.
Do Conv'tibleg. bonds (not~ 1896 5 g, M-N 551,000 May 1.1906.
mort.) red. after May 1, Trustee, Mercantile Trust & Deposit Co.,
•01, atpar ($1,000)
Baltimore. Int. Nat. Mech Bk., Bait.
c*
Oity d Suburban Ry. bonds- ) 1892 5g. J-p 3,000,000 June 1, 1922
1st mortgage, g., ($1,000) 5 Int. at Alex. Brown & Sons. Baltimore.
Safe Deposit & Trust Co., Bait., Trustee.
Balt.Oatonsv.(£Ellicott's Hills )1S96 5
J-J
500,000 July 1, 1916Trustee, Safe D. &Tr. Co., Bait. Int. at
Ist M., $500,000 prin. g...
National Mechanics' Bk., Bait.
)
Lake Roland Elevated— 1st 11892 5 g. M-8 1,000,000 Sept. 1, 1942
c*&r s Int'st at Alex. Brown & Sons, Baltimore
M., gold ($1,000)
Baltimore Trust & Guaranty Co., Trustee
2,000,000 Nov. 2, 1911
Ball. City Pass.— 1st mort., ) 1891 5g. M-N
c* 5 Interest at Nat. Mechanics' B'k, Bait.
$1,000, gold
Safe Deposit & Trust Co., of Bait., Trustee.
Baltimore Oiiu Pass. —
Certs, of indebt., $500,- 1897 4i^g.M-N $500,000 Nov. 2,1911
Interest at Nat. Mechanics' B'k, Bait.
000, g. ($500 A $1,000)
Central .By.— 1st M.,$250,-) 1882 6 J-J
68,000 July 1, 1912
000, sink, fd., currency... ] Subj. to call at 100 in certain am'ts y'rly.
Trustee Baltimore Safe Dep. (b Trust Co. Int. at Nat. Meoh. Bk., Bait.
Consol. mort., $700,000,) 1892 5g. M-N
632,000 May 1, 1932
Int. at National Mechanics' Bk., Bait.
(.old.
600,000 Mar. 1, 1932
Ext. and Imp. 1st mort., 1897 5g. M-S
""
'
^
Co.
Bait.
$600,000, g., ($1,000).. Trustee is Bait. Tr. & Guar.
Int. at National Mechanics' Bk. Bait.
b Balt.Mid. Riv.d Spar. Pt.—
5 g. J-J
300,000 July 1, 1925
Ist Mtg., $300,000, gold) 1895
c* S
Trustee, Maryland Trust Co.
($1,000)
* 1,250,000 No v. 1. 1947
Bait. <6 Xorth. Elec.— l&fM.., I 1^97
5g.
$1,250,000, gold ($1,000) 5 Maryland Trust, Baltimore, trustee.
Bait.
<
line.
Stock —
Date, interest. Outsland'g. Maturity.
$88,000
Stock ($100,000 authorized)
O^ers— President, William Fahnestook; Treasurer, R. B. Dodson, 2
Wall St., N. Y.; Seo'y and General Manager, D. A. Belden, Aurora, 111.
AUSTIN, TEX.
Population 1890 was 14,575;
AND
IN 1870
WAS
in 1880
4,428.
was
11,013;
in 1890. Ira H. Evans appointed reoeivOT
Interest is in default.
Date,
interest.
Outsland'g.
Maturity.
Organization— Chartered
February 23, 1897.
Stock
&
Bonds—
$350,000
343,000
1891
6 M-S
Sept.
International Trust Co., mortgage trustee, Boston.
Road— Operates 13-34 miles of track on 10-27 miles of road.
Officers— President, F. H. Watriss.— v. 64. p. 422.
iBtmortgage
BABYLON,
Population
in
1,
1921
N. Y.
1890 was 6,035; in 1880 was 4,739.
15, 1871.
miles, extending from
Organization.— Owns and operates
Dock on Great South Bay to L. I. RR. Depot. To be extended ^
mile to the village limits to connect with Babylon & North Shore RR.
Operated since July 31, 1898, by Kinetic stored steam motors. Stock,
$25,000; par, $25; all issued. Bonds, Ist mortgage 30-year gold 5s,
$1,000 each, dated June 1, 1898; authorized, $150,000; outstanding,
State
$27,000; interest at Metropolitan Trust Co., Trustee. President,
Arthur P. Dodge; Secretary, Francis J. Oppenauer; Treasurer, James
H. Young, N. Y. Office, 27 William Street.
BABYLON & NORTH SHORE
RR.-To
be oper-
ated by Kinetic power.
Organization.— Projected from Babylon to Northport, 16 miles,
but in August, 1899, the N. V. Board of RaUroad Commissioners
refused permission to build tne road. Stock authorized, $160,000; par,
$100. President, Charles L. Easton; Secretary and Treasurer, Francis
J. Oppenauer. N. Y. Office. 27 William St.
Population
in 1890
was
1880 was 3,011.
BALLSTON TERMINAL RR.-A trolley road.
Organization— Chartered March, 1896.
Date, interest.
Stock & Bonds—
Stock (par $100)
Ist mort., gold ($500 and
$1,000 each) $300,000c*
5
(
Ouf$to7iding.
\
1
I
,
*Of these only $11,000 are still outstanding; of the remainder
$1,111,000 have been canceled, having been exchanged for the United
Hallways <fe Electric Co.'s 4 per cent bonds, while $128,000 are held in
the treasury of the latter to be exchanged at pleasure.
a This shows amounts authorized, less amounts reserved for underlying bonds, acquisitions, improvements, etc.
b In treasury of City Passenger Ry., and mortgage will probably be
forecloeed and bonds canceled.
SECURITIES-Of the $38,000,000 of 1st consolidated bonds, $18,000,000 were offered for sale in March, 1899, by Alexander Brown
Sons, Baltimore, Brown Bros. & Co., New York, Phil., & Boston, and
the Mercantile Trust <fc Deposit Co., of Baltimore; of the remainder
$15,366,000 were set aside for the retirement of underlying securities,
and $4,634,000 will be reserved to provide for betterments, improvements, extensions and expenses of consolidation.
The plane originally provided for the issue of $14,000,000 of preferred stock, but it was arranged that at the option of the holders-
&
SPA, N. Y.
3,527; in
[^
I
BABYLON RR.-Chartered April
1-53
BALLSTON
:
'
AUSTIN RAPID TRANSIT RY.—A troUey road.
Stock
UNITED RAIL"WAYS & ELECTRIC CO.
OF BALTIMORE.— (See Jlfo/)«OMJ'afifeslia»id 13.) Trolley.
Maturity.
$300,000
1806 5g.J-D
250,000 June 1, 1926
Int. at Atlantic Trust Co., N. Y., trustee.
STREET RAILTVAYS.
13
E:s=sas»
MAP SHOWING THE CITY LINES
OF THE
UNITED RAILWAYS & ELECTRIC
SYSTEM
or BALTIMORE
CO.
:
;
STREET RAILWAYS.
14
the same could be converted into income bonds, bearing 4 per cent if
earned and payable at the option of the company after March 1, 1929.
The option of conversion has been exercised to the extent indicated
above.
Dividends.— Dividends of la of l per cent were paid June 15, 1899,
on both the income bonds and the preferred stock for the three months
ending May 31, 1899, the payment on the stock (hut not on the bonds;
being subject to a deduction of one quarter of one per cent for taxes.
Road— The track mileage of the various roads on May 1, 1899, was
about as follows: Bait. Consol. Ry., 207 miles, not Including Ellicott
City branch, completed in Dec, 1898; Baltimore City Passenger Railway, 561^ miles; Central Railway, 36 ?i miles; Baltimore Middle River
& Sparrows Point, 14ia miles; Baltimore & Noi-thern, 38I3 miles; total,
363 miles.
Earnings—The combined earnings and expenses of the constituent
companies for the 12 months ending Dec. 31, 1898, were: Gross earnings, $4,062,358; operating expenses, including taxes and licenses.
$2,304,826; net, $1,757,532. It is estimated that the net can be in
creased, however, to $2,608,000.
The new management did not obtain control of the constituent
companies for the purposes of operation until April 1, 1899. Gross
earnings lor mouth of April, 1899, $341,340, against $313,038 in
April, 1898.
Directors— Alexander Brown, Henry A. Parr, Geo. R. Webb, Nelson Perin, Geo. C. Jenkins, Wm. P. Harvey, E. L. Bartlett, Col. Walter
Franklin and .Seymour Mandelbnum.
Officers— President, Nelson Perin; Vice-President, Col. Walter S.
Franklin: Gen. Manager, William A. House; Treasurer, Briggs C.
Keck; Secretary, H. C McJilton.— V. 68, p. 185, V 30, 333, 476, 574,
S.
620, 725. 1228.
BALTIMORE CONSOLIDATED
RY.-r-See Map
on page 11.)—Trollt-j. Population in 1897 (local authority), 500,723,
Organization, Etc.— Now merged in the United Railways &
Electric Co. of Baltimore,
which
see.
AV AS H I NGTON ^W E S T M IN S T E R &
GETTYSBURG RAILROAD—To be a steam road. See
Investors' SurrLEMENX for July, 1898.
BANGOR, ME.
Population 1890 was 19,103;
AND
IN
1870 WAS
BANGOR HAMPDEN
RAIL"WAY— To be a trolley road.
Organization— Incorporated
in
in 1880
18,289.
par, $100. Bonds are gold 58, dated July 1, 1898, redeemable after 5
years at 102; $150,000 reported Issued in May, 1899.
Road— Bangor to Charleston and Kenduskeag to Garland, 40 miles,
of which Bangor to Charleston, 26 miles, graded May, 1899, and 21
miles of track laid, Bangor to East Corinth. Pa 'ton gasoline motor
system to be used.
Officers— Pres. and Gen. Mgr., F. O. Beal; Treas., F. H. Small
Clerk and Legal Adviser, H. M. H«ath. Augusta. Me.
BARRE. VT.
POPOLATION 1890 WAS 4,146; IN 1880 was
PO^WER CO.— AtroUey road.
Stock
lstM.,gold, $100,000 ($500 5
each), uotsubj. to call..c* \
Floating debt Jan. 1, 1899, was $25,000.
Road— Barre to Montpelier, Vt., 9^ miles, opened about June, 1898.
President, F. C. Kennedy, Burlington, Vt.; Sec, H. K. Bush, Barre, Vt.
BATH, ME.
Population 1890 was 8,723; in 1880 was 7,874;
and in 1870 was 7.371.
BATH STREET RAILWAY.-AtroUey road.
Organization-Chartered May 5, 1891. Franchise perpetual. On
1, 1898, the Lewiston Brunswick & Bath Railway Company assumed possession under a 999-year lease, paying the $100,000 stock 4
per cent per annum, semi-annually. The stock of the Bath road, with
the exception of a few shares, was owned in 1897 by Galen C. Moses
and F. H. Twitchell.
interest. Outstand'g.
Date,
Matur'y.
Stock & Bonds—
July
4J&J
Stock au. $300,000, par,$100
$100,000
Text.
Istmort., $300,000, gold.... C 1893 5g. J-J
70,000 July 1,1913
$1,000
c*)SubjecttocallafterJuly 1,1898.
Interest is payable at American Loan & Trust Co., Trustee, Boston.
Dividends— la 1894-95, 3 p. c; in 1895-96. 413 p. c; 1896-97, 3>3 p. c
in 1897-98. 2>a p. c; in 1898 9, 4 p. c
Road— Bath to Winnegance 4*4 milea; rails 48 lb. t- Cars, 8.
Yearly Earnings-For years ending June 30 earnings were
1898.
1897.
1897.
1893.
Gross earnings $2 1 ,266 $20,003 Dividend
$2,500 $3,500
Net earnings
7,133
6,504 Balance for year.. 8ur.738 def.496
Interest, etc
3,895
3,500 Total surplus
1,893
1,155
electric road.
Oct.,
Public
OrganizationWorks Co. was formed by the union of the Street RaUway Co. and the
Bangor Electric Light & Power, Penobscot Water Power and Brewer
Water companies. F. A. Wilson, of Bangor, Maine, Hon. A. P. Wiswell,
of Ellsworth, Maine, and Charles A. Stone, of Boston, recommend
consolidation of the several companies above named into a new corpo
<fe
ration with $600,000 stock and $600,000 bonds. See V. 61, p. 795.
June, 1899, reorganization not yet completed, but expected soon to be.
interest. Autlwr'd Outsland'g.
Maturity.
Bonds—
Stock
&
$200,000
8tock.$l00
200,000
200,000 Aug.l, 1909
Istmortgage, gold, 1889.- 6 F-A
The bonds have been in default since 1893. Of the total issue of
f 200,000, $42,000 were exchanged for 5 per cent bonds of the Public
Works Company. Mortgage trustee International Trust Co. of Boston.
Road— Owns road in Bangor to Brewer, etc., 9^2 miles in all.
Annual Report— For years ending June 30 earnings have been
J.
Delicit
Tot. def. Sept.
$1,660
30 11,039
1
C. F.
p. 795.
1
BAY
CITY, MICH.
Population 1890 was 27,839 in 1880 was 20,693
AND in 1870 WAS 7.064.
;
BAY
A
CITIES
CONSOLIDATED RAIL^WAY-
Combined population
of territory supplied in 1898
(estimated) about 45,000.
No coupon on the $381,000 Ist consols has been paid since that for
Sept. 1, 1895. The bondholders' committee, of which M. P. Heraty is
Chainnan, represents about 80 per cent of the outstanding issue. The
committee states that a large expenditure of money is necessary to
make needed improvements. As the stockholders are unable to supply
this money, it will have to be furnished by the bondholders, either
through the further surrender of coupons for a series of years or by
direct contribution. The committee says the mortgaged property can
ultimately be made valuable, but drastic measures, it thinks, may be
necessary.
Rbceivekship.— In luly the property was placed in the hands of M.
P. Heraty of Philadelphia and J. C. Weadlock of Bay City, as receivers
—V. 69, p. 128.
Miles. Date. Interest. Outstand'g.
Maturity.
Bonds—
Stock
Stock (par $100)
$950,000
6
Bay City 1st mortgage
119,000
Bay Cities consol. Ist <
1893 6gM-S
381,000
Mar.1,1918
con M.$500,000,g.c. ( Trustee, Phila. Securities Co., PhUa.
1896 6 M-S
New mort., $50,000
$50,000
1906
Trustee, Phila. Securities Co., Philadelphia.
Latest Earnings— 7 months, ) 1899. ..Gross, $49,589; net, $13,289
Jan. 1 to July 31.
48,625; net, 15,911
5 1898... Gross,
trolley road.
&
For the 12 months ending Dec. 31, 1898, gross income, $87,802; net,
828,900. In 1897 gross income* $8 1,449; net, $27,000. In 1896 gross
Income, $90,552 net, $29,939.
Road— Owns 25 miles of track (length of line 17 miles).
Officers— President. Michael P. Heraty, Phila., Pa.; Sec'y, W. R.
Morrison, Bay City; Treas., S. L. Nelson.— V. 68, p. 473 V. 69, p. 128
;
BANGOR ORONO
"WA Y— A trolley road.
&
OLD TOWN RAIL-
ORQANiZATlON—Thiscompany began operations in July, 1895. Its
oars run over the Bangor Street Railway to a point on State Street,
and thence over its own line through the villages of Veazle and Orono
past the State College to Old Town, a distance of 14^3 miles, 2 miles in
Bangor;
|
;
Woodard, Bangor, Me.; Sec, Treas. and
H. Cutler; Parch. Agent, J. W. Cartwright, Jr..— V. 61,
Officers— President.
Gen. Man.,
1897.
$1,551
21,708
1898.
I
I
.
& ^WINTERPORT
1897 to build a road from the south
|
Maturity.
$120,000
100,000 Nov. 1, 1917
1897 5 g.M-N
Int. at Am. Loan&Tr.Co., Boston, Trust.
|
R AIL"WA Y.-An
BANGOR STREET
Organized
1889. The now bankrupt
1897.
interest, Outsland'g.
Date,
—
was 16,856
President, H. L. Mitchel; Treas'r, C. D. Stanford.
1898.
Bonds—
I
Sept., 1898. Stock, $500,000; outstanding, $60,000. Entire projected
line, 54 miles; of this Bangor to Hampden 6*13 miles, operated in 1898.
Hampden to Winterport and Frankfort, about 10 miles, to be built in
Tr. end. June 30.
&
Stock, $135,000, par $100
.
Bangor through Hampden to Winterport. Bonds, Ist mortgage, dated 1897, $300,000 ($1,000 each), 5 per cent, due Sept. 15,
1917, Old Colouy Trust Co., Boston, trustee; +40,000 outstanding in
Gross earnings.. $65,291 $69,493
11,127
10,449
Net earnings
12,000
12,788
Interest, etc
1,025.
BARRE & MONTPELIER TRACTION &
line of
1899.
:
total, I6I2 miles.
interest.
Bate.
Outstanding.
Stock & Bonds—
See text.
$100,000
Stock $125,000(par $100) ....
125,000
IstM., $125,000, gold.... 1895 6 g. eemi an.
37„500
BiUs payable J une30,'98.
Dividends— From April 20, 1896, to June 30, 1898, 1 p.
In 1897-98, 8 p.
Maturity.
monthly
1915
c.
monthly;
c.
Earnings-Year ending June
30, 1898, gross, $63,676;
net over
taxes, $6,695; Interest, $8,984; dividends, $12,000; bal., deficit, for
year. $10,290. In 1896-97, gross, $65,749; nee, $22,000.
President, A. F Gerald, Fairfield, Me.; Treasurer,
intendent, I. L. Meloon.
I.
C. Libby; Super-
PENOBSCOT CENTRAL RY.-To be an electric road.
Organization- Incorporated in Dec, 1896, to construct from Bangor to CJliarleston and Kenduskeag to Garland, Me. Stock, $250,000;
BEATRICE, NEB.
2,447.
BEATRICE ELECTRIC COMPANY.Population 1890 was 13,836; in 1880 was
Organization— Incorporated
in
November, 1895, with authorized
capital stock $100,000, to acquire the property of the Rapid Transit &
Power Co., 7^2 miles of track, foreclosed July 26, 1895 (V. 61, p. 195),
Light Co. and also water-power facilities.
6 per cent bonds due in 1915. Operates 7
of trolley.— V. 61, p. 195; V. 69, p. 78.
Receivership.— In July, 1899, Eugene J. Sallivau was appointed
the
Beatrice
Electric
Funded debt $60,000
of
receiver.
Officers—President, v.
Paul W. Horbach.
G. Lantry; Secretary,
A
S.
Maxwell, Treas-
urer,
BEAVER
FALLS, PA.
Population 1890 was 9,735; in 1880 was 5,104;
AND in 1870 WAS 3.112.
BEAVER VALLEY TRACTION-A troUey road.
Organization- Incorporated
June 29, 1891, and owns
Pass. Ry. Co. and of Central
in perpetuity
entire capital stock of Beaver Valley
St.
STREET RAILWAYS
Sleet. St. Ry. Co., purohaeed
under 999-year lease.
Aug.
8,
1891, operating them as one road
In July, 1899, a syndicate was said to be negotiating for control.
Matttrity.
Date, interest. Outstanding.
Bonds—
$300,000f.p
Stock ($300,000) par $50
Julyl,1911
150,000
Ist mortgage, $150,000, < 1891 6g.J-J
( Int. at Union Trust Co., <7^<s<ee, Pittsb'g, Pa.
gold
79,000
Oct. 1. 1915
2dmortKage,gold,($500). J 1895 6 g. A-O
c* \Int. at Union Trust Co., <rM«<ee, Pittsburg.
$100,000
29,299
BillspayableJuly 1, 1898
Road— Owns 6^ miles of track and leases 6'6 miles owned by the
companies whose stock it holds. Rail 45 to 72 lbs., girder and TEarnings— Year ending June 30, 1898: Gross, $69,977; operating
taxes, $2,819 interest,
net earnings, $28,444
expenses, $41,533
$15,412 balance, surplus for year, $10,213. Calendar year 1897,
gross, $68,555; net, $30,576; taxes, $2,637; interest, etc., $17,773;
net, $10,166.
Officers— Annual meeting first Monday in February. President,
J.M. Buchanan; Secretary, H. P. Brown; Treasurer, S. P. Stone.
&
Stock
;
;
;
;
BELLEVILLE,
ILL.
POPULATION 1890 WAS 15,361 IN 1880 was 10,683
AND IN 1870 was 8.146.
;
RAIL^WAYBELLEVILLE ELECTRIC
operate in Belleville
in 1893 to
Louis, a total of 14 miles.
Miles. Date, interest. Outstanding.
Bonds—
and ex-
OrQANIZAtion—Organized
tend to East
&
St.
Maturity,
Stock
$100,000
Stock, $300.000
1894 6gJ-J
100,000 Jan. 1, 1909
M., $300,000, gold
Interest at the American Trust & Savings Bank, Chicago, 111.
Road— In 1898 operated 513 miles of road in Belleville. Extension
reported to be proposed ^a mile to city limits.
Officers— President, John A. Day; Vice-President, Henry A. Kircher;
Secretary and Treasurer, George Gauss.
Annual Report— Figures for years ending September 30 were:
Years end. Sept.30— Oross.
Net.
Int., taxes, etc. Bal., «wr.
1897-98
$160,061
$70,504
$52,881
$17,623
1896-97
146,574
60,616
45,492
15,124
1895-96
141,339
62,326
40,285
22,041
Officers— President, G. T. Rogers; Vice-President, J. B. Landfield;
Becretary, J. M. Johnson Treasurer, John B. Rogers General Manager and Purchasing Agent. J. P. E. Clark. Office, Blnghamton, N. Y.
— (V. 61,p. 151; V. 62, p. 360; V. 63, p. 878.)
;
;
BIRMINGHAM, ALA.
Population 1890 was 26,178
;
and
in 1880
was
3,086.
BIRMINGHAM RAIL^VAY & ELECTRICIn August, 1899, a syndicate headed by
James
T.
Woodward,
Presi-
dent of the Hanover National Bank of New York, was said to be ne;
gotiating for the consolidation of all the Birmingham lines.
Date, interest. Outstanding. Maturity.
Stock
Bonds—
Common stock, par $100
$500,000
Pfd.8t'k,6p.c.cum.,par$100
1,000,000
1st M. gold, $1,250,000, )
1890 5g. J-J
1,250,000 July 2, 1920
$1,000
S Interest at Central Trust Co., New York.
Mortgage trustee Is Birmingham Trust & Savings Co.
Bonds— All underlying bonds of the old companies have been
retired and canceled, and $90,000 of the $1,250,000 ^r«<8 given as outstanding are In the treasury subject to the disposal of the directors.
Road— In 1899 was operating 63 miles of track in city of Birmingham and extending also to Bessemer, Pratt City and Ensley; steam, 22
miles
electric, 41 miles.
Ralls 40-56 lb. T and 58 lb. girder.
Officers— President, Robert Jemlson; 2d Vice President, W. A.
Walker; General Manager, J. B. McClary.—V. 69, p. 333.
&
;
HIGHLAND AVENUE & BELT RAILROAD
—Uses dummy
engines.
ham; 13 passenger
Was
Operates about 28 miles of track in Birming-
oars; 7 engines.
sold at foreclosure July 31, 1^99, for $176,000 to Elmer E.
to represent the owners of
V. 69, p. 283.
Whi taker, of New York, who is supposed
the Birmingham Traction.— V. 64, p. 707;
BENNINGTON, VT.
POPCLATiON IN 1890 WAS 3,971; Estimated Local
Population in 1896 was 7,000.
BENNINOTON & WOODFORD ELECTRIC
RAILMT AY. —A trolley road.
Organization. Etc.— Chartered Nov. 28,1894; operated from July
27, 1895. A summer road, and included in plant are a power house, theatre and other buildings and lands, representing $22,500 of the capitalization. Stock, $100,000, authorized; issued, $55,000. Bonds, authorized, $100,000. Dividends on stock in 1897, 9 per cent.
In April, 1899, E. D. Bennett, Superintendent of the Bennington >t
Rutland, was appointed receiver. The road was badly damaged by
freshets last October, and has not been in operation since then.
Rutland RR. depot, Bennington, to
Road From Bennington
Glastonbury, 9 mUes. Also proposed in streets of Bennington and from
Bennington through North Bennington to Hoosick, N. Y.— V. 68, p. 870-
—
15
&
BIRMINGHAM TRACTION.-A
Organization— A reorganization
of the East
trolley road.
Birmingham Land
<fe
Railroad, sold in foreclosure May 31, 1897.— V. 64, p. 843. Length of
road, 7 miles; branches, (North Birmingham Street RR.) leased, 3*75
miles; total, 10'75 miles. Transformed from steam to electric road In
1898. President, A. T. London; Secretary and Treas'r, John London.
BLOOMINGTON,
ILL.
Population 1890 was 20,484; in 1880 was 17,180;
and in 1870 was 14,590.
BLOOMINGTON & NORMAL STREET RY.
—A
trolley road.
Organization— Incorporated in June, 1898, as successor of Bloom
ington City Ry.,;foreclosed and sold May 31 1898.— V. 66, p. 1088, 11S7.
Date, interest. OutsVd'g.
Maturity.
Stock & Bonds—
$250,000
Stock, $250,000; par, $100
Bloomington & Normal 1st
.
BIDDEFORD, ME.
Population 1890 was 14,443 in 1880 was 12,651
and in 1870 was 10,282.
;
BIDDEFORD & SACO RR.—An electric road.
Organization— Incorporated Feb. 19, 1887. Owns 5*7 mUes road
(and 0"3 mile sidings) between Saoo, Biddeford and Old Orchard Beach.
Tnfst. Outstand'g. Maturity.
Date.
Stock & Bonds—
dtock (par $50) ($100,000 auth.)
i=*rv,«^„o„^,4!Qnnnrti
1
St mortgage ($90,000;
5
1888
| jj^^.
3^^
6
J- J
^^^ ^^^_
Notes payable June 30, 1898
$40,000
90,000
g^
1908
Biddeford. Me.
25,300
^
Net.
Tra.end.June 30. Gross.
Interest, etc.
Balance
1897-8
$24,958
sur.$l,217
$8,227
$7,009
1896-7
26,383
def.787
6,076
6,863
1895-6
25,461
def. 1,410
def. 6,956
5,546
Total profit and loss deficit June 30, 1898, $7,584.
In July, 1898, it was stated that Col. Chas. H. Prescott had purchased
a controlling interest and would improve the line.
Officers— President. E. H. Banks: Sec. and Treas., C. H. Prescott.
BINGHAMTON,
N. Y.
Population 1890 was 35,005; in 1880 was 17,317;
and in 1870 was 12,692.
A
BINGHAMTON RAILROAD—
1892.
Organization- Chartered August
•olldation of
Stock
&
all
.
Blnghamton RK.
Co. M.
$1,000. .c*
(See text) Interest at Atlantic Trust Co.,N. Y.,
Trustee.
Blng. Lest. & Un. Ist M.
g.
trolley road.
in 1893 by con-
Formed
the street railways in the city.
interest. Outstanding.
Date,
Bonds—
Stock, $900,000, par $100
Blng. Street RR. Ist M.
$900,000,
11,
Maturity.
$396,370
1890
6 A- O
200,000 Apr. 1, 1910
50,000
1908-1917
($5,000 due yearly Mar. 1.)
•1893 5gJ-J
50,000
1918-1922
($ 1 0,000 due yearly Mar. 1
$500,000 due Mch. 1 '23
> 1895
5 g J-D
$125,000 June 1,1925
5 Interest at Atlantic Tru.st, New York.
,
gold, prln. and Int. guar.
Blnghamton Trust Co., trustee.
Of the ttonds of iSqj, $100,000 mature in Installments as indicated in
the table, and the remaining $800,000 mature Jlar. 1, 1923. Of the
$900,000 authorized $200,000 are reserved to retire the 6s of 1910 at
maturity. J^n. 1, 1898, $100,000 were sold for improvements, leav-
ing $100,000 to be Issued at not exceeding 85 per ct. of new construction and equipment; provided the road shows net earnings equal to
twice the Interest on the bonds outstanding, including those which it
Is proposed to Issue.
Road— Operates 36 miles of track, Including the Blnghamton LesterBhlre & Union Railroad, 7 miles long, opened In 1896.
Gross, $72,798; net, $19,727
Latest Earnings— 6 mos.,) 1899
Jan, 1 to June 30.
Gross, 71,578; net, 24,098
S 1898
M.,$25O,000($50O &$!.-> 1898 5g. J-J
250.000 July 1, 1923
000)8ubj tocalliif. lOyrs. )
Int. at 111. Tr. & Sav. BU;., Chicago, Trustee, and Chase Nat. Bk.. N.Y.
The first mortgage bonds of 1898 are redeemable 10, 15 or 20 years
from date. The stock is owned one-half by A. E. DeMange and local
associates, and one-half by John Graham of the Wilkesbarre &
Wyoming Valley Traction, Wilkesbarre, Pa., and Judge Biddle of
Carlisle, Pa.,
and
Road— 13 mUes
their associates..
of trolley track.
Officers—President, A. E. DeMange, Bloomington; Vice-President,
John Graham, Wilkesbarre, Pa.; Secretary, Willis E. Gray; Treasurer,
J. F. Evans.— V. 66, p. 1088, 1187; V. 67. p. 318.
BOSTON, MASS.
Population 1890 was 448,477; in 1880 was 362,839;
AND IN 1870 was 250,526.
BOSTON ELEVATED RR.-
Organization— The bill chartering this company was signed by the
Governor of Massachusetts Jime 10, 1897. A portion of the elevated
road must be built within three years (see V. 64, p. 329) upon the locations originally asked for, and thereafter the Aldermen may grant
additional locations. The bUl provides for an extensive system of free
transfers. In addition to regular street railway taxes the company
is to pay on all lines owned, leased or operated by it
of
'e
1 per cent of gross income and a sum equal to the excess of the
dividends over 6 per cent. On the other hand, its charter is understood to " grant it exemption from reduction of fares, and also other
immunities."— (See Mass. RR. Commission, V. 65, p. 1223.) In August,
1898, tbe plans had been approved by the Massachusetts Railroad
Commissioners, cars to be run with electricity by the "third rail"
system.— V. 67, p. 318. Ground was broken early in 1899, and much
of the structure will bo completed by the fall.
Lease of West £h(Z.— The West End Street Ry. is leased until Jane
10, 1922, at 7 per cent per annum on its common and 8 per cent on
the preferred stock. In addition to all interest, rentals, etc. Possession of West End was taken Jan. 1, 1898. See lease In V. 65, p. 1223.
Cost— Engineer Kimball (of the company; estimates the average
cost per mile of construction, including foundation, rails, itc, but not
Including stations or electrical eciuipment, at $296,949. and the total
cost of construction covering a distance of 10'29 nillea is figured at
$3,055,605; equipment, termlnal.'i, stations, etc., at .$3,890,000; land
damages at a maximum of $5,039,786, minimum CHtlmato $3,120,491.
Stock— Capital stock is $10,000,000 (shares $100), on which In May,
1899. .$50 per share had been paid In, represented by receipts, no oertlflcates having been Issued. (V. 66, p. 38.) First dividend, 2>4 percent.
STREET RAILWAYS.
16
was paldJAugTist 15, 1898.—V. 67, p. 221. In 1899, January, 2H
was paid and in August 3 p. c.
The company has no direct bonded debt.
p. o.
Annual Report— Report of Boston Elevated By. for year ending
Sept. 30, 1898, V. 67, In p. 1107; V. 68, p. 279, compared with those
of West End Street Ry. for 1896-97, shows earnings as follows
1895-96.
1896-97.
1897-98.
181,321,295 172,554,513 166,862,288
Passengers carried
25.841,907
29,953.591
32,209.150
Carmilesrun
$8,341,958
$8,719,031
$9,179,096
-Gross earnings
2,007,339
2,505.323
2,612,512
Net earnings
78.156
Interest on deposits
..^^^^^
:
pt"
lSit«re"ton"west
End
debt....
Taxes, West End
Taxes, Boston Elevated
Compensation tax
Rental of subway
Dividends on West End stock.
•Other rentals
jWiBaiance
Dividend
$2,505,323
$2,007,339
$498,600
435,860
86,049
80,317
106,134
$493,219
372,460
$438,750
343,898
1,147,950
9,180
1,193,375
14,695
1,147,950
11,952
$326,577
112.500
$431,572
$64,789
$2,690,668
Total net
2i4tT>.c.
Boston Elev.
Officers— President, William A.Gaston; Vice-President, William
Jl. Bancroft Treasurer, William Hooper Secretary, John T. BumBtt.
Annual meeting is held the flrst Monday of January.
Directors— William A. Gaston, F. H, Peabody, Jacob C. Rogers,
WlUlam S. Spaulding, Samuel Carr, Frederick Ayer, Charles J. Paine,
James M. Prendergast, T. Jefferson Coolldge, Jr., W. A. Bancroft,
Robert Wineor. Horatio N. Slater.*- V. 67, p. 221, 318, 528, 11 07; V.
;
;
«9.
p. 25.
~^Dled August 12, 1899.
Companies Controlled by Boston Elevated RR.
Co.
/I) WEST END STREET RAILWAY—A trolley road.
Organization- Leased to Boston Elevated RR. until June
10, 1922,
at 7 per cent per annum on common and 8 per cent on the preferred
shares of the West End Co. in addition to the payment of its rentals,
Boston Elevated assumed possestion
interest and other charges.
Jan. 1, 1898. See terms of lease in V. 65, p. 570.
In December, 1896, leased the right to use the subway at i'^s per cent
•of the net cost of subway, stated approximately as $5,786,000 in
September, 1898, when the third and last section was opened. Entire
length is 1^3 miles, with a trackage of about 5 miles. See V. 63, p.
1065, 1117; V. 67,
p.
528.
Date,
Stock and Bqjjds-
Common stock
interest.
Outstaiid'g Lastdiv.,
dte.
A.-O. $9,085,000 Apr.l '99,3 13
J.- J.
6,400,000 Julv, '98,4%
8
Preferred stock (par $50)
1892 5 g. M.-N.
3,000,000 Nov. 1, 1902
Gold bonds of 1892
1894 4i2g.M.-S.
2,000,000 Mch. 1, 1914
Gold bonds of 1894
oqg 4 ^ m. -N
>
Gold bonds of 1896,
jn.
815,000 May 1, 1916
4= g.
$2,275,000. not mort-.P**^'*
Gold bonds of 1897.
iioQ?
p
4.
?
-a
^°"'
2,700,000 Feb. 1, 1917
*S-'--«$2,700,000 not mort.o J
J.-D.
500,000 Dec. 15,1903
MetropoUtanRR. (plain).. 1883 5
J. -J.
200,000 July 1, 1904
1884 5
Middlesex RR. (plain)
M.-N.
1882
300,000 May 1, 1902
5
Highland St., plain
5
J.J.
500,000
Jan. 1, 1907
..1887
Boston Consol. St. plain.
M.-N.
1883 5
200,000 May 1, 1905
South Boston, plain
A.-O.
1 450,000 Apr. 1,1903
1883 5
Cambridge l8t M*
1884 5
A.-O.
150,000 Apr. 1, 1904
Charles River 1st
" Cambridge bonds are redeemable $30,000 yearly at 105.
t There have been called for payment Oct. 1, 1899, $30,000, reducing amount outstanding to $420,000.
Interest la payable in Boston by the American Loan & Trust Co.
except on Cambridge Ss payable at New England Trust Company.
7
(f50)
m
-.
M
30, 1898.
»10AD— Sept.
Main
line, 1st
Miles.
Total owned
"Weight of girder rail
Miles.
158 Trackage
120 Total operated Sept. 30, '98
36 Electrically equipped
track
2dtrack
Sidings, &c
do
is
314
70 to 100
5
316
300
lbs.
|NDEX-V.65,p. 1021,1026,1073, 1223; V. 66, p. 38,80; V. 67, p. 905.
(2)
to West End Street Railway; owns 6'78
Capital stock, $200,000; par $100; no funded or float-
(3) SOMERVILLE HORSE RR-Owns 8*04 miles of track. Leased
to West End Street Railway tor $9,180 yearly, 6 p. c. on $153,000
«tock. Dividends are payable (M&N) in Boston.
MASSACHUSETTS
ELECTRIC
COMPA-
railways.
Organization— Formed in May, 1899. Is not an incorporated
company, but a voluntary association managed by a board of fifteen
jrnstees, who hold the title to its assets. Messrs. E. Rollins Morse &
Bro. and Tucker, Anthony & Co. of Boston, who promoted the eombliiation, in June. 1890, in offering some of the stock for public subBcription ($1,000 of preferred and $500 common was offered fcr
$1,050], stated that "the Declaration of Trust contains strict pro•vislons against the creation of any indebtedness whereby any shareIholder or trustee can be held to any personal liability." The following
is a list of the fompan'es controlled. For details regarding their
earnings and condition, see statements below.
sti-eet
Gloucester & Rockport.
Danvers,
Beverly
Hyde Park Electric Light Co..
Boston Milton <St Brockton,
Lowell Lawrence & Haverhill,
Braintree Street Railway,
Brockton Bridgewater <te Tauuton, *Lowell & Sulnirban,
Lynn <fe Boston,
Brockton Street Railway,
Mystic Valley,
iPc<K;kton <V Ea.tt Bridgewater,
Nashua Street Railway,
JOighton Rock Park Corporation.
Necdham & Boston,
Dighton Somerset & Swansea,
s-ilobe Street Railway (Fall River), Newport & Fall River,
Newi)ort Street Railwav,
Oloucester Essex <fc Beverly,
Newport Illuminating Co.,
Gloucester Street Railway,
&
part of the street railway mileage north of Boston as far as Nashua,
N. H., and Newburyport and Gloucester, Mass., and south as far as
Fall River, Mass., and Newport and Providence, R. I., connecting directly with the street railway system of Boston. Various electric
lighting companies doing business in the same section are also included. It is stated that "the majority and in most instances practically all the stock" of the companies in the above list is held.
Stock
Bonds.—The association has no direct bonded debt. Its
share capital is represented by certificates of participation, which
will give the owners a proportionate interest in the shares held by
the trustees. The prospectus says: "These certificates will represent
practically the entire capital stock of the above-named companies, as
well as sufficient cash to take up the floating debts and provide needed
improvements." Both classes of shares are reported exempt from
taxation in Massachusetts.
Date.
Rale.
Outstand'ff.
Div.
Common,par $100 ($12,000,000)
$12,000,000
12,000,000
^p.'c. cum.*^°.^ !f\^:^!!!^'.*!*?^'.*
\
Earnings.-Net income of properties absorbed
payment
for latest completed
reported $733,233. For
March, April and May gross earnings are given as $953,827 in 1899,
againsrt $366,097 in 1898.
Plant.—Thirty-four companies are controlled. The street railways
have 647-41 miles of track, and own and operate 1,426 cars, of which
618 are closed and 8o8 open cars; power stations, 18, with a capacity
of 28,423 horse-power.
Officers.— President, Amos F. Breed; Vice-President, Charles E.
Cotting; Secretary, Everett W. Biirdette; Treasurer, J. H. Goodspeed, Gen. Man., P. F. Sullivan.
Executive Committee: Messrs.
Gordon Abbott, Charles Francis Adams, 2d, E. N. Foss, Percy Parker and Philip L. Saltonstall. Office, 15 Kilby St., Boston.- V. 68, p.
fiscal year, after
of charges,
is
977, 1226; V. 69, p. 80, 333.
Companies Controlled by Nasgachusetts Electric Companies.
(1) BEVERLY & DANVERS STREET RAILWAY.- Electric.
Controlled by Massachusetts Electric Companies through Lynn and
Boston RR. Stock. $12,000; bonds, $40,000; miles of track, 4ifl.
(2) BOSTON MILTON" & BROCKTON.— A small electric road now
building and controlled by Massachusetts Electric Companies. Stock,
$40,000; loans, $34,000. In July, 1899, authority was given to
increase stock to $80,000 and issue $100,000 of bonds.
(3) BRAINTREE STREET RAILWAY.— A trolley road.
Acquired by the Massachusetts Electric Companies.
Organization- Chattered in 1893.
October 1, 1898, stock authorized was $200,000; stock outstanding,
$100,000 (including $30,000 increase in February, 1898); bonds, $35,000, first mortgage ($500 each) 68, dated July 25, 1894, due July 25,
1914; loans and notes payable. $13,000. Owns 11-17 miles; sidings,
0-54; trackage 3-09 mile.
Earnings— For year ending Sept. 30, 1898, gross, $15,114; net,
$9,131; charges. $4,360; dividends, $4,085; balance, surplus for year,
$686. In 1895-96,gros3, $30,138; net, $9,227; charges, $2,888; surplus for year, $6,339.
(4) BROCKTON BRIDGEWATER & TAUNTON STREET RAILWAY.— A trolley road. Now part of Massachusetts Elec. Companies.
Organization, Etc.— Organized in 1880. Road opened June 14,
Capital stock, $225,000. In April, 1898, application made to Massachusetts RR. Commissioners to increase capital stock to $275,000.
The flrst mortgage is for $200,000 5 per cent 20-year gold bonds,
$1,000 c*, due Aug. 1, 1917 interest F.&A., at American L. & T. Co.,
Boston, trustee issue authorized for building and equipping road.
Road—Owns 22-00 miles of track mostly 56-lb rail 24 cars. Extension proposed to New Bedford, Mass.
Earnings year ending Sept. 30, '98, gross, $71,277; net, $29,674;
charges, $19,660; div. paid (3 p. c), $6,750; bal., sur., $32,64.
;
OROAN I2ATI0N— Leased
jNflES.— Electric light and
Woburn & Reading.
Under contract to lease.
The foregoing comprise electric street railway lines in Eastern Massachusetts and Rhode Island. The companies given cover the greater
*
;
MALDEN & MELROSE ST. RR.—
jniles of track.
ing debt,
Rockport Street Railway,
Salem & Wakefield,
Taunton & Brockton,
Taunton Street Railway,
Wakefield & Stoneham,
West Roxbury & Roslindale,
North Woburn Street Railway,
Providence «fe Taunton,
Quincy & Boston.
Reading & Lowell,
&
$214,077
Surplus;tor;year
Norfolk Central,
Norfolk Suburban,
;
(5)
BROCKTON & EAST BRIDGEWATER STREET RAILWAY.—
Commenced operation July 3. 1897; owns line
trolley road
4-26 in length; sidings. -17; trackage, 4-96; total. 9 39. Stock, $50,000,
full paid. Bonds, 1st 20 year gold 5s. $30,000, due Feb. 1, 1918;
interest F.&A. at Amer. Loan & Trust Co.. Boston, Trustee. Year
A
ending Sept. 30, 1898, gross, $18,428; net, $3,961.
Massachusetts Electric Companies.
Now controlled by
RAILWAY —A
trolley road. Has passed
STREET
(6)
into the possession of Massachusetts Electric Companies.
consolidation of the
Organization—Incorporated in 1880.
BROCKTON
A
Brockton Street Railway, East Side, Brockton
man street companies.
Stock
&
Bonds
-
&
Hoi brook and Whit-
Dale. Interest. Oiilstand'ff.
Q-J
412A-0
412A-O
412A-O
5g.J-J
5 g.A O
Maturity.
$596,000 July l'99,li3
r
1885
10,000 Apr.1,1905
) ^
1886
27,000 Apr.l, 1906
Bonds
\^.n
1890
37,000 Apr.l, 1910
Bonds
2^
1892
16,000 Jan. 1,1912
)•&§!
Bonds.gold
"^ "
660,000 Oct. 1,1924
( 1894
«
,. .\7
^c* T?^
Subject to call at 105 and interest.
=1 S
„ ^'
^^,"^K*V*SS=n
A'Aa g....
IstM. $750,000
<j
^ Int. at State St. Safe Deposit &Tr. Co.
J
Loans and bills payab e Oct. 1, 1898, $150,128. Real estate mortgage outstanding, $7,700.
Road— Operates line 37 16 miles in length in Brockton and suburbs
extending to Avon, Randolph, Holbrook and Whitman, etc.; second
track, 6-20 miles sidings, 1-92 miles total track, 45-28 miles.
6
stock (par $100)
Brockton St.Ry. bonds.
I
I
1
I
N
I
1^
;
;
STREET RAILWAYS
Dividends—The road in 1896 had paid dividends uninterruptedly
einoe 1882; rate 1892 to 1896 inclusive was 6 p. c.; in 1897, 6 p. o.; in
1898, 6 p. c: in 1899, Jan., I1.2; Apr., l^a; July, II3.
Gross, $74,8.58; Let, $27,895
Gross, 71,494: net, 24,694
Latest Earnings— Smos.,^ 1899.
1898
Jan. 1 to March 31.
Stock
&
J7
Bonds—
Date, interest.
Stock, $1,900,000 ($100)
Outstand'g.
See text.
Maturity.
$1 500,000 f. p. J'l'yl, '99 1
do $400,000(5 p.c.pd.)
20,000
Merrimack Valley Street < 1891 5g.A-0
350,000 Apr. 1,1911
Railway 1st moi-t. gold. ( Interest at Inter. Tr. Co., trustee, Boston
Lowell Law. & Haverhill ( 1893 5g..J-D
$1,030,000 June 1,1923
consol. M., $1,900,000, i Subj. to call for the sink. fund, at 105
int
gold, $1,000,
lut-orest at Am. L. & T. Co., trustee, Boston.
Peoiilc's St. Ry. of Amos- C
bury. Mass, 1st mort$64,000
gage bonds, assumed.
Consols of 1893 are reserved for Merrimack Valley bonds when due.
,
<.\t
Earnings— For the years ending
Tears ending Sept.
30—
Road operated, miles
Passengers carried
Gross earnings
Net earnings
Interest, rents, taxes
Dividends paid
Sept.
1898.
37-16
6,787,425
1897.
34-89
6,676,255
1896.
34-89
6,227,923
$336,054
123,618
71,799
35,760
.f332,256
125,101
68,362
35,760
$306,865
116,352
48,947
35,760
$16,059
$50,425
$20.^79
$42,816
$31,645
$24,751
Balance, surplus for year
Total surplus Sept. 30
—V. 65. p. 1022; V. 68, p. 672.
(7)
DIQHTON SOMERSET & SWANSEA STREET RAILWAY.
—A trolley road.
tri
30 earnings have been
&
Dividends.— Id 1897, July, 1 p. c; Oct., 1 p. c; in 1898, April, 1 p. c;
1 p c; Oct., 1 p. c; in 1899, Jan., 1 p.c; Apr., 1 p.o.; July, 1 p.e.
Road— Connects Lowell, Lawrence, Haverhill, etc.
Miles.
54-4
First track
Seronltraok
86
Sidings
1-5
OiUstandg
$175,000
interest.
Pate,
Lot
li'.
;
;
Gross earnings for year ending September 30, 1898,61,569; net,
$17,591; income from park, $2,623; charges, interest, $7,991; taxes,
$2,049; maintenance of park, $12,354; dettcit for year, $2,180.
(8) GLOBE STREET RAILWAY.— A trolley road.
In May, 1899, was acquired by Massachusetts Electric
Compa-
nies.
Organization- Incorporated April 16, 1880; in 1898 purchased
the Fall River Street Ry., 2% miles.
Outstand'g.
interest.
Mattirity.
Date.
Bonds—
Stock
See text.
See text
$700,000
Stock, $100 par
April 1, 1912
750,000
5g. A-O
crnld ^1892
IstM «7=snooo
°
'1?
* ; Redeemable at 105 and iut.after April 1, 1902.
(fii aA^Io
!>i,uou
eacn
c
^^^ j^ payable by trus., Mass. L. & T. Co., Bo.«it.
July 1, 1912
550,000
JDebentures, g. ($1,000). 1892 5g.
Mar. 1, 1910
M-S
125,000
Debentures,g. ($1,000). 1894 5g.
Interest on debentures is payable in New York at N. Y. Security &
Trust Co. Loans and bills payable Sept. 30, 1898, $55,255.
Dividend^ln 1894-95 paid 2^ p. c; 1895-96 paid 3 p. 0.; 1896-7,
2 p. c; In 1897-8, none.
&
'
i,
second track
30, 1898, owned main track 2012 miles
total track, 31 miles. Connects with the Dartmouth
& Westport for New Bedford, Newport & Fall River for Newport, and
with the Dighton Somerset & Swansea tor Taunton.
Road— Oct.
;
;
Annual Report— For
years ending Sept. 30 earnings were
1897
1898
$13,000
Gross earnings. $312,035 $318,339 Dividends
(-,823
Net earnings... 100,5>i5 119,009 Balance, surp..
79,212
79,414 Tot. 8ur.Sepl.30 17,646
Int., taxes, &c..
1897
1898
none
$39,596
I
|
I
*17,241
|
$40,000 depreciation charged
oflf
in 1897-8.
GENERAL BALANCE SHEET
Assets
Equipment
Liabilities.
Stock
1
$700,000
Funded debt...
Unfunded debt,
Is?, 485
Pro tit and loss.
Other property
Cash and current assets
Total
SEPT. 30, 1898.
I
$1,622,483
337,179
235,021
Construction
etc.
Total.
$2,213,163
1,425,000
70,926
17,242
$2,213,168
GLOUCESTER STREET RAILWAY.—A
trolley roal.
Has passed into control of the Massachusetts Electric Companies.
Organization- Incorporated December 29, 1885.
Date,
interest.
Outstand'g. Divid's, etc
Stock & Bonds—
Seebelow.
$180,000
See text.
Stock, par$100
1887 5M-S
60,000 Apr. 1, 1907
payable at American Loan <fc Trust Co., Boston.]
Unfunded debt Sept. 30, 1898
75,500
Dividends in years ending Sept. 30, 1892 to 1895 inclusive were 3
per cent per annum; in 1896 paid 6 p. c; in 1897, 6 p. c; in 1 898, 6 p. o.
let mortgage
[AH Interest
is
Road— Owns
Gloucesxer
ii
10 miles of track and has »« mile sidings,
Rockport (rental, $1,800), 1^^ miles.
Earnings- For year ending
1898.
Sept. 30 the earnings
1897.
I
Gross earnings $70,.571
23,184
Net
Inter., taxes, ete. 11,617
(10)
Leased
$66,398
27,765
11,329
|
|
have been:
1898.
1897.
Balance for dlvs.$l 1,567 $16,435
Div. paid
10,800
10,800
Bal.,sur. for year
767
5,635
GLOUCESTER & ROCKPORT STREET
to Gloucester Street Ry.
etc.; lease
Stock, $30,000.
RY— Electric.
Loans, $10,000.
(11) GLOUCESTER ESSEX & BEVERLY RR.- An electric road
opened Aug. 21, 1895. In May, 1899, purchased l)y Massachusetts
Electric Companies.
Stock
db
Bonds—
Date,
Stock (par $100)
Bond8,$125,000($l,000)
gold, c*
>
Loans payable(Oct.l,'98)
Dividends— In 1895 6, 4
Oct. 1,
Outstanding.
Maturity.
See text.
1896 5 g J-D
125,000
Dec. 1, 1916
Int. at American L. .feT. Co., Boston, trustee.
interest.
$2.50,000
5
Road— Owned
$30,000
c; in 1896-7, 2 p. c; in 1897-8, 3 p. c.
1898, 22-50 miles of main track and 62 mile of
p.
siding; trackage, -21.
Earnings- For year ending Sept. 30, 1898, gross, $.59,036; net, $22,639; charges, $11,043; dividends, $7,.500; bal., surplus, $1,090.
(12)
LOWELL LAWRENCE
WAY—A trolley road.
A:
HAVERHILL STREET RAIL-
Organization— Chartered April 29, 1S92.
BCtts Electric
Miles.
Trackage rights
i-g
i
Total of
1
all
Sept. 30, 1898.. 66-3
|
Sept. 30 earnings
have been
:
Interest,
1896-97 5 p.o.
etock. $175,000 (par $100)
125,000 Deo. 1, l!tl5
l8tM.,$125.0iO,gold,s.f..) 1896 5 g. J-D
($1,000), red. 105 after S Interest at International TrustCo., Boston,
r) Trustee. Sinking fund is $3,000 a year.
June 1, 1901
On June 30, 1898, loans and notes payable were $33,250.
Owns 12-76 miles of track trackage, 4-60 total, 17-37.
(9)
I
64-5
owned in fee
Annual Report— For years ending
T< tal
In May, 1899. became part of Massachusetts Elec-
Bonds—
8 "a; sidings, 2
(.
July,
Companies.
Stock
*
-
. .
Companies.
Controlled by Massachu-
1897-98
1896-97
1895-96
— V.
Gross
Net.
tax., etc.
Dividends.
$452,444
428,010
410,000
$199,865
168,656
162,209
$109,625
84,928
86,872
$60,000
30,000
Balance.
sur.
sur.
sur.
$30,239
53,728
75,337
65, p. 1022; V. 68, p. 672, 1133.
(i:j)
LOWELL & SUBURBAN STREET RAILWAY.-A
trolley
road.
A
Organization— consolidation May 1, 1891. Is under contract of
'ease to Massachusetts Electric Companies.
Stock
Bonds— Miles. Par. Interest. Outstand'g Last Div., ete.
St'kauth.,$l,200,000 ....
Text. $1,000,000
$100
Text.
1st M. 1891. gold. c* .... 1,000 5 g. J-D 1,000,000
Dec. 1, 1911
Loans
pay. Oct. 1,'98
361,618
Interest in Boston by the American Loan & Trust Co., trustee.
Dividends— Im 1892-93, 1893-4, 6 per cent; 1894-95, 6 per cent; 189596, 6 per cent 1896-97, 6 per cent; 1897-98, 6 per cent.
Road— 64-8 miles of main track; sidings, 3-7 miles; total, 68-5 miles.
&
&bms
;
Annual Report— For years ending
1898.
1897.
Gross earn'gs. $393,104 $381,804
Netearniugs.. 155,045
147,503
Int., taxes, <feo.
87,515
87,655
V. 63, p. 1061; V. 65, p. 1022.
I
|
,
Sept. 30 earnings
Dividends
BaL, surplus
have been:
1898.
1897.
$.54,000
$48,000
11,848
13,530
|
—
(14)
LVNN & BOSTON RAILROAD—An electric road.
m
Organization— Owns road
in 18 cities and towns
and about
Boston, Mass. Incorporated under laws of Massachusetts, April 6,
1859, and was formerly controlled through ownership of stock by the
North Shore Traction Co., which in 1899 was disolved. Now conirolled by Massachusetts Electric Companies.
Date,
interest.
Outstand'g. Last Div. dc.
Bonds—
Stock
Stock (par .$100)
8 A.-O.
$1,266,000
April, '99,4
5J.-D.
Naumkeag St. Ry. 1st
215,000 June 1, 1906
ConsoLM
5J.-J.
711,000 July 1, 1910
Trustee, Manhattan Trust Co., New York.
LynnBeltlst
5 M,-N.
100,000
May 1,1910
Trustee, American Loan & Trust Co., Boston.
Essex Electric 1st
6 J. -J.
100,000 Jan. 1,1911
Trustee, Old Colony Trust Co., Boston.
Lynn & Boston 1st m., ) 1894 5 g.J. D.
3,723,000
Dec. 1, 1924
$5,379,000, $l,OOO.c* $ Int. at Old Colony Trust Co., trustee, Boston.
Coup, notes, $1,250,000 1897 6 A.-O.
320,000 April 1, 1917.
Plain Bonds secured bi/
Lynn & Bos. mort. of 1894—
5M.(15) -N.
Lynn & Boston
150,000
Mayl5,1900
do
5 A.-O
do
Apr. 1, 1907
100,000
5M.-S.
do
do
186,000
Mch. 1, 1912
Naumkeag
5 A.-O.
49,000
Apr. 1 1907
do
6M.-S.
24,000
Sept. 1, 1910
do
6J.-J.
10,000 July 1, 1911
Other small issues
5&6
11.000
1900
Bonds— Of the $5,379,000 first mortgage bonds, the unissued
balance to be used to take up other bonds.
Dividends— From 1880 to April, 1899, inclusive, 8 per cent yearly.
Miles.
Miles.
Road— Oct., 1898.
Boston & Revere El. St. Ry.. 3-8
Owned, measured as single
121-7 Other
track
2-2
Leased lines
Trackage
3-5
Winnisimet Street RR
2
Total main track (all elec.) ..1538
Boston & Chelsea RR
41 Sidings
100
EastMlddlesex Street RR... 16-5
Beverly «fe Danvers St. Ry., 3 miles (capital, $12,000) Is controlled
but operated separately— see V. 65, p. 1171.
Annual Report— Report for 1897-98 in V. 67, p. 126^, shows:
Tr.toSep. 30— 1898.
1897.
1898.
1897.
Gr. earn'gs. $1,484,251 $1,425,210 Dlv'ds (8 p.c). .$101,280 $99,472
Net earn'gs.
628,461
606,584 Bal., sur. for yr.
6,281
4,217
0th. Income
6,060
6,725 Tot. sur. Sep. 30 66,665
91,150
Int.,tax.,&c.
526,960
509,620
&
,
—
GENERAL BALANCE SHEET SEPTEMBER
Assets
Construct, (rd. owned) .$4,346,715
Land and buildings
1,423,594
Equipment
1,392,638
Cash and current assets.
283,569
Total
— V.
(a)
$7,446,516
65, p. 925, 1021,
30, 1898.
Liabilities.
11 7 1
;
Capital stock
Funded debt
Open accounts, etc
3'<4,852
Surplus
I
96,664
Total
$7,446,516
V. 68, p. 40, 619, 673.
BOSTON & CHELSEA RR.-Owns 41
Lynn & Boston Street Ry.
$1,266,000
5,699,000
Co. at $7,260 per
miles of track.
annum, equal
Leased to
to 6 per cent
on $121,000 stock, payable A&O.
(b)
BOSTON & REVERE ELECTRIC
ST.
RY.—
Organization- Incorporated June 24, 1889. Leased from July 1,
1895, for 99 years to Lynn A: Bostou, whicli guarantees interest on
the $50,000 Itorids and dividends on $50,000 stock, from July 1, 1898,
at 5 p. c. p(-r annum.
interest.
Onts'and'g. Lastdiv.,ele,
Date,
Bonds—
Stock
Slock (par $100)
5J-J
$50,000
Fob. 1, I'.UO
Ist mort. drawn at 104. < 18!)0
44,000
5 F A
Int.(iiotpr.)gu.i>yL.i\cB. ) Interest at Americnn I^oaii i% Trust, Boston.
Current liabilities Sept. 30, 1898
$t?,ooa
&
.
J
:
STREET itAILWAYS.
18
Road— Main track, 38 miles; sidings, &o., 0-4 miles.
(C) EAST MIDDLESEX STREET RY.—
Organization— Owns 16"5 miles of track; sidings, switches, etc.,
1'8; total, 18 Smilea. Leased May 1. 1893, to Lynn & Boston for
99 years at a rental till May 1, 1896, of $18,000 yearly in addition to
fixed charges; then till May 1, 1901, $24,000 yearly and for remain
;
der of lease, $30,000 yearly.
&
Stock
Bonds-
Eight per cent dividends are paid.
Date,
Oulstana'g.
interest.
Maturity.
8
$297,700
Stock ($100) $300,000
1898
5 M-S
120,000 Sept. 1, 1918
Plain bonds, int. gu. (end.)
1892
5 J-J
100,000 Jan. 1, 1902
Plain bonds, int. gii. (end.).
Interest at Nat. Hide & Leather Bank., Boston.
The lessee la the lease agreed to stamp the bonds with a guaranty oi
the prompt payment of int.— principal is not guaranteed. V. 67, p. 482.
.
WINNISIMMET (STREET) RR.—
Organization-Owns 20 miles of track.
(d)
Leased to the Lynn A
Boston for 999 years from 1880, at $3,000 per annum. Capital stock
Dividends in 1894-95-96-97-98 6 p. c.
is $50,000, par $50.
(15) MYSTIC VALLEY STREET RY.— A trolley road.
Organization. —Operates 6% miles of track, extending from Stoneham to Arlington. In 1898 purchased Arlington & Winchester Street
Stock, $90,000; all outstanding; par, $100. Bonds, $60,000 gold5s, dated Jan. 2, 1899, int. J-J at American Loan & Trust Co., Boston,
Trustee.
Ry.
(16)
chusetts Electric Companies.
Date,
Stock. Bonds Etc.Stock,$325,000,(par$100)
Controlled by Massa-
14, 1885.
interest.
Outstanding.
Maturity.
$250,000
150,000
6 A O
Aprill,1911
l8t mortgage, $150,000
Subject to call April 1, 190)
Interest at Nashua Trust Co., Nashua.
Loans and bills payable June 30, 1898, $53,860.
Road— Jan.
1,
1899, operated 14-47 miles of track.
Extension in
(24) QUIN Y & BOSTON STREET RY.—Trolley.
one of the roads in the combination known as the Massachusetts
Electric Companies.
Organization.— In May, 1899, consolidation was being arranged
Is
with Braintree Street Railway. After consolidation .stock was to be
$583,000; par $100.
Notes payable, $215,000; bonds of Braintree
Street Railway. $35,000.
Road Owns 30*34 miles of track. Extension to Weymouth Landing
operated from July, 1898. Dividends in year 1894-95 were 6 per
cent; in 1895-96, 7 per cent; in 1896-97, 7 per cent; in 1897-98, 7 p. ct.
Earnings— For years ending Sept. 30 earnings have been:
Int.,tcues,(6c.
Divids.
Tear
Gross.
Net.
Bal.,sur,
1897-98
$135,728
$11,819
$48,113
$31,853
$4,441
1896-97
6,207
28,448
118,395
39,282
4,627
Total surplus Oct. 1, 1898, $50,000.— V. 68, p. 724, 928.
—
—
Earnings-Years ending June 30
1897-98
1896-97
1895-96
1894-95
$1,185.
(26) BOCKPORT STREET RAILWAY-Electrio road. Owns SH.
miles of track. Stock. $100,000; flo.iting debt, $18,500. Gross earnings year ending Sept. 30, 1898, $28,433; net, $8,648.
(27)
read.
SALEM & WAKEFIELD STREET RAILWAY — ElectriO
Owns
(28)
7 miles of track.
Gross.
Net.
$15,873
17,180
10,573
Int.
dt
taxes.
$11,256
10,675
8,903
8,155
def.1,323
Balance.
sur.$4,617
6,505
sur.1,670
def.9,478
NEEDHAM & BOSTON ELECTRIC—
This road
is
in process of construction.
NEWPORT & FALL RIVER STREET RY.—
Controlled by Massachusetts Electric Companies.
Organization- Incorporated in 1898. Stock. $250,000. Bonds
$300,000, 20-year, 58, due 1918, interest F<feA; Amer. Loan & Trust
Co., Boston. Trustee. Road— State line to Newport 15-6 miles, under
construction, and through cars between Newport and Fall River
began running June 19, 1898.— V. 66, p. 1237. In 1899 made lOyear
contract with Newport Street Ry. for running of cars within city of
Newport. June 19 to Aug. 31, 1898, gross, $27,462; net, $14,327.
Dividend— 3 per cent Jan. 2, 1899; 3 per cent July, 1899.
(19) NETNTORT
STREET RAILWAY.- A
trolley road.
This is one of the lines controlled by the Massachusetts Electric
Companies
Organization— Incorporated July 30, 1888. In February, 1898, the
Newport Illuminating Company obtained a controlling Interest.
interest.
Outstanding.
Maturity.
Stock, Bonds, Etc.— Date.
Common stock
5p. c. in'96
$77,000
See below.
7 J-J
Pref. stock, 7 p. c, cum
30,000
See text.
5 J-D
1st M. $50,000 ($500). c. 1890
50,000 Dec. 1, 1910
Unfunded debt Jan. 1,'99
8,714
Interest is payable at the Industrial Trust Co., Providence, R. I.
Dividends— Gn preferred from 1890 to 1898, inclusive, 7 per cent
per annum. On com/non in 1891, 5 per cent; 1892,7 per cent; 1893,5
per cent 1894, none; in 1895, 5 p. c; none since.
and 60 lb. J.
Road.— Owns 417 miles of track. Rails, 45 lb.
;
T
Earnings— For years ending Dec. 31:
1898
1897
Gross.
Net.
$48,031
36,338
$23,227
11,082
Int., taxes,
rfc.
$15,743
18,178
Div'ds.
Balance.
$2,100 sur.i65,384
2,100 def. 9,196
(20) NORFOLK CENTRAL STREET RY.- A trolley road.
Controlled by Massachusetts Electric Companies.
Organization- Operations begun Sept., 1896. Extends from Dedham Square, connecting with Norfolk Suburban Street Ry., to East
Walpole, about 7 miles. Stock, $100,000; issued, $75,000. Bonds, 1st
mort. 20year gold Ss, $100,000, dated July 1, 1898, int. J.-J. at
International Trust Co. of Boston, Trustee
$60,000 outstanding.
Bonds are subject to call at 103 after July 1, 1903.
Stock,
other liabilities,.
$',6 8; net,
$75,000;
Earnings year ending Sept. 30,
$23,292.
$4,595.
18.^8, gross,
TAUNTON & BROCKTON STREET RAILWAY.—
Organization— Commenced operations Sept. 4, 1897. In August,
1899, acquired by Massachusetts Electric Companies. Stock, $100,000; first mortgage bonds, 5s, Aug. 1917, $100,000; State Street Trust
'98,
$60,260
61,104
53,640
26.840
RAILWAY—
LOWELL
STREET
Electric road.
(25) READING &
Stock, $100,000; floating debt. Sept. 30, 1898, $65,000.
Miles of
track, 12. Gross earnings year ending Sept. 30, 1898, $16,739; net,
Co.. Boston, Trustee.
progress.
(18)
$50,000 being held by trustee, to be Issued for new property. On Jan.
2, 1899, dividend of 2^ per cent was paid; on July 1. 2^ per cent.
NASHUA STREET RAILWAY.— Trolley.
Organization— Incorporated Aug.
(17)
:
paid 2
(29)
Operates 17-64 miles of trolley track.
p. c. div.; in '99, Jan., 2 p.
c; July, 2 p.
In July,
o.
TAUNTON STREET RAILWAY.- A trolley road.
Organization— Incorporated Feb.
Controlled by Massa-
12, 1870.
chusetts Electric Companies.
Bonds— Date, interest.
Stock
Capital stock ($100)
1894
5 J1st mortgage
&
Outstanding.
Lastdivid'd, etc
$350,000
Dec, 1893
350,000
Jan. 1, 1915
1894
5M-8
Debentures
200,000
Mar. 1,1914
Cur'ntliab'sOct.1,'98
93,700
Interest at American Loan & Trust Co., mortgage trustee, Boston.
Road— Owns and operates about 17*1 miles of main track (measured
and
and switches.
years ending Sept. 30
1897.
TearSept.30— 1898.
1898.
Gross earnings... $70,452 $81,632 Int., taxes, etc.. $36,442
32,230
30,064
Balance
Net
def. 4,212
as single track)
1-3 miles of sidings
Annual Report— For
1897.
$32,935
2,870
(30) WAKEFIELD & STONEHAM STREET RAILWAY- Trolley.
Acquired by the Massacliusetts Electric Companies.
&
Date, interest. Outstanding. Maturity.
Bonds—
Stock
Stock, $300,000, .<B100 par
6 p. c.
$150,000
Text.
1st mort. $150,000 gold... c. 1895 5g.M-S
150,000 Mar. 1, 1915
The whole issue is redeemable at 105 after March 1, 1900. Interest
at American Loan & Trust trustee, Boston, Dividends year 1894-95,
6 p. c.; in 1895-96, 6 p. c; 1896-97, 5 p c; 1897-98, 5 p. c.
Road— Owns 15-42 miles of track, laid with 50-lb. J rails, in towns of
Wakefield, Stoneham, Reading, Saugus and Melrose,ail in MassachuThe extension, Reading to Stoneham, was opened May 26. 1895.
Latest Earnings— From Jan. l to March 31, 3 months, gross, $9,959
in 1899; $10,344 in 1898. For year ending Sept. 30, 1898, gross,
$62,063; net, $26,146; charges, $14,343; dividends, $7,500.
setts.
(31 ) WEST ROXBURY & R03L1NDALE STREET RAILWAY.A trolley road. Owns 7-38 miles of track.
Control held by Massachusetts Electric Companies.
Stock & Bonds—
Date,
interest.
Outstatiding. Maturitv
$1,760)
$101,760
Ist M. $150,000, gold,s.f.W 896
5 g. M-S
100.000 Sept!i!l916
($500) red. at 103 after > Interest at International Trust Co -. Bos^^o
c*) ton, Trustee.
Sept. 1, 1901
In Nov., 1898, $100,000 additional stock and $50,000 additional
bonds were authorized to pay the floating debt and extend the road.
Earnings- Vear ending Sept. 30. 1^98, gross, $67,438; net,$23,177.
Stock
(32)
road.
^
(scrip.
WOBURN & READING STREET RAILWAY-An
Owns
$32,533.
electric
513 miles of track.
Stock, $60,000; other liabilities,
Earnings, 1897-8, gross, $11,535; deficit in operating, $51o!
;
Has passed into the Massachusetts Electric Companies combination.
Date, interest.
Outstand'g.
Stock & Bonds—
Maturity.
Stock (par $100)
Seetext.
$187,500 July,'99,4%
"^''^
"75,000
July,1914
^
.„
».
^ J®?* . t
<Int.atInternat'alTr. Co., Boston, trustee.
Dividends— In 1894-95, 6 p. c in 1896, 6>2 p. c; in 1897, 7 p. c.; In
1898, Jan., Z'^ p. c; July, 31q p. c; in 1>!99, Jan., 4 p. c.; July, 4 p. c.
Road—Owns ll miles of track.— V. 68, p- 978.
l8t mortgage
^ bonds
^
,
;
(22)
NORTH WOBURN STREET
RR.-Electric
SOUTH SHORE & BOSTON STREET RAIL-
WAY.—Trolley.
NORFOLK SUBURBAN— (HYDE PARK).
(21)
ro.:d.
Operates
TJa miles of track. Stock, $100,000.
No funded debt, but Sept. 30,
1898, had $108,' 00 floating debt. Year endlnir Sept. 30, 1898, gross
Organization,— Consolidation in 1899 of the Braintree & Weymouth Street Railway, the Bridgewater Whitman & Rockland, the
Hingham Street Railway (the latter being a consolidation of' the
Hingham, the Hull and the Nantasket Electric), the Hanover Street
Railway and the Rockland & Abingtou Street Railway. The combinaby Messrs. Pepper & Register of Philadelphia.
Messrs. George A. Fernald & Co. of Boston have been negotiating
some of the securities (V. 69, p, 229, 283).
tion .was arranged
Stock AND Bonds—
Date,
Stock, $600,000, par $100
Bonds, consol. mtg.($l,000)
gold,$1.000,OuO..:......:^
Interest at American
jt
earnings were .$40,838; net, $12,237; surplus from operations, $4,841.
(23)
PROVIDENCE & TAUNTON STREET RY.
vested in Massachusetts Electric Companies.
Organization— Owns trolley road from the centre of Providence
to and through Taunton, about 13 miles.
Trackage from Taun
ton over Brockton Bridgewater & Taunton Street Ry. to Brockton.
Operated from June 25, 1898. Stock, $175,000; all outstanding.
Bonds, $200,000 Ist mort. 20-year gold Ss, dated Sept. 1, 1898, $1,000
each, Amer. Loan & Trust Co., Boston, Trustee; issued $150,000,
Control
Is
Braintree
M
& Weymouth
Ist
$80 ()00.
Bridgewater Whit. & Rock.
gold. $1,000 c*
1 St mort
HmifhamStreetRy. first M.
gold,
.
,£„>„
^
1899
5
Loan & Trust Co.
1897 5 g. M-8.
)
^
)
\
-,
.
>
\
Maturity.
„
'
600,000
1919
(trustee) Boston.
80.000 Mar 1 1917
Int at International Tr., Boston, trustee.
1897 5 g. M-N.
85,000 Nov 1 1917
Int. at American Loan& Trust, Boston
,„„„
,
Outstand'g.
$602 400
?
1='^6
$200,000, gold
\
Hul) St. Ry first mortgage /
an-,
assumed...
..\ 1891
Rockland AAbluKton first
mort., $100,000 gold... .c
interest.
„
5g.
/>
, .„
JD.
154,000
Junel,1916
6 g. J-J.
20,000 Julyl,191l
1895 6 g. M-N.
87.500 May 1. 1915
Int. at Old Colony Tr. Co., Boston, trustee.
STREET RAILWAYS.
Bonds— It is 6 ^pectei that most of tUe above underlying liens will
shortly be Taken up, wUen the cousiliiiated mortgage will b come a
first Hen; of the authorized issue of $1,000,000 causols, $439,000 were
received for prior liens.
Road— Consists of 74 miles of electric road in Plymouth County,
Mass., of which 69 miles are owned and 5 miles operated under contract. Operates in Brockton, Braiutree, Bridgewater, East B'idgewater, Abiugton. Rockland, North Abington, Hanover, Ilingham, Hull,
Weymouth, Norwell, North Weymouth, East Weymouth, and, in connection with the Quincy & Boston, runs through curs to Boston.
Earnings— For 1S98 ea'"nings of the several roads making up the
combination were .$214,693 gross and $49,637 net.
Officers— President, Albert L. Register of Phila.; VicePres., John
J. Whipple of Brockton; Treasurer, George A. W. Dodge of New II kven.
Conn.; Secretary, Gardner F. Wells.— V. 09, p. 130, 229, 283.
WEST END STREET RY.—See Boston Elevated RR.
BRIDGETON,
Population 1890 was 11.424;
AND
lii
Aiuerican Rys. Co.
1897, to the South Jersey Traction
Co., sold in foreclosure for $90,000. Company owns
two toll roads
besides the trolley road. The population of Bridgeton by
the 1895
State Census was 13.292. Stock authorized, $200,000; Issued,
$99,700;
no bonds; debts Aug. 1, 1898, $3,500. Bridgeton to MlUvlUe, lOmUes;
Bridgeton to Fairton, 314 m.; Bridgeton. local, 4^14 m.; total, 18
miles.
Extension. Fairton to Cedarville. 44 miles, completed in May,
1899.
Will be extended eventually to Port Norris, but not in 1899.
Earnings- Year ending Feb. 28. '99, gross, $39,456; net, $12,499;
div'ds paid (2i« p. c). $4,860; taxes and rentals, $1,S55.
OFFICER.S— President, Jeremiah J. Sullivan; Vice-President, Stephen
Green; Seorotary and Treasurer. W. H. Bacon. -V. 64, p. 331, 567
887
V. 63, p. 1179. 1223.
Organization- Successor May
BRISTOL. CONN.
Last div., etc$2,000,000 Aug.l,'99,lp.c.
5 g. J.-J.
1,772,000 July 1, 1923
Trustee Fidelity Title & Dep. Co., Newark, N.J.
$2,000,000
Interest is payable at; office of Redmond, Kerr & Co., 41 Wall St., N. Y.
Dividends— Aug., 1895, to Aug., 1899, incl., l p. c. yearly.
Bonds—ThQ mortgage is a first lien on the franchises and all property now owned, or which may be hereafter acquired. As required
under the laws of Connecticut the bonds are certified by State Auditor
as issued at not over 75 per cent of cost of road, etc.
The unissued bonds may be sold for improvements ana new conatrnction, but at not to exceed 75 per cent of the actual cost of such
improvements, etc. The company has no floating debt.
Road— Owns in fee 52-6 miles, consisting of eight divisions centering
at one point, the N. Y. N. H. & H. Ry. depot, and extending to Stratford, Fairfield, Southport and Westport. Extension to Westport completed May, 1898. In August. 1899, an extension from Bridgeport to
Shelton was opened, increasing mileage by 9 miles. Rails are 90pound in city and 70-pound in suburbs.
Equipment— General Electric make; 53 closed cars, 51 new and old
open cars and snow-plough, sweepers, etc.
Annual Report—a special report was given In V. 63, p. 836, see
also remarks p 815. For years ending Dec. 31
Stock (par $100)
FlrstM.g. ($1,000)0.*) 1893
<,
—
Yeai
Gross.
Net.
Interest.
Bal., sur.
Divideyids.
1897
$321,445
$139,889
$84,150
$35,739
$20,000
1896
319,544
132,760
30,685
82,075
20,000
1895
303,419
147,187
52,187
75,000
20,000
Year ending June 30, 1899, gro.ss, $356,156; net, $164,138; surplus
Rafter dividends), $58,018. Year ending June 30, 1898, gross, $333,409; net, $155,221; charges, $85,950; surplus (after dividends),
$69,271.
GENERAL BALANCE SHEET JUNE
—
30, 1898.
Liabilities
Assets
•Construction
I
qqq q^«
!t.J,sy»,.*40
4.0
y
Equipment...
J
Accounts receivable...
Cash.
40
|
—
Stock
Bonds
I
19,687
payable
Accounts payable
Bills
Profit
and
loss, etc
$2,000,000
1,719,000
36,000
22,969
140, 104
Totalliabilitles
$3,918,073
Total assets
$3,918,073
Officers— President, A. Radel; Vice-President, H. M. Doremus;
Treasurer, Wm. Scheerer (Newark, N. J.); Secretary, Thos. L. Watson.
—V, 63, p. 836; V. 67, p. 426.
|
BRIDGEPORT, OHIO.
Population 1890 was 3,369; in 1880 was 2,395;
AND is 1870 WAS 1.178.
BELLAIRE BRIDGEPORT & MARTIN'S
road.
FERRY STREET RA ILWA Y-A
the Wheeling Railway
trolley
In IH'JS passed into the possession of
Wheeling, W. Va.
Stock
& Bonds—
Miles.
Date.
Interest.
Outstandg.
of
Maturity.
Stock (par, $100)
$250,000
150,000 Oct. 1, 1913
1893 6g. A-O
Ist M. $150,000 gold.
c*Ar Sub. to call on any A & O on and aft. Oct. 1, '08.
$1,000
Interest is payable at Farmers' Loan & Trust Co., N. Y., trustee.
Road— Operates 11 >3 miles of track.
\
electric lights.
Organization— Organized
trolley road.
Outstand'g.
interest.
5,347;
BRISTOL & PLAINVILLE TRAMWAY.-A
Also furnishes
trolley road.
Organization -Chartered in July, 1893, and operates by electricity
the entire system of street roads in the city. Owns a perpetual and
exclusive franchise from the State of Connecticut and is exempt from
aU city taxation. Population served in 1899 estimated at 65,000.
Date,
J.
CO.-
;
Population 1890 was 7,382; in 1880 was
and in 1870 was 3,788.
Population 1890 was 48.856; in 1880 was 29,148;
AND IN 1870 WAS 18.969. (See below.)
Bonds.—
N.
;
BRIDGEPORT, CONN.
&
3,
Orqanization— A reorganization per plan in V 63, p. 837. of Brlgautine Transit Co. sold in foreclosure Feb. 4, 1897. Runs
steamers
from Inlet (Atlantic City) to Brigantlne, connecting with its electric
trolley road, extending along Brigantine Beach, 7 miles of double
track.
New Securities: $50,000 1st mortgage 5 p. c. 20-year bonds; let
preferred 5 p. c. stock, $125,000 2d preferred 5 p. c. stock, $75,000
oommou stock, $150,000, all issued. In June, 1899, the Co. issued
$25,000 20-year 3d mtg. Ss (M&N) to retire fioating debt and for
double tracking. Continental Trust Co. is trustee.
EARNINQS-For year ending Dec. 31, 1898, passenger earnings of
railway, $9,023; other income, $317. President, Geo. H. Cook, 50
Broadway, New York.— V. 64, p. 373.
472.
Stock
1870 was 6.830.
BRIGANTINE BEACH,
Organization- Incorporated in
the Park City Ry., purchased at foreclosure Feb. 28, 1898, by the
Fidelity Trust & Safety V., trustee. V. 66, p. 472. Completed as an
electric road Sept. 1, 1895, to do both freight and passenger business
•connecting river and city. Population of Bowling Green in 1895 (company's estimate) was 10,000, with suburbs 12,000.
Date, interest. Outstanding. Maturity.
Stock, Bonds, Etc—
$40,000
Stock.par
20,000
1915
New mortgage
1898
Road, Etc.— Owns 5 miles of track, including sidings.
Officers— President, J. H. Wilkerson; Sec. and Trets., T. S. Fitch.—
BRIDGEPORT TRACTION-A
N. J
I88O was 8 722-
BRIGANTINE TRANSPORTATION
road.
BOWLINO GREEN RAILWAY.-AtroUey
July, 1898, as a reorganization of
p.
IN
in
BRIDGETON & MILLVILLE TRACTIONJune, 1899, entire stock was purchased by
BOWLING GREEN, KY.
Population 1890 was 7,803; in 1880 was 5,114;
and in 1870 was 4,.574.
V. 66.
19
Sept. 21, 1893. Stock authorized $1,000,000; issued, $100,000 (par $100). First mortgage 5s authorized,
$200,000 (M.&N.), due Nov. 1, 1925; int., M.&N.; outstanding, $135,000; bills payable June 30, 1898, $12,500. Length of railway measured as single track, 7-4 miles. For year ending Sept. 30, 1898, from
passengers, gross, $42,116; from electric lights, etc., $23,490; total
gross, $65,606; net, $21,417 interest and taxes, $8,733; dividends
$6,000; baL, surplus for year, $6,684. In 1896-97 total gross, $62,719. President, C. 8. Treadway, Bristol, Conn.
;
BROOKLYN,
N. Y.
Population 1890 was 806,343; in 1830 was 566,653;
AND in 1870 was 396.099.
TRANSIT.-C«ce adjoininn
BROOKLYN RAPID
Map.)
Organization- A New York corporation organized in January,
1896, per plan in Chronicle, V. 60, p. 1145, to succeed to the property of the old Long Islaud Traction Company, foreclosed syndicate
headed by the late ex-Governor Flower having then bought control.
Oars began running over Brooklyn Bridge in February, 1898.— V. 66,
;
p. 383.
ASSETS-The following is a statement of the stocks, bonds and
equities owned by the Brooklyn Rapid Transit Co. as of August 1, 1899.
Entire capital stock Brooklyn Heights RK. Co. (par)
J-200,000
Equity in 99»-year lease of Brooklyn Cuy RK. Co. to Brooklyn
Heights RK. Co.
Construction account of Brooklyn Heights RR. Co. against Brooklyn
City RR Co. for extensions and improvements on leased liues,
amounting March M,
18'.«),
to
4,fl73,7e0
Entire capital stock Brooklyn Quee is Co. & Suburban RR. Co. (par).. 2,000,000
Entire capital stock Sea Beach Railway <'o.. par value
650,000
Kntire capital stock Sea View Riilroart Co.. par value
190,753
First mortgage 6 per cent bonds Sea View RR. Co., par value
52,5C0
84 ,ii97' 16 shares out of 85,i uo shares of the common stock of the Nassau Klectric RR. Co., par
8,499,719
60,V2i) shares out of tia.oo.i shares of the 4% cumulative preferred stock
of Nassau Electric HR. Co., par
e,052,000
33.3K3. shares out of 3H,:wi" i> shares of the 5* non-cumulative preferred stock of the Brooklyn Union Elevated RK. Co., par
3.63'i,300
119,"tJ2 shares out of 1/H,2(i7 shares of the common stock of the
Brooklyn Union Elevated RR. Co., par
11,970,200
Entire capital stock of Coney Island & Gravesend Ry. Co. outstanding, par
35,400
• Kirsl mort. 5 p. c. bonds Brooklyn Queens Co. & Sub. KR. (par)
2.000.000
•First mortgage 5 per cent bonds Brooklyn City RR. (par;
1.027,000
Total par values
41.493,0\;9
"•Cnniposlng guaranty fund for performance of Brooklyn City Railroad Company's lease.
The Brooklyn Rapid Transit Company in April, 1899, also ac(iuired,
through one of its constituent companies, all the franchises and properties of the former Brooklyn & Brighton Beach RR. Co., and
this has now been converted into an electric road.
The company has also leased for the period of 999 years the Prospect
Park & Coney Island RR. Co., the New York & Coney
Island RR. Co. and the Prospect Park ..t South Brooklyn KR.
Contract
has also been made with the
Reorgaui/.atton
Co.
Committee of the Kings County Elevated Railway Co. and Fulton Elevated Railway Co. whereby all the preferred and common stock of
the newly-organized company which is to succeed to the properties,
privileges and franchises of the old companies Is to be exchanged for
$2,000,000 of the stock of the Brooklyn Rapid Transit Co. Under the
Reorganization (Committer's plan the capital stock of the new company will be $2,800,000 preferred and $6,000,000 coniinoii. ami the
company will have tin authorized bonded indelitediicss of 7, 000,000
In 4% bonds, of which only $."),000,000 will be Issued, making the
total ti.xed charges of till new company !is iiciuiied bv th<" Brooklyn
Rapid Transit Co. $200,000 per annum.
.'f<
—
))
STKEET RAILWAY.^.
20
In April, 1899, etockholilers were given the privilege of subscribing
7% of their lioldiugs for Brooklyn Eapid Traislt
stock at liar, the proceeds of this issue of stock being intended to be
used in the acquisition of the Brighton Beach Railroad properties and
to the extent of
the electrical reconstruction of those propertiei, as well as of the
leased properties of the Prospect Park .t Coney Island RR. Co. and
allied lines. The total amount thus issued was fi2,713,900.
The Broo/clyn Vity RR. Oo. is held under a 999-year lease, dated Feb.
14, 1893, guaranteeing all charges and 10 per cent dividends on $12,000.000 of stock. Tlie lease is nominally to the Brooklyn Heights RR.
Co. but practically to the Brooklyn Rapid Transit Co., since that company owns the entire capital stock of the Brooklyn Heights Company
and guarantees payment of dividends to lessor, as said above. In
1898 the Heights Company leased also the Brooklyn Queens County
& Suburban RR., theretofore operated separately. On April 1, 1899,
the Height.* Company leased the Brooklyn Union Elevated RR. Co. for
one year for $100,000 and tixcd charges, and also on the same date
the Nassau Electric RR. for one year for $150,000 and fixed charges.
In the reorganization of Long Island Traction the old $30,000,000
stock paid an assessment of $10 per $100 share, the old stock being
reduced to $20,000,000, and $7,000,000 of 5 per cent bonds being
authorized, against $3,000,000 of Long island Traction.
&
Bonds— (htfstanding. interest. Maturity. Ann. charge.
Stock
Held in voting trust.
Stock. $45,000,000.. ..$43,000,000
B'klynR.T.,g.,mort,
1895, $7,000,000..
6,625,000
250,000
3,500,000
2,834,000
240,000
650,000
Sea View RR. l.st M...
52,500
Brooklvn Union Ele12,890.000
vatedRR. Co. IstM. \
1st M.
B. Q Co. ifeSub. IstM.
First consol. mort. >
guar. p. &i. (end.) i
Jam. & B. RR. IstM.
Pea B'h Rv. 1st M., gu.
B'klynH. RR.
Nassau Electric RR.
y
Co. 1st cousol.nitge. >
V)onds
)
1st mtge. bonds
At.Ave.lst mtge
" " Gen. M.g.'Ol.
At. Ave. Imp. $1,500,000,gold, '93.
tB.B.&W.E. IstM.
Ser.A,red,Jan '97
8,946,960
5g
5
A-0 Oct.
A-0 Apr.
$331,250
12,500
175,000
141,700
12,000
26,000
3,150
515,600
Jan.
1951
357,878
Apr. 1 1944
5g J-J
5g M-N
5g J-J
4g M-d
*July
*July
1
Jan.
1,
J-J
Jan.
6
§4
4
660,000 5
759,000 5 A-O
2,241,000 5g A-0
220,000 5g J-J
250,000
Feb. 1
1945
1941
1941
1941
1930
1916
1907
1950
1,
1,
1,
5
J&J
Sep. 1,
1,
1,
1931
33,000
37,950
112,050
Jan. 1 1934
11,000
1,
1906
12,500
1,
1916
12,.500
1,
1911
1933
2,600
6.052
$1,802,730
Oct. 1 1909
Apr. 1
Jan.
tB.B. &W.E. l-stM.
250,000 5 A&O Jan.
Ser.B,red.Jau.'97
tB.B. & W. E.2dM.
52,000 5 J&D Jun.
red. July, 1896. \
121,040 5gA&0 Oct.
B. B. ifcW. E. Genl. g.
Total interest charges
1,
Rental—
999 years.
1,200,000
B'klyn Citv RR. stock. 12,000,000 10 Q-J IS
300,000
6,000,000 5 J-J IJuly 1, 1941
Ist consol. M., 1891.
July
10,000
200,000 5 J-J
1, 1908
B'klyn Crosst. IstM.
J-D
Jan.
1907
12,000
200,000 6
1,
Cal. Cem. &G.l8tM.
4I2F-A
July
9,000
200,000
1,1941
New W. & Fl. IstM.
7,500
125,000 6 M-N May 1, 1910
G. & Lorimer Ist M.
10,000
200,000 5 F-A July 1, 1906
Or. tt. &New. IstM.
$3,351,230
Total interest charges and rentals
184.500
Less interest on bonds owned (see list preceding)
$3,166,730
Net fixed charges, entire system
* Subject to call May 1, 1916.
t Subject to call.
{ Subject to call in
1916. § Five per cent after Feb. 1, 1905.
In his annual report President Rossiter estimates the entire net
fixed charges for the ye ir beginning July 1, 1899 (including the Kings
County Elevated), at $3,406,000, and says groes earnings will be not
less than $12,000,000.
Stock— Stock authorized is $45,000,000; issued $43,000,000, $2,000,000 being reserved for acquiring Kings County and Fulton Elevated RR. Cos. as per agreement with Reorganization Committee. The
stock is held in a voting trust for five years, the trustees being Anson
R. Flower, F. P. Olcott and A. N. Brady.
The Rapid Transit stockholders voted Feb. 11. 1899, to increase
the stock from $20,C00,0C0 to $45,000,000.— V. 68, p. 185, 329.
Bonds—Of the $7,000,000 fifty-year gold 58 of 1895, $1,875,000
t>ok up collateral trust notes, $3,000,000 went to stockholders for the
assessment balance for future requirements of the road. For description of property covered by the mortgage see V. 62, p. 1138. The
Central Trust Co. is mortgage trustee. In December, 1897, bonds for
$1,217,000 were listed, issued for purchase of Sea View RR. and for
extensions and improvements.- V. 65, p. 1219. In October, 1898,
$227,000 additional were listed. See application in full, V. 67, p. 904.
Brooklyn City RK. mortgage of 1891 is for $6,000,000 and is a first
lien on the old Brooklyn City road and a consol. lien on the lines
acquired by consolidation in 1890. Of the $6,000,000 issued, $4,373,000 are In the hands of the public and the balance is held in the
guaranty fund.
The total authorized issue of first consolidated mortgage gold 58 of
the Brooklyn Queens County & Suburban RR. is $4,500,000, of which
$1,666,000 are reserved for extensions, on which they will be a first
Of the .$2,t-34,000 outstanding, $2,255,000 in 1898 were enlien
dorsed with the guaranty of the Brooklyn Heights RR. Co. as to principal and interest, and in January, 1899, provision was made for
guariintecing the remainder on the jiayment of ten dollars per bond
Both B. Q. C. & 8. loans are subject to call in 1916.
The Sea Bf ach Ry. Ist 48 also are guaranteed as to principal and interest by the Brooklyn Rapid Transit Co.— V. 65. p. 1219.
Mileage- Thesystem August 1, 1899. Included:
;
Miles.
Miles.
127 Coney Island & Gravesend. 6-43
Brooklyn Heights RR
12-23
204 77 sea Beach Ky
Brooklyn City RR
Brookl. Queens Co. and Sub 4503
129-70
Total
482-28
Nassau Electric
41-89 To be acquired— Kings Co. &
Brooklyn Union " L"
Fulton "L",
21-72
Brooklyn <k Brighton Beach 17-80
220
Sea View RK....-
Prospt. Pk.
& Coneylsland. 1734
New York & Coney Island..
Pro.spect Park & So. Bklyn.
2-41
11.0
Grand
total
504-00
Franclilscs unbuilt (about). 200-00
The company the present year (1899) has opened several new routes
Coney Island, among them one from Hamilton Ferry to the Island,
another from the Bridge to Brighton Beach (surface route); also
from Broadway Ferry to Brighton Beach, besides beginning the running of through trains to Manhattan Beach via the Elevated road.
General Finances— During the year ended June 30, 1899, the
Company added to its property 238 miles of track, elevated and surface, and the acquisition of the Kings County Elevated will give 22
to
additional miles. All of the properties thus acquired have been secured
thiough the issue of new Brooklyn Rapid Transit stock and entail no
new fixed charges for such purchase except the rental to be paid for
the Prospect Park & Coney Island RR. (140,000 per year) from the
time the lease of that property went into efi'ect— June, 1899. Moreover, all the properties whose stocks have been acquired by the B. R.
T. Co. have recently had their fixed charges greatly reduced by process
of reoi-ganization.
Report— The annual report will be found in the CHRO^^CLE of
August 26, 1899. The method of operation is to have all the railroad
companies leased to the Brooklyn Heights Railroad Company, which
is the operating company, and the Income of the Brooklyn Rapid Tran.
sit Company consists of the surplus profits of the Brooklyn Heights
Company, and such moneys as it may receive from the stocks and
bonds held by it. The table below gives the operating statement of
the Brooklyn Heights Company for the year ending June 30, 1899^
with comparison for the preceding year, and includes the operation
of the Brooklyn Heights Rai road Company, the Brooklyn Queens
County & Suburban Railroad Company, the Brooklyn City Railroad
Company and the Sea Beach Railway Company for the entire fiscal
year, and of the Brooklyn Union Elevated Railroad Company and
Nassau Electric Railroad Company for three months only of the fiscal
For purposes of better comparison the figures of the leased
companies for the corresponding period of the preceding year are combined with those of the Heights Company, although they were not at
that time a part of the Brooklyn Rapid Transit system.
OPERATING STAIEMENT, BROOKLYN HEIGHTS RAILROAD COMPANY.
1898.
Fiscal year ending June 30
1899.
Gross earnings
$7,412,434
$6,616,361
year.
—
Operating expenses
General, incl. taxes &
Transportation
$902,852
2,175,923
213.888
501,948
ins... $1,079,328
2,246,711
262,638
Maintenanceof track, etc..
Maintenance of equipment.
Maintenance of power
Net earnings
Income from other
589,553
491,141
sources.
437,595
4,669,371
4,232,206
$2,743,063
13
$2,384,155
*1S5.453
$2,743,076
2,289,909
$2,569,613
2,482,349
$453,167
$87,264
Gross income.
Fixed charges
Surplus.
Includes income from guarantee fund ($181,369 50), which in the
succeeding year was paid directly to Brooklyn Rapid Transit Company and did not pass through operating company's accounts.
The above figures include a charge of $529,212 to damages, a large
part of which was on account of accidents occurring in preceding
fiscal years. The fixed charges include the rentals paid to leased companies, including the Nassau Electric Railroad Company and Brooklyn Union Elevated Railroad Company, most of whose stock is owned
by the Brooklyn Rapid Transit Company.
*
BROOKLYN RAPID TRANSIT COMPANY INCOME ACCOUNT FOR YEAR
ENDING JUNE 30, 1899.
Receipts—
"
interest on bonds and loans
profit on bonds sold
"
miscellaneous.
"
Brooklyn Heights RR.Co.'s
From
Expenses
$188,394 50
182,000 84
425 00
surplus....
471,554 77
$842,375 11
—
For interest
" taxes and miscellaneous expenses
$338,26109
41 ,564 77
3 79,825
Surplus for year
Accumulated surplus prior to June 30, 1898
Total surplus June 30, 1899
Deductions from surpluiy —
For new equipment and construction on rail-
86
$462,549 25215,579 50
$678,128 75^
-
$300,482 33
road properties
" extinguishing old deficiencies of B. Q.
C. <Se S. MR. Co. accrued prior to its ac321,174 19
quisition by B. R. T. Co
1,930 83
Direct to profit and loss
623,.587
35
$54,54140
Surplus carried forward
Officers— President, Clinton L. Rossiter; Chairman of Board, A.N.
Brady; Vice-President, Horace C. Du Val; Secretary and Treasurer,
T. 8. Williams, Clinton and Montague sts., Brooklyn.
D R ECTORS—Clinton L. Rossiter, W. C. Bryant, Horace C. Du Val, John
D.Keiley, Timothy S. Williams, John G. Jenkins, Theodore F. Jackson,
Anthony N. Brady, Henry Seibert, Seth L. Keeney, David H. Valentine,.
John Englis; C. D. Meneely. Index— V. 68, p. 130, 185, 329, 472, 523,
I
570,617,669,721,770,821,870,975,1131, 1179,1224; V.
69, p. 26,
78, 129, 130, 229.
CoinpnnieH Controlled br Brooklyn Rapid Transit Company.
(I) BROOKLYN UNION ELEVATED RR.— A steam road nowbeing changed to electric.
Organization—Organized in January, 1899, as successor of the>
Brooklyn Elevated RR. and its allied lines per plan in V. 64, p..
609. All the old mortgages were foreclosed and the properties were on.
Feb. 16, 1899, transferred to this company. The cash contribution*
levied aggregated $1,921,500.
Fixed Oharges.-OnXy $12,890,000 first mortgage bonds have beeu
issued to carry out the plan, and the present yearly fixed charges are.
estimated as follows: Ittereston firsts at 4 p. c, $515,600; taxes*
(est.), $108,000; total, $623,600 (old fixed charges were $882,083».
MAP OF THE
|BR00KLYN rapid transit CO,
SYSTEM
<
\ A
t^
^
\
^
1/1
n
STKEET RAILWAYS.
Stock and Bonds.
Outstand'g. Maturity,
Date. Interest.
Com.
$5,000,000
etc-
$12,926,700
3,830,160
stock, $13,000,000..
Pref. stock, 5% non-ciim.,
S
4% \
4 to 5
ji^^l,
& A. \ 12,890,000 Fob. 1, 1950
F.
New York, 5-73 miles Broadto
East
Road— Owns from Fulton Ferry
way and Lexington Avenue to Broadway Ferry, 2-78 miles, and Myrtle
Avenue to Adams Street and Brooklyn Bridge, 5*08 miles branch tc
Greenwood, 3-58 miles to Cypress Hills, 1*4 miles, and to 65th Street,
1-77 miles; total, 2034 miles; second track, 20-34 miles; total track,
40'6? miles. Cars are run direct from Brooklyn Bridge, via Union
Station at 36th Street and 5th Avenue, over the old Prospect Park dc
Coney Island to Coney Island.
The company's trains have been run across the Brooklyn Bridge
since June, 1898, (V. 66, p. 1187), and on July 1, 1898, the operation
of the Bridge railroad was comoieaced by the Receiver under a new
contract. A share of this contract is assumed by the Kings County
Elevated. See terms of contract in V. 67, p. 27, 426. The main lines
are expected to be entirely equipped with electricity (third-rail system), during 1899.— V. 66, p. 27. In July, 1899, the running of electric trains to Coney Island via the Fifth Ave. branch and the Prospect
Park «fe Coney Island) was begun.—V. 69, p. 129.
In March, 1898, an agreement was made with Long Island RR. proTiding for jouit construction of connecting line at East New York and
running of through trains from Jamaica to Brooklyn Bridge and from
Rockaway Park to Broadway ferries. Construction begun in Nov.,
1898, and work completed in February, 1899.— V. 67, p. 1054. Rockaway line operated since July, 1898, and line to Jamaica opened in
1st M., $16,000,000
till
S-.
1899
1905, thereafter 5%.
I
;
;
;
i
V. 67, p. 121, 175, 954.
for year ending Dec. 31, 1896, in V. 64, p.
80. Increased earnings in 1895 were due to strike on trolley roads,
Fears
dross.
Net.
Old Charges.
Balance.
1897-8
$1,626,423
$550,365
$841,989
$291,624
1896-7
-^48,544
1.669,581
634,411
882,955
1896 (cal. year).. 1,719,398
881,495
def. 197,235
684,260
1895
sur.
do
.. 2,082,937
924,699
859,428
65,271
Officers.— President, Clinton L. Rossiter; Vice-President, William
Halls, Jr.; Secretary and Treasurer, T. 8. Williams.- V. 68, p. 230, 280,
426. 570, 617, 721, 821 V. 69, p. 26, 78, 129.
Oct., 1898.
Annual Report— Report
;
(2)
NASSAU ELECTRIC RAILROAD.—trolley road.
Organization —Chartered March 13, 1893, under the laws of New
Opened in July, 1895, and in April, 1896, leased the Atlantic
Avenue RR., etc. Cars commenced running over the Brooklyn Bridge
Feb. 15, 1898- see V. 66, p. 383. In Jan.. 1899, sale of Nassau Electric stock, formerly held by Johnson Brothers, R. T. Wilson & Co. and
others, was made to Brooklyn Rapid Transit, and subsequently the
latter also acquired the holdings of Patrick H. Flynn. As stated
above, the Rapid Transit Company owns $8,499,716 out of the
$8,500,000 common stock of the Nassau Electric and $6,052,000 out
of the $6,500,000 preferred stock. The Rapid Transit assumed the
management of the road on May 1, 1899.
The Nassau Electric Railroad and its subsidiary lines In 1898 underwent recapitalization, by which provision was made for the retirement of all of the outstanding securities of the various companies
controlled by it, viz.: The Nassau Electric Railroad Co., the Atlantic
Avenue Railroad Co., the Brooklyn Bath & West End Railroad Co., the
Kings County Traction Co.— see V. 66, p. 39, 183. The asfeta of the
Kings County Traction Co. were purchased at public sale in July, 1898,
by the syndicate conducting the consolidation.- V. 67, p. 74, 125.
Certiflcate of merger of Atlantic Ave. RR. and United RR. was filed
on Jan. 26, 1899.— V. 68, p. 283, 821.
York.
Stock
Common
&
stated that rights of way have been secured. N. K. Appleton of New
York is President, and with him is associated Benjamin F. Frick,
formerly secretary of the Atlantic Avtnue RR.— V. 63, p. 401.
Bonds—
Date,
interest.
Outstand'g.
Maturity.
stock, $8,500,000
$8,500,000
Pref.4p.c.cum,$6,500,000
6,500,000
Bonds— For details see Rapid Transit statement ab»ve.
Road— Road extends from Broadway Ferry to Canarsie landing, 39th
Street Ferry, Sheepshead Bay, Manhattan Beach and Fort Hamilton,
about 68 miles of track; with Atlantic Avenue lines, reaches City
HaU, Fulton, Wall and South ferries, Bensonhurst, Bath and Coney
Island total operated, 130 miles.
Atlantic Ave. RR. owns the double-track steam road from Jamaica to
Flatbush Avenue Station in Brooklyn 9^ miles (19 miles of track),
which is leased for 99 years from June 1, 1877, to the Long Island RR.
Co., affording that company entrance Into the City of BrooldjTi— rental,
formerly a percentage of receipts, was changed in 1895 to $60,000
yearly.— V. 61, p. 828.
Latest Earnings- 9 mouths ending March 31.
Oross.
Net.
0th. inc. Int., tax, etc.
9 mos
Balance.
1898-9
$1,558,696 $246,139 $55,595 $661,585 def.$359,851
1,483,119
582,390
61,977
597,041 sur. 47,326
1S97-8
Earnings, Etc.— For year ending June 30, 1898, earnings, etc., were
as below: (See V. 67, p. 840.)
Gross earnings...
.$2,054,080 Interest on bonds
$260,584
Operating expenses
1,259,838 Taxes
72,000
Rentals
477,444
Neteamings
$794,242
Total charges
Other income
63,610
$81 0,028
Balance, surplus
$47,824
Totalnet
$857,852
UNITED RAILROAD— Successor In January, 1898, to Brooklyn
Cable Co., sold in foreclosure Dec. 23, 1897. Capital stock is $.300,000
($100 shares). In February, 1899, merged ia Nassau Electric RR.—
V. 65, p. 1172; V. 66, p. 80.
;
|
|
i
NEWTOWN RR.-See
BROOKLYN NE^VTOWN JAMAICA &
BROOKLYN
Coney Island
CITY &
& Brooklyn City RR.
FLUSHINO RR.-A trolley road.
Organization—This company has been organized to build electric
railways from Brooklyn to Jamaica, College Point, Flushing, Wlilt«Btoue, etc., witliin a r«dlus of twenty-five miles of Brooklyn. It is
& BROOKLYN RR.CONEY ISLAND Dec.
commenced
running
10, 1860. Cars
Orqanization— Chartered
over the Brooklyn Bridge Feb. 15, 1898.— See V. 66, p. 3S3.
Brooklyn City & Newtown was leased In November, 1897, for 999
years, and practically all of its capital stock acquired.— V. 65, p. 1070.
Stock
Bonds. —
&
Date.
Ontstand'g.
interest.
Last din.,
<£c.
Q.— F.
$1,884,V00 Aug. 1,'99, 2ia
300,000 Jan. 1, 1904
1884 5 J.
($1,000)
5
Trustee, Brook. Trust Co.
Int. at Mechanics' Bank, Brook.
Cert, of indebt. ($1,000) 1895
5
J. - J.
$400,000 Jan. 1, 1910
First consol. mort., j 1898
700,000 July 1, 1948
4g. J. - J.
$2,000,000, gold... < Trustee, Morcautilo Trust Co.
Securities— Stock authorized $2,000,000, an increase of;$l,000,000
having been made in 1898, to take up B'klyn Cltv & Newtown stock.
Of the ,$2,000,000 4s of lSt)3, $300,030 are reierved to take up the
Ist 58, $100,000 to retire the certificates of indebtedness, $100,000
•an be issued by vote of dirostor.s, and ,$500,000 upon assent of two-
Stk.$2,000,000(p.$100)
First mort., cur., o.
thirds of capital stock.
Road—Brooklyn to Coney Island, with branches, 13% miles; second
track, 12-63 miles; Brooklyn City & Newtown RR., main line and
branches, 8 -8 miles; second track and sidings, 9-95 mUes; total operated
45-13 miles.
Dividends— In 1893 4 per cent on $500,000 and 3 per cent on
$1,000,000; in 1894, 5 per cent; in 1895, 6 percent; in 1896, 5 percent;
in 1897, 6 p. c; Feb., 1898, 2 p. c; May, 2 p. c; Aug., 2 p. c. In Nov.
1898, rate changed to 2^ p. 0., payable quarterly. V. 67, p. 955. In
1899, Feb., 2^2 p. c; May, 212 p. c; Aug., 2'^ p. 0.
Latest Earnings,— For the 12 months ending June 30, 1898, including the B. C. & Newtown, from Deo. 4, 1897, and for the six months
ending Dec. 31, 1898, the earnings were
Net.
Oth. inc. Int., taxes, etc. Sal., sur.
12 mos. Gross.
1897-8. ..$769,y24
$287,169
$43,468
$245,221
$85,416
9 mos.
796,950
1898
290,232
242,360
58,750
The combined earnings both roads,
106,622
for the entire year, 1897-8, were:
against gross, $856,645.
net
Gross, $956,778, net, $372,185,
$302,614, in 1896-7.
Officers—President, John L. Heins; Treasurer, Duncan B. Cannon;
Superintendent, D. W. Sullivan.
Office, Smith and Ninth streets, Brooklyn.— V. 66, p. 38, 383, 1044.
Controlled by Coney Island <& Brooklyn
RR.
BROOKLYN CITY & NEWTOWN RR.—
Organization—Chartered May
22, 1860, as
November, 1897, leased to Coney Island
De Kalb Avenue
line.
& Brooklyn for 999 years.— V.
65, p. 869; V. 65, p. 366, 1070. In 1898, the Coney Island & Brooklyn RR. acquired by exchange all the stock except about $15,000.
interest.
Outstand'g.
Last div., <fe.
Bonds. Date.
Stock
Stock ($100 shares)
$1,923,400
(1)
(!)
5 J. -J.
2,000,000
3 St M., $2,000,000.. 1889
July 1, 1939
R.E.morts
191,605
Interest and dividends at Mercantile Trust Co. (mortgage trustee).
&
Road—
Miles.
Single track, main line
do
Second track
Miles.
1
8-80
8-55
1-40
Sidings
rails 66i2and^8 lbs.
Total owned
Dividends— ? 1892. 1893. 1894. 1895. 1896.
Weight of
18-75
1898.
|
Percent.
5
4
11
8
11
10
1897.
7^
(t)
Latest Earnings.— See Coney Island & Brooklyn RR.
Annual Report.— Results for the fiscal years ending June 30, before
lease to Coney Island & Brooklyn.
1896-7.
1895-6.
1896-7.
I
189.5-6.
$519,374 $553,586 Int. on bonds.. $99,520 $98,012
196,106 220,873 Taxes
22,396
Net
20,742
8,628 Rental, etc
9,491
Other income.. 15,943
10,569
Gross
I
1
|
Net income... $212,049 $229,501
— V. 65. p.
$80,642 $100,178
Dividends ..(8)80,000 (10)100,000
Bal., surplus...
194, 234, 366, 410, 869, 1070: V. 66, p. 38, 425.
COUNTY ELEVATED RR.-A steam
KINOS
but to be changed to electricity under the arrangement by
roHfl,
which the property is to pass into the possession of the Brooldyn
Rapid Transit Co.
Organization— The old Kings County and Fulton Elevated roads
were sold a; loreclosure July 6, 1899, and on July 7 the present Kings
County Elevated Railroad Conii)any was incorporated. The foreclosure was in accordance with leorganlzation plan published in V.
6", p. 724. Work of changing motive power to electricity now going
on.
In Oct., 1896, arrangements were made for the running of through
trains to Brighton Beach. V. 63, p. 754. In July, 1899, began running
trains to Manhattan Beach (V. 69, p. 80) in connection with the
Brooklyn & Brighton Beach and a section of the Manhattan Beach
division of the Long Island RR. Connection was made in 18!J7 with
tlio LouK Irland Electric for theruunins of cars to Jamaica, Queens,
Hempstead and Far Rockaway.— V. 64, p. 330.
Trains licgan crossing the Brooklyn bridge in November, 1898.
Stock and Bonds.— The Brooklyn Rapid Transit Co. is to Issue
$2,000,000 of Its htock in exchange for the entire stock ($6,000,000
common and $2,800,000 prefeired) of the new company. Interest
cliarges after reorganization will l)e only .$200,000 piv annum. The
new seeurlties are:
FiKST .MORTGAGE 4 per Cent gold bonds due In 1949; these bonds are
to lie secured by mortgage covering all the property and franchises
of the new company, including after-acquired property. Total is.-^ue
$7,000,000.
$5,000,000
Of whlirh issuable for reorganization
2,000,000
Remaining In treasury for future Improvements
Pkbkkkkki) stock, 5 J), e. per annum, non-eumulatlve (to
be exchanged for $1,400,000 Brooklyn Rapid Tran. stock,] 2,800,OCO
Common stock [to be exchanged for $600,000 Brooklyn
6,000,000
Rapid Transit Slock]
Road— Kings County owns double-track road through Fulton Street
to to. iner city line; Fulton Klevated tlionce to now city lino.
Tracks were us follows on June 30, 1898, 21723 miles In all
id.
jd.
444
5-444
0-9(!2
2-884
2884
0175
Iracks—
Kings County El., miles
Fulfon El., miles
i»l.
6
Sidings,
etc.
0627
3003
Total.
12477
9-24(i
-
:
:
,
STREET KAILWAFS.
22
Lat EST Earnings—July
l to
March
31, 9
marked with an
months
Btlance.
<1ef. $2,925
1898-9... f 505.308
$45,411
$41,582
$904
def. 95.877
1897-8.... 544,111
162.493
89,465
7,151
Annual Report— Fiscal year ends June 30. Results for 1897-98,
•with balance sheet, were given In V. 67, p. 952, showing as follows
1896-97.
1897-98.
1897-98.
1896-97.
$694,480 $725,314 Int. on bonds*. $120,072 $300,700
Oross
33,345
27,702
175,482 Rentals, etc..
74.862
Net
23.559
58,760
7,385
16,870 Taxes
Other income.
Gross.
Xet.
0th. Inc.
Net income. $82,.547 $192,352
Int.
dt
tax.
$89,036
Bal., dettcit
$199,763
Receiver's statement Includes int. on bonds to Nov. 20, 189 7, only.
—V. 68, p. 187, 331. 977, 1226; V. 69, p. 80, 130.
"
RY.-Trolley.
LONG ISLAND ELECTRIC
1894. Completed and
Organization- chartered March
in oper-
5,
ation from Crescent Ave., Brooklyn, at the terminus of the Kings
Co. Elevated to Jamaica, Far Rockaway, etc. Power furnished
from its own power house. Through connection is made to the Brook
lyn Bridge over the Kings County Elevated Railroad.
interest.
Outstand'g. Maturity.
Bonds— Date.
Stock
$600,000
Stock, $600,000
5g.J-D
600,000 Junel,1925
1st mort'ge,.$600,000 < 1895
0*
Hamilton
Brooklyn, Trustee.
Int.
at
Trust,
\
($1,000)
Earnings.— For year ending June 30, 1899, gross, $86,588; net,
$12,997; other income, $400; flxed charges, $40,597; balance, deficit,
On June 30, 1899, loans, $77,298; accounts payable, $11,$27,200.
387; due for construction, $105,6 20.
Road.— Operates about 24 miles of road.
Officers— President, A. R. Hart, 320 Pearl St., N. Y.; Treasurer,
William L. Wood, of Jamaica, N. Y. General Office, Jamaioa, N. Y.—
V. 62, p. 548, 779; V. 64, p. 330.
&
VAN BRUNT STREET & ERIE BASIN
RR.— A trolley road.
Organization, Etc.— Chartered Feb. 15, 1861. Stock, $200,'"00,
Bonds, $25,000 1st 6s, A. & O., all issued, dated
1882, due April 1,1892. Road, 213 miles, changed to electricity in
1398. YearendingJune30,1898, gross, $32,101; net, $6,357; charges
all issued; par, $10.
$2,812; other deductions, $12,596; balance, deficit, $9,051. President,
Michael Murphy; Sec. and Treas., Wyllys Terry. Office. 264 Van Brunt
St.,
Brooklyn,
N.Y
BUFFALO,
N. Y.
Population 1890 was 255,664; in 1880 was 155,134;
AND IN 1870 WAS 117,714.
HAMBURG & AURORA RY.BUFFALO
trolley road.
To he
a
Organization— Incorporated
in 1398. Stock, $400,000; Ist mortgage 5 per cent 25-year bonds authorized, $400,000; Buflfalo Loan
Trust & Safe Deposit Co. trustee. Contract let in March, 1899, for
construction of 19^3 miles main line, brick power-house, car-house and
turn-outs; total track, 21 miles. Road between Buflfalo & Hamburg
and Orchard Park was to have been ready in August, 1899.
Officers— Pre.-iident, A. J. Bcuziug; Vice-President, Walter Phelps;
Sec. and General Manager, U. L. Upson, 1095 flllicott Square, Buflfalo.
BUFFALO & ^VILLIAMSVILLE ELECORGANIZATION— Chartered August
On June
10, 1891.
RY-
30, 1899.
no bonds. Operates 514 miles of track, Buffalo to
stock, $75,000
For year ending June 30, 1899. gross,
Williamsville, 56-lb. rails.
$11,459; net, $4,243; taxes, $503. In 1897-8, gross, $12,161; net, $4,459.
;
Officers— President and General Manager,
E. C. Longnecker; Sec, A. C. Rinewalt; L. L.
Blocher
Vice-Pres-.
Grove, Supt. and Treas
J.
;
INTERNATIONAL TRACTION CO.-Trolley.
Organization— Organized in 1899 under New Jersey laws, and has
acquired the Buffalo street railways, the railways leading from Buffalo
to Niagara Falls and I.ockport and the Niagara Falls Railway and
Suspension bridges, as well as the Canad an trolley road
Stock & Bonds—
common, $10,000,000
Date,
interest. Outstand'g.
Matuntv.
Stock,
$10,000,000
.
.
cum., $5,000,000
5,000,000
Collateral trust,.$30,000,000 ( 1899 4g..J-J
12,715,000 Julvl,1949
Guaranty Trust Company, New York,
($1,000), gold, c*. Interest^
( Trustee.
at agency In New Yoik.
Prf
.
,4 p.c.
May
be called at 110 on any interept date.
The following Is a list of the constituent companies, with their stock
and bonds outstanding:
fames of companies.
Buffalo Propkrties—
Buffalo Railway Co
Cross-town Street R'y Co. of Buffalo.
.
The Buffalo Tracticm Company
iNTEB-URnAN PROI'KRTIES —
Buffalo Bellevue &. Lancaster Ry. Co..
Buffalo <fe Niagara Falls Electric Ry...
Buffalo & Lookport Railway
Elmwood Ave. & Tonawanda Elec. Ry.
Tonawanda Proi'ERTy—
Existing
bonds.
Existing
$5,999,500
2,480,000
600,000
$i,370,500
2,860 000
21'S,000
90 000
925,000
500,0
,250000
*1, 000,000
'
"1500000
'
Niagara Falls <fe Susp'n Bridge Ry. Co.
Niagara Falls Whirlpool & Norh'n Ry.
International BRinoB PRoi-EKT.ts
a Niagara Falls Susp'a Bridge Co... )
6. Clifton Suspension Bridge Co
\
a. LewlHton Connecting Bridge Co... )
b. Queenston Heights Bridge Co
\
&
*
&
Niagara Falls Proi-krties—
Niagara Falls Park
600000
14125
Niagara Falls
Buffalo Tonawanda
Electric Railroad Company
Canadian Proierty—
stock.
River
Ry
'
518,000
2i,50J
*600 000
50,000
qaa nnn
J00,O00
*i(\nnr.r,
*400,000
^^?=^nnc\
1^0,000
*innnnn
400,000
600,000
'600,000
$12,245,000 $14,739,625
Total
The International Traction Co. holds all the outstanding stojk
(except a few shares held by the directors) in the case of the stocks
a.sterisk (' ) in the foregoing: it also holds $5,311,100
of the Buffalo Railway Co. stock of $5,370,500, while the Buffalo Bailway in turn owns the entire slock of the Ciofstown Street Railway
and the stock
of the Buffalo Traction
and the Buffalo Bellevue
&
Lancaster.
Bonds— The stocks marked (*), excluding the few shares needed to
qualify directors, together with $5,311,100 Buffalo Railway stock and
$60,000 bonds of tlie Tonawanda Street Railway, are pledged as
security for the new co'lateral trust loan. Of the $30,000,000 authorized issue of the collateral bonds, $12,285,000 arc reserved to take up
the underlying liens wiJioh are not to be disturbed at present, and
$5,000,000 are to be reserved to be used for betterments, improvements, etc., at the rate of $1,000,000 per year after Dec. 31, 1899.
Bonds—
St
Rv
in
ity.
SI.
m.
mM
Stock
Buffalo
tjunaio
Vnilerlyingr Liena.
Bate. Miles, interest. Outstand'g.
&
1875
5
^
j^^
^^
payable at Nat.
Maturity.
650,000
Bank
of
M874
^^^ j^
....
293,500 8ept.l,1912
6 M-S
9,imM882
za. in.
j^^ j^ payable at Company's office, Buffalo,
BuffaloESidftlstM
Bunaioii.tMae ist m.
^
dn
uo
6&7 J-J
July 1,1905
Commerce. N. Y.
300,000 Junel,1904
....
7 J-D
payable at Company's office, Buffalo.
....
fin
ao
^
F -A
3,756,000 Feb. 1, 1931
& Trust Co. (Phil.) trustee.
j^ payahlebvCuyler, Morgan & Co., N.Y.Clty.
67 5 g.
ist Con
(SI 000) ^ 1891
nnnnnn<ri^'n"«,;S
i\
!t.D,uuu,ouogia.c
&r Solicitors' Loan
M
^ jj^^
J-D
Real estate mtges. (5)
6
150.000 June20,1904
Buff. Ry. debe'turesl 1897 ...
6 g. A - O 1,000,000 Apr. 1, 1917
$1,000,000, g.,red. Trustee, Metropolitan Trust, N. Y.
at 105 after Apr. 1, Secured by depo.sit of $2,000,000 stock of Cross1902 ($500, $1,000) J town Street Ry.
I
(
Crosstown Railway— Guaranteed bonds
1st M. g., ($3,000,- < 1892
2,480,000 May 1,1932
73 5 g. M-N
000), gu. p.&i.c* Int. at Metropolitan Trust, N. Y. City, trustee.
Buffalo Traction 1st 5 1898 ..
5 g. J-J
600,000
mortgage.
\ Trustee, Metropolitan Trust Co, New York.
Buff.Bellev.&Lan.M. 1897 ....
215,000 Junel,1927
5 J-D.
Buff.& Niagara Falls )
Elec. Ry.— 1st M.,S^ 1895 .... 5 g. J-J
750.000 July 1, 1935
I
.
$750,000, gold... 3
17.'^,000 July 1, 1921
2d M., $250,000, g.,) 1896 ...
5 g. J-J
s. f., red. aft. 1901 > Interest at Mercantile Trust Co., New York,
at 105, *l,OOO...c) Trustee.
Buff. ALockport Istj 1898
500.000 July 1, 1938
5 g. J-J
M., g., $1,000,000. X
Colonial Trust Co., New York, Trustee.
Niagara FaUs&Sus-) 1893 .... 6g.J-J
518,000 July 1, 1903
pensi'n Bridge Ry. > Interest at Third National Bank, Buffalo.
Ist mort., gold
) Mort. trustee, the Fidelitv Tr.& Guar. Co., Buffalo.
Niag'a Falls Whirl-)
pool & ISorthern> 1894 ....
22,.500 July 1, 1903
5 J-J
1st mort., gold
)
Niag. F. Susp. Bdg. > 1897 ....
5 g.
300,000
Clifton Susp. Bridge )
Toronto General Trusts Co., Trustee.
Lew. Con'g Bdg. Co. ) 1898 ....
5 g.
125,000
Queens. Hts. Br. Co. I
Toronto General Trusts Co., Trustee.
Niagara Falls Park)
5
600,000
<fe River 1st mort., V 1893
....
Canadian curr'ucy )
Road— Operates in the vicinity of 300 miles of track.
Officers.— President, W. Caryl Ely; Vice Prest., Daniel S. Lament.
Sec. and Treas., Richard F. Kankine; Gen. Manager, Burt Van Horn.
Executive Committee. Chas. H. Coster, Francis Lynde (Stetson, Daniel S. Lament and Wm. B. Rankine of New York; W. Caryl Ely and
Burt Van Horn of Buffalo; and T. De Witt Cuyler of Philadelphia.—
V. t8, p. 524, 571, 1024; V. 69, p. 229.
—
BURLINGTON. IO\VA.
Population 1890 was 22.565; in 1880 was 19,450;
and in 1870 was 14,930.
BURLINGTON RAILWAY & LIGHT Co-
Organization— A consolidation of Burlington Electric Ry., Burlington Gas & Fuel Co. and Burl. Elec. Light Co. in 1897.— V. 64, p. 329
In May. 1899, was reported to have purchased the Burlington Gas
Light Co., paying $200,000.
&
Date, interest. Outstand'g. Maturity.
Bonds—
Stock
Stock, $1,250,000
(1)
$625,000 Oct. 1, 1917
Ist M., $750,000 ($500, &c.),< 1897 5 A-O
red. aft. 5 y'rs at 105,cur.c* \ Int. at American L.&T.,Bo8ton,trustee.
Bo>ids— Mortgage covers railway, electric-light and gas plant. Bonds
for $125,000 are reserved for extensions to gas plant.
Road Total track 16^2 miles trolley 40 and 66 lb. T rail.
Officers— Pi'esident, G. H. Higbee; Secretary, E. C. Walsh; Treas.,
—
;
Remey.
INDEX-V. 62,
J. T.
p.
232
;
V. 64, p. 41. 468. 753; V. 68, p. 1022.
BURLINGTON, VT.
Population 1894 (local est.) 17,000; in 1890 was 14,590;
AND in 1880 WAS 11.365.
BURLINGTON TRACTION
Stock
&
CO. -A
trolley road.
Miles. Date. Int'rest. Outstand'g. Maturity.
Bonds—
Stock $200,000, par $100
^^ll^'*'*lS^*000^''iom*^
S'a
$500 & $1,000
Unfunded debt, jime
$200,000
1894 6g.J-J
125,000 Jan., 1924
^°* subject to caU before matui-ity.
c)
30, 1S99
5,000,000
Interest is payable at offlc ^f trustee, Burlington Trust Co.
Road— Owns ll miles of track in city of Burlington. Rails 50-lb.
T. Owns 8 box cars, 10 open cars, 3 snow plows.
EARNINQSforyearending June30, 1899: gross, $51,949; net, $24,961;
interest, $7,500; dividends, $7,650.
Officers— President, Elias Lyman; Vice-President, Jos. A. Powers;
Treasurer. W. F. Hendee; Secretary, B. H. Eagan.
BUTTE, MONT.
Population 1890 was 10,723; in 1880 was 3,363;
AND in 1870 WAS 241.
BUTTE CONSOLIDATED RAIL WAY -Trolley.
Foreclosure— Receiver
closed.
p. 663.
Cable
line
is
J.
R.
Wharton.
has been abandoned.
Mortgage being
fore-
Interest in default.— V. 64,
STREET RAILWAYS.
In April, 1899, appUoation was made to the Court by the receiver to
lease part of the line to the Silver Bow Railway Co.
Outstanding. Maturity.
interest.
Date.
Bonds
Stock
—
&
Stock
,,
^
goia
Mortgage,
„
5
1891
6g.
$500,000
500,000
J-J
July 1,1911
Trustee, Mass. Loan A Trust, Boston.
The owners of the stock also hold the entire issue of bonds.
Road— 21 miles of track. About 5 miles of extensions contemplated
Sec, Alex. J. Johnston Treas A. H.
in 1899. Pres., W. A. Clark
^
;
;
Wathey.— V.
,
64, p. 663.
23
Canandaigua Gas Light
Co., all of
which properties are covered by
Its
bonds.
Stock
Stock
&
Bonds
Date.
Interest.
Oustand'g.
Maturity.
$150,000
fl897 6g.J-J
160,000
1927
Ist mort., gold ($500 each).. Trustee, Rochester Tr. &S.D. Co., Roch.,
-^
(
N. Y.
Road— Owns
4 miles of track 44-lb. rail on 3 miles, 36-lb. on 1
mile; 5 cars. Earnings— For year ending June 30, 1898, gross Income, $5,531; net, $210. In 1897, gross Income, $4,793; net, $2,395^
Officers— Pres., T. H. Fearey Sec, Treas. & Man., H. B. Ferguson.*
;
;
CAIRO,
ILL.
POP0LATION 1890 WAS 10,324;
AND IN 1870 WAS
IN 1880
6.267.
CANTON,
WAS 9,011;
RAILWAYCAIRO ELECTRIC1890.
Operates 5^ miles of track.
Orqanization— Chartered
Stock & Bonds—
POPDLATION 1890 WAS 26,189; IN 1880 was 12,258;
AND IN 1870 WAS 8,660.
in
Outst'd'g
Maturity.
$52,400f.p
June 1, 1911
51891 6 J-D 52,400
_1
, ^
1st mortgage, currency
^ Trustee is St. Louis Tr. Co., St. Louis, Mo.
Officers— President and Treasurer, E. W. Halliday.
Date,
interest.
Stock, $75,000; par, $100
A trolley road.
EGYPT ELECTRIC COMPANY—
Electric
fold under foreOrganization— Successor
to Delta
Co.,
Four miles of track.
closure sale Feb. 13, 1896, to the bondholders.
Stock, $40,000; bonds, none.— V. 62, p. 364.
CALAIS, ME.
Population 1890 was 7,290; in 1880 was 6,173;
AND IN 1870 was 5.944.
CALAIS STREET RAILWAY-A trolley road.
Organization— Stock, $100,000 first mortgage, 1894, 58, J&J,
$100,000 due July 1, 1918. Current liabilities, June 30, 1899, $9,779.
Year ending June 30, 1899, gross, $22,292; net, $4,161; Interest,
taxes, etc., $2,767; bal., surplus for year, $1,394. In 1897-98 gross,
;
$23,252; net, $4,743; interest, taxes, etc., $6,530; balance, deficit,
for year, $1,787.
Road— Calais Street Railway, lower wharf to upper bridge, Calais,
4 miles; St. Stephen Electric St. Ry. Milltown, N. B., to St. Stephen, N.
B., 3 mUes; total, 7 miles. The St. Stephen Electric St. Ry. Is a separate corporation, but is owned entirely by the Calais company.
Officers—Pres., George A. Curran; Treas., C. W. Young, Calais, Me.
CAMDEN,
N.
CAMDEN GLOUCESTER & "WOODBURY
Stock
Bonds—
&.
Date,
interest.
Outstand'g.
$600,000
400,000
M&N
1894 6
Ist mort. ($500 each)
Int. at Security Tr. & S. D. Co. (trustee),
Other debts Jan., 1899
Maturity.
...
1904
Camden.
159.122
1899, owned 22-40 miles of track. Total cost of road
and equipment to Jan. 1, 1899, $1,266,761.
Earnings— In year ending Dec. 31, 1898, gross, $117,404; expendi
tares for repairs, $12,964; for superintendence and management,
$72,825; balance for year, $44,578; Interest on bonds, $24,000.
Officers— President, J. Willard Morgan Secretary, T. P. Cur ley
Treasurer, W. J. Thompson.— V. 62, p. 232.
Road -Jan.
Organization— Chartered in 1892, and absorbed the Canton Street
Railway and the Lake Side Street Railroad companies.
Stock
&
Bonds—
1,
CAMDEN
& SUBUPv.BAN RY.-A
Organization- Formed in 1896 to control the Camden Horse RR.
(which is leased) and the West Jersey Traction Co. Capital stock
issued to Jan. 1, 1899, $975,500; par, $25; paid in, $97,550;
debt, $554,000; other debt, $83,367.
funded
Earnings- For year 1898, gross Income from passengers, $266,983;
from other sources, $27,262 total income, $294,245; operating ex
penses and repairs, $300,082; deficit, $5,837.
Road—Track, 6 miles; Camden Horse RR. leased, 32 m.; West Jersey
;
Traction Co., 5 miles; total, 44 miles. Extension Collingswood to
Haddonfleld in operation in 1898.
President, Wm. S. Scull; Vice-President, B. C. Reeve; Secretary, S.
T. Corlls,": Treasurer, H. Lippincott.— V. 62, p. 682.
(1)
CAMDEX HORSE RR.-A trolley and horse road.
Organization- Incorporated March 23, 1866. In April, 1896, control was acquired by the Camden & Suburban Ry., which leased the
road from April 1, 1896. Rental,
which paid 18 p. c. on stock.
Stock
&
Bonds—
Date.
Stock ($25) paid in
Ist
mortgage
etc.,
received in 1898, $45,400. from
Interest.
See text.
Outstand'g. Last div.,
5
$250,000
250,000
etc.
See text.
1909
Ist cons. M. ($500,000)
1892
5 M-N
250,000 May 1,1912
($500)
Interest payable at New Jersey Trust Company, Camden, N. J.
Dividends— 1S92, '93, '94 and '95. 8 p. c. per an.; '96, 14 p. c; '97, 16
p. c; '98, 18 p. c.
Road.—Jan.
equipment
l,
1899, operated 32 miles of track.
(2) WEST JERSEY TRACTION CO.—
Owned by the Camden & Suburban Ry.
Franchise granted by
Stock, .$65,000.
city la 1894.— V. 62, p. 682.
CANANDAIGUA,
Miles of
N. Y.
Population 1890 was 5,868; in 1880 was 5,727;
AND IN 1870 was 4.862.
CANANDAIGUA ELECTRIC-LIGHT & RR.in 1888. Owns and operates an electrlcand 4 miles of street road, and owns majority of stock of the
OrGANIZATION— Chartered
llght plant
Maturity.
CAPE MAY
N.
J.
in 1880
•AND IN 1870 was 1,248.
was
1,699
CAPE MAY DELAWARE BAY & SEW^ELLS'
POINT ELECTRIC RAILV^AY-AtroUey road.
Organization—A consolidation
in 1892. The road is operated only
to Sept. 15 of each year.
Leased in 1896 to Cape May
Transportation Co., J. Henry Edmunds, President, at annual rental of
from May 15
—
Date, interest. Outsta^iding.
Maturity.
Bonds
Stock
Stock paid in (par $50)
$150,000
150,000 Feb. 1, 1923
1st mort. ($150,0007... cur. 1893 (text) F-A
Interest was reduced to 5 per cent for 5 years from Feb. 1, 1896.
In 1894 and 1895 but one interest payment was m-ade by mutual consent of bondholders. Trustee is N. J. Trust & S. D. Co., Camden, N. J.
Road— Operates 6^4 miles in city of Cape May and extending to Cape
May Point and Sewell's Point; total track, 9^4 miles.
Earnings— For year ending Dec. 31, 1898, gross, $15,516; expenses,
$18,890; deficit, $3,374.
Officers—President, G. G. Browning; Secretary, John J. Burleigh;
Treasurer, Benj. C. Reeve. Ottlce, Camden, N. J.
CARBONDALE,
Population 1890 was 10,833;
and in 1870 was
PA.
in 1880
was
7,714:
6,393.
CARBONDALE TRACTION
CO.— A
trolley road,
In August, 1899, the Scranton Traction Co was reported to have
bought control
Organization- A consolidation on March
5, 1896, of the CarbonForest City Passenger Ry. and Carboudale Traction Co.
Date, interest. Outstand'g. Maturity.
Bonds—
Stock
$450,000
Stock auth., $450,000)
Ist M. ($500 & $1,000) c* & r. 5 1892 6 g J-J
H 150,000 July 1, 1922
($1 50,000) gold
Unt. at Cen. Trust Co. trustee, N. Y. City.
Carb. & Forest City Pass. Ist > , qoa a ,, t_t
<?00 000
6w,wy}
^1894 eg J-J
M. $300,000 gold c*
'98,
none. June 1, '26
July,
Consol.
1896 5 g.
$450,000, gold
11,933
Loans payable June 30, 1898
Of the consolidated mortgage bonds $150,000 are reserved to retire
the first mortgage bonds and $300,000 are, by the terms of the consolidation agreement, to be given in exchange for the $300,000 Carboudale & Forest City Passenger Railway bonds mentioned above.
Road— System Includes 15 miles of road, beginning at Forest City,
Pa., and running through Vaudling, Rlohmondale, Wilson Creek,
Simpson, Carbondale, Mayfleld, Jermyn, Arohbald to PeokvUle, where
It connects with Scranton lines.
Earnings— Year ending June 30, 1898, gross, $61,185; operating
expenses, $44,392; net, $16,793.
Officers— President, E. E. nendrlck Secretary andTreasurer, R. A.
Jadwin; Gen. Manager, C. E. Flynn. Main olBce, Carbondale, Pa.
dale
&
&
,
,
M
,
;
Cost of road and
O^^K'ERS- President, Wm. S. Scull; Vice-President, B. C. Reeve; SecSamuel T. Corliss; Treasurer, Q. G. Browning.— V. 62, p, 682.
5.
interest. Outstand'g.
Population 1890 was 2,136;
to that date, $1,098,946.
retary,
track,
Date,
M-N
;
trolley road.
Miles.
$525,000 ($100)
$525,000
Canton Street Ry. Ist 5
5
6
225,000
currency
\ Interest at National Bank of Commerce, Boston.
Canton-Massillon lst5 I312 1893 6 g. M-N $118,000 Nov. 1, 1912
M., $300,000, g...cunterest at Cent. Trust Co. (trustee), N. Y. City.
Bonds—The Canton-MassiUon mortgage is a first lien on the interurban and the Massillon divisions. Neither issue is subject to call.
Road— Company In Jan., 1899, owned street railway In the cities
of Canton and Massillon and an interurban line between, connecting
them. Total track reported as 21 miles. Rails 40 to 60 lb., being
girder in the cities and T rails on the Interurban division.
Officers— President and Treasurer, Wm. A. Lynch, Canton, O.
St'k,
&
RAILWAY.
Stockpaidiu
CANTON-MASSILLON ELECTRIC RAIL-
WAY.—A trolley road.
$7,500.
J.
1880 was 41,659;
POPnLATlON 1890 WAS
AND IN 1870 WAS 20.045.
58,313; in
O.
CATSKILL,
was 4,320.
RY-Charteredln 1896. Owns
Population in 1890 was 4,920;
CATSKILL ELECTRIC
N. Y.
in 1880
in Catskill village two miles In length. Stock,
.$30,000, authorized by RR. Commissions in Aug., 1898, to be increased
to .$400,000, and a certificate to that effect H'ed May 2, 1899. Company In 1899 also filed a mortgage for $400,000 to the Hamilton Trust
Co. of Brooklyn as trustee to secure an Issue of 5 per cent bonds.
Road is to be extended from Catskill to Windham, Cairo, and other
villages In Greene and adjacent counties, making a line 16 miles long.
and operates a road
Secretary, D.
President, Louis E. Robert, 290 Hall Street, Brooklyn
C. Wood, Hoboken, N. J.— V. 68, p. 870.
;
W. Sharpe Treasurer, W.
;
;
STKELT KAILWAYS
24
CEDAR RAPIDS,
Annual Report.— For year ending
lOAA^A.
net, $27,705
Population in 1890 nvas 18,020; in 1880 was 10,104
and in 1870 was 5.940.
Stock
&
Bonds—
$316,000
Stock
250,000 July 1, 1931
{13-84 1891 5J-J
iatM«o.SOOOO«1000o
,0000.
IstM. $250,000*1
J jjj^ ^^ American Loan & Tr.. Trustee, BostOE.
Road— Owns road In operation 12-04 miles in length, extending from
Cedar Rapids, Iowa, to Marion second track, 1-46 sidings, -34 total
of all, 13-84 miles. Rails 45 and 58-lb. T and eirder.
Officers—President, P. E. Hail; Vice-President, W. D. Douglass;
;
;
S.
ILL.
POPULATION 1890 WAS
6,619; IN 1880
AlVD IN 1870 WAS 4.625.
was
May 1, 1899, to a syndicate represented by
McKinley, of Champaign, who originally owned the road. Stock
increased in July, 1899, from $250,000 to $500,000.
Organization— A consolidation in 1897 of Urbana & Champaign
Electric St., Cham. Elec. L. & P., Cham. & U. Gas L. & Coke and West
End Park Co. Population of Champaign in 1896 was said to be 10,000
of Urbana, 7,000.
This property was sold
B.
&
Bonds—
Dale, interest. Ontstand'g. Maturity.
$500,000
Stock $500,000
1897 5g. J-D
June 1,1917
(?)
O. & U. Ry. G.& E. M.,$250,->
000, g., s. f., $8,000 yr. June Vint, at 111. Tr. & Sav'gs Bank, Chicago,
trus., or at Chase Nat. Bk., N. Y. City.
1. 1900 and after ($1,000) .c* )
Road— Operates 9 miles of track.—V. 69, p. 232.
CHARLESTON,
S. C.
Population 1890 mas 54,955; in 1880 was 49,984;
AND in 1870 WAS 48,956.
CHARLESTON CONSOLIDATED RY GAS
•
& ELECTRIC CO.-
Organization- OrganizedFebruary 1, 1899, as a consolidation ot
the Charleston City Ry. and Charleston & Seashore RR. under Special
Act of South Carolina Legislature, granting a perpetual charter and
gas and electric-light powers. Also owns the capital stock of the
Charleston Gas- Light Co. ($698,150), and the Charleston-Edison Light
& Power Co. ($100,000), and thus controls the whole field of light and
transportation in Charleston. In Apiil, 1899, bought for $25,000 the
Sullivan's Island Ferry Co.
capital stock of the Mount Pleasant
and for $4,000 the franchise of the MidfUe Street Railway. The following are the only securities on the property.
Date, interest. Ontstand'g.
Maturity.
Bonds—
Stock
$1,500,000
Stock, $1,500,000, par $50
Charleston City Ist mort.
750,000 Jan. 1, 1923
($1,000), $850,000, g'd.c. 1898 5 g. J-J
&
&
Int. at Mercantile Tr. &Dep. Co., Bait., trustee.
for $100,000 reserved for extensions and improvements.
1899 f^ g. M-S
1,650,000 Mar. 1, 1999
Consol. M., g., $2,500,000,
Int. at Salt. Trust
Guar. Co., Trustee.
coupon
)
Tax
free.
Bonds
<,
;
J. L.
E. D. Latta; Vice-President, E. B. Springs;
- V.
64, p. 329, 384; V. 66, p. 384.
Chamber?.
CHATTANOOGA, TENN.
Population 1890 was 29,100 in 1880 was 12,892
AND IN 1870 was 6,093.
;
CHATTANOOGA ELECTRIC RAIL^WAY CO.
Organization- Successor, 1896, of Chatt. Electric Ry. foreclosed.
In August, 18^9, several parties were reported to be negotiating for
the control of this road, with the view to the general consolidation of
the electric roads and inclines in Chattanooga.
Date, interest. Outstand'g. Maturity.
Stock
Bonds—
Stock authorized, $645,000
$645,000
Istcon. M., $625,000, gold, ; 1898 5g J-J $576,000 Jan. 1, 1919
not subject to call
c* 5 Int. at Maryland Tr. Co., Bait, Trustee.
Bonds— Of the consol. 5s, $26,000 were immediately issued, $550,.
000 have been issued to refund the entire funded debt, bearing 6 per
cent interest and $49,000 reserved for improvements. -V. 67. p. 1206.
Road— Has 32 miles of track on 25 miles of street. In 1899 decided
to build an extension of 4 miles to Sherman Heights.
Officers Cciec<edX)ec., 1897>— President and Treas., J. H.Warner;
Vice-Pres. and Sec, Edwin Warner, Nashville, Tenn.— V. 67, p. 1206;
&
5,103;
URBANA & CHAMPAION RAIL'WAY CAS
& ELECTRIC CO.-
Stock
Officers— President,
Secretary
;
Ely.
CHAMPAIGN,
Dec. 31, 1898, gross, $53,664;
balance, surplus for year,
interest charges, $6,000
Interest.
Miles.
Secretary and Treasurer, Jolin
;
$21,764.
MARION CITY RY-CEDAR RAPIDS & Dale.
Oulsland'g. Maturity.
W.
;
&
Holders can also collect coupons from consols at Carolina Savings
Bank, Charleston, if presented before the 10th of the month.
Bonds— Of the consol. 5s, $850,000 will be reserved to retire the
$850,000 City Ry. 1st 5s, of which $100,000 in February, 1899, still
remained in the hands of the trustee to be issued for betterments.
The remaining $1,650,000, sold to the Bait Trust &. Guar. Co., were
offered by the latter in Feb., 1899. In Feb., 1899, it was stated that
the net earnings of the constituent companies would be more than
enough to pay the interest on all the bonds outstanding and leave a net
surplus of between 4 and 5 percent on the $1,500,000 stock.
Earnings— Five months ending July 31, gross, $196,823; net,
V. 69, p. 78, 178.
CHATTANOOGA & LOOKOUT MT.RR.-Steam.
It is reported to have been acquired by a syndicate to be consolidated
with other Chattanooga roads.
Organization— A reorganization of the Chat. & L. M.Ry. Operated
by and in connection with the Lookout Incline & Lula Lake Ry., operating a cable road from Chattanooga to the top of Lookout Mountain,
88 miles. No stock or bonds had been issued to Jan. 1, 18i9.
Road.— 15 miles of track. Extensions proposed to Rock City &
Lula Lake, 6 miles. That portion of the road on the summit of the
mountain is to be equipped with electricity. In Feb., 1899, extensive
10 miles to Durham, Ga., coal fields, reported to be proposed
Officers-- President, J. T. Crass; Auditor, Wm. A. Bird.
CHATTANOOGA RAPID
TRANSIT.-TroUey.
In August, 1899, a syndicate was reported planning a consolidation
of this road with other Chattanooga roads.
Organization.— Chartered in 1897. In March, 1898, leased from
the Belt Ry. the exclusive right for 45 years to conduct passenger,
mail and express traffic on 14 miles of the latter's lines, but in AprU.,
1899, new lease made covering only maU and express business.
In Dec, 1898, new power house was completed and improvements
and new equipment to cost about $50,000 contemplated during 18y9.
Stock
&
Bonds—
Date,
Stock, $200,000 (par $10'^)
Ist Mort., $200,000, gold J
($1,000 each)
interest.
Otitstanditig.
Maturity.
$200,000
1898
I
6
g.
Inc. at Cit.
J-J
Bk.
& Tr.
(?)
Co., Chatt., trustee.
Road.— On May 1, 1899, owned 1 mile of road; leased 14 miles; total
operated, 15 miles. Extension of five miles to Chickamauga Park
(under privilege granted by Congress), begun May 1, 1899, and this
was expected to be ready the present summer.
Officers.— President, S. W. Divine; Vice-President, G. W. Davenport; Secretary, W. B. Royster.
SIGNAL MOUNTAIN RAILAVAY&
ORGANIZATION— Successor to Chattanooga North Side Street Ry.,
sold in foreclosure June 24, 1896, for $8,100. Capital stock is $500,000. No bonds. Owns Z^ miles main track and 1 mQe sidings; leases
North Chattanooga St. Car Co., 2^2 miles main track and % mile sidings;
total track, including sidings,
7%
miles.
Pres.
and Treas., John Orr.
$75,564.
Road— Owns 40 miles of electric road, of which 30 miles in
Charleston and 10 miles from Mt. Pleasant (connecting by ferry with
Charleston) to Sullivan's Island and Isle of Palms, a pleasure resort
on the Atlantic coast, including land at Isle of Palms, ferry, etc.
Officers— President, Francis K. Carey, Baltimore; Vice-President,
Secretary and Treasurer, J. Bannister
Philip H. Gadsen, Charleston
Hall, Baltimore. Offices to be in Equitable Building, Baltimore, Md.
;
—V.
CHESTER, PA.
1890 was 20,226; in 1880 was 14,997;
AND IN 1870 was 9,485.
For Chester Traction see under "United Power <fe Transportations
at end of Philadelphia.
Population
CHICAGO,
68, p. 186, 230.
CHARLESTON CITY RY .-30 mUes of
electric road.
In February, 1899, merged in the Charlestoa Consolidated Ry. Gas
&
Electric Co., which see above.— V. 68, p. 230.
Ten miles of road. In February, 1899, merged
Con. Ry. Gas & Eleo. Co., which see above.— V. 68,
CHARLOTTE,
in
CO. -A trolley road.
N. C.
1880 was 7,094;
4,473.
CHARLOTTE ELECTRIC
PO"WER
in the Charleston
p. 230.
RY.,
ILL.
Population 1890 was 1,099,850; in 1880 was 503,185;
AND IN 1870 was 306,605.
AURORA V/HEATON
WAY.— To be a trolley road.
CHARLESTON & SEASHORE RAILROAD.-
Population 1890 was 11,557;
and in 1870 was
in
& CHICAGO RAIL-
in 1899 to build from Chicago to
Stock authorized, $1,500,000. In A jr.,
1899, private right of way was being secured and construction was
expected to begin in a tew months.
Officers— President, B. Mahler, Cleveland, C; Treasurer, M. J.
Mandelbaum, 1019 Garfield B'ld'g, Cleveland, O.; Secretary, Edward
Dickinson, Chicago. Office, Chicago Title & Trust B'ld'g, Chicago, 111.
Organization— Incorporated
Aurora,
ni., via
Wheaton,
111.
ELECTRIC
CALUMET
LIGHT & WA.Y.—
A trolley road.
Organization— Successor to the Charlotte Street Railway, whose
charter was amended in March, 1895, and name changed as above.
The road is operated by the Charlotte Consolidated Construction Co.,
which owns all the bonds. Population in 1896 is reported to be 20,700.
Miles. Date, interest. Ontstand'g.
Maturity.
Stock & Bonds—
$60,000 f. p
Stock, par$50
100,000 Jan. 1, 1922
Char. St. Ry. 1st M., gold. .. 1892 6g. J-J
Interest at Mercantile Trust <fe Deposit Co. of Baltimore, Md., trustee.
The bonds are not subject to call before maturity.
Road— In 1898 was operating 4''8 miles of track. Extension of system and double-tracking on the main street.
STREET RAIL-
to the National Bank of
in liquidation, (which holds $483,500 of the stock and
$2,944,000 of the 58 of 1894) and a receiver was appointed. Receiver,
Gen. McNulta; in May, 1898, was authorized to expend $60,000 in
improvements, and in Aiuil, 1899, received authority to issue $850,-
Receiver— iu May, 1897, control passed
Illinois,
now
certificates, bearing 5 per cent interest, in part to pay off an
indebtedness of $368,200, the rest for improvements. But in July
Gen. McNulta, as receiver of the bank, was authorized to advance out
of the funds of the bank the amount necessary to pay up the indebtedness of the railway; another order was made allowing the receiver to
take up all the receiver's certificates heretofore issued.
000 more
STREET RAILWAYS.
Stock
&
Bonds—
Date.
Interest.
Ontstand'g. Last div,,
Receivers' certificates. .. 1897 8 6p. c.
Do. (autli'rlzed $850,000) 18P9
5 p. c.
(?)
51,000 Sept. 1,1912
Ist M., gold, red. at 110. 1892
6g. M-S
M-N
2,949,000
Nov.
1, 1909
Cous.mort. ($3,000,000). 1894 5 g.
Default— Interest due May 1, 1897, on 58 of 1894 was not paid.
Road— Operates a road, mostly doubled- tracked, embracing in all 72
mUes of track o\med and 5 miles leased. This road connects with
Cottage Grove Avenue Cable, Alley Elevated and Illinois Central, and
reaches South C hlcago, Pullman, West Pullman, Auburn Park, Burn
side and Manhattan Beach. 78-lb. rails.
Earnings— 7 months ending Dec. 31, 1898, gross, $128,030; operating expenses, $114,358; surplus, $13,672.
Directors.—President, John Farson; Secretary and Treas., H. B.
White.— V. 67, p. 1002; V. 68, p. 1074.
CHICAGO CITY R.Y.—Horse, and
ORQANIZATION-Incorporatedln February, 1859, and has extensive
cable
electric road.
surface road privileges in the south division of Chicago. In Feb., 1898,
the Chicago City Ry. Rapid Transit Co. was incorporated with a capital of $1 .000,000, to build an elevated road in Dearborn Street from
the heart of the city to Thirty -ninth Street, to be used as a trunk line in
bringing in the City Railway Company's trolley cars. In June, 1898,
It was reported that the General Electric Ry. had been purchased for
$9.=iO,000. V. 66, p. 1188.
interest.
Outstanding. Last div., d-c.
Dale,
Stock
Bonds—
Stock ($100) (see text)
text,Q-M.31 $13,000,000 June30,'99,3%
Gen. M. $6,000,000 >
( Subject to call
($100) ($500) ($1000) >
1887 41^ J. - J.
4,619,500^ on 60 days
4*2, currency
notice.
o* ) Trustee, C. L. Hutchinson.
(.
Stock— Amount of stock was placed at 100,000 shares of $100
each, with right to increase the same at pleasure of the company.
January, 1896, $2,000,000 additional stock was authorized for building
new electric lines, making total stock $12,000,000; of this, $1,000,000
Issued July 2 and $1,000,000 on Oct. 2, 1896. See V. 62, p, 183. In
Jan., 1898, it was voted to increase the stock to $14,000,000 to pay
for the General Electric Ry. and provide for improvements. V. 66, p.
11*8, 1236.
Of the $2,000,00 J new stock, $1,000,000 allotted to
stockholders at par in proportion to their holdings was Issued July
1,1899. V. 68, p. 231, 1131.
Bonds—The bonds outstanding are of the denomination of $100,
$500 and $1,000 each and are secured by a general mortgage executed in 1887. The mortgage is limited to $6,000,000 and the bonds
are due July 1, 1901, but subject to call any time on 60 days' notice.
Dividends— Usually 12 per cent, were in 1893, 24 per cent; in 1894, 12
p. c; 1895, 15 p. c; in 1896, 12p. c; in 1897, 12 p. c; in 1898, Mar., 3 p.c;
June, 3 p. c; Sept., 3 p. c; Dec, 3 p. c; in 1899, Mar., 3 p. c; June,
3 p. 0.
Road— On Jan. 1, 189"^, company operated 197 miles of track, viz.:
Cable road, 35 miles; electric, 157 miles; horse, 5 miles.
Annual Report— Fiscal year ends Dec. 31. Report for 1898 was it
V. 68, p. 127, and gave earnings, etc., as follows
Tear ending Dec. 31—
1898.
1897.
1896.
Gross earnings
$4,832,806
$4,816,516
$4,808,867
Op. expen. and taxes.
2,926,490
2,908,982
2,977,209
P. c. op. ex. to earns..
(61-96)
(60-97)
(60-84)
&
.
:
Net earnings
$1,906,316
$207,877
90,000
Interest on bonds
Reconstruction
Dividends
Ba lance,
Tl
$1,907,534
$207,877
50,000
$1,831,658
$207,877
11181,568
(12p.c.)l,440,000(12p.c.)l,440,000(12p.c.)l,289,787
surplus.
$209,657
$168,439
Includes in 1896 depreciation and
new
$152,426
rails.
NET EARNINGS FOR 9 YEARS.
$1,906316 1895
$1,669,098 1892
$1,591,510
1,907,534 1894
1,425,934 1891
1,338,882
1,831,658 1893
2,637.949 1890
1,139,897
Officers— President, David G. Hamilton
First Vice-President,
Joseph Leiter; Treasurer, T. C. Peuington Secretary, F. R. Greene.
Directors— (Jan. '99) Samuel W. AUerton, Joseph Leiter, D. G.
Hamilton, George H. Wheeler, Wm. B. Walker, George T. Smith. M. K.
Bowen; the latter subsequently died and was succeeded by Arthur
Orr.— V, 67, p. 1206.1308; V. 68, p. 86, 127, 129,231,725, 1131.
1898
1897
1896
;
;
CHICAGO CITY RAILV/AY TRANSIT
Railway
CO.-
See Chicago City
CHICAGO CONSOLIDATED TRACTIONElectrlc roads.
Organization -in Feb., 1899, was organized to unite the suburban
leased lines of the North Chicago and West Chicago systems.
It
acquired the stock of the following mads (V. 68, p. 769), and will it.self,
It Is thought, be eventually controlled by the Chicago Union Traction
Company.— V. 68, p. 976.
-— Trac. Stk. Iss. Therefor.^
Stock
Oulstand'g.
Hate.
Amount.
Name.
%
$
?50
3,750,000
175
3,500,0(J0
Leased to North Chicago Electric.
200
1,500,000
3,000,000
$
Chicago Electric Transit
North Chicago Electric
Chicago North Shore St. Ry
North Side Electric
1,500,000
2,000,000
Evanston Electric
1,0(^0,000
2,.500,000
.50
500,000
62
Ogden Street Railway
2,000,000
Chic. & Jefferson Urban Transit 2,000,000
1,.5.50,000
^b
55
1,100,000
1,100,000
Cicero
&
Proviso.
GENERAL BALANCE SHEET
<£o.
$500,000
195,000 Red. at option
Btock ($100) (see text)...
11,500,000
12,500,000
In addition, $500,000 of Chicago Con.solidated Traction stock was
sold for cash, making with the foregoing the full total of $1.">,00(),000
stock outstanding.
Stock is listed on the New York Stock l^xchiinge.
Registrar in Now York is Central Tnist Company; In Chicago,
Equitable Trust Company.
Stocks and Bonds.— stock is $15,000,000. Company has no mortgage indebtedness, but assumes the bonds of the constituent companies, and the lease of the Chicago & Nonh 'bore. It has agreed to
guarantee the bonds of the subsidiary companies.
25
FEB. 27, 189?.
Liabilities
Construction, &c
$20,953,465
Real estate.
13.313
Material A supplies.
3,996
Cash in bank
286,779
Bills & accounts reo
73,066
Suspense accounts ...
8,948
Chic. Nor. She. St. Ry.
Co.les.(acct. paving)
10,285
.
.
—
Capital Htock
$1 5,000,000
Ist M.6 per cent bonds
4,357,000
Cons. 5 p. c. bonds C. &
P. Street Rv
1,078,000
Stock of C. N. S. Street
Ry- (6 p. c. guar)
650,000
Accounts nayable...
59,603
.
Bills
payable
Unpaid coupons
Accrued coupon
12,485
1,860
65,560
int...
Accr'd
r'nt'l of leased
rds.(C. N.S.St. Ry.Co)
Employes' deposits....
10,125
2,930
11,070
Deferred paving
Unearned advertising
240
Surplus
$21,349,852
Total
100,979
Total...
$21,349,852
Earnings. —Earnings of the constitutent companies for the year
ending December 31, 1898, are reported as follows: Gross, $1,026,
780; net. $406,292; fixed charges, 337,458; balance, surplus, $68,834.
Road.— The property embraced in the constituent companies consists of 206 miles of single track electric street railway, located in the
City of Chicago, the township of Cicero, and the City of Evanston, all
in Cook County. The lines extend over the entire north, northwest,
west and southwest sections of the City of Chicago and connect at
their respective terminal points with the lines of the North and West
Chicago Street RR. systems, over which passengers are carried origflnating on the lines of the Consolidated Traction and vice versa.
Rails are Jolmstonglrder, 75 to 85 lbs.; gauge 4 ft. S^u in.
Equipment.—Motor cars, 269; trailer ears, 62; motor equipment
208.
Officers AND Directors.— President, Charles T.Yerkes; Vice-President, L. S. Owsley; Secretary and Treasurer, C. F. Marlow. Directors
—John R. Walsh, Charles T. Yerkes, B. B. Lamb, H. G. Foreman, and
irvey T. Weeks. Transfer and General Offices.— b^ Wall Street, New
York, and 617 Royal Insurance Building, Chicago.— V. 68, p. 86, 330,
H
472. 722, 769, 976.
Roads oivned or controlled by Chicago Consolidated
Traction
*
o.
(1) CHICAGO ELECTRIC TRANSIT— Acquired Feb., 1899, by tho
Chicago Consolidated Traction Company, which gave $250 of its stock
for $100 of the stock of the Chicago Electric Transit.
Date, interest. Outstandna.
Maturity.
Bonds—
Stock
$1,500,000
Stock
l8tM.,gu.seetext,noopt'n 1894
6 F-A
1,097,000 Aug. 1, 1914
Interest is payable at offlce of trustee, the Illinois Tr. & Savings Bank.
Bonds—T\ie mortgage provides for the issue of $2,000,000 bonds at
not exceeding the cost of improvements, extensions, etc., and for
additional bonds at not above 75 per cent such cost. Of the $1,097,000
issued, $842,000 are guaranteed by the West Chicago Street RR. and
$255,000 by the North Chicago Street RR. The Consolidated Traction
has also filed certificates guaranteeing the bonds.
Road— Owns 35-71 miles of track on 17-85 miles oif street a doubletracked paved electric road on Elston Avenue and Belmont Avenue^
Irving Park Boulevard and Crawford Avenue.
&
—
(2) CHICAGO & JEFFERSON URBAN TRANSIT— Stock held by
Chicago Consolidated Traction Company, which in Feb., 1899, gave
$55 per $100 for it in its stock.
Maturity.
Date, interest. Outstanding
Stock & Bonds.
....
$2,000,000
Stock $2,000,000
6 M-N
208,000 Nov. 1, 1915
1st M., guar. p.andi.,West? 1895
Chic. St. Ry.,see text... 5 Interest at Chicago olfice.
The first mortgage is for $2,000,000, but additional bonds may be
issued for extensions, etc. Trustee, Illinois Trust & Savings Bank.
Chicago Consolidated Traction has also agreed to guarantee the bonds.
Road— Owns 7-7 miles of track on Fulton, Morgan and Monrofr
streets. In Sept., 1898, applied for a 50-year franchise for extension
on Grand Avenue, from Armitage Avenue to western city limits.
.
(3) CICERO & PROVISO STREET RY.— Stock was exchanged in
February, 1899, for that of the Chicago Consolidated Traction, the
lalter paying 62 for it in its stock.
Organization-Was formerly leased to the West Chicago Street RR.,
which company guaranteed the bonds.— V. 64, p. 176. Consolidated
Traction lias also agreed to guarantee the bonds.
Maturity^
Outstanding.
interest.
Stock & Bonds.
Capital stock (par $100)
$2,500,000
Nov.'i",'i90'i
84,000
1st mortgage, 1889
^S'-
A
Chic!' end.
6M&N
^S,M &
000 Ku'' W' \ ^°*'^*
3
N
May 1. 1915
^ SaVgs Bank, trustee.
Loan & Ti^st Co., N. Y. City.
1,901,000
^* ^"- '^^"^*
on 1st mortgage at Farmers'
Botids— Consols of 1895 are reserved to retire the outstanding firsts
and $500,000 for improvements at not exceeding 75 per cent thereof.
Road— Operates 3766 miles of track, from West 40th St. and W.
Madison St. through Moreland, Austin, Maywood, etc.— V. 63, p. 1062.
Interest
(4) OGDEN STREET RY.— A trolley road. Chicago Consolidated
Traction owns the stock having paid 55 per share for it in Its stock.
Organization— Incorporated Oct. 1, 1891, and secured franchisee
covering about 24 miles of street in Chicago, Cicero and Lyons, passing the towns of Hawthorne, Morton Park, Clyde, La Vergne, Berwyn,
and Riverside. Formerly leased to West Chicago Street Railway.
Outstanding. Maturity.
interest.
Stock
Bonds— Date.
Stock, $'J,000,000($100)
$2,000,000
1st .M ($1,500.000.... > 1896
750,000 May 1,1916
6M-N
gu.p&i,W. Chicend. J Trustee Is Illinois Trust <& Savings Bank.
The supplemental mortgage, executed Jan. 22, 1898, limits the issue
of bonds to $1,.500,000. In January, 1898, $750,000 1st 69 were out-
&
standing, and the remaining $75'>,000 held by the trustee, are to be
issued for 75 per cent of the cost of now construction.— V. 66, p. 472.
Chicago Consolidated Traction has agreed to guarantee the bonds.
Road— Ow ns
34ia miles of track.— V. 62, p. 779; V. 66, p. 135.
—
o
.
STREET RAILTV AYS.
26
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STREET RAILWAYS
EVANSTON ELECTRIC RAILWAY.—
(5)
Organization— Oraanized in 1896 and operated iu connectiou with
North Chicago Electric RR. Iu Feb.. 1899, when Chicago Consolidated Traction was formed stock of the latter was exchanged for that
of the Evanston Electric, on the basis of $50 for $100. Road runs
from Emerson and Sherman avenues to Wilmette, 2% miles (double
Mortgage is for $1,000,000 for 6 per cent
currency bonds maturing Aug. 1, 1916; issued $300,000,
guaranteed by the North Chicago Street Railroad. The Chicago Consolidated Traction also agrees to guarantee the bonds.— V. 63, p. 504.
Stock, $1,000,000.
track).
(int.
F.
& A.)
(6) NORTH SIDE ELECTRIC STREET RAILWAY.— A trolley road.
Stock acquired by the Chicago Consolidated Traction in Feb., 1899,
the basis being $200 for $100.
interest. Outstanding.
Maturity.
Date.
Stock
Bonds—
Stock, $1,500,000
$1,500,000
Ist M. cur., gu. p. & i ) 1895
6 M-N
155,000 Nov. 1, 1915
(end.) by No.Ch.St.RR. S Trustee, Illinois Trusts Savings Bk Chicago.
Interest Is payable at Chicago ollice or the fiscal agency. The first
mortgage provides for the issue up to $1,500,000 at not exceeding the
cost of oonstr action; further bonds can be issued at 75 per cent of
cost of extensions and improvements. (See guarantee V. 62, p. 414.)
Consolidated Traction has also agreed to give guaranty.
Road— Runs from Southport Ave. and Clark Street south to Harrison
Street, in all 6-58 miles of single track.— V. 62, p. 233. 414.
&
,
(7)
NORTH CHICAGO ELECTRIC RY.— Trolley road.
by the Chicago Consolidated Traction, which gave 175
Stock owned
for
it
in its
stock.
Organization, Etc.— Leases Chicago North Shore St. Ry., and
guarantees interest and dividends. Lease assumed by Chicago Consolidated Traction.
Stock
Stock
&
Date,
Bonds.
interest.
Outsland'g.
Maturity.
;...
$2,000,000
868,000 Aug. 1, 1914
5 Int. at Illinois Trust (trustee), Chicago.
The bonds are guaranteed, $688,000 by North Chicago, $180,000 by
West Chicago Street RR. Consolidated Traction has also e greed to
guarantee them.
Earnings— For year ending Deo. 31, 1898, gross, $330,267; net,
$161,987; charges, $123,363 balance surplus for year, $38,624. In
1897, gross, .$314,291; net,$153,621; charges $108,225. Company has
no power plant. In 1896 carried 6,189,000 passengers, against 4,267,493 in 1895.
Road Owns double track, paved, electric road on Lincoln Avenue,
from the terminus of the North Chicago Street Ry. Co.'s cable Une at
Lincoln and Wrightwood Avenues to North 59th Street; also on Milwaukee Avenue, from the terminus of the West Chicago Street Ry.
Co.'scablelineat Armitage Ave. to Lawrence Ave., 6'75 miles in length;
Robey St. line, 4-09 miles I/aurence Ave. line, 10'47 miles; Montrose
Boulevard line, 9 15 miles.— V. 65, p. 925; V. 68, p. 725.
1st M., $1,000,000 (not subject to call), gu. p. Ai.end.
)
1894 6
F-A
;
—
;
(8)
CHICAGO NORTH SHORE STREET RY.-
Organization— Leased in 1894 for 50 years to North Chicago Electric Ry. Lease assumed by Chicago Consolidated Traction.
Date. Interest.
Oulstand'g. Last div., etc.
Stock & Bonds—
Capital stock, 6 p.c.guar
6 Q.— J. $650,000
6g. A-O
675,000
Apr. 1, 1912
Subj. to call at 105 any Apr. 1 after 1905
The bonds guaranteed by endorsement by the North Chicago Electric
Railway, and the stock guaranteed 6 per cent per annum by the same
1st M., $1,500,000, g.,
guar. p. & i. (end) .c*
>
1894
<
company, are
on the Chicago Stock Exchange.
New York by Chase Nat. Bank and in Chicago at
Illinois Trust & Savings Bank, Ti-ustee.
Road -Owns 712 miles double track; trackage No. Chic. St. RR. l^a
listed
Interest is paid in
miles; total track operated 18 miles. President, J. L. Cochran; VioePrest., L. S. Owsley; Secy, and Treas., Howard Abel.
CHICAOO ELECTRIC TRACTION-Storagebat'y,
History.— Successor in Jan., 1898, to Englewood & Chicago Electric
Ry., foreclosed per plan in V. 65, p. 728.
Date, interest. Authorized.
New Securities—
Matiirxty.
Stock to be held 5 years
„„„ ^„„
a,„
*.i,ooo,ooo
voting trust
\
Ist mort., subject to call ^
1899 5g. J-J
500,000 Jan. 1, 1929
at 105, gold (,<ee text)
Manhattan Trust Co., N. Y., & J. Kean, trus-
m
Consol. mort. incomes
1899
5 A-O
2,000.000 Jan. 1, 1929
for 5 years
The holders of each of the old first mortgage bonds ($960,000)
recognized as valid received in exchange per $1,000 bond, if subscribing $300 In cash First mortgage bonds, $300 consolidated mortgage, $1,000; stock, $2,000. Both mortgages may be increased to any
amount desired for new property, not In excess of $40,000 per mile
for first mortgage.- v. 68, p. 231.
Ear.vings.— Calendar year 1898, gross, $61,238 operating expenses, $53,204 net, $8,034.
Road— In Feb., 1899, 23 miles of track were in operation— from 63d
St. to Blue Island.
Cars began running Jan. 19, 1897.
In Feb.,
1899, had acquired 2 miles of old horse car track in the town of Harvey
and let contracts for an extension, including 8 miles of track, from
Blue Island to Harvey, and 5 miles were completed on July 5, 1899.
—V. 68, p. 231.
Officers— President, Isaac L. Rice, New York; Vice-PresidentHofl'man Atkinson, New York; Treasurer, J. S. Bache, New York
Secretary, E. R. Gilbert, Chicago, 111.— V. 67, p. 1002 V. 68, p. 231.
:
;
;
;
;
CHICAGO & FOX LAKE ELECTRIC RY-Obganization.— Incorporated in 1898 to build a road between Chicago and Fox Lake, 51 miles, of which 25 miles to be operated by electricity. At some point north of the city the passengers or cars will
be transferred and enter the city over one of the present lines of
steam railroad. Both passengers and freight will be carried.
Stock
&
Bonds—
Stock
let mortgage, dated)
Jan. 2, 1899
5
Date.
interest.
Oulstandina.
Maturity.
(1)
1899
6
Jan. 2, 1919
J-J
(?)
Cleveland Trust and Royal Trust Co., Trustees
27
Road.— Fox Lake, 111., to Lake Michigan, 25 miles, under construction in Feb., 1899, and expected to be completed during 1899. All
right of way had then been secured.
Officeks.— President, 8. P. Leland ; Secretary, R. E. Taylor Treasurer, E. C. Weeks; Manager, J. Woolridge.— V. 68, p. 186.
;
CHICAGO & MILWAUKEE ELECTRIC
—A trolley road.
RY.
(See Map, p. HO.)
Organization- Successor by purchase to Blufl'City Electric St. Ry.
operating 4 miles between Waukegan and North Chicago, and extended the road as shown below.
interest.
Oiitstand'g.
Maturity.
Stock
Bonds— Date.
Stock, $1,000,000
$1,000,000
1,000,000 July 1 1919
0.(1899
5g. J.-J.
l^tM <t!l500 000 ^'
^ Int- a* ^11. Tr. & Sav. Bank. Chicago, Trustee.
/Vi Hnn eacii)
kcw.V.i «
(»i,uuu
c
^ Clevel'd Trust Co. and Royal Trust Co., trustees.
Of the $1,500,000 bonds authorized, $500,000 are held in reserve
and can be used only to cover 75 per cent of the cost of extenslona
and improvements. V. 69, p. 178.
Road— Length, 30 miles. Entire line, from Waukegan to Evanston,
was opened in August,1899. By arrangement with the Chicago Milwaukee & St. Paul, giving the use of the piece of road between Evanston and the Union Depot in Chicago, the company will run through
trains from Chicago to Wiiuke^an. A large portion of road is built on
private right of way and there are no steam or electric crossings on
the entire line.— See description of road in V. 67, p. 900.
Officers— President. George A.Bali; Vice-President, A. C.Frost,
Treasurer, J, W. Mauck; Secretary, George M. Seward.— V. 67, p. 900;
V. 69, p. 129, 178, 384.
&
,
'
CHICAGO GENERAL
RY.-An electric road.
Organization— Incorporated October 21, 1893, for 50 years. The
West & South Towns St. Ry. (formerly leased) was purchased in May,
1896, and consolidated. Bonds ($500 and $1,000 each) authorized
$3,000,000, reduced from $10,000,000 in Dec, 1896.— V. 63, p. 1114.
Date, int., Etc. Outstand'g. Maturity, etc.
Stock & Bonds—
St'k,
$10.000.000(par$100)
5g.M-N
$500,000
970,000
Nov. 1,1935
Merchants' Loan & Tr. Co., Cbicago.
164,000 Aug., '02-12
W.&S.Town8,lstM.,g...
16 1892 6g. F-A
The mortgage trustee is the Northern Tvu.st Company of Chicago.
Road— In Feb., 1899, owned 20 13 miles of track and leased trackage 512 miles extends from Lake Michigan along 22d St., etc.
Earnings— For year ending Dec. 31, 1898, gross, $119,738; net, $60,166; fixed charges, $55,202 bal., surplus for year, $4,964.
Officers.— President, (February, 1899), John H. Witbeck; Secretary, Joshua I. Jones Treasurer, Lawton C. Bonney.— V. 66, p. 133.
M., $3,000,000, g.
Red.aft.lO yrs.at 105
1895
Ist
5
Trus.
is
;
;
;
CHICAGO & SOUTH SIDE RAPID TRANSIT
RR.— ("ALLEY ELEVATED")— See
Sodth Side Elevated.
CHICAGO UNION TRACTION-ORGANIZATION.— Incorporated in Illinois June 3, 1899, by the EIkius-Widener- Whitney .syndicate and purchased for $10,000,000 cash
the holdings of stock of Chas. T. Yerkes in the West Chicago and
North Chicago roads. These holdings, it is understood, consisted of
$3,200,000 West Chicago stock and $2,000,000 North Chicago stock.
Subsequently the two systems were leased, the West Chicago for a
yearly rental equal to 6 per cent on the stock and the North Chicago
for a rental equal to 12 per cent 01; the stock, the leases being dated
June 1, 1899, The Union Traction Company's holdings of stock of the
two roads are to remain in trust "for all time" as security for the
leases.— See V. 68, p. 1131.
Stock and Bonds.—The $12,000,000 preferred .stock was subscribed for at par, a bonus of 50 per cent, however, being given in
common stock.-V. 68, p. 1225. There was thus $2,000,000 cash left
after the payment of $10,000,000 to Mr. Yerkes, and this .$2,000,000
ia to be spent for improvements and extensions of the lines acquired.
Date. Rate. Outstanding. Divid's$20,000,000
Stock, com.. $20,000,000, par $100
12,000,000
Pref. 5 p. c, 12,000,000, par 100
Officers.— President, Jesse Si)alding, Chicago; Vice-Presidents,.
W. H. Wilson, Chicago, and R. A. C. Smith, New York Secretary, J.
Manager, John M.
Treasurer, James H. Eckles
Charles Moore
Roach; Directors. William L. Elkins, Phil.; P. A. B. Widener, Phil.;
H. B. Hollins and R. A. C. Smith, New York; C.K. G. Billings, Charles
L. Hutchinson, William Dickinson, W. H. Wilson and Jesse Spalding,
Chicago.- V. 68, p. 725, 928, 976, 1075, 1131, 1225; V. 69, p. 78,228,384.
;
;
;
Liinea Coiitrollect.
(1)
NORTH CHICAGO STREET RAILROAD.
Organization— Incorporated under the laws of Illinois in 1886 to
construct, lease, purchase, or otherwise acquire horse, dummy and
street railroads in Chicago and Cook County, Illinois." It controls the
surface street railroad system in the North division of the city of Chicago, through the purchase in 1886 of 2,501 shares out of a total of
5,000 shares capital stock of the North Chicago City Railway Co., said
road being leased for 999 years from 1886. Franchise 99 years from
Feb., 1865. Annual payment to city for electrical franchise, $10,000;
'.'
oar license, $50 per car per annum, 3 trips per day to a car.
In February, 1899, all the suburban leased lines of the North Chicago
and West Chicago systems were united under tlie name of the Chicago
Con.solidated Traction, which see.
In June, 1899, the North Chicago was leased to the Chicago Union
Traction for a yearly rental equal to 12 per cent on the stock.-V. 68.
p. 1131.
OutsVding. Lasldir.<tc.
interest.
Date.
Stock AND Bonds—
Stock ($10,000,000) ($100) ....
Q.— J $7,920,000 Julyl5,'99,3%
l!)0(>-9-16
3,171,000
5
J-J
Ist mortgage ($.500), &c.) 1886
See text. Currency.... J Trus. Fide'y fns.Tr. \' Safe Dep. Co. of PlilU.
1900-1915
'"" '"'
1,260.000
6 J-J
Certs. 5-20S ($100) etc.cur. 1895
Oct., 189*
See text.
30 Q-J
N. C. City /ey. Co. stock
500,000 JuIyl,190O
6
J-J
1st mort., cur'oy($1.000>. 1880
No v. 1.1927
2.500.000
2d M. ($2,.500,000) cur. ) 1887 4»2 M-N
Trustee, 111. Tr.& S.Bk. $ Sut)Ject to call at any time.
1
28
STREET RAILTVAYS
STREET RAILWAYS.
stock of N. Clil. City By. Co. not ownod by N. Chi St. RR. Co., $249,•900 (par, $100), receives an annual rental of $30 per share. North
•Chicago City stock for $250,100 is owned by North Chicago Street RR.
Bonds— The N C. St. R.R. mortgage provides for the Issuing (by and
of bonds for permanent im•with the consent of the trustee)
provements, in amount equal to 75 per cent of such Improvements. To
189S there had been issued: Dated July, 1880, due 1906, $1,500,000;
July, 1889, due 1909, $1,250,000; Jan., 189C, due 1916, $421,000.
Has guaranteed $049,000 North Clncago Electric Ry. and $255,000
Chicago Electric Transit bonds; also North Side Electric St. Ry.,
$155,000 bonds, and Evanston Electric Ry., $130,000 bonds.
S/oc^-— North Chicago Street stock for $1,100,000 was issued In
January, 1S9G, of which $550,000 for part payment of extra dividend
and $550,000 was offered to stockholders at par.— See V. 62, p. 41. In
April, 1898, $1,320,000 additional stock was offered to stockholders
at par to retire $500,000 oertiflcates of indebtedness of 1891 and for
extensions, etc. This increased outstandiag stock to $7,920,000.—
V. 66, p. 761, 811.
Dividends. ( 1890. 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898.
percent. S Q^
12
12
8
12 Below.
12
12
ll»fl
In 1896, 12 p. 0. in cash, and 20 p. c. extra (10 p. o. In stock and 10
In 1898, Jan., 3 p.c; Apr, 3 p. c.
p. c. in 6 p.c. certificates of indebt.)
July, 3 p. c; Oct., 3 p. c; in 1859, Jan., 3 p. o.; Apr., 3 p. c.; July, 3 p. c.
Road— On Feb. 1, 1899. Miles.
Miles.
Cable
18 12 Electric trolley
75 27
Horse
-94
Total track operated
9433
Annual Report— Fiscal year ends December 31. Report for 1898
was
V. 63, p. 127, and gave earnings as follows:
Tear ending Dec. 31—
1898.
1897.
1896.
Gross receipts
$3,015,323
$2,911,551
$2,913,710
Neteamings
$1,624,642
$1,591,625
$1,519,322
Int., rental, taxes, etc
543,665
636,462
524,231
Dividends paid
(12%)870,957
(12%)791,943 (12%)758,901
m
Balance, surplus
$210,019
$163,220
$236,190
Total surplus Dec. 31
$830,741
Officers.— President, Daniel T. Hunt, Chicago.— V. 67, p. 221 V.
68, p. S6, 127,330,725.928.976, 1075, 1131,1225; V. 6P, p. 78.
;
(2) WEST CHICAGO STREET RR.-r-See page 28.)
Organization— Incorporated July 19, 1887 under laws of Illinois.
Leases.—Control of the Oki. W. Div. Ry. {9S miles track) was acquired through purchase of a majority of its shares (6,251) of capital
stock, and the road leased for 999 years from Oct. 20, 1887, at an
annual rental of $35 per share, the principal and interest of its bonds
being assumed— see V. 65, p. 281. Of thfi Chicago Passenger Rij. Co(34 miles track) stock, the Chi. W. Div. Ry Co. o-svns a majority, and
the road is leased (on March 15, 1889; extended in 1897 for 50 years
to the West Chicago Street RR. The West Chicago St. RR. Co. agrees
to pay 5 per cent a year on capital stock of the Passenger Ry. Co.
and to guarantee its fljsed charges. Formerly leased Cicero & Proviso
St. Ry. and Ogden St. Ry., but these roads have now passed to the
Cliicago Consolidated Traction.
In Feb., 1899, all the suburban leased lines of the North Chicago and
West Chicago systems were acquired by the Chicago Consolidated
Traction.— T. 68, p. 86, 769.
In June, 1899, the West Chicago was leased to the Chicago Union
Traction for a yearly rental equal to 6 per cent on the stock.- V. 68,
p. 1131.
&
Stock
Date,
Bonds—
interest. Outstand'g. Last div., (tc.
Stock, $•20,000,000 ($100). text.
Q.-F. $13,189,000 Aug. '99,112
M.-N.
^®^« mortgage, $4,100, < 1888 5
3,969,000 May 1, 1928
000, $1,000, 8. f
c < Trustee, lUinios Tr. & Sav'gs Bank, Chieaiio.
J. - p.
767,000 Deo. 1, 1914
Debentures, $1.000.... o* \ i^^f ^
i Subject to call at par after 1899.
„
,
,,
Consol. M., $12,500,000g. < 1896 5g. M.-N.
6,031.000 Nov, 1, 1936
~
~
- - " "
($1,000 each)
c* ^
Sherman.
Subsidiary lines
W. Ch.St.RR.Tun.Co.lstJ 1889 5 F. -A. $1,500,000 Feb. 1, 1909
?iar. p. & 1
end. c. } Trustee, Illinois Tr. & Sav'gs Bank. Chicago.
«^.°'^,^L^°"^^™°i^?age8.1888-9
5 p. c.
204,000
1928-9
Chi. W. D. Ry. Co. 8fk 100
$35Q.-J.2o See text. Oct. 20, 1898
Ist mort. 41^3, ($1,» 00).. 1892 41^0. -J.
4,070,000 July 1, 1932
Chic. Pass. Ry. Co. stock
5
1,116,300
l8t mortgage, CUT
1885 6
F. -A.
400,000 Aug. 1, 1903
Consols. $2,000,000 cur- < 1896 5
M.-N.
1,600,000 Dec. 1, 1936
reney
Trustee, Equitable Trust Co., Chicago.
\
Chicago Electric Transit, etc., see companies following.
Interest is payable at company's office.
J?o«rfs.— Of the$12,.500,000 consols under the mortgage of November, 1896, $3,969,000 can be issued only on retirement of an equal
amount of the outstanding first mortgage 5s, and $2,500,000 for improvements and extensions at 75 per cent of the cost thereof. In Feb
ruary, 1897, a sale of $6,000,000 of the consols was made to a syndicate
the proceeds were used to retire $2,000,000 debentures in
April 28, 1897, and the floating debt, and bonds are reserved to retire
the $767,000 debentures subject to call in 1900. The mortgage covers
202*7 miles of track, includmg West Chicago Street RR., 72-7 miles
(O'WTied); Chicago West Division Ry., 96 miles (leased), and Chicago
Pass. Ry., 34 miles (leased). See V. 64, p. 170, 333, 472. Chicago Pass
Ry. consol. 5s are re3er\'ed to retire the Ist and 2d 6s.— V. 65, p. 235.
.9<ocA:.— Recent Issues— April. 1, 1893, $1,000,000; Aug. 1, 1893,
—
;
$1,100,000, and Nov., 1893, $1,089,000.
Chicauo West Division Slock Is $1,250,000, of which $625,100 is owned
by the West (Chicago Street Co., the remainder ($624,900) being guaranteed 35 per cent yearly under the lease. Chicago Passenger Railway
Btock is $2,000,000, having been increased from $1,000,000 in 1896,
but to July 1, 1897, only $1,116,300 stock had l)een issued. The
West CTiicago St. RR. Co. guarantees, under operating contract
5 p. c. on original $1,000,000 stock, of which $730,000 is owned by
West Chicago, as is also $730,000 of the issue of 1896.
General Finances.— Application dated Juno 29, 1897, for listing
the stock and bonds on the N. Y. Stock Exchange was given in full in
V. 65, p. 281, including general balance sheet of June, 1897, and detailed information regai ding the leases and finances of the company.
2H
1889. 1890. 1891. 1892. 1893. 1894. 1895 to Aug., '99
6
5
5
9
9
6 per ann.
7H
1, 1899, owned 72-7 miles and leased 186"32 miU 9;
total, 25902 miles track, operated as follows: Cable, 30-42 miles;
electricity 222 miles; horses, 66 miles. But Cicero & Proviso and
Ogden Street Railway now operated by Chicago Consolidated Traction.
Dividends—
?
per cent.. 5
Road.—Jan.
Owned—
West Chicago St
Leased—
Chicago W. Div. Ry
72-70
Cicero
—
Mttet.
& Proviso
37-6'i
Ogden St. Ry
96-00 West Chicago Tunnel
18-65
3400
Chicago Pass. Ry
Annual Report— Report
Years end ina Dec. 21—
Net earnings
Rental of leased roads
interest
)
>
Other interest and taxes
)
Balance for dividends.
Dividends paid
1898 was in V. 69,
1898.
$4,031,903
2,017,946
p. 127, showing.
1896.
1897.
$3,899,918
$4,018,948
2,138,378
1,929,664
$2,013,957
$1,970,254
98,000
1,136 ,185
for
Gross earning".
Operating expenses
Coupon
Leased
Miles.
1,1
j
$834,069
791,340
815,957
791,340
,
$1,880,570
$493,408
241,800
280,907
$864,455
791,340
8ur.$73,115
$1,795,733
Officers. -President, Daniel T. Hunt, Chicago.—V. 67, p. 221; V.
68, p. 86, 127,330,725,928,976, 1075,1131, 1225; V. 69, p. 78.
Balance
.
Bur.$42,729
sur.$24,617
Total surplus Dec. 31..
RAILWAY.OENERALInELECTRIC
January, 189G, obtained a twenty-year
franOrqanization—
chise for a system of lines south on Dearborn Street, etc., and in
February, 1897, additional franchises were granted, the company to
pay the city 5 p. c. of gross for second five years of franchise, 712 p.
for third five years and 10 per cent for last five years. In 1897 leased
to Metropolitan Traction Co. for $5,000 yearlv.
c
&
Maturity.
Outstanding.
interest.
Bonds— -Da'eStocks
(f)
Stock. $5,000,000
Oct., 1916
1896
5g. A-O
abt.$300,000
IstM., gold
Mortgage authorizes a first issue of $3,000,000, then $2,000,000 for
extensions, and additional amounts at 85 per cent of cost of still
further extensions and improvements. Trustees, Title Guarantee &
Trust Co. of Cliicago and State Trust Co. of New York.— V. 66, p. 1188.
ILLINOIS TRACTION CO.-To be a
trolley road.
Organization, Etc.— Incorporated in Oct., 1898. To build a road
from Grand Crossing, at the terminus of the Chicago City Ry. and
opposite Illinois Central Station, to South Chicago, 5 miles in length.
In Nov., 1898, John
McCabe was reported
to be interested.
RR-An
LAKE STREET ELEVATED
1892. Debt has
Organization- Chartered August
24,
electric road.
been mostly
readjusted under plan of February, 1895 (in V. 60, p. 391), by which
the Northwestern Elevated RR. Co. guarantees new debenture bonds.
Operation by electricity was resumed Sept. 20, 1896, but experiments
being made with compressed air.
Outstand'g. Maturity, etc.
Date, interest.
Bonds—
Stock
$10,000,000
Stock, par $100
3,913,300 July 1, 1928
Gold debentures; p. & i. ) 1895 5 JTrustee, Northern Trust Co. Chicago.
guar, by N. W. El
5
955,800 July 1, 1928
Inc. deben., g., noncum., ) 1895 5 Feb. 1
Subject to call at 101 on any Feb. 1.
$500 & $1,000 bonds. c. S
Bonds not assenting to plan of 1895—
&
,
174,000 July 1, 1928
1^^3 3(5) J-J
^fse^text)'^''°*^^"°^i
605,000 July 1, 1928
1893
—J-J
Zlegler bonds (text)
947,000
BUls payable Deo. 31,'98
Interest payable at Northern Trust Co.
Trustees of 1st mortgage were Farmers' Loan & Trust Co. of N. Y.
and American Trust & Savings Bank, Chicago. In June, 1898, the
Equitable Trust Co. was appointed in place of Farmers' Loan &
Trust Co., the latter having been held incompetent to act, but case appealed to U. S. Court.— V. 66, p. 1237; V. 67, p. 75.
Do
iVo<e.— The total issue of first
in 1898, $881,000 had
whieh
mortgage bonds was $7,574,000, of
not assented to readjustment plan
Of these last $102,000 were in the treasury, while $605,000
held by Mr. Zeigler are still in litigation and receiving no inof 1895.
the balance. $171,000, is allowed to receive interest at 3
per cent per annum, or 60 per cent of face of coupons. Holders of first
5s who assented to plan received in exchange for their principal 60
per cent in guaranteed debentures (total issued $4,015,200, of which
$102,000 in treasury), and 15 per cent in incomes (total issue $1,003,
800, of which $48,000 in treasury).
Stock— In May, 1896, trust certificates representing Lake Street
stock for $5,009,300 were offered to stockholders of Columbia Con
struction Co. at $18-90 a share; the stock itself will be held in a tenyear voting trust.— V. 62, p. 908.
Bonds— The gold debentures are secured by deposit of the old bonds
with the Northern Tr. Co.; their p. and i. are guaranteed by the Northwestern Elevated RR. Co. Wlien all the old bonds have been exchanged, they will be reissued to the extent of 60 per cent, and the
balance canceled.
Road— Owns in Cliicago a double-track elevated railway. Market
Street from Madison Street to Lake Street, thence to the Western city
Connects
linits, being 6 2-5 miles, equal to 14'4 miles of single track.
Trains
with Suburban RR. for traffic outside the city. V. 65, p. 236.
began running over the Loop line in March, 1897. In 1898 acquired
franchise for 1 mile road elevated and 1^ miles surface, which will bo
built by the Cicero & Harlem Ry. Co.— which see below; this piece was
terest;
opened April, 1899.
Report— Fiscal year ends Dec.
1898.
Oper.exp
$633,403 $579,961
324,947 329,124
Netrovenue..
$308,456 $250,837
Gro.ss
'
Extraordinarv improvements
year $72,841.
deficit for
Report for 1898, V. 68,
31.
1897.
1898.
p. 128.
1897.
$13,849 $18,612
Int. charges.... 259,314 257,479
1 5,707
Loop rental.... 61,954
Taxes
Bal.,def. for yr.
in
1897
$20,691 *$40,961
.$.'n,880,
making
total
1
STEEET RAILWAYS.
30
Officers— President, D. n. Louderback; Sec. andTreas. (May, 1897)
Abel, 444 North Clark Street, Chicago.— V. 68, p. 128.
Howard
CHICAGO & HARLEM STREET RAILWAY.— Name
& Harlem.
clianged from
lars.- V. 67, p.
Cicero
„
Organization— Chartered as au extension of the Lake
Stock & Bonds—
Dale.
Interest.
Outstand'g.
Stock
let
St.
ElevatedMaturity.
(J)
mort.,
unlimited,
1899
)
"sMctN"
"May"ii"i939
(>.)
The amount paid in on tte stock of the construction company and
already expended upon the property aggregates $4,166,000, making
the total cash raised, including the present loan, over 8^2 million dol-
$1,000 each
Equitable Trust Co., Chicago, Trustee.
I
The lirst $1,000,000 of bonds are to be certified from time to time as
new road is built; additional bonds to an unlimited amount may be
issued for 75 per cent of the cost of roads built or acquired.— V. 68, p.
1074.
Town
of elevated and 1>^ miles of surface and incline
April, 1899. Also has the right conferred by the Cicero
Board, to build an additional north and south line of about two
miles.
Louderback; Secretary, Howard Abel.— V.
Opened
President, D. U.
66, p. 759; V. 68, p. 1074.
LOOP ROAD.— See Union Elevated.
METROPOLITAN TRACTION
CO.-
Organized in June, 1897, by parties interested in General Electric
Ry. Has franchises for about 200 miles of streets in Cook County.
No road constructed to latest dates. In Nov., ] 898, the United Traction Co., with a capital stock of $500,000, was reported to be organized by parties interested in the Met. Traction.
Stock
Bate.
interest.
Bonds—
Outstand'g.
Maturity.
Stock, $lO,OuO,000
..
(?)
1917'"
1 St M., $2,000,000, gold
1897
5 g. F-A
(?)
Bonds, $1,000 each. Equitable Trust Co. trustee, and the State Trust
Co. co-trustee.- V. 65, p. 27, 278.
&
METROPOLITAN WEST SIDE ELEVATED
RAIL WAY—An electric road.
Organization— Successor on Feb. 3, 1899 (per plan in V. 67, p. 126).
Bo iVroad Co. sold under foreclosure on Jan. 4,1899. Exten
sions to Cicero, Proviso, Lawndale and Leyden are authorized by
to the
articles of Incorporation.
V. 68, p. 130.
Date,
interest.
& Bonds—
ComiLonstock
Stock
Pref. st'k, 5 P.O. non-cum
4g. FA
lstM.,$10
iai XI., ^Lv.vvyj.wo,
000 000 goia
eold^^®^^
q^^^_ ^^.^^^^
Outstand'g. Maturitij,
$7,500,000
9,000,000
9,600,000
Aug.
i,
etc.
1938
Co.,N. Y., and G. Sherrnan, trus.
The title to the common stocK is to be vested for five years (unless
in any one year during that period dividends of ttve per cent shall
have been paid on the preferred stock) in Frederic P. Olcott, Walter
G. Oakman and Samuel Thorne, as voting trustees, who shall vote
only for directors receiving a majority vote of the preferred stock.
The voting trustees shall net vote to create any lien or charge upon or
for the lease or sale of the property of the company without the consent of a majority in amount of voting trust certificates.— V. 67, p. 789.
Has guaranteed $407,000 bonds of Union Consolidated Elevated.
Road— From the Board of Trade Building westerly about 6 miles,
with branches; total length, 16-15 miles; the first 1-81 mUes are
four tracks, the rest two tracks, making total double track miles 17-96.
Road began using loop in October, 1897. The road is operated by
electricity. See. V. 58, p. 866. Right of way is owned in fee and mortgaged to secure the bonds; 55 motor cars and 125 passenger cars.
Earnings—Jan. 20. 1897, to Nov. 1, 1898: Gross, $1,840,446; payoUs, supplies, etc.. $1,534,079 net earnings, $306,367. Year ending.
Se^t. 30, 189 , during which loop was used, gross, $1,170,363; net
$370,330. Jan. 1 to Nov. 30, 1898, gross, $1,121,624; net, $440,564.
Passengers -From Jan. l to June 30, 1898, 6 months, passengers
carried 11,873,310, against 7,953,998 in 1897. For year ending Sept.
30, 1898, during which loop was used, $22,486,377.
Officers— President, Dickinson McAllister; Secretary and Treasurer, George Higginson, Jr.— V. 68, p. 40, 130, 282, 773, 1133.
^
;
356.
see v. 68, p. 127.
Road— The
road starts at the intersection of Wilson and Evanston
avenues, seven miles from the Court House, and will have 552 mile*
of four-track, 92 miles double-track. In Jan., 1898, all the foundations were in. Expected to be in operation in 1899— see above.
Officers— President, D. H. Louderback; Vice-President, E. L. Brewster Sec. and Treas., Howard Abel.— V. 66, p. 184, 189; V. 67, p. 737,
;
1264, 1357; V. 68. p. 127, 131.
Road -One mile
road.
1
Annual Report- For 1898
SOUTH CHICAOO CITY RAIL"WAY
CO.-
Orqanization— Incorporated May 31, 1883. Operates two Unetjfrom Jackson Park to 106th Street and the Indiana State Line. Hammond Whiting East Chicago is controlled in same Interest.
Maturity.
Date, interest. Outstand'g.
Stock & Bonds—
<fe
Stock ($2,000,000 auth.)
$1,603,800
1st mortgage, currency
50,000 July 1, 19ia
1890 5 J-J
Ist mort $5,000,000, gold)
1,513,000 Apr. 1,1913
1893 5 g.A-O
$1,000
5 Int. at Illinois Tr. & Sav. Bk., Trustee, ChioRoAD— Owns 34 miles of track In Chicago and controls tne Grand
Crossing & Windsor Park RR. Co., 3 miles; total 37 miles. Rails75 and 85 lbs. Hammond Wliiting & E. C. Electric gives a line to
Whiting, East Chicago and Roby (Ind.), and makes a direct route of 14
miles from 63d St- and Madison Ave., Chicago, to Hammond, Ind.
Officers— President, D. P. Cameron; Vice-President, D. M. Cummings; Secretary, Treasurer, O. S. Galther.— V. 67, p. 1002.
SOUTH SIDE ELEVATED
RR.-(" ALLEY ELE-
VATED")— An electric road.
Organization— 8uoce8,sor January, 1897, to Chicago & South Sid&
RR. (foreclosed per plan V. 63, p. 1158).
Road— Owns elevated road in operation in Chicago upon a purchased
R. T.
way from Congress Street to Jackson Park, 8-56 miles of
double and triple track; total track said to be 18-62 miles. Operation
of trains over the " Loop " (Union Elevated) began October 18, 1897.
Electricity was introduced as motive power late in April, 1898.
Maturitij.
Date, interest. Outstanding.
Stock & Bonds—
Stock, $10,323,800
$10,323,800 Sep. 1, '99,
1st mort., $1,500,000, ) 1897
419
750,000 July 1, 1907
red.,seetext; currency. 5
Trustee, 111. Tr. & Sav. Bank, Chicago.
On Dec. 31, 1898, current liabilities and taxes payable were $7?,375 and cash on hand was $202,366.
Bonds.— Ot the $1,500,000 authorized in April, 1897, $750,000 are to
be held for fnture improvements and additions. Bonds are redeemable within five years from date at 105 and after ttve years at 102;
denominations are $500 and $1,000— See V. 64, p.843.
Dividend.— First dividend of 1 per cent (out of earnings for four
months ending April 30, 1899) was paid May 1,1899; Sept. 1, 1899^
1 per cent was paid.
Passengers— Frova Oct. 18, '97 (date when road began using Loop), till
Jan. 1, 1898 (inclusive), the average number of passengers carried per
diem was 54,121, against 31,578 from Feb. 1, 1897, to Oct. 17. In
1898, total carried was 18,898,538, as against 13,350,970 in 1897 ;
daily average 51,777, against 36,578.
Annual Report— The annual report for 1898 was in V. 68, p. 228.
1897.
1898
1898.
1897.
Pass, earns. ...$944,927 $611,875 Op. ex. &taxes.$682,386 $515,402
Other earnings. 33,403
25,470 Net receipts... $295,944 $12 1,94a
Int. on bonds.. $22,500
Gross receipts.$978,330 $637,345
Officers— President, Leslie Carter; Secretary and Treasurer, J. H.
Glade. Office, 47 Congress St., Chicago.— V. 68, p. 228, 674.
right of
SUBURBAN RAILROAD— A
trolley
and steam road.
Organization — in July, 1897, Mr. Yerkes secured practical control.
Stock
&
Bonds —
Date.
interest.
Outstand'g.
Matiiriti/.
$1,250,000
5g. M-S
1.250,000 Mar. 2, 191&
IstM <B3 000 000 -old ^1896
lstM.,$3,000,000,goid.
|,j,j.^jg^gg jg Chicago Title & Trust Co.
Of the $3,000,000 bonds authorized, $1,250,000 were issued to build
the road owned and to equip a portion of the leased lines with trolley^
The remainder may be issued for extensions built and equipped at
$50,000 per mile for double and $30,000 per mile of single track.
Road— Owns 30 miles of track, extending from terminus of Lake
Street Elevated at 52d Street, through Grossdale, La Grange, etc.
Leases (for 50 years) the Chicago Harlem & Batavia and Chicago &
Southwestern roads to Harlem race track, Austin, Ridgeland, OaK
Park, etc., 21 miles of track. Including 9 miles of second track. Total
track operated, 51 miles, all trolley except portion of leased line»
from Harlem to River Forest and along West 16th and 19th streets.
M. Roach; Secretary,
Officers— President (Sept., 1898). John
'
G. S. Leeds.- V. 64, p. 331 V. 65, p. 236.
Stock, $1,250,000
NORTHERN ELECTRIC RAILWAYOrganization— Chartered
in 1894 for 50 years. Capital stock Is
mortgage bonds dated 1-94, due June 1, 1914, $50,000.
trustee, Chicago Title & Trust Co. Owns 5 miles of track from 56th
to 68th Streets on North Ave. Extension to Franklin Park planned.
In May, 1899, a controlling interest was acquired by Cleveland peo-
$50,000.
1st
ple.
Officers— Pres't,
ward Moore.- V.
B. Mahler; Sec. G.
W. McKisson; Treasurer, Ed-
68, p. 1077.
NORTHWESTERN ELEVATED
In Dec,
Orqanization—
RR.-
1898. obtained loan of .$4,500,000 from
syndicate headed by Blair & Co. cf New York, upon its notes, payable
on or before 18 months from date, bearing 5 per cent interest, secured
by deposit with 111. Trust & Sav. Bank, Trustee, of the company's entire capitalization, as reduced, .$5,000,000 Ist 5s, and $5,000,000,
each of common and preferred stock. Construction is to be pushed,
and it is hoped to have the road in operation before the end of 1899.
V. 67, p. 1357.
Date, interest. Outstanding.
Stock and Bonds—
Matnritu,
Stock, $.5,000,000
Pf. 8tock,5p.c.,$5,000,000
Ist M., $5,000,000
1894
a$5.000,000
a 5,000,o00
5g F-A a 5,000,000 Aug. 1, 1944
Illinois Trust & Savings Bank, trustee.
a All deposited as collateral for 5 p. c. loan of 1898 for $4,500,000,
due June, 1900, but suhjectto call any time at company's option. See
.
above.
Northwestern Elevated has guaranteed the debenture bonds of the
Lake Street Elevated.
Columbia Construction Compaity.— Contract to build Northwestern
"L" canceled in Jan., 1898. Construction Co. stockholders to receive
$4,000,000 each of "L" preferred and common, or about $93*74 of
each class for each $100 of Construction Co. stock.— V. 68, p. 127.
;
UNION ELEVATED RAILROADbuild
a loop road
22, 1894, to
connecting the four elevated roads with business centre of city.
Maturity.
Date, interest. Outstand'g.
Bonds—
Stock
$5,000,000
Stock, $5,000,000
1895 5g. A-O
4,387,000 Oct. 1, 194&
Ist M., $5,000,000, gold....
Interest at Chase National Bank, New York.
Lease— Operated under contract by the four elevated roads. Rental
is one-half a cent for each paying passenger carried over any portion
of the respective lines, with a minimum aggregate rental equal at
least to the amount of interest charges, taxes, expenses of operation
and maintenance of the lessor company.—V. 65, p. 1127. See V. 66,
Orqanization— Incorporated Nov.
&
p.
617, 762.
Retort.- Report for year ending Nov. 30, 1898, with balance sheet,
was given in V. 68, p. 279, showing Revenue from lessees, $335,966;
other income, $1,636; int. on bonds, $210,054; expenses not borne by
:
lessees, $8,786; balance, surplus, $118,763,
STREET RAILWAYS.
Road—The loop is
1*98 miles in length, double tracked (80-lb. rails),
Earnings—No
and runs on Lake St. to Wabash Ave., to Van Buren St., to Fitth Ave.,
to Lake St. Road opened Oct. 10, 1897. Trains of the Lake St.,
Metropolitan West Side, and South Side now operate over the loop.—
President, C. T. Yerkes; Sec'y & Treas.. Howard Abel.— V. 66, p. 762
279,284.
;
% c; Apr., 1 p. c; July, 1 p. c.
Road— The company operates 84 miles
Jan.,
UNION CONSOLIDATED ELEVATED RY.in lSi)6 and built from
Orqanmzation— Formed
5th Ave. west to Market
Stock
Stock
theuce to
St.;
& Bonds—
Date.
int.
Outstand'g.
Maturity.
CLEVELAND ELECTRIC RAILWAY.
UNION LOOP.—See Union Elevated RR.
UNION TRANSIT CO. -A projected road.
Organization— Known as the " Big Consolidated."
Company sutt'ercd from a strike of its employes in June,U899, which
after having been settled in that month broke out afresh in July and
,
Organization.— In June, 1898, made application for a lifty-year
franchise for about twenty miles of streets. Successor to the Great
Lakes Transit Company, incorporated August 7, 1883. Lucius Clark,
late of the General ElecCric Railway Co., it is reported, has control.
extended into August.- V. 69,
Stock
CINCINNATI & HAMILTON ELECTRIC
Organization- Incorporatediul897androadcompletedaboutDec.,
1898. Estimated population of Hamilton in February, 1899, 30,000.
In July, 1899, the company was reported to have absorbed the Ciucinnati ct Miami Valley.— V. 69, p. 26.
Date, interest. Outstand'g.
Bonds—
„ Stock
Maturitu
Stock, $600,000; par $50
$600,000
1st
gold, $500,000, (par) 1893 6 g. J-J
400,000 Apri,'i9i8.
$500) not subject to call.. S Int. at Aoi.Tr. Co., Clevelani.C, trustee.
&
,
Road— Owns 15ia miles of road, extending from Court House,
Hamilton, to Main and North Bend streets. College Hill. Doubletracked in Mt. Healthy, O. Also owns 20^ feet right of way on either
side of turnpike from Hamilton to College Hill, about 7^ miles, brick
power-bouse, car barn, at College HiU, etc. RaUs 70 lb. T and 73-lb.
girder. In February, 1899, extension from College Hill to Cincinnati
reported to be proposed. V. 67, p. 529. President, Will Christy,
Akron, O.; Treas'r, F. T. Pomeroy; Secretary, C. E. Hooven, Hamilton.— V. 67, p. 529; V. 69, p. 26.
CIN. & MIAMI VALLEY-See HAMILTON, o.
CIN. NEWPORT & CO V, -See COVINGTON, KY.
RY,-Electric and cable
Organization.— Incorporated June 21, 1880, and
Mt. Adams & Eden Park and Mt. Auburn roads.
Stock
&
in
p.
283.
interest. Outstand'g. Latest div., etc.
Date,
Q.-J.
$12,000,000
July5,99,
%%
Dividends—The quarterly dividend was passed in January, 1896; in
April, le96, paid ^ p. c; in 1897, 3 p. c; in 1893. 3H p. c; in 1899,
Jan., 1 p.; April, 1 p. c; July 5, 84 p. c.
Bonds— OoHsois. o/i(S«7 for $l,9oO,000 reserved to retire the bonds
assumed. Bonds in excess of $3,500,000 (including the $1,900,000
reserved as above) cannot be issued except for 85 p. c. of the cash cost
of extensions of mileage and increase of plant. The bonds are a first
on the Broadway & Newburg system and on all extensions made
and property acquired subsequent to the consolidation; they cannot
be called bofore maturity.— V. 61, p. 749.
Road— The company operates in the city of Cleveland "an aggregate
single track of about 96^9 miles; practically all the lines are double
tracked." Also operates about 10 miles of suburban track.
Gross, $819,580; net, $321,417
Latest Earnings. 6 mos. 5 1899
Gross, 830,911; net, 311,591
J.n. 1 to JuneSO
J 1898
Annual Report— For the years ending December 31
189"i
1896.
1897.
1895
lien
Gross earnings
Netearnings
$l,714,5'?2
683,733
$1,632,020 $l,634,8tl $1,503,620
593,075
553,862
519.399
Officers— President, Henry A. Everett; Secretary, R. A. Harman;
W. Moore; Gsn. Manager, R. M. Douglass; Purch. Agent,
•
C. W. Wason.— V. 63, p. 1148; V. c8, p. 129; V. 69, p. 283.
Treasurer, E.
BEREA ELYRIA & OBERCLEVELAND road.
road.
1896 purchased
LIN RY.—
A.
trolley
Organization— A consolidation
Date,
Stock and Bonds —
Bonds-
Par. interest.
Outstand'g Lastdiv.,ae
(.<t,18,000,0u0)
50
5 Q.-J. $17,095,500 July,!, '99.1 >4
KilgoarM. .assumed), cur.
4 J. -J.
25,000
July, 1900
Mt. Adams & Eden Park In.:
let mo.-teage, currency.. ..
6 A.-O.
62,000
Oct., 1900
"
currency.. ..
6 A.-O.
100,000
Oct., 1905
Consol. mort, currency
5 M.-S.
515,500
Mch., 1906
Interest is payable at Franklin Bank, Cincinnati.
Mt. Auburn Cable Ry.
SH 1887 5 J.-D. 200,000
June, 1907
1st
assumed .c* 5 Interest at Chemical Nat. Bank, N Y. City.
Stock— Total authorized stock, $18,000,000, having been Increased
from $11,000,000 in August, 1896, for purchase of Mt. Adams &
Eden Park and Mt. Auburn Cable roads, and for extensions.— V. 63,
p. 188; V. 64, p. 610. In 1898 $656,000 new stock was issued at par,
making, when all paid up, $17,095,500 stock outstanding. -V.
66, p.
Stock
Bonds—
Bonds assumed51892 5 M-S 1,000,000 March, 1910
E. CI. v. RR. 1st M ($1000) < Interest at Central Trust Co., New Y'ork.
Brooklui St. 1st $1,000..
18.83 6 M-S
300.000 Sept. 1. 1903
do mort. 1890 $1,000... 1890 6 M-S
300,000 Sept. 1, 1903
Sept. 1, 1903
1888 6 M-8
300,0
Soutli Side 1st
«1 000
i
houtnside
ist$i,uoo
5 int. in Phila. at Fidelity Ins. Tr.& Safe Dep
—
Cleveland Electric Railway
5g.M-S 1850,000 Mch. 1, 1913
c*&r^l*^^3
Con M.
M ($1,
rSfCOleold
<sr
con.
lU) goiQ.c
^ j^^. attrustee, Central Trust Co.,N.Y'.City.
CINCINNATI, OHIO.
STREET RY.-A trolley road.
&
Stock ($100)
PopuL.VTioN 1890 WAS 296,908; i.\ 1880 was 255,139;
AND IN 1870 WAS 216.239.
CINCINNATI STREET
]).
of track in the city of Cleve
land and suburb.s on 41 miles of streets, extending 6 miles east and
west of city limits; electric lines, 72 miles; cable, 12 miles. Weight
of rails, 82 and 98 lbs.
Officers— President, M. A. Hanna; Vice-President, C.JF. Emery;
Secretary and Treasurer, J. B. Hanna.—V. 62, p. 363, 664.
Union Elevated at
the Metropolitan W. S. El.
$1,000,000
Series "A" 1st mort., gold, ) 1896
.5 g M-N
407,000
Nov. 1, 1936
gu. p. <fel.byMet.W.8.El. S Truatee,G.8hermau,V.-P't,Cen.Tr.Co.,N.Y.
Mortgage $1,000,000, of which $500,000 series A. -V. 63, p. 1065.
M
late returns of earnings.
Calendar Tear.
Gross.
Net.
Interest.
BaL.aur.
$1,06",' 29
1895
$458,772
$109,116
$349,656
1894
923, 51
366,113
131,569
234,544
Dividends— Dividends of 4 per cent annually had been paid, but for
189t. paid 2 p. c
1897, 214 p. c; 189 J, 3 p. c. (^ p. c. Q-J); In 1899,
;
V. 68, p.
31
in
December, 1897.
Outstanding.
$1,000,000
interest.
Stock (par $100)
Maturity.
.
.
.
.
.
616.
Dividends— For many years
to July, 1899, inc., 5 p. c. per annum.
1899, operated 206-58 miles of track in
the city of Cincinnati, Ohio, extending also to adjoining suburbs.
Of this track 7 miles is cable; balance trolley.
EARNINQS-Por calendar year 1S98 earnings are reported by City
Auditor of Cincinnati as gross, $2,723,702. The company does not
make any public statement, but it is understood that in the year ending Jun- 30, 1899, the road earned 6-21 per cent on
the stock.
Officers— Pres't and Gen. Man., John Kilgour; Secretary and Ase't
Gen. Man.. James A. Collins; Treas'r, R. A. Dunlap.- V. 66, p. 810.
Road—Company on July
1,
MILL CREEK VALLEY STREEET RR.-
Organization— Name was changed.in 1898 from Cin. Ham. Mid. \Dayton RR. Stock $1,000,000 common; outstanding, $337,500;
preferred, 5 per cent cumulative, $750,000; dividends, J-J; outstanding, $210,000. V. 67, p. 530. No bonded debt In 1899.
Road— Owns 7»fl
miles of double track, of which II3 miles between
Zoological Gardens and Mitchell Avenue, Cincinnati, held under perpetual lease. In February, 1899, contract let for extension of one
branch to Reading and another to Glendale, a total of about 15 miles,
ani 10 miles additional to Hamilton, O., was sub.sequently contracted
for. President, L. C. Weir
Vice-President, S. M. Felton; Secretary,
O. B. Brown. V. 67, p. 530.
;
CLEVELAND, OHIO.
PuPOLATION
IN
1890 WAS 261,353; IN 1880 was 160,146;
Iand in 1870 WAS 92,829.
CLEVELAND CITY RAILWAY-!
OrQan:zati 3n— Chartered
in 1893.
Known
as "Little Consolidated."
Outstanding.
Maturitu.
Stock ($100) «8.000,0)0
Q.-J.
$7,600,000 July 10, '99,1
1899 5g.J.-J.
2,000,000 July 1, 1909
^®ri-..Pl^J«^*^^® ^y- i
gold,$1.000c.,tr.lst M J Trustee is Centrdl Tru.st Co., New York.
Stock
& Bonds—
Date,
interest.
'"'^''-
toSin.Wo2
Subj.
Cleve. & Elyria 1st M. on
(
1892
6 g J>&J
73,000 Jan.
1,
M&N
May
1,
1912
1915
1895
6
200,000
18 m. (bouds $500
1917
Aug.
1.
M.
on
)
1897
6
F&A
100,000
1st
Elyria & Oberlin
9 miles (bonds $500) ... \ Interest at Cleveland Trust Co.. trustee.
5gM&8 l8tdueSep.l'99 Mch. ,1919
CI. Ber. Elyr. &0. con. M. \ 1899
$iOO,000,g. ($1.000 ea.) S Interest at Cleveland Trust Co., trustee.
Bonds—Of the new 58 dated March 1, 1899, $373,000 are to be
reserved for the retirement at or b^ifore maturity of the divisional 68
to a like amount, and balance to be used for extensions, etc. V. 63, p.
)
<,
186.
Road -Operates 37 miles of track extending from Cleveland to
Berea, Elyria and Oberlin; sidings, additional, 2 miles. Extension to
Rockport is to be built. President, A. H. Pomeroy; General Manager,
F. T. Pomeroy.— V. 63, p. 793; V. 63, p. 186.
CLEVELAND & CHACRIN FALLS ELECTRIC RAILROAD-A trolley road.
In June, 1899, new i>arties cane into control, who elected the officers
given below:
Organization— Incorporated in December, 1895, to build and operate a passenger and freight road between Cleveland and Chagrin Falls,
14 miles, to furnish heat, light and power, ana own pleasure resorts.
Date, interest. Outstanding. Maturity.
Bonds—
Stock
$300,000
Stock
200,000 May 1,1916
l.stM.,$200,000,g.,red.aft. )1896 6g.M-N
&
May 1, 1906 ($500)
Road— In January,
contract
when
c* \ Int. at Guardian Trust, Cleve., trustee.
1889, had 14 miles of track. To operate under
completed the Chagrin Falls & Eastern RR., extending
from Chagrin Falls to Garrettsvllle, 12 miles.
President, F. M. Slearus; Vice-President, M. G. Waterson; Secretary,
A. G. Hutchison; Treasurer, C. E. Morganthaler.J
1
(1)
CHAGRIN FALLS
cfe
EASTEHV ELECTRIC.
in 1898 as an extension of Cleveland
Chagrin Falls Electric RR., which is to operate it under contract.
Organization— Incorporated
&
Stock
&
Bonds—
Date.
Interest.
Outstand'g.
Maturity.
Stk,$<000,000(par$100)
Quarterly .$300,000
....
May. 1, 1918
Ist M., $300,000, gold. 5 1898
(i)
6 g. M&NT
($500 each)
lint. atGuardian Tr. Co., Cleveland, 0.,Tru3.
Bonds are subject to call at par after 10 years.
Road— To extend from Chagrin Falls to Garrettsvllle, 12 miles of
road; 24 miles of track. To be completed in 1899.
CLEVELAND & EASTERN
RR-TroUey
Organization.- lucorporated to construct an electric road from
Cleveland through Cuyahoga, Geauga and Ashtabula counties to the
Pennsylvania State
line,
botweoa 60 and 70
miles.
Stock authorized,
;
:
4
;
;
STREET RAILWAYS.
3^
$1,200,000; iBsued, $100,000. Bonds will be authorized, Cleveland
Trust Co. to be trustee. Construction under way from Cleveland to
Barton.
President, H. P. MtlntosU; Vice-President, H. A. Slierwin; Secre.
tdry and Treasurer, E. G. ruiotson.
Annual Report— For year ending
Dec. 31, 1897, earnings were:
1897.
1896.
Gross earns... $142,664 $152,032 Fixed charges... $33,912 $34,081
Net earnings.. 57,889
65,129 Balance, surplus 23,977
31,048
Officers— Pre.s.. F. L. Martin; Vice-Pres., E. J. Eaton; Sec'y, Treas.
and Gen. Man., A. L. Lawton; Supt. and Porch. Agt., D. L. Macaflfree.
1897.
CLEVELAND MEDINA & SOUTHERN"
ELECTRIC railway-To be a trolley road.
Organization— Incorporated in October, 1897, to build to Cincinnati via Columbus. In Ausrust, 1898, had let contract* for grading
and overhead work as far asWooster, 52 miles, and construction under
way. Stock authorized, $750,000; bonds authorized, $500,000.
CLEVELAND PAINESVILLE & EASTERN
R Al LROAD-A
road.
trolley
Organization, Etc.— incorporated April 25, 1895. Road completed in August, 1896. Tlie stockholders voted Jan. 17, 1899, to
Increase the stock from $1,000,000 to $1,500,000; and also to increase
the bonded debt. V. 67, p. 1356.
Date, interest. Outstand'g.
Maturity.
„ Stock &, Bonds—
Stock, $1,500,000; par $100
(?)
let Mort., gold, $500.000. ) 1896 5g.A-0
500,000 Apr. 1,1916
($1,000 each)
c* S Interest at State Trust Co., N. Y.
Debentures $500,000....
t^^*^". ^.
^'J ^ i*5,000 July l, 1907
< Int. at Dime Sav. & Bkg., Clev., trustee.
Trustees of mortgage are State Trust Co., N. Y., and Cleveland
Trust Co., Cleveland, O. Bonds authorized at $25,000 per mile. On
Jan. 1, 1899, current liabilities were $350,000.
Road—OwTis road from Euclid, Ohio, to Painesville, 18-87 miles, and
uses Cleveland Electric Ry. from Euclid to Public Square, Cleve., 10
miles; " Shore Branch " (Willoughby to Cleveland, built in last half of
1898), 14-39 miles; total track (including 412 miles of double), 37-76
miles. Rails 68-lb. girder on old line and 70 lb. T on Shore Branch.
23 motor cars. Power house is at Willoughby and uses water from
Chagrin River free.
Latest Earnings— 6 months, ) 1899... Gross, $50,623; net, $14,474
Jan. 1 to June 30.
$ 1898. ..Gross,
41,367; net, 14,895
Earnings- For year ending Dec.31,1898, gross, $105,360; net, $46,480; interest on 1st mortgage bonds, $25,000.
Officers— President, C. W. Wason; Vice-President, J. A. Biedler;
Treasurer, E. W. Moore; Secretary, F. 8. Borton. Directors (January,
1899)- Henry A. Everett, I. N. Topliff, W. F. Carr, Fred. Storm, C. W.
Wason, E.W. Moore and J. A. Beidler.— V. 63, p. 356, 458; V. 64, p. 284-
1896.
COLUMBIA,
S. C.
Population 1890 was 15,353 in 1880 was 10,036
AND in 1870 WAS 9,298.
;
COLUMBIA ELECTRIC STREET RAIL-
WAY
LIOHT & POWER-AtroUeyroad.
June,
In
1899, Baltimore capitalists owning the Charleston (S. C.)
street railways (including the Baltimore Trust & Guarantee Co. and
the Mercantile Trust
000.
Stock
cS;
& Deposit
Bonds—
St'k, $51.0,000 (par
Co.)
purchased the pro;erty for $257,-
Miles. Date. Interest. Outstand'g.
$100)
Maturity.
(%)
1892 6g. M-N 150,000
Interest is payable at Mercantile Trust & Deposit Co.,
Road— Operates 10 miles of track.
Mayl,1922
1st M., gold, $1,000... 0*
Officers- Pres. and Gen. Manager, J.
—V. 68, p. 1180.
_
Baltimore.
Q. Marshall; Sec,
W. H. Lyles.
COLUMBUS, GA.
Population 1890 was 17,303; in 1880 was 10,123;
AND in 1870 was 7,401.
COLUMBUS RR.— ParttroUey; part steam.
Organization— Owns and operates the street car system of Columbus, the belt passenger and freight lines, connecting with aU past
senger and freight depots, and a large brick, metal roof warehouse
and general storage building; also an electric light and power system.
iSecnriites— Stock $250,000. New bonds are first mortgage 58 due
1937, for $450,000, and $250,000 second mortgage 6 per cent noncumulative incomes, due 1937; $30,000 of the firsts are reserved to
retire $30,000 underlying bonds due 1913 and $20,000 to build bridge
across river.- V. 66, p. 759.
Road— Operates 241^ miles of track.
Earnings— Calendar year 1898, gross, $91,000; net, $35,000.
Officers— President, John F. Flournoy, Columbus, Ga.; Vice-Pres.,
W. D. Stratton, and Sec. and Treas., P. W. Briggs, both of 100 B' way.
New York.— V. 66, p. 759.
V. 67, p. 1356.
COLUMBUS, OHIO.
LORAIN & CLEVELAND RY.Orqanization— Chartered in 1895. Owns 19 miles of trolley over
private right of way between Rocky River and Lorain and running
to
Public iBquare, Cleveland, on Cleveland City Ry. Power house
Avon Beach Park, using water from Lake Erie.
Stock & Bonds— Capital stock, $1,000,000 (increased from
is
at
additional equipment, etc.
First mortgage authorized, $1,000,000
of5p. c gold bonds $700,000 issued, dated July 1, 1897, due 1927,
optional after July 1, 1917; $1,000 each, J & J. Trustee, Cleveland
Trust Co.; interest there or at Colonial Trust Co.,N. Y. Haifa million
of the bonds were offered for sale in Feb., 1899 by E. H.
Gay & Co. of
Boston and the Canadian Bank of Commerce.
^^^^ I J§^?
^^os-^ $51,407; net, $28,085
^*'^tln
Jan. %''^^\^^^al
1 to July 31.
Gross, 36,913; net, 19,2 i9
J 1898
Earnings— For year ending Dec. 31, lfc98, gross, $73,037; net, $39,372; interest on 1st mortgage bonds, $35,000.
President, B.Mahler; Secretary, James B. Hoge; Treas., E.
Moore
—V. 68, p. 85, 380.
;
W
N. Y.
Population 1890 was 22,509 in 1880 was 19,416
AND IN 1870 WAS 15.357.
:
COHOES CITY RAILWAY.-A trolley road.
Organization— Chartered in 1894 and controUed by the same interests as the Albany RaUway with which conneotion
is made; 2^
miles of
track
leased to Albany Railway.
^"'*- Jnte'-est- Outstand'g.
8t^Jwn«^Jm'^°^~
T^
its
is
Maturity.
2o/oyr.'95-6
$50,000
6g.,J-J
50,000 July 1.1905
l^M'f^t^'^^^'^^^
JFf 6g.,J-J
2dM.,gold
1896
35,000 Mayl,1906
Loans payable (June 30, 1898,) $23,633. Year ending June
30, 1898,
gross, $23,321; def. under charges, $7,806. In 1895-96
gross, $27,083;
net, $8,350; interest and taxes, $3,169; dividends
(2 per cent), $1,000;
M'^*'^,'/-i?iA-X-XA
balance, surplus, for year, $4,181.
Road- Track, 6^ miles. President.
John W.McNamara, Albany, N.Y
-^
SPRINGS, COL.
—
COLORADO
Poi'DLATlON 1890 WAS 11,140; IN 1880
WAS
4,226.
COLORADO SPRINOS RAPIDTRANSIT RY.
Organization- Chartered In 1890. Franchise is perpetual and is
said to give " practically exclusive" rights in the city.
Stock
Bonds— Miles. Date, interest. Chitstand'g. Maturity.
Stock (par $100)
$500,000 t n
7I2
l8tM., $1,000 each...
1890 6 A-O
1910
350,000
&
27
1891 6 k A-O
150,000 Apr. 1, 1921
^V'^''2-^A'Bk^^^'^^-l
for $000,000, gold.. J Subject
call after October i 1896.
Interest is payable at Chemical National Bank, New York City.
Consolidated mortgage limited to $500,000 by cancellation of
$250,000 of the bonds; $350,000 reserved for first mortgage Trustee.
Central Trust Co., N. Y.
Road— Owns 28ifl miles of track, and June 1, 1895, began to operate the Manltou Electric Railway & Casino Company's line, IVz miles.
w
and
in
1870 was 31.274.
COLUMBUS RAILROADIncorporated August, 1899, in Ohio.
$500,
000 in Aug., 1897; par $100); outstanding $700,000; $300,000 held in
trust, with a like amount of bonds, to be issued only for
extensions,
COHOES,
E8TI.MATED Population, 1899, 145.000.
Population 1890 was 88,150; in 1880 was 51,647;
Capital, $7,000,000; half
mon, half preferred. Will acquire the Columbus Central after
closure and consolidate with the Columbus Street Railway.
COLUMBUS STREET RAILMrAY-A
Has made aa
offer to
closure—see V. 69,
p.
comfore-
trolley road.
purchase the Columbus Central Ry. after fore78; then to be cjnsolidated under name of
Columbus Railroad.
Organization— Organized in May, 1892.
Date,
interest.
Outstand'g Last div., <£c.
Stock & Bonds.—
Q.— F.
Capital stock
$3,000,000 Aug.1,'99,1%
Col. Con. Street RR. 1st g.)
5gj_j
676,000 July 1, 1909
may^be called for s. f jggg
Interest at Central Trust Co., N.Y
.
^
2,281,000 July 1,
Col. St.Ry!i8't$3,000,'6ob? 1892 5g. J.-J.
Interest at E. W. Clark & Co., Phlla.
c* 5
gold
1932
Bonds guaranteed-—
Crosstown Istmort, $2,- ) 1893 5 g. J.-D.
572,000 June 1, 1933
Knickerbocker Trust Co., N. Y., Trustee.
000,000 g. gu. p. & i. c* 5
Bills payable Jan. 1, 1899, $145,000.
Bonds.-The first cousol. mortgage of 189218 for $3,000,000, of which
$719,000 are in hands of trustee (Knickerbocker Trust Co., N. Y.) to
retire the Col. Consol. St. RR. firsts. The Orosstown Street Ry. 1st M. la
for $2,000,000, of which the balance unissued may be sold for extensions at $30,000 a mile. Principal and interest of the Crosstown bonds
are guaranteed Dy Col. St. Ry. Co., which owns all the stock and operates
property under a perpetual lease. Guaranty endorsed on each bond.
Dividends— 1 892, 3 per cent; 1893, 2 p c; 1894, X^ p. c.; in 1895,
p. c; in 1896,4 p. c; in 1897, 4 p. c; in 1898, 4 p. c; in 1899,Feb., Ip.c.
May,
1 p.
c; Aug., 1
p. c.
Road.— Operates 64-17
Road owned.
Main
miles of track, as follows:
Miles.
51-17
line
I
|
Road
45 to 93 lb. girder and 60 to 80 lb. T.
cars, 57 open motor cars and 20 trail cars.
Rails,
Latest Earnings— 7 moe.,
leased.
Cros.stown
St. Ry
Owns 87
13
closed motor
1899... Gross, $432,358; net, $242,086
1898.. .Gross, 388,241; net, 201,439
Annual Report— Fiscal year ends Dec. 31. Report for 1398 was
given in V. 68, p. 326. Earnings have been as follows
1898.
1897.
1898
1897.
Gross earns. .$680,173 $605,921 Dividends
$120,000 $120,000
Net earnings.. 352,481
319,047 Surp. for year. 35,376
4,293
Other income.
8,860
5,397 Tot.sur.Dec.31 231,025
196,638
200,151
Fixed charges. 205,964
Officers— Pres., Robert E. Sheldon; 1st Vice-Pres. and Treas., E. K.
Stewart; Sec. and Auditor, P. V. Burlngton. Index— V. 67, p 1160; V.
68, p. 326; V. 69, p.78, 228.
Jan.
1
to
July 31.
)
J
.
CENTRAL RY.-A troUey road.
COLUMBUS
George H. Worthington
Organization—
of Cleveland, O., is receiver.
Oct. 26, 1898, decree of foreclosure was entered.- V. 67, p. 955.
Sale ordered for Sept. 13, 1899. After sale, property, it is expected,
will be transferred to the Columbus Street Railway, which has made
an offer for it. V. 69, p. 78. Name of consolidated company to be
On
Columbus Railroad.
STREET RAILWAYS.
Bondholders' Committee— g. h. Worthingtou,
T. Horrick, all of Cleveland; H. L. Breneman and
M.
J.
v.
of Cincinnati; Secretary, F. N. Bendelari, Columbus, Ohio; depository.
Guardian Tr. Co., Cleveland. About $1,300,000 bonds deposited.
Maturity.
Bonds— Miles. Date, interest. Oulstand'g.
Stock
Stock (par .$100)
$1,500,000
12,000
Receiv'sctfs. (see text)
1893 5g. M-N 1,500,000 May 1, 1913
1st mortgage, $1,500,- < ....
000, gold
\ May, '96, coupon the last paid.
Mortgage trustee is the Savings & Trust Company of Cleveland, O.
In July, 1898, stockholders were held liable for debts.- V. 67, p. 73.
Road— In May, 1899, reported to have 34 m. of track.
Earnings- From Oct. l, 1896, to March 1, 1898, 17 months, receivGross, $128.265.— V. 67, p. 73, 955; V. 69, p. 78.
er's report shows
283.
_
&
:
CONCORD,
H.
N.
;
;
Bonds-
interest. Outstanding.
Date.
$3,500,000
Maturity'
Aug.l,'99,i«
Bonds—
&C'm. Ist M
1882 6
M-8
250,000
Mch., 1912
150,000 Jan. 1, 1932
Consol M.,
M !t.&oo,ooo
S500 000eold
consoi.
goia. P892 6 g. J J
^ interest at Am. Ex. Nat. Bank, N. Y. City.
Newp. ifeDay.St.Ry. IstM. 1887 6
....
100,000 Aug. 1, 191T
Underliiing
So. Cov.
Cincinnati Newport
Covington
<£•
1st consol. mort., gold, $3,- ) 1892 5 g. J - J
2,500,000 JiUy 1, 1922
000,000 ($1,000) .c* A r < Trustee Farmers' Loan & Trust Co. of N. Y.
ZA mortgage, $1,000,000, ) 1896 5 g.
500,000 July 1, 1922
gold ($1,000 each)
c { Trustee Farmers' Loan & Trust Co., N. Y.
Bonds -Ot the 1st consolidated ot 1892 $500,000 are deposited wltk
the trustee to retire all the underlying mortgage bonds. The perpetual
charters of constituent companies are kept alive, and their capital
stocks are deposited witli the trustee as collateral for the first consols.
Second mortgage 53 for $500,000 were sold in December, 1896.
Dividends— tn 1899, Feb., ^ per cent; Aug hi per cent.
Road— Connects Cincinnati, Newport, Covington, Dayton, Bellevue,
Ludlow, Bromley and Ft. Thomas. Total In operation 60 miles laid
with 80 Johnston girder and 72-pound " T " rails. Extension to Er.
.
;
CONCORD STREET RAILWAY-A
trolley road
extending from the central wards of Concord to Penacook.
Date. Inlertst.
Outstand'g.
Last div., etc.
Stocks & Bonds—
Stock, com., $100,000
$50,000
Pref.,oum., $100,000
6
50,000
1895-96,6%
First mortgage, $150,-( 1893
5 J-D
118,500
Dec, 1913
000
c»^ Subject to call in 1898 to 1902, Inclusive, at
($500 each.)
102; in 1903 and thereafter at par.
(
Interisl at National Bank of Redemption, Boston, and in Concord.
Dividends of 6 per cent have been paid on the preferred stock.
Road is 12 miles long; total track, I213 miles
Earnings— For years ending June 30 earnings were
1897.
&
Stock ($100) $4,000,000
,
Population 1890 was 17,004 in 1880 was 13,843
and in 1870 was 12,241.
1898.
Stock
Painter.
T. C. Campbell,
33
langer proposed.
Latest Earnings-Seven months
7 months.
1899
1898
:
CRIPPLE CREEK, COL.
CRIPPLE CREEK DISTRICT RAILWAY—
1897.
1898.
Gross earnings.. $52,440 $49,529 Interest and taxes.$6,723 $6,485
Net earnings.... 7,930
6,050 Dividends
(?)
Other income
461
250 Balance
detl85
Officers—President and Purchasing Agent, J. H. Albin Treasurer
;
an! Cleik, A. B. Cross.
to July 31
Net.
Taxes
dt Tolls.
Surplus,
$394,296
$228,488
$87,177
$141,311
369,185
187,893
71,118
116,77&
Annual Report— Earnings for years ending Dec. 31, were 1898,.
gross, $681,672; net, $379,471; charges, $318,144; bal., surplus, $61,327. In 1897, gross, $638,437; net, $211,197.
0??\C^RS— (Elected February, 7^95.;— President, James C. Ernst;.
Secretary and Treasurer, George M. Abbott.— V. 66, p. 706.
Gross.
Electric road.
franchises, granted in 1896, for 2&
Chartered in 1897 for 50 years.
Bonds— First mortgage, gold, coupon 5s; authorized, $1,250,000?
all issued; $1,000 each, due 1948, A & O; interest at Central Trast
Company, New York, trustee.
Road—Trolley. Cripple Creek to Victor, 7 miles, operated fromai
January, 1898; and 32 additional miles, Colorado Springs to Crippl*
Creek, under construction, of which about 20 miles reported nearly
completed. President, H. C. S. Dyer; Vice President and Gen'l Maaager, L. D. Ross; Secretary and Treas'r, J. L. Lindsay.
Organization— Has municipal
years.
CORNING, N. Y.
1880 was
CORNINa& PAINTED POST STREET
Population 1890 was 10,188;
in
7, 4 02.
RY.-
A trolley road.
Organization -Incorporated Dec,
11, 1894.
Commenced
opera-
tions Nov. 1, 1895.
Stock
&
Bonds—
Date.
Interest.
Stock, $100,000; ($100)
Istmortgage $100,000
Road— Owns
'SJ-J
1896
Outstand'g. Maturitu.
$100,000
100,000 Jan.
1.
1926
DALLAS, TEXAS.
5-3 miles of track.
was 64,224;
WAS 10,358.
1890 was 38,€>e7
Earnings- For year ending June 30, 1898, gross, $24,716; net
$5,491; otherincome,$ll3; interest and taxes, $6,336; bal., def.,$732.
Officers— President, a. E. Pond; Secretary, W. C. Tylee; Treasurer
Population
E. P. Shaw.
RY.-Trolley.
Organization—A consolidation in February, 1898, of the Dallas
City Street Ry. and Queen City Ry. sold in foreclosure. In Marchk
1899, G.M. Van Ginkel purchased the road in the interest of al>es
Moines, la., and New York syndicate. The road has, exclusive »ff
CORTLAND,
N. Y.
Population 1890 was 8,590; in 1880 was 4,050;
AND IN 1870 was 3,066.
CORTLAND & HOMER
TRACTION-TroUey.
Organization— Chartered May 14, 1894, and purchased the entire
capital stock ($150,000) of the Cortland & Homer RR. Has perpetual
right to use said railroad and operates it as an integral part of its
system. The Traction Co. owns all the stock and bonds (in all $80,000) of Cort. & Homer Electric Co., which furnishes 100 arc lights to
the two cities and also lamps to the public. Carries coal and freight
as well as passengers, between Cortland, Homer and McGrawville.
Date.
Stock
interest.
Bonds—
Outstand'g.
Maturity.
Stock
$300,000
l8t M.,$300,000, gold, )
1894 6 g. A. - O.
300,000
Apr. 1, 1924
free of tax
c* 5 Interest at Farmers' Ln. & Tr. Co.. N. Y. trustee
IiROAD—Operates 10-57 miles of track between Cortland and Homer
and Cortland and McGrawville, completed in 1895. Rail is 60-lb. T.
EARNINGS-Year ending June 30, 1898, gross, $29,516; net, $11,551;
other income, $4,890; Interest and taxes, $19,811; deficit for year,
^,370. In 1897, gross, $31,904; net, $14,304; other income, $4,980;
interest and taxes, $18,600; surplus for year $683.
Officers— Pres.,
Vice-President, H. Berghalt; Secretary and Treasurer, H. B. Westeott, Cortland, N. Y.
&
,
;
in 1898 (estimated)
AND in 1880
in
DALLAS CONSOLIDATED ELECTRIC
ST,
switches, 34 miles of track. Stock authorized, $1,000,000. A mortgage for $800,000 securing, it is understood, 20-year 5 per cent boadsi
was made in July, 1898, to the Union Trust Co. of St. Louis as trusts©,
All the authorized stock and bonds were in Nov.. 169P, reported tc»fe€!
outstanding as collateral for a loan. In March, 1899, property "was>
conveyed to E. J. Gannon, trustee, to secure a note for $365,000 liaM.
by J. B. Wilson, bearing 10 per cent interest and payable Sept 3&„
1900. At the same time the Queen City Road was conveyed in trrsk
to secure a note for $25,000, bearing 10 per cent interest, and ota&
Sept. 15, 1900. In this latter case the pledge is subject to the lien »J
the first note. Presid't, G. Van Ginkel; Vice-President, J. B. Wilsoaj
Secretary and Superintendent, Edward T. Moore.— V. 66, p. 185; Y.
67, p. 176; V. 68, p. 618, 670.
A
DALLAS & OAK CLIFF ELECTRIC RY.—
track.
trolley road. Chartered May, 1887. Operates 11 miles of
Stock, $20a,000. President, H. C. Scott; Vice-President, C. F. Carteij
Superintendent, B. F. Sibert.
RAPID TRANSIT RAILV/AY-A troUey road.
COTTAGE
CITY, MASS.
COTTAGE CITY STREET
RY.-A
trolley road.
Organization—Stock, ($100) $37,000, 1st mortgage, $25,000, gold
1895, 6 g., M-N, due May 1, 1915. Interest at International Trust Co.
Trustee. Boston. Dividends— 1894-95, 4 per cent; in 1895-96, 0; 189697, 4 P.O.; 1897 8, 0. Owns line 54 miles in length; sidings, ^ m.
Earnings— For year 1897-98, gross, $3,537; net, $14; charges
$1,995. Boston otHce, 21 Milk St., Boston, Mass.
Foreclosure— Was to have been sold at foreclosure March 2),
1899, but sale adjourned to May 12. 1899.
COUNCIL BLUFFS.
lA.— see
omaha.
COVINGTON, KY.
Population 1890 was 37,371
AND in 1870 WAS
;
CINCINNATI
R AI L WA Y-A
in
1880 was 29,720
24,,505.
NEWPORT & COVINGTON
trolley road.
Organization— Organized In 1892 to buy up and consolidate all the
roads on the Kentucky side of the river, opposite Cincinnati. See
particulars in Supplement for May, 1898.;
&
in Jan., 1899, to Dallas Rapid Transit
1898, to W. F. Thayer of Concord, N. H.—
V. 67, p. 1003. Capital stock $100,000; par, $100. First mortgage 5
per cent 30-year bonds, dated May 1, 1899, were authorized in 189&
to amount of $100,000, of which .$48,000 was to be used to pay Mr.
Thayer; Massachusetts Loan & Trust Co. is trustee. Has 13 miles of
track on 13 miles of streets.-V. 67, p. 1003, 1132.
Organization— Successor
Terminal Ry., sold Nov.
1,
NORTH DALLAS
trolley road, embracing, it
There are $100,000 of 6 p.
and on which no
interest
CIITCUIT RAILV/AY.-A
Stock $100,000.
30-year bonds owned by the stockholder*
being paid. President, R. A. Ferris.
is
said, 4 miles of track.
c.
is
DANBURY, CONN.
Population 1890 was 16,552; in 1880 was 11,666;
and in 1870 was 8,753.
DANBURY
BETHEL STREET
&
RY-
Organization.— Has a perpetual special charter, the only street car
company serving the city of Danl)ury and town of Bethel. Its line*
also extend to the Danbury Fair Grounds and the pleasure resort of
Lake Kenosha. The population served is e.Htimateil at over 30,000.
Stock
&
Bonds—
Miles.
Stock ($3'2:},()00,par$25)
1st M. $200,000, gold
Interest In Boston at
Date, interest. Outstand'g. Last div., ete.
8eml-an. $320,000
200,000
Trust Co., trustee.
1894 5g. M-N
Am. Loan A
Bee text.
Mayl,1914.
J
:
;
;
STREET RAILWAYS
34
DAYTON SPRINOFIELD & URBAN A ELECTRIC RAIL'WAY— (See Map on page 35.;—A trolley road.
Dividends In 1896, -m p. c; in 1897, 4 p. c; in 1898, 4 p. o.
Road—Trolley road in Danburj- and from Danbury to Bethel, etc.,
10-6 miles in all; sidings, etc., 55 miles; total, 11-15 miles.
Earnings— For 9 months ending June 30, 1898, gross, $42,827
net, $16,794; interest and taxes, $12,992; dividends, $12,800. Bills
payable June 30, 1898, $8,500. For year ending Sept. 30:
Gross.
Ket.
$62,483
651160
$26,771
23.414
Ijit.
Organization- Incorporated under the laws of Ohio to construct a
road from Dayton to Springfleld and Urbana, 38 miles. In 1899 completed and operating between Dayton and Springfleld, 26 miles. Rest
of line expected to be finished in October, 1899.
Maturity.
interest. Outstanding.
Date,
Stock
Bonds—
&
dHaxes. Dividends. Bal.,sur.
.......
$7.50,000
Stock, $7.^0,000
Nov. 1, 1928
750,000
1st M. ($750,000), gold, (1898 5 g, M-N
Int. at Continental Tr. Co., N. Y., Trustee.
$1,000, no option.... )
over entire line, following turnpike; 70Private
right
of
way
Road—
pasIb. T and 90-lb. girder rail; gravel ballast; 21 oars; freight and
$787
$12,800
$13,184
2,291
8.000
13.123
Officers— President, Samuel C. HoUey, Danbury, Conn.; Vice-Presideat, S. Harrison Wagner, New Haven, Conn. Directors— S. C. Holley,
Arthur E. Tweedy, Henry Bernd, M. H. Grifflng, M. McPhelemy, A.
W. Holley, all of Danbury; S. Harrison Wagner. New Haven.
1896-7,
1S95-6!
DANVILLE,
POPCLATION 1890 WAS 11,491;
senger traffic.
Officers— Prest., Fred. Colburn,
—V. 68, p. 330.
was
7,733.
DANVILLE OAS ELECTRIC LIOHT &
STREET RAILWAY.
Company estimated population in 1896 at 17,000.
Miles. Date, interest. Outstand'g.
Stock & Bonds—
Stock, $350 000
"^ $1^000^°^'^^*^'
^^ ^®^^
^*'^o*i
M-N
each May
6g.
Dayton, via Bellbrook and Spring
Considerable grading had, in 1898, been done between Dayton and
Bellbrook. It is said to have been purchased by the Dayton & Xenia
Traction.
Maturity.
$350,000
300,000 1899-1916
trolley road.
DAYTON TRACTION-A
The
Incorporated in 1893.
1, 1899-1906; $8,000.
J5o?if;.s— The bonds are due $7,000
19071915, and $172,000 in 1916; mortgage trustee is the American
Loan & Trust Company of Boston.
COMPANY'S Property— The company Jan. l, 1897, owned: 1. Gas
works operated under special charter and a perpetual franchise. 2.
An electric-light plant is operated under a 99-year franchise, with
capacity of 10,000 incandescent and 400 arc lights, with dynamos for furnishing power to street railway. 3. The entire street railway system
of the city, S^^ miles of track, " nearly all laid in brick pavement
running to three parks, the fair grounds, cemetery and railway
depots." Equipped within four years with 50 and 60 lb. Johnson T
rails, with 13 motor cars (general electric) and 3 trailers.
Earnings- Earnings for years ending April 30 were as follows
Oross.
,
Tear ending April
30—
Gas
Electric Light
Street Railway
Total
Net.
'
.
.
1897.
1896.
1897.
$18,771
54,726
28,735
$18,097
47,876
29,036
$7,514
29,974
7,561
1896.
$6,751
24,971
8,502
$102,232
$95,009
$45,049
$3,304
18,000
$40,224
$2,440
18,000
Taxes and insurance
Interest on bonds
$19,784
$23,745
Balance, surplus, for year
Officers— President, W. P. Cannon; Vice-President, A. C. Daniel;
Sec, Treas., Gen. Man. and Purch. Agt., E. X. Leseure.— V. 65, p. 1114.
DAVENPORT, IOWA.
Cincinnati &
Organization, Etc.—
from Miamisoperates
Ohio,)
Hamilton,
Miami Valley Traction Co. (see
burg to Hamilton, 26 miles, and has leased Dayton Traction, thus
forming a through line from Dayton to Hamilton. Lease runs for
999 years, from April 18, 1898, guaranteeing dividends at 2^ per
cent per annum to Jan. 1, 1899, then 3>fl per cent to Jan. 1, 1900,
'^ per cent per anthereafter increasing under certain contingencies
num up to 6 per cent, and to be 6 per cent without qualification after
Jan. 1, 1905; also Interest on $250,000 1st 5s and principal and interest of $50,000 debenture 63 assumed.- V. 66, p. 1237.
Stock
Organization—Incorporated in September, 1895. In Oct., 1898, a
controlling interest was acquired by a syndicate of Davenport, Rock
Island and Moline, la., men, who, it was said, would make extensive
improvements. V. 67, p. 802. On April 15, 1899, bought the Moline
Central Street Railway of Moline, 111. To make this purchase the
Tri- City issued $64,000 new stock, making total stock outstanding
$504,000. The Moline Central had $48,000 bonds outstanding, of
which the Tri-Clty bought $37,000 at par, but could not get the rest
at a satisfactory price.
Date, interest. Outstanding. Maturity
Bonds—
Stock
&
$504,000
630,000 July 1, 1901
(Part due yearly) to July 1, 1911
Dav. & R. I.,
J
$1,000,000($500 & $1,000) Int. payable inN.Y.atChaseNat. B'kand
in Chicago at 111. Tr. & Sav. Bk. Trustee
Road— Owns 46 miles of trolley road and one mile of horse road,
oomprising all the street railways in the cities of Davenport, Iowa,
and Rock Island and Moline, 111.—combined population over 70,000.
Earnings- For year ending Sept. 30, 1898, gross, $247,197; net,
6gJ-J
1st M., gold.. c*
1
,
$97,743; interest and taxes, $44,690; balance, surplus f oryear, $53,053.
Officers—President, Edward E. Cook, Davenport; Sec, Treas. and
Purch. Agent, J. F. Lardner, Davenport, la.— V. 67, p. 802.
DAYTON, OHIO.
Population 1890 was 61,220;
and
in 1870
was
in
1880 was 38,678;
30.473.
CINCINNATI HAMILTON
& DAYTON
steam motor road.
TRACTION
CO.— A.
Organization —Operates a rapid transit line, Hamilton to Middle,
town, with steam motors, for Cincinnati Hamilton & Dayton Ry.— "V
64, p. 82.
CITY
RAILWAY
CO.-A trolley road.
for 50 years from Feb. 8, 1892, and
April 19, 1893. In January, 1899, reported to have obtained control
of the Dayton & Western Traction Co. Consolidation of a number of
Dayton lines was said to be under consideration; no later information.
Date, interest. Ontstand'g. Maturity
Bonds—
Stock
5 p. c. $1,470,600 See text.
Com. stock, $1,.500,000 ($100)
6 p. c.
600,000
do do
$600,000 ($100)
Pref. stock,
1891
6 J65,000 Jan.l,'ll
Dayton & Soldiers' Home)
5 Interest at Chemical Nat. Banit.N. Y. City.
RR. 1st mortgage
Dividends— In 1897 there had been paid on preferred 6 per cent and
on common 5 per cent for several years. No later information.
R AD— Operates in all 26 miles of track, comprising 1 3 miles of double
track on Third Street, Fifth Street, Huffman Avenue, etc.
Officers— President, d. b. Corwin.
&
i
1896
interest.
Outstanding.
5g. J-J.
$250,000
250,000
Interest at Finance Co. of
•-
Tfelo^elrlyS
Penna
Last div.
Dec.31,'98,1%
July 1,1916
Phila., trustee.
Mar.
50,000
^g- M-S.
1,
1913
second track,
Connects at Miamisburg with CinoinDati & Miami Traction for Hamilton, Ohio.
Officers -President, John McMahon; Secretary, J. S. McMahon,
Treasurer, W. A. Stern.- V. 66, p. 1237.
Road—Dayton to Miamisburg, Ohio, 11^2 miles of road;
II4 miles; rails,
60 and 70
lbs.
DAYTON & V/ESTERN TRACTION-Trolleyroad.
Said to have been acquired by City Railway Company of Dayton.
Date. Interest. Outstanding Maturity.
«?TnrK ^ RoNoq00-000
A.-O
Stolk, $400,000 (par $100)
$f
400,000 Apr^l,1923
IstM., $400,000, g., ($1,000) 1898 5g. A.-O.
each), not subj. to call. .c* i Int. at Central Trust Co., N. Y., Trustee.
Road—Dayton, Ohio, to Eaton, 25 miles, operated from June 26,
p.
708.
trolley.
Organization— Incorporated in 1898 to build a 16mile road between Dayton & Xenia. There wiU be 3-70 miles of double track in
Dayton and one mile of double track in Xenia. Owns private right of
way the entire distance between the two cities, following the highway;
and franchises for independent lines in two cities have been obtained.
Construction under way in 1899. Stock authorized, $300,000; bonds
$300,000 25-year gold 58.
In 1899, was reported to have purchased the Dayton Spring Valley
&
Wilmington Electric.
President, Clement J. Ferneding; Treasurer, Philip A.
General Manager, J. M. Wilson, Dayton, Ohio.
Kemper,
RAILROAD-A steam
AVENUEtrack
HOME
Dayton extending
Operates 3
miles of
Road—
road.
to Na-
in city of
to Cincinnati Hamilton & Dayton BR.
1897) for 50 per cent of gross earnings, but
not to be less than 3 per cent on the $100,000 capital stock; par of
shares, $50. No indebtedness. President, W. P. Callahan.
tional Military
(lease
Home. Leased
made perpetual in
STREET RAILWAY-AJuly
OAKWOODFranchise
years from
runs
trolley road.
10, 1891;
franchise granted March 17, 1871. Owns 5 miles of double traok.
Capital stock authorized, $300,000. par, $50; there is no mortgage on
the property. Dividend of 1^4 per cent paid July 1, 1899. President,
Charles B. Clegg Vice-President, A. L. Stout; Secretary, V. Winters.
for fifty
Organization—
first
;
PEOPLE'S STREET RAILMTAY.-A trolley road.
Organization— A. consolidation in June, 1896. Riverdaleto Soldiers'
Home, 6-1 miles double track (old White Line), and on Wayne Ave.,
etc., 3-6 miles double track; total, 9-7 mUes of double track.
Maturity.
Date, interest. Outstanding.
Stock and Bonds—
$1,100,000
Stock. $1,100,000, $100
Ist mort., $500,000, gpld,^ ,097 5 g j-j
450,000 Jan. 1, 1927
($20())
Organization- Franchises run
Date,
DAYTON & XENIA TRACTION-To be
TRI-CIT Y RAIL^WAY-A trolley road.
I
Bonds—
g. ($1,000) as8..o*
;
ri891
&
Stock (par $100)
Istmtge. $250,0005
1898.— V. 66,
Population 1890 was 26,872 in 1880 was 21,831
AND in 1870 WAS 20.038.
Stock ($600,000 auth.)
Webb,
WILVALLEYroad.AND
DAYTON SPRINO To
Projectedfrom
trolley
be
a
TRANSIT—
MINGTON
Valley to Wilmington, 34 mUes,
ILL.
IX 1880
Springfleld, Ohio; Sec, J. G.
redeemable after ^ Trustee ifnion Sav. Bk.
Jan. 1, 1902
President, John A.
& Tr., Cincinnati, O.
3
McMahon.—V.
62, p. 1140.
XENIA RAPID TRANSIT.-To
be an electric road.
Proposes to construct an electric road between Dayton and Xenia. In
1899 filed a mortgage for $300,000 to the Fidelity Insurance Trust
& Safe Deposit Co. of Philadelphia. -V. 68, p. 431.
DECATUR,
ILL.
Population 1890 was 16,841; in 1880 was 9,547;
IN 1870 WAS 7,161, AND IN 1898 (ESTIMATED), 28,000.
CITY ELECTRIC RAILAVAY-A
trolley road.
Organization— Chartered in 1891. Franchise runs till 1911. On
Jan. 18, 1899, W. L. Shellabarger, Secretary, was appointed receiver,
and road is to be sold at foreclosure on Sept. 5.
O.U
*.-
m
^l^
O
>
to
STKEET KAILWAYS.
35
:
STREET RAILWAYS.
36
Stock
&
Bonds—
Date,
interest. Outstand'g
«tock ($300,000 authorized)
Maturity.
$175,000
125,000 Sept., 1895
175,000 Moh. 1, 1912
Preferred stock
text.
let M.($175.000 authorized)) 1892 Gj?. M-S
gold, $500, no option
Interest in default.
5
Road— 13 miles of trolley track.— V. 68, p. 129; V. 69,
p.
333.
Tears end. Sept. 30. 1897.
6I4
Aver. miles oper.
Gross
Net
I
8eo., F.
W. WaUace.
DES MOINES, IOWA.
DENVER CITY TRAMWAY COMPANY-and horse.
OrQANIZATION-— Consolidation in March, 1899, per plan in V. 67, p.
1262, of the Denver City RR. and the West End Street RR. (both sold
under foreclosure on Dec. 15, 1898), with the Denver Consolidated
Tramway. V. 6P, p. 281, 473. Also owns and operates the former
Colfax Ave. Electric, which was sold at foreclosure in February, 1899.
In July, 1699, the Denver Board of Supervisors repealed the so'Called blanket and perpetual franchise of 1885, under which the road
had rights as to unoccupied streets the question as to the power of
repeal is pending in the courts.— V. 68, p. 1023 V. 69, p. 228.
interest.
Outsland'q.
Maturity.
Stock and Bonds— Date.
;
;
Stock $5.000,000
$5,000,060
498,000 July 1, 1908
Consol. M., gold. c*&r. 1890
6
1,219,000 Jan. 1,1910
Met. St. RR. let, gold. .1891
6
953,000 Jan. 1,1911
Denver Con. Tramway) 1893
al, 167,000 Oct. 1,1933
5
Con.M.,$4,000,000,g < Interest at Mercantile Trust Co., N. Y., trustee.
Collateral trust notes... 1896
6 p. c.
$276,000 Oct. 1.1900
Purchase money mort. < 1899
5 g. A.-O.
1,486,000
Apr., 1919
gold, $2,000,000. ...X
Central Trust Co. to be Trustee.
a Including $417,000 held as collateral for $276,000 trust notes, to
toe turned into treasury on payment of latter; no more bonds can be
Issued under this mortgage.
The new mortgage is a first lien on the Denver City and West End
.properties and a lien on the Denver Consolidated Tramway junior
to its existing mortgages, to remain outstanding and be assumed ; interest began to run three months from the date when the new conpany obtained possession of the properties of the three companies.
Of the new 5s, $514,000 will be retained by the new company for a
new power house of sufficient capacity to operate the combined properties and to properly equip electrically the present Denver City R R.
and generally improve the respective properties. Abstract of Denver Consolidated Tramway consol. M. of 1896. V. 52, p. 354.
Road— Owns about 152 miles of track, of which electric lines, 118
imiles; cable lines, 30 m.; horse car lines, 4 m.
Earnings- The combined properties earned $1,147,151 gross In
1898.
Officers—President, Rodney Curtis; Vice President, Wm. N. Byers;
'Secretary, Wm. G. Evans; Treasurer, George E. Ross-Lewin.- V. 67,
ip.
6
g. J.-J.
g. J.-J.
g. J.-J.
g. A.-O.
1262; V. 68, p. 281, 473, 1023; V. 69, p. 228.
DENVER CITY RAILROAD-A
cable and horse road.
«old at foreclosure Dec. 15, 1898, and now part of Denver City Tram:
way. For plan of reorganization see V. 67, p. 1262.
DENVER CONSOLIDATED TRAMV/AYDenver City Tramway.
JJ^ow merged in
Road—June 30, 1898, owned 9864 miles of electric railway.
Annual Report—The report for 1897-98 was in V 67, p. 952.
Tears ending
June 30 -
1897-8.
1896-7.
1896-7.
$
$
^ross earnings.. 735. 588 714,419 Inter, on bonds.. 200,516
Ket earnings
284,031 289,024 Taxes
21,236
Jiisoel. receipts.
Total net
1,976
11,687
286.007
300,711
1895-6.
10,418
199,160
16,702
25,778
Balance, surp... 53,837
59,069
Miscellaneous...
COLFAX AVENUE ELECTRIC-A trolley road.
Sold at foreclosure
Feb., 1899, and
Denver
City
Tramway. -V.
now owned and operated by
the
67, p. 842, 1003.
DENVER LAKEWOOD
road
ROAD.—
&
OOLDEN
RAIL-
and steam road. Receiver Borst Is In
A trolley
charge of the property. Part of road was sold for taxes Nov. 1, 1894,
but suit to declare such sale illegal and void has been pending
«to«k,par ($100), $1,000,000 f. p.; tirst mortgage 6s of 1890, $627,000
Trustee, Farmers' Loan & Trust Co., New York. Embraces 27 miles of
-track, of which 22 miles are steam, Denver to Ralston, and 5 trolley,
Denver to Barnum. Year 1897-8, gross, $32,862; net, $4,314, against
^5,190 In 1896-7. President, Samuel Xewhouse.— V. 63, p. 228.
;
MUNICIPAL TRACTION
COMPANY.-Incor-
porated in 18£9 with a capital of $1,000,000 to build street railroads
in Denver in opposition to the existing lines recently consolidated. T.
S. MoMurray, ex-Mayor of Denver, Is President.
THIRTY-FOURTH AVENUE RAILWAY.RoaD— Embraces II4 miles of track
Boulevard and Stout
St.
on 34th Street between Colorado
Has stopped operating.
DERBY, CONN.
Population 1890 was 5,969; in 1880 was 11,650:
and in 1870 was 8.020.
DERBY STREET RAILWAY-A trolley road.
Organization— Chartered in April, 1888. Population of Derby and
Ansonia together was 16,310 in 1890.
Date, interest. Ouistatid'g. Maturity.
Stock & Bonds-
Stock, $250,000 ($25)
Istmortgage
Other del)t June
1894
6A-0
$1.50,000
150,000 Apr. 2. 1914
68,137 .......!..;...
Road— Owns road 589 miles in length andO-4mileof switches.
Annual Report— For 9 months ending June 30, 1898, gross, $35,487 net, $15,400 Interest and taxes, $11,406. Earnings havebeen
;
30,
;
1898
Population 1890 was 50,093; in 1880 was 22,408;
AND IN 1870 WAS 12.035.
1870 WAS 4,749.
Electrlc, cable
Denver Tramwavlst.g. 1888
1896.
$11,332
2,375
2,043
1897.
Interest paid.... $11,653
I
DENVER, COL.
IN
I
6H
$47,545 $55,852 Taxes
sr.3,046 def.584
17,074
12,791 Balance
Officers— Pres., H. Holton wood, Derby; Treas., Chas. E. Clark;
POPDLATIO.V 1890 WAS 106,713; IN 1880 was 85.629;
AND
1896.
DES MOINES CITY RAILAVAY-A trolley road.
Organization- A consolidation
Stock & Bonds— Miles. Date,
in 1893.
Maturity.
Outstand'g.
$1,055,000
W.8tk,6p.o.,non-cum
250,000
D. Mo. St. RR. IstM., 5 23
600,000 Oct. 1, 1899
1889 6g.A-0
gold, $1,000 each... X
yearly)
to Oct. 1, 1919
due
($25,000
Jan., 1906
300,000
Des Moines Sub Rv f 12 1890 6g.J-J
($20,000 due yearly) to Jan., 1921
Ist mor?ffnlfi '^oi^' J
^ 7.i\ Interest at Chemical National Bank, N.Y. City.
4i nSi eacn
f>=fpi?
»i,uuu
o
Wrustee, Iowa Loan & Trust, Des Moines.
D. Mo. City Railway ( 35
305,000 May 1, 1923
1893 6g.M-N
oonsol. mortg., $2,- \ Infest at N. w. Harris, N. Y. City; also Chicago.
000.000, gold
(Trustee, Illinois Trust & Savings Bank.
Bonds—Ot the consols sufficient are reserved to retire all prior bonds
as they mature; of the rest of the unissued portion the most is reserved
interest.
Stock
'
for extensions.
Road.— In February, 1899, was operating 40 miles
of track
on 31
oolles of street.
Tears eliding Dec. 31.
1898
1897
Oross.
Oper. exp.
Net.
$254,820
233,080
$176,210
154,783
$78,610
78,297
Officers— President, J. S.Polk; Secretary, A. G. Malsh; Treasurer
and General Manager, Geo. B. Hippee; Superintendent, W. G. Owens.
DETROIT, MICH.
Population 1890 was 205,876; in 1880 was 116,340;
AND IN 1870 was 79,577.
Gov.
Pingree eflForts have been making to bring
On the initiative of
the Detroit roads under municipal ownership, the Michigan Legislature having passed a bill for that purpose in March, 1899. But
various obstacles were encountered, and finally on July 5 the State
Supreme Court declared the whole scheme unconstltutloaal. Presl-.
dent Tom. L. Johnson of the Detroit Citizens was active in attempting
to carry theplanintoefl'ect, andon July 14 3 cent fares were announced
on the various roads as an " object lesson " of what might be expected
as the result of municipal ownership through the formation of the proposed "Detroit Municipal Railway." On July 21, however, the 3-cent
fares were abandoned. On Aug. 11 the Detroit Common Council
passed ordinances to compel the Detroit Citizens and the Detroit Fort
Wayne & Belle Isle companies to sell eight tickets for a quarter, the
Detroit Electric being already required by its charter to sell tickets at
this rate good until eight o'clock at night. V. 68, p. 670, 926, 1023,
1132; V. 69, p. 26, 79, 179, 381. The Detroit Citizens has brought
suit to restrain the enforcement of the ordinance.
all
CHICAOO DETROIT & TOLEDO RR.
road. Incorporated April 23, 1898,
to Toledo, O., 60 miles. Stock,
$500,000. Among the stockholders are John C. Schaflier, George D. P.
Robinson, T. 8. Mordant, D. E. Town, Chicago; Charles W. O'Brien,
Leopold Freund and Alex. E. Rlepelle, of Detroit.
Organization— Projected trolley
to build a line
from Detroit south
CITIZENS'
TRACTION CO-
Organization— Organized in 1897, and controls all the street railway lines in the city, viz., the Detroit Citizens' Street Ry., the Detroit
&
Belle Isle Ry
Electric Ry. and the Detroit Fort Wayne
The city has been trying to buy all the lines in Detroit under an act
of the Michigan Legislature, but the scheme has failed— see remarks
further above.
DETROIT CITIZENS' STREET RAILWAY.-
Map on page 37.)— A.
Organization— Chartered
{See
trolley road.
in 1891 and absorbed the Detroit City
Railway (incorporated May 9, 1863), the Grand River Street Railway
and the Hamtramack & Grosse Point railway companies. Also owns
the entire capital stock of the Detroit Suburban Railway and HigUand
Park Railway andoperates them under lease. Controlled by the
Deo 1898, the Wyandotte & Detroit River
was reported purchased by or in the Interest of the Detroit Cltl-
Citizens' Traction Co. In
Ry.
,
tens' Street Ry.
&
Bonds—
Outstand'g.
Maturity.
$1,250,000
Detroit City Ry. bonds ....
1890 IT J- J
1,000,000 Jan. 1, 1900
IT Interest 5 p. c, but 6 p. c. paid for option to retire before maturity.
River
Ry.
bond
1890
:J-J
150,000 Jan. 1, 1900
Grand
retiring before maturity
J Interest 5 p. c, but 6 p. c. paid for option of
DetroitCitizens'Street) ....
1891
1,100,()00 Oct. 1,1901
M., $3,000,000
5 Trustee, Washington Trust Co., N. Y. City.
1895 5g. J-J 4,335,000 July 1, 1905
IstCon.M., $7,000,000)....
'0 i Trustee, N. Y. Security & Trust Co., N. Y.
($1,000) gold
Guaranteed under terms of lease :—
1892
275,000 Nov. 1, 1903
Detroit Suburban Ry,) ....
1st M. .$400,000
S Trustee, Union Trust Co., Detroit.
140,000 Jan. 1, 1908
Highland Park Ry.... ) .... 1893 5 J-J
Ist M. .$250,000
S Trustee, Union Trust Co., Detroit.
B(mds—The consolidated mortgage is for $7,000,000 of gold bonds;
$2,665,000 are held by N. Y. Security & Trust Co., trustee, to redeem
outstanding bonds of like amount.
Road— Operates 105 miles of track.
Gross, $614,877; net, $287,304
Earnings- 6 months, ) 1899
Gross, 553,974; net, 262,872
Jan. 1 to June 30. 51898
Stock
Stock
Miles. Date, interest.
....
5A-0
5M-N
STREET RAILWAYS.
37
,
STREET RAILWAYS.
38
Tears ending Dec.30:
Oross.
Net.
Charges.
Bal.,sur'
1898
1897
1896
g!584,893
$1,196,487
$186,901
1,102,249
536,901
$350,000
1,040,545
437,739
Officers— President, Tom. L. JohnBon; Vice-President and Treasurer,
J. C. Hutchins; Secy.. A. E. Peters.— V. 63. p. 116 ; V. 64, p. 82; V. 68,
p. 670, 926, 1023, 1132; V. 69, p. 26, 79, 179, 384.
DETROIT ELECTRIC
RY.- (See Map page
37.)
Orqanization— Successor in August, 1896, to the Detroit Rail
Tray, which was incorporated under the laws of Michigan, and
operated under ordinances granted for thirty years from 1895 by the
Common Council of Detroit and the Township Board of Springwells
The Detroit Electric, the Detroit Citizens' and also the Fort Wayne
& Belle Isle are owned by the Citizens' Traction Co.
MaluHti
interest. Outstanding.
Date,
Stock AND Bonds.—
Stock. $1,000,000 (p.$100)
$1,000,000
Detroit
Railway—
lstM.,g. ($1,000) ,red.at( 1895
1912-1924
1,800,000
5g. J-D
103 on Deo. 1, 1898, on^ Tnistee, Cleveland Trust Co.; interest paid
0' <fer. (
62 miles
in New York City.
De/.£ie«. Con. M.. $2,800,- 5 1896
5g. J-D
$1,000,000 June, 1916
000, gold ($l,000).c.'&r. \ Cleveland Trust Co., trustee. As to Dec,
1897, interest, see V. 65, p. 1219.
Stock— Capital, $1,000,000, paid up; shares of $100 par value.
Bonds— First mortgage bonds for $1,800,000 have been issued on 62
miles completed and equipped. Bonds numbered 1 to 600 mature In
order of numbers at $50,000 per annum, beginning Deo. 1, 191?,
numbers 601 and above mature Deo. 1, 1924. There is a sinking fund
for bonds numbered 1,801 and upward. Consols for $1,800,000 are
reserved to retire the first mortgage bonds as they mature.
Road— System consists of two east and west cross-town lines, two
belt lines and route connecting northwesterly central and northeastern
portion of the city. Operates 62 miles of track with trolley.
Latest Earnings— 6 mos., ) 1899.. Gross, $206,531; net, $70,693
Jan. 1 to June 30.
64,?82
n898. .Gross, 193,687;net,
Earnings— For year ending Deo. 31, 1898, gross, $401,179; net,
$134,402. In 1897, gross, $394,213; net, $128,410. la 1896, gross,
$423,066; net over taxes, $136,589; int. (Including 6 mos'. int. on
consols), $115,000; bal., surplus for year, $21,589.
Officers— Pres., Albert Pack; Vice-Pres. and Treas., J. C. Hutchins;
Sec, A. E. Peters; Gen. Man., A. B. du Pont.- V. 65, p. 1219; V. 68,
p. 670; V. 69, p. 384.
DETROIT FORT ^VAYNE & BELLE ISLEOrqanization— Successor in 1898 to the Fort Wayne & Belle Isle.
Controlled by Citizens' Traction Co.
Stock & Bonds—
Date.
interest. Outstanding.
Maturita
Stock, par $100
$1,200,000
Ist M.,g.. $1,200,000.. c
1898
5g. A-O
1,200,000 Apr. 1, 1927
New mortgaire (N.Y. Security & Trust Co., trustee), is for $1,200,000,
of which $345,000 were issued to retire old 1st 68 on Apr. 1, 1899.
V. 68, p. 524.
Road— 25 miles of trolley track.
Latest Earnings- 6 months, ) 1899. ...Gross, $95,543; net, $38,555
Jan. 1 to June 30—
i 1898.... Gross,
87,678; net, 34,114
Earnings— For the year 1898 gross, $184,228; net, $74,439.
Officers— President, J. C. Hutchins; Sec'y, A. E. Peters. V. 66, p. 856;
'.
Has trackage over Detroit
zens in Detroit.
Electric in Springwells
In 1898 absorbed
and Detroit
Ann Arbor & Ypsilanti
&
Citi-
Ry.
Maturity,
El.
Date, interest.
Stock
Outstanding.
Bonds—
Stock, com. ($400,000)
$400,000
lstM.($60(),000), g. ($500) 1897 6g.M-N
Nov. 1,1917
600,000
or $1,000 each)
\ Interest at Union Trust Co.,Detroit, trustee.
Feb. 1, 1924
1899 6g.P-A
100,000
""tl&OO^tloo^iTl Interestat
Union Trust Co.,DetroIt, tiustee.
8.
tfau'ly ..
)
Of the consols, $600,000 are reserved to retire the I st 68, $100,000
have been Issued for improvements and $300,000 are reserved for
future improvements.- V. 68, p. 282.
Road— Completed and operated to Ann Arbor June 1, 1898. Total
road now operated, 43 miles.
Pres't, James D. Hawks; Sec'y, F. A.
HInchman. Office, Union Trust Building, Detroit.- V. 68, p. 282.
DETROIT PLYMOUTH & NORTH VILLE
RY.— To be a trolley road.
Chartered in 1898 to build an electric
road from Detroit through Wayne (there connecting with the Det. Y.
& Ann Arbor Ry.) and other towns and villages In Wavne County.
Wayne to NorthvIUe, 15 miles, operated in 1899.
interest. Out*Vng. Maturity.
Date,
Stock and Bonds—
Stock, $150,000
Jan.
150,000
l8t M., gold, $150,000 ($100 S 1898 6 g. M.-N.
May 1. 1918
(?)
and $500 each) s f. an'ly.*. .c \ Int. at Union Tr. Co., Detroit, Trus.
Officers— Pres., John A. Russell; Treas., J. H. CuUen; Sec. H. P.
Wickham.— V. 67, p. 274.
THE RAPID RAILWAY.-A
trolley road.
Organization—Chartered March 1,1894. Constructed and equipped
on steam railroad standard for pui'pose of making high speed. By
agreement between this company and the Citizens' Street Railway
Company, through cars are run between Mt. Clemens and the business'
centre of Detroit. Road was opened for business July 14, 1895. In
1898 the Rapid Railroad was organized to build an extension from Mt.
Clemens to Port Huron, Mich., 40 miles. See statement of that company below.
In Feb., 1899, acquired the Mt. Clemens & Marine
City Co.
&
Stock
Bonds—
Date,
Stock,par$100
Ist mortgage, $300,000,
0*
gold ($1,000)
S
^
interest.
Outstanding.
Maturity.
$250,000f.p
Mar. 1, 1915
1895
5 g. M-S
300,000
Int. at Finance Co. of Penna., Phlla., Trustee.
1896
5 M-N
See text
Consolidated mortgage, 5
( Int. at Finance Co. of Penna.,Phila., Trustee.
$600,000
The first mortgage covers the entire property and franchises, including fire-proof power and car houses. Of the consol. mortgage
bonds of 1896, $300,000 are reserved to take up the firsts, and the
balance is being issued for extensions and improvements.
Road— Detroit to Mt. Clemens, Mich., 17 miles of track. F.xtensions
and additions were contemplated In 1899.
Earnings—For year ending July 31, 1898, gross, $76,776; net, $41,882; interest, $15,000; balance, surplus, $26,882.
President, Cornelius J. Reilly; Treas., Charles M. Swlf t.—V. 63, p. 602.
RAPID RAILROAD—To be a trolley road.
Organization.— Incorporated In 1898 to build an extension of the
Rapid Railway from Mt. Clemens to Port Huron, Mich., 40 miles, via
The connection
St. Clair Flats. Algonac, Marine City and St. Clair.
summer
now
V. 68, p. 524; V. 69, p. 384.
with
DETROIT LAKE SHORE & MT. CLEMENS
RAIL WAY— A trolley road.
by boat, will be by bridge and embankment across Anchor Bay, for
which the U. S. War Department has issued a permit. Stock, $1,000,000.
Officers— President, C. J. Rellly Treasurer, Charles M. Swift.
^
Organization—Chartered in 1897. Road operated from Oct. 1, 1898.
Stock & Bonds—
Dale.
interest. Outstand'g.
Muturilv.
Stock, $300,000 (par $100)
$300,000
^''^tJ^i^y i- 1927
Ist M., $260,000
\ }^V . ^T%~i~-^- c ^®^
< 1°*- »* N. Y. Sec. & Trust Co., N. Y., Trus.
*
., j^^.^ r/
let
con. M., $350,000, M.Corvo
,
,, »r
-N. «
See text.
May 2, 1928
($1,000 ea),s.f, $5,000 \ }^f^ ,
annually after i902..^I°t^tN- Y. Sec. & Tr, Co., N. Y., Trustee.
Of the 1st con. 58 $260,000 have been reserved to take up the 1st 6s.
In Feb., 1899, the Co. reported that no bonds of either issue were
held by the public.
Road. Detroit to Mt. Clemens, 17 miles; trackage within Detroit
city limits over Detroit Citizens' Ry., 8^^ m.; total operated,
25>a m.
Officers— President, Merrill B. Mills; Sec, Tliomas N. Fordyce;
Treasurer, E. F. Ranney.
-.
^^-M
DETROIT &
NORTH^VESTER]Sr ELEC-
TRIC -TroUey.
.
Proposes to build a system of 60 miles, of which completed Detroit
Grand Rapids and Sand Hill, 12 miles, and from Orchard Lake to
Pontiac. Has filed a mortgage for $900,000. Stock, $500,000,
to
DETROIT & PONTIAC RY.-A trolley road.
ORQANIZATION-Charteredin 1897; successor of Oakland Ry.
Flr.st mortgage is for $500,000 of 5 per cent gold bonds of
1897, due
Feb. 1, 1922, (trustee, Washington Trust Co., New York), of which
$300,000 for debts and the extension of its lines from the present
*erminus at Birmingham, Oakland Co., Mich., to Pontiac, balance for
double track or enlarging power house. 19 miles; all issued. Stock,
$500,000; all outstanding. Pres., Geo. Hendrie; Sec. and Treas., Strathearn Hendrie.
OJHce,
Hammond
Building, Detroit.
DETROIT ROCHESTER ROMEO & LAKE
ORION-Trolley.
A projected road of 44
run from Royal Oak to Rochester,
and extending to Romeo and Oxford. Gold mortgase $600,000, in
denominations of .$500 and $1,000, dated July 1,1899, 20-year, at 5
p. c Union Trust Co. of Detroit, trustee.
President, John Winter;
miles, to
Secretary, Isaac N. Payne.
DETROIT YPSILANTI & ANN ARBOR RY.Organized in 1897 to build
a road from Addison
OrQANIZATION—
Ave. In Springwells to the Michigan Central Depot in Ann Arbor.
St. Clair Flats,
a favorite
resort,
accessible only
;
WYANDOTTE & DETROIT RIVER
RY-
Road, Securities, Etc.—Trolley, lo^a miles of track, in Deo.»
1898, reported purchased by or In the interest of the Citizens' Ry.
Stock authorized, $250,000; Issued to Dec. 31, 1898, $200,000. In Dec,
1898, made a mortgage to the Union Trust Co. of Detroit to secure
$425,000 20-yearbonds, dated Deo. 1, 1898, of which sufficient are
reserved to retire the outstanding $200,000 bonds, maturing 1903;
balance for Improvements. For year ending Dec. 31, 1895, gross,
$35,407; net, $12,725.
Officers— President,
J. C.
Hutchiiis.
DOVER,
N. H.
POPULATION 1890 WAS 12,790; IN 1880 was 11,687;
AND IN 1870 WAS 9,294.
JJNION ELECTRIC RY.-A trolley road.
Organization- Reorganization in 1897
Date,
interest.
Stock & Bonds—
of
Union
St. Ry., foreclosed.
Outstanding.
Maturity,
$100,000
Feb. 15, 1917
100,000
5 g.
IstM., $100,000, gold.. 1897
Road Owns road 8 miles long, parallelling a steam road and con
necting Dover with Somersworth. For year ending June 30, 1898, gross
Stock, $100,000
—
President,
earnings, $34,846.
Hough. -V. 62, p. 1140.
Sumner Wallace; Treasurer, Harry
DUBUQUE, IO^VA.
POPBLATION 1890 WAS 30,311;
AND
IN 1870
WAS
IN 1880
18,434.
WAS
22,254;
DUBUQUE LIOHT & TRACTION CO.ORGANIZATION— On December 1, 1894, placed in hands of receivers,
and June 13, 1899, sold at foreclosure to the General Electric Co.
Scheme on foot to unite all the lines in Dubuque.
Road— Operates 10^2 miles of track in the city of U ubuque, Iowa,
extending to West Dubuque and to Stewart Park.— V. 68, p. 84, 1180.
DUBUQUE STREET RAILWAY-A
1890. I« July,
trolley road.
1899, sold to
Organization— Incorporated April 25,
a syndicate of capitalists headed by E. E. Lineham and W. S. Molo
and niinola Trust & Savings Bank of Chicago are said to be interested.
STREET RAILWAYS.
&
Date, interest. Outstanxfa,
Maturity.
Stock
Bonds—
Stock, $500,000
$375,000
l8toon.M.for$250,000,gold.c* 1891 6g. J-J Feb.'9S,noue Ju.1,1911
Trustee, Illinois Trust & Savings Bank, Chicago.
Road— Owns 15 miles of track on 9 miles of street.
Officers— President, C. Rliomberg; Secretary, C. H. Meyer; Vice-
President and Superintendent,
J.
H. Rhomberg.
39
Officers (Nov., 1898)— President, Julius
S. Walsh; Vice-President,
Bryan; Secretary, C. K. Walsh; Treasurer, F. C. Daab. Directors,
Julius S. Walsh, E. P. Bryan, C. K. D. Walsh, H. D. Sexton, F. C. Daab,
E. P.
James Hanna and
C. T. Jones.
MISSISSIPPI
V. 69, p. 179.
VALLEY RY-To be a trolley road.
Organization-Incorporatedln 1898
to build
two
lines
from East
Louis through Venice, Madison, Granite City and East Alton to
Alton, 111., and from East St. Louis tlirough Collinsville and Edwardsville to Alton, in all 20 miles.
In August, 1899, construction work
was about to begin. President, Charles E. Carroll; Vice-Pres't, John
A. Mehling, Sec. and Treas'r, August Holthaus, St. Louis, Mo.
St.
DULUTH, MINN.
Population 1890 was 33,115: in 1890 was 3,483;
AND IN 1870 was 3,131.
DULUTH STREET RAILWAY-A
Organization- Organized under act
of Minnci^ota
trolley road.
approvedNov.
&
ments and extensions.
Receiver—In July, 1898, President L. Mendenhall was appointed
receiver preparatory, it was said, to reorganization. V. 67, p. 73.
Aug. 1, 1899, no suits for foreclosure had yet been begun.
Road—System.—The system embraces 28-84 miles of single track
surface and l^e miles elevated incline road; whole road is doubletracked; also operates 13-4 miles (see below) for land companies. See
Duluth-Superior Bridge items, V. 63, p. 310, 504. Operated for land
companies; Lakeside St. Ry., 7-44 miles of track, and Motor Line
Improvement Co., 596 miles of track.
f 1898-9... .Gross, $215,856; net, $102,193
Earninqs—12 months, J 1897-8
Gross, 201,840; net,
98,421
July 1 to June 30.
11896-7
Gross, 202,031; net,
91,876
[1895-6
Gross, 219,927; net, 120,865
Officers— President, L. Mendenhall; Secretary and Treasurer, T. W.
Hoopes; Gen. Manager and Purchasing Agent, H. Warren. V. 66, p. 7 3.
MINNESOTA POINT STREET RY .-Horse road.
Organization—Chartered in
1887; franchise runs tiU 1937, with
exclusive rights on Minnesota Point, 6 miles. In April, 1897, the
company made an assignment to Paul Sharvy, being unable to pay a
note of $8,700. Stock, $51,000 paid in full and $6,720 of 40 per cent
paid. No mortgages, but a small floating debt. Owns 314 miles of
single track and ^ mUe of sidings 24 Ib.J rails 16 horses.
;
;
MOTOR LINE IMPROVEMENT.-A
trolley road.
Organization— Chartered in 1890 for 30 years as a real estate company and only uses its road, which is operated by the Duluth Street
Hallway Company on a mUeage basis, to reach its property.
Stock— Has an authorized capital of $300,000; par, $100, of which
$150,000, full paid, is outstanding. First mortgage 7s of 1892, gold
C*; authorized $200,000
issued $192,000. Interest is in default and
mortgage has been foreclosed. Bonds cover road and 4,000 acres
of land. Trustee, A. B. Macfarlane. RoAD-Owned 596 miles of track.
Officers— President, G. G. Hartley; Vice-President, J. D. Strykei
SecreUry, T. W. Hoopes Treasurer. A. R. Macfarlane.
;
;
EAST LIVERPOOL, OHIO.
POPDLATION 1890 WAS 10,956; 1880 was 5,568;
AND IN 1870 WAS 2.105.
EAST LIVERPOOL RAILWAY.-A trolley
road.
Organization.— A reorganization in May, 1897, of the East Liverpool & Wellsville Street RR., sold by sheriff. In 1898 population of
East Liverpool was said to be 14,000 and of Wellsville 7,000.
Date InUrest. Outstand'g.
Maturity.
„ Stock & Bonds--
Stock. $300.000
"6300000
lstM.,g.,$15L»,000($500ea.) <
5g. J-D
150.000
"l9i7""'
Not, subject to call.
I Int. at Boston Safe Dep.&Tr.Co.,Tru8tee.
2d (mcomp) M., $150,000. ... <
5g. Sept. $150,000
1917
($500 each.)
( Int.at Boston Safe Dep.4Tr.Co.,Trustee.
Road Operates 9^4 miles of track. Pres John B. Hoefgen —V. 64,
p. 287.
—
.
_
EAST
PorPLATioN
EAST
ST.
The $150,000
IN
ST. LOUIS, ILL.
1890 WAS 15,169; IN 1880 was 9,185;
AND IN 1870 WAS 5,644.
LOUIS ELECTRIC STREET RR.
were paid off Aug. 12, 1899, leaving
the consolidated mortgage the only lieu on the property.
Date, interest. Outstanding.
Maturity.
Bonds—
_ Stock
Stock paid in in 1894
$.j:{6,000
Consol. M. $.500,000, g..
1893 6 g. F-A
290,000
Aug. 1, 1908
Interest Is payable at Mississippi Valley Trust Co., trustee, St. Louis.
ROAO— Said to operate 14 miles of track. Operated from March 1,
1897, by the Terminal RR. Assn. of St. Louis, which purchased the
entire capital stock for $210,000.
Earnings— For calendar year 1898 gross, $118,652; net, $46,197;
Int., div., etc., $39,026; sur., $7,171.
In 1897, gross, $95,809; net
$31,429.
•
&
1st mort>:a^'e 6s
EASTON, PA.
17,
1881, and possesses " an exclusive franchise," doing the entire street
railway traffic of the city. Thomson-Houston system. 60 lb. T and 45
lb. girder rails. The Duluth St. Ry. has the right to purchase the
Lakeside St. Ry. (which is now operated) at any time for cost. Population in 1895, by local census, was over 60,000. The Duluth-Superior
Bridge at West Superior is used by the railway, but is a separate corporation, and has issued first mortgage bonds for $650,000 and second
mortgage bonds for $300,000—see bridge items. V. 63. p. 310, 504.
Date, interest. Outstand'g.
Stock
Bonds—
Maturity
Capital stock
$2,000,000
July, 1898, int. in default.
1st oonsol. mortgage
1890 6 J-J
100,000 Jan. 1, 1920
1S90 5 J-J
900,000 Jan. 1, 1920
do
do
J
< Jan., 1899, interest in default.
^
Consol. mortgage, gold
)
1894 5gJ-J
1,039,000 July 1, 1924
$2,500,000 ($1,000).... 0* 5 Jan., 1898, int. in default.
The consol. mortgage of 1894 is for $2,500,000, of which $1,000,000
reserved for prior liens and $500,000 held in trust for future better-
Population 1890 was 14,481; in 1880 was 11,924;
AND in 1870 was 10,988.
EASTON CONSOLIDATED ELECTRIC.
Consolidation in 1899 of the Easton Transit Co. and the Edison
Illuminating Co. of Easton. In May, 1899, bought the Easton Palmer
& Bethlehem.
Stock &, Bonds— stock authorized is $1,500,000, on which 20 per
cent has been paid in. Dealt in on the unlisted department of the
Philadelphia Stock Exchange.
Dale.
Interest. Outstanding.
Maturity.
20% paid in
Stock, $1,500,000; par, $50
5g.M&N
880,000
May 1,1949
Collateraltrust, g., c.*l,-s 1899
300,000 ($1,000, $500) ( Int. at Girard Trust Co. (Pliil.), trustee.
The collateral trust bonds have no sinking fund, and are not subject
to call. Of the total issue of $1,300,000, $420,000 is reserved to take
.
up the $300,000 Easton Transit bonds, $60,000 Penn. Motor bonds,
and $60,000 Easton & Beth. Transit bonds. Issue is secured by a
pledge of $287,500 (out of $300,000) stock of the Easton Transit Co.
11,500 shares of Edison Illuminating stock, 1,900 shares of Pennsylvania Motor stock and 2,140 shares of Easton & Bethlehem Ti'ansit
stock.
Road—Including the Easton Transit and Easton Palmer & Bethlehem, operates about 36 miles of track, being the entire street-railway system of Easton, South Easton and Philipsburg, with the line
from Easton to Bethlehem.
Officers—President, WllUam Hinckle Smith; Secretary, Chas. K
Chaunon, both of Philadelphia. V. 68, p. 524, 670, 976.
(1)
EASTON TRANSIT—A trolley road.
Organization— Chartered June 30, 1892. Franchise Is perpetual
and gives exclusive rights to operate street railway In city. The Pennsylvania Motor Co. and Easton & Bethlehem Transit are leased for
$3,600 each yearly, being interest on their bonds.
In 1899 purchased by Stern & Silverman of Pliiladelphla and now
controlled by the Easton Consolidated Electric Company.
Bon DS— Miles. Date, interest. Outstand'g. Last Div.,<6c
Stock
See text.
$300,000
Stock, par,$50
1922
5 A-O
300,000
L. <t,r.f,nnnnC 11^2 1892
,
Jq^^ to Call at 103 in 1897 and redeem, after
^"^SnA'ttinnviv;^ Subject
&
.
g.,$200&$500.c&r^
1^ ^9Q2.
Interest payable at Easton Trust Co., Trustee.
Leased Lines—
Apr. 1, 1941
60,000
3 1881
6 A-O
D
*„..r.„
isi jm..,. ?
Motor
oo. lativT
Pa. M
^ L^cka. Tr. & Safe Dep. Co. (Scranton), trustee
4-1 1894 6
Aug. 1, 1924
60,0C0
Easton & Bethlehem)
Transit Co. Bonds s E. P. Wilbur Tr. Co., trustee; red. aft. Aug 1,'04
Dividends— For 1895-96, 3 p. c; for 1896-97, 3 p. c; for 1897-8, nil.
Road—Track 1912 mUes, including:
Miles.
Leased Lilies—
Miles.
Pennsylvania Motor
3
9
Track owned In fee
Easton & Bethlehem Transit. 3
Entire stock owned
2
Phillips., N.J.,Horse Car Co. 213 Weygadt Mt. RR
For year ending June 30, 1898, gross, $125,186; net, $45,169; taxes.
$3,350; interest. $21,355; rentals, etc., $9,470.—V. 68, 524, 670.
I
|
|
(2) EASTON PALMER & BETHLEHEM ELECTRIC RY.
In May purchased by the Easton CoDSolldated Electric.
Organization-Chartered in 1898. Trolley line 11 miles from
Easton via Butztown, Farmersville and Altouah, of which 6*9 miles
on private right of way; opened Nov. 6, 1898. Owns 10 acre park at
Farmersvllle. Stock, $100,000 common and $100,000 6 per cent preferred; all outstanding; par of each, $50. Bonds, $200,000 1st 20-year
gold 5s, all outstanding, due Dec. 31, 1918. int. J&J, at United States
Mortgage & Trust Co., New York, trustee.
EAU CLAIRE, WIS.
Population 1890 was 17,415; in 1830 was 10,119;
and in 1870 was 2.293.
CHIPPEWA VALLEY ELECTRIC
Stock& Bonds—
Date,
interest.
RY--
Outstanding.
Last Div.
Jan.l5.'99,
$200,000
6 J-J
Stock, $200,000; par $100
200,000
Oct. 1, 1918
First M.. $200,000 gold / 1898 6 g. A-O
($1,000 each) not sub. call i Int. at Mass. L. & Tr. (Do.. Boston, Trustee.
Road— Owns trolley road Eau Claire to Chippewa Falls, Wis., 12
miles; Eau Claire, 8 miles Chippewa Falls, 2 miles; total, 22 miles.
Owns 14 miles right of way; exclusive 30 years franchise at Chippewa Falls and SOyear franohlso at Eue Claire. Road opened Sept. 2,
1898.
President, A. E. Appleyard, Boston, Mass.; Supt., J. B. Harrlgan,
;
Eau
Claire.
ELGIN,
AND
in
ILL.
IN 1880 WAS 8,787
1870 5.441.
POPDLATION 1890 WAS 17,823
;
:
ELOIN CITY CARPENTERSVILLE & AU-
RORA RAILV/AY.— A
light plant.
trolley road. Also owns an electricPopulation of Elgin (school census) 1896 was 22,000.
Organization, Etc.— a consolidation
lu 1897.
-
;
;
:
STREET RAILWAYS.
40
Stock
dk
Bonds—
Miles.
Stock ($500,000 author'd)
RloHn City
f^tvRvlot \rnrt
Blgln
Mort..
Ri Ist
.
C. E.
;
.
A A. Ist mortgage
5
\
niv., etc
Date, interest. Oiitstand'g.
6%
$500,000
200,000
in '97
1907
1897 5 F-A
interest at Farmers' L.& T. Co.. N. Y. City.
13
100,000
o.; in 1896, 6 p.
Dividends— 0\^ companies each in 1895 paid 6 p.
o.
1898 6 p. c.
track in Elgin (40 and 45-lb. T and girder
rails), and 18 miles to Dundee, Colemsin, Geneva, etc. (60 and 65 lb. T
rails)
total track, 30 miles. President, William Grote; Secretary;
A. B. Church; Treasurer, E. D. Waldron.
New company in 1897 and
Road— Owns 12 miles of
;
ELIZABETH,
N. J.
Population 1890 was 37,764; in 1880 was 28,229;
AND IN 1870 WAS 20,832.
ELIZABETH STREET R AILW A Y-A horse road.
arranged to substitute trolley for horse
Stock Jan. 1, 1899, $50,000; unfunded debt, $50,514; total
cost of road and equipment, $100,514. Owns 312 miles of track. In
September, 1898, paid $250,000 for a franchise along Westfleld Are.
to Plaintteld, the new line, 1 2 miles, to be equipped electrically and
connected with the present Elizabeth system, which is to be cod.
verted Into a trolley line, provided proper terms can be arranged. V,
67, p. 370. In year 1898 gross earnings, $9,834; expenses, $15,981;
balance, deflcit for year, $6,087. Treasurer, Edward C. Woodruff.
Earnings—Jan.
845
1 to
Dec
31, 1898, grosa, $144,400, against $140»-
in 1897.
Annual Report— For year ending June 30,1898,
gross, $141,947;
$36,339; interest and taxes, $32,764. In year 1896-7, gross,
$140,805; net, $35,391.
Officers— President, J. S. Casement, Palnesville, O; Secretary and
Treasurer, J. L. Sternberg, Erie. Office, 202 State St.
net,
ERIE RAPID TRANSIT STREET
RY.-Tobea
trolley road.
Incorporated in June, 1898, to build 20 miles of electric
road In Erie. Stock, $300,000. In Jan., 1899, all franchises and rights,
of way were reported to have been obtained; contract to build road
awarded to Walker <fe Son of Philadelphia, work to begin in May. President, E. T. Walker, Phila.; Secretary, G. D. Howell, Phila.; Treas.,
Isaac Walker, Phila.; General Manager. L. G. Chase, Erie.
Organization— Has
power.
ELMIRA,
N. Y.
Population 1890 was 29,708 in 1880 was 20,541
AND in 1870 WAS 15,863.
RY. -Mostly troUey.
OrQANIZAT ON— In 1892 the entire $380,000 capital stock was purchased by the Elmira Municipal Improvement Co which operated the
gas works, electric-light plant and water- works In Elmira.— V. 61, p.
;
ELMIRA & HORSEHEADS
ESCANABA, MICH.
Population 1890 was 6,808 in 1880 was 3,860
and in 1870 was 1,370.
;
ESCANABA ELECTRIC RY
Organization, Etc.—a reorganization in 1898 of the Esc. Elec. St.
Ry. Improvements will be made and also connection at Wells with
the Soo lines. Extension is also proposed to Gladstone. Owns 4 miles
of track. In Jan., 1899, 312-mile extension reported to be proposed.
Stock, $50,000; all paid in. No bonds. For the year ending Dec. 31,
1895 (old company), gross, $5,070; def. under operating, $494. 4 mos.
ending Dec. 31, 1898, gross, $2,029; net, $162. President and Man.,
A. R. Moore; Secretary, I. C. Jennings; Treasurer, Edward Erickson.
,
EVANSVILLE,
749.
Population 1890 was 50,756
Road— Includes Elmira & Horseheads
Water
St.,
Ry., 9*05 miles owned: West
2-424 miles, and Maple Ave., 1*85 miles, both leased; total,
14-324 miles.
Income Account FOR 1898.— Gross earnings from operation, $60,394; income from other sources, $1,775; total income, $62,169 operating expenses, $64,164; otlier charges, $5,161; total expenses,
$69,325 deficit for 1898, $7,156.
Officers— President, Carl G. Rasmus; Vice-President, H. E. Duncan Secretary and Treasurer, James M. Diven.
;
;
ELMIRA MUNICIPAL IMPROVEMENT COMPANY.
In December, 1897, the Guaranty Trust Co., New York, brought
suit to foreclose the Improvement Company's mortgage of 1942, under
which $1,461,000 bonds were outstanding, and H. A. Murray, Treas. &
Secy, of Guar. Trust Co., was made receiver of the Improvement Co.—
V. 65, p. 1071. In Dec. 1898, a reorganization committee, with George
W. Young as Chairman, prepared a reorganization plan by which
after foreclosure, a rew company, probably to be called the ELMIRA
WATER LIGHT & STREET RY. CO., will issue the following securities:
Proposed Securities of
Date.
New Companx.
Interest.
Stock
ElmiraWat.WorkslstM
New
1st M., $2,000,000
^
gold
Outstanding.
$1,000,000
339,000
1913
1,461,000 Jan. 1, 1949
6
1899
5
Maturity.
g. J.-J.
Subject to call at 105 and interest.
1,200,000 Called at 100
to retire at maturity the first
mortgage bonds of the Elmira Water Works Co., due 1913, and $200,000 for extensions and Improvements.
Consol. 58 will receive per $1,000 principal of old bonds, $500 n
(
2dM.lncome4%
1899
Of the new 1st Ss, $339,000 reserved
new
$500 in incomes and $100 in new stock. Funded and
unpaid coupons will receive 100 per cent in second mortgage incom'S.
The $1,000,000 old stock is assessed 10 per cent and receives 10 per
cent in new first 58 and 50 per cent in new stock. In August, 1899,
over $1,400,000 of bonds had been deposiled with the United States
Mortgage & Trust Company under the plan.
Earnings-The fixed charges of the new company will be $93,390.
The present earnings, as showu below, it is thought, wiU be increased.
first Ss,
Tear.
Gross.
1898
1897
$282,037
275,338
WEST
Stock
&
Net.
Taxes.
$119,03R
115,382
$15,481
14,571
Date,
interest. Outstand'g.
Net
15,443
17,322
ERIE, PA.
Population 1890 was 40,634;
AND IN 1870 was
in 1880
19.646.
was 27 737;
ERIE ELECTRIC MOTOR CO.ORQANIZATION -Chartered October 8, 1888. This company leases for
999 years the Erie City Passenger Railway at 6 per cent on its stock,
having secured a controlling interest in its stock. Population in 1895
•was said to be 52,000. Bills payable, etc., June 30, 1898, $145,858.
Stock
& Bonds—
Miles.
Date.
Interest.
Outst'dina. Maturity
$700,000 f .p.
1889
J 200,000
Jan"l"i919
c. S Interest at Cent. Trust Co., trustee, N. Y. Cltv
($1,000), gold
2d mort'ge ($150,000) >.... 1889 6g. J - J $1.50,000
Jan. 1, 1919
Stock ($700,000) ($100)
Ist mort'ge ($200,000) >....
($1,000), gold
c.
S
6g. J -
Interest at Cent. Tru.st Co., trustee, N. Y. Citv
"
Erie City Pass'gr Ry.—
Stock (rental 6 p. c.)
6 p.
c.
$100,000
mortgage
6 A-O
25,000
Oct. 1. 1913
.Bonds- The bonds are not subject to call before maturity.
Road— On June 30, 1899, was operating 21 miles of track on 18 mllea
of street, and holds perpetual trackage rights in all the city streets.
Ist
21.830.
Organization— Chartered In May, 1866. On Apr. 14, 1899, H. D.
Morgan was appointed receiver. V. 68 p. 722.
Stock & Bonds— Miles. Date. Interest. Outstand'g. Maturity.
,
Stock
$500,00()
2712 1892 6g.J-J abt.850,000 Jan. 1, 1922
gold
< Interest at Chemical National Bank, N. Y. City.
Road— Owns 27^2 miles of trolley track. Rails 56 and 60 lbs. Westinghouse system.
Officers— Treasurer. Thob, S. Krutz. Mills Building, New York City.
Ist M., $1,000,000,
<
EXETER, N. H.
1880 was
EXETER HAMPTON & AMESBURY
Population 1890 was 4,284;
RY.—Trolley.
in
3,569.
ST.
a consolidation of the Exeter Street RR.
the Hampton & Amesbury and the Rockingham Electric.
In
June, 1899, applied to the New Hampshire State Railroad Commissioners for authority to issue $225,000 stock and $225,000 bonds.
The Exeter Street Railway was opened August, 1897. In October,
1898, it took a 10 years' lease of the Hampton & Amesbury Ry. Extension from Exeter to Epping. N. H., 7 miles and Hampton Beach to
Rye undertaken. President, Warren Brown, Hampton Falls: C. E.
Hollander, Treasurer, Boston.— V. 68, p. 379, 107f
This
is
FAIRHAVEN, V/ASH.
NORTHERN RY. & IMPROVEMENT CO.Northern
Ry. & Improvement
OrQanization— In Api'il, 1898, the
became the owner of the Fairhaven & New Whatcom Railway,
which was sold at auction in April, 1897. Stock, $200,000. Bonds, au-
Co.
thorized, $200,000; issued, $80,000. Old Colony Trust Co., Boston,
Trustee. Operates I8I2 miles of trolley track, including 3 miles leased
from the Bellingham Bay Electric Railway Co.
President,
MitcheU; Sec. and Treas., C. N. Huggins.— V. 66, p. 810.
S.
Z.
FINDLAY, OHIO.
Population 1890 was 18,553 in 1880 was 5,553
AND in 1870 was 4,073.
;
Maturity.
11,557
16,878
Charges
H. Hallock.
was
EVANSVILLE STREET RR. -A trolley road
$103,555
100,811
Stock, $300,000 ($100)
$105,000
f.
let mortgage, g., $300,000..
1894 5g.A-0
300,000 Oct. 1, 1914
Road— 8-5 miles of single track
1897 8. 1896-7
Earnings—
and 0-92 mile sidings, etc.
Gross
$51,364 $56,421
Officers— Pres't, C. M. Tompkins; Sec, P. V. Bryan; Treas., H.
IN 1870
IND.
1880 was 29,280
Bat. for int.
SIDE RAILROAD.-A trolley road.
Bonds—
AND
in
;
FINDLAY STREET RY.-A trolley railway.
Organization— Chartered in September, 1887. Grants are for 25
years from 1887— rates of fare embodied in ordinance, 5 cents. Council
reserved right to charge $5 per annum per car operated. Has no
paving to do, but must keep portion between rails In repair so long as
horses are used. On June 22, 1899, received from the city of Findlay
and Hancock County Commissioners a franchise for 25 years from
that date, conditioned on the extension of the line 2 >« miles, which
will be done. Bonds will be issued to build the extension.
interest. Outstanding.
Maturity.
Date,
Stock
Bonds
$150,000 f. p
Stock, $20,000 (par. $25)
May, 1911
lstmort.,$150,000, gold. ) 1895 5 g. M-N 116,000
$1,000, not .subj. to call. ] Int. at Cent. Tr. & S. Dep. Co., Cincinnati, O.
Bills payable June 30, 1899, $35,000.
Earnings— For year 1898 net was $12,127.
Road— Main line 4^2 miles double track, operated by electricity.
Officers— President, Geo. B. Kerper; Sec, J. A. Bope; Treas.,
C. D. Kinney General Manager and Purchasing Agent, C. F. Smith.
—
&
;
FISHKILL-ON-THE-HUDSON,
Population
in 1890 was 3,617; in 1880
and in 1s70 was 2,992.
was
N. Y.
2,503:
CITIZENS STREET RAILWAY. -A trolley road.
Organization— Opened
to traffic
August
27, 1892.
STREET EAILWAYS.
000^ to receive
Stooi, $75,000, par $100.. $75,000
75,000
Ist mortgage 6s,
(Due 1912, optional after 1897.)
M&N
Earnings—Year ending June 30.
Leased Line —
Flshkill Eleo. Ist M., 68,
of 1895. due 1915
Road—Ovrns
and
^.^ onn Gross
pi","W
Net
)
mUes
1898.
1897.
$33,934
$35,975
11,330
9,063
10,2(;6
Charges
Dividends
Balance
3 lullcs of single
of second track.
Also operates Fishklll Electric
Ry., 4 miles; Fishkill stock ($50,-25
same dividends as
Citizens.
8,269
none.
8ur.l,997
none
sui '2,i67
Officers — Pres,.J.T.Smitli: Sec, S.K.Phlllips; Treas.W. H.Southard.
FITCHBURG, MASS.
POPCTLATION 1890
AND
WAS
IN
22,037; in 1880
was
1870 WAS 11.260.
STREET RY.
FITCHBURG & LEOMINSTER
Leominster and Lunenburg.
Organization— Road extends to
Date,
Stock Bonds Etc —
LaxI div
interest. Outntand'g.
See earns.
8 p. c. $250,000
Stk.(au., '$500,000; par, $100)
150,000 Apr. 1, 1917
5 A-0
1897
Ist mort. ($500) c, $150,000.
130,000
Loans and bills payable Sept. 30, 1898
Dividends— In year 1894-95, 8 p. c; in 1895-96, 8 p. c; in 1896-97,
8 p
in 1897-98, 8 p. c.
0.;
Road— Owns
23-97 miles of trolley, including 2-12 miles of sidings.
Earnings— For years ending
Sept.
Heights Electric Light Co. and Arlington Heights Water Co. were purchased by bondholders in June, 1895.
The Ft. Worth & A. H. Street Ry. is leased for 5 years to Qlenwood
4 Polytechnic College St. Ry.; according to recent reports, the latter
has now purchased it.
Operates 6I3 miles of track on 213 miles in streets; balance, suburban.
FORT ^VORTH STREET
30
1898
1897
1897.
1898.
$134,3 15 $133,770 Dividends paid. .$20,000 $20,000
5,559
50,100 Bal.,sur. for year 5,059
48.138
Net
15,289
24,541 Tot. sur. Sept. 30. 17,662
23,079
Int., taxes, etc..
Officers— President, H. a. Willis; Vice President, H. I. Wallace;
Clerk and Counsel, C. F. Baker; Treasurer, R. N. Wallis; Superintendent and Purchasing Agent, W. W. Sargent.
Gross
Eamin?s foryear
Sept. 30, '98, gross, $5,790; net, $2,030; interest,
President, H. L. Pierce,
and taxes, $343; balance, surplus, $1,687.
Leominster, Mass.
FOND DU
LAC, WIS.
IN 1880 WAS 13,094.
FOND DU LAC STREET RY. & ELECTRICPOPULATION IN 1890 WAS 12,024;
Trolley.
Controls lines in
Fond du Lac. Stock $100,000.
New
FT.
WAS
Road— Operates 12ia miles of track. President, K. M. Van Zandt
Vice-President, Morgan Jones Secretary, T. A. Tidball; Gen. Man. W.
P. Quigg.— V. 68, p. 473.
;
GLENWOOD & POLYTECHNIC COLLEGE
STREET RAILWAY-
REORGANIZATION, Etc.—A reorganization in 1896 of Glenwood &
Polytechnic Street R.v. Electricity introduced and 6 new motor cars
purchased. The company has a 5-year lease of the Fort Woith A
Arlington Heights Street Ry., and is now reported to have purchased
the latter. Stock to be increased to $200,000; bonds, $50,000.
Road— Owns road 6 miles long; leased line, 6^ miles; total, 12^2 miles.
Officers— President and General Manager, J. T. Voss; Secretary
and Treasurer, Woodford Brooks; Electrician, W. E. Voss.
in 1890 WAS 9,239; IN 1880
IN 1870 WAS 4.968
AND
FRAMINGHAM UNION STREET
Incorporated
3,099;
WAS 6,235
RY.
in 1887. In June, 1899, a syndicate,
Organization.—
headed by Willard B. Ferguson and James F. Shaw&Co., was reported
to have bought a controlling interest preparatory to the consolidition
of all the trolley lines entering South Framinghaoi.
Stock
&
Bonds—
Date,
Stock (par $100.)
1st mortgage, currency..
interest.
Oulslanding.
Maturity.
$30 000
<
call.
<
1889
5 J-J
50,000
July 1, 1909
Interest at North Nat. Bank, Boston.
(?)
(?)
$26,000
L'ns,eto.pay.(net)Sep.30,'98
November, 1898, by
in
FRAMINGHAM, MASS.
POPULATIONIN 1895 was 9,512;
Not subject to
Road— Operates main track 6-36 miles sidings 048 of a mile.
In 1898 permission was asked from the Railroad Commissioners
to issue $20,000 additional stock, $10,000 2d mortgige bonds, $35,000
debenture bonds and $35,000 coupon notes— $100,000 in all.
Earnings-— For years ending Sept. 30 earnings have been as follows:
i'r. to Sept. 30—
1898.
1897.
1898.
1897.
Gross earnings.. $30,424 $19,936 Bal. foi dividends.. $7,783 $3,166
Net
11,965
6,103 Tot. surp. Sept. 30. 4,103
2,334
Int. taxes, etc...
4,182
2,937
Officers—President, James R. Entwlstle, Saxonville, Mass.; Treasurer, F. E. Gregory, F^amingham, Mass.; Clerk of Corporation, Ira B.
Forbes, SouthiFramingham.— V. 68, p. 1181.
;
SMITH TRACTION, LIGHT & POV^ER-
Orqanization— Incorporated
York; authorized, $250,000; Issued, $150,000.
2d mortgaee
Debentures, etc
FORT SMITH, ARK.
POPITLATION 1890 WAS 11,311; IN 1880
AND IN 1870 WAS 2,227.
trolley road.
Morgan Jones having purchased the City Railway of Fort Worth,
the two roads are now operated jointly, expenses being divided between them.
RY.FITCHBURG & SUBURBAN! STREET
extending from
ORQanizaTION—Operates 4-88 miles of trolley,
Fitchburgto Leominster; opened 1898. Stock, $50,000. Bonds are 5s,
due 1918, interest A-0; American Loan & Trust Co., Boston, trustee.
RY.-A
ORQANIZATION—Chartered in 1894 to succeed the North Side Street
RR. Co., foreclosed Nov. 20. Stock, $200,000. Bonds, first mortgage
coupon gold 68, dated 1896 due 1926; interest J. &. J at Mercantile
Trust Co.,
12.429;
4]
Alfred N.
Sicard, Ella E. Sicard, Richard C. Kerens, Charles H. Smith, J. E. Foster, Joseph M. HiU, Samuel McLoud and James Brizzolara, to take
over the Fort Smith Street Ry. (844 miles of track on 7^2 miles of
street) and transform it into an electric system to be operated in con-
1
I
I
1
Junction -with an electric light plant. AVill be converted during
1899; light plant in operation. Stock $125,500 paid in. Bonds $85,President, Samuel McLoud; Vice-President, Cha^. H. Smith;
500.
Treasurer, J. E. Foster; Secretary, A. N. Sicard.
FORT V/AYNE,
FRANKFORT, KY.
IND.
Population 1890 was 7,892:
Population 1890 was 35,393 in 1880 was 26,880
AND in 1870 WAS 17,718.
;
FT.
'WAYNE CONSOLIDATED RAIL'WAY-
Orqanization— Organized in December, 1895, and acquired the
Fort Wayne Electric Ry., which included the old Citizens' Street Ry.
and Fort Wayne Street Ry., and also acquired the C. L. Centlivre
Street Railway. lu the spring of 1896 purchased a 236 acre park, 6
miles from city, and built a double-track road to it from the city. In
1898 population was said to be 50,000.
Reorganization—On Sept. 8, 1896, J. H. Bass and M. S. Roblson
were appointed receivers. Mr. Robison resigned in Dec, 1897. Interest due Nov. 1. 1896, on both mortgages unpaid. In July, 1899,
a decree for the sale of the property at foreclosure was entered.
Date, interest. Outslnnd'g.
Maturity.
Stock & Bonds—
Stock (par, $100)
1892 6g.
Ft.W.Elec.lstM., $600,000.
Ft.W.con.M..$l,500.000,g. ) 1895 5g.
M-N
M-N
May
(1)
1,
1922
1935
;
TEX..
in 1880 was 6.663.
trolley road.
Organization, Etc.—Chartered in 1891 to acquire the street railway
lines of the Fort Worth Land & Street Ry. Co. sold in foreclosure.
Stock, $100,000, all held by the Purchasing Committee in trust, which
Population 1890 was 23.076 and
640 acres of Suburban lands. No bonds.
Road— Operates 7^ miles of track on 5>2 miles of streets.
In 1899 road was purchased by Morgan Jones, and Is now operated
jointly with the Fort Worth Street Railway, expenses of operation
being divided by the two companies. General consolidation of all
Fort Worth roads expected.
Officers— President, Morgan Jones; Secretary, W.
E. KaufTinan.—
V. CS, p. 473.
FORT ^VORTH & ARLINGTON HEIGHTS
STREET RAILWAYORGANIZATION, Etc.— The Fort Worth & Arlington Heights Street
Land & Investment (about 4,000 acres), Arlington
By., Ft. vvorth
in 1880
was
was
6,958
5,396.
Organization -Incorporated June 16,1897. Successor to Capital
Ry. sold in foreclosure for $10,000. Owns 5 >a miles of track, which
has been equipped with modem improvements since purchase by new
company. Stock, $10,000; bonds authorized, $40,000; issued $30,000,
Officers— President, Charles R. Grain, Springheld, O.; Vice-President, Patrick McDonald Secy., Treas. and Gen. Man., John T. Buckley, Frankfort, Ky. V. 64, p. 422, 1180.
;
FRANKLIN, PA.
Population
in
1890 was 6,221; in 1880 was 5,010;
IN 1870 was 3,908.
AND
FRANKLIN ELECTRIC STREET RY.Stock (par $50), $60,000; Ist mortgage ($50,000) 68, 1894. due 1924,
$2,000; unfunded debt June 30, 1898, $44,659. Operates 3>3 miles
of track through the principal streets of Franklin, Pa. Rail, 60 lb.
For year ending June 30, 1898, gross, $13,651; net,$l,591. In 1896-7.
gross, $13,762; net, $1,426. In 1895-6, gross, $13,834; net, $2,370
Officers— President and Treas., E. W. Echols; Sec'ry, G. 8. White.
CITY RAIL^VAY-A
also holds title to
in 1870
FRANKFORT & SUBURBAN RY.-A troUey road.
$2,000,000
Nov. 1,
(?)
May, 1896, coupon last paid.
($l,000)notsub.tocall.c* >
Trustees are Guardian Trust Co., Cleveland, Ohio, and S. B. Bond.
Road— Operates 31 miles of trolley track.
V. 61. p. 966, 1107; V 63, p. 458 V. 67, p. 125; V. 69, p. 180.
FORT WORTH,
and
FREDERICK, MARYLAND.
Population
in
1890 was 8,193; in 1880 was 8,659;
IN 1870 WAS 8,526.
AND
FREDERICK & MIDDLETOWN ELECTRIC
R A L W A Y— A troUey road.
1
Organization- Comiuenced operation
iu fall of 1896. Capital stock
authorized, $100,000; issued, $10,000. First mortgage of 1897 Is for
$70,000 (all Issued), 5 per cent, gold, $1,000, bonds, c', interest J.&J.;
principal maturing Jan. 1, 1917, but subject to call at par on and after
Jar. 1,1907; trustee, Maryland Trust Co., Baltlmoie. Floating debt
June 30, 1899, $10,500. Year ending June 30, 1899, gross was S.O,-
458; operating expenses about CO ])cr cent.
Road— Frederick to Mlddletown, !» miles. Has leased thoCatoctin A
MycrsvUlc lOlcctric, Myersvlllc to Jllddletown, 5 '2 miles, constructed
In 1898. President and Geu. Man., Geo. W. Smith.
:
:
:
:
;
STREET RAILWAYS.
42
FREDONIA,
N. Y.
Population in 1890 was 3,399 in 1880 was 2,692
AND in 1870 WAS 2.546.
;
DUNKIRK
& FREDONIA RAILROADPopulation
1895
A trolley road.
estimated at 4,000.
In
Organization— Chartered April 21, 1864. Company Is also engaged
In electric lighting and steam heating, the expenses of these departments being Included in the railroad operating expenses and the receipts are shown in other income. In June, 1897, purchased Fredonia
gas plant for $9,600, giving note therefor (Included in bills payable
30, 1898). Securities and earnings are as follows
Stock auth.,$l50,000; par
Earnings— Year ending June 30:
1897.
1898.
$100; slock sold
$116,200
$19,410
$18,888
1st mort. 5s, J. c^ J
>
Annnn Gross
40,ooo
<
7,479
7,101
(DueJuly 1,1911)
Net
6,258
Bins payable June 30, '98. 21,294 Other income.. 6,659
4,508
Road— Owns Sig mUes of single Int. and taxes. 4,218
*21,486
6,000
and one-flfth miles of second track. Dividends
* This Includes a stock dividend of 15 per cent.
Officers-- Secretary-Treasurer and vf anager, MUton M. Fenner.
June
GALESBURG,
Waterloo and Seneca Falls, 17 mUes; sidings, % miles. Ralls 70-lb.
girder and 60-lb. J.
Earnings— For year ending June 30, 1E99, gross, $59,856; net»
$27,103; other Income, $1,983; interest, $26,266; taxes, $2,381;
park expenses, $4,207; def. for year. $3,768. In 1898, gross, $60,778;
net, $25,786 other income, $2,024 interest, $27,062 taxes, $2,360
Park expenses, $4,368; def. for year, $5,980.
;
;
;
President, Isaac M. Thomas, Wilkesbarre, Pa.; Secretary
urer, W. C. Gray, Seneca Falls.- V. 60, p. 562
and Treas-
GIRARDVILLE, PA.
Population 1890 was 3,584; in 1880 was 2.730. Population
tributary to Schuylkill Traction, 75,000.
ILL.
SCHUYLKILL TRACTION CO.-A trolley road.
Population 1890 was 15,264; in 1880 was 11,437;
AND in 1870 was 10,158.
GALESBURO ELECTRIC MOTOR
POWER—A
&
trolley road.
in 1892 for 20 years, being a consolidation
of the College City Street Ry. and the Galesburg Street Car companies.
Maturity.
Date, interest. Oidstand'g.
Bonds
Stock
Stock ($210,000), par $100
$210,000
1902
125,000
1st M. (.$125,000)
1892
M-S
Subiect to call at 105 after Sept. 1, 1897. Trustee, Nor. Trust Co., Chic.
Road— Owns 8 miles of main track and 1 mUe of sidings, laid with 50
lb. T raUs, in Galesburg, 111., and extending also to East Galesbiu-g.
Organization— Chartered
—
&
West End Tr. & S. D. Co., Phila., trustee.
Stock.— la November. 1896, the stockholders surrendered $100,000
of common stock, which was duly made into preferred stock, of which
100 shares was paid to the stockholders who had surrendered the
1,000 shares of common stock.
Bonds— On June 30, 1899, $63,500 of bonds were unissued.
Road— The road extends from Geneva to Cayuga Lake Park through
Interest at
Officers— President and General Manager, Fred. Seacord; VicePresident, R. Chappell; Secretary and Treasurer, Loren Stephens.
Organization— Chartered Sept. 26, 1892, and in June, 1893, completed an electric road, 22i2 miles in length, in the anthracite coal
basin of Schuylkill County. The population tributary aggregates
about 75,000 people, and it passes about forty collieries.
Stock
Bonds— Miles. Date. Interest. Outstanding. Maturity.
Stock $1,000,000, $100
$l,000,000f.p
IstM. ($500,000), g.,) 22^2 1893 5 g A-O
500^00 Apr.1,1943
s. f. $10,000 yr'ly> Interest is paid at Equit.Tr. C<* Trustee. Phila.
'98
after Apl.
c* ) Bonds may be purchased for sinking fund at 105,
Road—Owns 22^2 miles of track (length of line from extreme points
about 15 mUes), being in the form of a Y, with Girardville, where the
power house is situated, as a centre. Rails 50, 60 and 70 lb. T> Loans
outstanding June 30, 1898, $2,500.
Annual Report— Earnings for years
Years
Gross.
Net.
Interest. Bal.,surp.
1897-98 (year end. J une 30)
$90,279 $33,990 $25,000
$8,990
1896-97 (year end. Sept. 30).... 92,778
36,911
25.000
11,911
1895-96 (year end, Sept. 30).... 96,809
40,801
25,000
15,801
1894-95 (year end. Sept. 30)
90,981
33,360
25,000
8,360
Officers— Pres., Dallas Sanders, Drexel Building, PhUa.; Sec. and
Treas., J. A. Johann; Gen Man. and Pur. Ag.,E.W. Ash.— V. 63, p. 795.
&
—
GALVESTON, TEX.
Population 1890 was 29,084; in 1880 was 22,248;
AND IN 1870 WAS 13.818.
GALVESTON CITY RAILROAD-A trolley road.
Organization- Incorporated May 2, 1871.
Receivership.— R. B. Baer appointed receiver
in October, 1897.
City of Galveston claims $43,399 for overdue taxes.— V. 65, p. 824.
Bale under Brst mortgage has been set for Sept. 5, 1899, the priority
or the city's claim to be determined after the sale.— V. 68, p. 618.
Date. lyiterest. Outstanding.
Maturity.
Stock
Bonds
Stock (par $50)
See text
$1,000,000
(1893 5gJ-J
1,000,000 Jan. 1,1918
1st mort *^'"""'"""'
$1000000 ^•'
e> July, '97. coupon in default.
Guar. Tr. Co.
«i^nn
^^'^^^
^i of N. Y., Trustee, New York City.
2dM. $75,000 ($l,000each)
6 quar.
As collateral.
(?)
The 2ds for $75,000 were issued to Guaranty Trust Co., N. Y., as
collateral for a promissory note of $50,000; and In Nov., 1898, foreclosure suit was filed.
In March. 1898, the Receiver reported floating debt to be $167,616,
besides city's claim for $56,000 on taxes and assessments; cash on hand,
$25,507.
Dividends In 1895, 25 cents per share in Jan. and July; none after.
Miles.
Proprietary road
Road—
Miles.
Owned In fee, main line
36
(Entire st'k & bonds owned)
~.
^ ..«.
I2 Gulf
Sidings
City St.
R'y & Real._
Est. Co. 5
—
&
—
\
.
Weight of
40 lbs.
rail
GLENS FALLS,
;
Population 1890 was 9,509; in 1880 was 4,900;
and in 1870 was 4.500.
GLENS FALLS, SOUTH GLENS FALLS
SANDY HILL & FORT EDWARD STREET
RAILROAD—A trolley road.
Organization- Chartered Sept 28, 1885; amended 1891. Estimated
popiilation of district served, 1898, 27,500.
Dale,
interest.
Outstanding. Maturity.
Bonds—
Stock
Stock, $150,000, par $100
5 Q.-F.
$150,000 May,'99,li4%
1st M. (no option) ($500 )
qq,
« t r
&
.,
and $1,000)
2d mortgage ($500)
was
GARDNER ELECTRIC
012 m.; total track, 4-46 miles.
Sept. 30, 1898, gross, $17,103; net,
etc. (Including maintenance of pleasure
miles; sidings,
Earnings- For year ending
$2,975;
grounds, $1,215), $S,819 balance, deficit for year, $844.
Frederick 8. CooUdge; Treasurer, James A. Stiles.
;
President,
N. Y.
Population 1890 was 7,557; in 1880 was 5,878;
AND IN 1870 was 5,521.
Organization—Chartered Nov. 24. 1894. February, 1895, consolidated with Geneva & Waterloo and other companies. The uew company owns the Cayuga Lake Park property of 50 acres.— V. 60, p. 562
Mites.
Date,
interest. Outslan'q.
Pref. stock, $100,000
l8tM.,($500&$l,000)g.o*
1895 6g.
Bills payable June 30, 1899, $3,381.
Maturity
$350,000
100,000
436,500 Apl.
.
A-0
ORGANIZATION— Leased for 999 years from May 1, 1894, to the Fonda
ohnstown & Gloversville, which guarantees the bonds, principal and
Interest, and agrees to pay leased road net earnings up to 4 per cent
on capital stock per annum, besides paying all fixed charges.
&
Date, interest. Ontstatid'g.
Maturity.
Bonds—
Stock
Stock, $350,000
$335,210
350,000 Oct. 1, 1922
1st. mort., $350,000 goldj 1892 6g. A-O
(Int. atFarmeis' Loan & Tr., N. Y. City
$1,000, guar. p. &i
Ourrentliabilities June 30, 1898
$96,483
Road— Owns 1412 miles of single track and '4 miles of sidings.
Earnings—The earnings are included in those of the Fonda Johnstown & Gloversville RR. Co.
JOHNSTOWN GLOVERSVILLE & KINGSroad.
BORO RR.—An
electric
GENEVA WATERLOO SENECA
CAYUGA LAKE TRACTION-TroUey. FALLS &
Stock & Bonds—
Com. stock, par, $100
N. Y.
;
CAYADUTTA ELECTRIC RAILROAD-
Issue of $30,000 of 5 per cent 30-year gold bonds.
GENEVA,
100,000 July 1,1911
Population 1890 was 13,864 in 1880 was 7,133
and in 1870 was 4,518.
3,333.
ST. RY.-Trolley.
;
taxes,
'*•'"•'
GLOVERSVILLE,
Organization— Capital stock, $50,000 par, $100. Sept. 30, 1898»
loans and notes payable, $28,820, which were to be taken up by the
interest,
^°^^
1893
;
GARDNER, MASS.
Road— Main track, 4-34
o. (
c.
6 J-J
50,000 July 1, 1913
Interest at Merchants' Nat. Bank, Glens Falls.
Dividends— Ib fiscal year 1894-95 paid 1 per cent.; in 1895-6, 4 p. c;
In 1896-7,5 p c; in 1898, 5 p. c; in 1899, Feb., IH p. c; May, II4 p. c.
Road—Glens Falls to Fort Edward, 7-34 miles sidings. 1-18 miles;
race track branch, I2 mile So. Glens Falls Branch (completed Oct. '96>
l^a miles; total track, 10-52 miles. Rails 40 to 80 lbs.
Annual—Earnings for fiscal years ending June 30
Other inc. Int.d-tax. Dividends. Bal.,svr,
Gross.
Net.
1897-8.. $61,537
$16,980 $2,882 $11,082 (5%) $7,225
$1,555
1896-7.. 57,488
23,003
204
10,621 (5%) 6,875
5,711
Officers— President, J. M. Coolldge; Secretary, Treasurer, F. F
Pruyn; Supt., J. E. Derrick.
Population in 1895 was 9,182; in 1890 was 8,424; in 1880 was
IN 1870
Y.
;
Total of all
411a
Yrs.end.Dee.3\. 1897.
1896.
1897.
1896.
Gross earnings. $213,468 $212,661 Damages, etc.... $12,473
Net over taxes. 83,488
80,342 Approx. surp... 10,574 $23,165
Interest
60,439
57,177 Tot. surii. Jan. 1
23,191
Officers— President and Gen'l Manager, Julius Runge, Galveston;
Secretary, A. Droullhet; Treasurer, J. Lobit,— V. 65, p. 728, 824 V.
68, p. 618.
4,988;
N.
l",
'1920
Organization— Chartered Nov. 12, 1873, and In November, 1893,
eased to the Fonda Johnstown & Gloversville (steam) Railroad Co.
for 999 years, its bonds being assumed and 8 per cent per annum being guaranteed on
Stock
&
its stock.
Bonds—
Miles.
Date. Interest. O^itstand'g. Maturity
Stock, .$.50,000 (par, $100)
8 p. c. $50,000
4*11
Istmortgage
6J-J
50,000
1913
Interest is payable at the Metropolitan Trust Company, N. Y. City.
Road—Owns single track, main Une, from Johnstown to Glovereville,
408
miles; branch, 03; total, 4-11 miles.
STREET RAILWAYS.
GOSHEN (ELKHART
Population 1890 was 6,033
AXD IN 1870 was
;
GREENFIELD, MASS.
CO.), IND.
in 1880
3,133.
was
Population
4,123;
68, p. 671.
INDIANA ELECTRIC RY-A trolley road.
Organization —This company was chartered to construct and
operate a street railwiiy in Goshen and Elkhart and elsewhere
in Northern Indiana. In 1898 population of Elkhart estimated at
16,000 and of Goshen 10,000 (these cities are 8 miles apart). On October 1, 1893, purchased by Arthur Kennedy and Francis J. Torrence
of Pittsburg. Pa., who also purchased and entirely rebuilt South Bend
Street Ry. and the General Power & Quick Transit Co., operating line
from South Bend to Mishawaka, Ind., and the South Bend & Elkhart
Street Ry., to extend from Mishawaka to Elkhart, for which contract
had been let in Feb., 1899.
In March, 1899, the Indiana Electric RR. Co. of Goshen (which see;
was formed to unite all these lines. It is the purpose to retire the old
securities and issue new securities on the consolidated road.
Stock
&
Par.
Bonds—
Date, interest. Outstand'g
Maturity.
$110,000
110,000 Nov. 1,1925
Istmt.,$o00,000,g.,s.f.,) 1,000 1895 6g. M-N
notsubj.tocaU,$l,000 S Interest at Royal Trust of Chicago, trustee.
Stock increased in 1896 from $25,000 to $110,000.
New Mortgage—Additional bonds may be issued at $5,000 permlle
of completed main track in suburbs and$10,000 per mile in city limits.
Road— Operates 6 miles of track in Elkhart and 5 miles in Goshen
line from Elkhart to Goshen opened December 22, 1898, making in
all 16i« miles of track.
Officers—President, Arthur Kennedy, Pittsburg, Pa.; Secretary and
Treasurer, DeWitt Dilworth. South Bend, Ind.— V. 61, p. 925; V. 68,
p. 671.
GRAND
CONSOLIDATED STREET RY—A trolley road.
'NIZATION, Etc.— in Jan., 18 *9, the holders of the reduced consolidated bonds, $1,200,000, were operating the property in the attempt "to get something out of it for their interest, which is now two
years in arrears."
Maturity,
Date, interest. Outstanding.
Bonds—
Stock
$1,.^00,000
Stock, common
preferred
1,230,000
do
600,000 Junel, 191Sl
Street Ry. Co. 1st mort. J 1887
6J-D
Int. due June 1, 1898, paid Nov. 30. 1898
c* & r. I
$1.000
1,200,000 Aug. 1, 1916
Consol. St. Ry. Co. 1st M. ) 1891 5 g F-A
In Jan., '99, two years' interest unpaid.
$3,000,000 gold
5
July 1, 1914
5 J -J
50,000
North Park Street Ry., \ 1894
1st, $75,000 ($1,000)
I Int. at Mich. Tr. Co., trustee, Gr.Rapids, Mici.
Consolidated St. Ry. 5s of 1891 for $2,400,000 were issued, but in
February, 1896, bondholders voluntarily surrendered one-halt their
bonds, receiving preferred stock therefor at par. See above.
Interest due June 1, 1898, on Street Ry. first 6s was paid Nov. 30,
1898; $560,000 of these bonds have been deposited with the State
Trust Co. of Boston, under the agreement of a protective committee,
Alpheus G. Rogers of Portland, Chairman.— V. 64, p. 287, 610.
Road— In Jan., 1899, operates 49 miles of track, including North
Park Street Railway, 4^2 miles.
Officers— President, Gen. Man. and Pur. Agt., G. S. Johnson; VicePresident, D. M. Cummings; Secretary, O. S. Gaither.— V. 67, p. 319.
Org
&
. .
3.979.
trolley road.
as receiver.
$100,000
1891 6gJ-D
246,500 June
Mortgage trustee, Massachusetts Loan & Trust Co., Boston.
Poad— Operates S^s miles of track and S^a miles of road.
EARNiNQS-Foryear 1898 gross, $26,500; net, $100.
1,
1905
\VIS.
1890 WA9 9,069; IN 1880 WAS 7,464;
IN 1870 WAS 4,GGG.
FOX RIVER ELECTRIC RAILWAY &
POWER. -Trolley.
This \A a reorganization of the Fox River Electric, sold at foreclosure
Jan. 14, 1899. (V. 68, p. 129.) In August, 1899, was negotiating for
the purchane of the McCartney Street line.
Maturity.
Date, interest. Outstand'g.
Stock and Bonds.
Com., 'i.iir $10(t), *25,000
Pf. 5. cum. ($100), 125,000
July 1, 1919
M. g. (par $50, $100, $500), 5 1889
$115,000
5 g.
$150,000
Road—Owns
\
24, 1895. Owns 750
Connecticut River at Deerfleld. In June,
1899, stockholders voted to increase stock $30,000 (to $130,000),
$15,000 to be used to extinguish floating debt and $15,000 to build an
extension of 2 miles from Lake Pleasant to Montague.
Date.
interest.
Outstanding.
Maturity.
Bonos—
Stock
Stock, full paid, ($100)
$100,000
8% in '96-97
Ist mort., gold, s. f...
1896
5 g. J&D
96,000
June 1, 1916
Notes payable Sept. 30, 1898
15,000
Bonds—The mortgage (originally $100,000) provides for the payment of $2,000 annually from 1897 to 1915, Inclusive, at a premium.
Road— Greenfield to Deerfleld, Montague City and Turners Falls,
12"86 miles; sidings, 0'41 miles; total track, 13-27 miles.
Earnings— Por year ending Sept. 30, 1898, gross, $34,585; net. $12,-
&
516; interest and taxes, $7,225; 4 p. c. dividends, $4,000; surplus,
$1,291. In 1897, gross, $32,252; net, $13,4-(9, applicable to Interest,
taxes and 8 p. c. dividends. President, t'lankE. Lowe;; Treasurer,
Frank E. Pierce.- V.
63, p. 76.
HAGERSTONA^N, MD.
Population 1890 was 10,118; in 1880 was 6,627;
IN 1870
WAS
5,779.
HAGERSTO^WN RAILWAY.-A trolley road.
Organization— Chartered March 12, 1896, for 40 years. Has contract with the city to furnish electric lighting.
Bonds— Capital stock, $200,000; par, $50. First mortStock
gage is for $200,000 gold 6 p. c. bonds, dated 1896, due May 1, 1916,
interest, Q.— F., at ofiioe of Commonwealth Guaranty Trust & Safe
Deposit Co. of Harrisburg, Pa., trustee of mortgage.
Road — Hagerstown to WilUamsport and Funkstown, 13 m. of track.
President, Christian W. Lynch; Treasurer, Wm. Jennings.
&
HAMILTON, OHIO.
in 1890 was 17,565; in 1880
AND IN 1870 WAS 11,081.
was
12,122;
TION.—A trolley road.
In May, 1899, control was purchased by Peter Schwab, of Hamiltonwho purpo^e consolidating .several of
the lines iu the vicinity. In June, 1899, Will. Christy of Akron, and
M. J. Mandelbaum of Cleveland, were elected to the directorate, and
this was interpreted to mean the absorption of the road by the Cinin the interest of a syndicate
cinnati & Hamilton Electric, which we report under Cincinnati. A
bondholders' committee was appointed the same month, and default
is understood to have occurred in the payment of the July coupon.
Organization- Chartered in 1896, with right to carry passengers,
freight, etc. Franchises run part 25 years and part 50 years. Road
opened July 12, 1 897. Operates from Hamilton to Dayton, 37 ^a miles.
Date, interest. Ontstand'y.
Maturity.
Bonds
Stock
—
&
Stock, $650,000 ($100)
First mortgage, $650,000
($1,000) default July, 'd9
Guaranteed Loans —
Dayton Traction
$6.30,000
J
(
1896
Int. at
(
1896
i
Int. at
5 J-J
650,000
Finance Co. of Pa.,
July
1,
1917
Phila., trustee.
$250,000
July 1,1916
5g. J-J
Finance Co. of Penn., Phila., trustee.
J
6g. M-S
50,000
Mar. 1,1913
sumed
< S. f., $2,000 yearly, beginning July. 1898.
Road Operates from Hamilton to Dayton, O., 37 "a mUes, of which,
Miamisburg to Dayton, ll^j miles, leased from Dayton Traction Co.
for 999 years from April, 1898, for dividends on stock and its guaranty of interest on $250,000 1st 58 and assumption of $50,000 debenIst M.,
($1,000), int. guar..c*
Debentures, gold, asg.
—
ture 6s.
V. 66, p. 1237.
HAMMOND,
Population 1890 was 5,428;
IND.
in 1880
was
699.
HAMMOND V/HITING & EAST CHICAGO
ELECTRIC RAILWAY-A trolley road.
Organization—Chartered in 1892. BYanchise runs till 1917.
trolled in interest of South Chicago City Ry. V. 62, p. 86.
Con-
&
Bonds— MUcs, Date, interest. Outstand'g. Maturity.
Stock
$287,00i>
Stock, $300,0(0
gold 22
100,000
Mar. 1, 1904
M.,
$100,000,
1894
5g. M-8
let
Interest payable at Northern Tru.st Co., mortgage trustee, Chicago, IU.
Road— Owns 22 miles of track, extending from State line at Roby to
Whiting, East Chicago and Hammond, and operates in connection with
South Chicago City Hy. to 63d St. and Madison Ave. in Chicago.
Officers— President, A. Murray Turner; Vice-President, D. M.
Oummings Secretary & Treasurer, O. S. Gaither.— V. 62, p. 80, 502.
;
HARRISBURG, PA.
in 1880 was 30,762
1870 WAS 23.104.
Population 1890 was 39,385;
Interest at Milwaukee Tr. Co., tru.stee.
16 miles track; 45 and 78-po'ind rail; 12 motor
oars, 8 trailers. The line runs from Appleton to Neenah and Menaslia,
and is ultimately to be extended to Kaukauna.
Officers (new).— President, 11. 8. Eldred, Milwaukee; Vice-President, A. M. Murphy, Green Bay; Secretary, B. L. Parker. Green Bay;
Treas. and (;en. Man., Mitchell Jeannea, Green Bay.— V. 07, p. 1308.
V. 68, p. 129.
Organization— Commenced operation June
Maturity.
Stock, $200,000, par .$25
M. for .$500,000 gold
IN
FALLS
1237; V. 68, p. 1225; V. 69, p. 26.
RY-A
GREAT FALLS STREET
W.
POPDLATiaN
TURNERS
Earnings-Gross earnings from January 1 to May 31, 1899, $49,219,
against $37,984 in the five months of 1898
Officers— Pres. and Gen. Manager, William Yeatman.— v. 66, p
GREAT FALLS MON.
GREEN BAY,
&
CINCINNATI & MIAMI VALLEY TRAC-
;
D. Dickenson
Date, interest. Outstanding.
was
feet steel bridge across the
Population
POPULATION 1890 WAS 60,278 in 1880 WAS 32,016
AND IN 1870 WAS 16,507.
Organization- In hand.s of
mies.
Stock & Bonds—
6,229; in 1890 was 5,252; in 1880
IN 1870 was 3,589.
AND
;
STREET RAIL WAY. -A trolley road.
RAPIDS, MICH.
POPCLATION 1890 WAR
was
GREENFIELD
Organized in March, 1899, to unite the old Indiana Electric Railway
<whicli see) with the South Bend Street Railway, the South Bend &
Elkhart Street Railway and the General Power & Quick Transit Co.
Stock & Bonds—Stock authorized, $1,000,000.
Road— When line between Elkhart and Mishawaka has been built
•will have a system of 45 miles, extending from Goshen to South Bend.
Stock
in 1895
3,903
INDIANA ELECTRIC RR- OF OOSHEN.
-V.
43
AND
IN
road
HARRISBURG TR ACTION-A
February
The dividends
trollsy
Organization- Organized
and August, 1899, aggregating 4 per
money
in
in Miiy, 1895.
cent,
were paid
In stock, the
l)elng used In reducing floating d bt.
There have l)cen ruinors of a cliange of owne ship and of oonsolldatlou with other roads, but these are duuied.
A
J
;
;
:
:
STREET RAILWAYS.
44
&
Stock
Harrisburg
Bonds—
Paf-
Last Div
Date. Interest, Oiitstand'g.
Traction,
stock. $.',000,000...
4p.year $1,945,548 Aug., 1899
50
May 1,1924
75,000
Citizens' Passenger— J
1894 6g.M-N
1st M., $75,000, gold \ Int. at Com'wealth Guar. Tr. Co., HaiTisburK
Leased to E. Har. Pass. Ry.—
Harris. City Pass. stk..
12 J-J
$125,000 Jan., 1899
25
100,000 Jan., 1899
MiddletownH.&S.stk.
50
10 J-J
closure to Samuel D. Coykendall of Rondout, repreeenting the bondholders. Plan of reorganization has not yet 'een completed, but the
intention is to convert the old bonds into stock. The old securities are
shown in the following
Malurity.
Stock
Bonds- Par. Date, interest. Oiitstand'g.
Stock, $1.000,000... $100
Text.
$247,000
....
1st M., $315,000,
Aug., 1924
279,000
1,000
1894 5 F-A
$1.000
c*.
Interest in default.
Sept. 30, 1898, bills payable $20,488; other accounts, $34,024.
Road— Operates 13 13 miles of track laid with 65-pound T rails, 10
miles of which it owns and upon 312 miles it has trackage rights. Extends from Hartford to Farmington and Unionvllle.
Earnings— For 9 months ending June 30, 1998, gross, $29,599; net,
$330. For year ending Sept. 30, 1897, gross, ^42,089; net, $7,017;
interest and taxes, $7,128; balance, deficit for year, $111.
Officers— President. David Henuev; Secretary, W. J. Carroll; Supermtendent, T. L. McCormack.— V. 65, p. 1069; V. 68, p. 524, 1225; V.
69, p. 283.
&
s
$700,000 (all) stock of the
East Harrisburg Passenger Railway and $235,000 (all) of the Citizens'
stock.— V. 60. p. 873. Bills payable June 30, 1899, $52,500.
Road— Leases and operates 47 miles of track as follows East Harrisburg Passenger, 24 miles; Citizens' Passenger, 6 miles; Harrisburg City Pass., 5 miles; Middletown Highsplre & Steelton Pass., 12 m.
Earnings for years ending June 30:
The Traction Co. holds
in Its treasury
:
V2,
mos.
Gross.
Int., taxes, etc.
Net.
1898 99.... $322,929 $174,096
1897-98.... 245,065
117,210
1896-97.... 221.389
90,028
* Dividend was paid in stock.
$46,196
49,229
52,518
Dividends.
*$75,548
46,750
18,700
&
$52,352
21,231
18,810
Sec. and Treas.
63, p. 227.
Officers— Pres.,E.C.Felton; V.-Pres.,B. p. Myers;
W. J. Calder; Supt. and Purch. Agt., F. B. Musser.— V.
HARRISBURO
Bal.,sur.
HAVERHILL, MASS.
MECHANICSBURG
ELECTRIC RAIL^VAY
Population
CO.-A trolley road.
ments contemplated.
db
Date,
interest.
Oulstand'g.
Maturiti.
$144,500
Stock auth.,$^25,000
144,500
Sep., 1914
Istmort., $224,000, gold.... 1894 6 g. M-S
On June 30, 1898, loans payable were $15,000. Interest is payable
at office of trustee, the Harrisburg Trust Co. For year en ling June 30,
1898, gross, $23,194; net, $11,642; interest and taxes, $11,464; surplus, $178.
_
AND
IN
in 1880 was 42,553
1870 WAS 37.743.
TRAMWAY
STOCK& Bonds—
Date.
CO.-
Outsland'Q.
;
When
due.
;
Cheney.— V.
65, p.
HARTFORD
1069.
& SPRINGFIELD RY.-
to build between Hartford and
on both sides of the Connecticut River, includiLg
link on the tast side to connect the Hartford system with the Enfield
and Long Meadow Road. In Nov., 1898, reported to have secured a
franchise through Agawam and West Springfield to Springtteld. In Feb.,
Geo. W. Dunham, President,
1899, about $80,000 had been spent.
Flemington, N. J.; E. R. Oilman, New York; Noble F. Pierce and F.
P. Welsh of Southington, Conn.
I.. Fairbanks of Bristol, and T.
Organization— Chartered in 1898
Springtield, Mass.
,
HARTFORD STREET RAIL^VAY-AtroUey road.
&
Date, inter'/. Outstanding. Last div., t6c
Bonds—
Stock ($2,000,000, par $100)
Q- J $1,000,000 July l,'99,lia%
^^^'^- ^^^^ 5 M- S 100,000
Sept. 1, 1912
Wethersf'd \ ^"^^ ^^^^
do
do
do
1893 5 J100,000
July 1, 1913
Hartf.St.Ry.
do
do
1894 5 A-O 300,000
Oct. 1,1914
do
do
do
1894 5 J-D 300,000
Dec. 1,1914
do
do
do
1895 5 M-N 300,000
May,
1915
do
do
do
1895 5 F300,000
Aug.,
1915
do
do
do
1896 5 M-S 277,000
March, 1916
East H.&Glastb. debentures) ,QQ,7 k ^"^
t -n
,
onn
nnn
t^
-irvorr
200,000
Dec.
1, 1927
guar., red. Dec. 1, 1900.... I ^^^^ ^
Interest is payable at Connecticut Trust Co., Hartford, Conn.
Stock— In 1898 $800,000 stock was issued, making the total amount
outstanding $1,000,000. A portion of the proceeds was used to retire
$300,000 Hart. & Weth. debenture 58.
The debentures are all subject to call at par after five years from
date of issue. They will all be secured by any future mortgage.
Dividends. -In 1894, 6 p.c; '95, 6; '96, 0; '97, 6 p. c; '98, Jan. 3 p. c;
Apr., 1>2 p. c; July, li^ p. c; Oct., 1^ p. c; '99, Jan. 1, li^ p. c; Apr.
1, I'a p. c; July, l^a p. c.
Road— Lines extend to Wethersfleld, West Hartford and Windsor.
Eas-t Windsor, East Hartford and South Glastonbury, in all 65'6 miles
main track and 62 miles sidings, etc. Standard for the city is 90-lb.
girder rails and in the country T rails. An extension to be built
in 1899.
East Ilartford&Glastonbury Horse RR. (name changed in 1899 to East
Hartford & Glastonbury Street Railway) is controlled by ownership
of stock and leased lor 30 years from 1897.
Part of the Newington
Tramway, from Newington Cliurch to Hartford, was purchased in
1897, and a through line from Hartford to New Britain is operated via
the Central Ry. & Electric Co. of New Britain.
Earnings- Fiscal year now ends June 30. For years ending Sept. 30:
Gross.
Net.
Int. £ taxes. Dividciids. Hal., sur.
1897
$.576,992
$188,351
$145,386
.$12,000
$30,966
531,389
164,218
1896
117,229
12,000
34,989
For 9 months ending June 30, 1898, gross, $438,069 net, $134,973
interest and taxes, .$113,054; dividends, $21,000; surplus, $919.
Officers— President, E. S. Goodrich; Vice-President, Samuel G.
Dunham; Sec. and Treasurer, Daniel R. Howe.- V. 65, p. ) 069, 1173.
Stock
;
&
Bonds-
in
1880
13.092.
RY.
$100
Black Rock ASalisb'y Beach
1st mortgage, gold
Haverhill ife Amesb'yConsol.
M. $290,000 g., $1,000. c*
Debenture notes
Maturity
$150,000 Oct.,'97. 3%
111.000 July 1, 1911
Outstanding.
Date,
interest.
5
1891
Seetext
5g J - J
(
Interest at International Tr't Co., Boston.
Stock, $250,000. par
892 5g. J
<
1
\
Int. at Am.
-
179,000
J
Loan & Tr.
July
1,
1912
Co., trustee, Boston.
1891 6
1911
200,000
Loans payable Sept. 30,'98
26,599
Dividends—Nov. 1, 1892, paid 4per cent; Sept. 25, 1894, 4 per cent;
Organization— Tu March, 1899, J.T.Patterson was appointed reAugust 1, 1899, the road was so.'d at forep. 524
Sept. 30 earnings
have been
Dividends.
Bal.,Sur.
1897-98... $89,665
394
$31,276
$30,882
1896-97...
99,485
34,807
28,700 (3%) $4,500
1,606
Officers— President, Charles Goss, Amesbury, Mass.; Secretary and
Treasurer, Geo. A. Butman; Office, 53 State St., Boston.— V. 68, p. 672.
Int., Tax, dc.
Net.
HAZLETON, PA.
Population 1890 was 11,872; in 1880 was 6,935;
and in 1870 was 4,317.
LEHIGH TRACTION
CO.-
ORGANIZATION -Chartered Nov. 7, 1892. Franchise perpetual. Owns,
controls and has leased for 999 years, at an annual rental of $1 each
the Hazleton & Suburban Electric Ry., capital $30,000; Hazlelon &
South Side Electric Ry., capital $75,000; Hazleton & North Side Eleoric Ry., capital
Stock
&
$75,000.
Bonds—
Date.
Interest. Cutstand'g
Maturity.
^
8t'k$l,000,000 (au.)p.$100.
$1,000,000 f. p
1st mort. $500,000, gold, S 1893 5g. J-D
500,000 June 1 1923
$100, $500, $1,000.. .c* \ Trustee, Markle Bauk'g & Tr. Co., Hazelton.
1895 5g. M-8
Car barn bonds, +55,000.
55,000
1925
Hazle Park b'ds, $60,000. 1895 5g. A-O
30.000
1925
Bills payable Jan. 1, '99..
130,671
Interest (free of aU taxes) is payable in New York or Pliiladelphia exchange, if desired, at par, and Is so stated on the coupon.
Road— Operates 23 miles of road laid with 60 lb. new steel T rails,
oak ties, well ballasted. Road extends from Hazleton to West Hazleton
to Yorktown (connecting with Penn. RR. and Lehigh Valley RR.), to McAdoo (South) and MilnesviUe, Lattimer, Urinas and Freeland (North),
Latest Earnings— 12 months, ( 1898-9.. Gross, $100,889; net, $42,345
July 1 to June 30.
\ 1897«..aross,
104,697; net, 47.286
YEAR'S Earnings— Report for 1897 was in V. 66, p. 233. In 1898,
gross, $97,025; net, $40,266; other income, $3,921; iaterest and
taxes (including $14,827 back interest), $53,204; bal., deficit for year,
In 1897, gross, $109,101; net, $50,615. Passengers carried
$9,017.
in 1898 were 2,089,904.
Officers— President, C. W. Kline; Treasurer, N. C. Yost; Secretary,
E. S. Doud; Gen. Man., A. Markle— V. 64, p. 233; V. 66, p. 233.
HELENA, MON.
Population 1890 was 13,834;
AND in 1870 WAS
in 1880
3,106.
HELENA POWER & LIGHT-A
was
3,624;
trolley road.
Organization—This company is a consolidation made in 1894 of the
Helena Electric Railway and Helena Rapid Transit, together with the
Helena Electric (Light Co.) and the Helena Gaslight
Coke Co.
Maturity.
Stock & Bonds— .Ifi'es. Date, interest. Outstand'g.
«fe
$1,000,000
Stock
Helena Gas-Light<
1890 6 J-J
175,000 July 1. 1910
& Coke 1st Mort. < Interest at Minneapolis Trust Co., Minneap.,Minn.
425,000 Jan. 1,1925
Helena Power & L't < 20 1895 5 per ct.
Trustee, Central Trust Co., N. Y. City.
1898, owned about 24 miles of trolley track.
Officers— President, H.M. Parchen; Treasurer, Herman Gan.s; Secretary, H. D. Walker.
consol. mortgage..
I
Road— In November,
_
HENDERSON, KY.
Population 1890 was 8,835 in 1880 was 5,365
and in 1870 was 4,171.
;
;
HARTFORD &V/EST HARTFORD RR.-TroUey.
ceiver.— V. 68,
WAS
road.
Gross.
$300,000
Stock $500,000 (par $100)
1894 5 A-0
200,000
Istmort., $300,000
Oct. 1, 1924
Bills payable June 30, '93
13,000
Road— Operates 18*75 miles of track, extending to Manchester, TalcotviUe and Rockville.
Earnings- Nine months ending June 30, 1898, gross, $61,193; net,
$22,414 interest, taxes, etc., $16,928 balance, sur. for year, $5,486.
Officers— President, M.S. Chapman; Sec, J. W. Haynes; Treas.
R. O.
A trolley
Annual Report— For years ending
;
Interest.
IN 1870
;
HARTFORD MANCHESTER & ROCK-
VILLE
was 27,412:
30,209; in 1890
AND
in year 1894-95, 4 per cent in 1895-96, none; in 1897, Oct., 3 p. c.
Road— Has 27^2 miles of track, including sidings, etc., IH mile.
HARTFORD, CONN.
Population 1890 was 53,230
was
18,472;
HAVERHILL & AMESBURY STREET
-
Stock
Bonds—
in 1895
WAS
Organization— In Feb., 1898, operated 7 miles of track. In 1898,
control secured by new interests. Extensive changes and improve-
Stock
>
ELECTRIC
HENDERSON
Incorporated Feb.
$50,000
Stock (par, $1U0/
Road— Owus
a'
1897
6 J-J
50.000 Jan. 1, 1912
c* 5 Int. at Louisv. Tr.,Louisville,Ky.,TiU9te6
out 5 miles of track.
Consol. iuorc.,$u ,000, cur.
$500
ST. RY.-TroUey.
13. '86, under a perpetual charter.
Date, interest. Outstaud'g
Maturity.
Organization—
Stock & Bonds—
)
STKEET RAILWAYS.
Earnings— For fiscal year ending June 30, 1897, earnings were
" sufficient to cover fixed charges and interest."
Officers— President, E. P. Mlllett; Vice-President, E. W. Whlteby.
Secretary, E. G. Sebree, Jr.; Treasurer. D. Bank. Jr.
HERKIMER, N. Y.
Population
1990 was
HERKIMER MOHAWK ILION
in
& FRANK-
FORT ELECTRIC RY.-
OrQANIZATION— Consolidation in February, 1895. On July 1, 1899,
owned 6 miles of track. Capital stock, $150,000 par, $100. First
mortgage, $150,000, fives of 1895, J. & J , due 1925 interest at Farmers' Loan & Trust Co., N. Y.
Gross, $20,954; net, $10,341
LATEST Earninqs-6 mos., } 1899
Gross, 19,459; net,
Jan. 1 to June 30.
9,091
5 1898
For year ending June 30, 1898, gross, $38,631; net, $20,244
charges, $10,308; dividends, $9,000; bal., surplus for year, $936.
In 1896-7, gross, $41,348 net, $21,391. Pres., J. Ledlie Hees, Mohawk. N. Y.
;
;
;
HOBOKEN,
N. J.
Population 1890 was 43,648; in 1880 was 30,999;
AND IN 1870 was 20,297.
NORTH HUDSON COUNTY
,
Stock
&
Bonds—
Date,
Oiitstand'g. Last div.,dl'
interest.
1st mortgage (*1, 000)
Consol. mort. ($3,000,000)
.
1892, 89f
^1,000,000
620.000 Jan. 1,1914
0-570000
Tnlv 11, ia^8
iq9a
^,-J'»,000 July
-
6 J.
J.
) ,qqq
t
s t _ "'•
$620,000toretire IstM 0*5^°''*' ^''1894 5 M. - N.
2d mortgage ($1.000)
835,000 May 1,1904
1892 6 F. - A.
Bebenture 68 ($1,000)
404,000 Feb. 1, 1902
Annual Report— Reports for 3 ears ending Dec. 31 show
Gross.
Xet.
Charges.
Balance.
$966,279
$311,943
1898
923,100
1897
296,063
$266,426
8nr.$29.637
1896
906,985
277,660
257,137
sur. 20,523
1895
871,273
251,443
sur.
246,64S
4,795
Officers— President, David Young; Secretary, W.
Treasurer, W, G. Shaller. Index— V. 62, p. 411; V. 67,
Doubleday
C.
p. 41, 86; V. 68,
p. 673.
&
Bonds—
HOLYOKE, MASS.
Population
in 1895
WAS
was
21,915;
IN
;
In 1880
HOLYOKE STREET RAIL"WAY-Trolley.
Organization— Population
Stock—
Stock, $.5(X),000 ($100)
Bonds ($500, etc.)
Leased
Tom
in
Bate,
1895
interest.
Outstanding.
Lastdiv.,eti.
J-J
$400,000
250,000
Julv 1,'99,4%
Apr. 1, 1915
A-O
line rental, Mt.
RK. Stock, 6 p. c
6
100,000
In 1896 $1.50,000 of stock was issued for construction, etc., and 6
mUes of track were built. In July, 1898, stock was increased from
$400,000 to $300,000 to capitalize the floating debt. V. 66, p. 616.
The loans payable were $78,900 Oct., 1898.
Dividends— In 1892 to July, 1899, Inclusive, 8 per cent yearly.
Road— Has 33 26 miles of track. Operates Mt. Tom (incline) RR.,
4,900 feet long, under a 25-ycar lease. In Feb., 1899, extention to
Ea.sthampton reported to be proposed.
EARNINQS—For years ending Sept. 30 earnings have been:
1898
1897
1898
1897.
Gross earning8.$22»,097 .$216,684 Dlvs. paid (8 p.c.)$32,000 $32,000
65,96(> Bal., sur. for year
3,641
4,315
Net
74,585
Int., taxes, Ac.
38,94 1
29,645
T'l
sur.
Sept.30.
Bal. for div'nds
$65,260
$36,604
35,641
36,315
Officers- President, General Manager aud Purchasing Agent, SVd'.
8. Loomis; Treasurer Wm. R. Hill.— V. GO, p. 616.
I
|
HOMESTEAD,
Population 1890 was 7,911
;
and
PA.
in
1880 was 592
HOMESTEAD & HIGHLANDS STREET
RAIL WAY—See Monongahela street Ry Pittsburg, Pa.
,
HOOSICK FALLS,
Population 1800 was 7.014; and
in
N. Y.
1880 was 4,530.
BENNINGTON & HOOSICK VALLEY RY.-
A troUey road.
interest.
Outstand'g. Maturity.
$130,000
1894
6 J-J
30,000
60,000 July, 1924
at par for s. f. after 1904
($500). ^Subject to call
' Int. at Intern'l Tr. Co.,trus.,Bo.'<t.,Ma8a.
J
i
1897
."^g.
Jan.l,l&28
$100,000
J-J
Int. at Intern'l Trust, Boston, trustee.^)
Earning —For 4 months ending July 1, 1398, when middle 5 mlle»
were completed and whole road opened for traffic, gross, $8,496; net»
$3,459.
President, George E. Greene; Vice-President, W. M. Holmes; Treasurer, I. E. Gibson; Sec, E. L. Bates; General Manager, C. B. Story.
Directors— Galen C. Moses, Edward L. Bates, Irving E. Gibson,
William C. Geer, George E. Greene, Joseph Buckley, Watson M. Holmes,
Levi E. Warden, and F. S. Donnell.
HORNELLSVILLE,
N. Y.
Population 1890 was 10,996 in 1880 was 8,195
and in 1870 was 4,552.
;
HORNELLSVILLE ELECTRIC RAILWAY
—A trolley road.
Organization—Chartered Dec. 16, 1891. Road completed in 1893»
Date, interest. Outstand'g.
Jfa^Mri/j/u.
Stock & Bonds—
Stock, $50,000 (par, $100)
$50,000
1st mortgage ($500)
1892 5 J-J
50,000 July 1, 1912
2d mortgage ($500)
1895
6 J-J
20,000
1915
Interest is payable at the Fourth National Bank, New York City.
Road— Single track main Une in city, 4'34 mUes ; branch line, -50;;
sidings, -22 total of all, 506 miles.
;
Earnings— For years ending June 30
Net
Other inc. Int. <t taxes.
Balante^
sur $1,956
def.$987
$7,054
$4,111
406
1,551
4,258
def. 2,302
Officers— President, Charles Adsit; Vice-President, F. D. Sherwood Secretary, De MervUle Page Treasurer, George T. Rehn.
Gross.
1897-98
1896-97
$10,904
11,896
;
;
HORNELLSVILLE & CANISTEO
RY--
OrQANIZATION, Etc.— Owns 4-32 mUes of trolley track.
Stock
&,
Bonds—
Date.
Interest. Outstanding.
$100
A&O
$50,000
50,000
5,500
Earnings— Year 1897-98: Gross, $15,433;
net, $394;
Stock, $50,000, par,
Istmortgage
1892
Canisteii Valley Ry.
6
bonds
Maturihf.
Oct.
1,
1912
-
deficit
undeT
charges, $4,431.
Officers— President, D. M. Page; Secretary, Charles Adsit.
HOT SPRINGS, ARK.
Population 1890 was 8,086; in 1880 was 3,554;
and in 1870 was 1,276.
HOT SPRINGS STREET R AILROAD-Trolley.
to
Springs
in 1894; successor
Hot
Eleetritr
Controls Fountain & Suburban RR., 1 mile.
Maturiti^..
Date, interest. Outstanding.
db Bonds—
Organization— Chartered
Street Railway.
Stock
Stock, $500,000
1st mortgage, gold
1894
6g.
J-D
$200,000
200,000
June
1,
1924t
Other indebtedness Aug.,
None
1898
Trustee is St. Louis Trust Company, St. Louis, Mo.
Road— Operates 11-8 miles of track. Extensions of 2 miles proposecl
Officers—President, S, W. Fordyee; Secretary, C. E. Maurice;
Treasurer, General Manager and Purchasing Agent, C. G. Convers.
HOUSTON, TEXAS.
1895 given as 40,322.
5
Hoosick
In 1899.
was 35,528
1870 was 10,733.
40,322; in 1890
AND
g.
Ben. &H.V. IsfrM., $250,000,
gold ($500 and $100)
Road— 161^ miles long.
trolley road.
20, 1896, road from Fort Lee,
opposite 125th Street, N. Y., to Englewood, N. J., Leonia, Nordhofi,
etc. 9 miles of track in operation Nov. 1, 1898, and three miles additional, Leonia to Hackens-ack, opened for business In March, 1899,
Ferry connects line with. N. Y. City. Stock authorized, $500,000; issued $200,000. 1st mortgage, $500,000; Land Title & Trust
Co. Philadelphia, trustee; $200,000 issued Jan. 1, 1899. Calendar year
1898, gross, $41,583; net, $5,127.
President, Chas. T. CoUoday; Vice-President, W. H. Clark; Secretary
and Treasurer, W. N. Barrows.
Date,
(
Hoosick Ry. IstM.,
BEROEN COUNTY TRACTION-A
Organization— Began operating April
in October, 1897, of the
Stock, com., $130,000 ($100)
Pref., noncum., non-voting,
5 per cent ($100)
RY.-An electric road.
Organization — Owns about 50 miles of street and elevated trolley
'ines In Hoboken. '\V. Hoboken, Jersey C.,U. Hill, Weehawken, Guttb'jj
and North Bergen, N.J. and vicinity. Besides roads owned in fee,
controls Hudson & Bergen Traction Company, owning Jan. 1, 1898, l^a
miles of track and having $25,000 of paid In capital stock and $74,461
of debts; also the Pavonia Horse RR., owning 4 miles of track and
having outstanding $45,000 of full-paid stock, all owned by the North
Hudson County RR. Co.
In Jan., 1899, North Jersey interests secured control of about $750,000 stock. By agreement with the North Jersey Street Ry. operates
its trolley cars over North Jersey tracks in Jersey City and thus reaches
the Pennsylvania ferry from Hoboken.— V. 68, p. 41,
Stock auth'd $1,250,000 ($25)
Organization-A consolidation
Ry. and Bennington Electric RR. A line was constructed from
Bennington to connect the roads, and a $250,000 mortgage has been
authorized, of which $90,000 reserved for future needs and $160,000
to be used to retire Hoosick Ry. 6s $60,000 future extensions and improvements. Total population served July 1, 1898, 25,000 to 30,000*
Stock
4.666.
45
Population 1890 was 27,557; in 1880 was 16,513;
AND Ui 1870 WAS 9,382.
HOUSTON ELECTRIC STREET RAILWAY
-A trolley road.
Organization—Successor in September 1, 1896, to the Houston Cliy
was sold in foreclosure May 6, 1896. V. 61, p» &25>
New Stock & Bonds— Date, interest. Outstand'g Mahi;^^.
Street Ry., which
Stock, $2,000,000 ($100)
J.-J.
—
$428,000
lde©»
137,000
7— J.-J.
730,000 Sept. 1,132:1
5 g. M-S
Subject to call at 105 afte? 191«;
Istmort. onpartof prop...
Con. M.. 8. f., $1,000,000 >
e'\
gold ($500)
1884
1896
Income mort
1896 6
p. c.
$775,000
l^l"
Interest at International Trust Co., Boston, consol. mort. triMtia*.
Bonds— CoTiHol. 58 can be called for payment at 105 after 1916* SlaXIng fund of 15 per cent of net earnings begins iu 1899, aud aftar Ja&^
1906, Is limited to 5 p. c. of outstanding bond.s. Consols for $15O>000»
reserved to retire the^old .irst 7s, $137,000. The mortgage is » flJSt.
bonds authorized at $10,000 per mile ou neiR
lien on al>out 26 miles
construction.
Road— Operates 35 miles of track.
Earnings- From Jan. 1 to June 30. gross, $102,868 In 1899: $99.15&In 1898.
Report— Earnings for years ending Dec. 31
Dal.,tvr.
Other tnr. Int. it tax.
Gross.
Net.
.t7,f-25t
$Hv,()4(i
$2,218
1898
$202,620
,f,'5«,139
11.645
189,H,57
54,442
(i.J.04H
2.039
1897
55,887'
1122,272
1,680
202,240
1896
T6,479
;
.
Includes Interest ($15,372) only from Sept. 1, 1893, 4 months.
Officers— President and Treasurer, A. N. Parllii; Vice-Prcs.
General .Manager, H. F. McGregor; SecreUry, F. J. De Morltt; AjmU^
ant Treasurer, J. W. Payne.
II
•«
J
:
STREET RAILWAYS.
46
Directors— A. N. Parlln and George E. Smith oC Boston; Austin
Corbiu of Xew York, and F. A. INIagee, H. V. MaeGregor, J. H. Kirby,
T. W. House, W. D. aeveland audE. P. Hill, of Houston. -V. 61. p. 112,
281, 611, 925; V. 62, p. 84, 277, 548, 869: V. 63, p. 229; V. 66. p. 950.
HOUSTON HEIOHTS ELECTRIC STREET
railwaymanufacturing portion
of
Organization— This line starts from the
Houston Heights, extends through the residence district, and terminates in the centre of Houston, affording rapid transit to and from all
portions of the Heights. It was leased to the Houston City Railway.
Rental received for year 1894-95 was $13,967. Mortgage is for $100,000 and is dated 1893; interest in default since May 1, 1895.
HUDSON,
N. Y.
Population 1890 was 9,970; in 1880 was 8,670;
AND IX 1870 WAS 8.615.
—Is a consolidation of Hudson Street
Power Co Kinderhook & Hudson RR., Greenbush & Nassau Electric,
Citizens' Electric Light & Power of Hudson and Kinderhook Power &
Light Co. Intention is to build an electric line between Hudson
and Albany, to be operated by the third-rail system; the new company,
it was reported would build a 10-mile connecting link between NiverTille and Albany and aUo a new steel bridge at Rensselaer 1,900 feet
long to cross the New York Central and Boston & Albany railroads.
It will also supply light and power along its route. Active operations
were to be begun at once. Has purchased water power at Stuy vesant
Falls and other places. William F. Sheehan, A. M. Young, Charles
Cooper and others are said to be interested. Stock authorized, $2,500,,
000; present issue, $2,000,000. Bonds, 1st mortgage 40-year 5 per
cent gold (M. <k S ) $2,500,000, have been authorized; present issue,
$2,000,000; Colonial Trust Co., New York, trustee. The street railways include 35 miles of main line and 4 miles of sidings.
OrQanization-— Incorporated
in 1897.
be
in
Albany
&
Hudson Railway & Power (which see), and all the securities of the
Hudson Street Railway will be retired. As part of the general scheme
of consolidation, the Hudson Light & Power Co. in June, 1899, changed
so as tD absorb
its name to the Hudson Light & Power & Railroad Co
the Hudson Street Railway. The Kinderhook & Hudson was at the
same time merged in the company.— See V. 68, p. 1181.
,
HUNTINGTON,
Bonds—
) , aaa
.....^1^9^
$4,000.000
Citizens' St. Ry. ($1,000).. 1881
RR. ($1,000)
Citizens' St.
extendedsubjectto call
Citizens' St. Ry. oonsol.
m. $4,000,000 gold o"^
. .
Interest due
N. Y.
Gross
x'ayable at the Atlantic
Trust Company,
Road— Owns
Pres..
way.
New York
3 miles of track.
W. H. Baldwin,
New
City.
Jr.; Sec.
Net
Charges
Dividend
Balance
and Tieas., A.
$8,508
$4,737
der.3,952
1,1^3
1.300
(2i2%)600
1,300
def.5,252
C. Bedford,
July
300,000
700,000
1,
1901
June 1, 1900
J-D
5 Interest at III. Tru.st & Sav. Bank, Chicago.
1893 5 g. M-N
3,000,000 May 1, 1933
5 Trustee Solicitor.?' Loan & Trust Co. of Phila.
>
1892
)
May and November on
1893
Citizens' consols of
is
Citizens' consols are
exempt as
to principal
and interest from any
tax which company may be required to pay. The $700,000 Citizens*
2d 68 were extended two years to June 1, 1900. V. 67, p. 28.
Road— In March, 1898, the Citizens' company owned, controlled and
operated about 100 miles of road.
Earnings— For year ending Dec. 31,|1897, the Citizens' company was
reported to have earned all of fixed charges, taxes, and a balance for
stock.— See V. 65, p. 1071. For fiscal years ending April 30, gross
earnings were In 1897-8, $978,964; in 1896-7, $922,727; in 1895-6,
$ '56,105; in year 1894 gross were $850,215, against $812,111 in
1893; net, $383,246, against $251,226.
V. 66, p. 81, 759, 856, 900, 953: V. 67, p. 28, 1308, 1356; V. 68, p. 40,
2 1,330,379,427,473,571,618,671,723,871,927,1023; V. 69, p.
—
180.
Officers.— President, Hiram P. Wasson, Indianapolis; Vioe-Pres
and Gen Manager, Hugh J. MoGowan.
IRONDEQUOIT,
N. Y.
Population 1890 was 2,415; in 1880 was 1,986;
AND IN 1870 was 3,990.
ROCHESTER & IRONDEQUOIT RAILROAD—A trolley and steam road.
Organization—Chartered May 19, 1893, and Nov. 1, 1893, leased the
& Lake Ontario Railway at the rate of 15 per cent per
Rochester
annum on its capital stock of $65,000. In 1898 made a 2d mortgage of $125,000 to the Roch. Trust & Safe Dep. Co. as trustee. V
67, p. 1209. In May, 1899, H. F. Atwood was appointed receiver.
Interest on 1st mortgage due April, 1898, said to be in default, and
floating debt $ 235,000. Foreolos are pending.
Stock ($700,000)par$100.$700,000
Earnings—Years ending June 30:
Ist mortgage 5s, A&O
350,000
1898
1897
(Due Oct. 1, 1933.)
Gross
$39,568 $36,454
2nd mortgage, J&J
125,000 Net
16.390
7,080
Other income.... 9,479
(Due July 1, 1918.)
11,306
30,
Loans June
'98
$221,000 Charges & taxes. 32,036
37,634
df.«,167df.l9.248
Road— Owns 9 mUes of single Balance
-V.
67, p. 1209; V. 68, p. 929.
IRONWOOD, MICH.
May, 1890. The securities, earnings,
etc., are as follows. In 1898 the Long Island RR. purchased almost
the entire capital stock, and converted road into a trolley line, being
opened as such June 17, 1898. See L. I. RR. item, V. 66, p. 1189.
Stock ($30,000) par $100.. $30,000
Earnings— Year ending June 30:
Ist mortgage 5s, J&D
26,000
1899.
1898.
is
J-
Population 1890 was 7,745; in 1899 (kstimated^ 9,000.
in
(Due in 1920.)
Outstanding Dividends, <tc.
$5,000,000
(?)
6
6
track- leases 6'046 miles single
track and -370 miles of sidings.
HUNTINGTON RAILROAD-A trolley road.
Interest
Interest.
payable at Fourth Street National Bank, Philadelphia.
Population 1890 was 3,028; in 1880 was 2,952:
AND IN 1870 WAS 2,433.
Organization—Chartered
Dale.
:
& POWER
ALBANY & HUDSON RAIL^WAY
Railway, Hudson Light &
HUDSON STREET RAILWAYTo
merged
&
Stock
Capital stock ($100)
Indianapolis Street, M.,
def 707
26 Broad
.
TWIN CITY GENERAL ELECTRIC&
Stock
Bonds
-
Date.
Interest.
Outsland'g.
Maturity.
Stock ..
$400,000
Mortgage, $125,000
6
125,000
Old Colony Tiust Co., Boston, is trustee of $125,000 mortgage.
Road— Owns 7^2 miles of track.
Earnings— For year ending Nov. 30, lg98, gross from lights, $49,000; from railway, $14,803; total, $63,800; net after paying interest,
In 1896-7, total gross, $62,320.
etc., $12,319.
Officers—President and General Manager, E. D. Nelson; VicePresident, H. M. Byllesby; Secretary and Treasurer, H. F. Jahn.
York.
ITHACA,
INDIANAPOLIS, IND.
Population 1890 was 105,436; in 1880 was 75,056;
and in 1870 was 48.244.
ITHACA STREET RAILV/AY-
BROAD RIPPLE TRACTION-A troUey road.
The Indianapolis & Broad Ripple Rapid Transit Co. was sod at
foreclosure on July 15, 1899, for $200,000 to W. F. Brown of Philadelphia, and the present company organized as its successor July 17,
1899. Stock, $100,000; par $100. See V. 69, p. 180. It is reported
the road will be operated by interests friendly to the Indianapolis
Street Railway, but a separate organization to be maintained.
Road— Embraces, it is said, 7 miles of track.
Officers— Presidcut, Jilm B. Warner. V. 68, p. 723, 871, 927,
1225; V. 69, p. 180.
INDIANAPOLIS STREET RAILROAD.-A
N. Y.
Population in 1890 was 11,079; in 1880 was 9,105;
AND IN 1870 was 8,462.
trol-
ley system.
Organization.— Organized in 1899 and after acquiriug the Citizens'
Stre t RR. ol Indianapolis and tlie City Railroad made a contract with
the City of Indianapolis agreeing to surrender the rights and franchisee of both companies and accept a new franchise running only
thirty-four years. The contract also provides that cash fares are not
to exceed flve cents, with free transfers, and tickets are to be sold at
the rate of six for twenty-five rents and twenty-five for one dollar.
The company also binds itself to pay over to the city (which is to expend It on the public works) the sum of .$30,000 yearly, from 1899 to
1925. and $.iO,000 yearly, from 1926 to 1932. inclusive, the contract
expiring in 1933— see V. 68, page 723.
Under the plan of consolidation the stock of the Citizens' RR. was
exchanged for Indianapolis Street Ry. securities, but the bonds of the
Citizens' stockholders got a
Citizens' RR. remained undisturbed.
$1,000 4 p. c. gen. mtg. Ijond of the Indianapolis Street RR. and $200
fn Indianapolis Street RR. stock for every 20 shares of Citizens' stock.
Asto the three-cent fare case, which the U. 8. Court of Appeals decided
In favor of the Citizens' Co. in Dec., 1897, see Sui-PLEMENTof Nov.,
1898, and V. C4, p. 842, 1180; V. 65, p. 51, 181, 1172.
Organization— Chartered Nov. 18, 1884. Changed ownership about
Leased the Cayuga Lake
1, 1892, and property reconstructed.
Electric Railway in June, 1894, for 49 years upon the terms that it
May
I
pay principal and interest of the leased roads, $25,000 first mortgage. Owns 6 miles and operates 7-5 miles of track, extending to
Cornell University eampus, railroad stations and steamboat landing
shall
Stock
&
Bonds—
Date.
Stock, $300,000,pr.$100
Istmortgage
<
(
2dmortgage
interest.
OiUstand'g.
Maturity.
$300,000
See text.
1892
6J-J
175,000 July 1, 1922
Int. payable at Farm. L.&T. Co., N. Y. City.
1894
6J-J
$75,000 July 1, 1922
1894
6 J-D
25,000 June 1,1922
CayugaL.Elec.l8tM.,gu
Loans and bills payable June 30, 1898, $25,724.
Stock— In 1893 the capital stock was increased from $175,000 to
$250,000. In July, 1895, additional stock for $50,000 was authorizea.
Dividends.— In July, 1895, 3 per cent; in April, 1896, 3 p. c; 1896-7,
2*8 percent; in 1897-8, 213 per cent.
Bonds—The Ithaca Street Railway Company owns and holds in its
treasury the entire stock of Brush-Swan Electric Light Co. (capital,
$50,000) and also the Ithaca Transfer Co. (capital, $2,500). The bonds
of the Ithaca Street Railway Oo. cover the above properties.
Earnings- For fiscal year ending June 30, 1898, gross, $59,127;
net, $12,366; other income, $16,015; interest and taxes, $29,037; dividends. (2i2%) $7,500; balance, deficit, $8,156. JFor year 1897, Street
Ry. gross was $59,005; net, $16,704; other income, $11,930; interest
and taxes, $19,106; dividends (2^2%) $7,500; balance, surplus, $2,028.
For year 1895-96
Chross.
Net.
Int. dk taxes. Surplus.
$61,425
$28,681
$17,595
Street Railway receipts
$11,087
Electric
Light..
28,052
11,933
75
Brush-Swan
11,858
5,324
Transfer
Co
1,147
26
Ithaca
1,119
Totals
President,
$94,801
Edward G.
$41,761
$17,696
Wyckofi"; Secretaryand Treasurer,
Mortimore, Ithaca, N. Y.; General Manager,
.
$24,064
John
A
STREET RAILWAYS.
JACKSON, MICH.
Population 1890 was 20,798; in 1880 was 16,105;
AND IN 1870 WAS 11,447.
troUey road.
JACKSON STREET RAILWAY-A
1881. In
September, 1897, W.
Organization— Chartered Aug. 24,
A. Foote, £W receiver, was authorized to borrow $16,000 for repairs.
In Feb., 1899, still in receivers' hands and reorganization not agreed
upon.
JACKSONVILLE,
Population 1890 was 12,935;
AND
IN 1870
WAS
in
25, 1867.
1880 was 10,927;
Special perpetual charter.
Outstanding.
Maturity.
Hook.
JAMESTOWN,
N. Y.
IN 1880
was
<6
No. Jersey
St. Ry.
,
Total
of
all.
JAMESTOWN STREET RAIL'WAY-A
1,226,891
120,696
2,124,721
3,472,308
619,294
59,352
991,079
1,669,725
607,597
61,344
1,133,642
1,802,583
All exiiend. for repairs, operation, supeiintendence
andmanagement
Balance
•Operated by North Jersey St. Ry. from June 1, 1898, and balance
of year included in that company's report.
Officers (May, 1898).— President, Edward F. C. Young; Vice-President, David Young; Secretary, Wilbur F. Johnson; Treasurer, E. K.
Hill; Auditor, E. H. Hibbs.— V. 66, p. 277, 573, 664. 955, 1046, 1141;
V. 67, p. 75,530; V. 68, p. 41, 525, 673; V. 69, p. 233.
CONSOLIDATED TRACTION OF NEW JERSEY-
(1)
9,357
ORGAN IZATION— Incorporated in March,
5,336.
1893, to acquire control of
reaches from Jersey City to
Newark, Orange, Elizabeth, Bloomfleld, etc.; also carries passengers
to Passaic, thence by steamer to Bay Ridge, L. I., and via Long Island
New Jersey. System
street railways in
troUey
road.
Organization—Incorporated Oct. 18, 1883. Franchise runs till 1982
Population served said to be upward of 28,000.
&
interest. Outstanding. Maturity.
Date,
Bonds—
Stock
Stock ($250,000) par $50
$250,000
1st M. $300,000 gold, oM 1893
6gJ-J
300,000 Jan. 2, 1923
$1,000
< /jUeres< payable at State Trust Co., Trustee.
Bills payable June 30, 1898
$218,728
Open accounts
161,657
The mortgage is limited to $300,000 and covers all property and
rights now owned or hereafter acquired.
Earnings-Year ending June 30, 1898, gross, $88,142; net, $27,672;
other income, $2,760;interest and taxes, $29,948; bal., surplus for
year, $484. In 1896-97, gross, $85,002; net, $16,802; other income,
$1,705 interest and taxes $20,358 ; bal., deficit for year, $1,851.
Road Owns 18'67 miles of track, of which 3 mUes is second track.
President, A. N. Broadhead
Vice-President, L. B.
Officers
Warner; Secretary, W. S. Cameron; Treasurer, S. B. Broadhead.
Superintendent and Purchasing Agent, G. E. Maltby.
;
—
;
JANESVILLE,
"Newark
'ft
subject to call before maturity.
Road— Owns 5 miles of track.
Officers— President, Wm. S. Hook; Secretary, Marcus Hook; Treas.
;
Tear ending Dec. 31. 1898.
'Consol.
9,203.
interest.
POPULATION 1890 WAS 16,038
AND IN 1870 was
as follows
$
$
S
Income from passengers.. ..1,215,420 119,550 2,112,716 3,447,686
Other income
11,471
1,146
12,005
24,622
ILL.
$33,450 f. p
Jan. 1, 1912
35,000
1st mort., $75,000, gold.. 1892 6 g J - J
Trustee is St. Louis Trust Co., of St. Louis, Mo. The bonds are not
urer, Francis
mortgages of the Newark & South Orange, aggregating $2,000,000,
having been paid, were canceled of record. -V. 68, p. 425.
ROAD—Owns 28 miles of track, and leases system formerly operated
by Consolidated Traction Co., 190 miles; total, 218 miles. North
Hudson County Ry., 50 miles, operated in same interest.
Earnings—For calendar year 1898 the different divisions reported
Trar. Co. So. Orange.
JACKSONVILLE RAILAVAY-A trolley road.
Organization— Chartered Feb.
Date,
Stock & Bonds—
Stock $50,000, par $50
47
RR.
Manhattan Beach and Coney Island. V. 65, p. 277.
1, 1898, the property was taken over by North Jersey Traction Co., which assumed all its obligations, under a 999-year lease that
guarantees 2 per cent on the stock for the first year, this rate increasing gradually until 4 per cent is reached at the end of eight years, 4
per cent being then guaranteed for the remainder of the lease.— V. 66
to
On June
p. 1141.
Dividends under lease will be
1899-1902,
1904-1905,
1903,
1906,
Thereafter
2 per cent.
21^ per cent.
312 per cent.
3 per cent.
4 per cent.
Stock Bon ds Jan.l,'99. Date, interest. Outstanding. Divs., etc.
Stock, aU paid in
$15,000,000
See text
Underlying bonds— see below
6,108,000
1893 5 g J-D
ist mortgage, gold
14,712,000 June 1, 1933
^
$15,009,6o6T$l,000).. \ interest atlvianhattan Tr.'co., N. Y., trustee.
Cost of road and equipment to Jan. 1, 1899
$37,780,583
:
&
Underlying Bonds.
Newark Passenger Ry.
Ist con.=ol. 5s, J&J, guar. p. & 1
$4,250,000
Interest at Peoples' Bank, Philadelphia.
Pass. Ry. sub. companies
1,600,000
Jersey City & Bergen Railroad
258,000
The gold bonds of 1893 are free from tax and secured not only by
mortgage, but also by deposit of $1,000,000 stock of J. C. & Bergen
RR., $161,625 stock of Newark Plank Road Co., $6,000,000 stock
NewarkPassenger Ry., and .$99,100 stock of Jersey City Harrison &
Kearney Railway Co.
Road.— In 1899 there was in operation 190 miles of track, including
Newark
AVIS.
Population 1890 was 10,836; in 1880 was 9,018
and in 1870 was 8,789.
JANESVILLE STREET RY.-A trolley road.
Organization— Chartered in 1886. Franchise runs till 1916 and
gives exclusive rights to operate street railway in the city.
MIs. Date, interest. Outstand'g. Maturity,
Stock
Bonds—
Stock, par $100
$50,000f.p
Ist mortgage
6
1892
75,000
Oct. 1, 1912
Mortgage trustee is the Finance Company, Philadelphia, Pa.
Dividends in 1892, 6 per cent; in 1893, 2 per cent; in 1894, none.
Earnings— In 1893 gross, $12,691 net, $1,640.
Road— Owns 6 miles of track. Rail, 35-lb. TOfficers—President, G. W. Blabon, Philadelphia, Pa.; Vice-Pres.
James Shearer Sec. and Treas., E. L. Blabon.
&
6A-0
Road Absorbed—
Stock owned.
N. J. Traction Co
Newark Pass'ger Ry. Stock owned.
J. C.
Har.
J. C.
&
K. RR... Stock owned.
Newark Plank Road. Stock owned.
& Bergen RR... Stock owned. Passaic & Newark El.Stock owned.
Stock, debts and mileage of the leased
and controlled
lines
;
;
JEFFERSONVILLE CITY,
Population 1890 was 10,666;
and
in 1870
was
in 1880
7,254.
was
IND.
9,357;
JEFFERSONVILLE CITY RAILWAY.Incorporated
January
OrQANIZATION—
14, 1889. Sold in foreclosure
$8,200.
Road—0|crated 5 miles of track with mules. Office, 57-59 Spring St.
Officers— President, E. J. Howard; Superintendent, E. Frazer.
In August, 1896, to
Edward Howard for
JERSEY
CITY, N.
;
STREET RAILM'-AYNORTH JERSEY
In January,
the
North Jersey Street Railway
1898,
ORQANIZATION—
absorbed the Newark & South Orange, 18 miles, and in May, 1898,
leased the lines of the Consolidated Traction Co. for 999 years.— V. 66,
p. 664, 955, 1141. Control of the North Hudson County system. 50
miles (see Hoboken), was acquired in same Interest in Jan., 1899 (V.
68, p. 41).
In July, 1898, it was stated that the Orange & Passaic Valley Ry.
was controlled by or would have harmonious relations with the North
Jersey Street Ry. and intended to extend its line from Bloomfleld to
connect ai Upper Montclalr with the North Jersey line building from
Montolair to Passaic and south from Orange Valley to South Orange
—V. 67, p. 75. Control of New Jersey Electric Railway la understocd
to have been secured In its interest in 1899.
Stock
Bonds— Miles. Date. Interest. Outstanding. Last div., etc
&
$5,000,000
^*O0O^'"K*'li°0o6^••
eacfi...."...:
.
..
5
1898
4g.
M-N
Manhattan Trust
Interest at Fidelity Title
&
6..500,000 May 1, 1948
Co., N. Y., trustee.
Deposit Co., Trustee, Newark, N. J.
to the Manhattan Trust Co..
as trustee, to aecure $15,000,000 50-year gold bonds, bearing 4 per
cent Interest after May 4, 1899.— V. 66, p. 1046. In 1899 the two
Bonds— la May, 1898, made a mortgage
Stock.
None
$500,000
Debts.
83
12
41 1^
Ry. 10
6,000,000
$5,850,000
504,000
500,000
1,000,000
258,000
100,000
4%
Newark Plank Road
162,000
74,702
Passaic & Newark Elec. Trac
10%
1,000,000
4,000 shares
Port Richmond & Bergen Pt. Ferry
Earnings— Since lease earnings have been included in returns of
North Jersey Street Railway. Previously they were
For the year ending Dec. 31
1897.
1896.
1895.
$2,779,264
From passengers
$2,487,104
$2,967,794
21,3X8
25,658
20,452
Other income
:
:
Total
Operating expenses
Balance
J.
Population 1890 was 163,003 in 1880 was 120,722
AND i.v 1870 was 82.546.
Stock
New Jersey Traction Co
Newark Passenger Rv
Rapid Transit Street Ry
Jersey City & Bergen RR
Jersey City Harrison & Kearney
Miles.
$2,993,452
1,447,517
$2,800,582
1,468,440
$2,507,556
1,557,430
$1,545,935
$1,332,142
950,126
(2) JERSEY CITY & BERGEN RAILROAD—
Road— Owns from Jersey City to Bergen Point, etc., total track, 41 ^a
Controlled by Consolidated Traction Co., all the stock being
deposited as part security for the Traction Co. 1st mortgage.
Date,
interest. Outstand'g.
Maturity.
Bonds—
Stock
$l,000,000f.p
Stock
Jan. 1,1903
258,000
Ist mortgage ($1,000).. 0*. 1873
7J.-J.
Total cost of road and equipment to Jan. 1, 1899, $1,442,298.
miles.
&
(3)
NEWARK PASSENGER RAILWAY— Mostly electric.
Organization- Incorporated Juno
16, 1890.
On
July 29, 1893,
New Jersey Traction for 999 years, and so controlled by the
Consolidated Traction Co. of Now Jersey, the N. J. Traction Co. hav
leased to
Ing been leased to the Consol. Traction Co. of N.J. Jan.
999 years. Charter said to be perpetual.
Lease and Rental— Rental under the
Stock
&
Bonds—
$100
Stock.
New. «fe Blm. St. Ry. 1st....
Orange & Newark 1st M...
Belle.
& Newark
Essex Pass. cons.
Ist
M
M
Newark & Irvlngton Ist.
Newark PassenKer cons.
6
iQ-H
lease,
interest.
Te.xt.
I'ar.
F-A
A-O
5
6
t
Int. at
7
1804, for
$103,000 yearly.
Oulslnndiin/.
$6,000,000
100,000
49(;,r)()0
Manhattan
J-D
M-N
J-D
2,
Maturity.
Own. by C
Tr.
Fob. 1, 1901
Apr. 1,1905
Tr. Co.. N. Y. City.
200.000
753,.500
Juno 1,1900
Nov. 1,1905
Juno 1,1900
.'iO.OOO
1,000 6
July 1, 19:10
4,250.000
1,000 5 g. J - J
Trustee Solicitors Loan it Trust Co.. Phlla.
1890, $6,000,000 g...c'
a* S
The $6,000,000 stock Is all deposited as security for the Consolidated
Traction Co. first mortgage.
—
STREET RAILTVAYS.
48
Interest on consol. 58 is payable at First National Bank, Jersey
on other bonds at Manhattan Trust Co. of New York. The
City
consols are guaranteed principal and interest by the Consolidated
Traction Co. of New Jersey, and in February, 1895, the guaranty was
etaniped on the bonds.— V. 59,
Oonsol. Bonds— Ot the $6,000,000 consols, authorized $1,600,000 are
reserved to retire liens. The consols, are to be paid, principal and
Interest, without deduction for any tax.
Jan. 1. 1899, total funded debt was $5,850,000 (no other debts reported) and total cost of road and equipment was $11,850,000.
Dividend.— First dividend (1 per cent) was declared in June, 1894.
Road—January 1, 1899, aggregated 83 miles of track.
Earnings are included in reports of Consol. Traction Co. of N. J. and
KALAMAZOO, MICH.
;
•re not reported separately— V. 59,
969.
p.
(4) RAPID TRANSIT STREET RAILWAY.
Organization- In February, 1892, leased to Newark Passenger Hailway, and included with it in lease to New Jersey Traction, and so forma
Rental
part of Consolidated Traction system.
is
11% per
cent on
stock, besides interest, taxes, etc.
Stock. Bonds.
Etc—Pa*"-
Stock, trustees' certs
(1,000
NEWARK
Population 1890 was 17,853; in 18 '0 was 11,937;
and in 1870 was 10,447.
MICHIGAN TRACTION OF KALAMAZOO
& BATTLE
Date. Interest. Outstand'g.
Maturity.
Stock $500,000
(1)
New mort., f500,000($l,000) 1897 6 A&O
1927
(%\
The new bonds will be issued to retire the $100,000 underlying bonds,
and to construct connecting line of 27^2 miles, contract for which was
reported let in 1898, and to be in operation in 1899; consolidated roads
had 19 miles.
Officers— President and Gen. Man., L. N. Downs, Kalamazoo VicePresident. E. A. Greene. New York
Secretary. Dee Allen, Battle
Creek; Treasurer, C. A. Stover, 33 Wall St., New York.— V. 60, p. 857.
;
;
KANKAKEE,
^
HACKENSACK TRACTION
&
CO.— A trolley road.
Organization- Incorporated Feb., 1899, as a reorganization per
plan in Y. 67, p.' 127 (see also V. 66, p. 1090), of the Unioi Traction
Co. foreclosed Jan., '39. V. 68, p. 383. The main route is from Hackensack (where connection Is had with New York via Bergen County
Traction Co along the ridge between the Hackensack and Passaic
rivers, through the towns of Hasbrouck Heights, Woodridge, Carl«tadt. East Rutherford, Rutherford, Lyndhurst, Kingsland, to Arlington on the east side and to Belleville on the west side of the Passaic
River, 30 mUes of track; at Arlington connection is hai with Newark
via North Jersey Traction Co. The road is in operation to Woodridge
and will presently be completed to Hackensack.
Population 1890 was 9,025
Organization- Chartered Jan.
& Bonds—
Stock, $650,000 ($50)
Ist M., $500,000, gold
Maturity
1949
1899
500,000
5g.
for first year are to be cut from all the $313,850 bonds is
«uable in exchange for completion of the road; purchase of new equipment bonds for $186,150 were reserved. The new mortgage will cover
the whole road, including the proposed extension. Stock is to be rep-
Coupons
resented by following voting trustees
Frank M. Pierce
W. G.
etreet,
until the trust shall be terminated by an instrument in writing signed by each of the trustees.
Officers— Fres., W. G. McCormick; Vice Pres., W. C. Giles; Treas.,
and William
C. Giles, for
John H. Coon.— V.
:
two years, or
68, p. 383.
JOHNSTO\VN, PA.
POPULATION 1890 WAS 21,805;
AND IN 1870 WAS
IN 1880
WAS
8,380;
6,028.
JOHNSTOWN PASSENGER RY.-A
trolley road.
Outstanding.
Maturity.
Stock
—
& Bonds
par $50
Date,
interest.
Text.
$210,200
Stock $250,000,
250,000
Mar. 1, 1910
Oeneral mort. $250,000, < 1890 6 M-8
at
Fidelity
Trust, Trustee, Phila.
Interest
c
<
$1,000
$92,575
Bills payable June 30, 1898
Dividends— lii 1892, 6 per cent in 1893, July 1, 6 p. c; in 1894, July
;
1, 6 p. c; in 1895, 12 p. c; 1896, 6 p. c; 1897, 6 p.c; 1898, 6 p. c.
Earnings- Yearending June 30, 1898, gro-s, $113,031; net, $55,249; interest and taxes, $23,191; dividends, $12,612; bal., surplus,
^19,446. In 1896-97, gross, $106,3.50; net, $50,157.
Road— Operates 113 miles of road; 17-8 miles of track July 1, 1898.
Officers— President. Tom L. Johnson, Cleveland, O. Secretary,
S. E. Young Treasurer, Herman Baumer, Johnstown.
;
;
JOLIET, ILL.
POPULATION 1890 WAS 23,264;
AND in 1870 WAS
in
1880 was 11,657;
March, 1898, as successor, by
purchase in April, 1898, to Joliet Ry. (successor to Joliet Street Ry.,
sold in June, 1896), to which additional franchises were granted in
JTanuary, 1898. Population in 1897 (local census), 35,000.
Stock
&
Bonds—
Date.
Interest. Outstand'g.
Maturity.
$300,000
...
1889
6 M-N
75,000 May 2, 1904
.Joliet8t.Ry. 1st M. $75,000.
325,000 May 1, 1918
Joliet RR., iPt con. M., gold { 1898 5 g. M-N
$500,000 ($1,000 each)... 5 Portland (Maine) Trust Co., trustee.
Of the loan of 1898, $75,000 wiU be used to take up bonds due 1904.
tROAD- Operates 21 miles of track.
EaRNINQS— In July, 1898, was reported to be earning upwards of
%40,000 net yearly annual interest being $20,750. V. 67, p. 73.
Stock, $300,000
:
Officers— President, W. F. Milliken, Portland, Me.;
O. F. Duncan; Treasurer, H. P. Cox; Superintendent,
V. 66, p. 954 V. 67, p. 73.
;
Bonds—
Miles.
Vice-Presiilent,
F. E. Fisher.—
was 5,651.
7,
trolley road.
1891.
Date, interest. Outstand'g.
Maturity.
$50,000
^891
50,000 July 1, 1911
\---6 J-J
lstmort<^ase
181 mortgage
^ Trustee, the Northern Trust Co., Chicago, lU.
Road— In February, 1899, operated 8 miles of track.
Officers— President, E. Cobb; Vice-President, Chas. H. Cobb; Seorotary and Treasurer, W. C. Schneider; General Manager, C. H. Cobb.
KANSAS
CITY, MO.
Population 1890 was 119,668; in 1880 was 55,785;
IN 1870 was 32,260; IN 1898 estimated at 175,000.
CENTRAL ELECTRIC RAILWAY OF KAN-
SAS city-
of the Brooklyn Avenue Railway
be converted from a cable to a trolley line), the Northeast Electric
Railway, and some others. Controlled by the Metropolitan Street
Organization— Is a consolidation
(to
Stock
&
City.
Bonds—
Date.
0%Usland'g.
interest.
Stock
M&N
Maturity.
(?)
1899
5 g.
$2,000,000
May 1 1914
Colonial Trust Co., trustee.
Officers— Daniel B. Holmes, Presliient; Henry C. Page, Secretary.
M., gold, $2,500,000
($1,000). c*
)
,
5
METROPOLITAN STREET
RAIL^WAY-Cable
and trolley.
Organization— Incorporated July 19, 1886. In May, 1894, the
company secured control, by purchase of all the capital stock, of the
Kansas City El. (20-58 miles) and assumed the debt of that company.
In like manner it controls Kansas City & Rosedale St. Ry. and South
Suburban St. Ry. In June, 1895, the charters of all the constituent
companies were extended to 1925.—V. 60, p. 1105; V. 67, p. 634. In
July, 1899, was granted franchises for various new lines, the company
agreeing to pay the city 2 per cent of the cash fares collected from
business originating on these lines. The Central Electric Railway of
Kansas City, a new company, is also said to be controlled.
In October, 1898, P. D. Armour and Norman B. Ream purchased a
controlling interest in the stock, and in June, 1899, elected their own
board of directors.
&
Date, interest. Outstanding. Maturity.
Bonds—
Stock
Q.— F. $5,-586,800 Aug.l,'99,l%
Stock (see above)
Corrigan Con. St. Ry. Ist > 1886 5gJ-J
893,000 JiUy 1, 1916
Int.
dm.
at
110.
payable
at Central Trust Co., N. Y.
M. ($1,000)
5
Generalmort.($l,000,000) < 1889 5gM-S
1,000,000 Sept. 1, 1909
gold
\ Int. payable at New England Co., Boston.
Bonds assumed in consolidation of 1895
K- P Table 1st
ext in > ^^^'^ 5g. A-O $1,050,000 Apr. 1, 1901
Interest is payable in New York by Blair
^old
n &fe ii
guar. Pgold, ihq?
1897,^lar'
- ^ &co.audin Boston by New England Tr.Co.
Sumuiit Street M., old) -laa^ d A-O
<t^nf> AAn Apr.
i
int\-,
^1887 5 a rk
$300,000 a
1,1901
6s ext. in 1897....
Grand Avenue RyV'l's't) 1888 5 g. J-J 10 1,200,000 July 10, 1908
mortgage, gold
c J Trustee, Central Trust Co.
New mortgage
Metroplitan St. Ry. con. f 1895 5g. M-N
3,721,000 May 1, 1910
mortgage,
$8,500,000, < Not subject to call before maturity.
gold
c* ( Int. at Old Colony Trust, trustee, Boston.
Securities of subsidiary roads —
South Side St. Ry. 1st
5
$12,000 June, 1899
Kansas City Elevated Ry.
M
i.
—
M
M.
pref. ($600,000)
c*
1892
gold ($1,000)
in
in 1880
Stock, $60,000 ($100)
1st
7.263.
JOLIET RAILROAD-A trolley road.
Organization— Incorporated
&
Stock
Railway of Kansas
Date, interest. O^itslanding.
(in voting trust)
$650,000
;
ILL.
KANKAKEE ELECTRIC RY.-A
)
SECDBITIES PROPOSED BY MC CORMICK PLAN.
CREEK-Trolley.
Organization—A consolidation in 1897 of the Citizens' Street Ry.
of Kalamazoo and the Citizens' St. Ry. of Battle Creek. In July the
road's franchises were declared forfeited by the Kalamazoo City Council for failure to obey the demands of Council.
Outstanding. Last div., etc.
See text.
$504,000
500,000 Apr. 1, 19il
interest.
11\J-D30
5g A-O
Subject to call at 110 & int. any time after Apn
Interest at office of Fidelity Trust A
<
1, 1901.
Deposit Co., trustee, Newark, N. J.
Total cost of road and equipment to Jan. 1, 1899, $1,004,000.
Dividends of 11% per cent yearly are guaranteed by the Newark
Passenger and New Jersey Traction companies upon the trustees' certificates issued for stock. Miles of track 12-07.
l8t M. $500,000, e..c*
Stock
,
6gJ-J
4
iRtM com («2 000 000\( ^892
Interest
\
l^A ^«i^nnni'
gold
($1 ,000)
'
'
^
York
$600,000 July 1, 1922
2,000,000 July 1,1922
at Manhattan Trust Co. New
....
City, J-J.
ParkConnec.Ry.,p.&i.gu
6
30,000
Dividends— In 1895, 2 p. c; in 1896, 2'^ p. c; in 1897, 2 p. o.; in
1898, Feb., ^ p. c; May, 13 p. c; Aug., I2 p. c; Nov., 1 p. c; in 1899
Feb., 1 p. c;
May.
Bonds—The new
1 p. c; Aug., 1 p.
c.
consolidated mortgage for $8,500,000 is to be used
Reserved to retire when due the existing bonds of the
as follows
Corrigan, Metropolitan, Grand Avenue and Kansas City Cable issues
described in the table above, $4,550,000; for the purchase of the
property of the Kansas & Independence Rapid Transit Company, etc.,
being the amount of bonds issued on account of said properties by the
late Kansas City Cable Railway Company Consolidated, $2,075,900
(issued); for purchase of the West Side Railway Company, $330,000
(issued) for desirable improvements to the present system and for
future requirements the company held $329,000 consols in May, 1897.
:
;
STREET RAILWAYS.
Interest upon Kansas City Elevated My. Ist M. preference 68 Is
guaranteed, principal and Interest by endorsement, and upon Ist M.
common Ss 3 per cent per annum was guaranteed untilJuly, 1895,
and 4 per cent thereafter.
Road— The total mileage, after counting double track as twice single.
Is
as follows:
Miles.
4545 Kansas
Main
line (trolley)
(cable)
do,
Jioads owned.
Miles.
City & Rosedale 8t.
646
Ry. (trolley)
62-38
Suburban St. Ry.
Kan. C. Elevated Ry
so.
verted into trolley.—V. 67, p. 736.
Annual Report.— Fiscal year ends May 31. Earnings of the system,
excluding the Kansas City Elevated, have been as follows. No Information as to 1898-9 earnings made public, but road is reported to
have netted 1'^ per cent for the stock.
1898.
1897.
-Sear ending May Zl—
$1,766,253
$1,624,796
Gross earnings
987,399
928,316
Oper. exp., incl. taxes
Net earnings.
Other income
$778,854
223
$696,480
3,680
Total income
Charges —
Interest and guaranty
50 Corrlgan St. Ry. bonds retired.
Transferred to construction acct..
Dividends paid
Miscellaneous
$779,077
$700,160
$437,274
53,238
95.889
(2%)111.736
30,155
$445,321
52,050
56,535
(2 Wo) 139,670
$723,292
Total charges
$693,576
$6,584
Balance, surplus, for year
$50,785
Kansas City Elev. RR., Included above as to charges only, had for
the year 1897-8, gross, $176,599; net, $101,806; int. on bonds. $116,000; def., advanced by Met. St. Ry., $14,194. For 1896-97 gross
earnings, $150,096,
Officers— Chairman of Board, P. A. Valentine; President, W. H.
Holmes; Vice-President, L. E. James; Sec. and Treasurer, W. E. Kirkpatrick; General Manager. C. F. Holmes.— V. 65, p. 112, 1115; V. 67,
p. 479, 634, 736; V. 68, p. 1226; V. 69, p. 26.
in October, 1898, to construct a
double-track road extending to the southern city limits. Will also
operate the city end of the line of the Jackson County Electric Ry.,
controlled by the same interests, which is to build a tlve-mlle doubletrack road from the city limits to Dodson and Swope Park. President,
Henry Smith Vice-President and General Manager, F. W. Sears
Secretary, Chett McDonald Treasurer. B. F. Burd.
;
;
Railway of Kan>as
RY.-See
Central Elec-
City.
Population 1890 was 22,535 in 1880 was 9,693.
Knoxville, North Knoxville and West Knoxville voted
;
Cities
(August, 1897,) to consolidate; population of consolidated cities estiofficials of Knoxville Traction Co. in 1898 at about 52,000.
mated by
KNOXVILLE TRACTION CO MPANY- A
Organization—A consolidation Mar. 30, 1898, of Knoxville Street
RR., Union Ry., Citizens' Ry. and West End Street RR all of whose
bonds, mortgages and stock have been surrendered and canceled. All
the securities of Knox. Elec. Light & Power Co., a consolidation of all
the light and power companies in Knoxville, are owned by the Traction Company, and pledged as part security for the new bonds below
described.— V. 66, p. 709.
Franchise is perpetual and gives " practically exclusive " right to
operate street railways in the city.
Par. interest. Outstand'g. Maturity.
Stock
Bonds—
Stock. $750,000
100
.$750,000
l8tM.of'98, $850,000, gold, ) $1,000 5g.A&0
850,000 Apr. 1,'38
tax free
5 Int. at trustee. Bait. Tr. & Gu. Co., Bait.
Bonds will have sinking fund of $10,000 yearly after stock pays 5
per cent dividend, but will not be subject to call. As said above,
mortgage covers the electric light and power plants as well as the
30 miles of road.
Road— Owns about 30 miles of trolley road.
Earnings— For nine months ending Dec. 31, 1898, gross, $139,736;
net, $72,899; charges, $37,130; balance. $35,769.
Officers— President, Franks. Hambleton, Baltimore; Vice-President
and General Manager, C. C. Howell Secretary and Treasurer, W. 8
Shields.- V. 66, p. 709.
,
&
;
KOKOMO,
3,411.
LIGHT,
HEAT & POWER.—
IND.
Population 1890 was 8,261; in 1880 was 4,042;
and in 1870 was 2,177.
KOKOMO
CITY STREET RY.-A troUey road.
In
Harry was appointed receiver. V. 68, p. 130.
Purchased at foreclosure sale on Jan. 28, 1899, by W. P. Stevens of
Detroit, ownerofKokomo Railway & Light Co., and it was said $90,000
bonds would be issued and roadimprovedandextended.- V. 6^,p.282.
Jan 1899, Charles
,
Stock
&
L.
Bonds—
1st M., $75,000
KEYPORT, N. J.
Population 1890 was
MIDDLESEX & MONMOUTH ELECTRIC
and
trol-
ley and. electric light enterprise.
Stock
Trolley
1897.
KNOXVILLE, TENN.
MISSOURI ELECTRIC R Y.-To be a troUey road.
NORTHEAST ELECTRIC
1898.
285
Taxes
$2,169 $1,698
$55,412 Dividends
9,000
9,000
19,812 Bal., sur. for year... 1,756
454
8,660 Total sur. June 30.. 8,755
6,999
Officers— President, 8. D. Coykendall; Vice-President, General
Manager and Purchasing Agent, George Coykendall; Secretary and
Treasurer, Peter E. Sohoonmaker: Auditor. O. L. Eastman.
Organization— Incorporated
tric
1897.
Av'ge miles op... 3-6
Gross earnings.. $60,746
Net
21,584
Interest paid....
8,660
it
.
:
1898.
135-47
Total (single)
was decided to spend $1,500,000 in improvements
and extensions. In 1898 the Fifth Street cable line was converted into a
trolley road, and many of the other cable lines are also being conIn March, 1899,
For years ending June 30
2-50
18-68
(trol'y)
(trol'y)
.
49
Miles. Date, interest. Chitstanding.
4''8
1892 6
Road—Operates about 4''8 miles
$100,000
75,000
M-N
of track in
Maturity.
Nov.
1,
1912
Kokomo.
Officers— President, Fremont Woodruff, Detroit; Vice-President,
Kokomo; Secretary and Treasurer, William P.
L. J. Klrkpati-ick,
Stevens, Detroit.— V. 68, p. 85, 130, 282.
electric light
company in 1899 acquired the Koyport & Matawan Street RR.
Motive power to be changed from horse to trolley. Extension of 12
This
an electric-lighting system to
supply the towns of Keyport, Matawan and South Amboy. Stock is
$50,000. Bonds, $50,000, 5 per cent, interest payable semi annually.
Mercantile Trust Co. of New York, trustee.
to 15 miles proposed
Is also Installing
Officers,— President, John Karr; Secretary and Treasurer, Frank
Bell, 120 Broadway, New York.
KINGSTON,
Population 1890 was 21,261, and
N. Y,
in 1880
was
18,344.
COLONIAL CITY TRACTION CO.-A trolley road
Organization— Organized Jan. 9, 1896, as successor to Colonial
City Electric Ry., sold in foreclo.sure Dec. 12, 1895. Estimated population in 1898, 25,900.
Date, interest. Chitstanding. Maturity.
Bonds—
Stock
&
.
$175,000
Stock
1896 .5g. M-N
100,000 May 1,1926
1st mortgage, gold
Ib96 5g. M-N
75,000 May 1,1946
2d M. incomes, gold
Manhattan Trust Co., N. Y., trustee of both mortgages.
Roa[>— Operates 4-58 miles of track laid with 80-lb. girder rails.
Earnings.- Foryear ending Dec. 31, 1898, gross, $24,740; deficit
from operation,.$9, .579; taxes, $1,050. Year ending June 30, 1897,
gross, $26,750 deficit from operations, $7,322 taxes, $581.
Officers— President, Charles M. Preston; Secretary, John E. Kraft;
.
Abraham Hasbrouck.-V.
59, p. 1058. 1064.
KINGSTON CITY RAILROAD-A trolley road.
Organization— Chartered June 5, 1879.
Date, interest,
Stock & Bonds—
Stock, $150,000, $100
1st M., $.500 each
Consols. $1.50,000, .$1,000
Not sub.to call here mat.
5
(
(hilstand'g.
$1,50,000
Last div'd, etc.
fee text.
June 12, 1909
15.000
7J-J
March 1, 1923
135,000
5 M-S
Trust
Co., N. Y.
Loan
Farmers'
&
Interest at
June 1, 1900
10,000
1890 5J-D
1879
1893
Debentures
On demand.
Bond and mortgage
6qnar.
6,000
Dividends In 1895-96, 6 p. c; in 1896-97, 6 p. c; In 1897-98, 6, p. c/n<ere«/— Interest, except on consols. Is paid In Rondout.
Road— Owns 36 miles of track in City of Klng.ston. Ralls 70 lb.
Earnings— -Ian, 1 to July 31, 7 months, gross, $37,015 In 1899,
against $38,63.5 in 1898.
N. H.
Population (township) 1890 was 6,143; in 1880 was
and in 1870 was 2.309.
3,790;
LACONIA STREET RAILWAYOrQanization— Successor to the Laconia & Lakeport
St. Ry.ln 1894.
Population in 1897 about 15,000. In August, 1898, a controlling interest had been purchased by Charles T. Foster and H. L. Pierce of
Leominister, [Mass., and George H. Cook of Athol, Mass., has since
been converted into an electric line.
Last Div.
Outstand'g.
Dividends.
Stock Etc.—
4%, '94-95
See text.
$100,000
Stock, $100,000 (par $50)
Bonds authorized, $91,000
Dividends— In 1893-94 paid 5. c; In 1894-95 paid 4 p. c.
Road— Owns 8 "a miles of track. In 1899 the road was extended to
Weirs, 4 miles, and the entire system equipped with electricity.
Earnings— For years ending June 30
1898.
1898.
1897.
1897.
$1,027
$9,124
$9,865 Int. and taxes... $990
Gross
sur.652
684
1,664 Bal. for year.... def 306
Net
15
Other Income
OFFICERS-Pres., H. L. Pierce; Treas., C. T. Foster; Seo.,E. Little.
I
|
I
|
;
;
Treasurer,
LACONIA,
LA CROSSE,
AA/'IS.
Population 1890 was 25,090; in 1880 was 14,505;
AND in 1870 WAS 7,785.
LACROSSE CITY RAILWAYORQANIZATION— Chartered Nov. 17, 1885. Franchise runs till 1938.
Stock & Bonds— Miles'. Date, interest. Outstand'g. Last dip., r>r.
»t|«^0<*200,000),par>
See below. .$200,000
10^ 1893
f.
p.
|
•'('^"-'^J
12.'">,000
Jim. l,19l'«
6k. J - J
gold, $1.000
Subject to call Jan. 1.1903.
\
Intercut at Northeni Trust Co., trustee, Chicago, 111.
Dividends— For 1892, 7 per cent; 1893, none; 1891, 7 per oont.
Road— Owns 10% miles In city of Lacrosse.
Officers— President, H. r:. Edwards; VIce-Presldeut, W. W. Carglll
Secretiiry, JI. K. West; Treasurer. G. H. Clark.
Ist mort.V$17.5,0()6i)
STREET RAILWAYS.
60
LAFAYETTE,
POPDUiTiON IN 1890 WAS 16,243
;
LEAVENWORTH ELECTRIC
IND.
in 1880
was
14,860.
LAFAYETTE STREET RY.-A trolley road.
Stock
&
Bonds—
Date.
Malurily.
Outstanding.
Interest.
$260,050
«8,000
Stock (coinmon), per $50
do preferred
let mort. ($1,000 each)..
^ j^^j Estate Trust Co., Philadelphia, trustee.
miles standard- gauge road.
Officers— Pres.,WarrenG. Griffith; Seo. andTreas., J.T. Henderson,
Owns 17^
Ist mort. for $300,000 \ I312
1924
1894 6g. A-O 250,000
gold, no option
c. (Int'st at Atlantic Trust Co., trustee, N. Y. City
Road, Etc.— Owns in fee 14J^ miles of troUey track, of which S^a
miles are in the city of Leavenworth, 3 miles to Fort I eavenworth and
2 miles to Soldiers' Home and 1 mile to Mt. Muncie Cemetery.
Earnings— For the
fiscal
years ending June 30:
1898
1897
in
1893 and secured control of the entire
Pa., was appointed receiver.— V. 63, p. 969, 1011.
closure Nov. 15, 1899.— V. 69, p. 385.
Given of Columbia,
To be sold at fore-
Reorganization Committee— Receiver William B. Given, Samuel E.
Shipley, President of the Provident Lite & Trust Co. of Philadelphia,
J. W. B. Bai sman, President of the Farmers' National Bank of Lancaster, and John D. Skiles, President of the Fulton National Bank,
also of Lancaster. New company, it is said, will be the Conastoga
Traction Company.— V. 67, p. 1203.
Certificates— Early in 1897 $30,600 receiver's certificates were isfurther issue
sued, and to August, 1898, $20,000 had been retired.
was proposed for extensions.- V. 66, p. 83; V. 67, p. 1208; V. tP,
A
p.
&
Bonds—
Date,
interest.
Stock for $10,000,000.. $100
Outstand'g.
LEBANON, PA.
Population in 1890 was 14,664; In 1880 was 8,778
AND IN 1870 WAS 6,727.
LEOMINSTER, MASS.
Population in 1895 was 9,211; in 1890 was 7,269;
IN 1880 WAS 5,772; and in 1870 was 3,894.
(?)
1893 5i«g.F-A
572,500 Aug. 1, 1923
1st M., $700,000, gold, $1,000^ Feb., 1896, coupon not paid when due.
C Trustee is the Lancaster Trust Co.
1,247,800
Jan., 1924
( 1894 5g. J-J
Consol. M. for $2,250,000 o.*^ Trustee, Provident Life & Tr. Co.,Phila.
C January, 1896, coupon last paid.
Otherfund.debt June30,'98
$190,200
235,470
do unfunded debt
Securities of tines controlled.
1890
A-O
160,000 Apr. 1, 1920
\ Trustee, Atlantic Trust Co., New York.
($100 and $500)
225,000 May 1, 1921
W.E.St. Ry.lstM., $225,000 J 1891 5 M-N
$100, $500 and $1,000 ..c* ( Trustee, Atlantic Trust Co., New York.
F-A
..
30
37,500 Aug.,'97, 15%
Lancaster & Columbia stock.
1893 5 A-O
225,000
1923
1st mortgage
Road— Operates 63 miles of track, including old Lancaster Traction, 29 miles; Lancaster City Street Ry., 18 miles; Lancaster &
Columbia, 8 miles Lancaster & Latitz, 10 miles. The Phila. Lancaster
& Harrisburg Ry. Co., with authorized capital of $6,000,000, was incorporated in July, 1895, to build to Philadelphia. Extension of 17
miles reported to be proposed in 1899.
Earnings— For year ending June 30, 1898, gross, $194,167; net, $64,714; taxes, $20,609 interest on bonds, $110,525; miscel., $6,297.
LancasterCityRR.,l8tM.g
c*
<
5g.
;
&
Philadelphia.
Maturity.
(
;
RY.-Statement for
LEBANON & ANNVILLE ST.Transportation,"
under
this"company appears under "United Power
$8,751,600
Receiver's certificates
BaL.surp.
$8,775
9,464
trolley road.
Stock. $150,000; outstanding, $20,000; par, $100. Bonds, $150,000,
6 per cent, gold, J&J, due Jan. 1, 1918, outstanding, $20,000. U. S.
Trust Co. of Kansas City, Trustee. Under construction from Lansing
to Fort Leavenworth, Kan., 10 miles, of which \^ miles completed in
Feb.,1899, and remainder to be completed in a few months. Kansas
City & Leavenworth has succeeded to control.
131,385.
Stock
$15,000
15,000
$23,775
24,464
To be a
PENNSYLVANIA TRACTION-A trolley road.
Organization— Chartered
$61,144
68,706
LEAVENWORTH & LANSING RAILW^AY
Population 1890 was 32,011; in 1880 was 25,769;
AND DI 1870 WAS 20.233.
Btreet railway system in Lancaster, Pa.
Receivership— On Nov. 30, 1896, William B.
(Gal. year)..
Interest.
Net.
Gross.
LANCASTER, PA.
RR.-A trolley road.
Organization— Chartered in 1894. Has a perpetual franchise.
Sold in June, 1899, to the Kansas City & Leavenworth.
Mites. Date, interest. Outstand'g. Maturitx/.
Stock & Bonds—
Stock $300.000, par $100
$250,000f.p
LEOMINSTER & CLINTON STREET RAIL-
"WAY—A trolley road.
Organization, Etc.— Built in 1896. Owns a park three miles from
Leominster. In 1896 Leominster was reported to have a population
of 10.000 and Clinton 12,000.
Maturity.
Date. Interest. Outstanding.
Bonds—
Stock
$150,000
Stock $150,000
Apr. 1, 1917
1897 5g. A-O
150,000
1st M., $150,000 ($1,000)
subject to call at 105, s. Interest at Amer. Loan <fe Trust Co., Boston.
Trustee.
c
f., gold
6 A-O
45,000
Apr. 1,1912
1897
15-vear coupon notes
31,327
Loans Oct. 1,1898
First mort. sinking fund $2,000 per annum, beginning Oct. 1, 1898.
Road— Owns 12-17 miles of track.
Earnings— i ear ending Sept. 30, 1898, gross, $43,626; net, $18,239;
In 1897, gross,
Interest, taxes, etc., $18,420; balance, deficit, $183.
$40,588; net, $18,493; interest and other charges, $18,912; balance,
deficit, $420.
Officers.— President, C. E. Barnes; Clerk, J. F. Butman.
&
.
I
BALANCE SHEET JUNE
Construc'n andequln. $10,762,100
Miscellaneous
8,974
Profit
and
231,996
loss
30, 1898.
Capital stock
Bills payable, etc
$11,' 03,070
Total
Officers— President,
J. J. Patter.son
Total
$11,003,070
Secretary, John S. Graybill,
;
Treasurer, H. Yeagley.
InDEX-V. 66, p. 83; V. 67, p. 1208; V. 69, p. 131.
in
in 1897 and purchased the Brunswick &
Ry., 313 miles; also purchased the Brunswick RR., andin
August, 1898, the Lewiston & Auburn RR., subject to $85,000 first
mortgage bonds; also has leased the Bath Street Ry., ^^ miles, for 999
years, from July 1, 1898, at 4 p. e. on $100,000 stock.
Extensions
were being pushed in 1899, entire system to embrace 6Q^ miles, con-
1890 was 13,102; in 1880 was 8,319;
in 1870 was 5.241.
LANSINO CITY ELECTRIC RY.-A trolley road.
Stock, ^100,000
let M., $100,000, gold.
Trustee
1896
5
g.
J&J.
$100,000
100,000
years.
Maturity.
necting Bath with Brunswick, Lewiston, Auburn, Turner, Sabattus, etc.
Date. Interest. Outstand'r/. Maturity.
Bonds—
Stock
&
Stock, .$500,0(0; par, $100
Istmort., $1,000,000, gold....
$500,000
1898 5g.M-S
700,000 Mar.,1918
Underlying securities —
Bath Street Ry—
Stk. au. $300,000, par SlOO
4 J-J $100,000
1st mort., $300,000, gold... 5 1893 5g. J-J
70.000 July 1 1913
$1,000
c* Subject to call after Julv 1,1898.
Lewiston & Auburn RR. 1 St M. 1891 5 J-D
85,000 June 1, 1911
Ofthe $1,000,000 new 5 per cent bonds of 1898 $155,000 are held
In trust to retire the underlying bonds, $70,000 to purchase Bath
Street Ry., $700,000 were delivered for corporate purposes, and the
remaining $75,000, upon certificate that the $700,000 have been faithfully used, may be issued for 75 per cent of cost of extension addition
or improvements approved by State Railroad Commissioners.
Road— Owns former Brunswick RR., 3^ miles, and former Lewiston
& Auburn RR., 14i« miles, and also operates under lease from J'lly 1,
1898, Bath Street Ry., 413 miles. Bath to Lewiston, 26 miles, and
Lewiston to Sabattus, 6 miles, operated from Sept., 1898. Projected.
Lewiston to Turner, 12 miles; total, 66^2 miles.
Officers— President, A, H. Shaw, Bath, Me.; Vice-Pres. and Gen.
Man., A. F. Gerald, Fairfield, Me.; Treas., I. C. Libby, WaterviUe, Me.
General Office, WaterviUe, Me.— V. 66, p. 1001 V. 67, p. 481, 634.
,
Jan.
i,
1945
Continental Trust Co., N. Y.
miles of track, 11 motor cars and 7 trailers.
Earnings.-Jan. l to June 30, 1897 (6 months), gross, $12,295; net,
$2,965.
is
Road— Owns 10
LANSING DEXTER & ANN
TRIC R Y —To be a trolley road.
LEWISTON BRUNSWICK & BATH ST. RY.
— A trolley road
Organization— Orgiinized
and
Organization- Franchise granted in 1889 and runs 30
Interest was in default, but subsequently paid.
Date, interest. Outstanding.
Stock & Bonds—
Population 1890 was 21,701; in 1880 was 19,083;
and in 1870 was 13,600.
Topsham
LANSING, MICH.
Population
LE^VISTON, ME.
$8,751,600
2,010,500
240,971
Funded debt
ARBOR ELEC-
.
Organization- Chartered in 1898. To extend through the places
named, about 60 miles, connecting with the Detroit Ypsilanti &
Ann Arbor RR., making a complete electric line frox Detroit to Lansing of over 80 miles. Expected to be completed in 1899. Stock,
$250,000. In Jan., 1899, it was understood that the Westinghouse
Co. had arranged to float bonds to be issued to the extent of $1,175;000. President, C. A. Mapes, Lansing, Michigan.
.
;
LEAVENWORTH, KAN.
LEXINGTON, KY.
Population 1890 was 19,768; in 1880 was 16,546;
and in 1870 was 17.873.
Population 1890 was 21,567; in 1880 was 16,656;
and en 1870 was 14.801.
CITY & LEAVENWORTH-Trolley.
KANSAS Leavenworth
Electric
and also the Leavenworth &
Lansing, and is rapidly pushing work on line between Kansas City
and Leavenworth. Stock authorized is $1,000,000.
Has acquired
the
LEXINGTON RAILWAY.-A trolley road.
Organization—This
is
Electric, the Passenger
tric
&
a consolidation Feb. 1, 1899, of the Belt Line
Belt Ry. (formerly leased), the Central Elec-
and the Hercules Ice Co.
STREET RAILWAYS.
In May, 1899, all the street railways of Lexington, tosetUer with ice
factory and electric light plant, were purchased by a syndicate represented by John L. Williams & Sons, of Richmond, and Middeudorf,
Oliver & Co., of Bdltimore.
Stock
&
Bonds— The new company
amended
filed
articles of incor-
poration in July, 1899, increasing the stock from $1,000,000 to
$1,500,000, and in August, 1899, made a mortgage to the Columbia
Trustee, as trustee for $1,500,000. The bonds of the Passenger*
Belt Ry. are shown In the follow ing
Maturity.
Miles. Date. Interest. Outstand'g.
$135,000 > Apr. 1, 1906
1891 6 g. A-O
^,«^+
<toAnnftn(13
i.t
1st mort., *200,000,>
^toApr.l,'15
($15,000 bonds due yearly.)
gold
50,000 Apr.1,1916
1391 6g.A-0
^13
250,000 Apr.1,1916
6 g. A-O
13
2dM.,$250,000,gold.
Interest on first mortgage is payable at office of the American Trust
& Savings Bank, the mortgage trustee, Chicago, 111.; on second mortgage at the Security Trust & Safety Vault Co., Lexington, Ky.
Road— Operated 13 miles of track on 11 miles of street.
Officers— President, E.Lancaster Williams; Vice-President. George
W. DamaU; Treasurer, R. P. Stoll.— V. 68, p. 380, 977, 1077; V. 69, p.
229, 283.
LIMA,
WAS
IN 1880
Owns a 4 12 mile road over private right of way between the
of Lima and Honeoye Falls. In Jan., 1899, A.M. Hall of Bufi'alo was appointed receiver and application made to borrow $12,500 to operate
the road, the machinery in power house being defective and operation
of road having been discontinued.
Stock, $125,000; par, $100; all issued. Bonds, $40,000 30-year
gold 58, dated Oct. 1, 1898 ($500 each); interest at Buffalo Loan Trust
& Safe Deposit Co., Buffalo, N. Y., trustee. In June, 1899, order
•was Issued restraining the further transfer of bonds. President,
Albert L. Williams, of Buffalo, N. Y.; Sec. and Treasurer, John C.
67, p. 901.
Population 1898 (loca
Organization— Incorporated Nov. 5, 1896. Capital stock is $200,000. Bonds, $180,000. Extensions and improvements have been
made and road is reported in first-class condition.
Road— Operates 11 miles of track. Extension of ^a mile proposed
in 1899.
Gross, $22,445; net, $7,671
Latest Earnings.- 6 mos. )1899
Gross, 1H,113, net, 5,805
Jan. 1 to June 30.
5 1898
Earnings—Year ending Oct. 31, 1898, gross, $41,4(57; net, $16,003;
in 1896-7, gross, $35,523; net, $12,911. President, E. W. Moore; VicePresident, Edwin Stone; Secretary, Treasurer and General Manager,
Charles Currie, Lima, Ohio.— V. 62, p. 502.
LINCOLN, NEB.
in 1880 w.*.s 13.003.
trolley road.
Organization— Successor in January, 1898, to Lincoln Street Ry..
foreclosed Dec. 17, 1897, and reorganized per plan in V. 65, p. 277.
Maturity.
Stock & Bonds— Miles. Date. Interest. Outstand'g.
Com. stock, par $100
$65,000
F>p. c.
Preferred cumulative
700,000
istmort. gold, $1,000;) ....1897
1919
100,000
5p.c.
Trustee, N. Y. Security & Trust Co.
$100,000 auth
5
For year 1898, gross, $113,305. In 1897, gross $95,901; net, $6,566.
Road— Owns about 40 miles of track. In Oct., 1898, an extension to
Havelock, 2^ miles, was completed.
Officers— fJan 1899) President, M. L. Scudder Vice-President,
Wm. Belcher; Secretary and Treasurer, F. H. Carter.-V. 66, p. 82,
134, 336
,
:
;
LITTLE ROCK, ARK.
Population 1890 was 25.874;
in 1880
was
13.138.
LITTLE ROCK TRACTION & ELECTRICORQANIZATION— Incorporated 1895; controlsallstreetrailflraysincity.
Date, interest. Outstand'g.
Maluriiy.
Stock & Bonds—
$500,000
Stock, .$500,000: ])ar $100
400.000 June 1, 1915
Ist mort.bonds,$450.000,g. 5 1895 6 g. J-D
(see text), $1,000 each. c' < Interest at St. Loui.s Trust Co., trustee.
:}00.000 June 1, 1915
2d M. $300,000, g.($l,000) 5 1895 6 g. J-D
red. after 5 years at 104 ( Old Colony Trust, Boston, trustee.
Firsts, No8. 1 to 300, redeemable after 10 years from their date at
par, but redeemable before 10 years at 102; balance are 20-year
atraight. RoaD— Operates 20 miles of track.
Officers— President, A. N. Johnson; Secretary, G. B. Rose; Treasorer, Charles F. Penzel, all of Little Rock, Ark. InDEX -V. 60, p. 1009.
,
LOCK HAVEN,
Population 1890 was 7,358;
in
miles track.
to June 30, 1898. gross, $9,918
In 18j6-97, gross, $17,288; net, $2,693.— V. 65, p. 685.
Earnings—Sept. 29, 1897
LONG BRANCH,
Population 1890 was 7,231
;
N.
in 1880
J.
was
ATLANTIC COAST ELECTRIC
net, $133.
;
3,833.
RR.-TroUey.
Organization— Incorporated in May, 1895. Leases the Seashore
Electric Railway of Asbury Park for 50 years at $10,000 per year and
owns $150,000 of the $200,000 total capital stock of latter company
(making net rental $2,500) and owns all of the stock of the West End
& Long Branch RR. and of the Asbury Park & Sea Girt RR. Also owns
Stock & Bonds—
Date.
interest.
Outstand'g.
Maturity.
$1,500,000
1895 5 g. M-N *1,000.000
May 1, 1945
000
S Int. at Knickerbocker Tr. Co., N. Y.. trustee.
460.000
1946
1896
5 J^
5
o.^^ r„«,.f
<E=;f>rtftnn
mori., !t.ouo,uuu..
lien,
^ interest at Knickerbocker Trust, N. Y.
Stock, $1,500,000 ($100)
1st mort., gold, $1,000,- )
^^^^
coast Elec. Light 1st M.
^^^l^ ^, stft'e'St Co"','^Nf y!
\
"
Other debts (Dec. 31, 1898), $205.98.-).
*.Bond»-Of the $1,000,000 firsts $200,000 are reserved to retire a
like amount of Seashore By. (of Asbury Park) 6s, subject to call in 1897.
Road— Belt Line in Asbury Park and extenls from Asbury Park
through Long Branch to Pleasure Bay, 24 miles. In June, 1898, leased
and began operating its cars over the Asbury Park <fe Sea Girt trtcks to
Belmar, 212 miles; total 261^ miles.— V. 66, p. 616. Connects at Long
Branch with Iron Steamboat Co. for New York.
Atl.
•'
Railroad
Lighting
Pleasure
Sept.
Gross.
30.— 1898.
Bay
Total
Net.
1897
1898.
$167,784
54,912
53,800
$137,279
50,801
$98,643
26,483
$276,496
$188,080
494
All charges
-estimate), 25,000.
LINCOLN TR ACTION-A
Road— Six
Earnings—Year end'g
POPCLATION 1890 WAS 15,981; IN 1880 was 7,567;
AND IN 1870 WAS 4,500.
Population 1890 was 55,154; and
$300,000
1895
150,000 Apr. 1, 1920
6 A-O
^Trustee, West End Tr. & Safe Dep. Co., Phila
June 30, 1893, accounts payable were $27,679.
•-
^
,-
LIMA, OHIO.
LIMA RAILM^'AY-A troUey road.
&
Stock $300,000
«1=10000
1st m.,
M !t.i&o,uuo
i8t
Ocean Beach, Como and Spring Lake.
1,878.
road.
LIMA-HONEOYE LIGHT & RR.-A trolleyvillages
Conway.— V.
receiver was authorized to issue $3,500 certificates to build a short
extension.
Miles. Date, interest. Outstand'g.
Maturity.
Bonds—
Stock
entire stock of the Atlantic Coast Electric Light Co., which supplies
the electric lights of Asbury Park, Darlington, Allenhurst, Belmar,
N. Y.
POPULATION 1890 WA.s 1,003;
ftl
PA.
1880 was 5.845.
road.
LOCK HAVEN TRACTION-A trolley
March.
1895, and
Organization—This company was organized in
leased for 999 years the Lock Haven Electric Ry. Receivership— \a
September, 1997, William B. Given wa.s appointed receiver In the
foreclosure suit under first mortgage.— V. 65, p. 685. In Oct., 1899,
$125,620
110,878
Surplus for year
$14,742
Officers- President, G. B. M. Harvey Treasurer, A. C. Twining,
32 Nassau St ,N.Y. City; Superintendent, 8. P. Hazelrigg.-V. 65,p.867.
;
ATLANTIC HIGHLANDS RED BANK &
road.
LONG BRANCH ELECTRIC RY.-A
trolley
Receiver— James E. Degnan is receiver.-V. 66, p 1043.
Date.
Interest. Outstand'g. Maturity.
Stock & Bonds—
$45,750 pd. in
398,000 July 1,1945
^ j^ ^^ Hamilton Trust Co., Bklyn, trustee.
Reorganization Committee— a committee, of which Silas B.
Dutcher is Chairman, will submit a plan and effect a reorganization.
Depositary, Continental Trust Co. of New York.- V. 67, p. 1054.
Road— Red Bank to Long Branch, 6^2 miles, and 2d track, 2^2 miles;
in Long Branch, 3 miles; in Red Bank, l^s miles; total owned, 13Ja
miles; trackage between Red Bank and Belford (N. J. S. RR.), 5
mUes; total operated, IS^a miles.
Stock r4 14,900 ($100)
istiujrt
$500 000 g
s
St
jrt., !t.ouu,uoo,
1
0^^895
c
m
5 g. J-J
LONG ISLAND
CITY, N. Y.
Population 1890 was 30,506; in 1880 was 17,129;
AND IN 1870 was 3.867.
FLUSHING & SOUTH SHORE
RR.-TobetroUey
1898 to construct a standard gauge
road from Flushing to a point on the Long Island RR. between Fenhurst and Woodsburgh, Queens County, 15 mUes. Stock, $150,000.
Long Island RR. Co. is understood to be interested.
Organization— Incorporated
NEW YORK
&
in
NORTH SHORE
RY.-
new
track projected on jo miles
of road. Stock, $1,000,000. A mortgage covering the new construction
has been made to the New York Security <fc Trust Co., as Trustee, due
Dec. 1, 1927, to secure $1,500,000 30-year gold bonds ($1,000 each), of
which $100,000 had been Issued in Nov. Ib98. V. 67, p. 29. In August, 1899. took a lease of the Whitestoiie & Collegj Point. Maybe
merged later in the N. Y. & Queens Co.— V. 64, p. 567; V. 69, p. 386.
In July, 1899, there were reports that the Lou.^ Island Electric, the
projected Cross Country, the New York & Queens County and the
New York & North Shore wore all to bo brought under one manage-
ORQANization— In 1898, 60 miles
of
m(;nt.
NEW YORK
&
QUEENS COUNTY
RY--
ORQANIZATION— Incorporated June 26, 1896. A consolidation of the
Long Island City street roads, Including Stoiu way Ry., etc.— V. 63, p. 229.
The Electric Illuminating & Power Company, said to supply practically all the electric lights used in Long Island City, was formerly
owned and operated, but in July, 1899, control was transferred to the
Electric Co. of America. The earnings are kept separate from the
street railway. To June 30, 1897, theN. Y. & Q. C. RR. Co. had Invested $565,000 In the El. III. & Power Co., this amount being included in
the $1,078,750 o( loans and bills payable then outstanding.
—
:
STREET RAILWAYS.
52
Stock
&
Bonds—
Date,
1895
1894
SteinwayRy. l8tM.,goldJ 1892
5
M
5
c* >Int. at
$1,000
I
"Synd'teloan"Dec.31,'98
1925
Deo., 1924
July 1,1922
6g. J - J
State Trust Co., trustee, N.Y. City.
N.Y.& Queens Co. l8tM.,> 1896
gold, S1,000 each
$2,000,000
50,000
150,000
1,500,000
J&D
J&D
Maturity.
Outstand'g.
interest.
Stock, $2,500,000 ($100)
Flu8h. & Coll. Pt. 1st M...
Newtown Ry. 1st
Interest
2,000,000
5g. A-0
in default
1946
is
1,120,000
3
....
31, 1898, tbe syndicate loan was $1,120,000; "loans
and bills payable" (alditloual), $169,571.
Mortgage of 1896 is foi $4,200,000, of which $500,000 for equipment
and extensions and $1,700,000 for underlying bonds.— V. 63, p. 229.
Road—The sj stem includes about 65 miles of trolley track, Includ-
On December
ing main line, 3458 miles
second track, 26i8
;
Latest EARNINQS.-6mo3. ending Deo.
sidings, 4^4.
100,296
14,312
225,146
95,116
14.544
.897'.
225,275
Report for 1897-98 in V. 67, p. 735, showing
1898
Olh.inc.
Net.
Oross.
etc.
Bal.,
def.
130,006
126.931
15,398
j7,269
Int., taxes,
Olh.inc.
Net.
Oross.
6 months.
;
31:
Int.
LOS ANGELES TRACTION-A trolley road.
Organization, Etc.— Chartered in 1895, franchise runs until 1944.
Capital stock is $250,000. First mortgage secures $250,000 gold bonds,^
$1,000 each, dated 1895, due May, 1915; interest 6 p. c, M. & N., payable at Chase National Bank, New York; Union Trust Co. of St. Louis,
mortgage trustee.
Road— In February,
<£
taxes.
Beetem, of New York; E. J. Mathews, of Philadelphia, and C. D.
Simpson, of Soranton, Pa.-V. 67, p. 29, 735, 737; V. 68, p. 130; V. 69,
R.
1899, 26 miles of track laid with 60-lb. rail
and
operated.
Earnings- For year 1897 gross earnings were $81,752. From Jan.
1 to
Bal., stir
$254,844 df.$68,365
$28,808
$157,672
...$408,949
1897-8
25,649
215,947
69,543
172,051
404,458
1896-7!
St., Phila
Chestnut
421
H.
Shelmerdiue,
President.
W.
Directors—
delphia; Secretary and Treasurer, I. M. Tritt, 29 Broadway, New
York; R. T. McCabe, W. K. Mathews, £. L. Bushe, Benjamin Orne, J.
Dec.
1,
1898, gross, $99,640.
Latest EARNiNQS-6mos., 51899
Jan. 1 to June 30.
189:i
Gross, $77,008; net, $15,398
Gross, 48,477; net, 14,093
PASADENA & MOUNT LOWE RAILWAY.
—A combination cable
road.
Pasadena.
and
electric railway
known
as the
Mount Lowe
Prof. T. 8. C. Lowe. Located on the mountains above
Is successor to the Pasadena & Mount Wilson, sold at
Built
by
foreclosure for $190,000 in Marcb, 1899.
Operates 7 miles from
Altadena to Mt. Lowe Spiings. Valentine Peyton of Danville, lU.y
principal owner and President— V. 68. p. 673.
p. 130.
LORAIN,
Road— Owns two lines of trolley road from Los Angeles to Santa
Monica, the entire local system of Santa Monica, with branch lines toHollywood, Laurel canyon, Santa Monica canyon. Soldiers' Home and
Elysian Park, constituting about 7 1 miles of railway, of which 54 miles,
electric, 10 miles steam and 7 mUes horse railway.
Officers -President and Manager, E. P. Clark; Vice-President, J»
Ross Clark; Sec, A. I. Smith; Treas., M. E. Hammond.—V. 66, p. 1140.
O.
Population 1890 was 4,863 in 1880 was
(In 1895 estimated at 10,480.)
;
SAN GABRIEL VALLEY TRACTION CO.-
1,595.
LORAIN & CLEVELAND RR.—See Cleveland.
trolley road.
LORAIN STREETDate.RAILWAY-A
Outstand'g. Maturity.
Interest.
'^tock & Bonds— '^ff$200,000
$100
Stock $200,000....
1894
6 J-J
200,000 Jan. 1, 1915
1st M., $200,000... 1,000
Interest at Guardian Trust Co., Cleveland, the mortgage trustee.
Road— Owns road 10-11 miles in length, extending through the city
of Lorain to Elyria; total track, 10'66 miles. Of the track 7-8 miles is
on private right of way (land owned in fee simple); rails, 70- lb. T.
Earnings- For year ending Dee. 31, 1898, gross. .$64,476; net,
$33,601. In 1897, gross, $48,635; net, $21,962.
Officers— Pre8.,F. M. Haines.
To be a
trolley road.
Organization— Incorp. March lO, '93. Road projected from Los Angeles to Pasadena, with branches to Alhamhra, Sierra Madre, Monrovia and Duarte, In all 22 miles. In June, 1898, franchises had been
obtained from Los Angeles to South Pasadena and applications were
pending for franchises from South Pasadena to and through Pasadena.
Stock authorized, $1,000,000; issued. March 10, 1898. $22,000; no
bonds. Directors— President. Walter S. Maxwell
Sec. and Treas'r,
S. P. Anderson; Jas. S. Graham, Bradner W. Lee and Albert Hadley.
;
TEMPLE STREET CABLE
RY.-A steam road.
4% miles of track.
Rails 38-lb. girder. Stock, $400,000; IstM. gold 68. dated 1895. $100.000 interest In default. Rtceiver, E. T. Wright; Pres.. E. E. Lefebvre.
Oct. 31, 1885. Operates
Organization— Chartered
;
LOS ANGELES CAL.
Population 1890 was 50,395; in 1880 was 11,183;
AND in 1870 WAS 5.728.
LOUISVILLE, KY.
LOS ANOELES RAIL"WAY-
Population 1890 was 161,129; in 1880 was 123,758;
IN 1870 WAS 100.753 and in 1899. estimated. 235.000.
;
ORCJANIZATION- Successor by consolidation Sept. 29, 189a, of Los
Angeles Ry. and Main St. <& Agricultural Park RR. and by purchase of
the Mateo St. RR. and San Pedro St. RR. V. 68. p. 85. Population in
1897 estimated at 1 15,000.
In 1S99 acquired control of the Los Angeles & Pasadena Electric
Railway, receiving the stock of the road in consideration of the guaranty of the bonds.
Stock
&
Date, interest. Outstand'g.
Bonds—
Stock, $5,000,000 (par, $100)
Maturity.
$5,000,000
3,997,000 Oct. 1. 1938
(
Int'
st
at
c*
Co's
Office,
San Francisco, Cal.
$1 ,000 each
The Trustee of the new mortgage of 1893 is the Union Trust Co.
On 30 days' notice interest may be made
of San Francisco, Cal.
payable at the National City Bank, New York.
Earnings—Year 1898, gross, $756,2(8; net, $266,613. Year 1897,
gross, $681,325; net, $227,696 charges, $41,704; balance, surplus,
$185,992. Year 1896, gross. $693,480.
Road— About 90 miles of road.
Officers— President, H. E. Huntington; Vice-President, Ch. de
Guigne; Treasurer, I. W. Hellman; Secretary. J. T. Burke.Wells, Fargo
New mort, $5,000,000
gold
<
1898 5g.
A-O
;
& Co.
Building, San Francisco.
InDEX-V. 67, p. 634, 789. V. 68, p. 85.
;
LOS ANGELES & PASADENA ELECTRIC RY.—
Organization— Road extends Los Angeles to Pasadena and Pasadena to Altadena, embracing all local lines in Pasadena. All the
stock is owned by the Los Angeles Ry., which has guaranteed the
bonds below.
Stock
&
Com. utock
BQNDS—
'
($100
^
sh.).
^
Date,
interest.
Outstand'g.
Maturity.
688,400
$1,000,000
J. & J.
750,000 Jan. 1 1928
11. Tr. & Sav. Bk., Chic, trus ee.
000, $1,000,0
^ or Chase Nat. Bk.,N. Y.
Sink. fd. of $10,500 per year begins Dec. 1, 1908. and bonds may be
called at 105 any coupon day after Jan. 1,1908. Guaranty of Los
Angeles Railway endorsed on bonds.
Road -Owns 3580 miles of track, of which 33'46 are operated by
electricity and 2-34 by horses.— V. 68, p. 85.
'
'
,
LOS ANGELES PACIFIC
RR.-An electric, steam
and horse road.
Organization— Formed in 1898 by consolidation of Pasadena &
Pacific RH. companies of Arizona and California, the Los Angeles
Pacific Ry. of Arizona and California, etc.
interest. Onistann'g. Maturity.
Date,
Stock & Bonds—
$1,000,000
Stock, $1,000,000; par. $100
5
1«98
({)
1928
New mortgage
Bonds Of the new bondsor 1893, $750,000 to be used to retire Pasa
dena & Pacific Ry bond's, dollar for dollar; remainder for impiovemente, extLusious and new quipment.
(
LOUISVILLE R AIL WAY-TroUey road.
Organization— Incorporated Jan. 22. 1867. A Kentucky company
owning aU the street railways in the city of Louisville and its suburbs.
The real estate is valued at$700,000. In Oct.. 1898. additions to power
plant, reported to cost $80,000, were completed; total cost, $200,000.
Stock
&
Bonds.—
Com. stock ($100
Date.
interest.
A.-O.
21^
sh.)
A.-O.
c cum
5
6 g. J. - J.
Loulsv. City Ry. M... s 1884
do
do M., gold I Trustee, Louisville
M.-N.
6
Central Pass. Ry.M... 1882
^-^^
Central rass.
Pass Ky.
Rv m. \'^^^^
^.entrai
^ interest payable at
Pref. stock 5 p.
M
Outstand'g Lastdiv.,<ec.
$3,500,000 Apr.1,'98 114%
2,500,000 Ad1.1,'99212%
609,000 July 1, 190^
Trust CO., Louisville, Ky.
108,000 Nov. 1, 1902
292,000 Nov. 1,1908
First Nat. Bank, Louisville.
4,992,000 July 1,1930
5g.J.-J.
^e'^7d^^$6^000 00ohs9<^
c* S Interest payable by Seligman
.
fllsted N* Y
)
.
& Co.. N.
Y.
Stock. -In June, 1897. $500,000 of common (leaving $3,500,000) was
converted Into preferred, making $2,500,000 preferred, on payment of
$50 per share to be used for improvements.
Dividends— On preferred 5 p. c per annum. On common—In 1896,
212 p. c; in 1897, 2^ p. c;
1898, Apr., II4 p. c; the Oct., 1898, and
April, 1899, dividends were passed, owing to tax suit.— V. 67, p. 690.
ROAD^Owns 145 miles of track on 83 miles of street, of which (May,
1899), 135 electric and 10 animal power. The last mule line in the
city was changed to trolley early in 1898, most of the work of conversion having been paid for out of earnings.
Annual Report— Fiscal years ending Dec. 31. Annual meeting
Feb. 19. Report for 1898 was given in V. 68. p. 376.
m
Tear.
1898.
Tear.
1898.
1897.
1897.
Grossearn.. $1,297,394 $1,238,041 Taxes
$119,406 $81,69*
Not
578,821
607,115 Dividends
14^,875 203,125
Interest pd.
310,140
2,400
11,930
310,361 Bal., surplus..
Officers— President, T. J. Minary; Secretary and Treasurer, Sam'l
G. Boyle.— V. 64, p. 466. 1181. 1125; V. 66, p. 519,857; V. 67, p.
I
|
I
|
690; V. 68, p. 376.
LYNCHBURG, VA.
Population 1890 avas 19,709 in 1880 was 15,959
AND IN 1870 WAS 6,825.
;
LYNCHBURG ELECTRIC
RY. & LIGHT-
Organization- Successor in Aug., 1898, to Lynchburg Elec Co.,
sold under foreclosure on Feb. 2", 1898. The company petitioned for
an extension of its charter 30 years from Jan. 19. V. 67, p. 274. In
Oct., 1898, new franchises were granted. Stock authorized $250,000
Bonds, $158,000 1st mortgage 68, gold, dated 189S, due
all issued.
1941. State Trufft Co., Trustee.
Road— Said to operate 513 miles of track on 2''8 mile? of street.
Officers— President, R. A. C. Smith, 100 Broadway, New York D.
D. MiiUory, 100 Broadway, New York.— V. 67, p. 2 74.
STREET EAILWAYS.
LYNCHBURG
Stock and Bonds—
RIVERMONT STREET
&
RAIL\VAY.
Date.
ifiles.
Outstand'g.
Interest.
Maturity.
Abt.$75,000
5g.J-D
$100,000 June 30,'28
1898
^*/«=S00'afd*«l°006/a°c\f;t-^
($500 anrt $1,000 each) ^jjj^gj.gg^^^jja,t. Ex. Bank, Lynchburg. Va.
Mortgages cover tlie combined railway and electric light plant.
Road— Operates 5^2 miles of track on 2 miles of streets. In March.
1899, was building an extension of 1^2 miles.
Officers President, H. P. Woodson; Secretary and Treasurer. J.
Stock
T.
Bowman.
MACON, GA.
Population 1890
AND
\v.\s
22,746; in 1880
was
12,749;
Outstand'g,
$50(',000
Jnterest.
-?-*«'<"
Stock, $500,000
1st
mortgage
1895
RR.Maturity.
feee text.
See text.
Mar.1,1929
^?*i^onoAn?i?w,',b?n;^1899 5g.,M.-S.
°'* Colony Trust Co., Boston, Trustee.
call aft Mar 1 1904 c" I
Bonds— Of the refunding 5s, $345,000 were reserved to retire an
equal amount of Ists of 1895, and the remaining $5,000 were to be
Issued as soon as all the Ists had been thus exchanged.
Road— In 1898 was operating 25 '^ miles of trolley track laid with
from 30
lb.
T
to 48-lb.
rails.
Earnings— For year ending Dee.
31, 1898, gross, $78,764; net, $28,076; interest and taxes, $24,723; balance, turplus for year, $3,353.
President, S. R.Anthony; Secretary, D. K. Suow; Treasurer, W. A.
Tucker. Office, 53 State St., Boston, Mass.— V. 68, p. 872.
MADISON,
Population
IN 1880
in isge
WAS
was
Bonds—
MANISTEE FILER CITY & EAST LAKE
RAILWAY-A trolley road.
)
&
was estimated
Bonds—
Date,
at over 16,000.
interest. Outstand'g.
Maturity.
Stock
$150,000
li<98 6 g. J-J
150,000
Ist mortgage,$200,000,g.c* )
JanViri918
($500 each) red. after > Int. at Metropolitan Trust, New York,
Trustee.
1903 at 105
>
Bonds—Mortgage provides that $4,000 must be drawn by lot at
105 yearly Jan. 1, 1904, and after, but all firsts are subject to call at
105 on and after 1903. Bonds oflfered for sale in February, 1893.
Road— Feb. 1899, operated 11 miles of track; 22 cai-s; brick boiler
house two large engines and generators iron car house. Rails, 45 lb.
T. The line extends from Manistee to Filer City, East Lake and
Stronach, Oak Hill and Parkdale. In 1899 3 miles of track were to be
built; also 1 condensing engine, 8 more cars and 1 M. P. 300 generator. A park on shore of Lake Michigan was also being built.
Earnings— For year ending Dec. 31, 1898, gross, $38,635; net,
$16,893. In 1897, gross, $36,159 net, $15,250.
Officers— President, Treasurer and Purchasing Agent, G. A. Hart;
^Tice-President, R. R. Blacker; Secretary, George W. Swigart.
;
;
;
MANSFIELD, OHIO.
Population 1890 was 13,473 in 1880 was 9,859
AND IN 1870 was 8,029.
;
CITIZENS' ELECTRIC
CO.— A trolley road.
LIGHT
RY.
PCWER
&
Organization— Charter renewed in 1898 for 25 years. Successor to
the Mansfield Electric Street Ry. Owns also an incandescent light
plant with about 7,000 lights.
Date.
interest. Outstand'g. Maturity.
Stock
Bonds—
Stock, $400,000
$125,000
let mort., $125,000 ($100 < 1891
6 A-O
125,000 Apr., 19H
and $500)
Mnt. at office. Rush Taggart, N. Y., Tr.
In April, 1898, stock was increased from $125,000 to $400,000.
Road Owns 9 miles of track. Extension proposed to Shelby, 3 miles.
President, S. N. Ford; Secretary, Reid Carpenter.
&
was 13,429;
was 9,176.
Date,
Outstanding.
interest.
Maturity
$75,000
1898 5 g F-A
140,000 Feb. 15, 1918
Int. at Savings & Trust Co., Cleveland, Ohio.
c.*5
$500
Road— Owns 8*2 miles of standard gauge track, of which 6^4 miles m
City limits and 2^4 extend to Elmside, Schuetzen Park and Cemetery.
Officers.— President, F. W. Oakley, Madison; H. R. Newcomb, Sec
Stock, $75,000
Ist M. $150,000 gold
Balance.
18,884; in 1890
10,324; and in 1870
Miles.
Dividends.
—
^^^IS.
Organization— A reorganization in Feb., 1898, of the Madison City
Railway foreclosed in December, 1897
&
taxes.
;
MARION,
MADISON ELECTRIC RAIL^WAY-AtroUeyroad.
Stock
<£
MANISTEE, MICH.
LIGHT & RAILWAY.MACON ELECTRIC
Name
Macon & Indian Spring
originally
ElecOrQanization, Etc.—
tric St. iiy., changed in 1898. Owns 7 miles of track, 10 motor cars and
6 trail cars. Capital stock authorized, $100,000; issued, $60,000. Bonds
for $100,000 have been authorized. In May, 1898, purchased at fore
closure sale for $40,000 electric-light plant of Macon Gas Light &
Water Co., and in Nov., 1898, was constructing new power house;
also increasing power plant to 1,000 horse-power and intended to add
other machinery. Owns 3,600 light alternator. V. 66, p. 1089. President, Gen. Manager and Purchasing Agent, T. J. Carling.
int.
Population 1894 was 13,419 in 1890 was 12,812
AND IN 1880 WAS 6,930.
In 1899 the population
MACON CONSOLIDATED STREET
Stock and Bonds—
Xet
Iross.
1897-98... $158,885
$19,499 $16,568
$6,000
.$3,069
1896-97... 145,*r36
26,526
14,752
(9%) 11,417
sur. 359
1895-96... 139,266
57,331
14,968
(10%)3,958 8ur.$38,405
Officers— President, William A. Tucker; Treasurer, P. L. Saltonstall.
-V. 60, p. 259; V. 66, p. 900; V. 68, p. 773; V. 69, p. 229.
Stock
1870 WAS 10,810.
IN
Earnings—
53
MARION
under Anderson, Ind.
of Indiana
8i2
retary and Treasurer, Cleveland, O.
MAHANOY
IND.
Population 1890 was 8,769 in 1880 was 3,182;
AND in 1870 WAS 1,658.
CITY RAILAA/'AY-See Union Traction Co.
•
MARION, OHIO.
Population 1890 was 8,327; in 1880 was 3,899
AND IN 1870 was 2.531.
MARION STREET RAIL^VAY-
Orqanization, Etc.—stock, $100,000. Operates 4 miles of track.
Officers— President and Treasurer, E. Durfee.
CITY, PA.
Population 1890 was 11.286; in 1880 was 7,181;
and in 1870 was 5.533.
LAKESIDE RAILWAY-A trolley road.
Organization-Chartered January, 1893. Charter
perpetual.
Default.— la Nov., 189", proposition for reducing rate of interest on
bonds to 4 per cent had been accepted by nearly all the bondholders.
Date,
interest.
Outstanding.
Maturity.
Bonds—
Stock
Stock (par $50)
$250,000
6g.M-N
200,000
Nov. 1,1923
Ist M., $2.50,000, gold J 1893
$100, $500, $1,000.... ( In default since May, 1898. Equitable Trust
Co., Philadelphia, trustee.
Road Has completed and in operation 5*2 miles of road, connecting
Mahanoy City with Shenandoah. Projected to extend to Delano and
Lakeside or East Mahanoy Junction.
Earnings- Gross receipts about $27,000 annually.
Dallas Sanders, President. Drexel Building, Philadelphia. V. 66, p.
760; V. 67, p. 371.
is
&
—
MARLBOROUGH
MASS.
Population in 1895 was 14,977; in 1890 was 13,805:
IN 1880 WAS 10,127; in 1870 was 8.474.
RY.-Trolley.
Organization-Incorporated March 27, 1888. The Framingham
MARLBOROUGH STREET
Southboro & Marlboro Ry., 6 miles, completed in August, 1898, is
operated by the Marlboro Street Ry.
Date.
Interest. Outstand'g.
Maturity.
S"roCK & Bonds—
Stock $80,000 (par$100)
See text
$80,000
4»!oinl895-6
Ist mortgage sink. fund.. ( 1894
80,000
July 2, 1914
6 J -J
Sub.tocallatparafterSys.
Current
l
Interest at Intern'l Trust, trustee, Boston.
$46,342.
liabilities Sept. 30, 1898,
Dividend— In 1894-95, 2 p. c;
in 1895-96,
4 p. c; in 1896-7 and 1397-8,
none.
Road— Operates 7*37 miles of main track and -57
Earnings—
1897-8.
1896-7.
mile of sidings, etc.
1897-8.
I
1896-7.
Gross earnings.. $39,878 $34,766 Dividends
None.
None.
5,976
8,431 Bal. for year, sur. .$2,166 $1,387
Int' St, taxes, etc.
8.142
7.044 Tot. sur. Sep. 30
4,422
Officers— (January, 1899,) President, S. Reed Anthony; Treasurer,
Philip L.Saltonstali, 53 State Street, Boston; Superintendent and Purchasing Agent, H. E. Bradford: Clerk of Corporation, Fred. L. Claflin
|
Net
I
|
MANCHESTER,
N. H.
Population 1890 was 44,126; in 1880 was 32.630;
AND IN 1870 WAS 23,536.
MANCHESTER STREET
,
for five.-V. 69, p, 22('.
Date. Interest. Outstand'g. Last div'nd.
Stock—
Text.
1896-7,9%
$150,000
8tock,$2.50,000(liai$100)
260,000 Jan. 1, 1915
895 5g.J-J
l8tM. bonds, g., $2.50,000
red. after Jan. I, 1905.. \ Interest at Bo.><ton, Ma.ss.
Road— In Jan. 1899, owned 20ia miles track, standard, of which
Kails 70 and 90 lb. T4ifl miles second track and 1 mile sidings, etc.
Dividends— In 1894-5, $2,500; In 189.5-6, $3,958; in 1896-7, $11,417;
In July, 1897, .$6,000.
W
MARSHALLTOWN,
RY. -A trolley road.
Organization- Incorporated July 20, 1876, under perpetual charter.
Controls all street roads in Manchester and West Manchester.
Control is held by the New England Electric Power Co., which in
Augu.st, 1899, was arranging to acquire the Manchester Electric Co^
(from which the railway rerives its supply of powcrj by an exchange
of Power Co. stock for that of the Electric Co on the baslsof six shares
Population 1890 was 8,914;
AND IN 1870 was
in 1880
3,218.
lA.
was
6,240;
MARSHALLTOWN LIGHT POWER
1917. Runs
& RY.
Organization- Exclusive
rights till
electiical lighting
and gas plant and electric railway.
interest. 0<iistand'g.
Maturity.
Dute.
Stock
Bonds—
Stock (.'j!.)00,000) ($100)
$250,000f.p
Ist mortgaKC ($150,000) ) 1893
July 1, 1913
6g. J-J
125.000
go d ($1,000)
c' 5 Int. at III. Tr. &Sav.Bk., Chicago, trustee.
1896-7. 1895-6.
189(i-7. 1895-6.
Earnings—
Fruin pus.sfuger8.$12,507 $12,873 Net (over taxes).. $17,167 $16,562
7,500
Othersourccs
7,500
27,752 26,760 Interest
&
l
|
Total gross
$9,667 $9,052
$40,259 $30,633 Bal., surplus
ROAC— Trolley track, 3^ m. President, C. I). Jones; Secretary, fi.
B. Ilovey; Treasurer, M. W. Ilovey.
I
:
STREET RAILWAYS.
54
MASON
IOWA.
CITY,
Population 1890 was
4.007; in 1880
was
Stock
Common
E>ref.,
2,510.
LAKE TRACTION
MASON CITY & CLEAR road.
Operated since July
CO— Organization,wayEtc.33-a wide from
Clear Lake,
Mason City
to
feet
Owiis ripbt of
Length of line within and between two citie.s, 17-6 miles,
Stock, $200,000. Bonds, $100,000 1st gold 68, J.-J. 15, interest at
Illinois Trust & Savinsrs Bank, Chicago, Trustee. Sinking fund retires
$3,000 yearly at 103, beginning Jan. 15, 1905. Handles all freight
coming over Iowa Central By. between Mason City & Clear Lake,
revenue therefrom in 1897-8 being nearly $10,000. Year ending June
30, 189S, gross, $49,802; net. after paying bond interest, $29,945.
9 miles.
Population 1890 was 04,495; in 1880 was 33,592;
AND IN 1870 was 40,226.
Jlf^i'es.
Date,
Maturity.
$500,000
995,000 Jan. 1, 1916
1887 6 g. J-J
($1,000), goUl..c*5Int. atU. S. Nat. Bk. of N.Y. and Memphis, Tenn.
In Feb., 1899, company reported that $165,000 City & Suburban
and East End bonds hid been paid, but in May 1899 iio new securities had been issued.
Road— In May, 1899, operated 70 miles of track in Memphis and sub-
T and Johnson.
Officers— Pi'esident, C. K. G.
and Puich. Agent,
—V.
P. G.
Jones
;
Billings; Vice-President, General Man'r
Secretary aud Treasurer, R. L. Benson.
67, p. 371.
,
MENOMINEE, MICH.
Population 1890 was 10,633, and
in
1880 was 3,288.
MENOMINEE ELECTRIC LIGHT
^WAY & POWER.
RAIL-
Organization- Chartered July31,1891. Capital stock issued and
paid in $110,000; par, $100. First mortgage 6s of 1893, $29,000;
due $3,000 yearly; interest J&J at First National Bank of Menomi
nee. Owns 6 7-10 miles of track. For year ending March 31, 1896,
gross earnings from road, $20,091, against $20,105 in 1894-5 gross
earnings from electric light and powerplant, $22,541, against $21,315;
net of both in 1895-96, $11,532, against $10,987; net of both for year
ending April 30, 1898, $12, 87, and about same, estimated in Jan.,
1899, for 1898 9. Dividends are paid.
Officers.— President, A. Spies; Vice-President, S. M. Stephenson,
Secretary, Treasurer & General Manager, E. Daniell.
Population Estimated population in 1896 13,000
;
MERIDEN, CONN.
1880 was
MERIDEN ELECTRIC RAILROAD-TroUey.
Population 1890 was 21,652;
in
S
1, 1923
1893
6 g.F-A.
Metropolitan Tr. Co., N.Y.. trustee.
Earnings— Including electric-light plant, gross for first six months
1899 was $3,820; for calendar year 1893 gross was $17,223; in 1397,
$15,683; in 1896. $12,399.
Road— Owns 6 miles of track.
Rail 72-lb.
T-—V.
66, p. 288,
MIDDLETOWN, CONN.
Population in 1890 was 9,013;
AND
IN
in 1880
1870 was 6,923.
was
6,826;
A troUeyroad. Serves
population of about 20,000.
Organization— In Jan., 1898, consolidated with the Portland St. Ry.
Stock, par, $25. .issued, $135,000
Earnings of old Middletown St.
Ist M., $150,000, gold, 5
Ry.— For ending June 30, 1899,
guar, J-D
145,000 gross, $40,511; net, $11,123. In
(Dated 1894. Due 1915.)
year 1897 gross, $21,618.
Road— Owns 705 miles of tracks and 0-9 miles of sidings. Also two
miles of track to Lake View built in June, 1898.
Officers—President, Israel A. Kelsey; Vice-Pres't, Abel C. Allison;
Secretary ana Treasurer, J. K. Guy. INDEX— V. 62, p. 85.
I
1
Sfk$500,000($100)
Citz. St. KB. 1st M. ) 40
urbs.
Rails 70 to 90 lb.
nou-cum., $100,000
)
Maturity.
I
CO.-
Outstand'g.
interest.
Outstand'g.
$200,000
50,000
75,000 Feb.
.
ORQanization— Chartered in 1895 and consolidated with the Citizens' St., East End Street, City & Suburban and Memphis & Ealeigh
Springs lines; franchise runs till 1945.
Stock & Bonds—
of
interest.
MIDDLETOWN STREET RY.—
MEMPHIS TENN.
MEMPHIS STREET RAIL^VAY
Date,
(par $100)
Ist M., $300,000, g. ($500)
(In default, see above)c*
trolley
1897.
&
Bonds—
stock,
15,.540.
Organization— Organized August 14, 1886. In November, 1895,
control was obtained by the N. Y. N. H. & H. RR. Co.- V. 61, p. 794.
Stock
Bonds - Par. Date, interest. Ontslanding. Maturity.
Stock, $1,000,000..
$100
$1,000,000
Meriden Horse RR. ) 1,000 1891
5 A-O
85,000 Oct. 1, 1911
Istmortgage
S Interest at Girard Life, etc., Co. of Philadelphia.
Meriden Horse RR. >
1894 5 g. J-J $415,000 Jan. 1, 1924
con. M.,g., $.500,000 J Interest at Girard Life, Philadelphia.
Sept. 30, 1898, bills payable, $118,875.
Road—In Meriden, extending also to Wallingford, 11^, miles in aU.
Earnings- For year ending Sept 30, 1898, gross, $106,531; net,
$27,293; interest and taxes, $30,445; bal deficit, for year, $3,152. In
1396-97, gross, $111,437; net, $21,539.
Officers— President, N. H. Heft, New Haven; Secretary and Treas-
&
|
MIDDLETOWN,
Population
N. Y.
1890 was 11,977; in 1880
AND in 1870 was 6,049.
was
8,494;
MIDDLETOWN-OOSHEN TRACTION.
Nov., 1898, W. B. Boyce of Middletown was appointed receiver.V. 67, p. 1003.
Date.
Interest.
Oulst'd'g.
Maturity,
Stock
Bonds
$275,000f.p
Stock, $400,000, par $100
Old Go's. 1st mort. ,$200,000, J 1894 6g. J J
200,000 Jan. 1, 1919
gold, $1 ,000, s. f
July, 1 897, coupon last paid.
c* (
Middlet'n-Bloomb'g 1st M. J 1895 6 M.&N.
75,000 May 1, 1920
November, 1897, coupon last paid.
gold ($1,000) $200,000 s.f. I
Road— Operates 13 miles of track extending from Middletown,
N. Y., to Midway Park, Goshen and Bloomtngbiirg, ncluding switches,
turnouts, etc. Rails 65-lb. T except ^2 mile only of 80 lb. girder.
Yearly EARNINQS—Fiscal year ends June 30. Report for 1897-98
was in V. 67, p. 480. Earnings have been as follows
1897-8. 1896-7.
1897-8 1896-7.
Gross earnings... $46,620 $46,-584 Interest
$16,.500 $16,500
Net earnings
5,912
2,188 Taxes
1,622
1,545
3,513 Balance
df.12,210 df.14,532
Total net
5,912
Y.; Ferdinand
Officers—W. B. Royce, Receiver, Middletown,
McKeige, Brest., 44 Broadway, New York.— V. 67, p. 480, 1003.
—
&
I
|
1
I
N
MILFORD, MASS.
Population in 1895 was
WAS
9,310;
8,959; in 1890 was 8,780; in 1880
in 1870 WAS 9.890.
and
MILFORD HOLLISTON & FRAMINOHAM
STREET RAILAVAY-Troiiey.
Organization— Commenced operation May 15, 1896. In 1897 purchased entire capital stock of Milford & Hopedale St. Ry. and December, 1897, was consolidated with it. In 1898 9 reported to have made
arrangement with Milford Elec. Light & Power Co., by which operation of machinery of both systems are combined. The railway power
house, it was said, would be enlarged and new machinery installed.
Capital stock is $210,000 (par $100). First mortgage gold 5s, int.
J-J. at Amer. Loan & Trust Co., Boston, dated 1898, Sue Jan. 1, 1918,
$165,000.
21i8 miles of track.
Sept. 30, 1898, gross, $83,471; net, $33,472;
interest, taxes, etc., $13.2 JO. President, W. B. Ferguson; Treasurer,
G. A. Butman, Maiden, Mass.
Road— Owns
Earnings- Year ending
,
urer,
W.
L. Squire,
New Haven.— V.
61, p. 704. 704
MERIDENSOUTHINGTON& COMPOUNCE
TRAM WAY.-A
trolley road.
Organization, Etc.— Operation commenced about July, 1898. Operates 8 miles of track between Meriden and Southingtou. Extension
of 5 miles proposed. Stock authorized was $200,000, but in Jan.,
1899, increased to $500,000.
Date,
interest. Oulsland'a
Bonds—
Stock
Maturity.
Com. sto'k(* 100) $500,000
.$200,000'
M.g, $200,000 c* ($1,000)) 1898 5 g J-J
100,000 Aug "15,1928
can be called at llOafter > Int. at Col. Trust Co., N. Y., trustee.
Aug. 15, 1903
> Dividend of 1 per centpaid April, 1899.
The other $100,000 of bonds can be issued only for new extensions to
the extent uf 50 per cent of cost aud provided net earnings for the
twelve months preceding the issue were equal to 10 per cent on all
bonds issued and proposed.
President Francis Atwater; Sec, John A. Hurley, Meriden, Conn.
&
MICHIGAN CITY,
Population
LAKE
in
IND.
1890 was 10,776; in 1880 was 7,366.
CITIES ELECTRIC
RY.-TroUey.
Receivership— In Feb., 1898, I. I. Spiro was appointed receiver
Interest due Feb. 1, 1898, only partly paid.l
Lighting Plant— Owns plant for commercial and public lighting,
pole line and wires covering entire city. Company has a 10-year eontract with the city for lighting, from Aug.
1,
1894.
MILFORD & HOPEDALE
ST. RY.-Trolley.
Securities— Capital stock $60,000 (par $100), all owned by Milford
H. & F. St. Ry. On Sept. 30, 1898, loans and bills payable, $67,000; no
bonds. Owns 2-44 miles of track. In December, l'i97, was consolidated with Milford HoUiston & Framingham Railway.
MILLVILLE,
Population
in
N.
J.
1890 was 10,002; and in 1880 was 7,660.
MILLVILLE TRACTION-A trolley road.
Organization—This company owns the entire capital stock of the
Rapid Transit ($50,000) and operates in all 364 miles of track.
Outstand'g.
Date, interest.
Maturity.
Stock & Bonds$175,000
Stuck, $175,000
5g.F-A
1894
88,000
mortgage.
$400,000,)
Ist
1914
c* Interest at Land Title & Tr., PhUa.. Trus.
gold ($1,000 each)
Mlllville
s
$25,424
"Other debts" Jan.1,'99
Earnings— For year 1898 gross, $4,851; deficit under operating,
$1,540. President, G. B. Langley; Sec. and Treas., D. C. Lewis.
MILV/AUKEE, WIS.
Population 1898 (local estimate), 280,000; 1890 was 204,468; IN 1880 was 115,702; and in 1870 was 71,440.
MILWAUKEE ELECTRIC RY
& LIQHT.
Organization— Successor of Milwaukee Street Railway Company,
sold in foreclosure Jan. 29, 1896, per plan In V. 60, p. 1009. Embraces all the street railway lines in Milwaukee.
Controlled
STKEET RAILWAYS.
by the "North American Co." (See Miscellaneous Companies in Investors' Supplement.) The Company besides its street railway system owns and operates electric-light and power works (costing $1,625,938) under franchises said to be exclusive; these Include all the
electric light companies (with the single exception of one small plant),
among others the Edison Electric Illuminating Company, the Milwaukee Electric Light Company, the Badger Illuminating Co. and the
Milwaukee Arc Light & Power Co. Was furnishing in April, 1899,
57,518 incandescent lamps, about 1,244 h. p. in motors and 2,000 arc
lights. Owns the stock of the Milwaukee Light, Heat & Traction Co.
See
statement below.
its
The ordinance requiring the sale of tickets at less than five cents
was declared Invalid and a permanent Injunction restraining its enforcement was served on July 1, 1898.— V. 66, p. 1089; V. 67, p
In August, 1899, made proposition of settlement to the city,
a gradual reduction of fares to a 4-cent basis on oonaitlon
of a ten-year extension of old franchises and the granting of some new
ones.— See V. 69, p. 385.
Date, interest. Oiitsfand'g.
Maturity
Stock
Bonds
Common stock (par $100)
$3,500,000
Pref. stock, $4,500,000, 6 )
o unn nnn
a,ouv,vvu
p.o.,non-cum.,par $100$
MUw. City RR. Ist mort., 5 1888 5g. J-D 1,000,000 Dec. 1, 1908
41 m.,$l,000,000,gold.c* ( Central Trust Co., N. Y. City, is trustee.
West Side Street Ry., 1st < 1889 5g. J - J
$500,000 July 1, 1909
mort., covers 18 miles... ( Int. is payable at Farmer's L. & Tr. Co.
Milw. El. Ry. & Light Co., < 1896 5g. F- A $6,500,000 Feb. 1, 1926
consol.M.$8,000,000,g.c* (Trustee, Central Trust Co., New York.
Interest payable at company's office, 30 Broad Street, N. Y.
Bonds—New consols of 1896 for $1,500,000 are reserved for prior
bonds still outstanding and $1,000,000 pref. stock is issuable for im
74, 126.
oflFering
—
&
provements and extensions.
Road— Total
track Deo. 31, 1898, was 141 miles— all trolley.
Earnings -For 3 months ending Mar. 31, 1899, gross, $452,183
net, $203,159. Same 3 months of 1898. gross, $395,841; net, $167,714.
For 12 months ending Deo. 31, 1898, gross, $1,787,594 and net $780,911, the latter an increase of $106,800.
Annual Report— Fiscal year ends Deo. 31.
North American Co. in V. 66, p. 1186.
Teat-—
Gross railway
See report of the
Lighting,etc
1897.
$1,374,118
288.008
1896.
$1,211,093
261,658
1895.
$1,315,963
231,074
Gross earnings... $1,787,594
Operat'g expens.
1,006,683
$1,662,126
988,015
$1,472,751
1,012,645
$1,547,037
958,541
$460,106
$588,496
1898.
Net earnings
$780,911
$674,111
BALANCE SHEET JUNE
1,
Resources.
Liabilities.
Property
$14,223,151
Supply department...
52,906
Consols to retire 1st
mortgage bonds
1,500,000
Accounts receivable..
33,672
Trustee, appeal cases.
8,753
Securities in trust
6,700
Cash
18,473
Profit and loss
44,872
Total
1896.
Stock, preferred
Stock, common
$3,500,000
3,500,000
Consols
7,000,000
1st mortgage bonds...
1,500,000
Arc Light Co. mort.
20,000
Bills
and accounts
payable
234,744
Accrued interest
127,083
Mil. St. Ry. securities.
6,700
.
Total
$15,888,527
N. Cromwell.
$15,888,527
Vice-President. Henry
C. Payne, Milwaukee, Wis.; Secretary, C. A. Spotford, New York;
Treasurer, Edward Edes; Purchasing Agent, W. C. Vanden Berg.
New York office, 30 Broad St., N. Y. City.—V. 67, p. 74, 126; V. 68,
p. 619, 872; V. 69, p. 24, 385.
Officers— President, W.
55
& Bonds—
Stock
Date,
Twin. City Rap. Tran.
Common stock,$17,- )
000,000; par, $100 5
Preferred stck, cum
$3 000,000 ($100)^
Minn.
St.
1S95
7
- J.
Q.
m
n onn
!>io,uiu,uuu
<i!i «;
^
2,700,000
Maturity.
Aug., '99,
1%
July,'99,l%%
Ry. Co.—
1st M., g., red. at 105. Jiaon
^^^^
yearly.
j
2d mort., gold... c*Ar 1883
Ist consol.mort gold,
$5,000,000
St.
Outstanding.
Interest.
o*
Paul Oity Ry. Oo.—
N.
7 g M.
6 g M. - N.
1889 5 g
290,000 Nov.
600,000 Nov.
4,110,000
J.ij-
1.
1,
1910
1913
Jan. 15, 1919
1st consol. M., gold.. 1884 6 g A. - O.
680,000 Oct. 1, 1934
Cab. con., g., see text. 1887 5 g J./J-- J.
3,708,000 Jan. 15, 1937
Debentures, gold
1890 6 g M. - N.
709,000 May 1, 1900
All bonds are for $1,000 each, and interest is payable at Farmers
Loan & Trust Company, New York.
Capital stock— The capital stock is $20,000,000, of which $17,000,000 is common stock and $3,000,000 is 7 per cent cumulative preferred stock on which Interest is payable quarterly. In Feb., 1899,
$750,000 additional preferred stock, issued in payment of loan for
that amount, was listed on the N. Y. Stock Exchange, with authority
to list up to .f 3,000,000 when issued in exchange for St. Paul Ry. deb.
6s. The debentures are to be sold or exchanged for preferred stock at
not exceeding 7'a shares of preferred for each $1,000 debenture bond.
V. 68, p. 381. On August 1, 1899, amounts of preferred stock atd
debentures were as above.
For the preferred stock it is provided that if in any year dividends
amounting to 7 per cent are not paid on said stock, the deficiency
shall be a charge upon the net earnings of the company, and shall
be piBd subsequently before any dividend shall be paid upon or
set apart for the common stock. In case of liquidation or dissolution
of the company the holders of the preferred stock shall have prior
right on the assets of the company before any amounts shall be payable to the holders of the common stock.
Div id etids- All dividends on preferred to and including July, 1899
(1% per cent), have been paid. One per cent was paid on the common
stock in August, 1899.
See full description of property in application to the New York
Stock Exchange in June, 1895.— V. 60, p. 1148.
Bonds.— The Minneapolis Street Railway Co. jointly and severally
with the Minneapolis Lyndale & Mlnnetonka Railway Co. has issued
$5,000,000 5 per cent 30-year first mortgage and first consolidated
mortgage gold bonds, of which $890,000 are held in trust by the Farmers' Loan <fe Trust Company to redeem the $890,000 prior lien bonds. See
statement to N. Y. Stock Exchange in June, 1895. The consols are
also listed in London.— V. 60, p. 1149.
The St. Paul Oity Railway Company has issued $4,388,000 5 per cent
50-year cable consolidated bonds (including $680,000 held by the
Farmers' Loan & Trust Company, trustee, to redeem the $680,000 prior
lien bonds above) under a mortgage limited to $5,500,000.
Under
the mortgage these bonds can only be issued against the actual cash
cost of construction, under a mileage limit of $15,000 per mile. Part
of these consols ($1,138,000 on June 11, 1895) are guaranteed, principal
and Interest, by endorsement of Twin City R. T. Co. See statement
to N. Y. Stock Exchange in June, 1895.— V. 60, p, 1150.
Road—The entire system consists of 240 miles of standard-gauge road,
Two doubleall recently built or rebuilt, and thoroughly equipped.
track electric lines, 9 miles long, connect the business centres of the two
—
,
cities.
On
the principal streets of the cities 80-lb. rail with welded joints
Compaules Controlled by milwaukee Electric Itatluay and imbedded in concrete was used.
A second inter-urban line was completed and began to be operated
Sc lilgbt Co.
MILWAUKEE LIGHT HEAT & TRACTION COMPANY.- Incor- on July 1, 1898, affording direct communication with Como Park and
The capital stock ($500,000) is all owned
by the Milwaukee Electric Railway & Light Co.
The Traction Company owns and operates the following properties-
porated December, 1896.
all trolley
roads
Milwaukee &, Wauwatosa Motor Railway Co., operating between
Milwaukee and the town of Wauwatosa.
North Greentleld<fe Waukesha Electric Railway Co., Waukesha Beach
Electric Railway Co., Waukesha Electric Railway Co., operating between Milwaukee, Waukesha and Waukesha Beach.
Milwaukee Racine
Kenof ha Electric Ry. Co., operating between
Milwaukee, Racine and Kenosha.
Belle Oity Eleciric Railway Co.. operating in Racine and connecting
with the Milwaukee Racine & Kenosha line.
Total mileage, 74 miles.
<fc
Stock &
Common
Bonds—
Date.
interest.
stock,)
$500.000
M. g. guar.$5 ,000,000
c*
Outstanding.
I
)
Maturity.
aiinnnnn
$500,000
M. - N.
1899 5
1,500.000
City Trust Co., N. Y., trustee.
May
1,
1929
($1,000)
5
Interest at Co.'s office, 30
Broad St., N.Y.
The bonds are guaranteed by the Milwaukee Electric Railway &
Light Company. The Milwaukee Racine & Kenosha has $300,000 of
Istmott. gold 68 (M&S) outstanding, maturing Mar. 1, 1928, and the
Belle City Electric recently had $250,000 mortgage 5s out.
Officers and Directors— Same as The Milwaukee Electric Rail-
way &
Light Company.
General office, 451 Broadway, Milwaukee, Wis.
30 Broad Street.— V. 68, p. 619, 872
New York
office,
the State fair grounds.
V. 68, p, 522.
General Finances— in 1898 the $750,000 loan due Dec. 31, 1900,
was paid off, partly by the issue ot preferred stock. V. 68, p. 381, 522.
On Jan. 1, 1899, bills payable out.'^tanding were $110,000.
The company leases water power at St. Anthony's Falls (capacity 10,000 h. p.), which power is now used to run the entire railway
system
in
both cities.— see V. 64,
Latest Earnings- 6 mos.
6 Mos.
to
p.
704.
June 30—
Or OSS.
Nit
Charges.
Surphis.
1899
$1,151,356 $598,469 $405,135 $193,334
505,751
390,897
114,854
1898
1,005,035
Charges 12 months, $657,814 in 1898; $692,303 in 1897.
Annual Report— Fiscal year ends Dec. 31. Report for 1898 was In
V. 68, p. 522, showing results on the entire property as follows
Receipts from passengers
Receipts from other sources
Total receipts
1898.
$2,145,093
25,623
1897.
1896.
$1,982,785
26,336
$2,037,935
21,283
$2,170,716
$2,009,121
$2,059,218
8.^8,867
102,032
58,493
$877,616
52,464
72,000
$875,787
53,785
65,587
$1,019,392
$1,002,080
$995,159
Operating expenses
Insurance and general expenses..
Injuries
and damages
Total operating
Net earnings
$1,151,324 $1,007,041 $1,064,059
$618,131
Interest on bonds and 6% ctfs... )
8,226
Interest on floating debt
$705,438
>
713,454
79,534
Dividends on 7 p. c. pref. stock. )
58,170
Taxes
66,469
61,214
.
MINNEAPOLIS, MINN.
Paul combined in 1890 was
1880 WAS 88,360; AND IN 1870 WAS 33,096.
Population of Minnkapolis and
297,894; IN
TM^'IN
St.
CITY RAPID TRANSIT- Cable
and
electric
Total
Balance, surplus
$764,061
$771,907
$235,134
.$299,998
Balance Sheet.— Twin City Rapid Transit Company general
balance sheet of December 31, 1898, was as follows:
road.
ORQANIZATION—The company was organized under the laws of the
State of New Jersey, June 3, 1891, and by virtue of its stock ownership of the underlying companies (to wit: The Minneapolis Street
Railway Co., The St. Paul City Railway Co. and the Minneapolis Lyndale & Mlnnetonka Railway Co.), it controls and operates the entire
street railway system of Minneapolis and St. Paul. The combined
population of St. Paul and Minneapolis in 1895 was said to be 400,000.
$777,668
$373,656
Liabilities.
Resources.
Roadway, &c.
)
H Securities in treas.
J
Notes
Cash
<fe
m^o oaq t71
*'^-''"'""*'^^^
paid In adv.
Materials and supplies
Ins., etc.,
103,081
225,897
5,355
72,215
onds and
6%
certs.
Unpaid vouchers, etc.
Pay-rolls,eto., not due.
Int. on bonds accrued.
Hills payable
I
accts. recelv..
$17,472,200
388,000
62,867
79,399
208,521
Stocks
110,0'
Income account^sur.
Total
$30,309,719
Total
1,988,732
$30,309,719
;
Street Railway Co. stook, .$5,000,
stock, $5,000,000; Minneapolis Lyn
Ry. Co. stock, $385,000— total par value, $10,385,-
Note.— Includes: Minneapolis
000;
dale
J
:
STKEET RAILWAYS.
66
TI
;
raiil Citr
St.
& Minnetonka
Railway
000; Tallied at $15,000,000.
Officers— President, Thomas Lo\sTy Vice-President, Secretary and
Treasurer, C. G. Goodrich; Auditor, J. F. Calderwood; General Man
ager, W. J. Hield. Fiscal Agents, J. Kennedy Tod & Co., 45 WaU
Street, N. Y. (V. 65, p. 1127; V. 66, p. 424, 428, 469, 1209; V, 68,
p. 376, 381, 522.
.
;
MOBILE, ALA.
;
MUNCIE, IND.
RAILROAD-TroUey.
Organization— A consolidation in April, 1897, of the M. L. & Railway and Mobile & Spring Hill Ry. Franchise is perpetual.
Date, interest. Outstanding. Maturity.
Stock & Bonds—
$400,000
Stock, $400,000, par $100
1897 5g. J-D
400,000 June 1, 1937
1st mortgage, gold ($1,000)
Road Etc. —Owns 14 miles of track In Mobile and extends to
Spring Hill, 4 miles; total track, 18 miles. Company also owns
Monroe Park" water power and 320 acres of land; also electric
light plant of capacity of 6,000 incandescent lamps and 30 arc lamps
with power circuit and power house.
Officers— President and General Manager, J. H. Wilson; VicePresident, L. H. Rust; Secretary, C. W. Chase.— V. 61, p. 282.
. .
MOBILE STREET RAILROAD
CO.-A
trolley
road.
Organization- Successor to the Mobile Street Railway, sold in fore,
closure in 1892, and which was chartered Feb. 26, 1888. The Mobile
Street Railway had a State charter for 50 years from June, 1887. Consolidation of this road with the Mobile Light & Power Co. has been
MUSCATINE, lOV/A.
Population 1890 was 11,454; in 1880 was 8,295;
AND IN 1870 WAS 6.718.
MUSCATINE ELECTRIC
Miles. Date. Interest. Outstand'g. Maturity,
Bonds—
$500,000
Stock, $500,000
240,000 May 1,1923
W™"'^^^^^'^^^*^'
\
(?)
Other indebtedness
Interest at National City Bank, New York.
.Bojicfs- The mortgage of 1893 is for $350,000, and was Issued for the
purpose of electrically equipping the road, for extensions and improvements. The mortgage trustee is the Farmers' Loan & Trust ( "o., N. Y.
Road— Operates 23 miles of track, of which 22 electric and 1 m. horse.
Officers— President, J. C. Morris; Vice-President, F. J. Gasquet;
Secretary, R. B. Owen Treasurer and General Manager, R. Semmes
Chief Engineer, J. F. McAviney. Office, Anthony and Royal streets.
^^^^''
"^
^^^^ ^^
^"^
RY.-TroUey and
light
plant.
In March, 1899, was purchased by Harry W. Huttig, of the Huttlg
Bros. Manufacturing Co., who was subsequently reported to have sold
a half interest in the property to L. W. Prior, of Cleveland, Ohio.
Organization— Chartered in February, 1893. Its charter is for 25
years, and its franchise for operating street railways gives it, so it is
said, the exclusive right to do street railway business in the city for
the same period, 25 years. The gas and electric light franchise is to
operate and maintain within the city gas, electric light and power
works, and the city agrees to take not less than 21 arc lights and 270
gas street lamps for ten years. Home Electric L. &. P. Co. acquired
in 1896.
Maturity.
Date, interest. Outstand'g.
Bonds—
Stock
&
$300,000
Jan. 1, 1913
150,000
subject to call at par Jan. 1, 1908
^
Manhattan Trust Company is mortgage trustee.
Gross, $49,088; net, $16,074
Earnings— 10 months, > 1898-9
July 1 to April 30. 51897-8
Gross, 46,138; net, 13,140
Annual Report— For the years ending June 30 earnings were: In
Stock
Istmort
«150 000 gold.
2-old
mort., ij>l50,000,
1st
proposed.
&
Balance,
Surplus.
1898
$1,471,940 $707,056 $105,352 (10) $462,916 $138,788
1897
1,342,368
139,523
605.939
88,083
326.667
(8)
1896
102,107
1,265,898
320,000
555,033
92,926
Road— Owns 85 miles of track. President, L. J. Forget.— V. 67, p.
1000 V. 68, p. 524.
Dividends.
Oharqes.
in 1890 was 11.345; in 1880 was 5,219;
and in 1870 was 2,992.
The former Citizens' Street Railway of Munoie has been acquired by
and now forms part of the Union Traction Co. of Indiana, which see .
;
Stock
in V. 67, p. 1000, showing:
Population
Population 1890 was 31,076 in 1880 was 29,132
AND IN 1870 WAS 32,034.
MOBILE LIOHT &
Report— Report for 1897-8 was
Sept. 30—
Gross
Net
Tear end.
i
1^98
6g.
J-J
1897-8, gross, $55,476; net, $15,841; in 1896-97, gross, $51,378, net,
$13,854; in 1895-96, gross, $43,211, net, $12,879.
Road— Operates 8 miles of tracK.
Officers— President, L. W. Prior, Cleveland; Vice-President and
Secretary, H. W. Huttig; Treasuror, C. E. Deuison, Boston.— V. 67,
p. 480; V. 68, p. 619.
;
-V.
60, p. 929.
NASHVILLE, TENN.
Population
IN
MOLINE,
NASHVILLE RAILV/AY-A trolley system.
ILL.
Population 1890 was 12,000;
AND IN 1870 WAS
in
in Tri-City
4.166.
RY.-TroUey.
Railway of Davenport,
la.,
which
see.
and
in 1870
was
in 1880
10,588.
Organization—A
1894.
Has a perpetual but
not exclusive franchise.
tTOCK, Bonds Etc. Miles.
Date. Interest. Outstand'g
Maturity.
$290,000
tock..
14-25
1893 6g. F-A
Ist mortgage for<
290,000
1923
$350,000, gold.. ( Interest at Farmers' L. & T., Trustee, N. Y. City.
Bonds—The bonds unissued may be sold at the company's discretion.
Road— In Feb, 1899, owned 141^ miles of trolley road.
Calendar years—In 1897, gross, $54,914; net, $27,709. In 1896,
gross, $57,290; net, $29,382.
J.
C.
President, J.
W. Dimmick
I
Do 2dseries
Do 2d mortgage
was 16,713;
RY.-A cioUey road.
1,
(?)
5
McG.&Mt.V.8um'r8t.lstM.
MONTCOMERY STREET
consolidation, Aug.
& Co. of Baltimore. Includes all the street railways in Nashville
interest.
Date,
Outstand'g. Maturity
Stock & Bonds—
bleton
Stook ($6,500,000 auth.)
itizens' Rapid Transit 1st
M., $100,000, gold.
MONTGOMERY, ALA.
Population 1890 was 21,883;
in 1899 of the Nashville Street Railway, the Nashville & Suburban, the Citizens' Rapid Transit and the
Cumberland Electric Light & Power. Co solidation arranged by a
syndicate represented by the Baltimore Trust & Guarantee and Ham-
Organization— Consolidation
1880 was 7,800;
MOLINE CENTRAL STREET
Road has been merged
1897 estimated at 125,0 '0; in 1890 was 76,168;
1880 was 43,350; AND IN 1870 WAS 25,865.
in
;
Secretary,
1890
6g. J-J
60,000 July 1, 1910
Int. at Trust Co. of Nor. Am., Philadelphia.
J-J
6 A-O
1886
1887
1889
65,000
1926
485,000
1937
200,000 Oct. 1,1919
6
6J-J
Nashville & Edgefield6 J274,000 Jan. 1,1919
Consol. mort., $400,000... 1889
Nashville St. Ry. consol. M. ) .Qq- =„ Jt_t
07^1000
inn i1, iQ^^
- J
1925
975,000 Jan.
^^^^
5
g.
\
$2,000,000, gold $1,000.
Interest is payable by Moore & Schley, 80 Broadway, N. Y.
Of the NashviUe St, Ry. consol. mortgage of 1895, $1,025,000 are
in escrow to redeem underlying bonds.
Road— Operates about 70 miles of track.
Officers— (May, 1899)— President, F. S. Hambleton, Baltimore;
Vice President, E. C. Lewis; Secretary and Auditor, N. P. Yeatman;
Treasurer, A. H. Robinson; General Manager, E. G. Connette. V. 68,
p. 672, 724, 824, 977, 1133, 1226.
.
Virden Treasurer, G. W. Cralk.
;
MONTOOMERY
Stock & Bonds—
Date.
SUBURBAN
interest.
NATICK, MASS.
ST.
Outstanding.
RY.-
Maturity.
Stock
$100,000
None, Feb., 1898
(1j
Road— In Feb., 1899, operated 412 miles of track and road.
Officers— President, Heary Fonde; Treas. and Man., H.
Sec, Edward A. Graham.— V.61, p. 70.
Mortgage
S.
Jones,
MONTREAL, CANADA.
Population in 1897 was about 250,000; in 1891 was
216,650; and in 1881 was 155.237.
MONTREAL STREET RY.-A troUey road.
Organization— Chartered May
18, 1861. Franchises expire in
In March, 1889. authority was received from the Dominion
Parliament to Increase the stock to $10,000,000 from time to time.
i^ate. interest.
Onlstonding. Maturity.
Stock and Bonds—
....
.^.800,000
Stock, $5,OUO.OaO; par $50
'^^^^
'^ ^'"^
292,000 Mar. 1. '08
5
et»rlir,o.<lPhPiitiireB
debentures
Sterling
J j^^ ^^ ^^^^^ ^f Montreal, London
Eng.
^^^'^ 4i«F-A
•22
.$681,3;^. Aug.l.'S
Ht»rlino. dehentures
rtPhpntnrps
i
Sterling
.^^ Bank of Montreal, London, Eng.
^ jj,^
En
Under trust deed of Aug. 10, 1893, the debenture 5s and 4'£8 are
of equal rank.
Latest EARNINOS.-Jan. 1 to July 31, gross, $949,647 in 1899.
$338,938 in 1898.
Population in 1895 avas 8,814; in 1890 was
in 1880
was
8.479;
and
in 1870
NATICK & COCHITUATE
was
9,118;
6.404.
ST- RY.-TroUey
road.
Organization- Extension from Cochituate to Wayland Centre competed in July, 1899, Increasing length of road to 17 miles. Stock.
$100,000, par $100. No bonds. Unfundeddebt Sept. 30, 1898, $17,000.
p. c. on $31,100; in 1894-5, 3 p. c; in 1895-6,
5 p. c; in 1896-7, 6 p. c; in 1897 8, 6 p. c.
Earnings- For years ending Sept. 30
Int.<6 taxes. Dividends. Bal.,sur
Oross.
Net.
Dividends— In 1893-4, 6
$2,287
$6,000
1897-98
$8,561
$273
$55,490
1,682
6,000
1896-97
45.738
9,357
1,675
Total surplus Sept. 30, 1898, $9,710.
Officers—Pres., Harrison Haiwood; Treas., R. W. Harwood; Clerk,
F. H. Hayes.
1922.
NEENAH,
V/IS.
POPJLATION 1890 WAS 5,083; in 1880 was 4,202;
AND IN 1870 was 2,655.
MENASHA &
VVA Y— A troUey road..
NEENAH STREET
RAIL-
Organization, Etc.— Chartered in 1885-86.
1897, by
Dagnon Improvement
Purchased July 1,
and motive power
Road was extended to Appleton
Co. of Cleveland, O.,
changed from horse to electricity.
and Lake Winnebago. Stock (par $50), $25,000; 1st mortgage, $25,000.
Owns 4 miles of track. Pres. and Ti-eas., F. Schumacher.
STREET RAILWAYS.
NEGAUNEE, MICH.
Population 1890 was 6,078 in 1880 was 3,931
AND IN 1870 WAS 2,559.
;
NEGAUNEE & ISHPEMING STREET RAIL-
WAY & electric—
Organization Cousolidation of the Negauiiee & Ishpemtng Street
Railroad Co., the Negaunee Electric Light Co. and the Ishpeming Electric »fe Gas Co. Capital stock paid In, $142,000; no bonded debt. Unfunded del;t in Aug., 1897, $17,000. Owns 4 miles of track. President,
S. S.
Mitchell.
NE^V ALBANY,
Population 1890 was 21,059;
AND
IN
in
IND.
67
Center was purchased in 1897 by Central RaUway & Electric and
biilance by Hartford Street Railroad. The two roads roads join at
Newington Church, and through cars are operated from New Britain
to Hartford under a 99-year contract; distance from central part of
New Britain to central part of Hartford, 10-42 miles. Rails 35, 40,
56, 60 and 67 lbs. Cars, 13 closed and 23 open.
Earnings— For years ending Sept. 30.
UaVwau.
Total gross.
Xet.
$96,956
$67,487
$164,443
$57,105
91,419
62,598
154,017
49,933
From net in 1897-93 paid taxes and bond interest, $40,152. In
1896-97 taxes, $6,605; bond Interest, $26,650.
Officers— President, A. M. Young, Waterbury; Secretary, E. H.
Mather Treasurer.
1880 was 16,423;
Elec. light.
1897-98
1896-97
F. G. Piatt,
;
New
Britain.— V. 65,
1054.
p.
1870 was 15,396.
ALBANY RAILWAY-A
NEW
Hartman
Bondholders' Committee—
trolley road.
of New Albany, Lafon
Louis
and W. R. Belknap. Receiver is John MacLeod.
Date, interest. Outstanding. Maturity.
BondsStock
M-N
$30,000
Receiver's certitlcates
$150,000 July 1, 1913
New Albany Street Ry. 1st.. 1888 6 J - J
Jan., '95, coupon unpaid. Tru.stee, Louisville Tr. Co., Louisville, Ky.
Jan. 1, 1913
N. Alb'yRy.M. $500,000 g... 1893 5gJ-J
f 50,000
In default. Trustee, Columbia Finance <fe Trust Co., Louisville, Ky.
Road Operates 7 miles of track and road.— V. 64, p. 800.
NEV/ BRUNSWICK,
Hen
N.
J.
Population 1890 was 18,603; in 1880 was 17,166:
and in 1870 was 15,058.
&
BRUNS^VICK TRACTION CO.-
Organization— Organized May 14, 1895, to purchase, equip with
and to operate the New Brunswick City Railway. In
—
1893 was said to have reached an agreement with N. Y. & Philadelphia Traction by which each company will build extensions and
the two roads will form a continuous line from Perth Amboy to Trentrolley road.
Organization— Incorporated in 1895. Succeeded on December 1, ton. In Oct., 1898, Gottfried Krueger and E. H. Radel were reported
to have purchased a controling interest in the New York & Philadel1895, New Albany Highland RR., sold in foreclosure.
Stock $25,000. Ist mortgage, $75,000, incomes for 5 years, dated phia Traction Co. (See Trenton, N. J.) Capital stock authorized and
Issued, $500.000.
1896, 5 per cent, J. & J., Issued $56,000, due January 1, 1921.
On Dec. 31, 1898. unfunded debts, $223,183. The mortgage of
Road— Two miles of track.
is for $500,000 of 5 per cent gold $1,000 c* bonds due July 1
1896
Officers— President, Her"'. Terstegge; Vice-President, John H.
1926; bonds cannot be called; interest J. & J. (January, 1893), $170,Bhrader, jr.; Secretary and Treasurer. Frank H. Oohmann.
000, Fidelity Title & Deposit Co. of Newark, trustee.
electricity
HIGHLAND RAILROAD.-A
Road— Reported to be
NEV/ BEDFORD, MASS.
Population
was 55,251; in 1890 was 40,733; in 1880 was
was 21.320; and in 1898 (EST)MATED^, 60,000.
in 1895
26,845; IN 1870
DARTMOUTH & WESTPORT STREET RY.An electric
road.
Organization, Etc.—stock, $150,000; 1st mort., $150,000, dated
1895, gold, c* ($1,000 each), 5s A-O, issued $90,000, due April 1, 1915.
trustee, International Trust Co., Boston, where interest is payable.
Dividends: In 1894-5, 8 p. c; in 1895-6, 91^ p. c; for 1896-97,8
1898, Jan., 2 p. c, April, 2 p. c, July, 2 p.
c; in 1899, Jan., 2 p. c; Apr., 2 p. c.
Road -Connects cities of Fall River and New Bedford. Owns 9'84
miles of track and operates in all 14-27 miles of main track.
Earnings— Year 1897-98, gross, $96,914; net,$28,861; interest, $4,500; taxes, etc., $10,605; dividends, $12,000; balance, surp. for year,
$1,756. Total surplus Sept. 30, 1898, $19,103.
President, F. W.
Brlghtman, Fall River, Mass.; Treas.,
New Bedford,
p. 0.; in 1897-8, 8 p. C; in
C, Oct., 2
p.
,
Mass.
operating in Jan., 1899, 51 miles of
New Brunswick
trolley-
SomervUie wai
opened. Extension Bound Brook to Plainfleld was operated from Oct 29
1898, connecting with Plainfleld Street Railway and giving Plainfleld
trolley connections with New Market, Lincoln, Bound Brook, Finderne,
Somerville, Raritan, New Brunswick, Franklin Park and Metuchen.
Earnings— Year ending Dec. 31, 1898, gross, $51,842; net, $824.
Officers— President, Gottfried Krueger; Vice-President, Andrew
Radel Sec'y and Treas., Edward H. Radel.— V. 62, p. 29.
In Jan., 1899, line from
track.
to
;
NEW^ BRUNSWICK CITY RAILWAYORGANIZATION— Chartered in 1868. In May, 1895, control was sold
Brunswick Traction Company. Operates 7 miles of track.
Maturity,
Stock & Bonds— Miles. Date, interest. OutstaiuVg.
to the
Stock
1st
$100,000
25,000
203,185
—A-O
mortgage
0th. debt Jan. 1. '99
f.
p.
(?)
Earnings— For year ending Dec. 31, 1898, gross, $34,561; deficit
under operating expenses, $549. In 1896, on 7 mUes, gross, $23,745.
Officers President, Gottfried Krueger; Vice-President, Andrew
Radel; Secretary and Treasurer, Edward H. Radel.
—
UNION STREET RAIL^WAY-A troUey road.
Organization— Incorporated March 18, 1887.
Date.
interest. Outstand'g. Last
Stock & Bonds—
NEW
div., etc
Stock,$450,000(par$100)
Q-F $4,50,000 A ug.l, '99,20/0
Consol. M. for $500,000, < 1894
5gJ-J
350,000 Jan. 2, 1914
g.. 8. f., not subj. to call I Int. at Old Colony Trust Co., Boston, trustee.
CurrejLt liabilities Oct.'98
Bonds -Consols of 1894 for $100,000
maturing July, 1898.
12.i,103
were sold to
retire Ist mort. 58
Dividends— In 1892-93 7 per cent in 1893-94 6 per cent in 1894-95
4 per cent; in 1895-6, 8 p. c; 1896-97, $37,000; in 1897-8, 6 p. c;
Nov. 1, 1898, 2 p. c; in 1899, Feb., 2 p. c; May, 2 p. c; Aug., 2 p. c.
Road—On Sept. 30, 1898, owned 23707 miles of trolley road (measured as single track), of which 3*74 miles is sidings, switches, etc.
Latest Earnings— Jan. i to June 30, 6 months, gross, $100,599 In
1899; $87,268 in 1898.
Earnings— For years ending Sept. 30.
1893.
1897.
1897.
1898.
Gross earns... $206,138 $220,626 Dividends paid.. $27,000 $37,000
Net
74,209
71,030 Bal.,.sur., for year 17,683
2,914
Int.,taxes,etc.
29,526
31,116 TotaUur.Sep.30. 50,000
77,650
Officers— President, H. H. Crapo; Vice-President, Thos. B. Tripp,
Secretary and Treasurer.
.— V. 63, p. 1061.
;
;
population 1890 WAS 11,600;
AND IN 1870 WAS
CASTLE
NEW
Organization-
1880 was 8,418;
TRACTION-AtroUey road.
36,000.
Stock
&
Bonds—
Date.
Interest.
Stock, $500,000 ($50)
iBtM., $500,000, g.
c*
$1,000
|
|
in
6,164.
Incorporated Jan. 12, 1897, and took 999-year leases
of New Castle Electric Street Ry. and New Ca-tle & Mahouingtown St.
Ry. Rental one-third of gross receipts, and as a minimum for first
five years $15,000 yearly to New Castle Elec. St. Ry. and $5,000 yearly
to Vew Castle & Mahoningtown Street Ry.; thereafter $18,000 and
$7,000 respectively. Population in 1899 estimated by city officials at
I
I
CASTLE, PA.
1897
5g.
M&N
Outstanding
$500,000
300,000
Union Trust, Pittsburg,
balance SHEET JUNE 30, 1899.
Interest at
A ss( ts—
Cost of road and equip.
Stocks other companies
I
$557,729
500,< 00
Ca^h
3,549
138,283
Open accounts
Dividends,
May 1,1927
trustee.
Liabiliiies —
$500,00a
500,000
162,000
22,676
14,885
Capital stock
Funded debt
Bills payable
Accounts payable
Surplus
NEW
BRITAIN, CONN.
Population 1890 was 19,007;
AND
IN
in 1880 was 13,979;
1870 was 9,840.
CENTRAL RAILAVAY & ELECTRIC-
Has been acquired by the Connecticut Lighting & Power Co.— see
V. 68,p. 1133.
Organization—Does both an electric light and street railway (trolley) business, being a consolidation of the New Britain Tramway and
New Britain Electric-Light Co. Securities below include both railway
and lighting plant. Population In 1895 estimated at 26,000. See editorial in V. 65, p. 1054.
Date,
interest. Outstanding. Maturity.
Stock
Bonos—
Stock ($1,000,000) $25
.$600,000f.p
iBt M. s.f .$75O,000(Tm8..^
1893
5 J - I)
600.000 Dec. 1, 1923
Old Col. Tr. Co., Bost.)c* < Interest at New Britain National Bank.
Bills payable June 30, 1898
$18,608
Coupon notes
1898 5 A-O
80,00J
1906
Road— July l, 1898, owned road 1862 miles in length, being 4i«
miles in city streets and 4^ miles to Plain ville; 4 miles to Berlin;
313 miles to Newington Centre; switches, etc., 2 miles. Length of road
paved, 10-25 miles. The Newington Tramway was formerly owned
Jointly with the Hartford Street Railway, but 312 miles to Newington
&
$1,199,561
$1.' 99,561
Total
19 miles of track. Rails, 66-lb. to 80-lb. girder.
Earnings- Year ending June 30, 1899, gross, $115,916; net, $37,170.
Officers— President, R. R. Quay; Sec and Treas E. E. Hamilton.
Total
Road— Owns
.
NEW HAVEN,
CONN.
POPULATION 1890 WAS 85,981 in 1880 was 62,882
AND IN 1870 WAS 50.840.
;
FAIR HAVEN &WESTVILLE RR.-A trolley road
Organization- Incorporated June 20, IHOO.— V. 04, p. 134. On Nov.
1, 1808, the New Haven Street Railway was puroliaaed for $200,000
stock and $500,000 one-year notes, and consolidated with the F. H. <fc
W.— V.
67, p. 843, 955.
Stock—
Stock auth. ($2,000,000)
^go^tSd'byR^lw:!
New Haven
Street Rv.—
l8tniort.,g()ld ($600,000)..
$500 and $1,000
lstpiir(h'eM.$2.50,000g..c.
$1,000 not sul)J. to
F. H.& West. Notes
call...
Maturity.
Outs'ding.
J-J $2,000,000 July J, '99, !>*
Par.
Divid's.
$25
1893
5gM-8
)
1893 5 g.M-S 600,000
I
Int. at trustee.
?
1894
<
Am.
J-D
5
Int. at trustee.
1898
Sept.
283,000
L.
.fe
.5O0.000
1933
Sept. 1,1913
L. >t Tr. Co.,
2.50,000
Am.
1.
June
Boston.
1,
1914
Tr. Co., Boston.
189»
:
STREET RAILWAYS.
58
Increased In Norember, 189S, from
$900,000 to $2,000,000, to pay a dividend of 100 per cent in stock und
to meet part of purchase price of New Haven Street Railway.
Dividends— On April l, 1899, 1^4 p. c; July 1, 1^4 p. c.
Road— In July, 1899, consisted of about 65 miles of track, embraciug following lines
Old F. H. & W., 20 miles, extending from
Fair Haven via Chapel Street, New Haven, to Westville, with branches
to steamboat wharf, out East Chapel Street, to railroad station, etc.;
New Haven & North Haven Street Railway, 22 miles; New Haven &
Centreville. 7% miles; former New Haven Street Railway lines, aggregating about 35 miles, and radiating from the business centre of New
Haven ("The Green") to East Rock Park, Fort Hale Park, the old
Government Light house and the Point, and the adjacent bathing
beach. Lake Whitney and Lake Saltonstall. the suburban villages of
Morris Cove, Whitney ville. East Haven, Centreville and, Westville; also
to Mt. Carmel, Cosey Beach and Mansfield's Grove.
Earnings- For year ending Oct. 1, 1?97, roads now united had
earmngs, etc., as follows
N. H.
y. H.
Tear 1896-7— F.B.<t W. Street Ry.
F.ff.d- W. Street Ry.
Gross
$10,800 $10,185
$304,048 $210,119 Taxes
Other
21,237
25,000
(Dividends
5,647
44,272
60,000
Interest
Net
1,982
9,846
$101,883
$81,438 Bal. sur. for yr.
For 9 months ending June 30, 1898, F. H. & W. earnings were gross,
$247,813; net, $103,256. Earnings of N. H. Street Ry. for same period
were gross, $144,756; net, $57,032.— V. 64, p. 134; V. 07, p 843, 955.
Officers— President. Henry S. Parmelee; Vice-President, Samuel
Hemingway; Treasurer, LeverettCa idee. Directors, H S. Parmelee,
John B. Carrington, Samuel Hemingway, E. Hayes Tro vbridge, Geo.
D. Watrous, James S. Hemingway, Wilbur F. Day, Samuel E. Merwin,
Stock—The capital stock was
Annual Report— Fiscal year ends Sept. 30. In 1897-98 gross,
$267,452; net, $122,159; taxes, $13,068; interest, $36,541; dividends, $64,000; balance, surplus for year, $8,550. In 1896-97 gross,
$248,320; net, $114,786.
GENERAL BALANCE SHEET SEPT. 30, 1898.
Liabilities.
:
I
'
all of
New Haven.
MANUFACTURER'S STREET RAILWAY.-
in May, 1896. Owns road l^ miles in
length, used for freight purposes, running from a freight depot to a
manufacturing section, part of the way on private land and part on
the streets. Power is obtained from Fair Haven Une. Company owns
one electric locomotive. Capital stock, $20,000; no bonds. For nine
months ending June 30, 1898, gross. $4,107; net, $1,326 taxes,
$714. Bills payable June 30, 1898, $14,000. President, George S.
OrqanizatiON— Organized
Barnum.
NEW ENaLAND
Organization-
Construct'n & equip'm't
Stock rights, etc
Miscellaneous
^25
Total
Apr. \ p.
p.c; July,
text Q.- J.
$1,081,925
Julyl5,'99,3i%
:
%
p. c.
Officers— President, E.
E. Floyd; Vice-President, A. R. Mitchell, Bos-
ton. Mass.; Treasurer, A. E. Pond,
New Haven. Conn —V.
63, p. 229.
HAVEN STREET RY.—In 1898 consolidated
Fair Haven & Westville RR.— which
above—V.
843, 945.
NEAA^
-with
see
66, p.
NEW HAVEN & CENTREVILLE STREET
RY.— Acquired in 1897 by Fair Haven & Westville RR.
V/EST
SHORE RAILVTAY-A
trolley road.
Organization— Commenced operating July 1, 1894. From Dec,
1895, road was leased for 99 years to Winchester Avenue Railroad,
Interest and dividends at 5 per cent per annum being guaranteed.
Stock
Bonds— Mites. Date, interest. Outstanding. Maturity.
Stock, $200,000 ($25)
5
$80,000f.p. 5%div.guar.
1st M., $30,000, gold, ) 3-9 1894
5 J-J
30,000
July 1, 1914
subject to call
S Interest at Merchants' Nat. Bank, New Haven.
Road— Owns road 3-9 miles in length, extending from Savin Rock to
Woodmont in the towns of Orange and Milford. Also has trackage over
Winchester Avenue Line to centre of New Haven. Rails T 60 lbs.
President, James D. Dewell; Secretary, Israel A. Kelsey.- V. 62, p 86.
&
WINCHESTER AVENUE RAILROAD-A
trolley road.
Organization—The New Haven & West Haven RR. Co., has been
absorbed by consolidation. Control held by New England Street
Railway. In December, 1895, leased West Shore Railway for 99
-years, guaranteeing interest and 5 per cent dividends.
Par.
interest. Out.itanding.
Last div. etc.
Stock dk Bonds.
Stock, $1,000,000
$25
Q.-J./f
$800,000
Notreported.
5g. M.-N.
500,000
Nov. 1. 1912
(
let M.goldl892..c*<fcr< Interest at Ist Nat. Bank, N. Y., and in Boston
at Safe Deposit & Trust Co.
(
Stock—In May, 1897, the Legislature authorized an increase of
capital stock from $600,000 to $1,000,000 and extension of the tracks.
In April, 1899, stockholders voted to issue $200,000 of the additional
stock, raising amount outstanding from $600,000 to $300,000.
Bonds—The bonds are joint obligations of the Winchester Avenue
RR. Co. and the New Haven & West Haven and cover all property
owned or to be hereafter acquired under the charters. The entire
$100,000 of 6 per cent debentures maturing in 1909 was called for
payment June 1, 1899 (part of the new stock being used for tliis purpose), and they are therefore omitted above. V. 68, p. 979.
Road— In August, 1899, was operating 23*21 mUes of track, of
which 19-31 owned. Its lines extend to Union Depot, Savin Rock, City
Point. Evergi-een Cemetery out Congress Ave. to Boulevard; also
-Crosistown line to Reud Street. Leases West Shore Ry.— which see.
—
2,941
loss.
$1,268,363
Total
$1,268,363
Officers— President, A. B. Turner Secretary, H. T. Spencer, West
Haven, Conn.; Treas'r. A. E. Pond.— V. 68, p. 234, 774, 979 V. 69, p.
;
;
284.
NE^V LONDON, CONN.
POPULATION 1890 WAS 13,757; IN 1880 WAS 10,537;
AND IN 1870 WAS 9.576.
NEW LONDON STREET R Y-A troUey
road.
Organization-Incorporated in 1886, and has perpetual franchise.
Outstand'g. Last div., etc.
int.
Miles. Date.
Stock & Bonds—
Stock ($500,000 auth.)
j_j
)
$247,500
Julyl,*99(2ifl)
Oct. 1, 1923
110,000
1st M.,'$150.o6o',g6id'. 718 1893 5 gA-0
22,961
Bills payable June 30, 1898
Interest and dividends are payable at American Loan & Trust Co.,
Boston. Of the mortgage for $150,000 the balance unissued is reserved
to be applied under laws of Connecticut for new property, as needed,
at not exceeding 75 per cent of its cost.
Dividends July, 1894, 2^ p. c; in 1895, 6 p. c ; in 1896, 7 p. c; In
1897, 7 p. c; in 1898, 7 p. c; In 1899, January, 2^ p. c: July, 2'« p. o.
Road— Owns 7-18 miles of road (siagle track) laid with 48-lb.T rails.
Latest EarninGS-6 months,) 1899... Gross, $21,961; net. $3,947
^898. .Gross, 21,104; net, 4,050
Jan. 1 to J une 30.
Annual Report— For years ending Sept. 30 earnings have been:
1897.
1898.
1893.
1897.
$13,061
Gross earnings.. $55,804 $53,822 Bal. for divs....$14.09D
21,452 Dividends.. .7% 12,375 7%17.32a
Net earnings.... 23,644
1,720 def.4,264
5,.500 Balance
Interest paid....
5,500
16,789
20,565
2,891 Total sur
Taxe8,etc
4,049
1
1
1
Officers—President and Secretary, Walter Learned, New London;
Treasurer, S. Reed Anthony, Boston, Mass.; Superintendent and Purchasing Agent, L. Bentley.
In 1895, 4>4 p. c; in '96, 4% p. c; in '97, S^a p. c; in '98,
c; July, \ p. c; Oct., \ p. c; in '99, Jan., % p. o.; Apr., %
IHvide7ids
and
V. 61, p. 611; V. 62, p. 684.
STREET RAIL^WAY.
Incorporated in February, 1893, under the laws of
railways In the New England States. In
Nov., 1894, ac(j[uired control of a large majority of the stock of the
Winchester Av. RR. Co. of New Haven, Conn. (18,0
out of 32,000
shares), and also controls the Plymouth & Kingston Ry. Co. of Plymouth, Mass. See V. 63, p. 229.
Last Div.
Par. Dividend. Outstanding.
Stock.—
(
Bills payable
Accounts payable.
34,862
15,400
Profit
NEW
New Jersey, to control street
'^tuthorizld.'!!*?^:^.^.^
Bonds
31«,30i*
Cash
$600,000
593,000
^^'^SS
222
Stock
$901,792
ORLEANS, LA.
POPULATION 1890 WAS 242,039; IN 1880 was 216,090;
AND IN 1870 WAS 191.418.
ALGIERSwithGOULDSBORO
animal power.
&
GRETNA-
Capital stock, $25,000; bonds
miles
President, Treasurer and Supt., A. M. Halliday.
ROAD— 3-75
$25,000.
RR.-Consolldated with New
CANAL & CLAIBORNE
429.
V.
which
Orleans and Carrollton,
ORLEANS
NEW
owned by
The
is
TRACTION.
this
property
1899, and
68, p.
see.
company was
now in the possession
sold at foreclosure in
City RR., which
accordance with plan issued in
of the
New Orleans
The reorganization was in
October, 1898, and given in V. 87, p. 736.
see.
NEW ORLEANS
CITY RAILROAD.-m
1899
acquired the property of the old New Orleans Traction Co. sold at
foreclosure and reorganized in accordance with plan published In V.
67, p, 736. Of the constituent companies of the New Orleans Traction Co the Crescent City was sold at foreclosure and its property acquired free from all incumbrances, and the New Orleans City & Lake
taken over subject to the liens mentioned below.
Maturity.
interest. Outstand'g.
Date,
Stocks and Bonds—
..........
$5,000,000
Common stock
July
2,500.000
10, 2i2%
Pref. stock, 5 p. c. cum
July
3,000,000
1. 1943
4 5 g.
New gen. M., $3,250,000) 1898
for 5 y'rs and 5 p o. thereafter.
.
gold
i Int.at 4 p. c.
399,900 Dno. 1, 1903
6 J-D
New drlVcity RR..l8t M. 1879
New Orleans City & Lake) 1893 5gJ-J 2,599,500 Jan. 1, at1943
110
1st M. for $5,000,000 S S«6. <oca'< for s.f. on &aft.Julyl,'98
c* ) Int. payable by J.& W. Seligman & Co., N. Y.
gold, $500 &c
N. O. Trac. Power.-house ) j^gg^
143.000 June 1, 1917
g ^ j_d
1st M., g., 8. f., $7,500. 5
The new preferred stock is to elect a majority of directors until dividends thereon for five years have been paid, and to have a preference
as to assets and dividends. No lien is to be created without the assent
.
of a majority of the preferred stock.
The new general 4-5s have a first mortgage on the lines of the old
Crescent City RR., and a lien after the consol. 5s of 1893 on the lines
of the New Orleans City «& Lake. They also have an equal lien with
the consol. 5s on the equity in the power house. Of the issue, $250,-
000 are to be reserved
for
new
property, of which not exceeding
be used at present.
Dividends— Paid dividends of 2^2 per cent on preferred July, 1899.
$330,012
Latest Earnings— 7 months ) 1899..Gross, $805,164; net,
h898..Gro8S, 789,288; net, 305,834
Jan 1 to July 31.
Report for 1896-97 was in V. 66, p. 381. The position of the reorganized company appears from the following
Tear end.
Tear end.
Tear end.
$100,000 to
:
Nov. 30, 'h6.
geT.^^.^^°'".f::::-.:::::-.*''iit;7^7
JVo». 30,'97.
^'SMI
Plus power-house earnings
Total net without deduction of taxes
New fixed charges for interest and sinking fund for
first five years
Taxes, say
Balance, surplus on basis of last year's earnings
Of which for 5 p. c. on $2,500,000 pref. stock
Int. and sinking fund cliarge after five years will be...
Nov. 30, '98.
$1,311,365
509,394
39,150
$548,544
290.013
90.000
$108,531
125,000
320,013
STREET RAILWAYS.
Road— Operates 115 miles
build the proposed tunnel road (V. 68, p. 619), but in April, 1899 (V.
Officers— President,
68, p. 774), withdrew its proposal on account of adverse criticism.
New Electric Xuies.— The company in May, 1899, was using its underground electric system on Eighth Avenue line from 158th to Battery
Place over the entire Fourth Avenue line ; over the greater portion
H. Ford,
New
of track.
R. M. Walmsley; Secretary and Treasurer, A.
Orleans.— V. 68, p. 86, 187, 429, 525, 824, 926, 1226.
NE^V ORLEANS & CARROLLTON RR.Orqanization— In 1899 was consolidated with Canal & Claiborne.
Date, interest. OutstaniVg.
Last div., etc.
Stock & Bonds—
test Q- J
Cap.st.,$100,$l,200,0C0
Ist mortgage
1882
1882
1893
Do
do
2d mortgage, gold
6F- A
6F-A
$1,200,000
90,000
95,000
6F-A.
350,000
Julv,'9i»,H2%
1902
1906
Interest at Hibernia Nat. Bank, N. O.
Consol.M., $2,000,000) 1899
r$500 and $1 000)... 5
Canal & Claiborne RR. )
1st mortgage, subject > 1892
to call after 5 years. )
^
t9
5
J- J
5 lonfi
}
^g^^
800.000
(1)
Interest at ofBce of company.
6M-N
1912
133,000
May
599,000
*M^*^r°«800"U896 6g.M-N
ooS($5oo'& $1.000) i"t^^««^ ^* ^^^ o^i«^°" °""®consul
1946
1,
S
Notes for $250,000 issued in 1897 for floating debt and extensions.
Bonds— Of the $2,000,000 new consols authorized in 1899 $535,000
are reserved to take up a correspording amount of old Ist and 2d sixes.
Dividends In 1894 to 1893 inclusive, 6 per cent per annum; in
c; July, 1^ p. c.
EARNINQS—Calendar year 1898 (before consolidation), gross, $396,
313; net, $177,500. In 1897, gross, $382,106; net, $177,690.
Road— Operates 32 1^ miles of trolley track. Four miles additional
of single track being built.
Officers— President. J. K. Newman; becretary and Treas., W. V.
Crouch; Managers, Ford, Bacon & Davis.— V. 66, p. 520; V. 68, p. 429.
1899, Jan., 113
p.
c; Apr.,
l^p.
ORLEANS RAILROAI>-A trolley road.
Organization— Chartered July l, 1887.
Stock & Bonds—
Date, interest. Outstand'g. Last
Stock, $500,000, par $50
5*--
Bonds
6
M-N
$185,000
18,000
div. etc.
See text.
Apr. 30, 1912
1 yearly at par.
W. McMurdo.
ORLEANS & JEFFERSON RY.-To be a trolley road.
Organization- Chartered in 1898 to construct a road from New Orleans to West End and Lake City, La.
Stock & Bonds—
Date, interest. Outstand'g.
Maturity.
Stock. $250,000 (par, $50)
$100,(«00
1st M.„ $300,000, gold.)
1898 5g. M. S.
5,000 Feb. 1, 1923
($1,000 each) c*
i Int. at Co.'s oHice, 708 Union St., N.Orleans.
Sinking fund, payable yearly, is sufficient to take up bonds at maturity.
Road— To
be 10 miles of track on 8 miles of road. Contracts were
March, 1899, and work to cost $225,000. The City Trust
Safe Deposit & Guarantee Co. of Philadelphia has given a $25,000
bond to ensure construction of road.
Officers—Pres.. Thomas \V. Castleman; Sec, Chas. J. Zell; Vice-P.
and Eng'r, Robert R. Zell.
let in
CHARLES STREET-A
trolley road.
Organization- Organized in 1866. Franchise said to expire in 1906.
Stock & Bonds—
Date.
interest.
Outstand'g.
Maturity.
Capital stock, $50
text, Q- J
$1,000,000
See text.
lstM.$15,000pd.y'ly
1881
6 J -D
75,000 J'nel'97-1901
Interest paid by National Bank of Commerce, N. Y. City.
Stock increased from $600,000 to $1,000,000 In February, 1895.
Dividends in 1897.6 p. c; in 1898. Jan., li^ p. c; Apr., H3 p. c;
July,
July,
\H
p. c.; Oct.. 1^4 p. c.
l^fl
p. c.
Road—Operates 12
In 1899, Jan., II4 p. c; April, II4
A
in
c;
CITY,
N. Y.
1890 was 1,515,501 in 1880 was 1,206,299
and in 1870 was 942,292.
;
MANHATTAN RY — See Invkstors' Sopplement.
METROPOLITAN STREET RAIL^WAYCable, undercround
trolley, horse.
in 1893, and by consolidation, lease and
otherwise has acquired control of practically all the street railways
of Manhattan Island except the Manhattan Elevated and the Third
Avenue RR.— (see V. 65, p. 621.) An agreement with Third Ave. RR.
as to Kingsbridge road and Amsterdam Ave., etc., was reached in
November, 1897.- V. 65, p. 977. In August, 1899, franchise was
granted.- V. €9, p. 334.
The Metropolitan Street Ry. has absorbed by consolidation the
following companies, embracing the " lines owned."
Organization- Chartered
Houst. West
Is 1893& Pavonia Ferry.
St.
In August, 1899, began to run air-power cars exclusively over the
Twenty-eighth Street and Twenty-ninth Street lines and was expected
shortly to run them over the other cross- town lines.
As to the relative earning capacity of tliH horse, cable and underground electric lines of the system see President Vreeland's state-
ment in V. 67, p. 956.
The New York Gas <&
Electric Light,
Heat
& PowerCo.,
incorporated
In Nov., 1898, with capital of $25,000,000, will distribute to the public, together with its own current, the surplus current of the Metropolitan St. Ry.— V. 67, p. 1263. The Metropolitan St. Ry. is largely
interested in the International and American Air Power Co.— V. 68, p.
130.
Date,
interest. Outstanding.
Maturity.
Bonds—
Stock
Q-J $45,000,000 J'lyl5,'99,l%
Stock ($100), $45,000,000
600,000 Apr., 1920
1890 5 A.-O.
ri^^cot 1st
llffo*^^r^«l Crosst.
let M.
AT 5
Metropol.
^ j^^. ^^ ^_ ^ Security & Trust Co., N. Y. City.
&
1890
2d mortgage
May.
300,000
May, 1901
Lex. Av.& P. Ferry Ist M.,< 1893
5g M-S
5,000,000 Sep.1,1993
c*<S£r ( Interest at Nat. Union Bank, New York.
gold
1893
Columbus & 9th Ave. <
5g. M-8
3,000,000 Sep. 1, 19931st mort., gold, c&r. \ Trustee is Guaranty Trust Co., N. Y. City.
Metroiiolitan Street Ry.—
12,500,000 Feb. 1, 1997
Gen. coll. tr. M., $12,500,- ) 1897 5g. F-A
000 g. ($1000, &c.).c*<fcr \ Int. at Natl. Union Bank, N. Y.
Lessor Oonipanies
Broadway & 7th Ave. consol.1893 5g. J-D 7,650,000 Dec. 1, 1943
'83, &o., 5 p. c. 4,850,000
1904-1924
Do underlying bonds
" "
1893 6 J-J
1909
23d St. 1st
250,000 Jan.,
1886 5 J-J
1906
Do debentures
150.000 Jan.,
Bleecker8t.&FultonF.lstM.1876 7 J-J
700,000 Jan. 1, 1900
CentralPk. No.&E.R. lstM.1872 7 J-D
1,200,000 Dec,
1902
42dSt.&GrandSt. Fer. lstM.1894 6 J-J
236,000 Jan. 1, 1909
19095 M-N
1,600,000 Nov.,
2d Ave. 1 st mortgage
1909>'
5
J-J
300,000 Jan.,
2d Ave. debentures
1898 5g. F-A
2d Ave. Ist oonsoL mort
3,060,000 Feb. 1, 1948
Stock— As to increase of authorized capital stock in July, 1898, to
$45,000,000, see General Finances below.
Dividends—The dividends paid have been as follows, those prior to
1898 having been paid on the Metropolitan Traction Stock, which was
Increased in 1892, from $20,000,000 to $30,000,000, and in October,
1897, was exchanged dollar for dollar for stock of Street Railway Co. :
Year— ) 1891. 1892. 1893. 1894. 1895. 1896. 1897. 1898. 1899.
None.
Below.
Per cent. > 4
3
5
5
5
5
5
In October, 1897, a distribution of 20 per cent in debenture certificates (paid olf Oct. 15, 1898) was made to Traction stockholders. (V.
65, p. 620.) In Jan., 1899, 1% p. c. was paid; April, IS4 p. 0. July,
M
1%
p. c.
Bonds— The Lexington Avenue
Oolumc£ Pavonia Ferry js and
Ninth Avenue js were fully described in V. 60, p. 1146. Both
were guaranteed and later assumed by the Met. Street Ry. Co.
The general coll. trust mortgage of 1897 is secured by deposit of the
stocks (par value) of the Broadway & 7th Ave., $1,400,000; 42d Street
& Grand Street Ferry RR., $400,000; Central Park N. &. E. River RR.,
$300,000; 34th Street Crosstown Ry., $990,000; also all property of
H. W. St. & P. V. RR., Chambers St. & Grand St. Ferry RR., Broadway
Ry., So. Ferry RR., Met. Crosstown Ry., Lex. Ave. & Pav. Ferry RR.,
Columbus & 9th Ave., and Ft. Lee Ferry Extension; also leasehold
Interests, contracts, real estate (valued as below stated), etc. See application to N. Y. Stock Exchange in V. 65, p. 826.
Road— The system includes seven principal lines extending nractlcally the entire length of Manhattan Island, from the Harlem River
to or toward the Battery, with numerous branches and crosstown Unes.
Lines owned.
Miles.
Lines Leased, etc. — (Con.) Miles.
8-66
Gr. C'nt. St. toChamb's St. F'y.3-36 42d St. & Grand St. Ferry
28-00
Gr. St. F'y to Chamb'rs St. F'y.207 2d Avenue
Vesey & Church St. to So. Fer.0-61 Sixth Avenue
814
B'way ,15th St. to Bowl'gGr'n.2-51 Eighth Avenue
2000
bus
<£
.
McLellan; Sec. and Treas., N. Riviere.
NEW YORK
Population
p.
miles of track.
Officers— President,
;
V. 67, p. 530,736, 956.
—
< $1,000 subject to call May
Mort.. $300,000, gold, c
1895 6 J-J
300.000
1912
Second mortgage, gold, c
1897 6 J-J
100,000
1912
Dividends—June, 1894, H2 per cent; December, 1894, none.
Road— Operates 11 miles of track.
Officers— President, Emllien Perrin; Secretary and Treasurer, R-
ST.
Second Ave. line, and over the Sixth Ave. line via 59th Street
and Amsterdam Ave. The Broadway cable also was being prepared
for operation with the same motive system.— V. 66, p. 337, 520. 616
of the
In iHflt AsiJ isasMetropolitan '^'rosstown.
Chambers St. & Grand St. Kerry.
Lexington Ave. Si Pav. Kerry (Cable).
Broadway Railway.
Columbus & cth Ave. RR. (Cable).
South Ferry RR.
In addition the companies shown in the table of mileage as "leased
etc.," have been acquired from time to time by lease or stock ownership. The latest acquisitions are: In July, 1890, the New York &
Harlem RR.; in 1897 the Central Crosstown (including Christopher
and 10th Street) and Second Avenue. The miles of track operated
has thus been increased as follows: From 80 in 1893 to 131 in 1894,
to 140 in 1895, to 172 in 1896, to 230 in 1897.
Sapid Transit Road.— In March, 1S99, the Metropolitan Railway
syndicate made a proposition to the Rapid Transit Commission to
Gr.
St.
N.Y.&H.RR. City Line... 19-32
(Not included in Earns.)—
4-85
28th & 29th Sts
Fer. to 14th St. Fer.N. R.3-28
Lexington Avenue cable line. 6-19
Columbus & Ninth Ave. cal)le.3-26
Lenox Ave. undergr'd trolley. 1'81
1-95
Branches
Second track
2479
1'74
2-00
34th Street
Fulton Street
Central Crosstown
Christopher & 10th St
425
7-50
Total track owned
49 83
171-59
Lines Leased, etc.
Miles.
Total leased, etc
Broadway & 7th Av
16-44
Total owned and leased ..227-28
23-00
23d St. and leased line
1784 Cable
85-00
Ninth Avenue
1526 Underground electricity
Central Park N. & E. River. 25 59 Horses (.March. 1899), abt.. 119-28
Note, The Broadway Surface line (15th St. to Bowling Green, 2-51
miles) has been consolidated into the Metropolitan Street Ry., but the
conduit and cable therein is the property of the Broadway <& 7th Av.
RR. Co., which in consideration of right to use the tracks of the Broadway Surface assumed certain of its bonds.
Investments— (See official list in V. 65, p. 826.)— The following is
the par value of the principal stocks and bonds of suljsidiary street
railways, which in October, 1897, were the property of the company
Broadway & Tth Ave., stock. $I,40(!,'.'no 28th & -^Oth Sts. (all), stock.. tl,.iOO,nOO
1,000,000
.imi.odo
Cent. I'k. N. & K. Rlv., stork.
Ist mortRnec bim la
283,700
lOO.Oi'O
42d ,'<t. &Gr'd St. Ker., stock.
North & Kiist River
S4th St. Crossfn (all), stock.. 1.000,000 2(1 Ave, stock (unofficial) abt 1,2JO,000
—
:
I
I
Cent. Cross.. stk.CunolT.) over
400,000
Real Estate— Tlie real estate in New York City (see V. 65, p.
owned In fee, subject to the general mortgage & collateral
826)
trust
deed of 1897 (Including $2,450,000 subject to the prior Hen of the
Lexliiirton Avenue mortgage) was valued in Octol)or, 1897, iit $3,681.
969; owned by subsidiary coinp;inics, $8,389.7.50; total, $12,071,719.
General FiNA-vCES.-In July, 18!>7, $12,500,000 of general mortgage and collateral trust bonds were sold, Increasing the fixed charges
by $'325,000 per annum, to provide for cliani.'i'H in motive power, ero
:
.
STREET RAILWAYS.
60
The Second Avenue RR. was taken over under lease March 1, 1898,
being guaranteed.
dividends of 8 p. c. (after March 1, i901, 9 p.
In 1898, the Second Ave. Company made a mortgage for $7,000,000.
O
In Aug.. 1899, $15,000,000 additional stock veas authorized (making
$45,000,000). of which $10,000,000 was allotted to stockholders at
par in exchange for the $6,000,000 debenture certiflcates (which were
called October 15, 1898), and to provide $4,000,000 for change of
motive power; the remaining $5,000,000 was alloted to stockholders
at par August, 1 899. -V. 66, p. 337, 900, 1 237; V. 67, p. 178, 320; V.
69, p. 27.
Latest EARNINOS-For
Gross.
9 months-
0th. inc.
lnt.,taxes,etc. Bal.,surp.
$530,627
463,255
$3,212,322 $1,786,669
2,385,092 1,344,744
Net.
$4,468,364
3,266,581
1898-9.... $8,850,222
1897-8.... 7,024,654
Annual Report— Full statement
with balance sheet, in V. 67,
p. 577,
30, 1898,
showing:
1H97.
$8,»^8S,803
4,'J78,.'>68
interest
647,297
515,80a
Rentals
Total net inc..»o,-?85,366
»4,594,371
Gross earnings
Net earnings
Other income
June
for year ending
1898.
$9,n.t8,505
4,638,069
lSfl7.
18fc8.
Taxes
$51»,449
470,00C
$562,856
590,488
2,296,461
2,171,801
Bal. for div'ds.$l,815.558
* 1,439,121
Dividend of 5 per cent in 1898 on $30,000,000 called for $1,500,000.
Also in 18P6-97 interest ($98,692) on investments was paid into the
treasury of the Traction Company, but the investments are now owned
by the Street Railway Co.
The following shows the growth
ALL LINES CONTROLLED.
of the company's system;
LINES INCLUDED IN EARNS.— (Conc'l.)
Miles. Pay'a Pass. Transftrs.
Yen>
Miles. Pay'g Pass. Transfers.
227301,^06 107,77J.012 189:--96.... 172 145,965,2.^1 28,450,996
Year.
1897-98
.
230
1696-97...
72,259.889
211,614,558
LINES INCLUDED IN EARNINO.S.
1897-98
90.380,411
56,929.611
198,770,109
1896-97.... ISO 177,338,677
l-<94-P5.
...
1893-94
189i-93
1891-92..
.
140
131
80
61
I
Se.*
(0 CENTRAL PARK NORTH & EAST
Hi9,686,472
107,036,594
63,011,785
45,239,670
9,671,697
5,306.645
3,2(13.832
2,645,8U0
Officers— President. H. H. Vreeland; Vice-President D. B. Hasbrouck; Secretary, C. E. Warren; Treasurer, H. 8. Beattie; Purchasing
Agent, A. C. TuUy. Office, 621 Broadway, N. Y. Directors— P. A. B
Widener, W. L. Elkins, Thos. Dolan, Thos. F. Ryan, Herbert H. Vreeland, D. B. Hasbrouck, Chas. E. Warren, Henry A. Robinson and H. P.
Whitney.—V. 67, p. 126, 178, 320, 530, 6T7, 690, 736, 901, 956, 1110.
1207,1263. V. 68, p. UO, 380, 429, 430, 619, 774, 928, 1077, 1182;
V. 69, p. 27, 180, 283, 334.
Companies controlled by metropolitan Street Ry.
BLEECKER STREET & FULTON FERRY RR.— A
Organization- Chartered Dec.
12, 1864.
Istmortgage
1,200,000 Dec, 1902
1,000 7 J.— D.
Coupons payable at Bank of New Amsterdam, New York City.
Miles.
Lines Leased.
Miles.
Road— Lines Owned.
54th
St.
& Bonds—
Stock
Stock
let
mortgage
Ry. Co.
Ry., rental 7 per
Outstanding.
interest.
100
II2J.-J.
7
1,000
Road.— 23d St.,
Union Square, 1%
(2)
Par.
$900,000
700,000
J.-J.
st.
Maturity,
etc.
See text
1900
Jan.. 1,
and cable road.
Organization— Chartered May
for unexpired term
to Houston West St.
Leased May 13, 1890,
26, 1864.
of charter and for any extensions of the same
& Pavonia
Ferry, now Metropolitan St. Ry. Co.
Rental interest on bonds and 10 per cent on $2,100,000 stock, of
which Metropolitan Street Ry. Co. Sept. 30, 1897. owned $1,406,200.
Stock
&
Bonds—
Par.
Outstanding.
Maturity.
$2,100,000 See text
Is Mortgage of 1883
1,000
5 J. - D.
1,-500,000 June,
1901
2d Mortgage of 1884.... 1,000
5 J. - J.
500,000 July,
1914
B'way Surface 1st guar.. 1,000
5 J. - J.
1,500,000 July,
1924
do 2d M. int. as rent.. 1,000
5 J.
J.
1905
1,000,000 July,
80. Ferry 1 St guar
1,000
5 A. - O.
3.50,000 Apr. 1, 1919
By.& 7th Av. Con. M.of ) 1,000 5 g. J.-D.
7,650,000 Dec. 1, 1943
'93 for $12,500,000. S Interest at Guaranty Trust Co. of New York.
Stock
interest.
100
10
Q.—
.
Of the consol. mart, of 1893, for $12,500,000, $4,850,000 is reserved
to retire at maturity the other bonds in the table. The outstanding
consols paid for laying the Broadway cable. The consols are guaran
teed, principal and interest, under the terms of the mortgage by the
Metropolitan Street Railway Co., which now owns the Broadway line
south of 15th Street. They cover the road owned in fee, also the right
to use the tracks on Broadway from 15th Street to the Battery they
are also a direct lien on the cable, etc. Trustee, Guaranty Trust Co.
The Broadway & 7th Avenue assumed the Broadtoay Surface
let mortgage bonds for $1,125,000 and payment of interest on the second mortgage bonds for $1,000,000, for use of tracks between 15th
Street and ferry. South, Ferry 5s. assumed under lease.
;
Road— Owns
59th
St. &:
in fee.
Miles.
7th Av. to Barclay
4-22
St. and Broadway
51st St. and 7th Ave. to Park
4-00
Place and Broadway
8-22
Becond track
Index— V.
(.'i)
58, p. 733-
Operates under contract.
Miles.
15th St. down B'way to Bowling Green (B'dway Surface) 2'51
Vesey St. to South Ferry
061
Second track
3-12
Total track operated
OfHce 761 Seventh Ave.
22*68
CENTRAL CROSSTOWN RR.— A horse road.
Organization- Chartered March 28, 1873. May 28, 1890, leased
the Christopher & Tenth St. RR. at 8 p. c. on stock and Interest on debt.
In May, 1897, control was obtained in the interest of the Metropolitan St. Ry., which in October, 1897, was said to own over $400,000 c f
the stock.— V. 64, p. 1001, 1042.
Stock
&
26
Total operated.
In July, 189'', extension was proposed from 59th Street to the
Boulevard and along the Boulevard to Columbus Aveiiue.
CHRISTOPHER & TENTH STREETS RR.—A horse road.
(5)
Organization—Chartered April 25, 1873. Leased to Central Cross
town May 1, 1890, at 8 per cent on stock and interest on bonds.
Outstand'g. Maturity.
interest.
Par.
Stock & Bonds
Stock
100
Q. -J.
$650,000 See text
8
IstM. ext. inl898
180.000 Oct. 1, 1918
4 A. -O.
1,000
RealestateM
M.-N.
30,000
Tlie $180,000 Ists were extended 20 yrs. from Oct. 1, 1898. V. 67, p.
370.
Christopher St. Ferry to 10th
3%
Secondtrack
Ferry,East River
214
Chrl8.St.Fer.tol4thSt.&4thav.li4
St.
Total
i
—V.
owned
7ifl
67, p. 370.
EIGHTH AVENUE RR.— Underground trolley road.
(6)
Organization Chartered Jan. 10,1858. Road is leased to Metropolitan Street Ry. for 99 years from Jan. 1, 1896, at rental of $215,000
per annum, which provides for interest on the scrip, 15 per cent dividends on stock and $5,000 additional. V. 62, p. 40. Underground
electric traction system used between 158th and Battery Place.— V.
67, p. 178, 956.
&
Maturity.
Outstand'g
See text.
$1,000,000
Scrip
Feb., 1914
6F. <feA.
1,000,000
10
Jlfi/cs.
Second track
Ro^O— On Sth Ave.
Vesey St. to Harlem River
60 lbs.
10 Weight of rail
Index-V. 59, p. 780; V. 61, p. 364, 871, 925, 967; V. 62, p. 40.
Stock
Bonds.— Par.
interest.
100
100
Quar.
FORT GKORGE & ELEVENTH AV. RR.—To be an underground
(7)
Organization— Incorporated in Nov., 1898, in the interest of the
Met. St. Ry. to build a line 1,500 feet long on Eleventh Ave., between
Kin?sbridge road and l"5th St. and another of 13 miles from Manhattan Ave. and 116th St. to northerly limits of New York City at
Kingsbridge road, with numerous branches. Stock authorized, $3,0,000. V. 67, p. 1109.
FORTY-SECOND
(8)
ST.
& GRAND
ST.
FERRY—A
horse railroad
Organization— Chartered February 16, 1863. Leased to Metropolitan Street Railway Co. from May 13, 1893, for duration of charter and
renewals thereof at 18 per cent on stock, payable in lawful money.
Met. St. Ry. in Oct., 1897, owned $400,000 of the stock.
interest.
Outstanding.
Maturity.
Stock Bonds— Pa?*.
Stock
100
18 Q.— F.
$748,000
See text.
extended.... 1,000
Ist
Jan. 1,190 9
6 J.-J.
236,000
Road— Company owns 42dSt., North River to Grand St. Ferry, East
River, 4'33 miles; second track, 4'33; total owned, 8"66.
&
M
(9)
FULTON STREET RAILROAD—A horse road.
Organization.— Stock
Stock
&
Bonds—
all
controlled by the Metropolitan St. Ry.
Date,
interest.
Outstanding.
Maturity.
Stock, $500,000
l8tM.,g.,($l,000),guar.
$500,000
(
1895 4g. M-N
500,000 Nov. 1,1995
p. and i. Met. St.Ry.c* ( Trustee, Guaranty Trust Co. of New York.
Earnings— For year ending June 30, 1898, gross, $59,492; net,
$27,341.
Road—The road constructed consists of 2 miles of track extending
from Fulton Ferry along Fulton Street to West Street to Cortlandt
Street Ferry and to Barclay Street Ferry. INDEX.— V. 62, p. 277.
(10)
NEW YORK & HARLEM RR.—Underground electric railroad.
Organization— Chartered April 23, 1831. Owns also a steam road
leased to N. Y. Central (see RRs.), its securities, which cover the electric
roads as well as the steam line, being described under the title New
York & Harlem among steam railroads in the Investors' Supplement.
In July, 1899, the Metropolitan Street Railway Co. bought from the
New York & Harlem the car-stable properties at Thirty-second Street
and Fourth Avenue and at 86th St. and Madison Ave.—V. 69, p. 180.
The electric (formerly horse) lines (19-32 miles of track) were leased
to the Metropolitan Street Ry. for 999 years from July 1, 1896, for a
rental of .$350,000 per annum the first five years and $400,000 per
annum thereafter.— V. 62, p. 1088. Line operated electrically from
March, 1898, from City Hall to 135th Street, and to be extended two
blocks to Post Office.
Road— (Street Ry. only). Miles.
Second track
& Madison Ave. line. Post
8-63
Office to Mott Haven
Total track
103
Branches
\
4th
|
I
Bonds.—
Par.
8ifi p.
interest. Outstand'g.
Q. - J. $600,000
M. - N.
250,000
100 7
1,000 6
fiscal year 1893-4 paid 7 p.
c; in 1896-7, 10 in 1897-8, 10.
Istmortgage
Dividends.— In
Road— Oicjicd in
Maturity.
See text
Nov., 192
c; in 1894-5, 7 p. c;
.
;
Miles.
fee.
23d St. and East River
boken Ferry
Second track
Sidings
lbs.
to
Miles.
9*66
1
Stock ($600,000/
1895-6,
fli^
60
trolley road.
N. R., to Fulton Ferry, 4.^ miles; 23d St., N. R., to
miles; second track, 6^4 miles. Total line, 12^ miles.
BROADWAY & SEVENTH AVENUE-A horse
Q^
. .
3J«
3i«
Various portions of road
Second track
10th Ave. East
|
Leased to 23d
m
&
and West to South Ferry
Secondtrack
Weight of rail per yard
I
horse road.
Jan. 10, 1876 for 99 years lease assigned to Met. St.
cent on $700,000 bonds and
per cent per annum on stock.
;
road.
at 8 per cent on stock till Oct. 1, 1897, thereafter 9 per cent (V. 55, p.
894). Metropolitan St. Ry. owned in Oct., 1897, $300,000 of the stock.
Par. interest. Outstanding. Maturity.
Stock
Bonds—
Stock. (See rental below.).. 100 text Q.—J. 1,800,000
See text
Stock
(1)
RIVER. -Horse
19. i860. Lease— Leased to Metropolitan Ry. Co. Oct. 14, 1892, for length of charter and renewals thereof
Organization— Chartered July
&
mouths ending March 31
9
Annual Report— For years ending June 30. (See V. 67, p. 951):
rr.to.rime30.
1899.
1899.
1898.
1898.
Gross earnings. $603,307$576,995
'"^''*
$113,673 $109,866
\
Net
179,407 184,529
Other income...
81,023
4,739
70,473
6,360 Surplus.!'."'
Ho2
Operated under lease.
Christopher & 10th St. RR
Second track
2
H
Total track
Miles.
3?^
3^
n^
Officers— President, Cornelius Vanderbilt.—V.
(11)
NINTH AVENUE RAILROAD—A horse
19-32
62, p. 1088.
railroad.
29, 1859. The road is leased to the
Metropolitan Street Railway Co. for 99 years from April 20, 1892
Rental— For first 5 years $48,000, which Is eaual to 6 per cent on
capital stock ($800,000), and thereafter $64,000—8 per cent on same.
Stock, $800,000; par $100; dividends, Q.— J. Road— Fulton Street to
Organization— Chartered July
125th Street, 8 miles; second track, 7-26 miles.
Number of cars,
98.
STREET RAILWAYS.
(12) SECOND AVENUE RR.—Mostly underground electric.
Organization. —Chartered Jan. 1, 1853. Leased for length of charter to the Metropolitan Street Ry. at 8 p. c. on the stock for three years
from March 1, 1898, and 9 p. c. thereafter.— V. 08, p. 185. Changed
to underground electric system in April, 1898, as far as Stuyvesant
Square, cars running thence over 4th Avenue line to City Hall.
•
Securities.
Stock
—
interest.
Outsland'g. Dividend,<tc.
8 Q.— M.
N.
5 M.
$1,862,000
See text.
1,600,000 Nov., 1909
300,000 Jan., 1909
60,000
3,020,000 Feb.1,1918
Par.
100
mortgage
Debentures
Mort. on real estate
Ist
&
1,000
1,000
5 J.
5
&
&A
l8t con.M.,g.,$7.000,000
)
1,000
1897,guar.,p.^fcl.end.c*
]
Guaranty Trust
g. F.
J.
Co., Trustee.
Of new 1st consol. 5s, $1,960,000 are reserved to retire securities of
earlier date, balance for improvements, equip., etc. V. 66, p. 900.
Road—
Miles.
(13)
1
28
60 lbs.
65, p. 276; V. 66, p. 616, 900.
SIXTH AVENUE RAILROAD— Underground
trolley.
to Metropolitan Street Ry. Co. Feb. 1, 1892,
lor 800 years. Rental now $145,000 per annum. (V. 61, p. 925.)
Stock, $2,000,000; par, $100. Road owned— 6th Avenue, 59th Street to
Canal Street, 3 '44 miles; second track, 3 -44 miles; sidings, -75 mile.
Owned jointly with Eighth Avenue Co., Canal and Varick streets to
Broadway and Vesey Street, 1-26 mUes. Total track (raU 60 lbs.), 8-14
miles.
In Feb., 1899, began operating underground trolley all the
to Battery Place.
(14)
See V. 67,
p. 178,
736, 956.
THIRTY-FOURTH STREET OROSSTOWN RY.—A horse road.
The air motor system to be used.—V, 68, p. 130.
Organization— Chartered March 18, 1896, being a consolidation of
the Thirty-Fourth Street RR. Co. and the Thirty-fourth Street Ferry
& Eleventh Avenue RR. Co. The stock of the Thirty-fourth Street
Crosstown Ry. Co. is all owned by the Metropolitan Traction Co.
Date,
interest. Outstanding.
Maturity.
Srcc K and Bonds—
Stock
$1,000,000
Ist M. ($1,000), guar. 5
1896
5 A-0
1,000,000
Apl. 1,1996.
Trustee, Central Irust Co., N. Y.
p. and i. Met. St. Ry.. \
Road—The road constructed consists of 1-74 miles of track owned
extending from foot of East 34th Street to foot West 34th Street, with
trackage to 42d Street Ferry, etc.— V. 60, p. 83; V. 62, p. 549.
(15) TWENTY-EIGHTH AND TWENTY-NINTH STREETS CROSS
TOWN RAILROAD— Uses air motor system.
Organization- The Metropolitan Traction purchased the property
In September, 1896, owning in Oct., 1897, all the stock and $1,000,000
ot the bonds. In Dec, 1893, the new air compressor and power house
were practically completed, and in August, 1899, began using airmotor system exclusively.— V. 69, p. 283.
Date, interest. Outstanding.
Maturity.
Stock & Bonds—
Stock, $1,500,000 ($100)
IstM., $1,500.000($1,000)> 1896
$1,500,000
1,500,000 Oct. 1, 1996
gu.pJtlend.,M. St. Ry.g.c* \ Trustee, Central Trust, New York.
Road— Main track and branches, 2 84 miles total, including sidings,
etc., 5-68 miles.— V. 63, p. 602, 661, 839.
Earnings— For year ending June 30, 1898, gross, $115,894; net,
$57,995.
5g.
A-O
;
(16) TWENTY-THIRD STREET RAILWAY— Began to run some airpower cars the latter part of April, 1899.—V. 68, p. 130, 928.
Organization—Chartered Jan. 29,1872. Leased to the Metropolitan
Street Railway Co. for the unexpired term of the charter and for any
extensions of the same. Rental is 18 per cent per annum on stock.
interest.
Outstand'g.
Maturity.
Stock
Bonds-— Par.
Stock
100 18
Q.-F.
$600,000
See text.
&
l8tM.,$250,000,ext.
in
1893
.J)ebenture8
) I
->
rtfir,
'^l.OW
1,000
Road— Lines owned.
b
6
5
Mites.
Road — Owned.
Controlled but oper. sepa-
Miles.
City Hall vla3dav.tol30thst.
North River to 125th .St., E.R.
10th Av., 125th to 186th sts..
Sjjcoid track
SM
y
t
J.-J.
J.-J.
250,000
150,000
Lines leased.
Jan.
Jan.,
1,
1909.
1906
Miles
23d St. North to East River... 1-58 Bleecker St.& Fulton Ferry RR.
0-20
Branch to 34th St. Ferry
23d St. to Fulton Ferry, etc. 14 ig
1-92
Second track
47 lbs.
17-84
Weight of rails
Total track operated
THIRD AVENUE RAILROAD-A cable railroad.
Oct. 8, 1853. A cable road since Deo. 5,
1893. In Nov., 1895, purchased control of the 42d Street ManhattanvlUe (fc St. Nicholas Ave. line. See V. 61, p. 872, 926. Control of Dry
DockE.B. &B. was obtained Aug. 23, 1897. (V. 65, p. 194). In JanuN. Y., was purary, 1898, a m^ority of the stock of Union Ry
Organization.- Chartered
,
In Sept., 1898, Union Ry purchased Yonkers
p. 135.
RR. V. 67, p. 635. In April, 1899, the Tarrytown White Plains*
Mamaroueck Ry. was acquired by the Union Railway.— V. 68, p. 674.
Id Dec, 1898, the contract for the electrical equipment of the lines
was let, involving the expenditure of about $5,000,000, and work on
teconstnictiou of the road had egun.— V. 67, p. 1264.
A traffic agreement, which went Into effect April 29, 1899, has been
entered into between the Manhattan Elevated and the Third Avenue
Railroad system [comprising the Third Avenue Kit., the Dry Dock
Ea.st Broadway
Battery, the 42d St., Manhattanville & St. Nicholan
Avenue RR. and the Union Railway line.'i], providing for an extensive
scheme of transfers at cross-town Junctions, and also at the terminal
points of the two systems. The transfers are granted for an additional
fare of 3 cents, making the cost of the entire journey 8 cents. For the
latter sum a passenger can thus ride from tlie City Hall and South
Ferry to Yonkers, Now Rochelle and Mt. Vernon.— V. 68, p. 672, 872.
interest.
Outsldndlng. Last div., die.
Stock & Bonds. Par.
chased.— V. 66,
1
<fe
Stock (see text)
100
(^.— F.
$12,000,000 Aug.31, '99,1 s«j
Ist mortage, gold. 1,000
5 g. J. & J.
5,000,000 July 1,1937
There are other mortgages outstanding for $106,000.
Loans and bills payable June 30, 1899, were $13,385,122.
Miles.
ratehf.
Doc'k E. B. &Bat. Ry.. 10-4
42d 8t Man.& St. Nlch. Ave. 12-45
Dry
2»^
3^4
Union Ry
Yonkers RR
Tarrytown White Plains
14
Mamaroneck
1313
Organization— Leased
way
October, 1898, $2,000,000 new stock was Issued, making
$12,000,000 stock out.standing. The proceeds "were to be
used for the purpose of providing funds to cliange the cable system to
the underground electrical system upon the Third Avenue, 125th
Street and Tenth Avenue lines." This new stock was offered to stockholders at par. In July stockholders voted to increase stock from
$12,000,000 to $40,000,000. The stock is to be issued as required to
pay for improvements and to extinguish the floating debt, which on
June 30, 1899, amounted to 13 13 million dollars.—V. 69, p. 29, 182.
Stock— In
total
Miles,
2d Av., Harlem Riv. toPeckSlip.8
Second track
Branch to 92d St. Ferry
Sidings
2
Branch to 59th St. and Ist Av..3^ lotal track owned
Weight of raUs, per yard
Index— V.
61
1620
10-00
&
20-00
Dividends— In 1892, 7 p. c; in 1893, 4 p. c; in 1894, 8 p. c; In 1895,
9 p. c; in 1896, 9^ p. c; In 1897, 8I4 p. 0.; in 1898, Feb., 2 p. c; May,
2 p. c; Aug., 2 p. o.;'.Nov.,13ip.c.; in 1899, Feb., 1% p. c; May, l^ip.c;
Aug., 1% p. c.
Latest Earnings— Twelve months
12 mos.—
1898 9
1397-8
.
..
Gross.
Net.
$2,140,213
2,506,859
$888,330
to June 30
Int.,tax.,dc.
0th. inc.
$420,404
68,311
1,087,652
report In V. 67, p.
1898.
1897.
$2,570,842
$2,359,799
1,126,194
1,079,334
42,316
47,368
1896.
$2,610,161
1,202,744
66,953
$1,121,650
369,578
(8%) 800,000
$1,173,562
372,280
850,000
$1,269,697
367,463
890,000
def.$47,928
def.$48,724
8ur.$12,234
Annual Report.— Annual
Tears ending Oct. 31—
Gross earnings
Netearnlngs
Otherincome
Total income
Taxes and interest
Dividends
Balance
BALANCE SHEET JUNE
1899.
Cost of road and
equipment
Permcnanent
vestments
1898.
(
$
17,012,947
Loans....
8,980,264
Bonds and morts.
Int.dueandacc'd
17'9V541
Accounts payable
324,051
Profit
Total
1899.
$
12,000,000
6,000,000
13,3S5,122
Funded debt
16,905,475
OperatiUKacc'ts.. 2,187,093
Cash
30.
Liabilities—
Caoital stock
in-
11,194,950
30,749,04 1
Ral.,sur.
$942,362
789,117
1053, showed:
$366,372
366,846
.30.749,041
25.065,280
91,000
125,000
& loss, sur..
Total
25.065,280
147.919
10,000,000
5.000,000
9,693,348
100,000
1^5,000
104,482
36,460
Officers.— President, a. J. Ellas. Office, 65th Street and Third Ave.
Index—V. 67, p. 899, 1053, mo, 1209, 1264,1309, 1358; V,68, p.
430, 525, 672, 674, 772, 872, 926, 1026; V. 69,
383, 386.
(1)
p. 29,
133, 182, 334,
DRY DOCK EAST BROADWAY & BATTERY— Horse road.
Organization— Control obtained by Third Ave. RR. Aug. 23, 1897.
V. 65, p. 194. Underground trolley is proposed in place of horses.
Maturity.
Par.
interest.
Outstand'g.
Stock & Bonds—
Q.— F. $1,200,000
See text.
100 6
Stock
New mort., gold, 1892.-1,000 5
Cert.ofdebtnotsub.too. 100 5
Road— (60-lb.
Deo. 1,1932
Feb.
1914
950,000
1,100,000
- D.
F. - A.
g. J.
Miles.
4-3
Miles.
raUs).
10-4
Main
line
Second track.
Sidings
Total owned
20-2
5-7
1891-92'
June
30:
for
fiscal
year
ending
Since
1891,
Dividends—
5 per cent; 1892-93, 6 per cent; 1893-94, 2^2 per cent; 1894-95, 413
in
in 1896, 6 p. c.
Nov., II2 p. c
1895, August, II2 p. c
per cent
p. c; in 1898, Feb., l^ p. c; May, 1^ p. c; Aug., II3
1897, Feb.,
P.O.; Nov., liflp. c; in 1899, May, (Feb. div. was passed), l^a p. c;
Aug., II3 p. c— See V. 64, p. 843.
Annual Report—Fiscal year ends June 30. Results for 1898-9
;
m
are as follows:
Tr.end.J'neSO. 1899.
;
;
;
Taxes,
etc..
Interest
I
FORTY-SECOND
ST.
$131,798
$130,873
Dividends..
Net income.. $168, 115 $207,392 Bal.for year.su.
INDEX-V. 64, p. 843, 1041; V. 65, p. 194. 568; V.
(2)
1893.
1899.
1898.
Gross earns... $630,599 $669,713
166,392 201,638
Net
1,723
5,754
Otherincome..
(6)72,000
$3,594
67, p.
MANHATTANVILLE &
ST.
952.
NICHOLAS
AVE. RY.— A horse road.
Organization— Chartered Aug. 29, 1878 In November, 1895, control
was purchased by the Third Avenue RR. »ee V. 61, p. 926. Motive
power is being changed to underground electric system.
Outstand'g
interest.
Stock & Bonds.— Pcf-
8t'k(aut'd $7,500,000) 100
,
5 1,000
„»„„„„
Ist mortgage
6M-S
.
$2,500,000
1,200,000
Maturity.
Mch., 1910
interest at Union Trusit, N. Y. City.
Jan.,
1,500.000
6s.... 1,000 6% as earned.
^
1915
2d mort. income
100,000
5%
Real estate mortgage
65,000
Billspayable June 30, 1897
In July voted to increase stock from $2,500,000 to $7,500,000.— V.
69, p. 182.
Road—
hat. St
Miles.
Miles.
St. No. River to E. River.
59th St. via 10th Ave. to Man-
42d
Other mileage
Branches
Second track
1-97
329
2-76
'41
12-45
42d St. via 7th Ave., etc.. to
2490
Total owned
Boulevard, etc
402
Annual Report- in 1898 9 gross was $571,C40, and there was a
deficit of $9,184 below oper. expenses.
1897.
1898.
Yr.end.June30. 1898.
1897.
$72,000
Gross earnings. $703,975 $720,063 Irt. on bonds.. $72,000
Net
7o,355 115,9()6 Other Int. and
5,000
mlscellan'ous 5,000
833
4.433
Otherincome...
Taxes
36,000
36,000 Bal. for year, df.36,812 aur.7,400
I
1
1
|
Index— V.
(3)
63, p. 838; v. G4, p. 330.
UNION RAILWAY OF NEW YORK- A
trolley road.
Organization— Operates from 129th St. and 3d Ave through
the Borough of the Bronx, and with subsidiary linos, continuing thence
and through Mt. Vernon. Extensions projected from New Rochelle,
through Larchmont, Mamaroneck, Harrison, Rye and Portchester to
the Connecticut line.
to
:
STREET RAILWAYS.
62
Third Avenue RR.
Control.— Controlled by Third Ave.
in
Sinking fund is provided for redemption of $5,000 bonds yearly until
second mortgage is wiped out and then of first mortgage.
Road Operates IS^a miles of track, connecting the city of Newark
with Granville. EARNINGS— For year ending April 7. 1898. gross, $26,210; net, def., $1,123; no interest paid. President, W. E. Miller; Secretary^ C. W. Miller; Treas., John Schlagel.— V. 64. p. 755; V. 68, p.
R.R.,
In Jan., 1898, purchased a majority of the stock.— V. 66, p. 135.
and will guarSept., 1898, the Union Ry. purchased Youkers
which
—
RR
In
antee its $1,000,000 bonds, this guaranty being accepted by the Third
Ave. V. 67, p. 635.
In April, 1899, arranged to extend its 161st Street line to the terminus of the Manhattan Elevated at 155th Street and Eighth Avenue,
and also an extension to connect with the Fort George line on Tenth
Avenue, this being a feature of the system of transfers inaugurated
between the Third Avenue RR. and the Elevated.
Outsiand'g. Last div., <£c.
Par.
interest.
Stock
Bonds.—
$2,000,000
100
Stock
2,000,000 Aug. 1, 1942
51.000 5g. F.-A.
<r„iH
l«f,«nrt
mort isoo
l8t
1892, gold.
^ j^j jg payable at Central Trust Co., N. Y. City.
Quaranteed Loans
1943
500.000
Westch. 1st M.,gu.,p..fe1.. 1,000 5g. J.-J.
July 1, 1945
250,000
Bo.Boule. RR.lst.gold
5g. J. -J.
Apr. 1.1946
600.000
^a.-o.
,
1226.
NEV/BURG,
&
,
;
NEV/BURO ELECTRIC
—
Road—
Organization— Successor
Ry., and on July
den
Miles.
Miles.
Mainline (single track)
Branches (single track)
Second track
Under agreement
Total of
all
5"36
19 02
23-88
5'98
owned
track
700
1000
Yonkers RR
Weight ol rail per yard 70 to 90 lbs.
Plains Ry.
On
(ELEC-
New York ElmsfordA White
was acquired by the Union Ry.
to the
April 18, 1899, control
-V. 68, p. 674.
Road extends from Tarry town station on the N. Y. C. & H. R. RR., to
Mamaroneck, on the Sound, and from White Plains Station on the Harlem Road to Silver Lake Park, a total of about 20 miles. The company
will carry freight as well as passengers. Extensions from Mamaroneck
to New Rochelle, 4 miles, and from White Plains to Mt. Vernon. 12
miles, are projected.— V. 67, p. 75.
Dale.
interest. Outstanding. Maturity.
Stock
Bonds Stock ($300,000), par $25
$300,000
1ft mortgage $:i 00.000, ) 1988
5g
300.000 Mar.1.1928
gold ($1 .000 each)
Knickerbocker Trust Co. . N. Y. , trustee.
5
—V. 67, p. 75. 435; V. 68. p. 674.
Date,
•
&i
Ontst'd'ng
1894 6g. M-N
May 1, 1944
<Int. at Knick. Tr. Co., Trustee, N.Y. City.
1895 6g. J-D
100,000 June 1,1945
g. 5
^ June, 189;*, interest not paid when due.
oflmnrt
-:amort. linnVls
oonas
J
^'^
5
^ j^^.
^^^
t^;
nr>A
75,000
T.,i,ri ioaa
July
1, 1944
Co., Trustee, N. Y. City.
75,000
Hamilton Trust, B'klyn, Trustee.
Debenture bonds
10,000
40,000
Certs, of indebtedness
Road— Owns
Maturity,
16-21
miles
track
of
(including
Walden & Orange
Lake 5-29 miles and Newburg & O. L. 5-40 miles).
Yearly Earnings— For the years ending June 30:
Gross.
Ifel.
0th. Inc.
Int.,tax, <£c
1898-9
$36,>-74
$632
$86,334
1897-8
83,255
34,041
622
1896-7
83,173
33,468
497
President, A. J. Pouch, Newburg, N. Y.
V. 66, p. 1090 V. 67, p. 1056.
—
$36,610
36,599
32,718
Bal.,sur-
$896
def.1,936
1,248
;
NE^VBURYPORT, MASS.
Population in 1895 was 14,552; in 1890 was 13,947;
IN 1880 WAS 13,538; and in 1870 was 12,595.
NEWBURYPORT
&
AMESBURY RAIL-
Road was sold at foreclosure March 28, 1899, for $190,000, and
application made in April for the incorporation of the Citizens' Electric Street Railway with a capital of $190,000. In May, 1899. the new
(;0mpany assumed control. Old securities were:
Date, interest.
Oulstand'g.
Maturity,
Old Securities—
Capital stock ($100)
$80,000
1st mortgage, gold
5 g.
Mar. 1, 1912
S
350,000
Debentures
1897
5 p. c.
8,000
Apr. 1, 1907
M
Road and Bronx Park. The Westchester & Connecticut has a route
from Lafayette Avenue through Bartow to the city line, and from
Bronx Park along the Boston Road to the same boundary.
In July, 189-*, purchased the North Mount Vernon Ry., built in 1896,
m
extending over Chester Hill from North Third Avenue,
miles,
at once to convert it into a trolley road and endeavor to
secure additional franchises in Mount Verron and extend the Chester
Hill line to White Plains and Bronxville. Franchises obtained for the
proposed extension were revoked by the Mt. Vernon authorities in
Jan., 1899, but the company on Jan. 28, 1899. filed a certificate of its
and proposed
Street
Orange Lake and Wal-
$150,000
250,000
ROAD.—A trolley road.
in February, 1898, of the People'?
Traction and N. Y. Westchester & Connecticut Traction. About 68
miles of road are projected.
Under its franchise the old People's
Company connects with Manhattan Island by proposed bridges over
the Harlem. It parallels the Harlem between 134th and 172d streets,
and its lines touch the Bronx River at Lafayette Avenue. West Farms
interest.
!'.
M&S
Organization—A consolidation
&
Newb. & Orange Lake 1st) -iqqa «rr
t t
1894 bg. J-J
M e 'fi'SnO int nnlvC I'l*Knick.
Tr.
^*
....'..
^ar.
c^ \
&
PEOPLE'S TRACTION CO.— To be a trolley road.
Newburg
trolley road.
Newburg
Lake railroads.
&
guar. p.
RY. CO.-A
in February, 1894, to the
1897, absorbed
Not subject to call
Walden & O. L. 1st Mort.
54-24
TARRYTOWN WHITE PLAINS & MAMARONECK
2,
BonD'^
Stock $150,000, par $100
1st M. ($250,000) g.,($500)
Annual Report— For year ending June 30, 1899, was as follows:
1899
1898
Tr.end.J'tie 30. 1899.
1898.
Gross earnings. $671, 244 $612,831 Total net inc.. $225,176 $224,867
Net
224,609 224,199 Int., taxes, etc. 154,335 144,709
80,158
Other income...
668 Balance, surp.. 70,841
567
Index— V. 66. p. 135.343, 1142; V. 67, p. 635.905, 951, 1209.
TRIC) RY.— A trolley road.
Organization- Successor in 1898
& Orange
Stock
21-04
Westchester Electric
Southern Boulevard
Y.
N.
Population 1890 was 23,263 in 1880 was 18,049
and in 1870 was 17,014.
'''liSoUo;'96!g^::|
(3)
;
intention to construct the lines. In April, 1 899. the Mount Vernon
Board of Aldermen granted a fifty-year franchise.
Stock— The combined stock of the old companies was $2,100,000.
Officers— President, W. A. Boland; Vice-President, Silas B.
Dutcher Secretary and Treasurer, Frederick C. Cocheu. Among the
new directors are P. H. Flynn, W. A. Boland. John McCarthy, SUas B.
Dutcher, F. C. Cocheu, Joseph White and M. J. Kennedy.— V. 63, p. 969
:
Loans¬espayableOot.l,'99
Road— Owns
140.953
18 miles of main track and 1-73 miles sidings,
etc.,
in
Newburyport. Amesbury, Meirimac and Newbury.
Earnings—For years ending Sept. 30 earnings have been
1898.
Gross earnings .. $59,892
Net
4,964
1897.
1898.
$60,897
19,085
Int., taxes, etc.. $16,480
1897.
$25,123
10.124
Surp. for year.df.11,516
Tot. sur. Sep.30.d.l5,913 df.3,913
Officers— Superintendent, C. i Dennis.-V. 67, p. 690; V. 68, p.
619, 672.
NEWPORT NEWS,
VA.
Population 1^90 w.vs 4,490.
NEWPORT NEWS AND OLD POINT RAIL-
WAY & electric-
Organization— In 1898 purchased the Newport News Hampton
Point Railway and acquired the Chesapeake Light & Power Co.
at Hampton, Va. Also has ice plant. Extensive Improvements are
& Old
^ATALL &
CORTLANDT
Successor to the Fulton Wall
&
ST.
FERRIES RY.-
Cortlandt Street Ferries RR. sold
under foreclosure on Aug. 25, 1898. V. 67, p. 428, 488. Projected
from Fulton and from Wall St ferries. East River, to Cortlandt and
to Liberty St. ferries, North River, 2-7 miles. Stock, $1,000,000;
par, $100; all issued. Bonds, $1,000,000. have been authorized and
Issued. Directors
F. D. Moflfat. E. F. Moflfat. Charles Buse, K. 8.
Hogir, E. L. Conant, H. W. Thayer, H. W. Bean. M. E. Gill and J. P.
Sheffield.— V. 65. p. 1173; V. 67. p. 428. 488.
.
;
NEWARK, N. J.— (See Jersey City, N. J.)
POPDLATiON 1890 WAS 181,830; is 1880 w.\s 136,508
AND IN 1870 WAS 105.059.
projected. Population served estimated in 1898 at 38,500.
In July, 1899, it was reported the company had (through Messrs.
Alex. Brown & Son, of Raltimore. who are lar ely interef^ted inlho
Newport News & Old Point Railway) acquired the Peninsular Electric
Light & Power Co. and also the Peninsula Railway, a projected opposi-
tion lire.
Stock
&
Bonds—
interest.
Outstanding.
Maturity
$1,000,000
^*''ar'$100'*.V.?°.°'.Ti
Stock, pref., $4o6,Oo'(), 4 }
.f.r. f,oo juiyo,
210%.
TuIvt '09
400,oou
jy.-s^^
^
p. c. cum., par $100... J
Nov. 1,1938
5 g M-N
800,000
1st M.. $900,000, gold, / 189S
($1,000 each) a"
5 Int. at Alex. Brown & Sous, Baltimore, Md.
The Maryland Trust Co.. Baltimore, is trustee of the mortgage.
Bonds are subject to call at 110 on any interest day on 60 days notice.
Earnings— The combined earnings of the corstituent companies
have been as follows Six months ending Oct. 31. 1898, gross. $112,153; expenses, $59,489; net income, $52,654. Year ending April 30,
1898, gross. $170.899 net income. $87,389. In 1396-97, gross, $152,959; net income, f 62.136. Average net income for 2^2 years, $80,872.
Road— Owns and operates 17^4 miles of trolley road.
Officers— President, W. J. Payne, Richmond, Va.; Vice Pres.,W. A.
Post, Newport News; Sec'y, D. C. Zollikott"er, Richmond, Va.; Treas.,
H. L. Schmelz, Hampton, Va.— V. 67, p. 902, 1055.
. .
;
Date,
.
:
NE\VARK, OHIO.
;
POPULATION 1890 WAS 14,270; IN 1880 was 9,600;
AND IN 1870 WAS 6,698.
NEWARK CONSOLIDATED
OrQANIZATION— James
F. Lingafelter
ELEC- RY--
was appointed receiver April
7. 1896. Validity of old bonds has been questioned.
the Court ordered a sale of the road.
&
Miles.
Stock
Bonds—
Stock, $100,000, par .$.50
N. & Granv. Elec. St. 1st J ....
Date,
In June, 1899
'
interest. Outstand'q. Maturity.
.$73,000
1892 6 g M-N 120,000 May, 1912
M. $120,000, g., $1,000^ Equitable TrustCo., Trustee, Chicago.
do 2clM. $30,000, $.5,000 ....
1892
6 A-0
30,000
1898
PENINSULAR RY-—
Work on this line is now reported to
be underway. In July. 1899, Messrs. Alexander Brown & Son of
Baltimore were reported to have acquired possession in the Interest o*
the Newport News & Old Point Railway »k Electric Co.
STREET RAILWAYS.
NEWTON, MASS.
Population in 1895 was 27,590; in 1890 was 24,379;
AND in 1870 was 12,825.
IN 1880 B'AS 16,995
;
COMMONWEALTH AVENUE
RY-
ST.
Organization— Commenced
operations March 28, 1896. Mortgage,
$75,000 of 5 p. c. gold $500 c* bonds, dated Feb. 1, 1896, due Feb.
1, 1916; interest F. <fe A., at office of trustee. International Trust Co.,
Boston. In Nov., 1398, tbe Massachusetts RR. Commissioners authorized increase of stock from $175,000 to $258,000 to fund floating
de'it incurred for construction and improvements.
In July company
applied for permission to increase amount to $290,000, $30,000 to be
used for extension and $2,000 for ecLuipment.
Dividend— Dividend of 2 per cent payable June 30, 1899.
Road— Oct. 1, 1898, main line, 6-7 miles; second track, 5'6 miles.
Earnings— Year ending Sept. 30, 1898, gross, $73,630; net, $5,415;
interest, taxes, etc., $6,535; balance, deficit, $1,120. President, Adams
D. Claflin Treasurer, Leonard D. Ahl. Office, Newtonville, Mass.
;
NEWTON STREET RAILWAY-A
Organization— Chartered
Stock & Bonds—
Date,
interest. Outstand'g.
1897.
1898.
I
1897.
|
I
|
NEWTON & BOSTON STREET RAILWAYStock & Bonds—
Outstanding.
Date,
_
8tock,$2.50.000,pr.$100
IstM. for $250,000.... < 1892
Maturity
See te£t
July 1, 1912
interest.
$200,000
125,000
5 J-J
Not subject to call. I Int. pay'le at Am. L. & T. Co., trustee. Boston.
Keal estate mortgage
20,000
iKcidenda— In Jan., 1898, paid 1^4 p. c; in Apr., II4 p. c; inJuly,li4
p. c; in Oct., II4 p. c.
in 1899, Jan., \H p. c; in Apr., II4 p. c July
dividend passed.
Road—Owns 10 miles of trolley. Operates Newtonville & Watertown St. Ry., 314 miles, under lease of 1897.
Earnings-In year ending Sept. 30, 1898, gross, $65,369; net, $18,SOl interest and taxes, $10,263 dividends, $9,062 balance, deficit,
for year, $524. Total surplus Oct. 1, 1898, $5,973. In 1896-97, gross,
$44,542; net, $18,250.
Officers— President, Gen. Man. and Purch. Agent, H. B. Parker,
;
;
;
;
Newtonville, Mass.; Sec'y, R. A. Sears; Treas., J. L. Richards.
NEWTONVILLE & WATERTOWN STREET RAILWAY—
Organization- Operates 5 miles of track. In Nov., 1898, applied
for permission to extend its road into Boston. Stock, $50,000 par
$100. Unfunded debt Sept. 30, 1898, $35,710. No funded debt. Oper;
Newton & Boston St. Ry., under lease of 1897. Application to
Mass. RR. Commissioners to issue $50,000 additional stock was
ated by
in August, 1898.
Dividends-ln Oct., 1898, paid 1
iu Apr., 1 p c., in July, 1 p. c.
Earnings— In 1897-98
NORFOLK. MASS.
rental paid
p. c. (Q-J); in
1899, Jan.
2, 1 p.
c;
was $4,655.
^VELLESLEY & BOSTON ST.
Capital stock
RY.-Trolley.
authorized, $115,000 (par $100); issued, $115,000.
Oct. 1, 1898, loans and biUs payable, $16,500; no bonds. Owns 5-17
mUes of track. Year 1897-98 gross, $39,375; net, $13,020; charges.
$987; dividends (8 per cent) $8,000; paid to insurance fund, $2,000;
balance, surplus for year, $2,033.
In 1896-7, gross, $13,312; net,
$3,697. President and General Manager, H. B. Parker, Newtonville,
Mass.; Secretary, R. A. Sears; Treasurer, J. L. Richards.
Dividends— \n April, 1898, paid li^ p. c; July, II3 p. c; Oct. 4,
P.O., of which 2 extra; In 1899. Jan.. 2 p.c; in Apr 2 p.c; July, 2 p.c,
,
NIAGARA FALLS,
N. Y.
Population 1890 was 5,502; in 1880 was
and in 1870 was 3,006.
3,330;
LEWISTON & YOUNGSTOWN FRON'R RR.—
Orqanization. Owns from Lewistou to Youngstown, 73 miles;
completed in August, 1896 branch to Rumsey Park, 1 mile; sidings,
;
m Stock authorized, $150,000; issued
$134,000; par. $100. First mortgage, Buffalo Loan, Trust & Safe
Deposit Co., trustee, $150,000; issued $134,000; gold c* 6s, J & D,
dated 1896, due June 1, 1926.
Interest payable at office of trustee.
Loans July 1, 1898, $2,420. Earnings year ending June 30, 1898,
gross, $12,378; net, $3,011, other Income, $75; int. and taxes, $9,885;
Bal. def, $6,799.
Earnings for 10% months ending June 30, 1897,
gross, $6,602.
President, L. A. Rumsey; Secretary, Karl Evans;
Treasurer, George R. Teller— all of Buffalo.
•2 m.; trackage, -2 m.; total, 8-7
NIAGARA GORGE
Organization— Incorporated
«uoceB8or to the Niagara Falls
dc
RR. ELECTRIC
New York State June 3, 1899, as
Lewlston, sold at foreclosure May 23,
la
Population
SfatuHtu.
Gross earnings.. ..$95,821 $94,072 Balance for divs.. $17,093 $16,833
Net
31,431 26,422 Dividends paid... 16,800 16,800
Int., taxes, etc ... 14,333
9,589 Tot. sur. Sept. 30. 21.154 20,861
Officers—President and General Manager, Winthrop Coffin, VicePresident, E. Stearns; Secretary, Geo. W. Morse; Treasurer, Charles
W. Smith, 53 Tremont St., Boston; Superintendent, F. G. L. Henderson.
made
;
trolley road.
Annual Report—For years ending Sept. 30 earnings have been:
1898.
1899. The road extends from Onondaga Street, Lewlston, along the
bank of the Niagara River to the city of Niagara Falls, The line was
formally opened July 1,1899. The company also controls the f ran*
chlses of the Niagara Falls Tower Co., the Battery Whirlpool Rapids
Co., the Niagara Rapids View Co. and the Niagara Whirlpool Rapids
Elevator Co., all of which were owned by the former Niagara Falls <fc
Lewlston. An agreement ha.'* been made with the Niagara Falls Park
& River Ry. Co. allowing cars of the Gorge Road to run over that
company's lines across the arch and Suspension Bridges to Tabor Rock
and Dufferin's Island.
Stock and Bonds—The Niagara Falls & Lewiston when sold at foreclosure was sold subject to thii $1,000,000 mortgage of the latter.
Capital stock, $1,000,000. First mortgage (Niagara Falls & Lewiston) $1,000,000 of 5 per cent gold bonds c* ($1,003 each), dated
1895, due June 1, 1925, J&D, to Knickerbocker Trust Co., N. Y., as
trustee; outstanding June 30, 1898, $35,000; loans, $1,085,092. Year
ending June 30, 1898, gross, $73,557; net, $45,430. President,
Francis V.Greene; Vice-President, Herbert P. Bissell Treas., Bert.
L. Jones; Secretary, Herbert H. Hewett.— V. 68, p. 332, 1077, 1133.
in 1887.
Stock ($315,000, par $100)
Q-J
$315,000
See text.
Ist M., cur., not subj. to call
1892 5 J-J
135,000 July, 1912
Interest payable at American Loan & Trust Co., trustee, Boston.
Dividends in 1892-93 aggregated $11,002 (8 per cent); in 1893-94,
$12,690; in 1895, 8 p. c; in 1896, 8 p. c; in 1897, 8 p. c; in 1898, 8 p. c;
In 1899, Jan., 2 p. c; in Apr., 2 p. c; in July, 2 p. c.
Road—Owns from Newton to Waltham, Watertown, etc., 13*30 miles;
track (measured as single); sidings, etc., 0*57; trackage, 2-49; total,
16-36 miles.
63
was 013; in 1880 was 930;
1870 was 1,081.
in 1890
AND
IN
NORFOLK SOUTHERN STREET RY- -An
electrio road.
Began operations in 1S99. Line runs through East Walpole and
Foxboro to Mansfield, 18 miles. Stock, $122,500. General Office.
Norfolk, Mass.
NORFOLK, VA.
Population 1890 was 34,871; in 1880 was 21,966;
AND IN 1870 WAS 19,229.
NORFOLK & ATLANTIC TERMINAL CO.To be an
electric road.
This enterprise is backed by Alexander Brown & Sons of Baltimore.
A double track electric line is contemplated from Sewells Point, on
Hampton Roads, across Tanners Creek, and thence easterly to the city
limits of Norfolk, etc., 8 miles. A hotel at Sewell's Point is also to be
erected
Outstand'g. Maturity.
Date,
interest.
Stock
Bonds—
Stock ($100). $500.000
(?)
Mar. 1, 1929
Mort., gold. $500,000. .c* ) 1899
5 g. M&S
(1)
($1,000) Maryland Tr. Co. 5 Int. at Alex. Brown & Sons, Baltimore.
Officers.— President, D. Lowenburg; Vice-President, H. L. Lowenburg; Treasurer, Caldwell Hardy; Secretary, Wallington Hardy.
&
NORFOLK STREET
RR.-rSeeJtfap
p. 64.)
Organization—A consolidation June 7, 1894, of the Norfolk City
RR. Co. and the Suburban City Railway & Improvement Company
Franchise runs until Jan.
1,
1944.
Population of Norfolk in 1897 esti-
mated at 55,000, and in 1899 at from 60,000 to 65,000, including contiguous suburban sections.
In November, 1897, control was purchased by a syndicate headed
by John L. Williams & Sons of Richmond, Va., and Midden dorf, Oliver
& Co., of Baltimore, Md., and extensive improvements have been
made— see V. 65, p. 1024. A new mortgage was issued for the retirement of the old bonds and for improvements. In March, 1898, the
Norfolk & Ocean View was purchased in its interest at foreclosure
sale. V. 66, p. 617. The Virginia Electrical Railway & Development
Co. has also been acquired by the same parties
&
Bonds—
Outstand'g.
Maturity.
$1,000,000
1888 6g. J - J
125,000 Jan. 1, 1913
5
$1,000
cunt. atMer. Trust Co., trustee, N. Y. City.
Norfolk Street cons, mort., S 1898 5g. J-J
Jan. 1, 1944
915,000
$1,000,000, g. ($1.000)c. } Int. at Merc. Tr. & Dep. Co., Bait., trustee.
Road— Owns 22i2milesof track in City of Norfolk, Va., and extending,
to Lambert's Point, 2 miles from city. Rails 60 lb. T and 80 lb. girder.
Earnings— For 12 months ending Deo. 31, 1898, gross, $176,685;
net, $88,347. In 1897 gross, $146,818; net, $70,096.
Officers— (Jan., 1899), President, R.L.Williams, Richmond, Va.;
Vice-Prest., Frank O. Briggs, Trenton, N. J.; Treasurer, W. H. Doyle,
Norfolk; Secretary, H. C. Wliitehead, Norfolk.
DIRECTORS— J. W.
Middendorf, Robert C. Davidson, Charles R. Spence, Frank O. Briggs,
Wm. Habliston. R. L. Williams. R. B. Cook. W. H. Doyle, J. P. Andre
Stock
Date,
interest.
Stock, $1,000,000
Norfolk City Ist M., gold,
Mottu and J. W. Perry.
617; V. 68. p. 1183.
Index—V.
62, p. 186; V. 65, p. 1024; V. 66. p.
NORFOLK & OCEAN VIEW RAILWAYMap,
p. 64.) A trolley and steam road.
Organization—A reorganization iu April, 1898, of the Norfolk &
Ocean View Railroad, foreclosed and purchased in the Interest of the
Norfolk Street RB.— V. 66, p. 617. Road 9 miles long; 15 miles of track.
New company is making improvements. Also owns valuable prop(See
Ocean View, a summer resort opposite Old Point Comfort,
connecting with a ferry company giving through service between Old
Point Comfort and Norfolk. The Norfolk Willoughby Spit & Old
Point RR.. formerly underlease, has recently been purchased and is
now part of the New York & Ocean View. In May, 1899, the latter waa
sold to R. L. Williams, the President of the Norfolk & Ocean View.
Officers.— President. R. Lancaster Williams, Richmond, Va.; Sec. H.
C. Whitehead.
erty at
PORT NORFOLK ELECTRIC RAIL^WAYRoad, Etc.— Operates 8 miles of track. Stock, $150,000 1st mortgage gold 6s, $60,000; dated 1892, due August 1, 1907; interest
payable, F. & A. A second mortgage for $20,000 was Issued in August,
1897, for paying floating debt and for extensions. On Oct. 27, 1898,
B. Watkins Leigh was appointed receiver. In Dec. 1898. the receiver
was granted authority to issue $15,000 receiver's certificates for improvements. In May road was reported sold to a Baltimore •yndlcate.
;
-V.
67. p. 957; V. 68, p. 102>3.
64
STREET RAILWAYS.
STREET RAILWAYS.
NORRISTOWN,
PA.
Population 1890 was 19,791; in 1880 was 13,063;
and in 1870 was 10.753.
SCHUYLKILL VALLEY TR ACTION-Trolley.
as
—
s\iccessorto the
Organization lucorporateil in September, 1893,
Vorristown Bridgeport ife Conslioliocken Traction Co. Since Jan. l.'j,
1895, has controlled and operated tbeConshohoclceiiRy., the Montfiomery
County Pass. Ry., the Citizens' Pass. Ry., Ambler Electric and the Norr stown Pass. Ry. The corporate existence of the several companie.*
""'H be maintained, hut their bonds will be talten up as rapidly as pop8i )le.
In October, 1895, control of the Traction Co. chansod hands and
the authorized stock was increased from $'250,000 to $1,000,000.
lu May 1899, it was reported that local men hud come into control
and that arrangements were under way for refundinj; the existing
—
Ou/stanrting.
Dale, interest.
Maturity.
Stock
Bonds
8t«cb. $1,000,000 ($50)
$500,000
1st mort.. $500,000, gold ^ 1895
Nov.. 1945
P-A
1 13,000
5 g. F-A
($1,000)
cjlnt.at West End Tr. & S. D.Co Phil.. trustee.
On June 30, 1898, loans payable were $112,175.
The securities of the subsidiary companies are as follows, including
both those held by the public and by the parent company:
Compntui, etc.—
Miles. Interest.
6 '4
Citizens' Pass. Rv. stock..
Ist mort., gold, $80,000,)
5g. F-A
guaranteed
512
1st mortgage, guaran'd
principal and interest..
5^
I
5
S
g. J- J
Subject
II2
Montg. Co. Pass. Ry. stk.
II2 6
1st mortgage
J-J
Norristown Pass. Ry. stk.
414
4I4 6
Ist mortgage
J-J
Road— Operates about 22 miles of track, including the lines of the
above-mentioned companies. A number of innprovements and extensions reported proposed in 1899.
Latest Earnings—3 mos.,? 1899
Gross, $11,624; net, $860
Jan. 1 to Mar. 31.
Gross, 12,349
net, 2,502
S l-<98
For year ending Dec. 31, 1898, gross earning8,',$63,674; net, $18,705;
;
in
NORTH ADAMS,
in 1895
was
MASS.
was
19,135; in 1890
16,074; in
HOOSAC VALLEY STREET
RY.-TroUey road.
Organization— Chartered April 7, 1886.
Stock, Bonds, etc.—
Date, interest. Outstand'g.
^
Unfunded debt
Maturihj.elc.
$100,000
July 1,1917
100.000
^ •^'^•^
1897
-^*^'^^ Sew England Trust Co.. trustee.
'.
.
Sept. 30. '98
34,331
13-00 miles of main line track and 0-42 miles of sidiags, etc. Extension to Williamstown. 6 miles, was completed in 1896
Earnings- For year ending Sept.30, 1S98, gross, $76,660: net, $21,.
962; other income, $2,582; int., taxes, etc., $11,342; dividends (6%),
$6,000; balance surplus for year, $7,202. 1897, gross, $81,328; net
$30,470; interest and taxes, $8,656; dividends (6%), $6,000; balance,
surplus for year, $15,814.
Officers— President and Treasurer, C. Q. Richmond, North Adams.
Road.— Owns
NORTH ATTLEBOROUGH, MASS.
Population
in 1895
was
6,576 and in 1890
was
INTER-STATE CONSOLIDATED
OrQANIZATION—Organized April
Date,
„ Stock & Bonds—
Stock, ,$380,000, par $100
Coupon notes
1897
Bonds auth., $200,000
6,727.
ST.
RY.-
21, 1895.
See V. 60, p. 606.
interest.
Outstanding. Maturity.
6Q.-J. $380,000 See text
4 (^.-F. 150,000
Apr. 28, 1907
Nov
none
Loans and bills payable Oct. 1, '98
...."
50,000
Dividenu— In 1897, 6 p. c; in 1898,6 p c; in 1899, Jan.. 1^2
c; July,
Road— Owns 22-42
April, 1
>«
p.
,'97
miles
trolley
track
and
li^
NORTHAMPTON, MASS.
was
12,172;
16,746; in 1890
AND
IN
1870 was
14,990; in 1880
10,160.
NORTHAMPTON STREET
was
RAILAVAY-A
26, 1873.
Date. Interest. Ontsinnd'g. Div'ndx.efc.
$.300,000 f.p.Ree text
l8tM.,notsubi.tocall($>00)c
bills
NORTON & TAUNTON ELECTRIC STRE ET
RAILWAY-Trolley.
to be a consolidation of the Norton & Paunton Electric, the
Attleborough Street, the Mansfield & Norton Street, and one
other road. Bonds to amount of $300,000 to $100,000 are proposed
Officers— President, George Swazey; Vice-President, David Harding; Gen. Manager, Douglas A. Brooks.— V. 69, p. 334.
This
is
Norton
&
NOR^VALK, CONN.
POPULATION
payable Oct.
1,
1888
1898
IN
1890 WAS 17,747 IN 1880 was 13,956
IN 1870 WAS 12,119.
;
;
AND
RAILWAY-A trolley
NOR^VALK STREET
Connecticut Lighting & Power Co.— See V.
roa'^.
Has been acquired by the
68, p. 1133.
in May, 1862. There were $110,000 of
were called at 103 and paid off July 1,
these
but
outstanding,
bonds
1899.
Stock ($500,000) $25. $100,000 f p.
RQ^O—Operates 7-78 miles of track connecting Norwalk, South Nor-
Organization— Chartered
.
,
July 1,1898, bills payable, $40,200.
Dividends— 1S97-98, 6 per cent.
Earnings—Nine months ending June 30, 1898, gross, $36,430; net.
$11,132; interest charges, $4,402; taxes. $2,230; dividends (4ii«p. c),
net, $16,414.
.$4,500. In year 1896-97, gross, $50,834
NORWALK TRAMV/AYOrganization—Incorporated May 6, 1889. Charter perpetual.
Maturity.
Outstand'g.
interest.
Date.
Stock & Bonds..........
See below. $287,000
Stock («100) $8.50,000
392,000 Sept. 1, 1923
5 g. M - S
1st mort., $20,000 p. m. ) 1893
Atlantic Tr. Co,, /nts*ec,N.Y. City.
Subject to call at 104 after Sept. 1,1898.
The first mortgage bonds are a first lien upon all property of every
description now owned or hereafter acquired. Under the terms of the
mortgage the bond issue is limited to $20,000 per mile of construction
and equipment, and under laws of State cannot exceed 75 per cent of
$1,000
eold
*
.
5A-0
25,000
56,000
Apr.
1,
...c* S/n«eres? at
the cost of road and equipment.
Dividends— From July, 1893, to July, 1895, dividends of 2 per cent
yearly paid J. & J., none since,
pjQyi^D—Owns and operates from Broad River through City of Norwalk to South Norwalk and Westport, and also to the excursion grounds
at Roton Point on L. I. Sound, to Gregory's Point, to Five Mile River,
Darien, Noroton and Stamford, a total trackage, with sidings, of 20
miles. Road laid with 48 and 56 and 70 lb, T rails. Extensions from
Norwalk to New Canaan to be built in 1899.
Earnings— For the year ending Sept. 30, 1898, gross, $68,372; net.
$24,578; interest, $19,343; taxes, $3,697; rentals, $518; balance,
net, $20,802 ;
surplus for year, $1,020. In 1896-97, gross, $60,670
interest, $16,525.
Officers— Prest., T. M. Waller Vlce-Prest. and Gen'l Man ger, K.
W. Manslleld; See and Treas. G. N. McKibbin.
;
;
NORWICH^ CONN.
POPULATION 1890 WAS 16,192; AND IN 1880 WAS 15,112;
NORWICH STREET RAIL^WAY- A
trolley road.
Organization— Incorporated in 1882 aiul has a perpetual franchise.
Maturity.
Stock & Bonds— Miles. Date. Interest. Outstand'g
See text
J-J $250,000
Stock ($6.)0'000 authorlzed— $100. ...( Dividends at Am. Loan & Trust Co., Boston,
Oct. 1, 1923.
1893 5^. A -O $265,000
let mort., $3.50,000, J 12:
Interest at Am. Loan & Trust Boston
gold, $1,000
June 30, 1898, bills payable, $15,000.
<
I
Mortgage of 1893 is for $350,000. of which balance unissued Is reBerved for Improvement and additions, being Issuable therefor only
tinder general laws of Connecticut to 75 p. c. of actual cost of same.
Dividends— From 1 895 to July, 1897, both inclusive, 5 p. c. yearly; In
1898, Jan. 1 p. o.; July, 1 p c; in 1899, Jan., 1 p. c; July, 1 p. o.
Road— Own8l2-46 milesoftraok, of which -55 miles sidings. Exten-
^
mile proposed In Jan., 1899.
Latest EARNINOS-Nlnemonths
to
June30, 1898,
gross, $.55,2 55;
and taxes, $14,017; dividend (2%), $5,000; def. $2,604.
Annual Report- For years ending Sept. 30 earnings were tinlmir^i
ner, $16,353; int.
Organization— Chartered Feb.
Loans and
f'OPULATiON IN 1890 WAS 1,785; IN 1880 WAS 1,732;
IN 1870 WAS 1,821.
sion of
was
trolley road.
Stock, Bonds. Etc.—
Stock, ,$300,000, par $100
$92,326 $95,086
34,694
32,287
7,976
9,620
NORTON, MASS.
p. 0.
;
in 1895
Int'st, taxes, etc.
1 la p. c.
mile sidings,
etc., from
Main Street, Pawtucket R, I., to North Attleborough,
Mass., Hebronville, Dodgeville and Attleborough.
The combined
population of these towns was in 1890 about 41,937.
Latest Earnings— 10 mos., 5 1898-9. .Gross. $T20..=.46; net,$ll,981
Oct. 1 to July 31.
107,735; net, 22,359
< 1897-8.. Gross,
Earnings- Year ending Sept. 30, 1898, gross, $135,395; net. $42,811;
other income, $160; interest, taxes, etc., $11,237; dividends, 6 p. c,
$22,800; surplus for year, $8,943. In 1896-97, gross, $126,736 net,
$37,492.
Officers—President. Marsden J. Perry; Secretary and Treasurer.
Edward R. Price.— V. 61, p. 662, 871.
Population
Net
;
1880 was
10,191.
Stock, par $100
1st Mortgage
"
Bal. for div'nds.. $25,074 $24,311
Dividends..
27,000
24,000
Bal. for year. ..sur.1,074 def.2,68»
Officers— President, John Oluisted; Secretary, H. P. Field; VioePiesident and Treasurer, N. D. Winter; General Manager, A. E. Smith.
(Jross
walk and Winnipauk.
1897, gross, $61,892; net, $1,592.
Officers— President, N. H. Larzelere, Norristown, Pa.; Secretary
and Treasirer, H. C. Jones, Conshohocken.—V. 62, p. 279; V. 69, p. 334.
Population
:
Ma'nriti/.
Tssuert.
$'0,000 f.p. 3% Mar. '99
Feb. 1, 1925
80,000
to call at 105 Feb. 1, 1905
145,000
100,000
July 1, 1924
to call at 105 JiUy 1, 1904
150,000
15,000
1924
75,000
1923
75,000
Subject
5
Coushocken Ry. stock
Interest at Sprlngtlelrt 8. i). & Trust Co., Spriugtleld, Mass.
DtBWe)irf«— In year 1893-94 distributed $12,000: in 1895. 10 p. o.;
1896, 10 p. c; Jan., 1897. 5 p. c; July, 4 p. c. in 1898, Jan., 4 p. o.
July, 4 p. 0.; in 1899, Jan., 4, July. 4
Road— Owns 17-125 miles of main track and 1-431 mile sidings, etc.
In August, 1899, extensions were proposed.
Annual Report— For years ending Sept. 30 earnings have been
1897.
1897.
1898.
1898.
in-
debtedness and retiring the floating debt; $50,000 more of the
a ithorize<1 stock was to be issued. Tn August, 1899, made an equipment mortgage to the West End Title & Safe Deposit Co. of Philadelp ia, as trustee, to secure $100,000 flfty-year 5 p. c. bonds.
&
«^
1909
:
Int.dttarrs. Dividends,
!*!5.000 «iir-»^«;^
$i 3,928
(2)
1897-98
$75,630
$19,491
12,500 df.3,932
(5>
17,7.50
1896-97
79.502
26,318
Officers— August l, 1899, President, B. P. Learned Secretary
Gross.
Net.
;
Superintendent, W. L. Adams, Norwich
Boston, Mass.
;
Treasurer.
S,
A
Reed Anthony.
;
;
STEEET KAILWAYS.
6t)
NYACK,
WAS
POI'OLATION 1890
4,111; IN 1880
NYACK TRACTION—To
in
Company made no report for 1897-8, but gross income was $34,977.
St'k $300,000, par $100. $299,500
1896-7. 1895-6.
Earnings-
N. Y.
WAS
S.SSl.
a trolley road. Keorgauized
1898 liy Isaac A. Walker A Son, who purchased the franchise, right
of way, etc
and are constiucting road. To extend from Sparkill,
K. v., to Soutli Nyack, Nyack and Upper Nyaek, with an extension
l)e
,
from the ferry at Nyack to West Shore RR. station, and from Upper
to Rockland Lake; total, V2 miles. The stockholders voted to
Increase the stock from $75,000 to ^1,50,001. President.Henry C. How-
Nyaok
ard, Chester. Pa.; »ec.. C<eo. D Howell, Philadelphia, Pa.; Treas., E.
F. Walker, Philadelphia, Pa.— V. 67, p 7S9.
l8tm. 68,J&J,May 1,'23.$79,000 Gross earnings.. $26,122 $27,789
Consol. M. $300,000 > 0-900 nnn Net
6,738
9,025
gold 58, J-D, 1927.. \ *^00,000 Interest & taxes
6,026
6,4 33
305
Road— Owns 5-54 miles of single Balance, surplus.
2,999
-82
track and
of sidings.
Total surplus
22,664
22,359
Pres., Clare Willard; Sec. and Treas., G. H. Strong.- V. 65, p. 152.
.
OLEAN ROCK CITY & BRADFORD
$6,500; notes payable, $191,400. Operates 1712 miles of road; trackage, 2-31; sidings, 070; total, 20-51 miles. President, W. B. Ferguson;
Secretary, George A. Butman, 53 State Street, Boston.
OAKLAND, CAL.
POPOLATION 1890 WAS 48,632
AND
;
in 1880
OMAHA, NEB.
was 34,555
POPULAXION 1890 WAS 140,452 IN 1880 was 30,518
AND IN 1870 was 16,083.
1870 was 10.500.
IN
OAKLAND TRANSIT
CO.-A
;
in 1898
April 24, 1899.
V. 68, p. 673.
Mis. Date, interest. Oalstand'g.
Stock, $5,000,000 (par $50)
$3.98i,900
&
Stock
Bonds —
Maturity.
1922
C 5^4 1892
6g M-N *120,000
^'^'^Iuter«f't is payable at California Tr. Co.,
Trustee. San Francisco, Cal.
^
Oak. Consol. St. Ry. IstM. < .. 1894 6g. F-A .*361,0'I0 Aug. 1,1911
$500,000 g., $1,000... .( Trustee, California Safe Dep.
Trust Co.
Al. Oak. <fc P. 1st
$287,000
Ave RvlofVr ^
«
fJrtntral
«i nnn a^fiir i.o
f
!M,uuu,siuK.
^
&
M
Ist Cons. Mort. $1,400,000
No s.f., not subj to call c
Interest
on consol. 68
<
\
1893
6 g J J $1,400,0)0 July
Calif. Safe Uep. & Tr. Co., trustee.
-
.
7,
1918
at Co.'s office.
With the consolidated mortgage of $1,400,000 all the underlying
bands will be retired. In May, 1899, it was reported that Messrs.
E. H. Rollins & Sons had purchased nearly the entire issue of consolsRoad— In Feb., 1899, embraced 81-22 miles of trolley, extending
from Oakland to Alameda, Berkeley, Fruitvale and East Oakland.
Officers— President, E. A. Heron; Treasurer. F. C. Havens; Sec.
retiiry, Samuel J, Taylor.
Directors— F. M. Smith, E. a. Heron, F. C. Havens, W. H.Martin
D. 1). HaiTis, J. C. Wlnans, F. W. McCanu and Charles R. Bishop.—
LINE-An electric road.
Road, Etc.— Operates l^s miles of track.
EAST
OMAHA STREET
President, R.
W.
Patrick.
RY.-A trolley road.
and afterwards bought
out the line of the Inter-State Bridge & Terminal Ry. Co. Company
holds an exclusive franchise on all the streets in East Omaha until
January, 1919, and lor the same time exclusive rights across the
Omaha Bridge & Terminal Company's bridge, spanning the Missouri
River and leading to Council Bluffs, Iowa. This latter franchise is
regarded as very valuable. At present lines are only operated in the
suburb. East Omaha, but ultimately to be extended to Council Bluflfs.
Debt— Authorized capital $1,000,000, par $100; issued
Stock
and outstanding, full paid, $86,750. No bonds. Unfunded indebtedness Aug. 1, 1899, $12,000. Dividend 6 p. c. January, 1894; none since.
Road— Operates 5*5 miles of single track on 313 miles of street.
Gauge 4 feet 8^ inches. Rails 40 lb. T and 45 lb. girder.
Officers— President, Dudle Smith; Vice-President, V. O. Striokler;
Secretary, John R. Webster; Gen. Manager,
Treasurer, H. W. Yates
Alfred B. De Long.
Organization— Chartered April
18, 1893,
&
;
OMAHA STREET RAILAVAY-AtroUey
This
road.
is a consolidation
1889.
of all the street railway properties of the city operated by cable, horse
and electric powers. Has the benefit of three franchises.
Maturity,
interest.
Outstanding.
Date,
Bonds—
Stock
M.-N. $5,000,000 f. p.
See text.
Stock ($100)
Om. St. Ry. Ist consol.
May 1,1914
2,250,000
M., $2,500,000, gold.... 1889 5g. M.-N.
Interest is payable at the Farmers' Loan <& Trust Co., N. Y. City.
Consols for $500,000 were issued in July, 1896, to retire the first 6s.
Di>ide/ids.— During fiscal year 1895-6 paid dividend of 1 p. c.
Road— Operates about 90 miles of track. During 1895-6 speni
$60,000 for new construction and equipment. In 1897 and 1898 ex-
Organization- Incorporated Jan.
1,
&
V. «0, p. 1190; V. 68, p, 429, 673, 1026.
OAKLAND RAILROAD-A cable and
Road— Operates
DUNDEE PLACE CAR
trolley road.
by the " Realty Syndicate "
as a consolidation of the Central Arenuc, East Oakland Street, Oakaud Consolidated, Highland Park &. Fruitvale, Alameda Oakland
A Piedmont, Piedmont & Mount View and California Rys. See V.
"64, p. 287. Assessment of $1.00 per share was called for payment
Organization— Incorporated
RY.
Organization.— Organized in 1897. Capital stock, $210,000; funded
debt 68, 1917, J&J (American Loan & Trust Co., Boston, trustee,)
trolley road.
miles of track (9*35 miles street mileage),
including 11 miles electric, 5 miles cable and 1 1« miles horse.
Proi>i)ses to change entire line to electricity, using overhead single
trolley. Charter SOyears from Jan. 27, 1888. Gauge, 4 ft. 8I2 inches.
Girder rail, 70 lbs. Cars, 32. Securities not yet issued in May, 1899.
Pres., F. 8. Douty; Sec, J. R. Foleom, Supt., M. M. Martin.
18
OAKLAND SAN LEANDRO & HAYWARDS
ELECTRIC RAILV/AY CONSOLIDATED
Orqanization— A consolidation May 8, 1894.
Date.
Interest.
Outstanding.
Stock & Bonds—
Maturity.
Stick <$1,000,000 auth.))
n
v i 8,000 shares. )
'^"'^
-*I00
1 $22-6212 pd. in. ^
\
Oak. San Leandro & Hay. > 1892 6g M-S
$250,000 Mar. 1, 1922
Ry. IstM.gold $1000 ea. ] Interest is payable by check.
.\.ve. Ry. 1st mort., ) 1893
6g M-S 15
$250,000 Mar. 1, 1923
gold, $1,000 each
5 Interest is payable by check.
Mortgage trustee is the California Title Insurance & Trust Co.
ii'.'<Y/.»— Both mortgages have sinking fund commencing ten years
aftfi date and increa.sing from 2 per cent yearly (of total bonds outBtaiidiag) for the first live years to 8 per cent for last five years. The
bouils are not subject to call before maturity.
Dividends.- dividends were resumed in 1899, and 20 cents per
eliare paid Augu.>*t 15.
Road— In: Feb.. 1899, was said to operate 25 miles of track, all but
1 Sj miles being electric.
Officers— President, H. W. Meek Vice-President, Wm. J. Landers
Secretary, S. B. McLeuegan; Treasurer, C. E. Palmer.
pended for betterments about $325,000.
In Feb., 1899. old trackage was being re-laid as quickly as possible
with 73-lb. rail and all new trackage is to be of same weight.
Earnings -For year enlin? Nov. 30, 1897, gross, $596,763; net,
272,165; interest charges, $123,185; balance, surplus for year, $148,980. In 1895-6, gross, $559,388; net, $209,873.
Officers— President, Frank Murphy; Vice-President, Guy C. Barton;
Treasurer, W. W. Marsh; Sec. D. H. Goodrich; Gen. Man. W. A.
Smith General Supt. and Purch. Agent, F. A. Tucker.- V. 67, p. 843,
;
23il
;
OGDENSBURG,
Stock
&
Bonds—
Date.
N. Y.
RY--A. trolley road.
Oultanding.
Maturity.
$150,000
150,000
Sept. 2, 1925
6 M-S 2
^i'l.oTo'oo?.^^:..'^.*':' 1895
Mortgage trustee. West End Trust Co., Philadelphia.
Road—Owns 14 miles of track laid with 52 and 48 lb. T rails.
Earnings- Fi-om Jan. l to July 31, 7 mouths, gross $11,800 in 1899,
$10,411 in 1898. For year ending June 30, 1898, gross, $19,699; net,
$9,066 interest and taxes, $2,858 balance, surplus, $6,208.
Officers— President and Treasurer. H. A. Sage, Easton, Pa.; VicePresident, J. F. Dolan; Secretary, H. W. Cooley.
Interest.
Stock, $1.50,000 ($100)
;
;
OLEAN,
N. Y.
RY -A horse and
CLEAN STREET March
1880.
1,
In
trolley
July,
oad.
1897, was
authorized to increase stock from $16,000 to $300,000, and to Issue
$300,000 new bonds for paving and extension to East Olean and
I'ortvllle.
Organization— Has a new charter for 50 years from Oct. 1. 1897.
In August, 1899, Judge Thornell, in the District Court, ruled that the
ordinance granting the extension of the franchise was void.
Floating debt
iJc/Mjirfinflr.— Sinking fund payments are in default.
Negotiatiom are pending for refunding bonds at lower
i-s $70,000.
rate of interest.
&
Maturity.
Outstanding.
Date.
interest.
Bonds—
Stock
$1,500,000
Stock
400,000 Jan. 1, 1908
1888.
6 g J-J
Ist mort. (see below))
gold,$l,000,sinklng > Subject to call at 110 in 1899.
fund, $500,000.. .c^ ) Int. at Mercantile Trust Co.(tru8tee), N.Y. City,
Bonds guaranteed —
July 1, 1909
$250,000
St. Ry. 1
5gJ-J
1889.
IstM. $250,000 gold [Subject to call at 106 in 1899.
$1,000 guar. p. <k i. (Interest at Mercantile Trust Co., trustee, New
(end.)8inkingfundc* J
York City.
Road Operates 25 miles of track.
Bonds- Additional 63 may be issued at $25,000 per mile for road
acquired and unenoumbered. The sinking fund is $20,000 yearly till
January 1,1899. and thereafter $30,000. OFFICERS— President, N. W.
Wells; Vice-President, J. J. Brown; Secretary, C. T. Stewart; Treasurer, J. H. Millard; Gen. Supt.. W. S. Dimmook.-V. 65, p. 236.
—
ORANGE,
N.
J.
was (estimated), 25,000;
Population
1890 WAS 18,844; in 1880 was 13,207;
AND IN 1870 WAS 9.343.
in
1898
ORANGE MOUNTAIN TRACTION
CO.-
Orqanization— Successor to Orange Mountain Cable Co. sold Oct. 9,
1895, to Charles E.Elmerman, of Philadelphia, for $10,550.— V. 61, p.
Population 1890 was 7,358; in 1880 was 3,036;
AND IN 1870 WAS 1,327.
Organization— Chartered
& COUNCIL BLUFFS RAILAVAY
BRIDGE— An electric road.
Council Bluffs
Population 1890 was 11,662; in 1880 was 10,341;
and in 1870 was 10,076.
OODENSBURO STREET
OMAHA
&
662. Stock, $100,000; par $100. Jan. 1, 1899, real estate mortgages,
$28,260; unfunded debts, $12,752. Owns 1^2 miles of cable incline,
extending to top of Orange Mountain, in Township of West Orange.
ForyearendingDec. 31,1896, gross, $5,173; net, $3,076. Not operated
during 1897; re-opened April 9, 1898. Gross earnings April 9 to Deo.
31, 1898, $11,911; net,$9^3. President, Frank Brewer, Orange Valley,
N. J,; Secretary, A. F. Skinner, Nutlty, N. J.; Treas'r, J hn O'Rourke,
Orange, N. J.— V. 60, p. 968, 1010; V. 61, p. 366, 662.
STREET RAILWAYS.
so.
ORANOE & MAPLEWOOD TRACTION.-
Orqanization— Owns no road but leases, it is understood, the South
Orange & Maple wood St. Ry. Stock authorized and paid In to Jan. 1
1899, $25,000; bonds have been authorized, but none issued to date
mentioned; other debts $32,000; cost of equipment and appurtenance,
owned, $31,786. For year 1898, gross, $15,065; net, $2,696. Pres.,
Frank Brewer; Treasurer, Wm. M. Haines.
SOUTH ORANOE & MAPLEWOOD
ST.
2-6
RY.
miles double track; total
of main line,
trolley, including sidings, 5*5 miles. Gauge, 4- ft. 8^ in. Ralls, T and
girder. Power rented. Stock issued, $100,000; del ts Jan. 1, 1899,
Organization— Length
Earnings—For year ending May 31, 1899, gross earnings of railway
and electric companies combined were $36,598. For calendar year
1899 gross is estimated at $37,745 and net at $17,278, as against
which the requirements for interest and sinking funds would be
$9,500.
Road and Plant— Operates about 8 miles of line, covering the principal streets of Ottawa, and also runs out of the city to Ellis Park, a
pleasure resort on the Illinois River. Equipment, 10 motor and 7
Has a comideie tteam and
trail cars.
Officers —President, F. S. Donnell, 60 etatest., Boston; Secretary,
M. F. Skinner; Treas. and Man., Louis W. Hess, Ottawa, 111.
&
Dale,
Stock
Bonds—
Stock, $1,000,000.
Or. & Bl Crosstown Ky. 1st
M., assumed
>
Sub.Trao. Consol. M.. guar- ( l^ 93
anteed loan, assumed
Newmort,
(
$1,000,000....
1898
$50,000
60,000
150,000
5J-D
&
5 J-D
Amer. Loan
Matu rity.
Outs'ding.
interest.
Tr
1923
Co., Boston, Trustee.
Dec. 1,1948
(?)
N.J. Tit. Guar. & Tr. Co. of Jersey C'y, Tr
Road— 10 miles of track on 7 miles of streets. Extension proposed.V. 67. p. 75.
Earnings—Earnings
Earnings.
Suburban Traction
of
From
:
Expenditures.
Repairs
)
1897.
1898.
1898.
1897.
pas'ng'rs ) o-fjo oxa $60,091
a,-., i=q 5 $11,624
~
^ !t.i3.J,iDS ^
Other sources. J *oAJ4J
588 Sup'ten.&man
49,878
Officers- President, Charles A. Sterling; Vice-President, William
8cheerer-V. 67. p. 75; V. 68, p. 381.
OSHKOSH,
TRACTION
Oshkosh Gas and also the electric company.
Organization, Etc.— in 1897 this company purchased the Oshkosh
St. RR. for $37,000.
Road now owned comprises 16 miles of track.
Is now building a 14-mile line to Neenah. Population of O.^hkosh and
South Oshkosh in 1897 was given as 32,000. In August, 1899, made a
mortgage for $500,000 to the Royal Trust Co. of Chicago, as trustee.
Stock and Bonds—
Date, interest. Outstand'a. Maturity.
Stock, $250,000
$250,000
let mortgage, $250,000, <
1897 5g. J-D
250,000 Dec. 1, 1927
gold
c* I
Int. at West End Trust, Phila. trustee.
President, George J. Kobusch; Secretary, J. K. Tillotson; Treasurer,
Otto U. Von Shrader.— V. 64, p. 799; V. 69, p. 333.
,
N. Y.
TRACTION.-Trolley.
Albany June, 1899, as .successor to the Oswego
Street Railway and the Ltke Ontario >fe Riverside, sold at foreclosure
April 10, 1899, according to plan in V. 65, p 278.
at
Stock
&
Bonds—
Date,
$100,0 0, non-cum
istmtge., $100,000, ^gold.... 5,^8?
interest. Outstand'a.
Pref.,
\
-^g.-
Maturity.
$200,000
100,000
4
,95''000
,
Population 1890 w.vs 9,837; in 1880 was 6,231;
AND in 1870 WAS 3.437.
OWENSBORO
P.
S.
&
'
PADUCAH KY.
Population in 1890 was 12,797; in 1880 was 8,036;
IN 1870 was 6,866; and in 1898 (estimated) 23,000.
PADUCAH RY. & LIGHT CO.-A
V. 67, p.
;
M. Coon; Vicc-Pres., Charles A. Tanner;
Doyle.
OTTAWA,
IN
Stock
&
1899 (LOCAL
E.STI.MATE), 17,0C0; IN 1890,
OTTAWA RAILWAY LIGHT
CO.-A
&
POWER
trolley.
used In generating electricity.
&
Bonds—
interest. Outstanding.
Date,
Maturity.
$200,000
..
1898 6 g. J - J 250,000 July 1, 1918
1st mortgage $400,000 gold.
Interest at American Trust & Savings Bank, Chicago, Trustee.
SInkingfund July 1, 1903, 3 p. c. annually of amount outstanding.
Bonds are redeemable at 105 after 10 years.
Road— Operates about 14 miles of track and new eatenslons were
building in August, 1898.
Manager, Geo. C. Wallace.- V. 67,
p.
T. J.
Floumoy;
127, 483.
PAINESVILLE,
Date.
Stock authorized, $l.'50,00O...
^''''^'«\«'^'*^^^'^°*''*1^^? 1^99
.
O.
population in 1890 was 4,755; in 1880 was 3,841.
PENNSYLVANIA & OHIO
RY-- A trolley road.
Organization- Incorporated on March 17, 1898, to build an electric road from Conneaut westward to Kingvllle, Ashtabula, Sayhrook,
Palnesvillo and Geneva, there to connect with extension of Cleveland Palnesville & Eastern Ry. In April, 1899, work in progress,
commencing at Conneaut Harbor. Pres.,Tlios. Fricken; Vice-Pres., W.
F.Stanley; Sec'y, E. L. Hills; Treas., B. W. Baldwin; Purcli. Agfe.T.
Office at Ashtabula.
PASSAIC,
9,985;
Organization.- Organized in March, 1899, under the laws of Illinois, and in Jaly, 1899, purchased the Ottawa Street Railway (previously sold at foreclosure) and the Thomas f:iectric Light & Powfr
Co. The latter has been in successful operation since 1884, and has a
complete modern plant located In the centre of the city. Water power
Stock
Bonds—
ILL.
IN 1880, 7,834.
is
trolley road.
Stock, par $100
Fricken.
POPULATION
1936 and
till
Trustee, Knickerbocker Tr. Co., N. Y.
Interest, $9,014: deflfit "'• T-oor. -Rin.dfiO.— V, 65, p. 27(1161; V. 68, p. 474, 772.
James
Franchise runs
gives exclusive rights to operate street railway in said city.
Maturity.
Miles. Date, interest. Ontsland'g
Stock
Bonds—
$50,000f.p
Stock, $50,000 (par $50^
8i2 1888
1908
25,000
6 J-J
\
IstM
*500pach
m., ?,ouu
eacn
isi
^ Interest at Louisville Banking Company.
Jan.
1,1917
2d $100,000 ($500), cur., J S'^ 1894 6 J-J
75,000
not subject to call
\ Interest at Louisville Trust Company.
Bonds—Of second 6s $25,000 reserved for first mortgage when due.
Road— Owns 10 miles of troUey tr ack in Owensboro and suburbs.
Officers— Pres.,W. E.Whltely; Sec.,R.A. Miller; Treas., J. H. Parish.
,3^
5J^?1
Knickerbocker
Officers -President,
CITY RAILROAD-A trolley road.
Organization —Chartered in 1886.
<
Treas.,
CO.-A
Organization— Property of the Ottumwa Electric Ry., including
railway, heat and power plant, was sold under foreclosure on April 28,
1898 (V. 66, p. 901,) and the present company organized in 1899.
Stock and Bonds.— Capital stock is understood to be 200,000'
information declined because only four parties inteiested in property
now, and bonds all held in Ottumwa.
Road— In 1898 company operated 6 miles of trolley In city of Ottumwa, Iowa. All by electricity. Weight of rails, 38 JLs. girder and
40 lbs. T- Also does municipal, commercial and residence electriclighting; supplies electric power for stationary motors, etc., and
operates a system of steam heating, with 3^ miles of malts.
Officers— Pres. and General Manager, J. H. Merrill; Vice-Pres.,Wm.
Daggett; Sec, J. B. Sax; Treas.. J. W. Garner, all of Ottumwa.— V. 06,
p. 901.
Officers— President, Geo. C.Thompson; Secretary,
'"1929
$i00,000
Trust CO., trustee.
Road-11^ miles of track. In Nov., 1898, operation was reported
temporarily discontinued, pending the making of certain betterments.
Earnings- Year ending June 30, ] 898 (before re-organization) ,gross,
$22,965; def. from operation, $4,944, taxes and interest, $13,454;
deficit for year, $18,398; 1897, gross, $21,099; net, $1,446; taxes and
2d mtge., $200,000
STEAM
granted 25-year franchise.
m
Stock, coinmoD, $200,000
&
Organization— Consolidation in 1898 of the entire street railway and
In 1899
electric-lighting plants of Paducah.— V. 67, p. 127, 483.
Population 1890 was 21,842;
1880 was 21,117;
AND IN 1870 WAS 20,910.
OSWEGO
Incorporated
OTTUMWA ELECTRIC
was 9,004;
O^VENSBORO, KY.
CO.-A troUey road.
In May, 1899, it was reported that this road was to be included in a
general combination of the gas, electric lighting and street railway
interests of Oshkosh. J. K. Tillotson. of Toledo, was .said to have an
option on the Citizens' Traction, and to have already purchased the
OSWEGO,
in 1880
5,214.
trolley road.
W^IS.
Population 1890 was 22,836; in 1880 was 15,748;
and in 1870 was 12,663.
CITIZENS'
OTTUM^VA, IOWA.
Population 1890 was 14,001;
and in 1870 was
road.
Organization— Incorporated in 1898 as successor of Suburban
Traction Co.; sold In foreclosure July 6, IS 98.
electric plant for generating
power.
about $59,538. Cost of road and equipment to Jan. 1, 1899, $184,538.
Pres., Frank Brewer; See. and Treas., Wm, M. Haines.
General offlce.
Orange Valley, West Orange, N. J.
ORANOE & PASSAIC VALLEY RY.- Trolley
67
Population
in 1890
Outstand'a.
Maturity.
I'jOOOO
5g."A&b
150',0>0 Apr.l,'f!V29
and $500
< Int. at American Loan iSiTr., Boh ton.
Sinking fund of $2,000 a year Is provided, to b- Invested in the bonds
If they can be purchased at 10."> or less.
N.
J.
13,028; in 1880
was
6,532.
PASSAIC & NE^^/ARK ELECTRIC TRACTION—A trolley road.
Organization— Incorporated April 30, 1895, and acquired all the
$1,000,000 stock (no bonds outstanding) of the Passaic & Newark
Electric Ry. Consolidated Traction Co. of New Jersey, which operates
the road, owns all the stock and guarantees the bonds.
Stock
&
Bonds—
Maturity.
$1,000,000
550,000 Juno 1, 1937
J-D
1897 5
tut. at N. J. Title Gu. &. Tr., Jersey City.
Date, interest. Oulslnjid'r/.
Stock., $1,000,000 (par $100)
Interest.
was
l8tM.,$l,000,000,guar. p&l. 5
by Con.sol. Trao. of N. J. <
Road— Owns 10*78 miles of track.
Earnings— Now included in Consolidated Traction.
Officers -President, Bird W. Spencer; Secretary, W. O.
Treasurer, F. M. StlUman.— V. 61. p. 420.
.
.
Shal1««r,
:
.
;
STREET RAILWAY b.
68
PATERSON.
N.
PEORIA,
J.
"WHITE LINE TRACTION.— Incorporated
June
1899, to take over the former
CENTRAL
New
iii
New
Jersey Electric
Kailway, wliich was sold iit foreclosure. Through the latter the oompauy acquirt- d the Paterson Passaic & Rutherford Electric, the Jersey
City Hobokeu <fe Rutherford Electric and the Paterson Electric.
Control is held by the Shajiley syndicate, which is dominant in the
North Jersey Street Railway and the North Hudson County system.
In August Mr. Bernard M. Shanley was quoted as saying that the Paterson Railway, the White Line Traction, the North Hudson County
Kailway, the Palisade RK. and the Saddle River Co. would all be conlidated eventually, and that they would be operated under the naiue
)the Jersey City Hol)okeu &, Paterson Railway Co.— V. 69. p. 333.
interest. Outstand'g. Maturity.
Miles. Date,
Bonds
Stock
$25,000pd.in
f-tock,$4,000,000p.$100
$2.4fi9.375
On demand.
5
5 1899
Xf ;^^,*o,^,.1/o
«o zit;o iTt: SB
to
m.,
^ Fidelity Trust Co., Newark, Trustee.
The mortgage for $2,459,375 88 Is a temporary mortgage given to
Secure certain advances made on account of the Wliite Line Traction
O.
It is secured among other things by $735,900 of the capital stock
of the Paterson Passaic & Rutherford Electric Ry.; $450,000 stock of
the Jersey City Hoboken & Rutherford Electric; $615,000 shares of
the Paterson Electric RR.
Road— Projected between Greenwood Lake, Singao, Paterson, Passaic, Rutherford, Hoboken and Jersey City— total 60 miles. Jan. 1,
1899, 40*57 miles of track operated.
tARNlNQS— For the year 1898 (on the New Jersey Electric), $275,70P;
other income, $1,296; the expenditures tor repairs " were $38,729;
and for operating, $169,091; balance, net for year, $69,1 85. In 1897,
gross, $246,548. OFFICERS— David Young, President.— V. 65. p. 1174;
V. 66, p. 288; V. 68, p. 86, 1182; V. 69, p. 182, 233, 333.
•Jersey
oii
9,
&
Stock
RAILWAY.-AtroUeyroad.
Bonds —
Miles.
8t'k $750,000(par, $100)
Ist vr., $750,000, gold, >
Date.
1895
Interest. Outstand'g.
5g.A&0
Maturity.
$750,000
500.000 Apr.1,1915
Interest atN.Y.Security&Tr.Co.,N.Y.,tru8tee.
1895 cover the entire system, including the lines of the Fort
ClarkSt.Ry., control of which wasacquiredln Aug., 1895. V. 61, p. 793.
Road— Owns 60 miles of track.
Earnings— For 7 months from April 1 to October 31, 1895, on 41
miles, gross, $177,885; net, $76,532. Not including Fort Clark Street
($1,000)
Bonds of
o*
J
Ry. 1894-5 gross, $201,051.
Officers— President, Walter Barker; Sec, J. N. Ward; Treas., H. J.
Woodward; General Mana. and Purch. Agt., J. Flnley. V. 61, p. 966.
' <
—
&
ILL.
Population 1890 was 41,024; in 1880 was 29,259
AND IN 1870 WAS 22.849.
Population 1890 was 78,347; in 1880 was 51,031;
AND IN 1870 WAS 33,579.
OLEN OAK & PROSPECT HEIOHTS RAIL"WA Y— A trolley and steam road.
Organization— A consolidation
Stock Issued, $81,000;
of 1896.
mortgage gold 68 (M&N), due 1916, $100,000 Royal Trust Co. of
Chicago, trustee miles of track, 7*2. President, M. Sleberling.
first
;
;
<
PEORIA & PEKIN TERMINAL RAIL-
"WAY.— sieam and
as Peoria & Peliin Traction Aug. 5,
1897, to build and operate a terminal system in and between Peoria
and Pekln. Leases from Chic. R. I. <fe Pao the Peoria Terminal RR. for
50 years from December, 1897. In May, 1899, name changed to Peoria
&, Pekln Terminal Railway. Tucker, Anthony & Co., Boston, are financial agents.
interest, outstand'g Maturity.
T>ate.
Stock
Bonds—
Stock, $500,000 (par $100)
$300,000
c*
1st M., $600,000, gold....
00.000
1928
)
ISg"*
5g. J-J
$1,000 each
3 U. S.Mort. & Trust Co., N. Y., trustee.
Road— Entire line about 20 miles of track; owned 12 miles, leased 7
miles. Also has rights over five miles of local street railway in Peoria
and privilege of transferring over 46 miles additional. Freight and
through passenger business handled by steam. Local passenger
business in and between Peoria and Pekln by electricity. Road expected to be in operation by October 1, 1899.
Officers— President, T. J. MiUer, Peoria; Vice President, W. H.
Trumbull, Boston; Treasurer, P. L Saltonstall, Boston; General Mane
ager, L. E. Myers, Peoria.— V 68, p, 673.
'
&
.-^
PATERSON RAIL"WA Y-An electric road.
In August, 1899, control was purchased by the Shanley syndicate
Which has just organized the White Line Traction, and is dominant in
t he other roads in Northern New Jersey.
Organization— Incorporated May, 1890, with a perpetual charter.
Stock
&
Bonds—
Date.
Outstand'g.
interest.
electricity.
Organization— Incorporated
Maturity.
Stock ($100)
....
$l,250,000f.p
..
Paterson Ry. l8t M
1888 6
J.-D.
$200,000 June 1, 1908
'^^^^
-^^50,000 Aug. 1, 1907
^
^
r-aierson city
Paterson
Citv Ky.
Rv
^ interestat First National Bank of Paterson.
Consol.M., gold, $1,250,- J 1891 6 g, J.-D.
1,000,000 June 1, 1931
000 ($1,000)
c<Trustee, Knickerbocker Trust Co.
M
Sd gen.
6
mort., $300,000..
,v/v/v..
.p
,
Other debt Jan.
1,
PETERSBURG, VA.
<5^0.
..00,000 Oct. 1, 1914
U,894
^ Trustee, Paterson Savings In.stltution.
1899
POPUL.\TiON 1890 WAS 22,680; in 1880
$124,441
Latest Earnings— 6 months
emontlis—
1899
1898
to
June
Gross.
30.
Net.
Feb., lt<99, the Piedmont fraction was purchased, together with the Virginia Traction Co., by John L. Williams
& Sons, of Richmond, Va., and Middendorf, Oliver & Co., of Baltimore,
Md., and the Peters'iurg Railway & Electric organized to take over
the properties. V. 68, p. 430. The same people also own the electriclight sj stem in Petersburg. It is reported the stock will be $500,000
and the bonded indebtedness authorized $1,500,000; but of which
only $500,000 to be issued at present. The new owners are proceeding to rebuild and re-equip the entire lines, erect new power house, etc.
President, R. Lancaster Williams. Richmond. Va.— V. 67, p. 435, 1004.
V. 68, p. 332, 430.
Organization— in
Surplus.
PATERSON CENTRAL ELECTRIC
RY.
sold at foreclosure June 15, and will probably become part of
the combination of roads in Northern New Jersey now being formed
by the Shanley syndicate.— V. 68, p llb3.
Road— 8
pass's
$13,795
1896.
$19,081
206
668
Other income
1897.
Oper. expenses. 21,065
Interest charges 2,873
1396.
25,102
Population 1890 was 1,046,964; in 1880 was 847,170
and in 1870 was 674.022.
I
I
;
j
PEEKSKILL.
Population
in 1890
was
9,676;
and
PEEKSKILL TRACTION
in 1880
i
was
6,893.
CO.-To be a trolley road.
Organization— Incorporated in May, 1898, with a c ipital of $150,000, to construct an electric raUway In and between Peekskill and the
towns of Cortland and Yorktown. Contract to build 6 miles given
In May, 1899. Incorporators: Charles Mason, James a. Haight,
Frank Frye. Charles N. Wells, .lay R. Decatur, Matthew CI une, James
F.Martin and Hanford Smith of Peekskill and Jacob Larrsch of New
York City. President, Frank Frye, Peekskill.
PHILADELPHIA, PA.
I
Was
From
21.656.
PETERSBURO RY. & ELECTRIC CO
Charges.
$191,130
$83,106
$.54,450
$.8 6.'i6
172,004
71,620
53,625
17,995
Earnings— For years ending December 31 earnings have been
Gross.
Net.
Fixed Oharges. BaL.sur.
•.JSJ?''^~
1898
$374,899
$166,889
$i09,-26u
$57,629
1897
347,023
1.50,318
109,555
40 763
1896
319,085
128,556
106,683
21,873
Road—Operates 40 miles of track In Paterson, N. J., and extending
o Passaic, Garfleld, Clifton, Haledon and Acquackanonk City.
Officers- President, David Young; Sec, Albert A. Wilcox; Treas.,
Hobart Tuttle; Purch. Ag., J. R. Anthony, Jr.- V. 62, p. 365.
miles of tiolley.
1897.
Earnings-
was
AMERICAN RAIL^VAYS COMPANY
Organization— Incorporated at Trenton. N. J., in April, 1899. Is
empoweied to build, haae, purchase and operate street railways.
Charter also gives them like privileges with li'-'hting plants. Is understood to be controlled by the interests that predominate in the management of the Electric Company of America and the United Gas Improvement Company, a sketch of whose affairs will be found in our
Investors' Supplement. Purpose is to enter the electric railway
held rather than the electric lighting and power business In June,
1899, purchased the Bridgttonife Millville Traction Co. (which see)
and also the Bridgeton Electric Co.. the latter having $25,000 stock
and $25,000 bonds also owns practically all the stock of the Springfield (O.) Hallway.
Is reported to be negotiating for other properties
in various parts of the country.
Stock— Authorized, $.'5,000,000, consisting of 500,000 shares of
$50 each; Issued $12,500,000— namely, 2 50,000 shares, on which $5
per share has been paid in.
Officers— Pres't, A. A. MoLeod; Vice-Pres't and Treas., W. F.
Harrity Secretary, C. L. S. Tingier. Gen. offices. Real Estate Build
Ing, Broad and Chestnut sts., Philadelphia.— V. 68, p. 770, 821, 1223.
;
;
PENN YAN,
Population
in
N. Y.
1890 was 4,254; in I88O was 3,475.
PENN YAN KEUKA PARK & BRANCHroad.
PORT R Y— A
trolley
Organization- Incorporated
in 1897. Stock, *100,000; par, $100:
outstanding, $90,000. Bonds, 20-year gold 5s, «100,000, dated Aug.,
1897, $500 each, all issued; Amer. Loan & Trust Co., Boston, trustee!
Road runs from Penn Yan to hranchport, 8^ miles; with sidings and
terminals, 10 miles. Extension, Branchport to Poulteney. N. Y., 413
miles, is proposed. Earnings for year ending Sept. i?0, 1898, gross,
$15,437; net, »5,540; other Income, $125; interest and taxes, $4,606;
bal., surplus, $1,059. President, W. S. Reed, Leominster, Mass.; Sec, F.
H. Viele, Keuka Park, N. Y.; Treas.. W. H. Tylee, Worcester, Mass.
FAIRMOUNT PARK TRANSPORTATION
Organization-A New Jersey corporation formed in 1896. Charter
perpetual; license from Park Commission runs until .Inly 24, 1939.
From Nov. 30 to May 1 operation is optional. Owns Woodside Park.
Road opened Nov., 1896.
Date. Interest. Outstand'g.
Maturity.
Stock & Bonds—
Stock, $2,000,000 ($50)
See text.
$1,770,000
1st M., gold, .$500,000, call)
1897 5g.
500.000
Sept. 1. '12
105 after Sept. 1, 1902. \ Trustee. Girard L. Ins. A.
Tr.. Phila.
($l,0O0)
c* > As to bonds of 1897 see V. 65, 620.
MS
&
2d mortgage, $150,000
1898
5
100,000
Dividends— Y\T»t and only dividend paid Deo. 1, 1897, 2 p. c.
Road— Traverses West Park and East Park, 8*47 miles of track, and
crosses the Schuylkill River on a steel bridge. Rails are 90 lbs.
STEEET RAILWAYS.
(39
Earnings— Year ending
Oct. 31, 1898. gross, $108,782; net, $40,510,
$25,000; surp., $15,000. In 1896-7, gross, $122,552; net, $72,652.
Officers— President, Cliarles A. Porter; Sec. and Treas Ellsworth
H. Hults; Bullitt Building, Philadelphia. -V. 65, p. 620.
int.,
,
PHILADELPHIA & BRISTOL
OrGANIZATION' Chartered January
3,
PASS. RY--
1896.
Treas.,
Frank G. Edwards.— V.
$10,860,.542
4,456,375
•.
interest, etc
Total net income
;
&
238,93^,353
Operating expenses
Net earnings
Other income,
Date, interest. Outsland'g. Maturity.
Stock & Bonds—
$250,000
Stock $'2.50.000 (par $50)
250,000 Jan.15,'26
l8tM.,$25o,000g.($l,(00) 0* 1896 5 g. J-D
Interest at Security Trust Co., Philadelphia, trustee.
Road— Philadelphia to Croydon Station, 7 miles, opened in April,
Connects
1897. Injunction has prevented completion to Bristol.
with Holmesburg Taoony & Frankford Electric Ry. Forms part of a
through electric line from Bristol to Philadelphia.
Earnings.—Year ending June 30, 1898, gross, $14,013; net, $700.
Officers— President, Henry V. Massey; V.-Prest., Edgar A. Tennis
See.
1897 98.
No. passengers carried
Gross earnings
63, p. 230.
Taxes
iind licenses
Fixed charges
1896 97.
228,102,758
$10,381,015
4,949,850
$6,404,167
1 10,895
$5,4 31,164
$6,515,062
894.737
5,595,704
$5,530,795
913,389
5,469,340
99,630
Surplus
$24,620
def.$851,934
Operating expenses, including licenses and taxes, were 4927 per
cent of gross income, contrasting with 56'48 per cent in 1896-7.
During 1897-98 $903,169 was spent on capital accounts, of which
$392,097 was for construction work, $103,980 for stocks of underlying
companies and $267,502 advanced in open account; balance miscellaneous.
Officers— President, John B. Parsons; Vice-President, Geo. D
Wldener Secretary and Treasurer Charles O. Kruger.
Directors (Oct., 1898)— George W. Elkins, John B. Parsons.Wllllam
H. Shelmardine, P. A. B. Widener. William L. Elkins, Thomas Dolan,
George D. Widener. James MoManes. Jeremiah J. Sullivan. Alfred
Smith and Alex. M. Fox.— V. 66, p. 1142; V. 67, p. 1 75, 635, 691, 734;
V. 68, p. 332 V. 69, p. 182, 284.
Lines CoDtroIled br Union Traction To.
(1) CATHARINE & BAINBRIDGE STREETS RY— A troUey road.
;
CHESTER
PHILADELPHIA & "WEST
TRACTION— A trolley road.
Organization- Chartered in 1895. This company, In Oct., 1898,
absorbed the Delaware County Passenger Railroad and the Philadelphia Castle [Rock & West Chester Passenger Railway Co., and line to
West Chester had been completed in Dec, 1898 —V. 60, p. 837
Stockholders are to vote Sept. 5 on proposition to increase stock from
$400,000 to $1,000,000 for the purpose of extending line to Dowing-
ton—V.
69, p. 132.
& Bonds—
Stock
Ontsland'ff.
interest.
Date,
Maturity.
$329,700
Stock, par $50
'^^iil»5"a?t.ffi.?89iih«98
5S.J-J
Oct. 1.1918
350,000
Interest at GirarJ Life Ins. Ann. & Tr. Co., Phila., trustee.
Bonds,— Of the Ist 58. $50,000 were reserved for future uses. A.
fund was placed in the hands of the trustee to remove certain prior
Uens.— V. 67, p. 1309.
Road— Operates 22 miles from Philadelph'a to West Chester.
Leases Phil. & West Chester Turnpike Road Co. for 999 years from
1895. President, A Merritt Taylor; Secretary. C. Russell Hinchman.
- V. 60. p. 837 V. 67. p, 30, 1309; V. 69, p. 132.
;
Organization— Incorporated May 14, 1889, and leased to the Philadelphia Traction March 1, 1890, for 99 years, and since Oct. 1. 1895.
operated by the Union Traction Company; In Sept., 1895, term of
lease was increased from 99 to 999 years and stock from $150,000 to
$400,000 (all owned by Union Traction O .); rental Is $24,000 yearly
besides interest and taxes.
Maturity.
Miles. Date, interest. Outst'd'g.
Stock
Bonds—
Stock, par $.50
6%M-S $400,000
See text.
lstM.$150,000($l,000)c .... 1890 5 x A-0 150,000 Apr. 1, 1920
&
Due
lessee July, 1898
234.698
Infest at Land, T. & T. Co., trustee, Penn. Co. for Insur. of Lives, eto.
I>tt)tdcnd«— Dividends of 6 per cent are paid.
Road—The road aggregates 11-36 miles of track.
;
SOUTHWESTERN TRACTION RAILV/'AYTo be a trolley road. Chartered in April, 1898. To run from Moyamensing Avenue to the county line at Bow Creek, mikmg accessible
flistriets In
8tru<^tion
Stock
the southern and southwestern portions of the city.
Con-
under way.
&
Bonds—
Date.
interest.
Maturity.
Outsland'g.
Stock (*450,000)
(?)
1st mortgage. $450,000, 5 1*?98
$400,000
5g. A-O
gold
i W. EndTr. & Safe Dep. Co.. Phila. trustee.
Of the Ist 5s $50,000 are retained to guarantee the interest for 18
months. Pres., E. A. Tennis; Treas., U. H. Hapsenplug.— V. 67, p. 1056.
Organization —Chartered September 13, 1895, and acquired practically all the shares of the Electric Traction and People's Traction Com
panies in place of which were issued collateral trust certlflcatee
by the shares placed In trust. In 1896 leased these
properties for 998 years and 3 months from July 1, 1896.
Has
also leased the Philadelphia Traction at 8 per cent on its capital stock
and has "assumed" ita 4 percent collateral trust bonds. V. 6. p 663
Leases (from Jan. 1, 1898),HestonviIle Mantua A Fairmount Passenger Ry. for 999 years at 6 p. c. on preferred and 4 p. o. on common
stock— see V. 66, p. 236. These companies include all the leading
street passenger railway lines within the city of Philadelphia. See
terms of consolidation, etc., in statements for the constituent companies and V. 6 1, p. 152, 197, 283, 663.
Maturity or
Int. or
OutDate. Dividends,
Stock Bonds
standing.
last dividend.
Stock. ,$30,000,000, )
599,947 shares
par $50
$17-50 paid in.
5
Trust Co.oertiflcates) 1895 4g,A-0
29,724,876 red.aft.Oct.1,'45
gold, guar. p. & i. > Interest at Pa. Co. for Ins. on Lives & Granting
by Union Tr
Annuities, trustee.
>
secured
—
Stock— The stock authorized is
$30,000,000; par, $50.
shares, on which the first Instalment of $5 per share
Slst of October, 1895, a second instalment of $5 per share
947
Issued 599,
was due the
was payable
1896, $2-50 per share on March 1,1897 and $5 on Nov. 16.
V. 67, p. 635.
The loan of $2,400,000 for purchase of HestonvUle road was paid ofl
In Nov., 1898, from proceeds of fourth instalment ($5) called on stock
of Union Traction Co.
Mar.
2,
1898.
Trust Certificates— The trust certificates are not the direct obligations of thpi Union Traction Co., but were Issued by the Pa.
Co. for Ins. on Lives & Granting Annuities to pay for the shares of
the Electric and People's Traction companies purchased and are
secured by a deposit with the Trust Co. of all the shares of the stock
of the Electric Traction Company and the People's Traction Con:pany thus acquired. See description of certificates in V. 64, p. 135.
They are guaranteed, principal and interest, by the Union Traction Co.
and are redeemable at the option of that Co. on anil after Oct. 1, 1945.
Under terms of lease the bonded debt ot both Hestonville M. & F.
Pass. Ry. and Fairmount Park & Haddington companies was as
eumed.— V. 66, p. 230.
Road— On June 30, 1898, operated 331 miles of road, 410 miles of
Stock $500,000 ($50).
Seetext.
11
•J8%Q-J See text.
Stock paid in $192,500; $20 on 8,500 shares and $16 on 1,500
shares. Road, Columbia Avenue to MifiEiin St., 11 miles of track.
(3)
CONTINENTAL PASSENGER RAILWAY -A trolley road.
Sept. 3, 1873. Leased Jan. 1, 1880, to
Union Passenger Railway Company for 99 years at rental of $6 per
share per annum. Interest, taxes and operating expenses; lease assigned
CO Philadelphia Traction Company June 30, 1884. Operated by Union
Traction Company since October 1, 1895. Stocks owned, per balance
sheet July
1,
1898, $600,000.
Miles. Date, interest.
Stock & Bonds—
Stock, par$50
30.
Statement
for 1897-8,
including He.stonviUe earnings since Jan. 1, 1898. with balance sheet.
In V. 67, p. 734. shows as follows
Annual report for 1898-9 is not to
be published until the stockholders' meeting in September, but according to the Philadelphia papers the report will show a surplus for
the twelve months of $600,000.
Outstand'g.
Maturity.
20,000 shs., )
See text.
$6 J - J J $29 paid in.
I
J
July
1st mortgage, ($500 5
1, 1909
1879 6% J- J
$290,000
.
and $1,000)
c. ( Interest at Land, T. & T. Co., Philadelphia, Pa.
Due leasee for additions July 1, 1898. $672,568.
Bonds are subject to drawings of $20,000 Dec, 1, yearly. Trustee
Land Title & Trust Co. Own 10-07 miles of track.
.
(4)
.
.
ELECTRIC TRACTION-
OrQanization—Incorporated May
8, 1893, and acquired control of
the Citizens' Passenger Ry.. the Frankford & Southwark Passenger Ry.
and the Second & Third Street Passenger Ry.
In 1895 the Union Traction Company purchased practically all the
stock at the rate of $85 per share for each sliare on which $50 had
been paid and $70 per share for each share on which $30 had been
paid, the Pennsylvania Co. for Insurance on Lives & Granting AnnuiOn July 1.
ties issuing therefor its guaranteed trust certilioatea.
1896, the Union Traction Co. leased the property for 998 years and 3
months.
See V. 61,
&
p. 197,
Bonds—
Par.
^tock (part $30 pd.)
$.50
Stock
and also "Union Traction."
Dividends.
Fundeddebt
Outstand'g.
Iss^ied.
$8,297,920
2»2,100
282,100
7
Stock authorized, 175,000 shares of $50 each; issued, 152,396 shares
of $50 paid and $22,604 shares of $30 paid, making total $8,297,920.
Road— On June 30, 1898, operated 120-92 miles of track. Rail 90 lbs.
Annual Report— Report for year ending June 30, 1896, with balance
sheet, was given in V. 63, p. 557, under "Union Traction."— V. 63, p. JS7(5)
EMPIRE PASSENGER RAILWAY— A trolley road.
Leased Dec. 26, 1873.
10, 1869.
Railway Company and the Seventeenth and
Nineteenth Street Pas.sengcr Railway Company for 999 years. Transferred Oct. 1, 18:)5. along with all right to dividends on 6,100 shares
of its stock [then held by tlie Union Passenger Railway Co. as trusfiee
and lessee], by loa.se of Philadelphia Traction to the Union Traction Co
Organization— Incorporated Feb.
to Citizens' Pa.saenger
Stock
&
Bonds—
Stock, par .$50
Miles. Date, interest.
(All own. ly Uu. Tr.)
IS''"
7 J-J
5
-lotM
<t-innnnnr-,nnw
i8tM.,$.J00,000(.,00).c.Jj^j^^g^j,^^p,ji,^
track.
Annual Report— Fiscal year ends June
PASSENGER RAILWAY—
Organization-Incorporated March 25, 1858. Leased to Frankford
ft Southwark Passenger Railway Company April
1, 1892. for 999
years; rental now $140,000 per annum, equal to 28 per cent on stock,
or $14 per $50 share. This lease was assumed by the Electric Traction
Company July 1, 1893. The Union Traction now operates the road.
Maturity.
Stock & Bonds— Miles. Date, interest. Outstand'g.
Organization— Incorporated
UNION TRACTION.-A trolley road.
&
(2) CITIZENS
Due
Outst'n'a.
Maturity.
$600,000
200,000
Jul v, 1900
,prj^j,t
f,„
P^ila,le,p{,,^,Pa.
lessee Co. for additions July 1, 1898, $705,715.
10-25 miles of track.
Road— Owns
:
(G)
FRANKFORD & SOUTHWARK PASSENGER RAILWAY-
ORGAN IZATION— Incorporated April 4, 18.54. Aciiulred .stock of Lom* South Streets Passenger Railway in 1890 and secured control
bard
JS
:
J
;
'
STREET RAILWAYS.
70
to the Electric Traction Co
the Lehigh Ave. Railway In 1893. Leased
for the several years named
dividends
for 999 years from July 1. 1893,
^hare:
per
below heingg,u^rauteed
,oth Rafter.
^^^^
^^^^
m
Jf2 $ll^50
$13 50 111 $14 50 $15
$18
$16 $17
TracUonCo):
Debt of Controlled Lines (a^suwed by Elertric
5xJ-D
150,000^
1881
10
south
&
LomharJ
^
SH
^r Ir00^&l5^0^':c
loans payable by
1
Interest on
Mo?tgal|?ruJte^e. Phila. TruVt
S. !>•
(11) PEOPLE'S
all
Stock. Etc.-
I- Co.
&
Par.
Bonds—
Faii-m'nt Pk.
&
Int'st.
Date.
Q-J
$50
500
ToSlel!
1 mj}e|J
Del.
Outsand'g.
See text.
June 1, 1904
$67,500
Oct. 1. 18f9
160,000
Company,
Deposit
Safe
J-D
.
r
$1,000
i
'
$50
500
lstmort.,ext'd..c.
r. 500,&o
DebenUires
$7i«J-J
1861 5% J-
&
& Safe Deposit Company.
Owns 7
miles of road.
HESTONVILLE MANTUA & FAIRMOUNT
PASS.
Bonds-
Stock
management.
rental of $60,000. interest on bonds, and expense of
O"'*'?:*'^^'- ,
Inlere
Date.
^H^s.
^L"''^I2LK'
Bonds•^TOCK ex DuiNuo
oiuoK
Bee text.
5 10,000 shs.)
*^ ^ JT
$6 Q
Stock,par$50
3%
j $i5pdin. \
mortgage for $100,000 which fell due July 15, 1898.
(Q.- J.)
&
Date, interest
People's
ORQANIZATION-Incorporated April 21. 1858. Leased to
at an annual
1881,
Sept.
from
1.
years
999
for
Railway
Passenger
annum
©Safd^iB.^
Par.
STOCK
GREEN & COATES STREETS PHILA. PASSENGER RY.-
per
;-•
>
was de-
(12) PHILADELPHIA CITY
West PhilaORQANIZATION-Incorporated April 9, 1859. Leased to
1, 1884,
Jan.
from
years
for
900
4elphla Passenger Railway Company
dividend ol
and
organization
for
year
per
for interest on bonds, $2,500
Philadelphia Traction Co.
$7 50 per share. Transferred under lease of
Co.
Traction
Oct. 1. 1895, to the Union
the Roxborough
line to Norristown.
p. c.
«-*«^^-
Jnaaakh^
PASSENGER RY.-A trolley road.
^„ ^ . ^
Tini
Extension of 2,000 feet from Hillwith
forms,
September, 1898,
crest Avenue to city line completed in
Chestnut Hill & Norristown Passenger Ry. a through
Dividends are 12
c
yearly, beginning Feb. 1, 1903.
To distribute surplus from past operations, in August, 1896,
clared a dividend of 4^2 per cent per annum.
per share on 10,000 shares.
ROAD-Owns 31 miles of track.
There was a
Mortgage trustee, Fidelity Insurance Trust
^"'"'*"^-
^''>''^'"'^'-
ited,
Maluriti/,
See text.
1864
1879 5 A-O
Trust &
Interest on both loans at Guarantee
subject in each case to deduction of State tax.
shares and $3S
s/ocfc-Paidin $572,800; $15 per share on 20,000
RiverPass.Ry.M.r
Pass. M.
Gennant'n
,er.iiau...x^.,.
5
road.
4g.F.-A. abt$5',807.970 Feb! 1945
Truf(^rt?!iold.>
Insur1893,«o/subje'tWn(eres/, tax free, payable at Penn. Co. for
trustee.
etc.,
Lives,
on
ances
to call, $1,000 )
and are seTrust certificates were issued by Pa. Co. for Ins., etc.,
company
that
(see
stock
Ry.
Passenger
cured by pledge of People's
which guarantees
abovel, and by contract of People's Traction Co.,
shares deposprincipal and Interest. Issue limited to $1,000 for 142^
fund $25,000
Sinking
$5,810,000.
authorized
making total
;
Stock
^''^^-
''"^jreetextVI
PASSENGER RAILWAY -A trolley road
(7) GERMANTOWN
Oct. 1, 188V
ORQANIZATION-Incorporated April 21, 1858. Leased
for 999 years, but rental
Company
Railway
Passenger
People's
to tSe
dividends yearly of $5 25
modified in 1893 stock after 1897 receives
per share.
Stock
TRACTION— An electric
In March,
Orqanization-A Pennsylvania corporation, chartered
Ry,,.
Passenger
People's
1893, to operate and equip with trolley the
th©
1895,
In
Oct.,
purchased.
it
which
of
nearly the entire capital stock
at $76
Union Traction Company acquired practically all Traction stock
Annuities issuing
per share, the Pa. Co. for Ins. on Lives & Granting
the Union
therefor its guaranteed trust certificates. On July 1, 1896,
(See
months.
three
and
Traction also leased the road for 998 years
Supplement.)
"Union Traction" Co.. this
J
Eleo. Tr. Co.. 421 Chestnut St.,Phila.
follows
as
45 miles of track, acauired
ROAD-Controls
FranMord & Southwark Passsenger Railway
Lombard & South Streets Passenger Railway
Lehigh Avenue Railway
(8)
)
Road—Owns
Maturity.
Chilsland'g.
5
I
5%M-b
20,000 shs.,
$23 75 paid
$200,000
100,000
See text.
J
Jan.
1, 191(>
ll-7 miles of track.
RAILWAY-A trolley road.
(13) PHILADELPHIA & DARBY
PM^'^e;ORQANIZATION-Incorporated May 2, 1881. Leased to the
Jan.
from
1, i»7U»
years
phla City Passenger Railway Company for 999
leas©
under
Transferred
bonds.
on
interest
for $8,000 per annum and
Co.
Traction
Union
of Philadelphia Traction Co. Oct. 1, 1895, to
STOCK
A
Date, interest.
Miles.
Bonds-
4 J-J
Stock, par $50
Ist
RY.-
mortgage
Road— Owns
c
interest at Land, T.
14-80 miles track.
\
OuMaruVg. Maturity.
$200,000
See text.
j^—
^"f^g^T
& T. Co.. Philadelphia, Pa.
GRAY'S FERRY PASS. RY.-Trolley.
(14) PHILADELPHIA &
perpetual.
ORQANIZATION-Incorporated April 6, 1859. Franchise is
years,
ORQANiZATlON-Leased to Philadelphia Traction Co. for 999
Union
LEASE-Hestonville M. & F. road leased from Jan. 1, 1893, to
per share
50
or
$3
$^43,225,
years,
five
1st
rental
and 4 from Jan. 1, 1891. at
Traction for 999 years at a rental of 6 per cent on the preferred
annum thereafter th©
the Fair- per annum, and $49,400, or $4 per share per
lease
the
of
terms
the
By
stock.
common
the
per cent on
Operated by Union
etc.
expenses,
all taxes, running
mount Park & Haddington lease is assigned to the Union Traction lessee to pay
1895.
1,
October
since
by Traction Company
which assumes the dividends guaranteed on that stock (all owned
^«*'
debt of
.
,
Hestonville Co). The Union Traction assumes the bonled
STOCK & BONDS- J»«*. i>«'«- Int.
^fg'"^**;^^';;
4,780
purchased
and
J-J
companies
^'' ''^'
$4
both the Hestonville and Haddington
Stock, par $50
j ab^f|25'pd: \
stock,
shares of the preferred and 35,294 of the common Hestonville
Owns 10 miles of track.
Dividends at Real Estate Title Ins & Tr. Co.
June 30,
the common at $45 per $50 share.- V. 66, p. 236. "Loans"
TRACTION— A trolley road.
1898, $100,000.
(15) PHILADELPHIA
control
^''*'"'''y^''''ORQANIZATION-Incorporated August 21, 1883, and secured
Stock & BONDS^''^^'''''l^ii%ri00)'
miles
210
(about
Pa.
text.
See
Philadelphia,
* J" "^ ^ pai-tpd. in. f
Common stock, par $50
of an extensive system of roads in
of securities,
ownership
or
lease
text.
by
See
either
held
f.
p.
6 J- J 533,900
of track), which it
Preferred stock, par $50
dated
July 1, 1901
124,500
Fairmount Pass Ry. 1st... 1861 6 JUnder the lease to the Union Traction Company
not in fee.
1902
Mar.
1,
75,000
assigned
6 M1882
were
owned
securities
the
and
leases
Hest. Man. & F. 2d M.cx | ""interest at Guarantee Trust Co^rPhHa
October 1, 1895, all the
May 1, 1924 to the Union Company, which assumes all liabilities for rentals, et^-.
1.050,500
Consol. M.. $1,2.50,000 J 1894 5gM-N
999 years from
Life Ins. An. & Tr. Co.
g., $500 & $1,000. c*x I Trustee, Girard
CONSOLIDATION-The lease to Union Traction Co. Is for
o.) per annum
of
p.
dividends
$4
(8
for
Guaranteed rental 999 year lease—
provides
lease
Oct 1895 The
collateral
The
Fairmount Pk.&Had'gt'ns ---• o^
taxes.
text.
of
See
300.000
-*
^""'
e-'F-A
on each $50 share, payable in gold coin, free
Pass. Ky. Sfk, par $50. 1
663. tor
V.
See
61,
p.
"
Traction.
Union
the
by
trust 4s are assumed"
Interest is payable in Philadelphia, x Free of tax.
allowed
were
stockholders
Philadelphia Traction
Common stock authorized, 39,322 shares preferred, 10,678 shares extracts from lease.
also
and
197,
V.
See
61,
p.
stock.
to subscribe for new Union Traction
par value of each, $50 stock outstanding as in table.
"
Supplement
this
Co.
Union Traction
Consolidated mortgage for $1,250,000 was executed in 1894, of which
^^attirity.
Outstanding.
Interest.
preDale.
.i^i»
QxnrK*
BONDSBufflcient reserved for prior liens when due, and remainder, as also
» puNua
bTOCK
See text.
a
\ n
«'2n 000 000
(par
$50).
stock
...
8
Capital
equipment.
electrical
i
expense
of
15 1917
4^^'
q
J.^'
ooo
Auar
^^^-^^O^^O f^^S-^^'J,-}^'
ferred stock, sold to meet
F.-A.15
4
g.
1887
)
bonds
LandT&T.Co.
leased Col trust gold
Philadelphia;
at
in
payable
17-83
of
track
miles
tax
of
owned
free
Road
Interest,
J
Raod—
at 105c'' J
clu ai,
Sub to y.a,ii
BUD.w
Trustee, Penu. Co. for Insurance on Lives.
and operated 6-25 miles; total, 24-08 miles.
$3,914,196
--:--•;•
1,
-98
accts. July
RAILWAY.— Open bonds are secured by deposit of W. Philadelphia and Union Pas(9^) LOMBARD A SOUTH STREET PASSENGER
The
reduced to Present
See Frankford & Southwark Passenger Railway.
aenger Ry. stock. Loan originally $1,300,000.
(about $35,000 a year). These
road.
kgures by sinkirg fund drawings at 105
(10) PEOPLE'S PASSENGER RAILWAY.—An electric
by the Union Traction Co.
"assumed"
floating debt are
Organization- Of the capital stock the People's Traction has ac- bonds and
quired 56,122 shares of common and all the 23,000 shares of preferred. under the lease.
since.
annum DlVIDENDS- 5 1885 '86 •87. '88, '89, '90 to ?93, '94, 95"96, andper
Lea.sed July 1, 1896, to Union Traction Co. at 10 per cent per
an
4*
5*
p. c.
8
(?)
8
6
6^
3
Percent
on capital stock ($2-50 per share) as below shown, nearly all of which
guaranteed. V. 61, p. 663.
(9)
f
i
'^
;
;
'
>^
=i
^2
pledged for People's Traction Co. trust certificates.
Malurily.
Outstand'g.
<5TnrK A. Bonds— Dale. Interest.
See text.
10%M-S 31 a60,000 shs
Common stock $25
See text.
10%M-S31 a23,000 shs
Preferred stock $25
Jan. 15, 190a
2.50.000
1875 7J.-J.15
o
Ist mortgage
458,000 July 15, 1911
1881 5 1.- J. 15
c
2dmortga|e
1, 1912
367,000 Mar.
Con.M.$i;i2.5,000...J 1882 5 M.-S.
c&r $ Tru-,lee Guarantee Tru.st & Safe Deposit Co.
$1,000
Is
.
a Total stock paid in $1,017,402.
All interest at the office of tue Real Estate Title & Tr. Co. Due People's
Traction Co. July 1, 1898, for construction and equipment, $5,538, ">95.
The stock acquired by the People's Traction Co. was pledged as
security for trust certificates. See People's Traction.
Road— Company operates 83-66 miles of track, of which 6-4 miles
owned and 77-26 miles leased and operated.
Annual report— Report to State of Pennsylvanlafor year ending
June30, 1896, wasinV. 63, p. 557, under "Union Traction."- V. 61,
p.
469
;
V. 63, p. 557-
Under lease dividends
of 8 p.
c.
are
STOCK-The total authorized stock is $30,000,000.
Traction Co. aggre
ROAD-The sy.stem now assigned to the Union
Railways
following " Passenger
gated 210 miles, consisting of the
Miles.
Union Passenger Ry
West Phila. Pass. Ry
Ridge Ave. Pass. Ry...
Phila. & Darby Pass. Ry
13th & 15th Streets
Phila.
& Gray's Ferry
Continental Pass.
Ry
52-0.1
27 25
i5;^o
14 80
1310
10 20
Phila. City Pass. Ry
17th & 19th Streets
& Allegheny
Morris ATasker
Catharine & Bainbridge
Other lines
:^_
Miles.
:...
22d
9'»o
»'»"
sts.
9-45
8-84
8"^»
7*30
S'l^
1°'°**
21000
Total of all
Pass. Ry
Empire
_
June 30, 1897, with balANNUAL REPORT.-Report for year ending
"
63, p. 311, j-/?.
Tractlon."-V.
Union
under
sheet. was in V. 65. p. 514,
PASSENGER RAILWAY.
(16) RIDGE AVENUE
Railway
ORQANIZATION-Consolldation of Girard College Passenger
March 8,
on
Railway
Passenger
Manayunk
&
Avenue
and the Ridge
STKEET RAILWAYS.
UNITED POWER & TRANSPORTATION
1872. Leased to the Philadelphia JTraction Co. for 999 years from
Bept 1,1892, for dividend of $10 per share per annum to September,
1895, and $12 per share thereafter. Operated by Union Traction
Company since October 1, 1895.
&
Stock
Bonds— Jf<'«*-
^a<e.
interest.
^12Q-J
"^^^^•$Po'^:'.".^(
On account of
Ontstand'g.
Lasldiv.,eU..
I'l^il^t]
see text.
CO.— Electric roads.
Bonds— Jf^is.
Da<e.
Maturity.
See text.
$25 paid.
(
let M. ($500)... c)
....
1876 5%J-J
$100,000
July 1,1919
Extended
interest at Land, T. & T. Co., Philadelphia, Pa.
Due lessee for additions July 1, 1898, $554,289.
Road Owns 884 miles of track.
STS. PASS. RY.-A trolley road
Orqanization—Incorporated April 8, 1858. Leased Jan. 1, 1892, to
Philadelphia Traction Company for following rental: Fiom Jancary,
;
$10 per
&
(1)
i
Organization- Incorporated April
8. 1864.
Leased to Philadelphia
999 years from June 30, 1884, at an annual
rental of $285,000, or $9 50 per share on stock, and interest, taxes, etc,
Traction
Company
for
Its lease of the Continental
Company was
assigned to the Philadelphia
Traction Co. and since Oct. 1, 1895, operated by the Union Traction Co.
The Union Passenger Railway Co. in 1898, it is believed, was still
holding as lessee and trustee 6,100 shares Empire Passenger Railway stock and 10,000 shares of 17th & 19th Streets Passenger Railway.
Stock
Bonds— Miles. Date, interest. Outstanding. Maturity.
Stock, par $50
I ^^'^^ ^30,833 shs.,^
text.
^^^ 1^*'*^ '"• ) See
Dividends paid at 423 Walnut St
(
1st mortgage ($100 >
18815xA-0 $500,000 Mar.31,1911
&
and
$20,000 redeemable yearly.
o. for InsnrHnces on Lives.
2d mortgage (.$100)
1884 5xA-0
250,000
Mar.31,1910
and $500)
c. > Int. on both loans at Land,T. &T. Co.,Pliila., Pa.
Due lessee company for additions July 1, 1898, $6,083,287.
Road— Owns 56 miles of track.
.$500)
c.
]
Trustee. Penn.
(21)
(
WEST PHILADELPHIA PASSENGER RY.—Cal>le and horse.
Organization- Incorporated May
14, 1857. Lea.sed Jan. 1, 1884, to
the Philadelphia Traction Co. for 999 years, at an annual rental of
$150,000, or 20 per cent on stock, and interest, taxes, etc. Operatloo
tran-<ferred Oct. 1, 1895, to Union Traction Co.
Stock
Bonds— Miles. Date. Interest. Outstand'g. Maturity.
Stock. par$50
$10 J-J $7.'J0,000
See text.
l8t mort. ($1,000), <
1876
246,000 April 1, 1906
gold
cl Mort. trustee, Oirard Life In. An.&Tr. Co., Phlla.
&
6A-0
admort.
Fr<-fi
1886
M-N
750,000
May 1, 1926
ii-v
Mortgage trustee, Pennsylvania Co. for the Ins
of Llfe&Gr. of Annuities, Philadelphia, Pa.
(
on both loans payable at Land,T. &T. Co., Philadelphia, Pa.
($1,000).. c 5
frfim tav
i
.5
Interest
Due lessee for additions to July, 1898, $2,434,276.
Road— Owns 27-25 miles of track.
DELAWARE COUNTY & PHILADELPHIA ELECTRIC RY.—
A trolley road.
Organization— Completed from Media,
;
UNION PASSENGER RAILWAY—A cable and horse road.
4,962
Building, Philadelphia.-V. 68, p. 830, 929, 1078, 1136, 1184, 12v8;
V. 69, p. 29, 13 <.
.
(20)
50,000
4.000
40,000
5,100
issued), the
THIRTEENTH & FIFTEENTH
Real estate mtges
90,000
Dividend in July, 1895, $5 per share the January, 1896, dividend
was not paid owing to payment of city's claim for paving. V. 61, p.
1155. In July, 1896, paid $4 per share; in 1897, Jan., $5 per share In
full for last half of 1896; July, $5 50 per share; in 1898, Jan., $5 50.
July, *5 50; in 1899, Jan., $5 50; July, $5 50.
Interest and dividenas are payable at office of the Fidelity Insurance
Trust & Safe Deposit Co., the trustee of both mortgages.
The consols are guaranteed principal and Interest by the Philadelphia Traction Company, and the coupons are payable tax free.
Road— Owns 15 miles of track. Extension to League Island operated
from March 13. 1898. See Union Traction report In V. 67, p. 734.—
49,538
3,893
39,993
833 34 Delaware County Railwav Gold Trust Certificates have been
United Power & Trausiiortation Company has deposited
with the said trust company, as trus ee, 5,993 shares Delaware
County & Philadelphia Electric Railway Co.
Under the above agi-eement an additional amount of $1,166 66 of
certificates will be issued upon deposit with the trustee of the remaining shares of the capital stock of the Delaware County & Philadelphia Electric Railway Company.
Officers.— President. John A. Rigg; Vioe-Prests., R. N. CarsonGeneral otBces, Bullitt
H. C. Moore; Sec. and Treas., E. J. Moore.
—
1892, lo January, 1894, $9 per share per annum 1894 to Jan., 1897,
share; 1897 to Jan., 1900, $11 per share, and from Jan., 1900,
$12 per share. Lease transferred to Union Traction October 1, 1895.
Stock
Bonds— Miles. Date, interest. Outstand'g. Maturity
shs
Stock,par$50
$11 J-J J ?0.P00
$16 75 pd.l See text.
1st M. ($500)
c
187670/6 A-O
$100,000
Oct. 1, 1903
Consols ($500,000).)
, „„
.„, , .
$400,000
Jan. 1, 1934
^^^* 5% J-J
guar. p. (fei
c.\
& Power Co.
&
'
(19)
Total
Stock.
authorized, $12,500,090; present issue,
$3,125,010; shares $25, with 40 per cent, or $10 per share, called.
Bonds, 4 per cent collateral trust certitieates, are in two series, which
we have marked (a) and (6) below.
(ft) Under a Trust Agreement between the United Power & Transportation Comi^any and the New Yorn: Securitj' & Trust Company,
trustee, dated May 1, 1899 (under which $7,788,797 United Rail
ways Gold Trust Certificates have been issued by the said trust company as trustee), the United Power & Transportation Company has
deposited with said trust company 19,953 shares Trenton Street
Railway Ci)miiany, 39,993 shares Wilmington & Chester Traction
Company, 14.992 shares Holmesburg Tacony & Frankford Electric
Riilway Co., 7,991 shares the United Traction Company of Reading,
Pa., 4,962 shares the Wilmington Ciby Electric Company and 49,538
shares the Wilkes Barre & Wyoming Valley Traction Company.
Under the above agreement, an additional amount of $56,203 ot certificates will be issued upon deposit with the trustee of the remaining
shares of the capital stock of the above companies
(6) Under a Trust Agreement between the United Power & TransTrust
portation Company and the Real Esta*e Title Insurance
Company of Philadelphia, dated May 1, 1899 (under which $998,-
PASSENGER RY.—
Outstand'g.
10,000 shs.
JIO.C
J-
also the
Stock and Bonds.— Stock
12, 1859.
int.
3%
ctric Light
Wilmington City Electric
Traction Co.
&
l-;i
Wilkesbarre <fe Wyoming Valley Traction
Wilkosbarre Dallas & Harvev's Lake Ry
Wilmington & Chester Traction
Leased to the Continental Passenger Railway Co. for 99 years from July 1, 1879, at rental
of $15,000 per anniun, being 3 per cent on 10,000 shares (of $50 par)
stock, interest on bonds, taxes, expenses, etc. Transferred under lease
of Philadelphia Ti-action Co., October 1, 1895, to the Union Tractlou
Company; all rights of the Philadelphia Traction Co. to dividends on
the 10,000 shares of the 17th & 19th Streets road, which were thMi
held by the Union Passenger Railway Co. as trustee and lessee, being
Iso transferred to the Union Company. Stock all owned by Union
Stock
show
ti^;
\
Stock, par $50
We
Hha^es. Sha-es.
of Delaware Co... 6,194
7,000
Delaware County & Philadelphia Electric Ry
.
5,993
6,000
Edison E ectric Illuminating (Jo. of Lebanon, Pa
9,891 10,000
Holmesburg Tacony & Frankford Electric Ry. Co
14.992 15,000
Lebanon Valley Street Ry. Co
9,991 10,000
Roxboro Chestnut Hill
Norristown Ry. Co
3,938
4,000
Trenton Street Ry...
19.953 20,00 »
United Traction To. of Reading, Pa
7.991
8,000
Citizens'
1893.
1894-95.
1896-97.
1898-99.
1900.
1901.
1902 & aft.
$8 .=i0
See below.
$9
$10
$11
$10 50
$12
Dividends in 1896 and 1897 were to be $9 50 per annum, but the
dividend for 1896 and for the first half of 1897 was at the rate of $9
per share instead of $9 50, the balance being applied to the payment
of the debt of $27,000 Incurred for paving.— V. 62, p. 785.
This lease was assumed by Electric Traction Co. July 1, 1893.
Stock & Bonds— Date, interest.
Outstand'g.
Last div, etc.
Text
In.
Q-J
pd.
$771,076
See text.
sharls^par $50.^*
STS.
laws to construct, operate
etc., and do a general
power companies,
Owned.
SECOND & THIRD STREET PASSENGER RAILWAYORGANIZATION— Incorporated April 10, 1853. Leased Oct. 1, 1893
to the Frankford & Southwark Passenger Railway Company for 999
years for the following guaranteed dividends per share per annum:
SEVENTEENTH & NINETEENTH
street railways,
business (V. 68, p. 929).
On August 7, 1899, owned the following stocks.
total stock outstanding of each of the companies.
(17)
Organization- Incorporated April
New Jersey
Incorporated in 1899 under
and own
some old debts dividends for 1896 Tvere continued
at $10 per share instead of the $12 as noted above. In 1897 dividends
were Increased to $12 per share. Owns 15-25 miles of track.
(18)
71
Pa., to Baltimore
Avenue,
&
Walnut
Philadelphia, in January, 1895 connects with the Chestnut
Street cars of the Union Traction system. In Dec, 1898, additional
lines through Delaware County were proposed and is to have a connection with the Chester & Media. In May the United Power & Trans
portation Company acquired the road, paying $15o per share for the
stock in its 4 per cent trust certificates secured by a deposit of the
;
stook.
Stock
&
Bonds—
Date,
Stock, $500,000 auth
, ^
1st
^„„„^
mortgage
5
^
Dividends— On Feb.
Outstanding.
interest.
Maturity.
See text.
$298,000
July 1, 1913
64,000
1893
6 J-J
Interest at Independence Nat. Bank, PhUa.
6,
1899, 4 p.
c.
was
paid.
Rails 80-lb. T and girder.
Earnings-For year ending June 30, 1898, gross, $68,477; net,
$35,458; interest, taxes, etc., $6,762; dividend, $23,600; balance, surplus for year, $5,096. In 1896-7, gross, $63,258 net, $31,164.
Officers— President, John A. Rigg; Vice-President, H. C. Moore;
Treasm-er, M. V. Aulenbach, Secretary, B. F. Abbott.
Road—Jan.
l,
1899,
owned 10
miles.
;
(2)
A
HOLMESBURG TACONY & FRiNKFORD ELECTRIC RY.—
trolley road.
Acquired in 1891 by United Power & Transportation Co. Paid $35
4 per cent trust certificates for each $50 share of the Holmesburg Co.
Organization- Incorporated in 1890. Opened Oct. 6, 1895.
la
Stock
&
Bonds—
Date.
Stock (par $50) $800,000
interest.
Outstand'g.
Maturity.
$7.'i0.000
< 1895
400,000 May, 1926
5g. M-N
c* I
Trustee. West Phlla. Title & Trust Co.
$1,000 and .$500
Interest Is paid at R. K. Title Ins. & Tr. Co., PhUadelphla.
Road—Total track owned. 1618 miles; track leased. 111 miles.
Earnings- For year ending June 30, 1898, gross, $94,606; net,
f 14,793; int., taxes, etc., $25,592; balance, deficit, for year, $14,799.
Officers.— President, John A. Rigg; Vice-President, R. N. Carson;
Treasurer, M. V. Aulenbach.
l8tmort.,.$400,000,gold,
LEBANON VALLEY STREET RAILWAY.— A trolley road.
Organization.— A consolidation in 1899 of the Lebanon & AnnvlUe
(;})
& Myerstown Street Railway. The
Transportation Co. owns 9,991 shares oat of the 10,000 shares of the capital stock.
Street Railway and the Lebanon
United Power
&
<fe
Maturity.
Date. Interest. Oulsinnd'g.
Stock
Bonds—
$^()).0()0
Stock, $500,000 (per f 50)
400,000 July 1. 1929
Isi mort. 10-308
1899
5
Road— Owns 23 miles of track.
Officers— President, 8. P. Light: M. V. Aulenbach.
STEEET RAILWAYS.
72
(4)
A
ROXBOROLGH CHESTNUT HILL
Ai
NORRIJTOWN RY.-
LEASED LINES SECUR'S. Par. Date.
The United Power & Transport ition Co. owns 3,938 out
of tlie 4,000
shares of the capital stock.
Organization— In February, 1898, arranged
to lease the
Wissa
on the
hlokon Electric, 3 i-j miles, for 999 years; rental to be 2 p. c.
$145,800 stock for the tlrst two yeai s, 3 p. c. for the next six years, 4
p. o. for the next seven years and 5 p. c. for the rest of the
term. Now operates 20 miles of track. In June, 1896, filed a
mortgage for $450,000 to the Real Estate Title Insurance & Trust Co.,
Philadelphia, securing 5 per cent gold bonds, J&D.due in 1926, of which
$396,000 were outstanding July 1, 1898. Capital stock, $200,0:0;
Latest Earninqs--5
mos., ) 1899
Gross. $36,855; net, $9,091
Jan. 1 to May 31.
Grcss, 34,151; net, 9,460
51898
Fixed charges 12 months, $26,13 S in 1898; $22,669 in 1897.
For year ending June 30, 1808, gross, $95,94<l net, $37,191; interest, etc., $24,229 balance, surplus for year, $12,962. President, J. A.
Risjg, Vice-President, R. N. Carson; Treasurer, M. V. Auleubaoh;
Secretary, B. F. Abbott.— V. 62, p. 1042.
;
IstM
1889
East Reading Elect. Ry.
Stock, full paid
Bonds, $25.000
Read. &Temple Elec.Ry.
Stock, $75,000, guar
TRENTON STREET RY-Trjlley.
owns 19,953 out of
Organization— Formed June
portation Co.
The United Power
&
Trans-
the 20,000 shares of stock.
&
Bonds—
Maturity, etc
$1,000,000
1906 to 1915
$100,000
f
($10,000 due yearly Sept. 30)
1916 to 1925
$150,000
eg.A-O'l ($15,000 due yearly Sept. 30)
1926 to 1930
$100,000
($20,000 due yearly Sept. 30)
Sept.
$650,000
30, 1931
July 1,1938
5g.J-J
$752,000
5 1898
Unt. in Phil. & Trenton; Gir. L. Ins., &c., trus.
Date.
Interest. Oatstuiid'g.
Outslund'g.
stock, $1,000,000, p. $50
Tr. Pass. First mort
$1,000,000, gold
$1,000 each, c*
Interest at Nat. Mechan. ^ 1891
Bank, Trenton, N. J.
)
I
I
|
I
1
)
Consol. mort., gold
$2,000,000
Bonds— Of the consol. 48 of 1898, $1,000,000 are reserved to retire
the let 68, and $248,000 are held in the treasury for future extensions.
Road— Owns 34 miles of track. The new tracks have 90-lb. Johneon girder rails. Has power house of sufficient dimensions to operate the system and also to light the city.
Earnings.—Year ending Dec. 31, 1898,
gros.s,
$247,051; net, $16,
281.
Officers— President, Henry
C.
Moore; Vice-President, Thomas
Barr; Secretary and Treasurer, Jno. L. Kuser.— V. 68,
(6) UNITED TRACTION—
In 1899 control acquired by the United Power
p.
C
284, 475.
& Transportation Co.,
which holds 7,991 out of the 8,000 eharee of stock. Stockholders were
given $75 in 4 per cent collateral trust bonds of the Power & Transportation Co. for every $50 of United Traction Co. stock held, with
right to subscribe for Power & Transportation stock.
Organization— Incorporated in December, 1895, to control the
Reading Traction (leased) and Reading & Womelsdorf Electric (stock
owned) roads. Also owns the stock of the Metropolitan Electric Co.
In Jan., 1899, the Reading Traction Co. was reported to have aoqulred
control of tlie Reading & Southwestern Ry.
Dale.
int.
OiUstand'g. Maturity.
Stock and Bonds—
Stock, $400,000 (par, $50)
$103,700 full nd
lstM.,coU. trust, gold, $150,-) 1896 5gJ-J 149,900
Jan.1,1926
000 (par$100& $1,000).... jTru.stee, R. E. Title, Ins. & Trust, Phila.
Interest at Co.'s office. Bonds subject to call at par after three years
Road— Operates
48 miles of track (Reading Traction, 31 miles,
Beading <fc Womelsdorf Elec, 14 miles) in and between Reading;
Womelsdorf. Black Bear and Stony Creek; Reading & Southwestern,
7 miles. In 1899 extension from Stony Creek to Friedeneburg, 6
miles, reported to be propoted.
A-0
J-J
50
1897
5 p.
c.
$350,000
118,000
Apr., 1009
100,000
21,500
See text.
July 1, 1937
See text.
See text
7 A-O
43,200
43,500 Oct. 1, 1924
1894
5 A-O
Dividends on Leased Line Stocks—The Reading City Passenger stock
to receive dividends, 1896 to 1899 inclusive, 10 per cent; 1900 and
thereafter, 12 percent. East Reading stock receives dividends: 1896,
$6,500; 1897 to 1900 Inclusive, $7,000; thereafter, $8,000.
31, 1898, gross receipts, $430,956'
net, $170,637; fixed ohari,'es, $166,517; bal., surplus for year, $4,120.
Car mileage, 1,115,198; passengers carried. 4,655,028.
Road- Owned and
Reading
&
leased 31 miles of track.
Southwestern owned 7 miles.
The
V. 64, p. 177.
READING & WOMELSDORF ELECTRIC RAILWAY.
(b)
Organization, Etc.— Owns 14 miles of track. Controlled throng
ownership of stock by the United Traction Co., which operates the road»
&
Stock
Stock
29, 1898, by consolidation of the
Trenton Passenger Ry., Mulberry St. Pass. Ry., Pennington Ave.
Pass. Ry. and Ewing Pass. Ry. See also Trenton Traction Company.
In August, 1 899, the Mercer County Traction Co. was formed, with
a capital of $100,000, to enable the Trenton Street Ry. Co. to build an
extension into Princeton.
On Feb. 1, 1899, the consolidation of the electric companies of Tren'on went into effect under the title of the Trenton Gas & Electric Co.,
the officers being the same as those of Trenton St. R .—V. 68, p. 284.
5
1st mtg., $75,000
;
Stock
J-J
$50
Stock (see below)
Earnings— For year ending Dec.
par, $50.
(5)
Interest Oulstand'g. Last div., etc.
Reading City Pass. Ry.
trolley road.
Bonds—
Date.
Interest.
Outsland'g.
Maturity.
$500,000
313,000 Jan.
1st
mortgage, $400,000,5 1895 5 g. J-J
gold, c* ($1 00, etc.)
\ Trustee, Real Est. Title Ins.
Interest at Reading Trust Co. of Reading, Pa.
1925
1,
& Tr.,
Phila.
(7) WILKE3BARRE & WYOMING VALLEY TRACTION.— The
United Power & Transportation owns 49,538 out of the 50,000 shares
of stock.
all the street railway lines in the Wyoming
from Wilkesbarre to Duryea and Nanticoke on
east side of Susquehanna River and Pittston, Plymouth, on west side.
Organization— Controls
Valley, Pa., extending
Bonds -
&
Maturity.
Outsland'g.
See text.
$5,000,000
1921
1,500,000 Apr. 1, 1:
1^91 5g. A-O
iRtM
4S1 500,000,
500 000 fl-nlri
M. *!,
gold. \
let
^ lutei-est at Provident Life & Trust, Phila
Jan. 1, 1925
OoUat. Tr. & Mortgage 5 1895 5g. J - J
$325,000
$325,000, gold
I Int. at Anthracite Sav. Bk., tr., WUkesbarre.
Underlying Bonds on Roads Purchased—
Coalville Pass. Ry. bds
12,000
^
Wilkesb. & Surb.
bonds.
40,000
5p
Wilkesb. & W. Side bds.
35,000
Onaranteed bonds
Dec. 1, 1918
Pittston St. Car 1st
$200,000
1893
J-D
6g.
?
p.&i. uncondit'y guar, i Int. at Real Estate L. & Tr. Co., Philadelphia,
PlymouthBr. Co.lstgold5 1894 5g.A-0
Oct. 1. 1924
$150,000
M.$150,000, guar.p.&i. ( Int. at Anthracite Sav. Bk., trustee, Wilkesb.
$10,000 subj. to caU in 1904 and $3,000 yearly thereafter.
Wilkesbarre & Kingston
90,000
6 F-A
See below.
Wllkesb're & E. Side Ry
1 50,000
Dividends—In 1896, Jan., l per cent; July, 1 percent; in 1897,
Jan., 1 p. c; In 1898, Jan., 1 p. c; in 1899, Jan., I p. o.
Road— Comprises 63-60 miles of track, fully described in the
Chronicle of Feb. 22, 1896, page 361.
Companies Controlled in System—The following table shows the
several companies operated, their mileage, capital stock, and the
amount of it owned by the Traction Company, their debt, and finally
the rental payable under 999-year leases; 6 per cent here meaning 6
per cent on the outstanding capital stock; and $1 meaning a nominal
rental, the company having only a nominal existence.
Stock
Date,
interest.
Text.
Stock (par $100)
~
-
-
—
M
.
Name
of Company.
Miles.
Coalville Passenger Railway
Nanticoke Street Railway..
Pittst. Moosic & P. V. St. Ry.
Pittston Street Car
Plymouth Street Railway...
W. Pittston <k Wy-o. St. Car..
5-67
9-68
1-95
8-82
Stock.
De1>t. Rental
Owned.
Issiied.
$62,400 $33,700 $12,000 6p.c.
1
None.
12,000
12,000
$1None.
42,000
42,000
200,000 200,000 200,000
$i
Noue.
600 12,000 12,000
None.
225 30,000 30,000
$1
Wilkesbarre & East Side? ... 5 00 150,000 150,000 150,000
Wilkesb. & Kingst Pass. Ry. 660 100,000
6p.c.
90,0
99,700
Wilkesb. & Suburb. St. Ry .. 1000 100.000
40,000 6p.c.
93.500
Wilkesbarre & West Side
963 100,000 92,450 35,000 6p.c.
H Entire stock
and bonds deposited under collateral trust of 1895.
) 1899.. Gro-ss, $204,840; net, $120,638
Latest Earnings— 5 mos.,
Jan. 1 to May 31.
104,745; net, 108,811
5 1898. .Gross,
Annual Report— Official statement for 1897 was in V. 66, p. 285.
rear end.Dec.31. 1898.
1897.
1897.
Year enrf. Z>ec. 31. 1898.
Gross earns... $506,747 $491,289 Taxes, etc
$68,695 $50,276
Net
286,844
272,404
lDt.onbda.,etc. 125,142
124,829 Surp. for year.... $93,007 $97,302
i
|
Earnings- From Jan.
July 31, 1899, gross, $121,845; in 1898,
$110,701; in calendar year 1898, gross, $202,226; $194,170 in 1897,
$189,493 in 1896; $188,396 in 1895.
1 to
Officers— President, John A. Rigg; Vice-President, R. N, Carson;
8ec. and Trea., M. C. Aulenbach.— V. 61, p. 1014, 1118 V. 67, p. 1264;
V. 68, p. 830, 8 i9, 873.
;
Controlled by United Traction Co.
(a)
READING TRACTION— A trolley road.
Organization-Chartered in 1893 to operate the Reading City Passenger Railway and East Reading Passenger Railway, which it
•quipped with electricity and leased for 99 years, the former from
April 1, 1893, and the latter from May 1, 1893. Road leased in December, l!J95, to the United Traction at a rental of $10,000 annually for
first three years, $20,000 for next two and $30,000 thereafter.
In
Jan., 1899, reported to have acquired control of tlie Reading & Southwestern Ry.; reported to have 7^ miles of track bonded for $65,900.
&
Bonds— Par. Date, interest. Outstiind'fi. Malurilv.
$1,000,000 au. $50
J-J
$1,000,000
See text.
1st M., $600,000, K.,gn 5. ... 1893
6g. J - J
445,000 Jan. 1, 19,J3
Not subject to call c* ( Trustee is Provident Life &. Trust Co., Plxila.
Current Uabilltiee July 1, 1898, $199,860.
InUretl is payable in Philadelphia at Bank of North America and in
Reading.
Bond*—Of the Reading Traction first mortgage bonds for $600,000;
$112,000 are reserved to retire Reading City Passenger bonds when due.
Stock
Rtoctt.,
—V.
65, p. 152; V. 66, p.
286. V.
68,
p 830, 1134. V.
69, p. 29.
(8) WILKESBARRE DALLAS & HARVEY'S LA.KE RY.— The
United Power & Transportation owns 3,893 out of the 4,000
shares of stock.
Organization- A reorganization
of the Wilkesbarre
partly constructed,
& Northern
in 1898, per plan in V. 66, p. 1190,
RR.,8old by sheriff in Sept., '93. Road,
was completed and electrically equipped by new
company from Luzerne, Pa., there connecting with Wilkesbarre &
Wyoming
Valley Traction, to Harvey's Lake, Pa., 12 milee.
$200,000; bonds, $150,000.— V.66,p.ll90; V.67,p.488; V. 69,
(9)
WILMINGTON
<fe
Stock
p.
133.
CHESTER TRACTION—
Has been acquired by the United Power & Transportation Co., which
owns 39,993 out of the 40,000 shares of stock.
Organization.- Incorporated March, 1898. Controls all the street
railway lines of Wilmington, Del., and Chester, Pa., comprising with
leased lines about 57 miles of track, and with the connecting link,
between Wilmington and Chester, opened in April, 1899, has 66
miles of track. It controls the line from Cliesterto Media, also the line
to Darby, where connection is made with the Union Traction Company's line to Philadelphia. In 1898, acquired all the stock of the
Wilmington City Ry. ($517,850) and of the Chester Traction Co.
The latter company holds all the stock of the Union Ra 1($500,000)
way Co $100,000; Chester & Media stock. $35,000; Chester Darby &
PhUadelphia stock $65,C00; total, $200,000.
.
,
STKEET RAILWAYS.
&
Stock
Date,
Bonds—
interest.
Outstand'g.
600,000 Sept. 1, 1911
WiUCitylstM.tleOO.OOO,) 1891 5 g. M-S
Subject to call on or after Sept. 1,1901
cj
gold $500 each
Interest i.s payable at the Equitable Tru.st Co., Wilmington, Del.
Chester Trac. l.stM.,gold
..".0* 1894 5g. M-N
250,000 May 1. 1914
($i5...000)
Leased
to Cliest. Tract.
—
Co. let M., gold
Union Rv.
200,000 Jan. 1. 1913
July, 1899
ISO.'OO
100,000 July 1. 1913
125,000 July 1, 1913
5 g. J-J
Chea. liarby & Phila. gold. 1893
Interest on Chester Traction. Union Ry., Chester Street Ry., etc.,
payable at Delaware County Trust Co., Chester, Pa., and interest upon
all the latter guaranteed by Chester Traction Co.
Bonds— Of the collateral trust 58 of 1898. $1,705,000 represents
purchase of total stock of Wilmington City Ry., entlr^ capital stock
of Chester Traction, all stock and bonds of Gordon Heights Ry., and
provides for construction and equipment of new line between Wilmington and Chester and improvements. Of the balance $1,695,000 are re
served to retire underlying securities and guaranteed stock. $500,000
for future extensions, etc., and $100,000 remain in company's treasury.
Bonds are subject to call at 103 after Apr. 1, 1914.
Officers— President. John A. Rigg; Vice-President, E. J. Moore;
Secretary and Treasurer. C. Ford Stevens.— V. 68, p. 620, 929.
5g J.-J
($500 & $1,000)0 ...... 1893
J10
Chester St Ry. stock ($5)
Che8.& Media El. Rv.gold) 1833 5g. J-J
(a)
CHESTER TRACTION—A trolley
road.
&
:
Union Ry. Co
Chester
Chester
St.
Ry. Co
& Media Eleo
Co....
I
|
Chester Darby
.fe
Phila. Co...
1
5-4!
Miles.
7-4
—
28-7
Total
PHOENIXVILLE, PA.
Population 1890 ^vas
MONTGOMERY
8,514.
CHESTER ELECTRIC
&
RY. —To be a trolley road.
to Spring City, Pa..
June, 1899, also projected from Phoenlxville to
Pottsville. Stock authorized, $100,000. Bonds, $100,000 30-year
at Real Estate Trust
gold 58, due March 1, 1929 ($1,000 each), Int.
Co., Philadelphia, trustee outstanding (t) President. John J. Ridge
way. 721 Walnut Street, Phlliidelphia, Pa.; Sec, C. S. Jarvis; Treas..
Franklin Ingram.
Organization- Completed from Phoenlxville
619
miles;
Population 1890 was 238,617; in 1880 was 156,389
.and in 1870 was 86.076.
Estimated Combined Population of "Qre.\ter Pittsburg," in
CLUDING ALLEOUENY, ETC., IN 1899. 500.000.
CO.-Gas (natural and aanufactured),
electric company, trolley.
Organization.- Originally a natural gas company, but in February,
PHILADELPHIA
1899, nearly all of its $7,500,000 stock having been purchased by a
syndicate headed by Brown Brothers & Co., of New York, and Alexander Brown & Sons, of Baltimore, Its operations were extended,
as permitted by charter, to absorb the Consolidated Gas Co. of Pittsburg (artitlclal gas— see V 66, p. 1188), the Chartiers Valley Gas Co.
and the Allegheny County Light Co. (electricity). It has also acquired
the entire capital stock of the Mansfield & Chartiers Gas Co., and In
June, 1899, piirohased a controlling Interest in the Equitable Gas Co.,
both natural gas —V. 69, p. 28. Also made an offer for the stock of
the United Traction Co., street railway system, below described, conditional upon a majority of the stock being deposited for exchange
before Jan. 1. 1900— see V. 68, p. 479.
There have been reports of a merger of the Philadelphia Company
and the Consolidated Traction, but up to August, 1899, arrangements
had not been closed.
securities to be outstanding per plan of FEB., 1899.
&
Date.
Bonds—
Stock
stock, common, $15,000.000; par. $50
J
Pref. 8tk..5 p.c, non-cum.,
$6.000.0' »0; par. $50
1899
1st & Col. Tr. M., $6,500.-
in
MS
000 gold
AUegh'y County Lt.
PIQUA, OHIO.
Population 1890 was 9.090; in 1880 was 6.031;
AND IN 1870 WA8 5,967.
MIAMI VALLEY RAILWAY-A trolley road.
Organization —Chartered in August, 1889. Franchi-ses from cities ot
Ptqua and Troy and County Commissioners of Miami County.
Miles. Date. Interest.Outstanding. Maturity.
Stocks & Bonds—
Stock ($300,000) $100
$300,000
1893 6 g M-N 200.000
Ist M., $200,000, gold, 5 14
1908
c< Interest at ChaseNatlonal Bank. N. Y. City.
$1.000
Mortgage trustee is the cashier of the Chase National Bank.
Road— In Aug., 1899, owned 713 miles of trolley track In Plqua
laid with 45-lb. glrler rail, 2 miles in Troy (population 8,000) and 8
miles connecting the two cities, laid with 48 lb. J rail. President, W.
P. Orr; Vice-President and Manager, A. M. Orr; Secretary and Treasurer, L. M. Flesh.
PITTSBURG, KANSAS.
1890 was 6.697.
PITTSBURG FRONTENAC & SUBURBAN
ELECTRIC RY.The population of the dis9. 1894.
served by the road is said to be over 21.000. Company also owns
an electrlo-llght plant In Pittsburg, Kan. Pittsbiirg (Kan.) parties
obtained control In March, 189^. Receiver, John R. Tracy.
Outstanding.
Date,
interest.
Maturity
Stock dk Bonds— _ _
Stock $100,000 (par $100)
$100,000
1st mort., *125, 000, gold j 1896
125,000
Jan. 1,1911
6g. J-J
redeemable In 10 years \ Int. at R. E. Title Ins. & Tr., Phila., trustee.
Pitts.WeirC.&Col.lstM.
1897
(I)
6% J-D
Dec. 1,1906
$75,000 assumed by P. ^°tat ^Y- Security & Trust, trustee.
.T."!'.'r."."'.T: 5
OrQanization— Chartered July
trict
F. a's!"
The Hrst mortgage covets all the railway, property, franchises, electrio-Ught plant and real estate.
Road— In
173 miles of track, running from
Frontenac. Litchfield, Medway, Cornell and Yale. Presi-
Jan., 1890, operated
Pittsburg to
dent, Robert Simf na.
,
1
st M.
4,000.000
5gM-S 4.000,000 Mar.l, 1949
Maryland Trust Co., Trustee.
1891
6F-A
500,000
1911
End
5&6
1889-9i
5,275,000
Various.
Un. Trac Div. bonds
6 F-A
2,000,000 Aug.,'99,3%
Consol. Gas pref. stock
5 g. F-A
Fel).l,1948
Consol. Gas, 1st mort.,) 1898
5,000,000
Trustee Maryland Trust Co.
c*iW S
gold
Stock— Stock was increased In February, 1899, Irom $7,500,000 to
$21,000,000, of which $6,000,000 Is 5 p. o. non- cumulative preferred.
The increase was made to acquire the common stock of the Allegheny
County Light Co, Chartiers Valley Gas Co. and the Consolidated Gas
Co.; It is proposedtoacqulrealsoby exchange the United Trac. stock.
'93.
'94.
'95.
'98.
'96, '97.
Dividends. ) 1892.
18P9.
None.
414
5
4
5
To July, 3 >«
Percent. J 414
Bonds— Of the $6,500,000 new bonds of 1899 (mortgage trustee,
Maryland Trust Co.) $4,000,000 was issued at once in part payment
for the stock of the Allegheny County Light and Chartiers Valley Gas
Co., and $1,000,000 is reserved to retire the $1,000,000 bonds of the
Allegheny County Light and East End Electric bonds and $1,500,000
for future improvements and additions. Messrs. Brown Bros. & Co.
offered the $4,000,000 for sale Feb., 1899, receiving applications for
eight times that amount.
Earnings— The earnings of the properties united for year 1898 show
Combined Earnings for year ending Dec. 31, 1898 (adjusted to show
status on present basis of rentals and interest):
Phila.
Gross earniDgs
Net eamicgs
Other income
Total net Income
in
Last div etc.
$3,100,000 J'lyl0'99,lJ4
6F-A
1895
500,000
Elec. L't 1st M.
1915
United Traction pref. stk.
5 J-J
3,000,000 July'99,2»2%
5 g. J-J
4,725.000 .'ulyl,1997
United Trac. genr.M. gold, ) 1897
$10,000,000 ($l,000).c* STrustf e Maryland Trust Co., Baltimore.
East
;
Population
Interest. Outstanding.
^
Consolidation— In 1898 entire stock of Chester Traction and also
the WUmtnuton City Ry. (Delaware) was acquired by Wilm. & Chester
Trac. Co.. which company is In turn controlled by the new United
Power & Transportation Co.—see the latter.
The Chester Traction Co. holds all the stock of the Union Railway
Co.. $100,000, Chester & Media stock, $35,000. Chester Darby & PhUa.
strck, $65,000; total. $200,000.
All Interest payable at Delaware County Trust Co., Chester, Pa. Interest upon aU subsidiary securities guaranteed by Traction Co.
Date, interest. Outstanding. Last Div.<tc
Bonds—
Stock
$.500,000 July.'95,4o/o
Stock ($500,000); par. $50
250.000 May 1, 1914
c*1894 5 g M-N
1st M., gold. ($250,000)
Road— Company operates 28'7 miles of track
Mites.
8-4
7-5
PITTSBURG, PA.
Maturity.
«V1'*''"''-"""^'"''*-'xistea on Phil. EX. $2,000,000
1,70.5,000 Apr. 1, 1918
1898 5 g. A-O
Coll. tr.VKoVdV $4,066,000 )
($500 and $1,000 ea.).c* 5 Provident Ufe & Trust Co., Pnila., trustee.
SECCRITIES {NOT OWNED)
73
Cnnsni.
Co.
Company.
Gas
$1,571,147
610,986
$726,811
463,165
a'<2,8l9
$673,805
Allegheny
United
Co. Light. Traction.
#609,208 $1,536,986
299,881
741,668
10.681
25
11,462
$473,839
SkStem.
$4,441,162
2,115,691
81,990
$299,906
$753,130
$2,200,681
2 0,000
60,000
499.550
32,868
"5.6i5
'22,768
11,179
809.550
32,867
57,158
i70.000
Deductions-
None now.
Interest
Rentals
Miscellaneous
Dividends on preferred
618,196
120,000
150.000
Balance surplus
$065,609
$98,825 $217,138
$59,533 $1,03 1,To5
Deduct surplus Uuited Traction Co., purchase not completed
69,533
Balance
Deduct charKes account of new companyInterest on $4.1/00.000 new 58
Dividend on $4,000,0u0 new preferred stock
$971,572
$200,000
200,00i<
Surplus over preferred stock dividend
;$57l,572
a Include'" dividends Allegheny Heating Co.. $60,024; Penn. Nat. Gas, $1,876.
b Rental of Chartiers Valley Gas was $12.'>.742 and Penn. Nat. Gas was $15.900; t'ltal »lt3,939, but the Chartiers Valley Gas is now being acquired and its
rental will disappear.
Latest Earnings—The gross earnings of the Philadelphia Company
and its affiliated companies (including the United Traction Company)
for the six months ending June 30, 1899, were $2,687,900 75; expenses, $1,263,580 31; net earnings, $1,424,320 44; fixed charges, including preferred stock dividends. $769,433 41; surplus. $654,887 03.
Officers, Etc.— J. H. Reed, President; James D. Gallery, VicePresident (now President of the United Traction Company); J. C.
McDowell, Second Vice President and General Manager; O. J. Braun,
Jr., Treasurer; J. F. Guffey, Secretary; S. E. Moore, Auditor. Directors
Messrs. Reed, Gallery. Given, McDowell, Rhodes, McMuUin, Frazler,
Bowdoin and Calhoun.—V. 68, p. 332, 381, 430, 479. «73; V. 69. p. 28.
UNITED TRACTION CO.Organization.— Formed In 1896, and in June 1897, and purchased
all the property and franchises of The Second Avenue and North Side
traction companies, and secured control of the Pittsburg Allegheny
& Manchester through a lease for 950 years and the purchase of its
stock. The Federal St. & Pleasant Valley Passenger Ry. la controlled
through its lease for 950 years to the North Side Traction.
In March, 1899, the Philadelphia Co. offered to give .$6,375,000 of
common stock in exchange for the $17,000,000 common stock of
the United Traction. See V. 68, p. 479.
Date, interest. Outstanding. Div. or Mat.
Stock
Bonds
Com.stock,«17,000,000 (.50)
$17,000,000
Pref.cum.,$J,000.000($50)
J-J
3,000,000 July 1.5, '99,219
United Trac. gon m.gold, )
1897 5 g. J-J
4,725,000
J'y 1, 1997
$10,000,000 ($1,000)0' 5 Trustee Maryland Trust Co., Baltimore.
Interest is payable in New York City.
Its
&
J
—
:
a;
STREET RAILWAYS.
74
Vmlerhi'inq SeenrUies—(^ See also below).
Federal St. & Pleasant Valley stockl!
Federal & Pleasant Valley bondsH
Annual
Outsianditig
Sol Oirned.
!?<H7
AUes. ife Man. bondsl
Second ^.venue Traction bonds
EMtt.-*.
The preferred stock carries cumulative dividends of 6 per cent per
annum, and has the right to participate equally with the common stock
when that has received 6 per cent. First dividend on preferred wn
paid May, 1897. In November. 1897, no dividand was paid. See V.
65,p. 685. In May and Nov.. 1898. 3 p. o. was paid In May. '99. 3 p. o.
Companies Controlled—The companies acquired are shown in the
following table, as also the amounts of their stocks and bonds.
Bonds.
Company.
Miles.
Old stock.
Duquesne Traction
$1,500,000
33
$3,000,000
Charges.
350
I, -250,000
C.^,250
1,.500,000
75,050
125,800
2,500,000
$296,968
$5,897,350
Total of bonds, $5,275.000)
Second Avenue Traction bonds for $2,500,000 as above (assumed by
Unlte<l Traction Co.) Include:
Dec. 1,1934
Second Ave. Trac. Mort. 5 189-t 5g.J-T> 2,000,000
Balto.,Md.
c* ^ Trustee, Maryland Tru.st Co.
gold ($1,000)
Co., N. Y., or A. Brown & Sons, Balto.
Interest at Brown Bros.
July, 1902
30,000
2d Ave. Passenger 1st M... 1882 6 J-
120,000 July I, 1909
1889 5 J-J
General raortgaee
300,000 July 1, 1933
1893 5 J-J
2d Ave. Traction Co.
50,000 April 1.1911
Braddockife Turtle Cr-klst. 1891 6 A-O
is $20,000,000, of
Traction
United
of
the
Stock.— The capital stock
which $17,000,000 is common and $3,000,000 is preferred.
lu
DirJ(Aei(</.s— On prf/erred in Jan., 1898, 2 ifl p. c.—V\ 65, p. 1C22.
c.
In
July,
2^
c.
p.
Jan.,
in
1899,
p.
c;
2»fl
July, 18&8, 2»a p.
Bonds.—The new United Traction mort. is limited to $10,000,000;
bonds cannot be redeemed before maturity Maryland Trust Co. of
Baltimore is trustee. Of these bonds, $5,250,000 are reserved to
$725,000 reserved
retire the divisional bonds (above mentioned)
for betterments and improvements after January, 1898, and $4,000,-
12ia
Pittsburg Traction
Central Traction
Fort Pitt Traction
Cltizen.s' Traction
Allegheny Traction
Road -Controls about 120 miles
&
M
1.007.000
2,500,000
1,500.000
3.000,000
3.000.000
500,000
8I3
10
30
18
of track in
500.000
938.000
l,6:;0.00O
750.000
all.
Earnings and Charges-Year ending June 30, 1898, earnings
were: Gross from operation, $1,996,671 Income from other sources,
$175,607; total income, $2,172,278 set, $1,211,929; Int., taxes, etc.,
$921,117; dividends, $288,005 balance, surplus, $2,807. In 1396-7,
gross from operation, $1,839,086
other income, $624,161.
Officers— President, C. L. Magee; Secretary, James A. McDevitt;
Treasurer, George I. Whitney. Directors— C. L. Magee, Joshua Rhodes ,
T H. Given, George I. Whitney. B. P. Jones.-V. 65, p. 685.
;
;
;
;
;
;
000 were sold
Brown
to
I
Lines contro'led by Consolidated Traction.
and Alex. Brown & Sons, and
proceeds from the preferred stock, used
Bros.
<fe
Co.
the proceeds, In addition to
to provide the purchase money paid for the several roads. All the
bonds outstandiug ($4,750,000) were listed on the Baltimore Stock
Exchange in February, 1898.
Road—The miles of track owned and consolidated are
Miles
63'83
Second Avenue Traction
31-84
North Side Traction
21-45
Pittsburg Allegheny<fe Manchester Traction
(1)
ALLEGHENY TRACTION.—
Organization— Incorporated July 23. 1889. April 1, 1896. thia
company was leased to the Fort Pitt Traction Company for 950
years at a guaranteed dividend of 5 per cent per annum.
Miles. Date, interest. Ontstand'g. Lastdiv.,ete.
Stock & Bonds—
i
Stock. $500,000. par $50
$500,000
See text.
5 p. c.
Guaranteed bonds
Etna & Sharps- ) .... 1893 5g. M-N 750,000 Nov. 1. 1923
burglstM. $750.000,g. 5 Trustee, Pittsburg Trust Co., Pittsburg.
Millvale
Road— Including
117-13
Traction receives the entire earnings of th
North Side, Pitts. A. & M. and Second Ave. traction companies, subject
only to annual charges of $296,968, as shown above.
Preliminary figures for year ending June 30, 1899, show as follows: Gross, $1,604,153; net, $871,881; interest, ta-^es and rentals,
$622,489; balance surplus, $2j9,392. Pref. stock dividend, $lfi0,000.
Report for year ending June 30, 1898, was in V. 67,p. 1001, showing:
Gross receipts, $1,469,907; net, $786,991; interest, rentals, taxes,
Preferred stock dividend,
etc., $586,512; balance, surplus, $200,479.
$150,000.
Officers.— President, James D. Callery; Vice-President; W. H.
Keeeh; Sec, J. F. Guflfey; Treas.,C. J. Braun, Jr. Office, Pittsburg,
Pa. Financial Agents, Alexander Brown & Sons, Baltimore, Md.—
V. 65, p. 27, 112, 736, 1025, 1222; V. 66, p. 469; V. 67, p. 1001;
V. 68. p. 381, 430, 479.
Total
Report— The United
(3)
Millvale
Etna
&
Sharpsburg,
18*fl
miles of road.
CENTRAL TRACTION.— Cable and troUey.
Lease— Leased from
1896, to the Consolidated Traction for
value of $1,500,000 stock, see
V. 61, p. 1154— and in May, 1896, stockholders were offered privilege of
exchanging their stock for receipts, which were redeemed at $30 per
shaie on Oct. 1, 1896, in Consolidated Traction Co. preferred stock at
par. la June, 1896, 26,000 shares of Central Traction stock (out of
30,000) had been so exchanged.— V. 62, p. 1087.
Bonds— Jf"t'es. Date, interest. Outstanding. Maturity.
Stock
Stock— par $50, )
5 30,000 shares )
q„„ ^^.^^
text.
aee
seetext
950 years at 3
p. c.
April
per
2,
annum on par
&
3%
\
l$30paidup.<
6
1889
5 J - J
$375,000 July
cable line $500 \ Interest at Union Trust Co., Pittsburg.
Bonds of Central Passenger Ry. controlled.
lstM.$H75,000
\
1.
192»
4
1894 6 A-O
125.000 Oct. 1, 1924
Interest at Union Trust Co., trustee. Pittsburg.
Dividetids—Feh. 1, 1892. $2 50 in stock In 1896. Feb., 2 p. c. in cash;
in 1898, Nov., X^ p. c. in cash; in 1899, May, l^a p. c. in cash.
Road 8-5 miles of road, of which it controlled by ownership of
capital stock, Cential Passenger Ry., 3^ miles. —V. 62, p. 948, 1087.
Ist M. $250,000. $1,000..
)
5
;
L.iu< 8
FEDERAL
(1)
controlled by rnited Trnction Co.
ST.
—
& PLEASANT VALLEY RY.—TroUey.
Organization—Incorporated March, 1868. and
The franchise is perpetual.
it-i various subsidiary companies.
The North Side Traction Co. on July 20, 1896, leased the Federal
has tince consoli-
dated
(3) CITIZENS*
6, 1887. On Sept. l, 1887, purchased the entire capital stock ($200,000) of the Citizens* Passenger
&
Pleasant Valley for 960 years, assuming its funded debt of
$1,250,000 and its floating debt of $175,000, and agreeing to pay as
rental all taxes, rentals, etc., and also $70,000 yearly in cash, payable
January 15 and July 15, equal to 5 per cent on the $1,400,000 stock,
Street
it now holds.
Lease— Leased from Nov.
Ry., which
1, 1895, to Fort Pitt Traction Co. (now
COneol. Traction) for 950 years at 6 p. c. per annum on $3,000,000 cai>Ital stock. In addition the lessee agreed to pay a floating debt of $175,000, and at maturity a mortgage debt of $1,620,000.— V. 61, p. 661.
of which it owns $750,000.— V. 63. p. 31, 76, 189.
Date, interest. Oulstand'g.
Maturily.
Bonds—
Stock
See text.
Stock (par .$25) full paid
5 J-J
$1,400,000
Consol. mort.. $1,250,000,51892
5g.J-J
325,000 May 1, 1942
g., $1,000, on 28 miles.. *c L Int. at Fidelity Title & Tr. Co., Pittsburg.
&
Underlying mortgages —
Observatory Hill Ist 5l
Federal St. & PI. Val. 1st M
Jack's Run mortgage
St.
&
1S87 5
6
PI. Val.
5
5
5
5
5
5
J-J
J-J
J-J
J-J
J-J
125.000 July 1, 1907
75.000 July 1, 1903
1913
50,000
300,000 July 1,1919
100,000 Nov. 1, 1920
75,000
J-J
100,000 Nov. 1, 1920
100.000 Nov. 1, 1920
J-J
15,000
Farmers* Dop. Bank; in Janu1897, 5 p. c inl898, 5p. c; in
D<»u<eud.?— Dividends are payable at
ary, 1895, 2 per cent; in 1896, none; in
1899, Jan., 21a p. c; July, 2^ p. c.
Bo?irf«—Tlie consolidated mortgage of 1892 is for $1,250,000, of which
the balance unissued is in the hands of trustee to retire aU the other
Isuues mortgage tru.stee Is the Fidelity Title & Trust Co., Pitt.sburg.
Road— In June, 1898, operated 33 miles of track (including sidings)
on about 17 miles of street rails mostly 90-lb. girder.— V. 63, p. 189.
;
;
;
(2)
PITTSBURG ALLEGHENY & MANCHESTER TRACTION.-
ORQANIZATION— Consolidated with United Traction
which purchased
all.
Stocks
or nearly
CONSOLIDATED
all,
in June, 1807,
the capital stock (V. 65, p. 27).
I
5
TRACTION-Trolley road.
Organization- Chartered July 15, 1895. The company has merged
the Fort Pitt Traction. Co. and assumed its leases of the Citizens' and
the Allegheny Traction companies, and has acquired the control of the
Central Pittsburg and Duquesne Traction companies. On April 2, 1896,
assumed management of these six companies, with capital of $13,500,000 and a bonded debt of about $6,377,000. See V. 62, p. 1087.
Pf. stock, 6 p.
c.
Interest.
Onls'nnding.
$15,000,000
6M<feN
9,650, 1 00
.$50
cum.
"Loans," July 1,'98
50
interest.
6 M.-N.
Under the lease dividends are 6
p. c.
Road.— Owned and operated
street.- V. 60, p. 930; V. 61, p.
Otitstanding.
$3,000,000
f.p.
Maturity.
Seetext.
1,300,000
Dividend.
May
9,'99,
3%
p. o.
30-5 miles of track on 15 miles of
112, 516, 661.
DUQUESNE TRACTION-A trolley
(4)
road.
Lease— Leased from April 2, 1896, to the Consolidated Traction for
950 years at 4 per cent on the $3,000,000 stock, but dividends for a
year and a-half to be withheld for payment of floating debt of
$180,000. In May, 1896, stockholders were allowed to exchange their
stock for receipts, redeemed Oct. 1, 1896, at $37 per share in 6 per cent
preferred stock of Consolidated Traction Company at par. In June,
1896, 51,000 shares out of 60,000 had been so exchanged. See V. 62,
p.
1087.
&
Bonds.—
Outstanding.
Maturily.
$3,000,000
Seetext.
pj^ payable at Fidel. Title & Trust Co., Pltts'h
Istmortgage
c.*1890 5 J. - J.
1,500,000
July 1, 1930
Dividends were 5 per cent, J&J, but in 1893 and 1894 none paid
Feb., 1895, paid 2 p. c; Aug., 2 p. c; in 1896, Feb., none; in 1898, May
2, 1 p. c; Nov. 14, 2 p. c; in 1899, May 5, 2 p. c.
Road— At time of lease in 1896 controlled 11 companies, with »
capital aggregating $249,700 and having 333,^ miles of road.
-V. 60, p. 930; V. 61, p. /jj, 794, 1154; V. 62, p. 948, 1087.
Stock
otocK
Control of the Con.solidated Traction has been sought in the interest
of the Philadelphia Co. and some other undertakings, but up to August,
1899, negotiations had not been closed.
P'lr.
Date,
mortsage ($1,000) < 1887 5 A.-O.
Oct. 1, 1927
1,188,000
Not subject to call. ( Trustee, Fidelity Title & Trust Co., Pittsburg.
Purchase money mortgs
120,000
Bonds of lines whose stocks are owned.
Penn St. Pass. Ry. IstM. 1892 5 J.-D.
$250,000
June 1, 1922
Transv'rse Pass Ry. 1st M. 1891 6 M.-N.
49,500
1901
No. Side Pass. Ry. IstM. 1892 6 F.-A.
12,500
1902
Interest and dividends payable at N. Holmes & Sons, Pittsburg, Pa.
Dividends— In 1892, 6 p. c; in 1893, 6 p. c; in 1894, 6 p. c; in 1895,
Stock
Stock—
Common stock
& Bonds—
Stock ($30) fully paid
1st
mort
1889
Allegheny &Bellevue Ist M. 1890
Allegheny St. Ist mortgage
Perry St. Ist mortgage
1890
Troy Hill Ist mortgage
1890
Mortgage car house
Fed.
TRACTION— A cable and trolley road.
Organization- Incorporated July
(5)
(6)
(.$50) f
ruiiy
ullv
(.t-DO)
naid
paid
Date,
J
^
interest.
'^^^'^-
FORT PITT TRACTION-See CoxsoL. Traction Co.
PITTSBURG TRACTION—A trolley road.
Organization— Incorporated April
14, 1887.
April 2, 1896, to the Consolidated Traction for
years at 7 per cent on the $2,500,000 stock (see V. 61, p. 115 4>
Lease— Leased from
950
8TIIEET
^ years' dividends to be used to pay floating debt of $250,000.
In May, 1896. stookbolders were ofTered reoeiiits for their stock,
wliicli were redeemed at $70 per share on Oct. 1, 189G, in preferred
Btocb of Consol. Traction Co. In June, 1896, 39,000 f-liares out of
60,000 had been so exchanged. See V. 62, p. 948. Pittsburg Traction
owns the $250,000 capital stoclc of Bloomtield St. Ry. and gharautees
l)ut 1
the bonds.
Stock
&
Bonds.—
Dale. Interest.
fltock, $2,500,000 (par $50)
lstiii.irt.5s
c*
P.O A E.L. b'ds. ass'd
Text.
5 A.-O.
6 p. c.
1887
Outstanding. Last div., etc.
Text.
See text.
Oct
$750,000
7,000
1,
1,
1927
1901
Feb.
QiKiranteed bonds
250,000 Aug. 1, 1923
BlooiudeldSt. Ry.,lstcur.o*1893 5 F.-A.
Interest at Pittsburg Trust Co., trustee.
389,083
LK)aus June 30, 1896
Stock -Issued 50,000 shares, on which $38 each has been paid.
Dividends—At company's olllce, Pittsburg. Dividends of 6 per cent
have been paid in 1895, 6 p. c; in 1896, none— see above. In 1898.
May 2, 2 p. c. was paid; Nov., 3^ p. c; in 1899, May 5, 3^ p. c.
Road.— Owns 12-67 miles of track Bloomtield St. Ry. owns 3 miles.
—
RAILWAYS.
75
Officers— President, Harry Moore; Vice-President, A. C. Wettengel;
Secretary and Treas., W. H. Rogers.— V. 67, p. 317; V. 69, p. 338,
334.
Lines Leased to Pittsbiirn &, Uirininxliani Traction.
MT. OLIVER INCLINE RY.— Owned, leased and operated by Plttsb.
& Birm. Traction Co. Stock, $100,000. Bonds, tirst mortgage 6s, M. &
N., duo Nov. 1, 1901, $44,500
PITTSBURG INCLINE PLANE -Leased for 999 years to Pittsburg
h Birmingham Traction Co., at rental equal to interest on bonds and
10 p. c on $150,000 stock, free of ta.^, but dividends have been 9 p. o.
yearly, balance being carried to surplus.
Date, interest. Oulstand'g.
Bonds—
Stock
Stock, par $100, full paid
Q-F $150,000
1889
6J-J 150,000
1st M., $1,000 each
&
C
C
President,
S.
WILMERDINO
McKEESPORT
OUESNE railway-
Organization— A reorganization on Maich
Severance.
& DU-
1898, of the McK. D.
& Wilm. Ry. sold in foreclosure on Aug. 4, 1897, which included the
•Citizens' Street Railway of McKeesport, the McKeesport & Wilmerding
and the White Electric Traction.— V. 65, p. 328. Stock, $350,000
Bon(l.><. $350,000 30-year, gold, 6s, subject only to $35,000 White
Traction 6s, due 1911.
Road—In July, 1898, had in operation 16 miles of track on 14 miles
of street. OFFICERS— President, E. C. Converse Sec. and Tieas., Geo.
Sheppard, Pittsburg, Pa.—V. G4, p. 707; V. 65, p. 328 V 66, p. 900.
3,
;
;
MONONOAHELA STREET
RAIL^^^AY.absorbed
consolidation
Orqanization— On May
by
26, 1898,
p. 80.
Miles. Date, interest. Oulstand'g
Maturity.
Stock
Bonds
Stock, $1,000,000
$1,000,000
1st mort., $1,000,000, ) 17
1898 5g. J-D
1,000,000 June 1, 1928
gold
Union Trust Co., Pittsburg, Trustee.
5
Road— Owns 17 miles of double track, including branches. Also has
trackage under agreement with Consolidated Traction Co., 5 miles;
total operated, 22 miles; 90-lb. rails. Completed In Dec, 1898.
Officers— President, W. li. Mellon; Vice Pres., A. W. Mellon; Sec,
F. M. Ross; Treas., R. B. Mellon.- V. 67, p. 74.
PITTSBURO & BIRMINOHAM TRACTION-
A trolley road.
Stock
Stock
62, p. 989.)
&
Bonds.—
Date.
(.$50)
inort., gold, 5s...
l8t
{$ 1 .000)
J
c* 5
^""ariy^!.^;^^^:.''.'!!'^!
So
Street
H.S
Oulstand'r/
Maturity.
Text.
$3,000,0()0
See text.
1889 5 g. M. - N.
1,.500,000 Nov. 1,1929
Trustee, Fidelity Tru8t,Etc ,Co. of Philadelphia.
Interest.
A-O
1890 5
mort
Guaranteed bonds —
& Ormsby
Blrm. Knox.&A.lstM.
Forty
on top
Pittsburg
Hill,
of
on Bradford
nill.
Stock
1888 6 F - A
1891 None
$500 and $1,000
Purchase-money mort
1st M.,
$481,400
200,000 Aug.1,1908
16,149 1899&1901
81,641
EARNINQS.—Inl897-8, gross, $58,932; net,$12,302; charges, $17,120.
Road— Onerates road of 40-lnch gauge from Pittsburg to Arlington.
Pa., 6^2 miles, incl. two inclines of 1,375 and 2,112 feet respectively.
Annual Report—For the years ending December 31 earnings from
both railroad and coal business were:
Gross.
Net.
Interest.
Balance.
1896
$14,647
$111,773
$14,182
sur.$465
135.282
1895
16,167
15,438
sur. 729
1894
99,025
14,514
def.124
14,638
Passengers carried in year 1897-8, 986,223 in 1896, 1,034,483.
Officers President, .tames M. Bailey; Sec. and Treas., E. J. Reamer.
Curr'utliab.,J'ne30, '98
—
PITTSBURG & WEST END PASSENGER
RAIL^WAY— See West End Traction.
ST. CLAIR INCLINE PLANE-A cable road.
Organization- Chartered Sept. 9, 1885. Road completed in 1889.
Stock, $150,000 f. p.; Ist mortgage, $1,000 each; 6s, M-N, $75,000,
due Nov. 7, 1909. Interest at Thomas Mellon & Sons' Bank. Dividends
—In January, 1893, 2^2 per cent. Road is four-tenths of a mile long
For year ending June 30, 1896, gross, $15,687; net, $7,671 int. and
taxes, $5,784; " other expenses," $2,250; bal., deflcit for year, $363.
In 1894-95, gross $13,749; net, $3,266. Pres. and Supt., W. S. Hughes.
;
SUBURBAN
RAPID
—
TRANSIT.-A trolley road.
Operates 9 miles of track on 9 miles of street. Capital
stock, $300,000; par $50 outstanding, $122,000. First mort. gold 68.
due 1913, for $200,000 are outstanding; interest payable M. & S.
Current liabilities June 30, 1898, $2^,413. Year ending June 30,
1898, gross, $22,286 deflcit under operat'g expenses, $9,165. President, Gen. Man. and Purch. Ag., Thomas A. Noble; Sec, C. E. Succop.
;
;
^WEST
1891
1891
I.
& Coraopolis and
)
trolley road.
other compauies.
Date. Int.
& Bonds— Mis.
Outstanding.
Last Div., etc.
Com.8tk,$2,500,000
$2,500,000
PL stk., $2,500,000
2,500,000
See text.
500,000
Jan. 1, 1938
PniiM
«i "ioonnnj---- 1898 5 J-J
Oon.M. )bi,DUU,uuu
Trustee, Union Trust Co. of Pittsburg.
^
Underly'g I 'ans
Pitts.Nev.is. & Co r. 91^ ....
6
$100,000
Pitt«. Grafton & < 17 1894 5 J-J
250,000
July 1,1924
Mansfield Ist M. ( Int.at Pittsburg Tr. Co., Trustee, Pittsburg, Pa.
Pitts & W.E. 1st M. 16 1892 5 J-J
July 1,1922
500,000
Bonds—Of the 5s of 1898 $850,000 are to be used to retire underlying bonds and $150,000 for other purposes.
Road— Owns about 42 >« miles.
Annual Report— For the year ending June 30, 1808, gross, $367,159 net after taxes, $186,706. Dividends paid were $112,500.
Directors— President, J. C. Reilly; Sec, Wm. V. Callery.— V. 61, p
612 V. 66, p. 860.
—
;
A-0
M-S
5
END TRACTION-A
Organization—a consolidation Jan. l. 189^, of tne Pitts. & West
End Passenger Ry., Pittsburg Crafton & Mansfleld, Pittsburg Neville
PITTSFIELD MASS.
gold, interest guar..
;
Mam
from
;
1900
147,000
30,000
10,000
1896-1901
6 g.
500,000 Sept. 1, 1931
Trustee,
Fidelity
Ins.
Tr.
<k
S.
Dep.
Co., Phila.
5
Brownsville Ave. St. > 1896 5
F-A
$300,000 Oct. 1, 1926
Ry. Ist mort
Int. at Dime Savings Bank, Pittsburg, Pa.
5
Dividends—For year 1892-93 paid 2 p. c; in 1896, January, ^ p. c;
In 1 '^97, ({)
in 1898, Apr., 1 p. c; Oct., 1 p. c; iu 1899, Apr., 1 p. c.
Road— Operates 27-75 miles of track, laid with 90-lb. rails, as follows.
line. 15 miles
Brownsville Ave. Ry. (all its $300,000 slock
owned), 7-33 miles; inclines, 2 miles.
Annual Report- For the year ending June 30, 1899, carried
9,'iG6,146 passengers, against 7,417,184 in 1897 and 7,-549,306 in 1896:
1898-9.
1898-9.
1897-8.
1897-8.
Gross
$479,871 $436,202 Rentals, etc
.$35,693 $42,429
Exp. <fe taxes. 240,681
222,702 Bond interest... 120,500 117,436
Pitts.
extends
OrQANIZATION— Chartered Sept. 21, 1871. Besides operating the
railroad this company transports and sells coal from its own mines.
Miles, Date, interest. Oulstand'g. Maturity.
Stock & Bonds—
Stock
Negotiations have been in progress with leading stockholders for obtaining a controlling interest in this company.— V. 69, p. 334.
Organization— Incorporated Aug. 15, 1889; Nov. 19, 1889, leased
P. & B. Passenger Ry., including South Side Pass. Ry. Co. Has also
leased and operated since Dec, 1891 Pittsburg Incline Plane Co. and
Mt. Oliver Incline Plane Co.; operates also Birm. Knoxville & AUentowu Traction Co. (See suit regarding Interest paid on B. K. & A.
bonds.—V.
Road— Road
Street to Washington Avenue,
Road
—
&
June 1,1910
;
the
Schenley Park & Highland, Homestead & Highlands, Braddock &
Homestead, and the Braddock & Duquesne (the latter then building)
The old lines have been rebuilt and necessary new lines constructed to form a continuous double-track road from the boroughs of
Braddock, Duquesne and Homestead, to and through the boulevard
and park district of Pittsburg, and entering the business portion by a
trackage agreement with the Consolidated Traction Co. All of the
underlying bonded debt and stock of the companies merged has been
retired. V. 67, p. 74. Bills payable July 1, 1898, $18,000. Extension
from Bradock to McKeesport reported as proposed in Feb., 1809.
Power to operate cars of this road and those of the Wilkinsburg &
East Ktt.sburg (owned by the stockholders of the Monongahela btreet
Ry.) Is to be supplied by the Monongahela Light & Power Co.— see V
^9,
100,000
PITTSBURO & CASTLE SHANNON RR.-
DUQUESNE INCLINED PLANE.
operate 1,586 feet of track.
6 J -J
^ Subject to call on any June 1 after 1894.
t Int. at Fidelity Ins., etc., Co., Phila., trustee.
2ud mortgage
;
Road— Said to
1890
Maturity.
See text
July 1, 1929
;
PorULATiON IN 1895 WAS 20,461; IN 1890 was 17,281;
IN 1880 WAS 13,364; and in 1870 -H'as 11,112.
PITTSFIELD ELECTRIC RAIL^VAY
Organization, Etc. -stock Oct. i, 18»8, $30,ooo; bonds, $45,000:
other debts, none. Bonds are gold Ss (J-J), $30,000, maturing Jan.
1, 1904, and $15,000 July 1, 1906; interest at
Third National
Bank. Pittsfleld. Mass. Owns 10-097 miles of track In 1898, stock
was increased to $80,000 to build an extension of about 2 miles to
Tillotsons. For year ending Oct. 1, 1898, gross earnings, $66,070;
net, $23,138; other income, $232; charges, $3,740; dividends, 6 p. c,
$3,600 balance, surplus, $16,030. Pres., Jos. Tucker; Sec, J. M.
Stevenson.
;
Ndt
$239,190
BaL.sur.fory'ar. $32,997
SHEET JUNE 30, 1898.
$213,500
GENERAL BALANCE
Assets.
Cost of road
$53,635
Liabilities.
$1^72,288
Stock
$3 ,000,000
266,600 Bonds and mortgages..
,500,000
Property & franchises.. $2,898,030 (iuarauteed bond.s
810,000
Stock of oth. compan'8 1,003,550 Debenture bonds
147,000
Horse-s
11,955 Accounts payable
44.238
Accounts receivable...
129,752 Interest, etc., accrued.
30,572
Ca.sh
25,246 Bills payable
23,389
Prollt and loss, surpliLS
146,222
Cost
of
equipment
Total
$5,707,421
Total
$5,707,421
PLAINFIELD,
Population 1890 was 11,267;
AND IN 1870 was
in
N. J.
1880 was 8,125;
5,095.
PLAINFIELD STREET RY -A trolley road.
Organization— Thi.s company operated 9 miles of track. Jan. 1,1898,
It had capital stock Issued, $100,000; do. paid In, .$85,208 ; funded
debt, $100,000; total coat of road and equipment, $185,208.
In
Jan., 1899, the Elizabeth St. & Weatfleld Ry. was incorporated to bHlld
:
STREET RAILWAYS
7H
of 12 s> m lesdoulile track from Pl.tiutlrlil to Elizabeth
connectiog there with the ConsoiidateU Traction Co. Contracts have
been let, the work to be compUtfd during 189.'. In year 1897 income
from passengers -was $50,491; other income, $113; net earnings.
$10,340.
Officers— President, T. N. Sevins; Vice-President, T. J. Fritts; Secretary and Treasurer, Adrian Riker.
an extension
Organization—This company and the Cape Elizabeth Street Ry
while distinct corporations, are operated as and are practically one.
They were organized in 1894-95. Line runs from Monument Square
n Portland over the Portland Bridge into South Portland, with terCompany owns large
minals at Simonton Cove and Ri^by Park.
pleasure resort property at Simonton Cove and Cape Cottage Park
Proposes to extend its road to Saco.
Date, interest. Outstanding. Maturity
Stock
Bonds—
Stock (p.r$100)
1897-8,1%.
$450,000
lstM.$400,000g.($l,000) 1895 5 g. M-.V
350.000 Nov. 1, 1915
Interest at American Loan & Trust Co., Boston, trustee.
Current liabilities June 30. 1898, $20,093.
Road— 11'52 miles of trolley road with 15'51 miles of track. I»
1898 built about a mile of track to Cape Cottage Park.
Earnings— Year ending Juae 30, 1898, grois, $5 -,'^48; net, $IS,737;
interest and taxes, $18,408; dividends (1 p. c), $4,500; balance, deficit
for year, $4,121. Total surplus July 1, 1898, $1,584.— V. 6-J, p 381.
&
PLATTSBURG,
Population 1898 was 10,000;
WAS
8,283;
AND
N. Y.
1890 was
in
IN l->70
WAS
PLATTSBURG TRACTION
9,.500; in
1880
8,414.
CO.-A
troUey road.
Organization, Etc.— Chartered in 1896. Capital stock, ,$100,000
(par $100). First mortgage 6 p. c. gold bonds of 1896, due 1926; int.
Trust Co.. Trustee; authorized $100,000, issued
For year en^ling June 30, 1899, gross,
$17,184; net, $6,091. In 1897, gross, $18,439; net, $6,846.
iZoad- Owns 6^2 miles of track; rail. 50 lbs. Prest., E. N. Sanderson.
J-J., at Continental
$^0,000
t.i
June
30, 1899.
August, 1898.
WAS 7,957; IN 1890 was 7,314;
WAS 7,093, AND in 1870 WAS 6.238.
IN 1895
in
1880
PLYMOUTH & KINGSTON STREET theRY.New
OrQANIZATION— In 1894 stock was mostly held
in trust for
England Street Railway Co., which see under New Haven, Conn.
In 1899 this stock was sold lo the parties identified with the pro
posed Plymouth & Brockton. The latter will build a road from the
terminus of the Plymouth & Kiugston, at Kingston, to Brockton via
Whitman.
Stock
&
Bonds—
Dale,
Last
Outstmid'n.
Interest.
div., etc
$100,000 f. p. 1897-8,6%
Jan. 1, 1910
35,000
5 J-J
Internat'l Tr. Co., Boston.
payable
at
jg
^ j^^
On demand.
7,000
5^ p. c.
20,000
Unf d debt Sept. iiO.'98
Dividends of 7 per cent per annum were paid in year 1892-93; in
1893-94, 6 p. c; In 1894-95, 9 p. c; in 1895-96, 6 p. c; in 1896-97, 6
See below.
Stock $100,000 ($100)
^
mortgage
Real estate mortgages
,
^
l8t
p. c.; In
1897-98, 6
5
1890
p. c.
Road—Operates 875
miles of trolley track, extending from Plymouth to Kingston; sidings, etc., "43.
Earnings— For years ending Sept. 30 earnings have been
1898
1897
1897.
1898.
Gross earnings.. $a4,107 $33,840 Dividends paid... $6,000 $6,000
928
402
Balance for year.
11,668 Total 8ur.Sept.30
2,59s
3,521
Other Income.'. J 13,000
5,172
5,266
Int., taxes. etc...
Officers— President, c. H. French; Treasurer, O. E. Chapman
Supt., Benj. F. Sherburne.
:
PORT HURON, MICH.
Population 1890 was 13,543
AND IN 1870 was
;
in
1880 was 8,883;
5,973.
CITY ELECTRIC RAILWAY.-A trolley road.
Organization —Chartered in 1892 and franchise runs
1927. Population in 1894 by Stale census, 18,140.
Stock
&
Bonds —
Miles. Date,
interest.
Outstand'g
till
^ jjj^
May 30
Maturity.
$100,000
142,000 Mar.
1893 6g.M-8
Subject to call at 105 after Mar.
^^ Hanover National Bank, N. Y. City.
Stock $100,000 ($100)
i=t,««,H^
<tortn AArtC 10^
inort. ,$200,000
Ist
)
goia, !t>i,uuo
1,
1,
1913
1903
1897.
1898.
&
Maturity.
Date, interest. Outstand'g.
Stock
Bonds—
Stock (par $ 00)
$110,500
Ist mort., $215,000, gald,<
1897 5 g. J-J $215,000 July 1. 1917
not subject to call
c* ( Int. at Mass. Loan & Trust Co., trustee.
Officers— Secretary, W. G. Wheildon.
PORTLAND. ORE.
Population 1890 was 46.385;
CITY &
SUBURBAN
in
189.
Gross earnings.. $55,225 $52,565 Taxes
$866
$891
Net earnings.... 17,226
15,028 Insurance
2,333
1,597
Taxes and insurance are charged in operating expenses.
Officers— President, W.Canham; Secretary, F. J. Dixon; Treasurer,
W. J,. Jenks; Superintendent, H. a. Dixon.
1880 was 17,577.
aua steam road.
RY.— Trolley
Organization— lueorporated in 1891 as successor to the Willamette Bridge Ry. and Trans-continental Street Ry. In April, 1899,
acquired all the stock of the Portland & Fairview at 20 cents on the
dollar.
Stock
&
Bonds—
Date, interest. Outstandg.
Maturity.
$753,300
< 1889
6M-S 100,000 Sept. 1, 191J>
mortgage, $100 each
( Interest at Am. Loan & Trust, Boston.
WaV. & Wood. El. Rv., IStM., ) iqq,
c™ A
a - n
a «,. i
ioo\
O -t-innnn
110,000 Apr.
1, 1921
gold, subject to call at 104! \ ^^^^ 6g.
740,000 Sept. 1, 1916
City & Sub. consol. M., notj 1891 6g. M- 8
sub), to call, $100 each, g.. ( Int'st at Sec. Sav'g & Tr. Co., Portland.
Bonds.—City a Suburban consolidated mortgage is for $1,000,000, c
which $210,000 Is reserved for the prior lieus and (February, 1897,>
$50,000 for other purposes. Mortgage trustee is the Security Savings
& Trust Co.. Portland.
Road.— Operates 58 miles of track, including thirteen differ,
ent Hues, of which eleven start from the corner of Third and
Yamhill streets. Runs to Mt. Tabor and St. Johns.
About 8
miles are operated by steam and 50 miles by trolley. Rails 30 and 40
b. T and girder; 37 electric cars and 2 passenger coaches hauled
by steam motors. Operates also, under lease. Metropolitan Ry., 7 mOfficers.— President, T. Wood war :; Sec. and Treas., C. F. Swigert;
General Manager, H. C. Campbell.
InDEX-V. 62, p. 86
St'k.auth. $1,000,000 ($100)
WUlamette Bridge Ry., Ist
CITY &
WEST PORTLAND PARK MOTOR.
Organization— Chartered April
except that for trolley, which runs
Stock
&
Bonds—
Date,
1889.
1912.
4,
till
interest.
Stock, $100,000
Bonds—The: mortgage trustee is the Union Trust Company of Detroit.
In January, 1899, $58,000 of the bonds were still reserved for additions
and extensions at not exceeding 60 per cent of actual cost.
Road— Operates lO^a miles of track on 9^2 mile.s of road.
Annual Report— For tlscal yearending December 31 earnings were:
1898.
road.
Organization- Ovvns road from Portland, Me., to Yarmouth, via
Deerlng, Falmouth and Cumberland. Road, 13 miles, operated since
PLYMOUTH^ MASS.
POPULATION
PORTLAND & YARMOUTH ELECTRIC
RAIL\VAY-A trolley
Franchise
is
perpetual
Maturity
$100,000
100,000 July 1, 1911
OulslaiuHng.
lstM.,$100,000, gold, $100J 1891
6 J-J
and $1,000
Not subject to caU.
\
Interest at Illinois Trust & Savings Bank, trustee, Chicago, 111.
Road -Owns 7 miles of track in Portland, extending to suburbs oJ
West Portland Park. Trolley, 1 m.; steam, 6 m. Rails 35 and 50-lb. TExtensions of 12 miles and electrical equipment of present lines pro
posed in 1899.
Officers— President, E. T. Johnson; Vice-President, Treasurer, Gen.
Manager and Purchasing Agent, T.A.Wood; Secretary ,W. HoseaWood.
CONSOLIDATED STREET RAILWAY- -See
Portland Railway.
PORTLAND, ME.
EAST SIDE RAILWAY— A trolley and steam road.
Population 1890 was 36,425 in 1880 was 33,810;
and in 1870 was 31,413.
;
receiver's
PORTLAND RAILROAD.-
matured.
Orqanization—Chartered March 19 1863, under Isws of Maine. At
araeetlng Jan. 21, 1895, the stockhol .era voted to equip the entire
road with trolley and to issue part of the authorized issue of first mort
gage bonds to meet this expense.
In 1839 purchased the Portland & Cipe Elizabeth, which see.
MUes. Date, interest. OutsVng.
Maturity.
Bonds—
Stock
6 F.-A. $195,566
8tk.auth.$1.000.000.$100 ....
S«»e text.
Ist mortgage, $.500,000 g 16^j 1893 4»fig.M-N 500,000 May 1, 1913
Loans and bills payable June 30, 1898, $65,000.
The bonds cover all the property, equipment and franchises.
Dividends— li\ year 1892-93, 4 per cent; in 1894, Aug., 3 p. c; In
1895, 6 p. c; in 1896, 6 p. c; In 1897, 6 p. c; in 1898, 6 p. c.
Road— Owns 24-20 miles road and 3095 miles of track In Portland
Deerlng and Westbrook.
Annual Report— For the years ending Juae 30 as below
&
1893.
Gross earns... $302,126
Net earnings. 94,569
Other Income
25.065
Interest
1897.
$276,857
88,182
1898.
in July, 1892. The company went into
1893, before the first coupon on its bonds
In July, 1899, decree of sale was signed.
Bonds— Miles. Date. Interest. Outstand'g. Matxirily.
Organization— Chartered
1897.
Taxes
$6,4i^4 $5,579
Dividends
29,658 20,883
Surplus for year... 33,392 34,949
26,771 Total surplus
54,398 21.006
Officers— President, Wm. R. Wood; Secretary, Treasurer and Pur
chasing Agent, E. A. Newman. Office, Portland. Me. V. 68, p. 381.
(1) PORTLAND & CAPE ELIZA.BETH RY.-lD 189J was pur
chafed by Portland RR.
Stock
hands Deo.
8,
&
Stock, $250,000
$250,000
....
mortgage
1893 6 g. M-S 300,000 Mar. 1, 1923
J....
$300,000 gold
Trustee
&Tr.
Secu. Sav.
Co., Portland, O.
<
There Is also a second mortgage and receiver's certificate, all the
latter and all the first and second mortgage bonds being owned. In
February, 1899, by Morri-s & Whitehead, bankers, of Portland, Oregon.
Road— Operates 23 miles of road on the east side of the river, incluaIng the lino to Oregon City (falls of Willamette River), 15 miles, which
was completed March 1, 1893, and to Gladstone and Gladstone Park.
The total cost of the system Is said to have been .$52.3,000.
Equipment— Electric motor cars, 19; trailers. 4; steam motors, 3.
Officers— Receiver, C. H. Prescott, appointed in July, 1898, in
place of Joseph Simon.— V 69, p. 283.
Ist
PORTLAND RAILWAY-An
Organization— A reorganization
in
electric road.
1896 of the Consolidated Street
The Metropolitan Ry. was not
Ey., sold in foreclosure Jan. 8, 1896.
Included in the reorganization— see V. 62, p. 86.
Date, interest. Outstanding.
Stock
Bonds.—
Stock, com., *700,000
$700 000
&
Pref.,5pc.. $100.000
MulfmahSt. Ry. iNtM.g.
Port. & Vancouver Ry..
Port.Ry.lstcou.M.,p.o*?
aubj.to call Jau.l, 1906 <
5 J-J
Last
Div., etc
100,000
1890 6k. J-D
148,000
June 1, 1910
1889 6
100 000
1896 5g. J-J
55 .000
jan."'i,1916
Interest at Mercantile Trust. N. Y.. trustee
STREET
RAILWAYS.
cent of the "bonds issued hereunder"; bonds purchasod at not exceeding 110.
Road— Owns 15"10 miles of road second track, 114 m.; sidings, '59
m.; total, 16*33 miles of track.
Earnings- Yearending June 30, 1898, gross, $84,998; net, $3.5,458
interest and taxes, $22,840; dividends, 2 per cent, $15,000; balance,
deficit for year, $2,3«2; 1 897, gross, $85,300; net, $33,667; interest,
$18,100; dividend?, .$15,000; balance, surplus, for year, $567.
Portland Railway first oonsol. mortgage ts for $2,500,000 ($250, $500
and $1,000) of which bonds for $248,000 are reserved to take up at
maturity the Multnomah and the Port. & Vancouver bonds, $497,000
issued in reorganization, $55,000 for betterment, balance authorized as
required at $20,000 per mile for new road. Consols have a sinking fund
of 5 p. o. per annum after 1905, and are redeemable at par on and
The mileage covered by present mortgage debt is
after Jan. 1 1906.
25 miles. The Portland Ry. is not responsible for interest on the Metropolitan Ry. 1st morteage 6s, of which $145,000 are outstanding but
were not Included in the reorganization.
Road— Owns 25 miles of track.
Earnings— Fiscal year ends December 31. Earnings include Metropolitan Ry., which for 1895 showed a deficit under operating expenses.
1894.
1893.
1895.
$170,977
.$248,432
$167,822
Gross earnings
41,688
85,0.'J3
38,800
Net earnings':
Officers— President, O. F. Paxton; Vice-President, J. V. Beach;
Secretary and Treasurer, J. F. Batchelder.
;
,
Officers— President, J. W. Hi nkley, 489-493 Main St., Poughkeepme,
Y.; Secretary and Treasurer, Silas Hinckley, Poughkeepsie.
N.
PROVIDENCE,
North Providence, East Providence, Cranston and Johnston, and al
the street railways of the cities of Pawtucket, Central Falls (except
the Inter-State Consolidated) and towns of Lincoln and Cumberland,
serving, it is said, a population of about 250,000. In addition to theabove the United Traction & Electric Co. controls by ownership of
stock and bonds the street railway system in the Pawtuxet Valley located in the towns of Warwick, Coventry, Cranston and Soituate, serving at present a population of nearly 20,000, and also an electric4ight
PORTSMOUTH, VA.
PORTSMOUTH STREET
—V.
1880 was 11,390.
RAILWAY-Trollcy.
62, p. 86.
Organization —Chartered
in 1887.
Dec, 1918.
Stock & Bonds—
plant serving to a considerable extoiit the same population. The securities by which this ownership is held are deposited to secure the bonds
below described. The United Traction & Electric Co. was chartered,
in New Jersey to build and equip railroads, sell bonds, mortgages, eto.
interest.
Outstanding. Di«.,Mat.,Etc.
Date,
Bonds—
Stock
Stock
Q-J
$8,000,000 JiUy 1,'99, 1%
Municipal franchises expire in
Maturity.
interest. Outsland'g.
Date,
$50,000
Stock authorized $200,000
Jan., 1926
500,000
5 2. J-J
5
<bc;f,Arif>A
let mortgage $500,000
Trust
Co. N. Y. trustee.
Mercantile
^
1897
(?)
2dM. for $100.000
In August, 1897, a second mortgage for $100,000 was reported to
have been made to the United Security Life Ins. & Tr. Co. of Pennsyl.
&
,
^^^^ 5 g. M. ^Prov ^* 'Paw^is^ue \ ^"'«'''^«'
payable
road.
In May, 1899, the Pottsville Union Traction was incorporated at
Hairisburg, for the purpose, it is said, of consolidating the various
j
Leased for 99 years the
Oct. 5, 1889.
Pottsville & Reading Ry. (9 miles track), guaranteeing the interest on
the $100,000 of bonds of that road. Estimated will give service to a
p )pulation or 50,000.
Bonds— Miles. Date, interest. Outsland'g. Maturity.
Stock
.$650,000
Stock, $.50, full paid
1895 6 g.M-N
500,000 Feb. 1, 1925
Ist M. ,$500,000 gold. S
c*
$500 and $1,000. \ Int. at Real Estate Trust Co., Phila., trustee.
Interest due and accrued to July 1, 189S, $68,000; loans. $2,000.
Road -in 1 898 owned 10 miles of track, including sidings, and
leased 15 miles; total operated, 25 miles.
Earnings— Year ending June 30, 1898, gross, $109,638; net, $41,824;
int., taxes and rentals, $58,597; bal., deficit, $16,773. In 1896-7,
&
gross, $93,993; net, $22,715.
Officers— President, C. P. King; Secretary,
Chestnut
(1)
St.,
W.
C. Pollock, Jr.,
1340
Philadelphia.
POTTS V'lLLE & READING RAILAVAY.— A troUey
road.
Orqaniza riON— In 1894 leased for 99 years to the Schuylkill Electric
Ry. Co. for interest on bonds. Its securities, etc., are as follows
Stock, $50
$100,000 f. p. Main line
8 miles.
1 00,000
"
Sidings
1st M., 6 p. c, gold.c*
1
"
Dated 1895, F-A, Due 1925.
Total track
9
Trustee, Real Estate Tr. Co., Phila. Rails
78 and 60 lb.
(2)
TAMAQUA & POTTSVILLE ELECTRIC RY.—A trolley road.
— Leased to stock ($50)
$60,000
Organization
Schuylkill
from Jan
t
Electric for 30 years
15, 18a6. Total track,
3-13 miles.
60,000
c*
189.5, J-J, due 1925.
Ist mort., 6 p. o
|
I
Dated
I
Mortgage Trustee, Columbia Ave. Savings Fund, Philadelphia.
(;5)
SCHUYLKILL HAVEN & ORWIGS8URG STREKT
Organization— 56 miles
of track.
RY.
Leased to Schuylkill Electric
Mar.
1,
1933
first dividend was paid, being i^ p. c;
Ocl.,i3p.c.; in 1898, Jan., % p. c; April, %p. c; July, % p. c.;Oot. ^p.c;
in 1899, Jan., % p. c; April, 1 p. c; July 1 p. c.
Bonds— Total i.ssue limited to $8, 000,000, with pro visions for increasing
Population 1890 was 14,117; in 1880 was 13,253;
AND IN 1870 WAS 12,384.
Organization- Chartered
8,247.000
at Central Tr., N. Y., Trustee.
)
POTTSVILLE, PA.
lines in Pottsville.
8.
IstdolL M. $l',000?g S
Dividends— In July, 1897, the
vania, as trustee.
Road— Owns 11 miles of track. Rails 30 to 57 lb. Entension reported proposed in Jan., 1899. President and Gen. Manager, H. G.
Williams.— V. 62, p. 86, 234.
SCHUYLKIL-L ELECTRIC RY.-A trolley
R. I.— UNITED TRACTION & ELECTRIC.
Organization -Controls by ownership of stock and bords the entir©.
street railway system of the city of Providence and of the towns ot
miles of track, of which 5 miles operated with trolley and 2^ miles
with cable. Stock, $400,000; President, S. P. Smith, San Francisco.
in
-
-
of
Population 1890 was 13.268;
I.
PROVIDENCE PAWTUCKET PAWTUXET
VALLEY,
trolley
Organization—
R.
Population 1890 was 132,043; in 1880 was 104,856
AND in 1870 was 68.904.
and cable road.
TRACTION— A
PORTLAND
Portland Cable Co. Owns?**
1894
Successor
in
77
I
'
the issue by not over $1,000,000 for actual cost of new track (including
equipment) within 18 miles of the City Hall of Providence, R. I., and
additional to 104 miles of track, but at a rate not exceeding $12,000 per
mile of such new track. Under this provision $247,000 of bonds were
issued in 1895 against new mileage. The bonds are secured by mortgage on all the mortgage bonds and all the stock of the Union Ry. Co,
of Providence and all the stock of the Pawtucket Street Ry. Co.
The Providence Cable Tramway Co. is leased- to the Union Railway
Co. for 50 years for 6 per cent on its capital stock, all but two shares
of which is owned by the Union Railway Co.
Road.— In July, 1899, there were completed and in operation
116-9 miles, which include 111 miles of Pawtuxet Val. El. St. Ry.
In May, 1899, the Union RR. of Providence bought from the New
York New Haven & Hartford its Warwick & Oakland Beach or Button
woods branch, and this is to be changed from a steam to an electric
road. Contract goes into effect next January it is stated.— V. 68, p.
1027.
Securities Pledged.— The securities pledged include all of
the $8,700,000 capital stock of the Union RR. of Providence, all of
the $500,000 capital stock of the Pawtucket Street Ry. (no bonds) and
all of the $3,000,000 first mortgage bonds of the Union RR. of Provl
dence. The Union RR. Dwns $299,800 of the .$300,000 capital stock of
the Providence Cable Tramway Oo. (no bonds)
its
Treasury Securities—The United Traction & Electric Co. has
treasury $361,800 of the $400,000 capital stock and $150,800 of the
$198,000 first mortgage bonds of the Pawtuxet Valley Electric Ry.
All the above-described roads of the United Traction & Electric Co.,
including the Providence Cable Tramway, are now operated by elec.
trioity, and since completion of the electrical equipment in April, 1894,
the large increase in the earnings anticipated has been fully realized.
Latest Earnings -6 months ending June 30, 1899, gross, $917,730
$817,486 in 1898.
Yearly Earnings— Fiscal year ends June 30. Earnings have been:
Tears end. June 30
Oross.
Net.
Charges.
Bal., s-ur.
1898-99
$1,874,515
$780,898
1897-98....:
1,742,294
760,.598
1896 97
1,702,342
660,395
$412,350
$348,045
1895-96
.'47,075
1,720,784
659,425
412,3.50
Net is the result after deducting taxes, repairs, damages, etc.
Officers— President, Nelson W. Aldrich; Vice-Pre.sident, Marsden
J. Perry; Treasurer, F. P. Olcott of Central Trust Co., New York.— V.
65, p. 464; V. 68, p. 525, 1027.
m
—
Ry. for 999 years from July 28, 1898.
POUGHKEEPSIE,
PUEBLO, COL.
N. Y.
Population in 1890 was 22,206; in 1880 was 20,207;
and in 1870 was 20,080.
Population in 1890 was 24,558
POUOHKEEPSIE CITY & V/APPINOERS
FALLS ELECTRIC RAILV/AY-A trolley road.
Stock
&
Bonds—
8t'k,$7.50,000,par$100
l8t M. gold $1,000 8. f. S
Mites.
Date,
interest. Ontstand'ij. Maturity.
$750,000 f.p
3.i8,000 .Julyl,l!'24
20 1894 5 g. J-J
nooption
Int.inN.Y.City.
c*. \ Trustee. Cent. Trust Co., N. Y.
RondH—Tnes bonds are limited to $25,000 per mile of completed
trolley ro<i(}. $10,000 of tJiirt beins iasuaiile when track is laid and remaining $15,000 when equipped with trolley. No bonds can be issued
in exce.ss of $r)00.0OO " until the stockholders of this company shall
consent to such excess in the manner provided by the laws of the State
of
New
YorK."
Siuking fund, beginning Jan.
1,
1897, equal to
1
per
AND
in
in 1880 was
1870 was 666.
;
3,217.
PUEBLO TRACTION & ELECTRIC-A
trolley
road.
Organization-This company is a consolidation in 1899 of the
Pueblo Electric Street Railway Co. and the I'ueblo Light & Power (-o.
Date. Interest. Outsland'g.
Maturity.
Stock and Bonds—
Stock $500,000 (par $100)
$500,000
First mortgage, $7.50,000,^ 1899 5 g. J-D
566,000 June 1.191ft.
gold ($1,000 each)
< Int. at Am. l,. <fe Tr. Co., Boston, trustee.
Road— Owns 21 miles of trat^k, all iti oUv of F'ueblo. Rails 35-lb. T-..
Officers— President. M. D. That^'.lier; Vice-Pr-fs. and Trcas., Andrew
McClelland; Secretaiy, .lohn O.Albert; General Manager, John F.
Vai).— V. 67, p. 530, 902; V. 68, p. l75, 1183.
J
;
STREET RA.ILWAYS.
7«
QUINCY,
of
Population 1890 was 31,494 in 1880 was
AND IN 1870 WAS 24.052.
;
QUINCY HORSE
Interest payable at Maryland Trust Co., Baltimore, or banking house
John L. Williams & Sons, Richmond.
Mortgage covers entire property and franchises, also power house,
carbarn, etc. Sinking fund of 1^ p. c. annually of all bonds issued
ILL.
RY- &
27,26fc
CARRYING
CO.-
la March, 1899, Judge AUea iu the United States District Court for
the Southern District of Illinois decided that this company, under its
act of Incorporation, has an exclusive right to operate a street railway
In Qulncy for fifty years from Feb. 11, 1865, and he enjoined the J. C.
Hubinger Company from constructing a road under an ordinance
granted bv the City Council.
In Aug., 1898, purchased by a syndicate of Portland, Me., capital.
owning the street-car lines
Stock & Bonds— Date.
8tock,par$100
Ists
at Joliet, 111—V. 07, p. 372.
Matnrily.
Outstanding.
Interest.
$600,000
140,000
^
Oct.
^
1, 1910
5 A-O
l9t mortgage, $500 5 1890
Carrott, Qmncy. 111.
each...:...
i Trust's, E.J. Parker, J. F.
Oct. 1,1918
$310,000
5g. A-O
Istconsol. M. $550.-J 1898
c*. (Int. at Portland Trust Co., Portland, Me., Trus.
000, gold
interest on first mortgage payable at Qulncy (IU.) Trust Co.
Of the 58 of 1898, $140,000 will be used to retire the 1st 5s and
^100,000 retained by trustee for future extensions and improvements.
Road -Operates 15 miles of track.— V. 67, p. 372, 737.
President. W. F. Millikeu, Portland, Me.; Vice-Pres.,
begins July 1, 1900.
Tlie stockholders voted on Jan. 19, 1899, to increase the stock from
$300,000 to $600,000.
Road— Total track is 16^4 miles. Equipment 31 open cars, 4 closed
cars equipped with double "G. E. 1,000" motors, 3 trailers and 20
closed cars; 1 snow sweeper; total 59 cars.
Earnings— Fiscal year ending Sept. 30, 1893, gross, $142,272; operating expenses, including accident reserve, $88,735; net earnings,
$53,537; interest and taxes, $38,606; surplus, *14,931. For 1896.7,
gross, $124,505; net, $38,730; interest and taxes, $31,126; surolus
$7,604.
Latest Earnings— Oct. l, 1893, to May l, 1899: Gross earnings,
$81,778; oiierating expenses, $50,814; taxes and interest, $22,088,
surplus, $9,076.
Officers—President, E. R. Williams; Vice Pres't, W. M. Habliston;
Supt., S. P. Cowardin; Sec, Everett Waddey; Treas., R. L. Williams.—
V. 61, p. 472, 831, 1179; V. 64, p. 1043.
ROANOKE, VA.
Officers—
Geo. F. Duncan, Portland, Me.; Sec, W. B, McKinley, Quinoy,
Treas., Henry B. Cox; Supt., C. C. Rush.
111.
Population 1890 was 16,159 and in 1880 was 669,
ROANOKE STREET
RAIL^VAY.-A trolley road.
Population of Roanoke estimated in 139 7 at 20,000.
Organization The Roanoke Street Railway and the Roanoke Electric Light & Power were both sold at foreclosure August 1, 1899, and
bought by the leorganization committee, consisting of Charles R.
Spence, Second Vice President of the Mercantile Trus & Deposit Co.
of Baltimore, Major Richard M. Venable and S. Hamilton Graves.
The reorganization plan provides for the issue of $300,000 first mortgage bonds, $192,000 second mortgage bonds and $200,000 stock.
Road— Operates 14 miles of road in city of Roanoke, extending also
8 miles to Salem, Va.; total track, 2212 miles.— V. 68, p. 1183; V. 69,
—
RACINE, WIS.
Population 1890 was 21,014. in 1880 was 16,031
AND IN 1870 WAS 9.880.
CO.-A trolley road.
BELLE CITY ELECTRIC
acquired by the Milwaukee Electric RailThis property was in 1899
<fe Light Co., which see.— V. 68, p. 619.
way
READING, PA.
p. 82, 284, 334.
POPOLATION 1890 WAS 58,661 IN 1880 WAS 43,278;
AND IN 1870 WAS 33.930.
ROCHESTER,
UNITED TRACTION—See "United PowerA Transporta.
N. Y.
Population 1890 was 133,896; in 1880 was 89,366;
and in 1870 was 62.386.
tion Co." under Philadelphia.
ROCHESTER RAILV/A Y-A troUerroad
In April, 1899, it was reported that the Cuyler Morgan syndicate
had secured an option on the stock, and that the same syndicate was
arranging to connect Rochester with Lewiston, N. Y. (70 mUes), and
RICHMOND, VA.
POPULATION 1890 WAS 81,338;
AND
IN 1870
WAS
IN 1880
51.038.
was 63,600
& ELECTRIC
RICHMOND RAILWAY
lighting
railroad and
hence
CO--
plant.
electric
Operates an electric
The control of this property and its allied lines has been acquired by
a syndicate of Richmond capitalists composed of the following:
Messrs. V. Newton, President of the First >"ational Bank; J. N. Boyd.
Presidentof the Planters' National Bank; S. D. Hensbaw and Thos.
Atkinson. The details of the deal have not been made public, but it is
understood that it is dependent on the renewal of a franchise about to
€xpire.-V. 66. p. 1238.
Organization— Organised in 1890 by consolidation of three street
railway and three electric-lighting companies. The company occupies
principal streets of Richiuoud and Manchester, thus furnishing street
railway facilities to over 100,000 people. The company supplies the
entire electric lighting for the two cities, having exclusive contracts
with both municipalities.
The Richmond & Manchester Railway is operated under lease for 99
ears from 1893, 5 p. c. Interest being guaranteed on its $400,000 bonds.
Outstanding
Interest.
Maturity.
Dale.
t^TnrK A Bonds —
.
$2,000,000f.p
Capital stock ($100)
July, 1920
2,000.000
1890
5g. J.-J.
l.^st luortg., $2,000,000 >
Int. at Trustee. Atlantic Trust Co., N.Y. City.
$1000 Bold
S
400.000
July 1, 1933
5J.-J.
RU^h.&Manch. ($1,000 > 1893
each)gua., p. &i.,end. \ Int. at Trustee, Atlantic Trust Co., N. Y. City.
The Rich. Ry. & Elec. mortgage, it is stated, covers in addition to the
electric-lighting plant about 44 miles of track, the remaining 36 miles
of the system being controlled in the company s interest.
EARNiNQS-For year ending Dec. 31:
«.,,„>.=.,
Rich.
Rich. Ri/.
1898.'
<£
Elee. Co,
and
^
<t Elec. Co.
allied lines:
By
1898.
1897.
1897.
$414,251 $413,309 $477,541 $475,851
201.854
162,969
166.811
186,353
13,538
11,624
11,159
13,280
188,316
171,729
151,810
153,531
Net Income
Equipment— The equipment includes 112 cars.
Officers— President, Dr. John P. Munn; Vice-President and Treasurer,
Gross earnings
Net from operation
Insurance and taxes
G. E. Fislier Secretary, F. J. Craigie, Richmond, Va.; Asst. Secretary,
Donald B. Toucey, New York City. New York office, 37 and 39 Wall St.
-V. 66, p. 1233; V. 69, p. 334.
;
RICHMOND TRACTION
CO.-An electric road.
ORQANIZATION-Incorporated Aug., 1895. First division of roadopened
for business J une 20,'96. Operation of entire system commenced Apr.lO,
1897. This company operates a doujle-track electric line the full
length of Broad Street, one of the principal thoroughfaresof the city of
Richmond; also several branches radiating Into different thickly populated sections of the city.
The tracks of the company within the city are laid with 95-lb. steel
^rder rails on white oak cross-tieo and for a conslderal)le portion of the
distance embedded in concrete, and along streets paved with granite
»jlocks. The lines in the 8Ul)urbs aie laid with 60-lb. steel J rails. Company owns Its power house, brick and steel car house, etc. Population
of Richmond and 8Uburb8,lucludingMaDchester,e8timatedat 115,000.
Stock
&
Bonds—
Dale.
($.50)
Stock, $600.000
1st M.,$.j00,000.g.,c'($l,000) 1895
interest.
5 g.J<3ubJ. to call 105 after July 1, 1900.) Trustee,
Outstand'g. Maturity
$600,000
.500,000 N'vl, 1926
Maryland Tr. Co., Bait.
wttli Buffalo.
25, 1890. Operates about 80 miles
of track i a city of Rochester, with extension to Ontario Beach, 8 \ miles,
and to Windsor Beach, 9 miles. The Rochester Electric Railway was
leased in September, 1894, at a rental said to be 8 per cent on $200,000 stock, and whenever gross reoeipts exceed $55,000 one-quarter of
Organization—Chartered Feb.
such excess. The Rochester & Irondequoit was leased for 10 years at
an annual rental of $8,000; see that company under Irondequoit.
Date. Interest. Outstanding.
Maturity.
Stocks & Bonds
$5,000,000
CaiJital stock ($100)
Roch. C'y & Brighton 2d ) 1882 6
J- J
500,000 Jan. 1,1902
Int. at Flour City Nat. Bank, Rochester.
M., now 1 St M. ($500).
S
A-O
Rooh. Cy <fe B. 3d M., now < 1889 6
175,000 Apr. 1,1919
Interest at Rochester Tr. & 8. D. Co.
>
2d M. ($500)
^^90 5g. A-O
2,200,000 Apr. 1, 1930
Rn^ihesTpr Rv Consol M- ^
•
. .
TsWooomSg?^* J^'*(^tt7' ^*
<^"J'i«'''
"^«''S^°
* <^«' N«^ Y«^^
1893' 5g.J-D
g.)
1,280,700 Deo. 1,1933
c* 5 Interest is payable at Security Tr. Co., Roch.
($1,000 each)
Debentures, gold
)
1891 6g. M-8
178,000 Mch. 1, 1911
Subject to call after Mar. 1, 190 1.
($500 each.)
5
Collateral trust notes )
1897 6 M-S
182,000 Mar. 1, 1905
($1,000)
J Interest at Security Trust, Rochester.
Consolidated mortgage ot 1890 and second mortgage cover all present
and future property ot the company, and the bonds are to have their
principal and interest paid without deduction for any tax payable by
the company under any law of the United States or New York State,
and imposed upon the bond for national, State or municipal purposes.
Of the cortsois $1,000,000 are reserved to retire underlying bonds of
the Rochester City & B. RR. and of the second mortgage 58 $750,000
were reserved to retire the $600,000 of debentures, of which $173,000
still outstanding in Juno, 1899.
Road leased—
Road— OiCHcrf J'ue 30, '98. Miles.
Miles.
Main line, trolley
4'63
46 05 Rochester Electric
Second track
3468
do
do
2d track... 4-13
Sidings
1-80 Rochester & Irondequoit
4*47
do
2d track & siding 4*57
2d M., $1,500,000,
Total oper. June 30,'98.
Weight of rails, 40 to 100 pounds
rrend.JaneZO. 1899.
1898.
1899.
Gross earn'gs. $847,443 $786,694 Int.on bonds)
Net
350,944
310,024 Taxes
[$296,249
Other income.
7,545
10,439 Rentals
)
. . .
100-33
1898.
$291,022
. .
Net income... $358,489 $321,063
I
Balance, sur. $62,240
30, 1899.
$30,041
GENERAL BALANCE SHEET JUNE
Liabilities.
Assets.
Cost of road
) aq ooq aoi
Cost of equipment.... \ ^y.-^-^.o-^
Stocks of other comp's.
167,500
17.834
Supplies on hand
16,258
Cash
23,590
Open accounts, etc
$10,153,809
'JLOtal
Capital stock
$5,000,000
4,551,700
Bills payable
170,200
Open accounts, etc
55,886
Accrued int., taxes, etc. 171,341
Profit and loss, surplus.
204,682
Funded debt
Total
..
$10,153,809
Officers.—President (Aug., 1899), Frederick Cook; Vice-President,
and Gen. Man., T. J. Nicho 11; Secretary, G. G. Morehouse; Treasurer, Frederic P. Allen.
Index -V. 67, p. 690, 951; V. 68, p. 826.
ROCHESTER CHARLOTTE & MANITOUCapital
Stock
Iss'-iod.
&
Bonds-
Bonds, $82,000,
first
.stock, $100,000, of which $97,500 ia
mortgage, gold, 5 per cent; interest pay-
MAP SHOWING ALL THE STREET RAILWAY LINES
IN THE CITIES OF
RICHMOND
&,
MANCHESTER
VIKGtNIA.
BICHMONB
RY. & ELECTRIC CO..
AND ALLIED LINES ^^m
Electric Co. Lines temporlly discontinued
Bldunond Railway and
.—---—
with light of relaying
Richmond Railway and Electric Company's Real Estate
Richmond Traction Company
.
.
•
'
100,000
Estimated Population 1898
Richmond
"
'3,000
Manchester
Richmond and Manchester Suburbs Population 1898.. 12,000
"
*
Total,
H
125,000
y^-
/
"^
•j^.
TC
^#V/
V
STREET RAILWAYS.
able annually on Deo. 1st. Dated Deo. 1st, 1895; due Dec. Ist, 1925.
Issued, $81,250. Trustee, Security Trust Co., Rochester, N. Y.
Road— From Charlotte (suburban town and resort of Rochester, on
Lake Ontario,) to Manltou Beach, on Lake Ontario, 7*75 miles.
Earnings.— Year ending June 30, 1898, gross, $11,656; net, $4,268,
charges, $4,772. 1897, gross. $10,296; net, $884; charges, $5,113.
Officers— President, Michael Doyle; Chairman, Lewis Warfleld;
54 Wall
New York
Street,
City.
BAY RAILM^AYROCHESTER & SODUS with
authorized
ORQANIZATION— Organized
capital of
1898,
$1,000,000, to build an electric railroad from Sodus Point, Wayne
County, on Lake Ontario, to the city of Rochester, about 42 miles.
Permission to build the
Rights of way, it is said, have been secured.
road was granted by the RR. Commissioners on Jan. 25, 1899.
In
Van
LIOHT & PO^WER CC-
with the Rockford Traction Co. after foreclosure.— V. 67, p. 321, 1056.
interest. Outstanding. Maturity.
Date,
Bonds
Stock
$350,000
Stock, $350,000
150.000 May 1, 1910
1890
6 M-N
Ist mortgage
1898
1918
5g.
(?)
New mort.,g., $300,000.
Trustee of first mortgage is the Northern Trust Co. of Chicago, 111.
Bonds— Of the new 5s of 1898 $150,000 are reserved to retire 68.
R0At>— 22 miles of trolley. Extensions reported proposed in 1899.
Officers— Pres., R. N. Baylls; Ti-eas., W. F. Woodruff; Gen. Man.
and Purch. Agent, T. M. Ellis. DIRECTORS— R. N. Baylies, Gilbert
Woodruff, H. W. Price, G. W. Wattles and John Farson.— V. 67, p.
—
127, 321, 1056.
ROCKLAND, ME.
Population 1890 was 8,174; in 1880 was 7,599;
AND in 1870 WAS 7,074.
ROCKLAND THOMASTON & CAMDEN
STREET RAILWAY.-An electric road.
&
Date,
interest. Outst'd'g.
Maturity,
Bonds—
Stock
$250,000
Stock ($100) ($300,000 auth.)
1892 5 J- J
250,000 May 1, 1922
^
latM
(*2=>onoo»
M. ($^DO,ouu)
1st
^ Interest at Nat. Exchange Bank, Boston.
1,
5,000
Loans & bills pay. July '99
Road Operates about 1 6 ig miles of track from Thomaston through
Rockland and Rookport to Camden.
Net.
Int. and taxes. Bal..9ur.
Tears ending June 30. Gross.
$70,211
$29,298
$15,713
$13,585
1899
11.304
25,436
14,132
68,223
1898
11,235
66,782
25,693
14,457
1897
Officers— President, G. E. Macomber; Secretary, H. M. Heatii;
Treasurer, A. D. Bird Supt. and Purch. Agt., Thomas Hawken.
;
GA.
Organization—Chartered in 1894 as successor to the
Railway, which was sold in foreclosure July 5, 1895.
Bonds—
Rome
Street
Outst'd'g.
Maturity.
$57,000f.p
l8tmortg.,$100,000, gold) 1894 g. A - O 100.000
Oct. 1,1914
$1,000, not subj. to call. ) Int. at Am. Sec. &Tr. Co., Washington, D.O.
Bonds— On Jan. 1, 1899, $3,000 stock was is the treasury. On Deo.
31, 1898, $100,000 bonds were held by stockholders of company.
Road -Owns 61b miles of track (of which 11b built in 1897, funds
being contributed by bondholders), laid with 35 and 45-lb. T rails.
Gross, $15,417; net, $3,447
Latest Earnings- 7 mos., ) 1899
51898
Gross, 13,835; net, 2,165
Jan. 1 to July 31.
For year ending Dec. 31, 1898, gross, $23,511; net, $1,730. In
1897, gross, $23,021; net, $4,667. In 1896, gross, $21,083.
Pres., Seymour Cunningham; Gen. Man. and Treas., J. B. Marvin.
Date,
interest.
$100
ROME,
ROME
IN
rs
1880 was 12,194;
1870 WAS 11.000.
CITY STREET RAIL^VAY-A
horse road.
In Marcli, 1899, arrangements were in progress for operation by compressed air motors, and stockholders voted to inorease stock from
$50,000 to $150,000.
Stock ($50,000) par $100.. $50,000
Earnings- Year ending June 30,
Road—Owns
—
RY.-
consolidation of th«
Sacramento Electric Power & Light and the Folsom Water Power Co.
The water power is obtained from Folsom, 24 miles from Sacramento. In 1899 also made a contract with the Yuba Electric Power
Co. for the exclusive use of 5,000 h.p. of power. The total cost of the
property (including the railway, hydraulic works, lighting plants
parks, etc.), was to Jan. 31, 1899, $2,873,271.
Miles. Date, interest. Outst'd'g.
Bonds
Maturity
Stock
Stk.,$2,500.000 ($100)
$1,500,000
Central El. Ry. Ist) 16
1S92 6g. J-D 265,000 .lune 1, 1912
M.,
$400,000,
($25,000 due yearly) to June 1, 1921
g., \
$1,000 &$500....o*)lnt. atCal. S. D. & Tr. Co., San Fran., Trustee.
Consol. mort., $2,500,- )
1897 5
M-N 2,070,000 Nov. 1,1927
^Int. at Cal. S. D. &Tr. Co., San Fran., Trustee,
000 ($1,000)
Bonds— Of the $2,500,000 bonds authorized, $265,000 are reserved
for the Central Electric Ry. fl^rsts, and a portion was used for the retirement of the $1,650,000 6s of 1896.— V. 65, p. 977.
Road— The railway system extends 16^3 miles with 2413 miles of
single track. It covers the entire city and has valuable franohlees
running 50 years and giving practical control of transportation in the
city. East Park and Oak Park are owned.
Earnings- Year ending Jan. 31, 1899 (railway department only),
gross, $153,867; net, $57,014.
Officers—Pres., L. P. Drexler; V.-P. and Gen. Man., Albert Gallatin;
Secretary, Albert Gallatin, Jr.; Treasurer, California State Bank,
Sacramento, Cal.—V. 65, p. 278, 977.
—
&
«^
SAGINA\V, MIGH.
Population 1890 was 46,169; in 1880 avas 29,541;
AND IN 1870 WAS 20,685.
SAGINA^V VALLEY TRACTICN-A
trolley road.
Organization— Incorporated Jan. 7, 899, as a consolidation, per
plan in V. 67, p. 1111, of the Union Street Ry. and the Saginaw Consolidated Street Ry. (both foreclosed Oct. 15, 1898) and the Inter
Urban Ry. V. 68. p. 233.
Date.
Date,
Interest.
interest.
Outstanding. Maturitu.
Stock & Bonds—
1
stock, $700,000,
$700,000
Pref. stock, 5 p. c. cum., ;
$400,000; par, $100 ;y
400,000
pref. as to assets
div.
1st mort. $850,000 gold, ) 1899
5 g.
680,000 Feb. 1,1924
$1,000 each
ilnt. at Boston Safe Dep. & Tr. Co., trustee.
Bonds— Of the 1st 58 $170,C00 are reserved for extensions and
F&A
improvements.
Road— Owns and operates 40 miles of track, including line from
Saginaw to Bay City, and all electric railroads in Saginaw. The Inter
Urban line to Bay City includes 11 miles owned and three miles operated under contract; also 5 miles of private right of way and
bridge across the Saginaw River costing $60,000.
Officers— President, Homer Loring, 53 State St., Boston, Mass.
Treasurer, Frrnk D. Ewen; Secretary, Charles S. Smith; Executive
Commltlee, Thomas A. Harvey, Chairman; Geo. B. Morley and Gilbert M. Stark, all of Saginaw, Mich. V. 67, p. 1111; V. 68, p. 233.
INTER URBAN RY-UNION STREET RY--
"I
Consolidated In Jan.,
11899,
as
SAGINAW CONSOL. ST. RY.- e^e^above!
SAGINA'W SUBURBAN R Y--To be a
Chartered
Saginaw
^''•''''^°*'
trolley road.
Organization—
$4,986 $4,861 $6,115
loss 848 loss 470 loss 443
512
P. &L....df.l,699 df.982
in
1880 was 7,502.
RUTLAND STREET RAIL^VAY. -A
To extend from Bay City
to
about 52 miles, via West Bay City, Saginaw, Frankenmuth, Clio,
Penn Run and Mt. Morris. In Sept., 1898, contract was reported to ba
let and construction begun. President, A. H. Swarthout, Saginaw,
Mich.
ST.
JOSEPH, MIGH.
Population
in
in 1898 (kstimatkd), 5,000; 1890 was 4,926;
1880 was 3,550; and in 1870 was 2,994.
ST. JOSEPH & BENTON HARBOR STREET
RAIL^VAY CO.-
RUTLAND, VT.
Population 1890 was 8,239; and
in 1898.
Flint,
1897-8. 1896-7. 1895-6.
6-7 miles track.
Officers— President, J. s. Ward- Gross....
Net
well; Secretary and Treasurer, W.
P. Rayland.
V. 08. p. 674.
1880 was
J
N. Y.
Population 1890 was 14,991;
AND
m
4,
&
CITY ELECTRIC RAI LM'" A Y-A trolley road.
&
—
par,$100
;
Stock
be troUey.
In Feb., 1899, contract let; road to be completed during 1899.
Company also petitioned to enter Biddeford, but petition denied. To
carry passengers, freight and express.
Date.
interest. Outstanding. Maturily.
Stock and Bonds
Stoot, $250,000, par $100
$100,000
1st M.,g.,$200.000 ($1,000 ) 1898 5 g. F - A
Feb. 1, 1928
(1)
ea.); S. f. after 1904.. o' s Int. at Mass. L. & T Co., Boston, Trustee.
Officers.— President, E. F. Walker, Philadelphia, Pa.; Clerk, (diaries
Butler; West Buxton, Me— V. 66, p. 710; V. 67, p. 321.
Common
>
Population 1890 was 6,957 in 1880 was 3,877
and in 1870 was 2.748.
Stock. .$60,000, par
RR.-To
Organization.— Incorporated to construct a road from Saco to
Bonney Eagle, Me. Population to be served estimated about 30,600.
Organization—
Orqanization—The Rockford Citv Ry. was chartered Jan. 20. 1890,
and name changed as above in 1898. In Nov., 1898, was consolidated
ROME
1880 was 6,389.
SACRAMENTO ELECTRIC OAS &
Incorporated April
1896. A
;
&
in
;
SACO RIVER ELECTRIC
Population 1895 was 35,000; in 1890 was 26,386;
21,420; AND in 1870 was 16.283.
ILL.
Population 1890 was 23,584 in 1880 was 13,129
AND IN 1870 was 11,049.
RY.
Population 1890 was 6,075
SAGRAMENTO, GAL.
ROCKFORD,
ROCKFORD
SAGO, ME.
John H. Gregory, Treasurer
J. Nlcholl, President;
Voorhis, Secretary.
Officers— T.
Charles
79
trolley road.
Organization.- In 1894 rebuilt the line as a trolley road and newly
equipped it throughout. Stock authorized, $150,000; Issued, $125,000,
let mortgage, 189 J, 68, M. <fe S., authorized, $100,0(X); Issued, $81,600;
Operates 8 miles of road on 8 miles of .street. Pres. J. W. Cramtoc.
OrqANIZATION— Chartered in 1884. Stock, 8100,000. First mort.
gold 6s, J&J, $200,000, dated July 1, 1893, due July 1, 1912, interest
payable J-J, at 111. Trust & Savings Bank, Chicago, Trustee. Oper.
ates 8 miles of trolley track on 5>« miles of street. For year ending
Dec. 31, 1898, gross railway and light earnings, $55,691; net, $20,436;
int., $11,703; bal., $8,73.3, charged offfor depreclatioii.— V. 66, p. 1090
Pres.,
W. Worth Bean; Sec, W. H.
Hull.
.
,
.
STKEET RAILWAYS.
80
MO.
jO^t.t-'M,
iji
a cash capital of $1,908,225 free from
uudei its lease.
roPDLATiON 1890 WA8 52.324; IN 1880 was 32,431;
AND IN 1870 WAS 19,565.
ST JOSEPH RAIL^VAY LICHT
POWER.—Owus In
all
HEAT
&
Missouri
track.
E. H.
Rl-l.
Harriman, New York City; Secretary
Van Brunt.— V. 81, p. 926.
T.
Dale.
) ,
an,.
j
ST.
HI J.
Organization.-This wa.s formerly tlie Central Traction Company'
a corporation chartered under the lawH of Missouri, but name cbauged
Has arranged to acquire
to United Railways Company of St. Loui.s.
all the street car lines in operation in St. Louis with the exception of
ihe St. Louis ifc Suburban system. The eombination has been arranged
by a syndicate headed by Messrs. Brown Brothers & Co., New York.
See plan in V. 69, p. 231. The company on April 12, 1898, re(^ei^ed a
flfty-year franchise from tlie City of St. Louis authorizing it to build
79 1^ miles ol street railroad on several of the most important streets
of the city, and also giving permission to acquire by lease or puri base
any other street railroad in that eity. Under author ty tlius conferred,
We give both tlie
the following properties have been absorbed.
amount of stock aciiuired and the amount not acquired.
Amount of
Stock not
tiquireU.
Slock Acq uirit/.
Boad Absorbed.
460 shares.
23,540 shares.
Llndell Railway Co
Entire istue.
None
Missouri RR. Co
04 8haref.
24,731 shares.
National Railway Co
Ent re it-sue.
None.
St. Louis Traction Co
109 shares.
Southern Electric Ry. Co., cotnmiiu.. 4,^91 shares.
•'
"
140
preferred. 9,860
do
do
Do
None
Entire issue.
Union Depot RR. Co
As under the laws of Missouri the United Railways Company has*
the power to purchase all the property and franchises of any oiher
Street railway with which it connects, or intersects, on obtaining the
approval of two-thirds of the stockholders, ownership of the above
stocks will be followed by actual deeds of the properties of the various
constituent companies.
Lease— -A-11 the lines of railway of the United Railways
to be leased to the St. Louis Transit Co., which see.
Road.—The mileage of
Company
the combined system will be as follows
Miles.
aie
:
MissouriRR. System (elec). 16-61 St. Louis Traction Co. (cable), 9 50
do (cable). 9-60 Southern Electric Ry. (elec.) 22-5i>
do
ao
Linden Ry. System ,(elec.) ..*7r»-ll National Ry. System (elec.) 62-97
do
do
do
(cable) 14-62
Union Dep'tRR.Sys (elec). 75-87
Jefferson Ave. Ry. (electric). 670
rr.„»„i !„ ^„»>on^,, 5 Electric.
operation
Total
m
25976
miles
?
33-72 miles ?
J u^ble
Under construction. United Railways Co
Authorized, but not under construction
Authui-izcd, but not yet constructed, Lindell Ry. System
Total in operation, under construction and authorized
oqq./ic
^93-48
22-<
57 5«'
46
l"".
41915
Including county roads.
Stock and Bonds— Per the purpose of acquiring the properties and
franchises or the shares of stock of the above-named companies and providing tor the present mortgage debts, the United Railways Co. of St
Louis will issue the following securities.
''ienctal tirsl Mortgage 4 per cent 35-year gold bonds
$45,000,00(1
Of which reserved for future betterments, improveacquisitions
(iuoluding
minority
stock of St.
ments and
Louis RR. Co. not now owned in the National Ra'lway
System, and also the $3,000,000 bonds in the St. Louis
8,000,00<
^ Suburban Syntern)
Reserved for underlying liens
14,000,00('
To be paid over to the stockholders of the .several con-stituent street railway companies
23,000,00'
-t'reurred Stock, 5 percent cumulative
$2u.O0O,O0('
Of which reserved for future acquirements, expenses
of consolidation, betterments and improvements
8,435, 00('
To be issued to the stockholders of the several constituent companies
11,565,00
Oominon ^tock
$25,000,00t
Of which reserved for future acquirements, betterments
and improvements
7,652,50('
To lie issued to the stockholders of the several constitueui companies
...
17,347,50()
The St. Louis & Sul)urban system alone of the street ear lines in St.
"Louis has not been acquired $3,000,000 of the new 4s, however, will
"be reserved for the sole purpose of retiring its bonds in case its pur
chase chould at any time be thought desirable. The 4 per cent loan i.to be secured by all the stocks of the com tituent companies, or bj
;
direct mortgage lieu upon their property and franchises in so far a
City
Lease Ouaranty.— The St. Louis Transit Co.. besides leasing all th'
lines of railway o( the United Railways Co. of St. Loui.-, is to guarantee
the payment of interest upon all the new is as well as on the bonds o;
tue constituent ompanles. and also 5 percent, payablejseml-aunually.
upon the preferred stock of the United Company.
Jixciange of Stock.— The St. Ixtuis Transit Co. is to exchange its
Htocklorihe common stock of the United Railways Company of St
Louis, share for sliare, upon pa.\ meut to it b; the stockholders of the
United Rallw^s Co. tf $11 per share. Ihis will give tlie Transit Co.
i
RR. Co.
\
^^^^
1,
1900
pie's Ry.) 1st mort..
Og. A-O
791.000
1, 1910
1900
2,40;^,000
June 1, 1918
6g. J-D
300,000
6 g. J - J
Oct. 1, 1910
Subject to call Oct. 1, 1900
277,000
Nov. 2, 1905
5 M-N
J
J
Subject to call after
Southern Elec. System—
Southern Elec 1st M.,.. 1884
ConsoL M. ($.500,000) ..1889
Mort. of 1896, $200,- ) 1896
7
6
6
1,
J-D
125,000
Subject to call after 1892.
1886
Oct.
Subiect to call Oct.
5
2ndmortffaM
.^na
mortgage
M-N
M-N
-
M
5g.
N
75,000
May
1.
May
1,
1902
May
1,
1902
Ib96
164,000
336,000
200,000
May
May
1, 1904
1, 1915
.April 1, 1916
and St. L., Mo.
000 ($1,000), gold.oUnt. pay'le at Louisville, Ky.,
National System —
St. Louis RR. Ist M., ) 1890
5 M- N
1.948,000 May
cur. ($1 ,000 each) ..
Baden & St. Louis Ist
mortgage, gold
Cass Avenue & Fair
Orounds
Ist M.,$2,-
000,000,
g.,
5
J
)
May
1893
5g. J-J
250.000
July
Subject to call after July 1, 1893.
1,
1,
1,
1910
1900
1913
1892
5g. J-J
1,813,000 July 1, 1912
Subject to call at 102 on any July 1st.
Interest at No. Trust Co., trustee, Chicago.
(Nat. Ry.)... e*
i.
Citizens' Ry.lstmort.
gold ($2,000,000)
Tot
*
Subject to call
1
$1,000,
sink. fund., euar. p.
&
.
.
Av. RR., M. / , aa~,
^^^^
$400,000
\
Formerly Peoples' Ry. Cost. Louis Tract. (Peo- ) 1882
6
JeflFerson
.
6 J-J
1,500,000 July 1, 1907
Int. at Amer. Exch. Nat. Rank, N. Y. City,
Trustees are Chas. Parsons ana Thos. E. Tutt.
•1887
.
'
$13,9«0,100
1
Owned
jointly
by Missouri, Lindell, Union Depot and National
companies.
Earnings.— Messrs. Haskins & Sells, Certified Public Accountants,
have prepared a statemeDt showing gross earnings, operating expenses
and net earnings of the combined companies for the fiscal year ending
June 30, 1899, and also the fixed charges as they will exist when the
proposed plan is completed.
(frets
Ottier
Net over
Total
DeducEamings.
taxes.
Income.
Net Income,
tions.
Balance.
$5,412,557 $2,032,099
$4,566 $2,036,665 $67,602 $1,969,063
Deduct adjustments to preteiit basis (net)
8,584
Fixed charges— interest on present bonded debt
Interest on proposed issue of $28,000,000 new 4s
$1,960,479
773,597
920,000
Net surplus under plan
$266,882
As a result of economies in operation to follow consolidation and
an increase in tratflc, it is estimated the surplus above charges for
1900 will be $1,092,509.
Officers.—President, Edwards Whittaker; Vice-President, Murray
Caiieton; Geu. Manager, Jilson J. Coleman.
Directors, Edwards
Whittaker, Patrick Calhoun, C. D. McLure, H. C. Haarstick, Murray
Carleton, W. H. Thompson, H. S. Priest, W. F. Boyle, Corwln H. Spencer, F. E. Marshall, George W. Hunter.- V. 68, p. 381, 428, 673, 773,
1227; V. 69, p. 132, 181, 231, 284, is34.
ST.
LOUIS TRANSIT COMPANY-
Organization—This company was formed under the laws of Missouri, and is to lease all the li es of the United Railways Company of
St. Louis. By St. Louis City ordinance, approved March 20, 1899, has
power to acquire, lease and operate until March 18, 1939, any of the
which will be acquired under the proposed plan by the United
Railways Company.
Stock is to be inc eased to $20,000,000 and to be exchanged, share
for.share, for the common stock of the United Railways Company, upon
payment by the stockholders of the latter of $11 ler share in cash.
Company will guarantee tliH payment of interest upon all the bonds
of the United Railways Co. of St. Louis and its constituent companies
and also 5 per cent upon its preferred stock.— V. 69, p. 231.
lines
ST.
LOUIS & BELLE VILLE ELECTRIC RY.-
road. Double track railway between Belleville and East St.
Louis, 23 miles, completed in Feb., 1839. Stock increased in Jan., 18fa8
from $50,000 to $500,000 —V. 66, p. 83. In May, 1898, made a mort-
A trolley
gage to secure $500,000 5 p. c. 40 year gold bonds ($500 and $1,000
Breckinridge Jones, Vice-Pres. Mississippi Valley Trust Co.,
each).
Trustee.
In August, 1899,
Belleville
4»uri;iia.-ed.
June
Aug. 1, 1911
1,500,000
5g. F-A
payable in New York and St. Louis.
Comp'nH.U.D.&M.T! ^ 1893
6 g. J-J
1,000,000
JiUy 1, 1913
Ist mort., gold
o* S Interest payable in New York and St. Louis.
TaylorAve.RR.l8t M.,g.l893
500,000
July 1, 1913
6g. J-J
Total net from operations
Miles.
1906
^^"'*''**'
goid" $i,006'each.^
*
UNITED RAILWAYS COMPANY OF
"LOUIS— C*ef M«p, p.
1,
^^si^sWoo'^'^o-fer^lS^l
Mound
Population 1890 was 451,770; ik 1880 was 350,518;
AND IN 1870 WAS 310,864.
Mch.
Lindell System—
consol. M., gold
s
ons. M. ($3,500,000) g.l893
MO.
Maturity.
3!-rnt\ r\i\r^
$700,000
t^
-b.
Subject to call in 1901 at 105.
For. Park Laclede Av.
92,100
7p. c.
& 4th St. bonds
\
UNION Depot System—
Union Depot RR. Ist > 1890
ST. LOUIS,
obligations except those
(hitstand'g.
Interest.
= m
Vp®*^^ 5M.
1st mtg.,
$1,000,000
;
Officers— President.
Missorui SvsTKM—
33 miles of track.
H. A. Scheuck; Qen. Man., W.
all
BOND I8SUKS OF CONSTITUKNT COMPANIES.
Organization— Inooriwrated in 1895 to succeed to the property o'
the St. Joseph Traction & Lighting Company, sold in foreclosure Aug
21, and purchased for the bondholders for $300,000. The new co u.
pany has an authorized cajjital stock of $3,500,000, of which $2,000,
090 is preferred, and assumes $100,000 Wyatt Park bonds 33 miles
*
,
it
this company and the St. Louis
been absorbed by the Interurban Traction
was reported that
& Suburban had
Co. of St. Louis.— V. 69, p. 333.
ST. LOUIS
BELLEVILLE & SUBURBAN RY
Organization— Formed
in 1897 and built 121^ miles of single
be doubled at once, making 25 miles of single track. Road
opened May 15, 1898; rails (60 lb.) Connects with St. Louis & East
St. Louis at Eads Bridge. Runs between East St. Louis and Belleville.
Capital stKCk, $350,000. First mortgage (St. Louis Trust Co., trustee)
$3.^0,000, 8 p. c. gold bonds, $1,000 each, dated Jan. 1, 1897, due 1919
track
;
to
STREET RAILWAYS.
81
-
J
:
STKEET RAILWAYS
82
J-J. St. Louis Trust Co., Trustee. Subject to call at par after 1907.
President, F. F. Espenschetd; Secretary, (leorge F. Townsend.
According to reports this company has been abaoibed by the Interurban Traction Co of St. Louis. V. 69, p. 333.
ST.
LOUIS COUNTY STREET RAILAVAY-
3 miles of tra-ck with horses. Stock, $50.In Nov.. 1898, proposed to change motive power to electricity
and build double-track road from city limits to Wabash RR. and single-track road thence westward two miles. Pres.. M. B. Qreensfelder.
Orqanization— Operates
000.
ST.
LOUIS & EAST
ST.
LOUIS ELEC-
RY
Organization— Chartered in July, 1889.
interest.
D(f/e.
Stock & Bonds—
Outstanding. Maturity.
$250,000
Stock
Jan. 1, 1905
75,000
1890 6 J1st M. currency
Interest payable at otflce of the mortgage trustee, St. Louis Trust Co.
Road 2 miles of track on 1 mile of road. Cars cross Eads Bridge.
Officers— President, D. R. Powell; Secretary, D. T. Breck.
ST.
LOUIS & KIRKAVOOD RR.-A
trolley road.
Connects at Forest Park
with Linden Railway. In July. 1897, St. Louis & Suburban By. obtained control. The Suburban road connects with it at Kirkwood and
uses Its tracks for about 4 miles.
Organization- Completed Mareh
&
Stock
Bonds—
Date.
l,
1896.
interest.
Outstand'j.
Maturity.
$.300,000
Stock (par, $100)
250,000
New Ittmort., $350,000. 1898
New mortgage, $350,000, was authorized to replace Ist mortgage,
$300,000.
Road— Owns lO^ miles track in St. Louis County (none In the cityi.
President— James
ST.
Dawson.— v. 64,
p.
p. 331,
RR--
See text
Stock. $2.000.000
May 8, 1916
1st M., $1,000,000. gold) 1896 6 g. M-N $1,000,000
Mississippi
Valley Trust Com($1,000), guar, p.&l., by > Interest at
Louis,
trustee.
pany, St.
c* )
St. L. & Sub., end
None July ,'98
(?)
1898
(?)
Control. M., $2,000,000...
In 1898 stock increased to $2,000,000 (from $1,000,000), and an additional issue of $1,000,090 bonds authorized for extensions, etc., but
latter had not been floated in Feb., 1899.
Stock for $2,000,000 held in treasury of St. Louis & Suburban Ry.,
which company guarantees the bonds.
Road— Trolley from Sarah St., on St. Louis & Suburban, to Jackson
Road, 10-96 miles extension 3 miles to St. L. & Kirkwood tracks over
Rails, 73-lb. girder and eO-lb
which oars run to Merameo Highlands.
T. The St. Louis <St Suburban furnishes power and carries the
country passengers S^a miles over its own road to down-town
terminus of other lines In Nov., 1898, extension to the cemeteries,
President, C. H.
3 miles of double track, was under construction.
Turner; Secretarv. R. Lehiuann.
;
LOUIS & SUBURBAN RY.~A trolley road.
Sept. 11, 1884. This company is a reorganization of the St. Louis Cable & Western Ry Co., which it bought
in at the foreclosure sale of the latter's property June 10, 1890.
In July, 1897, secured control of the St. Louis »fe Kirkwood RR.
Date, interest.
Outstanding. Maturity, etc.
Bonds—
Stock
$2,500,000
Stock ($100)
1884 6 M. - N.
1914
600,000
St. L. Cable & Western)
Ry IstM
5 Interest at Farmers' Loan & Tr. Co., N. Y. city.
1891 5 g. F. - A.
1,400,000
Feb. 1, 1921
St. Louis &. Suburban)
l8tM.($2,000,000)g. >/>i/eres< payable in Boston by the trustee, the
Organization— Incorporated
&
& Tr. Co.
5....
300,000
On Jan. 25, 1899, the stockholders voted to Increase the capital
stock $500,000 to $3,000.0f 0; also to issue $500,000 additional bonds.
Mississippi Valley Trust Co.. St. Louis, Trustee. On Feb. 2, 1899,
these bonds had not been floated.
Road— Operates 18'14 miles of track in St. Louis andlO'5 In suburbs.
Operations— Following is the number of passengers carried during
each quarter of the calendar years
islquar.
2d anar.
3d guar.
4th quar. Tot.for year.
3.244,924
1899 ...2,727,241
149
3,070,129
2,952,439
3,042,831
11,738,548
1898. ..2,673,
2,973,700
2,862,735
2,914,574 11,205,233
1897... 2,454,224
Officers— President, C. H. Turner Sec. and Treas., R. Lehmann.
$1,000
>
Income bonds
American Loan
1891
;
ST.
PAUL, MINN.
Population 1890 was 133,156;
and
ST.
in
in
1880
was
1870 was 20,030.
Twin City Rapid
PAUL CITY RAILWAY-See
Miun.
PAUL & SUBURBAN
Organ
RY.-A
trolley road.
ZATION, Etc.— SuccesFor, after foreclosure, to the St. Paul
<fe
White Bear RR. Franchises run 50 years from 1896. Road runs
from St. Paul to White Bear Lake, and from city limits owns the right
Of way; also owns summer resort on the lake. Capital stock, $37,900,
fuU paid.
Road.—Owns 10-59 miles of track; 9 electric cars, also 2 locomotives and 4 coaches used to supplement electric service.
President, E. W. Peet; Secretiiry, Ambrose Tighe.
SALT LAKE
CITY,
UTAH.
Population 1890 was 44,843; in 1880 was 20,768;
and in 1870 was 12,854.
SALT LAKE CITY RAILROAD-A trolley road.
Organization— Chartered Jan.
19, 1372.
MERCUR
RR.-To be a trolley.
Runs from Fairfield to Merour, Utah, 12 miles, and is to be extended
to West Dip. In July, 1898, made mortgage to the Produce Exchange
Trust Co. of
New
York, as trustee, to secure $300,000 gold
dent, B. H. Airis, iralt
Lake
SALT LAKE RAPID TRANSITStock
& Bonds—
58.
Presi-
City.
Date.
^ trolley road.
Maturity.
Interest. Outstanding.
$356,000
mortgage
1890
350,000
Feb. 1, 1910
6 F-A
Other indebtedness
70,000
Interest at American Loan & Trust (trustee), Boston.
Road— Operates 32 miles of track on 26 miles of street.
Earnings- For year ending Dec. 31, 1895, gross, $89,420; net.
$26,097. In 1894 ^oss, $110,538; net, $2:^,410.
Officers— President and General Manager, J. S. Cameron; Secretary
and Treasurer, 6. S. Gannett Sup. and Pur. Agent, W. H. Stone.
;
V/EST SIDE RAPID TRANSIT-An
electric
and
steam road. Operates 12 miles of track. Stock, $300,000. President,
L. L. Nunn; Sec. and Treas., A. M. Wrench.
SAN ANTONIO, TEX.
POPULATION 1890 WAS 37.673; IN 1880 was 20,550;
AND IN 1870 WAS 12.256.
RAILROAD-A
ALAMO HEIOHTS
Successor
Sau Antonio Rapid
trolley road.
to
Transit, sold
Organization, Etc.—
in foreclosure in May, 1895. On Feb. 27, 1897, W. H. Hume was
appointed receiver. Capital stock is $62,000 (par, $100.) First
mortgage, $500,000, gold, 6 p. c. bonds, c*, $500 each; dated 1895,
due June 1, 1915; interest, J&D. Franklin Trust Co. of Brooklyn,
trustee. Operates 5^ miles of track. President, C. J. Harwood.
SAN ANTONIO EDISON
CO.-A trolley road.
Road, Etc.—Successor to the citizens' Electric Power & Street Ry.
Co. Operates 13 miles of track. Capital stock, $300,000; first mortgage, $300,000. In July, 1898, reported as sold to interests represented
by W. H. Weiss, formerly President of the San Antonio Street Ry.
SAN ANTONIO STREET RAIL^WAYin May, 1874, and in 1890 absorbed
the Prospect Hill Street Railway. Consolidation of all the city roads
and of the electric railway and lighting interests is reported to be
Organization- Incorporated
pending.
Stock
&
Bonds—
Date.
interest.
Oulstanditig.
Maturity.
$200,000
7-A15
fl885
200,000
1905
1st mort. $1,000 each ...< Interest payable at Atlantic Trust Co., New
Stock $1,000,000
(
roTi
000 c*
mort., $600
!>buo,uuu..c
con. mort
York
City,
and San Antonio.
May 1,1920
400,000
6 M-N
U^^^
j gubj. to call $20,000 yearly from May 1,189 7
Road— 35 miles of track. Rails 40, 45 and 56 TOfficers— President, E. H. Jenkins; Vice-President, R. Houston;
Secretary and Superintendent, D. D. Willis.— V. 68. p. 674.
SAN ANTONIO (TEX.) CAS ELECTRIC
LIGHT & STREET RAILAATAYFormed to absorb street railways and light plants. Stock is to be
$2,500,000; present issue, $1,600,000. Bonds, forty-year gold 5s,
authorized issue, $2,500.000 present issue, $1,600,000. Net earnings
of properties acquired are reported as $141,393 for calendar year
1898.-V. e8,p. 674.
;
41,473;
Transit Co., under Minneapolis,
ST.
SALT LAKE &
St
OrQANIZATION— Organized in 1894, and in 1896 obtainea aU the
rights and fianchises of the Manchester Road Electric Ry.
Maturity.
interest. Oulstand'g.
Date.
Stock and Bonds—
ST.
Miles.
Miles.
Single track..
29 Total track operated
42
13 Weight of rails, 30 to 40 and 72 lbs.
Second track.
Officers— President, a. W. McCune; Vice-President, R. C. Chambers ;
3ec'y and Treas., Joseph S. Wells; Supt. and Purch. Agt., W. P. Read.
Stock $500,000 (par $100)
MERAMEC RIVER
LOUIS &
&
Outstanding. Maturity.
interest.
Dale.
Stock
Bonds—
Stock, $1,000,000 ($50)
$850,000
"1913
Ist M., s. f., gold 5 1893
6gJ-J
650,000
($1,000) ($1,500,000)0" I Subject to call after Jan. 1, 1903.
Entire issue subject to caU Jan. 1, 1903, or any Jan. 1 thereafter,
from Jan. 1,1904, to Jan. 1, 1913, one-tenth must be paid yearly. Bonds
to be called and paid in numerical order. Trustee, Guaranty Trust Co.
Bonds— Under terms of the mortgage of 1893 for $1,500,000, bonds
may be issued for extension of and additions to the mortgaged property
ftt rate of not more than 70 per cent of the cost of such addition and ex.
tensions, and the bonds at any time issued shall not exceed $20,000 per
m'le for each mile of road constructed, equipped and in operation. On
mileage of Jan., 1896, $840,000 could be issued, but of this $190,00a
was in the hands of the trustee to be sold only for new property. After
debt reaches $1,000,000 no bonds can be issued unless the net earnings
for preceding 12 months are sutflcient to pay 12 per cent on all bonds
outstanding and 12 per cent on the bonds proposed to be issued.
Road—The company operates 42 miles of track.
"WEST
END STREET CAR
CO.-A trolley road.
Road, Etc.— Operates 58 miles of track upou 4-8 miles of street.
Stock, $26,000. First mortgage is for $100,000 gold 68, J<tJ dated
1890, due July 1, 1910; interest at Importers'* Traders' National
Bank, N. Y., or San Antonio oHlce. July, 1898, interest in default. On
August 8, 1898, John H. Clark was appointed Receiver.— V. 67, p. 324.
President and General Manager, G. W. Russ.— V. 67, p. 324.
SAN
POPULATION
IN
DIe'gO, CAL.
1890 WAS 16,159; IN 1880 was 2,637;
IN 1870 WAS 2,300.
CO.-See San Diego Elec. Ry.
CITIZENS' TRACTION
SAN DIEGO ELECTRIC RY-A trolley road.
m
March, 1898, purchased Citizens' Traction
Organization, etc.—
Co. at foreclosure sale. Owns 15 miles of track. No bonds had been
Issued in Feb., 1899. President, A. B. Spreckels, San Fransisco, Cal.^
Vlce-Pres., E. 8. Babcock; Sec. and Treas., J. A. Flint.
STKEET RAILWAYS.
SANDUSKY, OHIO.
Poi'OL\.TION 1890
WAS
18,471
in
;
1880 was 15,838.
RAILWAYPEOPLE'S ELECTRIC
Date. Interest. Outstanding,
CTr.ok'
/«•
RnNns—
1891 6
J-J
For year ending Oct. 28, 1898,
Operates G^2 milea.
Officers— Pres.,W.
II.
llalurily.
$40,000
40,000
St^ck. $5^000 ($50)
1st mortgage, $40.000. ...C
gross, $19,660.
Gilcher; Sec, R. B. Fisher; Treas., A.
W. Proui.
Earnings— For year ending Dec. 31. 1898, 166 miles, gross earnings,
In 1897, 169 miles, gross earnings,
$3,483,445; net, $1,436,464.
$3,406,606; net, $1,351,059. In 1896, 177 mileSj grois, $3,259,989;
net, $1,201,967.
Officers (Dec. 1897)— President, H. E. Huntington; Vice-President,
Charles Holbrook; 2d Vice-Pres., A. Hay ward; Secretary and Controller, J. L. Willcutt; Treasurer, N. T. Smith; Purch'g Agt., R. P. SchwerOtHoe. San Francisco, Cal.
in.
SANDUSKY & INTERURBAN ELECTRIC
RAIL"WAY.-A trolley road.
Organization.— Incorporated in 1898 to build a road from Saudusliv to Lorain, there conuectiug with the Lorain & Cleveland Ry.,
controlled by same parties. On July 9, 1898, purchased Sandusky
Street Ry. at foreclosure sale.— V. 67, p. 127.
Maturity.
interest. Outstand'g.
Date,
Bonds—
Stock
&
Aug. 15
Stock. $500,000
W
^„
.--VVV/o
Aug.
$40,200
1, l-llS
l8t mort.. $10,000 per) 1898
mile, gold ($100, etc.). \ Int. at Dime Sav. & Bank. Co. .Cleveland,©.
Bonds are subject to call after 5 years.
Road— Owns 9 miles of track on 7 miles of road in Sandusky City
(former Sandusky gtreet Ry.) Under construction from Sandusky to
Lorain, 30 miles, of which 10 miles to Huron to be completed by June
5gFA
.
1899.
1.
Officers—President, H. a. Everett, Cleveland, O.; Sec.
and
Treas.,
Thomas Wood, Sandusky,
C. H. Stewart, Cleveland, O.; Manager,
V. 67. p. 275.
O.
SANDUSKY MILAN & NORWALK ELECTRIC RAILWAY-A trolley road. Outstanding. Maturity.
Stock
&
Date,
Bonds
interest.
Stock. $100,000 (par $.50)
J-J
C
1st mortgage, $100,000
$100,000
100,000
Road— Owns 18 miles of track.
Officers— President, G. H. DeWltt; Vice-President, Henry
Treasurer, A. W. Prout; Secretary, J. D. Parker.
SANDUSKY STREET RAILWAY-A
July
Organization— Purchased at foreclosure
4u8ky & Interurban Electric Ry.— V. 67, p. 127.
9,
Kelley;
trolley road.
trolley
Connects Sanford, Alfred, Lyman,
bunk and Kennebunkport, Me with the terminal at Cape Porpoise.
Bonds, $250,000 30 year 5s; State Trust Co., N. Y., Trustee. President,
Ernest M. Goodall; V.-Pres., Frank Hopewell; Treas., Louis B. Goodall.
,
SAN FRANCISCO, CAL.
WAS
10,000 shares.
$60 paid in.
Jan.
$900,000
1,
GEARY STREET PARK & OCEAN
Incorporated
RR.-
Nov. 5, 1878. Annual meeting lirst
Orqanization—
Wednesday after second Tuesday in April.
Date, interest.
Outstanding. Maturiti/.
Stock & Bonds—
Stock (par $100)
See text.
10,000 .shares.
$671,000 Oct. 1, 1921
Dividends: In 1895 $3 per share inl896 $2*50 per share paid in
dividend.* of 50 cents each; ia 1897, $1'50; in 1898, $300.
Road— On Jan. 1, 1893, owned 4 miles of double-track cable road
laid with 72 lb. steel rails.
Officers— President, II. E. Huntington; Vice-President, Charles
Holbrook Secretary and General Manager, J. L. Willcutt; Treasurer^
N. T. Smith. Purchasing Agt.. R. P. Schwerin. Office, 532 Market St.^
1891 5g
A
-
O
;
tvve., etc., to
the
Cliif.
No bonds outstanding
Stock—
in
January, 1899.
SAN FRANCISCO & SAN MATEO ELEC-
TRIC RAIL\\^AY-A trolley road.
Road— Owns
number
of companies.
&
A-O
6M-S
M
—
—
.
in
May, 1896,
to S.
F & San M.
Ry.,
Since 1897 has been entirely
23 miles of trolley track.
Officers— President, A. H. Spreckles; Vice-President and General
Manager, John A. Buck; Secretary and Purchasing Agent, W. Clayton; Superintendent, A. B. Southard.— V. 62. p. 684.
Last Div.,etc.
Stock (par. $100)
Q-M 15
^^ '^^' ^ P- ^'
^ ^^FuI? paid.
\
1st M..g., $1,000 each 1888 5 M-N
$900,000
May 1,1918
Trustee is California Title, Ins. & Trust Co. of San Francisco.
Subject to call at par $50,000 yearly, beginning May 1, 1908. If so
ordered by the company's directors, Nos. 1 to 50 to be called first
and the others In the order of their numbers.
Diwtdejirfs.- In 1893, 5 p. c; in 1894, 5 p. c; n 895. 4 p. c; in 1896,
4 p. c; in 1897, 5 p. c; in 1898, 6 p. c.
'
Milef
Miles.
Horse
oad..
-68
12-18
Total owned in fee
Officers— President, R. F. Morrow; Vice-President, J. L. Schmitt;
Secretary, A. K. Stevens Treasurer, M. Schmitt.
;
SARATOGA,
WAS
POPCL.VTION IN 1890
SARATOGA
AND
IN
N, Y.
1880 WAS 10,820
1870 WAS 8,537.
13.171
;
IN
TRACTION-TroUey.
Organization, Etc.— Formed in May. 1897, as successor of the
Union Electric Ry. foreclosed. Saratoga Lake RR. was leased for 99
years. In spring of 1899 road was extended four miles to Ballston.
Stock
<fe
Bonds—
Date.
interest.
Stock. $200,000
1st M., $300,000 gold..
Outstanding.
$200,000"
Maturity.
1897
5 g. J-J
200,000
1927
Road— Owns from Saratoga to the lake, the race track and to Geyserville and Ballston, 13 miles of road; sidings, I3 mile; total track, 13 ^a
miles.
Earnings -Operated only as a summer road. For year ending
30, 1898, gross, $9,316; net, dob.. $605; charges, $7,012.
June
Officers— President, Elward A. Noyes; Secretary, McKee Dunn
McKee; Treasurer, R. S. Storrs, 40 Wall Street, New York City.
SAVANNAH,
Population 1890 was 43,189;
CITY &
Including those whose bonds are in the table below. The Metroi)olitan Ry. has also been merged. (See V. 61, p. 750.)
Outstanding.
Dale. Interest.
Maturity.
Stock
Bonds—
Stock (par $100)
July,'99,60c.
4-J
$18,617,000
Market St. Cable Ry., 1st ) , qq«
Jan. 1,1913
3,000,000
6g. J-J
M., $1,000 gold
cj^****^
Omnibus Cable Co. Ist
Apr. 2, 1918
2,000,000
1888 6
May 1. 1923
2dmortgaKe
15,000
1893 6M-N
Park A Cliff House IstM 1887 6 J -J
Jan. 1, 1913
350,000
Powell Street 1st M.... 1887
Mar.1,1912
700,000
Park* Ocean Ist M... 1884 6 J - J
Jan. 1, 1914
250,000
Ferries <fe Cliff H. Ist
Mar. 1,1914
650,000
1889 6 M -S
Market Str. Ry. consol..
M. for $17,500,000 g. 1894 5g. M-S
4,817,000
Sept.1,1924
Interest is payable at Treasurer's office, San Francisco.
Dividends of 60 cents per share are paid quarterly.
Road—Company on July 1, 1399, owned track as follows
Roads owned in fee
Miles.
Miles.
Uouds owned in fee
Main line Jcbrcha. (lior^e)... 1334 Main lino&brchs. (steam).. 11'79
do.
do.
1
7952
(trolley)
9622
Total single track
do.
do.
(cable)... 58-17
Ralls 37 to 85 lbs. to yard.
Steam r<)ad and horse lines being changed to electricity.
M
Outstanding.
$10
and
of
Authorized.
?'«''•
$400,000
$240,990
Road.— FiTe miles long (9*9 miles track), was opened Jan. 27, 1896.
Officers— President, Dr. Emma L. Merrltt; Secretary, Theodore
Krauss; Treasurer, American Bank & Trust Co.; Supt., Robt. Jordan.
San Francisco.
Orqanization—
CO.-A trolley road.
to
Stock
;
STREET RAILWAYMARKET Foruiod
by consolidation
a
\
buQd and operate a road on Central
with a branch line to the Park on 8th Avenue-
Organization— Incorporated
1915
Road—March 1, 1893, ll^a miles of track on 5^2 miles of street.
Officers— President. J. B. stetson; Vice-President, A. Borel; Secretary, A. Stetson; Treasurer, A. Borel & Co.; General Manager and
Purchasing Agent, J. W. Harris. Office, San Francisco. Cal.
....
SUTRO RAILROAD
Cable road (iron and cement) 5*75
do
second track
575
Rails431b. T.
CALIFORNIA STREET CABLE-
Ist M., $7.50,000, gold
\
6
$170,000
1911
Road— Operates ll''^ miles of road as follows: Cable, 712 miles; horse,
2 miles; steam, 2 miles; total track, ll^a miles
Officers— President, G. a. Newhall; Secretary, John B. Leighton.
Office, corner Union and Sharp streets. San Fi-aucisco.
Istmort., $250,000
Road—
233,959;
OrQANIZATION— Chartered Feb. 8, 1877. Annual meeting the second
Wednesday in July.
Outstanding,
Maturity.
Date, interest.
Stock & Bonds—
Monthly,
Stock (par, $100)
1890 5g. J - J
l8t mortgage, gold
Dioidendshave been 50 cents monthly.
M&N
Maturity.
Organization— Chartered Dec. 22. 1887.
Outstandi^ig.
Stock & Bonds— Date, interest.
RR-A
SANFORD & CAPE PORPOISE
Kennebunk, West Kenne-
IN 1870
,
SUTTER STREET RAIL^VAY-A cable road.
road.
AND
,
rebuilt.
1898, by the San-
was
,.
10,000 shares.
$55i,aidin.
5
?tock (par. ±.,^r^^
$100)
Organization, Etc.- Successor
POPCI.ATIOX IS 1890 WAS 4.201; IN 1880 WAS 2,734.
IN 1880
149,473.
PRESIDIO & FERRIES RAILROADOrqanization—Chartered Jan. 6, 1882.
Outstanding.
Date, interest.
Stock & Bonds—
sold in foreclosure.
SANFORD, ME.
POPULATION 1890 WAS 298,997;
83
in
in
GA.
1880 was 30,709;
1870 was 28.235.
steam and trolley road.
SUBURBAN
RR.-A
Organization— Incorporated in April, 1882. Controlled In same
interest as and operated by S. T. & I. of U. General consolidation
of Savannah roads expected in the near future.
Date.
Stock A^Bonds—
Interest.
Outstanding.
Maturity.
Stock
(piir
$100)
$50,000
6 M-N
200,000
Jan. 1, 1902
6 Q-F
50,000
1903
In Nov., 18j7, bondliolders agreed to reduce interest on their
bonds from 7 to 6 per cent, in return their lien being extended to cover
the entire property of City & Suburban, including exten.sions and
electrical equipment and $250,000 of the new S. T. & Isle of H. 48.
First mortgage trustee, T. M. Cunningham.
Interest payable at Savannah Bank <fe Trust Co.
Road— Operated 35 miles of track, of which 4 miles steam.
Officers— President, James U. Johnston; Vice-President, Henry
Parsons; Sec'y, E. J. Tliomas; Treas., E. J. Thomas, Jr.— V. 64, p. 755.
mortgage (old 7h)
2d mortgage (ol 7s)...
1st
.
1882
1883
SAVANNAH THUNDERBOLT
road.
HOPE RY.-A
& ISLE
OF
trolley
Organization— On May 29, 1897, the property of the Baranuah
Traction was conveyed to this company without forsclosure. The
c
:
:
:
STREET KAILWAYS.
fc4
Traction was formed in Jaimary. 1807, as snceessor to the Savannah Electric Ry. sold in foreclosure Jan. 5. 1897 (V. 64, p. 85)
The S. T. & I. of H. ia controlled by George Parsons of New York,
who also controls the City & Suburban, and a general consolidation of
the ^<avanIlall roads expected in the near future.
The property of the Suburban * West Eud Ry., sold at foreclosure
August 1, 185»9, was reported bought iu the interest of this company.
Maturity.
Onlxlanii'g.
Interest.
Dale.
8t<Hk
(O
(!)
$1,250,000 J'ly 1,1947
l»t niortKaire, $1,250,000,
Trustee. Central Trust, N. Y.
Kolii, $1,000
c* S
Bouds of 1897 were issued in payment of the acquired property
Road— lu Nov., 1898, owned about 35 miles track.
Officers— President, George Parsons; Vice-President. J. H. Fall;
Treasurer, Edward J. Thoiuas, Jr ; Secretary, Edward J. Thomas. Sr.
—V. 64, p. 85, 182, 755. 1089; V. 65, j). 152, 621, 926; V. 69, p. 334.
>
1897
4 cur., Q.-.T.
SCHENECTAD"V
Y.
N.
Population 1890 was 19,857; in 18wO was 13,655;
AND IN 1870 was 11.026.
SCHENECTADY RAIL^VAY-A trolley road.
Organization- A reorganization in February, 1895, of the Schenectady Street Railway Co., which was chartered in 1886. Purchased by
the General Electric Co. in August, 1898, together with Schenectady
General Illuminating Co.—V. 67, p. 321.
Oatstand'g.
Maturity.
Date.
Interest.
Bonds—
Stock
.$300,000
Stock, par $100
Jan. 1, 1925
See text.
5g. J - J
1st M., $300,000, gold, J 1895
0' \ Interest at Merc. Trust Co., N. Y., trustee.
$1,000
Firsts of 1895 are secured in part by .$79,700 stock of Schenectady
niuminating Co. deposited as collateral. Interest paid free of taxes.
In Feb., 1899, $i23.000 were outstanding and the sale of th« remaining i77,000 was pending for extensions and improvements.
Road— Single track main line Brandywine to Belleviie 4*22 miles
second track and sidings, -7 miles; total of all track 4-87 miles.
Latest Earnings Presentcompany took charge in February, 1895.
{'I.)
SCRANTO^
Organization— Chartered
for
years
50
Officers
Gross.
Net.
Oth. inc.
.$33.4.54
$1,811
30,188
df.2,636
$24,178
21,772
Int.,tax.,ttc. Bal. sur.
$14,804
14,249
$11.1«5
4,887
President, J. P. Ord; Viee-J'resulent Hnd Manager, R.
J. Kennedy.— V. 60, p. 303; V. 63,
H. Fraser; Secretary- Treasurer, J.
p. 716; V. 65, p. 233. V. 67, p. 33 1.
SCRANTON, PA.
Population 1890 was 75,215; in 1880 was 45,850;
AND IN 1870 was 35.092.
SCRANTON RAILV/AY -A
trolley road.
Organization- On Jan.
all
l,
1897, assumed
the assets and
liabili-
tion Co.
Stock
& Bonds—
Par. Date. Interest.
trolley road.
and on Oct.
5,
1893, leased
Railway
<fe
Railway, operatina; their prop(»rties under lease.
Stock
&
Bonds— -il^iit*.
Stock (par $100)
Mort. $525,000, g.,
$1,000 & $500 c*
Date,
interest.
Ontstand'g
Matxirity.
$l,0.'SO,"do
15
1893 6g. A-O
295,500 Oct. 1, 1923
Interest (xi at Union Trust (Trustee), Phila. Nos
g"- by Scran. Tr. (
1 to 400 $1,000 each and Nos. 401 to 650 $500
X Both principal and interest are piyable free from all United States
and State of Peuu.sylvauia taxes.
(
<
Road -Operates 12 miles of track, uniting Scranton with Greenwood'
Moosic and Taylorville, Avoca. Pittston and Readham.
Lease— Under its lease the Scranton Railway Company guarantees the interest and principal on $25,000 per mile of this company's bonds, and any surplus earnings after paying a!l taxes, insurance, interest on bouds guaranteed, etc., shall be divided between the
lessor and the lessee, one-fourth to the Scranton Railway and three,
fourths to Scranton <fe Pittston Traction.
Earnings-Jan. l to Deo. 31, 12 month*, 1898, gross. $61,904; net,^
$19,565. Officers— President. L. A. Watres; Secretary, v. 0. AdamSr
Treasurer, C. H. Mullin.— V. 63, p. 515.
SEATTLE, V/ASH.
Population 1890 was 42,837; and
in 1880 was 3,533.
In August, 1899, combination teas pending to inclnde the various
Seattle roads— the Seattle Traction, ttie Union Trunk Line, the Front
Street Cable Ry., the Madison Street Cable, the West Street dt North End,
Third Street
Suburbatt, but Messrs. Stone <£ Webster of Boston,
nnder date of August 21 say that
matters have not prouressed svffhiently far to u arrant a public statt-^
ment.— V. 68, p. 1078.
the
<£
who are conducting
FIRST
the negotiations,
AVENUE RAILWAY.-
Orqanization, Etc.— Successor in January, 1898. to the Front
Street Cable Ry., sold under foreclosure Jan. 8, 1898. Stock, $150,000; par, $500; all outstanding. V. 66, p. 183. In Feb., 1899, $300,
000 gold bonds were outstanding. Line runs from First (formerly
Front) St. and King St., up First and Second aves.; 3 miles of doubletrack. President, M. H. Hecht. Secretary and Treasurer, Fred. K.
Struve. Gen. Man., O. D, Colvin.— V. 66, p. 183.
GRANT STREET ELECTRIC
RAIL^VAYCapital
;
Ontstand'g.
Maturity.
$2,500,000
'1,000 1892 6g.M-N 1,000,000
Nov. 1, 1932
M.,
$1,000,000, Interest X at E. W. Clark & Co., Philadelphia.
gold,no option.
Scran. Pas.Ky.lstM.1,000 1890 6 M-N
100,000
Ai^ay 1, 1920
200,000
Scranton Sub. Ist / 500.fec 1890 6g.M-N
1909
'Vf.,g.,gu.,p.&i.c* 5 Trustee. Farmers' L. & T. Co.,N. Y
Pcop'8St.Ry.lstM.g.l,000 1888 6g. F-A
200,000
Aug. 1, 1918
Do
gen. M., gold .... 1891 6g. J-D
100.000
Dec. 1, 1921
Scranton Ky. M.. $2,500.- ) 1897 5g. J-J
900,000
Nov. 1. 1932
OOP, iold ($1,000) .-CM Trustee, Continental Trust, N. Y. City.
On Feb. 1, 1899, had no floating del)t. V. 67, p. 127.
X Free of United States and Pennsylvania Slate taxes.
.Bouds— Of the .$2,500,000 Scranton Ry. mortgage 5s of 1897, $1,600,000 are reserved to retire prior bonds at maturity.
Road— Owns and operates all the street roads of Scranton, having
an aggregate mileage as follows
Owned
Miles. Scranton it Carbondale
5
Scranton Railway
34 Lackawanna Val. Trac
4
Leased (earns, separate) - Miles.
Scranton & Plttston
12
Total system
55
Latest Earnings- 12 mos. n898 9 Gross. $393,565; net, $198,239
July ItoJuae 30.
51897 8 Gross, 382,489; net, 195,230
Earnings—Operations of the lines now composing the Scranton Railway, not including the Scr. & Pitts, and Scr. & Carb. lines, for the
year ending Dec. 31 were
1898.
1897.
1898.
1897.
"
Gross
$333,727 $366,3 .15 ~"
189,542 179,974 ?Lxes.t":!!' I $136,812 $135,170
Oper. exp
8t.>ck ($6,000,000)..
Scranton Trac. Ist
Scranton
to
ORGANIZATION— Chartered
Scranton Traction Co., etc— V. 63, p. 1064 V. 64, p. 85.
In August, 1899, was reported to have bought the Carbondale Trac-
ties of the
Sept., 1893,
Company.
The Pittston
Company owns the eutiie capital stock of the Lackawanna Street
Railway and the Pittston Jenlfins
Avoca Street Railway, and a
majority of the capital stock of the Pittston Suburban Passenger
&
Tear
18 17 98
1896-97
PITTSTON TKACTIO.N— A
^v
$50
Stock
stock, $200,000. BondsProjected, l^s mUes.
interest. Outstand'f/. Maturity.
$2<>0,000
in 1891.
Operates 5^2 miles of track.
$100,000.
&
Bonds—
Date,
Stock, *20U,000; par. $100
IstM., $125,000. gold, ($1,000 each) subject to call
at 104
6g. M-S
100,000 Mar. 1, 1912
at Atlantic Trust Co.. N. Y., trustee.
) Sinking fund $2,000 yearly after 1897.
)
1892
> Int.
Road turned over to company by receiver Jan. 25, 1898.
N. H. Latimer; Secretary, E. F. Blaine.
President,
\
t
—
I
RY.- A
GREEN LAKE ELECTRIC
1889
1915. The road
trolley road.
Organization.— Chartered
is leased to
Seattle Cousol. St. Ry. at a nominal rental. Stock (auth. $70,000)
Issued $60,000; Ist mort. $50,000, gold, 1891, 6 g., J. & J., due Jan. 1,.
1912, are outstanding only as collateral for an indebtedness of about
$17,000. Owns 4-86 miles of track.
in
till
MADISON STREET CABLE RAILAVAYOrganization-— Chartered in 1889.
Controls the South Seattle Cable
Railway. Capital stock, $750,000. Bonds, $450,000 of 6 p. c. firsts,
dated 1890, due 1910, interest, A. & O., are pledged to secure a loan of
$250,000. Operate 7^4 miles of track upon 3'6 miles of street. In year
1897 carried 1,279,074 passengers President, H. G. Struve.
|
I
"
Net
$194,185 $186,351 BaL.sur. foryr. $57,373 $51,181
Officers— President. C. M. Clark; Vice-President, J. P. Ilsley; Sec'v
and Treas.,C. Ford Stevens, Bullitt Building, Phila.; Gen. Man., Frank
Silliman, Jr., Scranton, Pa.— V. 64, p. 85; V. 67, p. 127; V. 68, p. 674.
(1).
SCRANTON & CARBONDALE TRACTIO.V—A trolley road.
Organization— Scranton Railway Co. leases this company for flfty
years and operates the road and furnishes the power.
Stock & Bonds— Miles. Date, interest. Ontstand'g. T)ivs.,flr
Stock
1st M., $1,000,000, g..(
*1.000
5
1893
6
g.
J
-
J
$.500,000 J'lvl,'99,l%
150,000 Jan. 1, 1923
0*^ Interest at Union Tr. Co., Phila., and LackaxFree of State tax. ( wanna Tr. A Safe Dep. Co., trus., Scranton, Pa.
Bonds or $100,000 are reserved for power plant, if required, and
$750,000 for purchase of other railroads and new property.
Road—Owns road extending from Scranton to Arclibald, Pa., about
5 miles; connects with Carbondale Railway to Carbondale.
Latest Earnings— 8 mos. > 18 •>' 9
Gross, $22,994 net, $10,.584
1
July
Annual
1897-98
1896-97
;
to Feb. 28.
Gross, 27,095; net, 111555
^897 8
Report— fiscal year ends June 30. Earnings have been
Oross.
Net.
Charges.
Bal.. sur.
1
$38,443
$16,870
$10,018
$6,852
40,817
19,119
9,917
9,202
Officers— President, William R, Dunham; Secretary, Percy S. Bickmore: Treasurer, George L. Mitchell.
SEATTLE CITY R AIL WAY-A cable road.
Reorganization— In Jan., 1899, road was still in receiver's hands,.
sale had been tlxed and no reorganization plan adopted
Bondholders' committee is Winthrop Smith and J. W. Longstreth of
no date of
Philadelphia ana Albert Stone of Boston.
Stock and Bonds Miles. Date, interest. Oulstand'g. Maturity.
$600,000
Stock
5
1890 6 g. A-O
441,000 Oct. 1, 1910
IstM., $600,000, g...
Interest Oct.. 1893, and since iu default; Central Trust Co., trustee.
Road— Owns about 5 miles of cable road on 5 miles of street in
SubSeattle, known as the Yesler Avenue and Jackson Street lines.
structure has been practically rebuilt during the receivership.
Receiver is W. A. Underwood, 40 Wall St., New York.— V. 62, p. 95C.
—
SEATTLE TRACTION
CO.-A trolley road.
Organization— A reorganization of the Seattle Consolidated St. Ry.
sold in foreclosure Deo. 1, 1896— see V. 66, p. 141, and V. 67, p. 321.
Date.
interest. Oulstand'g.
MaturityStock & Bonds—
Stock $1,000,000 ($100)
1st M. g., subj call at 105
(.$500
&
$1,000); int.
preferred
is
$349,300
)
M897
6g.
A-O
73,100
Jan.
2,
1927
c* )
Ist M. g. incomes to Oct. )
456,488 Jan. 2, 192T
6g. A-O
1, '99 ($.500 & $1,000), V 1897
subj. to call at 105
j
2d M. g. incomes, non-cuni. j
qq Aoci
i
6g. A-O
($1,000), A<kB subj. to}- 1897
] „'^Qo'Xf ^ 5 Jan. 3, 1927
(B.a»,uiD)
par
c*)
call at
Interest is payable at Illinois Trust & Savings Bank, Chicago, tras.
tees of both morogages.
The first mortgage is for $1,000,000; bonds (Nos. 1 to 150 incl., $500
each) for $75,000 have interest preferred until Jan. 2, 1907; the
$457,000 bear interest absolutely after Oct. 1, 1899. Of the second
mortgage bonds, series A (Nos. 1 to 42), $42,000 are preferred over
series B as to principal and interest.
C
,
:>
STEEET EAILWAYS.
miles of track and leases 4-68 luiUio.
lu 1897. $91,453.
l-iJo gross, *142,738.
Piesident, G. B. BlaiicUard. i'reasui-er, A. B. Forbes, 204 Dearborn
St., Cbicago.— V. 67, p 321.
ROAD-Own8l3 72
Earnings- For year
& RAINIER BEACH
SEATTLE Areorgauizatiouof
Rainier Ave.
Organization —
&
Stock
Kl.
Bonds—
Date.
RY.
mortfiajic,
(par, $5,000)
i
Bonds—
Date.
Interest.
$1,000,000
Stock (par, $100)
Jan. 1, 1911
500,000
1st M., $500,000. gold, ) 1891
6s;. .I-.I
0." S Interest at Central Tr. Co., trustee, N. Y. l.'ity.
$1,000
Road Operates 21 miles of electric and 1-36 miles of cable road.
President, M. H. Young; sec, J. D. Lowman; Treas., R. R. Spencer.
SEATTLE CABLE-
ORQANIZATION— Capital stock, $150,000;
WEST
&
Stock
ST.
OSSINING ELECTRIC RAILWAY-
Bonds
track, 2 m. Pres., H. 8. King.
Date.
interest.
$1,000,000
St.'ck
1st .M., $300,000, g...c.
300,000
Sept., 1910
1890
6 M-S
Ten miles of trolley road on 6 miles of street. For year 1898, gross,
^45.225; net, $23,186. President and Treas., S. L. Shuffleton.
SEDALIA, MO.
Population 1890 was 14,068; in 1880 was 9,561;
and in 1870 was 4.560.
SEDALIA ELECTRIC AND RAILWAY-
payable,
30.
&
Bonds—
L.
&
Date,
Outstanding.
interest.
Stock $400,000, par $100.
Sed. E.
&
P.
mort
8edalia& Brown
M. $80,000 8. f. ($1,000)
Maturity.
$200,000
200,000 Aug.
50,000 Dec.
F-A
6 J-D
1892
1894
,g.
Spg-*. ist
6g.
1,
1,
1912
1914
Trustee, Trust Co. of America at Phila.
gnar., gold
e*
Ist con8.sr.$»00,0;'0. c* )
June
etc.,
12,257
1898
Road— -•76 miles of
track.
$18,977
$19,738
Chiirges
1,694
6,799
6,799
Balance
df .5,105
df .6,002'
797
V. 65, p. 925.
Sioux: CITY, lOAA^A.
Population
1896 (school directory census) about 47,000; in 1890
37,806; and in 1880 was 7,366.
in
SIOUX CITY TRACTION-A trolley road.
in May, 1894, with authorized capi.
$1,000,000 to succeed the Sioux City Street Railway, sold inforeclosure. Capital issued, $630,000.
In 1899 bought all the other Sioux City lines, and now owns and wiU
operate about 48 miles of road, including the elevated (Sioux City
Transit), the Central Traction, the Riverside Park aud the Sioux City
& Leeds Electric. All the old securities are to be canceled and a new
issue of bonds for $750,000 made to run 20 j ears, bearing 5 per cent
interest. The capital stock of the Sioux C ity Traction will be Increased to $1,200,000. Consolidation in August had not been entirely
perfected, but the diflfeient lin^s were all being managed by the same
Organization, Etc.— Chartered
tal of
ottieeis.
OrQANIZATION, Etc.- Organized ln,Octobbr, 1898, as a consolidation
of the Sedalia Ry. Light & Power and tue Sedalia & Brown Springs
Electric Ry. -V. 67, p. 483. Owns franchise for a road on all streets of
city, and also franchise to operate eleotric-light plant. Has lighting
contract with city, which expires 1899.
Stock
Gross
Net
Interest in default.
Bills
was
RY.
NORTH END ELECTRIC
Outstand'g.
Maturity.
&
—
;
In November, 1897, John V. Cockroft was appointed receiver. I»
A.igust, 1899, dale of sale had not yet l)een fixed.
Stock $100,000, par $100.$100,000
Earnings— Years ending J uue30
1898.
1897.
1st luoit. 68, J-D
100,000
—
^V"EST
N. Y.
1890 was 9,3.52 in 1880, was 6,578
and in 1870 WAS 4.696.
in
S
electric and cable road.
UNION TRUNK LINE—AnOalstanding.
MalurUy.
&
SING SING,
Population
Reuiou, including Seattle & Ronton Ry. extension from Rainier Beacb
to Renton. Rails, 30-56 lb. T and girder. Franchise runs till 1915.
Stock
W
MuturUy.
20,000
Aug. 1, 1901
1895
5 F-A
Interest at Seattle, Wash.
Ou May 1, 1898, bad little Indebteduess, except bonds.
Road— Operates 13-35 miles of track, e-vtendiug from Seattle to
$40,000
Fist
there to connect with the Bridgeport Traction Co. controlled in the
same interest. Stock, $75,000; SO per cent paid. No l>onded debt
August. 1899. President, Andrew Radel, Bridgeport, Conn.; VicePresident Gottfried Krucfier, Newark, N J.; Treas. and Clerk, A.
Paige, Bridgeport, Conn.
-Trolley.
Ry. foreclosed.
Onlsland'g.
$7.5,000
interest.
Stock, (par, $100) ($9.1,000)
85
5 M-N
140,000
atUS.M.&T.,Tr. 5 1898
The bonds of 1892 and 1894 are subject to call at 104 and interest,
aud the company is prepai lug to refund them. On May 22, 1899, $140,-
Officers.— Pi evident,
J. S.
Lawrence; Vice-President and Treasurer,
Abel Ana er son.
^^
SOUTHBRIDGE, MASS.
Population
in
1895 was 8,250; in 1890 was 7,655; in 1880 was 6,464.
SOUTHBRIDGE & STURBRIDGE
RY-
ST.
Organization, Etc.— Southbridge to Sturbridge, 7^ miles of trolley.
Stock, $60,000; par $100. Dividends, M.-N.
OuNov. 1, 1898, paid
2 per cent. Bonds, $60,000 Ist M. 20-year gold coupon 58, J. -J. International Trust Co., Boston, Trustee.
President, Calvin D. Paige.
Int.
00.' consols
had been issued.
Road—Elec.
Ry. L.
&
P.
owned 12 miles
Brown
of single track;
Springs, 3 miles; total, 15 miles.
Officers— President, S. H. G. Stewart, 40 Wall St., N. Y.
and Treasurer, Gallon H. Reeve, New York.- V. 67, p. 483.
;
Secretary
SHAMOKIN, PA.
&
Stock
Bonds-
MT.
Date.
CARMEL
Bonds—
$500,000
500,000
Dec. I, 1923
Billspayable Jne.30, '98
41,332
Road— Shamokin to LogsviUe, Green Ridge, Mt. Carmel, Cunningham and Centralia, 16^2 miles. For year 1897-98, gross, $47,173; net,
SPENCER, MASS.
6 J-D
1893
$19,964; interest, taxes aud rentals, $37,318; balance, deticit, $17,354.
Piesident, G. M. Smith; Secretary, H. R. Snavely; Treasurer, C. Smith.
SHARON, PA.
&,
Bonds—
Date.
Ist M., $^0,000, gold
2d M., $25,000, gold
...
18<»2
6g.
M-N
1894
(ig.
f-J
Maturity.
$150,000
^0.000
25.000
SHEBOYGAN LIGHT POWER &
and
RY.light plant with
71 miles of wire. Capital stock, $100,000; Brst mortgagf, 5 percent
($1,000) gold bonds. $225,000. dated la96, due April 1, 1926; interest,
A. & O. at Mercantile Trust Co., New York, trustee. For year 1896
net earnings were $24,900; interest charge $11,250.
Officers— Preoident, G. B. Mattoon; Vic.i-Pre.^ideiit and Manager.
J M. Saemaan; Secretary, E. L. Debell
SHELTON, CONN.
Pul-ci.ATioN 11 1890
WAS
l,Si52;
l.s
1X80 was 1.352.
SHELTON STREET RAI LWAY-A trolley road.
Organization— Iiicurporatcd Nov.
track.
£Ateii.-iou of
11
mil
s
12, I8s(5.
Stock
Bonds—
&
8. f. C
& SPENCER
ST.
Date.
tributary estimated at 25,000.
Interest. Outstand'g. Malurilif.
1896
5g.
$150,000
125,000 Nov.
M-N
'....
1.
1916
) Int. at Int'l Trust Co., Boston, Trustee.
$2,000 annually on and after Nov. 1, 1899.
Road— Owned in July, 1898, 20 miles of track connecting Warren
Brooktteld, North Brooktield, Spencer, etc.
Earnings— Year ending Sept. 30, 1898, gross, $48,441; net, $18,906;
taxes, int., etc., $11,618 balance, .surplus, for year, $7,288.
President, N. S. Myrick Seoretai-y and Treasurer, G. A. Batman.
is
;
SPOKANE, WASH.
Population 1890 was 19,922; and
in
1880 was 350
ARLINGTON HEIGHTS MOTOR
RY--2 miles-
Stock, $50,000. First mortgage 58, M. & 8., Franklin
Trust Co.. Brooklyn, N. Y. trustee. Road leased to Washington Water
Power Co,
Population in 1890 wa.s 16,3.59;
1880 was 7,314; i.\ 1870 was 5.310.
trolley
trolley load.
1880 was 7,466;
of trolley track.
SHEBOYGAN, WIS.
Orqanization, Etc-- Owns 14 miles of
WARREN BROOKFIELD
Population
R Y.—A
in
;
1912
1914
Trustee of both uaortgages is Union Trust Co. of Pittsburg, Pa.
Road— From Sharon through North Hickory and Sharpsvilhi. 445 m.
Officers— President, A. M. Jolly; Secretary, A. R. Leyda, Beaver
Falls; Treasurer, A. McDowell. Sharon.
In
1895was 7,614; in 1890 was 8,747;
AND in 1870 was 3,952.
aft.Nov. 1,'99 ($l,000)c.
O Uslanding.
interest.
in
Sinking fund
VALLEY STREET RAIL^VAY.-A trolley road.
SU)ck
Population
Stock {$150,00")
1st M.. g., $125,000,
Population 1890 was 7,459; in 1880 was 5,684;
AND IN 1870 WAS 4,221.
Stock
interest,
;
Maturity.
Stock, $500,000 ($50)
Bonds
RY.- Trolley.
out stand' g.
Maturity.
Stock ($100)
see below. $100,000
1st M., $100,000, gold. 1895
5g.F-A
Feb. 1, 1915
100,000
Loans and bills payable Oct. 1, 1898, $49,000
Interest payable at International Trust Company, Boston.
Dividends
In 1894, 6 p. c.; in 1894-95, 2ia p. o.; in 1895-96, 4 p. o.,
1896-97, 5'a p. c; 1897-8, 6 p. c.
Road— Owns I313 miles of track rails 45 and 50-lb" TEarninQS— Year ending September 30, 1898, gross, $57,119; n t,
$21,086; interest, $7,572; taxes, $1,699 dividends, $6,000.
Date.
;
ELEC- RY.-
Outstanding.
Interest.
&
Stock
:
POPULATION IN 1890 WAS 14,403; IN 1880 WAS 8,184;
IN 1870 was 4,320.
SHAMOKIN &
SOUTH FRAMINGHAM, MASS.
SOUTH MIDDLESEX STREET
Ui-eraies 2>s inllesof
iircjecled to Stratford, thirteen miles-
CITY
PARK TRANSIT.-A
Organization- Chartered
trolley road.
in July, 1889.
Franchise run.s
till
1919.
"No incumbrances of any nature on the property."
Road, Etc.— Owns 6 miles of trolley aud large public pavilion.
Stock, $250,000.
In Feb., 1899, extensions were proposed.
tary Hiid Treasurer. C. Glasa.
SPOKANE
Road
&
President, D. Glass; Secre
MONTROSE
MOTOR
3
Etc— Operates
RR.
miles of trolley track. Stock, .$50,000,
par $100. 1st mortgage 6s, M-S. $40,000, due March 1,1902; Tru8tijc. Provident Trust Co. of Boston; Pres. and Gen. Man., C. G. Keedei.
'4
WASHINGTON WATER POWER SYSTEM-
SPOKANIO STItEKT RAILWAY,
Reorganization — Under plan
assessment of 10
p. c. in cash, or
Lie.
of
Juno
40 p
c.
30, 1897, stockholders paid
in stock
(which stock was re-
J
.
STREET KAILWAYS.
86
SPRINGFIELD, VERMONT.
floating debt, etc., and bond•old) to provide for unpaid coupons,
from
6 to 4>« per cent. No new
reduced
interest
their
had
holders
Power Company controls
Water
Washington
bonds were issued. The
are
companies, which, while separate corporations,
1890 was 2,881; in 1880 was 3.144;
IN 1870 was 2.937.
RY.-A troUey road.
Organization.- Lengthof road, 8 miles, from Springtield, Vt., to
Charle8town,N. H.
Capital stock, common, (auth.) $75,000; Issued $65,500; guaranteed
1st mortgage for $100,000 of
6 per cent stock, $45,000; none issued.
bonds dated Nov. 1, 1897,
coupon
and
$1,000
5 per cent gold $500
Population
SPRINGFIELD ELECTRIC
the following
Railway, chartered Dec. 13,
treated as if one property Spokane Street
Railway.
Electric
Spokane
Railway;
1886- Spokane Cable
interest. O^Mand'^g.
Date,
Miles.
^"'"'"'fi';
&B0UDS~
STOCK
:
|nok'caRy.Co:istM.;>
4>;jY6Vg.' J-J*
1888
:."
ISp.boO
Ji^y
1-
i.s
1908
due Nov.
&5 bonds* y'rly from Mar 1. 1901
*|35b 000,S?$1 Oo6: \
Spokaiie Elec. Ry. Co. )
1891 4ii2(6)g.M-N 100,000 Nov. 2, 1911
1901
S
1 st M. $1 00,000, g.
Subject to call 10 bonds* y'rly from Nov. 2,
J-J 470,000 July 1.1909
- 1S89 6
1,
1917.
President,
Adna Brown.— V.
64, p. 1043.
subject to call
STAMFORD, CONN.
Population 1890 was 15,685; in 1880 was 11,297;
AND in 1870 WAS 9.714.
y;^J^^^^-^'^'UL
^'^lll ifri.'".-
.^"•:
\
Sul,ec\'?o^a'll, 3 pei-c^ent^\'^?y'at
road.
RR. -An
STAMFORD STREET
Feb. 24, 1886. Control was obtained
libV
electric
ORQANIZATION-Iucorporated
by the New York New Haven & Hartford RR. in 1895.
Maturity.
Date, interest. Outstand;g.
Stock, Bonds, Etc.-•
Stock, $100,000 ($50)
*2='^«« A ••i'Vano
75,000 Aug. 1, 1909
5 F-A
l8tmirtgaKe,$75;000auth. 1886
with the
~^The bonds are to be called in numerical order beginning
number.
lowest
bonds of
Company, Brooklyn, N. \
Interest is payable at Franklin Trust
National Bank of Spokane of
First
is
mortgage
cable
Trustee of the
other mortgages, the Franklin Trust Company.
the cable
ROAD-System consists of 36 miles of troUey road,
to 40 lb. TRails
30
troUey
to
changed
been
having
;
line
143,SiJ7
July 1,1899, biUs payable
in 1893.
introduced
Electricity
11-25
track.
of
mUes
Road—
EarninQS-Ih year ending June 30, 1899, gross, $50,042; net, $13,630; taxes, $1,662; interest, $3,750. In 1897-98, gross, $48,561.
.
POPULATION 1890 WAS 24,963 in 1880 was 19,743
AND IN 1870 was 17,364.
;
STATEN ISLAND,
;
ORQANIZATION.-A
incorporated Feb. 18, 1861.
and the Springtield City Railway, the latter
Mamrity.
St^k ($750,000 auth.)
'a a
*P/i?^M
A" ^inn'nnn
eM-S
r"-P%'«?i«i^^^
CO.STATEN I. ELECTRIC
NEW^ YORK &company
in December, 1897, increased
Interest Oulstand'g.
Date.
M^ar.U'lo
W
l25:000
money:$l!000.^c'
ftnrme-flMdCon Rv f
June 1.1933
418,000
1893 textJ-D
(Trustee). LouisCo
Trust
Columbia
at
interest
^ffiolmort-.f^r
vine, Ky. Juue, 1897, interest was paid.
C
$750 ()bo gold
retire all prior liens at maturity.
Sufficient bonds of '93 are reserved to
are held by the Treasurer.
$107,000
outstanding
Of the $525,000
debt was $63,000, and
floating
Adjustmetu-m September, 1897.
were canceled and
1897,
Dec.
1.
due
coupons
consol. 5 per cent bond
to
3 per cent and for
and 1899
interest on bonds reduced for 1898
10-year 4 per
receiving
bondholders
the
1900 and 1901 to 4 per cent,
Feb., 1899,
In
730.
V.
See
65,
p.
scaled.
interest
the
for
22
. . -
Earnings—Year ending June
Fixed rh'g's. Betterm'ts.
$30 823
$25,000
178,435
59,-ii9
25,000
Treasurer,
J. H.
and
Vice-President
Thomas;
President, Samuel
West New
Swinarton; Sec. W. E. Findley, 80 Broadway, N. Y.-Offlce,
Brighton, N. Y.-V. 66, p. 857.
IN 1880
c-rr>ri^-
Date.
Interest.
3^395
41^ A.-O.
Text.
et^Jk $1,200,000 ($100)
Bonds
aft.
(subject to call
Apr.
1,
1900)
>
„ ,
Maturity.
Text.
.,
Oiitstandmg.
$1,458,406
April
300.000
1,
1910
(subject to call \ n ggg 41^ a.-O.
200,000 April 1, 1916
Apr. 1,1911).... 5
per cent per annum.
DlviDENDS-In years 1893 to 1898. inclusive, 8
(including 11-535 mUes second track) of
mUes
66-995
-Owns
Road
Oct. 1,1898, 66-995 miles.
anain track and 4-39 miles of sidings; total
years ending Sept. 30 earnings Have b^en:
^^^^
aft.
EARNINQS.-For
$554 312 B^s.l.^^.cO. $93,336 $9|.3|
?a^ies;e-tc:::...-/5-:4!6
53.375
165.442
Tot. BUT. Sep. 30. 263,161
1
Wells: TreasOFFICERS-President, John Olmsted; Secretary. Gideon
135, 762, 860.
urer anloeneral Manager. A. E. Smith.-V. 66, p.
SPRINGFIELD, MO.
Population
1890 was 21,850; in 1880
AND IN 1870 Was 5.555.
was
Electric Ry.
Operates 158 miles of track on
President. Charles M. Parker.
g.,
$1,250,000, gu..
Practically
all
the stock
c-rr^n^
A
RnND<;-
c.S^P9]^oT^*ioor
goid'
000 gom.
$oOO,uuo,
?a?*;»o?t
1st mort., loOO
of the latter
Interest.
-»«'«
.
under Philadtlphia.
Outstanding.
$1,000,000
Maturity.
to
4 p.
9. L.
Nelson.
Tj.ugte|^
I
1896
and the balance used for extensions.
due May 1,
DEFAULT-Default was made in payment of coupons
386.
See
V.
69,
p.
appointed.—
Committee
1899
branch
ROAD-Road from South Beach to HoUand Hook, 10-7 mUes;
total track.
12-13
mUes;
track.
second
6-36
mUes;
to Richmond Ave.,
Johnson steel raUs
29-23 miles; 90-lb. girder Cambria and 84-lb. girder
30:
June
Earnings—Year ending
tiAKiNiiNuo
Betterm'ts.
oharges
^^^^
$18,356
$100,000
$51,297
$20?,103
114,044
16,666
27
186,927
::
i^ots
Brighton. N. T.;
OFFICERS-President, J. H. Swinarton, West New
Y.-V.
N.
65, p. 1222; V.
Broadway,
80
Findley,
W.
E.
Sec. and Treas.,
1898-9
%u^d\l^e'LL^\"^rrfi?eri?Au^^^^^
advances made
01 Chester, Pa., for $178,189 for
WetSl
STOCK
&
Date.
BONDS-
...
....^^
Interest.
g------
^««"'-^'2'-
Ouf^nd'^
*i\'^S^;^^^ jan.-iVi926
int it Far^mfrs- L. & fr. Co., N. Y.,trustee.
1, 1898, about $80,000.
Nov.
Loans and bUls payable
bonds cannot be called.
but
years
5
after
fund
Sinking
^ ,^ ^^
including second track. 10-34
track,
Ej^An— Owns 28 mUes of
girder.
lb.
and
raUs
90
lb.
70
to
T
65
mU?sf8idS!9-33;
operating
PAOM.Mn<?-Year nding Juue 30,1898. gross. $123,259
other interest about
$50,000;
charges
0;^fixed
$75,0
about
ex^^eSsis
182.
$4,000; def., about $5,741.-V. C9, p.
''goTd [$foo6f'''''.°.'.
c^
1
S
STOCKTON, CAL.
c.
FjQAD—Owns in fee 25 miles of track.
li« miles under construction.
Int.,
EARNINGS-Calcndar year 1898, gross, $34,662; net, $46,646;
net,
$32,302
gross,
$77,280;
In
1897,
$20 000- bal., $26,646.
B. McKinley; Vice-President, G. F. Duncan;
0FFICERS-Pre8ldent,W.
^\ifo%l Mayi:i945
;
500.000 Jan. 1,1933
'1893 4 (6) J-J
^^^^^^^^ ^^ j^j^.^^ j^^^ ^^^^^^ Springfield, O.
y5 000
5
2d M., Income, $150,000
in 1897 from 6
Interest on firsts was reduced temporarUy
Sajretary and Treasurer.
Outstand'g^
.....^j^
of first mortgage.
retirement of the firsts,
8tock,$l,000,0(^0
SPRINGFIELD, OHIO.
RAILWAY-A trolley road. RailSPRINGFIELD has
been acquired by the American
wavs Company. See statement
interest.
...
STATEN ISLAND MIDLAND RR.-A troUey road.
Organization
Stock $400,000.' Bonds $300,000.
streets.
MatuHty.
^«'e-
—
69, p. 386.
6,522;
TRACTION CO.
SPRINGFIELD
-Successor in 1895 to Metropolitan
12 miles of
BONDS-
Knickerbocker Trust Co., N. Y.
M-N
$750,000 May 1, 1946
5
g.,
^
Trust Co., N. Y.
Guaranty
Trustee,
c*
<
gold
000,
also, subject to the
and
property,
and
Consols cover aU franchises
Investment & ImY.
N.
the
of
stock
$260,000
of
1895,
ilrst mortgage
Co. as trustee
Trust
Knickerbocker
provement Co. now deposited with
Of tne consols. $1,250,000 wUl be reserved for the
1st M.,
S
..$f|050
&
of the Staten Island Belt Railway.
Stock, $1,250,000..
Bonds
gross eam'gs
and franchises
I8t consol. mort., $2,000.-
5,
ORQANlZATlON.-mcorporated
OrganizationYork December 11. 1894. Owns a through Une from South Beach to
HoUand Hook, where, by means of a ferry, it connects with the Conaround St.
soUdated Traction Co. of New Jersey, and with a belt line
Lake. The
George and a spur up the Richmond Turnpike to SUver
company also controls one-haU of the $1,000,000 stock of the Rapid
York, and owns all the
Transit Ferry between St. George and New
Stock
51,522; IN 1890 WAS 44,179;
33,340, AND IN 1870 WAS 26.703.
trolley road.
WAS
ELECTRIC RR- -TroUey.
STATEN ISLAND
Incorporated under the laws of the State of New
rights
WAS
RY.-A
SPRINGFIELD STREET
March 1868.
Net.
$10,521
iQos.Q
$205,792
II97-8. ::.:::;:; :::.i85;i9L
SPRINGFIELD, MASS.
IN 1895
30.
(jross
cent scrip
floating debt had been reduced to $53,000.
in the City of
ROAD-In Feb., 1899, owned 24T.mUes of troUey track
lb.
60
and
40
Springtield. Rails
For 1897, gross,
EARNINQS-For 1898. gross, $121,432; net, $17,101.
$41,560.
net.
#105.123;
„..=,. oB. wii=^,..
Wilson,
Vice-President.
OFFICERS.- President, William Jarvis;
224.
Treasm-erandGen.Man. C. K. Minarv. V. 65. p. 730 V. 67. p.
POPULATION
its
OrQANIZATION—This
of the
stock from $500,000 to $1,500,000, and purchased the stock
being
the
sale
for
considerations
the
of
one
RR..
Staten Island Electric
principal and interbonds,
moitgage
1st
lattcr's
the
of
guaranty
the
Bonds are $500,000 50-year let mort. gold 58, dated June 1,
est.
Co., N.Y. Central
1897, $1,000 each, int. J-D. at Guaranty Trust
Trust Co., N. Y., trustee.
A'lir'i'ig'li
Subject to call at 105 after Mar. 1, 1895
Interest at Mercantile Trust Co., N.Y.
lawful^
N. Y.
Population 1890 avas 51,693 in 1880 was 38,991
in 1870 WAS 33.029.
.,
Miles.
Secretary
;
CONSOLIDATED B.Y- "^
SPRINOFIELD
consoUdation of the People's Electric Railway
RTOCK&BOHDS-
New Haven. Conn.;
Officers.—President, Col. N. H. Heft,
and Treasuier, W. L. Squire.
SPRINGFIELD, ILL
PaPULATioN
IN 1890
WAS
14,424; IN 1^80
WAS
10,282.
RR-A troUey road.
c^TOCKTON ELECTRIC
A-0, $150,000; due
1st M.
1917;
68,
BONDS-Stock (?);
Co. Owns 12 mUes of track.
Trust
&
Deposit
Safe
CaUfornia
truitee
Corcoran.
OFFICERS-President, Joseph Fyfo; Secretary, H. J.
Stock
&
STEEET KAILWAYS.
STREATOR,
Population 1890 was 11,414;
AND IN 1870 WAS
Road- Operates 23
ILL.
1880 was 5,157
in
1,486.
A trolley road.
Receivership— Sold uuder foreclosure Oct. 7, 1898, to Receiver C.
S. Barr, the principal bondholder.— V. 67, p. 843.
Road— Owns 5% miles of track. Rails 56 lb. girder
STREATOR RAILWAY—
Officers-— President,
P. F.
Barr.— v. 63,
970; V. 67, p. 843.
p.
Population 1890 was 5,930 in 1880 was 4,077
IN 1870 was 3,131, AND in 1898 (estimvtkd) 10,000.
;
Stock
&
24,
May 28, 1892, after judicial sale.
Miles. Date, interest. Outstand'g. Maturity.
Reorganized
Bonos—
929, 1026, 1078, 1227; V. 69,
$125,000
Stock, $125,000 (par $50)
65,000
c* 32 1892 6 g. J-J
First mortgage, gold
24,600
Loans (unsecured) July 1,'98
Road Owns 3-9 miles of trolley in Sunbury and Northumberland.
Earnings— Foryear 1897-8 gros8,$l ,354; net, $3,959; Interest and
SUPERIOR,
;
Sec. andTreas., S. P.
Wolverton
^VIS.— See West Superior.
SYRACUSE,
Population 1890 was
and
in
N. Y.
in 1880
43.051.
8'', 143;
1870 WAS
was
51,792;
21, 1896,
ORQANIZATION— Incorporated
In 1899 acquired East Side Traction.
&
Date,
Bonds—
stock
Preferred 6 p. c.non- cum
1891
People's RR.. 1st mtg
Mort. ($3,250,000)gold...) i^Qfi
^''^'^
f$l,000)
cM
Stock
5
V. 62, p. 644.
Authorized.
Maturity.
$2,750,000
1,250,000
750,000 Jan." I,"i92i
2,500,000 Mar. 1,1946
interest.
J-J
5g.M-S
Guaranty Trust Co., N. Y, trustee.
1903
200,000
Loansec.by 2d M. bonds. 1898
The Rapid Transit mortgage of 1896 is for $3,250,000, of which
$750,000 of bonds is reserved to retire the People's RR. firsts. In
Oct., 1898, obtained temporary loan from directors of $200,000 for
Improvements, secured by 2d mortgage bonds as collateral.
Earnings— For 3 mos. ending June 30, 1899, gross, $123,371; net,
$50,488; other income, $981; charges, $52,557; def., $1,088; for 1898,
gross, $112,623; net, $10,327; other income, $785; charges, $44,819;
For year ending June 30, 1897, net, $178,074.
def.. $3,707.
Road—The length of the lines Is about 65 miles. In Jan., 1899, extension to East 8yracuse reported to b* proposed.
Officers— President, W. P Gannon; Vice Prest., E. W. Moore; SecandTreas., T. H. Conderman.-V. 63, p. 525, 774.
EAST SIDE
the Syracuse
87.
is
in Jan., 1899, to
Ry., foreclosured on Dec. 29, 1898.
Transit.
V. 68, p.
owned by Syracuse Rapid
TACOMA, WASH.
Population 1890 was 36,006;
TACOMA
RY. &
in 1880
;
in
3,794.
Organization— Incorporated Feb. 11, 1895. Miles of track, 8"36.
Stock, $500,000; outstanding, $116,700 par, $100. Bonds, $100,000
at New Haven Trust
20-year coup. 58, due Nov. 1, 1916, interest
Co., New Haven, Conn., trustee; outstanding, $100,000. For 12 mos.
ending June 30, 1899, gross, $24,143; net, $4,809.
President, Chas. E. Graham; Treas. and Man., Lyman A. Upson,
M&N
Thompsonville, Conn.
TOLEDO, OHIO.
Population 1890 was 81,434; in 1880 was 50,137;
and in 1870 was 31.584.
TOLEDO TRACTION COMPANY-A trolley road
Organization— Incorporated in May, 1895. On July 1, 1896.
acquired by consolidation all the property, rights and franchises, etc.,
of all the street railways in the city; also controls the Toledo Consolidated Electric Co., which owns and controls practically all the electric
ighting and power business in the city, and the underground conduits.
Date, interest. Outstand'g.
Maturity.
Bonds—
Stock
Common stock, par $100
$4,000,000
Pref.,6%,non-cum.,par$100
6 p. o.
2,000,000
Tol. Con. St. 1st M., $1,000.. 1885
6 J-J
300,000 Jan. 1, 1900
2d mortgage, ($500)
1887
6 J-J
114,000 Jan. 1, 1900
Interest at Blair
was
1,098.
POWER.
& Co., 33 WaU St., N.
1,086,000 July
5 J-J
'^''con?ormoT1?rrer/M889
™
Interest is payable at Blair & Co.
$1 000
65 miles
1,
Y.
190»
5
5g. F-A
700,000 Feb. 1, 1912
o*'5^'^^®''®^***^^**^**^^-'3^ ^^^ St.,N. Y.
co'nsol. M., )
1896 5 g. J&J 3,465,000 July 1, 190»
$6,000,000g., ($1,000) 0* S Interest at Guaranty Tr. Co., N.Y., trustee.
Bonds—Ot the new consolidated mortgage 5s of 1896 for $6,000,000,
$2,200,000 are retained to retire divisional prior lien bonds when
due. The mortgage covers all the railway, subject to the divisional liens of $2,200,000, and la a first lien on the new Central
Station and other realty. The bonds are further secured by the deposit
of $1,000,000 par value of Ist mortgage bonds and entire capital stock
of Toledo Consolidated Electric Co. Tlie bonds of this issue reserved
for future extensions can be issued only at the rate of 75 per cent of
the actual cost of such improvements.
Report— Year ending June 30 the earnings have been as follows
Grosf.
Net.
Charges.
Bat., sur.
1898-99
$460,028
.$1,006,384
$283,119
$176,909
'^Isfm^t'^s'^S'^^^^^^
^^'*
$1,000 „
Tol. faction'
:
1897-98
TRACTION.-Sucoessor
& East Side
The road
in
&
RY.SYRACUSE RAPIDMayTRANSIT
per plan in
Common
334.
THOMPSONVILLE, CONN.
1890 was 4,663
1880 WAS
ENFIELD & LONOMEADOW ELECTRIC
Population
—
taxes, $4,013. Pres., Daniel Coolidge
p. 29,
;
& NORTHUMBERLAND EL-RYSUNBURYChartered
June
1885, as Suuburj' & NorthumberOrgan IZATION—
miles of track.
Officers— President, W. R. McKeen; Vice-President, J. G. McNuttj
Secretary, John T. Beasley; Treasurer, Guy E. Tripp.— V. 68, p. 333,
RY-— A trolley road.
SUNBURY, PA.
and Street R.ailway.
87
Road— Track,
921,998
367,455
266,140
101,315
97-80 miles. Cars (closed, 124; open, 110; trailers, 39),
273.
Officers— President, Albion E. Lang, Toledo; Vice-President, Tho».
H. McLean; Sec, Barton Smith; Treas., John B. Dennis— V. 63, p. 1116;
V. 69, p. 29.
TOLEDO BOWLING GREEN & FREMONT
road.
Stock, $500,000; outstanding,
RAILWAY—A
trolley
Organization— Incorporated in Feb., 1899, in New Jersey, "to furnish electricity from water power to the factories and street railroads
of Tacoma." The new company took over all the street roads in
Tacoma. Incorporators: C. H. Costei*. Bird S. Coler, T Jeflferson
Coolidge, Jr., Samuel Carr, S. Endieott Peabody, Gordon Abbott,
$160,000; par, $100. No bonds in Jan.. 1899. Miles of track, 20,
extending from Perrysburg to Merville. Operated jointly with Toledo & Maumee Valley Ry. Secretary, W. B Brock way.
Charles E. Cotting of Boston and others.
Organization, Etc.— Cliartered in 1894 to build a street railway
from Toledo to Perrysburg and Maumee. Capital stock is .$300,000.
First mortgage is for $300,000 of 5 per cents, dated 1895, due 1920;
interest M. & S., at Metropolitan Trust Co., New York, trustee.
Road—Owns 14 miles of track, entering Toledo over tracks of
Toledo Traction Co., 8 miles, under perpetual traHlo agreement; 56-lb.
rail; 14 cars.
The Toledo Perrysburg & Fremont Electric RR. forma
an extension. Pres., A. K. Detwiler; Sec, G. K. Detwiler, 106 Summit St.
Stock & Bonds —
Com. par $100, .$2,000,000
Date.
V. 68, p. 284, 873.
Maturity.
Inlerisl. Outstand'g.
$2,000,000
1899 5ff A.&O. 1,100,000 Ap. 1, 1929
g.,
not redeem before mat. ^ Int. at Old Colony Trust, Boat., trustee.
Road Owns 51'75 miles of track.
Officers— President, Gordon Abbott, Boston; Sec., I. S. Keeler, 44
Broad, New York; Treas., R. T. Paine, Boston.
M.,
($1,000) $1,500 ..c*
)
—
TARENTUM,
PA.
Population 1890 was 4,627; in 1880 was 1,245;
and in 1870 WAS 944.
TARENTUM TRACTION.-A
trolley road.
Stock $50,000; par $50 ; Ist M
$100,000, gold, 1894, 6g., J -D. due Dec. 1, 1924, but subject to call
Fidelity Title & Trust of Pi* tsburg Is trustee.
after Dec. 1, 1904.
Road- -4'7 miles of track and ^ mile of siding in Tarentum and sub
urbs. Rails 68 lb. girder. Year ending June 0, 1898, gross, $19,928;
net, $5,780; interest and taxes, $0,924; balance, def. for year, $1,144.
President, C. G. Iliwsey; Sec, J. B. Cranford; Treas., Frank R. Dravo-
Organization—Chartered
in 1890.
:
TERRE HAUTE,
TOLEDO & MAUMEE VALLEY
TOLEDO MAUMEE
ELECTRIC RR.— A
company
is
Stock
&
IND.
tlie Terre If autft Electric Street Rail21, 1899, and bought by a syndicate
Webster, of Boston. Tlie same parties also
June
represented by Stone <fe
bought the Citizens' Electric Light
Stock
&
Bonds—
Date,
& Power
Stock, $450,000 (par $100)
1st M., g„ $450,000 ($1,000)..
interest.
Oiitsland'u.
Bonds, $1,500,000
Maturity.
(J)
...
(189'>
jTrnxteeo,
(
1929
U ion Trust Co. of Indianapolis and
5
Boston Safe Deposit Co.
(1)
interest.
road.
Outstand'g Maturity.
(0
'
{
irft'f^Jict" Tr.^^rN'V,TuVt;e^e'.
TOPEKA, KAN.
Population 1890 was 31,007; in 1880 was 15,452;
AND in 1870 was 5.790.
TOPEKA
Stock
&
RAILWAY-MostlytroUey.
Bonds—
Date.
Interest.
Stock, $1,2,'30,000 ($100)
plants.
Stock $1,000,000
RY.-To be a trolley
Date
Bonds—
Road—Toledo to Monroe, 23*2 miles, uuder construction. Projected
to Detroit; also to Dundee, Mich. Rails, 70- lb. T; stone ballast.
successor to
at foreclosure
trolley road.
TOLEDO & MONROE
TERRE HAUTE ELECTRIC COThis
PERRYSBURG
Incorporated Feb., 1894.
Stock, $150,000. Bonds, 1st moitgage v 5-year 5s, $300,000, dated
March 1, 1895, interest M-S, $1,000 each; Metropolitan Trust Co.,
New York, trustee. President and General Manager, J. K. Tillston;
Secretary and Treasurer. Frank M. Ohl.
Population 1890 was 30,217; in 1880 was 26,042;
and in 1870 was 10.103.
way, sold
&
RY.-TroUey.
TonPkaRv IstM
«t!l
7oo oom'ifg. ($l,000)
(«1 6oo> o
0.
($1,100,000)
Road— Owns
C
]
^
1892
4ifl g.
Interest at J.
Trustee
M-S
Kennedy Tod&Co.,N.V.
City.
Manhattan Trust Co., N. Y. City.
laid with 35 to 52 pound rails.
is
33 "a miles of trolley,
Officers— President and
Outstanding.
Maturity.
$1,250,000 f.p
1,100,000 May 1 1922.
Troas'r, C. C. Baker; Sec'y. J. G. Slonecker.
J
4
:
;
:
:
.
STREET RAILWAYS.
88
TROY,
TORONTO, CANADA.
RAILM^AY-A troUey road.
THE TORONTO
1892 aud acquired by purchase
Incorporated
in
Organization—
TROY CITY
tht
old Toronto City Street railways and the exclusive privilege to work
street railways In the city of Toronto for a term of 30 years from Sep
tember 1, 1891 (with the exception of two small reservations in the act
which are believed to be of no importance), a privilege which has sincf
been ratifled by act of the legislature of Ontario.
In September, 1896, it was reported that the Toronto Ry., in conneo
tlon with the Montreal St. Ry., had leased the Birmingham Tramwaye
(4318 miles of track operated by horses) for 21 years at an annual
rental of £5,000. Electricity is to be introduced.
Pauments to the City— As to annual payments to the olty, see Supple
MENTof May, 1898.
QTfirk * Bonds—
Oiitsland'a. Last div.,ele.
$6,000,000 f. p. See text.
July 1,1914
600,000
1881
6 J-(1891
Aug. 31, 1921
2,200,000 Aug.31,192]
_4i3g.IT
4i3g.IT
1891
lstM..$4.550;000$&£<
Mont.
Angus,
o* (T'lstees, O. A. Cox, To'nto, & R. B.
$35,000 p. m
Interest.
Date.
N. Y.
WAS
Popul.VTION 1890 WAS 60,956; IN 1880
AND IN 1870 was 46.421.
Population 1895 was 17-4,309; in 1890 was 160,14:1;
AND IN 1880 WAS 75.110
8t«ck(pav*100).
Toronto St. Ry. debens.
56,747;
RAIL^VAY-Mostly electric.
31, 1866. Controls by lease the Troy
leases the following: Troy & Cohoes
Ry., Lansingburg & Cohoes Ry., Waterford & Cohoes Cos.
In August (1899) reports were current of a proposed consolidation
with the Albany Railway and some other properties.
Organization— Chartered Jan.
& Lansingburg RR.. which in turn
&
interest.
Outstand'g
Maturiln.
Stock
Bonds.— Date.
Stock ($100)
Quar.
$2,000,000
See text.
5
Troy & Lansingburg ^1888
A-O
37,000
Apr. 1, 1898
5
consol. mortgage.. 5 Interest at Mvitual National Bank, Trov.
Troy & Lansb. mort... 1888
Apr. 1, 1903
A-O
42,000
5
Troy City Istcon.M.,) 1892
5 g. A-O
1,921,000
Oct. 1, 1942
g.,$2,000,000..c*&r \ Interest paid by Trustee, Central Trust Co., N.Y.
Debenture (D)
1897
200,000
May 1. 1901
5 Q-F
(E)
200,000
May 1, 1904
1899
5 Q-F
In 1896 issued the debentures for floating debt, etc.
The " Capital stock leased roads" includes Troy & Cohoes stock
$50,000, dividends under lease 7 p. 0. yearly Lansingburg & Cohoes.
$15,000, dividends under lease, 7 p. c. yearly; Troy & Lansingburg,
$700,000, owned by Troy City Ry. total, $765,000. The Waterford &
Cohoes RR., $25,000 stock, receives 7 p. c. yearly underlease.
Dividends— Dividends of 5 per cent per annum to Dec, 1896, inclusive; in 1897, Sept., 1 p. c; Dec, 1 p. c; in 1898, Mar., 1 p. c; June
1 p. c; Sept., 1 p. c; checks are mailed. The December, 1898, and
March, 1899, dividends were passed pending adjustment of damage
claims from accident ou Sept. 5, 1898.
Road— Operates track in Troy, extending to Lansingburg, Green
Island, Cohoes and Waterford.
21*59
Length of road owned.
Miles. Total tracks owned
Miles.
Main line (single track)
10-15
Length of lines leased
3"72
3-52 Troy to Cohoes
Branches
-51 Lansingburg to Cohoes
I'l
UnionDepot
1-88
7'41 Waterford to Cohoes
Second track
3*00
Wgt. of rail per yd., 631^ to 93 ifi lbs. Second track and sidings
Annual Report.— Annual reports show (See V. 67, p. 951):
Yr.end.Junejo. 1899
1899
1898
1898.
Gross earn' gs.. $560,78
$526,066 Dividends.... $70,000
$80,000
Net
30,107
237,848
247,679 Bal., sur. year 79,608
Other income.
6,924
4,744 Total surplus
Int., taxes, etc. 145,164
June 30
60,786
142,316
,
;
;
Interest and principal on sterling bonds payable Feb. 28 and Aug.
31 at Bank of Scotland, Lothbury, London, E. C.
Dividends— In July. 1895, 1\ per cent; in 1896, Jan., 1^ per cent
July, 1\ per cent; in 1897, 312 per cent; since, (I)
Sinking Fund—The company is obliged to redeem 5 per cent of its
total bond issue by drawings at par yearly from Aug. 31, 1911 to 1920.
Bonds— The tlrst mortgage bonds cover the entire property, subject to
IT
payments due the
city
and the debentures,
to retire
which $600,000
are reserved. The bonds unissued may be used for new oonstruotion at the rate of $35,000 per mile of single track, but its total bond
issue must not exceed In the aggregate $4,550,000.
Road— Operates 94 miles of track, of which 8 miles controlled.
firsts
Earnings-
Interest.
Net.
Oross.
Amt. paid
Bal.,surp,
city.
$551,811
1897.. $1,077,613
282,026
78,922
128,564
489,512
997,273
1896...
292,692
78,197
131,997
502.886
992,801
1895...
Officers President, William Mackenzie; Vice-President, James
Ross; Manager. E. H. Keating; Secretary and Treasurer. J. C. Grace.
—
. . .
.
Pres., C.
TORRINGTON, CONN.
POPULATION
IN 1899 (EST.), 9,000; IN 1890
IN 1880 WAS 3,327.
TORRINGTON &
WAS
WINCHESTER
Orqanization— Incorporated
J. J.
Hagen.-V.
67, p.
951.
in 1897 under special act.
Operated
in 1880
was
2,418.
TUSCALOOSA BELT RAILWAY-A steam road.
RY.-
ST-
Organization— Chartered July 5, 1889.- Stock, $100,000; 1st mortgage, 5s, gold, J-D, $100,000, due June 1, 1918. Interest is payable
in New York at Knickerbocker Trust Co.
Operates al)out 6 miles road. President, W. C. Jemison; Sec. and
Treas.,
John
W. Woolfolk, 15 Wall
T. Cochran; Gen. Man., J.
UTICA,
St.
N. Y.
Population 1890 was 44,001; in 1880 was 33,914;
and in 1870 WAS 28,804.
road.
ST. R Y.-To be a
FRANKFORT & UTICA
Feb.
Road
extend from Franktrolley
Organization—Chartered
to
1895,
fort to Utlca, 7 miles, with extension to Herkimer, there connecting
with the proposed Little Falls & Herkimer. To be built in the spring
obtained
permission
from
1898,
1899. On August 8,
of
6,
the Railroad Commissioners to change system to overhead trolley
stock, $70,000; paid in, $7,000 President, W. D. Lansing, Little Falls;
Sec, John D. Henderson, Herkimer; Treas., John Giblln, Ilion.
UTICA BELT LINE STREET RR. -Trolley.
N.
J.
1880 was 29,910;
18, 1886, and owns the principal
and adjoining villages. It leases and operates
& Binghamton Railroad at a rental of $15,000,
the lease being dated 1886 and running 99 years. In February, 1897
the stockholders voted to lease the railroad and parks of the Utioa
Suburban Ry. for 99 years rental interest on its 5 p. 0. bonds. Extension of the Utioa Suburban Ry. from Genesee Street, New Hartford, to Forest Hill Cemetery, in operation and projected to Rome.
Organization— Chartered June
POPULATION 1890 WAS 57,458; IN
AND IN 1870 WAS 22,874.
street car lines in Utica
a portion of the Clinton
RIVER TRACNEWTOWN & DELA^VARE
To be a trolley road.
TION COMPANY—reorganization
in November,
of the
1897,
Organization, Etc.— a
East Penn. Traction. Company intended to build between Trenton,
N. J., and Yardley, Newtown, Morrisville and Doylestown, etc.. Fa.
President, Lewis A. Conwell. Office, No. 1345 Arch Street, Philadelphia.— V. 65, p. 925.
NE'W YORK & PHILADELPHIA TRACTION
Organization—Chartered July, 1894. On Jan. 1, 1899, had outstanding $25,000 of full-paid capital stock; bonds, none; other debts.
$180,000. In Oct., 1898, control acquired and since operated in the
interest of the Brunswick Traction Co. In Jan., 1899, the only line
in operation was between Bound Brook and Raritan, 7 miles. In
Deo., 1893, obtained additional franchise to build \ mile line in
Bound Brook. President, Gottfried Krueger, Vice-President, J. Blair
MacAfee; Sec, Edward H. Radel. Office, New Brunswick, N. J.— V. 59p, 115; V. 61, p. 113.
;
Stock
&
Bonds—
Miles.
Date,
interest.
Com. ($150,000) ($100)
Ouls'd'g.
Maturity.
$1.50,000f.p
Pref. ($150,000) ($100)
1st M. ($500,000) gold
2d M. ($200,000) gold, c
Utica Suburban 1st .vf )
gold, $50,000, guar. ^
1889
1891
5
M-N
5J-J
150,000f.p
500,000 Nov. 1, '39
200,000 Jan.1,1931
.
($500 each)
1897 5
g.
M-S
50,000
1937
)
Interest at N. Y. Security & Trust Co. (trustee), N. Y. City.
S/ocfc- Preferred stock is non-cumulative and only entitled to dividends when earned as follows: For two years from May Ist, 1896, at
5 per cent and thereafter at 6 per cent.
for 4 years from July 1st, 1894, at
c, and there after at 5 p. c Sec, mtge. bonds are $500 each.
Lines Owned.
Miles.
Miles.
Road— Lines Leased.
6-38
175 Main line
Yorkvilleto Upper Mills
1-60
Main street to New Hartford.. 380 Branch
to White8boro....3-79
5
Total
of
all
22-23
Sidings (owned and leased.... -00
Latest Earnings—July 1 to March 31, 9 months
0th. inr. Int., taxes, <fe. Bal., sur.
Net.
Gross.
Bonds— 2nA M. bonds draw Interest
4
p.
\
PRINCETON & TRENTON TRACTIONto build
OrGANIZATION— Incorporated ou Jan.
14, 1899,
I
trolley road
from Princeton to Trenton, 12 miles. Stock, $200,000. In Feb.,
Incorporators— Geo. A. Vanderbilt,
1899, contract was reported let.
Princeton; Julius Garst, Elmer E. Carpenter and Harry F. Lincoln,
Worcester, Mass.; Charles W. Shippee, Boston.
TRENTON STREET RAILWAY-See
"United
Power & Transportation," under Philadelphia.
TRENTON tractionown stock
«0, p. 44.
and Treas,
Population 1890 was 4,215;
,
Organization -Supposed
Sec.
TUSCALOOSA, ALA.
6,048;
from July 1, 1897. Serves a population of about 20.000.
In July, 1899, the Connecticut shareholders bought out the interests
Of the Boston shareholders, and it was reported that changes in the
condition and operation of the road are contemplated.
Outstanding. Maturity.
Date. Interest.
tirnrK & BONDS—
$200,000 f. p
Stock, $200,000 (par $100)
Deo.1,1917
150,000
1st mortgage, $150,000.5 1897 5 g. J-D
c* (Int. at Hurlburt Nat. Bk Winsted, Conn.
gold
Trustee of the mortgage is State Treasurer of Connecticut.
R OAD—Torrlngton to Winsted, 13 miles of trolley, of which 10 miles
built on private right-of-way. Equipped with 56-lb. 4-ln.T rails.
Earnings— Nine months ending June 30, 1898, gross, $24,202; net,
Three months ending Oct. 1, 1898, gross,
$8,636; Interest, $5,008.
$17,023 ; net, $9,587.
Surplus.
Net income. Charges.
Latest Earnings— S Gross.
$238,704 $139,558
$99,119
Jiiiy ItoDec. 3i,1898:)51$5.388
Officers— President, W. B. Ferguson; Secretary, S. A. Herman;
Treasurer, George A. Butman. General offices, Winsted, Conn.
TRENTON,
Cleminshaw
V. 69, p. 383.
to
Traction stock, $.500,000; paid
Trenton Street Ry.
$150,315; par, $100.
in the
in,
I
I
$320
$48,488
$41,811
$6,997
$153,834
479
50,187
33,511
145,515
12,154
Annual Report.— For years ending June 30, earnings have been
1898-99
1897-98
V.
1897-8.
$1 92,836
1896-7.
1897-8.
1896-7.
$166,887 Taxes
$4,044
$4,037
60,225 Rentals
16,250
52,196
15,000
Net
BaiiiLce,
30,636
surplus.
49
31,853
10,652
Interest
Officers— President, John W. Boyle Secretary, Edward Bushlnger;
Treasurer, Chas. W. Mather.— V. 63, p. 503; V. 65, p. 568.
Gross
;
STREET RAILWAYS.
MOHAWK RAILROAD-
UTICA &
Control changed hands May, 1899, and load to be extended to a
connection with the Frankfort & Utica.
Stock, Bonds, Etc.— Miles. Date, interest. OutstamVa. Uaturily.
Stock, $250,000, par $50
$52,100
1st mort Rase, ffohl
1800 5 j;. J-J
75,000 .Tiil'v 1,1910
2d niortgafrn, $35,000
1896 6 M-N
20,000 Nov.1,1910
Bills payableJuue30, "99
29,017
Road— Owns from Genesee Street to Utica Park, 2% miles; sidings
0-33 miles; total, 308 miles; also parks valued at $45,994.
Earnings— l''or year ending June 30,1899, fiross, $25,685; net, $6,714; tixed charges, $6,475; balance, sur., $239. For j-ear 1897-98.
gross, $26,423; net, $2,216; fixed charges, $7,235; balance, def.,
$5,019.
Officers— Piesideut,
James
F.
Mann;
Secretary, William E. Lewis.
in
(3)
COLUMBFA KAILWAY.-A cable road.
The Washington Traction & Electric owns all the stock.
Date, interest. Outsland'g. Maturity.
Stock & Bonds— Miles.
rftock ($400,000) ($50)
1st M. ($500,000) cur.
Not subject to call.c.
Ext. M., $500,000. g
Not subject to call.c.
-V.
67, p.
788
;
V. 63,
Q-M
$400,000
See text.
6
1894 6 A-O
500,000 Oct.l. 1914
Int. at American Sec. & Trust Co., trustee.
1898 5g.A O
Oct. 1, 1914
(?)
Interest at Amer. Sec. <fe Trust Co., trustee.
p. 572, 619, 773.
(4) GEORGETOWN & TKNALLYTOWN RY.— The Washington
Traction <fe Electric owns 3.078 of the 4,000 fcharea of stock.
Date.
interest.
Outstand'g. Maturity.
Bonds—
Stock
Stock, par $50
$200,000
1894
6
Istmortgage
70.000 Feb. 1,1904
mortgage
1896
F-A
6
30,000 Feb. 1, 1904
2d
&
(5) METROPOLITAN RR.— Underground electric.
The Washington Traction & Electric owns 18,392 of the 20,000
1880 was 7,295;
3,008.
shares of stock.
CITIZENS' RAIL^VAY.-A trolley road.
Date, interest. Oiitstand'g
Stock & Bonds—
Stock
Maturity
$.350,000'
mortgage, currency...
1890 6 A-O
350,000
6ct."i,'l9ib
Trustee is St. Louis Trust Company of St. Louis, Mo.
ROAC—Operates about 19 miles of track. 'V. 66, p 84.
Officers— President and General Manager, H. C. Scott.— V. 66, p. 84
1st
V/ASHINGTON,
In Dec, 1898. tiled two new mortgages to secure $250,000 and
$500,000 5 per cent bonds respectively, to refund, it was thought, the
existing funded debt, all bearing 6 per cent interest.— V. 67. p. 1355.
F-A
WACO, TEXAS
Population 1890 was 13,067;
and in 1870 was
89
D. C.
Bonds -
Date,
Outstanding.
interest.
Q-J
^^1$,o)^^'^^^'^^^.:.'^'!'!.\--
lstM.,$i",856|6o6,'gold}1895
5 g
Maturity.
'...
$1,000,000
F-A
1,8.50,000
Feb. 1, 1925
Guar. Co., Trustee, Bait.
Not subject to call.c* \ Int. at Bait. Tr. &
July 1, 1901
6 J481,000
Collateral trust bonds, 5 1892
aonvertible
l Int't at National Bank Republic, Washington.
250.<i00
6 A-O
Oct. 1. 1906
Certs, of indebt...A&B 1896
Juno 1, 1907
1897
250,000
Certs, of indebt
—V. 63, p. 459; V. 68, p. 572, 619, 773, 824, 1133.
J&D
(6)
Population 1890 was 188,932 in 1880 was 147,293;
AND in 1870 WAS 109.199.
&
Stock
WASHINGTON & GREAT FALLS ELECTRIC RY.-A
trolley
road.J
;
The Washington Traction
\VASHlNGTON TRACTION c& ELECTRIC
<fe
Electric
owns 834 out
of the 8t5 shares
of stock.
Capital Slock Dec. 31, 1898, $86,500; 1st mortgage 6s, $400,000.
Organization—This company controls the principal street railroads
in -Washington and the two Electric Light Companies,
which alone
TRANSIT.&
are operating, or authorized to operate, in the national
capital. The
railroad companies have 116 miles of track (all under
road
extending
from Takoma
trolley
Ouerates
a
OrQANIZATION.—
electric traction or in process of conversion), while the Electric Light
Companies to Sligo, opened September, 1 897, and by a traffic agreement with the
have 72 miles of subways with about 400 miles of duct,
Brlghtwood Electric runs cars into Washington, where transfers are
besides
many miles of overhead wires. The following shows the total out- given to city lines. In 1899 extension was proposed to Sandy
First mortgage,
standing stock of the companies controlled and the amount
Spring, Md., 12 miles. Stock, $100,000; par, $50.
of
BALTIMORE
the shares aciuired in each instance by the Washington
Traction
Electric.
Capital
Nam e of Oampa ny—
Metropolitan RR
Columbia Railway
Anacostia & Potomac
Miliaqe.
Georsetown »t Tennallytown
Rrighlwood Railway
Washington AVoodsidw & Forest
<^lrV
Washington
Washington
24-00 $1,000,000
14*00
400,000
32-00
2,000,000
8 80
200.000
11-03
108,500
3-00
& (ireat Falls
& Rock\ille
116-83
Uniteu States Electric Lighting
Potomac Elec
ric
Power
20,000
8.000
40,000
4,000
2,170
1,000
18,392
8,000
39,725
3,078
2,105
se.-'ioo
865
978
834
50,000
1,000
1,000
$3,870,000
77,035
74,112
13-(jO
.l-WMing-
Total
Shares
shares. Acq'ued
25,000
1100
Total Railroads
TT
stock.
&
stock.
No. Shares.
$1,086,000
Acq'd-
10.860
10,000
10,454
10,000
1,00. ,000
Total lighting
$2,086,000
20,860
20,454
Total all companies
$5,956,000
97,895
94,566
The syndicate also has the right to purchase the stock of the
Wash
ington Automobile Co.
Stock and Bonds— The consolidated company has $12,000,000
of
and has authorized an issue of $20,000,000 collateral
trust
bonds. Of the bond issue. $1,442,000 ar^ to be held
for the future
uses of the company, and $6,558,000 are reserved to
retire out tauding
bonds of constituent companies. The remaining $12,C00
0r0 have
been issued, and $7,750,000 of the same were oftered
for public sub
scnption in June by Messrs. Brown Brothers & Co.,
the United States
Mortgage & Trust Co., and Kountze Bros.
stock,
Stock
&,
Bonds—
Date.
ist mort. collateral trust,
Uo\A, $20.000,. OU
Bonds may
l)e
notes.
«99
Rate.
Outstatid'a
Mnlur-ii^,
J.-D.$ V^.OOO 000 June 1 1949
\ Int. at U. S^Mtg. & Tn^^t Co.
N l^ftr'ustee
redeemed at 107'^ and accrued interest on 5 months'
<.
1
41^^ ^.
$500,000, Guardian Security Trust
to
increase heavily.
Officers— President, Col. George Truesdtll; Vice-President, Charles
A. Lieb Treasurer, H. D. Mirick
aecietary, James B. Lackey
68, p. 1027, 1134, 1184, 1228.
;
ANACOSTIA
(1)
-V
;
ii
POTOMAC RIVER RR.-
The Washington Traction
&
Electric
owns 39,725 out
40,000 shares of stock.
Stock
& Bonds—
Miles.
^
Stock au.,$2,000,000($,50)
i St -M..
$200,000, gold
c*^^^*^
'
2dM.,$100,000,currency
3dM.,$50,000
—V. 68, p. 426, 773, 824.
{i)
DaU.
OutstavdUi. Malurilu
""'"^•
$2,000,000
IS^l CgA-O
200,000 Oct.1,1931
Subject to call after 1901
1892 6 J100,000
1912
1895 6?o
50.000
interest.
BRiaHTWOO:> RAILWAV.-Atrolley
road.
The Washington Traction & Electric owns 2,105 out
shares of stock.
Stock
A
Stock, par
Bonds—
$.'J0
iHtM
General mtges
of the
of the 2,170
Miles track. Date, interest. Outstand'g. Maturitu$108..500
... .T
12
1892 6 A-O 250.000 Oct. 1,1912
12
1893 6 M-N
1 00.000
May 1. 1913
& Deposit
Co., Baltimore, Tru8t«e.
CAPITAL TRACTION.— An underground trolley road.
Organization— In the fall of 1895 absorbed the Washington &
Georgetown and Rock Creek companies. See V. 61, p. 283,328, 588.
—
&
Outstanding.
Maturity.
Date, interest.
Bonds
Stock
Text.
8eete»t.
$12,000,000
8tk,$12.000,000 ($100)
See text.
Jan. 1, 1903
1898
5 J-J
1st M., $1,000,000
These bonds are to be used as collator il to secure the necessary adrances for the changes and improvements in the rapid transit system
and in the route or alignment of the company's roads.— V. 66. p. 38.
Dividends— \n 1895, 1 p. c; in 1896, 3^2 p.c; in 1897, July, 60 cents
pershare; Oct. l,65cents; in 1898, July 1, 75 cents; Oct. 1, 75 cents ;
in 1899, Jan., 75 cents; Apr., 75 cents; July, 75 cents.
Road— Underground trolley (since Apr.'98) double track,17-98 miles.
189«.
1897.
1896.
Earnings—
$<)93,177
Gross receipts
$908,839
$1,036,165
Net earning!202,042
336,637
379,911
22.597
none
none
[nterest charges
314.040
Balance lor dividends
202,042
379,911
Dividends paid
269,961
209,958
419,873
Officers—President, G. T. Dunlop; Vice-President, C. C. Glover;
Secretary and Treasurer, C. M. Koones; Chief Engineer and Superintendent, D. S. Carll. General office, Washington. —V 66, p. p. 38.
CITY &
SUBURBAN
RAIL^VAY.-
Organization, Etc.— Chartered in July, 1898, by Act of Congress,
as successor of Eckington & Soldiers' Home Railway.
Purchased
Maryland & Washington franchise and also that of former Ool. &
Maryland from the District Line to Laurel.—V. 66, p. 1000. See also
full statement in V. 67, p. 370.
Stock
&
Bonds —
Stick. $1.75",000; par, $.50
Isr Mort $1,750,000, gold
(gl,000 ei.ch)
c'
Date. Interest. Outstand'g.
Maturity.
F-A $1,750,000
1898
5g.F-A
1,500,000 Aug. 1, 1948
Trust & Guar Co., Trustee.
Bonds, Etc.— The bonds have a sinking fund of $25,000 yearly
from any surplus remaining after payment of 6 per cent on the stock,
but cannot be called. Interest has been deposited -with the trustee
covering the period of construction, iucludiag change of motive power.
Road— Owns and operates about 30 86 miles of track. To be extended at once northwardly Irom district line through suburbs of
Washington, etc., to Berwyn, Md. Also projected from Borwyn to
Laurel. The underground trolley will be in use in the city and the
overhead trolley on the suburban lines.
Officers— President, Thomas J. Hay ward; Sec., Dana Stevens}
Treas., S. C. Cooper.— V. 67, p. 74. 370, 633; V. 6-, p. 1027.
,
EARMINQS.-For the year ending July 1, 1900, gross earnings of the
railway and lighting properties combined are estimated
at $2,300 000
and the net eimings at $1,150,000. latere t on the bo
.ds of' the'sub"
sldiary companies is calculated at $347 480 and
on the traction com*
pany bonds at $540,000. i;arniugs iu following years are
expected
AVASHINGTON
>
i
Int. at Bait.
V/ASHINGTON ALEXANDRIA & MOUNT
VERNON ELECTRIC RY.-See Alexandria, Va.
\^'ASHINQTON ARLINGTON & FALLS
CHURCH
RY.-A
troUcy road.
Chartered 1894-6-8 as the successor of the Washington & Arlington
Ry. Stock, $100,000; bonds, $100,000 Ist Os, gold. Int. J&J. Owns
Aqueduct Bridge to Fort Myor, Arlington National Cemetery and
Washington. 2^ miles; also to Falls Church. Va.. 619 miles; total, 9
miles.
Standard gauge and steam RR. track. Extensions to Weet
Falls Church and to Columbia pike in progress In Jan., 1899. Pres.,
C. S. Ilinchniau; Sec.-Treas. and Man., R. II. Phillips.
:
STREET RAILWAYS.
90
^VASHINGTON & GLEN ECHO RR.-
ROAD— Owns
John
Cabin
5^3 miles of double (11 miles single) track, from
Bridge to Chevy Chase Circle in District of Columbia.
&
Stock
Bonds—
Stock (par $50)
Ist mortgage, gold
Date.
interest.
1896
6g.J-D
c*
Maturity.
Amount.
$250,000
200,000 June 1, 1916
&
Interest at Washington L.
T. Co. (D. C), trustee, also at Stahl &
Straub, Philadelphia —V. 63, p. 716. President, Gustav Stalil, Philadelphia; Sec, and Treas., W. Staelin Stahl.
AVASHINGTON & UNIVERSITY
W^EBB CITY, MO.
1880 was
SOUTHWEST MISSOURI ELECTRIC
Population 1890 was 5,043
;
in
1,588.
RAILWAY.-A troUey road.
Organization, Etc.— a consolidation on August 21, 1896, of the
South M. Elec. RR., Jasper County Electric and Joplin & Galena Electric Ry. In 1898 the company reported population of places along its
route as 51,600. In Oct., 1898, control passed into the hands of
Joplin and Harrisburg, Pa., capitalists.
Date, interest. Outstand'g.
Stock
Bonds—
Stock, $650,000, auth
$650,000
&
RR.-Trolley.
Organization— Chartered in 1898 by Act of Congi-ess to construct
a road from Washington past the American Univtrsity to the District
line. To be double-tracked, 3 miles in length. Si.ic per cent bonds
to the amount of $175,000 are to be issued. President, F. C. Kennedy;
Treas., J. D. Croissant; Sec, D. D. Stone.
Maturity.
Mortgages—
Webb
City, Car-) 1893 6g. M-S
$200,000 Mar. 1, 1913
>Suliject to call after Mar. 1. 1903. Interest
$200,000, g., $500. . . .c* > at Central Trust Co., trustee, N. Y. City
1896 tg. J-J
$120,000 July 1,1926
f
Joplin & Galena Elec RR. Subject to call after July 1, 1903. Trustees.
J
Joplin to Galena, gold.
Central Trust Co., N. Y., and Mississippi
Valley Trust Co., St. Louis.
$180,000 July 1, 1926
Cartervilleto
Carterville to rnrthflo-P
Carthage . 5 18^6 6g. .T-J
J gubject to call after July 1, 1903.
Joplin to
terville
and Prosperity,
)
(,
MTATERBURY CONN.
Road— Operates 33 miles of track counectiiig Joplin, Webb City
Carterville, Carthage, Prosperity and Galena, Mo.
Earnings -For year ending August 31, 1898 : Gross receipts, $115,"
Population 1890 was 28,646; in 1880 was 17,806; in 1870 was
10.826, AND IN 1893 (ESTIMATED) WAS ABODT 40,0ll0.
^WATERBURY TRACTION.—A trolley road.
acquired by the Connecticut Lighting & Power Co.— See
V. 68, p. 1132.
Organization— Organized in 1893, a consolidation of the Connecticut Electric Co. and the Waterbury Horse RR. Co. Franchise perpetual.
interest. Outstand'g.
Date,
Maturity.
Stock
Bonds—
Stock, $1,000,000 ($100)
Text. Q-.T $600,000
Seetext.
Ist mort., $800,000, gold (1893 5 g. M - N
Nov. 1, 1923
600,000
Tax exempt in Connecti't ^ Sub. to call at 104 and int. aft. Nov. 1, 1898
($100 etc)
(Trustee, Treasurer 8i ate of Connecticut.
Bonds— T\ie mortgage has a first lien on all property and franchises of
the company, including electric-light plant. The $200,000 of bonds
unissued may be used for future extensions.
Dividends—In 1896, July, 1 p. c; Oct.. 1 p. c. In 1897, Jan., 1 p. c;
Apr., 1 p. c July, 1 p. c; in 1898, Apr., 1 p. c; July, 1 p. c; Oct., 1 p. c;
Has
l)een
050; net after deducting taxes and interest, $13,120.
Officers—President and Treasurer, A. H. Rogers, Joplin, Mo.; Secretary, A. G. Knisely, of Harrisburg, Pa —V. 67, p. 843.
V^^EST
&
;
in Apr., '99, 1 p.
c.
Oct., 189 ^, was operating 13-04 miles of road with
14-86 miles of track extending through the city of Waterbury to Union
City, the borough of Naugatuck, etc. Rails are 60 and 70-lbs. In Jan.,
1899, extension to Beacon Falls proposed.
Earnings (including results on Electric Light Plant).
Gross.
Net.
Sur. over Ohgs.
5 months
51898-9
$116,517
$4tt,646
$30,698
Oct. 1 to Feb. 28. \ 1897-8.
111,500
49,092
30,835
Annual Report— For years ending Sept 30:
Road, Etc.— in
Gross.
/
Railway
Electric lights
1897.
$170,539
105,106
$145,114
106,179
$275,645
$251,293
Dividends
Balance, surplus
1897.
47,588
$58,964
50,447
$122,197
$42,123
24,000
$109,411
$37,285
24,000
$56,074
$48,126
Plume; Secretary, A. M. Young
R. Smith; General Manager, J. E. Sewell.
Officers— President, D.
8.
SUPERIOR' RAPID TRANSIT RY.- A trolley road.
A perpetual right of way over all streets in the
held and owned by the company in fee simple.
Receivership—On Jan. 28, 1896, 8. T. Norveland F. W. Oakley were
appointed receivers.— V. 62, p. 234, 279.
Stock
Bonds— Mites. Date. Intrest. Outstand'g. Maturity.
Stock
$1,000,000
1st M., $650,000, g., 5
24
1892 6g. F-A
$250,000 Aug.l, 1912
$1,000 s.f., Ser.A.c* ( Subject to call at 102 and interest Aug. 1, 1902
Organization-
heart of the city
is
&
2d mortgage
(?)
Interest on second mortgage went to default. See V. 62, p. 279.
Mortgage Under the mortgage. Series B and
($200,000 each) are
co-equaUy secured with Series A. Sinking fund ranges from $5,000
Dec. 31, 1893, to $20,416 Aug. 1, 1912, inclusive, which amounts are
to be annually turned over to the trustee. Operates 26 miles of track.
Earnings- For calendar year 1897 gross earnings were $92,370.
Officers— President and General M-^nager, S. T. Norvell; Secretary
and Treasurer, G. Chadwick.— V. 62, p. 234, 279.
—
V/ESTV/OOD, MASS.
NORFOLK WESTERN STREET RAILWAY
—An electric road.
Line opened in 1899. Runs between Dedham. Westwood and Med9 miles. Franchise granted for an extension from Medtield to
Franklin, giving a trackage of 23 miles. Gen. office, Westwood., Mass
fldld,
Ti-eaa-
;
•WESTERLY,
R.
Population of town 1890 was 6,813
^VATERTOWN,
Population
in
N.
AND
Y.
Stock
to Watertown & Brownville
Ry. foreclosed. 7 miles of troUey. Stock, $65,000. Pres., Julius A
Lebkuecher, Newark, N. J.; Treas., B. B. Taggart, of Watertown.
Organization—Successor in Dec, 1897.
^VATERVILLE, ME.
WATERVILLE & FAIRFIELD RY. & LIGHT
Organization- In December, 1897, the stockholders agreed
to give
shall he
he hondholders the right for five years, or until the company
In a position to meet all its fixed charges, to elect a majority of the
board of directors, the bondholders, in turn having exchanged their
$200,000 of 6 per cent bonds for a like amount of 20-year 58.
Date,
Stock (par $100) ($200,000)
Prior lien bonds
Coneol mortgage
morteaee
M)n80L
1897
^
^
^^^'^
interest. Outstand'g. Lastdiv., etc.
$200,000
40,000
200,000
M-N
5 M-N
5
American
(I
May 1, 1937
May 1,1937
& T., Bo.ston,
L.
trustee.
4-43 miles of trolley between Fairfield and Watervllle, and furnishes light and power for miscellaneous purposes.
Earnings— For years ending June 30 as follows
Gross Railway Railway Gross Lt. Ket LI.
Total
Net inc.
tiet.
<f. Power,
<^ Power.
of Ry. op.exp.
inc.
after int.
1898.. .$20,208 $13,321 $6,887 $20,021 $9,152 $6,41<? $40 229
189 7... 19,121
16,298
2,823
(?)
(?)
(?)
(1)
Officers— President, I. C. Libby, Waterville, Me.—V. 65, p. 1027.
Road— Operates
V/AVERLEY,
Population 1890 was
N. Y.
2,270.
V/AVERLEY SAYRE & ATHENS TRACTI ON CO.— A trolley road.
stock,
Organization- Incorporated
in
1893;
WAS
$200,000; 1st
morf
gage, $200,000, 6s, J & J, due Jan. 1,1925; $150,000 issued June 30,
1897. Operates 6 miles of track. Year 1897-98, gross, $10,747; operexp. and taxes, $6,554; net, $4,193; int., $2,250; surp., $1,943.
President, A. N. Broadhead; Sec. and Treas., A. C. Wade.
I.
in 1880
4,709.
;
was
6,104
RY—A
ST-
trolley road.
Outstand'g.
Maturity.
interest.
$75 000
(?)
1914
M-N
100,000
5
Tr.(mort.
tr'stee).
Boston
at
Am.
L.
&
j jjj^ in
Road— Operates 6 miles of track laid with 90-lb. and 50-lb. T rails In
Westerly, R. I., and suburbs, extending to Watoh HiU.
Earnings- Year 1898, gross, $16,138; net, $3,287; interest, $5,362.
Officers— President, William Hoxsey; Sec and Treas., E. P. 8haw»
Jr.; Gen. Man., E. P. Shaw, Jr., 53 State St., Boston.
1894
W^HEELING,
Population 1890 was 7,107; in 1880 was 4,672;
and in 1870 was 4.852.
Bonds—
& Bonds—
Stock, $75,000, $100 par
^5
1 < ^,
„«i^ ..c
Ist M., imAAAA
$100,000, gold
St.
&
IN 1870
PAWCATUCK VALLEY
Date,
1890 was 14,725; in 1830 was 10,697;
in 1870 WAS 9.336.
BLACK RIVER TRACTION CO-TroUey.
Stock
V/IS.
.
1898
$74,609
Interest and taxes
arer, J.
Net.
,
1898.
SUPERIOR,
Population of Superior 1890 m'as 11,983.
Population in
1890 was
AND
\V.
34,522; in
IN 1870
was
VA.
1880 was 30,737;
19,280.
RAILWAY—A
WHEELING
Reorganized
1892. Franchise
trolley road.
is perpetual. Comin
Organization—
pany owns nineteen-twentieths of the capital stock of the (ZStizens'
Street Railway Company, and leases same for 99 years. The total pop-
ulation served, including WTieeling, Bridgeport, Martin's Ferry, Bellaire and Benwood, is said to be about 75,000. In October, 1898, the
Bellaire Bridgeport & Martin's Ferry Ry. was reported to have been
purchased and new stock ani beads rumored —V. 67, p. 802. From
May to July, 1899, company was suffdring from a strike of its employes.
Bonds— Par. Date. interest. Outstand'g. Last div.iSc.
Stock
See below. $700,000 In '97, 41^2%
Stock, par $100, f.p
- S
1912
500,000
1892 6 g.
Ist mge., $500,000, ) 1,000
Kold, $1,000.... c* 5 Interest at Central Trust Co., trustee, N. Y. City.
(?)
1898
2d M., $200,000
Dividends.— In 1894 1 p. c; in 1895. 2; in 1896, 4V, in 1897, 413.
Road.— Operates 19 miles of track in Wheeling and suburbs, its lines
extending to Bridgeport, Benwood and Martin's Ferry. In Sept., 1898'
&
M
extension of loop, 1 mile, to the fair grounds completed, and another
extension of liio miles in Martin's Ferry under construction.
Earnings— Jan. 1 to Nov. 30 (11 months), gross, $173,029 in 1898,
$152,366 in 1897. For year ending Dec. 31, 1897, gross, $170,318; net,
$76,732; interest and taxes, $32,508; dividends, $31,500.
Officers.— President, T H. Conderman; Sec. and Treas., W. A.
Shirley. |ndex-V. 62, p. '279; V. 67, p. 647, 802.
MOUNDSVILLEroad.BENV^OOD & WHEEL-
ING RY.—A trolley
Organization- Opened in Deo., 1896, from Moundsville to Benwood, 9 miles of track, connecting at Benwood with Wlieeling Ry.
STREET KAILWArS.
91
^A/'ILMINGTON, N.
Receiver was appointed and property reaold to original owners and
reorganized under the old name. Stock, +250,000; bonds, $1C0,( 00President, J. A. Miller See. and Gen. Man.. Alfred PauU.
Population 1890 was 20,056;
and
;
"WHEELING & ELM GROVE RR.-A trolley road.
Organization— Owns from Wheeling to Elm Grove, T'a miles, of
which 6 miles double and l^g miles single track One mile double
track to be added to connect with Wheeling Suburban Ry., whose
2- mile single-track road from Elm Grove to Triadelphia is operated
and bonds guaranteed.
Stock, ip67,800 common and $160,200 preferred. In January, 1898, issued mortgage tor $225,000 of 5 per cent
bonds, redeemable in 10 to 30 years proceeds for double track and
extensions. Motive power changed from steam to electricity, and new
power house built in 1898. President, A. Reymann.— V. 66, p. 185.
;
Organization- Chartered Feb.
Stock
Common
&
Bonds—
stock
1st pref. 6 p. c. cum..
2dpref. 6 p. c. cum...
—
&
.
,
Par. Date. Interest.
$100
100
100
6gA-0
^
^VINSTON,
"WINSTON-SALEM RAIL"W AY & ELECTRIC
—A trolley road.
Combined population
of
Winston and Salem
in
1897
stated at about 15,000.
Organization, Etc.— incorporated in 1891 for 90 years.
Stock
&
Date, interest. Oulsianding. Maturity
Bonds
Stock ($300,000) ($100)
ist M. ($250,000) gold ($1,000)
Road— Owns 8%
$150,000
j
IfJ^ gte^te'^Tmst Jo^.ftrus., N. Y^Clty.
]
miles of track, and also operates 100 arc and 2,500
incandescent lights.
Officers— President and Gen.
Broad
St.,
Manag
r,
F. A. Barr.
Office,
44
N. Y. City.
R.
I.
"WOONSOCKET STREET RAIL"WAY-
WILKESBARRE & MTYOMING VALLEY
Co." under
Philadelphia.
"WILKESBARRE DALLAS & HARVEY'S
&
p
p
p
Apr.
Population 1890 was 20,830; in 1880 was 16,050;
AND IN 1870 WAS 11.527.
Population 1890 was 37,718; in 1880 was 23,339;
and in 1870 was 10.174.
"United Power
Outstanding. Maturity
$100,000 f.
40,000 f.
60,000 f.
150,000
N. C.
^VOONSOCKET,
LAKE RY—See
1937,
;
^VILKESBARRE, PA.
TRACTION.— See "United Power & Transportation
till
city.
Population 1890 was 8,018 in 1880 was 2,854
AND IN 1870 was 443.
trollev road
erty of Wichita Electric Ry. & L. Co. Has contract for city lighting.
Charter was renewed in October, 1898, on condition that entire line be
rebuilt by April, 1899, but work not completed then and City Council
declared the company's bond for $10,000 forfeited.
interest. Outstanding.
Date,
Maturity.
Stock
Bonds
Stock $500,000, par $100
$500,000
1st M., $500,000 ($1,000) 1897
5 g. M-N
(})
Nov. 1, '17
gold
8. f c* J
Int. at M ass. L. & T. Co. Boston, trustee.
Road— Owns 23 nojles of trolley track in Wichita, Kansas.
Officers— President, H. B. Church, Boston, Mass.; Vice Pres. and
Gen. Man., W. Q. Church.
Franchise runs
10, 1887.
1, 1920
^^^^
^^^
Mort goia
eold !t)iou,uuu.c
$150 000 c? Trustee,
Mort.
State Trust Co., New York City.
^
Road— Owns 4-78 miles of trolley road and li^ miles of steam road.
Re PORT- Year 1898, gross, .$47,250; net, $16,114.
Officers— President, H. A. Whiting; Sec. and Treas., J. W. Martenls.
1880 was 4,911.
and lighting plant.
Organ zat ion— Chartered July 3, 1897, and purchased the prop-
13,446.
and gives exclusive rights to operate street railways in the
RAILWAY LIGHT & POWER-
"WICHITA
—A
in
WAS
C.
1880 was 17,350;
"WILMINGTON STREET RY.-TroUey and steam road.
^VICHITA, KAN.
Population 1890 was 23.853;
in 1870
in
Organization— Incorporated June 4, 1886. Stock, $140,000; bond.".
^200,000; unfunded debt June 30, 1898, $145,693; 12-79 miles of track.
Earnings— For year ending June 30, 1898, gross, $55,547; net,
$13,008; interest, etc., $18,469; balance, deficit, $5,461.
Officers— President, Edgar K. Ray; Secretary, Willard Kent; Treasurer, Walter Whittlesey, Chelsea. Mass.
Tianfportation Co." under
Philadelphia.
^VORCESTER, MASS.
WILLIAMSPORT, PA.
Population in 1895 was 98,767; in 1890 was 84,655;
IN 1880 WAS 58,291; AND IN 1870 was 41,105.
Popclation 1890 WAS 27,132 in 1880 was 18,934
AND IN 1870 was 16,030.
;
"WORCESTER & BLACKSTONE VALLEY
STREET RY.— A trolley road.
VALLAMONT TRACTIONThis company
was formed May 15, 1894, under an
Vallamont Passenger Railway Company, the Junction Passenger Railway Company, the Centre & West
End Passenger Railway Company and the Citizens' Passenger Railway
Company. Operates the South Side Passenger Ry. Co.; stock, $25,000.
Stock & Bonds— June 30, '98.
Miles
Road—
stock {Val. Trac.)
$101,700 Owns (65 lb. rails)
3-6
Current liabilities
1-8
25,293 Leases S. S. P. Ry
South Side bonds, 68
25,000
Officers— Pres., J. By. Cochran;
Bonds (30-year 68)
100,000 Sec. and Gen. Man., E. H. Davis.
Earnings—Year ending June 30, 1899, gross (both roads), $23,455;
net, .$4,540
int. and taxes, $8,977. In 1896-7, gross, $25,217.
OrQANIZATION—
agreement
for consolidating the
;
Organization— Owns 7-12 miles of trolley. Opered Aug. 14, 1897
Road located in Millbury, Sutton, Grafton and Northbridge. Capital
stock, $60,000; bonds, none. In February, 1898, Worcester & Suburto operate the line until June 1, 1900, operating
ban Street Ry. agreed
expenses to be borne equally by both companies.
Worcester, it was reported, would be built in 1899.
Stock
&
Bonds— June 30, '98.
68, due June 1,
Bills payable
$338,550
11,500
1922
1^:9,000
12,897
Dividends Jan., 1893, 2
1893-94, 6 p. c; none since.
Road Owned— 8
p.
c;
end. June 30,
1897-98. 1896 -97.
ORGANIZATION.— Constructed in 1898. Stock, $150,000; all paid in.
In Dec, 18^ 8, obtained permission from Mass., RR. Commissioners to
Issue $115,000 5 per cent 20-year gold bouds. President, Alex. S.
Patou; Seci'etary and Treasurer, W. R. Dame.
$69,192 $68,146
16,562
13,444
2,290
1,633
Interest
10,575
9,9^7
Bal'ce, surplus.
3,694
1,814
Net
Taxes
miles; 90-lb. rails.
Officers— President, H.
C.
Parsons; Secretary and Treasurer,
J. F.
Starr; General Manager, E. H. Davis. Williamsport, Pa.
AVILMINGTON, DEL.
Population 1890 was 61,431; in 1880 was 42,478
AND IN 1870 WAS 30.841.
Organization— Operated from Dec. 8, 1898. Wilmington to Brandywine Springs, a pleasure resort, to be opened in the summer of 1899, a
distance of 6 miles. The Wilmington & Elsemere Electric Ry. also
passed into the hands of the ^ame owners on Dec. 8, 1898, and it was
reported that a syndicate which contemplated building a trolley line
from Philadelphia lo Baltimore was endeavoring to obtain control or
purchase the properties. President, R. W. Crooks.BrandywineSprings.
"WILMINGTON CITY RAIL"WAY-3ee
Wilming-
ton & CUB.STER Traction.
"WILMINGTON & CHESTER TRACTION-See
&
Transportation Co." under Philadelphia.
"WILMINGTON & NE\VCASTLE ELEC. RY.—
Stock
&
Bonds
Date
Stock
l.stM.,$150.000,eold. $2,-5 1896
interest.
OulHtand'g.
Maturity.
$150,000
.5g. F-A
150,000 Aug.1,1926
000 an., $.500 &$ 1,000.0' \ Interest at Real Estate Trust Co., Phila.
Operates trolley road about 8 miles long.
Pre?., F. H. Treat
Vlce-Pres., P. I.. Cooper, Jr.; Sec. and Treas., C.
;
P. King.
Organization— Owns 17 miles of
ST.
RY.-
trolley track in Worcester, Shrews-
bury, Northborough, Westborough and Marlborough. Line opened
30, 1897. Stock, $200,000. Bonds, $200,000, are 1st mortgage
20- year irold 5s, dated Oct. 1, 1897; Araer. Loan & Trust Co., trustee.
Permission was granted in Deo., 1898, to increase ^-apital stock to
$245,000, to pay floating debt. On Feb. 1, 1899, a dividend of 3 per
cent was paid, but none in August. In 1897-98, gross, $65,643; net,
$22,855; interest and taxes, $13,931; dlv., 6 p. c, $12,000; def for
year. $3,077. Pres't, G. H. Whitcomb; Treas's, 8. Reed Anthony, 53
State Street, Boston.
June
A
"WILMINGTON & BRANDY"WINE SPRINGS
ELECTRIC RY- A trolley road.
"United Power
"WORCESTER & MARLBOROUGH
Earnings- Year
Gross
to
"WORCESTER & CLINTON STREET RY--
WILLIAMSPORT PASSENGER RY.—Trolley.
Stock ($600,000)
6s, due May 1, 1911
An extension
"WORCESTER & SUBURBAN STREET RY.trolley road.
Organization— Chartered in 1894 and absorbed the Worcester Leicester
Spencer and the Worcester & Millbury companies.
Date. Interest. Ontstand'g. Maturity, etc.
StocKi Bonds, Etc.—
<fe
Stock, $550,000 ($100)
let M., $200,000,g. ($500) c*
red. at 104 aft. May 1,1900
^
s
1895
5
g.
M-N
$542,500
200,000
See text.
May
Current liabilities Oct. 1, 1898, $101 ,098.
Dividends— 1894:-5, 3 p. c; in 1895-6, 4 p. c; in 1896-7. 4ia
1897-8, 4 p.
1,
1915
Int. at International Trust, Boston.
p. c; in
c.
Road— Owns Worcester to Millbury, 8 miles track; Worcester via
Leicester to Spencer, 15 miles track; operates Worcester & Blackstone
Valley Street Ry., 5"3 miles, under an agreement expiring June 1,
1900. An exteni-ion of the latter to Worcester, it was said, would be
built In the spring of 1899.
Earnings— For year ending Sept. 30, 1898, gross, $154,367; net,
$49,824; interest, taxes, etc., .$30,271; dividend (4 per et), $21,700;
balance, deficit. $2,147; 1896-7, gross, $144,758; net, $45,032; interest, taxes, etc., $26,082; balance, surplus for year, $18,950.
Officers— President and Gen. Man., camuel E. Winslow; Secretary
and Treasurer T. T. Robin.son.— V. 60, p. 481.
"WORCESTER TRACTION-A trolley road.
in 1893 and purchased the entire capital
stock of the Consolidated Street Ry Co. of Worcester, consisting of 31 ^a
miles of track laid with 85-pound steel.
Organization— Organized
)
;
STREET
92
Stock and Bonds—
I'ar.
YORK, PA.
MaturUy
Ontsiandhiff.
Tnlerest.
RAILWAYS
$3,000,ooo
None paid
2,000,000 Auff.l,'9H.3%
6 F-A
Preferred stock ouuiudiv. on 3 moa. notice.
lative
S R«d. at 105 and accrued
Debentures of Ry. Co. guaranteed— see Worcester Consol. St. Ry.
Officers— President, T. O. Barr; Vice-President, C. H. Clark, Jr.;
Treasurer, E. J. Moore.
Common stock
(1)
WORCESTER CONSOLIDATED STREET RY.— A trolley road
18(i9. Capital stock all owned by the
Worcester Traction Co., which guarantees principal and interest of the
debentures. The road is now fully equipped electrically.
interest. Otitstan'ing.Matur'y.iic
Date.
Bonds.—
Stock
Text.
$700,000
Text.
Capital stock, $100
1907
150,000
5
1st mort. bonds
Feb.
500,000
1, 1914
1894
5 g. F-A.
Debentures, gold
c* )
To.
Traction
Worcester
Subject to call at 102*2 S (hiaranteed p.*i. by
$-1,500 On demand
Real estate mortgages
5
13,400
Float, debt (net) Oct. 1.'98
Since to 1899.
Dividends.— ) For 1891-92. 1892-93. 1893-94.
3>2
10
8 p. o. per an.
Percent
4
j
Road— On Sept. 30, 1898, was operating 43-77 miles of track in
Worcester and vicinity, of which 33-89 miles was owned, 933 miles
leased and -55 of a mile trackase. Leases the Worcester & Shrewsbury
Street Ry., etc., 4-2 miles. Rails 85 pounds steel. Extension through
MlUbury to Grafton, 10 miles, was to be completed by Deo. 1, 1898.
Annual Report— For years ending Sept. 30 earnings have been:
1898.
1897.
1897.
1898.
Organization- Incorporated
&
I
Gross eamg's. $537,873 $508,856
Neteamings.. 143,620
123,041
72,3V4
Int., taxes, etc.
66,674
(2)
I
I
$56,000 $56,000
367
Bal.,8ur. for year 15,296
Dividends
NORTH END STREET RY.— A trolley road.
$100). First niortgasre, $75,000, 1895, due Feb. 1, 1915; Int. at 5 p. c.,
F. & A. Dirirfends- In '95-6 265 p. c.; '96-7, 312 p. c; '97-8, S^a p. c.
IN
32.033; in 1880 was 18,892;
1870 WAS 18.357.
|
I
I
;
YOUNGSTO\VN, OHIO.
Population 1890 was 33.220; in 1880 was 15.435;
AND in 1870 WAS 8.075.
MAHONINO VALLEY
Sept., 1898, sold to the
RY.-A trolley road.
Organization— Organized as Youngstown Street RR. Dec. 10, 1873,
and consolidated with the Mahoning Valley Ry. December 1, 1896. On
1899, acquired the Mineral Ridge & Niles Electric Street Ry.
Outstand'g.
Maturity.
interest.
Date.
Bonds—
Stock
$1,500,000
May
Youngftown Street Ry. ( 1891
6g. M-N
300,000
1, 1911
1st mortg'e, $300,000, ]
Subject to call at par after May 1, 1901
gold
c'lfer ( Interest at Central Tr. Co., trustee, N. Y. City.
Mah.Val.Elec. mortg'e, 5 1897
July 1, 1917
5 J-J
600.000
c Trustee, Central Trust, New York.
$1,200,000 gold
The mortgage of 1897 provides for refunding and for improvements
and extension to Niles.
Road The new company operates about 26 miles of track.
Officers— Secretary, J. E. McVey; Treasurer and General Manager
A. A. Anderson.— V. 63, p. 924; V. 64, p. 83.
1,
&
trolley road.
Union Ry which guarantees $1,000,000 bonds, principal and interest, this guaranty being
accepted by the Third Ave. RR. See New York.— V. 67, p. 635.
Date.
interest.
(hUstand'g. Maturity.
Stock
Bonds—
Stock, $1,000,000 ($100'
$1,000,000
let mtge., $1,000,000, gu. 1896
5 A-O
1,000.000 Apr. 1, 1946
Road— Owns 10 miles of track, main line; second track, h mile;
sidings. A3 mile; total. 11 miles. In Oct., 1898, it was reported that
the road would be double-tracked at once.
Annual Report— Fiscal year ends June 30.
Tr. end. June 30. 18P8.
1897.
1898.
1897
Gross earnlngs.$l 15,851 $104,671 Interest
$30,000
? os^Pt ooc
^*rf5,98b
Net
37,268
24,305 Taxes
^'^^^
Other Income...
Balance
417
8r.l,699 df.10,322
-V. 62, p. 462, 644; V. 63, p. 658; V. 65. p. 51 6; V. 67, p. 635.
Organization— In
:
—
N. Y.
YONKERS RATLROAD.-A
trolley road.
I
Stock
Lease— In 1895 leased to Worcester Consol. Street Ry. for 99 years
Rental now $8,000 yearly. V. 61, p. 518.
Road, Etc.— Owns 513 miles of track. Capital stock. $110,000 (par
AND
YORK STREET RAI LMT A Y-A
Entire ovehead equipment owned and power supplied by the York
Light Heat & Power C J.— See V. 68. p. 1184.
Outslanding.
Date,
Last Div., etc.
interest.
Stock Etc.—
Stock $200,000 ($50)
$165,800f.p.
(See text)
Ist mortgage
137,'. 00
1896
1926
5
i)mrfewd.«.— 1895 96 about 4 p. c.; 1896 97, 3 p. c.; 1897-98, 2^ p. o.
Road— Operates 11 14 miles of track, laid with 45 and 70 lb. rails.
Earnings— For years ending June 30
1898.
1898.
1897.
1897.
Gross
$55,842 $51,268 Interest & taxe8.$8,058
$9,482
Other income....
4,161
795
1,130 Dividends
4,994
Net
sur. 3,961 def.4,»95
16,180
9,581 Balance
Officers— President, W. H. Lanius Vice-President, D. K. Trimmer; Secretary. G S. Schmidt; Treasurer. Chas. H. Mayor.
April
|
YONKERS,
Population 1890 was
POPHLATION 1890 WAS 20,793: in 1880 was 13,940;
AND IN 1870 WAS 11,003.
ZANESVILLE, OHIO.
,
&
1
Population 1890 was .s1,009; in 1880 was 18,113;
AND IN 1870 was 10,011.
ZANESVILLE ELECTRIC RY. CO.Organization— Organized Jan. 3. 1899, as successor of the ZanesRR foreclosed and sold Jan. 3, 1899.— V. 68, p. 41, 87.
Date.
int.
Oulstand'g.
Maturity.
Stock & Bonds—
ville Street
,
Stock, $300,000
IstM.. $250,000, gold, sub.
^
1899 4g.
F-A.
$300,000
250,000 Feb.
1,
1919
to call aft.5 yrs ,$1,000 ea. s Int. at Int. Trust Co., Boston, trustee.
Road— Operates 10 miles trolley on 8 miles of street.
|
1
|
Officers—President, Thomas T. Robinson; Vice-President, John M,
Graham; Sec. and Gen. Mgr., Charles W. Fort; Treasurer, Wm. B. Cosgrove —V. 68,
ABBREVIATIONS.
p. 41, f 7.
Etc.
The terms and abbreviations employed in this Supplement are explained
" STOCK & BONDS" —Under these words are shown—
in the following
:
STOCK"—The amount of stock authorized immediately follows the word " stock", and against this is the par value of single shares, viz.:
" Stock, $200,000—$100", means stock, total issue authorized by charter or by act of legislature, $200,000, divided into shares of $100 each
" t. p." following the amount given as outstanding means " full paid."
" Pref." means " preferred stock." " Pref. 6 p. c. cum." means preferred stock entitled to dividends of 6 per cent per annum, such dividends
If not paid accumulating, all dividends due and unpaid to be paid in full for each and every year before
the common stock receives anything.
" Pref. 6 p. c. noji-cum." means simply that the stock is entitled to 6 per cent per annum if enrned, but that if unearned in any year the dividend
for that year will not be paid subsequently.
"
BONDS"— "Mort." or "M." means mortgage.
" Consol." or " con. M." means consolidated mortgage. "Gen. M." means general mort
The amount next following is the total authorized amount that can be issued under the mortgage. The word " gold" is usually spelled
out, but in some instances is contracted to " g," while " cur." means currency.
"Conv." means convertible into stock. " S. f." means sinking fund. " c." means coupon "0.*" means coupon but may be registered as
to principal; and "c.*&r." means that registered certificates without coupons as well as coupon bonds are outstanding. The letters "p. m."
mean per mile, so $15,000 p. m. means that the issue of bonds is restricted to $15,000 for each mile of track. " Guar." means guaranteed, and
"guar. p. A 1. (end.) " means guaranteed as to principal and interest, the guaranty being endorsed on each bond.
" DATE"—The date of issue on the face of the bonds is indicated under the word " date."
" INTEREST"— Under this heading is given the rate per cent yearly of the interest payable on the bonds or (if guaranteed) of the dividend
payable on the stock; also the months when the interest or dividend is payable, thus, " 6 J - J " means 6 per cent per annum payable January
•ndJuly; correspondingly, "F-A" is used to mean February and August; "M-S"means March and September, and so on, while "Q- J'
means quarterly beginning in January and "Q-F" quarterly beginning in February. [The day when the interest payment is due can
generally be determined by noticing when the loans mature, the day of the month there given being In most cases the same as for one of the
gage.
;
Interest dates.
]
ROAD"— The
word "track" means in Street Railway parlance
means that each rail weighs 80 pounds to the yard.
80-lb. girder"
all track,
whether main
line, stding,
switch or second track.
"Ralls are
Index to Railways.
Page.
Bedford & Cleveland RR— See
Northern Ohio Traction
7
Akron <V Cuyahoga Falls Rapid Transit... 7
A kron Street RR.— See Akron Traction &
Akron
Electric
Akron S'rept
Ry. & Illuminating- See
Northern Ohio Traction
Akron Trac. <fe Elec— See Nor. Ohio Trac.
A'aneda Oakland & Piedmont— See Oakland Trannit Co
Alamo Heights
RR
7
7
7
66
82
Albany Helderburg & Schoharie Elec. Ry.. 7
Albany Ry
7
Albany & Hudson Ry. & Power
46
Algiers Gouldsboro & Gretna Ry
58
Allegheny & Bellevue—See Fed. St. & PI. V. 74
FAGE
Allegheny St.— See Federal St. & Pleas.Val. 74
AUesrheny Traction— -ee Cons'd Trac. Sys.. 74
Allenfn & Beth R. T.— See Allen. & h. V. T. 8
AUeutown & Lehigh Valley Traction
8
Alley Elevated. See South Side Elevated.. 30
Alton Improvement Ass'n— Set) Alton Ry.
& Illuminating
8
Alton Ry. Gas & Electric LlKht
8
Alton Hallway & Illuminating— See Alton
Ry. Gas & Electric Light
8
Altoona & Logan Valley Electric Ry
8
Ambler Elec— See Schuylkill V. Trac. Sys.. 65
American Railways Co
68
Amherst <te Sunderland St. Ry
8
Street RR
& Potomac River RR
Amsterdam
Anacostia
8
89
Page
Anderson Elec. St. Ry.—See Un. Trac. Co..
Ann Arbor & Ypsilantl Electric Ry
Annlston (Ala.) Electric Co
Arlington Heights Motor Ry
Asbury Park & Belmar Street Rv.— See Asbury Park & Sea Girt Electric RR
Asbury Park & Sea Girt Electric RR
Ry
Asheville Street
Ashland (Wis.) Light, Power
Ashtabula Rapid Transit
&
Street Ry...
Astoria (Ore.) Street Ry
Atchison Ky. Light & Power
Athens (GaJ Electric Ry
Athol & Orange Street Ry
Atlanta Consol. St. RR.— See Atlanta Ry.
&Power
4
9
9
9
8'>
9
9
9
9
9
9
9
10
10
10
INDEX TO RAILWAYS.
Pap b
Page.
Atlanta Eleo. Ry
Atlanta Railway
Atlanta R lilway & Powpr
Atlanta St. KR.— See Atlanta Consoli lated
Atlantic Ave. KR.— See Kroohlyu Rap. Tr..
Atlantic Coa.st Electric RR
Atlantic Highlands Red Bank & Long Br'cb
...
Auburn City Ry
Augusta (Me.) tf alio well & Gardiutr RR. ..
Augusta CGa.jRy. & Electric Co
Aurora & Ueneva— See Aurora Street Ry.
Aurora (III.) Street Ry
.
\V lie aton & Clii(agoRy
Austin Rapid Transit Ry
Aurora
Babylon RR
abylon
Baden &
& North Shore RR
Louis RR.— See I'nited
RvB. Co.
Ballston Temi'l RR. (Ballstou Spa, N. Y.)
Baltimore Catonsville ite Ellicott'a Mills
RR.— See United Rys. & Elec. Co
Baltimore Citv Passenger Railway— See
United Rys. & Elec. Co
Baltimore Consolidated Ry— See United
Rvs. iS Elec. Co
Bait. Middle Riv. & Sparrow's Pt. Eleo. Ry.
—See United Rys. & Electric Co
Baltimore & Northern Electric Ry.— See
United Rvs. & Electric Co
Baltimore Traction— See Unit. Rys. & Elec.
Baltimore & Wasliingtou Transit
St.
.
Bansor Hampden & Winterport Ry
Bangor Orono & Old Town Hy
BaiiKor Street Railway
10
10
10
10
20
51
51
10
U)
lo
12
12
24
12
12
12
80
12
12
12
12
12
12
12
89
14
14
14
14
14
14
14
Barre & Montpelier Traction & Power
Bath (Me.) Street Railway
Bay Cities Consolidated Railway
Beatrice (Neb.) Eleo. Co
14
Beaver Valley Traction
Bellaire Bridgeport (O.) &. Martin's Ferry
19
Street Ry...
Belle City Eleo. Co., Racine, Wis.— See Mil78
waukee Light. Heat & Tra tion
1."^
Belleville Electric Railway
Belleville A Newark See Newark Pass. Ry. 4 7
Belt Line Electric (Lexington, Ky.)— See
—
Luxmstton Rv
Belt Railway, the (Washington, D. C.)
Bennington & Hoosick Valley Ry
Bennlugton& Woodford Elec. Ry
Benton-Bellefontaine Ry See Un. Dep. RR.
Bergen County Traction
Beverly & Danvers (Maps. Elect. Cos.)
Biddeford & Saco Railroad
Binghamton Lest. & Union— See Bing. RR.
Blntfhamton Railroad
—
50
89
45
15
81
45
16
15
15
15
Birmingham KnoxvUle & AUentown Traction—See Pittsb. & Birmi ngham Tr
Birmingham Railway (fc Electric
75
.
Birmingham Ti-action
Black Rock & Salisbury Beach— See Haverhill & Ameshury
Black River Traction (Watertown. N Y.)..
Blanchard Avenue Passenger Railway
15
15
44
90
40
Bleecker Street & Fulton Ferry RK— See
Metropolitan St. Ry. S vstem
60
Bloomtluld Street— See Pittsburg Tr. Svs... 75
Bloomington City Rv— See Bloomington &
Normal Street Ry
15
Bloomington & Normal Street Rv
15
Boston & Chelsea See Lynn & Boston Srs. 17
Boston Consol. Street— See West End St. Ry. 16
Boston Elevated RR
15
Boston Milton & Brockton (Mass. Elec. Cos. 16
Boston & Revere Elec— See Lynn & Boston 17
Bowling Green Failway
19
Bra (dock & Turtle Creek Passenger Railway See UnitedTrai-tion
72
Braintree Street Railway (Mass. Elec. C< a ) 16
Bralntree & Weymouth Street Ry.— See So.
Siiore & Boston
lA
Bridgeport (Conn.) Traction
19
..
BrirtKewater VVhitmau <& Rockland St. Ry.
— See So. bhore & Bi'ston
18
Bridgeton & Millvllle Trac. (Bridge., N. J.). 19
Brit;antine Transportation Co. (formerly
Hrigantine Transit)
19
—
t
—
Brighlwood Ry
89
& PlainvlUe Tramway (Conn.)
19
4«
B'way & 7th Ave. RR— See Met. St. Ry. Sys. 60
Broadway Surf. RR— See B'y&7th Av^e.RR. 6u
Brockton Brldgewater & Taunton St. Ky.
(Mas.s, Elec. (Jos
16
Brockton & East Brldgewater 8t.Ry.(Ma88.
Bristol
Broai Ripple Traction
"..
)
Electric Cos.).
..
16
Brockton Street Ry (Mas.s. Elec Cos.)
16
Brooklyn Avenue Ry (Kausai* City)— See
Ct-ntral Electric of Kansas ity
48
Brooklyn Bath <fe West End RR.— See
Brooklyn Rapid Transit
20
Brooko u (;alile ('<).— Se>- United R«
20
City
Brooklyn
& Newtown RR.— See Coney
Brooklyn
<fe
21
Brooklyn City RR— See B'klynR.T
19
Brooklyn Cros.st'n RR.—See B'klyn Rap.Tr. 2"
Brooklyn Heights RR.— See H'klyn R. T
19
Brooklyn Newt'n .lainaica & Flushing RR.. 21
Brooklyn (Queens County <fe Suburban RR.—
See Brooklyn Rapid Transit
19
Brooklyn Rai>id Transit
I!)
Brooklyn (O.) St. RR.— See Clev. Eleo. Ry.. 31
Brooklyn Traction— See Nassau Electric. .. 21
Brooklyn Union Elevated.— See Brooklyn
Rapid Transit
20
Brunswick Traction
.57
Buffalo Hellevue <fe Lancaster Ry.— See International Traction
22
Buffalo Ea.Ht Sifle St. Ry— See'Intern. Trac. 22
Buffalo&LockportSt.Ry.— Sen Intern Trac. 22
Buffalo Hamburtc & Aurora Ry
22
Buffalo & Niagara Falls Electric Ry.— 'Jee
International Traction
22
Buffalo Ky.— See luternatioual Traction... 22
Buff. Ton. & Niag. Falls Eleo. RR.— See Interna tional Traction
22
Buffalo Traction— See Intern. Traf'tion
22
Buffalo & Williarasville Electric Ry
22
Burlington (Iowa) Ry. <fe Light Co
22
BurlmKton (Vt.) Tra< tion
22
Butt* Consolidated Ky
22
(
9J
Electric Ry
alals (Me.) Street Railway
California Street Cable
Calumet Electric St. Ry
Cairo
(111,)
Calvary Cemetery Greenpoint & Brooklyn Ry. See Brooklyn Rapid Transit
Cambriilge RR— SeeWesl EndSt.Ry., Boston
(;amdeu (ilouooster & WoodV)ury Ry
Caind(!U Horse RR
—
Camden
.V
Sul>url>an
Ry
tort* Suburban
16
23
23
58
23
45
23
23
23
41
Capital Traction
Carbondale <& Forest City Pass Ry, See
Carbondale Traction.
Carbondale Traction
Carpentersv. Elgin & Aur.— See El. City Ry.
Cass Avenue & Fair Grounds Ry— See
United Railways Co.
Catharine & Bainbridge Streets Ry— See
—
Union
20
2.-1
Canal &. Claiborne RR
Canandaigiia Elec. L. & RR
Canisieo Valley Ry.— See Hornellsvil e &
Canisteo Ry
Canton — Massillon Electric Ry
Canton St.— See Cauton-Massiilon Elec
Cape May Del. Ray & Se well's Point Elec. Ry
Capital Ry. (Frankfort, Ky.)— See Frank-
Tracition
Catoctin
23
23
83
24
& Myersvllle Elec— See Frederick
89
23
23
40
80
69
&Mid. Elec. Ry
41
Catskill Electric Ry
23
Cayadutta Electric
42
Cayuga Lake Eleo. Ry.—See Ithaca St. Ry.. 46
Cedar Rapids & Marion City Ry
24
Central Avenue Ry. (Oakland, Cal.)— See
Oakland Transit Co
Central Crosstown RR.— SeeMet.St.Ry.Sys.
Central Elec. (Lexington)— See Lex. Ry
Central Elec— See Sacramento Elec.G.<Si Ry.
Central Electric Ry. (Kansas)
Central Park North «fe East River RR.— See
Metropolitan St. Ry. System
Central Pass. Ry .— See Central Traction
Central Pass. Ry.— See Louisville Ry
Central Ry.— See United Rwys. & Elec. Co.
Central Ry. (Peoria, 111.)
Central Ry. & Electric (New Britain, Conn.)
Central Traction— See Cons'd Trac. Sys
Central Trac. (St. Louis, Mo.).— See United
66
60
50
7h
48
60
74
52
12
68
57
74
Railways Co
80
Central Traction— See Sioux City Traction. 85
Chagrin Falls & Eastern Electric Ry
31
Chambers St. & Grai d St. terry. See Met
St. Ry
59
Charles River Street— See West End St
16
Charleston City Ry— See Char. Consol. Ry.
Gas & Elec
24
Charleston & Seashore RR.— See Charl. Ry.
Gas & Electric
24
Charleston Consol. Ry. Gas & Elec
24
Charlotte Street Ry.— See Charlotte Elec.
Ry. Light & Power Co
24
Charlotte Electric Ry. Light & Power Co... 24
Chattanooga Electric Ry
24
Cliattanooga & Lookout Mountain RR
24
Chatt. <feNo. Side St. Rv.— See Signal Mt. Ry. 24
Chattanooga Rapid Transit
-ii
Chester Darby & Phila.— See Chester Trac. 73
Chester & Media Elec. Ry.— See ChesterTrac 73
Chester Street Ry.— See Chester Traction.
73
Chester Traction
73
Cliicago City Ry
25
Chicago City Ry Transit Co. — See Chicago
City Ry.
25
Chicago Consolidated Traction
25
Chicago Det. &Tol. RR. (Detroit, Mich.). .. 36
27
Chicago Electric Traction
ChicagoElec.Tran.— See Chicago Con. Trao. 2.'S
Chicago & Fox Lake Electric
27
ChiCHgo General Ky
27
Chicago & Harlem
30
Chicago Harlem & Batavia— See Suburban
City
City
Cify
City
City
Page.
34
76
79
Electric Ry. (Decatur, HI.)
Electric Ry (Port Huron, Mich.)
Electric Ry. (Rome, Ga.)
Park Transit
85
Pass.— See Altoona A Logan Val. El... 8
(;ity Railway (Dayton. Oliio)
34
City Ry (Ft. Worth, Tex.)
41
& Suburban—See Un. Rys. & Elect.
ity & Suburban RR.— See Memphis St. Ry.
City & Suburban Ry. (Portland, Ore.)
Ci y & Suburban RR. (Savannah. Ga.)
City & Siiburan Ry.. Wash., D C
City
Co. of Bait
12
54
76
84
89
City & Weit Portland Park .Motor
76
Cleveland Berea Llyria v Oberlin Ry
31
Cleve. & Beren Si. Ky— SeeCl. B. Ely &01). 31
Cleveland & Chagrin Falls Electric
31
Cleveland City Cable Ry.—See Clev. C. Ry. 31
Cleveland City Ry
31
Cleveland & Eastern RR
31
Cleveland Electric Ry
31
'
;
<te Elyria Elec— See Clev. B. E. & Ob.
Cleveland Medina & Southern
Cloveland Painesville & Eastern RR
Clifton Suspension Bridge See International Traction
Coalville Pass.- See Wilkesb. & W. Va. Tr..
Cohoes City Ry
Colfax Avenue Electric
Collins Park & Belt (Atlanta Ga.)
Colonial City Traction
Colorado Springs Rapid Transit
Columbia Construction Co. See Northwestern El., Chicago
Columbia, B.C., Elec. St. Ry. Light & Power
Cleve.
3
32
32
22
72
32
36
10
49
32
30
32
89
32
Co'umbia Railway
Columbus Central Ry., Columbus,
Columbus, O., Consolidated Street Ry.—
See Columbus Street Ry
32
Columbus & 9th Av. RR.—^ee Metropolitan
Street Ry
59
Columbus, Ga., RR
32
Columbus Railroad (Ohio)
32
Columbus, O., Street Ry
32
Commonwealth Avenue Street Ry
63
Compton Heights Union Depot <fe Merchants' Terminal Ry—See Lindell Ry. Sys. 80
Concord Street Ry
33
Ooney Island & Brooklyn RR
21
Conshohockeu Ry— See Schuylkill Valley
Traction System
65
Consolidated St. Ry. (Grand Rapids, Mich.) 43
Consolidated St. — see Portland (Ore.) Ry.. 76
Consolidated Traction of New Jersey
47
Consolidated Traction of Pittsburg, Pa
74
Continental Pass. Ry— See Union Traction.. 69
Cuming & Painted Post St. Ry
33
Cortland & Homer Traction
33
Corrigan Consolidated
St.
Ry— See
Metro-
politan Street Ry., Kansas City, Mo
Cottage City Street Ry
Council Bluffs Street Ry.— See Omaha
Council Bluffs
48
33
&
Ry & Bridge
67
59
Oescent City RR See New Orleans Tr
Cripple Creek District Ry.
33
Crosstown St. Ry.( Buffalo)— See Inter. Trae. 22
Crosstown St.—See Columbus Street
32
.
. .
RK. (Chic.)
30
Chicago & .Jefferson Urban Transit— See
Chicago Consol. Trac
25
Chicago & Milwaukee Electric
27
Chicago North Shore St.—See Chic. Consol.
Trat'
27
Chicago Pass. Ry.— See West ciiic". St. RrI! 29
Chicago & So. 8 de R. T.— See So. Side Elev. 2
Chicago Union Traction.
27
Chicago West Div. Ry — See W. Chic. St. RR. '.9
Chippewa Val, Elec. Ry. (Eau CI (ire. VVis.). 39
Christopher & 10th Streets RR.— See Met. St.
60
Ry System
Cicero & Harlem St. Ry See Chic* Harlem 30
—
Cicero A Proviso St. Ky
SeeCli. Con. Trac.
Cincinnati
Hamilton Electric St. Ry
(Jiucinnati Hamilton & uayton Traction,
(Dayton, O.)
Cincinnati Hamilton Middletown& Dayton
Street RR.— See Millcreek Valley RK.
Ciucin. & Miami Val. Trac. (Hamilton, O.)
iSi
2.5
31
34
31
43
Newport & Covington Ry
33
Cincinoati Street Ry
31
Citizens' Elcctri(^' L. & P. Co. of Delaware
County Sue United Power A Transport'n 71
(:!in(!innati
Ciiizen.s'Elec Ry. L. & P. Co. (Mansfield. O.) 53
Citizens' Eli'ctric street Ry.— Bee >ewbury-
port
& Amosbury
itizens'
Citizens'
Citizens'
,
Citizen.s'
"
...
62
Ry.— See
Ilarrisburg Trac... 44
Pass.— See Schuylkill Val. Tr. Sys. d^
Pass. Rv. (Pliila'.)— See Union ir.. 69
Pass. Ry— See Citizens' Trac
74
RR. (St. Louis)- See United Rail-
Citizens' Pass.
ways Co
—
Citizens' Ry. (Waco, Tex)
Citizens' Rapid Transit— See Na.shville Rv..
Citiztins' St. RR. (Initiaunpolis, Imi.)— See
Indianapolis
St.
RR
80
8»
56
Ry
33
33
Danville (III.) Gas, Electric Lt. & St. Ry.
34
Dartmouth & Westpo Pt St. Ky., New Bedford 57
Davenport & Rock Isl. Ry— See Tri-City Ry. 34
Dayton & Soldiers' Home RR—See City Ry. 34
Da\ ton Sprlngfleld & Urbana Elec. Ry
34
Dayton Spring Vail. & Wilmingfou Transit. 34
Dayton Traction
34
Dayton & Western Traction
34
Dayton (k Xenia Traction
34
Delaware County & Philadelphia Elect. By.
- See LTuited Power & T au.'^portation
71
Denver City Railroad
36
Denver City Tramway
36
Denver Consolidated Tramway
36
Denver Lakewood & Golden RR
36
Denver Tramway— See Denver City Tram.. 36
Derby Street Ry
36
Des Moines City Ry
36
Des Moines St. RR— See Des Moines City Ry. 36
Des Moines Suburban Ry— See Des M. City. 36
DetroitCity Ry.-See DetroitCitizL-nB'St,Ry. 36
sit
Danbury (Conn
)
& Bethel Street Ry
.
Detroit Citizens' Street Ry
Detruit Electric Ry
Detroit Fort Wayne A Belle Isle Ry
Detroit Lake Shore &. Mt CI mens Ry
Detroit <fe North western
Detroit <fe Poutiac Ry
Detroit Plymontii -« .Vorthvill- Ry
Detroit Ry.-t-ee D.^troit El-efric Ry
Detroit Roch ster rtomeo .v I a-ke Orion. ..
DetroitSub.Ry — See DetroitCJitizens'St.Ry.
uetroit Vpsiliiiiti A Ann Arbor Rv
Dighton Rock ParkCorpoiatioii— See Mass.
ElectrKi Cos..
Dichtoii Somerset & Swansea St. Ry. (Mass.
B'dway A Bat.— See Third Ave.
Dubuque Light & Traction
Sys. 61
38
38
39
66
42
75
DubiKiiie Street Ry
Duliith Street Ry
Dundee Place Car Line (Omaha, Neb.)
iV
16
17
Elect. Cos,)
D. D. E.
Dunkirk
.^6
38
38
38
38
38
38
38
38
36
38
Fredonia
KR
46
Duquesno Inclined Plane (Pittsburg. Pa) ..
Duqucsno Traction— Sec Consol. Traction
74
System
48
^;^ast Cleveland— See Cleveland Electric. 31
54
.^astEiidSt. Ry.— Sec Memphis St. Ky
9
43
East H. Pass.— See Harrisburg Traction
East Hartford <fc (Jlastonbury Horse RR—
44
See Hartford Street Ry
Citizens' Street RR.— See Memphis St. Ry.. 54
Citizens' St. (Fishkill-on-the-Hudson N. Y.) 40
Street Ry. (Kalamazoo, Mich)—
See Michlifan Traction
Cillzens' Street Ry. (Muncie, Ind.)— See
Union Traction of Indiana...
Citizen.-*' Traction Co. (Detroit. Mich.)
Citizens' Traction (Oslik sh. Wis.)
Citizens' Traction— See Cons'il Trac. Sys...
Citizens' Traction.— See San Diego Eleo. Ry.
City Street Ry.— See Dallas ConsoL
Electric Ry
33
Dallas Consolidated Electric Street Ry
33
Dallas & Oak Cliff Electric Ry
33
Dallas Rapid Transit Ry.— See Rapid Tran-
Dallas
(jiiizens'
36
67
74
82
—
Flast lyiverpool
Railway
Kast Liverpool* Wellsville Street
East Liverpool Railway
39
RR.— See
39
—
—
INDEX TO RAILWAYS.
94
Page.
East Middlesex St.Ry— See Lvim A; nos. Sya. 18
EastOakland St. Ry— See OakliDd Tr. Co. 66
East Omaha Street Ry
66
Easton&BetlilehemTran— SeeEastonTrau. 39
Easton Consolidated Electric
39
Eastoii Palmer & Bethlehem Elec. Ry
39
Easton Transit
39
East Pcnn Traction— See Newtown & Delaware R. Trac
88
East Reading Elec. Ry See Reading Tract. 72
East St. Louis Electric Street RR
39
East Side Ry (Portland, Ore.)
76
East Side Trac. (Syracuse, N. Y.)
87
Eau Claire St.— See Chippewa Val. Elec. ... 39
Eckin^ou & Soldiers' Home Ry.—See ( Ity
& Suburban Ry
89
Edison Elect. 111. Co. of Lebanon, Pa.— See
United Power & Transportation
71
—
Egypt
111.)
Eighth Ave.
Electric
RR.— See
&
i'3
Metrop.
St.
Ry. Sya.
60
.
Power (Sedalia, Mo.)—
Electric Ry. Light
See Sedalia Electric & Railway
Electi-ic Traction (Philadelphia, Pa.)— See
Union Trai tion
Elgin City Carpentersvllle & Aurora Ry. ..
Elgin City Ry.— See E. C C. & A. Ry
Elizabeth Street Ry
Elizabeths Westfleld— See PlainfieldSt.Ry.
85
f9
39
40
40
75
Elmira <v Horseheads Ry
40
Elmira Mimic. Imp.— See El. & Horseh. Ry. 40
Elmira Water, L. A St. Ry.— See Elmira &
Horseh. Ry
Elmwood Ave. &Ton.
40
Elect.— See int. Trac. 22
Elwood Klect.— See Union Trac. of [nd
9
Empire Pass. Ry— See Union Traction Sya.. 69
Entield
&
Longiiieadow Elec. R.y
Englewood & Chicago
87
Electric
Ry.— See
Chicago Elec. Trac
ErieCityPass.Ry— See Erie Elec. Motor
Erie Electric Motor Co
Erie Rapid Transit Street Ry
Escanaba Electric Street RR
Essex Elect. St. Ry—See Lynn & Boston RR
Essex Pass. Ry— See Newark Passenger Ry.
Evanston (IlL) Electric Ry.— See Chicago
40
40
40
17
47
27
Cotsolidated Traction
Evan.sville Street
27
40
RR
Exeter Hampton & Amesbury
Exeter (N. H.) Street Ry.— See
40
40
Exeter
Hampton & Amesbury
40
Fairhaven & New Whatcom Ry.— See
& Imp't
Westville RR
Northern Py.
Haven &
Fair
Fairmount Park
ger
&
40
57
Delaware River Passen-
— See Germantown Passenger Ry
.
.
Fairmount Park & Haddington Pass. Ry—
See Hestonville Mantua & Fairmount
Fairmount Park Transportalron Co
Fairmount Passenger Ry— See Hestonville
Mantua & Fairmount Passenger Ry
Fall River Street Ry.— See Globe St. Ry
.
. . .
Federal Street & Pleasant Valley Ry.— See
United Traction System, Pittsburg
Ferries & Cliflf House Ry— See MarketSt. Ry.
Findlay Street Ry
First A venue Ry. (Sf attle. Wash )
Fishkill Elec. Ry.— See Citizens' Street Ry.
Fitchburg & Leominster Street Ry
Fitchburg & Suburban Ry
Flushing & College Point Elec. Ry.— See
N. Y. & Queens Co
Flushing & South Shore RR
Fond du Lac St. Ry. & Electric
Fort Clark St. Ry. See Cent. Ry. (Peoria)
Fort George & Eleventh Avt nue RR.— See
Met. Ft. Ry. Sya
Fort Pitt Traction— See Cons'd Trac. (Pitts.)
Fort Smith St. Ry. -Bee Ft. Smith Tr.,L.&P.
Fort Smith Traction, Light & Power
Fort Wayne Consolidated Ry
Fort WajTie Electric— See Ft. W. Consol Ry.
Fort Wayne & Belle Isle Ry.— See Detroit
Fort Wayne & Belle Isle Ry
Fort Wayne Street RR.— See Fort Wayne
Consol. Ry
Fort Worth <fe Arlington Heights Street Ry.
Fort Worth Street Ry
Forty-second Street & Grand Street Ferry
RR—See Metropolitan St. Ry System
Forty-second St. Manhatv. & St. Nicholas
Ave. Ry— See Third Avenue System
Fountain Head RR. (Knoxville, Tenn.) -See
SOPPLK.MENT of Feb., 1«98.
Fox River Electric Ry. (Green Bay, Wia.)
Fraraingham Union Street Ry.
Frankford & Southwark Passenger Ry.
See Union Traction System
Frankford Tacony & Holmesburg— Sec
. .
.
. .
70
70
P.VCK
Gloucester Street Ry. (Mass. Elect. Cos.)... 17
Grand Avenue— See Metropolitan Street... 48
Grand River Ry— See Detroit Citizens' St. Ry 36
(JrandSt. «fe Newtown.— See Bkln.Rap.Tran. 20
Grant Street Electric Ry
84
Great Falls Street Ry
43
Green & Coatea Streets Philadelphia Passenger Ry— See Union Traction System
70
Greentleld A Turners Falls Street Ry
43
Green Lake Electric Ry
84
Greenp. & Lorimer St.— See Bkln. Rap.Tran. 20
43
Hagerstown Railway
amroond Wliiting
E. Chi. Elec. Ry... 43
Hampton & Amesbury St. Ry.— See Exeter
Hampton A Amesbur.y
40
<fe
Hanover Street— See South Shore Sc Boston 18
—
See HarrisburgTrac.
Harrisburg & Mechanicsburg Electric Ry..
Harrisburg Traction
Hartford Manchester & Rockville Tramway
Hartford A Springfield Ry
Hartford Street Ry
Hartford & West Hartford RR
Hartford & Wetherstield Horse RR— See
Hartford St. Ry
Haverhill & Amesbury Street Ry
Helena G. L. & Coke— See Helena P. & L...
Helena Power &, Light
Harrisb. City Pasa.
44
44
43
44
44
44
44
44
44
44
44
44
Henderson (Ky.) Electric Street Ry
Herkimer Mohawk Ilion & Frank. Elec. Ry. 45
Hestonville Mantua & Fairmount Pass. Ry. 70
Highland Av. & Belt RR. (Birmingh., Ala.) 15
Highland Park & Fruit Vale RR.-See Oakland Transit Co
66
Highland Park Ry— See Detroit Cit. St. Ry. 36
57
Highland RR. (New Albany, Ind.)
Hishland St. Ry— See West End St. Ry
16
South
Hingham (Mass.) St. Ry.- See
Shore
& Boston
18
Holyoke Street Ry
45
Holraesburg Tacony & Frankford Elec. Ry.
71
—See United Power A Transportation
34
Home Avenue RR
Homestead & Highlands Street Ry.—See
Monongahela St! Ry.. P'ttsburg, Pa
75
Hoosao Valley (North Adam*>, Mass.)8t. Ry. 65
Hoosick Ry.—See Bennington & Hoobic Val. 45
Hornellsville & Canisteo Ry
45
45
Hornellsville Electric Ry
45
Hot Springs Street RR
45
Houston Electric Street Ry
46
Houston Heights Electric St. Ry
Houston W.St.A Pav.F.— SeeMetro'n St.Ry. 59
46
Hudson Street (N. Y.) Ry
Hull Street Rv.- See Hingham St. Ry
18
46
Huntington RR
Light
(Mass.
Elec.
Cos.).
16
Hyde Park Elect.
68
29
43
43
Illinois Traction
70
17
74
83
40
84
41
41
41
ndiana Electric RR. of Goshen
Indiana Electric Ry
Indianapolis & Broad Ripple Rap. Transit46
See Broad Ripple Traction
46
Indianapolis Street Ry
22
International Traction Co. (Buffalo)
65
Inter-State Consolidated Street Ry
Inter Urban Traction (St. Louis)— See St
80
Louis Bellv.& Suburban
Inter- Urban R'y.— See Saginaw Val Trac... 79
46
Ithaca Street Ry
.52
52
41
68
60
74
41
41
41
41
38
41
41
41
60
Street Ry
acksonville (lU.) Ry
Jack's Run— See Federal St.
Jackson
47
47
& Pleas. Val... 74
Brooklyn
Brooklyn Road—See
Jamaica A
Rapid Transit
19
47
Street Ry
47
Janesville Street Ry
Jasper County Electric Ry. (Carthage, Mo.)
Jamestown
See Southwest Missouri Elec, Webb City. 90
Avenue Ry.— See United Rys. Co. 80
47
JelTersonville City Ry
Jersey C'y A Bergen RR— See No.Jer'y St.Ry. 47
Jersey City Harrison A Kearney Ry. Co.
47
See ConsoL Trac. Sys
Jersey City Hoboken A Rutherford- See
68
AVhite Line Traction
42
Johnstown Gloversville A Kingsboro
48
Johnstown Passenger Ry
48
Joliet Railroad
JeflTerson
61
Kankakee
43
41
69
HolmeKburg Tacony & Frankford
71
Frankrt & Suburban Ry. (Frankfort, Ky.). 41
Frankfort & Utica Street Ry
89
Franklin Electric Street R.y
41
Frederick & Midalctown Elec. Ry
41
Front St. Cable Ry.—See First Ave. Ry.,
Seattle, Wash
84
Fulton Elevated— See Kings Co. Elevated.. 21
Fulton Street RR.-See Met. St. Ry. Sys... 60
Fulton Wall & Cortlandt St. Ferries RR.See Wall & Cortlandt Street Ferries Ry.
62
Electric
Ry
48
ansas City Cable— See Metropolitan St.
Kansas City Elev. Ry— See Met. St. Ry
Kansas City A Independence Rap. Tran.
Ry— See Metropolitan St. Ry
Kansas City & Leavenworth
Kansas City Traction— See Met. St. Ry
KeyportAMatawauSt. RR.-See Middlesex
A Monmouth Elec Light, Heat A Power..
Kindeihook A Hudson- See Albany A Hudson Railway A Power
Kings County Elevated
Kings Co. Traction- See Nassau Electric. ..
Kingston City RR
Knoxville Street RR.-See Knoxville Trac.
Knoxville Traction
KokomoCity
Street
Ry
48
48
alveston City
i.t
RR
Power
Gardner E'ectric Street Rv.
Geary Stree( Park A: Ocean RR
General f-lectrlc Railway (Chicago. 111.)...
GenevaifcWaterlooRy.— See Geneva Waterloo Seneca Falls & Cayuga Lake Tractii-n
Geneva Waterloo S. F. & Cayuga L. Tract
Georgetown ATenailytown Ry
Germant'n Pass. Ry— See Union Trac. Sya.
Gettysburg Elec. Ry.— See May, 189-*, Sdhp.
Glena Falls South (ilens Falls Sandy Hill&
Ft.
St. RR
& Prospect Heights
Edward
Glen Oak
42
42
42
83
29
42
42
89
70
42
Ry. (Peoria,
IlL)
Glen wood & Polytechnic College St. Ry
Globe Street Ry. (Mass. Elect Cos.)
Gloucester Esiex & Beverly (Mass. El. Cos.)
Gloucef'ter & Rocbport (Mass. Klec. Cos.)..
68
41
17
17
17
49
46
21
21
49
49
49
49
Lackawanna Valley Traction— See Scranton Ky
84
Laclede
80
Laconia Street Ry
49
Laconia A Lakeport St. Ry.— See Laconia
49
St.Ry
Lacrosse City Ry
49
Lafayette Street Ry
50
Lake Cities Electric Ry
51
Lake Ont. A Riverside Ry.— See Oswego Tr. 67
Lake Roland El.— See United Rys. A Elec.
Co ofBaltimore
12
Lakeside Street Ry.— See Duluth St. Ry
39
Lakeside Ry., Mahanoy City, Pa
53
Lake Street Elevated RR
29
Lancaster City Street^See Penn. Traction. 50
Lancaster A Columbia— See Penn. Traction 50
Lancaster Traction— See Penn. Traction
50
Lansing City Electric Railway (Michigan)
50
Lantlng Dexter A Ann Arbor Electric Ry. 50
.
(Neb.) Street Ry.— See Lincoln
.M
Neb.), Trac
51
Lincoln (Neb.) Traction
United
Railways
Co
80
Lindell Ry.— See
Traction
&
Electric
51
Little Rock
Lock City Electric RR.-See Buf. A Lock22
port Street Ry. (Lockport. N.Y)
Lincoln
Lock Haven Traction
Lombard A South Street Passenger Ry— See
51
70
A Southwark Pass. Ry
A Newtown— See N. Y. A Queens
Frankford
I.
City
Co.
Ry
L.
51
Long Island Electric Ry
Long I.sland Trac- See Brooklyn Rap.
Loop Road See Union Elevated
22
22
30
32
52
Tr..
Lorain A Cleveland RR
Lorain Street Ry
52
Los Angeles Ry
Los Angeles Pacific Ry.— See Los Angeles
Pacific
RR
52
Los Angeles A Pasadena Elec. Ry
Los Angeles Traction
Louisville City Ry— See Louisville
Louisville
Ry
A
Lowell Lawrence
52
52
52
52
Ry
Haverhill (Mass. Elec.
17
Cos.)
A Suburban St. (Mass. Elec. Cos.)... 17
Lynchburg Electric Co.— See Lynchburg
52
Electric Ry. A Light
Lowell
Lynchburg Electric Ry. & Light
Lynchburg A Ri Vermont Street Ry
Lynn Belt -See Lynn A Boston
Lynn A Boston RR. (Mass. Elec Cos.)
|m« aeon Consolidated Street
IT* aeon Electric Light A Ry
52
53
17
17
RR
53
53
Macon A Ind. Spring Elec. St. Ry. (Ga.)—
53
See Macon Electric Light A Ry
Madison City Ry.— See Madison Elect. Ry. 53
Madison Electric Ry
Madison Street Cable Rv
Mahoning Valley Ry. (Youngstown, O.) ..
Main Street A Agricultural Park RR.-See
Los Angeles Ry
Maiden A Melrose St. RR.— Boston El. Sys.
Manchester Street Ry
Manhattan Elevated Ry.— See Ixvestors'
53
84
92
52
16
53
SUPPLEJIENT.
Manistee Filer City A East Lake Ry
53
Manufacturers' Street Ry. (New Haven) ... 58
Marion City Ry. (Indiana)— See Union Trac.
9
ot Indiana
53
Marion Street Railway (Marion, O.)
Market St. Cable Co.— See Market St. Ry.... 83
Market Street Ry
83
MarshaUtown (Iowa) Light Power A Ry... 53
Marlborough Street Ry
Maryland Traction— See United Railway
A
Electric of Baltimore
city A Clear Lake Traction
Massachusetts Electric Companies
Mason
Mateo
St.
RR.- See Los Angeles Ry
Mt. Vernon Horse RR-See
McGavock A
Nashville Street
McKeesp't Wilm'g
Ry
A DuquesneRy.
53
12
53
16
52
56
(Pittsb.)
75
Memphis A Raleigh Springs RR.-See Memphis St. Ry
Memphis --treetRy
Menasha A Neenah Street Ry
Menominee Electric Light Ry. A Power
54
54
56
54
Mercer Co. Traction—See Trenton St. Ry... 71
54
Meriden Electric RR
54
Meriden Horse RR.-See Meriden Elec.
Meriden Southington A Compounce Tram. 54
Merrimack Val. St. Ry— See Lowell Law17
rence A Haverhill St. Ry
Metropolitan Elec. See Springfield Tr. (Mo.) 86
5J>
Met. Crosstown RR— See Met. St. Ry
Metropolitan Railway, San Francisco, Cal.
Railway
83
See Market Street
Metropolitan Ry.— See Portland (Oreg.) Ry. 76
89
Metropolitan RR-(Washington, D. C.)
Metropolitan RR^See West End St.Ry., Bos. 16
Metronolitan St.RR^See Denver City.Tram. 36
Metropolitan St. Ry.— Kansas City, (Mo.)... 48
59
Metropolitan St. Rv. (N. Y.)
?0
Metropoltan Traction of Chicago
Metropolitan Tract'n— SeoMet. St. Ry.,N.Y. 59
30
Metropolitan West Side Elevated RR
73
Miami Valley Rj-. (Piqua, Ohio)
Michigan Traction of Kalamazoo and Bat48
tle Creek
Middlesex & Monmouth Elec. Light, Heat
.
.
.
48
50
48
. .
Galesburg Electric Motor
P.VGE.
Leavenworth Electric RR
50
Leavenworth A ]>!- using Ry
50
50Lebanon A Annville Street Ry
Lebanon Valley Street Ry.- See United
Power A Transportation
71
Lehigh Traction (Hazleton, Pa.)
44
Ry
Leominster A Clinton St.
50
Lex ngtou Avenue A Pavonia Ferry R.v—
See Metropolitan Street Ry
59
Lexington Railway
50
Lewiston A Auburn RR.-See Lew. Bruns.
50
A Bath St. Ry
Lewiston Brunswick A Path St. Ry
50
Lewihton Connecting Bridge. —See Inter22
national Traction
63
Lewiston A Youngstown Frontier RR
Lima Ry
51
Llma-Honeoye Light & RR
51
A Power
Middlesex
RR— SeeM'est End St. Ry., Bo.st.
Middletown A Bloomingsburg Tract.—See
Middletown-Goaheu Traction
Middletown— Goshen Traction
Middletown H. A S.— See Harrisb. Traction.
Middletown Street Ry
Milford Holliston A Fraraingham St. Rv...
MilfordA Hopedale St. Ry
Millcreek Valley
Mill vale
RR
49
16
54
54
44
54
54
54
31
Etna A Sharpsburg Street Ry.— See
Allegheny Traction
Millville Traction
74
54
L.. 54
54
55
Milwaukee City— See Milw. Elec. Ry. A
Milwaukee Electric Ry. A Light
Milwaukee Light Heat & Traction
Milwaukee Racine* Kenosha Electric Ry.—
See Milwaukee Light, Heat ATractioo Co. 55
Milwaukee Street Ry.-See Mil. El. Ry A L. 54
INDEX TO RAILWAYS.
Pace.
Milwaukee & Wauwatoaa Motor Ry.-8ee
55
Mil. Light. Heat & Traction
Mineral Ridge A Nilos Electric— See Malion1ns Valley
xvu--- ^ ?J
Miuueapolis St. Ry— See Twin City Rap. Tr. 55
39
Ry
Miune.sota Point Street
Mississippi Valley Ry. (East St. Louis RR.) .S9
80
Missouri RR.— See United Railways Co
Missoviri Electric Ry. (Kan.sas City, Mo.). .. 49
•''«
Mobile Lislit <& RR
56
Mobile Street RR
Mobile A- SpriusHillRR — SoeMo.Lt & RR 56
Moline Central Street Ry.— See Tri-City Ky. 34
7^
Monongahela Street Railway
73
Montgomery & Chester Electric Ry
Montgomery Count y Pass. Ry—See Schuyi65
kill Valley Trac. Sy.s
56
Montgomery Street Ry
56
Montgomery Suburban Street Ry
5H
Montreal (Can.) Street Ry
39
Motor Line Improvement
80
Mound City RR-Seo Union Depot RR
Moundsville Ben wood* Wheeling By. ... 90
Mt. Adams & Ecjen Pk. Incl. < S-e Cincin- i ,>,
Mt. Auburn Cable Railway.. > nati St. Ry. )
Mt. Oliver Incline Plane Ry —See P. & B.
75
Traction system
Multnomah St. Railway—See Portland Ry.. 76
Muucie Anderson .V Indianapolis- See
9
Union Traction of lud
3(>
Municipal Traction
56
Muscatine Electric Ry
Mystic Valley St. Ry. (Mass. Elec. Co.'s)... 18
T^anticoke St. Ry.-See Wilk. & W. V. Tr. 72
18
1^ ashna Street Rv.'Mnss. Elec Co.V)
NasliviLle & Edgelield RH— SeeNash. St.Ry. 56
56
Nashville Railwav
56
Nashville Street Ry.— See Nashville Ry
.
Nashville <fe Suburb.an Ry
Nashville Tract'n— See Nash V.& Suburb.Ry.
Nassau Electric RR— See Brooklyn Rapid
Transit
Natlck & Cochituato Street Ry
National Railwav, St. Louis, Mo.— See
United Railways Co
St. Ry— See Lynn & Boston RR.
Needham& Boston (Mass. EUc. Co.'s)
Negaunee & Ishpeming St. Ry. & hlectric.
Naumkeag
New Albany Ry
New Albany St. Ry—See New Albany Ry
Newark
Bloomlield
<fe
. .
Ry— See Newark
Pass. Ry
Newark (O) Consolidated Electric Ry
Newark (O.) Granville Electric Street Ry.
—See Newark Consol. Electric St. Ry
Newark Hackensack Traction
Newark & Irvington Ry—See Newark Pass.
Newark Passenger Ry. —See North Jersey
5
n
56
21
5d
80
17
18
57
57
57
47
62
<fe
<fe
62
48
47
Ry
47
Newark Plank Road—See Cons. Trac. Sys.. 47
Newark
South Orange Ry.-See North
Jersey Traction Co
47
New Brunswick City Ry
57
Newburg Electric By
62
Newburs <fe Orange Lake BR.— See Newburg Electric Ry
62
Newburyport & Amesbury RR
62
New Castle Traction
57
New England Electric Power— See Manche.ster Street Railway
53
New England Street By
58
New Haven & Centre vllle Street By
57
Street
<fc
New Haven Street Ry.— See Fair Haven &
Westville RR
New Jersey Electric By. —See White Line
Traction
New Jersey Traction— See Con. Trac. Sys..
New London Street By..
New Orleans & CarroUton BR
New Orleans City BR
New Orl. City & Lake RR.— See N. O. Trac.
New Orleans Traction (Limited)
Newport & Dayton Street Ry— See Cincin.
57
Newport & Covington Ry
33
Newport lUuminat'g— See Mass. Elec. Co.'s 16
Newport Street Ry. (Mass. Elec. Cos.)
18
Newport &, Fall River Street By. (Mass.
nati
Elec. Co.'s)
18
Newport News Hamoton &01d Point By.—
See Newp. News & Old Pt. By. & Electric. 62
Ne^vport News & Old Point By. & Electric.
Newton & Boston Street Ry
Newton Street By
Newtonville & Watertown Street Ry
Newtown Delaware River Traction
Newtown Ry.-See N. Y &. Queens Co. Ry.
.
<fe
New
&
62
63
63
63
88
51
Flatbush BB.— See
Brooklyn Rapid Transit
20
N. Y. Elmsford & White Plains.-Sea Tarrytown W. P. & Mamar. Bv
62
New York & Harlem RR.-SeeMet.St.Hy.Sys. 60
New York <fe North Shore Ry. (L. I. City)... 51
New York & Philadelphia Traction
88
New York & Queens County Ry., L. I. City. 51
New York <fe Staten Island Electric Co
86
N. Y.Westc. &. Conn- Tractioa.- See People's
William.sburg
TractionCo
6?
Niagara Falls & Lewiston RR
63
Niagara Falls Park & River— See Interuanational Traction
22
Niagara P'alls & Suspensi<m Bridge By.
"...
SecInternationaJ Traction
22
Niagara Falls Whirlpool & Northern Rv.—
See International Tractioa
Niagara (jorge
Niagara Falls & Lewiston— See Nia/.Goi ge
Ninth Avenue RB.— See Metro. Kt. Ry. Sys..
Norfolk Central St. By. (Mass. Elect. Cos.)
Norfolk & Atlantic Terminal
Norfolk Western
Norfolk (Va.) City ER— See Norfolk St. RB.
Norfolk (Va.) & Ocean View BR
Norfolk Southern St Ry
Norfolk (Va.) StrectBR
Norfolk Suburban PJt. (Hyde Park, Mass.)
"....
Pack.
Pittsburg (Kan.) Frontenac & Sub. Elec
Pittsburg Incline Plane— See Pittsburg &
Birmingham Traction System
Plttsb. Neville Isd. & Coraopolls Pass. By.—
See West End Traction
Pittsburg Oakland <fe East Liberty Passenger Railway— See Pittsburg Traction
Pittsb. & Ormsby— See P. & B. Trac
Pittsburg Traction— See Consol. Trac Sys.
Pittsburg & West End Passenger RailwaySee West End Traction
Pittsburg Weir City & Columbus (Kansas)
—See Pittsburg Frontenac & Suburban..
Vortliern Railway & Improvement
North Woburn Street (Mass. Elec. Cos.)
Plymouth
40
18
7
Northern Ohio Traction
North we.stern Elevated (Clucago)
Norton & Taunton Electric
Norwalk Street Ry
Norwalk Tramway
Norwich Street Ry
Nyack
(N.
Y'.)
Traction
Oakland Consolidated
Ohkland Transit Co
Oakland RR
Oakland
30
6i
6i
65
65
66
(Cal.),
Street
Ry.-See
66
66
Syndicate— See Oakland
Transit Co
66
Oakland, San Leandro & Haywards Electric
Rv. Consolidated
Oakland Transit Co
Oakrwood Street Ry
Observatory Hill Pass. Ry.-See Federal St
& Pleasant Valley Pass. Ry
Ogden Street Ry— See Chicago Con. Traction
66
66
34
74
25
Ogdensburg Street By
66
6n
Clean Rock City & Bradford Ry
Clean Street Ry
66
Omaha & Council Bluffs Ry. & Bridge
66
Omaha Street Railway
66
Omnibus Cable By- See Market St. By
83
Orange Mountain Traction
66
Orange & Newark— See Newark Passenger. 47
Orange * Passaic Valley By
67
Orleans BB
59
Orleans & Jefferson By
59
Ossining Electric By
85
Oswego St. Ry— See Oswego Traction
67
Oswego Traction.
67
Ottawa Railway Light & Power
67
Ottawa Street Railway— See Ottawa Railway Light Power
Ottumwa Electric & Steam
Ottumwa Elec. Ry.-See Ottumwa Eleo. St.
Owensboro City RR
Oxford Lake Line Anniston, Ala, j
<fe
(
Paducah
By.
&
Light
aducah Street Bail way— See Paducah
By. &Light
Park City Railway.— See Bowling Green Ry.
Park & Cliff' House— See Market Street Ry.
Park & Ocean RR.— See Market Street Ry
Pasadena & Mount Lowe Ry
Pasadena & Pac. Ry.-See Los Angeles Pao.
.
& Newark Electric Traction
* Belt Ry— See Lexington Ry
Pass.
(
Peoria
Peoria
67
67
19
83
83
52
52
67
ir^O
—
Paterson Electric See Whi re Line Trac
Paterson Central Electric Railway
Paterson City Railway— See Paterson Ry..
Paterson Passaic & Rutherford- See White
Line Traction
Paterson Ballway
Pawcatuck Valley Street By
Pawtucket St. Bv—See United Trac. <» Elec.
Peekskill Traction
Peninsular By. (Newjiort News)
Pennsylvania Motor — See Easton Transit..
Pennsylvania iV, Ohio By
Pennsylvania Traction Lancaster, Pa.)
Penn St. Pass. By— See Citizens' Trac
Penn Yan Keuka Park & Branchport By.
Penobscot Central By. (Bangor, Me.)
People's Cable Bv.— See Brooklyn Av. (K.C.)
Peoide's Electric. By. (Sandusky. O.)
Peojile's Elec— See Springfield Consol
People's Pass. By— See Union Trac. System
People's Bailway,St.Loui8,Mo.— See United
Railways Co
People's Bailroad— See Syracuse Bap. Tran.
People's Street By. (Dayton. O.)
People's Street By— See Scranton Ry
People's Traction, N. Y
People's Traction, Philadelphia,
Union Traction.
67
67
67
67
9
68
68
68
68
68
i
70
68
68
74
68
69
70
70
60
Tracticm System
Philadelphia Traction -See Union Trac
Plilla<lelphia & West Chester Traction
70
70
69
1
90
63
(j3
63
63
(Mass. Elec. Cos.)
18
Norfolk WUlouKhby Spit & Old Point ElecNorfolk
tric— See
& Ocean View
63
NorrlstowTi Pass. Ry— See Schuylkill Valley Traction System
65
...
';3
Piedmont & Mountain View Bailway— See
Oakland Transit Co
66
Piedmont Traction— See Petersburg By. &
Electric
68
Pittsl). Allegheny & Manchester Trac—See
United Traction System
74
Pittsh. & Birm. Pass Ry.-See P. <feB. Trac. 75
Binnlngham
Traction
Pittsburg &
75
Pittsburg & Castle Suannon Railroad
75
Pittsburg Crafton & Mansfield Street
See West F-nd Traction
"74
75
73
75
Pittston Street
Kingston
72
75
76
72
76
& Kingston Railroad
76
Pljnnouth St. Ry.-See Wilkesb. & W. V. Tr. 72
Portland & Cape Elizabeth Ry.-See Portland RR
Portland <fe Fairview— See City
& Suburban
76
of Portland, Ore
76
Portland(Conn.)St-8eeMiddletown St.Ry. 54
Portland (Me.) Railroad
76
Portland (Oregon) Ry
76
Portland (Ore.) Traction
77
Portland & Vancouver By— See Portland By. 76
Portland & Yarmouth Electric By
76
Port Norfolk Electric Bailway
63
Portsmouth (Va.) Street By
77
Pottsville & Beading By— See Schulykill
Electric System
77
Poughkeepsie City & Wapp's Falls Elec. By 77
Powell Street By— See Market Street By
83
Presidio & Ferries BB
83
Princeton & Trenton Traction
88
Providence Cal)le Tramway— See United
Traction & Electric
77
Providence & Taunton Street By. (Mass.
Electric Companies)
13
Pueolo Electric St. By.— See Pueblo Traction & Electric
77
Pueblo Light & Power
77
Pueblo Traction
Electric
77
<fe
Queen
City
By.— see
Dallas
Consol'd
ElectricStBy
Queenston Heights Bridge —See International Traction
Quincy
& Boston
Cjulncy (HI.)
33
22
By. (Mass. Eleo. Cos.). 18
Horse By. & Carrying
78
St.
Rapid
Bailroad (Detroit)
apld Bailway
Rapid Transit Line, Knoxville, Tenn.— See
Feb.. 1898, Supp.
Rapid Transit Railway ( Dallas, Tex.)
Rapid Transit St Ry— See No. J ersey St Ry
Reading City Pass.Ry— See Beading Trac...
Beading & Lowell (Mass. Elec. Companies)
Beading &TempleElec.By.— See Bead.Trac
Beading Traction— See United Traction Sys.
Beadins <fe Womelsdorf Electric— United
Traction System
Bichmond Ry. & Electric
Richmond Traction
Ridge Ave. Pass. By—See Union Trac. Sys.
Biverside & Subm-ban- See Wichita Elec.
38
38
33
47
72
18
72
72
72
78
78
70
By. & Light
90
Riverside Park Ry.-See Sioux City Tract'n. 85
Roanoke Street Ry
78
Rochester City & Brighton— See Roch. By.. 78
BochesterC. &Maiiitou BB
Rochester & Irondequoit RR
Rochester Ry
Rochester & Sodus Bay Ry
Rockford City Ry— See Rockford Ry. Light
78
46
78
79
Saco
22
63
63
— See Union
Car— Sec Wilkesbarre & Wyoming Valley Traction System
PlainfleldSt Railway
P attsburg Traction Co
Plymoutlf Bridge Co.— "^ee Wilkesbarre &
Wyoming Valley Traction
Plymouth & Brockton— See Plymouth &
75
75
80
87
34
84
6
Peoria &
Pekin Terminal Railway
Perry Street Pass. Ry— See Federal Street
& Pleas. Valley Passenger Railway
Pet orslmrg Railway & Electric
Philadelphia & Bristol Passenger By
Philadelphia City Pass. Ry— See Union
Traction System
Ry
75
& Power
79
Rockford Ry. Light & Power
79
Rockford Traction —See Rockford Ry. Light
& Power
79
Rockingham Electric—See Exeter Hampton & Amesbury
40
Rockland & Abington Street Bailway— See
18
South Shore & Boston
Bockland Thomaston & Camden Street By. 79
Bockport Street (Mass Elec. Companies).. 18
Eome Ci ty Street By
79
Ross St— See P. &B. Trac.
75
Roxboroush Chestnut Hill & Norrlst'n Ry.
72
—See United Power & Transportation.
Rutland Street Rv
79
Pa.— See
& Pekin Terminal Ry
& Pekin Traction— See
Pittstield (Mass.) Electric
75
77
77
68
62
39
67
50
74
f8
14
48
83
86
70
Philadelphia Co. (Pittsburg, Pa.)
Phila. & Darby Ry— See Union Trac. Sys
Philadeli)hia &Gray'H Ferry Passenger By
63
Page.
73
6^
North Chicago City By— See N. Chic. St. BB. 28
North Chicago Electric By.- See Chicago
Consol. Traction
27
North Chicago Street BB
28
North Dallas Circuit By
33
Noi iheast Elec. By.— See Central Electric of
Kansas City
48
North End St. By. (New York N. Y.)— See
Srpp. for August. 1898.
North End Street By (Worcester, Mass.) ... 92
Northern Electric liy. (Chicago)
30
North Greenfield & AVaukcslia Eleo. — See
.'^5
Milwaukee Light, Heat & Traction
North Hudson County Ry. (Hoboben, N. J.) 45
North Jersey St. Ry. (Jersey City, N. J.) .. 47
NorthPark Streetliv. (Grand Rapids, Mich.)
—See Feb., 1898, Svvv.
North Side Electric Ry.-See Chicago Con.
Traction
27
North Side Pass. Bv.— See Citizens' Tract.. 74
Nor. Side Trac— Sob Unit. Trac. (Pittsburg. 73
Northampton Street By
Passaic
68
47
58
59
58
58
58
95
By-
75
.
River Electric
RR
aoramento Electric, Gas & BaUway
Saginaw Consol— See Saginaw Val. Trac
Saginaw Suburban By
Saginaw Valley Traction
St Charles St BB
St. Clair Incline Plane
St.Joseph& Benton Har. Street By. (Mich.)
St Joseph By. Light, Heat & Power (Mo.)
St. Jo. Trac. & Light— See St. Jo. L. H. & P.
8t Louis & Belleville Eleo. Ry
St Louis Belleville <fe Suburban Ry
St. Louis Cable & Western Ry— See St. Louis
& Suburban By
St. Louis County Street Bailway
. .
79
79
79
79
79
59
75
79
80
80
80
80
82
82
82
St. Louis & E. St Louis Elec. Ry
82
St Louis & Kirkwood RR
82
St. Louis <fe Meramec River BB
82
St Louis & Suburban By
St Louis Tract'n— See Unitid EailwaysCo. 80
80
8t Louis Transit
St. Paul City By— See Twin City Bap. Tran. 55
St. Paul & Sul)urban Ry
)
qo
°
St. Paul & White Bear Railroad
J
Halem & Wakefield (Mass. Electric Cos.).... 18
82
Salt Lake City RR
82
Salt Lake .feMercnr RR
82
Salt Lake Rai)id Transit
82
San Antonio Edison Co
San Antonio Rapid Transit— See Alamo
82
Heights KR
82
San Antonio Street By
...
..
.
ijndex
VJ6
to railways.
Pagk
;k.
San Antonio Gas Electric Light <k St. Ey...
San Diejro Rlec. Ry
Saiiford (Me.) <fe Cape Porpoiae RR
San Fr ncisco * Siii Mateo Elu'tric
Pan Gabriel Val True. Co. (Los An>r., Cal).
San Pedro Street RK.— See LosAu^eles Ry.
Sandusky it Interurlian Electric Ry
Sandusky Milan it Norwalk Elec. Ry
Sandusky Street Ry
Saratoga Traction
Savannah Traction— See Sav. Thunderbolt
(S- Tsle "f Hope
Savannah Timnderbolt & Isle of Hope Ry.
Schenectady
Ry
Schuylkill Electric Ry. (Pottsville, Pa.)
Schuylkill Haven <fe Orwigsbur;; St. Ry.—
SeeSchuvlUtll Electric Ry
Schuylkill Traction (Girardville, Pa )
Schuylkill Valley Ti'action (Norristown.Pa.)
ScrantonifcCarbondaleTraction— SeeScranton Railway System
Scrautou Pass. R'y — See ScrautouRy
Scranton <fe Pits'nTrac— SeeScraa. Ry. Sys.
Soranton Suburban— See Scranton Ry
Scranton Ry., formerly Scranton Traction.
Bea Beach Ry.— See Brooklyn R. T
Seashore Electric Ry, Asbury Park
Seattle City Ry
Seattle & Rainier Beach Ry
Seattle Traction (formerly Seattle Consol.
St. Ry.)
Sea View RR.— See Brooklyn R. T
Second Ave.Pass.Ry— See United Ti-action.
Second Ave. RR.— See Met. St. Ry. Sys. (N. Y.)
Second Ave. Trac— See United Trac. Pitts.
Second <fe Third St. Pass. Ry.— See Union Tr.
System
Seaalia & Brown Sps.- See El. Ry. L. <fe P.
Sedalia Electric <fc Railway
Seventeenth & Nineteenth Street Passenger
Ry^See Union Traction System
Shamokin & Mt. Carmel Elec
Sheboygan Light, Power & Ry
.
Sutro RR
Sutter Street Ry
Syracuse Rapid Transit
82
83
Ry
83
52 Tacoma Ry. & Power
52'
amaqua <fe Pottsville Electric RR. See
Schuylkill Elec. Sys
83
83 Tareutum (Pa.) Traction
83 Tarrytowu White Plains & Mamaroneck Ry.
83 Tannton & Brockton Street Railway (Mass.
(Electric Companies)
83 Taunton Street Ry. (Mass. ''lleotrlo Cos)
83 Taylor Avenue RR— See Unite 1 Railways
<3o
84,
77 Temple Street Cable Ry
Terre Haute Electric Ry
77!'
Terre Haute Street Ry— See Terre Haute
42
ElectrioRy
65 Third Avenue RR. (N. Y.)
Thirteenth & Fifteenth Sts. Pass. Ry— See
84
Union Traction System
84 Thirty-fourth Avenue Ry., Denver, Col
84 Thirty-fourth St. RR.
) See 34tb )
84 Thirty-fourth St. Fer. & 1 1 th A v. ^ St.Cr'fn J
84 Thirty-fourth St. Crosstown Ry.— See Met19
ropolitan St. Ry. System
9 Toledo Bowling Green & Fremont Ry..
84 Toledo Consolidated St. Ry.— See Toledo
85
Toledo Electric Street Ry— See Toledo fr.
84 Toledo Electric Ry.— See Toledo Traction
19 Toledo Maumee & Perrysburg Elec. RR ...
74 Toledo & Maumee Valley Ry
61 Toledo & Monroe Ry
74 Toledo Traction
I
'
—
87
77
87
62
18
18
Heatife Traction
I
I
'.
'.
.
Topeka Ry
Toronto (Canada) Ry
Torrington & Winchester Street Ry
Transverse Pass. Ry.— See Citizens' Trac...
Trenton Passenger Ry.See Traction St. Ry.
71 Trenton (N. J.) Street Railway— See United
Power & Transportation
85
85 Trenton Traction
71
85
85
.
.
—
'
.
I
.
.
.
.
.1
.
."iS
Waverly Sayro & Athens Traction Co
90
52 Waverly& Woodstock Electric Ry—See City
87
& Suburban Ry
76
Welle.«ley & Boston St. Ry
03
87 Westchester Electric— See Union Ry.N. Y.. 62
61 West Chicago Street RR
29
West Chicago Street RR. Tuuuel— See West
Chicago Street RR
71
29
36 West End Passenger Ry— See Frankford &
Southwark
Passenger
Ry
70
-,,
°^
West End Street Car
82
West End Street Ry.— Boston
1ft
61 West End Street Ry.— See Denver City RR. 36
87 West End Street Ry. (Knoxyille,Tenu.)— See
Knoxville Traction Co
49
West End St. Ry.—See Penn. Traotion
^0
87 West Eud Traction, Pittsburg, Pa
75
23
87 West Jerse.v Traction (Camden, N. J.)
87 We.stPhiladelphia Pa.ssenger Ry— See Union
Traction System
71
87
87 West Pittston & Wyo. St. Car— See Wilkesb.
87
& W. V. Trac
72
87 West Roxbnry <fe Roslindale Street Railway
81
'.
I
[
[
j
I
88
88
74
88
(Mass. RIectric Companies).
West Seattle Cable
West Shore Ry. (New Haven, Conn.)
West Side Rapid Transit
West Side RR. (Elmira, N. Y.)
72 West Side Street Ry— See Milwaukee
88
Shelton ;Conn.) Htreet Ry
Trl-City Railway
34
Signal Mt. Ry. (Chattanooga Tenn.)
24 Troy City Ry
88
Sioux City & Leeds Electi-ic Ry.— See Sioux
Troy Hill Pass.Ry— SeeFed.St.&P.Val.P.Ry. 74
City Traction
85 Troy & Lansingburg RR— See Troy City Ry. 88
Slonx City Rapid Transit— See Sioux City
Tuscaloosa Belt Ry
88
Traction
Twenty-eighth & Twenty- ninth Sts. Cross6
Houx City Traction
town RR.— see Met. St. Ry. System
85
Sioux City Transit— See Sioux Citv Trac.
85 Twenty-second & Allegheny— Phila. Trac
70
Sixth Ave. RR— See Metro. St. Ry. Sys
61 Twenty-third Av.Elec.Ry See Oakland San
Somerville Horse RR— See Boston El. Sys.. 16
Leandro & Haywards Electric Ry. Cons'd 66
So ith Bo-ston RR— See West End St. Ry
16 rwenty-third St. Ry.— See Met. St. Ry. Sys. 61
Southbridge & Stnrbriage St. Ry
85 Twin City Oen'l Electric (Ironwood, Mich.), 46
South Chicago City Ry
55
30 TvylnCity Rapid Transit
South Covington & Cm. St. Ry— See Cincin
nati Newport & Covington Ry
33 ITnion Consol. Elevated RR., Chicago ... 31
nion Depot RR. (St. Louis, Mo.)— See
Southern Boulevard RR. See Union Ry ... 62
Unit' d Railways Co
81
Southern Electric By.— See United Railways Co
81 Union Ii!lectrio Ry.— See Saratoga Traction 83
20
Union
Elevated
RR—
Brooklyn
Un.Elev.
See
South Ferry Ry— See Metropolitan Street
30
Ry., and also Broad \v'y & 7th Ave. RR
59 Union Elevated RR., Chicago
31
Union
Loop—
Union
Elevated RR
See
South Jersey Tr.— see Bridgeton & M. Tr... 19
South Middlesex Street Ry
85 Union Pass. Ry.— See Union Trac. System. 71
61
South Orange & Maplewood St. Ry
67 Dnion Ry. of New York
73
South Orange & Maplewood Traction
67 Union Ry— See Che.ster Traction
South Shore* Boston Street Ry
18 Union RR— See United Traotion & Electric. 77
31
South Side RR— See Cleveland Elec. Ry
31 Union Transit (Chicago, lU.)
South Side St. Ry—See Metropolitan St. Ry 48 Un. Elec, formerly Un. St. (Dover, N. H.).. 38
57
South Side El. RR, Chicago
30 Union Street Ry. (New Bedford. Mass.)
Union Street Ry. —See Saginaw Val. Trac.
79
Southwestern Elec. Ry.— See Un.ted Rail9
ways Co
80 Union Traction Co. of Indiana
Southwestern Traction Ry. (Phila,,Pa.)
69 Union Traction (.Jersey City, N. J.)— See
48
Newark & Hackeusack Traotion
South West Missouri Electric Ry
90
69
Union Traction (Philadelphia, Pa.)
Spokane Cable Ry.—See Washington Water
85
Power System
85 Union Trunk Line
71
United Power & ransportatlon
Spokane Elec. Ry —See Wash. Water Pow.
12
Rys.
of
Baltimore...
& Electric Co.
8R United
Sy ste in
80
Spokane & Montrose Motor RR
86 United Railways To. (St. Louis)
21
United RR. (Brooklyn, N. Y.)
Spokane Street Ry., etc.— See Washington
77
Water Power System
86 United Trac. & Elec. (Providence, R. L)
73
United Traction (Pittsburg)
Bprlngfleld City Ry— See Springfield Consol1/totP'' T>r
86 United Traction (Reading. Pa.)— See United
72
Power & rrausportation
t pringfield (111.) Consolidated Ry
86
24
bpiiuf^neia (Ohio) Ky
86 Urbana & Champaign Ry. Gas & E. Co
88
8prlu,giield (Mass.) Street Ry
86 Utica Belt Line Street RR
89
Springfield El. Ry. (Vt.)
86 Utica& Mohawk RR
88
Springfield (Mo.) Traction
86 Utlca Suburban— See Utica Belt Line
Stamford Street RR
86 Vallaraont Traction
91
Staten Island Elec. RR
86
Valley Street Ky. (Sharon, Pa.)
85
Staten Island Midland RR
86 Van Brunt Street & Erie Basin RR
22
Stelnway Ry.— See N. Y. A Queens Co. Ry. 5V Virginia Traction- See Petersb. Ry. <fe Elec. 68
Stockton "Oectric RR
80
Btreator Ry
86 Wakefield & Stoneliam Street Ry. (Mass.
Street Ry. Co. of G d Kap— See Cons'd St. Ry. 43
16
Electric Ompaniee)
Suburb. City Ry.& Imp.— See Norfolk St.RR. OH Walden & Orange Lake RR.— See Newburg
Suburban Railroad (Chicago)
62
30
Electric Ry
Suburban Traction (see Orange &. Passaic
Wall & Cortiandt St. Ferries Ry. (N. Y.)
62
Vallev Ky.), Oranee. N.
H7 Warren Rrookf. <fe Spencer (Spencer)
85
Suburban Rapid Transit. Pittsburg, Pa
75 •Vashlngton Alex.andria & Mt. Vernon Ry.. 7
Summit St. Ry.— See Met. St. Ry.", Kansas
Washington Arlington & Falls Church Ky. 89
4«<
City. Mo
Washington & Georgetown. —SeeCapitalTr. 89
Bunbnry <t Nortlnimberl'd Elec. Ry
87 Washington <t Glen Echo RR
90
Buperio'i Rapid Transit Ry
90 Wa.-ihington & Great Falls Elec. Ry
8
—
Page.
Washington iV University RR
90
Wash. Traction <fe Elec
89
Wash. Westminster & <4ettysburg RR
12
Washington Water Power, Spokane
85
Waterbury Tiaction
90
Watertown & Brownville Street Ry—See
Black River Traction
90
Waterville & Fairfield Ry. & Light
.. 90
Watervliet Turni)ike & RR.-See Albany Ry. 7
Waukesha Beach Electric— See Milwaukee
Liuhr, Heat & Traotion ..
55
Waukesha Electric— See Milwaukee Light
83
83
87
18
85
58
82
40
Elec.
Ry & Light
West & South Towns Street Ry—See Chicago
General Ry
West Street & North End Elec. Ry
Wheeling W. Va. & Elm Gro ve R R
Wheeling (West Va.) Ry
)
(
White Line
St.
Ry.— See
People's
St.
55
27
85
91
90
Ry.
34
(Dayton)
6"
White Line Traction (Paterson).
Whitman Street Ry—See Brockton Street Ry. 16
58
Whitney Ave.-See New Haven St
Wichita Ry. Light & Power
91
Wilkesbarre Dallas * Harvey's Lake Ry.72
See United Power & Transportation
Wilkesb. <fe East Side fQ«„wiikpsb
do
& Kingston j X^w^r! vq I
n-i
do
& Sub?irban
traction,
Ju
do
& West Side
Wilkesbarre <fe Wyoming Valley TractionI
*Kii
1
j
I
See United Power .V Transportation
Williamsport Passenger Ry
Willamette Bridge Railway— See City
Suburban Railway
Wilmington City Electric— See
7'^
&
91
7d
United
71
Power & TransportHtion
Wilmin.gton (Del.) City Ry.— See Wilm. &
73
Ches. Trac
Wilmington (Del.) & Brandywine Springs
91
Electric Ry
Wilmington & Chester Traction Co,— See
72
United Power & Transportation
Wilmington & New Castle Elec. Ry. (Del.).. 91
91
Wilmington (N. C.) Street Ry
58
Winchester A venue RR
Winuisiminet RR— See Lynn & Boston Sys. 18
91
Winston-Salem Railway & Electric
Wissahickon Elec— See Roxb'tsh, Chestnut
72
Hill & Norristown
Wonuru & Ri^-ading (Mass. Electric Cos). .. 18
91
Woonsocket Street Ry
91
Worcester <te Hlackstone Val. St. Ry
91
Worcester & Clinton St. Ry
Worcester Consolidated Street See Wor92
cester Traction System
Worcester Leicester & Spencer St. Ry.—See
92
Suburban
Worcester »
91
Worcester & Marlborough Street Ry
Worcester & Millbury St. Ry.— See Worce92
ster & Suburban
92
Worcester & Suburban Street Ry
91
Worcester Traction
Wyatt Park Ry.— See St. Joseph Trac. Ry.
86
Li/ht Heat & Power
38
Wyandotte & Detroit Ri ver Ry
34
Venia Rapid Transit
—
Vonkers RR
ork Street
92
92
Ry
Youngstown Street Ry.—See Mahoning
Valley Electric
anesville Elec.
Z'
-
Ry
92
92
@FedFRASER